ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Apr 22 11:41

Clown World - Poo Francisco

Such a "progressive" place! Like, all those "ignorant" red states are like sooooooooo "backward" and stuff using those white supremacist modern toilets. Honk Honk!

Apr 22 11:39

Elizabeth Warren Proposes $640 Billion Student Debt Relief

Sen. Elizabeth Warren (D-MA) proposed Monday a new $640 billion student college debt relief program that would also eliminate college tuition for all two and four-year public colleges.
The 2020 Democrat presidential candidate unveiled the ambitious policy proposal as she attempts to distinguish herself from the large and progressive Democrat field. Warren released the proposal ahead of a series of youth-oriented CNN town halls Monday night with 2020 presidential candidates at Saint Anselm College in New Hampshire.

“It’s a problem for all of us,” Warren noting, that student college debt has reached more than $1.5 trillion and affects more than 40 million Americans. “It’s reducing home ownership rates. It’s leading fewer people to start businesses. It’s forcing students to drop out of school before getting a degree.”

Apr 22 11:28

Millennials will be crushed under debt: Non-housing debt now reaches $4+ trillion in the United States.

Millennials continue to face the struggles of living in a world where they are deep in debt and the idea of buying a home is becoming more of a farfetched pipe dream. As recently as 2009 non-housing debt stood at $2.5 trillion. Today it is over $4 trillion, a 60 percent increase in 10 years. Of course, it is no surprise that 2009 is the official end of the Great Recession and much of the recovery has come at the expense of going into massive debt. Millennials continue to face struggles in purchasing homes because they are saddled with $1.46 trillion in student debt. Non-housing debt is already creating deep pressures on the balance books of Millennial households.

Apr 22 10:58

Trump’s Washing Machine Tariffs Cost Consumers $800,000 Per Job Created

By Mark J. Perry

If the Dealmaker-in-Chief thinks it’s a good deal to force US consumers to pay $820,000 annually in higher costs to create a new $43,000-per-year factory job, then he might have to re-think his deal-making strategies or take some remedial economics courses in the economics of trade protection. Is that Trump’s idea of the kind of “winning” we’re supposed to get sick of?...

Apr 22 10:56

COMEDIAN WHO "CAME TO BREAK THE SYSTEM" WINS UKRAINE PRESIDENTIAL ELECTION BY LANDSLIDE

According to exit polls, millions of voters - weary of war and economic hardship - have thoroughly rebuked the incumbent elites, overwhelmingly voting for 41-year-old TV comedian Volodymyr Zelenskii in Ukraine's presidential election today.

"I voted for Zelenskii because everything he said is true," said Viktoriia Bengalska, a 45-year-old secretary in Kiev.

"It's impossible to survive on this salary, prices have increased like crazy, and we were promised something totally different."

Webmaster's Commentary: 

I just have to wonder if the folks formally in this government and others, let's say,.... President Obama, Obama admits, on CNN, that the US government was a part of the group to replace Yanukovych with Poroshenko
or .....Victoria Nuland,US spent 5 billion ,US, on installing Poroshenko and the folks from the the world bank, who backed the cu-cu-ca CHOO" in Ukraine in 2014, feel about Poroshenko's having fallen flat on his face in this election, meaning that they are going to have to negotiate with the new guy, to see what kind of "deal" they can work with him.

You have GOT to love both the the hubristic stupidity and irony of this move, and what it has actually cost those who brought it about.

And President Obama, and Ms. Nuland, since it was never YOUR money you spent, but the money of the American people, I would politely suggest, that this amount would have done a lot to assist our Veterans, who are dealing with chronic health issues, both physically and psychologically, after they are released from their term of service.

But there is one thing that I would suggest may happen in this "route" of the American-backed government; the people of Ukraine will never believe anything any US administration says, henceforward.

Great job, there, Obama and Nuland!! Way to go!!

Apr 22 10:52

The Benefits of Being Broke for a Decade

Apr 22 10:06

THE NATIONAL DEBT IS THE MOST SERIOUS CRISIS AMERICA FACES

A generation ago, the national debt stood at just a smidgen over USD $4 trillion and a young presidential candidate named Bill Clinton was discussing a great plan he had to have it entirely paid off by now. Oops. The national debt is now 5.5 times bigger.

More than anything, this astoundingly bad public policy is the fault of Barack Obama, undoubtedly the most irresponsible president in our history…who added on more to the national debt than all other presidents combined in an orgy of Washington, DC, debauchery that saw the size of the federal government mushroom while hundreds of thousands of new bureaucrats were added to federal payrolls, and Washington, DC, housing prices skyrocketed as federal government employees and private industry sub-contractors paid for by the government reveled in their six-figure paychecks and outrageously lavish healthcare and pension plans… all paid for by us, the taxpayers.

Webmaster's Commentary: 

Looks as though winning a seat in Congress, or being one of the "sweetly monied" contractors it uses, is akin these days to winning the lottery; and a big one, at that.

Apr 22 09:12

OIL SPIKES ANOTHER 2%; CA HIGHEST IN 5 YEARS

Apr 22 08:17

Semis recovery secured?

Apr 21 13:46

This is all very 1929ish type behavior!

Apr 21 11:25

Housing starts, Unemployment claims, China

Apr 21 10:26

So it's happening again?

Apr 21 08:52

The National Debt is the Most Serious Crisis America Faces

By David Unsworth

A generation ago, the national debt stood at just a smidgen over USD $4 trillion and a young presidential candidate named Bill Clinton was discussing a great plan he had to have it entirely paid off by now. Oops. The national debt is now 5.5 times bigger...

Apr 20 12:47

Crimea Vows To Ship Oil To Syria Amid Ongoing Fuel Crisis, Thwarting US Sanctions

Via AlMasdarNews.com

The President of Crimea, Sergey Aksyonov, vowed to help the Syrian Arab Republic amid their ongoing fuel crisis that is a result of the sanctions imposed on the country by western nations.

Aksyonov told Russia’s Sputnik News that there are plans to export wheat, petroleum derivatives and power tools to Syria as well as rebuilding railways there.

He pointed out that whether it is Crimea or Russia, they are willing to export products to Syria in order to help the war-torn nation.

The Crimean President noted that a shipment of wheat and other industrial products is being prepared and will be heading to Syria soon.

He also pointed out that a joint shipment company is being founded, adding that Syria will export citrus fruits, olive and olive oil to Russia.

The fuel crisis in Syria has forced the Syrian government to issue rations on gas in order to deal with the ongoing sanctions that are greatly effecting the country.

Webmaster's Commentary: 

One has to wonder; just how Crimea will get these supplies, unless they move a lot of them through the Mediterranean, on their way to Tarsus, which is an officially Russian-leased port on the Med.

You know that the US military will be in the Med, guns blazing, attempting to derail the Syria-destined aid, if they get the slightest whisper, that this is really happening happening.

And BINGO, we can look at NATO's website to determine what kind of training exercises are going to be taking place, right around the time that these shipments should be happening.

Fact Sheet: NATO EXERCISES, 2019:

It looks as though the following will be the closest "fit", in terms of a time line:

SPRING STORM
A large-scale live exercise of the Estonian Defence Forces, with
participation from NATO’s enhanced Forward Presence and other Allied
forces. Some 10,000 military personnel are expected to participate.
29 April – 10 May

Folks, that start date for this NATO exercise is 29 April; one week from this Monday.

I hope (and also pray) that the Adults in the Room in the White House, and its Military, are not going to let things get out of hand with these shipments; unfortunately, with a card-carrying Dominionist at the helm of the US State Department, Mikie Pompeo, God only knows what kind of havoc he may have in store for these aid ships, simply trying to get help to a fractured, broken country, (largely courtesy of the last Administration, and the current Administration.)

The location of this drill is also more than a little un-nerving; right after Crimea held its referendum, to determine, post-putsch, if Crimeans wanted to stay with Ukraine, or petition the Russian Federation to become a member (that latter is the one that happened), there was all sorts of chatter that Russia would want to invade Estonia.

