FEDERAL REGULATIONS AMOUNT TO A $15,000 ‘HIDDEN TAX’ ON FAMILIES, REPORT FINDS

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 Ten … Read more

Vancouver Housing Bust Steepens, Bank of Canada Welcomes “Froth” Coming Off

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “It is their interaction with froth that matters most. How much a housing market adjusts depends on how much froth there is”: Poloz Across Greater Vancouver, British Columbia, sales of all types of homes so far this year through April plunged to 6,212 homes, the lowest count since 1986, as the … Read more

Republican WARNS Of Civil War… Democrats Pass Tyrannical Bill HR 1 To Make Sure Republicans Can Never Win An Election Again

Very interesting video.   Today, House Democrats passed H.R. 1, the Democrat Politician Protection Act, on a party-line vote. Here’s why that’s bad news for American democracy: watch the Video Today, House Democrats passed H.R. 1, the Democrat Politician Protection Act, on a party-line vote. Here’s why that’s bad news for American democracy: pic.twitter.com/y0IpGleXOp — … Read more

Environmental Apocalypse: Up To 1 Million Species Are At Risk Of Extinction According To A Shocking New UN Report

by Michael Snyder Our planet is dying.  According to an absolutely stunning 1,500-page UN report that was just released, we are about to see plant and animal species go extinct on a scale that is hard to imagine.  This report was spearheaded by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, and it was … Read more

Best Investment and Trading Plan for Making Profit

Investments and business plans greatly depending upon the skills and the affordability of the initiators. Investment cannot be done without proper planning and marketing surveys. Experiences and wise person always think before and sort out best plans that can be effective to earn business incomes. Trading of any business also requires great home work and … Read more

The Dow Made A Miraculous 400 Point Recovery, But Now Renewed Trade Fears Are Sending Markets Plunging Once Again

by Michael Snyder If your head is spinning from the wild fluctuations that have shaken global financial markets, you are definitely not alone.  On Sunday, President Trump angrily threatened to hit China with enormous new tariffs, and it looked like hopes for a trade deal between the United States and China had collapsed.  Overnight, Chinese stocks … Read more

Manufacturing and Services Out of Sync, Not Just in the US

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Goods producing economy suffers globally. Services expected to keep it all taped together. “There remained notable differences in performance between the manufacturing and services sectors. Whereas manufacturing production fell for a third successive month, service sector growth was sustained at a solid, albeit slower, rate” – so the IHS Markit Composite PMI this … Read more