• Category Archives Civil Unrest
  • Ron Paul Warns America’s “On The Verge Of Something Like 1989’s Soviet System Collapse”

    Ron Paul does not believe the U. S. will break into separate countries, like the Soviet Union did, but expects changes in the U. S. monetary policy, as well as the crumbling of the country’s “overseas empire.”
    The godfather of the Tea Party movement and perhaps the most prominent right-leaning libertarian in America, Ron Paul, believes the economic boom the United States experienced under President Trump could be a ‘bit of an illusion.’
    Mr. Paul sees inequality, inflation, and debt as real threats that could potentially cause a turmoil.
    ‘the country’s feeling a lot better, but it’s all on borrowed money’ and that ‘the whole system’s an illusion’ built on corporate, personal, and governmental debt.
    ‘It’s a bubble economy in many many different ways and it’s going to come unglued,’
    In a recent interview with the Washington Examiner, Paul said,
    ‘We’re on the verge of something like what happened in ’89 when the Soviet system just collapsed. I’m just hoping our system comes apart as gracefully as the Soviet system.

    This post was published at Zero Hedge on Fri, 12/29/2017 –.

  • “As Good As It Gets” – What A Difference 11 Months Makes

    What a difference eleven months make.
    Shortly after Donald Trump was inaugurated he fired Michael Flynn.
    What’s become the conventional subtext is that the intelligence agencies have launched a ‘soft coup’ against Trump, he has been significantly weakened, and the Deep State has scored a major victory.
    ‘Plot Holes,’ SLL, 2/26/17

    This post was published at Zero Hedge on Dec 26, 2017.

  • Conscience, Heroic Virtue, and Civil Disobedience in the Resistance to Evil

    “A period of tension ensued, for the Danish population in general and its Jewish citizens in particular. Danish policy sought to ensure its independence and neutrality by placating the neighboring Nazi regime. After Denmark was occupied by Germany following Operation Weserbung on April 9, 1940, the situation became increasingly precarious.
    In 1943, the situation came to a head when Werner Best, the German plenipotentiary in Denmark ordered the arrest and deportation of all Danish Jews, scheduled to commence on October 1, which coincided with Rosh Hashanah. However, the Jewish community was given advance warning, and only 202 were arrested initially. As it turned out, 7,550 fled to Sweden, ferried across the resund strait. 500 Jews were deported to the Theresienstadt concentration camp. In the course of their incarceration, Danish authorities often interceded on their behalf, as they did for other Danes in German custody, sending food.
    Of the 500 Jews who were deported, approximately 50 died during deportation. Danes rescued the rest and they returned to Denmark in what was regarded as a patriotic duty against the Nazi occupation. Many of non-Jewish Danes protected their Jewish neighbors’ property and homes while they were gone.”
    Lidegaard, Bo. Guarding Denmark’s Jewish Heritage, The New York Times, 26 February 2015

    This post was published at Jesses Crossroads Cafe on 23 DECEMBER 2017.

  • House Passes Tax-Reform Bill – 12 Republicans, All Democrats Vote Against

    Here are the House Republicans who voted against the tax bill, which of course raises the question: With his NO vote, what secret message was Rohrabacher sending to Putin & Assange? pic.twitter.com/B66BY0uIZC
    — Ira Goldman (@KDbyProxy) December 19, 2017

    After more than six weeks of frenzied negotiations, the House of Representatives has passed the reconciled version of President Donald Trump’s tax plan, leaving only one major hurdle between Republicans and their biggest legislative accomplishment of the Trump era.
    In a 227-203 vote, the House passed the tax plan over united Democratic opposition, as well as a flurry of ‘no’ votes from blue-state Republicans who spoke out against provisions in the bill that eliminate deductions for state and local taxesthat will disproportionately impact taxpayers in high-tax states like California and New York. Ultimately, 12 Republicans joined 191 Democrats in voting against the bill.
    The vote followed an empassioned debate with Democrats – who labeled the bill the White House “tax scam” – slamming the bill as an attempt to establish a “permanent plutocracy.” Republicans countered that it would benefit all Americans, and evidence of its sanguine impact on the economy would emerge over the next year.
    The contentious debate that preceded the vote was interrupted several times by protesters, including people who shouted “kill the bill, don’t kill us!” The Hill pointed out that one of the protesters was a woman in a wheelchair who said she relies on Medicaid and warned that the bill would “starve” the public.

