Archive for the 'Economy' Category
Saudis Race to Restore Oil Output After Aramco Attacks
September 15th, 2019Flashback: Trump and Saudi Arabia Both Want Higher Oil Prices Mission accomplished. Via: Bloomberg: Saudi Arabia is racing to restore oil production after a brazen drone strike on a key Aramco facility slashed its output by half, or about 5% of world supply, an assault that the U.S. has blamed on Iran. State energy producer […]
South Africa’s Xenophobic Crisis
September 15th, 2019Via: serpentza:
Mark LaGanga’s WTC 9/11 Video
September 13th, 2019Via: YouTube:
U.S. Beats Saudi Arabia to Become Top Oil Exporter on Shale Boom
September 12th, 2019Via: Bloomberg: The U.S. briefly became the world’s No. 1 oil exporter as record shale production found its way to global customers, and there are prospects for more. Surging output from shale helped America ship almost nine million barrels a day of crude and oil products in June, surpassing Saudi Arabia, the International Energy Agency […]
California Approves Statewide Rent Control
September 11th, 2019Via: Reuters: California lawmakers on Wednesday passed a statewide cap on annual rent increases for most tenants, the boldest step yet to address an affordable housing crunch that has helped push people into the streets. The bill limits annual rent increases to 5% after inflation and takes effect from March of this year. It also […]
America’s “Deep State”: From the JFK Assassination to 9/11, Interview with Prof. Peter Dale Scott
September 11th, 2019This is from 2014. Via: Global Research: 9/11 was the occasion for major changes both in American foreign and domestic policy, it is the reason we went almost immediately into Afghanistan and it is also why we began planning almost immediately to invade Iraq, which was based on the false assumption that Saddam Hussein had […]
The Trillion-Dollar Military Still Isn’t Enough for the War Party
September 11th, 2019Via: Mises Institute: Since the end of the Cold War in 1990, US defense spending has increased 182 percent in nominal terms, and 44 percent in inflation-adjusted terms. In inflation-adjusted terms, defense spending is now about equal with the all-time peak reached in 2011, and the White House’s Office of Management and Budget estimates that […]
Trump Says Fed ‘Boneheads’ Should Cut Interest Rates to Zero ‘Or Less,’ U.S. Should Refinance Debt
September 11th, 2019As I was driving through town yesterday afternoon, I saw a bug eyed crazy dude on the side of the road. He was wearing a blanket and frantically babbling to the sky. That’s about the level we’re at with the suggestion that the U.S. national debt could be refinanced. Although… I remember a conversation with […]
McDonald’s Acquires AI Company to Help Automate the Drive-Thru
September 10th, 2019In other AI news, 120 Million Workers May Need to be Reskilled or Retrained in the Next Three Years. Via: CNBC: McDonald’s said Tuesday it has agreed to acquire a company that is trying to automate the drive-thru. It’s the fast-food giant’s third tech-focused deal this year. Apprente, a Silicon Valley company founded in 2017, […]
IBM: 120 Million Workers May Need to be Reskilled or Retrained in the Next Three Years
September 9th, 2019Via: IBM: In the next three years, as many as 120 million workers in the world’s 12 largest economies may need to be retrained or reskilled as a result of AI and intelligent automation, according to a new IBM (NYSE: IBM) Institute for Business Value (IBV) study. In addition, only 41 percent of CEOs surveyed […]
