ECONOMY | WHAT REALLY HAPPENED

ECONOMY

May 21 17:11

“Smart” Meters Halted by Regulators in Indiana

By Warren Woodward

This is what it's like to have real utility regulation.

Duke Energy wanted to raise rates in Indiana in order to install $1.9 billion worth of “smart” meters and related paraphernalia. The Indiana Utility Regulatory Commission denied Duke Energy saying...

May 21 15:03

Clashes, tires on fire outside Ukrainian parliament in Kiev

Clashes are reported in central Kiev where crowds of protesters are rallying against the economic crisis and the soaring cost of private loans. Local media say several people have tried to break into the Ukrainian parliament.

May 21 14:52

U.S. Magistrate Michael Merz in Hot Seat for Ignoring RICO Portions of SLORP BoA Fraudulent Foreclosure Appellate Decision.

Thursday, May 21, 2015
KingCast and Mortgage Movies See Magistrate Merz in Dereliction of Duty in Busby Foreclosure Case by Ignoring Binding Case Law of Slorp v. Lerner, BoA & MERS.

May 21 14:35

Greek health workers, journalists, pensioners strike against austerity

Thousands of doctors, nurses and ambulance staff from Greece’s state-run hospitals and health centres began a 24-hour strike Wednesday.

The Federation of Public Hospital Employees (POEDIN) called the strike to protest the gutting of health care since the onset of mass austerity in 2010. Among the demands of the workers are the employment of more staff and the payment of unpaid wages. POEDIN said Greece’s national health service was “out of control due to underfunding and understaffing.”

May 21 14:29

If Trade Is War, It’s Time We Fought Back

The fact that trade deals are negotiated behind closed doors speaks volumes. The draft of the TPP is so secret that one trade expert, Michael Wessel, who was privy to the details, wrote that “anyone who has read the text of the agreement could be jailed for disclosing its contents.” He does admit, however, that “[w]e should be very concerned about what’s hidden in this trade deal—and particularly how the Obama administration is keeping information secret even from those of us who are supposed to provide advice.”

May 21 14:17

World Renowned Trend Forecaster Gerald Celente: “America Is A Collapsing Third World Country”

The government of the USA obviously sees the writing on the wall. They know the system will soon come unhinged. And that’s why Celente makes it clear that those who want to thrive while everything around them falls apart need to be focusing on physical asset acquisition. And while some investors out there are focusing on how to make money on their next trade, Celente says forget about short-term trading, and focus instead on value and long-term investments.

May 21 14:10

Does George Soros Control the Obama White House?

Five major banks agreed to plead guilty to criminal charges brought by the U.S. Department of Justice for manipulating the exchange rates of U.S. dollars and euros. The banks were Citicorp, J.P. Morgan Chase, Barclays, Bank of America, and the Royal Bank of Scotland. A sixth bank, UBS Group, agreed to plead guilty to manipulating interest rates after the Justice Department granted it immunity on the exchange rate criminal charges. The banks will pay an estimated $5.8 billion in fines to the United States. However, only corporations were charged criminally. Not one individual banking executive was indicted in the currency manipulation scam.

May 21 12:14

China's Secret Gold Accumulator Strategy

May 21 11:20

PENTAGON SHAM: DEFENSE DEPT ALTERED BOOKS IN LONG-AWAITED AUDIT, REPORTS CLAIM

PENTAGON SHAM: DEFENSE DEPT ALTERED BOOKS IN LONG-AWAITED AUDIT, REPORTS CLAIM
The US Defense Department’s watchdog knowingly turned a blind eye to financial irregularities, leading to the Pentagon signing off on an audit. This has led to questions regarding just how transparent the government auditing process actually is. A special investigation by Reuters revealed that a senior member of the Department of Defense’s (DoD) Inspector General team had colluded with an independent auditing company, Grant Thornton LLP, to falsely keep the US Marine Corps books clean. The DoD remained the only federal organization that had not abided with a 1992 law passed by Congress to undergo an audit. This was despite the DoD receiving in excess of $500 billion a year, which is by far the largest appropriation of any department.

May 21 10:59

Obama's miserable jobless economy…

May 21 10:56

Fight for Your Freedom Before Its Gone

Negative interest rates will only work if the people cannot remove their funds in the form of cash. Once cash is removed from the system then “money” is captured within the banking system and they can charge whatever negative interest rates, service charges and fees that they desire. The only thing that will hold them back at all is competition within the banking community and that is disappearing fast with all the mergers and mega-banks.

May 21 10:30

OUR SOCIAL DEPRESSION

This erosion of opportunities to complete life’s stages and core dramas is rarely recognized, much less addressed. The consequences of economic stagnation are not limited to finance: stagnation is causing a social depression. We can best understand this social depression by examining how the natural stages of human life are being disrupted.

May 21 09:46

Someone is lying

May 21 09:46

U.S. and Israel have worst inequality in the developed world

The U.S. and Israel have the worst inequality in the developed world, according to a report from the Organisation for Economic Co-operation and Development.

The OECD found that the gap between rich and poor is at record levels in most of its 34 member countries. But the U.S. and Israel stood out from the pack.

Webmaster's Commentary: 

This nation is the United States of America. I would prefer it remain the United States of America and not be transformed into Eastisrael!

May 21 09:34

JPMorgan’s Jamie Dimon Deals With His Bank’s Felony Charge – Badly

Against this backdrop of a serial crime spree on the part of employees on multiple continents and coast to coast in the United States, JPMorgan released a statement yesterday regarding the bank pleading guilty to a felony charge for engaging in the rigging of foreign currency trading, calling it “principally attributable to a single trader.” In the statement, Dimon says the bank has a “historically strong culture.”

