Andrew Dodson, the peace loving Alt-Righter driven to suicide by Leftists

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Posted by on May 24th, 2018 // No Comment



 


News broke in the right-wing spheres this week about Andrew Dodson — an American activist who passed away from a drug overdose and suspected suicide on March 9th 2018 at his home.

Dodson, 34, was a graduate of both Westminster Catawba Christian School who then went on to Clemson University, where he earned degrees in Electrical Engineering and Mathematics. He later studied at the University of Arkansas, completing his graduate work in Electrical Engineering — after which he moved to Boston, MA and worked with several companies in Advanced Nuclear Reactor Design. Recently, Drew and other scientists were pursuing a new class of molten salt test reactors for producing goods such as medical isotopes.

His dream was to see a world with cheaper, cleaner, safer energy.

News of Andrew’s death has come as a shock to many who knew and had met him before — his family having kept it quiet back in March — but to the attendees of Charlottesville, it has served as an unsettling reminder of the sentences many of them are still serving after attending the rally.

The ‘Charlottesville’ event, held on August 12th 2017, was officially called ‘Unite the Right’. Its stated goal was to oppose the removal of a statue of Robert E. Lee from Emancipation Park. Speakers included Richard Spencer, Mike Enoch, Baked Alaska, Augustus Invictus, and several others.

After the disastrous fallout and the subsequent media furore over the death of counter-protester Heather Heyer, images of the attendees quickly began circulating left-wing blogs and Twitter accounts in an attempt to identify and locate those who were involved.

Charlottesville is still to this day used an example of ‘when the right go too far’, however key speakers claimed afterwards that many of the issues faced by attendees on both sides of the political spectrum that day pointed towards a ‘set up’ by the Mayor and the Police.

Blockades were due to be installed in the immediate area surrounding Emancipation Park to ensure no vehicles would be granted access, yet on the day these were not put in place. There were also many who noted that they were pushed into what they called a ‘kill box’ whereby the protestors were forced into close proximity with the violent counter-protestors, putting them in immediate physical danger. Eye witnesses also claimed the Police seemed very ‘relaxed’ on the day, standing by the perimeter of the event and ‘watching’ as opposed to making arrests, and the only first aid available was from the Unite the Right stewards, not the emergency services. Weapons such as knives and bats were also found in the perimeter of the park the morning of the event, allegedly left by the anti-fascist counter protestors to use on the day.

A state of emergency was also declared by the Police Department due to violent scuffles breaking out in the surrounding areas before the speakers were scheduled to start, yet counter-protestors were allowed to stay in the streets for over two hours with no arrests being made. It was during this time that Heather Heyer was hit by a car driven by James Fields.

Andrew Dodson was an attendee of that march, where he was pepper sprayed directly in the eyes. Online footage shows him screaming out in what looks like excruciating pain. Afterwards, he is seen telling his attackers “I forgive you. I love you.”

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Source Article from http://feedproxy.google.com/~r/TheEuropeanUnionTimes/~3/60d2pN23tIk/

You Are Being Programmed: 5 Ways Your Thoughts Are Being Driven Against Your Own Self-Interest

There are plenty of examples in history of mind control being used to influence masses of people to bend to the will of those in control. These days, as the Activist Post points out, mind control has expanded beyond the purely psychological to incorporate a technological aspect as well. The good news is that by being aware of these methods, you can avoid or at least reduce their effects to some degree.

Propaganda and advertising

As media continues to consolidate, the lines are blurring between government and corporate structure. News, television, movies and print can work together to deliver a message that seems to be true simply because so many sources report the same thing. With increasingly busy lives, people don’t have time to make the effort to delve further into what is true and what isn’t among all the information we are constantly bombarded with, and it can be easier to just accept what we’re told about topics like vaccines, the flu, and pesticides. Many times, these messages are even taken one step further and also sent subliminally.

Water, air and food

Another modern method of mental programming is the use of poisonous additives in our foods that change people’s brain chemistry to make them more docile. For example, MSG and aspartame essentially kill off brain cells by overstimulating them, and they are so widely distributed that we’re seeing the population become increasingly unmotivated and distracted. The fluoride that is regularly put in people’s drinking water, meanwhile, has been found to lower IQ. Even those who are more conscious about avoiding processed foods are still vulnerable from the pesticides sprayed on produce.

