Monday, March 27, 2017

Court Finds Japanese Government Guilty – Fukushima ‘Could Kill Millions’...

by Baxter Dmitry, Your News Wire:
A Japanese court has found the government guilty of negligence causing the Fukushima nuclear disaster and ordered them to pay tens of millions of dollars in compensation to victims, according to reports from Japan.
The shock ruling opens up the prospect of citizens of Pacific nations including the United States of America receiving compensation from the Japanese government for the disaster which contaminated the entire Pacific Ocean and irreperably poisoned the world’s food chain.
The nuclear plant operator, Tokyo Electric Power Co. Holdings, was also found guilty of negligence that led to the disaster that nuclear experts say will likely continue affecting wildlife and humans for the next 250,000 years.
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AG Sessions Makes Surprise Sanctuary City Announcement; Vows To Withhold Funding

"Countless Americans would be alive today... if these policies of sanctuary cities were ended."

NY Fed: "Oil Prices Fell Due To Weakening Demand"

"A decline in demand expectations together with a decreasing residual drove oil prices down over the past week." - NY Fed

Schiff Calls On House Intel Chair To Recuse Himself From Russia Probe; Nunes Refuses

Following similar calls by his ideological peers, the top Democrat on the House Intelligence Committee demanded on Monday evening that Committee Chair, Devin Nunes, should recuse himself from "any further involvement" into President Trump’s campaign ties with Russia.

Jim Willie Issues US Dollar Collapse Warning: “The USDollar Has NEVER Been In Greater Danger!”

by Jim Willie, via Silver Doctors:
The USDollar has never been in greater danger for losing its dominant position as global reserve currency and payment standard. Challenges to its supremacy are many and with each passing month, more threats are put in place. While the volumes of trade payment in Chinese RMB grow slowly, and the banking reserves in non-USD bonds grow slowly, the risk for the USDollar to be marginalized has increased significantly in the last two to three years.
Basically speaking, a fiat currency run by a corrupt, thieving, and dishonorable hegemonic regime for the sole purpose of exploiting the rest of the world cannot stand the test of time, and will be dismantled.
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Thousands Of Americans Are Fleeing The Big Cities In Preparation For The Coming American Apocalypse

Why are so many people suddenly moving away from major U.S. cities?

Six Graphs That Reveal Big Problems For Student And Auto Loans

A trillion dollars of housing debt has been replaced by a trillion dollars (or more) of student and auto loan debt. Delinquency rates are increasing for student and auto loans, while other loan types have seen a decrease in delinquency. Finally, the value of both the university education and the automobiles people are buying don’t seem to justify the amount being borrowed and spent.

This Is What Trump's Revised Agenda Timeline Looks Like, In One Chart

"Trump’s short-term agenda (reforms of healthcare, taxes, and trade policy) seems overly optimistic and has met resistance; healthcare’s lack of progress begs the question – is this GOP Congress an opposition party or a governing party?"

60 Minutes Preview, Mike Cernovich Calls Out Scott Pelley During Heated Interview

by Mike Cernovich, Danger and Play:
During a contentious debate on the nature of truth and what is “fake news,” Mike Cernovich told Scott Pelley what story 60 Minutes would publish before the episode had aired. Find an excerpt of this interview below:
Scott Pelley: Who’s gunning for you?
Mike Cernovich: You are. I’m on 60 Minutes. Right?
Scott Pelley: What do you mean, we’re gunning for you?
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Has Elon Musk Setup Tesla For An 'Epic Fail' With His Model 3 Production Guidance (Hint: Yes)

"[To sell that many luxury sedans] would be absolutely unprecedented based on what we know about car markets today and how people spend their dollars.  It could happen. I’m pretty sure it won’t."

"Couldn't Hit An Elephant" - Over-Confident NATO Generals & Russian Retaliation

Recently, US Lieutenant General Ben Hodges ordered over 60 US tanks to fire their guns in Poland. The general has reason to be confident. It can be said with relative certainty that, if the US sends scores of tanks halfway around the world to a country that borders Russia, then begins firing the guns, the Russians will indeed interpret that as a warning that their sovereignty is no longer respected by the US.

Iron Ore Tumbles As China Steel-Producing Hub Found Lying About Production Cuts

China's top steel producing province Hebei was ordered by China's central government to investigate firms in Tangshan that have "restricted but not cut production, restricted production but not actually cut emissions, and cut capacity but actually increased output," according to a provincial notice dated March 25.

Why Foreign Robots Are The Real U.S. Job Killer

"We were not aware of any American-made option..."

Questions Grow Over Nunes' Mystery White House "Source" Visit

The mystery surrounding President Trump's claim that he was wiretapped by Barack Obama during the 2016 election campaign deepened on Monday with the disclosure that the controversial House Intel Chair, Devin Nunes, reviewed classified information about the charge while on White House grounds.

Shell's New Permian Play Profitable At $20 A Barrel

OPEC is rapidly running out of options...

Sanctioned Russian Bank Confirms It Met With Trump's Son-In-Law

A state-run Russian bank which has been under U.S. economic sanctions since 2014 disclosed on Monday that its executives had met Jared Kushner, Trump's son-in-law and key policy adviser, during the 2016 election campaign.

Modern Day Snake Oil - Is 2% Growth As Good As It Gets?

“The growth seen during the recovery might, for a while, be as good as it gets...”

Coming To An Inner-City Uprising Near You: The "Ultimate Riot Control Truck" Of The Future

One upon a time, the benevolent future was supposed to bemuse with hoverboards, flying cars and interplantary travel. Instead, according to the folks at Slovakia's Bozena Riot Security Systems, the dystopian future has arrived, and it is made of armored plates and riot gear.

Elon Musk Launches Company To Hook Up People To Computers

In case revolutionizing the transportation and energy industries while colonizing Mars wasn't enough of a challenge for Elon Musk, in his latest venture the billionaire entrepreneur now "wants to merge computers with human brains to help people keep up with machines."

Global Warming Is Real Say the Academies of Sciences of All of the Major Countries, But a Handful of my Readers Know Better

by Paul Craig Roberts, Paul Craig Roberts:
I am fortunate in having readers who look after me. Some have offered me refuge in their countries and their homes from what they expect otherwise will inevitably be the midnight knock on my door. Others correct my mistakes from typos to content. As I have never considered myself infallible, I carefully read what they have to say.
Usually those who want to straighten me out on a subject are polite and respectful. However, among those corrections brought in by my reporting on the dangers implied by the warming of the poles and melting of the ice were a few not merely ignorant and uninformed, but also condescending and rude. One even accused me of selling out to the climate change hoax in order to buy my way off the lists of Russian agents and fake news purveyors.
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Pension Problem Too Big To Ignore?

by Mish Shedlock, Mish Talk:
Bloomberg writer Danielle DiMartino Booth says the Pension Crisis Too Big for Markets to Ignore.
But I have a question: If the problem is too big to be ignored, why is nearly everyone complacent?
Only a handful of sites including MishTalk, ZeroHedge, and Jack Dean at Pension Tsunami discuss the problem with any frequency.
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The West’s Next Target for Regime Change – Belarus

by Adam Garrie, The Duran:
They have wanted to destroy Belarus for years. Will President Lukashenko’s ego give them their chance?
Every few years Belorussian President Alexander Lukashenko has what seems to be an obligatory dispute with Russia, generally over energy prices. In both the 2004 and 2007 spats, the crisis was amicably solved in short order.
But during each disagreement, Lukashenko tended to purposely exaggerate the nature of the dispute in order to enhance his own personal prestige. It’s all a bit childish, as Russia and Belarus form a Union-State, making Russia and Belarus the two closest fraternal states of both the Commonwealth of Independent States and Eurasian Union.
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Gold and Silver Climb on Sunday Open as Dollar Within 70 bps of Critical 200 day Moving Average

by Kenneth Schortgen, The Daily Economist:
As markets opened for Asian trading on Sunday evening in the Western time zones, the dollar continued its slide downward following the House’s failure to bring about a healthcare vote to the floor. And with gold moving up nearly $10 in the first couple hours of global trading, it may only be a matter of days or even hours before the dollar falls below, and gold crosses above, their 200 day moving averages.
On Friday the dollar index showed a close for the USD of 99.77, and had already dropped below its 50 and 100 day moving averages earlier in the week. And with Congress appearing to be in a stalemate following the healthcare vote debacle, the markets are not trusting in the legislature to be able to deal with upcoming debt ceiling discussion that is currently ticking down for the government.
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