The same confused, greedy and corrupt central authorities which have set up the global economy for a major bust through their dysfunctional use of existing powers, are now seeking far greater central control, in what would amount to the ultimate triumph of finance over people. They are now moving to tax what ever people have left over after paying taxes. It has been tried before. As previous historical bubbles began to collapse, central authorities attempted to increase their intrusiveness and control over the population, in order to force the inevitable losses as far down the financial foodchain as possible. As far back as the Roman Empire, economically contractionary periods have been met with financial tyranny — increasing pressure on the populace until the system itself breaks:
Hedge funds have suffered their biggest withdrawals since the financial crisis, with investors pulling $23.3 billion in the first half of the 2016, according to data from Hedge Fund Research Inc. While the redemptions equal less than 1 percent of the $2.9 trillion industry, the biggest funds are bearing the brunt of the damage as pension plans and other large institutions that flocked to the name-brand firms during the heyday in the last decade are now retreating after years of lackluster returns.
The “why now” question is something we recently addressed in another post entitled “Milwaukee Homicides Soar – What Is Going On In the Murderous Midwest?”. While the typical explanations for violent crime (e.g. poverty, unemployment, etc.) may explain why crime is higher in certain cities it certainly doesn’t explain why the sudden spike is occurring now. Thomas Abt of the Harvard Kennedy School of Government thinks the sudden spike is more likely due to the “Ferguson Effect” or a concept he refers to as “legal cynicism.”
The key question is why the spike in violence now? Ask any “expert” to explain the cause of violent crime and you’ll get a range of responses from systemic problems of poverty, unemployment, lack of education of inner city youth, breakdown of the family unit, etc. The problem is that none of those things explain the sudden changes in violence we’re currently witnessing in the Midwest.
The End of Homicide (Tom L.)
The lethal violence that persists is unevenly concentrated. Almost half of the roughly 430,000 annual murders around the world are generated by just 25 countries. A handful of states in Latin America—Brazil, Colombia, Mexico, and Venezuela—account for one quarter of all homicides on the planet. As many as 47 of the 50 cities with the highest murder rates are located there. The region is also one of the only parts of the world where murder rates continue climbing. A few other giants, notably India, Nigeria, South Africa, and the United States, also register comparatively high absolute murder tolls, although for the most part, conditions there are improving.
James Howard Kunstler: Signs Of Desperation (Michael W.)
The idiocy and mendacity extend to the broad voting public and the discredited elites pretending to run the life of the nation. The American public has never been this badly educated and more distracted by manufactured trivia. They know next to nothing. Even college seniors can’t name the Secretary of State or find Switzerland on a map. They don’t know in what century the Civil War took place. They couldn’t tell you whether a hypotenuse is an animal, a vegetable, or a mineral. Their right to vote is a danger to themselves.
But Statoil – and the Norwegian government – are concerned that they will need more to replace aging North Sea oil fields. The government’s revenue for the first six months of 2016 was down roughly 29 percent from the same period a year earlier. In January, Norway was forced to dip into its massive $819 billion sovereign wealth fund for the first time in the fund’s history in order to plug budget holes. Statoil, unsurprisingly, is feeling the pain of low oil prices as well. In the second quarter, Statoil swung to a $28 million after tax loss, compared to a $929 million profit a year earlier.
One major change is that improved radar becomes Autopilot’s main system for scanning the road. Once the update is made, Autopilot will use images from cameras to supplement the radar system. The current system uses cameras as its primary source of images, and relies on radar to help confirm what the cameras see.
In its study, MIT experimented with a new way to get pesticide droplets to actually stick to plants. It’s a totally new and very strange approach: The researchers divided the pesticide into two groups, one of which was given a polymer that lent a negative electric charge, while the other was given a polymer that lent a positive charge. When they mix together, they form a hydrophilic surface on the plant itself, meaning that future drops are more likely to stick to it.
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