Private and government employers boosted workers’ compensation by 4.5 percent in this year’s first quarter, compared to a year earlier, the U.S. labor department reported, exceeding the 4-percent bump in 2021’s final quarter and outpacing any quarterly gain since at least 2001. Benefits were worth 1.8 percent more at the end of the quarter, notching...
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TOP 2022 TREND, DRAGFLATION: U.S. MOVES CLOSER TO DRAGFLATION
The U.S. economy contracted by 1.4 percent during this year’s first quarter, the commerce department reported on 28 April. The GDP’s implosion moved the country to the precipice of a recession, which is defined as two consecutive quarters of economic contraction. Several factors contributed to the economy’s reversal after rocketing ahead 6.9 percent during 2021’s...
CRYPTO’S FLURRY OF SUPERBOWL ADS COMES UP SHORT
The cryptocurrency industry spent billions of dollars promoting itself during this year’s Superbowl, including an ad proclaiming “fortune favors the brave” and another featuring basketball star LeBron James urging people to “call your own shots.” Now reality has set in: inflation is rampant, the world economy is teetering, and crypto prices bounce like a LeBron...
THIS WEEK IN SURVEILLANCE
FBI DOMESTIC SURVEILLANCE ABUSE: NO WARRANT, NO PROBLEM. According to U.S. intelligence officials, the Federal Bureau of Investigation conducted millions of searches of American electronic data without a warrant last year, a revelation that underscores corrosive government abuses of the Constitutional rights of Americans via illegal government monitoring. The FBI performed up to 3.4 million...
WILL THE ALGORITHM LET YOU KEEP YOUR CHILD?
Social workers are relying on AI algorithms to help determine families that should be examined for possible interventions. Not families that have done anything allegedly illegal, as reported by anyone. Just families whose data, culled by government agencies, trigger an algorithmic probability warning. The Associated Press recently detailed the story, and concerns surrounding the program...
BIDEN’S PICK TO HEAD NEW DOMESTIC “DISINFORMATION GOVERNANCE BOARD”: HOW LOW CAN YOU GO
People are still coming to grips with the fact that fighters deemed wild “Conspiracy theorists” and purveyors of “pessimism porn” like Alex Jones and Gerald Celente have been providing the roadmap for America’s 21st century descent into an elitist controlled Authoritarian police state. But at this point, virtually every day news breaks that sadly shows...
BLOCKCHAIN BATTLES
CRYPTOS 2022: THE BEST CASE SCENARIO. The crypto sector is amply proving it’s not immune to market forces, geopolitical turmoil, and what Gerald Celente has dubbed “DragFlation.” So what’s the best case scenario for the rest of 2022? Let me lay it out by telling a bit of personal history. I’m old enough now to...
DIGITAL COMMODITY EXCHANGE ACT WOULD ESTABLISH REGULATION OF CRYPTO FUTURES TRADING
The Commodity Futures Trading Commission (CFTC) would be given supervision power over the booming cryptocurrency industry under bipartisan legislation proposed on Thursday. The Digital Commodity Exchange Act is a reworked version of legislation filed in 2020, according to tech and government conduit platform NextGov.com. It would define digital commodities and provide the CFTC authority to...
MUSINGS ON WOKE CANCELLATIONS’ DESTRUCTION OF HUMAN DIGNITY AND THRIVING
By Gary Null PhD, Progressive Radio Network During the past two years, the rise in wokeness and its cancel culture has shocked the sensibilities and moral fabric of the nation. It has fuelled divisions between races, class and economic status, levels of education and political allegiances. However, the anger that wokeness has carried into civil...
WASHINGTON & MOSCOW HAVE COMBINED TO MAKE THE UKRAINIAN SITUATION INTO ARMAGEDDON
By Paul Craig Roberts, Institute for Political Economy Yesterday morning I posted an explanation of why Russian liberalism was generating a wider war that could end in Armageddon. I find no relief in The Saker acknowledging the same unfolding of events. The Saker and Andrei Martyanov are two competent analysts of Russian military capability. Until...
