Today we look at a unique dataset – Gallup’s annual poll of job satisfaction – to see what it can tell us about secular trends in employment, consumer confidence and spending. This annual survey of +1,000 people active in the U.S. workforce goes back to the late 1980s, so it is a useful lens with which to consider issues like labor force participation rates that have shifted unexpectedly over the period. Continue reading »
Have you ever noticed how plainclothes and off-duty police officers, often have a complete lack of awareness in regards to how they appear to the average citizen? Many of them don’t seem to realize that when you act like a cop, but don’t dress like one, you appear absolutely crazy and terrifying. However, one off-duty detective was recently recorded pulling over a driver, and he behaved in a way that would still be unbecoming of a fully dressed police officer.
The driver managed to catch the entire incident on his dash camera, which despite the date labeled in the video, happened last Sunday in Medford Massachusetts. After he accidentally committed a minor traffic infraction, the detective went ballistic. Continue reading »
As we recently warned, the hyperinflationary collapse in Venezuala is reaching its terminal phase. With inflation soaring at least 65%, murder rates the 2nd highest in the world, and chronic food (and toilet paper shortages), the following disturbing clip shows what is rapidly becoming major social unrest in the Maduro’s socialist paradise… and perhaps more importantly, Venezuela shows us what the end game for every fiat money system looks like (and perhaps Janet and her colleagues should remember that).
Venezuela’s hyperinflation is reaching its final stages. It is probably already far too late for the government to stop the complete collapse of its currency. The bolivar is in the process of transforming from a medium of exchange to tinder for wood-stoves. Venezuelans who had the presence of mind to convert their savings into gold or foreign currency in good time are likely to survive the conflagration intact.Continue reading »
Months ago, when Alexis Tsipras, Yanis Varoufakis, and their Syriza compatriots had just swept to power behind an ambitious anti-austerity platform and bold promises about a brighter future for the beleaguered Greek state, we warned that Greece was one or two vacuous threats away from being “digitally bombed back to barter status.”
Subsequently, the Greek economy began to deteriorate in the face of increasingly fraught negotiations between Athens and creditors, with Brussels blaming the economic slide on Syriza’s unwillingness to implement reforms, while analysts and commentators noted that relentless deposit flight and the weakened state of the Greek banking sector was contributing to a liquidity crisis and severe credit contraction.
There are plenty of ‘everyday Americans’ out there with perfectly good haircuts, styled by perfectly good hairdressers, in perfectly good Main Street salons… so why is self-proclaimed populist person-of-the-everyday-American Hillary Clinton getting a $600 haircut at Bergdorf Goodman’s Fifth Avenue store in NYC?
This dangerous, biotech-industry-friendly GMO labeling legislation is on its way to the Senate, but the fight is far from over. Action Alert!
As we reported last week, Rep. Mike Pompeo (R-KS) introduced a bill that has been championed by the Monsantos of the world, not to mention the Big Food industry. The deceptively titled “Safe and Accurate Food Labeling Act of 2015” would preempt state efforts to pass mandatory GMO labeling laws with a completely voluntary standard. It would also block communities and states from banning the cultivation of GMO crops.
A voluntary standard? What company that uses GMO ingredients would voluntarily disclose that fact? You may remember the devastating quote from an employee of a Monsanto subsidiary back in ’94: “If you put a label on genetically engineered food, you might as well put a skull and crossbones on it.” In other words, if it’s voluntary, consumers will never see a label containing the information they have overwhelmingly said they want. That’s why pro-labeling advocates have called the bill the “DARK” (“Deny Americans the Right to Know”) Act. Continue reading »
Citizens of the United States are being denied the right to know what they are feeding their families. Despite the fact that 90% of American citizens want GMO labelling on their food, big business is doing everything it can to prevent people from accessing their rights. Representative Pompeo’s bill, popularly known as the DARK Act (Denying Americans the Right to Know), has been written almost entirely by the biotech industry lobby. While American citizens are advocating for their rights to knowledge and healthy, affordable food, Monsanto’s legal team is busy on every legislative level trying to prevent this from happening.
Back in May we outlined the cost to the Greek economy of each day without a deal between Athens and creditors.
At the time, a report from the Hellenic Confederation of Commerce and Enterprises showed that 60 businesses closed and 613 jobs were lost for each business day that the crisis persisted without a resolution.
Since then, things have deteriorated further and indeed, with the imposition of capital controls, businesses found that supplier credit was difficult to come by, leading to the very real possibility that Greece would soon face a shortage of imported goods, something many Greeks clearly anticipated in the wake of the referendum call as evidenced by the lines at gas stations and empty shelves at grocery stores.
A few hours later we find out that it was because as CNBC reported in its sequel, another farmer has lost it all… and more. As CNBC’s Eunice Yoon reports, just a few weeks after his glorious gamble in China’s manipulated market, the farmer “trader “now owes – thanks to wonders of margin calls and leverage – as much as he originally invested.
