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Wed, 27 Oct 2021
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Dollar

Economic expert: International monetary system needs to be reset

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© Flickr/ Orse
The European Central Bank's 1.1 trillion-euro quantitative easing program has sent bond yields to below zero on securities from Germany to Spain - which is having a negative impact into German bunds.

Germany's government uses bunds to finance its spending. Long term bonds, those with durations of between ten and 30 years are issued the most. Bunds are auctioned off in the primary market and then traded in the secondary market.

According to Jefferies this means that more than 30 percent of all government debt in the Eurozone is trading on a negative interest rate.

That's two trillion euros worth of money that has been borrowed and must be repaid.

"It's an over-indebted global and European economy and that debt is weighing upon the growth function," says Chris Watling from consultancy Longview Economics.

"Productivity it terrible — it's a very sad growth mix for the global and European economy."

USA

Mass incarceration culture in the U.S. a result of authorities' stance towards minorities

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© Flickr/ telmo32
The US authorities' discriminatory attitude toward the poor and people of color contributed to the emergence of the current culture of mass incarceration, director of Prison Radio Noelle Hanrahan told Sputnik.

Prison Radio is an independent media content company aimed at challenging unjust police and prosecutorial practices which result in mass incarceration, racism and gender discrimination.

"The way the US deals with poor people and people of color... created this culture of mass incarceration," Hanrahan said, adding that in the last forty years the prison population in the United States increased tenfold to over two million inmates.

"One in forty six people in the US will make prison time, and one in ninety nine is currently incarcerated, and the massive incarceration has corrupted our society," Hanrahan said.

Butterfly

Los Angeles man who built tiny house for homeless woman, launches Tiny House Project LA

tiny house, homeless
A Los Angeles man built a tiny house for a homeless woman who'd previously been sleeping in the dirt down the street from his apartment.

Almost every day, 60-year-old Smokie visited Elvis Summers' apartment to ask if he had any recyclables. The pair soon developed a friendship, and when Summers discovered Smokie's sleeping situation he knew he had to help.

Summers said he became inspired one day after reading an article about a man in Oakland, California, who built tiny houses out of scrap material. The article prompted him to spend some money of his own to build a home for Smokie so she would no longer have to sleep in the dirt. Five days later, Summers presented the home to his friend.


"I had nowhere to really build it, so I just built it in the street outside of my apartment," he said. "The local LAPD cops have been super cool, and have told me they support it - as long as we move it to a different spot every 72 hours."

Comment: It's heartening to hear that their are still people with a conscience and enough creativity to help the homeless, particularly during times when so many cities are actively harassing them and even targeting those who try to help. Projects like these could make a huge difference to millions of lives if they were launched in cities across the world.

Utah is ending homelessness by giving people homes


Airplane

US Air Force jet mystery: Plane which 'disappeared' over English Channel lands safely after in-flight emergency

Boeing C-135 jet
© Getty
The Boeing C-135 jet is used to refuel other aircraft

A US Air Force refueling jet, Boeing KC-135R Stratotanker, has landed safely at British base after reportedly disappearing off the radar over the English Channel.


A US Air Force refuelling jet, the Boeing KC-135R Stratotanker has been reported as disappeared off the radar over the English Channel.

The jet left Amiens in northern France at 0.05am local time and was last reported by a flight tracking website to be flying between Dover and Calais.

Fifteen minutes after take-off, at 0.20am, the aircraft fell off the tracking website.

The jet however landed an hour later at RAF Mildenhall, the Royal Air Force station located near Mildenhall in Suffolk.

Comment: There have been other recent cases of planes suddenly 'disappearing' from radar. Last June, an air-safety investigation was launched after 13 planes flying over Europe disappeared from radar screens in two "unprecedented" blackouts, leading to reports stating air traffic control systems had been hacked.

Or is there an element of 'High Strangeness' to these incidents, like MH370?


