Month: May 2019

TABLES TURN: Attorney General WillIam Barr Begins Investigation Of Former FBI Boss James Comey With Everything Including Hillary Clinton On The Table

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by Geoffrey Grider James Comey’s planet is getting noticeably warmer. Attorney General William Barr’s emissions are the suspected cause. James Comey, a long time benefactor and protector of Hillary Clinton, is nothing if not smug and condescending. Worse than that, since the day that he allowed Crooked Hillary Clinton to walk free in spite of a … Read more

“New batch of HRC email investigation dropped in vault part 32.” (FBI.GOV) “Someone dropped the 302’s? Holy …”

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BREAKING: “New batch of HRC email investigation dropped in vault part 32.” (FBI.GOV) “Someone dropped the 302’s? Holy …” Rosie memos @almostjingo New batch of HRC email investigation dropped in vault part 32. 👀New batch of HRC email investigation dropped in vault part 32.https://t.co/BRnbWfNeLf — Rosie Memos (@almostjingo) May 7, 2019 Oh shit! It’s the … Read more

NBC: DOJ throws down gauntlet. Tells House Judiciary either cancel contempt vote or AG will recommend asserting exec privilege over the Mueller report and underlying docs

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NEW: DOJ throws down gauntlet. Tells House Judiciary either cancel contempt vote or AG will recommend asserting exec privilege over the Mueller report and underlying docs pic.twitter.com/jNhmOVklSk — Mike Memoli (@mikememoli) May 8, 2019 .@RepJerryNadler responds: "This kind of obstruction is dangerous. … In the coming days, I expect that Congress will have no choice … Read more

China tried to backtrack on “nearly all aspects of US trade deal”

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The diplomatic cable from Beijing arrived in Washington late on Friday night, with systematic edits to a nearly 150-page draft trade agreement that would blow up months of negotiations between the world’s two largest economies. The document was riddled with reversals by China that undermined core U.S. demands, sources told Reuters. U.S. President Donald Trump … Read more

TROUBLES: SALT LAKE TRIBUNE seeks to become nonprofit ‘community asset’

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After years of heavy financial losses, The Salt Lake Tribune is pursuing federal approval to become a nonprofit operation sustained by donations large and small. Owner Paul Huntsman, who bought Utah’s largest newspaper in 2016, confirmed his lawyers have approached the IRS about changing The Tribune from a privately owned business to a community asset. The … Read more

Want to Make Money? Work for Govt

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Which class of full-time, year-round American workers has the highest median earnings? Is it the class that works for private-sector employers? Is it the class that works for the government? Or is it the entrepreneurial class, those of whom employ themselves? According to the Census Bureau Personal Income Table 07 (PINC-07), the competition isn’t close. … Read more

Baltimore Computer System Crippled By Ransomware Virus; Residents Not Able To Pay Bills

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BALTIMORE (WJZ) — Baltimore City Hall government servers have been infected by a ransomware virus that government officials said is spreading throughout their network. Mayor Jack Young released a statement confirming the issue. “Baltimore City core essential services (police, fire, EMS and 311) are still operational but it has been determined that the city’s network has … Read more

THE INVISIBLE FIST: Federal Regulations Amount To A $15,000 ‘Hidden Tax’ On Families, Report Finds.

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via dailycaller: The federal regulatory apparatus imposed a roughly $14,600 “hidden tax” on American households in 2018, according to a report by the Competitive Enterprise Institute (CEI). “That amounts to 20 percent of the average pretax income of $73,573, and 24 percent of the average expenditure budget of $60,060,” CEI’s Wayne Crews wrote in his annual … Read more

Illinois could hike cigarette tax by $1-per-pack.

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Public health advocates and anti-smoking lawmakers hope aiming for smokers’ wallets can raise money and / or curb smoking. Senate President John Cullerton (D-Chicago) (pictured) joined medical groups for a news conference at the Capitol Tuesday to announce a proposal to increase the cigarette tax by a dollar a pack. “The governor’s proposal in cigarette … Read more

Texas Flooding and Tornadoes

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Worst of the flood so far https://abc13.com/weather/worst-of-the-flood-so-far/5289837/   The severe thunderstorms will be capable of producing large hail, damaging winds and tornadoes including a few strong tornadoes possible tonight while the heavy rain may be excessive at times and produce both flash and river flooding https://www.weather.gov IH-69 Eastex Freeway Northbound At SAN JACINTO RIVER 1 … Read more

If The Stock Market Is Falling This Much Already, What Is Going To Happen If There Is No Trade Deal With China By Friday?

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by Michael Snyder If negotiations between the Trump administration and the Chinese government do not produce a trade deal by Friday, it is going to be absolutely catastrophic for Wall Street.  On Tuesday, trade fears pushed the Dow Jones Industrial Average down 473 points.  It was the second-worst trading day of 2019 so far, and … Read more

Infuriating Democrats, Trump Plans To Redefine Poverty, Cutting Americans From Welfare

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via Zerohedge: The Trump Administration is looking into altering how it determines the national poverty level, which may put some Americans at risk of losing access to welfare programs, according to Bloomberg. The move might occur from changing how inflation is calculated in the “official poverty measure” according to a regulatory filing by White House Office of … Read more

What Would It Take to Spark a Rural/Small-Town Revival?

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by Charles Hugh-Smith There are many historical models in which the spending/investing of wealthy families drives the expansion of local economies. The increase in farm debt while farm income declines is putting unbearable financial pressure on American farmers, who must be differentiated from giant agri-business corporations. This is placing immense pressure on farmers, pressure which manifests … Read more

What Blows Up First? Leveraged Corporate Loans

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by John Rubino By now just about everyone understands what junk bonds are and why they matter. But there’s a non-publicly traded version of this kind of debt that’s also soaring and has recently caught the Fed’s eye. Called leveraged loans, these are loans made by banks to companies with weak balance sheets – defined … Read more

The State of the American Debt Slaves, Q1 2019

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter It’s a tough job, but someone’s doing it. Consumer debt – or consumer “credit” more euphemistically – includes auto loans, student loans, credit-card debt, and personal loans, but it excludes housing related debt, such as mortgages and HELOCs. Growing consumer debt helps prop up the US economy because it means that … Read more

WELL, THEY STILL HAVEN’T ACCEPTED 2016: Liberal Media Scream: Anti-Trump media fears he’ll never leave office… CNN panel discusses whether Trump will accept election defeat, ignores Hillary Clinton, Stacey Abrams.

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WELL, THEY STILL HAVEN’T ACCEPTED 2016: Liberal Media Scream: Anti-Trump media fears he’ll never leave office. Related: Honoring elections is no longer the Democratic Party way. During one of the debates between Hillary Clinton and Donald Trump during the 2016 election campaign, the Democrats became outraged when Trump said he might not immediately accept the election results should Clinton … Read more