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Wednesday, 13 June

02:26

Trump & Kim Make a Deal, 2278 The Still Report

This is a paid sponsorship by: - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill Good morning, Im still reporting on: Trump & Kim Make a Deal, 2278 Synopsis: President Trump and Kim Jong Un have signed a deal in Singapore to rid North Korea of its nukes and its future nuclear weapons capabilities through stringent inspection protocols. In return, Trump has stopped war gaming military exercises with South Korea, and pledged support for opening North Korean to the global economy a move that could slingshot the NK economy into one of the fastest-growing economies in the world. Support Our Sponsors: - Nobel Gold: Protect Your Money With Gold - Click Here- https://goo.gl/kx2yzW Or Call - 877-646-5347 - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Cerule - makers of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.StemCellintern.com -Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the Still Report, the quintessential report on the economy and Washington. Connect with Bill Still: https://www.youtube.com/user/bstill3 https://plus.google.com/u/0/+BillStill http://billstills.blogspot.in/ https://twitter.com/billstill https://www.facebook.com/TheStillReport https://www.pinterest.com/billstills/ https://www.linkedin.com/in/billstill http://billstills.tumblr.com/ https://billstills.wordpress.com/ https://www.diigo.com/profile/billstill https://www.reddit.com/user/billstills/ http://www.stumbleupon.com/stumbler/billstillss Consider becoming a Patreon sponsor: https://www.patreon.com/user?u=3204630 https://youtu.be/SYH37zaTDTE

02:24

Nunes June 12 Deadline, or Contempt , 2277 The Still Report

This is a paid sponsorship by: - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com Good morning, Im still reporting on: Nunes June 12 Deadline, or Contempt , 2277 Synopsis: House Intelligence Committee Chairman, Devin Nunes has imposed another deadline of tomorrow on the DOJ and FBI to produce long-sought documents or he will charge top officials with contempt of Congress. [insert] Just as we have said for months, Congress has to have the power that Contempt implies and it does jail and/or impeachment. According to an OpEd in the Dec. 4, 2007 edition of nothing less than the New York Times: Congress Has a Way of Making Witnesses Speak: Its Own Jail. In 1821, the Supreme Court upheld Congresss right to hold people in contempt and imprison them. Without this power, the court ruled, Congress would be exposed to every indignity and interruption, that rudeness, caprice, or even conspiracy, may mediate against it. Later, in a 1927 case arising from the Teapot Dome scandal, the court upheld the Senates arrest of the brother of a former attorney general carried out in Ohio by the deputy sergeant at arms for ignoring a subpoena to testify. So crunch time has finally arrived. The DOJ Inspector Generals report is expected on Thursday. Those accused have had it for several weeks so that the accused can try to persuade the IG to modify the charges against them. Interestingly, there have been very few leaks of this report. To me, that means that most of the upcoming news is bad news for the deep state globalists. Support Our Sponsors: - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Cerule - makers of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.StemCellintern.com -Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndic...

02:20

Jims Mailbox Jim Sinclair's Mineset

Courtesy of Dave. Jim Putin And Xi Top The G6+1June 10, 2018 . . . Strategic game-changer Meanwhile, over in Qingdao, the stunning takeaway was offered predictably by Chinese President Xi Jinping; President Putin and I both think that the China-Russia comprehensive strategic partnership is mature, firm and stable. This is a massive game-changer because... Read more

The post Jims Mailbox appeared first on Jim Sinclair's Mineset.

02:10

The Issues of Trade and Politics at the Current Stage of the US-Chinese Relations The Daily Coin

The Issues of Trade and Politics at the Current Stage of the US-Chinese Relations Author: Vladimir Terehov  Journal-NEO Separating the political and the trade and economic factors when analysing the relations between two states is artificial as such. It makes sense...

The post The Issues of Trade and Politics at the Current Stage of the US-Chinese Relations appeared first on The Daily Coin.

02:00

Why You Should NOT Hold Stocks Long Term (Video) The Daily Coin

Why You Should NOT Hold Stocks Long Term Video The Money GPS Yield Curve About To Invert, First Time Since 2007! Video Source

The post Why You Should NOT Hold Stocks Long Term (Video) appeared first on The Daily Coin.

02:00

MIB: Dollar as the Greatest Price Point God Ever Created The Big Picture

Cal Turner Jr., retired CEO of Dollar General, likes to explain how his father came up with the concept of Dollar Pricing. The City boys in Louisville and Nashville retailers would run monthly advertising for Dollar Days, where for one day a month, everything was priced at a dollar. Cal Senior figured they spent so

Read More

The post MIB: Dollar as the Greatest Price Point God Ever Created appeared first on The Big Picture.

01:50

When Will Golds Summer Doldrums End? History Says Pretty Soon The Daily Coin

When Will Golds Summer Doldrums End? History Says Pretty Soon by John Rubino Dollar Collapse This has been a uniquely boring stretch for gold and silver especially considering all the things going on in the world that ought...

The post When Will Golds Summer Doldrums End? History Says Pretty Soon appeared first on The Daily Coin.

01:50

DiGenova & Toensing Rip Gowdy & Ryan, 2276 The Still Report

This is a paid sponsorship by: - Cerule - makers of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.StemCellintern.com Good morning, Im still reporting on: DiGenova & Toensing Rip Gowdy & Ryan, 2276 Synopsis: Two days ago, in SR 2270, I mentioned that in my opinion, Trey Gowdy has turned to the Rhino Republican / Deep State / globalist cause. His turn came just before the 2016 election. Since then, his tone against the deep state coup has moderated considerably for those who have been watching closely, but it was not until his appearance on Martha MacCallums show on Tuesday, May 29th that the new Trey Gowdy was revealed in its full glory. [insert] Yesterday both former Victoria Toensing and her husband Joe diGenova took to Foxs airwaves and, on separate programs confirmed my suspicions. [insert] Support Our Sponsors: - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Cerule - makers of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.StemCellintern.com -Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the Still Report, the quintessential report on the economy and Washington. Connect with Bill Still: https://www.youtube.com/user/bstill3 https://plus.google.com/u/0/+BillStill http://billstills.blogspot.in/ https://twitter.com/billstill https://www.facebook.com/TheStillReport https://www.pinterest.com/billstills/ https://www.linkedin.com/in/billstill http://billstills.tumblr.com/ https://billstills.wordpress.com/ https://www.diigo.com/profile/billstill https://www.reddit.com/user/billstills/ http://www.stumbleupon...

01:35

Podcast: The case for worker cooperatives and economic democracy [Part II] Shareable New Articles

In the second episode of the series on worker cooperatives, the Upstream podcast builds on the conversation that started in episode one, which explored how cooperatives can serve as a force to widen the spheres of democracy in our society. The second episode shifts the focus outward, exploring how cooperatives confront global capitalism. 

01:30

The ONLY Issue That Matters! Who CONTROLS The MONEY! (Video) The Daily Coin

The ONLY Issue That Matters! Who CONTROLS The MONEY! Video Truth Never Told Video Source

The post The ONLY Issue That Matters! Who CONTROLS The MONEY! (Video) appeared first on The Daily Coin.

01:20

The Freeze For Freeze At Singapore Was A Good Step Toward PeaceThats Why The Neocons and Warhawks Are Screaming David Stockman's Contra Corner

As long as talks are ongoing the DPRK will likely hold off on further nuclear and long range missile tests. The U.S. will likely stop large scale maneuvers in and around Korea. This is the freeze for freeze which North Korea long wanted and which China and Russia actively supportedThe losers, for now, are the hawks in Japan, South Korea and Washington who tried their best to prevent this to happen. The winners are the people of Korea, Kim Jong-un and Donald Trump. Special prices go to President Moon Jae-in of South Korea and to Dennis Rodman who did their best to make this happen.

 

http://www.moonofalabama.org/2018/06/thoughts-on-the-kim-trump-photo-op-summit.html

 

 

01:10

Why Putin and Trump Will Align Against the NWO The Daily Coin

Why Putin and Trump Will Align Against the NWO by Dave Hodges The Common Sense Show Authors note: The vast majority of the facts presented in this article have been repeatedly and publicly reported. There are only a couple...

The post Why Putin and Trump Will Align Against the NWO appeared first on The Daily Coin.

01:08

Central Banks Have Crushed The MarketsNo More Proof Necessary David Stockman's Contra Corner

When in doubt, watch TV is one hell of an investment strategy. If you ever needed more proof that central banks have crushed these markets, there you have it. The belief that nothing matters other than an inconsequential rate hike some time over a year from now in euro land or whether the Fed will make the ever so bold move of raising the IOER by only 20 basis points speaks volumes. And it isnt being complimentary.

https://www.zerohedge.com/news/2018-06-12/breslow-if-you-ever-needed-proof-central-banks-have-crushed-these-markets-there-you

 

01:07

What's Wrong with the Economy: 9 Toxic Dynamics oftwominds-Charles Hugh Smith

These nine dynamics are mutually reinforcing.
Beneath the surface signals of an eternally rising stock market and expanding GDP, we all sense something is deeply, systemically wrong with the U.S. economy. These nine structural dynamics generate secondary dynamics, all of which are toxic to social mobility, sustainable prosperity, accountability and democracy:
1. The financialization of the economy, which transformed services, credit, risk and labor into commodities that could be traded globally. Financialization generates enormously asymmetric returns: those with access to low-cost credit, global markets and expertise in finance collect the lion's share of gains in income and wealth.
2. The technological transformation of the economy, which has placed a substantial scarcity premium on specific tech/managerial/communication skills and devalued ordinary labor and capital. As a result, the majority of gains in wealth and income flow to those with the scarce skills and forms of capital, leaving little for ordinary labor and capital.
...

00:50

Tips and Procedures for Self Defense with a Firearm The Daily Coin

Tips and Procedures for Self Defense with a Firearm by Chad Nabors  MD Creekmore Proper use of a firearm for self-defense is more than propping a gun up next to a nightstand, strapping on a holster or dropping a pistol into...

The post Tips and Procedures for Self Defense with a Firearm appeared first on The Daily Coin.

00:30

Thanks, Washington! The Liberation Of LibyaBefore And After The Carnage David Stockman's Contra Corner

Libyan man who took photos of himself posing at various spots across Beghazi in 2000 has revisited the same locations 18 years later to photograph life under the new NATO liberated Libya.

The before and after pics showing the utter devastation of post-Gaddafi Libya have gone viral, garnering 50,000 retweets after they were posted to an account that features historical images of Libya under Gaddafis rule between 1969 and 2011.  It appears people do still care about Libya even if the political elites in Paris, London, and Washington who destroyed the country have moved on. Though we should recall that British foreign secretary Boris Johnson was caught on tape in a private meeting last year saying Libya was ripe for UK investment, but only after Libyans clear the dead bodies away.  

 

 

https://www.zerohedge.com/news/2018-06-12/libya-and-after-photos-go-viral

 

00:30

The Battle for Sound and Honest Money Must Go On (Video) The Daily Coin

The Battle for Sound and Honest Money Must Go On Video maneco64 In this report I cover the early market action from London on Tuesday, May 13th, 2018. I also talk about the why we need to keep fighting...

The post The Battle for Sound and Honest Money Must Go On (Video) appeared first on The Daily Coin.

00:29

China, Russia praise US-N Korea Summit The BRICS Post

Trump agreed with Kim that there were road bumps on the path to the summit, but that these were overcome

China, which has played a key role in bridging the gap between Pyongyang and Washington and has been praised by the White House for its efforts, on Tuesday praised the achievements of the Singapore summit between President Donald Trump and North Korean leader Kim Jong-un.

The two leaders met at 9am Tuesday in what many described as a historic summit effectively ending a 63-year state of war between North Korea and the US.

The two issued a joint statement which spoke to the establishment of new relations between the two countries and bringing peace to the Korean Peninsula.

Reaffirming the April 27, 2018 Panmunjom Declaration [between North and South Korea], the DPRK commits to work toward complete denuclearization of the Korean Peninsula, the statement said.

It was not easy getting here, Kim told reporters, as he outlined the obstacles in the past few weeks which had for a time put the summit in question.

But we overcame all of them and we are here today, he added.

Thats true, said Trump, before shaking Kims hand again and giving him a thumbs up.

The summit concluded with the signing of a joint document.

On behalf of Chairman Kim and myself, we are very honored to have signed this document, said Trump.

The world will see significant change, Kim said.

Trump later said that denuclearization in North Korea a key US demand to even partake in the summit would begin quickly. The document also mentioned that the US would provide undisclosed security guarantees to North Korea.

The North Koreans have always said that joint South Korean-US military drills, held annually since the late 1950s, were considered belligerent and tantamount to preparing for war.

During his talk with reporters, Trump said the war games expensive and provocative, appearing to indicate that he may move to postpone or cancel them if post-summit developments prove fruitful.

Trump indicated there may be another summit in the following months.

Meanwhile, Russian President Vladimir Putin had called Trump courageous and mature for meeting with Kim in Singapore. He also lauded the North Korean leadership for taking unprecedented steps towards easing tensions.

The BRICS Pos...

00:26

Why The Fed Is LostAnd Incompetent, Too David Stockman's Contra Corner

This IOER rate was meant, not thought, meant to put a floor under EFF that the FOMC could then control. It never worked. The reason it continuously failed was simple central bankers dont understand the modern monetary market. Their biggest blindspots were and remain offshore vs. onshore dollars as well as dollar vs. dollar. These are not trivial distinctions.

The QE regime rather further established beyond all doubts what was proposed and proved during the crisis. There is no money in monetary policy; global money resides, and behaves, elsewhere.

 

http://davidstockmanscontracorner.com/?p=186899&preview_id=186899&preview_nonce=b0219de85b&preview=true

 

 

00:10

Instead of simply a quarter point rate hike this week by the Fed, they better look at whole numbers instead since inflation is back that of 1979 The Daily Coin

Instead of simply a quarter point rate hike this week by the Fed, they better look at whole numbers instead since inflation is back that of 1979 by Ken Schortgen, Jr. The Daily Economist One of the primary reasons why...

The post Instead of simply a quarter point rate hike this week by the Fed, they better look at whole numbers instead since inflation is back that of 1979 appeared first on The Daily Coin.

00:00

SOMETHING VERY STRANGE IS HAPPENING IN TUCSON [watch to the end] (Video) The Daily Coin

SOMETHING VERY STRANGE IS HAPPENING IN TUCSON [watch to the end] Video SGTReport There is something very strange happening in Tucson. Is it a hoax, a cover up, a whitewash, a set up or is it just the...

The post SOMETHING VERY STRANGE IS HAPPENING IN TUCSON [watch to the end] (Video) appeared first on The Daily Coin.

00:00

Art Hill: Market Internals Support Further Gains, Dollar Uptrend Likely to Continue Financial Sense

By FS Staff When we look at the S&P 500 specific advance-decline line, it hit a new high already (last) week and that tells you that there's good internal strength in the index, Hill said. I would expect it also to move to a new high in the coming weeks...

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Tuesday, 12 June

23:59

Women are leading the charge of Britains impressive employment record Resolution Foundation

Another set of labour market statistics, another round of mixed news. On pay, its the all-too-familiar problem of sluggish wage pay growth, with average weekly earnings still 15 below their pre-financial crisis peak (in real terms). On jobs, its another familiar tale, but a much more positive one alongside overall record employment rates, the latest figures show that female unemployment has fallen to its lowest level in decades (with female employment also at a record high).

The rate of employment among working-age women is now around 75 per cent in parts of the South of England. That said, theres still significant regional differences in womens employment, with the rate in Northern Ireland around 10 percentage points behind the South West.

Despite continued regional differences in womens employment (and employment overall), there are encouraging signs that the regional gap may be narrowing, albeit slowly. Womens employment growth is above the UK average in five of the eight regions where the employment rate is below average, with the strongest annual growth in womens employment occurring in London and the North East.

There used to be a substantial difference both in the rates and trends in employment between working-age men and women. Over the past quarter of a century that difference has narrowed, though it remains the case that the proportion of men in employment remains higher than the proportion of women. The narrowing of the gap is all the more impressive when you consider that male employment is itself at its highest level since the early 1990s.

