Jan 07 08:04

China Adds 320,000 Ounces To Gold Reserves – First Central Bank Purchase Since October 2016

Gold bullion remains a tiny component of the People’s Bank of China massive foreign exchange (FX) reserves which rose to $3.073 trillion

Jan 07 07:56


The future of the U.S. Interstate Highway System is threatened by a persistent and growing backlog of structural and operational deficiencies and by various looming challenges, such as the progress of automated vehicles, developments in electric vehicles, and vulnerabilities due to climate change. Unless a commitment is made to remedy the system’s deficiencies and prepare for these oncoming challenges, there is a real risk that the nation’s interstates will become increasingly unreliable and congested, far more costly to maintain, less safe, incompatible with evolving technology, and vulnerable to the effects of extreme weather, says a new congressionally mandated report from the National Academies of Sciences, Engineering, and Medicine.

Webmaster's Commentary: 

In the state of Hawaii, the costs to keep cars maintained and on the road are an average of $300.00 more than it does on the mainland.

The roads are one set of collapsing asphalt potholes, which are unavoidable in getting from place A to B.

The State ( in its infinite lack of wisdom) signed off on the creation of a Light Rail, the evolution and (at the moment) partial building thereof, is both a financial and logistical nightmare, in which politicians have turned their backs on the voters yet again, and most probably got paid to sign off on the project. As of July of last year, the following headline appeared in the local paper:

Honolulu rail’s price tag now estimated at $8.3 billion, up $100 million

How did the price get so high?!?

The price got this way, because of the County and City of Honolulu allowed contracts to be concluded for bits and pieces of the project, before an actual engineering overview was created, things like the gauge of the tracks, and the amount of weight the rails could support, so replacements had to be ordered. Not having an engineering, top-down approach, which would have answered these questions, and made sure that things were done effectively, has put this project into spinning out of control mode.

So what needs to be done now, which would be a forensic accounting of the funds paid out to everyone at this point; however, the primary contractor, Kewitt, has been been stonewalling on releasing documents for months, so it's anyone's guess as to where the final construction costs will end.

Jan 07 07:32


"Macron your goose is cooked, the chicks are in the street!"

That was the chant by one large contingent of women marching in the French city of Toulouse on Sunday as female-led demonstrations took place across France in order to keep the pressure on President Emmanuel Macron while also pushing back the increasing displays of violence some within the broader "Yellow Vest" (or Gilets Jaunes) movement argue is overshadowing the underlying political message.

"All the media ever reports is the violence, and we are forgetting the root of the problem" which is the fight against austerity, one protester named Karen, a 42-year-old nurse, told Agence France Presse on the streets of Marseilles.

Sunday's demonstrations followed a day of protests on Saturday during which violence broke out in Paris and other cities as those participating in "Act VIII" protests under the Yellow Vest banner clashed with French riot police, erected barricades, and started fires:

Webmaster's Commentary: 

From Google, we have the following regarding French elections and politics:

"Formally, France's constitution is parliamentary, like that of other European countries, because the government may be voted out of office by the parliament. ... But the president in these countries does not play a role of political leadership as the French president does. France's constitutional order is, in sum, unique."

I would sincerely like the French Parliament to be thinking about this seriously, if things continue as they are at the moment; the situation with French voters looks like it is going from bad to worse.

Jan 07 07:20


In the coming clash between President Trump’s $750 billion defense budget and House Democrats’ desire to cut Pentagon spending, especially on nuclear weapons, there will be tremendous fiscal pressure to shortchange the almost $30 billion annual cost to modernize America’s strategic deterrent. The ideological cover for such penny-wise, pound-foolish cuts is the so-called Global Zero movement to eliminate all nuclear weapons.

But in reality, the global-zero idealists practice a dangerous double standard: They push the US to unilaterally cut its nuclear arsenal even as they ignore or excuse nuclear buildups by Russia, China, North Korea, and (under the table) Iran. Even if they were consistent, their pursue of zero nuclear weapons would still make no sense when none of the nine existing nuclear powers has any interest in completely disarming.

Jan 07 07:16


The UK government staged a “fake traffic jam” in Kent on Monday morning, with lorries queuing all the way to Dover, to establish the implications of Britain leaving the EU without a deal, leading to ridicule on social media.
In the first significant test for border disruption, the UK Department for Transport’s (DfT) experiment, named ‘Operation Brock’, saw nearly 100 lorries from the disused Manston Airport, in Kent, on a 20-mile journey to Dover – Europe’s busiest roll-on roll-off ferry port – at around 8am, the Evening Standard reports.

The rehearsal has led to journalists and pundits pouring scorn on the exercise. The Independent’s sketch writer, Tom Peck, updated his Twitter followers with a rather comical running commentary on the “fake traffic jam” operation.

Peck claimed that he’d been sent to cover a variety of unusual stories for the paper, but he’d “never been on an assignment anywhere near as stupid as this.” He described the experiment as a “demented pantomime.

Webmaster's Commentary: 

IF this is not "desperation on the cusp of madness, on the part of the British government, I don't know what is!!!

Jan 07 07:10

New Data Suggests Shocking Shale Slowdown

Jan 06 16:38

Even Apple Couldn’t Defeat Peak Smartphone

Like in the PC market before it, we have reached a peak where smartphone sales begin to decelerate, making the act of releasing a refreshed device with enough features to stimulate sales incredibly difficult.

Jan 06 16:33

Apple stock has dropped 38 percent in 90 days

On October 3, the stock was selling at 232.07 per share, and while the price has fluctuated and the market in general has plunged in that time period, the stock has been on a downward trend for the past couple of months and has lost approximately $87 a share since that October high point.

Jan 06 16:22

P2P Lending is a Scam - Change My Mind

Jan 06 15:34

What the President Could Do If He Declares a State of Emergency

Deep State point of view,but a lot of truth about how much power the President would have if he invoked a State of Emergency and Martial Law.

The moment the president declares a “national emergency”—a decision that is entirely within his discretion—he is able to set aside many of the legal limits on his authority.

Jan 06 15:03

2019 Market Outlook

Jan 06 14:45

It Begins: Russia, China, and India Are Now All Dumping the US Dollar

(RT) — The past year was full of events that inevitably split the global geopolitical space into two camps: those who still support using US currency as a universal financial tool, and those who are turning their back on the greenback.

Global tensions caused by economic sanctions and trade conflicts triggered by Washington have forced targeted countries to take a fresh look at alternative payment systems currently dominated by the US dollar.

RT has taken a deeper look into the recent phenomena of de-dollarization, summing up which countries have taken steps towards eliminating their reliance on the greenback, and the reasons behind their decision.

Jan 06 14:29

Is This Downturn A Repeat Of 2008?

Are we in a repeat of the global financial meltdown and recession of 2008-09? The sharp drop in equities is certainly reminiscent of 2008. Indeed, the December decline is the worst in a decade. Or are we entering a different kind of recession, the equivalent of uncharted waters?

Jan 06 14:15

Sears Prepares For Liquidation As Lampert’s 11th Hour Bid Fails

Sears Holdings Corp is readying plans for a liquidation after Chairman Eddie Lampert's bid to pull approximately 425 stores out of bankruptcy was rejected, according to Bloomberg, citing people familiar with the matter.

Jan 06 14:05

The new Great Game on the Roof of the World

On top of the graceful Baltit Fort, overlooking the Hunza Valley’s Shangri-La-style splendor, it’s impossible not to feel dizzy at the view: an overwhelming collision of millennia of geology and centuries of history.

We are at the heart of Gilgit-Baltistan, in Pakistan’s Northern Areas, or – as legend rules, the Roof of the World. This is an area about 70,000 square kilometers (27,000 square miles) crammed with spectacular mountain ranges and amidst them, secluded pristine valleys and the largest glaciers outside of the Polar region.

The location feels like vertigo. To the north, beyond the Batura Glacier, is the tiny northeast arm of Afghanistan, the legendary Wakhan corridor. A crest of the Hindu Kush separates Wakhan from the regional capital Gilgit. Xinjiang starts on Wakhan’s uppermost tip. Via the upgraded Karakoram highway, it’s only 240 km from Gilgit to the Khunjerab Pass, 4,934 meters high on the official China-Pakistan border.

