Economy

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/

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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

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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

The post Google Engineer James Damore appeared first on Bokbluster.com.

Here’s a nifty graphic from Axios AM.  It’s based on data gathered by The Kaiser Family Foundation. The data show that most people are covered by group health insurance. But Medicaid comes in second. The Affordable Care Act encouraged states to expand Medicaid to the able bodied poor. The deal was that the feds would

The post Medicaid Addiction Crisis appeared first on Bokbluster.com.

Uber investors forced C.E.O. Travis Kalanick out of the company he founded yesterday. Here’s Reuters: The resignation sent shockwaves through Silicon Valley and leaves Uber’s board of directors with the problem of finding a dynamic leader who also has a steady hand needed to heal Uber after a bruising six months. Uber Founder Ejected And here’s MIT

The post Uber Founder Ejected appeared first on Bokbluster.com.

When it comes to the “New World Order” we (at least those of us that know about it) are all like a blind man trying to “describe an elephant.” How he describes it depends on what part of the elephant he is touching. Jeff Nielson on the X22 Report describes the purveyors of the NWO as really banking criminals and I believe rightly so. In any event, listen to his very astute observations about our economy and the banking elite.

Featured picture is from Pixabay

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Anthem Insurance recently pulled out of Ohio’s ObamaCare exchange. The company cited “a mix of uncertainty and big losses from higher-than-expected bills racked up by sick policyholders.” Also, Anthem cited the shrinking individual market — a half million fewer people signed up for Obamacare during open enrollment this year — and the return of an

The post Anthem Takes a Hike appeared first on Bokbluster.com.

May 25, 2017 by SchiffGold

In his most recent Gold Videocast, Peter Schiff pointed out that Pres. Trump inherited an economic mess from Barack Obama. Even if he can manage to get his policies implemented in the midst of the political circus going on in D.C., it isn’t going to be enough to stop the downward economic spiral.

Yes, having Donald Trump president is better than having Hillary Clinton as president. But he is not a get out of jail free card for the economy… The problem is the damage is going to hit on Donald Trump’s watch. Barack Obama got out of Dodge just in time.”

Brandon Smith at Alt-Market.com agrees that the economy is due to take a plunge. He takes things a step further, asserting that Trump is just the scapegoat the central bankers have been waiting for. Now they can nudge up interest rates and blame the chaos caused by popping bubbles on the president specifically and Republican policies in general.

I have been warning since long before the election that Trump’s presidency would be the perfect vehicle for central banks and international financiers to divert blame for the economic crisis that would inevitably explode once the Fed moved firmly into interest rate hikes. Every indication since my initial prediction shows that this is the case… I continue to go one further than the mainstream media and say that the Trump administration is a giant cement shoe designed (deliberately) to drag conservatives and conservative principles down into the abyss as we are blamed by association for the financial calamity that will occur on Trump’s watch.”

This will work because most Americans don’t have even a basic understanding of economics. They dutifully accept what the mainstream media spoon feeds them. In the minds of many Americans, if the stock market is rising and unemployment is low, everything is great!

And hey! Stocks are soaring, right?

And yet there is a huge disconnect between stock market prices and economic reality. It’s clear that Fed policy has pumped up a massive stock market bubble. Analysis last year by Yahoo Finance showed 93% of the entire stock market move since 2008 was caused by Federal Reserve policy. But people don’t understand this. They turn on CNBC, see the stock markets rocketing upward, and assume the economy is great.

To Continue Reading

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