by Mish Shedlock, Mish Talk:
In Europe, where it is essentially taboo to publicly discuss anything deemed politically incorrect, some interesting conversations are taking place in the Italian parliament regarding the future of Italy in the eurozone.
Via email, Eurointelligence asks Is Italy heading for debt restructuring or euro exit?
We are reporting from an important conference in Rome yesterday that has caught the Italian news headlines this morning – on the future of Italian public debt. It was organized by the Five Star Movement, held in the Italian chamber of deputies, and openly discussed issues such default mechanism inside the eurozone, sovereign debt restructuring mechanisms, parallel payment systems, and of course euro exit.
by Alexander Mercouris, The Duran:
As North Korea tests another long range missile reports from North Korea confirm that far from being in crisis its economy is in the midst of a boom.
Both the US and Russia say that the Hwasong-14 missile which was launched today is of intermediate range, and is not as North Korea claims an intercontinental ballistic missile (“ICBM”). It seems that whilst the missile can cover all of Alaska it does not have the range to reach the rest of the continental United States.
Though this is almost certainly true – and is in accord both with what Chinese and Russians specialists say about the North Korean ballistic missile programme – the fact that the very first test of such a powerful and sophisticated missile appears to have been completely successful highlights North Korea’s growing mastery of ballistic missile technology.
by Kenneth Schortgen, The Daily Economist:
On July 1, a new law went into effect which removes all taxation from the buying and selling of Bitcoin in the nation of Japan. And with their already having recognized the cryptocurrency as a viable medium of exchange within their monetary system, the world’s third largest economy has moved another step closer to recognizing Bitcoin as a legitimate currency.
Japan’s tax reform bill which officially eliminated consumption tax on the sale of Bitcoin came into effect on July 1. Bitcoin trading activities are expected to rise in Japan following the activation of the bill.
by Jim Hoft, The Gateway Pundit:
Multi-billion dollar corporation CNN is Extorting a Private Citizen over a Joke Tweet!
CNN reported today that they declined to publicly identify the Reddit user who created the Trump CNN wrestling video because he promised not to do it again.
CNN reporter Andrew Kaczynski then went on to say, “CNN reserves the right to publish his identity should any of that change.”
Islam and the Left
During my college talks, I’m often asked what arguments to use when debating with the regressive Left. I always have the same answer: Islam.
There is nothing else which better exposes the modern Left’s rank hypocrisy, their disregard for the facts, and their hatred for the West and all it stands for than their attitude to Islam. Every noble principle the Left claims to uphold, from rights for women to gay liberation, even diversity itself, dies on the altar of its sycophantic defense of Islam.
Karl Marx called religion the “opium of the masses.” If you look at the Left’s attitude to Christianity, you might think they believe in this message. The progressive Left’s comedians and columnists never miss an opportunity to belittle and denigrate conservative Christians, and yet, they defend Islam at the expense of every other minority. Bill Maher, Sam Harris, Richard Dawkins and Christopher Hitchens have all been frustrated by this question: Why is the Left refusing to lift a finger against the most radical, dangerous, socially conservative and oppressive religion on earth?
by Kerry Lutz, Financial Survival Network:
Sharyl Attkisson is a respected investigative reporter who’s just released another book, The Smear: How Shady Political Operatives and Fake News Control What You See, What You Think and How You Vote. The book chronicles a number of different players involved in the DC Smear Machine, how they carry out their often slanderous activities and why the press is so compliant, often carrying the water for known deceivers. It’s a distressing state of affairs that has been getting worse for the past three decades. It’s gotten to the point that you can’t trust anything the media reports. To not fall pray, you must become a critical thinker and be aware of the tricks they use to control your thoughts.
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French president Emmanuel Macron has declared he will govern France like Jupiter, the Roman king of the gods
French president Emmanuel Macron has declared he will govern France like Jupiter, the Roman king of the gods, shortly after officials told the media his thought process was “too complex” for journalists to understand.
Summoning over 900 politicians from both houses of the French parliament to a rare Congress at the palace of Louis XIV – the ‘Sun King’ – in Versailles, he threatened to overrule lawmakers with a referendum if they try to frustrate the “reforms” he wishes to impose on the legislature. Such assemblies are usually reserved for times of national crisis.
China Issues Dire Warning On North Korea: “Sooner Or Later It Will Get Out Of Control And The Consequences Would Be Disastrous”
by Mac Slavo, SHTF Plan:
While the world watches in jest as Japanese residents prepare for the possibility of a confrontation with North Korea by panic buying nuclear shelters and air purifiers, we may soon realize that their efforts to desperately acquire protective gear and equipment for nuclear disaster were quite prescient.
Yesterday, North Korea successfully tested what is reportedly an ICBM (Inter-Continental Ballistic Missile) capable of striking Alaska from the Korean peninsula. Coupled with their purported advancements in nuclear technology, North Korea may now have the ability to launch devastating attacks on their southern neighbor, Japan and even the United States. And if they have not yet achieved the ability to fit a nuclear warhead on an ICBM and deliver it effectively to its target, they are inching closer by the day.
from Hang The Bankers:
CNN is once again the target of the internet, this time for outing the Reddit user who allegedly created an anti-CNN video championed by President Donald J. Trump.
That video shows Trump participating in a professional wrestling match in which he body-slams Vince McMahon, chief executive of World Wrestling Entertainment.
The original video was recorded in 2007, during WrestleMania 23, while the crudely doctored video that appeared on Reddit and was approvingly tweeted by Trump was made last Wednesday. Showing a CNN logo where McMahon’s head should be, some have called it an incitement to violence toward journalists.