    This post was published at Zero Hedge on Dec 19, 2017.

  • Greece Is The Patsy For Europe’s Failure (And The Ordeal Is Far From Over)

    Authored by Raul Ilargi Meijer via The Automatic Earth blog,
    I feel kind of sorry this has become such a long essay. But I still left out so much. You know by now I care a lot about Greece, and it’s high time for another look, and another update, and another chance for people to understand what is happening to the country, and why. To understand that hardly any of it is because the Greeks had so much debt and all of that narrative.
    The truth is, Greece was set up to be a patsy for the failure of Europe’s financial system, and is now being groomed simultaneously as a tourist attraction to benefit foreign investors who buy Greek assets for pennies on the dollar, and as an internment camp for refugees and migrants that Europe’s ‘leaders’ view as a threat to their political careers more than anything else.
    I would almost say: here we go again, but in reality we never stopped going. It’s just that Greece’s 15 minutes of fame may be long gone, but its ordeal is far from over. If you read through this, you will understand why that is. The EU is deliberately, and without any economic justification, destroying one of its own member states, destroying its entire economy.

    This post was published at Zero Hedge on Dec 18, 2017.

  • “What The H*** Is Going On In Chicago” And Other Highlights From Trump’s Speech To FBI Grads

    With the feud between the White House and FBI growing bigger by the day, you know…in light of FBI Agent Peter Strzok’s efforts to collude with Deputy Director Andrew McCabe to institute an “insurance policy”intended to make sure Trump would never win in 2016, no one had any idea what to expect when Trump took the stage earlier this morning to address graduates of the FBI National Academy in Quantico, VA.
    As it turns out, Trump had nothing but praise for the FBI grads but he did re-launch his full-frontal assault on Mayor Rahm Emanuel and Chicago’s surging violent crime problem, asking “what the hell is going on in Chicago?”
    As a quick reminder, courtesy of stats from HeyJackAss!, here’s a quick recap of “what the hell is going on in Chicago.” In aggregate, 3,451 people have been shot so far in 2017, or roughly 1 person every 2.4 hours, and 651 have died from there injuries. Per the chart below, the violent crime is a persistent cloud over the city of Chicago with shootings and murders happening on a daily occurrence

    This post was published at Zero Hedge on Dec 15, 2017.

  • The Flattening US ‘Yield Curve’? NIRP Refugees Did it

    Sez Fitch & Yellen
    US Treasury securities are doing something that is worrying a lot of folks, including Fed Chair Janet Yellen: While short-term yields are rising in line with the Fed’s hikes of its target range for the federal funds rate, longer-term yield have done the opposite: they’ve been declining. This has flattened the ‘yield curve’ to a level not seen since before the Financial Crisis.
    This chart shows the yield curve of today’s yields (red line) across the maturity spectrum against the yields of exactly a year ago, after the rate hike at the time. Note how short-term yields on the left have risen in line with the rate hikes, while toward the right of the chart, long-term yields have fallen:

    This post was published at Wolf Street on Dec 14, 2017.