And it appears that the American Public is being "groomed" to expect a Russian attack against Baltic nations, which would, of course, would mean that NATO would be stepping in here.

Europe's worst nightmare: here's what a NATO/RUSSIA war would like like, dateline 31 March 019

So, we get this story, end of last month, and NATO exercises in Estonia latter this month, starting 29 March, and headed through the beginning of May.

Coincidence?!?

I hope to Heaven that I am wrong, but when I see dates start to "jive" as they do for this exercise, and potential disruption of a Crimean relief operation for Syria, I don't think that this was a coincidence.

Apr 20 11:20

U.S. ARRESTS FORMER MARINE CONNECTED TO NORTH KOREA EMBASSY RAID IN SPAIN

A former US Marine was arrested in connection with an "especially violent" raid on the North Korean embassy in Madrid, Spain.

Christopher Ahn - a member of a group which seeks the overthrow of North Korean leader Kim Jong Un, was expected to be arraigned on Friday in a Los Angeles federal court, according to Reuters, citing a law enforcement official and a source close to the group.

According to El Pais and El Confidencial, the group is tied to the CIA - however there has been no corroboration of this outside of their reporting. The CIA has denied any involvement, however Spanish government sources say their response was "unconvincing."

El Pais called the attack "especially violent."

Webmaster's Commentary: 

Remember "the duck test"?!?

If it waddles like a duck; quacks like a duck, and has feathers, it is most probably ..... a duck.

I would sense that this was "one the ways" our intelligence agencies may have wanted to strike back at President Trump, for attempting to get a nuclear deal which would hold with North Korea.

Apr 20 11:12

BRZEZINSKI'S WARNING TO AMERICA

As Washington’s grip on global affairs continues to loosen and more countries reject the western development model, the current order will progressively weaken clearing the way for a multipolar world badly in need of a new security architecture. Western elites, who are unable to accept this new dynamic, continue to issue frenzied statements expressing their fear of a future in which the United States no longer dictates global policy.
At the 2019 Munich Security Conference, Chairman Wolfgang Ischinger, underscored many of these same themes. Here’s an excerpt from his presentation:

“The whole liberal world order appears to be falling apart – nothing is as it once was… Not only do war and violence play a more prominent role again: a new great power confrontation looms at the horizon. In contrast to the early 1990s, liberal democracy and the principle of open markets are no longer uncontested….

Apr 20 11:07

PAYPAL BLACKLISTS UNITED CONSTITUTIONAL PATRIOTS AFTER THEY HELPED CATCH ILLEGAL ALIENS ENTERING U.S.

SOURCE: INFORMATIONLIBERATION.COM

The United Constitutional Patriots, who made headlines on Thursday for helping catch hundreds of illegal aliens invading America through our southern border, announced Friday on Facebook they were banned by PayPal and all their funds have been frozen for 180 days.

The United Constitutional Patriots said they wanted to thank everyone who donated to their "Border Ops mission" but they "can no longer accept payments" through PayPal as "they have permanently suspended our account."

They said PayPal is holding $1,300 in donations "for 180 days."

Webmaster's Commentary: 

So now, PayPal has gone after a group which peacefully, and with no violence, turned around hundreds of illegal aliens, attempting to sneak through our Southern Border?!?

I would politely suggest that all other organizations which have accepted PayPal payments, find another way to accept donations, and inform your supporters that you are doing so, and very soon.

It is painfully apparent that PayPal's CEO, Dan Schulman, needs to feel "a bit of an industrial-strength, financial "Ouch!" on this.

Please do this on Monday, and be sure to leave messages at the Corporate office number, as he needs to be very clear on why this is happening.

You also, perhaps, need to get a phone call in to the US Offices of George Soros, and let them know the level of frustration you are feeling at this point, by what PayPal has done; Soros has been a big investor in PayPal since 2015: Should you follow George Soros' lead on cit=-group/PayPalAll the better if you can speak Soros' native tongue, which is Hungarian. (But please, no curse words!!) :-)

Apr 20 10:32

Trade war with China: US will make sure it causes major ruckus before losing the fight

There are suggestions that the US and China may now sign a trade agreement in May. However, it seems unlikely that this will be the great victory over China that Trump promised, as recent events indicate.

Just a month ago, the European Union (EU) appeared to have jumped aboard the anti-Chinese bandwagon of the Trump administration, when it labelled Beijing a “systemic rival” over what it viewed as unfair trade practices. It also stated that it was rolling out its own strategy to counter China’s influence. While the EU is likely to want to pushback against China and counter it wherever necessary, recent developments do indicate that there is very little the EU and the US can do to scale back China’s influence without resorting to outright war, and are looking to cooperate and engage with China instead.

Apr 20 08:57

Washington State Politicians Drop Cynical Attempt to Impose Taxes on Gold & Silver

Sound Money Group, In-State Dealers, and Grassroots Activists Deter Tax-Hungry Politicians

Well, here’s some encouraging news…

Efforts in Washington State to impose sales tax on gold and silver were SHUT DOWN today thanks to intense efforts by the Sound Money Defense League, a group of in-state coin dealers led by Dan Duncan, the Association of Washington Businesses, and a large number of vocal grassroots supporters.

Here’s the backstory…

Apr 20 08:42

List of 24 Points Pressing Hard Toward Recession

By David Haggith

1 – The US stock market is slightly overbought (which is not a positive in terms of head room for more of a rally).

2 – It’s massively built up on debt that is now more expensive to maintain and/or obtain.

3 – The Fed is still rapidly tightening money supply and says it will continue to do so for several more months...

Apr 20 08:33

How bullish is the stock market?

Apr 20 07:57

Green Market Agorism

By Logan Marie Glitterbomb

Agorist theory has been enriched a lot since Samuel Edward Konkin III introduced the initial theory. Through the writings and work of visionaries such as Karl Hess, Ross Ulbricht, Satoshi Nakamoto, Defense Distributed, and Derrick Broze, we have seen agorism grow and expand in ways never thought possible both intellectually and in practice. And the practice will continue to grow and adapt as time goes on, circumstances change, new technologies emerge, etc., as it should...

As agorists, we talk often talk of the white, black, grey, and red markets but there is one market that is surprisingly absent yet increasingly relevant to the conversation: green markets. Now by green market, I don’t mean cannabis, alternative energies, or deceptive greenwashed consumerism. Rather green markets include...

Apr 19 15:39

$SKEW vs $VIX - anyone remember sept?

Apr 19 12:31

Danielle Park – Luxury Housing a Bust

Apr 19 11:05

ECUADOR TURNS TO INTERPOL TO ARREST FORMER FOREIGN MINISTER & ASSANGE SUPPORTER PATINO

The former foreign minister of Ecuador will be placed on Interpol’s Red Notice list, after fleeing the country for fear of prosecution, as the government of Lenin Moreno continues to crack down on Julian Assange’s supporters.
“The attorney general’s office began a criminal process against Ricardo Patino for the alleged crime of instigation,” the office said in a statement on Thursday. “[Patino] had given a speech in which he instigated people to take over public institutions and close roads.”

Besides his alleged anti-government activities, Patino is also being sought for his supposed links to Swedish software developer Ola Bini, who was arrested last week on suspicions of ‘hacking’ for WikiLeaks.

Webmaster's Commentary: 

As my late grandmother would have said, "The horse is already out of the barn" here, and any further attempts to apprehend and jail Patino may prove useless, because he was informed of the plot long before it happened.

Apr 19 11:01

Five Simple Ways to Increase Your Privacy When Using Cryptocurrency

By Kai Sedgwick

Cryptocurrency without privacy is pointless. If your coins aren’t fungible, you lose much of the benefits of using cryptocurrency in the first place. Privacy isn’t just won and lost onchain, though. In fact, much of the privacy gains to be made when it comes to sending, spending and trading crypto occur offchain, as you go about your business on the Web...

Apr 19 10:59

RUMORS OF WAR: WASHINGTON IS LOOKING FOR A FIGHT

Authored by Philip Giraldi via The Strategic Culture Foundation

But even given all of the horrific decisions being made in the White House, there is one organization that is far crazier and possibly even more dangerous. That is the United States Congress, which is, not surprisingly, a legislative body that is viewed positively by only 18 per cent of the American people.

