Monday, 30 November 2015

NASA-funded study: Over 32 advanced civilizations have collapsed before us, and we’re next in line. | Sovereign Man

NASA-funded study: Over 32 advanced civilizations have collapsed before us, and we’re next in line. | Sovereign Man



As any long-time reader of this column knows, we routinely draw from historical lessons to highlight that this time is not different.
Throughout the 18th century, for example, France was the greatest superpower in Europe, if not the world.
But they became complacent, believing that they had some sort of ‘divine right’ to reign supreme, and that they could be as fiscally irresponsible as they liked.
The French government spent money like drunken sailors; they had substantial welfare programs, free hospitals, and grand monuments.
They held vast territories overseas, engaged in constant warfare, and even had their own intrusive intelligence service that spied on King and subject alike.
Of course, they couldn’t pay for any of this.
French budget deficits were out of control, and they resorted to going heavily into debt and rapidly debasing their currency.
Stop me when this sounds familiar.
The French economy ultimately failed, bringing with it a 26-year period of hyperinflation, civil war, military conquest, and genocide.
History is full of examples, from ancient Mesopotamia to the Soviet Union, which show that whenever societies reach unsustainable levels of resource consumption and allocation, they collapse.
I’ve been writing about this for years, and the idea is now hitting mainstream.
recent research paper funded by NASA highlights this same premise. According to the authors:

L.A. to Scan License Plates, Shame Random People For Driving Through 'Prostitution Area' | The Daily Sheeple

L.A. to Scan License Plates, Shame Random People For Driving Through 'Prostitution Area' | The Daily Sheeple



Like any technology used by our government, it was only a matter of time before license plate scanners were used by the state to bully the population in outrageous ways. In Los Angeles, City Councilwoman Nury Martinez has proposed a creepy way to use these license plate scanners to deter prostitution.
By setting up the cameras in an area that is frequently trafficked by prostitutes, she hopes to scan the license plates of every person who drives through the area. However, this isn’t about collecting evidence for a crime (albeit, a victimless crime). The goal is to develop a mailing list of everyone who has driven through the neighborhood.“Shame letters” can then be sent out to the homes of suspected “Johns” in the hopes that spouses and girlfriends will read them.
Martinez told CBS that “If you aren’t soliciting, you have no reason to worry about finding one of these letters in your mailbox. But if you are, these letters will discourage you from returning. Soliciting for sex in our neighborhoods is not OK.” In reality, people should be worried. This system is indiscriminate, and could easily shame anyone who has a legitimate reason to drive through the neighborhood. How many marriages do you suppose will be destroyed by this Orwellian idea? And how long will it take before all commerce grinds to a halt in that neighborhood, as everyone refuses to even drive near it?
Believe it or not, this kind of shaming already exists in some cities, though it hasn’t been fully automated like Martinez wants it to be. According to the National Institute of Justice, police in Oakland, Des Moines, and Minneapolis have sent out these shame letters to known and suspected Johns.
Delivered by The Daily Sheeple

Obama Knows That Turkey Is Buying Oil from ISIS and He Isn't Doing Anything to Stop It | The Daily Sheeple

Obama Knows That Turkey Is Buying Oil from ISIS and He Isn't Doing Anything to Stop It | The Daily Sheeple



At this point, is there anyone that still doesn’t know that ISIS is selling hundreds of millions of dollars of stolen oil in Turkey?
As you will see below, this is very much an open secret, but the mainstream media in the United States is being strangely silent about this.  Why?  Well, because if the truth came out Turkey would have to be kicked out of NATO and Barack Obama would probably be facing impeachment proceedings.  He claims to be fighting ISIS, and yet an endless parade of trucks carrying oil that ISIS has stolen goes back and forth over the Turkish border with his full knowledge and approval.  Barack Obama is very much aware that Turkey is buying oil from ISIS and he refuses to do anything about it.  If the Republicans are looking for a scandal which could completely wreck Obama’s presidency and essentially secure the 2016 election for them, this is it.
Do you want to know why the Turkish government ordered the shooting down of a Russian Su-24 bomber on Tuesday?
It is because the Russians have been bombing the trucks that transport oil from ISIS into Turkey.
The Turks claim that the Russian aircraft violated their airspace for approximately 17 seconds.  But as Paul Craig Roberts has pointed out, in order for the SU-24 to fly only 1.15 miles in 17 seconds would mean that it was flying at stall speed the entire time, which is ridiculous.  Clearly there is something very fishy with the official story, and the Russians say that they never violated Turkey’s airspace at any time.

