It took a paltry $1.15 million in bribes to get everyone in the Senate on the same page. And the biggest shocker: with a total of $195,550 in "donations", or more than double the second largest donor UPS, was none other than Goldman Sachs.
“The Bible is for the government of the People, by the People and for the People.” –John Wycliffe
Just in the month of May, we have seen the attacks toward America’s Christian heritage intensify. Lance Cpl. Monifa Sterling was court -martialed for refusing to take down a paraphrased Bible verse on her computer. General Craig Olson stated at the congressionally supported National Day of Prayer Task Force that God guided him and strengthened his career and that he was a redeemed believer in Christ. Soon afterward, the anti-theists wanted to have him court–martialed. A high school principal was fired after he read the Bible and prayed with a group of students during a volunteer Christian group meeting. A Florida teacher humiliated a 12-year-old boy in front of an entire class after she caught him reading the Bible during free reading time. The good news is that, in each situation, they are contesting their rights and are fighting back (Jude 1:3).
Read More @ Thesleuthjournal.com
Submitted by Tyler Durden on 05/31/2015 - 10:45 "Whether we will establish an ADIZ in the South China Sea will depend on whether our maritime security will be threatened," Adm. Sun Jianguo, deputy chief of staff of the People’s Liberation Army said at a security event in Singapore on Sunday. China also claims its man-made islands in the Spratlys are primarily for providing "international public services." Its regional neighbors aren't so sure.
There are two types of people in this world: the glass-half-fulls and the glass-half-empties. The fulls see the silver lining to every gray cloud and the empties scoff at silver linings. It’s the yin and yang of human nature, and, like all such dualities, we’re all a little bit of both, depending on the situation.
But whichever side might be more dominant in you, one thing is for certain: locking ourselves away from the other perspective isn’t healthy. It’s too easy these days to get lost in the echo chamber of online opinions where we only ever read what we already believe to be true. The fulls believe everything is hunky dory because the websites they frequent and the people they talk to focus on the positives and downplay the rest. The empties are the opposite.
Read More @ The International Forecaster
In a press release, the groups highlighted the links between Citigroup—which has lobbied extensively on the TPP, TTIP, and Fast Track authority—and Froman, who they note “received a more than $4 million golden parachute from Citigroup upon leaving the large financial institution to join the Obama administration in 2009.” In particular, the letter’s signatories are concerned that provisions in proposed trade agreements like the Trans-Pacific Partnership (TPP) or the TransAtlantic Trade & Investment Partnership (TTIP) would weaken or rollback existing U.S. financial regulations, for the benefit of big banks.
– From the Common Dreams article: Is US Trade Rep a Wall Street Crony? Groups Demand Transparency.
No one is pushing harder to pass the multi-national corporate giveaway masquerading as a free trade deal, known as the Trans-Pacific Partnership (TPP), than Obama’s top trade representative, Michael Froman. Therefore, we probably should know a little bit about him. What do you know? Probably not much.
Read More @ libertyblitzkrieg.com
On Friday, G7 finance ministers agreed that China’s renminbi inclusion into the International Monetary Fund’s SDR currency basket is desirable, but the technical requirements review must still precede renminbi inclusion. This isn’t exactly news.
The main takeaway is that German Finance Minister Wolfgang Schaeuble’s statement can be construed to indicate that the US position has moved further towards the embrace of the renminbi’s inclusion into the IMF’s SDR basket. The IMF held its informal board meeting earlier this month. In the fall, a formal review will proceed and a decision is likely to be announced.
Read More @ TheNewsDoctors.com
The volatility of global equities was on the rise this week, with significant sell-offs on the major stock exchanges in the U.S. (Tuesday) and China (Thursday). This coincided with a downward revision of first-quarter GDP amid an array of other disappointing economic data. Funds continued to crowd into the bond markets, though the precious metals still traded flat.
Distinguished Spanish-American philosopher and writer George Santayana was probably the first to utter this prescient wisdom in the late 19th century; the insight has been repeated in slightly different forms many times since. In spite of these widespread references to the idea of humankind being damned to repeat its follies if the lessons of history are ignored, we ironically continue to make this same error time and time again.
