Tuesday, January 31, 2017

 

News Links, February 1, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
This chart shows how 8 billionaires have as much wealth as 3.6 billion people
Multiple airlines experiencing technical issues, delays
Delta, KLM and Virgin Air Lines are all experiencing delays caused by technical issues, according to a tweet from the John F. Kennedy International Airport.
Reminders of class inequity contribute to air rage, say researchers  
Tight seating, fuller flights, alcohol, fewer flight attendants, human nature: It's a recipe for disaster.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Officials Tell Conference US Will Remain a Pacific Power
Duterte: US Building Permanent Arsenal in Philippines
In comments which might suggest a rift between Philippines President Rodrigo Duterte and his defense secretary, the outspoken president accused the US of threatening regional stability by building "permanent" arms depots within the Philippines' territory.

## Migrants/refugees ##
Mexico Earmarks $50 Million to Back Migrants in US

## Global unrest/mob rule/angry people/torches and pitchforks ##
Trump Must Choose Between Farmers and 'Big Meat'

## Solutions ##
Why Our System Is Broken: Cheap Credit Is King
You want to fix the economic system, reduce political bribery and reduce rising income inequality? Shut off the cheap unlimited credit spigot to banks, financiers and corporations.

The suspect is neither Moroccan nor Muslim. The Moroccan individual, Mohamed Belkhadir, was actually one of the worshippers at the mosque and called 911 to summon the police, and played no role whatsoever in the shooting.
Julian Assange breaks pledge to leave Ecuadorean embassy if Chelsea Manning was pardoned
The Wikileaks founder may still go to the US – but only if a deal can be brokered
The FBI on Monday defended its decision to withhold documents on how it unlocked an iPhone used by one of the San Bernardino, California, shooters, saying the information could be exploited by "hostile entities" if released to the public.

## Propaganda/censorship/fake news/alternative facts ##
U.S. Military Botches Online Fight Against Islamic State

## Systemic breakdown/collapse/unsustainability ##
End of the "Oilocene": The Demise of the Global Oil Industry and of the Global Economic System as we know it.
How Great the Fall Can Be (Archdruid Report)
The Fix-Nothing Farce of Symbolic Politics
Solutions gut the rackets by breaking down the status quo's regulatory walls protecting the privileged elites who are stripmining the bottom 95%.
[A]s peak-pothole season arrives, American motorists dodging an epidemic of roadway craters are already shelling out some $3 billion a year in repair costs for blown tires, broken shock absorbers and busted axles.
Hints on how to prepare a bug-out bag. You have to wonder if the people at Bloomberg are serious about the possibility of collapse, or just trying to boost the sales of companies making this gear. -- RF

## US ##
Americans Spend More Than They Earn For 9th Straight Month As Savings Rate Tumbles To 2015 Lows
In fact, it appears that it was the Obama administration that developed the list of countries targeted in Trump's executive order.
Trump's Incoherent Anti-Terrorism Policy
By blocking travelers from seven mostly Muslim nations – but not ones that have sent terrorists to the U.S. – President Trump has pushed an incoherent policy that may increase the risks of terrorism.
Trump's Chaotic Management Style
Donald Trump's White House – under the strong influence of tear-the-government-down agitator Steve Bannon – is doing exactly that with a chaotic policy style.




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