  • Two Portraits from the American Civil War

    Here are the portraits of famous figures from the Civil War:
    The first is a Democrat. Politically, he was the polar opposite of Abraham Lincoln and the new Republican Party. He was ardently pro-slavery. He supported the Lecompton Constitution that sought to make Kansas a slave state, and favored the Dred Scott decision that threw out the Missouri Compromise and opened even Northern territories to slavery.
    In 1860, this person attended the Democratic Convention. Before the party split and produced two rival nominees for president, he supported Jefferson Davis. After the split between the Northern and Southern democrats, he supported the Southern candidate, John C. Breckinridge, instead of the more moderate norther nominee, Stephen Douglas.
    Our second figure looks decidedly different. He is a Union officer who worked to recruit volunteers for the Northern cause. He led a regiment into Washington D. C. to defend the capital. His quick action against the South earned him a promotion to general, and he was put in charge of Fort Monroe. While he ran the fort, the general invoked international warfare rules to declare the runaway southern slaves ‘contraband,’ effectively emancipating them, even as President Lincoln was undermining similar actions by his other generals as an attempt to capitulate to Southern slave owners.
    But this Union general was brutal toward the South. In New Orleans, he was referred to as a ‘Beast.’ When he was placed in command of the Southern metropolis, one of his first actions was to execute William Mumford for his audacity in lowering the flag of the United States. Southerners saw him as exceedingly cruel, but he epitomized the image of a Northern patriot. Jefferson Davis, who had the political support of the first character, turned his ire on this second figure by publishing a list of his crimes against Southerners, futilely hoping to enrage the North.

    This post was published at Ludwig von Mises Institute on Dec 9, 2017.

  • US Homelessness Rate Rose This Year For First Time Since 2010

    Here’s one statistic about the US economy that you probably won’t find in President Trump’s twitter feed.
    Thanks to a surge in homelessness centered around several large west coast cities, the overall rate of homelessness in the US ticked higher this year, the first increase since 2010, according to a survey from the Department of Housing and Urban Development.
    The U. S. Department of Housing and Urban Development released its annual Point in Time count Wednesday, a report that showed nearly 554,000 homeless people across the country during local tallies conducted in January. That figure is up nearly 1 percent from 2016.
    Of that total, 193,000 people had no access to nightly shelter and instead were staying in vehicles, tents, the streets and other places considered uninhabitable. The unsheltered figure is up by more than 9 percent compared to two years ago.
    Increases are higher in several West Coast cities, where the explosion in homelessness has prompted at least 10 city and county governments to declare states of emergency since 2015.
    The homelessness crisis is only one byproduct of the burgeoning wealth inequality in the US caused by the Federal Reserve’s decision to pump trillions of dollars of ‘stimulus’ into the markets.
    Central-bank money printing has caused asset valuations to balloon while wages for everyone but the most highly skilled workers have stagnated, as the chart below illustrates.

    This post was published at Zero Hedge on Dec 7, 2017.

  • A Radical Critique of Universal Basic Income

    This critique reveals the unintended consequences of UBI.
    Readers have been asking me what I thought of Universal Basic Income (UBI) as the solution to the systemic problem of jobs being replaced by automation. To answer this question, I realized I had to start by taking a fresh look at work and its role in human life and society. And since UBI is fundamentally a distribution of money, I also needed to take a fresh look at our system of money. That led to a radical critique of Universal Basic Income (UBI) and an outline for a much more sustainable and just system of money and work than we have now. To adequately explore these critical topics, I ended up writing a 50,000 word book, Money and Work Unchained. Universal Basic Income (UBI) is increasingly being held up as the solution to automation’s displacement of human labor. UBI combines two powerful incentives: self-interest (who couldn’t use an extra $1,000 per month) and an idealistic commitment to guaranteeing everyone material security and reducing the rising income inequality that threatens our social contract–a topic I’ve addressed many times over the past decade.

    This post was published at Charles Hugh Smith on TUESDAY, DECEMBER 05, 2017.


