While the Case-Shiller index reported earlier was weaker than had been expected, and the 20 City composite index posted its third monthly decline in a row, the headline hid a wide dispersion of home prices beneath the surface.
Perhaps just to underscore this point, Case-Shiller also provided a handy chart showing the best and worst cities for home prices in the US.
It will come as no surprise that the west, with San Diego, is where the gains are still frothiest: after all the Chinese “hot money” exporters are rushing to park their funds before the exit door slams shut, and are doing so as close to home as possible.
What was surprising is the other end of the spectrum, because as Case-Shiller clearly shows, Detroit – after staging a brief dead cat bounce in the aftermath of its bankruptcy and since sliding once again – may no longer be the worst city for home prices in the US. It has now been displaced by a city which many speculate will be nothing short of the “next Detroit.”
The silver lining: while Chicago home prices have been sliding for the past 4 months, they are still up compared to last year… if only for the time being.
Posted in economics | Tagged Chicago | Leave a Comment »
Amazon‘s Jeff Bezos has just made $16 billion in a single year.
Amazon workers are treated like dirt.
“Working four days in a row without sleep; a woman with breast cancer being put on ‘performance-improvement plans’ together with another who had just had a stillborn child; staff routinely bursting into tears; continual monitoring; workers encouraged to turn on each other to keep their jobs.”
Amazon: Devastating expose
Bill Gates, technology advisor at Microsoft, is now worth $76billion.
Posted in economics, law | Tagged Amazon, Breast cancer, capitalism, Jeff Bezos, Microsoft | 1 Comment »
‘Believe it or not, American soldiers fighting against ISIS in Syria and Iraq will actually be wearing the emblem of ISIS – the infamous crossed-swords logo. Well, almost.
Controversy has stirred because many think the patch looks too much like our boys are fighting for the enemy… just another sign of confusion about the counterproductive Obama-led war against the notorious and shamefully exploitative jihadist army.
The Military Times noted that:
“A combat patch worn by U.S. soldiers who served in Iraq on the mission against Islamic State is drawing flak from service members and veterans who say the patch — with its palm wreath, stars and crossed scimitars — looks like something the enemy would wear.”’
Read more: New Patch for U.S. Troops Fighting ISIS … Looks Like ISIS Logo
Posted in foreign policy, government, military | Tagged Isis | Leave a Comment »
‘Four out of five Supreme Court justices in the State of Maine think that parental rights concerning vaccination are moot in the event that the State takes custody of a child. In a landmark ruling that sets a dire precedent for health freedom, the Court decided in a recent case that a mother whose child was taken into custody by the State of Maine no longer has authority to opt out of vaccinations for her own child.
Reiterating why we need a constitutional amendment that clearly delineates the fundamental right of parents to make health decisions for their own children, the Court declared that the statutory rights of parents are terminable at will, even when there’s no “clear and convincing evidence” that such rights need to be revoked for a child’s safety.’
Read more: Maine Supreme Court rules that State can vaccinate children against will of parents
Posted in government, health, law | Tagged custody of a child, Maine Supreme Court, parental rights, State of Maine, Supreme court, the Court, vaccines | Leave a Comment »
‘Are we about to witness the most important global financial event since the collapse of Lehman Brothers in 2008? Glencore has been known as the largest commodities trading company on the entire planet, and at one time it was ranked as the 10th biggest company in the world. It is linked to trillions of dollars of derivatives trades globally, and if the firm were to implode it would be a financial disaster unlike anything that we have seen in Europe since the end of World War II.
Unfortunately, all signs are pointing to an inescapable death spiral for Glencore at this point. The stock price was down nearly 30 percent on Monday, and overall Glencore stock has plunged nearly 80 percent since May. There are certainly other candidates for “the next Lehman” (Petrobras and Deutsche Bank being two perfect examples), but Glencore has definitely surged to the front of the pack. Right now many analysts are openly wondering if the firm will even be able to survive to the end of next month.’
Read more: Is Glencore The Next Lehman? The World’s Largest Commodities Trading Company Is Toast
Posted in economics, law | Tagged Glencore | Leave a Comment »
‘The US Defense Advanced Research Projects Agency (DARPA) is running a program that involves implanting chips in American forces’ brains in order to create super soldiers, says a newly-published book by a well-known author.
