The “Siberian” climate was predicted just four years after the London Independent assured its readers that “Snowfalls are now a thing of the past.”

PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS: ● Shot: —The Grauniad, yesterday. ● Chaser: “President Obama ‘has four years to save Earth.’” —Headline, The Grauniad, January 18, 2009. ● Hangover: The “Siberian” climate was predicted just four years after the London Independent assured its readers that “Snowfalls are now a thing of the past.”     h/t ED

Here’s What Happened in the Service Sector in Q1

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Finance & Insurance, Which Dominates the US Economy, Has Blistering Q1. Huge Services Sector Not Yet Hit by Slowdown in Goods. Revenues in private-sector services in the US rose 5.6% in the first quarter of 2019, compared to a year ago, to $3.94 trillion, according to the Commerce Department’s Advance Quarterly Selected … Read more

The Normalization and Institutionalization of Fraud

by Charles Hugh-Smith Normalizing and institutionalizing fraud undermines the foundations of the economy and the financial system. I am indebted to Manoj Samanta (twitter: @flation_debate) for the insightful concept the commoditization of fraud. The first step in the commoditization of fraudis to normalize fraud as Business as Usual (BAU) to the point that it’s no longer viewed as “wrong,” destructive … Read more

WHAT A JOKE! Democrats Headline Green New Deal Rally, Calls On Congress To Pass The OUTRAGEOUS Plan

Michael Bastasch from The Daily Caller reports, Democratic lawmakers, including one presidential candidate, rallied with environmental activists in Washington, D.C., Monday night calling on Congress to pass the Green New Deal. https://www.youtube.com/watch?v=w-7z28kaPQ4 Read More/Source/Credit/FairUse: https://dailycaller.com/2019/05/14/de…    

Why Dems Are Pushing the Ab*rtion Debate Now As A Wedge Issue and Why It’s Politically Stupid

https://www.youtube.com/watch?v=94as5dK_gl4 As an exercise of raw judicial power, the Court perhaps has authority to do what it does today; but, in my view, its judgment is an improvident and extravagant exercise of the power of judicial review that the Constitution extends to this Court. — Roe, 410 U.S. at 221–22 (White, J., dissenting).  

MASSIVE Twitter Meltdown After Media/Pollsters Lie to Australians About Expected Election Results – Russia to be Blamed Soon?

https://twitter.com/hashtag/election2019results https://twitter.com/Ericssenw/status/1129755442719133696 https://twitter.com/AaronParish/status/1129758029149331458 My daughter watching @abcnews from Iceland now saying she's not coming home now in tears with my Grandson wondering what the hell is going on. Others have contacted me in tears.. I'm confused ffs .. Strange night #auspol not good for Australia pic.twitter.com/q6rOOqLPiL — Politic@l Spinner (@lesstenny) May 18, 2019 I seriously … Read more

REAL RECOVERY OR MARKET TRICKERY? Claudio Grass On The Everything Bubble

by Claudio Grass via Claudiograss.chMainstream analysts and market bulls have some powerful numbers on their side: government-published unemployment figures remain low, America just had the best first quarter of a year for stocks since 1998, and the U.S. dollar is still the world’s reserve currency. But is all of this really indicative of a strong economy and a … Read more

Monsanto Kept Dossiers on Influential People, Paid Researchers to Cover Up Agent Orange/Cancer Link

by axolotl_peyotl Pepperidge Farms would remember if they hadn’t been wiped out by Monsanto’s poisons. Incredibly, two of the most evil corporations ever created by man, Monsanto and Bayer, have joined forces in some horrific conjunction of anti-human insanity. The pharmaceutical companies are perhaps only matched by the military industrial complex in their genocidal ambitions. Undoubtedly, Big Pharma … Read more

Wal-Mart Executive Warns: “Higher Tariffs Will Lead To Higher Prices For Customers”

by Michael Snyder Wal-Mart gets approximately one-fourth of all the merchandise that it sells from China, and Wal-Mart’s CFO is warning that “higher tariffs will lead to higher prices for customers”.  In other words, U.S. consumers will soon be feeling a lot of pain.  Over the last several decades, major retailers such as Wal-Mart have … Read more

When The Casino Is Being Whipsawed By Robo-Traders–It’s Time For A Plan On How Not To Become COLLATERAL DAMAGE

By David Stockman When the Wall Street chart-monkeys get vertigo on steroids—cliff-diving one day and ripping higher the next—they eventually become foaming-at-the-mouth-manic. That’s happening right now. And when the final blow-off mania arrives, that’s exactly when Wall Street bubbles are about to collapse. So it’s time for a plan on how not to become: COLLATERAL DAMAGE. As the markets first … Read more

4 Reasons Why Central Banks Are Rapidly Buying Gold

From Birch Gold Group According to official data provided by the World Gold Council, Central Banks are buying up gold fast. In fact, gold purchases by Central Banks and other institutions increased a whopping 68% year-over-year from Q1 2018. You can see the increase in the chart below: The last time gold was bought at this pace was in 2011, when prices were … Read more

About That Roaring Stock Market

by Jim Quinn Fundamentals!!! Buybacks were illegal before 1982 ….which is most of the 20th century. Buybacks are supposed to be funded with excess cash that the business doesn’t need for innovation or expansion. Business today is not into expansion. They are into financial engineering and short termism. Shareholders should be voting on each and … Read more