ECONOMY | WHAT REALLY HAPPENED


ECONOMY

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...

Apr 18 13:22

Sears sues Lampert, claiming he looted assets and drove it into bankruptcy

Sears Holdings Corp sued longtime former chairman Eddie Lampert, his hedge fund ESL Investments and others like Treasury Secretary Steven Mnuchin, claiming they illegally siphoned billions of dollars of assets from the retailer before it went bankrupt.

Apr 18 13:11

NORTH KOREA SAYS IT TESTED A NEW WEAPON BUT WON’T SAY WHAT IT WAS

North Korea is flexing its muscles. On Thursday, the nation announced that it had test-launched a new “tactical guided weapon” — but kept the details vague.

The weapon is unlikely to be a long-range ballistic missile that could jeopardize peace talks, according to the Associated Press. Rather, given the fact that the announcement came with new demands for ongoing negotiations with the U.S., the tests were likely intended as a display of military strength.

Guessing Game
South Korean experts suspect that the new weapon was some sort of cruise missile, per the AP‘s attempt to learn more. Had the weapon been a longer-range missile that could pose a threat to the U.S. or other nations, then North Korea may have put at risk its ongoing effort to lift sanctions that other countries have imposed on it.

Webmaster's Commentary: 

What will be key and critical here, is how President Trump understands what has been done, and where this may be going, in terms of denuclearization dialogue with Kim Jun Ung.

But there is one thing on which he and I most likely agree, and appreciate, and that is how "Wreck-it Mike Pompeo" is behaving right now.'

This is the result you get when you appoint a Dominonist as your Secretary of State.

These folks have a core belief that the more wars countries create, the sooner Jesus will make his Second Coming.

Rapture Christians Plan to Trigger an Apocalypse

The article goes on to state:

"A new ideology in the White House".

In the Trump White House, a weekly bible study group calls its brand of faith “historical evangelicalism.” Biblical scholars say the group shares the “end of times” message of “Rapture” theologians in its statement of faith and founder Ralph Drollinger’s own published lessons.

The bible study group is run by Capitol Ministries, an organization with the stated mission “to teach God’s Word and share the Gospel of Jesus Christ with state legislators, judges, and constitutional officers.” Capitol Ministries supporters include ten members of Trump’s cabinet, including in addition to Pompeo, labor secretary Alex Acosta and housing secretary Ben Carson according to the Capitol Ministries website. Drollinger, a UCLA basketball player-turned politician-turned-preacher, has also been holding weekly bible study groups with dozens of Congress members since 2010."

Folks, I do not know how you feel about having a Secretary of State, whose religious eshatology commends him to "grease the skids" for the worst global catastrophe ever, because it will be the event which will foreshadow the 2nd coming of Christ, but color me very nervous about this.

In looking at Pompeo's foreign policy, one can see how, in his mind, creating wars against Biblical enemies, and others, like Iran, Venezuela, North Korea, and Yemen, makes perfect sense to him; after all, it's hastening the second coming of Jesus, right?!?

And I have to wonder; what will happen to these Dominionists, if the wars destroy all life on earth, but there is no second coming of Jesus?!?

Apr 18 12:38

SEARS SUES LAMPERT, CLAIMING HE LOOTED COMPANY AND DROVE IT INTO BANKRUPTCY

Sears Holdings Corp sued longtime Chairman Eddie Lampert, his hedge fund ESL Investments, and former directors including Treasury Secretary Steven Mnuchin, accusing them of allowing the retailer to be looted of billions of dollars before its October 2018 bankruptcy.

The lawsuit, made public on Thursday, was filed by the restructuring team winding down what remains of the pre-bankruptcy Sears following Lampert’s $5.2 billion purchase in February of most of its assets.

Sears accused Lampert of ordering the creation of bogus financial plans showing the retailer would turn itself around even as it racked up huge losses, enabling the transfer of five major assets including Land’s End and Sears Hometown Outlet for his benefit.

Webmaster's Commentary: 

This is not going to go away"; so I would suggest that he "lawyer up", and fast, because what may be brought up during the Discovery portion of the trial, may be significantly damning to both Lampert personally, and to his professional reputation.

Apr 18 10:01

Will the West allow the construction of railroads linking the Gulf and the Mediterranean?

While the United States and their allies have deliberately created famine conditions in North Korea, then in Sudan, in Tunisia, and now in Yemen, they are also beginning to drag Syria down into starvation. The only way of avoiding this situation is by relaunching the regional economy, which collapsed during the wars in Iraq and Syria. Two projects for railroads are currently in competition – the first intended to develop the region, the second to divide it. Are the Westerners behaving like human beings, or are they pursuing their dream of world domination?

Apr 18 00:49

Earnings downgrades topple NZ sharemarket from record high

Earnings downgrades from three big NZX-listed companies have stopped the share market from bursting through the 10,000-point barrier on the S&P/NZX50 index.

The declines were led by Tourism Holdings (THL), whose shares were heavily sold off after the company issued a surprise earnings downgrade.

That downgrade, together with weather-related downgrades for Mercury Energy and Genesis, made for a soggy start for the share market, which yesterday closed at a record high of 9982.2.

By 10.45 am, the index was at 9,946 points, down 0.4 per cent.

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