KER Politics – Sat 13 May, 2017

Easy Money, Student Debt, and Polarization In Our Society

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  • Politics Segment 1: Jordan Goodman Americas Money Answer Man discusses his views on the easy money trend promulgate by our government and how folks can avoid the pitfalls.
  • Politics Segment 2: Americas Money Answers Man discusses the perils of student debt.
  • Politics Segment 3: Dr Dwight Moore discusses the reasons behind the extreme polarization in our society and what can possibly be done about it.
  • Politics Segment 4: Dr. Dwight Moore continues to explain the herd instinct found in our country.

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Featuring:
Jordan GoodmanDwight MooreAl KorelinCory Fleck

Comments:
  1. On May 13, 2017 at 4:01 am,
    CFS says:

    I would question whether in this multply-connected world whether any one central bank on its own can easily generate price inflation. It seems to me recently prices have been dominated by China exporting deflation.
    It is possible that Trump realizes this. Whether or not Congress will permit any Trump policy changes to take effect, however, is a different question.

  2. On May 13, 2017 at 4:07 am,
    CFS says:

    I must be old fashioned, I guess. I have always thought it to be a duty of parents to pay for the cost of education of their children, including a university education.

    • On May 13, 2017 at 5:14 am,
      OOTB Jerry says:

      ditto

      • On May 13, 2017 at 5:26 am,
        jhpace1 says:

        When student debt rose to become a year’s salary for the middle class, the middle class could no longer afford college.

        College is an outdated institution anyway. Self-study is faster, with YouTube videos and online mentors. Colleges only offer specialized laboratories. The college I went to, NCSU at Raleigh, cared more about Federal research grant dollars than teaching students. Only the elite, who get the name of an Ivy-league university on their diploma, care about college degrees. Most businesses want the free or low-paid intern who alternates with college semesters.

        • On May 13, 2017 at 8:40 am,
          al korelin says:

          Mr. Pace,

          If someone cannot afford to pay the price they can’t purchase the product. I a lot of people who got themselves through college and are better people because of it today.

          You comment about self-study is certainly correct.

          Most businesses want doers and not complainers.

        • On May 13, 2017 at 12:10 pm,
          Dennis M. O'Neil says:

          Expanding on JHPCE1 point……

          The large well afforded campus library is obsolete.
          Who needs the Dewey decimal system and the stacks.
          The best lecture on just about everything can be found online
          and it is not delivered by a student teacher.
          When surfing you do not need those taxing and troubled campus parking permits.
          We all must admit those treasured near campus bars were all dives.
          Without college sports, social clubs, and forced coed mingling there
          just is not much trending for campus life except for the cost.
          Soon college towns will feel the pressure like the local mall that just lost two anchor tenants.
          Who needs to go to college when you can receive the same education elsewhere, cheaper and more conveniently.
          Just fire up “Tinder” to meet people.
          Social downside solved.

          • On May 15, 2017 at 8:13 am,
            jhpace1 says:

            The only problem with the library is that not ALL books have been digitized yet, then put into noble-gas storage.

            College is also the last place many people see others of the opposite gender in casual locations. But marriage rates are down anyway.

    • On May 13, 2017 at 6:48 am,
      Dick Tracy says:

      CFS, that may be fine to pay for your children’s education but only if you can afford it and aren’t putting yourself and your wife in a debt hole that you can’t climb out of before retirement. What if you have 3 children, you must treat them all equally, if you pay for one and the other two aren’t accepted in college or university it’s only fair if you give the other two the same amount of money.
      I really don’t think the average working stiff has that much liquidity, and the registered educational programs set up here are a way by the banks to control your money. If none of your children go on to higher education the tax credits the parents receive must be paid back when the plan is unwound.

      It’s one thing to say that it is the duty of parents to pay for the cost of education of their children, including a university education but it places a terrible strain on marriages after everything else like decent shelter, food, clothing and all the other activities are factored in. By the way how many children did you send to college or university?

      • On May 13, 2017 at 7:03 am,
        Dick Tracy says:

        It doesn’t surprise me that our society is trapped in a huge debt bubble, the banks get a pass and are bailed out, the family unit gets stuck with the bill. Once people turn eighteen and are adults they need to learn to be self reliant and stop expecting others to pay their bills. Only then will our countries become creditor nations instead of debt traps.

        • On May 13, 2017 at 7:33 am,
          OOTB Jerry says:

          Education starts at home……….

          • On May 13, 2017 at 7:45 am,
            Dick Tracy says:

            Jerry, it’s elitist to think that parents are responsible for paying for their children’s education, that excludes all the poor people and almost all of the middle class, probably about 80% of us. What if your child is smart but the parents are poor, there are a lot of smart people out there but most of them aren’t smart enough to qualify for full or partial grants. DT

          • On May 13, 2017 at 8:28 am,
            OOTB Jerry says:

            Dick, it is not elitist to help your children do the best that they can do…or financially helping a child stay out of problems, like DEBT.
            The problem of education…… is the lack of education of the adults to figure out they have been con ed by the elitist bankers who wish to make everyone a DEBT SLAVE……
            A lifetime of slavery of being in DEBT,..house , car, and now education …which everyone likes to say is ok. The bankers figured out how to keep everyone in bondage through EDucation ,,was to, not allow people to free themselves through BANDRUPTCY.
            The elitist bankers have done a great job keeping everyone in debt since 1913, and keeping the scam going…..College education is one of those debt ploys ., and generations of slaves have been created by Education, and really a lack of education of DEBT.

          • On May 13, 2017 at 8:36 am,
            OOTB Jerry says:

            We have been talking about school debt ,for well over 10 years……maybe nobody reads the blog……………

          • On May 13, 2017 at 8:50 am,
            al korelin says:

            Trust me Jerry, if I am every in your neck of the woods I am going to look you up. You are a decent human being.

