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IN THE NEWS | 2 July 2017

One World of Nations
2 July 2017

*Click on image or title to read complete article


OWON: For America the dream will erupt like a Volcano when the taps gets turned off. States can not fund anymore. Worse, the noncontributing Welfare cases will simply be cut off. No money is no money.

None get it. For 50 years America has lived a lie. Bankrupt, they will get it when it's whose turn now to die?

No money, no rights. When those checks stop, no one will be home to feed them or listen. Food banks won't cope. Starvation will hit the nation. For the Welfare obese? The workshy who play the system?

And still they will keep howling My Rights. But to deaf ears. You can't pay, Go away.

It's coming.

Pensions Timebomb - Pensions "Are Going To Be A National Crisis"

  • America’s underfunded pension system is “not a distant concern but a system already in crisis”...
  • Tax may explode as governments seek to bail out insolvent pension plans
  • Illinois, California, New Jersey, Connecticut, Massachusetts, Kentucky and eight other states vulnerable
  • The simple mathematical mismatch at the heart of the pension crisis...
  • Why the pension crisis really is “America’s silent crisis”...
  • Pensions timebomb confronts Ireland, UK and most EU countries

By Brian Maher, Managing editor, The Daily Reckoning

"This is going to be a national crisis..."

“This” being America’s woefully underfunded pension liabilities, according to Karen Friedman. She’s the executive vice president of the Pension Rights Center.

(A place called the Pension Rights Center does in fact exist. We checked.)

MarketWatch columnist Jeff Reeves howls in confirmation that “collapsing pensions will fuel America’s next financial crisis.”

“This is not a distant concern,” warns he, “but a system already in crisis.”

According to data supplied by the Federal Reserve, pensions — public and private combined — were roughly 27% underfunded at the end of last year.

By some estimates, America’s public pensions alone are sunk in a $6 trillion abyss.

The issue, approached from any direction, is an impossible knot… a tar pit… a minotaur’s maze of blind alleys and dead ends.

How has the American pension come to such an estate?

Most public pension systems were built upon the sunny assumption that their investments will yield a handsome 7.5% annual return.

But consider…

The average public pension plan returned just 1.5% last year.

Last year marked the second consecutive year that plans undershot the 7.5% return rate, according to Governing magazine.

The same plans worked an average gain of 2–4% in 2015.

A highly technical term describes the foregoing if it goes on long enough... and we apologize if it sends you to the dictionary:



OWON: Major markets and America is nowhere.

Half the population of the world and growing is the SCO.

Russia and India: an enduring friendship

For nearly 70 years now, Russia and India have maintained close relations both in the economic sphere and in defence. Russia has been the major supplier of armament for India for a long time, and has helped the country a lot in the confrontation with Pakistan. However, in recent years, the Russian-Indian relations have seemed to be losing their warmth. This impression is supported by the active foreign policy of the both states. India is extending relations with the USA, while Russia is actively cooperating with China and establishing relations with Pakistan, which both are the major rivals of India. Nevertheless, despite the appearance of mutual estrangement, these countries remain important and reliable partners for each other.

It is public knowledge that the special importance of the Russia-India relations is due to the fact that the two countries are cooperating in the military and technical field. As before, Russia is actively supplying sophisticated and advanced weaponry to India. In addition, Russia has helped organize the assembly work of high-tech military equipment in the territory of India. This fact demonstrates the high level of mutual confidence between the two countries. Russian-Indian cooperation is not limited to just defence technologies. The total goods turnover between the two states has totalled USD 7.7 billion, and keeps growing. Mutual investment has also reached several billion dollars.

Certain obstacles in the modern Russian-Indian relations concern the fact that Russia successfully develops relations with China, which is the major India’s competitor in Asia that has territorial disputes. Russia’s relations with another rival of India – Pakistan – has also improved. A territorial dispute between India and Pakistan is still acute, it has led to several military conflicts...


OWON: For those of inquiring minds...


OWON: What a farce! Yes, close the ports, better still send then them back and suggest they apply through normal channels for immigration. If you don't stop then coming, they will not stop and you will be swamped. It's like a never ending locust plague.

They bring ignorance, disease, never ending welfare and social housing costs and crime.

Then they prey on your children.

World View: Italy begs for help after 12,000 migrants arrive in four days

Italy has threatened to close all of its ports to ships of foreign NGOs carrying migrants and refugees, after being overwhelmed by the arrival of 12,000 migrants in four days on 22 ships. The UN Migration Agency said 8,863 migrants were rescued trying to reach Italy from Libya, and the EU’s border agency Frontex said its boats had recovered an additional 2,700 people.

About 76,000 migrants have arrived since January, and some estimates say that 220,000 people could land in Italy by the end of 2017.

The ships cross the Mediterranean Sea from Libya and mostly contain African refugees. In one Italian port in Reggio Calabria alone, 1,066 people disembarked from the Save the Children rescue ship Vos Hestia on Thursday. Among them were 241 unaccompanied minors...


OWON: Crazy... the collapse of Law is everywhere.

Wild partying German policemen dismissed from G20 security team

Police units sent from Berlin to help secure a G20 summit in Hamburg next week have been sent home after media reports that some officers had sex and urinated in the open while others brandished weapons while drunk at a wild party.

A Hamburg police spokesman confirmed that three units of around 300 officers in total from Berlin had been discharged and would not join the operation to secure the event, where German police are bracing for violence by anti-capitalist protesters.

Mass-selling newspaper Bild published pictures of what it said were members of a police unit in civilian clothing holding up drinks and beer bottles while others smoked shisha pipes at a Hamburg container village where the police were staying.

Bild did not say how it obtained the pictures...


OWON: Not so Great a billboard for British tourists to visit France. The Migrants can be bandit scum.

Welcome to the Future! Us or them? They only want to steal ours. The Not Welcome Here Signs need to go up.

‘Gang of migrants’ ambush British couple driving through Paris for their UK number plate

A GROUP of migrants allegedly ambushed an elderly British couple who were driving through Paris in a bid to steal their UK number plate.

Peter, 55, and Jill Stubbs, 57, were reportedly targeted by a dozen robbers as they were stuck in traffic en route home from a holiday in the south of France, the Sun reports.

They were briefly unable to escape as their black BMW was surrounded by three other vehicles and motorbikes held up the traffic.

Two men on foot allegedly began circling them with one carrying a gun or knife approached the driver’s side.

The second then used a brick to smash the passenger window before leaning in and grabbing Jill’s bag...


OWON: As always it's only the tip of a major iceberg with this bunch. For centuries they have gotten away with it.

If a Corporate Training Company was licensed to run our schools and behaved accordingly, the teachers would be in jail and licenses revoked.

When are we going to get it. Churches should not be running schools. Was ever such a bunch of Pedos so unfit? The scale of Vatican coverup is inexcusable.

Vatican Treasurer and former Archbishop charged with child sex offenses

Cardinal George Pell, the highest-ranking Catholic official in Australia and the sitting prefect of the Secretariat of the economy for the Vatican (the Church's treasurer) has been charged with multiple sexual offenses by Australian authorities.

"Cardinal Pell is facing multiple charges and there are multiple complainants," said Shane Patton, the deputy commissioner of the Victoria Police Department, during a press conference.

"For clarity, I want to be perfectly clear, the process and procedures that are being followed in the charging of Cardinal Pell have been the same that have been applied in a whole range of historical sex offences whenever we investigate them," Patton added...


OWON: ET is about to go public?

Hacker collective Anonymous releases video claiming that NASA is on the verge of announcing alien life

The hacker collective Anonymous has released a video repeating others' claims that NASA is on the verge of announcing contact with alien life.

The video, released Tuesday on an unofficial YouTube channel claiming to be affiliated with Anonymous, repeats the text of three articles from the conspiracy website

The video, which runs with advertising, has garnered over half a million views.

Recent discoveries both in our solar system and beyond have in fact boosted the hopes of those who long for first contact with alien life...

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