investmentwatchblog--2020-09-14--Trump: Just signed a new Executive Order to LOWER DRUG PRICES! My Most Favored Nation order will ens

Trump: Just signed a new Executive Order to LOWER DRUG PRICES! My Most Favored Nation order will ensure that our Country gets the same low price Big Pharma gives to other countries….

Executive Order on Lowering Drug Prices by Putting America First By the authority vested in me as President by the Constitution and the laws of the United States of America , it is hereby ordered as follows : Section 1 .
Purpose .
Americans pay more per capita for prescription drugs than residents of any other developed country in the world .
It is unacceptable that Americans pay more for the exact same drugs , often made in the exact same places .
Other countries ’ governments regulate drug prices by negotiating with drug manufacturers to secure bargain prices , @ @ @ @ @ @ @ — effectively subsidizing innovation and lower-cost drugs for the rest of the world .
The Council of Economic Advisers has found that Americans finance much of the biopharmaceutical innovation that the world depends on , allowing foreign governments , many of which are the sole healthcare payers in their respective countries , to enjoy bargain prices for such innovations .
Americans should not bear extra burdens to compensate for the shortfalls that result from the nationalized public healthcare systems of wealthy countries abroad .
In addition to being unfair , high drug prices @ @ @ @ @ @ @ economic and health consequences for patients in need of treatment .
High prices cause Americans to divert too much of their scarce resources to pharmaceutical treatments and away from other productive uses .
High prices are also a reason many patients skip doses of their medications , take less than the recommended doses , or abandon treatment altogether .
The consequences of these behaviors can be severe .
For example , patients may develop acute conditions that result in poor clinical outcomes or that require drastic and expensive medical interventions .
In most @ @ @ @ @ @ @ lowest prices , but this has not been true for prescription drugs .
The Federal Government is the largest payer for prescription drugs in the world , but it pays more than many smaller buyers , including other developed nations .
When the Federal Government purchases a drug covered by Medicare Part B — the cost of which is shared by American seniors who take the drug and American taxpayers — it should insist on , at a minimum , the lowest price at which the manufacturer sells that drug to any other @ @ @ @ @ @ @ Medicare Part B drugs is particularly acute now , in the midst of the COVID-19 pandemic , which has led to historic levels of unemployment in the United States , including the loss of 1.2 million jobs among Americans age 65 or older between March and April of 2020 .
The COVID-19 pandemic has also led to an increase in food prices , straining budgets for many of America ’ s seniors , particularly those who live on fixed incomes .
The economic disruptions caused by the COVID-19 pandemic only increase the burdens @ @ @ @ @ @ @ other Medicare Part B beneficiaries .
Sec .
2 .
Policy .
( a ) It is the policy of the United States that the Medicare program should not pay more for costly Part B prescription drugs or biological products than the most-favored-nation price .
( b ) The “ most-favored-nation price ” shall mean the lowest price , after adjusting for volume and differences in national gross domestic product , for a pharmaceutical product that the drug manufacturer sells in a member country of the Organization for Economic Cooperation and Development that @ @ @ @ @ @ @ .
Sec .
3 .
Ensuring the Most-Favored-Nation Price in Medicare Part B .
To the extent consistent with law , the Secretary of Health and Human Services shall immediately take appropriate steps to implement his rulemaking plan to test a payment model pursuant to which Medicare would pay , for certain high-cost prescription drugs and biological products covered by Medicare Part B , no more than the most-favored-nation price .
The model would test whether , for patients who require pharmaceutical treatment , paying no more than the most-favored-nation price would mitigate @ @ @ @ @ @ @ with high drug costs .
Sec .
4 .
General Provisions .
( a ) Nothing in this order shall be construed to impair or otherwise affect : ( i ) the authority granted by law to an executive department or agency , or the head thereof ; or ( ii ) the functions of the Director of the Office of Management and Budget relating to budgetary , administrative , or legislative proposals .
( b ) This order shall be implemented consistent with applicable law and subject to the availability of appropriations @ @ @ @ @ @ @ not intended to , and does not , create any right or benefit , substantive or procedural , enforceable at law or in equity by any party against the United States , its departments , agencies , or entities , its officers , employees , or agents , or any other person .

Just signed a new Executive Order to LOWER DRUG PRICES! My Most Favored Nation order will ensure that our Country gets the same low price Big Pharma gives to other countries. The days of global freeriding at America’s expense are over… — Donald J. Trump (@realDonaldTrump) September 13, 2020
www.whitehouse.gov/presidential-actions/executive-order-lowering-drug-prices-putting-america-first/
Executive Orders
Executive Order on Lowering Drug Prices by Putting America First
Healthcare
Issued on: September 13, 2020
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows:
Section 1. Purpose. Americans pay more per capita for prescription drugs than residents of any other developed country in the world. It is unacceptable that Americans pay more for the exact same drugs, often made in the exact same places. Other countries’ governments regulate drug prices by negotiating with drug manufacturers to secure bargain prices, leaving Americans to make up the difference — effectively subsidizing innovation and lower-cost drugs for the rest of the world. The Council of Economic Advisers has found that Americans finance much of the biopharmaceutical innovation that the world depends on, allowing foreign governments, many of which are the sole healthcare payers in their respective countries, to enjoy bargain prices for such innovations. Americans should not bear extra burdens to compensate for the shortfalls that result from the nationalized public healthcare systems of wealthy countries abroad.
In addition to being unfair, high drug prices in the United States also have serious economic and health consequences for patients in need of treatment. High prices cause Americans to divert too much of their scarce resources to pharmaceutical treatments and away from other productive uses. High prices are also a reason many patients skip doses of their medications, take less than the recommended doses, or abandon treatment altogether. The consequences of these behaviors can be severe. For example, patients may develop acute conditions that result in poor clinical outcomes or that require drastic and expensive medical interventions.
In most markets, the largest buyers pay the lowest prices, but this has not been true for prescription drugs. The Federal Government is the largest payer for prescription drugs in the world, but it pays more than many smaller buyers, including other developed nations. When the Federal Government purchases a drug covered by Medicare Part B — the cost of which is shared by American seniors who take the drug and American taxpayers — it should insist on, at a minimum, the lowest price at which the manufacturer sells that drug to any other developed nation.
We are primarily funded by readers. Please subscribe and donate to support us!
The need for affordable Medicare Part B drugs is particularly acute now, in the midst of the COVID-19 pandemic, which has led to historic levels of unemployment in the United States, including the loss of 1.2 million jobs among Americans age 65 or older between March and April of 2020. The COVID-19 pandemic has also led to an increase in food prices, straining budgets for many of America’s seniors, particularly those who live on fixed incomes. The economic disruptions caused by the COVID-19 pandemic only increase the burdens placed on America’s seniors and other Medicare Part B beneficiaries.
Sec. 2. Policy. (a) It is the policy of the United States that the Medicare program should not pay more for costly Part B prescription drugs or biological products than the most-favored-nation price.
(b) The “most-favored-nation price” shall mean the lowest price, after adjusting for volume and differences in national gross domestic product, for a pharmaceutical product that the drug manufacturer sells in a member country of the Organization for Economic Cooperation and Development that has a comparable per-capita gross domestic product.
Sec. 3. Ensuring the Most-Favored-Nation Price in Medicare Part B. To the extent consistent with law, the Secretary of Health and Human Services shall immediately take appropriate steps to implement his rulemaking plan to test a payment model pursuant to which Medicare would pay, for certain high-cost prescription drugs and biological products covered by Medicare Part B, no more than the most-favored-nation price. The model would test whether, for patients who require pharmaceutical treatment, paying no more than the most-favored-nation price would mitigate poor clinical outcomes and increased expenditures associated with high drug costs.
Sec. 4. General Provisions. (a) Nothing in this order shall be construed to impair or otherwise affect:
(i) the authority granted by law to an executive department or agency, or the head thereof; or
(ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.
(b) This order shall be implemented consistent with applicable law and subject to the availability of appropriations.
(c) This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.


investmentwatchblog--2020-09-14--Hollywood actress exposes shocking scale of global child trafficking, pedophilia & abuse including r

Hollywood actress exposes shocking scale of global child trafficking, pedophilia & abuse including raping and killing newborn infants

The actress became visibly shaken while describing some of the disturbing details she came across in her pursuit to understand @ @ @ @ @ the dark world of child exploiters and pedophiles .
Speaking through tears , and powerfully @ @ @ @ @ eradicating child exploitation .
She did a freaking great job .
Kept the focus on @ @ @ @ @ respect to the topic / people throughout , and had a look of genuine look @ @ @ @ @ Really gained a lot of new respect for her here .
She gave this speech @ @ @ @ @ had no idea about it !
Tells a lot about mainstream media .
Also , @ @ @ @ @ Lively 🙂

The actress became visibly shaken while describing some of the disturbing details she came across in her pursuit to understand just what is happening in the dark world of child exploiters and pedophiles. Speaking through tears, and powerfully explaining of the importance of eradicating child exploitation.
She did a freaking great job. Kept the focus on the right things, showed respect to the topic / people throughout, and had a look of genuine look of compass to help. Really gained a lot of new respect for her here.
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She gave this speech 3 years ago and I had no idea about it! Tells a lot about mainstream media. Also, another reason to love Blake Lively 🙂
h/t Razerer92


investmentwatchblog--2020-09-14--The first prez debate is in TWO WEEKS [SEPT 29]. Still convinced that the Dems will never let it hap

The first prez debate is in TWO WEEKS [SEPT 29]. Still convinced that the Dems will never let it happen. GEOTUS

Trump on Biden : `` To do an interview , he demands on getting the questions and his people write @ @ @ @ @ they ask him a question , he goes , 'Bring that !
Bring it up @ @ @ @ @ I ca n't see it !
Dammit ! ''

Trump on Biden: "To do an interview, he demands on getting the questions and his people write out the answers. So they ask him a question, he goes, 'Bring that! Bring it up! Bring it closer. I can't see it! Dammit!"
pic.twitter.com/R8tFOEiuFj
— Breaking911 (@Breaking911) September 13, 2020


investmentwatchblog--2020-09-14--President Trump slammed Biden on Sunday: “He’s in his basement right now… He hasn’t left in 2 and a

