ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Apr 24 12:43

Why Gasoline Prices Could Be About To Rocket

Apr 24 11:08

The Buried Maidan Massacre And Its Misrepresentation By The West

Authored by Ivan Katchanovski via ConsortiumNews.com,

The new Ukrainian government is faced with reopening an inquiry into evidence of an organized mass killing in Kiev that Poroshenko stonewalled...

Police in Hrushevsky Street, Kiev, Feb. 12, 2014. (Wikimedia)

Five years ago, the Maidan massacre in Kiev, Ukraine, of Feb. 18-20, 2014, was a watershed event, not only for the politics and history of Ukraine but also for world politics generally. This mass killing in downtown Kyiv set the stage for the violent overthrow of the pro-Russian government in Ukraine and a new Cold War between Washington and Moscow.

Webmaster's Commentary: 

When this comes out in the open, there are three things the Ukrainian government, and people, will take away; first, that then-President Barak Obama was key to the putsch moving successfully in installing Poroshenko President admitted on CNN, that the US government was behind the Kiev coup; 2nd, that Victoria Nuland bragged about having spent 5 billion on this regime change United States spent $5 billion on regime change in Ukraine; and thirdly, to never, ever trust the US government on anything it says.

The Ukrainians have learned a very painful lesson on this, and I hope that the new President, Volodymyr Zelensky, understands this reality as well. And whatever the US government wants him to do, will have a "price tag" on it.

Apr 24 10:50

"I Did Nothing Wrong" - Trump Warns "Angry Dems" He'll Take Impeachment Threats To Supreme Court

While Pelosi is desperately playing down impeachment threats (along with Bernie Sanders), many on the left refuse to let reality sink in and keep pushing for this distraction from their lack of policy positioning.

The Mueller Report, despite being written by Angry Democrats and Trump Haters, and with unlimited money behind it ($35,000,000), didn’t lay a glove on me. I DID NOTHING WRONG. If the partisan Dems ever tried to Impeach, I would first head to the U.S. Supreme Court. Not only......

Returning once again to where the real crimes were committed: " All of the Crimes were committed by Crooked Hillary, the Dems, the DNC and Dirty Cops - and we caught them in the act! "

Webmaster's Commentary: 

Every time the Democrats double down on "impeachment", it demonstrates that they have, effectively, quit working for the people who hired them in the first place, to get something reasonable, helpful and responsible done, for We the People.

This is going to bite them in a very sensitive portion of the human anatomy in 2020. Tom Perez, you had better start taking a longer look at history, before you commit to impeachment here; and you had better start listening to the people who could flip their state in either direction, come November 2020, barring vote fraud, which we know is going to happen here.

Given the current numbers, even if the House impeaches, the Senate will not convict, which means that the Democrats will have spent millions more on investigations, which means that the money spent on this, will be off the table for other critical projects, like a crumbling infrastructure, and better help for our Vets.

Apr 24 10:38

Giuliani Lashes Out At Clintons: You Are "America's Number One Crime Family"

As Democrats continue to back away from trying to impeach President Trump for obstruction of the Mueller probe which cleared him of the underlying charge of conspiring with Russia in the 2016 election, Trump's attorney Rudy Giuliani is on the war path - and is now targeting Hillary Clinton.

Following Tuesday remarks by Clinton that Donald Trump would have been indicted if he weren't president, Giuliani hit back in a Wednesday tweet - writing: "I encourage Hillary to get very involved in the 2020 election. She blew the last one for the Dems," adding "She is working on a book called “How To Obstruct And Go Free.” And the sequel will be “How My Husband Escaped” a perjury conviction.From America’s number one crime family."

Rudy Giuliani
?
@RudyGiuliani

Webmaster's Commentary: 

While I greatly admire Giuliani's candor, I hope that he is sleeping in his Kevlar Undies these days, and has a great amount of physical, and psychological, protection around him.

As Mike and I found out all those years ago, this woman most probably has assassins on speed dial; from physical threats to the kinds of disinfo which can destroy a person's career, she has them all at her command, and will use any - and all - of them if she thinks someone is actually getting too close for comfort.

