ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Apr 20 13:32

Deposits Are Now Vulnerable To Bank Seizure

Are your accounts at the banks really secure? After the financial crises, there are laws on the books that make your accounts insecure from even the bank itself. This is a MAJOR threat to your retirement security and savings.

Apr 20 11:02

GM’s Venezuela plant, assets seized by authorities

Venezuela Seizes General Motors Car Plant

Apr 20 10:54

Gary Webb’s DARK ALLIANCE Timeline - Evolution of an International Drug Ring with ties to the CIA

story features convoluted and secretive trails of money and drugs as well as equally twisted relationships between the CIA operatives, the Contras, and crack cocaine distributors.

Apr 20 10:09

A Topsy-Turvy Tax System That Will Never Be Reformed

In the U.S., we want things simplified, but the entrenched and powerful tax preparation class, including accountants from coast to coast and now the likes of Turbo Tax and H&R Block, will do everything they can to keep the status quo in place. Complexity and confusion force Americans to use others to prepare their taxes for them.

Apr 20 10:06

THE H1-B SCAM

The scumbag Silicon Valley Hillary supporting CEOs are the ones shipping in cheap labor from foreign countries to steal American jobs. Trump proves he’s all talk once again. How many campaign promises can he break before the Trumpbots realize he’s a phony?

Apr 20 09:48

US Senator McCain Says Exxon 'Crazy' for Trying to Resume Business With Russia

McCain claims that Exxon Mobil must be mentally unstable to apply for a waiver from US sanctions on Russia to resume its business with the Russian oil giant Rosneft.

Apr 20 09:28

Venezuela Seizes General Motors Car Plant

General Motors says Venezuela illegally seizes auto plant

Apr 20 09:12

Trump Demands For Border Wall Funding May Force Government Shutdown Next Week

Trump, under internal pressure to show legislative achievement

Apr 20 09:09

More troubling news for the economy

Last Thursday, we learned U.S. wholesale-price inflation may be peaking…

That morning, the U.S. Bureau of Labor Statistics (“BLS”) reported wholesale prices – as tracked by its Producer Price Index (“PPI”) – fell by 0.1% in March. This was the first month-over-month decline in seven months.

On Friday, we learned that U.S. consumer price inflation could moving lower again, too…

Apr 20 08:47

Toronto's Increasingly Unaffordable Real Estate Market Is Going To Impact Other Canadian Cities As Well; Here Is How.

Home sales across the Canada hit a record high in the month of March, mainly due to transactions in the fiercely hot market of Toronto, further fuelling concerns about the city’s real estate sector. The CREA report added to evidence of booming sales in Toronto, the nation's largest market, where bidding wars and soaring prices have sparked concern about a bubble.

Apr 20 08:41

Eurovision by candlelight? Ukraine on the brink of energy catastrophe

On April 19th, Ukraine’s Ministry of Energy and Coal submitted a document to the country’s government on banning coal imports from the Russian Federation, the ministry’s head, Igor Nasalik, has announced. According to Nasalik, “the ban concerns importing the coal energy group from the Russian side.” The minister also reported that Ukraine hopes to sign a contract on anthracite coal deliveries from the US, as the Americans are ready to ensure a cheap price for coal. The volume of coal supplies from the US was enthusiastically announced to amount to 3.5-4 million tons a year.

Apr 20 08:38

Gab Founder Banned From Silicon Valley

Andrew Torba talks about how after his political views became known he has been banned from the very liberal Silicon Valley.

Apr 20 08:37

BREXIT BILL BOMBSHELL: Now Brussels demands annual HIKE in UK's divorce payment

Officials in Brussels want the power to make “annual technical adjustments” to the gargantuan tab even after it has been agreed with Britain, adding on extra demands for cash every year.

The jaw-dropping move means the mooted £52bn bill could continue to grow in size years into the future, with the UK still being asked to cough up more money even after it has left the bloc.

Apr 20 08:25

Trump looking to dump Dodd-Frank

President Donald Trump met Tuesday at the White House with top CEOs from some of America’s leading corporations.

He boasted: “We are doing a major elimination of the ‘horrendous’ Dodd-Frank regulations. Keep some obviously, but getting rid of many.”

The cozy CEO clique of twenty honchos belong to something called “The Strategy and Policy Forum.” Tax reform was also on their agenda. You better believe that any so-called “tax reform” will benefit the 1% Gang more than any member of loser Hillary Clinton’s long forgotten and unfairly-maligned “deplorables.”

What is Dodd-Frank?

Apr 20 07:36

17 Reasons Why You Should Own Gold

Apr 19 23:38

California Road Charge Pilot Program

Exploring an Option for Replacing California's Gas Tax- About the Pilot Program. The California Road Charge Pilot Program is a multi-year endeavor that, at its core, strives to engage the public in order to gain input and feedback. Pilot volunteers will be able to choose one of the five mileage reporting methods California will be testing. Please note: Volunteers will not pay any out-of-pocket costs. No money will be exchanged during the pilot. Above all, you get to be a driver, not just a passenger, and contribute to fixing California… one mile at a time. How You Can Participate.. What Is Road Charge? Road charging means drivers pay to help maintain the roads based on the distance they travel or a period of time they use the roads, rather than the amount of gasoline they consume. Why Are We Studying Road Charge?

Apr 19 19:32

ECONOMIC DEFLATION CRISIS IS REALITY NOW

Apr 19 17:20

40% of Spanish children live in poverty - report

Spain has the EU’s third highest rate of child poverty, after Romania and Greece.

Statistics show the proportion of children living below the poverty line in Spain increased by nine percentage points between 2008 and 2014, to reach almost 40 percent.

The sharpest increase (56 percent) was among households of four people (two adults and two children) living on less than €700 per month (or €8,400 per year).

Apr 19 16:52

Karmic Disaster: The Debt Comes Due

Hindu scriptures teach that anyone who kills or causes harm to other sentient beings is in for a big dose of Bad Karma as a result. The shit can hit the fan in this lifetime or in some future reincarnation, but it will happen. Not that I personally subscribe to Hinduism or any other religion, but I do believe that there’s a large dose of merit in their world view. A lot can be said for lifestyles which involve veganism and peaceful coexistence with our fellow beings. Stray from the path, commit the crime, and you’ll eventually do the time. Like the Hindus, we’ll define “sentient beings” as including (most) humans, all other creatures with eyes and mothers, and most importantly Mother Earth herself; for she’s borne the brunt of harm caused by her thoughtless, careless, greedy human children.

Apr 19 14:50

What Will the Fate of Tax Reform be in Today’s America?

Following Republicans’ abysmal failure to repeal and replace Obamacare, the GOP announced that their next order of business would focus on tax reform. House Ways and Means Committee Chairman Kevin Brady declared that he would schedule a hearing in which the House will review a drafted tax reform blueprint.

Apr 19 12:54

Investors Rage After 3 Billion Yuan Vanish From China's Largest Private Bank

Theoretical warnings about risks inherent in China's shadow banking system became all too for 150 customers of China's largest private bank, when Minsheng Banking Corp found itself involved in a 3 billion yuan (US$436 million) fraud case, after it emerged that a branch chief of the lender in Beijing allegedly issued false bank acceptance bills and later secured funds from individual investors to cover up the misdeed.

According to SCMP, an accidental inquiry from an investor exposed the fact that the WMPs sold by a Minsheng branch didn’t even exist. When shocked investors rushed to the bank, they found the head of the branch had been taken into police custody and the supposed due payment date had passed.

Apr 19 12:50

Leading indicator double topping going into May?

Many times over the years, what the stock markets do in Germany and Europe, impacts stocks in the states. Several times Germany has been a leading indicator in bull and bear moves, ahead of what take place in the S&P 500. Below looks that the DAX index over the past decade and the important pattern that could be in play.

Apr 19 12:34

The Story Of A Doomed Business Model That Currently Is In The Money

On Monday last week, the darling of Silicon Valley became the most valuable American car company, surpassing General Motors, the Detroit granddaddy with $10 billion in sales on nearly 10 million vehicles.

Apr 19 11:47

Forbes pegs Kushner family’s net worth at $1.8B

Jared Kushner and his family are worth an estimated $1.8 billion, roughly half of which comes from their real estate holdings.

That figure is derived from the Kushner family’s 13 million square feet of property plus 20,000 residential apartments, and also from the small fortune Jared’s younger brother Josh has built with venture-capital investments in companies like Instagram and Slack, according to Forbes. It’s also the record sum Jared paid for 666 Fifth Avenue in 2007, though he later was forced to sell equity and condos to avoid foreclosure.

Apr 19 09:40

Second Largest Us Brokerage Chases After Chinese Investors, Will Market Us Homes In China

Marketing US homes to Chinese investors living in China is good business, and some US brokerages have specialized in it. But now it’s big enough for Warren Buffett. “Warren Buffett,” “Berkshire Hathaway,” and “Coca-Cola” are well-regarded brand names in China. So all that was needed was a major Chinese platform to market American homes to Chinese investors under those names, on a scale never seen before. And voila.

Apr 19 08:05

Is The Fed Actually Paying The Banks Not To Lend?

Gold was slammed down today, the deep state/central bank is trying to keep everyone away from precious metals. The corporate media has now admitted that there is a problem and that people are losing their job, the corporate media is now broadcasting the collapse of the economy.

Apr 19 07:28

Bo Polny-Jubilee Year Means Stocks, Bonds and Dollar are Toast, Gold & Silver Spike

Market cycle analyst Bo Polny says a “Jubilee” year is the end of seven, seven year cycles. That is 49 years, and now is the 50th year which is called a “Jubilee” year. Polny says, “49 years is the end of the cycle. So, the 50th year is a year of cleansing and a year of washing. It’s a year of debt forgiveness. . . .It’s a year of rest. It’s a debt forgiveness year. . . .

Apr 19 06:56

Our Intellectual Bankruptcy: The "Religion" of Economics, UBI and Medicare For All

Clinging to magical-thinking fixes that change nothing on the fundamental level hastens collapse.

Apr 19 05:23

Goldman Sachs claims propping up ‘the economy is great!’, funds Syrian war

The age of parasitic capitalism still hasn’t sputtered to its final death. Among the larger players is Goldman Sachs, the very same megabank that the oligarchs use to fund terrorism – like the latest foray into Syria. Goldman Sachs is known for money laundering, billion-dollar-lobbying for the ease of punishment for corporations who launder said money, drug pushing, defrauding investors, war profiteering, and now, outright lying in order to keep their grimy claws on as much government-baptized cash as possible.

Apr 18 20:03

Trump: The New Face Of Crony Capitalism?

Apr 18 15:54

America's Addiction to Big Government

Our federal government has grown to such a size that it has become completely unaccountable and ineffective. In the process of growing to its current size, the state has racked up almost $20 trillion of debt.

Apr 18 15:33

Options Traders Running For The Hills?

Fear finally made its way into the equity options market at the end of last week – at least for a day.

Apr 18 15:20

What Impact Does The Chinese Housing Bubble Have On Local And International Markets? Is The Housing Bubble Going To Burst Very Soon?

China commodity markets are competing against an ever-expanding crop of the wealthy whose demand for real estate as an investment seems to know no bounds. China's housing market is worth looking.

Apr 18 11:33

Scott Adams: The Air Comes Out of the Anti-Trump Balloon

In January of this year, President Trump’s critics were marching in the streets because they believed he was about to go full-Hitler. Or maybe he was just crazy, and about to do something dangerously stupid.

Today their biggest complaint is that President Trump hasn’t shared his tax returns with the public.

How’s everything else looking?

Apr 18 10:59

Economic Collapse: Geopolitical Issues Sending Investors For The Exit (VIDEO)

It seems the increasing tensions in the Middle East and on the Korean Peninsula have caused some investors to lose their nerve with the Dow falling 138 points after Trump dropped the ‘Mother Of All Bombs’ in Afghanistan. Both the Dow and the S&P500 closed at 2 month lows. And while you might think that a 138 point drop is relatively minor considering just how much the stock market has risen since the election, there’s even more troubling news behind the scenes.

In the following video, Right Wing News looks at how the geopolitical situation might be hastening the upcoming economic reckoning. But let’s be clear, both the Middle East and the Korean peninsula could be 100% peaceful, but it still won’t make a difference in the long run. The stock market is inflated, loans are collapsing, and Americans may soon be facing a sharp decline in standards of living. Are you prepared?

Apr 18 10:45

The Return of Commercial Prison Labour

Prisons are seldom mentioned under the rubric of labour market institutions such as temporary work contracts or collective bargaining agreements. Yet, prisons not only employ labour but also cast a shadow on the labour force in or out of work. The early labour movement considered the then prevalent use of prison labour for commercial purposes as unfair competition. By the 1930s, the U.S. labour movement was strong enough to have work for commercial purposes prohibited in prisons.

Apr 18 09:48

Ron Paul: The Federal Reserve is, and always has been, politicized

Audit the Fed recently took a step closer to becoming law, when it was favorably reported by the House Committee on Oversight and Government Reform.

Apr 18 09:28

Tax Day And The Killer Instinct In Economic Policy

We seem poised for a great debate over tax policy in the next few months. Donald Trump and the Republican Congress are likely to push for various plans to reduce taxes on the wealthy. Progressives, and hopefully most of the Democrats, will be fighting back. While concerns over deficits are hugely exaggerated, at the end of the day we will need some revenue, and it makes much more sense that it come from people like Donald Trump and his cabinet members than ordinary workers.

Apr 18 09:20

Wikileaks Warns: Bitcoins Open to CIA

Apr 18 08:45

Wall Street Is Pouring Money Back Into Shale

With oil prices seemingly on firm footing, Wall Street is pouring money back into the shale sector, expecting profits even at $50 per barrel.

Apr 18 08:00

When Will They Ever Learn?

Fifty years ago we were bombing North Vietnam “back into the stone age.” That worked out well for the military contractors, killed many, and raised prices for the US people.

Twenty-five years ago we were fighting Iraq and Saddam Hussein. That worked out well for the military contractors, killed many, and raised prices for the US people.

Ten years ago we were fighting in Iraq. That worked out well for the military contractors, killed many, and raised prices for the US people.

Today we are still fighting in the Middle-East and bombing Syria. A taskforce of ships is threatening North Korea. Who benefits?

When will we learn?

Apr 18 07:57

Puerto Rico seen sliding toward bankruptcy as deadline nears

Bankruptcy for Puerto Rico is looking ever more likely as the clock ticks down toward a May 1 deadline to restructure $70 billion in debt, ramping up uncertainty for anyone betting on returns from the island's widely held U.S. municipal bonds.

