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The biggest inventory build in history eases pressure on US economy, postponing a 'monetary supernova'

economic collapse
While we already observed that in Q1, US GDP rose by an appalling 0.2%, far, far below the consensus Wall Street estimate (in case you missed it, here again is the one thing every Wall Street economist desperately needs) and precisely in line with the Atlanta Fed forecast which we brought attention to in early March, confirming yet again that US stocks no longer reflect any fundamentals but merely Fed and global liquidity injections, there is something far more disturbing under the surface of today's GDP report.

Inventories.

Specifically, the $121.9 billion increase in private, mostly nonfarm, inventories in the first quarter.

Cutting to the punchline, this was the biggest inventory build in history.

Comment: The truth is that the predatory capitalism we have needs to be reset. But don't expect the psychos in charge to let it go without their typical 'control through chaos' antics. Check out:

  • Turning America into a battlefield: A blueprint for locking down the nation
  • Operation Jade Helm: Are US special forces training for martial law?
  • Why the Government is so afraid of the self-reliant



Snakes in Suits

Why the Government is so afraid of the self-reliant

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I'm sure many of you remember when armed "nuisance abatement teams" from Los Angeles County, descended upon the independent minded folks who were living in the desert outskirts of the city. For the "crime" of living off the grid and growing their own food, they were harassed with fines, and forced to leave their homes at the barrel of a gun. It was probably the most dreadful moment for the prepper community in recent memory. Many of us would love to leave the city and live free of the system, but stories like that remind us that no matter where we go, the long arm of the government may be waiting to drag us back into the fold.

We have to ask ourselves, why does the government hate, nay fear, the self-reliant? On the surface it doesn't make sense. It's outrageous and has no practical value. Every person who is self-reliant is one less person the government has to provide for; and when disaster strikes, it takes some weight off of their disaster relief efforts.

Comment:




Heart - Black

Why I killed Jeffrey Dahmer

Jeffrey Dahmer and Christopher Scarver
© Getty ImagesJeffrey Dahmer and Christopher Scarver
Serial killer Jeffrey Dahmer was done in by his uncontrollable lust for human flesh, the man who whacked him in prison 20 years ago told The Post, revealing for the first time why the cannibal had to die.

Christopher Scarver — who fatally beat the serial killer and another inmate in 1994 — said he grew to despise Dahmer because he would fashion severed limbs out of prison food to taunt the other inmates.

He'd drizzle on packets of ketchup as blood.

It was very unnerving.

"He would put them in places where people would be," Scarver, 45, recalled in a low, gravelly voice.

"He crossed the line with some people — prisoners, prison staff. Some people who are in prison are repentant — but he was not one of them."

Bomb

The case that blew the lid off the World Bank's secret courts

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With two historic global trade deals almost complete, here's how Bolivian protesters and global activists exposed the dark side of global trade pacts and paved the way for the battles to come. It's time we end the corporate power play against our basic democracy.
There's an international awakening afoot about a radical expansion of corporate power — one that sits at the center of two historic global trade deals nearing completion.

One focuses the United States toward Europe — that's the Transatlantic Trade and Investment Partnership (TTIP) — and the other toward Asia, in the Trans-Pacific Partnership (TPP). Both would establish broad new rights for foreign corporations to sue governments for vast sums whenever nations change their public policies in ways that could potentially impact corporate profits.

These cases would not be handled by domestic courts, with their relative transparency, but in special, secretive international tribunals.

Comment: Comment: For more information on Trans-Pacific Partnership read:


Bizarro Earth

Small conscience: Israel evacuates surrogate babies from Nepal, leaves their mothers

surrogate baby
© Jack Guez—AFP/Getty ImagesAn Israeli gay man carries his baby born to a surrogate mother in Nepal as he is cheered by relatives at Ben Gurion airport near Tel Aviv on April 28, 2015, following his repatriation from the quake-hit Himalayan nation.
An Israeli Boeing-747 returned from Nepal to Israel's Ben Gurion International Airport on Tuesday afternoon, and among its 229 passengers were 15 Israeli babies, all born within the past six weeks to surrogate mothers in Nepal.

Some of the babies were with their Israeli parents and others were cared for by Israeli passengers. None of the surrogate mothers were allowed to travel.

The infants' arrival completed the evacuation of 26 surrogate Israeli babies from Nepal, where a devastating earthquake on Saturday killed more than 4,000. The rescue process, coupled with widely published photos of the newborns being cradled by Israeli medics on the Tel Aviv tarmac, has thrust Israel's reliance on Nepalese surrogates into the spotlight, revealing a little known link between Nepal and Israel and starting a debate here about the ethics of international surrogacy.

Comment: Why the selective empathy? Palestinians have been wondering the same thing for generations.


Eye 2

Child psychopath? Teen who stabbed sleeping 9-year-old did it to "see what it was like"

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William Shultz, 18, of Discovery Bay, Calif., (Contra Costa County Office of the Sheriff)
In an exclusive jailhouse interview Monday, 18-year-old William Shultz calmly confessed to stabbing to death his best friend's 9-year-old brother while the boy slept, saying he wanted to learn what it was like to kill a human being before the coming end of the world.

In measured tones, Shultz smiled as he described his family's increasing concern over his odd behavior and mental health in the past month, culminating with a brief hospitalization at the county hospital Saturday, before he said a doctor discharged him and sent him in a cab to his mother's Discovery Bay home. An argument with his mother led him to the Almgren residence, where he spent Saturday night before stabbing Jordon Almgren early Sunday morning, the teen said. Jordon's older brother had been his best friend since sixth grade, he said.

"I wanted to see what it was like to take a life before someone tried to take mine," said Shultz, wearing his yellow, jail-issued jumpsuit and a buzz cut.

Shultz was arrested Sunday on suspicion of Jordon's murder, and is being held on $1 million bail in the County Jail in Martinez.

Sheriff's deputies received the stabbing report at about 10 a.m. Sunday at Jordon's house on the 1900 block of Frost Way, but when they arrived, family members had already brought the boy to a medical center. Shultz, who had spent the night at Jordon's home, was identified as the suspect, and a sheriff's spokesman said he attacked the boy overnight for "unknown reasons."

Red Flag

Smoke from forest fires in Chernobyl could spread dangerous radiation far and wide

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Smoke from burning forests in the Chernobyl exclusion zone is capable of spreading contaminants across great distances, even after the fire has been stopped, ecology experts told RT.

The forest fire near the crippled Chernobyl nuclear power plant started on Tuesday and triggered an emergency alert, with police and National Guard mobilized to bring the flames under control.

By Wednesday, the country's Emergency Ministry, as well as the prime minister, who went to the affected area, said the spread of the fire had been stopped and firefighters were containing the remaining flames. Later on Wednesday, Ukrainian TV reported the flames in areas containing radioactive waste have been put out. New hot spots were discovered, but they are outside the exclusion zone.

The fire occurred within 30 kilometers of the Chernobyl power plant, inside the exclusion zone which was abandoned and cordoned off almost 30 years ago. In 1986, an explosion and fire in Chernobyl's Reactor 4 caused a release of radioactive particles into the air, which contaminated the surrounding area and caused an increase in radiation levels in Russia, Ukraine, Belarus and across Europe. It was the worst ever nuclear disaster in terms of casualties and clean-up costs. The crippled reactor itself was sealed under a sarcophagus of reinforced concrete.

Although the sarcophagus remains untouched by the fire, decades-old contaminants could still be released and travel far and wide, borne aloft by the smoke, nuclear safety expert John H. Large told RT:


V

Baltimore protests: Violent demonstrations or demonstrations against injustice and violence?

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© Reuters/Shannon StapletonDemonstrators run by a damaged Baltimore police vehicle during clashes in Baltimore, Maryland April 27, 2015
Successive US governments have tried to refashion the world in America's image. Meanwhile, they've ignored the domestic race issue, which has now exploded again.

I know what the anti-RT brigade in the corporate media are expecting here. They imagine I'll take great satisfaction from current events in Baltimore. No, I don't. There's nothing good about watching a nation or city fragment along ethnic or racial lines.

Just as there's no joy in Ukraine's current predicament, where the State Department stoked festering ethnic tensions and destroyed a country. Nor was there anything positive about the civil war that raged in Ireland's north-east corner when I was growing up a couple of hundred miles south.

Throughout history, countries and empires have waged war. Sadly, it continues today, both overtly and covertly. However, no international conflict ever leaves behind the bitterness that lingers after a Civil War or matches the ferocity of contemporaneous feeling when a tribe splits. In America and Europe, there are still exiled White Russian families who won't talk to those they consider 'Reds' and Irish Catholics in Boston who wouldn't date a Protestant. Of course, it's boneheaded, but it happens.

Chalkboard

"Every Child Achieves Act of 2015," a heartless congressional blunder!

robots
© www.theguardian.com"Deliverology" Children in the next generation.
A Teacher's Per­spec­tive on the "Every Child Achieves Act of 2015"

The "Every Child Achieves Act" has passed unan­i­mously out of the Health, Edu­ca­tion, Labor, and Pen­sion Com­mit­tee in the Sen­ate. The usual sus­pects are singing its praises while the peo­ple who actu­ally read all 601 pages of the bill are dread­ing its implementation.

This bill is an affront to every­one who loves chil­dren. The teach­ing pro­fes­sion requires love and patience and cre­ativ­ity. Real teach­ing to inspire real learn­ing requires these traits. Con­tin­u­ous com­puter test­ing for com­pli­ance to a pre­scribed out­come does not. In fact, love and cre­ativ­ity will get in the way of imple­ment­ing this one-size-fits-all exper­i­men­tal disaster.

Any­one who loves chil­dren would not want to sub­ject chil­dren to this cre­ativ­ity crush­ing soul suck­ing sys­tem. This bill funds lots of test­ing and lots of inter­ven­tions for "at risk" stu­dents, which appar­ently includes every­one who doesn't ace the Com­mon Core assess­ments - in other words, everyone.

Any­one who thinks this is a good idea that will lead to improved learn­ing for stu­dents clearly knows noth­ing about human nature or any of the proven analy­sis of W.E. Dem­ing. Top down qual­ity con­trol mea­sures that rely on a sys­tem of pun­ish­ments and rewards plac­ing every­one in a com­pet­i­tive atmos­phere do not even work in the busi­ness world for which they were designed.

Comment: Have our children become products to be inspected, stamped, dated and sold to the highest funder? Can we see the pathological handprint here? Let's create robot worker children who esteem to claw their way to the top without an original thought or creative promise. By the book. By the numbers. Can we surmise that any emotional variance will be punished out and any selfish manipulation will bring praise and reward? And, we will wake up one morning and not know or recognize our kids. They will be the manifestation of a cold and heartless system.


Airplane

Glitch in iPad software affects dozens of American Airlines flights

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© Reuters / Robert Galbraith
An issue with the software on Apple iPads used by American Airlines pilots affected dozens of flights on Tuesday evening, representatives for the airline say.

"Some flights are experiencing an issue with a software application on pilot iPads," the Texas-based airline explained on Twitter late on Tuesday after passengers began complaining about delays.

"In some cases, the flight has had to return to the gate to access a Wi-Fi connection to fix the issue. We apologize for the inconvenience to our customers. We are working to have them on the way to their destination as soon as possible," Andrea Huguely, a spokesperson for American Airlines, later clarified to the Verge.

The airline didn't give specific numbers, but another spokesperson told the Verge that "a few dozen flights" had been affected by the issue. According to updates posted to Twitter by a husband and wife who had planned to fly from Dallas to Austin, they heard that American's entire fleet of Boeing 737s had been grounded over the issue.
@bjacaruso Some flights are experiencing an issue with a software application on pilot iPads. We'll have info about your departure soon.

— American Airlines (@AmericanAir) April 29, 2015