Education

Many people grumble that today’s youth are far less intelligent in many regards than older generations, and this might not be an accident. After all, dumbing down the people makes it a lot easier to impose your will on them. People who want to homeschool often face a lot of opposition – have you ever asked yourself why that is?

Drugs

Drugs are a convenient way to control people, and many times, it’s the people themselves who seek them out after being convinced that they somehow have something wrong with them. Psychiatry is considered by some to be one of the biggest facilitators of modern mind control as it tries to define everyone based on their disorders rather than their positive attributes. In fact, it is those who dare to question authority who often find themselves being labeled as having a mental problem and therefore in need of a mind-numbing medication. With more than a quarter of American children now taking psychiatric drugs, it’s becoming a normal way of life for the next generation.

Military testing

It’s an unfortunate fact that service men and women have long been subjected to mind control and medical experiments. When you think about it, people in the military tend to be those who respond well to structure and obedience, and training entails following orders without putting up resistance.

There are plenty of other mind control methods we’re seeing put to good use these days everywhere from religion and politics to sports and computers and even the electromagnetic spectrum. We are even seeing the development of artificial intelligence (AI) that can essentially read your mind by decoding your brain signals, and it’s scary to think of where this could all be headed. It’s time to wake up to what is really going on around you if you want to stand any chance of saving your free will.

Sources for this article include:

GlobalResearch.ca

ActivistPost.com

Source Article from https://worldtruth.tv/you-are-being-programmed-5-ways-your-thoughts-are-being-driven-against-your-own-self-interest/

You are being programmed: Five ways your thoughts are being driven against your own self-interest


Image: You are being programmed: Five ways your thoughts are being driven against your own self-interest

(Natural News)
There are plenty of examples in history of mind control being used to influence masses of people to bend to the will of those in control. These days, as the Activist Post points out, mind control has expanded beyond the purely psychological to incorporate a technological aspect as well. The good news is that by being aware of these methods, you can avoid or at least reduce their effects to some degree.

Propaganda and advertising

As media continues to consolidate, the lines are blurring between government and corporate structure. News, television, movies and print can work together to deliver a message that seems to be true simply because so many sources report the same thing. With increasingly busy lives, people don’t have time to make the effort to delve further into what is true and what isn’t among all the information we are constantly bombarded with, and it can be easier to just accept what we’re told about topics like vaccines, the flu, and pesticides. Many times, these messages are even taken one step further and also sent subliminally.

Water, air and food

Another modern method of mental programming is the use of poisonous additives in our foods that change people’s brain chemistry to make them more docile. For example, MSG and aspartame essentially kill off brain cells by overstimulating them, and they are so widely distributed that we’re seeing the population become increasingly unmotivated and distracted. The fluoride that is regularly put in people’s drinking water, meanwhile, has been found to lower IQ. Even those who are more conscious about avoiding processed foods are still vulnerable from the pesticides sprayed on produce.

Education

Many people grumble that today’s youth are far less intelligent in many regards than older generations, and this might not be an accident. After all, dumbing down the people makes it a lot easier to impose your will on them. People who want to homeschool often face a lot of opposition – have you ever asked yourself why that is?

Drugs

Drugs are a convenient way to control people, and many times, it’s the people themselves who seek them out after being convinced that they somehow have something wrong with them. Psychiatry is considered by some to be one of the biggest facilitators of modern mind control as it tries to define everyone based on their disorders rather than their positive attributes. In fact, it is those who dare to question authority who often find themselves being labeled as having a mental problem and therefore in need of a mind-numbing medication. With more than a quarter of American children now taking psychiatric drugs, it’s becoming a normal way of life for the next generation.

Military testing

It’s an unfortunate fact that service men and women have long been subjected to mind control and medical experiments. When you think about it, people in the military tend to be those who respond well to structure and obedience, and training entails following orders without putting up resistance.

There are plenty of other mind control methods we’re seeing put to good use these days everywhere from religion and politics to sports and computers and even the electromagnetic spectrum. We are even seeing the development of artificial intelligence (AI) that can essentially read your mind by decoding your brain signals, and it’s scary to think of where this could all be headed. It’s time to wake up to what is really going on around you if you want to stand any chance of saving your free will.