So I would say to Rudy, "please watch your back, your center, and all around you right now." I cannot say I like the guy, but I can imagine that Hillary would like to stop this guy in his tracks, if she could, "with extreme prejudice."

Apr 24 10:26

A Fly In The Ointment

Authored by Michael Lebowitz via RealInvestmentAdvice.com,

Many financial assets, especially those that are the riskiest, are priced well above their respective fundamental values. A thank you primarily belongs to unprecedented monetary policy conducted on a domestic and global scale. The vast financial rewards and temporary economic stability attributed to central bank actions appear to be blinding many investors to the longer-term consequences of these actions and the implications for their investments in an era of monetary policy normalization.

Accordingly, we discuss the proverbial fly in the ointment, or what might prevent central bankers from being able to successfully “manage” markets with their extraordinary policies.

The Fed Put

Apr 24 10:24

Goldman Shares Slump As DoJ Demands Guilty Plea In 1MDB Case

Any investor who has been following DoJ's criminal investigation of the Vampire Squid over Goldman's alleged facilitation of the massive $4.5 billion fraud at Malaysian sovereign wealth fund 1MDB could probably have guessed that, whatever the outcome of the probe, it wasn't going to end well for the bank.

Those suspicions have now been confirmed.

According to a report published Wednesday by the Financial Times, Goldman Sachs could face the worst of all possible outcomes in the probe, for which it set aside half of a billion dollars in a legal contingency fund during Q4.

To wit:

US justice department staff have recommended that a settlement with Goldman Sachs over its role in the multibillion-dollar 1MDB corruption scandal should include a guilty plea at the parent company level, according to people familiar with the matter.

Webmaster's Commentary: 

As I have said frequently at this site, the monied rarely eat their own.

I would almost be willing to bet that no one involved with this case, will actually do any jail time.

Apr 24 10:19

Cohen Betrayed: Tom Arnold Leaks Phone Call Where Former Trump Attorney Admits To More Lies

President Trump's former lawyer Michael Cohen has backtracked in a recent recorded phone call, claiming he's not actually guilty for crimes he pleaded guilty to.

In a conversation with Trump-hating provocateur Tom Arnold, Cohen said that he hadn't evaded taxes, and that a criminal charge linked to his home-equity line of credit was "a lie," according to the Wall Street Journal.

Arnold recorded Cohen without his knowledge for approximately 36 minutes during a March 25 phone call, which Arnold provided to the Journal.

"There is no tax evasion," said Cohen on the call. "And the Heloc? I have an 18% loan-to-value on my home. How could there be a Heloc issue? How? Right?…It’s a lie."

In the 36-minute recording, Messrs. Cohen and Arnold covered a range of issues, from the legal troubles of former Stormy Daniels attorney Michael Avenatti to Mr. Trump’s affinity for the leader of North Korea.

Webmaster's Commentary: 

Why do the largest hunks of fecal matter swim so closely to those at the top of the food chain in DC?!?

It appears to me, at this point in my observations of those in the Bowels of Power in DC, that the higher up in station these monied people become,and the larger the chokehold they have on our financial affairs, the greater the resistance they have against doing anything remotely for the good of We the People.

Just because a country has "elections", is no guarantee that it remains a democratic republic. We are, at this point in the US, a kleptocracy of the highest order, of the monied, by the monied, and for the monied.

I'm tired of this; no matter who we vote for, there is utterly zero positive change. We are given the illusion of control, through our national elections, but this is nothing more than swapping out one "talking head" for another, who are completely in the sway of the corporations and military industrial complex, which rule this shell game, to which, in large part, we are not privy.

Apr 24 10:07

SOCIAL SECURITY PAY OUTS WILL EXCEED SOCIAL SECURITY TAX REVENUES STARTING NEXT YEAR (2020)

What Happens When Social Security Runs Out Of Money Next Year? Well, if you’re the government, you can print money, but if you’re a real person, then you just have to tighten your belt. We’ll see what happens and who wins this battle.