President Obama's Latest ISIS Strategy Illustrated | Zero Hedge

President Obama's Latest ISIS Strategy Illustrated | Zero Hedge



Seek protection from the great threat...


Cassandra's Legacy: Climate: walking along a mountain path with our ey...

Cassandra's Legacy: Climate: walking along a mountain path with our ey...: The danger of climate change continues to be widely misunderstood and ignored. The COP21 of Paris is starting and trying to gain ...

The Story Line Dissolves | KUNSTLER

The Story Line Dissolves | KUNSTLER



Sometimes societies just go crazy. Japan, 1931, Germany, 1933. China, 1966. Spain 1483, France, 1793, Russia, 1917, Cambodia, 1975, Iran, 1979, Rwanda, 1994, Congo, 1996, to name some. By “crazy” I mean a time when anything goes, especially mass killing. The wheels came off the USA in 1861, and though the organized slaughter developed an overlay of romantic historical mythos — especially after Ken Burns converted it into a TV show — the civilized world to that time had hardly ever seen such an epic orgy of death-dealing.
I doubt that I’m I alone in worrying that America today is losing its collective mind. Our official relations with other countries seem perfectly designed to provoke chaos. The universities have melted into toxic sumps beyond even anti-intellectualism to a realm of hallucination. Demented gunmen mow down total strangers weekly in what looks like a growing competition to end their miserable lives with the highest victim score. The financial engineers have done everything possible to pervert and undermine the operations of markets. The political parties are committing suicide by cluelessness and corruption.

The Ron Paul Institute for Peace and Prosperity : The War on Terror is Creating More Terror

The Ron Paul Institute for Peace and Prosperity : The War on Terror is Creating More Terror



The interventionists will do anything to prevent Americans from seeing that their foreign policies are perpetuating terrorism and inspiring others to seek to harm us. The neocons know that when it is understood that blowback is real – that people seek to attack us not because we are good and free but because we bomb and occupy their countries – their stranglehold over foreign policy will begin to slip.

That is why each time there is an event like the killings in Paris earlier this month, they rush to the television stations to terrify Americans into agreeing to even more bombing, more occupation, more surveillance at home, and more curtailment of our civil liberties. They tell us we have to do it in order to fight terrorism, but their policies actually increase terrorism.

If that sounds harsh, consider the recently-released 2015 Global Terrorism Index report. The report shows that deaths from terrorism have increased dramatically over the last 15 years – a period coinciding with the “war on terrorism” that was supposed to end terrorism.

According to the latest report:




Cont..... 

Paul Craig Roberts Rages At The 'Arrogance, Hubris, & Stupidity' Of The US Government | Zero Hedge

Paul Craig Roberts Rages At The 'Arrogance, Hubris, & Stupidity' Of The US Government | Zero Hedge



On the heels of the Chinese stock market plunging 5.5%, continued turmoil in the Middle East and the price of gold hitting 5 year lows, former U.S. Treasury official, Dr. Paul Craig Roberts told Eric King of King World News that Putin and the Russians are now dominating in Syria and the Middle East as the West destroys itself.
Dr. Paul Craig Roberts:  “It could well be that this is going to work out so much in Russia’s favor that Putin will send a letter of thanks to the Turkish President and say, ‘Thank you very much.  You’ve done us a huge favor. (Laughter).  We lost a pilot and a naval marine but we sure have gained a lot.  That was only two deaths for winning a war.”…

“So that looks to me like the most likely outcome.  The unintended consequence of this are so positive for Russia that it’s got Washington quaking and Europe wondering about the idiocy of being in NATO.”

