On Average, People Who Obtain Degrees from Quarter of Colleges Never Recover Cost of Education
The New Yorker | “Incredibly, the schools seem to add nothing to the market value of the students.”
Drone operators bristle at feds’ tracking of ‘close calls’ with planes
The Hill | Drone users are bristling at the Federal Aviation Administration’s method for calculating the number of close calls between the devices and commercial airplanes.
Hillary’s Email Crashed_ Agency Didn’t Know The Account Was Hers!
Breitbart | Hillary Clinton’s secret email network crashed in 2010, and the email help-desk at the State Department dismissed the problem as unimportant.
Grocery Stores Throw out 26% of Produce Due to ‘Ugliness’
Christina Sarich | As we waste millions of tonnes of food each year.
Wall Street Is Collapsing, Not China
The extreme stock exchange losses and volatility happening because “some underlying events have occurred” (to quote JPMorgan Chase) originated in the Wall Street-London financial system, which is breaking down — not in China. Reasoned economic experts in the trans-Atlantic countries are admitting and explaining that the crash is trans-Atlantic.
Like the German banking economist who told EIR that the crash driver is the enormous piles of leveraged debt in the U.S. financial system, a noted senior U.S. energy industry analyst wrote “We Could See an Economic Collapse As Defaults Pile Up” in the industry website “OilPrice.” Gail Tverberg writes,
“Both the stock market and oil prices have been plunging. Is this just another cycle, or is it something much worse? I think it is something much worse.”
After recapitulating what she had written a year ago in the same location — that low incomes in the United States and Europe were dragging down oil and other commodity prices — Tverberg points out that commodities collapsed in the Summer before the crash of 2008 — then rose as long as Federal Reserve “QE” lasted. When it ended, “there was a big downdraft in prices.”
But “The big thing that is happening, is that the world financial system is likely to collapse. Back in 2008, the world financial system almost collapsed. This time, our chances of avoiding collapse are very slim.”
Included, is the danger of insolvency to the world’s largest commodity sales corporation, Glencore, which is reporting large and “unexpected” half-year losses and trying to restructure its $31 billion in debts.
The London Guardian headlines its “Business Leader” editorial statement Monday, “Central Banks Can’t Save the Markets from a Crash.”
And Counterpunch published Monday “The $2 Trillion Buyback Binge,” describing the 98% of all earnings and borrowings of major U.S. corporations going into stock market purchases, as crushing capital investment and driving economic collapse. The measure of leveraged debt to GDP in the U.S. economy, 4.0%, is higher even than the record peak levels it reached in 1999, and again in late-2007. That debt is what collapses to trigger a crash.
Stock markets in Europe and the United States resumed their fall this week.
Fireside Chat with Lyndon LaRouche, September 3, 2015
Video of VSbqY5Vk3hU
Tune in every Thursday evening at 9 PM eastern for a live Q&A session with American Statesman Lyndon LaRouche. Ask a question to Mr. LaRouche by submitting them to the comments section of the YouTube event or calling in ahead of time to our national center, 800-929-7566.
Thank goodness for the nanny state
Otherwise we would be helpless to resit phony mayonnaise and stop our children from drinking to much soda.
The ever vigilant folks at the Food and Drug Administration (FDA) has discovered a new threat they must protect us from: organic […]
To Solve Refugee Crisis in Europe, Mediterranean and Middle East, NATO States Must Swear off Military Invasions, Bombing and Color Revolutions, While Agreeing to Work with All Legally Constituted Governments Including Assad of Syria; Repatriate All Illegal Foreign Fighters and Seal the Syrian-Turkish Border; Need Marshall Plan for Region Based on Great Projects of Tri-Continental Infrastructure; Drop All Sanctions and Blockades on Civilian Goods; $10 Trillion in Funding Provided by Federal Reserve and European Central Bank to Finance Projects on 50-50 Basis; These Orders Will Move US and EU Towards Economic Recovery; To Prevent War, #FireAllen4ISIS !
United Front Against Austerity | Tax Wall Street Party Morning Briefing | Tuesday, September 1, 2015
The Greater Middle East and North Africa
The tragic situation of refugees fleeing from the conflict zones of the Middle East and North Africa has been challenging world public opinion for many weeks. The seemingly endless list […]
Sheriff Clarke: Black Lives Matter Is A “Vulgar, Vile, Vicious, Slimy Movement”
‘You would have to stick your head in the sand to think this wasn’t fueled by BLM’.
Sheriff Clarke: Black Lives Matter Is A “Vulgar, Vile, Vicious, Slimy Movement”
Steve Watson | ‘You would have to stick your head in the sand to think this wasn’t fueled by BLM’.
Gold Up 3.5% In August, Stocks Fall 6% to 12%
DAILY PRICES Today’s Gold Prices: USD 1141.90, EUR 1012.23 and GBP 744.10 per ounce. Yesterday’s Gold Prices: Bank Holiday in UK Friday’s Gold Prices: USD 1,125.50, EUR 998.23 and GBP 730.99 per ounce. (LBMA AM) Gold was marginally higher yesterday…
Should Libertarians Vote Republican?
Lew Rockwell Blog | There are two things that these libertarian-leaning Republicans can’t stand. The first is not voting and the second is voting for a third party.
Why America Should Be On High Alert For A Major Earthquake Along The New Madrid Fault
Michael Snyder | Did you know that a magnitude 3.5 earthquake hit the New Madrid fault about a week ago?
What about Bernie Sanders and Rand Paul?
Jon Rappoport | “Let’s have our robots talk to the robot candidates.”