In his May 2 Washington Post op-ed, Obama pushed for adopting the anti-consumer, anti-labor, anti-environment, pro-corporate predation Trans-Pacific Partnership (TPP) to let America write the rules on global trade and everything else.
He hyped “a boon to American businesses…” He lied claiming benefits to “American workers.” TPP’s adoption would be major step toward relegating them to neo-serfdom.
It gives America “a leg up” on China, excluded from TPP. Obama lied, claiming US standards are consumer and eco-friendly, unlike its Asian rival.
America was thirdworldized on his watch, accelerating a race to the bottom begun under his Republican and Democrat predecessors.
Despite North Dakota’s collapsing oil market, its state-owned bank continues to report record profits. This article looks at what California, with fifty times North Dakota’s population, could do following that state’s lead.
In November 2014, the Wall Street Journal reported that the Bank of North Dakota (BND), the nation’s only state-owned depository bank, was more profitable even than J.P. Morgan Chase and Goldman Sachs. The author attributed this remarkable performance to the state’s oil boom; but the boom has now become an oil bust, yet the BND’s profits continue to climb. Its 2015 Annual Report, published on April 20th, boasted its most profitable year ever.
The BND has had record profits for the last 12 years, each year outperforming the last. In 2015 it reported $130.7 million in earnings, total assets of $7.4 billion, capital of $749 million, and a return on investment of a whopping 18.1 percent. Its lending portfolio grew by $486 million, a 12.7 percent increase, with growth in all four of its areas of concentration: agriculture, business, residential, and student loans.
Presently, three supposed ‘trade’ deals are being proposed by U.S. President Barack Obama, to be signed by major trading nations (except Russia, China, and the other BRICS nations): TPP with Asia, TTIP with Europe, and also (but only for financial and other services) TISA with Europe. The promised benefits in all three cases are said to be economic.
Three independent economic studies have been done, two of Obama’s TTIP treaty with Europe, and one of his TPP treaty with Asia, and all three independent economic analyses find that the publics in each participating country will suffer, and that the owners of international corporations (especially in the U.S.) will benefit, if the proposed ‘trade’ deal goes into effect.
In this week’s episode of “Days of Revolt,” Truthdig contributor Chris Hedges sits down with Kip Anderson and Keegan Kuh, co-directors of the documentary “Cowspiracy: The Sustainability Secret”—the film that Hedges reveals led him to become a vegan.
Elderly man threatened with a knife last month by a man and a woman in a home invasion – the pair were looking to steal food.1 million people in the US may soon lose their government food stamp benefits if they fail to meet work requirements; will soon be a three-month limit on food stamp benefits for unemployed adults aged 18–49 who are not classified as disabled or raising minors; critics, claim the move could increase crime and hunger. 48.1 million Americans are currently living in a food-insecure household. Food banks gave away 4 billion pounds of food last year. The cost of eating has increased; risk of riots, civil unrest and number of hungry Americans.
A shortage of life-saving drugs continues to challenge hospitals across the US, a new Yale study has revealed. Despite government efforts to ease their scarcity, medicines in emergency rooms remain in high demand for millions of critically ill patients; essential medicines, or acute-care drugs, that are still in highest demand in emergency departments nationwide.
In an executive order last year, renewed this year, President Obama declared Venezuela to be an “unusual and extraordrinary threat to the national security and foreign policy of the United States” and declared a “national emergency” to counter the “Venezuelan threat; serves as the Obama regime’s excuse for overthrowing President Maduro in Venezuela. It is a Washington tradition to overthrow elected Latin American governments that try to represent the interest of the people, and not the interest of US corporations and banks.
Tensions between the United States and China are rising in the lead-up to a ruling by the United Nations Permanent Court of Arbitration on a US-backed legal challenge launched by the Philippines to Chinese territorial claims in the South China Sea. Republican and Democratic Party senators joined forces to introduce legislation, “The Asia-Pacific Maritime Security Initiative Act,” that is aimed at dramatically increasing the US intervention into the territorial disputes; authorises the Obama administration to give greater military assistance to the Philippines and other rivals to China’s claims.
