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This is a paid sponsorship by: Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill Good morning, Im still reporting on: , Trump's Impromptu Newser, 2282 Synopsis: Support Our Sponsors: - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.StemCellintern.com -Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the Still Report, the quintessential report on the economy and Washington. Connect with Bill Still: https://www.youtube.com/user/bstill3 https://plus.google.com/u/0/+BillStill http://billstills.blogspot.in/ https://twitter.com/billstill https://www.facebook.com/TheStillReport https://www.pinterest.com/billstills/ https://www.linkedin.com/in/billstill http://billstills.tumblr.com/ https://billstills.wordpress.com/ https://www.diigo.com/profile/billstill https://www.reddit.com/user/billstills/ http://www.stumbleupon.com/stumbler/billstillss Consider becoming a Patreon sponsor: https://www.patreon.com/user?u=3204630 https://youtu.be/BSyGb8xjZac
BOB MORIARTY | North Korea, Trade Wars, Precious Metals and Bitcoin Video Proven and Probable Video Source
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Here is the Financial Times:
Australia has created 1m jobs over five years and its economy is growing at a healthy 3.1 per cent a year, but for workers the lucky country has lost some of its shine. Wages growth is stuck near record lows and household debt is among the highest in the developed world.
Average wages grew 2.1 per cent in the year to the end of March, below the 3.5 to 4 per cent levels that Australians enjoyed during a decade-long commodities boom that ended in 2013.
This is causing concern at the Reserve Bank of Australia, which has warned that weak household income growth and high debt posed a risk to the economy. The crisis is really in wage growth, Philip Lowe, the RBA governor, cautioned last year as he implored workers to demand higher wages to stimulate the economy.
A few comments:
1. Australia has now gone 27 years without a recession, despite wild swings in the markets for its key commodity exports (iron, coal, food, etc.) So much for the theory that good monetary policy cannot smooth out the business cycle. So much for the theory that housing bubbles cause economic instability. So much for the theory that decade after decade of massive current account deficits are a problem. The naysayers have been telling me you just wait since I began blogging in early 2009. Im still waiting, and the Australian expansion keeps rolling along.
2. The RBA is confused. It is concerned about slow nominal wage growth, but it is the RBA itself that determines Aussie nominal wage growth. If it wants wages to grow faster, then it should raise the Australian NGDP growth rate.
The consequences of low wage growth are not restricted to workers. Mr Lowe, RBA governor, has warned of a cascade effect whereby it contributes to weak inflation, which keeps interest rates at record low levels a trend that pushes up asset valuations and social inequality.
Weak wage growth also damps spending by households and restricts income tax collection by the government, which is betting on a rapid recovery of wages growth to 3.25 per cent by 2019-20 to meet its pledge to return the budget to surplus.
Nope, low wage growth, low inflation, low interest rates and slow spending are all caused by slow NGDP growth, aka tight money.
It also poses a risk to industrial peace. Last month, Australia stopped printing money for the first time in 107 years due to a strike at Note Printing Australia, a wholly owned subsidiary of the RBA. Workers are demanding a pay rise of at least 3.5 per cent and have rej...
Trump is not a particularly interesting person. The Trump cult, however, is very interesting. Ive been following American politics pretty closely since 1968, and Ive never seen anything remotely like this. (Although obviously this sort of political cult is common in other countries.)
What differentiates a cult from a normal religion? Its not really about the theology. Cult beliefs may seem bizarre, but even ordinary religions hold beliefs that seem strange to an outsider. Rather its about the behavior of the cult members, the blind adherence to the cult leader, the willingness to do or say or believe anything they are told. Nothing less than 100% devotion is acceptable.
A congresswoman from Alabama named Martha Roby has been a strong supporter of Trumps policies since he was elected in 2016. And yet she faces a stiff primary challenge from a Trumpista candidate (and will face a runoff election). Her sin was strongly criticizing Trumps grab them by the pussy remark during the 2016 campaign. In the Trump cult, there is simply no place for a conservative pro-life Christian woman who doesnt believe that rich and powerful alpha males should be allowed sexually harass women.
In South Carolina, Mark Sanfords sins were far worse. He actually stood up for traditional GOP small government ideas, and was soundly rejected in a recent primary. He seems confused by whats happening:
Were at an interesting inflection point in American politics, he said in an interview. If somehow dissent from your own party becomes viewed as a bad thing, then were not really vetting and challenging ideas in the way the founding fathers intended.
Broadening his argument, Mr. Sanford said America was meant to be a nation of laws, not men and that we werent a cult of personality.
Yes, we werent. And this:
The stalled efforts to rein in a protectionist president have led to cries of frustration from Republican free traders bemused by what they see as a growing fealty in the party to Mr Trump at the cost of longstanding party ideals. We are in a strange place...Its becoming a cultish thing, isnt it? Bob Corker, the Tennessee Republican behind the effort to impose congressional oversight on Mr Trumps national security tariffs, told reporters after his measure failed.
Theres that word again....
Intense Video Shows Cop Shoot Fleeing Man in the Back, Then Get Swarmed by Angry Citizens By Matt Agorist The Free Thought Project TDC Note The person running had a modified 9mm with 25 round extended clip. If...
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Over the past year or so, a fact has become increasingly clear. Authoritarian leaders share the classic characteristics of abusers. Authoritarians are abusers. Only they arent abusing a spouse, partner, or familybut a whole society. And that means that society is just like a person trapped in an abusive relationship
I want to begin by illustrating that authoritarians are abuser, and then well discuss the dynamics of this strange, perverse, and unexplored relationshipbecause while we have many books on abusive personal relationships, the idea of abusive social relationships is more or less completely unexplored. So here are a few clear overlaps, by way of abusive tactics authoritarians regularly employ (and Ill paraphrase, for conveniences sake).
Gaslightingthe Democrats built the camps, not us!!
Isolating victims from friends and alliesI alone can save you! The Canadians betrayed us!
ProjectionThe press is the enemy of the people! theyre losers! Just absolute losers! (Translation: being a loser is one of my deepest fears, Im afraid I might be an enemy.)
The victim cardIve never been so hurt! Theyre out to get me!
Withholding and blackmailingIll tear the down the camps if you let me build the wall.
Verbal assaultsLittle Marco, Lyin Hillary, etcetera
Public humiliation, making an example, loyalty testssuddenly firing the most loyal stooges
Shifting sandsWell retaliate against the EU, five minutes later, Lets have a free trade zone!
Do you see how obvious and clear the resonance is? Now lets discuss this strange, pathological thing happening before our eyesthe authoritarian as the abuser of a whole society, who, somehow, has come to have a toxic, codependent relationship with him.
How does an abuser become one? There are many pathways, and here Ill discuss the one I think is the major one. Many, if not most, abusers are narcissists. Sometimes malignant, sometimes seductive and Machiavellian, sometimes grandioseoften, all three.
To really understand a narcissist, you must understand their childhood. Their parents do not soothe or hold or tell them they are loved enough. In other words, they often have stern, cold, distant authoritarian parents (who often themselves feel envious of their own childrens freedom and curiousity and capacity for joy). Ah, see the resonance again? So in such a childs mind, where there should be an introject,...
Roger Stone on Paul Manaforts imprisonment Video Fox News Former Trump adviser sounds off on the pressure authorities are using to turn Trumps former campaign manager and whether more close associates are in danger. Video Source
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How YOU Can Undermine The Evil Cabal by Dylan Charles Activist Post Over the years, the description of the tyrants and psychopaths that so often occupy positions of power in our world has evolved, and today it is fashionable to refer...
Heres a strange and funny observation.
There is the very famous psychology professor who shouts that college students protesting neo Nazis are deep, dangerous threats to free speechbut has yet to condemn internment camps for children. There is the other very famous psychology professor whose goal in life is to persuade you and I that the world is getting betterwhile America implodes into the panicked chaos of authoritarianism (I guess America isnt part of the world). Over there, the renowned columnist who argued women should be sexually enslaved, so that men dont shoot people (I guess he didnt learn two wrongs dont make a right in kindergartenbut well return to him).
Shall I go on? Indulge me for a moment.
There are legions of economists who cheerthe economys doing great!! because profits are higher, while life expectancy plummets and suicide rates skyrocket. And then, at last, there are the throngs of very famous and admired columnists and pundits who condemn Trump a little more hysterically every daybut supported him when it counted and used Hillarys emails as a weapon to shred democracy.
Friends, Im here to tell you something youd rather not hear. Patriarchy and supremacy made America dumb. Wait, not just dumb. Mean, cruel, and poor, too. All the above, if you pause and think about it, are just reflections of a culture, society, way of thinking, still steeped up to its eyeballs in patrarichy and supremacy. Only the rest of the rich world isnt. How so?
American discourse consists (more or less) of the ideas of supremacy and patriarchyjust softly encoded into shining myths of exceptionalism, where its a little better hidden. One endless reiteration of a set of tired fairy talesand if you know them, youll quickly see that every newspaper column you read, every TV show you watch, every politicians speech, is an endless retelling of them. Here they are (if you havent figured them out by now): Everyone must be self-reliant. Only the strong survive, so weakness must be punished. The purpose of life is profit, ownership, and control. Be as cruel and exploitative and ruthless, especially to those beneath them, as possible. The only right way to organize a society is as a junglea food chain, to feed the apex predators.
Wouldnt you say that accurately describes most of the beliefs underpinning American life, from healthcare to education to aspiration to work to play? Why else do we aspire to be ninjas and killers working a hundred hours a week for less money every week, accomplices to our own ruinwhile the rest of the rich world, which lives longer, better, happier lives, gently sip...
Silver and Gold Safe Haven Asset of Last Resort Video Silver Fortune Many investors see assets like the USD or US treasuries as a safe haven asset, but I do not believe that will always be the case....
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Can we afford health care for all, free education for all, housing for the homeless, food for the hungry, a decent and efficient national system of transportation, a clean and healthy environment, a fair and equitable distribution of our collective production, and a true democracy in which people decide their own fate and how their money is to be spent? Politicians of all stripes tell us we cannot. Where will the money come from? is their plaint whenever such measures are proposed.
But other countries have many of those things. There is a vast number of countries that have free or almost free universal health care, as can be seen in this list. And here is a list of 11 countries that have BOTH free universal health care AND free college. The list includes not only affluent countries like Sweden, Norway, Denmark and Finland, but relatively poor countries such as Greece, Argentina and Brazil.
Anyone who has traveled in western Europe knows that Amtrak is a bad joke compared to the extensive and efficient rail systems in Germany, Austria, Switzerland and elsewhere. China too has much better trains than the U.S. and has been rapidly expanding its transport infrastructure. According to Wikipedia, China already has the worlds longest high speed rail network which is also the most extensively used, with 1.713 billion trips delivered in 2017 brin...
RERUN: Gold Is Where It Should Be Pierre Lassonde Video KitCo News While a much higher gold price is needed to bring bullish sentiment back into the mining space, the yellow metal is already fairly priced, said Pierre...
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Aggregate income estimates suggest a collision where income growth has stalled in the wake of the 2015-16 downturn but spending hasnt been dampened by nearly as much. The result has been the several years now of languishing auto sales (and production) as well as the parallel decline in the Personal Savings Rate. In other words, where gasoline prices might trigger a negative reaction in further spending could be at a lower point. Consumers just dont have that much room or discretion.
2. The likelihood of selling the company increases by 4X after migration to Silicon Valley (from 1.4% to 7.1%), and migrants also have higher patenting, commercialization, venture capital financing, and sales. Link here.
3. Are mammals becoming more nocturnal? (to avoid humans, NYT)
Who the Heck Bought $1.2 trillion in New US Treasuries over the past 12 Months? by Wolf Richter Wolf Street Russia, Japan, and the Fed dumped. So who bought? Chinas holdings of US Treasury bonds, notes, and bills, after...
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JW Pres. Tom Fitton: IG ReportClinton Email Scandal BACK in CourtElection Integrity Victory Video Judicial Watch Video Source
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Giuliani: Comey Should Go To Jail , Biased FBI Agents Fired And Imprisoned This Week from ZeroHedge Donald Trump should not sit for an interview with Special Counsel Robert Mueller, because the entire foundation of the Trump-Russia investigation is a...
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A big week in the world of monetary management: The Federal Reserve raised rates 25 bps, the ECB announced plans to wind down its historic QE program, and the Bank of Japan clung to its powerful monetary easing inflationist scheme. A tense Peoples Bank of China left rate policy unchanged, too weary to follow the Feds path.
The Federal Reserve: Public Enemy Number One from GoldSeek The following article was written by Peter Schmidt. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. When currency was backed by gold, a...
Blockchain Main Player In Cannabis Legalization: EXCLUSIVE Interview from The Daily Coin Billions of dollars in product will soon be changing hands across a global marijuana market, but without quality assurance, patent protection and tracking/verification, billions could be lost in...
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Gerald Celente New Trump Bump? Or Will Tariffs and Trade Wars Sink Markets? Video Video Source
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Doug Casey says governments dont care about gold and GATA wears tinfoil hats by Chris Powell GATA Dear Friend of GATA and Gold: Interviewed this week by Craig Hemke of the TF Metals Report for Sprott Money News, financial...
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China on Saturday continued its second day of harsh criticism of the Trump administration for imposing tariffs set to go into effect on July 6.
A Chinese state newspaper said the US President had an obsession with playing the disgraceful role of global economic disruptor.
The wise man builds bridges, the fool builds walls, it said.
The Chinese government said it was disappointed in US President Donald Trumps decision to slap a 25 per cent tariff on some $50 billion Chinese goods, but said it was going to continue multilateral, anti-protectionist trade policies.
The Chinese appear to have been taken back by Trumps decision on Friday, especially since the two sides have been in extensive sides to avert a trade war of tit-for-tat tariffs and penalties.
Saying that the Americans are flip-flopping in the issue, the Ministry of Commerce in Beijing said: This move not only hurts bilateral interests, but also undermines world trade order. The Chinese side firmly opposes that.
China has for months said it did not want a trade war but would retaliate against the US.
Other countries have made similar pledges.
