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          Fast food industry under pressure to decrease its global footprint stat      Cache   Translate Page      
Fast food is one of the most popular conveniences of modern society, but it comes at a huge risk to the environment. Amid growing concerns of agriculture and water risks, a group of global investors are putting pressure on the fast food industry to come up with a sustainable model to lower their footprint on the environment. The investors, who manage a combined $6.5 trillion, issued letters to six of the largest fast food chains in the United States. The letters asked the companies to explain...
          IN ITS INSANE ENTIRETY: The Nazi-esque Green New Deal Posted by @AOC and Then Rapidly Pulled Down      Cache   Translate Page      
Below is the fact sheet and FAQ posted on February 7, 2019 by @AOC and then rapidly pulled down after a firestorm of mockery, derision and reminders of its similarity to the stated goals of the Nazi and Communist Parties. Be aware there is a massive disinformation campaign attempting to claim that a GOP operative wrote the document and falsely attributed it to the totalitarian Marxist kook from New York. That assertion was hastily disproven. Here is AOC's document in all of its insane, fascist totalitarianism.

FEBRUARY 8, 2019

By Alexandria Ocasio-Cortez

Overview

We will begin work immediately on Green New Deal bills to put the nuts and bolts on the plan described in this resolution (important to say so someone else can’t claim this mantle).

This is a massive transformation of our society with clear goals and a timeline.

The Green New Deal resolution a 10-year plan to mobilize every aspect of American society at a scale not seen since World War 2 to achieve net-zero greenhouse gas emissions and create economic prosperity for all. It will:

§ Move America to 100% clean and renewable energy

§ Create millions of family supporting-wage, union jobs

§ Ensure a just transition for all communities and workers to ensure economic security for people and communities that have historically relied on fossil fuel industries

§ Ensure justice and equity for frontline communities by prioritizing investment, training, climate and community resiliency, economic and environmental benefits in these communities. § Build on FDR’s second bill of rights by guaranteeing:

· A job with a family-sustaining wage, family and medical leave, vacations, and retirement security

· High-quality education, including higher education and trade schools

· Clean air and water and access to nature

· Healthy food

· High-quality health care

· Safe, affordable, adequate housing

· Economic environment free of monopolies

· Economic security for all who are unable or unwilling to work

There is no time to waste.

o IPCC Report said global emissions must be cut by by 40-60% by 2030. US is 20% of total emissions. We must get to 0 by 2030 and lead the world in a global Green New Deal.

Americans love a challenge. This is our moonshot.

o When JFK said we’d go to the by the end of the decade, people said impossible.

o If Eisenhower wanted to build the interstate highway system today, people would ask how we’d pay for it. o When FDR called on America to build 185,000 planes to fight World War 2, every business leader, CEO, and general laughed at him. At the time, the U.S. had produced 3,000 planes in the last year. By the end of the war, we produced 300,000 planes. That’s what we are capable of if we have real leadership

This is massive investment in our economy and society, not expenditure.

o We invested 40-50% of GDP into our economy during World War 2 and created the greatest middle class the US has seen.

o The interstate highway system has returned more than $6 in economic productivity for every $1 it cost

o This is massively expanding existing and building new industries at a rapid pace – growing our economy

The Green New Deal has momentum.

o 92 percent of Democrats and 64 percent of Republicans support the Green New Deal

o Nearly every major Democratic Presidential contender say they back the Green New deal including: Elizabeth Warren, Cory Booker, Kamala Harris, Jeff Merkeley, Julian Castro, Kirsten Gillibrand, Bernie Sanders, Tulsi Gabbard, and Jay Inslee.

o 45 House Reps and 330+ groups backed the original resolution for a select committee

o Over 300 local and state politicians have called for a federal Green New Deal

o New Resolution has 20 co-sponsors, about 30 groups (numbers will change by Thursday).

FAQ

Why 100% clean and renewable and not just 100% renewable? Are you saying we won’t transition off fossil fuels?

Yes, we are calling for a full transition off fossil fuels and zero greenhouse gases. Anyone who has read the resolution sees that we spell this out through a plan that calls for eliminating greenhouse gas emissions from every sector of the economy. Simply banning fossil fuels immediately won’t build the new economy to replace it – this is the plan to build that new economy and spells out how to do it technically. We do this through a huge mobilization to create the renewable energy economy as fast as possible. We set a goal to get to net-zero, rather than zero emissions, in 10 years because we aren’t sure that we’ll be able to fully get rid of farting cows and airplanes that fast, but we think we can ramp up renewable manufacturing and power production, retrofit every building in America, build the smart grid, overhaul transportation and agriculture, plant lots of trees and restore our ecosystem to get to net-zero.

Is nuclear a part of this?

A Green New Deal is a massive investment in renewable energy production and would not include creating new nuclear plants. It’s unclear if we will be able to decommission every nuclear plant within 10 years, but the plan is to transition off of nuclear and all fossil fuels as soon as possible. No one has put the full 10-year plan together yet, and if it is possible to get to fully 100% renewable in 10 years, we will do that.

Does this include a carbon tax?

The Green New Deal is a massive investment in the production of renewable energy industries and infrastructure. We cannot simply tax gas and expect workers to figure out another way to get to work unless we’ve first created a better, more affordable option. So we’re not ruling a carbon tax out, but a carbon tax would be a tiny part of a Green New Deal in the face of the gigantic expansion of our productive economy and would have to be preceded by first creating the solutions necessary so that workers and working class communities are not affected. While a carbon tax may be a part of the Green New Deal, it misses the point and would be off the table unless we create the clean, affordable options first.

Does this include cap and trade?

The Green New Deal is about creating the renewable energy economy through a massive investment in our society and economy. Cap and trade assumes the existing market will solve this problem for us, and that’s simply not true. While cap and trade may be a tiny part of the larger Green New Deal plan to mobilize our economy, any cap and trade legislation will pale in comparison to the size of the mobilization and must recognize that existing legislation can incentivize companies to create toxic hotspots in frontline communities, so anything here must ensure that frontline communities are prioritized.

Does a GND ban all new fossil fuel infrastructure or nuclear power plants?

The Green New Deal makes new fossil fuel infrastructure or nuclear plants unnecessary. This is a massive mobilization of all our resources into renewable energies. It would simply not make sense to build new fossil fuel infrastructure because we will be creating a plan to reorient our entire economy to work off renewable energy. Simply banning fossil fuels and nuclear plants immediately won’t build the new economy to replace it – this is the plan to build that new economy and spells out how to do it technically.

Are you for CCUS [Carbon Capture, Utilization, and Storage]?

We believe the right way to capture carbon is to plant trees and restore our natural ecosystems. CCUS technology to date has not proven effective. How will you pay for it? The same way we paid for the New Deal, the 2008 bank bailout and extended quantitative easing programs. The same way we paid for World War II and all our current wars. The Federal Reserve can extend credit to power these projects and investments and new public banks can be created to extend credit. There is also space for the government to take an equity stake in projects to get a return on investment. At the end of the day, this is an investment in our economy that should grow our wealth as a nation, so the question isn’t how will we pay for it, but what will we do with our new shared prosperity.

Why do we need a sweeping Green New Deal investment program? Why can’t we just rely on regulations and taxes and the private sector to invest alone such as a carbon tax or a ban on fossil fuels?

· The level of investment required is massive. Even if every billionaire and company came together and were willing to pour all the resources at their disposal into this investment, the aggregate value of the investments they could make would not be sufficient.

· The speed of investment required will be massive. Even if all the billionaires and companies could make the investments required, they would not be able to pull together a coordinated response in the narrow window of time required to jump-start major new projects and major new economic sectors. Also, private companies are wary of making massive investments in unproven research and technologies; the government, however, has the time horizon to be able to patiently make investments in new tech and R&D, without necessarily having a commercial outcome or application in mind at the time the investment is made. Major examples of government investments in “new” tech that subsequently spurred a boom in the private section include DARPA projects, the creation of the internet - and, perhaps most recently, the government’s investment in Tesla.

· Simply put, we don’t need to just stop doing some things we are doing (like using fossil fuels for energy needs); we also need to start doing new things (like overhauling whole industries or retrofitting all buildings to be energy efficient). Starting to do new things requires some upfront investment. In the same way that a company that is trying to change how it does business may need to make big upfront capital investments today in order to reap future benefits (for e.g., building a new factory to increase production or buying new hardware and software to totally modernize its IT system), a country that is trying to change how its economy works will need to make big investments today to jump-start and develop new projects and sectors to power the new economy.

· Merely incentivizing the private sector doesn’t work - e.g. the tax incentives and subsidies given to wind and solar projects have been a valuable spur to growth in the US renewables industry but, even with such investment promotion subsidies, the present level of such projects is simply inadequate to transition to a fully greenhouse gas neutral economy as quickly as needed.

· Once again, we’re not saying that there isn’t a role for private sector investments; we’re just saying that the level of investment required will need every actor to pitch in and that the government is best placed to be the prime driver.

Resolution Summary

Created in consultation with multiple groups from environmental community, environmental justice community, and labor community. 5 goals in 10 years:

o Net-zero greenhouse gas emissions through a fair and just transition for all communities and workers o Create millions of high-wage jobs and ensure prosperity and economic security for all

o Invest in infrastructure and industry to sustainably meet the challenges of the 21st century o Clean air and water, climate and community resiliency, healthy food, access to nature, and a sustainable environment for all

o Promote justice and equity by stopping current, preventing future, and repairing historic oppression of frontline and vulnerable communities

National mobilization our economy through 14 infrastructure and industrial projects. Every project strives to remove greenhouse gas emissions and pollution from every sector of our economy:

o Build infrastructure to create resiliency against climate change-related disasters

o Repair and upgrade U.S. infrastructure. ASCE estimates this is $4.6 trillion at minimum.

o Meet 100% of power demand through clean and renewable energy sources

o Build energy-efficient, distributed smart grids and ensure affordable access to electricity

o Upgrade or replace every building in US for state-of-the-art energy efficiency

o Massively expand clean manufacturing (like solar panel factories, wind turbine factories, battery and storage manufacturing, energy efficient manufacturing components) and remove pollution and greenhouse gas emissions from manufacturing

o Work with farmers and ranchers to create a sustainable, pollution and greenhouse gas free, food system that ensures universal access to healthy food and expands independent family farming

o Totally overhaul transportation by massively expanding electric vehicle manufacturing, build charging stations everywhere, build out highspeed rail at a scale where air travel stops becoming necessary, create affordable public transit available to all, with goal to replace every combustion-engine vehicle

o Mitigate long-term health effects of climate change and pollution

o Remove greenhouse gases from our atmosphere and pollution through afforestation, preservation, and other methods of restoring our natural ecosystems

o Restore all our damaged and threatened ecosystems

o Clean up all the existing hazardous waste sites and abandoned sites

o Identify new emission sources and create solutions to eliminate those emissions

o Make the US the leader in addressing climate change and share our technology, expertise and products with the rest of the world to bring about a global Green New Deal

Social and economic justice and security through 15 requirements:

o Massive federal investments and assistance to organizations and businesses participating in the green new deal and ensuring the public gets a return on that investment

o Ensure the environmental and social costs of emissions are taken into account

o Provide job training and education to all

o Invest in R&D of new clean and renewable energy technologies

o Doing direct investments in frontline and deindustrialized communities that would otherwise be hurt by the transition to prioritize economic benefits there

o Use democratic and participatory processes led by frontline and vulnerable communities to implement GND projects locally

o Ensure that all GND jobs are union jobs that pay prevailing wages and hire local

o Guarantee a job with family-sustaining wages

o Protect right of all workers to unionize and organize

o Strengthen and enforce labor, workplace health and safety, antidiscrimination, and wage and hour standards

o Enact and enforce trade rules to stop the transfer of jobs and pollution overseas and grow domestic manufacturing

o Ensure public lands, waters, and oceans are protected and eminent domain is not abused

o Obtain free, prior, and informed consent of Indigenous peoples

o Ensure an economic environment free of monopolies and unfair competition

o Provide high-quality health care, housing, economic security, and clean air, clean water, healthy food, and nature to all

END


          The Real Problem With Elizabeth Warren's Wealth Tax      Cache   Translate Page      

Authored by Kai Weiss via The Mises Institute,

“America will never be a socialist country,” President Donald Trump proclaimed in this week’s State of the Union Speech. Regardless of how much truth we see in this statement, there is little question who these words were directed at. As the Democratic Party has shifted continuously to the left over the last years, it has welcomed politicians to its club who dub themselves as flat-out socialists. Today’s stars of the Democrats are not the Clinton’s and Pelosi’s anymore, but Bernie Sanders, Alexandria Ocasio-Cortez, and Kamala Harris.

All of them have their own grand, ready-made solutions to all of America’s problems. The newest is the idea of a wealth tax, which Elizabeth Warren presented and heavily promoted in recent days. The general idea of her plan is that the value of the wealth of the extremely-rich (or, in her sense, the “too-rich”) should be taxed, for households with over 50 million dollars by two percent, for those with over one billion dollars by three percent. In total, 75,000 households, a proud figure, would be affected, and it is this wealth tax that Warren sees as one of her centerpieces in, as she says, levelling the playing field.

A wealth tax is not a new idea, though it certainly has come out of fashion recently – in 1992 twelve OECD countries had one, now there are only four.

One of the central issues of a wealth tax is that it is difficult to actually implement and enforce. As Nicole Kaeding and Kyle Pomerleau from the Tax Foundation write, “the uber wealthy tend to have very hard-to-value assets,” such as ownership in real estate holdings, trusts, and most importantly, businesses.

Calculating the overall value of the wealth of a household would cost an immense amount of time and effort. Jeffrey Levine notes that wealthy households own “one of a kind works of art, ‘priceless’ jewelry, expensive cars … the list goes on and on. And now imagine the need to have all these assets valued each and every single year. It would be a total disaster show.” What effect such a measurement would have on a tax code which already comes in at 2.4 million words can already be presumed. The only ones profiting from such additional complications would be appraisers and lawyers, who will have the privilege to find out what the value of one’s wealth even is approximately.

Considering that wealth is not homogenous in kind, it would also lead to some households being hit much harder than others. It is one thing to sacrifice the least bad items of your investment portfolio or use inherited money to pay the tax. It is tougher to obtain the same amount of money if you are a business owner, who needs profitable returns year in, year out. In contrast to higher income tax rates, a wealth tax would also have a much more significant effect on one’s tax burden, since an annual tax on wealth would affect ones entire wealth every year, rather than “just” the newly accumulated income.

Of course, Elizabeth Warren not only wants to implement a wealth tax for being on the search for new funding of her costly projects, but also because “the rich” don’t pay their “fair share.” Disregarding the questionable assumption that letting those who are successful pay a much bigger share than the others would be fair, “the rich” already pay much more than the rest of the population anyway. Even Warren is admitting that when shesays that the top 0.1 percent pay 3.2 percent of total taxes, which is more than six times the share as the bottom 50 percent. The top 1 percent, meanwhile, pays a greater share of income taxes than the bottom 90 percent combined.

All of this is not to say that Elizabeth Warren is wrong when she says that “Washington is broken.” She is right when she says, like in a recent Bloomberg interview , that the system is stacked against the Average Joe, that “right now it works if you are a billionaire” or a “giant multinational corporation” or someone who is “wealthy” and “well-connected.” That the system is broken is one of the main reasons why someone like Donald Trump could ever become President (or even have a chance).

But the reason for this is not that government isn’t doing enough so far. It is instead that the government is doing too much, regardless of whether we talk of regulations and laws that are influenced by politically well-connected corporations and lobbyists, of a political elite that is wholly disconnected from their voting population, and certainly also of a financial system from which, every day, some profit from, while normal people further down the ladder lose out.

Not only that Washington is broken, however – it is broke as well at the tune of 22 trillion dollars. Warren’s wealth tax would raise 2.75 trillion dollars over the next ten years which she intends to not use on paying off debt, but on more spending on child care, lowering the student loan debt, and the “ Green New Deal .” Indeed, no confiscation from “the rich” of any kind could finance any programs for long. As Antony Davies noted , confiscating, for instance, the entire wealth of the 550 billionaires in the US, which would raise 2.5 trillion dollars, would be just enough to run the federal government for less than eight months. Washington’s problem is not revenue then, but spending.

So while Elizabeth Warren may be correct that the system is broken, she is quite wrong in how and why it is broken, and how to fix it. Instead of intervening even more in people’s affairs as she proposes, fixing the system would mean taking the state out of the system and, when not feasible, at least decentralize it away from Washington to state and local governments.

“Capitalism without rules is theft,” Warren says.

But instead of financing “the Swamp” even more, real capitalism (i.e., a free market system based on private property rights and voluntary exchange) might just be the way to fix the system.


          Fri. PM KTFA News Articles 2-8-19      Cache   Translate Page      
KTFA

Samson » February 8th, 2019

Vietnam : Credit growth of 14% a feasible target for 2019


2nd February, 2019

The country’s credit growth target of 14 per cent set for this year, the same rate as last year, was reasonable and achievable, economists said.

Nguyễn Đức Thành, Director of the Vietnam Institute for Economic and Policy Research under the Vietnam National University - Hanoi’s University of Economics and Business, said credit expansion is expected to remain stable this year at around 14 per cent.

According to Thành, there is no reason for a higher credit growth this year when the economy is still gaining a good growth rate without needing capital.

Thành explained that previously, Việt Nam’s economic growth often relied heavily on increased credit, however, things have changed. Now, the economy can grow without strong lending, particularly when the supporting industry as well as the services and agricultural sectors are becoming more attractive to foreign investors. “When credit use improves, there should be a better credit growth policy in the long term,” Thành suggested.

Full Post Here: LINK

Vietnam : Securities, bond markets set for strong 2019

31st January, 2019

SSC chairman Trần Văn Dũng. He predicts the stock market will continue its strong development this year thanks to positive macroeconomic fundamentals

Trần Văn Dũng, chairman of the State Securities Commission, speaks to Vietnam News Agency about the securities market’s prospects this year following negative growth in 2018.
What’s your assessment of the size and quality of the stock and bond markets?

The Vietnamese economy developed strongly in 2018 with macroeconomic indicators such as GDP growth, import-export turnover, inflation, the exchange rate, interest rate and budget spending meeting or beating targets set by the National Assembly.

The securities market, despite seeing a strong decline due to the volatility of global stock markets, recorded increases in market capitalisation and trading liquidity. It remained a key fund-raising channel for private firms and made great contributions to overall economic development.

The stock market value reached VNĐ3.96 quadrillion (US$170.3 billion) in 2018, up 12.7 per cent year-on-year. The figure was equal to 72 per cent of the nation’s total GDP and outperformed the NA target set for 2020 (70 per cent). The average trading value of stocks and fund certificates was VNĐ6.55 trillion in each session, up 29 per cent year-on-year, and total value of newly-listing shares gained 12.8 per cent to VNĐ1.21 quadrillion.

Despite recent growth, the size of the Vietnamese stock market was smaller than those of other regional markets such as Thailand ($548 billion), Malaysia ($456 billion) and Singapore ($787 billion). In each of those countries, the value of the stock market was more than 100 per cent of its total GDP.

There was also a strong development on the Vietnamese bond market in 2018. There were 573 listed bonds with total value of VNĐ1.12 quadrillion, up 10.4 per cent year-on-year. Of the figure, the value of government bonds (G-bonds) accounted for 98 per cent of the total and the remaining were corporate bonds. The size of the Vietnamese bond market was equal to 35.2 per cent of Việt Nam’s total GDP, which was also modest compared to other regional and international bond markets such as Malaysia (97.7 per cent), Singapore (86 per cent), the Republic of Korea (125.7 per cent) and Japan (211.4 per cent).

What opportunities and challenges face the Vietnamese securities market in 2019?

We have to be aware of external factors that could impact the domestic securities market though it is predicted to receive intense support from the stability of the macroeconomy and last year’s market performance.

Concerns include the unpredictability of the US-China trade tensions that may have negative effects on global trade, economy and capital flow, and the upcoming interest rate increases of the Federal Reserve, which may raise capital expenses on foreign investors, forcing them to run away from emerging markets like Việt Nam.

Regarding internal factors, there is a big chance for the Vietnamese securities market this year. The development, management and operation of the market have gained special attention from the Government, the Prime Minister and officials.

At a Government meeting last year, the Prime Minister emphasised the importance of institutional reform and the development of the private sector. The co-working of ministries and sectors with the combination of fiscal and monetary policies has proved effective and helped stabilise the macroeconomy and the securities market.

The Government recently issued Resolution 01/NQ-CP, which mentions the further development of the securities market through new financial and securities products, and the equitisation, restructuring and listing of State-owned enterprises.

The development of the private sector, improvement of the business environment and enhancement of SOE equitisation in 2019 are expected to provide the securities market with a huge load of high-quality options.

In addition, the Vietnamese economy is forecast to perform better in 2019 as it is lifted by the profound fundamentals achieved in previous years. Budget spending, interest rates and inflation are being kept at acceptable levels and the ongoing development of the amended Law on Securities is expected to help improve the market in the near future.

Under the management of the Government, the Ministry of Finance and the State Securities Commission (SSC), with the presence and participation of market members, I believe the Vietnamese securities market will seize its opportunities to foster future growth. The SSC will continue co-operating with other ministries and agencies to create a good legal system to lure foreign capital to the market.

What policies has the SSC adopted to guide market development in 2019?

To shape a stable, sustainable and efficient securities market in 2019, the SSC will implement both long-term and short-term solutions to make it healthier and stronger. In 2019, the top priority is to get the amended Law on Securities and related instructions approved, such as the instructional document on handling securities violations approved by the National Assembly.

The SSC will also enhance the restructuring of the securities market, complete tasks to establish the Vietnam Stock Exchange, and restructure the operation of brokerage and asset management firms by reducing their numbers and improving their quality. The SSC will also promote solutions to upgrade Việt Nam from a “frontier market” to an “emerging market” by the standards set by Morgan Stanley Capital International (MSCI) and the Financial Times Stock Exchange (FTSE).

The policies will focus on luring foreign capital and foreign investors, resolving problems with foreign ownership caps by issuing the revised Law on Securities, and developing additional securities products to draw more participation of foreign investors in the market. The SSC will also work with market members and other government agencies to improve transparency, and reduce administrative procedures to make trading faster and more precise for foreign investors, saving them time, effort and expense.

The commission will co-operate with ratings organisations, including the MSCI, to update information about the Vietnamese securities market and provide international organisations with a clearer, more insightful outlook of the Vietnamese market.

In addition, the SSC will promote the Vietnamese securities market as a transparent and sustainable entity to international investors and ratings organisations.

In 2019, the SSC will continue working with local bourses to launch covered warrant, g-bond futures and other stock index futures like the current four VN30 Index-referred futures. LINK

Vietnam : Central bank to ease lending rates

2nd February, 2019

The State Bank of Vietnam (SBV) buying net US$4 billion in January may be the way to lower Vietnamese đồng lending rates.

The data was announced at the Government’s monthly meeting on Thursday.

To achieve such a result, the central bank in late November 2018 sold greenback futures that would be delivered in late January 2019 to raise the market supply of dollars, vneconomy.vn reported on Friday.

Then on the first working day of 2019 (January 2), the central bank for the first time in a year raised its purchasing rate by VNĐ500 to VNĐ23,200 for a dollar from the last-day rate of 2018.

As of December 31, 2018, the purchasing rate for a US dollar set by the SBV was VNĐ22,700. The rate was cut by VNĐ10 on February 8, 2018.

In addition to the two technical measures, the central bank also increased the gap between Vietnamese đồng and dollar interest rates on the interbank market, making Vietnamese đồng more attractive for savings and thus balance the foreign exchange rate with the dollar.

After a month, the central bank was able to lure a huge amount of US dollars for its reserves, proving the supply of foreign currency in Viet Nam had been great and consolidating and helping transform a part of foreign currency held in the economy in recent years.

But SBV may not stop buying dollars from the market, not only to increase its foreign reserves but also to lower the đồng lending rates.

Buying $4 billion means SBV had to inject a huge amount of Vietnamese đồng into the market, which would help balance the market demand-supply during the Tet period – the peak season for making payments – and create additional supply of cash for lenders – who accepted mortgages from borrowers.

Local commercial banks have recently cut their đồng-based lending rates. For example, the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) on January 9 cut its lending rate for short-term loans by 0.5 per cent to 6 per cent.

Vietnamese đồng-based interest rates have been kept more attractive than the dollar-based ones, raising expectations that cash would flow back into commercial banks after the festival was over, and thus, easing the lending rates among commercial banks.

Between late 2018 and late January 2019, đồng-based interbank offered rates kept increasing to 5.19 per cent per year, twice the dollar-based offered rate on the same market.
Between commercial banks and individual and institutional clients, đồng-based offered interest rates showed signs of increasing to 8.5-8.7 per cent per annum for long-term savings.

In 2018, many central banks had to increase interest rates and depreciate domestic currencies to deal with the stronger dollar and the outflow of foreign capital.

During last year, the global markets became used to the Federal Reserve’s rate increase plan as it reflected the “hawkish view” of Fed officials, strengthened the dollar against other currencies and resulted in the outflow of foreign capital from emerging markets.

On January 30, the Fed signalled it may stop raising rates and global analysts saw that could be the end of the rate hike plan. And it may even mean the Fed would cut rates if needed. LINK

Vietnam to create favourable conditions for private firms

7th February, 2019

Vân Đồn International Airport, developed by private Sun Group, was put into operation on December 30, 2018. Việt Nam will continue to hasten efforts of improving the business climate to promote the development of the private sector

Việt Nam will continue to hasten efforts to improve the business climate in terms of quality to create favourable conditions for the private sector to play its role as a driver in promoting rapid and sustainable economic growth.

The country targeted to have one million firms by 2020, of which, there would be a lot of large private corporations who were arising strongly in both domestic and international markets in key sectors like manufacturing, aviation, finance and banking, agriculture and telecommunications.

According to Nguyễn Xuân Thắng, Hồ Chí Minh National Academy of Politics, the private sector was still facing difficulties in accessing resources, market opportunities and advanced technologies.

President and CEO of Vietjet Nguyễn Thị Phương Thảo said at the Việt Nam Economic Forum 2019 that Việt Nam in recent years had sent a strong message about building a constructive government with open mechanisms for the private sector.

However, Thảo said it was necessary to speed up the privatisation of State-owned enterprises (SOEs) and the restructuring of the banking sector to minimise the negative impacts on macro-finance and growth prospects.

Thảo also urged the Government to develop mechanisms and policies to exploit resources of the private sector for infrastructure development and enable them to grasp opportunities from Industry 4.0 to enhance productivity.

The private sector should be encouraged to participate in what they could do well, Thảo said, stressing that private firms expected to have a fair playground with other economic sectors.

Prime Minister Nguyễn Xuân Phúc said in a dialogue at the World Economic Forum in Davos that the private economic sector was an important driver for growth of Việt Nam amid an anticipated slow-down of the global economy.

Phúc added that attracting foreign direct investment together with enhancing linkage with the domestic sector also played a significant role in promoting economic development.

According to Ousmane Dione, World Bank Vietnam’s Country Director, Việt Nam faced a significant opportunity in upgrading its domestic value contribution to capture the benefits of FDI inflows and global value chains. This required enhancing linkages with the domestic economy, he stressed.

Vũ Đại Thắng, Deputy Minister of Planning and Investment, said that the goal of having one million firms by 2020 was within reach, given the efforts of improving the business climate.

The Ministry of Planning and Investment recently made public a draft law to amend the Law on Investment and the Law on Enterprise, which aimed to create favourable conditions for the businesses and private sector to develop.

Việt Nam set goal of increasing the contribution of the private sector to the country’s gross domestic product (GDP) to 50 per cent by 2020, 55 per cent by 2025 and 60-65 per cent by 2030. Every year, the private sector generated 1.2 million jobs and contributed 43 per cent to GDP. LINK

Source: Dinar Recaps
          Finland Gave People $895 A Month, No Strings Attached. Here’s What Happened.      Cache   Translate Page      

Tuomas Muraja's life took an unexpected turn at the end of 2016. He received a letter telling him that he would be getting a monthly sum of €560 ($640) from the Finnish government, no strings attached, for two years.

"It was actually like winning the lottery," said Muraja, who was one of 2,000 people randomly selected from a pool of 175,000 unemployed Finns, aged 25 to 58, to take part in one of the most prominent universal basic income trials in the world.

Since losing his staff job as a journalist in 2013, Muraja has struggled to find permanent work. Every month he was trying to scramble together money for his rent of about $2,270 from freelance writing gigs, which came sporadically and often paid late. The government's basic income scheme gave him freedom. He could keep the cash, even if he found work, and he wouldn't have to contend with the constrictive bureaucracy of Finland's complex welfare system.

"When you feel free you are creative, and when you are creative you are productive, and that helps the whole of society," said Muraja, who has written a book about his experiences with the trial.

Finland's universal basic income test, which cost the government about $22.7 million, was designed and administered by the country's social insurance agency, Kela. The experiment aimed to help the country assess how to respond to the changing nature of work and ― given its 8-percent unemployment rate at the time ― how to get people back into the labor market.

The trial ended in December. While final results won't be available until 2020, preliminary results were revealed on Friday.

Tuomas Muraja was one of the 2,000 people selected to take part in Finland's two-year universal basic income trial.

On employment, the country's income register showed no significant effects for 2017, the first year of the trial.

The real benefits so far have come in terms of health and well being. The 2,000 participants were surveyed, along with a control group of 5,000. Compared with the control group, those taking part had "clearly fewer problems related to health, stress, mood and concentration," said Minna Ylikännö, senior researcher at Kela. Results also showed people had more trust in their future and their ability to influence it.

"Constant stress and financial stress for the long term – it's unbearable. And when we give money to people once a month they know what they are going to get," said Ylikännö. "It was just €560 a month, but it gives you certainty, and certainty about the future is always a fundamental thing about well being."

Aware that Finland's trial is under an international spotlight, Olli Kangas, scientific leader of the scheme and professor at the University of Turku, expressed hope that the experiment not be written off on the basis of preliminary employment results. "The whole truth is much more complex, we need many more studies and research to find out," said Kangas.

Helsinki, where Tuomas is based. Participants for the UBI trial were selected from across the country.

Universal basic income is an idea that's been swirling around for centuries and has been tried across the world. While it has come to mean many different things, in its purest definition, a universal basic income is granted to everyone, regardless of wealth, income or employment status, on an unconditional basis.

The policy has supporters on both sides of the political spectrum. Those on the left say it will help tackle poverty, reduce yawning inequality and help people fend off the threat of their job being automated. For advocates on the right, UBI is seen as an attractive way to simplify complex systems of welfare payment and reduce the size of government.

Tech billionaires, such as Mark Zuckerberg and Elon Musk, have thrown support behind the idea amid anger over their own extreme wealth. It's also caught the attention of Rep. Alexandria Ocasio Cortez (D.-N.Y.) who has floated UBI as part of a Green New Deal – the umbrella name for a host of policies to tackle climate change and reduce inequality.

But it's controversial, too. First, there's the cost. One estimation by journalist Annie Lowrey, who has written a book on UBI, says a $1,000 monthly payment would cost around $3.9 trillion a year. Other critics see UBI as an expensive, free handout that will discourage work and encourage laziness.

These longstanding tropes of the "lazy" poor hold no water for 31-year-old Tanja Kauhanen, another participant in Finland's scheme. While the results so far may have shown no improvement in employment, she believes UBI helps people who are struggling. "Think about it. It's such a carrot to get a job immediately, even if it's low paid."

Tanja Kauhanen

Kauhanen used the money ― and the time freed by no longer having to apply to multiple agencies for welfare benefits ― to take a telemarketing job. Pay was low, but topped up with the basic income, it dramatically changed her quality of life. It helped her finally sort out finances, after years of scouring grocery stores for the cheapest bread, milk and cheese. "I could go to a restaurant and have a normal dinner without thinking that, OK, I am going to have to eat noodles for the rest of the month," she said.

The end of the scheme was a shock, she said, for everyone who participated in the trial. "We all are in big trouble now to be honest, because what would happen to you if your income decreased by €600?"

She's still working at her job, but is already running up debt and desperately searching for better-paying work.

The end of Finland's scheme was also a blow to those who had hoped the trial would be expanded and extended. Politicians "wasted the opportunity of a lifetime to conduct the kind of trial that Finnish social policy experts had done preliminary research for for decades," said Antti Jauhiainen, a director of the think tank Parecon Finland.

He said the government was never really behind the experiment, because it was "simultaneously pushing for cutting the existing benefits and adding surveillance and control of the unemployed." The Finnish government has now introduced an "activation model," which requires unemployed people to complete a minimum of training or work to receive full benefits.

The announcement that Finland had no plans for more UBI schemes followed the cancellation of another UBI trial in Ontario, Canada. That test, launched in April 2017, involved 4,000 people on low incomes who received up to $13,000 a year for individuals, and up to $18,000 for couples, although payments were reduced by 50 cents for every dollar they earned.

The program was axed in 2018, following the election of right-wing politician Doug Ford. The government cited the "extraordinary cost for Ontario taxpayers." All payments will cease by March.

But there are experiments that are still going. A program in Kenya, for example, run by the charity GiveDirectly, has been giving out unconditional money since 2016 to more than 21,000 people in villages across the country in a trial set to last 12 years. Initial results show a boost to the well being of participants.

And there are others on the horizon. In the U.S., a trial is about to kick off in Stockton, California, that will give $500 a month to 100 low-income families. And in Oakland, the tech incubator Y Combinator intends to start a UBI trial this year that would hand $1,000 a month with no strings attached to 1,000 people across two U.S. states for three years. In India, the main opposition party is running on a pledge to introduce a guaranteed minimum income for the country's poor.

Stockton, California, Mayor Michael Tubbs has launched a program to provide universal basic income to a group of low-income residents.

As a policy idea, UBI is certainly not dead yet. "Whether UBI is considered workable will of course depend on the results of these kinds of experiments and the political situation," said Matt Bruenig of the People's Policy Project. "It's important to remember that there is a basic income program in the United States already that has been running for around 40 years: the Alaska Permanent Fund Dividend. So it's not as hypothetical as some people seem to think." Alaska hands residents annual, unconditional checks of $1,000 to $3,000.

Finland is readying itself for elections in two months, and some hope that UBI could be back on the table. Kauhanen is among them. "I loved the basic income experience," she said, "and I wish that it would be for all people in Finland. I know it's expensive, but on a smaller scale, I think it would be just what we need because right now in Finland, the poor people are the ones who are getting cut off."

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HuffPost's "This New World" series is funded by Partners for a New Economy and the Kendeda Fund. All content is editorially independent, with no influence or input from the foundations. If you have an idea or tip for the editorial series, send an email to thisnewworld@huffpost.com


          "You feel so overwhelmed": Fed reports $1 trillion increase in debt      Cache   Translate Page      
The Federal Reserve reports that since 2013, there has been a $1 trillion increase in the amount of debt American are carrying
          “You feel so overwhelmed”: Fed reports $1 trillion increase in debt      Cache   Translate Page      

The Federal Reserve reports that since 2013, there has been a $1 trillion increase in the amount of debt American are carrying

The post “You feel so overwhelmed”: Fed reports $1 trillion increase in debt appeared first on WCBI TV | Your News Leader.


          Wealth Management - Private Bank - Client Advisor - Vice President - Milwaukee, WI - JP Morgan Chase - Milwaukee, WI      Cache   Translate Page      
JPMorgan Chase & Co. Is a leading global financial services firm with assets of more than $2.4 trillion, over 240,000 employees and operations in over 60...
From JPMorgan Chase - Tue, 15 Jan 2019 12:31:02 GMT - View all Milwaukee, WI jobs
          Wealth Management - Private Bank - Banker - Vice President or Executive Director - Milwaukee, WI - JP Morgan Chase - Milwaukee, WI      Cache   Translate Page      
JPMorgan Chase & Co. Is a leading global financial services firm with assets of more than $2.4 trillion, over 240,000 employees and operations in over 60...
From JPMorgan Chase - Tue, 15 Jan 2019 12:31:02 GMT - View all Milwaukee, WI jobs
          Wealth Management - Private Bank - Client Advisor - Vice President or Executive Director - Milwaukee, WI - JP Morgan Chase - Milwaukee, WI      Cache   Translate Page      
JPMorgan Chase & Co. Is a leading global financial services firm with assets of more than $2.4 trillion, over 240,000 employees and operations in over 60...
From JPMorgan Chase - Wed, 09 Jan 2019 12:28:23 GMT - View all Milwaukee, WI jobs
          Inside Trump's daily routine, which includes 3 to 4 hours of sleep, 'executive time,' and no breakfast      Cache   Translate Page      

trump oval office

  • Leaked copies of President Donald Trump's daily schedules show he has spent nearly 60% of his working days in the last three months in blocks of "executive time." 
  • Scheduled alongside other events like briefings with top aides, meetings with world leaders, and running into the press, the unstructured blocks usually take up around 3-5 hours of the president's day. 
  • Here's what else is known about the president's schedule. 

Copies of President Donald Trump's daily schedules that were recently leaked to Axios show he has spent nearly 60% of his working days in the last three months in blocks of "executive time." 

These unstructured blocks are scheduled at the president's discretion and aren't listed with specific activities, unlike meeting with administration members, hosting world leaders, so there has been immense speculation about their value. 

Take a look at the daily schedule that also includes Fox News, tweeting time, and built-in breaks from his presidential duties.

SEE ALSO: A new mobile app lets you take a virtual tour of the White House — and you can even see this year's Christmas decorations

DON'T MISS: 21 scandals that rocked the Trump administration in 2018

Trump reportedly wakes up at 5:30 a.m. and sometimes begins making calls around 6 a.m.

According to CNN, Trump doesn't drink coffee to wake up.

Source: Business Insider



Trump reportedly sleeps only three to four hours a night, which he described as a success tactic. "How does somebody that's sleeping 12 and 14 hours a day compete with someone that's sleeping three or four?" he asked.

It's not clear whether or not Trump is part of the 1% of the population that appears to actually need less sleep, scientifically speaking. If he is not, Trump is severely sleep deprived, according to health professionals that generally recommend seven to eight hours of sleep.

Source: The Daily News



Breakfast isn't often a part of the president's routine, but when he does eat, he said his "favorite would be bacon and eggs — bacon medium and the eggs over-well."

Trump told Jesse Watters in 2016, "I will have a lunch, but my big thing is dinner."

Source: People



See the rest of the story at Business Insider
          Avez vous entendu un de vos prétendus dirigeants vous parler de cela? NON      Cache   Translate Page      
Les USA vont devoir ponctionner sur le monde global 12 trillions pour financer leurs déficits au cours des 10 prochaines années. Eux vivent non seulement au dessus de leurs moyens mais aussi  au dessus des votres. Ils vont drainer le pognon! La bataille des années à venir sera celle du drainage du pognon. Elle vous […]
          Recession Fire Drill: $250 Trillion World Debt Edition      Cache   Translate Page      

No one can predict when a recession will happen but October was warning of things to come. A recession fire drill if you will. When we understand what a recession is, we can take steps to protect ourselves from the fallout.

The post Recession Fire Drill: $250 Trillion World Debt Edition appeared first on Listen Money Matters.


          Comment on Saudi Arabia Crown Prince Said He Would Use “A Bullet” On Khashoggi in 2017 by Tom Nash      Cache   Translate Page      
If you're going to exaggerate, Enigma, go for broke.....pretend that it was actually $39.5 TRILLION that Halliburton "off the Gulf War alone".
          Comment on Socialism 2020 by MM      Cache   Translate Page      
Oh, Mr. Jenkins, I'm still waiting on your response to my inquiries. You stated that the entire economy, $19 trillion, the value of all goods and services produced, only exists because of "public subsidies", which you've neither defined nor quantified. Now, I'm a numbers guy, and extraordinary claims require extraordinary evidence. You're going to have to back that up with verifiable facts. Please, I can wait, but you're going to have to deliver. Where's the beef in your argument? P.S. Also, I thought all you socialists were concerned about inequality? So how do you then, with a sound mind and a happy heart, proceed to defend income redistribution to the wealthy via workers' payroll taxes? One could argue that federal entitlements, public pensions, etc. are the biggest transfers of income, which the wealthy benefit from, in American history. And it's the government doing it entirely via the tax code...
          Good Job, Mario! $3 Trillion Of ECB Bond Buying, But Germany Still Heading Into The Drink      Cache   Translate Page      
   
          What Deleveraging? Consumer Debt Up 52% From Pre-Crisis Peak      Cache   Translate Page      
The $4.01 trillion in consumer debt is up 52% from the peak early in the Financial Crisis in Q3 2008. This is not adjusted for inflation. Over the same period, the Consumer Price Index rose 16% and nominal GDP rose 39%. Thus, Americans are sticking to their time-honored plan of out-borrowing both inflation (by a […]
          David Von Drehle — That Green New Deal has some seeing only red ink      Cache   Translate Page      
Which brings us to the common ground that Trump shares with Ocasio-Cortez: Neither one believes in budgets. Central to the Green New Deal is a formulation known as modern monetary theory, which holds that the spending power of a sovereign government is limited only by its productive resources. Trump's fiscal insanity - massive spending along with pleas for lower interest rates - is modern monetary theory in all but name, and his trillion-dollar deficits are inspirational for the authors of the Green New Deal.
For today's left-wing Democrats, the theory promises to answer the critique made famous by the late British prime minister Margaret Thatcher. The problem with socialism, Thatcher said from experience, is "you eventually run out of other people's money." Modern monetary theory says simply: Print some more.
Even the theory gurus agree, however, that printing more money can eventually lead to inflation, and enough inflation can turn a rich country into Venezuela. The mantra of the Green New Dealers - that "deficits don't matter" - is only true until it isn't.
Could it be that Trump's reckless spending and his feckless Republican enablers will doom Democratic firebrands to live in the real world? Seems unfair. But the United States needs at least one party of reality.
Propaganda piece for the bipartisan Establishment, which is deeply conservative fiscally. All emotion, no fact-based argument.

Typical article by an uninformed journalist writing for money. Not worth wasting time on. That The Washington Post sees fit to print this sort of thing is a tell in itself.

Greenwich Time
That Green New Deal has some seeing only red ink
David Von Drehle, The Washington Bezos Post


           Comment on Censorship by Roby       Cache   Translate Page      
Well the program they described would cost 4.4 trillion per year. That is 12000 times every person in the US. Ha! I don't think any libertarian would go for or many other people once its cost was explained. Its just another stupid pie in the sky dream.
          By 2020 or 2021 we will accomplish PM’s dream of giving house to everyone: Devendra Fadnavis      Cache   Translate Page      

Mumbai: Maharashtra Chief Minister Devendra Fadnavis on Friday assured the people of the state that by 2020 or 2021 he will fulfil Prime Minister Narendra Modi’s dream of providing each person with a house.

Addressing an event here, Fadnavis said: “We will accomplish the dream of our PM and give a house to every single person in Maharashtra. We have created history in the construction of toilets.”

Speaking about the interim budget presented by Union Finance Minister Piyush Goyal on February 1, Fadnavis said: “We should consider this budget as a full-fledged budget and not an interim budget. Very tough structural reforms have been carried out.”

Lauding the budget the minister added, “The difference is that this may be an interim budget but it has also chalked out a way towards making India a 10 trillion economy by 2030. Rs. 450 crore were procured in 15 years while we have procured Rs. 8,500 crore in just 3 years.”

Elaborating upon the government’s plan, Fadnavis stated that the government is focused on keeping sustainability in the agricultural sector.

“The amount of roads has gone up, there is no unman railway crossing, the entire infrastructure is growing,” he added.


          How the retail industry will top $5.5 trillion by 2020 (TGT, WMT, AMZN)      Cache   Translate Page      

The future of retail is looking bright.The future of mobile commerce

So bright that  Business Insider Intelligence, Business Insider’s premium research service, expects the industry to top $5.5 trillion by 2020!

While in-store and desktop purchases are certainly helping the retail industry boom, the biggest factor for this incredible growth is in your pocket.

See the rest of the story at Business Insider

See Also:


          Arizona officials want to pass a symbolic measure that would declare porn a public health crisis      Cache   Translate Page      

pornVirginia Mayo/AP

           Comment on Censorship by Ron P       Cache   Translate Page      
Is that 4.4 trillion for just the no-work-get-paid provision?
          Fed reports $1 trillion increase in Americans' debt      Cache   Translate Page      
The Federal Reserve reports that since 2013, there has been a $1 trillion increase in the amount of debt American are carrying. Jericka Duncan reports.

          "You feel so overwhelmed": Fed reports $1 trillion increase in debt      Cache   Translate Page      
The Federal Reserve reports that since 2013, there has been a $1 trillion increase in the amount of debt American are carrying

          Data Systems Architect - Index Data VC-Backed FinTech Disruptor      Cache   Translate Page      
NY-New York City, If you are a Data Systems Architect with Financial data experience, please read on! We are a VC-backed NYC startup that is using distributed systems and blockchain technology to revolutionize the multi-trillion dollar loans market and disrupt the FinTech industry. We have already attracted significant investor interest and press coverage, and our founding team has a history of pioneering in the cr
          If the unpaid work done by women was carried out by a company, it would out-profit Apple.      Cache   Translate Page      
If all the unpaid care work done by women across the world was carried out by a single company, it would have an annual turnover of US $10 trillion – an amount equivalent to a turnover 43 times that of Apple, the world’s biggest company. Let’s first put some context around this staggering figure, revealed … Continued
          Davos 2019 - A New Deal for Nature      Cache   Translate Page      



Davos 2019 - A New Deal for Nature



Published on Feb 9, 2019


Globally, nature provides services worth around $125 trillion a year. Yet, the world is set to witness a two-thirds decline in wildlife populations over the half-century from 1970 to 2020. With time running out on international agreements, how can business and government come together to deliver on targets for climate, oceans and conservation?

On the Forum Agenda:
- Leveraging green financial products to mitigate environmental risks
- Harnessing technology for resource management
- Advancing a systemic policies for environmental challenges

Speakers:
- Carlos Alvarado Quesada, President of Costa Rica.
- Svein Tore Holsether, President and Chief Executive Officer, Yara International, Norway.
- Cristiana Pasca Palmer, Executive Secretary, Convention on Biological Diversity, Montreal.
- Feike Sybesma, Chief Executive Officer and Chairman of the Managing Board, Royal DSM, Netherlands.
- Peter Thomson, United Nations Secretary-General's Special Envoy for the Ocean, New York.

Closing Remarks by:
- Xie Zhenhua, Special Representative for Climate Change Affairs of the People's Republic of China.

Moderated by:
- Thomas L. Friedman, Columnist, Foreign Affairs, New York Times, USA.

http://www.weforum.org/




          Fed reports $1 trillion increase in Americans' debt      Cache   Translate Page      
The Federal Reserve reports that since 2013, there has been a $1 trillion increase in the amount of debt American are carrying. Jericka Duncan reports.

          "You feel so overwhelmed": Fed reports $1 trillion increase in debt      Cache   Translate Page      
The Federal Reserve reports that since 2013, there has been a $1 trillion increase in the amount of debt American are carrying

          Scandal That Cost Barclays Chairman His Job Threatens To Spread      Cache   Translate Page      
Every day at 11 a.m., a few big banks tell the British Bankers' Association what it costs them to borrow. Out of that comes LIBOR — the London Interbank Offered Rate, a dull but vital interest rate that underpins trillions of dollars of transactions globally, from home mortgages and personal credit cards to major corporate lending. Now it turns out that at least some of those same banks may have been trying to manipulate the numbers to gain a small edge in the market — an edge that might win them a few tens of thousands of dollars, while driving up borrowing costs by billions for consumers and businesses around the world. Marcus Agius, the chairman of British banking giant Barclays, announced his resignation Monday over the scandal, and the bank paid a $453 million fine. Barclays emails show traders agreeing to manipulate the numbers they reported almost casually. The United Kingdom is launching an investigation, and regulators elsewhere in Europe and in the United States have
          Federal allocation account now N8.5tr, says NEITI      Cache   Translate Page      
The Federation Allocation Account Committee (FAAC) has disbursed N8.5 trillion to the three tiers of government and others, the Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed adding it is the first time since 2014, that disbursements would exceed N2 trillion in three consecutive quarters. According to NEITI, the total of N8.52 trillion shared among […]
          (USA-NY-New York) Marketing Content Strategist and Proposal Writer      Cache   Translate Page      
Institutional Shareholder Services Inc. (ISS) is the world’s leading provider of corporate governance and responsible investment (RI) solutions for asset owners, asset managers, hedge funds, and asset service providers. ISS’ solutions include: objective governance research and recommendations; RI data, analytics, and research; end-to-end proxy voting and distribution solutions; turnkey securities class-action claims management; and reliable global governance data and modeling tools. Institutional clients turn to ISS to apply their corporate governance views, identify environmental, social and governance risk, and manage their complete proxy voting needs on a global basis. ISS is a global company with more than 2,000 spread across 19 offices in 13 countries. ISS covers approximately 42,000 meetings in 117 countries yearly, delivering proxy research and vote recommendations while working closely with clients to execute more than 8.5 million ballots representing 3.8 trillion shares. ISS’ RI research covers more than 20,000 companies across the globe. Our flexible coverage universe expands correspondingly with our clients’ holdings. KEY OBJECTIVES: + Collaborate with sales and business teams to support the development of responses to requests for proposals (RFPs). + Support new sales and renewal efforts through the development and execution of content-based marketing and lead generation campaigns designed to acquire, retain and cross-sell ISS solutions. Convey understanding of the overall market, target audience, customer needs and ISS solution positioning and competitive differentiators to develop compelling thought leadership. + Study RFP requirements and ccollaborate with ISS sales, business, and subject matter professionals on the most effective way to respond to RFPs and present proposed solutions. + Lead cross-functional discussions with subject matter experts and key stakeholders to understand ESG and proxy voting trends, and subsequently convey this knowledge across content. + Write clear, persuasive, and articulate content; translate ideas into easily understandable text, including executive summaries, cover letters, competitive differentiators, organization credentials, and product/service features and benefits. + Meet all proposal deadlines and campaign deadlines by establishing priorities and target dates for information gathering, writing, review, editing, approval and delivery. + Maintain quality results by using templates; following proposal and business-writing standards for readability, consistency, and tone. + Improve proposal-writing results by evaluating and re-designing processes, approach, coordination, and boilerplate; implement changes as needed. + Maintain databank of standard boilerplate content and statistics used across RFPs and Due Diligence (DD) responses. Maintain and manage records and files of proposals and databank in a central repository on the team’s Sharepoint site. + Manage time lines and budget associated with assigned projects, ensuring that all activities are on budget (as applicable) and executed on time. Additonal projects Maintain database of brief content for sales efforts including, but not limited to: + Easy to use, short form sales proposals + Standard RFP cover letters Client case studies to be used in RFPs that may further illustrate the ISS offering + BS/MS degree in marketing or a related field, 7-8 years of experience in sales, marketing, or client service roles. + This role requires the ability to understand customer requirements, and the ability to write clear, concise and compelling responses for some of our largest sales opportunities. Moreover, this role requires the ability to write about complex concepts in an interesting and engaging style. + Strong interpersonal and relationship building skills, experience in dealing with multiple and diverse internal stakeholders, and interacting with business and technology partners. + Excellent communication skills, written and verbal, across all organizational levels. Strong command of the English language, and editing skills. + Strong attention to detail, strong organizational skills and time management skills. + Experience working in a B2B marketing function which supports sales. + Financial services, ESG and/or corporate governance background preferred. PERSONAL ATTRIBUTES + Ability to adapt to, and work successfully in, a fast-paced, global environment. + A self-starter with a strong attention to detail and the ability to handle many different projects simultaneously and adhere to stringent deadlines. + Absolute personal and business integrity. + Strong organizational skills, problem-solving skills, and ability to prioritize. + Creative thinker, able to brainstorm new and creative ideas to attract business and fuel revenue growth. ID: 2019-2212 External Company URL: www.issgovernance.com Street: 1177 Avenue of the Americas
          2/10/2019: Investment king warns returns will plummet      Cache   Translate Page      

THE boss of $5trillion fund behemoth Vanguard has warned that stock market returns will halve over the next decade as volatility surges and the era of cheap money ends. Tim Buckley, the chief executive of the world’s second-largest asset manager,...
          South Korea Agrees to Pay More for US Troops      Cache   Translate Page      
Officials signed a short-term agreement Sunday to boost South Korea’s contribution toward the upkeep of U.S. troops on the peninsula, after a previous deal lapsed amid U.S. President Donald Trump’s call for the South to pay more. The new deal must still be approved by South Korea’s parliament, but it would boost its contribution to 1.03 trillion won ($890 million) from 960 billion won in 2018. Unlike past agreements, which lasted for five years, this one is scheduled to expire in a year, potentially forcing both sides back to the bargaining table within months. “It has been a very long process, but ultimately a very successful process,” South Korean Foreign Minister Kang Kyung-wha told reporters before another official from the foreign ministry initialed the agreement. ​Domestic criticism While acknowledging lingering domestic criticism of the new deal and the need for parliamentary approval, Kang said the response had “been positive so far.” U.S. State Department senior adviser for security negotiations and agreements, Timothy Betts, met Kang before signing the agreement on behalf of the United States, and told reporters the money represented a small but important part of South Korea’s support for the alliance. “The United States government realizes that South Korea does a lot for our alliance and for peace and stability in this region,” he said. ​28,500 US troops About 28,500 U.S. troops are stationed in South Korea, where the United States has maintained a military presence since the 1950-53 Korean War. The allies had struggled to reach a breakthrough despite 10 rounds of talks since March, amid Trump’s repeated calls for a sharp increase in South Korea’s contribution. South Korean officials have said they had sought to limit its burden to $1 trillion won and make the accord valid for at least three years. A senior South Korean ruling party legislator said last month that negotiations were deadlocked after the United States made a “sudden, unacceptable” demand that Seoul pay more than 1.4 trillion won per year. But both sides worked to reach a deal to minimize the impact of the lapse on South Korean workers on U.S. military bases, and focus on nuclear talks ahead of a second U.S.-North Korea summit, Seoul officials said. The disagreement had raised the prospect that Trump could decide to withdraw at least some troops from South Korea, as he has in other countries like Syria. But on Sunday, South Korean officials told Yonhap news agency that the United States had affirmed it would not be changing its troop presence. Trump said in his annual State of the Union address to Congress he would meet North Korean leader Kim Jong Un on Feb. 27-28 in Vietnam, following their unprecedented meeting in June in Singapore. Military exercises suspended After the June summit, Trump announced a halt to joint military exercises with South Korea, saying they were expensive and paid for mostly by the United States. Major joint exercises have been suspended, but some small-scale drills have continued, earning rebukes from North Korea’s state media in recent months. About 70 percent of South Korea’s contribution covers the salaries of some 8,700 South Korean employees who provide administrative, technical and other services for the U.S. military. Late last year, the U.S. military warned Korean workers on its bases they might be put on leave from mid-April if no deal was agreed.
          South Korea signs deal to pay more for U.S. troops after Trump demand      Cache   Translate Page      

South Korea signs deal to pay more for U.S. troops after Trump demandAbout 28,500 U.S. troops are stationed in South Korea, where the United States has maintained a military presence since the 1950-53 Korean War. The new deal must still be approved by South Korea's parliament, but it would boost its contribution to 1.03 trillion won ($890 million) from 960 billion won in 2018. The U.S. State Department senior adviser for security negotiations and agreements, Timothy Betts, met Kang before signing the agreement on behalf of the United States, and told her the money represented a small but important part of South Korea's support for the alliance.



          "You feel so overwhelmed": Fed reports $1 trillion increase in debt      Cache   Translate Page      

"You feel so overwhelmed": Fed reports $1 trillion increase in debtThe Federal Reserve reports that since 2013, there has been a $1 trillion increase in the amount of debt American are carrying



          5 Crypto Trillionaire Tips & Tricks You Need to Know      Cache   Translate Page      
Earn all the money and gems in the world with this tips and tricks guide for the latest tap-heavy mobile game, Crypto Trillionaire.
          (USA-NY-New York) Marketing Content Strategist and Proposal Writer      Cache   Translate Page      
Institutional Shareholder Services Inc. (ISS) is the world’s leading provider of corporate governance and responsible investment (RI) solutions for asset owners, asset managers, hedge funds, and asset service providers. ISS’ solutions include: objective governance research and recommendations; RI data, analytics, and research; end-to-end proxy voting and distribution solutions; turnkey securities class-action claims management; and reliable global governance data and modeling tools. Institutional clients turn to ISS to apply their corporate governance views, identify environmental, social and governance risk, and manage their complete proxy voting needs on a global basis. ISS is a global company with more than 2,000 spread across 19 offices in 13 countries. ISS covers approximately 42,000 meetings in 117 countries yearly, delivering proxy research and vote recommendations while working closely with clients to execute more than 8.5 million ballots representing 3.8 trillion shares. ISS’ RI research covers more than 20,000 companies across the globe. Our flexible coverage universe expands correspondingly with our clients’ holdings. KEY OBJECTIVES: + Collaborate with sales and business teams to support the development of responses to requests for proposals (RFPs). + Support new sales and renewal efforts through the development and execution of content-based marketing and lead generation campaigns designed to acquire, retain and cross-sell ISS solutions. Convey understanding of the overall market, target audience, customer needs and ISS solution positioning and competitive differentiators to develop compelling thought leadership. + Study RFP requirements and ccollaborate with ISS sales, business, and subject matter professionals on the most effective way to respond to RFPs and present proposed solutions. + Lead cross-functional discussions with subject matter experts and key stakeholders to understand ESG and proxy voting trends, and subsequently convey this knowledge across content. + Write clear, persuasive, and articulate content; translate ideas into easily understandable text, including executive summaries, cover letters, competitive differentiators, organization credentials, and product/service features and benefits. + Meet all proposal deadlines and campaign deadlines by establishing priorities and target dates for information gathering, writing, review, editing, approval and delivery. + Maintain quality results by using templates; following proposal and business-writing standards for readability, consistency, and tone. + Improve proposal-writing results by evaluating and re-designing processes, approach, coordination, and boilerplate; implement changes as needed. + Maintain databank of standard boilerplate content and statistics used across RFPs and Due Diligence (DD) responses. Maintain and manage records and files of proposals and databank in a central repository on the team’s Sharepoint site. + Manage time lines and budget associated with assigned projects, ensuring that all activities are on budget (as applicable) and executed on time. Additonal projects Maintain database of brief content for sales efforts including, but not limited to: + Easy to use, short form sales proposals + Standard RFP cover letters Client case studies to be used in RFPs that may further illustrate the ISS offering + BS/MS degree in marketing or a related field, 7-8 years of experience in sales, marketing, or client service roles. + This role requires the ability to understand customer requirements, and the ability to write clear, concise and compelling responses for some of our largest sales opportunities. Moreover, this role requires the ability to write about complex concepts in an interesting and engaging style. + Strong interpersonal and relationship building skills, experience in dealing with multiple and diverse internal stakeholders, and interacting with business and technology partners. + Excellent communication skills, written and verbal, across all organizational levels. Strong command of the English language, and editing skills. + Strong attention to detail, strong organizational skills and time management skills. + Experience working in a B2B marketing function which supports sales. + Financial services, ESG and/or corporate governance background preferred. PERSONAL ATTRIBUTES + Ability to adapt to, and work successfully in, a fast-paced, global environment. + A self-starter with a strong attention to detail and the ability to handle many different projects simultaneously and adhere to stringent deadlines. + Absolute personal and business integrity. + Strong organizational skills, problem-solving skills, and ability to prioritize. + Creative thinker, able to brainstorm new and creative ideas to attract business and fuel revenue growth. ID: 2019-2212 External Company URL: www.issgovernance.com Street: 1177 Avenue of the Americas
          Commenti su TASSI NEGATIVI: 9 trillioni USD di bond a tasso sotto ZERO di alplet@finanza      Cache   Translate Page      
Per completezza qui l'articolo: https://www.agi.it/economia/target_2_euro_bce_draghi_savona-4448093/news/2018-10-07/
          S. Korea signs cost-sharing deal with US for American troops      Cache   Translate Page      

Seoul, Feb 10 (IANS) South Korea on Sunday signed a deal with the US to raise its contribution to the upkeep of American troops here by 8.2 per cent this year.

Top negotiators of the two sides inked the agreement in Seoul, under which South Korea will pay 1.03 trillion won ($890 million) for the operation of the 28,500-strong US Forces Korea (USFK), up from 960 billion won in 2018, reports Yonhap News Agency.

Foreign Minister Kang Kyung-wha met Timothy Betts, the top US delegate to the Special Measures Agreement (SMA) talks, minutes before the signing ceremony.

Kang said the latest SMA negotiations were a "very long process but ultimately a very successful process".

Betts emphasised the importance of the alliance for peace and stability in the region.

The US has reaffirmed that there will be no change in American troop levels in South Korea.

The previous agreement signed in 2014 expired at the end of 2018.

South Korea has shared the financial burden for USFK since the early 1990s. The funds are used to cover the wages of South Korean workers at USFK bases, construction and logistical support.

Meanwhile, a group of progressive activists staged a rally on Sunday in front of the Foreign Ministry against the deal, claiming it would increase Seoul's burden excessively.

