Not satisfied with economic distortions resulting from the redefinition of full-time employment to 30 hours for Obamacare purposes but 32 hours for every other purpose, President Obama is back at it.
Today, by executive order, Obama doubled the threshold for overtime pay to $47,476 a year.
The Labor Department estimates the ruling will affect 4.2 million workers. Continue reading »
After a month-long scare campaign waged by Saudi Arabia, and in no small part the Obama administration, which went so far as to threaten it would dump its US Treasurys (which the NYT previously had quantified as $750 billion however which the Treasury just yesterday disclosed for the first time in 41 years as only $117 billion, suggesting the Saudis would likely also have to sell US stocks and various other US-denominated assets), if the US were to pass a bill that would hold it legally liable for the Sept 11 attacks, it will be up to Obama to veto the bill because moments ago the Senate unanimously passed said bill, bringing Congress closer to a showdown with the White House. Continue reading »
On behalf of Prensa Latina news agency, Miguel Fernandez was the only journalist from the Western world accredited to work in the Syrian capital of Damascus for nearly a year. After returning home to Havana, Fernandez gave Sputnik News an exclusive interview in which he reflects back on what he experienced in the war torn country.
Fernandez first gets into the single biggest lesson he learned, which is that the people of Syria don’t give in, they don’t stop pursuing the dream of having a prosperous country.
“Seeing how these people don’t give in, that they dream about a prosperous country, is the biggest lesson that Syria gave me” Continue reading »
A McKinsey study shows Obamacare insurers lost money in 2014 and the losses doubled in 2015.
Amazingly, the study concludes there’s nothing to worry about because “30 percent of insurers nationwide were profitable.”
Meanwhile, outright refusals to accept Obamacare mount. “Sorry, We Don’t Take Obamacare” is now a frequent response. Continue reading »
Here we go again. After all of the incidents that have taken place over the last few months between the U.S. and Russia, capped by NATO moving 4,000 troops to the Russian border, one would assume that the antagonizing would stop, at least for the time being.
Then again, the U.S. will do whatever it pleases.
As Sputnik reports, yet another U.S. surveillance plane flew close to the Russian border earlier today, although as of right now it is not clear if it was again intercepted by a Russian flanker.
USAF RC-135V 64-14844 c/s ELGIN33 airborne over southern Baltic sea. Prob. intercepted by Flanker. Transponder is on.
— Baltic Watch (@BalticWatch) May 15, 2016
At least this time it appears that the reconnaissance plane had its transponder on, which Russia had in no uncertain terms suggested takes place if the U.S. plans to continue to fly near its borders. Continue reading »
Imagine – the European Union were to collapse tomorrow – or any day soon for that matter. Europeans would dance in the streets. The EU has become a sheer pothole of fear and terror: Economic sanctions – punishment, mounting militarization, the abolition of civil rights for most Europeans. A group of unelected technocrats, representing 28 countries, many of them unfit to serve in their own countries’ political system, but connected well enough to get a plum job in Brussels – are deciding the future of Europe. In small groups and often in secret chambers they decide the future of Europe. Continue reading »
The Obama Administration has been negotiating in secret, a commercial “trade” agreement called the Trans-Pacific Partnership (TPP). We have the full text – and now you do too! Continue reading »
Healthcare insurers are already taking it on the chin. Some insurers got out of the healthcare business entirely, others stopped coverage in multiple states due to mounting losses.
What happened is healthy individuals, especially millennials decided to opt out of Obamacare. Those who opted in after having been denied coverage previously were high-cost individuals.
Adding fat to the fire, a federal court ruled today that “cost sharing reductions” to insurers are unconstitutional payments.
Hillary Clinton’s strategy to get in front of voters and answer one-on-one type questions is not working out very well.
First, Clinton couldn’t explain to an unemployed West Virginian why she was promising to put a lot of coal miners out of work. Now, Hillary can’t explain why Obamacare fees are higher than promised, and are set to explode even higher next year.
Back in November 2008, then Russian president Dmitry Medvedev made a stark warning to NATO: “Russia will deploy Iskander missile systems in its enclave in Kaliningrad to neutralize, if necessary, the anti-ballistic missile system in Europe.“
Several years we followed up with a report that as Europe was ramping up NATO expansion, Russia may have followed through on its warning when as Bild then reported, Russia stationed missiles with a range of about 500 kilometers in its Kaliningrad enclave and along its border with the Baltic states of Estonia, Latvia and Lithuania. Continue reading »
Every year it’s the same: some legacy mainstream media mouthpiece muses on how great Obama’s recovery would be… if only it wasn’t for stingy US consumers refusing to spend like the drunken sailors of days gone by. Last June, it was the WSJ’s Jon Hilsenrath who actually wrote a letter to American consumers, confused by their unwillingness to spend and explicitly accused them of being “stingy” even as the “Federal Reserve was counting” on them to spend, spend, spend. For those who have forgotten this absolute pearl, here it is again: Continue reading »
Following the latest escalation in South China Sea territorial tensions, which culminated with China refusing to grant the Stennis aircarrier group access to the Hong Kong port, overnight the US decided to provoke some more Chinese anger when it sailed the guided missile destroyer the USS William P. Lawrence within 12 nautical miles of Chinese-occupied Fiery Cross Reef, according to U.S. Defense Department spokesman, Bill Urban said. This was the third warship the US has sent into contested waters in the South China Sea in less than seven months.
Chinese facilities on Fiery Cross Reef include a 3,000-metre (10,000-foot) runway which the United States worries China will use it to press its extensive territorial claims at the expense of weaker rivals.
Urban said that the so-called freedom of navigation operation was undertaken to “challenge excessive maritime claims” by China, Taiwan, and Vietnam which were seeking to restrict navigation rights in the South China Sea. What was not said is that the US once again decided to test the preparedness and eagernss of China to respond to what it perceives maritime territorial aggression. Continue reading »
Just recently we warned that thanks to Obamacare, insurers would be unveiling enormous premium increases to the public, ironically just one week before the presidential election.
As the Wall Street Journal reports, Oregon and Virginia are the first two states to make insurers’ premium proposals for 2017 public, and we are now able to see a glimpse of what will be coming regarding insurance premiums for next year [Spoiler alert: it’s ugly]. While it is noted that some of the subsidies provided by the federal government will help the lowest income consumers cover the bill, based on what we have learned from Virginia and Oregon, a vast majority of individuals will be googling “sticky wages” soon, as they scramble to figure out how they’re going to be able to afford such enormous increases. Continue reading »
You really can’t make this stuff up!
TTIP is just one of several phony “trade” deals written by corporate lawyers and lobbyists, and negotiated in secret between the Obama administration and various world leaders. This particular scam involves the U.S. and Europe, and it has seen increased public resistance and attention as of late, something I highlighted in the post, Leaked Documents Expose the TTIP Trade Deal as a Subversive Imperial Scam.
Now watch what happened when a MEP (member of European parliament) tried to read the thing. It’s very blurry, but you’ll get the point.
Democracy this is not.
On May 9th, the U.S. and Russia issued a “Joint Statement of the Russian Federation and the United States on Syria”, saying that, “The Russian Federation and United States are determined to redouble efforts to reach a political settlement of the Syrian conflict consistent with UNSCR 2254.”
UNSCR 2254, from the U.N. Security Council, on 18 December 2015, refers several times to, and endorses, “a Syrian-led and Syrian-owned political transition in order to end the conflict in Syria,” and, in one passage, it “stresses that the Syrian people will decide the future of Syria.” It goes on, to state that the Security Council: Continue reading »
– On Any Given Day, The Average American Going About His Daily Business Will Be Monitored, Surveilled, Spied On And Tracked In More Than 20 Different Ways, By Both Government And Corporate Eyes And Ears:
Constitutional and civil rights lawyer John Whitehead of the Rutherford Institutes notes:
On any given day, the average American going about his daily business will be monitored, surveilled, spied on and tracked in more than 20 different ways, by both government and corporate eyes and ears.
“Opium production has increased 33 fold from 185 tons in 2001 to 6100 tons in 2006. In 2007, Afghanistan provided approximately 93% of the global supply of heroin…”
One of the many catastrophic legacies left behind by the longest war in U.S. history is that Afghanistan produces 90% of the world’s opium. As with most parts of the world, the most vulnerable pay the heaviest price of war, and the country has faced a harrowing escalation in the number of child heroin addicts.
“What’s happened in Afghanistan over the last 13 years has been the flourishing of a narco-state that is really without any parallel in history,” Kabul-based journalist Matthieu Aikins told Democracy Now back in 2014. Continue reading »
Syria as the Libya of the Levant
How the United States presumes to possess the authority to determine the fate of a sovereign nation thousands of miles from its own shores in the Middle East is never explained by US Secretary of State John Kerry when he recently announced a new ultimatum leveled at Damascus. Nor is it explained why Syria should capitulate to US demands to begin a political transition that has demonstrably left other nations across the Middle East and North Africa (MENA) divided, destroyed, and safe-havens for state-sponsored terrorism years after “successful” US-backed regime change has been achieved – Libya most notably.
Yet despite all of this, according to the Associate Press (AP) in their article, “Kerry warns Assad to start transition by Aug. 1 or else,” the United States fully expects Damascus to concede to a “political transition” engineered by Washington, leaving the nation in the hands of verified terrorists linked directly to the political and militant forces currently laying waste to Libya and those nations that put them into power.
The article reports: Continue reading »
Authored by Eric Zuesse,
On May 7th, Deutsche Wirtschafts Nachrichten, or German Economic News, headlined, “USA planen mit TTIP Frontal-Angriff auf Gerichte in Europa” or “U.S. Plans Frontal Attack on Europe’s Courts via TTIP,” and reported that, “America’s urgency to sign TTIP with Europe has solid reason: Megabanks must protect themselves from claims by European investors who allege that they were cheated during the debt crisis. … The U.S. Ambassador to Italy has now let the cat out of the bag on this — probably unintentionally.” Continue reading »
Dr Christina Lin, a leading young scholar on jihadist groups, opens her April 8th commentary at Asia Times: «In a blunder reeking of the fallout caused by supplying Stinger anti-aircraft missiles to 1980s mujahideen in Afghanistan, civilian airline passengers are now under threat from Syrian jihadists armed with portable surface-to-air missiles (MANPADS).
Reports say some American-backed jihadi groups are being equipped with US-made MANPADS. Indications are they’re obtaining these advanced weapons either directly or indirectly from the US or its Mideast allies in connection with a recent escalation in the fighting in Syria. Continue reading »
With Obama yet again on TV, taking credit for the Fed’s reflation of the stock market as somehow indicative of an economic “recovery” (“fiction peddlers” not allowed in the crowd), here is another way of showing the unprecedented transformation in the US labor pool: since December 2014, the US has added just under 450,000 waiters and bartenders, and no manufacturing workers.
Behold: “Obama’s recovery.”
And here is the longer-term picture, going back to the start of the crisis in December 2007: please do not “peddle fiction” upon seeing this chart. Continue reading »
Last month I have had, once again, the real pleasure to have a one hour long conversation with Catherine Austin Fitts, the president of Solari, Inc., the publisher of The Solari Report and managing member of Solari Investment Advisory Services. Normally, the Catherine’s interviews are for subscribers only, but she has kindly agreed to make it available for free to our community.
Here is the main page of the interview: https://solari.com/blog/the-saker-a-uni-polar-vs-multi-polar-world/
You can listen to the interview here: https://solari.com/audio/sr20160407_InterviewHQ.mp3
You can get the transcript in PDF format here: https://solari.com/00archive/web/solarireports/2016/sr20160407_1.pdf
I highly recommend that you check out the rest of the Solari Reports and the Solari Books.
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Just days after we exposed Texas police planning for riots and conducting mass arrest drills, the site of hundreds of M1 Abrams battle-tanks rolling on a train through Houston raised more than a few eyebrows…
Several locals reported seeing a train Tuesday, loaded full of tanks, painted in a desert tan color – the second time in a week.
As of now the rail-train’s destination is unknown.
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– After the leaks showed what it stands for, this could be the end for TTIP (The Independent):
The documents show that US corporations will be granted unprecedented powers over any new public health or safety regulations to be introduced in future. If any European government does dare to bring in laws to raise social or environmental standards, TTIP will grant US investors the right to sue for loss of profits
Today’s shock leak of the text of the Transatlantic Trade and Investment Partnership (TTIP) marks the beginning of the end for the hated EU-US trade deal, and a key moment in the Brexit debate. The unelected negotiators have kept the talks going until now by means of a fanatical level of secrecy, with threats of criminal prosecution for anyone divulging the treaty’s contents.
Now, for the first time, the people of Europe can see for themselves what the European Commission has been doing under cover of darkness – and it is not pretty. Continue reading »