Soros, central banks buying deep into gold, causing inflation and high interest rates – gold expert


American hedge fund billionaire George Soros is back in the headlines after revelations that the shadowy political donor has been hiding his fortune from US regulators with at least three offshore companies, including Mossack Fonseca, the firm exposed by the Panama Papers leak. While it seems like this slipped by the mainstream media, another controversy seems to have even more so. The notorious billionaire has sold off an entire third of his stocks and bought a $264 million share in the world’s largest gold mining company. If history teaches us anything, Soros is a great financial mastermind who hatches schemes with global impact. Gold expert and Regal Gold Assets CEO Tyler Gallagher joins “News With Ed” to talk about it.

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Many of Today’s Factory Workers Rely on Public Assistance

Workers at a factory. (photo: Bloomberg)
Workers at a factory. (photo: Bloomberg)


Bourree Lamn | The Atlantic | Reader Supported News | May 14, 2016

Nostalgia for manufacturing jobs is obscuring the fact that their 21st-century incarnation doesn’t tend to pay very well.

ince the peak of U.S. manufacturing in the late 1970s, over 7 million jobs in the sector have been lost. More specifically, employment in factories all but collapsed in the aughts, when the industry shed 5 million jobs.

Throughout these many years of decline, talk of the need for an industry revival was common the in Rust Belt cities where manufacturing had played a large economic role. Now, on the national stage, the same argument has emerged as a political touchpoint, with presidential candidates proposing the cancellation of international trade agreements so that manufacturing jobs can make a comeback America. Though employment in the manufacturing sector has rebounded significantly in recent years, the election-year spotlight begs a question: Are these manufacturing jobs built to last?

A new report from Berkeley’s Center for Labor Research and Education takes aim at this question. Analyzing the five largest means-tested public-benefit programs for which good data was available, the report found that over a third of manufacturing workers rely on safety-net programs such as Medicaid, food stamps, or household-income assistance. The Center estimates that Americans who work in low-wage manufacturing jobs currently receive $10.2 billion a year in federal and local public assistance.

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Poor Wages Send a Third of US Manufacturing Workers to Welfare Lines in Order to Pay for Food, Healthcare, Data Show

A welder works in Port Fourchon, Louisiana, May 3, 2010. (photo: Sean Gardner/Reuters)
A welder works in Port Fourchon, Louisiana, May 3, 2010. (photo: Sean Gardner/Reuters)


Angelo Young | International Business Times | Reader Supported News | May 12, 2016

.S. manufacturing jobs used to be a path to the middle class for Americans who couldn’t or didn’t dive into the comfort provided by higher education degrees. But now many skilled, working Americans need some form of public assistance because their wages don’t pay for basic living expenses.

Just over 2 million supervised manufacturing workers, or about a third of the total, need food stamps, Medicaid, tax credits for the poor or other forms of publicly subsided assistance while they work on goods that can carry the tag “Made in the U.S.A.,” according to research of official government wage and welfare data relased Tuesday by the University of California, Berkeley.

The cost of these benefits to the U.S. taxpayer? From 2009 to 2013, federal and state governments subsidized the low manufacturing wages paid by the private sector to the tune of $10.2 million per year.

Oregon led the nation on the number of manufacturing workers – 1 in 4 – that needed food stamps during that period of time, while 1 in 5 factory workers in Mississippi and Illinois needed healthcare assistance for both adults (Medicaid) and children (CHIP). Taking into account all major social welfare, including the earned income tax credit and temporary assistance to needy families (TANF), Mississippi topped the list, followed by Georgia, California and Texas.

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China ‘steeling’ American manufacturing jobs


RT America | April 20, 2016

The United Steelworkers filed a grievance against China’s aluminum industry for its trade practices, which experts in the industry is a direct threat to American jobs. For more on this, Leo Gerard, International President of the United Steelworkers, and Scott Paul, President of the Alliance for American Manufacturing joins ‘News With Ed.’

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Protesters hit the streets against TPP as signing looms


RT America | February 4, 2016

Thousands of global trade activists are protesting against the Trans-Pacific Partnership (TPP), the controversial and still secretive trade agreement between the United States and 11 other Pacific Rim countries due to be signed in New Zealand. RT’s Manuel Rapalo takes a look at the controversy.

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An Idiot’s Guide to Prosecuting Corporate Frauds

FBI building. (photo: AP)
FBI building. (photo: AP)


David Dayen | The Intercept | Reader Supported News | February 4, 2016

ay you’re the newly elected president of the United States, and you want to make prosecuting corporate crime a top priority.

Where do you start? Here would be good.

A new group called Bank Whistleblowers United have just pushed out a comprehensive plan they think would put the executive branch back in the business of enthusiastically identifying, indicting, and convicting financial fraudsters — restoring accountability while protecting the public.

The cumulative credibility of the group’s four founders is extremely strong. Richard Bowen is the Citigroup whistleblower who unsuccessfully warned top management about the rotten condition of loans inside mortgage-backed securities. Michael Winston spoke out about similarly corrupt practices at non-bank mortgage originator Countrywide. Gary Aguirre, a Securities and Exchange Commission attorney, was fired for refusing to let a Wall Street banker out of an insider trading investigation.

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‘Steel workers, unions are going to work to fight against TPP’ – labor leader


RT News | February 4, 2016

The controversial Trans-Pacific Partnership (TPP) has garnered minor criticism from politicians, but has seen major resistance from labor leaders, with unions being loud and active in raising their concerns over the impending international trade deal. RT’s Ed Schultz speaks with Alliance for American Manufacturing President Scott Paul and President of United Steelworkers International Leo Gerard to get the bigger picture on why unions are fighting.

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Williams Institute: News and Events

More than two-thirds of residents in every state support protecting transgender people from employment discrimination.

Thirteen states, however, are at or near the level of support needed to adopt such laws, but haven’t yet.

This infographic shows levels of support for transgender-inclusive employment protections in each state, as well as which states do and do not have such laws.


Extending marriage to same-sex couples has generated more support for LGBT rights – not backlash.

In the last 10 years, public support for marriage for same-sex couples has increased across the United States. But the most dramatic drop in anti-gay attitudes occurred in states that legalized marriage equality from November 2012 through July 2013, when study participants were recontacted. In fact, 47% of residents who initially were opposed changed their minds.

That’s almost double the percentage seen in states where marriage equality was not legal during that period. In those states, 24% of residents who were initially opposed changed their minds.

The findings are discussed in a report co-authored by Public Opinion and Policy Analyst Andrew R. Flores and published in Political Research Quarterly. The paper received the 2015 Best Paper Award in LGBT Politics by the LGBT Caucus of the American Political Science Association.

The study answers lingering questions about whether extending marriage to same-sex couples would create backlash against the LGBT community. Instead, the policy actually increases support.


Join Us

Coming Out As…

Co-hosted by the Williams Institute and the UCLA Center for the Study of Women, this colloquium will explore how the phrase “coming out” has expanded, migrated, and been re-purposed by various marginalized groups, such as transgender individuals, undocumented immigrants, or the plural marriage rights movement.

Monday, February 8, 2016
2-5 p.m.
Charles E. Young Research Library


Join Us

The Public Professor: How to Use Your Research to Change the World

Williams Distinguished Scholar M.V. Lee Badgett, and UCLA professors Paul Ong and Chris Tilly will discuss how researchers can engage in public debates.

Lunch will be provided to those who RSVP.

Wednesday, February 17, 2016
12:20-1:30 p.m.
UCLA School of Law


Bring on same-sex marriage bill now

The Age | January 26, 2016

It seems a sulky rump of conservatives in the Coalition cannot abide the new order under Malcolm Turnbull. Indeed, they seem determined to create disorder, or at least disharmony, as they pursue ideological goals that are fundamentally at odds with those of their leader.

In the latest episode, Liberal senator Eric Abetz has indicated he might not vote in line with the party if a mooted plebiscite, to be held sometime in the next term of Parliament, confirms that voters are in favour of changing the law to allow for same-sex marriages. His colleague, Senator Cory Bernardi, has declared that, irrespective of what voters say, he will not support same-sex marriage because “it goes against what I believe in”.

It is fair to note that this outbreak of views comes just days after the standard-bearer of the conservative faction, Tony Abbott, confirmed he would continue in politics and contest his seat of Warringah at the election. Coincidentally, Mr Abbott is presenting a speech in New York this week before the US-based anti-abortion lobby group, Alliance Defending Freedom, which is a prominent opponent of same-sex marriage.

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GOP lawmakers want exemptions for gay marriage opponents

Kathleen Foody | Associated Press | Yahoo Finance | January 22, 2016

ATLANTA (AP) — Months after the Supreme Court effectively legalized same-sex marriage, lawmakers across the U.S. are pushing bills that would give businesses and some public employees the right to refuse serving gay couples because of their religious beliefs.

The American Civil Liberties Union opposes such bills and says variations have been proposed in 22 states — mostly by Republicans, though they aren’t universally backed in the GOP. Top employers, including Delta Air Lines, Home Depot, Porsche and UPS in Georgia, warn the proposals are unwelcoming and bad for business.

Even so, Georgia lawmakers have pressed on with a bill to allow business owners to refuse products or services for same-sex couples planning a wedding, and another that protects state employees who have religious objections to the marriages.

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