Strolling along the side of the great river last night, listening to the thud, thud of the giant barges, the idea that a weakened Germany would remain ever willing to dance to someone else’s tune seems, at best, fanciful
It’s the end of July, and we’re over half-way through 2012, a year that many, including myself, see as massively significant in the history of our planet. We are also rapidly approaching a specific date, Winter Solstice (12/21/12), or Oxlaju Baktun, in the Mayan calendrics, which most of those same people see as epically pivotal. So, what better time than this to take a step back, and take a hard look at how all this is going.
Everyone is talking about the Mayan Prophecies of 2012. But who is listening to the Maya? This groundbreaking film brings us the voices of the Mayan people as they share their perspectives on the prophecies of their ancestors and their fight to defend Mother Earth and their culture from destruction. 2012 The Mayan Word is both a message of hope and a call to action. Featuring testimonies from contemporary Mayans throughout Mesoamerica, from spiritual guides to activists, community leaders, farmers, artists, teachers, and children, this film is an extraordinary journey into the heart of Mayan struggle and spirituality.
David Roseinberg goes on to highlight a very worrisome indicator - that favored by ex-PIMCO’s Paul McCulley. The YoY trend in the three-month moving average of core capex orders (which was updated last Friday) has just cracked negative, crushing the hopes of US growth prospects and
The Bank Index and the Regional Bank ETF (IAT) are both at or near key falling resistance lines. YTD the banks have reflected relative strength. Markets around the world are facing key falling resistance lines at this time, so the price action of the banks becomes all the more important! So Goes the banks so goes the broad market? I believe so! Keep a close eye on how the banks handle these resistance lines, regardless of what Draghai says or does!
In other words, unpleasant facts can be hidden behind purposely meaningless language. As just one example, Americans have been conditioned to accept the word “democracy” as a synonym for freedom. Thus we are conditioned to believe that democracy is always and everywhere benevolent.
The problem is that democracy is not freedom. Democracy is simply majoritarianism, which is inherently incompatible with freedom. While our Constitution certainly features certain democratic mechanisms
It appears that the world is headed in the direction of a massive assault upon wealth everywhere. The culmination of class warfare seems to be coming to a head all because government owes so damn much in interest, there may be no way out but complete collapse. I fear that we are creating such hatred of anyone who has any money, that we may see this explode in our face as it did in Russia. The race card is now being rolled out
A NUN who has been superior at a Syrian monastery for the past 18 years has warned that media coverage of ongoing violence in that country has been “partial and untrue”. It is “a fake”, Mother Agnes Mariam said, which “hides atrocities committed in the name of liberty and democracy”.
The joining of northern and southern Europe under a common currency, but without a common fiscal policy, has proved untenable. The alternatives to continued bailouts of Greece, Portugal and probably Spain are the dissolution of the euro area, runs on the banks by investors and the risk of a continent-wide depression. The dire outlook was
The world remains in barely contained slump. Industrial output is still below earlier peaks in Germany (-2), US (-3), Canada (-8) France (-9), Sweden (-10), Britain (-11), Belgium (-12), Japan (-15), Hungary (-15) Italy (-17), Spain (-22), Greece (-27), according to St Louis Fed data. By that gauge this is proving more intractable than the Great Depression.
One of the latest examples comes from the California coastal city of Hermosa Beach, where some community service staffers who collect money from parking meters and manage their operations – positions once widely known as “meter maids” – are making nearly $100,000 a year in total compensation, according to city documents
A team of researchers looking into why cancer cells are so resilient accidentally stumbled upon a far more important discovery. While conducting their research, the team discovered that chemotherapy actually heavily damages healthy cells and subsequently triggers them to release a protein that sustains and fuels tumor growth. Beyond that, it even makes the tumor highly resistant to future treatment
Scientists in Norway have released results from experimental feeding studies carried out over a 10-year period, and the verdict is in: If you want to avoid obesity, then avoid eating genetically engineered (GE) corn, corn-based products, and animals that are fed a diet of GE grain. As reported by Cornucopia.org1, the project also looked at the effects on organ changes, and researchers found significant changes that affected weight gain, eating behaviors, and immune function. How Genetically Engineered Corn and Soy Can Wreak Havoc on Your Health
Have a Coke and a smile. Or, if you’re part of the ‘new generation,’ a Pepsi. One taste of those excito-toxins and you won’t worry about aborted fetal cells or cancer-causing chemicals. After all, who wants to think about Type 2 Diabetes when they just want a sweet reward, and a moment to relax?
Negative third-quarter outlooks from America’s largest companies are already outpacing positive forecasts by the widest margin in 11 years. Look for that to get much worse — and for yet another prop to be knocked out from under stocks. Third, the euro crisis will deepen as the currency implodes, heading for parity against the U.S. dollar! Later, the 17-nation euro currency bloc will actually fracture with Greece and Spain exiting in a desperate attempt to bolster their economies.
That’s exactly why the U.S. is in such trouble; it’s idiotically focused on consumption, while only production can create prosperity. The world doesn’t need to stimulate consumption. This is another canard, because everybody has an infinite desire for goods and