Month: January 2019

What will happen to Bank Carige of Italy?

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by Shaun Richards One of the longest running themes of this site has been the ostrich like behaviour of Italy about its banks. The official view has been that a corner is just about to be turned on what keeps turning out to be a straight road. I still recall Prime Minster Renzi assuring investors … Read more

List of 2018 happenings. 2019 could get pretty juicy

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by SOMB Hollywood sex charges Pentagon releasing verified UFO footage Omuamua, good chance we’ve seen our first alien probe French Revolution currently in progress Brexit due to actually happen USA economy seems to have started a silent down turn 9/11 grand jury hearing 9/11 hacked files with ‘more to come’ General weirdness (false missile alert, … Read more

Section 2808 of the Title 10 U.S. Code If the president declares an emergency that requires use of the armed forces the Defense secretary may undertake military construction projects. Congress can’t stop him and he has $100B to spend

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via dailycaller: What would happen if President Donald Trump declared a national emergency in order to build a southern border wall? The president is currently exploring the idea of declaring a national emergency so that he can build the wall without the approval of Congress. As the partial government shutdown heads into its third week, Congress … Read more

FITTON:We haven’t forgotten about “Sparatcus”, Maxine Waters incitement and Schiff’s classified info rulebreaking.

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by TFittonJW Our latest Judicial Watch discussion on the Dem Hill ethics crisis: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-calls-upon-office-congressional-ethics-investigate-whether-rep-schiff-rep-speier-disclosed-classified-information/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-files-house-ethics-complaint-against-maxine-waters-for-inciting-violence-and-assaults-on-trump-cabinet/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-files-senate-ethics-complaint-against-sen-cory-booker-for-purposely-violating-rules-in-releasing-confidential-documents/

Here’s Why Trump Could Soon Turn on Europe

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BY JOHN MAULDIN Last month’s Buenos Aires G20 summit was a chance for world leaders to forge common ground on important global issues. That’s not exactly what happened. But President Trump’s trade discussion with Chinese president Xi Jinping looked initially like a bright spot. They agreed to stop making things worse for a few months, at … Read more

Samsung says fourth-quarter earnings likely fell sharply on weak memory demand

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Samsung Electronics said on Tuesday that its fourth-quarter earnings likely decreased sharply due to lackluster demand in its memory chip business as well growing competition in the smartphone segment. The South Korean tech giant predicted operating profit for the three months ended December was approximately 10.8 trillion Korean won ($9.67 billion). That was 28.71 percent … Read more

Recession, 10% High Yield Spreads and a Key Points 1½% Fed Funds Rate – Prelude to a Storm?

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Recession, 10% High Yield Spreads and aKey Points 1½% Fed Funds Rate – Prelude to a Storm?Tough it was that dawn to be an investor, but to be in Treasuries was very heaven…’ (after Wordsworth) ask act@liquidity.com for reports ! pic.twitter.com/7OK5qQfl0B — CrossBorder Capital/ GLIndexes (@crossbordercap) January 7, 2019 The spread between LIBOR and SHIBOR … Read more

Arkansas’ largest commercial beekeeper, closed this week.

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via arkansasonline: Crooked Creek Bee Co., the retail sales and processing side of Arkansas’ largest commercial beekeeper, closed this week, a casualty of dicamba, Richard Coy, one of its owners, said Friday. The herbicide has been damaging or killing vegetation essential to pollination by bees the past three years, Coy said. Redvine, a flowering plant native … Read more

Cue the ‘IT’S HAPPENING’ memes. France could be starting a revolution that will spread throughout Europe. Globalists in panic mode

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by AnonDidNothingWrong Italy populist leaders back France ‘yellow vest’ protests ROME: The two leaders of Italy’s ruling populist coalition Monday spectacularly threw their support behind the “yellow vest” protesters roiling neighboring France. “Yellow vests, do not weaken!” Deputy Prime Minister Luigi Di Maio, who heads the anti-establishment Five Star Movement (M5S), wrote on his party’s … Read more

Dems Demand Network Time To Counter President Trump… Don Lemon Questions Why Media Should Air Trump’s ‘Propaganda’ Address

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Despite saying President Trump “should be given the bully pulpit, he owns it,” Lemon was concerned about letting America’s elected leader speak to the people. “But you’re giving him the opportunity to speak to the United States unfettered—to speak to the people of the United State and this President has a problem with the truth,” he … Read more

Chicago Seized And Sold Nearly 50,000 Cars Over Tickets Since 2011, Sticking Owners With Debt

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via wbez.org: Sandra Botello moved to Chicago five years ago for what she called “the opportunities.” Now 41, she and her children had been evicted from her home in Idaho when her landlord’s property was foreclosed. The move to Chicago indeed delivered opportunities. She earned an associates degree and then enrolled at the University of Illinois … Read more

Alexandria Ocasio-Cortez might not know much, but she knows exactly what she’s doing.

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THE POWER OF GLAMOUR: Alexandria Ocasio-Cortez a good dancer, clueless on tax policy. Does the Bernie Sanders-backed U.S. Representative from the Bronx — who wants to abolish ICE — not know there’s seven federal tax brackets in the 2018 U.S. tax code and that the “rich” already pay the lion’s share of taxes? In fact nearly … Read more

Five year jail terms sought for ex Tepco execs. Over fukushima!

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Here we go…. SOURCE: KYODO Five-year prison terms were sought Wednesday for three former executives of Tokyo Electric Power Company Holdings Inc. for their alleged failure to prevent the Fukushima nuclear disaster triggered by the March 2011 earthquake and tsunami. At the Tokyo District Court, court-appointed lawyers acting as prosecutors said if the three had collected … Read more

Mexico’s Battle Against Oil Theft by Violent Gangs Causes Gasoline Shortages

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via cbc.ca: A policeman inspects barrels containing stolen diesel fuel, stored in a tire repair shop, during an operation in the municipality of Apodaca, neighboring Monterrey, on July 4, 2011. More than 100 oil workers and contractors hired by Mexico’s state oil monopoly Pemex have aided criminal gangs stealing millions of barrels of fuel over the … Read more

Blowout on Hannity! Unhinged Geraldo defends violent illegals — Hannity and Bongino EXPLODE!

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Geraldo Rivera got into a shouting match on Monday night after defending violent illegal aliens on Hannity. Sean Hannity had just interviewed the parents 22-year-old Pierce Kennedy Corcoran of Knoxville, Tennesse who was killed by an illegal alien last week. https://www.thegatewaypundit.com/2019/01/blowout-on-hannity-unhinged-geraldo-defends-violent-illegals-hannity-and-bongino-explode-video/   h/t Voluntaryist

Alasdair Macleod: The Eurozone Is In A Danger Zone

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by Alasdair Macleod via Mises Wire It is easy to conclude the EU, and the Eurozone in particular, is a financial and systemic time-bomb waiting to happen. Most commentary has focused on problems that are routinely patched over, such as Greece, Italy, or the impending rescue of Deutsche Bank. This is a mistake. The European Central Bank and … Read more

2019: Fragmented, Unevenly Distributed, Asymmetric, Opaque

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by Charles Hugh-Smith Add up Fragmented, Unevenly Distributed, Asymmetric and Opaque and you get a world spinning out of centralized control. Here are the key dynamics of 2019: fragmented, unevenly distributed, asymmetric, opaque. Want to know what’s happening with inflation, deflation, recession, populism, etc.? It depends on what you own, when you own it, where you … Read more