Apr 24 09:14

The Second Belt And Road Forum: A Transformation Of The World Economic Order

From April 25-27 Beijing will host a second international forum on the Belt and Road Initiative and it won’t be a small deal.

The four weeks preceding this event have seen an incredible surge of nations and institutions joining the BRI framework beginning with Italy’s Memorandum of Understanding as the first G7 nation in March, followed soon thereafter by Luxembourg and Switzerland. Weeks later, China won another victory by consolidating billions in infrastructure deals with the 16+1 Central and Eastern European Nations who have signed onto the BRI. This particular forum was especially important as it saw Greece join the alliance changing the name to the 17+1 group. Greece’s official participation in this bloc extended the group beyond its nominal “central and eastern” geographical limits and the importance of Greece- whose Port of Piraeus and emerging rail infrastructure funded by China provide a key bridge in the Maritime New Silk Road to Europe.

Apr 24 09:13

Deadly swine fever spreads across all China, threatening massive pork shortage

African swine fever has spread all across China’s mainland, threatening the country’s entire sprawling hog industry and the global supply of pork. The epidemic broke out nine months ago but still appears to be uncontained.

It has now reached China’s southernmost province of Hainan – which had thus far been spared from swine fever. Over 140 pigs have already died from the disease at six farms in the province, the Ministry of Agriculture and Rural Affairs said on Sunday.

Apr 24 09:06

The Libor Mess Is A Symptom Of Broader Market Failure

Major financial institutions have made it clear that they don’t support SOFR, the Fed’s choice of Libor replacement. And neither financial institutions nor their regulators have a clear plan to resolve the need to replace Libor. No matter how dire you believe the Libor problem to be, however, the underlying problem of debt market illiquidity that the Libor problem reveals is many times bigger. A Libor fix only resolves the issue of illiquidity in the short-term end of the market for unsecured debt.

Apr 24 09:04

The Green New Deal Will Hit the Poor With Higher Energy Costs

The Green New Deal's goal is to move America to zero carbon emissions in 10 years.

"That's a goal you could only imagine possible if you have no idea how energy is produced," James Meigs, former editor of Popular Mechanics magazine, says in my latest video.

"Renewable is so inconsistent," he adds. "You can't just put in wind turbines and solar panels. You have to build all this infrastructure to connect them with energy consumers."

Because wind doesn't always blow and the sun doesn't always shine, "renewable" energy requires many more transmission lines, and bigger batteries.

Apr 24 09:04

Magic Money Tree Economics

The U.S. is $22 trillion in debt and burdened with $100 – $200 trillion more in unfunded liabilities. Just to pay the interest the U.S. must borrow. Debt is rapidly rising and cannot be paid unless “they” default or hyper-inflate the dollar.

Apr 24 08:49

Central Banking Is Central Planning

By Richard M. Ebeling

At a time when the appeal of and demands for a new “democratic” socialism seem to have caught the imagination of many among the young and are reflected in the promises of a good number of political candidates running for high office, there is one already-existing socialist institution in America with few opponents: the Federal Reserve System...

Apr 24 07:51

#IPOs In Peak Digital Advertising

Apr 24 07:22

Bye bye dollar! Buy buy gold! Russia fills vaults with another 600,000 ounces

The Central Bank of Russia keeps buying gold, adding some 18.7 tons of the precious metal to the county’s vast stockpile in March alone, according to the latest figures released by the regulator.

The boost brought Russia’s estimated gold holdings to more than 2,170 tons (69,700,000 ounces), that amounts to nearly 18 percent of the country's total foreign exchange reserves, the central bank stated.

Russia purchased 56 tons of gold from January through March, acquiring 37.3 tons of the precious metal in January and February.

Apr 23 16:41

Are we on the road to a US $100 oil price?

Apr 23 13:36

How will we get to the new monetary system?

Apr 23 13:33

TRUMP SANCTIONS IRAN!! OIL TO SKYROCKET!

Apr 23 12:09

Central banks spur growth? Well, not really.

