ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Dec 04 16:17

Stock Market 2018: The Tao Vs. Central Banks

Dec 04 10:11

After Steinle verdict, rep unveils bill to imprison officials who shelter illegal immigrants

There is already a law on the books. In the case of a death, the penalty is life. Indict SF officials and put them on trial for a life sentence!

https://www.law.cornell.edu/uscode/text/8/1324
Try enforcing this law. Governmental officials can be indicted now for harboring illegal aliens.

EXCLUSIVE – A Republican congressman plans to introduce a bill Monday that would threaten huge fines and prison time for elected officials accused of sheltering illegal immigrant criminals from deportation, in the wake of the not-guilty verdict in the Kate Steinle murder trial.

Dec 04 10:10

SELL CRYPTOS – BUY GOLD

Dec 04 09:40

US moves to criminalize non-disclosure of virtual currency ownership

The US Senate is reportedly considering a bill to outlaw the concealment of ownership of digital currency accounts by American citizens domestically and abroad.

The Senate Judiciary Committee says existing anti-money laundering (AML) laws need to be modernized.

The bill will amend the definition of ‘financial account’ and ‘financial institution’ to include cryptocurrencies and digital exchanges.

Experts warn that if the law is passed, it will likely have far-reaching effects for digital currencies’ users both in the US and abroad.

Dec 04 09:22

Enter the 'petro': Venezuela to launch oil-backed cryptocurrency

Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the “petro” backed by oil reserves to shore up a collapsed economy.

The leftist leader offered few specifics about the currency launch or how the struggling OPEC member would pull off such a feat, but he declared to cheers that “the 21st century has arrived!”

“Venezuela will create a cryptocurrency,” backed by oil, gas, gold and diamond reserves, Maduro said in his regular Sunday televised broadcast, a five-hour showcase of Christmas songs and dancing.

The petro, he said, would help Venezuela “advance in issues of monetary sovereignty, to make financial transactions and overcome the financial blockade.”

Dec 04 07:44

Grassley: No Tax Cuts For Working People Because They Blow Them On ‘Booze Or Women’

Iowa Senator Chuck Grassley decided to shove his foot so far down his throat, he may need a visit to a gastroenterologist to remove it fully. During an interview with the Des Moines Register, Grassley actually said that rich folks who "invest" are more deserving of tax cuts because they don't waste money on things...like, you know, food and housing and childcare.

His exact quote:

“I think not having the estate tax recognizes the people that are investing,” Grassley said, “as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies.”

Rich folks don't waste money on those things. They save it for cocaine and hookers, don’t they? That claim is at least as valid as Grassley’s.

Grassley's despicable and condescending attitude sums up the viewpoint of the Republican party. Average, hard working Americans don't deserve tax breaks. Ever. It's all about the donor class. And the billionaires.

Dec 04 07:42

UK government warned over sharp rise in child and pensioner poverty

Almost 400,000 more UK children and 300,000 more pensioners plunged into poverty in past four years, new study finds

Webmaster's Commentary: 

But plenty of money for the migrants, right?

Dec 03 08:47

IN MAJOR VICTORY FOR TRUMP, SENATE PASSES TAX-CUT BILL WHICH NOBODY READ: HERE'S WHAT'S IN IT

Shortly before 2am on Saturday, the Senate passed "the most sweeping rewrite of the U.S. tax code in three decades, slashing the corporate tax rate and providing temporary tax-rate cuts for most Americans" handing Republicans a badly needed legislative and political victory. Senators voted across party lines in a 51-49 vote, ending days of debate and "hand wringing" as leadership worked frantically behind the scenes to win over holdouts and get the proposal in line with the chamber’s rules.

Dec 03 08:40

San Diego opens giant tent to house 350 homeless people to help contain a hepatitis A outbreak that has killed 20

San Diego on Friday opened the first of three industrial-sized tents to house the homeless as part of the city's efforts to contain a hepatitis outbreak stemming from the deplorable conditions people were living in on the streets.
About 20 people made their way to a bunk bed Friday in the tent that will house 350 single men and women.

Two other giant tents will open later this month - one for families and one for veterans. The tents will house a total of 700 people.

The city turned to tents to get people off the streets and contain a hepatitis A outbreak that has killed 20 people in the past year, marking the worst epidemic of its kind in the US in 20 years. The virus lives in feces.

'There's going to be a marked different in what we see on the streets today and what we see at this time next year,' said Bob McElroy of the Alpha Project, the nonprofit group that will operate the tent that opened Friday.

Webmaster's Commentary: 

This is way too little, and way too late; I am very concerned that even this desperate measure by the city of San Diego, is not going to stem this outbreak significantly.

Dec 03 08:24

Amnesty seeks criminal inquiry into Shell over alleged complicity in murder and torture in Nigeria

A review of thousands of internal company documents and witness statements published on Tuesday points to the Anglo-Dutch organisation’s alleged involvement in the brutal campaign to silence protesters in the oil-producing Ogoniland region in the 1990s.

Amnesty is urging the UK, Nigeria and the Netherlands to consider a criminal case against Shell in light of evidence it claims amounts to “complicity in murder, rape and torture” – allegations Shell strongly denies.

Shell stopped operations in Ogoniland in early 1993 citing security concerns but “subsequently sought ways to re-enter the region and end the protests by the Movement for the Survival of the Ogoni People, Mosop”, claims Amnesty.

On 30 April the same year troops guarding Shell’s contractors opened fire on protesters injuring 11 people, and a man was fatally shot at Nonwa village in a separate incident several days later.

