Meanwhile in Sweden: Senior Citizen Faces 2 Years Jail Time For Factually Accurate Statement About Somali Immigrants’ Low IQ

by Chris Black Motto: In a world of universal deceit, telling the truth is a revolutionary act. War is peace. Freedom is slavery. Ignorance is strength-George Orwell A sixty year old Swedish man was accused of hate-speech, an Orwellian term that feels like home in Sweden (and other progressive EU countries by the way) nowadays, … Read more

Visualizing U.S. Energy Consumption in One Chart

by visualcapitalist Every year, the Lawrence Livermore National Laboratory, a federal research facility funded by the Department of Energy and UC Berkeley, puts out a fascinating Sankey diagram that shows the fate of all energy that gets generated and consumed in the United States in a given year. Today’s visualization is the summary of energy consumption … Read more

We’re No Longer Living In Refi Paradise

by John Rubino Back in the 1990s we did our first cash-out refi. And it was amazing. The bank lowered our monthly mortgage payment AND wrote us a check for $16,000. I told that story to everyone I met for months afterward, and they were, without exception, astounded. That, in a nutshell, is the refi … Read more

James Clapper Committed Perjury On The Senate Floor And Still Continued To Be Director Of National Intelligence Under Obama

James Clapper (the Director of National Intelligence) flat out lies to the Senate when asked whether or not the NSA is spying on American citizens. The MSM has been trotting this jackass out as a leading “Resist Trump” goon for a while now. He clearly lied under oath to Congress in this clip about something … Read more

What Will Surging Mortgage Rates Do to Housing Bubble 2?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The impact on homebuyers and the market, in dollars and cents. The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) and a 20% down-payment jumped to 4.86% for the week ending May 18, the Mortgage Bankers Association (MBA) reported this morning. This is up from 4.73% a … Read more

Stossel: Junk science locks up innocent people

From Reason: TV shows like CSI, Law & Order, and NCIS depict incredible technology for identifying criminals. In one NCIS scene, a 3D hologram identifies a person’s teeth, precisely matching the killer’s bite to a bite mark on a victim. “A little 3D magic for clarity and I give you—the killer’s incisors!” NCIS character “Abby” announces proudly. John Stossel loves crazy Abby, but notes … Read more

VIDEO: Police tells vehicle passengers to raise hands ‘like we’re going to shoot you’

From Truth in Media: An investigation into the activities of the Houston Police Department is reportedly underway following the release of a video that revealed an officer ordering a woman to put her hands up “like we’re going to shoot you” during a traffic stop involving three additional individuals. In the video, a police officer officer … Read more

WikiLeaks to Trump: ‘Obama Already Did it to the French’, Ordered CIA to Hack Le Pen and Other Candidates

Responding to a tweet from President Donald Trump, WikiLeaks pointed out that the Obama administration ordered the CIA to hack Marine Le Pen and other candidates during the French election in 2012. On Wednesday morning, President Trump tweeted that “SPYGATE could be one of the biggest political scandals in history!” In response, WikiLeaks noted that … Read more

Italy’s New Government is Born and the EU is Really Scared!

Giuseppe Conte (5 Stars Movement, lawyer) was just appointed as Prime Minister, minutes ago. Now, there will be new consultations between the new Prime Minister and the Government parties (5 stars, League). Then the ministers will be discussed. It will be a matter of days. https://www.theguardian.com/world/2018/may/21/italy-populist-coalition-set-to-name-political-novice-as-pm-nominee I can tell you that the EU is really … Read more

OUR LONG NATIONAL NIGHTMARE MAY SOON BE OVER

NFL Teams Will Be Fined If Players Kneel During National Anthem. NFL owners agreed Wednesday to a new policy governing player’s behavior during the pre-game national anthem ceremony. Commissioner Roger Goodell announced that the owners voted to fine teams if their players are on the field or sideline during the national anthem but refuse to stand. … Read more

Why Millennials Should Not Expect A Retirement Payout

Here is today’s articles mentioned in this news update: 1. 43% Of Millennials Plan To Quit Their Job Within 2 Years https://www.forbes.com/sites/zackfrie… 2. Millennials will depend on Social Security in retirement, just like their parents https://www.bankrate.com/retirement/m… 3. 53% of millennials would go into credit card debt to attend a friend’s wedding https://www.cnbc.com/2018/05/22/mille… 4. Opinion: Millennials … Read more

America’s Forgotten Default: A Look At The Devaluation Of The Dollar Against Gold In 1934

by Sebastian Edwards via Project Syndicate One of the most pervasive myths about the United States is that the federal government has never defaulted on its debts. There’s just one problem: it’s not true, and while few people remember the “gold clause cases” of the 1930s, that episode holds valuable lessons for leaders today. One of the … Read more

Max Keiser & Craig Hemke: False Prices, Derivatives and ‘Ticking Time Bombs’

Max Keiser & Stacy Herbert, Sputniknews, Released on 5/22/18 Click Here to Listen to the Interview https://ria.ru/aurora/flv/file.aspx?ID=6958280&type=mp3 As the Pope warns about the ‘unacceptable’ ethics of ‘gambling on the failure of others’ via credit default swaps, Double Down talks to Craig Hemke of TFMetalsReport about the latest from Italy where insuring debt is soaring as a new government talks about introducing a parallel currency. What is the … Read more