          • On May 13, 2017 at 11:45 am,
            Archdeacon (!) Andrew says:

            Nicely said Al.

          • On May 13, 2017 at 6:33 pm,
            OOTB Jerry says:

            thanks OWL and Andy…you guys have been a pleasure sharing thoughts with these past several years.

      • On May 13, 2017 at 8:45 am,
        al korelin says:

        No strain was placed on my relationship with my wife.

        And, by the way, we did not buy the “big house on the hill” because we spent the majority of our capital on private schools and then universities for both Sarah and Stephanie. Today Steph is a contributor to the economy of Canada and happy to be one of those and Sarah is an executive with her employer and raising my twin grandchildren

        You can probably tell that I am very proud of my wife and I and certainly proud of my daughters. That pride is so much more important that “the big house on the hill”.

        • On May 13, 2017 at 3:06 pm,
          irishtony says:

          AL…That pride is worth more than a billion in the bank…You are a good man.

          • On May 14, 2017 at 9:34 am,
            al korelin says:

            Mr. Irish,

            We have been communicating for a long time now. I may not know what you look like but I think that I know your heart and your intellect. I guarantee to all that you are a very good person.

      • On May 13, 2017 at 11:55 am,
        CFS says:

        Since I was a professor at a good university, my son could have gone there with a free ride. However, it was decided that he would get a better education at what is probably one of the most expensive universities in the world, so that is where he went and his parents paid 100%. I practice what I preach.

        • On May 14, 2017 at 9:35 am,
          al korelin says:

          You don’t have to tell us all that Dave, We have known that for a long time.

    • On May 13, 2017 at 8:37 am,
      al korelin says:

      CFS and Jerry, Kathy and I definitely fall into you camp. As do, I am happy to say, every single one of our friends and I am proud to be able to say that.

      Expecting someone else to take care of my family is something that I have never done because I believe that it is immoral.

      I am pround of everyone on this forum who feels the same way!

      • On May 13, 2017 at 8:43 am,
        OOTB Jerry says:

        Education might have to start , with those who understand DEBT Slavery….

        • On May 13, 2017 at 8:53 am,
          al korelin says:

          Of course OOTB you make a great point.

      • On May 13, 2017 at 8:51 am,
        Dick Tracy says:

        Al, you are an elitist and ridiculous there are many, many people who have trouble putting food on the table. If you really want to do something you will find a way to make it happen. I have known people who come from families with nine children and some with fourteen children, how do you expect parents to pay for their children’s education. How many people in the United States are on food stamps (49 million) and collecting welfare are they immoral to you and your rich friends. DT

        • On May 13, 2017 at 8:57 am,
          al korelin says:

          Listen to my interview with Helen Worly and then call me an elitist. I am far from being an elitist as I simply believe in hard work and solving problems

          I am really not sure how you could call me one when you have never met me.

          And therein lies a major problem with our society. “Always laying the blame on someone else”. Funny, I never took you for that kind of person. And, I have to say that my gut tells me that you are not!.

        • On May 13, 2017 at 9:04 am,
          Dick Tracy says:

          Al you are part of what I was talking about last week, The Me Generation”. You don’t look at how it is for many others you simply base your ideas around your thinking and actions. Al thinks, If I sent my kids to university and paid for it and my friends did then everyone else should do the same or their immoral. You should be ashamed of yourself Al Korelin.

          • On May 13, 2017 at 9:29 am,
            al korelin says:

            i guess, at first blush all I can say is that a serious price is being paid for anonymity

            I personally would rather have the protection that comes from not having it in this case. But then again, I have never used the bit coin system. I personally believe, since I am not hiding anything, that I have nothing to hide.

          • On May 13, 2017 at 9:30 am,
            Ial korelin says:

            If is obvious that you simply do not understand what I am saying. Oh well, it is what it is.

          • On May 13, 2017 at 9:39 am,
            Dick Tracy says:

            Al, blame your thoughts and actions on something other than it is, anonymity. Isn’t that what you have been talking about but it doesn’t include you. You really are all about you. DT

        • On May 13, 2017 at 9:50 am,
          CFS says:

          I could comment on immorality of having children that one cannot afford to have.

          I could comment on the immorality of deliberately making oneself totally dependent financially on society.

          But would such people understand? That is why democracy ultimately always fails, because of greed – one of the deadly sins.

          • On May 13, 2017 at 10:57 am,
            al korelin says:

            Mr. Tracy, you really got up on the wrong side of the bed today. I hope that you hae a better weekend.

          • On May 13, 2017 at 11:00 am,
            al korelin says:

            Some may not understand your points, Professor. I believe that I o and I am in agreement with them.

            Regarding having children, if a couple is destitute and cannot afford to care and feed their children they should not bring them into the world unless they are somehow guaranteed that care.

        • On May 13, 2017 at 10:54 am,
          Ial korelin says:

          Absolutely not immoral as long as they put their families and their God first. There are many ways to help your family without writing checks!

