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Keyword: globalism

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  • Finally! Saudi Arabia opening stock market to foreigners on June 15

    04/16/2015 12:05:17 PM PDT · by Citizen Zed · 5 replies
    cnn money ^ | 4-16-2015
    The oil-rich nation is opening its stock market -- the largest in the Middle East -- to foreign investors on June 15, the government announced Thursday. The Saudi market -- worth an estimated $530 billion -- is more than double the size of the Tel Aviv stock exchange in Israel. Previously, only Saudi-based investors could buy stocks there. By mid-June, international firms will be able to buy stocks in the country's exchange, the Tadawul All Share Index. This will likely encourage mutual funds and ETFs to add some Saudi stocks to their holdings, especially in emerging market funds. The move...
  • Israel, China launch joint task force for expanding ties

    04/02/2015 3:51:32 PM PDT · by 9thLife · 13 replies
    J Post ^ | 03/30/2015 17:50 | By NIV ELIS
    Under the framework of the recently launched Chinese-Israeli “Water City” project, 20 officials from the municipality of Shouguang are visiting the country this week to explore a variety of Israeli innovations across the sector, the Economy Ministry announced on Monday. The trip to Israel follows Economy Minister Naftali Bennett’s November visit to China, during which Israeli and Chinese officials declared the eastern Chinese coastal city of Shouguang as the future hub – or “Water City” – for Israeli water activities in the Asian nation. At the time, the decision was made by Israeli and Chinese government officials that Israeli water...
  • This Key Market Signal Says Oil Is Heading to $60 a Barrel

    03/01/2015 10:33:00 AM PST · by ckilmer · 19 replies
    fool.com ^ | March 1, 2015 | By Matt DiLallo
    This Key Market Signal Says Oil Is Heading to $60 a Barrel By Matt DiLallo | More Articles March 1, 2015 | Comments (1) Given the dramatic drop in the price of oil over the past few months, the burning question on a lot of minds is "What will the price of oil do next?" It seems like everyone has an opinion on that question. The range of predictions goes from $10 at the bottom to a staggering $200 a barrel at the top. What that range tells us is that where oil will go in the future is anyone's...
  • Low Oil Price May Stifle Deepwater Drilling And Oil Sands But Not Fracking

    03/01/2015 8:53:15 AM PST · by thackney · 27 replies
    Forbes ^ | 3/01/2015
    Saudi Arabia and OPEC may have dropped oil prices to stifle production in the U.S. and other competing nations, but they didn’t drop it enough to stifle the U.S. oil and gas boom from fracking, a senior expert with McKinsey and Company said in Chicago. “If the Saudis think they’re going to put U.S. shale players out of business, they’re probably not, although there will be less drilling,” Joe Quoyeser told about 125 people, mostly graduate students, at Northwestern University’s Kellogg Energy Conference on Wednesday. ”But there are other elements of oil supply that are needed to balance the market...
  • Obama, The Ultimate Senior Banker’s President

    02/08/2015 10:45:28 AM PST · by Starman417 · 4 replies
    Flopping Aces ^ | 02-07-15 | James Raider
    Janet Yellen, Obama, and Bernanke For sixty four years, the world enjoyed some degree of stability, perhaps greater than at any previous period in history, with the United States performing the expensive, but indispensable role of “stabilizer.”  There had been regional wars, and provincial atrocities often localized to sectarian disputes, but most of the world went about its business, criss-crossing oceans and borders to grow trade, or travelling to distant vacations.  9/11 changed behaviors, nevertheless, we continued on our paths, but did so with a little more caution on our air-travels.  Then, with the power of wealthy and powerful senior...
  • Manufacturing showing signs of sputtering

    02/02/2015 7:36:00 AM PST · by george76 · 10 replies
    MarketWatch ^ | Feb 2, 2015 | Steve Goldstein
    Two measures of manufacturing sentiment in January matched their worst performance in a year, a sign that sputtering overseas growth as well as the rapid deterioration in commodity prices is hurting U.S. businesses. The Institute for Supply Management’s manufacturing index slowed to a reading of 53.5% from 55.1% in December, a reading that was below the MarketWatch-compiled consensus for a reading of 55%. U.S. stocks SPX, -0.41% moved lower in the immediate aftermath of the report. What has been good news for the U.S. consumer — tumbling gas prices — isn’t proving to be as good for U.S. business. That’s...
  • Saudi oil policy 'just took turn for the worse'

