Thursday, March 5, 2015
CGI's HotCoffee: A customer walked into his pizza shop and changed Philadelphia with $1 and a single Post-it note
From CGI's HotCoffee:
Philadelphia is the poorest large city in the United States.
And it's the city with the worst deep poverty
rate in the country, with roughly 185,000 people (including 60,000 kids)
living on incomes below half of the federal poverty line. With that,
homelessness is on the rise, and the city doesn't have enough resources
to be there for everyone.
Heavy, right?
Well, I don't mean to bum you out. Actually, I
want to shine a big, bright light on some people who are giving
Philadelphia's homeless a daily taste of hope and kindness.
At one Philly pizza parlor, customers can "pay it forward" by pre-purchasing $1 slices of pizza for people in need.
At one Philly pizza parlor, customers can "pay it forward" by pre-purchasing $1 slices of pizza for people in need.
Owner Mason Wartman, who left his Wall Street
desk job to open Rosa's Fresh Pizza, says pay-it-forward pizza started
with one customer, one dollar, and one Post-it note.
Mason Wartman stands at the helm of Rosa's Fresh Pizza.
The customer was inspired by an Italian coffee
house practice called caffè sospeso (suspended coffee), by which
customers can pre-purchase cups of coffee for less fortunate customers.
Wartman wrote the purchase on a Post-it and slapped it on the wall
behind the register to be redeemed by the next homeless patron to enter
the store.
As word spread, more and more customers participated.
As word spread, more and more customers participated.
And Rosa's wall blossomed with colorful notes
signifying acts of kindness — and a guaranteed slice for everyone who
walked in, regardless of their ability to pay.
Since that first pay-it-forward slice, Rosa's has provided nearly 10,000 pizza slices to needy Philadelphians.
Pre-purchased slices now represent a whopping
10% of Rosa's business. And it's having a remarkable impact on the
community, showing not only that acts of kindness can be contagious, but
also how a small gesture of support can have a ripple effect of
positivity.
In the video, Wartman tells the story of a homeless regular who disappeared for a while only to return having found a new job and wanting to pay it forward as others had done for him. And in an interview
with the Pittsburgh Post-Gazette, Wartman notes that some have even
said the program has helped to keep them out of trouble with the law:
http://www.upworthy.com/a-customer-walked-into-his-pizza-shop-and-changed-philadelphia-with-1-and-a-single-post-it-note?c=hpstream
Measles outbreak documented among the ‘fully immunized’
(AlignLife)
What caused 14 fully vaccinated students to catch measles at
Disneyland? There’s only one possible answer, but you probably won’t
hear it from the press.
http://alignlife.com/articles/childhealth/measles-outbreak-documented-among-fully-immunized
See also:
"Putting the Measles Mania into the Proper Perspective"
https://www.utopiasilver.com/putting-the-measles-mania-into-the-proper-perspective/
Fool Whip (The Dangers of Whipped Topping Products)
by Donna Voetee (aka Granny Good Food)
(The Best Years in Life) You can call it
“Dessert Topping,” “Cool Whip,” “Whipped Topping,” or whatever you like.
I call it Fool Whip. Here are the ingredients of one such product found
in our local market:
Read More (including how to make a healthy substitute):
See also:
"80% of the Packaged Food Items on Our Grocers Shelves Contain Ingredients Banned in Other Countries"
"Healthier Colored or Plain Frosting"
"The Best Years in Life Healthy Recipes"
FW: Black Middle Schooler Blasts Obama: 'Here in America, We Don't Back Down...
Just passing this along...
This young man is 12 years old. Please watch this short video and read the article.Smart young man.http://www.mrctv.org/blog/black-middle-schooler-blasts- obama-here-america-we-dont- back-down-terrorists
All Major Global Banks now meet Basel III Requirements
Rumor Mill News Agents
Forum
All Major Global Banks now meet Basel III
Requirements
All major global banks now meet Basel III requirements
Tuesday, March 3, 2015
The world’s 224 major international banks now meet the risk-based capital requirements under the tougher Basel III banking regulations and have further narrowed the shortfall in capital required to meet targets for 2019, according to the Basel Committee on Banking Supervision (BCBS).
The Basel Committee, which sets global standards for banking supervision, said the aggregate shortfall for the 98 largest internationally active banks relative to the 7 percent target for common equity (CET 1) in 2019 amounted to 3.9 billion euros as of June 30, 2014, down from a shortfall of 15.1 billion as of end-2013 and from a shortfall of 485.6 billion euros on June 30, 2011.
In comparison, these 98 banks – known as Group 1 banks with Tier 1 capital in excess of 3 billion euros – had total after-tax profits prior to distributions of 210.1 billion euros in the six months ending June 30, 2014.
The shortfall for the smaller Group 2 banks, which have Tier 1 capital below 3 billion euros, narrowed to a mere 0.1 billion euros relative to the minimum level of 4.5 percent and was 1.8 billion relative to the 7.0 percent target, down from shortfalls of 2.0 billion and 9.4 billion, respectively from the previous survey in September last year.
The Basel Committee, which groups supervisory authorities from almost 30 jurisdictions, has published six previous reviews of how Basel III rules will impact banks and financial markets.
Basel III was agreed by global leaders ion 2010 in an effort to strengthen the global financial system following the crises in 2008, and imposed higher capital charges on banks to ensure they had enough of a cushion to withstand the stress from a financial crises along with stricter supervision.
The Basel Committee on Banking Supervision issued the following statement:
“The Basel Committee today published the results of its latest Basel III monitoring exercise. The study is based on the rigorous reporting process set up by the Committee to periodically review the implications of the Basel III standards for banks. The results of previous exercises in this series were published in September 2014, March 2014, September 2013, March 2013, September 2012 and April 2012.
A total of 224 banks participated in the current study, comprising 98 large internationally active banks (“Group 1 banks”, defined as internationally active banks that have Tier 1 capital of more than €3 billion) and 126 Group 2 banks (ie representative of all other banks).
The results of the monitoring exercise assume that the final Basel III package is fully in force, based on data as of 30 June 2014. That is, they do not take account of the transitional arrangements set out in the Basel III framework, such as the gradual phase-in of deductions from regulatory capital. No assumptions were made about bank profitability or behavioural responses, such as changes in bank capital or balance sheet composition. For that reason, the results of the study are not comparable to industry estimates.
Data as of 30 June 2014 show that all large internationally active banks now meet the Basel III risk-based capital minimum requirements. Moreover, capital shortfalls relative to the higher target levels have been further reduced. For example, at the Common Equity Tier 1 (CET1) target level of 7.0% (plus the surcharges on global systemically important banks – G-SIBs – as applicable), the aggregate shortfall for Group 1 banks is €3.9 billion, compared to €15.1 billion on 31 December 2013 and €485.6 billion on 30 June 2011. As a point of reference, the sum of after-tax profits prior to distributions across the same sample of Group 1 banks for the six-month period ending 30 June 2014 was €210.1 billion.
Under the same assumptions, the capital shortfall for Group 2 banks included in the sample is estimated at €0.1 billion for the CET1 minimum of 4.5% and €1.8 billion for a CET1 target level of 7.0%. This represents a narrowing of the shortfall from €2.0 billion and €9.4 billion compared to the previous period, respectively.
The average CET1 capital ratios under the Basel III framework across the same sample of banks are 10.8% for Group 1 banks and 11.8% for Group 2 banks.
Basel III’s Liquidity Coverage Ratio (LCR) came into effect on 1 January 2015. The minimum requirement is set initially at 60% and will then rise in equal annual steps to reach 100% in 2019. The weighted average LCR for the Group 1 bank sample was 121% on 30 June 2014, up from 119% six months earlier. For Group 2 banks, the weighted average LCR was 140%, up from 132% six months earlier. For banks in the sample, 80% reported an LCR that met or exceeded 100%, while 96% reported an LCR at or above 60%.
Basel III also includes a longer-term structural liquidity standard – the Net Stable Funding Ratio (NSFR) – which was finalised by the Basel Committee in October 2014. Given data collected as part of the end-June 2014 reporting period was obtained prior to the release of the revised standard, the report provides analysis of results under the consultative document issued in January 2014. The weighted average NSFR for the Group 1 bank sample was 110% while for Group 2 banks the average NSFR was 114%. As of June 2014, 80% of the 212 banks in the NSFR sample reported a ratio that met or exceeded 100%, while 92% of the banks reported an NSFR at or above 90%.”
www.CentralBankNews.info
Source: http://www.centralbanknews.info/2015/03/ all-major-global-banks-meet- basel-iii.html#more
Cabal Driven Global Economy
The Foul Stench Of Desperation
+ Whatever Became Of Economists
And The American [Cabal Driven Global] Economy?
The Foul Stench Of Desperation +
Whatever Became Of Economists And The American [Cabal Driven Global] Economy?
March 6 2015 | From: WakeUpKiwi via InvestmentResearchDynamics / PaulCraigRoberts
Something is really wrong behind the scenes. The insiders are exhibiting an extreme degree of desperation to keep the price of gold and silver from trading freely and to keep the stock market from plunging.
Every
time the S&P 500/Dow are in a free-fall, one of the big HFT
electronic commications networks (ECNs) mysteriously “breaks”.
Today the
S&P 500 was down 16 points and falling quickly. Then the BATS ECN
announced that it had to suspend trading in all of its trade routing
systems to the NYSE.
It just so happens that BATS is one of the largest, if not the largest, electronic communication networks in the world.
This happens every time the stock market goes into cliff-dive mode . How come it NEVER happens when the S&P 500 is going parabolic to the upside?
It just so happens that BATS is one of the largest, if not the largest, electronic communication networks in the world.
This happens every time the stock market goes into cliff-dive mode . How come it NEVER happens when the S&P 500 is going parabolic to the upside?
The economy is starting to fall apart. The plunging price of oil is just one indicator.
Retail sales down nearly 1% two months in a row with one of the months being December, which is historically the best month of the year for retail sales.
DOWN 1%.
Declines in retail sales are not very common – especially back-to-back monthly declines just under 1%.
It means that consumers are not buying. They are not buying because they have run out of money.
Retail sales down nearly 1% two months in a row with one of the months being December, which is historically the best month of the year for retail sales.
DOWN 1%.
Declines in retail sales are not very common – especially back-to-back monthly declines just under 1%.
It means that consumers are not buying. They are not buying because they have run out of money.
Revolving credit balances have been rising steadily now since 2011. The rise has begun to accelerate:
Contrary to popular
Wall Street myth, consumers don’t take out an increasing amount of
high-cost credit card debt when they feel “good” about the economy.
Since the mid-2000’s people have been using credit card debt increasingly to pay for necessities: food, gasoline, etc. Many will even put their monthly mortgage payment on their credit card.
This is part of the dynamic that lead to the credit market collapse in 2008. Banks are all too willing to issue them to everyone with less than stellar credit ratings because they can charge 15% (current average APR) on money for which they are borrowing from depositors for almost 0% .
Since the mid-2000’s people have been using credit card debt increasingly to pay for necessities: food, gasoline, etc. Many will even put their monthly mortgage payment on their credit card.
This is part of the dynamic that lead to the credit market collapse in 2008. Banks are all too willing to issue them to everyone with less than stellar credit ratings because they can charge 15% (current average APR) on money for which they are borrowing from depositors for almost 0% .
How do we know that consumers don’t “feel good” about the economy?
Because if you review all of recent macro economic surveys, you’ll find
that they all have sub-indices which measure “sentiment” or
“expectations.” Those sub-indices in particular are plunging.
I don’t know how much longer “they” can keep up this
absurd charade, but I know when that when they lose control the collapse
will be spectacular.
Whatever Became of Economists and the American [Cabal Driven Global] Economy?
According to the official economic fairy tale, the US economy has been in recovery since June 2009.
This fairy tale
supports America’s image as the safe haven, an image that keeps the
dollar up, the stock market up, and interest rates down. It is an image
that causes the massive numbers of unemployed [not just] Americans to
blame themselves and not the mishandled economy.
This fairy tale survives despite the fact that there is no economic information whatsoever that supports it.
Real median household income has not grown for years and is below the
levels of the early 1970s. There has been no growth in real retail sales
for six years. How does an economy dependent on consumer demand grow
when real consumer incomes and real retail sales do not grow?
Not from business investment. Why invest when there is no sales growth?
Industrial production, properly deflated, remains well below the
pre-recession level.
Not from construction. The real value of total construction put in place
declined sharply from 2006 through 2011 and has bounced around the 2011
bottom for the past three years. How does an economy grow when the
labor force is shrinking? The labor force participation rate has
declined since 2007 as has the civilian employment to population ratio.
How can there be a recovery when nothing has recovered
?
Do economists believe that the entire corpus of macroeconomics taught
since the 1940s is simply incorrect? If not, how can economists possibly
support the recovery fairy tale?
We see the same absence of economics in the policy response to the
sovereign debt crisis in Europe. First of all, the only reason that
there is a crisis is because instead of writing off that part of the
debt that cannot be paid, as in the past, so that the rest of the debt
could be paid, creditors have demanded the impossible – that all the
debt be paid.
In an attempt to achieve
the impossible, heavily indebted countries, such as Greece, have been
forced to reduce old age pensions, fire government employees, reduce
social services such as health care and education, reduce wages, and
sell-off public property such as ports, municipal water companies, and
the state lottery.
These austerity packages deprive the government of revenues and the population of spending power. Consequently, consumption, investment, and government spending all fall, and the economy sinks lower. As the economy sinks, the existing debt becomes a larger percentage of the GDP and becomes even more unserviceable.
These austerity packages deprive the government of revenues and the population of spending power. Consequently, consumption, investment, and government spending all fall, and the economy sinks lower. As the economy sinks, the existing debt becomes a larger percentage of the GDP and becomes even more unserviceable.
Economists have known this ever since John Maynard
Keynes taught it to them in the 1930s. Yet there is no sign of this
foundational economics in the policy approach to the sovereign debt
crisis.
Economists it appears have simply vanished from the earth. Or, if some
are still present, they have lost their voices and do not speak.
Consider “globalism.” Every country has been
convinced that globalism is imperative and that not to be part of the
“global economy” means economic death.
In fact, to be part of the global economy means death.
In fact, to be part of the global economy means death.
Understand the economic destruction that globalism has wreaked on the
United States. Millions of middle class factory jobs and professional
skill jobs such as software engineering and Information Technology have
been taken away from the American middle class and given to people in
Asia.
In the short-run this drops labor costs and benefits the profits of the US corporations that offshore the jobs, but the consequence is to destroy the domestic consumer market as jobs that permit the formation of households are replaced with lowly paid part-time jobs that do not.
In the short-run this drops labor costs and benefits the profits of the US corporations that offshore the jobs, but the consequence is to destroy the domestic consumer market as jobs that permit the formation of households are replaced with lowly paid part-time jobs that do not.
If households cannot form, the demand for housing, home appliances and
furnishings declines. College graduates return home to live with their
parents.
Part-time jobs hurt the ability to save. People are only able to
purchase cars because they can get 100 percent financing, and more in
order to pay off an existing car loan that exceeds the vehicle’s
trade-in value, in a six-year loan. These loans are possible, because
those who make the loans sell them.
The loans are then securitized and sold as investments to those desperate for yield in a zero interest rate world.
Derivatives are spun off these “investments,” and a new bubble is put in place.
The loans are then securitized and sold as investments to those desperate for yield in a zero interest rate world.
Derivatives are spun off these “investments,” and a new bubble is put in place.
When manufacturing jobs are offshored, the US plants are closed, and the tax base of state and local governments declines.
When the governments have trouble servicing their accumulated debt, the tendency is not to meet their pension obligations. This reduces retiree incomes, incomes already reduced by zero or negative interest rates.
When the governments have trouble servicing their accumulated debt, the tendency is not to meet their pension obligations. This reduces retiree incomes, incomes already reduced by zero or negative interest rates.
This unraveling of consumer demand, the basis for our economy, was entirely obvious at the very beginning.
Yet junk economists or hired corporate mouthpieces promised Americans a “New Economy” that would provide them with better, higher paying, cleaner jobs to take the place of the jobs moved abroad. As I have pointed out for more than a decade, there is no sign of these jobs anywhere in the economy .
Yet junk economists or hired corporate mouthpieces promised Americans a “New Economy” that would provide them with better, higher paying, cleaner jobs to take the place of the jobs moved abroad. As I have pointed out for more than a decade, there is no sign of these jobs anywhere in the economy .
Why did economists make no protest as the US economy was shipped abroad and deep-sixed at home?
Globalism also devastates “emerging economies.” Self-sufficient
agricultural communities are destroyed by the introduction of
large-scale monoculture agriculture. The uprooted peoples relocate to
cities where they become a drain on social services and a source of
political instability.
Globalism, like
neoliberal economics, is an instrument of economic imperialism. Labor is
exploited, while peoples, cultures, and environments are destroyed. Yet
the propaganda is so powerful that people partake of their own
destruction.
Quantum of Justice - a documentary
Please take a look at this short
article and view the trailer of the upcoming documentary film being
made. People need to wake up.
Quantum of Justice - a documentary
https://www.youtube.com/watch?
If you are unable to view the trailer at the link above, try the film maker's blog website: www.mycourthistory.com
Quantum of Justice - a documentary
https://www.youtube.com/watch?
If you are unable to view the trailer at the link above, try the film maker's blog website: www.mycourthistory.com
Created December 11, 2014
Doug Boggs
This is the trailer to the upcoming documentary film “Quantum of Justice”
by film maker, activist, and previous real estate developer Doug
Boggs. We follow the story through his first hand experience and what
he uncovered in his own personal fraudulent foreclosure process and his subsequent legal battle against Wells Fargo Bank, for fraud,
all while acting as his own attorney through the state of CA Superior
and Federal, through Appeals and taking us to the State Supreme court
systems.
His film exposes the incredible depth of the fraud of the foreclosure system, the failure of the justice system, the corruption of Wall Street and the illegalities of the Securitization of mortgages. Doug reveals how the foreclosure process continues to decimate millions of peoples lives throughout this country still to this day. He brings impressive clarity to the travesty of this injustice.
Follow as Doug explains how someone with NO MORTGAGE is foreclosed on, how a homeowner can be current on their mortgage and still be foreclosed on, how there is a very high chance that the bank foreclosing on any property has NO right to do so, and how many of the banks that collect the money for a mortgage every month have NO right to bill or collect that money, but do so month after month, year after year.
Learn how Wall Street and the financial institutions illegally collect trillions of dollars for mortgages that they have no right to collect from, as well as, the trillions the United States taxpayers used to bail these banks out.
Doug speaks with homeowners, Senators, Congresspersons, Judges, lawyers, bankers, Wall Street traders, and more exposing the true depth of the fraud of foreclosures never before seen to date.
If you enjoyed the Oscar winning film "Inside Job" you will not want to miss this amazing documentary! Doug takes up where that film left off, showing us all how this incredible fraud is being perpetrated upon every person in this country and how it directly relates to you personally.
You can learn more at the film maker's blog website:
www.mycourthistory.com
His film exposes the incredible depth of the fraud of the foreclosure system, the failure of the justice system, the corruption of Wall Street and the illegalities of the Securitization of mortgages. Doug reveals how the foreclosure process continues to decimate millions of peoples lives throughout this country still to this day. He brings impressive clarity to the travesty of this injustice.
Follow as Doug explains how someone with NO MORTGAGE is foreclosed on, how a homeowner can be current on their mortgage and still be foreclosed on, how there is a very high chance that the bank foreclosing on any property has NO right to do so, and how many of the banks that collect the money for a mortgage every month have NO right to bill or collect that money, but do so month after month, year after year.
Learn how Wall Street and the financial institutions illegally collect trillions of dollars for mortgages that they have no right to collect from, as well as, the trillions the United States taxpayers used to bail these banks out.
Doug speaks with homeowners, Senators, Congresspersons, Judges, lawyers, bankers, Wall Street traders, and more exposing the true depth of the fraud of foreclosures never before seen to date.
If you enjoyed the Oscar winning film "Inside Job" you will not want to miss this amazing documentary! Doug takes up where that film left off, showing us all how this incredible fraud is being perpetrated upon every person in this country and how it directly relates to you personally.
You can learn more at the film maker's blog website:
www.mycourthistory.com
Source: http://www.gofundme.com/iqx45s
Alarming New Information- USA About To Shake and Bake- Experts Warning To Prepare!
PLEASE PAY ATTENTION
TO "THIS VIDEO"
Alarming New Information-
USA About To Shake and Bake-
Experts Warning To Prepare!
Volcanic eruptions and earthquakes
are part of God’s end time
judgments…
....and now it could happen at any time!
Even the worldly experts
are warning people to prepare.
The watchmen
are warning people to
prepare.
If the watchmen and world
are both warning people to prepare,
why isn’t anyone listening?
This is HUGE news! Pay attention!
There is a
ton of information
you will want to know about!
Don’t miss a moment!
Petraeus’ End, Sequestration and Security, and Taking Back Tikrit – Daily Intelligence
Photo via EdLedford.com
Petraeus’ End, Sequestration and Security,
and Taking Back Tikrit – Daily Intelligence
Patreaus’ legacy ends with a plea deal, dire warnings on
sequestration from DoD,
and Iran leads Iraqis’ charge – all in today’s
defense headlines.
By Ed Ledford
March 4, 2015
Petraeus’ end. New York Times’ Michael S. Schmidt and Matt Apuzzo report, “David H. Petraeus, the best-known military commander of his generation, has reached a plea deal with the Justice Department and admitted providing his highly classified journals to a mistress when he was the director of the C.I.A. Mr. Petraeus has agreed to plead guilty to one count of unauthorized removal and retention of classified material, a misdemeanor. He is eligible for up to one year in prison, but prosecutors will recommend a sentence of probation for two years and a $40,000 fine.” See also, “‘There’s code-word stuff in there,’” “David Petraeus to plead guilty over leaks to lover,” “Ex-CIA chief David Petraeus admits sharing military secrets with mistress,” and “NSA whistleblower denounces Petraeus plea bargain.”
http://news.clearancejobs.com/
March 4, 2015
Petraeus’ end. New York Times’ Michael S. Schmidt and Matt Apuzzo report, “David H. Petraeus, the best-known military commander of his generation, has reached a plea deal with the Justice Department and admitted providing his highly classified journals to a mistress when he was the director of the C.I.A. Mr. Petraeus has agreed to plead guilty to one count of unauthorized removal and retention of classified material, a misdemeanor. He is eligible for up to one year in prison, but prosecutors will recommend a sentence of probation for two years and a $40,000 fine.” See also, “‘There’s code-word stuff in there,’” “David Petraeus to plead guilty over leaks to lover,” “Ex-CIA chief David Petraeus admits sharing military secrets with mistress,” and “NSA whistleblower denounces Petraeus plea bargain.”
http://news.clearancejobs.com/
Subscribe to:
Posts (Atom)
