Today Credit Suisse released its latest annual global wealth report, which traditionally lays out what is perhaps the biggest reason for the recent “anti-establishment” revulsion: an unprecedented concentration of wealth among a handful of people, as shown in its infamous global wealth pyramid, an arrangement which as observed by the “shocking” political backlash of the past few months suggests that the lower ‘levels’ of the pyramid are increasingly unhappy about.
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Time For Truth: (Zero Hedge) – Global Wealth Update: 0.7% Of Adults Control $116.6 Trillion In Wealth
The House of Lords has passed the Investigatory Powers Bill, putting the huge spying powers on their way to becoming law within weeks. The bill – which forces internet companies to keep records on their users for up to a year, and allows the Government to force companies to hack into or break things they’ve sold so they can be spied on – has been fought against by privacy campaigners and technology companies including Apple and Twitter.
Yaser Mosibzadeh, Saheb Fadayee and Mohammed Reza Omidi will be flogged in public after being arrested at a house church gathering in Rasht, Iran, earlier this year.
The trio spent weeks in prison before finally being released on bail, but will now be subjected to the cruel and degrading punishment after being found guilty by Islamist judges.
Some upper-income Texans are headed down below, not Australia, but below the surface.
An investor group is planning for a doomsday scenario by building a $300 million luxury community replete with underground homes. There will also be air-lock blast doors designed for people worried about a dirty bomb or other disaster and off-grid energy and water production.
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Time For Truth: (CBS News) – Texas Community Goes Underground For Doomsday Prep
Australia’s parliament late Monday rejected the government’s proposal for a national vote on whether to legalise same-sex marriage.
The upper house Senate voted 33-29 against the coalition government’s bid to hold a plebiscite on the issue.
Attorney-General George Brandis introduced the bill into the Senate, where the government does not hold an outright majority, despite expectation the opposition Labor and Greens parties would scupper it.
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Time For Truth: (Daily Mail) – Australia Rejects Same-Sex Marriage Bill: Would Allow National Vote On Whether To Legalise Gay Weddings