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America Is Exhibiting All of the Signs of a Failing Empire

October 10th, 2015
Categories: World, War, Economic, Politics

Link: http://www.washingtonsblog.com/2015/10/america-is-exhibiting-all-of-the-signs-of-a-failing-empire.html

Colonel Lawrence Wilkerson – former chief of staff to Colin Powell; the U.S. is exhibiting all of the signs of a failing empire, including: Relying on massive military force (and using gigantic complexes to support it) as the be-all and end-all of power, and belittling diplomacy/ Maintaining standing armies, instead of disbanding military forces between wars. Using more mercenary forces than citizen troops. Spending disproportionately large amounts of blood and treasure in order to counter threats on the status quo … which simply exacerbates the threat against the empire. Going ethically and morally bankrupt. Ending up up having bankers and financiers end up running the real power. Suffering great hiccups in finance and trade. The leaders no longer really believe in or follow the ideals of the founders

Hundreds of Thousands March in Berlin Against TTIP Trade Deal

October 10th, 2015
Categories: World, Economic

Link: http://www.commondreams.org/news/2015/10/10/hundreds-thousands-march-berlin-against-ttip-trade-deal

Hundreds of thousands of people rallied on Saturday afternoon in the German capital against the massive Transatlantic Trade and Investment Partnership (TTIP) accord being negotiated by the European Union and the United States. Critics say the trade deal will benefit large corporations at the expense of average Europeans. erode labor and environmental standards.

World Bank Says Mass Migration Is Good For The Economy

October 9th, 2015
Categories: World, Economic

Link: http://investmentwatchblog.com/world-bank-says-mass-migration-is-good-for-the-economy/

World Bank have released a report saying that the current large-scale mass migration happening around the world, could have a positive effect in the global economy in the coming decades. “Most of the evidence suggests that migrants will work hard and contribute more in taxes than they consume in social services.”

$3 trillion corporate credit crunch looms as debtors face day of reckoning, says IMF

October 9th, 2015
Categories: World, Economic

Link: http://www.telegraph.co.uk/finance/economics/11916485/3-trillion-corporate-credit-crunch-looms-as-debtors-face-day-of-reckoning.html

Emerging market companies have "over-borrowed" by $3 trillion in the last decade, reflecting a quadrupling of private sector debt between 2004 and 2014, found the IMF's Global Financial Stability Report. This dangerous over-leveraging now threatens to unleash a wave of defaults that will imperil an already weak global economy

Will The Discovery Of Huge Amounts Of Oil In Israel Lead To War In The Middle East?

October 8th, 2015
Categories: World, Middle East, Economic

Link: http://endoftheamericandream.com/

Billions of barrels of oil have been discovered in Israel, and this discovery could essentially make Israel energy independent for many decades to come. But there is just one problem. This discovery was made in the Golan Heights.

ONLY 8% of the world’s currency is physical money, the rest only exists on computers.

October 8th, 2015
Categories: World, Economic

Link: http://investmentwatchblog.com/only-8-of-the-worlds-currency-is-physical-money-the-rest-only-exists-on-computers/

Purchases can be made through a Web site, with the funds drawn out of an Internet bank account, where the money was originally deposited electronically. People are earning and spending money without ever touching it.

China Launches Yuan-Based International Payment System

October 8th, 2015
Categories: World, Economic

Link: http://sputniknews.com/business/20151008/1028228289.html

China launched the first phase of its China International Payment System (CIPS) in Shanghai on Thursday, allowing cross-border transactions in the Chinese national currency, the yuan. Up to 19 major banks were named as direct participants in CIPS, with 38 Chinese banks and up to 140 foreign financial institutions named as indirect participants.

Whole Foods Market to cut about 1,500 jobs

October 8th, 2015
Categories: Economic

Link: http://govtslaves.info/whole-foods-market-to-cut-about-1500-jobs/

Upscale food market operator Whole Foods Market said it would cut about 1,500 jobs, or about 1.6 percent of its workforce, over the next eight weeks.

Meet the Secretive Committees that Run the Global Economy

October 8th, 2015
Categories: World, Economic

Link: http://www.occupy.com/article/meet-secretive-committees-run-global-economy

There exists an overlapping and highly integrated network of institutions, committees and secret meetings of ad-hoc groups that collectively run the global economy. This network consists of finance ministries, central banks, international organizations and the various conferences and confabs that bring them together. This network is responsible for facilitating global financial diplomacy and managing the architecture of global financial governance. It is the most powerful and informal political structure in the world. United States at the center of the system.

China, Russia, Norway, Brazil, Taiwan Dump US Treasuris

October 8th, 2015
Categories: Economic

Link: http://wolfstreet.com/2015/10/08/china-russia-norway-brazil-taiwan-dump-us-treasuries/

Five large purchasers of US Treasuries – China, Russia, Norway, Brazil, and Taiwan – have changed their minds. They’re dumping Treasuries, each for their own reasons that are now coinciding. And at the fastest rate on record. For the 12-month period ended July, sales of Treasuries by central banks around the world reached a net of $123 billion, “the biggest decline since data started to be collected in 1978,

Monsanto to Cut 2,600 Jobs as GMO Seed Sales Fall

October 8th, 2015
Categories: Nature, Environment, Economic, Health

Link: http://naturalsociety.com/monsanto-to-cut-2600-jobs-as-gmo-seed-sales-fall/

“Monsanto one of the world’s largest seed and agrichemical companies slashing 2,600 jobs. Sales of corn seeds Monsanto’s key products, fell 5 percent, sales at the company’s agricultural productivity unit, which includes Roundup herbicide, dropped 12 percent.

'The People Are Livid': 100,000 March Against 'Pick-Pocket' Austerity in Brussels

October 7th, 2015
Categories: World, Economic

Link: http://www.commondreams.org/news/2015/10/07/people-are-livid-100000-march-against-pick-pocket-austerity-brussels

Anti-austerity demonstrations in Belgium on Wednesday drew tens of thousands of people—some of whom clashed with police and were sprayed by water cannons as they marched through Brussels demanding an end to new measures which they say unfairly target workers and favor corporations.

