ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Aug 04 10:01

China Now Runs 4 Of The World's 5 Biggest Banks

Aug 04 08:47

The CEO of collapsed bitcoin exchange MtGox has been arrested in Japan

Japanese police on Saturday arrested Mark Karpeles, CEO of the collapsed MtGox bitcoin exchange, over the loss of nearly $390 million worth of the virtual currency, local media said.

Karpeles, 30, is suspected of having accessed the computer system of the exchange and falsifying data on its outstanding balance, Kyodo News and public broadcaster NHK said.

Webmaster's Commentary: 

The problem isn't the currency itself, it is the money-junkies who seek to control and take ALL currencies!

Aug 04 08:46

American Oligarchy – 400 Families Represent 50% of Money Raised by 2016 Presidential Candidates Thus Far

Ever since I started this website in 2012, one of my primary objectives was to convince readers that the American system of government is nothing like what we are told in school and via the oligarch-owned mainstream media. That the country has become so captured and corrupted by sociopathic oligarchs, that a neo-feudal modern serfdom was emerging where the opportunities to enjoy rising standards of living for the vast majority of people was rapidly becoming a pipe dream.

I think many readers appreciated my warnings, but it wasn’t until an academic study from Princeton and Northwestern came out and factually proved it, that it become undeniable to many people.

Aug 04 08:32

U.S. RENEWS PUSH FOR TRANS-PACIFIC PARTNERSHIP

After fierce resistance from Australia and several Asian countries, the United States is again making an aggressive move to get the Trans-Pacific Partnership (TPP) approved in all member states. American Secretary of State John Kerry has flown to Singapore, where he will meet with several Asian dignitaries to hammer out a deal on the TPP. A few sticking points, such as Americans’ insistence on strict regulations of patented prescription drugs, have caused other states to balk at the agreement, with Australia making the loudest protests over the lack of free trade agreements within the agreement.

Aug 04 07:57

Gold Sentiment Is Just Ugly

Aug 04 07:50

Ongoing monetary and banking reform communication with ~2,000 AP Econ teachers

*hyperlinks/video live at source*

Since 2009 I've been a Socratic voice for monetary and banking reforms to ~2,000 Advanced Placement Macroeconomics teachers on our discussion listserve. The status over the last six years is an occasional positive response, with a total of perhaps ten teachers in at least mild agreement, and occasional negative responses that I end with a few polite yet direct Socratic questions that demonstrate no substantiation to the negative argument. None of the negative ones or other colleagues follow-up with good questions to learn, only two have communicated to me privately in partnership, and zero colleagues have joined my voice on the listserve in any way pointing to reforms or admonishing colleagues to look at the game-changing data.

Aug 04 07:35

Gold: Use the Cockroach Strategy

Aug 03 22:04

Greece Succumbs to Imperialist Banksterism

At the time of writing, the national debt of Greece stood at more than €357 billion, and government debt was more than 175 per cent of GDP and growing. The cause, according to Greece’s major creditors in Berlin, London and New York, was profligate social spending. The Greek government, they argue, took out unsustainable loans to pay for health coverage, minimum wage, decent pensions, libraries, schools and parks. Therefore, Greeks are responsible for their own predicament: The people have to tighten their belts, even if that means adding a few notches, and the government must succumb to deregulation and increased privatization; in other words, Greece must surrender political control over its economy to foreign corporations. This is the standard, bourgeois explanation. It is dead wrong.

Aug 03 17:05

Why The U.S. Is the Next Greece

Aug 03 14:28

America's National Parks are for sale

The corporatization process started with “co-branding” agreements, rationalized by Park Service officials as “aligning the economic and historical legacies” of parks with advertisers. In other words, they’re selling the Park Service’s proud public brand — as well as its soul. First in line was Coca-Cola. In 2007, the multibillion-dollar colossus became a “proud partner” with the Park Service by donating a mere $2.5 million (tax-deductible, meaning we taxpayers subsidized the deal) to the Park Service fundraising arm. In return, not only did Coke get exclusive rights to use park logos in its ads, but it was allowed to veto a Park Service plan to ban sales of bottled water in the Grand Canyon National Park. Disposable plastic bottles are that park’s biggest source of trash, but Coke owns Dasani, the top-selling water, so bye-bye ban. Public outrage forced officials to reverse this crass move, but the Park Service’s integrity has yet to recover.

Aug 03 13:45

U.S. factory activity dips; consumer spending cools

U.S. factory activity slipped in July and consumer spending advanced at its slowest pace in four months in June, indicating the economy lost some momentum recently.

But that could be temporary as automakers on Monday reported U.S. sales increased solidly last month after dipping in June, keeping the industry on track for its best year in a decade.

The sluggish economic data did not change economists' expectations that the Federal Reserve will hike interest rates this year, given a tightening labor market.

"We expect growth momentum to re-accelerate over the next few months, providing the Fed with the necessary confidence they need to raise rates in September," said Millan Mulraine, deputy chief economist at TD Securities in New York.

Webmaster's Commentary: 

Suuuuuuuuuuuuuuure we do!

Aug 03 12:28

‘Guilty’: Ex-UBS & Citigroup trader jailed 14yrs for key rate manipulation

Tom Hayes, a former yen derivatives trader at UBS and Citigroup, has become the first person found guilty of rigging benchmark interest rate. Along with other traders, he manipulated Libor, a benchmark for interest rates on trillions of dollars.

Former trader Hayes, 35, was found guilty of eight counts of conspiring after a nine-week trial in London.

Aug 03 12:25

S&P Dares To Go There: Downgrades European Union To Negative Outlook

Just a few short years after they dared to downgrade the US, S&P has unleashed their worst on Europe:

*EUROPEAN UNION OUTLOOK REVISED TO NEGATIVE FROM STABLE BY S&P
*S&P: EU TO AA+/NEGATIVE FROM AA+/STABLE - FOREIGN CURRENCY LT

We are sure this will be met by S&P office raids throughout Europe, litigation over somethhing or other, and denials broadly from any and every unelected member of EU's elite... because "when it's serious you have to lie."

Aug 03 12:19

Comex On The Edge? Paper Gold "Dilution" Hits A Record 124 For Every Ounce Of Physical

Over the weekend, we got what was merely the latest confirmation that when it comes to sliding gold prices, consumer of physical gold just can't get enough. As the Times of India reported over the weekend, India's gold imports shot up by about 61 per cent to 155 tonnes in the first two months of the current fiscal "due to weak prices globally and the easing of restrictions by the Reserve Bank. In April-May of the last fiscal, gold imports had aggregated about 96 tonnes, an official said."

Aug 03 12:13

Why Did Greece Get 'Bitch-Slapped', While Ukraine Got Some 'Good-Loving' From Europe?

George Orwell once wrote in ‘Animal Farm’ ‘all animals are equal, but some animals are more equal than others’. This famous sentence is now valid more than ever before as surprisingly, the IMF will continue to cut Greece out of potential funding, whilst it’s embracing Ukraine by offering that country billions of dollars in hard cash as support.

In a surprising statement, the IMF confirmed it has currently no intention to continue to back Greece by making more cash available for the country. Citing the high debt levels and the poor level of implementing the much needed changes and reforms, the IMF says Greece currently does not meet the criteria required by the IMF to step in and provide more financial assistance. As you might remember, the IMF has pulled the plug on providing Greece more cash to help the country out until it will be able to re-finance its existing debt on the private markets.

Aug 03 11:42

PALATABLE FEAR, OF BILLIONS WORLDWIDE

Aug 03 11:25

Republican Rank-and-File Line Up Against Financial Regulation

Former financial regulator Bill Black mocks Republican claims of ‘bigotry’ against ‘the success of CEOs’

Aug 03 11:23

?economic growth and collaboration sans the US?

go east young person. I would if I could.

Aug 03 11:21

will we go the Icelandic or Greek route?

$40 trillion here, a quadrillion there, soon banksters will own it all

Aug 03 11:14

High rent is forcing Las Vegas families to take to the sewers

Beneath the glitz and glamour of what is arguably the most expensive real estate in the world, beneath the playground of the high-rolling mega-rich gamblers who fly in for the weekend in their private jets, beneath the neon lights and polished marble of the casinos, beneath the city that never sleeps, is a world that is known to only the handful of America’s forgotten—its homeless.

Webmaster's Commentary: 

This is absolutely insane.

Governor Herbert of Utah, you need to at least have a phone conversation with your counterpart, Governor Sandoval of Nevada, about how your state has humanely and compassionately all but eliminated homelessness in Utah, and how your approach has actually saved the state,money in the long run.

That ANYONE should have to live this way is so wrong, I just don't know where to begin.

Aug 03 11:14

'Perfect Storm' Engulfing Canada's Economy Perfectly Predictable

Years ago Andrew Nikiforuk, citing experts, warned where Stephen Harper's priorities would lead us.

Economists, an irrational tribe of short-sighted mathematicians, are now calling Canada's declining economic fortunes "a perfect storm."

It seems to be the only weather that complex market economies generate these days, or maybe such things are just another face of globalization.

In any case, economists now lament that low oil prices have upended the nation's trade balance: "Canada has posted trade deficits every month this year, and the cumulative 2015 total of $13.6 billion is a record, exceeding the next highest, in 2009, of $2.95 billion."

But this unique perfect storm gets darker. China, which Harperites eagerly embraced as the globe's autocratic growth locomotive, has run out of steam.

Aug 03 11:06

Switzerland’s central bank just lost $52 billion

The Swiss Franc is getting crushed.
Most banks around the world couldn’t survive losing $50 billion in six months. But most banks don’t print their own money.

The Swiss National Bank, Switzerland’s central bank, announced on Friday that it suffered a first-half loss of 50.1 billion Swiss francs ($52 billion), the vast majority of which was from the decline in value of its holdings of euros.

Webmaster's Commentary: 

YIKES!! That is intense!

Aug 03 10:51

Greece Succumbs to Imperialist Banksterism

In a nationwide referendum, 61%, of Greeks shouted okhi to ever-more severe austerity measures as the price for new loans and Greece’s remaining within the Eurozone. On July 7 the leaders of the 28 European countries gave the government of Alexis Tsipris two days to present “credible proposals” to its creditors or face expulsion from the Eurozone. Now as then, the Greek government capitulated in the wake of a German-led attack, only this time the weapon of choice was banks not tanks.

Aug 03 10:02

Reshuffling Eurasia’s energy deck — Iran, China and Pipelineistan: Escobar

Pipelineistan – the prime Eurasian energy chessboard — never sleeps. Recently, it’s Russia that has scored big on all fronts; two monster gas deals sealed with China last year; the launch of Turk Stream replacing South Stream; and the doubling of Nord Stream to Germany.

Now, with the possibility of sanctions on Iran finally vanishing by late 2015/early 2016, all elements will be in place for the revival of one of Pipelineistan’s most spectacular soap operas, which I have been following for years; the competition between the IP (Iran-Pakistan) and TAPI (Turkmenistan-Afghanistan-Pakistan-India) gas pipelines.

Aug 03 09:46

Politicians from Both Sides of the Aisle: Corruption Has Destroyed America

“Allowing people and corporate interest groups and others to spend an unlimited amount of unidentified money has enabled certain individuals to swing any and all elections, whether they are congressional, federal, local, state … Unfortunately and rarely are these people having goals which are in line with those of the general public. History well shows that there is a very selfish game that’s going on and that our government has largely been put up for sale.” – John Dingell, 29-term Democratic congressman from Michigan, in 2014 just before he retired.

Aug 03 09:03

Rent Bubble = Housing Bubble = Rent Bubble

Aug 03 09:03

Are Smart Meters Cost Effective?

By Catherine J. Frompovich

When it comes to costs regarding Smart Meters (SMs), the way their ‘windsock’ is blowing tells us that there’s a lot of uncertainty about consumers saving on their electric bills. Internet and personal stories confirm that many, if not most, electric utility bills have doubled – or even gone higher – after a Smart Meter was retrofitted on to private homes.

Furthermore, no one, including state public utility commissions, seems to want to address what appears to be “bait and switch” advertising promoting SMs or, the utilities—with the permission of states regulatory agencies—are perfectly satisfied legally ripping off consumers due to the way SMs can err or malfunction, then reset themselves with no trace of an error, which apparently is due to computer programs that run the SMs...

Aug 03 09:02

Executives of Italy’s oil giant in Tehran on Tuesday

An official of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) says senior executives of Italy’s oil giant, ENI, will arrive in Tehran as part of a business delegation on Tuesday.

Ali Akbar Farazi, ICCIMA’s deputy for international affairs, said ENI will be part of a high-ranking Italian delegation headed by the country’s Foreign Minister Paolo Gentiloni, which will arrive in Tehran the day after tomorrow.

The official added that ENI was a partner to Iran's oil projects before sanctions were imposed on the country by the West and had taken part in development of phases 4 and 5 of South Pars gas field as well as Darkhoein oil field.

Webmaster's Commentary: 

First Spain and now Italy are in Iran making new deals while American companies are forced to wait by a US Congress more concerned with Israel's whining than with the US economy.

