Month: January 2019

If the Democrats’ new platform of post-birth abortion doesn’t help the GOP in black and hispanic communities, something’s wrong.

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PAUL BEDARD: As base shrinks, GOP urged to ‘show up’ in black, Hispanic communities. If the Democrats’ new platform of post-birth abortion doesn’t help the GOP in black and hispanic communities, something’s wrong. Meanwhile Juliette “Baldilocks” Ochieng posts this on Facebook. She’s been warning for a while that leftist agitators are deliberately trying to sow racial division. … Read more

Bankrupt PG&E asks BK Court to end $42 Billion in UNPROFITABLE Green Energy Contracts!

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Pacific Gas and Electric (PG&E) may shed more than $40 billion worth of power purchase agreements after the California utility was driven into bankruptcy by liabilities for sparking deadly wildfires, The Wall Street Journal reports. PG&E wants the U.S. Bankruptcy Court in San Francisco to rule whether the company must honor $42 billion worth of contracts with … Read more

Lloyds Bank Resurrects 0%-Down Adjustable-Rate Mortgages for First-Time Buyers to Prop Up UK’s Housing Market

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Desperate measures for desperate times? By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. As house prices in the UK continue to slip-slide downwards, compounding fears that the multi-year housing boom has run out of gas, the country’s largest mortgage lender, Lloyds Bank, has unveiled a new mortgage schemecalled “Lend a Hand” to help first-time buyers … Read more

QE may restart only if things get really ugly – think Financial Crisis.

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “Patient” has become the Fed’s favorite word in recent weeks as just about all Fed governors slipped it into their speeches. Today the word made its way into the FOMC statement for the first time. During the Q&A at the press conference, reporters tried to get Fed Chairman Jerome Powell to … Read more

The One Thing That Could Almost Guarantee A Trump Victory In 2020 Is On The Verge Of Happening

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by Michael Snyder The left has been salivating over the prospect of voting Donald Trump out of office in 2020, but now something has happened that could change everything.  On Sunday, former Starbucks CEO Howard Schultz announced that he is “seriously considering running for president as a centrist independent”.  If Schultz officially decides to run, and it … Read more

Press Secretary Sarah Sanders Freaks Out The Mainstream Media By Saying That God “Wanted Donald Trump To Become President”

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by Michael Snyder Isn’t it nice to have a press secretary in the White House that is not afraid to speak the truth?  Sarah Sanders has an extremely tough job, and she has done it with dignity and grace.  And in her position it would be really easy to attempt to be as “politically-correct” as … Read more

Fund Manager: The Stock Market Would Crash Without Central Bank Support

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by Dave Kranzler of Investment Research Dynamics The mis-pricing of money and credit has also driven a terrible misallocation of capital and kept unproductive zombie debtors alive for too long. Saxo Bank, “Beware The Global Policy Panic” “Mis-pricing of money and credit” refers to the ability of the Fed to control interest rates and money supply.  Humans with character … Read more