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Tuesday, 21 November

00:11

Roy Moore Fundraising Soars, 1895 The Still Report

Wealth365 Summit - Largest Online Financial Conference, Jan. 15-20. SIGN UP NOW! Call them at: 262-299-6200; or Go to: Wealth365.com/bill to register for FREE. Good morning, Im still reporting on: Roy Moore Fundraising Soars, 1895 Synopsis: Fundraising for Judge Roy Moore skyrocketed last week as his latest attacker has not turned over her high school annual for professional handwriting analysis. The reason, of course, is because it is a total fraud. Judge Moore never signed it. According to campaign chairman Bill Armistead: We have raised more in the last six days online than the total raised online since the runoff Sept. 26. Despite the fact that Judge Moore has had RNC and NRSC funding cut off thanks to Senate Majority Leader Mitch McConnell, fundraising has topped six figures for several days in a row, putting Democrats that Moore is back in the race. Although some pollsters still show Moores Democrat opponent, Doug Jones, with a slight lead, no doubt, that is because they are still skewing their polls to try to influence of the race, rather than honestly report on shifts in public sentiment. The election will be held on Dec. 12. You can rest assured that in the last few days of this race, the results will shift in favor of Judge Moore dramatically as the unfair skews currently still being applied to make it appear that the Democrat is in the lead, will be gradually taken away so that in the end the pollsters wont be too, too embarrassed by the results. Of course, the MSM will pretend until Dec. 13 that they never heard about the destruction of Moores accusers fabricated accusations. No, the MSM will beat the drum for the Democrat to the end. Heres a good example from yesterdays Daily Mail which is breathlessly covering events for all the anti-Trumpers in the UK: Progressive pastors say Roy Moore unfit for US Senate. Well, yesterday dozens yes DOZENS of so-called progressive pastors signed a letter saying Moore is unfit to serve. So dozens might mean lets say - 13 pastors. But guess how many churches there are in all of Alabama? 12,833. Support Our Sponsors: - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - Nobel Gold: Protect Your Money With Gold - Click Here- https://goo.gl/kx2yzW Or Call - 877-646-5347 - Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - SeaShell Diamond Gallery, Custom Fine Jewelry Made in Hawaii. 808-338-9988; https://www.SeaShellDiamondGallery.com - PrepareWithBill - Food Storage You Can Depend On. 888-756-8727 https://preparewith.com/Bill.Still - Kangen Water, ionized, alkaline water, Call Tom @ 843-729-7837, website: https://www.TopShelfWater.com Still Repor...

00:10

Silver Market Update The Daily Coin

Silver Market Update by Clive Maund At the same time that gold broke out of a coiling pattern to the upside on Friday, silver broke out of a Symmetrical Triangle pattern shown on its 6-month chart below. Volume was lacking...

The post Silver Market Update appeared first on The Daily Coin.

00:10

NY Gov. Cuomo Ignored Sex Assault by Aide, 1896 The Still Report

- SeaShell Diamond Gallery, Custom Fine Jewelry Made in Hawaii. 808-338-9988; https://www.SeaShellDiamondGallery.com Good morning, Im still reporting on: NY Gov. Cuomo Ignored Sex Assault by Aide, 1896 Synopsis:Heres what a real sexual harassment complaint looks like. Lisa Marie Cater a former DMV employee in upstate New York, has just filed a lawsuit against New York Gov. Cuomo for refusing to act on 6 sexual assault charges she made against his buddy, Sam Hoyt, the former regional president of Empire State Development Corp. Cater complained to the Governors office no less than six times about Hoyt, but was met with deliberate indifference. Sam Hoyt grew up in New York politics. He took over his late fathers New York State Assembly seat in 1992. While a 41-year-old lawmaker, Hoyt, was caught having an affair with a 23-year-old student intern in 2008. Despite his history, Cuomo appointed his fellow Dem to the lucrative economic development position in 2011. In 2015, Cater was the victim of domestic abuse and Hoyt got her the DMV secretarial job at a salary of $30,000. According to Cater: He hung this job over my head. I felt like a possession of his. One day, Hoyt rang her doorbell at home when she opened the door, he groped her, kissed her and left her in a state of shock. Fearful that she would lose her job, she adopted a go-along to get along attitude. But there was no stopping Hoyt. He called, emailed and texted her daily, even when he was vacationing with his wife. The 5-foot-10 Cater once received a nude photo of the 5-foot-7 Hoyt. Cater began to shake uncontrollably after receiving it, her suit states. Cater feared Hoyts instability and anger. She started trying to contact Hoyts boss, the governor, to get some relief. Support Our Sponsors: - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - Nobel Gold: Protect Your Money With Gold - Click Here- https://goo.gl/kx2yzW Or Call - 877-646-5347 - Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - SeaShell Diamond Gallery, Custom Fine Jewelry Made in Hawaii. 808-338-9988; https://www.SeaShellDiamondGallery.com - PrepareWithBill - Food Storage You Can Depend On. 888-756-8727 https://preparewith.com/Bill.Still - Kangen Water, ionized, alkaline water, website: https://www.TopShelfWater.com Wealth365 Summit - Largest Online Financial Conference, Jan. 15-20. SIGN UP NOW! Call them at: 262-299-6200; or Go to: Wealth365.com/bill to register for FREE. 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...

00:05

Judge Jeanine Blasts Jeff Sessions, 1894 The Still Report

- PrepareWithBill - Food Storage You Can Depend On. 888-756-8727 https://preparewith.com/Bill.Still Good morning, Im still reporting on: Judge Jeanine Blasts Jeff Sessions, 1894 Synopsis: Judge Jeanine Pirro blasted the Clintons and their Uranium One deal, but mostly from the aspect of why hasnt the Attorney General done something about it all. [insert : up to you should now.] This is the second time in a week that I have not agreed completely with Judge Jeanine. The first time was when she came out against Judge Roy Moore. I think Judge Pirro just got swept up in a tidal wave of opinion when the herd led by Mitch McConnell turned on Judge Moore. At this point, the evidence is clear that Judge Moore has been vindicated. But this second difference of opinion puts me out on an even more tenuous limb. This opinion will be counter to what most of you believe. I watched the entire Sessions appearance before the House Judiciary committee this week up until their break for a vote and lunch. I saw all the clips she just used of the various congress-folk all good people, interrogating Sessions - and although I know I could easily be wrong, Im thinking hoping that Sessions has this under control. I sympathize with Sessions because he is like myself not a good extemporaneous speaker when under any sort of pressure. [insert: I dont know what the problem is to Why isnt this in front of a grand jury?] Your Honor, with respect - but how do you know that it is not in front of a grand jury? Grand juries are typically conducted in secret.bb What if we are just so used to having a Justice Department which does everything wrong, that we arent being patient enough when things are being done right. There are rumors out there that 842 sealed indictments were issued by the Justice Department between Oct. 30 through November 10th. Of those, 323 are in California yup, thats a whopping 38%. If you throw in Washington, D.C., Maryland, and Northern Virginia where over 90% of the swamp-dwelling lobbyists live, thats an additional 15% of the total. If you throw in the New York City area and the Philadelphia area, thats another 138 sealed indictments, or 16% of the total. So, those 4 areas would represent 70% of these rumored indictments. Support Our Sponsors: - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - Nobel Gold: Protect Your Money With Gold - Click Here- https://goo.gl/kx2yzW Or Call - 877-646-5347 - Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - SeaShell Diamond Gallery, Custom Fine Jewelry Made in Hawaii. 808-338-9988; https://www.SeaShellDiamondGallery.com - PrepareWithBill - Food Storage You C...

00:03

Trump Decreases Debt to GDP Ratio by more than 1%, 1893 The Still Report

- Trade Genius Academy: Learn the safe, sure way to trade. See our Black Friday Specials. https://www.TradeGeniusAcademy.com Good morning, Im still reporting on: Trump Decreases Debt to GDP Ratio by more than 1%, 1893 Synopsis: Good news on the economy. The Atlanta Fed announced yesterday that the 4th quarter GDP estimate shows growth jumped to an annualized 3.4%. The US Gross Domestic Product has increased each quarter in 2017, with 3rd quarter GDP Up to an annualized 19.5 Trillion dollars. On the other side of the debt-to-GDP ratio, President Trump has curtailed US spending. The result is that US debt-to-GDP ratio has decreased year to date from 105% to 104% No president in more than 50 years has decreased the debt-to-GDP ratio in his first year by more than 1%. The last president to do so was Nixon in 1969. Presidents Reagan and George W. Bush decreased the debt-to-GDP ratio in their first years in office, but by less than 1%. President Obama increased the debt-to-GDP ratio his first year by 15% and over his 8 years in office by 37%. Im still reporting from the one-time free speech capitol of the world. Good day. Support Our Sponsors: - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - Nobel Gold: Protect Your Money With Gold - Click Here- https://goo.gl/kx2yzW Or Call - 877-646-5347 - Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - SeaShell Diamond Gallery, Custom Fine Jewelry Made in Hawaii. 808-338-9988; https://www.SeaShellDiamondGallery.com - PrepareWithBill - Food Storage You Can Depend On. 888-756-8727 https://preparewith.com/Bill.Still - Kangen Water, ionized, alkaline water, Call Tom @ 843-729-7837, website: https://www.TopShelfWater.com 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...

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Monday, 20 November

23:50

Greyerz Says One Of The Two Largest Banks In Switzerland Just Refused To Hand Over Clients Physical Gold. Even More Surprising Is What The Client Did Next The Daily Coin

Greyerz Says One Of The Two Largest Banks In Switzerland Just Refused To Hand Over Clients Physical Gold. Even More Surprising Is What The Client Did Next from King World News Its happened again. For the third time in the...

The post Greyerz Says One Of The Two Largest Banks In Switzerland Just Refused To Hand Over Clients Physical Gold. Even More Surprising Is What The Client Did Next appeared first on The Daily Coin.

23:41

Judge Moores Signature Exposed - a Naked Forgery, 1892 The Still Report

- Virtual Shield VPN - the easiest way to create a home VPN. See the Black Friday SPECIAL, 20% OFF - Go to: https://www.virtualshield.com/billstill Good morning, Im still reporting on: Judge Moores Signature Exposed - a Naked Forgery, 1892 Synopsis: The mystery behind the initials D.A. appended to Judge Roy Moores signature on his legal decisions have been cleared up. D.A. are the initials of his longtime legal secretary, Delbra Adams. The revelation, which came yesterday crushed Democrat hopes of taking Moore out of the Dec. 12th race to replace Sen. Jeff Sessions vacated seat. Delbra Adams worked for Moore for 13 years. She told Breitbart yesterday that she never saw or experienced any inappropriate conduct towards women. I think hes a good man. I dont believe any of this. I never saw anything like that out of him. Adams initials D.A. were mistakenly thought to be a part of Judge Moores name by someone amateurishly forging his signature in the high school yearbook of Moores latest accuser, Beverly Nelson. Nelson had a copy of Judge Moores signature because incredibly, he was the judge in her divorce, so she naturally had a copy of those divorce papers. Watch Gloria Allred being grilled about this by a real reporter who somehow became employed at MSNBC: [insert] Support Our Sponsors: - Virtual Shield VPN - the easiest way to create a home VPN. See the Black Friday SPECIAL, 20% OFF - Go to: https://www.virtualshield.com/billstill - Nobel Gold: Protect Your Money With Gold - Click Here- https://goo.gl/kx2yzW Or Call - 877-646-5347 - Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - SeaShell Diamond Gallery, Custom Fine Jewelry Made in Hawaii. 808-338-9988; https://www.SeaShellDiamondGallery.com - PrepareWithBill - Food Storage You Can Depend On. 888-756-8727 https://preparewith.com/Bill.Still - Kangen Water, ionized, alkaline water, Call Tom @ 843-729-7837, website: https://www.TopShelfWater.com 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,...

23:30

WARNING SIGNS OF THE GLOBAL CURRENCY RESET (Video) The Daily Coin

WARNING SIGNS OF THE GLOBAL CURRENCY RESET Video Kenneth Storey The weekly Investment club is presented by www.InvestingwithInsight.net at 10 AM, Saturdays, at the Morningstar Conference Center in Fort Mill, SC Hosted by Ken & Valerie Storey Video Source

The post WARNING SIGNS OF THE GLOBAL CURRENCY RESET (Video) appeared first on The Daily Coin.

23:30

Money and Markets Infographic Shows Silver Most Undervalued Asset Max Keiser and Stacy Herbert

Money and Markets Infographic Shows Silver Most Undervalued Asset

Silver remains severely under owned and under valued asset
Entire silver market worth tiny $100 billion shown in one tiny square
All of the Worlds Money and Markets in One Visualization

Must see Money and Markets infographic shows relative size of key markets: silver bullion, gold bullion, cryptocurrencies/ bitcoin, largest companies, 50 richest people, Fed balance sheet, currency, stocks, property, cash, debt & derivatives
Small allocation by investors and worlds richest will see silver surge like bitcoin

Click to enlarge. Source: Visual Capitalist

by Visual Capitalist

Millions, billions, and trillions

When we talk about the giant size of Apple, the fortune of Warren Buffett, or the massive amount of global debt accumulated all of these things sound large, but they are actually extremely different in magnitude.