    01/23/2015 10:47:10 AM PST · by Rusty0604 · 29 replies
    CNBC ^ | 01/23/2015 | John Kilduff
    In earlier time, the death of Saudi Arabia's King Abdullah bin Abdulaziz Al Saud would have rocked the oil market. The succession plan has always pointed in a direction away from U.S. interests and a turn toward an even harder line on Middle East issues. The antipathy toward Iran will be levered up, and the various Sunni-Shia battles will likely see greater escalation. Oil prices have quickly jumped $1.00 per barrel on the news in a knee-jerk reaction to the uncertainty. What is more likely is an even greater commitment to over supplying the market, in attempt to drive out...
  • Hedge Fund Manager Who Survived Five Debt Crises Wiped Out Overnight on Swiss Franc (Ouch)

    01/18/2015 1:21:09 PM PST · by Kaslin · 24 replies
    Townhall.com ^ | January 18, 2015 | Mike Shedlock
    Someone asked me for a list of winners and losers and what the unexpected move by the Swiss National Bank meant in the long term for Switzerland. I will address that later today. First, consider one of the big losers who was wiped out overnight.
  • Oxford University Press bans mention of pigs in books to avoid offending Muslims

    01/14/2015 6:17:27 AM PST · by don-o · 55 replies
    Jihad Watch ^ | January 14, 2015 | Robert Spencer
    More abject surrender and dhimmitude from Ludicrous Britannia. OUP says they are avoiding mentioning pork and pigs in books to avoid offending Muslims and Jews, but Jews have never taken offense at such things — it was only in Saudi Arabia, for example, that censors covered over a pig character in a children’s book with a big black marker. “Oxford University Press bans mention of pork and pigs in books to ‘avoid offending Muslims or Jews,'” by Ewan Palmer, International Business Times, January 14, 2015 (thanks to Lookmann): "One of the biggest education publishers in the world has warned its...
  • Melancholic Milestones: China's pulling ahead, and we don't seem interested in catching up.

    12/23/2014 6:19:34 AM PST · by SeekAndFind · 7 replies
    American Thinker ^ | 12/23/2014 | Gary Jason
    The U.S. has recently reached three major turning points, all of them worrisome. The first is the news report that China has now officially overtaken the U.S. as the largest economy on Earth, and indeed in all of history.  The International Monetary Fund now calculates that the Chinese national output of goods and services this year will be $17.6 trillion (measured in real purchasing power, or purchasing power parity), compared with ours of $17.4 trillion.  In terms of share of the global economy, China is 16.5% of the world’s economy, compared to 16.3% for the U.S. It is also...
  • Guess What Happened The Last Time The Price Of Oil Crashed Like This?

    12/20/2014 8:06:02 PM PST · by NKP_Vet · 85 replies
    http://www.prophecynewswatch.com ^ | December 6, 2014 | Michael Snyder
    There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months. The last time this happened was during the second half of 2008, and the beginning of that oil price crash preceded the great financial collapse that happened later that year by several months. Well, now it is happening again, but this time the stakes are even higher. When the price of oil falls dramatically, that is a sign that economic activity is slowing down. It can also have a tremendously destabilizing affect on financial...
  • Rapid fall in oil prices may portend global recession

    12/16/2014 4:56:58 AM PST · by thackney · 47 replies
    NY Post ^ | December 14, 2014 | Jonathon M. Trugman
    Cratering crude-oil prices may be a blessing to cash-strapped American consumers, but it’s a double-edged sword when it comes to the overall economy. The problem for the overall economy is not so much the drop in oil prices as it is the velocity at which oil prices have fallen. The plunge from a peak of just over $100 per barrel in the early summer to today’s $58 — a massive 42 percent drop in just a few short months, most of which has come in the last 90 days — could make anyone’s head spin. The rapid fall in crude...
  • Slovakia to hold referendum on same-sex marriage