The US tariffs affect some 1,000 Chinese products and are split in two stages applied on $34 billion in products to go into effect on July 6, followed by tariffs on $16 billion to be applied later.
Trump accused China of unfair trade practices which have helped push a trade deficit to nearly $400 billion.
He also accused China of many years of siphoning US technologies as well as intellectual property theft.
China retaliated, saying it will impose an additional 25% tariff on more than 600 US products worth $50 billion but also in two stages beginning July 6.
Meanwhile, International Monetary Fund chief Christine Lagarde also took a shot at Trumps protectionist policies saying his tariffs approach risked dragging down the world economy as well as Americas.
As I have said before, in a so-called trade war, driven by reciprocal increases of import tariffs, nobody wins, she said. Let us not understate the macroeconomic impact.
The BRICS Post with inputs from Agencies
The Movement Has Started, The Clock Is Ticking Down, Tick Tock Video QX22 Report George Soros buys stock in the NY Times and other publications, looks like he wants to control the propaganda. US resumes funding the White Helmets,...
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I read something tonight that made me shiver.
The kids Americas putting in campssome of whom are babiesalready separated from their parentsarent allowed hugs. Not even from their siblings, whom they can only see once a week. They arent allowed to be soothed, hugged, or touched by anyone, in fact.
Can you imagine what its like to be a little child, desperate for your mother and father, who have disappeare, then your siblings are taken awayand nobody can hug you? Go ahead and try.
Every nation has something like a soul, because a nation is made of people. The American soul has always been a strange thing. Made of intense light, but also of the purest darkness, too.
And yet, I suppose, over the last few decades, we might have supposed that we had learned something, from the tragic and foolish history of being American. From all the mistakes that we have made as a people, from the trauma and hurt of them passing down through the generations, like an inheritance of thunder. Something about our souls.
Thats what we all thought, isnt it? Were better than this, it cant happen here, etcetera. Were not those people anymore. But we arewhat kind of people ban kids from hugging each other in camps? And therefore: we havent learned anything at all, yet. Maybe we never will. Can we? How? What does all that make us, the strange and ignorant and broken people who cannot seem to learn a thing, except how to shoot a bigger gun?
I want to tell you about the idea of a crime against humanity. Indulge me for a moment. I know you think, on some level, youre above it. Yet I dont say it to blame or shame you, but only so we understand ourselves. It isnt what you think. It is one of humanitys greatest accomplishmentsand a great reason we are a foolish and broken nation is that we are not taught these things in our schools. The idea was not just that acts like putting people in concentration camps took away their humanitybut that doing so proved the lack of humanity of the society imprisoning them, too. Thus, the soul of humanity was corroded by such crimes.
And that soul, that core, is our most fundamental common possession, resource, birthright, or endowment. And in that way, such crimes were the greatest of all, toobecause without our common humanity, we have no way left to judge right and wrong, true and false, and everything soon turns upside down. Good becomes bad, and bad becomes good. Thats what a soul is for, after all, isnt it?
Now. Let me come back to us. What this act of...
James Turk Audio Interview Discussing Central Banks $34 Billion Smashing Gold & Silver King World News Today James Turk spoke with King World News about the orchestrated takedown in the gold and silver markets and what to expect next. ...
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In other words, if globally synchronized growth was a real thing, and its effects on the US economy were likewise more than rhetorical, then why hasnt US income accelerated? Why havent Americans shaken off the effects of 2015-16 and started buying more cars again (especially cars, though sales of light trucks are no longer growing, either)? To be stuck in this position with, outside of weather events, a downside bias in sales and production for such a long stretch (closing in on three years) illustrates the opposite concepts from a boom.
This week, we sit down with former Senate majority leader George Mitchell, Known among his colleagues in the Senate as an honest leader and skillful legislative strategist, Mitchell was instrumental in negotiating a peace agreement in Northern Ireland and was awarded the Presidential Medal of Freedom. Our conversation covered everything from Brexit to money in
Judge Orders Paul Manafort Detained Amid Witness Tampering AllegationsJune 15, 2018 Updated at 12:31 p.m. ET A federal judge ordered Donald Trumps former campaign chairman, Paul Manafort, to jail on Friday following allegations by prosecutors that he tampered with witnesses in his case. Youve abused the trust placed in you six months ago, said Judge... Read more
By the end of April to stay within the time frame of the TIC data the US gross national debt had reached $21.07 trillion. This was up by $1.22 trillion from a year earlier! So who bought this $1.22 trillion of new US Treasuries? Someone must have!
To the G7: Russia Did Not Invade Crimea, or any Part of Ukraine! Author: Deena Stryker Journal-NEO Since I left France for a return to the US almost twenty years ago, Ive noticed that both the French and the Italian so-called...
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Jim/Bill, Goldmans 15% prediction is nothing to be sneezed at. But if the president follows through on all the duties hes threatened, including the tariffs against China, U.S. inflation could accelerate by 15 basis points, according to Goldman Sachs. If so, call in the cavalry (Volker). CIGA Wolfgang Rech Trade Wars Battle Lines Drawn as... Read more
The stock prices of 16 of the most Systemically Important Financial Institutions (SIFIs) in the world are now in bear market territory (down by 20% or more from their recent highs in dollar terms); and as the FT reports, this has caused Ian Hartnett, chief investment strategist at London-based Absolute Strategy Research, to issue his first Black Swan alert since 2009.
Craig Hemke & Eric Sprott: Silver is leading the way Podcast Sprott Money Silver is leading the way.. Its surprising how its gone up when gold hasnt really participated so probably silver is the interesting thing to watch .Eric...
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U.S. Disaster Zones: Are You Living In A Place Where Disasters Are Common? by Sara Tipton Ready Nutrition With constant media bombardment of fears of a nuclear war, many have begun to prepare for a disaster. But government uncertainty...
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The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat on the beach, and get ready for our longer form weekend reads: Laurene Powell Jobs is investing in media, education, sports and more. What does she want? (Washington Post) You Make $1 Billion. You Flee to Florida. Then the Tax Man Knocks. (Institutional Investor)
Governments Are LYING about Their Gold Activities while Mining Companies Cower Podcast by Mike Gleason Money Metals Coming up well hear a fascinating interview with Chris Powell of the Gold Anti-Trust Action Committee. Chris gives perhaps the most thorough...
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COINTELPRO VS. THE HARDCORE TRUTH Video SGTReport Activist, author and former CIA agent Robert David Steele joins me to discuss the unmentionable word, Trump and geopolitics and right out of the gate I ask Robert if hes a...
Fascinating Email From A KWN Reader After $34 Billion Paper Smackdown In The Gold Market from King World News Below is an email from one of KWNs global readers and what he had to say was fascinating, especially after zerohedge...
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Socialist Insecurity: A Cruel Joke You Probably Wont Get Video Video Source
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Traveling to Your Safe Haven During a WROL Event By E.P. Survival Blog Click HERE for Part 1 Yesterday, we began this article series on traveling to your safe haven during a without rule of law event. We touched...
DEATH BY WELFARE Video Stefan Molynueux When you have something valuable enough, people will do almost anything to acquire it. Stefan Molyneux talks about the true genesis of the welfare state, the trade made between women and men and the...