Thats why visualizing things spatially can give us a better perspective on money and markets.

HOW MUCH MONEY EXISTS?

This infographic was initially created to show how much money exists in its different forms. For example, to highlight how much physical cash there is in comparison to broader measures of money which include saving and checking account deposits.

Interestingly, what is considered money depends on who you are asking.

Are the abstractions created by Central Banks really money? What about gold, bitcoins, or other hard assets?

Click here to read full story on GoldCore.com.

 

Important Guides

For your perusal, below are our most popular...

23:23

Your Next Government Marginal REVOLUTION

Google is building a small city within Toronto:

Toronto has about 800 acres of waterfront property awaiting redevelopment, a huge and prime stretch of land that amounts to one of the best opportunities in North America to rethink at scale how housing, streets and infrastructure are built. On Tuesday the government and the group overseeing the land announced that they were partnering with an Alphabet subsidiary, Sidewalk Labs, to develop the site.

Not to be outdone, Bill Gates is thinking even bigger, a 25,000 acre site for a new city near Phoenix that might take advantage of Arizonas forward thinking rules on self-driving cars.

All over the world, we can see the beginnings of a move from nation-states to smaller, more decentralized and agile communities such as common interest developments, special economic zones and proprietary cities. Your Next Govenment is Tom Bells primer on this coming revolution. If you want to find out the latest on the Honduran Zede or the Polynesian seasteading project, both of which Bell has been involved with, YNG is your first stop. Bell also covers the history of these movements from Henry Fords failed Brazilian city, Fordlandia, to the use of special economic zones and foreign trade zones in the United States.

For anyone starting such a community, Bell has up-to-date recommendations on the principles of governance including how to adopt an appropriate legal code.

Recommended.

The post Your Next Government appeared first on Marginal REVOLUTION.

23:00

Its time to stop feeling sorry for the Chancellor theres no excuse for a do nothing Budget Resolution Foundation

Its all the rage to feel sorry for Britains Chancellor of the Exchequer. Philip Hammond is an unlucky man were told, having to prepare a Budget against a backdrop of a weaker economy, worse public finances and pressure to relaunch a government thats had a tough Autumn.

Those pressures are real, and no-ones doubting that preparing a Budget amongst them isnt hard work. But for both Philip Hammonds, and our national, interest its time we put the pity aside. Not least because the sense that everything is very difficult risks turning into a fatalism that nothing can be done which is a very long way from the truth. There is no excuse for a do nothing Budget.

The reality is that in many ways, far from being unlucky, Philip Hammond is a very lucky man as he prepares for the Budget. For a start there is the absolute, but too rarely stated, privilege to serve your country as Chancellor of the Exchequer. It is a great gig, steering your party and your country through the big economic questions of your time, and doing so with an institutional clout from the Treasury that many finance ministers around the world only dream of. And you get all that without the sheer brutal exposure that being Prime Minister entails. If you cant do something useful with that privileged position you probably shouldnt be in politics in the first place.

And while it may not feel that way to Chancellors at the time, they are also very lucky to have the institution of the Budget. In an era when the decline of deference and the pace of politics means that many politicians feel, often rightly, that they lack the agency to bring real change the Budget is an unparalleled opportunity to build much needed momentum. Far beyond the Treasury, much of Whitehall runs to the rhythm of Budget planning and then roll-out. Even more importantly institutions that the government does not directly control, from housing associations to charities, local government to our biggest firms, pore over the detail of a Budget for signs of where the government is taking the country and for a sense of their own place in it. On Budget day the Chancellor is handed a megaphone Philip Hammond just needs to make sure hes got something to say.

When it comes to the daunting task of constructing a Budget there are also reasons for the Chancellor to consider himself lucky. Politics is about knowing what change is needed and building a consensus for it. Both are hard, but they are much easier when there are problems that become so acute that addressing them becomes that rare thing something of a national consensus. You wouldnt want to say Gordon Brown was lucky to be Prime Minister when banks started going bust, but the need to respond to that crisis gave his premiership a sense of purpose and its greatest hour.

For all the divisions over Brexit, there are now the outlines of just such a new national consensus building. When did you last actually hear someone defend...

23:00

The Daily Hell of Life in the Soviet Bloc Mises Wire

By: James Bovard
romania_0.PNG

This month is the 100th anniversary of the Communist Partys seizure of power in Petrograd, Russia. British Guardian columnist Paul Mason recent declared that the Soviet revolution provided a beacon to the rest of humanity, no matter how short lived. The New York Times has exalted the Soviet takeover in a series of articles on the Red Century even asserting that women had better sex under communism (based largely on a single dubious orgasm count comparison of East and West German women.)

Professor Hunt Tooleys November 1 Mises article on The Bolshevik Great Experiment: 100 Years Later vividly captured the stunning death tolls communism produced in Russia and elsewhere. Stalin reputedly said that one death is a tragedy, a million deaths is a statistic.

Communisms mortality toll does not capture its full horror the daily degradation that its victims suffered. In the mid-1980s, there were plenty of Soviet apologists writing in the western media. Practically any Soviet Bloc reform was touted as the turning of the corner to sustained economic progress. I was mystified why people living in freedom would idealize a system of state slavery.

In 1986 and 1987, I slipped behind the Iron Curtain a half dozen times to study economic perversity and political slavery, writing articles for The New York Times, Wall Street Journal Europe, Freeman, Journal of Economic Growth, and other publications. My final trip - in November 1987 began in Budapest, Hungary, before heading on to the most repressive regime in Europe.

The train from Budapest to Bucharest, Romania was called the Orient Express. The original 1880s Orient Express connected Paris to Constantinople. The menu on the trains first run included oysters, soup with Italian pasta, turbot with green sauce, chicken la chasseur, fillet of beef with chteau potatoes, chaud-froid of Game animals, chocolate pudding, and a buffet of desserts. In the communist rendition of the Orient Express, there was no food on the train in Romania, though a few morsels may have been available in Hungary.

I had a cabin to myself as the train rolled southeast from Budapest. I had been told that if border guards found a map of Romania or any other dubious papers, I would be arrested or denied entry. Late at night, nearing the Romanian border, I studied documents one more time, drilling into my head the things that I should be looking for, and then tore them up and threw them out the train window, piece...

22:45

5 Steps To Retiring Rich (Step 4) The Daily Coin

5 Steps To Retiring Rich (Step 4) by Nilus Mattive Daily Reckoning Click Here for Part 1 Click Here for Part 2 Click Here for Part 3 In case youve missed the last several issues, Ive been going over...

The post 5 Steps To Retiring Rich (Step 4) appeared first on The Daily Coin.

22:45

The Corporate Earnings Fiction in Q3 The Daily Coin

The Corporate Earnings Fiction in Q3 by Wolf Richter Wolf Street The Biggest Sinners in the Dow. All 30 companies in the Dow Jones Industrial Average have now reported earnings for the third quarter. As required, they reported these...

The post The Corporate Earnings Fiction in Q3 appeared first on The Daily Coin.

22:30

Decrypted: The Fake Reviews and Counterfeits The Big Picture

This is fascinating, via Bloomberg: Fake Reviews and Counterfeits That Amazon Is Trying to Quash: Now that the holidays are approaching, chances are youll be doing at least some of your gift shopping on Amazon.com. But before you click buy on the first favorably-reviewed item you find, take a minute to learn about how you can

Read More

The post Decrypted: The Fake Reviews and Counterfeits appeared first on The Big Picture.

...

22:15

The Cabal Doesnt Care About Law, Agenda Pushed Forward (Video) The Daily Coin

The Cabal Doesnt Care About Law, Agenda Pushed Forward Video X22 Report The Senate is pushing to continue the spying on the American public. Mugabe is stepping down as President of Zimbabwe. US officials are meeting in Libya and...

The post The Cabal Doesnt Care About Law, Agenda Pushed Forward (Video) appeared first on The Daily Coin.

21:45

Want Widespread Prosperity? Radically Lower Costs The Daily Coin

Want Widespread Prosperity? Radically Lower Costs by Charles Hugh Smith Of Two Minds As long as this is business as usual, its impossible to slash costs and boost widespread prosperity. Its easy to go down the wormhole of complexity...

The post Want Widespread Prosperity? Radically Lower Costs appeared first on The Daily Coin.

21:15

George Soros and Nancy Pelosi headline dark money conference The Daily Coin

George Soros and Nancy Pelosi headline dark money conference by ALEX CHRISTOFOROU  The Duran Top item on the agendathe resistance to Donald Trump. A secretive three-day conference where globalist liberal plot their next moves in the resistance to Donald Trump, was...

The post George Soros and Nancy Pelosi headline dark money conference appeared first on The Daily Coin.

21:00

We need to put the changing world of work back in the spotlight Resolution Foundation

Angst over diminishing attention spans is widespread these days, with the reaction to Twitters expansion to 280 characters a case in point. Thats long been true in politics: even the most important of issues need a regular drumbeat to maintain public interest. And it certainly applies to the problems highlighted by the Taylor Review of modern workplace practices. Thats why the BEIS and Work and Pensions Committees report today and the legislation it puts forward is so welcome.

The report finds much common-ground with the Taylor Review: ending the Swedish Derogation that allows unfavourable treatment of agency staff; introducing a requirement to provide a statement of terms and conditions on a persons first day at work; and extending regulations to make it easier for employee voices to be heard in the workplace. A small minority of firms may grumble but these shifts are reasonable and should provide more people with better terms and conditions and an enhanced say in their workplace.

Just as interesting however are the points on which the Committees report diverges from the Taylor Review. The latters suggestion of piece rates for platform workers was viewed by the Committees as potentially undermining existing entitlements to the National Living Wage. Matthew Taylor, whose Review was seeking to confront the tension between minimum wages and firms offering individuals flexibility to choose when and where to work, himself acknowledged the potential shortcomings of a policy in danger of being too clever by half. But this is because it views the issue primarily through the world of apps and big data, seeking to change the minimum wage rules for some workers (who are already entitled to the minimum wage) in the gig economy.

We instead recommended strengthening rather than weakening the minimum wage by extending it to some of those totally outside current low pay protection who are independently self-employed, can substitute in someone else but who have little control over the rate they earn. This could include the flashier end of the gig economy but also those like hairdressers, gardeners or plumbers who have never met an app in their working lives but would still benefit from greater protection.

When it comes to the most potentially transformative policy in the Taylor Review a higher minimum wage for non-guaranteed hours todays report offers cautious backing. It recognises potential concerns around increasing complexity in the minimum wage system and calls for a pilot among large firms.

It is also worth noting that the focus on l...

21:00

Hammonds goal in this Budget should be to restart the productivity engine Resolution Foundation

As a nation, were working smarter than we used to. A decade ago, for every hour we worked, we produced about 31.30 of stuff; today each hour of graft generates 31.85 of output. That sounds like good news. If were becoming more productive we should be able to treat ourselves to a pay rise, or perhaps some more time off. But the problem is, growth in our output per hour of 1.7 per cent over the last ten years compares with an average of 2.3 per cent every year in earlier times. Average annual growth over the last ten years is the worst weve recorded since 1812 the year Napoleon invaded Russia. Were working smarter, but nowhere near as smart as were supposed to be.

Our response has been to work harder instead. Millions more of us are in employment today than anyone could have expected just a few years ago. And the decades-long downward march in the average number of hours we work has gone into reverse too. Between us we worked more than 53 billion hours last year; back in 2007 the total was 49 billion. But the productivity disaster dominates. If our output per hour had continued to rise at its long-run trend rate after 2007, our economy would be 430 billion bigger today than it actually is. More likely, wed be a little bit less well-off than that figure suggests, but working a lot less too.

Importantly, our productivity woes are about more than a collapse in output in the immediate aftermath of the global slowdown. Even as economies around the world have started to recover, the amount we produce for every hour we work has remained stubbornly stagnant.

Why? In short, no one really knows; but we do know its complicated.

Its likely that a number of factors are at play: from problems in the financial markets, to low interest rates helping prop up unproductive firms that in other periods would go out of business, to question marks over the quality of the millions of new jobs created over recent years. There may be some issues too with the way in which we measure productivity (though the fact that pay has flat-lined in recent years implies that we cant be that wrong on our output metric). Low investment is undoubtedly an issue too, with business uncertainty (stemming first from the financial crisis fall-out and more recently from Brexit) acting as a barrier to long-term planning.

Given that productivity growth effectively represents free money, governments are always keen on talking it up. We can expect next weeks Budget to be no different. Even more so given the news the Office for Budget Responsibility (OBR) is set to deliver Philip Hammond before he speaks.

The fiscal watchdog has long been of the opinion that the UKs productivity stagnation is a temporary phenomenon, with a return to pre-crisis trend rates of growth just around the corner. But it has signalled that it will deliver a different message next week, significantly revising down its forecast for our productive pot...

20:52

Debt Rattle November 20 2017 The Automatic Earth

Stanley Kubrick Laboratory at Columbia University 1948   Banks Show An Almost Autistic Disregard For The Law Australia Senator (Abc) ECB Proposes End To Deposit Protection (GC) Europe Faces a Hamstrung Germany as Merkels Coalition Bid Fails 3 Things That Could Destroy One Of The Greatest Stock Rallies Of All

The post Debt Rattle November 20 2017 appeared first on The Automatic Earth.

20:45

Another Gold Game Changer Story is Launched! (Video) The Daily Coin

Another Gold Game Changer Story is Launched! Video smaulgld Video Source

The post Another Gold Game Changer Story is Launched! (Video) appeared first on The Daily Coin.

20:15

Op-Ed: Yemen Proves The Economy Of Death Is Bi-Partisan The Daily Coin

Op-Ed: Yemen Proves The Economy Of Death Is Bi-Partisan by Elizabeth Vos  DisObedient Media The ongoing genocide taking place in Yemen has finally provoked significant press attention in the last few weeks. Unfortunately, the media flurry was too late for the...

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20:12

Three Things to Give the World Every Day Stories by umair haque on Medium

The Work of Working vs the Work of Living

There used to be a time in my life when all that mattered was the work. It didnt really matter what it was, but I didnt know that then. The book, the column, the talk, the speech. Always a next one. A month would go by, a year, and Id barely know. Shut up, dont talk to me, Im working on something important. More important than you, more important than me, more important, anyways. And so, of course, deep down, there was this terrible loneliness, no matter who, what, where. Well get to that.

Now I wake up. And the first thing I do is just see. People. Faces, eyes, expressions. What do I see? What do they really say? Theres the old man in the park who walks his puppy. Theres the girl working at the cafe whos so unsure. The homeless guy with the limp. The two VCs who come in the afternoon and plot their conquests, stars reflected in their eyes, but they never really look at each other at all.

All these lives. They tell me stories. Of how no matter how fine or threadbare the clothes and smiles we wear or the lies we tell, not the slightest difference is made to mortality, time, fate, truth. They know what we dont: little glances, words unsaid, hands that were never held, are all it has ever taken to leave a scar, how easily broken we are, and somehow, despite it all, we are still overcoming, still growing, still rising, not even ifbut especially whenwe kneel. And so I see the same limitless yearning, the same pain, in all these lives, to be what they already are. But I will come back to that.

And so I try to be gentle. Because the first thing we are, always and forever, is fragility itself. Each life is like the bracelet a child might make out of grass, and just as easily ripped apart. Thats the second thing I give the world every day, for the first Ive already told you: I try only to be present, to really see, to witness.

Theres not really a good word for it, this act of gentleness. How can I put it? I only try to recognize that each and every life, which is so different, is also, in a truer way, just the same. The girl at the cafe, the titans of industry, the homeless guy, the old man and his puppy. Each life is an impossible act of courage and grace and wisdom, of perseverance and risk, just to go on living, to go on walking, arriving, trying, looking up at the sky, every day. Just to go on, in the face of so much unsurety, and so much surety, whose equation is so unreasonably backwards: we are assured of desolation, sorrow, heartbreak, but can never be certain of joy, triumph, happiness.

Happiness. What is it, anyways? We pursue it, endlessly. And yet the fact is that there is a pulse of life, something like a heartbeat, a rhythm, a wave. The wave crests, and there, just for a glittering moment, is a moment of something that we call happines...

20:07

New Study Undermines Rationale for Investing in Private Equity and CalPERS Strategy in Particular, as Oregon CIO Demonstrates that Public Pension Funds Are Dumb Money naked capitalism

A top private equity scholar finds her earlier work on persistence no longer holds, consigning a key industry defense to the dustbin.

19:55

Michael Klare: The Trump Doctrine: Making Nuclear Weapons Usable Again naked capitalism

Trump and the US military build on existing doctrines and policy precedents, making unintended nuclear war more likely.

19:45

Texas Bullion Depository, Ripple XRP: Metals & Cryptos (Video) The Daily Coin

Texas Bullion Depository, Ripple XRP: Metals & Cryptos Video Junius Maltby Video Source

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19:25

China, US in joint effort on extreme weather The BRICS Post

A satellite image provided by the National Oceanic and Atmospheric Administration shows the size and intensity of Typhoon Haiyan, one of the most powerful to hit the Asia-Pacific region

China and the US are collaborating to set up a mechanism to predict extreme weather patterns.

On Monday, Beijing media said that the Qingdao National Laboratory for Marine Science and Technology, in eastern Chinas Shandong Province, would join with the US National Center for Atmosphere Research and Texas A&M University to establish what will be called the International Laboratory for High-Resolution Earth System Prediction (ILHRESP).

The lab is more necessary than ever, Chinese scientists have said, because climate change has already shown an increase in extreme weather patterns, and many meteorologists predict a surge in such anomalies in the near future.

These include heat waves, hurricanes, storms, flooding, melting ice caps and rising sea levels.

With offices both in China and the US, the lab will be able to predict and monitor extreme weather on both the regional and global scales.

This is not the first time Chinese and US scientists have collaborated on a meteorological level.

The US Environmental Protection Agency has been visiting China to help the authorities there with reliable data processing to help deal with the poor air quality in several cities.

In April 2013, China and the US announced they would jointly reduce the production and consumption of hydrofluorocarbons (HFCs), the type of gases used as coolants in refrigerators and air conditioners.

The cooperation between the two strongest economies in the world could impact what measures cities enact in their air pollution fight and what legislation is passed to reduce harmful toxins from the air.

The BRICS Post with inputs from Agencies

19:15

After The SHTF, What Will Be Your Role? The Daily Coin

After The SHTF, What Will Be Your Role? by B.H. Survival Blog After the SHTF, will you contribute to rebuilding or just surviving? Lets first assume you and yours have survived and are relatively safe on a homestead with...

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17:55

Tony Fernandes, Pangina Heels, Dianna Cohen: Who's coming to Wonderfruit? Eco-Business

Scratch Talks is making a comeback at sustainability festival Wonderfruit next month, with its mission to enlighten and inspire. Here's whatand whoto expect.

17:45

Gold-based debit card Glintpay gets started The Daily Coin

Gold-based debit card Glintpay gets started by Chris Powell GATA Glint App Brings Gold into the Digital Age By Emma Dunkley Financial Times, London Sunday, November 19, 2017 The worlds oldest currency is being brought into the digital age...

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16:53

Polymer Industries selects Middleton Engineering baling solution for its new recycling arm Eco-Business

Middleton Engineering has designed, supplied and manufactured a compact solution incorporating a Middleton ME80 closed-end semi-automatic baler, fitted with a bespoke slider-bed feed conveyor. Devon-based plastics re-processor and recycling company Polymer Industries, which established a mainstream recycling arm, Recycling South West, earlier this year to provide additional services to customers across the region, has selected a baling and conveyor solution from Middleton Engineering. Full flexibility to bale a range of materials such as paper, cardboard and polythene through to rigid plastics including drums, crates and bumpers, while at the same time achieving maximum bale weights for optimal container transportation, were key requirements for the solution, which is installed at the company's expanding site at Wrangaton in South Devon, UK. Under the contract Middleton Engineering has designed, supplied and manufactured a compact solution incorporating a Middleton ME80 closed-end semi-automatic baler, fitted with a bespoke slider-bed feed conveyor. This includes an in-floor section to ease loading, with the addition of gravity driven roller tracking to convey completed bales out through an opening into a storage yard. Jason Gooze, Polymer Industries' MD explains: "Recycling South West extends the range of services we offer both existing and new customers and is a natural fit for Polymer Industries which joined the TGM Recycling Group in 2016, one of the largest paper and cardboard merchants in the south of the UK. As part of a larger group we also benefit from direct relationships with processing mills, which in turn means we can offer the keenest rates to our customers for recycled paper and card." "Selecting Middletons followed a visit to their manufacturing operation in Somerset and positive industry feedback. We were impressed by their quality workmanship and the enthusiasm of the team. The baler gives us the flexibility we need with the option to bale rigid plastics at optimal weights as our new service develops," he added. With the new baler operational, Recycling South West is already handling a significant tonnage of materials from across the South West region and beyond. As volumes increase more staff will be added with the intention of running the baling operation on an extended double shift for 15 hours a day. The company is already offering a weekly or fortnightly collection service for cardboard, polythene and some hard plastics, accommodating both small and large customers and will also accept materials delivered direct to site. In addition, the business will also accept pre-baled cardboard, re-baling it to achieve mill size dimensions and optimum loading weights more suited to sea containers. The project and installation process followed a short lead time to build and ship the equipment and structural works for the in-floor section of the conveyor and site preparation took a little over a week. Following this Middletons coordinat...

16:50

Operations Support- London Eco-Business

South Pole works with a large number of prestigious corporate and public sector clients to support them in their sustainability journey.

16:49

The Yield Curve Has Not Been This Flat In 10 Years, And Many Believe This Is A Sign That A Recession Is Imminent The Economic Collapse

Whenever we see an inverted yield curve, a recession almost always follows, and that is why many analysts are deeply concerned that the yield curve is currently the flattest that it has been in about a decade.  In other words, according to one of the most reliable indicators that we have, we are closer to another recession than we have been at any point since the last financial crisis.  And when you combine this with all of the other indicators that are screaming that a new crisis is on the horizon, a very troubling picture emerges.  Hopefully this will turn out to be a false alarm, but it is looking more and more like big economic trouble is coming in 2018.

The professionals on Wall Street take the yield curve very, very seriously, and the fact that it has gotten so flat has many of them extremely concerned.  The following comes from Business Insider

In the past, including before the Great Recession of 2007-2009, an inverted yield curve, where long-term interest rates fall below their short-term counterparts, has been a reliable predictor of recessions. The bond market is not there yet, but a sharp recent flattening of the yield curve has many in the markets watchful and concerned.

The US yield curve is now at its flattest in about 10 years in other words, since around the time a major credit crunch of was gaining steam. The gap between two-year note yields and their 10-year counterparts has shrunk to just 0.63 perce...

16:47

The show so far, a continuing series Marginal REVOLUTION

1. The situation with North Korea has moved to one of open confrontation.  That said, there are stronger commercial sanctions on North Korea than before, and the attitude of the Chinese does seem to have shifted toward recognizing North Korea as a problem needing to be solved.  For the time being, both the missile tests and the jawboning have stopped, for unknown reasons.  Note that the South Korean and Japanese markets remain high, of course the U.S. market is strong too.

2. Trump has spent a great deal of time with Prime Minister Abe, the real pivot toward Asia.  Abe is being treated like the most important leader of the free world is that crazy?  Merkel is now teetering.

3. The Trump administration has recognized and encouraged a much more explicit semi-military alliance between America and India, also part of the pivot.  China-India relations could be the worlds number one issue moving forward.

4. The apparent green light from the Trump administration probably raised the likelihood and extremity of the Saudi purge/coup.  I give this a 20% chance of working out well, though with a big upside if it does.  Whether you like it or not, so far it appears to me this is Trumps most important initiative.

Just to interject, much of your assessment of the Trump administration should depend on #1-4, and I am worried that is hardly ever the case for those I see around me.  While I do not view the current administration as good executors on foreign policy, the remaining variance on #1-4 is still very high and it is not all on the down side.

5. The Trump administration seems to think that keeping production clusters within this nations borders is of higher value than shaping the next generation of the worlds trade architecture.  I dont think they will get much in return for this supposed trade-off, but there you go.

6. I am seeing deeply biased assessments of tax reform, from both sides.  I dont favor raising the deficit by $1.5 trillion (or possibly more), I do favor cutting corporate rates and targeting some of the most egregious deductions.  I am disappointed that there is not more celebration of the very good features of the plan on the table, that said big changes in the proposed legislation still are needed.

7. In terms of regulatory reform (WSJ), the administration has done better than my most optimistic scenario.  In their worst area, carbon, progress on solar and electric cars is bigger good news than the bad policy news.  And for all practical purposes, the ca...

16:38

Associate Director - APAC Eco-Business

We are seeking a progressive, creative and ambitious leader to join our team of sustainability change-makers in Singapore. This role is an exciting opportunity to help accelerate our impact in driving systems change in Singapore and the wider region.

16:37

Addressing challenges and seizing opportunities: Why carbon pricing matters Eco-Business

The world must price carbon for both environmental and economic reasons. Catherine McKenna and Feike Sijbesma explain why.

16:27

Operations Support- Amsterdam Eco-Business

South Pole works with a large number of prestigious corporate and public sector clients to support them in their sustainability journey.

16:14

The Medical Cost Reduction Act of 2017 naked capitalism

A set of proposed laws targets some of the worst forms of medical price gouging.

16:01

Hope to See You at Our Birmingham Meetup Today! naked capitalism

A reminder: if you are in or near central Alabama, don't miss our Birmingham meetup today!

15:50

The Clinton Body Count Rises Again! The Daily Coin

The Clinton Body Count Rises Again! by Stefan Stanford All News Pipeline In this interesting story over at RT that Steve Quayle linked to on his website we learn that authorities can now request the DNA of Americans, without...

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15:30

Roy Moore Fundraising Soars (Video) The Daily Coin

Roy Moore Fundraising Soars Video Bill Still Fundraising for Judge Roy Moore skyrocketed last week as his latest attacker has not turned over her high school annual for professional handwriting analysis. The reason, of course, is because it is...

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15:10

The World Land Bridge The Daily Coin

The World Land Bridge from LaRouche PAC THE NEW SILK ROAD The Eurasian Landbridge or New Silk Road a vision first proposed and drafted by Lyndon and Helga LaRouche over two decades ago to fully develop the entirety of...

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14:51

Obamacare Rage: One Family Of 4 In Virginia Is Faced With Paying $3,000 A Month For Health Insurance The Economic Collapse

Could you afford to pay $3000 a month for health insurance?  Previously, Ian Dixon had been paying $900 a month for health insurance for his family of four, but thanks to changes in the Charlottesville insurance market, a similar plan will now cost him more than $3,000 a month.  When I first came across this story on Zero Hedge, I have to admit that I got angry.  I was angry at the Democrats for destroying our healthcare system in the first place, and I was angry at Republicans for failing to repeal Obamacare even though they have had almost a full year to do so.  Obamacare is financially destroying hard working families all over the nation, and Congress must take action immediately.

Originally, Ian Dixon was excited about Obamacare because he thought that it would mean that he could continue to provide health insurance for his family once he left his full-time job.  But now that he is facing a bill of more than $3,000 a month, all he is feeling is rage

Ian Dixon, who left his full-time job in 2016 to pursue an app-development business, did so because the ACA guaranteed that he could still have quality coverage for his young family, he said.

But when the 38-year-old Charlottesville husband and father of a 3- and a 1-year-old went to re-enroll this month, his only choice for coverage would cost him more than $3,000 a month for his family of four, which amounted to an increase of more than 300 percent over the $900 he paid the year before. And this is for the second-cheapest option, with a deductible of $9,200.

Helpless is definitely a good word for it, Dixon said. Rage is a...

14:45

The Central Banks Have Proposed To Do Away With The Deposit Protection (Video) The Daily Coin

The Central Banks Have Proposed To Do Away With The Deposit Protection Video X22 Report Venezuelas default my put other nations at risk. The corporate media is trying to explain away the debt problem in America, that its not...

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14:41

Myanmar security forces targeting Rohingya children in ethnic purge Follow The Money

http://www.smh.com.au/world/myanmar-security-forces-targeting-rohingya-children-in-ethnic-purge-report-20171116-gzn5b2.html

A soldier poured gasoline over a heavily pregnant woman and set her alight.

Another ripped a baby from his mothers arms and threw him into the fire.

He was not even one year oldI will never forget their screams, a 24 year-old woman told investigators from Save the Children, which has just released a report revealing shocking atrocities against Rohingya Muslim children in Myanmar.

A 12 year-old boy fled his village for Bangladesh after the military started hacking people with machetes before entering an abandoned village, hoping to find some food or water, and eventually came across a reservoir, the report said.

When I got closer I saw at least 50 dead bodies floating in it, the boy told investigators.

I cant forget the smell of the burning houses, or the sight of the bloated bodiesthese are horrors I will never forget, he said.

Save the Children Australia director of policy and international programs Matt Tinkl...

14:20

Global Silver Investment Demand Maybe Down, But Still Double Pre-2008 Market Crash Level The Daily Coin

Global Silver Investment Demand Maybe Down, But Still Double Pre-2008 Market Crash Level by Steve St Angelo SRSRocco Report While physical silver investment demand experienced a pronounced decline this year, the volume is still much larger than the level...

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14:19

War between Iran & Saudi Arabia could send oil to $300 per barrel Follow The Money

https://www.rt.com/business/409905-saudi-arabia-iran-war-oil/

An armed conflict between Riyadh and Tehran would have a major impact on oil markets and the global economy. RT asked experts what a war between the two Middle East superpowers would mean for crude prices.

If a conflict happens, oil prices could increase 500 percent.

Energy prices will seriously depend on the severity of the conflict. Lets remember the unrecognized Iraqi Kurdistan, which in a state of continuous war exported about 550,000 barrels per day through Turkey. In this connection, we can expect a panic rise in oil price to $150-$200 on the first day of the conflict If Saudis and Iran attack each others oil facilities, crude prices can skyrocket to $300, Mikhail Mashchenko, an analyst at the eToro social network for investors told RT.

-

go long oil?

shia v sunni..as usual..

401


Filed under: Iran, Middle East, Religion, Saudi Arabia, World Finances, World News

14:18

Isabel Dos Santos sacked from Angola state oil firm Follow The Money

http://www.bbc.com/news/world-africa-42003016

The president of Angola, Joao Lourenco, has fired the daughter of his predecessor as head of the countrys state oil company Sonangol.

Isabel Dos Santos, the billionaire daughter of former President Jos Eduardo dos Santos, is Africas richest woman.

Mr Dos Santos was Africas second longest-serving leader until he stepped down in September after 37 years.

President Lourenco, known as JLo, has promised to tackle corruption

Correspondents say he wants to weaken the influence of the Dos Santos family.

The president of Angola, Joao Lourenco, has fired the daughter of his predecessor as head of the countrys state oil company Sonangol.

Isabel Dos Santos, the billionaire daughter of former President Jos Eduardo dos Santos, is Africas richest woman.

Mr Dos Santos was Africas second longest-serving leader until he stepped down in September after 37 years.

President Lourenco, known as JLo, has promised to tackle corruption

Correspondents say he wants to weaken the influence of t...

14:07

Jason A: The Scary Truth for America | 2017-2018 Events (Video) The Daily Coin

Jason A: The Scary Truth for America | 2017-2018 Events Video Video Source

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13:55

Zero Hedge invites Financial Times to heed GATAs urging on gold suppression The Daily Coin

Zero Hedge invites Financial Times to heed GATAs urging on gold suppression by Chris Powell GATA Dear Friend of GATA and Gold: Last night Zero Hedge called attention to Fridays column by Gillian Tett of the Financial Times, to...

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13:30

Inflation Will Be No.1 Immediate Threat of 2018: Kevin M. (Jim Rickards Partner) Video The Daily Coin

Inflation Will Be No.1 Immediate Threat of 2018: Kevin M. (Jim Rickards Partner) Video Wealth Research Group Video Source

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13:15

COP23: Key outcomes agreed at the UN climate talks in Bonn Eco-Business

Climate change was again placed at the centre of global diplomacy over the past two weeks as diplomats and ministers gathered in Bonn, Germany, for the latest annual round of United Nations climate talks.

13:05

Business Cycles and Inflation Part I The Daily Coin

Business Cycles and Inflation Part I Author Pater Tenebrarum  Acting-Man Incrementum Advisory Board Meeting Q4 2017   Special Guest Ben Hunt, Author and Editor of Epsilon Theory The quarterly meeting of the Incrementum Funds Advisory Board took place on October...

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13:05

How this palm oil company is changing education in rural Indonesia Eco-Business

Yayasan Harapan Masa Depan Cerah, or foundation for a bright future, is Cargill Tropical Palm Holdings' way of contributing to the communities it works in. Here's how the foundation is delivering on the promise of a brighter future.

12:46

Systems Thinking and Leadership Eco-Business

As our world has accelerated via technology, globalisation and climate, the innumerable systems we operate in have become more complex, dynamic and important to comprehend. Doing so requires a measure of unlearning and learning anew; taking a new frame on cause and impact, from linear to non-linear.

12:40

It takes money to try to hold Big Pharma accountable: Chuck Norris sues 11 drug companies for poisoning his wife The Daily Coin

It takes money to try to hold Big Pharma accountable: Chuck Norris sues 11 drug companies for poisoning his wife by: Tracey Watson  Natural News Most of us are familiar with the actor Chuck Norris, hero of action shows and movies...

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12:26

Ex-UN climate chief sees climate action "explosion" in coming decade Eco-Business

Former UN climate chief Christiana says the Paris Agreement was just the start of global ambition to protect the planet, despite US President Donald Trump announcing earlier this year he would withdraw his country from the climate pact.

12:15

SouthFront Documentary about Hezbollah (MUST SEE!) Video The Daily Coin

SouthFront Documentary about Hezbollah (MUST SEE!) Video Check out this superb documentary about Hezbollah made by our friend of SouthFront. It is superb. Please make sure to drop by here to support their work: https://southfront.org/donate/ Thank you! The Saker

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12:00

Radiolab: Donation and Mutation The Big Picture

This is an amazing story about donation of body parts. Its 23 minutes long, and if you start to well up halfway through, dont worry, it has a happy ending.    

The post Radiolab: Donation and Mutation appeared first on The Big Picture.

11:50

Spains Pension System Hits Crisis Point (and Everyone Ignores it) The Daily Coin

Spains Pension System Hits Crisis Point (and Everyone Ignores it) from Wolf Street But how did things get this bad? By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. By most measures, sun-blessed Spain is an idyllic place to grow...

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11:25

Poppy Output Hits Record High as US Troop Surge in Afghanistan Completed The Daily Coin

Poppy Output Hits Record High as US Troop Surge in Afghanistan Completed by Rachel Blevins  Activist Post The opioid crisis has killed thousands in the United States, and as more than 100 Americans die every day, opium poppy cultivation has hit...

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11:00

7 Alarming Signs The U.S. Dollar Is Doomed (Video) The Daily Coin

7 Alarming Signs The U.S. Dollar Is Doomed Video Jerry Robinson Summary: With the value of the U.S. dollar tumbling by more than 10% YTD and the U.S. national debt officially topping $20 trillion for the first time in...

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10:59

Capitalising on climate unity Eco-Business

Marshall Islands President Hilda Heine and former Australian Prime Minister Kevin Rudd outline the opportunities on the horizon for countries worldwide to raise their level of climate ambition and lock in sustainable growth.

10:52

Why Did Big UK Banks Fail to Pass on Interest Rates to Savers? Hang The Bankers

On Thursday, 2 November 2017, the MPC of the Bank of England voted by a margin of 7-2 to raise the bank rate by 25-basis points. This long-overdue decision was roundly applauded by financial markets, and the bank rate promptly rose to 0.50%. The impact of a bank rate hike is particularly important to the

10:35

Lithium the new White Gold The Daily Coin

Lithium the new White Gold by Martin Armstrong Armstrong Economics Lithium is known as white gold since electric cars require a lot of batteries. This has resulted in transforming the metal into a valuable and sought-after commodity. The demand keeps...

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10:22

US Empire of Debt Will go to War to Stop Emergence of Petro-Yuan (Video) The Daily Coin

US Empire of Debt Will go to War to Stop Emergence of Petro-Yuan Video Russia-Insider Video Source

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10:10

CHINA VERSUS THE WEST. ANOTHER SHOCKING COMPARATIVE VIGNETTE The Daily Coin

CHINA VERSUS THE WEST. ANOTHER SHOCKING COMPARATIVE VIGNETTE by Jeff J Brown China Rising Above: top row, known sexual perverts and predators Harvey Casting Couch Weinstein, on the left and Bill Lolita Island Clinton on the right. Our elites...

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09:45

Markets, Gold Ross Clark. Fed, Cyrptos Bill Bonner. Real Estate Robert Campbell (Video) The Daily Coin

Markets, Gold Ross Clark. Fed, Cyrptos Bill Bonner. Real Estate Robert Campbell Video Talk Digital Network Ross Clark Stock Markets and Gold email: rosss.clark@chartworks.ca Bill Bonner Will The Dow Top 40 Thousand? US Fed,...

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09:20

Micro Assassination Drones Fit In Your Hand The Daily Coin

Micro Assassination Drones Fit In Your Hand by Mike Mish Shedlock The Maven Micro Assassination drones with facial recognition capabilities fit in your hand. The video below shows how they work. Drone Miniaturization, Facial Recognition, Kamikaze Missions Prediction On...

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09:03

Want Widespread Prosperity? Radically Lower Costs oftwominds-Charles Hugh Smith

As long as this is business as usual, it's impossible to slash costs and boost widespread prosperity.
It's easy to go down the wormhole of complexity when it comes to figuring out why our economy is stagnating for the bottom 80% of households. But it's actually not that complicated: the primary driver of stagnation, decline of small business start-ups, etc. is costs are skyrocketing to the point of unaffordability.
As I have pointed out many times, history is unambiguous regarding the economic foundations of widespread prosperity: the core ingredients are:
1. Low inflation, a.k.a. stable, sound money
...