Webmaster's Commentary: 

"Hey, outsourced murder, rape, and torture are all in a day's work for any major corporation,in the process expropriating resources to which it has no moral right, and for which the local population gets no recompense whatsoever!" - Official Shell Souse.

Dec 03 06:59

Carmageddon for Tesla

Dec 02 13:11

Crude Oil Pushing $60 a Barrel: More to Come?

Dec 02 11:22

Paul Craig Roberts: "Can't You See War On The Horizon?"

According to news reports in the British press, Russian President Vladimir Putin has instructed Russia’s industries to prepare themselves to be able to make a quick switch to war production.

Clearly, the Russian government would not make such an announcement unless it was convinced that the prospect of war with the West was real.

For some time I have emphasized in my columns that the consequence of years of hostile actions taken by Washington and its European vassals against Russia was leading to war.

It is easy to understand that the massive US military/security complex needs a convincing enemy in order to justify its enormous budget, that the crazed neoconservatives put their fantasy ideology of US world hegemony above the life of the planet, and that Hillary and the Democratic National Committee will do anything to overturn Trump’s presidential victory.

Webmaster's Commentary: 

The short answer to the question posited by Paul Craig Roberts in this article is, HELL, yes!!

And I know I sound like a chipped CD on this but please, now is the time to prepare, if you haven't done so already. Storable food, potable water, and extra meds for yourselves and your pets. Have a way of protecting what you have stored with which you feel comfortable.

Dec 02 10:53

You're Just Not Prepared For What's Coming

I hate to break it to you, but chances are you're just not prepared for what’s coming. Not even close.

Don't take it personally. I'm simply playing the odds.

After spending more than a decade warning people all over the world about the futility of pursuing infinite exponential economic growth on a finite planet, I can tell you this: very few are even aware of the nature of our predicament.

An even smaller subset is either physically or financially ready for the sort of future barreling down on us. Even fewer are mentally prepared for it.

And make no mistake: it's the mental and emotional preparation that matters the most. If you can't cope with adversity and uncertainty, you're going to be toast in the coming years.

Dec 02 10:30

TRUST THE FED

Dec 02 08:58

Why The Internet Should Be A Public Utility

Dec 02 08:36

EXPECT DESPERATE, INSANE BEHAVIOR FROM GOVERNMENT IN 2018 – PART 1

As we head into 2018, I believe governments around the world will become increasingly insecure about their positions of power and control, which will result in increased paranoia about whether or not they have the consent of the governed.

Webmaster's Commentary: 

There are indications of internecine madness coming from those in the Bowels of Power in DC, and I expect them to get worse, until one of two possible outcomes happens; either a complete economic collapse in this country, or a world war, out of which this this country will most likely not emerge victorious.

Dec 02 08:04

Trump's Gravest Mistake

Trump continues to make a mistake so costly that it could relegate him to the title of worst president of all time. Let me say first, if you are a Trump supporter, I am not your enemy. I am generally indifferent toward Trump and want the United States to succeed no matter who is president. The purpose of this article is to warn you about what the Deep State has in store for Trump and his supporters. Unfortunately, Trump's rhetoric plays right into their hands.

Dec 02 08:04

The End Of Economics

Dec 02 07:48

The government is coming for your Bitcoin

Dec 02 07:39

GOP Tax Bill is Even Worse Than We Think

Dec 02 07:17

Why the UN is investigating extreme poverty … in America, the world's richest nation

The United Nations monitor on extreme poverty and human rights has embarked on a coast-to-coast tour of the US to hold the world’s richest nation – and its president – to account for the hardships endured by America’s most vulnerable citizens.

The tour, which kicked off on Friday morning, will make stops in four states as well as Washington DC and the US territory of Puerto Rico. It will focus on several of the social and economic barriers that render the American dream merely a pipe dream to millions – from homelessness in California to racial discrimination in the Deep South, cumulative neglect in Puerto Rico and the decline of industrial jobs in West Virginia.

Dec 02 07:16

Google refuses legal request to share pay records in gender discrimination case

Tech company’s lawyers say it should not have to provide data on how men and women are compensated, as judge appears to take firm’s side on key issues

Dec 02 06:53

REPUBLICANS WILL CUT SOCIAL SECURITY AND MEDICARE AFTER TAX PLAN PASSES, SAYS MARCO RUBIO

Florida Senator Marco Rubio admits that the Republican tax cut plan to aid corporations and the wealthy will require cuts to Social Security and Medicare to pay for it.

Rubio told reporters this week that in order to address the federal deficit, which will grow by at least $1 trillion if the tax plan passes, Congress will need to cut entitlement programs such as Social Security. Advocates for the elderly and the poor have warned that entitlement programs would be on the chopping block, but this is the first time a prominent Republican has backed their claims.

Dec 01 19:46

Poop Map of San Francisco

This map outlines poop danger areas in San Francisco.

Why Is There So Much Human Shit on the Streets?
By Noah Sanders

There are more than 10,000 people living on the streets at any given time in our fair City by the Bay. San Francisco must be scrambling hand over foot to provide at least some semblance of a plan for their very apparent human needs. Right? Wrong. I reached out to Jennifer Friedenbach, the executive director of San Francisco’s Coalition on Homelessness over the phone, and she laid out the overarching cause of our defecation dilemma.

https://thebolditalic.com/why-is-there-so-much-human-shit-on-the-stree...

www.sfchronicle.com/archive/item/A-decade-of-homelessness-Thousands-in...

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