Apr 23 11:30

The Orchestration of Russophobia Is the Prelude to War

The Russian Embassy in Washington has prepared an accurate 121-page report, THE RUSSIAGATE HYSTERIA: A CASE OF SEVERE RUSSOPHOBIA.

Everyone should read this report. It documents the fake news, lies, violations of diplomatic standards and international law, and gratuitous aggressive actions taken against Russia during the period beginning May 18, 2016 and continuing through the issuance of the Mueller Report.

Without explicitly saying so, the report shows that neither the US government nor the American media has a nanoparticle of integrity. Both are criminal organizations that are willing to risk war with Russia in their pursuit of narrow policitized agendas.

This is important information for Americans and the rest of the world to have. Every person, every government and every private organization that supports Washington’s Russophobic policies is contributing to the growing threat of nuclear war.

Webmaster's Commentary: 

Paul Craig Roberts... is one of the true "adults in the room" in Geopolitics; I sure wish he was our Secretary of State right now, rather than Pompeo.

Why are the peaceful people, who want to ratchet down the rhetoric out there, and make the world a more responsible, less hostile place for its citizens, always marginalized, or sidelined permanently?!?

Because that... makes the US a less war-centric company, and that... makes those companies heavily invested in the creation of weaponry, very unhappy.

But if I were a betting woman, I would not bet against Americans being absolutely ready for a peace candidate; if they just had a chance here, which they do not seem to have.

Apr 23 11:20

Theranos CEO Elizabeth Holmes appears in court on fraud charges for the first time since HBO documentary about the rise and dramatic crash of her multi-billion dollar healthcare start-up

Elizabeth Holmes, the former multi-billion dollar healthcare start-up owner, has appeared at a California court for a hearing ahead of her upcoming fraud trial.

It is the 35-year-old's first court appearance since last month's release of HBO's The Inventor: Out for Blood in Silicon Valley about her astonishing fall.

Holmes and former Theranos president Ramesh 'Sunny' Balwani - who was her boyfriend for years - appeared at San Jose's federal court for a status hearing on Monday.

She faces up to 20 years in jail, a dramatic fall from grace for the former CEO who was named one of America's richest women in 2014 by Forbes, with Theranos valued at $9 billion.

Apr 23 10:54

Oil Shortage Crisis Might Force the Syrian State to Liberate East Euphrates

Muhammad Khodhr, Lebanese Al-Mayadeen News Channel reporter in Syria wrote to almayadeen.net commenting on the pressing issue of the shortages in Syria. Mr. Khdhr’s article is in Arabic and we tried to translate it to our best to English.

The current crisis started on Saturday, April 6th, which the government attributes to the impact of US sanctions on the Syrian economy. Oil Minister Ali Ghanem said during a tour of the gas stations that the material was available at stations in an effort to reassure consumers who have just got out of a severe shortage in gas which stretched throughout the winter months and effectively ended with the start of the spring.

Apr 23 10:51

Couple’s DIY Luxury Campervan Conversion Only Cost $12K

By Natural Blaze

Marjolaine and Alex yearned for adventure on the open road. They converted a Ford van into a camper and now they’re spending a year exploring Central America and living simply in their luxury DIY campervan conversion.

Check out a video tour of their full DIY conversion. In the video, they explain that the entire build cost around $12,000...

Apr 23 10:47

Iraq 'will be deprived of power' if it cuts Iran gas imports

raq's electricity minister said on Monday that the country will be "deprived of power" if the US decides to end its sanction waivers that has allowed Baghdad to purchase Iranian energy such as gas and electricity.

The US has granted eight countries a six-month exemption allowing them buy Iranian hydrocarbon products despite Washington's embargo, which took effect in November, but Washington announced the end of the waiver on Monday.

Iraq has received separate extensions to continue importing Iranian gas since the imposition of the economic embargo.

Baghdad was granted an extra 90-day waiver in March and it remains unclear whether it will be extended once again.

“If this stops then we will be deprived of 4,000 megawatts of electricity,” Musab Al Mudaris, spokesman for the Iraqi ministry of electricity, said on Monday.

