This is more than a little bit disconcerting.  This past week former President Barack Obama was in Milan Italy; paid €3,000,000 ($2.5+ million) to deliver remarks to an international summit on food innovation called “Seeds and Chips”.

During the Q&A segment of Mr. Obama’s performance he was discussing challenges to the global community and governmental policy amid the larger food production discussion. Part of the discussion involved the issue of technological innovation displacing the need for human labor within farming and the agricultural industry.

While directing the discussion of workforce displacement, Mr. Obama took the opportunity to expand the conversation into more general terms.   What Obama said about labor distribution amid new and emerging economies is stunning. Perhaps even more stunning is the reaction from the European audience.  (video prompted 44:36)

https://youtu.be/DzQIfzB4qS4?t=44m36s

(44:36 of video) […] This is a much bigger concern in the economy as a whole.  And my guess is that ultimately what is going to happen is that everybody is going to have to work less and we’re going to have to spread work more.

But that is going to require a reorganization of the social compact.  That requires we change our mindset about the link between work, income and value of people in the teaching profession, or in healthcare, or in certain things that cannot be done by AI or a robot.

(more…)

CNN has continued to lead the way in manufactured news cycles through the past two years.  However, last night on Don Lemon’s show they took fake news broadcasting to new levels of ridiculousness.
During a segment with Robert Reich, Don Lemon and Reich promoted a conspiracy theory that Milo Yiannopoulous actually manufactured the Berkeley protests in an effort to shut down his own speech:

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Robert Reich […] Don, and I want to be very, very clear. I was there for part of last night, and I know what I saw. And those people were not Berkeley students. Those were outsiders, agitators. I’ve never seen them before. There’s rumors that they actually were right-wingers, they were part of a kind of a group that were organized and were ready to create the kind of tumult and danger you saw that forced the police to cancel the event.
(more…)

The left-wing globalist moonbats, and the movement they represent, has found a common enemy, Russia.  Their ideological avoidance knows no boundary.

Not content to simply blame Russia for the failure of Hillary Clinton, a British member of parliament is now blaming Russia for the Brexit vote. But wait, it gets better.
According to MP Bradshaw Russia is also to blame for the decision of France’s Socialist President, Francios Hollande, not to seek re-election.  No, really… not kidding.  Watch:

Cameron’s loss, Clinton’s loss, Renzi’s loss, Hollande’s loss… it’s all Russia’s fault.
(more…)

“Electronic Soup Cards”

That term, “electronic soup cards“, is simply brilliant.  It is powerfully brilliant because it is entirely correct.
As a person who searches for simple word assemblies to covey significant issues, I must admit that concise terminology is the best turn of words I’ve heard in years.

Factually, if the number of American people on EBT or SNAP welfare benefits had to line up for soup and meals (instead of just get money on an electronic card for use anywhere), there would be massive lines, miles-long lines, all day and all night in hundreds of thousands of soup kitchens nation-wide.   Such visibility would make the soup lines of the great depression seem insignificant by comparison.
The EBT and SNAP cards are exactly that, “Electronic Soup Cards”.
(more…)

If, like me, you haven’t been keeping up with the escalating crisis in Venezuela, you might be surprised at the scope of the protests in the past few days.
With massive food shortages still ongoing as a result of the economic crisis created by Nicholas Maduro policy, millions of people are now taking to the streets of the capital city of Caracus; and even chasing Maduro out of small towns and villages.

(Via ABC) Venezuelan President Nicolas Maduro reportedly was greeted by angry pot-banging protesters during a visit to Margarita Island.

Grainy cellphone videos said to be from the Friday night encounter were picked up by Venezuelan news sites and were trending on social media. The socialist leader is seen jogging through a crowd as residents loudly bang on pots and hurl obscenities.

His visit to Margarita Island earlier Friday evening was broadcast nationwide. Images of the protest were later posted by residents of the town where it reportedly occurred. (link)

(more…)

Sean Penn unavailable for comment on the socialist utopia he promoted to bring forth into the U.S.

CUMANÁ, Venezuela — With delivery trucks under constant attack, the nation’s food is now transported under armed guard. Soldiers stand watch over bakeries. The police fire rubber bullets at desperate mobs storming grocery stores, pharmacies and butcher shops. A 4-year-old girl was shot to death as street gangs fought over food.  Venezuela is convulsing from hunger.

Hundreds of people here in the city of Cumaná, home to one of the region’s independence heroes, marched on a supermarket in recent days, screaming for food. They forced open a large metal gate and poured inside. They snatched water, flour, cornmeal, salt, sugar, potatoes, anything they could find, leaving behind only broken freezers and overturned shelves. (more…)

Last month they lost their beer and toilet paper; this month they lose their soda… Meanwhile, back in the U.S.A, Sanders and Clinton campaign for same economic policies.
CARACAS, Venezuela – Coca-Cola is halting production in Venezuela of its namesake beverage due to a sugar shortage brought on by the country’s grinding economic crisis.
The Atlanta-based company said in an emailed statement Friday said that its production of sugar-sweetened beverages will be suspended in the coming days after local suppliers reported they had run out of the raw material. Sugar-free beverages are not affected and the company said its offices and distribution centers remain open in Venezuela.
The move comes as Venezuela’s economy is teetering on the edge of collapse with widespread food shortages and inflation forecast to surpass 700 percent. Last month, Empresas Polar, Venezuela’s largest food and beverage company, stopped production of beer because of a lack of imported barley. (read more)

Looks like the ordinary German nationalists have pushed back against the globalists and open border leftists in Germany.  Six years ago most of the EU admitted multiculturalism had failed miserably, yet they still allowed millions of mid-east “refugees” to tear away at the fabric of civilized society.  The ordinary citizens are saying ENOUGH !   

(Via Daily Mail) German voters turned to the far right in droves yesterday in a damning verdict on Angela Merkel’s open door border policy.

In regional elections she was humiliated by the anti-immigrant AfD – Alternative for Germany – party.

Formed just three years ago, it has surged in popularity following Mrs Merkel’s decision to roll out the red carpet for more than a million migrants.

Frauke Petry, who leads the Eurosceptic party, has suggested German border guards should open fire on illegal immigrants.

Analysts said the regional poll – in which Mrs Merkel’s ruling Christian Democrats lost two out of three states – was a ‘worst case scenario’ for the embattled chancellor ahead of a general election next year. (more…)

WASHINGTON POST – An emergency summit of European leaders called to salvage Greece’s financial rescue broke up acrimoniously late Tuesday, with officials saying the country now has just five days to avoid bankruptcy.

Following a day of talks in Brussels aimed at finding a way out of months of bitter deadlock, European leaders were scathing in their assessments of Greece’s proposals, calling them inadequate and demanding that the Greek government return with a detailed plan by Friday morning.

The leaders of all 28 European Union members will then meet on Sunday in what officials said would be the final chance to save Greece from economic oblivion. (Read More)

The government of Greece gets themselves into financial trouble with unsustainable social benefits and promises. Now, when they run out of money, they begin confiscating funds from those who actually saved money. “Recapitalization”, the ultimate spread the wealth program.

2016 will be known as the year when “socialism” confronts “capitalism”.  Bernie Sanders, Elizabeth Warren and Hillary Clinton leading Socialism Team U.S.A.

(Financial Times) Greek banks are preparing contingency plans for a possible “bail-in” of depositors amid fears the country is heading for financial collapse, bankers and businesspeople with knowledge of the measures said on Friday.

The plans, which call for a “haircut” of at least 30 per cent on deposits above €8,000, sketch out an increasingly likely scenario for at least one bank, the sources said.

A Greek bail-in could resemble the rescue plan agreed by Cyprus in 2013, when customers’ funds were seized to shore up the banks, with a haircut imposed on uninsured deposits over €100,000. (more…)