10 candidates for next UN chief to be in “globally televised” debate ... Ten of the 12 candidates who have announced their bids to replace UN Secretary-General Ban Ki-moon will take part in a first-ever “globally televised” debate, President Mogens Lykketoft of the General Assembly said here Monday. – xinhuanet.comThe UN is moving faster now to become the empowere...Read More
Sanders' victory: How Bernie ended the Cold War in 2016 ... Sanders’ dark horse candidacy stripped socialism of its fringe labels and, culturally speaking, ended the Cold War – SalonNow that Bernie Sanders is becoming a Hillary backer, the mainstream media is celebrating him.This article from Salon actually gives Sanders credit for ending a certain kind of Cold War.More:I can remember...Read More
Britain’s central bank is on the cusp of pulling an unprecedented move to stop Brexit destroying the economy ... The Bank of England is on the cusp of cutting interest rates to a new historic low again on Thursday in a bid to mitigate an impending economic slowdown caused by a Brexit. -Business InsiderThis Business Insider article points out how the Bank of England is getting ready to save t...Read More
The true danger to democracy is cynicism, not anger ... "The most amazing thing about the 2016 elections," Roger Porter of Harvard's Kennedy School of Government told me, "is that we are likely to elect someone who close to two-thirds of the country does not trust." The choice offered to Americans this November is the largest failure of the two-party system since (at least) the democratization o...Read More
Government Holds the Promise of Faster Growth ... One of the U.S.’s biggest economic challenges is the slump in productivity. After climbing steadily for many decades, productivity has slowed dramatically since 2011: Productivity is the key to long-term prosperity. It represents a hard ceiling on the amount of valuable things that a society is able to produce. If productivity flatlines,...Read More
Below, see news from our sponsor. You can see an interview HERE.Vancouver, BC / Marketwired /July 11, 2016 / Golden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), “Golden Arrow” or the “Company”) has structured a plan to capture the positives of the market changes using the Company’s value achievements to date as a base for growth.The top priority...Read More
Italy’s Matteo Renzi buffeted on all fronts ... Matteo Renzi is facing months of domestic challenges, including a referendum that could bring him down Matteo Renzi’s nickname is Il Rottamatore – the Demolition Man. Italy’s prime minister wears the name proudly, advertising his desire to tear through the mouldering institutions of the Italian state. But this year, his main t...Read More
Decades-old pink sweater helps explain why Hillary Clinton really hates press conferences ... Why is she so reluctant to stand in front of the assembled media and take questions? The answer could have something to do with the very first news conference Clinton held as first lady in 1994, an event that became known as the "pink press conference" or the "pretty-in-pink press conference." - Nat...Read More
The Horrific, Predictable Result Of A Widely Armed Citizenry ... The killings in Dallas are one more reminder that guns are central, not accessory, to the American plague of violence ... They are central now, when the increased fetishism of guns and carrying guns has made such horrors as last night's not merely predictable but unsurprising. The one thing we can be sure of, after we have mourned...Read More
America's Anger Is Out of Control Jeffrey Kluger ... After the September 11 attacks, TIME's Lance Morrow wrote a powerful essay titled, "The Case for Rage and Retribution," in which he argued: "For once let's have no fatuous rhetoric about 'healing.' A day cannot live in infamy without the nourishment of rage. Let's have rage. What's needed is a unified, unifying, Pearl Harbor sort of purple Ameri...Read More
Donald Trump on Tuesday once again expressed his preference for keeping dictators in power in the Middle East. While acknowledging that Saddam Hussein “was a bad guy,” Trump praised the former Iraqi dictator’s efficient killing of “terrorists” — despite the fact that Iraq was listed as a state sponsor of terrorism during Hussein’s time in power. - CNNPro...Read More
How the FBI reached decision on Clinton investigation ... Clinton forces should have only one hand clapping ... So far as we can now tell, the country in this instance has been well served by a leader and an FBI that has been diligent, hard-working and fair ... The FBI seems to have gotten this one right. -David Gergen, CNNDavid Gergen, a senior political analyst for CNN and "White House adviser...Read More
Chilcot report delivers damning verdict on British role in Iraq War ... London (CNN)A long-awaited official inquiry delivered a devastating indictment of Britain’s decision to invade Iraq Wednesday, finding that the war was based on flawed intelligence and had been launched before diplomatic options were exhausted. The findings of the 2.6 million-word Iraq Inquiry — seven years in th...Read More
City of London elite blame inequality for Brexit ... The City of London elite are urging companies and policymakers to learn one of the big lessons from the Brexit referendum by working harder to reverse the widening wealth gap in Britain and overseas. - Financial TimesOf course the top men in London's City want to reverse the "widening wealth gap."But not for them, you see. Not for handful of...Read More
Mexico's 84-Year-Old Mining Mogul Just Made a Cool $2.2 Billion ... Alberto Bailleres saw his net worth swell as Penoles rallied ... Miner Penoles is the world's biggest silver producer ... – BloombergWhen miners move, they move hard and fast.That's what happened toward the end of the 1970s and it is happening today as well.The interrupted upwards curve of metals prices against the dollar ha...Read More
Bottom line: Hillary Clinton screwed up. She’s admitted this repeatedly. Other investigators have come to the same conclusion. If you want to criticize her for this, that’s fine. She deserves it. But there was no criminal intent and essentially no chance that a jury would have convicted her. We’ve known this for months now. Now we know it officially. -Mother JonesThere are those...Read More
Where the Fed Will Be When the Next Downturn Comes ... The easy-money policy may bump inflation over 3% in the next few years, setting up interest-rate increases. -WSJThis article in the Journal provides us with a scenario regarding another slump and how the Fed will react.It is written by Martin Feldstein, chairman of the Council of Economic Advisers under President Ronald Reagan and a member of...Read More
Gold Stocks Dodge Drop as Risk Aversion Hits South Africa Assets ... Gold producers escaped the worst of a two-day sell-off in South Africa as investors around the world switched to safer assets. While the rand headed for its biggest decline against the dollar in a week and was the second-worst performer in emerging markets, South Africa's gold mining index jumped to the highest since February...Read More
No matter how you look at it, Trump’s not winning ... Amid the incessant din of election-year punditry and prognostication, one fact reigns supreme: Republicans vote for Republicans and Democrats vote for Democrats ... It is why America is freckled with “red” and “blue” states and “safe” congressional seats. It is also why American presidential races are...Read More
FBI recommends no charges against Clinton in email probe … FBI Director James Comey on Tuesday announced the agency is not recommending the Justice Department bring charges against Hillary Clinton, despite denouncing the former secretary of state and her colleagues for the way they handled classified information through private email servers. – PoliticoFBI director James Comey announc...Read More