ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Apr 22 15:14

9 States Running Out of Water

Apr 22 15:08

The MOST Dangerous Time To Invest

Apr 22 14:58

MORE Insider Warnings of Financial Collapse !

Apr 22 14:17

Market Decision Point Approaching

Apr 22 12:55

Banned: Banks Say You Can No Longer Store Cash or Precious Metals In Your Safe Deposit Box

This is how the scam to pillage your life savings is going to work...

Apr 22 11:59

Time to Wake up to some Realities on the Iran Deal

Too many cooks spoil the broth, and that appears to be precisely what the Senate had in mind.

Evidently Obama has concluded that a veto-proof majority in both Houses stood behind the Foreign Relations Committee bill, and reluctantly conceded. But that wrests control of the process out of the hands of the Administration. The Iran deal may have died this afternoon.

To make sense of the events that have led to the current negotiations over Iran’s so-called nuclear ambitions, certain elemental realities should be highlighted:

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Apr 22 11:12

Automakers Want to Outlaw Gearheads From Working on Their Own Cars

Claiming that modern vehicles are “too complex” for home mechanics to fix, automakers are seeking copyright restrictions to prevent gearheads from working on their own cars.

Webmaster's Commentary: 

I don't want to own a car too complex for me to work on! There is a clear market need for a simple and reliable car that owners can maintain and repair themselves.

Apr 22 11:10

Anti-War Activist: West Hooked Ukraine on Loans, Like a Junkie on Drugs

The US agreed on Monday to provide almost $18 million in additional humanitarian aid for Ukraine, including shipments of supplies and funding for projects in areas affected by fighting. Veteran activist Joe Iosbaker spoke with Radio Sputnik about what he thinks this aid really means for the US' role in the region.

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Apr 22 11:07

Pentagon Wars

Webmaster's Commentary: 

A reader informs me that the film I mentioned in yesterday's radio show, "The Pentagon Wars" is on YouTube in its entirety. It probably won't stay there because of copyright violation, but while it is there you might wish to take a look. It is a funny film, based on the true story of the Bradley Infantry Fighting vehicle. Directed by Richard Benjamin, and starring Kelsey Grammer and Cary Elwes.

Apr 22 10:56

WATCH: Are we in a profit recession?

Apr 22 10:55

5 Corporations Sucking California Dry During the Drought

As most people in the country know by now, California is currently suffering from a severe, record-breaking drought. In fact, it’s the worst drought in 1,200 years. While Governor Jerry Brown recently issued a mandate for people to start conserving water, large corporations use up and waste vastly more water than individuals and small businesses, often in ways that are detrimental to the environment.

Let’s take a look at five of the most massive corporations in California that are the worst culprits when it comes to wasting water:

Apr 22 10:53

Detroit Just Had the Single Largest Tax Foreclosure in American History

Unlike so many industrial innovations, the revolving door was not developed in Detroit. It took its first spin in Philadelphia in 1888, the brainchild of Theophilus Van Kannel, the soon-to-be founder of the Van Kannel Revolving Door Company. Its purpose was twofold: to better insulate buildings from the cold and to allow greater numbers of people easier entry at any given time.

On March 31st at the Wayne Country Treasurer's Office, that Victorian-era invention was accomplishing neither objective. Then again, no door in the history of architecture—rotating or otherwise—could have accommodated the latest perversity Detroit officials were inflicting on city residents: the potential eviction of tens of thousands, possibly as many as 100,000 people, all at precisely the same time.

Apr 22 10:51

Fast Tracking Democracy to Hell: Why the Trans-Pacific Partnership Is a Rotten Deal

Free traders in Congress formally proposed last week that lawmakers relax, put their feet up and neglect the rigor of legislative review for the Trans-Pacific Partnership (TPP) trade scheme.

The TPP is a secret deal among 12 Pacific Rim nations that was covertly negotiated by unelected officials and corporate bosses. It’s so clandestine that lawmakers elected to represent the American people were refused access to the deliberations. It would expand secret trade tribunals that corporations use to sue governments over democratically established laws and win compensation from taxpayers.

Apr 22 10:47

Yet Another MSNBC Host Owes Thousands In Taxes

Apr 22 10:29

First Chinese state-owned company announces bond default

Baoding Tianwei Group, owned by the China South Industries Group, has become the country’s first state-owned company to announce a default on its bonds traded in mainland China, after failing to pay $13.8 million in interest.

Apr 22 10:26

The Coming ''Brain Chip''

By Brandon Turbeville

Interestingly, a 2007 clip from NBC News has, for some reason, been making the rounds on the Internet once again as if it were being broadcast for the first time. This clip and the accompanying commentary has served to galvanize those reading and listening to it into one of two camps: one that is subject to overhype, “clickbait” titles and panic; and another that is firmly entrenched in the American sheep class for whom no bad news or reports of malfeasance is real or anything other than a conspiracy theory.

This is because the NBC clip is an issue that would affect each and every individual in the country on a deeply personal level. Entitled, “The Year 2017,” the report predicts a near future in which every American will be microchipped by the year 2017...

Let's look at the deeper history...

Apr 22 10:06

Japan pleased with expansion of ties with Iran: Japanese PM

In the meeting held on the sidelines of the 60th Asia-Africa Summit Meeting in Indonesia the two sides in addition to reviewing bilateral relations exchanged views on most important regional and international issues.

President Rouhani and Prime Minister Abe both agreed that further expansion of Tehran-Tokyo comprehensive relations and cooperation under the current conditions was a must.