Paul Gauguin Nevermore 1897 Trump Sets Tariffs On $50 Billion In Chinese Goods; Beijing Strikes Back (R.) Why The U.S.-China Trade Deficit Is So Huge (MW) Wall Street Builds Immunity To Trade War Rhetoric (R.) Nomi Prins: The Central Banking Heist Has Put The World At Risk (UH) Some
Silver and Gold Just Figured Out Inflation Has Hit by Graham Summers Gains Pains Capital The Fed revealed how badly behind the curve it is on inflation yesterday. Sure, everyone believes the Fed was hawkish because it wants to...
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Lior Gantz: Gold Will Rally To At Least $1700/oz in the Next Few Years? Video Wall St for Main St Jason Burack of Wall St for Main St welcomed back returning guest, entrepreneur and Editor at Wealth Research Group...
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Does Powell Have Bigger Balls Than Draghi? by ARKADIUSZ SIERO, PHD Sunshine Profits TDC Note While these weasels sit around measuring, I will continue to beat against them and stack the shiny. #### Powell delivered and hiked again....
Military Grade Portable Power System: Powerfilm + Inergy Kodiak Video Canadian Prepper Video Source
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That question is the focus of some recent research by Chen Huang.
Womens labor force participation rate has moved from 61% in 2000, to 57% today. It seems two-thirds of this change has been due to demographics, namely the aging of the adult female population. What about the rest? It seems that, relative to education levels, wages for women have not been rising since 2000:
I discover that the apparent increase in womens real wages is more than accounted for by the large increase in womens educational attainment. Once I condition on education, U.S. womens real wages have not increased since 2000 and may even have decreased by a few percentage points. Thus, the locus of wage/education opportunities faced by U.S. women has not improved since 2000 and may have worsened. Viewed in that light, the LFPR decrease for women under age 55 becomes less surprising.
You can consider that another indicator of the Great Stagnation.
The post Has the wage-education locus for women been worsening? appeared first on Marginal REVOLUTION.
Here is basic NYT coverage of the case:
University officials did concede that its 2013 internal review found that if Harvard considered only academic achievement, the Asian-American share of the class would rise to 43 percent from the actual 19 percent.
Gabriel Rossman noted on Twitter: Once you control for lacrosse, founding an NGO in high school, legacy status, alumni evaluation of personality, woke personal essays, and a 23&me test for EDAR, theres no effect
My take is simple. Harvard is risk-averse with respect to the stream of future donations, as are many other schools. Asian-American admissions dont have the same donating track record as the white students traditionally cultivated by Harvard and other top universities. Either Asian-Americans may seek out diaspora philanthropy, or they simply may have a more cynical attitude toward top institutions that they basically have never had any control over.
Furthermore, there is a common fear repugnant to me I should add that if a student body becomes too Asian, many white students will be less interested in going there. I taught at UC Irvine for several years and found it to be a delightful experience, but this is exactly what many schools are afraid of (the UCI student body is disproportionately Asian, and the honors class I taught in my first year had only one non-Asian student in it).
And so they come up with every excuse possible sometimes cemented in by self-deception for maintaining a balanced student body.
It is incorrect to call it racism, but it is non-meritocratic and we should move away from those attitudes as quickly as possible....
Did FBI Corruption Extend To Treasonous Actions? FBI Attorney After Presidential Election: Viva le Resistance By Susan Duclos All News PipeLine While we published the long-awaited DOJ Inspector General report for readers to go through while highlighting how liberal media...
The Party Is Over, It Has All Ready Begun Video X22 Report Canada subprime is much worse than everyone thinks, this is not going to end well. US auto production has collapsed. The push to take down the economy...
These European Countries Are Refusing to Accept the Unchecked Influx of Migrants by Daisy Luther The Organic Prepper Much has been written about the unchecked influx of migrants into Europe recently. As the EU promotes the warm, fuzzy, inclusive...
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Josh Phair: Silver Gold Prices PLUNGE to Close the Week Video Silver Doctors Gold and silver saw healthy price rises from the start of the week. Especially during the Federal Reserve chairman, Jerome Powells press conference yesterday. Concerns over...
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CHETTY: So if youre in your mid-30s, only something like a quarter or less of girls growing up in the Bay Area are married, and we show in our paper that every extra year you spend growing up in the Bay Area, youre less likely to get married. I remember telling my wife, I dont think we need to worry. Our daughter will be fine in terms of earnings. Its just that she might not be married if we move to California.COWEN: So, youve lowered your expectations for grandchildren?CHETTY: Yes. [laughs]
Radioactive water being stored at the Fukushima power plant approaches the limit; Japanese officials still have no plan to dispose of it by: Ethan Huff Natural News Theres almost no more room for anymore storage tanks at the Tokyo Electric Power...
Speechless in Seattle BY JARED DILLIAN Mauldin Economics Seattle is being mismanaged. Readers from Seattle probably know what I am talking about. Conservatives (I suppose you could include me in that category) would say that Seattles city government will...
Jason A: The Truth is Stranger than Fiction! Video Video Source
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Areas Of The World More Vulnerable To Collapse by Steve St Angelo SRSRocco Report Certain areas of the world are more vulnerable to economic and societal collapse. While most analysts gauge the strength or weakness of an economy based on...
I Ran A Yanny/Laurel Experiment And You Wont Believe The Results! Video Corbett Report So I found a bunch of Yanny/Laurel-type audio illusions on the online dictionary. Who knew? Can you find any others? Leave your suggestions in the...
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Washed, Bleached and Rinsed by James Howard Kunstler The FBI brass must have needed hazmat suits to scrub DOJ Inspector General Michael Horowitzs report on agency misconduct around the 2016 elections. The result of their mighty exertions is something like...
Im a modern man, A man for the millennium, Digital and smoke free. A diversified multicultural postmodern deconstructionist, Politically anatomically and ecologically incorrect. Ive been uplinked and downloaded. Ive been inputted and outsourced. I know the upside of downsizing. I know the downside of upgrading. Im a high tech lowlife. A cutting edge
As the Federal Reserve kicked off its second round of quantitative easing in aftermath of the Great Financial Crisis, hedge fund manager David Tepper predicted that nearly all assets would rise tremendously in response.
History proved Tepper right: financial and other risk assets have shot the moon. Equities have long since rocketed past their pre-crisis highs, bonds continued rising as interest rates stayed at historic lows, and many real estate markets are now back in bubble territory.
And everyone learned to love the 'Fed put' and stop worrying.
But as King Louis XV and Bob Dylan both warned us, what's coming next will change everything.
Why the Worlds Most Expensive City Is Running to Bitcoin by Justin Spittler Casey Research Youll never guess the worlds most expensive city. Its not Zurich. Its not Tokyo. Its not Seoul, either. No. Its Caracas, Venezuela. Strange, huh?...
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Fed Raised Rates! How Long Until the Stock Market CRASHES? Video The Money GPS Video Source
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Sizzling Retail Sales Numbers Inflated by Eroding Dollar from Schiff Gold If you saw the headlines about the latest retail sales figures, you probably noticed adjectives like hot, booming and sizzling. Total retail sales including food services were up 5.9%...
