Trump blocks sale of U.S. tech firm to China

 

Trump’s order stopped the proposed $1.3 billion sale of Lattice Semiconductor Corp. to Canyon Bridge Capital Partners, which the White House described as a “Chinese corporation owned by Chinese state-owned entities that manages industrial investments and venture capital.” Continue reading

Ex-border agents: Immigrant flood ‘orchestrated’

An organization of former Border Patrol agents Wednesday charged that the federal government, under the administration of President Obama, is deliberately arranging for a flood of immigrant children to arrive in America for political purposes.

“This is not a humanitarian crisis. It is a predictable, orchestrated and contrived assault on the compassionate side of Americans by her political leaders that knowingly puts minor illegal alien children at risk for purely political purposes,” said the statement released by the National Association of Former Border Patrol Officers.

“Certainly, we are not gullible enough to believe that thousands of unaccompanied minor Central American children came to America without the encouragement, aid and assistance of the United States government,” the officers said.

“Anyone that has taken two six- to seven-year-old children to an amusement park can only imagine the problems associated with bringing thousands of unaccompanied children that age up through Mexico and into the United States.” Continue reading

Four Reasons Why the Government Is Destroying the Dollar

The United States government has four interrelated motivations for destroying the value of the dollar:

1. Creating money out of thin air on a massive basis is all that stands between the current state of hidden depression, and overt depression with unemployment levels in excess of those seen in the US Great Depression of the 1930s.

2. It is the weapon of choice being used to wage currency war and reboot US economic growth.

3. It is the most effective way to meet not just current crushing debt levels, but to deal with the rapidly approaching massive generational crisis of paying for Boomer retirement promises.

4. Political survival and enhanced power for incumbent politicians.

In this article we will take a holistic approach to how individual short term, medium and long term pressures all come together to leave the government with effectively no choice but to create a high rate of inflation. If you have savings, if you rely on a pension, if you are a retiree or Boomer with retirement accounts – any one of these four fundamental motivations is individually a grave peril to your future standard of living. However, it is only when we put all four together and see how the motivations reinforce each other, that we can understand what the government has been and will be doing, and then begin the search for personal solutions.

Reason Two: To Hide A Depression

The second government motivation is to hide a depression, and while you wouldn’t know it from government press releases or media headlines, there has been a gaping hole in the US economy since 2008, as illustrated below:

During the first round of the financial crisis, the US private economy nearly collapsed, threatening to send the US economy straight into deep depression. We’re talking about a $1.3 trillion private sector collapse that was contained only by the government fantastically increasing the money it spent, even while tax revenues were falling. The creation of huge government deficits has been all that has maintained even a facade of semi-normalcy. Remove the mechanism of the government creating money so that it can spend what it doesn’t have, and it is straight to official Great Depression-level unemployment in months, as illustrated in the graph below.

Full article: Four Reasons Why the Government Is Destroying the Dollar (Financial Sense Online)