    11/27/2014 11:44:03 AM PST · by Olog-hai · 4 replies
    Associated Press ^ | Nov 27, 2014 12:03 PM EST
    Slovakia will hold a referendum on same-sex marriage in the predominantly Roman Catholic country on Feb. 7, the president said Thursday. President Andrej Kiska’s move comes after the Alliance for Family conservative group gathered about 400,000 signatures supporting the vote. Slovaks will be asked whether they agree that a marriage can be called only a union between a man and a woman, same-sex partners can’t adopt children, and that children wouldn’t have to attend school classes on sex education if their parents don't agree with them. …
  • (Vanity) Population and Jobs

    11/23/2014 7:40:35 PM PST · by grey_whiskers · 18 replies
    The velveted paws of grey_whiskers ^ | 11-23-2014 | grey_whiskers
    One of the laments of the Democrat has been that evil capitalists have been against “working families” (read: union labor) for the sake of profits; one example being the loss of jobs in manufacturing, or the destruction of the textile industry by shipping of jobs to lower-cost sites in Asia. The rejoinder of the right has been two-fold; first, that the union laborers priced themselves out of the market, and that many more jobs have been lost to mechanization and automation than to offshoring, and that the new knowledge jobs of the future depend on mathematics (e.g. designing and programming...
  • Why Did Hundreds of Common Core Implementers Meet in Dubai?

    11/02/2014 3:07:05 PM PST · by wtd · 50 replies
    Creeping Shariah ^ | November 2, 2014 | Creeping Shariah
    A concerned Williamson County [Tenn.] parent stumbled upon < a href="http://www.menacommoncore.com">this, “On October 24 and 25, hundreds of schools, leadership teams, and teachers from across the region will gather in Dubai, to learn about the Common Core State Standards, share curricula and best practices, and network with each other.” "If Common Core is local and state-led why are they holding Common Core conferences in the Middle East including more than 20 other nations? If Williamson Strong is local and parent-led why is their logo included among the international organizations sponsoring this event?” asks Julie West. And, what is MENA? Middle...
  • Spain's Fake Recovery is Officially Over

    09/30/2014 3:05:47 PM PDT · by Kaslin · 10 replies
    Townhall.com ^ | September 30, 2014 | Mike Shedlock
    The alleged recovery in Spain is already over. Retail sales are down month-over-month and year-over-year in July. August and September are both projected to be weak. Vial translation from El Economista, Manufacturers and Retailers Warn of Another Consumption Slowdown. After a slight recovery in the first months of the year, stagnation set in since June, according to almost all employers and associations of producers and distributors. The retail index INE already pointed to stagnation in June and a drop of 0.5% in July from a year earlier. Although the decline in July from the previous month is a somewhat lower...
  • What energy exports are doing for Houston's job surge

    09/23/2014 8:05:01 AM PDT · by thackney · 24 replies
    Houston Business Journal ^ | Sep 16, 2014 | Jordan Blum
    U.S. energy exports, much of which come from the Houston region, represent a large chunk of the nation's overall export growth in the coming years, according to a new national HSBC Bank USA report. The banking report notes that Houston will see an additional job creation surge going forward partially because of energy exports that target emerging foreign markets. HSBC specially mentions that "chemical plant expansions and liquefied natural gas terminal upgrades, coupled with the opening of Mexico's energy industry to foreign investment, will result in a new export boom for Houston and will create more than 55,000 new jobs."...
  • Pabst Is Sold to Russian Beverage Company

    09/18/2014 11:38:14 PM PDT · by RightGeek · 119 replies
    NY Times ^ | 9/18/2014 | David Gelles
    A Russian beverage company said on Thursday that it was acquiring the Pabst Brewing Company, which makes the Pabst Blue Ribbon beer popular with barflies and hipsters alike and other brands like Colt 45 and Old Milwaukee. [snip] The buyer is Oasis Beverages, a Russian brewer and beverages distributor. Backing Oasis is TSG Consumer Partners, an American private equity firm focused on consumer goods, which will take a minority stake. “Pabst Blue Ribbon is the quintessential American brand – it represents individualism, egalitarianism and freedom of expression – all the things that make this country great,” Eugene Kashper, the chairman...
  • Are we becoming more STUPID?