Apr 18 07:50

Credit Card Nation: Why The Facebook Killer And The U.S. Congress Have A Great Deal In Common

Most Americans have seemingly convinced themselves that as a society we will never pay a great price for going into so much debt and that we will never pay a great price for the horrendous crimes against humanity that we are committing on a daily basis.

Apr 18 06:34

Gold Erases Post- Election Fall as Trump Wrong on Dollar

President Donald Trump sent currency markets into a tizzy late Wednesday when he signaled his preference for a weaker dollar. “I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me,” Trump told the Wall Street Journal.

Although the greenback immediately dropped before stabilizing Thursday, that’s only part of the story. In fact, it has been falling all year as traders lose confidence in Trump’s ability to push his pro-business, pro-growth policies through Congress. Judging by the Federal Reserve’s U.S. Trade Weighted Real Broad Dollar Index, the currency is weaker now than at the end of November, the month of Trump’s election victory.

Apr 18 04:55

Why We’re Ungovernable, Europe Gets Its Doomsday Scenario

The rise of French far-right presidential candidate Marine Le Pen has made a lot of people nervous since, among many other things, she’s in favor of leaving the eurozone, which would pretty much end the common currency.

Apr 18 02:26

The banking industry abuses its customers worse than United Airlines

Last week the Internet was ablaze with disgust after a man was physically dragged off a United Airlines flight.

What’s amazing, though, is that there are countless cases of another industry abusing its customers in far, far worse ways than the airlines.

I’m talking, of course, about the banking industry.

Apr 17 17:06

Comprehensive list of REAL assets that hold their value through nuclear war, social chaos or global debt collapse

As our world accelerates toward nuclear war, global debt collapse and widespread civil unrest, nearly everyone foolishly holds their assets in electronic form, somehow believing that banks, governments and fiat currencies will magically hold value as the world falls apart.

Apr 17 15:40

Uber Confirms Horrendous Loss in 2016

“Cementing its place as the most heavily-lossmaking private company in the history of Silicon Valley.”

Apr 17 13:14

Nuclear Power Bums, Bailouts And Bankruptcy

You have to hand it to the nuclear industry for socializing costs and privatizing profits. Last year, lobbyists for operators of dirty, deadbeat old reactors won massive public subsidies — bailouts — in New York and Illinois that will keep decrepit, retirement-age reactors from shutting down.

Apr 17 12:55

AP: You Should Show 'Love' For DC Residents For 'Paying The Most Taxes'

We should be thanking the tax parasites in Washington DC for "send[ing] the most tax dollars per person to the US government," at least according to the Associated Press.

Apr 17 12:20

GOLD PRICE SURGES AS INVESTORS SPOOKED

Apr 17 12:20

Monday Madness – China Spends $1Tn and Still Fails to Grow 7% in Q1

$1,000,000,000,000!

That's a lot of money. It's 1,000 Billion Dollars or one Million Million Dollars and it's how much China spend is just 3 months attempting to keep up appearances while the real economy continues to slow down. Can China keep on spending at a $4Tn annual pace (40% of GDP) for the rest of 2017? Sure they could – because no one seems to give a damn about debt spending anymore – but that doesn't mean they should.

Apr 17 12:04

HOW OUR TAXATION SYSTEM SCREWED EVERYTHING UP

Apr 17 11:58

Russia And China Preparing Alternative Banking Architecture

It may have arrived with little fanfare, but Russia’s SWIFT alternative has, more or less, arrived. Speaking in no uncertain terms at a meeting with Russian President Vladimir Putin late last month, Elvira Nabiullina, the Governor of Russia’s central bank, stated: “We have finished working on our own payment system, and if something happens, all operations in SWIFT format will work inside the country. We have created an alternative.”

Webmaster's Commentary: 

Apr 17 11:03

Boeing To Lay Off "Hundreds" Of Engineers

President Trump will not be amused. In a letter to employees, Boeing VP John Hamilton announces that the company will lay off "hundreds" of engineers as soon as this week, affecting Washington and "other enterprise locations."

As Bloomberg headlines show:

*BOEING TO SEND NOTICES FOR INVOLUNTARY LAYOFFS APRIL 21
*BOEING ENGINEERING LAYOFFS PLANNED FOR JUNE 23, 2017
The timing is interesting as the Ex-Im Bank discussions hot up and comes just 2 months after Trump visited Boeing's South Carolina plant.

Standing in front of a new Boeing 787-10 Dreamliner passenger aircraft made at in North Charleston, Trump repeated his campaign promises to promote American production that partly fueled his dizzying path to the White House. He warned of a "substantial penalty" for companies that move jobs out of the United States.

Webmaster's Commentary: 

This is a really TERRIBLE sign for the US economy.

Apr 17 10:46

Why your money will VANISH in a collapse!

Apr 17 10:01

The Big Sap: Income Tax

Great Cartoon and even better article.

