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Donald Trump / Re: Is Donald Trump on the level?
« Last post by Dude447 on Today at 04:46:50 pm »
I think Trump is doing a great job of pointing out all the BS . But I dont  really see him as a president
Financial Crisis Forum / Re: VERDICT: NO SEPTEMBER RATE HIKE
« Last post by Letsbereal on Today at 04:28:20 pm »
Core inflation eases in July and moves further away from Fed’s target
28 August 2015
, by Greg Robb - Washington (MarketWatch)

Core inflation moderated in July, the government reported Friday, giving the Federal Reserve another reason to hold short-term interest rates steady at their September policy meeting.

Prices as measured by the personal consumption expenditure — the Fed’s preferred way of measuring inflation — grew just 0.3% in the 12 months ending July.

The core gauge of the Fed’s favorite inflation gauge grew 1.2%. This is down from the 1.3% pace that had been locked in over the first six months of the year.

“It remains very low,” said Minneapolis Fed President Narayana Kocherlakota in an interview on CNBC right after the numbers were released.

He said it will take some time for inflation to return to the 2% target. Kocherlakota also told CNBC that further easing should be considered.

Yields on the long-end of the Treasury curve moved lower after the data.

Economists are also concerned that weakness in China, which has sparked a downshift in commodity prices, might cause another deflationary shock in the U.S. economy.

Former Fed governor Randall Kroszner said Thursday this concern might be enough to keep the U.S. central bank on hold until the December meeting.

Fed officials had been leaning toward hiking rates in September before the sharp financial market volatility sparked by China’s surprise currency devaluation earlier this month.

The markets calmed after New York Fed President William Dudley said that a rate hike in September was “less compelling.”

The Fed’s official view is that it wants to be reasonably confident that inflation is moving toward its 2% target before hiking rates.

Central bankers will be discussing why inflation has remained so low at the Jackson Hole policy summit on Friday and Saturday.

“All of the data are heading in the right direction for a September rate hike “except for inflation,” said Jennifer Lee, senior economist at BMO Capital Markets.

The government also reported that consumer spending rose 0.3% in July. Economists polled by MarketWatch had expected a 0.4% increase.

Spending looks firmer underneath the surface as the government revised consumer spending in June to an increase of 0.3%, compared with an original estimate of 0.2% growth.

Meanwhile, personal income rose 0.4% for the fourth straight month.

Wages and salaries rose 0.5% last month, the biggest increase since November 2014.

Higher income than spending boosted the savings rate to 4.9% in July from 4.7% in the prior month.
Allen Dulles was Swiss Family Mallet-Prevost Sleeper Agent of CIA OSS; Octogon rules over Pentagon
BALKANLANDS / Re: Migrants crisis on Balkans
« Last post by Dude447 on Today at 04:15:49 pm »
The whole EU migrant and refugee policy is out of control . I can only speak for my view on the UK its time for a massive crack down . It is time to look at UK and USA foreign policy rather than crisis management after the event  ::) I would like to see alot more people sent home
Donald Trump / Re: Is Donald Trump on the level?
« Last post by thinkitout on Today at 04:12:44 pm »
     I don't believe that anyone would deny that Donald Trump is an extremely intelligent, shrewd businessman. However, is it his intent to strive to correct America's problems, or is his desire to be President just another step on the bucket list of a jaded billionaire looking for a worthwhile conquest?

     He is obviously in the attack mode and is identifying the recognizable flaws in our political system to convince Americans that radical changes are necessary, and that he is the only viable radical candidate. Public validation and support of his candidacy attests to the severity of disaproval of government by the general public. However, does Donald Trump possess the humility and selflessness characterizing a true patriot and trusted public servant, or does his narcissistic and condescending demeanor suggest that his candidacy is more about himself than concern for the American people, thereby making him, too, a hypocrite?   

     Our unity is threatened by interested individuals or parties who capitalize on controversial issues, accentuating them to make them major causes for division.  While many of these special-interest topics may be serious and important issues, these promoters are merely magnifying and distorting threats in these areas to serve their own purposes, and by lending their support, even when not necessarily interested in these causes, are gaining recruits to campaign for their own personal agendas.  What we seem to have forgotten is that common values are needed to transcend situational differences in order to achieve the unity necessary to make government “by the people” successful. We, as individuals, are at the bottom of the chain of command, but we, as a united populace, are at the top of the chain of command.  Therefore, the effectiveness of our government is dependent on the extent of our unity.  When we blame the government for mismanagement, we are pointing fingers at ourselves.  If we can’t agree on solutions, we lose our voice in government, which is an invitation for highly funded special-interest groups to take over.

     I have serious doubts concerning Trump's potential involvement in international diplomacy. Mainly, I do not believe he possesses the self-restraint necessary to avoid incendiary confrontations.  Also, please consider that he has never had to endure public scrutiny while holding a government office; I'm sure that Hillary would be a more viable candidate had she not accepted the appointment to Secretary of State.
Central Banks Have Manipulated The Markets Which Will Ultimately Crash: Charles Hugh Smith

Aug 29, 2015 X22Report Spotlight

CrossTalk, pt1of2: Recession 2015? (28Aug15)

CrossTalk, pt2of2: Recession 2015? (28Aug15)

Aug 29, 2015 liarpoliticians
Take the money and run....
I'll be able to see who took a bath in the market last week
come end of this year as the "Walking Wounded"
(white collar) men and women invade my discount shopping
places.   They're easy to spot including their Mercedes vehicles
and BMW's parked near discount stores in not so well kept areas.
Financial Crisis Forum / Re: Nazi Gold !!
« Last post by windyacres on Today at 03:56:38 pm »
It'll probably fall under the "Historic Treasures"  laws if
they do find it and be confiscated to of course  be put
in an exhibit for "The People"  and whoops....someone stole it.
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