Financial Oddities and Educational Destruction

Yahoo - Reuters - Japan $80 billion public fund may shift funds to stocks from bonds: sources. See, they want to steal pensions worldwide. This will end very badly. Their pension fund has $1.2 trillion in assets mainly in the form of secure government bonds. There is no claim that the fund is in trouble; but, the money is going into their stock market where there is high risk. It is therefore just a matter of time.

Global Research - The Detroit Bail-In Template: Fleecing Pensioners to Save the Banks. This is one of the few articles I have read that pointed out that bail-ins have already become the chosen method for future bank failures and even discusses the G20s part in the plan.

Bloomberg - NYC’s Good Times May Sour Like Detroit’s, Bloomberg Warns. It doesn't matter where you go all the politicians blame our problems on public pensions. It doesn't matter that people went to jail for taking bribes over the New York pensions. He also wants to change the healthcare plans, here is a line from the article, "“We will seek a data-driven, modern health-care plan that will focus on prevention, provide higher-quality care,” the mayor said. He estimated the savings at $400 million a year." What is a data driven health care plan? It sounds good; but, what does it mean? It means that employees will be required to have their health monitored and participate in mandatory health programs. I cannot believe the people of New York ever voted for Bloomberg.

Yahoo - Sun's magnetic field "is about to flip", warns NASA. It happens regularly; but, there has been more talk about it this time.

Huffington Post - Common Core Standards Already Being Taught Despite Political Controversy, Survey Shows. Common Core is just one more step in destroying the educational system. Here is a quote from the article, "Recently, Sen. Marco Rubio (R-Fla.) came out against Common Core, saying that "curriculum reform should be done at the state level."". This is basically the same thing I wrote about in my last post. We are nationalizing what kids are taught while also ensuring that fewer and fewer will ever attend college.

Yahoo - Reuters - Nikkei leads Asian stocks lower; dollar dips. To be specific, their stock market just lost 4% in one day. Sounds like the perfect market to invest all those Japanese pensions in.