Leftist Managed CalPERS on the Brink of Insolvency; Get out of town before you cannot sell property anymore!

The insolvency at CalPERS has exceeded $100,000 owed by every private citizen in California to government employees. It was $93,000 that every Californian owed back in 2016 for their state employees. In January 2017, Jerry Brown wanted a 42% increase in gas taxes to bailout CalPERS. California is an extremely liberal state – but that means … Read more

Mueller has subpoenaed records spanning back to November of 2015, on Trump…Wasting more money on a nothing burger

2015? Is that even relevant? The report comes as Mueller continues to probe alleged ties between the Trump campaign and Russian election meddling. Trump has long denied allegations of collision between his campaign and Russia, calling the investigation a “witch hunt.” The Washington Post reported on Saturday that Trump believes he will ultimately be cleared … Read more

This is another major victory for gun owners under the Trump H.R. 2810: Here Come the 10,000 Military Surplus 1911s to the Public!

H.R. 2810 starts with a pilot program that will transfer between 8,000 and 10,000 1911s to the CMP for sale to the public. The Secretary of Defense, currently Gen. Jim Mattis, will then report the outcome of the program to Congress. The Secretary of Defense is then authorized to continue transferring up to 10,000 1911s … Read more

Russian Propagandists Are Saying Disneyland Workers Cant Afford Basic Needs

https://www.youtube.com/watch?v=6HQuWelYCZ4 But it’s true! I worked for the Mouse for 23 years at disneyland. They notoriously underpay and they do hire out of country Phillipeno nationals and pay them less to do the same job other disney Cast members are doing. The disney company: we produce disney female SJW feminazi princess-wannabes, soy boys with moobs, … Read more

Right-wing/Populist parties have surged BIGLY in Italy's election. Marine Le Pen: "The European Union is going to have a horrible evening."

Exit polls put the anti-establishment Five Star Movement in second place. It has made significant gains and could emerge as the largest single party, with about 30% of votes and 195-235 seats. Italy’s ruling centre-left in shock after crushing election defeat Italy’s political left was in shock after a right-wing alliance emerged with the biggest … Read more

Ray Dalio says, "70% Chance of a Recession"

Thanks for watching this RTD News Snippet… It doesn’t matter whether it’s a 10% or 70% chance of a recession, it’s coming. The next recession will alter your life forever. Ray Dalio is an American billionaire investor, hedge fund manager, and philanthropist. Dalio is the founder of investment firm Bridgewater Associates, one of the world’s … Read more

Are Subprime Debt Slaves, a Leading Indicator, Worrying the Fed?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Credit problems always appear first at the margins. The new Fed remains a somewhat unknown quantity: There are still four vacancies on the Fed’s seven-member Board of Governors that forms the core of the policy-making FOMC. The new Chairman, Jerome Powell, has already shown in his testimony before Congress last week that he … Read more

Should Facebook, Google and Twitter Be Public Utilities?

by Charles Hugh-Smith This opaque corporate censorship amounts to a private-sector Stasi, pursuing an Orwellian world of profits reaped from the censorship and suppression of dissent My longtime friend GFB recently suggested I revisit my position on RussiaGate, the investigation into Russian interference in the 2016 US election. I have been dismissive of the investigation … Read more

Rickards: Jerome Powell Is About To Find Out That He Can’t Have It Both Ways

by Jim Rickards via Daily Reckoning Remember the “tea party” revolt in 2009–2010 against government bailouts and government spending? Remember the “fiscal cliff” drama of Dec. 31, 2012, when Congress raised taxes and cut spending to avoid a debt default and government shutdown? Remember the actual government shutdown in October 2013 as Republicans held the line against more … Read more

Guess who is speaking about “ethics in public service” at UCLA on Monday?

by DCG Manning knows NOT ONE thing about ethics. This is a disgrace. From the UCLA announcement: “Join the UCLA Luskin School of Public Affairs for the next Luskin Lecture, featuring Chelsea Manning. As an intelligence analyst for the U.S. Department of Defense, Chelsea Manning disclosed classified documents to WikiLeaks that revealed human rights abuses and corruption connected to the U.S. … Read more