Dimon is, if nothing else, a master of the grand illusion.

Webmaster's Commentary: 

No, he is not a master, because we all see that it is an illusion!

May 21 09:31

This is how people will lose everything

Bill wants readers of SGT Report to understand that “the stock market(s) are merely a side show to the grand Big Top circus of the credit markets because the credit (bond) markets are so much larger than the equity markets.” And Bill says when the credit markets implode – EVERYTHING will implode.

May 21 09:26

GM SAYS YOU DON'T OWN YOUR CAR, YOU JUST LICENSE IT

GM has joined with John Deere in asking the government to confirm that you literally cannot own your car because of the software in its engine. Like Deere, GM wants to stop the Copyright Office from granting an exemption to the Digital Millennium Copyright Act that would allow you to jailbreak the code in your car's engine so that you can take it to a non-GM mechanic for service, or fix it yourself. By controlling who can service your car, GM can force you to buy only official, expensive parts, protecting its bottom line.

May 21 09:14

WORLD TRADE ORGANIZATION OVERRULES U.S. COUNTRY-OF-ORIGIN RULES FOR MEAT PRODUCTS

U.S. government attempts to inform consumers about the origins of the beef and pork they purchase in stores have been undermined by the World Trade Organization (WTO). Siding with officials from Canada and Mexico, the WTO ruled that American regulations that require the meat industry to use country of origin labels (COOL) represent a violation of the North American Free Trade Agreement (NAFTA). COOLs are intended to tell shoppers in which country the meat they buy was born, raised and slaughtered. In addition to letting consumers know if the meat was produced locally, they gave regulators a way to begin tracing the meat in case of a problem with it.

May 21 09:12

Latest Guilty Pleas Prove Big Bank Criminality 'Rampant,' But Jail Time Non-Existent

In the wake of Wednesday’s announcement that five global financial institutions have agreed to plead guilty to multiple crimes and pay about $5.6 billion in penalties for manipulating foreign currencies and interest rates, corporate watchdogs are reiterating the call to ‘break up the banks’ in light of their ongoing malfeasance.

May 21 09:08

The Next Step in the Global Meltdown

Europe will lead the world into Economic Totalitarianism because government is now desperate to retain the euro. If the euro collapses, so will Brussels. The government exists solely because of the euro.

May 21 09:07

When Hollywood Sold America on Evil: Stunning PBS Frontline Doc Reveals the Depths of CIA Propaganda

In recent days, there’s been quite a bit of discussion about the 2011 raid in Abottabad, Pakistan, that killed Osama bin laden, based upon reporting by Seymour Hersh in the London Review of Books. His story has been greeted with tremendous skepticism by the political establishment and the mainstream press, as were all of his stories going back the My Lai massacre and his early exposés of the CIA’s spying for years on American citizens back in the 1970s.

May 21 06:15

Iconic Toy Store to Close July 15

FAO Schwarz (a Toys’R’Us owned store) is set to close it’s doors in NYC on July 15 due to rising rental costs for the store front.

May 21 02:00

Housing Recovery - Real Or Memorex

May 20 20:04

George Soros, NATO, US Color Revolution Machine Behind Unrest in Macedonia

By Brandon Turbeville

With tensions heating up between the United States and Russia over a number of issues - Ukraine, BRICS, sanctions, and NATO encirclement to name a few - the West continues its move in toward Russia's borders. The latest target in the Anglo-American destabilization campaign has now come forward - Macedonia.

In the attempt to destroy the elected government of Macedonia, George Soros, NATO, and the Western Color Revolution apparatus have all come together to ensure that the will of the Macedonian people is denied as is the will of populations in all Western-style democracies.

As informed observers might well suspect, any color revolution taking place in Eastern Europe will involve the heavy hand of George Soros...

May 20 17:48

Wall Street reacts to Fed's April minutes

The minutes of The Federal Reserve's April policy-setting meeting showed that doubts about the strength of the US economy grew.

Even before the minutes were released, markets had come to expect that a rate rise in June looked doubtful, on the back of recent lacklustre economic data.

Here's what economists took away from the latest Fed minutes.

May 20 17:16

Look Homeward, Hegemon Part 1: Cold War 2.0 Abroad, Cold Civil War Between the U.S. Government and Its People At Home

To summarize the domestic and international situation — not only is the U.S. government waging a new Cold War abroad with Russia and China, but there’s abundant evidence it’s also entering a ‘cold war’ with large parts of the American population. As during the first Cold War, with the rise of what President Dwight Eisenhower called ‘the military industrial complex’,27 the external ‘Cold War 2.0’ is supplementing the post-9/11 ‘War on Terror’ as a driver of enhanced government power at home. Consider:

1) The U.S. is in a second Cold War with Russia and China it initiated in Syria, Ukraine and now with the ‘pivot to Asia’, in order to defend the dollar’s world reserve currency status.......

May 20 16:17

Your Retirement Funds are in Grave Danger

May 20 16:00

It Begins: Ukraine Takes First Real Steps To Default

The Ukrainian government is on the brink of declaring default. It has proposed a bill allowing the government to impose a “moratorium” on payment of the country’s external debts.

May 20 15:45

Materialism, market fundamentalism and the global suicide epidemic

Graham Peebles argues that the materialistic values which promote individual success, greed and selfishness, and the market fundamentalism which so ardently promotes these values, lie behind the worldwide epidemic of suicide.

May 20 15:14

Egg Prices Soar Due to Bird Flu

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