    Everyone’s heard the story about the government’s promise to spend $1 trillion on fixing America’s aging critical infrastructure. But there’s another big money story that few investors know of…
    Trump’s trillion-dollar pledge won’t come close to fixing our infrastructure. It’ll take $3.6 trillion to make this happen. And in the midst of this infrastructure crisis, one little-known company has launched an artificial intelligence coup that could save us billions.
    Consider the dire straits of a massive network of critical infrastructure that industries, the environment and human lives all count on, every minute of every day:
    S. dams are failing from coast to coast: 15,500 of our 90,500 dams now a high-hazard potential for public safety and the economy and it will take $60 billion to fix them. 180,000 people were recently evacuated in California because of fears that the largest dam in the U. S. would collapse. Pipelines have caused almost 9,000 significant accidents in only 30 years, hitting us with $8.5 billion in damages, killing hundreds and injuring thousands. The U. S. spends almost $3 billion every year just cleaning up spills in our waterways. The over 140 oil refineries in the U. S. are potential disasters waiting to happen, with more than 500 accidents since 1994, and explosions killing and threatening millions with fatal toxins.

    This post was published at The Daily Sheeple on DECEMBER 4, 2017.


    NOVEMBER 29, 2017
    Organizers with the left-leaning group Housing Works told protesters they must ‘risk arrest’ in order to be reimbursed for airfare to Washington, D. C., according to an internal email obtained by The Daily Caller News Foundation.
    ‘We will transport, house and feed you, and deal with all legal support. Caveat: if you are far away from DC and expensive to transport, we can probably only fly you if you can risk arrest,’ the internal email told supporters.

    This post was published at The Daily Sheeple on PHILLIP STUCKY, THE DAILY CALLER NEWS FOUNDATION /.

  • Did Janet Yellen Just Recommend Buying Bitcoin

    Janet Yellen’s last semi-annual testimony before Congress as Fed Chair has just concluded, and as usual it was filled with long-winded platitudes, which were enough to make the blood of anyone actually listening to her slow-motion drawl, come to a boil.
    For one, Yellen’s hypocrisy hit bitcoinian levels when she had the temerity to say that she is ‘very disturbed’ about the trend toward rising inequality, noting that the central bank only has a ‘blunt tool’ that can’t be used to target certain groups. She’s right: the “blunt tool”, also known as a money printer, is can – and has – been repeatedly used to target a certain group: the ultra wealthy, i.e., the 0.1%, those who as Credit Suisse showed two weeks ago, have never been wealthier.
    And just to make sure all your blood has boiled over, Yellen added that the Fed is very focused on ‘very disturbing long-term trends’ in inequality adding that “our own focus”’ is on taking those trends and studying them… and making them bigger than ever she should have also added.
    Demonstrating her extensive skills of pointing out the obvious, Yellen also said that ‘we’re suffering from slow productivity growth,’ and there should be a focus on how that can be improved. It appears that the Fed is unaware that most employees spend several hours a day on Facebook, LinkedIn and SnapChat; it also appears that the Fed is unaware that most employers are aware of this, and is why there has been so little wage growth to “reward” this collapse in productivity.

    This post was published at Zero Hedge on 29, 2017.

  • Demographic Dysphoria: Swiss Village Offers Families Over $70,000 To Live There

    Across the world, demographic dysphoria is taking shape, creating numerous headaches for governments. To avoid the next economic downturn, governments are searching for creative measures to increase population growth and deliver a sustainable economy. In Europe, a near decade of excessive monetary policy coupled with a massive influx of refugees have not been able to reverse negative population growth – first spotted in 2012.

    This post was published at Zero Hedge on Nov 25, 2017.

  • NFL Ratings Slump Worsens As ESPN Forced To Slash $80 Million In Salary Costs

    As the NFL continues to try to address the ongoing civil war between Dallas Cowboys owner Jerry Jones and Commissioner Roger Goodell, not to mention the intermittent hostile fire from the White House, viewers are increasingly deciding they’ve had enough and are abandoning professional football viewership altogether. As the NY Post points out today, the embattled league saw ratings dip 6.3% in Week 11 meaning 1 million fewer people tuned in to see players take a knee during the national anthem versus last year.

    The TV audience for NFL games steepened its slide in Week 11, losing 1 million viewers versus last year’s season-to-date average.
    The 6.3 percent slump – worsening from comparable declines of 5.6 to 5.7 percent during the previous three weeks – plagued a week whose off-the-field drama made gridiron tackling seem almost tame by comparison.
    After starting 11.8 percent behind last year’s TV audience for NFL games in Week 1, league viewership had either held its own or narrowed the gap through Week 8.

    This post was published at Zero Hedge on Nov 23, 2017.

  • All The Old World Systems Are Being Deliberately Torn Down

    As we approach the holiday season many people turn to thoughts on tradition, heritage, principles, duty, honor and family. They consider the accomplishments and even the failures of the past and where we are headed in the future. For most of the year, the average American will keep their heads in the sands of monotony and decadence and distraction. But during this time, even in the midst of the consumption frenzy it has been molded into, people tend to reflect, and they find joy, and they find worry.
    What perhaps does not come to mind very often though are the institutions and structures that provide the “stability” by which our society is able to continue in a predictable manner. While many of these institutions are not built with the good of the public in mind, they often indirectly secure a foundation that can be relied upon, for two or three generations, while securing power for the establishment. The problem is, the establishment is never satisfied with a static or semi-peaceful system for very long. They are not satisfied by being MOSTLY in control, they seek total control. Thus, they are often willing to create chaos and crisis and even tear down old structures that previously benefited them in order to gain something even greater (and more oppressive for the rest of us).
    The official Thanksgiving holiday, for example, did not really begin as a homage to the colonial settlers and pilgrims of America’s birth and their struggles to build a new life. While George Washington did proclaim a “Day of Thanks” in 1789, the model for Thanksgiving began far later, in 1863 as the Civil War was raging. It was the Civil War that upset the traditional balance of power between the states and the federal government, nearly annihilating the nation and asserting federal power as unquestionable for decades to come. A moment of great chaos which destroyed old institutions (like the 10th Amendment) but gave establishment elitists even more control in the end.

    This post was published at Alt-Market on Wednesday, 22 November 2017.

  • The Great Retirement Con

    The Origins Of The Retirement Plan
    Back during the Revolutionary War, the Continental Congress promised a monthly lifetime income to soldiers who fought and survived the conflict. This guaranteed income stream, called a “pension”, was again offered to soldiers in the Civil War and every American war since.
    Since then, similar pension promises funded from public coffers expanded to cover retirees from other branches of government. States and cities followed suit — extending pensions to all sorts of municipal workers ranging from policemen to politicians, teachers to trash collectors.
    A pension is what’s referred to as a defined benefit plan. The payout promised a worker upon retirement is guaranteed up front according to a formula, typically dependent on salary size and years of employment.
    Understandably, workers appreciated the security and dependability offered by pensions. So, as a means to attract skilled talent, the private sector started offering them, too.
    The first corporate pension was offered by the American Express Company in 1875. By the 1960s, half of all employees in the private sector were covered by a pension plan.
    Off-loading Of Retirement Risk By Corporations
    Once pensions had become commonplace, they were much less effective as an incentive to lure top talent. They started to feel like burdensome cost centers to companies.
    As America’s corporations grew and their veteran employees started hitting retirement age, the amount of funding required to meet current and future pension funding obligations became huge. And it kept growing. Remember, the Baby Boomer generation, the largest ever by far in US history, was just entering the workforce by the 1960s.

    This post was published at PeakProsperity on Friday, November 17, 2017,.

  • Saudi Coup Signals War And The New World Order Reset

    For years now, I have been warning about the relationship of interdependency between the U. S. and Saudi Arabia and how this relationship, if ended, would mean disaster for the petrodollar system and by extension the dollar’s world reserve status. In my recent articles ‘Lies And Distractions Surrounding The Diminishing Petrodollar’ and ‘The Economic End Game Continues,’I point out that the death of the dollar as the premier petrocurrency is actually a primary goal for establishment globalists. Why? Because in an effort to achieve what they sometimes call the “global economic reset,” or the “new world order,” a more publicly accepted centralized global economy and monetary framework is paramount. And, this means the eventual implementation of a single world currency and a single global economic and political authority above and beyond the dollar system.
    But, it is not enough to simply initiate such socially and fiscally painful changes in a vacuum. The banking powers are not interested in taking any blame for the suffering that would be dealt to the masses during the inevitable upheaval (or blame for the suffering that has already been caused). Therefore, a believable narrative must be crafted. A narrative in which political intrigue and geopolitical crisis make the “new world order” a NECESSITY; one that the general public would accept or even demand as a solution to existing instability and disaster.
    That is to say, the globalists must fashion a propaganda story to be used in the future, in which “selfish” nation-states abused their sovereignty and created conditions for calamity, and the only solution was to end that sovereignty and place all power into the hands of a select few “wise and benevolent men” for the greater good of the world.

    This post was published at Alt-Market on Wednesday, 15 November 2017.

  • George Soros To Congress: “Please Don’t Cut My Taxes”

    After transferring over the bulk of his personal wealth to his ‘Open Society’ Foundation – the umbrella organization for a network of dozens of political groups that push Soros’s far-left agenda across the US and Europe, Soros is still comfortable enough to justify giving away even more of his money – this time to the US federal government.
    Taking a page out of Warren Buffett’s book, Soros and a group of some 400 other rich Americans – including doctors, lawyers and CEOs – are sending a formal letter to Congress chiding lawmakers for trying to reduce taxes on the richest American families at a time when wealth inequality is rapidly expanding. Instead, the letter asks Congress not to pass any tax bill that ‘further exacerbates inequality’ and adds to the debt (both of the current Republican plans would add $1.5 trillion to the debt over 10 years).
    The letter was penned by Responsible Wealth, a group of ‘enlightened’ rich people that includes Ben & Jerry’s Ice Cream founders Ben Cohen and Jerry Greenfield, fashion designer Eileen Fisher and philanthropist Steven Rockefeller, in addition to Soros. Along with the big names are many individuals and couples who rank among the top 5% of Americans (those who have $1.5 million in assets or earn $250,000 or more a year).
    In a rebuttal to Congress’s argument that corporate tax cuts will help stimulate growth, the letter argues that corporations are already reaping record profits. Instead of handing more money to the wealthy, the letter’s signers argue the government should use the funds to invest in education, research and roads that benefit everyone, while protecting entitlement programs like Medicaid.

    This post was published at Zero Hedge on Nov 14, 2017.

  • Bill Blain: “Why We Should Be Very Nervous About Corporate Bonds”

    Why we should be very nervous about corporate bonds
    ‘Before the fiddlers have fled, before they ask us to pay for the bill and while we still have the chance….’
    This might be week the proverbial chickens have more need than ever of somewhere to recover from the last 9 years of frothy market madness. Take a look at the signs and signals – the Nikkei taking a 1000 point spanking last week, the US stock market looking wobbly on the lack of any real prospect of tax reform (my stock chartists have picked though the graphs, and see sell signals everywhere), articles saying Europe is poised on the edge of an economic boom-time (which, by the laws of financial common sense means its about the tumble back into recession…)
    And then there is the UK – where sterling is in flight on rumours of a no confidence motion in Theresa May.. FFS.. Does the fact a confidence vote might be on the cards actually mean there are still people who have any confidence in her? I though we all understood how this plays out? I though we all agreed she is absolutely the worst possible leader of the conservatives and worst ever choice for prime minster, with the notable exception of any other elected conservative MPs?
    Very interesting research note from a US investment banks says there is a 40% likelihood of a Labour Corbyn government by 2022. The risks of an election are elevated by the party spilt/civil war on Brexit, but also on May fundamentally misreading the leftwards shift in UK electoral attitudes – the Tories need a socially liberal leader to win an election. (I’ve got the phone number of the other Milliband brother if they are interested.)

    This post was published at Zero Hedge on Nov 13, 2017.