--IANS

ksk/bg


          South Korea will pay US$924 million to host American troops this year after Donald Trump demanded more money      Cache   Translate Page      
South Korea and the United States struck a new deal Sunday on how much Seoul should pay for the US military presence on its soil, after previous rounds of failed negotiations caused worries about their decades-long alliance. The new deal must still be approved by South Korea’s parliament, but it would boost this year’s contribution to about 1.04 trillion won (US$924 million), Seoul’s Foreign Ministry said in a statement. Last year, South Korea provided about 960 billion won,...
          [ Politics ] Open Question : In order to pay for Alexandria Ocasio-Cortez Green New Deal cost of 6.6 trillion dollars a year we can simply print more money, right?      Cache   Translate Page      
Why can't the stupid conservatives understand this? Btw what could go wrong?
          Why MMT (Ultimately) Doesn't Matter      Cache   Translate Page      

Authored by Peter Earle via The American Institute for Economic Research,

Last year, internet searches for Modern Monetary Theory (MMT) numbered approximately 100 per month; in the years and decades before that, the weekly total searches numbered mostly in single digits. Yet in the first few weeks of this year, searches have topped 100 per day and seem to be on an uptrend. People who’ve never heard the term “chartalism” are speaking — and acting — as if a new and groundbreaking discovery has been made; “a new kind of science” in the realm of economics, situated neatly upon the doorsill of a new decade. It’s perplexing to see a theory which holds that governments can’t really go broke because they can always create more currency capture imaginations, if still largely on the periphery of discourse.

For years, Austrian School perspectives have been taken to task for failing to “predict” (which, in fact, they have and continue to). Yet MMT not only doesn’t predict anything; it fails to explain the state of nature better than existing, prevailing models. Social science, like its physical counterpart, advances by virtue of two key determinants: phenomenological explanations which are demonstrably superior to existing ones, and funerals. Even neoclassical economists, regularly critical of Austrian, monetarist and other views, hold that — as has been demonstrated in every era, within every culture, and upon every continent — bad monetary and/or fiscal policies ultimately result in economic breakdown and destitution.

Whether the rapid decline and ultimate disappearance of the individual propensity to hold a fiat currency are purely monetary, entirely psychological, or a combination of the two, the circumstances leading to it reappears consistently throughout history. Every one of the scores of known cases of hyperinflation dating back over 700 years bears witness to a reckless, breakneck campaign of money creation preceding it.

Blaming psychology for hyperinflationary episodes also, and far more ominously, hints at the same conclusion which virtually all collectivist governments come to after their starry-eyed schemes initially fail: that human nature, not the hubris that attends attempts to overthrow the fundamentals of supply and demand, is at fault. And thus that human beings, and not policy, needforceful readjustment.

Holding that inflation — of either the ‘vanilla’ or hyper- varieties — is overwhelmingly the product of wars or exogenous events is also wholly misleading. It is always and only the political reaction to exogenous events which determines economic outcomes.

Such an approach also bypasses the issue of the garden variety of inflationary outbreak. To be sure, while it would surely not be as ruinous nor as fast-acting as classic hyperinflation, a rise in inflation to a “mere” 8%, 15%, or 20% per annum would have a sizably adverse impact upon individuals living on fixed incomes, financial markets, and general economic calculation: the functioning of firms, markets for goods and services, and the financial choices of families, communities, and organizations.

Furthermore, MMT is invariably (and almost exclusively) invoked proximate to incomprehensibly expensive government program proposals: a so-called Jobs Guarantee (estimated cost approaching, and likely exceeding, $1T per year), “Medicare for All” (estimated cost: $32T over ten years), and a “Green New Deal” (estimated costs ranging from $7T to $13T to $49T to implement).

(Also: considering that MMT contemplates a “closed loop” whereby money is created and later taxed away, it is likely that any practical implementation will necessarily subsume cashlesseconomy diktats.)

Add to all of this the bunker mentality of many MMT proponents, who frequently refuse to discuss the assumptions upon which MMT operates by dismissing those who question them as disingenuous – and there is more than enough reason to suspect that MMT is not new, far from scientific, and explains nothing. It is at best a scientistic vehicle that exists only to provide an academic imprimatur for unlimited government spending.

Yet I’m not worried about MMT.

Actually, I am - a little. History demonstrates that betting against the willingness of people - Americans, specifically, who have the greatest record of fawning over political and economic views which defenestrate the very basis of the prosperity which gives both the leisure time and technological reach to permit intellectual flights of fancy - to embrace that which flies in the face of demonstrable evidence, is a sucker's bet.

One of the major dangers of powerful states - indeed, states in general - is that with a single vote or the stroke of a pen a lot of damage can be done. But any pain will only be temporary.

It comes down to one word: Bitcoin. Actually, I should be more specific: crypto.

At this very moment, there are hundreds of independent teams of developers in dorm rooms, garages, basements, apartments, rented offices, and other such locations working on both subtle tweaks to existing cryptocurrency issues and wholly new coins and assets: thousands, maybe tens of thousands of individuals, all over the world, silently but inexorably expanding the bounds within which individuals can extricate and divorce their personal lives from the inimical policy implementations of expanding states.

At ten years old, the list of places where Bitcoin — and crypto more generally — has been the single bulwark between people and utter ruin grows annually. As long ago as 2013, Bitcoin (then less than $100) surged as individuals banked in Cyprus used it to escape the bank levy — a ploy in which politicians explicitly sought to seize private deposits in order to paper over their policy errors and banks’ losses owing to them.

All across Africa, South America, and Asia — and regardless of Bitcoin's exchange rate at the time — the unbanked have, owing to the ubiquity of mobile and cell phone ownership, been able to engage in saving, consuming, remittances and entrepreneurialism despite previously insurmountable sanctions, financial surveillance, and fees associated with transfers, banking, etc.

In ZimbabweVenezuelaTurkey, and anywhere else that economic hardships have surfaced — over time, or overnight — Bitcoin and crypto more generally have given individuals the opportunity to safeguard their economic liberty and in some cases their very lives. In places where economic life is viable but burdensome, cryptocurrency access provides an outlet.

Time may prove this incorrect, but at present MMT seems to be little more than a pernicious, academically-garbed attempt to overcome the unwelcome (and repeatedly evinced) fact that governments are as tied to economic limits as firms and individuals are. But a more fundamental truth precedes this: if implemented, and whether at that time Bitcoin, another crypto issue, or another, yet-undiscovered innovation has surfaced, liberty will always find a way to triumph — even when the utopian plans of authoritarian regimes are briefly in control.


           Kommentarer till Kinas förändrade sjöfart av Brage Norin       Cache   Translate Page      
NÄR FALLER DEN FÖRSTA DOMINOBRICKAN? Kina kommer under inga som helst omständigheter att sälja sina amerikanska "bonds" för att störta den amerikanska ekonomin i avgrunden - inte så länge som handeln med USA skapar så enorma handelsöverskott. I fjol slutade handelsöverskottet en bra bit över 300 miljarder dollar - en djävulsk massa pengar. Endast en dåre tror på att Kina välter den första dominobrickan. Saudiarabien säljer inte heller stora mängder av bonds. Saudiarabien, Ryssland och Kina har samordnat sin oljepolitik. Det ligger i allas intresse att dollarns fall sker under någorlunda ordnade former för att undvika ett totalt kaos i världen. Faktum är att Saudiarabien redan accepterat att ändra sina planer på att göra sig av med US-bonds - garanterat efter kinesiska påtryckningar. Det kan vara FED själv som startar lavinen av bankkollapser - om de fattar ett ödesdigert beslut. Fortsätter de att trycka upp trillioner av luftdollar (sker genom några knapptryckningar) - kommer oundvikligen förtroendet för dollarn att kollapsa. Då inleds panikförsäljningen av bonds - vilket leder till dollarns kollaps. FED:s beslut är oundvikligt. Alla andra vägar är stängda. De är tvingade att trycka nya "fiat-pengar". Men var startar den lavin av bankkollapser som leder till dollarns fall??? Deutsche Bank styrs av USA;:s kriminella finansiella "elit". De tyska storbankerna är dränkta av bonds. Men att tro att dessa banker begår självmord först är synnerligen naivt. Det kan mycket väl bli Italien som fäller den första dominobrickan. Det kan bli privata fondförvaltare som grips av panik efter att ha insett det oundvikliga. Ett är absolut säkert - banklavinen startar i södra Europa eller någonstans i närheten. Skulle CIA frysa de saudiska tillgångarna på Wall Street kan det bli den saudiska kronprinsen MBS som välter den första brickan. REDAN I ÅR 2019 SMÄLLER DET. Observera att skeendet är mycket nära förestående. Den sensationella enighet som visades under Trumps tal till nationen fick världen att gapa. Vad har hänt??? En serie möten bakom lykta dörrar har ägt rum. FED har provat alla vägar - kvantitativ lättnad - kvantitativ åtstramning - räntehöjningar och Trump har beslutat om enorma skattelättnader för företagen - allt för att köpa tid. Men ingenting kan lösa USA:s dilemma. Landets skuld exploderar. Förtroendet för dollarn är redan nu på väg att falla i hela världen. Inom ett år är den andra STORA världsdepressionen över oss. Vi måste inse det oundvikliga. GULD. Guld kommer att väga tungt i morgondagens valutakorg. Ett internationellt kontrollorgan kommer att tillsättas för att guldreserverna i bankvalven ska kunna besiktigas. Hur de nationella valutorna kommer att vägas in i valutakorgen kommer att påverkas av ländernas guldinnehav. . Ingen behöver tveka - USA:s guld är stulet. Det är därför ingen politiker - inte ens någon president i USA - fått tillstånd att kontrollera USA:s guldinnehav på över 50 år!!! Kina kommer garanterat att visa upp över 20 tusen ton av skinande guld. Inspektörerna kommer att vara skakade efter denna historiska besiktning. Kinesiska yuan kommer att väga mycket tungt i den valutakorg som styr världshandeln inom några få år. KINAS SKULDSÄTTNING. Mytomaner av alla slag spekulerar vilt om Kinas skuldsättning. De nämner inte ett ord om att huvuddelen av landets skulder är kopplade till bostadslån och företagslån till banker i Kina som alla är under statlig kontroll. Med ett pennstreck kan dessa skulder skrivas ner - tack vare att den kinesiska staten bestämmer. Endast Kina klarar av ett sådant beslut. Det är värre att sitta på bergskedjor av amerikanska bonds - över ett tusen miljarder dollar enligt officiella uppgifter. Jag har läst på tillräckligt - siffran är grovt felaktig. En stor del av Kinas inköp av guld har skett i smyg genom att sälja bonds. Flera guldexperter är helt övertygade om detta. Så ingen fara - den kinesiska skutan seglar tryggt. Det är den amerikanska skutan som snart går under. Den läcker redan som ett såll.
          The Problem with Elizabeth Warren's Wealth Tax      Cache   Translate Page      

“America will never be a socialist country,” President Donald Trump proclaimed in this week’s State of the Union Speech. Regardless of how much truth we see in this statement, there is little question who these words were directed at. As the Democratic Party has shifted continuously to the left over the last years, it has welcomed politicians to its club who dub themselves as flat-out socialists. Today’s stars of the Democrats are not the Clinton’s and Pelosi’s anymore, but Bernie Sanders, Alexandria Ocasio-Cortez, and Kamala Harris.

All of them have their own grand, ready-made solutions to all of America’s problems. The newest is the idea of a wealth tax, which Elizabeth Warren presented and heavily promoted in recent days. The general idea of her plan is that the value of the wealth of the extremely-rich (or, in her sense, the “too-rich”) should be taxed, for households with over 50 million dollars by two percent, for those with over one billion dollars by three percent. In total, 75,000 households, a proud figure, would be affected, and it is this wealth tax that Warren sees as one of her centerpieces in, as she says, levelling the playing field.

A wealth tax is not a new idea, though it certainly has come out of fashion recently – in 1992 twelve OECD countries had one, now there are only four.

One of the central issues of a wealth tax is that it is difficult to actually implement and enforce. As Nicole Kaeding and Kyle Pomerleau from the Tax Foundation write, “the uber wealthy tend to have very hard-to-value assets,” such as ownership in real estate holdings, trusts, and most importantly, businesses.

Calculating the overall value of the wealth of a household would cost an immense amount of time and effort. Jeffrey Levine notes that wealthy households own “one of a kind works of art, ‘priceless’ jewelry, expensive cars … the list goes on and on. And now imagine the need to have all these assets valued each and every single year. It would be a total disaster show.” What effect such a measurement would have on a tax code which already comes in at 2.4 million words can already be presumed. The only ones profiting from such additional complications would be appraisers and lawyers, who will have the privilege to find out what the value of one’s wealth even is approximately.

Considering that wealth is not homogenous in kind, it would also lead to some households being hit much harder than others. It is one thing to sacrifice the least bad items of your investment portfolio or use inherited money to pay the tax. It is tougher to obtain the same amount of money if you are a business owner, who needs profitable returns year in, year out. In contrast to higher income tax rates, a wealth tax would also have a much more significant effect on one’s tax burden, since an annual tax on wealth would affect ones entire wealth every year, rather than “just” the newly accumulated income.

Of course, Elizabeth Warren not only wants to implement a wealth tax for being on the search for new funding of her costly projects, but also because “the rich” don’t pay their “fair share.” Disregarding the questionable assumption that letting those who are successful pay a much bigger share than the others would be fair, “the rich” already pay much more than the rest of the population anyway. Even Warren is admitting that when she says that the top 0.1 percent pay 3.2 percent of total taxes, which is more than six times the share as the bottom 50 percent. The top 1 percent, meanwhile, pays a greater share of income taxes than the bottom 90 percent combined.

All of this is not to say that Elizabeth Warren is wrong when she says that “Washington is broken.” She is right when she says, like in a recent Bloomberg interview , that the system is stacked against the Average Joe, that “right now it works if you are a billionaire” or a “giant multinational corporation” or someone who is “wealthy” and “well-connected.” That the system is broken is one of the main reasons why someone like Donald Trump could ever become President (or even have a chance).

But the reason for this is not that government isn’t doing enough so far. It is instead that the government is doing too much, regardless of whether we talk of regulations and laws that are influenced by politically well-connected corporations and lobbyists, of a political elite that is wholly disconnected from their voting population, and certainly also of a financial system from which, every day, some profit from, while normal people further down the ladder lose out.

Not only that Washington is broken, however – it is broke as well at the tune of 22 trillion dollars. Warren’s wealth tax would raise 2.75 trillion dollars over the next ten years which she intends to not use on paying off debt, but on more spending on child care, lowering the student loan debt, and the “ Green New Deal .” Indeed, no confiscation from “the rich” of any kind could finance any programs for long. As Antony Davies noted , confiscating, for instance, the entire wealth of the 550 billionaires in the US, which would raise 2.5 trillion dollars, would be just enough to run the federal government for less than eight months. Washington’s problem is not revenue then, but spending.

So while Elizabeth Warren may be correct that the system is broken, she is quite wrong in how and why it is broken, and how to fix it. Instead of intervening even more in people’s affairs as she proposes, fixing the system would mean taking the state out of the system and, when not feasible, at least decentralize it away from Washington to state and local governments.

“Capitalism without rules is theft,” Warren says. But instead of financing “the Swamp” even more, real capitalism (i.e., a free market system based on private property rights and voluntary exchange) might just be the way to fix the system.


          Comment on A Voice for the Houseless: Not Entirely to Blame by Lost Croat Outburst      Cache   Translate Page      
Last I saw, State and local income taxes will no longer be deductible on Federal taxes as they have been for so long. Over 3 trillion dollars was added to the National Debt by the Republicans and their Republican President so the super rich could get even richer while the hoi polloi was tossed p-nuts. The deficit will balloon for decades taking away money that could be spent on infrastructure and the employment of the teeming masses. Agent Orange and the Republicans have pulled a massive “sting” on America.
          Duck Dynasty's Phil Robertson says he doesn't need health care because he has god      Cache   Translate Page      



· Phil Robertson of Duck Dynasty fame went on Neil Cavuto's Fox Business network show to promote his book The Theft of America's Soul
· Somehow the two got on the subject of socialized health care & Kamala Harris, to which Robertson said, "Kamala, I already have health care - it's given to me by god, eternal health care. I'm guaranteed to be raised from the dead. I have life and immortality given to me by god through Jesus Christ"


ROBERTSON: Contrary to what Kamala Harris said - she said, "Elect me and everything's free. Look, everybody can have their own health care, the government's gonna finance the whole thing. It's not gonna cost but thirty trillion. I'm offering you the greatest deal you ever had. Elect me and everything will be free!"
CAVUTO: But she's saying that other people have been getting away with financial murder will pay for it, the rich.
ROBERTSON: What I'm saying is that Kamala, I already have health care - it's given to me by god, eternal health care. I'm guaranteed to be raised from the dead. I have life and immortality given to me by god through Jesus Christ.
CAVUTO: But people get sick on earth, in human form so would you advise -
ROBERTSON: The temporary reprieve is not worth it. I'm telling her, I have eternal health care, and it's free. Doctors can give you a little temporary reprieve but they cannot save you from physical death. The doctors who treat you, they die too.
CAVUTO: You're not dismissing that we need - people need health care, right?
ROBERTSON: I didn't have health care for 50 years and someone says, now I'm rich and famous so I say miss K [??? I think] you can buy every kind of insurance known to man if you want to but I never need it for 50 years so there you go.

source
          How Trump’s radical Republican tax cut broke the economy      Cache   Translate Page      

Donald Trump’s tax cut for the rich and the corporations they control is turning out to be a bust for the American economy. It will burden taxpayers with at least $1.5 trillion more federal debt because, instead of boosting tax revenues through increased economic activity as promised; it has caused ...

The post How Trump’s radical Republican tax cut broke the economy appeared first on Raw Story.


          AOC’S Green New Deal At $7 TRILLION      Cache   Translate Page      
By: Denise Simon | Founders Code The entire stock of all cows will have to die due to flatulence. Furthermore, no way Alexandria Ocasio-Cortez wrote this alone, she has no clue what quantitative easing is, her method to pay for this deal by 2030. How will people travel to Hawaii when AOC grounds all airplanes? Has […]
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Cuts to Regulation Are Bringing Back Jobs

The points below are from an analysis of the SOTU speech

Compared to previous speeches, President Donald Trump did not outline new regulatory reform goals. However, he did briefly note that the “administration has cut more regulations in a short time than any other administration during its entire tenure.”

As a result, he added, “Companies are coming back to our country in large numbers.”

The administration has indeed taken important steps to rein in agencies’ rulemaking. It issued 65 percent fewer “economically significant” rules—those with costs to the private sector that exceed $100 million a year—than the Obama administration, and 51 percent fewer than the Bush administration, after 22 months in office.

The White House is also pursuing rollbacks of the Obama administration’s costliest and unwarranted rules. But regulatory repeal is a laborious process that may take years—especially given the never-ending legal challenges pursued by regulatory proponents.

The No. 1 thing the administration must do is stop internet regulation. Further innovation is key to economic growth and national security, and both will be stymied if the statists get a regulatory foothold. If Trump pursues no other regulatory reform, preventing internet regulations would be enough.

The second priority would be to demand that any new regulatory statute has a hard expiration deadline. That’s needed to halt the cumulative regulatory burden and force agencies (and Congress) to review the necessity for regulations.

The White House cannot accomplish all the necessary reforms unilaterally. Congress must do much more to eliminate unnecessary regulation and curtail agency overreach.

Congress could do a great deal more to advance reform by exercising a bit of political will, including eliminating funding for regulatory programs that lack actual statutory authority or those that have failed to achieve the intended results. Lawmakers must also institute expiration dates for funding of regulatory initiatives to reduce the cumulative burden of regulation.

The 50-member staff of the Office of Information and Regulatory Affairs who review agency rulemaking is badly outnumbered by the hundreds of thousands of regulators who labor daily crafting rules. Congress should expand the resources of the office to improve regulatory oversight, as well as assert more of its own authority over runaway regulation.

SOURCE 

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FTC is helping China and shafting Americans

Americans for Limited Government President Rick Manning today issued the following statement urging the Federal Trade Commission to immediately settle a lawsuit against Qualcomm over the collection of agreed upon fees for use of its intellectual property:

“It is ironic that the Trump Administration has staked out the protection of intellectual property as a primary concern in our trade relations with China, yet, the Federal Trade Commission is suing San Diego based Qualcomm to break its licensing agreements for intellectual property that Apple has tired of paying for, even though they continue to benefit from that technology.  It is shocking however, that the FTC has used the Chinese megafirm Huawei as one of its key witnesses opposing Qualcomm’s licenses.  Apparently, the FTC does not realize or care that the licensing agreements for past technological innovations are what pays for Qualcomm’s research in creating the chips for the 5G future, and that Huawei is their number one competitor.  The FTC suit would effectively cripple the only U.S. company who is competing in developing the Internet of Things to the lasting detriment of the interests of the United States.

