Financial Imperialism-The Case of Venezuela (newsbuoy)
Venezuela today is a classic case how US imperialism in the 21st century employs financial measures to crush a state and country that dares to break away from the US global economic empire and pursue an independent course outside the US empire’s web of entangling economic and financial relations.
Here’s how US ‘financial imperialism’ has worked, and continues to work, with the intent of assisting regime change in the case of Venezuela.
The recent arrest warrant filed against Robert K. Kraft, owner of the New England Patriots — and the solicitation charges filed against nearly 300 men in multiple jurisdictions as part of the same case — riveted national attention to a stretch of Highway 1 along Florida’s Treasure Coast dotted with strip malls, gas stations and sapphire ocean views. Across the region, parlors were empty and many frequent clients were phoning their lawyers, wondering if more warrants were going to drop.
He explains his view in a recent email to clients: “A weakening global economic recovery, a faltering corporate profit picture, untenable debt loads, political turmoil (and the risk of an increasingly untethered President) provide an unsound foundation to markets that have had such a spirited rally.”
Our Third Bold Prediction (thc0655)
Before 1971, trade imbalances never got too far out of whack. They were reconciled by shifting gold from the deficit country to the surplus country. Gold is limited, so it had the effect of lowering the money supply in the deficit country, forcing up interest rates, and reducing spending on imports.
That is, the feds – and their money system – created the world that we live in… with $250 trillion of debt… and some of the lowest interest rates since The Flood.
Robert E. Howard on Civilization (Jesper A.)
There is one scene in Conan that has stuck with me since I first saw it when I was eleven years old. Conan’s family is murdered when he’s a young boy and he’s taken prisoner. He’s chained to a ginormous mill called The Wheel of Pain. He starts turning it (along with a dozen other kids) and turning it and turning it.
Townsend’s suggestion that it is “Communist” for the government to play a role in “forcefully injecting” children with vaccinations has precipitated the latest wave of strong criticism against the anti-vaccine movement amid what has become perhaps the most emotionally charged public-health discussion today.
The fatal mistake followed a pattern of blood labeling errors at St. Luke’s during the past year, according to a scathing report issued last month by the Centers for Medicare and Medicaid Services and made public Tuesday by the hospital. The government report came after a yearlong investigation by the Houston Chronicle and ProPublica that documented numerous lapses in patient care at a hospital once regarded as among the nation’s best for cardiac care.
In his essential book, The World as Will and Idea, the German philosopher Arthur Schopenhauer (1788-1860) contested the rationalist notion that reason alone gave humans the universal key to an infinitely complex, and often irrational, reality. He took the assessments Immanuel Kant had made in his Critique of Pure Reason a step further by adding the fundamental notion of sufficient reason. This was a less absolute concept of the relation of cause to effect, which he anchored in what he deemed to be four categories of human knowledge: science, morality, logic, and metaphysics. Schopenhauer’s work was in part a reaction to the overly optimistic vision of the rationalists, with Rene Descartes in the lead.
Both countries possess about 140 to 150 nuclear weapons. Though nuclear conflict is unlikely, Pakistani leaders have said their military is preparing for “all eventualities.” The country has also assembled its group responsible for making decisions on nuclear strikes.
The nonprofit works on the top threats to the ocean, he says. “We don’t just work on plastic, because plastic isn’t the only thing that threatens the ocean. Nor are we institutionally hobbled, if you will, or distracted–our work on plastics doesn’t undermine our work on overfishing or on climate change, for example. We can walk and chew gum at the same time.” The evidence about the severity of plastic pollution continues to grow. We don’t yet understand the health impacts of the fact that microplastics are in fish, whales, tiny organisms, and hundreds of other marine animals–along with bottled water and beer–but a body of research is underway. The effects in nature can be synergistic. In coral reefs, climate change can accelerate disease, but one large 2018 study of coral reefs found that in areas with plastic waste, corals were much more likely to be sick.
High winds have blasted much of northern New York state, cutting power to hundreds of thousands of homes and businesses, closing schools and pushing mounds of ice on to the shores of Lake Erie. The ice was on the water's surface but was blown off the lake and on to the shore.
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