WATCH: Cop Admits He’s “Trigger Happy” and He Gets Paid Overtime if He Shoots Someone

via thefreethoughtproject: Hartford, CT — (RT) A Connecticut police officer has been suspended after a video emerged of him warning suspected trespassers not to do anything stupid, because he is “trigger-happy” and will be paid for overtime if someone gets shot. “If anybody wants to fight or run, I’m a little trigger-happy guys, I’m not gonna lie. And … Read more

UK real wage growth continues to disappoint

by Shaun Richards Today brings us back to the domestic beat and in fact the heartbeat of the UK economy which is its labour market. This has in recent years seen two main developments. The first is a welcome rise in employment which has seen the unemployment rate plunge. But the second has been that … Read more

See how women’s calculus of marriage shapes America

by Fabius Maximus Summary: This is a milestone post, giving a summary of the three-score posts about the evolution of marriage in America. See marriage and divorce as rational from the perspective of women. They are shaping a new American society. Also — the movers arrive today with our worldly goods, and the FM website resumes its normal … Read more

Pension Crisis on the Horizon

by FS We’ve often discussed problems facing state pension systems, but now we’re seeing the makings of a crisis forming over unfunded liabilities and state pension systems. This time on the Financial Sense Lifetime Income Series, Jim Puplava discusses what he sees as a coming tsunami of pension problems for retirees. Perfect Storm Brewing This analogy … Read more

The pool of publicly traded stocks is shrinking. Here’s what investors can do

From Frank Holmes at Frank Talk: Elon Musk is no stranger to making controversial and outlandish comments, and his tweet last week is no exception. As you probably know by now, the perennial entrepreneur announced to his more than 22 million Twitter followers that he is “considering taking Tesla private at $420.” Despite the Herculean challenge—such a move … Read more

Italy Warns that Stopping QE will Lead to Collapse of Eurozone

by Martin Armstrong Italy has called on the ECB to guarantee the bond yields warning that if they END quantitative easing the Eurozone will break apart. On this score, they are not wrong. The economic spokesman for the Italian governing party Lega has warned of a collapse of the Eurozone. The ECB should ensure that the yield spreads of government … Read more

Apple Supplier Hon Hai Shares Fall 1.9 Percent After Second Quarter Results Miss Estimates

via RTRS  For the quarter ended June, Foxconn reported a net profit of T$17.49 billion ($567.25 million), versus T$17.9 billion a year ago. This was below a mean estimate of T$21.936 billion ($711.45 million) from nine analysts polled by Thomson Reuters I/B/E/S. It did not elaborate on its earnings. *** We have positioned ourselves accordingly: … Read more

300+ ‘Predator Priests’ Named In PA Grand Jury Report

  PITTSBURGH (KDKA) — The long-awaited state grand jury report into sexual abuse in six Pennsylvania dioceses, including Pittsburgh and Greensburg, has finally been released. The 884-page document, two years in the making, shines a light into the dark corners of these dioceses going back seven decades, exposing the predators and the efforts of their … Read more

The Price of Cheap Dollar/Euro Debts: Local Currencies Come Unglued, Debt Crises Ensue

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Grand Collapse in Turkey; to avoid the same fate, Argentina hikes rate to 45%. On Monday, Argentina’s central bank responded to the currency chaos in Turkey and other sections of the Emerging Markets, including the ongoing collapse of the Argentine peso: It raised its policy rate by five percentagepoints to 45%. Argentina’s … Read more

Boston-Area Mayor Launches Boycott of Sam Adams, One of His Area’s Biggest Employers and Brands, Because the Owner Said Positive Things About the Trump Tax Cuts

Watch the latest video at foxbusiness.com It may be beer-time somewhere, but you won’t see one Boston-area mayor sipping on a Massachusetts staple anytime soon. The mayor of Somerville, Massachusetts, Joseph Curtatone, is boycotting Sam Adams after co-founder Jim Koch praised President Trump’s tax cut plan at a dinner in New Jersey last week, saying … Read more

KAROL MARKOWICZ: The media’s blatant hypocrisy — even about media-bashing.

via nypost: Welcome to the age of self-congratulatory media. “Democracy dies in darkness” goes the ridiculous tagline on The Washington Post’s front page. Reporters openly call themselves heroes and firefighters. Yet when it doesn’t fit the standard left-wing narrative, our Guardians of the Galaxy are MIA. On Sunday, the Unite the Right II rally of white … Read more

When taxpayers tire of subsidizing this sort of thing, we’ll be told that it’s because of “anti-intellectualism.”

HIGHER EDUCATION BUBBLE UPDATE: Identifying the Real Haters on Campus. While radical feminism in the 1960s called for challenging existing gender roles and abolishing what the feminists saw as the pervasive patriarchy that permeated social institutions, churches, politics, and schools, today’s radical feminists call for the elimination of men. In an offshoot of the #MeToo movement, … Read more

Gowdy: ‘Unbelievable’ That DOJ’s Bruce Ohr ‘Would Insert Himself Into an Ongoing Investigation’

via CNSNews: Members of the House Oversight and Judiciary Committees will return to Washington on August 28 to hear what Bruce Ohr, a high-ranking Justice Department official, has to say about his connection to the Steele dossier, which apparently launched the Trump-Russia investigation. Ohr’s wife Nellie worked for Fusion GPS, which hired Christopher Steele to produce … Read more

Deutsche Bank shares crumble

https://www.investing.com/equities/deutsche-bank Under 9. Crosses that mark and then we may be in for trouble. DB is exposed to Turkey, but not as bad as banks in Spain. Yet with all of DB’s troubles, who knows what they really have on their books and where…   h/t KEK

The financial elite are not allowed to show You this chart

the financial elite are not allowed to show You this chart pic.twitter.com/NwEIT5pzJ6 — Alastair (@StockBoardAsset) August 14, 2018 China's growth slowdown has nothing to do with trade tariffs but now they have a convenient excuse for it to the masses pic.twitter.com/RydkGB2cn0 — M/1_LP (@MI_Investments) August 14, 2018 China slowdown and a currency crisis would have … Read more

1997 Asian financial crisis – Thailand > Malaysia > Indonesia > South Korea > Russia debt default > Long Term Capital Managament…derivative implosion, economy on brink of collapse.

https://twitter.com/OccupyWisdom/status/1029339254030299136 What we have witnessed in Emerging Markets is simply a continuation of what we saw with Equity Vol and very briefly in Italy. It is also the part of the same thing as the Crypto and Chinese equities corrections. The Unwind is underway. Markets are beginning to normalize. — Paranoid Bull (@paranoidbull) August 13, … Read more

Trump Signs Massive Defense Bill: Biggest Pay Raise For Soldiers In Nine Years

via dailywire: On Monday, President Trump signed the National Defense Authorization Act, or NDAA, a bill authorizing an increase of over 15,000 troops as well as a long-overdue pay raise for soldiers. The military spending package includes $717 billion for national defense in the next fiscal year, according to the White House. The additional soldiers will be … Read more