Month: April 2018

Large Scale Cyber Attack

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Cyber Storm VI: National Cyber Exercise Cyber Storm is a Department of Homeland Security (DHS) national-level cyber exercise that simulates a cyber crisis of national and international consequence. It remains the Nation’s most extensive cybersecurity exercise, with over a thousand players nationwide. While no actual systems are attacked during the exercise, Cyber Storm provides a … Read more

Wells Fargo to be fined $1B for forcing customers into car insurance and charging mortgage borrowers unfair fees. So who will pay the fine?

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The people who were ripped off, and U.S taxpayers. conspiracy charade: You’ve been ripped off by your bank or some other American corporate behemoth, they’ve been caught and called to the mat and have to pay a fine (long after they committed the crime and you are on skid row). So when do you get … Read more

THESE Charts Scare Traders! Multiple Charts Show Not Much Time Left Before A Crash!

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Do you see the forgetfulness that people seem to have? Every single time. “When the yield curve starts to flatten out, traders start wetting the bed” – David Quintieri There have been countless indicators which show in the previous cycles, once something hits a particular level, the market crashes. It keeps happening. Every single time, … Read more

1 out of 14 Floridians is a Convicted Felon!

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I’m not sure what’s more disturbing, the fact that convicted felons may once again be granted the right to vote; or the fact that there are 1.5 million felons in the state of Florida, making up roughly 7% of the state population: Source: https://www.cnn.com/2018/01/29/us/florid…index.html I guess I should consider finding another state to move to? … Read more

Congrats! Canadians Just Set a New Record for Borrowing Against their Homes

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Use of home equity to fund personal consumption spikes. By Daniel Wong, Better Dwelling: Canadian real estate related debt tapering? That would be ridiculous! Filings obtained from the Office of the Superintendent of Financial Institutions (OSFI) show, after a brief decline in January, the balance of loans secured by residential real estate hit a new high in February. … Read more

Now Even a Fed Dove Homes in on the “Everything Bubble”

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Bonds, junk bonds, spreads, commercial real estate, leveraged loans, over-leveraged companies… all get named as risks to the banks. This is why tightening will continue. “If we have learned anything from the past, it is that we must be especially vigilant about the health of our financial system in good times, … Read more

66% of people between age 21 and 32 have $0 saved in Employer-sponsored retirement plans

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by hokutenkishidan The report is based on an analysis of the 2014 Survey of Income and Program Participation (SIPP) data from the U.S. Census Bureau. It examines the distinct challenges posed by the current retirement system in America for working Millennials between the ages of 21 and 32. https://www.nirsonline.org/2018/02/new-research-finds-95-percent-of-millennials-not-saving-adequately-for-retirement/ This only looks at retirement accounts … Read more

State of Iowa Takes First Steps to Make California Look like the LAUGHINGSTOCK of the Nation

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https://www.youtube.com/watch?v=r-osaU4JTHY Rod Kackley for PJ Media reports, New state law now bars Iowa cities and counties from being sanctuaries for fugitive illegal immigrants under legislation signed by Gov. Kim Reynolds (R). Municipal leaders who choose to ignore the new law face a cutoff of state funding. Read More/Source/Credit/FairUse: https://pjmedia.com/news-and-politics…

Texas congressman Blake Farenthold uses $84,000 from taxpayer money to settle sexual harassment lawsuit, simply resigns to avoid paying it back and dodge ethics ruling

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Congress’s tax payer sexual harassment slush (hush) fund was reported about at the end of last year and the claim was congress has used $17MM+ of tax payer money over the last 20yrs to coverup their sexual harassment (or worse) allegations. Former GOP Rep. Blake Farenthold‘s (R-Texas) sudden resignation announcement earlier this month was prompted by an impending … Read more

House to vote on draft farm bill with food stamp changes

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https://www.youtube.com/watch?v=pEaAe2Nr4wI The House Agriculture Committee approved a five-year farm bill on Wednesday that includes revisions to the food stamp program. Able-bodied adults without children who are on food stamps will be required to work. The program currently covers some 40 million families or individuals who are food insecure. RT America’s Manila Chan reports.