New York Times
Now that Q2 is not shaping up to be much better than Q1, other, mostly climatic, excuses have arisen: such as El Nino, the California drought, and even suggestions that, gasp, as a result of the Fed's endless meddling in the economy, the terminal growth rate of the world has been permanently lowered to 2% or lower. What is sadder for economists, even formerly respectable ones, is that overnight it was none other than Tyler Cowen who, writing in the New York Times, came up with yet another theory to explain the "continuing slowness of economic growth in high-income economies." In his own words: "An additional explanation of slow growth is now receiving attention, however. It is the persistence and expectation of peace." That's right - blame it on the lack of war!
Senior NSA Executive: NSA Started Spying On Journalists in 2002 … In Order to Make Sure They Didn’t Report On Mass SurveillanceSubmitted by George Washington on 06/14/2014 01:46 -0400
He also DEMOLISHES Intelligence Agencies’ Excuse for 9/11, Confirms They're Recording Our CONTENT, Explains They've Got "Dataddiction" ... and Confirms We're Living In a Police State
“Excessively low interest rates are inflationary because they mean that bonds, stocks, real estate and unincorporated businesses are capitalized at excessively high rates, and will fall in value even though the annual income they pay remains the same, if interest rates rise.” If interest rates were artificially low, it would follow that prevailing investment values are artificially high. I contend that they are, and you may or may not agree. Natural interest rates — free-range, organic, sustainable — are what we need. Hot-house interest rates — the government’s puny, genetically modified kind — are the ones we have.
No Wonder Impeachment Was “Off the Table”: Democrats Approved Mass Surveillance and Torture … and the Subsequent Cover-UpSubmitted by George Washington on 06/09/2014 18:52 -0400
No, It Was NOT All Bush and Cheney's Fault ... Even Back THEN
With the stock market hitting record highs day after day, it is easy to move on and forget that one of American's once premier cities, Detroit, has been bankrupt for nearly a year. But out of mind doesn't mean out of sight, especially now that Google has launched its street view Time Machine, which provides for 7 years worth of street images, showing the time shift of the tumultuous period period starting in 2007. One blogger who decided to take this time lapse data and apply it to the city of Detroit is GooBing Detroit who, as the following time-lapse photos demonstrate, has captured Detoit's unprecedented slow-motion collapse into death and decay in what is the closest we have to "real time."
Snowden Is a Good Guy ... But There's a LOT that He Doesn't Know
Everywhere you look, Americans appear to be extremely obsessed with wealth and money. As a society we love money, and we are not ashamed to admit it. In fact, there are times we absolutely revel in it. For example, Time Magazine published an article this year entitled "Science Proves It: Greed Is Good" and hardly anyone even raised an eyebrow. But where will America's sick obsession with wealth and money end? Could it end up destroying us?
Freedom of the Press Geared Towards Protecting CRITICS of Government Corruption ... NOT Government Apologists
soaring food prices are not only already here but are set to surge even more, especially for those who rather eat real meat than mystery meat dispensed with largesse at your favorite $0.99 fast food. So what are food processors to do facing soaring meat input costs and unwilling to suffer bottom line hits? Why, return to that old staple of unknown origin of course.
Here comes Pink Slime... again.
After another, even deadlier, terrorist attack in Urumqi, Beijing must reevaluate its anti-terrorism strategy.
How do you get rid of hundreds of tons of highly radioactive water? You dump it into the Pacific Ocean of course! In Japan, the Tokyo Electric Power Co. has made the “painful decision” to begin purposely dumping massive amounts of radioactive water currently being stored at the destroyed Fukushima nuclear facility directly into the Pacific. This is being done even though water radiation levels near Fukushima spiked to a brand new all-time record high just a few days ago.
Russia’s seizure of Crimea has led to speculation that a major motivating factor was to acquire potentially vast energy resources in the Black and Azov Seas. But taking control of territory rich in oil and gas is different from being able to successfully pull those energy resources from the ground.
Two Former Government Officials Tell Us What It's All About ...
Underappreciated risks to electronic bitcoin and all forms of investments and savings today, including gold, that are held electronically come in the form of modern warfare - involving as it does cyberwarfare and electromagnetic warfare. No electricity and no computer or internet access and you cannot access your savings, investments and money ...
American foreign policy is mindlessly driven by the machinery of our Warfare State - a vast accretion of economic, diplomatic, spying and military capabilities which are ceaselessly in search of missions and justifications for their colossal call on the nation’s resources. Absent a dismantlement of the Warfare State machinery, giant policy errors like the Bill Clinton’s double-cross on NATO and Obama’s foolish present confrontation with Putin are nearly guaranteed to recur.