ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Aug 24 09:03

MEDIA WORRIED TOO MANY AMERICANS WILL QUESTION LEGITIMACY OF 2016 ELECTION, BLAME TRUMP

2016 is the year many, many Americans began to question whether or not our elections, and to a lesser extent, our democracy (insert “it’s a constitutional republic, big difference!” here) are rigged. As I’ve argued many times in the past year, there is plenty of evidence suggesting these skeptical Americans are, indeed, onto something with their suspicions.

But the corporate media has come out in defense of America’s “democracy” - and political elites are defending the system, too. In the wake of Trump’s recent rhetoric regarding the “rigged” system, the ruling class of the United States is peddling the fiction that somehow Trump’s irresponsible sensationalism is solely to blame for the newfound feelings of illegitimacy plaguing our elections.

Take, for example, Monday’s POLITICO piece entitled “What if Trump won’t accept defeat?”:

Webmaster's Commentary: 

Let's take a look at reality, shall we, folks?!?

And the reality, as demonstrated by the following articles and videos, is that voting machines are very easy to hack.

America’s Electronic Voting Machines Are Scarily Easy Targets

HOW I HACKED AN ELECTRONIC VOTING MACHINE

The Black Box Voting Machines


Voting machine password hacks as easy as 'abcde', details Virginia state report

How Easy It is To Rig Voting Machines

The list of videos and reports on this subject goes on an on.

But how do we stop this?!?

Easy.

Go back to paper ballots, and make sure it is very easy for citizens in all states to get a simple voter ID.

THAT would cure the problem, and immediately.

Americans have every right to be suspicious of the voting process in this country. Anyone remember what happened in 2000, when the Presidency of the United States was "awarded" to George Bush bu the US Supreme Court, after the debacle in Florida, as dramatized in the film, "Recount"?!?

I rest my case.

Aug 24 08:45

VENEZUELA’S LATEST RESPONSE TO FOOD SHORTAGES: BAN LINES OUTSIDE BAKERIES

The tragedy of Venezuela continues unabated, but that doesn't mean the government of President Nicolás Maduro has stopped trying to fix problems like the devastating scarcity of food which has led to malnutrition, riots, food truck hijackings, vigilante lynchings of petty thieves, and the starvation of zoo animals.

No, Maduro hasn't admitted the failure of Chavismo — the brand of Bolivarian socialism imposed on the oil-rich country by his late predecessor Hugo Chavez — instead, Venezuela's embattled leader has launched a war on "anxiety."

The National Superintendency of Fair Prices has reportedly instituted a policy of fining bakeries that allow lines to stretch out their front doors, according to PanAmPost. The head of this particular bureaucracy, William Contreras, claims the lines aren't a true indicator of a severe shortage of bread, but rather, a political "strategy of generating anxiety."

Webmaster's Commentary: 

One issue this report assiduously ignores is the reality of US sanctions against Venezuela, which were renewed on 6 March of this year. As reported at presstv.com on 6 March of this year:

US declares Venezuela a ‘threat’, renews sanctions against Caracas

I'm just more than a little baffled; how in the nave of heaven can Venezuela be characterized as a "threat" when its oil-based economy is going down in flames right now, because of the steep depression in oil prices?

Should we not, as an allegedly compassionate nation, actually be offering at least food aid to starving Venezuelans?!?

Apparently, what the Obama administration wants here is regime change, and badly, in Venezuela, so they are delighted that the Venezuelan people are so miserable that they might well revolt against their current government, so someone to the US government's liking can come to power.

That appears to be the game plan for now.

Aug 24 08:40

France facing multi-billion euro ‘INDUSTRIAL CRISIS’ as tourism numbers plummet

TOURISM in France is at “industrial crisis” levels as plummeting visitor numbers could cost more than £1BILLION in Paris alone.

Aug 24 08:17

SOMEONE JUST PUKED $1.5 BILLION OF NOTIONAL GOLD

Makes perfect sense - someone just decided in keeping with their fiduciary duty, 0840ET was the perfect time to unleash $1.5 billion of gold notional into the futures markets....

Over 10,000 contracts dumped in 1 minute... "normal"

Aug 23 21:57

Insulin price spike leaves diabetes patients in crisis

A massive spike in insulin prices is causing a health crisis for millions of diabetes patients who depend on the lifesaving drug, doctors say.

Now, after years of rapid increases having nothing to do with available supply and not matched elsewhere in the world, those in the U.S. insulin supply chain are blaming each other.

Aug 23 21:49

HOMELESS CAMPS POPPING UP THROUGHOUT FRESNO COUNTY

A homeless camp just outside the city limits is full of people who said they have no place else to go. Fresno County Supervisor Henry Perea said the homeless are being driven into areas in the county because of the City of Fresno's homeless crackdown.

Aug 23 21:17

Legalise marijuana, say NZ economists

The New Zealand Institute of Economic Research - a group better known for its views on inflation targeting and GDP growth - says New Zealand should move "sooner rather than later" to legalise marijuana which would generate a net gain of $300 million to the government accounts.

Drawing on Treasury research which found that legalising could reap $150 million in new government revenue and reduce spending on drug enforcement by around $180 million, NZIER Principal Economist Peter Wilson concludes that legalisation, combined with heavy taxation, regulation and education would be a better way of reducing social harm from the drug.

"The result should be less use, considerable fiscal savings to the government and the removal of a valuable source of revenue for criminals," he writes. "Prohibition of marijuana, just like prohibition of alcohol before it, has been a costly failure."

Aug 23 15:15

DEBT RATIO TO HIT HIGHEST LEVEL SINCE 1950…

The national debt this year will jump to the highest level since 1950 relative to the size of the economy, the Congressional Budget Office reported Tuesday.

Aug 23 15:05

Sharp CEO Warns Of 7,000 Job Cuts….

Aug 23 14:44

Global Economic Reset Happening Now?

Aug 23 14:44

Washington Post: U.S. needs illegal immigrants for ‘washing dishes,’ ‘mowing lawns’

An editorial in the Washington Post on Tuesday slammed Donald Trump’s recent comments on restricting immigration and argued that people in the country illegally are needed for menial labor.

Aug 23 13:40

The Stressed-Out, Tapped-Out American Consumer

Aug 23 12:03

Brewing Collapse of the Western Monetary System? German Government Warns of an Upcoming Catastrophe, Tags Russia as an “Enemy Nation”

On a related note, against many Members of Parliament and several ministers, the German Bundeswehr (army) has declared Russia as an enemy nation. This is akin to a declaration of war. The head of the Foreign Affairs Committee of the Russian State Duma, Alexei Puschkow, has posted the Twitter message:

‘The decision of the German government declaring Russia to be an enemy shows Merkel’s subservience to the Obama administration.’

Webmaster's Commentary: 

I would like to say that things are looking up, geopolitically, and that peace may break out; unfortunately, I cannot say that with a straight face right now.

The best you can do is not panic, but prepare, as we have stated all along.

Make sure that you have storable food; potable water; and any medications which you (or your pets) may take safely stored as well.

Make sure your bug-out kit is up to date, and please do know your kids' school's policy for releasing them before the end of their school day, and under what circumstances they can go back to their parents before then.

Have a pre-approved gathering place, if people are separated, to regroup.

The more you take care of this now, the easier it will be to withstand a real crisis if the excrement does hit the ventilation shaft soon.

I am no Nostradamus; but looking at the gathering collection of tensions, geopolitically, I cannot bet against a major military confrontation, involving US troops, possibly well before the end of the year.

I hope to heck I am wrong, but that's what it feels like to me.

Aug 23 09:32

Ireland’s Biggest Bank Charging Depositors – Negative Interest Rate Madness

Deposits at Bank of Ireland are soon to face charges in the form of negative interest rates after it emerged on Friday that the bank is set to become the first Irish bank to charge customers for placing their cash on deposit with the bank.

Aug 23 09:14

REVEALED: ECB SECRETLY HANDS CASH TO SELECT CORPORATIONS

In June, the ECB began buying the bonds of some of the most powerful companies in Europe as well as the European subsidiaries of foreign multinationals. This pushed the average yield on euro investment-grade corporate debt to 0.65%. Large quantities of highly rated corporate debt with shorter maturities are trading at negative yields, where brainwashed investors engage in the absurdity of paying for the privilege of lending money to corporations. By August 12, the ECB had handed out over €16 billion in freshly printed money in exchange for corporate bonds. Throughout, the public was given to understand that the ECB was buying already-issued bonds trading in secondary markets. But the public has been fooled.

Aug 23 09:00

DRUG AND DEVICE MAKERS PAY THOUSANDS OF DOCS WITH DISCIPLINARY RECORDS

Pharmaceutical and medical device companies are continuing to pay doctors as promotional speakers and expert advisers even after they’ve been disciplined for serious misconduct, according to an analysis by ProPublica.

One such company is medical device maker Stryker Corp.

In June 2015, New York’s Board for Professional Medical Conduct accused orthopedic surgeon Alexios Apazidis of improperly prescribing pain medications to 28 of his patients. The board fined him $50,000 and placed him on three years’ probation, requiring that a monitor keep an eye on his practice.

Despite this, Stryker paid Apazidis more than $14,000 in consulting fees, plus travel expenses, in the last half of 2015.

Webmaster's Commentary: 

Pharmaceutical and medical device companies are continuing to pay doctors as promotional speakers and expert advisers even after they’ve been disciplined for serious misconduct, according to an analysis by ProPublica.

One such company is medical device maker Stryker Corp.

In June 2015, New York’s Board for Professional Medical Conduct accused orthopedic surgeon Alexios Apazidis of improperly prescribing pain medications to 28 of his patients. The board fined him $50,000 and placed him on three years’ probation, requiring that a monitor keep an eye on his practice.

Despite this, Stryker paid Apazidis more than $14,000 in consulting fees, plus travel expenses, in the last half of 2015.

Stryker also paid another orthopedic surgeon, Mohammad Diab of San Francisco, more than $16,000 for consulting and travel, even though California’s medical board had disciplined him for having a two-year-long inappropriate sexual relationship with a patient, whose two children he also treated. He was suspended from practice for 60 days, required to seek psychological treatment and given seven years’ probation. He is still required to have a third party present while seeing female patients.

Neither Apazidis or Diab returned emails or calls seeking comment.

Aug 23 08:57

"IT'S SCARY QUIET": THE PAST MONTH HAS SEEN THE LEAST VOLATILITY SINCE 1995

Just yesterday we posted a letter written by Jeffrey Miller (here) where he eviscerated Central Banks for the lunacy of their policies which have created complete complacency in the markets. The problem, as we pointed out, is that the Fed has lost all credibility by repeatedly caving every time they hint at a rate increase and markets sell off the tiniest bit. This "Yellen Put" is what enables desperate pension funds to pursue extremely risky strategies like the decision by the Hawaii Employees' Retirement System to allocate $1.6BN for a "put-writing" strategy (see ""Selling Puts" - Latest Pension Strategy Is Truly 2006 All Over Again") or like the decisions we discuss frequently of pensions buying longer and longer dated bonds for no yield.

Webmaster's Commentary: 

Economically, it is feeling much like the calm before the storm.

And the problem for US Central Banks is, they most likely cannot hold off the catastrophe which is coming until after the November elections.

Aug 23 07:43

Tinderbox at the GATES OF EUROPE: Expert warns REAL migration surge is on its way

A POPULATION expert has warned “large waves” of migrants are preparing to head for Europe - with a “tinderbox” situation leaving the continent on the brink of collapse.

While migration figures are declining in parts of Europe, Reiner Klingholz believes now is just the calm before the storm.

The head of the Berlin Institute for Population and Development said: “The large waves of migration have yet to come. Measures such as the Turkey Agreement and the closing of the Balkan Route ensure that currently only a few people come to Europe.

“The causes of the refugee crisis, however, have not changed.”

Aug 23 07:39

When The Trucks Stop Running...

"... Then within two weeks, clean water supplies would run out. Within four weeks to eight weeks, there wouldn’t be coal delivered to power plants and electricity would start shutting down. And when that happened, about a quarter of our pipelines use electricity, and so natural gas plants wouldn’t be fed natural gas and they’d start shutting down. It’s a big interdependent system. That’s part of the problem..."

Aug 23 07:37

Top 25 Corporate Pension Plans Alone Are Underfunded By Over $225 Billion

Pension funds of companies in the S&P 500 are underfunded by over $375BN, in aggregate, with the top 25 companies representing $225BN of the underfunding

Aug 23 07:35

CLSA: "The Bank Of Japan Has Nationalized The Japanese Stock Market"

The Bank of Japan's near doubling of its purchases of Tokyo shares is causing investors to worry the central bank will dominate financial markets, which could lead to price distortions as it continues to grease the economy. It also prompted a CLSA analyst to tell the truth: "The BOJ is nationalizing the stock market."

Aug 23 05:45

Wyoming government claims ownership of the WIND… levies taxes on the movement of air

As absurd as it may sound, Wyoming’s state legislature is levying a tax on wind in an apparent effort to protect the fossil fuel industry by putting wind farms out of business.

Aug 23 05:33

Detroit ready to sue banks, private companies for unpaid property taxes

Detroit has finally set its sights on some of the real culprits of the city’s financial crisis—the banks and for-profit companies that refuse to pay their share.

Aug 22 15:10

The Summer Lull

Aug 22 12:39

Academics And Gov’t Don’t Want You To Know

Economics is far simpler than most in academics or government would have you believe. To make accurate predictions all you really need is an honest appreciation of the self-interest that is at the heart of free market transactions and an ability to understand how regulations that attempt to “correct” these realities don’t work. This is certainly the case with the completely predictable slow-motion train wrecks that are the signature U.S. domestic policy experiments of the last eight years: Obamacare and Federal Reserve stimulus. From the start, I issued countless commentaries on why both would fail spectacularly. The jury has started to come back on Obamacare, and the results are a disaster. And while the verdict on the Fed’s policies has yet to arrive in similarly stark terms, I believe that its failure is just as certain.

Aug 22 12:30

HOUSING UNAFFORDABLE For 90% Of San Francisco

Aug 22 12:11

DEUTSCHE BANK’S $10 BILLION SCANDAL…

Aug 22 12:10

REPORT; The Richest 10% Hold 76% Of The Wealth

Aug 22 11:57

John Deere says it's laying off 145 at eastern Iowa plants

John Deere has announced more layoffs at two eastern Iowa plants.

Company spokesman Ken Golden said Monday that 115 workers in Waterloo will be laid off effective Sept 23 and 30 in Davenport effective Sept. 30.

UAW Local 838 shop chairman Tim Niedert told the Waterloo-Cedar Falls Courier (http://bit.ly/2bZ6jDG ) that the layoffs came as no surprise. On Friday the Moline, Illinois-based company announced its 10th consecutive quarter of year-over-year earnings declines, citing continuing downturns in the agriculture sector.

Aug 22 11:51

Iron ore shipments light again in July

At 5.6 million tons in July, iron ore shipments were down 18 percent compared to the five-year average of 6.9 million tons, said the Lake Carriers’ Association in a news release this month.

Aug 22 11:27

Paris, 1787: It Reaches Manhattan, Doubtless Due to Continental Drift

It is easy to underestimate the peasantry, the little people. They appear well under control. All seems calm, unless one looks carefully. The means of control work smoothly: the legions, the church, the media, the secret police, the enforcers of political correctness. The serfs are cowed. Why worry about a distant peonage? Do we not have our castles? Let us dance and drink champagne.

And comes the guillotine.

Webmaster's Commentary: 

We may need to "Americanize" the system! :)

Click for larger image

Aug 22 09:22

The Fight For A Six Hour Workday

"THE LABOURING MAN WILL TAKE HIS REST LONG IN THE MORNING; A GOOD PIECE OF THE DAY IS SPENT AFORE HE COME AT HIS WORK; THEN HE MUST HAVE HIS BREAKFAST, THOUGH HE HAVE NOT EARNED IT AT HIS ACCUSTOMED HOUR, OR ELSE THERE IS GRUDGING AND MURMURING; WHEN THE CLOCK SMITETH, HE WILL CAST DOWN HIS BURDEN IN THE MIDWAY, AND WHATSOEVER HE IS IN HAND WITH, HE WILL LEAVE IT AS IT IS, THOUGH MANY TIMES IT IS MARRED AFORE HE COME AGAIN; HE MAY NOT LOSE HIS MEAT, WHAT DANGER SOEVER THE WORK IS IN. AT NOON HE MUST HAVE HIS SLEEPING TIME, THEN HIS BEVER IN THE AFTERNOON, WHICH SPENDETH A GREAT PART OF THE DAY; AND WHEN HIS HOUR COMETH AT NIGHT, AT THE FIRST STROKE OF THE CLOCK HE CASTETH DOWN HIS TOOLS, LEAVETH HIS WORK, IN WHAT NEED OR CASE SOEVER THE WORK STANDETH."

– JAMES PILKINGTON, BISHOP OF DURHAM, 1570.

Aug 22 09:10

Baltimore City Council Advances Historic $15 Minimum Wage Bill

TRNN speaks to opponents and advocates of a measure that would raise the minimum wage in Baltimore to $15/hr by 2022 Visit.

Aug 22 08:23

Chileans demanding pension reform hold nationwide protests

Hundreds of thousands of Chileans have taken part in a nationwide protest demanding better provisions for retirees.

They milled through the streets in the capital on Sunday to put pressure on the government to adapt a pension system that would provide better retirement benefits.

The protesters in Santiago and other cities said they wanted the current pension system dismantled.

Chile’s current private pension system was launched in the 80s by free market advocate José Piñera during Augusto Pinochet's dictatorship.

Aug 22 07:01

The Inflation Imperative

“Given the nonsustainability of sovereign debt under current monetary regimes and the necessity for global inflation, there are three possible endgame scenarios facing us now.”

“The first scenario is that central banks are finally successful in launching inflation …”

The second scenario is a massive issuance of SDRs (Special Drawing Rights from the IMF) in the multitrillion-dollar equivalent range …”

“… the third scenario is the nuclear gold option … last resort … central banks and the IMF would … peg the price of gold much higher …”

“What these three outcomes have in common is inflation… Inflation is another word for the destruction of the value of the U.S. dollar.”

Aug 22 06:58

TRILLIONAIRE ROTHSCHILD WARNS HIS OWN CENTRAL BANKING SYSTEM IS FAILING AND BUYS GOLD

We have been highlighting the wave of billionaires who are all getting out of the stock market this summer and buying gold. Well, now it’s a trillionaire.

Of course, he’s not “officially” on top in the “most wealthy” lists… but that is because the Rothschilds have been experts in hiding their wealth for centuries.

When Jacob’s great-great-great-great grandfather, Mayer Amschel Rothschild, died in 1812, his will explicitly stated that no public inventory of his estate was to be published and that no legal action was to be taken with regard to the value of the inheritance. It’s also been suggested that the Rothschilds use private, unrecorded, limited partnerships to accumulate wealth (you know, like all the ones in the Panama Papers).

Aug 21 22:55

Athens presses German reparations bid

Alternate Foreign Minister Nikos Xydakis emphasized over the weekend that Athens will push its demands for wartime reparations from Germany, despite the insistence by Berlin that the matter has been resolved, noting that the issue is primarily a moral one for the Greek government.

Aug 21 16:27

One in Five Manufacturers in NY Cutting Jobs Due to Obamacare

One in five manufacturers in New York said they were reducing the number of their employees due to Obamacare, according to a survey from the Federal Reserve Bank of New York.

Aug 21 16:06

Why Target Shares Have 20% Downside From Here

Aug 21 11:18

ANOTHER BILLIONAIRE GOES ALL IN ON THE “BARBAROUS RELIC” GOLD WHILE MAINSTREAM MEDIA REMAINS SILENT

Billionaire Crispin Odey recently released a management letter to his hedge fund clients praising gold and explaining gold products constituted the next, great investment wave.

Aug 21 11:12

We’ve Entered the Twilight Zone in Oil

Aug 21 11:08

Nugan Hand & The Australian Coup

In 1980, half way around the world near Sydney, local Australian citizens reported a parked car on a lonely dirt road to police. The cops found Frank Nugan in the driver’s seat, his body slumped over the steering wheel with a 12-gauge shotgun propping up what was left of his bloody forehead. In his shirt pocket they found two business cards. The one belonging to CIA Director Bill Colby sported an itinerary for a coming meeting in Sydney.

Aug 21 10:31

China’s Pivot to World Markets, Washington’s Pivot to World Wars…

China and the United States are moving in polar opposite directions: Beijing is rapidly becoming the center of overseas investments in high tech industries, including robotics, nuclear energy and advanced machinery with collaboration from centers of technological excellence, like Germany.

In contrast, Washington is pursuing a predatory military pivot to the least productive regions with collaboration from its most barbaric allies, like Saudi Arabia.

Aug 21 09:27

Deep Depression In Italy Gave Germany An Absolute Advantage

Economist Heiner Flassbeck says there’s no debt crisis in Europe, it is Germany’s absolute competitive advantages that drove deflation throughout Europe.

Aug 21 08:47

Central Bank Intervention Against the Dollar

Aug 21 08:24

Seeds of democratic revolution in Ethiopia?

Graham Peebles senses in the unrest sweeping across Ethiopia the beginning of the end of the ruling party’s dictatorship, and calls on the Western donor countries propping up the regime to do the right thing and side with the oppressed people.

Aug 20 12:15

DoJ Deals Massive Blow to Debtors’ Prisons, Poor People Can’t be Held When They Can’t Afford Bail

By Justin Gardner

Last Thursday, the U.S. Department of Justice (DoJ) made the shocking statement that it will no longer use private prisons to incarcerate federal prisoners, saying they are less safe and less effective than government-run facilities.

This was welcome news for those who realize that for-profit prisons contribute to the problem of mass incarceration, but the feds still need to address the glaring issue of jailing people for victimless crimes such as drug use.

The effects on the prison-industrial complex were immediate, as stock values crashed for the Corrections Corporation of America and the GEO Group. Now, another DoJ ruling has the for-profit prison system reeling...

Aug 20 10:54

More than half of Clinton Foundation’s major donors would be barred under new rule

More than half of the Clinton Foundation’s major donors would be prevented from contributing to the charity under the self-imposed ban on corporate and foreign donors the foundation said this week it would adopt if Hillary Clinton won the White House, according to a new Washington Post analysis of foundation donations.

The findings underscore the extent to which the Clintons’ sprawling global charity has come to rely on financial support from industries and overseas interests, a point that has drawn criticism from Republicans and some liberals who have said the donations represent conflicts of interest for a potential president.

Webmaster's Commentary: 

Forgive me, but didn't Clinton vow to do this upon becoming the US's Secretary of State, if I recall correctly?!?

The major corporations love war, and Hillary will deliver them war.

And the country of Saudi Arabia wants military equipment, but still jails, chemically castrates, and executes its LGBTQ citizens, while allowing the barbaric practice of female genital mutilation.

Nice company she keeps, through this foundation, doesn't she?!?