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Trump and Kim Defied the Odds for Successful Summit from Strategic-Culture Who would have guessed it? US President Donald Trump and North Korean leader Kim Jong-un achieved a stunning success this week when they met face-to-face in Singapore. It was...
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Professor Laurence Kotlikoff & Chris Waltzek Ph.D. Podcast Radio GoldSeek Highlights Professor Laurence Kotlikoff, author of the FREE book: Youre Hired! says gold and silver investors could emerge victorious. What could drive PMs prices higher? Our trading partners are...
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CATHERINE AUSTIN FITTS: GLOBAL CONTROL GRID & THE BLACK BUDGET! Video Dark Journalist Click HERE for Part 1 Exclusive Part 2 with Former Assistant Housing Secretary Catherine Austin Fitts on Control 101: Stunning Black Budget Corruption! Who or What...
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Theres Never Been a Better Time to Buy Junk Silver by Mike Gleason Money Metals Pre-1965 90% U.S. silver coinage, aka junk silver, is one of the most interesting retail bullion products to follow in our industry. The premium...
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Succinct Summations for the week ending June 15th, 2018 Positives: 1. Jobless claims came in at 218k, down from previous 222k. 2. Consumer price index rose .2% m/o/m, meeting expectations. 3. Small business optimism index rose 3 points in May from 104.8 to 107.8. 4. PPI-FD rose .5% m/o/m, beating the expected .3% increase. 5.
Good Bye to All That: Donald Trump and the End of the U.S. Global Empire By Roy Morrison Global Research Whats startling is how quickly Donald Trump, aided and abetted by a mixture of billionaires, sycophants, and far right ideologues is...
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Syrian War Report: Russia, Turkey Reportedly Reach Agreement On Tell Rifaat Video South Front Video Source
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Why Gold Isnt Working As Stock Hedge By Alex Kimani Safe Haven If you have been using gold to hedge your stocks portfolio, then you have a problem. The yellow metal is frequently lauded for its ability offset stock market downturnsand...
Being Around A Chronic Complainer Is Bad For Your Health by Ken Jorgustin Modern Survival Blog The world has doesnt care about you, me, or anyone else. Its up to each and everyone of us to dictate our own...
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Rogue Mornings EM Market Beat Down, Massive Arrests & The Right Direction Video Video Source
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Texas School District Approves Concealed Carry For Select Teachers and Staff by Tim Brown Freedom Outpost Id almost be willing to bet real money that once this goes into effect and it becomes known that these schools are no longer...
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Retail Sales: Inflation Plus Extrapolation by Dave Kranzler Investment Research Dynamics The footnotes are the most interesting section of every financial and economic reports. They also happens to be least studied section of these reports. Those who prepare these...
F. William Engdahl: Europe Faces Crossroads as Atlantic System Crumbles Journal-NEO The world events of the past days are significant far beyond the apparent divide within the G7 industrial nations. If we imagine the planet as a giant electric force...
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Jim/Bill, This article has been haunting me the past few hours. At a meeting Thursday, the Fed governors adopted a new rule that caps a big banks credit exposure to another bank. They (the FED) didnt just pull this out of their hat. Something on the banks balance sheets, as well as their lust for... Read more
4. What is a security? Is an orange a security? An ICO?
5. The culture that is Washington, D.C.? Or, the regional distribution of psychopaths in the United States.
Why People Stopped Prepping, South Africa, California Secession Video The Patriot Nurse Video Source
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Sub-Saharan Africa remains one of the world's most gender-unequal regions, a place where perceptions, attitudes, and traditional roles conspire to limit womens access to healthcare, education, and economic resources. To overcome these obstacles, women need greater access to financial services and farm-related credit.
Heres a little question. Does America have two years left?
Nope. Im not trying to provoke, insult, goad, or taunt you. Id rather be making disco than writing about American collapse. Yet deep down, Id bet that youve asked yourself the same questionmore than once, maybe more than once a day, these daysand then told yourself youre crazy for asking.
Youre not crazy. In fact, youd be crazy if you werent asking yourself this question at this juncture in history. Your intuition is exactly rightits the youve been told to think about what will happen and wont thats wrong.(And of course I dont mean two years left as in the Rapture. America will still be a place. I mean it as in: will America still be a nominally functioning democracy, a modern society, a member of the league of civilized nationsor will it be something like a collapsed, globally reviled pariah state?)
Lets start three years ago. Back then, many of uspeople whove studied authoritarian collapses, lived through them, or bothbegan warning, pretty strenuously, ofeverything thats happening now, coming faster, harder, and worse than everyone who hadnt studied or lived through it expected. We werent taken very seriouslywe were dismissed as alarmists and provocateurs, despite many of us being respected authors and thinkers and intellectuals and so on. Why werent we taken seriously? How is it that mainstream thought is shocked and baffled every single day by what goes onbut hasnt learned why it continues to be, why it is unable to predict what will happen next?
Because the logicor illogicof American thought, which was based on decades of badly mistaken theories of politics, economics, psychology, and sociology, went like this. Hell never get elected! Even if he does, what can he do! Hes a joke! Forget it! Our institutions are way stronger than a goon like that! Were the greatest society in history, are you kidding? Youre being hyperbolic! Youre so dumb! Youre overstating it!and so on. In other words, the idea itself that all of this could happen was dismissed from the beginningit was ruled out of the set of possibilities, without a moments thought, consideration, or reflection. It cant happen here. And that was a fatal mistake.
Because what we were trying to warn of (or at least I was) wasnt just about a single personbut a set of social trends, historical tides, that were setting off a classical sequence of collapse, seen many times before. Economic stagnation. A middle class imploding. Skyrocketing inequality. A society without safety nets, public goods. People living at the edge, feeling insecure, unsafe, threa...
Without timely access to path-breaking technologies, app developers in India can never be on an equal footing with developers in the first world.
Can the EU become a partner for Russia? by The Saker The re-nomination (albeit somewhat reshuffled) of the economic block of the Medvedev government has elicited many explanations, some better than others. Today I want to look at one specific...
Discussions about greening cities typically recognize the importance of sustainable infrastructure and smart urban planning. What they often overlook is that nature is the worlds original infrastructure, and nature-based solutions can help cities address some of the biggest planning challenges they face.
Is There A Secret Committee of 300 That Runs The World? by Catherine Frompovich Activist Post Many years ago the late Dwight D. Eisenhower, 34th president of the United States, dropped some information in his retirement speech no one apparently took...
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Precious Metals Taking Off as Central Bankers Day of Reckoning Arrives Video maneco64 Video Source
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From Theodore Dalrymple in 2010, also known as Prophets of the City Journal:
The actual effect of WikiLeaks is likely to be profound and precisely the opposite of what it supposedly sets out to achieve. Far from making for a more open world, it could make for a much more closed one. Secrecy, or rather the possibility of secrecy, is not the enemy but the precondition of frankness. WikiLeaks will sow distrust and fear, indeed paranoia; people will be increasingly unwilling to express themselves openly in case what they say is taken down by their interlocutor and used in evidence against them, not necessarily by the interlocutor himself. This could happen not in the official sphere alone, but also in the private sphere, which it works to destroy. An Iron Curtain could descend, not just on Eastern Europe, but over the whole world. A reign of assumed virtue would be imposed, in which people would say only what they do not think and think only what they do not say.
