Archive of economic news

Sears Turning Shuttered Stores into Data Centers as Ubiquity Critical Environments Thumbnail

Sears Turning Shuttered Stores into Data Centers as Ubiquity Critical Environments

Posted on May 26, 2013 in Economic News, Science & Technology

Kevin Hayden – TruthisTreason.net

Source: Data Center Knowledge

Will blinking blue lights of servers soon fill the aisles that previously offered the Blue Light Special? Sears Holdings has formed a new unit to market space from former Sears and Kmart retail stores as a home for data centers, disaster recovery space and wireless towers.

With the creation of Ubiquity Critical Environments, Sears hopes to convert the retail icons of the 20th century into the Internet infrastructure to power the 21st century digital economy. Sears Holdings has one of the largest real estate portfolios in the country, with 3,200 properties spanning 25 million square feet of space. That includes dozens of Sears and Kmart stores that have been closed over the years.

Business Continuity, Complete With Starbucks

“There are compelling reasons why this is a great model,” said Sean Farney, the Chief Operating Officer of Ubiquity. “It used to be the business continuity centers were located in an industrial park. The customer has evolved to the point where they want a sexier location, where they can have access to a Starbucks and other retail, because it’s possible they may be there for weeks or months....

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Hayden’s Headlines: Jobs, Pot, GMO Mosquitos, Syria, and Tilapia Farming!

Posted on Dec 07, 2012 in Economic News, Emergency Preparedness & Survival, Global & National News, Police, Military, & War, Political Issues

Congress Making it Nearly Impossible to Pass on a Farm to Your Children – 55% Estate Tax

Posted on Nov 22, 2012 in Constitutional & Liberty Issues, Economic News, Political Issues, Urban Gardening, Farming & Homesteading

Kevin Hayden  - TruthisTreason.net

Source: Economic Collapse Blog by Michael Snyder, Truth Contributor

If you have a farm or a small business, would you like to pass it on to your children when you die? Well, unless Congress does something, it is going to become much, much harder to do that starting next year.

Right now, there is a 5 million dollar estate tax exemption and anything above that is taxed at 35 percent. But on January 1st, the exemption will go down to 1 million dollars and the tax rate will go up to 55 percent. A lot of liberals are very excited about this, because they believe that the government will be soaking wealthy people like Warren Buffett and Bill Gates. But the truth is that a lot of farms, ranches and small businesses will be absolutely devastated by this change in the tax law.

There are many farmers and ranchers out there today that do not make much money but are sitting on tracts of land that are worth millions of dollars. According to the American Farm Bureau, approximately 97 percent of all farms and ranches in the United States would be subject to the estate tax if the exemption was reduced to just a million dollars.

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Keynes on Worker Utopia Through Perpetual Threat of War – Hayden’s Note Attached

Posted on Nov 20, 2012 in Economic News, Political Issues

Kevin  Hayden – TruthisTreason.net

Borrowed from Zero Hedge, via YouTube

Presenting 74 seconds of pure Krugmanism from the mouth of the man himself – John Maynard Keynes – in this 1939 (pre-war) radio address on the beginning of The Grand Experiment.

Hayden’s Note:

I don’t think the experiment ever ended, do you? Unemployment continues to rise and “defense” spending is at an all time high.  This is the cat-chasing-his-own-tail sort of bedtime story that most Keynesian followers still believe is the way to peace and prosperity – keep buying bullets, bombs, and missiles! War is Peace!

George Orwell would be proud.

Funniest part IS: most warmongering “Republicans” scream about Keynesian economic policy when they can attach it to a Liberal/Democrat, but in reality, they, too, are followers of Keynes to a T.

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Death of the US Dollar Hegemony: Military Intervention, Oil Sales, and the Inevitable Collapse Thumbnail

Death of the US Dollar Hegemony: Military Intervention, Oil Sales, and the Inevitable Collapse

Posted on Sep 23, 2012 in Economic News, Emergency Preparedness & Survival, Featured Articles, Global & National News

Kevin Hayden – TruthisTreason.net

According to a recent report by Indy Media, Mexican crude oil will be sold to China without using the US dollar as its trading currency.  Sources inside the Mexican government refuse to disclose if they have been in secret negotiations with China over possible crude oil sales.

If you’re not familiar with the term petrodollar, or why a move such as this by China, Mexico, or Russia is of grave concern, allow me to give you a few points to consider and explain the situation -

In 1975, the members of OPEC agreed to sell oil only in US dollars.  This was for a variety of reasons, but chief among them was to maintain a need for US currency and maintain its reign as the global reserve.  Without this in America’s backpocket, I’m sure that the Dollar would have even less value, to put it mildly.

Greenspan, in his first speech after leaving as Chairman of the Fed, said that gold prices were up because of concern about terrorism, and not because of monetary concerns or because he created too many dollars during his tenure.

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Startling Evidence that Central Banks and Wall Street Insiders are Rapidly Preparing for Something Big

Posted on Aug 20, 2012 in Economic News, Emergency Preparedness & Survival, Federal Reserve & Bankers

Kevin Hayden – TruthisTreason.net

Source: Economic Collapse Blog

If you want to figure out what is going to happen next in the financial markets, carefully watch what the insiders are doing.  Those that are “connected” have access to far better sources of information than the rest of us have, and if they hear that something big is coming up they will often make very significant moves with their money in anticipation of what is about to happen.

Right now, Wall Street insiders and central banks all around the globe are making some very unusual moves.  In fact, they appear to be rapidly preparing for something really big.  So exactly what are they up to?  In a previous article entitled,l “Are The Government And The Big Banks Quietly Preparing For An Imminent Financial Collapse?“, I speculated that they may be preparing for a financial meltdown of some sort.  As I noted in that article, more than 600 banking executives have resigned from their positions over the past 12 months, and I have been personally told that a substantial number of Wall Street bankers have been shopping for “prepper properties” this summer. 

But now even more evidence has emerged that quiet preparations are being made for an imminent financial collapse.  That doesn’t guarantee that something will happen or won’t happen.  Like any good detective, we are gathering clues and trying to figure out what the evidence is telling us....

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Hayden’s Headlines: DHS, Teleportation, AK47s, Trapwire, and Lemonade

Posted on Aug 16, 2012 in Alphabet Agencies & Operations, Blog, Editorials, & Thoughts, Economic News, Federal Reserve & Bankers, Global & National News, Health, Food News, & Big Pharma, Police, Military, & War, Political Issues, Science & Technology

The Case for Saving Your Nickels, Literally: Inflation and Metal Debasement

Posted on May 10, 2012 in Economic News, Emergency Preparedness & Survival

Kevin Hayden – TruthisTreason.net

Source: SurvivalBlog

I’ve often mused about how fun it would be to have a time machine and travel back to the early 1960s, and go on a pre-inflation shopping spree. In that era, most used cars were less than $800, and a new-in-the box Colt .45 Automatic sold for $60. In particular, it would be great to go back and get a huge pile of rolls of then-circulating US silver dimes, quarters, and half dollars at face value. (With silver presently around $30 per ounce, the US 90% silver (1964 and earlier) coinage is selling wholesale at 22 times face value–that is $22,000 for a $1,000 face value bag.)

The disappearance of 90% silver coins from circulation in the US in the mid-1960s beautifully illustrated Gresham’s Law: “Bad Money Drives Out Good.” People quickly realized that the debased copper sandwich coins were bogus, so anyone with half a brain saved every pre-’65 (90% silver) coin that they could find. (This resulted in a coin shortage from 1965 to 1967, while the mint frantically played catch up, producing millions of cupronickel “clad” coins....

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If I Wanted America to Fail – Hayden’s Note

Posted on Apr 28, 2012 in Blog, Editorials, & Thoughts, Economic News, Federal Reserve & Bankers, Political Issues

Kevin Hayden – TruthisTreason.net

“The environmental agenda has been infected by extremism—it’s become an economic suicide pact.”

While I enjoyed this video, I was wholly saddened by the fact that it, too, has a strong agenda and seems to have large pocketbooks behind it.  I noticed they didn’t mention US foreign policy ONCE, nor did they mention the damage that the Federal Reserve has done.  All in all, it’s a short video and worth watching, but as I always say, “Question Everything.”

Everyone has an agenda, and it is often times hard to see past the dazzling camera effects, feigned sincerity, and keyword emphasis, but keep your mind sharp and you’ll see through it every time.

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Ruger Halts Gun Sales, 1 Million Firearms Ordered in Q1 – Hayden’s Note Attached Thumbnail

Ruger Halts Gun Sales, 1 Million Firearms Ordered in Q1 – Hayden’s Note Attached

Posted on Mar 23, 2012 in Economic News

Kevin Hayden – TruthisTreason.net

Source: MarketWatch

Sturm Ruger & Co.’s announcement that it would stop taking orders until it clears an enormous backlog serves as the latest sign of the boom times for the U.S. firearms business.

Late Wednesday, Sturm Ruger said that in the first quarter, it had received orders for more than 1 million units. And despite “efforts to increase production rates, the incoming order rate exceeds our capacity to rapidly fulfill these orders,” Sturm Ruger said.

Hayden’s Note:

I’ve been following this news piece since it broke, and per the status quo, many “liberty sites” jumped to the conclusions that this is somehow a premeditated initiative to cease production of firearms, or control our 2nd Amendment rights.

Instead, this is merely Ruger doing a phenomenal job at creating some of the most popular rifles and affordable handguns – although I wouldn’t recommend any except the 10/22 rifle – and not being able to handle demand.  This increase in demand is indeed likely from the various draconian legislation being passed, the rising popularity of emergency preparedness, and people seeking to invest in tangibles....

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