Month: May 2019

Credit Card Charge-Offs Hit The Highest Level In Nearly 7 Years And Credit Card Delinquencies Hit The Highest Level In Almost 8 Years

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by Michael Snyder When people are having a harder time paying their bills, that is a signal that the economy is slowing down.  This is something that we witnessed back in 2008, and it is something that is happening once again right now.  Credit card charge-offs at major U.S. banks haven’t been this high since … Read more

Top U.S. Officials Gather To Discuss “Military Options” In Venezuela As Russia Warns Of “Grave Consequences” If America Invades

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by Michael Snyder On Wednesday afternoon, senior U.S. officials gathered at the White House to discuss possible military options for Venezuela.  Meanwhile, the Russians are warning of grave consequences if the U.S. invades, and so the stage is being set for a potential showdown between the world’s two foremost military powers.  Previously, administration officials had … Read more

Hillary Clinton WON’T STOP WHINING About Russia Hoax, Instead Gives Dems STUPID Advice

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Cristina Laila from The Gateway Pundit reports, Bill and Hillary Clinton sat down Saturday night for a discussion with comedian Jordan Klepper in Washington D.C. as part of their highly unsuccessful “An Evening with the Clintons” tour. As expected, Hillary Clinton blamed Vladimir Putin and the Russians for her 2016 election loss. https://www.youtube.com/watch?v=UjvfQSgq_Rc Read More/Source/Credit/FairUse: … Read more

Five “Must-Develop” Habits to Gain More Control Over Your Retirement

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From Birch Gold Group With an uncertain economic outlook in the U.S., it’s important that you obtain as much control over your retirement as possible. It’s important because the Fed appears to be ignoring big economic red flags, corporations are buried in debt, and the overall “script” seems eerily similar to the Great Recession of 2008. To help you gain more control over your retirement … Read more

The Socialist Formula: Talk About Equality, Rob The Country Blind And Get Rich, Leave Poverty And Misery Behind.

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The Economics of Tyranny in Venezuela. Venezuela is a human catastrophe. The evidence is brutally visible and can no longer be explained away by apologists for tyranny. So many people enamored with long-debunked theories had high hopes that for Venezuela — despite the enormous historical and empirical evidence to the contrary — the promise of … Read more

Holy Eye-Roll Batman! AOC will become a ‘sassy superhero’ in new comic book and the Jokes write themselves.

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via twitchy: As Brandon Morse of RedState notes, “The Ocasio-Cortez Comic Has a Very Disturbing Depiction of Nancy Pelosi.” And someone obviously based on Dana Loesch, complete with “NRA” emblazoned in red on her black costume. Curiously though, while Pelosi is “supposed to be a good guy, and she looks creepy as hell…Loesch is supposed to be … Read more

Construction Spending Turns South, Driven by Big Drops in Residential & Retail

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But other construction segments are hot. Residential construction is starting to make folks nervous. Total residential construction spending – 99% is “private” rather than “public” 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, … Read more

Biden Vows To Return Nation To Era When Press Didn’t Bother Reporting On President’s Scandals

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Via The Babylon Bee WASHINGTON, D.C.—Speaking on The View, presidential candidate Joe Biden promised to bring the nation back to an era when the media pretended the president didn’t have any scandals. Biden pointed out that nowadays there’s a new presidential scandal every day on the news, some real, some invented. “Back when I was in office, … Read more

BUSTED: Watch Ben Rhodes (Obama’s Deputy Of National Security) Squirm When Asked If Obama Was Involved In FBI Investigation Of Trump

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In the aftermath of the final Mueller report release, Ben Rhodes, Former Deputy National Security Advisor to President Obama, speaks about the Christopher Steele dossier and the origins of the Trump campaign and Russia collusion investigation. Rhodes said U.S. Attorney General Bill Barr and the Justice Department “will find nothing” that shows former President Obama … Read more

Japan Goes Against Globalists..Refuses To Take In Refugees; Says It Must Take Care Of It’s Own Citizens

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UNITED NATIONS – Japan’s prime minister said Tuesday that his nation needs to attend to its own demographic challenges posed by falling birth rates and an aging population before opening its doors to refugees. Prime Minister Shinzo Abe announced at the U.N. General Assembly that Japan is ramping up assistance in response to the exodus … Read more

The Consumer Potential of Retail Cannabis

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by visualcapitalist “Eat, drink, and be merry” is becoming an increasingly common mantra for cannabis consumers. It’s also a refrain that speaks the evolving demand picture for cannabis in a post-legalization environment, as it becomes clearer what products consumers want to see coming from the sector. Today’s infographic comes to us from The Green Organic Dutchman, and … Read more

Here’s the One Word from Jerome Powell That’s Raising Their Eyebrows

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Fed Chairman Jerome Powell described low inflation as likely “transitory,′ not ’persistent.” Powell, speaking after the Fed’s meeting, said the central bank would consider policy moves if inflation was persistently low. The markets have been pricing in a Fed rate cut, and Powell’s comments suggest the Fed is not considering a cut at this point. … Read more