Read More @ OutsiderClub.com
For the first time in its country’s history, Portugal sold 6 month T-bills at a negative yield. The 300 million euros ($333 million) worth of bills due in November 2015 sold at an average yield of minus 0.002%. A negative yield means investors buying these securities will get back less money from the government than they paid when the debt matures. To put this in perspective, the 10 year note in Portugal now yields just 2.38%, down from 18% a mere three years ago. Back in 2012, creditors grew wary of the countries referred to as PIIG’s (Portugal, Ireland, Italy and Greece) and their ability to pay back the massive amounts of outstanding debt. Consequently, creditors drove interest rates dramatically higher to reflect the added risk of potential defaults.
If a person had fallen into a deep slumber in the midst of the 2012 Eurozone debt crisis and awoke a week ago, they may make some reasonable assumptions as to why there was a collapse of Portuguese bond yields on the long end of the yield curve; and even displayed negative yields on the short end.
Michael Pento continues @ KingWorldNews.com
The infiltrated US Department of Agriculture may have given AquaBounty Technology’s (ABTX) genetically modified salmon a green light, but the Canadian government has issued a draft statement saying that GE salmon is not safe since it is ‘more prone to disease.’
If AquaBounty had their way – the company’s GE salmon would be the first ever approved GM animal approved for human consumption – but Food & Water Watch, the Center for Food Safety, Friends of the Earth, and Consumers Union (among other groups) are asking the USDA to reconsider in light of the 400-page risk assessment drafted by the Canadian Department of Fisheries and Oceans.
Read More @ NaturalSociety.com
The Money GPS:
Submitted by Tyler Durden on 05/31/2015 - 09:58 Will a robot steal your job? It turns out that the answer depends on the prevailing macroeconomic conditions much more than people think.
As we’ve been discussing of late here at PeakProsperity.com, humans desperately need a new story to live by. The old one is increasingly dysfunctional and rather obviously headed for either a quite dismal or possibly disastrous future. One of the chief impediments to recognizing the dysfunction of the old story and adopting a new one is the most powerful of all human emotional states: Denial.
I used to think that Desire was the most powerful human emotion because people are prone to risking everything in their lives – careers, marriages, relationships with their family and close friends – pursuing lust or accumulating 10,000 times more money and possessions than they need in their desire for “more.”
Read More @ PeakProsperity.com
Antibiotics are one of modern day’s greatest discoveries, but it’s failing us. By our own hand, we have abused this medical achievement by using it as a “fix-all”, and it has caused antibiotic resistance issues that spans across the globe. In fact, antibiotic resistance is one of the biggest health threats of the 21st century. Superbugs, Staphylococcus aureus (MRSA), vancomycin-resistant Enterococcus (VRE), drug resistant Typhoid, and multidrug-resistant Mycobacterium tuberculosis (MDR-TB) are increasing throughout the world and have the capacity to cause worldwide health issues. Moreover, no one wants to even walk into a hospital for fear of carbapenem-resistant Enterobacteriaceae, or CRE, that have been reported at hospitals around the country.
Read More @ ReadyNutrition.com
Conservative politicians and pundits, analysts, and authors have long warned that Barack Obama and his liberal cohorts want to grant amnesty to millions of illegals in order to greatly swell the ranks of loyal Democrat voters. The real purpose behind the plan to grant certain rights of citizenship to non-citizens, it’s argued, has far more to do with expanding and consolidating political power than with showing compassion for hardworking families seeking a better life in America.
Here at Western Journalism, we’ve written often about the “hidden agenda” behind the progressives’ insistent push to let many millions of illegals stay in the United States. In a recent opinion piece, L. Todd Wood observed: “Conservatives have known for a long time that all of this executive action, child immigration, and reduced deportations has served an agenda to increase votes for the Democratic party. If they can’t win in the arena of ideas, then give a bunch of illegal immigrants citizenship — and they will vote Democratic for life.”
Read More @ WesternJournalism.com
Senator Bernie Sanders (I-VT) is off and running after his formal announcement for the presidency this past Tuesday before 5,000 cheering supporters in Burlington, Vermont. He is starting from the region that launched the American Revolution and he is promising to“begin a political revolution to transform our country economically, politically, socially and environmentally,” with “the support of millions of people throughout this country.”
He will take on the corporate plutocracy and its servile political oligarchy with numerous assets. In his long, scandal-free elective career, from Mayor of Burlington to the House of Representatives to the U.S. Senate, Sanders can match his progressive rhetoric with a consistent voting record.
Read More @ TheNewsDoctors.com
The Victory Report: