ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Mar 14 12:11

Verizon to Cook Chicago and Minneapolis with 5G and Charge Customers Extra $10 a Month to Use It

By B.N. Frank

Apparently, it doesn’t matter that the Telecom Industry can’t even prove that 5G is safe...

Mar 14 11:44

Is A Crisis Looming For Canadian Oil?

Mar 14 11:14

China’s new glamour girl of the skies

Sleek, with a cute nose, the profile of China’s new glamour girl of the skies was plastered all over state-run TV before her maiden flight at Shanghai’s Pudong International Airport in 2017.

Gliding into the air, the COMAC C919 was captured in all her glory as the commercial face for not only Beijing’s high-tech ambitions but also its status as a new aircraft manufacturing power.

Fast forward two years and the first narrow-body twin-engine jet airliner developed by China’s aerospace industry to rival Boeing’s 737 Max 8 and the Airbus 320 is still undergoing trials before entering service in 2021.

Mar 14 10:15

Georgia Deputies Seize $500,000 in Cash from Motorist Cited for Traffic Violations

By Carey Wedler

In recent years, the public and government alike have signaled disapproval toward the contentious police practice of civil asset forfeiture, where law enforcement can seize property from private individuals—often without charging them with a crime. States have enacted reforms, and just last month, the Supreme Court issued a ruling against it...

Mar 14 09:54

USA Continues Economic Sabotage of Eritrea

On February 28, 2019 the last financial wire transactions between the small socialist country of Eritrea and all the western countries were stopped with no further wire transfers in USD$ or Euros to or from Eritrea being allowed .

Unjust and illegal UN sanctions against Eritrea were lifted recently but the damage being done continues. During the 9 year-long UN sanctions period the US shut down all Eritrean government bank accounts and cut off all access to USD$ international transfers. The USA and its European lackeys even tried to prevent Eritreans in the diaspora from paying their national 2% income tax (something all US citizens outside the country must do), critical to the creation and survival of the country.

Mar 14 09:39

The Confidence Game

Mar 14 08:27

‘Blatant extortion’: German ex-chancellor lashes out at US threat to withhold intel over China

Washington’s threat to downgrade its intelligence-sharing with Berlin if Germany buys Chinese 5G equipment is an example of why Berlin should seek more independence in its policies, former German Chancellor Gerhard Schroeder said.

The US Ambassador to Germany reportedly threatened the hosting country this week with a number of consequences for dealing with China, including withholding US intelligence information. The move was criticized by Schroeder, who is a long-time critic of Washington’s habit of using political leverage on Germany.

Mar 14 07:03

You Can’t Get Blood Out Of A Stone

Mar 13 19:20

Is the iPhone in trouble? Demand for Apple's flagship handset has gone 'from bad to worse,' analysts claim

'With iPhone demand acceleration on the horizon, we currently do not see any catalysts near term to drive significant [profit] upside,' Shawn Harrison, an analyst with Longbow Research, wrote in a note to clients, according to Bloomberg.

'...Multiple iPhone price cuts did not stop China iPhone search trends from weakening further while February supplier sales were abysmal, decelerating on a year over year basis vs. January.'

Harrison added that Apple's suppliers appear to be feeling the heat from weak iPhone demand, with 37 out of 42 companies from its supply chain reporting 'worse than seasonal sales' for the previous three month period.

Mar 13 15:15

BANKRUPTCY!!

Mar 13 15:03

Here's The Problem: The Pie Is Shrinking

Mar 13 13:31

The Global Economic Reset Begins With An Engineered Crash

For a few years now, since at least 2014, the phrase “global economic reset” has been circulating in the financial world. This phrase is used primarily by globalist institutions like the International Monetary Fund (IMF) to describe an event in which the current system as we know it will either die out or evolve into a new system where “multilateralism” will become the norm. The reset is often described in an ambiguous way. IMF banking elites will usually mention the end results of the shift, but they say little about the process to get there.

What we do know is that the intent of the globalists is to use this reset to create a more centralized monetary system and micro-managed global economy. At the core of this new structure would be the IMF along with perhaps the BIS and World Bank. It is a plan that has been supported openly by both western and eastern governments, including Russia and China.

Mar 13 13:13

War Spending (It’s bankrupting America)

Our nation is being preyed upon by a military industrial complex that is propped up by war profiteers, corrupt politicians and foreign governments.

Mar 13 11:33

The Next Step in Social Security’s Ponzi Scheme

By Garry Galles

On January 30, Rep. John Larson and 200 Democratic co-sponsors introduced the Social Security 2100 Act. Portrayed as giving retirees long-overdue benefit increases, it would actually add another step to Social Security’s long-running Ponzi scheme...

Mar 13 11:10

Explosive Lisa Page Testimony: Dossier Timeline Contradictions And DOJ Interference

Testimony provided to Congress from former FBI lawyer Lisa Page reveals contradictions as to when she learned about former British spy Christopher Steele’s anti-Trump dossier, sheds light on the “insurance policy” and exposes the Obama Justice Department’s decision not to charge Hillary Clinton with allegedly violating the Espionage Act.

Page’s testimony, which was delivered behind closed doors last July before a joint task force of the House Oversight and Judiciary committees, reveals the internal machinations between senior bureau leadership and the DOJ. Basically, her testimony adds more depth to what happened during the critical months during the FBI’s investigation into President Trump’s election campaign and the bureau’s “Midyear Exam” investigation into Clinton.

Webmaster's Commentary: 

This "screams" guilty of obstruction, and points out, again, that the alleged "justice system, for the monied, means "Just-US!!!!!"

Mar 13 11:02

Trump Wants Half a Billion Dollars to Finance Regime Change in Venezuela

At his Monday press conference, Mike Pompeo said “we’ve asked (Congress to appropriate) up to $500 million…to restore the economy of the Venezuelan nation (sic) (and) help Juan Guaido.”

He failed to explain the ongoing Trump regime coup plot, nor that it’s all about replacing Bolivarian social democracy with US-controlled tyranny – DLT and hardliners surrounding him wanting control over Venezuelan oil, gas, gold, and other valued resources.

It’s what the scourge of imperialism is all about, Guaido an illegitimate US designated puppet, usurper in waiting, traitor to Venezuela and its people, belonging in prison longterm for his highest of high political crimes.

Webmaster's Commentary: 

Too bad Pompeo didn't characterize this as "the International heist of the Century", and said something like,

"Hey, folks this $500 million is just "chump change", to regime change venezuela, and grab its oil assets!; such a deal!!"

After all, Victoria Nuland bragged about how the US spent $5 billion dollars (with a B) to regime change Ukraine!!
United States spent $5 billion on Ukraine anti-government protests.

Mar 13 10:52

US Media Erase Years of Chavismo’s Social Gains. Poverty Was Curtailed

Venezuela’s Bolivarian Revolution, which took off with the election of President Hugo Chávez in December 1998, frequently and even quite recently received praise for its social gains from the United Nations, international humanitarian organizations and economists. This aspect of the country’s story has been almost entirely written out of media coverage of the effort to overthrow the Venezuelan government by the US, Canada and their right-wing partners in Venezuela and the region.

Under Chávez, poverty in Venezuela was cut by more than a third, and extreme poverty by 57 percent (CEPR, 3/7/13). (These declines were even steeper if measured from the depths of the opposition-led oil strike, designed to force Chávez out by wrecking the economy.)

Webmaster's Commentary: 

Would that most Americans knew, and understood, their history as well as the citizens of Venezuela understand their own history and heritage.

Mar 13 10:50

Lack of Options Forces US to Take ‘Nuclear' Path Against Germany Over Huawei

The Trump administration's threats to withhold intelligence from Germany are rooted in the fact that Washington has no other means to bend Berlin to its will, Jude Woodward, author of "The US vs China: Asia's New Cold War?" tells Sputnik.

"The problem is that the US hasn't got any other threats left," Woodward told Radio Sputnik's Loud & Clear on Tuesday. "In the past, the trading relationship and the strength of the US economy and the size of the US market meant that the US had huge clout and it didn't really have to make threats."

"If [the US] made it clear it wanted something, its key allies would just go with it. Now the problem is that… the US is forced to go to the nuclear option because it doesn't have any options in between anymore," she added.

Mar 13 10:50

‘Largely Political’: US Bureau of Labor Statistics Data ‘Not Hard Science’

With the US economy having only created 20,000 new jobs in February, compared to the expected 180,000 jobs, US and global economic growth are continuing to slow down due to tensions in international trade between major economies, financial policy analyst Daniel Sankey told Sputnik Tuesday.

"How we calculate and quantify jobs is kind of crazy in our society. Though I will say that the fact that it was only 20,000 versus 180,000 is crazy. That matters, even if we were calculating the numbers in kind of skewed ways for political ways, which we are, we can't fake a decrease like that, really, and not have downstream effects," Sankey told hosts John Kiriakou and Brian Becker on Sputnik's Loud & Clear.

Mar 13 10:23

European Parliament calls to stop Nord Stream 2

The European Parliament considers necessary to curtail the Nord Stream 2 gas pipeline project, according to the report on the state of EU-Russia political relations approved on Tuesday.

"Russia and the EU will remain key economic partners in the foreseeable future, but Nord Stream 2 reinforces EU dependency on Russian gas supplies, threatens the EU internal market and is not in line with EU energy policy, and therefore needs to be stopped," the report says.

"The EU’s dependency on Russian gas supplies has increased since 2015," according to the report.

"The deepening of EU integration and coherence between its internal and external policies is the key to a more coherent, effective and successful EU external and security policy, including vis-a-vis Russia," the report noted.

Mar 13 10:15

The Trump Administration North Korea Policy Isn’t Engagement. It’s Demanding Kim’s Total Surrender

In listening to Special Representative Steve Biegun’s remarks today at the Carnegie International Nuclear Policy Conference , which is affectionately known as #Nukefest on Twitter, I couldn't help but wonder what happened to the Biegun who dazzled so many of us Korea watchers just a few weeks ago. For those of us who support diplomacy with North Korea as well as an action-for-action approach in resolving not only the nuclear issue but forging a new relationship with Pyongyang, Biegun’s comments at Stanford University seemed almost heaven sent.

Unfortunately, it seems the administration has changed its tune, despite Biegun’s clever attempt today at spinning the obvious. While we may never know exactly what happened since the Hanoi Summit, the goal posts have clearly been moved on the U.S. side. Specifically, three things have changed that could very well end the current detente on the Korean Peninsula and spawn the resumption of tensions:

Webmaster's Commentary: 

There are appalling, and ironic moments when it appears that President Trump appears to be pathologically incapable of negotiating his way out of a large paper bag intelligently, let alone with a foreign president or dignitary.

And unfortunately, the Hanoi Summit with Kim Jung un, was one of those painful demonstrations of that inability.

In essence, President Trump was asking Kim to relinquish everything, for absolutely nothing on the American side of the equation; and that kind of tone and tactic, particularly for an Asian leader, is utterly impossible to stomach.

Just how Trump got turned, and why, we will never know; but this was a flat, abject failure on the part of this administration; and the damnable thing was, if Trump had given just a little, just something North Korea could have accepted as real, and followed through on it, we could be looking at the official end of the Korean war, and true reunification of both Koreas.

Look for more warmongering in Asia, against both China and North Korea, now that negotiations with the North Koreans have gone "mammary glands up".

Mar 13 10:08

The Belt and Road Initiative: Chinese Agribusiness Going Global

One of the world’s biggest e-commerce companies, Beijing-based JD.com, says it will soon be able to deliver fruit from anywhere in the world to the doorsteps of Chinese consumers within 48 hours. It takes highly integrated global infrastructure—connecting farms to warehouses to transportation to consumers—to achieve a goal like this. China’s new mega-infrastructure plan, the Belt and Road Initiative (BRI), will help make JD.com’s vision a reality. It will also increase the concentration of global food production and distribution, potentially pushing small-scale farmers, fisherfolk, forest peoples and rural communities further to the margins. There are also serious concerns that BRI could worsen land grabs, human rights abuses, indebtedness, and environmental and health impacts in target countries.

Mar 13 09:56

Pompeo: All Constraint on Action in Venezuela Is Lifted - Abrams: Option of attacking Venezuela is always on the table

With Venezuela’s government ordering the withdrawal of the last of US embassy personnel, Secretary of State Mike Pompeo tried to spin it as a positive for the continued efforts to impose regime change there.

Pompeo said that “time is drawing short” for Venezuela, while saying the presence of a US embassy had been a “constraint on US policy,” and one that no longer exists now that the staff is being recalled.

Exactly what this will mean from a policy standpoint is unclear, though clearly the administration wants to keep reminding everybody that military intervention is possible Elliot Abrams confirmed this in his own comments, saying that the option to attack Venezuela will always remain on the table.

Webmaster's Commentary: 

Translation from Pompeoese into English: "The clock is already running, with an attack plan well formulated for at least the last month."

But the question I hope (and pray) is getting everyone in the Bowels of Power a little nervous in DC is, what is Putin prepared to do to protect Russian investments in Venezuela, which are numerous, and worth a lot of money?!?

Is the US civilian and military leadership seriously ready to take on the Russian militarily in an actual fight to control Venezuela's oil resources?!?

Because if the US State Department, the Pentagon, and Congressional officials haven't considered a scenario where the Russians are ready to wade into the fray, to protect Maduro and their investments, they have not thought this through all the way, at all.

They also need to remember that although the American military is quite good at fighting in desert environments, it is not (yet) that great with fighting in jungle environments; and Venezuela has a ton of jungle.

And here isa companion piece to which I think we need to be paying attention:

the US government presents the enemy iin Venezuela as socialism itself, not just Maduro

Mar 13 09:44

FLASHBACK - U.S. pilots flying 737 MAX weren’t told about new automatic systems change linked to Lion Air crash

Pilots for two U.S. airlines flying Boeing's 737 MAX weren't trained about a key change to an automatic system that's been linked to the fatal crash of a Lion Air jet last month, according to pilot representatives at both airlines.

Mar 13 09:43

FLASHBACK - Boeing’s automatic trim for the 737 MAX was not disclosed to the Pilots

The automatic trim Boeing introduced on the 737 MAX, called MCAS, was news to us last week. Graver, it was news to the Pilots flying the MAX since 18 months as well.

Boeing and its oversight, the FAA, decided the Airlines and their Pilots had no need to know. The Lion Air accident can prove otherwise.

Mar 13 09:42

Boeing Struggles to Contain Crisis From Second 737 Max Crash

Boeing Co. and U.S. regulators grappled with a crisis of confidence in the 737 Max that moved with the speed of an Internet rumor after the second deadly crash of the model in five months.

Breaking precedent, regulators in China grounded the revamped narrow-body plane before an international team of investigators had a chance to review flight data and cockpit voice recorders recovered after a brand-new Ethiopian Airlines 737 Max 8 plunged into a hillside minutes after takeoff Sunday. The U.S. Federal Aviation Administration said Monday that the jet model remains airworthy.

Mar 13 09:42

Airlines are charging travellers who want to switch from Boeing 737 MAX flights

For many fliers, "Am I booked on a 737 Max?" has become a crucial question after Boeing's new plane was involved in a second mysterious crash that killed all on board.

Travellers are shaken by the two catastrophes involving the Boeing 737 Max 8, which came just five months apart and killed 346 people. Passengers are turning to social media to express their fears about the plane's safety and to seek assurance from the airlines that fly the jet.

Mar 13 09:33

Trump Considers Classifying Drug Cartels Foreign Terrorist Organizations

President Trump told Breitbart News Monday that he is “strongly considering” classifying the Mexican cartels as Foreign Terrorist Organizations (FTOs). Trump cited ongoing violence and drug trafficking in Mexico as his reasoning

This sentiment has been echoed by law enforcement officials including Chris Farrell, who formerly served as an army counterintelligence officer and is currently Director of Investigations at Judicial Watch.

Farrell appeared in the documentary NotinVeinUSA.com, a film produced by Sara Carter’s non-profit The Dark Wire Investigation Foundation and Full Story Foundation. Farrell said his solution is to declare the cartels as FTOs.

“When they’re declared what they are, terrorist organizations, you give the Mexican government a choice: they can cooperate and get on board, and help us to fight them as what they are (terrorist organizations) or we could do it ourselves.” said Farrell.

Mar 13 09:07

Dollar Hegemony, Again

The United States Entity lost the war in Iraq. That fact determines the Entity’s position in the Middle East today. After having destroyed Saddam’s army and dispossessing the Sunnis in favor of the Shi’ites, after Abu Ghraib and it’s indelible pictures, after the total destruction of Fallujah, in short after a victory achieved with the utmost brutality, contempt and humiliation of Iraq and Iraqis, the Entity was in charge. Then the “insurgents” appeared. They put improvised explosive devices along the roads so, with a phone call, they could destroy patrols of the Entity. They made car bombs so that every vehicle approaching a check-point might spell doom. They donned suicide vests to blow themselves and any nearby Entity soldiers up. Entity soldiers couldn’t go into the streets. Every move they made could be their last. The enemy was everywhere and nowhere. These people would rather die then be ruled by these idiotic mechanized barbarians.

Mar 13 09:07

Mass ‘JEXODUS’ of Jewish People to Leave the Democratic Party

Young Jewish Americans are leading a mass exodus out of the Democratic Party. The new movement, called ‘JEXODUS’ calls itself a group of ” proud Jewish Millennials tired of living in bondage to leftist politics.”

On Monday, JEXODUS Spokeswoman and Former Trump Campaign Staffer Elizabeth Pipko told “Fox & Friends” that it was a shift in policy under the Obama administration that sparked anti-Israel sentiments in the Democratic Party. Pipko discussed the strong U.S. Israel relationship under the Trump Administration and the Embassy move to Jerusalem as obvious successes for the Jewish community in America. However, Pipko said the Jewish left fails to recognize these achievements.

Webmaster's Commentary: 

A cautionary note here; President Trump's fealty to both Israel, and Netanyahu personally, may well translate into massive wars in the Middle East, which the US may well not be able to win.

One has to wonder how Elizabeth Pipko will feel if, because we are understaffed in all areas of our military, that she will be called up in the reinstitution of the draft, to provide more "fodder" for these wars.

Because if you remember, the next draft will include both our sons and our daughters, that has already been decided by Congress.

Or, does she think that her relationship with President Trump, will mean she will be deferred, at least for a time?!? She is, after all, the perfect age to be drafted, at 24.

Mar 13 08:51

House votes to investigate Vladimir Putin's 'ill-gotten wealth'

The House on Tuesday passed legislation that would require the Trump administration to investigate Russian President Vladimir Putin's wealth.

In a voice vote, lawmakers approved the Vladimir Putin Transparency Act, a bipartisan bill that accuses Putin of undermining democratic reforms in Russia.

"It is the sense of Congress that the United States should do more to expose the corruption of Vladimir Putin, whose ill-gotten wealth is perhaps the most powerful global symbol of his dishonesty and his persistent efforts to undermine the rule of law and democracy in the Russian Federation," the bill said.

The legislation would require the Director of National Intelligence, and the secretaries of Departments of State and Treasury, to assess the extent and location of Putin's wealth. The report would have to estimate his net worth, sources of income, and shell companies he might use.

The bill is one of four House lawmakers were considering Tuesday aimed at Russia

Webmaster's Commentary: 

Dear House of Representatives; we understand that this is about demonizing Russia, ahead of some kind of a war against it.

But everything some misguided moron in the Legislature pulls a stunt like this, they are NOT taking care of the American people, period, end of discussion, which is what the voting public hired you to do.

Our infrastructure is in a state of collapse; our schools are crumbling, and what passes for "education", in some parts of this country, is a complete, bad joke, almost as though the Powers that Be responsible for education in those states wanted to insure that students have no critical thinking, or job skills, whatsoever.

And trust me, for those up for election, and re-election in 2020, we are watching you very carefully right now.

Mar 13 08:48

Ever Wonder Why No Bankers Go To Jail?

“The sovereign in the U.S. is supposed to be ‘We The People’- first three words in The Constitution. It’s not ‘We The People.’ The sovereign power of the U.S. is a criminal global banking cartel. Period. Full stop.”

“Criminal immunity is tantamount to Sovereignty. Any entity that has criminal immunity has Sovereign power. For example, you don’t need the Constitution to coin money and regulate the value thereof. You can simply counterfeit money and rig markets. And in fact, rigging markets is what they did.”

“Collateral Consequences.” It was a term introduced to the Executive branch of Government, which includes the Justice Department by Eric Holder during the Clinton Administration. This paved the way for Justice Department prosecutors to let bankers off the hook for obvious criminal behavior.

Mar 13 08:44

ZUCKERBERG WANTS FACEBOOK TO BUILD A MIND-READING MACHINE

All was going to plan. Zuckerberg had displayed a welcome humility about himself and his company. And then he described what really excited him about the future—and the familiar Silicon Valley hubris had returned. There was this promising new technology, he explained, a brain-computer interface, which Facebook has been researching.

The idea is to allow people to use their thoughts to navigate intuitively through augmented reality—the neuro-driven version of the world recently described by Kevin Kelly in these pages. No typing—no speaking, even—to distract you or slow you down as you interact with digital additions to the landscape: driving instructions superimposed over the freeway, short biographies floating next to attendees of a conference, 3D models of furniture you can move around your apartment.

Webmaster's Commentary: 

In the future, Zuckerberg wants the entire notion of "informed consent", which has been a basemark American value for a long period of time, thrown out as "antique", and "impossible to gauge", at this point in the 21st century.

And don't think for one second that once such a machine is perfected, it will not get into the hands of those who should never be allowed to use it, and not for good, but for pure evil.

If you haven't seen it, please get Terry Gilliam's film, "Brazil", the Director's Cut, and see how the technology employed by the government, destroyed lives.

It is a brilliant, brutal view of what happens when power and technology are fused, in the interests of total control over a society; and how the end result means "neutralizing people", both physically and psychologically, who may think "differently."

Mar 13 08:30

BOEING, THE FAA, AND WHY TWO 737 MAX PLANES CRASHED

On Sunday an Ethiopian Airlines flight crashed, killing all on board. Five month earlier an Indonesian Lion Air jet crashed near Jakarta. All crew and passengers died. Both airplanes were Boeing 737-8 MAX. Both incidents happened shortly after take off.

Boeing 737 MAX aircraft are now grounded about everywhere except in the United States. That this move follows only now is sad. After the first crash it was already obvious that the plane is not safe to fly.

Webmaster's Commentary: 

Translation: Boeing knew that the plane would be unsafe without extensive pilot retraining , but sold it anyway to unsuspecting airline owners.

Boeing CEO Dennis Muilenburg should be held personally, and legally responsible; the manufacturer should have to give back the money it took from these airlines, plus fines, and Muilenburg should be tried and convicted by his peers, for knowingly selling unsafe aircraft.

But that would only happen far away and apart from the situation in the US, where "Justice!" has morphed into " Just US!!, as the battle cry of the elite."

Of course, we all know that this will never happen in this country; the monied rarely eat their own.

Mar 13 08:22

POMPEO ACCUSES CUBA AND RUSSIA OF PROPPING UP VENEZUELAN RULER

Secretary of State Mike Pompeo accused Cuba and Russia on Monday of propping up President Nicolás Maduro of Venezuela in the Trump administration’s most explicit argument yet that his government is a dictatorial regime kept alive by two American adversaries.

Mr. Pompeo’s comments came amid a devastating power outage that has plunged many of Venezuela’s most populous areas into darkness, spoiling food in a nation where little is available.

He denied Mr. Maduro’s accusation that foreign powers — a clear reference to the United States — had any role in creating the blackout that has brought the country to the brink of social implosion. Instead, Mr. Pompeo said, the blame lies squarely with Havana and Moscow.

“When there is no electricity, thank the marvels of modern Cuban-led engineering,” Mr. Pompeo said in comments laced with sarcasm. “When there’s no water, thank the excellent hydrologists from Cuba. When there’s no food, thank the Cuban communist overlords.”

Webmaster's Commentary: 

I guess Pompeo is completely blind to how horrific the optics are on what he said, and the way he said it.

But I would like to hope (and pray) that Putin doesn't decide that Russia's investments in Venezuela are worth a military conflict with the US right now.

Because right now, the US military doesn't have the troop strength; the money, the weaponry; or the manufacturing to insure a positive outcome to a war with Russia over Venezuelan oil, because this is truly what such a war would be about; who controls the oil, and it what currencies it is sold.

Mar 13 08:17

HOW STATES/EMPIRES COLLAPSE IN FOUR EASY STEPS

SOURCE: CHARLES HUGH SMITH
The promises cannot be met, and so society decays into warring elites and competing constituencies.

There is a grand, majestic tragedy in the inevitable collapse of once-thriving states and empires: it all seemed so permanent at its peak, so godlike in its power, and then slowly but surely, too many grandiose, unrealistic promises were made to too many elites and constituencies, and then as growth decays to stagnation, the only way to maintain the status quo is to appear to meet all the promises by creating money out of thin air, i.e. debauching the currency.

This political expediency works most wonderfully for a time: people don't realize the silver content of their coinage is being cut to near-zero, or there's nothing holding up the value of their currency but trickery and vague allusions to past glory.

Trust in the state/empire's currency suddenly collapses in a phase shift: all seems well until the moment the avalanche sweeps it all away.

Webmaster's Commentary: 

That the Unhinged, Surveilled, State of America is an empire in decline, is no secret for those of us who can see the opulent decadence around us.

The American people are now no more, in the eyes of the government, the deep state, and corporations, than fodder for taxes, and breeders of soldiers for future wars (if fully automated wars are not in use within the next 20 years.)

And we are faced with two possible outcomes; the total economic collapse of the USA, as happened with the old Soviet Union, or a world war so horrific that life itself will cease to be on this planet.

Mar 13 08:12

‘U.S Violates All Ethical And Legal Norms’ – Lavrov SLAMS U.S Interference In European Parliament

Lavrov has just spoken publicly about the interference of the US in the European Parliament. Today, the European Parliament adopted a self-defeating document which summarily ends the EU’s consideration of Russia as its ‘Strategic partner’. Lavrov understands this to be further evidence of the US’s interference or meddling in the political processes of the EU’s EP.

“The introduction of US sanctions against the Nord Stream II project and all companies associated with it is, under international law, contrary to all the tenets and norms.” This was announced at a press conference on March 12 by Russian Foreign Minister Sergey Lavrov .

Mar 13 08:11

Pompeo seeks to recruit top world oil execs to promote US foreign policy

US Secretary of State Mike Pompeo has sought to recruit some of the top oil industry guns to serve as Washington's foreign policy tools to crack down on "bad actors" like Venezuela, Russia and Iran.

Addressing members of IHS Markit's CERAWeek annual energy conference in Houston, Texas on Tuesday, Pompeo divulged what has long been an open secret – that the US is willing to use all its political clout to propel its economic interests and vice versa.

Mar 13 08:10

"We Are Living On Borrowed Time $$$"

Mar 13 08:05

US advises Italy to steer clear of China’s new Silk Road… because it’s a National Security issue?

A US National Security Council official has warned Italy against participating in China’s Belt and Road Initiative, which aims to unite European and Asian markets, claiming it adds ‘legitimacy’ to Beijing’s infrastructure project.

“Italy is a major global economy and great investment destination,” Garrett Marquis, a spokesman for the White House’s national security team, stated on Twitter, after Prime Minister Giuseppe Conte said he would welcome Italy's participation in the BRI.

No need for Italian government to lend legitimacy to China’s infrastructure vanity project.

“With all the necessary precautions, Italy’s accession to a new silk route represents an opportunity for our country,” Conte said Friday, noting that participation in China’s trade master plan would be up for discussion when President Xi Jinping visits Italy on March 22. Conte also announced his plans to attend a BRI summit in China in April.

Mar 13 07:38

This Does Not Look Good...

Mar 13 06:05

WHEN I WAS A KID I NEVER GOT AN ALLOWANCE

(*but my friends did , on Saturdays , they'd head to the store and buy some candy , ciggeretts , balsa wood gliders , or yoyo's , tops , comic books , kid stuff .
I didn't get that welfare handout from my parents . I had to report to my battle station for provision maneuvers .
For cigarettes I would need cash , because they were behind the counter , and the attendant had to hand them to us , no ID necessary , so I would resort to propaganda , and say they were for my mom .
I'd have to breach the border of the parents room , go behind enemy lines , execute a preemptive attack on the cash draw , and loot the enemy's treasury for the obligatory $.27cents , as they were priced under the nations horrifying days of socialism .
For all other items, in the red zone of the store's floor , I would resort to the covert operation of shoplifting , up , under the shirt , up the sleeve , in the pocket , of my ill fitted PI (*PARENTAL ISSUED) uniform , moving quickly to confuse , while constantly scanning the perimeter for the enemy , the store dick .
If these facts , as alleged , are true , I actually was a better Role Model , for America's Youth , from A More Principled Nation , I MEAN FAMILY , then the welfare mooching , allowance grabbers , my , lesser then myself , communist , nazi , socialist , childhood , and adolescent friends were .)

Mar 13 03:49

We’re Overdosing on the Debt Opioid

Mar 12 15:17

Retirement Isn’t Happening

Mar 12 14:32

2 SmartWings Boeing 737 Max Diverting From EU Airspace - Report

The European Union's aviation safety regulator (EASA) closed on Tuesday the block's airspace for all Boeing 737 MAX flights following the deadly Ethiopian Airways crash.

Following the suspension of the 737 Max flights in the EU, the non-commercial aviation media outlet AIRLIVE reported Tuesday that among other flights two SmartWings Boeing 737 MAX aircraft were diverted from Prague airport.

Mar 12 13:45

David Morgan: US Consumers Are Tapped-Out

Mar 12 13:37

Chlorinated chicken? Eugh! (E1356)

In this episode of the Keiser Report, Max and Stacy discuss the post-Brexit reality: chlorinated chicken for everyone! As the UK braces for hormone-laden beef and chlorinated chicken products, Max and Stacy wonder if this isn’t a good metaphor for the monetary system, which has been injected with the growth hormone of quantitative easing. The Fed’s balance sheet is now as massive as a Franken-chicken is today. In the second half, Max interviews Mish Shedlock of MishTalk.com about the latest economic data from America, and whether or not lofty stock market valuations are warranted.

Check Keiser Report website for more: http://www.maxkeiser.com/

Mar 12 13:29

Southern Poverty Surpasses Half Billion in Assets; $121 Million Now OffshoreReports $518 million in total assets despite $21 million fall in donations

The SPLC's assets increased despite its total revenue falling by $15 million last year. The SPLC hauled in $136 million in total revenue throughout 2017. This number fell to $121 million in 2018. Its contributions and grants also fell by more than $20 million from 2017 to 2018, from $132 million to $111 million.

Despite the fall in revenue, the SPLC's vast investment portfolio expanded in 2018, which included a drastic increase in the amount of money it has parked overseas. By the end of 2018, its non-U.S. equity funds rose to $121 million, an uptick of nearly $30 million from the $92 million it had parked in offshore investments throughout 2017.

Webmaster's Commentary: 

Wow! That looks like some serious money SPLC has stashed away...

Mar 12 12:41

Boeing disaster: Countries that did & DID NOT ground 737 MAX 8 amid probe; BILLIONS at stake

Countries around the globe are grounding their Boeing 737 MAX 8 fleets, as the best-selling jet is under investigation after two deadly crashes in under five months. The US firm’s reputation and billions of dollars are at stake.

The 737 Max 8 operated by Ethiopian Airlines crashed six minutes after take-off on Sunday en route from Addis Ababa to Nairobi, killing all 157 people on board. The tragedy followed Indonesia's Lion Air 737 Max 8 crash in October that killed 189 passengers and crew.

The latest crash of the best-selling jet in the Boeing's 737 range might seriously challenge the unrivalled reputation of the aerospace giant. Despite the October crash the manufacturer could boast 5,011 firm orders from 79 customers for its 737 MAX 8 as of the end of January.

Mar 12 10:57

SYRIA READY FOR WAR TO REGAIN OIL-RICH GOLAN HEIGHTS

There is, however, a more practical and less ideological reason for annexing the Golan Heights—oil.

In early 2013, Israel granted the American corporation Genie Oil and Gas a permit to explore for oil and gas on a 153-square mile radius in the southern part of the Golan Heights. Genie Energy is advised by Dick Cheney and its shareholders include Jacob Rothschild and Rupert Murdoch.

Bestselling author and strategic risk consultant F. William Engdahl writes in Golan Heights, Israel, Oil and Trump:

Webmaster's Commentary: 

IF true, (and it concerns me that this story goes to a single source as reference, World Israeli News), the Middle East is about to get into another bloody conflict, over the Golan oil and reserves here.

I have not read any confirmation in any Syrian news in English, that this was actually what Syrian Deputy Foreign Minister said.

This could well be Israeli propaganda, to give Netanyahu time to do something to make him look like " a leader" to his people, ahead of the 9 April elections in Israel.

The Middle Eastern Leadership knows that Netanyahu's hanging on to power by a very fine thread, and with a 56 page indictment against him, may well not win the next election.

I would expect things to get very nasty, if Netanyahu's internal pols don't show him winning the race for Prime Minister; cornered animals, and cornered politicians are at their most dangerous; and right now, Netanyahu is cornered, geopolitically, so it is difficult to foresee what he is willing to do at this point.

Mar 12 10:38

Trump's 2020 NASA Budget Would Cancel Space Telescope, Earth Science Missions (Again)

The Trump administration's federal budget request for 2020 proposes the cancellation of three NASA science missions: the Wide-Field Infrared Survey Telescope (WFIRST) and two Earth science missions.

This isn't the first time the Trump administration has tried to nix WFIRST, a $3.2 billion flagship-class astrophysics mission that has already had to grapple with budget cuts. In its fiscal year 2019 budget proposal, the Trump administration sought to end that mission along with five other Earth science missions — but the Senate voted to give WFIRST the funding it needed to stay on track for a launch in 2025.

According to NASA's summary of the budget request, the Trump administration is proposing "to terminate the WFIRST mission and instead focus on completing the delayed James Webb Space Telescope," another flagship-class project that is over budget and behind schedule.

Mar 12 10:33

US WARNS GERMANY IT WILL END INTELLIGENCE SHARING IF HUAWEI IS GIVEN 5G CONTRACT

SOURCE: INTEL NEWS
The United States has warned Germany that intelligence sharing between the two countries will be threatened if the Chinese telecommunications giant Huawei is awarded a contract to build Germany’s 5G network. The company, Huawei Technologies, is a private Chinese venture and one of the world’s leading telecommunications hardware manufacturers. In recent years, however, it has come under scrutiny by some Western intelligence agencies, who view it as being too close to the Communist Party of China. More recently, Washington has intensified an international campaign to limit Huawei’s ability to build the infrastructure for 5G, the world’s next-generation wireless network. Along with Britain, Australia and Canada, the US is concerned that the Chinese telecommunications giant may facilitate global wiretapping on behalf of Beijing’s spy agencies.

Webmaster's Commentary: 

President Trump is just angry that Huawei got Germany's 5 G contract, and these actions are not the actions of a mature leadership. This is a 3 year old saying angrily, "I'm taking my toys, and going home!!"

This isn't about Chinese wiretapping; this is about no US company getting the money for the contract, because,yet again, in terms of invention and innovation, the US finds itself behind the proverbial 8 Ball.

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA