ECONOMY | WHAT REALLY HAPPENED


ECONOMY

May 05 14:46

The State of Our Nation

The State of Our Nation

22nd Annual Free Public Forum:

Election 2015

and
What’s at Stake?

CBC, Medicare, Canada Post, Pensions, Pharmacare,
the Environment, Education, Jobs, Affordable Housing,
the Economy, National Sovereignty and our Democracy

Tuesday, May 12th, 2015 @ 1:00 pm
Toronto City Hall, Council Chamber
100 Queen Street West @ Nathan Phillips Square

May 05 14:45

Gold Withdrawals From NY Fed Vault Refuse To Stop: 200 Tons Of Gold Repatriated In Past Year

We can officially confirm that the gold redemptions from the world's (allegedly) largest gold vault have continued, and another 10 tons of gold was put on a ship (or plane) in March in an unknown direction. Since Germany and the Netherlands started repatriating a portion of their gold held in Manhattan, some 217 tons of gold has been redeemed starting in February 2014 and just under 200 tons in the past 12 months.

May 05 13:19

Myth or Reality: "Sell In May"

May 05 13:10

Gundlach: Rates have bottomed

May 05 12:03

Detroit to study ways to help the poor pay water bills

While water shutoffs to Detroit households with unpaid bills are expected to resume within weeks, city officials are still trying to figure out the best way to help poor people stay up-to-date on their bills.

Webmaster's Commentary: 

"We could sell the daughters into prostitution, the sons to Blackwater, and the adults could be sold for medical experiments!"

May 05 11:45

Gregory Mannarino - Economy Going Nowhere

In terms of the so-called economic “recovery,” Gregory Mannarino of TradersChoice.net says, “We are going nowhere. We got consumer spending falling off a cliff despite the promise we heard from the mainstream that people were going to be saving cash at the pumps and we were going to be spending it on other things. . . . We got manufacturing falling off a cliff. Exports are falling off a cliff. We’re in decline. There is no doubt about it, and they bare blaming the weather and everything they can think of to try to get people to believe this is a good economy. This is the new norm, and I don’t see how people can believe the nonsense anymore. This is it. The new norm is what we have now. . . . This is a set up for a massive downside move with asset prices.”

May 05 10:48

BILL GROSS: 'This is all ending'!

May 05 10:23

Lafarge And Holcim Have Been Approved By The US Trade Commission To Merge

Bond producers Holcim and Lafarge have stowed US and Canadian antitrust supports to converge, after they consented to strip resources. Holcim said in an announcement: "...All rivalry supports vital for shutting the exchange have now been gotten in front of the normal shutting in July 2015.

http://whatisusa.info/lafarge-and-holcim-have-been-approved-by-the-us-...

May 05 10:10

The Government Declared War On The Largest Drug Cartels In Mexico

Mexico has pronounced a hard and fast hostile against the moderately new medication cartel which gave down an armed force helicopter amid a weekend of facilitated assaults over the western condition of Jalisco which provoked new concerns over the most recent heightening of the nation's medication wars.

May 05 09:59

MSN Money: Gold Could hit $9,000- $12,000 an Ounce in a currency reset

In an under-noticed article on corporate media website MSN Money last week, the outlet ran an editorial claiming that the price of gold could reach $12,000 an ounce in the case of an IMF currency reset.
The column also notes "Certainly the global central banks seem to be able to do little to help, though it might be a whole lot worse without them."

May 05 09:25

No to ‘Fast Track,’ No to Trade Treachery

May 05 09:17

Oh my God. Mortgage rates hitting 4%

May 05 08:25

Donetsk Republic Nationalizes Banks, Draws Ire Of NATO and World Banking Cartel

By Brandon Turbeville

In a tiny corner of Eastern Europe, a fledgling Republic struggling with the day-to-day hurdles of warfare and shaky ceasefires, has succeeded in doing what has long been overdue in the most powerful nation on the face of the earth – it has nationalized its out-of-control banks and put them to use for the good of the people...

May 05 08:09

IRS seizes rural convenience store owner’s career savings in another horrible abuse of civil forfeiture

“Your client needs to resolve this or litigate it,” Mr. West wrote. “But publicity about it doesn’t help. It just ratchets up feelings in the agency.” He concluded with a settlement offer in which the government would keep half the money.

May 05 07:06

Texas Legislators Attempt to Give Federal Reserve Guards Arrest Powers

Truthstream received a message last week from Rep. Jonathan Stickland about his efforts to filibuster and delay this potentially dangerous transfer of power to none other than the Federal Reserve banking system.

Bill H.B. 2346 would grant commissioned officers of the Federal Reserve some of the powers given to sworn peace officers – including powers of arrest, search and seizure – in matters taking place on Federal Reserve property or, more broadly, in matters related to the Fed.

May 05 06:51

Economic Confidence Index Down Sharply

May 05 06:36

Scott Walker Says He Would Crush What’s Left Of Unions If Elected President

Though he has yet to officially declare his bid for president, Wisconsin Governor Scott Walker is frequenting early primary states and hinting at what he would do if elected to the White House. In a recent interview with Radio Iowa, Walker said he would champion a federal version of the controversial ‘right-to-work’ law he signed earlier this year.

“As much as I think the federal government should get out of most of what it’s in right now, I think establishing fundamental freedoms for the American people is a legitimate thing and that would be something that would provide that opportunity in the other half of America to people who don’t have those opportunities today,” he said.

Webmaster's Commentary: 

I have little enthusiasm for unions, mostly from the way I was treated by the Hollywood unions during my career.

May 05 06:26

US unaware about Iran visit by oil team

The US State Department says it cannot confirm a report that an American oil delegation plans to visit Tehran within the next few days to discuss business.

May 05 06:23

Over 40 Years of Profits at Bank of ND and more on Student Debt and Postal Banking

Spend a few minutes reading the Bank of North Dakota's (BND) annual report, released just this past Friday. We've highlighted parts of it below -- it shows a state investing in its people for the long term. If you wish to know how BND does this, you are invited to participate in a 60min discussion that I will lead this Friday at 9am Pacific, Noon Eastern. Please register here.

Webmaster's Commentary: 

Public banking works for the people. Private central banking works against the people.

May 05 06:20

Baltimore Received $1.8 Billion from Obama’s Stimulus Law

The city of Baltimore received over $1.8 billion from President Barack Obama’s stimulus law, including $467.1 million to invest in education and $26.5 million for crime prevention.

President Obama claimed last Tuesday that if the Republican-controlled Congress would implement his policies to make “massive investments in urban communities,” they could “make a difference right now” in the city, currently in upheaval following the death of Freddie Gray.

However, a Washington Free Beacon analysis found that the Obama administration and Democratically-controlled Congress did make a “massive” investment into Baltimore, appropriating $1,831,768,487 though the American Recovery and Reinvestment Act (ARRA), commonly known as the stimulus.

May 05 00:13

Getting married? Get ready for a new tax bill

May 05 00:12

Are robots about to take away 18 million jobs?

May 04 20:06

20.7% of Jobs in Baltimore Are Government Jobs

May 04 19:53

Secrecy Over TPP Fuels Growing Opposition in Congress

The back-room push for the corporate-friendly Trans-Pacific Partnership (TPP) trade pact may be backfiring on its supporters, as more and more lawmakers in U.S. Congress drop their interest in the deal over its extreme secrecy.

Only members of the House and Senate are currently allowed to view the text of the deal, and even they are forbidden from discussing what it contains. As a new report from Politico published Monday details, "If you’re a member who wants to read the text, you’ve got to go to a room in the basement of the Capitol Visitor Center and be handed it one section at a time, watched over as you read, and forced to hand over any notes you make before leaving."

May 04 18:30

Experts Are Warning That The 76 Trillion Dollar Global Bond Bubble Is About To Explode

Warren Buffett believes “that bonds are very overvalued“, and a recent survey of fund managers found that 80 percent of them are convinced that bonds have become “badly overvalued“. The most famous bond expert on the planet, Bill Gross, recently confessed that he has a sense that the 35 year bull market in bonds is “ending” and he admitted that he is feeling “great unrest”.

May 04 16:01

US M2 Velocity still dropping

May 04 14:46

Secrecy Over TPP Fuels Growing Opposition in Congress

The back-room push for the corporate-friendly Trans-Pacific Partnership (TPP) trade pact may be backfiring on its supporters, as more and more lawmakers in U.S. Congress drop their interest in the deal over its extreme secrecy.

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.

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