Capitalism will save this world
- Thread starter Angstrom
- Start date
In Cuba you will be incarcerated if you are caught with Crabs or Langouste
But its ok for tourists:roll:
MASTERCARD:
IT WAS BIGGEST XMAS IN HISTORY!
CHICAGO (Reuters) - Shares of U.S. department stores jumped on Tuesday as Mastercard Inc said shoppers spent over $800 billion during the season, more than ever before, boosted by growing consumer confidence, rising employment and early discounts.
Sarah Quinlan, head of market insights for Mastercard Advisors, disclosed the figure after the payments processor's analytics arm published its SpendingPulse retail report.
The report said holiday sales in stores and online between Nov 1 and Dec 24 rose 4.9 percent, the fastest year-on-year pace of increase since 2011. Mastercard, which tracks spending by combining sales activity in its payments network with estimates of cash and other payment forms, excluded automobile sales from its figures.
Most U.S. retail stocks have tumbled this year as they continued to lose sales to online stores, mainly Amazon.com Inc. Traditional players have also been hurt by heavy investments in technology and discounting, made to keep up with online and off-price competition.
Shares in J.C. Penney Co Inc rose 7.6 percent on Tuesday, while Kohl's Corp shares were up 5.8 percent, Macy's Inc rose 5.1 percent and Nordstrom Inc increased 2.8 percent.
SpendingPulse said the moderate sales increases seen in apparel and department stores were particularly impressive given this year's slew of store closures.
Online sales rose 18.1 percent during the holiday season, thanks to a late rally in sales, according to Mastercard.
"But that's probably only 11 or 12 percent of total retail sales ... the bulk of sales still is very much in stores," said Quinlan.
"There's growth, don't get me wrong, but we still love that experience of being in store."
The biggest winner of the holiday season was likely to be Amazon.com once again, however, according to a Reuters/Ipsos opinion poll conducted this month.
Amazon.com said on Tuesday that it had topped its worldwide holiday sales record this year, with more than 4 million people opting to trial Amazon Prime in one week during the period.
https://ca.news.yahoo.com/u-departm...oliday-spending-record-195126015--sector.html
IT WAS BIGGEST XMAS IN HISTORY!
CHICAGO (Reuters) - Shares of U.S. department stores jumped on Tuesday as Mastercard Inc said shoppers spent over $800 billion during the season, more than ever before, boosted by growing consumer confidence, rising employment and early discounts.
Sarah Quinlan, head of market insights for Mastercard Advisors, disclosed the figure after the payments processor's analytics arm published its SpendingPulse retail report.
The report said holiday sales in stores and online between Nov 1 and Dec 24 rose 4.9 percent, the fastest year-on-year pace of increase since 2011. Mastercard, which tracks spending by combining sales activity in its payments network with estimates of cash and other payment forms, excluded automobile sales from its figures.
Most U.S. retail stocks have tumbled this year as they continued to lose sales to online stores, mainly Amazon.com Inc. Traditional players have also been hurt by heavy investments in technology and discounting, made to keep up with online and off-price competition.
Shares in J.C. Penney Co Inc rose 7.6 percent on Tuesday, while Kohl's Corp shares were up 5.8 percent, Macy's Inc rose 5.1 percent and Nordstrom Inc increased 2.8 percent.
SpendingPulse said the moderate sales increases seen in apparel and department stores were particularly impressive given this year's slew of store closures.
Online sales rose 18.1 percent during the holiday season, thanks to a late rally in sales, according to Mastercard.
"But that's probably only 11 or 12 percent of total retail sales ... the bulk of sales still is very much in stores," said Quinlan.
"There's growth, don't get me wrong, but we still love that experience of being in store."
The biggest winner of the holiday season was likely to be Amazon.com once again, however, according to a Reuters/Ipsos opinion poll conducted this month.
Amazon.com said on Tuesday that it had topped its worldwide holiday sales record this year, with more than 4 million people opting to trial Amazon Prime in one week during the period.
https://ca.news.yahoo.com/u-departm...oliday-spending-record-195126015--sector.html
Do you know what a contract is?
One story says it's AZ (Hupo) another says it's NM (salon).
One story says it's AZ (Hupo) another says it's NM (salon).
“The advantages of slavery by debt over “chattel” slavery—ownership of humans as a property right—were set out in an infamous document called the Hazard Circular, reportedly circulated by British banking interests among their American banking counterparts during the American Civil War. It read in part:
Slavery is likely to be abolished by the war power and chattel slavery destroyed. This, I and my European friends are glad of, for slavery is but the owning of labor and carries with it the care of the laborers, while the European plan, led by England, is that capital shall control labor by controlling wages.
Slaves had to be housed, fed and cared for. “Free” men housed and fed themselves. For the more dangerous jobs, such as mining, Irish immigrants were used rather than black slaves, because the Irish were expendable. Free men could be kept enslaved by debt, by paying wages insufficient to meet their costs of living. The Hazard Circular explained how to control wages:
This can be done by controlling the money. The great debt that capitalists will see to it is made out of the war, must be used as a means to control the volume of money. … It will not do to allow the greenback, as it is called, to circulate as money any length of time, as we cannot control that.
The government, too, had to be enslaved by debt. It could not be allowed to simply issue the money it needed to meet its budget, as Abraham Lincoln’s government did with its greenbacks (government-issued U.S. notes). The greenback program was terminated after the war, forcing the government to borrow from banks—banks that created the money themselves, just as the government had been doing. Only about 10 percent of the “bank notes” then issued by banks were actually backed by gold. The rest were effectively counterfeit. The difference between government-created and bank-created money was that the government issued it and spent it on the federal budget, creating demand and stimulating the economy. Banks issued money and lent it, at interest. More had to be paid back than was lent, keeping the supply of money tight and keeping both workers and the government in debt.”
_________________________
So simple and so diabolical. - Rasha Foda
Slavery is likely to be abolished by the war power and chattel slavery destroyed. This, I and my European friends are glad of, for slavery is but the owning of labor and carries with it the care of the laborers, while the European plan, led by England, is that capital shall control labor by controlling wages.
Slaves had to be housed, fed and cared for. “Free” men housed and fed themselves. For the more dangerous jobs, such as mining, Irish immigrants were used rather than black slaves, because the Irish were expendable. Free men could be kept enslaved by debt, by paying wages insufficient to meet their costs of living. The Hazard Circular explained how to control wages:
This can be done by controlling the money. The great debt that capitalists will see to it is made out of the war, must be used as a means to control the volume of money. … It will not do to allow the greenback, as it is called, to circulate as money any length of time, as we cannot control that.
The government, too, had to be enslaved by debt. It could not be allowed to simply issue the money it needed to meet its budget, as Abraham Lincoln’s government did with its greenbacks (government-issued U.S. notes). The greenback program was terminated after the war, forcing the government to borrow from banks—banks that created the money themselves, just as the government had been doing. Only about 10 percent of the “bank notes” then issued by banks were actually backed by gold. The rest were effectively counterfeit. The difference between government-created and bank-created money was that the government issued it and spent it on the federal budget, creating demand and stimulating the economy. Banks issued money and lent it, at interest. More had to be paid back than was lent, keeping the supply of money tight and keeping both workers and the government in debt.”
_________________________
So simple and so diabolical. - Rasha Foda
Did you get your bars of gold from the Bank of Canada when you rejected your Provincial birth certificate?
Do you see that?
That's a problem.
Do you see that?
That's a problem.
The dominant religion on earth is a pseudo-meritocracy, hijacked by arrogance and numbers. It is the most powerful, pervasive and oppressive religion ever imagined, embraced by almost all and effectively challenged by none.
It’s not Christianity, Judaism, or Islam, each of which calls on its adherents to worship God. Capitalism, the dogma of our time, calls on us all to worship whoever has the most capital. - Rasha Foda
It’s not Christianity, Judaism, or Islam, each of which calls on its adherents to worship God. Capitalism, the dogma of our time, calls on us all to worship whoever has the most capital. - Rasha Foda