According to “The Pentagon’s Brain” by Annie Jacobsen, the secretive research arm of the US Department of Defense is dreaming of creating military cyborgs, Fusion reported Sunday.
“Neuroprosthetics” brain implants are already being tested, according to the book about the history of DARPA, published by Little, Brown and Company.’
Read more: DARPA dreaming of creating cyborgs for US military, new book reveals
Posted in government, military | Tagged DARPA | 2 Comments »
‘Just when you thought the world of vaccine-pushing folks couldn’t get any more bizarre, the face of a new pro-vaxxer has recently emerged, and it’s in the form of a fuzzy, giggling red puppet.
Cutting to the chase, Elmo — that’s right, the cute-sounding, inquisitive Sesame Street character that millions of children love — is the latest vaccine-pusher. If you think you can handle it, check out this propaganda video (below) where he appears with the United States Surgeon General Vivek Murthy.’
Read more: Elmo is a corporate whore pushing vaccines for Bill Gates and Big Pharma’s Merck
Posted in health, media | Tagged vaccines, Bill Gates, Elmo | 1 Comment »
‘The whole system is built on fraud, it is threatening to topple at any moment, and there is no telling exactly when that moment will be. All the king’s horses and all the king’s men could continue to prop it up for years, but sooner or later, it will crumble, then collapse, and take down nearly everyone with it.
The time was yesterday for preparing for the worst, according to your own needs and budget. The best idea is to steadily and gradually built that resilience up with supplies, skills and a network of a handful of trusted associates. Take heeds, the warnings are coming rapidly now.’
Read more: Bankers Preparing for Final Phase of Looting: ‘You Will Soon Lose Everything You Own’
Posted in economics | Tagged All the king’s horses and all the king’s men, banks | 2 Comments »
Harris&Ewing The Capitol in the snow 1917
Societies in decline have no use for visionaries
– Anaïs Nin
The moment we heard that John Boehner would resign, the first thing that came to mind was: the next one will be a Greater Fool and a Bigger Liar. For all of his obvious faultlines, Boehner is human. As was evident for all to see Thursday when the Pope -Boehner’s as Catholic as JFK and Jesus Christ- came to see ‘him’ in ‘his’ Senate. Even smiled reading that the Pope had asked Boehner to pray for him.
But Boehner was really of course just a man who through time increasingly became a kind of barrier between a president and his party on the one hand, and Boehner’s own, increasingly ‘out there’, party on the other. He moved from far right to the right middle just to keep the country going. In essence, that’s little more than his job, but just doing your job can get you some nasty treatment these days in the land of the free.
So now we’ll get a refresher course in government shutdown, though there’s no guarantee that Boehner’s successor will be enough of a greater fool to cut his/her (make that his) new-found career short by actually letting it happen. At least not before December.
More Here: http://www.theautomaticearth.com/2015/09/greater-fools-and-bigger-liars/
Posted in economics, government, media, politics | Tagged House John Boehner | Leave a Comment »
© Liberty Blitzkrieg
Earlier this year, I highlighted how the UK government was cheerfully stretching the boundary of terrorist fear-mongering when it made it policy for registered childminders to “report toddlers at risk of becoming terrorists.”
No, that’s not a joke. Here’s an excerpt from the post, The War on Toddler Terrorists – Britain Wants to Force Nursery School Teachers to Identify “Extremist” Children:
Nursery school staff and registered childminders must report toddlers at risk of becoming terrorists, under counter-terrorism measures proposed by the Government.
The directive is contained in a 39-page consultation document issued by the Home Office in a bid to bolster its Prevent anti-terrorism plan.
But concern was raised over the practicalities of making it a legal requirement for staff to inform on toddlers.
Clearly not wanting to be outdone when it comes to bureaucratic buffoonery, the Commonwealth of Australia is fighting back.
We learn from ABC Online:
Environmentalists and teachers are up in arms over a new Federal Government anti-radicalisation kit that links green activism and “alternative music” to terrorism.
The Minister Assisting the Prime Minister on Terrorism Michael Keenan launched the Radicalisation Awareness Kit in the form of a 32-page booklet on Monday.
