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Two months ago, when quoting the CEO of cell phone insurer Assurant, who appeared on Bloomberg TV to discuss business trends, one of his quotes caught our attention: “the reality is, half of Americans can’t afford to write a $500 check,” Colberg said. We decided to look into the CEO’s claim about the woeful state of US finances. What we found is that according to a recent Bankrate survey of 1,000 adults, 57% of Americans don’t have enough cash to cover a mere $500 unexpected expense. Turns out the CEO was right. And while that may appear dire, it is a slight improvement from 2016, when 63% of U.S. residents said they wouldn’t be able to handle such an expense.

The Bankrate survey findings echoed research published last year by the Federal Reserve, which found that 46% of respondents said they would be challenged to come up with even less, or $400, to cover an emergency expense, and would likely borrow or sell something to afford it. When the Fed asked what types of emergency expenses Americans had actually faced in the last year, more than one out of five cited a major unexpected medical expense. The average expense: $2,782, or almost seven times higher than the Fed’s hypothetical $400 surprise bill.

How does this stunning statistic compare to some other developed nations?

MORE HERE


| 01 May 2017 | A fire broke out in a mountain forest near the crippled Fukushima No. 1 Nuclear Power Plant on the evening of April 29, consuming an area approximately 20 hectares in size, according to prefectural authorities.

Wildfire rages in highly radioactive Fukushima mountain forest


READER SUBMITTED NEWS


READER SUBMITTED NEWS


‘A Roman Catholic nun from Japan has been arrested and charged on suspicion of helping priests sexually abuse children at a school for youths with hearing disabilities in Argentina.

Kosaka Kumiko, 42, was charged with helping the priests with anal and vaginal rapes, fondling and oral sex, which were allegedly committed in the bathrooms, dormitories, garden and a basement at the school in Lujan de Cuyo, a city about 620 miles northwest of Buenos Aires.

The case against Kumiko began after a former student accused her of making her wear a diaper to cover up a hemorrhage after she was allegedly raped by priest Horacio Corbacho.

‘I am innocent,’ she told judicial officials, who ordered her to be taken into custody at a local women’s prison while detectives investigate the alleged crimes.’

Read more: Angel from hell: Nun is arrested for helping five priests ‘sexually abuse’ dozens of deaf children at Argentinian Catholic school after victim said she made her wear a diaper to cover up horrific injuries 


05/05/2017

Ever since the US government began to sink its claws into the medical industry a good 50 or so years ago, attempts at reducing costs have failed again and again. This is par for the course whenever government invades an industry.

Trying to reform this Frankenstein with either Obamacare, or Trumpcare, will solve nothing.

The problem is structural. Tinkering with this or that will just waste more time.

MORE HERE


The steady rise of online retail sales should have surprised no one. As Visual Capitalist’s Jeff Desjardins notes, back in 2000, less than 1% of retail sales came from e-commerce. However, online sales have climbed each and every year since then, even through the Great Recession. By 2009, e-commerce made up about 4.0% of total retail sales, and today the latest number we have is 8.3%.

Here’s another knowledge bomb: it’s going to keep growing for the foreseeable future. Huge surprise, right?

more here


| 04 May 2017 | U.S. President Donald Trump signed an executive order on Thursday that allows tax-exempt places of worship to participate actively in politics and could free religious organizations to deny their employees insurance coverage for birth-control pills.

Trump signs order letting tax-exempt churches be active in politics


By now, nearly everyone knows multiple government officials in Michigan knowingly poisoned thousands of men, women, and children after the city switched its municipal water source from the Detroit water system to the Flint River. Now, however, as if poisoning residents and their children weren’t enough, the city of Flint is threatening to take people’s homes for refusing to pay for the tainted water.

Although Flint — which blew wide open a year ago — is largely out of the headlines, the crisis is still unfolding. Residents are still unable to drink the water, leaving most families to rely on bottled water for everything from brushing their teeth to cooking and bathing.

In spite of multiple officials facing criminal charges, there hasn’t been a single conviction. The only people to face any consequences thus far over the atrocity in Flint are the citizens who are forced to pay for unusable water.’

Read more: Flint Threatens To Kick 8,000 Families Out Of Their Homes If They Don’t Pay For Poison Water


If you stay inside the United States you will remain free, safe, and prosperous. If you even so much as step foot outside of the United States, you will probably be murdered, if not taken. At least that is what the State Department would have you believe.

Extremists are on the loose in Europe, where they have demonstrated their ability to carry out various attacks using firearms, explosives, vehicles, and blades. Because of this, the United States has issued a travel alert for Europe.

Be afraid. If you are in a tourist location, with a crowd, or on public transport in Europe, you should probably assume everyone is a terrorist. It could happen at any time! Better to be safe and keep your clubbing to Florida.

But don’t worry, here are some steps you can take. Follow our orders, and the government and media will keep you safe.

MORE HERE


As previewed last night, this morning the US Air Force confirmed that another unarmed Minuteman III ICBM missile capable of sending a nuclear bomb across the world was launched early on Wednesday from California’s Vanderberg Air Force base, in what was a second clear signal of nuclear deterrence aimed squarely at North Korea and took place one week after the US test fired another ICBM under identical circumstances.

The unarmed Minuteman 3 intercontinental ballistic missile blasted off from a silo at 12:02 a.m. from Vandenberg Air Force Base and delivered a single re-entry vehicle to a target approximately 4,200 miles away at Kwajalein Atoll in the Pacific Ocean, the Air Force Global Strike Command said. The test, which reprotedly took 10 months to plan, was the latest designed “to check the readiness and accuracy of a weapon system that forms part of the U.S. nuclear force” but in reality was the second strong message sent to Kim Jong-Un in the span of one week.

MORE HERE



Mayday protesters in Philadelphia were caught chanting “Kill Trump, kill Pence.” So much for non-violent protests. Maybe these guys should be investigated?

Video here


| 01 May 2017 | North Korea accused the United States on Tuesday of pushing the Korean peninsula to the brink of nuclear war after a pair of strategic U.S. bombers flew over the area in a training [to start WWIII] drill with the South Korean air force.

North Korea says U.S. bomber flights push peninsula to brink of nuclear war


  • A car crashed into a gas tanker on the I-75 outside Dayton, Ohio yesterday 
  • Police said the driver of the gas tanker managed to escape with minor injuries
  • The driver of the car was going the wrong way at the time of the collision 
  • Police confirmed the scene of the smash will be closed for several days
A mushroom cloud rose into the sky as the fire ignited thousands of gallons of gasoline

A mushroom cloud rose into the sky as the fire ignited thousands of gallons of gasoline

A driver was killed instantly when the truck he was driving crashed  into an oil tanker while heading the wrong way down the interstate.

The 30-year-old victim was engulfed in a fireball after the collision on the I-75 outside Dayton, Ohio which forced the closure of the north and southbound carriageways.

A video showed the moment the two vehicles exploded in a giant orange mushroom cloud.

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