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Rapper Akon Creates ‘Akoin’ Cryptocurrency

Authored by Molly Jane Zuckerman via CoinTelegraph.com, Rapper and singer Akon of twelve Billboard Top Ten Hits, including the famous “Smack That,” has announced the creation of his own cryptocurrency for use in his new African “Akon Crypto City,” Page Six reported yesterday, June 19. image courtesy of CoinTelegraph During a panel at Cannes Lion, Senegal-descended Akon said that his cryptocurrency, the Akoin, will be available in two weeks for use in the 2,000 acres of land recently given to him by the president of Senegal. The new Akon Crypto City describes itself as a “100% crypto-based city with Akoin at the center of transactional life […] blend[ing] leading Smart City planning designs with a blank canvas for cryptonizing our daily human and business exchanges, towards inventing a radical new way of existence.” Akon, who has already been involved with bringing solar power to Africa through his Lighting Africa project, said that bringing cryptocurrency to Africa can help empower its public: “I think that blockchain and crypto could be the savior for Africa in many ways because it brings the power back to the people and brings the security back into the currency system and also allows the people to utilize it in ways where they can advance themselves and not allow government to do those things that are keeping them down.” When asked about the specifics of the technology, Akon demurred, noting, “I...

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Bridge: US Liberals Are Clinically Insane And Care Nothing For The American People

Authored by Robert Bridge via The Strategic Culture Foundation, Even before Donald Trump won the White House, there were strong indications that something was not quite right with the Liberal mindset. Today, all doubt on the matter has been cleared away. The mass hysteria that swept across Liberal America, like one giant tear tsunami, following Hillary Clinton’s ‘surprise’ loss in the 2016 presidential election has reached a new level of madness and can now be described as a deep-seated psychosis. There are some understandable reasons for the Left’s collective mental breakdown. Briefly, ‘Russiagate’ is disintegrating into a burlesque theater of the absurd, while Trump – from jump-starting the Heartland’s industrial sector, to making peace with a nuclear-armed dictator, to ‘winning’ the World Cup – is on a serious roll. If the momentum continues, it may give the Republicans a crucial victory in November congressional midterms. The Democrats, acutely aware as to what is at stake yet unable to stop Trump, are showing a side of their character that can be best described as treacherous. And in order to see the symptoms of a disintegrating Democratic Party one only need look at the US entertainment industry. For example, actor Robert DeNiro, one of the most outspoken Hollywood critics of Trump, forced his captive audience at the recent Tony Awards to sit through an invective against the US leader, which started with the juvenile comment, “F*ck Trump!” Just in case his...

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For The First Time In U.S. History White Deaths Outnumber Births In Majority Of States

Deaths now outnumber births among whites in more than half of the United States, according to demographers at the University of Wisconsin in partnership with the University of Texas at San Antonio. Meanwhile the birth/death ratio among blacks, asians and latinos remains robust. Notably, the number of white deaths increased while births diminished between 1999 and 2016, signaling what could usher in a faster-than-expected transition to a future in which whites are no longer the majority in America. With significantly fewer white births and a rising number of deaths, natural increase (births minus deaths) actually ended in 2016. In that year, for the first time in U.S. history, data from the National Center for Health Statistics showed more white deaths than births in the United States. –wsic.edu “It’s happening a lot faster than we thought,” said Rogelio Sáenz, a demographer at the University of Texas at San Antonio and a co-author of the report, which covers the period from 1999 to 2016 using data from the National Center for Health Statistics. Sáenz said he initially thought that the results must be a mistake. We find overall white natural decrease in the U.S. for the first time in 2016 according to NCHS data. We also find that twenty-six states are currently experiencing it and that its occurrence has accelerated significantly in the past two years from seventeen states in 2014 to twenty-six...

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China’s Oil Trade Retaliation Is Iran’s Gain

Authored by Tom Luongo, I’ve told you that once you start down the Trade War path forever it will dominate your destiny. Well here we are.  Trump slaps big tariffs on aluminum and steel in a bid to leverage Gary Cohn’s ICE Wall plan to control the metals and oils futures markets.   I’m not sure how much of this stuff I believe but it is clear that the futures price for most strategically important commodities are divorced from the real world. Alistair Crooke also noted the importance of Trump’s ‘energy dominance’ policy recently, which I suggest strongly you read. But today’s edition of “As the Trade War Churns” is about China and their willingness to shift their energy purchases away from U.S. producers.  Irina Slav at Oilprice.com has the good bits. The latest escalation in the tariff exchange, however, is a little bit different than all the others so far. It’s different because it came after Beijing said it intends to slap tariffs on U.S. oil, gas, and coal imports. China’s was a retaliatory move to impose tariffs on US$50 billion worth of U.S. goods, which followed Trump’s earlier announcement that another US$50 billion in goods would be subjected to a 25-percent tariff starting July 6. It’s unclear as to what form this will take but there’s also this report from the New York Times which talks about the China/U.S. energy trade. Things could get worse...

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Continetti: GOP Focusing Immigration Debate on Families Would Put Dems on the Defensive

Washington Free Beacon editor in chief Matthew Continetti said Wednesday that President Donald Trump and Republicans have not lost leverage on immigration if they take steps to keep families at the border intact. Trump signed an executive order earlier Wednesday to keep families from being separated while their immigration cases are adjudicated, but he said Congress needs to pass a legislative fix. On Fox News’ “Special Report,” Continetti noted that neither party has a consensus on immigration and that the unpopularity of separating families was a political loss for Trump, while the president could still win by sticking to his zero-tolerance policy. “Trump found himself on the wrong end of a 70-30 issue. But now the problem is for the Democrats because separating families may be unpopular; zero tolerance, however, is relatively popular,” Trump said. “If the Democrats find themselves attacking a zero-tolerance policy while Republicans are doing their best to unify the families and keep them in detention together, I think the Democrats come up short.” In response to clips of senators making statements about immigration, Continetti said Republicans haven’t lost leverage if they pass narrow legislation addressing families at the border. He pointed to Democratic Sens. Joe Manchin (W.Va.) and Heidi Heitkamp (N.D.) as examples of those in red states who could vote with Republicans to solve the problem of families being separated. “There would be many...

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Chinese Investments In The US Plunge By 92%

Coming amid the escalating trade war between the US and China, many were quick to blame the collapse in Chinese investments in the US on tensions surrounding protectionism. And indeed, according to research firm Rhodium Group, China’s direct investments in the U.S. plunged in the first half of 2018 as Chinese companies completed acquisitions and greenfield investments worth only $1.8 billion, a 92% drop over the past year, and the lowest level in seven years. The reality, however, is that this has little to do with the Chinese trade spat, and everything to do with China’s crackdown on outbound M&A and conglomerate “investments” which as we said back in 2015, were just a thinly veiled scheme to cover capital outflows. Rhodium confirms as much: The rapid decline in Chinese FDI in the U.S. was driven by a “double policy punch” — Beijing cracking down on rapid outbound investment and the U.S. government increasing scrutiny on Chinese acquisitions through the Committee on Foreign Investment as well as taking a more confrontational stance toward economic engagement with China in general. The investment tracker is based on collection and aggregation of data on individual transactions, including acquisitions, greenfield projects, and expansions. Whatever the reason behind the sharp drop, however, it doesn’t change the fact that there has been a recent collapse in recycled Chinese capital back into the US. And, while it...

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For The Deep State, Smearing Julian Assange Is As Good As Killing Him

Authored by Caitlin Johnstone via Steemit.com, As I write this, demonstrations around the world are taking place in protest of WikiLeaks editor Julian Assange’s arbitrary detention and silencing by the US-centralized power establishment that has been actively pursuing his destruction for over a decade. The demonstrations will be well-attended, but not a fraction as well-attended as they should be. They will receive international attention, but not a fraction as much attention as they should. This is because the manipulators and smear merchants who have made their careers paving the way for oligarchic agendas have been successful in killing off sympathy for the plight of Assange. As we discussed yesterday, sympathy is key for getting narratives to take hold in public consciousness. This is why western corporate media will circulate pictures of dead children all day long when it’s in the interests of advancing longstanding imperialist agendas, but never when those children were killed by western weapons. If you can tug at someone’s heart strings while telling them a story, the story you tell them will slide right in with minimal scrutiny. And it works the other way, too: if you can prevent someone’s heart strings from being plucked while hearing about a legitimately heartbreaking story, you can prevent that story from taking hold. Kill all sympathy for a dissident journalist and you kill all belief in his side of the story. And Assange’s side of the...

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Black Hawks Down? Pentagon Admits Russian Chopper Trumps US

The U.S. Army’s Sikorsky UH-60 Black Hawk helicopters have fewer capabilities for critical missions than the Russian-made Mil Mi-17 (NATO reporting name: Hip) helicopters operating in Afghanistan’s Air Force, according to a new report from the Pentagon’s inspector general. Afghan Armed Forces, which are jointly working with the Pentagon to develop and extend its Air Force’s capacities, have been flying the Russian-made helicopters since the early 1980s. In response to President Putin’s covert/overt military operations in Ukraine and parts of the Middle East, U.S. lawmakers recently asked the Pentagon to phase out the Mi-17 sold by Rosoboronexport, Russia’s state-owned weapons exporter — in favor of American made helicopters in Afghanistan’s Air Force. An Afghan Mi-17 helicopter flown by Lt. Col. Bakhtullah, 377th Afghan Air Force Squadron commander, takes off for an air-assault training flight, May 29 from Kabul International Airport, Afghanistan (2013). (Source: Afghanistan Air Force) The transition to Black Hawk helicopters “presents several challenges that have yet to be fully addressed,” Pentagon Inspector General Glenn Fine wrote in a quarterly report, available to the public, on overseas contingency operations, posted last month after the first Black Hawk became operational in Afghanistan’s Air Force. “Black Hawks do not have the lift capacity of Mi-17s. They are unable to accommodate some of the larger cargo items the Mi-17s can carry, and in general, it takes almost two Black Hawks to carry the load of a single...

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Immigration Bills In Jeopardy After Dramatic GOP Bickering On House Floor

Rep. Mark Meadows (R-NC), chairman of the conservative House Freedom Caucus, had an angry confrontation with House Speaker Paul Ryan after confusion erupted over which version of an piece of immigration legislation the House of Representatives was set to vote on, with Meadows later claiming in a statement that “the leadership compromise bill omitted key provisions that had been agreed upon beforehand.” WATCH: (Clip 1/2) Exchange between @SpeakerRyan and Rep. Mark Meadows on the House Floor. (Look at NV column area of screen). Note: C-SPAN doesn’t control cameras/audio in House chamber. (h/t @Jakesherman) pic.twitter.com/WrtoLEfg4u — Jeremy Art (@cspanJeremy) June 20, 2018 WATCH: (Clip 2/2) Exchange between @SpeakerRyan and Rep. Mark Meadows on the House Floor. (Look at NV column area of screen). Note: C-SPAN doesn’t control cameras/audio in House chamber. (h/t @Jakesherman) pic.twitter.com/leOsUZUcTn — Jeremy Art (@cspanJeremy) June 20, 2018 Both men became animated – pointing fingers at each other to the point where reporters in the press gallery could hear the the heated discussion – such as Politico’s Jake Sherman who live-tweeted the drama.  🔥🔥 Mark Meadows and Paul Ryan are in a very heated discussion in the middle of the house floor. — Jake Sherman (@JakeSherman) June 20, 2018 Meadows is furious. Just walked over to his members — the freedom caucus — and signaled that he was done. I’m not sure what they’re pissed about —...

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Here Are The Three Possible Outcomes From Friday’s OPEC Meeting

Ahead of Friday’s OPEC meeting in which the oil producing cartel and Russia will most likely hike production for the first time in 2 years, various numbers are being thrown around, anywhere between 0 – which is how much additional oil Iran and Venezuela want to be produced – and 1.5 million barrels per day, which was the output increase goal of Russia as recently as Tuesday. However, just like no production increase is impossible, especially with the pressure Trump is weighing on his new best friends, Saudi Arabia, so the upper end of the production range, or 1.5mmb/d. is also unlikely as Energy Aspects analyst Amrita Sen said says in interview on Bloomberg Television from Vienna. Predicting that Vienna’s session on Friday will be “one of the most political meetings we’ve seen in years, if not decades” Sen also said that Russia’s proposal to increase output by 1.5mb/d is “non-starter,” “not even on the table for discussion” because crude prices would drop – sharply  – if OPEC+ agree to raise output more than 600kb/d. As a result the London-based analyst – who was already assuming 500k b/d output increase in 2H from Gulf Arab producers and Russia, even before this week’s OPEC summit was floated – forecasts that producers will likely add 300k to 600k b/d as Saudi Arabia, Russia, Kuwait, U.A.E. all want to boost output. Which...

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