ECONOMY | WHAT REALLY HAPPENED

ECONOMY

Dec 23 08:55

Muilenburg Fired As Boeing CEO

In what was not entirely surprising, Boeing CEO Dennis Muilenburg has "resigned" and will be replaced by current Chairman David Calhoun.

CNBC's Phil LeBeau has a slightly different take:

"This was the decision of the board. .. He was fired."

The Board of Directors decided that a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders.

Under the Company's new leadership, Boeing will operate with a renewed commitment to full transparency, including effective and proactive communication with the FAA, other global regulators and its customers.

"On behalf of the entire Board of Directors, I am pleased that Dave has agreed to lead Boeing at this critical juncture," Mr. Kellner said. He added,

Webmaster's Commentary: 

Translation from Corporatese into English; Boeing is now going to be the "Poster Corporation" for Damage Control.

And yet, for the horrific problems with the 737 MAX, no one goes to jail?!?

Dec 23 07:05

THE KEY TO UNDERSTANDING THE DOLLAR CRISIS

Dec 23 06:33

America the Shrunken”

There are still some rich cities in America, and even some glitzy ones, but when we pull back the curtains and survey the entire stage, today we see a preponderance of decay. Detroit, Chicago, many California cities, much of Florida, and so many more with not only neighborhoods but entire counties and larger areas rotting from the inside. The great corporations are gone, the jobs are gone, the wealth is gone; only decaying skeletons remain to remind us of what once was. So much of America today is just junkyards, abandoned homes, lifeless slums, empty lots, rusting carcasses of factories, and homes full of despair.

Webmaster's Commentary: 

We live in a lovely, small community, where people know their neighbors, and smile, and say hello to them frequently.

But in our nearest "larger neighbor to the West", one sees boarded up businesses; young people, and sometimes kids, reaching out for some kind of hand out, just to keep body and soul together.

This is absolutely NOT the America I grew up to expect, at this point in the 21st century; At 70, I am very blessed to be working. But that so many people are having tough times all around us, is very disconcerting.

President Trump cannot be talking about a "great economy", when the real numbers say something else entirely different; this country is very close to losing what used to be the middle class, as the decently paying jobs are outsourced to Asia, or wherever else the labour is the cheapest.

People who used to be able to afford house payments, because of those former middle class jobs no longer can; they have been shoved into bone/brain crunching jobs at places where cheap labor is the norm.

And unless there is some remedy to these conditions, and soon, in this country, we may well see collective unhappiness morph into seething anger.

Where that anger will take this society, I cannot tell; but it is very close to happening soon.

Dec 23 05:10

'Tolerant' UAE revokes citizenship of dissidents' families: HRW

Human Rights Watch on Sunday accused the United Arab Emirates of taking punitive measures against relatives of dissidents, including revoking their citizenships and banning them from travel.

The government of the oil-rich Gulf state has revoked the citizenship of 19 relatives of two dissidents and at least 30 relatives of six dissidents are barred from leaving the country, the rights group said in a report.

"UAE authorities, in their determination to crush dissent, have allowed their state security apparatus to use its near-unchecked power to continually punish the families of activists, both detained and living abroad," said Michael Page, deputy Middle East and North Africa director at HRW.

"The authorities should cease these vindictive attacks, which amount to collective punishment," he added.

Webmaster's Commentary: 

It was rather ironic that when one googles Abu Dhabi, the capital of the UAE, one immediately gets a FLOOD of ads, touting it as a beautiful, incredible, place to vacation; unfortunately, with these moves against people who may think differently than their leadership, Abu Dhabi is a place which I will shun the rest of my life, as through it were Kryptonite, putting it right up there with Riyad, Saudi Arabia, as places I would not ever, ever visit this lifetime.

Dec 23 04:37

As Seoul loses faith in Trump’s approach on North Korea, China is poised to step in

As 2019 draws to a close, unease is growing in South Korea over US methods in dealing with North Korea, which has threatened a possible missile launch or nuclear test referred to by officials as a “Christmas surprise”.

Scepticism has deepened over Washington’s ultimate aims for the Korean peninsula, given the pressure on Seoul to buy more US arms and increase its share of costs to keep 28,500 American troops stationed in South Korea.