Jan 06 14:05

Stamp of disapproval: Postage increases set for end of January

Nothing lasts forever — not even 50-cent postage stamps. The United States Postal Service announced that the cost of its Forever stamps will rise five cents apiece on Jan. 27 from 50 cents to 55 cents.

Jan 06 12:47

BEXALERT: Hard to digest: Inmates eat holiday steak during shutdown while prison workers go unpaid

Been there and done that. The BOP has a set menu and the private prisons follow that menu. The grilled steak was most likely fried soy burgers. Never heard of garlic macaroni biscuits. They feed prisoners lots of beans and faux soy meats,very few veggies or fruits,mostly empty carbs. If you are Jewish or Muslim you get to eat kosher or halal,which means you get real meat and fruit and veggies. Never heard of Cornish hens being served,sure never ate one. Chicken wing and thigh day was the best you would get.
This is disinfo bull to make Trump look bad!

Jan 06 11:04

America's last? First Senate bill of 2019 aims to protect Israel from boycott, report reveals

With the start of the 2019 legislative session, one might hope the US Senate would prioritize ending the two-week government shutdown. Instead, the Senate’s first bill of the year reportedly aims to protect Israel from boycotts.
According to The Intercept, the first piece of legislation to be rolled out by the 2019 GOP-controlled Senate will give the US government the authority to cut ties with companies that choose to boycott Israel.

Jan 06 10:36

Canada's State Broadcaster relays former Fed Chairman's threat to President Trump; Posts, then removes, original israel links

Our good friends over at Canada’s State Broadcaster relayed a communique from America’s misnamed “federal” “reserve” on December 28, 2018 (five days after the “fed” celebrated the 105 anniversary of its unconstitutional founding).

Interestingly, the CBC’s original picture of (Stanley) Fischer, standing with a menorah as his backdrop (above), did not last long. Lest CBC’s gentle web audience somehow get the idea in their heads about where the real power rests, the picture came down.

The caption identifying Fischer as a former governor of the Bank of Israel (sic) similarly came down. But don’t worry, CBC! We saved it! And the comments, too!

Jan 06 09:50

Heavy Duty Truck Orders Tumble 43% To Two Year Low

Orders for heavy duty Class 8 trucks tumbled 43% Y/Y (down 24% M/M) in December to just 21,300 units, representing the second consecutive YoY decline in 2018 and a 25-month low on a seasonally adjusted basis, according to ACT Research.

Class 8 trucks are one of the more common heavy trucks on the road, used for transport, logistics and occasionally (some dump trucks) for industrial purposes and their orderbook is used by Wall Street as a coincident indicator of trade and logistical conditions. Typical 18 wheelers on the road are generally all Class 8 vehicles.

Jan 06 09:26

The “New Year” Starts With A Rally

Jan 06 09:18

The Profitless Prosperity Sector Will Collapse...

Near the culmination of all great stock market bubbles, at least one of that cycle’s supposed luminaries suffers an epic collapse because of fraud. As a result, fresh capital is restricted from that sector when it is needed most, leading to further crisis and a winnowing out of the sector as competitors cannot raise additional capital. Remember; suckers are always willing to finance bad businesses, but fraud means you immediately sell. It is this fear of endemic fraud tarnishing a whole sector, not economics, that finally ends a bubble.

Jan 06 08:33

Chinese Professor Censored After Admitting Real GDP Growth Is Below 2%

But in an well-timed reminder, the Financial Times has published a story citing a presentation by a controversial yet widely recognizable Chinese economist and others who argue that China's GDP growth could be much weaker than the official data - which showed the Chinese economy grew at an annualized rate of 6.7% through the third quarter - reflect.

To the consternation of Chinese censors, a presentation delivered by an economics professor at Renmin University in Beijing sparked a controversy last month when the professor claimed that a secret government research group had estimated China’s growth in gross domestic product could be as low as 1.67% in 2018, far below the official rate.

Webmaster's Commentary: 

Big shock. Governments lie to their people about the economy!

