Norway’s biggest bank DNB calls for the end of cash … Could Oslo become Europe’s first cashless capital? … Norway’s largest bank has called for the country to go totally cashless over fears of illegal activity. – UK Independent via Times of IndiaDominant Social Theme: Let’s focus on the bank runs while we build our cashless society.Free-Market Analysis: H...Read More
Who Organised the Attacks of January and November 2015 in Paris? … According to the official version, the attacks of January and November 2015 in Paris were sponsored by Al-Qa??da in the Arab Peninsula (AQAP)-for the execution of the editors of Charlie-Hebdo-and by Daesh for all the others. - VoltaireNet via LewRockwell.comDominant Social Theme: Don’t look at the man behind the curtain...Read More
BlackRock Chief: Markets Will Be ‘Fine’ … The boss of the world’s largest money manager said financial markets will be “fine” over the next year despite a sharp downturn early in 2016 … BlackRock Inc. Chairman and Chief Executive Laurence Fink said in an interview … that the market is “going through a correction phase and is doing it rapidly.&#...Read More
Leonardo DiCaprio Slams Corporate Greed and Calls for the Elimination of Fossil Fuels … “We cannot afford to allow the corporate greed of the coal, oil and gas industries to determine the future of humanity.” - TIME via PeopleDominant Social Theme: The same greedy corporations that pay me millions must divest themselves of their oil and gas interests. Oh, and coal, too.Free-Marke...Read More
BlackRock Chief: Markets Will Be ‘Fine’ … The boss of the world’s largest money manager said financial markets will be “fine” over the next year despite a sharp downturn early in 2016 … BlackRock Inc. Chairman and Chief Executive Laurence Fink said in an interview … that the market is “going through a correction phase and is doing it rapidly.&#...Read More
Leonardo DiCaprio Slams Corporate Greed and Calls for the Elimination of Fossil Fuels … “We cannot afford to allow the corporate greed of the coal, oil and gas industries to determine the future of humanity.” - TIME via PeopleDominant Social Theme: The same greedy corporations that pay me millions must divest themselves of their oil and gas interests. Oh, and coal, too.Free-Marke...Read More
Fears grow of repeat of 2008 financial crash as investors run for cover… As leaders gathered in Davos, FTSE 100 was gripped by panic selling and entered bear market with Dow Jones also plunging. - UK GuardianDominant Social Theme: Fears are growing as the world’s economic system trembles on the verge. What to do?Free-Market Analysis: Let us recall how long ago we were misled and what t...Read More
Cruz shifts on Edward Snowden … Republican presidential hopeful Ted Cruz … said National Security Agency leaker Edward Snowden is a “traitor” who should be “tried for treason,” shifting away from the praise he expressed for Snowden in 2013. - The HillDominant Social Theme: Off with his head.Free-Market Analysis: Politics is a truly brutal sport. Most of the time...Read More
Fears grow of repeat of 2008 financial crash as investors run for cover… As leaders gathered in Davos, FTSE 100 was gripped by panic selling and entered bear market with Dow Jones also plunging. - UK GuardianDominant Social Theme: Fears are growing as the world’s economic system trembles on the verge. What to do?Free-Market Analysis: Let us recall how long ago we were misled and what t...Read More
Cruz shifts on Edward Snowden … Republican presidential hopeful Ted Cruz … said National Security Agency leaker Edward Snowden is a “traitor” who should be “tried for treason,” shifting away from the praise he expressed for Snowden in 2013. - The HillDominant Social Theme: Off with his head.Free-Market Analysis: Politics is a truly brutal sport. Most of the time...Read More
Why Central Bank Independence Matters … In India, the independence of the Reserve Bank of India (RBI) and its respected governor, Professor Raghuram Rajan, was recently perceived to be under threat when the Indian government proposed through its Ministry of Finance that its nominees should form the majority in a new, formal Monetary Policy Committee of the RBI. Domestic and international con...Read More
Oceans running out of fish as undeclared catches add a third to official figures … The global catch of fish and seafood is falling at three times the rate reported by the United Nations and urgently needs to be slowed to avoid a crash, reports Christopher Pala. The finding comes in a new study for Nature which quantifies the huge illegal industrial fish pillaging taking place around the worl...Read More
Why Central Bank Independence Matters … In India, the independence of the Reserve Bank of India (RBI) and its respected governor, Professor Raghuram Rajan, was recently perceived to be under threat when the Indian government proposed through its Ministry of Finance that its nominees should form the majority in a new, formal Monetary Policy Committee of the RBI. Domestic and international con...Read More
Oceans running out of fish as undeclared catches add a third to official figures … The global catch of fish and seafood is falling at three times the rate reported by the United Nations and urgently needs to be slowed to avoid a crash, reports Christopher Pala. The finding comes in a new study for Nature which quantifies the huge illegal industrial fish pillaging taking place around the worl...Read More
The Citadel Is Breached: Congress Taps the Federal Reserve for Infrastructure Funding … The highway measure would be financed in part by a one-time use of Federal Reserve surplus funds and by a reduction in the 6 percent dividend that national banks receive from the Fed. . . . Banks with $10 billion or less in assets would be exempt from the cut. The Fed's surplus capital comes from the...Read More
"This is personal," Florida Sen. Marco Rubio told an estimated 300 people at the Hilton Garden Inn … It was foreign affairs that really got Rubio going claiming Obama is cutting "deals" with the enemies putting Americans in harms way, he said. "If you take an American as a hostage, Barack Obama will cut a deal with you (for release)." America must stand strong w...Read More
The Citadel Is Breached: Congress Taps the Federal Reserve for Infrastructure Funding … The highway measure would be financed in part by a one-time use of Federal Reserve surplus funds and by a reduction in the 6 percent dividend that national banks receive from the Fed. . . . Banks with $10 billion or less in assets would be exempt from the cut. The Fed's surplus capital comes from the...Read More
"This is personal," Florida Sen. Marco Rubio told an estimated 300 people at the Hilton Garden Inn … It was foreign affairs that really got Rubio going claiming Obama is cutting "deals" with the enemies putting Americans in harms way, he said. "If you take an American as a hostage, Barack Obama will cut a deal with you (for release)." America must stand strong w...Read More
Why This Market Meltdown Isn't a Repeat of 2008 … The end isn't nigh … The U.S. economy and financial system are in a very different place. Notably, debt ratios within the U.S. aren't nearly as high outside the government. – Wall Street JournalDominant Social Theme: 2008 is ancient history. Let's focus on what's good about the present.Free-Market Analysis: The...Read More
Bowie's death marks the Twilight of the Rock Gods …With David Bowie's final curtain-call, we are witnessing the end of an era, as the original stars of the explosive rock culture that convulsed the world in the second half of the 20th century are slowly extinguished. We are entering the Twilight of the Rock Gods. – UK TelegraphDominant Social Theme: Where will we turn for great...Read More