“While the FTC is an independent government body, their case is a disaster for American interests and they need to settle it now before more harm is done.  Policy makers from across the political spectrum need to understand that the race for the future of the connected world is at stake and Chinese control of every aspect of the Internet of Things is extremely dangerous.  All Qualcomm seems to be asking is that they be allowed to collect fees which were agreed upon by business partners which wanted to use innovations which they developed.  This is the essence of intellectual property. It is also how U.S. businesses should run, relying upon their own ingenuity and productivity to profit rather than relying upon government handouts and lawfare.

“The FTC is reportedly in long overdue settlement talks with Qualcomm.  The FTC should settle this lawsuit immediately and end its attack on the only company positioned to prevent the Chinese from running roughshod over the Internet of the future.”

SOURCE 

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How Trump can curb government over-reach

Families and small businesses would benefit from transparency by federal regulators

Our nation alone was founded on the proposition that We the People should govern ourselves. That is why conservatives object to unelected bureaucrats enacting rules without the consent of the people. Fortunately, with the simple stroke of a pen, President Trump has the ability to restore power to citizens and make the regulatory morass less economically burdensome.

By signing an executive order to force federal agencies to be transparent with their studies and data, he could add to his excellent deregulatory legacy and unshackle manufacturers and industries so they can contribute more to our nation’s economic growth.

The cost of federal regulations is obnoxiously high and directly impacts the pocketbooks of all Americans to the tune of almost $2 trillion a year — nearly a tenth of America’s gross domestic product. The highly respected Mercatus Center has shown that these costs also result in a massive drag on economic growth, further harming jobs and families.

Huge drivers of these costs are bad rules based on questionable — and concealed — evidence. Unsound or unreproducible scientific research hidden from policymakers, the public and scientific peers has been used by regulators with personal agendas to promulgate unsupported environmental and other rules that harm the economy and impede progress.

Members of both parties agree: Better government is built on sound and open data. This is one way to empower citizens and ensure that new rules meet their needs without unnecessary costs.

A bipartisan Commission on Evidence-Based Policymaking (CEP) was formed to implement a bipartisan bill increasing policymakers’ access to data. And Mr. Trump — who has implemented far-reaching regulatory reform efforts — has also weighed in on data transparency with an executive order requiring agencies to identify existing regulations that “rely in whole or in part on data, information, or methods that are not publicly available or that are insufficiently transparent to meet the standard of reproducibility.”

But to ensure truly responsible and transparent standards for all regulation, we need access to scientific data for newly proposed regulations as well as for those regulations not yet finalized. That’s why the American Conservative Union is leading an effort — supported by many other conservative organizations and business groups — seeking a further executive order to provide for CLEAR Data — which stands for “Clarifying the Law on Evidentiary Access for Regulation.”

If Congress is too slow to restore citizen government to promote innovation and individual freedom, the president should use his authority through executive order. It is abundantly clear that Democrats in the House are not willing to work with this president. So with the stroke of a pen, the president could make transparency uniform across government.

A piecemeal approach with each agency pursuing its own agenda would produce terrible results. An even worse outcome is certain if career bureaucrats are allowed to work in secret to keep their pet regulations hidden from an agency process intended to address CLEAR Data initiatives.

The executive order should apply to scientific data key accountability principles included in CEP’s recommendations:

Transparency. CEP concluded: “Those engaged in generating and using data and evidence should (provide) meaningful channels for public input and comment and ensure that evidence produced is made publicly available.” Our proposed effort would call for data used to justify regulation to be identified and made sufficiently available to test, authenticate and reproduce the findings. And, importantly, it should apply to all regulations currently in the pipeline and under review.

Rigor. “Evidence should be developed using well-designed and well-implemented methods tailored to the questions being asked.” We would call for science-based regulation to be based on peer-reviewed studies — the standard in probity and reliability.

Privacy. “Individual privacy and confidentiality must be respected in the generation and use of data and evidence.” We want to ensure that agencies avoid unauthorized disclosure of personal data and trade secrets while allowing other researchers to judge the validity of the conclusions evidence is cited to support.

Humility. CEP suggested that “Care should be taken not to over-generalize from findings that may be specific to a particular study or context.” The ultimate form of humility is accountability — best advanced through an executive order whose provisions on disclosure of research and underlying data.

We couldn’t agree more with the commission’s exhortation: “Whether deciding on funding allocations (or) assessing proposed regulations evidence should play an important role in key decisions made by government officials . to make sure our government’s decision-making process is among the best in the world.”

In other words: To ensure better decision-making and more accountable regulation — at a time when the economic stakes couldn’t be higher for small businesses and working families — we need CLEAR Data that is fully disclosed, high-quality and reproducible, with means in place to protect privacy.

SOURCE 

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92,000 Federal Bureaucrats Earn More Than...

Democrats want raises for all government workers. But do they already make too much? 

The House voted recently to provide a 2.6% across-the-board pay raise for federal workers. Speaking in favor of the legislation, Rep. Gerald Connolly (D-VA) argued, “Our federal civil servants are like any other workforce. More than 900,000 of those federal employees earn less than $60,000 a year. They are not rich. They are not living high on the hog. They deserve and need this adjustment, especially after the longest, most reckless shutdown of the government in American history.”

What Connolly said of federal workers is often true. But it’s also often not. Pushing back against Connolly’s assertion, Rep. Jim Jordan (R-OH) noted the obvious irony: “Think about what this bill says. All of those hard-working taxpayers in the private sector, hey, you are already making less, but now you are going to have more of your tax dollars go to pay people — who are already making more money than you — to get a raise. How is that fair?”

Backing Jordan’s argument are last year’s federal workers’ salary numbers, provided by the Congressional Research Service. One statistic that is quite illuminating shows that 92,000 federal bureaucrats earn as much of more than the governor of the state where they work. For example, 1,000 clerical workers in Alabama made $120,000 in salary; in Ohio, 333 made nearly $149,000; in Maryland 3,561 made at least $170,000. And the list goes on.

Adam Andrzejewski, CEO and founder of the government accountability website OpenTheBooks.com, pointedly asks, “When public affairs staffers in Alabama are out-earning their governor, it’s time for Congress to hold hearings regarding the proper pay levels for federal employees. How can [thousands of] general administrators, clerks and office service staffers make as much as a governor?”

The House voted 259-161 in approving the salary raises, with 29 Republicans siding with every Democrat.

SOURCE 

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San Francisco’s Liberal Policies Have Made It a Slum

San Francisco is one of the richest cities it the world. It’s given us music, technology, and elegant architecture. Now it gives us filthy homeless encampments.

One urban planner told me, “I just returned from the Tenderloin [a section of San Francisco]. It’s worse than slums of India, Haiti, Africa!”

So I went to San Francisco to make a video about that. I’ve never seen slums in Africa, but I’ve seen them in Haiti and India.

What I saw in San Francisco looked similar. As one local resident put it, “There’s s— everywhere. It’s just a mess out here.”

There’s also lots of mental illness. One man told us, “Vampires are real. I’m paranoid as hell.” San Francisco authorities mostly leave the mentally ill to fend for themselves on the street.

Other vagrants complain about them. “They make it bad for people like us that hang out with a sign,” one beggar told us.

San Francisco is a pretty good place to “hang out with a sign.” People are rarely arrested for vagrancy, aggressive panhandling, or going to the bathroom in front of people’s homes. In 2015, there were 60,491 complaints to police, but only 125 people were arrested.

Public drug use is generally ignored. One woman told us, “It’s nasty seeing people shoot up—right in front of you. Police don’t do anything about it! They’ll get somebody for drinking a beer but walk right past people using needles.”

Each day in San Francisco, an average of 85 cars are broken into.  “Inside Edition” ran a test to see how long stereo equipment would last in a parked car. Its test car was quickly broken into. Then the camera crew discovered that its own car had been busted into as well.

Some store owners hire private police to protect their stores. But San Francisco’s police union has complained about the competition. Now there are only a dozen private cops left, and street people dominate neighborhoods.

We followed one private cop, who asked street people, “Do you need any type of homeless outreach services?” Most say no. “They love the freedom of not having to follow the rules,” said the cop.

And San Francisco is generous. It offers street people food stamps, free shelter, train tickets, and $70 a month in cash.  “They’re always offering resources,” one man dressed as Santa told us. “San Francisco’s just a good place to hang out.” So every week, new people arrive.

Some residents want the city to get tougher with people living on the streets. “Get them to the point where they have to make a decision between jail and rehab,” one told us. “Other cities do it, but for some reason, San Francisco doesn’t have the political will.”

For decades, San Francisco’s politicians promised to fix the homeless problem. When Sen. Dianne Feinstein was mayor, she proudly announced that she was putting the homeless in hotels: “A thousand units, right here in the Tenderloin!”

When California Gov. Gavin Newsom was mayor of San Francisco, he bragged, “We have already moved 6,860 human beings.” Last year, former Mayor Mark Farrell said, “We need to fund programs like Homeward Bound.”

But the extra funding hasn’t worked. One reason is that even if someone did want to get off the street and rent an apartment, there aren’t many available.

San Francisco is filled with two- and three-story buildings, and in most neighborhoods, putting up a taller building is illegal. Even where zoning laws allow it, California regulations make construction so difficult that many builders won’t even try.

For years, developer John Dennis has been trying to convert an old meatpacking plant into an apartment building—but it has taken him four years just to get permission to build.

“And all that time, we’re paying property taxes and paying for maintenance,” says Dennis. “I will do no more projects in San Francisco.”

People in San Francisco often claim to be concerned about helping the poor. But their many laws make life much tougher for the poor.

SOURCE 

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For more blog postings from me, see  TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCHPOLITICAL CORRECTNESS WATCH, AUSTRALIAN POLITICS, and Paralipomena (Occasionally updated),  a Coral reef compendium and an IQ compendium. (Both updated as news items come in).  GUN WATCH is now mainly put together by Dean Weingarten. I also put up occasional updates on my Personal blog and each day I gather together my most substantial current writings on THE PSYCHOLOGIST.

Email me  here (Hotmail address). My Home Pages are here (Academic) or  here (Pictorial) or  here  (Personal)

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          The National Enquirer vs. Jeff Bezos: Legal experts break down what's at stake in battle between the world's wealthiest man and a supermarket tabloid      Cache   Translate Page      

Jeff BezosGetty

  • Federal prosecutors are reviewing claims made by Amazon founder and CEO Jeff Bezos in a post published on Medium last week that accused the National Enquirer and its publisher, American Media Inc., (AMI) of "extortion and blackmail," sources told The New York Times.
  • Bezos published several emails from the National Enquirer's chief content officer Dylan Howard and from Jon Fine, an attorney representing AMI — one of which lists compromising photographs of Bezos that the supermarket tabloid says it has. Another message lists the terms the company is demanding in order to keep the material out of the public sphere.
  • There outstanding legal questions about the Bezos/AMI ordeal, including whether or not AMI has committed a crime by allegedly holding compromising information about Bezos as leverage to get what it wants from him.
  • Legal experts say it's complicated.

Federal prosecutors are reviewing claims made by Amazon founder and CEO Jeff Bezos in a post published on Medium last week that accused the National Enquirer and its publisher, American Media Inc., (AMI) of "extortion and blackmail," according to sources told The New York Times.

The ordeal between AMI and Bezos has dominated headlines in recent days, as Bezos, the world's wealthiest man, locked horns with the supermarket tabloid he says is out to get him. AMI's chairman and CEO, David Pecker, is a longtime acquaintance of President Donald Trump. Trump views Bezos, who owns The Washington Post — a newspaper Trump dislikes — as an enemy.

Prosecutors are trying to determine if AMI, in the course of its handling of the Bezos situation, violated a non-prosecution agreement reached in an unrelated matter. That agreement concerns hush money that AMI paid to the former Playboy model Karen McDougal, who said she had an extramarital affair with Trump in 2006.

The story resurfaced in summer 2016, in the heat of that year's presidential election. The National Enquirer paid $150,000 for the rights to McDougal's story in August 2016 and never published it, a move largely seen as an offensive measure to protect Trump's candidacy.

The non-prosecution agreement stipulates that AMI would "not be prosecuted for its Trump-related efforts as long as it stayed out of legal trouble for the next three years," The Times reported.

So the question is, are AMI's actions concerning the Bezos ordeal illegal?

The claims being made

Bezos on Thursday February 7 published several emails from the National Enquirer's chief content officer Dylan Howard and from Jon Fine, an attorney representing AMI — one of which lists compromising photographs of Bezos that the tabloid says it has. Another message lists the terms the company is demanding in order to keep the material out of the public sphere.

The photos are related to Lauren Sanchez, a woman with whom Bezos was allegedly having an extramarital affair, according to the National Enquirer. At the beginning of January, Bezos announced he and his wife, MacKenzie, were separating after 25 years of marriage. The following day, the National Enquirer published an exposé, outing the alleged affair. Later, it published what it said were private text messages exchanged between Bezos to Sanchez.

Bezos asked his longtime security associate Gavin de Becker investigate AMI's actions. De Becker told The Daily Beast in a story published on January 31 that "strong leads point to political motives" with regard to the National Enquirer story about the alleged Bezos affair.

AMI disputed that claim and "emphatically rejects any assertion that its reporting was instigated, dictated or influenced in any manner by external forces, political or otherwise," Fine said in one of the emails sent to de Becker's lawyer. Fine also called the notion that the National Enquirer's reporting was politically motivated "defamatory," and demanded that Bezos, de Becker, and The Washington Post say that it's not politically motivated — or else the tabloid would publish the allegedly compromising photos of Bezos.

In his Medium post, Bezos called the claim that the National Enquirer's reporting is not politically motivated "false" and a "lie."

What legal experts are saying

Jeffrey Toobin, a former federal prosecutor, current CNN chief legal analyst, and New Yorker staff writer, called AMI and the National Enquirer's actions "disgraceful," but he wouldn't go as far to say that it was a crime.

"Your question is 'Is it blackmail? Is it a crime? Is it extortion?'" Toobin told CNN's Anderson Cooper last week. "My answer is 'I don't know.' I think it is worthy of investigation."

"It's an unusual situation, because even though it has a threat involved, it is part of the news-gathering process — broadly defined, even though it is deeply sleazy — and I could see prosecutors hesitating to get in the middle of this," Toobin said.

"It's disgraceful journalism. It's disgraceful behavior. Whether or not it's an actual crime? I am frankly not prepared to say at this point."

Former federal prosecutor Renato Mariotti seems to agree: "Moves like this are fairly common when there are legal disputes between people or companies as a way for one side to gain leverage over the other" he wrote in the final tweet of a lengthy thread on Twitter. "It is despicable but I have had no success convincing federal prosecutors to bring charges."

David Heller, deputy director of the Media Law Resource Center, explained to INSIDER over email that "demanding money or something else of value in exchange for not revealing truthful embarrassing info can be extortion/blackmail."

However, there is more "leeway" in a litigation context, Heller explained. "Pre-litigation settlement demands happen all the time but are usually considered legal, as legitimate efforts to resolve a legal claim."

The other legal issues at stake

Bezos argues that the publishing of the photos would violate copyright law, but Fine argues that the photos are newsworthy, and therefore the National Enquirer could publish them.

Jonathan Kotler, former legal counsel to the California First Amendment Coalition, believes that a jury would find them newsworthy.

"One of the defenses for the publishing of embarrassing private facts, which is what these photos are, depending on where they got them, assuming they are private, one of the principal defenses is newsworthiness," Kotler, who is also an associate professor of journalism at the University of Southern California's Annenberg School for Communication and Journalism, told INSIDER. "The people involved are general-purpose public figures; I think a court or jury would find them newsworthy, however distasteful they may be."

Kotler also says there is another consideration wrapped up in this scenario: US defamation law.

As mentioned before, Fine argues that Bezos, et al. are defaming the National Enquirer with their assertion that the tabloid's moves concerning him are politically motivated.

"In the United States, truth is a complete defense to defamation," Kotler told INSIDER. So if the National Enquirer filed a defamation case, it would have to prove that "Bezos knew that what he was publishing was false or was published with reckless disregard for the truth."

But if everything Bezos said concerning the matter with AMI and the National Enquirer is true, then AMI is "out to sea," Kotler said.

On Friday, February 8, the AMI board responded to Bezos' post: "American Media believes fervently that it acted lawfully in the reporting of the story of Mr. Bezos," AMI said in a statement.

"Nonetheless, in light of the nature of the allegations published by Mr. Bezos, the board has convened and determined that it should promptly and thoroughly investigate the claims. Upon completion of that investigation, the board will take whatever appropriate action is necessary."

NOW WATCH: How Apple went from a $1 trillion company to losing over 20% of its share price

See Also:

SEE ALSO: These are the main players in the explosive saga of Jeff Bezos' love life and his war with the National Enquirer


          Here's one Chinese company's crazy answer to the ugly iPhone notch      Cache   Translate Page      

Oppo Find XYouTube/Unbox Therapy

  • Chinese phone maker Oppo has got a unique answer to the ugly front camera notch.
  • Its new Find X phone features a motorised pop-out camera.
  • It's an eye-catching innovation, but the potential drawbacks are obvious.

It was a shock in 2017 when the iPhone X arrived with a beautiful, near full-screen display, marred by a weird black notch.

Bezel-free displays are difficult for phone makers to pull off, because the front-facing camera has to be housed somewhere. In Apple's case, it's housed in the notch.

See the rest of the story at Business Insider

NOW WATCH: How Apple went from a $1 trillion company to losing over 20% of its share price

See Also:

SEE ALSO: This phone's pop-up selfie camera has more megapixels than the main cameras on most smartphones


          Comment on A Review of Trans Life Survivors. By Walt Heyer. by John Miller      Cache   Translate Page      
I have said this before, but it is worth repeating. "There are 37.2 trillion cells in your body." http://www.smithsonianmag.com/smart-news/there-are-372-trillion-cells-in-your-body-4941473/ "In humans, each cell normally contains 23 pairs of chromosomes, for a total of 46. Twenty-two of these pairs, called autosomes, look the same in both males and females. The 23rd pair, the sex chromosomes, differ between males and females. Females have two copies of the X chromosome, while males have one X and one Y chromosome." http://www.ghr.nlm.nih.gov/primer/basics/howmanychromosomes * This (37.2 trillion) objective reality will trump any subjective concept of who a person decides he/she is. * This objective reality will trump any amount of 'reassignment' surgery.
          S.Korea signs deal to pay more for U.S. troops after Trump demand      Cache   Translate Page      
The new deal must still be approved by South Korea's parliament, but it would boost South Korea's contribution to 1.03 trillion won ($890 million) from 960 billion won in 2018.
          FLASHBACK: Why are Washington's foreign policy think tanks spoiling for more war? Look at their donors.      Cache   Translate Page      
War is first and foremost a profitable racket. Washington, DC, may be the only place in the world where people openly flaunt their pseudo-intellectuality by banding together, declaring themselves "think tanks," and raising money from external interests, including foreign governments, to compile reports that advance policies inimical to the real-life concerns of the American people. As a former member of the House of Representatives, I remember 16 years of congressional hearings where pedigreed experts came to advocate wars in testimony based on circular, rococo thinking devoid of depth, reality, and truth. I remember other hearings where the Pentagon was unable to reconcile over $1 trillion in accounts, lost track of $12 billion in cash sent to Iraq, and rigged a missile-defense test so that an interceptor could easily home in on a target. War is first and foremost a profitable racket.
          Japan’s national debt sets record      Cache   Translate Page      

The Finance Ministry says at the end of last year, government debt topped 1,100 trillion yen — about 10 trillion dollars — for the first time. The figure translates to about 79,000 dollars for each resident of Japan. The bulk of the debt comes from government bonds, issued to cover ballooning social insurance costs due […]

The post Japan’s national debt sets record appeared first on Japan Times of News.


          Gas discovery could rescue South African economy – experts | Sunday Tribune – Independent Online      Cache   Translate Page      
Gas discovery could rescue South African economy – experts | Sunday Tribune – Independent Online Gas discovery could rescue South African economy – experts | Sunday Tribune  Independent OnlineDurban – A TRILLION rand over 20 years could pour into the country … Continue reading
          2/10/2019: Business: Facts      Cache   Translate Page      
64bn Assets in dollars handled by Vanguard when Tim Buckley arrived in 1991 5.2 Assets in trillions of dollars handled by Vanguard today 2018 Year when Tim Buckley stepped up to the top job 0.15 The average UK expense ratio for Vanguard, which...
          Jill's latest excuse      Cache   Translate Page      
BULLY BOY PRESS CEDRIC'S BIG MIX   -- THE KOOL AID TABLE


DISGRACED FORMER EXECUTIVE EDITOR OF THE NEW YORK TIMES JILL ABRAMSON IS NEWLY DISGRACED AS A RESULT OF PLAGIARIZING THROUGHOUT HER NEW BOOK 'MERCHANTS OF TRUTH.'  ATTEMPTING TO DIG HERSELF OUT OF HER HOLE, JILL IS INSISTING THAT SHE DIDN'T PLAGIARIZE, SHE JUST HAD A "CITATION ERROR."


MEANWHILE, 28-YEAR-OLD STEPHEN LYNCH -- OF CONNECTICUT'S 'NOTORIOUS' LOS SOLIDOS GANG -- DENIED LAST MONTH THAT HE ROBBED THE MASCOMA BANK BRANCH IN WHITE RIVER JUNCTION. 

FEBRUARY 12TH, HIS ATTORNEY NIKKI SOUTH WILL ARGUE HIS CASE IN COURT.  REACHED FOR COMMENT, SHE DID NOT RULE OUT TAKING A PAGE FROM JILL ABRAMSON'S BOOK AND ARGUING THAT STEPHEN LYNCH'S ACTIONS WERE ALSO ACTUALLY A "CITATION ERROR."


FROM THE TCI WIRE:


Starting with US politics, Aime Parnes (THE HILL) observes:


Former Vice President Joe Biden's words and policy positions on the Iraq War could come back to haunt him if he enters the race for the White House.
Biden is popular with Democrats, polls show he leads most of his competitors in the 2020 field and a survey this week found more than 60 percent want him in the race. He routinely leads polls of Democrats asked to pick their favored presidential candidate.
But his words on Iraq from nearly two decades ago sound out-of-step with the increasingly left-leaning party he would be seeking to lead. 
Biden backed the resolution giving President George W. Bush the authority to invade Iraq, and he also praised the president in a Senate floor speech at the time for his handling of the case for war.


Joe did not have the problems that Hillary Clinton or John Edwards had when it came to Iraq.  As the late Elizabeth Edwards noted, John Edwards came clean on Iraq and apologized for it but Hillary refused to take accountability for her support for the Iraq War (saying she was tricked by Bully Boy Bush is not taking accountability, it is saying "I"m so stupid even an idiot can fool me").

Parnes notes 2008 in one sentence but never addresses why it wasn't an issue for Joe when he last attempted to be the Democratic Party nominee.

There are several reasons.  First among them, the Iraq War wasn't his focus, he was focused on partitioning Iraq or creating a federalist system.  He repeatedly denied this was partitioning Iraq.  Many Iraqis disagreed.  During his brief 2007 and January 2008 campaign for the nomination, he was repeatedly on the defense about this issue.  Seeking votes in Iowa in the last stages of his campaign, he was still having to face the issue and clarify or expand on his previous remarks.

It is true that CODEPINK was bird-dogging Hillary Clinton over her vote and support for the Iraq War at this time (and only bird-dogging her) but Joe's mess at that time was being the face of US imperialism announcing that Iraq should be three different government under a federalist system.  This was not what Iraqis were calling for at the time and here was this non-Iraqi from a country that started the war now insisting what would be done next.

Beau Biden is another factor.  Beau served in Iraq.  Chelsea Clinton did not serve in Iraq (though she did support the Iraq War, a reality she tries to lie about today).  With a son in Iraq, the hypocrite label was a little harder to hang on Joe.

There's also the fact that no one really thought Joe Biden stood a chance at the nomination.  He was gaffe prone.  He infamously 'borrowed' from another for a big speech in a previous run.  He wasn't seen as a viable candidate by the press.

What's different now?

Sexism will be called out.  I'm not just referring to Anita Hill (Parnes covers that).  I'm also referring to the media itself.  In New Hampshire, speaking publicly, Hillary's eyes well.  She does not cry, she does not sob.  But Bill Moyers, Jesse Jackson Jr. and countless others mocked her for that, ridiculed her for that, etc.  Months later, Joe Biden, then on the ticket as Barack Obama's running mate, starts crying on stage in the middle of a speech.  It's not even one day's coverage, let alone the weeks of coverage Hillary endured.

Things have changed and they won't help Joe.  Most of all, his Iraq-free card won't exist this time, not after he shamed himself by publicly praising Bully Boy Bush at an awards ceremony last year.  Joe's popularity is as an idea.  As an actual person?  If he runs, his popularity will plummet.


We heard attacks from warmongers in politics/media before. Those opposed to Iraq/Libya/Syria regime change wars are called “dicatator-lovers” or “cozy” with evil regimes. Rather than defend their position, they resort to name-calling & smears. American people wont fall for this.





US House Rep Tulsi Gabbard is running for the 2020 Democratic Party nomination and you know she makes some tremble by the vicious media attacks she's already enduring.




Last Saturday, she officially launched her campaign.




Tulsi Gabbard officially announced her candidacy for President of the United States and kicked off her campaign on Saturday, Feb. 2, 2019, in Hawaii. She was introduced by Ryan Soon, a fellow member of the Hawaii National Guard who served with her in Iraq and Kuwait. Tulsi's friends, family, and supporters gathered to hear her vision for the future of our nation. More than 3,500 private and public watch parties across the country were coordinated by grassroots supporters to take part in the live-streamed event.
In her remarks, Tulsi Gabbard said, "When we raise our right hand and volunteer to serve, we set aside our own interests—to serve our country and to fight for ALL Americans. We serve as one—indivisible and unbreakable, united by this bond of  love for each other and love for our country. It is this principle of putting service above self, that is at the heart of every soldier, every service member. And it is in this spirit that today I announce my candidacy for President of the United States of America.


"I will bring a soldier's values and principles to the White House—restoring the values of dignity, honor, and respect to the presidency. And above all, love for our people and love of country. I ask you to join me, in this spirit of putting service before self, to stand up against the forces of greed and corruption."

Possibly some of the press attacks stem from the press fear that Tulsi will bring Iraq into the conversation.  Parnes, for example, is convinced that Iraq's not an issue in 2020.

Really?


Senator Elizabeth Warren's running for the nomination and she's contributed a major paper to COFR's FOREIGN AFFAIRS:




A foreign policy that works for all Americans must also be driven by honest assessments of the full costs and risks associated with going to war. All three of my brothers served in the military, and I know our service members and their families are smart, tough, and resourceful. But having a strong military doesn’t mean we need to constantly use it. An effective deterrent also means showing the good judgment to exercise appropriate restraint. 
Over the past two decades, the United States has been mired in a series of wars that have sapped its strength. The human cost of these wars has been staggering: more than 6,900 killed in Afghanistan and Iraq, another 52,000 wounded, and many more who live every day with the invisible scars of war. By financing these conflicts while cutting taxes, the country has essentially charged the costs of war to a collective credit card for future generations to pay, diverting money that could have been invested in critical domestic priorities. This burden will create a drag on the economy that will last for generations. 
The costs have been extraordinarily high, but these wars have not succeeded even on their own terms. We’ve “turned the corner” in Afghanistan so many times that it seems we’re now going in circles. After years of constant war, Afghanistan hardly resembles a functioning state, and both poppy production and the Taliban are again on the rise. The invasion of Iraq destabilized and fragmented the Middle East, creating enormous suffering and precipitating the deaths of hundreds of thousands of people. The region remains a tangled mess—the promise of the Arab Spring crushed, Iran emboldened, Syria devastated, the Islamic State (or ISIS) and its offshoots stubbornly resilient, and a massive refugee crisis threatening to destabilize Europe. Neither military nor civilian policymakers seem capable of defining success, but surely this is not it.
A singular focus on counterterrorism, meanwhile, has dangerously distorted U.S. policies. Here at home, we have allowed an imperial presidency to stretch the Constitution beyond recognition to justify the use of force, with little oversight from Congress. The government has at times defended tactics, such as torture, that are antithetical to American values. Washington has partnered with countries that share neither its goals nor its ideals. Counterterrorism efforts have often undermined other foreign policy priorities, such as reinforcing civilian governance, the rule of law, and human rights abroad. And in some cases, as with U.S. support for Saudi Arabia’s proxy war in Yemen, U.S. policies risk generating even more extremism.
As a member of the Senate Armed Services Committee, I have seen up close how 17 years of conflict have degraded equipment, sapped forces’ readiness, and forced the postponement of investment in critical military capabilities. It has distracted Washington from growing dangers in other parts of the world: a long-term struggle for power in Asia, a revanchist Russia that threatens Europe, and looming unrest in the Western Hemisphere, including a collapsing state in Venezuela that threatens to disrupt its neighbors. Would-be rivals, for their part, have watched and learned, and they are hard at work developing technologies and tactics to leapfrog the United States, investing heavily in such areas as robotics, cybersecurity, artificial intelligence, synthetic biology, and quantum computing. China is making massive bets in these and other areas in an effort to surpass the United States as a global technological power. Whether the United States will maintain its edge and harness these technologies for good remains an open question. 
It is the job of the U.S. government to do what is necessary to protect Americans, but it is long past time to start asking what truly makes the country safer—and what does not. Military efforts alone will never fully succeed at ending terrorism, because it is not possible to fight one’s way out of extremism. Some challenges, such as cyberattacks and nuclear proliferation, require much more than a strong military to combat. And other dangers, such as climate change and the spread of infectious diseases, cannot be solved through military action at all. The United States will spend more than $700 billion on defense in the 2018–19 fiscal year alone. That is more in real terms than was spent under President Ronald Reagan during the Cold War and more than all the rest of the country’s discretionary budget put together. But even as Washington spends more and more, U.S. military leaders point out that funding a muscular military without robust diplomacy, economic statecraft, support for civil society, and development assistance only hamstrings American national power and undercuts any military gains. 
As a candidate, Trump promised to bring U.S. troops home. As president, he has sent more troops into Afghanistan. On the campaign trail, Trump claimed he did not want to police the world. As president, he has expanded the United States’ military footprint around the globe, from doubling the number of U.S. air strikes in Somalia to establishing a drone base in Niger. As a candidate, Trump promised to rebuild the military, but as president, he has gutted the diplomatic corps on which the Pentagon relies. He promised to reduce the threat of nuclear proliferation, but he has undermined a successful nuclear deal with Iran, has failed to roll back the North Korean nuclear program, and seems intent on spurring a new nuclear arms race with Russia. 

These actions do not make Americans safer. It’s time to seriously review the country’s military commitments overseas, and that includes bringing U.S. troops home from Afghanistan and Iraq. They have fought with honor, but additional American blood spilled will not halt the violence or result in a functioning democratic government in either place. 


We've noted that several times before.  We've also noted that foreign policy will be an issue in the 2020 election.  How much of an issue, I don't know.  Even I was shocked by (see Wednesday's snapshot) the "CBS NEWS poll showed that the most pressing topic on the mind of Americans was foreign policy and national security.  Respondents ranked that the number one issue (93%) with jobs and economy second (92%) and healthcare third (80%)."



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          Gun Idle      Cache   Translate Page      
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          Wealth Management - Private Bank - Client Advisor - Vice President - Milwaukee, WI - JP Morgan Chase - Milwaukee, WI      Cache   Translate Page      
JPMorgan Chase & Co. Is a leading global financial services firm with assets of more than $2.4 trillion, over 240,000 employees and operations in over 60...
From JPMorgan Chase - Tue, 15 Jan 2019 12:31:02 GMT - View all Milwaukee, WI jobs
          Wealth Management - Private Bank - Banker - Vice President or Executive Director - Milwaukee, WI - JP Morgan Chase - Milwaukee, WI      Cache   Translate Page      
JPMorgan Chase & Co. Is a leading global financial services firm with assets of more than $2.4 trillion, over 240,000 employees and operations in over 60...
From JPMorgan Chase - Tue, 15 Jan 2019 12:31:02 GMT - View all Milwaukee, WI jobs
          Wealth Management - Private Bank - Client Advisor - Vice President or Executive Director - Milwaukee, WI - JP Morgan Chase - Milwaukee, WI      Cache   Translate Page      
JPMorgan Chase & Co. Is a leading global financial services firm with assets of more than $2.4 trillion, over 240,000 employees and operations in over 60...
From JPMorgan Chase - Wed, 09 Jan 2019 12:28:23 GMT - View all Milwaukee, WI jobs
          The CEO of App Annie, one of Silicon Valley's most popular app data platforms, explains how it completely revamped its culture as it prepares to be IPO-ready      Cache   Translate Page      

Ted Krantz App Annie

  • App Annie, the $468 million mobile app data analytics startup, is preparing to be IPO-ready, making a play at M&A, private equity or going public in the next two to three years, says Ted Krantz, CEO of App Annie.
  • App Annie, which is often cited in Apple's announcements, has grown quickly, but the biggest challenge has been the company culture, Krantz says.
  • Krantz explains how the company worked to revamp its culture and raise employee engagement in the past few months.

Before taking the reins as CEO of App Annie in July, Ted Krantz recalls the awkward silence in the room during all-hands meetings. 

Employees would sit uncomfortably while executives or managers made presentations, he recalls. No one would ask questions.

"None of us were feeling too great, and that’s inclusive of myself," Krantz said. "We were losing the engagement of our employees."

That was a wake up call that the company, one of the biggest players in the mobile app data analytics space, needed to change. Employees felt like their voices weren't being heard, and Glassdoor reviews plunged. App Annie embarked on a major reinvention that brought in new executives, replaced old practices, increased company transparency and helped its employees become more involved.

Krantz spoke with Business Insider about how App Annie, the fast-growing $468 million app platform that is often cited in Apple's announcements, revitalized its culture from the inside out. It's a work in progress, but he says the positive results are already making a difference.

The cultural turnaround inside App Annie has been one of the company's top priorities that Krantz hopes will put it on solid footing for the next stage, as it moves closer to a possible IPO in the next two to three years. 

"We want to move to the next chapter and move to the next level and focus on innovation, talent and culture," Krantz said.

"They were not feeling like they have a voice"

Last year, App Annie started seeking a new CEO to replace former CEO and co-founder Bertrand Schmitt because it needed to scale. Schmitt was very much involved in the process of transitioning a new CEO, and he still plays a role in helping the company grow.

Read more: This French CEO launched his startup in China — and ended up making one of Silicon Valley's most popular app platforms

Krantz, who had already been serving as App Annie's president and brought in a background of working at Oracle and SAP, was a natural pick. The company desperately needed culture changes, Krantz said.

Successive rounds of layoffs had taken a toll on morale. Although necessary for the company to be more efficient, Krantz said that the cuts put the employee base through "torture" since the company didn't do it the right way the first time, and it ended up being the biggest source of employee dissatisfaction.

"They were not feeling like they have a voice and confused that perhaps what they’re hearing is some orientation of spin-selling," Krantz said. "There’s something behind this that isn’t good."

"We've been a bit naive with assuming they're all right when they're silent"

Krantz had previously worked with SAP CEO Bill McDermott, and he cites McDermott as an inspiration. That company, he said, was known for being a stale corporation, but it made a major culture turnaround and ended up winning a Glassdoor award.

Krantz wanted App Annie to make that turnaround as well. He started with a new company focus on transparency by giving employees the straight-up facts and numbers and allowing employees to draw their own conclusions from the insights.

He worked on describing the company vision in a clearer way to employees and posted its key performance indicators across the company — something the company wasn't doing before and which may have caused some of the mistrust, Krantz said. 

The change in attitude needed to happen at all levels. Instead of denying or brushing off employee feedback, the executive team made sure to respond to employees. Management now organizes meetings to be more town hall style, rather than bombarding employees with slideshow presentations, and they focus on talking to employees, rather than talking at them.

"I do think the listening is key," Krantz said. "That’s been a big takeaway for me. We’ve been a bit naive with assuming they’re all right when they’re silent but it’s the opposite...Before, there was no listening. It was more of, 'here’s what we’re going to do. Here’s why. Are you guys excited? No questions? OK, let’s go.'"

App Annie also started focusing more on career development opportunities for its employees and having managers ask their employees what their goals are. Krantz said this helped with retention as employees felt like they were being heard and there was room for growth.

"We encourage having 1-on-1’s across the organization and try to be sensitive to that especially with our top performers," Krantz said. 

Now that team members are more aware of the roadmap ahead, the company can focus on product innovation. In November, the company launched App Annie Labs, an initiative to accelerate product development by partnering closely with customers and getting their feedback. And App Annie expects a release this coming quarter.

"It's the first big new product offering since I’ve been on the company," Krantz said. "Everyone’s getting a pulse to get things moving. Right now, more differentiation than they’ve had in the last three to four years."

The roadmap ahead

The internal improvements also mean the company is now better equipped to look ahead to the next big milestones. An IPO is possible, but Krantz says it's not the only option. In the next 18 to 36 months, he says, AppAnnie will "make a play" at either a public offering, an acquisition or a private equity deal. 

"I’m not obsessed with an IPO, nor is the board," Krantz told Business Insider. "The dynamics have changed...where it used to be, the gold star is IPO, the second prize is the other options. I don’t think it’s that way anymore. We want to be in a position where we’re growing the company responsibly."

Although App Annie has made progress, Krantz says there's still work to be done, and he probably won't start feeling good about the culture until 2020.

"Culture has definitely been the biggest challenge," Krantz said. "It’s hard to turn the tide. We put so much work, energy and effort into it where I feel like it’s stabilized. We get signs we’re moving into a green zone, but you don’t want to get so excited."

So how are the meetings now? "Now it’s a completely different reality," Krantz said. "We have to extend all-hands and the questions go on for an hour...It's based on trust and an open dialogue. The thing that’s interesting to watch is the boldness of the questions and the challenges that they place."

Got a tip? Contact this reporter via Signal, Viber or WhatsApp at +1 (224) 425-1882 using a non-work phone, email at rmchan@businessinsider.com, WeChat at rosaliech1, or Twitter DM at @rosaliechan17. (PR pitches by email only, please.) You can also contact Business Insider securely via SecureDrop.

SEE ALSO: Google Cloud will help the Golden State Warriors play better basketball

Join the conversation about this story »

NOW WATCH: How Apple went from a $1 trillion company to losing over 20% of its share price


          [Editorial] 8.2% increase in S. Korea’s defense contribution due to US’ take-no-prisoners approach      Cache   Translate Page      
The South Korean and US officials negotiating an update to the two countries’ defense cost-sharing agreement have reportedly agreed that Seoul’s contribution this year will be 1.04 trillion won (US$92..
          Wolves in the Southern Baptist pulpits      Cache   Translate Page      
This report on the Southern Baptist hierarchy and various church leaderships attempting to protect sexual predators doesn't surprise me. Back when I was in the States, the pastor of our Southern Baptist church told me of two separate attempts to take over churches by people who were of nefarious attempt. Not all that glitters is gold and not everyone who says they are Christian actually serves Jesus Christ. This is the price of ignoring Paul's warning about wolves in sheep's clothing as well as the ill-considered belief in forgiving the unrepentant.
In June 2008, she paid her way to Indianapolis, where she and others asked leaders of the Southern Baptist Convention and its 47,000 churches to track sexual predators and take action against congregations that harbored or concealed abusers. Vasquez, by then in her 40s, implored them to consider prevention policies like those adopted by faiths that include the Catholic Church.

Days later, Southern Baptist leaders rejected nearly every proposed reform....

Journalists in the two newsrooms spent more than six months reviewing thousands of pages of court, prison and police records and conducting hundreds of interviews. They built a database of former leaders in Southern Baptist churches who have been convicted of sex crimes.

The investigation reveals that:

• At least 35 church pastors, employees and volunteers who exhibited predatory behavior were still able to find jobs at churches during the past two decades. In some cases, church leaders apparently failed to alert law enforcement about complaints or to warn other congregations about allegations of misconduct.
• Several past presidents and prominent leaders of the Southern Baptist Convention are among those criticized by victims for concealing or mishandling abuse complaints within their own churches or seminaries.
• Some registered sex offenders returned to the pulpit. Others remain there, including a Houston preacher who sexually assaulted a teenager and now is the principal officer of a Houston nonprofit that works with student organizations, federal records show. Its name: Touching the Future Today Inc.
• Many of the victims were adolescents who were molested, sent explicit photos or texts, exposed to pornography, photographed nude, or repeatedly raped by youth pastors. Some victims as young as 3 were molested or raped inside pastors' studies and Sunday school classrooms. A few were adults — women and men who sought pastoral guidance and instead say they were seduced or sexually assaulted.
It's not just the schools and churches that are protecting the predators. It's also the medical community:
The long Journal story, which is well worth reading in its entirety, includes a facsimile of a hand-written letter that Mark wrote about Dr. Weber, blowing the whistle on him as a predator. Across all the years, I immediately recognized the handwriting. The letter included this observation about Weber’s propensity to select boys and young men as reservation clinic patients:

[T]he probability of Dr. Weber seeing so few females–based on random chance–is two out of a trillion. I have first-hand knowledge, based on my years of association with this individual, that he preferentially chooses skinny and normal weight teenage boys and young men in his practice and I observed him on many occasions picking the charts of these patients out of my own box.