Aug 03 08:27

Food Storage Supplies Running Out Nationwide

Aug 03 08:22

Cables Show Hillary Clinton's State Department Deeply Involved in Trans-Pacific Partnership

Democratic presidential candidate Hillary Clinton on Thursday attempted to distance herself from the controversial 12-nation trade deal known as the Trans-Pacific Partnership. During her tenure as U.S. secretary of state, Clinton publicly promoted the pact 45 separate times -- but with her Democratic presidential rivals making opposition to the deal a centerpiece of their campaigns, Clinton now asserts she was never involved in the initiative.

Webmaster's Commentary: 

Latest word from here in Hawaii is that the TPP negotiations have hit a brick wall, in part over the idea of banning labeling of GMOs.

Aug 03 08:15

Spanish Ministers Due in Iran to Discuss Economic Ties

Spain's ambassador to Iran announced that a number of cabinet ministers from the Western European country plan to pay an official visit to the Islamic Republic in early September as part of efforts to boost bilateral relations in various economic areas, including tourism.

Aug 03 07:53

How the ALS Ice Bucket Challenge Money Was Put to Use

67% of the money raised in the ALS Ice Bucket Challenge last summer will be used for research.

Aug 03 07:52

Gold Market Slumps

The gold market just hit a 5 year low price.

Aug 03 07:52

Toshiba CEO Resigns

After an accounting scandal at Toshiba, CEO Hisao Tanaka resigned.

Aug 03 07:51

Jet.com: Amazon and Costco’s Worst Nightmare

Jet.com launched earlier this month with it’s sights set on taking down giant retailers Amazon and Costco.

Aug 03 07:51

Moving Abroad May Allow Early Retirement

If you dream of early retirement or retirement on a limited budget, moving abroad might be the answer to your quest.

Aug 03 07:50

Greek shares plunge as market reopens - bank shares hit hardest.

The main Athens stock index, the Athex, has fallen by 22.87% as trading resumes after a five-week closure.

The nation's top four lenders - Piraeus Bank, National Bank, Alpha Bank, and Eurobank - were biggest fallers, all down by 30%, the maximum allowed.

Aug 03 07:50

Where Candidates (Trump included) Fear to Tread

What Trump represents most vividly in this moment of history is the astounding lack of seriousness among people who pretend to be political heavyweights. No one so far, including the lovable Bernie Sanders, has nailed a proper bill of grievances to the White House gate. A broad roster of dire issues facing this society ought to be self-evident. But since they are absent so far in the public discussion, here is my list of matters that serious candidates should dare to talk about (all things that a sitting president could take action on):

The security state. America has developed the most horrifying state security apparatus that the world has ever seen in its NSA and associated agencies. It has become the sugar tit for some of the most malevolent enterprises of the corporatocracy — the black ops companies and the weapons dealers. The growth of this monster was not mandated by heaven. A president could lead the move to deconstruct it. A candidate with a decent respect for our heritage would make this a major campaign issue.

Aug 03 06:41

JIM WILLIE: THE COMING GLOBAL RESET

Aug 03 06:27

Success of NASA missions revives funding debate

The recent success of NASA missions prompted a new debate Tuesday on budget cuts to the U.S. space program.

Members of the House Committee on Science, Space and Technology called upon some of the country’s top planetary scientists to describe the latest NASA missions and the future of space exploration. Members of Congress lauded NASA for its recent historic achievements, namely the New Horizons' flyby of Pluto, as they advocated for restoring funding that is set to be eliminated.

Aug 03 05:49

Corruption is Legal in the USA

A well-done animated guide to the 2014 study (often cited by Washington’s Blog) conducted by teams of researchers out of Princeton and Northwestern, looking at whether the US population can influence public policy. This is the largest study of the topic to date, looking at nearly 2,000 policy issues.

Aug 03 03:24

How To Value Silver NOT In $$$

Aug 02 21:10

USA to Issue More Green Cards Than Populations of Iowa, New Hampshire, South Carolina Combined

If Congress does not pass legislation to reduce the number of green cards issued each year, the U.S. will legally add 10 million or more new permanent immigrants over the next 10 years—a bloc of new permanent residents larger than populations of Iowa, New Hampshire, and South Carolina combined. This has substantial economic implications.

Aug 02 16:45

Dramatic Footage: How Venezuelans Get Milk Powder

Aug 02 15:58

Something Just Snapped: Container Freight Rates From Asia To Europe Crash 23% In One Week

It appears that the recent spike in shipping rates was analogous to the dead cat bounce in crude oil prices: a speculator-driven anticipation for a sustainable rebound that never took place. And now, just like with crude prices, it is all crashing down.... again. According to Reuters, shipping freight rates for transporting containers from ports in Asia to Northern Europe dropped 22.8 per cent to $400 per 20-foot container (TEU) in the week ended last Friday, data from the Shanghai Containerized Freight Index showed.

Aug 02 15:57

Famous World Ideologies, as explained by references to Cows

Feudalism: You have two cows. Your lord takes some of the milk.

Fascism: You have two cows. The government takes both, hires you to take care of them, and sells you the milk.

Real World Communism: You share two cows with your neighbors. You and your neighbors bicker about who has the most “ability” and who has the most “need”. Meanwhile, no one works, no one gets any milk, and the cows drop dead of starvation.

Capitalism: You don’t have any cows. The bank will not lend you money to buy cows, because you don’t have any cows to put up as collateral.

and more!

Aug 02 15:39

Ron Paul 1 - 0 Paul Krugman

Aug 02 11:39

Oil to drop below 30$ before Christmas.

Aug 02 11:01

Goldman Sachs Nukes The Earth

By Richard Wilcox, PhD

The sky's the limit and big banks are investing in energy sectors such as nuclear power instead of renewable energy at the expense of humankind, the biome and biota, and future generations of the Earth. Banks like Goldman Sachs have been investing in the uranium market which is one of the reasons the transition away from a dangerous, nuclear power system to a more viable and safer renewable energy system is taking so long to occur.

Nuclear expert Arnie Gundersen of Fairewinds reminds us that Tokyo Electric Power Company (Tepco) and the Japanese government have consistently refused help from foreign engineering firms who have proposed solutions...

Aug 02 10:51

Key Sector Threatening Material Breakdown

Aug 02 08:57

11 RED FLAG EVENTS THAT JUST HAPPENED AS WE ENTER THE PIVOTAL MONTH OF AUGUST 2015

Are you ready for what is coming in August? All over America, economic, political and social tensions are building, and the next 30 days could turn out to be pivotal. In July, we saw things start to turn. As you will read about below, a major six year trendline for the S&P 500 was finally broken this month, Chinese stocks crashed, commodities crashed, and debt problems started erupting all over the planet. I fully expect that this next month (August) will be a month of transition as we enter an extremely chaotic time in the fall and winter. Things are unfolding in textbook fashion for another major global financial crisis in the months ahead, and yet most people refuse to see what is happening. In their blind optimism, they want to believe that things will somehow be different this time. Well, the coming months will definitely reveal who was right and who was wrong. The following are 11 red flag events that just happened as we enter the pivotal month of August 2015…

Webmaster's Commentary: 

As we always say, looking at information like this, please don't panic; PLAN.

Make sure you have long-term storable food, water, and extra medication for yourselves, your family, and your pets.

Other than what you absolutely need to pay your bills, please don't have any more money in the bank than that. Liquidity is going to be key in the coming months.

Make sure you have a bug-out plan, and if you have kids in public school, know what the ground rules are for pulling them out when you need to so that the family can be reunited quickly.

Two way radios, and whatever you feel comfortable using, in terms of self defense will be important as well.

I do not want to be Mrs. Chicken Little of Oahu, 2015; but having said that, folks, something wicked this way comes, economically, and it is high time to put your house in order so that you will be able to survive.

Aug 02 07:52

Trans-Pacific Partnership Negotiations Come to Screeching Halt

By Star Fox

Negotiators of the secretive Trans-Pacific Partnership (TPP) announced Friday that they had failed to finalize the deal after several days of talks in Hawaii...

Aug 02 03:09

Varoufakis warns Spain could 'become Greece'

Spain could become like Greece if the same austerity policies are imposed on the country, former Greek finance minister Yanis Varoufakis said in an interview published Sunday.

Aug 02 02:14

Bill Gross: The Fed Won't Raise Rates

Aug 01 19:35

The Latest Government Trust Fund To Go Bankrupt

Aug 01 18:05

Lloyds tells staff to cancel meetings with customers who want help or advice but won't make the bank any money

Staff at Britain’s biggest bank have been ordered not to waste their time keeping appointments with customers who will not make them any cash.

A leaked email from a senior manager at Lloyds highlights the state-backed lender’s lack of concern for loyal customers.

