On the pleasant summer evening of July 17, 1996, TWA Flight 800 left JFK Airport in New York bound for Paris. Twelve minutes after takeoff, about ten miles south of the popular south shore of Long Island, at least two surface-to-air missiles blew the 747 out of the sky, killing all 230 people on board. I write the above with 100 percent confidence. I owe that confidence to the efforts of a small corps of committed individuals — eyewitnesses, independent researchers, whistleblowers from within the investigation, and family members who have turned their grief into action. In attempting to get … Continue reading →

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Brazil prosecutor urges arrest of ruling party members: Reports

Here is a headline: This AI expert says that a robot economy will force us to give people unconditional free money. The article is in Business Insider. In the future, giving people unconditional free money might be the fairest way to deal with a robot-powered economy.At least, that’s what data scientist and artificial intelligence expert Jeremy Howard believes. According to Howard, the pool of displaced workers will just keep growing exponentially, and the solution is to level the playing field. There are lots of articles like this one these days. (Are they being written by commie algorithms?) I ask these … Continue reading →

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2016 BILDERBERG MEETING Dresden, Germany 9-12 June Final list of Participants CHAIRMAN: Castries, Henri de (FRA), Chairman and CEO, AXA Group Aboutaleb, Ahmed (NLD), Mayor, City of Rotterdam Achleitner, Paul M. (DEU), Chairman of the Supervisory Board, Deutsche Bank AG Agius, Marcus (GBR), Chairman, PA Consulting Group Ahrenkiel, Thomas (DNK), Permanent Secretary, Ministry of Defence Albuquerque, Maria Luís (PRT), Former Minister of Finance; MP, Social Democratic Party Alierta, César (ESP), Executive Chairman and CEO, Telefónica Altman, Roger C. (USA), Executive Chairman, Evercore Altman, Sam (USA), President, Y CombinatorAndersson, Magdalena (SWE), Minister of Finance Applebaum, Anne (USA), Columnist Washington Post; Director of the … Continue reading →

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A basic economic premise holds that when the price of something rises, people seek to economize on its use. They seek substitutes for that which has risen in price. Recent years have seen proposals for an increase in the federal minimum wage to $15 an hour. Some states and localities, such as Seattle, have already legislated a minimum wage of $15 an hour. Nobody should be surprised that fast-food companies such as Wendy’s, Panera Bread, McDonald’s and others are seeking substitutes for employees who are becoming costlier. One substitute that has emerged for cashiers is automated kiosks where, instead of … Continue reading →

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Shortly before dawn on April 30, Steve Nelson was robbed and fatally beaten by three assailants at near Lake Lowell in Canyon County, Idaho. Nelson had contacted Kelly Bryan Schnieder, who has admitted his role in the attack, through the “male escort” section of the “Backpage” social media site. After they met at Gotts Point trailhead, Nelson offered to pay Schneider for sex – not knowing that he was about to fall prey to a “trick-rolling” gang led by a charming specimen named Jayson Woods.  An equal opportunity predator, Woods later admitted to police that “he sets people up for … Continue reading →

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You may already know your favorite moments from Caddyshack, which turns 35 years old today, by heart. But after reading this list, you’ll be a lock for membership at Bushwood Country Club. 1. CADDYSHACK GOT MADE BECAUSE OF ANIMAL HOUSE. Caddyshack director and co-writer Harold Ramis were also a co-writer of the 1978 National Lampoon comedy classic Animal House, along with eventual Caddyshack co-writer and producer Douglas Kenney. Held to only a $3 million budget, their film of frat-house shenanigans went on to gross $141 million at the box office. You would think that box office success would afford the filmmakers … Continue reading →

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A Secret Service agent who protected Hillary Clinton is set to publish a tell-all book. Gary Byrne says he was posted outside Bill Clinton’s Oval Office in the 1990s and that what he saw ‘sickened him’. His expose is causing deep concern in the White House, according to Drudge Report, and its release comes as Hillary comes within touching distance of securing the Democratic nomination. The book titled Crisis of Character: A White House Secret Service Officer Discloses His Firsthand Experience with Hillary, Bill, and How They Operate is set to hit shelves on June 28. The Democratic convention, where … Continue reading →

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Stop me if you’ve heard this one before: A Fed official walks into a bar and says the economy is improving and rate hikes are appropriate. The patrons order another round to celebrate. Then disappointing data comes out, the high fives stop, and the Fed official ducks out the back…only to come back the next day saying the same thing. Anyone who pays even the smallest attention to the financial media has experienced versions of this joke dozens of times. Yet every time the gag gets underway, we raise our glasses and expect the punch line to be different. But it … Continue reading →

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Whatever is going on in the daily stock market, you can’t call it “price discovery” or even remotely rational. In fact, it amounts to grinding in harms’ way and measures the degree to which the Fed and other central banks have turned the Wall Street casino into a giant litter of sick puppies who are bent on rolling the dice until they self-destruct. Even MarketWatch has noted that the S&P 500 has climbed above 2100 on more than 30 occasions during the last 18 months, but has retreated each and every time. So buying the dips in that context is based on eyes wide shut speculation; it … Continue reading →

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Fuel up budget? Clash in US Senate as Pentagon defends use of Russian-made rocket engines

Four dead and several injured as police open fire on protesting students in Papua New Guinea – reports

Boko Haram attack forces 50,000 to flee Niger town

Russia’s NATO envoy says plans to attack Poland are absurd

Four suspects detained for deadly Istanbul blast