The dissolution of the distinction between the private and public spheres was one of the great aims of totalitarianism. Opening and reading other peoples e-mails is not different in principle from opening and reading other peoples letters. In effect, WikiLeaks has assumed the role of censor to the world, a role that requires an astonishing moral grandiosity and arrogance to have assumed. Even if some evils are exposed by it, or some necessary truths aired, the end does not justify the means.
For the pointer I thank Robert Dietrich.
Doesnt it seem ridiculous sometimes? How they keep winning and winning without barely even conceding a game. It almost seems like they have foolproof strategies that lead to guaranteed profit. Thats not the case, however, they simply play it smart and minimalize the chances of losing big money. There is also a hefty dose of
President Trump makes surprise appearance on Fox & Friends Video The president, in a surprise appearance on Fox & Friends on the White House lawn, reacts to the IG reports accusations against former FBI Director Comey, new China tariffs, his...
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Its time for excessive flag waving, daytime drinking and back-of-a-fag-packet maths. And thats just the Brexit discussion at the upcoming June EU Council On the World Cup front enjoy the only month when we can all pretend that the most pressing concern around Russia isnt which election theyll try to rig next, but whether its transport infrastructure can handle a football tournament.
For when the inevitable happens and you realise that most of the games youre watching are truly dire, this weekends reading should come in handy
Have a great weekend,
Director, Resolution Foundation
Marshmallow smarshmallow. Once upon a time (1990) a famous social science experiment found that a childs performance in the marshmallow test (ie how long they can delay gratification before snaffling a sweet) was a strong indicator that they would achieve academically AND behave well as teenagers. This isnt just a story about marshmallows its been central to some policy wonks arguments that how well we do, and even whether we are in poverty, is driven by our individual self-control. But as part of the (welcome) fad for replicating famous papers a new piece of work has re-run the experiment. It still finds a link between marshmallow waiting time and academic achievement, but once family background and ability are controlled for, two-thirds of the effect disappears. And the most important news is that it was only waiting around 20 seconds that made the difference. The conclusion? You havent got to have that much self-control to achieve and poverty might be about more than marshmallows
Culture. It matters. Its the 21st Century. But in the US women are actually working less than they were back in 2000, compared to a 4.5 percentage point rise in the percentage of working-age women employed here in the UK. Lots of us have focused on the disaster that is maternity rights and childcare policy across the Atlantic as a cause of this worrying trend. But a new blog by Matt Bruenig points to another factor almost half of the change is explained by the big increase in Latina groups...
In the middle of the twentieth century, people feared that advances in computers and communications would lead to the type of centralized control depicted in George Orwells 1984. Today, billions of people have eagerly put Big Brother in their pockets.
The Commerce Department also releases retail sales adjusted for inflation. This measure of real retail sales, including food services, rose only 3.1% in May (seasonally adjusted) from a year ago closer to the middle of the range of the past few years, and a lot less to gush about:
Today the Argentina peso plunged another 5.5% against the US dollar. It now takes ARS 27.7 to buy $1. Over the past 16 years, the peso has gone through waves of collapses. This collapse began on April 20.
Raising the federal funds rate and reducing the balance sheet are, without question, mopping up the same liquidity thats floated up the stock market indexes well beyond what an honest man could possibly comprehend. This is also the same liquidity that has floated residential real estate prices above the epic 2006 high-water-mark. What will happen to these extreme asset prices when the liquidity thats floated them up, recedes?
10 Money Suckers Draining You of Cash Right Now by Nilus Mattive Daily Reckoning According to the U.S. Bureau of Labor Statistics, the 3 biggest annual expenses in retirement are: Housing Transportation Healthcare Yes you read that correctly...
Edward John Poynter Erato, Muse of Poetry 1870 This is something Ive commented on many times. Like two months ago, when I wrote: As for Donald Trump, as much as we would like to engage in constructive criticism of the man and his government, we find we no longer can. The anti-Trump echo-chamber has
The Bilderberg Plan to Force Us on the Digital Grid Video TruthStream Media Video Source
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My end of week morning train reads: Behemoths Have Dominated the Market Before, but Tech Is Different (Wall Street Journal) Inside Netflixs TV-Swallowing, Market-Dominating Binge Factory (Vulture) How to Maximize Serendipity (David Perell) Tech Workers Versus the Pentagon (Jacobin) To increase your emotional intelligence, develop these 10 qualities (Quartz) Be sure to check out our Masters in
IG Report Bombshell Just Beginning, More Anti Trump Media Lies, Economic Update by Greg Hunter USA Watchdog he long awaited Inspector General (IG) report on the FBI and how it handled the Clinton email (exoneration) case is out, and...
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Dreams and Delusions by Gary Christenson Miles Franklin This article was sponsored by Miles Franklin. Economic delusions are like dreams while sleeping. From Matthew Walker, Ph.D., founder and director of the University of California Berkeleys Center for Human Sleep...
All central banks are proceeding on the assumption there is no credit crisis on the horizon. This hubris was vividly demonstrated by Janet Yellen who a year ago told us she did not believe there would be another financial crisis in her lifetime, thanks largely to reforms of the banking system since the 2007-09 crash. That crash was a surprise to central bankers then, as was every crash before. Even Benjamin Strong in the late-1920s believed his new Federal Reserve System had tamed the business cycles of the previous century, though he died before being disproved by the 1929 Crash.
Strongs hubris then was the same Yellens hubris last year. Central banks have learned nothing about the credit cycle in nearly a century. If they had, they would be promoting sound money and a hands-off policy, while ensuring commercial banks restrict their credit expansion. They would let malinvestments wash out of the system, not build up for one huge crisis. They are not even aware, it seems, that they are living dangerously as they raise interest rates into and beyond the zone that will trigger the next credit crisis.
Tucker: IG report is catalog of bias, abuse of power Videos Fox News Full show Mark Steyn begins at the 27:15 mark and it is the first time that I have seen Mr Steyn get upset and visible...
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Newly Obtained Documents Reveal Foreign Actors Accessed Hillary Clintons Emails by Cristina Laila The Gateway Pundit Lock her up! New documents obtained by the House Judiciary Committee reveal foreign actors accessed Hillary Clintons emails. One email was classified as...
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Jason A: Evidence of Something Strange Going On! Video Video Source
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Trump and His Eurasian Allies Outflank the Dying British Empire by Harley Schlanger LaRouche PAC The contrast could not have been greater. While the dysfunctional nature of the dying G7, or G6, or G5 (!) a remnant of...
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The rate of sea level rise resulting from the melting of the Antarctic ice sheet has tripled over the past five years, according to new research from a global team of scientists.
Deep State Modified Report Released, Next Phase DECLAS It All Video X22 Report Video Source
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Despite Western sanctions and oil-price volatility, Russia is currently on sturdier economic footing than most of its critics ever could have imagined just a few years ago. But while prudent fiscal and monetary policies have laid the groundwork for long-term sustainable growth, the government must resist the temptation of short-term stimulus.
I recall looking at the 190 SLs many years ago the design was lovely, but they were big, slow and underpowered but more affordable sibling to the 300 SLs. No fuel injected six-cylinder this was a carbureted 4. (Hence, why I passed). 2,722 convertibles were produced in 1958; compare that with the mere 324
Choosing the Right Night Sights By Jason Hanson Laissez Faire Books / LFB.org Dear Black Bag Confidential Reader, John Wolf lives in a working-class neighborhood in Hazelwood, Missouri, a suburb of St. Louis. One evening after the sun had gone down,...
The GLOBAL SYSTEM Weakens: Italy, Beyond the Pasta Video ITM Trading As a Wall Street Unicorn its current market cap is $58.2 billion, even though there are losses as far as the eye can see. On June 12th the...
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Should peer to peer lenders exist in theory? John Lewis Bank Underground, 08 JUNE 2018 Walter Heller famously said that an economist is someone who sees something in practice and wonders if it would work in theory. Economic theory says banks exist because they channel loanable funds more efficiently than individual savers and
Dollars Eroding Purchasing Power Inflates Retail Sales by Wolf Richter Wolf Street Yup, consumers have to spend more to buy the same stuff. U.S. Retail Sales Soared in May and similar headlines graced the media this morning and...
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How To Prosper During The Financial Collapse with Maurice Jackson Video Arcadia Economics Video Source
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OR LIGHT Compassion 2018 Argentinas Peso Collapses Even Further Despite $50 Billion IMF Bailout (WS) ECB Calls Halt To Quantitative Easing, Despite Soft Euro (G.) Japans Central Bank Dials Down Inflation View, Complicates Stimulus-Exit (R.) Powell Orchestrates a Masterful Move (DDMB) The Fed Creates Problems For Itself (Macleod)
Politicians Say They Live In Fear As Threats Against Congress Increase by Mac Slavo SHTFPlan TDC Note Why would a person live in fear if they have been doing the right thing? Even if a person were to...
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Insiders Selling Billions of FANG Stocks RIGHT NOW Videos The Money GPS Warren Buffett Sold $7 Billion of THIS Company! Part 1 Find Out Whos Buying and Selling! Part 2
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Google-Facebook and the War on Our 1st Amendment by Joseph Farah Russia-Insider Free speech, free press, freedom of religion are all under siege WASHINGTON Hillary Clinton apparently has given up her dream of becoming president of the United States. Asked...
Darryl R. Schoon: We Are Heading For A $**t Storm Video RTD Video Source
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Here is another question I didnt get to answer from last night:
Your blog talks about making small marginal improvements, but if you could redesign one system entirely from scratch, which one would it be, and how would it look compared to what is currently in place?
One answer would be blogging, I would have much more of it. But my main answer would be higher education, especially those tiers below the top elite universities. Completion rates are astonishingly low, and also not very transparent (maybe about 40 percent?). I would ensure that every single student receives a reasonable amount of one-on-one tutoring and/or mentoring in his or her first two years. In return, along budgetary lines, I would sacrifice whatever else needs to go, in order to assure that end. If were all standing around in robes, arguing philosophy under the proverbial painted porch, so be it. At the same time, I would boost science funding at the top end.
I also would experiment with abolishing the idea of degree completion altogether. Maybe you simply finish with an assessment, or rather you never quite finish at all, since you might return to take a class when you are 43. Why cannot this space be more finely grained, especially in an age of information technology?
At lower ages, I would do everything possible to move away from having all of the children belong to the exact same age group. The Boy Scouts are a better model here than the 7th grade.
The NBA is one institution that I feel is working really well at the moment. and I dont just say that because I root for Golden State. Though that doesnt hurt any, either.
The authors are Primavera De Filipp and Aaron Wright, and the subtitle is The Rule of Code and it is published by Harvard University Press. I am sent many books on crypto and blockchains, but this is the one I feel is useful to an educated readership. Its not for specialists, but if you have a good general economics and also law background, as one would expect from MR readers, but dont get crypto, this is the book-length treatment for you. It sees merit and potential in crypto, without buying into any particular claim just for the sake of hype.
It is striking that crypto learning and debate really has not occurred through books much at all, nor in the mainstream media. It has been through white and yellow papers, various on-line fora, Medium essays, Twitter, Reddit threads, and a variety of other venues. I believe this is a paradigmatic example of how knowledge spreads these days and it should be studied very seriously as such, because it is the most extreme case of the new methods I know.
Ignore The Medias Preemptive And Misleading Spin To Control The Narrative, READ The Damning IG Report For Yourself By Susan Duclos All News PipeLine Hours before the long-awaited IG report detailing the Inspector Generals investigative conclusions regarding FBI handling of...
THREE OUTRAGEOUS STORIES The Media Wants You To Forget! Video We Are Change In this video, Jason Bermas goes over three outrageous stories the media would like you to forget. These include another DJ scandal involving underage boys, the...
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Have We Reached a Turning Point in The Gold MarketALL Markets? by Michael Kosares USA Gold Why a seemingly run-of-the-mill announcement yesterday by Fed chairman Powell might signal a major turning point for the gold market. . . and...
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Breaking Down The Plan To Control The Narrative When The Economy Collapses Video X22 Report SEC rules Ethereum is not a security, which means that other cryptocurrencies will most likely fall into this category. The reason stated is because...
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The Kinesis Monetary System Podcast TFMetals Report Today we have an update on the rollout of the Kinesis Monetary System, which utilizes physical gold and silver as its foundation. Please be sure to listen to this audio with Tom...
NEWS AND VIEWS FROM THE NEFARIUM 061418 Video Dr Joseph P Farrell Giza Death Star Well that didnt take long Mad Madam Merkel and her Interior Minister Horst Seehofer are at loggerheads over immigration Video Source
A Closer Look At Extreme FBI Bias Revealed In OIG Report from ZeroHedge As we digest and unpack the DOJ Inspector Generals 500-page report on the FBIs conduct during the Hillary Clinton email investigation matter, damning quotes from the OIGs findings have...
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Living Dangerously by Alasdair Macleod Gold Money Regular readers of Goldmoneys Insights should be aware by now that the cycle of business activity is fuelled by monetary policy, and that the periodic booms and slumps experienced since monetary policy...
FED Rate Hike Recap: How Did Markets React? | Golden Rule Radio Video This week we discuss the FED rate hike, recapping how the markets reacted, including gold, silver, the DOW, the US Dollar Index, platinum, palladium, oil, & more....
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Heres a tiny observation.
Americans have become reactionarieswhether they know it or not. They are always desperately, furiously reacting. Alarmed, shocked, baffled, outraged by the days latest, and usually terrible, events. A school shooting, camps being built, a President insulting Canada, elections being hacked, the list is endless. But to react is, at best, to play defense, and at worst, to be manipulated, something like a marionette on a string. Having become reactionaries, what Americans arent anymore is authors of their own destiny as a nation.
Heres how the cycle goes. The authoritarians say something, do something, terrible. They separate mothers and kids, put kids in camps, and so on. Americans respond with sudden disbelieving explosions of outrage, fury, despair, anxiety, dread, denial, bewilderment. But the common thread is that they react. The authoritarians laugh, mock, taunt. The very next day is the samebut worse. What else would it be, if a society is only ever always reacting? Yet doesnt that reactionary cycle define American life now?
