body~politic

~~~~~~~~~> Does DEBT  become SERFDOM ?

Tweet me @ColonialSerf, and let me know, and I'll share the answers HERE!!!

Saturday, May 14, 2016

Buddhist monk hacked to death in Bangladesh

Buddhist monk hacked to death in BangladeshThe Muslim-majority nation of 160 million people has seen a surge in violent attacks over the past few months in which liberal activists, members of minority Muslim sects and other religious groups have been targeted by Islamist extremists.

Islamic State has claimed responsibility for some of the killings although the government denies the Sunni militant group has a presence in the country, saying homegrown extremists are behind the attacks.

Cuban refugees arriving in El Paso getting lost | KFOX

Cuban refugees arriving in El Paso getting lost | KFOXIt's been a long and difficult journey to reach the United States.

"To get here has been very hard. We've traveled through the jungle, and they've robbed many of us. Some women have been raped. They've treated us bad and have taken things from us, all so that we can fulfill our American dream," said Rosales.
Friday night, he waited at the bridge for his friends to join him.
"It's every Cuban's American dream. For the opportunities that are available for Cubans and everyone else who wants to come to this country. To make our dreams come true," said Rosales.

Scenes From The Venezuela Apocalypse: “Countless Wounded” After 5,000 Loot Supermarket Looking For Food » Alex Jones' Infowars: There's a war on for your mind!

Scenes From The Venezuela Apocalypse: “Countless Wounded” After 5,000 Loot Supermarket Looking For Food » Alex Jones' Infowars: There's a war on for your mind!Over the last several years we have documented with clockwork regularity Venezuela’s collapse into failed state status, which was cemented several weeks ago when news hit that “Venezuela had officially run out of money to print new money.”  At that point the best one could do was merely to step back and watch as local society and civilization turned on itself, unleashing what would ultimately turn into Venezuela’s own, sad apocalypse.

U.S. concern grows over possible Venezuela meltdown: officials | Reuters

U.S. concern grows over possible Venezuela meltdown: officials | Reuterstwo officials, briefing a small group of reporters in Washington, predicted that Maduro, who heads Latin America’s most ardently anti-U.S. government and a major U.S. oil supplier, was not likely to be able to complete his term, which is due to end after elections in late 2018.

Exorcism calls on the rise in Idaho - Story

Exorcism calls on the rise in Idaho - StoryBOISE, Idaho - As Idaho’s population grows, there has been an influx of new construction, new restaurants, and oddly enough, and increased amount calls for exorcisms.

Pro-Palestinians Muslims in Britain attack people for drinking beer whil...

Friday, May 13, 2016

A ‘Silent Hill’ Fan Recreated The Horror Classic With Unreal 4 Engine, And The Results Are Phenomenal

A ‘Silent Hill’ Fan Recreated The Horror Classic With Unreal 4 Engine, And The Results Are Phenomenal

The Destabilizing Consequences of Globalization | Max Keiser

The Destabilizing Consequences of Globalization | Max KeiserIt is not possible to coherently discuss the “New Normal” economy without discussing financialization–the substitution of credit expansion and speculation for productive investments in the real economy–and its sibling: globalization.

Globalization is the result of the neoliberal push to lower regulatory barriers to trade and credit in overseas markets. The basic idea is that global trade lowers costs and offers more opportunities for capital to earn profits. This expansion of credit in developing markets creates more employment opportunities for people previously bypassed by the global economy.
Though free trade is often touted as intrinsically positive for both buyers and sellers,in reality trade is rarely free, in the sense of equally powerful participants choosing to trade for mutual benefit. Rather, “free trade” is the public relations banner for the globalization of credit and markets that benefit the powerful and wealthy, not the impoverished.
Financialization and mobile capital exacerbate global imbalances of power and wealth.
Trade is generally thought of as goods being shipped from one nation to another to take advantage of what 18th century economist David Ricardo termed comparative advantage: nations would benefit by exporting whatever they produced efficiently and importing what they did not produce efficiently.
While Ricardo’s concept of free trade is intuitively appealing because it is win-win for importer and exporter, it doesn’t describe the consequences of financialization and the mobility of capital. In a world dominated by mobile capital, mobile capital is the comparative advantage.
The mobility of capital radically alters the simplistic 18th century view of free trade.
What do we mean by mobile capital? Capital–cash, credit and the intangible capital of expertise–moves freely around the globe seeking the highest possible return. Globalization is the ultimate expression of capital’s prime directive: expand profits by seeking the highest available return on capital invested anywhere on the planet.
In today’s world, trade cannot be coherently measured as goods moving between nations, as capital from the importing nation often owns the productive assets in the exporting nation. If Apple owns a factory (or joint venture) in China and collects virtually all the profits from the iGadgets produced there, this reality cannot be captured by the simple trade model described by Ricardo.
Trying to account for trade in the 18th century manner of goods shipped between nations is nonsensical when components come from a number of nations and profits flow not to the nation of origin but to the owners of capital.
Based on the antiquated model of trade between nations, the Apple iGadget creates a $200 trade deficit between the U.S. and China when it lands on an American dock. But this doesn’t account for the fact that components for the device were manufactured in five different nations, or that the majority of the value of the device is in the intellectual capital: the software, the interface and the design.
Once these factors are considered, it’s been calculated that as little as $10 of the value of every Apple product actually ends up in the Chinese economy. Virtually all the profit flows to Apple in Cupertino, California, not to joint venture partners in China or the workers who assembled the components in China.
Expanding profits by moving production to locales with lower labor costs is known as labor arbitrage. Arbitrage is the process of exploiting the difference in prices of labor, currencies, goods, services, assets, interest rates or credit.
In today’s globalized version of “free trade,” mobile capital can arbitrage the varying costs of labor, currencies, interest rates, taxes, environmental regulations and political favors by shifting capital between nations.
In the global economy, trade is not conducted between equals; those with access to the unlimited credit of financialization can outbid domestic capital for assets, labor and political favors.
The mobility and scale of capital give it outsized influence in small, credit-starved local markets.
Mobile capital, with its essentially unlimited line of credit, can overwhelm the local political system, buying favors and cutting deals to limit costs and competition. Local elites are soon co-opted, and people starved for cash income are easily recruited as labor.
Local assets–priced for the local economy where credit and cash are both limited–are snapped up on the cheap by global capital, and sold for immense profits.
Credit–scarce in traditional self-sufficient economies–offers maximum leverage to global capital, which can borrow money in distant markets at low costs and use the cash to outbid local buyers to snap up local resources that are still cheap compared to the resources in other globalized markets.
The influx of credit also fuels a destabilizing explosion of credit-based consumption in the local economy, causing people with little experience with credit to become over-indebted.
As the over-indebted default, their land and other possessions are confiscated by offshore lenders, further impoverishing the local populace and enriching global capital.
Where is the “free trade” in a world in which the comparative advantage is held by mobile capital? And what gives mobile capital its essentially unlimited leverage?
Central banks, which issue nearly-free money to banks which funnel the cash to corporations and financiers, who can then roam the world snapping up assets and arbitraging global imbalances with low-interest money.
There’s nothing remotely “free” about trade based on capital flows generated by central bank liquidity.
This mobility of capital is an enormous benefit to the owners of the capital, but it creates extraordinary instability for those who are not mobile. When mobile capital encounters anything that reduces profits–higher taxes and rising labor costs, competition or restrictive regulations–it closes factories and fires workers in that locale and shifts to another locale with greater opportunities for high returns.
The workers left behind have limited means to replace the lost wages, and the local state often has few resources to repair any damage left by the exploitation of resources. The advantage of mobility is reserved for capital, and to the relatively limited cohort of workers who can immigrate to other nations to find work.
This illustrates two key characteristics of financialized globalization: perpetual instability and a never-ending cycle of boom and bust as capital sparks rapid development in one locale and then moves elsewhere once profits decline.
The scale of global capital is difficult to grasp; trillions of central bank-issued dollars, euros, yen and renminbi are sloshing around the global economy, seeking low-risk profits.
Capital has no loyalty to anything but its own expansion, and the damage it leaves in its wake is of no concern to the owners of capital.
There are even less visible consequences to the globalization of markets, capital and labor. Once goods and services are priced globally, local supply and demand no longer set the local price. As a result, measuring inflation and deflation locally is meaningless in a globalized economy.
This globalization of price–for goods, services, credit and currencies–continually creates imbalances that fuel a perpetual instability that gradually impoverishes every sector other than global capital, which being mobile, can exploit the imbalances for its own profit.
Who benefits over the longer term from the permanent instability and boom-and-bust cycles of this arrangement? Only those close to the credit spigots of central banks.
This essay was drawn from my new book, Why Our Status Quo Failed and Is Beyond Reform, which Gordon T. Long and I discuss in a new 34-minute YouTube program.