The IRS deception works simply because the American people have been programmed to believe in a fiction called the U.S. dollar. The U.S. dollar cannot be measured by the five senses. Green strips of paper with numbers on them are not dollars. They are only symbols of dollars. But belief in the dollar as substance (not fiction) is so ingrained and widespread that it ranks with religion.

When Americans discover that the government and its symbiotic partner, the Federal Reserve, create credit in unlimited amounts, they will know that the idea of income taxes is nothing more than political subterfuge. They will know that federal budgets and national debts are fictions and diversions. They do not exist.

When the government creates credit and passes it into circulation in exchange for goods and services, it is stealing. It is exchanging nonsubstance, a fiction, for substance. It is theft on an unbelievable scale.

Apr 17 09:41

RUE21 TO SHUTTER NEARLY 400 STORES NATIONWIDE

Apr 17 09:36

Distrowatch: Your source for Linux, Unix and BSD Operating Systems and Software

Linux is surging. Go Linux!

Page Hit Ranking
Data span:
Rank Distribution HPD*
1 Mint 2816>
2 Debian 1885>
3 Manjaro 1678>
4 Ubuntu 1513=
5 openSUSE 1312<
6 Zorin 1133<
7 Fedora 1045=
8 deepin 932>
9 Antergos 920>
10 elementary 917<
11 CentOS 817=
12 Solus 743>
13 Arch 734=
14 PCLinuxOS 725=
15 ReactOS 604>

Apr 17 09:18

CONSPIRACY vs FACT: How Much Gold Is In The World??

There still seems to be some doubt in many investors minds on how much gold there is in the world. I continue to receive emails from individuals who read articles stating that the amount of gold in the world is much greater than the official estimate. Recently, I have received a spike of emails questioning the amount of gold in the world due to all these supposed “SECRET GOLD STASHES.”

Apr 17 08:25

President Trump Says Fed Chair Janet Yellen "Not Toast"

Trump's Wall Street Journal interview revealed the president is sticking with his dovish interest rate views and appreciates Fed Chair Janet Yellen. WSJ's David Harrison says it could resolve the dilemma Trump has long faced over monetary policy.

Apr 17 07:30

Richest man in Asia aggressively preparing for collapse

The world is awash in crisis with wars looming, economies crashing and revolutions brewing. Doomsday bunkers sales are soaring and individuals from coast to coast are getting ready for whatever tomorrow may bring. Moreover, even governments like China and Russia are preparing, having gone so far as to create their own exchange mechanism to trade directly with gold in the event of a global currency crisis or financial meltdown.

Apr 17 07:28

Lives on hold, literally, laid-off in Pennsylvania can't get jobless benefits

What has Salvato in a tizzy is the near-collapse of Pennsylvania’s unemployment compensation system.

In mid-December, the state closed three service centers and furloughed 521 workers, or a third of the people who deal with unemployment compensation. Since then, calling the number on the state’s unemployment website has been an exercise in frustration with endless busy signals, dropped calls, and hours spent on hold.

Salvato, an executive assistant, lost her job Feb. 13.

It took her eight weeks to get her first check, despite intense effort and no opposition from her former employer, a Philadelphia hospital.

Apr 17 05:16

Trying to Save Monte Paschi – Oldest Bank in the World

The EU Commission is looking to bailout Monte Paschi by almost eliminating more than 5,000 jobs. The Monte Paschi plan that was presented last October called for 2600 layoffs. It is the oldest surviving bank in the world and the third largest Italian commercial and retail bank by total assets. This makes it a critical bank in Italy. It has been struggling to avoid a collapse. It was founded in 1472 by the magistrates of the city state of Siena as a “mount of piety” by name.

Apr 17 04:28

Remember the Housing Bubble of 2008? Meet the car loan bubble of 2017…

After nearly a decade of being able to borrow money for next to nothing, interest rates are finally beginning to creep higher. Even the relatively small increases seen so far have caused problems in the previously booming automobile industry. The size of the auto loan market has ballooned to a historic 1.1 trillion dollars, and subprime lending has once again become the norm. Teaser offers that allow people to get cars with zero money down and 84-month financing have fueled a wave of irresponsible spending. Americans’ tendency to associate success with having nice things has driven many people who can’t afford to buy a house to get the next best thing — a brand new car.

Apr 16 17:38

Atlanta Fed GDPNow Forecast Spirals Closer to Zero

Hammered by retail sales and inflation.

Apr 16 09:46

Germany Building Free Housing for Refugees worth 3 million

In Germany, Martin Schultz wants to give refugees the right to vote. So if he cannot win with Germans, he wants to give the right to vote to refugees to win by bribing them.

Apr 16 09:14

Is Your State In Serious Financial Trouble?

Maybe you’re looking for a fresh start. Or perhaps you’re looking to find a different job, or you’re trying to get out of the city. Whatever the case may be, when you’re looking for a new place to live there’s a lot to consider. And if you’re thinking of crossing state lines to find a new home, there’s one vitally important detail that you need to think about and research.

Apr 16 08:00

Standard of Living Declined in Britain Due to Government Austerity

A new study shows that the standard of living in the UK has dropped for the first time since 2014. This is the result of government austerity says economist John Weeks

Webmaster's Commentary: 

"It is not enough that we be rich, everyone else must be poor!" -- Money Junkies

Apr 16 06:42

GRUNCH of Giants (GRoss UNiverse Cash Heist): Bucky Fuller’s final insight of humanity’s choice for either a world that works for everyone with no-one left out, OR stupefied ignorant submission to lies, looting, destruction, and our own deaths through WW3

*hyperlinks/videos live at source*

There exists a realizable,

evolutionary alternative

to our being

either atom-bombed into extinction

or crowding ourselves off the planet.

The alternative is the computer-persuadable veering of big business from its weaponry fixation

to accommodation of all humanity

at an aerospace level of technology, with the vastly larger,

far more enduringly profitable for all, entirely new

World Livingry Service Industry.

It is statistically evident

that the more advanced

the living standard,

the lower the birth rate.

~ Bucky Fuller’s Foreword to GRUNCH of Giants

Apr 15 16:23

With Bankruptcies And Store Closures On The Rise; What’s Really Causing Retail Meltdown In The U.S?

Retailers reportedly are filing for bankruptcy protection at a disturbing rate that's flirting with recessionary levels. Meanwhile, a steady stream of store closures continues to haunt the battered American retail industry.

Apr 15 12:55

Raspberry Pi

Quirky Xerus is fastest. You have to update Mate by terminal including the kernel. Linux Mint has a tool called disks that makes installation to your micro sd easy as pi!

https://www.raspberrypi.org/downloads/

* NEW * Quirky Xerus for the Raspberry Pi
October 24, 2016 - Barry Kauler, creator of Puppy and Quirky Linux, released his latest Quirky Xerus version 8.1 for the Raspberry Pi. (Updated to 8.1.2 on 25 November 2016.)
http://puppylinux.org/main/Download%20Latest%20Release.htm

Ubuntu MATE for the Raspberry Pi 2 and Raspberry Pi 3
Martin Wimpress and Rohith Madhavan have made an Ubuntu MATE image for the Raspberry Pi 2 and Raspberry Pi 3 based on the regular Ubuntu armhf base, not the new Ubuntu “Snappy” Core, which means that the installation procedure for applications uses the traditional tools, ie apt-get.

https://ubuntu-mate.org/raspberry-pi/

Apr 15 12:45

All computers have a processor, and your phone probably uses one designed by ARM.

We got a great question recently that made us remember that not everyone keeps up to date on specs and hardware design. Someone asked what ARM meant.

Firstly, that's an awesome question. I can imagine it's difficult to make sense of some of the technical talk that happens if you aren't sure of even the basics, and the only way to find out is to ask. So, we're glad you asked!

Apr 15 10:22

Tillerson In Moscow: Is World War III Back On Track?

If anyone is worried whether the prospect of a major war, which many of us considered almost inevitable if Hillary Clinton had attained the White House, is back on track, Secretary of State Rex Tillerson’s visit to Moscow was cold comfort. From his remarks together with his counterpart Sergey Lavrov, there is now little reason to expect any improvement in US-Russia ties anytime soon, if ever, and much reason to expect them to get worse – a lot worse.

There has been a great deal of speculation as to why President Donald Trump, who promised a break with the warmongering policies Hillary would have implemented, and which characterized the administrations of Barack Obama, George W. Bush, and Bill Clinton, would have bombed Syria’s Shayrat airbase in retaliation for a supposed chemical weapons (CW) strike without evidence or authorization from either Congress or the UN Security Council.

Webmaster's Commentary: 

In looking, analytically, at the results of last year's election, it has become crystal clear precisely what, rather than who, won that election, and the victor was ...the American Deep State, whose motives, objectives, and plans do not change, regardless of who "chairs" the oval office.

Those agendas include wars with Russia and China, to destabilize the ruble and the yuan, and to protect the financial empires of both the international elite, and the American elite.

Looking at the tensions building up with Syria and Russia, I would not be surprised to see a reinstitution of the draft in this country, and sooner rather than later; but this one will be coming not only for America's sons, but for America's daughters as well.

President Trump has, since his inauguration, proven himself to be totally impotent against the American Deep State, and has done so many flip-flops on domestic and international policies to please his new masters, that it nearly gave me whiplash in watching these position reversals.

What we will see with this man's administration, will be more wars; more state surveillance at every level; more Americans dying and getting maimed for life, for the pursuit of these wars, which are always economic in nature; and more income inequality.

Apr 15 09:28

NSA code that can break into any Windows computer is released b yhacking collective that claims spy agency spie penetrated Mideast banking networks

TheShadowBrokers, which startled the security experts last year by releasing some of the NSA's hacking tools, has recently resumed pouring secrets into the public domain.

In a first for TheShadowBrokers, the data includes PowerPoint slides and purported target lists, suggesting that the group has access to a broader range of data than previously known.

