By Robert Whiston: In
2012 the British government announced plans to introduce “shared
parenting” and everyone thought, “Wow, what a breakthrough after all
these years of lobbying!” Father’s Rights advocates and advocates for
children had worked hard for years to get promises to help fathers from
David Cameron’s party to help do more to make sure fathers were allowed
to be a part of their children’s lives. When Cameron became Prime
Minister, for the first time in 30 years it looked as if fathers would
be able to have their children stay with them for several days at a
time, i.e. “sleepovers,” and not just snatch a few hours with them
during the day.
But then along came two torpedoes.
The first torpedo was that the promised “shared parenting” legislation turned out to be nothing more than the inadequate wording of the toothless 1989 legislation which in the end did nothing to improve fathers’ access to their children.
Federal Reserve and Wall Street Assassinate US Dollar
By Paul Craig Roberts: Since 2006, the US dollar has experienced a one-quarter to one-third
drop in value to the Chinese yuan, depending on the choice of base.
Now China is going to let the dollar decline further in value. China
also says it is considering undermining the petrodollar by pricing oil
futures on the Shanghai Futures Exchange in yuan. This on top of the
growing avoidance of the dollar to settle trade imbalances means that
the dollar’s role as reserve currency is coming to an end, which means
the termination of the US as financial bully and financial imperialist.
This blow to the dollar in addition to the blows delivered by jobs
offshoring and the uncovered bets in the gambling casino created by
financial deregulation means that the US economy as we knew it is coming
to an end.
The US economy is already in shambles, with bond and stock markets
propped up by massive and historically unprecedented Fed money printing
pouring liquidity into financial asset prices. This month at the IMF
annual conference, former Treasury Secretary Larry Summers said that to
achieve full employment in the US economy would require negative real
interest rates. Negative real interest rates could only be achieved by
eliminating cash, moving to digital money that can only be kept in
banks, and penalizing people for saving.
The future is developing precisely as I have been predicting.
As the dollar enters its death throes, the lawless Federal Reserve
and the Wall Street criminals will increase their shorting of gold in
the paper futures market, thereby driving the remnants of the West’s
gold into Asian hands.
Submitted by Tyler Durden: Before it became a conspiracy fact, the traditional response to all suggestions of a massive Libor/FX/commodity/mortgage rigging
cartel was a simple if stupid one: too many people are involved and so
it can never be contained. As it turns out not only can it be contained,
but when the interests of the "conspiracy" participants are alligned,
it can continue for decades. Naturally, the same applies for the
pinnacle of the global wealth pyramid: the world's billionaires and
their plan of wealth preservation and accumulation.
Not only have the world's richest been the biggest beneficiaries of the monetary and fiscal policies since 2009, with the current 2170 global billionaires representing a 60% increase since 2009 according
to UBS, but their consolidated net worth has more than doubled from
$3.1 trillion in 2009 to $6.5 trillion now. At the same time, the net
worth of the "bottom 90%" of the world's not so lucky population, has
declined. Yet, somehow, the Fed is still revered.
Naturally, as in global financial conspiracies, the question arises:
is it possible that instead of representing the interests of the general
population, what the central banks simply do is follow the instructions
of a far smaller cabal, that of the world's uber wealthy?
In case there is any confusion, the above is a rhetorical question.
By Adam Taylor: On Sunday afternoon we will find out if Switzerland will go ahead
with one of the most radical plans to fight inequality ever: Limiting
the monthly pay of top executives to that of their lowest paid
employees' yearly salary.
Limiting compensation to 1:12 would be a historic change: Currently, a lot of Swiss firms have a ratio of more than 100:1.
Roche, the Swiss drug giant, reportedly paid its top executive $13.9
million in 2012, and its lowest $59,000 — a ratio of 1:236.
This isn't just a Swiss thing either. One study has shown that the average American CEO earns 200 times the salary of their lowest paid employee.
The idea was proposed through Switzerland's direct democracy system,
and if more than 50% of voters and representatives of the Swiss federal
states (cantons) agree to it, it must become law. Voters have had a
month to vote via post, and on Sunday they can attend polling stations.
It's fascinating to wonder what a country with a 1:12 salary cap would look like. David Roth, the leader of the youth wing of Swiss party the Social Democrats,
and one of the architects of the plan, recently told Business Insider
that he expected that salaries would go down, and then the money would
be spent on lower paid workers and investing in the companies. On the
other hand, however, Swiss executives had warned that their companies would leave the country if the bill passed (Roth said that such an attitude was "quite arrogant").
Feminism LOL: What happens when feminists lose an academic debate? Solution: Censorship!
UK BANNED Press TV: American political
commentator Mark Glenn says Israel was behind the assassination of then
US President John F. Kennedy fifty years ago.
“The strong circumstantial evidence points to Israel being the
culprit in there of course even the fact that the Israeli lobby has such
luck not only on Congress and on the executive branch of the US
government but as well within the intelligence services,” Glenn told
Press TV on Friday.
“It’s easy to see then why there would be very powerful, very
interested parties here who want to make sure that the American people
never find out about this particular aspect of President Kennedy’s
foreign policy objectives,” he explained.
Thunderf00t: Its a sad fact that the funding of the National Science Foundation
is TEN times smaller than just the tax breaks given to religion in the
US.
By Richard Branson: Virgin Galactic is one of the universe’s most exciting,
futuristic companies. Bitcoin, the virtual currency, has really captured
the imagination recently as one of the world’s most innovative
businesses looking to the future. So we think it is about time Virgin
Galactic customers can choose to pay with bitcoins.
One
future astronaut, a female flight attendant from Hawaii, has already
purchased her Virgin Galactic ticket using bitcoins, and we expect many
more to follow in her footsteps. All of our future astronauts are
pioneers in their own right, and this is one more way to be
forward-thinking.
Two years ago, one bitcoin was valued at less than $10.
Earlier this week one bitcoin’s value reached $900, tripling in the
past month, and a US Senate committee hearing deemed it a legitimate
financial service.
I have invested in some
bitcoins myself, and find it fascinating how a whole new global currency
has been created. For people who can afford to invest a little in
bitcoins, it’s worth looking into. Many people and organisations are -
today a Cyprus university is allowing students to pay their tuition fees with bitcoins.
But then along came two torpedoes.
