The Coming Pension Rehabilitation Administration


 

Remember the S&L Crisis, well welcome to the Pension Crisis. It is becoming well known behind the curtain that we have a global pension crisis. I first reported this event more than 15 years ago. This at the WEC, we had more than 10 major pension funds attending from around the world. The crisis has been set in motion by the lowering of interest rates with the Crash of 2007. This is why the Fed Char Yellon has been talking about the need to “normalize” interest rates. The crisis in Europe is reaching catastrophic proportions.

In the USA, Senator Sherrod Brown, a Democrat from Ohio, intends to introduce legislation that would allow struggling multiemployer pension funds to borrow from the U.S. Treasury to remain solvent. The proposal being kicked around would create a new office within the Treasury Department called the Pension Rehabilitation Administration (PRA). The funds would come from the sale of Treasury-issued bonds to financial institutions. The pension funds could borrow for 30 years at low-interest rates. One restriction for borrowers is they could not make risky investments. That will mean they must buy government bonds since the government assumes whatever it issues in debt is risk-free, That propaganda is supported by the big accounting firms.

Trump, White Supremacy, and Fake News (Larry Elder Interview)


Larry Elder (Author & Radio Host) joins Dave Rubin to discuss his views on Trump, the cries of white supremacy, and fake news.

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Thomas Sowell Dismantles the Ideology of “Social Justice”


Thomas Sowell is an American economist, turned social theorist, political philosopher, and author. He is currently Senior Fellow at the Hoover Institution, Stanford University. In this segment he talks about the idological failures of Social Justice or what he calls “cosmic.

Bill Whittle: SJW, SURPRISE!


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The Unseen Cause of Rampant Violence in America


The university-bred doctrine of moral relativism, which influences all levels of education in America, spawns moral confusion and violence throughout American society.

By denying the existence of objective rational standards by which to distinguish right from wrong or good from bad, the academic doctrine of moral relativism fosters the primacy of force or violence as opposed to the primacy of reason and persuasion, as the only effective  means by which to resolve differences of opinion and interests among men.

Therefore, to diminish the violence now rampant in America, it will be necessary for the religious and political leaders of this country to criticize the academic doctrine of moral relativism by exposing its logical consequences and pernicious influence on the attitudes and public behavior of American citizens.

Prof. Paul Eidelberg

Rewriting History Continues


A historic Episcopal church in Alexandria, Va., has made the decision to move a pair of plaques that paid tribute to Confederate Gen. Robert E. Lee and President George Washington. Both were former parishioners and the plaques were displayed on either side of the altar at Christ Church in Alexandria.

General Robert E. Lee had written to the New York Times and said he would free all his slaves and that was before the war.  It just seems as if this drive to rewrite history is going too far. I had gone into East Germany through CheckPoint-Charlie before the Berlin Wall fell in 1989. To my shock, almost nothing is left. The wooden walkway I had to walk on because there were mines on either side of me is gone. Granted, it was a symbol of oppression. But destroying it means the generations that follow will never see what it was.

If you remove all the monuments to the American Civil War, you will also forget the history. This is also what the Taliban did in Afghanistan and what ISIS has done in Iraq. If history offends, it is not right to try to eliminate it and pretend it never happened. That is a sure-fire way to make sure history repeats if nobody remembers past mistakes.

Crimea & Carving up the World


ukraine-ethnic-divide-data

COMMENT: Dear Marty
You mention that Crimea was taken by Russia. However, this is just the MSM view. The West is accused of fermenting the problem in Ukraine which precipitated this. The people voted in a referendum with 31 international observers, 95% to reunify with Russia where they had belonged since 1783. Why does the West not recognize the referendum??

Ukraine had passed a law making Russian not the first language after the coup. The people of Crimea have voted in overwhelming numbers and by an overwhelming margin to leave Ukraine and to federate with Russia. The majority population in Crimea speaks Russian, identifies with Russia and was formally a part of Russia until the region was transferred to Ukraine as a largely administrative measure in 1954 when Ukraine and Russia were full republics united in one country: the Union of Socialist Soviet Republics.

REPLY: From the outset, my position was that Ukraine should have been split according to language. Borders have been drawn by politicians, and this policy has given us so many problems over the years. It is language and culture that should define a national border. It is also wrong for the refugees to enter Sweden and then refuse to adopt the culture of that nation demanding their own laws will apply in specific regions. This is not like colonizing the Moon.

Yanukovych_Viktor

What I would disagree with you on is that the West instigated the revolution. I personally have friends who were in Maidan and they were not puppets of the CIA. The revolution was over the corruption in the Yanakovich administration and the extortion of small businesses as his sons were running a protection operation.

The West did instigate the civil war in Syria. That was to help Qatar get a pipeline through Syria to Europe in order to compete with Russia. That was the whole issue and Obama’s agenda.

The vast majority of people in Crimea were Russian with Tartars as well. Crimea was Russian and was given to Ukraine to manage by the Soviet Union. It is Russian by culture and the sanctions against Russia are political for economic reasons and are not based upon the desire of the people of Crimea. The people should decide the same as they should decide in Catalonia, Scotland, Northern Ireland, etc., etc..