ECONOMY | WHAT REALLY HAPPENED

ECONOMY

Dec 24 11:13

It's Beginning To Look A Lot Like A Bubble

Dec 24 10:47

Global Growth Falling: First China, Now India

Dec 24 10:39

The USMCA, Virginia & Possible Deployment Of UN Troops Against Gun Owners

Just remember Trump pushed the USMCA which is nothing more than UN Agenda 21/30 in new clothes.

As the situation in Virginia continues to escalate the possibility that they are deliberately trying to lure patriots into committing acts of violence must be considered. It is the Hegelian dialectic at play ? create the problem by criminalizing legal gun owners, provoke the reaction and offer the solution. The final solution is, the merging of the United States into a one world order headed by the United Nations. As crazy as that sounds the groundwork for such a merger is well established as the United States committed itself to United Nation objectives with the signing of the United Nations Participation Act in 1945.

Dec 24 10:34

Warning! What Men Need to Know Before Eating Impossible Whoppers from Burger King

Men, before eating your next Impossible Whopper from Burger King, I would kindly suggest you read this.

Is Burger King at the forefront of population control?

Do I sound crazy?

Now, let’s compare the estrogen hormone in an impossible whopper to the whopper made from hormone implanted beef. The impossible whopper has 44 mg of estrogen and the whopper has 2.5 ng of estrogen. Now let me refresh your metric system. There are 1 million nanograms (ng) in one milligram (mg). That means an impossible whopper has 18 million times as much estrogen as a regular whopper. Just six glasses of soy milk per day has enough estrogen to grow boobs on a male.

Dec 24 08:30

Main Street To Fed: Exactly What Rate Cut?

Dec 24 08:15

THIS IS AMERICA: 10 EXAMPLES THAT SHOW HOW DRAMATICALLY THE U.S. HAS CHANGED AS WE APPROACH 2020

SOURCE: MICHAEL SNYDER, GUEST POST
One thing that you can count on in life is that things are going to change. And these days the pace of change in America is absolutely breathtaking. Our culture is in the process of being radically transformed, and the direction of that change has not altered very much at all no matter which political party has been in power in Washington. Many of the values that are now embraced by a solid majority of the population run directly counter to the values that once dominated our society, but only a small minority of Americans seem alarmed by that fact. It appears to be exceedingly unlikely that there will be any deviating from the path that our nation has chosen, because at this point the American people seem quite satisfied with the dramatic “progress” that is taking place.

So what do you think?

Are we on the right track as a nation?

Webmaster's Commentary: 

My short answer to this question about "Are we on the right track as a nation?" would be a resounding "HELL, NO!!!!!!!

And the primary (but governing) reason is the following; pro-peace, national candidates from both parties will never see daylight as President or Vice President, because their pro-peace stances will translate into billions lost by the military industrial complex; so our alleged "choices" for President and Vice President are orchestrated by this lewd tango between the military industrial complex and the US deep state, both of which have nearly never seen a potential war, or potential regime change they didn't just love, no matter the horrific costs to our men and women in uniform.

The paupacity of true education and true understanding in this country, is embarrassingly amazing, but it is done purposely: programs like Common Core, are enabled to keep people from thinking, and using their God-given common sense.

Because when people are numerate; literate; and capable of true critical thinking, that huge ooze of codswallop we are supposed to swallow whole, courtesy of the corporate Presstitutes whose almost every word is dictated by this country's deep state, to support a war-centric agenda, very much falls apart, under even the most casual scrutiny.

This leaves US citizens easily confused, and torn apart to the point where we cannot even talk about political issues without that devolving into a real shouting match, in many families and friendships.

A house divided against itself cannot stand; so while we are distracted by every single, possible distraction, including those provided by our media, and arguing among ourselves, the US Deep State and military industrial complex provides us with enemies du jour, and wars we, of course, MUST fight to "contain (fill in country's name here) that country's alleged "aggression" against us.

So here is the process; regime change any governments not to the US government's liking; install a puppet regime which will enable US-centric multinational companies, to come in and expropriate that country's natural resources, to which this government, and these corporations have no moral right; ; and only sell those resources in US dollars.

Follow the money; follow the resources, and it is pretty easy to see how this happens, and is happening seemingly endlessly, on the part of this government.

What do we need to do to change this?!?

First, we need to have a peaceful, reasonable, and national conversation about these endless wars, and why our military is fighting in them in the first place.

The first of these which comes to my mind, is our governments'partnering in war crimes and the biggest humanitarian disaster in recent history in Yemen, by supporting Saudi Arabia against the Houthi rebels here. Every single rational article I have read about this conflict, indicates that it has to be resolved not by more bullets and bloodshed, but by moral, intelligent, and hard-won negotiations.