    08/21/2014 12:43:50 PM PDT · by 3Fingas · 69 replies
    Are we becoming more STUPID? IQ scores are decreasing - and some experts argue it's because humans have reached their intellectual peak Read more: http://www.dailymail.co.uk/sciencetech/article-2730791/Are-STUPID-Britons-people-IQ-decline.html#ixzz3B3dLJfeH Follow us: @MailOnline on Twitter | DailyMail on Facebook
  • Is the Walmart New U.S. CEO Right for the Job? (not even American)

    07/25/2014 6:16:13 AM PDT · by Cringing Negativism Network · 15 replies
    The Street ^ | 7/24/2014 | Laurie Kulikowski
    Wall Street was generally unsurprised that Simon is leaving -- chatter that his departure may have been over disappointment at being passed up for promotion as Walmart's CEO earlier this year with the company instead choosing its international head, Doug McMillon. However, analysts seemed curious about Walmart's decision to pass over those underneath Simon to replace him, instead naming an executive who had been heading up its China and greater Asia operations. (please see link for full story)
  • Paul Gigot: Interview on Fox News about America tax avoidance. (Very anti-American in my view.)

    07/20/2014 12:13:31 PM PDT · by Cringing Negativism Network · 88 replies
    Fox News | 7/20/2014 | (vanity)
    OK I just watched the Fox News "The Journal Editorial Report". I found the show very enlightening. For the most part. However now there's a segment busy defending America companies moving overseas, for tax avoidance. This is a big problem. The GOP needs to buck it up, and say "enough". America needs jobs. Jobs. Jobs.
  • Backlash In U.S. Against Foreign Worker Visas Growing

    07/06/2014 11:03:16 AM PDT · by PoloSec · 50 replies
    Talking Points Memo ^ | July 6 2014 | LAURA WIDES-MUNOZ and PAUL WISEMAN
    Kelly Parker was thrilled when she landed her dream job in 2012 providing tech support for Harley-Davidson's Tomahawk, Wisconsin, plants. The divorced mother of three hoped it was the beginning of a new career with the motorcycle company. The dream didn't last long. Parker claims she was laid off one year later after she trained her replacement, a newly arrived worker from India. Now she has joined a federal lawsuit alleging the global staffing firm that ran Harley-Davidson's tech support discriminated against American workers — in part by replacing them with temporary workers from South Asia. The firm, India-based Infosys...
  • Beijing, Seoul agree to direct trade in national currencies

    07/05/2014 3:44:33 AM PDT · by SkyPilot · 20 replies
    Voice of Russia ^ | 4 July 14 | Staff
    China designated a clearing bank in Seoul for yuan transactions in South Korea on Friday, coinciding with a visit by President Xi Jinping, as Beijing promotes greater use of its currency overseas, AFP reports. Read more: http://voiceofrussia.com/news/2014_07_04/Beijing-Seoul-agree-to-direct-trade-in-national-currencies-4477/ China's central bank has authorised the Bank of Communications, the country's fifth largest lender, to undertake yuan clearing business in the South Korean capital, the People's Bank of China (PBoC) said in a statement. The announcement came as Chinese President Xi Jinping wrapped up a state visit to South Korea on Friday. China is seeking to make the yuan - also known...
  • At Walgreen, renouncing corporate citizenship

    07/01/2014 3:19:54 PM PDT · by 2ndDivisionVet · 33 replies
    Yahoo! Finance / The New York Times ^ | July 1, 2014 | Andrew Ross Sorkin
    A little less than two years ago, Gregory D. Wasson, the chief executive of Walgreen, sought a series of tax breaks from Illinois, where his company is based. “We are proud of our Illinois heritage,” he said at the time. “Just as our stores and pharmacies are health and daily living anchors for the communities we serve, we as a company are now recommitted to serving as an economic anchor for northeastern Illinois.” The state gave Walgreen $46 million in corporate income tax credits over 10 years in exchange for a pledge to create 500 jobs and invest in upgrading...
  • Sen. Markey Wants to Establish Special LGBT Envoy at State Department

    06/24/2014 1:07:43 PM PDT · by afraidfortherepublic · 48 replies
    CNS News ^ | 6-23-14 | Tatiana Lozano
    A bill introduced June 12 by Senator Ed Markey (D-MA), would establish a special envoy at the State Department to coordinate America’s “global response” on lesbian, gay, bisexual and transgender (LGBT) issues and allow LGBT individuals “who have a well-founded fear of persecution...to seek protection in the United States.” The International Human Rights Defense Act of 2014 would reinforce the Obama administration’s already established foreign policy position on LGBT rights, including the public funding of overseas LGBT groups. In addition, the bill would require annual congressional briefings on “the status of the human rights of LGBT people internationally” and institute...
  • Disgusting, Shameless D-Day Spectacle in Normandy

    06/06/2014 8:52:15 AM PDT · by PieterCasparzen · 44 replies
    Vanity | 6/4/2014 | Self
    This morning the BBC and Euronews TV were carrying what was advertised as the D-Day commemoration at Ouistreham beach in Normandy, France. What started as a tribute to the wonderful veterans, who were seated in the hot sun whilst the elites relaxed under the structures built for the occasion, quickly degraded into mindless, godless pandering for World Socialism by International Banking's puppet administrator in France, Hollande. Just when I thought they would proceed with something sensible, Hollande gave way to a most disgusting, new world order, fabian socialist, godless, modern dance propaganda infomercial for totalitarian statist globalist new world order....
  • The Long Goodbye? China, The World Bank, & The American Century

    05/14/2014 9:14:58 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | May 14, 2014 | Brian Birdnow
    Last week a World Bank report that compares something called purchasing power parity claimed that, based on the purchasing power statistics, the Chinese economy has reached a point of rough equality with the United States, or, could actually have moved slightly ahead of the USA, based on the incomplete figures of economic growth over the last three years. This announcement, which confirms the fact of China’s explosive economic development, and the anemic American recovery after the Great Recession of 2008-2010, has caused quite a stir in a number of quarters. The Chinese, usually quick to tout great achievements, have been...
  • 'Imperfect EU better than revolting nationalism'

    05/03/2014 6:38:33 AM PDT · by Count of Monte Fisto · 15 replies
    The Local ^ | 23 Apr 2014 | Staff
    Swedish Prime Minister Fredrik Reinfeldt on Wednesday urged young voters to head to the European parliamentary polls on May 25th "to cure the European disease of nationalism".
  • America Should Copy Europe…if the Goal Is Stagnation and Lower Living Standards

    04/29/2014 9:06:22 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | April 29, 2014 | Daniel J. Mitchell
    I periodically (some would say over and over and over again, though occasionally made more palatable by using humor and cartoons) warn that the United States should not become a European-style welfare state. But I wonder whether I spend enough time explaining why this would be a bad idea. After all, some people may think that you get more security and benefits with the European approach, so why not head in that direction. And these folks aren’t just pointing with approval to the Nordic nations. A writer for the New York Times actually thinks we should copy Italy. So it...
  • Ukraine: Globalists Hijack Crisis for More Money, Power for IMF

    03/22/2014 7:13:30 AM PDT · by VitacoreVision · 12 replies
    The New American ^ | 22 March 2014 | William F. Jasper
    Ukraine: Globalists Hijack Crisis for More Money, Power for IMF 22 March 2014 here already are enough controversial issues involved in the Ukraine-Russia crisis that make any U.S. involvement in the matter questionable at best. And, as we have reported, multiple polls consistently have shown that Americans do not support further U.S. entanglement in the imbroglio. But the U.S. Senate Foreign Relations Committee has approved legislation that not only supports the $1 billion aid package to Ukraine pledged by President Obama, but also hijacks the Ukraine crisis to sneak in “reforms” to the International Monetary Fund (IMF) backed by...
  • U.S. aims to give up control over Internet administration

    03/14/2014 2:45:36 PM PDT · by gooblah · 94 replies
    Washington Post ^ | Friday, March 14, 4:19 PM | By Craig Timberg,
    U.S. officials announced plans Friday to relinquish federal government control over the administration of the Internet, a move likely to please international critics but alarm many business leaders and others who rely on smooth functioning of the Web. Pressure to let go of the final vestiges of U.S. authority over the system of Web addresses and domain names that organize the Internet has been building for more than a decade and was supercharged by the backlash to revelations about National Security Agency surveillance last year.
  • Ex-Bush admin official: Internet giveaway weakens cybersecurity, opens door to Web tax

