How US media is destroying itself w/ Russiagate dud

https://www.youtube.com/watch?v=eSYRHhlIW2c Ratings for Fox News have flattened over the past year and CNN and MSNBC have seen their ratings plummet 26 percent and 14 percent, respectively. Rick Sanchez explains what establishment media missed in its near-exclusive emphasis on its years-long “Russiagate” narrative. https://www.youtube.com/watch?v=QFseDjkOruA&t=1s RT America’s John Huddy joins Rick Sanchez to report on the collapse … Read more

What is the state of journalism in America?

https://www.youtube.com/watch?v=QFseDjkOruA RT America’s John Huddy joins Rick Sanchez to report on the collapse of the FCC’s “Fairness Doctrine” and the concentration of news media in fewer and fewer hands. The result has been a decay of journalistic standards, politicization of the news, and the ascent of agenda-driven programming.  

I Dare You To Tell Me The Economy Is “Booming” After Reading This List Of 19 Facts About Our Current Economic Performance

by Michael Snyder After taking an honest look at the facts, I don’t know how anyone can possibly claim that the U.S. economy is “booming”.  I really don’t.  We hear this sort of rhetoric from the mainstream media all the time, but it doesn’t make any sense.  As I discussed yesterday, nobody should be using the … Read more

Shocking New Study Finds That 137 Million Americans Suffered “Medical Financial Hardship In The Past Year”

by Michael Snyder The healthcare system in the United States is deeply broken, and it is causing massive financial pain for millions of American families.  Previously, I have published articles where I talked about how medical bills are the primary factor in two-thirds of all personal bankruptcies in the United States, and that Americans had to … Read more

Update on the Less-Splendid Housing Bubbles & Crushed Markets in America

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter House prices set post-collapse record in Miami, flatten out in Las Vegas, Phoenix & once red-hot Charlotte, linger below Oct 2018 levels in Washington, DC & Chicago. Cincinnati & Detroit in a show of their own. On one side, there are “The Most Splendid Housing Bubbles in America” – the San … Read more

Why do stock market corrections happen, and how often does a correction turn into a bear market?

by visualcapitalist Markets are rarely a straight march forward. Even though the end destination is usually a bullish one, markets often take a far more scenic route to get there. Sometimes that means going off the beaten path, and other times it may mean taking a step directly backwards to get reoriented. In investing parlance, the … Read more

Is The Media Driving America Insane?

Authored by Jeff Charles via Liberty Nation, Americans are more depressed than almost anyone in the world – and we may have the media to thank… Here’s a conundrum for you. Would it be possible for citizens of the strongest, wealthiest, and freest country in the world to have stress levels higher than those of the … Read more

Interest Rates: Why the Fed is Cowering

By Harry Dent The Fed left interest rates unchanged, again. I’m not surprised… But many pundits are wondering if this is Powell kowtowing to The Donald… I can see why they might think that… Do you remember the Alien movie franchise with Sigourney Weaver? Remember how the baby aliens rips through its host’s stomach as it’s born? And … Read more

Congress Wants To Fix Social Security By Increasing Benefits?

by Dennis Miller Politicians of all flavors continually remind us social security is in danger of going bankrupt. Now our esteemed leaders want to fix it by increasing benefits. What could possibly go wrong? Newsmax Finance reports on a recent interview with former fed head (Big Al) Alan Greenspan: (my emphasis) “Former Federal Reserve Chairman Alan Greenspan warns … Read more

Trump Puts Renowned Paper Salesman Dwight Schrute In Charge Of Choosing Nation’s Healthcare Plan

Via The Babylon Bee WASHINGTON, D.C.—President Trump has come out swinging against Democrats’ accusations that he’s weak on healthcare. Trump has selected a star paper salesman from Scranton, Pennsylvania to choose a good healthcare plan for the nation: Dwight Schrute. Despite a few scandals, including firing a loaded gun in a workplace and intentionally starting … Read more

Confusing “Conservative” With Fake

by CG The once revered Poynter Foundation, which stood as a pillar of journalistic integrity has fallen hard, after they issued today a list of untrustworthy or “fake” news sites and included The Daily Signal, which writes straight and factual news of interest to conservatives. (Disclosure: I serve as their outside Media Law adviser). The Daily Signal is … Read more

CVS Pharmacy Closing 46 Locations

CVS Health is closing 46 of its stores, saying the locations were “underperforming” as the drugstore chain continues to shift more of its retail presence toward health care services. The move cost CVS about $135 million as a “store rationalization charge” in its first-quarter earnings report. The cuts represent fewer than 1% of the about 9,600 … Read more

China is mining intelligence from an estimated 23 million records of American federal workers, including intelligence and security personnel, stolen in cyberattacks against the Office of Personnel Management.

The office is the repository of federal government personnel records, including social security numbers and documents known as SF-86s that contain personal information about people who apply for security clearances. Counterintelligence officials for the past two years have reviewed the entire federal records archive, totaling 5 million gigabytes of data, and have begun assessing the … Read more

Everything Old Is New Again

Journalist: Biden campaign physically blocking press. A freelance journalist said Wednesday he and several reporters have had negative interactions with Joe Biden’s 2020 campaign staff in recent days. Marcus DiPaola described via Twitter several instances in which he said reporters had been physically blocked from covering the former vice president while the 2020 presidential hopeful is in … Read more

Construction Spending Heading South—Housing Down 11% Since April 2018 Peak… Mortgage Refis In Biggest Crash Since 2013

By David Stockman   Total residential construction spending dropped 8.4% from a year ago, the sixth month in a row of year-over-year declines, to a seasonally adjusted annual rate of $507 billion, according to the Census Bureau this morning. This was down 11% from the peak in April 2018.   https://wolfstreet.com/2019/05/01/construction-spending-at-risk-housing-retail-sag/   The party’s over. Despite a reversal … Read more

Dee Carter – Is Government the Biggest Economic Threat?

from Financial Survival Network Financial advisor Dee Carter returns… Forty-four percent of Americans say the political environment in Washington is the biggest threat to the U.S. economy over the next six months, according to a new Bankrate.com report. This is more than three times the amount who cite terrorism or political/economic developments overseas, the next most popular choices … Read more