Wednesday, May 23, 2018

The Long Death of America’s Middle Class

by Doug Casey, International Man:

The American middle class is dying.

In 2015, it dipped below 50% of the population for the first time since data collection started on the issue. It’s now an official minority group.

Meanwhile, nearly half of Americans don’t have enough money to cover a surprise $400 expense. Many are living paycheck to paycheck, with little to no cushion. And US homes are less affordable than they’ve been in decades—possibly ever.

I’ll tell you why this is happening and how to secure your spot among the “haves” in a moment. But first, let’s take a look at the America that was.

Doug Casey on the Future of War

by Doug Casey, Casey Research:

Justin note: Something’s stuck with me since the last time I spoke with Doug Casey.

Earlier this month, we discussed the new “era of peace” in the Korean Peninsula. Doug talked about a meme floating around the internet saying that the US could employ a new super weapon dubbed the “Rod from God.”

While this weapon probably won’t be deployed anytime soon… it got me thinking about the future of war.

Specifically, how they’ll be fought and how they’ll be different from past wars.

I called up Doug for more on this idea…

A.I. Takes Over Hospital Jobs In London, Implantable Smart Devices In Soldiers, And Growing Organs

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by Aaron Kesel, Activist Post:

University College London Hospitals (UCLH) and the Alan Turing Institute aim to bring ‘game-changing’ benefits of artificial intelligence to NHS patients and replace some workers, The Guardian reported.

The tasks traditionally performed by doctors and nurses, from diagnosing cancer on CT scans to deciding which A&E patients are seen first, will now be able to be conducted by A.I.

“It’s going to be a game-changer,” Prof Bryan Williams, director of research at University College London Hospitals NHS Foundation Trust said. “You can go on your phone and book an airline ticket, decide what movies you’re going to watch or order a pizza … it’s all about AI,” he added. “On the NHS, we’re nowhere near sophisticated enough. We’re still sending letters out, which is extraordinary.”

Welfare by Another Name

by Jim Rickards, Daily Reckoning:

One of the first things I learned as a registered Washington lobbyist, (yes, I admit it, I was a lobbyist in the 1990s), is “you can’t beat something with nothing.”

That’s a Washington insider’s way of saying that if you don’t like an opponent’s policies, it’s not enough to moan and complain about them and throw insults. You have to come up with a policy of your own that appeals to voters and can be offered to the public as an alternative.

This has been a problem for Democrats lately.

Trump Tightens Ratchet On Venezuela By Barring Purchases Of Venezuelan Debt Including PDVSA

from Silver Doctors:

One day after Nicolas Maduro won another six-year term as Venezuela’s president in a vote that western countries denounced as illegitimate and which the opposition boycotted, President Donald Trump escalated economic pressure on the Latin American nation with an executive order prohibiting purchases of debts owed to the government, including to the state-run oil company Petroleos de Venezuela, Bloomberg reported.

The Geopolitics of Impeachment: Recalling Nixon in the Trump-era

by Caleb Maupin, New Eastern Outlook:

Throughout Trump’s presidency, the memory of Nixon has been invoked by both opponents and supporters of “The Donald.” Richard Nixon stands out as the only President in U.S. history to have resigned, and not completed his term in office.

During Trump’s presidential campaign, Trump used Nixon’s famous catch-phrases, referring to the “silent majority” and calling himself a “law and order” candidate. Roger Stone, who worked for the Nixon administration’s Office of Economic Opportunity, was notably on board with the Trump campaign. Meanwhile, outspoken Trump opponent Meryl Streep starred in the recently released film “The Post” dramatizing the Washington Post’s legal battle against the Nixon administration. Rachel Maddow and other liberal voices have compared allegations against Trump to the revelations surrounding the infamous Watergate Scandal.

Hawaii volcano lava flows into power plant, sparking fears of deadly gas release

by Jim Quinn, The Burning Platform:

Emergency workers in Hawaii are racing to protect a geothermal power plant near the Kilauea Volcano. Slow-moving molten rock entered the site and is just a few hundred yards from the wells. There is concern lava could trigger the release of deadly hydrogen sulfate gas, reports CBS News’ Mark Strassmann.

Lava continued its steady advance toward the Puna Geothermal Venture Plant before stalling late Monday. The facility is shut down, but the wells there still present a risk if overrun with the molten rock.

America’s long-term challenge #3: destruction of the currency

by Simon Black, Sovereign Man:

On April 2, 1792, George Washington signed into law what’s commonly referred to as the Mint and Coinage Act.

It was one of the first major pieces of legislation in the young country’s history… and it was an important one, because it formally created the United States dollar.

Under the Act, the US dollar was defined as a particular amount of copper, silver, or gold. It wasn’t just a piece of paper.

A $10 “eagle” coin, for example, was 16.04 grams of pure gold, whereas a 1 cent coin was 17.1 grams of copper.

Doctor accused in $240-million fraud case allegedly misdiagnosed and falsely administered chemo to patients

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by Madison Dapcevich, Intellihub:

A Texas doctor has been indicted on seven counts of health care fraud after allegedly administering “chemotherapy and other toxic medications” based on false diagnoses. The Federal Bureau of Investigation (FBI) estimates that 61-year-old Dr Jorge Zamora-Quezada victimized thousands of people, many of whom were undocumented immigrants.

According to a federal unsealed indictment, Zamora-Quezada and unnamed co-conspirators intentionally misdiagnosed patients with various degenerative diseases, including rheumatoid arthritis, to allegedly defraud health insurers by billing unnecessary treatments.

As Investigators Move Closer To The Truth, Obama Officials Feel The Squeeze

by Tim Brown, Freedom OutPost:

As they say in law enforcement, there are 100 ways to get caught for a crime and although you might think of 99 of them, the one you forgot will expose you.

A “pincer movement,” otherwise known as a double envelopment, occurs when a military force attacks both flanks of an advancing enemy force simultaneously. At a certain point, only two options remain for the enemy troops; they can either surrender or they can fight to the last man.

Over the last couple of weeks, Obama era DOJ and FBI officials have become the enemy troops surrounded by Congressional investigators on one side and the DOJ Inspector General and his team on the other side. They are starting to feel a bit squeezed as their false narrative starts to unravel.