ECONOMY | WHAT REALLY HAPPENED


ECONOMY

May 04 14:14

Techno-Financial Capital and Genocide of the Poorest of the Poor

It is no coincidence that the most violent assaults and invasions by the Euro-American powers have taken place against the poorest countries in each region of the world. In the Western hemisphere, the Euro-US regimes have repeatedly invaded the absolutely poorest country, Haiti, overthrowing the popularly elected Aristide government, decimating the population via a cholera epidemic spread by UN mercenary ‘peace-keepers’, killing tens of thousands of poor Haitians and rounding up thousands of protestors. The occupation continues. Honduras, the second poorest country in the region, experienced a US-backed coup d’état deposed their recently elected president and imposed a terrorist puppet regime, which regularly assassinates dissidents and landless rural workers. Peasants are dispossessed; the economy and society are in shambles with tens of thousands of Hondurans (especially children) fleeing the violence.

May 04 13:18

FLASHBACK 2013 - Hungary Sheds Bankers’ Shackles

Hungary is making history of the first order.

Not since the 1930s in Germany has a major European country dared to escape from the clutches of the Rothschild-controlled international banking cartels. This is stupendous news that should encourage nationalist patriots worldwide to increase the fight for freedom from financial tyranny.

Already in 2011, Hungarian Prime Minister Viktor Orbán promised to serve justice on his socialist predecessors, who sold the nation’s people into unending debt slavery under the lash of the International Monetary Fund (IMF) and the terrorist state of Israel. Those earlier administrations were riddled with Israelis in high places, to the fury of the masses, who finally elected Orbán’s Fidesz party in response.

Webmaster's Commentary: 

I assume Hungary is now on the US Government's Special High Interest Targets list!

May 04 12:33

Blow your savings and live forever in the new Atlantic City

There was a time, believe it or not, when Atlantic City was considered the healthiest place in America. The town founder, Jonathan Pitney, was a country doctor and failed politician who, in 1850, decided to turn the southern New Jersey coast into a “city by the sea,” extolling the restorative properties of the sea air and saltwater. For decades—before the afflictions of Prohibition and organized crime, and long before the arrival of urban blight, Donald Trump, Don King, and fiscal despair—physicians from as far west as Chicago sent invalids and convalescents for recuperation. In an 1881 health-oriented publication, alongside ads for liver powder, hypophosphites syrup, and “fluid beef,” one doctor claimed the Atlantic City air could even cure malaria.

Now, more than a century later, there’s a modern-day heir to Dr. Pitney, with a Trump-like plan. And it all starts with making Atlantic City good for your health again.

May 04 10:34

‘CRITICAL ALERT': JEFF SESSIONS WARNS AMERICA AGAINST POTENTIALLY DISASTROUS OBAMA TRADE DEAL

Senator Jeff Sessions is sounding the alarm to his colleagues Senate-wide, warning them and the American public with a “critical alert” published Sunday evening that voting for the Trade Promotion Authority (TPA) deal that would set up the Trans-Pacific Partnership (TPP) trade deal with Asian countries is fraught with problems and concerns.

Webmaster's Commentary: 

Rest assured that any trade deal President Obama is conjuring behind closed doors is NOT in the interests of We the People, but for Those the Corporations with continue to financially enable their agenda through him.

At the end of the day, Obama is no less a corporate tool than was his predecessor.

May 04 09:58

Russia is creating a $100 billion rival to the IMF

Russian President Vladimir Putin ratified an accord Saturday to set up a $100 billion reserve fund for the so-called BRICS — the leading emerging economies Russia, China, Brazil, India, and South Africa.

Moscow is expected to contribute $18 billion to the reserve, well behind the $41 billion China has promised to pour into the fund, which was set up after an agreement signed in July in Brazil.

The emerging economies also plan to form their own international bank based in Shanghai to challenge western dominance over international money markets.

Webmaster's Commentary: 

This is going to further undermine the dominance of the US dollar as the world's reserve currency.