The waiver stipulates that the countries must take steps to reduce Iranian purchases and move towards ending imports.

Webmaster's Commentary: 

So, the US government wants to attempt to get Iraq to stop buying Iran's oil?!?

How, really, are they going to do this?!? Re-invade Iraq, with an Iraq2.0, "golden cut" invasion?!?

Apr 23 10:32

US Delivering Excavation Equipment to Syria’s Kurdish YPG

In a move that is likely to rile up NATO member Turkey, the US has made a huge delivery of equipment to the Syrian Kurdish YPG, a group Turkey considers terrorists, and have long threatened to invade.

200 trucks crossed into Syria’s Deir Ezzor from neighboring Iraq. This is not a military shipment. Rather, it is building material and construction equipment intended to allow for reconstruction after the defeat of ISIS.

That’s the US version at least, but the inclusion of substantial excavation equipment is fueling concern, particularly in Turkey, that this is going to be used for mass tunnel digging across Syria, in anticipation of the Turkish invasion.

Webmaster's Commentary: 

The issue of timing here, is critical.

This delivery of construction equipment to the Kurds, signals that the US is favorable to trying to bring about an independent Kurdistan, and Turkey is going to become totally ballistic if this happens.

So let's take the scenario to the next step; If Kurds start attacking Turkish troops, who are NATO allies, as are our troops, what is the US government's position be?!?

This comes to us today, through the courtesy of the US's Department of "You can't make this stuff up!"

Why are the military and civilian leadership of this country, never able think something through to the end of its most logical scenarios?!?

Apr 23 10:16

How Do You Prefer Your Empire: Coarse or Polite?

It amounts to a matter of taste; how you prefer the emperor to behave. Such is political life in the late-stage American Empire. Both major parties offer nothing but the same – hyper-military interventionism and the quest for global hegemony – in the charade of choice each election cycle. The question, as 2020 approaches, is whether we can expect more of the same from the Democratic and Republican candidates for president. Of course, the use of this label, emperor, will undoubtedly make many a reader squirm and/or dismiss this piece.

Webmaster's Commentary: 

That will only start to change, when the US government does a complete resurrection of the Draft, which I figure may be coming forward either this year, or next.

And remember; this time, the Pentagon won't just becoming for your sons; they will be coming for your daughters as well.

Apr 23 10:05

Poroshenko out, Zelensky in: West backed the wrong man in Ukraine & now it’s payback time

Volodymyr Zelensky’s victory in Sunday’s Ukrainian Presidential election marks the moment when the Western populist wave comes to the post-Soviet space.
It also serves as a complete rejection of the divisive, ethno-nationalist policies pursued by his opponent, Petro Poroshenko, over the past five years.

Like US President Donald Trump and Italy’s Beppe Grillo, Zelensky has leveraged a major television profile for political gain, but he’s pulled it off on an inclusive platform in his campaigning, contrasting with the discordant rhetoric of his opponent.

Now, Ukraine faces an unusual situation. It has replaced an ideologically fanatical President with a complete unknown quantity. One who lacks any parliamentary power-base and must wait six months for elections to the legislature, the Rada.

Webmaster's Commentary: 

President Trump is going to have to bend over backwards,because of what President Obama, Victoria Nuland, et al, did, with their "canonization" of Poroshenko.

I hope that Trump will meet with Volodymyr Zelensky, and soon, to try to ratchet down the tensions between Russia and Ukraine; that would be a wonderful thing to see happen.

Of course, after having done this once, the US MIGHT think about another "Maidan Spring" to topple Zelensky; but should that happen, by now, the people of Ukraine are going to get so furious, that any usurper will be shown the door, with the door securely bolted behind him.

And I have to wish this guy good luck; he... is going to need it.

Apr 23 10:04

Hezbollah: US Iran Sanctions Amount to Aggression Against Entire World

The secretary general of the Lebanese Hezbollah resistance movement denounced US economic sanctions against Iran, describing the punitive measures as “an act of aggression” against all world nations.

