Removing the Confederate Flag from Statehouses is Good but Ending the Slavery that it Represents is More Important

It’s shameful that a Prison-Based Slavery system still exist today.
When the 13th Amendment was passed, it contained a loophole that allowed individuals who were convicted of crimes to be held as slaves. Here is the relevant text from section 1 of the Amendment:

http://theprogressivecynic.com/2015/06/29/removing-the-confederate-flag-from-statehouses-is-good-but-ending-the-slavery-that-it-represents-is-more-important/

The Progressive Cynic

© Josh Sager – June 2015

Last week, several states—including South Carolina, Virginia and Alabama—removed the Confederate flag from their public buildings and are signaling their intentions to abandon the symbol for all state uses (ex. license plates). This is very encouraging and definitely a step by southern states towards distancing themselves from their racist histories.

ap_alabama_flag_lb_150624_16x9_992

Unfortunately, the removal of the Confederate flag is a largely rhetorical gesture, given the fact that many of the same evils that the Confederacy stood for are alive and well—one of these is the institution of slavery.

Yes, slavery still exists in the United States today. While it isn’t as pervasive or brutal as it was in the past, slavery has survived the decades since its supposed abolition by moving into the prison population. In many states, inmates are forced to work at little or no pay and are horribly punished if they refuse…

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GMOs Are Mutating Microorganisms and Spawning Deadly New Life Forms‏

WTF?!

Hwaairfan's Blog

GMOs Are Mutating Microorganisms and Spawning Deadly New Life Forms‏

From Alexandra Bruce

Dr. Don Huber, an agricultural scientist and expert in microbial ecology has discovered a new organism in genetically engineered animal feed.

This mysterious organism, which he categorizes as a mycoplasma that has since been clearly linked to infertility and miscarriage in cattle, horses, pigs, sheep and poultry, which he also links to human fertility problems.

Mycoplasma are the smallest living cells yet discovered. Their nature is essentially unknown, as far as their relationships with  other organisms. They can survive without oxygen and are resistant to penicillin.

Related Topics:

40 Tons of GMO Crops Torched in the US!*

The GM Ban List is Getting Longer!

Monsanto Day or Not!

The Food Revolution Continues. . .

Forcing Nature to Co-exist with Pharmaceuticals

Poor Asian, African, and Latin American Children Targeted by Gates and Others with Questionable Vaccines*

Monsanto’s Legacy to the Vietnamese

Sowing Seeds of Health, Hope and Humanity*

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Justice Scalia, Meet Spirituality

Amen! Thanks for sharing your spirit Melanie! ♥

Writing with Spirit

Everybody’s all atwitter, alarmed or amused by Justice Antonin Scalia’s silly suggestion to “ask the nearest hippie” about freedom and intimacy. But I’m more dismayed by his admission that he doesn’t have a clue what spirituality means. Really?

That a Supreme Court justice hasn’t paid any attention to society in the past, oh, four decades, is troublesome — he’s apparently still stewing about “free sex” and “women’s lib.” But that a man who prides himself on his “traditional Christian values” has never in his life bothered to ponder spirituality is horrifying.

Let me back up for those of you who may have been stoned and having illicit sex under a peace-sign-covered VW van instead of following the latest news.

In his dissent last week from the historic 5-4 Supreme Court decision to allow marriage equality for gay people, Scalia took issue with the gay-hippie-liberal-flag-burning lawyers on the equality side who…

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Greeks are standing in line with garbage bags at ATMs!

Greece-garbage-bags

June 29, 2015
Singapore

It is somewhat amusing that the word ‘crisis’ originates from Ancient Greece.

It’s actually a medical term; Hippocrates wrote extensively about ‘crisis’ being the key turning point in disease progression– the time at which it either overcomes the patient, or it subsides.

And though the word ‘crisis’ is thrown about routinely these days, it’s safe to say that Greece is now truly in crisis in the purest sense of the definition.

Same with the euro, for that matter.

A century from now when future historians write about our time, it’s highly likely they’ll conclude that the euro was the dumbest invention of this age.

And that will really be saying something because the competition is fierce: pet rocks. Acid-washed jeans. FATCA. Google Glass. Fox Business News. Obamacare.

But the euro deserves first prize in the ugly contest.

The idea was to take completely incompatible economies, pretend that they were all Germany, and put them under one monetary roof simply because they were on the same continent.

This is ridiculous, especially today. It’s 2015. Geography is an irrelevant anachronism.

Imagine jamming Argentina, Australia, Angola, and Azerbaijan into a currency union simply because they all start with the letter “A”. It’s just as pointless and arbitrary as geography.

And when one of them starts to collapse (probably Argentina), rather than admit their mistake and dissolve the whole stupid idea, the bureaucrats spend massive amounts of other people’s money fruitlessly trying to hold the project together.

This is what’s happened in Europe.

Every time they wrote a bailout check or extended another loan package to Greece, all the bureaucrats did was INCREASE their risk exposure.

It’s like running back into a burning building– literally the *exact opposite* of what any sensible person would do.

Eurocrats have spent untold billions of other people’s money to save face, just so they wouldn’t have to admit that Project “Make Everyone Germany” has failed.

But what they never acknowledged was that no matter how much they extend and pretend, the disease will always reach its crisis.

And this financial disease is going to slay the patient. History is very clear on this point: debt kills.

Greece long ago reached the point of no return where they were borrowing money just to pay interest. Now it’s time for brutal honesty: game over.

The best example of brutal honesty is across the pond in Puerto Rico– America’s Greece. The governor of Puerto Rico, Alejandro Garcia Padilla, did not mince words when he described the island’s prodigious debt:

“The debt is not payable. There is no other option. I would love to have an easier option. This is not politics, this is math.”

The lesson is pretty clear: a bad system will fail. Especially when that system is built on a mountain of debt and deceit.

It might take years, but it happens. Just look at Greece; it’s taken nearly six years from when it was first identified to reach today’s crisis.

The time in between can either be an opportunity or a curse.

For some, time is an opportunity to take action– to quietly take defensive steps like moving money abroad.

Greeks had the opportunity to do that long ago when the euro was strong and the capital controls didn’t exist.

But for most people, time is a reason to procrastinate. They think that because it didn’t collapse today, tomorrow will be just fine. So they stick their heads in the sand. Or somewhere else.

And now those people are standing in line at ATM machines across Greece with empty garbage bags trying to figure out how to survive against strict capital controls.

Don’t wait.

Capital Controls and a Bank Holiday in Greece… Here’s How You Can Profit

Capital Controls and a Bank Holiday in Greece… Here’s How You Can Profit

For the unprepared, it happens like a mugging…

When you hear a central banker or politician deny that something is going to happen to bank depositors, you can almost be certain that it will happen. And probably soon.

Coming from a government official, the real meaning of “No, of course not” is “Could be tomorrow.”

There’s a reason for the dishonesty. The government needs to take the public by surprise. Otherwise they won’t get the results they want from capital controls or a bank holiday.

The term bank holiday is a politician’s euphemism. When one happens, you won’t be celebrating. You won’t be able to access your bank account, and you’ll be worried.

How will you get by, and how long will the lockout last? And when it ends, will all your money still be there? Will any of it remain?

Calling the experience a bank holiday is like calling a street mugging a surprise party.

Once the banks are closed – or on “holiday,” as the government puts it – the politicians are free to help themselves to as much of the customer deposits (including yours) as they want. It’s like an all-you-can-steal buffet.

A bank holiday usually dovetails with capital controls, which are restrictions on the free flow of money out of the country. Capital controls make it hard for the country’s remaining wealth to dodge a future mugging.

Bank holidays and capital controls are all about the government maximizing the amount of money available for them to confiscate during a crisis. Pen up the sheep, and they’re easier to shear.

It’s a common pattern… 1) country in financial trouble, 2) government denials, 3) surprise bank holiday, 4) wealth confiscation, and 5) capital controls.

It’s a pattern we’ve seen repeated in many countries in economic crisis.

We saw it in Cyprus during their banking crisis of 2013. The trap slammed shut without warning on an otherwise ordinary Saturday morning. The government declared a surprise bank holiday. Capital controls and a bank deposit confiscation followed. It occurred despite repeated promises from the highest Cypriot politicians that bank deposits would be safe.

And now we are seeing the same pattern in Greece.

For the past month, Greece’s government has been denying that it intends to impose capital controls. Yesterday, Sunday morning, the Greek Finance Ministry repeated the denial yet again. Then on the same day – a few hours later – the Greek government declared a weeklong bank holiday. And they would impose capital controls after all.

But don’t worry. The Greek Prime Minister promised that bank deposits would be “completely safe.”

Rather than being “completely safe,” they are far more likely to be harvested by the Greek government, which is free to do as so many troubled governments have done… take the money and run.

Given Greece’s years of chronic financial weakness, none of this should come as a surprise.

There was ample time for any Greek citizen to protect himself from what the government is now doing. But now, with the bank holiday in place, it’s too late.

Moving money into something that Greek politicians can’t steal with a couple taps on a keyboard – like a Greek bank account – would have bought a large measure of protection.

A bank account in another EU country like Austria, a piece of real estate in South America, some physical gold in Singapore or a brokerage account in Hong Kong would have been just what the doctor ordered.

Most people understand that it’s foolish to keep all their eggs in one basket. Yet they fail to go far enough in applying the principle. Diversification isn’t just about investing in multiple stocks or in multiple asset classes. Real diversification – the kind that keeps you safe – means holding assets in multiple countries, so that you’re not overexposed to the economic and political risks that are present in every country.

The problem is, despite having options available to them, many Greeks had a “this can’t happen here” mentality. So they did nothing to prepare. The reality is, what happened in Greece can happen in any country, as it has happened throughout history.

But could it really happen in the US? According to Judge Andrew Napolitano, the troubling answer is YES. The judge is a legal expert. He knows all about bank holidays, capital controls, and other shenanigans politicians pull. The judge has said, “People who have more than $100,000 in the bank are targets for anygovernment that’s looking for money to shore up its own inability to manage its finances.”

The whole ordeal in Greece is yet another example of why international diversification is so important. It’s a prudent strategy because it frees you from absolute dependence on any one country. Achieve that independence, and events or policies where you live can never dominate your life.

Wealthy families have been doing it for centuries. Today, with modern communications, international diversification is within everyone’s reach.

International Man’s mission is to help you protect your personal freedom and make the most of financial opportunity around the world. Global diversification is at the heart of it. Discovering the best investment opportunities around the world is another. And, ironically, the best opportunities often show up after a government has done its worst to a country. For example, in places like… Greece.

Investor sentiment in Greece is nearing the point of maximum pessimism… the point at which almost nobody wants to buy. Prices of Greek stocks have already crashed headfirst into the pavement, so we may be getting close to the best time to buy. As Baron Rothschild advised: Buy when the blood is in the streets.

That’s what crisis investing is all about, and it’s enormously profitable.

Seeking out home runs in crisis markets is exactly what Doug Casey and I do in each monthly issue of Crisis Speculator.

Back in 2013 there was another crisis in a Mediterranean country… Cyprus.

Doug and I put our boots to the ground in Cyprus to search the rubble for investment bargains that would be too good to resist. And we found them.

Despite all the ugly headlines, sound, productive, and well-run Cypriot businesses continued to produce earnings and pay dividends. Anyone with a little money and a cool head could have bought their stocks on the ultra-cheap.

One of the Cyprus companies we recommended has more than tripled as of this writing. Another has more than doubled. Two others have come close to a double. Our readers have loved the experience.

We expect that even bigger bargains are emerging nearby, in Greece.

The financial crisis in Greece is not going to destroy the solid companies operating there. But it is going to make their stocks extremely cheap. And that could mean huge profits for you.

For full coverage of this rich profit opportunity, be sure to check out Crisis Speculator by clicking here.

Until next time,

Nick Giambruno
Senior Editor
International Man