By Michael Snyder The Dow hit the 22,000 mark for the first time ever on Wednesday, and investors all over the world greatly celebrated. And without a doubt this is an exceedingly important moment, because I think that this is a milestone that we will be remembering for a very long time. So far this … Read more
by Robert Carbery Don’t sleep on Barry O! Former President Barack Hussein Obama is doing what most presidents do not do. He is staying very much involved in the goings-on of Washington DC politics. He will be choosing the frontrunner for the 2020 resistance candidate to oppose Trump and he is working day after … Read more
by David Haggith With 60% of stocks now being traded by bots that fake each other out in order to create buying opportunities, stock exchanges have lost their connection to the reason markets are created in the first place. The exchanges no longer exist as places for people to buy and sell ownership in a corporation. … Read more
by John Ward Insane stock market levels, artificial interest rates, manipulated commodity prices, gargantuan debt and the crushing of mass spending power simply cannot exist together. While the Draghis of this world suggest a monetarist symphony is in play, the majority of discerning observers know full well that a pack of Bali monkeys has hijacked the … Read more
by howmuch Most of us become aware of our electricity costs during the summer when the weather is hot and our air conditioners are on full blast. In fact, the bulk of most American homes electricity costs come from central air conditioning and electrical heating pumps. The average cost to use central air or an electrical heating … Read more
by Mark Angelides As part of an effort to teach Artificial Intelligence robots to be able to “barter” with humans, Facebook discovered that their two subjects had created a new language form and were using it to communicate with each other. The language, although using English for the actual words, was unintelligible, but in many … Read more
Action on Trump’s tax cut plan could be delayed until next year The White House’s push to quickly pass a major package of tax cuts through Congress is facing a fall calendar full of legislative land mines, potentially delaying a key part of President Trump’s agenda into at least 2018. The Trump administration sees tax … Read more
by Michael Snyder You may be quite surprised by how people answered this question on Facebook. Earlier today, I posted the question in the headline to my Facebook profile, and I got dozens of responses. Obamacare has resulted in much higher insurance premiums, lower quality care and more red tape, and I have talked to so … Read more
By Michael Snyder You can either follow the herd of you can decide to find your own path. One of the things that greatly frustrates me is that so many Americans allow other people to do their thinking for them. We have become a nation of sheeple, and the vast majority of the shepherds that … Read more
by John Rubino The dollar has been falling lately, which isn’t what a lot of people expected with the Fed being the only major central bank that’s raising interest rates. Higher yields on dollar balances should, according to basic economics, have attracted foreign capital to Treasury paper, thus putting upward pressure on the dollar. Didn’t … Read more