Eric King:  “What I’m hearing from you Russia is dominating in Syria.  The Russians have completely taken over and there’s really nothing Washington can do.”

Paul Craig Roberts:  “No, except make a fool of itself by supporting ISIS.  We brought ISIS in there (to Syria) — everybody knows that. Just the other day the former head the Pentagon’s Defense Intelligence Agency said on television that ‘Yes, we created ISIS and we used them as henchmen to overthrow governments.’ (Laughter).

And the polls in Europe show that the people are on Russia’s side regarding the shooting down of their aircraft.  They don’t believe (the West’s) story at all.  So I think what you are seeing here is the arrogance, hubris, and stupidity of the United States government.  They are just handing every possible advantage over to the Russians.

This American government is the most incompetent government that has ever walked the earth.  Those people don’t have any sense at all.  Just look at what they’ve done.  In 14 years they’ve destroyed 7 countries, killed millions of people, and displaced millions of people.  And where are those displaced people?  They are overrunning Europe.

This is all because those Europeans were stupid enough to enable our wars.  Now the political parties in Europe are under tremendous pressure from these refugees and the populations who object to them, and from the rising dissident parties who are saying, ‘Look at what these people who you trusted have done.  They’ve changed your country.  It’s not Germany anymore — it’s Syria.’ (Laughter). 

This is a disaster.  Only the stupid Americans could have produced such a disaster.  Does Putin need to do anything?  We’re doing it all for him.  So he doesn’t need to do anything.  He’s not going to attack anybody.  What does he need to attack anybody for?  The idiot Americans are destroying themselves and their allies.  This is an amazing fiasco.”
And On Gold... Massive Government Corruption
Eric King:  “Dr. Roberts, people are worried about World War III breaking out and yet we have the price of gold today hitting 5 1/2 year lows.  So I guess even though Washington has lost control in the Middle East, they still feel like they have to keep up appearances.”

Paul Craig Roberts:  “Gold didn’t hit a low, it was artificially driven down by the bullion banks, who are agents of the Federal Reserve and acting on the Fed’s orders.  This is the way the Fed protects the dollar from losing value.  This has been going on in earnest since the fall of 2011.  We see the appearance at the most odd times of day and night, for no reason whatsoever, of massive short sale of paper contracts that cause the price of gold to move straight down.”

Eric King:  “We saw that today in the gold market with roughly $2 billion of paper gold being sold into the market almost instantaneously.”

Paul Craig Roberts:  “But it doesn’t mean anything about the value of gold.  It simply means that the Federal Reserve and the bullion banks have manipulated the market.  So that’s what’s going on.  This is the worst kind of criminality and the worst kind of corruption.  I, myself, wrote to the Commodity Futures Trading  Commission and asked them why they permitted this?  This is a violation of the law.  But nothing can be done because it’s the government that’s doing it and the government is not going to prosecute itself.

So never say gold hit a new low because it didn’t.  It got driven down artificially by a corrupt government..."

Chicago Police Accused of Deleting Burger King Surveillance Video to Hide Teen's Death by Cop | The Daily Sheeple

Chicago Police Accused of Deleting Burger King Surveillance Video to Hide Teen's Death by Cop | The Daily Sheeple



Not only has Chicago Police Officer Jason Van Dyke been charged with first-degree murder in the October 2014 shooting death of 17-year-old Laquan McDonald, but according to grand jury testimony of a Burger King restaurant manager, Chicago police also erased a surveillance video to try and cover the shooting up.
Jay Darshane, manager at a Burger King located near where McDonald was shot, testified that Chicago police officers showed up to his restaurant shortly after the shooting, asking him to see his surveillance footage. After they left, there was a curious and unexplained 86-minute gap in the footage that just so happens to cover the exact time of the shooting.
Gee… What are the odds?
Darshane testified that he believes the Chicago PD maliciously erased the store’s surveillance footage in an attempt to further cover up the shooting.
The Chicago police, including the superintendent, claim the allegations are false. Hm. I guess it was either a serendipitous technical malfunction with the same odds as winning the lottery twice right after being struck by lightning, or magical fairies must’ve swooped down and whisked the 86 minutes into another dimension where flying unicorns live with the Lucky Charms cereal mascot.
Dash cam video released last week shows Officer Van Dyke shooting the teen, who was armed only with a small knife and walking away from the police at the time he was shot a total of 16 times.
Delivered by The Daily Sheeple

Collectivism Means Collective GUILT « The Burning Platform

Collectivism Means Collective GUILT « The Burning Platform



This is the exact issue I have with the Catholic Church and the priest abuse scandal. Anyone who knew about it and did nothing is equally guilty. That includes Bishops, Cardinals and Popes. They are all guilty, as the coverup continues.
Guest Post  by Karl Denninger
It is often said that one cannot “paint the whole” of the police forces with the brush of a few bad cops — like, perhaps, the one who allegedly murdered a teen in Chicago.
That may be true, right up until one of two things happens:
1. Others willfully and intentionally cover up, tamper with evidence, or otherwise obstruct an investigation.  Then it is entirely fair to lump them in with the person who committed the offense and even charge them with felonies.  Indeed, it is expected that you would do so.
2. Others, including voluntary associations and trade unions, back the accused in what he or she did.  In that event every member of the association or union that does not immediately resign is properly painted with the same brush.
On its website, the Chicago lodge of the Fraternal Order of Police (FOP), has posted a bail fund appeal for the officer, Jason Van Dyke, who is accused of shooting 17-year-old Laquan McDonald 16 times just six seconds after emerging from his patrol car on a street in Chicago on Oct. 20, 2014. An earlier link on the FOP’s front page to a GoFundMe campaign was removed after the fundraising site said it violated a policy against its use by criminal defendants.
The FOP also is paying the lawyer representing Van Dyke, Daniel Herbert, himself a former FOP member the union pays to represent Chicago cops in misconduct cases. Funding such a defense is a common practice among U.S. police unions.
‘Nuff said.

Sunday, 29 November 2015

FOURTH TURNING – OUR RENDEZVOUS WITH DESTINY « The Burning Platform

FOURTH TURNING – OUR RENDEZVOUS WITH DESTINY « The Burning Platform



In Part 1 of this article I discussed the catalyst spark which ignited this Fourth Turning and the seemingly delayed regeneracy. In Part 2 I pondered possible Grey Champion prophet generation leaders who could arise during the regeneracy. In Part 3 I focused on the economic channel of distress which is likely to be the primary driving force in the next phase of this Crisis. In Part 4 I assessed the social and cultural channels of distress dividing the nation. In Part 5 I examined the technological, ecological, political, military channels of distress likely to burst forth with the molten ingredients of this Fourth Turning, and finally in this final part, our rendezvous with destiny, with potential climaxes to this Winter of our discontent.
We are now in the seventh year of this Fourth Turning. A famous quote from the seventh year of the last Fourth Turning portended the desperate, bloody and ultimately heroic trials and tribulations which awaited generations of our ancestors. What will be our rendezvous with destiny?
“There is a mysterious cycle in human events. To some generations much is given. Of other generations much is expected. This generation of Americans has a rendezvous with destiny.” Franklin Delano Roosevelt – June 27, 1936 – Philadelphia, PA

Our Rendezvous With Destiny

“The seasons of time offer no guarantees. For modern societies, no less than for all forms of life, transformative change is discontinuous. For what seems an eternity, history goes nowhere – and then it suddenly flings us forward across some vast chaos that defies any mortal effort to plan our way there. The Fourth Turning will try our souls – and the saecular rhythm tells us that much will depend on how we face up to that trial. The saeculum does not reveal whether the story will have a happy ending, but it does tell us how and when our choices will make a difference.”  – Strauss & Howe – The Fourth Turning