You would think this sort of revelation from a colleague would be the end of Dr. Weber’s association with the Indian Health Service. But no:

After a clash with Mr. Weber, Dr. Butterbrodt was pulled into a supervisor’s office and, within weeks, transferred to a remote facility in North Dakota and stripped of bonus pay, which amounted to around one-third of his annual salary, according to personnel records and Dr. Butterbrodt. “I was chased off by a pedophile and the people who chose him over me,” said Dr. Butterbrodt, who retired soon after.
Every organization must be pressured to adopt a no-tolerance policy for sex criminals. No church should ever permit any man who admits or is even credibly accused of sexually preying on minors to have any employment at all within the church. And, as Spacebunny notes, since we have a three-strikes laws concerning drug offenses, which are comparatively minor, shouldn't we have a two-strikes-and-life-imprisonment laws for sex crimes involving minors?
          Encore: with guest host Dr. Makeba: Solutions and Remedies to the 21 Top Chronic Diseases, and How to be Hopeful, Happy, and Healthier      Cache   Translate Page      
GuestThis show will feature How to be hopeful, happy, and healthier with holistic solutions and remedies when diagnosed with one of the top 21 Chronic illnesses. Over 100 million people living with Chronic Disease and they spend over a trillion dollars. Chronic disease is out of control but Dr. Roni says there is new hope for chronic disease today. She talks about the newest trends in taking care of your Self, Body, Mind and Spirit. Remedies that our Grandmother did 100 years ago and we frown and ...
          with guest host Dr. Makeba: Part II - Solutions and Remedies to the 21 Top Chronic Diseases, and How to be Hopeful, Happy, and Healthier      Cache   Translate Page      
GuestThis show is Part II to last weeks show on How to be hopeful, happy, and healthier with holistic solutions and remedies when diagnosed with one of the top 21 Chronic illnesses. Over 100 million people are living with chronic disease and they spend over a trillion dollars. Chronic disease is out of control but Dr. Roni says there is new hope for chronic disease today. She talks about the newest trends in taking care of your self, body, mind and spirit. Remedies that our Grandmother did 100 ye ...
          with guest host Dr. Makeba: Solutions and Remedies to the 21 Top Chronic Diseases, and How to be Hopeful, Happy, and Healthier      Cache   Translate Page      
GuestThis show will feature How to be hopeful, happy, and healthier with holistic solutions and remedies when diagnosed with one of the top 21 Chronic illnesses. Over 100 million people living with Chronic Disease and they spend over a trillion dollars. Chronic disease is out of control but Dr. Roni says there is new hope for chronic disease today. She talks about the newest trends in taking care of your Self, Body, Mind and Spirit. Remedies that our Grandmother did 100 years ago and we frown and ...
          Debt Trifecta At All-Time Highs - Billionaires Panic      Cache   Translate Page      

Via Birch Gold Group,

The “trifecta” of national, corporate, and consumer debt has reached all-time highs, and could prove to be catastrophic if a recession hits.

Let’s start by quickly bringing each part of this debt trifecta up to date as much as possible…

U.S. National Debt

The national debt, ever on the rise, currently sits at around $22 trillion:

In just the short decade since 2008, the debt has jumped from $10.6 trillion to $22 trillion. It also comes with a deficit that’s currently over $1 trillion currently. The interest payments alone may be forming a “black hole” from which the U.S. may never escape.

These facts alone should raise concern in any interested observer.

Corporate Debt

The total amount of corporate debt has never stopped rising since 1950. Corporations have taken on a record level of debt since 2007.

You can see the steady rise in corporate debt liabilities here:

One of the main problems with this type of debt, aside from getting repaid, is that some corporations are using it to buy back shares of stock. Instead of this “sleight of hand,” you’d think that they should be using it to fund growth and create jobs.

But one thing is certain, the piper will need to be paid at some point. When that happens, who knows what can happen to the economy.

Consumer Debt

Total consumer debt is near $4 trillion, and has been rising steadily since 1975. But it has risen a staggering 47%since 2008, and shows no signs of stopping.

The chart below reveals this economic “ATM” at work:

When interest rates rise, as they have been thanks to the Fed’s recent spat of rate hikes, they will eventually get high enough that consumers won’t be able to get loans, or repay them.

Economic growth requires that consumers buy things and obtain credit. If they can’t do either, the consequences could be dire.

Now, this debt-fueled trifecta has caused panic among some billionaires.

Billionaires Sound Big Warning Alarm

Mainstream media almost never hype a financial crisis, so it’s significant when they do. But when billionaires are sounding the alarm, you might want to pay close attention.

At least two billionaires are doing just that, starting with Baupost Group’s Seth Klarman. Baupost Group is a $28 billion hedge fund, and Klarman normally positions himself out of the limelight. His fund is only open to private investors, so he has little incentive to promote his brand to the public.

But recently, he felt the need to write a warning to investors about the global debt, with specific reference to the U.S., according to Sovereign Man:

In a 22-page letter to his investors, Klarman warned that government debt levels, particularly in the US (where debt exceeds GDP), could lead to the next global financial crisis.

“The seeds of the next major financial crisis (or the one after that) may well be found in today’s sovereign debt levels,” he wrote.

In the same letter, Klarman continued…

“There is no way to know how much debt is too much, but America will inevitably reach an inflection point whereupon a suddenly more skeptical debt market will refuse to continue to lend to us at rates we can afford…”

Since the U.S. spends almost a third of its revenue on interest payments alone, it doesn’t seem like it can afford to pay much more.

And Klarman isn’t the only billionaire expressing unease. At the World Economic Forum in Davos, Switzerland, Ray Dalio, founder of the world’s largest hedge fund, said that debt would be to blame for the next downturn, which he believes will be bigger than the Great Depression.

“The biggest issue is that there is only so much one can squeeze out of a debt cycle and most countries are approaching those limits”.

You might think the U.S. government would do everything to curb this problem. But according to the Congressional Budget Office, the debt is projected to skyrocket to $33 trillion by 2029 (emphasis ours):

Uncle Sam’s total debt is rapidly approaching $22 trillion, and according to the Congressional Budget Offices latest ten-year projection, it will be more than $33 trillion by 2029, with $1 trillion annual deficits set to begin again and stay above that for as far as the fiscal eye can see.

Skyrocketing debt, check. Deficit to match, check. Or will it be checkmate?

Time to Prepare Your “Exit Plan”

The debt-fueled “growth” the U.S. has seen in recent years seems to be facing its biggest test.

That’s precisely why now is an ideal time to consider fortifying your savings. The U.S. has a long enough history to show that market optimism is pushed until it’s too late. If you want to hedge against that, don’t wait to start preparing your exit plan.


          Letter: The EU is trying every trick to stop the UK cash cow leaving      Cache   Translate Page      
THE EU’s assets are €153.7 billion in 2015 and the UK were one of the biggest net contributors for decades (half a trillion £s at last count since 1973).
          Democratic 2020 hopeful blasts GOP for 'fiscal hypocrisy'      Cache   Translate Page      
Democratic Sen. Michael Bennet (Colo.), who is mulling a presidential bid, on Sunday slammed Republicans for "fiscal hypocrisy" after they criticized former President Obama for deficits but then passed a $1.5 trillion tax...
          Cory Booker pitches unity to Iowa voters, reminding some voters of Obama      Cache   Translate Page      

Scott Olson/Getty Images(WASHINGTON) -- Senator Cory Booker crisscrossed the state of Iowa for first time as a presidential candidate on Saturday -- promising to pull a divided nation back together and eschewing negative campaign rhetoric.

At times Booker, a New Jersey Democrat, discouraged crowds who would "boo" at the mention of Republican leaders. With his fresh campaign slogan “Together, America, We Will Rise,” Booker encouraged his followers them to practice compassion and work together with their political opponents to find common ground.

“I have to beat Republicans, but unite Americans,” he said.

The statement is reminiscent of former President Barack Obama, who memorably told crowds, “Don’t boo. Vote!,” during his 2012 presidential campaign.

As Booker traveled to campaign events that stretched from the rural sections of Iowa to the state’s capital, many residents said they felt that his rhetoric mirrored Obama’s 2008 and 2012 campaign messages of “Hope and Change."

“I think when they look at him they will see Barack Obama and they’ll think...‘Oh my God, remember what it was?,” said Rita Robinson, Cedar Rapids resident.

Robinson, a black woman, was on hand for Booker’s campaign forum at the African American Museum of Iowa in Cedar Rapids. She said she was astonished by how few blacks were sprinkled throughout the crowd, but said she believed that “it isn’t about color, it’s about the man and the integrity he has.”

Robinson said she is putting her support behind Booker, in part because she believes he’s the only candidate who can beat Trump. When asked about the other black candidate in the race, including presidential hopeful and Democratic Senator Kamala Harris, Robinson questioned her viability as a presidential candidate because of the combination of her race and gender.

“I don’t think we’re ready for black and female," Robinson told ABC News. "I wish, but I don’t,” she said.

Iowa is 90 percent white, with blacks accounting for about four percent of the state’s population, according to the U.S. Census.

Regardless of the makeup of the crowds, at some events the turnout exceeded the space available -- as attendees gathered close together to escape the often-single digit temperatures outside.

Booker's largest event at the Des Moines Social Club drew 500 people, according to campaign aides. Even in front of a mostly white audience, Booker called for social justice in Iowa and referenced the civil rights movement.

Iowa is a key state in presidential elections -- it holds the first caucus in the nation and in turn sets the tone for the rest of the nation. It’s not unusual for residents to bump into a presidential candidate at a local coffee shop or restaurant -- vying to pitch voters on why they deserve to represent the country.

But for Booker, Iowa is much more personal. The senator’s maternal grandmother was born in Iowa and he has several relatives that live in the state.

Booker's family ties took center focus in his campaign speech to voters. He mentioning that in Buxton -- a coal mining town where his grandmother lived -- people of all races worked together to fuel America.

At every stop, Booker fell back on his central theme of unity, even calling this election “a test to see how we can unite America.”

While the message resonated with many, others weren’t so impressed.

“I thought he talked too much about himself and [didn't tell] us the plans for the future and [how he would put] those plans into action now,” Allen Max Richards said after attending Booker’s forum in Marshalltown.

When asked how he would confront possible cynicism from President Trump, Booker fell back on the “golden rule” promising to not fight fire with fire.

“I don’t want people to think in order to be tough you have to be mean; in order to be strong, you have to be cruel," " the senator said during a campaign event in Des Moines. "I want to campaign how I want to govern."

Still, the senator did not shy away from taking on Trump.

“We have a president that has a real problem relationship with the truth,” he said.

Booker also spotlighted issues that will be at the center of his campaign: supporting the Green New Deal, championing criminal justice reform, including ending private prisons, and allowing the Department of Health and Human Services to negotiate down drug prices on behalf of millions of Medicare recipients.

Vowing to the never take money from pharmaceutical companies or corporate political action committees, Booker concluded the first campaign stop in Iowa with selfies and hugs as Iowans waited a few hours just to meet the next presidential hopeful who stops by -Sen. Elizabeth Warren.

Within just a few hours of Booker’s first event, the Iowa Republican Party quickly released a statement criticizing him.

“Cory Booker will say just about anything to stand out in the Democrats’ crowded field of coastal liberals,” Iowa GOP Chair Jeff Kaufmann said in a statement.

“Iowans can see through his theatrics and still reject his policies - like his embrace of trillion dollar government programs, burdensome regulations for Iowa farmers and his plan to eliminate private health insurance," Kauffman said.

Copyright © 2019, ABC Radio. All rights reserved


          'Lego Movie 2' won an underwhelming weekend at the box office      Cache   Translate Page      

lego movie 2 warner bros

  • "The Lego Movie 2" won the weekend box office but performed below industry projections.
  • With hopes of opening in the $50 million range, it only took in $34.4 million.
  • "What Men Want" takes second place with a solid $19 million.

After weeks of Universal's thriller "Glass" topping the domestic box office, there was certainly going to be a change at number one with movies like Warner Bros.' "The Lego Movie 2: The Second Part" and Paramount's "What Men Want" opening this weekend. But the bigger question was if either would attract big audiences.

"The Lego Movie 2" picks up where the 2014 hit left off, but it didn't grab audiences the same way.

"Lego Movie 2" won the weekend box office with a $34.4 million opening on 4,300 screens, but that's nowhere near the original's $69 million opening take, or the projections the industry had for the sequel, which were around $50 million-plus.

what men want paramountYou certainly can't blame Rotten Tomatoes for this one. The movie was certified fresh with an 84% rating. The movie also sported an A- CinemaScore. Perhaps Warner Bros. releasing two Lego movies last year — "The Lego Batman Movie" and "The Lego Ninjago Movie" — burnt out audiences.

Coming in second place was the Paramount comedy "What Men Want." The studio stayed realistic in what it could pull off this weekend, placing the Taraji P. Henson movie on only 2,900 screens, but the movie performed well taking in $19 million.

Read more: An "Aquaman" horror spin-off movie is officially in the works about the Trench creatures

Next week will be more of a mixed bag of releases as "Alita: Battle Angel," "Happy Death Day 2U," and "Isn't It Romantic" enter the fray. But the way things are going, it seems audiences are saving their pennies for the first must-see movie of the year, "Captain Marvel," which opens March 8.

SEE ALSO: Marvel made a brilliant 1990s throwback website to promote the new "Captain Marvel" movie

Join the conversation about this story »

NOW WATCH: How Apple went from a $1 trillion company to losing over 20% of its share price


          Bill Crawford: Constructive Conservatism Needed to Stop Rise of Socialism      Cache   Translate Page      
What would Adam Smith, the father of modern capitalism, think of capitalism in America today?


You see, it was Smith's notion that despite natural greed, individuals in a free, capitalistic society would be led by "reason, principle, conscience" to act morally and compassionately. Capitalism would be the economic mechanism by which wage earners and the middle class would accumulate wealth. While certainly true historically in the United States, and much of the free world, that no longer seems to be the case here, especially since the Great Recession.

"Only upper income families have median wealth greater than prior to the Great Recession" – Pew Research Center, Nov. 1, 2017.

"The income share of the poorest half of Americans is declining while the richest have grabbed more. In Europe, it’s not happening." – Vox.com, July 29, 2018.

"The US Congressional Research Service says the income share of the richest 1% of Americans reached 19.6% last year. It never rose above 10% in the first four decades after the Second Word War." – The Telegraph, Feb. 5, 2019.

And, so what, you say?

"According to a new poll from Gallup, young Americans are souring on capitalism. Less than half, 45 percent, view capitalism positively," CNBC reported last August. "Meanwhile, 51 percent of young people are positive about socialism."



Perhaps you noticed the leftward swing in the mid-term elections last year. According to Axios.com, "The Democratic Party's base is rallying around calls for massive social welfare programs like Medicare for All, a federal jobs guarantee and a Green New Deal — all of which would cost trillions of dollars and potentially bust the budget," which they say "is not that big of a deal."

This trend is not new. In 2011 BBC News Magazine published an article that declared, "As a side-effect of the financial crisis, more and more people are starting to think Karl Marx was right."

To counter this trend, what have conservatives done? So far, they continue to promote rapacious capitalism, facilitate corporate greed, and provide fuel to energize the left.

In 1923, Sir John Skelton, penned a series of anti-socialism articles challenging fellow conservatives to step up and face the social and economic challenges facing his nation. He called this approach "constructive conservatism" and said that growing the wealth of wage-earners through fair wages and property ownership should be conservative's top priority to thwart the appeal of socialism.

In today's parlance that means big business should be hiring more people and increasing wages rather than funding stock buy-backs, expensive mergers, and escalating corporate salaries (now 270 times average wage earner salaries; up from 20 times in 1970.) Crumbs to the middle class from massive tax cuts for huge corporations and the wealthy and low-wage jobs with no benefits and no future won't dent the rise of socialism.

So, who are the champions of constructive conservatism in America today?

Well, John Kasich may come closest. Quoting conservative Catholic philosopher Michael Novak, he said capitalism without compassion is "bankrupt," but looks more to government intervention than moral business behavior.

An ironic call for "moral capitalism" to combat socialism comes from Rep. Joe Kennedy (yes, one of those Kennedys). "We have to do a better job addressing the economic needs of working class and middle class voters," he told the Associated Press.

Some form of constructive conservatism will be needed to thwart the rise of socialism.


Crawford is a syndicate columnist from Meridian.

          America's Bitter Pill: Steven Brill on Fixing a Broken Healthcare System       Cache   Translate Page      
This week, Mark and Margaret speak with Steven Brill, journalist, entrepreneur, and author of Bitter Pill: Money, Politics, Back-Room Deals, and the Fight to Fix our Broken Healthcare System. Mr. Brill's work has made national headlines upon its recent release, contending that the American healthcare system is woefully inadequate despite the country's $3 trillion dollar expenditure which outpaces than the next 10 biggest spenders combined.
          FAAC disbursements in 2018 highest since 2014 – NEITI      Cache   Translate Page      

The report showed a total of about N8.52 trillion was disbursed to the federal and 36 state governments.

The post FAAC disbursements in 2018 highest since 2014 – NEITI appeared first on Premium Times Nigeria.


          Ocasio-Cortez Adviser Caught Making False Claims About ‘Green New Deal’ By Tucker Carlson      Cache   Translate Page      

Democratic Socialist Rep. Alexandria Ocasio-Cortez (D-NY) and her adviser were both caught in lies concerning the posting of the ‘Green New Deal’ on her website. The document was released last week and the mocking began as the $7 trillion plan was torn asunder on social media. That’s when the backtracking and the fibbing began. Most […]

The post Ocasio-Cortez Adviser Caught Making False Claims About ‘Green New Deal’ By Tucker Carlson appeared first on Joe For America.


          ‘Green New Deal’ Document Mysteriously Disappears from Ocasio-Cortez’s Website After Being Mocked      Cache   Translate Page      

Democratic Socialist Rep. Alexandria Ocasio-Cortez (D-NY) released her ‘Green New Deal’ late last week amid much fanfare from the left and the full support of most Democratic 2020 candidates. It was immediately mocked widely for being completely unworkable, costing $7 trillion, and frankly being one of the most moronic documents to ever go public. But […]

The post ‘Green New Deal’ Document Mysteriously Disappears from Ocasio-Cortez’s Website After Being Mocked appeared first on Joe For America.


          Final investment decision for Mozambique gas block seen by March-April      Cache   Translate Page      

By Promit Mukherjee NEW DELHI (Reuters) - A final investment decision, commonly called FID, for a massive offshore natural gas block in Mozambique is expected to be ready by March or April, the chairman of Mozambique's national oil company ENH said in New Delhi on Sunday. This is the first time any of the seven partners in the block has given a specific timeline regarding an investment plan for the block, located east of Mozambique's Rovuma basin and called Area 1. An FID for the block could unlock value in one of the world's biggest recent gas discoveries, estimated at 75 trillion cubic feet

The post Final investment decision for Mozambique gas block seen by March-April appeared first on Firstpost.


          War Capital: Blackwater Founder Draws Scrutiny for $1 Trillion China Deal      Cache   Translate Page      
A former US Navy Seal-turned businessman who has seen his global mercenary moves continually turn a profit has gone for broke in China following massive investment from Beijing.
          INDONESIA: Jakarta media activist threatens to sue Facebook for shutting accounts      Cache   Translate Page      

By Marguerite Afra Sapiie
JAKARTA (Jakarta Post/Asia Pacific Report/Pacific Media Watch): Indonesian social media activist Permadi Arya has threatened to file a Rp 1 trillion (NZ$107 million) lawsuit against Facebook after the tech giant shut down his account in a crackdown on fake news in Indonesia.

Permadi, also known as Abu Janda, said Facebook had made serious allegations by accusing him of being part of fake news group Saracen and shutting down his Facebook pages and accounts.

read more


          Democratic 2020 hopeful blasts GOP for 'fiscal hypocrisy'      Cache   Translate Page      
Democratic Sen. Michael Bennet (Colo.), who is mulling a presidential bid, on Sunday slammed Republicans for “fiscal hypocrisy” after they criticized former President Obama for deficits but then passed a $1.5 trillion tax cut under President...
          The Bankster Gangster Regime...SHAME ON CHASE BANK...      Cache   Translate Page      
AND THE “The Dyatlov Pass Incident”.