Sources for this article include:

GlobalResearch.ca

NaturalNews.com

ActivistPost.com

NaturalNews.com

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Source Article from http://www.naturalnews.com/2018-02-20-you-are-being-programmed-five-ways-your-thoughts-driven-against-you.html

Skyrocketing cancer rates driven by processed food, warn researchers


Image: Skyrocketing cancer rates driven by processed food, warn researchers

(Natural News)
If you’re still eating processed foods, the latest study in the British Medical Journal should be enough to steer you away from this dangerous habit. That’s because French researchers have found that the skyrocketing rates of cancer deaths can be pinned on the popularity of processed foods like sodas, sugary cereals, and ready-made meals.

Ultra-processed foods are loaded with chemical additives and are a far cry from a home-cooked meal. The more of these foods you eat, the higher your risk grows of getting any type of cancer. This is believed to be due to the higher amounts of sugar in these foods as well as the low content of fiber and vitamins.

In addition, the procedures used in manufacturing and the chemicals and additives used to enhance flavor and prolong shelf life are contributing to the risk. For example, processing food creates carcinogenic compounds like polycyclic aromatic hydrocarbons and acrylamide.

The study’s lead author, Dr. Mathilde Tourier, said: “They all have food additives, they all have compounds formed during the processing and heating of the products, and they have compounds that could come from the packaging itself.”

The more processed food you eat, the greater your risk of cancer

To reach these findings, researchers from the Sorbonne University in France studied food diaries filled out by 105,000 adults and ranked them by the amount of ultra-processed food they ate. The top quarter of the sample, for example, got 32 percent of their diet from ultra-processed food on average. This group had a 23 percent higher likelihood of developing cancer of any type during the following five years than the people in the bottom quarter of the sample, who only ate 8 percent ultra-processed food.

Overall, they found that a 10 percent rise in the proportion of highly processed foods in a person’s diet was linked to more than a 10 percent higher risk of all cancers overall and breast cancer specifically.

While these foods are bad for everyone, they are particularly risky for middle-aged women in terms of breast cancer risk. Women in the top quarter were a full 38 percent more likely to have post-menopausal breast cancer and 27 percent more likely to get premenopausal breast cancer, depending on their age. Prostate cancer risk was not impacted, but colon cancer risk was 23 percent higher in this group.

An assessment of 3,300 different food products found that the most common type of ultra-processed food was sugary products, which accounted for 26 percent of the foods that were in this category. Drinks accounted for one fifth of these foods, while breakfast cereal made up 16 percent.

The study also compared 19 European countries in terms of their ultra-processed food consumption. The U.K. topped the list with nearly 51 percent of the food bought by households in the country being ultra-processed; just 14.2 percent of the food bought in France fit the definition.

Less processed foods, meanwhile, did not have a cancer link. These include foods like cheeses, canned vegetables, pasta, and freshly made bread that is not packaged. Those who mainly ate unprocessed and fresh foods – like vegetables, fruits, beans, and fish – had lower cancer risks.

Foods to avoid

Some of the foods that are considered ultra-processed include mass-produced buns and breads, processed meats, potato chips, sweets, sodas, nuggets, meatballs, instant noodles, instant soups, and frozen meals. Experts suggest avoiding foods that have more than 15 grams of sugar, 5 grams of saturated fat, or 1.5 grams of salt per 100 grams.

Of course, it’s actually much simpler than that. You don’t need to check numbers or read labels at all because the healthiest choices won’t even have ingredient lists. It’s hard to go wrong when you stick to organic produce and whole foods. Exercising and maintaining a healthy weight can reduce your cancer risk even further.

Find more news on the science of food at Food.news.

Sources for this article include:

DailyMail.co.uk

BBC.com

NBCNews.com

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Source Article from http://www.naturalnews.com/2018-02-16-skyrocketing-cancer-rates-driven-by-processed-food-warn-researchers.html

Driven ’til they die: The cars that are most often kept for 15 years or longer


I’m one of those people who hangs on to their cars forever.

My 1991 Toyota 4WD pickup kept chugging on years after I was rear-ended on I-280 south of San Francisco. A salvage title and a “new” bed pulled from a junkyard got it back on the road, perfectly capable of handling blizzard conditions over Donner Pass or Death Valley’s furnace heat. (There’s a reason Toyota pickups are the preferred vehicle of the Islamic State.)

Story continues below.


