Month: June 2019

This article was originally published at Zero Hedge Just one month after conducting joint military exercises, Russia and China are set to sign an agreement which would boost the use of their national currencies in bilateral and international trade in an attempt to mmove away from the current dollar-denominated financial system, according to Russian state-owned news outlet TASS. It … Read more

by Michael Snyder If the U.S. economy was heading into a recession, we would expect to see a slowdown in the employment numbers, and that is precisely what is happening.  According to payroll processing firm ADP, the U.S. economy only added 27,000 new jobs in May, and that is way below the number that is … Read more

Authored by Orphe Divounguy, Bryce Hill, Suman Chattopadhyay via IllinoisPolicy.org, In the past 30 years, just one U.S. state has adopted a progressive income tax: Connecticut. It made the switch from a flat income tax in 1996, phasing in the progressive income tax over three years. The results were disastrous. And they should halt, or at least caution, Illinois … Read more

via Zerohedge: DC Solar was once the “business” that allowed Jeff Carpoff, his friends and business associates to live the high life, according to Bloomberg. Unfortunately, as Warren Buffett found out the hard way, it was all one big “ponzi type scheme”. The company’s purported business of making mobile solar generators was so good that it even enticed Warren Buffett’s … Read more

by Charles Hugh-Smith There are two other trends that don’t attract quite the media attention that soaring profits do. Is the decade-long tech bubble finally popping? Tech bulls are overlooking the fundamental reality that the drivers of Big tech’s phenomenal growth–financialization and expansion into mobile telephony– are both losing momentum. A third dynamic–Big Tech monetizing privately … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “When times are tough, the thinking switches to the short-term. Many fleets are just fighting for survival.” Orders for Class-8 trucks – the heavy trucks that haul a large part of the goods-based economy across the US – plunged by 71% in May compared to May last year, to — as FTR … Read more

by visualcapitalist China’s economic surge is one of the biggest stories of the 21st century. Hundreds of millions of people have been lifted out of poverty, and China’s swelling middle class has attracted the interest of Western companies. As many American companies have discovered, doing business in China is far from straightforward. Recent history is littered … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The “yeah but” shows up again. The services sector, which accounts for about 70% of the US economy – the biggest segments being finance and insurance, healthcare, professional services such as architects, engineers, and lawyers, and information services such as telecom and data processing – has been growing at a fairly … Read more

via Zerohedge: Democratic Illinois governor J.B. Pritzker thinks that the solution to fixing Chicago’s struggling, blood-soaked streets is legalizing marijuana state-wide and opening a giant casino in Chi-Town, according to Bloomberg. “We’re putting our fiscal house in order,” said Pritzker in a Tuesday interview. “Nothing’s going to be fixed overnight, but we’ve made significant progress. And honestly, I really believe that we … Read more

Kier shares are one of the biggest holdings of Woodford Equity Income fund. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. UK construction and services giant Kier Group, with 20,000 employees, is on the ropes after issuing a profit warning, amid worries about its debt, that sent its shares spiraling down 40% on Monday … Read more

via Zerohedge: As we’ve previously explained, Nancy Pelosi has been desperately searching for an excuse to avoid starting impeachment proceedings against President Trump (that is, until Dems are certain they have the popular political support to justify trying to remove him from office). Earlier this week, the Speaker of the House added what we saw as a novel … Read more

https://www.youtube.com/watch?v=UFH0eYZBTeA Jim Hoft from The Gateway Pundit reports, Well that was foolish. Former Colorado Governor John Hickenlooper spoke Saturday at the annual California Democratic Convention. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…

https://www.youtube.com/watch?v=ssprutnVZRE 100 % Fed Up reports, Two veterans who live in Alexandria Ocasio-Cortez’s district in the Bronx had a private meeting with her but got sick of the Trump and USA bashing, so they walked out of the meeting. Read More/Source/Credit/FairUse: https://100percentfedup.com/veterans-…

UPDATE: The Mass Censorship has dramatically escalated after the publishing of this video. Stay Tuned For An Update at Youtube.com/Timcastnews at 6pm Mass Censorship Hits Youtube In Wake Of The Vox Steven Crowder Battle. Following Youtube’s defense of Steven Crowder they announced a mass purge of content as well as the restriction of ‘borderline’ content … Read more

by Kimble Charting Is Gold finally about to break out from a 5-year bullish ascending triangle pattern? We will find out very soon! The price action of Gold since 2014 looks to be a series of flat tops and rising bottoms. It could be forming what is called a “Bullish Ascending Triangle” which is highlighted in blue at (1). Two-thirds … Read more

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https://www.youtube.com/watch?v=eLA4IockOdE

  The SECURE ACT promises to be a piece of legislation to help retiree’s. Sounds innocent enough right? Buried in this bill might be the largest stealth tax increase in congressional history… and no one is talking about it. To learn what the heck I’m talking about please either watch the video or listen to … Read more

I Love My Freedom reports, House Intelligence Committee Chairman Adam Schiff admitted defeat over the weekend, and his impeachment plan for President Donald Trump may have just crashed and burned for good. https://www.youtube.com/watch?v=Zx0GeDsFu9g Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/adam-schif…    

by TFittonJW   The process is well underway…. Judicial Watch announced today that it signed a settlement agreement with the State of California and County of Los Angeles under which they will begin the process of removing from their voter registration rolls as many as 1.5 million inactive registered names that may be invalid. These removals are … Read more

via @NickMiroff: 144,258 apprehensions plus inadmissibles, up 32 percent from April More than 100k were families or children 680k processed during first 8 months of FY19 There it is 132,887 Border Patrol apprehensions in May Of those: 84,542 family unit members 11,507 unaccompanied children 36,838 single adults https://www.cbp.gov/newsroom/stats/sw-border-migration … “We are in a full-blown emergency, and I … Read more

via silverdoctors: https://media.blubrry.com/silverdoctors/s/content.blubrry.com/silverdoctors/3ReasonsHousePricesMustComeDownJune5th2019-Silver_Doctors_Live_on_Air_.mp3 Podcast: Play in new window | Download Subscribe: Apple Podcasts | Android | Email | Stitcher | RSS Are housing prices coming down, or will housing prices just keep on rising? Here are three super simple reasons that say prices MUST come down… Editor’s Note: Housing is only one of the topics we covered in today’s show, but since we feel this information is very … Read more