'This is by far the most brutal dump,' said Comae Technologies founder Matt Suiche, who has closely followed the group's disclosures and initially helped confirm its connection to the NSA last year.

In a blog post, he said it appeared that thousands of employee accounts and machines from the EastNets' offices had been compromised and that financial institutions in Kuwait, Bahrain and the Palestinian territories had been targeted for espionage.

Apr 15 09:12

SEC alleges insider trading tied to GCI, Liberty deal

Unknown traders with inside knowledge of the coming acquisition of Alaska telecommunications company GCI reaped more than $1 million in insider trading profits when the deal was announced, the U.S. Securities and Exchange Commission alleged this week.

In a complaint filed Thursday in U.S. District Court in Manhattan, the SEC is suing "one or more unknown traders," either foreign traders or traders using foreign accounts, who the agency says bought GCI options "while in the possession of material, nonpublic information concerning the proposed acquisition of GCI."

The SEC announced Friday an emergency court order to freeze assets in two foreign brokerage accounts associated with the allegations.

Apr 15 09:03

HELP! French farmer mows ‘message of despair’ in wheat field

A French farmer has mown the giant letters HELP into his wheat field, hoping presidential candidates will handle the agricultural sector crisis. He says the authorities are “deaf” to farmers’ anger, but hopes they won't be blind to his “message of despair.”

“Political leaders do not listen to us,” Jacques Fortin from Athée-sur-Cher commune in central France told AFP. “They're deaf to our anger. I hope they're not blind and will read this message of despair.”

Apr 15 08:12

Pawn America files for Chapter 11 bankruptcy protection

Burnsville-based Pawn America Minnesota filed for Chapter 11 bankruptcy protection this week, succumbing to surging competition from online competitors and other factors shaking up the retail sector.

The company — which operates 23 pawnshops in Minnesota, Wisconsin and the Dakotas, including one in Duluth — reported on Wednesday that it owes between $10 million and $50 million to fewer than 1,000 creditors.

Apr 15 08:09

U.S. OIL ASSETS COULD FALL INTO RUSSIAN HANDS IF VENEZUELA DEFAULTS

If Venezuela defaults on its debt obligations, it could result in Russia taking control over U.S. refining assets, leading to more Russian “control over oil and gas prices worldwide,” which would “inhibit U.S. energy security, and undermine broader U.S. geopolitical efforts.”

That is the warning from two members of Congress, Reps. Jeff Duncan (R-SC) and Albio Sires (D-NJ). The two Congressmen sent a joint letter to the U.S. Secretary of Treasury Steven Mnuchin, requesting his attention on the matter. A bipartisan group of six U.S. Senators also requested a response from Secretary Mnuchin on the matter.

They cite the fact that Russia’s government-backed oil company, Rosneft, gave Venezuela’s state-owned oil company, PDVSA, a $1.5 billion loan. As collateral, PDVSA offered up 49.9 percent of Citgo, a subsidiary of the Venezuelan oil company. Citgo owns three refineries in the U.S., along with pipelines and retail gas stations.

Webmaster's Commentary: 

So, what do these Congressmen suggest, as Venezuela melts down politically, economically, and socially?!?

An invasion and occupation, perhaps, to keep these assets from falling into Russian hands, just at the point where the Venezuelan military can no longer control the anger of the Venezuelan people, who see themselves as thoroughly betrayed by their government?!?

Yes, such action would be officially horrible; but the US government has got to look at its own complicity in insuring that the Venezuelan government would ultimately fall, before it whines and complains about this possible outcome from that complicity.

Venezuela sanctioned by the US for trading with Iran, 2011

Venezuela declared a national security threat, 2015

This is yet another example of the US government having a pathological inability to think anything through to its logical conclusion.

If the US government wanted Maduro's "Bolivar Republic" to fail, they should have known that this default was going to become one of the downsides of that economic/social failure.

Apr 15 08:08

Debunking The Washington Post’s Latest Outrageous Attacks On Social Security

A just-released report from the Center for American Progress (CAP) reveals that, once again, the “serious people” in Washington are weaponizing shoddy, inaccurate data to stoke false claims about Social Security. The CAP report exposes The Washington Post’s misuse of data to inflate the numbers of working-age Americans receiving Social Security disability insurance benefits.

Apr 15 07:42

New leak suggests NSA penetrated Mideast banking networks

A new set of documents purportedly lifted from the U.S. National Security Agency suggests that American spies have burrowed deep into the Middle East's financial network, apparently compromising the Dubai office of the anti-money laundering and financial services firm EastNets. The company said Friday the documents were dated and denied that any customer data had been affected.

TheShadowBrokers, which startled the security experts last year by releasing some of the NSA's hacking tools, has recently resumed pouring secrets into the public domain. In a first for TheShadowBrokers, the data include PowerPoint slides and purported target lists, suggesting the group has access to a broader range of information than previously known.

Webmaster's Commentary: 

Imagine my (complete absence of) shock!!

Apr 15 03:55

The Fed Just Communicated The Collapse Of The Economy Is Imminent

Umich confidence rebounds. Those who are making more than 100K a year are worried about defaulting on loans. US homeowner cannot afford a 4% mortgage and the Fed is continually raising rates, this will become a disaster.

Apr 15 03:39

The Murky Situation Of U.S. Employment Status Explained In Five Charts

“If one exclusively listened to rhetoric about the U.S. labor market without checking the data, it'd be tough to tell exactly how things are going. On the one hand, Federal Reserve Chair Janet Yellen and several of her colleagues have suggested the American job landscape is nearing full employment and is almost as good as it could reasonably be.

Apr 14 20:44

The DoD Has No Idea How Much The Mother Of All Bombs Costs

The giant bomb U.S. forces dropped Thursday on an ISIS training camp in Afghanistan did not cost $314 million to develop, or $16 million per unit as reported by multiple news outlets.

Every news report about cost of the “Mother of All Bombs” relied on a misreading of a 2011 article or a dubious internet website that InfoWars once linked to with a “healthy bit of skepticism.”

The actual cost of the bomb is unknown. The actual cost of the program isn’t publicly available because the Mother of All Bombs, officially known as GBU-43 or the Massive Ordnance Air Blast (MOAB), is manufactured by the military and not a private defense company.

In fact, the Air Force doesn’t even keep track of the per unit cost, nor the cost of the program as a whole, because it is not manufactured privately.

Apr 14 19:53

Pharmaceutical giant planned to destroy stocks of cancer drugs to force price hike – report

One of the world’s leading drug companies considered destroying its stockpiles of life-saving cancer medicines and allegedly created artificial shortages in its attempts to profit from price hikes, the Times reports.

The South African Aspen Pharmacare drug company nurtured a plan of destroying its own cancer medicine supplies during its row with the Spanish health service in 2014. It sought to push a price increase for its products amounting to 4,000 percent, the Times reports, citing the company’s internal emails it obtained.

Apr 14 15:29

OLD WEST LEGENDS Charles Goodnight - Blazing the Cattle Trails

Co-founder of the Goodnight-Loving Trail, Charles Goodnight was born in Mocoupin County, Illinois on March 5, 1836. Charles moved with his family to Waco, Texas in 1846 when he was ten years old. By the time he was twenty he was working as a cowboy and served with the local militia in the many fights against Comanche raiders. In 1857, he joined the Texas Rangers, where he continued to fight in the Indian Wars and served as an Indian scout. Later, when the Civil War began, he again served as a scout.

After the war, Goodnight joined up with Oliver Loving to move cattle from Fort Belknap, Texas to Fort Sumner, New Mexico, in what became known as the Goodnight-Loving Trail.

Apr 14 15:21

6 Legendary Mountain Men of the American Frontier

Before the mass migrations of the mid-19th century, some of the only non-natives to venture into the vastness of the American West were small bands of fur trappers, traders and explorers known as “mountain men.” These grizzled, self-sufficient woodsmen helped blaze many of the overland trails later used by the pioneers, and stories of their larger-than-life exploits often became the stuff of legend back East. Find out more about the lives of six adventurers who made their mark on the American frontier.

Apr 14 15:14

John Rubino: The Future of Solar Energy Stocks

The frustration out there is palpable. Skim the comments sections of popular financial sites like Zero Hedge or Seeking Alpha and you’ll see gloom-and-doomy articles drawing responses like “You’ve been saying the same %^#&*! thing for years…he’s a broken clock…this is just scare mongering.” And those are the polite responses.

Apr 14 14:58

What Impact is the Digital World Having on the Gig Economy?

Recent studies and projections have proven that the gig economy is rising on an international level. Unlike decades ago, people are now able to earn income on websites, apps, and other online platforms.

Apr 14 14:29

We are living in a hope driven, profoundly abnormal society. People don’t realize it, but danger is lurking just over the horizon.

The Fed’s balance sheet will not be growing unless we have another market crash. GDP barely grew in the 1st quarter. Stock valuations are at all-time highs. The auto industry has begun to implode.

Apr 14 11:14

Here’s Italy’s Latest Plan B Where Desperation Meets Insanity

Selling securities backed by defaulted loans to NIRP refugees.

Apr 14 10:49

Congress Panics As US Oil Assets Could Fall Into Russian Hands If Venezuela Defaults

If Venezuela defaults on its debt obligations, it could result in Russia taking control over U.S. refining assets, leading to more Russian “control over oil and gas prices worldwide,” which would “inhibit U.S. energy security, and undermine broader U.S. geopolitical efforts.”

Apr 14 10:47

How Military Decisions Are REALLY Made

Here’s how the U.S. actually makes decisions on when to go to war:

First. Decisions are made based – not upon defense – but upon gaining economic and geostrategic advantage.

For example, America has a policy of using the military to contain China’s growing economic influence – and of considering economic rivalry to be a basis for war.

And many recent battles are really pipeline wars.

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