China’s yuan joins top 4 global currencies

October 6th, 2015
Categories: World, Economic

The Chinese yuan became the fourth most-used currency for cross-border payments in August, according to global transaction services organization SWIFT. It’s the first time, the yuan has moved ahead of the Japanese yen. There was a “substantial” increase in the use of the Chinese currency in the final week of August.

How The Chinese Will Establish A New Financial Order

October 5th, 2015
Categories: World, Economic

Link: http://www.zerohedge.com/news/2015-10-05/how-chinese-will-establish-new-financial-order

The Chinese “State Administration of Foreign Exchange” (SAFE) is now engaged in a full-fledged currency war with the United States. The ultimate goal – as the Chinese have publicly stated – is to cre­ate a new dominant world currency, dislodge the U.S. dollar from its current reserve role, and recover as much of the $1.5 trillion the U.S. government has borrowed as possible.

Trading Meat For Tires As Bartering Economy Grows In Greece

October 5th, 2015
Categories: World, Economic

Link: http://thomasdishaw.com/trading-meat-for-tires-as-bartering-economy-grows-in-greece/

If you don’t have a skill, trade or service to offer the bartering economy you may be doomed when all hell breaks loose. Greece bartering is gaining traction, people exchange fruits, vegetables, other crops, equipment, clothing and services. Athens online barter club, Tradenow, created its own currency called tradepoints. More convenient to trade because money not readily available.”

Koch Brothers Backing Misleading Anti-Solar Campaign in Florida

October 4th, 2015
Categories: Environment, Economic, Politics

Link: http://www.truth-out.org/news/item/33084-koch-brothers-backing-misleading-anti-solar-campaign-in-florida

The Koch brothers and utility giants are bankrolling a ballot initiative in Florida to block the development of home solar and to protect the utilities' continuing oligopoly on energy generation in the Sunshine State.

Hershey, Mars, Nestlé Sued for Sourcing Cocoa from Suppliers That Use Child Slaves

October 4th, 2015
Categories: World, Economic

Link: http://www.activistpost.com/2015/10/hershey-mars-nestle-sued-for-sourcing-cocoa-from-suppliers-that-use-child-slaves.html

The consumer rights law firm known as Hagens Berman filed a lawsuit against Hershey, Mars, and Nestlé on Monday, on the behalf of three California residents. The crux of the lawsuit suggests that these companies not only knowingly sourced their cocoa from farms in West Africa that used child labor (and in many cases, child slave labor) but that they broke California state law by failing to disclose this fact on the packaging of their products.

High electric rates, frequent outages — fed up customers pull smart meters - Video

October 3rd, 2015
Categories: World, Economic, Health

Link: https://www.intellihub.com/high-electric-rates-frequent-outages-fed-up-customers-pull-smart-meters/

DOMINICAN REPUBLIC (INTELLIHUB) — Last week hundreds of customers removed their smart meters in protest of high electricity costs, almost double of last month’s, and frequent outages.
Smart meters are known to be bad for human health and may cause cancer.

"Employees Are Bitter" as Whole Foods Chops Jobs and Wages

October 3rd, 2015
Categories: Economic, Politics

Link: http://www.motherjones.com/tom-philpott/2015/09/whole-foods-bob-mackey-job-wage-cuts-unions-wall-street

Whole Foods Market co-CEO and co-founder John Mackey: most employees feel that unions are not necessary to represent them," "Why would they want to join a union? We're not so much anti-union as beyond unions.”Whole Foods stock has lost 40 percent of its value since February.

Agricultural Workers Diagnosed with Cancer Sue Monsanto

October 1st, 2015
Categories: Nature, Environment, Economic, Health

Link: http://naturalsociety.com/u-s-agricultural-workers-diagnosed-with-cancer-sue-monsanto/

Monsanto is being sued again, this time by 2 separate agricultural workers who allege the agribusiness’ Roundup herbicide caused their cancers.

Noam Chomsky: How the Word 'Liberal' Has Been Totally Distorted in America

October 1st, 2015
Categories: Economic, Politics

Link: http://www.alternet.org/news-amp-politics/noam-chomsky-how-word-liberal-has-been-totally-distorted-america

There is only one party in the United States, the Property Party…and it has two right wings: Republican and Democrat. “Both parties have shifted well to the right, the Republicans almost off the spectrum, supporting candidates that thrive on victim blaming, and will greenlight stricter theocratic legislation. Democrats are mostly what used to be called ‘moderate Republicans.’ Plutocracy masquerading as democracy.”

Top 10 Toxic Fake Food Items Produced In China

October 1st, 2015
Categories: Nature, World, Economic, Health

Link: http://www.naturalblaze.com/2015/10/top-10-toxic-fake-food-items-produced-in-china.html

Fake eggs.“Alginic Acid, Potassium Alum, Gelatin, Calcium Chloride, water and artificial color.”. Walnuts stuffed with concrete pieces inside. Pork sold as beef. Fake green peas. Baby formula made of chalk, led to dozens of children dying. Industrial salt sold as table salt, unfit for human consumption“ Mud sold as black pepper. Fake Sweet Potato Noodles with industrial ink and paraffin wax. Fake Ginseng, 70% sugar. Plastic Rice. Pork buns stuffed with cardboard.

The Plot to Make Retired Coal Miners Broke

October 1st, 2015
Categories: Economic

Link: http://www.thedailybeast.com/articles/2015/10/01/the-plot-to-make-retired-coal-miners-broke.html

Plan was filed in U.S. bankruptcy court in Richmond, Virginia, last week,: 208 retired miners, wives, and widows in southern Indiana who have no direct connection to Patriot Coal. Millions of dollars earmarked for their health care as they age would effectively be diverted instead to legal fees and other bills from the bankruptcy.

The 9 Most Expensive Medicines in the World—Courtesy of Big Pharma

September 30th, 2015
Categories: Economic, Science, Health

Link: http://www.alternet.org/personal-health/9-most-expensive-medicines-world-courtesy-big-pharma

9. Myozyme cost: $100,000 to $300,000 per year Used to treat a rare debilitating disease called Pompe, attacks the skeletal muscles and the heart. 8. Acthar cost: $300,000 per year Used to treat seizures in infants under the age of two. 7. Folotyn cost: $320,000 a year Used to fight a rare and aggressive cancer, T-cell lymphoma. 6. Cinryze cost: $350,000 a year. Used to treat angioedema, a hereditary disease affecting causes swelling of the hands, throat and abdomen. Made from human blood. 5. Naglazyme cost: $365,000 a year. Used to treat a children’s disease known as Maroteaux-Lamy syndrome, which affects connective tissue.4. Elaprase cost: $375,000 a year Treats Hunter syndrome, inhibits physical growth and brain development. 3. Vimizim cost: $380,000 a year Enzyme replace treatment used to treat Morquio A syndrome,resulting in abnormal heart and skeletal development. 2. Soliris cost: $440,000 a yearMost expensive drug in the United States. treating paroxysmal nocturnal hemoglobinuria, destroys red blood cells, making the patient susceptible to infection, anemia and blood clots. 1. Glybera cost: $1.21 million a year “Most Expensive Drug in the Entire World” used to treat a condition called familial lipoprotein lipase deficiency, causes extremely painful swelling of the pancreas.

Big Pharma in death throes? Drug companies jack up prices as economically strained Americans seek affordable alternatives

September 30th, 2015
Categories: Economic, Health

Link: http://investmentwatchblog.com/big-pharma-in-death-throes-drug-companies-jack-up-prices-as-economically-strained-americans-seek-affordable-alternatives/

Turing Pharmaceuticals Daraprim raised price of each Daraprim tablet from $13.50 to $750. A few years ago, cost only $1 a tablet. Rodelis Therapeutics drug Cycloserine, jacked up the price of 30 pills from $500 to $10,800. Valeant Pharmaceuticals heart drug Isuprel, raised the price by 525 percent, ultimately drawing a Congressional investigation. Antibiotic Doxycycline up from $20 a bottle in October 2013 to $1,849 by April 2014.

How Much of Big Pharma's Massive Profits Are Used to Influence Politicians?

September 30th, 2015
Categories: Economic, Politics, Health

Link: http://www.truth-out.org/news/item/33010-how-much-of-big-pharma-s-massive-profits-are-used-to-influence-politicians

Large pharmaceutical firms are some of the most profitable companies in the world, hundreds of millions of dollars are also spent on political operations every year, injected $51 million into the 2012 federal elections. Consumers in the United States pay some of the highest prices in the world for many life-saving drugs.

Disastrous Third Quarter Wipes $11 Trln Off Global Economy

September 30th, 2015
Categories: World, Economic

Link: http://sputniknews.com/business/20150930/1027782877/third-quarter-disaster.html

Imbalances in international trade, the dollar’s strength, low commodity prices and capital flight from emerging markets have all contributed to the increased financial and economic risks this outgoing quarter.

Cuba Developed a $1 Lung Cancer Vaccine but We Can’t Have It

September 29th, 2015
Categories: World, Economic, Health

Link: http://www.wakingtimes.com/2015/09/29/cuba-developed-a-1-lung-cancer-vaccine-that-works-but-we-cant-have-it/

Drug called CimaVax EGF, now one of the most effective medications to treat lung cancer. Works by limiting a patient’s ability to produce a hormone called EGF, has been shown to play a pivotal role in cell division and growth of malignant cells, stopping the tumor’s growth. The vaccine improves survival rates in those who are suffering from later, usually terminal, stages of lung cancer. Cuba has offered the lung cancer vaccine to the U.S., is finding fierce competition in the US marketplace.

Decline in Commodity Prices Stirring Risks of Global Crisis

September 29th, 2015
Categories: World, Economic

Link: http://sputniknews.com/business/20150929/1027726259.html

Raw materials have slumped over 50% since 2011, resulting in many nations hit by underinvestment, rising poverty and corporate bankruptcies stemming from the overproduction glut in the global commodity market.

Trump Just Said What Others Feared To Say: Unemployment Rate Might Be 42% - Video

September 28th, 2015
Categories: Economic, Politics

Link: http://investmentwatchblog.com/trump-just-said-what-others-feared-to-say-unemployment-rate-might-be-42/

No other candidate has dared tread here.“I’ve seen numbers like 24%. I actually saw a number of 42% unemployment. 42%. And it could be.”

French Trade Minister Slams Secrecy Over TTIP Deal

September 28th, 2015
Categories: World, Economic, Politics

Link: http://sputniknews.com/europe/20150928/1027662990/us-eu-ttip-talks-secrecy.html

French trade minister Mathias Fekl has criticized the negotiations for the Transatlantic Trade and Investment Partnership (TTIP) EU-US free trade agreement as being "not transparent", warning the talks could come to an end.

Governmental financial support for Tepco summed up to 6 Trillion yen

September 28th, 2015
Categories: Environment, World, Economic

Link: http://fukushima-diary.com/2015/09/governmental-financial-support-for-tepco-summed-up-to-6-trillion-yen/

On 9/28/2015, Tepco announced they are going to receive the 44th financial support from the government of Japan. The received value is 412 Billion yen (411,800,000,000 yen) from NDF (the Nuclear Damage Compensation and Decommissioning Facilitation Corporation). Tepco had already received 5.3 Trillion yen of financial support.

Is Glencore The Next Lehman? The World’s Largest Commodities Trading Company Is Toast

September 28th, 2015
Categories: World, Economic

Link: http://theeconomiccollapseblog.com/archives/is-glencore-the-next-lehman-the-worlds-largest-commodities-trading-company-is-toast

Glencore largest commodities trading company on the entire planet, 10th biggest company in the world, linked to trillions of dollars of derivatives trades globally, if the firm were to implode it would be a financial disaster unlike anything we have seen. The stock price was down nearly 30 percent Monday, overall Glencore stock plunged 80 percent since May.

Paul Craig Roberts Warns "The Entire World May Go Down The Tubes Together"

September 26th, 2015
Categories: World, Economic, Politics

Link: http://www.zerohedge.com/news/2015-09-26/paul-craig-roberts-warns-entire-world-may-go-down-tubes-together

Washington is a black hole into which all sanity is sucked out of government deliberations. Washington’s failures are everywhere visible; in wars, approach to China and Russia. Washington considers countries with independent foreign policies to be threats. Real basis of US power—its economy—continues to crumble. Jobs have disappeared by the millions. Washington’s principal objective is to prevent the rise of countries that could be sufficiently powerful to resist American hegemony.