    03/15/2014 8:24:25 AM PDT · by shove_it · 20 replies
    DailyCaller ^ | 15 Mar 2014 | Giuseppe Macri
    The U.S. government’s plan to give away authority over the Internet’s core architecture to the “global Internet community” could endanger the security of both the Internet and the U.S. — and open the door to a global tax on Web use. “U.S. management of the internet has been exemplary and there is no reason to give this away — especially in return for nothing,” former Bush administration State Department senior advisor Christian Whiton told The Daily Caller. “This is the Obama equivalent of Carter’s decision to give away the Panama Canal — only with possibly much worse consequences.” The U.S....
  • Chinese Exports Collapse Leading To 2nd Largest Trade Deficit On Record

    03/07/2014 10:31:28 PM PST · by SatinDoll · 74 replies
    Zero Hedge ^ | March 7, 2014 | Tyler Durden
    Plenty of excuses out there for this evening's collosal miss in Chinese exports (-18.1% YoY vs an expectation of a 7.5% rise) mainly based on timing issues over the Lunar New Year (but didn't the 45 economists who forecast this data know the dates before they forecast?) This is a 6-sigma miss and plunges China's trade balance to its biggest miss on record and 2nd largest deficit on record. Combining Jan and Feb data (i.e. smoothing over the holiday), exports are still down 1.6% YoY - not good for the much-heralded global recovery. Exports to the rest of the BRICs...
  • PepsiCo, Coca-Cola Have Large Stakes in Russia, Ukraine

    03/06/2014 1:57:52 PM PST · by PieterCasparzen · 7 replies
    THE WALL STREET JOURNAL ^ | 3/3/2014 | Mark Esterl
    PepsiCo Inc. has billions of dollars at stake in Russia, its second-largest market by revenue after the U.S. The Purchase, N.Y.-based snack and beverage giant would have a difficult time picking up and leaving: It had $7.89 billion in "long-lived" assets including property, plants and equipment in Russia alone last year, or 15% of its global assets, according to a regulatory filing by the company. The company doesn't disclose its revenue in Ukraine but has subsidiaries in the country and teamed up with a bottling partner in 2007 to acquire Sandora LLC. PepsiCo said at the time that Sandora was...
  • Keynes Is Dead

    01/22/2014 10:33:26 AM PST · by Kaslin · 12 replies
    Townhall.com ^ | January 22, 2014 | Mike Shedlock
    Economist Andy Xie has an interesting article in CaixinOnline that contains his views on 2014. I agree with nearly all his viewpoints but one. Please consider Breaking Out Is Hard by Andie Xie. The global economy is unlikely to accelerate in 2014. The hope that the U.S. economy is reaching escape velocity won't pan out. Abenomics is likely to fizzle out in 2014. Emerging economies will likely remain in low gear. The chances are that the global economy, weighted by nominal GDP at current exchange rates, will grow at 2 percent Globalization, turbo-powered by information technology, has cut short the...
  • Global Citizens of the World, Obey!

    01/18/2014 2:30:36 AM PST · by markomalley · 4 replies
    American Thinker ^ | 1/18/2014 | Jay Schalin
    The political left never rests in its drive to transform the U.S. into a more statist, more collective society.  Its adherents are always scanning the status quo for openings and vulnerabilities to exploit, and they tirelessly produce a wide array of initiatives to advance their cause.  It is hard to always know what they are up to; these initiatives are often veiled to look benign, or they contain rewards for special interests that defuse likely opposition.When closely examined, however, the initiatives are embedded with plans for major fundamental changes.  Well-known recent examples include the Common Core, the Affordable Care Act, and Agenda 21.One...
  • Supreme Court extends protections for multinational companies

    01/14/2014 1:17:18 PM PST · by Lurking Libertarian · 26 replies
    The Washington Post ^ | January 14, 2014 | Robert Barnes
    The Supreme Court on Tuesday extended protection for multinational companies from lawsuits in the United States over conduct that took place in other countries. The justices threw out a case in California that sought damages from Daimler AG for its alleged complicity in atrocities committed in Argentina’s 1976-to-1983 “Dirty War.” The company manufactures Mercedes-Benz automobiles and has a subsidiary, Mercedes-Benz USA, that does business in California and other states. But Justice Ruth Bader Ginsburg, writing for a unanimous court, said those connections were too tenuous to mean the company could be sued in U.S. courts. Ginsburg said that under the...
  • Bloated Defense Spending - The Other White Meat

    11/19/2013 8:40:36 AM PST · by Noremac · 30 replies
    Blasted Fools.com ^ | November 19, 2013 | Richard Cameron
    As a follow on to my recent outline of how Congress games the system to produce 'Satan Sandwiches' that are catastrophic - 'Immigration Reform', 'Healthcare Reform' - I've investigated what we're likely to see with the 2014 NDAA (National Defense Authorization Act), in terms of special interest amendments that we should avoid like the plague. I also know that my other key observation is something you would only consider seriously coming from a known supporter (me) of a strong national defense - and that is the need to trim fat and waste from the Defense budget and get back to...
  • Why Chinese Actually Envy the U.S. Shutdown

    10/15/2013 3:17:34 PM PDT · by 2ndDivisionVet · 8 replies
    RealClearWorld ^ | October 15, 2013 | Benjamin Carlson
    HONG KONG - Perhaps the only people who have managed to find a silver lining in the ongoing US government shutdown are Chinese intellectuals. Of course, Americans view the impasse as a sign of political dysfunction. But to many Chinese commentators, it also reveals certain strengths. Since the shutdown began nine days ago, Chinese social media have been full of wistful, almost admiring remarks about how the shutdown could only happen in a democratic country with a resilient economy and responsive political representation. "The government's closed - is this bad?" wrote Chen Zhiwu, a user on China's Twitter-like Sina Weibo....
  • End time maundering-- could Legarde of the IMF be the whore of Babylon?

    10/13/2013 7:50:25 PM PDT · by Mamzelle · 62 replies
    Drudge headline | 10/13/13 | Vanity
    Just a little chill went down my spine as I read this hour's headline on the DR. Curious if anyone felt likewise.
  • David Stockman Explains The Keynesian State-Wreck Ahead - Sundown In America

    10/05/2013 7:12:33 PM PDT · by RKBA Democrat · 19 replies
    Zero Hedge ^ | 10-5-13 | David Stockman
    David Stockman, author of The Great Deformation, summarizes the last quarter century thus: What has been growing is the wealth of the rich, the remit of the state, the girth of Wall Street, the debt burden of the people, the prosperity of the beltway and the sway of the three great branches of government - that is, the warfare state, the welfare state and the central bank... What is flailing is the vast expanse of the Main Street economy where the great majority have experienced stagnant living standards, rising job insecurity, failure to accumulate material savings, rapidly approach old age...
  • World Bank Whistleblower Karen Hudes Reveals How The Global Elite Rule The World

    10/02/2013 11:47:54 AM PDT · by Texas Fossil · 64 replies
    The Economic Collapse Blog ^ | September 30th, 2013 | Michael Snyder
    Karen Hudes is a graduate of Yale Law School and she worked in the legal department of the World Bank for more than 20 years. In fact, when she was fired for blowing the whistle on corruption inside the World Bank, she held the position of Senior Counsel. She was in a unique position to see exactly how the global elite rule the world, and the information that she is now revealing to the public is absolutely stunning. According to Hudes, the elite use a very tight core of financial institutions and mega-corporations to dominate the planet. The goal is...
  • Kentucky Obamacare: Your private details may be handed over to foreign powers.

    10/01/2013 6:43:40 AM PDT · by the_boy_who_got_lost · 26 replies
    KYNect ^ | Kentucky Government
    Don't already have a Kentucky Online Gateway Citizen Account? WARNING NOTICE: This is a government computer system and is the property of the Commonwealth of Kentucky. It is for authorized use only regardless of time of day, location or method of access. Users (authorized or unauthorized) have no explicit or implicit expectation of privacy. Any or all uses of this system and all files on the system may be intercepted, monitored, recorded, copied, audited, inspected, and disclosed to authorized state government and law enforcement personnel, as well as authorized officials of other agencies, both domestic and foreign. By using this...
  • If Republicans Want To Shut Down Washington, They'll Have To Ask China's Permission First

    10/01/2013 4:14:39 AM PDT · by darkness78 · 20 replies
    Forbes ^ | 9/29/2013 | Eamonn Fingleton
    In their never-say-die efforts to defeat Obamacare, Tea Party Republicans brought the federal government a giant step closer to shutdown last night. What they seem not to have considered is how America’s foreign creditors will react. Although China, Japan, and other major creditor nations have no dog in the Obamacare fight, they have a strong interest in preserving America’s basic financial, economic, and social stability. From their point of view, the Tea Party contingent is not following the script and a corrective may be necessary.
  • Asia's richest may outpace North America's wealthiest by 2014

    09/25/2013 5:06:47 AM PDT · by rjbemsha · 5 replies
    CNBC.com ^ | 25 Sep 2013 | Staff
    Wealth among the richest in the Asia-Pacific region could surpass that of North America as soon as next year, a joint report by Capgemini and RBC Wealth Management showed on Wednesday. The total wealth of high net-worth individuals in the region – defined as those with investable assets of $1 million and above – is expected to rise to $15.9 trillion by 2015, compared with $12 trillion in 2012. Wealth of the equivalent group of individuals in North America stood at $12.7 trillion last year.
  • Sustainability merit badge requirements released

    08/01/2013 9:15:04 AM PDT · by Sheapdog · 16 replies
    http://blog.scoutingmagazine.org ^ | 7/15/2013 | Bryan Wendell
    Sustainability merit badge requirements released 15 July 2013 44 Comments Updated, July 16 with clarification about water bill sustainabilityReady … set … go green! The long-awaited requirements for the Boy Scouts of America’s Sustainability merit badge have been released. The badge joins the Eagle-required list as an option to Environmental Science merit badge. Scouts must earn either Sustainability or Environmental Science on their journey to Eagle. Scouts may begin working on Sustainability MB once pamphlets arrive in Scout Shops and at scoutstuff.org in early August, but you can get a first look at the requirements below. Or click here (PDF)...
  • Ceding Sovereign Rights to the U.N. – Get Ready!

    07/16/2013 5:34:20 AM PDT · by Eccl 10:2 · 5 replies
    Conservative Fifty ^ | July 16, 2013 | Vicky Kaseorg
    When I raised my own objections to the treaty to Sen. Hagen of North Carolina, I specifically questioned why we would want to accede our sovereignty to a foreign entity. She told me that we would not have to cede any rights to the U.N. that were counter to our own laws. Were that true, why sign the treaty, I asked? If it is ineffectual, at best it is a waste of time. And if it is not ineffectual, why were we relinquishing our national authority? How was that in our best interest? She did not respond.
  • Former President George W. Bush hails push for comprehensive immigration reform

    07/07/2013 11:01:39 AM PDT · by jimbo123 · 162 replies
    NY Post ^ | 7/7/13 | S.A. MILLER
    Former President George W. Bush today cheered on the “progress” in pushing comprehensive immigration reform through Congress. “The legislative process can be ugly,” Bush said with a chuckle in an interview aired today on ABC’s “This Week.” “But it looks like they're making some progress.”
  • The Guardian: British intel also snooping on Internet content

    06/22/2013 7:56:12 PM PDT · by SeekAndFind · 5 replies
    Hotair ^ | 06/22/2013 | Ed Morrissey
    A couple of weeks ago, the British government found itself under considerable fire at home for their connection to the NSA’s PRISM program. A number of MPs demanded answers from David Cameron’s Tory government about whether British intelligence was bypassing UK law in order to spy on its subjects by having the NSA collect the data from their Internet for them. At the time, I wondered whether the Brits were doing the same for the NSA on their own, comparing it to the Hitchcock thriller Strangers on a Train, with its famous “criss cross” murder plot (or the more humorous...
  • NSA boss tells lawmakers the gov't wants even more data, 'dozens' of attacks thwarted [2nd Amend]

    06/13/2013 1:24:29 AM PDT · by PieterCasparzen · 52 replies
    Foreign Policy ^ | 6/12/2013 | John Reed
    National Security Agency chief Gen. Keith Alexander may be under fire for collecting millions of Americans' phone records and Internet data. But the nation's top electronic spy told a Congressional panel Wednesday that he wants the feds to slurp up even more information - and distribute it more widely throughout the government. ... The NSA, the Department of Homeland Security (DHS), and the FBI -- a trio Alexander described as the core of the U.S. Federal Cybersecurity Team (a term we haven't heard before) -- are developing an "information sharing environment that will create a cross-governmental shared situational awareness that...