Inflation is in the news, but what is it?

By Jeffrey A. Tucker at the American Institute for Economic Research: It’s in all the economic headlines now: the inflation threat is back. The Wall Street Journal reports: Inflation is back in the spotlight. Are we in for some surprises? First, let’s look at pipeline prices. The producer-price index, a gauge of what businesses are paying, jumped … Read more

How Amazon Rules

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter It owns 33% of the internet “cloud,” 49% of US e-commerce, and is elbowing into other sectors. Amazon (AMZN) is a Goliath in very different sectors. One is the internet cloud, a booming business. Amazon Web Services has evolved into the single largest player offering cloud computing services to companies, governments, … Read more

Big Pharma and the Rise of Gangster Capitalism

by Charles Hugh-Smith $8 per vial in competing developed-world nations and $38,892 in the U.S. That says it all. Thanks to decades of gangster films, we all know how gangster capitalismworks: the cost of “protection” goes up whenever the gangster wants to increase revenues, any competition is snuffed out, and “customer demand” is jacked up by any … Read more

A Short History of U.S. Trade Wars

by visualcapitalist The Chart of the Week is a weekly Visual Capitalist feature on Fridays. History is full of trade wars. In the majority of cases, the consequences are mostly economic – trade barriers are enacted, and then retaliatory measures are used to counter. Relations can continue to escalate until an understanding can be reached by both parties. … Read more

It Could Really Happen! Republicans Are Preparing To Impeach Deputy Attorney General Rod Rosenstein

by Michael Snyder  If this happens, it could change everything.  Even more than Peter Strzok, Deputy Attorney General Rod Rosenstein is a perfect example of a deep state operative.  No matter who we have sent to Washington, our government agencies have always been dominated by deep state operatives such as Rosenstein, and up until recently the American … Read more

Judicial Watch: FBI Begins Releasing Strzok-Page Communications, DOJ Objects to Preservation Order.

by TFittonJW Judicial Watch’s Herculean efforts gets results: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-fbi-begins-releasing-strzok-page-communications-doj-objects-to-preservation-order/ My Judicial Watch discussion of our lawsuit for Page-Strzok docs: More background: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-fbi-ask-strzok-page-preserve-records/  

There Is Trouble In The Financial Sector

TradersChoice.net, Released on 7/13/18 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate … Read more

Retail Wars: Walmart Patents Audio Surveillance Device To Monitor Employees

by stockboardasset The fight: Walmart versus Amazon.  It is a fierce fight between the retail giants, with no end in sight. Walmart, the vulnerable emperor of brick-and-mortar discount stores, is dueling Amazon, an e-commerce powerhouse with automated warehouses, and operates its retail segment at a loss to crush the industry as a whole. In a world where … Read more

The US Is Dead Broke

by Egon von Greyerz “The rich rules over the poor, and the borrower becomes the lender’s slave.” – Solomon This is the story about Debtor, a newborn American baby. Debtor has just been born into the greatest economy in the world, a land full of promises and opportunities. This is what his parents tell him. But … Read more

Strzok Hearing Erupts: No Memory? – You need your medication!

by Thinker A House Oversight Committee hearing gets personal when Rep. Louie Gohmert (R-TX) asks FBI agent Peter Strzok about his affair. Trey Gowdy Shreds Hillary Clinton’s Lies During Hearing With FBI’s James Comey The Bulldog, Trey Gowdy, rapid-fired through Hillary Clinton’s lies during a House hearing on Thursday. GOWDY: Secretary Clinton said there was nothing … Read more

Border patrol agents alarmed by the growing number of migrants illegally crossing border with children – who are not their own – to avoid long-term federal custody

Watch the latest video at foxnews.com via foxnews: MCALLEN, Texas –  Border patrol agents say they are alarmed by the growing number of migrants illegally crossing the border with children – who are not their own – to avoid long-term federal custody. Deputy Chief Patrol Agent Raul Ortiz said he’s seeing a growing number of … Read more

IT INTERFERES WITH THE POSTURING: How dare Republicans make us vote on the “abolish ICE” bill, say Democrats who wrote the “abolish ICE” bill.

In other words, the bill was a stunt meant to virtue-signal to the base about the left’s hostility to immigration enforcement. They got ahead of themselves in their rush to pander and Republicans tried to make them pay. How outrageous that the GOP would try to divide the Democratic Party by pushing this … Democratic … Read more