The South is already Washington’s fourth-biggest weapons market, spending US$6.23 billion between 2009 and 2018, and recently deployed a fleet of US F-35A stealth fighter jets, a move condemned by Pyongyang as a breach of last year’s inter-Korean summit agreement.

Webmaster's Commentary: 

President Trump's US foreign policy trajectory, may well have the world deeply concerned about the possibility of more missile, and nuclear missile manufacturing by North Korea.

The four party talks might be the only answer to a potential expansion of North Korea's offensive missile capabilities; it would be a wonderful moment, if President Xi can make this happen, and President Trump actually becomes a part of this process, although it will be a "hard sell" to his base, in this coming election year.

Dec 23 04:24

Sanctioned Muslim nations weigh trading with gold to bypass restrictions

Malaysian leader’s proposal at Islamic nations’ summit receives warm reception from Iran, Turkey and Qatar, who are currently facing a host of economic embargoes.

Iran, Turkey, Qatar and Malaysia are weighing trading among themselves in gold and other currencies in an effort to combat current and future sanctions imposed against them, Malaysian Prime Minister Mahathir Mohamad said on Saturday.

“I have suggested that we re-visit the idea of trading using the gold dinar and barter trade among us,” the Reuters news agency quoted Mohamad as saying at the conclusion of a summit in Malaysia for Islamic states. “We are seriously looking into this and we hope that we will be able to find a mechanism to put it into effect.”

Webmaster's Commentary: 

This is a reasonable response to US sanctions and embargoes.

What President Trump has done, with these issuances of trade restrictions, has been to:

1. Cause nations around the world to dump the dollar.
2. Move nations toward gold backed currencies
3. Pull nations away from the US orbit, and put them into the orbit of Russia and/or China. economically and and defensively.

Bravo, Mr. President, well done! - If in fact these reactions to your sanctions and embargoes were supposed to accomplish these outcomes.

IF not, Mr. President, you have managed to tick off some formerly friendly nations, and have risked putting our country into the jeopardy of more endless wars, which started out as trading disputes.

Dec 23 04:16

Russia's Gazprom to pay $2.9 billion in new Ukraine gas deal

The Russian energy giant has agreed to settle its long running dispute with Ukraine over transit fees. A new five-year Moscow-Kyiv gas deal will also reduce European concerns over the loss of access to Russian fuel.

Russia and Ukraine have agreed to continue to send gasoline through Ukraine to Europe for a further five years.

The new deal, outlined by Moscow and Kyiv on Saturday, eases concerns over whether Europe could lose access to a large portion of Russian gas, which the region depends on to fuel industry and heating.

Russia sends roughly 40% of its gas deliveries destined for Europe through Ukraine.

Webmaster's Commentary: 

It appears now, that both countries want responsible leadership to bury old hatchets, and go about taking care of their citizens; this is a very positive turn of events.

Dec 22 22:55

Nordstream Sanctions a Sad Coda to U.S. Foreign Policy

The U.S. crossed the Rubicon this week. And I’m not talking about the ridiculous impeachment of President Trump for doing his job.

I’m talking about passing the NDAA with provisions to sanction ‘from hell’ anyone associated with completion of the Nordstream 2 pipeline. The U.S. is now openly dismissive as a matter of law any ally or partner who engages in economic activity it disapproves of.

Dec 22 22:29

Diminished Combustion

It didn’t work last time – but this time is different.

Last time, the method deployed to get rid of cars – or at least, cars for us – was emissions standards. The plan was to lay down requirements so severe that cars couldn’t be made to comply with them.

Dec 22 11:06

40% of Families Have Delinquent Debt

Dec 22 10:54

The Disaster of Zimbabwe’s Price Controls

Dec 22 10:25

“America the Shrunken”

In May of 2014, Frank Bruni wrote an article for the NYT titled ‘America the Shrunken’, in which he detailed what he called “the downward arc of a diminished enterprise” that was the USA, quoting friends who claimed their children would live in a more impoverished America, that the reign was over and the slide was inevitable. The optimism and the arrogant swagger are mostly gone.

One American commenting on an article in the Wall Street Journal, wrote the following:

Dec 21 09:38

Sleeping dragon no more: China about to replace US as strongest naval power and Washington is too late to stop it

China might soon shift the world naval balance and unseat the US as the modern master of the seas. The process appears to already be under way, and there is little that Washington can do about stopping it.