Canada Sued for Trying to Lower Price on World’s Most Expensive Drug

September 26th, 2015
Categories: World, Economic, Health

Link: http://sputniknews.com/us/20150926/1027559891.html

Alexion Pharmaceuticals arguing Canada has no authority to force lower prices for Soliris, only drug produced by Alexion; earned revenues of more than $6 billion last eight years, one year of therapy in Canada costs $700,000, absolutely necessary for two rare blood disorders that affect only one in a million people.

Pope beseeches world leaders to protect the environment

September 25th, 2015
Categories: Nature, Environment, World, Economic, Politics, Health

Link: http://america.aljazeera.com/articles/2015/9/25/pope-beseeches1.html

Pope Francis: there is a “right of the environment” and mankind has no authority to abuse it, telling more than 100 world leaders and diplomats at the United Nations urgent action is needed to halt the destruction of God's creation. Accused the world's powerful countries of indulging a “selfish and boundless thirst” for money by ravaging the planet's natural resources and impoverishing the weak and disadvantaged in the process.

The Stock Markets Of The 10 Largest Global Economies Are All Crashing

September 25th, 2015
Categories: World, Economic

Link: http://www.activistpost.com/2015/09/the-stock-markets-of-the-10-largest-global-economies-are-all-crashing.html

The United States – The Dow Jones Industrial Average is down more than 2000 points

China – The Shanghai Composite Index has plummeted nearly 40 percent manufacturing index has hit a 78-month low.

Japan – The Nikkei down more than 3000 points

Germany – Almost one-fourth of the value of German stocks wiped out,

The United Kingdom – British stocks down 16 percent economy is definitely on shaky ground.

France – French stocks declined 18 percent,

Brazil – Brazil is the epicenter of the South American financial crisis of 2015. Stocks plunged more than 12,000 points

Italy – stocks down 15 percent,

India – Stocks dropped 4000 points, concern about this major exporting nation as global trade continues to contract.

How Big Pharma Is Price-Gouging You

September 24th, 2015
Categories: World, Economic, Health

Link: http://www.alternet.org/economy/how-big-pharma-price-gouging-you

. Every other wealthy country has some system of price controls or negotiated prices where the government limits the extent to which drug companies can exploit the monopoly it has given them. The result is that we pay roughly twice as much for our drugs as the average for other wealthy countries.

Kellogg’s Kashi Brand to Pay $4 Million over “All Natural” False Advertising Lawsuit

September 24th, 2015
Categories: Nature, Environment, Economic, Health

Link: http://naturalsociety.com/kelloggs-kashi-brand-to-pay-4-million-over-all-natural-false-advertising-lawsuit/

Kashi will pay $4 million in a false advertising lawsuit put forth in Florida. The lawsuit claimed that Kellogg’s, the parent company for Kashi, advertised an “all natural” (GM-free) product that was, in reality, full of genetically modified ingredients.

Los Angeles declares 'state of emergency' over homelessness crisis

September 23rd, 2015
Categories: Economic, Politics

Link: http://www.presstv.ir/Detail/2015/09/23/430370/homelessness-Los-Angeles-state-of-emergency

Mayor Eric Garcetti seven city council members in Los Angeles, California, have declared a “state of emergency” over the rising problem of homelessness and poverty in the second largest city in the United States. Los Angeles officials proposed spending $100 million to provide permanent housing and shelters to help the city's 26,000 homeless.

Uruguay Does Unthinkable, Rejects Global Corporatocracy

September 23rd, 2015
Categories: World, Economic, Politics

Link: http://www.blacklistednews.com/Uruguay_Does_Unthinkable%2C_Rejects_Global_Corporatocracy/46300/0/38/38/Y/M.html

Uruguay’s government decided to end its participation in the secret negotiations of the Trade in Services Agreement (TISA). After months of intense pressure led by unions and other grassroots movements that culminated in a national general strike on the issue.

Colombia Ending US Eradication Program, Revamps Drug Policy

September 23rd, 2015
Categories: Nature, Environment, World, Economic, Politics, Health

Link: http://sputniknews.com/latam/20150923/1027374329/colombia-drug-war-roundup-cocaine.html

Colombia to end aerial spraying of herbicides on coca crops after the World Health Organization said the popular weed killer glyphosate probably causes cancer.
Over the past 20 years, more than 4 million acres in Colombia have been sprayed with glyphosate to kill coca plants, growers who move from coca to alternative crops will receive financial and technical assistance.

In New York City, Workers With Full Time Jobs Are Living In Homeless Shelters

September 22nd, 2015
Categories: News, Economic, Politics

Link: http://www.zerohedge.com/news/2015-09-22/new-york-city-workers-full-time-jobs-are-living-homeless-shelters

Dilcy Benn, president of the union’s Local 1505, said more than 100 of the 1,000 parks workers she represents are living in shelters and at least another four are living on the streets on Staten Island and The Bronx. Median rent is $2,690 a month. Unclear how many members were homeless before they began working for the city. The city’s Department of Homeless Services refused to comment. Financial service industry bonuses were saved.

Wall Street investors buying up farmland

September 22nd, 2015
Categories: Economic

Link: http://govtslaves.info/wall-street-investors-buying-up-farmland/

Investors have turned to farmland as part of a sweeping push into physical assets — everything from lumber, hotels and apartments to parking meters, bridges and highways

Russian Economy Needs to Lower Dependence on Oil Prices - Putin

September 22nd, 2015
Categories: World, Economic

Russian President Vladimir Putin assessed the economic situation in Russia as challenging but not critical and called on economic policymakers to preserve the role of the federal budget as the leading instrument of development, reduce the budget's dependence on oil prices.

Flashback: Monsanto Profits Fell 15% on Weak Sales of GM Seed

September 21st, 2015
Categories: Nature, Environment, Economic, Health

Link: http://naturalsociety.com/remember-monsanto-profits-fall-15-on-weak-sales-of-gm-seed/

Monsanto’s stock did even more poorly than analysts expected last quarter, with its stock taking another 15 percent nose-dive due to a stronger dollar, and weak seed sales.‘’ The company is warning its investors that profits will not maintain previously suggested levels.

