Al Jazeera America to shut down cable news channel
-
4 hours ago
- From the section US & Canada
Al Jazeera America will shut down its cable news channel despite spending heavily to break into the US market.
Story found at BBC NEWS
In the ‘who said there is no good news?’ department …
The Dow Falls Another 364 Points And We Are Now Down 2200 Points From The Peak Of The Market
It was another day of utter carnage on Wall Street. The Dow was down another 364 points, the S&P 500 broke below 1900, and the Nasdaq had a much larger percentage loss than either of them. The Russell 2000 has now fallen 22 percent from the peak, and it has officially entered bear market territory. After 13 days, this remains the worst start to a year for stocks ever, and trillions of dollars of stock market wealth has already been wiped out globally. Meanwhile, junk bonds continue their collapse. JNK got hammered all the way down to 33.06 as bond investors race for the exits. In case you were wondering, this is exactly what a financial crisis look like.
Many of the “experts” had been proclaiming that “things are different this time” and that stocks could defy gravity forever.
Now we seeing that was not true at all.
So how far could stocks ultimately fall?
I have been telling my readers that stocks still need to fall about another 30 percent just to get to a level that is considered to be “normal” be historical standards, but the truth is that they could eventually fall much farther than that.
Just this week, Societe Generale economist Albert Edwards made headlines all over the world with his prediction that we could see the S&P 500 drop by a total of 75 percent…
Posted in Editorial
Comments Off on The Dow Falls Another 364 Points And We Are Now Down 2200 Points From The Peak Of The Market
Canadians Panic As Food Prices Soar On Collapsing Currency
It was just yesterday when we documented the continuing slide in the loonie, which is suffering mightily in the face of oil’s inexorable decline.
As regular readers are no doubt acutely aware, Canada is struggling through a dramatic economic adjustment, especially in Alberta, the heart of the country’s oil patch. Amid the ongoing crude carnage the province has seen soaring property crime, rising food bank usage and, sadly, elevated suicide rates, as Albertans struggle to comprehend how things up north could have gone south (so to speak) so quickly.
The plunging loonie “can only serve to worsen the death of the ‘Canadian Dream'” we said on Tuesday.
As it turns out, we were exactly right.
The currency’s decline is having a pronounced effect on Canadians’ grocery bills. As Bloomberg reminds us, Canada imports around 80% of its fresh fruits and vegetables. When the loonie slides, prices for those goods soar. “With lower-income households tending to spend a larger portion of income on food, this side effect of a soft currency brings them the most acute stress,” Bloomberg continues.
~~~~~~~~~~~~~~~~~~~~
Imagine what will happen here.
David DeGerolamo
Posted in Editorial
5 Comments
Discovering Yourself in The Wild, with Alan Kay
If you were somehow stranded in the wilderness could you survive? And what would you learn about yourself in the process?
Alan Kay is a wilderness expert and winner of The History Channel’s Alone Season 1 challenge; he joins us today to talk about his experience and what learned about himself, about life and about humanity. On this episode we delve into those topics and much more.
MORE ABOUT THIS SHOW
If you haven’t seen Alone or don’t know the premise it was this: Ten men (Alan and nine others) were dropped into British Columbia with only 10 items (from a select list). The last man standing went home with a $500,000 cash prize.
Although Alan had been teaching wilderness survival for the last 15 years, he didn’t actually sign up to participate. His friend, Chris Weatherman, passed along Alan’s information to the producers of the show. They contacted Alan and had a few email exchanges and a Skype interview. Eventually he was one of the ten selected.
When he was first dropped off into his area Alan was completely out of his element. He didn’t know the terrain of British Columbia at all. In fact he says there first 20 minutes he was there he was truly questioning why he had signed up!
Click below for Clayon Morris’ podcast with Alan Kay:
Posted in Editorial, Safety and Preparedness
Comments Off on Discovering Yourself in The Wild, with Alan Kay
All of the World’s Money and Markets in One Visualization
Posted in Editorial
Comments Off on All of the World’s Money and Markets in One Visualization
Amateur Radio Exam Session – This Saturday
AMATEUR RADIO EXAM SESSION
01/16/2016
Sponsor: The Georgia Militia VE Team
Date: Jan 16, 2016
Time: 9:10 AM
Cost: $15
Levels: Technician, General and Amateur Extra
VEC: ARRL/VEC
Location: Old School, Manassas, Georgia
32.1546N, 082.0220W (decimals, not minutes/seconds)
Walk-ins allowed, not required to be affiliated with militia.
Parking in front lot only.
Posted in Editorial
Comments Off on Amateur Radio Exam Session – This Saturday
The Consequences of Obamanation
In Latest Humiliation For Obama, Iran Just Released Photos From Arrest Of 10 U.S. Sailors
Posted in Editorial
Comments Off on The Consequences of Obamanation
Banksters Win Again – “Audit the Fed” Bill Fails in the Senate
When it comes to the Fed, Congress is mired in hypocrisy. The anti-regulation, de-regulation crowd on Capitol Hill shuts its mouth when it comes to the most powerful regulators of all – you and the Federal Reserve. Meanwhile, Congress goes along with the out-of-control, private government of the Fed—unaccountable to the national legislature. Moreover, your massive monetary injections scarcely led to any jobs on the ground, other than stock and bond processors.
– From the post: Ralph Nader Destroys the Federal Reserve in Open Letter – Calls it “Out of Control, Private Government”
Rand Paul’s signature “Audit the Fed” legislation failed to garner the 60 votes needed in the Senate to move the measure forward. Of course, this is merely the latest in a never-ending series of banker victories, and a truly devastating blow against liberty, free markets, transparency and any hope for government by the people and for the people. Ensuring that light is never shined on the Fed’s shady, corrupt and unaccountable bailout activities has always been a key goal of the American oligarchy, and they succeeded once again.
Kudos to Rand Paul for trying, and respect to Democrat Bernie Sanders for voting in favor. Elizabeth Warren voting against is inexplicable and indefensible.
Posted in Editorial
3 Comments
Biden Rising
Probable scenario:
Obama hates the Clintons. Let Hillary make a fool of herself with the help of Bill for her election campaign. Wait for the Benghazi, Libya and email scandals to explode. Blame Hillary for everything. Arrest Hillary for her illegal email account. Let Joe come in to save the day as the Democrat candidate for pResident. Cost: priceless.
David DeGerolamo
Former Federal Prosecutor Says Hillary Clinton Could Be Indicted Within 60 Days (Or FBI Will Revolt)
The leaking of the Clinton emails has been compared to as the next “Watergate” by former U.S. Attorney Joe DiGenova this week, if current FBI investigations don’t proceed in an appropriate manner. The revelation comes after more emails from Hilary Clinton’s personal email have come to light.
“[The investigation has reached] a critical mass,” DiGenova told radio host Laura Ingraham when discussing the FBI’s still pending investigation. Though Clinton is still yet to be charged with any crime, DiGenova advised on Tuesday that changes may be on the horizon. The mishandling over the classified intelligence may lead to an imminent indictment, with DiGenova suggesting it may come to a head within 60 days.
“I believe that the evidence that the FBI is compiling will be so compelling that, unless [Lynch] agrees to the charges, there will be a massive revolt inside the FBI, which she will not be able to survive as an attorney general,” he said.
“The intelligence community will not stand for that. They will fight for indictment and they are already in the process of gearing themselves to basically revolt if she refuses to bring charges.”
The infamous emails documented extrajudicial killings by the U.S. allied rebels, and substantiated motives for warring with Libya as underlined by energy resources, gold, and silver.
Hitler Reacts to Brownell’s Pmag Backorder Problem
h/t Chris D
Posted in Editorial
Comments Off on Hitler Reacts to Brownell’s Pmag Backorder Problem
If you don’t agree with Obama you are “peddling fiction”
by Simon Black
If you’re not watching it purely for the entertainment value, sitting through a State of the Union speech ranks somewhere between a colonoscopy and a root canal.
Every year I opt for the former (entertainment value, not colonoscopy).
But because I live overseas, one of the added entertainment benefits is that I’m surrounded by foreigners who are seeing this highly ritualistic propaganda for the first time.
The absurdity starts almost immediately.
The Sergeant-at-Arms introduces the President of the United States, and he receives a massive, five minute standing ovation as he walks across the water to the podium.
The applause finally dies down briefly, until, immediately after, the Speaker of the House formally introduces the President. And then the applause begins anew.
Try explaining that to a foreigner who’s never seen it before.
Posted in Domestic Enemies, Editorial
1 Comment
Iranian Animation Simulates Yemeni Missile Attacks on Saudi Oil Fields, Military & Civilian Targets
~~~~~~~~~~~~~~~~~~~~~~~~~
Decisions, decisions. If war breaks out between Saudi Arabia and Iran, who will the pResident support? The obvious solution is let both sides fight and we stay neutral. However, this is all part of their plans. A World War will mitigate the impending financial collapse, reduce the world’s population and allow tyranny to reign as a necessary means for security.
David DeGerolamo
Posted in Domestic Enemies, Editorial
1 Comment
Russia Says U.S. Expanding Bioweapons Labs in Europe
by Bill Gertz
Russia recently charged the Pentagon with expanding a network of biological weapons laboratories in Europe, a charge the State Department denies.
A new Russian national security strategy document describes the United States and NATO as threats and warns of the “uncertainty about instances of foreign states’ possession of biological weapons and their potential for developing and producing them.”
“The network of U.S. military-biological laboratories on the territory of states adjacent to Russia is being expanded,” says the strategy, made public Dec. 31.
U.S. officials and arms analysts said the Russian charge is false.
Blake Narendra, a spokesman for the State Department’s arms control, verification and compliance bureau, said the United States is in full compliance with the Biological Weapons Convention, which bans production and stockpiling of germ weapons.
~~~~~~~~~~~~~~~~~~~
Ask yourself if you believe that the above story is true? Or maybe true? True or not, I would have dismissed this as Soviet propaganda in the 80s. Not today.
When did the United States go from being a force for good to one of world wide hegemony?
David DeGerolamo
Posted in Domestic Enemies, Editorial
Comments Off on Russia Says U.S. Expanding Bioweapons Labs in Europe
