Month: October 2018

San Francisco spent $310,000 to register 49 non-citizens to vote in school election

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by DCG That money could have been spent on homeless US citizens who roam their city. From Sacramento Bee: A controversial drive in San Francisco to register non-citizens, including undocumented immigrants illegal aliens, to vote in school elections signed up 49 people at an estimated cost of $310,000, or about $6,300 per voter, reported KPIX. The city had started registering non-citizens to … Read more

These Three Things Could Spark a Year-End Rally

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https://www.youtube.com/watch?v=byUZ_EUljj8 On this week’s Stansberry Investors Marketcast, John Gillin and Greg Diamond discuss last week’s “brutal” markets. All the major indices suffered big losses, and bear markets are popping up everywhere. As John explains, 40% of S&P 500 companies are now in bear market territory, falling 20% from their highs. John and Greg go over … Read more

America’s young people are stumbling to the left

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From P.J. O’Rourke, Editor, American Consequences: Today, America’s young people are stumbling to the left. The pundits say so… “Why Millennials Are Drawn to Socialism” Chicago Tribune May 19, 2018 “This Is Why Millennials Favor Socialism” HuffPost April 11, 2017 “‘The S-Word’: How Young Americans Fell in Love With Socialism” The Guardian Sept. 2, 2017 The opinion polls agree… … Read more

Will Florida Elect Anti-Cop, Anti-Christian, Open Borders, George Soros Connected, Radical Progressive Andrew Gillum As Its Next Governor?

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by Geoffrey Grider Florida gubernatorial candidate and Tallahassee Mayor Andrew Gillum served as the director of a radical youth training organization whose mission was to challenge U.S. “predatory capitalism,” abolish the prison system, fight a “spiritual resistance” battle against “Christian hegemony,” redefine the meaning of “borders” while aiding “undocumented” aliens, and enact the “collective liberation” … Read more

A brief history of leftist political violence in 1 year

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From Daniel Greenfield at Sultan Knish: On September 9, Rudy Peters, the Republican running for Congress in the 15th District in California, was attacked by a knife-wielding man shouting, “F___ Trump.” The attacker, Farzad Fazeli, an Iranian Clinton supporter, had previously posted, “Don Trump won’t clean his own house, so he’s too dirty to know right … Read more

Stocks testing dual long-term support at the same time!

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by Kimble Charting CLICK ON CHART TO ENLARGE This chart looks at the NYSE Index over the past 20-years on a weekly basis. This very broad index has traded sideways for the past 15-months, while the long-term trend remains up. Weakness this month finds the index testing dual long-term support as weekly momentum is creating lower highs as … Read more

Republicans Promise Pivotal and Permanent Tax Cuts With Tax Cuts 2.0 Bill While Democrats Propose Perpetual Tax Hikes

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By Bob Shanahan For those out there still thinking of voting Democrat on Tuesday, let me remind you what Republicans have in store for next year: Tax Cuts 2.0.   A month ago, the GOP-controlled House of Representatives passed the second phase of the tax cuts following the December 2017-passed Tax Cuts and Jobs Act. … Read more

“Double Whammy of Rising Rates for Us and Our Consumers”: AutoNation

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter We knew “free money would inevitably end. Affordability would become an issue – particularly around new vehicles.” It has been a tad rough in the stock market for AutoNation, the largest auto retailer in the US, with 242 new-vehicle dealerships, selling 33 brands, including Toyota, Lexus, Honda, Acura, Ford, GM’s brands, … Read more