Pope Critical of Capitalism: This Empire Throws Away the Young

September 20th, 2015
Categories: World, Economic

Link: http://www.telesurtv.net/english/news/Pope-Critical-of-Capitalism-This-Empire-Throws-Away-the-Young-20150920-0019.html

Pope Francis gave a speech searing into the ills of Western capitalism on Sunday following a meeting with President Raul Castro in Cuba, criticized the culture imposed by capitalism, which worships money and discards anything and anyone that is not lucrative. This empire of money throws away things and throws away people.”

Bitcoin is now officially a commodity

September 20th, 2015
Categories: World, Economic

Link: http://govtslaves.info/bitcoin-is-now-officially-a-commodity/

Bitcoin being designated a commodity by the Commodity Futures Trading Commission, or CFTC putting it on equal footing with physical commodities like gold, silver, and oil.

With Wages Down 5% In 42 Years, Jamie Dimon Says Stop Complaining, At Least You Have An iPhone

September 20th, 2015
Categories: News, Economic

Link: http://www.zerohedge.com/news/2015-09-19/wages-down-5-42-years-jamie-dimon-says-stop-complaining-least-you-have-iphone

For most citizens, the U.S. economy is a neo-feudal Banana Republic oligarch hellhole. JPMorgan CEO Jamie Dimon; “It is true that income inequality has kind of gotten worse,”cutting down on executive compensation wouldn’t help. “It’s not right to say we’re worse off … If you go back 20 years ago, cars were worse, the air was worse. People didn’t have iPhones.”

Big Pharma Company Buys Patent Rights to Life-Saving Drug and Raises Price by 5,000 Percent

September 19th, 2015
Categories: Economic, Health

Link: http://www.activistpost.com/2015/09/big-pharma-company-buys-patent-rights-to-life-saving-drug-and-raises-price-by-5000-percent.html

After purchasing the rights to a drug that prevents infections in people with weakened immune systems, including AIDS patients and cancer survivors undergoing chemotherapy, Turing Pharmaceuticals raised the price of the drug by 5,000%. Instead of paying $13.50 per pill, patients with life-threatening illnesses are now forced to pay $750 per pill.

Up 72 percent from just six years ago, organic farm sales soar

September 19th, 2015
Categories: Environment, Economic, Health

Link: https://www.intellihub.com/up-72-percent-from-just-six-years-ago-organic-farm-sales-soar/

2014 Organic Survey, released Thursday by the USDA’s National Agricultural Statistics Service (NASS), indicated that in addition to the $5.5 billion dollars worth of organic products purchased by consumers last year.

Reykjavik to retract Israel boycott decision

September 19th, 2015
Categories: World, Economic, Politics

Link: http://icelandmonitor.mbl.is/news/politics_and_society/2015/09/19/reykjavik_to_retract_israel_boycott_decision/

The controversial decision by Reykjavik City Council to boycott Israeli products is to be retracted, according to Mayor of Reykjavik, Dagur B. Eggertsson, announced the proposal will be amended to indicate the Council will be boycotting only those goods produced in occupied areas. The Mayor will be recommending that Reykjavik City Council retract the proposal in its current form. A consultation process will follow to decide on the next steps to take.

A Most Virulent Carcinogenic Strain is Running through Mankind – It’s Called Rothschild Zionism.

September 19th, 2015
Categories: World, Zionism, Economic, Politics

Link: http://gmmuk.com/a-most-virulent-carcinogenic-strain-is-running-through-mankind-its-called-rothschild-zionism/

Western politicians & the entire corporate media – TV, Radio, Newspapers, magazines & of course Hollywood itself are virtually all controlled by Zionists, Positions of importance are filled by those who are under the Zionist payroll.

Banks: Catalan independence ‘would threaten financial stability’

September 19th, 2015
Categories: World, Economic, Politics

Major Spanish and European banks warned Friday that Catalonia would put “financial stability” at risk if it separated from Spain and the EU, potentially driving them to abandon the region.

Following years of criticism for refusing to prosecute bankers, the US Department of Justice issued new policies that prioritize the prosecution of individual employees, including executives, not just their companies.

September 19th, 2015
Categories: Economic, Politics

Link: http://investmentwatchblog.com/following-years-of-criticism-for-refusing-to-prosecute-bankers-the-us-department-of-justice-issued-new-policies-that-prioritize-the-prosecution-of-individual-employees-including-executives-not-just/

“Corporations can only commit crimes through flesh-and-blood people,” Sally Q. Yates, the deputy attorney general and the author of the memo. Political power of the banks strong as ever, announcement may only be a public-relations move except to prosecute a few lower-level executives now and then or to punish a higher-level executive who has fallen into disfavor with the cartel.

Bernie Sanders Unveils Bill Attacking Private Prison Industry

September 18th, 2015
Categories: Economic, Politics, Police State

Link: http://www.telesurtv.net/english/news/Bernie-Sanders-Unveils-Bill-Attacking-Private-Prison-Industry-20150918-0008.html

Bernie Sanders introduced a bill that bans private prisons and eliminates quotas for number of immigrants held in detention. Sanders: “We cannot fix our criminal justice system if corporations are allowed to profit from mass incarceration;”incentivizes locking people up for cheap labor, must no longer be an acceptable business model. We have to end the private prison racket in America.

Central Bank of Russia Russia’s Bitruble to be World’s First State-Controlled Cryptocurrency

September 18th, 2015
Categories: World, Economic

Link: http://sputniknews.com/business/20150918/1027204933/russian-national-cryptocurrency.html

Bitruble, a new Russian cryptocurrency, will be issued and circulated under control of Russia's Central Bank. It is expected to compete with Bitcoin and other cryptocurrencies.

Outrage Over Austerity Hits Finland as Thousands Go on Nationwide Strike

September 18th, 2015
Categories: World, Economic, Politics

Link: http://wakeupfromyourslumber.com/outrage-over-austerity-hits-finland-as-thousands-go-on-nationwide-strike/

Finnish Prime Minister Juha Sipilä insisted shortening annual holidays from 38 to 30 working days, halving overtime pay rate increases, cutting Sunday work bonuses, and reducing sick leave pay—are “indispensable” to getting the economy back on track. 30,000 protesters gathered in the nation’s capital of Helsinki.

