The Daily Blog Open Mic – Tuesday 18th October 2016

1. FOOD FOR THOUGHT – JONKEY

   Opinion: Countdown to the stock-market Crash of 2016 is ticking louder

   By Paul B. Farrell

   Published: May 17, 2015 10:25 a.m. ET

   Warning bells just keep getting louder and louder as the countdown to the Crash of 2016 keeps ticking. Wall Street’s in denial, but the Washington Post warns: “U.S. economic growth slows to 0.2 percent, grinding nearly to a halt.” USA Today hears “Bubble Talk” at the Vegas “Davos for Geeks.” Earlier the Wall Street Journal warned, “declining population could reduce global economic growth by 40%.” Then recently the “slow-growth Fed” was blamed.

   Wrong, former Fed chief Ben Bernanke counterattacked: “I’m waiting for the Journal to argue for a well-structured program of public infrastructure development, which would support growth in the near term by creating jobs and in the longer term by making our economy more productive.” But for years the Fed “has been pretty much the only game in town as far as economic policy goes.” Today “we should be looking for a better balance between monetary and other growth-promoting policies, including fiscal policy.”

   Fiscal policy? No, Ben, not a chance. The GOP controls economic policy. And they will never give “growth-promoting fiscal policy” victories to President Obama and Hillary Clinton before the presidential election of 2016. Never. In spite of Bernanke’s obviously rational solution to the core problems of the American economy, one that would help the American people, the GOP will never, ever agree to fiscal stimulus programs that give the Democrats bragging rights and make Obama and Clinton look good before the elections.

   http://www.marketwatch.com/story/countdown-to-the-stock-market-crash-of-2016-is-ticking-louder-2015-05-08

2. “A shop-bought helium balloon kit was taken from 76-year-old Nelson woman Patsy McGrath, who has long campaigned for euthanasia, on Friday, the Voluntary Euthanasia Society says.”

   So, was she turned in by a relative or friend determined to intervene in her plans, or are the Police using public profiles in a open legal process ie submission to the health committee, to make criminals of people who wish to control their own destinies.

   http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11730905

   How can we debate an issue if to do so publicly is like signing your own search warrant.

   How would we have felt if anyone trying to overturn the anti Homosexual laws had their house searched for gay publications or two sets of mens toiletries in the bathroom??

   Why the silence??

   • disgraceful!…what business is it of the Police for Christs sake?

3. Watch out for ‘Smash and Grab Banks’ like the Royal Bank of Scotland( are the banksters waiting in the shadows of a bank near you?)

   …the banksters are after your life savings and assets… a mad Scotsman speaks out and gives his story

   (once upon a time it was highway men …now it is banksters)

   Commoners Watch Out!

   https://www.rt.com/shows/keiser-report/362856-episode-max-keiser-980/

   “Max and Stacy are joined by Joel Benjamin, local authority debt audit campaigner with Debt Resistance UK, and Nigel Henderson, who lost his hotel business to RBS’s restructuring division, to talk of the ‘stunned commoners’ in awe (at the brazenness) of the Royal… Bank of Scotland.

   Nigel recounts his own encounter with RBS’s smash and grab unit which saw him lose his hotel in Scotland.

   They discuss the tens of billions in fines the bank, taxpayer-owned RBS, faces from US authorities for the bank’s role in the mortgage backed securities fraud and whether or not there will be anything left for compensation of the thousands of small and medium sized enterprises destroyed in the UK.”

   …and in retribution to RT? (banksters fight back)

   ‘Cancellation of RT UK’s bank account ‘crude British state propaganda’ – Galloway (VIDEO)’

   https://www.rt.com/uk/363068-galloway-rt-nat-west/

   ‘Oliver Stone on RT bank account closure: ‘It’s a media war and UK sees you as a threat’ ‘

   https://www.rt.com/news/363093-media-war-stone-rt-bank/

   ‘Backtracking from ‘no discussion’? UK bank says it will review closure of RT accounts’

   https://www.rt.com/news/363086-uk-bank-rt-review-closure/

4. The ongoing increases in tobacco tax is fueling robberies nationwide.

   A growing number of victims have been harmed and lives are being put at risk. It’s only a matter of time before someone is killed.

   Increases in tobacco tax is also fueling a growing black market.

   Taxpayers are being forced to pay for more police and new prisons as a result.

   It’s also driving those who continue to smoke into further fiscal hardship, adding to the cost, harm and stress growing poverty creates.

   When is a enough enough?

   There are alternatives to tobacco tax increases. Therefore, isn’t it time we put an end to this crime fueling and harm causing experiment?

5. This is key.

   He said the huge rise in income inequality in the 1980s and 1990s was not just a historical event. Its social impact continued to this day, and people were increasingly recognising the damage that poverty was doing, he said.

   “The biggest issue I have is The New Zealand Initiative seems completely oblivious to the point that even if the big increase in inequality was in the 1980s and 1990s, and hasn’t worsened since then, it still has big implications for the country today.

   “They seem to think that if something happened in the past it doesn’t matter. It is really quite an extraordinary way of looking at the issue,” Rashbrooke said.

   http://www.stuff.co.nz/business/industries/85445497/housing-crisis-the-cause-of-inequality-in-nz-the-new-zealand-initiative

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