11/03/2015
M&A Hits $4 Trillion At Fastest Pace on Record
Global CEOs have done an astounding $4 trillion in deals this year, hitting that mark on Monday for the second time ever and at the fastest pace on record, according toDealogic. A handful of monstrous deals, which accelerated last month, are fueling the frenzy including Anheuser-Busch’s (BUD) $117 billion planned purchase of SAB Miller, which is among the top global deals in history and Dell’s $65 billion planned purchase of EMC(EMC) which leads U.S. tie-ups. Read more
Factory Orders Fall for Second-Straight Month
New orders for U.S. factory goods fell for a second straight month in September as the manufacturing sector continues to struggle under the weight of a strong dollar and deep spending cuts by energy companies.
The Commerce Department said on Tuesday new orders for manufactured goods declined 1.0 percent after a downwardly revised 2.1 percent drop in August. Read more
State Department emails conflict with Clinton’s Benghazi testimony
Newly released emails conflict with former Secretary of State Hillary Clinton's 11-hour testimony before the Benghazi Select Committee, according to a review of the transcripts and public records.
One of the conflicts involves the role played by Clinton confidant Sidney Blumenthal. Read more
11/02/2015
IMPORTANT ANNOUNCEMENT FROM RICHARD G. MEDLOCK
Dear followers and readers,
At the end of December, 2015, this website, www.richardmedlock.org will be shut down. There are other platforms which are allowing me to reach more readers than this website.
I greatly appreciate your loyalty and comments. But have no fear, the other platforms are up and running now for you to start following.
For posts, go to www.medlockpost.blogspot.com
For the radio program, go to www.worldrealitynetwork.blogspot.com
For training classes, go to www.empowertraininggroup.blogspot.com (still being worked on, but many classes are there)
For leadership posts, got to www.sensibleleadership.blogspot.com
Thank you again for your support and look forward to our continued relationship on the other platforms.
God bless you,
Richard G. Medlock
The Wide Canyon Between Carbon Regulations and the Real World
There’s a chasm between the rarified world of international climate negotiators—who will gather in Paris in December—and the people who will have to cope with the policy edicts established by them.
Christine Figures the United Nations’ top climate change official, told Reddit not to expect anything historic. Paris is only a next step toward even more draconian carbon emissions reduction goals [emphasis mine]: Read more
Deep Divisions in German Coalition Threaten Merkel's Power Base
German Chancellor Angela Merkel is facing the toughest test of her political career after talks to resolve deep divisions within her coalition government threaten to split the union, with potentially serious consequences for Germany and the EU itself. Read more
Russia's Achievements in Syria 'Anger' Washington
United States leadership has been annoyed and angered by Russia's achievements in its counterterrorism efforts in Syria, since Washington is backing several militant groups which are fighting to oust Bashar al-Assad, Contra Magazin asserted. Read more
America Down For The 8 Count?
“It’s a huge struggle for us seeing how quickly the country is being dismantled, I have not yet encountered a fellow service member that signed up for this. Making the ultimate sacrifice, no problem. But this? I feel terrible saying this, but half the country does not deserve the freedom they did not earn.” This was said by Jon Garrick, a career military vet, believes America is in serious decline, with no solution in sight.
After reading that statement in an article it was a double edge sword for me. On the one hand it was very disheartening to hear that about our country. On the other hand it was a bit of a relief, because I knew I wasn’t the only one who felt that way. Read more
SOROS ADMITS INVOLVEMENT IN MIGRANT CRISIS: ‘NATIONAL BORDERS ARE THE OBSTACLE’
Billionaire investor George Soros has confirmed he wants to bring down Europe’s borders, following the accusation made last week by Hungarian Prime Minister Viktor Orban. Read more
ISM manufacturing index falls to lowest level since May 2013
WASHINGTON (MarketWatch) - U.S. manufacturers grew in October at the slowest rate in more than two years, a survey of executives found. The Institute for Supply Management said its manufacturing index fell slightly to 50.1% last month from 50.2%. That's the lowest level since May 2013. Economists surveyed by MarketWatch had forecast the index to rise to 51%. Readings over 50% indicate more companies are expanding instead of shrinking. The employment gauge dropped 2.9 points to 47.6%, marking the lowest level since the U.S. exited the Great Recession in mid-2009. Yet the ISM's new-orders index rose 2.8 points to 52.9%, a three-month high.
OECD: Tax Inversions Help to Drive Foreign Investment in US
Foreign investors are putting record amounts of cash into the U.S. in a sign of significant optimism about the country’s economy.
But the investments also reflect the popularity of so-called “tax inversions,” a way for U.S. companies to cut their tax rates by joining with a foreign company that has a lower rate.
Foreign direct investment into the U.S. reached $200 billion in the first six months of this year, a record high according to a report by the Organization for Economic Cooperation and Development. Read more
Koppel: America Woefully Unprepared for Attack on Power Grid
The United States has no plan for a cyberattack against its power grid that could come at the drop of a hat, says former "Nightline" host Ted Koppel, in his new book, "Lights Out: A Cyberattack, A Nation Unprepared, Surviving the Aftermath," and it has him worried.
"It's frightening," Koppel told "CBS Sunday Morning."
"I mean, it is frightening enough that my wife and I decided we were going to buy enough freeze-dried food for all of our kids and their kids." Read more
"It's frightening," Koppel told "CBS Sunday Morning."
"I mean, it is frightening enough that my wife and I decided we were going to buy enough freeze-dried food for all of our kids and their kids." Read more
NASA Debunks Global Warming: Ice Sheets Growing
Recent NASA studies show the Anarctic ice sheet is gaining more mass than it is losing, ScienceDaily.com reports.
In 2013, the Intergovernmental Panel on Climate Change said the Antarctic ice sheet had lost large amounts of mass with little or no gain, but new NASA studies say the opposite. Read more
Brace Yourself for Another Disappointing Jobs Report and More White House Disinformation
Friday, the Labor Department will issue another mediocre jobs report — private forecasters estimate 190,000 jobs were created in October — well below the 260,000 averaged in 2014.
The White House will tout the economy is doing quite well — proclaiming 61 consecutive months of jobs creation — and liberal commentators like New York Times columnist and CNBC analyst John Harwood may offer this as more proof that the economy does better with a Democrat in the White House.
Read more
The White House will tout the economy is doing quite well — proclaiming 61 consecutive months of jobs creation — and liberal commentators like New York Times columnist and CNBC analyst John Harwood may offer this as more proof that the economy does better with a Democrat in the White House.
Read more
Not News: Obama-Clinton Emails Render His Related Kroft Interview Statements False
A Friday evening story at the New York Times covered the Obama administration's decision to "try to block the release of a handful of emails between President Obama and former Secretary of State Hillary Rodham Clinton." In it, reporters Michael D. Shear and Michael S. Schmidt demonstrated that President Obama undoubtedly did not tell the truth in his interview with CBS News's Steve Kroft in a 60 Minutes episode which aired on October 11. In that interview, Obama had the following to say about his knowledge of Mrs. Clinton's private email server: Read more
$20 trillion man: National debt nearly doubles during Obama presidency
When President Obama signs into law the new two-year budget deal Monday, his action will bring into sharper focus a part of his legacy that he doesn’t like to talk about: He is the $20 trillion man.
Mr. Obama’s spending agreement withCongress will suspend the nation’s debt limit and allow the Treasury to borrow another $1.5 trillion or so by the end of his presidency in 2017. Added to the current total national debt of more than $18.15 trillion, the red ink will likely be crowding the $20 trillion mark right around the time Mr. Obama leaves theWhite House. Read more
'Colossal waste': Watchdog slams $43M, US-funded gas station in Afghanistan
It might be the world's most expensive gas station — not to mention a gross misuse of taxpayer money, according to a top government watchdog.
The lead oversight team monitoring U.S. spending in Afghanistan has found the Department of Defense spent $43 million to build a gas station in Afghanistan that should have cost roughly $500,000. The discovery came as part of a broader investigation into allegations of criminal activity within the DOD's premiere program to kick-start the Afghan economy. Read more
Related Articles:
$500,000 in US taxpayer money wasted on Afghan facility that 'melted,' watchdog reports Read
‘Complete waste’: Army Corps flushed $5.4M on ‘unusable’ trash incinerators, probe finds Read
War on waste: Pentagon auditor spotlights US billions blown in Afghanistan Read
Connery, Moore or Craig: Who is the most well-traveled Bond?
James Bond has been traveling the world's most exotic locations for over 50 years on the silver screen. But which actor has earned the most frequent flier miles during his stint as the British secret agent?
The Daily Mail wanted to find out, so its editors dissected all of the miles traveled and locales visited by every single Bond across 24 movies to find the definitive answer.
He may not everyone’s favorite double agent, but with seven films taking place in 44 locations, Roger Moore tops the list as the most traveled James Bond. Moore played Bond for over 10 years, from 1973 to 1985. Read more
11/01/2015
Why Won’t Obama Allow Military Volunteers To Fight Our Enemies?
Following the attacks on the World Trade Center many young men and women voluntarily joined a branch of the military in order to fight our nation’s enemies. Under the Bush administration they were allowed to actually do some fighting and kill some bad guys, but Obama stands firmly on the position of not putting troops in harm’s way (or as our Barry so trendily phrases it: he’ll put no “boots on the ground”), and under Obama even those few who have been allowed to bear arms for America have had such strict rules of engagement imposed on them that they are practically made sitting ducks at the mercy of opposing forces. Again, Obama has made another in a string of stupid, typically liberal decisions: the military is populated by volunteers who “volunteered” to fight for their nation’s survival and their own personal liberties, and Obama prevents them from doing the very thing they signed up to do. Read more
ISIL Oil Sales Drop 'Significantly' Due To Russian Airstrikes in Syria
Oil sales conducted by the Islamic State (ISIL) jihadist group dropped dramatically after Russia launched its airstrikes against terrorist positions in Syria, a member of the French legislative defense commission told Sputnik on Saturday. Read more
Obama crosses own red line with Syrian deployment
A president who campaigned to end US involvement in Mideast wars finds himself escalating troop numbers in Iraq, Syria
HILLARY CALLS FOR INVESTIGATION INTO GAS COMPANY THAT STOPPED GIVING TO CLINTON FOUNDATION
Democratic presidential front-runner Hillary Clinton called for an investigation into ExxonMobil after the gas company cut off its donations to the Clinton Foundation.
The Clinton Foundation has taken at least $1 million from ExxonMobil and co-sponsored the Foundation’s 2014 annual meeting. But the company decided not to co-sponsor the Foundation’s annual meeting in New York City in late September 2015, according to a report by International Business Times.
With the cash faucet cut off, Clinton took the opportunity to appeal to climate-change activists calling for an investigation into ExxonMobil’s business practices.
“Yes, they should” open an investigation, Clinton said, referring to the Department of Justice, in a video released by the group 350 Action. Read more
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