...

23:55

Who Says Labor Laws Are Luxuries? naked capitalism

The World Bank and IMF say developing economies cant afford to have strong labor laws. Actually, they cant afford not to.

23:50

Spectacular PCGS-Certified Morgans Command Record Prices in Sothebys Auction The Daily Coin

Spectacular PCGS-Certified Morgans Command Record Prices in Sothebys Auction from PCGS The recent Sothebys Historic Coins and Medals Auction in New York set new price records with Morgan silver dollars certified by Professional Coin Grading Service (www.PCGS.com) for authenticity and...

The post Spectacular PCGS-Certified Morgans Command Record Prices in Sothebys Auction appeared first on The Daily Coin.

23:48

Theres an easy way for national governments to help cities act on climate changegive them data Eco-Business

It's been said that you can't manage what you don't measure. Could an emission inventory, which identifies how much carbon is emitted and where from, be the tool that cities need to take action on climate change?

23:39

Central Banks: A Short History Of Their Ever Rising Power David Stockman's Contra Corner

Until the early twentieth century, the purpose of central banks was to stabilize and control the value of the currency. When currency was backed by gold, that was reasonably easy to do. The amount of money placed into circulation was limited to the amount of gold held in reserve. By the early twentieth century, however, countries, including the U.S. shifted away from a gold-backed currency to fiat money. This changed the functions of central banks from stabilizing currency to actively affecting global economic decisions.

http://www.goldtelegraph.com/the-history-and-rising-power-of-central-banks/

 

23:10

Sovereign Money Referendum: A Swiss Awakening to Fractional-Reserve Banking? The Daily Coin

Sovereign Money Referendum: A Swiss Awakening to Fractional-Reserve Banking? by Ronan Manly Bullion Star On Sunday 10 June 2018, Switzerlands electorate voted on a referendum calling for the countrys commercial banks to be banned from creating money. In a...

The post Sovereign Money Referendum: A Swiss Awakening to Fractional-Reserve Banking? appeared first on The Daily Coin.

23:00

Transcript: Dollar General, Cal Turner Jr. The Big Picture

The transcript from this weeks MIB: Cal Turner Jr., CEO of Dollar General is below. You can stream/download the full conversation, including the podcast extras on iTunes, Bloomberg, Overcast, and Stitcher. Our earlier podcasts can all be found on iTunes, Stitcher, Overcast, and Bloomberg. ~~~ Masters in Business sponsored by Harvard Business School Executive Education offering four comprehensive leadership programs that transfer rising executives

Read More

The post Transcript: Dollar General, Cal Turner Jr. appeared first on The Big Picture.

22:50

$400 FORECAST FOR GOLD IS WRONG. Gold Is Heading Up Much Higher The Daily Coin

$400 FORECAST FOR GOLD IS WRONG. Gold Is Heading Up Much Higher by Steve St. Angelo SRSrocco Report Harry Dent has been making the rounds suggesting that for gold to get back to its pre-bubble price, it would need...

The post $400 FORECAST FOR GOLD IS WRONG. Gold Is Heading Up Much Higher appeared first on The Daily Coin.

22:47

Why the Civilized World Breaking Up With America Was Inevitable Stories by umair haque on Medium

Or, Why Americas Old Friends Are its New Enemies, and its Old Enemies Are its New Friends

It couldnt go on forever. America was bound to break up with the civilized world sooner or laterand form a new set of alliances with poorer, less enlightened, more authoritarian, less democratic countries. Suremaking pals with North Korea is scraping the bottom of the barrelbut a great global realignment, with America nearer the bottom, not at the top, was as inevitable as the Titanic sinking after it hit the iceberg

Heres why.

America and its peers have long been on vastly different paths. The rest of the rich world embraced modernity fiercely and proudlyit wrote expansive, broad, supportive social contracts, providing citizens with everything from healthcare to education to finance to media. It expanded basic rights, like childcare, elderly care, maternity leave, collective bargaining, and pensions. It began to understand that people should enjoy better and better lives, as society got wealthier, by society investing more of that wealth in them. But America alone refusedabsolutely and flatlyto join modernity in applying this great and beautiful discovery, which was one of humanitys greatest insights yet, the key to lasting prosperity.

What did it do instead? Well, it went in precisely the opposite directionaway from modernity, and backwards in history. At the very time the rest of the rich world was doing all the above, from the 1970s onwards, America was beginning to undo those very things. It slashed every kind of social investment. It cut all its safety nets. It took what little security and stability people had once enjoyed away. It let hedge funds raid pensions and jobs become things without benefits. It began privatizing everything from water to energy to education. It went so extreme, in fact, that it is now at the point of closing hospitals and schools. Have you ever heard of a society whose population is still growing shuttering hospitals? Does that make the slightest bit of sense to you?

So. America, on one patha backwards one, which well explore more in a moment. Europe, Canada, Australia, the rich world, on the precise opposite onemoving forwards into modernity, investing more of the wealth of rich nations in the basics of good lives, expanding and strengthening the ideas of rights, of fairness, of dignity, of opportunity, of possibility, while America was doing exactly the opposite, just as furiously, angrily, bitterly. Do you begin to see the tension? How impossible it was going to be for these two models of political economy to go on being friends, allies, and partners?

Now lets sharpen all that.

Nations of a feather flock together. Thats a trite way to put an oft overlooked truth of global order: nations with similar political economies tend to form las...

22:46

The North Korean summit and deal Marginal REVOLUTION

Many of you have asked what I think, so here goes:

1. There is a secret (and unenforceable) deal beneath what is reported.  You may think this is good or bad, but for heavens sake dont just be judging the press release.

2. If they didnt actually agree to anything, that is fine.

3. I am reading so much yelping about how Trump legitimized Kim.  The status quo ex ante simply was terrible, and there is no reason to think this change is for the worse.  Trumps great virtue in this regard was simply to be some mix of ignorant/disrespectful of the prior expert consensus and approach the problem afresh with a rather direct transactional and person-centered, personality-centered mentality.

4. As I tweeted: Isnt the whole point of the deal just to make them go visit Singapore? The real spectacle is not always where you are looking. And I hope someone brought them to the right chili crab place.

The goal is to show the North Korean leadership there is a better way than playing the Nuclear Hermit Kingdom game.  We wont know for some time whether this has succeeded.  Here is good FT coverage on this point.  There are in fact numerous signs that the North Koreans are considering serious reforms.  Of course those could be a feint, but the probabilities are rising in a favorable direction.  Economic cooperation with South Korea is increasing at an astonishing pace.

6. No, North Korea isnt giving up its nuclear weapons.  The more important question is to what extent they will use those weapons in the future to check China.

7. How is it that Dennis Rodman played in only two All-Star games?

8. In expected value terms, this is the biggest triumph of the Trump presidency.  Most of all, however, you should be agnostic.  The negative commentary I am seeing is mostly sour grapes, misplaced frustration, and it is weak in the quality of its argumentation.  Here is one of Trumps better tweets.

The post The North Korean summit and deal appeared first on...

22:30

Kim Jong Un / Trump Meeting: What We Know So Far The Daily Coin

Kim Jong Un / Trump Meeting: What We Know So Far from Fox News Steyn: Kim-Trump meeting is upside down summit Gorka on agreement signed between Trump and Kim Kim Jong Un commits to complete denuclearization In document signed by...

The post Kim Jong Un / Trump Meeting: What We Know So Far appeared first on The Daily Coin.

22:10

War On Cryptocurrencies: Wells Fargo, J.P. Morgan Chase, Bank of America, Citigroup And Capital One Have Banned Their Customers From Buying Bitcoin With Credit Cards The Daily Coin

War On Cryptocurrencies: Wells Fargo, J.P. Morgan Chase, Bank of America, Citigroup And Capital One Have Banned Their Customers From Buying Bitcoin With Credit Cards by Michael Snyder The Economic Collapse Blog TDC Note Just so were clear....

The post War On Cryptocurrencies: Wells Fargo, J.P. Morgan Chase, Bank of America, Citigroup And Capital One Have Banned Their Customers From Buying Bitcoin With Credit Cards appeared first on The Daily Coin.

22:04

10 Tuesday AM Reads The Big Picture

My Two-for-Tuesday morning train reads:  Pivot to traditional: Direct-to-consumer brands sour on Facebook ads (Digiday)  Is the U.S. Due For a Recession? (A Wealth of Common Sense)  Web of elite Russians met with NRA execs during 2016 campaign (McClatchy DC) see also Arron Banks met Russian officials multiple times before Brexit vote (The Guardian)  Why a Decline

Read More

The post 10 Tuesday AM Reads appeared first on The Big Picture.

22:00

John Rubino: Foundations of DOLLAR SYSTEM To Collapse Under WEIGHT! (Video) The Daily Coin

John Rubino: Foundations of DOLLAR SYSTEM To Collapse Under WEIGHT! Video Wealth Portfolio Global Video Source

The post John Rubino: Foundations of DOLLAR SYSTEM To Collapse Under WEIGHT! (Video) appeared first on The Daily Coin.

21:50

Texas Bullion Depository Now Open The Daily Coin

Texas Bullion Depository Now Open Sets the Stage to Challenge Federal Governments Monopoly on Money by Michael Maharrey Tenth Amendment Center TDC Note I completely disagree with these coming out and saying this bullion depository is somehow...

The post Texas Bullion Depository Now Open appeared first on The Daily Coin.

21:33

Trump Regime Heaping Shame Upon America PaulCraigRoberts.org

Trump Regime Heaping Shame Upon America

This report is interesting not only for the inhumanity of the Trump regime that it reveals but also for demonstrating the powerlessness of a US Senator who can be prevented from entering a child detention center by low level prison guards and by showing that the guards and detention warden who are doing the work of seperating children from parents are themselves Hispanics. Washington has Hispanics turned against themselves.

http://www.informationclearinghouse.info/49601.htm

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21:30

Tariffs Did Not Cause U.S. Trade Deficits (Video) The Daily Coin

Tariffs Did Not Cause U.S. Trade Deficits Video Peter Schiff Video Source

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21:24

The Importance of Institutions Marginal REVOLUTION

In honor of President Trumps meeting with Supreme Leader Kim Jong Un its time to reup The Importance of Institutions:

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21:10

Israeli Special Forces Train White South African Farmers To Ward Off Violent Attacks The Daily Coin

Israeli Special Forces Train White South African Farmers To Ward Off Violent Attacks by Mac Slavo SHTFPlan White South African farmers are now being trained by Israeli Special Forces.  The farmers are preparing to use force to defend themselves...

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21:00

Australian commercial fish populations drop by a third over 10 years Eco-Business

Large fish species are rapidly declining around Australia due to excessive fishing pressure. Will rolling out more no-fishing marine reserves work?

20:45

Silvers Not-so-subtle Outperformance The Daily Coin

Silvers Not-so-subtle Outperformance by PRZEMYSAW RADOMSKI, CFA Sunshine Profits Silver soared recently and white metals rally was accompanied by a huge volume. Those who are new to the precious metals market will probably immediately view this as bullish as...

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20:37

Trump And Kim Sign Comprehensive Letter To End Historic Summit, Agree To Follow-On Negotiations The Daily Coin

Trump And Kim Sign Comprehensive Letter To End Historic Summit, Agree To Follow-On Negotiations from ZeroHedge Donald Trump and North Korean Leader Kim Jong Un signed what the US president described as a very important, comprehensive document following the conclusion...

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20:30

China eyes role as worlds power supplier The Big Picture

click for ginormous graphic Source: Financial Times   FT: All of this fits in with Beijings goals of expansion and being a global standard setter, says Erica Downs, an expert on China and energy at Columbia University. It is also linked to Chinas intention to become an advanced industrial superpower. There is a big prestige

Read More

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20:16

20:15

Crypto Into Silver! (Video) The Daily Coin

Crypto Into Silver! Video Truth Never Told Video Source

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19:45

Fed Policy Just Slammed Into a BRIC Wall The Daily Coin

Fed Policy Just Slammed Into a BRIC Wall by Graham Summers Gains Pains Capital The Feds plan of withdrawing $1 trillion in liquidity this year via QT has slammed into a BRIC wall. Year to date, the Fed has...

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19:19

Debt Rattle June 12 2018 The Automatic Earth

Henri Matisse The pink studio 1911   Trump And Kim Sign Comprehensive Letter To End Historic Summit (ZH) Dennis Rodman Cries As He Hails Trump-Kim Summit: Im So Happy (G.) Trump, Kim Meet, But Body Language Shows Some Nerves (R.) IMFs Lagarde Says Global Economic Outlook Darkening By The Day (R.)

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19:15

Major Event World Wide, Stay Vigilant, Follow The White Rabbit (Video) The Daily Coin

Major Event World Wide, Stay Vigilant, Follow The White Rabbit Video X22 Report Italy says they are no longer taking refugees, shipping them to Malta. Kim Jong Un and Trump are getting ready to meet in Singapore for the...

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18:52

India eyes unexploited coal reserves in Indonesian Papua Eco-Business

Rights activists fear risk to environment and indigenous communities as India negotiates details of coal mining project in Indonesian Papua.

18:45

Doug Casey on Why He Lives in Uruguay The Daily Coin

Doug Casey on Why He Lives in Uruguay by Justin Spittler Casey Research Justins note: Why Uruguay? My friend asked me this question a couple of weeks ago after I said I was going to visit Doug Casey at...

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18:15

PsstDont tell anyone but China has the worlds biggest economy (Podcast) The Daily Coin

PsstDont tell anyone but China has the worlds biggest economy Podcast Jeff J Brown China Rising Is Western media lying, by saying the US is still Mr. Big and China has years to catch up? No, its just...

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17:45

The real opportunities in cryptocurrency arent cryptocurrencies The Daily Coin

The real opportunities in cryptocurrency arent cryptocurrencies by Simon Black Sovereign Man Hallelujah. After almost a decade since Bitcoin was created, the SEC announced last week the creation of a new, senior position to coordinate the agencys cryptocurrency and...

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17:15

Trump Tweets from Singapore (Video) The Daily Coin

Trump Tweets from Singapore Video American Intelligence Media Betsy and Thomas follow Trump Tweets to Singapore where world peace may soon be realized. Read along and look at bonus items here: https://truthbits.blog/2018/06/11/tru Bypass YouTube altogether and follow www.truthbits.blog to...

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16:58

Climate change could heighten risk of global food production shocks Eco-Business

Climate change will heighten the risk of production shocks across the worlds biggest crop producers, a new research finds.

16:45

Where There is No Doctor a Village Health Care Book The Daily Coin

Where There is No Doctor a Village Health Care Book BY JESSE MATHEWSON for MD Creekmore TDC Note If youre not familiar with this line of books this article is for you. Invaluable information for healing and saving lives. #### Some...

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16:15

Ed Steer: JP Morgan & Silver: The Price Management Scheme Continues (Video) The Daily Coin

Ed Steer: JP Morgan & Silver: The Price Management Scheme Continues Video Cambridge House JP Morgan & Silver: The price management scheme continues. Watch as Ed Steer (Gold and Silver Digest) outlines the state of the precious metal markets...

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15:23

Washington Metro Qatar markets in everything Marginal REVOLUTION

Metro significantly relaxed its policies on extended hours for the Washington Capitals run to the Stanley Cup Final, including extending service for Thursday nights series win without ever planning for any cash to change hands, WTOP has learned.

Since last summer, Metro has required a $100,000 deposit for each additional hour of service, and Metro suggested Wednesday that the Capitals parent company, Monumental Sports and Entertainment, would cover those costs for Thursday nights game.

In fact, Thursday nights extended service was part of a trade between the Caps and Metro that Metro valued at $100,000, Metro spokesman Dan Stessel said in an email

Revised requirements issued last year normally call for the $100,000 deposit two weeks ahead of an event for each extra hour of service. Instead, Metro is billing each of the other groups that agreed to pay for the extended service for Capitals playoff games after the fact, Stessel said

The bills being sent to those other groups Qatar (via the Downtown BID), Comcast and Uber will already include the discount for any fares paid during extended hours of service.

