ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Apr 15 09:03

SECRET REPORT REVEALS SAUDI INCOMPETENCE AND WIDESPREAD USE OF U.S. WEAPONS IN YEMEN

SOURCE: THE INTERCEPT
SINCE THE BRUTAL murder of Saudi dissident and Washington Post contributor Jamal Khashoggi last October, Congress has increasingly pressured the Trump administration to stop backing the Saudi Arabia-led coalition fighting in Yemen and halt U.S. arms sales to Riyadh. In response, President Donald Trump has repeatedly said that if the U.S. does not sell weapons to the Saudis, they will turn to U.S. adversaries to supply their arsenals.

“I don’t like the concept of stopping an investment of $110 billion into the United States,” Trump told reporters in October, referring to a collection of intent letters signed with the Saudis in the early months of his presidency. “You know what they are going to do? They’re going to take that money and spend it in Russia or China or someplace else.”

Webmaster's Commentary: 

This, unfortunately, is what happens when a country elects a Merchant of Death in Chief, who also happens to be the President of the US.

It is also unfortunate, that he has placed every citizen of this country, into the category of being a citizen of a government which commits war crimes, as has happened, and will continue to keep happening, in Afghanistan; Iraq; Libya; Somalia; and Yemen.

Apr 15 08:34

US MILITARY ATTACK ON VENEZUELA MULLED BY TOP TRUMP ADVISORS AND LATIN AMERICAN OFFICIALS AT PRIVATE DC MEETING

EXCLUSIVE: AWAY FROM THE PUBLIC EYE, THE CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES (CSIS) THINK TANK HOSTED A TOP-LEVEL, OFF-THE-RECORD MEETING TO EXPLORE US MILITARY OPTIONS AGAINST VENEZUELA.
BY MAX BLUMENTHAL

The Washington, DC-based think tank the Center for Strategic and International Studies (CSIS) hosted a private roundtable on April 10 called “Assessing the Use of Military Force in Venezuela.” A list of attendees was provided to The Grayzone and two participants confirmed the meeting took place. They refused to offer any further detail, however.

A WHO’S WHO OF TRUMP ADMINISTRATION COUP ADVISERS

The CSIS check-in list not only confirms that the Trump administration and its outside advisors are mulling options for a military assault on Venezuela; it also outlines the cast of characters involved in crafting the regime change operation against the country.

Webmaster's Commentary: 

President Trump, please: a word.

Have you and your colleagues in this ill-considered potential assault on Venezuela, collectively imbibed the "Koolaid" to the point where you believe that a military assault on Venezuela is both a "reasonable and moral thing" for the US government and military to do?!?

Forgive me, sir, but the candidate Trump spoke of ending these horrific wars, largely to be in control of of the world's petroleum resources; and now, as President Trump, it appears to those of us who actually believed this just might happen, understand, very clearly, that it will not happen, now that you have well and truly been "absorbed" by the Neocon Borg.

Not only are these immoral, illegal wars going to continue, under your watch, but new wars are going to be started in the name American dollar hegemony, and in terms of this Venezuela is an absolute prize. As stated at Google:

"The proven oil reserves in Venezuela are recognized as the largest in the world, totaling 297 billion barrels (4.72×1010 m3) as of 1 January 2014. ... The energy and oil ministry said it had certified an additional 12.4 billion barrels (2.0×109 m3) of proven reserves in the country's Faja del Orinoco region."

As you are aware, there are Chinese and Russian troops in place in Venezuela right now, working to protect the infrastructure as best they can, and working with the Venezuelan "top brass" in terms of protecting the country from any possible invasion from the US.

Sir, forgive me, but if your alleged "experts" here have any sense, at all, they will paraphrase what my late Grandmother used to say, if things were out of control, and there was nothing to be done, and that phrase was "The horse is already out of the barn!!"

Mr. President, when Guaido faltered, and was unable to rally the Venezuelan people to his side, the US government and military "lost the window" of opportunity for such an action. (And sir, is THIS the best our "intelligence community" could have possibly come up with?!?
The Making of Juan Guaido IF true, they should be fired, en masse!!

The American government and military could have possibly "gotten away" with an action like this, even through the 70s, or 80s; however, at this point in the 21st century, let me tell you what you are facing; and sir, forgive me, but an invasion of Venezuela is going to earn you "The Mother of All Backlashes".

