Authored by Steve Stretsky via VanCityCondoGuide.com, The correction in the Vancouver condo market is now fully underway after prices peaked at the beginning of 2018. This should really not come as a surprise given how weak the detached housing market has been for nearly 2 years, and considering the tightness in the mortgage lending space. … Read more
by Geoffrey Grider China has developed and tested a new aerial bomb, dubbed the country’s answer to the ‘Mother of All Bombs’ built by the United States. Military experts said the Chinese bomb could eliminate fortified ground targets The Chinese military is growing at an astonishing rate of speed, and that, matched with the increased military buildup … Read more
by Martin Armstrong President Donald Trump on Friday said he has considered using emergency powers to build a wall along the U.S.-Mexico border. The press has been saying that he could declare a national emergency to redirect money from the Defense Department or other sources to fund the wall. However, Obama used funding that was granted by … Read more
today president trump press conference lasted an hour or so and he talked about trump government shutdown and his meetings with nancy pelosi and chuck schumer he also talked about trump border wall and trump wall and the wall we need on our southern border and what he would be willing to do to get … Read more
by sundance Earlier this week DHS Secretary Kirstjen Nielsen was planning to deliver a border security briefing to leaders of congress. After announcing they did not want to gain national security information that was adverse to their political interests, Democrat Speaker Nancy Pelosi, Majority House Democrat Leader Steny Hoyer, Democrat Senate Minority Leader Chuck Schumer and … Read more
by axolotl_peyotl This is a very thought-provoking article that hits at the heart of the corruption in American politics today, a corruption that is explicitly bipartisan. The only way America can be saved, not just through newfound isolationism or trade wars, is through restoration of traditional checks and balances that long ago melted away as the … Read more
via arstechnica: Apple has suffered another blow in its global patent battle with Qualcomm as it was forced to pull older iPhones from its shelves in Germany. Currently the German Apple store offers the iPhone XS and XR but not the iPhone 7 or iPhone 8. Qualcomm says Apple was forced to pull its older smartphones due to a December … Read more
‘Gun-toting hippies’ greet Boulder ‘assault weapons’ ban with mass noncompliance. Boulder’s newly enacted “assault weapons” ban is meeting with stiff resistance from its “gun-toting hippies,” staunch liberals who also happen to be devoted firearms owners. Only 342 “assault weapons,” or semiautomatic rifles, were certified by Boulder police before the Dec. 31 deadline, meaning there could … Read more
via rfa.org: Chinese fishermen are damaging the livelihoods of South Americans through large-scale illegal fishing. The fishermen have been visible in the Pacific Ocean for several years, and there’s nothing illegal about their fishing in international waters. But according to Evan Ellis, an American expert on such matters, many of the fishermen have now begun … Read more
Logic is the foundation of a coherent worldview. Inability to spot logical fallacies allows you to be subjected to propaganda and disinformation. Learn to spot them. h/t TheCIASellsDrugs
Protesting on the weekends, the French people have been voicing their oppostion. The protests started in December. https://youtu.be/3dZcE9Nst7c Here’s another livestream that’s running right now. – https://www.youtube.com/watch?v=G0WFOJAFulA Feel free to add any other livestreams you find. h/t xleb1
House Speaker Nancy Pelosi said she would donate one dollar to help build the border wall during a recent press conference, — so Brian Kolfage, a triple-amputee Veteran and founder of the border wall GoFundMe decided to head down to the U.S. Capitol to collect. When it comes to raising money every dollar counts. … Read more
In a letter to congressional leaders, Trump said the first of about 80 military personnel arrived in Gabon on Wednesday in case they are needed to protect U.S. citizens and diplomatic facilities in Congo’s capital Kinshasa. He said they “will remain in the region until the security situation in the Democratic Republic of the Congo … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But average transaction prices rise to record highs. In terms of new-vehicle sales in the US, 2018 was the third relentless down-year in a row for three of the four biggest automakers, GM, Ford, and Toyota. For them peak sales occurred in 2015. GM delivered 2,954,037 vehicles in 2018, down 1.6% … Read more
Throughout the United States there are radically different regulations and rules. Some states are very high in taxation. Other very low. Businesses have been moving to the lower tax states for their headquarters in order to reduce the burden of taxation. Many high income earners have been leaving higher tax states in order to offset … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter For the past two months, the sound of wailing and gnashing of teeth about the Fed’s QE unwind has been deafening. The Fed started the QE unwind in October 2017. As I covered it on a monthly basis, my ruminations on how it would unwind part of the asset-price inflation and Bernanke’s … Read more
https://youtu.be/-1AIBUS0EWE Ballsonaro gets it. His first priority was to fire communists from the civil service and education system and will give law abiding citizens gun ownership rights. Neighbor Venezuela has fallen. This is no joke to these people. h/t polakfury
One thing Donald doesn’t do, is attack people who voted Hilary and Democrat. He keeps the attacks to the politicians and media. https://youtu.be/6ahNsZX9hgs Liberal media, pretty much 100% of the entire US media machine, are going to push too far and there will be no sympathy for what they bring on themselves. AC
by John Rubino Peter Schiff: “A dovish Fed won’t fly” … Marc Faber on the markets’ “dreary December” … Jim Rickards: The Depression is already 10 years old … Mike Maloney: 2019 will be the year for gold and silver … Lynette Zang: The four “big Cs” of 2019: confusion, contraction, contagion, chaos …
Declining sales due mainly to Starbucks bathroom and other social justice policies are forcing closure. Several customers who have asked employees why it’s closing have been told an increase in homeless individuals are turning off customers, leading to a decline in sales. “There are people camped out there all day. I noticed an uptick starting … Read more
via nbcnews: The U.S. military plans to scale back its role in Somalia and curtail airstrikes against al-Shabab insurgents after having taken out many of the group’s senior operatives, two senior U.S. officials told NBC News, the latest signal the Trump administration is looking to cut the number of troops deployed around the world. The move reflects … Read more
Millennials up 420% in congress, while Silents and Boomers step aside. https://www.businessinsider.com/changes-in-gender-racial-diversity-between-the-115th-and-116th-house-2018-12 h/t Jim
via visualcapitalist: With each passing year, an increasingly large segment of the population no longer remembers images loading a single pixel row at a time, the earsplitting sound of a 56k modem, or the domination of web portals. Many of the top websites in 1998 were basically news aggregators or search portals, which are easy concepts … Read more
by Dr. Eowyn In the past, political asylum applicants are often detained in the U.S. while their petitions move through the system. Because of the large caseload, lengthy backlog, and a shortage of detention space, many are given a court date and released. President Trump has repeatedly denounced this de facto policy of “catch and release” and … Read more
As much as 40% of Mexican territory is prisoner to chronic insecurity and violence, the future chief of staff of Andrés Manuel López Obrador, the incoming president, has claimed. Alfonso Romo, a prominent entrepreneur who was part of the leftist’s watershed election triumph last week, made the assertion during a summit of business leaders on Monday in Mexico … Read more