The people have been permitting a small cadre of elitists, billionaire financiers, corporate chiefs, propagandist media moguls, and crooked politicians to make the choices dictating the path of our country since the 2008 dawn of this Fourth Turning. The choices they have made and continue to make have imperiled the world and guaranteed a far more calamitous outcome as we attempt to navigate through the trials and tribulations ahead. Their strategy to “save the country” by saving bankers, while selling the plan to the public as beneficial to all and essential to saving our economic system, has proven to be nothing more than the greatest wealth transfer scheme in human history.  The ruling class is deliberately blind to their own venality and capacity for evil.

Capitalism At Work -- Paul Craig Roberts - PaulCraigRoberts.org

Capitalism At Work 


Paul Craig Roberts
Zero Hedge reports a story from “Keep Talking Greece” that first appeared in The Timeshttp://www.thetimes.co.uk/tto/news/world/europe/article4624755.ece
According to the story, the plummeting living standards forced on the Greek people by German chancellor Merkel and the European banks have forced large numbers of young Greek women into prostitution. The large increase in the supply of women offering sexual services has dropped the price to 4 euros an hour. That’s $4.24, enough for a cheese pie or a sandwich, the value that bankster-imposed austerity has placed on an hour’s use of a woman’s body. The half hour price is $2.12. They don’t even get the minimum wage.
When one reads a story such as this, one hopes it is a parody or a caricature. Although the London Times has fallen a long way, it is not yet the kind of newspaper that can be purchased at grocery store checkout counters.

Guest Post: A Hybrid War To Break The Balkans? | Zero Hedge

Guest Post: A Hybrid War To Break The Balkans? | Zero Hedge



In the spirit of the New Cold War and following on its success in snuffing out South Stream, the US has prioritized its efforts in obstructing Russia’s Balkan Stream pipeline, and for the most part, they’ve regretfully succeeded for the time being. The first challenge came from the May 2015 Color Revolution attempt in Macedonia, which thankfully was repulsed by the country’s patriotic citizenry. Next up on the destabilization agenda was the political turmoil that threatened to take hold of Greece in the run-up and aftermath of the austerity referendum, the idea being that if Tsipras were deposed, then Balkan Stream would be replaced with the US-friendlyEastring project. Once more, the Balkans proved resilient and the American plot was defeated, but it was the third and most directly antagonist maneuver that snipped the project in the bud and placed it on indefinite standby.
‘Lucky’ Number Three:
The climactic action happened on 24 November when Turkey shot down a Russian anti-terrorist bomber operating over the Syrian skies, and the nascent project became a victim of the predictable chain reaction of political deterioration between both sides. Given how obvious it was that energy cooperation would be one of the casualties of simmering Russian-Turkish tensions, it stands to reason that the US purposely egged Turkey on in order to provoke this domino reaction and scuttle Balkan Stream. Be that as it may (and it surely looks convincing enough to be the case), it doesn’t mean that the project is truly canceled, as it’s more strategically accurate to describe it as temporarily shelved. Russia understandably doesn’t want to enhance the position of a state that’s proven itself to be so blatantly aggressive against it, but this feeling extends only towards the present government and in the current context. It’s certainlyconceivable that a fundamental shift in Turkey’s position (however unlikely that may appear in the short-term) could lead to a dĂ©tente of sorts that resurrects the Balkan Stream, but a more probable scenario would be if the disaffected masses and/or distraught military representatives overthrew the government.