Here is the bizarre story, via Bruce Arthur.  For those of you who dont get the joke, the D.C. Metro system shuts down too early relative to when many sporting events are likely to end.

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14:45

From the comments, Vitalik Buterin Marginal REVOLUTION

Analyst

June 11, 2018 at 9:05 am |

1. In retrospect, was it a good decision to have ethereum bytecodes executed on every single mining node? And if not, would he have selected sharding and plasma or a different solution?

2. How confident is he that transitioning to proof-of-stake will be successful? What are the risks of proof-of-stake?

Ill answer this one here in detail because its probably too technical for it to be valuable to put a good answer into a Conversation with Tyler.

> 1. In retrospect, was it a good decision to have ethereum bytecodes executed on every single mining node? And if not, would he have selected sharding and plasma or a different solution?

Ultimately the answer is, yes given the knowledge we had at the time, no given what we know today. If I was doing Ethereum back then with the knowledge that I have today, I would obviously shoot straight for exactly the design that the research team is shooting for today (Casper PoS, sharding), and I would have actively encouraged developers to work on state channels and Plasma from day 1. Layer 1 scaling (sharding) and layer 2 scaling (state channels and Plasma) are complementary; gains from the two are multiplicative with each other, so its not a matter of A vs B, its A and B.

Ultimately, for a distributed validation system to work, you need to satisfy two properties:

1. There are enough (randomly sampled) nodes on average validating any given piece of data that invalid data will under no circumstances get through.
2. There are mechanisms that can ensure that if bad data *does* get through (eg. because of a 51% attack), then clients can detect this. In a sharded system, there is obviously too much data for clients to verify directly, but there are indirect approaches that can be used that can give equivalent assurances with some additional security assumptions (STARKs, fraud proofs, data availability proofs)

> 2. How confident is he that transitioning to proof-of-stake will be successful? What are the risks of proof-of-stake?

Close to 100% confident that proof of stake is possible in principle; many chains are using (crappy versions of) it already. Theres obviously the question of how strong properties we can achieve with PoS though, and there are some edges of that that are still being worked out. The main risks that I see are (i) weird game-theoretic atta...

14:42

FIFA ups its sustainability game Eco-Business

The governing body of world football updates its sustainability policy for the world cup by including changing certain norms for green stadiums, waste management and recycling.

13:50

A.I. And The Rise Of Demon Possessed Machines Coincides With Humanitys Descent Into The Abyss The Daily Coin

A.I. And The Rise Of Demon Possessed Machines Coincides With Humanitys Descent Into The Abyss And The Fall Of Western Values And Civilization By Stefan Stanford All News Pipeline In the much-too-close-to-reality TV show Person Of Interest, two artificially intelligent...

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13:10

Gold May Surprise To The Upside Soon The Daily Coin

Gold May Surprise To The Upside Soon by Dave Kranzler Investment Research Dynamics The market sentiment toward the precious metals is quite negative.  Additionally, gold and silver are fighting both the ongoing official price-management, which seems to have intensified...

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13:07

China And Russia On Gold: The Quiet Revolution Political Vel Craft

There is a quiet revolution taking place in the monetary vacuum thats developing on the back of the erosion of the dollars hegemony. It is perhaps too early to call whats happening to the dollar the beginning of its demise as the worlds reserve currency, but there is certainly a move away from it inContinue reading "China And Russia On Gold: The Quiet Revolution"

13:00

IMF, The Global Economic Outlook Is Getting Darker And Darker (Video) The Daily Coin

IMF, The Global Economic Outlook Is Getting Darker And Darker Video X22 Report The crypto exchanges were hacked, this is not as bad as it seems, the exchange was small and this is a centralized exchange system just like...

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12:50

North Korean Summit: Trump Shuts All The Doors Of The Building He Set Fire To The Daily Coin

North Korean Summit: Trump Shuts All The Doors Of The Building He Set Fire To Author: Seth Ferris  Journal-NEO Does Donald Trump read New Eastern Outlook? You would not think so, but whatever we say about his relationship with North Korea...

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12:30

John Rubino Pimping the US Economy (Video) The Daily Coin

John Rubino Pimping the US Economy Video FSNGoldandSilver Theres a established pimp running for the Nevada legislature, but Wall Street has been pimping itself out for years. Just look at the array of so-called financial products that can...

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12:10

James Turk Says Massive Silver Base May Finally Be Ready To Explode Higher The Daily Coin

James Turk Says Massive Silver Base May Finally Be Ready To Explode Higher from King World News With the price of silver near $17, today James Turk told King World News that the massive silver base may be preparing to...

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11:51

Putin / Xi Transgress Russia / China The Daily Coin

Putin / Xi Transgress Russia / China by Rory The Daily Coin Just so we are clear on the use of the word transgress. According to Merriam-Webster transgress means to go beyond a boundary or limit. So, the way I...

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11:50

Oman Is A Key Regional Partner In The Belt And Road Initiative The Daily Coin

Oman Is A Key Regional Partner In The Belt And Road Initiative by London Paul  Rogue Money From Omans perspective the logistics and infrastructure sectors are critical components in allowing them to become a hub with the capacity to link several...

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11:48

Trump, Kim Disappoint Haters & Losers With Historic Handshake The Daily Coin

Trump, Kim Disappoint Haters & Losers With Historic Handshake from ZeroHedge The world is crossing its fingers (even Maxine Waters) The Handshake And sure enough, just an hour before the historic meeting, the House Democrats chimed in with Nancy Pelosi...

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11:30

Thank You! #FreeTommy London 2018 (Video) The Daily Coin

Thank You! #FreeTommy London 2018 Video Video Source

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11:10

These foods KILL cancer cells better than chemotherapy The Daily Coin

These foods KILL cancer cells better than chemotherapy by: Isabelle Z.  Natural News Cancer remains one of the trickiest medical conditions to treat, with no clear solution or completely effective treatment. Because it strikes so many people, it has also been...

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11:00

Judicial Watch STONEWALLED in Unraveling Obama/DOJ/Clinton Collusion (Videos) The Daily Coin

Judicial Watch STONEWALLED in Unraveling Obama/DOJ/Clinton Collusion Videos Piece by piece Judicial Watch is dismantling the Rube Goldberg conspiracy to take down a president. At every step the Justice Department is putting up roadblocks, an indication that the Deep State...

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10:50

CFR ADMITS ALL GOVERNMENTS USE PROPAGANDA TO CONTROL THE NARRATIVE TO ENSLAVE THEIR OWN POPULATIONS The Daily Coin

CFR ADMITS ALL GOVERNMENTS USE PROPAGANDA TO CONTROL THE NARRATIVE TO ENSLAVE THEIR OWN POPULATIONS from The Daily Sheeple Speaking before an audience during an event held by the Council on Foreign Relations, Richard Stengel, a former high-level U.S. government...

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10:47

The MSM Goes Berserk Over Trump/Kim SummitBut Big Macs & Chicken Buckets Cant Be Any Worse Than 65 Years Of Pointless Hostility David Stockman's Contra Corner

And now its off to Singapore for a championship bout with the opponent known as Little Rocket Man. Theres an odd expectation that these two avatars of unreality will settle the hash that has been simmering for sixty years between the divided Korea and the USA. Mr. Trump will make a deal to turn North Korea into a golfers paradise and Mr. Kim will promise to beat his nuclear arsenal into nine irons and putters. And then theyll celebrate on Air Force One with bags of Big Macs and Buckets oChicken. (Let the aides and advisors fight over the Singapore Noodles and squid beaks in garlic sauce.)

 

http://davidstockmanscontracorner.com/?p=186888&preview_id=186888&preview_nonce=fc603b3283&preview=true

10:30

Napolitano: Trump should not sit down with Mueller (Video) The Daily Coin

Napolitano: Trump should not sit down with Mueller Video Fox News The Fox News senior judicial analyst says the president should avoid any potential legal consequences in the Russia investigation. Video Source

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10:11

RMR: Special Guest Rory Hall The Daily Coin (Video) The Daily Coin

RMR: Special Guest Rory Hall The Daily Coin Video V and CJ at Rogue Money invited me on their show to discuss who controls the narrative. As George Orwell wrote in 1984 he who controls the past controls...

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10:10

Silver Outperforms Gold with Five Straight Days of Gains The Daily Coin

Silver Outperforms Gold with Five Straight Days of Gains by Frank Holmes Silver Seek Strengths The best performing metal this week was silver, up 2.24 percent. A majority of gold traders were either bullish or neutral on bullion this...

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09:50

GOLD THE ONLY MONEY THAT CANT BE DEBASED The Daily Coin

GOLD THE ONLY MONEY THAT CANT BE DEBASED by Egon von Greyerz GoldBroker In 1980, global assets, including property, were less than $20 trillion. Today almost 40 years later they have grown to $524 trillion. That is a...

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09:26

Images 10/6/18 Follow The Money

postcard perfect..

...

09:22

Malaysias central bank governor tenders resignation Follow The Money

https://www.channelnewsasia.com/news/asia/malaysia-s-central-bank-governor-tenders-resignation-pm-mahathir-10396770

Malaysias central bank governor Muhammad Ibrahim has submitted his resignation, said Prime Minister Mahathir Mohamad on Wednesday (Jun 6).

It was reported on Tuesday that Malaysia was discussing the exit terms of the Bank Negara governor, who had finished less than half of the five-year term he began in May 2016.

No decision has been made yet on a successor, but two sources told Reuters on Tuesday that former deputy central bank governor Nor Shamsiah Mohd Yunus, who left the bank when her term ended in November 2016, was among candidates being considered.

We have not decided on his successor because we need to have the approval of the Agong before we can announce, Dr Mahathir told a news conference after the weekly Cabinet...

09:19

Passing the brumby bill is a backward step for environmental protection in Australia Eco-Business

Conflict of interest accusation stirs controversy in New South Wales' new "brumby bill". The question raised: Will this bill protect feral horses, or favour a former politician who is reining in profits by keeping them in a national park?

09:10

In The Western World Truth Is An Endangered Species: Come To Its Support The Daily Coin

In The Western World Truth Is An Endangered Species: Come To Its Support TDC Note Make a donation today to help keep truth flowing from a great patriot. click here now to donate Paul Craig Roberts Nowhere in...

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09:00

16,000 Deep Stored Morgan Silver Dollars To Be Graded & Sold (Video) The Daily Coin

16,000 Deep Stored Morgan Silver Dollars To Be Graded & Sold Video salivate Metal Video Source

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08:50

The Flight Helmet Inflation Index The Daily Coin

The Flight Helmet Inflation Index Miles Franklin sponsored this article. In 1945 a P-51 aircraft cost $50,984, according to Wikipedia. The cost of the pilots helmet estimatedwas about $225, or about 0.45% of the cost of the aircraft. Times have...

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08:30

The Trillionaire Conspiracy (Video) The Daily Coin

The Trillionaire Conspiracy Video Truth Never Told Video Source

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08:29

C-Suite Scam: Stock Buyback Announcements And Insider Stock Sales David Stockman's Contra Corner

In fact, twice as many companies have insiders selling in the eight days after a buyback announcement as sell on an ordinary day. So right after the company tells the market that the stock is cheap, executives overwhelmingly decide to sell, explained SEC Commissioner Robert Jackson Jr. appointed by President Trump and sworn in earlier this year in a speech today. He went on:

 

 

https://wolfstreet.com/2018/06/11/sec-frets-about-share-buybacks-torrent-of-corporate-trading-dominating-todays-market-and-short-term-financial-engineering/

08:11

The Useful Idiots of American Collapse Stories by umair haque on Medium

The Fairy Tale Theory of Functioning Societies

When you look at American collapse, what do you see? Do you see an odious President? Do you see a supine Congress? Or do you see something deeper, something harder to pin down: collapsing institutions, norms, values, a perverse sense of morality, a lost concept of the public interest?

I ask for a reason, which Ill shortly make clear. I saw two very funny tweets in parallel today, from two people who always make me chuckle. GOP strategist Steve Schmidt and GOP media operative Rick Wilson. Rick suddenly wanted human rights, and Steve said something like: but this is becoming an illiberal society! So both said something to the effect of: we want truth, we want justice, we want fairness again!! What has happened to us?!!

LOL. Hold on a second, my friends. What happened to us? Here we have a GOP strategist and a media operative begging fortextbook liberal values. Forcan you believe it?liberalism itself. But their careers have been devoted wholesale, more or less, Id guess, to eroding and corroding just those values. Maybe producing ads that label decency and tolerance as crimes, strategies to disenfranchise voters and gerrymander states, and so on.

Now, perhaps theyre the good guys among the bad oneswho knows? My goal isnt scoring political points, as well see shortly, but simply what you might call a tiny lesson in a kind of basic Kantian moral logic: if you yourself are the one who has spent a lifetime destroying the very idea, possibility, chance, of a functioning societyis it really a dignified, sensible, or reasonable thing to then beg for one, like a pauper? Do unto others, rememberbut werent you yourself the engine of the very destruction and ruin youre now begging to be saved from, too? So isnt a little self-examination in order? Lets be honest, fair, and frank: wasnt building an illiberal society precisely the explicit mission and ideological crusade of decades of American conservative thought, which demonized everyone from women to gays to immigrants to minorities to Jews, to the extreme point of refusing to even invest in the most basic fundamentals, like hospitals and schools?

And that brings me back to these poor guys, these dunderheads of modernity, the Ricks and Steves, now, at this late hour, pleading so desperately for human rights, for liberalism itself, for truth, freedom, and justice, which is exactly what the ideology they devoted their lives to fought againstand won. But lets not be unkind. If truth, freedom, and justice are the things that they reallygenuinelywant in society, then how are they to go about producing them? Do they arise simply...

08:10

The Great Divide In America: Theres No Discussion: Youre An Idiot The Daily Coin

The Great Divide In America: Theres No Discussion: Youre An Idiot by Ken Jorgustin Modern Survival Blog Have you noticed? Theres a Great Divide in America, perhaps as extreme as it has been since Civil War I. Theres little...

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08:06

My take on why Singapore works so well Marginal REVOLUTION

That is the topic of my new Bloomberg column, of course I am considering only one small piece of a larger puzzle.  Here is one bit:

I view the development of Singaporean civil service culture as one of the worlds great managerial and political success stories of the last 50 years, though it remains understudied and underdiscussed in the West.

Singapore also mixes many of the virtues of both small and big government. The high quality of the civil service means the country gets good government, which pleases many liberals and progressives. The high quality of the decision-making means Singapore often looks to market incentives congestion pricing for the roads is one example of many which pleases conservatives and libertarians

Is Singapore a small government or a big government country? The correct answer is both. Government spending is about 17 percent of GDP, which makes it look small and helps hold down taxes, which is good for business and productivity. (And there are no additional state and local governments.) But if you look at stocks rather than flows, the government owns shares in many critical Singapore businesses, plus it de facto controls lucrative sovereign wealth funds. The government claims ownership of the land, although it allows for active markets for transferring rights of use. All of these resources give the government the ability and credibility to get things done.

I even take on the chewing gum caricaturedo read the whole thing.

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08:00

John Oliver on Guardianship The Big Picture

Its alarmingly easy for a total stranger to gain total control over the life of a senior citizen. We enlisted a group of celebrities to offer a warning about predatory behaviorin a legal guardian or a hippo.   Guardianship: Last Week Tonight with John Oliver Source: HBO  

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07:57

Post Market Wrap Up PLUS! Important Updates (video) The Daily Coin

Post Market Wrap Up PLUS! Important Updates Video Gregory Mannarino Video Source

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07:50

Why are gold/silver premiums SO darn low right now? The Daily Coin

Why are gold/silver premiums SO darn low right now? by: Clint Siegner Money Metals The bullion markets have undergone a shift in recent months. Prices may be range-bound, but there has been a transition from a sellers market to...