Sunday yowls and YUGE ROARS, my precious, most darling KitKats... WE ARE IN DEEP DOO-DOO when the major banks can willy nilly terminate anyone's account for any reason whatsoever ... meanwhile, CHASE and other major banks money-launder TRILLIONS from the drug cartels, the human sex trafficking cartels, the gun-running cartels... and GOD KNOWS WHAT ELSE terrible crimes they are guilty of... We must as a culture figure out viable economic alternatives, not only for the sake of our futures, but to assist in ending the bankster gangster regime that holds our money hostage, and holds humanity brutally hostage. The Kougar wishes she'd figured out ways to to avoid this beast system. Likely though, whatever she tried would have been squashed like a cockroach. This Big Cat has done her best to stay on the fringes over the years, yet she is as enslaved-captured as most now. As the Kougar has roared about over the past decade now, do your best to encourage, create your own local economy. This will be one salvation against what is to come.  

Furthermore, the WHITE HATS amongst us, who are capable, must take action, drastic action, as in HACKING, etc. and TERMINATION where necessary. WE, THE HUMAN RACE, ARE AT WAR with these soulless, psychopathic monsters. For they would destroy us with not one twinge of conscience. 

IT WOULD BE WONDERFUL IF ENOUGH US COULD PULL OUR MONEY OUT OF CHASE BANKS IN PROTEST... BUT THIS STRATEGY IS LIKELY NOT PROBABLE, GIVEN HOW ENSNARED MOST OF US ARE, HOW ON POVERTY'S EDGE WE ARE... AT LEAST, NOT CURRENTLY... IT MIGHT BECOME *YELLOW VEST* TIME SOONER THAN WE THINK, THOUGH... 

https://www.infowars.com/chase-bank-abruptly-bans-proud-boys-leader/the

CHASE BANK ABRUPTLY BANS PROUD BOYS LEADER

“How am I supposed to get food to feed my family?”

Chase Bank Abruptly Bans Proud Boys Leader
Chase Bank has notified Proud Boys Chairman Enrique Tarrio that they will no longer do business with him, and he has until April 1st to move his money out, according to a letter obtained by Big League Politics.




Enrique Tarrio (left) 
While the bank hasn’t stated why they are shutting Tarrio’s accounts, the letter comes “just days after Chase Bank’s payment processor, Chase Paymentech, de-platformed him on a website he runs that allows groups and charities to sell merchandise, and raise money for causes,” writes Big League Politics‘ Waldo Crane
The website, 1776.shop, is most known for selling the famous “Roger Stone Did Nothing Wrong” shirts which Stone was spotted in during the late-night arrest at his home. –Big League Politics




Via Big League Politics
Tarrio – who is Cuban and Black, was prominently featured in a September article in the Daily Beast highlighting young men of color joining “White-Supremacist groups.” Of note, the Proud Boys – a fraternal organization founded by Gavin McInnes, has been labeled a “hate group” by the Southern Poverty Law Center, for which McInnes is currently suing them.




Since the Daily Beast report, Tarrio says he has been deplatformed by a number of services, including: Facebook, Twitter, Instagram, Airbnb, FirstData, Square, Stripe and PayPal.
“My political views pretty much mirror those of President Donald Trump,” Tarrio tells Big League Politics. “But the media, and groups like the Southern Poverty Law Center, smear me trying to tie me, an Afro-Cuban, to ideologies that would force me out of my own country if they went into effect. It’s completely asinine and based completely outside of reality.”
Tarrio is worried that he won’t be able to function in the 21st century if he continues to be blacklisted.
“How am I supposed to get food to feed my family? Are taking the directions of the Governor of Virginia and trying to abort me 34 years after birth,” he said in a statement. “They are essentially denying my existence, and trying to force me into homelessness, and ultimately death.”
Tarrio thinks President Trump should do something about the deplatforming.
“He needs to step in, not only because if he doesn’t he will lose in 2020 with all of his supporters being kicked off social media, but because it’s the right thing to do.”
The Proud Boys made headlines last year after scuffling with Antifa during political rallies for which the fraternal organization had legally obtained permits.




WHAT DID HAPPEN??? 

http://www.whatdoesitmean.com/index2784.htm

February 9, 2019
Putin Fires Top Generals Who Tried To Block Probe Into Russia’s Most Haunting UFO Mystery 
By: Sorcha Faal, and as reported to her Western Subscribers
A beyond stunning new Security Council (SC) report circulating in the Kremlin today states that President Putin has signed a decree firing top generals and officials within the Ministry of Interior,Investigative Committee and Emergencies Ministry based on evidence provided by the Prosecutor General’s Office proving that they were illegally interfering and trying to block the just re-opened investigation in Russia’s most haunting and mysterious UFO incident that occurred 60-years in 1959 [English]—that’s now known to history as “The Dyatlov Pass Incident”.  [Note: Some words and/or phrases appearing in quotes in this report are English language approximations of Russian words/phrases having no exact counterpart.]

Western movie companies have long been fascinated by Russia’s most haunting UFO mystery

According to this report, between the dates of 1-2 February 1959, a highly skilled mountaineering ski team of experts from the Ural Polytechnical Institute began an excursion on Kholat Syakhl Mountain in the northern Ural Region of Russia—all of whom were discovered dead—with six having died from hypothermia, while the other three showed signs of physical trauma—with one victim having a fractured skull; two others having major chest fractures, the body of another discovered missing its tongue and eyes, and forensic tests confirming that traces of skin were found embedded in bark, indicating that two victems had frantically attempted to climb a tree, snapping off branches until their hands were a mass of pulpy flesh —but whose investigation at the time was only able to conclude that an “unknown compelling force” had caused these deaths, and their further noting the damage done to the corpses were inconsistent with an attack by a human being

Yuri Yudin (bottom right) was only survivor of The Dyatlov Pass Incident due to his leaving expedition due to illness

Left uninvestigated about these mysterious deaths in 1959, however, this report notes, were the accounts, myths and legends of the Mansi Peoples—an ancient race of indigenous hunter-gatherers of whom less than 12,000 survive today—but over the past 1,000 years have been documented to have migrated throughout nearly the entirety of the Russian Federation, most numerously in Siberia—and in whose legends show that Kholat Syakhl received it’s ominous name “Death Mountain” from them after nine of their warriors had mysteriously perished on the same peak years before The Dyatlov Pass Incident.
In 2016, this report continues, archeologists discovered fragmented remains and artifacts of the ancient Mansi Peoples in the Denisova Cave located in Siberia—one of whose artifacts was a “map” describing a “queen-mother” located in the Gamurzievsky settlement near the city of Nazran-Ingushetia—and where last month was discovered the ancient remains of a woman having an alien-like elongated skull.  

Ancient “queen mother” (above) refered to by Mansi Peoples discovered buried in Gamurzievsky settlement near the city of Nazran-Ingushetia

After the discovery of this alien-like ancient “queen mother”, this report details, further DNA tests were ordered on bone fragments located in the Denisova Cave—and whose shocking results of last month showed them containing a “lost branch of humanity”—and is a finding confirmed by American scientists who, likewise, just confirmed their discovery of the genetic footprint of a “ghost population” they say matches those of the fossils found in Siberia.
Based upon these findings, this report says, a greater examination of the ancient Mansi Peoples legends and myths was undertaken—and among whose ancient artifacts dating back 48,000 years that are still being discovered in Siberia, contains a description of the “sailing vessel” used by the mysterious alien skulled “queen mother” their legends say “landed-resided” on Kholat Syakhl Mountain where The Dyatlov Pass Incident occurred—whose shape of exactly matches that of the mysterious space object named Oumuamua (Hawaiian for “scout”)—that Doctor-Scientist Avi LoebChairman of Harvard University’s astronomy department, last month declared could be “one of the greatest discoveries in human history” because of his calculations showing that it’s an interstellar vehicle from an unknown alien race—and after whose declaration, saw the Prosecutor General’s Office re-opening an investigation into The Dyatlov Pass Incident for the first time in 60-years on 1 February 2019


Important to note, this report states, is that even prior to the Prosecutor General’s Office re-opening their investigation into The Dyatlov Pass Incident, the examination by Russian military and intelligence experts of the ancient Mansi Peoples legends and myths began to cast a cloud of “grave uncertainty” over what the Americans had been telling for decades about their knowledge of alien races—a suspicion moved upon by the Joint Institute for Nuclear Research (JINR), who last year rushed to complete construction of their super-heavy element factory in Dubna nearMoscow.
And whom, this report concludes, President Putin ordered this past week to begin the synthesizing of the mysterious Element 115—the existence of which was first revealed to the world in 1989 by an American technician-scientist named Bob Lazar, who detailed his secret work on alien spacecraft captured by the US military and held deep underground at Area 51-Nevada—but whom the USgovernment denied all knowledge or even existance of, in spite of his being listed in their own internal phone books and documents—and was due to their fear of Dr. Lazar revealing the 500 pounds ofElement 115 the US has and his stating “It has to come from some place where it's natural, like from a super nova…in other words, it comes from a solar system other than ours”—and that many Russian military experts today believe is behind the shocking and mysterious rise in TR-3B triangular UFO sightings across the world these past few months.


February 9, 2019 © EU and US all rights reserved.  Permission to use this report in its entirety is granted under the condition it is linked back to its original source at WhatDoesItMean.Com. Freebase content licensed under CC-BY and GFDL.


CHRISTIAN OR NOT, THIS IS ABOUT GOOD VERSUS EVIL... THE KOUGAR HAS ALWAYS CHOSEN *GOOD*, AND SHE WILL CONTINUE... 

January 28, 2019
United States & Britain Prepare For National Emergency Declarations In Wake Of Shocking French Death-Attack On Top Protest Leader

....
Standing on the side of global nationalist-populists the world over battling against the godless tyranny of leftist-socialism, this report concludes, is President Trump—who, in 2017, issued his own manifesto in defense of both Christianity and Western moral values—and whose stirring words spoken to tens-of millions of peoples in Europe, but barely reported on in the United States, proclaimed both evident truths and challenging questions:
We write symphonies, we reward brilliance, we strive for excellence, and cherish inspiring works of art that honor God.
We treasure the rule of law and protect the right to free speech and free expression.
We empower women as pillars of our society and of our success, we put faith and family, not government and bureaucracy, at the center of our lives.
And we debate everything. We challenge everything. We seek to know everything, so that we can better know ourselves.
But on both sides of the Atlantic, our citizens are confronted by yet another danger, one firmly within our control.
This danger is invisible to some but familiar to the Poles: the steady creep of socialist government bureaucracy that drains the vitality and wealth of the people.
The West became great, not because of paperwork and regulations, but because people were allowed to chase their dreams and pursue their destinies.
So, the fundamental question of our time is whether the West has the will to survive, do we have the confidence in our values to defend them at any cost?
Do we have enough respect for our citizens to protect our borders?
Do we have the desire and the courage to preserve our civilization in the face of those who would subvert and destroy it?

Sound familiar? 
When did the American people quit knowing that the real name of the German Nazis was The Nationalist Socialist German Workers Party

January 28, 2019 © EU and US all rights reserved.  Permission to use this report in its entirety is granted under the condition it is linked back to its original source at WhatDoesItMean.Com. Freebase content licensed under CC-BY and GFDL.

http://www.whatdoesitmean.com/index2774.htm


          Gas discovery could rescue South African economy - experts | Sunday Tribune - Independent Online      Cache   Translate Page      
Gas discovery could rescue South African economy - experts | Sunday Tribune  Independent Online

Durban - A TRILLION rand over 20 years could pour into the country if a gas discovery in the Outeniqua Basin, off the southern Cape coast, is tapped. French oil ...


          Wealth Management - Private Bank - Client Advisor - Vice President - Milwaukee, WI - JP Morgan Chase - Milwaukee, WI      Cache   Translate Page      
JPMorgan Chase & Co. Is a leading global financial services firm with assets of more than $2.4 trillion, over 240,000 employees and operations in over 60...
From JPMorgan Chase - Tue, 15 Jan 2019 12:31:02 GMT - View all Milwaukee, WI jobs
          Wealth Management - Private Bank - Banker - Vice President or Executive Director - Milwaukee, WI - JP Morgan Chase - Milwaukee, WI      Cache   Translate Page      
JPMorgan Chase & Co. Is a leading global financial services firm with assets of more than $2.4 trillion, over 240,000 employees and operations in over 60...
From JPMorgan Chase - Tue, 15 Jan 2019 12:31:02 GMT - View all Milwaukee, WI jobs
          Wealth Management - Private Bank - Client Advisor - Vice President or Executive Director - Milwaukee, WI - JP Morgan Chase - Milwaukee, WI      Cache   Translate Page      
JPMorgan Chase & Co. Is a leading global financial services firm with assets of more than $2.4 trillion, over 240,000 employees and operations in over 60...
From JPMorgan Chase - Wed, 09 Jan 2019 12:28:23 GMT - View all Milwaukee, WI jobs
          "Crimp" - Sun. AM KTFA Thoughts/News      Cache   Translate Page      
KTFA

Don961 » February 10th, 2019


09-02-2019 07:08 PM

Tamimi: Budget law will be published during the next two days in the facts

BAGHDAD (Reuters) -

A member of parliament's finance committee Majida al-Tamimi announced on Saturday the ministry's intention to publish the budget law in the official newspaper of the next two days, pointing out that the law will be effective from the date of its publication in the facts.

Tamimi said in a statement received by the 'news'' the law of the federal budget will be published in the newspaper (facts) Iraqi mid-week ', indicating that' the law will enter into force after the publication. link

Iobey777 » February 10th, 2019

BOOM!!!!!

Jeanette » February 10th, 2019

I really like this article. I think there's some real treasures here. "the law will enter into force after publication" that could be, also, the article we are looking for to be published along with the law. IMO

Shade » February 10th, 2019

Do I have this correct? They can publish it all day long but they still need to actually open it. I don't think they've ever opened it have they? Yes it looks like they will but .... ?

Iobey777 » February 10th, 2019

isn't it interesting how one person/negotiator(Trump) and ONE currency RV can change the entire outlook for a region!!!IMO Just sayin' (smile)

Samson » February 10th, 2019

Short version of one posted yesterday


IMF warns of rising Arab public debt

9th February, 2019 The International Monetary Fund (IMF) has warned Arab countries of a rapid increase in public debt due to the continued rise in the budget deficit since the global financial crisis in 2008.

"Unfortunately, the region has not yet fully recovered from the global financial crisis and other major economic turmoil of the last decade," IMF Director Christine Lagarde said on Saturday at the Fourth Public Finance Forum in Dubai.

Lagarde added that "economic growth has improved among oil-importing countries only, but it is still below pre-crisis levels." Public debt in Arab oil importing countries rose from 64 percent of GDP in 2008 to 85 percent in 2018.

Lagarde stressed that public debt in about half the Arab countries currently exceeds 90% of GDP, noting that "the next economic path of the region is fraught with challenges."

And called on oil-exporting countries to use renewable energy in the coming period in line with the Paris Climate Convention, which provides for reducing emissions harmful to the environment.

Lagarde called on countries in the region to achieve greater transparency, reforms and anti-corruption measures.

Last month, the International Monetary Fund cut its forecast for economic growth for Saudi Arabia, the world's largest oil exporter, and for the Middle East and North Africa region due to falling oil prices, declining production and geopolitical tensions. LINK

Iobey777 » February 10th, 2019

Interesting how they are again talking about all their achievements! However, there is that 202 date again...wonder if Trump is not putting a "crimp" in that projection by telling them to do it NOW? JMO!!! They have everything ready to go amd as they said, they are waiting for the "higher ups" to tell them WHEN!! IMO, they have been told when and they know it!!!

Samson » February 10th, 2019

Association of Banks organizes a seminar "Managing monetary policy in the current economic conditions"


9th February, 2019

The Association of Iraqi Private Banks held a seminar on "Managing Monetary Policy in the Current Economic Conditions" on Saturday, the third day of the Baghdad International Book Fair under the theme "One book more than life

The symposium began with the participation of the Governor of the Central Bank of Iraq, Dr. Ali Al-Alaq and the President of the Association of Iraqi Private Banks Wadih al-Hanal, and was interviewed by banking expert Samir Nusairi

The symposium was attended by a distinguished audience from the Deanship of the Faculty of Information and a number of academics from the University of Baghdad and the University of Mustansiriya and a number of those interested in the economic and banking affairs and a distinguished presence of local and Arab media.

The Council of the Faculty of Business Economics also participated in this scientific symposium represented by the Dean of the College Wafaa Jafar Amin and her assistants. The Dean also extended her thanks and appreciation to the Governor of the financial grant granted to the College to expand the classrooms and the library of the College

The symposium began with a question by the Governor of the Central Bank about how the bank faced the challenges after the events of 2014, between the Governor that the economic side is significantly affected by the economic, social and political events, the most affected by others, as Iraq was subjected to a war with " Oil to 50 or 70%, and there was also another challenge to the exposure of the Central Bank and the banking sector in the provinces that entered, calling for the loss of its total existence of human and material resources, for example branch of Nineveh and branches of banks amounted to loss of about 2 trillion dinars

"The other challenge is the fear of the country being in a state of recession and instability,"he said. "The other challenge concerns the security aspect by controlling the movement of funds and preventing them from subverting terrorists. So the central bank has taken measures to prevent this

The governor also said during the seminar that the bank had to maintain the exchange rate, because the dinar's decline against the dollar is a blow to citizens. We succeeded in this challenge and maintained the exchange rate

The governor said that in these difficult circumstances, the bank launched lending initiatives,including real estate and housing, for 2 trillion dinars in order to move the economic situation in the country, considering that these policies were no less important than confrontations in the battlefields

Asked about the achievements achieved by the bank within the strategies for the years 2016 to 2020, the governor said that the strategy that was developed is the first that received the exact timing and was focused from the reality to reality, the transfer of the Central Bank from one era to another horizontal and vertical development is the expansion of tasks The Central Bank , and the development of units and formations within its organizational structure and training its employees in order to keep abreast of development

The bank has established the National Payments Board and has introduced new sections that are in line with the strategic development, such as TQM as well as other departments such as risk management and compliance management. The strategy has also worked to combat financial crimes, terrorism financing and money laundering

After that, the axes moved to the President of the Association of Iraqi Private Banks Wadih al-Hanalal asking him about the goals achieved by the Association during the past years. He answered the goals of the Association at the Baghdad International Book Fair is to promote the project of financial coverage to be launched by the Central Bank.

Dissemination of legal concepts. One of the achievements of the Association is our focus on training and development of human resources, and here it must be lame that the US Treasury provided a shield for the first time in the training area of ​​the Association of Private Banks

He continued by saying that there are three things we focus on are human resources, operational risks and auditing, because if these factors converge, the institutions will take their natural and effective role in all parts of the state. The important factor that helped us is the confidence of the central bank

He said that the good partners are the basis for funding community initiatives. The Association has worked on many social initiatives such as rehabilitation of bridges, Baghdad initiative, providing study trips to schools and supporting many projects such as the Academy of Cancer Warriors Basra, as well as the project of the station, which won the approval of international bodies LINK

Source: Dinar Recaps
          ‘Brilliant!’ Trump applauds Democrats’ Green dream to ‘eliminate all planes, cars, cows & military’      Cache   Translate Page      
US President Donald Trump has mocked the so-called Green New Deal initiative spearheaded by freshman Congresswoman Alexandria Ocasio-Cortez (NY-14), seeking to ‘revolutionize’ the US economy by any means necessary.

“I think it is very important for the Democrats to press forward with their Green New Deal. It would be great for the so-called ‘Carbon Footprint’ to permanently eliminate all Planes, Cars, Cows, Oil, Gas & the Military – even if no other country would do the same,” the US leader tweeted Saturday.

The billionaire businessman and a proud climate change skeptic stopped short of traditionally branding it the ‘worst deal’ ever, but he apparently believes spending trillions to fully transform and rebuild the US economy would be a waste that’d undermine America’s competitive advantage on the world stage.#

Trump’s critics predictably flooded him with personal attacks, accusations of selling Americans’ future to oil corporations and arguments that the Democrats at least have some kind of a plan.


https://www.rt.com/usa/451089-trump-green-deal-brilliant/

  1. I think it is very important for the Democrats to press forward with their Green New Deal. It would be great for the so-called “Carbon Footprint” to permanently eliminate all Planes, Cars, Cows, Oil, Gas & the Military - even if no other country would do the same. Brilliant!

    26,619 replies27,829 retweets114,649 likes
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