Saturday, 28 November 2015

Leadership 101: How To Speak Like A President « Taxicab Depressions

Leadership 101: How To Speak Like A President « Taxicab Depressions



I was reading an ABC News/AP story a few days ago that said that the Russian military flew more than 500 sorties and destroyed more than 800 ISIS targets in just four days, as well as launching 101 cruise missiles from Russian naval ships. Six hundred ISIS scumbags were apparently sent to meet their 72 virgin goats in the afterlife in one strike alone. So it seems that the Russians have done more to defeat ISIS in FOUR DAYS than our President has done in two years.
Utterly disgraceful.
Say what you want about Vladimir Putin, but he is a LEADER, and when Islamic jihadists blow a passenger plane filled with Russian civilians out of the sky, he knows what happens next. He acts in a Presidential manner, and defends his citizens. Then Paris was struck with cowardly attacks around the city, and within days, French jets were pounding Raqqa. President Hollande didn’t ask permission, he didn’t send the matter to a committee, he didn’t consult polling numbers, he didn’t check in with the United Nations, and if he even bothered to “notify” anyone like the US or Russia, it was probably couched in terms of “stand the fuck back.”
Presidente Hollande acted Presidentially. For years, Americans have ridiculed the French as “cheese-eating surrender monkeys”, and I saw a British taxi driver I follow on Twitter refer to us as, “The United States Of America Chicken Wing Eating Surrender Monkeys”.

FOURTH TURNING – POLITICIANS DRIVING THE WORLD TOWARDS WAR « The Burning Platform

FOURTH TURNING – POLITICIANS DRIVING THE WORLD TOWARDS WAR « The Burning Platform



In Part 1 of this article I discussed the catalyst spark which ignited this Fourth Turning and the seemingly delayed regeneracy. In Part 2 I pondered possible Grey Champion prophet generation leaders who could arise during the regeneracy. In Part 3 I focused on the economic channel of distress which is likely to be the primary driving force in the next phase of this Crisis. In Part 4 I assessed the social and cultural channels of distress dividing the nation. In Part 5 I’ll examine the technological, ecological, political, and military channels of distress likely to burst forth with the molten ingredients of this Fourth Turning, and finally in Part 6 our rendezvous with destiny, with potential climaxes to this Winter of our discontent.

Technological & Ecological Distress

 
“Technological progress has merely provided us with more efficient means for going backwards.” Aldous Huxley – Ends and Means
The level of distress being produced by technology was probably underestimated by Strauss & Howe when they wrote their book in 1997. The internet, cell phones and e-commerce were still in their infancy, while cyber security was an unknown concept. Huxley would be shocked by how backwards we have “progressed” through the efficient distribution of iGadgets, creating millions of distracted, non-thinking, passive, easily pliable, willfully ignorant sheep who adore their technological servitude.

Obama Says "Enough Is Enough," Urges Gun Restrictions After Deadly Planned Parenthood Standoff | Zero Hedge

Obama Says "Enough Is Enough," Urges Gun Restrictions After Deadly Planned Parenthood Standoff | Zero Hedge



Another 'mass' shooting, and another outraged statement from President Obama proclaiming "enough is enough." With 9 injured, and 2 police officers and 1 civilian dead after the dreadful standoff at a Planned Parenthood office in Colorado Springs, the President took the opportunity to explain "we have to do something about the easy accessibility of weapons of war on our streetsto people who have no business wielding them. Period." Of course, any discussion of the shooter's mental health, the violent polarization towards and politicization of abortion among an increasingly micro-aggressive America were conveniently ignored.
As Reuters reports, expressing what has become regularly repeated frustration on the issue, President Barack Obama said on Saturday the United States needs to "do something" to make it harder for criminals to get guns after a shooting in Colorado killed three people and injured nine.
In Friday's shooting, an assailant opened fire at a Planned Parenthood clinic, a center that provides health services including abortions, in Colorado Springs.

It was the latest in a long series of U.S. mass shootings during Obama's seven years in office. He has called the December 2012 shooting at Sandy Hook elementary school in Newtown, Connecticut, his toughest day as president.

Obama said it was too soon to know the Colorado Springs shooter's "so-called motive" but said the tragedy was more evidence pointing to the need to reform firearms laws.