Visibly shaken by what it has seen on a photo showing just one of China's military shipyards near Shanghai, the business magazine Forbes recently told its readers an alarming story about the "impressive rate" and "vast scale" of Chinese naval modernization.

Dec 21 09:26

NASA Predicts Next Solar Cycle will be Lowest in 200 Years (Dalton Minimum Levels) + the Implications

An approaching Grand Solar Minimum is gaining evermore support. Even NASA appears to be on-board, with their recent SC25 prediction — though, predictably, they stay clear of the implications.

NASA’s forecast for the next solar cycle (25) reveals it will be the weakest of the last 200 years.

Dec 21 09:09

Thousands of Liberians could gain pathway to U.S. citizenship under a bill Trump just signed

The 2020 National Defense Authorization Act includes a provision that could legalize the status of thousands of Liberian immigrants like Clark whose protections from deportation have or are set to expire.

Although estimated to cover a comparatively small population, the creation of the legalization program represents an improbable feat for immigrant advocates under the Trump administration, which has overseen a crackdown on both legal and unauthorized immigration.

Dec 21 09:05

House approves Trump's flagship US-Mexico-?anada trade deal, day after impeachment vote

This is a thinly disguised implementation of UN Agenda 21/30.

The US House of Representatives has given the green light to a trade deal between the US, Canada and Mexico that would replace NAFTA, known as the USMCA, passing the bill on to the Senate for another vote.

The sweeping trade deal was passed in the House on Thursday 385-41 and is set for a Senate vote sometime after the new year. If signed into law, the deal would establish new rules for commerce between the three countries, supplanting the longstanding North American Free Trade Agreement, or NAFTA. https://theamericanawakening.org/usmca-promoting-un-agenda-21-for-sust...

https://www.youtube.com/watch?v=mCNsLL9F8rg

http://iagenda21.com/wp-content/uploads/2018/12/USMCA-Redux-Reprint-1.pdf

Dec 21 08:56

More Than 9,300 Stores Closed Across US in 2019: Report

A report found that more than 9,300 stores have closed or are closing across the United States in 2019, including locations operated by Payless, Gymboree, Fred’s, Walgreens, Family Dollar, and many more.

Dec 21 04:44

THE REAL LESSON OF AFGHANISTAN IS THAT REGIME-CHANGE DOES NOT WORK

SOURCE: NICOLAS DAVIES VIA COUNTERPUNCH

The trove of U.S. “Lessons Learned” documents on Afghanistan published by the Washington Post portrays, in excruciating detail, the anatomy of a failed policy, scandalously hidden from the public for 18 years. The “Lessons Learned” papers, however, are based on the premise that the U.S. and its allies will keep intervening militarily in other countries, and that they must therefore learn the lessons of Afghanistan to avoid making the same mistakes in future military occupations.

Webmaster's Commentary: 

The only place here, where Davies misses the mark, is in not crediting the role the independent media has played, in working assiduously, to get the truth out there, for those who would actually take the time to read, and/or listen to it.

This nearly 20 year horrific and catastrophic failure, on the part of the US government, no matter who was in charge, caused many a person holding even a slightly unconventional view on this war, based on what facts emerged, to be branded as "an idiot", or worse.

Folks, the butt-ugly truth about Afghanistan is the following; the only guy who was able to conquer, and hold, this region through a series of dynastic alliances and marriages, was Alexander the Great; and that was only for a relatively short time.

Yes, the country sits over an embarrassment of riches, between the pipelines, and rare earth elements; but the Afghani people have got to have the opportunity to create a new country and a new society from within.

The sorry state of corruption in which the US has left this country, not to mention our ex-military who are dying with cancer, because their housing was occasionally placed right on top of chemical dumpsites, with zero thought to their safety, has to be remedied.

But instead of billions for war, the US government should be spending money on treating our Vets, and focusing on allowing Afghanis the opportunity to emerge as whole as possible, given a chance to educate their kids, and sleep in peace.

The bottom line here is, this was "unwinnable" from its very inception, and it is high time for Americans to come home, permanently.

