https://www.youtube.com/watch?v=Vl06l9ly87E “Those who would give up essential Liberty, to purchase a little temporary Safety,deserve neither Liberty nor Safety.- Benjamin Franklin
by Adam Taggart This chart from Bank of America (hat-tip to Zero Hedge) shows how critical the tiny number of FAANG stocks have become to the overall market. In fact, they essentially now ARE the market. Without the five FAANG stocks, the return for the S&P 500 index would be negative year-to-date: The entire stock market is … Read more
via charleshughsmith: Our institutional failure reminds me of the phantom legions of Rome’s final days. The mainstream media and its well-paid army of “authorities” / pundits would have us believe the decline in our collective trust in our institutions is the result of fake news, i.e. false narratives and data presented as factual. If only we could rid ourselves of fake … Read more
The incoming #recession may materialize at an accelerated pace due to the fact that post-2008, we never really had a recovery. We had anemic, depressed growth at the periphery of the zero bound. Easier to fall from 1-2% than 5-6%. Banks’ consensus warned about a 2017 -then 2018, then 2019- US recession. . The wide … Read more
by Chris Black If you want to have some good ol’fun, just turn on CNN right now, or check out the videos below. The deep-state sock-puppets at CNN&comp are almost crying. And that’s great news. To tell you the truth, I haven’t felt so good since November 8, 2 years ago, if you know what … Read more
Wealth Research Group, Released on 7/14/18 01:15 The perception of President Trump, good or bad? 07:30 Europe’s political and economic problems 12:20 Similarities between Hamilton, Lincoln and Kennedy 15:10 Is it game over for the Deep State? 19:40 Stock bubble, dead cat bounce
https://www.youtube.com/watch?v=J6LjtrDWB9w “What Happened To The DNC Servers?” President Trump Demands To See Evidence Of Russia Hacking president trump was asked if he believes that russians try to hack the election he brings up the dnc servers this was during the putin press conference and trump press conference also trump putin press conference this is news … Read more
https://www.youtube.com/watch?v=R8nameHMpZI Putin Accuses Hillary Clinton Of Accepting $400 Million Dollar Illegal Donation From Russia this is news today from trump putin press conference during the putin trump press conference putin had something to say about hillary clinton this was during the helsinki summit this is trump news president trump got asked questions about election meddling … Read more
Do you think the prices are sustainable? The bubble continues to expand. Look around the world, major cities have one thing in common: Prices are astronomical. In the U.S., Canada and anywhere else it’s allowed, people have been using their homes as an ATM, pulling out the equity in order to make discretionary purchases. Truly … Read more
by LV After Caesar Augustus gained complete control in 27 B.C. and became the first Roman Emperor, he established the Praetorian Guard for his personal protection. Over the next three centuries, the Guard exploited its nexus to the seat of power for its own interest and aggrandizement. Most notably, the Praetorians schemed and interfered with Roman politics … Read more
by Fabius Maximus Summary: I am on the road this week, moving from the San Francisco Bay Area to make a new start in the Heartland. Posts will be brief, appearing irregularly. Let’s start with an addition to the “smackdowns page” (listing my mistakes). A fake but good quote! “Anger is easy. Anger at the right … Read more
Talk Digital Network, Released on 7/14/18 Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog: http://www.jugglingdynamite.com. Danielle worked as an attorney … Read more
by DCG Truth. From Yahoo (via Business Insider): An anonymous resident of San Francisco placed a full-page ad San Francisco Chronicle Friday to draw attention to the city’s homelessness crisis after an alleged experience with a scissors-wielding homeless man in a downtown cafe left her feeling “horrified.” The woman detailed her account in the ad, titled “Watch your … Read more
“Think of how stupid the average person is, and realize half of them are stupider than that.” ― George Carlin h/t Jim Quinn
SPRINGFIELD, Ill. (AP) — A new state program will automatically deduct money from the paychecks of about 1.2 million Illinois residents for retirement savings. The move could reduce the use of food stamps, Medicaid and other publicly funded social programs, said Illinois Treasurer Michael Frerichs. Illinois Secure Choice is being phased in more than three … Read more
by Martin Armstrong During the 1980s, I was called in to create a hedge for a bank against the Turkish lira which nobody made a market on. I had to create a synthetic hedge for the currency was moving into what became hyperinflation. The Turkish lira has begun to fall ever since Recep Tayyip Erdoğan became the … Read more
Kick out the hard-working people and keep the terrorists. Flawless logic. A Japanese winemaking couple in France could face deportation, with French authorities saying that their business is not profitable enough… even though they have been credited with producing an outstanding red wine. Rié and Hirofumi Shoji who live in the Pyrénées-Orientales department in … Read more
by howmuch Earning an above-average wage early in a career is a critical predictor of long term success. Raises and promotions compound over the course of several decades. This means that if young people start out earning relatively little compared to their peers, they tend to make less over their lifetimes. Our new map highlights the parts … Read more
Michael Goodwin: Peter Strzok’s arrogance is the product of a corrupt FBI. Watching FBI agent Peter Strzok battle with Congress, my initial reaction was pure anger. His repeated, arrogant insistence that he had done nothing wrong despite tons of evidence to the contrary convinced me he deserved immediate firing — if not the firing squad. … Read more
Juul Madness. The smoking rate for American adults and teenagers has hit an all-time low, but public-health activists are working hard to reverse the trend. They’ve renewed their attack on the vaping industry and singled out Juul Labs, the makers of an e-cigarette so effective at weaning smokers from their habit that Wall Street analysts … Read more
by badpauly These are the latest Schedule 13D forms filed by activist investors in the last 7 days. Activist investors are investors that make an investment with the intention of influencing management in some way. There is evidence that following activist investors into investments can generate excess returns. Schedule 13G forms, in contrast, are filed … Read more
“The state’s efforts to save homeowners money are now keeping many of them locked in their homes — and potential buyers locked out.” Virginia Postrel: In pricey areas, two enormous tax distortions will still encourage California homeowners to stick to the old homestead. One is the federal capital gains tax, which kicks in on any … Read more
https://youtu.be/ypZmvwYiwjg He tells how he was banned for citing the truth! AC
Paul really brings some sanity to the discussion talking about what really should be done with the knowledge that the Russians may have messed with our election. He also brought up an interesting reason why they may have done it. He shoots down the irrational talking point that Trump should demand the extradition of the … Read more
A federal Judge over the weekend ordered the LA times to remove information from an article that contained information about a plea deal filed under seal, but was accidentally made public via the PAACER system. The original article is still available via the wayback machine, and the censored article has nearly all of the reported … Read more