Digital Trends published their picks for the most reliable cars in the market. The Toyota Prius tops their reviews. The 2017 model comes with major upgrades. They say that new hybrid models have a better battery, nicer interiors, a “more efficient four-cylinder,” and excellent gas milage. The Chevrolet Cruze is also reportedly a great deal. Digital Trends says that the Cruze “shed 250 pounds from the first generation,” and is easier to drive. It also gets 42 miles of gas per gallon on highways.


Media: Wochit



In 2015, the average length of ownership of a new vehicle was 6.5 years. Considering a new automobile loses an average of 11 percent of its value when you drive it off the dealership lot, holding a car a decade or more can make financial sense, as depreciation lessens over time.

But for an owner to keep a vehicle 10, 15 or even more years, that vehicle has to be pretty special. It must be reasonably reliable so that you don’t have to put your mechanic on retainer. And it must still be able to do the job, whether it’s a pickup hauling supplies from Home Depot or an SUV shuttling the kids.

What cars and trucks fit the bill?

The automotive analysis site ISeeCars.com decided to find out. It examined over 650,000 used cars from model years 1981-2002 sold from January through November 2017, and then filtered out those sold by the original owner. The models were then ranked by the original-owner percentage. Discontinued models were excluded.

The results are shown in the above gallery of cars that people keep the longest.

Spoiler alert: Toyota, whose models typically score high for dependability, dominates the list.

Source Article from https://www.sfgate.com/cars/article/Driven-to-til-they-die-The-cars-that-are-most-12488894.php

Apocalyptic numbers of “migrants” will overwhelm Europe this century, driven by global warming, say ‘experts’

Now that the general public is sick of the refugee crisis created by Middle East wars, watch for ‘Climate refugees’ as the fashionable reason for mass migration in 2018!

Before I get to the climate refugee portion of the story, see that the UN says there are 258 million migrants on the move around the world.   (The total population of the US is around 326 million and at present we gain one international migrant every 33 seconds!)

boat_people from Libya

Migrants headed to Europe!

According the UN there are 50 million “migrants” in the United States now making it the top destination for people on the move.

I’m going to emphasize for the umpteenth time that migrants do not equal refugees.  Even if the Left would love for you to get it into your head that every person on the move is a refugee of one sort or another, they are not.

The 1951 UN Refugee Convention  (still in effect) defined a refugee as follows:

“A person who owing to a well-founded fear of being persecuted for reasons of race, religion, nationality, membership of a particular social group or political opinion, is outside the country of his nationality and is unable or, owing to such fear, is unwilling to avail himself of the protection of that country; or who, not having a nationality and being outside the country of his former habitual residence as a result of such events, is unable or, owing to such fear, is unwilling to return to it..”[11]

 

Do you see anything in there about a refugee being someone running from a war zone, anything about needing a job, anything about being poor, anything about leaving a natural disaster area, anything about fearing gang violence, anything about the weather changing at home? NO!

So the vast majority of people on the move are NOT refugees, they are simply migrants.

But, watch for the on-going efforts of the borderless world pushers to try to claim they all are refugees.

So here is what the UN reported this week about migrants of all stripes.

The US has the highest number of migrants of any country in the world!

From Reuters:

NEW YORK (Thomson Reuters Foundation) – An estimated 258 million people are international migrants, a figure that has surged by a half since the turn of the century, the United Nations said on Monday.

One in ten of those people is a refugee or asylum seeker, the U.N. said in a report on migration trends and developments released to coincide with International Migrants Day.

Globally, 3.4 percent of the population consists of international migrants, meaning someone who lives in a country other than the country where they were born, it said.

[….]

The rights of migrants and the need for safe, well-managed migration policies are included in the set of Sustainable Development Goals (SDGs) adopted unanimously by the U.N. member nations in 2015, and the U.N is planning an international conference on migration late next year.

Other figures showed that migration contributed 42 percent of the population growth in Northern America between 2000 and 2015, and that the population in Europe would have declined during that time period without migration.

The biggest number of international migrants, nearly 50 million, live in the United States. Saudi Arabia, Germany and Russia have about 12 million international migrants each, followed by the UK with almost nine million, it said. [S.A. does permit large numbers of foreign workers, but they are not voting citizens.—ed]

The greatest number of migrants, 106 million, came from Asia, it said.

More here.

