The face value of the coin is one million dollars, but its market value is estimated at four million dollars. Called the “Big Maple Leaf,” the piece weighs 100 kilograms (220 pounds). Issued by the Royal Canadian Mint in 2007, like all Canadian coins, it features the portrait of Queen Elizabeth II. It has a […]
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Populism Is the Result of Global Economic Failure…
The rise of populism has rattled the global political establishment. Brexit came as a shock, as did the victory of Donald Trump. Much head-scratching has resulted as leaders seek to work out why large chunks of their electorates are so cross. The answer seems pretty simple. Populism is the result of economic failure. The 10 […]
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EU Clears U.S. Chemical Giants Merger…
On Monday, the European Commission cleared the merger between US chemical companies Dow and DuPont. It said the $130-billion merger would not affect competition on price and choice, and would not reduce innovation. This is on condition that DuPont divests its global pesticide business, including its global research and development branches…
First Time In History, Mortality Rate Among Middle-Aged Whites Outpaces Blacks…
White middle-aged Americans are dying at faster rates than any time in recent memory, according to research by Princeton University Professors Anne Case and Angus Deaton. Mortality rates for white non-Hispanic persons with a high school education or less now surpass those of blacks overall, the professors found. In fact, death rates are 30 percent […]
David Rockefeller & October Surprise Case by Robert Parry…
On March 23, 1979, late on a Friday afternoon, Chase Manhattan Bank Chairman David Rockefeller and his longtime aide Joseph Verner Reed arrived at a town house in the exclusive Beekman Place neighborhood on New York’s East Side. They were met inside by a small, intense and deeply worried woman who had seen her life […]
Starbucks Doubles Down on Military Hiring After Boycott Threats…
Starbucks Corp., after facing a backlash for promising to hire refugees, plans to employ more U.S. military veterans. The coffee retailer will hire 25,000 veterans and their spouses by 2025, it said on Wednesday. Starbucks already has brought on 10,000 of them, ahead of a previously set goal. As part of its global expansion, more […]
How Antonio Lee Snuck A Fake $3.6 Trillion Acquisition Past The SEC…
Antonio Lee, “an American entrepreneur” and “world renowned artist,” can be described as almost anything except humble…”scam artist” fits pretty well. According to his official bio, Lee began his career in the cosmetology field, “as a barber”, but quickly decided he was better suited to raise a $1 trillion “art investment fund”…
Dalio Elitism Exposed In New Report Slamming Populism: “Arises From Common Man, Typically Not Well-Educated”…
Back in mid-January Bridgewater’s Ray Dalio, speaking at the World Economic Forum in Davos, offered up his first thoughts on the populist wave sweeping across the globe (we covered it here). And, once you’ve recovered from the laughing fit inspired by the irony of a bunch of billionaires sitting around discussing their displeasure with the […]
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Rich Get Even Richer…
Microsoft co-founder Bill Gates has has retained the title of the world’s richest man for the fourth year in a row, with a record 2,043 billionaires worldwide, Forbes magazine’s annual list revealed. Bill Gates wealth has been estimated by Forbes at $86 billion as the tech mogul and philanthropist earned around $11 billion over the […]
The True Legacy Of David Rockefeller…
No one person encapsulates the enduring legacy of the “robber barons” of the Industrial Age quite like David Rockefeller. Rockefeller, who died today at the age of 101, was the last surviving grandson of John D. Rockefeller, the oil tycoon who became America’s first billionaire and the patriarch of what would become one of the […]
No, the Trump Budget Is Not Cutting the Meals on Wheels Program…
Various media outlets have published articles claiming that the Trump administration’s federal budget will eliminate funding for the Meals on Wheels program, whose volunteer drivers deliver hot meals to senior Americans across the country. But the federal budget is cutting funds to a federal grant program that provides just three percent of the Meals on […]
Fox News Pulls Judge Napolitano Off Air Due To Prior Comments on UK Trump Surveillance…
Apparently Rupert Murdoch has taken action against Judge Andrew Napolitano as an outcome of his broadcast report on British Intelligence coordinating surveillance activity with the NSA – Backstory HERE – A few weeks earlier Napolitano was on Fox Business News saying President Trump was the first president to confront The Deep State…
Trump Adviser Is Betting Millions of Dollars That Trump Will Take His Advice…
Carl Icahn, the high-stakes financier who has been using his position as a Trump adviser to push for a major rule-change affecting the ethanol industry, is now literally betting millions of dollars on financial markets that Trump will take his advice. As previously reported at The Intercept, Icahn has pushed to get the Environmental Protection […]
Yellen’s Effed up Attack on Working People, Sad by Mike Whitney…
Why did the Fed raise its benchmark interest rate when inflation is still running below the Fed’s target, workers wages have hardly budged and the economy is not even growing at 1 percent? Yellen was asked that question at a press conference on Wednesday following the release of the FOMC’s statement. Her answer helps to […]
Subway Sues TV Network over ‘Soy Chicken’ Report…
Subway is crying fowl over claims that its chicken is loaded with soy fillers — this time in court. The fast-food chain has slapped the Canadian Broadcasting Corp. with a lawsuit over an TV expose last month that claimed its chicken was only about 50-percent poultry and the rest of it soybeans, The Post has […]
President Trump Delivers His Fiscal Year 2018 Budget Outline – (Full pdf included)…
A MESSAGE TO THE CONGRESS OF THE UNITED STATES: The American people elected me to fight for their priorities in Washington, D.C. and deliver on my promise to protect our Nation. I fully intend to keep that promise. One of the most important ways the Federal Government sets priorities is through the Budget of the […]
Home Builder Confidence Soared to Highest Level in 12 Years…
The nation’s home builders couldn’t be happier with President Trump’s first move to roll back strict environmental rules. A monthly index of builder sentiment jumped six points to the highest level in 12 years. The National Association of Home Builders/Wells Fargo Housing Market index hit 71 in March, a sizable jump from 58 in March […]
“This Is Not The Reaction The Fed Wanted”: Goldman Warns Yellen Has Lost Control Of The Market…
With stocks soaring briskly around the globe following Yellen’s “dovish” hike, and futures set for a sharply higher open with the Nasdaq approaching 6,000, something surprising caught our attention: in a note by Goldman’s Jan Hatzius, the chief economist warns that the market is overinterpreting the Fed’s statement, and Yellen’s presser, and cautions that it […]
Goldman Sachs: Almost One Million H-1B Foreign Workers Hold University-Level Jobs Here…
Goldman’s February estimate of the huge H-1B population also ignores multiple other visa programs which invite foreign graduates to work in the United States. These other temporary work visas are used to employ an additional 470,000 foreign college graduates in the United States, according to a study released on March 7 by the left-of-center Economic […]
Preet Bharara Explains Why He Let Wall Street Bank Executives Avoid Prison…
Recently dismissed U.S. Attorney for the Southern District of New York, Preet Bharara, is suddenly being celebrated as an aggressive warrior in the fight against Wall Street corruption. Really? You could’ve fooled me. Perhaps I was in a coma when a string of big bank executives were arrested and sent to prison. No, what actually […]
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