Global stocks slide on Fed uncertainty

September 18th, 2015
Categories: World, Economic

Link: https://www.rt.com/business/315866-markets-plunge-fed-decision/

The decision by the US Federal Reserve not to raise interest rates has increased international market concerns about the health of the global economy. A broad market selloff followed around the world.

China's Foreign Investment Reaches Historic Maximum of $123Bln in 2014

September 18th, 2015
Categories: World, Economic

Link: http://sputniknews.com/business/20150918/1027190299.html

Zhang Xiangchen highlighted China’s ranking as the world’s third largest investor for three years in a row, while noting that it is the first time export and import levels are balanced.

Former PM Naoto Kan says nuclear power makes little economic sense, must end

September 17th, 2015
Categories: Nature, Environment, World, Economic, Health

Link: http://www.japantimes.co.jp/news/2015/09/16/national/former-pm-naoto-kan-says-nuclear-power-makes-little-economic-sense-must-end/?utm_source=Daily+News+Updates&utm_campaign=597ef1f17d-Thursday_email_updates17_09_2015&utm_medium=email&utm_term=0_c5a6080d40

Minister Naoto Kan said Wednesday that Japan needs to seek a nuclear-free path. It doesn’t make sense economically, and enough energy can be provided without it.” Japan has seen an increase of renewable energy since the Fukushima accident, especially from solar panels.

New Poll Shows Big Pharma and Feds Among Most Hated Institutions in America

September 17th, 2015
Categories: News, Economic, Politics

Link: http://www.activistpost.com/2015/09/americans-hate-big-pharma-and-fed.html

According to a recent Gallup poll published this week, the pharmaceutical industry is one of the most hated industries in the United States. Also topping the list are the federal government and the oil company cartels.

Indian Government Is Launching Its Own Operating System 'BOSS' To Replace Microsoft Windows

September 16th, 2015
Categories: World, Economic, Science

Link: http://www.indiatimes.com/news/india/indian-government-is-launching-its-own-operating-system-boss-to-replace-microsoft-windows-245255.html

Main purpose behind using BOSS is to make Indian IT machinery hack-proof, it will also aid towards scaling down the country-wide use of Microsoft Windows in government offices.

Iceland’s capital declares boycott of all Israeli goods

September 16th, 2015
Categories: World, Zionism, Economic, Politics

Link: http://www.timesofisrael.com/icelandic-capital-boycotts-israeli-goods/

The Reykjavik municipality passed the motion, which approved a boycott of Israeli goods “as long as the occupation of Palestinian territories continues. Israel’s Foreign Ministry condemned the move.

Russian dairy production up 26% in year after food embargo – Putin

September 16th, 2015
Categories: World, Economic

Link: https://www.rt.com/business/315562-putin-russia-import-substitution/

Russian President Vladimir Putin: This year, we have seen an increase in the production of dairy, meat and fish products - by 26 percent, five percent and six percent respectively. Russia is ready for cooperation in import substitution with Kazakhstan and other countries from the Eurasian Economic Union.

China Liquidated A Record $83 Billion In Treasurys In July

September 16th, 2015
Categories: World, Economic

Link: http://www.zerohedge.com/news/2015-09-16/us-treasury-just-confirmed-china-liquidated-record-83-billion-treasurys-july

China has already dumped a record total $107 billion in US Treasurys in 2015 to offset what is now quite clear capital flight from the mainland, and the most aggressive attempt to keep the Renminbi stable."

Seven years since the Wall Street crash

September 15th, 2015
Categories: World, Economic

Link: http://www.wsws.org/en/articles/2015/09/15/pers-s15.html

Central banks around the world continually increase the supply of ultra-cheap money—the US Federal Reserve pumped out more than $4 trillion—to finance the speculation and parasitism of banks and finance houses. These measures have done nothing to alleviate the crisis. On the contrary, they have created the conditions for another disaster.

Are We Heading Into a Debt Supernova?

September 14th, 2015
Categories: World, Economic

Link: http://www.washingtonsblog.com/2015/09/are-we-heading-into-a-debt-supernova.html

Former Fed chief Alan Greenspan: Debt, deficits and entitlement programs are all coming to a head in a few months, all over the world. European chief executive of Goldman Sachs Asset Management warns: There is too much debt and this represents a risk to economies. Bank of International Settlements (BIS) – known as the “Central Banks’ Central Bank” writes: We are not seeing isolated tremors, but the release of pressure that has gradually accumulated over the years along major fault lines

US Gold Reserves Bottom Out as Europe's Banks Seek Financial Independence

September 14th, 2015
Categories: Economic

Link: http://sputniknews.com/business/20150914/1026974329/europe-frs-gold-repatriation.html

European Central banks keep demanding the return of their gold bullion from the vaults of the Federal Reserve Bank of New York, reducing the gold stockpile kept under the streets of Manhattan to its lowest level in decades; US supplies rapidly becoming depleted.

A Panicked Brazil Promises Billions In Austerity, Does 180 On Budget After Downgrade

September 14th, 2015
Categories: World, Economic

Link: http://www.zerohedge.com/news/2015-09-14/panicked-brazil-promises-billions-austerity-does-180-budget-after-downgrade

The government will reduce 26 billion reais ($6.8 billion) in expenditures from next year’s budget; capping salaries of civil servants and suspending exams for new entrants. Brazil also plans to raise 28 billion reais in revenue by boosting taxes, including a levy on financial transactions.

Boycott On Aisle Three: Avoid These 6 Products That Support Israeli Apartheid

September 14th, 2015
Categories: World, Palestine, Zionism, Middle East, Economic

Link: http://www.mintpressnews.com/boycott-on-aisle-three-avoid-these-6-products-that-support-israeli-apartheid/209498/

The following list is compiled from bdslist.org, bdsmovement.net

Eden Springs bottled water from the occupied Golan Heights.

Israeli dates grown on illegal settlements in the Jordan Valley.