Beware the CLIMATE REFUGEE ruse!

climate-refugee-2-728

Off and on over the years I’ve followed the growth of the climate refugee movement. (See my archive on the topic by clicking here.)

I believe it will be taking off big time in 2018. (It’s a twofer: They will be able to whack the President on two things at once—refugees and global warming!)

The ‘climate refugee’ activists have been somewhat held back because so many thinking people question the validity of the global warming issue in the first place, and they have been stymied by internal political arguments about the word ‘refugee.’

Longtime promoters of the humanitarian ‘refugee’ redistribution of people, don’t want the word ‘refugee’ sullied or otherwise messed with.  But, those pushing redistribution of people and wealth using the climate argument want to latch on to the sexy word—refugees—that they know the media loves. And also because the word implies that we have some responsibility for them.

It’s just a guess, but I think that the glow is off that word for many people after more than a decade of being lectured and told that western countries must absorb the Muslim world’s problems by moving massive numbers of mostly illegitimate ‘refugees’ (migrants!) to the West.

The one-worlders need a new excuse, so here comes global warming creating ‘climate refugees.’ 

As you might guess, I set alerts to receive certain types of news from around the world every day.  One of those alerts is for ‘climate refugees,’ another is for ‘Syria refugees.’

The Syria alert has been packed with at least two dozen daily stories for the last few years, but I noticed lately that the ‘climate refugees’ stories are becoming almost as numerous!  What the heck!

Here is one (PBS News Hour) that is being blasted everywhere this week.

Global warming could drive 660,000 more people per year to Europe

The number of asylum seekers fleeing their home countries to the European Union will increase 188 percent — to 660,000 applications per year — by 2100 if carbon emissions and global warming continue on their current path, according to new estimates published Thursday in Science Magazine.

But, do you see what they have done here?

“Asylum seekers,” after going through a legal process and being granted asylum, are REFUGEES.  They are once again making the leap—making you think that those moving because of changing weather at home are legitimate refugees!  It follows that if they are refugees, you are primed to think that you must care for them, invite them to your town or some such nonsense.

There is a rebuttal of Science mag here.

And, here is another story, this one from Reuters, which rightly refers to the people moving due to changing weather as ‘migrants.’

To wrap up with some holiday cheer! There is even a story this week about Santa moving to the South Pole because of global warming.  Trying to be cute(?) as they plant the R-word here:

 

Screenshot (105)_LI

 

 

Source Article from https://refugeeresettlementwatch.wordpress.com/2017/12/24/apocalyptic-numbers-of-migrants-will-overwhelm-europe-this-century-driven-by-global-warming-say-experts/

TALK TO THE COMPUTER: 8 out of 10 customer services will soon be AI driven

Eight out of ten businesses will have implemented artificial intelligence by 2020, yet many consumers are concerned by a perceived invasion of privacy or a robot takeover. The answer is for a businesses to use AI seamlessly.

As a customer service solution, artificial intelligence is here to stay. For many consumers this presents no problems but a sizeable group are fearful of machine intelligence. For this constituency, businesses are better investing in making the integration of artificial intelligence seamless, according to the consultancy firm PointSource.

To understand how artificial intelligence is disrupting customer services and for ideas on how businesses can seamlessly adopted new technologies and deliver customer value, Digital Journal spoke with Barry Pellas, CTO and Chief Business Technologist at PointSource, a Globant company.

Digital Journal: What are the main challenges facing customer services?

Barry Pellas: Having a true understanding of the user’s journey and interaction points continue to be challenging. Internally, having a user first culture and having that be ingrained into everyday business is a challenge for many businesses.

DJ: How have consumer expectations shifted in recent years?

Pellas: Customer expectations have continued to increase across all channels and interactions. They expect seamless experiences and each new great experience they have sets the bar for all experiences regardless of the technology or platform.

DJ: How can artificial intelligence help manage customer services?

Pellas: AI’s most practical uses in this space are in those situations where you need more efficiency or better decision making, enhanced ability to process and consume information or with contextual personalization.

So for example, an AI could formulate suggested responses based on past interactions with customers across different channels or it could more simply be the technology that understands the words spoken through audio with some sentiment analysis attached to it which can be used to better train the AI to detect patterns for future calls with other individuals in similar situations.