So we have to ask our leadership; is there no other way than wars with which to obtain those geopolitical concessions which the US seeks from other countries?!? I am convinced that there is; but there has to be a will in the Bowels of Power in DC, to make that happen, which currently does not exist.

I want to see this country go back to hand-written ballots which cannot be electronically altered.

I want to see a "none of the above" on every Presidential ballot, so ultimately, We the People will have actual choices on candidates, not candidates "pre-digested" by the military industrial complex, and the US Deep State.

And finally, I would like to see an amendment to the Constitution, stipulating that any national candidate who wins the Presidency, Vice-Presidency, or Congressional race, must have their kids enlisting in the military, if they are of appropriate age, and must be trained with combat units most likely to see action on the front lines of whatever war the US government has decided we are fighting.

Now, I understand, as well as a grown person, that such an amendment might only happen when pigs discover that they are aerodynamic; that being said, however, I wouldn't bet against such an Amendment slowing down the US Government's lust for wars, when the people ordering those wars understand that it most probably will be their kids who may well die in the first stages of those wars.

Dec 24 08:07

1-page summary of Monetary Reform and Public Banking: pay US national debt, fully fund infrastructure, return ~$1,000,000 to every household. Your choice: breakthrough or tragic-comic exponential debt crash

Can US national debt be sustained, or is it an exponential and accelerating growth curve with mechanics that must crash if not reformed?

The nominal annual interest payment of US national debt pushed over $600 billion; doubled from just 2004. Demonocracy's 2 minute visual of the national debt:

As a math teacher, I see exponential growth in a model that creates what we use for money only as negative numbers (debt/credit). Without the power to create money as positive numbers (monetary reform explained below), this accelerating growth of debt only has one outcome: crash.

Moreover, I see insiders know this, as oligarchs push for short-term tax benefits as 91 Fortune 500 companies paid zero taxes (some received taxpayer subsidized refunds despite profits in the collective trillions, with an average tax down to 11%). The top 1% now own more assets than the bottom 99%.

Dec 24 06:57

Can China Dethrone The US Dollar As Global Reserve

As a result of this ‘trade war’ China has let the yuan slide versus the USD which is a warning to Trump, specifically Mnuchin, popularly known as one of the most slippery dealers (IndyMAC and One West) to ever walk the earth (and China knows that). China is hoping that a lower yuan will offset tariffs just as the US has ‘weaponized’ the dollar and has imposed sanctions and tariffs on China. Because the sums are so vast with China holding so much US debt, and because China depends on exports to the west, China is somewhat boxed in.

Dec 24 06:52

The Christmas Truce Of WWI Paused The Murderous Demands Of The State

As December waxed, the combat ardor of the frontline troops waned. With Christmas approaching, the scattered and infrequent gestures of goodwill across enemy lines increased. About a week before Christmas, German troops near Armentieres slipped a “splendid” chocolate cake across the lines to their British counterparts. Attached to that delectable peace offering was a remarkable invitation:

We propose having a concert tonight as it is our Captain’s birthday, and we cordially invite you to attend – provided you will give us your word of honor as guests that you agree to cease hostilities between 7:30 and 8:30…. When you see us light the candles and footlights at the edge of our trench at 7:30 sharp you can safely put your heads above your trenches, and we shall do the same, and begin the concert.

Webmaster's Commentary: 

This is a terribly under-reported episode of World War I, but one which needs to be examined and cherished, because of the human decency these soldiers shared with one another, even though they were allegedly "sworn enemies".

Dec 24 06:43

Turkey Can't Handle New Refugee Explosion & Greece Will Be First To Feel Impact: Erdogan

At a moment Erdogan has his hands dirty in Syria and is preparing to get more militarily involved in Libya, Turkey's president has yet again threatened Europe with a refugee horde so large no country will be able to handle it. He's now specifically threatened Greece as being among the first to bear the brunt of the first waves of refugees unleashed by Turkey.

His threats are now centering on the major uptick in airstrikes by Russia and Syria on Idlib province, said to number in the "hundreds" since a new operation began on Dec.16. Since then, tens of thousands of civilians living under al-Qaeda's Hayat Tahrir al-Sham (HTS) have reportedly fled.

"Turkey cannot handle a fresh wave of migrants from Syria, President Tayyip Erdogan said on Sunday, warning that European countries will feel the impact of such an influx if violence in Syria’s northwest is not stopped," Reuters reports.

Webmaster's Commentary: 

The people for whom I feel sorry the most, in this whole, sordid mess, generated by the US in a continuing (and failing) bid to unseat Al-Assad, are the people displaced by the fighting.

What is happening to them, should not be happening at all, but to the US government, these folks are simply "collateral damage", with no real human value at all.

Dec 24 06:36

European Firms Stop Work On NS2 Pipeline As Gazprom Readies Own Ships 'Immune' To US Sanctions

Trump's signing the 2020 NDAA into law on Friday, and with it sanctions targeting European and Russian companies laying the Nord Stream 2 pipeline, had the immediate impact of forcing a work stoppage over the weekend as Allseas, the Swiss company that is Nord Stream’s main contractor, confirmed its workers as well as partner contractors have laid down their tools.

And Russia is now hitting back, first by promising Washington will not impede the project, and further with reports that Moscow is drawing up retaliatory sanctions against the US, while not citing specifics.

Majority stakehold Gazprom has indicated it's already taken measures to complete the project while circumventing the US measures. The WSJ continues:

Webmaster's Commentary: 

To a small child, everything it it sees, is a nail, just waiting to be hammered in.

So it is with Trump's sanctions, which will only have the effect of pushing Europe ever more deeply into Russia's economic embrace, and insuring that Europe doesn't really want to have anything more to do with the Unhinged; surveilled State of Amerika.

Dec 24 06:26

Buchanan: Today France, Tomorrow America?

Authored by Patrick Buchanan via Buchanan.org,

As that rail and subway strike continued to paralyze travel in Paris and across France into the third week, President Emmanuel Macron made a Christmas appeal to his dissatisfied countrymen:

“Strike action is justifiable and protected by the constitution, but I think there are moments in a nation’s life when it is good to observe a truce out of respect for families and family life.”

Macron’s appeal has gone largely unheeded.

“The public be damned!” seems to be the attitude of many of the workers who are tying up transit to protest Macron’s plan to reform a pension system that consumes 14% of GDP.

Macron wants to raise to 64 the age of eligibility for full retirement benefits. Not terribly high. And to set an example, he is surrendering his lifetime pension that is to begin when he becomes an ex-president.

Webmaster's Commentary: 

We have a companion piece to this on this Christmas Eve, also from Zero Hedge, titled as follows:

Half Of France's National Train System "Grinds To A Halt" As Labor Unions Strike On Christmas Week

Dec 23 09:59

NATO Secretary General Stoltenberg says alliance should seek better relations with Russia, signals willingness to meet with Putin

NATO should pursue dialogue and stronger relations with Moscow, Secretary General Jens Stoltenberg has said, declaring that he is open to meeting with the Russian president.
Stoltenberg told German news agency dpa that a summit with Putin is feasible if the “context is right.” He said that dialogue with Moscow was important, even though the alliance has a “difficult” relationship with Russia.

Russia is our biggest neighbor, Russia is here to stay and we need to strive for a better relationship with Russia.

NATO and Russia have been at odds with each other on a number of key security issues and conflicts. The alliance’s eastward expansion, as well as troop and hardware buildups along Russia’s border, have further strained trust and cooperation between the two world players.

Webmaster's Commentary: 

This feels both like an outreach to Russia, and a further "step away" from the US government's stance that no matter what it does, Russia always remains a villain of the highest order against both the US's and Western Europe's desired outcomes in world affairs.

Dec 23 09:08

Tesla Picks Pockets Of Chinese Banks As It Borrows Another $1.4 Billion

Tesla, which supposedly has lots of cash in the bank and tons of working capital (just ask David Einhorn), is tapping a group of Chinese banks for a relatively small $1.4 billion USD, five year loan, for the company's Shanghai plant. Part of the loan will be used to roll over an existing loan, according to Reuters.

Among the banks participating in the loan are China Construction Bank, Agricultural Bank of China, Industrial and Commercial Bank of China and Shanghai Pudong Development Bank.

Earlier this year the banks had offered Tesla an even smaller 12 month facility of 3.5 billion yuan (about $475 million USD) that comes due in March of 2020. The new loan will help Tesla roll over the previous debt and the rest will be used on Tesla's "China operations".

Webmaster's Commentary: 

This is a "gateway project" for the Chinese government, in hopes of encouraging other companies to manufacture their products in China; the Presidents of the banks which are collaborating in issuing this loan may be experiencing a bit of "Agita" right now, but will have to hold their noses until the loan is (hopefully) repaid in full.

Dec 23 08:55

Muilenburg Fired As Boeing CEO

In what was not entirely surprising, Boeing CEO Dennis Muilenburg has "resigned" and will be replaced by current Chairman David Calhoun.

CNBC's Phil LeBeau has a slightly different take:

"This was the decision of the board. .. He was fired."

The Board of Directors decided that a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders.

Under the Company's new leadership, Boeing will operate with a renewed commitment to full transparency, including effective and proactive communication with the FAA, other global regulators and its customers.

"On behalf of the entire Board of Directors, I am pleased that Dave has agreed to lead Boeing at this critical juncture," Mr. Kellner said. He added,

Webmaster's Commentary: 

Translation from Corporatese into English; Boeing is now going to be the "Poster Corporation" for Damage Control.

And yet, for the horrific problems with the 737 MAX, no one goes to jail?!?

Dec 23 07:05

THE KEY TO UNDERSTANDING THE DOLLAR CRISIS

Dec 23 06:33

America the Shrunken”

There are still some rich cities in America, and even some glitzy ones, but when we pull back the curtains and survey the entire stage, today we see a preponderance of decay. Detroit, Chicago, many California cities, much of Florida, and so many more with not only neighborhoods but entire counties and larger areas rotting from the inside. The great corporations are gone, the jobs are gone, the wealth is gone; only decaying skeletons remain to remind us of what once was. So much of America today is just junkyards, abandoned homes, lifeless slums, empty lots, rusting carcasses of factories, and homes full of despair.

Webmaster's Commentary: 

We live in a lovely, small community, where people know their neighbors, and smile, and say hello to them frequently.

But in our nearest "larger neighbor to the West", one sees boarded up businesses; young people, and sometimes kids, reaching out for some kind of hand out, just to keep body and soul together.

This is absolutely NOT the America I grew up to expect, at this point in the 21st century; At 70, I am very blessed to be working. But that so many people are having tough times all around us, is very disconcerting.

President Trump cannot be talking about a "great economy", when the real numbers say something else entirely different; this country is very close to losing what used to be the middle class, as the decently paying jobs are outsourced to Asia, or wherever else the labour is the cheapest.

People who used to be able to afford house payments, because of those former middle class jobs no longer can; they have been shoved into bone/brain crunching jobs at places where cheap labor is the norm.

And unless there is some remedy to these conditions, and soon, in this country, we may well see collective unhappiness morph into seething anger.

Where that anger will take this society, I cannot tell; but it is very close to happening soon.

Dec 23 05:10

'Tolerant' UAE revokes citizenship of dissidents' families: HRW

Human Rights Watch on Sunday accused the United Arab Emirates of taking punitive measures against relatives of dissidents, including revoking their citizenships and banning them from travel.

The government of the oil-rich Gulf state has revoked the citizenship of 19 relatives of two dissidents and at least 30 relatives of six dissidents are barred from leaving the country, the rights group said in a report.

"UAE authorities, in their determination to crush dissent, have allowed their state security apparatus to use its near-unchecked power to continually punish the families of activists, both detained and living abroad," said Michael Page, deputy Middle East and North Africa director at HRW.

"The authorities should cease these vindictive attacks, which amount to collective punishment," he added.

Webmaster's Commentary: 

It was rather ironic that when one googles Abu Dhabi, the capital of the UAE, one immediately gets a FLOOD of ads, touting it as a beautiful, incredible, place to vacation; unfortunately, with these moves against people who may think differently than their leadership, Abu Dhabi is a place which I will shun the rest of my life, as through it were Kryptonite, putting it right up there with Riyad, Saudi Arabia, as places I would not ever, ever visit this lifetime.

Dec 23 04:37

As Seoul loses faith in Trump’s approach on North Korea, China is poised to step in

As 2019 draws to a close, unease is growing in South Korea over US methods in dealing with North Korea, which has threatened a possible missile launch or nuclear test referred to by officials as a “Christmas surprise”.

Scepticism has deepened over Washington’s ultimate aims for the Korean peninsula, given the pressure on Seoul to buy more US arms and increase its share of costs to keep 28,500 American troops stationed in South Korea.

The South is already Washington’s fourth-biggest weapons market, spending US$6.23 billion between 2009 and 2018, and recently deployed a fleet of US F-35A stealth fighter jets, a move condemned by Pyongyang as a breach of last year’s inter-Korean summit agreement.

Webmaster's Commentary: 

President Trump's US foreign policy trajectory, may well have the world deeply concerned about the possibility of more missile, and nuclear missile manufacturing by North Korea.

The four party talks might be the only answer to a potential expansion of North Korea's offensive missile capabilities; it would be a wonderful moment, if President Xi can make this happen, and President Trump actually becomes a part of this process, although it will be a "hard sell" to his base, in this coming election year.

Dec 23 04:24

Sanctioned Muslim nations weigh trading with gold to bypass restrictions

Malaysian leader’s proposal at Islamic nations’ summit receives warm reception from Iran, Turkey and Qatar, who are currently facing a host of economic embargoes.

Iran, Turkey, Qatar and Malaysia are weighing trading among themselves in gold and other currencies in an effort to combat current and future sanctions imposed against them, Malaysian Prime Minister Mahathir Mohamad said on Saturday.

“I have suggested that we re-visit the idea of trading using the gold dinar and barter trade among us,” the Reuters news agency quoted Mohamad as saying at the conclusion of a summit in Malaysia for Islamic states. “We are seriously looking into this and we hope that we will be able to find a mechanism to put it into effect.”

Webmaster's Commentary: 

This is a reasonable response to US sanctions and embargoes.

What President Trump has done, with these issuances of trade restrictions, has been to:

1. Cause nations around the world to dump the dollar.
2. Move nations toward gold backed currencies
3. Pull nations away from the US orbit, and put them into the orbit of Russia and/or China. economically and and defensively.

Bravo, Mr. President, well done! - If in fact these reactions to your sanctions and embargoes were supposed to accomplish these outcomes.

IF not, Mr. President, you have managed to tick off some formerly friendly nations, and have risked putting our country into the jeopardy of more endless wars, which started out as trading disputes.

Dec 23 04:16

Russia's Gazprom to pay $2.9 billion in new Ukraine gas deal

The Russian energy giant has agreed to settle its long running dispute with Ukraine over transit fees. A new five-year Moscow-Kyiv gas deal will also reduce European concerns over the loss of access to Russian fuel.

Russia and Ukraine have agreed to continue to send gasoline through Ukraine to Europe for a further five years.

The new deal, outlined by Moscow and Kyiv on Saturday, eases concerns over whether Europe could lose access to a large portion of Russian gas, which the region depends on to fuel industry and heating.

Russia sends roughly 40% of its gas deliveries destined for Europe through Ukraine.

Webmaster's Commentary: 

It appears now, that both countries want responsible leadership to bury old hatchets, and go about taking care of their citizens; this is a very positive turn of events.

Dec 22 22:55

Nordstream Sanctions a Sad Coda to U.S. Foreign Policy

The U.S. crossed the Rubicon this week. And I’m not talking about the ridiculous impeachment of President Trump for doing his job.

I’m talking about passing the NDAA with provisions to sanction ‘from hell’ anyone associated with completion of the Nordstream 2 pipeline. The U.S. is now openly dismissive as a matter of law any ally or partner who engages in economic activity it disapproves of.

Dec 22 22:29

Diminished Combustion

It didn’t work last time – but this time is different.

Last time, the method deployed to get rid of cars – or at least, cars for us – was emissions standards. The plan was to lay down requirements so severe that cars couldn’t be made to comply with them.

Dec 22 11:06

40% of Families Have Delinquent Debt

Dec 22 10:54

The Disaster of Zimbabwe’s Price Controls

Dec 22 10:25

“America the Shrunken”

In May of 2014, Frank Bruni wrote an article for the NYT titled ‘America the Shrunken’, in which he detailed what he called “the downward arc of a diminished enterprise” that was the USA, quoting friends who claimed their children would live in a more impoverished America, that the reign was over and the slide was inevitable. The optimism and the arrogant swagger are mostly gone.

One American commenting on an article in the Wall Street Journal, wrote the following:

Dec 21 09:38

Sleeping dragon no more: China about to replace US as strongest naval power and Washington is too late to stop it

China might soon shift the world naval balance and unseat the US as the modern master of the seas. The process appears to already be under way, and there is little that Washington can do about stopping it.

Visibly shaken by what it has seen on a photo showing just one of China's military shipyards near Shanghai, the business magazine Forbes recently told its readers an alarming story about the "impressive rate" and "vast scale" of Chinese naval modernization.

Dec 21 09:26

NASA Predicts Next Solar Cycle will be Lowest in 200 Years (Dalton Minimum Levels) + the Implications

An approaching Grand Solar Minimum is gaining evermore support. Even NASA appears to be on-board, with their recent SC25 prediction — though, predictably, they stay clear of the implications.

NASA’s forecast for the next solar cycle (25) reveals it will be the weakest of the last 200 years.

Dec 21 09:09

Thousands of Liberians could gain pathway to U.S. citizenship under a bill Trump just signed

The 2020 National Defense Authorization Act includes a provision that could legalize the status of thousands of Liberian immigrants like Clark whose protections from deportation have or are set to expire.

Although estimated to cover a comparatively small population, the creation of the legalization program represents an improbable feat for immigrant advocates under the Trump administration, which has overseen a crackdown on both legal and unauthorized immigration.