Dec 20 11:28

HomeUSA NewsAll I want for Christmas is $23tn in debt: Rand Paul lays waste to reckless US spending in annual Festivus Report

Offering some relief from the impeachment spectacle grinding on in Washington, Senator Rand Paul has released his yearly Festivus Report, chronicling the outrageous – but sometimes comical – spending habits of the US government.
Whether it’s funding costly studies on the mating calls of Panamanian frogs, spending millions to improve the quality of television in Moldova or bankrolling Peru’s Green New Deal, Washington has found a number of creative ways to blow through tax dollars in 2019. In an epic “airing of grievances” inspired by the TV sitcom Seinfeld, Paul (R-KY) pulled no punches for the federal spendthrifts.

Webmaster's Commentary: 

Absoflippinglutely unbelievable, but all true!!

Dec 20 10:24

China Premier Warns Of Economic Turmoil In 2020, Continued Deceleration Means Global Rebound Unlikely

Bloomberg has compiled a list of long-time China watchers that are warning about an extended slowdown.

George Magnus, a research associate at Oxford University's China Centre and author of "Red Flags: Why Xi's China is in Jeopardy:"

In the spirit of self-criticism, I'd say my best call on the economy was an early spot of the huge demographic shift that kicked off in earnest in 2012, an abiding assertion that China's elevated growth rates could not be sustained, and anticipation of a financial crisis that turned up in 2015-16. Worst call was thinking that crisis might turn into a 'Minsky Moment' for China, as per 2007-08, and failing to integrate properly the tools the state has to prevent catastrophic failure.

Dec 20 09:53

Kalanick Set To Liquidate Entire Uber Stake After $2.5 Billion Dump

Uber's former chief executive Travis Kalanick has dumped 90% of his stock since the ride-hailing app's initial public offering in May. Most of the unloading came in the last two months, where Kalanick dumped $2.5 billion worth. The Financial Times says the "scale and pace of his share sales" has suggested that Kalanick is on track to liquidate his entire position in the coming weeks.

Kalanick has used the proceeds to fund a new project called CloudKitchens, a real estate development firm that leases space to restaurants serving food delivery apps. SEC filings show Kalanick sold $383m worth of Uber stock this week. His remaining position is now worth $250 million, expected to be dumped by as early as next week.

Since peaking in June, Uber shares have lost nearly 43% of its value, likely following Kalanick's lead as confidence in the company to make money is dim.

Dec 20 09:52

Retailpocalypse - A Record 9,300 Stores Closed Across US In 2019

Authored by Jack Phillips via The Epoch Times,

A report found that more than 9,300 stores have closed or are closing across the United States in 2019, including locations operated by Payless, Gymboree, Fred’s, Walgreens, Family Dollar, and many more.

According to a report (pdf) by Coresight Research, which released its year-end report on the closing stores, 5,844 stores closed in 2018. In 2019, 9,302 stores were reported to have been shut down or were going to be shut down, which is a 59 percent increase over 2018.

Webmaster's Commentary: 

I know that frequently, numbers like these, from heavily discounted retailers, are blamed on on-line shopping, but that is not the only cause for these closures; people just don't have any additional income to spend, period, end of discussion.

Dec 20 09:46

US Steel Shares Plunge, Dividend Slashed, Buybacks Halted, 1,500 Workers Cut Amid Deepening Manufacturing Recession 

President Trump told a crowd of steelworkers in Illinois in July 2018 that "After years of shutdowns and cutbacks today the blast furnace here in Granite City is blazing bright, workers are back on the job and we are once again pouring new American steel into the spine of our country."

While US Steel's Granite City might be operational for the time being, the steel producer has just announced it will shut down a "significant portion" of its Great Lakes Works facility, slash its dividend, terminate 80% of its share buyback program, and layoff 1,500 workers.

Great Lakes Works is expected to halt operations by April 2020. The mill rolls slabs into sheets of steel and has been battered by the manufacturing recession and trade war. The facility laid off 200 workers earlier this year, with another 1,500 in the near term, reported 247 Wall Street.

Webmaster's Commentary: 

And the lousy, butt-ugly reality of this situation is, these people have no where else to go to look for decently paying jobs, if there are any left.

And Mr. President, please; do not continue to tell the American people that the economy is doing well, when it is only doing well for people like yourself, who are flush with money and holdings, for whom the economy is doing well.

Dec 20 08:56

The trans ideology is a threat to womanhood

Heck! The Feminist Idiotology is a threat to women too.

On Saturday 2 November, a few dozen protesters gathered outside the Pan Pacific hotel in Vancouver chanting, ‘No TERFS, No KKK, No fascists’. One young white woman held a sign saying, ‘White feminism ain’t shit’. The equally as white woman next to her carried a guillotine made out of cardboard, with the words, ‘Step right up, TERFs’, written on it. The brave young soul wore a ski mask to protect her from accountability. Those under threat, of course, do not share the same privilege.

Dec 20 08:52

Elderly In Japan Are Wearing Exoskeletons To Continue Working Into Old Age

I need me one of these,especially for my knees.

(TMU) — While powered exoskeletons may seem like something out of the movies—think Alien, Avatar, Elysium, and how could we forget Iron Man—the concept has increasingly found favor in various applications, ranging from the battlefield to the assembly line and even to restore function to paralyzed people’s body.

But now, elderly citizens in Japan are preparing to potentially step into powered exoskeletons so that they can continue laboring into their old age and stall retirement for as long as possible, New Scientist reports.

Dec 20 08:46

Dems shocked to find their lives still suck after Trump impeachment

Many Democrats are flying high today after the culmination of more than three years’ of partisan work and straw-grasping ended in the House of Representatives voting to impeach President Donald Trump.

But some are coming back down to earth as they realize that the impeachment doesn’t mean that Trump has been removed from office, that it will likely get canceled when it goes for a vote in the Senate, and they’re still hopeless losers.

Dec 20 08:41

The Worst Global Depression Is Nigh

Dec 20 08:40

Russia has become world's NUMBER 1 exporter of wheat & other agriculture – Putin

Russia’s agriculture sector is booming and the country has surpassed the US and Canada to become the world's top wheat exporter, Russian President Vladimir Putin announced during his annual year-end press conference.

Dec 20 08:19

The Afghanistan Fiasco and the Decline and Fall of the American Military

A devastating investigative report was published in the Washington Post on December 9th. Dubbed the “Afghanistan Papers” in a nod to the Vietnam War’s famous “Pentagon Papers,” the report relied on thousands of documents to similarly expose how the US government at the presidential level across three administrations, acting in collaboration with the military brass and civilian bureaucracy, deliberately and systematically lied repeatedly to the public and media about the situation in Afghanistan.

The story should have been featured all across the US as Afghanistan continues to kill Americans and much larger numbers of Afghans while also draining billions of dollars from the United States Treasury, but the mainstream media was largely unresponsive, preferring to cover the impeachment saga.

Dec 19 18:03

House of Representatives Passes USMCA Integration Scheme

On Thursday, December 19, 2019, by a vote of 385 Yeas to 41 Nays, the House of Representatives overwhelmingly passed the United States-Mexico-Canada Agreement Implementation Act (H.R. 5430) to approve and implement the USMCA regional integration scheme.

Of those who voted against the sovereignty-crushing regional merger scheme, Representative Justin Amash (I-Mich.) tweeted earlier on Thursday:

Dec 19 16:22

The 20 Best-Performing Stocks of the Decade

Dec 19 14:47

Global stocks vs global QE

Dec 19 12:58

Italian Bonds Tumble On Fears Another Government Collapse Is Imminent

For years, reformers have been pushing for changes to the Italian government structure that would, among other changes, reduce the number of seats held by lawmakers. Back in October, Giuseppe Conte's coalition government voted in favor of a plan to reduce the number of lower house members from 630 to 400, and the number of senators from 315 to 200.

Throughout modern political history, examples of legislative bodies voluntarily accepting reforms that would knowingly curtail the powers and privileges of its members are few and far between, and Italy is no exception. Not long after the vote, a group of mostly opposition members tried to crash the government and hold a new snap election to save their seats. I mean, what other choice did they have? They're politicians...do you really expect them to go out and get a real job?

Of course not.

Dec 19 12:30

Apple and Google named in US lawsuit over Congolese child cobalt mining deaths

A landmark legal case has been launched against the world’s largest tech companies by Congolese families who say their children were killed or maimed while mining for cobalt used to power smartphones, laptops and electric cars, the Guardian can reveal.

Apple, Google, Dell, Microsoft and Tesla have been named as defendants in a lawsuit filed in Washington DC by human rights firm International Rights Advocates on behalf of 14 parents and children from the Democratic Republic of the Congo (DRC). The lawsuit accuses the companies of aiding and abetting in the death and serious injury of children who they claim were working in cobalt mines in their supply chain.

The families and injured children are seeking damages for forced labour and further compensation for unjust enrichment, negligent supervision and intentional infliction of emotional distress.

Dec 19 11:12

AFGHANISTAN WAR – THE CRIME OF THE CENTURY

Congress and especially Congressional leadership of both parties are all as guilty as the three lying Administrations. They were part of the big lie, falsely presenting to the American people as “expert” witnesses only those bought-and-paid-for Beltway neocon think tankers.

What is even more shocking than the release of this “smoking gun” evidence that the US government wasted two trillion dollars and killed more than three thousand Americans and more than 150,000 Afghans while lying through its teeth about the war is that you could hear a pin drop in the mainstream media about it. Aside from the initial publication in the Washington Post, which has itself been a major cheerleader for the war in Afghanistan, the mainstream media has shown literally no interest in what should be the story of the century.

Dec 19 11:08

SAUDI OIL ATTACK AND CHOREOGRAPHED PROTESTS IN IRAN-ALIGNED COUNTRIES:

In order to bring home the significance of the Persian Gulf’s oil in the energy-starved industrialized world, here are a few stats from the OPEC data: Saudi Arabia has the world’s largest proven crude oil reserves of 265 billion barrels and its daily oil production is 10 million barrels; Iran and Iraq each has 150 billion barrels reserves and has the capacity to produce 5 million barrels per day each; while UAE and Kuwait each has 100 billion barrels reserves and produces 3 million barrels per day each; thus, all the littoral states of the Persian Gulf, together, hold 788 billion barrels, more than half of world’s 1477 billion barrels proven oil reserves.

Webmaster's Commentary: 

The government of Iran may be many things; stupid, however, is not one of them.

They understand that anything which even looks like some kind of attack against American/Israeli assets in the region, would be followed by a counterattack which would turn Tehran into molten glass.

This is also why, when any kind of attack happens in the Middle East or beyond, against American/Israeli assets (and I wouldn't bet against this, right now), you will know for certain, that Iran had no part in it.

Dec 19 10:09

OK Boomer, OK Fed

Dec 19 08:38

Global trade collapse continues...

Dec 19 08:37

Housing Bubbles Are Bad for the Economy…

Dec 19 06:29

NEW YORK FED PLANS TO THROW $2.93 TRILLION AT WALL STREET’S TRADING HOUSES OVER NEXT MONTH

SOURCE: RIGGED GAME
PAM MARTENS AND RUSS MARTENS OF WALL STREET ON PARADE.
One has to wonder how much money it would take for the New York Fed to throw at Wall Street before the New York Times reports to its readers on the biggest Wall Street bailout by the Fed since the financial crisis.

Last Thursday, December 12, the New York Fed announced that over the next month it would shower the trading houses (primary dealers) on Wall Street with a total of $2.93 trillion in short-term loans. The money is for a Wall Street liquidity crisis that has yet to be explained in credible terms to the American people and yet the New York Times does not appear to have an investigative reporter assigned to investigate what’s really going on just 11 years after those same trading houses blew themselves up in the biggest financial crash since the Great Depression and took the U.S. economy along for the ride.

Webmaster's Commentary: 

As an individual who really tries to be frugal, the numbers being thrown around here, are almost dizzying, both in terms of magnitude, and what they mean for the American economy as a whole.

I am very deeply concerned about two issues here; first, the real possibility of a financial crash which would dwarf that which caused the American Great Depression of the 30s, and secondly, the reality that so far, the US government has gotten out of its financial straits through wars.

And have you noticed all the potential "boogie-man countries" recently against which the US media has been waving its collective warmongering digits ?

Let's see; there is China; Iran; Russia; and North Korea.

I would like to hope that all who want President Trump's first term in office to succeed, will share with him the following, butt-ugly reality here; The US military does not have the money; the weaponry; the manufacturing; or the troop strength, with which to win a war with any of the above-mentioned countries.

A war with North Korea almost guarantees a war with China; a war against Iran almost guarantees a war with Russia.

President Trump needs, desperately, to understand these very dark realities, and craft a foreign policy which moves as far away from war, as the American answer to these challenges, as he can possibly move that foreign policy.

Dec 19 06:04

APPLE, GOOGLE, MICROSOFT, DELL AND TESLA ARE SUED OVER ALLEGED CHILD LABOR IN CONGO

International Rights Advocates filed a federal class action against the five companies in Washington, D.C. on Sunday, where the group is based. The complaint claims that the firms "are knowingly benefiting from and aiding and abetting the cruel and brutal use of young children" to mine cobalt in extremely dangerous conditions.

The defendants have known for a "significant period of time" that Congo’s mining sector "is dependent upon children," the complaint said, adding that cobalt mined in the region is listed as a good produced by child labor or forced labor by the US Department of Labor.

The world's biggest metal exchange is getting serious about child labor and conflict minerals.

"Further, the horrors of the plight of these children has been widely reported in the media," the complaint said, citing reports about the cobalt pipeline published by the Washington Post, the Guardian and others.

Webmaster's Commentary: 

The people at the heads of these corporations don't really care what happens to these kids, because they have all had their consciences surgically removed, before accepting leadership roles in these companies.

Dec 19 05:58

Skyrocketing Costs Will Pop All the Bubbles

Dec 19 05:57

Why OK Boomer Should Really Be OK Fed

Much of the cluelessness and economic inequality behind the OK Boomer meme is the result of Federal Reserve policies that have favored those who already own the assets (Boomers) that the Fed has relentlessly pumped higher, to the extreme disadvantage of younger generations who were not given the opportunity to buy assets cheap and ride the Fed wave higher.

OK Fed: you’ve destroyed price discovery, driven housing out of reach of all but the wealthy and hollowed out the economy, all the while patting yourselves on the back for being so smart and fabulous.

Dec 18 18:11

A woman kept her dead husband's body in a freezer for 10 years and collected his VA benefits, police say

When Utah police arrived at a retirement community to conduct a welfare check last month, they were disturbed to find not only the body of the elderly woman who lived there, but an additional man's corpse tucked inside a deep freezer in her utility room......

Dec 18 17:27

Is A Bull Brewing In Your 2020 Cup Of Jo?

Dec 18 17:10

Why a medieval peasant got more vacation time than you

The Lord only took 1/3 off the top,they worked only 150 days a year. Serfs drank beer all year round and also had entertainment. Other than a few plagues,The Black Death, the Vikings, a dozen Crusades and that 100 year war thing that lasted for 116 years,a better deal than what we get today.

Plowing and harvesting were backbreaking toil, but the peasant enjoyed anywhere from eight weeks to half the year off. The Church, mindful of how to keep a population from rebelling, enforced frequent mandatory holidays. Weddings, wakes and births might mean a week off quaffing ale to celebrate, and when wandering jugglers or sporting events came to town, the peasant expected time off for entertainment.

http://www.lostkingdom.net/the-life-of-a-villager-during-the-middle-ages/

Dec 18 16:36

Monopoly money: Google and Facebook's 'dominance' in online advertising - worth a combined £8 BILLION in 2018 - could drive up prices of flights and electronics, competition watchdog warns

Google and Facebook are so dominant in the advertising market they risk pushing up the cost of flights and electronics, a competition watchdog has warned.

The Competition and Markets Authority (CMA) says it fears the tech giants' large market share could allow them to increase what they charge companies to advertise.

They say these higher charges could be passed on to consumers, pushing up prices.

Dec 18 15:58

CURRENT EQUITIES RALLY SIMILARITIES TO 1999

Dec 18 15:46

French strikers cut ELECTRICITY to thousands of homes, companies and even the Bank of France in bid to force Macron to scrap hated pension reforms

Trade unions cut power to 50,000 homes in Bordeaux and 40,000 in Lyon.

Train services across France also remained disrupted as half a million protested.

President Emmanuel Macron is trying to reform pension system to make it equal.

Thousands of French homes, companies and even the Bank of France have been left without power as strikers march through the streets demanding President Emmanuel Macron drops his hated pension reforms.

Trade unions deliberately severed the electricity supply to 150,000 homes across Bordeaux, Lyon, Nantes and Cherbourg yesterday, and threatened to repeat the action unless the government backs down.

Clinics, fire stations, and railway stations were also left with the lights off, said the government, as the capital Paris remained wracked by protests and without public transport.

Webmaster's Commentary: 

I would like to hope that Macron can do something, other than behaving like a spoiled child, due to that fact that the country hates his attempted pension reforms.

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