Hardhat

Bumble Bee worker cooked to death with tuna batch

bumblebee tuna
© Image from bumblebee.com
Los Angeles prosecutors charged Bumble Bee Foods and two managers on Monday with violating safety regulations when a worker was cooked to death in an industrial oven with 12,000 pounds of tuna.

Both managers could face serve jail sentences and the company could be charged with a maximum fine of $1.5 million.

Jose Melena, 62, was performing maintenance work in 35-foot-long industrial oven at Bumble Bee's Santa Fe Springs plant in October 2012 when a co-worker, thinking Melena was on a bathroom break, filled the pressure cooker with thousands of pounds of canned tuna and turned it on.

According to a report by the California Division of Occupational Safety and Health (OSHA), Melena's supervisor then noticed he was missing. A search was conducted in the plant and parking lot before his body was found two hours later - after the oven reached a temperature of 270 degrees Fahrenheit.

Prosecutors charged the company and two managers each with three counts of violating OSHA rules: The violation of a safety plan, the violation of rules for workers entering confined spaces and the violation of safety procedures that ensure machinery and equipment are turned off when a worker is conducting cleaning or maintenance

The two managers could face up to three years in prison and fines of up to $250,000 if convicted of all charges. The company faces a maximum fine of $1.5 million.

Cloud Precipitation

Prepping is just common sense!

empty grocery store, prepping
Just how much damage can result from one severed wire? One crashed circuit board? A few errant keystrokes or transposed digits? It might surprise you to learn the magnitude of the impact of such a seemingly minor glitch.

With the incredible reliance we have on electronic communications, we are very vulnerable to system failures that could erupt in the event of a catastrophic interruption in telephone, data, or wireless communications. While much of the information moving in these networks is recreational, a huge proportion of it pertains directly to the distribution of food and other critical needs.

As simple as it seems to walk into a store and purchase items, the fact is that there are thousands of electronic components that must function without interruption in order to make those goods appear on a shelf.

After decades of this lifestyle, we take it for granted. We should not. Instead, we should all equip ourselves to survive for an extended period with no expectation of being able to buy anything--or even having money to buy it. In an article entitled "20 Facts that Prove the US Retail Sector is About to Collapse", theantimedia.org explains why.

So the logic behind hedging against such a disaster is sound, and the event isn't as unlikely as many would have you believe. Many of your neighbors may be well ahead of you on it.

Comment: Many people tend to dismiss 'preppers' as being too catastrophically minded. However, if one takes even a brief glimpse at the bizarre weather patterns that have been increasing globally and considers how quickly grocery stores might be emptied during even a short supply disruption, then those who are prepared seem much more grounded in reality. And, this does not even consider the potential for chaos that could ensue if the global financial system actually collapses, which is something that is highly likely to happen in the near future. Taking some precautions to insure your family will not suffer unnecessarily, is always wise.


Light Saber

Bullied Michigan teen defies school officials, reposts video about struggle with bullying, lack of support from administration

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© Screen capture
Dana Hamrick on You Tube
A Michigan teen who posted a video to Facebook complaining about lack of support from administrators at her high school who had failed to protect her from bullying, has reposted the video to YouTube after being told to take it down.

According to MyFoxDetroit, 16-year-old Dana Hamrick originally posted the video - where she tearfully explained that she is bullied on a daily basis at Harry Truman High School - only to be told later in the day to take it down by school officials.

In the video, an emotional Hamrick says, "One of the vice principals, he would threaten to suspend me for three days because I wasn't in the cafeteria getting bullied," adding, "I am sitting here, bawling my eyes out and you tell me to get out of your sight."

Two days later she reposted the video which had been seen by tens of thousands.

"I posted the video because I want people to know that bullying hurts," she explained. "It does, words hurt."


According to school officials, the morning Hamrick posted the video, her parents were contacted and a meeting was scheduled. Administrators said that they had offered support and an intervention for the teen months ago, but she had refused, saying she was afraid to name her attackers out of fear of retaliation.