Australia has a Prime Minister on Terrorism? Are you kidding me. You’re more likely to get scratched to death by a koala than die in a terrorist attack.
Through a series of examples and fictitious case studies, the booklet aims to illustrate the circumstances which can lead young people to become radicalised.
But one surprising example cites the power of the alternative music scene and environmental activism in the radicalisation process.
He said the kit was designed to help teachers understand how the radicalisation process worked, and how to respond if they felt there was somebody in their community who is susceptible to it.
“We wanted to explain to teachers who are really on the frontline of this – because we know that school children are being radicalised – to look out for certain signs that would lead them to be concerned about somebody, and if they are concerned about somebody moving down the dark path of radicalisation, moving down the path of violence, then they’ll know what they can do about it,” Mr Keenan said.
Should we really be surprised? After all, here are a few headlines from Australia over the last couple of years…
October 13, 2015 – The Day Digital Privacy Officially Dies in Australia
Australian Senate Kills Civil Liberties with Draconian New Anti-Terror Law in Orwellian Orgy of Baseless Fear-Mongering
Australia’s Prime Minster Admits Metadata Collection is for “General Crime” Not Terrorism
Video of the Day – Meet Australia’s Creepy Prime Minister, Tony Abbott
Anti-Protest Law Passes in Australia – Punishment Includes Fines and Imprisonment
Australian Government to Seize Cash from Inactive Bank Accounts
Australia’s New Law Destroys Internet Freedom
Posted in Entertainment, enviroment, government, law | Tagged alternative music, Australia, Australian Government, Commonwealth of Australia, Force Nursery School Teachers, registered childminders, UK Government | Leave a Comment »
‘A 2013 bombshell book claims that during the Korean War, the United States employed germ warfare against North Korea and communist Chinese forces, claims that the government has denied for decades.
The book, This Must Be the Place: How the U.S. Waged Germ Warfare in the Korean War and Denied It Ever Since by Dave Chaddock, claims that U.S. forces air-dropped insects and bird feathers containing anthrax, cholera, encephalitis and bubonic plague.
“This was supposed to be a secret at the time, and the Chinese response of mass vaccinations and insect eradication probably contributed to the project’s general failure (hundreds were killed, but not millions),” writes David Swanson in an Amazon.com review of the book. “But members of the U.S. military taken prisoner by the Chinese confessed to what they had been a part of, and confessed publicly when they got back to the United States.”‘
Read more: True history: U.S. dropped bubonic plague on North Korea as a weapon of mass destruction
Posted in foreign policy, government, health, military | Tagged bombshell book claims, Bubonic plague, communist Chinese forces, Dave Chaddock, North Korea, the Korean War, United States | Leave a Comment »
‘On Tuesday, after acknowledging their failure in stemming the surge of homelessness in the city, municipal officials in Los Angeles, California took the drastic step of announcing they were declaring a “state of emergency.”
In Los Angeles, the homeless are everywhere.
From encampments in freeway underpasses, to the high-value streets of Venice, they live in clusters of tents, or under tarpaulins spread over shopping carts, in parking lots and neighborhoods from downtown’s skid row to Studio City and beyond, this is where the homeless live.
The announcement from Mayor Eric Garcetti and seven members of the City Council was powerful in that it resonated loudly in a city that has seen an 85 percent increase in the homeless in just two years.’
Read more: The third world side of the American dream: In Los Angeles, the 60,000 homeless are everywhere as municipal officials declare a ‘state of emergency’
Posted in economics, media | Tagged homeless, LA | Leave a Comment »
‘When Republican presidential candidate Carly Fiorina was at the helm of Hewlett-Packard, she oversaw HP’s lobbying of the U.S. government for a temporary tax holiday on corporate profits so it could use the money to create new jobs. Much of that money, however, was used to buy back HP stock while then-CEO Fiorina fired 14,500 employees, according to a new report from The Daily Beast.’
Read more: Carly Fiorina and Hewlett-Packard ‘Scammed’ U.S. Government Out Of $4 Billion, Says Report
Posted in economics, government, law, politics | Tagged Carly Fiorina | 1 Comment »