ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Aug 05 12:37

Jim Willie: Dollar Destruction “Will Send Shock Waves Throughout The U.S.” - Mac Slavo

The entire house of cards is crumbling, and the empire is more desperate than ever to hold it together.

Jim Willie of GoldenJackass.com tells the X22 Report that the dollar will soon be refused in international trade, and the loss of the dollar’s status will trigger massive shock waves throughout the U.S. and around the globe.

This isn’t just the same old warning about the someday-coming apocalypse. This is stuff that is really happening around the world. Geopolitical events, narcotrafficking and megabank money laundering are all reaching tipping points; the banks are insolvent, and their operators are readying the collapse.

The day will come soon when things will never look the same again. The U.S. we have all known is dying, and the American people will be left in shambles, as desperate to survive as Venezuelans are today.

Webmaster's Commentary: 

IF in fact what this man is saying is true, we had all better make sure we are as prepared for any possible catastrophe, social and economic, as humanly possible

Aug 05 11:11

US Dollar Weakening Under The Surface

Aug 05 10:51

As Predicted, North American Union Returns Under Guise of ‘Greater Integration’

As we predicted some time ago in a series of articles, Trump’s strong stance against Mexican immigration is producing the inevitable pushback.

Predictably, it is making conversation about a “North American Union” feasible again, as we can see from this Bloomberg excerpt, above, stating that Ruiz hopes for “greater integration” between Mexico and the US.

When interviewed by Bloomberg, she used the opportunity to respond to Trump’s ideas, including the famous “wall.”

“We’re not even considering such a proposition,” Ruiz said. “We’re in the business of creating prosperity, creating jobs, creating more investment to detonate more opportunities for our people, as are most governments in the world. The way to do that is to go further with more integration, more integrated chains of value, and remaining more competitive.”

Aug 05 09:08

Former CIA Chief Smacks Down Donald Trump In Clinton Endorsement

Michael Morell ripped Republican presidential nominee Donald Trump for his lack of experience and relationship with Russian President Vladimir Putin, as he endorsed Democratic nominee Hillary Clinton in a New York Times op-ed Friday.

Morell held leadership roles at the CIA for over three years, serving as the agency’s acting director on two occasions during Clinton’s tenure as secretary of state. He lauded Clinton in the opinion piece for being “prepared, detail-oriented, thoughtful, inquisitive and willing to change her mind if presented with a compelling argument” during their shared time in the Situation Room.

Trump, on the other hand, exudes traits that “suggest he would be a poor, even dangerous, commander in chief,” Morell wrote.

Webmaster's Commentary: 

This appears to be desperation on the cusp of madness, courtesy of the DNC.

Whatever this man was paid for his assessment, it cannot possibly have been enough!!!

Also, as reported at zerohedge.com today, we see the following stated by Mr. Morell:

Former acting director and deputy director of the Central Intelligence Agency from 2010 to 2013, Michael Morell has penned a NYTimes' Op-Ed endorsing Hillary Clinton and claiming "Mr. Putin has recruited Mr. Trump as an unwitting agent of the Russian Federation." But as one commenter details, while Michael Morell portrays himself as some sort of bipartisan warrior, this is not true. He’s been vying for a position in a potential Hillary Clinton administration for three years now. Since he won't disclose his close ties with Hillary Clinton, we will... He was an active participant in painting the Benghazi attacks as caused by YouTube video. When Hillary Clinton says 'best information provided by the intelligence community" she is referring to her man in the CIA: Michael Morel Morell was the CIA official who crafted the "talking points" on Benghazi with the Obama White House according to his own testimony in 2014 to Congress. In emails later uncovered by Congress, CIA Director David Petraeus called the resulting talking-point language 'useless.' In 2013, he left the CIA to join a Wash DC consultancy group with strong links to Hillary Clinton. Beacon Global Strategies, Morell's employer, is a ten-person firm whose co-founders include Philippe Reines, a senior counselor to Hillary Clinton when she ran the State Department. Reines is still her spokesman, serving in that capacity in what New York magazine calls 'a second full-time job. “And if she runs again... Reines will be onboard,” the magazine concluded in Ferbruary 2014. Meaning that Morell, as a senior official at Beacon, will also likely be part of the Clinton spin machine. So with that in mind, here is Morell's Op-Ed "I Ran the C.I.A. Now I'm Endorsing Hillary Clinton"... During a 33-year career at the Central Intelligence Agency, I served presidents of both parties — three Republicans and three Democrats. I was at President George W. Bush’s side when we were attacked on Sept. 11; as deputy director of the agency, I was with President Obama when we killed Osama bin Laden in 2011. I am neither a registered Democrat nor a registered Republican. In my 40 years of voting, I have pulled the lever for candidates of both parties. As a government official, I have always been silent about my preference for president. No longer. On Nov. 8, I will vote for Hillary Clinton. Between now and then, I will do everything I can to ensure that she is elected as our 45th president. Two strongly held beliefs have brought me to this decision. First, Mrs. Clinton is highly qualified to be commander in chief. I trust she will deliver on the most important duty of a president — keeping our nation safe. Second, Donald J. Trump is not only unqualified for the job, but he may well pose a threat to our national security. I spent four years working with Mrs. Clinton when she was secretary of state, most often in the White House Situation Room. In these critically important meetings, I found her to be prepared, detail-oriented, thoughtful, inquisitive and willing to change her mind if presented with a compelling argument.

Apparently, Mr. Morell is either singularly unacquainted with the fact that Osama Bin Laden died of natural consequences in December of 2001, or he is lying through his teeth; the highly staged assassination of some poor schmuck in Abbotabad in 2011 was simply a publicity stunt to make Obama look "Presidential" or "Commander-in Chief-ish".

And one has to wonder why Seal Team 6, which conducted this raid, as stated by Vice President Biden, died "mysteriously", in a chopper crash, after being fired upon (allegedly by the Taliban).

As reported at foxnews.com on 26 December, 2001:

Usama bin Laden has died a peaceful death due to an untreated lung complication, the Pakistan Observer reported, citing a Taliban leader who allegedly attended the funeral of the Al Qaeda leader. "The Coalition troops are engaged in a mad search operation but they would never be able to fulfill their cherished goal of getting Usama alive or dead," the source said. Bin Laden, according to the source, was suffering from a serious lung complication and succumbed to the disease in mid-December, in the vicinity of the Tora Bora mountains. The source claimed that bin Laden was laid to rest honorably in his last abode and his grave was made as per his Wahabi belief.

Aug 05 07:20

The US Job Numbers That No One Believes…

Aug 04 18:57

If Cash is King, How Can Stores Refuse to Take Your Dollars?

By Jay L. Zagorsky, The Ohio State University

We’ve been talking about society’s transition to a cashless society for a long time, but it begs an important question: Can stores and other retail establishments refuse to take your dollars and cents?

As odd as it sounds, this is not hypothetical anymore as a small number of stores and industries have stopped accepting cash and allow payment only by credit card, debit card or via a smartphone app...

Aug 04 16:30

Why this economy is so rotten to the core?

Aug 04 16:18

Julian Assange: “1,700 emails” proves Hillary Clinton sold weapons to ISIS in Syria

“A vote today for Hillary Clinton is a vote for endless, stupid war,” - Julian Assange

In Obama’s second term, Secretary of State Hillary Clinton authorized the shipment of American-made arms to Qatar, a country beholden to the Muslim Brotherhood, and friendly to the Libyan rebels, in an effort to topple the Libyan/Gaddafi government, and then ship those arms to Syria in order to fund Al Qaeda, and topple Assad in Syria.

Clinton took the lead role in organizing the so-called “Friends of Syria” (aka Al Qaeda/ISIS) to back the CIA-led insurgency for regime change in Syria.

Aug 04 14:29

Revealing The Real Rate Of Inflation

This week, I’ve noted that Consumer Prices Have Soared 160% Since 2001while under-the-radar declines in value, quantity and quality are forms of Inflation Hidden in Plain Sight.

What would happen if the real rate of inflation was revealed? The entire status quo would immediately implode. Consider the immediate consequences to Social Security, interest rates and the cost of refinancing government debt.

Aug 04 13:44

FBI: July Was 15th Straight Month Of Record Background Checks

The latest figures from the FBI show that July 2016 was the 15th consecutive month of record background checks for gun sales.

Aug 04 12:00

"When You Dial 911 And Wall Street Answers": How Private Equity Profits Off Our Daily Lives

When you woke up this morning, chances are your morning routine was touched in some way by a private equity firm. From the water you drink to the roads you drive to work, to the morning newspaper you read, Wall Street firms are playing an increasingly influential role in daily life. So says a compelling new article in The New York Times, “This Is Your Life, Brought to You by Private Equity.” For more, we speak with New York Times reporter Danielle Ivory, one of the contributors to the series as well as co-author of the recent article “When You Dial 911 and Wall Street Answers.”

Aug 04 11:13

US Homeownership Rate Hits 51 Year Low

Aug 04 09:49

Residents Say Baltimore Can’t Afford Corporate Tax Breaks

Hundreds gathered at a council hearing to object to the record setting tax subsidy for the Port Covington Development.

Aug 04 08:13

ITALIAN BANKS ON VERGE OF COLLAPSING EUROZONE FINANCIAL SYSTEM

Aug 04 08:10

But we ARE worried! Italy’s Bank chief says don’t fret over £304BILLION debts

ITALY’S banking chief has told the world NOT to worry about its disastrous finances – despite its £304BILLION (€360bn) debts threatening to topple the international economy.

Aug 04 08:03

Last straw for Merkel? Now Germany's SECOND largest bank is asking its CUSTOMERS for money

THE European Union's economic woes will finally hit German taxpayers' pockets with one of the country's biggest banks set to introduce fees for basic services.

Commerzbank are planning to charge ordinary people for every day transactions as it struggles to cope with the ruinous impact of Brussels' financial policies.

Industry chiefs said they expect other institutions to follow their lead shortly, raising the spectre of tens of millions of Germans being forced to dip into their own pockets to pay for the EU's failures.

Aug 04 08:01

German Stocks At A Crossroads

Aug 04 07:57

Class 8 Truck Orders Plunge To Lowest Level Since February 2010

According to ACT research, Class 8 truck orders for July came in at 10,500 which is down 57% YoY and 19% sequentially compared to June. July marked the 17th consecutive month of YoY declines and the lowest reading since February 2010. Perhaps even more shocking is the fact that July orders were 77% lower than the peak shipping month recorded in October 2014.

Aug 04 07:38

Myth Of Millennial Entrepreneur

Aug 04 07:08

Microsoft sells $20bn of bonds

Aug 03 20:59

Goldman Fined 0.1% Of Revenue For "Criminal Theft" Of Confidential Fed Information

Today the story of Goldman's theft of confidential Fed information got its closure, when the Fed announced that Goldman Sachs has agreed to pay $36.3 million to settle allegations by the Federal Reserve that it obtained and used confidential regulatory materials from the central bank two years ago. This amounts to 0.1% of the firm's 2015 revenue of $33.8 billion.

Aug 03 15:27

UK ‘Sailing Blindly’ Into Financial Meltdown Bigger Than 2008, Think Tank Warns

Britain is heading for financial crisis worse than the 2008 collapse and the Bank of England (BoE) is “asleep at the wheel,” a think tank has warned.

Aug 03 14:37

Homeownership at 51-Year Low: The Feds Have Failed

??Since federal policy efforts have apparently done nothing to increase homeownership, let’s turn to taking a hard look at if we need the federal “homeownership industry” at all. Repealing the tens of thousands of pages of laws and regulations related to promoting homeownership over the past fifty years might be a good start.

Aug 03 13:53

Here Comes The Mandatory Bitcoin Database

Aug 03 13:44

This is a Warning Sign for Stocks

Aug 03 13:32

53-minute radio interview: Carl Herman explains US lie-started and illegal Wars of Aggression, requirement of arrests if America is to be a republic with a president rather than empire under dictators, $1,000,000 per household game-changing economic break

*hyperlinks/videos live at source*

Rense radio’s Raw Deal’s Professor Emeritus James Fetzer (University of Minnesota at Duluth) 53-minute interview with me:

Documentation and discussion:

A “great” America has at least these three required policies:

End lie-started and unlawful Wars of Aggression.
Arrest Left and Right .01% War Criminals and .01% trillions-looting banksters.
Enact monetary reform and public banking for ~$1,000,000 per US household benefits.

Because the documented facts are Emperor’s New Clothes obvious, any US leader, including Trump as president must stop the worst crime a nation’s military Commander-in-Chief can commit, arrest those who engaged in them, arrest banksters for fundamental fraud with tens of trillions in damages, and enact obvious economic reforms.

If Trump as US President will not act for these three policies, he must join those arrested for ongoing US crimes killing millions, harming billions, and looting trillions.

Aug 03 12:31

I’m Paying Taxes, But What Am I Buying?

Acclaimed author and vice-president of the American Anti-Imperialist League, Mark Twain, popularized the expression, “There are three kinds of lies: lies, damned lies, and statistics.” Bureaucrats revel in distorting life’s spontaneous order with data-driven government policies and interventions. They hide behind their numbers to provide a facade of respectability, or in other instances, employ data to argue conclusions that are just as absurd as the State’s present brutality and thievery. Some statistics, however, frighten even the administrators of Leviathan.

Aug 03 11:50

Hi Yo Silver time, if it can take this out!

Aug 03 11:49

Revealing The Real Rate Of Inflation Would Crash The System

This week, I've noted that Consumer Prices Have Soared 160% Since 2001 while under-the-radar declines in value, quantity and quality are forms of Inflation Hidden in Plain Sight.

What would happen if the real rate of inflation was revealed? The entire status quo would immediately implode. Consider the immediate consequences to Social Security, interest rates and the cost of refinancing government debt.

Unbiased private-sector efforts to calculate the real rate of inflation have yielded a rate of around 7% to 13% per year, depending on the locale--many multiples of the official rate of around 1% per year.

So what happens if the status quo accepted the reality of 7+% inflation? Here are a few of the consequences:

Webmaster's Commentary: 

Where Mike and I have noticed it most is every time we walk into our local market, or the big-box store we like in our area.

The price of food is absolutely through the roof, and the quality of the food and portion sizes have gone down; I have to imagine that people with families are feeling the pinch badly here, as they try to select the healthiest, non-GMO foods for themselves and their kids.

Aug 03 11:45

Goldman Fined 0.1% Of Revenue For "Criminal Theft" Of Confidential Fed Information

Last October, we reported that "Wall Street Was Shocked As Feds Bring Criminal Case Against Goldman Banker Over Fed Leaks." Briefly, because as we also reported several months later, nobody actually ended up going to prison for the infamous story of Goldman Sachs obtaining classified NY Fed documents as a result of the revolving, ended up with two workers getting slaps on the wrist in some modest penalties.

Today the story got its closure, when the Fed announced that Goldman Sachs has agreed to pay $36.3 million to settle allegations by the Federal Reserve that it obtained and used confidential regulatory materials from the central bank two years ago. This amounts to 0.1% of the firm's 2015 revenue of $33.8 billion.

Webmaster's Commentary: 

A slap on the wrist, coupled with a piddly fine, and no one goes to jail?!?!?

What's wrong with this picture?!?

EVERYTHING!!

Aug 03 10:51

Indian farmers turn to non-GMO indigenous seed, in blow to Monsanto

In a tiny hamlet at the heart of the cotton belt in northern India, Ramandeep Mann planted Monsanto's genetically modified Bt cotton seed for over a decade, but that changed after a whitefly blight last year.

Mann's 25-acre farm in Punjab's Bhatinda district now boasts "desi", or indigenous, cotton shrubs that promise good yields and pest resistance at a fraction of the cost.

Mann is not alone.

Thousands of cotton farmers across the north of India, the world's biggest producer and second largest exporter of the fiber, have switched to the new local variety, spelling trouble for seed giant Monsanto in its most important cotton market outside the Americas.

Aug 03 09:46

‘The EU is close to death’: Bloc trade chief launches bitter warning amid fears Canada deal could collapse

'Canada is a third country which stands very close to the EU. If the EU is not able to ratify this agreement, the EU trade policy would have a big credibility problem; it would be 'close to death',' the leaked notes say.

Aug 03 09:39

Why the EU is REALLY worried about a major new gas line between Russia and Turkey

The deal looks likely to send shockwaves throughout the 28-member bloc and risks plunging European powerhouses Germany and Italy into fresh conflict over the future of the EU after Brexit.

Italian Prime Minister Matteo Renzi and German Chancellor Angela Merkel have already fallen out over the direction of the EU's economic policy and both leaders have come to blows over a German plan to increase Russian gas imports.

Fresh proposals for new Russian gas routes into Europe will only increase tension between Rome and Berlin.

EU officials are concerned the deal could force Europe to become ever more reliant on Russia's gas supply as the gas line would bypass Ukraine and potential suppliers in the Caspian region.

Under the new scheme, dubbed the TurkStream pipeline, Russia will pump natural gas in two huge tunnels to Europe's border, with Turkey playing a key role as a major transit country.

Webmaster's Commentary: 

That's one very intelligent way for Russia to come back, economically, from US and EU sanctions!!

Aug 03 09:31

Anti-HILLARY Economy Exploding in Merch, Movies, Books…

For the four days of Donald Trump's convention, the streets outside the Quicken Loans Arena were turned into a Marrakech bazaar of Trump-pumping, Hillary-dumping merchandise.

Aug 03 09:30

European Banking System Bloodbath Continues Post-Stress-Test

For the 3rd day in a row, Unicredit shares are halted limit down as the "confidence-inspiring" European banking system stress tests have utterly failed... as European banking stocks are reeling once again (now down 10% post-stress-test).

Aug 03 08:18

Flashback: Enemies are necessary for the wheels of the US military machine to turn - Former CIA officer John Stockwell

John R. Stockwell is a former CIA officer who became a critic of United States government policies after serving in the Agency for thirteen years serving seven tours of duty. After managing U.S. involvement in the Angolan Civil War as Chief of the Angola Task Force during its 1975 covert operations, he resigned and wrote In Search of Enemies, a book which remains the only detailed, insider's account of a major CIA "covert action."

Aug 03 08:12

Fitch Sees $3.8 Trillion Of Losses For "Investment-Grade" Sovereign Bond Investors

In an article posted today, Fitch agreed finding that a reversion of rates to 2011 levels for $37.7 trillion worth of investment-grade sovereign bonds could drive market losses of as much as $3.8 trillion. Fitch noted that unconventional monetary policies in Japan, Europe and the US, together with a surge in investor demand for safe assets, pushed sovereign yields to new lows in 2016, with $11.5 trillion in sovereign securities trading at a negative yield as of July 15. An analysis of yields by maturity pointed out that the long-end of the curve has contracted by ~250bps over the past 5 years.

Aug 03 08:09

The “Anti-Hillary Economy” is Booming . . .

Hillary is creating jobs too. Don't forget the paid Hillary propagandists and protestors!

Aug 03 07:33

Bitcoin price plummets after exchange loses $65 million to hackers

The price of the virtual currency bitcoin fell sharply Tuesday after Hong Kong-based digital-currency exchange Bitfinex said it was hacked, resulting in the possible theft of $65 million worth of bitcoin.

Aug 03 06:41

THE BILLIONAIRE BOYS CLUB vs DONALD TRUMP

The Billionaire Boys Club (which has some girls in it too!) have always sought to bend the raw power of government in order to get subsidies, favors, bailouts, cheap financing, stock manipulation, bad trade deals, corporate welfare, inside information, cheap immigrant labor, unlimited outsourcing and, most of all, a means to beat down their smaller competitors with excessive regulations that the big boys are able to afford, but the upstarts cannot.

In return, preferred career politicians like the Bushes and the Clintons are showered with financial support from the Billionaire Boys Club; and are also given favorable publicity by their wholly-owned TV talking heads and kept university "intellectuals". Together, they all work for a New World Order -- a nightmarish criminal world in which the taxed-to-death and indebted-to-death "human resources" toil in perpetuity for whatever crumbs the fatted Billionaire Boys Club and their underlings drop off of their Globalist dinner table.

Aug 02 20:37

Central Bankers are Driving Us All Into the Dirt - The Great Unwind has started.

Global corporate debt now sits at a record $51 trillion and is poised to hit $75 trillion by 2020 – just four years away. If interest rates rise and the economy slows, it will be very hard for companies to roll these bonds over

Aug 02 19:06

EU demands Britain pays pensions of 1,730 Eurocrats in wake of Brexit vote

Brussels has estimated its pensions liability at €60 billion (£50.7 billion) for all retired and current officials, with annual payments currently at about €1.4 billion (£1.2 billion).

Some 1,730 Britons currently make up almost 8 per cent of the 22,000 retired EU officials.

The UK insists it cannot be held responsible for Eurocrat pensions which, it says, are the responsibility of EU institutions.

But EU officials say Britain would be expected to pay its part of the EU's pension promises when it finally quits the EU.

Aug 02 17:06

YAY SOCIALISM! Venezuela in Ruins: 12-Hour Food Lines… (Where flour, pasta and milk can cost a month’s pay)

“There’s some food on sale but most people can’t afford to buy it. Venezuela has the highest inflation in the world and it’s hitting the poor the hardest."

Aug 02 16:00

Active Managers Move All In On Stocks

Aug 02 15:33

Home Ownership In UK Falls To Lowest Level Since 1986: Study

The United Kingdom is facing a nationwide housing crisis as rising property prices have cut ownership rate to its lowest level in 30 years, according to a new study.

Aug 02 14:46

Is the Housing Market Collapsing?

Aug 02 13:02

Americans Are Going to be Disappointed in Election Outcome — Ron Paul

Clinton does not understand that a policy of endless interventionism has brought us to our knees and made us far weaker. Does she really expect us to be the policemen of the world with $20 trillion in debt? Likewise, Republican candidate Donald Trump misses the point. He promises to bring back jobs to America without any understanding of the policies that led to their departure in the first place. Yes, he is correct that the middle class is in worse shape than when Obama took office, but not once did he mention how it happened: the destructive policies of the Federal Reserve. The financing of our warfare/welfare state through the printing of phony money. Distorted interest rates that encourage consumption and discourage saving and investment.

Aug 02 12:55

Crashing Oil Prices Threaten To Destroy Already Fragile Economy: “More Job Loss, Debt Defaults”

This wasn’t supposed to happen. The price of oil was supposed to start going back up, and this would have brought much needed relief to economically-depressed areas of North America that are heavily dependent on the energy industry. Instead, the price of oil is crashing again, and that is really bad news for a U.S. economy that is already mired in the worst “recovery” since 1949. On Monday, U.S. oil was down almost four percent, and for a brief time it actually fell below 40 dollars a barrel. Overall, the price of oil has fallen a staggering 21 percent since June 8th. In less than two months, the “oil rally” that so many were pinning their hopes on has been totally wiped out, and if the price of oil continues to stay this low it is going to have very seriously implications for our economy moving forward.

Aug 02 12:50

European Bank Bloodbath Destroys Stress Test Credibility

If the goal of the EBA Stress Tests was to reassure investors and regain confidence that 'all is well' in Europe's increasingly fragile and systemically interconnected banking system, then it has utterly failed. The broadest European bank stock index is now down 7% from the post-stress-test spike highs, Italian banks are at record lows and being halted (despite Renzi's promises), Commerzbank is struggling with capital raise chatter, and Deutsche Bank and Credit Suisse are tumbling after being booted from the Stoxx 50.

Aug 02 12:45

Why Seven Million Student Loan Defaulters Are In A Standoff With Uncle Sam

As the 2016 election cycle heats up, we suspect the debate over student loan forgiveness will become an ever bigger issue with the Hillary camp looking to woo young voters that aren't quite as "enthusiastic" about her Presidency as they were about Obama's. We also suspect that students, helpless "victims" of predatory lenders looking to give them $200,000 to pursue their dreams of becoming anthropologists while consuming copious amount of free beer at frat parties, will grow increasingly vocal in asking why the Nanny State would have given them so much money to pursue non-existent "careers".

To put the student loan issue into perspective, there is roughly $1.3 trillion of student loans outstanding to 43 mm Americans, an average balance of $30k per student. Roughly 16% of borrowers are currently in long-term default with outstanding balances totaling $125 billion, or an average balance of $18k per student.

Webmaster's Commentary: 

I am sorry, but when you are going to school, you have to do your own due dilligence about what jobs will be out there by the time you graduate, and figure out your financial risks accordingly.

And that has to be a student's personal responsibility, period, end of discussion.

And the reality right now is, not all well-paying jobs necessitate a college degree, but more specialized training.

I have a double major in music and theatre, which both don't sound like the most practical of degrees; however, I became a published musician, and use my theatre background every day in the marketing I do; it was definitely a skill I was able to hone, and use successfully on the phones.

And for people with the "I'm not going to pay a penny back" attitude; the Federal government will come back at you with a vengeance, destroy your credit, and assign the debt for collection with the most thuggish and outrageous collection agencies they can find; they will make your life a living hell.

When you are looking at a college, you might want to look at a credible, not for profit school, which offers a combination of campus and on-line classes, like Southern New Hampshire University, which has an excellent reputation, and a lot of respect.

They also have very low-cost tuition, which is an absolute blessing.

"Know before you go" is absolutely mandatory, in terms of what degrees are going to be in high demand by the time you graduate, and what the terms and conditions are of your Federal student loans, to get you where you want to go.

Aug 02 12:15

Banking Cartels Are Sending Europe Into Collapse

Unequivocally, the rubber is hitting the road NOW! So much so, I believe “last to go” markets are in danger of being overwhelmed by the chaotically scrambling, Keystone Kop-like, terminally cancerous “powers that be.”

Aug 02 11:40

Looking for Yield in All the Wrong Places

Aug 02 11:14

Former CEO of Italian regional bank under house arrest

Police have arrested the former CEO of Italian regional lender Veneto Banca and seized millions in cash, shares and property as part of an investigation into an alleged scheme to conceal the bank's financial problems.

Financial police said Tuesday that prosecutors in Rome are investigating the allegations of market rigging and interfering with regulatory authorities dating from 2013-2014.

The regional lender's former CEO, Vincenzo Consoli, has been placed under house arrest. Police also searched the homes of 14 others under investigation.

Aug 02 10:57

The Clinton Foundation, State and Kremlin Connections

Russians tied to Skolkovo also flowed funds to the Clinton Foundation. Andrey Vavilov, the chairman of SuperOx, which is part of Skolkovo’s nuclear-research cluster, donated between $10,000 and $25,000 (donations are reported in ranges, not exact amounts) to the Clinton’s family charity. Skolkovo Foundation chief and billionaire Putin confidant Viktor Vekselberg also gave to the Clinton Foundation through his company, Renova Group.

Amid all the sloshing of Russia rubles and American dollars, however, the state-of-the-art technological research coming out of Skolkovo raised alarms among U.S. military experts and federal law-enforcement officials. Research conducted in 2012 on Skolkovo by the U.S. Army Foreign Military Studies Program at Fort Leavenworth declared that the purpose of Skolkovo was to serve as a “vehicle for world-wide technology transfer to Russia in the areas of information technology, biomedicine, energy, satellite and space technology, and nuclear technology.”

Webmaster's Commentary: 

So, under Clinton's watch, and with her Clinton Foundation coffers exploding at the seams with Russian and US "pay for play" money, she is responsible for dual use technology and possibly US sensitive or classified research getting into Russia's hands, in what can only be characterised at "Russiagate"?!?

John Podesta made a fortune out of his participation here as well. As reported yesterday at breitbart.com:

Hillary Clinton’s campaign chairman John Podesta sat on the board of a small energy company alongside Russian officials that received $35 million from a Putin-connected Russian government fund, a relationship Podesta failed to fully disclose on his federal financial disclosures as required by law.

But of course, for Clinton and her cabal, US laws are only obstacles to be flouted and overcome; never observed, save in the breach of them.

Aug 02 10:36

US State Dept employee confirms GMO golden rice is Trojan Horse crop

Companies that own patents on golden rice would be willing to make golden rice available at no cost if the countries involved would be willing to adopt US patent regimens to protect other GMO crops

EXCERPT: A couple of years ago we met with an employee of the US State Department who sat down to talk to us about the benefits of GMO crops for farmers and consumers in the Global South. We asked about whether or not farmers would have to pay a technology fee and purchase the Golden Rice seed each year. He said the companies that own the patents would be willing to make the Golden Rice and virus-resistant cassava available at no cost if the countries involved would be willing to adopt US patent regimens to protect other GMO crops. From a policy perspective, that raises the question of whether these crops are being developed as a humanitarian gesture or a means to ensure the profits of the companies who hold the patents.

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