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07:45

Out of This World Portal Appears in Sky during Electrical Storm Something is Watching It! The Event Chronicle

June 8, 2018: A video a surfaced of a very unusual electrical storm from Gulf Shores, Alabama by Nicholas who witnessed this spectacular event. In the video you can CLEARLY see a craft observing the what looks like a portal. Thanks for watching https://www.mrmbb333.com

Special Thanks to NicholasThank you Nicholas, MrMBB333

07:30

JW: UPDATESCOTUS Upholds Ohio Voter Roll Policy (Video) The Daily Coin

JW: UPDATESCOTUS Upholds Ohio Voter Roll Policy Video Video Source

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07:10

Putin and Xi Top the Shambolic G6+1 The Daily Coin

Putin and Xi Top the Shambolic G6+1 by By Pepe Escobar Russia-Insider East vs. West: the contrast between the dueling summits this weekend was something for the history books. All hell broke loose at the G6+1, otherwise known as...

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06:56

06:50

What Will Kill the American Empire The Daily Coin

What Will Kill the American Empire by Bill Bonner Bonner and Partners All earthly empires die. Is this the end? Only God knows. St. Augustine, 413 AD POITOU, FRANCE Yesterday, in advance of the G7 pow-wow this...

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06:30

Second Wave of Financial Crisis Coming Closer as EXACT Patterns of 2007 Appear! (Video) The Daily Coin

Second Wave of Financial Crisis Coming Closer as EXACT Patterns of 2007 Appear! Video The Money GPS Video Source

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06:22

Chicago Readers: You Are Falling Down on Finding a Meetup Location naked capitalism

Dear readers, I have booked a flight and prepaid for a hotel to hold a meetup in Chicago on Friday July 6. However, if readers do not identify a suitable meetup venue, there will be no meetup and all of these expenditures of scare site funds will go down the drain. The suggestions readers have []

06:10

Is The Prepper Movement Pendulum Swinging The Other Way? The Daily Coin

Is The Prepper Movement Pendulum Swinging The Other Way? by Ken Jorgustin Modern Survival Blog Heres a serious question for you all. Comment below with your opinion. Do you believe that the prepper movement is fading? Are fewer people...

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06:00

Stratfors 2018 Third-Quarter Forecast Financial Sense

By Stratfor China Remains in the US Crosshairs. The United States will impose tariffs, sanctions and blocks on investment and research in a bid to frustrate China's development of strategic technologies.

05:50

Economy Expert: Economic Ponzi Scheme Will Cause The Next Market Crash The Daily Coin

Economy Expert: Economic Ponzi Scheme Will Cause The Next Market Crash by Mac Slavo SHTFPlan Dr. John Hussman, whose Ph.D. is in economics, says that the economic Ponzi scheme we are forced to live under will be the cause...

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05:30

All Gold is Not Equal (Video) The Daily Coin

All Gold is Not Equal Video GoldCore Is all gold equal? is the topic of episode 4 of the Goldnomics podcast. The tangible quality of gold bullion is one of the key factors which contributes to golds ability to...

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05:10

The West Is Past The Daily Coin

The West Is Past from Moon of Alabama G-7 summits are supposed to symbolize the west, its unity and its power. The summits pretended to set policy directions for the world. We are happy to see that they are dead....

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05:04

Equitable regulation of short-term rentals from the Sustainable Economies Law Center Shareable New Articles

Digital platforms like Airbnb, Flipkey, Stayz, and many more have made it easy for city residents to offer spare rooms, or even entire residences, to those (most often tourists) needing short-term rental (STR) accommodations. STRs are typically defined as stays under 30 nights.

05:00

How American Collapse is Powered by Modern Historys Most Backwards Ideas Stories by umair haque on Medium

What Happens When Everything Means its Opposite?

Modern historys strangest, most backwards ideas. Im sorry if that sounds harsh. Let me be honest with you. Ive come to think that theyre the engine of American collapse. What do I mean?

Check out this tweet:

When everything any organization, any society, aspires to do, be, or achieve, actually means the precise opposite of what it should, function becomes malfunction. Powimplosion. Thats a complicated thought to hold in your head, so let me explain it.

Family Values. Lets start with the first one: family values. Presumably, if a society values families, then it should help them achieve the goal ofbeing families. Self-evident, no? And yet family values in America didnt mean any of the following. Childcare. Healthcare. Elderly care. Maternity or paternity leave. In London, my pregnant friend gets one full year offby law. In America, she would have gottennothing, really, maybe a few weeks, if her job allowed it. Do you see what I mean by backwards yet? Family values doesnt mean valuing familiesit means devaluing families. Not lifting them up, investing in them, precisely because they are things which are valuablebut starving them of investment. And we would only do that if what we really meandespite what we sayis that they we dont value families at all.

Do you see what I mean by backwards? By Orwellian? How foolish. How strange. How sad. No wonder, then, that American social bonds collapsedif your neighbours wont agree to give you childcare, and vice versa, why should anyone trust anyone? But a democracy cannot function when trust has collapsed, can it?

You see what I mean by historys dumbest ideas a little bit now. But lets keep going.

Fiscal responsibility. Now lets tackle fiscal responsibility. To Americans, somehow, this ended up just meaning: kill the government! Cut investment! Always, everywhere, forever! But that is the most irresponsible thing to do, very, very often, in a modern economy. When, precisely? Well, when interest rates are negative for the government, which means theres too much money sloshing around, and its looking so hard for a place to be invested, its willing...

04:50

Why Your Medicinal Herb Kit Should Have Yarrow The Daily Coin

Why Your Medicinal Herb Kit Should Have Yarrow by Jeremiah Johnson Ready Nutrition Tis the season to gather up some yarrow. Yes, Ready Nutrition Readers! Lets delve into it and see what this articles herbal focus has to offer. Yarrow...

The post Why Your Medicinal Herb Kit Should Have Yarrow appeared first on The Daily Coin.

04:30

David Icke The Silicon Valley Agenda (Video) The Daily Coin

David Icke The Silicon Valley Agenda Video Video Source

The post David Icke The Silicon Valley Agenda (Video) appeared first on The Daily Coin.

04:24

When Committees Are Authorized to Make Decisions Grassroots Economic Organizing

One of the key challenges for groups of 20+ members working with consensus is how to effectively delegate. If you retain all decision-making in the plenary it invariably leads to a bottleneckon the one hand there are too many plenaries and they last too long; on the other, committees are almost certainly underutilized (and probably demoralized by being expected to content themselves doing only scut work in service to the plenary).

[...]

In groups of 20 or more I strongly advocate that plenaries concentrate their attention on whole group concerns (such as interpreting common values as they apply to an issue, setting the annual budget, or defining member rights and responsibilities) and delegate to committees decision-making authority on all details that drop below the need for whole group deliberation. That said, stating theory is much easier than setting it up and having it go smoothly. There are challenges to getting delegation to work as elegantly as you can draw it up in a multicolored organizational diagram.

I was spurred to write about this issue (the underbelly of delegation) by a conversation I had recently at a community struggling with the question of what constituted fair notice of meetings at which decisions might be made that impacted everyone. The problem was that the group was committed to two core principles that weren't necessarily playing well together: a) transparency and the opportunity for people not on the committee to offer relevant input; and b) committees having a clear pathway to get their work done without being hamstrung by late input or complaints after the fact. What is the balance point between due process and efficiency?

Read the rest at Laird's Commentary on Community and Consensus

 

Go to the GEO front page

04:20

Art of the troll TheMoneyIllusion

Update:  There is a new podcast online where Im interviewed on neoliberalism.

Jim Geraghty of the National Review is usually somewhat more sympathetic to Trump than I am, but raised his eyebrows a bit after Trumps recent antics:

Trump and his fans believe hes demonstrating toughness in ways that previous presidents couldnt. Perhaps. The question is, what happens after youve demonstrated your toughness? Does the other side capitulate, or does the other side dig in? No doubt its cathartic to visibly rage at the other side, but does it get you where you want to go?

Trump now interacts with the prime minister of Canada the same way he lashes out at Rosie ODonnell, Mika Brzezinski, or Attorney General Jeff Sessions, by ripping into him on Twitter: PM Justin Trudeau of Canada acted so meek and mild during our @g7 meetings only to give a news conference after I left saying that, US Tariffs were kind of insulting and he will not b- pushed around. Very dishonest & weak. Our Tariffs are in response to his of 270% on dairy!

Trumps trade adviser, Peter Navarro, raged on Fox News Sunday: Theres a special place in hell for any foreign leader that engages in bad faith diplomacy with President Donald J. Trump and then tries to stab him in the back on the way out the door . . . thats what bad faith Justin Trudeau did with that stunt press conference.

Talk about turning it up to eleven. When U.S. policymakers tell a foreign leader that theres a special place in hell waiting for him, its usually a brutal dictator whos committed atrocities and human-rights abuses.

[Actually, the Trump administration reserves phrases like very honorable for brutal dictators who imprison hundreds of thousands of people in Nazi-like concentration camps, where women are brutally raped, tortured and starved and children born there have to live out their entire lives in prison.  Hell is reserved for Trudeau, who expressed displeasure with US steel tariffs that treat Canada as an enemy, not Kim (or Putin or Duterte or any of the other thugs that Trump likes.)]

...

04:10

American Pravda: Our Great Purge of the 1940s The Daily Coin

American Pravda: Our Great Purge of the 1940s by Ron Unz UNZ Review Although Ive soured on him in recent years, for the first decade and more of Paul Krugmans tenure at the New York Times I regarded him...

The post American Pravda: Our Great Purge of the 1940s appeared first on The Daily Coin.

04:00

2:00PM Water Cooler 6/11/2018 naked capitalism

Today's Water Cooler: G-7, China trade, Trump and the black vote in 2020, voter rolls, ranked choice voting, manufacturing, shipping, venture capital, single payer, collective bargaining, Masterpiece Cakeshop

04:00

Recession Alert: World Headed for Cyclical Slowdown Financial Sense

By Dwaine Van Vuuren Despite the U.S. leading economic indicators appearing healthy, the global economy appears to be headed for a slow down, with only 34% of the 40 countries we track having leading economic indicators (LEIs) signalling growth ahead...

03:56

In The News Today Jim Sinclair's Mineset

Bill Holters Commentary Chris Powell and Harvey Organ gig the Comptroller of the Currency, Joseph M, Otting. Not that this will do anything more than past GATA efforts but you can add Mr. Ottings name to the list of those who cannot say we did not know GATA Asks Bank Regulator To Check Risks Of... Read more

The post In The News Today appeared first on Jim Sinclair's Mineset.

03:55

Worksheet for the 2018 Midterms (How Big Does The Wave Have to Be?) naked capitalism

What the Democrats have to do to win their 23 seats and control the House, and California results.

03:50

Topping Pattern or Just Consolidation? The Daily Coin

Topping Pattern or Just Consolidation? by PAUL REJCZAK Sunshine Profits The U.S. stock market indexes gained 0.1-0.3% on Friday, as they fluctuated following recent advance. The S&P 500 index remained close to its mid-March local high of around 2,800....

The post Topping Pattern or Just Consolidation? appeared first on The Daily Coin.

03:48

Jims Mailbox Jim Sinclair's Mineset

Courtesy of JB. Jim Sorry, we cannot let our friends, or enemies, take advantage of us on Trade anymore. We must put the American worker first! Donald J. Trump (@realDonaldTrump) June 11, 2018 Great to be in Singapore, excitement in the air! Donald J. Trump (@realDonaldTrump) June 11, 2018 .Germany pays 1% (slowly)... Read more

The post Jims Mailbox appeared first on Jim Sinclair's Mineset.

03:30

Is Bitcoin a Ponzi Scheme and or a Fraud? (Video) The Daily Coin

Is Bitcoin a Ponzi Scheme and or a Fraud? Video smaulgld Video Source

The post Is Bitcoin a Ponzi Scheme and or a Fraud? (Video) appeared first on The Daily Coin.

03:05

Venezuela Enters Last Chapter of Collapse The Daily Coin

Venezuela Enters Last Chapter of CollapseDoctors, teachers, electricians all fleeing By Jayson Veley  News Target The problem with liberals and progressives in the United States is that they are incapable of looking to other parts of the world to determine...

The post Venezuela Enters Last Chapter of Collapse appeared first on The Daily Coin.

03:00

Hierarchy of Portfolio Success The Big Picture

Ranking What Helps or Hurts Investment Returns The key is knowing which ones are subject to human intervention. Bloomberg, June 11. 2018     What drives the returns of any investment portfolio? Specifically, from the moment someone starts saving for retirement, until the day they begin to take their required minimum distribution at age 70, what

Read More

The post Hierarchy of Portfolio Success appeared first on The Big Picture.

03:00

The Nuclear Industry Is Making a Big Bet on Small Power Plants Financial Sense

By The Conversation Until now, generating nuclear power has required massive facilities surrounded by acres of buildings, electrical infrastructure, roads, parking lots and more. The nuclear industry is trying to...

02:58

White House Releases Agenda For Tomorrows Historic Summit The Event Chronicle

By Zero Hedge

The White House has released the much-anticipated agenda of Tuesdays Trump-Kim summit which will be a one-day event after all and discloses that Trump will meet with the North Korean leader tomorrow morning at 9:00 a.m., after which the two presidents (or dictators according to Abby Huntsman) will participate in a one-on-one meeting, with translators only and no media, an expanded bilateral meeting, and a working lunch.

The U.S. delegation at tomorrows expanded meeting will also include Sec. of State Mike Pompeo, Chief of Staff John Kelly, and National Security Advisor John Bolton. Press Secretary Sarah Sanders, Ambassador Sung Kim, and National Security Council Senior Director for Asia Matt Pottinger will join for the working lunch.

And echoing Pompeos earlier comments that talks are going quicker than expected, Trump just like Kim is expected to depart Singapore tomorrow morning east coast time: At the conclusion of the summit, President Trump will participate in a media availability before departing tomorrow at approximately 8 p.m. for the United States.

Full statement below:

Statement Regarding the Summit Between the United States and North Korea

The discussions between the United States and North Korea are ongoing and have moved more quickly than expected.

President Donald J. Trump will meet with North Korean leader Kim Jong Un tomorrow morning at 9:00 a.m. Following the initial greeting, Preside. Trump and Chairman Kim will participate in a one-on-one meeting, with translators only, an expanded bilateral meeting, and a working lunch.

The United States delegation at tomorrows expanded bilateral meeting will include Secretary of State Mile Pompeo, Chief of Staff John Kelly, and National Security Advisor John Bolton. Press Secretary Sarah Sanders, Ambassador Sung Kim, and National Security Council Senior Director for Asia Matt Pottinger will join for the working lunch.

At the conclusion of the summit, Preside. Trump will participate in a media availability before departing tomorrow at approximately 8 p.m. for the United States.

...

02:52

Monday assorted links Marginal REVOLUTION

1. We have every right to hate you.

2. Land Grant colleges were good for the United States.

3. Eric Weinstein video explains the Intellectual Dark Web.

4. How captured is our economy? (CapturedEconomy.com, a new website resource from Lindsey and Teles).

5. Retired fire chief Richard Gasaway refers to this apparent slowing down of time in tense situations as tachypsychia, which roughly translates as fast mind.

6. North Korean officials explore Singapore.

7. Thomas Schellings medal went on the block May 31 at a Los Angeles auction house, fetching $187,000. His family donated the proceeds to the Southern Poverty Law Center, a nonprofit that fights hate and bigotry and advocates for civil rights through litigation.  Link here.  And: his widow, Alice Schelling, says the most influential book he ever read was one for children, the 1927 Newbery Medal winner Smoky the Cowhorse by Will James.

The post Monday assorted links appeared first on Marginal REVOLUTION.

02:40

The Volcano of Debt The Daily Coin

The Volcano of Debt by Craig Hemke Sprott Money Just as gravity propels the lava from Kilauea inexorably toward the sea, a mountain of public and private debt looms over todays markets. Earlier this week, the Boards of Trustees...

The post The Volcano of Debt appeared first on The Daily Coin.

02:15

DiGenova & Toensing Rip Gowdy & Ryan (Video) The Daily Coin

DiGenova & Toensing Rip Gowdy & Ryan Video Fox News via Bill Still Two days ago, in SR 2270, I mentioned that in my opinion, Trey Gowdy has turned to the Rhino Republican / Deep State / globalist cause....

The post DiGenova & Toensing Rip Gowdy & Ryan (Video) appeared first on The Daily Coin.

02:04

US military plans as if Guantanamo wont close for decades The Event Chronicle

US military plans as if Guantanamo wont close for decades U.S.

01:58

The Crash of the Banking System & the Fall of Free Speech with G. Edward Griffin The Event Chronicle

By WAM

Josh Sigurdson and John Sneisen sit down and talk with author G. Edward Griffin once again to discuss several issues making the news cycle as of recently.

Starting off the interview, we ask Mr. Griffin whats on his mind to which he replies that the incredibly crucial issue of free, uncensored speech is something thats been bothering him lately. The fact that these major monopolies on information can simply stop the flow of information, that they can muzzle people who say that which doesnt benefit the massive monopoly.

On top of that, with the era of being offended growing at such a rapid scale, it has become quite clear that people simply cannot handle the truth anymore and would rather close their ears, eyes and mouths in order to avoid the truth.

We also go into the banking system whose share prices are almost all entirely in the red year to date. Deutsche Bank recently decided to lay off 10,000 employees (1 in 10) as they were downgraded by the S&P to BBB+ from A-. Wells Fargo is seeing serious problems, JP Morgan made it official when it finally broke resistance and fell into the red year to date. The banks are all insolvent and never recovered since 2008 and the cash to deposit ratio is of great significance to that point as some of the major banks have as little as 0.15% of deposits covered with cash!

G. Edward Griffin explains how he doesnt remember a time when banks werent in the red and how the system inevitably needs to collapse.

He also goes into the idea of a centrally planned cashless society using the SDR at the IMF as well as how gold and silver protect purchasing power over centuries as wealth insurance.

Finally, Mr. Griffin goes into the very exciting upcoming Red Pill Expo and what we c...

01:53

Putin teases new arms: Lasers & hypersonic missiles in service, but thats not all The Event Chronicle

By RT New

All the recently unveiled cutting-edge Russian weapons will be put into service in time, while some are already adopted, President Vladimir Putin said during his annual Q&A session in Moscow, teasing more surprises to come.

The hypersonic air-deployed Kinzhal system the missile which can travel at 10 Mach speed is already used by our troops in the South Federal District, Putin said. A laser combat system is in service as well.

Two other novelties the hypersonic Avangard system and Sarmat ICBM will be put into service in 2019 and 2020 respectively. The Avangard hypersonic glider system, which can exceed the speed of sound 20 times during final approach, has been already put into serial production, the president revealed.

I dont think that any other country will develop such weapon [as Avangard]. Naturally, it will emerge at some point, but, as Ive said already, it wont bother us, since we already have it, he said.

The nuclear powered weapon systems drone submarine and cruise missile of global range will be put into service on schedule, Putin said, adding that he had no doubts about this as the propulsion systems have been already developed and successfully tested.

But the Russian military has more aces up their sleeve, the president hinted, promising cutting-edge weaponry to be unveiled soon, without giving any details. Thats not all that we are planning to produce and adopt, Putin said. Well talk about it soon.

The counter-terrorism campaign in Syria provided a large boost to weapon development, he said, as engineers were deployed alongside Russian troops to test and fine tune modern weapons in the field. Russias involvement in Syria, however, is primarily a campaign to fight terrorism, and those who died in the line of duty will be always remembered, the president stressed.

Calling it a unique, priceless experience of the armed forces, Putin stressed that Russias mission in Syria was not meant to use the country as a testing ground.

Nevertheless it [the Syrian campaign]helped to fine tune the modern weaponry, namely the high-precision missile systems. Its two completely different things to have them in stock and to test them in reality, in combat.

This article (Lasers & hypersonic missiles in service, but thats not all) was originally published on RT News and syndicated by The Event Chronicle

...

01:50

The End Of The Liquidity Supernova Will Be A Disaster For Financial Markets The Daily Coin

The End Of The Liquidity Supernova Will Be A Disaster For Financial Markets from King World News As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic...

The post The End Of The Liquidity Supernova Will Be A Disaster For Financial Markets appeared first on The Daily Coin.

01:41

Now thats a Methodical #Takedown #Leakers #QConfirmations #Presstitutes The Event Chronicle

By Neon Revolt

The news just broke. Former director of security for the Senate Select Committee on Intelligence has been arrested for leaking classified intel!

But this is much bigger than it appears on the surface, and Im going to attempt to explain why.

Firstly, the full Wolfe indictment can be found here: https://www.justice.gov/usao-dc/press-release/file/1069836/download

And theres a lot in this indictment notably, that there were 4 reporters with whom Wolfe was in contact; two of which were female, one of which was male. And these are, of course, anonymously identified as Reporter 1, 2, 3, and 4.

And that would basically be where the story ends, except

Except one of these reporters has already been outed by their own news organization, no less. (Hmm wonder why they would do that?)

Ali Watkins. Worked for Buzzfeed. Politico. And NYT.

Here, take a gander at her portfolio:

...

01:37

World Wrassling Diplomacy The Daily Coin

World Wrassling Diplomacy by James Howard Kunstler Why not war with Canada? That pissant nation is cluttering up the northern half of OUR Continent, which we struggled mightily to free from wicked Old Europe. What doesnt Justin Trudeau get about...

The post World Wrassling Diplomacy appeared first on The Daily Coin.

01:34

Memes will be banned under new EU copyright law, warn campaigners The Event Chronicle

Digital rights campaigners are warning that the law could lead to the destruction of the internet as we know it.

By Sky News

A new copyright law from the European Union would lead to the banning of memes on the internet, campaigners are warning.

The EU Copyright Directive intends to protect the intellectual property rights of people who upload their material to the internet.

However, campaigners are warning the law will require all content uploaded to the internet to be monitored and potentially deleted if a likeness to existing copyright is protected.

The campaign against a particular provision of the directive, Article 13, warns that online platforms would be economically damaged if they were forced to comply with its expensive obligations.

The law would destroy the internet as we know it warn the campaigners, who add it would allow big companies to control what we see and do online.

Essentially, the campaigners are arguing the stringent copyright protections of Article 13 would damage the sharing of parody content and memes which, while themselves being original and creative works, are often developed from other peoples original content.

Memes including image macros such as the stock photograph of a distracted boyfriend taken by photographer Antonio Guillem are often shared without the approval of the copyright holder.

The 'distracted boyfriend' photo was taken by Antonio Guillem and used as a meme

The distracted boyfriend photo was taken by Antonio Guillem and used as a meme

The campaign follows an open letter sent by academics from intellectual property research centres in Europe regarding the copyright directive.

The allegations have been robustly rejected by the European Commission.

Introducing the legislative drive in 2016, European Commission president Jean-Claude Juncker said he wanted journalists, publishers and authors to be paid fairly for their work.

The copyright protections would apply to that work whether it is made in studios or living rooms, whether it is disseminated offline or online, whether it is published via a copying machine or commercially hyperlinked on the web.

In response to the campaign, a European Commission spokesperson told Sky News: The idea behind our copyright proposals is that people should be able to make a living from their creativ...

01:31

Anthony Bourdain: Yet Another Celebrity Dead by Hanging The Event Chronicle

Anthony Bourdain was found dead by hanging in his hotel room in France, adding to the long and baffling list of celebrities who lost their lives in this grim fashion.

By Vigilant Citizen

Anthony Bourdain was found dead on Friday morning by his friend and French chef Eric Ripert in his room at a luxury hotel in northern France. According to the authorities, Bourdain killed himself by hanging. The exact cause of the death is still under investigation.

To many, Anthony Bourdains suicide is difficult to compute. He was rich, famous, and beloved by many. He had a dream job: Travelling the world and eating great food. In fact, Bourdain was in the midst of filming an episode of his CNN TV show Anthony Bourdain: Parts Unknown when he was found dead. Bourdain was extremely driven and always had several projects in the works. His editor recently revealed that he was actually working on a new personal book.

Bourdain also had an 11-year-old daughter who he often cited as a cause of his happiness. He also appeared to be infatuated with his girlfriend Asia Argento and had shown great support in the causes she championed. Only a few days before his death, Bourdain was telling IndieWire how much he was proud of his girlfriend and that he loved filming with her.

Indeed, everything about Bourdain exuded positivity, which was combined with an unquenching thirst for new goals and projects. The fact that he would abandon his daughter and scar her for life while giving up on all of his ongoing projects seems out of character.

A source close to Bourdain told People:

Im still in total shock of course. I just cant believe it, and I cant believe it would happen while he was in the middle of working. If there was one thing that was always his saving grace, it was his ability to throw himself into his work he was never happier than when he was on some adventure or in the middle of a project, so its so bizarre to me, and Im sure to many people who knew him, that of all the times, this happened when he was doing what he loved and with people he loves.
People, Anthony Bourdains Dark Side Finally Overtook Him: Hed Always Managed to Outrun It, Says Source

Of course, as usual, only hours after death, news sources were publishing stories about his addiction problems with heroin and crack in the 1980s which were over 30 years ago. Also, as usual, some stories surfaced about his demons and his dark side.

I guess the darkness just finally overtook him, adds the source. Thats the thing about him a...

01:25

When Trump Met Fibonacci. And Won. The Daily Coin

When Trump Met Fibonacci. And Won. by Ral Ilargi Meijer  The Automatic Earth Something curious happened during the Trump love fest at the G7 over the weekend. And I dont think many people would have got it. In fact the entire...

The post When Trump Met Fibonacci. And Won. appeared first on The Daily Coin.

01:22

Destroying the Illusion: Tucson, Martian Microbes, Sky Portals, Assad Claims Chemical Attack Staged The Event Chronicle

Todays Links:

Out of This World Portal Appears in Sky during Electrical Storm Something is Watching It! https://bit.ly/2y18DEF

Abandoned Camp in Tucson AZ discovered by Vets On Patrol, a complete overview with photos and links https://bit.ly/2LBkQC7

Liz Roslan Facebook Post on #TucsonGate https://bit.ly/2JyquUR

Bashar al-Assad claims colonialist LIAR Theresa May STAGED CHEMICAL ATTACK in Syria https://bit.ly/2JJrBV9 . .

Website:
http://www.destroyingtheillusion.com (Subscribe to the newsletter to stay in touch!)

Social Media:
Twitter: @Jordan_Sather_
Facebook: @destroyingtheillusion
Instagram: @jaysather

01:00

00:56

Will Pennsylvania Regulators Ties to Fracking Industry Influence Their Decision on the Mariner East Pipeline? Eyes on the Ties

As a major decision looms on the controversial Mariner East pipeline, a majority of deciding regulators have ties to the fracking industry and to pipeline owner Sunoco.

Read More

00:35

IMF Rescues Argentina With Its Biggest Loan Ever The Daily Coin

IMF Rescues Argentina With Its Biggest Loan Ever By Michael Kern  Safe Haven In what will be the largest-ever IMF loan to any country in the world, the International Monetary Fund (IMF) has granted Argentina a $50-million stand-by arrangement to stop...

The post IMF Rescues Argentina With Its Biggest Loan Ever appeared first on The Daily Coin.

00:14

Daily Digest 6/11 - Earth's Dismal Water Future, How Much Money Do You Need To Be Happy? Peak Prosperity

  • The Politics of Pretense: The Status Quo Is the Problem, But It Can't Be Touched
  • MIT scientists created an AI-powered 'psychopath' named Norman
  • Twenty top predictions for life 100 years from now
  • Mining asteroids could unlock untold wealth heres how to get started
  • A Father's Day Dilemma
  • How Much Money Do You Need To Be Happy? More Than Most People Are Making
  • What Would Happen to Money Supply if We Returned to the Gold Standard?
  • 3 Fiat Money Systems That Have Crashed
  • Celestial collisions have the potential to change our planet forever
  • 1816 Year Without A Summer Massive Crop Failure, Food Shortages
  • Why Antibiotics Today Could Threaten Your Life Tomorrow
  • One of LAs oldest community gardens thrived for decades. Then the water wars began
  • Earth's dismal water future, mapped
  • 5 of the Healthiest Fish to Eat (and 5 to Avoid)
  • These Scientists Say It's Too Late to Rid the World's Oceans of Plastic
  • Plastics Industry Knew its Products were Polluting Oceans by 1970s, Then Spent Decades Denying Responsibility and Fighting Regulation

Join the conversation

00:01

North Korea Far From Following Vietnam Pacific Money The Diplomat

The chances of North Korea undergoing its own 'Doi Moi' process remain slim.

00:00

What Determines How Well Any Portfolio Performs? The Big Picture

I have been thinking about an intriguing issue: Where do returns come from? No, not which Fama-French factors are a source of outperformance, but rather, in the real world, what is it that leads any given portfolio to achieve a satisfactory level of returns relative to all of the surrounding events? Its a nuanced and

Read More

The post What Determines How Well Any Portfolio Performs? appeared first on The Big Picture.

Monday, 11 June

23:20

Were Going To Have To Do Something: Erdogan Warns Austrian Mosque Closures Could Lead To Religious War The Daily Coin

Were Going To Have To Do Something: Erdogan Warns Austrian Mosque Closures Could Lead To Religious War from ZeroHedge Turkish President Recep Tayyip Erdogan blasted Austrias decision to close mosques and expel Turkish-backed Imams as anti-Islamic and promised a response,...

The post Were Going To Have To Do Something: Erdogan Warns Austrian Mosque Closures Could Lead To Religious War appeared first on The Daily Coin.

23:20

Common Sense Monics The Daily Coin

Common Sense Monics by Keith Weiner Monetary-Metals Support youre driving a car, and you turn the steering wheel left. You will feel the door and pillar of the car push your left shoulder (in a left-drive car). This is...

The post Common Sense Monics appeared first on The Daily Coin.

23:00

Benjamin Fulford: The Kim/Trump summit, the Rothschilds and the financial war are all linked The Event Chronicle

By Benjamin Fulford

The summit meeting this week between U.S. President Donald Trump and North Korean strongman Kim Jong-un was preceded by a tidal wave of high-level public and secret diplomacy, because this is no ordinary meeting, multiple sources agree.  The summit will not only discuss peace in the Korean Peninsula, but also the future of the financial system and thus the future of the world, according to North Korean, Pentagon, Illuminati, and other sources.

The public meetings this past weekend were the G7 (now G6 following the U.S. de facto withdrawal) summit meeting of Western leaders and a summit meeting of the Shanghai Cooperation Organization (a.k.a. the Eurasian Alliance).  The secret meetings were the Bilderberg meeting in Italy, and meetings between Asian royals and representatives of the White Dragon Society (WDS) held in Japan, according to Asian secret society sources.

The Bilderberg meeting was presided over by high-level financial fraudster Henry Kissinger and included, apparently for the first time, a representative of the Vatican, Cardinal Pietro Parolin.  The top of the agenda was populism in Europe

http://www.bilderbergmeetings.org/meeting_2018.html

which means peasants with pitchforks rising against this satanic elite in the UK, in Italy, in Hungary and pretty much everywhere else in Europe.  As things are going, it will not be long before these child-killing mass murderers are dragged out of their houses and hung from the nearest lamppost, as famously predicted by George Bush Sr.

In fact, last week the Bush cabal was decimated as its top loyalist and Carlyle founder Frank Carlucci met his maker, Pentagon sources say.  They also note that the Department of Justice Inspector General report comes out on June 14 as the number of sealed indictments exceeds 35,000 and the DOJ has added 300 prosecutors.  Furthermore, the Senates August recess was cancelled so Trumps federal judges and other nominees can be confirmed, they note.

A message was sent to the Bilderberg-founding Dutch royal family on June 7th, the day the meeting started when the sister of Queen Maxima, Ines Zorreguieta, was found hanged in Argentina in a message to pedo royals, Pentagon sources say.  This happened as 160 children were liberated from an Atlanta child trafficking operation, they noted.

https://www.theguardian.com/world/2018/jun/07/dutch-queens-sister-found-dead-at-home-in-buenos-aires

Also, in England riots broke out over the imprisonment of Tommy Robinson on charges of reporting about a mass pedophile trial.

https://www.zerohedge.com/news/2018-06-10/watch-ch...