"This is not normal," said Obama, who has become increasingly forthright in urging gun control measures when he makes statements after such events. "We can’t let it become normal."

Obama tried to tighten up gun laws after the Newtown shootings, but met resistance in the U.S. Congress, including from some of his fellow Democrats, and failed to push a measure through.

After another deadly shooting at an Oregon community college last month, Obama said White House lawyers would pore through existing laws to look for new ways he could use his executive powers to enforce regulations.

One of those options would require more gun dealers to get a license to sell guns, which would lead to more background checks on buyers.

The White House had drafted a proposal on that issue in 2013, but was concerned it could be challenged in court.Administration officials are now hopeful they can find a way to advance the plan.

Obama has also pledged to elevate the issue of gun laws during his remaining time in office, and has denounced lawmakers for bowing to pressure from the powerful National Rifle Association lobby group.
Finally we thought this 'meme' provided some context...

How Green Energy Really Works | Zero Hedge

How Green Energy Really Works | Zero Hedge



After this week's vaporization of $29 billion of liabilities ($230 million of which was owed to the US Taxpayer) amid Abengoa's bankruptcy (Spain's 'Solyndra'), we thought it worth reminding the world's greater fools just how "green" energy works...


As Pater Tenebrarum noted, oh so eloquently,
Businesses that cannot possibly survive without subsidies are ipso facto not economically viable. In spite of all the high-minded pronouncements about the “need to save the planet” and how this valiant effort can allegedly be “combined with economic growth”, their existence serves primarily one function: to distribute money looted from taxpayers and consumers to assorted cronies of the political class, who in turn provide the latter with kickbacks. That is all there is to it.

Surely no-one is so naĂŻve as to believe that modern-day politicians, whose horizon and time preferences never stretch beyond the next election date, are really concerned about what might happen to the planet a century hence (not to mention that the entire “climate change” religion seems to be little more than an elaborate hoax). With Abengoa’s bankruptcy we are once again presented with a bill that serves as a stark reminder how much scarce capital has been wasted on such schemes.

Ultimately it is little more than a modern form of highway robbery, clad in highly effective propaganda. Many people feel guilty about “consumerism”, believing that it must be true that prosperity and progress are somehow sinful. In reality, environmentalism has long become the home of a great many authoritarian leftists after they lost their former sugar daddy in Moscow in 1990.

They are trying – very successfully it saddens us to admit – to undermine free market capitalism by appealing to people’s sense of guilt and their innate need to receive absolution for their sins. And they have of course found out that their new sugar daddy is much better than their old one, as there is far more wealth ready to be looted and everybody involved is quite happy to get a cut. Occasionally reality has a habit of interfering, but that won’t stop them, at least not yet.
It is high time that the victims wake up to these scams and begin opposing them.

Mish's Global Economic Trend Analysis: French Unemployment Rises Most in Three Years to Record Level

Mish's Global Economic Trend Analysis: French Unemployment Rises Most in Three Years to Record Level



The recovery in France appears to have stalled already, and this is from employment data before the terrorist attacks. Via translation from Les Echos ... 
 The number of Class A unemployed rose by 42,000 last month. This is the largest increase in nearly three years. Overseas included, France now has 3,810,000 unemployed, a new record.

The major disappointment is for the Government, which hoped that the sharp decline in September  finally marked the beginning of the reversal "credible" and "sustainable" in the curve of unemployment to which Hollande has conditioned his candidacy for re-election in 2017.

"These figures are not satisfactory," euphemized Myriam El Khomri, the labor minister, while adding they "must still be interpreted with caution because the results of recent months experiencing strong variations."

Economists point out that the attacks in Paris strengthen the uncertainties about the pace of recovery in France. They fear a decline in activity in tourism and catering that would inevitably damage employment.
compare the above assessment with an amazing statement by economist Nouriel Roubini: "Positive Impacts of Paris Attacks Modest Unless More Attacks Follow

Mike "Mish" Shedlock