Apr 22 10:04

Propaganda Works: A Significant Majority Of Americans Think The Economy Is Good… And Only Getting Better

For the first time since President Obama took office a significant majority of Americans give the economy two thumbs up...

Apr 22 10:00

Twilight Zone Economics

The US government has annual income of approximately $3 Trillion and official debt in excess of $18 Trillion. This does not count other liabilities such as Fannie and Freddie, and massive unfunded liabilities. But assuming “only” $18 Trillion in debt (optimistic) the US has the same ratio as a family with $60K income and $360K in credit card debt.

But this is not recognized as a problem because the Treasury sells bonds and the Fed “prints” the currency to buy the bonds. Debt increases and the US government spends. Life is good for politicians and bankers.

Apr 22 09:49

McDonald’s Reports Steeper Profit Drop

McDonald’s Corp. said its sales are continuing to struggle as efforts by its new chief executive to win back customers in the U.S. haven’t paid off yet.

Apr 22 09:49

Could massive EU-US trade deal be extended to Israel?

There are many reasons to oppose the planned Transatlantic Trade and Investment Partnership (TTIP).

It is designed to make capitalism the only permissible system in both the US and the European Union. It is being negotiated in a secretive and anti-democratic fashion. The groundwork for it has been laid by an unholy alliance of banks and the manufacturers of cigarettes, cars and chemicals.

And it may be extended to Israel.

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Apr 22 09:31

Nomi Prins: The World Is In Play

Apr 22 09:17

This Is What Happens If Venezuela Implodes

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Apr 22 09:11

The World Has Slipped Into A “Twilight Zone” Of Economic Insanity And Lost Touch With Real Assets.

Swiss Interest yields out to 10 years are currently negative. German yields are negative. What rational person will “invest” euros with a guarantee of negative earnings for 10 years in an unstable currency that might not even exist in a few years? This bond market insanity arose from weak economies, bad management, corrupt banking, and controlled markets.

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Apr 22 09:06

How the New Flexible Economy Is Making Workers’ Lives Hell

These days it’s not unusual for someone on the way to work to receive a text message from her employer saying she’s not needed right then.

Although she’s already found someone to pick up her kid from school and arranged for childcare, the work is no longer available and she won’t be paid for it.

Just-in-time scheduling like this is the latest new thing, designed to make retail outlets, restaurants, hotels, and other customer-driven businesses more nimble and keep costs to a minimum.

Software can now predict up-to-the-minute staffing needs on the basis of information such as traffic patterns, weather, and sales merely hours or possibly minutes before.

This way, employers don’t need to pay anyone to be at work unless they’re really needed. Companies can avoid paying wages to workers who’d otherwise just sit around.

Apr 22 09:05

Is The U.S. Food Supply Cursed?

Apr 22 08:41

BP sees 'massive' shock for North Sea as oil glut deepens

The North Sea oil industry faces a drastic squeeze as the world’s crude glut worsens, BP has warned.

“We’re going to see massive restructuring,” Bob Dudley, chief executive, said. “The North Sea is a very high cost basin and it is going to be a painful adjustment.”

Mr Dudley told the IHS CERAweek forum in Houston, Texas, that the latest tax cuts in the Budget will help margins but do not go far enough to avert a bloodbath for smaller drillers and exploration companies.

Apr 22 08:36

Crisis? What crisis? How politicians ignore the existence of food banks

It’s like Groundhog Day. A report into food bank use is published. There are more people now than there were last year, month, week using them. Many people are referred to food banks due to delays and cuts to their benefits. Of the remaining referrals, a significant number are in low-paid, insecure work.

You might be forgiven for thinking that the UK doesn’t have a food bank problem, so absent have they been from the election debates and manifesto launches of the past few weeks. Yet the sharp rise in the number of people going hungry in our country seems to be an indicator that something has gone horribly wrong.

In 2009-10, the Trussel Trust’s food banks helped 41,000 people. This has risen to 1.1 million over the past year.

Apr 22 08:35

Collecting Taxes Might Just Be a ‘War Crime’ in Hawaii

WEBMASTER ADDITION: See also Hawaii is not legally a state!

Apr 22 08:29

Tesco reports record £6.4bn loss

Supermarket company reports worst results in its 96-year history and UK’s biggest retail loss as company undergoes latest shakeup under new boss Dave Lewis

Apr 22 08:11

PAPER: Will Fed ever raise rates again?

Apr 22 08:09

Orange “Toyota” Paul Walker Of “Fast And The Furious” Put Up For Auction

On the off chance that you’ve needed to claim an arrangement of wheels like Dom, Brian and the posse, now is your possibility.

The orange 1993 Toyota Supra that was utilized as a trick auto as a part of key scenes in the first The Fast and the Furious film is hitting the bartering square. The vehicle is recorded by Mecum Auctions and will be accessible to the top bidder amid their Indy 2015 occasion, occurring May 12-17 in Indianapolis.

http://whatisusa.info/orange-toyota-paul-walker-of-fast-and-the-furiou...

Apr 22 07:29

TECHNO FASCISM: DHS TO OPEN UP SHOP IN SILICON VALLEY

The Department of Homeland Security is setting up shop in Google's territory. DHS is close to opening a branch in Silicon Valley to help tighten the tech industry's computer security -- and conscript its top talent, the department's top official announced Tuesday. The move is part of a larger attempt to build a bridge between West Coast Web giants and the government, after 2013 revelations of online surveillance soured many in the industry on the concept of public-private partnerships.

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