President Donald Trump has nominated Dr. Judy Shelton to the Board of Governors of the Federal Reserve System. As a Fed governor, Shelton would also sit as a member of the Federal Open Market Committee, the body which sets Fed monetary policy. Shelton has openly discussed benefits of using gold as a tool for managing the dollar's value and even a return to the gold standard by nations involved in international trade. However, the predominant Keynesian advocates of floating values for fiat currency presently produced by the Fed are already attacking Shelton as macroeconomically illiterate and are, of course, supported in this attack by mainstream allies in major media. Shelton's nomination is likely to be beneficial in resolving major concerns presently afflicting international trade relations and U. S. financial stability. Each mile of progress begins with one step, and this is a good one.
Mongoose: Could Modern Science Hit Unethical Companies Hard? Can a Public Demand for the Truth at Any Cost Stop 5G?
03 Economy, 03 Environmental Degradation, 07 Health, 07 Other Atrocities, 10 Transnational Crime, 11 Society, Commerce, Commercial Intelligence, Corruption, Earth Intelligence
Modern Science Could Hit Unethical Companies Where It Hurts
The underhanded tactics Monsanto and other chemicals makers use to hide the dangers in products like Roundup are perfectly legal. But it’s getting harder to keep the mounting evidence secret.
Phi Beta Iota: Worth a look but hypocritical in that academia and media have been happy to be bribed to look the other ways on everything. Holistic analytics and true cost economics are the non-negotiable starting points.
Ellen Brown: How to Pay For It All – An Option the Candidates Missed
03 Economy, 11 Society
How to Pay for It All: An Option the Candidates Missed
“Kyouryoku,” the Japanese word for cooperation, is composed of characters that mean “together strength” – “stronger by working together.” This is a recognized principle in Asian culture and it is an approach we would do well to adopt. What US presidential candidates from both parties should talk about is how to modify the law so that Congress, the Administration and the central bank can work together in setting monetary policy, following the approaches successfully modeled in China and Japan.
Mongoose: Alert Reader on Big Pharma Going Down
03 Economy, 07 Health, Commerce, CorruptionAlert Reader writes in….
Steven Greer calls them the four horsemen of the economic apocalypse:
Big Pharma, Big Finance, Big Oil and Big Military.
Big Oil started going down when Colonel Prouty disclosed shortly before 2001 the oil racket created on lies about “scarcity” by Rockefeller a century earlier. Bayer recently took a few nasty hits with the lawsuits against Monsanto and this one against Johnson and Johnson won't help. Major banks such as Deutsche Bank are going down and… our weaponry isn't up to snuff and nor is our military. Disclosure of some type is at hand.
Johnson & Johnson Faces Multibillion Opioids Lawsuit That Could Upend Big Pharma
Yoda: Most Americans Can’t Afford to Pay Rent, Eat Food, Buy Stuff, or Get Sick (And It’s Just Going to Get WORSE)
03 Economy, 06 Family, 11 Society
Alert Reader writes in:
“A recent study found that more than 63 percent of American children and 55 percent of Americans live in “asset poverty”. This means they have few or no assets to rely on in the event of a financial emergency such as a job loss, a medical crisis, recessions, or natural disasters.
In a press release, study co-author David Rothwell, an assistant professor in OSU’s College of Public Health and Human Sciences, explained that when families lack assets such as vehicles, homes, savings accounts or investments, surviving a financial crisis is very difficult. “This is a dimension of financial security that we don’t think about that much, and it’s pretty high. The findings highlight the extent of financial insecurity among American families. These shocks ripple through the family and down to the children,” Rothwell said.
Judy Shelton to Fed, Asset-Backed Currency on 4th of July, and More….
03 Economy, Commerce, Commercial Intelligence, Ethics, Government, Officers Call
Gold Surges After Trump Nominates Gold Standard Advocate Judy Shelton To Fed Board
So why does Trump want Shelton on the board? Simple: she previously said that if appointed, she would lower interest rates to 0% in one to two years. That's all markets had to known and following the news that Shelton is being nominated to the Fed board, gold spiked $10 from $1,425 to $1,435 in minutes, as Trump's push for ZIRP (and soon after, NIRP) just took on an added urgency.
Continue reading “Judy Shelton to Fed, Asset-Backed Currency on 4th of July, and More….”
Yoda: Video Tour of Los Angeles Tent City — Homeless Desperation Amist Disease & Filth
03 Economy, 06 Family, 07 Health, 07 Other Atrocities, 09 Justice, 10 Transnational Crime, 11 Society, Corruption, Cultural Intelligence, Government, IdiocyBrandon Straka, the creator the walk-away campaign toured the tent city part of Los Angeles to check out for himself if the news reflect the truth. In his own words, it is much, much worse than he expected and he took a short film of what he described as “the worst war zone ever, reminiscent of the footage of WWII bombed cities, with an unbelievable stench, trash strewn everywhere and remnants of people chasing him away and preventing him from filming. A true vision of apocalypse worse than anything ever seen in third-world countries.