“US efforts to increase economic pressure on Iran, especially its pledge to drive the country’s oil exports to zero, will have negative repercussions and will affect the entire world, including the US itself,” Seyed Hassan Nasrallah said as he addressed his supporters via a televised speech broadcast live from the Lebanese capital Beirut on Monday evening, presstv reported.

He then called on world nations to stand up against “US arrogance”>>>

(*take it easy on him fellas , he came down from The Exoneration Euphoria . be grateful you don't live in A US Blue State , is all I can tell you !)

Apr 23 09:05

Microsoft – A Sell?

Apr 23 08:55

Absolutely incredibly bullish?

Apr 23 08:44

AMERICANS ARE IN DEEP TROUBLE: 23% SAVE NOTHING FROM PAYCHECKS

Americans continue to dig themselves in a deeper and deeper hole. While many have no savings, they continue to pile on the debt and liabilities. All of these problems will make the next recession difficult for most to get through financially.

Webmaster's Commentary: 

Where you can, strip down; move to a smaller place, if you are renting; make sure you have some physical gold and silver in your personal possession; don't have any more money in the checking account than is absolutely necessary.

Don't buy on credit, particularly if your interest rate is floating; the next time the bill comes up, you may be in for a huge shock.

Pay off the smallest balance on your credit card, then when it is paid off, use that money to pay off your second smallest balance.

Repeat until the last bit of your most heavily used card is paid off. That will really go toward building your credit score positively.

Apr 23 08:27

Oil Price Hits Fresh 2019 High After US Ends Waivers for Importing Iran Oil

Brent crude oil price on Tuesday rose to its highest level this year, just hours after Washington decided not to renew waivers that allow eight countries to buy Iranian oil without facing the United States' punishment.
Brent, the international oil benchmark, rose 0.8 percent to $74.64 in early European trading on Tuesday, adding to gains on Monday to reach its highest level since early November.

On Monday, West Texas Intermediate (WTI), the US marker, crude futures hit their highest level since October 2018 at $65.95 per barrel before edging back to $65.89, which was still up 0.5 percent from their last settlement. On Tuesday, West Texas Intermediate increased 0.9 per cent to $66.13.

>>>

Apr 23 08:24

DO YOU REMEMBER THE OIL CRISIS AND “STAGFLATION” OF THE 1970S? IN MANY WAYS, 2019 IS STARTING TO LOOK A LOT LIKE 1973…

SOURCE: THE ECONOMIC COLLAPSE

The price of gasoline is rapidly rising, economic activity is slowing down, the Middle East appears to be on the brink of war, and Democrats are trying to find a way to remove a Republican president from office. In many ways, 2019 is starting to look a lot like 1973. For many Americans, the 1970s represent a rather depressing chapter in U.S. history that they would just like to forget, but the truth is that if we do not learn from history it is much more likely that we will repeat our mistakes. And without a doubt, right now a lot of things are starting to move in a very ominous direction.

“Stagflation” was a term that was made popular in the 1970s, and it occurs when there is a high rate of inflation but economic growth is declining or stagnant.

The U.S. hasn’t had a serious bout with stagflation in quite a while, but it appears that we may be moving in that direction.

Webmaster's Commentary: 

I remember this, because I lived through it in Southern California, during the "odd/even" way of dispensing gas, which was by your car license plate tag number, if I remember correctly, and it was an absolute pain to live through.

Apr 23 08:20

NEW CENSUS NUMBERS REVEAL AMERICANS ARE STEADILY MIGRATING WEST AND SOUTH – AND AWAY FROM HIGH TAX BLUE STATES

Published: April 23, 2019
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SOURCE: THE ECONOMIC COLLAPSE

The U.S. Census Bureau has just released their annual report on how the U.S. population is shifting, and there are some very clear patterns in the data. If you look at this Census Bureau map, you will see lots of purple (areas where the population is growing) in the west and the south, and you will see lots of orange (areas where the population is declining) in the north and the east. Of course this is a continuation of a pattern that we have been seeing for decades. Given the ability to choose, many Americans would rather live in areas of the country that are warm and sunny, and that makes a lot of sense. But that is not the only pattern that we see in the data.

From July 1, 2017 to July 1, 2018 seven of the ten counties that had the largest percentage increase in population were either in Texas or Florida…

McKenzie County, ND: 7.1 percent
Williams County, ND: 5.9 percent

Apr 23 08:17

CELL TOWER REMOVED FROM SCHOOL AFTER MULTIPLE STUDENTS AND TEACHERS DIAGNOSED WITH CANCER

Ripon, CA — As 5G technology begins to roll out across the country, it is being met by a massive wave of resistance over concerns that it can cause health problems. While 5G is still relatively new, concerns over 4G and older technology still persist as well. A school in California has taken things to the next level and removed a cell tower from their campus after several students and teachers were diagnosed with cancer.

Since 2016, four students and three teachers have been diagnosed with different forms of cancer at Ripon Elementary. Also, two smaller children — too young to attend school — who live near the school tower, have been treated for a malignant tumor and leukemia, and a 22-year-old former student has recently undergone surgery for a brain tumor.

Webmaster's Commentary: 

Not one kid, nor one teacher, should have become ill with cancer from the Sprint Tower here; and let this be a cautionary tale to school districts throughout the country; don't allow a cell tower to be raised on any of your campuses.

The probability of a cascade of lawsuits, both against School Districts which approved these sites, and the mobile carriers who installed dishes on these sites, may ramp up horrifically from here.

Apr 23 08:08

TO BECOME AN AMERICAN, PROVE YOU HAVEN’T SMOKED POT

SOURCE: CATO.ORG
One requirement for immigrants to naturalize and receive U.S. citizenship is that they affirmatively demonstrate “good moral character.” America’s nanny staters have decided that consuming marijuana in any form is, well, immoral. The Trump administration decided this week to clarify further that it is still immoral to use, share, sell, or manufacture marijuana that is legal at the state level. The updated guidance states:

Webmaster's Commentary: 

According to the stats by The Recovery Village: How Long does Marijuana Stay in your System?

People who smoked marijuana in the last:
30-45 days can fail a urine test
60-75 days can fail a blood test
Up to 90 days can fail a hair follicle test

Though the effects of THC, the main chemical in marijuana, wear off within a few hours of ingesting marijuana, traces of the chemical can remain in the body for weeks. There is no perfect formula for determining exactly how long marijuana stays in someone’s system during a urine, blood, saliva or hair drug test.

So what is supposed to happen, now, in terms of states which have allowed the legal sale of marijuana?!? Is that just supposed to "go away" from this edict, or will it go all the way up to the Supreme Court as a test case, about Federal Law here superseding State Law?!?

And in light of the fact that the legal sale of marijuana has happened in 10 US states (along with the district of Columbia States where the sale of marijuana is legal, will those states which have already legalized the drug be made to renounce the legal sale of it, because of these "guidelines"?!?

Apr 23 07:38

MASSIVE FEDERAL SWEEP NABS 60 DOCTORS ACCUSED OF DISTRIBUTING MILLIONS OF OPIOID PILLS FOR SEX, CASH

SOURCE: ELIAS MARAT @ THEMINDUNLEASHED.COM
In the biggest crackdown of its kind in the nation’s history, the U.S. Department of Justice (DOJ) has charged 60 doctors, nurses, and pharmacists with having illegally handed out millions of prescriptions for opioids in a pattern of malpractice that fed the flames of the ongoing opioid addiction crisis.

Medical professionals throughout the industry including general practitioners, dentists, nurse practitioners, podiatrists, and orthopedic specialists have been accused of trading drugs for sex, writing prescriptions to Facebook friends in the absence of a medical exam, and even pulling teeth without a legitimate basis beyond acquiring prescriptions for pain pills.

While the methods in each case varied, prosecutors remain adamant that those who were already suffering an addiction to the opioids were given prescriptions to feed their often-deadly dependence on such drugs as oxycodone, methadone, and morphine.

Webmaster's Commentary: 

Isn't it the Hippocratic Oath, something the medical community used to follow in it's premise, which was, "First, to do no harm"?!?

Apparently, the people doing the bad prescribing in these cases, have very conveniently stopped honoring that premise.

Apr 23 05:18

Housing looks terrible

Apr 22 16:17

Commercial Real Estate Bubble?

Apr 22 12:26

The Coming Retirement Crisis (w/ Raoul Pal)

Apr 22 12:22

Crude Slides As Iran Waiver Wind-Down Period Will Last A Year

Update 3: Oil prices have erased their earlier gains and fallen below a key technical level after a State Department official revealed that the wind-down period for removing the waivers on Iranian crude exports would be a year.

Apr 22 12:20

America's Forced Financial Flight: Fleeing Unaffordable And Dysfunctional Cities

For hundreds of years, rural poverty has driven people to urban areas: cities offer paying work and abundant opportunities to get ahead, and these financial incentives have transformed the human populace from largely rural to largely urban in the developed world.

Now a new set of financial pressures are forcing a migration of urban residents out of cities which are increasingly unaffordable and dysfunctional.As highly paid skilled workers and global capital have flooded into high-job-growth regions, living costs and the costs of doing business have skyrocketed: where not too long ago $1,000 a month would secure a modest one-bedroom apartment in major urban job centers, now it takes $2,000 or $3,000 a month to rent a modest flat.

Apr 22 12:13

Why are people investing in growth ETFs?

Apr 22 12:03

MAJOR: Anti-Russia Sanctions Have Cost Austria $100 Billion

Austrian municipalities were greatly affected by anti-Russian sanctions, especially companies in Austria and other European countries, said the former mayor of the city Linz, Detlef Wimmer, at the International Economic Forum in Yalta.

The official indicated that the economic restrictions caused damages amounting to “$100 billion”.

“The United States, which imposed sanctions against Russia, has harmed even the companies of many European countries, but Russia managed to survive, we see the situation in Crimea, we see what has been built here in the last five years,” said Wimmer.

The mayor of the city added that Austria at the district level does not share “the principles that lead to sanctions.”

The relations between Moscow and the West worsened as a result of the situation in Ukraine and the reincorporation of Crimea to Russia after the referendum held in March 2014, in which more than 96% of the voters endorsed this option.

Apr 22 11:41

Clown World - Poo Francisco

Such a "progressive" place! Like, all those "ignorant" red states are like sooooooooo "backward" and stuff using those white supremacist modern toilets. Honk Honk!

Apr 22 11:39

Elizabeth Warren Proposes $640 Billion Student Debt Relief

Sen. Elizabeth Warren (D-MA) proposed Monday a new $640 billion student college debt relief program that would also eliminate college tuition for all two and four-year public colleges.
The 2020 Democrat presidential candidate unveiled the ambitious policy proposal as she attempts to distinguish herself from the large and progressive Democrat field. Warren released the proposal ahead of a series of youth-oriented CNN town halls Monday night with 2020 presidential candidates at Saint Anselm College in New Hampshire.

“It’s a problem for all of us,” Warren noting, that student college debt has reached more than $1.5 trillion and affects more than 40 million Americans. “It’s reducing home ownership rates. It’s leading fewer people to start businesses. It’s forcing students to drop out of school before getting a degree.”

Apr 22 11:28

Millennials will be crushed under debt: Non-housing debt now reaches $4+ trillion in the United States.

Millennials continue to face the struggles of living in a world where they are deep in debt and the idea of buying a home is becoming more of a farfetched pipe dream. As recently as 2009 non-housing debt stood at $2.5 trillion. Today it is over $4 trillion, a 60 percent increase in 10 years. Of course, it is no surprise that 2009 is the official end of the Great Recession and much of the recovery has come at the expense of going into massive debt. Millennials continue to face struggles in purchasing homes because they are saddled with $1.46 trillion in student debt. Non-housing debt is already creating deep pressures on the balance books of Millennial households.

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