Re-Blogged From The Silver Institute
From Thomson Reuters – Re-Blogged From Newsmax
U.S. state unfunded pension liabilities hit $1.3 trillion in fiscal 2016, a $56 billion or 4.5 percent increase over the previous fiscal year, Moody’s Investors Service reported.
By Charles Thorngren – Re-Blogged From http://www.Gold-Eagle.com
Whistleblowers run a two-pronged battle – on the one hand they are lauded for their honesty in exposing wrongdoing in the fields in which they are involved – on the other, they are hated and despised for their actions by those who want to cover misdeeds, or preserve the status quo.
The world of finance has a long history of such characters – some, like Michael Lewis, the ex-bond salesman from Wall Street, who worked for Salomon Brothers in the 1980s and exposed the work practices and ethos which subsumed banks and trading houses – have made their fortunes by such whistleblowing.
Others, like Hervé Falciani, an employee of HSBC’s Swiss private bank, who opened the door onto the bank’s money laundering techniques, and gave details of the hidden accounts of 130,000 wealthy individuals to the tax authorities, was jailed for 5 years for his activities.
By David Middleton – Re-Blogged From http://www.WattsUpWithThat.com
The purveyors of greenschist (a geologically inspired euphemism for green sh!t) seem to have an obsession with a phrase that they clearly do not comprehend: Tipping point.
Electric Cars Reach a Tipping Point
Sep 10, 2017
Say goodbye to gasoline. The world’s slow drift toward electric cars is about to enter full flood.
China, one-third of the world’s car market, is working on a timetable to end sales of fossil-fuel-based vehicles, the country’s vice minister of industry and information technology, Xin Guobin, told an industry forum in Tianjin on Saturday. That would probably see the country join Norway, France and the U.K. in switching to a wholly electric fleet within the lifetime of most current drivers.
By Mark O’Byrne – Re-Blogged From http://www.Silver-PHoenix500.com
- President Maduro ‘ Venezuela will create a basket of currencies to free us from the dollar,”
- Oil traders ordered to stop accepting U.S. dollar in exchange for crude oil
- Order comes following calls from Russia and China to find alternatives to current reserve system
- U.S. Dollar accounts for two-thirds of global trade
- Venezuela has over ten-times more oil than United States
- Super powers are gradually turning to gold to avoid using world’s main reserve currency
- Are we seeing the beginning of the end for the U.S. dollar?
Foreword by Anthony Watts -Re-Blogged From http://www.WattsUpWithThat.com
This essay is written by a student at the University of Wyoming, who finds herself in the middle of a set of circumstances that are pushing her further into the realm of being a climate skeptic. It is an eye-opening read. I have verified the identity of the student, but per her request (due to the backlash she fears) I am allowing her to write under the pen name of “Clair Masters”
Guest essay by Clair Masters
The class was languid, most kids were on their phones, or surfing Facebook on their laptops. I sat with my notebook open in front of me, empty except for the lecture title at the top of the page. The professor put a slide up on the projector showing a chart relating CO2 and temperature over the course of a few million years, the one we’ve all seen by now. The CO2 curve lags after the Temperature one, and anyone’s first reading of the chart would probably be that temperature is driving the CO2 changes, not the other way around, if there is any trend at all. I perked up slightly, it was new for a professor to show alternate data, and looked around expectantly at other students, waiting for some kind of reaction—confusion, frowns, anything to show they’re seeing something that fights what we’ve been told since elementary school. I saw a few yawns, dull stares, people on their phones, though one loud girl who was a religious global warming fanatic was glaring at the slide, slouching in her seat so her hand could pet her (dubiously trained) service dog.