It became clear that the best way to stay competitive and protect the business for long-term is to move production from our facility in Indianapolis to Monterey, Mexico. – Carrier Air Conditioning spokespersonBack in February, workers at a Carrier air conditioner manufacturing plant in Indianapolis filmed a company spokesman informing employees that 1,400 jobs would be moved to Mexico. The s...Read More
Why the world needs more U.S. government debt ... Are government-imposed restrictions holding back the U.S. economy? In a way, yes: The federal government is causing great harm by failing to issue enough debt. The U.S. generates more income than any other country, and will keep doing so for many years to come. The federal government can generate a lot of revenue by taxing this income — a p...Read More
Barack Obama and the end of the Anglosphere ... When supporters of the Vote Leave campaign sketch out a future for Britain outside the EU, they often point to the Anglosphere of English-speaking nations - bequeathed by Britain's imperial past. So Barack Obama's intervention in Britain's EU referendum last week was a potentially devastating moment for the Brexit campaign. - Financial TimesThis fasc...Read More
White House poised to release secret pages from 9/11 inquiry ... The Obama administration will likely soon release at least part of a 28-page secret chapter from a congressional inquiry into 9/11 that may shed light on possible Saudi connections to the attackers. -APWe've run a number of stories on the disintegration of Saudi Arabia but Western attacks against the House of Saud keep on coming.In...Read More
For the next two days, the Committee that controls the world will be huddled in the ivory tower known as the Eccles Building in D.C. There, ten people will tediously examine the data, look at the forecasts, and weigh options for an economy with a GDP of $17 trillion, a population approaching 320 million, and an official national debt of over $19 trillion.This committee with unlimited, unquestioned...Read More
2016 Campaign's Populist Tone Rankles America's CEOs ... Chief executives at big American companies are increasingly frustrated by the populist tone of the presidential campaign, and concerns are mounting in boardrooms and corner offices that anti-business rhetoric may solidify even after the November election. – Wall Street JournalThis Wall Street Journal article makes the point that Trum...Read More
Washington Launches Its Attack Against BRICS ... Washington is now disposing of the reformist President of Brazil, Dilma Rousseff ... In Brazil, Washington has used corruption insinuations to get President Rousseff impeached by the lower house. Evidence is not necessary, just allegations. It is no different from "Iranian nukes," Saddam Hussein's "weapons of mass destruction," Assad's "use of che...Read More
The Panama Papers are going to be made into a movie as Western anti-privacy propaganda grinds on.The Panama Papers comprise 11.5 million emails hacked from the computers of Mossack Fonseca, a provider of corporations, trusts, shell companies and other legal structures that enhance privacy and anonymity.While those whose names appear in the 11.5 million emails have come under suspicion of criminal...Read More
China’s Economic Recovery Masking Financial Risks, Fitch Says ... Are We Heading Back Into China Markets Turmoil? ... -BloombergChina is run by a communist party but its policies are increasingly mercantilist and reminiscent of European and US strategies.Whether the world is run out of Washington or Beijing, the economic, political and military approach is increasingly similar.China is i...Read More
EU Has Meddled Too Much, Admits Boss Juncker ... More The European Union meddles too much in people’s lives, according to its most senior official. In a significant admission, Jean-Claude Juncker said a lot of the laws made in Brussels should have been left to national governments. As a result the EU has lost popularity with ordinary people because they feel it over-regulates, the Euro...Read More
Proposed world children’s court would punish abuses, slavery ... An international court should be set up to punish those responsible for child labor and other forms of abuse against children, former British Prime Minister Gordon Brown told the United Nations on Monday. - Thomson Reuters FoundationGlobalism proceeds apace. Last week Western leaders took aim at financial privacy and suggested...Read More
For bull, no death throes ... On Feb. 11, the day that the S&P 500 hit its correction low point, the financial press was filled with commentary from Federal Reserve Chairwoman Janet Yellen backing away from the possibility of four rate hikes in 2016 . The stock market has recovered nicely from the paroxysm of selling that occurred earlier this year, and in 10 days this will become the second l...Read More
Britain and its European allies have announced new rules designed to be a "hammer blow" against tax evasion in direct response to the Panama Papers leak that exposed how the world's richest and most powerful people hide their wealth from tax authorities. -GuardianNever in the history of humankind has it been impossible to create an anonymous legal entity.But now it will be. And this doesn't seem t...Read More
Mexican Finance Minister Luis Videgaray called ... proposal to force the country to pay for a wall along the U.S. border, or face economic consequences if it doesn't, a kind of diplomatic harassment that's doomed to fail ... Diplomats are mobilizing to assist immigrants in gaining U.S. citizenship, hosting free workshops on naturalization. About 12 million Mexicans live in the U.S. and almost ha...Read More
John Kerry makes ‘gut-wrenching’ tour of Hiroshima peace park ... First US secretary of state to visit atomic bomb memorial says site is 'harsh reminder of threat of nuclear weapons.' - CNNOver the years, as we have helped debunk elite propaganda, from elaborate NASA hoaxes to vaccine cover-ups, it has occurred to us more and more strongly that something is wrong with at least parts of...Read More
Panama Papers reveal London as center of 'spider's web' ... As-well as shining a spotlight on the secret financial arrangements of the rich and powerful, the so-called Panama Papers have laid bare London's role as a vital organ of the world's tax-haven network. - JapanTimesThe Panama Papers leak has "revealed" London at the center of a "spider's web," according to this article, above. It is furt...Read More
President Barack Obama and Federal Reserve Chair Janet Yellen discussed risks to the economy and progress from Wall Street reform during a rare meeting in the Oval Office on Monday, the White House said. -ReutersThe meetings going on in Washington DC have been the subject of much speculation in the alternative media, especially the one between Janet Yellen, President Obama and Vice President Biden...Read More
Several hundred activists were arrested Monday afternoon during a sit-in on the steps of the U.S. Capitol to call for action on voting rights and campaign finance reform. The mass civil disobedience, part of a week-long Washington protest known as Democracy Spring, aimed to demonstrate the depth of grassroots frustration at a political system that, participants said, is tilted toward the wealthy a...Read More
Revenge of the Vikings - Iceland Will Create Its Own Money ... Iceland is taking the money back from the clutches of the private fractional reserve lending cartel. It's happened before in history, and with great success, but it has also prompted a violent backlash from the elites ... - 21st Century WireUsually we comment on the elite propaganda of mainstream media reports, but we've always mad...Read More
The world is dotted with states and territories that make a specialty of providing services whose purpose is to facilitate ways to hide assets … Not all of what they do is illegal but so much of it is that the whole system needs changing. - Transparency International Press ReleaseThe so-called Panama Papers stolen from the Mossack Fonseca law firm specializing in shell companies has caused...Read More