The Pound looks likely to collapse during the upcoming Tory Party conference
Theresa Mays Brexit plans in disarray as Amber Rudd and Damian Green refuse to back 'toxic' plan to curb EU migration
Theresa May’s Brexit plans were in disarray on Wednesday night as two of her most senior ministers distanced themselves from leaked immigration policies amid a backlash from Brussels and business leaders.
Financial Markets are looking for reassurance.
Instead they have been treated to David Davis.
Amber Rudd will remember her speech about companies having to report the amount of foreign staff on their books.
This policy was a disaster – but the Government don’t seem to have learnt a thing.
As a run on the pound is inevitable, it would be good to hear from Labour how they would react.
Today’s FT has an excellent piece on Social Cleansing in Silicon Valley.
It made me think of Jamie Bartlett‘s BBC Show, The Secrets of Silicon Valley.
— Jamie Bartlett (@JamieJBartlett) August 6, 2017
I’ve only seen episode one in which Bartlett interviews the young head of Y Combinator — a Silicon Valley venture capital company.
The conversation quickly moves from automation and disruption to universal basic income.
Old school socialists believe in economies that produce jobs.
This puts them at odds with Silicon Valley tech entrepreneurs.
But a read of the today’s FT’s Silicon Valley social cleansing report shows how little of its Dublin cash pile or attention span Apple spends on cleaning its footprint.
Forget the filter bubble, the FANGS are only after your blood and your eyeballs so you can share your status and press like while they geographically displace you on a basic income ready for your new role as fresh faced contributor to the Organ Trafficking Market.
Meanwhile the Vampire Squid gets ready for its ‘alumnus’ Gary Cohn’s imminent contribution to Public Service as the likely next head of the Fed where he will run interest rates and QE so as to take getting high off your own supply Zombie Economics to a whole new level.
Have financial cannibalism, nepotism, necrophilia & incest become so normalised that we barely register – let alone resist?
Do Boiling Frogs dream of Red Tape?
Meanwhile Amazon and Whole Foods are slashing food prices in the organic food space while Google team up with Wal Mart.
So now the unemployed can eat organic food with their Basic Income. Of course.
I don’t mean to sound alarmist or anything but in the history of financial and non-financial regulation, has any institution existed that has been able to stand up to these all-powerful conglomerates and actually create anything that remotely protects human beings and the planet from the self destructive logic of pure financialisation?
Would the Kurdish resistance movement in Syria (currently US backed) count?
They’re fighting ISIS who also seem to be US-backed so I see some problems with this simplistic analogy – but good effort.
The UN and the EU seem to be far too captured to put anything forward that will question the logic or values of the Transnational, US and Corporate lobby.
The EU illegal state-aid case against the Apple and Ireland arrangement that allows Apple to avoid paying any tax anywhere is going nowhere.
And all the media is bought up by very stock market players they are supposed to be reporting on.
Bezos bought the Washington Post and Mrs Jobs just bought the Atlantic.
If it’s Breitbart Vs the New York Times, Economist & FT then we will never find a solution.
Bannon isn’t anti-tech. He’s just pro-White People dominating global politics and Economics.
How different is that to the people at Facebook, Apple, Amazon and even Google and Microsoft (the last two firms are run by Indians)?
Hillary was supposed to be the Shareholder / Wall Street candidate.
But Trump is about to appoint a Goldman banker to run the Fed, so what difference does it make?
(Spaking of California, in the UK we seem destined for our very own Snoop Moggy Mogg)
It looks like the Vampire Squid has launched a counter-coup within the White House.
May I suggest revisiting Matt Taibbi’s permanently relevant Great American Bubble Machine.
The existence of tools such as language and numbers ultimately haven’t been used to liberate us from this wanton destruction.
I wonder why.
Perhaps this is how it is all supposed to be – we ought know our place and only ever articulate the unchanging desire to continue conspiring to keep everything moving on its current path..
What links the 222 million Euros Qatari-owned Paris Saint Germain paid Football Club Barcelona for a footballer by the name of Neymar with unconventional oil, gas, and monetary policy, and an obscure mathematical function derived by a 19th Century German Professor named Weierstrass?
German Hip Hop band BSMG have just done a tune called Jesse Owens.
I don’t speak the language. But the name Owens reminds me of:
I recall seeing Robert Owens out and about in London 10 years ago – and of course hearing this on old mixtapes:
So what did actually happen when Jesse Owens went to the 1936 Berlin Olympics?
It appears the Germans loved him and Hitler didn’t really snub him.
But why let the truth get in the way of a good story?
Nice music here – not sure about the content.
This is a German Public Radio drama about a Neo-Nazi.
I don’t understand German but the production, sound especially, is fiendishly tight.
Die Projektile, mit denen ein Neonazi erschossen wird, passen zu einem ungelösten Mord an einer Polizistin. Wurde der damals Verdächtige als V-Mann ...
Production seems to be by Haarmann.
Butcher of Hanover
No relation to the butcher of Hanover I assume — Fritz Haarmann.
As immortalised by Fritz Lang in M:
All this talk of Deutsch-ness, kaos und order, stumbled me upon this.
According to the Wall Street Journal Donald Trump plans to combat the US opioid crisis.
It was only the other day that Janet Yellen, Chairman of the Federal Reserve, mentioned that the opioid crisis was undermining the US labor market.
How funny that a hundred years after the British imposed the opium war on China that the latest round of opioids are undermining the United States while China is still growing.
German car firms have been hit by recent emission fraud scandals
Carmakers’ troubles shake Germany’s national psyche
and the appearance of the electric car:
But where are these new cars going to get their electricity?
Britain’s relying on China and France to deliver the Hinkley Point Nuclear power station as no British firm has put itself forward.
Experts fear rise will prompt another round of increases after Centrica sanctions average annual dual fuel bill rise of 7.3% to £1,120
And UK gas prices are going up despite global oil and gas prices being extremely low.
So seeing as Chancellor Merkel has banned the generation of Nuclear power following Fukushima,
Angela Merkel was forced to revisit a low point of her chancellorship after Germanys top court threw out a 2011 levy on nuclear operators, handing her opponents a stick to beat her with in an election year.
Germans could soon find themselves in decarbonised driverless Teslas that run on fossil fuel and French nuclear generated power.
Once at the heart of the US consumer experience, the ubiquitous mall is in crisis. Of 1,200 across the country, just 50% are expected to be in business by 2023
If Socrates was against writing – what would he have made of Amazon?
Scientific American Blog Network
Jamaica is only allowed to legally grow Marijuana now that it is already well established in US law. US firms have been granted licence to grow and experiment in Jamaica.
A fifth of the applications for ganja licences have got conditional approvals from Cannabis Licensing Authority (CLA), while two licences have...
For some reason Food and Brexit doesn’t get discussed in the news but as many of us will wind up eating food from fertilisers I think it’s worth a mention.
— BHP (@bhp) July 17, 2017
When Vulture Capitalists start talking about ousting fatcat CEOs because they are overspending on entering fertiliser markets that looks like a sign that food prices are going up in the not too distant future.
What else can be gleaned from this?
I am much more interested in this than I normally would be thanks to the work of Public Interest Researcher Helena Paul who has commented on the link between Agri-Business and War.
Real Media interviewed Helena for Real Media earlier this summer: