by Mark Angelides As news comes out about the latest terror attack in the UK, a nation is left wondering if the government can actually do anything to stop them happening, and if so, why have they not already done so. In Manchester at an Ariana Grande concert, it is thought at least two explosions, … Read more
By Michael Snyder Even though I write about our ongoing long-term economic collapse every day, I didn’t realize that things were this bad. In this article, I am going to show you that the average rate of growth for the U.S. economy over the past 10 years is exactly equal to the average rate that … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Having surged for years, quant hedge funds dominate stock trading. Quant-focused hedge funds – they specialize in algorithmic rather than human trading – gained $4.6 billion of net new assets in the first quarter, and now hold $932 billion, or about 30% to the $3.1 trillion in total hedge-fund assets. At … Read more
by tsukeisawa There have been plenty of attacks against the tax plan proposed by President Trump. I personally love the tax plan as it is everything you could want. Realistic taxes for the rich and corporations. Lower taxes on the poor and middle class. Best of all the new tax code is simple and easy to … Read more
Starts off pretty normal, May 16th bit worse, May 17th hyperbole increases, May 18th OMFG FULL AUTISTIC SCREECHING May 22 https://www.youtube.com/watch?v=Um6xwV-mqk0 h/t Forkfoot
Imagine if the Watergate investigation had led not only to the downfall of President Nixon, but also to allegations against his successor, plus the Speaker of the House, the leader of the Senate, a third of the cabinet, and more than 90 members of Congress. That gives you some idea of what’s happening in Brazil … Read more
Americans are falling behind on their auto-loan and credit-card bills, household debt has exceeded the amazing levels reached in 2008, only the rich can afford to live downtown now, and it’s getting worse! A shortage of homes for sale has bedeviled U.S. house hunters in recent years, so why don’t builders build more? One problem … Read more
The Pentagon overbilled the US Army, Navy, Air Force, and the Marines for fuel, pocketing the massive price differences to fill a “slush fund” used for inefficient or mismanaged defense programs, according to the Washington Post. The Department of Defense amassed $6 billion over the past seven years by billing the US armed forces excessive … Read more
https://www.youtube.com/watch?v=ua8fnbgZFqM It’s More Than Just A Cyber Attack! On the morning of Fri., May 12th, 2017, an unprecedented ‘‘ransomware’’ cyber attack struck tens of thousands of victims in 150 countries. WannaCry, the ransomware program, also known as WannaCrypt, WanaCrypt0r 2.0, Wanna Decryptor, and others similar, began with infecting one computer, until infecting all others in … Read more
by Mark Angelides A recent thread on Reddit shows how the covers of Time Magazine vary around the world. The Asian, South Pacific and European versions are all the same; detailing major world events and uprisings, whilst the American edition has cover stories such as: “Why anxiety is good for you”, and “What makes a … Read more