ECONOMY | WHAT REALLY HAPPENED

ECONOMY

May 29 07:50

HUNGER GAMES: New BBC Game Show Pitting Poor Against Poorer

The BBC is currently casting for a new show that seeks to pit the unemployed and low-paid workers against one another to win a cash prize.

The contestants will be expected to ‘prove‘ themselves, much like those in Suzanne Collins‘ hit series The Hunger Games. A representative from the production company elaborated and stated that ‘people will be put to the test in a series of challenges and tasks’.

May 29 07:49

Greek crisis: Grexit inches closer as Christine Lagarde pours cold water on IMF deal

International Monetary Fund chief Christine Lagarde has refused to rule out a possible Greek exit – or Grexit – from the eurozone.

Lagarde told German newspaper Frankfurter Allgemeine Zeitung that she could not "preclude" a Greek exit, after four months of tortuous bail-out talks that have failed to get both sides closer to a deal to release aid to the country.

Webmaster's Commentary: 

Frankfurter Allgemeine Zeitung later erased Lagarge's comment out of fears it might cause a stock market drop.

May 29 07:47

An Excellent American Orator.

May 29 07:45

Bill Holter - Fed Will Not Be Able to Put Out This Fire

Will the U.S. be forced to do an audit to verify its 8,000 tons of gold if the Chinese reveal how much gold they have? Holter says, “The market place will say do an audit or we will keep selling the dollar. You very well could see an implosion. I have said for many years now that there is going to be an implosion. You are going to go to bed Friday night in a world that resembles the current reality, and you wake up Monday morning and everything has changed. You will be locked into your position. Markets are closed. . . . Think about the brokers or banks that have a huge amount of derivatives. . . . The top two banks in the world alone have $150 trillion in derivatives. The amount of collateral they need to post to keep the game going overnight could be in the hundreds of billions of dollars. Where are they going to get that from? The Fed will not be able to put out this fire.”

May 29 07:30

“Your Money or your License!” New laws revoke licenses over student default

While Americans are busy entertaining themselves and hating each other, bankers and their stooges in government are busting out all the legal screws needed to make sure that their casino capital ponzi scheme elicits perfect results against an increasingly “educated” population.

They want 100% efficiency and they’re not afraid to do what’s necessary to force you to “pay them back,” for the money they created from thin air, the moment you signed your life away, so you can “learn more to earn more,” through their government subsidized student loan racket.

May 29 05:55

Gold Will Continue To Show Up As Money

May 29 04:57

Why the Fed Will Have to Raise Interest Rates

May 29 01:48

Bull Market Dealt A Significant Blow?

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May 28 18:14

Another Recession in 2015?

May 28 17:50

Letting corporations sue governments protecting the environment is no way to solve the water crisis

Salvadorans are currently awaiting a ruling in a six-year legal battle initiated by Vancouver-based mining company Pacific Rim and now pursued by the Canadian-Australian firm Oceana Gold, which acquired Pacific Rim in 2013. In spite of the fact that Pacific Rim had failed to meet Salvadoran regulatory requirements, the company is suing El Salvador for USD $301 million for not having granted them a permit to operate a gold mine. The case is being heard at the World Bank's International Center for the Settlement of Investment Disputes (ICSID), which exists outside of national jurisdiction. Its mandate is to examine the rights of foreign investors without taking into consideration domestic human rights, labour and environmental laws.

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May 28 15:59

Euro-Dollar Parity is Back on the Table

May 28 15:48

UK economy has officially slowed after ONS confirms no change to disappointing GDP that grew just 0.3% at the start of the year

A slowdown in the growth of the UK economy that took experts by surprise and was expected to be revised higher has been confirmed today.

Economists had hoped that the Office for National Statistics would raise its estimate of UK growth from 0.3 per cent to 0.4 per cent when it announced its second reading of data this morning, but there has been no change on last month's first reading.

The first estimate is based on less than half of the data that eventually make up the GDP reading, while the second takes in far more.

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May 28 15:28

JPMORGAN to cut more than 5,000 jobs

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May 28 13:46

Lehman boss to launch stock exchange this summer

Former Lehman Brothers chief Dick Fuld spoke publicly for the first time on Thursday in part to pave the way for this summer's relaunch of the National Stock Exchange, which Fuld part owns, his business partner told USA TODAY.

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May 28 13:44

J.P. Morgan Chase To Lay Off More Than 5,000

May 28 13:16

Meet the BLICS – New Source for Phony Dollar Support – By Jim Willie

The aggravated global financial situation is working toward a series of powerful climax events. The various USDollar platforms are either undergoing seizure or suffering from abandonment by primary players. The grand Reich Finance application is failing finally, with extraordinary lies, propaganda, market rigging, doctored statistics, and $trillion patches leaking. The Western banking system is being lashed at another level, after the multi-lateral lashing with derivatives tied the big Western banks all together following the Lehman killjob in 2008. A new global lashing has begun to show itself, yet another obscenity. Witness the export of QE globally by the USFed via the unlimited vast Dollar Swap facilities (massive slush funds). The new 5 BLICS nations under Western thumb are being used to purchase huge tracts of USTreasury Bonds, surely using Dollar Swap funds, on behalf of the USFed master criminal organization.

May 28 12:13

Your Retirement Plan Is Probably Wrong

May 28 11:45

Only Dirty Deeds Recorders Like Kent County DE's Betty Lou McKenna Restrict Media Access and Cameras.

Monday, May 18, 2015
KingCast and Mortgage Movies See Kent County Delaware Register of Deeds Betty Lou McKenna, Holly Malone and Attorney John Pardee Attempt to Truncate Discovery with Bullshit Dispositive Motions.

Media. Just like KIRO 7 only smaller.
Access, because it is Constitutional.
This is simple stuff, folks.

Today's email to Counsel for Defendants:
Good Day Counselors and media,

I. Offer of Proof Video in Production.

I left the Bat Cave this afternoon to document that which common sense tells us. If you don't get it now you never will. Fortunately Jon Scherer, Recording Manager of King County gets it.Stay tuned for the video link and the Court filing.

II.
Voluntary Dismissal of Negligent and Intentional Emotional Distress Claim.
That is self-explanatory. Document and Proposed order forthcoming.

III. Modification to Motion for Partial Summary Judgment.

May 28 11:43

Generational Transfer of Wealth

May 28 11:40

US containerized exports have plunged off the chart

The good news – if you can call it that: US containerized ocean export activity in April inched up 2.8% from March. It was the first uptick all year, according to the Cass/INTTRA Ocean Freight Index. But in the prior months, the index had plunged to its worst level in the data series going back to the end of the Financial Crisis.

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May 28 11:03

Is US Trade Rep a Wall Street Crony? Groups Demand Transparency

Public interest watchdogs say Americans deserve to know what US top trade negotiator Michael Froman 'has been privately saying to big banks'

May 28 11:03

The TPP, Monsanto, Rockefeller, Trilateral Commission, Brzezinski

By Jon Rappoport

All hands on deck for global, economic, corporate dictatorship.

There are dots to connect here. They’re real, and they’re spectacular.

Let me begin with a brief exchange from a 1978 interview, conducted by reporter Jeremiah Novak. He was speaking with two American members of the Trilateral Commission (TC), a group founded in 1973 by David Rockefeller and his intellectual flunkey, Zbigniew Brzezinski...

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May 28 10:40

The Bernie Sanders Save the Children Fund

Meet Hanna. Hanna wasn't always hungry – but then Old Spice released its Red Zone Aqua Reef Sweat Defense Solid. Now she’s starving.

"You don't necessarily need a choice of 23 underarm spray deodorants or of 18 different pairs of sneakers when children are hungry in this country." - Sen. Bernie Sanders

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May 28 10:15

With IMF Approval, China Nears Global Reserve Status: “There Will Be a Reset of the Financial Industry”

The world is anticipating a new global reality with huge implications: China’s yuan is poised to get recognized as a global reserve currency.

