The Most Powerful Earthquakes In History

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Posted on 26th April 2016 by Administrator in Economy

Infographic: The Most Powerful Earthquakes In History | Statista
You will find more statistics at Statista

Yesterday marked one year since a devastating earthquake struck Nepal, killing 8,000 people and injuring 21,000 more. It caused $10 billion of damage and had a magnitude of 7.5. How does that compare to the most powerful earthquakes ever recorded? According to research by the Guardian and the US Geological Survey, the 1960 Valdivia earthquake is the most powerful ever recorded with a magnitude of about 9.5. More recent events including the 2004 earthquake off the west coast of northern Sumatra and the 2011 earthquake off Japan’s east coast were among the most powerful ever recorded.

Treasury out of money, cancels Tubman on the $20

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Posted on 26th April 2016 by Maggie in Economy

Just hours after announcing that civil rights pioneer Harriet Tubman would replace Pres. Andrew Jackson on the $20 bill, the Treasury Department canceled the project after realizing it no longer ha…

(Hat tip Ed) Source: Treasury out of money, cancels Tubman on the $20 


Censored, Surveilled, Watch Listed and Jailed: The Absurdity of Being a Citizen in the American Police State

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Posted on 26th April 2016 by Administrator in Economy |Politics |Social Issues

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Guest Post by John W. Whitehead

In the American police state, the price to be paid for speaking truth to power (also increasingly viewed as an act of treason) is surveillance, censorship, jail and ultimately death.

However, where many Americans go wrong is in assuming that you have to be doing something illegal or challenging the government’s authority in order to be flagged as a suspicious character, labeled an enemy of the state and locked up like a dangerous criminal.

In fact, as I point out in my book Battlefield America: The War on the American People, all you really need to do is use certain trigger words, surf the internet, communicate using a cell phone, drive a car, stay at a hotel, purchase materials at a hardware store, take flying or boating lessons, appear suspicious, question government authority, or generally live in the United States.

With the help of automated eyes and ears, a growing arsenal of high-tech software, hardware and techniques, government propaganda urging Americans to turn into spies and snitches, as well as social media and behavior sensing software, government agents are spinning a sticky spider-web of threat assessments, flagged “words,” and “suspicious” activity reports aimed at snaring potential enemies of the state.

It’s the American police state’s take on the dystopian terrors foreshadowed by George Orwell, Aldous Huxley and Phillip K. Dick all rolled up into one oppressive pre-crime and pre-thought crime package.

What’s more, the technocrats who run the surveillance state don’t even have to break a sweat while monitoring what you say, what you read, what you write, where you go, how much you spend, whom you support, and with whom you communicate. Computers now do the tedious work of trolling social media, the internet, text messages and phone calls for potentially anti-government remarks—all of which is carefully recorded, documented, and stored to be used against you someday at a time and place of the government’s choosing.

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World War III Has Begun

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Posted on 26th April 2016 by Administrator in Economy |Politics |Social Issues

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Guest Post by Paul Craig Roberts

The Third World War is currently being fought. How long before it moves into its hot stage?

Washington is currently conducting economic and propaganda warfare against four members of the five bloc group of countries known as BRICS—Brazil, Russia, India, China, and South Africa. Brazil and South Africa are being destabilized with fabricated political scandals. Both countries are rife with Washington-financed politicians and Non-Governmental Organizations (NGOs). Washington concocts a scandal, sends its political agents into action demanding action against the government and its NGOs into the streets in protests.

Washington tried this against China with the orchestrated Hong Kong “student protest.” Washington hoped that the protest would spread into China, but the scheme failed. Washington tried this against Russia with the orchestrated protests against Putin’s reelection and failed again.

To destablilze Russia, Washington needs a firmer hold inside Russia. In order to gain a firmer hold, Washington worked with the New York mega-banks and the Saudis to drive down the oil price from over $100 per barrel to $30. This has put pressure on Russian finances and the ruble. In response to Russia’s budgetary needs, Washington’s allies inside Russia are pushing President Putin to privatize important Russian economic sectors in order to raise foreign capital to cover the budget deficit and support the ruble. If Putin gives in, important Russian assets will move from Russian control to Washington’s control.

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More Outrageous Medical Practices: Kickbacks and Taxation

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Posted on 26th April 2016 by Administrator in Economy |Politics |Social Issues

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Guest Post by Karl Denninger

 

The list of apparently-unlawful acts just keeps coming, doesn’t it?

I’ve written for essentially the entire time that The Market Ticker has been in publication on the outrageous apparent violations of 15 USC by medical providers of all sorts, whether they be doctors, hospitals, pharmaceutical companies or other suppliers.  15 USC, collectively the Sherman, Clayton and Robinson-Patman acts, form the main body of US Anti-trust law and make unlawful any action by any party with “market power” that intends to or does restrain trade.  Among the most-serious and obvious apparent violations are those relating to “tied sales”, where one is essentially extorted into purchasing “insurance” in order to avoid being billed at 2, 3, 5, or even 10x the price for a given service that someone with “insurance” is billed.  Business practices that act to effectively force you to buy something you otherwise would not are not only usually unlawful under 15 USC they can also reasonably be viewed as felony extortion — “buy this or be bankrupted if at some point you need to buy that because you’ll be charged 10x as much as the so-called insurance company is charged for the same good or service.”

Then there is the wide body of consumer protection law, most of it at state levels, that makes unlawful any sort of predatory pricing, refusal to quote prices or bill out a service at a higher price than that quoted, various anti-gouging statutes that make illegal jacking up prices to those not in a position to negotiate (e.g. the gas station that doubles the price of gas when a hurricane is approaching) and similar.  Refusal to quote a price, billing at the highest rate to those who find themselves “in extremis” and similar are all quite-apparent violations of these laws, but are literally never prosecuted.

And now we have a new angle, which I hadn’t though of but, being a former CEO and well-acquainted with the tax code in regards to business dealing, is utterly true: kickbacks.

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The Initiate

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Posted on 26th April 2016 by Administrator in Economy |Politics |Social Issues

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Guest Post by Francis Marion

Prologue:

I am big believer in the idea that the recipe for raising good kids is simple. Be patient and give them your time. If you spend time with them, take and interest in who they are and what they like and include them in activities (both work and play) that are gateways to adulthood then most of the time you’ll end up with good kids. I’m especially proud of both of mine. They are both turning out to be very fine human beings.

 

In the years that I have lived in British Columbia I have learned that hunting deer in the southwestern region of the province is simple. In the opening days of September the deer are still in their summer range. This means they are up high. As the season wanes, the weather cools and the first snows hit they move to lower elevations.  I say this facetiously of course, as this is where the simplicity ends.

Early deer season in our part of the world is decidedly not simple. I am a child of the prairies and growing up in Saskatchewan, “deer hunting” meant pushing whitetails out of pockets of bush in the agricultural zones. It is an activity as much akin to wing shooting as anything else. The same activity pursued in my current local is dramatically different. Here, just getting to where the game lives is more akin to an “Iron Man” competition than it is to hunting elsewhere and the older I get the less that statement seems like hyperbole.

Over the years I have learned a few important things about hunting in the high country: everything is steeper, further and heavier. Small mistakes can compound themselves quickly. Too little water, the wrong clothing, a slip of the knife or the foot or grabbing the wrong branch can spell disaster. Simply being in the alpine is risky. Hunting deer and other game there is challenging. Successfully taking game there is life affirming. It is why I go back year after year whether I am successful or not.

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Malinvestment In US Malls—-800 Department Stores Or One Fifth Of Capacity Now Uneconomic

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Posted on 26th April 2016 by Administrator in Economy |Politics |Social Issues

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Oh look. The MSM is now writing stories I already wrote four years ago. They are really adding value.

 

By Suzanne Kapner at The Wall Street Journal

Department stores need to close hundreds of locations if they want to regain the productivity they had a decade ago, according to new research from Green Street Advisors.

The real-estate research firm estimates that the closures could include roughly 800 department stores, or about a fifth of all anchor space in U.S. malls.

Sears Holdings Corp. alone would need to close 300, or 43%, of its Sears stores to regain the sales per square foot it had in 2006, adjusted for inflation, according to Green Street.

“Department stores used to be a great catchall for different brands, but today many of the brands have stores of their own, and shoppers can also find them online,” said DJ Busch, a senior Green Street analyst.

Sears and other retailers including Macy’s Inc. and J.C. Penney Co. have closed hundreds of stores in recent years as business has shifted to discounters or online merchants likeAmazon.com Inc. But the closures haven’t been enough to offset a drop in sales, Green Street said.

THE QUEEN BEE

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Posted on 26th April 2016 by Administrator in Economy |Politics |Social Issues

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Via Ben Garrison


If God Is Dead…

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Posted on 26th April 2016 by Administrator in Economy |Politics |Social Issues

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Guest Post by Patrick J. Buchanan

In a recent column Dennis Prager made an acute observation.

“The vast majority of leading conservative writers … have a secular outlook on life. … They are unaware of the disaster that godlessness in the West has led to.”

These secular conservatives may think that “America can survive the death of God and religion,” writes Prager, but they are wrong.
And, indeed, the last half-century seems to bear him out.

A people’s religion, their faith, creates their culture, and their culture creates their civilization. And when faith dies, the culture dies, the civilization dies, and the people begin to die.

Is this not the recent history of the West?

Today, no great Western nation has a birthrate that will prevent the extinction of its native-born. By century’s end, other peoples and other cultures will have largely repopulated the Old Continent.

European Man seems destined to end like the 10 lost tribes of Israel — overrun, assimilated and disappeared.

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“The scandal is what the law allows…”

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Posted on 26th April 2016 by Administrator in Economy |Politics |Social Issues

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Guest Post by Charles Michaelson

Being fresh back from captivity among the civilized, my loathing for any number of our leaders seems fresh and surprising. But after a few days I will revert to being, like you, resigned to the way the world.

But before that sets in, where to start?

On the world stage full of purported leaders who are dangerous fools, Turkey’s Recep Tayyip Erdoğan has a special place. He charged the EU several billion dollars to let the EU force hundreds of thousands of terrified refugees into concentration camps in Anatolia, then upped the ante and said there would be no deal unless Turks were allowed visa-free travel throughout the EU. He also wants journalists who “disrespect him” jailed, and comedians who make fun of him extradited to Ankara for appropriate punishment – a condition that Angela Merkel found reasonable. Meanwhile his troops are gunning down women and children (suspected of being Kurds) fleeing Syria as Erdoğan pursues his genocidal war against the Kurds while trying to pretend that the slaughter of half a million or more Armenians a hundred years ago never happened. All while US President Obama – who has committed a few war crimes himself – pretends that the Armenians committed suicide

Amusingly, the US now claims that it had understated the number of collaterally damaged dead civilians in US air strikes in Iraq and Syria, and that there had actually been 42. This does not, obviously, include the hundreds of thousands of collaterally dead and wounded civilians previously inflicted on innocents in Iraq, Afghanistan, Pakistan, Libya…

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OBAMA FINDS A CURE FOR WHAT AILS US

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Posted on 26th April 2016 by Administrator in Economy |Politics |Social Issues

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Via Investors.com

QUOTES OF THE DAY

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Posted on 26th April 2016 by Administrator in Economy |Politics |Social Issues

“Gradually it was disclosed to me that the line separating good and evil passes not through states, nor between classes, nor between political parties either — but right through every human heart — and through all human hearts. This line shifts. Inside us, it oscillates with the years. And even within hearts overwhelmed by evil, one small bridgehead of good is retained. And even in the best of all hearts, there remains … an unuprooted small corner of evil.

Since then I have come to understand the truth of all the religions of the world: They struggle with the evil inside a human being (inside every human being). It is impossible to expel evil from the world in its entirety, but it is possible to constrict it within each person.”

Aleksandr Solzhenitsyn, The Gulag Archipelago 1918-1956

“You only have power over people as long as you don’t take everything away from them. But when you’ve robbed a man of everything, he’s no longer in your power–he’s free again.”

Aleksandr Solzhenitsyn

“The simple step of a courageous individual is not to take part in the lie. “One word of truth outweighs the world.”

Aleksandr Solzhenitsyn

“You can resolve to live your life with integrity. Let your credo be this: Let the lie come into the world, let it even triumph. But not through me.”

Aleksandr Solzhenitsyn


DRUG WAR

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Posted on 26th April 2016 by Administrator in Economy |Politics |Social Issues

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A LONG ROAD AFTER RECOVERY FROM YOU

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Posted on 26th April 2016 by Yojimbo in Economy