Barack Obama Is On Track To Be The Only President In History To Never Have A Year Of 3% GDP Growth

obama-handsign-satanic-salute

Barack Obama Is On Track To Be The Only President In History To Never Have A Year Of 3% GDP Growth:

We just got another extremely disappointing GDP number.  It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent.  In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent.  What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession.   As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949?.  This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent.  Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent.  But this has not happened under Obama even though he has had two terms in the White House.

The following are the yearly GDP growth numbers under Obama.  They come directly from the official website of the World Bank

Read moreBarack Obama Is On Track To Be The Only President In History To Never Have A Year Of 3% GDP Growth

Majority of Britons back PM Theresa May on launching nuke attack that would kill 100,000

Majority of Britons back PM May on launching nuke attack that would kill 100,000:

PM Theresa May was right to give an unequivocal “yes” according to 66 percent of Britons, when asked if she would personally launch a retaliatory nuclear strike that would kill 100,000 civilians, while 59 percent say they would push the button themselves.

The British Prime Minister May said she would use the UK’s nuclear arsenal in response to a nuclear attack by a foreign nation, as she was promoting the renewal of the Trident missile system in Parliament. She argued that threats to the UK from such countries as Russia and North Korea “remain very real.”

May’s attitude was overwhelmingly supported by two-thirds of Britons polled by YouGov on Tuesday and Wednesday. Only 19 percent said she was wrong to say what she did.

Sixty-six percent of respondents said they would support a nuclear retaliation while 59 percent said they would personally launch one, if they were in May’s position.

Read moreMajority of Britons back PM Theresa May on launching nuke attack that would kill 100,000

Top Economist at D.C. Lefty Think Tank Murdered

Top Economist at D.C. Lefty Think Tank Murdered:

For the record.

Dr. Molly Macauley was stabbed to death July 8 near her home in the Roland Park section of Baltimore while walking her dogs, reports WSJ.

Macauley’s murder was the first in Roland Park since 1998. A Baltimore police spokesman said no arrests have been made in the case.

Read moreTop Economist at D.C. Lefty Think Tank Murdered

AND NOW: ‘They’ve already won’: Refugee Olympic Team arrives in Rio (VIDEO, PHOTOS)

‘They’ve already won’: Refugee Olympic Team arrives in Rio (VIDEO, PHOTOS):

The 10 members of the Refugee Olympic Team (ROT), the first of its kind, have arrived in Rio de Janeiro, Brazil for the Olympic Games. The group will march as an independent team under the Olympic flag when the opening ceremony takes place on August 5.

The team is made up of two swimmers from Syria, two judo fighters from Democratic Republic of Congo, five runners from South Sudan and a marathon runner from Ethiopia.

ROT coach Geraldo Bernardes said that regardless of whether they win a medal, getting to Rio is already a great achievement for each team member.

Read moreAND NOW: ‘They’ve already won’: Refugee Olympic Team arrives in Rio (VIDEO, PHOTOS)

Cop Loses it, Shoots Up Church in Rampage Over Violence Toward Police — NO CHARGES

Cop Loses it, Shoots Up Church in Rampage Over Violence Toward Police — NO CHARGES:

Sommervell County, TX — A 27-year-old deputy was arrested after he admitted to getting drunk and unloading pistols into a Presbyterian church. Instead of facing charges for dangerously discharging a firearm in public, Sommervell County Sheriff’s Deputy, William Cox was set free.

The incident began on July 13 when officers responded to a 9-1-1 call about a maniac shooting up a church. When police arrived they found Cox drunk in the parking lot, who immediately admitted to the crime.

Read moreCop Loses it, Shoots Up Church in Rampage Over Violence Toward Police — NO CHARGES

In 50 Years This Has Never Failed To Trigger A Bear Market

In 50 Years This Has Never Failed To Trigger A Bear Market:

Authored by Jesse Felder of TheFelderReport.com,

It’s earnings season once again and it looks as if, as a group, corporate America still can’t find the end of its earnings decline since profits peaked over a year ago. What’s more analysts, renowned for their Pollyannish expectations, can’t seem to find it, either.

So I thought it might be interesting to look at what the stock market has done in the past during earnings recessions comparable to the current one. And it’s pretty eye-opening. Over the past half-century, we have never seen a decline in earnings of this magnitude without at least a 20% fall in stock prices, a hurdle many use to define a bear market.

Bear Market

In other words, buying the new highs in the S&P 500 today means you believe “this time is different.” It could turn out that way but history shows that sort of thinking to be very dangerous to your financial wellbeing.

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Steve Wynn: Trump Vs Hillary Is A Distraction From The Real Problem, Which Ends With “Wheelbarrows Full Of Money”

Steve Wynn: Trump Vs Hillary Is A Distraction From The Real Problem, Which Ends With “Wheelbarrows Full Of Money”:

The traditionally outspoken Steve Wynn continued doing what he does best during the quarterly WYNN earnings call, which is rage against what he sees as the problem du jour in the US economy. Recall that last quarter he set his sight on the manipulated US stock market, and HFT traders in particular:

“The other day I was watching the stock open up, and it went up on share volumes of a few thousand shares. I mean, every trade was a tick up. That’s not the way it should operate in an honestly or intelligently run exchange.   But that’s the thing, all those guys sold their dark pools and their order flow and the positioning on the floors of the servers to the HFTs. And it’s made a couple of guys that I’m friendly with very rich because they are high-frequency traders. But I don’t respect the activity, and I’m severely critical of it. And don’t mind saying so, either.”

This time, during the July 28 Q2 earnings call, the 74 year old billionaire chimed in on the most important topic for the US economy over the next 4 months: the presidential election, and – in typical brutally frank fashion – he cuts right to the chase. Here is the key segment, with our highlights, responding to a question on what to expect from the US election.

Read moreSteve Wynn: Trump Vs Hillary Is A Distraction From The Real Problem, Which Ends With “Wheelbarrows Full Of Money”

AND NOW: Obama Plans To Take October Off To Campaign For Hillary All Month

Threat to Legacy Gives Obama Powerful Motive to Stump for Hillary Clinton:

Driven by those fears, the president plans to campaign aggressively for Mrs. Clinton this fall. Aides have largely cleared his calendar in October, and barring new crises, the White House expects Mr. Obama to be on the campaign trail almost daily leading up to Election Day.

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

#BREAKINGNEWS: Terrorist Cell Exposed As Canadian Government Operation (Video)

30.07.2016

It’s official, the Canadian government acts as a terrorist organization, through the police and intelligence communities and therefore we as tax payers are supporting true terrorism! In this video Dan Dicks of Press for Truth breaks down the latest “foiled terror plot” in Canada.

Sources:

http://www.straight.com/news/746076/j…

https://www.theguardian.com/world/201…

https://www.youtube.com/watch?v=jkOy6…

https://www.youtube.com/watch?v=Ye4FE…

Read more#BREAKINGNEWS: Terrorist Cell Exposed As Canadian Government Operation (Video)

‘Make America great again?’ Ok, Trump: end lie-started illegal Wars of Aggression, arrest Left and Right .01% War Criminals and banksters, enact monetary reform and public banking for $1,000,000 per US household benefits. If not, you’ll join the arrested

‘Make America great again?’ Ok, Trump: end lie-started illegal Wars of Aggression, arrest Left and Right .01% War Criminals and banksters, enact monetary reform and public banking for $1,000,000 per US household benefits. If not, you’ll join the arrested:

A “great” America has at least these three required policies:

  1. End lie-started and unlawful Wars of Aggression.
  2. Arrest Left and Right .01% War Criminals and .01% trillions-looting banksters.
  3. Enact monetary reform and public banking for ~$1,000,000 per US household benefits.

Because the documented facts are Emperor’s New Clothes obvious, any US leader, including Trump as president must stop the worst crime a nation’s military Commander-in-Chief can commit, arrest those who engaged in them, arrest banksters for fundamental fraud with tens of trillions in damages, and enact obvious economic reforms.

If Trump as US President will not act for these three policies, he must join those arrested for ongoing US crimes killing millions, harming billions, and looting trillions.