May 04 09:48

Hedgeye's Fed Day Analysis

May 04 09:32

Greek Default to Trigger Global Meltdown

May 04 09:16

Hitching A Ride On The World's Biggest Cargo Ship

It sits 240 feet high, roughly the same as a 20-story building. It's 1,300 feet long, or a quarter of a mile, and 200 feet wide. It can hold more than 18,000 of the standard 20-foot containers — about double what many other megaships can carry. If you put each container end to end, the line would stretch for about 70 miles.

Webmaster's Commentary: 

And no US port can accommodate it.

May 04 09:13

Awaken slaves! - How The Private Central Bank Ponzi Scheme Trapped And Destroyed America

Starting in 1913, public schools stopped teaching about King George's Currency Act, which ordered the American colonies to conduct business only using bank notes borrowed at interest from the Bank of England, and since then American students are taught that the revolution was about Tea Parties and Stamp Acts, lest the more clever students wonder how we ended up back in the same banking system that led to the first revolution.

The Founding Fathers understood how dangerous such banking systems are, and I will try to teach you here what the public schools are forbidden to let you know. The Federal Reserve system is a deliberate trap, to enslave a population to unpayable debt in order to control and exploit them, and here is how it works.

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May 04 09:12

ENDANGERED SPECIES: THE SELF-EMPLOYED MIDDLE CLASS

Being self-employed (i.e. owning your own small business that does not require employees) is an integral part of the American Dream. Many start out dreaming of a corner office in Corporate America, but as they move up the ladder, many become disillusioned by the process and the goal: do I really want to spend my life making big-shots even wealthier?

May 04 09:08

Bill Gross: "This Is All Ending"

“When does our credit based financial system sputter / break down? When investable assets pose too much risk for too little return. Not immediately, but at the margin, credit and stocks begin to be exchanged for figurative and sometimes literal money in a mattress.” We are approaching that point now as bond yields, credit spreads and stock prices have brought financial wealth forward to the point of exhaustion.

May 04 08:47

Italy's Giant Oil Firm Eni Eager to Return to Iran's Lucrative Market

A visiting Eni delegation made the announcement in a meeting with Iranian Oil Minister Bijan Namdar Zanganeh in Tehran on Monday.

The delegation members said that the Italian group will be profoundly keen on returning to Iran once the western sanctions are lifted, adding that they are specially interested in production-sharing contracts.

Webmaster's Commentary: 

In other words, the rest of the world is already dropping the US sanctions against Iran.

May 04 08:16

The cash crisis begins as Chase to start charging 1% fee on bank deposits starting May 1

As we predicted, the cash crisis in America is beginning, and the occasion has been marked by a recent announcement from one of the country's largest banks. Beginning May 1, JPMorgan Chase will begin charging certain (wealthy) depositors for the "right" to keep their money in JPMorgan Chase banks.

As noted by GovtSlaves.info, the bank sent some of its larger depositors a letter that said it would charge them a "balance sheet utilization fee" of 1 percent annually on deposits in excess of the money they require for operations. In other words, that amounts to a negative interest rate on many of those deposits.

Webmaster's Commentary: 

It does not matter when euphemism is used, we have reached the stage where the banks are dipping into their customers' savings to stay afloat!

May 04 07:54

French Unemployment At New Record Highs: Whom Do They Blame?

In November, French president Francois Hollande announced he had met his electoral pledge to halt the rise in joblessness by the end of 2013.

No one with any economic sense believed it.

Today in the face of a new record high unemployment rate, Hollande says unemployment has "stabilised".

May 04 07:39

Colorado's biggest little traffic ticket farm

Just a few miles north of the Oklahoma border sits Officer Brad Viner, the Town of Campo's sole police officer who helps rake in more than 90 percent of the town's revenue.

"Yes, Campo thrives on tickets," officer Viner said with a chuckle during an interview with 9Wants to Know. "Basically, the police department pays for the town."

Campo tops the list of towns across the state that rely the most on traffic and court fee revenues, according to an extensive analysis of 270 town budgets by 9NEWS and Rocky Mountain PBS.

May 04 07:06

The Twitter IPO Paradigm

May 04 06:30

Would You Tip More if People Could See It?

Are customers less likely to leave small tips, or no tip, if those around them can tell?

May 04 01:13

Greek pensioners start bank runs after payments delayed

Panic descended in Athens on Thursday as Greece’s 2 million pensioners were hit with delays to their monthly state stipend. Pensioners raided their accounts and broke into a board meeting, according to reports.

May 03 15:44

Big Banks Profit While Main Street Suffers

By Antonius Aquinas

If anyone doubts that the Western world’s monetary order is rigged to enrich the banking system, the first quarter financial reports of America’s top banks should disabuse any unbelievers...

May 03 14:39

Trans Pacific Trickle-Down Economics

May 03 11:47

New World Order

This website,Whatreallyhappened is mentioned and linked as a good source of truth.
Great article and links for newbies and alternative news vets alike!

The New World Order is upon us. As amazing as it may seem, we are living in the Last Days. The world is quickly uniting into a One World government, economy, religion and cashless society; under the control of The Council On Foreign Relations (CFR), the United Nations (UN), The International Monetary Fund (IMF), World Bank, Bilderberg Group and the Trilateral Commission. All of these visible organizations are the vehicles by which the Illuminati control the world.

Here is an excellent explanation from eye-opening author Henry Makow concerning who the Illuminati are . . .

May 03 11:36

30 Concept Cars That Never Made It.

Only a handful of all car designs actually become cars, and of those, only a very few become the popular cars we know of today. But, going back to the drawing board, there are some very interesting designs that never quite made it to production, among them some really beautiful, creative and imaginative designs.

May 03 11:34

Secret History of the Credit Card

In “Secret History of the Credit Card,” FRONTLINE® and The New York Times join forces to investigate an industry few Americans fully understand. In this one-hour report, correspondent Lowell Bergman uncovers the techniques used by the industry to earn record profits and get consumers to take on more debt.

May 03 11:00

Politics, Financial Fraud and the “Big Three” Credit Ratings Agencies

The “Big Three” Credit rating Agencies Moody’s, Standard & Poor’s and Fitch Ratings are a powerful monopoly and a very influential actor in the World of finance. Since 1975, these same rating agencies gained power with assistance from the U.S. government, with the Securities and Exchange Commission (SEC) at the forefront and private firms who together wrote the rules so that these credit agencies can have a greater role in the financial markets for investment opportunities such as pension funds for example, that can only invest in an “investment grade” securities provided by the “Big Three.”

May 03 10:00

Russia ratifies $100 bn BRICS fund to rival IMF

May 03 09:54

Planning Chaos in the Middle East: Destruction of Societies for Foreign Money Control

If one wonders how a desert-crawling line of Japanese open-back trucks gifted by the US filled with countless irregular fighters in plain view could ever have ever made it overnight to the point where Western military and political leaders are saying “the war against ISIL may be interminable”, one begins to see through the game. ISIL is a construction financed and trained by covert US and oil-king allies that ruins every place it enters, like Syria once the regime began to win the civil war. Al-Nusra/Al Qaeda was not enough. ISIL is a step up in the US-led control of the Middle East by terror, chaos and social devastation. “The Salvador option” was the first name for the post-war death squads in Iraq, but “Islamic State” stirs much more apocalyptic passions pro and con. Best of all, the ruling foreign war machines of the US, Israel, Saudi Arabia and NATO are now far better justified to “fight the barbaric terrorists”. Saudi Arabia with US support is now even projecting the “terrorist” and sectarian “Shiite” labels on the popular uprising of the poor in Yemen against a corrupt US-Saudi puppet government. One object alone is achieved. Peoples and resources of the region can be predated without sovereign social defences or unity of collective life purpose, the ultimate target of every US-led aggression. As long as all evils can be blamed on an ever-shifting Enemy, there is no overcoming recognition.

May 03 09:32

Nine top Brazil executives leave jail for home detention

Nine top Brazilian executives from major construction and engineering corporations have left jail for home confinement as investigation continues into their alleged roles in a bribery scandal involving the country’s state-owned oil giant Petrobras.

May 03 09:18

Free Market Economics Spreading In China

May 03 08:11

Greece Is Going to Go Bankrupt: Patterson

May 03 07:17

America’s Control Over the World Is Rapidly Eroding

The U.S. government has angered many countries because of their long history of highly aggressive military actions, but there seems to be no plan of stopping. It would be smart to listen to the other countries and simmer down in the military department before it is too late. It’s no secret that the U.S. is most certainly not the most loved country in the world because of its government’s long history of highly aggressive military actions, as well as its interference in the internal affairs of countless nations. But what we are seeing today is that an increasing number of nations are turning against the U.S. and taking various actions to rid themselves of its presence and influence.

May 03 07:04

Government Confirms Increased Earthquake Activity Related To Fracking

The US Geological Survey recently released findings that show, as many people have suspected, that the process known as fracking is directly related to the incredible increase of earthquake incidence in the United States. According to the study, the amount of earthquakes has increased dramatically over the past few years; between 1973 and 2008 there was an average of 21 earthquakes of a magnitude 3 and larger on the Richter scale in the Central and Eastern United States. This increased to an alarming rate of 99M3+ earthquakes per year between 2009 and 2013, and this rate is continuing to rise.

May 03 07:03

Australia First to Introduce a Compulsory Tax on Money Itself

The reason I moved the Solution Conference forward was due to the fact that all my sources behind the curtain were screaming from the four corners of the world that the new age of Economic Totalitarianism is upon us all. Australia will be the first to introduce a compulsory tax on savings. This is the ultimate Marxist state for now anyone with spare cash is the enemy of the Conservative Tony Abbott government. What I laid out at the Solution Conference is the ONLY way out of this nightmare. It is time for people to start spreading the word and get behind changing the game plan while we still have a game in play. We have to stop this confiscation of all wealth and the continual borrowing and taxation. This will lead to the total destruction of Western culture for we are plagued by power hungry insane politicians who cannot see past their nose.

May 03 06:37

WHAT IS YOUR HEALTH INSURANCE INFLATION?

May 02 18:57

Trans Pacific Trickle-Down Economics

Have we learned nothing from thirty years of failed trickle-down economics?

By now we should know that when big corporations, Wall Street, and the wealthy get special goodies, the rest of us get shafted.

The Reagan and George W. Bush tax cuts of 1981, 2001, and 2003, respectively, were sold to America as ways to boost the economy and create jobs.

May 02 17:22

Santelli And Bidderman Discuss Capitol Flows

May 02 17:18

JAMIE DIMON’S LUNCH TAB

May 02 15:49

Sanders calls minimum wage a 'starvation wage'

May 02 15:17

Tesla's Powerwall Opens a World of Possibilities

By Brian Berletic

The Net is abuzz with Tesla's latest announcement, the Powerwall. The Powerwall is a battery system for the home meant to interface with solar panels, allowing for people to reduce their dependency on traditional power grids, or eliminate their dependency on them altogether...

May 02 14:09

Iowa bird flu outbreak prompts governor to declare state of emergency

Iowa governor Terry Branstad declared a state of emergency on Friday due to a rapidly expanding avian flu outbreak, soon after state agriculture officials announced four new poultry farms had initially tested positive for the virus. Iowa, the top egg-producing state in the United States, is the third state to declare a state of emergency because of the viral outbreak, which either has led or will lead to the extermination of up to 21m chickens and turkeys nationwide.

May 02 13:44

The Real Length of the Full-Time Work Week

A Gallup survey last summer found that the average for full-time employees was actually 47 hours — or 46 if you isolate those workers with just one job.

May 02 11:50

The Collapse Is Closer: Ron Paul

May 02 11:13

First Amendment Skirmish with Former Federal Magistrate Monica Benton in Pooley v. Quality Loan Lost Note Foreclosure Case.

Friday, May 1, 2015

KingCast, Mortgage Movies, Malcolm X and Martin Luther King See Judge Monica Benton Uphold the First Amendment in Lost Note Case of Pooley v. Quality Loan Servicing Corporation & McCarthy Holthus.

I'm going to get to the specifics and substance of the case soon, and it involves a purportedly lost Note with a date uncertain for when an indorsement was issued on it, but for now you need to know that my First Amendment Rights as a Citizen, as a Journalist, and as a Citizen Journalist were somewhat imperiled today when I was called back into Honorable Monica Benton's Judicial Chambers where the following colloquy ensued:

"What are your credentials?"

May 02 11:03

Chart Of The Day: Biotech Bubble Is Cracking

May 02 10:35

The death of the 40-hour workweek

May 02 10:31

St. Louis vs New Orleans vs Detroit vs Baltimore Urban Decay

The Internet Post video post in 2014

May 02 09:42

LA man builds a mini house for homeless woman who sleeps on his block because 'everyone should have a right to shelter'

Elvis Summers became accustomed to letting the homeless woman on his block, 'Smokie,' go through his recycling.

She would stop by his Los Angeles apartment often and the two would talk.

Summers - who runs a company that supplies dancers for parties - said he wished he could further help out Smokie, a mother who is 60-years-old and sleeps in a patch of dirt.

That's when he heard of a a man in Oakland who had built miniature houses out of discarded materials - Summers and decided he could do the same for Smokie.

May 02 09:20

How Air Canada broke the law, laid off thousands of workers, and outsourced operations to Israeli military drone maker

Air Canada had a very simple plan to increase its profits.

Step 1: Spin the airline’s heavy maintenance unit off as a separate entity
Step 2: Starve the spin-off of work and bankrupt it gradually
Step 3: Outsource the operations to an Israeli military drone manufacturing company wholly owned by the government of Israel.

May 02 08:24

Banks head for emerging-market exit:

May 02 08:11

Populism2015: Construction Crew for Democracy

American government increasingly bent to the whims and desires of the wealthy is emerging as a populist issue among pro-democracy citizens who favor the old idea of government for the people,

May 02 08:10

Assange: More leaks to come

WikiLeaks is planning new releases of secret documents on controversial negotiations and intelligence agency operations, according to the anti-secrecy organisation's Australian founder, Julian Assange.

In an interview with Fairfax Media, Mr Assange said that while he does not expect to leave Ecuador's London embassy any time soon, WikiLeaks very much remains in the business of publishing the secrets of diplomats and spies.

"There'll be more publications – about large international so-called free trade deals, and about an intelligence agency," Mr Assange said.

May 02 08:05

Bahrain seizes Iranian bank, insurer

The Central Bank of Bahrain (CBB) says it has placed two Iranian financial institutions into administration.

Bahrain’s media say this came into effect as of April 30, 2015. However, no explanation has been provided for the decision.

May 02 08:05

Algorithmic guilt: using secret algorithms to kick people off welfare

A wrenching and beautifully argued essay by Virginia Eubanks describes the inevitable consequences of letting secret, unaccountable algorithms decide who is eligible for welfare. The essay is part of New America's What Drives Innovation Around the Country conference, and it describes the drive to outsource management of critical state services to private firms that control costs by using proprietary, secret algorithms to ascribe suspicion and guilt to members of the public.

May 02 08:03

We Just Broke 2008's Record For The Fastest Economic Unraveling!

The final Q1 GDP revision was just released and we saw that GDP has again missed expectations by such a large margin that 2015 is another write off for a 3% growth year. Almost comically we heard the same excuses we got last year. “Weather was wintery and next year is going to be the turnaround year”. So in order to explain to these supposed economic and market ‘experts’ who seem wholly incapable of understanding economic and market forces with any sense of accuracy, let’s run through a few fundamentals.

May 02 08:00

Masked rioters turn Milan into battleground

Police fired tear gas at demonstrators on Friday as protests overshadowed the start of the Milan Expo, a global fair the government had been hoped would help to put a new face on Italy after years of economic decline.

Thick clouds of smoke from burning cars filled parts of central Milan, where groups of protesters, their faces masked against the fumes, threw stones and faced off against lines of police in riot gear.

May 02 07:57

NSA Used German Intelligence to Spy on Offices of French President and other EU Allies

Intelligence spying involving the United States and Germany is once again in the news, only this time the rift isn’t between the two allies. Unlike the 2013 revelation that the National Security Agency had spied on German Chancellor Angela Merkel, the latest snooping hoopla has the NSA using Germany’s electronic listening technology to spy on other European allies, including the leader of France. The American-German cooperation went on for at least a decade, according to a parliamentary investigation in Berlin

May 02 07:50

Middle Class U.S. Consumers Are Tapped Out, Major U.S. Retailers Are Closing More Than 6,000 Stores

If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores? The “retail apocalypse” that I have written about so frequently appears to be accelerating.

May 02 07:47

White House: US Is Considering The Possibility Of Increasing The Pressure On The Russian Federation

US continues to cooperate with European partners in order to exert economic pressure on Moscow in connection with the situation around Ukraine, said White House spokesman Josh Ernest.

United States is considering the possibility of increasing the pressure on Russia over the situation around Ukraine, he said on Friday White House spokesman Josh Ernest.

http://whatisusa.info/white-house-us-is-considering-the-possibility-of...

May 01 20:41

White House: US Is Considering The Possibility Of Increasing The Pressure On The Russian Federation

US continues to cooperate with European partners in order to exert economic pressure on Moscow in connection with the situation around Ukraine, said White House spokesman Josh Ernest.

http://whatisusa.info/white-house-us-is-considering-the-possibility-of...

May 01 18:29

Childhood Homelessness, A Hidden American Problem

Homelessness is a national problem in the United States, and one whose victims are often hidden. They aren’t just the haggard Vietnam vet or the disabled man on the corner asking for assistance; they’re the children and families who couch surf, bounce between friends’ homes, live in cars, subsist in tent cities or stay in hotels.

May 01 17:56

The Peer-to-Peer Economy Goes Mainstream

May 01 17:28

5 Things To Ponder: GDP - Love It Or List It

May 01 16:41

Spain Grows Faster Than the US

May 01 15:13

Is Merkel a CIA Asset ?

Is Merkel an asset for American intelligence, serving the geopolitical interests of Washington rather than the good of her own nation, or the wider good of Europe?

The claims that Merkel’s government knew about German state intelligence spying on behalf of the Americans against the country’s own industrial interests raise disturbing questions about the integrity of German government leaders.

The apparent betrayal of German national interests by Chancellor Angela Merkel is not only evident over the recent industrial spying scandal on behalf of America, the slavish pursuit by Merkel of Washington’s anti-Russian policy over Ukraine — in contradistinction to her country’s national interests — also cogently suggests that the chancellor is serving a foreign master.

May 01 14:30

ECONOMIES WITH LOW OR NEGATIVE INFLATION

May 01 12:41

Feds Seize $62,000 From Innocent Organic Farmer Because The Bank Teller Gave Him Bad Advice

Randy and Karen Sowers innocently watched the government take $62,000 of the money they had made selling milk from grass-fed cows and eggs from cage-free chickens at Washington, D.C.-area farmer’s markets.

“It is not right that the government can take all of your money on the basis that they think you have done something wrong,” Sowers told the Ways and Means Committee of the US House of Representatives in February. “Also, when the government shows up at your door with armed agents and hands you a subpoena, your whole life is turned upside down.”

The case has galvanized opponents of what is called civil forfeiture and united politicians on both sides of the aisle.

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