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Visit our website now: http://www.billstill.com - considered by informed insiders’ as THE ultimate resource for fixing the National Debt problem and surviving Economic or Financial Collapse/Crash and attaining the unvarnished truth about Washington and today’s United States Political Climate. Good morning, I’m still reporting on the economy! SR 1208 – Bill Still on the Financial Survival Network on 9-22 [audio blog about 20 mins long] 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.facebook.com/BillStillOfficial https://twitter.com/billstill?lang=en https://www.youtube.com/user/bstill3/videos https://plus.google.com/u/0/109353617116072656672 Consider becoming a cherished sponsor: https://www.patreon.com/user?u=3204630 https://youtu.be/Y5wdCGDKPUo
Visit our website now: http://www.billstill.com - considered by informed insiders’ as THE ultimate resource for fixing the National Debt problem and surviving Economic or Financial Collapse/Crash and attaining the unvarnished truth about Washington and today’s United States Political Climate. Good morning, I’m still reporting on the invasion Egypt Prefers Donald Trump’s Stand on Terror http:// www.billstill.com/ 08:29 – Sept. 23, 2016 SR #1206 – Egypt Prefers Donald Trump’s Stand on Terror -Stronger Muslim Terrorist position Good morning, I’m still reporting on the invasion. The President of Egypt, Abdel Fatah el-Sisi, met with both Donald Trump and Hillary Clinton last Monday in New York to assess both candidates. Though no official endorsement was forthcoming, the next day, members of the Egyptian delegation to the United Nations did express outrage and frustration over President Obama’s ongoing support for the Muslim Brotherhood and concerns that a President Hillary Clinton would only continue the cooperation with that terror organization. Ahmed Gad, a member of the Egyptian Parliament’s Foreign Relations Committee told Breitbart on Tuesday: “I think 90 percent of Egyptians would prefer Trump because he will not cooperate with terrorists.” President El-Sisi told CNN afterwards that he had “no doubt” that Donald Trump would make a strong leader. Egypt is one of the biggest and oldest Muslim nations in world history. The Egyptian delegations’ positive comments about Trump and negative comments about Clinton show the irresponsibility of the MSM theme that all of Trump’s relationships with Muslims are toxic. Trump was accompanied by his two primary advisors during the meeting with the Egyptian President; retired Army Lt. Gen. Michael Flynn—the former head of the Defense Intelligence Agency (DIA), and U.S. Sen. Jeff Sessions (R-AL). After the meeting, the Trump campaign released the following: “Mr. Trump expressed to President el-Sisi his strong support for Egypt’s war on terrorism, and how under a Trump Administration, the United States of America will be a loyal friend, not simply an ally, that Egypt can count on in the days and years ahead.” The meetings were organized by Dr. Michael Morgan, a popular Egyptian media personality and host of a show called “American Pulse.” Morgan was quite open concerning the Egyptians general distrust of Hillary Clinton. He said President El-Sisi wanted to meet with both candidates, because he didn’t want to give Clinton a chance to pretend she had his endorsement: “As evil as she is, she [would] go out to the media and say: ‘Oh, I have a good relationship with this man [because] I know foreign policy.’ “ “So he made sure [to] meet Trump … to make sure the American public doesn’t think he supports Hillary.” [insert “evil” giff] I’m still reporting from Washington. Good day. 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.facebook.com/BillStillOfficial https://twitter.com/billstill?lang=en https://www.youtube.com/user/bstill3/videos https://plus.google.com/u/0/109353617116072656672 Consider becoming a cherished sponsor: https://www.patreon.com/user?u=3204630 https://youtu.be/xgGEOYxhEE8
Visit our website now: http://www.billstill.com - considered by informed insiders’ as THE ultimate resource for fixing the National Debt problem and surviving Economic or Financial Collapse/Crash and attaining the unvarnished truth about Washington and today’s United States Political Climate. Good evening, I’m still reporting on SR#1204 Campaign Clinton is Covering Up Her Parkinson’s Disease? Non-Existing Medical Test Good evening, I’m still reporting on the Clintons. Hillary Clinton has failed to appear at a series of fundraisers in California this week, sending Bill Clinton in her stead. The campaign claims that her pneumonia has kicked up again. However, questions are being raised about the credibility of some statements that have been made by Clinton’s long-time physician, Lisa Bardack, According to a physician who is President Obama’s 2nd cousin, once removed, Dr. Milton R. Wolf, a board-certified radiologist from Kansas: [insert ss of tweet] “Hillary’s doctor just claimed Hillary had a perfect score on a test that does not exist.” On Sept.14 , Dr. Bardack wrote that: [insert from letter] “A non-contrast chest CT scan, including a CTA calcium score, was performed.” But, according to Dr. Wolf – again, a board certified radiologist: [insert Dr. Wolf tweet 2] “A ‘CTA’ is a CT (or cat scan) angiogram. It always requires contrast. Always. It cannot be included in a ‘non-contrast CT scan.’” Dr. Bardack is an internist, not a radiologist, but she is Chair of Internal Medicine at CareMount Medical in New York, and a Diplomat of the American Board of Internal Medicine. Dr. Wolf, continued in another tweet: [insert Dr. Wolf tweet 3] “So Hillary’s doctor – who says hashtag HillarysHealth is ‘excellent’ – just claimed Hillary had an imaging study that doesn’t exist. Oops.” Most people don’t buy Dr. Bardack’s assertion that Clinton is in excellent health. So what is going on with Hillary that is causing her to miss so many critical campaign events? Dr. Ted Noel, a retired MD, believes Clinton has Parkinson’s Disease. Over the past week, he has discussed his conclusions ,with Chicago reporter, Gary Franchi. [insert clip 1] What’s the meaning of these eye movement abnormalities? Dr. Noel says they indicate some sort of degenerative problems with Clinton’s brain function. [insert clip 2] So, will Clinton show up at the 1st debate this coming Monday night, Sept. 26th? Dr. Noel thinks it would be very troublesome for her campaign if she has one of these eye incidents while on camera. One more thing: In Still Report #1102, back on Aug. 8, we said that it looked like Hillary’s handler – this guy – had a Diazepam Pen at the ready to inject Hillary should she have a seizure. But why would this guy be so careless as to actually have it out where people could see it if there was no immediate threat of her falling to the ground? That was the best theory we could come up with at the time, but now he have one that makes more sense. Notice that the handler is walking alongside the Clintons and he’s looking down at the floor in front of them. So here is what I think this is. [insert] Look at the Handler. He’s on the left. He’s got a white laser pointer in this hand pointing out the way for Clinton. There are balloons all over the floor, so he’s pointing at the door. Look, you can see it hit the wall when you slow this down. So there it is, this device is a laser pointer to keep Hillary Clinton moving during a Parkinson’s-induced freeze-up. I’m still reporting from Washington. Good day. https://youtu.be/FCDbboP00pY 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 Stil......
TEHRAN (FNA)- Russian fighter jets carried out fresh combat sorties over [Israeli U.S. Proxy] militants’ positions in Northern Hama, leaving 20 anti-government fighters dead and several more wounded. The Russian fighter jets, tipped off by intelligence agents, launched heavy airstrikes on an underground stronghold of Forsan al-Hagh Brigade near Ma’ardes, claiming lives of 20 militants. […]
Fresh proof the FBI’s Hillary email probe was a joke … Yet another surprise revelation suggests strongly that the FBI’s probe of Hillary Clinton’s e-mail mess was anything but a by-the-book investigation. House Oversight Committee Chairman Jason Chaffetz (R-Utah) said he learned only Friday that the Justice Department gave immunity deals to Clinton’s former chief…
Readers, this article comes a little bit “long in the tooth,” and undoubtedly many of you are already aware of the reasoning behind it. On October 1, 2016 (just a few weeks away), the Obama administration will hand off control of the Internet through the Commerce Department to a foreign corporation largely under the control…
Visit our website now: http://www.billstill.com - considered by informed insiders’ as THE ultimate resource for fixing the National Debt problem and surviving Economic or Financial Collapse/Crash and attaining the unvarnished truth about Washington and today’s United States Political Climate. Good evening, I’m still reporting on Angry Hillary Clinton Still Report #1205 - Angry Hillary Clinton -Was it Another Parkinson’s Flare-Up Quinnipiac Poll Hillary Clinton addressed the Laborers’ International Union of North America today via video conference. Clinton was still suffering from something - likely a Parkinson’s flare-up – did her speech from somewhere other than the campaign trail – probably at her New York estate. It was the most angry speech she has ever given. Obviously her presidency – years in the planning and execution – is now swirling down the drain as the facts of her crime syndicate gradually filter their way into the American consciousness. "Why aren't I 50 points ahead of Trump?" Driving Clinton’s anger are new polls arriving daily that show new inroads being mined successfully by Donald Trump. For example, this evening, certain TV news commentators repeated the lie that Clinton was ahead in Georgia. Well, according to the latest Quinnipiac Poll, released just hours ago, Trump now leads in Georgia by a nearly insurmountable 7 points – 47 to 40. Only yesterday, Dems were implying a victory in Georgia was a near certainty. In Iowa, the TV pundits told us this evening that Trump & Clinton were tied, however, according to Quinnipiac, Trump leads by a nearly insurmountable 7 points – 44 to 37. In Colorado, my old friend, Univ. of Virginia Professor Larry Sabato’s Crystal Ball assessment claimed Colorado is still leaning Democrat; but not according to Quinnipiac, which claims that Trump now leads by 2. And this is a conservative estimate of Trump’s lead. Only 2 days ago, another poll said Trump was leading by 4 points. So yes, Clinton’s temperature is risin’ and it isn’t surprisin’ because the latest figures from the LA Times came out yesterday showing that just on the general election, Clinton has spent $96 million dollars in mostly anti-Trump advertising – mostly to no avail. Trump has spent a measly $17 million – 5 and a half times less money, for his ever-rising poll results . Knowing that it is only getting worse, Clinton lashed out at Donald Trump as the memorable moment of her union video-conference call today: [insert] Oh my goodness is not this pose here reminiscent of one of the wicked witches in the Wizard of Oz? If someone can find that segment, please cut it out and send it to me. This would make a great Hillary campaign poster. And that’s why people are scared of her; and that’s why they call her Killery. I’m still reporting from Washington. Good day. 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.facebook.com/BillStillOfficial https://twitter.com/billstill?lang=en https://www.youtube.com/user/bstill3/videos https://plus.google.com/u/0/109353617116072656672 Consider becoming a cherished sponsor: https://www.patreon.com/user?u=3204630 https://youtu.be/VqbNdJ39h5g
The trading day just ended, on what may be the penultimate week of “normalcy” for generations to come. Frankly, I have never been more scared, as the certainty of my views has never been more powerful. Which are, that nothing – not Central banks, governments, nor any “supreme manipulative power” – will be able to stop…
Doug Short at Advisor Perspectives creates fantastic charts. This one shows the long term downtrend in initial unemployment claims. It correctly points out that claims are presently at the lowest rate in history as a percentage of population. But is that bullish? The notations in the upper 3/4 of the chart are those of Advisor…
Leonard Cohen Complete Studio Albums Collection, 11 CD Box Set I cannot figure out how this 11 CD box set is for sale at Amazon for $23. I ordered two (one for me, one for a friend). Track Listings Disc: 1 1. Suzanne 2. Master Song 3.…
The post $23?!? Leonard Cohen Complete Studio Albums Collection, 11 CD Box Set appeared first on The Big Picture.
For some years now, very low interest rates have been reducing the earnings of retirement investors as well as the lifestyles of many of those already retired. To understand why this has been happening – and why it may continue for a very long time – one must recognize that there is a direct relationship…
In this episode of the Keiser Report Max and Stacy look at the geology of earthquakes in order to understand economics and finance. In the second half Max interviews Pierre Jovanovic, author of the upcoming book, The History of John Law, about the matter of Madame Christine Lagarde and about the current economic crisis in…
The €72 trillion (notional) derivatives mess known as Deutsche Bank remains under severe pressure. It’s market cap is $17.43 billion. …
TDC Note – Below is the latest report warning everyone to get out of their 401k, private pension and IRA – now. As we noted in our latest warning, Underfunded, Underperforming and Unable to Pay, pension funds are based on the same mirage as the economy. When the stock market begins it’s decent into the…
Hi Jim, Even the UN is now predicting that the next financial crisis is imminent. In the UN’s Annual Report by the Conference on Trade and Development published yesterday (see attached), they stated: “There remains a risk of deflationary spirals in which capital flight, currency devaluations and collapsing asset prices would stymie growth and shrink... Read more »
You don’t have to catch the next flu. With the right combination of supplements, in most cases, you can knock out, or radically lesson the severity of an infection. If an illness is caught early enough, even people who eat a lousy diet can treat it with the right supplements before they feel really sick.…
1. Peruvian interview with me (in Spanish).
3. Wells on Joyce: “And while you were brought up under the delusion of political suppression I was brought up under the delusion of political responsibility.”
5. Board games non-clearing markets in everything: Scrabble yn Gymraeg, or in other words Scrabble in Welsh. So far the five copies sitting in Waterstone’s have not been sold after two years. Perhaps that is because the “y” and the “w” are worth only one point each. “Twmffat” for the bonus!
6. “The paper attributes one-third to one-fifth of the decline in work hours by less-educated young men to the rising use of technology for entertainment — mainly video games.” It’s not Scrabble yn Gymraeg keeping them at home…Link here, Alan Krueger calls it “strong evidence.” Summers (FT) seems to endorse the hypothesis in passing.
Max and I try to find some morning coffee in North Carolina.
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As we reported yesterday, Puerto Rico has been suffering with an island wide power outage due to fire at one of the main electrical transfer stations. If you need more reasons to maintain your preps look for no further than the gas pipeline that burst on September 9th in Alabama disrupting service to millions of…
The statistics offered by the government and the FED are not to be trusted. We’ve long known that the Consumer Price Index (CPI) is manipulated in ways that are intended to mask the increases in the true cost of living for the average American. The same is true of the unemployment numbers. Amidst all the happy talk of economic recovery, wages (in real terms) continue to decline and debts continue to mount up. Charles Hugh Smith in his recent post, What If We’re in a Depression But Don’t Know It?, provides some eye-opening charts and convincing narrative that makes it plain that economic depression is the current reality for all but the top 5%.
But it’s not only the U.S. that is in trouble, the depression is worldwide. The financial crisis of 2007-2008 was only the beginning of what some call “the great unraveling” There are any number of commentators that provide further arguments on that score, including Thom Hartmann (The Crash of 2016) and Gerald Celente.
But no one besides myself is pointing out the underlying cause of all these problems. It is the monopolization of credit by a banking cartel, in collusion with top government officials, that creates money based on interest-bearing debt, a formula that centralizes power and concentrates wealth in the hands of what Hartmann calls economic royalists.
By their control of the monetary machinery they are able to lavishly fund weapons, war, and the global corporatocracy, while making money scarce for everyone else. Further, this system is not sustainable because the interest burden causes debts to grow continually with the passage of time. Central governments have assumed the role of “borrower of last resort,” to keep the money supply pumped up and the banks from failing. This cancer has metastasized and the end is near. –t.h.g.
Neocons, CIA and the “deep state” in the U.S.. NATO in Europe. Who else is being aggressive in our world towards other nations? Who else is continually poking Russia and China to provoke a war? What actions have Russia or China demonstrated that makes a thinking person say “Why are they being aggressive?” Not one…
They’re killing the book business. The old guard, the ones married to paper and indie bookstores, the publishers afraid of big bad Amazon, have achieved their goal, they’ve killed the e-book. That’s right, e-book sales are down by 21.8%, the entire book business has declined by 2.7%, this is what happens when Luddites living in…
John Kerry says Syrian ceasefire plan will only work if all aircraft are grounded. But as Murad Gazdiev explains, the no fly zone over Syria mentioned by the Secretary of State wouldn’t apply to the US-led coalition. YT Comment Joshua Paul Shameful. Kerry is a buffoon who can not even control his own tongue. Obama…
Editor’s note: Today, we have a special essay from International Speculator editor Louis James. As you may know, Louis is one of the world’s most respected gold stock analysts. He’s visited gold mines all around the world. He understands the geology. And he’s on a first-name basis with some of the industry’s top executives. But it wasn’t always…
Over at Econlog I did a post discussing the austerity of 1946. The Federal deficit swung from over 20% of GDP during fiscal 1945 (mid-1944 to mid-1945) to an outright surplus in fiscal 1947. Policy doesn’t get much more austere than that! Even worse, the austerity was a reduction in government output, which Keynesians view as the most potent part of the fiscal mix. I pointed out that employment did fine, with the unemployment rate fluctuating between 3% and 5% during 1946, 1947 and 1948, even as Keynesian economists had predicted a rise in unemployment to 25% or even 35%—i.e. worse than the low point of the Great Depression. That’s a pretty big miss in your forecast, and made me wonder about the validity of the model they used.
One commenter pointed out that RGDP fell by over 12% between 1945 and 1946, and that lots of women left the labor force after WWII. So does a shrinking labor force explain the disconnect between unemployment and GDP? As far as I can tell it does not, which surprised even me. But the data is patchy, so please offer suggestions as to how I could do better.
Let’s start with hours worked per week, the data that is most supportive of the Keynesian view:
Weekly hours worked dropped about 5% between 1945 and 1946. Does that help explain the huge drop in GDP? Not as much as you’d think. Here’s the civilian labor force:
So the labor force grew by close to 9%, indicating that the labor force in terms of numbers of worker hours probably grew. Indeed if you add in the 3% jump in the unemployment rate, it appears as if the total number of hours worked was little changed between 1945 and 1946 (9% – 5% – 3%). Which is really weird given that RGDP fell by 22% from the 1945Q1 peak to the 1947Q1 trough–a decline closer to the 36% decline during the Great Contraction, than the 3% fall during the Great Recession.
That’s all accounting, which is interesting, but it doesn’t really tell us what caused the employment miracle. I’d like to point to NGDP, which did grow very rapidly between 1946 and 1948, but even that doesn’t quite help, as it fell by about 10% between early 1945 and early 1946.
Here’s why I think that the NGDP (musical chairs) model did not work this time. Let’s go back to the hours worked, and think about why they were roughly unchanged. You had two big factors pushing hard, but in opposite directions. Hours worked were pushed up by 10 million soldiers suddenly entering the workforce. In th...
On Thursday, Turkish President Recep Tayyip Erdoğan accused the United States of supplying weapons to Kurdish YPG fighters — whom Turkey has been battling for decades — in the northern Syrian city of Kobani, Reuters reports. “Three days ago America dropped two plane loads of weapons in Kobani for these terror groups,” President Erdoğan saidwhile in New York. The…
“Alarm bells have been ringing over the explosion of corporate debt levels in emerging economies, which now exceed $25 trillion … Damaging deflationary spirals cannot be ruled out”.
This grim assessment comes from an article posted at Telegraph.co.uk, that quotes a recent annual UN “Conference on Trade and Development” report. The article is entitled, “UN fears third leg of the global financial crisis – with prospect of epic debt defaults,”
The writer’s name is Ambrose Evans-Pritchard and he’s one of Britain’s most prominent journalists, known for his hard-hitting reporting. He’s also the editor of the International Business section of the Daily Telegraph.
Here’s how it begins:
The third leg of the world’s intractable depression is yet to come. If trade economists at the United Nations are right, the next traumatic episode may entail the greatest debt jubilee in history. It may also prove to be the definitive crisis of globalized capitalism, the demise of the liberal free-market orthodoxies promoted for almost forty years by the Bretton Woods institutions, the OECD, and the Davos fraternity.
Alarm bells have been ringing over the explosion of corporate debt levels in emerging economies, which now exceed $25 trillion. “Damaging deflationary spirals cannot be ruled out,” said the annual report of the UN Conference on Trade and Development (UNCTAD).
Notice the phrase, “greatest debt jubilee in history.”
If you’ve been reading our blogs and publications, you know that for two years now , I’ve been writing about Shemitah Trends and the the Jubilee Year 2016. That’s no accident. I long ago discovered that the world’s elite organizers like to utilize both of these celebratory timelines to trigger catastrophic economic, sociopolitical and military events. Is it a game to them, or a kind of sly messaging? I don’t know, but we can see them doing it again in this article.
Right up front, Evans-Pritchard mentions a global “debt jubilee” and no one mentions that by accident. We’ve written in the past (see the article here in January) about how the BIS’s top economist William White used the phrase – and the writer who quoted him was none other than Ambrose Evans-Pritchard.
White claimed the world’s overall indebtedness was such that only a global forgiveness of debts would suffice to correct global finances. And here, once more, is Evans-Pritchard raising the decibel level to four or five alarms.
Maybe we should simply discount his reporting. But that’s probably not such a good idea. He’s a very important reporter whose father was an agent of British Intelligence. An article like this isn’t simply dashed off quickly. It has the ring of a declaration.
Here is the article’s summary sentence, toward the bottom:
What is clear is that world will soon need a massive and coordinated spending push by governments to create demand and bring the broken global system back into equilibrium. UNCTAD is entirely right about that.
What UNCTAD is calling for is the exact opposite of a free-market solution. We’re told that UNCTAD has stated what its execs believe to be obvious: Monetary policy is not working around the world. A “global new deal” is necessary, one to be directed by governments in concert probably with the UN itself.
Of course this program w...
Our world is changing, in my opinion not because of “global warming” or “climate change” but by the forces of nature. Our planet has been spinning for some time, billions of years, so, it only makes sense there would be constant change. The “ring of fire”, the New Madrid Fault Line, tectonic plate shifts are…
The landmass of Bangladesh is one-118th the size of Russia, but its population exceeds Russia’s by more than 25 million.
Most of the article (NYT) is about the unbearably bad traffic in Dhaka. Every year 400,000 new people arrive in Dhaka, the city has only 60 traffic lights, and only 7 percent of the surface is covered with roads (Paris say would be about 30 percent).
The piece, by Jody Rosen, is interesting throughout.
“It is fundamentally important to meet the United Nations Security Council requirement to separate the so-called moderate opposition from terrorists. The United States and members of the US-led coalition bear special responsibility for this process,” Lavrov said.
Lavrov’s statement comes amid a tense week for Russian-US diplomacy over Syria, escpecially in the wake of the attack on an aid convoy which killed 21 relief workers.
The two countries traded terse words in a blame game as the one-week old Syrian ceasefire appeared to fall apart.
“The refusal or inability to do that under the current circumstances cannot but strengthen suspicion that some wants to protect Jabhat al-Nusra and the regime change plans still exist, which is the grossest violation of the UN Security Council resolution,” Lavrov told delegates.
In a television interview with Russian media, Lavrov said that some rebel factions allied with Jabhat Al Nusra (Nusra Front), the Al-Qaeda allied Islamist group, since the ceasefire.
He also said that ceasefires in the past have been used to rearm, resupply, and regroup anti-government Islamist groups.
Meanwhile, medical sources in Aleppo said that hundreds of people had been killed and wounded in three days of intensified aerial bombardment of rebel-held areas of the city and rebel shelling of government-held districts.
A vital water station was apparently damaged, threatening to cut off clean water to hundreds of thousands of people in the city.
On Saturday, the Syrian army said its forces had started to retake parts of Aleppo in a massive offensive against the city.
Read more: Russia, US trade barbs in Syria blame game
The BRICS Post with inputs from Agencies
Housing demand growth is slowing, so why is housing inflation continuing at a steady pace more than twice the rate of the CPI? The answer is simple- tight supply and a mortgage rate subsidy that reduces the effective cost of a house to the buyer, thereby increasing the purchase price that buyers can pay. The initial…
There were some hopes that a non-move by the Fed would end the current correction in precious metals and spark a move to new highs. Unfortunately, the Federal Reserve cannot override the supply and demand component of the market. Gold and gold stocks popped higher but less than two days later the sector (and specifically…
Coming up we’ll hear a wonderful interview with Guy Christopher, one of our most popular columnists at MoneyMetals.com. Guy enlightens us as only he can on a couple of well-known but very misunderstood stories – Robin Hood and The Wizard of Oz – and explains how both underwent changes and ultimately developed either a socialistic or an anti-sound money…
“Alarm bells have been ringing over the explosion of corporate debt levels in emerging economies, which now exceed $25 trillion … Damaging deflationary spirals cannot be ruled out”. This grim assessment comes from an article posted at Telegraph.co.uk, that quotes a recent annual UN “Conference on Trade and Development” report. The article is entitled, “UN fears third leg of…
This week on Masters in Business I sit down with Michael Murphy, co-founder of the Right to Rise Super Pac, partner at Revolution Agency, and former campaign manager for Jeb Bush. The timing could not have been better — as the race has tightened just before the first Presidential debate. A self-described conservative, he has been called a…
The post MiB: Michael Murphy, Conservative Political Consultant appeared first on The Big Picture.
What, precisely, is the US military for, and what, precisely, can it do? In practical terms, how powerful is it? On paper, it is formidable, huge, with carrier battle groups, advanced technology, remarkable submarines, satellites, and so on. What does this translate to? Military power does not exist independently, but only in relation to specific…
Universal Law/sovereign law trumps all others. 1. No man or woman, in or out of government shall initiate force, threat of force or fraud against my life and property and, any and all contracts Im a party to not giving full disclosure to me whether signed by me or not are void at my discretion.…
Indian Defense minister Manohar Parrikar and his French counterpart Jean-Yves Le Drian signed the deal on Friday; the first of the jets are scheduled to be delivered by 2019.
This deal, which has been in the works for the past four years, work’s to Delhi’s favor because it allows the provision that the fighter jets will be customized according to India’s requests.
India’s aging fleet is down to 33 squadrons, coming up short against a requirement of 45 to face off long-time rivals Pakistan and China, with which it has an aggravated border dispute.
The deal comes in tandem with Prime Minister Narendra Modi’s vow to modernize India’s armed forces with a hefty $150 billion allowance.
French President Francois Hollande lauded the deal and said: “The agreement… shows the great military and strategic power’s recognition of operational performance, technological quality and competitiveness of the French aero space industry.”
Local media in India, citing defense officials, said the deal includes the delivery of advanced Beyond Visual Range and air to ground missile systems.
According to the deal, France will also provide logistical support, spare parts, and flight simulators.
The BRICS Post with inputs from Agencies
Violence, alcoholism, and obesity pose the biggest risks in the U.S. But the rest of the world isn’t doing much better. As Bloomberg reports, Iceland and Sweden share the top slot with Singapore as world leaders when it comes to health goals set by the United Nations, according to a report published in the Lancet. Using the UN’s sustainable development…
Stephen Hawking is known for offering insightful and often scary commentary on the universe and technology. The world-renowned theoretical physicist and cosmologist has cautioned against rapidly evolving artificial intelligence, humans exploiting and destroying Earth, and Donald Trump becoming one of the most powerful men on the planet. Now, he’s warning scientists and humanity in general against becoming too friendly with alien…
Three members of the Libyan parliament charge that Hillary Clinton is the “Butcher of Libya” for her role in bringing Islamic terrorists to power. The three MPs spoke to WND via a video conference call this week. Jabalahd Al Shibani, a member of the now homeless Tawergha tribe said: “Hillary and her group are ….…
The weekend is here! Pour yourself a mug of Verona coffee, sit up in bed, and get ready for our longer form weekend reads: • How to hide it: inside the secret world of wealth managers. They are the brains behind the most ingenious tax avoidance schemes. And there are more of them than ever (Guardian) • Amazon Says It Puts Customers…
Curing disease is good, right? No. Jemima Lewis, writing in the Telegraph, says curing disease is a sickeningly bad idea:
…the Zuckerberg-Chans have the most ambitious vision yet: developing new technologies and medicines to tackle every disease ever invented.
We’d better hope they don’t succeed. What would it do to the human race if we were granted eternal health, and therefore life? Without any deaths to offset all the births, we would have to make room on earth for an extra 208,400 people a day, or 76,066,000 a year – and that’s before those babies grow old enough to reproduce themselves.
Within a month of Mr Zuckerberg curing mortality, the first wars over water resources would break out. Within a year, the World Health Organisation would be embarking on an emergency sterilisation programme. Give it a decade and we’d all be dead from starvation, apart from a handful of straggle-bearded tech billionaires, living in well-stocked bunkers under San Francisco.
I’m shocked that anyone can write such depraved things in a major newspaper. In a decent culture this kind of thing would be relegated to some sick corner of the dark web. I suppose I shouldn’t be surprised, however. Ayn Rand villains exist. Look around.
It seems as if the tide has changed as the U.S. imported a record amount of gold from Switzerland in July. Normally, the flow of gold from the United States has been heading toward Switzerland. For example, when the U.S. exported a record 691 metric tons (mt) of gold in 2013, Switzerland received 284 mt,…
No one has to be a victim of the global elite plan. You just have to see it coming. You preserve wealth by getting out of the way of certain developments. You increase wealth by getting out in front of other developments. As always, timing is critical. It’s important to stay focused and be nimble.…
Big Pharma and the US Government are pushing the idea that we do not have a say what goes into our bodies, they are trying to convince the world they control us. Charlotte shooting video has been released, and it looks like the cops open fired on a mentally disturbed person. 99% percent of the…
Yves here. We’ve been saying for some time that Merkel’s hold on power was weakening. As this Real News Network video shows, the recent election results confirm this slippage. Notice that this interview fails to mention that the huge influx of refugees into Europe is the direct result of the US creating failed states in […]
With continued uncertainty in global markets, the unthinkable has now become reality. “The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.”— Thomas Sowell By Ronald-Peter Stoeferle, Incrementum AG Liechtenstein September 23 (King World…
By Alex Jordon Turmeric – one of the most popular and healthiest spices in the world; Honey – one of the oldest and healthiest sweeteners on earth; Lemon water – a super healthy drink that will help your health in many ways. The benefits of drinking lemon water in the morning seemingly endless, here are top 7 reasons why you should…
UKIP MEP Nigel Farage (ex party leader) is on the guest panel talking about recent political events. YT Comment Cynical Brit Nigel is shock and awe to remoaners. Though he really should start carrying a drawing around with him showing what Brexit means. That way, the hard of comprehending might stand a better chance of…
DPC “Unloading fish at ‘T’ wharf, Boston, Mass.” 1903 • Austerity Only Benefits Germany But Destroys Europe, Renzi Says (BBG) • €18 In ECB QE Generated Just €1 In GDP Growth (ZH) • IMF Calls For More Greek Pension Cuts, Greater Debt Relief (Kath.) • Plunging Velocity of Money Closes Fed Window (Roberts) •
The transfer [estate] taxes are highly distortive of economic activity. In fact, they probably do the most damage to output and income per dollar of revenue raised of all the taxes in the U.S. tax system. There are two reasons. First, they are an additional layer of tax on saving and investment, activities that are highly sensitive to taxation and very likely to shrink in response to the tax. Second, the transfer taxes are levied at very high, steeply graduated marginal tax rates on a very narrow tax base. The high rates discourage saving and investment at the margin, while the average tax rate and tax revenues are held down by the credit. A tax that has a large differential between its average and marginal tax rates does far more damage per dollar of revenue raised than a flatter rate tax on a broader base.
Here is the full study and pdf. The pointer is from Alex T.
Originally published December 2015 by Rory, The Daily Coin The Federal Reserve has, once again, admitted to being a criminal operation that is destroying the U.S. economy. Please remember that wealth is never destroyed, only transferred. When your account loses value someone else’s account is gaining value. When this happens on a massive scale, like in 2008, all of…
If an unclassified email leaked by WikiLeaks is any indication, it appears that there may be much more to the story of what happened to Hillary Clinton back in 2012. We’ve been told that she suffered a concussion… but was that just diplomatic cover for something else? Bill Clinton himself publicly claimed that her 2012…
There are a few possible routes to establishing a monopoly in quant trading. Here’s one that seems to work really well. It’s kind of hard to explain, so bear with me. Many trading signals reliably predict prices, but not strongly enough to overcome transaction costs (i.e. exchange fees, clearing fees, liquidity costs, etc.). A stock can moves up or down $.01 in the next period, your trading signals predicts the right direction 60% of the time, and transaction costs average $.0025. Unfortunately after costs, you’ll end up losing $.0005 per trade, so it’s not a viable strategy.
But let’s say you’ve got three uncorrelated trading signals just like it. If you wait until all three point in the same direction, now there’s a 94% of the stock moving in your favor. You easily clear the transaction cost threshold and neatly make $.0063 per trade. When you gather together multiple uncorrelated signals, the whole becomes worth much more than the sum of the parts.
This is basically how a company like Renaissance Technologies operates. It has hundreds of people working in silo’d groups. Each group contributes to the overall fund’s strategy, but are largely unaware of what the others are doing. Alone any single group would probably not have a viable standalone strategy. That’s a big deterrent to people leaving, starting from scratch is really hard. And there’s only a few other major companies in Renaissance’s league, where they’re already strong enough to make money off of marginal signals. It’s a chicken-and-egg problem. To become viable in the space you need to accumulate a whole bunch of signals, but to attract a critical mass of talent with signals you need to already have a viable strategy running.
That one was “from the comments.“
The post Quant trading economies of scale someone should give Doug his own blog appeared first on Marginal REVOLUTION.
There’s a misconception that Mexico is a destitute, drug-cartel ridden country bent on stealing U.S. jobs. The truth is it’s an immensely beautiful country with a diverse economy and entrepreneurial spirit — albeit rife with corruption and risks. Forget about the wall issue being politicized. There’s far more that unites Mexico and the U.S. —…
Euro zone business growth hits a two year low. There is now a 60% increase of homeless people in NY since 2011. Mortgage apps tumble by 7.3%, Manufacturing PMI slides as well. World Trade is in contraction. The Atlanta Fed and the NY Fed both slashed GDP growth and the economy is reported being very…
Doc, Dubin, & the GATA Chairman Break Down the Market Action, Discussing: Could the Saudi’s Dump Treasury Bonds This Weekend? Friday’s Gold & Silver Price Smash: The Same Thing Over & Over & Over! Murphy Believes Gold and Silver Prices May NEVER Go Up Again Until the Cartel BLOWS UP The GATA Chairman Explains Why EVERYTHING…
YT Comments lansing street blues Such hubris, such arrogance….doesn’t he have a clue what the world thinks of him? The next nightmare will be him as head of the UN. All I can say is I hope Trump withdraws from the UN when he is president! Trajan Morgan Amen and get us out of NATO…
Silver has been money longer than gold. As most of you know our economy is in serious trouble. Gold is money and everything else is credit. As our economies continue to falter and the lies become ever more apparent gold and silver will be one of the few assets that will protect your wealth and family. Small changes…
Amerika’s Killer Cops Are On A Rampage Murdering Everyone In Sight
How does “freedom and democracy” have public murderers who murder at will?
The post Amerika’s Killer Cops Are On A Rampage Murdering Everyone In Sight appeared first on PaulCraigRoberts.org.
On the heels of the Fed’s decision not to raise interest rates in the United States, here is a powerful note from Bill Fleckenstein’s source the “Lord of the Dark Matter.” By Bill Fleckenstein President Of Fleckenstein Capital September 23 (King World News) They Should Be More Committed The Fed, BOJ, ECB, and Bank of England, along…
YT Comment truthseekers won’t see this press conference on any US MSM. It’s all blame Russia for everything. John Heinz 57 Kerry just lies, lies and postulates. He know the US military/wall st. industrial complex wants to disrupt another country. It’s all part of the oligarchy’s plan. The american people are being kept entertained by…
Helicopter money requires central banks to make choices they cannot make while undermining their independence and inflation-targeting mandate. Attempts at explicit fiscal coordination may not be feasible and may create unresolvable conflicts between central banks and political governments. In the post-financial crisis world, unconventional monetary policy has become so mundane that the name is a…
The country’s top white collar crime expert, William Black – who put over 1,000 top S&L executives in jail for fraud, and is a professor of law and economics at the University of Missouri – confirmed recently what the alternative media has been saying for years: the business plan of Wall Street is fraud. That’s their…
Now is the time to either redouble your prepping efforts or make a serious dedication to getting your preps in order. Ukraine, Syria, Libya, Afghanistan, South China Sea and these are the just the ongoing military wars. This is to say nothing of the currency wars and now we have BREXIT and the Euro currency…
Italy’s gold has had an eventful history. Robbed by the Nazis and taken to Berlin. Loaded on to gold trains and sent to Switzerland. Flown from London to Milan and Rome. Used as super-sized collateral for gold backed loans from West Germany while sitting quietly in a vault in New York. Leveraged as a springboard…
In light of the Fed rate hike news finally dropping this week, we can start looking ahead to the rest of the year. It’s a great time to be Fed Up with the election looming and global central banks making moves to preserve their economic health into next year. Fed Holds Interest Rates “For the…
YT Comment John Dow the real problem is we are in the midst of an extremely large transition we are transitioning from a dumb fossil-fuel capitalist economy into a economy based on technology and there will not be very many jobs at all that includes White Collar jobs White Collar jobs are probably some of…
Earnings by the bets via Internet are rather undeveloped kind of extra income amongst the sport fans. And it is quite obvious. Despite the abundance of the advertisements of many bookmaker offices in the Internet there are lots of mistrusts to it due to the different reasons. For example, very often people perceive it like …
The Federal Reserve is stalling… Eight years ago, the Fed dropped its key interest rate to near zero. It did this to encourage people to borrow and spend more money. It kept its key rate near zero for seven years. Then, in December, the Fed lifted its key rate for the first time in almost…
Roulette earning is the most attractive and the most difficult at the same time method of getting money in virtual casino. Despite of it’s old history of appearance this gambling is still doesn’t lose popularity among the gamblers. The great varieties of the roulette games allow to gambler make his choice in favor of the …
The knowledge of proper strategies of the game and a money management principle are only the part of the successful plan of the gambling casino games. The presence of the proper attitude to the game is also very important. The typical attitude of losers is approximately the following: they always go to casino for fun and they are …
News Story of the Day: former Federal Reserve Chair Alan Greenspan thinks the current bullish rally in the bond market is unsustainable. In fact, according to Greenspan, the bond market has already reached its peak. “Whenever you have a bull market, it looks as though it is never going to turn,” Greenspan told Bloomberg Televisionon Friday.…
Doc, Dubin, & the GATA Chairman Break Down the Market Action, Discussing:
Eric’s Market Commentary:
All things considered, the trading
action doesn’t look terrible.
Silver started to catch a bid towards the end of our show and gold has been in a tight range. The cartel hasn’t been able to do much of anything with gold, today, other than keep a lid on it. Miners, on the other hand – sheesh. That’s partly speculators giving up the ghost and fresh shorting. I’m sure you saw AG (First Majestic) yesterday.
That looked like AG was outright being targeted by the cartel to use AG as a sentiment trigger. The “silver signal” as expressed through silver miners was loud and clear, yesterday…and today.
But again, all things considered, while it doesn’t feel like it, I don’t see today’s moves as proof we’re going down next week. That silver is catching a bid now is an example of those strong hands, picking up the cartel-induced bargain, and the buying is happening at a technical point that one would expect to serve as a trigger for paper traders. Those mega-strong paper longs are visible, in the market, TODAY.
Wall St for Main St welcome Jason Stapleton, who is a currency trader, libertarian podcast host and founder of Trade Empowered. For more information on his podcast, go to www.jasonstapleton.com For more information on his currency trading education company, go to www.tradeempowered.com What did we talk about? 1. We went into Jason’s background and discussed…
German pharmaceuticals giant Bayer, which last week agreed to acquire GMO maker Monsanto, may get rid of the US company’s brand name to improve the firm’s reputation.
A Bloomberg article titled, ‘Heroin, Nazis, and Agent Orange: Inside the $66 Billion Merger of the Year,’ didn’t help.
People familiar with internal discussions at Bayer said the aspirin inventor is considering the name change to avoid sullying its reputation. They also said no decision has been made yet, and Bayer’s managers could have some time to think it over.
Following the purchase agreement, Bayer CEO Werner Baumann said there’s an opportunity for the companies to jointly “get beyond this image and reputation thing” by building on the trust Bayer enjoys in Europe. In May the drug maker was named the world’s most reputable pharmaceutical brand by the Reputation Institute.
The $66 billion acquisition deal, which is now being closely scrutinized by antitrust regulators, is expected to be completed by the end of 2017. If the deal goes through it will make Bayer the world’s biggest seed and pesticide producer.
Bayer and Monsanto claim the combined companies will have better opportunities to research new products in order to help farmers produce more food. Opponents of the deal argue that will drive up prices for farmers and increase the spread of genetically modified seeds.
Monsanto which is one of the world’s leading manufacturers of genetically modified seeds has long been criticized in Europe, with many consumers skeptical of GMO-derived produce.
According to Marc Tuengler, chief of DSW, a German association that advises small investors on proxy votes, the Monsanto deal gives Bayer the opportunity to redeem a tarnished brand and highlight the benefits of the company’s products.
“With the right signals, the right decisions, Bayer can show w...
TDC Note – This is an interesting read and if you want to “listen in” on what is happening between unelected bureaucrats, that determine the fate of the world, this is your chance. Thanks to Eric Dubin for finding this piece. If you want to better understand the pieces of paper in your wallet or…
Two of China’s largest steel companies have announced plans for a merger, creating the world’s second largest steelmaker, as the industry struggles with global overproduction.
Under the deal, Baosteel is to take over its smaller competitor Wuhan Iron and Steel.
Both companies are majority-owned by the state.
The announcement comes as Beijing tries to overhaul the steel industry, one of the country’s bloated state sectors.
The merger will create a new company, China Baowu Iron and Steel Group. Based on data from 2015, the two firms together have an annual production of about 60 million tonnes a year, which would make it the country’s largest steelmaker.
Globally, it would be second only to Luxembourg-based ArcelorMittal.
Baosteel’s net profit tumbled 83% to 1bn yuan ($150m) last year, while Wuhan lost 7.5bn yuan, a sharp drop from its 1.3bn yuan net profit in 2014.
Steel demand in China, as well as worldwide, has slumped in the past year as the country’s economic growth has slowed.
The resulting overproduction has seen steelmakers around the world suffer huge losses. China has been accused of price dumping – selling its steel cheaply overseas in order to clear its stocks.
In April, China promised to reduce its steel output, following a crisis meeting attended by 30 nations.
Over the past 25 years, Chinese steel production has expanded hugely with output growing more than twelve-fold.
China produced more than 822 million tonnes of steel in 2014 and is expected to produce even more this year. However, projected demand for its steel in 2016 is only 672 million tonnes.
“Both companies are majority-owned by the state.”
its like merging two government departments to save costs..
“In April, China promised to reduce its steel output, following a crisis meeting attended by 30 nations.”
stop flooding the world with cheap shit!
The US group sent out a cryptic message, stating that there is “surprising activity” on Europa – the most well known of Jupiter’s 67 moons.
NASA has been analysing data from its Hubble Space Telescope which is currently prowling the universe.
The space experts said in a statement announcing the event on Monday, to be broadcast live at 7PM UK time: “Astronomers will present results from a unique Europa observing campaign that resulted in surprising evidence of activity that may be related to the presence of a subsurface ocean on Europa.”
Most scientists agree that where there is water, it massively increases the chances of finding life.
Europa has long been touted as a possible host of life elsewhere in the Solar System, and even boffins working on the Juno Probe, which is currently in orbit around Jupiter, believe that it could be a likely habitable zone for some lifeforms.
When asked why Juno has to be intentionally destroyed at the end of the mission, Juno project scientist Steve Levin said that they don’t want to contaminate any potential life in that are.
He added: “We think Jupiter’s icy moon Europa has a subsurface ocean of liquid water; and because everywhere on Earth that we’ve found water, we’ve also found life, this is a good place for us to search.”
However, many are not convinced and believe the announcement will relate solely to the discovery of water on Europa.
NASA called a similar emergency press conference when they announced the discovery of flowing water on Mars.
It was only last year that Alfred McEwen, professor of planetary geology at the University of Arizona, and his team found evidence of water on Mars, and even found that water was still flowing on the surface.
Since then, efforts to find life on the Red Planet have been upped.
we found something that maybe something which means there maybe life somehow out of this something and we are not alone ok? dig?
“Astronomers will present results from a unique Europa observing campaign that resulted in surprising evidence of activity that may be related to the presence of a subsurface ocean on Europa.”
Speaking to the US Senate, the Pentagon’s leaders blamed Russia for the Aleppo aid convoy attack, but admitted they “had no facts.” Only US coalition planes should be allowed over Syria, they said, though that would require war against both Syria and Russia.
Defense Secretary Ash Carter and General Joseph Dunford, Chairman of the Joint Chiefs of Staff, faced the Senate Armed Services Committee on Thursday to report on the ongoing military operations and “national security challenges” faced by the US. They also asked the senators for more reliable funding, saying the uncertainty was hurting the defense industry.
“Not only our people – our defense industry partners, too, need stability and longer-term plans to be as efficient and cutting-edge as we need them to be,” Carter told the senators.
The lawmakers were far less interested in the war against Islamic State (IS, formerly ISIS/ISIL) than about the future of the Syrian government, Iran’s “malign influence,” and “aggression” by China and Russia – all ranked far ahead of terrorism on Carter and Dunford’s list of security challenges.
The Pentagon had “no intention” of sharing intelligence with Russia when it came to Syria, Dunford told the lawmakers unequivocally. Secretary Carter explained that the joint implementation councils envisioned by the ceasefire proposal negotiated in Geneva wouldn’t share intelligence, just coordinate efforts – but that they were a moot point anyway, since the ceasefire was effectively dead.
Both the lawmakers and the Pentagon chiefs blamed that development on Russia, focusing on the alleged airstrike against the humanitarian convoy in east Aleppo while the US-led airstrike against the Syrian Army fighting IS in Deir ez-Zor went unmentioned.
“I don’t have the facts,” Dunford said, when asked about the convoy attack by Sen. Richard Blumenthal (D-Connecticut). “It was either the Russians or the regime,” he added.
“There is no doubt in my mind that the Russians are responsible,” whether directly or because they backed the government in Damascus, Dunford said, describing the attack as “an unacceptable atrocity.”
“Only US coalition planes should be allowed over Syria, they said, though that would require war against both Syria and Russia.”
the hypocrisy here is overwhelming..
and then they discuss the attack on the aid convoy:
“I don’t have the facts,” Dunford said, when asked about the convoy attack by Sen. Richard Blumenthal (D-Connecticut). “It was either the Russians or the regime,” he added.”
you dont have facts but it was russia or syria..wtf is that doublespeak?
China and Pakistan are “passive enablers” of the North Korean nuclear program and may face some secondary sanctions for violating UN approved sanction, say U.S.-based experts, with China being a bigger issue.
“The right way to describe China’s role is that they actually have been a passive enabler by providing generalized support to the North Korean regime,” says Scott Snyder, Senior Fellow at the Council for Foreign Relations. Chinese support has led Kim Jong-Un to believe that China will vote for stability and not go so far as to threaten his regime security, he adds.
North Korea carried out its fifth nuclear test last Friday, its second in less than a year. Experts have concluded that the underground explosion was stronger than the previous four triggering a magnitude 5.3 seismic event. The test was condemned by the international community and has led to increased tensions in the region with both China and US trading blame for not working to restrict North Korea’s nuclear program.
Siegfried Hecker, former head of the Los Alamos National Laboratory concluded that North Korea may have “a stockpile of sufficient fissile material for approximately 20 bombs by the end of this year and a capacity of adding approximately 7 per year.”
China has long been accused of not putting sufficient pressure on North Korea and not implementing UN sanctions by allowing movement of goods and money across its border, a claim it has denied. Experts believe that China wants North Korea as a buffer between its border and US and its allies.
“Why use the word accused, the evidence is pretty clear. China has agreed to do a lot of things that it hasn’t. A US news channel was filming cargo going back and forth on the North Korea-China border without any inspection. It is pretty clear that North Korean related organizations are operating in China,” says William Newcomb, Visiting Scholar at the United States Korea Institute in Washington DC and former UNSC panel member who helped impose sanctions on North Korea.
He believes that the Chinese are making a strategic blunder by confusing status quo with stability especially as North Korea is “90% a failed state” and the Chinese leadership is in effect implying that the “Chinese military will not be able to protect Chinese borders if North Korea collapses.”
North Korea’s nuclear program is also known to have ties with Pakistan, which supplied it with schematics for nuclear weapons while the former is thought to have provided help on the Pakistan’s missile program. Egypt and Iran have also coordinated with North Korea in the past. The blatant violation of UN sanctions by some countries has raised the question of consequences for their actions.
Newcomb believes that violators should not be allowed to get away and that the UNSC should find ways to make violators to pay a price for their actions.
United States law requires the imposition of secondary sanction on entities that trade with North Korea. Here again, analysts believe that China can be a bigger target than Pakistan and Iran.
china and pakistan eh?
“The right way to describe China’s role is that they actually have been a passive enabler by providing generalized suppor...
Our apologies, there will not be a Q+A session this weekend as Jim is a bit under the weather and weak in voice. We had planned to have Sean from SGT report interview us both but is pushed off until next weekend. See y’all next weekend!
by Adam Hamilton Gold surged sharply this week after the Yellen Fed yet again chickened out on raising its benchmark interest rate. Gold-futures speculators’ irrational fear of Fed rate hikes has been a major drag on gold. And rate-hike risks just plummeted in the coming months, since the Fed can’t risk acting heading into this…
In this exciting episode Dr. Joseph Farrell joins Dark Journalist Daniel Liszt to reveal the hidden dangers inherent in the Common Core Education system being forced on communities around America. Farrell uncovers the truth about the Transhumanist agenda and their goal of humanity merging with machines in order for a few select elites to ascend…
By Dan Zukowski
Norway has announced plans to kill more than two-thirds of its remaining wolves, justifying the action as protection for livestock. The plan has sparked outrage by conservationists.
Three wolf packs, including pups, will be shot by hunters during Norway’s annual hunting season, which runs from Oct. 1 to March 31. Last year, 11,571 people applied for licenses to kill just 16 wolves. This season’s allotment would mark the largest wolf kill in the country since 1911.
“This is an outright mass slaughter. Something similar we have not seen in nearly 100 years, when the policy was that all large carnivores would be destroyed,” Nina Jensen, CEO of World Wildlife Fund (WWF) of Norway, told The Guardian. “To shoot 70 percent of the wolf population is not worthy of an environmental nation.”
She goes on to note, “This decision includes a wolf family in Letjenna who have not taken or eaten one sheep since they established themselves there in the winter of 2011/2012.”
In Norway, farmers release about 2 million sheep to open grazing lands. Of these, estimates are that 120,000 go missing each year. Those lost include natural accidents, being hit by cars and trains, and predators including wolves and wolverines. Estimates for the numbers lost to wolf predation vary from 380 to 1,800 and may be influenced by Norway’s compensation policy. Along with many other European countries, Norway compensates farmers for livestock losses due to wolves, creating an impetus for inflated numbers.
Europe has an estimated population of 13,000 wolves, with about 400 in Scandinavia. Protection for European wolves varies by country. Sweden and Norway have often been at odds in their approach to wolf management, where Norwegian’s former government minister in charge of environmental issues, Erik Solheim, said in 2011, “Everyone knows that the wolf doesn’t pay attention to borders. Wolves from Sweden can come into Norway and do great damage, and therefore it would help if can cooperate on this.” Solheim is currently Executive Director of the United Nations Environment Program.
In my last issue of the Mining Stock Journal (Sept 15), I featured trading opportunities in three large-cap mining stocks plus I explained why a recent buy recommendation from the National Inflation Association was a nothing more than a pump-n-dump operation. Although the sell-off in AG stock was attributed to a highly negative report issued by Kerrisdale…
Jon Reinish, 202-999-0461 JReinish@skdknick.com
HelloVote Revolutionizes Voter Registration, Brings Millions of Tough-to-Reach Millennials, Minority Voters into the Political Process
New York, New York (September 21, 2016) – HelloVote, a first-of-its-kind voter registration chat bot that allows voters to register using SMS text or Facebook Messenger, debuts in the heat of the 2016 Presidential election - just in time for National Voter Registration Day and state-level registration deadlines. HelloVote has the potential to transform voter participation by bringing registration firmly into the digital era.
Census data reveals that as a whole 33% of eligible voters are not registered - and that two of this election cycle’s most valued groups, Latino voters and voters 18-24, are vastly under-registered by about 40%. Nearly 30% of self described liberals are not registered. Only about 50% of voters without a college degree are registered; and the less money you earn the more likely you are rely on your phone for internet access. HelloVote takes the registration process right to the voter – instead of the other way around, and may make millennials, immigrants and communities of color the decisive game changers in this closely contested election up and down the ballot by leveraging up to date technology and social media.
Voters can go to hello.vote, text 384-387 on their mobile device, or (go to m.me/hellovote in Facebook messenger) to prompt the registration process. Text messaging is quickly becoming the country’s preferred way of communicating, with a 98% open rate and an average 90 second response time.
Using HelloVote, the entire registration process takes under one minute – a key factor when nearly 20% of respondents tell Pew that registration takes too much time. The effort is being magnified through a diverse range of national and regional partners including MTV, SEIU CA, Genius, Twilio, HeadCount, General Assembly, Auttomatic (makers of WordPress), Mijente, the Shade Room, Latino Victory Project, TurboVote, Care2, West Elm, the Asian American Resource Center, Korean Resource Center, Presente.org, Daily Kos, the Bus Federation, 18 Million Rising, and New American Leaders Project as well as celebrity supporters. New partnerships will be announced on a rolling basis over the next several weeks.
“A full ninety-six percent of Americans have a mobile phone and now they can use it to register to vote – bringing voter registration to any smartphone or flip phone holder and transforming an archaic process,” said Tiffiniy Cheng, an expert in voter technology who is one of the five co-founders of HelloVote. “This election is probably the most-discussed in our lifetime, and HelloVote aims to turn talkers into voters. The reality is that today we work, play and shop on our phones. HelloVote is a revolution in democracy making and bringing voter registration out of the dark ages and into the current cycle, hopefully making the difference for people who may never have registered but can now by text.”
HelloVote’s technology works in compliance with voter registration regulation in all 50 states. Americans will be able to text-to-register up until their state’s registration deadlines.
“Democracy depends on participation, and technology has the power to significantly reduce barriers that have traditionally stopped people from voting,” said Twilio Vice President of Product Management, Patrick Malatack. “HelloVote is a great example of how communications can make any user experience more efficient. By making it easier for people to sign up from anywhere, on any mobile phone with no Internet required - HelloVote has streamlined the voter registration process. We are excited to see more people getting out and voting in 2016 as a result of this valuable service.”
“Whether it’s social media, video, podca...
I have been saying, for the past several months, that we are in a depression. The Federal Reserve, which is nothing more than a “firewall” for the U.S. Treasury, will NEVER tell us we have ENTERED into a recession or depression. This does not serve their narrative. IF, and it’s a mighty big IF, the…
Those familiar with my writing know I put the word “markets” in quotes because we no longer have a financial system where legitimate price discovery is a regular -- or even recognizable -- feature.
It's destined to fail. What more can be said about such a flawed system?
Well, a lot as it turns out.
And failure to pay attention at this stage of economic and ecological history will prove to be exceptionally painful.
The big problem with central bank policies, besides driving the largest wealth and income gaps in all of recorded history, is that they’ve massively deformed the financial and economic landscape.
Too-cheap money has distorted just about everything, and has badly warped corporate incentives. There’s literally no place one can look and not find an economic or financial distortion. “Gains” (such as they are) have gone to holders of financial assets, and corporations have opted to buy back their own shares and to not re-invest in property, plant, equipment or people.
All of this will work right up until the day it doesn’t. And then we'll experience a financial and economic crisis likely to be the largest we ever live through.
And these distortions are not only everywhere, but they are all at record levels. As in never higher in human history.
Just looking at the corporate data alone ought to scare the pants of off every investor on the planet...
Succinct Summations for the week ending September 23rd 2016: Positives: 1.FOMC announced they would keep rates unchanged. Global equity markets responded positively. 2. Jobless claims fell to 252k, the 4-week moving average fell to 258.5k. 3. Permits for single-family homes rose 3.7%. 4. FHFA house price index rose 0.5% m/o/m, above the 0.4% expected increase. 5.…
The stunning and highly controversial find made by marine treasure hunters using side-scanning sonar to detect shipwrecks in the Baltic Sea has finally been identified as a submerged monumental construction from the Paleolithic era. The giant circular seafloor promontory measuring ~60m in diameter is actually a terraced monument built by the highly advanced Atlantean civilization over 14,000 years ago.
Co-discoverer and Ocean X team leader Dennis Aasberg describes just a few of the geometric features presented by the gargantuan disc-shaped temple rising above the sea floor, likening it to concrete:
It looks like a round object separated from the bottom. It looks… like concrete. When we brush it off its [surface is]black. The object looks the same underneath as on the upper side. Same color too. Just like a plate on the bottom. And it has something that looks like big stairs… perhaps one meter high each step. Its strange… We have not been able to find more holes besides the 2 meter hole with a [recessed]square [formation]around it.
Now is the time to either redouble your prepping efforts or make a serious dedication to getting your preps in order. The U.S. has a military budget that is more than double the rest of the world combined! Who is the real aggressor? Small changes in ones personal economic habits make a huge difference at the…
James has been in this business for 30 years so it's exciting to finally interview him. As the FED kept rates low in this week's meeting, James nailed it by predicting they would do nothing just as they did. James calls the mining sector today a continuation of the long-term bull market and that there's fantastic opportunities now. If Trump is elected especially we're going to have a huge upside; he also talks currency risk under the world's economic problems, so keep your savings in metals.
TOPICS IN THIS INTERVIEW:
01:20 Federal Reserve Meeting & Japan Decisions
03:25 Mining Stock correction & Further Rally
06:20 Mining companies will now be expanding
08:30 Opportunities rising in resource sector
10:10 Gold up if Trump is Elected; BIG changes
13:30 World Currency Crisis: Euro Problems VS US Dollar
17:00 Keep Capital in Metals & Out of Fiat Currencies
18:20 Get more from James West at Midas Letter
TDC Note – That title is from Dr. Paul Craig Roberts calling attention to this story. The title Dr. Roberts choose says all you need to know about police state America. #### This photo from Charlotte tells you all you need to know about policing in America A line of police officers stand in the…
Scientists are baffled and try to solve and understand this new atmospheric enigma.
For the first time, scientists have observed a deviation from the typical alternating pattern of easterly and westerly winds in the equatorial stratosphere.
The weather we experience on Earth typically occurs in the troposphere, the lowest layer of the atmosphere. But the stratosphere, which envelops the planet just above the troposphere, is home to winds of its own. In a new study, Newman et al. report an anomalous interruption in an otherwise reliable stratospheric wind pattern known as the quasi-biennial oscillation.
Each cycle of the quasi-biennial oscillation begins with strong westerly winds that flow through the stratosphere in a belt around the equator. Over the course of about 1 year, these windsgradually weaken and descend in altitude to the lower stratosphere as easterly winds replace them. These easterly winds slowly sink and weaken, too, as westerly winds return. The cycle repeats roughly once every 28 months.
Since 1953, scientists have observed equatorial winds by instruments known as radiosondes, which are carried skyward by weather balloons. The quasi-biennial oscillation was discovered in the early 1960s. Although the timing of each cycle has sometimes varied by a few months, the pattern as a whole has remained uninterrupted—until now.
Using radiosonde data from several equatorial locations around the world, the scientists discovered that the quasi-biennial oscillation began to deviate from its usual pattern in late 2015. At that time, westerly winds were descending in altitude and should have continued to sink and weaken as easterlies replaced them.
Instead, the westerly winds shifted upward and seemed to cut off the descent of high-altitude easterlies before they could begin their usual dominance. Additional easterly winds developed at lower altitudes in the stratosphere, beneath the rising westerlies. However, by June, the westerlies appeared to have resumed their normal descent.
The researchers plan to continue analyzing wind...
I’ve posted a number of articles on the subject of personal security and situational awareness in the past. This one reinforces a message of how simple it is to avoid becoming a target, a victim, while on ‘the streets’. While there are exceptions to every rule, this particular rule (a single word) will likely provide a 99% chance of…
After shooting down several extraterrestrial flying vehicles and acquiring the advanced technology they carried on-board, the government deemed it very profitable to establish communication channels with the foreign entities. After all, amassing alien hi tech would grant the US technological superiority both in military and intelligence circles.
One of the first projects to deal with this situation was Project SIGMA, a joint operation established in 1952 by the NSA/CIA consortium. Ufologists refer to this venture using many monikers, including the TAU IX Treaty for the Preservation of Mankind (as Dr. Dan Burisch calls it), the Greada Treaty or the Edwards Agreement, named after the air force base where the monumental meeting reportedly took place. Its main objective was to pave the way for meaningful and productive communications between humans and aliens.
Using technology we would now call rudimentary, Project Sigma scientists managed to pinpoint the relative location of a suspicious group of asteroids moving in an orderly fashion. Using the telecommunications equipment developed using the technology aboard the downed UFOs, a transmission was sent in their general direction. The reply did not take long and a meeting was scheduled.
However, the message was also intercepted by another extraterrestrial presence that kept a close eye on our planet. A Nordic species known as The Blues contacted the humans and advised them not to enter any arrangements with the force that had moved from the outskirts of the solar system into an equatorial orbit around Earth. They warned us about the other alien species and the fact that they only serve themselves.
The Blues refused to offer us any of their technology. Instead, the Blues offered to support us in our spiritual development but asked something in return: that mankind collectively dismantled their nuclear arsenal. As a young species, they said, we were not qualified to wield such power of our own making and even less capable to act responsibly if given alien military technology. We would only use it to bring destruction upon ourselves. They warned humanity about its path of self destruction and condemned the fact that we were killing each other, polluting the planet and wasting Earth’s natural resources.
The committee met their demands with extreme suspicion and prejudice, believing that nuclear disarming was not in the best interest of the United States and that it would leave the world helpless in the face of an alien threat. Naturally, some power-hungry high-ranking official dismissed their offer and attention was focused on getting that sweet, sweet alien tech.
The diplomatic relations endeavor came to fruition on April 25, 1954, when key figures within the US Government and emissaries of the species we would later call the Tall Greys broke bread for the first time a...
TDC Note – Monday September 26 Willem Middelkoop will visit with The Daily Coin. The goal is to take a deep dive into SDR’s, Federal Reserve Note coming to an end and all the changes that are taking place. This interview will be followed by none other than “V” the Guerrilla Economist on the 28th.…
Former Reagan Budget Director David Stockman joins today’s Liberty Report to talk about his upcoming book, “Trumped: A Nation on the Brink of Ruin…And How to Bring it Back.” What are Stockman’s suggestions on foreign and monetary policy and would they help? Source: What Trump Should Do – With David Stockman
Former Reagan Budget Director David Stockman on Hillary Clinton’s and Donald Trump’s tax plans, the Federal Reserve and the economy. Watch the latest video at <a href=”http://video.foxbusiness.com”>video.foxbusiness.com</a> Source: David Stockman: Economy is on the edge of ruin
David Stockman Interview begins at 9:50 Stocks up on eve of Fed decision Wall Street is a bit on edge as Janet Yellen’s big day is almost here. Will the market get what it wants, or will Fed give us a September surprise? Catch The Final Round at 4 p.m. ET with Jen Rogers and…
By James Holbrooks
Washington, D.C. — On Thursday, the House Oversight and Government Reform Committee voted to hold a former IT staffer for Hillary Clinton in contempt of Congress for failing to appear.
Reports ABC News Radio:
“For the second time in two weeks, Bryan Pagliano, former senior advisor for information resource management at the State Department, failed to show up to a hearing to testify on the preservation of State Department records.
“Pagliano was the IT staffer who set up Clinton’s private email server during her time as secretary of state.”
Last week, Pagliano was one of three IT specialists who refused to testify before the House Oversight Committee regarding deletions of Hillary Clinton emails. Unlike the other two, however, Pagliano refused to show up at all.
And while this is the second time in two weeks Bryan Pagliano has stayed quiet for Hillary Clinton after being summoned before a House committee, it’s the third time he’s done in it in a year. In September of 2015, Pagliano pleaded the Fifth Amendment before the House Select Committee on Benghazi.
The House Oversight Committee’s resolution to hold Pagliano in contempt of Congress, which passed 19-15, will now move on to the House.
This new development on the email scandal front comes at a time when the Clinton camp is fending off a barrage of questions regarding Hillary’s health. Breitbart ran an article just Monday, for example, after talking with Kentucky Senator Rand Paul. The senator, who’s a practicing ophthalmologist, told the outlet:
“I think she has some significant health problems — I don’t know what they are. Her losing consciousness, there, which by all appearances she did lose consciousness, is not something commonly associated with pneumonia.”
The senator is referring to video that surfaced of Hillary Clinton, after leaving a Ground Zero ceremony in New York, collapsing and being rushed into a waiting van on September 11. Clinton was reportedly taken to her daughter Chelsea’s apartment to recover.
Clinton is also continuing to feel the backlash from a comment she made recently in which she referred to lar...
By Adam Taggart In this week’s podcast, Michael Pento, fund manager and author of The Coming Bond Bubble Collapse, explains how the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of this bubble will cause a massive interest rate shock that will send the US…
“Turning and turning in the widening gyre The falcon cannot hear the falconer; Things fall apart; the center cannot hold; Mere anarchy is loosed upon the world, The blood-dimmed tide is loosed, and everywhere The ceremony of innocence is drowned; The best lack all conviction, while the worst Are full of passionate intensity.” While I’m […]
There were two important releases on the US housing market today. One is the widely followed Existing Home Sales report from the NAR and the other is a lesser known but more in depth report from the online real estate brokerage Redfin.com. The Wall Street Journal reported that “Existing-Home Sales Fall for Second Straight Month,” referring to…
UMTRI: About 87 percent of 19-year-olds in 1983 had their licenses, but more than 30 years later, that percentage had dropped to 69 percent. Other teen driving groups have also declined: 18-year-olds fell from 80 percent in 1983 to 60 percent in 2014, 17-year-olds decreased from 69 percent to 45 percent, and 16-year-olds plummeted from 46 percent to 24 percent.
Cars used to represent freedom. Today WiFi does. The decline of young drivers is likely another reason the roads are getting safer.
Hat tip: @counternotions.
Addendum: Steven Kopits argues (youtube) that this has more to do with lack of employment of young people than with a change in culture.
As I noted on Thursday, the Fed non-announcement gave the bulls a reason to charge back into the markets as “accommodative monetary policy” is once again extended through the end...
By Dady Chery
From its inception, and well before it made $10 billion of earthquake aid money disappear, Bill and Hillary Clinton’s Interim Haiti Recovery Commission (IHRC) was a vicious joke on Haitians. The original name, Commission Intérimaire pour la Reconstruction d’Haïti, should have been simply translated as Interim Commission for the Reconstruction of Haiti. After all, it was the commission that was temporary, not Haiti. There was also no need to change the word reconstruction to the vague term recovery, unless one deliberately wanted to suggest the collection of something. As the I-HRC, however, the organization not only acquired Hillary Rodham Clinton’s initials but also boasted that it would scoop up Haiti’s reconstruction funds and turn the world’s first black republic into a temporary construct. If Mrs. Clinton has become a zombie and the “I” in I-HRC has faded, this could easily be interpreted as a sign of the Haitian gods’ wicked sense of humor.
The great writer Toni Morrison once described Bill Clinton as “our first black President,” because of his background as a poor boy in Arkansas from a single-parent home, his fondness for junk food, and the political attacks on his sexuality. If so, then he has graduated to being the first black-American dictator of Haiti. For six years of a full dictatorship of the Clintons and their surrogates, on earthquake anniversaries Haitians at home and in the diaspora have made a ritual of searching through the rubble for the reconstruction funds that were donated by good people from all around the world. “Where did the money go?” everyone asks. The answer is simple: for a while it probably sat in the Swiss and Caribbean offshore banks where dictators stash their loots.
f an article with this title had come out in 2015, it would have been better timing. Silver hit its lows and started to come up this year, which means that if you moved in 2015, then you’re probably having a strong 2016. But is there room yet for silver to flourish, despite the recent…
By Ambrose Evans-Pritchard China’s debts have caught the worried eye of Fitch CREDIT: TELEGRAPH Bad debts in the Chinese banking system are ten times higher than officially admitted, and rescue costs could reach a third of GDP within two years if the authorities let the crisis fester, Fitch Ratings has warned. The agency said the rate of non-performing…
Gold was up 1.5% and silver surged 3.1% yesterday after Janet Yellen again failed to raise rates from record lows at 0.25%. The Fed maintained ultra loose monetary policies which are again creating stock and bond market bubbles in the U.S. and other countries. Fed’s Yellen To Engage In QE Again? Global stocks and commodities…
“We have reached many new consensuses in [the areas of] economics and trade,” said Li at a joint press conference with Canadian PM Justin Trudeau in Ottawa.
Li added that the two sides discussed cooperation in finance, tourism, law enforcement, and the potential for cooperation between their local governments.
Both Li and Trudeau attended the signing ceremony of a series of bilateral cooperation documents in Ottawa, Friday.
The two sides also agreed to work toward terminating a dispute over Canadian canola exports by 2020.
Talk of closer trade ties between the two countries came to the fore following Trudeau’s visit to China to attend the G20 Summit in Hangzhou.
Trudeau said the two sides have agreed to double their bilateral trade volume by 2025, and that the economic relations between the two countries have huge potential to create job opportunities on both sides.
As a result of that visit, Trudeau’s government announced the signing of 56 deals with China worth more than $1.2-billion.
Li will leave Ottawa Sunday for Havana to boost economic cooperation with long-time friend Cuba during his visit there in the latter half of September.
Li’s visit, the first official to Cuba by a Chinese premier since the two countries established diplomatic ties in 1960, will also focus on the signing of a number of trade agreements regarding technology, renewable energy, industry and environmental protection.
The BRICS Post with inputs from Agencies
Just for the sake of argument, let’s ask: what if we’re in a Depression but don’t know it? How could we possibly be in a Depression and not know it, you ask? Well, there are several ways we could be in a Depression and not know it:
1. The official statistics for “growth” (GDP), inflation, unemployment, and household income/ wealth have been engineered to mask the reality
2. The top 5% of households that dominate government, Corporate America, finance, the Deep State and the media have been doing extraordinarily well during the past eight years of stock market bubble (oops, I mean boom) and “recovery,” and so they report that the economy is doing splendidly because they’ve done splendidly.
I have explained exactly how official metrics are engineered to reflect a rosy picture that is far from reality:
What’s the Real Unemployment Rate? That’s the Wrong Question September 14, 2016
Here’s Why Wages Have Stagnated–and Will Continue to Stagnate August 15, 2016
Could Inflation Break the Back of the Status Quo? August 5, 2016
What Happens When Rampant Asset Inflation Ends? August 4, 2016
Revealing the Real Rate of Inflation Would Crash the System August 3, 2016
I also also asked a series of questions that sought experiential evidence rather than easily gamed statistics for the notion that this “recovery” is more like a recession or Depression than an actual expansion:
If Everything Is So Great, How Come I’m Not Doing So Great? September 12, 2016
Rather than accept official assurances that we’re in the eighth year of a “recovery,” let’s look at a few charts and reach our own conclusion. Let’s start with the civilian labor force participation rate–the percentage of the civilian work force that is employed (realizing that many of the jobs are low-paying gigs or part-time work).
Does the participation rate today look anything like the dot-com boom that actually raised almost everyone’s boat at least a bit? Short answer: No., it doesn’t. Today’s labor force participation rate is a complete catastrophe that can only be described by one word: Depression....
The manual, printed in Arabic and called ‘Zad al-Mujahed’ (roughly, ‘Fruits for the work of God’s Warriors’) was published in Istanbul, with its publishers making no attempt to even try to hide the book’s origins. It features the logo of the Istanbul-based Guraba publishing company, contact information, and even an ISBN, inside its front cover.
Speaking to Sputnik Arabic, the Syrian Army soldier who discovered the book said that it was filled with hatred and calls to war against people who don’t share jihadists’ faith, as well as instructions on what must be done with “enemies and their property.”
“The book describes how to properly burn cities captured by jihadi fighters, how to cut down all the trees, destroy all life, how to execute prisoners in the correct manner,” the soldier explained.
“The book says that jihadis have a right to marry their captives; the book even mentions the aspect of the possible use of nuclear weapons,” he added.
The book is banned in Syria for its radical content, and repeated calls to violence and terror. For this reason, Sputnik Arabic decided not to quote it directly. Still, it published photos, republished here, showing the cover and details on the book’s publisher. It remains unclear how many copies of this book were found.
Syrian authorities are extremely sensitive about published materials which could be seen to inspire sectarian conflict. Before it was engulfed in war in 2011, Syria was known as a secular, multicultural and multiethnic nation with a large number of religious minorities. Since then, many of these minorities have been threat...
Your daily update regarding space weather and how it impacts our planet. Solar flares, sun spots, gamma burst and solar radiation wreak havoc on our planet everyday. Most days it’s not a big deal, unless you think earthquakes, tidal flooding and tsunami’s are not a big deal. Oh yeah, let’s not forget volcanos erupting. All…
The 3.5 million people of Puerto Rico are entering their second day with no power after a substation fire knocked out service to the entire island. The power outage has left schools scrambling to cancel classes and public hospitals forced to cancel surgeries. Perhaps even worse, the outage caused numerous fires across the island as a result…
There is no simple, painless solution. The world has to reduce debt, shrink the financial part of the economy, and change the destructive incentive structures in finance. Individuals in developed countries have to save more and spend less. Companies have to go back to real engineering. Governments have to balance their books better. Banking must become a mechanism for matching savers and borrowers, financing real things. Banks cannot be larger than nations, countries in themselves. Countries cannot rely on debt and speculation for prosperity. The world must live within its means.
~ Satyajit Das, Extreme Money: Masters of the Universe and the Cult of Risk
There is now almost $16 trillion worth of sovereign debt trading with a negative yield. Last week the credit bubble entered new territory with two euro zone issuers of corporate debt, Germany’s Henkel and France’s Sanofi, becoming the first private firms to sell negative-yielding non-financial corporate bonds in euros. This may, just may, happen to mark the top of the great bond bull run that started as far back as the early 1980s. By Friday of last week, the implications of an ugly slide across bond and stock markets may have led some fund managers and traders to soil themselves, or suffer heart problems, or both. By a happy coincidence, however, Henkel makes Persil laundry detergent, and Sanofi makes treatments for cardiovascular disease. So any affected “investors” dumb enough to have bought those guaranteed loss-makers and then suffered immediate regret don’t have to look too far for a remedy.
The Harvard Management Co., which oversees Harvard University’s endowment and other investments, just released its 2016 annual report. Its grim reading: the fund had a negative return of 2 percent and was worth about $2 billion less than a year earlier, underperforming its benchmarks by a pretty significant margin. At $35.7 billion, the university’s endowment…
By Daisy Luther
It’s really quite embarrassing on a global scale when members of our own government seem to be deliberately trying to pick fights with people who aren’t interested in fighting with us. If you’ve traveled outside of the United States much, you probably know that we Americans have a rather negative reputation off of our own shores. Now, generally speaking, that isn’t our fault as individuals. You and I don’t create headlines that make waves throughout Europe and Asia.
While average Americans aren’t directly responsible for this, our federal officials are. I’ve written recently about President Obama doing things in Syria that are worsening the conflict there. I’ve also written about the fact that he and Russian President Vladimir Putin are starting to butt heads. And finally, I’ve warned time and time again that war is upon us – and everyone knows but the US.
Michael Morell is the director of the CIA. Here’s a little blurb from Wikipedia about him.
Michael Joseph Morell (born September 4, 1958) is an American intelligence analyst. He served as the deputy director of the Central Intelligence Agency as well as its acting director twice, first in 2011 and then from 2012 to 2013. Since November 2013, he has been a Senior Counselor to Beacon Global Strategies LLC. He is a proponent of the CIA’s use of enhanced interrogation techniques which many consider to be torture, and is also a proponent of the CIA’s targeted killings by drones.
Wow, and just think. He’s a guy that has almost unfettered power to call a hit on anyone in the world.
This video shows us how the global situation is being manipulated towards war by our own Central Intelligence Agency. Watch as Michael Morell boasts about how the CIA operates – and then watch as his boasting comes to life.
This is the creepy, sadistic little puppetmaster that is going to deliberately get our sons and daughters sent off to fight the next war “for our freedom.” This is just more proof that nothing we see on the mainstream news is as it seems and that the federal alphabet agencies are never what they present themselves to be....
by Kelly-Ann Kearsey This week, clients have been net buying gold, silver, and platinum, speculating the market by taking advantage of the lower prices during the Fed Meeting on Tuesday and Wednesday. Goldmoney Wealth’s clients have favoured the Swiss and Singapore vaults followed by the London vault this week, with less preference being shown for…
Unanswered Questions about Wells FargoSeptember 21, 2016 Wells Fargo has admitted to creating 1.5 million unauthorized retail bank accounts and 565,000 unauthorized credit applications. Speaking as the former Assistant Secretary of Housing – FHA Commissioner, my questions are: How many credit cards were issued to the phony account holders? How many auto loans were originated... Read more »
Jim/Bill, I’m not going to burden you, or myself, with fact checks as we all read the same daily missives from the Mainstream Media. I’ve decided to alter, hard as it may be, my habitual focus on minute by minute attention to breaking news items and price changes regarding the domestic and global economies. My... Read more »
By Preston James
On September 17, 2016, so-called “Coalition Forces” led by the US bombed the Syrian Army in Deir Ezzor, Syria, mass-murdering 62 regular Syrian Army and wounding 100 others, according to a credible news report.
It is unclear if there were any Russian Federation Special forces advisors murdered by this attack, which was illegal under international law and constitutes not only an act of war against Syria, but a clear cut war crime.
If Russian Federation Special Forces advisors were murdered, this then constitutes an act of war against the Russian Federation.
This appears to anyone who examines the evidence as an attempt to assist ISIS, which is exactly what happened.
Obviously the US Military has no legal or Constitutional right to be fighting in Syria, assisting ISIS or even in the Mideast at all. This itself is a major war crime.
And it seems pretty clear that this attack on Syrian Army was an attempt by Washington DC to assist ISIS in their battle with the Syrian Army.
It about time everyone understand that ISIS is the abbreviation for Israeli Intelligence Secret Service. And since Israel has infiltrated and hijacked the USG, the Administration and the Pentagon, it should be very clear to all that the US Military has helped to create, finance, supply and (along with Israel) train ISIS.
It is well known to Intel insiders that the US military has been secretly supplying ISIS while claiming to be fighting it.
How’s that for complete duplicity and a total violation of the US Constitution and all international and US Federal Law?
Organized crime. This phrase is now a precise synonym for big-banking in the United States. These Big Banks commit big crimes; they commit small crimes. They cheat their own clients; they swindle outsiders. They break virtually every financial law on the books. What do all these crimes have in common? The Big Banks commit all […]
Turmeric is known for its iconic yellow-orange hue and for being a staple in South Asian cuisine. It has become increasingly popular for its medicinal uses and health benefits, and is widely considered to be a “superfood.” While there are many skeptics, turmeric has been subjected to hundreds of studies and scientific experiments. Curcumin, one…
By Dr. Michael Salla
The RAND Corporation traces its origins to a research and development project created inside the Douglas Aircraft Company to study UFOs secretly retrieved by the U.S. military after the February 1942 Los Angeles Air Raid incident, according to former Douglas Aircraft employee, William Tompkins. Tompkins further reveals that in 1943 he began delivering briefing documents from a covert Navy espionage program, which had learned about antigravity craft created by Nazi Germany, to the Douglas research and development project that later evolved into the RAND Corporation.
The Nazi antigravity craft were similar in design to retrieved UFOs suggesting an alliance had been reached between the Nazis and one or more extraterrestrial civilizations. Further compounding the problem, according to Tompkins, was that the Navy spies had learned that the Nazis had relocated significant resources to remote locations in Antarctica during World War II, with the assistance of an extraterrestrial civilization called the Draconians.
The secret history of RAND was first revealed by Tompkins in his book, Selected By Extraterrestrials and in subsequent interviews where he discussed his 12 years working at Douglas Aircraft from late 1950 to May 1963. In a September 19 telephone interview, Tompkins gave more details about RAND and its earlier involvement with Douglas Aircraft in studying UFO reports and the Nazis antigravity projects.
Tompkins revealed that in early 1942, after the Los Angeles UFO incident, the President of Douglas Aircraft Company, Donald Douglas, Snr, along with his chief engineer, Arthur Raymond, and his assistant, Franklin Bolbohm, convened an informal working group that included two Navy admirals and two Army Air Force Generals to investigate the research implications of two retrieved UFO craft.
Who Do You Believe?
Do you believe the White House Liar-in-Chief?
Do you believe the New York Times (rhymes with crimes)?
Do you believe the propagandists who pretend to be “the Western media”?
Or do you believe Assad of Syria?
Join us as we host a very special guest, Mr. John B Wells who you will know from The Caravan To Midnight Youtube Channel, The Ark Midnight Show, and his powerful 2 year stand at the helm of Coast to Coast AM on Saturday Nights. Tonight we will be discussing The State Of The World…
Sociopaths or psychopaths are individuals who lack empathy and engage in predatory behavior without remorse or guilt.
In general, this lack of conscience may stem from a conditioned lack of emotional identification with the victim, a narcissistic love of self that overrides any concern for others, or the mechanical inability to feel any emotion other than ones which are chemical or hormonal in origin.
There are different categories of psychopaths depending on the underlying cause for their condition and how well they blend into society.
Criminal psychopaths are those who are crude enough in their manipulations to be identified and apprehended by legal and medical institutions.
They are known as serial killers, con-artists, burglars, mobsters, mad tyrants, rapists, and delinquents. These comprise a small percentage of psychopaths, and only about 1% of the population.
The rest are successful psychopaths who evade detection by optimally conforming to social ideals without compromising their manipulative nature. They are skilled at faking emotions and passing themselves off as charming, caring, and sociable people. Some use their conformity to appear ordinary, others are more ambitious and become symbols of success by using their charm and intellect to rapidly climb the corporate, political, academic, religious, military, or social ladder.
Between 20% and 50% of the population is included in this category. In general, criminal psychopaths consistently violate laws and social norms while successful psychopaths make use of them.
The orthodox medical establishment presently recognizes only the first category under the term “Antisocial Personality Disorder.”
There is no diagnostic term categorizing successful psychopaths, who continue to remain medically unidentified. This is no surprise considering a significant portion of the medical establishment consists of these individuals.
When mainstream media and medical literature use the term “psychopath” or “sociopath,” they are referring to the small minority of criminal psychopaths.
In this article, the term encompasses multiple subcategories and applies to all individuals who lack empathy, whether they are criminals or not.
To understand psychopathy, one must first understand human behavior.
The enigma of human behavior is commonly reduced to a question of nature versus nurture, genetics versus environment.
Typical of materialistic determinism, this model is dangerously simplistic because it focuses only upon the physical and causal basis of human behavior, leaving out the metaphysical factors which are equally as important.
An expanded model for human behavior would include the following factors:
environment – physical influences, socia...
GOLD ADVANCES BEFORE AND AFTER ANNOUNCEMENT The U.S. Federal Reserve Policy Committee tried, but once again failed to act on its December 2015 forecast of four interest rate increases this year. Committee Chair Janet Yellen stated that the Fed remains data dependent “and the recent data just does not support a move higher.” Furthermore, “I’m…
GDP estimates for third and fourth quarter are now in a free-fall. Last Friday the FRBNY Nowcast was in a …
Here is one bit from a very good column:
She’s always been the duller, unfashionable foil.
Her donor base and fund-raising style is out of another era. Obama and Sanders tapped into the energized populist base, but Clinton has Barbra Streisand, Cher and a cast of Wall Street plutocrats. Her campaign proposals sidestep the cutting issues that have driven Trump, Sanders, Brexit and the other key movements of modern politics. Her ideas for reducing poverty are fine, but they are circa Ed Muskie: more public works jobs, housing tax credits, more money for Head Start.
The post David Brooks on why Hillary Clinton isn’t winning by more appeared first on Marginal REVOLUTION.
By Lambert Strether of Corrente. Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning. –Winston Churchill The old reprobate got that one right, didn’t he? This post will be absurdly short (for Naked Capitalism) and absurdly sweet (for Naked Capitalism). […]
By Jonathan Carty
So I will be sharing updates that we went over at last Sunday’s meeting. It went very well and I am always very happy to see new faces who wish to connect with others of the same interests and ideas. We are definitely in a minority. However, this is rapidly changing as our solar system moves into an area of the galaxy that is full of highly charged particles/energy. This has been scientifically verified and the effects can be seen even now as we are told those who are service to others and becoming more so and service to self beings are also becoming more so. There will be changes in people’s behavior, for better or worse. This energy is gradually removing the veil that has been pulled over our eyes and everyone is awakening from a deep sleep and realizing we have been under the control of a very nefarious group of beings who are using humanity’s fear, hatred, anxiety and misery as a source of energy.
This is an unprecedented time as we have never before had access to so much information all at once in the billions of years this planet has been around. With the help of the internet, there are no secrets. Classified documents are being leaked. E-mails are being hacked and the information being dumped for everyone to see. There is little this Cabal can do to prevent a full awakening of the public.
By the way, it’s okay to feel like you don’t know what you’re doing. What’s happening here on this planet has never been done before in the history of the Universe. We are literally winging it and making it up as we go. We are the pioneers of this whole thing. We have guides, but ultimately, they don’t even know how this whole thing will unfold. It will be positive, this is certain. But how it will play out it up to us and our free will. We are creating this new reality minute by minute, hour by hour, day by day. I just wanted to get that out as I need to tell this to myself quite often as I will frequently feel like i’m not doing something right or not doing...
This week, multiple Baltimore City Police officers brutalized a young girl after she was hit by a car because she refused to allow them to take her to a hospital. According to witnesses, the girl was on a bicycle when she was hit by a car. An ambulance did not arrive on the scene, but police did,…
Al-Luaibi also acknowledged that low oil prices have hurt oil producers and said that Iraq was in favor of measures to boost prices.
“Iraq’s oil policy aims at cooperating with the producers inside and outside OPEC to achieve the needed balance in supply and demand and the stability in the market,” he said in a statement released to the media.
Global energy markets are looking to an informal meeting of oil producers in Algiers next week for signs of a production quota. Previous attempts by OPEC and non-OPEC countries to reach a deal have failed.
Algeria’s state news agency cited government sources who said that if they manage to reach a consensus at next week’s meeting, they may call an extraordinary session to discuss oil prices.
Algerian Energy Minister Noureddine Bouterfa expressed optimism in an interview with Reuters Tuesday that some kind of deal could be worked out next week.
Earlier this month, Russian President Vladimir Putin said it was time for major oil producers – such as Russia and OPEC – to agree to an output cap.
Last week, Venezuelan President Nicolas Maduro said that OPEC and non-OPEC countries had almost reached a deal to stabilize oil markets and prices, adding that he expected the deal to be announced before the end of the month.
Venezuela, like Iraq, bases 95 per cent of its revenues on oil exports. The current oil glut has severely damaged Venezuela’s economy leading to food and medicine shortages.
The BRICS Post with inputs from Agencies
Editor Note: There is much going on behind the scenes that we are not privy to at the moment and there are many rumors flying around right now. As always use your own discernment on all information. Posted for people’s awareness and preparedness.
This is the culmination of so many things I’ve written about in the past. I finally have a date to pass on, Friday, Sept. 30, 2016, (more specifically, perhaps late in the afternoon of the 30th for the IMF announcement.) (Before today, I thought it would be after Hillary was by voter-fraud & rigged voting made president.) I suggest you sit down while you read this. Insiders, who care more about their fellow humans, than the corrupt system they are part of, have whispered warnings about this. A few alert financial analysts like James Rickards have picked up on the Sept. 30th date & are warning people. Let me slow down and walk us through this financial watershed event. This kind of sudden destruction matches the prophecy of REV 18:8,10 (& PRV 6:15, ISA 30:13 & 1 THS 5:3).
THE DOLLAR’S STATUS AS THE WORLD’S RESERVE CURRENCY, what some call the petrodollar. Because large deals between nations are done in dollars, it can be said that 85% of global transactions are done in U.S. dollars. I have explained many times that our dollar’s VIP status globally has allowed the U.S. to create as many dollars out of thin air that it wants without destroying the dollar’s value–inflating the supply of money is simply a global tax on everyone who holds dollars, and more dollars are held by foreigners overseas than by Americans. In other words, we have been getting a free ride. I have repeatedly discussed the moves behind the scenes to dethrone the dollar. Russia & China has been working behind the scenes to get the entire world to desert us. They have also been buying up high levels of gold. Now that moment that we have wondered about is actually upon us…the date is Sept. 30, 2016, when the IMF has plans to announce a “world money”. The IMF has been issuing low key statements about this new world currency. Additionally, hidden on it’s site is a 42-page blueprint entitled “Enhancing International Financial Security” which spells out in obtuse difficult to understand jargon that they are going to announce this new “world money”. This is the “global reset” that Christine LaGarde (hd. of the IMF & Illum.) has been talking about. When our dollar crashes, the IMF will run our economy like they have been doing to other 3rd world nations in debt. The Illuminati will directly run the show (all of America’s finances) through the IMF. Foreign central banks are preparing to ship their useless dollars back to the USA.
Friday the 30th will come & go like all days for you. It will be like when the 9.0 Indonesia earthquake happened. The resulting tsunami took time b...
Confirming what many had suspected when viewing the sudden and intense collapse into anrchy that occurred in Charlotte this week, Todd Walther, spokesman for the Charlotte-Mecklenburg Fraternal Order of Police told CNN’s Erin Burnett: “This is not Charlotte that’s out here. These are outside entities that are coming in and causing these problems. These are…
Editor Note: There is much going on behind the scenes that we are not privy to at the moment and there are many rumors flying around right now. As always use your own discernment on all information. Posted for people’s awareness and preparedness.
Received via email for publication…
Good afternoon currency community,
Ok, here’s what we know after last nights intel drop…
The final military special forces ops and ghost tactical sweeps have begun, we are hearing the mission is casually being called “Operation Catch & Release ” for obvious reasons. This sweep includes corporate bad actors of the cabal as well as military and government high profile targets, basically, anyone on the “super naughty list” is now being permanently terminated–no questions asked, no arrests, no courts, no stinking badges.
Sadly, this is the ultra aggressive military action many have been asking for. It’s cold blooded and comes without warning. It also was astrologically and strategically begun after Mercury Retrograde went direct in Asia, as this is what the Chinese believed was the optimum day and time to start the final phase of execution. Know they are very precise with everything they do and say. So as arrogant and entitled Westerners, it’s wise we listen to what the Chinese have to say now… as they’re running the world’s finances just as Russia is now the new international super cop on the military scene. Ears open, mouths shut ’cause there are a few new sheriffs in town.
The month of September was always the month for final implementation of all aspects of the GCR, with the RV and Paris Agreement being key components. As of October 1, 2016, marks the international legal and fiscal start of the new CIPS/Promise/Quantum Satellite delivery platform. All monies have long been settled in necessary domiciles and accounts and sit waiting for mass release. Smaller releases have already occurred, and continue to occur, with the larger release still awaiting “go authorization” from the military generals now in charge.
So whatever hot spots militarily remain, or political, like here in the USA, consider all now being satisfactorily resolved before the month’s end. Know too that all solutions to existing problems have long been in place and just waiting on execution orders once the adversary has bled-out, and surrenders. There is no struggle on the part of the new global authority to impose their will on the cabal. Their higher mind strategists have mathematically eliminated the cabal going back centuries… yes… centuries ago this process started to arrive at this historic moment of transition and release.
As an example, we hear now that Russia has yet to submit its Paris Agreement ratification at the UN General Assembly–which runs until Monday 9.26.16. This was highly unexpected Wednesday morning when 60 total nations had submitted their ratification, but only 48% carbon emissions were accounted for. Russia’s 7.35% carbon emissions rating being ratified immediately puts the Paris Agreement agreement into force with 55%+ (i.e. in compliance.). We also now understand Russia’s ratification not on...
There is no doubt in my mind that the Fed has been molded into a tool. Not by or for politicians, or banks, but Wall Street. It naively took it upon itself to take on a new job unrelated to monetary policy, ventured into the business of manipulating stock values, was captured, and was monetized.…
Alan Greenspan is confused – again. The man who admitted to the world a decade ago he didn’t know much if anything about interest rates is now trying to change that reputation by suggesting yet again interest rates are set to rise. In testimony before Congress in February 2005, the then-Chairman of the Federal Reserve...
Eric Sprott and Craig Hemke discuss the FOMC non-meeting which has driven gold, silver and the mining shares higher this week. Bank of Japan is going to try to change the yield curve. Remember, Japan’s sovereign bonds are issuing negative interest rate policy (NIRP). “unintended consequences are killing us…” savings are being crushed by NIRP.…
One World of Nations
Chessboard Earth Series
23 September 2016
Trump, if choosing NOT to follow his own Jesuit College upbringing, may be able to do more to help his nation, and the world, untangle the Cabal chains of corruption choking America and world democracy. Trump has indicated he wishes to reach out to Russia and China, and to end the Cabal’s military waste worldwide and to focus on America, getting his nation back to work and safety. Sometimes, Cometh the hour, Cometh the man. Frankly, after Obama and faced only with Clinton, could Trump be any worse? Clinton is totally unfit for office. It’s open season in a world of failing reason and the Treacherous Bushes reneged on The Constitution to rob the nation blind. Expect any chicanery unless stopped. We hope the true people’s votes are heard, and if Soros tampers with the counting machines he’s indicted.
We seek only True and Free Democracy for our Ally Americans! Our issues are not with Americans but the criminal Cabal and to stop the mass enslavement of nations by this devious and Soul Defiling Cult which contaminates nations across the earth, and whose mendacity knows no bounds. Beware false Prophets as Luciferian usurpers of faith.
Brzezinski is now in confused free-fall, from decades of his planning for repressive and murderous hegemony for the US to dominate humanity. He now sits, confused, neutered, as the free thinking nations have turned away from his Grandiose Cabal Plan Policies, and the might of the Tri Laterals is crumbling as old men vacate power, technology overtakes them all, and a live, robust internet calls them all to account, challenging their autocratic presumptions, belittling their status, and tearing apart the EU Continental Enslavement of nations behind their Jesuit NWO scheme of an EU and US Global Fiefdom ruled by Rome. Their Fourth Reich mind sets are facing a fast emerging Eurasia denying them and all they presume to control. See how China deals with Tibet and Religions. This in no way demeans Tibet, but shows how the Jesuits will be dealt with in Eurasia, as Eurasian powers will crush the Vatican usurpers of Souls.
We are now seeing first hand with the unplanned emergence of a vast Eurasian Mogul power, a tectonic shift in world affairs and controls. One America can no longer control, but seek only a participatory role, if even allowed that by an alienated Global power base with its own political agendas.
In the wake of the “accidental”(?) US bombing of Syrian military forces, Russia is asking touch questions, the USA is dodging answering, and the Russian military has just issued new rules of engagement for Syria, as the US Army fails to place in panzer… er, tank competitions in Germany: YT Comment Mark Wanko Love to…
This month the bright fellows at Harvard Business School came out with a new report. A lot of work went into its preparation. In fact, the report contains the culmination of five years of in-depth analysis of U.S. competitiveness and … Continue reading →
4. China and Japan, “In fact, when staying in Japanese hotels, I turn on all the faucets as a way to relieve my anger! But it is of no use! We must do better in all ways! Let’s go!” Most polled Chinese disapprove, although eight percent expressed a desire to do the exact same thing.
The past three Thursdays, I found myself in the midst of several different landscapes, all working towards real, transformational change. With hands open to the possibility of community wealth and land, I learned about the work of the Black Belt Justice Center. With hands in the soil with a community that creates healthy relationships with ecosystems, I visited the Black Dirt Farm Collective. With hands sore from tweeting about policies for freedom, I attended a racial justice forum led by the Movement for Black Lives.
These are snapshots of the struggles and successes for a so-called new economy – the fight for a people- and planet-first world that is more equitable, sustainable and democratic. And this shift is being pioneered by the black community. In other words, the Movement for Black Lives is the new economy movement and has been for decades.
Go to the GEO front page
As the situation in Charlotte continues to escalate, one fact is certain: Wherever there is a high population area, you’re going to have a high chance of people not getting along. In this case, there have been dozens of arrests, accompanied by a taxpayer-paid visit from the National Guard. Protesters even tried to throw a…
In Valais in the Swiss Alps, an elaborate system of irrigation canals has existed for half a millennium. In the high-altitude Sacred Valley of the Incas, in Peru, the Quechua people have cultivated the richest diversity of potatoes anywhere on the planet since time immemorial. Since the time of Stephen the Great in the late 1400s, people in the Eastern Carpathians have managed their forests jointly through community-based institutions known as obștea, a tradition that has even survived fifty years of state dictatorship in the twentieth century. These examples demonstrate that commons are nothing if not enduring. Yet at the same time, they are highly vulnerable because nation-states claiming absolute territorial sovereignty, tend to see commons – with their focus on collective governance, use-value over exchange value, and indifference to political jurisdictions (e.g., bioregions, Internet communities) – as perplexing or threatening. For their part, global corporations commanding vast resources and legal privileges often seek to destroy commons because they are seen as an alternative regime for meeting needs and thus a threat to the hegemony of the market system.
Go to the GEO front page
While one of America’s largest cities is being ripped in two, most Americans appear to be far more interested in the drama surrounding Brad Pitt and Angelina Jolie’s divorce. As Charlotte braces for a third night of rioting and violence, the mainstream media is full of headlines such as “Welp, the Jolie-Pitt Divorce Got Real…
Clashes between protesters and the police continued in the centre of Charlotte, North Carolina, on Thursday, following the fatal police shooting of an African-American man named Keith Scott. National Guard were deployed after governor declared state of emergency. YT Comment Rabi Ben Lav Black Lives Matter is just more US narcissism and exceptionalism. A subset…
The ceasefire is basically over in the Syrian War after less than a week. The U.S. reportedly bombed a known Syrian military position five days into the cease fire and killed at least 83 Syrian soldiers and wounded more than 100. The U.S. says it was just a “mistake,” but Russia says this “mistake” came…
In a difficult market, mergers – by enabling banks to cut costs, share information-technology platforms, and increase market power, thereby relieving pressure on margins and rebuilding capital – make sense. And a difficult market is precisely what Europe's banks face today.
By Bloomberg News After installing more wind and solar farms than anywhere else on the planet, China is ratcheting back the pace of growth in an industry that’s helped lower the costs of green energy worldwide. Installations of new wind and solar farms in China is expected to drop 11 percent in 2017 from a…
By Bill Bonner OUZILLY, France – First, some travel advice… A niece was visiting from North Carolina. She left this morning for Paris. We warned her, “Paris is the biggest tourist draw in the world. Naturally, it also has a thriving industry that preys on tourists. “People will come up to you and say: ‘Do you…
From CNBC International: Central bankers trying to spur growth are like alchemists trying to make gold and they’re just as likely to fail, said Marc Faber, the publisher of the Gloom, Boom & Doom report. “When I think of central banks, I think of alchemists,” Faber, also known as Dr. Doom for his pessimistic views, told…
It may seem ironic that tobacco industry giant RJ Reynolds is leveraging its might against anything to do with nicotine and tobacco, but that is exactly the case. One of the biggest tobacco companies in the world has lobbied hard with the US Food and Drug Administration to make ‘open-system’ nicotine vaporizers illegal, according to …
From the BHC Exchange Blog:
In 2015, the Business History Conference appointed Michael Aldous (Queen’s University, Belfast) to serve as the inaugural Teaching and Research Resources Web Editor. He has now written an introductory essay to launch a new section of the Teaching and Resources portion of the BHC website, one that will “promote the excellent teaching resources, whilst providing context, particularly for those not immersed in Business History, and offering insights and inspiration regarding their use.” In his essay, “Rethinking Business History in the Classroom,” Aldous writes, “I would like to invite members of the BHC community to contribute short pieces that discuss the many and varied ways in which business history [is] being used across disciplines in classrooms, and through these entries foster a wider discussion on these opportunities.”
Read more here.
By Claire Bernish FBI agents conducting undercover investigations have now been given the green light to impersonate journalists, the Justice Department determined last week — effectively legalizing the government’s most notorious propaganda program, Operation Mockingbird. Last Thursday, the Department of Justice Office of Inspector General published what’s become the subject of outrage for journalists, civil and…
YT Comment Cheyenne Sellers The American people know that to do ANYTHING openly against the foreign owned and operated “federal” government, they will be rounded up, taken from their families, imprisoned, tortured, and possibly even killed as a result. Just ask Edward Snowden. Just ask Chelsea Manning. Just ask Julian Assange. We are NOT dumb…
Having been invited on to CNBC to discuss his views of the market, famous short-seller Bill Fleckenstein explained rather eloquently that QE4 is coming and people will wake up to the fact that central bankers “are the arsonists that create the fire, not the firemen that put it out.” This non-mainstream view was treated with disdain by…
My end of week, gluten-free morning train reads: • The Professor Who Was Right About Index Funds All Along (BloombergBusinessweek) • How does a mall cope when a big tenant like Macy’s closes? (LA Times) • America’s rivers and streams are overflowing with microplastic pollution (Quartz) • Written in the Stars: People Are Freaking Out About NASA “Changing” Their…
By Genna Reed
It might not shock you to know that the sugar industry doesn’t have our best interests in mind. But would you be alarmed to find out that they consciously manipulated science in order to increase sugar consumption? And that they did so in the face of scientific evidence that sugar consumption was associated with chronic disease?
Next year will mark 50 years since the sugar industry initiated and funded a literature review absolving sugar of its association with chronic heart disease, without disclosing the industry’s role in the study.
What we now know as the Sugar Association began as the Sugar Research Foundation (SRF) in 1943. Researchers Cristin Kearns, Laura Schmidt and Stanton Glantz of the University of California at San Francisco (UCSF) combed through hundreds of SRF documents and found evidence that the sugar industry had manipulated the science to exonerate sugar as a dominant cause of heart disease—an action that shifted the direction of scientific research for decades.
One particularly jarring quote they found was from the president Henry Hass’s 1954 speech to the American Society of Sugar Beet Technologists in which he said, “if the carbohydrate industries were to recapture this 20 percent of the calories in the US diet (the difference between the 40 percent which fat has and the 20 percent which it ought to have) and if sugar maintained its present share of the carbohydrate market, this change would mean an increase in the per capita consumption of sugar more than a third with a tremendous improvement in general health.”
The sugar industry was interested in increasing sugar consumption by funding science that would urge Americans to decrease calories from saturated fats and hopefully replace them with sugar.
The UCSF analysis reveals that SRF employed the following tactics the Union of Concerned Scientists previously identified in Added Sugar, Subtracted Science in order to undermine public health policy on sugar. Our work shows that SRF’s successor the Sugar Association and its counterpart in the corn syrup industry, the Corn Refiners Association, took pointers from SRF:
Just as the Corn Refiners Association planned to “...
Make no mistake, the criminality and fraud of most, if not all, DC politicians that is being exposed now is also occurring in corporate America and at pension funds, especially with regard to fraudulent financial reporting. As an example, Exxon is now being investigated by the SEC over its asset valuation and accounting practices.…
Savings Guarantee? U.N. Warns Next Financial Crisis Seems Imminent
“There remains a risk of deflationary spirals in which capital flight, currency devaluations and collapsing asset prices would stymie growth and shrink government revenues. As capital begins to flow out, there is now a real danger of entering a third phase of the financial crisis …”
UN Conference on Trade and Development’s Annual Report (UNCTAD), September 22, 2016
This hard hitting critique in the UN Conference on Trade and Development’s Annual Report, released this week, is suggesting that the ‘third leg of the world’s intractable depression is yet to come.’
“Alarm bells have been ringing over the explosion of corporate debt levels in emerging economies, which now exceed $25 trillion. Damaging deflationary spirals cannot be ruled out,” said the annual report of the UN Conference on Trade and Development (UNCTAD).
But what does these grand, scary predictions really mean for us? Bankruptcy? Economic collapse? Apocalypse now? End of the world as we know it? Read full story…
NEVER Call The Police—They Will Kill You
Inflation is alive and well – despite what we hear from the mainstream. Due to pluralistic ignorance, it persists much longer than anyone would have ever predicted. From Wikipedia: Pluralistic ignorance “In social psychology, pluralistic ignorance is a situation in which a majority of group members privately reject a norm, but incorrectly assume that most others…
The Federal Reserve is stalling… Eight years ago, the Fed dropped its key interest rate to near zero. It did this to encourage people to borrow and spend more money. It kept its key rate near zero for seven years. Then, in December, the Fed lifted its key rate for the first time in almost…
Their arrival comes amid a pan-Arab effort to strengthen the government’s hold on provinces in the south of the country.
Government forces recaptured the city of Aden in August 2015; some government officials soon returned there to administer rebuilding the war-battered country.
Earlier, President Abdu Rabu Mansour Hadi fired the board of the Yemeni central bank and ordered the institution moved to Aden.
The capital of Yemen has been relocated to Aden as Houthi rebels continue to hold Sanaa as their main base of operations.
Pan-Arab efforts to dislodge them have so far failed.
In January 2015, the Houthis – who are Shia – seized the presidential palace in the capital Sanaa and forced then leader Abdu Rabu Mansour Hadi to resign. They have since sought to consolidate their hold on the country.
Hadi, who was placed under house arrest, eventually escaped and fled to Aden, the former capital of South Yemen.
He then declared Aden the new temporary capital of the entire country, but the Houthis pursued him there and captured that city as well.
The fall of Aden prompted the Saudis and some of their allies to mount military operations against the Houthis, who they accuse of acting as Iranian proxies.
The fight between the Houthis and the government, which was formed in November 2014, has created a security and political vacuum that has been used by Al-Qaeda in the Arabian Peninsula, as well as the more militant Islamic State (ISIL), to grow their strength and influence.
Meanwhile, at least 30 people were killed in the province of Hodeidah, which borders Sanaa, after a fresh round of Saudi-led air raid on Wednesday night.
Hodeidah has been hard-hit by the war, with its villages bearing the devastating brunt of the 19-month conflict – a testament to how much Yemenis have suffered during this period.
As the airstrikes continue, people face shortages of basic foods and medical supplies pointing towards what many fear could become a famine, perhaps the Middle East’s worst humanitarian disaster.
UN statistics show that almost 370,000 children in Yemen suffer from malnutrition due to starvation. At least 7,000 people have been killed in the conflict.
The BBC reports that since the war began around 19 months ago, 600 hospitals have shut down throughout the country.
Read more: Kerry pushes for Yemen unity government
The BRICS Post with inputs from Agencies
Imagine the poor economist without a sense of humor. How he must suffer! This week was to be dominated by central banks. Two big ones – the Bank of Japan (BoJ) and the Fed – were to make important policy announcements. The speculators placed their bets, front-running the news, and sat on the edge of…
Another night of riots hit Charlotte NC, governor declares state of emergency. Puerto Rico is totally blacked out for the second night in a row. The US is preparing for the collapse of NK, but worried about the nukes. The South Eastern people in Ukraine are continually shelled by Kiev. US votes to supply Ukraine…
From Mercedes-Benz: Study of an ultra-stylish luxury-class coupé: the Vision Mercedes-Maybach 6. The 2+2 seater is a homage to the glorious age of the aero coupés and consciously carries this tradition forward into the future. The coupé reinterprets classic, emotional design principles in an extreme way, following the Mercedes-Benz design philosophy of sensual purity. Source:…
SRI is open-source. It does not belong to anyone, but is shared as a commons. Nobody “owns” either SRI theory or practice.
But the Fed is steadfastly blind to bubbles & their consequences. The Organization for Economic Co-operation and Development threw the Fed and the Bank of Japan – even as they had their meetings today – a curve ball. We in the US woke up to a new central-bank term: “yield curve control.” This is what the…
Our Transition Initiative is called Urban Transition Cities Movement (UTCM). It is an intergenerational and multi-disciplinary movement that integrates informal, mediating, and formal service delivery units in a vertical and horizontal manner.
The plant will be operated with the Indian arm of electronics manufacturer Flextronics International Ltd in Chennai, Huawei said in a statement.
Indian Information and Technology Minister Ravi Shankar Prasad launched the Huawei manufacturing unit in New Delhi on Friday.
— Ravi Shankar Prasad (@rsprasad) September 23, 2016
A Huawei press statement said the plant will have the capacity to make three million units by the end of 2017.
The Chinese firm will also expand its Indian retail network, increasing to more than 50,000 the number of outlets it partners with by the end of the year.
“We have been present in India for the last 16 years and as part of our India focus, we have been consistently expanding our footprint in the market. This year especially has been of significance in our India journey,” Jay Chen, CEO of Huawei India said.
Huawei’s largest overseas R&D (Research and Development) Center is based in India.
In July this year, Huawei announced that its first half revenues were up 40 per cent, to $36.8 billion.
The Chinese giant is among the top makers of smartphones.
The US political system has gone off the rails, a reality that is often blamed on gerrymandering, rising economic inequality, a campaign finance system that favors the wealthy and powerful, and slanted journalism. Yet there is another culprit, over which ordinary citizens actually have a lot of control: low voter turnout.
It’s really quite embarrassing on a global scale when members of our own government seem to be deliberately trying to pick fights with people who aren’t interested in fighting with us. If you’ve traveled outside of the United States much, you probably know that we Americans have a rather negative reputation off of our own…
Originally published December 2015 by Rory, The Daily Coin When I read the headline below I stopped and the only thing I could think was – “Something is very wrong.” Why would the Fed – which should NOT have a voice in this matter at all – suddenly come out and say they want to…
Harris&Ewing “Slaves reunion DC. Ages: 100, 104, 103; Rev. Simon P. Drew, born free.” 1921 • World Trade Grinds Lower, Hits 2014 Levels (WS) • ‘When I Think Of Central Banks, I Think Of Alchemists’: Marc Faber (CNBC) • Central Bankers Are The Arsonists That Create The Fire: Bill Fleckenstein (ZH) • Bad Debts In
The demographers used to argue that it was bad news to be born into a big generation – there would be more competition for jobs and for houses. You would travel through live economy class not club class. But it has not turned out like that. Instead the big generation, the baby boomers, born from 1946 to 1965 have ended up doing spectacularly well. They own a disproportionate amount of housing and pensions wealth, and do well out of the welfare state too. Theresa May has rightly made it one of her priorities once more to get a fair balance between the generations.
One explanation why things have turned out like this is that in a modern democracy it is voting power which matters. So a big generation can vote for its own interests. Indeed, a new Resolution Foundation report published today shows that the boomers are enjoying a double benefit. They are a big generation and they have a very high tendency to vote. This gives them massive democratic firepower compared with other generations. Combine these two effects and one year’s worth of baby boomers exercise 530,000 votes. A year’s worth of thirty-somethings exercise just 400,000 votes.
There used not to be much of a gap in turnout at General Elections between different generations, just a percentage point or two. But now a big gap has opened up – a full 24 percentage point difference between the high likelihood of people in retirement voting compared with the much lower chances of young adults exercising their democratic rights.
Fewer than half of millennials (born 1981 to 2000) made it to the ballot box in 2015 – far lower than for any other generation at their age since Britain achieved full democratic voting rights. There has not been some general disengagement from politics. Instead the younger generation have disengaged, leaving the field to the older generations who are more likely to vote. And before you rush to judgement on today’s youngsters, this fall in turnout dates as far back as the mid-90s when young people now in their early 40s first started turning away from the ballot box.
Why has this happened? Locked out of ownership the younger generation increasingly rent their homes, and millennials who rent are nearly half as likely to vote as their peers who’ve managed to get on the ladder. Renting these days is transient with short tenancies and regular upheavals, meaning less than two in three private renters are even on the electoral register. This means that for young people the effective franchise of younger votes is back to the levels we saw in the 1920s before women secured full voting rights. No wonder such a small proportion make it to the polling station. This is a national scandal.
But it is not all doom and gloom. I do not believe that we narrowly vote for the interests of our own generation. We want the best for our children and our neighbours. I believe that politicians can and should appeal to our understanding that it is a contract between the generations that holds society together, much more than they do today.
That is why the Intergenerational Commission that I chair is tasked with identifying the inequalities between the generations and providing a roadmap for fixing them. Of course, democratic engagement right across the life cycle will give us the best chance of making progress. So we should consider practical suggestions for maximising youth turnout, including automatic registrations, online voting, and better citizenship education. But I also hope we can start changing the conversation, so that when we head to the polls politicians know we are voting not just for our own bank accounts, but also for the legacy we leave to generations to come.
This article originally appeared in...
Or just a way to get rid of political opponents? The news on this front is by no means entirely bad. Xi Lu and Peter L. Lorentzen report:
In order to maintain popular support or at least acquiescence, autocrats must control the rapacious tendencies of other members of the governing elite. At the same time, the support of this elite is at least as important as the support of the broader population. This creates difficult tradeoffs and limits the autocrat’s ability to enforce discipline. We explore this issue in the context of Chinese leader Xi Jinping’s ongoing anti-corruption campaign. There have been two schools of thought about this campaign. One holds that it is nothing but a cover for intra-elite struggle and a purge of Xi’s opponents, while the other finds more credibility in the CCP’s claim that the movement is sincere. In this article, we demonstrate three facts, using a new dataset we have created. First, we use the political connections revealed by legal documents and media reports to visualize the corruption network. We demonstrate that although many of the corrupt officials are connected, Xi’s most prominent political opponent, Bo Xilai, is less central by any network measure than other officials who were not viewed as challenging Xi’s leadership. Second, we use a recursive selection model to analyze who the campaign has targeted, providing evidence that even personal ties to top leaders provided little protection. Finally, using another comprehensive dataset on the prefectural-city level, we show that the provinces later targeted by the corruption campaign differed from the rest in important ways. In particular, it appears that promotion patterns departed from the growth-oriented meritocratic selection procedures evidence in other provinces. Overall, our findings contradict the factional purge view and are more consistent with the view that the campaign is indeed primarily an attempt to root out systemic corruption problems.
The pointer is from the excellent Kevin Lewis.
Every year, Singapore sees hundreds of thousands of tonnes of food going to waste. According to the National Environment Agency, the country wasted approximately 790,000 tonnes of food in 2014. During Chinese New Year, this further increases by up to 20 per cent.
BPEarthWatch Fireball over Montréal The AMS has received over 125 reports so far about of a fireball event over seen over Montréal, CA on September 21st, 2016 around 9:45pm EDT (Sept 22nd, 1:45 UT). The fireball was seen primarily from Québec but witnesses from Ontario, New Brunswick, New York, Maine, Massachusetts, Vermont and New Hampshire…
In recognition of a new era and the projected growth in demand for clean and renewable energy that is likely to fuel a future of opportunity for industry, governments, investors and individuals alike, Mines and Money Asia will, in 2017 include a conference programme covering renewable, sustainable and clean energy, carbon efficiency, energy storage, infrastructure, technologies and investment opportunities.
Without the stimulus of ever-rising credit, the global economy craters in a self-reinforcing cycle of defaults, deleveraging and collapsing debt-based consumption. In an economy based on borrowing, i.e. credit a.k.a. debt, loan defaults and deleveraging (reducing leverage and debt loads) matter. Consider this chart of total credit in the U.S. Note that the relatively tiny decline…
I am not endorsing these claims, but I do enjoy a good rant. It is an object lesson in showing how (some) people think about jobs, status, rivalry, and money.
First venture capital is generally consider where washed-out Wall Streeters go, when they can’t cut it in real finance. Very few b-school students start out trying to get into VC. And no, generally Silicon Valley people are not nearly as smart as HFT/algo quants. The type of kids who go to Google or Facebook are generally the Ivy CS students from the upper half of their class who are good at white-boarding problems (e.g. reverse a linked list). The truly brilliant kids, Putnam winners, math olympiads, core kernel contributors, etc. disproportionately go the quant route. (In which at least half will wind up in Chicago).
SV is generally a worse deal than HFT or quant trading. Starting comp is at least 50% higher than the big five tech firms, and goes up at a much faster rate. And definitely way higher than startups, which nearly always under-pay. It’s true in tech you can become a multibillionaire, but that’s extremely unlikely even for the most talented. In general SV is a bad deal for everyone except the small set of people lucky or connected enough to be at the top. Outside founder level, virtually no one gets rich from startups anymore. The equity and options comp is pathetic at best, if not outright fraudulent. (“You’ll be getting 1% of outstanding shares… from this round…”). Even founders have to live on 70k salaries in the Bay Area, then are frequently screwed over or cliff’d by their VCs. For every Google, heck for every Apigee, there’s a thousand no-name flame-outs, where no one but the VCs walk away with a dime.
Compare to quant trading. Compensation is cold hard cash, usually paid out annually, if not quarterly. Not lottery ticket equity with four year cliffs, unlimited dilution and byzantine share classes. Most comp is directly tied to individual trading performance, with clear results from trading everyday. No politics, extremely meritocratic, no being at the random whims of whether your app takes off fast enough to overcome your burn rate. Firms actually compete for talent and pay accordingly, instead of colluding to keep wages suppressed. Unless your ambition is to top the Forbes list, HFT’s a much better deal for someone extremely intelligent like a Math Olympiad. The probability of making “f-you money” before 40 is at least an order of magnitude higher as a prop quant than in the Valley.
That is from Doug.
by Mike Adams You didn’t really think the criminal cabal of globalists was going to idly stand by and let the voters elect an anti-establishment candidate, did you? According to the latest insider buzz I’m hearing, a staged event of historic magnitude is set to take place in the next six days that will end…
If you still had any doubts as to why the 2nd Amendment must be protected, and why self defense must be respected as the priority that it is, then just take a look at what happened during the already insane riots taking place in Charlotte. Despite large cadres of riot cops on scene and North…
A number of consumers are moving towards household-level renewable energy, fed up by slow progress in decarbonising the grid. It's time utilities started rethinking their game plan, says Aurecon's Victor Young.
Bakers unite in Greece to help those who cannot afford bread. Initial jobless claims hit all time new lows. Nobody is losing their jobs, according to the government. NAR can’t figure it out, everyone has a job according to the US Gov, but housing sales are declining, it doesn’t make sense. People are applying for…
While one of America’s largest cities is being ripped in two, most Americans appear to be far more interested in the drama surrounding Brad Pitt and Angelina Jolie’s divorce. As Charlotte braces for a third night of rioting and violence, the mainstream media is full of headlines such as “Welp, the Jolie-Pitt Divorce Got Real Depressing Real Fast” and “Even the Dalai Lama has something to say about Brangelina’s divorce“. Yes, the “Brangelina divorce” is an important cultural moment that illustrates our ongoing moral and social decay, but what is going on in Charlotte is far more important. Trust in our most important institutions is deeply broken, and Americans are increasingly choosing chaos and violence over peaceful discourse. For a very long time I have been warning that these kinds of riots were coming, and the thin veneer of civilization that we all take for granted every day is starting to rapidly disappear.
There had been hope that things would settle down after the first couple of nights of chaos in Charlotte, but as I write this article protesters have already massed downtown despite a midnight curfew imposed by Mayor Jennifer Roberts…
Demonstrators chanted “release the tape” while briefly blocking an intersection near Bank of America headquarters in the heart of the city’s business district. They then continued marching as police officers watched. Members of the National Guard carrying rifles were also deployed in front of office buildings to head off another night of violence in this city on edge.
Mayor Jennifer Roberts has signed a curfew order from midnight until 6 a.m., despite Charlotte-Mecklenburg Police Chief Kerr Putney saying he saw no need for a curfew.
Personally, I can definitely understand why a curfew was imposed. Nobody should want to see a repeat of the senseless violence of the past two nights. At one point on Wednesday night, enraged protesters actually attempted to toss a news photographer into a roaring fire…
Among the many reports of violence from the Charlotte, North Carolina unrest Wednesday night was one particular shocking example: rioters tried to throw a news photographer into a burning fire.
Local CW affiliate WCCB was on the scene and tweeted out images of the fire and their initial report.
If you are protesting for justice, you sure aren’t going to get it by trying to burn people alive. I don’t know how anyone out there can possibly justify the kinds of things that we have been seeing in Charlotte.
There are three ways to get inflation that have not been tried yet. You can see them coming a mile away if you understand elite jargon and the elite message system.. The three new ways to get inflation are “helicopter money,” special drawing rights and raising the price of gold. Helicopter money results when governments…
While day one largely focused on the impacts of a 1.5C warmer world and how to adapt to them, day two turned towards meeting the 1.5C goal set out in the Paris Agreement, and implications for emissions reductions, financing, and governance.
The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for…
The news that Australia is considering emissions standards for light vehicles has been met with scepticism and concern that buying a new car could become more costly. ClimateWorks' Scott Ferraro addresses five key worries.
More than 200 climate science and policy researchers, economists and social scientists have descended this week on Keble College in Oxford for a two-day conference entitled “1.5 degrees: Meeting the challenges of the Paris Agreement.”
by Nathan McDonald Well, there you go! As predicted, Janet Yellen and her peers within the FED have decided once again to take the dovish approach and keep rates steady, opting not to raise them. The markets foolishly were entertaining the idea that they would increase them, but as I have stated before, this is not…
On the heels of yesterday’s Fed decision, here is one of the most important pieces of 2016. (King World News) Paul Brodsky, Macro Allocation Inc. — After yesterday’s policy statements by the Fed and Bank of Japan, a harsh light is being shined on the incredible nature of their communications. It would be wise in the current environment…
Carbon storage researchers return to the lungs of the earth – the trees – to find out that integrating more of these in farmlands can suck more carbon dioxide away, and for good.
YT Comment Wesly Stanton Trump = Anti-globalism, doesn’t sympathize with ISLAM, Anti-importing Multiculturalism (if you are a citizen, than be what you want), ANTI-unfair trade (a big Bernie thing), Doesn’t sympathize with PC SJW idiots like BLM, believes in National Sovereignty, wants immigration controls that will still be more benevolent than Mexico’s, he is not…
Over 90 per cent of people are willing to pay more for electricity from renewable sources to control air pollution but lack market muscle, a survey in 10 cities finds.
What can you say about Bill Still? He a seasoned professional journalist, unlike many of us Johnny Come Lately’s on the Internet. He’s been all over this election, giving the best coverage of anyone, alternative media or mainstream. He believes that Trump will help payoff the national debt by taking the monetary system back from the…
The world, as most SurvivalBlog readers understand, is a place full of unpleasant truths and harsh realities. It is not, nor has it ever been, nor (until our Lord returns) will it ever be a place where the lion lies down with the lamb. We are charged to pray for our nation and its leaders…
Power-starved Bangladesh is embracing coal-fired power plant projects with companies from Malaysia and Singapore, but a Chinese-backed project threatens Hilsa sanctuaries. Could Bangladesh satiate power needs without going hungry for food?
YT Comment 129diggsdrive True. True, true, true. Everything you said. And how glaringly sad that what you’ve said IS actually the truth. Sad because all of these things happening are so far beyond what we could have ever thought would be the reality in this country. Lawlessness is going to increase. The bold, smug pride…
Highlights Head of the Trends Research Institute, Gerald Celente returns with comments on the recent bombings in NY and NJ. Once gold closes firmly above $1,400 per ounce, a new bull market will be underway, according to the Trends Research Institute. By sending interest rates to 46 year lows, policymakers temporarily halted an economic implosion, which resulted…
The real product of the Fed these days is not monetary policy but disbelief. People can’t believe the amount of speculation, conversation and outright complexity that results in… nothing. Yellen is basically presiding over the deflation of the Fed’s reputation. Every month more and more credibility leaks away. And this month was no exception. For…
The Russian Defense Ministry says that a US coalition drone was in the vicinity of a humanitarian convoy when it was attacked outside Aleppo. According to the Russian military, the unmanned aircraft was a Predator drone. “On the evening of September 19, in that specific region, a drone belonging to the international condition, which had…
As most of you know our economy is in serious trouble. We should all take time each day to focus on our personal economy and think of improvements that could be made. Small changes in ones personal economic habits make a huge difference at the end of the day, week, month and year. If each…
The economy is a rotting carcass of theft, immorality, corruption, deceit, manipulation, coercion, favors, nepotism, abuse where the perpetrators of the crimes are never arrested, convicted, or charged with a crime. Welcome back to the JUNIUS MALTBY CHANNEL. Today we look at some headlines and look at the situation in Sudan as yet another example…
The new leader of the Philippines is in a league of his own when it comes to presidential profanity. Rodrigo Duterte’s favorite phrase, which translates roughly to “son of a whore,” has been deployed against the likes of President Barack Obama and Pope Francis. On Tuesday, during a speech to local business executives in his hometown of Davao City, he took aim at the European Union with irreverent gusto.
The EU’s parliament recently told Duterte to “put an end” to the killings of drug suspects, which human rights groups say has claimed the lives of more than 2,400 people.
“I have read the condemnation of the European Union. I’m telling them, ‘F— you,’ ” Duterte said in a mix of Filipino and English.
“I repeat it, ‘F— you!’ ” said Duterte as he assumed a deadpan look, raised his right hand and unfurled his middle finger. The audience applauded.
Duterte campaigned on promises of eradicating the country’s drug problem by any means possible – including a vow to kill 100,000 criminals in his first six months in office.
When he was mayor of Davao City, he used similarly extrajudicial approaches. Last week, in a hearing before the Philippines Senate, a man who claimed to be a former hit man for Duterte said he’d been paid to carry out summary executions that involved feeding a body to a crocodile, chopping up corpses and dumping slashed bodies into the sea.
Human Rights Watch called Duterte the “Death Squad Mayor” at the time.
EU politicians said in a resolution that Duterte has “publicly stated he would not pursue law enforcement officers and citizens who killed drug dealers who resisted arrest,” and that he should investigate abuses of power “in full compliance with national and international obligations and respect for human rights.”
go hard rodrigo!
wouldnt we all love to say that to the EU?
this guy is going to have unfortunate accident or see his country under attack from black flag wavers..
A former CEO for Henry Kissinger has said that he believes just 30 families run the world, and that these families are the driving force behind the New World Order. David Rothkopf, author of ‘Superclass: The Global Power Elite and the World They Are Making,’ and former CEO of Kissinger Associates, says that 30 families and their 6,000 minions control the entire human race of six billion people.
His findings mirror a study conducted by the Federal Institute of Technology in Zurich which found that a mere 147 corporations (out of 40,000 studied) had real power and influence in the world economy. All of these 147 companies had interlocking Boards of Directors.
Currently, this One World Corporatocracy uses the United States and the European Union to consolidate and wield power over the entire globe. But there are vulnerabilities in the world of Wall Street Globalism. The EU appears to be disintegrating. The ECB (European Central Bank) under the ex-Goldman Sachs VP Mario Draghi seems to be as suicidal as His Japanese counterpart. And America is stretched thin by its constant warfare. Russia Today said the US had military operations in 134 countries in 2014. Wikileaks, Snowden and others have revealed way more truth than the public can digest. The US has been funding Al Qaeda and ISIS. And now Putin has shown his superiority by being able to actually find ISIS and bomb them into oblivion.
The only economic and military advantage America had is about to disappear. Dr Michael Hudson wrote Super Imperialism in 1972. That was the year after Nixon closed the Gold Window on August 15, 1971 and the year before Henry Kissinger’s invention of the Petrodollar in 1973 after the Arab-Israeli war. Hudson went to the Pentagon and the State Department in 1972 to explain that the US was making nations overseas pay for their occupation by American troops by accepting worthless Federal Reserve Notes in exchange for real goods and services.
When an American general finally understood what Dr Hudson was saying about foreigners paying for their own occupation, he exclaimed, “We’re ripping people off.”
The days when The Federal Reserve could print stacks of dollars to the moon and the Saudis could fund the US budget deficit with their oil revenues are rapidly coming to an end. Very soon American politicians will have to recognize that we can no longer afford all of those wars and forget about over 700 military bases overseas.
The American consumer will have to deal with the doubling of the price of imported goods. Of course that will mean a drastic drop in the American standard of living which will lead to instability at home. This cold light of economic reality will force America to either start WW III or go home. Most sane people would like to avoid either a thermonuclear war with Russia or a conventional one as they have far superior weapons. American politicians and the Pentagon spent $400 billion on the F-35 which does not work. Russia is too poor to spend trillions of dollars on failed projects so the Elite can line their pockets at our expense.
He is also President and CEO of Garten Rothkopf, an international advisory firm specializing in trans......
Nigerian President Muhammadu Buhari told UN Secretary-General Ban ki-Moon on the sidelines of the General Assembly in New York Thursday that the Islamist terrorist group recently indicated a willingness to release about 50 girls in exchange for Boko Haram fighters held by government forces.
A number of previous attempts to do a prisoner exchange failed in recent months.
In April 2014, Boko Haram kidnapped 276 girls from their school in the town of Chibok in the northeastern state of Borno, considered the birthplace and strategic center of the terrorist group.
Fifty-seven girls subsequently managed to escape but it is believed that at least 200 still remain in Boko Haram custody. There are fears some of them may have been forced into suicide operations.
Meanwhile, terrorism continues to plague the oil-rich African nation.
Earlier, two Boko Haram attacks in the Sanda district and Kwamjilari village (near Chibok) in Borno State left at least 14 civilians dead and several wounded.
Three soldiers were also wounded in the attacks that separately targeted a commercial convoy in Sanda and Christian churchgoers in Kwamjilari.
The Nigerian military, in conjunction with the Multinational Joint Task Force (MNJTF) established to destroy Boko Haram, on Thursday announced that it had recaptured the Malam Fatori border town on the shores of Lake Chad.
Both Boko Haram and the MNJTF acknowledged that the fighting was fierce with heavy casualties sustained on both sides.
A military communique said that Nigerian Air Force fighter jets took part in the recapture operation along the border with the Niger Republic., as they came out reinforced around the border communities with Niger Republic.
Read More: ISIL names new Boko Haram chief
The BRICS Post with inputs from Agencies
A new survey shows just 3 percent of Americans own about 50 percent of the 265 million guns in the U.S., reports say.
This group of 7.7 million “super-owners” has between eight and 140 guns each, according to an unpublished Harvard/Northeastern survey. The Guardian obtained a copy of the report and published its results Monday.
The number of guns in the U.S. has increased by 70 million since 1994, but the percentage of Americans who own a gun has decreased during that same time from 25 percent to 22 percent.
Researchers conducted an anonymous online survey of 4,000 people in the U.S. about how many guns they own, where they keep them and why they own them, CBS San Francisco reports.
The most-often cited reason for owning a firearm is protection from other people, according to the Washington Post. It’s a shift from the 1990s, when most gun owners said they used them for hunting and target-shooting.
“When I look at our survey, what I see is a population that is living in fear,” said Deb Azrael, a Harvard researcher and one of the study’s lead authors. “They are buying handguns to protect themselves against bad guys, they store their guns ready-to-use because of bad guys, and they believe that their guns make them safer.”
Most super-owners are collectors, firearms instructors, gunsmiths, competitive shooters and doomsday survivalists.
The Post reports that researchers are not surprised that a small number of people own most of the firearms, saying similar patterns are seen with other consumer goods.
Bryce Towsley, a Vermont-based gun writer and the author of “Prepper Guns,” tells the Guardian he’s concerned the survey will be used for political purposes.
“They’re going to say, ‘OK, there’s a small minority of people who have all the guns – we’re going to go after them,'” Towsley said.
Azrael tells the Guardian she’s more interested in the 50 percent of owners with only one or two guns, saying changing their attitudes about weapons could help reduce suicides in the U.S. About 20,000 of the more than 30,000 gun deaths annually in the U.S. are suicides.
“I don’t know anybody who thinks or talks seriously about confiscating guns,” Azrael tells the Guardian. “From a public health perspective – you don’t seize cigarettes. …
“You do try to make good science available. You do try to help people think about the risks and benefits of the behavior they choose to undertake.”
would this statistic be correct?
seems a bit low..only 3%..
“When I look at our survey, what I see is a population that is living in fear,” said Deb Azrael, a Harvard researcher and one of the study’s lead authors. “They are buying handguns to protect themselves against bad guys, they store their g...
Recently, Paul Krugman went off on one of his usual rants, suggesting that the Libertarian Party's opposition to environmental regulation was a recipe for disaster.
Not so fast, says Tyler Cowen. The problem with the anti-regulation position is that it is not pro-pollution enough. Cowen explains:
[Krugman's position] is the opposite of the correct criticism. The main problem with classical libertarianism is that it doesn’t allow enough pollution. Under libertarian theory, pollution is a form of violent aggression that should be banned, as Murray Rothbard insisted numerous times. OK, but what about actual practice, once all those special interest groups start having their say? Historically, under the more limited government of the 19th century, it was big business that wanted to move away from unpredictable local and litigation-driven methods of control, and toward a more systematic regulatory approach at the national level.
The Libertarian Party position here, whether they admit it or not, is almost certainly drawing primarily from Rothbard's lengthy essay on pollution and preferred legal remedies. Rothbard writes:
[E]veryone should be able to do what he likes, except if he commits an overt act of aggression against the person and property of another. Only this act should be illegal, and it should be prosecutable only in the courts under tort law, with the victim or his heirs and assigns pressing the case against the alleged aggressor. Therefore, no statute or administrative ruling creating illegal actions should be permitted. And since any prosecution on behalf of "society" or the "state" is impermissible, the criminal law would be collapsed into a reconstituted tort law, incorporating punishment and part of the law of attempts.
The tortfeasor or criminal is to be strictly liable for his aggression, with no evasion of liability permissible on the basis of "negligence" or "reasonability" theories. However, the liability must be proven on the basis of strict causality of the defendant's action against the plaintiff, and it must be proven by the plaintiff beyond a reasonable doubt.
This may sound...
Taiwan’s Defense Ministry has requested Google to blur satellite images it uses in its services of the Itu Aba Island in the contested South China Sea to conceal from public view the new military structures it holds in the area.
“Under the pre-condition of protecting military secrets and security, we have requested Google blur images of important military facilities,” Taiwan Defense Ministry spokesman Chen Chung-chi said on Wednesday, as quoted by Reuters.
Taiwan’s Defense Ministry stressed the information on the structures was highly confidential, refusing to give details about their purpose.
“It is inconvenient for us to reveal any military facilities we are installing on Taiping Island and what their purposes are, as they are all considered secret,” Defense Minister Feng Shih-kuan said.
Taiwanese authorities said that they would check if any other facilities were inappropriately exposed and would report to Google if such were found.
There has not yet been a response from Google on the issue.
The current images used by Google Earth and Google Maps portray four giant structures placed in a semi-circle on the western coastline of Itu Aba, or Taiping Island, which is controlled by Taiwan but also claimed by China, Vietnam and the Philippines.
Defense experts in Taiwan said the structures are most likely used for military or surveillance purposes.
“I think definitely it will be for military purposes, but I cannot tell if it is for defending, attacking or monitoring,” said Dustin Wang, a scholar and a former government advisor who has regularly visited Itu Aba, Reuters reported.
“There has not yet been a response from Google on the issue.”
would google do the same for china?
it appears taiwan is doing the exact same thing as china..building island fortresses..
“The current images used by Google Earth and Google Maps portray four giant structures placed in a semi-circle on the western coastline of Itu Aba, or Taiping Island, which is controlled by Taiwan but also claimed by China, Vietnam and the Philippines.”
from Fort-Russ Lavrov at today’s security council meeting – Video below after text Russian Foreign Minister, Sergei Lavrov made history today at the UN’s meeting of the Security Council, declaring that future unilateral pauses couched as ‘ceasefire agreements’ are off the table. He has skillfully referred to the mounting factual evidence of the US’s…
The Port of Melbourne has been sold for $7.3 billion to Chinese and Australian sovereign wealth funds and other investors. It is Australia’s biggest container and cargo port where 3,000 ships dock annually.
This is one of the biggest privatization deals in Australian history, falling short of the sale of the electricity grid company Transgrid for $10.3 billion last November.
The Port of Melbourne was sold at a higher price than the Australian government had expected.
“The lease, worth in excess of $9.7 billion, reflects strong bidder interest and the port’s value, as the biggest container and cargo port in the country,” the government said.
The takeover may be seen as a sign that investors are seeking safe havens in times of turbulence on the markets.
“Equity markets are starting to realize that they’re going to live in an environment where returns are going to be lower for longer, and they’re looking for secure investments,” Australia’s Treasurer Tim Pallas told Reuters.
According to Pallas, China Investment Corp will get a fifth of the port. A similar share will go to Australia’s sovereign wealth fund, The Future Fund, and Canada’s Ontario Municipal Employees Retirement System.
The sale comes weeks after Australia stopped the Chinese buying a majority stake in the state-owned power network Ausgrid. At the time, China’s commerce ministry said the rejection “seriously impacts the willingness of Chinese companies to invest in Australia.”
“The Port of Melbourne has been sold for $7.3 billion to Chinese and Australian sovereign wealth funds and other investors.”
“This is one of the biggest privatization deals in Australian history”
selling the farm!
“According to Pallas, China Investment Corp will get a fifth of the port. A similar share will go to Australia’s sovereign wealth fund, The Future Fund, and Canada’s Ontario Municipal Employees Retirement System.”
The Netherlands is the EU’s largest producer of natural gas, and has used 80 percent of its reserves, reports the local CBS statistics office. This leaves the EU with two options: buy more gas from Russia or increase liquefied natural gas (LNG) imports.
The Dutch budget has been affected by caps on extraction and plummeting wholesale prices. In 2015, gas accounted for only three percent of the country’s revenue, and by 2013 the share was nine percent, the statistics office said. State income from gas dropped to €5.3 billion in 2015, when two years previously it was €15.4 billion, said the report.
The country relies heavily on the Groningen gas deposit that was discovered in 1959. With 940 billion cubic meters (bcm) of gas reserves, the Netherlands produced 52 billion bcm last year. By comparison, Russia’s Nord Stream gas pipeline has a capacity of 55 bcm per year. At the current pace, the Netherlands may run out of gas in 17 years.
“In the last 10 years Europe managed to keep its imports flat with lower consumption. Now much lower Dutch production cannot be mitigated by much lower consumption – most of the drop has occurred already. That means we will need higher imports from Russia or liquefied natural gas,” said energy expert Thierry Bros in an interview with Bloomberg.
Despite low crude prices and increasing competition from the LNG, Russia’s Gazprom still intends to cement its 30 percent share of European gas imports by doubling the volume of the Nord Stream pipeline through the Baltic Sea. Russia has also made significant progress with the Turkish Stream pipeline that will deliver gas to Turkey through the Black Sea and then to Europe.
“This leaves the EU with two options: buy more gas from Russia or increase liquefied natural gas (LNG) imports.”
As Hilary Clinton’s health, public support and campaign continue to collapse, the establishment is circling the wagons around their puppet thereby exposing their NWO agenda and all of its ugly, anti-American colors. George HW Bush says he’ll vote for Hillary, and why not? The Bush family created the Clintons. Goldman Sachs is forbidding its employees…
Ill Omen for Syria: US Killed Truce Because Regime Change Is All It Cares About TEHRAN (FNA)- The “mistake” that was joint airstrikes that killed 60+ Syrian soldiers in Deir Ezzur on Saturday, September 17, has weakened the United States and Britain as military players, and as negotiators in Geneva in the future. The deliberate […]
At this school students are activists first, students second. They’re learning by doing and, in the process, bringing about positive social change in their city, their country, and their world.
Clean technologies are already cheaper, on average, than the incumbent fossil fuel technologies, and the advantage is widening, argued Anthony Hobley, chief executive of Carbon Tracker.
Another U.S. scientific study has confirmed that methane emissions from oil and gas activity are increasing more rapidly than previously estimated, and that these increases were happening at the same time that the North American shale gas boom and related fracking frenzy took off.
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