Economy

McCain Health Care Bill Kills

Senator McCain sided with Jimmy Kimmel in shooting down best bud Lindsey Graham on Friday. He announced he would vote “no” on the Graham Cassidy health care reform. Two McCain Bill Kills Those in the know think that pretty much kills the bill. And that would make two health bill kills for McCain. Damn, should

The post McCain Health Care Bill Kills appeared first on Bokbluster.com.

Muskogee Politico: Lamb names 'Oklahoma Economic Diversification' advisory committee

LAMB NAMES OKLAHOMA ECONOMIC DIVERSIFICATION COMMITTEE
Oklahoma Business Leaders to Support Efforts to Grow Oklahoma Exports

OKLAHOMA CITY, OK – August 14, 2017 – Republican gubernatorial candidate Todd Lamb announced today the formation of his Oklahoma Economic Diversification Committee. The group of Oklahoma business leaders will advise on issues to help diversify Oklahoma’s economy through greater worldwide trade.

“Growing and strengthening Oklahoma’s economy, both within our borders and beyond, is a central component of my Renew Oklahoma plan,” Lamb said. “To that end, I am pleased to announce that prominent Oklahoma business leader Chuck Mills will serve as chairman of my Oklahoma Economic Diversification Committee. Chuck is chairman of the OK District Export Council and president of Mills Machine Company, a third-generation manufacturer located in Shawnee. I am honored to have his business expertise, experience and counsel, as well as that of the other committee members as I pursue the governor’s office.”

Google Engineer James Damore

There are certain things one doesn’t ask in polite elite society. Lucky for you you’re nowhere near there. You’re in Bokbluster, so I’ll ask: Is it possible, on average, that girls don’t like math as much as boys? It’s possible, on average. Unless you’re Larry Summers, the former president of Harvard. Is it possible, on

The post Google Engineer James Damore appeared first on Bokbluster.com.

Medicaid Addiction Crisis

Here’s a nifty graphic from Axios AM.  It’s based on data gathered by The Kaiser Family Foundation. The data show that most people are covered by group health insurance. But Medicaid comes in second. The Affordable Care Act encouraged states to expand Medicaid to the able bodied poor. The deal was that the feds would

The post Medicaid Addiction Crisis appeared first on Bokbluster.com.

Uber Founder Ejected

Uber investors forced C.E.O. Travis Kalanick out of the company he founded yesterday. Here’s Reuters: The resignation sent shockwaves through Silicon Valley and leaves Uber’s board of directors with the problem of finding a dynamic leader who also has a steady hand needed to heal Uber after a bruising six months. Uber Founder Ejected And here’s MIT

The post Uber Founder Ejected appeared first on Bokbluster.com.

The Mysterious Super Entity ‘One Bank’ Controls Almost Half Of The Global Economy

When it comes to the “New World Order” we (at least those of us that know about it) are all like a blind man trying to “describe an elephant.” How he describes it depends on what part of the elephant he is touching. Jeff Nielson on the X22 Report describes the purveyors of the NWO as really banking criminals and I believe rightly so. In any event, listen to his very astute observations about our economy and the banking elite.

Featured picture is from Pixabay

Summary via R3publican

Anthem Takes a Hike

Anthem Insurance recently pulled out of Ohio’s ObamaCare exchange. The company cited “a mix of uncertainty and big losses from higher-than-expected bills racked up by sick policyholders.” Also, Anthem cited the shrinking individual market — a half million fewer people signed up for Obamacare during open enrollment this year — and the return of an

The post Anthem Takes a Hike appeared first on Bokbluster.com.

Trump the Perfect Scapegoat for When the Fed Bubbles Pop

May 25, 2017 by SchiffGold

In his most recent Gold Videocast, Peter Schiff pointed out that Pres. Trump inherited an economic mess from Barack Obama. Even if he can manage to get his policies implemented in the midst of the political circus going on in D.C., it isn’t going to be enough to stop the downward economic spiral.

Yes, having Donald Trump president is better than having Hillary Clinton as president. But he is not a get out of jail free card for the economy… The problem is the damage is going to hit on Donald Trump’s watch. Barack Obama got out of Dodge just in time.”

Brandon Smith at Alt-Market.com agrees that the economy is due to take a plunge. He takes things a step further, asserting that Trump is just the scapegoat the central bankers have been waiting for. Now they can nudge up interest rates and blame the chaos caused by popping bubbles on the president specifically and Republican policies in general.

I have been warning since long before the election that Trump’s presidency would be the perfect vehicle for central banks and international financiers to divert blame for the economic crisis that would inevitably explode once the Fed moved firmly into interest rate hikes. Every indication since my initial prediction shows that this is the case… I continue to go one further than the mainstream media and say that the Trump administration is a giant cement shoe designed (deliberately) to drag conservatives and conservative principles down into the abyss as we are blamed by association for the financial calamity that will occur on Trump’s watch.”

This will work because most Americans don’t have even a basic understanding of economics. They dutifully accept what the mainstream media spoon feeds them. In the minds of many Americans, if the stock market is rising and unemployment is low, everything is great!

And hey! Stocks are soaring, right?

And yet there is a huge disconnect between stock market prices and economic reality. It’s clear that Fed policy has pumped up a massive stock market bubble. Analysis last year by Yahoo Finance showed 93% of the entire stock market move since 2008 was caused by Federal Reserve policy. But people don’t understand this. They turn on CNBC, see the stock markets rocketing upward, and assume the economy is great.

To Continue Reading

summary via R3publican