ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Nov 14 12:59

Deutsche Bank: The First Domino to Fall?

Nov 14 12:09

60% of students are chasing jobs that may be rendered obsolete by technology, report finds

Many of the jobs that young people are training for could vanish completely in 10 to 15 years

Nov 14 09:49

Obama, Clinton will talk to Democrats on Monday

President Barack Obama and Hillary Clinton are planning calls with Democrats on Monday as the party struggles to come to terms with a devastating election defeat.

Obama will host a Monday afternoon call with the Democratic National Committee, according to a notice obtained by POLITICO. The post-election call comes amid ongoing infighting about what direction the party should take and who should be its next leader with Obama leaving the White House and Clinton's surprising defeat.

Clinton will participate in a separate call with House Minority Leader Nancy Pelosi and House Democrats on Monday.

"Your support throughout this campaign meant everything to Hillary and her entire team, and we are so grateful to you," Clinton's team wrote in an email sent to House Democrats.

Webmaster's Commentary: 

And in these conferences, I would almost be willing to bet that Clinton and Obama will say anything to deflect the blame for their party's failure to re-capture the White House, rather than take any tiny bit of personal responsibility for Clinton's spectacular flameout.

Nov 14 09:41

Chaos Ensues As Europe Splinters In Response To Trump: UK, France, Hungary Snub EU Emergency Meeting

While America's so-called "establishment", the legacy political system and mainstream media, appear to be melting, and transforming before our eyes into something that has yet to be determined, Europe also appears to be disintegrating in response to the Trump presidential victory: as the FT reports, in a stunning development, Britain and France on Sunday night snubbed a contentious EU emergency meeting to align the bloc’s approach to Donald Trump’s election, exposing rifts in Europe over the US vote.

Hailed by diplomats as a chance to “send a signal of what the EU expects” from Mr Trump, the plan fell into disarray after foreign ministers from the bloc’s two main military powers declined to attend the gathering demanded by Berlin and Brussels.

Webmaster's Commentary: 

European leaders need to digest the reality that Trump's election signalled a referendum where globalism (which has economically hurt so many Americans) absolutely got battered and trashed to the point where it will be difficult to resurrect it again any time soon in this country.

With 94 million Americans who want to work, but cannot find jobs, and are not counted by the US Bureau of Labor Statistics as unemployed, if they go beyond 27 weeks of being unemployed.... that's a lot of very ticked off Americans.

These people came out to vote this last election, and if they saw that their vote for Trump "flipped" to Clinton, screamed bloody murder about it.

They were just not going to take their reversals of fortune passively, as the globalists had hoped, but voted for the candidate they thought might offer real change.

We will have to wait and see if Trump Inc can deliver on this; but to be brutally honest, Clinton offered no hope or change for the better; just the same old, same old vacuous promises with no real policy vision behind them, coupled with a criminally arrogant attitude of entitlement.

This is why working women voted, in large numbers, for a Trump presidency.

Nov 14 08:55

YOU’LL ONLY UNDERSTAND TRUMP AND BREXIT IF YOU UNDERSTAND THE FAILURE OF GLOBALIZATION

You can only understand the victory of Donald Trump and Brexit once you understand the failure of globalization …

Trump made rejection of globalization a centerpiece of his campaign. In his July 21st acceptance speech as the Republican nominee, he said:

Americanism, not globalism, will be our credo.
The Boston Globe bannered this headline on Thursday: “Trump won. Globalization lost. Now what?”

On election night, CNN’s Jake Tapper explained that many Americans voted for Trump because they are sick of the income inequality, globalization, and politics-as-usual that the status quo have given us. He pointed out that only a handful of people have gotten rich off of globalization, and a lot of people have been left behind.

Counterpunch wrote Friday:

The real meaning of this upset is that Wall Street’s globalization project has been rejected by the citizens of its homeland.

Webmaster's Commentary: 

That's it, in a nutshell; a referendum between a failed globalism, which has left so many Americans economically in the dust, and American ingenuity and jobs.

Nov 14 08:37

Hemp Can Make America Great Again!

By Neenah Payne

The good news is we’ve found a plant that can save the world. The bad news is…it’s illegal!

Donald Trump has promised to “Make America Great Again”. President-Elect Trump issued his plan for the first 100 days of his administration which includes repeal of Obamacare and the restoration of our economy. However, his plan is missing the most important step that Trump as a businessman can take to jumpstart our economy and provide the best healthcare — quickly and easily...

Nov 14 07:06

OBAMA’S BASKET OF ECONOMIC DEPLORABLES

Nov 14 03:04

$221,692,000,000: Federal Taxes Set Record for October; $1,459 Per Worker; Feds Still Run Deficit of $44,192,000,000

Despite bringing in record tax revenue of $221,692,000,000 this October, the federal government ran a deficit of $44,192,000,000 during month. That is because federal spending in October was $265,884,000,000.

Nov 13 15:13

Trump should resist neocon & shadow gov’t influence to justify people’s hopes – Ron Paul

Trump’s ability to honor his campaign rhetoric will depend on the role of the so-called “shadow government.”

“Unfortunately, there has been several neoconservatives that are getting closer to Trump. And if he gets his advice from them then I do not think that is a good sign,” Paul told the host of RT’s Crosstalk show Peter Lavelle.

Nov 13 11:41

The True Sharing Economy: Inaugurating An Age Of The Heart

Now let us turn our attention towards the inner meaning of a sharing economy, bearing in mind that we cannot propose a glossary definition from a spiritual or psychological perspective, for the meaning of sharing stems from the heart and not from intellectual activity alone.

Nov 13 09:47

Profile of a Liberal Sociopath: Billionaire George Soros

George Soros is very, very rich, and he’s also a soulless sociopath, an inhumane left-wing extremist who collaborated with the Nazis in his youth.

But that’s just my take on the man. Based exclusively on his own words. So I could be wrong.

Be prepared to be hit with revulsion. Soros betrayed other Jews and helped steal their property and send them to their tragic deaths to spare himself.

And he doesn’t feel any guilt about it. None.

This is the face of pure evil… and with whom the Democrat party has aligned itself.

Nov 13 09:36

Trump’s Victory: Arrogance Defeated

Little by little a new class alliance formed: the one percent as it is called, or more realistically the richest ten percent who benefit from globalization are allied with the middle class intelligentsia to sell us globalization in the name of “openness to others” and which flaunt the specter of racism or sexism to attract minorities and certain feminists (for although women are not a minority, certain feminist demands are similar to those of minorities).

But that alliance was extremely unnatural in socio-economic terms, because the main victims of globalization are the least qualified workers, often women or members of minorities.

The left’s pro-globalization bias led it astray step by step. First it gave up all effort at regulating the economy, satisfying itself with claiming to share the fruits of growth fairly by ensuring “equal opportunity”. But in the real world, inequalities grew far more than the economy.

Nov 13 09:31

With Trump in Power, the Fed Gets Ready for a Reckoning

Paul A. Volcker, the Federal Reserve chairman, received an urgent warning two weeks after Ronald Reagan won the 1980 presidential election. Some of the president-elect’s advisers, he was told, wanted to abolish the central bank and replace it with a computer program that would manage interest rates and monetary policy.

Today, a Democratic Fed leader is once again bracing to see whether victorious and emboldened Republicans will try to overhaul the central bank.

Webmaster's Commentary: 

... with a flame-thrower!

Nov 13 09:14

MACY'S NET INCOME FELL BY 87%...SEVENTH STRAIGHT QUARTER OF DECLINES IN BOTH PROFITS AND SALES...

Webmaster addition: There is a Macy's here at the bottom of the hill, and Claire and I were wandering through there the other day and could not help but notice how cheaply made everything was both in terms of materials and workmanship! It looked like the five and dime from my childhood!

Nov 12 15:06

COLORADO TO TEST TAXING DRIVERS BY THE MILE

Nov 12 13:57

HANJIN SHIPPING TO LAY OFF 2,500

Nov 12 11:07

Will the Deep State undermine Trump’s agenda ?

Can President Trump maintain his independence?

Can President Trump stay clear of neocons in his Cabinet picks?

RT’S Peter Lavelle Interviews Dr. Ron Paul :

With the surprise election of Donald Trump, can we expect an equally surprising foreign policy from him? During the campaign he provided us with a glimpse of his thinking. Will there be a Trump Doctrine?!

Nov 12 11:04

What Donald Trump Needs To Do

There has never been a better-suited and more experienced President when it comes to these issues...

Now that Donald Trump has been elected President of the United States of America, there are a lot of things he needs to do.

He has seen firsthand the unseemly underbelly of the various Deep State actors that have fought tooth and nail to both undermine and character assassinate him, as well as destroy him personally and professionally.

But Donald Trump is made of legendary stuff, and not only endured these constant and underhanded attacks, but also exposed and destroyed them all, one by one.

Nov 12 10:23

Here’s Donald Trump’s plan for the first 100 days in office

In October, Trump released a “100-day action plan to Make America Great Again.” The campaign said this was “his contract between myself and the American voter – and begins with restoring honesty and accountability, and bringing change to Washington.”

Here are some highlights of his plan:Donald Trump’s 100 Day Plan
Set Congressional term limits
Hiring freeze on all federal employees (exempting military, public safety, and public health)
Create requirement that for every new federal regulation, two existing regulations must be eliminated
Renegotiate NAFTA
Withdrawal from Trans-Pacific Partnership
Allow Keystone Pipeline to move forward.......

Nov 12 08:24

The End of the Federal Reserve hegemony - 2017?


The 'creature from Jekyll island' (the aptly named organisation "Federal Reserve Bank" is neither federal, nor a full reserve as such!) is on its last legs as it struggles to retain the US dollar hegemony. Why worry about the $19 trillion debt level, the highest in the world, when you've got the dollar printing machine?

Nov 11 20:29

Soros-fronted orgs among groups calling for anti-Trump protests (VIDEO)

Some of the anti-Trump protests in the US have been organized by groups that were sponsored by Clinton sympathizer and billionaire George Soros.
Trends
US Elections 2016
Among Wikileaks’ Podesta emails was a strategy document involving the Soros-supported MoveOn.org and grassroots organizing and funding.

Nov 11 17:29

Emerging Market Routs

Nov 11 15:42

Cashless Society: India Bans Currency Notes Sparking Chaos At Banks

By John Vibes

The government in India has recently made a move to ban large currency notes, continuing the push towards a cashless society, an effort that the country has been working on for decades. 500 and 1,000 rupee notes were banned throughout the country, which may seem like large currency notes, but they exchange for just a few American dollars, and represent 85% of the cash transactions in the country...

Nov 11 13:28

Obama set to green-light disputed Dakota Access pipeline

The Obama administration is expected to approve the disputed easement for the Dakota Access pipeline as soon as Monday, according to two sources familiar with the timing — dealing a major blow to climate activists even before Donald Trump takes office.

The decision would let the pipeline be built across the Missouri River near the Standing Rock Sioux's reservation in North Dakota, where protesters have been camped out for months in one of the largest ongoing environmental standoffs of recent years.

The move is not surprising, given that Trump's upset victory tees up the $3.7 billion oil pipeline's eventual approval no matter what the outgoing administration decides. But the expected move is raising concerns among some Dakota Access opponents that nationwide protests planned for Tuesday could turn uncivil.

Webmaster's Commentary: 

Please, protesters, on Tuesday, do not listen to those who advocate violence here; you will be horrifically outnumbered, and outgunned, and I fear for your - and your children's - physical safety.

But this move on Obama's part is simply a continuing, and painful, demonstration that he is no less a creation of corporate masters than are his Republican colleagues.

Nov 11 13:20

Poll: Half of America Can’t Afford More Than $100 a Month on Health Insurance

More than half of Americans—52.5 percent—say they cannot afford to spend more than $100 a month on health insurance premiums, according to a poll from HealthPocket, a technology company that compares health plans.

The group asked survey respondents at the beginning of open enrollment what was the highest monthly premium they could afford to pay for health insurance in 2017.

More than half of respondents said $100 a month or less, while 15.9 percent said they could afford to spend $200 a month.

Just over 11 percent said they could afford $300 a month, 5.5 percent said they could afford $400 a month, and 4.8 percent said they could spend $500 a month, while and 9.8 percent said they could afford $500 or more.

“Double-digit rate increases for people purchasing insurance in the Affordable Care Act market has renewed questions regarding what people can afford to pay for coverage,” the survey states.

Webmaster's Commentary: 

We are seeing droves of people avoid regular checkups because they do not have the money to pay,and cannot afford the more expensive programs, under Obamacare, which is rekitting as I type this.

I hope President-Elect Trump finds a way of making health care more accessible and affordable for more people.

In Europe, there are many, very basic "single payer" programs which people are required to buy; need is completely matched to care, and the insurance companies make their money by selling more elaborate policies when they can.

Nov 11 11:14

So Much for Draining the Swamp: Did Trump Team Consider JP Morgan Chase CEO Jamie Dimon for Treasury Secretary?

Reuters and others are reporting that one of the advisors on Trump’s transition team has reached out to Jamie Dimon — CEO of JPMorgan Chase Bank and former member of the Board of Directors of the Federal Reserve Bank of New York — to be Trump’s Secretary of Treasury.

Dimon, if you aren’t familiar, is the guy who oversaw $25 billion in TARP funds transferred from the U.S. Treasury Department to JPMorgan Chase bank during the 2008 bailout. It has been pointed out many times over JPMorgan Chase didn’t even remotely need a bailout, as it was the healthiest of the big nine banks after the collapse.

Nov 11 11:00

Trump Advisor: Gold Backed Bonds?

Nov 11 03:29

Massive Cyberattacks Hit Russian Banks Following An Explosion That Left 300,000 Without Power.

Moscow-based internet security giant Kaspersky said Thursday that massive cyberattacks were hitting five of Russia’s largest banks. Earlier several days ago, an explosion hit Russia’s electrical grid, and 300,000 Russian homes were without power.

Nov 10 22:45

Paper money an open door ‘to every species of fraud and injustice’

Donald Trump says he wants to make America great again. He can do that by shutting down the Federal Reserve and returning the U.S. to a gold-backed sound monetary system. It should be his first order of business.

Nov 10 22:42

It Looks Like George Soros is Funding the Trump Protests Just Like He Funded the Ferguson Riots

Why would anyone want to cause all this trouble?
That’s where the web gets tangled. It certainly seems counterproductive to set fire to America. After all, what these people are doing is likely to end up with more tyranny – like martial law, for example.

Exactly.

That’s precisely the plan.

Nov 10 20:54

Texas the Pension Crisis Exposed

Nov 10 18:17

It's a Girl! It's a Boy! It's a Bull Market

Nov 10 14:57

A Generation Of UK Children Will Suffer In Poverty. Suddenly That’s Normal

“Austerity” may be an abstract term to much of the public – or a thing of the past, if you listen to Theresa May – but its casualties are ever real. Real children, in fact.

Nearly half of children are now living in poverty in some parts of the UK, research by the End Child Poverty coalition has found. It’s worth pausing on that. In an era of rising rents, low wages and benefit freezes and cuts, go to a playground in many areas of this country – think Birmingham, Manchester, or London – and out of a group of 10 boys and girls, four or five of them will be in poverty.

Nov 10 13:48

Donald Trump Just Killed Off The TPP


Probably not a coincidence that shortly after President-elect Donald Trump's first official visit to the White House & extended private sit-down with Obama, the Internet exploded with excitement over news that Obama has declared the TPP (Trans-Pacific Partnership) dead, reversing his earlier plan to push for TPP passage before leaving the White House in January. Awesome first deal for us, Mr. Trump. Almost everybody - honest Republicans, honest independents, honest American workers, and honest policy analysts - thought the TPP was a bad idea.

Nov 10 10:03

Hated Tory ‘Bedroom Tax’ Discriminated Against Disabled Claimants, Court Rules

Tory welfare reforms suffered a blow in the Supreme Court as judges ruled the government acted outside of the law when it imposed its so-called ‘bedroom tax’ on a woman suffering from spina bifida and a couple caring for their disabled grandson.

Nov 10 06:17

The End of the Federal Reserve hegemony - 2017? [Video]

The 'creature from Jekyll island' (the aptly named organisation "Federal Reserve Bank" is neither federal, nor a full reserve as such!) is on its last legs as it struggles to retain the US dollar hegemony. Why worry about the $19 trillion debt level, the highest in the world, when you've got the dollar printing machine?

Nov 10 05:18

Gold prices grow by $60 as Trump wins, US dollar trashed

Republican Donald Trump has won the US presidential election. Hillary Clinton congratulated her rival on the victory and refused to speak to her supporters.
As Pravda.Ru has reported before, Trump's victory has greatly affected the state of affairs on world markets. During the last four hours, against the backdrop of the struggle between the presidential candidates, gold has risen in price by 4.5%, or $60. January futures for Brent oil fell by 2.2%. According to The Financial Times, the Mexican peso has fallen to a record low against the US dollar, having lost 13.1%, to 20.69. The Swiss franc has gained 1.9% vs. the US dollar to 0.9577. The Canadian dollar has declined to an eight-month low against the US currency. The Australian dollar has dropped by 1.9 percent to $0.7615. The pound sterling has gained 1.04 percent to $1.2513. The euro has climbed by 2.2 percent to $1.1261.

Nov 08 23:28

'Resentment vote' could see governments replacing central banks

The "resentment vote" that may see Donald Trump elected into the White House could signal a new era where governments replace central banks at the epicentre of market activity, a leading economist says.

In what would be a shock victory, Trump is leading Hillary Clinton in key states in the US election. The result is causing jitters in global markets and has hit New Zealand's stocks..

The share market's benchmark S&P/NZX 50 closed down 3.34 per cent at 6,664 points. Compare that to Britain's vote to leave the European Union in June, when the NZX50 closed for the day closed down 2.3 per cent at 6667.8 points.

ANZ chief economist Cameron Bagrie said a possible Trump victory - along with the United Kingdom voting to leave the European Union in June - signalled a new era of market activity.

"A key message out of the US election result - Brexit as well - is that the social contract between mainstream politics and the electorate has been broken," he said.

Nov 08 19:23

Dow futures down 300 as election looks tighter than expected

Stock futures plunged as traders watched for the outcome in a presidential race that continued to be extremely tight.

Investors moved into bonds and stock futures fell as traders questioned whether Democrat Hillary Clinton could win the race, as expected. The Mexican peso fell sharply against the U.S. dollar.

Nov 08 13:46

UK To Sell Off Military Lands For Housing Purposes

British Defense Minister Michael Fallon says that government is auctioning off 56 of its military sites to reduce running costs and release more land for housing purposes.

Speaking at the UK Parliament’s House of Commons on Tuesday, Fallon said that the sale of the sites was part of an estate review program which would improve cost management at his department.

Nov 08 13:17

‘Child Poverty Will Rise’ As Tough New Welfare Cap Comes Into Force

Tens of thousands of families will be hit with a controversial new benefits cap that comes into force on Monday, bringing maximum payments for working age households to £23,000 ($28,500) in London and £20,000 ($24,840) outside the capital.

The move, announced in 2015 by then-chancellor George Osborne, is part of the government’s attempt to cut £12 billion ($14.9bn) from the welfare bill.

Nov 08 08:47

Government Workers Now Outnumber Manufacturing Workers by 9,977,000

(CNSNews.com) - The United States lost 9,000 manufacturing jobs in October while gaining 19,000 jobs in government, according to data released by the Bureau of Labor Statistics.

Government employment grew from 22,216,000 in September to 22,235,000 in October, according to BLS, while manufacturing jobs dropped from 12,267,000 to 12,258,000.

The 22,235,000 employed by government in the United States now outnumber the 12,258,000 employed in manufacturing by 9,977,000.

Nov 08 07:59

Donald Trump’s Final Rally: Grand Rapids, MI 11/7/16

“Do you want America to be ruled by the corrupt political class or do you want America to be ruled again by the people?” Trump asked.

“I want the entire corrupt Washington establishment to hear the words we are about to say. When we win on November 8, we are going to drain the swamp” Trump said.

“Tomorrow the American working class will strike back.” Trump said.

Nov 08 07:07

3,000 Homeless People Denied Food As City Forces Charity to Bleach the Food and Throw it In Dumpster

Every year, for the last five years, volunteers with Kookers Kare – a group of barbecue chefs with hearts as big as their stomachs – have worked together to feed thousands of hungry homeless people. However, this year, 3,000 homeless people expecting that food, were denied it, thanks to the cold and callous hand of the state.

Every year, after the annual food festivities have finished, selfless volunteers round up thousands of pounds of leftovers from the massive cookoff and prep them for distribution to the less fortunate. Every year, this has gone off without a hitch — until this year.

After volunteers collected the food to be distributed to the homeless, the same food, which was just deemed safe enough to dish out to the cook-off attendees, was then labeled for destruction by Kansas City Health Inspectors.

Webmaster's Commentary: 

"If those homeless people want to eat, LET THEM GO TO THE SUPERMARKETS AND BUY FOOD!!!!" -- Official White Horse Souse

Nov 08 06:42

McDonald's sues Florence for $20 mn after city blocks restaurant

Hard on the heels of stoking anger over plans to open a restaurant in the Vatican, McDonald's has filed a $20-million lawsuit against Florence for blocking a proposed outlet in the city's most revered square.

Nov 08 06:22

4 Year Proposition? - Next President Has To Contend With Obama's Massive Debt Burden At "Epic Turning Point"

Whoever wins the 2016 presidential election tomorrow night could be in for a rough 4 years in the White House courtesy of the gigantic debt burden amassed by Obama over the previous 8 years. While an accommodative monetary policy, including seemingly unlimited treasury buying by the Fed and foreign governments, has suppressed the budget impact of Obama's ballooning federal debt balance, as Ed Yardeni told Bloomberg, "one shudders to think what would happen if rates actually ever did go back to normal.”

“We’ve really got ourselves into a pickle here,” said Edward Yardeni, president of Yardeni Research Inc. in New York, who’s been following the bond market since the 1970s. “All these years we’ve been kicking the can down the road, and suddenly we’re seeing a brick wall.”

Nov 07 11:11

Increased Poverty in 96% of U.S. House Districts, During Obama’s Presidency

On November 3rd, Morning Consult’s Jon Reid bannered, “Poverty on the Rise in Nearly All House Districts” and he reported that, “A Brookings Institution study, released less than a week before the election, shows that the number of people living in poverty has increased in 96 percent of congressional districts between 2000 and 2010-2014.”

That finding fits along with others, such as that the economic ‘recovery’ after Barack Obama came into the White House in 2009, went virtually entirely to the very rich.

Webmaster's Commentary: 

Expect the numbers to worsen, for poor and middle class Americans, under a Clinton Presidency.

Nov 07 10:51

"The Money Has Vanished": Tesco Bank Halts Online Payments After Cash Taken Out Of 20,000 Accounts

While we doubt this particular intrusion will be blamed on Russian hackers, thousands of British citizens were unable to access their money today when Tesco Bank, the lending arm of the U.K.’s biggest grocer, said it suspended online transactions after about 20,000 customers had money fraudulently taken from their accounts. Tesco Bank has more than 7 million customer accounts in total across a range of products like insurance and mortgages.

Nov 07 10:05

AMERICA'S RULING ELITE HAS FAILED AND DESERVES TO BE FIRED

The sole output of America's Establishment/Ruling Elite is self-serving hubris.

America's Ruling Elite is freaking out because a significant percentage of the American public is trying to fire them. The Ruling Elite has failed and deserves to be fired, and deep down, they know it--and this awareness of their self-serving failure fuels their panic and their loathing of the non-elite Americans who are trying to fire them.

If you think this chart of soaring student loan debt is a sign of "success," you are 1) delusional 2) protected from the dire consequences of this failure 3) getting your paycheck from this failed system. That in a nutshell is the state of the nation: those who are protected from the consequences of failure are loyal to the Establishment, as are the millions drawing a paycheck from systems they know are irredeemable failures.

Webmaster's Commentary: 

These one percenters have overturned this nation, making it no longer the United States of America, but the United States of Anxiety, where the jobs which used to be the bedrock of this nation's middle class have been offshored/outsourced to the point where many of them are scrambling between several minimum wage jobs, and working horrifically long hours, but which cannot pay the bills, let alone medical insurance.

As cnsnews.com reported this last June:

A record 94,708,000 Americans were not in the labor force in May -- 664,000 more than in April -- and the labor force participation rate dropped two-tenths of a point to 62.6 percent, near its 38-year low, the Labor Department's Bureau of Labor Statistics reported on Friday. When President Obama took office in January 2009, 80,529,000 Americans were not participating in the labor force; since then, 14,179,000 Americans have left the workforce -- some of them retiring and some just quitting because they can't find work.

Apparently, those people who have "given up trying" to find a job are not counted by the US Bureau of Labor Statistics, because they have been unemployed "too long to actually matter."

I would like to strongly suggest that these people are NOT irrelevant, and absolutely worth counting, to get a true figure of the staggering scope of the unemployment problem in this country.

Nov 07 07:46

Not Markets Alone But Creativity And Innovation For Development

As human beings, we are naturally social and creative. The inherent curiosity that drives us to innovate is ultimately a testament to the creative impetus that resides within all of us. And the richness and flexibility of human behavior, including our capacity for cooperation and adaptation, further allow us to envisage and create a world that far outstrips the current economic and political models many regard as immutable and take for granted. Consider the standard economic model of human behavior, which holds that we are naturally self-important, rational consumers, simply striving to achieve maximum individual utility.

Nov 07 07:22

Not Your ‘Average’ Test For Stocks Here

Nov 06 23:19

‘Significant damage’ in key US oil hub Cushing after 5.0 quake shakes central Oklahoma

A 5.0-magnitude earthquake struck some 2km west of the town of Cushing, Oklahoma, causing serious structural damage to downtown area and power outages. The town is a major hub in US oil supply with its 13 pipelines pumping millions of barrels a day.

Nov 06 13:33

A Digital 9/11 If Trump Wins

Brace yourselves folks. The Globalists are trembling in their boots.

It is a green light for a coup d’état by the Deep State forces who found that they could not win through the “normal” rigging methods.

There are disturbing signs that a digital 9/11 terror attack is being readied for election day in the US to ensure that Donald Trump does not win.

Such an attack – involving widespread internet and power outage – would have nothing to do with Russia or any other foreign state. It would be furnished by agencies of the US Deep State in a classic “false flag” covert manner. But the resulting chaos and “assault on American democracy” will be conveniently blamed on Russia.

Nov 06 11:03

Poverty Rose In 96% Of U.S. House Districts, During Obama’s Presidency

On November 3rd, Morning Consult’s Jon Reid bannered, “Poverty on the Rise in Nearly All House Districts” and he reported that, “A Brookings Institution study, released less than a week before the election, shows that the number of people living in poverty has increased in 96 percent of congressional districts between 2000 and 2010-2014.”

Nov 06 08:22

THE OIL-GAS WAR OVER SYRIA, IN MAPS

Turkey’s Anadolu News Agency, though government-run, is providing remarkably clear and reliable diagrammatic descriptions of the current status of the U.S-and-fundamentalist-Sunni, versus Russia-and-Shia-and-NON-fundamentalist-Sunni, sides, in the current oil-and-gas war in the Middle East, for control over territory in Syria, for construction of oil-and-gas pipelines through Syria supplying fuel into the world’s largest energy-market: Europe. Russia is now the dominant supplier of both oil and gas, but its ally Iran is a Shiite gas-powerhouse that wants to share the market there, and Russia has no objection. Qatar is a Sunni gas-powerhouse and wants to become the main supplier of gas there, and Saudi Arabia is a Sunni oil-powerhouse, which wants to become the major supplier of oil, but Saudi oil and Qatari gas would be pipelined through secular-controlled (Assad’s) Syria, and this is why the U.S.

Webmaster's Commentary: 

Yet another sterling example of the reality of Karl Marx's statement: "All wars are economic."

This has ZERO to do with humanitarian assistance to the Syrian people, and EVERYTHING to do with money from pipelines, where the oil goes, and in what national denomination is is sold.

Nov 06 04:17

Civil War II - Fourth Turning Is Intensifying (Part 1)

“History offers even more sobering warnings: Armed confrontation usually occurs around the climax of Crisis. If there is confrontation, it is likely to lead to war. This could be any kind of war – class war, sectional war, war against global anarchists or terrorists, or superpower war. If there is war, it is likely to culminate in total war, fought until the losing side has been rendered nil – its will broken, territory taken, and leaders captured.” – The Fourth Turning – Strauss & Howe -1997

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