Jan 06 01:29

An Economic Hit Man Confesses and Calls to Action | John Perkins |

John Perkins describes the methods he used to bribe and threaten the heads of state of countries on four continents in order to create a global empire and he reveals how the leaders who did not “play the game" were assassinated or overthrown. He brings us up to date about the way the economic hit man system has spread from developing countries to the US, Europe, and the rest of the world and offers a strategy for turning this around. “Each of us," he says, “can participate in this exciting revolution. We can transform a system that is consuming itself into extinction into one that is sustainable and regenerative."

Jan 05 19:16

GLOBAL slowdown/recession signals

Jan 05 15:41

open border imperialists

competing economies vs racing to the bottom via suicidal altruism/globalism

Jan 05 12:36


This is Sedition and Treason pure and simple. The Deepstate is in full revolt against the American people,The US Constitution and The Billof Rights! This is getting uglier by the minute.

President Donald Trump has suffered a setback after the Senate knocked hundreds of nominations back to the White House. As the 116th Congress began on Thursday, the Senate sent back over 270 nominations from the previous session, as well as a host of foreign service nominees.

The development is an unexpected and unwanted headache for the Trump administration, which has previously been critical of the perceived lack of speed in approving nominations.

Jan 05 12:05

These chefs are transforming Hawaii's food scene

The casual visitor to Hawaii may be surprised to learn that a number of French chefs have been reimagining the islands' cuisine by incorporating a variety of ingredients and culinary techniques that are traditionally associated with France.

This blending of distinct cooking styles has resulted in the creation of some delectable specialties that speak "aloha" with a French accent, ranging from fresh seafood dishes to inventive and delectable pastries.

Jan 05 10:48

PG&E Shares Plunge 30% On Reports Of Possible Bankruptcy Filing

Hours after NPR reported that troubled California utility PG&E was weighing a sale of its natural gas division to cover potentially billions of dollars in fines that could result if its equipment is found to have caused the deadly and destructive wildfires in southern and northern California late last year and in 2017, Reuters followed up with a report that the company was weighing a(nother) bankruptcy filing for some or all of its business to protect itself from what could be billions of dollars in fines.

The report sent shares of the utility plunging 27% in late-day trading, sending them back toward their 15-year lows reached in November.

Jan 05 10:47

‘An Economy In Extreme Difficulty': US Jobs Report Hides Economic Truths

Although the latest US jobs report did indicate that 312,000 new non-farm jobs were added to the economy in December of 2018, it should by no means suggest that the US economy is functioning in a perfect manner, Richard Wolff, professor of economics emeritus at the University of Massachusetts, Amherst, told Sputnik.

"If you're a serious person in terms of understanding the economy, you know that the economy, like the human body, like a society, or like any complicated institution, has lots of ways of measuring how well it's doing," Wolff, who is also the founder of Democracy at Work, told Radio Sputnik's Loud & Clear on Friday.
?"You need to be open to the different measures, and then you need to do the very difficult thing, which is to face the reality that different messages give you different insights… and then put them together to come up with some type of composite understanding."

Jan 05 10:24


Ending his first week in office by quickly putting into action the far-right agenda he promoted during his campaign, Brazilian President Jair Bolsonaro on Thursday unveiled economic proposals that critics says will worsen inequality across Brazil, putting corporate profits above the well-being of middle- and lower-class families.

Privatization of airports and seaports, tax cuts for the rich, pension cuts, and a minimum wage set lower than Bolsonaro's predecessor had planned were among the economic reforms the new president has in store for the country, as it moves toward what the new right-wing government calls a "minimal state."

Webmaster's Commentary: 

Sounds like he'll be good for the folks who hired this guy as President (the One Percenters), but pretty lousy for darned near everyone else in Brazil.

Jan 05 10:13

Before Germany’s Massive Hack, We Learned What Not to Do With Sensitive Stolen Information

Someone has been publishing a massive trove of sensitive personal information—including phone numbers, private chats, family photos, and documents—of dozens of German politicians in what some are calling “the biggest hacker attack” in the country’s history.

On Friday, the leak was the biggest news in Germany, and perhaps in all Europe. German authorities are investigating the incident, and victims are already speaking out about how it’s affecting them.

The leaks first attracted widespread attention in Germany, and subsequently around the world after news outlet RBB first reported on a Twitter account that spread the data. (Twitter has since suspended the account.) The person or people behind it had been posting links to the stolen data since early December, but apparently very few noticed until Thursday, after YouTube celebrity Simon Unge revealed he had been hacked too.

Webmaster's Commentary: 

The goals here may have been both hush money, and embarrassment for those whose systems got hacked.

But this action did remind the world to please, never, EVER store something on a computer which could be hacked, as it is very private data, and Keep communication vanilla.

Jan 05 09:33

Cash Shortage Could Hit Germany Due To Strike

For a second day, money transport drivers across Germany have continued their strike in a temporary work stoppage urged on by Germany's second largest trade union, Ver.di.

Starting Tuesday the union called on the country's 12,500 armed drivers and other personnel who keep the nation's cash flowing — literally as they transport the cash between banks and retail outlets — to halt services after five failed rounds of negotiations in Berlin. Notably, and unlike other European states such as Sweden, in Germany cash remains the preferred method of purchase, with a large number of smaller stores and restaurants often not accepting cards. This makes Germany lucrative for cash handling and security companies that guard and transport physical money, but also particularly vulnerable to a large scale cash-handler strike.

Jan 05 09:27

Who Runs Our World?

Our world is run by oligarchs, the holders of vast wealth from monopolies in banking, resource extraction, manufacturing, and technology. Oligarchs have such power that most of the world doesn’t even know of their influence over our lives. Their overall agenda is global power — a world government, run by them — to be achieved through planned steps of social engineering. The oligarchs remain in the background and have heads of state and entire governments acting in their service. Presidents and prime ministers are their puppets. Bureaucrats and politicians are their factotums.

Jan 05 09:27

2019 Government Shutdown Report: Most & Least Affected States

As the clock struck midnight December 22, 2018, the United States government shut down for the 21st time in history. This time, it’s a less-intense partial shutdown, which occurs when Congress fails to pass necessary appropriations bills. The partial shutdown has lasted into the New Year, hitting the thirteen-day mark on January 3, 2019. For context, the longest shutdown ever was 21 days under President Bill Clinton, and only seven shutdowns have ever lasted ten days or longer. This is the third shutdown under the Trump administration, but the previous ones lasted only one day and three days, respectively.

Jan 05 09:02

The Market Is Still In A Confirmed Downtrend

Jan 05 08:30

Is This Downturn A Repeat of 2008?

Jan 05 08:05

Latest Job Report Is Another Fiction

where the jobs weren't: in any sector that required grossly-overpriced college educations

Jan 04 20:13

Bloodbath on the High Street as it's revealed 125 retailers went bust in the last year

Of those that went bust, 26 were large firms with more than ten stores, such as Toys R Us, Maplin and Poundworld, the report by accountant Deloitte found.

Jan 04 20:11

Britain handing £1.5BILLION to the world's most corrupt countries - despite warnings much of it will be wasted, stolen or seized by terrorists

Analysis of official figures reveals the UK handed more than £1.53billion to the world’s 20 most corrupt countries – up from £1.36billion the previous year.

The £170million – 12 per cent –increase comes despite a string of aid money scandals. UK aid to the most corrupt nations has almost doubled in five years, rising from £814million in 2012.

Jan 04 18:59

UK credit card debt soars to a record £73bn: Fears over family finances after epic borrowing binge in the run-up to Christmas

Credit card debt hit a record high in the run-up to Christmas as British families splashed out, says the Bank of England.

Its figures show households had an outstanding bill of £72.5billion on their credit cards at the end of November – a sign that many people are living beyond their means.

That is up from £70.1billion a year earlier and from £57.2billion five years ago.

Jan 04 18:55

Luxury brands rocked in Apple rout as iPhone sales warning sparks fears posh handbags, shoes and clothes could be hit next

On another day of turmoil on financial markets, Burberry and Mulberry fell sharply in London while Hermes, Louis Vuitton owner LVMH and Gucci and Yves Saint Laurent parent Kering were clobbered on the Continent. And in the US, Michael Kors, Tiffany, Ralph Lauren and Estee Lauder were caught in the sell-off as investors worried that a slowdown in smartphone sales might mean expensive handbags, shoes and clothes could be hit next.