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Source Article from http://govtslaves.info/2017/12/talk-to-the-computer-8-out-of-10-customer-services-will-soon-be-ai-driven/

Don’t get injured at night… Researchers discover cell repair driven by circadian rhythm; wounds heal 60% faster during the day

Image: Don’t get injured at night… Researchers discover cell repair driven by circadian rhythm; wounds heal 60% faster during the day

(Natural News)
Are you scheduled for some kind of surgery in the near future? You might want to request that it take place in the daytime. A recent study by researchers from the U.K.’s Medical Research Council (MRC) Laboratory of Molecular Biology, published in the journal Translational Medicine, has found that wounds inflicted during the day heal up to 60 percent faster than those that happen at night.

The researchers found that not only are the skin cells that repair cuts and burns more efficient in the daytime, but more collagen is also deposited at the wound site immediately after and for the following two weeks after a daytime wound takes place – ensuring a more efficient healing process.

The researchers’ findings were based on laboratory tests using skin cells called fibroblasts and keratinocytes, as well as from studies with mice.

The Daily Mail, reporting on the study, noted:

[D]uring the internal body clock’s ‘daytime’, wounds to the skin healed almost twice as efficiently as wounds incurred during the night. …

The researchers said faster healing took place because skin cells carried out faster repairs at the site of the wound to repair it much faster during the body clock’s daytime.

The difference between daytime and nighttime healing is one of the many facets of the human body controlled by the circadian rhythm – also known as the body clock. The body clock controls everything from sleeping to hormone secretion, and even how quickly you metabolize food.

Dr. John O’Neill, the study’s senior author explained, “This is the first time that the circadian clock within individual skin cells has been shown to determine how effectively they respond to injuries. We consistently see about a two-fold difference in wound healing speed between the body clock’s day and night. It may be that our bodies have evolved to heal fastest during the day when injuries are more likely to occur.”

Amazingly, this process was not governed by signals between cells, but by circadian clocks within the cells themselves, since the results were derived from human and mouse skin cells grown in laboratory dishes.

The cell repair was mainly driven by a protein called actin, filaments of which provide movement and structure, acting like muscles within the cell.

This study has huge implications for the future of surgery.

O’Neill noted, “In both cells and mice, we can reset the tissue healing response by tricking the cells into thinking it’s a different time of day – such as by turning the lights on at night and off at different times of day for the mice, or using body clock-altering drugs on cells in the lab.” He added, “It may be that healing time could be improved by resetting the cells’ clocks prior to surgery, perhaps by applying drugs that can reset the biological clock to the time of best healing in the operation site.”

This improved daytime healing is true of burns, too. As part of their study, the researchers examined the healing patterns of 118 burn patients registered in a major burn unit database in England and Wales. They found that burn victims who were burnt at night – between 8 p.m. and 8 a.m. – took about 60 percent longer to heal than people who sustained their burns during the day – between 8 a.m. and 8 p.m.

In fact, those who received their burns in the day were 95 percent healed within just 17 days, while those who were burnt at night took about 28 days to achieve the same level of healing. (Related: New “smart” bandages will dramatically cut healing time for wounds in chronic patients.)

The researchers are eager to engage in further research to determine whether changing surgery times or using drugs to reset patients’ circadian rhythms prior to surgery might result in better and faster healing. (Related: Discover all the latest medical breakthroughs at Medicine.news.)

Sources include:

DailyMail.co.uk

ScienceMag.org

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Source Article from http://www.naturalnews.com/2017-11-11-be-careful-at-night-researchers-discover-cell-repair-is-driven-by-circadian-rhythm-wounds-heal-60-faster-during-the-day.html

South Korean Economy Grows At Fastest Rate In 7 Years: Driven By Rising Global Demand For Silver Hi-Tech Products

South Korea

South Korea’s economy outpaced earlier growth expectations due to a rise in silver semiconductor exports.

Defying the elevated political tensions on the Korean Peninsula, South Korea’s economy has accelerated to its fastest rate in seven-years driven by robust domestic retail sales, as well as a pick-up in foreign trade. This brings the nation’s monetary policy into the spotlight, with investors and policymakers alike getting ready for a rate hike from the Bank of Korea (BOK).

South Korea’s department store sales accelerated to an 11-month high in September, driving a broader economic expansion, as consumer demand rose ahead of the national holidays. According to the nation’s trade ministry, total sales last month rose 4.9 percent year-on-year in September, compared to a 0.8-percent slump the previous month.