22:56

What should I ask Vitalik Buterin? Marginal REVOLUTION

I will be doing a Conversation with him (no associated public event), what should I ask him?

If you have been living under a rock, here is his Wikipedia page.  Here is his Twitter account.  Here is his personal website.

The post What should I ask Vitalik Buterin? appeared first on Marginal REVOLUTION.

22:55

A Yellow Alert Has Just Been Issued For 2 Major Volcanoes In North America The Daily Coin

A Yellow Alert Has Just Been Issued For 2 Major Volcanoes In North America by Michael Snyder The Economic Collapse Blog Massive eruptions of Hawaiis Kilauea volcano and Guatemalas Fuego volcano have captivated the entire world in recent days,...

The post A Yellow Alert Has Just Been Issued For 2 Major Volcanoes In North America appeared first on The Daily Coin.

22:47

The Tax Code is Still a Mess Concord Coalition

The Tax Code is Still a Mess jgordon Mon, 06/11/2018 - 08:47

This is a guest post by Concord Coalition intern Rob Ryan

Politicians and economists have long stressed the importance of simplifying our nations tax code. Tax reform that eliminates many tax breaks, also known as tax expenditures, can foster economic growth and make meaningful progress in reducing future federal deficits -- perhaps even while lowering tax rates.

While Congress and President Trump did indeed slash rates with the Tax Cuts and Jobs Act last December, they failed to reduce the number of tax breaks that riddle the tax code. The result was not true tax reform, but a large deficit-financed tax cut that, according to the Congressional Budget Office (CBO), will add $1.9 trillion to annual deficits over the next decade.

The Joint Committee on Taxation (JCT) highlighted this failure to clean up the tax code in its recent report, Estimates of Federal Tax Expenditures for Fiscal Years 2017-2021. The report shows that the tax code now actually contains more tax expenditures, not fewer.

Tax expenditures are essentially spending programs in disguise that favor certain individuals, businesses, industries and activities. The Budget Act of 1974 defines tax expenditures as revenue losses attributable to provisions of the Federal tax law which allow a special exclusion, exemption, or deduction from gross income or which provide a special credit, a preferential rate of tax, or a deferral of tax liability.

In 2017, the loss in government revenue due to the plethora of tax expenditures totaled 9 percent of the economy. If all tax expenditures were counted as a federal spending program, it would exceed the size of Medicare and Social Security combined.

22:41

Science Fiction Doesnt Work for Fiscal Policy Concord Coalition

Science Fiction Doesnt Work for Fiscal Policy jgordon Mon, 06/11/2018 - 08:41

I think our issue is in outer space at the moment, said Robert L. Bixby, executive director of The Concord Coalition.

The fiscal challenges facing our nation, and the lack of attention given them, seem unreal. Add in vast and expansive numbers, and you may have the beginnings of a work of science fiction.

The nations $21 trillion debt, recurring trillion dollar annual budget deficits and growing cash deficits in key social programs ought to get candidates for Congress and president talking about long-term, bipartisan solutions to such fiscal issues.

Instead, they appear to be heading down the path of fiscal unsustainability at warp speed.

During the latest episode of Facing the Future, Bixby and New Hampshire political reporter Paul Steinhauser discussed the upcoming Congressional midterm elections, the fast approaching 2020 presidential election and Fiscal Fridays, a collaboration between The Concord Coalition and NH1 News.

Fiscal Fridays was a half-hour television program that interviewed candidates -- including now President Donald Trump -- during the 2016 election cycle on topics related to fiscal policy, hosted by Steinhauser.

This was just a terrific format...especially for the voters. said Steinhauser. They are the real winners here because they got to go in depth on fiscal matters, pocket-book matters.

Steinhauser said that most candidates were often more direct during the Fiscal Fridays interviews than they otherwise were during brief interactions on the campaign trail.

Some of the more controversial social issues they would dance around, but not on fiscal policy, Steinhauser said. I think they were all pretty hungry to talk about that and I hope they will all be hungry to talk about it again.

Sometimes such candidness resulted in statements that received national attention, like remarks made by Ohio Governor John Kasich.

He did say something rather controversial about Social Security, Bixby said. I was at the airport waiting to go home and already it was up on social media.

Bixby said such coverage was helpful in getting other candidates to share their positions on...

22:30

Silver Price Breakout Battle Rages On (Video) The Daily Coin

Silver Price Breakout Battle Rages On Video maneco64 In this report i cover the early market action from London on Monday, June 11th, 2018. I look closely at the technical picture for silver and gold. Video Source

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22:15

10 Monday AM Reads The Big Picture

My back to work morning train reads:  Everyone Makes Investing Mistakes Even Warren Buffett (Wall Street Journal)  Hedge funds have lost their dynamic creators of value lustre (Financial Times)  The Fiduciary Rule May Sound Boring, But Its Collapse Threatens Your Retirement (Bloomberg)  What a Difference a Decade Makes (Morningstar)  Streamlined cars, designed to be fast,

Read More

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22:11

Good News From Quebec-The American Imperium Is Over David Stockman's Contra Corner

This last is good news indeed, for if Merkel is the new leader of the free world then the stationing of 35,000 US troops in Germany at a cost of billions annually is no longer required and we can bring them home. This also means Germany, rather than the US, will be sending troops all over the world to fight terrorism a move that is sure to cause consternation in certain regions with a history of German intervention, but hey, somebody has to do it!

 

https://original.antiwar.com/justin/2018/06/10/america-a-prisoner-of-our-allies/

22:10

The Transformation of Our World The Daily Coin

The Transformation of Our World by JC Collins Philosophy of Metrics Things are strange and George Soros has stated that everything has gone wrong.  Depends on your perspective I suppose.   Its a rainy Sunday morning and Im here...

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21:59

Debt Clock Ticking David Stockman's Contra Corner

The advantage of debt is it lets you bring the future into the present, buying things you couldnt afford if you had to pay full price now. This can be good or bad, depending on what you buy. Going into debt for education that will raise your income, or for factory equipment that will increase your output, can be positive. Debt for a tropical vacation, probably not.

And thats our core economic problem. The entire world went into debt for the equivalent of tropical vacations and, having now enjoyed them, realizes it must pay the bill. The resources to do so do not yet exist. So, in the time-honored tradition of lenders everywhere, we extend and pretend. But with our ability to pretend almost gone, were heading to the Great Reset.

 

http://www.mauldineconomics.com/frontlinethoughts/debt-clock-ticking

 

21:54

Poland Wants an American Garrison: Let Germany Do It! David Stockman's Contra Corner

But instead of sticking America with yet another tab, it would make more sense for Poland to send its bill to Berlin. German Chancellor Angela Merkel has called for European leadership on defense. But her coalition partners wont let the continents dominant nation and biggest economy meet its military obligations. The Germans should garrison their neighbor in return for the cash.

http://www.theamericanconservative.com/articles/poland-wants-an-american-garrison-let-germany-do-it/

 

 

 

 

 

 

21:50

Putin and Trump Diplomacy Opens Way to Putin-Trump Summit The Daily Coin

Putin and Trump Diplomacy Opens Way to Putin-Trump Summit by Harley Schlanger Rogue Money Join @SchillerInst in NYC this weekend for a conference and Sunday concert honoring #RFKs memory https://t.co/m2Am5HCGx3 ROGUE MONEY (@theroguemoney) June 9, 2018 As Presidents...

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21:30

This Week in Stupid (Video) The Daily Coin

This Week in Stupid Video Sargon of Akkad The #FreeTommy march, the Washington Post promotes man-hatred and diversity and representation in terror cells. Video Source

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21:16

We will never disapprove of current levels of animal cruelty Marginal REVOLUTION

Not fundamentally, no.  However terrible our current treatment of animals may be, most of us dont seem to mind very much, and I suppose that is consistent with what a Darwinian theory would predict.  Here are a few facts about the sociologically specific nature of vegetarianism:

  1. The majority of vegans are female in gender: e.g., 74% in USA [27], 66% in Germany [39] and 63% in UK [29];

  2. They tend to be liberal-leftist politically: in USA, we have a 52% of liberals versus a 14% of conservatives and a 34% of self-styled neutral [27];

  3. They are generally more educated than carnists (e.g., Ipsos Mori [29] for UK and Mensik et al. for Germany [39]);

  4. They are more likely to be found in urban than country areas, with prevalence in big cities (e.g., Ipsos Mori [29] for UK, Roy Morgan Research for Australia [...

21:10

Gold Market Stuck In Consolidation Mode The Daily Coin

Gold Market Stuck In Consolidation Mode by Jim Curry  Gold-Eagle With the action seen last week, gold is holding in a consolidation pattern at the present time, with the same expected to give way to an eventual up-cycle phase into mid-to-late...

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20:45

CFTC Commissioner believes that cryptocurrencies will one day proliferate every nations monetary and financial systems The Daily Coin

CFTC Commissioner believes that cryptocurrencies will one day proliferate every nations monetary and financial systems by Ken Schortgen, Jr The Daily Economist In a rather interesting comment made during a speech at the UN Plaza last week, the Commissioner...

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20:30

New York Citys Iconic Skyline (1916 Present) The Big Picture

Many of the classic skyscrapers that define New York Citys skyline have their design roots in a monumental 1916 zoning law, which established setback requirements for buildings above a certain height. In the heart of the Financial District, the Equitable Building, a historic skyscraper that predates the law, remains a symbol of the excesses of

Read More

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20:15

Robert Rapier: US Shale Boom (Growth) Will Continue for Short-Medium Term Only? (Video) The Daily Coin

Robert Rapier: US Shale Boom (Growth) Will Continue for Short-Medium Term Only? Video Wall St for Main St Jason Burack of Wall St for Main St welcomed back returning guest, oil and energy expert, Robert Rapier http://www.rrapier.com/. Robert has...

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19:47

Debt Rattle June 11 2018 The Automatic Earth

Pierre-Auguste Renoir Les parapluies 1880-86   Debt Clock Ticking (Mauldin) Southern Mayors Defy Italian Coalition To Offer Safe Port To Migrants (G.) Italys New Finance Minister Rules Out Leaving Euro (Pol.eu) In The Western World Truth Is An Endangered Species (PCR) Will Bilderberg Still Be Relevant As The Future Of

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19:45

Self-Sustaining Productive Economy OR A Ponzi Scheme: Your Choice The Daily Coin

Self-Sustaining Productive Economy OR A Ponzi Scheme: Your Choice Authored by John Hussman via HussmanFunds.com, via ZeroHedge Financial disaster is quickly forgotten. There can be few fields of human endeavor in which history counts for so little as in the world of...

The post Self-Sustaining Productive Economy OR A Ponzi Scheme: Your Choice appeared first on The Daily Coin.

19:31

Palm oil giant tests GPS-based solution to increase traceability Eco-Business

One of the world's biggest palm oil companies is testing new GPS-based technology to trace the provenance of palm fruit all the way back to the plantation where it was grown.

19:26

With the benefits of benefit reform diminishing, Universal Credit needs a new direction Resolution Foundation

Another busy period of Brexit debate has pushed other big domestic issues out of the headlines. This is particularly true of Universal Credit (UC) where two key government publications last week have slipped under the radar.

In the coming year we can expect the profile of UC to rise again, with the pace of rollout upped to 50 jobcentres a month and more people moving onto the scheme. Eventually around seven million families will be on UC, including half of all families with children but we learnt last week that the full rollout to get to that point is now not expected to be complete until the early years of the next parliament.

The story so far has been one of delays and teething problems. But as were still at the halfway stage of the rollout, now is a good time to focus on the policy aims of UC, and the benefits of this huge benefit reform. This is what the governments newly updated business case sets out to do.

A key aim of UC is to significantly boost the financial return for people to either work, or work more. The government estimates that an extra 110,000 people could be in work under UC, compared to the current regime. Obviously such estimates are very hard to make and we should not focus too much on the specific number, but we can at least note the relative scale and direction of change.

Its obviously positive, though at the bottom end of the 100,000 to 300,000 boost previously estimated back in 2012. Its worth noting, however, that record employment means that there are fewer out-of-work people to be incentivised into work, reducing the potential employment gains from UC. But while UC is likely to play less of a role in securing high employment, that doesnt make the point of the benefit reforms redundant. UC isnt just about getting people into work, its also about encouraging people to work more.

In that context its noteworthy that close to two-thirds of the estimated employment gains in UC are at under 16 hours of work. As weve previously warned, one of the risks in the current design of UC is that it risks trapping people in short-hours, low paid work with some groups, particularly single parents, likely to reduce their hours under UC

Looking at the whole population expected to be on UC, the business case does anticipate incentives will help to boost hours, with people already in work amassing 113 million extra hours a year. But lets not get carried away on average this amounts to an extra half an hour a week per worker.

Even if you take the business case claims of an employment and hours boost at face value, the current gains from UC appear quite weak. But that neednt be the case, and with the number of families on UC still...

19:15

The Battle Moves From Behind The Scenes To The Foreground (Video) The Daily Coin

The Battle Moves From Behind The Scenes To The Foreground Video QX22 Report The G7 meeting did not go well, Trump does not agree to terms, the battle is now being fought in front of the world, the deep...

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18:45

The Story Doesnt Ring True, But The Scam Worked The Daily Coin

The Story Doesnt Ring True, But The Scam Worked from Schiff Gold This week, I want to talk about scams. Now there are some pretty sophisticated scams out there, and I can see how people get fooled. Ive been tempted...

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18:15

THEY ARE WEAK (Video) The Daily Coin

THEY ARE WEAK Video Stefan Molyneux Question: I am a 24-year-old woman and I am seeing more and more of my young cousins, 18-21, doing absolutely nothing. These are young men and women raised in middle class, happy homes....

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17:45

Why So Many People Are Mourning the Death of Anthony Bourdain The Daily Coin

Why So Many People Are Mourning the Death of Anthony Bourdain by Emma Fiala  The Anti-Media I feel compelled to write about Anthony Bourdain. Not because I feel an otherworldly connection to a celebrity that I never met. Not because...

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17:41

17:15

Putin hints at END OF DOLLAR SYSTEM (Videos) The Daily Coin

Putin hints at END OF DOLLAR SYSTEM Videos Inessa S Part 1 Vladimir Putin has held his 16th annual Direct Line Q&A on June 7th, 2018. The entire conference was 4.5 hours long and this year has included all...

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16:43

We face a global emergency over oceans: UN chief sounds the alarm at G7 Summit event Eco-Business

Without a change of course, the plastic waste in the worlds oceans will outweigh the fish in them by 2050, said the United Nations Secretary-General on Saturday, declaring that the world now faces a global emergency over the oceans.

15:55

Last Exit to the Road Less Traveled naked capitalism

What good is a conventional economics that tells us we can only create jobs and profit by literally destroying and despoiling the resources we depend on? That sounds un-economic to me

15:40

15:31

Fight for the Future statement on official date of FCC net neutrality repeal Fight for the Future

FOR IMMEDIATE RELEASE: June 11, 2018
Contact: Evan Greer, press@fightforthefuture.org, 978-852-6457

Today, the FCCs repeal of net neutrality officially goes into effect, but the battle for the free and open Internet is just beginning. Fight for the Future, the small but fierce digital rights group behind the largest protests in Internet history, issued the following statement, which can be attributed to Deputy Director Evan Greer (pronouns: she/her):

Hold the obituaries. Net neutrality is not dead. Ajit Pais absurd repeal of basic free speech protections is the most unpopular decision in the history of the FCC, and it will not stand. The Senate already passed a historic bipartisan resolution disapproving the repeal. Now the entire Internet is laser focused on getting the House of Representatives to do the same.

Starting today, there is nothing legally preventing companies like Comcast, Verizon, and AT&T from arbitrarily censoring entire categories of apps, sites, and online services, or charging Internet users expensive new fees to access them. Ajit Pais order hands our Internet providers complete control over everything we do on our phones and computers, from where we get our news and information about the world, to how we listen to music and stream video.

Cable and phone companies wont start misbehaving right away, because they know theyre being watched. But over time, unless net neutrality is restored, the Internet as we know it will wither and die. The web will be dominated by a handful of the largest platforms who can afford pay to play fees, squeezing out independent voices and innovative ideas. Well lose all the cool, weird, controversial, and unexpected stuff that makes the Internet awesome, and one of the most important tools we have to combat tyranny and expose corruption.

People are pissed off. And rightly so. The gutting of net neutrality is a symbol of our broken democracy. Its the worst of the worst that the DC swamp has to offer. But it has sparked an unprecedented backlash from across the political spectrum, and Internet users are coming out of the woodwork to fight tooth and nail in Congress, in the courts, and at the local and state level.

This summer well channel our anger productively and harness the power of the Internet to mount an unprecedented district-by-district campaign to get Congress to do their job and reverse the FCCs outrageous repeal. The Internet is coming for net neutrality. There is nowhere to hide. Any lawmaker, of any party, that fails to sign the discharge petition in support of the CRA will re...

14:53

staff: Keeping the internet open is critical for us. It powers... Fight for the Future



staff:

Keeping the internet open is critical for us. It powers social movements, and provides a global platform for people of color, LGBTQ folks and the most marginalized communities to tell their own stories, run their own businesses and route around powerful gatekeepers.Candace Clement, Free Press Action Fund Campaign Director via @fight4future

Starting today, June 11, U.S. internet providers will be legally allowed to censor and block websites and apps, and force you to pay extra fees to to access your favorite places online. Your internet sanctuaries, the communities you are part of, the ones you have help build up, could be decimated.

Will it happen today? No. Next week? Probably not. The changes will not be swift. They will come piece by piece. A slow, tempered death to the free and open internet we love.

It doesnt have to be this way. You can still make a difference, Tumblr. We need the House of Representatives to sign a discharge petition in support of the Congressional Review Act that would force a vote on the floor.

Contact your repslet them know you support net neutrality.

Its so easy. Just go to BattleForTheNet.com, fill out the form, and follow their directions from there.

They have an updated widget for you to throw on your websites to urge others to make a difference. You can put it on your Tumblr. Let your followers know what you stand for, encourage them to do the same. Its so easy to do. Just copy and paste their small line of code right into the customize theme page on the web.

Go, go, go, go. We know you have that passion in you. Were fighting right alongside you.

14:32

The long-run consequences of male-biased sex ratios Marginal REVOLUTION

From Pauline Grosjean & Rose Khattar, forthcoming, Review of Economic Studies:

We document the short- and long-run effects of male-biased sex ratios. We exploit a natural historical experiment where large numbers of male convicts and far fewer female convicts were sent to Australia in the 18th and 19th centuries. In areas with more male-biased sex ratios, women were historically more likely to get married and less likely to work outside the home. In these areas today, both men and women continue to have more conservative attitudes towards women working, and women work fewer hours outside the home. While these women enjoy more leisure, they are also less likely to work in high-ranking occupations. We demonstrate that the consequences of uneven sex ratios on cultural attitudes, labor supply decisions, and occupational choices can persist in the long run, well after sex ratios are back to the natural rate. We document the roles of vertical cultural transmission and marriage homogamy in sustaining this cultural persistence.

Hat tip goes to the excellent Kevin Lewis.

The post The long-run consequences of male-biased sex ratios appeared first on Marginal REVOLUTION.

13:50

MSM Is The Enemy Of The People The Daily Coin

MSM Is The Enemy Of The People: Why Do Liberals Give Them A Free Pass When They Have Been Harmed Far More By Media Lies Than Trump Supporters? By Susan Duclos All News PipeLine TDC Note The so-called mainstream...

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13:30

Why Is Bitcoin CRASHING Again? What You Need To Know (Video) The Daily Coin

Why Is Bitcoin CRASHING Again? What You Need To Know Video WAM Josh Sigurdson reports on the most recent dip in the cryptocurrency market as we see Bitcoin fall around 11% in 24 hours, breaking support levels. After...

The post Why Is Bitcoin CRASHING Again? What You Need To Know (Video) appeared first on The Daily Coin.

13:24

Can we turn Singapore into an urban mine? Eco-Business

How can businesses use their influence to build sustainable industries? Mining urban waste streams for valuable resources is one way to start, said sustainability leaders at this year's Eco Action Day.

13:10

How Amazon Will Supercharge the Blockchain Revolution The Daily Coin

How Amazon Will Supercharge the Blockchain Revolution by Justin Spittler Casey Research Justins note: As regular Dispatch readers know, were about to enter a blockchain-based world just like we entered an internet-based world in the 1990s. This is a...

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13:08

Director / Manager, Partnerships Eco-Business

Eco-Business is Asia Pacific's leading independent media organisation dedicated to reporting on sustainable development and responsible business in the region.

12:52

Is A Major Credit Squeeze And Credit Freeze Headed Our Way? (Video) The Daily Coin

Is A Major Credit Squeeze And Credit Freeze Headed Our Way? Video X22 Report Morgan Stanley warns the tech bubble can burst at any moment and it will bring down the rest of the market. The credit economy will...

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12:50

GATA asks bank regulator to check risks of gold futures maneuver The Daily Coin

GATA asks bank regulator to check risks of gold futures maneuver by Chris Powell GATA Dear Friend of GATA and Gold: GATA has appealed to the U.S. comptroller of the currency, who has regulatory authority over banks, to review...

The post GATA asks bank regulator to check risks of gold futures maneuver appeared first on The Daily Coin.

12:46

DiGenova & Toensing Rip Gowdy & Ryan, 2276 The Still Report

This is a paid sponsorship by: - Cerule - makers of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.StemCellintern.com Good morning, Im still reporting on: Synopsis: Support Our Sponsors: - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Cerule - makers of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.StemCellintern.com -Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the Still Report, the quintessential report on the economy and Washington. Connect with Bill Still: https://www.youtube.com/user/bstill3 https://plus.google.com/u/0/+BillStill http://billstills.blogspot.in/ https://twitter.com/billstill https://www.facebook.com/TheStillReport https://www.pinterest.com/billstills/ https://www.linkedin.com/in/billstill http://billstills.tumblr.com/ https://billstills.wordpress.com/ https://www.diigo.com/profile/billstill https://www.reddit.com/user/billstills/ http://www.stumbleupon.com/stumbler/billstillss Consider becoming a Patreon sponsor: https://www.patreon.com/user?u=3204630 https://youtu.be/dR7gZE99_0U

12:30

Bilderberg 2018 Final Day Report Harassed Mid Interview For Typical And Fitting Ending (Video) The Daily Coin

Bilderberg 2018 Final Day Report Harassed Mid Interview For Typical And Fitting Ending Video Press for Truth Filming in Italy is not the easiest thing to do especially on Bilderberg weekend when tensions are high and power trips are...

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12:19

Anthony Bourdain: Weinstein, Clinton, & Palestine Political Vel Craft

Our hearts and condolences are with #AnthonyBourdains family, friends, and colleagues. He will be remembered for opening our palettes, minds, and hearts through food, dialogue, and compassion in our shared humanity. One such example was his Parts Unknown episode addressing the Israeli-Palestinian divide for which we recognized Anthony in 2014 as a voice of courageContinue reading "Anthony Bourdain: Weinstein, Clinton, & Palestine"

12:19

Why CEOs need to become activists in sustainability Eco-Business

Digital opinion analysis points to a demand from consumers for CEOs to take a stand on social issues of global implication. Could this signal a new age of a race to the top in corporate sustainability commitments? Clarissa Watson writes.

12:05

Not just for coffee: Cinnamon found to have potent anti-cancer effects in latest research The Daily Coin

Not just for coffee: Cinnamon found to have potent anti-cancer effects in latest research by: Michelle Simmons  Natural News A study published in BMC Complementary and Alternative Medicine has established that Cinnamomum cassia, or more commonly known as Chinese cinnamon, has been found to...

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11:40

Led by Brazil, South Africa EM currencies tumble The Daily Coin

Led by Brazil, South Africa EM currencies tumble from The BRICS Post Despite assurances from Brazilian President Michel Temer that the currency real was not in crisis devaluation, it slipped further on Friday as one of the worst performers among...

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11:15

Crisis in Armenia and Balance of Power in South Caucasus (video) The Daily Coin

Crisis in Armenia and Balance of Power in South Caucasus Video South Front Video Source

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11:02

Scammed By The SwampThe USDA Check-Off Is Far More Damaging Than Canadas Milk Tariff David Stockman's Contra Corner

The dairy checkoff program is funded by what amounts to a 1 percent tax on raw milk sold at current prices the federal government strips 15 cents from dairy farmers for every 100 pounds of dairy sold to fund the program. Dairy farmers collectively paid $332 million into the checkoff in 2016 alone, according to the GAO.

 

 

 

http://dailycaller.com/2018/06/10/got-milk-usda-scam/

10:50

Why hit pieces should be ignored by our Community The Daily Coin

Why hit pieces should be ignored by our Community by The Saker One of the reasons why I initially started an anonymous blog was to focus on ideas, values, not personalities.  And now that my identity is widely known, I...

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10:25

China is in Trouble The Daily Coin

China is in Trouble by Ronald-Peter Stferle & Mark J. Valek Mises Before we discuss the economic situation of China, a few words about Chinas strongman, Xi Jinping. The new Chinese emperor has engineered a meteoric rise. He started off as...

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10:00

Complete Mexico Gold Bullion Restrikes (Video) The Daily Coin

Complete Mexico Gold Bullion Restrikes Video salivate metal Sal says YES! I know i have dirt under my nails. I was working in the yard before this. So, sue me. Video Source

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09:40

In The Western World Truth Is An Endangered Species: Come To Its Support PaulCraigRoberts.org

In The Western World Truth Is An Endangered Species: Come To Its Support

Paul Craig Roberts

Nowhere in the Western world is truth respected. Even universities are imposing censorship and speech control. Governments are shutting down, and will eventually criminalize, all explanations that differ from official ones. The Western world no longer has a print and TV media. In its place there is a propaganda ministry for the ruling elite.

Whistleblowers are prosecuted and imprisoned despite their protection by federal statue. The US Department of Justice is a Department of Injustice. It has been a long time since any justice flowed from the DOJ.

The total corruption of the print and TV media led to the rise of Internet media such as Wikileaks, led by Julian Assange, a prisoner since 2012.
Assange is an Australian and Ecuadorian citizen. He is not an American citizen. Yet US politicians and media claim that he is guilty of treason because he published official documents leaked to Wikileaks that prove the duplicity and criminality of the US government.

It is strictly impossible for a non-citizen to be guilty of treason. It is strictly impossible under the US Constitution for the reporting of facts to be spying. The function of the media is to expose and to hold accountable the government. This function is no longer performed by the Western print and TV media.

Washington wants revenge and is determined to get it. If Assange were as corrupt at the New York Times, Washington Post, CNN, National Public Radio, MSNBC, etc., he would have reported the leaker to Washington, not published the information, and retired as a multi-millionaire with Washingtons thanks. However, unfortunately for Assange, he had integrity.

Integrity today in the Western world has no value. You cannot find integrity in the government, in the global corporations, in the universities and schools, and most certainly not in the media.

After leaving Assange, an Australian citizen, to Washingtons mercy since 2012, belated pro-Assange protests in Australia forced the US vassal state to come to Assanges aid before the new corrupt president of Ecuador sells him to Washington for multi-millons of dollars by revoking his asylum.

When the story was printed in the Sydney Morning Herald, the incompetent or brainwashed, or bought-and-paid-for journalist, Nick Miller, wrote:

Assange entered the embassy on June 19, 2012, after he had exhausted his appeals against an extradition order to go to Sweden to face rape and sexual assault allegations. Swedish authorities have since closed their investigation, saying it couldnt continue without Assanges presence in their country. https://www.smh.com.au/world/europe/australian-officials-spotted-in-mysterio...

09:35

5 Facts Proving They Are Coming For Your Guns Is Not A Conspiracy Theory The Daily Coin

5 Facts Proving They Are Coming For Your Guns Is Not A Conspiracy Theory By Rachel Blevins The Free Thought Project While gun control advocates say they just want common sense legislation, all signs point towards a push for...

The post 5 Facts Proving They Are Coming For Your Guns Is Not A Conspiracy Theory appeared first on The Daily Coin.

09:10

Country Time Stands Up to Arcane Laws Against Kids Lemonade Stands The Daily Coin

Country Time Stands Up to Arcane Laws Against Kids Lemonade Stands by Aaron Kesel  Activist Post Popular lemonade brand under Kraft Heinz, Country Time, is taking a stand for lemonade stands and pledging to help kids cover the costs of city...

The post Country Time Stands Up to Arcane Laws Against Kids Lemonade Stands appeared first on The Daily Coin.

08:45

Only One Way to Clean Out The DOJ (Video) The Daily Coin

Only One Way to Clean Out The DOJ Video Bill Still Judge Jeanine interviewed Rep. Darrell Issa tonight. The sad truth is that there is only one way to clean out the corruption in the DOJ and FBI, and...

The post Only One Way to Clean Out The DOJ (Video) appeared first on The Daily Coin.

08:20

Debt Clock Ticking The Daily Coin

Debt Clock Ticking by John Mauldin Mauldin Economics Too Many Trillions Rapid Maturity Leverage Plus Leverage Circling Vultures NYC, St. Louis, Maine, Beaver Creek, Cleveland, Gloucester, and Newport Rather go to bed without dinner than to rise in debt....

The post Debt Clock Ticking appeared first on The Daily Coin.

07:55

The Philosophy Of Tiny House Living Things To Consider Before Going Tiny The Daily Coin

The Philosophy Of Tiny House Living Things To Consider Before Going Tiny BY M.D. CREEKMORE Have you ever dreamed of living in a tiny house? Maybe youve seen HGTVs Tiny House, Big Living and Tiny House Hunters where they profile...

The post The Philosophy Of Tiny House Living Things To Consider Before Going Tiny appeared first on The Daily Coin.

07:45

Soros Slams Schoolmarm Clinton, Says Ultimate Narcissist Trump Will Destroy The World The Daily Coin

Soros Slams Schoolmarm Clinton, Says Ultimate Narcissist Trump Will Destroy The World from ZeroHedge Fresh off a series of losing California DA races that ran into a brick wall, Hungarian-born billionaire George Soros sat down for an interview with the...

The post Soros Slams Schoolmarm Clinton, Says Ultimate Narcissist Trump Will Destroy The World appeared first on The Daily Coin.

07:30

President Trump, BLS & MSM Still Lying About The US Economy? (Video) The Daily Coin

President Trump, BLS & MSM Still Lying About The US Economy? Video Wall St for Main St The BLS (Bureau of Labor Statistics) released its hey man, lots of jobs open report last week. The problem is that the...

The post President Trump, BLS & MSM Still Lying About The US Economy? (Video) appeared first on The Daily Coin.

07:05

Transhumanism and Terraforming Are Making the Planet Uninhabitable The Daily Coin

Transhumanism and Terraforming Are Making the Planet Uninhabitable by Dave Hodges The Common Sense Show TDC Note Fukushima is an ELE extinction level event and we have been reporting as such since March 2011. We did a...

The post Transhumanism and Terraforming Are Making the Planet Uninhabitable appeared first on The Daily Coin.

06:40

When, Where, and How Will the Empire Strike Back? The Daily Coin

When, Where, and How Will the Empire Strike Back? by JAMES GEORGE JATRAS Strategic-Culture In any analysis of contemporary international politics it pays to be cautiously pessimistic. As the default mode one can generally expect that any way in...

The post When, Where, and How Will the Empire Strike Back? appeared first on The Daily Coin.

06:15

GoldSeek Radio w/ MARTIN ARMSTRONG & CHRIS MARTENSON (Video) The Daily Coin

GoldSeek Radio w/ MARTIN ARMSTRONG & CHRIS MARTENSON Video Both interviews are very gold heavy! Market update for the first gold mining stocks info, Martin Armstrong begins at the 7:07 mark Chris Martenson begins at the 29:09 mark Video...