Jan 04 18:26


Bruce Sterling says the future consists of old people, in big cities, afraid of the sky, and, as we all know, China is the future.Generations of brutally imposed limitations on fertility has created a looming demographic crisis in China, as the aging population means fewer and fewer productive workers supporting more and more elderly people.

Jan 04 17:45

Top 5 Countries Opting to Ditch US Dollar & the Reasons Behind Their Move

The past year was full of events that inevitably split the global geopolitical space into two camps: those who still support using US currency as a universal financial tool, and those who are turning their back on the greenback.

Jan 04 15:36

S&P Cuts Brent, WTI 2019 Price Outlook By $10

Jan 04 15:14

The Problem With Wall Street’s Forecasts

Jan 04 14:04

Israel acts at 'military level' amid US sanctions on Iran: Netanyahu

Israeli PM Benjamin Netanyahu says he had “insisted” that the US reimpose sanctions on Iran, adding Tel Aviv complements economic pressures with its own actions "at the military level.”

US President Donald Trump “is acting against Iran at the economic level and we here in Israel are acting against Iran at the military level,” Netanyahu said in an address to Israeli military cadets on Thursday.

By military actions, Netanyahu apparently meant airstrikes against what Israel calls Iranian positions in Syria. Damascus says the attacks are part of Israel's efforts to prop up terrorists in the face of army advances.

Last week, an Israeli intelligence website refuted Tel Aviv's claims that a recent aerial raid in Syria had targeted Iranian military advisers and Hezbollah fighters, saying the attack actually hit Syrian army positions.

Webmaster's Commentary: 

And here is the one thing which could make this really sticky; it's Russia, Russia's military position in Syria, and Putin's relationship with Syria's al Assad.

One must wonder; what happens when and Israeli and Russian fighter jets start attacking each other?!? Because should this happen, it would involve the US's presence in behalf of Israel, undoubtedly.

I hope that Russia's President Putin and Israel's Prime Minister, Netanyahu, have been having some conversations about preventing such a situation, which could evolve into a world war.

Jan 04 14:02

Apple stock has dropped 38 percent in 90 days

Jan 04 13:54

The Man Who Lives Without Money

Jan 04 13:42

What’s behind US labeling China a ‘threat’ & what if trade talks fail? Keiser Report weighs in

China undermines US monopoly, making cheaper goods and equipment America cannot spy on, veteran economist Michael Hudson told RT’s Max Keiser. He warns that the world is to split if the two powers fail to settle their row.
Washington cannot stand and feels insecure when it cannot totally control other countries, allowing it to make others do “whatever we want in foreign policy and treat you like we are treating Iran,” professor of economics at the University of Missouri and a researcher at the Levy Economics Institute explained in a New Year’s special of Keiser Report.

The same applies if the US is unable to put spyware in different devices, the analyst added. But China manufactures its own chips among other high technology equipment thus making this mission impossible.

China is making telephones and computer equipment that we can’t spy on and that is a threat to our national security because they’re interfering with our ability to spy on you and on it,” Hudson said.

Webmaster's Commentary: 

I am hoping (and praying) that things at this meeting go well.

If not, we could be looking at the results of this "fracturing world" end in a world war.

Jan 04 13:29

Tijuana: Fed Up & On "On The Brink"

The financial burden on the border city is only one cost. Add in crime, illness, and unsanitary conditions...

As thousands of immigrants gather in Tijuana after a months-long march through poverty-stricken countries to reach the Calexico border, it appears the Guatemalan, Salvadoran, and Honduran wannabe refugees are receiving an unhealthy dose of reality.

Their promised America — mostly advertised as a life replete with bountiful resources, including unending welfare, free child care, and high-paying jobs for the uneducated — refuses to process the entire lot. And as a government scale-back and standoff over border security tediously plods along, legal immigration into the United States is held in perpetual limbo.

What could possibly go wrong?

As Host Cities Go

Webmaster's Commentary: 

If you don't want a situation like this to metastasize in the towns and cities where you live, please support President Trump on this issue.