ECONOMY | WHAT REALLY HAPPENED

ECONOMY

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Jun 10 14:44

George Osborne to start selling off Royal Bank of Scotland

The Royal Bank of Scotland is returning to private hands, bringing to an end one of the most dramatic interventions of the banking bail-outs nearly seven years ago, the Chancellor announced on Wednesday night.

Jun 10 14:13

Fed At Risk Of Missing Window To Hike Rates

Jun 10 14:13

Can Stocks Keep Rising as Rates Go Higher?

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Jun 10 13:40

U.S Treasury Hints at "Sacrifices" In Exchange for Restructuring of Ukranian Debt

U.S. Treasury officials warned that everyone would have to make sacrifices if the IMF were to continue funding Ukraine, but said that it would be in everyone’s best interest.

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Jun 10 13:00

The S&P 500 Is Pushing Its Limits!

Jun 10 13:00

What Happens To Stock Prices After Layoffs

Jun 10 12:25

Obama Admin Will Forgive Up To $3.6 BILLION In Student Loans

The Department of Education announced Monday that it is implementing a plan to forgive as much as $3.6 billion in student loans given to students attending schools affiliated with the defunct for-profit college chain Corinthian Colleges.

Jun 10 11:53

Graduate Gifts $400M to Harvard

Recently, Harvard received the largest monetary donation in the school’s history, $400M.

Jun 10 11:52

66% of U.S. Workers Don’t Take Parental Leave

It seems that American workers are reluctant to take time off from work, even after the arrival of a new baby. Nearly two-thirds of full-time employees (63%) who are parents did not take paid parental leave in the U.S.

Jun 10 11:17

BILDERBERG GROUP’S TRANSHUMANIST CORPORATE COMMUNISM

The elusive, secretive Bilderberger Group is set to meet this week in Watford, England with plans to reportedly hand the “baton” of leadership on to Google. I recall back in 1999 first reading about the Bilderberg Group on an obscure conspiracy site now long gone. At that time, if you mentioned the Bilderberg Group or other leftist elite combines, you were considered insane. Indeed, even a few years ago, major news and so-called “conservative” news refused to mention Bilderberg, with neo-con talkmongers cowering to what they falsely consider capitalism. While it may be considered a good sign that Bilderberg is now appearing in mainstream news due to sites like Drudge and Infowars forcing the elite entity into public view, Bilderberg is still able to hide behind a mask of so-called capitalism.

Jun 10 11:12

Friday Vote: Congress Rushing the TPP Through Even Though They Know Americans Will Lose Their Jobs

There's nothing free about free trade.

The only reason Congress is holding out to vote on the TPP until Friday according to Politico is "They’re trying to resolve a last-minute hangup over aid for workers who lose their jobs to free trade":

House leaders, confident but not yet certain they have the support to pass sweeping trade legislation, are aiming to bring the package to a floor vote by the end of this week — even as they rush to resolve a last-minute hangup over how to pay for aid to displaced workers.

This means Congress is WELL AWARE a lot of people are about to lose their jobs once the TPP that none of us have even gotten to read goes through...

(read more)

Jun 10 10:46

Too Soon to Raise Interest Rates?

When the Federal Reserve’s Federal Open Market Committee meets next week, higher interest rates are sure to be on the agenda. In an effort to reduce unemployment in the wake of the recession, the Fed has held rates at historic lows. Some observers believe that the economy has recovered sufficiently to raise rates at some point this year. While the unemployment rate has fallen since the highs of the recession, a new paper from the Center for Economic and Policy Research indicates that the labor market is still far from a full recovery.

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Jun 10 10:20

The PetroYuan Is Born: Gazprom Now Settling All Crude Sales To China In Renminbi

Russia’s third-largest oil producer, is now settling all of its crude sales to China in renminbi, in the most clear sign yet that western sanctions have driven an increase in the use of the Chinese currency by Russian companies.

Russian executives have talked up the possibility of a shift from the US dollar to renminbi as the Kremlin launched a “pivot to Asia” foreign policy partly in response to the western sanctions against Moscow over its intervention in Ukraine, but until now there has been little clarity over how much trade is being settled in the Chinese currency.

Gazprom Neft, the oil arm of state gas giant Gazprom, said on Friday that since the start of 2015 it had been selling in renminbi all of its oil for export down the East Siberia Pacific Ocean pipeline to China.