Israeli wines — Israel produces over 40 million bottles of wine a year.

Pastures of Eden feta cheese found in Trader Joe’s.

Sabra hummus

Tribe hummus owned by Strauss Group and Osem, one of Israel’s largest food corporations.

Win or Lose In Ukraine: Some Rich Bastard Wins

September 14th, 2015
Categories: World, War, Economic

Link: http://journal-neo.org/2015/09/14/win-or-lose-in-ukraine-some-rich-bastard-wins/

The reason Petro Poroshenko is waving his fist at Russia is simple. He’s being told to, and his interest in Ukraine has been profit all along. The old world banking family that funded every war Europe has had since 1800, is also hedging bets in Ukraine. Debt works for Rothschild Inc. no matter what happens.

Peter Hambro: "It's Virtually Impossible To Get Physical Gold In London"

September 13th, 2015
Categories: World, Economic

Link: http://www.zerohedge.com/news/2015-09-13/peter-hambro-its-virtually-impossible-get-physical-gold-london

The Chinese and the Indian have been buying in enormous quantities. It’s virtually impossible to get physical gold in London. A-Mark, one of the world’s largest wholesalers reporting that they have no gold and silver at all available, have stopped taking orders for Silver Maples.

Moldova: Huge anti-corruption protest in Chisinau - video

September 13th, 2015
Categories: World, Economic, Politics

Link: http://www.bbc.com/news/world-europe-34237078

Thousands of people are taking part in another large anti-corruption protest in the Moldovan capital, Chisinau. There have been reports of clashes between rival groups. Protesters demand the government's resignation and early elections over a $1bn (£655m) bank fraud.

China's Political Elite Take the Money and Run - Abroad

September 13th, 2015
Categories: World, Economic

Link: http://www.truth-out.org/news/item/32761-china-s-political-elite-take-the-money-and-run-abroad

During the past few years, members of China's economically privileged elite have been buying up luxury real estate in places like Manhattan and London. When US elites begin to acquire real estate abroad, like rats fleeing a sinking ship, it's probably a sign that they've taken a dim view of the country's enduring viability.

Expatriates choosing to leave the U.S. rather than pay taxes

September 12th, 2015
Categories: World, Economic

Link: http://www.cnbc.com/2015/09/11/expatriates-choosing-to-leave-the-us-rather-than-pay-taxes.html

More Americans renounced their citizenship and terminated their long-term residency in the first three months of the year than ever before, courtesy of the crackdown in foreign tax rules.

A world convulsed by crises

September 12th, 2015
Categories: World, Economic, Politics

Link: http://www.wsws.org/en/articles/2015/09/12/pers-s12.html

Over the past month, the world has been gripped by a proliferation of crises—economic, geopolitical, social—erupting on a daily basis. Rule, both right and “left,” are collapsing under the pressure of unprecedented levels of social inequality and mounting popular anger and discontent.

BRICSA? Argentina Asks Brazil to Promote Its Access to Five-Member Group

September 12th, 2015
Categories: World, Economic

Link: http://sputniknews.com/latam/20150912/1026913924/argentina-brics-brazil-access.html

During a recent meeting with former Brazilian leader Luiz Inacio Lula da Silva, Argentina's President Cristina Fernandez de Kirchner asked him to help her country join the BRICS group, which currently includes Brazil, Russia, India, China and South Africa.

The Age of Finance Capital—and the Irrelevance of Mainstream Economics

September 12th, 2015
Categories: Economic

Link: http://www.globalresearch.ca/the-age-of-finance-capital-and-the-irrelevance-of-mainstream-economics/5475588

In the age of finance capital profit making is largely divorced from real production and employment, as it comes mostly from speculative investment, or through parasitic extraction from the rest of the economy.

Visualizing China's Mind-Boggling Consumption Of The World's Raw Materials

September 11th, 2015
Categories: World, Economic

Link: http://www.zerohedge.com/news/2015-09-11/visualizing-chinas-mind-boggling-consumption-worlds-raw-materials

China consumes 54% of aluminum, 48% of copper, 50% of nickel, 45% of all steel, and 60% of concrete, more concrete in the last three years than the United States did in all of the 20th century. Uses 49% of coal, 12% of oil, 30% of rice, 17% of wheat.

.

Something Just Snapped At The Comex

September 9th, 2015
Categories: Economic

Link: http://www.zerohedge.com/news/2015-09-09/something-just-snapped-comex

43.5 million ounces of gold open interest and the record low 351,519 ounces of registered gold imply that as of Friday's close there was a whopping 123.8 ounces in potential paper claims to every ounces of physical gold.

Government Jobs Now Outnumber Manufacturing Jobs by a Wide Margin

September 9th, 2015
Categories: Economic

Link: http://www.thedailysheeple.com/government-jobs-now-outstrip-manufacturing-jobs-by-a-wide-margin_092015

According to data published by the Bureau of Labor Statistics, government jobs now outnumber manufacturing jobs. Almost 22,000,000 people work for local, state, and federal agencies, compared to 12,329,000 workers in the manufacturing sector.

Moscow Stock Exchange Breaks, All Trading Halted For "Glitch"

September 8th, 2015
Categories: World, Economic

Link: http://www.zerohedge.com/news/2015-09-08/moscow-stock-exchange-breaks-all-trading-halted-glitch

Update: *MOSCOW EXCHANGE PREPARING TO RESUME TRADING W/BACKUP EQUIPMENT. *MOSCOW EXCHANGE SAYS TRADING HALTED IN ALL MKTS. *MOSCOW EXCHANGE SAYS CHECKING ON REASONS FOR GLITCH.

China intends to oust dollar from oil trade

September 8th, 2015
Categories: World, Economic

Link: https://www.rt.com/business/314732-china-oil-contracts-dollar-yuan/

China is planning to launch its own oil benchmark in October, similar to Brent and WTI, striving for a more important role in establishing crude prices. Unlike the Western benchmarks, the Chinese contracts will be nominated in the yuan, not the US dollar.

