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Archive → June 22nd, 2017

It’s all about the global status quo

It’s all about the global status quo

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The Senate on Thursday voted almost unanimously to impose harsh sanctions on Russia and Iran, while making it difficult for the president to engage the countries diplomatically. While the political establishment argues the sanctions are a response to Russia’s alleged meddling in the 2016 presidential election, that’s just a smokescreen. Americans are witnessing the implementation of deep state favored foreign policy initiatives that would have been guaranteed under a Clinton administration.

Prior to the 2016 presidential election, anyone who was paying attention knew that one thing was certain: A win for Hillary Clinton would guarantee a foreign policy pivot designed to worsen relations with Russia.

Clinton’s ties to the deep state run deep and her administration would have served as a puppet to implement its agenda with as little friction as possible.

That’s why there was such an effort to manipulate the mainstream media into declaring that there was absolutely no chance of her loosing the election.

The plan was simple. Keep the military-industrial complex flush with cash via destabilization and heightening tensions with Russia. And it would be a two-for-one deal. By continuing to support “moderate” rebels in the Middle East, and thereby ensuring continued turmoil in Syria, the deep state would protect Saudi Arabian oil interests.

As I wrote just ahead of last year’s election:

It’s tempting to believe Clinton is an idiot for the way she handled U.S. policy in the Middle East—but for her friends, the chaos she created was nothing short of genius.

And she’ll continue to make really smart decisions if elected president… that is, where her decision-making concerns enriching her neocon buddies.

Where a Trump White House might demand that the Pentagon explain and correct its mistakes in the Middle East in the years moving forward, thereby giving Americans reason to again believe in its military’s ability to get things done— a Clinton White House is going to take a very different approach.

She’s going to give us all something to fear more than the ragtag terrorists groups we’ve been arming and fighting, rinse and repeat, for decades.

If you’ve been paying attention to her campaign at all, you know what we’re talking about: A brand new Cold War is on if Clinton is elected, and escalation is the name of her game.

Russia knows this— and its leaders are currently preparing for the worst.

Trump’s election obviously caused some problems for the plan. He’d even discussed finding common ground with Russia in the interest of eradicating ISIS.

So Trump became a Russian operative. And he convinced everyone on his team to look the other way as he “colluded” with Russian operatives to steal the election.

How exactly did they go about stealing the election? Oh, well, according to our top-secret intelligence agencies, Russia messed with electoral integrity in the most powerful nation on earth by hacking emails, voter registration rolls and enlisting online trolls to publish fake news.

Sounds reasonable enough, right?

Not really. But the pitchforks are up, so it must be working.

More importantly for the deep state, all but two senators voted Thursday to impose harsh sanctions on Russia which Trump can’t undo. In floor speeches lauding the sanctions, several senators likened the Russian “meddling” to an act of war.

No kidding.

The two who voted against the legislation were Sens. Rand Paul (R-Ky.) and Mike Lee (R-Utah). Imagine that, two guys almost universally hated by the hawkish establishment.

Paul noted that anything the U.S. is currently accusing the Russians of doing, China has already done.

Perhaps more important to note is that the U.S. has done everything that the political establishment in the U.S. is accusing Russia of doing, except often far more intensely.

This isn’t about elections. It isn’t about collusion. It’s about an establishment whose existence relies on a continuation of a global status quo.

Here are the rules: The U.S. is the most powerful nation in the world. Russia wants to take over the world. Terror is everywhere, we can’t kill it. But we have to “lead” in resistance to it. That means bombs, munitions and kickbacks for anyone who doesn’t think their plan is better than ours. And whichever leaders believe they have a better plan to stamp out ragtag terror groups can deal with the “rebels” we’ll arm against them.

Source: Will County News

Amazon hiring in Monee

Source: Will County News

Nobody Expected the Oil Market to Shift This Way

Nobody Expected the Oil Market to Shift This Way
By Keith Kohl
May, 2017
Years ago, I was laughing at the idea that Russia and Saudi Arabia could work together on an oil production cut.

Now, not only has the cut happened, but recent news indicates it will be extended through March 2018.

Even though my prediction that these oil powerhouses wouldn’t be able to get their act together was wrong, I still stand by the main points behind the argument: neither nation can afford to let oil slip again, and there’s only so much each is willing — or able — to give up.

What Has OPEC Done?

Despite how hard I am on OPEC sometimes, the only question we need to ask is whether the group’s plan to bolster crude prices will work.

So, is it working? Well… sort of.

Lately, crude prices have been hovering around $50 a barrel — a point that is certainly profitable for drillers in areas like West Texas.

I’m pretty sure that’s not what OPEC wanted to hear.

Obviously, the group is happy that prices are no longer in the $20/bbl range… but aren’t we all?

Granted, there was never a concrete goal, except to say that every producer would prefer higher, stable prices (the Saudis are hoping crude will be trading around $70 within the next 12 months). But the last thing we want to see is a price surge — something that could jeopardize the entire recovery.

Of course, the Saudis NEED crude to trade over $60 per barrel just to balance their own budget. Personally, I think that is grossly lowballing what they truly need to break even, especially considering that the House of Saud can’t keep up its lavish social programs without much higher crude prices.

Russia’s in the same boat.

And don’t even get me started on Venezuela.

So far, the need for higher prices is certainly the reason OPEC and Russia are finally working together and extending production cuts for another nine months.

Will that get oil to $70?

Not by itself it won’t…

Drawing Down the Glut

There are a number of factors to take into account when considering oil’s current predicament.

The first of these may sound a little obvious, but bear with me: how much oil do we have?

More specifically, what’s being stored in tankers and containment facilities right now?

Fortunately, we’re updated on these levels every week by both the American Petroleum Institute and the Energy Information Administration.

Those weekly reports show major storage facilities across the country.

But here’s the thing: much like watching a pot boil or a stock move, gauging the oil industry by weekly stockpile reports will drive some individual investors crazy and could very well cause knee-jerk reactions in the market.

For one, we’re still working our way through the huge amount of excess oil that built up before the production cut went into effect. Saudi Arabia was pumping at record levels at the end of 2016, and we’ve still not used all of that supply up.

It’s barely been five months — not nearly long enough to get rid of millions of barrels of excess oil!

We’ll get there, don’t worry.

And just because U.S. production is increasing — as is production in a select few OPEC countries — that doesn’t mean we’re in trouble. Remember, we’re right at the start of the summer driving season, and the U.S. hasn’t lost its thirst for gasoline.

In a recent interview with Platts, the International Energy Agency’s Head of Oil Industry and Markets Division Neil Atkinson noted that the world could in fact be facing a tightening of supply as soon as 2020 if oil demand continues rising as the Agency expects it to.

This estimate does assume that OPEC and Co. continue the cut, and that no other major events shift the weight of the oil industry one way or the other.

But that’s not as unlikely a scenario as it once seemed.

We can’t predict every change in the markets, but I can say with some certainty that Saudi Arabia and Russia do not want to see oil in the $20s again… or $50 per barrel, for that matter!

A Whole New Game

Keep in mind that the oil industry balance has already shifted, and I don’t just mean in price.

Even if Saudi Arabia and the rest of OPEC get back into the green, the oil cartel has undoubtedly lost some of the power and influence it once wielded in global oil markets.

U.S. tight oil production has taken its piece of that cake, and you can bet those drillers will keep pushing their product onto the global stage.

But it goes even deeper than that.

Another fun fact Mr. Atkinson pointed out in his interview is that few OPEC members have the same spare production capacity that they did in the ’80s when another glut put global markets in a similar situation.

Saudi Arabia may claim to have plenty of spare capacity, but it’s still not enough to keep the country’s hold over the oil market intact. Of course, that’s not to mention the fact that Saudi spare capacity is of a much poorer quality — we learned that much after the Saudis tried to make up for the shortfall of Libyan supply.

Ever wonder why the Saudis were suddenly interested in buying oil refineries in the Gulf of Mexico?

It’s not a coincidence.

Welcome to the new oil game.

Good investing,

Keith Kohl sig

Keith Kohl

Source: Will County News

Trump News June 22, 2017

Obamacare is failing the American people. Without action to repeal and replace Obamacare, Americans are stuck with higher costs, more taxes, and fewer choices. The trend of bad news for Obamacare is continuing – Americans need relief now.

TODAY’S EVENTS

9:30 AM: Vice President Pence delivers the keynote address at the Associated Builders and Contractors (ABC) Legislative Day

11:00 AM: President Trump participates in the American Leadership in Emerging Technology Event

1:00 PM: Vice President Pence delivers remarks at the Wilson Center

3:00 PM: President Trump meets with the International Olympic Committee

7:15 PM: President Trump and First Lady Melania Trump host the Congressional Picnic

PHOTO OF THE DAY

President Donald J. Trump | June 21, 2017 (Official White House Photo by Joyce N. Boghosian)

OBAMACARE FACT OF THE DAY

FACT: The American people know a bad deal when they see one. The most recent data shows that around 6.5 million Americans paid $3 billion in penalties to the IRS rather than buy unaffordable Obamacare plans.

WHITE HOUSE UPDATES

Yesterday, President Trump visited Cedar Rapids, Iowa, where he gave remarks about empowering America’s farmers and protecting our Nation’s proud farming legacy.

Yesterday, Vice President Pence delivered remarks at the National Summit on Crime Reduction and Public Safety.

Yesterday, Secretary of Health and Human Services Tom Price, M.D., met with individuals who are facing lack of choice because of Obamacare.

Yesterday, President Trump held a meeting with cybersecurity and energy sector representatives.

The application period for the Fall 2017 White House Internship Program closes this Friday, June 23. Interested applicants can apply here.

WHAT WE ARE READING

“In order for us to expand prosperity and extend economic opportunity to more Americans, we must remain on the cutting edge. This means that government at all levels must focus on removing barriers to innovation and ensuring that technological advances aren’t strangled by bureaucratic red tape.”FCC Chairman Ajit Pai in New Hampshire Union Leader

“The White House is gathering technology leaders on Thursday to discuss how the industry aims to drive economic growth in emerging technology areas like wireless broadband and drones.” The Hill

..the nation’s second-largest health insurer announced Wednesday it plans to pull out of ObamaCare exchanges in Indiana and Wisconsin next year — a move that fueled GOP calls on Capitol Hill to upend the law.” Fox News

Source: Will County News

Summary of the Homer School District 33C Special Board of Education Meeting June 21, 2017

Summary of the Homer School District 33C
Special Board of Education Meeting
June 21, 2017
___________________________________________________________________________
Deb Martin, President Elizabeth Hitzeman, Vice President Karen DeFilippis, Secretary
Adam Briner, Member Kevin DeSchaaf, Member Christine Marcinkewicz, Member
Russ
Petrizzo, Member
At the June 21
st
Special Board of Education meeting:
The Board approved the following personnel recommendations:
Resignations
1.
Denise Schroeder – school psychologist, Schilling School, effective for the 2017-2018
school year
2.
Meghan Van Alst – 8
th
grade sponsor, effective for the 2017-2018 school year
Leaves of Absence
(Beginning and end dates open to modification)
1.
Jamie Cabral – special education teacher, Hadley Middle School, effective December 6,
2017 through March 2, 2018
2.
Jennifer Theissing – 3
rd
grade teacher, Goodings Grove School, effective August 30,
2017 through November 26, 2017
3.
Jessica Passarelli – 4
th
grade teacher, Goodings Grove School, effective October 25,
2017 through January 30, 2018 and a Child Care leave of absence effective from
January 31, 2018 through February 23, 2018
4.
Judith Stewart Shervino – custodian, Hadley Middle School, effective July 12, 2017 for
approximately six weeks
Position Recommendations
1.
1.0 FTE Early Childhood teacher position for the 2017 Extended School Year (ESY)
Program
Employment Recommendations
1.
Cynthia Mrotek – AT/PI teacher for the District, effective August 21, 2017
2.
Christopher Lockwood – summer custodian, Hadley Middle School, effective June 22,
2017
3.
Salvador Hernandez – summer custodian, Hadley Middle School, effective June 22,
2017
4.
Jennifer Rose – summer custodian, Young School, effective June 22, 2017
5.
Alexander Garcia – summer custodian, Schilling School, effective June 22, 2017
6.
James Carpenter – technology trainer for the after-hours community training for the
2017-2018 school year
Employee Recall
1.
Mary Kay Oldendorf – nurse aide, effective beginning of the 2017-2018 school year
The Board accepted a revised Memorandum of Understanding between Homer CCSD 33C
and Homer District 33C Support Staff Council regarding a one-time retirement incentive for
eligible employees and to extend the incentive to all eligible IMRF employees
The Board accepted the retirement of the following individuals subject to compliance with the
terms and conditions of the retirement incentive program
Bianet Gazambide – paraprofessional, effective June 30, 2017
Marytherese Sajdak – nurse, effective June 30, 2017
Carol Capadona – administrative assistant, effective August 1, 2017
Timothy Smith – custodian, effective August 15, 2017
Eileen Roe – media center professional, effective August 31, 2017
Karen Schwab – secretary, effective November 30, 2017
Maria Kagianas – paraprofessional, effective February 1, 2018
Anne Antanaitis – bus driver, effective June 30, 2018
Carol Bialon – nurse, effective June 30, 2018
Carole Costa – paraprofessional, effective June 30, 2018
JoAnne Decaire – paraprofessional, effective June 30, 2018
Cynthia Patrick – administrative assistant, effective June 30, 2018
Judith Stewart Shervino – custodian, effective June 30, 2018
Patricia Weber – bus driver, effective June 30, 2018
Diane Wojowski – media center professional, effective June 30, 2018
Eva Hull – secretary, effective August 1, 2018
Donald Fudala – bus driver, effective September 1, 2018
Teresa Kocanda – administrative assistant, effective January 31, 2019
Debra Mason – bus driver, effective June 30, 2019
Glenna Nicosia – bus driver, effective June 20, 2020
Doris Daggett – bus driver, effective June 30, 2020
The Board approved the following employees for participation in the District’s one-time IMRF
retirement incentive and to approve separation agreements:
Carol Capadona
Donald Fudala
Teresa Kocanda
Glenna Nicosia
Cynthia Patrick
Timothy Smith
Judith Stewart Shervino
The Board approved an increase in the District’s substitute wage, making it more competitive
with surrounding school districts. Substitute teachers will now receive $110 a day (up from $95
a day) while substitute paraprofessionals will receive $80 a day (up from $65 a day)
The Board discussed the roof at Butler School. The District will work with TRIA Architects and
Tremco Incorporated to locate and repair a leak at the school. They will begin by performing a
controlled water test at the school. The goal is to find and fix the leak before students return in
August
The Board approved a revised District Title I Plan
The Board reviewed and approved the tabulation of bids for the Multipurpose Xerographic
Paper Bid. Awarded contract to Veritive Operating Co. for the period of July 2017 through June
30, 2020 with an option to extend for two one-year periods
The Next Regular School Board Meeting is June 27, 2017 at 7:30 p.m.

Source: Will County News