Read more‘Make America great again?’ Ok, Trump: end lie-started illegal Wars of Aggression, arrest Left and Right .01% War Criminals and banksters, enact monetary reform and public banking for $1,000,000 per US household benefits. If not, you’ll join the arrested

Hillary Vows Regime Change in Syria if Elected

Hillary Vows Regime Change in Syria if Elected:

(ANTIWARAccording to Democratic presidential nominee Hillary Clinton’s foreign policy adviser, she would order a “full reeview” of the Syrian war as her first task upon taking office, with an eye toward a “reset” of the conflict to shift focus toward attacking the Assad government and imposing regime change.

Clinton’s aide, former Pentagon chief of staff Jeremy Bash, insisted that Assad’s was a “murderous regime” and that US foreign policy would be to escalate both the war against ISIS and this new war against Assad to get both “out of there” at the same time.

Read moreHillary Vows Regime Change in Syria if Elected

At Least 28 Civilians Killed From US Airstrikes in Northern Syria

At Least 28 Civilians Killed From US Airstrikes in Northern Syria:

(ANTIWARAccording to the Syrian Observatory for Human Rights, US airstrikes against al-Ghandour in northern Syria have killed at least 28 civilians, including seven children. The town is near the city of Manbij, which has been a major target of US strikes over the past two months.

This attack is in addition to the other US attacks in and around Manbij in recent weeks, including one Tuesday of last week which was estimated to have killed around 200 civilians. Overall, the US strikes have killed well over 300 civilians since the offensive began in May.

Read moreAt Least 28 Civilians Killed From US Airstrikes in Northern Syria

AND NOW: Revenge: Activists unleash 1,000s of locusts, cockroaches on Byron burger branches for migrant sting

Revenge: Activists unleash 1,000s of locusts, cockroaches on Byron burger branches for migrant sting:

Radical activists released thousands of cockroaches, crickets and locusts at two outlets of Byron Hamburgers, a chain that helped the Home Office deport its migrant staff earlier this month. Protesters say they will bankrupt Byron if it doesn’t apologize.

The London Black Revolutionaries and the Malcolm X Movement forced the shutdown of the upmarket burger chain’s St. Giles and Holborn branches on Friday night by unleashing what they said were 8,000 crickets, 4,000 cockroaches, and 1,000 locusts in front of bemused customers.

Read moreAND NOW: Revenge: Activists unleash 1,000s of locusts, cockroaches on Byron burger branches for migrant sting

‘Why Bill Clinton’s Hebrew Hillary Button Resonated’

H/t reader squodgy:

“Ooh! Will you PLEDGE YOUR ALLIANCE?

Of course.”


bill-clinton-hebrew-hillary-buttonBill Clinton sporting a Hebrew Hillary Clinton button on Wednesday July 27 2016 at the Democratic National Convention in Philadelphia. (MSNBC)

Why Bill Clinton’s Hebrew Hillary button resonated

PHILADELPHIA (JTA) — There was a thrill ride on Jewish Democratic social media Wednesday night when Bill Clinton was spotted at the Democratic National Convention sporting a button backing his wife – in Hebrew.

Robert Wexler, a former Democratic congressman, indulged in a little partisan kvelling when he appeared Thursday with Israeli Ambassador Ron Dermer on a panel.

“What a remarkable statement for America that a former president of the United States could wear that,” said Wexler, who now directs the Center for Middle East Peace.

Read more‘Why Bill Clinton’s Hebrew Hillary Button Resonated’

Do not ‘import’ conflict – German politicians ahead of massive pro- and anti-Erdogan demos

Do not ‘import’ conflict – German politicians ahead of massive pro- and anti-Erdogan demos:

German politicians have urged people to show restraint and refrain from bringing Turkey’s internal tensions to Germany as the city of Cologne is bracing for a number of massive rallies both in support of and against Turkish President Recep Tayyip Erdogan.

“It is unacceptable that anyone would bring internal political tensions from Turkey to Germany and intimidate people with other political beliefs,” German Foreign Minister Frank-Walter Steinmeier told the German daily Suddeutsche Zeitung ahead of a massive rally of Turkish President Erdogan’s supporters and a number of counter-demonstrations that are scheduled to take place in Cologne on Sunday.