China Sets New Blueprint for Cooperation in Russia’s Far East

September 8th, 2015
Categories: World, Economic

Link: http://sputniknews.com/business/20150908/1026721015/china-russia-cooperation-far-east.html

China and Russia plan to broaden their cooperation of the development of Russia’s Far East region, China’s Xinhua state-run news agency reported in a bid to dispel concerns over Sino-Russian ties amid the economic downturn.

Ukraine Prepares to Default on Its Russian Loan

September 7th, 2015
Categories: World, Economic

Link: http://russia-insider.com/en/politics/ukraine-prepares-default-its-russian-loan/ri9561

The Russians have categorically refused to restructure the debt. The Ukrainians are now saying that if the Russians won’t restructure it, they will default on it.

World Running Out of Time to Save Oceans

September 7th, 2015
Categories: Nature, Environment, World, Economic, Health

Link: http://www.commondreams.org/news/2015/09/07/world-running-out-time-save-oceans

The United Nations is posting a new environmental warning: the world is running out of time to prevent the gradual degradation of the world’s oceans and widespread destruction of marine life, delays in implementing solutions to problems identified as threatening to degrade the world’s oceans will lead, to greater environmental, social and economic costs.

Pot Revenue Is So High in Colorado, State Will Have to Reimburse Taxpayers

September 7th, 2015
Categories: Nature, Economic

Link: http://www.thedailysheeple.com/pot-revenue-is-so-high-in-colorado-state-will-have-to-repay-taxpayers_092015

So far the state has earned over $150 million from the 30% tax on pot. According to a 1992 amendment to Colorado’s constitution called the ‘Taxpayer Bill of Rights’ when the state earns more than they anticipated from a given industry, they have to return the difference, $50 million to the people.

If You Want To Know The Truth About The Unemployment Rate Read This Article

September 4th, 2015
Categories: Economic

Link: http://endoftheamericandream.com/archives/if-you-want-to-know-the-truth-about-the-unemployment-rate-read-this-article

According to the Obama administration, more than 94 million working age Americans are “not in the labor force”, and so they don’t count as being unemployed. Labor force participation rate stayed stuck at 62.6 percent, a 38-year low.

Wages for low-income workers collapsed under Obama

September 4th, 2015
Categories: Economic

Link: http://www.wsws.org/en/articles/2015/09/04/wage-s04.html

Democratic candidates Hillary Clinton and Bernie Sanders have called for raising the federal minimum wage, while the Obama administration has made much ado about a set of trivial changes to miscellaneous work rules that it claims will significantly benefit low-income workers.

Energy goes east as Russia and China seal multibillion dollar deals in Beijing

September 3rd, 2015
Categories: World, Economic

Link: https://www.rt.com/business/314236-Russia-China-cooperation-agreements/

The two countries have expanded cooperation in oil, gas, post services and other areas during the visit of President Putin to China.

Why Are Foreign Countries Repatriating Gold From US Federal Reserve?

September 2nd, 2015
Categories: World, Economic

Central banks of foreign countries resumed the withdrawal of their gold reserves from the US Federal Reserve, according to the last report by the Fed reserve. Amid the ongoing global crisis, trust in the US Federal Reserve is waning.

More signs of global downturn send stocks plunging again

September 2nd, 2015
Categories: World, Economic

Link: http://www.wsws.org/en/articles/2015/09/02/econ-s02.html

Global stock markets staged yet another selloff Tuesday following the release of negative economic data in the US and China and downbeat assessments of the global economy from officials at the Federal Reserve and International Monetary Fund.

Thousands of Investors From 24 Countries In for Vladivostok Economic Forum

September 1st, 2015
Categories: World, Economic

Link: http://sputniknews.com/russia/20150901/1026437246/Vladivostok-forum-economy-investors.html

Thousands of business people and major investors from Russia and the Asia-Pacific region will be taking part in the Eastern Economic Forum to be held in Russia’s Far Eastern city of Vladivostok from September 3-5.

Bankers Are Buying Baltimore’s Debt, Charging Families Crazy Interest Rates, Then Taking Their Homes

September 1st, 2015
Categories: Economic

Link: http://govtslaves.info/bankers-are-buying-baltimores-debt-charging-families-crazy-interest-rates-then-taking-their-homes/

Hedge funds are profiting off of struggling families in Baltimore by buying up debts as small as $250, charging high interest rates, and taking their homes when they fail to pay. Baltimore now has growing homeless population and vacant homes.

Citigroup braces for global recession, calls for QE in China

September 1st, 2015
Categories: World, Economic

Link: http://www.hangthebankers.com/citigroup-global-recession-qe-china/

China has bungled its attempt to slow the economy gently and is sliding into “imminent recession”, threatening to take the world with it over coming months, Citigroup has warned.

Russia-China relations at ‘historic peak’ despite ‘illegitimate Western restrictions’ - Putin

September 1st, 2015
Categories: World, Economic, Politics

With all the differences between Russia and China, the countries face common development targets, such as changing the structure of the economy to favor high-technology sectors, Vladimir Putin said in an interview to Chinese and Russian media.

Putin says dump dollar - Video

September 1st, 2015
Categories: World, Economic

Russian President Vladimir Putin has drafted a bill that aims to eliminate the US dollar and the euro from trade between CIS countries. This means the creation of a single financial market between Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and other countries of the former Soviet Union.

Washington’s Financial Currency War on China: The Eclipsing of the US Dollar by the Yuan

August 31st, 2015
Categories: World, Economic

Link: http://www.globalresearch.ca/washingtons-financialcurrency-war-on-china-eclipsing-of-us-dollar-by-yuan/5473064

The Chinese are in the process of displacing the monopoly of the US dollar. They are dropping their US Treasury bonds, stockpiling gold reserves, and opening regional distribution banks for their own national currency. This will give them easier access to capital markets and insulate them from financial manipulation by Washington and Wall Street.

Central banks step in to prop up global financial bubble

August 31st, 2015
Categories: Economic

Link: http://www.wsws.org/en/articles/2015/08/31/pers-a31.html

Reason for the turnaround in global stock markets was not hard to find. New York Times: “Once again, the Federal Reserve helped save the day for investors” who were “inspired by soothing words from an influential Fed policy maker.” By “soothing words,” the Times means the promise of further infusions of cash into the financial system, which has fueled the continual rise in equity prices.

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