The post GoldSeek Radio w/ MARTIN ARMSTRONG & CHRIS MARTENSON (Video) appeared first on The Daily Coin.

05:57

The loudest apologists for global neoliberalism TheMoneyIllusion

Back in 2016, the Trumpistas told us that the economy was a disaster.  Trump himself talked of economic carnage in his inaugural address.  When people pointed out that unemployment had recently fallen from 10% to 4.6%, they said those numbers were meaningless, and that the actual unemployment rate was as high as 30% or more.  We were told that the real issue was the huge trade deficit, which was decimating the American economy.  Those who pointed to phony unemployment data and ignored the trade deficit were nothing more than apologists for global neoliberalism.

Today the Trumpistas insist that the economy is in superb shape even though, as Tyler Cowen points out in a recent post, imports are surging and the trade deficit is getting larger.

I actually dont have any big problem with Trumpistas saying the economy is in good shape, as long as they acknowledge that they have become the loudest apologists for global neoliberalism.  If they arent willing to acknowledge that fact, then what basis do they have to insist that the economy is in great shape?  RGDP growth?  It was just as fast around 2014-15.  Unemployment?  It fell from 10% to 4.6% even before Trump was elected.  Stocks?  They soared dramatically higher under Obama.  The big Trump issue is and always has been the trade deficit.  Thats how he wants to be judged, and thats how Ill judge him.

So Trumpistas should either take credit for continuing Obamas policy of selling out to global neoliberalism with a policy of big trade deficits, falling unemployment, and soaring stock prices, or else keep their mouths shut.

PS.  The Financial Times makes the following claim:

Even if Mr Trump were gone tomorrow, nobody today in the US could run for president and win on a lets go back to the 1990s platform. Laissez-faire trade and globalisation in general are under fire in the US (as well as in Europe and any number of developing countries).

Where is the evidence for this claim?  Why cant we go back to the 1990s?  Polls show that support for free trade agreements is stable over time, and that young people and minorities are far more supportive of free trade than older people.  Why is it assumed that our future is inevitably more protectionist?  Arent the young and minorities our future?

...

05:50

Israel Completely Owns America We Are A Subject People The Daily Coin

Israel Completely Owns America We Are A Subject People from Paul Craig Roberts Israels Attack on the USS Liberty: A Half Century Later, Still No Justice Posted By Jeffrey St. Clair On June 8, 2018 @ 1:56 am...

The post Israel Completely Owns America We Are A Subject People appeared first on The Daily Coin.

05:47

Is wealth good? TheMoneyIllusion

Studies suggest that people with higher incomes tend to be happier.  But of course that tells us nothing about causation.  It seems plausible that people who have their act together are both happier and richer, for reasons relating to their personal characteristics.  Thus economists are interested in studies of happiness that look at the effect of an exogenous increase in wealth.

Tyler Cowen recently linked to a study of Swedish lottery winners, and summarized the results as follows:

In other words, it is good to have more money.

Thats a plausible interpretation of the study, but not the only one.  After all, its not easy to measure good.  Heres how the authors summarize their findings:

We find that the long-run effects of wealth vary depending on the exact dimension of well-being. There is clear evidence that wealth improves peoples evaluations of their lives as a whole. According to our estimate, an after-tax prize of $100,000 improves life satisfaction by 0.037 standard-deviation (SD) units. We find no evidence that the effect varies by years-since-win, suggesting a limited role for hedonic adaptation over the time horizon we analyze. Our results suggest improved financial circumstances is the key mechanism behind the increase in life satisfaction. In contrast, the estimated effects on our measures with a stronger affective component happiness and an index of mental health are smaller and not statistically distinguishable from zero.

To explain my reservations, Im going to have to do a long digression into pop philosophy.  Lets start with Tylers use of the term good.  I believe good to be the most important word in the English language, and indeed in the end is the only thing that matters at all (along with negative good, i.e. bad.)  I define good as positive mental states and bad as negative mental states.  I use the phrase positive mental states to incorporate the reservations people have with crude utilitarianism.  Thus a term like happiness often connotes hedonism, whereas I have something in mind that also allows for deeper forms of good, such as the satisfaction one gets from doing charity, or writing a great novel, or seeing your child do well.  It also allows for more disreputable forms of positive mental states, such as the Nietzschean (or Trumpian) thrill that some people get in exercising power over others.  So in my view, mental states are all that matters.

On the question of whether having money makes people bett...

05:33

When Trump Met Fibonacci. And Won. The Automatic Earth

Edourd Manet A Bar at the Folies-Bergre 1882   Something curious happened during the Trump love fest at the G7 over the weekend. And I dont think many people would have got it. In fact the entire western press, far as I could see, were blaming Trump for the dissolution of the treaties and whatall

The post When Trump Met Fibonacci. And Won. appeared first on The Automatic Earth.

05:25

While the clowns come together in Quebec for the G-7 this weekend, real things are getting accomplished in Asia at the SCO Summit The Daily Coin

While the clowns come together in Quebec for the G-7 this weekend, real things are getting accomplished in Asia at the SCO Summit by Ken Schortgen, Jr. The Daily Economist Nothing spells out chaos and turmoil better than the expectations...

The post While the clowns come together in Quebec for the G-7 this weekend, real things are getting accomplished in Asia at the SCO Summit appeared first on The Daily Coin.

05:00

RAW: Clashes erupt at free Tommy Robinson march in London (Video) The Daily Coin

RAW: Clashes erupt at free Tommy Robinson march in London Video TDC Note Can you say agent provocateur? Sure you can. #### Thousands of protesters took to the streets of central London on Saturday to demand the release of...

The post RAW: Clashes erupt at free Tommy Robinson march in London (Video) appeared first on The Daily Coin.

05:00

As cities go smart, vulnerable populations are pushed further to the margins Eco-Business

WASHINGTON, DC/SAN FRANCISCO - Around the world, governments are making cities "smarter" by using data and digital technology to build more efficient and livable urban environments. This makes sense: with urban populations growing and infrastructure under strain, smart cities will be better positioned to manage rapid change.

04:42

This is How a Society Implodes Stories by umair haque on Medium

How a Great and Mighty Empire Made Itself Low, Poor, and Little

I want to tell you a story about a great and noble society that collapsedbut didnt even know it, until it was too late. It will be a sad story, in a way, but also a funny and strange one.

The people of this land, which had become a mighty and proud empire, believed above all in one thing. In cruelty. Cruelty deep, constant, and abiding. Their way of life, somehow, had become being hostile to one another, depriving each other, not supporting each other. How much so? We will see in just a moment. First, you might laugh at that, but their logic went like this: people could and should be punished into becoming their better selves. And being your better self meant being the most ruthless, merciless, unscrupulous, and cunning person that you could be, not the most, say, intelligent, gentle, wise, or forgivingfor that was the kind of person who would be rich, admired and celebrated.

Now. One day, their President told this nations closest alliesgood and gentle peoplethat they stabbed him the back and betrayed him, after insulting the worlds leaders, like a petulant, angry child.

This was just the very day after its Congress voted to take away healthcare from children. Can you think of another society in human history that wanted its own kids deadespecially a rich one? I cant. There havent been any.

Meanwhile, life expectancy was plummetingfalling by a year, every year. The average person was spending half of his income on healthcarehealthcare that barely covers illness, medicine, or disease. That amount was rising by double digits every single year. And so the people of this society sometimes chose, quite literally, to dieinstead of to bankrupt their families. Or they simply died anywaysbecause they couldnt afford basic medicines, which cost them thousands, that people in even the worlds poorest countries were provided for pennies. Crueltyremember?

They were becoming poorbut in a new and striking way. Incomes had been stagnant for half a century, in this nation. The people who made society go, teachers, nurses, engineers, could barely make ends meet. While those who did nothing, really, except find clever ways to cheat, like hedge funds, banks, lawyers who hide fortunes in secret bank accounts, made billions. That is cruelty, tooonly of a hidden kind.

If you cant earn, you cant save. Hence, the average person had less than two weeks income in savings. But the cost of livingeducation, food, medicinewas skyrocketing. So the average person went into debt, which kept him working mercilessly. And so because he was constantly threatened by losing it all, he worked and worked, overworked, never vacationed, living a life of unrelenting stress and pressure and misery.

Because the average...

04:40

April 2000 Redux? The Tech Bubble Can Burst At Any Moment, Without Warning David Stockman's Contra Corner

the big risk is as in 1998, that credit tremors spread and investors forced to deleverage from risk assets, raise cash, while the biggest risk is a quick, deep tech selloff.  Or, as Bloombergs Andrew Cinko put it on Friday it, if the times get tough and investors must delever they will sell what they own, and that those who are rotating to financials and banks this week and away from tech may simply be trading the frying pan for the fire.

 

https://www.zerohedge.com/news/2018-06-10/morgan-stanley-tech-bubble-can-burst-any-moment-without-warning

04:35

All US Homes Are Overvalued The Daily Coin

All US Homes Are Overvalued by Ral Ilargi Meijer  The Automatic Earth My long time pal Jesse Colombo, now at Real Investment Advice, recently linked on Twitter to a Zero Hedge article, which quoted CoreLogic as saying more than half of...

The post All US Homes Are Overvalued appeared first on The Daily Coin.

04:25

What % Of US Homes Are Overvalued? Thanks Fed, All Of Them! David Stockman's Contra Corner

Well, CoreLogic is way off. All American homes are overvalued. How can we tell? Its easy. Its so easy its perhaps no wonder that people overlook the reasons why. But we all know them: The Fed has pushed some $20 trillion down the throats of the financial system. It has also lowered interest rates to near zero Kelvin. Then the government added a relaxation of lending standards and an upward tweak of credit scores.

https://www.theautomaticearth.com/2018/06/allus-homes-are-overvalued/

04:25

Amy Chozicks Chasing Hillary: A Scoop, a Missed Story, and Life in the 10% naked capitalism

The high points of Amy Chozick's book on covering the 2016 Clinton campaign.

04:10

ITALY, HYPERINFLATION AND GOLD The Daily Coin

ITALY, HYPERINFLATION AND GOLD by Egon von Greyerz Gold Switzerland The ECB (European Central Bank) just had its 20th birthday. But there is really nothing to celebrate. The EU is in a total mess and the Euro which was...

The post ITALY, HYPERINFLATION AND GOLD appeared first on The Daily Coin.

03:45

Top Democratic 2020 Presidential Candidate CONFRONTED At Bilderberg (Video) The Daily Coin

Top Democratic 2020 Presidential Candidate CONFRONTED At Bilderberg Video We Are Change In this video, Luke Rudkowski of WeAreChange brings you an epic confrontation with new Bilderberg Golden Boy John Hickenlooper the current Governor of Colorado. Many believe Hickenlooper...

The post Top Democratic 2020 Presidential Candidate CONFRONTED At Bilderberg (Video) appeared first on The Daily Coin.

03:20

Make Your Home Impenetrable Even During Power Outages The Daily Coin

Make Your Home Impenetrable Even During Power Outages by: Travis P  Off the Grid News Would you like to make your home impenetrable without using any electricity at all? If so this may be one of the most important articles...

The post Make Your Home Impenetrable Even During Power Outages appeared first on The Daily Coin.

02:55

The Best 9mm Ammo for Self-Defense The Daily Coin

The Best 9mm Ammo for Self-Defense from The Survivalist Blog As of 2018, thanks to continuing research in wound ballistics and ongoing advancements in the fields of projectile science and manufacturing, the 9mm Parabellum is currently viewed by many professionals...

The post The Best 9mm Ammo for Self-Defense appeared first on The Daily Coin.

02:46

Jims Mailbox Jim Sinclair's Mineset

but not precious metals? Courtesy of JB. Bill When the Reset comes there will be no room for a public virtual coin. Jim WSJ: CME and BTC Exchange Dispute Led US Regulators to Open Price Manipulation Probe June 9, 2018 Regulators from the US Commodity Futures Trading Commission (CFTC) reportedly demanded extensive trading data from... Read more

The post Jims Mailbox appeared first on Jim Sinclair's Mineset.

02:30

Gold or Silver Right or Wrong Good Or Bad (Video) The Daily Coin

Gold or Silver Right or Wrong Good Or Bad Video smaulgld Video Source

The post Gold or Silver Right or Wrong Good Or Bad (Video) appeared first on The Daily Coin.

02:05

Why HBOs Bill Maher Is Rooting For An Economic Collapse: One Way You Get Rid Of Trump Is A Crashing Economy The Daily Coin

Why HBOs Bill Maher Is Rooting For An Economic Collapse: One Way You Get Rid Of Trump Is A Crashing Economy by Michael Snyder The Economic Collapse Blog How many others among the elite are thinking the exact same...

The post Why HBOs Bill Maher Is Rooting For An Economic Collapse: One Way You Get Rid Of Trump Is A Crashing Economy appeared first on The Daily Coin.

02:00

Im Going ALL-In! Future Money Trends

Its Time: Lets Seize the Moment and Deliver!

Dear Reader,

The most important company Ive ever had the chance to invest in at its launch is about to happen!

In my opinion, becoming an early shareholder in this company can potentially erase all the investment mistakes youve ever made!

When it comes to speculating in start-ups, we position ourselves with the right people and projects and seek to add commas to our net worths.

This is exactly what I plan to do with the coming launch of Globalive Technologies (TSXV: LIVE).

The company is expected to begin trading this week!

I want you to get to know the management team and the people we are going to suggest you partner with by becoming a shareholder in their new company.

It will be the first to market applying both blockchain tech and artificial intelligence (AI).

Its headed up by one of the most serious wealth builders in all of Canada

He took on the telecommunications giants last decade and won, selling his company, WIND Mobile, to Shaw for $1.6 billion!

His name is Anthony Lacavera, and I suggest you start doing your homework now.

In the past two weeks, hes been interviewed by Canadas Bloomberg News.

Hes honestly one of the greatest entrepreneurs of our time, taking on two of the most important technologies that are going to change and revolutionize our world.

Here are some links to start your own due diligence in what I believe wil...

01:40

Steve Quayle: Elites Want Death and Destruction of All Humanity The Daily Coin

Steve Quayle: Elites Want Death and Destruction of All Humanity by Greg Hunter USA Watchdog Radio legend, filmmaker and prolific published book author Steve Quayle says what is going on in the news you see is simply cover for...

The post Steve Quayle: Elites Want Death and Destruction of All Humanity appeared first on The Daily Coin.

01:24

Sunday assorted links Marginal REVOLUTION

1. What makes a country good at soccer?  (The Economist)

2. The Coasean Koreas.  Important.

3. The language of Mister Rogers.

4. The 43% of Democrats who say the U.S. benefits from having a class of rich people is down significantly from six years ago, and Democrats remain much more negative than either Republicans or independents about the impact of a rich class.  Amazing.

5. Does musical paralysis set in after age 28? (not for me)

6. The successes of Nigerian-Americans.

The post Sunday assorted links appeared first on Marginal REVOLUTION.

01:15

Face To Face CONFRONTING Bilderberg Members (Video) The Daily Coin

Face To Face CONFRONTING Bilderberg Members Video We Are Change In this video, Luke Rudkowski of WeAreChange confronts the men and women attending arguably the worlds most powerful and secretive conference. Bilderberg members make outlandish claims like there is...

The post Face To Face CONFRONTING Bilderberg Members (Video) appeared first on The Daily Coin.

00:50

Selcos SHTF Anthology The Daily Coin

Selcos SHTF Anthology by Daisy Luther The Organic Prepper TDC Note Selco lived through a multi-year SHTF scenario war in his neighborhood. If you have read his stories over the years then you already understand there was...

The post Selcos SHTF Anthology appeared first on The Daily Coin.

00:25

Why Venezuela and Syria Cannot Fall The Daily Coin

Why Venezuela and Syria Cannot Fall Author: Andre Vltchek  Journal-NEO Despite tremendous hardship which the Venezuelan people are having to face, despite the sanctions and intimidation from abroad, President Nicols Maduro has won a second six-year term. Two weeks ago, at...

The post Why Venezuela and Syria Cannot Fall appeared first on The Daily Coin.

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