JP Morgan’s Silver Stockpile

Why in the world has JP Morgan accumulated more than 55 million ounces of physical silver?  Since early 2012, JP Morgan’s stockpile has grown from less than 5 million ounces of physical silver to more than 55 million ounces of physical silver.  Clearly, someone over at JP Morgan is convinced that physical silver is a great investment.

But in recent times, the price of silver has actually fallen quite a bit.  As I write this, it is sitting at the ridiculously low price of $15.66 an ounce.  So up to this point, JP Morgan’s investment in silver has definitely not paid off.  But it will pay off in a big way if we will soon be entering a time of great financial turmoil…

http://www.activistpost.com/2015/04/why-is-jp-morgan-accumulating-biggest.html

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Bernie Sanders On America’s Problems

American Politics: A House Of Mirrors

A house of mirrors is an immersive, highly distorted and intentionally confusing version of reality. Those walking its corridors are sometimes amused and sometimes frightened by the disorienting experience, but luckily for them, it is only temporary. There is an exit, and they will walk through it, back to reality.

But what if one existed their entire lives in such a distorted reality and knew of no exits? Would they convince themselves that these distorted images reflected back at them were in fact reality no matter how unnatural they appeared? Could they convince themselves to enjoy and even embrace this distorted reality?…

http://www.activistpost.com/2015/04/american-politics-house-of-mirrors.html

Australia: Don’t Say “Genocide”

Australia has again declared war on its Indigenous people, reminiscent of the brutality that brought universal condemnation on apartheid South Africa.  Aboriginal people are to be driven from homelands where their communities have lived for thousands of years. In Western Australia, where mining companies make billion dollar profits exploiting Aboriginal land, the state government says it can no longer afford to “support” the homelands.

Vulnerable populations, already denied the basic services most Australians take for granted, are on notice of dispossession without consultation, and eviction at gunpoint. Yet again, Aboriginal leaders have warned of “a new generation of displaced people” and “cultural genocide”.

Genocide is a word Australians hate to hear. Genocide happens in other countries, not the “lucky” society that per capita is the second richest on earth. When “act of genocide” was used in the 1997 landmark report Bringing Them Home, which revealed that thousands of Indigenous children had been stolen from their communities by white institutions and systematically abused, a campaign of denial was launched by a far-right clique around the then prime minister John Howard. It included those who called themselves the Galatians Group, then Quadrant, then the Bennelong Society; the Murdoch press was their voice.

The Stolen Generation was exaggerated, they said, if it had happened at all. Colonial Australia was a benign place; there were no massacres. The First Australians were victims of their own cultural inferiority, or they were noble savages. Suitable euphemisms were deployed…

http://www.counterpunch.org/2015/04/24/the-secret-country-again-wages-war-on-its-own-people/

 

The TPP And The Death Of The Republic

“The United States shall guarantee to every State in this Union a Republican Form of Government.”

— Article IV, Section 4, US Constitution

A republican form of government is one in which power resides in elected officials representing the citizens, and government leaders exercise power according to the rule of law. In The Federalist Papers, James Madison defined a republic as “a government which derives all its powers directly or indirectly from the great body of the people . . . .”

On April 22, 2015, the Senate Finance Committee approved a bill to fast-track the Trans-Pacific Partnership (TPP), a massive trade agreement that would override our republican form of government and hand judicial and legislative authority to a foreign three-person panel of corporate lawyers.

The secretive TPP is an agreement with Mexico, Canada, Japan, Singapore and seven other countries that affects 40% of global markets. Fast-track authority could now go to the full Senate for a vote as early as next week. Fast-track means Congress will be prohibited from amending the trade deal, which will be put to a simple up or down majority vote. Negotiating the TPP in secret and fast-tracking it through Congress is considered necessary to secure its passage, since if the public had time to review its onerous provisions, opposition would mount and defeat it…

http://www.counterpunch.org/2015/04/24/the-trans-pacific-partnership-and-the-death-of-the-republic/

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