Venezuela Joins the Social Credit Club

James Corbett, December 15 2018

...this system is being lusted after by would-be tyrants in every corner of the globe. This month's case-in-point: Venezuela! That's right, citizens of everyone's favorite socialist paradise are about to be treated to a new ID card...

So you know all about China's social credit system by now, right? You know, the one that I've been talking about for years? The one that we had a sneak preview of 8 years ago in "You Are Being Gamed?" The one that's being trial ballooned at home via Carrot Rewards and other "motivational" point systems?

Yes, I dare say you do, because even if (for some unfathomable reason) you haven't read, watched or listened to everything I've ever done relating to the Chinese social credit scheme (tsk tsk), then you're probably a TV-addled fluoride head who's learned all about it from the MSM repeaters.

But for those two or three people who have been living under a rock for the past few years and somehow managed to avoid the story entirely, here it is in a nutshell: The Chinese government is planning to assign a "social credit" score to every single citizen by the year 2020. The score is a measure of one's behaviour. When you follow the rules, obey Communist Party dictates, post government-approved propaganda and generally behave like a "good citizen," your score will go ...

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The People vs. Paris

James Corbett, December 8 2018

Yes, it was just three scant years ago that we were treated to all the ballyhoo and tosh about the Paris Agreement and how it was going to save the world.

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The End

Bob Rinear, December 5 2018

Every time this market has gone a bit sour over the past 6 years, they’ve found a way to goose it higher.

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War Profiteering in WWI

James Corbett, November 28 2018

... it was not merely to line the pockets of the well-connected that the war was fought... it was a chance to change the very consciousness of an entire generation of young men and women

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SEC Launches Glitchy Database To Prevent Another Flash Crash

James Corbett, November 17 2018

Will this actually help prevent another flash crash? Will the database do what it's supposed to do?

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Madness

Bob Rinear, November 14 2018

Speaking of Madness, I’m on record saying that AI is a very dangerous thing. Opening areas that will have social impacts.

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Are Trump Regime Hardliners Heading for War on Iran?

Stephen Lendman, November 7 2018

Endless US launched war in Syria rages. Is aggression on the Islamic Republic coming? Will Trump regime hardliners dare embroil the region in something far more dangerous than already?

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You’re Next!

Bob Rinear, October 31 2018

Censorship is not harmless folks. When they control the narrative to the point where the only thing you can hear is their version of things, then we’re well on our way.

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How (Not) to Pop a Bubble

James Corbett, October 27 2018

Quantitative Tightening means that all those dollars that were thrown around the world over the past decade are now being sucked back into the US.

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Time Too Short?

Bob Rinear, October 24 2018

The old adage on Wall Street is that the market climbs the steps going up, but takes the elevator down. It certainly does.

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What is an NPC and Why Does it Matter?

James Corbett, October 20 2018

I didn't exactly coin the term, but I'll take credit for identifying it before it existed.

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What the Heck is Fair Value?

Bob Rinear, October 17 2018

Fair value is not a fail safe, doesn’t always tell you where things are going to open, and becomes useless just minutes into the day.

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Crime Pays (If you’re in government)

James Corbett, October 13 2018

This is the problem with criminality. Like a cancer, if it is allowed to fester in one part of society it will, sooner or later, spread to others.

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What About Bob?

Bob Rinear, October 10 2018

I wish it wasn’t so, but as you can see, the worlds in a bit of a mess right now and as we approach the mid-terms, I think all manner of hell is going to break loose.

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Uncle Sam Prepares His Robot Army

James Corbett, September 30 2018

... it is entirely possible that the next major war will be fought not by human soldiers but by telepathically controlled drone swarms and autonomous weapons. I mean, humans will die, of course, they just won't be required to do the fighting.

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