          • On May 13, 2017 at 12:46 pm,
            Archdeacon (!) Andrew says:

            Dang I just lost a lengthy post for some reason. So in summary Al, DT and CFS you are all right.
            Next moth we have Theresa May (Conservative) and Jeremy Corbyn (‘Old’ Labour) fighting for a claim to ‘Number Ten’. Both to my mind are worthy people although Theresa stands to win by a landslide. The trouble with Jezza is that in wanting a more fair society we simply ain’t got the money to pay for what he ‘promises’. Although we don’t have 49 million on food stamps, we have a huge ‘under-class’ who either through their own stupidity or hopelessness take the line that society ‘owes me everything I can get’. Furthermore many of those in this dependency class only make matters worse for themselves and thus for the rest of us. Many eat and drink horrible diets and contributing to an obesity epidemic, or other conditions requiring expensive medical treatment. Our NHS is in near chaos with debts running riot, only to suffer further from last week’s cyber attack.
            Of course any compassionate person is left facing huge dilemmas. For at the other end we all hate those fat cats who only feast at the trough of filthy lucre. But as Margaret Thatcher once said: ‘Socialism’s all very well and good until we end up spending other people’s money’!
            From a Christian perspective perhaps I’m somewhat consoled when Jesus went to the Pool of Siloam – a known venue for cripples and other derelicts only to meet and respond to the needs one poor cripple. Or who, when anointed with costly ointment by Mary rebutted the criticism of those who claimed that the ointment was wasted with the money better spent on the poor, by retorting: ‘The poor you have with you always’.

        • On May 13, 2017 at 3:08 pm,
          irishtony says:

          DT…That was unfair.

          • On May 14, 2017 at 9:40 am,
            al korelin says:

            Perhaps it was unfair Mr Irish, but I pride myself of free speech.

            I know that what Tracy is saying is simply not accurate and I leave it at that.

    • On May 13, 2017 at 10:43 am,
      Wayne says:

      No, you are an anti-communist and you ought to be proud of that fact. Public education, or, da gubmint skool, is a bloody communist concept. Public education is a colossal fraud. Public education is state sanctioned child abuse. Gubmint skools are administered at the point of a gun. What gubmint skool did George Washington attend? Gubmint skools are evil. They can’t even admit that a human being with male chromosomes is a male.

    • On May 13, 2017 at 3:55 pm,
      Silverdollar says:

      I disagree that it is a duty. Here’s my story. Three kids, all did well in HS while working at the same time. They all three had better cash flow than I did. Their Mom and I made them save half of their income at that time. They got scholarships and tuitions were lower than today. With scholarships and savings, they all three reached Jr. status whereby Mom & Dad paid for their final year. Oldest daughter graduated from Lewis & Clark, Portland, Ore. in English. Today, she’s living with us, not working yet after quitting job and moving home. Middle daughter grad. from Albertson’s College with two minors and a Master’s in Education. Superb teacher, married to a CPA, 4 adopted children. In debt but cash flow is excellent and a guaranteed retirement. No worries with them. Son, youngest, got a BS from a state University in computer science. He’s 36 and almost retired. Will be whenever either of the startups he worked for go public. Both in cyber security space. Proud of all three but have never regretted the way we structured their education. FWIW

      • On May 14, 2017 at 9:44 am,
        al korelin says:

        You and your wife obviously did a wonderful job, Silverdollar. If you happen to live in the Portland area you are fortunate I know because Kathy and I spent 31 years across the Columbia River. Portland does have a certain magic to it.

      • On May 14, 2017 at 1:57 pm,
        CFS says:

        Another point of view on education:
        https://www.youtube.com/watch?v=s_UJws5WpKY

    • On May 13, 2017 at 4:03 pm,
      Silverdollar says:

      I humbly disagree CFS. With three kids who during HS, kept good grades and made a better cash flow than I did, we made them save 50% of their earnings. Later, with scholarships and those savings, they paid for three years of study and I and my wife paid for the final year. The oldest daughter with a degree from Lewis & Clark in English is presently living at home. Middle daughter finished a masters and is a successful teacher with four children and a CPA husband. No worries there. Son, 36, is almost retired and will be wealthy whenever options from two startups he worked for go public. They are in the cyber security space so it will happen. He has a BS from a state university. Daughters were both at private institutions. Proud of all three and have never regretted our decision to teach them to save part of income. FWIW.

      • On May 13, 2017 at 4:04 pm,
        Silverdollar says:

        Sorry for the double post. Didn’t post where it was supposed to.

  3. On May 13, 2017 at 4:29 am,
    CFS says:

    Is Dwight Moore not really saying that the American education system no longer teaches its students to be analytical thinking. i.e. The system has substantially deteriorated since 1776.
    Could this be due primarily to the omnipresence of the boob-tube and the level of IQ to which it is aimed.

    • On May 13, 2017 at 5:34 am,
      OOTB Jerry says:

      DEBT JUBILEE………..

      • On May 13, 2017 at 5:35 am,
        OOTB Jerry says:

        posted in wrong area……sorry

        • On May 13, 2017 at 3:16 pm,
          irishtony says:

          Jerry., you silly old fool, you are always posting in the wrong area…..But we love you for it ……..X

          • On May 13, 2017 at 6:38 pm,
            OOTB Jerry says:

            :)………. Irish , hope all is well with you,…..

    • On May 13, 2017 at 8:58 am,
      al korelin says:

      Of course, Professor.

  4. On May 13, 2017 at 5:33 am,
    jhpace1 says:

    Once the Federal government made student loans shielded from bankruptcy I knew the goal was rent, not education. We have debtor’s prisons again in the USA – only this time, the prisoners are not put into prison, but allowed to live in public but with a boat anchor or albatross around their necks. Did the person ask for this debt? Yes, but government should not have subsidized university professors and administrators with taxpayer’s money as well as students’ debt. If colleges truly competed with each other, without government subsidy, prices would be lower.

    But government found out it can shape the course of research and development, and propaganda, by granting certain professors taxpayer dollars and denying other professors any taxpayer dollars. Businesses did this at first, but found out it was cheaper to lobby government to do it with other people’s money.

    • On May 13, 2017 at 8:59 am,
      al korelin says:

      A very astute comment Mr. Pace!

    • On May 13, 2017 at 10:48 am,
      Wayne says:

      It’s a battle for the soul, for the mind. Communists have stormed the halls of education and media. Thankfully, the gates of Hell will not prevail against the Truth and His Bride.

      • On May 13, 2017 at 11:13 am,
        Matthew says:

        +1 and the brain-dead sheeple have already lost that battle.

        • On May 14, 2017 at 5:31 pm,
          b says:

          people were created “brain dead”, its human nature.
          Altho I have read that people really “flatlined” with writing, as memory of history was no longer required.
          Today, we dont even need school anymore, we have google, in time we should get a chip that connects our brains to the net and everyone will be genius.

  5. On May 13, 2017 at 5:37 am,
    OOTB Jerry says:

    been talking about student debt a long time……..05…….been warning about this for several years…..nobody listening…….

  6. On May 13, 2017 at 5:50 am,
    Chartster says:

    Al,
    Dr. Dwight Moore did an excellent job explaining the herd mentality. If people recognized they were living in that space and gave an effort to understand the other side, all would benefit in a big way. And if the herds” understood how the top herd/0.1% ‘ers controlled and managed the 99% of the rest of the herds, humanity would prosper beyond belief.

    Great topic, Al! Thanks for the show.

    • On May 13, 2017 at 8:48 am,
      CFS says:

      I believe I truly understand the Democrat side (not that I am a Republican). However, I believe they are wrong. I know Hillary is guilty of multiple crimes, for example.
      I believe/know that socialism/communism is NOT the most effective economic way to run a society.
      There are absolute truths.
      Part of the problem of society today is the lack of acceptance of absolute truth for “feelings”. The educational system no longer allows a winner; everybody has to feel good. What BS!.
      Yes, society is polarized, but half of society is wrong, by most accepted historical and moral standards.

    • On May 13, 2017 at 9:01 am,
      al korelin says:

      Dwight and his wife are two of the most interesting people you will ever meet.

      Thanks for the comment Charster.

  7. On May 13, 2017 at 8:27 am,
    b says:

    seg 1, 60-70k per year tuition.
    parents,grandma and granpa are borrowing for school debt?
    Talk about stupid.

    Big pharma and monsanto have got to be putting “stupid” chemicals into the food and vaccinces etc.

    • On May 13, 2017 at 8:38 am,
      OOTB Jerry says:

      there is your educated person…….American institution of higher learning con job…..

    • On May 13, 2017 at 8:39 am,
      b says:

      Actually, thats par for the course, we are an incredibly stupid species.

      I like how PCR puts it,

      The idiot British, the idiot Germans, the idiot French, Italians, Canadians, Australians, Belgians, Greeks, Portuguese, Spanish, Japanese, rally behind the insanity that is Washington.

      And so apparently do the American people, a population stupid beyond all belief.

      “Stupid beyond all belief” lol.

    • On May 14, 2017 at 9:47 am,
      al korelin says:

      Funny b, guest who now buys organic whenever he can?

  8. On May 13, 2017 at 9:11 am,
    CFS says:

    on a completely different topic:

    By now I assume most have read about the worldwide ransomware attack that has occurred, and netted the perpetrators $billions in bitcoins.
    I wonder if this might affect the anonimity of crypto-currencies in the longer term.
    It seems to me that Governments will not accept not being able to track down the criminal recipients of ransomware profits. Further, I believe society will agree.
    It seems to me, therefore, that before long that either crypto-currencies will be banned or forced to build in a tracking mechanism.

  9. On May 13, 2017 at 10:29 am,
    Ebolan says:

    RE: Segment 1

    8%? Sounds like a scam.

  10. On May 13, 2017 at 10:38 am,
    Markedtofuture says:

    The banksters are making sure folks remain debt slaves. When in doubt, make another rule. Armstrong explains his banking saga.

    https://www.armstrongeconomics.com/world-news/taxes/interrogation-by-bankers-to-do-anything-with-your-money/

  11. On May 13, 2017 at 10:59 am,
    russell s hamilton says:

    Wow What a week for movie script writers . At least 2 movies and maybe more. Fire Sally Yeats and fire Comey . Trump goes on air to CONTRADICT HIMSELF , within 24 hours !!!! Strong rumors that Trump is now fed up with Spicer and may fire him soon !!!!! Wow . Meanwile no progress on Tax reform or the Massive new Infra rebuild he promised voters . The King of Tweets finds out that running the Huge USA government is very different than running hotels and resteraunts . You would think gold would be over 2 K by now . Best of Health and Wealth to you all S

    • On May 13, 2017 at 11:06 am,
      al korelin says:

      Russell, your comment on the price of gold reflects my thoughts to a tee!

    • On May 13, 2017 at 12:11 pm,
      CFS says:

      I believe shortly we will hear that the Saudi Arabian sovereign wealth fund will be funding a large amount of US infrastructure spending. Yes, there will be toll roads and bridges, but where else could the money come from? US taxes to the max and is $trillions in debt. The US is “broke”, and close to being limited in borrowing power, which it will desperately needed for unfunded obligations.

      • On May 14, 2017 at 9:48 am,
        al korelin says:

        Interesting point, Professor

      • On May 14, 2017 at 5:35 pm,
        b says:

        The U.S. would be out of debt in about 5 years if the fed and banks got closed down.
        The germans proved that to be the case in the 30s.

        • On May 14, 2017 at 5:36 pm,
          b says:

          Pardon the positive mention of the socialist government of the time.
          I hear thats verboten.

          • On May 15, 2017 at 9:22 am,
            al korelin says:

            funny b!

        • On May 14, 2017 at 6:09 pm,
          OOTB Jerry says:

          ditto on CLOSING THE TBTF BANKSTERS DOWN>>>>INCLUDING ALL CENTRAL BANKS

          • On May 14, 2017 at 9:28 pm,
            b says:

            To do that we would have to get rid of the Zionists.
            Thats all the secret societies,banks etc….basically the groups JFK and the German socialists didnt like. lol

            And with so so so much money being pumped into Israel, with all that huge support for Israel from christians, its not ever gonna happen.

            The “bad” guys won.
            As far as I can tell anyway.

          • On May 15, 2017 at 4:50 am,
            OOTB Jerry says:

            So what is wrong with getting rid of a FAKE Zionist…which robs people .

          • On May 15, 2017 at 4:54 am,
            OOTB Jerry says:

            Once the misinformed Christians figure out the REAL JEWS have been set aside during this time period, they will be less likely to keep supporting Israel war like policies.

          • On May 15, 2017 at 9:13 am,
            b says:

            I honustly dont know about fake or real Jews, I know there are a few different groups, but thats it.
            I read the group that “ratted” Jesus out didnt expect all Jews to be blamed. lol surprise!

            The reason its over is the exact reason people keep mentioning here, people are stupid,uneducated and basically dont really care enough to inform themselves.

            PCR explains the neocons well, we are on the knifes edge, who cares?
            Does one single group christian or otherwise say one single word?
            abortion bad, napalm…..well, theres alot of money in it.

            Couple of blogs that maybe a few thousand people read out of how many 100s of millions?

            For example, we are going to mine pebble beach, this should kill the alaskan/northern b.c. fishery.
            Any chance it will be stopped? fugetaboutit.
            30 pcs of silver are at stake.

            Only reason I can seriously think its going ahead is tptb figure the oceon is dead anyway due to fukashima.(ya sure, its trump) like he has a say in anything.

            Jay Taylor, good “christian” guy, was promoting investing in weapons AGAIN.
            He actually justifys investing in the murder of children.
            I dont know about you, but I sure the heck am not christian.

            Not that it matters, my point, nobody in any numbers is doing anything to stop or change our direction.

            The bankers have won basically because people are stupid and really couldnt give a darn about each other.

            If people actually bothered to care about people, they sure as heck would not be supporting Israel.
            Ignorance is no excuse.

            Christianson? he has been on ker, has begun to say whats needed is a change in consciousness.
            Nice to hear, I do believe I was saying that years and years ago, and I doubt I was anywhere near the first.

            But thats our answer, think people will give up their gold?

          • On May 15, 2017 at 10:02 am,
            OOTB Jerry says:

            b……..you have covered a lot of area here…………

    • On May 13, 2017 at 5:05 pm,
      Markedtofuture says:

      Don’t you know what a great deal NAFTA is? Trump-Appointed Manufacturing Tzar Backfires – Supports NAFTA, Backs Mexico

      In an apparent snub to the administration’s trade policy plans, GE CEO Jeff Immelt – who sits on the Trump-appointed manufacturing council – said he “very supportive” of NAFTA adding that he was “optimistic about Mexico.”

      http://www.zerohedge.com/news/2017-05-13/trump-appointed-manufacturing-tzar-backfires-supports-nafta-backs-mexico

      • On May 14, 2017 at 12:19 pm,
        OOTB Jerry says:

        Figures……GE Immelt…..tax freeloaders……….CNBC garbage man.

        • On May 15, 2017 at 9:26 am,
          al korelin says:

          b, sorry but I have a bad memory. Who is Christenson?

          Al

          • On May 15, 2017 at 12:09 pm,
            b says:

            Christopher Martenson

            Well, i was sorta close if ya dont look too close.

  12. On May 13, 2017 at 12:16 pm,
    AJ says:

    Trump stokes fears of how he’d handle real crisis
    http://www.politico.com/story/2017/05/13/trump-crisis-management-238345

    • On May 13, 2017 at 3:45 pm,
      CFS says:

      I read the article, but do not accept its innuendo.

      In the big picture of things the firing of Comey matters not one jot.
      Trump may exhibit a tendency at times to act impulsively.
      However, Trump is also a rather intelligent person and the evidence is scant that in a really serious situation that he acts rashly. On the contrary, the evidence from his business life is that in serious situations he seeks wise counsel and makes logical and well thought-out moves. He has survived multiple bankruptcy situations, after all, to become a billionaire. He takes risks, but when the risk goes against him he always proceeds further in the most logical fashion, as far as I can ascertain.

      • On May 13, 2017 at 4:00 pm,
        CFS says:

        Further, Trumps instincts seem to be more right than wrong.
        e.g. from his pre-election statements, he said he could work with Putin.
        Surely it is better to work with Putin than than, for example, to blame him with interfering with the election without a shred of proof.
        e.g. Trump claims he wants to drain the swamp.
        Surely any attempt to drain the swamp is a good thing; even though, in practice, he may be thwarted at every turn by Crony Democrats, crony Republicans and the entrenched bureaucracy.
        e.g. Trump says he wants to rebuild the American infrastructure.
        Unfortunately the US can not afford it, but does anyone doubt Trump will find an alternative method of financing?
        e.g. Trump said he would build a wall on the border. I see great opposition in Congress, but I also see the first steps being taken to actually build a fence/wall.
        I see a great reduction in entering illegal immigrants, and an increase in deportations.
        etc, etc, etc.

        • On May 14, 2017 at 10:07 am,
          al korelin says:

          Professor, the only possible action of his that I strongly disagree with is the building of a wall. To me that makes little, if any, sense.

          • On May 14, 2017 at 11:50 am,
            CFS says:

            Big Al, Here’s a factoid believe it or not.

            Mexican-originated illegal drug sales in the US are 2,000 greater than the entire Canadian defense budget.

          • On May 14, 2017 at 11:56 am,
            CFS says:

            Here’s another factoid:

            Deaths from non-natural causes in Mexico last year (mostly gun-shot) exceeded deaths from non-natural causes in Afghanistan,
            in Iraq,
            in Yemen, which have wars going on,
            and, in fact, every other country in the world except Syria.

  13. On May 13, 2017 at 12:33 pm,
    Dennis M. O'Neil says:

    Student loans although perceived as giving opportunity have become the equivalent of placing students in debt chains. In colonial times someone who could not afford to book passage to “The New World” would sell themselves into indentured servitude.
    The process was a market and followed this path:
    1) A subject was in an environment in which he was condemned to limited opportunity. Born into a caste system he would never amount to more than his father if lucky enough.
    2) A vehicle presented itself to transport him to a magical place of unlimited opportunity.
    3) Because of the practice of indentured servitude prices for passage to “The New World” were bid up beyond reach of average would be adventurer. A dilemma was at hand. Do you remain in serfdom at 40 schillings a year or ironically sell yourself into servitude for a ticket to be eventually free?
    4) The hopeful booked passage selling themselves for periods of years into indenture. Literally declaring themselves as collateral for a boat ride.
    Today the public schools take fiefdom over their district. The student serf who is lucky enough to learn the dumbed down curriculum is presented a diploma with limited prospects. “Higher education” presents itself as a ship to potential nirvana. However, free flowing student loan money has bid up the price of College and University. In order take the higher education journey the student takes on an indenture not at all distinguishable from the one frowned upon in history. We just do not call the uniquely non-dischargeable debt in bankruptcy what it is…enslavement. We call it opportunity. A must have. At $600 per credit hour students sit in auditoriums filled with fellow student debt slave passengers being taught by student teachers while the professor writes his next contrived masterpiece of academia.
    Indentured servitude whether found in history or by Ted Kennedy’s favored guaranteed student loans both bid up the cost of a needed service to the detriment of those seeking the service.
    In the seventies the squares and bell bottoms borrowed their way through Frisbee college many soon thereafter discharging the debt in bankruptcy…others paid it back much more easily with inflation debased currency. The prevalence of student loan bankruptcy threatened the program but to continue the farce Ted Kennedy excluded the debt from discharge. So we now live in a country in which things not found written in the constitution become the law as if they were written. We also live in a country, in which things written in the constitution for historic cause like bankruptcy for control purposes are ignored as archaic boilerplate.
    Control is pervasive in life. Certainly the industry that is education is more about control than it is about enlightening the student. The failed public schools system exerts control over failure. The flawed fiascos deliver an occasional literate student to a higher education boat dock. The illusion of going to any school you want is joined by a controlling price of irrevocable debt. Guaranteed Student Loans are ocable indentures the equivalent of selling oneself into servitude. Maybe “they” do want to put us back in chains? Just maybe we have not ever fully escaped the chains in the first place.

  14. On May 13, 2017 at 5:15 pm,
    Markedtofuture says:

    A California Business Banker Speaks Out: “It’s A Classic Late-Cycle Red Flag”

    “…sense something is changing in the world… I’ve seen a spike in the number of unqualified (financially and expertise) people who want to get into flipping homes…a classic late cycle red flag.”

    http://www.zerohedge.com/news/2017-05-13/california-business-banker-speaks-out-its-classic-late-cycle-red-flag

    • On May 14, 2017 at 10:11 am,
      al korelin says:

      Flipping homes as endorsed seriously by the Home Network Channel is something that can seriously get a lot of people into big trouble unless, of course, that person is seriously lucky.

      I have a really good friend who was a very successful real estate agent in Vancouver, Wa. He once told me that, in his opinion, the only purpose for buying a home is to live in it. I happen to completely agree with that idea.

      • On May 15, 2017 at 10:26 am,
        OOTB Jerry says:

        We are going to hear a lot of cry babies wanting the govt to do something when they lose their lunch money……………..

  15. On May 13, 2017 at 5:29 pm,
    CFS says:

    MAKE NO MISTAKE…..The ultimate blame for the ransonware attack LIES WITH THE US NSA.
    It developed the hacking tools.
    The NSA knew it had been hacked and the hacking tools were being disseminated.

    But the NSA did nothing!
    Did it develop anti-hacking procedures and publicize the information? NO.

    Microsoft did develop a patch, but did not significantly push that update.

    Maybe people will learn the lesson to back-up and include software updates regularly.

    • On May 13, 2017 at 5:46 pm,
      CFS says:

      The group spreading the worm, the “Shadowbrokers”, should, of course, be arrested.

      Part of their punishment could be denied use of computers for life.

  16. On May 13, 2017 at 5:31 pm,
    Markedtofuture says:

    Russian Hacker Claims FBI Coerced Confession Over Clinton Cyberattack

    “You have to say that it is you broke-mail Clinton, that you prepared and entered into a democratic network and polling stations on Putin’s orders, you call the names of accomplices, agree to extradition, and in America we will resolve all the issues will be living in an apartment and we will provide you all.”

    http://www.zerohedge.com/news/2017-05-13/russian-hacker-claims-fbi-coerced-confession-over-clinton-cyberattack

    • On May 14, 2017 at 10:16 am,
      al korelin says:

      Markedtofuture,

      The only problem that I have with that article is the question of truthfulness. I have that problem because I simply don’t know!

      • On May 14, 2017 at 3:17 pm,
        Markedtofuture says:

        Big Al, until it gets completely proven wrong, you have to go there.

        We seem to be in the unraveling of the deep state with elite surprises. Any reasonable person knows the Clinton saga was swept under the rug. I find it hard to believe that Sanders stood by while the DNC stole the election from him.

        This hacker attack could a shot at bitcoin or the vulnerability of the ponzi financial system. Try convincing older folks to switch to a digital money system after this mess is cleaned up. The millennials are convinced digits are money. Armstrong thinks it will be after the crash & burn, before it stands a chance.

        https://www.armstrongeconomics.com/markets-by-sector/foreign-exchange/bitcoin-alternative-currencies/

        • On May 14, 2017 at 5:41 pm,
          OOTB Jerry says:

          A lot of CIinton scams were swept under the rug………..Whitewater , 39 plus deaths etc, etc, etc…………..

  17. On May 13, 2017 at 5:33 pm,
    Markedtofuture says:

    NSA Director Uses “Russian Hacker Threat” To Gain Access To Voting Systems

    In a statement to the committee on May 9, Rogers positioned NSA to oversee a wider role in conducting surveillance over elections, not only in the United States, but in other countries, including France and Britain.

    http://www.zerohedge.com/news/2017-05-13/nsa-director-uses-russian-hacker-threat-gain-access-voting-systems

    • On May 13, 2017 at 5:58 pm,
      CFS says:

      Interesting as to what the Russian hacker story contains, but more interesting is what it does not contain!
      Not in the Washgington Post version, or the Moscow Times version or the Zerohedge version is any claim that the Russian never hacked anything. Just a claim that the FBI wanted him to admit hacking HRC’s email, and that Trump put him up to it.

      I don’t know what the truth is, but that story stinks on many counts.

  18. On May 13, 2017 at 5:40 pm,
    Markedtofuture says:

    Bank of China ATMs Go Dark As Ransomware Attack Cripples China

    As a result of the WannaCry global malware attack, not only have Chinese ATMs been taken offline, but Chinese traffic police, immigration authorities and various public security bureaus and schools have suspended normal work until the malware threat is resolved.

    http://www.zerohedge.com/news/2017-05-13/bank-china-atms-go-dark-ransomware-attack-slams-china

    • On May 14, 2017 at 10:35 am,
      al korelin says:

      Kind of an interesting article that really didn’t say much.

  19. On May 14, 2017 at 9:34 am,
    Markedtofuture says:

    Let’s not get anything done club for America?

    Warner: I will ‘absolutely’ subpoena tapes between Comey and Trump if they exist

    Sen. Mark Warner (D-Va.), the ranking Democrat on the Senate Intelligence Committee, said he will “absolutely” subpoena recordings of conversations between President Trump and former FBI Director James Comey if they exist.

    http://thehill.com/homenews/senate/333318-warner-i-will-absolutely-subpoena-tapes-between-comey-and-trump-if-they-exist?rnd=1494770713

  20. On May 14, 2017 at 10:03 am,
    CFS says:

    Mark Warner is a Democratic hack.

  21. On May 14, 2017 at 10:06 am,
    CFS says:

    Sad to say, Warner is also a Hoosier by birth. Good job he left the state.

    • On May 14, 2017 at 12:22 pm,
      OOTB Jerry says:

      really……did not know that………..

      • On May 14, 2017 at 2:49 pm,
        CFS says:

        Born in Indy.

  22. On May 14, 2017 at 10:23 am,
    CFS says:
  23. On May 14, 2017 at 12:20 pm,
    CFS says:

    A discussion of blockchain technology:

    https://www.youtube.com/watch?v=Pl8OlkkwRpc

  24. On May 14, 2017 at 12:41 pm,
    CFS says:

    Another TEDtalk on blockchain:
    https://youtu.be/RplnSVTzvnU

  25. On May 14, 2017 at 12:57 pm,
    CFS says:
  26. On May 14, 2017 at 1:11 pm,
    CFS says:

    An English documentary on Bitcoin:

    https://www.youtube.com/watch?v=k0HmrSfJwhU

  27. On May 14, 2017 at 1:16 pm,
    OOTB Jerry says:

    CFS…..do not forget to post usawatchdog………

  28. On May 14, 2017 at 2:48 pm,
    CFS says:

    I did post USAWatchdog last night.

    This is interesting:
    https://www.moneymetals.com/news/2017/05/11/blockchain-gold-silver-launchpad-001070

  29. On May 14, 2017 at 3:03 pm,
    KP says:

    Weekend Politics report moving in correct direction. Ideas on how to make and protect $$$ based on political insights. Thank you for not just being another opinion piece on daily politics – example this weekend rehashing “Comey/Russia”. You’re instead adding value by looking at other dimensions. Good choice

  30. On May 14, 2017 at 3:19 pm,
    Dick Tracy says:

    Irish Tony, you are the best B— Kisser I have ever encountered, you must have or had a guaranteed government job. DT

    • On May 14, 2017 at 4:49 pm,
      OOTB Jerry says:

      Dick, be nice to IRISH……… or at least post a 🙂 face……..

    • On May 15, 2017 at 3:52 am,
      irishtony says:

      DT….You just have the hump because i’m not kissing yours…………..
      Love you loads…X…….HaHa

      • On May 15, 2017 at 3:54 am,
        irishtony says:

        Jerry…He needs to post a photo of his ARSE so i can kiss it.

        • On May 15, 2017 at 5:00 am,
          OOTB Jerry says:

          That would take up to much space………. 🙂

          • On May 15, 2017 at 5:02 am,
            OOTB Jerry says:

            Sorry DT, could not resist … 🙂

  31. On May 14, 2017 at 4:38 pm,
    Markedtofuture says:

    New Private Terminal At LAX Allows Oligarchs To Mock Debt-Serfs Hauling Luggage Via Telescreen

    Here is a glimpse of what you’re missing over at the main terminal right now… There they process thousands of people at a time, they’re barking. It’s loud. Here it’s very, very lovely…”

    http://www.zerohedge.com/news/2017-05-14/new-private-terminal-lax-allows-oligarchs-mock-debt-serfs-hauling-luggage-telescreen

    • On May 14, 2017 at 4:45 pm,
      OOTB Jerry says:

      This is going to open up some litigation of Private Clubs with FED funding…….tax payers are not going to go along with this one……….move over elites before you piss everyone off…………….rant of the beginning of the week……………. 🙂

      • On May 14, 2017 at 4:47 pm,
        OOTB Jerry says:

        IF they want private at public expense …….rent a jet…….

  32. On May 14, 2017 at 4:46 pm,
    CFS says:
    • On May 14, 2017 at 5:09 pm,
      OOTB Jerry says:

      MASSIVE BOOK BURNING……….

      • On May 14, 2017 at 5:26 pm,
        OOTB Jerry says:

        Wonder if BANKS will seize up …..after RANDOM ATTACK …Shut Down….some Chinese banks ATMs are shutting down…..wonder how this will play on have Phyz……….

        • On May 14, 2017 at 5:58 pm,
          OOTB Jerry says:

          having …not have …sorry…

          • On May 14, 2017 at 6:06 pm,
            OOTB Jerry says:

            having not to say you are sorry……. 🙂

  33. On May 14, 2017 at 4:51 pm,
    OOTB Jerry says:

    BOttom must be in …..in silver………

    • On May 14, 2017 at 4:55 pm,
      OOTB Jerry says:

      Well I hope all MOTHERS enjoyed the weekend in America……….it was a time of joy and respect….for no one would be here without a MOTHER………well, most of us anyways…
      GOD BLESS the MOTHERS…………………………………………….

  34. On May 14, 2017 at 5:32 pm,
    CFS says:

    Infowars on draining the swamp:

    https://youtu.be/qmg3mPMeBb0

    • On May 14, 2017 at 6:01 pm,
      OOTB Jerry says:

      Proves Obama was a scum bag…….

      • On May 14, 2017 at 6:03 pm,
        OOTB Jerry says:

        Should be sued for privacy invasion……..spying …..on private citizens……let alone having the IRS auditing the TEAPARTY…………

        • On May 14, 2017 at 6:05 pm,
          OOTB Jerry says:

          RELEASE THE SCHOOL RECORDS

  35. On May 14, 2017 at 5:35 pm,
    OOTB Jerry says:

    TRUMP…..must be scaring the hell out of the establishment………..
    Harvard Law Professor Tribe….calls for impeachment……aol
    this is really a joke, for we all know Harvard is the seat of corrupt minds……jmo

    • On May 14, 2017 at 5:37 pm,
      OOTB Jerry says:

      Harvard accepts Chinese with cash…….and are not qualified as students to attend the pretend university……fake admission exams in writing skills…..

    • On May 14, 2017 at 5:42 pm,
      OOTB Jerry says:

      That is not enough money……needs to be $1mill plus………..

      • On May 14, 2017 at 5:43 pm,
        OOTB Jerry says:

        If, Obama get $400K for a speech………. 🙂

  36. On May 14, 2017 at 8:26 pm,
    CFS says:
  37. On May 14, 2017 at 9:56 pm,
    CFS says:
  38. On May 15, 2017 at 5:06 am,
    OOTB Jerry says:

    Silver up……….it is now safe to reenter the water……going back up to $21 this trip.

  39. On May 15, 2017 at 5:12 am,
    OOTB Jerry says:

    Republicans and Demons ….demand Trump turn over Comey tapes , if they exist. Sure thing ,….. he can turn them over with his tax records. And as soon as the demos turn in their pedo files.

    • On May 15, 2017 at 8:52 am,
      JohnK says:

      And I suppose there’s no pedophiles in the Republican Party or the independent Party either for that matter. Really Jerry, all that playing partisan politics does is give cover to all the Politicians to continue on doing what ever the hec they want in the name of
      what we are doing is some how better than the other. Isn’t about time someone started getting real?
      9/11 Never Forget.

      • On May 15, 2017 at 8:55 am,
        OOTB Jerry says:

        John, sorry, you are absolutely correct on the Repubs ….Ditto on the 9/11

        • On May 15, 2017 at 8:57 am,
          OOTB Jerry says:

          If you have been reading any of my post for the last several years, ….I have said many time what we have is a TWO HEADED SNAKE in politics.

          • On May 15, 2017 at 8:58 am,
            OOTB Jerry says:

            DRAIN THE SWAMP……..END THE FED……Throw the bums out……..

          • On May 15, 2017 at 9:23 am,
            b says:

            The fed wont end unless the Zionists are dealt with.

            As you say Jerry, a 2 headed snake, ya gotta cut the head(s) off to kill it.

          • On May 15, 2017 at 9:38 am,
            OOTB Jerry says:

            b……agree 100%

          • On May 15, 2017 at 9:39 am,
            OOTB Jerry says:

            That is why I mentioned …..christians need to wake up….on the PRETEND JEW Zionist

          • On May 15, 2017 at 9:41 am,
            OOTB Jerry says:

            If, they the christians new scripture , they would not be supporting or condoning WAR and DEBT BONDAGE……

          • On May 15, 2017 at 9:44 am,
            OOTB Jerry says:

            Beside the church does not need a 501 3b Tax certificate from the govt ……separation of church and state……….jmho

          • On May 15, 2017 at 9:44 am,
            OOTB Jerry says:

            knew not new……..

  40. On May 15, 2017 at 10:37 am,
    Silverdollar says:

    Dr. Moore’s thought on the time factor is why I prefer PBS News to all the others. They delve into the subjects and generally explore them from a couple points of view. No one else seems to do this. Thanks Al for the show and guests that you brought to us this week.