It instructs branch staff to cancel appointments with any customers who simply want help or advice and do not want to buy anything.

Aug 01 15:00

Trouble, Trouble, Trouble

Aug 01 14:40

Royal Dutch Shell To Cut 6,500 Jobs

Aug 01 10:23

The Look of Silence: Finding our Humanity in the Face of Genocide

Our challenge today is to harness the good in ourselves, to be more humane, more gentle, more caring, to treat each being in our world as someone of infinite worth. As technology gives us access to the far reaches of the globe, we must see that infinite worth in a man or woman in Sumatra who now has to live next to the man who tortured and killed their loved one, as we also strive to see it in our neighbor at home.

When we use atrocity to inspire us to act, to ask the right questions, to reach across the globe and try to stop someone from being killed or suffering, our world will become a more livable one. Only then will we be able to hope to turn back the tide on genocide.

Webmaster's Commentary: 

I had the opportunity to hear Bishop Tutu speak at St. John's Episcopal Church many, many years ago, about peace and human justice; and still today, he is an indefatigable campaigner for those values.

Let us all take a moment to embrace the values expressed in the first paragraph I copied from this article; I can promise you that the world, both immediate, and universal, CAN be a better place for that action.

I am no Pollyanna; however, I do know that kindness and compassion can be contagious!! :-)

Aug 01 10:15

Puerto Rico To Default After Missing Payment

Puerto Rico will miss a payment on debt due Aug. 1, the governor's chief of staff said on Friday, an event that will be considered a default by investors as the commonwealth lurches towards what could be one of the largest U.S. municipal debt restructurings in history.

The island faces a number of debt payments that day but had signaled in recent weeks that it may miss the $58 million payment on Public Finance Corporation (PFC) bonds.

"Tomorrow is Aug. 1 and we don't have the money," Puerto Rico's governor's chief of staff Victor Suarez told journalists in San Juan. "The PFC payment will not be made this weekend. It was not consigned."

Suarez also said the government only had enough cash to operate until November if no additional measures are taken to increase cashflow.

The PFC missed payment will mark the first by the commonwealth. According to a 2014 bond offering statement, Puerto Rico has never defaulted on the payment of principal or interest of debt.

Webmaster's Commentary: 

It will be interesting to see how American financial markets respond to this on Monday.

Aug 01 09:48

Partial Birth Abortion and The Baby Body Parts Market

Buncha damn Ghouls!

Here is the Interstate Commerce Loophole

The clinics “donate” fetal tissue to the harvesters who then donate them to the researchers. The Harvesters pay clinics a lease fee for the space they use to process the dead baby bodies. They are also allowed to charge reasonable sums associated with the transportation, implantation, processing, preservation quality control, or storage of human fetal tissue.

An email from way back in 1994 purportedly leaked from the University of Washington describes how fetal products are readied for market:

Aug 01 09:45

Comprehensive List Of Companies That Uses Aborted Fetal Cells As Flavor

Children of God for Life is calling on the public to boycott products of major food companies that are partnering with Senomyx, a biotech company that produces artificial flavor enhancers, unless the company stops using aborted fetal cell lines to test their products.

In 2010, the pro-life organization wrote to Senomyx CEO Kent Snyder, pointing out that moral options for testing their food additives could and should be used.

But when Senomyx ignored their letter, they wrote to the companies Senomyx listed on their website as “collaborators” warning them of public backlash and threatened boycott. Food giants Pepsico, Kraft Foods, Campbell Soup, Solae and Nestlé are the primary targets of the boycott, though Senomyx boasts other international partners on their website.

Aug 01 09:41

Aborted Human Fetal Cells in Your Food, Vaccines & Cosmetics

Dr. Helen Ratajczak, a former drug company scientist, just published a comprehensive review of autism research. Buried in her 79-page review, on page 70, are five words that reveal a secret Big Pharma has kept from you:

“…grown in human fetal tissue.”

Aug 01 09:41

Lawsuit accuses 22 banks of manipulating US Treasury auctions

Twenty-two financial companies that have served as primary dealers of U.S. Treasury securities were sued in federal court on Thursday, in what was described as the first nationwide class action alleging a conspiracy to manipulate Treasury auctions that harmed both investors and borrowers.

The State-Boston Retirement System, the pension fund for Boston public employees, accused Bank of America's Merrill Lynch unit, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, UBS, and 14 other defendants of illegally trying to profit on the sale of Treasury bills, notes and bonds at investors' expense.

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