1. Venezuela has never done anything to the US to warrant an invasion; it is a sovereign country where its financial woes, including a collapse in oil prices; political intrigue, and mismanagement of funds and infrastructure, coupled with US sanctions, are primarily responsible for its horrific economic situation today.

2. In light of the fact that we would be invading a sovereign country where Chinese and Russian troops are already on the ground, any attack on Chinese or Russian assets, would be tantamount to an attack against China and Russia, leaving them little choice but to react in kind. And I hope you ask yourself; would a war for Venezuela's oil reserves really be worth World War III?!?

3. Because of a lack of troop strength, the US government would be forced to go back to imposing a draft, to the anger and outrage of the American people.
And I would ad this caveat: the "booming economy" you have been touting, since nearly the beginning of your presidency, has been great for the one percenters; but not so great for a lot of the rest of us. Financial wrangling with China over trade has absolutely crucified smaller farmers here in the US, and they will not soon forget it.

4. I would very much like to remind you, sir: we cannot win what is essentially a ground war from the air. The lessons of Vietnam can only be overlooked at this country's peril; any military advisors who tells you differently, are not telling you the truth.

5. The optics of such an invasion will be horrific, internationally, and the question will be asked; How could a country which holds itself in the highest moral esteem, and is perpetually in a state of self-congratulations for making good, just,and ethical decisions about foreign policy, have transformed into this rapacious, war-mongering, lunatic asylum, in which the inmates have, well and truly, taken over the asylum?!?

Mr. President, please, before it is too late, and the die is cast, abandon this course of action. Let us, for once, be "on the right side of history" by preventing this "Warmageddon" in Venezuela.

With all the US-generated hot spots around the world, where the US government is desperately trying to look like it has had a military "win", but really has not, this country has enough fires raging, geopolitically, before we set another one alight.

Apr 15 08:19

Buttigieg calls for 'a new American spring' in campaign launch

American Spring? I think we know who this fellow is working for.

Pete Buttigieg, the mayor of South Bend, Ind., on Sunday officially launched his candidacy for the Democratic presidential nomination in 2020, calling for "a new American spring."

Apr 15 08:11

John Bolton Took Money From Banks Tied To Cartels, Terrorists, Iran

On June 12, 2018 The Washington Post ran an overlooked story where they disclosed that National Security Advisor John Bolton had accepted money from the Victor Pinchuk Foundation, Deutsche Bank and HSBC to return for his participation in speeches and panel discussions. These three entities have been linked to various kinds of corruption including sanctions evasion for Iran, money laundering on behalf of drug cartels, provision of banking services to backers of Islamic terror organizations and controversial donations to the Clinton Foundation.

Apr 15 08:04

FRIGHTENING FREQUENCIES: THE DANGERS OF 5G & WHAT YOU CAN DO ABOUT THEM

By Jody McCutcheon

As the old saying goes, give us an inch and inevitably we’ll want a mile. And certainly, this sentiment is true with technology.

Who doesn’t want faster, bigger (or smaller), more efficient? Take wireless mobile telecommunications. Our current broadband cellular network platform, 4G (or fourth generation), allows us to transmit data faster than 3G and everything that preceded. We can access information faster now than ever before in history. What more could we want? Oh, yes, transmission speeds powerful enough to accommodate the (rather horrifying) so-called Internet of Things. Which brings us to 5G.

Apr 15 07:07

Mind The Gaps

Apr 14 07:38

RUSSIA SAYS 'NEW WORLD ORDER' BEING FORMED

Russian Foreign Minister Sergei Lavrov declared today that the Western, liberal model of society is dying, and a new world order is taking its place. Lavrov made the comments at his annual meeting with students and professors at the Foreign Ministry’s Diplomatic Academy, reported Russian state news agency TASS.

Apr 13 12:05

Stocks Rise as Earnings Estimates Fall

Apr 13 11:56

Real Estate Is Flashing Warnings

Apr 13 11:02

Corporate Takeover

Apr 13 10:44

Counterfeiting Money Is a Crime — Whether Done by the Fed or A Private Individual

By Patrick Barron

A few years ago, shortly after the 2008 subprime lending disaster, the Fed sent a public relations team around the country to conduct supposedly “educational sessions” about how the Fed works and the wonderful things it does. The public was invited, and there was a question and answer session at the end of the presentation. One such session was held in Des Moines, Iowa. At the time I was teaching a course in Austrian economics at the University of Iowa, so I lusted at the prospect of hearing complete nonsense and having a shot at asking a question. I was not disappointed...

Apr 13 08:54

Whole Foods’ Existential Threat?

Apr 12 19:13

WikiLeaks Bitcoin Donations Soar Following Assange Arrest

By Jeffrey Gogo

WikiLeaks’ bitcoin address has received a deluge of support following founding editor Julian Assange’s arrest. Donations have reached nearly $32,000 on Friday, 60% more than was raised the day before, when Assange was taken into custody...

Apr 12 11:09

Jim Willie: An Armada Of Black Swans

Apr 12 10:59

Freight, Pensions, ECB, Germany

Apr 12 10:27

Check Out Citi's Surprise Indices

Apr 12 08:38

Gold And Silver May Be Setting Up For A Big Move

Gold and silver are historically undervalued relative to the stock and bond markets. The junior mining stocks overall are at their most undervalued relative to the price of gold since 2001. Gold’s relative performance during the quarter, when the stock market had its best quarterly performance in many decades, is evidence of the underlying strength building in the precious metals sector.

Furthermore, the stock market is an accident waiting to happen. By several traditional financial metrics, the current stock market is at its most extreme valuation level in history. This will not end well for those who have not positioned their portfolio in advance of the economic and financial hurricane that is beginning to “move onshore.”

Apr 12 08:29

IPO's: Rewarding Reckless Risk Pricing, Again

Apr 12 07:13

Why Trump Is A Rothschild Tool

In 1987 Donald Trump purchased 93% of Resorts International, a CIA front founded by Crown Agents Allen Dulles and David Rockefeller as the Mary Carter Paint Company in the 1950’s. A year later Trump bought the Atlantic City, NJ Taj Mahal Casino from Resorts International, then began buying up other properties on the Atlantic City boardwalk.

Soon Trump was tapped out and couldn’t make his debt payments.

Enter Wilbur Ross, billionaire bond trader portrayed by the Illuminati financial media as an “independent investor”. In fact, in 1992 Ross was heading Rothschild Inc.’s bankruptcy advising team, which represented bondholders who were threatening to foreclose on Donald’s house of cards.

Apr 11 18:15

The Truth About Unemployment Rate Statistics

Apr 11 13:47

ECUADOR’S GLOBALIST REGIME RECEIVED BILLIONS TO SELL OUT JULIAN ASSANGE

What was Moreno’s price to commit this betrayal? A 4.2 billion loan guarantee from the International Monetary Fund (IMF), it seems.

Apr 11 12:50

Xi Jinping in Italy: It’s the Ports!

To the concern of Germany, France, Holland and other EU countries, Italy’s coalition has just signed a Memorandum of Understanding with China to join China’s Belt Road Initiative, the so-called New Economic Silk Road. Italy is the only industrial G7 country so far to opt in to the BRI. The China dealhas the potential to change the geopolitics of not only the EU but also most of the world. It’s about who controls which major maritime ports of world commerce.

While much attention has focused on the role of high-speed rail infrastructure as the backbone of the ambitious China BRI project, little attention has been so far given to what may be a far more strategic geopolitical development in China’s BRI, namely China’s ability to own or control the most vital ports of Asia, of Africa, major parts of Latin America and now,evidently, of the European Union.

Apr 11 12:48

Wall Street Is Now Buying College Students Like Stocks

Shortly after we wrote about an online software engineering school that was allowing students to pay their tuition by forfeiting 17% of their income after they graduated, it's becoming clearer that the model of selling an "equity stake in yourself" to fund tuition is making its way to the mainstream.

Equitizing students was the topic of an in-depth Bloomberg Businessweek look into the details of what Americans are doing to combat the $1.6 trillion in higher education debt that they owe. Specifically, the article followed the path of 23 year old Amy Wroblewski, who has been literally turning over a set percentage of her salary to investors - and will do so for the 8 1/2 years after graduating college.

Apr 11 11:34

FINANCIAL TYRANNY: AMERICA HAS BECOME A PAY-TO-PLAY EXERCISE IN FASCISM

SOURCE: JOHN WHITEHEAD VIA THE RUTHERFORD INSTITUTE
If you drive a car, I’ll tax the street,
If you try to sit, I’ll tax your seat.
If you get too cold I’ll tax the heat,
If you take a walk, I’ll tax your feet.

Don’t ask me what I want it for
If you don’t want to pay some more
‘Cause I’m the taxman, yeah, I’m the taxman…
And you’re working for no one but me.
— George Harrison, “Taxman

“We the people” have become the new, permanent underclass in America.

We get taxed on how much we earn, taxed on what we eat, taxed on what we buy, taxed on where we go, taxed on what we drive, and taxed on how much is left of our assets when we die, and yet we have no real say in how the government runs, or how our taxpayer funds are used.

Case in point: Lawmakers across the country have been acting as fronts for corporations, sponsoring more than 10,000 model laws written by corporations, industry groups and think tanks such as the American Legislative Exchange Council.

Webmaster's Commentary: 

This transition into Fascism,has become almost painfully complete beyond bearing; what used to be The United States of America, once thought to be "the land of the free and the home of the brave", has rapidly devolved into "The land... of the cowed And the home... of the surveilled."

And I am gently asking, no, begging our readers and listeners to start to preparing themselves, for what looks like a very rocky patch ahead, both for We the People; this country; and our world.

Folks, I don't want to be crowned "Mrs. Chicken Little" of Oahu; and I am absolutely no psychic.

But looking at the world situation, for me, there is one, central, and unvarnished truth; that the more you prepare for a massively bad situation, no matter what that might be, and when, this be cannot possibly be worse than having done no prep whatsoever.

I am seeing a number of hot spots around the world which are on a razor's edge from triggering massive regional conflicts that could quickly become world wars, if allowed to spin out of control.

But the question I have to ask now, is, which conflict zones will be allowed/ abetted in their metastatic melt-down, courtesy of US foreign policy, to become full-on wars, and perhaps,and perpetual, in their duration??

This is something I hope every American citizen (including President Trump; Mike Pompeo, and John Bolton) is thinking about.

The ratcheting up of world tensions by the fractious, hubristic, bellicose, and catastrophically unreasonable demands placed against countries the US government doesn't particularly like, is not doing anything to begin to create the calm, reasonable environment, in which good faith negotiations can grow, and thrive.

Unfortunately, I see the current ratcheting up of international tensions by the US government as a very intense indication that the US government will be going to war against (take your pick:) Syria; Iran; Venezuela; China; and a re-invasion of Iraq, as they are very unhappy with the US troop presence in Iraq.

And even more stunningly important,these countries which the US government is shunning, both economically,and militarily, immediately understood that what they had to do, to get around the US's tariffs.

And that was to create a coalition, where agreements could be made, to buy merchandise and services from each other, but using several software packages which will,most probably, will wind up consolidated.

So what has been brilliantly achieved here, is the introduction of a software platform which is capable of bypassing SWIFT, and allowing merchants, globally, to use their own software packages instead.

Apr 11 10:47

Boeing Is Building A New Jet To Cater To Beijing's 'One Belt, One Road'

Even after China led the global grounding of Boeing's 737 MAX 8 following the March 10 crash of ET302 - the second deadly crash under similar circumstances within five months - and even with Boeing's planes becoming a top target for Beijing in the ongoing trade spat with the US, it's possible that the aerospace company might lead the ranks of American firms seeking to cater to President Xi's "One Belt, One Road" initiative - much to Washington's consternation, we imagine.

According to the South China Morning Post, Boeing sees potential for an aircraft that would make more routes viable between nations involved in the BRI - something that could fly on medium range routes where the 737 is too small to accommodate airlines' needs and the larger 787 are too big and costly to fly.

Apr 11 09:48

No signs of problems?

Apr 11 09:13

Chicago's gang war: a crisis like no other | 60 Minutes Australia

Imagine living in a place where every two hours someone is shot, and every 14 hours someone is murdered. It isn’t Iraq or Afghanistan, but one of the biggest and most sophisticated cities in the world: Chicago. On the city’s south side, which is considered the heart of black America, gang rivalry is tearing its people apart. It has become so brutal that both police and the perpetrators agree this urban warfare is out of control

Apr 11 09:12

IMF approves $4.2bn loan for Ecuador

The International Monetary Fund on Monday approved a $4.2-billion, three-year loan for Ecuador, part of a broader aid package to help support the government's economic reform program.

The Washington-based lender agreed to the terms of the financing late last month, and the final approval of the IMF board on Monday releases the first installment of $652-million.

Webmaster's Commentary: 

The "reward" for turning Assange over.

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