Aug 20 10:03

China and the US Are Approaching Dangerous Seas

A combination of recent events, underpinned by long-running historical strains reaching back more than 60 years, has turned the western Pacific into one of the most hazardous spots on the globe. The tension between China and the United States “is one of the most striking and dangerous themes in international politics,” says The Financial Times’ longtime commentator and China hand, Gideon Rachman.

In just the past five months, warships from both countries – including Washington’s closest ally in the region, Japan – have done everything but ram one another. And, as Beijing continues to build bases on scattered islands in the South China Sea, the United States is deploying long-range nuclear capable strategic bombers in Australia and Guam.

Webmaster's Commentary: 

As an American, I love my country very dearly; that having been said, I feel, as a Christian pacifist activist, that I have a moral responsibility to publicly witness to the truth, when I see this country going off the rails, as it is right now, both economically and geopolitically.

So I have a statement for both the Chinese Leadership, and the Chinese people; thinking Americans absolutely do not want war with your country.

There was a social philosopher who lived a long time ago, by the name of Karl Marx, who made the observation: "All wars are economic".

The US economy, having been horrifically mismanaged by the Federal Reserve and the US government, for so many decades, is close to entering a tailspin moment.

And what I mean by that is, although the government and corporate media keep attempting to reassure the American people that everything is just fine, thinking Americans know it is not.

American jobs continue to be outsourced/offshored at breathtaking speed, absolutely destroying what was left of the middle class in this country. Poverty, and very alarmingly, childhood poverty, particularly in our southern states, has reached breath-taking proportions.

3 million more children live in poverty, under the Obama administration

Over 90 million Americans who want to work cannot find jobs, but are not included in the US Bureau of Labor Statistics in the unemployment rate, to make employment look far better than it is.

What We Know About the 92 Million Americans Who Aren’t in the Labor Force

There is some truly insane thinking in Washington which supports the idea that the only thing that can save the US economy is another World War, as insanely psychotic as that may sound. After all, the depressions before World War 1 and World War II got "mended" during and after the process of those wars, in which the US and its allies were victorious.

I understand that China has a clear, historic, and legal, claim to the South China Sea.

But in looking at the demonization against China, particularly after the judgement at the ICC, which did not rule in China's favor, I can hear the war drums, beating very loudly against both China and Russia.

The US government is looking for some excuse - any, really - to label both countries as the "bad guy", and ultimately declare war against them, to attempt to misdirect legitimate US citizens' anger against it, for conditions which the Federal Reserve and the US government have created, and through which the 1% have benefited.

These potential wars against China and Russia will be about hurting their currencies and economies, and preserving the hegemony of the US petrodollar.

The horrific human cost to such potential wars is not at all in the calculus of the US government's deliberations. After all, it is most generally not the sons and daughters of the US "elite" who wind up fighting, dying, and getting maimed for life in these wars; it's most generally other people's kids.

But both countries have the opportunity to walk away from the edge of this precipice.

That is at the G-20 Summit, to be held during September 4th and 5th in Hangzou, China.

Both President Obama and China's President, Xi Jinping, will be attending.

Therefore, I strongly urge that the Presidents of both of our countries meet, and discuss ways to diffuse the tensions around this issue; the costs of not doing this may well be both horrific, and irreversible.

Aug 20 08:49

WHO MANUAL DIRECTING "AUTHORITIES" ON HOW TO RESPOND TO VACCINE DENIERS IN PUBLIC

The endlessly increasing vaccine push on the public, at the behest of pharmaceutical companies, can be looked at as nothing more than a psychological operation (PSYOP). From the European Regional Office of the World Health Organization (WHO) comes the 2016 "Best Practice Guidance 1st Edition: How to Respond to Vocal Vaccine Deniers in Public". From this guide parents and communities will understand how to see through the simplistic messaging maneuvers and counter the ongoing public PSYOP. The WHO's guiding document opens on page one with the following statement:

"This guidance document provides basic broad principles for a spokesperson of any health authority on how to respond to vocal vaccine deniers.The suggestions are based on psychological research on persuasion, on research in public health, communication studies and on WHO risk
communication guidelines."