The IMF just gave is approval to bump China's global status via the yuan:

China’s yuan currency, which Washington has long alleged was manipulated, is “no longer undervalued”, the International Monetary Fund said Tuesday.

Read more at SHTFplan.com.

May 28 10:14

Bankers Plan Secret London Meeting To End Cash

May 28 10:11

It's Official: Austria Repatriates Gold, Confirms Loss Of Faith In Bank Of England

One week ago, the world was not exactly shocked to learn that after Germany and the Netherlands, one more country had unofficially joined the ranks of nations who have seen this all before and know how it ends, when reports emerged that Austria would repatriate 140 tons of gold from the Bank of England (appropriately immortalized in "this is what happens when you hand your gold over to The Bank of England for "safekeeping".) As of today, it is official.

May 28 09:54

U.S. Dollar Defies Lopsided Sentiment

May 28 09:36

Goldman Sachs Bearish on Bonds and Oil

May 28 09:32

China’s New Roads to Russia

I know of no comparable global Great Project to equal what is now unfolding, bit-by-bit, as China reveals more about her Silk Road Economic Belt high-speed railway infrastructure network. And it’s now clear that the road will be filled with entire new cities, industrial zones, construction, improving standards of living for hundreds of millions of people previously abandoned. The implications for founding a new global alternative to the bankrupt dollar system are immense.
First appeared: http://journal-neo.org/2015/05/28/china-s-new-roads-to-russia/

Webmaster's Commentary: 

The US is now facing the consequences of handing over control of the currency to a private central bank in 1913.

May 28 09:12

Monsanto Employee Admits an Entire Department Exists to “Discredit” Scientists

Dare to publish a scientific study against Big Biotech, and Monsanto will defame and discredit you. For the first time, a Monsanto employee admits that there is an entire department within the corporation with the simple task of ‘discrediting’ and ‘debunking’ scientists who speak out against GMOs.

The WHO recently classified glyphosate, a chemical in Monsanto’s best-selling herbicide Roundup, as carcinogenic – news that is really heating things up with biotech. So Monsanto has been demanding that the World Health Organization (WHO) and the International Agency for Research on Cancer (IARC) retract their statements about the poisons’s toxicity to human health.

May 28 08:05

Gold Manipulation 101

By Dave Kranzler

"There are no markets anymore, only interventions." – Chris Powell, GATA

The Comex bullion banks have a problem going into first notice day tomorrow (delivery notices start going out this evening). Preliminarily, as of yesterday’s Comex close, there were still 33,000+ open June contracts. This represents the potential of 3.3 million ounces of gold standing for delivery vs. 372k ounces of gold reported to be available for delivery...

May 28 07:35

Bankers plan secret London meeting to 'end cash'

May 28 07:03

Something BIG Is About To Happen To Silver

May 28 05:47

Amazon is Hiring! Company Takes on 6k New Full-Time Employees

The economy may be slowing down the progress of some retailers, but online giant Amazon seems largely unaffected by slowing sales in the first quarter of 2015.

May 28 03:57

A Bankster Think Tank "To Help Educate the World"

JPMorgan Chase & Co has launched the JPMorgan Chase Institute, a think tank.

May 27 19:38

Why Stocks will Crash

The S&P 500 currently stands at 2,126, fractionally below its all-time high. It is now 300% above the 2009 low and 34% above the 2008 and 2001 previous highs. Most people believe this is the new normal. They are comfortably numb in their ignorance of facts, reality, the truth, and the inevitability of a bleak future. When the herd is convinced progress and never ending gains are the norm, the apparent stability and normality always degenerates into instability and extreme anxiety. As many honest analysts have proven, with unequivocal facts and proven valuation measurements, the stock market is as overvalued as it was in 1929, 2000, and 2007.

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