Submitted by John Whitehead via The Rutherford Institute,
“The main problem in any democracy is that crowd-pleasers are generally brainless swine who can go out on a stage & whup their supporters into an orgiastic frenzy—then go back to the office & sell every one of the poor bastards down the tube for a nickel apiece.” ? Hunter S. Thompson
Politics today is not about Republicans and Democrats.
Twelve students will be paid to eat genetically modified (GMO) bananas as researchers at Iowa State University start moving forward with a long-delayed project. The project which is funded by the Bill and Melinda Gates foundation would pay each student $900. Thes tests are to be carried out on the students without any previous animal testing, so it is not known what the impact would be to the students’ health. According to The Des Moines Register, the bananas were created by a Australian scientist and contain a gene that is supposed to help people living in Africa make vitamin A.
Don’t look now, but Barclays just joined the chorus of European banks reporting horrific results.
Shares plunged by double-digits on Tuesday after the bank said it swung to a £1.9 billion pre-tax loss in Q4 and moved to cut the dividend and shed its African subsidiary.
With markets happy to put February in the history books because it marked the fourth consecutive monthly decline in global stocks, we move on to March 1st, which doubles down as 'Super Tuesday' in the US when Trump's presidential candidacy will almost certainly be sealed and a day in which stocks decided to join the super fun by super surging overnight on nothing but bad global macro and economic which however was promptly ignored and instead the focus was on ongoing central bank intervention and even more jawboning.