Intuit credit card service shuts down payments on all gun purchases

by DCG Another anti-Second Amendment company to add to your boycott list. From NY Post: Several gun-related businesses were suddenly — and without warning — disrupted in recent weeks when Intuit stopped processing credit card payments because sales were gun-related, The Post has learned. Some of the payments stopped didn’t even involve firearms, but simply T-shirts and coffee mugs and gun … Read more

USAF Nightmare: Image Surfaces Of China’s Sixth-generation Stealth Fighter

by stockboardasset Days before the Singapore summit, where the first-ever sitting between an American president and a North Korean leader occurred on Tuesday, Beijing released an image of what appears to be a prototype or scale model of the Chinese ‘Dark Sword’ unmanned stealth fighter, already dubbed a “nightmare for the U.S.,” which could be the world’s first “sixth … Read more

6/12/2018 – Judge Clears AT&T’s $85 Billion Takeover of Time Warner… FLASHBACK In 2000, Just Few Month Before Tech Bubble Burst – America Online Announced A Merger With Time Warner

AT&T wins: Judge clears $85 billion bid for Time Warner with no conditions 6/12/2018 U.S. District Court Judge Richard Leon did not impose conditions on the merger’s approval. He also urged the government not to seek a stay when issuing his decision in a closed-door room with reporters. Shares of Time Warner jumped roughly 5 … Read more

Reading between the lines, it almost looks like Musk is setting some expectations for some bad stuff down the line.

Reading Musk’s statement, I found a few interesting tidbits beyond the obvious. Maybe I’m going a little bit tinfoil hat here, but reading between the lines, it almost looks like he’s setting some expectations for some bad stuff down the line. He kept mentioning how they’re a small company. Apparently he’s unaware of his market … Read more

ANALYST: EU Is Now In FULL Collapse

https://www.youtube.com/watch?v=t0UggALdhkA Katie Hopkins joins Alex Jones live via Skype to break down how and why the European Union is currently heading into a total collapse due to individual nations declaring their right to sovereignty.

Canada is Already Facing Financial CONSEQUENCES After Trudeau’s Disastrous G7 Performance

https://www.youtube.com/watch?v=X7kM02J3rtc The Patriot Beat reports, Justin Trudeau is officially “Making Canada Worse Again.” Thanks to Trudeau’s disastrous performance at the G7 summit and his unwillingness to meet Trump half-way on trade, the Canadian dollar has already gone down. Read More/Source/Credit/FairUse: https://patriotbeat.com/2018/06/11/ca…

The Dollar’s Purchasing Power Drops 2.9% in May from Year Ago, Fastest Drop since Nov 2011

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Even as “hedonic quality adjustments” perform miracles to repress surging new and used vehicle inflation. Consumer price inflation, as measured by the Consumer Price Index, released this morning by the Bureau of Labor Statistics, jumped by 2.8% in May from a year ago, after having already jumped by 2.5% in April. … Read more

What’s Wrong with the Economy: 9 Toxic Dynamics

by Charles Hugh-Smith These nine dynamics are mutually reinforcing. Beneath the surface signals of an eternally rising stock market and expanding GDP, we all sense something is deeply, systemically wrong with the U.S. economy. These nine structural dynamics generate secondary dynamics, all of which are toxic to social mobility, sustainable prosperity, accountability and democracy: 1. The … Read more

The Volcano Of Debt – Craig Hemke

by Craig Hemke via Sprott Money News Just as gravity propels the lava from Kilauea inexorably toward the sea, a mountain of public and private debt looms over today’s markets. Earlier this week, the Boards of Trustees for both U.S. Social Security and Medicare released their latest updates on the “solvency” of the programs. The advisories can be … Read more

Inflation Is Back: Just Check Out This Chart

by John Rubino Monthly economic readings tend to be full of noise and are therefore unreliable. So it’s best to save the excited assertions for established trends. The US Consumer Price Index appears to have reached that point: As most readers probably know, the CPI is widely believed to understate the true rate of inflation … Read more

The US Deficit Is Not Financed by Foreigners…

This is EXACTLY our long-standing pt. In 3q14, foreign CB’s stopped sterilizing US deficits, which meant US deficits “mattered” for the 1st time in 70 yrs. US govt eff forced domestic investors to fund it via ACA, Bank HQLA, MMF Reforms, now Tax Reform. Cht via @dlacalle_IA https://twitter.com/LukeGromen/status/1006565157051518976 Forcing US investors to fund US deficits … Read more

Safest and most dangerous states

by Dr. Eowyn Do you know how safe or dangerous your state is? WalletHub compared the 50 states on 48 safety indicators, including: Fatalities per 100 million vehicle miles of travel Fatal occupational injuries per total workers Total loss amount from climate disasters per capita Murders and non-negligent manslaughters per capita Assaults per capita Sex offenders per … Read more

The most successful investor in modern history is selling… here’s what it means for you

by Simon Black It’s typically pretty hard to find anything exciting to say about drywall. Yes, drywall… as in, the building material that’s used for interior construction. Drywall, also known as wallboard, is manufactured from rehydrated gypsum to produce a calcium sulfate plaster, that’s later mixed with mildew-resistant foaming agent. . . hello? Are you still … Read more

America Is Unprepared For The Coming Jobs Apocalypse

by stockboardasset About 240 years and numerous industrial revolutions from the first, America could be on the verge of a new age of automation, one controlled by Silicon Valley robots and artificial intelligence. In fact, automation could destroy as many as 73 million U.S. low skilled, low wage laborers by 2030, a recent report by McKinsey Global Institute … Read more