Webmaster's Commentary: 

I am no science denier, or anti-vaxxer; having said that, however, I have found some very effective ways of enhancing my wellness which do not involve conventional medical treatment.

Trust me; I would never be a Christian Scientist with appendicitis; but understanding something about nutrition and wellness has kept me in reasonably good shape, at 67, which is a real gift at this age.

I would encourage all of our readers to do the due dilligence, and educate themselves about the power of nutrition to augment health.

When I have friends locally who have just had a really lousy health diagnosis, I encourage them to have a nutritional consult at a medical center under 7th-Day Adventist management.

As ovolacto-vegetarians, these people have health statistics that are, generally, off the chart, in terms of great health outcomes. They have learned to use food as a weapon against disease, and they have my complete and utter respect for having done so.

Aug 20 08:40

Utilities Continue To Follow The Road Map

Aug 20 08:40

U.S. DEFENSE CONTRACTORS TELL INVESTORS RUSSIAN THREAT IS GREAT FOR BUSINESS

The escalating anti-Russian rhetoric in the U.S. presidential campaign comes in the midst of a major push by military contractors to position Moscow as a potent enemy that must be countered with a drastic increase in military spending by NATO countries.

Weapon makers have told investors that they are relying on tensions with Russia to fuel new business in the wake of Russian’s annexation of Crimea and modest increases in its military budget.

In particular, the arms industry — both directly and through its arsenal of hired-gun, think-tank experts and lobbyists – is actively pressuring NATO member nations to hike defense spending in line with the NATO goal for member states to spend at least 2 percent of gross domestic product on defense.

Webmaster's Commentary: 

1. Russia did not annex Crimea; after the putsch in Kiev in 2014, which threw Yanukovich, the duly elected President, under the proverbial bus, and anointed Poroshenko as Ukraine's President, Crimean authorities understood that there was no legitimate government in Kiev. They therefore held a free and fair referendum, to decide if they wanted to stay with Ukraine, post putsch, or petition the Russian Federation to join. In an overwhelming vote, Crimeans decided to to petition the Russian Federation to join. The Russian Federation accepted this request. Russia did absolutely nothing wrong here.
2. It is very alarming, but perfectly predictable to me, that weapons manufacturers and banks can smell money in the bloodshed which is almost surely to come from any kind of US/Russian military conflict regarding Ukraine, as the demonisation of Russia, which you see in all the presstitute/whorespondent outlets, continues to escalate.

Aug 20 08:06

The Federal Reserve Just Made a Facebook Page … And It’s Getting Destroyed by Trolls

By Carey Wedler

The Federal Reserve bank is well known for its secrecy. But in an attempt to reach out to the people it claims to serve, the monolithic bank just created a Facebook page . . . and it’s probably really regretting that decision.

Unlike Twitter, where the Fed decides which comments to reply to — and, therefore, which show up publicly on its page — its public Facebook page, launched Thursday morning, is not as restrictive. In fact, the Board of Governors of the Federal Reserve System page has been relentlessly trolled since it went up...

Aug 19 15:29

Rothschild Warns “Biggest Financial Experiment in History” About to Unleash Consequences Unknown

Central bankers have never had more power; monetary policy has never been stranger. Stock markets are at record highs, but the real economy is stagnate and suffering. The individuals in it are finding it difficult to makes ends meet, and are drowning in debt.

Aug 19 15:25

$135,000 Gold-Backed Scholarship Fund Launched to Help Students Cope with Federal Reserve Induced Tuition Inflation

By Jp Cortez

A major national precious metals dealer announced today the creation of the first gold-backed scholarship fund to support outstanding students who understand that gold is money and can articulate the failures of the inflation-creating Federal Reserve System.

Money Metals Exchange, a national precious metals dealer recently ranked “Best in the USA,” teamed up with the Sound Money Defense League, setting aside 100 oz of physical gold, currently worth $135,000, to help outstanding students pay for ever-rising education costs...

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA