indexes are designed to provide real-time information on major inflation trends, not to forecast official inflation announcements. We are constantly adding new categories of goods, but we do not cover 100% of CPI goods and services. The price of services, in particular, are not easy to find online and therefore are not included in our statistics.
On September 17 there will be a full day and evening European American Leadership seminar focusing on the Tactics of White Awakening and mobilization. It will not a be a hand-wringing session bemoaning the sad condition of our people and nations, but a practical seminar concentrating solely on what we can do about it. Specifically, it concerns itself with the high mountain highway of White preservation, renewal and empowerment. It will deal primarily with the ideological and verbal war against our heritage and how to counter anti-White racist ideology and psychology pervading the media and academia. It will focus on methods for our activists and leaders to abandon the defensive positions of traditional conservatism and go on the ideological and psychological offense. Also, it will teach how people how to avoid the traps of the anti-White ideologues and show how the anti-White minions are the true racists and hypocrites on these critical matters. The Seminar will be interesting, entertaining, exciting and inspiring! There will also be music and great fellowship for like-minded people from all over the United States and from many parts of the Western World.
Bank of America, under fire from shareholders and analysts, is getting a $5-billion investment from Warren Buffett's investment company. The banking giant's stock soared this morning on the news.
The investment by Berkshire Hathaway is reminiscent of a $5-billion investment Buffett made in Goldman Sachs in September 2008 in the depths of the financial crisis. That injection of capital helped restore confidence in Goldman and helped the Wall Street firm attract other investments.
As with the Goldman infusion, Buffett negotiated extremely favorable terms from Bank of America. He is set to receive BofA preferred shares that will pay Berkshire a 6% dividend each year. If the bank wants to redeem the shares it has to pay Buffett a 5% premium.
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| Market-Ticker.org |
How big is planet earth? Large if compared to the moon, small if compared to the solar system, and infinitesimal if compared to the universe. The point is that the size of something depends on that to which it is being compared.
The San Francisco Federal Reserve Bank www.frbsf.org and offshoring’s shills forgot this simple point. On August 8 the SF Fed put out an Economic Letter in which US imports of goods made in China (both by Chinese and US firms) were explained away as a mere 2.7 percent of US personal consumption expenditures.
I am confident that the staff of the SF Fed were competent to get the percentage correct. But does it mean anything? No.
For most Americans, their income is used up on housing, energy, car payments, food, and medical care. Very little income is left, especially these days, for durable (for example, furniture and household equipment) and nondurable (for example, clothing and shoes) manufactured goods.