President Trump slammed Biden on Sunday: “He’s in his basement right now… He hasn’t left in 2 and a half days.” (Video)

President Trump slammed Biden on Sunday : `` He 's in his basement right now… He has n't left in @ @ @ @ @ . ''
pic.twitter.com/4ctjTM6oLs

President Trump slammed Biden on Sunday: "He's in his basement right now… He hasn't left in 2 and a half days." pic.twitter.com/4ctjTM6oLs
— The Hill (@thehill) September 14, 2020


investmentwatchblog--2020-09-14--Hans Mahncke : “The press has dropped, in my view – and I’m talking about the national mainstream me

Hans Mahncke : “The press has dropped, in my view – and I’m talking about the national mainstream media – has dropped any pretense of professional objectivity and are political actors, highly partisan who try to shape what they’re reporting to achieve a political purpose”

`` The press has dropped , in my view – and I 'm talking about the national mainstream media – @ @ @ @ @ professional objectivity and are political actors , highly partisan who try to shape what they @ @ @ @ @ political purpose '' t.co/cdJJ04NCyz His handlers and the Fake News Media are doing everything possible @ @ @ @ @ Election .
Then he will resign , or whatever , and we are stuck with @ @ @ @ @ that NOBODY wanted !
t.co/eHhy0yBx9o

"The press has dropped, in my view – and I'm talking about the national mainstream media – has dropped any pretense of professional objectivity and are political actors, highly partisan who try to shape what they're reporting to achieve a political purpose" t.co/cdJJ04NCyz
His handlers and the Fake News Media are doing everything possible to get him through the Election. Then he will resign, or whatever, and we are stuck with a super liberal wack job that NOBODY wanted! t.co/eHhy0yBx9o
— Donald J. Trump (@realDonaldTrump) September 14, 2020


investmentwatchblog--2020-09-14--Erin Perrine: The American people don’t want $4 trillion in new taxes or the Green New Deal…  Sen. T

Erin Perrine: The American people don’t want $4 trillion in new taxes or the Green New Deal…  Sen. Ted Cruz warns: Our basic freedoms are ‘one vote away’ from disappearing

Sen. Ted Cruz Warns : Our Basic Freedoms Are ‘ One Vote Away ’ From Disappearing ( CNSNews.com ) – Sen. Ted Cruz ( R-Texas ) said he ’ s honored and humbled to be included among President Donald Trump ’ s potential nominees to the U.S. Supreme Court .
But he said he doesn ’ t want the job .
Instead , he ’ s written a book , “ One Vote Away , ” warning that our basic freedoms are in jeopardy if four liberal justices become five or even six in a Biden administration .
The book @ @ @ @ @ @ @ 5-4 conservative/liberal split on the court : “ If you care about free speech , if you care about religious liberty , if you care about any of our rights , then this book is designed to explain where they stand right now , and just how much jeopardy they ’ re in , ” Cruz told “ Sunday Morning Futures ” with Maria Bartiromo .
He noted that on all those issues and more , “ there ’ s a four-justice radical left majority on the court.
” “ If Joe Biden @ @ @ @ @ @ @ , depending on what appointments he gets , that that four votes will become five votes , and the Second Amendment will be erased from the Bill of Rights .
That ’ s the stakes of this election .
And it ’ s true on issue after issue .
”

Sen. Ted Cruz Warns: Our Basic Freedoms Are ‘One Vote Away’ From Disappearing
(CNSNews.com) – Sen. Ted Cruz (R-Texas) said he’s honored and humbled to be included among President Donald Trump’s potential nominees to the U.S. Supreme Court.
But he said he doesn’t want the job.
Instead, he’s written a book, “One Vote Away,” warning that our basic freedoms are in jeopardy if four liberal justices become five or even six in a Biden administration.
The book’s title refers to the current 5-4 conservative/liberal split on the court:
“If you care about free speech, if you care about religious liberty, if you care about any of our rights, then this book is designed to explain where they stand right now, and just how much jeopardy they’re in,” Cruz told “Sunday Morning Futures” with Maria Bartiromo.
He noted that on all those issues and more, “there’s a four-justice radical left majority on the court.”
“If Joe Biden wins, the odds are very high, depending on what appointments he gets, that that four votes will become five votes, and the Second Amendment will be erased from the Bill of Rights. That’s the stakes of this election. And it’s true on issue after issue.”


investmentwatchblog--2020-09-14--Wow Australia is going FULL COMMIE!

Wow Australia is going FULL COMMIE!

This is actually becoming quite disturbing now. t.co/x4anEsWBQ2 — Rohanct (@RohanCT) September 12, 2020
The new footage of the chap in Epping is even worse for the Police pic.twitter.com/kf3xD9lh3P — Rohanct (@RohanCT) September 14, 2020
Hey Melbourne, Next time you see left wing protestors blocking the main road at Flinders Street station and getting violent, remember this response. t.co/SLHGtb1FzH — 𝖲𝖼𝗈𝗍𝗍 𝖬𝖺𝗋𝗌𝗁𝖺𝗅𝗅 (@SCMarshall130) September 12, 2020
h/t Cartel
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investmentwatchblog--2020-09-14--A major American city may soon allow 16-year-olds to vote — and others could follow suit

San Francisco residents will cast ballots in November to determine not just who should be in the White House but also whether 16- and 17-year-olds should be allowed to vote in local elections .
A similar measure introduced in 2016 narrowly failed , with 48 percent of the vote , but local activists and organizers are confident that it will pass this time .
“ I really think that Vote 16 will help youth of color in San Francisco establish the habit of voting at an earlier age and really provide them with the support and the resources that they @ @ @ @ @ @ @ as they grow older , ” said Crystal Chan , 18 , an organizer for Vote 16 SF who fought to get the measure on the ballot .
If the proposition passes , San Francisco would become the first major American city to give 16- and 17-year-olds the right to vote in municipal elections .
But the question remains : What would be improved by lowering the voting age by two years ?
“ Research is clear on this , that voting is a habit .
And 16 is a better time than @ @ @ @ @ @ @ said Brandon Klugman , Vote 16 SF ’ s campaign manager .
“ Our motivation here first and foremost is to make sure that we put new voters in a position to establish that habit in the first election they ’ re eligible for and then to continue participating throughout their lives , which is good for democracy on every level .
”

San Francisco residents will cast ballots in November to determine not just who should be in the White House but also whether 16- and 17-year-olds should be allowed to vote in local elections.
A similar measure introduced in 2016 narrowly failed, with 48 percent of the vote, but local activists and organizers are confident that it will pass this time.
“I really think that Vote 16 will help youth of color in San Francisco establish the habit of voting at an earlier age and really provide them with the support and the resources that they need to continue building on that habit as they grow older,” said Crystal Chan, 18, an organizer for Vote 16 SF who fought to get the measure on the ballot.
If the proposition passes, San Francisco would become the first major American city to give 16- and 17-year-olds the right to vote in municipal elections. But the question remains: What would be improved by lowering the voting age by two years?
“Research is clear on this, that voting is a habit. And 16 is a better time than 18 to establish that habit,” said Brandon Klugman, Vote 16 SF’s campaign manager. “Our motivation here first and foremost is to make sure that we put new voters in a position to establish that habit in the first election they’re eligible for and then to continue participating throughout their lives, which is good for democracy on every level.”


investmentwatchblog--2020-09-14--More Coronavirus Lawsuits Have Been Filed Against Andrew Cuomo Than Any Other U.S. Governor, Complai

More Coronavirus Lawsuits Have Been Filed Against Andrew Cuomo Than Any Other U.S. Governor, Complaint Tracker Shows

Thousands of lawsuits have been filed in the U.S. since the start of the coronavirus pandemic as citizens , business @ @ @ @ @ more contested the legality of measures put in place to slow the spread of the @ @ @ @ @ became a popular magnet for legal challenges as local and state leaders began implementing stay-at-home @ @ @ @ @ , restricted businesses ’ indoor capacities and more during the spring .

www.newsweek.com/more-coronavirus-lawsuits-have-been-filed-against-andrew-cuomo-any-other-us-governor-complaint-1531436

Thousands of lawsuits have been filed in the U.S. since the start of the coronavirus pandemic as citizens, business owners, government officials and more contested the legality of measures put in place to slow the spread of the virus.
Government officials quickly became a popular magnet for legal challenges as local and state leaders began implementing stay-at-home orders, instituted mask mandates, restricted businesses’ indoor capacities and more during the spring.


investmentwatchblog--2020-09-14--More clown world: Seattle BLM takes over Trader Joe’s, protesting ‘lack of access to grocery stores’

Black Lives Matter activists occupied a Trader Joe ’ s in Seattle this week , claiming to be protesting “ @ @ @ @ @ stores ” and explaining to patrons “ how capitalism exploits the working class .
”

#BLM activists occupied a @traderjoes in Seattle, claiming to be protesting "lack of access to grocery stores." I still remember how a few years ago, race activists got a Trader Joes project canceled in Portland claiming it was evidence of gentrification. t.co/dPmpeXAuXY — Andy Ngô (@MrAndyNgo) September 13, 2020
Black Lives Matter activists occupied a Trader Joe’s in Seattle this week, claiming to be protesting “lack of access to grocery stores” and explaining to patrons “how capitalism exploits the working class.”
thepostmillennial.com/seattle-blm-takes-over-trader-joes-protesting-lack-of-access-to-grocery-stores
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HPM


investmentwatchblog--2020-09-14--The fires are being set by arsonists. Proof inside

Its very obvious this is not “ cLimAtE cHanGe ” and is being done by asshats setting shit on fire @ @ @ @ @ : Man seen starting fires at Oregon state park , fire chief says Is that @ @ @ @ @ was all compiled by some kind anon in this thread here This is NOT climate @ @ @ @ @ claiming .
Something very , very fishy is going on .
Disclaimer : This is @ @ @ @ @ doesn ’ t necessarily represent the views of IWB .

Its very obvious this is not “cLimAtE cHanGe” and is being done by asshats setting shit on fire.
Proof:
July 29, 2020 Glide, OR Jedidiah Fulton accused of starting wildfires
August 8, 2020 Placer City, CA Kevin Carle arrested for starting brush fire
August 12, 2020 Ukiah CA (HWY 101) Alberto Vincent accosted accused of setting 6 brush fires
August 19, 2020 Big Sur, CA Ivan Geronimo Gomez arrested for 2000 acre wildfire
August 20, 2020 Santa Paula, CA Guadalupe Molina-Pacheco arrested for starting wildfire
August 26, 2020 Pablo, Montana Julian Draper starts brush fire
August 26, 2020 Ellensburg, WA Demarcco Covey arrested for starting hay barn fire
August 30, 2020 Sonoma County, CA Wesley James Bergen starts grass fire on highway
September 2, 2020 Eugene Oregon Elias Pendergrass charged with arson
Sept. 7, 2020 Salinas, California: Anita Esquivel charged with arson
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September 7, 2020 Chico, California Vanya Hummel starts clothing donation trailer fire
September 8, 2020 Spokane, WA: Christine Comello charged with arson
September 9, 2020: Man seen starting fires at Oregon state park, fire chief says
September 10, 2020 Pallyup, WA Jeffrey Acorde (Antifa) charged with arson
September 10, 2020 Parkland, WA Unnamed man arrested for arson
September 11, 2020 Phoenix, OR: Michael Jarrod Bakkela charged with arson
September 11, 2020 Springfield, OR Jonathan Maas charged with arson
Is that enough for you? This was all compiled by some kind anon in this thread here
This is NOT climate change like the democrats are claiming. Something very, very fishy is going on.
h/t XYZFuckTheCCP
Disclaimer: This is a guest post and it doesn’t necessarily represent the views of IWB.


investmentwatchblog--2020-09-14--Visualizing the Richest Countries in the World in 2020

Ever wonder why a pint of beer costs a lot in some places , but next to nothing in other parts of the world ?
Part of the reason has to do with international currency exchange rates , but the biggest reason is that some places are just richer than others , as our latest visualization makes clear .
• There are four countries in the world with a GDP per capita over $ 100K : Qatar ( $ 138.9K ) , Macao ( $ 113.4K ) , Luxembourg ( $ 112K ) and Singapore ( $ 105.7K ) .
@ @ @ @ @ @ @ tend to have small population sizes .
For example in Asia , China , India and Japan don ’ t make it in the top 10 .
• The US is not even close to being the richest country on a GDP per capita basis .
Although the highest in the Americas at $ 67.4K , the US is only middle class across the entire world .
• Africa is extremely poor .
The richest two countries aren ’ t even on the physical continent , the Seychelles ( $ 33.1K ) and @ @ @ @ @ @ @ found our data from the International Monetary Fund ( IMF ) for 2020 .
GDP per capita measures the economic output of a given country adjusted for its population size .
This is a critical figure because highly populated countries , like China or India , can boast a high gross domestic product but still have hundreds of millions of impoverished citizens .
The IMF further adjusts its figures to achieve purchasing power parity , which levels the playing field between international currencies .
We combined each country ’ s flag with a @ @ @ @ @ @ @ s and have-not ’ s around the world .
Top 10 Richest Countries in the World – GDP Per Capita ( 2020 ) The countries with the highest per capita GDP , adjusted for purchasing parity , all tend to be relatively small city-states with international fame in specific industries .
The richest country in the world , Qatar ( $ 138.9K ) , is a tiny Middle Eastern country with an absolutely massive amount of oil .
Macao ( $ 113.4K ) is similarly a tiny autonomous region where Asia ’ s @ @ @ @ @ @ @ two countries to break $ 100K are likewise small countries , Luxembourg ( $ 112K ) and Singapore ( $ 105.7K ) .
The US is noticeably absent from the list of top 10 countries .
Whether or not you believe the US is the greatest country in the world , it is certainly not the wealthiest on a per capita basis .
Coming in at just $ 67.4K , the US ranks 12th behind places like Switzerland ( $ 67.6K ) and Kuwait ( $ 67.9K ) .
That being said , @ @ @ @ @ @ @ in the Americas , easily outranking Canada ( $ 52.1K ) .
The rest of the hemisphere falls somewhere well below $ 50K .
The final insight from our visualization is just how poor Africa is compared to the rest of the world .
Ranked dead last in almost every measure of wealth and living standards , there isn ’ t a single African country with more than $ 50K in per capita GDP .
In fact , the two highest ranking African countries , the Seychelles ( $ 33.1K ) and Mauritius @ @ @ @ @ @ @ t even on the physical continent .
The vast majority of Africa subsists on less than $ 10K in GDP per capita , several orders of magnitude less than any other developed economy in the world .
GDP per capita , adjusted for purchasing power , is a great way to compare the wealth between countries , however it doesn ’ t take into account wealth disparities inside each country .
The US for example has a GDP per capita of $ 67.4K , but this doesn ’ t mean the average person @ @ @ @ @ @ @ As of 2018 , the average wage in American was around $ 50,000 but the median was about $ 33,000 .
This suggests that a small number of wealthy people are driving up the overall figures .
How do you think the coronavirus will change the global economy ?
Let us know in the comments .

by howmuch
Ever wonder why a pint of beer costs a lot in some places, but next to nothing in other parts of the world? Part of the reason has to do with international currency exchange rates, but the biggest reason is that some places are just richer than others, as our latest visualization makes clear.
Buy this visualization
There are four countries in the world with a GDP per capita over $100K: Qatar ($138.9K), Macao ($113.4K), Luxembourg ($112K) and Singapore ($105.7K).
The richest countries in the world tend to have small population sizes. For example in Asia, China, India and Japan don’t make it in the top 10.
The US is not even close to being the richest country on a GDP per capita basis. Although the highest in the Americas at $67.4K, the US is only middle class across the entire world.
Africa is extremely poor. The richest two countries aren’t even on the physical continent, the Seychelles ($33.1K) and Mauritius ($26.5K).
We found our data from the International Monetary Fund (IMF) for 2020. GDP per capita measures the economic output of a given country adjusted for its population size. This is a critical figure because highly populated countries, like China or India, can boast a high gross domestic product but still have hundreds of millions of impoverished citizens. The IMF further adjusts its figures to achieve purchasing power parity, which levels the playing field between international currencies. We combined each country’s flag with a color-coded ranking to demonstrate the have’s and have-not’s around the world.
Top 10 Richest Countries in the World – GDP Per Capita (2020)
1. Qatar: $138.9K
2. Macao: $113.4K
3. Luxembourg: $112K
4. Singapore: $105.7K
5. Ireland: $87K
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6. Brunei Darussalam: $85K
7. Norway: $79.6K
8. UAE: $70.4K
9. Kuwait: $67.9K
10. Switzerland: $67.6K
The countries with the highest per capita GDP, adjusted for purchasing parity, all tend to be relatively small city-states with international fame in specific industries. The richest country in the world, Qatar ($138.9K), is a tiny Middle Eastern country with an absolutely massive amount of oil. Macao ($113.4K) is similarly a tiny autonomous region where Asia’s wealthy go to gamble. The other two countries to break $100K are likewise small countries, Luxembourg ($112K) and Singapore ($105.7K).
The US is noticeably absent from the list of top 10 countries. Whether or not you believe the US is the greatest country in the world, it is certainly not the wealthiest on a per capita basis. Coming in at just $67.4K, the US ranks 12th behind places like Switzerland ($67.6K) and Kuwait ($67.9K). That being said, the US is by far the richest in the Americas, easily outranking Canada ($52.1K). The rest of the hemisphere falls somewhere well below $50K.
The final insight from our visualization is just how poor Africa is compared to the rest of the world. Ranked dead last in almost every measure of wealth and living standards, there isn’t a single African country with more than $50K in per capita GDP. In fact, the two highest ranking African countries, the Seychelles ($33.1K) and Mauritius ($26.5K), aren’t even on the physical continent. The vast majority of Africa subsists on less than $10K in GDP per capita, several orders of magnitude less than any other developed economy in the world.
GDP per capita, adjusted for purchasing power, is a great way to compare the wealth between countries, however it doesn’t take into account wealth disparities inside each country. The US for example has a GDP per capita of $67.4K, but this doesn’t mean the average person contributes that much to the economy. As of 2018, the average wage in American was around $50,000 but the median was about $33,000. This suggests that a small number of wealthy people are driving up the overall figures.
How do you think the coronavirus will change the global economy? Let us know in the comments.
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investmentwatchblog--2020-09-14--Trading and Liquidity: Challenges and solutions

Author : Scott Purcell , the CEO and Chief Trust Officer of Prime Trust Ecosystems are made up of many different moving parts—whether we ’ re talking a biological ecosystem , or a financial one , each part has a role—and just as surely as those roles ensure longevity , they also evolve .
The financial tech sector has evolved many times over , from technology growth to legal policies , innovation drives business .
As trading and liquidity principles and practices progress , financial experts continue to find solutions to a variety of problems—like the lack of access for @ @ @ @ @ @ @ won ’ t hold private securities and the traditional public-markets settlement infrastructure doesn ’ t work for these transactions , Prime Trust and other technology-driven custodians are creating systems to allow smaller businesses and entrepreneurs to succeed .
Scott Purcell , the CEO and Chief Trust Officer of Prime Trust talks about the challenges and solutions for trading and liquidity now and in the future .
• Why is it important for businesses to be able to go or stay public ?
How does this specifically hurt entrepreneurs and/or small businesses ?
Regulations @ @ @ @ @ @ @ Sarbanes-Oxley and Dodd-Frank , make it practically impossible for businesses and real estate funds to go ( or remain ) public .
Additionally , regulations surrounding decimalization , research , and suitability have made it impractical for brokers to sell or make markets for small-cap stocks .
Thus the public markets are effectively closed to all but the very largest businesses ( to raise capital ) and their shareholders ( for liquidity ) .
Imagine taking delivery of the physical certificate for the Apple stock you own and then trying to sell it @ @ @ @ @ @ @ .
Traditional clearing brokers can ’ t ( or won ’ t ) custody private securities .
Their settlement systems aren ’ t built for these , the volumes aren ’ t high enough to interest them , and the regulatory and litigation risks are far too high given their required compliance with 15c3-1 , 15c3-3 , and other regulations .
Small business and small-cap stocks can ’ t succeed in this system .
• How do Alternative Trading Systems ( ATS ) solve problems of liquidity and access ?
Alternative Trading Systems @ @ @ @ @ @ @ and sell orders on a smaller scale .
They are not regulated as an exchange like the DOW or NASDAQ , but matches buy and sell orders with its subscribers .
Because ATS don ’ t set regulations or discipline practices like most national exchanges , they provide a needed alternative for liquidity for small-cap stocks and smaller investors .
Most ATS deals are registered as broker-dealers , not as an exchange .
By finding counterparties for these matches , it ’ s not just large businesses and institutions that have access to @ @ @ @ @ @ @ ATS accounted for 18 % of all stock exchanges since 2013 .
• What are the big tradability problems that have been created by previous regulations and now with current ATS regulations ?
Regulations hamstring small-cap public stocks by effectively depriving them of research , market-makers , and selling brokers .
Private securities are effectively more tradable thanks to new regulations issued pursuant to the JOBS Act but , thanks to regulations which focus on public securities but are nonetheless applied to clearing brokers , there just isn ’ t the clearing and @ @ @ @ @ @ @ in their quest to enable liquid markets for non-DTC eligible interests in small businesses and real estate projects .
Regulation D securities generally need to be held for a year before they can be traded , and kept to less than 2,000 shareholders of record ( and less than 500 non-accredited shareholders ) unless they register pursuant SEC Rule 12g .
Also , interests in Special Purpose Vehicle ’ s created pursuant to ’ 40 Act exemptions need to be kept to less than 100 beneficial owners .
These alternative exchanges also need @ @ @ @ @ @ @ original offering documents , histories of payments ( if any interest , royalties or other payments are part of the security ) , company financial disclosures ( usually unaudited ) , and third-party research , if any , so investors have at least some data .
An ATS will need to get their arms around all of these issues moving forward .
• Where does Prime Trust come in ?
Fortunately , the FinTech ecosystem is starting to evolve .
Even though clearing brokers generally won ’ t hold private securities and even @ @ @ @ @ @ @ ’ t work for these transactions , Prime Trust and other technology-driven custodians are creating systems to accomplish these things .
This solves the issues of custody , settlement , good-delivery and 12g regulations .
And it ’ s working , as evidenced by something that didn ’ t exist a year ago : our settlement platform “ PrimeX.
” PrimeX executed 600,000 counterparty transactions in Q1 of this year , which even though mostly cash and cryptocurrency , the platform is asset-agnostic and so will settle transactions of private business and real @ @ @ @ @ @ @ way .
With the SEC and FINRA becoming more comfortable with trust and custody solutions ( noncustodial broker-dealer models ) for private securities , trust companies like Prime Trust will play a pivotal role in the growth of ATS and creation of efficient and orderly secondary markets .
• What are the biggest opportunities right now for businesses and executives to get into this system for this future state ?
What ’ s on the horizon ?
This movement and evolution are largely formative at the moment .
The ATS applications are still @ @ @ @ @ @ @ getting their arms around how this world will take shape , and the brokers , issuers , trust companies , transfer agents , and other market participants are still defining how this system will come together .
The opportunity right now is to be one of the first-movers and help define the next generation of capital markets .
It will be a long and expansive effort that requires time , patience , and capital .
Over the next couple of years , we will see a slow growth in liquidity and trading of @ @ @ @ @ @ @ .
Eventually it will catch on , the buy-side will emerge and things will accelerate .
Scott Purcell is the CEO and Chief Trust Officer of Prime Trust , an innovative API-enabled B2B open-banking financial solutions provider .
His firm provides custody , trustee , escrow , AML , KYC , payment processing , accounting , and compliance for numerous OTC desks , exchanges , stable coins , platforms , broker-dealers , investment advisers , portals and others who are building businesses that are changing the world .
Before forming Prime Trust , @ @ @ @ @ @ @ technology firm providing software and back-office services to banks , trust companies , broker-dealers , investment advisers , securities exchanges , SEC-registered transfer agents , and large issuers ( primarily real estate companies ) .
He is a founding Board member of the Crowdfunding Intermediary Regulatory Association ( CFIRA ) , the “ Industry Best Practices for Funding Portals ” and “ BD and Registered Portal Regulatory Mechanics.
” He also started a fixed income trading firm , a clearing broker for institutional investors and published the book “ The Guide to Fixed @ @ @ @ @ @ @ Epoch Networks , one of the world ’ s first internet service providers and , as a Board member of the Commercial Internet eXchange , often represented the nascent industry before Congress and the FCC .
In 1999 he founded OnAir Networks and built the first music storage and streaming services for Sony and Universal .
During this time , the Recording Industry Association of America retained him to advise them on internet technology issues and copyright matters and to represent the recording industry before Congress as their technical advocate for intellectual property @ @ @ @ @ @ @ not necessarily represent the views of IWB .

Author: Scott Purcell, the CEO and Chief Trust Officer of Prime Trust
Ecosystems are made up of many different moving parts—whether we’re talking a biological ecosystem, or a financial one, each part has a role—and just as surely as those roles ensure longevity, they also evolve. The financial tech sector has evolved many times over, from technology growth to legal policies, innovation drives business.
As trading and liquidity principles and practices progress, financial experts continue to find solutions to a variety of problems—like the lack of access for small-cap trading. Even though clearing brokers won’t hold private securities and the traditional public-markets settlement infrastructure doesn’t work for these transactions, Prime Trust and other technology-driven custodians are creating systems to allow smaller businesses and entrepreneurs to succeed.
Scott Purcell, the CEO and Chief Trust Officer of Prime Trust talks about the challenges and solutions for trading and liquidity now and in the future.
Why is it important for businesses to be able to go or stay public? How does this specifically hurt entrepreneurs and/or small businesses?
Regulations, including but certainly not limited to Sarbanes-Oxley and Dodd-Frank, make it practically impossible for businesses and real estate funds to go (or remain) public. Additionally, regulations surrounding decimalization, research, and suitability have made it impractical for brokers to sell or make markets for small-cap stocks. Thus the public markets are effectively closed to all but the very largest businesses (to raise capital) and their shareholders (for liquidity).
Imagine taking delivery of the physical certificate for the Apple stock you own and then trying to sell it on NASDAQ. You couldn’t. Traditional clearing brokers can’t (or won’t) custody private securities. Their settlement systems aren’t built for these, the volumes aren’t high enough to interest them, and the regulatory and litigation risks are far too high given their required compliance with 15c3-1, 15c3-3, and other regulations. Small business and small-cap stocks can’t succeed in this system.
How do Alternative Trading Systems (ATS) solve problems of liquidity and access?
Alternative Trading Systems provide subscribers the ability to match buy and sell orders on a smaller scale. They are not regulated as an exchange like the DOW or NASDAQ, but matches buy and sell orders with its subscribers. Because ATS don’t set regulations or discipline practices like most national exchanges, they provide a needed alternative for liquidity for small-cap stocks and smaller investors. Most ATS deals are registered as broker-dealers, not as an exchange. By finding counterparties for these matches, it’s not just large businesses and institutions that have access to liquid capital. As of 2015, ATS accounted for 18% of all stock exchanges since 2013.
What are the big tradability problems that have been created by previous regulations and now with current ATS regulations?
Regulations hamstring small-cap public stocks by effectively depriving them of research, market-makers, and selling brokers. Private securities are effectively more tradable thanks to new regulations issued pursuant to the JOBS Act but, thanks to regulations which focus on public securities but are nonetheless applied to clearing brokers, there just isn’t the clearing and settlement infrastructure to support the ATS’ in their quest to enable liquid markets for non-DTC eligible interests in small businesses and real estate projects.
We are primarily funded by readers. Please subscribe and donate to support us!
Regulation D securities generally need to be held for a year before they can be traded, and kept to less than 2,000 shareholders of record (and less than 500 non-accredited shareholders) unless they register pursuant SEC Rule 12g. Also, interests in Special Purpose Vehicle’s created pursuant to ’40 Act exemptions need to be kept to less than 100 beneficial owners. These alternative exchanges also need to build in the databases to include original offering documents, histories of payments (if any interest, royalties or other payments are part of the security), company financial disclosures (usually unaudited), and third-party research, if any, so investors have at least some data. An ATS will need to get their arms around all of these issues moving forward.
Where does Prime Trust come in?
Fortunately, the FinTech ecosystem is starting to evolve. Even though clearing brokers generally won’t hold private securities and even though the traditional public-markets settlement infrastructure doesn’t work for these transactions, Prime Trust and other technology-driven custodians are creating systems to accomplish these things. This solves the issues of custody, settlement, good-delivery and 12g regulations. And it’s working, as evidenced by something that didn’t exist a year ago: our settlement platform “PrimeX.” PrimeX executed 600,000 counterparty transactions in Q1 of this year, which even though mostly cash and cryptocurrency, the platform is asset-agnostic and so will settle transactions of private business and real estate interests securely and in a frictionless way. With the SEC and FINRA becoming more comfortable with trust and custody solutions (noncustodial broker-dealer models) for private securities, trust companies like Prime Trust will play a pivotal role in the growth of ATS and creation of efficient and orderly secondary markets.
What are the biggest opportunities right now for businesses and executives to get into this system for this future state? What’s on the horizon?
This movement and evolution are largely formative at the moment. The ATS applications are still in process, the SEC is still getting their arms around how this world will take shape, and the brokers, issuers, trust companies, transfer agents, and other market participants are still defining how this system will come together. The opportunity right now is to be one of the first-movers and help define the next generation of capital markets. It will be a long and expansive effort that requires time, patience, and capital. Over the next couple of years, we will see a slow growth in liquidity and trading of private securities of businesses and real estate. Eventually it will catch on, the buy-side will emerge and things will accelerate.
***
About Scott Purcell
Scott Purcell is the CEO and Chief Trust Officer of Prime Trust, an innovative API-enabled B2B open-banking financial solutions provider. His firm provides custody, trustee, escrow, AML, KYC, payment processing, accounting, and compliance for numerous OTC desks, exchanges, stable coins, platforms, broker-dealers, investment advisers, portals and others who are building businesses that are changing the world. Before forming Prime Trust, Mr. Purcell founded FundAmerica, a financial technology firm providing software and back-office services to banks, trust companies, broker-dealers, investment advisers, securities exchanges, SEC-registered transfer agents, and large issuers (primarily real estate companies). He is a founding Board member of the Crowdfunding Intermediary Regulatory Association (CFIRA), the “Industry Best Practices for Funding Portals” and “BD and Registered Portal Regulatory Mechanics.” He also started a fixed income trading firm, a clearing broker for institutional investors and published the book “The Guide to Fixed Income Investing.”
In 1994 he founded Epoch Networks, one of the world’s first internet service providers and, as a Board member of the Commercial Internet eXchange, often represented the nascent industry before Congress and the FCC. In 1999 he founded OnAir Networks and built the first music storage and streaming services for Sony and Universal. During this time, the Recording Industry Association of America retained him to advise them on internet technology issues and copyright matters and to represent the recording industry before Congress as their technical advocate for intellectual property rights.
Disclaimer: This content does not necessarily represent the views of IWB.


investmentwatchblog--2020-09-14--A Coup in the Making! (Amazing Polly – MUST SEE Video!)

If you guys don ’ t have time to watch the full video , start at the 21 minute mark @ @ @ @ @ Richard H. Black ( USA Ret . )
, Former head of the Army ’ @ @ @ @ @ the Pentagon ; Former State Senator of Virginia .

If you guys don’t have time to watch the full video, start at the 21 minute mark and watch the statement Col. Richard H. Black (USA Ret.), Former head of the Army’s Criminal Law Division at the Pentagon; Former State Senator of Virginia.
MIND BLOWING!
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h/t Watcher


investmentwatchblog--2020-09-14--You have to be the biggest MORON to vote for the Democrats this November.

Look at what is happening in the Democrat governed cities .
Thousands of people from blue states are literally fleeing to red states daily .
The Atlantic – Law-and Order Republican better vote for Biden or cities will be destroyed These morons are really trying to sell this shit ?
That Dems are such children they won ’ t be able to process a Trump win so Republicans should just give them what they want to stop the crying ?
The Democrats May Not Be Able to Concede If Trump wins , especially after losing the popular vote , the @ @ @ @ @ @ @ This is the era of expecting the worst while hoping for the merely tolerable .
Some might say that the worst is already happening—economic disaster and 190,000 dead from a pandemic—while the president and his surrogates insist , in a feat of self-delusion , that the “ best is yet to come.
” As someone who has argued against catastrophism—I don ’ t believe Donald Trump is a fascist or a dictator in the making , and I don ’ t believe America is a failed state—I find myself truly worried about only @ @ @ @ @ @ @ reelection and Democrats and others on the left will be unwilling , even unable , to accept the result .
A loss by Joe Biden under these circumstances is the worst case not because Trump will destroy America ( he can ’ t ) , but because it is the outcome most likely to undermine faith in democracy , resulting in more of the social unrest and street battles that cities including Portland , Oregon , and Seattle have seen in recent months .
For this reason , strictly law-and-order Republicans who have @ @ @ @ @ @ @ and looting have an interest in Biden winning—even if they could never bring themselves to vote for him .
In presidential elections , once is a fluke ; twice is a pattern .
I struggle to imagine how , beyond utter shock , millions of Democrats will process a Trump victory .
A loss for Biden , after having been the clear favorite all summer , would provoke mass disillusion with electoral politics as a means of change—at a time when disillusion is already dangerously high .
If Democrats can ’ t beat @ @ @ @ @ @ @ a devastating pandemic and a massive economic contraction , then are they even capable of winning presidential elections anymore ?
Democracy , after all , is supposed to self-correct after mistakes , particularly mistakes as egregious as electing Donald Trump—whose unfitness for the nation ’ s highest office makes itself apparent with almost every passing day .

Look at what is happening in the Democrat governed cities. Thousands of people from blue states are literally fleeing to red states daily.
The Atlantic – Law-and Order Republican better vote for Biden or cities will be destroyed
These morons are really trying to sell this shit? That Dems are such children they won’t be able to process a Trump win so Republicans should just give them what they want to stop the crying?
The Democrats May Not Be Able to Concede
If Trump wins, especially after losing the popular vote, the left may draw the wrong conclusions.
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This is the era of expecting the worst while hoping for the merely tolerable. Some might say that the worst is already happening—economic disaster and 190,000 dead from a pandemic—while the president and his surrogates insist, in a feat of self-delusion, that the “best is yet to come.” As someone who has argued against catastrophism—I don’t believe Donald Trump is a fascist or a dictator in the making, and I don’t believe America is a failed state—I find myself truly worried about only one scenario: that Trump will win reelection and Democrats and others on the left will be unwilling, even unable, to accept the result.
A loss by Joe Biden under these circumstances is the worst case not because Trump will destroy America (he can’t), but because it is the outcome most likely to undermine faith in democracy, resulting in more of the social unrest and street battles that cities including Portland, Oregon, and Seattle have seen in recent months. For this reason, strictly law-and-order Republicans who have responded in dismay to scenes of rioting and looting have an interest in Biden winning—even if they could never bring themselves to vote for him.
In presidential elections, once is a fluke; twice is a pattern. I struggle to imagine how, beyond utter shock, millions of Democrats will process a Trump victory. A loss for Biden, after having been the clear favorite all summer, would provoke mass disillusion with electoral politics as a means of change—at a time when disillusion is already dangerously high. If Democrats can’t beat a candidate as unpopular as Trump during a devastating pandemic and a massive economic contraction, then are they even capable of winning presidential elections anymore? Democracy, after all, is supposed to self-correct after mistakes, particularly mistakes as egregious as electing Donald Trump—whose unfitness for the nation’s highest office makes itself apparent with almost every passing day.
…
…
Protesters are chanting “WE HOPE THEY DIE” & blocking emergency room entrance as 2 Los Angeles cops are fighting for their lives following ambush in Compton. — Breaking911 (@Breaking911) September 13, 2020
BREAKING: 2 deputies who were ambushed and shot in head last night in Compton, #California—out of surgery and expected to survive. — SV News 🚨 (@SVNewsAlerts) September 13, 2020


investmentwatchblog--2020-09-14--Jim Willie: $15,000 Gold, $700 Silver And A Debt Jubilee!

Jim Willie of Golden-Jackass interviewed by Half Dollar of Silver Doctors Welcome back to Part II of this important Jim @ @ @ @ @ II , Jim and Half Dollar take a deep dive into the Gold & Silver @ @ @ @ @ of all the institutional investing taking place right now .
Some of the topics in @ @ @ @ @ is Jim seeing in the Gold & Silver markets right now ?
The big players @ @ @ @ @ they want a ten-fold increase in the gold price ?
Will we even make it @ @ @ @ @ , and what is President Trump doing to take out the bad guys ?
For @ @ @ @ @ topics and more , tune-in to the interview in its entirety .

Jim Willie of Golden-Jackass interviewed by Half Dollar of Silver Doctors
Welcome back to Part II of this important Jim Willie interview.
In Part II, Jim and Half Dollar take a deep dive into the Gold & Silver markets, especially in light of all the institutional investing taking place right now.
Some of the topics in Part II include –
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What is Jim seeing in the Gold & Silver markets right now?
The big players in Basel have signaled that they want a ten-fold increase in the gold price?
Will we even make it through the end of November, and what is President Trump doing to take out the bad guys?
For discussion on all of those topics and more, tune-in to the interview in its entirety.


investmentwatchblog--2020-09-14--The Feeble Fed And Crashing Mortgage Credit Availability (Mortgage Rates Declined 38% YoY While Mort

The Feeble Fed And Crashing Mortgage Credit Availability (Mortgage Rates Declined 38% YoY While Mortgage Credit Availability Declined 34% YoY)

The Federal Reserve has helped 30-year mortgage rates fall by 38 % YoY .
That is the good news !
@ @ @ @ @ mortgage credit availability has declined 34 % YoY .
Here is Fed Chair Jerome Powell @ @ @ @ @ went up the water spout ” when asked about this chart .

by confoundedinterest17
The Federal Reserve has helped 30-year mortgage rates fall by 38% YoY. That is the good news!
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The BAD news is that mortgage credit availability has declined 34% YoY.
Here is Fed Chair Jerome Powell singing “The Itsy-bitsy spider went up the water spout” when asked about this chart.


investmentwatchblog--2020-09-14--Israel goes full lockdown for 3 weeks

Israel goes full lockdown for 3 weeks

Get ready !
Most of the planet will face a 2nd round of lockdowns .
Maybe this is the plan @ @ @ @ @ Tel Aviv is poised to declare the whole country a “ red zone ” due @ @ @ @ @ cases , limiting people ’ s movements to a 500-meter radius from home and closing @ @ @ @ @ customers in person .
The sweeping lockdown is set to take effect on September 18 @ @ @ @ @ , multiple Israeli media reported on Saturday .
The Israeli cabinet is expected to approve @ @ @ @ @ the movement of people as well as on commerce as soon as on Sunday morning @ @ @ @

Get ready! Most of the planet will face a 2nd round of lockdowns. Maybe this is the plan to bring complete chaos.
Israel to enter full-blown lockdown, shut schools & close most non-essential businesses starting September 18 – report
13 Sep, 2020 00:20 / Updated 1 hour ago
Tel Aviv is poised to declare the whole country a “red zone” due to a spike in Covid-19 cases, limiting people’s movements to a 500-meter radius from home and closing all non-essential businesses that serve customers in person.
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The sweeping lockdown is set to take effect on September 18 at 6 a.m. local time, multiple Israeli media reported on Saturday. The Israeli cabinet is expected to approve the new stringent restrictions on the movement of people as well as on commerce as soon as on Sunday morning, Haaretz reported.
www.rt.com/news/500576-netanyahu-coronavirus-lockdown-protests/


investmentwatchblog--2020-09-14--BUSTED! Biden Press Secretary Deflects – Won’t Answer if Joe Biden Is Using TelePrompter or Not!

Jim Hoft from the Gateway Pundit reports , They can ’ t answer because everyone knows it ’ s true @ @ @ @ @ such a depleted mental state that his campaign is loading questions and answers on his @ @ @ @ @ liberal media reporters .

Jim Hoft from the Gateway Pundit reports, They can’t answer because everyone knows it’s true! Joe Biden is in such a depleted mental state that his campaign is loading questions and answers on his TelePrompter during his interviews with liberal media reporters.
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Read More/Source/Credit/FairUse:
www.thegatewaypundit.com/2020…


investmentwatchblog--2020-09-14--MASSIVE Protest Unfolds In Connecticut Over Decision To Cancel High School Football

Allan Miller from 100 % Fed Up reports , People in Connecticut are furious with the decision to cancel high @ @ @ @ @ video tweeted late Wednesday by Dave Briggs , parents , players and coaches in the @ @ @ @ @ to cancel the 2020 football season and chanting “ Let us play ” at the @ @ @ @ @

Allan Miller from 100% Fed Up reports, People in Connecticut are furious with the decision to cancel high school football. In a video tweeted late Wednesday by Dave Briggs, parents, players and coaches in the state were protesting the decision to cancel the 2020 football season and chanting “Let us play” at the state capitol in Hartford.
We are primarily funded by readers. Please subscribe and donate to support us!
Read More/Source/Credit/FairUse:
100percentfedup.com/must-watc…


investmentwatchblog--2020-09-14--Why the Global Economy CAN’T Recover! More Job Cuts, Recession, and Rapidly Growing Debt

This is the global economic rot .
A world in which most can not escape .
There has been an @ @ @ @ @ system from the Repo actions of the Fed , the excessive money printing , and @ @ @ @ @ we watch as governments go further and further into debt to try and fill the @ @ @ @ @ .
Sadly , this is all just a cover for a massive transfer of wealth @ @ @ @ @ elite .
The average credit card interest rate by credit score and card – Business @ @ @ @ @ as Stocks Fall for Second Week – WSJ The Big Corporate Rescue and the America @ @ @ @ @ to Save GameStop Will Close at Least 400 Stores This Year | Game Rant Delta @ @ @ @ @ pilots in October , according to internal memo Ford wants to cut 1,400 jobs through @ @ @ @ @ know

This is the global economic rot. A world in which most cannot escape. There has been an attempted rescue of the financial system from the Repo actions of the Fed, the excessive money printing, and on the economic side, we watch as governments go further and further into debt to try and fill the holes in this proverbial boat. Sadly, this is all just a cover for a massive transfer of wealth and control to the globalist elite.
US, China, India, Europe can’t save global economy from recession – Business Insider
www.businessinsider.com/us-china-india-europe-cant-save-global-economy-from-recession-2020-9
The coming wave of defaults | TheHill
thehill.com/opinion/finance/516032-the-coming-wave-of-defaults
Automotive’s new reality: Fewer trips, fewer miles, fewer cars?
advisory.kpmg.us/content/dam/advisory/en/pdfs/2020/automotives-new-reality.pdf
The average credit card interest rate by credit score and card – Business Insider
www.businessinsider.com/personal-finance/average-credit-card-interest-rate
Capital One Cuts Card Limits Amid U.S. Jobless-Aid Impasse – Bloomberg
www.bloomberg.com/news/articles/2020-08-28/capital-one-cuts-card-limits-amid-u-s-impasse-on-jobless-aid?srnd=premium
Tech Shares Roil Market as Stocks Fall for Second Week – WSJ
www.wsj.com/articles/global-stock-markets-dow-update-09-11-2020–11599816452
relative correction.jpg (728×486)
www.zerohedge.com/s3/files/inline-images/relative%20correction.jpg?itok=uYR6lu_S
About derivatives statistics
www.bis.org/statistics/about_derivatives_stats.htm
The Big Corporate Rescue and the America That’s Too Small to Save
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features.propublica.org/cleveland-bailout/the-big-corporate-rescue-and-the-america-thats-too-small-to-save/
Department Store Century 21 Files Bankruptcy, Will Shut Down – Bloomberg
www.bloomberg.com/news/articles/2020-09-10/department-store-century-21-files-for-bankruptcy-will-shut-down
Las Vegas Monorail Company files for Chapter 11 bankruptcy | Las Vegas Local Breaking News, Headlines | fox5vegas.com
www.fox5vegas.com/news/las-vegas-monorail-company-files-for-chapter-11-bankruptcy/article_52779f30-f16a-11ea-a152-b775b37abcaf.html
GameStop Will Close at Least 400 Stores This Year | Game Rant
gamerant.com/gamestop-store-close-400/
Delta Air Lines to furlough 1,941 pilots in October, according to internal memo
www.fox29.com/news/delta-air-lines-to-furlough-1941-pilots-in-october-according-to-internal-memo
Singapore Air Cuts 20% of Workforce as Virus Smashes Travel – Bloomberg
www.bloomberg.com/news/articles/2020-09-10/singapore-airlines-plans-to-slash-a-quarter-of-workforce
Ford wants to cut 1,400 jobs through voluntary retirement: What we know
www.freep.com/story/money/cars/ford/2020/09/02/ford-jobs-retirement-program-workers/5689608002/
Amtrak tells employees it will furlough 1,950 workers | Trains Magazine
trn.trains.com/news/news-wire/2020/09/01-amtrak-tells-employees-it-will-furlough-1950-workers
Retail Store Databank | Coresight Research
coresight.com/retail-store-tracker/


investmentwatchblog--2020-09-14--C-D-C Secret! Virologist To Publish Bombshell About COVID! Fauci Demands Full Lock Down Into 2021!

For Links Referenced IN Video See : bit.ly/2ZtysZx

For Links Referenced IN Video See: bit.ly/2ZtysZx
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investmentwatchblog--2020-09-15--America 1950 vs. America 2020

America 1950 vs. America 2020

If you could go back to 1950 , would you do it ?
There would be no Internet , no cellphones and you would only be able to watch television in black and white .
But even though they lacked many of our modern conveniences , people genuinely seemed to be much happier back then .
Families actually ate dinner together , neighbors knew and cared about one another , and being an “ American ” truly meant something .
Today , we like to think that we are so much more “ advanced ” than they were back then @ @ @ @ @ @ @ society is in the process of falling apart all around us .
Could it be possible that we could learn some important lessons by looking back at how Americans lived 70 years ago ?
Of course there has never been any era in our history when everything has been perfect .
But without a doubt , things are vastly different today than they were back in 1950… In 1950 , Texaco Star Theatre , The Lone Ranger and Hopalong Cassidy were some of the most popular shows that Americans watched on television .
@ @ @ @ @ @ @ “ Cuties ” is so trashy and so disgusting that four states have sent a letter to Netflix asking for it to be removed because it is “ fodder for those with criminal imaginations , serving to normalize the view that children are sexual beings.
” In 1950 , television networks would not even show husbands and wives in bed together .
In 2020 , “ adult websites ” get more traffic than Netflix , Amazon and Twitter combined .
In 1950 , people would greet one another as they walked down the @ @ @ @ @ @ @ too enamored with their cellphones to be bothered with actual human contact .
In 1950 , gum chewing and talking in class were some of the major disciplinary problems in our schools .
In 2020 , kids are literally gunning down police officers in the streets .
In 1950 , people would make an effort to dress up and look nice when they would go out in public .
In 2020 , most of the population has become utter slobs and “ People of Walmart ” has become one of our most popular @ @ @ @ @ @ @ woman got married for the first time at age 20 and the typical man got married for the first time at age 22 .
In 2020 , the typical woman gets married for the first time at age 27 and the typical man gets married for the first time at age 29 .
In 1950 , a lot of people would leave their homes and their vehicles unlocked because crime rates were so low .
In 2020 , many that live in urban areas are deathly afraid of all the civil unrest that @ @ @ @ @ @ @ soared to all-time record highs .
In 1950 , Americans actually attempted to parent their children .
In 2020 , we pump our kids full of mind-altering drugs and we let our televisions and our video games raise our children .
In 1950 , Baltimore was one of the most beautiful and most prosperous cities on the entire planet .
In 2020 , Baltimore regularly makes headlines because of all the murders that are constantly occurring .
Of course the exact same thing could be said about many of our other major cities @ @ @ @ @ @ @ all households in America contained a married couple .
In 2020 , that figure has fallen below 50 percent .
In 1950 , about 5 percent of all babies in the United States were born to unmarried parents .
In 2020 , about 40 percent of all babies in the United States will be born to unmarried parents .
In 1950 , new churches were regularly being opened all over the United States .
In 2020 , it is being projected that 1 out of every 5 churches in the U.S. “ could @ @ @ @ @ @ @ the next 18 months ” , and the mayor of Lubbock , Texas just said that opening a new Planned Parenthood clinic is like starting a church .
In 1950 , we actually had high standards for our elected officials , and people actually did research on the candidates before they cast their votes .
In 2020 , more than 4,000 people in one county in New Hampshire voted for a “ transsexual Satanic anarchist ” in the Republican primary , and she is now the Republican nominee for sheriff in Cheshire County @ @ @ @ @ @ @ outside and play when they got home from school .
In 2020 , our parks and our playgrounds are virtually empty and we have the highest childhood obesity rate in the industrialized world .
In 1950 , front porches were community gathering areas , and people would regularly have their neighbors over for dinner .
In 2020 , many of us don ’ t know our neighbors at all , and the average American watches more than five hours of television a day .
In 1950 , Americans used words such as “ @ @ @ @ @ @ @ “ jalopy ” .
In 2020 , new terms such as “ nomophobia ” , “ peoplekind ” and “ social distancing ” have been introduced into the English language .
In 1950 , the very first credit card was issued in the United States .
In 2020 , Americans owe more than 930 billion dollars on their credit cards .
In 1950 , one income could support an entire middle class household .
In 2020 , tens of millions of Americans have lost their jobs and filed for unemployment , and more @ @ @ @ @ @ @ of our largest cities are currently facing “ serious financial problems ” .
In 1950 , the American people believed that the free market should govern the economy .
In 2020 , most Americans seem to believe that the government in Washington and the Federal Reserve must endlessly “ manage ” the economy .
In 1950 , “ socialists ” and “ communists ” were considered to be our greatest national enemies .
In 2020 , most of our politicians in Washington have eagerly embraced socialist and communist policy goals .
In 1950 @ @ @ @ @ @ @ and highly revered .
In 2020 , anyone that actually admits to being a “ constitutionalist ” is considered to be a potential domestic terrorist .
In 1950 , the United States loaned more money to the rest of the world than anybody else .
In 2020 , the United States owes more money to the rest of the world than anybody else .
In 1950 , the total U.S. national debt reached the 257 billion dollar mark for the first time in our history .
In 2020 , we added 864 billion @ @ @ @ @ @ @ month of June alone .
In other words , we added over three times more to the national debt in that one month than the total amount of debt that had been accumulated from the founding of our nation all the way to 1950 .
In 1950 , most Americans were generally happy with their lives .
In 2020 , the suicide rate is at an all-time record high , and it has been rising every single year since 2007 .

by Michael Snyder
If you could go back to 1950, would you do it? There would be no Internet, no cellphones and you would only be able to watch television in black and white. But even though they lacked many of our modern conveniences, people genuinely seemed to be much happier back then. Families actually ate dinner together, neighbors knew and cared about one another, and being an “American” truly meant something. Today, we like to think that we are so much more “advanced” than they were back then, but the truth is that our society is in the process of falling apart all around us. Could it be possible that we could learn some important lessons by looking back at how Americans lived 70 years ago?
Of course there has never been any era in our history when everything has been perfect. But without a doubt, things are vastly different today than they were back in 1950…
In 1950, Texaco Star Theatre, The Lone Ranger and Hopalong Cassidy were some of the most popular shows that Americans watched on television.
In 2020, a Netflix film entitled “Cuties” is so trashy and so disgusting that four states have sent a letter to Netflix asking for it to be removed because it is “fodder for those with criminal imaginations, serving to normalize the view that children are sexual beings.”
In 1950, television networks would not even show husbands and wives in bed together.
In 2020, “adult websites” get more traffic than Netflix, Amazon and Twitter combined.
In 1950, people would greet one another as they walked down the street.
In 2020, Americans are too enamored with their cellphones to be bothered with actual human contact.
In 1950, gum chewing and talking in class were some of the major disciplinary problems in our schools.
In 2020, kids are literally gunning down police officers in the streets.
In 1950, people would make an effort to dress up and look nice when they would go out in public.
In 2020, most of the population has become utter slobs and “People of Walmart” has become one of our most popular memes.
In 1950, the typical woman got married for the first time at age 20 and the typical man got married for the first time at age 22.
In 2020, the typical woman gets married for the first time at age 27 and the typical man gets married for the first time at age 29.
In 1950, a lot of people would leave their homes and their vehicles unlocked because crime rates were so low.
In 2020, many that live in urban areas are deathly afraid of all the civil unrest that has erupted, and gun sales have soared to all-time record highs.
In 1950, Americans actually attempted to parent their children.
In 2020, we pump our kids full of mind-altering drugs and we let our televisions and our video games raise our children.
In 1950, Baltimore was one of the most beautiful and most prosperous cities on the entire planet.
In 2020, Baltimore regularly makes headlines because of all the murders that are constantly occurring. Of course the exact same thing could be said about many of our other major cities.
In 1950, 78 percent of all households in America contained a married couple.
In 2020, that figure has fallen below 50 percent.
In 1950, about 5 percent of all babies in the United States were born to unmarried parents.
In 2020, about 40 percent of all babies in the United States will be born to unmarried parents.
In 1950, new churches were regularly being opened all over the United States.
We are primarily funded by readers. Please subscribe and donate to support us!
In 2020, it is being projected that 1 out of every 5 churches in the U.S. “could be forced to shut their doors in the next 18 months”, and the mayor of Lubbock, Texas just said that opening a new Planned Parenthood clinic is like starting a church.
In 1950, we actually had high standards for our elected officials, and people actually did research on the candidates before they cast their votes.
In 2020, more than 4,000 people in one county in New Hampshire voted for a “transsexual Satanic anarchist” in the Republican primary, and she is now the Republican nominee for sheriff in Cheshire County.
In 1950, children would go outside and play when they got home from school.
In 2020, our parks and our playgrounds are virtually empty and we have the highest childhood obesity rate in the industrialized world.
In 1950, front porches were community gathering areas, and people would regularly have their neighbors over for dinner.
In 2020, many of us don’t know our neighbors at all, and the average American watches more than five hours of television a day.
In 1950, Americans used words such as “knucklehead”, “moxie” and “jalopy”.
In 2020, new terms such as “nomophobia”, “peoplekind” and “social distancing” have been introduced into the English language.
In 1950, the very first credit card was issued in the United States.
In 2020, Americans owe more than 930 billion dollars on their credit cards.
In 1950, one income could support an entire middle class household.
In 2020, tens of millions of Americans have lost their jobs and filed for unemployment, and more than half of all households in some of our largest cities are currently facing “serious financial problems”.
In 1950, the American people believed that the free market should govern the economy.
In 2020, most Americans seem to believe that the government in Washington and the Federal Reserve must endlessly “manage” the economy.
In 1950, “socialists” and “communists” were considered to be our greatest national enemies.
In 2020, most of our politicians in Washington have eagerly embraced socialist and communist policy goals.
In 1950, the U.S. Constitution was deeply loved and highly revered.
In 2020, anyone that actually admits to being a “constitutionalist” is considered to be a potential domestic terrorist.
In 1950, the United States loaned more money to the rest of the world than anybody else.
In 2020, the United States owes more money to the rest of the world than anybody else.
In 1950, the total U.S. national debt reached the 257 billion dollar mark for the first time in our history.
In 2020, we added 864 billion dollars to the national debt in the month of June alone. In other words, we added over three times more to the national debt in that one month than the total amount of debt that had been accumulated from the founding of our nation all the way to 1950.
In 1950, most Americans were generally happy with their lives.
In 2020, the suicide rate is at an all-time record high, and it has been rising every single year since 2007.


investmentwatchblog--2020-09-15--Isn’t It Obvious We Need a New System?

Isn’t It Obvious We Need a New System?

Why do we tolerate such a corrupt , undemocratic , exploitive , elite-dominated system ?
Because we have no other choice ?
No , we do have a choice .
Isn ’ t it obvious that we need an alternative economic system that isn ’ t controlled by corporations , the government and the central bank for the exclusive benefit of insiders and elites ?
Isn ’ t it obvious that the current system has failed the majority of participants , and hence the ubiquitous sensations of : 1 ) being ignored by the insiders / elites who run the @ @ @ @ @ @ @ ) being trapped in an economy that ’ s been stripped of social / upward mobility 3 ) being stripmined / exploited by domestic and globalized elites 4 ) disgust / frustration with the self-enriching political class that serves corporate/elite/insider interests above all else .
My 50 years of work have given me a ringside seat in how the economy has changed from inclusive to extractive .
My jobs have ranged from agricultural field worker to running my own yard service to hospitality to construction to print media ( free-lancer ) to financial @ @ @ @ @ @ @ education to political rabble-rousing ( unpaid ) and my current profession as marginalized , misfit author-blogger ( my specialty appears to be getting shadow-banned by Big Tech monopolist extractors ) .
My colleague Mark Jeftovic explains how systems can be inclusive or extractive .
Systems that automatically bail out the greediest , wealthiest socially-useless speculators via the Federal Reserve are not just extractive , they ’ re exploitive and predatory .
The Reversion Will be Mean .
Extractive systems are also intrinsically fragile in crises as the trapped / exploited behind the oars @ @ @ @ @ @ @ chance , and the real-world sinews of the economy have been weakened by the bailouts and financial engineering .
In effect , the fragile , brittle shell doesn ’ t need much of a shock to implode .
( If you want to see this process in real time , look around you . )
Yes , finance was extractive in 1970 , but it was a much smaller part of the economy .
Back then , finance was less than 5 % of the economy .
Now , by some measures , @ @ @ @ @ @ @ economy .
Yes , corporations bought political influence and exploited everything within reach but their reach wasn ’ t as global and their rapacity not quite as refined .
Sociopathic exploitation such as stock buybacks and Big Pharma advertising directly to consumers were illegal .
The economy was not dependent on endless asset bubbles and bailouts of the most venal speculators .
The Federal Reserve whines that it has to bail out the greediest scum of the nation again and again and inflate one asset bubble after another because otherwise this sucker ’ @ @ @ @ @ @ @ 50 years , the ladders of upward mobility have splintered .
Now making all the sacrifices to follow the conventional script ( get a college diploma , etc . )
don ’ t lead to secure employment .
The fundamental backdrop of the economy is that labor ’ s share of the economy is in permanent decline : the value of labor has been in a freefall , a freefall masked by bogus “ low inflation ” and other trickery .
( See chart below ) In 1970 , costs for essentials were @ @ @ @ @ @ @ were modest .
You could rent an apartment for a week ’ s pay or less .
( Even in expensive Honolulu I could rent a studio apartment for half a week ’ s pay . )
Even in the mid-1980s , I could get a building permit for an entire house in one day ; now the process takes weeks or even months .
Now costs and regulatory burdens have soared to crushing levels .
This plays perfectly to government bureaucracies , which have monopolies on the power to raise junk fees @ @ @ @ @ @ @ , and Corporate America , whose core drive is eliminate any and all competition so profits can soar on the basis of monopoly , not on superior products or services .
People feel ignored because they are ignored .
People feel trapped because they are trapped .
People feel stripmined because they are being stripmined .
People feel angry at the political Establishment because they no longer live in a democracy .
Can we be honest for a change and admit that ours is an extractive system in which anything goes for the @ @ @ @ @ @ @ ?
The few pockets of the economy not under the thumb of corporations , government or the central bank– for example , the cash / informal economy–are still dependent on corporations , government and the Fed for their currency , government subsidies and products/services .
Isn ’ t it obvious that we need an alternative system that isn ’ t run for the benefit of elites and insiders ?
What would such a system look like ?
One , it would be voluntary / opt-in .
Nobody would be forced to participate .
@ @ @ @ @ @ @ a willingness to be useful and belong to something doing good work on behalf of the community rather than a bunch of parasitic , predatory billionaires .
Two , it would be self-organizing , meaning there is no ruling body that can be corrupted .
Bitcoin is a real-world example of a self-organizing system .
There is no cabal at the top who can be corrupted ; bitcoin is distributed and decentralized .
It is self-organizing , as is Nature .
Three , the operations of the system would be automated so human @ @ @ @ @ @ @ out unearned privileges .
Note that most of the systems you interact with are fully automated .
( Try reaching a human being in customer service . )
The only difference is these systems are secret “ black boxes ” designed to maximize the profits of cartel-monopoly corporations , not serve the nation or its communities .
They only serve the owners , 2/3rds of whom just so happen to be the top 0.1 % .
Open-source software runs a great many enterprises and systems and does so without secret “ black box @ @ @ @ @ @ @ .
Four , it would have its own money , a cryptocurrency that comes into being in only one way : as payment for useful , purposeful labor that benefits the community in some way .
All the technology for such a labor-backed cryptocurrency is already in hand .
My 50 years of work in a variety of sectors and jobs has made such a system “ obvious ” to me , and so I ’ ve written a book ( A Hacker ’ s Teleology ) to explain how such a system @ @ @ @ @ @ @ “ obvious.
” You can read excerpts of the book in this free PDF and read the story behind the book and the Introduction .
Why do we tolerate such a corrupt , undemocratic , exploitive , elite-dominated system ?
Because we have no other choice ?
No , we do have a choice .
The first step to outline the values , processes and goals of an alternative system that actually works for everyone and our planet .
I ’ ve taken a stab at outlining such a system , so why @ @ @ @ @ @ @ can come up with a better one , then get it out there for the rest of us to study .
We do have a choice .
But we have to take it .
If we ’ re unwilling to make any systemic changes , then we truly are trapped–not by them ( whomever they might be ) but by our own unwillingness to accept that systemic change is now necessary if we ’ re to have a future that ’ s beneficial to all .

by Charles Hugh-Smith
Why do we tolerate such a corrupt, undemocratic, exploitive, elite-dominated system? Because we have no other choice? No, we do have a choice.
Isn’t it obvious that we need an alternative economic system that isn’t controlled by corporations, the government and the central bank for the exclusive benefit of insiders and elites? Isn’t it obvious that the current system has failed the majority of participants, and hence the ubiquitous sensations of:
1) being ignored by the insiders / elites who run the current system to their own benefit
2) being trapped in an economy that’s been stripped of social / upward mobility
3) being stripmined / exploited by domestic and globalized elites
4) disgust / frustration with the self-enriching political class that serves corporate/elite/insider interests above all else.
My 50 years of work have given me a ringside seat in how the economy has changed from inclusive to extractive. My jobs have ranged from agricultural field worker to running my own yard service to hospitality to construction to print media (free-lancer) to financial services (quant shop) to non-profit education to political rabble-rousing (unpaid) and my current profession as marginalized, misfit author-blogger (my specialty appears to be getting shadow-banned by Big Tech monopolist extractors).
My colleague Mark Jeftovic explains how systems can be inclusive or extractive. Systems that automatically bail out the greediest, wealthiest socially-useless speculators via the Federal Reserve are not just extractive, they’re exploitive and predatory. The Reversion Will be Mean.
Extractive systems are also intrinsically fragile in crises as the trapped / exploited behind the oars tend to abandon ship at the first chance, and the real-world sinews of the economy have been weakened by the bailouts and financial engineering. In effect, the fragile, brittle shell doesn’t need much of a shock to implode. (If you want to see this process in real time, look around you.)
Yes, finance was extractive in 1970, but it was a much smaller part of the economy. Back then, finance was less than 5% of the economy. Now, by some measures, it’s a third of the economy.
Yes, corporations bought political influence and exploited everything within reach but their reach wasn’t as global and their rapacity not quite as refined. Sociopathic exploitation such as stock buybacks and Big Pharma advertising directly to consumers were illegal.
The economy was not dependent on endless asset bubbles and bailouts of the most venal speculators. The Federal Reserve whines that it has to bail out the greediest scum of the nation again and again and inflate one asset bubble after another because otherwise this sucker’s going down.
Over the past 50 years, the ladders of upward mobility have splintered. Now making all the sacrifices to follow the conventional script (get a college diploma, etc.) don’t lead to secure employment. The fundamental backdrop of the economy is that labor’s share of the economy is in permanent decline: the value of labor has been in a freefall, a freefall masked by bogus “low inflation” and other trickery. (See chart below)
In 1970, costs for essentials were low and regulatory burdens on small business were modest. You could rent an apartment for a week’s pay or less. (Even in expensive Honolulu I could rent a studio apartment for half a week’s pay.)
We are primarily funded by readers. Please subscribe and donate to support us!
Even in the mid-1980s, I could get a building permit for an entire house in one day; now the process takes weeks or even months.
Now costs and regulatory burdens have soared to crushing levels. This plays perfectly to government bureaucracies, which have monopolies on the power to raise junk fees, penalties, etc. at will, and Corporate America, whose core drive is eliminate any and all competition so profits can soar on the basis of monopoly, not on superior products or services.
People feel ignored because they are ignored. People feel trapped because they are trapped. People feel stripmined because they are being stripmined. People feel angry at the political Establishment because they no longer live in a democracy.
Can we be honest for a change and admit that ours is an extractive system in which anything goes for the wealthy and powerful and winners take most?
The few pockets of the economy not under the thumb of corporations, government or the central bank– for example, the cash / informal economy–are still dependent on corporations, government and the Fed for their currency, government subsidies and products/services.
Isn’t it obvious that we need an alternative system that isn’t run for the benefit of elites and insiders? What would such a system look like?
One, it would be voluntary / opt-in. Nobody would be forced to participate. All anyone would need to bring is a willingness to be useful and belong to something doing good work on behalf of the community rather than a bunch of parasitic, predatory billionaires.
Two, it would be self-organizing, meaning there is no ruling body that can be corrupted. Bitcoin is a real-world example of a self-organizing system. There is no cabal at the top who can be corrupted; bitcoin is distributed and decentralized. It is self-organizing, as is Nature.
Three, the operations of the system would be automated so human bias would have few opportunities to carve out unearned privileges. Note that most of the systems you interact with are fully automated. (Try reaching a human being in customer service.) The only difference is these systems are secret “black boxes” designed to maximize the profits of cartel-monopoly corporations, not serve the nation or its communities. They only serve the owners, 2/3rds of whom just so happen to be the top 0.1%.
Open-source software runs a great many enterprises and systems and does so without secret “black box” algorithms known only to the exploiters.
Four, it would have its own money, a cryptocurrency that comes into being in only one way: as payment for useful, purposeful labor that benefits the community in some way. All the technology for such a labor-backed cryptocurrency is already in hand.
My 50 years of work in a variety of sectors and jobs has made such a system “obvious” to me, and so I’ve written a book ( A Hacker’s Teleology) to explain how such a system would work and why it’s “obvious.” You can read excerpts of the book in this free PDF and read the story behind the book and the Introduction.
Why do we tolerate such a corrupt, undemocratic, exploitive, elite-dominated system? Because we have no other choice? No, we do have a choice. The first step to outline the values, processes and goals of an alternative system that actually works for everyone and our planet.
I’ve taken a stab at outlining such a system, so why not check it out? If you can come up with a better one, then get it out there for the rest of us to study.
We do have a choice. But we have to take it. If we’re unwilling to make any systemic changes, then we truly are trapped–not by them (whomever they might be) but by our own unwillingness to accept that systemic change is now necessary if we’re to have a future that’s beneficial to all.


investmentwatchblog--2020-09-15--Welcone to 2020 where due diligence is conduted on Twitter

It takes a short seller report to get SEC to look at $ NKLA as fraud and a large equity @ @ @ @ @ ice .
Welcone to 2020 where due diligence is conduted on Twitter Nikola is estimated @ @ @ @ @ revenue for the 3rd quarter , down from $ 36,000 in Q2 .
It has @ @ @ @ @ 12.6 billion .

It takes a short seller report to get SEC to look at $NKLA as fraud and a large equity partnership to be put on ice. Welcone to 2020 where due diligence is conduted on Twitter
Nikola is estimated to earn $30,000 in revenue for the 3rd quarter, down from $36,000 in Q2.
It has a market cap of $12.6 billion.
This is 2020.
— Charlie Bilello (@charliebilello) September 14, 2020


investmentwatchblog--2020-09-15--The Gamma peak? The recent run-up in big tech was exacerbated by call buying and the resulting gamma

The Gamma peak? The recent run-up in big tech was exacerbated by call buying and the resulting gamma hedging in the underlying #stocks. That has now reversed…

The Gamma peak ?
The recent run-up in big tech was exacerbated by call buying and the resulting gamma hedging @ @ @ @ @ .
That has now reversed , with the top 10 stocks in the SPX down @ @ @ @ @ 490 are down 4 % .
pic.twitter.com/g3LsdKmOQZ

The Gamma peak? The recent run-up in big tech was exacerbated by call buying and the resulting gamma hedging in the underlying #stocks. That has now reversed, with the top 10 stocks in the SPX down 12% while the bottom 490 are down 4%. pic.twitter.com/g3LsdKmOQZ
— Jurrien Timmer (@TimmerFidelity) September 14, 2020


investmentwatchblog--2020-09-15--Average performance when inflation is above 4%

Average performance when inflation is above 4 % pic.twitter.com/OipGrScoJq No inflation .
`` FedEx Ground and FedEx Home Delivery shipping @ @ @ @ @ average of 4.9 % . ''
t.co/f4ElJorxwV

Average performance when inflation is above 4% pic.twitter.com/OipGrScoJq
No inflation. "FedEx Ground and FedEx Home Delivery shipping rates will increase by an average of 4.9%." t.co/f4ElJorxwV
— Win Smart, CFA (@WinfieldSmart) September 14, 2020