Dec 21 09:05

House approves Trump's flagship US-Mexico-?anada trade deal, day after impeachment vote

This is a thinly disguised implementation of UN Agenda 21/30.

The US House of Representatives has given the green light to a trade deal between the US, Canada and Mexico that would replace NAFTA, known as the USMCA, passing the bill on to the Senate for another vote.

The sweeping trade deal was passed in the House on Thursday 385-41 and is set for a Senate vote sometime after the new year. If signed into law, the deal would establish new rules for commerce between the three countries, supplanting the longstanding North American Free Trade Agreement, or NAFTA. https://theamericanawakening.org/usmca-promoting-un-agenda-21-for-sust...

https://www.youtube.com/watch?v=mCNsLL9F8rg

http://iagenda21.com/wp-content/uploads/2018/12/USMCA-Redux-Reprint-1.pdf

Dec 21 08:56

More Than 9,300 Stores Closed Across US in 2019: Report

A report found that more than 9,300 stores have closed or are closing across the United States in 2019, including locations operated by Payless, Gymboree, Fred’s, Walgreens, Family Dollar, and many more.

Dec 21 04:44

THE REAL LESSON OF AFGHANISTAN IS THAT REGIME-CHANGE DOES NOT WORK

SOURCE: NICOLAS DAVIES VIA COUNTERPUNCH

The trove of U.S. “Lessons Learned” documents on Afghanistan published by the Washington Post portrays, in excruciating detail, the anatomy of a failed policy, scandalously hidden from the public for 18 years. The “Lessons Learned” papers, however, are based on the premise that the U.S. and its allies will keep intervening militarily in other countries, and that they must therefore learn the lessons of Afghanistan to avoid making the same mistakes in future military occupations.

Webmaster's Commentary: 

The only place here, where Davies misses the mark, is in not crediting the role the independent media has played, in working assiduously, to get the truth out there, for those who would actually take the time to read, and/or listen to it.

This nearly 20 year horrific and catastrophic failure, on the part of the US government, no matter who was in charge, caused many a person holding even a slightly unconventional view on this war, based on what facts emerged, to be branded as "an idiot", or worse.

Folks, the butt-ugly truth about Afghanistan is the following; the only guy who was able to conquer, and hold, this region through a series of dynastic alliances and marriages, was Alexander the Great; and that was only for a relatively short time.

Yes, the country sits over an embarrassment of riches, between the pipelines, and rare earth elements; but the Afghani people have got to have the opportunity to create a new country and a new society from within.

The sorry state of corruption in which the US has left this country, not to mention our ex-military who are dying with cancer, because their housing was occasionally placed right on top of chemical dumpsites, with zero thought to their safety, has to be remedied.

But instead of billions for war, the US government should be spending money on treating our Vets, and focusing on allowing Afghanis the opportunity to emerge as whole as possible, given a chance to educate their kids, and sleep in peace.

The bottom line here is, this was "unwinnable" from its very inception, and it is high time for Americans to come home, permanently.

Dec 20 11:28

HomeUSA NewsAll I want for Christmas is $23tn in debt: Rand Paul lays waste to reckless US spending in annual Festivus Report

Offering some relief from the impeachment spectacle grinding on in Washington, Senator Rand Paul has released his yearly Festivus Report, chronicling the outrageous – but sometimes comical – spending habits of the US government.
Whether it’s funding costly studies on the mating calls of Panamanian frogs, spending millions to improve the quality of television in Moldova or bankrolling Peru’s Green New Deal, Washington has found a number of creative ways to blow through tax dollars in 2019. In an epic “airing of grievances” inspired by the TV sitcom Seinfeld, Paul (R-KY) pulled no punches for the federal spendthrifts.

Webmaster's Commentary: 

Absoflippinglutely unbelievable, but all true!!

Dec 20 10:24

China Premier Warns Of Economic Turmoil In 2020, Continued Deceleration Means Global Rebound Unlikely

Bloomberg has compiled a list of long-time China watchers that are warning about an extended slowdown.

George Magnus, a research associate at Oxford University's China Centre and author of "Red Flags: Why Xi's China is in Jeopardy:"

In the spirit of self-criticism, I'd say my best call on the economy was an early spot of the huge demographic shift that kicked off in earnest in 2012, an abiding assertion that China's elevated growth rates could not be sustained, and anticipation of a financial crisis that turned up in 2015-16. Worst call was thinking that crisis might turn into a 'Minsky Moment' for China, as per 2007-08, and failing to integrate properly the tools the state has to prevent catastrophic failure.

Dec 20 09:53

Kalanick Set To Liquidate Entire Uber Stake After $2.5 Billion Dump

Uber's former chief executive Travis Kalanick has dumped 90% of his stock since the ride-hailing app's initial public offering in May. Most of the unloading came in the last two months, where Kalanick dumped $2.5 billion worth. The Financial Times says the "scale and pace of his share sales" has suggested that Kalanick is on track to liquidate his entire position in the coming weeks.

Kalanick has used the proceeds to fund a new project called CloudKitchens, a real estate development firm that leases space to restaurants serving food delivery apps. SEC filings show Kalanick sold $383m worth of Uber stock this week. His remaining position is now worth $250 million, expected to be dumped by as early as next week.

Since peaking in June, Uber shares have lost nearly 43% of its value, likely following Kalanick's lead as confidence in the company to make money is dim.

Dec 20 09:52

Retailpocalypse - A Record 9,300 Stores Closed Across US In 2019

Authored by Jack Phillips via The Epoch Times,

A report found that more than 9,300 stores have closed or are closing across the United States in 2019, including locations operated by Payless, Gymboree, Fred’s, Walgreens, Family Dollar, and many more.

According to a report (pdf) by Coresight Research, which released its year-end report on the closing stores, 5,844 stores closed in 2018. In 2019, 9,302 stores were reported to have been shut down or were going to be shut down, which is a 59 percent increase over 2018.

Webmaster's Commentary: 

I know that frequently, numbers like these, from heavily discounted retailers, are blamed on on-line shopping, but that is not the only cause for these closures; people just don't have any additional income to spend, period, end of discussion.

Dec 20 09:46

US Steel Shares Plunge, Dividend Slashed, Buybacks Halted, 1,500 Workers Cut Amid Deepening Manufacturing Recession 

President Trump told a crowd of steelworkers in Illinois in July 2018 that "After years of shutdowns and cutbacks today the blast furnace here in Granite City is blazing bright, workers are back on the job and we are once again pouring new American steel into the spine of our country."

While US Steel's Granite City might be operational for the time being, the steel producer has just announced it will shut down a "significant portion" of its Great Lakes Works facility, slash its dividend, terminate 80% of its share buyback program, and layoff 1,500 workers.

Great Lakes Works is expected to halt operations by April 2020. The mill rolls slabs into sheets of steel and has been battered by the manufacturing recession and trade war. The facility laid off 200 workers earlier this year, with another 1,500 in the near term, reported 247 Wall Street.

Webmaster's Commentary: 

And the lousy, butt-ugly reality of this situation is, these people have no where else to go to look for decently paying jobs, if there are any left.

And Mr. President, please; do not continue to tell the American people that the economy is doing well, when it is only doing well for people like yourself, who are flush with money and holdings, for whom the economy is doing well.

Dec 20 08:56

The trans ideology is a threat to womanhood

Heck! The Feminist Idiotology is a threat to women too.

On Saturday 2 November, a few dozen protesters gathered outside the Pan Pacific hotel in Vancouver chanting, ‘No TERFS, No KKK, No fascists’. One young white woman held a sign saying, ‘White feminism ain’t shit’. The equally as white woman next to her carried a guillotine made out of cardboard, with the words, ‘Step right up, TERFs’, written on it. The brave young soul wore a ski mask to protect her from accountability. Those under threat, of course, do not share the same privilege.

Dec 20 08:52

Elderly In Japan Are Wearing Exoskeletons To Continue Working Into Old Age

I need me one of these,especially for my knees.

(TMU) — While powered exoskeletons may seem like something out of the movies—think Alien, Avatar, Elysium, and how could we forget Iron Man—the concept has increasingly found favor in various applications, ranging from the battlefield to the assembly line and even to restore function to paralyzed people’s body.

But now, elderly citizens in Japan are preparing to potentially step into powered exoskeletons so that they can continue laboring into their old age and stall retirement for as long as possible, New Scientist reports.

Dec 20 08:46

Dems shocked to find their lives still suck after Trump impeachment

Many Democrats are flying high today after the culmination of more than three years’ of partisan work and straw-grasping ended in the House of Representatives voting to impeach President Donald Trump.

But some are coming back down to earth as they realize that the impeachment doesn’t mean that Trump has been removed from office, that it will likely get canceled when it goes for a vote in the Senate, and they’re still hopeless losers.

Dec 20 08:41

The Worst Global Depression Is Nigh

Dec 20 08:40

Russia has become world's NUMBER 1 exporter of wheat & other agriculture – Putin

Russia’s agriculture sector is booming and the country has surpassed the US and Canada to become the world's top wheat exporter, Russian President Vladimir Putin announced during his annual year-end press conference.

Dec 20 08:19

The Afghanistan Fiasco and the Decline and Fall of the American Military

A devastating investigative report was published in the Washington Post on December 9th. Dubbed the “Afghanistan Papers” in a nod to the Vietnam War’s famous “Pentagon Papers,” the report relied on thousands of documents to similarly expose how the US government at the presidential level across three administrations, acting in collaboration with the military brass and civilian bureaucracy, deliberately and systematically lied repeatedly to the public and media about the situation in Afghanistan.

The story should have been featured all across the US as Afghanistan continues to kill Americans and much larger numbers of Afghans while also draining billions of dollars from the United States Treasury, but the mainstream media was largely unresponsive, preferring to cover the impeachment saga.

Dec 19 18:03

House of Representatives Passes USMCA Integration Scheme

On Thursday, December 19, 2019, by a vote of 385 Yeas to 41 Nays, the House of Representatives overwhelmingly passed the United States-Mexico-Canada Agreement Implementation Act (H.R. 5430) to approve and implement the USMCA regional integration scheme.

Of those who voted against the sovereignty-crushing regional merger scheme, Representative Justin Amash (I-Mich.) tweeted earlier on Thursday:

Dec 19 16:22

The 20 Best-Performing Stocks of the Decade

Dec 19 14:47

Global stocks vs global QE

Dec 19 12:58

Italian Bonds Tumble On Fears Another Government Collapse Is Imminent

For years, reformers have been pushing for changes to the Italian government structure that would, among other changes, reduce the number of seats held by lawmakers. Back in October, Giuseppe Conte's coalition government voted in favor of a plan to reduce the number of lower house members from 630 to 400, and the number of senators from 315 to 200.

Throughout modern political history, examples of legislative bodies voluntarily accepting reforms that would knowingly curtail the powers and privileges of its members are few and far between, and Italy is no exception. Not long after the vote, a group of mostly opposition members tried to crash the government and hold a new snap election to save their seats. I mean, what other choice did they have? They're politicians...do you really expect them to go out and get a real job?

Of course not.

Dec 19 12:30

Apple and Google named in US lawsuit over Congolese child cobalt mining deaths

A landmark legal case has been launched against the world’s largest tech companies by Congolese families who say their children were killed or maimed while mining for cobalt used to power smartphones, laptops and electric cars, the Guardian can reveal.

Apple, Google, Dell, Microsoft and Tesla have been named as defendants in a lawsuit filed in Washington DC by human rights firm International Rights Advocates on behalf of 14 parents and children from the Democratic Republic of the Congo (DRC). The lawsuit accuses the companies of aiding and abetting in the death and serious injury of children who they claim were working in cobalt mines in their supply chain.

The families and injured children are seeking damages for forced labour and further compensation for unjust enrichment, negligent supervision and intentional infliction of emotional distress.

Dec 19 11:12

AFGHANISTAN WAR – THE CRIME OF THE CENTURY

Congress and especially Congressional leadership of both parties are all as guilty as the three lying Administrations. They were part of the big lie, falsely presenting to the American people as “expert” witnesses only those bought-and-paid-for Beltway neocon think tankers.

What is even more shocking than the release of this “smoking gun” evidence that the US government wasted two trillion dollars and killed more than three thousand Americans and more than 150,000 Afghans while lying through its teeth about the war is that you could hear a pin drop in the mainstream media about it. Aside from the initial publication in the Washington Post, which has itself been a major cheerleader for the war in Afghanistan, the mainstream media has shown literally no interest in what should be the story of the century.

Dec 19 11:08

SAUDI OIL ATTACK AND CHOREOGRAPHED PROTESTS IN IRAN-ALIGNED COUNTRIES:

In order to bring home the significance of the Persian Gulf’s oil in the energy-starved industrialized world, here are a few stats from the OPEC data: Saudi Arabia has the world’s largest proven crude oil reserves of 265 billion barrels and its daily oil production is 10 million barrels; Iran and Iraq each has 150 billion barrels reserves and has the capacity to produce 5 million barrels per day each; while UAE and Kuwait each has 100 billion barrels reserves and produces 3 million barrels per day each; thus, all the littoral states of the Persian Gulf, together, hold 788 billion barrels, more than half of world’s 1477 billion barrels proven oil reserves.

Webmaster's Commentary: 

The government of Iran may be many things; stupid, however, is not one of them.

They understand that anything which even looks like some kind of attack against American/Israeli assets in the region, would be followed by a counterattack which would turn Tehran into molten glass.

This is also why, when any kind of attack happens in the Middle East or beyond, against American/Israeli assets (and I wouldn't bet against this, right now), you will know for certain, that Iran had no part in it.

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