A current bill originally entitled the “Defending American Security from Kremlin Aggression Act (DASKA) of 2019,” is numbered S-1189.

It has been introduced in the Senate which will “…require the Secretary of State to determine whether the Russian Federation should be designated as a state sponsor of terrorism and whether Russian-sponsored armed entities in Ukraine should be designated as foreign terrorist organizations.” The bill is sponsored by Republican Senator Cory Gardner of Colorado and is co-sponsored by Democrat Robert Menendez of New Jersey.

Webmaster's Commentary: 

This will, again, take the Congress out of its Constitutionally, legally binding, responsibility to declare war; and considering that our current Secretary of State is Mike Pompeo, a Dominionist, who fervently believes that a world war is a great thing, because it will cause Jesus to make his second appearance on this planet, is something which would be a fearsome responsibility for even a sane Secretary of State, which is something we do not have now.

One has to wonder if Gardner and Menendez are closet Dominionists, but I know from a standpoint of Menendez, he is doing his best to wipe the vomit off of him, from a criminal corruption case which ended with a hung jury.

Menendez Hung Jury Sends a Powerful Message to GovernmentThe article goes on to state:

The U.S. Department of Justice had charged Menendez with doing official favors for his friend and co-defendant Salomon Melgen, a Florida eye doctor, in exchange for expensive hotel stays, private jet flights and hundreds of thousands of dollars in campaign contributions.

"While Menendez walked out of the courthouse a free man, the cloud of the corruption trial still hangs over him. Federal prosecutors have not yet said if they will re-try the case but the Senate Ethics Committee plans to resume its own investigation of Menendez."

Apr 19 10:44

Would you vote with your feet?

If economic conditions got bad enough, would you choose to live elsewhere?

That’s a recurring theme in the most recent edition of Rich States, Poor States, the ALEC-Laffer state economic competitiveness index written by Jonathan Williams, vice president of the American Legislative Exchange Council Center for State Fiscal Reform, and White House advisers and economists Arthur Laffer and Stephen Moore.

The report examines trends in economic growth, then ranks the economic outlook of the 50 states using 15 different weighted policy variables, from tax rates to labor policies.

For the 12th year in a row, Utah is ranked first overall, reflecting its commitment to pro-growth policies, including low income tax rates, a low sales tax and a business-friendly approach to labor.

Webmaster's Commentary: 

Yes. Claire and I must live elsewhere. The cost of living here in Hawaii has grown too high. Maybe people like Mark Zuckerberg can survive here, but not ordinary people. We are headed to Indiana.

Apr 19 08:20

Insider: Is Trump Family Cult Behind Coming Armageddon?

Michael Berg, 32, a member of Chabad for four years,
believes that this cult's demented vision of world hegemony is
behind the rush to war with Russia. With Trump and Chabad-members
Jered & Ivanka Kushner in the White House, Chabad is in position to bring about the prophesied cataclysm that will usher in their Messianic rule.
We must consider the possibility the West has been hijacked by a
fanatical satanic cult whose tentacles include Freemasons, also Cabalists. Certainly, satanic possession best explains the irrational behavior of the West. We are still in real danger. A crazed religious cult wants to sink the ship and set humanity back 100 years.

Apr 19 00:25

Congresswoman Ocasio-Cortez Proposes Cutting Military And Economic Aid To Israel

US Congresswoman, Alexandria Ocasio-Cortez, has proposed the US cut military and economic aid worth $3 billion a year from Israel in response to the re-election of Benjamin Netanyahu as prime minister.

“I think these are part of conversations we are having in our caucus, but I think what we are really seeing is an ascent of authoritarianism across the world. I think that Netanyahu is a Trump-like figure,” she said during an interview with Yahoo News’ “Skullduggery” podcast.

“I think it is certainly on the table. I think it’s something that can be discussed,” she added referring to cutting the aid.

>>>

TRUMP JUST GOT RE-ELECTED

Apr 18 15:15

Global Synchronized Slowdown Continues...

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA