|Tuesday, October 17, 2017
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Economy

Tories Intend Greater Austerity Following Brexit Vote

Political fallout from Thursday’s Brexit vote didn’t take long to unfold. David Cameron began it by announcing his resignation, effective when Torries meet in October, he said. On Tuesday, UK Chancellor of the Exchequer George Osborne’s greater austerity announcement didn’t surprise. Days before last Thursday’s vote, he claimed Brexit would cause a 30 billion pound public finance hole – public health service, education, transport and other spending cuts needed, ...Read full article...

How to Survive a Personal Economic Collapse

With all that is being written about the economic collapses of nations around the globe, people in America seem to be waiting for some huge event. But what if it isn’t a huge event like  a stock market crash or a currency collapse that you actually need to be concerned about? What if our disaster starts out looking nothing like the economic crises in Argentina, Venezuela or Greece? What if the real financial disaster in the ...Read full article...

IMF warns against Sovereignty, Nationalism and a sound Immigration Policy

The director of the IMF, Christine Lagarde says that the TPP and TTIP must be passed, although she admits that the adoption of such agreements will widen the gap between rich and poor in the short term. Globalism’s success depends on regions without nations and nations without borders. It feeds from countries whose governments have been thoroughly absorbed my regional, non-elected organizations who then transfer the power to global ...Read full article...

The drop in Oil Prices upsets the Geopolitical Chessboard

The drop in oil prices has given the lie to the «Hubbert peak» theory. There will probably not be a penury of energy in the coming century. The price decrease is also probably the first step in dismantling the «human origin of global warming» theory. It has deprived the alternative sources of energy of any validity, as well as investments in hydrocarbons from shale and deep-water drilling. It has ...Read full article...

European Central Bank to Bailout European Multinationals

The European Central Bank (ECB) takes a new step in its policy of providing cheap liquidity to the euro zone. The panorama of zero and negative rates and the quantitative easing program (QE) will now be supported by the bank’s purchase of corporate bonds. That is, corporate debt. By purchasing corporate bonds, the ECB hopes to, once again, rescue corporations that are allegedly experiencing ‘difficulties’ in collecting billions in ...Read full article...

US Government Employment Lies

Today the Bureau of Labor Statistics announced that the US economy only created 38,000 new jobs in May and revised down by 59,000 jobs the previously reported gains in March and April. Yet the BLS reported that the unemployment rate fell from 5.0 to 4.7 percent, a figure generally regarded as full employment. The May jobs increase only covers a small fraction of the monthly growth in the labor ...Read full article...

We Have Entered The Looting Stage Of Capitalism

Having successfully used the EU to conquer the Greek people by turning the Greek “left-wing” government into a pawn of Germany’s banks, Germany now finds the IMF in the way of its plan to loot Greece into oblivion . The IMF’s rules prevent the organization from lending to countries that cannot repay the loan. The IMF has concluded on the basis of facts and analysis that Greece cannot repay. ...Read full article...

TTIP—American Economic Imperialism

Greenpeace has done that part of the world whose representatives are so corrupt or so stupid as to sign on to the Trans-Pacific and Trans-Atlantic “partnerships” a great service. Greenpeace secured and leaked the secret TTIP documents that Washington and global corporations are pushing on Europe. The official documents prove that my description of these “partnerships” when they first appeared in the news is totally correct. These so-called “free ...Read full article...

Secrets of the TTIP negotiations Revealed

Negotiations ignore the recent Paris agreement to reduce CO2 emissions and label high regulations on pesticides and GMOs as “barriers to trade”. Our suspicions have come true. United States is pressing European negotiators to significantly reduce regulation levels in some of the thorniest issues of the trade agreement known as the TTIP. A leaked document, which we have gained access to, reveals the American position for the first time, on ...Read full article...

Obama’s Economic Legacy: Thirdworldizing America

The New York Times colluded with Obama, presenting the illusion of economic recovery, twisting reality, ignoring cold hard facts. Interviewed by its financial columnist Andrew Sorkin, a false picture of his economic record was presented. America’s 1% never had things better. Protracted Main Street Depression conditions affect most others. One out of four working-age Americans have no jobs. Most others lucky to have work are underemployed – stuck in ...Read full article...

Washington and Brussels Enablers of Tax Fraud

The largest banks and the largest corporations in the world along with intelligence agencies are the greatest money launderers in the world. Millions of dollars are hidden by secret entities in tax havens to finance terrorist attacks and to destabilize countries worldwide. This fact is of everyone’s knowledge, including the European Union, whose leaders have known about it since before the EU came into existence. The kleptocrats who today ...Read full article...

America: World’s Leading Tax Haven

Panama Papers Ignore Massive Corruption and Racketeering in America Obama publicly criticizes tax avoidance while quietly encouraging high-net worth foreigners to shift wealth to America, free from taxation. The Lectric Law Library says “(s)ince the ‘80s, the US has been the largest tax and regulatory haven for non-resident foreign nationals in the world.” Foreign-based individuals “can buy the newly issued Reg. S stock of a US company at a ...Read full article...

The Panama Papers: What are they and why are they important?

Before you begin to understand why the leak of the so-called Panama Papers is making news all over the planet or why the names of famous people are being cited in those papers, first you need to understand what exactly they are. Luckily, the following guide will help you make sense of it all. What are the Panama Papers? Simply put, it is the biggest leak of documents in ...Read full article...

The Government Can’t Keep This a Secret Any Longer

Forget what the government is telling you. Corporate America says we’re in a recession. As of today, the fourth-quarter earnings season is in the books. Earnings season is when companies report financial results. It’s when they tell investors if profits are growing or shrinking. A good earnings season can send stocks higher. A bad one can cause stocks to fall. This was a bad earnings season. Earnings for companies ...Read full article...

The Financial System Is A Larger Threat Than Terrorism

In the 21st century, Americans have been distracted by the hyper-expensive “war on terror.” Trillions of dollars have been added to the taxpayers’ burden and many billions of dollars in profits to the military/security complex in order to combat insignificant foreign “threats,” such as the Taliban, that remain undefeated after 15 years. All this time, the financial system, working hand-in-hand with policy makers, has done more damage to Americans ...Read full article...
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