Submitted by Tyler Durden on 08/13/2012 - 15:45 Central Banks Reality
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We had great hopes that following the return of Merkel from vacation, the VIX would finally post an uptick. Alas, it appears that the Fed's new market desk head will not relent until the VIX is at or below 0 (alternatively, stock volume will hit 0 first, in either case confirming the death of equities as anything resembling a discounting mechanism, and validating it as a plaything of central banks). Which means that until reality does come back first slowly and then very fast, we have to focus on more "off the beaten path" news. Such as this one courtesy of BBC: Thai MP Boonsong Kowawisarat 'accidentally kills secretary.' With a submachine gun. In a restaurant. Has yet to be arrested. And faces a $636 fine if convicted.
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http://www.zerohedge.com/news/thai-senator-accidentally-kills-secretary-submachine-gun-faces-636-fine

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.