These figures include retail sales at Hyundai Department Store, Lotte Shopping, and Shinsegae Co. – the nation’s largest retail chains. Market participants expect a further acceleration in October, which would drive economic expansion in the current quarter, as last October retail sales rose 6 percent year-on-year.

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South Korea’s national holidays fell on 2-8 October this year and were likely accompanied by a robust increase in consumer demand for food and durable goods.

Overall, South Korea’s GDP rose 1.4 percent in Q3 quarter-on-quarter, or 3.6 percent year-on-year, according to data from the BOK. This was far above the consensus forecast of 0.8-percent quarterly growth, whilst annualized growth outpaced the earlier projections of 2.7-percent expansion.

“This kind of robust growth is surely a rate-hike ingredient,” Kim Doo-un of Hana Financial Investment said. “Shipments out of semiconductors and IT sector, in general, have been good, and it also seems exports of services also improved in the third quarter.”

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Meanwhile, South Korea’s inflation was [only] 2.1 percent in September, down from 2.6 percent in August, meaning the BOK still has wiggle room to protract on an interest-rate hike in order to allow for a more robust GDP expansion in the current quarter. The BOK cut its base borrowing costs from 1.5 percent to the current 1.25 percent back in May.

The economic growth in South Korea was also driven by the rising global demand for manufactured goods and [silver] hi-tech products. South Korea’s exports in memory chips allowed the nation to offset the negative effects of the decline in tourism and trade with mainland China, which both stem from the ongoing political tensions with North Korea.

“Provided conflict is avoided, South Korea should continue to grow strongly over the coming year,” Capital Economics’ experts wrote in a note.

Economists expect the BOK to bring base borrowing costs back up to 1.5 percent during their policy meeting in November, even though South Korea’s business confidence and investment appeal have suffered a blow due to the exacerbated threat of a military conflict with the North.

The BOK’s official GDP growth target is 3 percent, which the economy is currently overshooting, meaning the BOK can comfortably afford a normalization in rates in order to contain inflation at the expense of growth.

“Even if the economy contracts on-quarter, say by about 0.54 percent in the fourth quarter, we can achieve 3 percent expansion this year,” Chung Kyu-il of the BOK says.

South Korea has not employed large-scale unconventional monetary policies following the global financial crisis, only cutting its rates from 6 percent to 2 percent following the 2009 meltdown. Its monetary policies have been fairly steady, and are currently at their most accommodative since the crisis.

  1. South Korea Outlaws Cryptocurrencies Following China & Russia
  2. Bitcoin Digits Coming Under Strict Regulation In Australia: Getting Off The Ship While You Still Can

The BOK was trying to stave off the negative effects on the sluggish foreign trade in the past two years, but now that the global demand for South Korea’s manufactured goods has accelerated, the regulator might be on track to normalizing domestic credit conditions.

South Korea is poised to capitalize on the ongoing improvements in international trade, as well as fiscal stimulus in the form of increased government spending, and gains in the nation’s minimum wage – which would spur domestic demand for consumer goods.

However, South Korea’s economy has a major structural flaw, which is the high level of household indebtedness. A more aggressive monetary policy course could ease the problem over the next two decades, but as of now, the BOK is taking a rather cautious stance on the matter.

Sputnik

 

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Source Article from https://politicalvelcraft.org/2017/10/29/south-korean-economy-grows-at-fastest-rate-in-7-years-driven-by-rising-global-demand-for-silver-hi-tech-products/

‘Fight for $15’ Tries to Take Credit for Market-Driven Wage Hike

Target announced it will raise its starting wage for employees to $11 an hour by October, to better compete for holiday workers. But Fight for $15 activists are trying to claim it as a victory of their own.

The retail giant also said that starting pay would be $15 by 2020.

This was driven by market forces including the desire to stand out from a pack of lower-paying retailers all in search of the best employees in a tightening labor market. As one Forbes columnist put it, the voluntary decision by Target proved “Fight for $15” is “Unnecessary.”

In spite of that, the “Fight for $15” activists and others on the left used the news to claim it was a “huge victory” and demand other businesses do the same thing. Ebony used the phrase “Fight for 15” in its headline about Target’s wage increases, while Upworthy touted it as “another battle won in the fight for $15” and a reflection of “a strengthening movement to increase the national minimum wage.

