Economy

A woman walking her bicycle was hit and killed by a driverless Uber.  So Uber and Toyota stopped testing driverless cars. But GM still says it will have a fleet sans drivers on the road in 2019. Human Error Meanwhile The Atlantic estimates dr…

President Trump yesterday announced a 25% tariff on imported steel. Good news for American steelmakers but not so good for American Steel users. He also slapped aluminum with a 10% charge. The news came as a surprise to the stock market. The Dow displa…

Republicans pushed through a pro growth tax cut. But then they passed a budget full of deficit spending. On Face the Nation Rand Paul called his party hypocritical.
The End is Coming
Kevin Williamson at National Review calls Senator Paul “fantast…

Nancy Pelosi called Trump’s tax cuts for workers “crumbs”. Thousand dollar crumbs, but still crumbs. No doubt the House Minority Leader from San Francisco does have thousand dollar crumbs on her plate. By her lights those crumbs are a…

The Dow hit another record high yesterday.  Unemployment is at a record low. Though The Hill says the 4.1% rate is more like 8% when you include the underemployed. At any rate over half of those polled by CNBC  rated the economy as “goo…

It’s been a wild ride for bitcoin. According to Cointelegraph.com the crypto coin lost 40% of its value last week. It dropped from $20,078 to $11,833. But was it just a buying opportunity? Bitcoin bounced to $15,147 yesterday. Big Bitco…

President Trump won big on tax reform. And Nancy Pelosi became unhinged. Here’s some of what she had to say about the bill: End of the world… Armagedon…Brazen theft from the middle class…Raises taxes on 86 million middle cl…

Last week President Trump issued an executive order rolling back President Obama’s executive order to subsidize insurance companies.  The subsidies reimburse the companies for reducing certain out-of-pocket expenses to policy holders. The only problem is Congress refused to appropriate money for the subsidies. So Obama whipped out his pen and phone and and started spending

The post Insurance Companies’ Very Bad Week appeared first on Bokbluster.com.

BY IWB · OCTOBER 15, 2017

By Michael Snyder

Throughout human history, those in the ruling class have found various ways to force those under them to work for their economic benefit. But in our day and age, we are willingly enslaving ourselves. The borrower is the servant of the lender, and there has never been more debt in our world than there is right now. According to the Institute of International Finance, global debt has hit the 217 trillion dollar mark, although other estimates would put this number far higher. Of course everyone knows that our planet is drowning in debt, but most people never stop to consider who owns all of this debt. This unprecedented debt bubble represents that greatest transfer of wealth in human history, and those that are being enriched are the extremely wealthy elitists at the very, very top of the food chain.

http://investmentwatchblog.com/how-the-elite-dominate-the-world-part-1-debt-as-a-tool-of-enslavement/

summary via R3publican

By Armstrong Williams, opinion contributor — 09/18/17

I recently had the opportunity to read the ‘Creature from Jekyll’ Island by G. Edward Griffin, a prodigious tome dealing with the circumstances surrounding the creation of the U.S. Federal Reserve system. I was taken aback by some of its provocative assertions.

  • America joined World War I largely to help a few bankers profit off the war (despite a long-standing Monroe doctrine that prohibited our involvement in European affairs)
  • The Bolshevik Revolution of 1917 was supported by international financial interests in order to destabilize Russia and steal the wealth of the Russian people; and
  • So-called ‘foreign aid’ is merely a clever means of shifting the bad debt incurred by banks and wealthy financiers to American taxpayers.

read more at http://thehill.com/opinion/finance/351153-the-federal-reserve-is-setting-america-up-for-economic-disaster

summary via R3publican

LAMB NAMES OKLAHOMA ECONOMIC DIVERSIFICATION COMMITTEE
Oklahoma Business Leaders to Support Efforts to Grow Oklahoma Exports

OKLAHOMA CITY, OK – August 14, 2017 – Republican gubernatorial candidate Todd Lamb announced today the formation of his Oklahoma Economic Diversification Committee. The group of Oklahoma business leaders will advise on issues to help diversify Oklahoma’s economy through greater worldwide trade.

“Growing and strengthening Oklahoma’s economy, both within our borders and beyond, is a central component of my Renew Oklahoma plan,” Lamb said. “To that end, I am pleased to announce that prominent Oklahoma business leader Chuck Mills will serve as chairman of my Oklahoma Economic Diversification Committee. Chuck is chairman of the OK District Export Council and president of Mills Machine Company, a third-generation manufacturer located in Shawnee. I am honored to have his business expertise, experience and counsel, as well as that of the other committee members as I pursue the governor’s office.”

Mills commented, “I am excited to help Todd Lamb formulate an advisory committee that will assist him in creating economic development opportunities throughout Oklahoma and beyond. The goal of the committee is to explore all avenues to create broader awareness and opportunities for Oklahoma companies to showcase, and ultimately export, their products. Todd Lamb has the vision and real-life business experience to be a tremendous advocate for Oklahoma businesses, large and small, as Oklahoma’s chief executive officer.”

Committee members include:

  • Keith Briem – Choctaw Global, McAlester
  • Dr. Don Drew – Oklahoma Christian University, Edmond
  • C.R. Freeman – Premium Beef and Grain, Lone Wolf
  • Johnny “Bump” Grant – Consolidated Turbine Specialists, LLC., Bristow
  • Alfred Hernandez – Lopez Foods, Inc., Oklahoma City
  • Heidi Hughes – GEFCO, Inc., Enid
  • Eric Kunkel – CCK Strategies, PLLC., Tulsa
  • George Lee – Red Devil, Inc., Pryor
  • Chuck Mills – Mills Machine Company, Shawnee
  • Dick Morris – Advantage Controls, Muskogee
  • Alfonso Nieves – BuildBlock Building Systems, LLC., Oklahoma City
  • Joe Smith, Jr. – Ditch Witch, Perry

Lamb said additional Oklahoma leaders will be announced in the coming weeks to lead other
advisory committees.

There are certain things one doesn’t ask in polite elite society. Lucky for you you’re nowhere near there. You’re in Bokbluster, so I’ll ask: Is it possible, on average, that girls don’t like math as much as boys? It’s possible, on average. Unless you’re Larry Summers, the former president of Harvard. Is it possible, on

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