In some places throughout the world, paying with cash is becoming virtually impossible. And though many people in the U.S. are fighting to hold on to cash as a viable payment option, mobile and electronic alternatives are quickly becoming the norm here as well.
A BBC report on Thursday revealed that it’s becoming increasingly difficult to use cash for transactions in places like the Netherlands and many Scandinavian countries.
Take, for example, what the report says about Sweden:
Citing the high costs of handling cash and security concerns, many Swedish stores have already abandoned their cash tills, including telecommunications giant Telia Company, whose 86 shops nationwide stopped accepting cash in 2013. The country’s buses haven’t accepted currency from passengers for years, and even homeless magazine vendors accept card and mobile payments these days. Read more »(413 words, estimated 1:39 mins reading time)
As U.S.-Russia relations continue to deteriorate ahead of the 2016 presidential election, Kremlin officials are now accusing the Pentagon of siding with terrorists in the Middle East.
This week, State Department spokesman John Kirby warned that if Russia doesn’t cooperate with the U.S. in Syria, Moscow could be in danger of a terror attack.
“Extremists and extremists groups will continue to exploit the vacuums that are there … which will include, no question, attacks against Russian interests, perhaps even Russian cities, and Russia will continue to send troops home in body bags,” he said.
Officials at the Russian Foreign and Defense Ministries responded, saying that sounded a lot like a threat.
“We can’t assess those statements as anything else but a call, a directive for action,” Foreign Ministry spokeswoman Maria Zakharova said. Read more »(333 words, estimated 1:20 mins reading time)
Hollywood has created a pretty standard caricature of the American prepper. Heavily armed, gratuitously paranoid and prone to lengthy monologues about government conspiracies — think Dale Gribble from the animated King of the Hill series or Burt Gummer from the Tremors movie franchise.
The version of the prepper elites have created is disingenuous — and they know that’s true more than anyone. You’re more likely to find a well-supplied bunker in the home of a Hollywood director or Silicone Valley billionaire than on the off-the-grid compound of some tinfoil-hatted desert dweller.
That’s the gist of a new piece published in Hollywood Reporter which reveals that companies specializing in the construction of underground bunkers are currently overwhelmed with projects from Oscar winning actors, sports stars and tech billionaires like Bill Gates.
Recently we’ve seen the markets gyrate significantly and now it’s time for you to get some gold in your portfolio, if you haven’t already.
Gold was trending lower over the last month, but that will turn around as the Federal Reserve starts pushing to raise rates and stock and bond market volatility amp up.
These two issues will be the key developments in this upcoming quarter of the year.
First, the Fed wants to raise rates based on some imaginary numbers it is looking at. A new Census Bureau report said that the average wage was up significantly in 2015 and fewer people were living in poverty.
The only problem is, workers’ annual wages are still below what they were before the Great Recession and there are more people in poverty than during the same period. Basically, income was up but it doesn’t mean much. Yet the Fed is buying into this nonsense. And that will lead to significant market volatility. Read more »(780 words, estimated 3:07 mins reading time)
A former Army Special Operations officer says the Obama administration’s inability to officially say the U.S. has a no-first-use nuclear policy is a sign that military top brass want to antagonize Russia and China.
Asked about whether he thought it was a good idea for U.S. leaders to unequivocally pledge that the nation would only use nuclear weapons in a defensive capacity, Defense Secretary Ash Carter told reporters:
“It has been the policy of the United States for a long time to extend the – its nuclear umbrella to friends and allies and — thereby to contribute to the deterrence of conflict and the deterrence of war and many of our friends and allies have benefited from that over time. And our future plans will retain for the United States the capability to meet those alliance commitments in the future.” Read more »(507 words, estimated 2:02 mins reading time)
During this week’s presidential debate, GOP hopeful Donald Trump called the North American Free Trade Agreement “the worst trade deal maybe ever.” And it’s worth noting that if the candidate gets his way and reworks NAFTA, the changes could provide a partial remedy to the U.S.’s illegal immigration problem.
Trump is being labeled as an anti-trade protectionist for pointing out that NAFTA is partially responsible for an exodus of some manufacturing jobs from the U.S. to Mexico where labor is considerably cheaper.
It’s been difficult for economist to pin down exactly how much NAFTA has affected the U.S. labor market— conservative estimates suggest that around 700,000 production jobs have been exported to Mexico since the trade deal’s 1994 finalization.
But what is perhaps more important than the jobs lost to NAFTA is how it simultaneously forced an uptick of illegal immigration to the U.S. Read more »(646 words, estimated 2:35 mins reading time)
There are a host of reasons to avoid vaccines, and I have written about them over the years. Vaccines are contaminated with aluminum, mercury, formaldehyde and monkey viruses. They cause autism, Guillian-barré Syndrome and cancer. They destroy natural immunity, and on and on.
Here’s another reason to add to your list. Vaccines have been found to contain glyphosate.
Research scientists Anthony Samsel and Stephanie Seneff, who have been writing a series of peer-reviewed papers on glyphosate, collected a number of samples of various vaccines and sent them to multiple labs for testing. What they found was that many of the vaccine samples tested contained glyphosate.
Glyphosate is the active ingredient in Monsanto’s herbicide, RoundUp®. Many genetically modified crops – including soybeans, rapeseed, corn, cotton, sugar beets and alfalfa – are made to be resistant to RoundUp so that fields can be sprayed to knock down weeds without harming the crops. Read more »(467 words, estimated 1:52 mins reading time)
“All the world‘s a stage, and all the men and women merely players.” — William Shakespeare’s As You Like It, Act II Scene VII.
Awards for best performance by a male and female in 2016 are being polished and will be presented to two veteran actors who both have put in the performance of their lifetimes. I’m speaking of Democratic presidential nominee Hillary Clinton and Republican presidential nominee Donald Trump in Election 2016.
Not since Elizabeth Taylor and Richard Burton were in Who’s Afraid of Virginia Woolf? have such great actors been in the same production. Virginia Woolf dealt with illusion and reality. Election 2016 focuses solely on an illusion.
The Clinton/Trump performance is all the more remarkable when you consider they have been close friends for decades and are members of America’s 1 Percent Club. They can stay in character and portray their concerns for everyday Americans as if they really felt them. Read more »(1212 words, estimated 4:51 mins reading time)
Asked to rate GOP presidential hopeful Donald Trump’s Monday debate performance, former Mexican President Vicente Fox called the candidate a danger to the entire world.
Leaving unanswered why we care what a former Mexican president thinks about the current U.S. election, The Washington Post reached out to Fox on Tuesday to have him rate Trump’s performance.
The U.S.’s political left has continuously used Fox as a pawn since he garnered outsized attention in May for an expletive-laden denouncement of Trump’s plan to secure the southern border.
“I’m not going to pay for the f**king wall,” Fox said at the time. “And please don’t take out the f**king full word.”
For Clinton supporters, his most recent comments on the Trump campaign were equally satisfying.
“My impression was the beauty and the beast,” Fox said of the debate. “Hillary Clinton was gracious, she looked very presidential, and he was very clumsy and poor in his presentation. … She really looked like a statesman, and he looked very poor.” Read more »(351 words, estimated 1:24 mins reading time)
Even before the presidential primaries reached fever pitch earlier this year, pundits declared Democrat Hillary Clinton her party’s inevitable nominee and predicted she’d go on to win the general election. But with the election just over a month away, Republican Donald Trump’s odds keep getting better and better.
One of the biggest problems emerging for Clinton is difficulty firing up Democratic voters put off by her mountain of scandals and the recent DNC email hack which revealed her collusion with party officials to hurt Vermont Sen. Bernie Sanders’ showing in the primary.
According to new polling data out from Gallup, the lack of voter enthusiasm is expected to bring Democratic voter turnout to a 16-year low in November.
Only 65 percent of American Democrats say they will definitely vote in the presidential election. That’s compared to 75 percent of Republicans. Among young voters, often seen as a major help in electing Democrats, the showing is expected to be even worse. Only 47 percent of 18-34-year-olds say they will definitely show up to help Clinton get elected. Read more »(822 words, estimated 3:17 mins reading time)
Donald Trump has spent his entire presidential campaign wooing gun owners with promises that he will protect the 2nd Amendment. Gun owners lapped it up.
During his kickoff speech in June 2015, Trump vowed to “fully support and back up the Second Amendment.”
“We’re going to cherish the Second Amendment,” Trump said during a May 7 campaign stop in Washington state.
“We love the Second Amendment, folks. Nobody loves it more than us, so just remember that,” Trump said to cheers and applause from his supporters who were gathered at the Treasure Island Hotel and Casino on the Las Vegas Strip.
“You have the constitutional right to keep and bear arms. You have that right and they want to take it away,” Trump said in January. Read more »(956 words, estimated 3:49 mins reading time)