“All I Have Is Hunger” – Many Venezuelans Too Weak To Protest Despite Maduro Misery

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While tens of thousands of angry Venezuelans turned out for the ‘mother of all protests’ yesterday, facing an increasingly hostile military/police state, the numbers could have been significantly larger but for the fact that legions of poor Venezuelans are simply too frail from starvation to protest.

Some say they are intimidated by armed pro-government militias who scour the slums for signs of dissent. Others say they are afraid to lose the few food handouts the cash-strapped government still provides.

“We wear our protest on the inside for the fear of losing our bag of food,” said San Félix resident Luisa Gutiérrez, a single mother of three. Continue reading

Rome on verge of WAR between migrants and the poor, mayor of Italy’s capital warns

ROME is on the verge of war as friction grows between poor Italians and and an increasing number of migrants, the city’s mayor has warned.

Virginia Raggi told an immigration summit of European city leaders mayors need to be the first to welcome refugees with “warmth, shelter and accommodation”.

She was speaking just days after a Moroccan family was prevented from moving into a council flat given to them by the authorities after neighbours shouted: “We do not want these n*****s.” Continue reading

Panicked super rich buying boltholes with private airstrips to escape if poor rise up

In case you missed the memo (article updated):

 

With growing inequality and riots such as those in London in 2011 and in Ferguson and other parts of the USA last year, many financial leaders fear they could become targets for public fury.

Robert Johnson, president of the Institute of New Economic Thinking, told people at the World Economic Forum in Davos that many hedge fund managers were already planning their escapes.

Continue reading

Pope Francis leading the new American (Socialist) Revolution

What has taken its place of Adam Smith’s Capitalism is crony Capitalism, as said by JR Nyquist. Capitalist Communists have taken over the economy and killed Capitalism a while ago.

 

Yes, Pope Francis is encouraging civil disobedience, leading a rebellion. Listen closely, Francis knows he’s inciting political rebellion, an uprising of the masses against the world’s superrich capitalists. And yet, right-wing conservatives remain in denial, tuning out the pope’s message, hoping he’ll just go away like the “Occupy Wall Street” movement did.

Pope Francis is not just leading a “Second American Revolution,” he is rallying people across the Earth, middle class as well as poor, inciting billions to rise up in a global economic revolution, one that could suddenly sweep the planet, like the 1789 French storming the Bastille. Continue reading

FEDEWA: Savage versus the pope

Conservative radio talk show host Michael Savage is quoted by Newsmax (May 12) as calling on Pope Francis to begin the “legitimate” redistribution of wealth by monetizing the wealth of the Vatican and distributing the proceeds to the poor.

This rant was in response to the pope’s recent speech to the U.N. secretary-general and officials urging them to promote a “worldwide ethical mobilization” of solidarity with the world’s poor. The pope said that the U.N. should seek the “legitimate redistribution of economic benefits by the state, as well as indispensable cooperation between the private sector and civil society” in order to achieve a more equitable distribution of wealth.

Savage then went on to describe U.S. taxation in relation to the poor as more than adequate, and called the pope “Karl Marx in a papal outfit.” Continue reading

China poised to pass US as world’s leading economic power this year

The US is on the brink of losing its status as the world’s largest economy, and is likely to slip behind China this year, sooner than widely anticipated, according to the world’s leading statistical agencies.

The US has been the global leader since overtaking the UK in 1872. Most economists previously thought China would pull ahead in 2019.

The figures, compiled by the International Comparison Program hosted by the World Bank, are the most authoritative estimates of what money can buy in different countries and are used by most public and private sector organisations, such as the International Monetary Fund. This is the first time they have been updated since 2005. Continue reading

Pope: I knew good Marxists; label doesn’t hurt me

Pope Francis is shrugging off the “Marxist” label that some ultra-conservatives might apply to him because he frets that economic growth doesn’t always help the poor. Continue reading

“Major Shortage Of Physical Gold” Has Fed Greatly Concerned

As the world awaits the Fed’s decision, today a 42-year market veteran told King World News there will be no tapering and that the gold will soar “after the Fed has surprised the market tomorrow.”  Greyerz also warned KWN that to further complicate matters for the Fed, there is a “major shortage of physical gold” ahead of their decision.  Below is what Egon von Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say.

Greyerz:  “Eric, it is important to consider what the truly important factors are that will determine what will happen to the world, its people, and to the global economy.  If we look around, what do we find?  We find a world that is financially, politically, and morally bankrupt. Continue reading

American Economic Calamity Predicted in 1857

The Great British historian, Lord Macaulay, predicted the future unraveling of the United States economy in a letter written in May 1857. Macaulay’s prediction was based on his analysis of American institutions. Discussing the life of Thomas Jefferson with an American author, Macaulay wrote, “You are surprised to learn that I have not a high opinion of Mr. Jefferson, and I am surprised at your surprise. I am certain that I never wrote a line, and … uttered a word indicating an opinion that the supreme authority in a state ought to be entrusted to the majority of citizens [counted] by the head; in other words, to the poorest and most ignorant part of society.”

According to Macaulay the United States was becoming increasingly democratic throughout the nineteenth century. And this tendency, he argued, was dangerous to liberty and to the country’s economic well-being. As Macaulay explained, “I have long been convinced that institutions purely democratic must, sooner or later, destroy liberty or civilization, or both.” Continue reading