Since Fight for $15 began protesting and pressuring businesses and governments to raise minimum wages, some California cities and Seattle did establish higher minimums. In those places, researchers say higher wage requirements contributed to restaurant failures, more restaurant hygiene violations and lost wages for low-skilled workers.

Still, Common Dreams celebrated Target’s decision and tried to link it to the activists. They published a story headlined, “‘Our Momentum is Unstoppable’: Workers Celebrate As Target Announces $15 Minimum Wage.”

While most national media didn’t jump to connect the two, the liberal Washington Post made sure to tell reader “Labor groups see the raise as a victory after a five-year campaign to significantly boost pay for low-income workers.” The Post previously covered the labor protests sympathetically, like many other liberal news outlets which cheered wage increases and skewed reports in favor of hike proponents..

Common Dreams quoted an email from Fight for $15 organizer and McDonald’s employee Steven Suffridge who said, “Five years ago, when 200 New York City fast-food workers first walked off the job for $15 an hour and union rights, nobody gave us a shot. Since then, we’ve spread this movement to every corner of the country and beyond fast-food. We did what they said we couldn’t: we won. We won in the states, in the cities, with the big politicians and with the big corporations.”

“And today, we won $15 an hour for all Target employees,” Suffridge claimed. Foul-mouthed Wonkette blog also quoted Suffridge in a post clearly from the side of workers who “demand decent” wages.

Although Fight for $15 protesters have called for the legal minimum wage to be nearly doubled (to $15). The federal minimum wage in $7.25 an hour, but some states and cities have higher minimum wage requirements. The activists have often called out particular businesses since starting a crusade against fast-food chains 2012. Forbes columnist Michael Saltsman argued that Target’s decision has nothing to do with them and proof government mandates are unnecessary to get higher wages.

“It’s not unusual for companies to raise employee pay above the minimum wage absent government action; in fact, it’s routine. Consider: During the years between our last two federal minimum wage increases–one in 1996-1997, and again in 2007-2009–the number of hourly employees earning at or below the federal minimum dropped every year. By 2006, just two percent of the hourly workforce was paid the federal minimum wage,” Michael Saltsman of the Employment Policies Institute wrote for Forbes.

Saltsman added, “Target’s decision to increase its store minimum wage to $15 an hour is another example of how wages rise in a free economy–by choice, not by government mandate.”

Seattle Higher Wages Leaves Dirty Restaurants and Fewer Low-Wage Jobs

One of the cities lauded for raising wages is Seattle, which pushed it to $13 per hour in 2016 with a plan to get to $15 per hour eventually.

But “not all is rosy” there, according to researchers. US News & World Report said the National Bureau of Economic Research released a paper in June suggesting the number of hours worked “in low-skill professions dropped more than 9 percent in Seattle” and “low-wage jobs declined” by about 5,000 positions — overlapping with the minimum wage boost.

“[T]he study found that the net cons of the minimum wage uptick outweighed the pros by a measure of three-to-one and that low-wage workers lost an average of $125 per month as a result of the ordinance, which increased hourly wages by 3 percent while dragging on payroll totals and hours worked,” according to US News & World Report.

Another “unexpected effect” of minimum wage hikes seems to be poorer restaurant hygiene. NPR reported on Sept. 13, that hygiene violations in Seattle restaurants rose as wages climbed.

Ball State University researcher Srikant Devaraj told NPR’s Morning Edition, “We find that a dollar increase in minimum wage resulted in a 6.4 percent increase in overall health violations and 15.2 percent increase in less severe violations as a result of the [wage] increases.”

Why? The researchers think that restaurants scaled back certain services rather than pass costs on to customers, but admitted “we don’t know what the long-term trends are.”

In California’s Bay area, a Harvard study found that higher minimum wages increased the number of restaurant closures and resulted in fewer new ones opening.

“The study found that a $1 increase in the minimum wage increases the overall likelihood of a restaurant going out of business by 4% to 10%,” Erin Shannon of the Washington Policy Center wrote. That leaves inexpensive and lower-ranked restaurants, their employees and their patrons on the losing end of higher wage policies.

Source Article from https://www.newsbusters.org/blogs/business/julia-seymour/2017/09/28/fight-15-tries-take-credit-market-driven-wage-hike