Month: April 2018

by Thinker A Houston megachurch pastor with ties to former Presidents Barack Obama and George W. Bush is planning to turn himself in to authorities after he was indicted for orchestrating a $3.5million fraud, his lawyer has said. The pastor, Kirbyjon Caldwell, and Gregory Alan Smith, a Louisiana financial planner, were brought up on federal … Read more

https://youtu.be/DyDez1Bm708 Caravan Of Illegals heading For Border Grows to Over 5000. Numbers Growing Daily. What we know so far about the Caravan: The caravan has grown to 5000 as of last night and is growing larger every day. Paul Nehlen posted on Facebook: “I’ve NOT ruled out heading to the border myself to make a militia stand … Read more

by Thinker When it comes to the global mainstream media that is owned by six corporations, it is clear that they only want you to hear what they want you to put into your brain. When they want it bad enough, it will be heard around the world. Independent thinking is not wanted and neither … Read more

Voyager 1 spacecraft awakens after 37 years the same day that the Chinese space station plunges to Earth. Arctic Sea Ice is above 2006 & 2007 Levels and the Arctic is refreezing as the Arctic Vortex recombines in on itself. Look for record cold temperatures later in the week in the Arctic Circle. Looking at … Read more

No credit debt or car payments for me. That’s how you stay broke. Pay down that credit ASAP and stop spending. https://www.youtube.com/watch?v=SPEsMLaDm0M Tucker Carlson on consumer credit card debt in America (3-30-18). Ben

True. There is no civility left these days. People have had it. Violence is all that’s left. This doesn’t bode well for things going forward though.     h/t Evil_Twin

by Thinker (Phillip Schneider) In 2010, it was found that roughly 100,000 Americans die each year from prescription drugs alone. When it comes to opioids, the number of deaths is in the tens of thousands while a quarter of patients who were given a short-term prescription transitioned to long-term use. Related It’s A Fact: Population … Read more

by Thinker A group of skeletons were found near South Bend, Indiana. At least one of them was a Giant Mound Builder. This was published on October 23, 1925 in the Evening News, San Jose, California. What is more interesting was the presence of a large amount of ore containing Silver or White Gold. The … Read more

by Lance Roberts  Last week, Kevin Muir wrote a very interesting piece on debt and whether it is inflationary or deflationary. To wit: “One of the greatest debates within the financial community centers around debt and its effect on inflation and economic prosperity. The common narrative is that government deficits (and the ensuing debt) are bad. It … Read more

SEATTLE — The Seattle Police Department used the “red flag law” warrant for the first time by taking a handgun from a man in downtown Seattle on Thursday, according to a Seattle Police Department. Washington state is one of five states that has passed the law, known as the Extreme Risk Protection Order, which gives … Read more

by WARREN MOSLER Everything pretty much as expected, more comments via the charts: Highlights Inflation data are inching higher while softness in spending is offset by strength in wages. The core PCE price index managed only an as-expected 0.2 percent gain in February though the year-on-year rate moved a notch higher to 1.6 percent, which is … Read more

by Daisy Luther, The Organic Prepper I’m going to start this issue telling you why February and March were terrible months for me. I had some major financial problems, but there’s a moral to the story, so bear with me. (I’m not just whining or looking for sympathy, I promise.) What I want you to … Read more

Authored by Chris Hamilton via Econimica blog, In the first quarter of 2018, the financial and investing industry went into overdrive detailing the upside of the 2018 tax cuts and the positive impacts of a “business friendly” executive and congressional branch on business in America.  The stock market hit record highs and the Federal Reserve proclaimed such good times … Read more

By TIMP Staff (Dash Force News) MailChimp joins Google, Facebook and Twitter in banning cryptocurrency related advertising on their platform. The mass email marketing manager, MailChimp, announced on March 29 that they intend to ban any “businesses involved in any aspect of the sale, transaction, exchange, storage, marketing or production of cryptocurrencies, virtual currencies, and any digital assets … Read more

BY JOHN MAULDIN The stock market is overvalued by many different measures. I recently shared Dave Rosenberg’s thoughts on the subject. But at the SIC 2018 conference, we also heard a lot more from Steve Blumenthal, Mark Yusko, and several others. The evidence is adding up—and it’s not bullish, to say the least. What drove valuations higher? There are many … Read more

Josh Sigurdson talks with author and economic analyst John Sneisen about the recent news of Federal government “market debt” in Canada reaching 1 trillion dollars. Now, as John explains, this isn’t just “market debt” this is debt owed and debt that the government is simply paying the interest on. When you only pay the interest … Read more

Tech giants brace for sweeping EU privacy law Facebook and other internet companies are racing to prepare for a sweeping new European Union (EU) privacy law that aims to give consumers greater control over the use of their data. The law comes at a critical time for the industry, which is already facing tough questions … Read more

by DCG Wait until you read what the police blame this on…seriously. From Fox News: London became a bit more like New York City in February, but it’s not a distinction to be proud of. The city of Big Ben and the tube that sits on the Thames River overtook New York in murders for the first time … Read more

by visualcapitalist View the high resolution version of today’s graphic by clicking here. The average person is awake for 15.5 hours per day, but once you subtract hours committed to work, eating, chores, personal care, and errands, there’s only so little much free time leftover. That’s why the amount of time spent commuting, either in a car … Read more

China is implementing new tariffs on meat, fruit and other products from the U.S. as retaliation for American duties, heightening fears of a potential trade war between the world’s two largest economies. Beijing’s latest move, announced by its finance ministry in a statement dated April 1, is direct retaliation against taxes approved by President Donald … Read more

https://twitter.com/OccupyWisdom/status/980602749283983360 With U.S debt-to-GDP ratio crossing 106% and ratio of interest payment expenditures to revenue increasing, sovereign rating risk parameters are worsening. Will be hard to held up this AA+ — Gregor Peter (@L0gg0l) April 2, 2018 https://twitter.com/spectatorindex/status/980755848564588551 “just 2-in-5 Americans said they’re able to spend less than they earn. Spending on U.S. general purpose … Read more

China seems ramped up to pursue facial recognition technology everywhere in China. Is this going to be the same for the U.S. in the near future? Important look on a future with big brother. By 2020, China will have completed its nationwide facial recognition and surveillance network, achieving near-total surveillance of urban residents, including in … Read more