08:55

Pentagon Trained Syrias Al Qaeda Rebels in the Use of Chemical Weapons The Daily Coin

Pentagon Trained Syrias Al Qaeda Rebels in the Use of Chemical Weapons By Prof Michel Chossudovsky  Global Research The issue is now once more before the UN Security Council. Read carefully. The Western media refute their  own lies. Not only do...

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08:30

Why the Stock Market Will Crash by a MINIMUM of 50% (Video) The Daily Coin

Why the Stock Market Will Crash by a MINIMUM of 50% Video The Money GPS TDC Note TFMetals Reports, Craig Hemke, has shown the last three crashes averaged 52% drop from the highs. It seems the current situation...

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08:05

The Feds Bubblenomics The Daily Coin

The Feds Bubblenomics by Murray Sabrin Mises If you Google dot com bubble, you will get nearly 1.2 million hits, and 3.3 million hits if you Google tech bubble. A Google search of housing bubble will return nearly 11...

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07:40

Russia-gate Spreads to Europe The Daily Coin

Russia-gate Spreads to Europe by Robert Parry Consortium News Exclusive: The Russia-gate hysteria has jumped the Atlantic with Europeans blaming Russia for Brexit and Catalonian discontent. But what about Israeli influence operations or, for that matter, American ones, asks...

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07:15

Keith Neumeyer: The Numbers Sound Crazy, but I Predict $8,000 Gold & $130 Silver (Video) The Daily Coin

Keith Neumeyer: The Numbers Sound Crazy, but I Predict $8,000 Gold & $130 Silver Video Palisade Radio Keith says the reason the resource markets are lagging is due to institutions not entering the metal market. Until there is a...

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06:50

Russias Mach 2 Tu-160M2 Strategic Bomber Revealed The Daily Coin

Russias Mach 2 Tu-160M2 Strategic Bomber Revealed from Sputnik News Photos of Russias upgraded Tu-160M2 White Swan strategic bomber have been unveiled. The Tupolev Tu-160M2 is a long-range bomber expected to make its first flight in February 2018, a Russian defense source...

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06:25

America is in Terminal Decline The Daily Coin

America is in Terminal Decline by Ral Ilargi Meijer  The Automatic Earth John Rubino recently posted a graph from Bob Prechters Elliot Wave that points to some ominous signs. It depicts the S&P 500, combined with consumer confidence and savings rate....

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06:00

It Happened Again! US Destroyer Hit by Another Boat (Video) The Daily Coin

It Happened Again! US Destroyer Hit by Another Boat Video DAHBOO A US Navy destroyer has collided with a Japanese tugboat in Sagami Bay, off the east coast of Japan, making it the fifth such incident involving the Pacific...

The post It Happened Again! US Destroyer Hit by Another Boat (Video) appeared first on The Daily Coin.

05:35

There is No Way to Stop the Planet-Wide Spread of the Black-Death The Daily Coin

There is No Way to Stop the Planet-Wide Spread of the Black-Death by Dave Hodges The Common Sense Show The Black Death is thought to have originated in the dry plains of Central Asia, where it then travelled along...

The post There is No Way to Stop the Planet-Wide Spread of the Black-Death appeared first on The Daily Coin.

05:10

Plot to Destroy Trump Hatched in Obama White House Edward Klein The Daily Coin

Plot to Destroy Trump Hatched in Obama White House Edward Klein by Greg Hunter USA Watchdog Best-selling author Edward Kleins latest best-selling book is called All Out War: The Plot to Destroy Trump. Klein reveals that this plot...

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04:45

G. Edward Griffin on False Flags, Global Cashless Society, JFK Files & Elite Creepers (Video) The Daily Coin

G. Edward Griffin on False Flags, Global Cashless Society, JFK Files & Elite Creepers Video WAM Josh Sigurdson and John Sneisen talk with G. Edward Griffin, the founder of Freedom Force International and the man behind many books including...

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04:20

Is E-Commerce Really Crushing Brick-and-Mortar Sales? The Daily Coin

Is E-Commerce Really Crushing Brick-and-Mortar Sales? by Wolf Richter Wolf Street Some big sectors are still resisting. There is one sector in retail that is seriously booming: E-commerce sales in the third quarter jumped 15.5% from a year ago,...

The post Is E-Commerce Really Crushing Brick-and-Mortar Sales? appeared first on The Daily Coin.

04:19

Jims Mailbox Jim Sinclair's Mineset

Dismal Dave sends us a visual truth!

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

04:16

In The News Today Jim Sinclair's Mineset

Bill Holters Commentary Well, well, well, I cannot tell you how many e-mails we have received over the years telling us we were nut jobs! A Conspiracy No More: US Government Openly Meets to Discuss Future of Chemtrails/ GeoengineeringNovember19, 2017 Wednesday marked the first time that the U.S. government openly acknowledged and discussed the reality... Read more

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04:00

Jon Stewart on Howard Stern The Big Picture

Enjoy this why this is online . . .   click for audio  

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03:55

Gasping For Air: Staff LAUGH As Decorated World War II Veteran Is Left To Die After He Calls For Help Six Different Times In Atlanta Nursing Home The Daily Coin

Gasping For Air: Staff LAUGH As Decorated World War II Veteran Is Left To Die After He Calls For Help Six Different Times In Atlanta Nursing Home by Alex Thomas SHTFPlan Staff at the Northeast Atlanta Health and Rehabilitation...

The post Gasping For Air: Staff LAUGH As Decorated World War II Veteran Is Left To Die After He Calls For Help Six Different Times In Atlanta Nursing Home appeared first on The Daily Coin.

03:36

Plot to Destroy Trump Hatched in Obama White House Edward Klein USAWatchdog.com Jim Sinclair's Mineset

November 19, 2017 Best-selling author Edward Kleins latest best-selling book is called All Out War: The Plot to Destroy Trump. Klein reveals that this plot started in the Obama White House just weeks after Donald Trump won the 2016 election. Klein explains, Susan Rice was invited to come to a dinner party and give the... Read more

The post Plot to Destroy Trump Hatched in Obama White House Edward Klein USAWatchdog.com appeared first on Jim Sinclair's Mineset.

03:30

The Fed Warns Prepare For World Economic Collapse! Zero Lower Bound (Video) The Daily Coin

The Fed Warns Prepare For World Economic Collapse! Zero Lower Bound Video Silver Report The feds very own John Williams the head of the San Francisco Fed Just gave a speech where he voiced his growing concerns for the...

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03:05

The Mask Is OffRuling Class Decides Its OK to Hate White Anglo Gentiles The Daily Coin

The Mask Is OffRuling Class Decides Its OK to Hate White Anglo Gentiles JOHN DERBYSHIRE  UNZ Review You maybe heard about the black law professor who published an op-ed in the New York Timesexpressing the anguish he claims to feel when...

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02:40

Gold and Silver: Range-bound The Daily Coin

silver gold

Gold and Silver: Range-bound by Alasdair Macleod GoldMoney Gold and silver traded in narrow ranges this week, with gold up $7 from last Fridays close, at $1282 in early European trade this morning (Friday).On the same time scale, silver...

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02:15

Justice with Judge Jeanine Pirro w/ Tom Fitton, Judicial Watch (Video) The Daily Coin

Justice with Judge Jeanine Pirro w/ Tom Fitton, Judicial Watch Video Fox News TDC Note Judge Jeanines Open is, as always, hard hitting and on point. If youre short for time Tom Fitton begins at the 10:30 mark....

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01:55

Judge Requires Warrant for Use of StingRay Surveillance Device naked capitalism

New York state court judge joins nationwide trend in concluding that use of StingRay surveillance device requires warrant.

01:50

Central Bankers Met In New York For Ripple Event; Ripples CEO Believes Adoption Is Inevitable The Daily Coin

Central Bankers Met In New York For Ripple Event; Ripples CEO Believes Adoption Is Inevitable from Coinivore Ripple worked recently on a blockchain distributed ledger trial with the Bank of England after earlier this month hosting officials from more than...

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01:25

A Perfect Storm for Silver Steve St Angelo (Video) The Daily Coin

A Perfect Storm for Silver Steve St Angelo Video Silver Fortune An interview with Steve St. Angelo of the SRS Rocco Report. This includes discussion about precious metals, the energy sector, and a potentially groundbreaking project that Steve...

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01:00

Is Satire Fakenews? How Fact-Checkers Peddle Snake-Oil The Daily Coin

Is Satire Fakenews? How Fact-Checkers Peddle Snake-Oil from Moon of Alabama Since the issues of alleged fake news and Russian influence have cropped up, several media institutions highlight their public fact-checkers. Social media companies hire them to filter fake...

The post Is Satire Fakenews? How Fact-Checkers Peddle Snake-Oil appeared first on The Daily Coin.

00:35

Perspective on the Gold/Oil Ratio, Macro Fundamentals and a Gold Sector Bottom The Daily Coin

Perspective on the Gold/Oil Ratio, Macro Fundamentals and a Gold Sector Bottom By: Gary Tanashian  Market Oracle This was going to be part of an NFTRH update, but I decided to make it public, as well have plenty of other...

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00:10

Go Back:30 Days | 7 Days | 2 Days | 1 Day

IndyWatch Economic News Feed Today.

Go Forward:1 Day | 2 Days | 7 Days | 30 Days

Sunday, 19 November

23:45

Humans Are Trying to Make Contact with Aliens on a Nearby Super Earth The Daily Coin

Humans Are Trying to Make Contact with Aliens on a Nearby Super Earth by Josie Wales  The Anti-Media In case anyone missed it due to the raging political wars consuming the consciousness of many inhabitants of Earth, the discovery of...

The post Humans Are Trying to Make Contact with Aliens on a Nearby Super Earth appeared first on The Daily Coin.

23:25

Thrasher and Gaus on the Calculus of Consent Marginal REVOLUTION

Writing for the The Oxford Handbook of Classics in Contemporary Political Theory, political philosophers John Thrasher and Gerald Gaus review Buchanan and Tullocks The Calculus of Consent:

Calculus advances new methods in an attempt to solve an old problem: the problem of
democratic justification. While democracy claims to be the rule of the people in any
actual democratic system we actually find the rule of some people over others. More
formally, the winning coalition in any election is able to impose its authority on the losers.
This is true however large the majority happens to be, and however small the minority is,
unless the vote is unanimous; and even then, there may be an excluded minority of those
who did not or could not vote. Yet at the heart of the democratic ideal is the principle that
all are inherently free and equal, with no natural authority to rule over one another. How
odd then to start from freedom and equality and end with majority coalitions imposing
their policies on minorities merely because they have the numbers to do so. Once we see
this oddity we are confronted with the question: how could the authority of democratic
assemblies over free and equal persons be justified? This is the problem of democratic
justification, a problem that animates Calculus.

A feature of Calculus typically missed is its optimism. Public choice theory is commonly
characterized as anti-democratic, or as undermining faith in the democratic process
(Barry 1989; Christiano 1996, 2004). Rightly understood though, Calculus is an almost
giddy endorsement of democracy (of a specific form) in the face of what looked like dire
prospects for democratic theory.

The post Thrasher and Gaus on the Calculus of Consent appeared first on Marginal REVOLUTION.

23:15

USAID and Wall Street: Conflicts, Coups, and Conquest The Daily Coin

USAID and Wall Street: Conflicts, Coups, and Conquest by Tony Cartalucci Land Destroyer In 1928 when the US-based United Fruit Company now known as Chiquita Brands International faced labor issues in Columbia, it had at its disposal Colombian...

The post USAID and Wall Street: Conflicts, Coups, and Conquest appeared first on The Daily Coin.

23:00

10 Sunday Reads The Big Picture

My easy like Sunday morning reads:  The Robot Revolution Is Coming. Just Be Patient. (BloombergView)  This Market Isnt Ready to Surrender (Barrons)  Data Suggests Women Are Better (Behaved) Investors (Betterment)  5 Flaws That Kill Student Loan Collection Lawsuits (New York Times) Inside Googles Struggle to Filter Lies from Breaking News (BloombergTechnology) see also Google Has Picked

Read More

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...

22:45

WalMart Sells Silver Shield Den of Thieves Bars (Video) The Daily Coin

WalMart Sells Silver Shield Den of Thieves Bars Video Truth Never Told TDC Note Normally we wouldnt publish this type of material but it is too good to pass up. Video Source

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22:15

Lavrov Throws Washington a Bone over ISIS Collusion The Daily Coin

Lavrov Throws Washington a Bone over ISIS Collusion by Tom Luongo  Russia-Insider Russian Foreign Minister Sergei Lavrov hasnt become the worlds most respected diplomat without cause.  His recent statement, carried by Russian news agency ITAR-TASS, leaves open the avenue for a face-saving...

The post Lavrov Throws Washington a Bone over ISIS Collusion appeared first on The Daily Coin.

21:45

The two things that can pop the ICO bubble (Podcast) The Daily Coin

The two things that can pop the ICO bubble Podcast by Simon Black Sovereign Man In todays podcast, I tackle the subject of Initial Coin Offerings (ICOs). Regular readers know Im skeptical of cryptocurrencies. And I think many ICOs...

The post The two things that can pop the ICO bubble (Podcast) appeared first on The Daily Coin.

21:15

Judge Moores Signature Exposed a Naked Forgery (Video) The Daily Coin

Judge Moores Signature Exposed a Naked Forgery Video Bill Still The mystery behind the initials D.A. appended to Judge Roy Moores signature on his legal decisions have been cleared up. D.A. are the initials of his longtime legal...

The post Judge Moores Signature Exposed a Naked Forgery (Video) appeared first on The Daily Coin.

21:04

Debt Rattle November 19 2017 The Automatic Earth

Wyland Stanley Pontiac coupe at San Francisco Palace of Fine Arts 1935   A Fiscal Disappointment Tax Bill (Lebowitz) Mt. Goxs Bitcoin Customers Could Lose Again (R.) The Coming Economic Downturn In Canada (MN) How a Half-Educated Tech Elite Delivered Us Into Chaos (Naughton) Europe Turns On Facebook, Google

The post Debt Rattle November 19 2017 appeared first on The Automatic Earth.

20:45

Louis Vuitton Handbags Murdered to Make Gold Toilet The Daily Coin

Louis Vuitton Handbags Murdered to Make Gold Toilet from Schiff Gold At SchiffGold, we pride ourselves on being a full-service precious metals dealer, and my Fun on Friday column is no exception. I want to make sure Im providing you all...

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20:42

Russia blocks UN draft on Syria, cites Western bias The BRICS Post

Russia has vetoes 11 draft resolutions on Syria which it says are unfair and biased, often following fabricated evidence [Xinhua]


Russia has for the second time this week vetoed a draft resolution in the Security Council aimed at renewing the mandate of the Joint Investigative Mechanism (JIM), which investigates chemical weapons attacks in Syria.

The vetoed drafted presented by Japan to the Security Council on Saturday was designed to give JIM a temporary extension to continue its work.

It was a compromise draft that was meant to bridge differences between Russia and the US after Moscow vetoed a resolution on JIM on Friday.

Russian Ambassador to the UN Vassily A. Nebenzia said that Moscow could not support extending JIMs mandate because it had been biased and largely implementing an anti-Syria agenda imposed by Western countries.

There can be no other way after the JIMs [the UN-OPCW Joint Investigative Mechanism] leadership disgraced itself with its fictitious investigation into the sarin use incident in Khan Shaykhun and signed off on baseless accusations against Syria, he said.

In a September (and again in October) report, JIM had accused Syria and Russia of using chemical weapons against civilian centers in the city of Khan Shaykun last April.

Moscow had then accused the group of fabricating events; both Damascus and Moscow denied being involved in a chemical weapons attack and instead blamed Islamist extremist rebel groups for storing such armaments in civilian areas.

But JIM has generally blamed both sides for the use of illicit weapons during the seven-year Syrian civil war.

Bolivia also voted against the Japanese draft resolution, while China abstained.

The Russian veto sparked criticism from US Ambassador to the UN Nikki Haley: In a world in which the councils time and attention could be productively devoted to 100 different things, Russia is wasting our time, Ambassador Nikki R. Haley of the United States said after Russias latest veto was cast.

Russia can obstruct this council but it cant obstruct the truth.

Yet Russian officials maintain that JIM has been plagued with systemic deficiences and that its methods of operations and gathering evidence are flawed.

It warned that the mechanism needed significant and comprehensive overhaul in order to be a legitimate UN apparatus for fact-finding.

The BRICS Post with inputs from Agencies

20:15

What Happens When Quantum Computing and AI Merge? The Daily Coin

What Happens When Quantum Computing and AI Merge? from Financial Sense Theres a global arms race among companies and nations to achieve supremacy in both quantum computing and AI, Woody Preucil at 13D Research recently explained to Financial Sense Newshour...

The post What Happens When Quantum Computing and AI Merge? appeared first on The Daily Coin.

19:45

3 TROUBLING SIGNS OF THE EXPANDING WAR ON CHILDRENS HEALTH The Daily Coin

3 TROUBLING SIGNS OF THE EXPANDING WAR ON CHILDRENS HEALTH by ALEX PIETROWSKI The Daily Sheeple There are some disturbing trends developing in childrens welfare, tell-tale signs of which are emerging from mainstream media sources. Its an assault on the...

The post 3 TROUBLING SIGNS OF THE EXPANDING WAR ON CHILDRENS HEALTH appeared first on The Daily Coin.

19:25

As US Fuels War Crimes in Yemen, House Says US Involvement is Unauthorized naked capitalism

House passes non-binding resolution on US role in war in Yemen; the measure fails to confront the magnitude of the humanitarian crisis there.

19:15

The US/China Deal The Cabal Didnt Want You To Know About: Harley Schlanger (Video) The Daily Coin

The US/China Deal The Cabal Didnt Want You To Know About: Harley Schlanger Video X22 Report Video Source

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18:54

How to fix racial bias in policing Marginal REVOLUTION

We estimate the degree to which individual police officers practice racial discrimination. Traffic police regularly discount the charged speed on drivers tickets to avoid a discrete jump in the fine schedule. This behavior leads to an excess mass in the distribution of charged speeds just below the jump. Using a bunching estimation design and data from the Florida Highway Patrol, we show that minorities are less likely to receive this break than white drivers. We disaggregate to the individual police officer level and find significant heterogeneity across officers in their degree of discrimination, with 40% of officers explaining the entirety of the aggregate discrimination. Our measure of discrimination is easy to calculate and can be used by police departments as part of an early warning system. Using a simple personnel policy that reassigns officers across locations based on their lenience, departments can effectively reduce the aggregate disparity in treatment.

While 40% is a high number, overall I find that reassuring. That is from the job market paper of Felipe Goncalves, of Princeton University.

The post How to fix racial bias in policing appeared first on Marginal REVOLUTION.

17:15

Doug Casey on the Destruction of the Dollar The Daily Coin

Doug Casey on the Destruction of the Dollar by Justin Spittler Casey Research Justins note: Today, Casey Research founder Doug Casey explains the major problems with todays political solutionsand why its more irresponsible than ever to count on them....

The post Doug Casey on the Destruction of the Dollar appeared first on The Daily Coin.

17:05

How I stopped worrying and learned to love Amazon The Daily Coin

How I stopped worrying and learned to love Amazon by AGXIIK While I dont trade Amazon or buy from this company, an article from Michael Krieger of Liberty Blitzkrieg, posted on Zero Hedge, caught my eye. It lead me to...

The post How I stopped worrying and learned to love Amazon appeared first on The Daily Coin.

16:49

This seems whacky, yet I cannot refute it (from the comments), tax incidence department Marginal REVOLUTION

Here is an unrelated topic, but part of the general topic of tax incidence. Do federal employees pay income tax on their wages? I know they do nominally, but that tax goes back to their employer, the federal government. So, doesnt that mean that, while their actual salary may be lower than their official nominal salary, they actually dont pay any tax? (NB: this is quite different from a private sector employee whose after-tax salary is less than the pre-tax salary. In that case, the difference between the two does *not* go to the employer, creating a gap between what the employer pays and what the employee receives.)

For example, suppose a private firm and the federal government both value a workers output at $100k/yr and the tax rate is 20%. The private firm offers the worker $100k and the worker receives $80k after paying taxes. The federal government, however, can offer the worker $125k in nominal salary, *knowing that it will receive $25k back in income tax*. The net result is that the federal government pays $100k and the worker receives $100k after taxes, i.e., the worker earns $100k tax free, $20k more than he or she would earn at the private firm. Another way of seeing this is to note that taxes paid by employees are economically equivalent to taxes paid by employers. So, if employers received rebates for income taxes paid by employees, then the net income tax would be zero. Well, the federal government *does* receive a rebate for all income taxes paid by employees!

Doesnt this mean that taxes are doubly distortive? Not only do they discourage employment by creating a gap between what (private) employers pay and what workers receive the usual cited distortion they also distort the *composition* of the workforce by allowing the federal government to crowd out other employers.

That is from BC.

The post This seems whacky, yet I cannot refute it (from the comments), tax incidence department appeared first on Marginal REVOLUTION.

15:45

Uranium One Investigation Is Heating Up Avalanche To Start Dropping On Hillary Clinton By Monday The Daily Coin

Uranium One Investigation Is Heating Up Avalanche To Start Dropping On Hillary Clinton By Monday by Susan Duclos All News Pipeline John Solomon, one of The Hill writers that published a blockbuster report back in mid-October that there...

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15:20

The Kecksburg UFO Incident | The Conspiracy Files (Video) The Daily Coin

The Kecksburg UFO Incident | The Conspiracy Files Video AllTime Conspiracies In December 1965, a UFO crashed in Kecksburg, Pennsylvania. Government authorities swiftly confiscated the object. What exactly fell to Earth? Martin and Robin look at all the available...

The post The Kecksburg UFO Incident | The Conspiracy Files (Video) appeared first on The Daily Coin.

14:55

Shock: Black Death Patients Are ESCAPING The Hospital Over Fear Of Needles As Officials Worry Plague Could Spread The Daily Coin

Shock: Black Death Patients Are ESCAPING The Hospital Over Fear Of Needles As Officials Worry Plague Could Spread by Alex Thomas SHTFPlan Patients in Madagascar who are currently suffering from the plague have escaped multiple hospitals in the area over...

The post Shock: Black Death Patients Are ESCAPING The Hospital Over Fear Of Needles As Officials Worry Plague Could Spread appeared first on The Daily Coin.

14:40

Great Migration: 168,000 people Move From Puerto Rico to Florida The Daily Coin

Great Migration: 168,000 people Move From Puerto Rico to Florida by Mike Mish Shedlock The Maven The migration rivals those from New Orleans to Houston after Hurricane Katrina and from Cuba to Miami during the Mariel boatlift according to...

The post Great Migration: 168,000 people Move From Puerto Rico to Florida appeared first on The Daily Coin.

14:15

US Special Forces Provide Secret Cover For ISIS Retreat in Syria (Video) The Daily Coin

US Special Forces Provide Secret Cover For ISIS Retreat in Syria Video Russia-Insider Large ISIS combat units equipped with heavy weaponry and vehicles withdrew to the area controlled by Americans. According to Russias Ministry of Defense, the coalition aviation...

The post US Special Forces Provide Secret Cover For ISIS Retreat in Syria (Video) appeared first on The Daily Coin.

13:45

Federal Reserve Controls Coinbase, Coindesk, Kraken, Ripple The Daily Coin

Federal Reserve Controls Coinbase, Coindesk, Kraken, Ripple By Justin Danneman  Squawker My previous article focuses more on the central banker connections with Bitcoin and Bitcoin Cash, however I felt that exposing more of their connections is warranted. As an investor knowledge...

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13:15

5 Steps To Retiring Rich (Step 3) The Daily Coin

Retirement Dreams Becoming Nightmares

5 Steps To Retiring Rich (Step 3) by Nilus Mattive Daily Reckoning Part 1 Click Here Part 2 Click Here So far in this special series on retirement accounts weve talked about: Step 1: The two basic types of...

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13:00

The Problem With Apu The Big Picture

In The Problem With Apu, South Asian-American comedian Hari Kondabolu confronts his long-standing nemesis Apu Nahasapeemapetilon better known as the Indian convenience store owner on The Simpsons. Creator and star Kondabolu discusses how this controversial caricature was created, burrowed its way into the hearts and minds of Americans, and continues to exist intact

Read More

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...

12:45

Danielle DiMartino Booth: A Sea Change Could Be on the Feds Horizon (Video) The Daily Coin

A Sea Change Could Be on the Feds Horizon Video Grant Williams Three contributors to the Real Vision Think Tank discuss their views on the most important areas upon which investors should currently be focusing. Maleeha Bengali of MB...

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12:15

You Have Been Warned The Daily Coin

You Have Been Warned by Lance Roberts Real Investment Advice Investors arent paying attention. There is an important picture that is currently developing which, if it continues, will impact earnings and ultimately the stock market. Lets take a look...

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11:45

BITCOINS SUCCESS IS EXCELLENT NEWS FOR GOLD The Daily Coin

BITCOINS SUCCESS IS EXCELLENT NEWS FOR GOLD BY PHILIPPE HERLIN  GoldBroker 2017 isnt over yet but one could say, without a doubt, it has been a good year for Bitcoin from 1,000 dollars at the start of January to more...

The post BITCOINS SUCCESS IS EXCELLENT NEWS FOR GOLD appeared first on The Daily Coin.

11:15

Images 19/11/17 Follow The Money

the latest from snoop dogg..er..lion..erm..dogg again..

...

11:15

Keiser Report: Will Weapons of Mass Financial Destruction Be Used against Qatar? (Video) The Daily Coin

Keiser Report: Will Weapons of Mass Financial Destruction Be Used against Qatar? Video RT In this episode of the Keiser Report Max and Stacy discuss the bizarre documents leaked to TheIntercept.com exposing an alleged financial plan to attack Qatar...

The post Keiser Report: Will Weapons of Mass Financial Destruction Be Used against Qatar? (Video) appeared first on The Daily Coin.

10:48

Putin Delivers Over Two Thousand Tonnes Of Humanitarian Aid To Syrias Golan Heights Region Of Daraa: U.N. Demands Israel Leave Golan Heights Political Vel Craft

KHMEIMIM /Syria/, November 18. /TASS/. Russian officers have delivered more than 2,000 tonnes of humanitarian aid to residents of the populated locality of Al-Shakrahiyah in the Syrian region of Daraa, Chief of the Russian center for reconciliation of opposing sides in Syria General Sergei Kuralenko said at a daily briefing on Saturday. The Russian center []

10:45

U.S. Treasury Becomes a Laughing Stock The Daily Coin

U.S. Treasury Becomes a Laughing Stock By Pam Martens and Russ Martens Wall Street on Parade U.S. Treasury Secretary Steven Mnuchin appears to have inaugurated a perpetual bring your wife to work day. Its become so farcical that it frequently...

The post U.S. Treasury Becomes a Laughing Stock appeared first on The Daily Coin.

10:15

US Congressional hearing: Former FBI agent says tech companies must silence sources of rebellion The Daily Coin

US Congressional hearing: Former FBI agent says tech companies must silence sources of rebellion By Andre Damon The Greanville Post Top legal and security officials for Facebook, Twitter and Google appeared before the Senate Judiciary Committee Tuesday, in a hearing...

The post US Congressional hearing: Former FBI agent says tech companies must silence sources of rebellion appeared first on The Daily Coin.

09:45

How Banks, Investment Companies, and the Stock Market Are RIPPING YOU OFF Right Now! (Video) The Daily Coin

How Banks, Investment Companies, and the Stock Market Are RIPPING YOU OFF Right Now! Video The Money GPS Video Source

The post How Banks, Investment Companies, and the Stock Market Are RIPPING YOU OFF Right Now! (Video) appeared first on The Daily Coin.

09:43

Have You Lost Your Mind? (Preview) Jim Sinclair's Mineset

Dave asks the question have you lost your mind? One of our more interesting, yet down to basics recordings. A gold subscription gives you access to Bill Holters full articles and a weekly discussion video posted on the weekend. If you would like to purchase a subscription please go to https://www.jsmineset.com/membership-account/membership-checkout/?level=1 If you wish to... Read more

The post Have You Lost Your Mind? (Preview) appeared first on Jim Sinclair's Mineset.

09:15

Shocking CDC Tests Reveal 3,800 US Water Supplies Up To 400% MORE Contaminated Than Flint The Daily Coin

Shocking CDC Tests Reveal 3,800 US Water Supplies Up To 400% MORE Contaminated Than Flint by John Vibes The Free Thought Project An investigation found that Flint, Michigan ranks nowhere near the top when it comes to lead in...

The post Shocking CDC Tests Reveal 3,800 US Water Supplies Up To 400% MORE Contaminated Than Flint appeared first on The Daily Coin.

09:05

FBI Informant Has Video Of Russian Agents With Briefcases Of Bribe Money In Clinton-Uranium Scandal The Daily Coin

FBI Informant Has Video Of Russian Agents With Briefcases Of Bribe Money In Clinton-Uranium Scandal from iBankCoin via ZeroHedge An undercover FBI informant in the Russian nuclear industry who was made to sign an illegal NDA by former AG Loretta...

The post FBI Informant Has Video Of Russian Agents With Briefcases Of Bribe Money In Clinton-Uranium Scandal appeared first on The Daily Coin.

08:45

Peppermint and Ginger Are Wonderful Healing Herbs For Self-Care The Daily Coin

Peppermint and Ginger Are Wonderful Healing Herbs For Self-Care By Dayna Colvin  Natural News Peppermint and ginger are two of my favorite healing herbs. I discovered peppermint when I was 10 years old and I have used it all my life...

The post Peppermint and Ginger Are Wonderful Healing Herbs For Self-Care appeared first on The Daily Coin.

08:37

What Is The PM Community To Think? (Preview) Jim Sinclair's Mineset

This is coming out later than planned as my week was one of total disarray. My lovely wife decided on a little fixer upper project that required all furniture in the house to be removed. As a mental picture, I have been relegated to the outdoors with our 4 dogs during working hours and get... Read more

The post What Is The PM Community To Think? (Preview) appeared first on Jim Sinclair's Mineset.

08:15

Whats About to Happen (Video) The Daily Coin

Whats About to Happen Video The Crow House Max Igan The illusion of freedom will continue for as long as its profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they...

The post Whats About to Happen (Video) appeared first on The Daily Coin.

08:00

07:45

Gold, Interest Rates and Super Cycles The Daily Coin

Gold, Interest Rates and Super Cycles by Jim Rickards Daily Reckoning When the Fed raised interest rates last December, many believed gold would plunge. But it didnt happen. Gold bottomed the day after the rate hike, but then started...

The post Gold, Interest Rates and Super Cycles appeared first on The Daily Coin.

07:15

Magic Wand: Russia Buying Gold at Record Pace, Unlikely to Lose Momentum The Daily Coin

Magic Wand: Russia Buying Gold at Record Pace, Unlikely to Lose Momentum from Sputnik News Russia has been expanding its gold reserves at a record pace, according to information from the World Gold Council (WGC). Russian business newspaper Kommersant suggests...

The post Magic Wand: Russia Buying Gold at Record Pace, Unlikely to Lose Momentum appeared first on The Daily Coin.

06:49

[KR1151] Keiser Report: Will Weapons of Mass Financial Destruction Be Used against Qatar? Max Keiser and Stacy Herbert

In this episode of the Keiser Report Max and Stacy discuss the bizarre documents leaked to TheIntercept.com exposing an alleged financial plan to attack Qatar with weapons of mass financial destruction. In the second half Max continues his interview with Max Blumenthal about #russiagate, #TheResistance, AIPAC and more.

06:45

Mercenary Inside the Delano Las Vegas Shooting Investigation Part 41 (Video) The Daily Coin

Mercenary Inside the Delano Las Vegas Shooting Investigation Part 41 Video End Times News Report While action was taking place in the top of the Mandalay Bay during the Las Vegas Shooting, something else was playing out...

The post Mercenary Inside the Delano Las Vegas Shooting Investigation Part 41 (Video) appeared first on The Daily Coin.

06:15

Stocks and Precious Metals Charts The Willful Mispricing of Risk The Daily Coin

Stocks and Precious Metals Charts The Willful Mispricing of Risk by Jesse Jesses Crossroads Cafe TDC Note When I saw the image Jesse had created I knew it was going to be a good one he...

The post Stocks and Precious Metals Charts The Willful Mispricing of Risk appeared first on The Daily Coin.

05:45

Please Contribute To The 2017 Michael Snyder For Congress Money Bomb The Daily Coin

Please Contribute To The 2017 Michael Snyder For Congress Money Bomb by Michael Snyder The Economic Collapse Blog TDC Note We are making our contribution today. We hope you will consider supporting Michaels efforts. Not sure that voting...

The post Please Contribute To The 2017 Michael Snyder For Congress Money Bomb appeared first on The Daily Coin.

05:15

COMEX Record Trading Volumes vs Retail Bullion Buyer Capitulation | iGoldAdvisors Christopher Aaron (Video) The Daily Coin

COMEX Record Trading Volumes vs Retail Bullion Buyer Capitulation | iGoldAdvisors Christopher Aaron Video Silver Doctors Interview Highlights include: Chris background and public entrance into precious metals analysis Why technical analysis matters regardless of potential manipulation ...

The post COMEX Record Trading Volumes vs Retail Bullion Buyer Capitulation | iGoldAdvisors Christopher Aaron (Video) appeared first on The Daily Coin.

04:45

President Trumps Biggest Blunder The Daily Coin

President Trumps Biggest Blunder by Dave Hodges The Common Sense Show AG Sessions has announced that he is refusing to prosecute Wasserman Schultz and Lois Lerner despite overwhelming evidence against them. Didnt President Trump promise to drain the swamp?...

The post President Trumps Biggest Blunder appeared first on The Daily Coin.

04:42

In The News Today Jim Sinclair's Mineset

Bill Holters Commentary I think the word ungrateful comes to mind. Does he have any idea what the punishment would have been had these young men gone through the legal process in China? LaVar Ball on Trumps role in getting UCLA players released in China: Who?November 18, 2017 LaVar Ball, whose son was one of... Read more

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

04:15

Islamic Indoctrination Speaker Canceled By CT Public School Due To Parental Outrage & Community Backlash The Daily Coin

Islamic Indoctrination Speaker Canceled By CT Public School Due To Parental Outrage & Community Backlash by Tim Brown Freedom Outpost A Connecticut public middle school canceled the indoctrination by an Islamic speaker after parents were outraged and there was...

The post Islamic Indoctrination Speaker Canceled By CT Public School Due To Parental Outrage & Community Backlash appeared first on The Daily Coin.

04:03

The Great Retirement Con Max Keiser and Stacy Herbert

40 years ago, a grand experiment was embarked upon. One that promised US workers: Using new defined contribution retirement savings vehicles such as IRAs and 401k,, theyd be better off when they reached retirement age.

Which raises a simple but very important question: How have things worked out?

The answer? Not well at all for the vast majority of Americans, for whom retirement will remain a perpetual myth.

03:52

Today No Metals Die: Gold & Silver Prices Rise To Finish The Week Strong Max Keiser and Stacy Herbert

Its nice to see a volume spike on the bid side for a change:

We have been saying for weeks now, and probably sound like a broken record, that sooner or later the open interest has to come down. There are two ways it can come down, by a brute force paper dump and then the bullion banking cartel, also known as the commercials, step in and buy back all those contracts they sold short.

The other way is just to buy them back, which would drive the price up in a short covering event. Well have to see what happened to the level of open interest to start to see if the banks are covering their shorts.

The cartel has tried to smash all week, starting on Sunday night at 10:30 p.m. EST, but each time the dip has been bought:

And then the surge into the afternoon happened. We were reluctant to put out an article, because looking at the chart above, the last time gold hit $1290 BAM! That was on Wednesday and it got knocked right back down.

Although the precious metals have held on to their gains into the close:

Gold and silver faded the move but started turning up again late in the afternoon.

Not helping the cartel is a US dollar that is breaking down:

 

We are not even going to post the inverse head-n-shoulders pattern because its a done deal. We are now at 93.666 on the chart.

A chart of the US Dollar/Japanese Yen shows similar breakdown, meaning that the yen is strengthening against the dollar.

So a combination of a weakening dollar, and strengthening yen and any short covering would be a step in understanding the rise on the day.

Because it had nothing to do with fear:

The VIX has actually fallen for two days in a row nad is now below 12 (though still above the 200-day moving average).

But back to the metals, individually.

Things are actually starting to shape up nicely on the silver weekly chart:

...

03:45

SILVER BULL CAPITULATES & TRAGEDY STRIKES CLOSE TO ROTHSCHILD (Video) The Daily Coin

SILVER BULL CAPITULATES & TRAGEDY STRIKES CLOSE TO ROTHSCHILD Video SGTReport TDC Note I would say a charlatans colors are exposed instead of a silver bull capitulates. As most of you have probably noticed we havent published a...

The post SILVER BULL CAPITULATES & TRAGEDY STRIKES CLOSE TO ROTHSCHILD (Video) appeared first on The Daily Coin.

03:43

The Demise of Dissent: Why the Web Is Becoming Homogenized Max Keiser and Stacy Herbert

Weve all heard that the problem with the web is fake news, i.e. unsubstantiated or erroneous content thats designed to mislead or sow confusion.

The problem isnt just fake newsits the homogenization of the web, that is, the elimination or marginalization of independent voices of skepticism and dissent.

There are four drivers of this homogenization:

1. The suppression of dissent under the guise of ridding the web of propaganda and fake newsin other words, dissent is labeled fake news as a cover for silencing critics and skeptics.

2. The sharp decline of advertising revenues flowing to web publishers, both major outlets and small independent publishers like Of Two Minds.

3. The majority of advert revenues now flow into the coffers of the quasi-monopolies Facebook and Google.

4. Publishers are increasingly dependent on these quasi-monopolies for readers and visibility: any publisher who runs afoul of Facebook and Google and is sent to Digital Siberia effectively vanishes.

The reason why publishers advert incomes are plummeting are four-fold:

1. Most of the advert revenues in the digital market are being skimmed by Facebook and Google, as the chart below illustrates.

2. Ad blockers have become ubiquitous.

3. Few people click on the display ads that are the standard in desktop web publishing; in other words, these ads simply dont work very well, and much of the revenue being generated is click-fraud, i.e. bots not real people clicking on adverts because theyre interested in the product/service. As a result, advertisers are pulling away from these type of ads as they search for advert models that arent so vulnerable to click-fraud.

4. The web is increasingly shifting to mobile, which has fewer advert spots due to the small size of the display. In addition, major third-party advert services such as Google Adsense place restrictions on the number and size of ads being displayed on publishers sites.

The systemic erosion of advert revenues for everyone other than FB and Google is evident everywhere: for example, BuzzFeed Set to Mis...

03:15

Next-Generation Crazy: The Fed Plans For The Coming Recession The Daily Coin

John Rubino Which Way is Up?

Next-Generation Crazy: The Fed Plans For The Coming Recession by John Rubino Dollar Collapse Insanity, like criminality, usually starts small and expands with time. In the Feds case, the process began in the 1990s with a series of (in...

The post Next-Generation Crazy: The Fed Plans For The Coming Recession appeared first on The Daily Coin.

02:50

Craig Hemke & Eric Sprott Weekly Wrap-Up 111717 (Podcast) The Daily Coin

Craig Hemke & Eric Sprott

Craig Hemke & Eric Sprott Weekly Wrap-Up 111717 Podcast Sprott Money News

The post Craig Hemke & Eric Sprott Weekly Wrap-Up 111717 (Podcast) appeared first on The Daily Coin.

02:30

The Great Retirement Con The Daily Coin

The Great Retirement Con by Adam Taggart Peak Prosperity Frankly put: retirement is now a myth for the majority The Origins Of The Retirement Plan Back during the Revolutionary War, the Continental Congress promised a monthly lifetime income to...

The post The Great Retirement Con appeared first on The Daily Coin.

02:10

Financial Conditions Easiest Since 1994 (Video) The Daily Coin

Financial Conditions Easiest Since 1994 Video Peter Schiff Video Source

The post Financial Conditions Easiest Since 1994 (Video) appeared first on The Daily Coin.

02:00

MiB: Greg Sands, Costanoa Ventures & Netscape The Big Picture

Our conversation this weekend is with Greg Sands, founder of Costanoa Ventures. Sands was the first product manager at Netscape Communications, and created the business plan for the company. He also coined the name Netscape. Prior to founding Costanoa, Sands was a Managing Director at legendary venture fund Sutter Hill, where he invested in early stage

Read More

The post MiB: Greg Sands, Costanoa Ventures & Netscape appeared first on The Big Picture.

...

01:57

Daily Digest 11/18 - Running Straight Into Worst Case Scenario, India's Toxic Air Peak Prosperity

Daily Digest 11/18 - Running Straight Into Worst Case Scenario, India's Toxic Air
  • Running Straight into Worst Case Scenario Gregory Mannarino
  • A Great Migration From Puerto Rico Is Set to Transform Orlando
  • Rob From The Middle Class Economics
  • Tax bill that passed the House would cripple training of scientists
  • Walking While Black
  • Saudi Arabias Risky Market Share Sacrifice
  • Island Nations, With No Time to Lose, Take Climate Response Into Their Own Hands
  • What Its Like to Live in Indias Toxic Air

Join the conversation

01:45

Who Gets to Push the Nuclear Button? The Daily Coin

Who Gets to Push the Nuclear Button? Paul Craig Roberts William Binney is the former National Security Agency (NSA) official who created NSAs mass surveillance program for digital information. He says that if the Russian government had conspired with Trump,...

The post Who Gets to Push the Nuclear Button? appeared first on The Daily Coin.

01:20

James Turk Predicted Fridays Gold & Silver Surge Now Says Metals May Be Ready To Fly Audio Interview The Daily Coin

James Turk Predicted Fridays Gold & Silver Surge Now Says Metals May Be Ready To Fly Audio Interview from King World News How Did You Know? November 18 (King World News)  Eric King:  James, quite a day today.  And...

The post James Turk Predicted Fridays Gold & Silver Surge Now Says Metals May Be Ready To Fly Audio Interview appeared first on The Daily Coin.

00:55

The Morgan Reports Weekly Perspective 111717 (Video) The Daily Coin

The Morgan Reports Weekly Perspective 111717 Video David Morgan The Morgan Reports Weekly Perspective is our free e-newsletter. Our free e-newsletter will keep YOU in the top 3% of the Informed, the Awake, and the Aware. Join our Free...

The post The Morgan Reports Weekly Perspective 111717 (Video) appeared first on The Daily Coin.

00:49

America is in Terminal Decline The Automatic Earth

Rembrandt van Rijn The Three Crosses 1653   John Rubino recently posted a graph from Bob Prechters Elliot Wave that points to some ominous signs. It depicts the S&P 500, combined with consumer confidence and savings rate. As the accompanying video at Elliott Wave, What Too Confident to Save Means for Stocks, shows, when the

The post America is in Terminal Decline appeared first on The Automatic Earth.

00:30

Ed Steer: Gold/Silver Price Management Scheme Will End Spectacularly & Suddenly (Podcast) The Daily Coin

Ed Steer: Gold/Silver Price Management Scheme Will End Spectacularly & Suddenly Podcast by Mike Gleason Money Metals Coming up well hear a fantastic interview with first time guest Ed Steer of Ed Steers Gold and Silver Digest and also...

The post Ed Steer: Gold/Silver Price Management Scheme Will End Spectacularly & Suddenly (Podcast) appeared first on The Daily Coin.

00:05

Banks Control Bitcoin and Bitcoin Cash. We Are Being Played The Daily Coin

Banks Control Bitcoin and Bitcoin Cash. We Are Being Played By Justin Danneman  Squawker TDC Note With bitcoin being developed and introduced to the world by a ghost it would make sense the people messing around with this latest illusion of...

The post Banks Control Bitcoin and Bitcoin Cash. We Are Being Played appeared first on The Daily Coin.

00:00

We're Living in the Age of Capital Consumption Mises Wire

By: Ronald-Peter Stferle
burned.PNG

When capital is mentioned in the present-day political debate, the term is usually subject to a rather one-dimensional interpretation: Whether capital saved by citizens, the question of capital reserves held by pension funds, the start-up capital of young entrepreneurs or capital gains taxes on investments are discussed in all these cases capital is equivalent to money. Yet capital is distinct from money, it is a largely irreversible, definite structure, composed of heterogeneous elements which can be (loosely) described as goods, knowledge, context, human beings, talents and experience. Money is only the simplifying aid that enables us to record the incredibly complex heterogeneous capital structure in a uniform manner. It serves as a basis for assessing the value of these diverse forms of capital.

Modern economics textbooks usually refer to capital with the letter C. This conceptual approach blurs the important fact that capital is not merely a single magnitude, an economic variable representing a magically self-replicating homogenous blob but a heterogeneous structure. Among the various economic schools of thought it is first and foremost the Austrian School of Economics, which stresses the heterogeneity of capital. Furthermore, Austrians have correctly recognized, that capital does not automatically grow or perpetuate itself. Capital must be actively created and maintained, through production, saving, and sensible investment.

Moreover, Austrians emphasize that one has to differentiate between two types of goods in the production process: consumer goods and capital goods. Consumer goods are used in immediate consumption such as food. Consumer goods are a means to achieve an end directly. Thus, food helps to directly achieve the end of satisfying the basic need for nutrition. Capital goods differ from consumer goods in that they are way-stations toward the production of consumer goods which can be used to achieve ultimate ends. Capital goods therefore are means to achieve ends indirectly. A commercial oven (used for commercial purposes) is a capital good, which enables the baker to produce bread for consumers. 

Through capital formation, one creates the potential means to boost productivity. The logical precondition for this is that the production of consumer goods must be temporarily decreased or even stopped, as scarce resources are redeployed toward the production of capital goods. If current production processes generate only fewer or no consumer goods, it follows that consumption will have to be reduced by the quantity of consumer goods no longer produced. Every deepening of the production s...

Saturday, 18 November

23:56

When does caste integration bring greater understanding? Marginal REVOLUTION

It should be collaborative rather than adversarial:

Integration is a common policy used to reduce discrimination, but different types of integration may have different effects. This paper estimates the effects of two types of integration: collaborative and adversarial. I recruited 1,261 young Indian men from different castes and randomly assigned them either to participate in month-long cricket leagues or to serve as a control group. Players faced variation in collaborative contact, through random assignment to homogeneous-caste or mixed-caste teams, and adversarial contact, through random assignment of opponents. Collaborative contact reduces discrimination, leading to more cross-caste friendships and 33% less own-caste favoritism when voting to allocate cricket rewards. These effects have efficiency consequences, increasing both the quality of teammates chosen for a future match, and cross-caste trade and payouts in a real-stakes trading exercise. In contrast, adversarial contact generally has no, or even harmful, effects. Together these findings show that the economic effects of integration depend on the type of contact.

That is from a new paper by Matt Lowe, and Matt is a job market candidate coming out of MIT.

And here is a recent paper by Devesh Kapur, Chandra Bhan Prasad, Lant Pritchett and D. Shyam Babu, on the benefits of modernity for Dalits, here is one short bit of the abstract:

The survey results show substantial changes in a wide variety of social practices affecting Dalit well-beingincreased personal consumption patterns of status goods (e.g. grooming, eating), widespread adoption of elite practices around social events (e.g. weddings, births), less stigmatising personal relations of individuals across castes (e.g. economic and social interactions), and more expansion into nontraditional economic activities and occupations.

That said, please do not confuse big improvements with no serious problem.

The post When does caste integration bring greater understanding? appeared first on Marginal REVOLUTION.

23:45

Is the Uranium Bear Market Finally Over? (Video) The Daily Coin

Is the Uranium Bear Market Finally Over? Video Wall St for Main St Is the Uranium bear market finally over? What do you think? Is the bear market over, is it about to end or will it not end...

The post Is the Uranium Bear Market Finally Over? (Video) appeared first on The Daily Coin.

23:15

Federal Reserve Enters Uncharted Territory as It Prepares for Next Recession The Daily Coin

Western Banking System Is Totally Broken, Totally Insolvent, Totally Corrupt

Federal Reserve Enters Uncharted Territory as It Prepares for Next Recession From Birch Gold Group The Fed has openly recognized were headed towards the next severe downturn. With their backs against the wall, theyre preparing for this eventuality by looking at...

The post Federal Reserve Enters Uncharted Territory as It Prepares for Next Recession appeared first on The Daily Coin.

23:10

6 Essential Habits for Leading the Good Life Hang The Bankers

Everybody wants a slice of the so-called good life. For some people, that might mean a nice house, or a beachside vacation. However you define the good life, you want it, and not just for a short time. You want the good life to be your life. But how do you get there? While the

22:15

Lyndon Johnson's Terrible Legacy Mises Wire

By: Patrick Barron
johnson.PNG

Recently my wife and I spent a morning at the Lyndon Baines Johnson Presidential Library in Austin, Texas. The damage done by this big bully is incalculable. His library reminds us of the start of the blizzard of government expansion during Johnson's presidential term, which lasted from the Kennedy assassination in October 1963 to his decision not to run for a full second term in 1968, which usually is attributed to his failure to end the war in Vietnam.

Johnson was an admirer of FDR and was determined to revive and complete what he believed should have been integral parts to FDR's New Deal. Johnson called his program The Great Society. As if ignorance of the consequences of this socialist expansion of domestic control by government was not enough, LBJ expanded the war in Vietnam, promising America both Guns and Butter. Even today we live with this expansion of government domestic programs and seemingly never-ending wars as the modern Welfare/Warfare state.

The Johnson Treatment

I called Johnson a big bully in the paragraph above. I believe my assessment is justified by what actually is celebrated at his presidential library. The displays proudly explain and document "the Johnson touch" in print, photograph, and actual recorded telephone interviews. Johnson was a big man who towered over most people. He had a habit of getting very close to someone, leaning over at the waist, and forcing his partner in conversation to bend over backwards to avoid an uncomfortable encounter with LBJ's face. There is a large picture of Johnson giving Supreme Court Associate Justice Abe Fortas this "Johnson Treatment", literally face-to-face. Fortas, who was a long time LBJ supporter, appears to be taking the "Treatment" in good humor, but it is easy to see how it would be almost impossible to keep one's dignity with the president of the United States performing this obviously uncomfortable act.

Surprisingly the JBJ Library celebrates the Johnson Treatment with recorded phone conversations. One conversation was with powerful US Senator Richard Russell, a long time LBJ colleague. Johnson wanted Russell as his personal eyes and ears on the Warren Commission, tasked with investigating the Kennedy assassination. In the recorded phone conversation we hear Russell politely tell LBJ that he is honored but that he has no respect for Supreme Court Justice Earl Warren and must decline the offer. LBJ then badgers and bullies Russell into accepting the position. He says that he wants Russell to ensure that the commission...

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