Month: April 2018

By David Stockman The are few snarkier defenders of the current rotten financial status quo than Ben White of Politico’s Money Morning. So it’s not surprising that he is out this AM with the latest Trumb-o-phobe meme from Swamp Dweller’s Central. To wit, the renewed stock market swoon is purportedly all the Donald’s fault owing to his unhinged tweet storms, protectionist trade initiatives and attacks … Read more

by DCG From Kansas City.com: A Missouri couple decided to turn their entire yard into a flower garden.  It turns out, that was against a city ordinance, which says half of residents’ yards must be grass turf. But the wife is allergic to grass. Now a federal judge has ruled: tough. So Janice and Carl Duffner are … Read more

by Doug French of The Mises Institute Every 10 years or so there is a banking crisis. We are due. However, the furthest thing from most people’s minds with the Trump boom is a banking/financial crisis, except for a few folks at the Brookings Institution, who just released a paper entitled “Liquidity Crisis in the Mortgage Market.” You … Read more

By Lisa Reisman, Tom Chatham, Mark Kolakowski and Michael Snyder Most people simply don’t understand the gravity of the situation.  Nothing was ever fixed after the last financial crisis.  Instead, we went on the greatest debt binge that humanity has ever seen, and central banks started creating trillions of dollars out of thin air and recklessly injected … Read more

via Joanna Ossinger Volatility may be here to stay — but there’s a lot investors can do to prepare for it. “Hedges against late cycle volatility bursts in credit, dispersion and cross-asset volatility as the equity/bond correlation itself becomes more volatile” are one key theme in Societe Generale SA’s second-quarter outlook from strategists led by Kokou … Read more

by stockboardasset The corporate architects of America’s modern economy, otherwise known as “the gig economy,” have unleashed the sharing economy popularized by Uber and Airbnb, and the subscription economy pioneered by Netflix and Spotify. As the ruling capitalists are more vicious than ever before, they intend to transform everyone participating in the modern economy into a temporary … Read more

https://www.youtube.com/watch?v=ZtLMhVywqTE Thousands of Oklahoma teachers walked out of school Monday and Tesday and protested at the state capitol for higher salaries and increased funding. http://marygreeley.com/?p=67770  

  Memorandum on the New 10-Year  $38 billion U.S. Aid Package to Israel Starting in 2019, the U.S. will give Israel $38 billion over the next 10 years – $3.8 billion per year, which is $10.41 million per day. This is in line with previous years. Last year the U.S. gave Israel $3.7 billion – about $10.14 million … Read more

Stuck-up Chicago suburb of Deerfield violates its citizens constitutional rights and goes against the second amendment. The new law goes into effect June 13. Residents who don’t remove banned weapons by then face a fine of $1,000 a day. Deerfield Village Manager Kent Street said if more towns banned the weapons then it’s possible the … Read more

https://www.youtube.com/watch?v=gXSqIkMf7Fk Alex Jones reveals why so many lawsuits come out against Infowars in a seemingly choreographed release of publicity and press that attempts to legitimize the claims of the slap suit.

https://www.youtube.com/watch?v=o-tchYSdzdI

https://www.youtube.com/watch?v=NNsBraRZ4yc London has surpassed New York City’s murder rate for the second month in a row, due mostly to a spike in knife crime and shootings which left 15 Londoners dead in February – nine of whom were age 30 or younger, and 22 dead in March vs. New York City’s 21, according to the … Read more

President Trump’s call for US troops to leave Syria and his call to Putin suggesting a summit have left the neocons gasping. Will Trump dare to defy his “experts” and follow through with his promises? If he is opposed to neocons, why does he keep hiring them?

This article was written by Tom Chatham and originally published at Project Chesapeake Numerous economists and investors are warning of another great financial crisis to come but few people want to listen to them. No crisis is ever exactly like the last one and the next great depression will be different from the last one. In … Read more

State approves Nestle’s water withdrawal permit—Michigan approved a permit from Nestle to increase the amount of groundwater it pumps to 400 gallons of water per minute, Michigan received a unprecedented number of public comments on Nestle’s proposal. 80,945 commenters were against 75 were in favor. The Michigan DEQ has approved a permit from Nestle Waters North … Read more

https://twitter.com/MacroTechnicals/status/980879597804847108 Goldilocks Who? 50% More Corporate Credit Downgrades vs Upgrades Q4 17 In a near-ZIRP world, US corporations can’t help but overfeed at the debt trough. As Default Rates Rise, Banks Hike Debt Interest Rates 1% in 6 Months “Wall Street banks that charge 15 to 20 percent on credit cards are holding trillions of … Read more

by Dr. Eowyn From Wikipedia: On February 14, 2018, a mass shooting occurred at Marjory Stoneman Douglas High School in Parkland, Florida. Seventeen people were killed and seventeen more were wounded, making it one of the world’s deadliest school massacres. […] Seventeen people were killed and seventeen more were wounded. Here are the names of the 17 … Read more