Read moreDo not ‘import’ conflict – German politicians ahead of massive pro- and anti-Erdogan demos

Australians protest over government’s lax reaction to abuse of Aboriginal teen detainees

Australians protest over government’s lax reaction to abuse of Aboriginal teen detainees:

Cities across Australia joined in protest over the government’s sub-par response to shocking videos of institutionalized child abuse at a detention facility – the latest in Australia’s dark record of racist treatment of Aboriginals.

A harrowing video emerged that was shot at the Don Dale facility near Darwin, showing an Aboriginal boy in a prison being strapped to a chair by three guards, tied everywhere, including by the neck. He also had a bag tied over his head, blinding and suffocating him, and was subsequently stripped. The footage sent shockwaves through the UN and elsewhere, but appeared to generate a much weaker response from Prime Minister Malcolm Turnbull, who stopped short of launching a national enquiry, deciding a smaller investigation would do.

Read moreAustralians protest over government’s lax reaction to abuse of Aboriginal teen detainees

Outbreak: Russian Bio Warfare Troops Rushed To Arctic: “Dangerous Infection”

russia-bio-2
(Russian troops prepare to board a plane to infected region of Northern Russia)

Outbreak: Russian Bio Warfare Troops Rushed To Arctic: “Dangerous Infection”:

The Russian military has reportedly sent biological warfare teams to the Russian arctic in northern Siberia after at least 40 people and 1,200 reindeer died as the result of a violent and rapid spread of what is believed to be Bacillus Anthracis, more commonly known as Anthrax.

Russian officials said the infection may have started after a contaminated corpse was exposed following a warm summer in the Arctic which saw temperatures rise as high as 95 degrees Fahrenheit.

Read moreOutbreak: Russian Bio Warfare Troops Rushed To Arctic: “Dangerous Infection”

No ID, No Problem – Feds Overrule North Carolina Voting Rules As “Discriminatory”

No ID, No Problem – Feds Overrule North Carolina Voting Rules As “Discriminatory”:

Hillary and the federal government are determined to ensure a “fair” and “open” election this November and will stop at nothing to reverse discrimination against “oppressed” segments of the American electorate, well at least if you live in a swing state.

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

From Socialist Utopia To Slave-Nation – Venezuela Unveils Shocking “Forced Labor” Law

From Socialist Utopia To Slave-Nation – Venezuela Unveils Shocking “Forced Labor” Law:

While we here in the United States debate pressing issues in the wake of the upcoming Presidential election, like the urgent need for gender-neutral bathrooms, the people of Venezuela remain entrenched in a food crisis that continues to sow widespread unrest which has become increasingly violent in recent months (see our post here).  So what do you do if you’re the President of a Socialist government with mounting civil unrest and growing political opposition seeking your ouster via a recall referendum?  Well you enslave your entire nation, of course.  

As Vice News reports, President Nicolás Maduro signed a new law last week that requires “all workers from the public and private sector with enough physical capabilities and technical know-how” to work in agricultural fields on demand.  The new law mandates that citizens can be required to work in the agricultural sector for a period of 60 days which can be extended “if the circumstances require it.”

Read moreFrom Socialist Utopia To Slave-Nation – Venezuela Unveils Shocking “Forced Labor” Law

Let Them Eat Cake: Venezuela Celebrates Chavez’ Birthday With $100,000 Cake, While Citizens Starve

Let Them Eat Cake: Venezuela Celebrates Chavez’ Birthday With $100,000 Cake, While Citizens Starve:

Nothing describes socialism more aptly than baking a 4 feet tall cake weighing 90 kilos for Hugo Chavez’s birthday (a dead man) while the rest of the country starves, cannot find basic necessities

maduro-torta

The cake is a recreation of the “Cuartel de la Montana”, the palace that Chavez famously stormed in 1992 as an army commander to protest Carlos Andres Perez’s government.

Read moreLet Them Eat Cake: Venezuela Celebrates Chavez’ Birthday With $100,000 Cake, While Citizens Starve