Sunday, December 15, 2019

Janet Yellen Blames A Federal Reserve Induced Faltering Economy on… Wait For It… Drugs!

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by Jeff Berwick, The Dollar Vigilante:
Central planning is only good for two things. Poverty and comedy.

The stories from the Soviet Union central planners are just that. They caused abject poverty for hundreds of millions of people AND created hilarious stories about shortages of such things as right shoes. The claim was that two factories were set up, one to make left shoes, and one to make right shoes. But when the factories started in production it was discovered that both were making left shoes creating a massive shortage of right shoes.

When central planning is involved get ready for starving people and laughs galore!

The Democratic Party Remains on the Verge of Collapse

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by Michael Krieger, Liberty Blitzkrieg:
You don’t need to be a genius to see that the Democratic Party doesn’t really stand for anything when it comes to the issues that matter most to U.S. voters. This is a topic I’ve written about incessantly since last year’s embarrassing loss by status quo, corporate media, donor-favorite Hillary Clinton, and it was highlighted once again in a recent Washington Post-ABC News poll with the response to the following question.

One of the world’s most popular tech companies just lost another $2 billion…

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by Simon Black, Sovereign Man:
Last night Netflix executives announced that a record 104 million people worldwide now subscribe to its service.

This number handily beat what analysts were expecting, and the stock SURGED nearly 9{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} to an all-time high. Netflix is now trading at more than 200 times earnings.

Look, I like Netflix. House of Cards is entertaining.

But you shouldn’t invest in a business based on its number of customers and quality of content alone.

Race Against Time to Create Computer of the Future Requires a Quantum Leap

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from Rogue Money:
American multinational IBM (International Business Corporation) has announced plans to build the first universal quantum computer, with the intention of selling them commercially. It is not known when exactly these computers will be available, but it is estimated to be within the next few years. Initial computers will be accessed via the cloud and the first applications would be for drug and materials discovery, financial services and supply chain. The company has not yet disclosed what these computers will cost.

Quantum computers will reportedly give us the possibility of exploring the world we don’t have data for. The computers use the way particles interact at a subatomic level to make calculations, while conventional computers make use of electronic gates, switches and binary code. Unlike conventional silicon chip-based computers, which render data in one of two states (1 or 0), quantum computers allow data to exist in both states simultaneously, giving quantum computers the ability to hold exponentially more information.

It’s Official: Impeachment Resolution against President Donald J. Trump. H. RES. 438

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by Prof Michel Chossudovsky, Global Research:
An impeachment motion against President Donald John Trump was introduced on July 12 in the US House of Representatives by Rep Brad Sherman (D-CA) and Rep Al Green (D-TX).

The Article of Impeachment (H. Res. 438) against President Donald J. Trump points to “High Crimes and Misdemeanors”.

According to Rep. Brad Sherman, “the Article is based on Article 1, dealing with “Obstruction of Justice,” which was passed by the Judiciary Committee on a bipartisan vote on July 27, 1974, regarding Richard M. Nixon.”

Sherman accuses Trump of “obstructing investigations into Russian meddling in the 2016 presidential election”.

Yes, Bill Clinton ASKED Russia to interfere in a US presidential election

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by Jon Rappoport, No More Fake News:
Press outlets are now reminding us that President Bill Clinton interfered in the 1996 Russia election that brought Boris Yeltsin to power for a second term.

This is by way of saying, “Well, if Putin helped Trump win the 2017 election, so what? The US did the same thing in Russia.”

That’s an interesting but not terribly strong argument. However, there is another piece to the 1996 Clinton op, and it is explosive and quite relevant.

Let’s start here, with the 1996 leak of a document detailing a meeting between Bill Clinton and Boris Yeltsin. Sean Guillory, writing at jacobinmag.com, states:

Is the COMEX Rigged?

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by Ronan Manly, BullionStar:
The COMEX gold futures market and the London OTC gold market have a joint monopoly on setting the international gold price. This is because these two markets generate the largest ‘gold’ trading volumes and have the highest ‘liquidity’. However, this price setting dominance is despite either of these two markets actually trading physical gold bars. Both markets merely trade different forms of derivatives of gold bars.

Overall, the COMEX (which is owned by the CME Group) is even more dominant that the London market in setting the international price of gold. This is a feat which financial academics ascribe to COMEX being a centralized electronic platform offering low transaction costs, ease of leverage, and “the ability to avoid dealing with the underlying asset” (i.e. COMEX allows its participants to avoid dealing with gold bars). Because of these traits, say the academics, COMEX has a ‘disproportionately large role in [gold] price discovery”.

On the Assassination Attempt on Kim Jong-un

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by Konstantin Asmolov, New Eastern Outlook:
The beginning of May 2017 was marked by a series of high-profile statements published by the DPRK media on the unmasking of an alleged attempt to topple the country’s top leadership. On May 5, the Ministry of State Security of the DPRK made official statements to this effect. Then on May 11, Deputy Foreign Minister Han Song-ryol stressed that the DPRK Prosecutor’s Office shall “seek the extradition of all criminals involved, including the organizers and instigators of this state terrorism act, based on the laws in force in the country.” The criminals referred to in this statement included former South Korean President Park Geun-hye and former Head of the Special Services of the Republic of Korea Lee Byoung Ho. A little later, the North Korean web portal Uriminzokkiri published a 23-minute YouTube video showing a man admitting to masterminding an assassination attempt on Kim Jong-un.

A Backpacker’s Perspective on Bugging Out, by Z.M.

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by Sarah Latimer, Survival Blog:
I like to backpack and want to share my perspective on bugging out. I’ve done hundreds of miles out on the Appalachian Trail and have spent a good number of nights out on the trail in the woods as a result. Having the wrong gear while trekking out for any length of time makes life pretty miserable.

Bugging In or Bugging Out, With a Comprehensive List
With prepping there is a lot of debate on whether one should bug-in or bug-out post-disaster. The answer to that obviously depends upon not only the situation but how well prepared you are with tangible assets and outdoors skills as well.

I’ve seen a host of writers, who talk about bugging out, give their “comprehensive lists” with what you’ll need. But, to me, it is readily apparent that very few of these writers have ever spent a night out in the woods.

Why 2017 Is Like 1969

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by Charles Hugh Smith, Of Two Minds:
1969-2017: and here we are again, in so many ways.

A deeply polarizing new president, a disastrously misguided official narrative that the political Establishment doggedly supports despite a damning lack of evidence, and an economy teetering on the edge of recession–and worse.

Sound familiar? Welcome to 1969 redux. The similarities between the crises unfolding in 1969 and the present-day crises are not just skin-deep–they’re systemic.

Consider the basic parallels.

1. Nixon was if anything more polarizing than Trump. If there was any politician Democrats loved to hate, it was Nixon. Yet Nixon won a close race against an Establishment Democrat, at least partly because he ran as a “peace candidate” and because he spoke to the Silent Majority who disagreed with the nation’s direction. The Silent Majority was mocked and ridiculed by the mainstream media as racist, close-minded deplorables.