From the hope-filled exuberance of early June to Yang Cheng’s utter hopelessness, “I have lost everything,” after he followed the government’s ‘grand plan’ to open the economy and encourage stock market speculation. Continue reading »
The cult of “science” has a fetish for trying to amalgamate humanity with machine. And its latest endeavor in this pursuit has taken the form of an emerging brain implant technology that would render humans part flesh, part computer.
Researchers from the University of California, Berkeley (UCB), have come up with a concept they’ve dubbed “neural dust” that they say can be implanted into people’s brains for data collection purposes. And the technology is reportedly so small that humans wouldn’t even know it was inside their heads. Continue reading »
Three months ago, just as the last Census Homeownership and residential vacancy report hit, Gallup released its latest survey which confirmed just how dead the American Dream has become for tens if not hundreds of millions of Americans.
According to the poll, the number of Americans who did not currently own a home and say they do not think they will buy a home in “the foreseeable future,” had risen by one third to 41%, vs. “only” 31% two years ago. Non-homeowners’ expectations of buying a house in the next year or five years were unchanged, suggesting little change in the short-term housing market.
As Gallup wryly puts it, “what may have been a longer-term goal for many may now not be a goal at all, and this could have an effect on the longer-term housing market.”
Earlier today, the US Census released its latest homeownership data, which confirmed that for what is left of America’s middle class, owning a home has become virtually impossible, with the homeownership rate plunging from the lowest level since 1986, or 63.7%, to just 63.4% the lowest reading since the first quarter of 1967.Continue reading »
The video is pretty much three parts: there’s the part where Planned Parenthood swears up and down that they don’t harvest babies for profit. There’s the testimony from a former phlebotomist and tissue harvester that yes, Planned Parenthood harvests babies for profit. And then there’s the (content warning) part where you see a couple of Planned Parenthood staffers casually separate out an aborted baby on a clear pie dish and ask the sting operatives whether said operatives would be willing to buy the… stuff. Oh, and then they made it clear that they want to be paid per item, not per baby:
“I think a per-item thing works a little better, just because we can see how much we can get out of it.”Continue reading »
Nursery school staff and registered childminders must report toddlers at risk of becoming terrorists, under counter-terrorism measures proposed by the Government.
The directive is contained in a 39-page consultation document issued by the Home Office in a bid to bolster its Prevent anti-terrorism plan.
The document accompanies the Counter-Terrorism and Security Bill, currently before parliament. It identifies nurseries and early years childcare providers, along with schools and universities, as having a duty “to prevent people being drawn into terrorism”.
Never fear good citizens of Great Britain. While your government actively does everything in its power to protect criminal financial oligarchs and powerful pedophiles, her majesty draws the line at toddler thought crime. We learn from the Independent:
A three-year-old child from London is one of hundreds of young people in the capital who have been tipped as potential future radicals and extremists.
As reported by the Evening Standard, 1,069 people have been put in the government’s anti-extremism ‘Channel’ process, the de-radicalization program at the heart of the Government’s ‘Prevent’ strategy.Continue reading »
The mystery behind a Los Angeles gun fanatic found decomposing in a car last week has deepened as his fiancée’s family said he was an alien-hybrid secretly working for the government.
The bizarre statement came Wednesday as the betrothed woman’s lawyer identified the dead man as Jeffrey Alan Lash — almost one week after he was discovered rotting in his car parked on the street in the tony Pacific Palisades neighborhood.
Los Angeles police found more than 1,200 guns, nearly 7 tons of ammunition, bows and arrows, knives, machetes and $230,000 in cash inside Lash’s home last Friday.
They also discovered a Toyota SUV designed to drive underwater among the 14 vehicles registered in his name.
Dr. Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University.
In an article on April 13 I used the so-called Civil War and the myths with which court historians have encumbered that war to show how history is falsified in order to serve agendas. I pointed out that it was a war of secession, not a civil war as the South was not fighting the North for control of the government in Washington.
As for the matter of slavery, all of Lincoln’s statements prove that he was neither for the blacks nor against slavery. Yet he has been turned into a civil rights hero, and a war of northern aggression, whose purpose Lincoln stated over and over was “to preserve the union” (the empire), has been converted into a war to free the slaves. Continue reading »
Dozens of protesters gathered in Detroit to protest the unveiling ceremony of a controversial bronze Baphomet statue by the Satanic Temple. When the one-ton goat-headed statue was finally exposed, supporters welcomed it, and cheered “Hail Satan!”
The Satanic Temple kept the location of the unveiling of the colossal monument secret until the last moment, emailing the information to ticket holders only. The group received threats that protesters would allegedly blow it up or burn it down, according to the Raw Story. Continue reading »
Minority Report, eat your heart out. The real system is worse than anyone could have imagined.
By now, everybody knows that the NSA and a host of other alphabet agencies are spying on Americans, collecting virtually every piece of communications data they exchange, regardless of whether or not they are “doing anything wrong.”
But what are they doing with it?
Apart from its value in consumer and marketing fields, the data is used to create “threat assessments” and put a black mark on the record of anyone who the authorities deem troublesome that will follow them throughout their career, and make it harder for individuals to get a job, qualify for a loan, travel, or enjoy the rights of a (now once) free society.