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Read more at http://www.maxkeiser.com/2016/05/the-destabilizing-consequences-of-globalization/#8Po2p733XqaYCrDL.99

Thursday, May 12, 2016

Anonymous congressman writes tell-all book and admits he never reads bills he votes on | Daily Mail Online

Anonymous congressman writes tell-all book and admits he never reads bills he votes on | Daily Mail Online

'Screw the next generation' and 'Harry Reid's a pompous a**': Democratic congressman writes Anonymous tell-all book slamming 'nation of naive, self-absorbed sheep' as he admits he never reads bills he votes on

  • 'My main job is to keep my job, to get reelected. It takes precedence over everything,' an anonymous member of Congress writes in a new book
  • 'Voters are incredibly ignorant and know little about our form of government and how it works,' he writes
  • 'It's far easier than you think to manipulate a nation of naive, self-absorbed sheep who crave instant gratification'
  • The author is a Democrat in Congress who laid out his complaints to a long-time friend and former Capitol Hill staffer who edited them into a book
  • 'The Confessions of Congressman X' will be released May 24 by a small Minnesota-based 'vanity press' publisher 

Brazil's Temer calls for unity, confidence for Brazil recovery | Reuters

Brazil's Temer calls for unity, confidence for Brazil recovery | ReutersBut like other leftist leaders across the region, Rousseff discovered that the party, after four consecutive terms, overstayed its welcome, especially as commodities prices plummeted and her increasingly unpopular government failed to sustain economic growth.

In addition to the downturn, Rousseff, in office since 2011, was hobbled by the corruption scandal and a political opposition determined to oust her.

Jimmy Kimmel Announces He's Running for Vice President on 'Kimmel' - Hollywood Reporter

Jimmy Kimmel Announces He's Running for Vice President on 'Kimmel' - Hollywood Reporter

As Boyish Ben Rhodes Drops Truth Bombs, Obama’s Media Mask Crumbles

As Boyish Ben Rhodes Drops Truth Bombs, Obama’s Media Mask Crumbles



Across the country, wherever people gather to talk national security, the hot topic for days now has been the New York Times Magazine’s big interview with Ben Rhodes, President Obama’s foreign policy guru-cum-salesman. 







Especially inside the Beltway, Mr. Rhodes’ pointed comments about his work—particularly his admissions about manipulation of the media to sell Mr. Obama’s nuclear deal with Iran—have caused a stir that’s unlikely to die down soon.

Leah the Boss on Twitter: "It's a criminal defense attorney's job to call a 12 year old emotionally unstable and blame her for her own rape? https://t.co/VYWQBkVxjI"

Leah the Boss on Twitter: "It's a criminal defense attorney's job to call a 12 year old emotionally unstable and blame her for her own rape? https://t.co/VYWQBkVxjI"

The X-Men: Apocalypse End Credits Scene Will Introduce A New Character, But Who? - CINEMABLEND | page 2

The X-Men: Apocalypse End Credits Scene Will Introduce A New Character, But Who? - CINEMABLEND | page 2

 

The X-Men: Apocalypse End Credits Scene Will Introduce A New Character, But Who?

BY ADAM HOLMES 22 MINUTES AGOdiscussion 0 COMMENTS
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Cable
Cable
In the Deadpool post-credits scene, Wade Wilson (while putting his own twist on the end of Ferris Bueller’s Day Off) stated that Cable would appear in Deadpool 2, and the director and writers have since teased how the time traveling mutant will be incorporated in the sequel. With the exception of Colossus and his trainee, Negasonic Teenage Warhead, Deadpool didn’t really have any major connections to the rest of the X-Men movies, but Cable can serve as a great bridge between the two sides. So how does he connect to X-Men: Apocalypse? As comic book fans know, he’s the son of Scott Summers and Jean Grey, both of whom are participating in this movie. Scott and Jean are just meeting each other here as teenagers, but in this new timeline, they could have a child who, just like in the source material, has to be sent to the future. As an adult, he then has to travel back to when his parents were young. Cable is tied to Deadpool 2 right now, but maybe he goes back in time even further, and from there, that could lead to a presence in New Mutants, given that he mentored the team in the comics. 

‘Progressive economics strikes again!’ Wendy’s proves that the real minimum wage is actually $0.00 – twitchy.com

‘Progressive economics strikes again!’ Wendy’s proves that the real minimum wage is actually $0.00 – twitchy.com



Remember when conservatives dared to suggest that raising the minimum wage for fast-food workers to $15.00/hour would force businesses to cut staff and would hasten the replacement of those workers with automated systems?