Why is that? Why are Americans trapped in this spin cycle of reacting desperately, furiously, anxiously, a little too late, every single day, to the ills of authoritarianismwhich also means that they cant ever really act against it? After all, if all that Americans can do is react to authoritarianisms daily transgressions, each one a little more terrible and violent than the last, then authoritarianism will surely win, because it is constantly pushing the bar down into the abyss. So until and unless Americans can explain authoritarianism, instead of react to it, they will simply have no power over it. If you cannot explain a thing, if you do not understand what causes it, but are only ever responding to its effectswhat power do you really have? You are impotentjust as Americans find themselves today.
Hence, the desperate, futile spin cycle of reaction in America today tells us something interesting and I think a little important. Americans arent very interested in why their society is collapsingonly in the daily news of its collapse. Collapse porn is a great business, these days. Doesnt that strike you as odd? Funny? Strange? Maybe now you see my point. You are right to say that I am asking a kind of meta-question of meta-ethics, a question about a question, which makes it even more unlikely that Americans will be interested in it. But to me, it is one of the greatest questions of all.
Perhaps you think I am being unkind. Americans already know what caused their society to collapse, you sayauthoritarianism! You dummy! Why are you asking us such useless questions?! Ge...
Shanghai Gold Exchange Withdrawals Strong Again in May Video smaulgld Video Source
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A public health expert has warned that the influenza vaccine has been oversold...
Revival in the Chinese Jewelry Market from Schiff Gold The Chinese gold jewelry market reversed three years of declines in 2017, marking its first gain since a 2013 boom. According to a report released by the World Gold Council, the modest...
The US Federal Reserve has voted to raise the target for its benchmark interest rate by 0.25%, citing solid economic expansion and job gains.
The widely-anticipated decision will lift the target for the central banks benchmark rate to 1.75%-2%, the highest level since 2008.
A majority of Fed officials also forecast two more rate rises this year, one more than previously predicted.
The rise is part of the US recovery following the global financial crisis.
It is the seventh time the bank has raised rates since 2015.
The tighter policy reflects expectations that US growth and inflation will prove stronger than officials anticipated in March, while the unemployment rate continues to fall.
Federal Reserve Chair Jerome Jay Powell said job gains are boosting income and confidence, while foreign expansion and tax cuts support additional growth.
The main takeaway is that the economy is doing well, he said.
The problem with global growth, synchronized or not, is that it isnt really a thing. It is a made-up concept that accompanies confusion. Why is the economy about to pick up when there is no evidence for that expectation? Global growth. Its a nonspecific bogeyman that anyone can point to and expect little or often no pushback.
Currencies Truth and Confidence by Gary Christenson This article was written for Miles Franklin by Gary Christenson. In 1967 the Jefferson Airplane sang: When the truth is found to be lies, And all the joy within you dies Restate...
More Assaults on the Rule of Law By Andrew P. Napolitano Lew Rockwell Amid all the happy hoopla over President Donald Trumps trip to Singapore, where he began the process for what he hopes will be the normalization of relations...
The U.S. Department of Justices Office of the Inspector General (OIG) released a 500-page report Thursday detailing the results of a long-running inquiry into whether the Federal Bureau of Investigation (FBI) led by James Comey acted inappropriately leading up to the 2016 election with its handling of the Hillary Clinton email investigation.
Our attorneys and legal analysts spent hours sifting through the 500-page report. Here are the top takeaways, and most important legal points.
Are IQs Really Dropping? #NewWorldNextWeek Video James Corbett Welcome back to New World Next Week the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news....
The post Are IQs Really Dropping? #NewWorldNextWeek (Video) appeared first on The Daily Coin.
The art (not science) of financial engineering camouflaging a rise in leverage which boosts present and future earnings for the purpose of sustaining a bull equity run is most sought after when irrationality in capital markets is at its strongest. That occurs in a monetary inflation featuring virulent asset inflation as its most obvious symptom. Hunger for yield or irrational exuberance means that sober rational cynicism which would help investors spot the engineers camouflage is abnormally weak.
Were Shocked! Shocked! To Hear That Corporate Execs Use Share Buybacks To Line Their Own Pockets by John Rubino Dollar Collapse Heres one for the Clueless Regulator Hall of Fame: Corporate executives are using stock buybacks to pad their...
The post Were Shocked! Shocked! To Hear That Corporate Execs Use Share Buybacks To Line Their Own Pockets appeared first on The Daily Coin.
A correspondent writes to me:
Isnt it weird that the best ideas we have just. pop into your head? I have no idea how to trace them. They just show up.
@Tyler any research into this area?
Dean Keith Simonton springs readily to mind, noting he has a new book coming out this year on genius. Here are some overview pieces on simultaneous discovery, and of course those tend to stress environmental factors. Here are some approaches to the multiplicative model of creative achievement. I am a fan of that one. What else?
By Jonathan Landsman
In an alarming revelation, it has come to light that government scientists at U.S. Food and Drug Administration (FDA) have found the weed killer ingredient glyphosate in many popular processed foods. This information was in emails that were obtained through a freedom of information request. (what they did with that intelligence is SHOCKING!)
Glyphosate is perhaps best known as the main ingredient in the Roundup weed killer brandfrom the Monsanto company. And, the FDA has been testing foods for the presence of herbicides and pesticides including, this highly toxic substance glyphosate for two years but had not released results. (Gee, I wonder why)
The leaked information shows that the organization has had trouble finding foods that do NOT contain traces of this harmful chemical. Corn meal, crackers, cereals and many other processed foods all show traces of glyphosate.
The internal FDA email is dated January 2017 and is a portion of many communications within the organization to determine just how much glyphosate is in our nations food supply. It is the first time the FDA has attempted to ascertain the levels and potential risks of glyphosate contamination.
As you may know, glyphosate has been used for the past 40 years. Yet, the FDA just recently begun testing for it. (not a comforting thought if you think about their slow reaction time)
Demand for testing intensified in 2015 following the International Agency for Research on Cancer (IARC) classification of glyphosate as a probable human carcinogen.
Roundup and other pesticide brands are sprayed directly on to many crops such as corn, wheat, oats and soybeans. It is also used on fields before growing season on crops like spinach and almonds.
While the levels are low, some exceed accepted guidelines, including in corn, where over tolerance levels were detected. (The legal limit is 5.0 ppm, and 6.5 ppm was detected.) Of course, the FDA dismissed its findings, along with other information in the email, stating that the foods tested were not official samples.
The FDA says it will be releasing official findings in a report later in 2018 or early 2019. These types of reports are typically released around two to two and a half years after data has been collected.
In addition to glyphosate, the FDA has also been measuring for herbicide residues 2,4-...
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Carsharing provides many social, economic, and environmental benefits, such as reduced household costs, increased access to transportation for lower-income households, less traffic congestion, and lower levels of greenhouse gas emissions. However, existing urban transportation systems do not always offer "affirmative action" for shared mobility, especially in cities where competition for space is at a premium.
We need to make our urban areas more welcoming to wildlife. Here are five ways we can do so.
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