Iran’s media reported on Tuesday that an immediate order has been issued by the relevant authorities to stop placing orders to import US-made cars into the country, will accordingly prevent imports of as much as 200 Chevrolet cars into the country that had a collective value of $7 million. Global brands including Fiat, Mercedes Benz, PSA Peugeot Citroën, Renault and Volkswagen have been negotiating over the same issue with the related Iranian officials.
Eligio Cedeño, a banker given asylum by the U.S. after he fled Venezuela in 2009 due to charges of financial corruption, has shown up in the Panama Papers.
Cerenity was a healthy baby with normal physical and cognitive development. But after receiving the eight vaccine doses, she became fussy and lethargic, according to her mother July Garza. The medical team pointed the finger at the Garzas before calling Child Protective Services and accusing them of shaking their baby. The accusers eventually backed down from the accusations and apologized before vindicating the family of any misconduct.
On Monday, the US territory of Puerto Rico entered into default, after failing to make a $370 million bond payment. .Governor Alejandro Garcia Padilla issued an executive order on Sunday suspending payments on debt owed by the island’s Government Development Bank. cited concerns Puerto Rico would be forced to shut down schools, hospitals, and other vital functions in order to make the payment. The bonds on Puerto Rican debt are held almost entirely by powerful US hedge fund investors.
A Boulder, Colorado judge has removed a child from her mother’s care because the mother believes chemtrails are being sprayed into the atmosphere, court documents reveal. Boulder Judge D.D. Mallard told Becca Vandb that ‘99% of people would know those are just contrails,’ and said that she is ‘so immersed in a fringe subculture’ that ‘she is a danger to her daughter.’
A member of Russia’s parliament accused the Obama administration of essentially spending a year bombing the Syrian desert as opposed to Islamic State group targets, that American-trained “moderate rebels” had all run off to join terrorist organizations. “(Senator John) McCain accused us of striking out at US-trained insurgents… However, since they have either run away or joined al-Qaeda, hitting them is a mission impossible,”
Video preview: They Killed Him October 25 marked the 10th anniversary of Wellstone's death. Was it accidental or an assassination to silence a sadly missed principled voice? Convincing evidence suggests foul play. More on that below. On October 25, 2002, The New York Times headlined "Minnesota Senator Is Among 8 Dead in Crash," saying: Wellstone "was killed today when his campaign plane crashed approaching a small airport in a wooded region in the northern part of his state." Campaigning for a third term, he "perished along with seven other people when the chartered King Air A100 went down near Eveleth around 10:20 a.m. Central Time, the Federal Aviation Administration reported."
After exploring the Caribbean, Columbus returned to the island of Hispaniola in 1498, known today as the Dominican Republic and Haiti. He had left his brothers Diego and Bartholomew in charge and according to Columbus, conditions had deteriorated in his absence. He decided to increase the terror campaign against the Taino people, ruling with excessive cruelty, causing resentment from the colonists and local indian chiefs alike. Complaints of his brutality reached the Spanish monarchs and in 1500 a Chief Justice was dispatched to bring him and his brothers back to Spain in chains. But Columbus was soon forgiven for his atrocities and granted a fourth and final expedition back to the island of Hispaniola. Upon his arrival Columbus conducted an unparalleled campaign of torture and mass murder. By the time he finally left the island in 1504, the Taino had been reduced from eight million down to 100,000, making Columbus the most prolific serial killer in history. He and his men committed some of the cruelest atrocities against another race ever recorded. Columbus used any pretext as an excuse to kill and torture. Those poor souls who could not pay tribute to him had their hands cut off and were left to bleed to death. Columbus was documented by the chronicles of Las Casas, know as Brev’sima relaci-n, to have partaken in mass hangings, roasting people on spits, burnings at the stake, and hacking young children to death as punishment for the most minor of crimes. He and his men massacred the natives, sometimes hundreds at a time for sport, making bets on who could split a man in two, or cut a head off in one blow. By 1542 there were only 200 Taino remaining on the island and soon afterwords they were considered extinct. The truth about Christopher Columbus - Video
"Oh wow this is insane. And during the Beltane? They really are not trying to hide things anymore.". - A comment on You Tube
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