Well, Wendy’s just proved us right and announced that they’re rolling out self-service kiosks “nationwide” to their 6000 stores later this year:


Wednesday, May 11, 2016

Bill Mitchell on Twitter: "I believe we have already seen "Peak Clinton," as demonstrated by this graph: https://t.co/mmvwuAqYF3"

Bill Mitchell on Twitter: "I believe we have already seen "Peak Clinton," as demonstrated by this graph: https://t.co/mmvwuAqYF3"

Divine intervention? Indian Hindus ask gods to help Trump

Divine intervention? Indian Hindus ask gods to help Trump



NEW DELHI (AP) — Donald Trump may find it tough to get Republican leaders behind his campaign, but he's got some faraway fans trying to get the gods on his side.
Around a dozen members of a right-wing Indian Hindu group lit a ritual fire and chanted mantras Wednesday asking the Hindu gods to help Trump win the U.S. presidential election.
While Trump has dominated the Republican primary race to decide the party's candidate for the November election, his calls for temporarily banning Muslims from America and cracking down on extremist groups abroad have earned him some fans in India.
"The whole world is screaming against Islamic terrorism, and even India is not safe from it," said Vishnu Gupta, founder of the Hindu Sena nationalist group. "Only Donald Trump can save humanity."
 
Members of the group gathered on a blanket spread out in a New Delhi protest park along with a collection of statues depicting gods including Shiva and Hanuman — as well as photos of a smiling Trump.
Above them hung a banner declaring support for Trump "because he is hope for humanity against Islamic terror."
The group chanted Sanskrit prayers asking the gods to favor Trump in the election, and threw offerings such as seeds, grass and ghee — or clarified butter — into a small ritual fire.

Tuesday, May 10, 2016

Could a plastic punch revolutionise the lives of palm oil subsistence farmers? - BBC News

Could a plastic punch revolutionise the lives of palm oil subsistence farmers? - BBC News



The piece of plastic is a leaf punch. Farmers can use it to take a small sample from the leaf of an oil palm seedling tree.
Part of the punch - a small barcode - detaches and is left on the tree's leaf. The rest of the punch - with a matching barcode and small retrieved section of leaf- is sent off to a lab for testing.




This test determines how much fruit a tree will yield, enabling those with poor potential to be discarded quickly.


White House on damage control after magazine profile on Obama aide sparks outrage | Fox News

White House on damage control after magazine profile on Obama aide sparks outrage | Fox News



the White House oversold the legacy-burnishing deal to curb Iran's nuclear program.
The piece portrays Rhodes, Obama's top foreign policy speechwriter and arguably one of his most influential aides, as singularly in tune with his boss's thinking and narrowly focused on crafting a messaging machine to support it.
The article quotes Rhodes lamenting the ignorance of Washington reporters. ("They literally know nothing.") And it describes Rhodes, a former aspiring novelist, as focused on crafting a storyline and dismissing facts that don't fit.
Rhodes appears to try to keep secret news that Iran had seized 10 U.S. Navy sailors until after the president's State of the Union speech. The article quotes Rhodes and his aides describing how they used social media, journalists and friendly interest groups to disseminate White House-generated talking points about the Iran deal.
"We created an echo chamber," Rhodes said. "They were saying things that validated what we had given them to say."

Monday, May 9, 2016

‘The Punisher’ Rodrigo Duterte on course for victory in Philippine presidential vote

‘The Punisher’ Rodrigo Duterte on course for victory in Philippine presidential vote

Rodrigo Duterte, a brash crime-fighting mayor nicknamed “the Punisher”, has taken a commanding lead as provisional results poured in for presidential elections in the Philippines.

The firebrand figure, who has vowed to order mass killings of criminals and feed their bodies to the fish of Manila Bay, appeared on course to win the presidency with a crushing victory.

The overwhelming vote signalled an anti-establishment backlash in a country plagued by enduring challenges of crime, corruption and poverty.


En Venezuela no hay democracia por José Vicente Carrasquero A.

En Venezuela no hay democracia por José Vicente Carrasquero A.La protección del derecho de propiedad y existencia de importantes grupos privados de poder en la actividad económica es motivo de ataque permanente por parte del gobierno de Maduro. No contentos con haber expropiado y expoliado cantidad de propiedades, se dedican a acosar a aquellas empresas que a pesar de un clima hostil a las inversiones se empeñan en seguir operando en Venezuela. Las amenazas constantes contra las empresas más importantes lo único que buscan es diluir la responsabilidad del gobierno por su empeño en mantener un modelo económico anacrónico y fracasado.

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