Comment: Words do hurt - they actually damage the brain. See:

Sticks and Stones--Hurtful Words Damage the Brain


Syringe

While everyone watches California debate, Vermont sneaks bill eliminating vaccine exemptions into law

vermont anti-vaccine
With the public focused on the lobbyist-driven California Senate Bill 277 (SB-277), the Vermont Senate quietly eliminated vaccine exemptions Thursday with an 18-11 vote. Missing the starting gun, communities across America are now facing the political push to remove the barrier between their bodies and a private company's medical product. Attempting to squeeze every last drop of credibility from the "safe and effective" argument, senators across the U.S. appear to be ignoring the voices of their people in addition to over $3 billion of payouts in the U.S. alone from The National Vaccine Injury Compensation Program.

Recently, the population of Vermont, and the rest of the country, is swooning over the state's political representatives for enacting the nation's first mandatory GMO labeling law. After a short legal hang-up forced by corporate influence, the law will begin on July 1st, 2016. What better state to remove vaccine exemptions than one in which its politicians can do no wrong. As first reported by AgeofAutism:
"Friday, April 10th, Jennifer Stella, head of the Vermont Coalition for Vaccine Choice learned that Sen. Kevin Mullin, R-Rutland, and Sen. John Campbell, D-Windsor, had tried to tack the exemption removal language onto another bill. The move was ruled to be non-germane and was disallowed.

The following Tuesday evening Stella learned that another attempt was coming, this time to tack the bill onto a vaccination registry expansion bill that had already passed the house, and would be debated the following morning. By the time the bill (H98) hit the senate floor on Wednesday, a barrage of phone calls had been made to concerned parents, who showed up in the Senate Chamber ready to fight the measure. The bill surfaced as an amendment introduced, again by Senators Mullin and Campbell, and this time joined by Senator Sears, D-Windsor."

Comment: Let nothing get in the way of Big Pharma's profits.


Eiffel Tower

Muslim girl banned from school for wearing long skirt in France

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The case of a 15-year-old Muslim girl who was banned from class twice for wearing a long black skirt seen as too openly religious for secular France has sparked an outcry.

The girl was stopped from going to class earlier this month by the head teacher who reportedly felt the long skirt -- popular among some Muslim women who cover their whole body -- "conspicuously" showed religious affiliation, which is banned in schools by France's strict secularity laws.

"The girl was not excluded, she was asked to come back with a neutral outfit and it seems her father did not want the student to come back to school," local education official Patrice Dutot told AFP on Tuesday.

He added that the student always removed her veil before entering school premises in the northeastern town of Charleville-Mezieres, as is specifically stipulated by law.

According to the 2004 law that governs secularity in schools, veils, the Jewish kippa or large Christian crosses are all banned in educational establishments, but "discreet religious signs" are allowed.

Heart - Black

82-year old South Carolina woman dies of neglect; left to sit in chair for 6-months by 'care-giver' relatives

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© WYFF4.com
Barbara Beam's home
The caregivers of an 82-year-old woman allowed her to sit in the same chair, not moving for six months, until she died earlier this year in a home that smelled so bad that some of the first firefighters on the scene set up a fan by the door, authorities said.

Prosecutors are deciding whether to charge Barbara Beam's caregivers in her Jan. 2 death at her house in Greenville after the coroner's office ruled her death was homicide by neglect. She lived with her sister and nephew.

The officer called to Barbara Beam's home on Jan. 2 noted indentions on the back of her legs near her knees and body fluids staining the sunken seat of her chair, according to the police report.

The officer asked the sister about Beam's condition, and the sister said Beam "stays in the chair located in the bedroom and that she had not moved out of the chair for approximately six months," according to the report.

The sister told police that Beam refused to eat a few hours before her death and they watched a soap opera together in her bedroom before she went to the kitchen. When she returned, Beam was slumped in her chair and the sister and nephew could find no pulse, police said.

Comment: Elder abuse and neglect: Warning signs, risk factors, prevention, and reporting abuse