Jun 10 10:19

Disney Blacklisted Displaced American Workers

The American tech workers Disney laid off in January after forcing them to train their foreign replacements were put on a “black list” that disqualified them from hire by any contractor that works with Disney, emails obtained by The Daily Caller News Foundation between one of the laid off workers and a recruiting firm show.

The worker, who asked to remain anonymous because he is waiting on legal advice, learned of the black list when he sent his resume and performance review to a local IT recruiting firm that wanted to place him with a company contracting with Disney.

Webmaster's Commentary: 

Looks like there is a bit of rat in Mickey Mouse's family tree!

Jun 10 10:14

Why are Congressmen Signing Non-Disclosure Forms on Obama’s Secret Treaty?

Those who have been to this classified room to read it cannot discuss; and, it has been stated, most recently by Rep. Jeff Duncan (R-SC), that members of Congress are required "to sign a non-disclosure agreement" that assures no member who has read it will discuss it.

According to former Arkansas Governor and potential 2016 presidential candidate Mike Huckabee, "Obamatrade is a secret deal that most members of Congress who support it admit they haven't been to the secret room to read the secret deal."

Jun 10 09:21

April's Enormous, Humongous Trade Deficit Was $40.9 Billion

The U.S. Census Bureau reported Tuesday that the April goods and services trade deficit was an enormous, humongous $40.9 billion, down from an enormouser, humongouser $51.4 billion in March. (March was revised to $50.6 billion in today’s report.)

Jun 10 08:55

A Derivatives Bomb Exploded Within The Last Two Weeks

Something deep and dark has transpired behind the Orwellian “curtain” used by the elitists to hide the inner workings of the financial markets, especially with regard to big bank balance sheets and OTC derivatives. What’s happening right now reminds of the movie “Jurassic Park.” You can hear and feel the monster coming but you can’t see it yet and you don’t know it will pop up in your face or how big it is.

Jun 10 08:53

TIGTA: IRS Can’t Verify Qualifications For Obamacare Subsidies

In response to the delays in receiving required Exchange Periodic Data submissions, the IRS developed contingency plans in an effort to improve its ability to ensure the accuracy of PTC claims. However, without the required enrollment data from the Exchanges, the IRS will be unable to ensure that all taxpayers claiming the PTC bought insurance through an Exchange as required.

Webmaster's Commentary: 

Is there anything about Obamacare that is actually working? Anything at all?

Jun 10 08:50

The Public’s Illusions Are About To Be Crushed As The Biggest Ponzi Scheme In World History Implodes

Today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events warned King World News that the public's illusions are about to be crushed! He also warned that a major panic is coming as the world is rocked by global financial chaos.

Jun 10 08:35

Gold Bashers – Just For You!

Jun 10 07:58

Despite G7 propaganda, it's clear Russia has better things to do than start WW3

Instead of a real G7, we have a farce. An American dominated talking shop where the US President allows 'friendly' foreign leaders to tickle his belly for a couple of days. There is no dissent. Washington's dominance goes unquestioned and everyone has a jolly time. Especially since they kicked out Russia last year - Vladimir Putin was the only guest who challenged the consensus.

Jun 10 06:54

IRS EMAILS ADMIT THEY KNOW TARGETING ACTIVISTS IS WRONG BUT DON'T CARE

The DOJ won't prosecute IRS official Lois Lerner for contempt! Ronald Machen, the former U.S. attorney for the District of Columbia, told House Speaker John Boehner in a seven-page letter this week that he would not bring a criminal case to a grand jury over Lerner’s refusal to testify before the House Oversight and Government Reform Committee in March 2014.

Jun 10 03:03

Is This Why U.S. Treasuries Are Diving?

Jun 09 22:55

Food Banks in NYC Are Running Out of Food

Despite the media’s claims that we’re no longer in a recession, millions of Americans are still struggling to make ends meet. It seems that America has developed a permanent underclass of citizens that just can’t quite rise above their poverty. No matter how high home prices rise or how far the stock market soars, the profits never seem to trickle down to this segment of society.

If you’re looking for proof that this permanent underclass exists, look no further than the massive number of people who still rely on food stamps and food pantries to survive. In fact, their ranks may be growing, which is starting to cause some food pantries to run out of resources on a regular basis. In New York City, 1.4 million residents eat at food pantries (out of a total population of 8.5 million), a number which is currently growing 20% every year.

(read more)

Jun 09 21:23

Collapse: HSBC To Fire 50,000

Jun 09 19:12

What You Don’t Know about the Federal Reserve System

Waking Times

What is the federal reserve system? How did it come into existence? Is it part of the federal government? How does it create money? Much of the public is kept in the dark about these important matters. In this feature-length documentary film, The Corbett Report explores these important questions and pulls back the curtain on the US Federal Reserve Bank.

Jun 09 16:03

Global Trade War US/EU against BRICS

Do not be confused. Globalists whether Wall Street capitalists, corporatists, collectivist authoritarians or devoted internationalists, all share a common mindset – a worldwide financial system must control commerce and dictate economic activity. Under this formula, trade has little to do with free market transactions. Monopolies are the rule and real competition is fatal. So when the financial press emphasizes the difference between the IMF – World Bank faction and the newly aligned BRICS association, the conclusion usually misses and ignores that all the players are part of a globalist cabal committed to a New World Order.

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Jun 09 15:23

ETF investors abandoning gold in droves

Jun 09 14:58

Alexis Tsipras - Let’s not be fooled

After five years, we need a definitive solution, both for Greece and for Europe. A solution that will put an end to the policy of unrealistic surpluses and austerity and which will ensure the sustainability of the Greek debt.

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Jun 09 11:24

Student Loan Debt Could Destroy Your Retirement

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Jun 09 11:03

MEET RCEP: YET ANOTHER BIG BAD TRADE AGREEMENT NO ONE HAS HEARD OF

Between the ten member states of the Association of Southeast Asian Nations (ASEAN) (Brunei, Burma (Myanmar), Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand, Vietnam) and the six states with which ASEAN has existing FTAs (Australia, China, India, Japan, South Korea and New Zealand). RCEP negotiations were formally launched in November 2012 at the ASEAN Summit in Cambodia.

Jun 09 10:52

MORE BANKER DEATHS: GILLIGAN AT AMERICAN EXPRESS, NOYCE AT GOLDMAN SACHS, AND 29-YEAR-OLD THOMAS J. HUGHES

Governments, and the lamestream media, do not appear to be interested.

Jun 09 10:42

Obama blasts Supreme Court for accepting challenge to health care law

President Obama assaulted the nation's top court and seemed to criticize the U.S. legal system as a whole Monday, with the former constitutional law professor declaring that the Supreme Court was wrong to even accept a challenge to his signature health care reform law and deriding the fact that an “individual district court judge” was able to derail his deportation amnesty.

Webmaster's Commentary: 

Obama's getting too big for his britches! He seems to forget that as the head of the Executive Branch, his job is to execute the will of the Congress, but only after the Supreme Court verifies the Constitutionality of the law. The President presides, he does not dictate. Obama has forgotten that simple rule.

Jun 09 10:37

Harper Shrugs as Foreigners Snap up Canadian-Owned Companies

While many Canadians are distressed by the loss of iconic Canadian companies like the Hudson's Bay Company and Tim Hortons, the same can't be said of our governments. They have mechanisms at their disposal to stop the wholesale sell-off of our nation, but they fail to act. Under Stephen Harper, we have continued to bid goodbye to far too many of our home-grown success stories. How will we ever recover these assets when they are gone?

Jun 09 10:30

Carbon Credits: The Future World Currency

You know, those predatory loans globalists offer 3rd world countries knowing they will never be able to produce a high enough GDP to even service the interest on the debt, let alone the principle? Then just like with every other situation in regards to this scam, once they fail to pay back the loans, the IMF and World Bank take control of all the resources and production, and give it back to industrialized countries’ corporate entities.

Finally, as a solution, a conference or summit is formed, usually by none other than, the U.N. The conference is held and blame is put on the super powers for the “rise” in greenhouse gasses and ocean temperatures.

The solution? Implement one of two options, or possibly a mix of the two.

Jun 09 10:21

BILDERBERG & TRADE TREATIES: THE SHADOW GOVERNMENT THAT RULES THE WORLD

Julian Assange and Wikileaks exposed part of the secret behind Obama’s Trans Pacific Partnership, which leading Republicans signed. Senator Jeff Sessions, a Republican from Alabama, was one of the few senators who publicly challenged the secret Obama treaty that, according to the 17 documents released by Wikileaks, will cover over 80% of the U.S. economy and create what Sessions called “global governance,” establishing a global government without the knowledge or consent of the America people.

Jun 09 10:18

Deutsche Bank Offices Raided By Authorities

Just two days after Deutsche Bank co-CEOs Anshu Jain and Jürgen Fitschen announced their resignations, the bank's offices in Germany, France, and the UK have been searched by authorities.

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