UNINTENDED CONSEQUENCES: Congress’ awful anti-sex-trafficking law has only put sex workers in danger and wasted taxpayer money.

via businessinsider:   Three months after the bill’s passage, the sponsor of the bill, Rep. Ann Wagner of Missouri, said, “We have shut down nearly 90% of the online sex-trafficking business and ads.” The Washington Post fact-checked this claim and gave her three Pinocchios. Among other issues with her comment, most of the decline in sex-work … Read more

Trump Campaign Staffer Claims ‘TWITTER IS LYING,’ Says President Never Tweeted ‘Go Back’ To House Democrats

Matt Wolking ,Deputy Director of Communications at Donald J. Trump for President, Inc., claimed Sunday afternoon that Twitter was “lying” and that President Donald Trump had not, in fact, suggested just hours earlier that several progressive House Democrats should go back to their “crime infested” countries of origin. Trump administration critics immediately called out what … Read more

HELL: Endless Traffic, Mass Confusion, Ride-Share Creating Chaos At LaGuardia Airport

NEW YORK (CBSNewYork) – A multi-billion dollar construction project at LaGuardia Airport is causing more than a minor inconvenience. Many travelers have to take another trip before they head home and many are now complaining of price gouging. On the Sunday night after July 4th, frustrated passengers fresh off a flight thought the long line outside … Read more

Billionaire investor Peter Thiel reportedly says the FBI and CIA should investigate Google who he believes have been infiltrated by Chinese intelligence at the highest levels

https://www.youtube.com/watch?v=5IcXHaOZcUw Peter Thiel says FBI, CIA should probe Google Peter Thiel, billionaire investor and Facebook board member, on Sunday night said that Google should be federally investigated for allegedly aiding the Chinese military. Why it matters: Thiel is the tech industry’s highest-profile Trump supporter, and one of the most powerful players in Silicon Valley. Thiel spoke … Read more

Epstein and the Explosive Crisis of the Deep State

by Charles Hugh-Smith Since the battle is for the legitimacy of the state, it must be waged at least partially in the open. Speculations by outsiders must give Deep State insiders many opportunities to chuckle, “if only they knew.” We don’t know, of course, and public leaks are engineered to misdirect our attention from what’s actually … Read more

Food Shortage Warnings Are Already Starting To Appear, And Now Tropical Storm Barry Is Going To Rip Through America’s Heartland

by Michael Snyder The middle of the country has been relentlessly hammered by endless rain and unprecedented flooding for months, and now it is about to be absolutely pummeled by Tropical Storm Barry.  Needless to say, this is going to cause even more headaches for Midwestern farmers.  At this point, millions of acres of prime … Read more

The Number Of Global Earthquakes Is 3 Times Above Normal – 6.1, 6.6, 7.3 + Dozens More Hit The Ring Of Fire Over The Last 48 Hours

by Michael Snyder Within the last 48 hours we have seen large earthquakes going off like firecrackers all along the Ring of Fire.  As you will see below, a magnitude 6.1 quake just hit Japan, a magnitude 6.6 quake just hit Australia and a magnitude 7.3 earthquake just hit Indonesia.  And of course all of … Read more

THE WOLF STREET REPORT: The Victims of Inflation

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Beatings Will Continue Till the Mood Improves, or Something. The media and the Fed make it sound like inflation is inherently good. That’s how the media pitch it to regular folks — that the Fed is heroically trying to make sure everyone gets enough of it. (10 minutes)    

The US Housing Bust In 20 Charts

via Zerohedge: In “Where The American Dream Goes To Die“, we published some of the most recent, concerning observations on the current state of the US housing market. Now, courtesy of Deutsche Bank, for our lazier readers, here is a visual recap of the recent turning point in US housing, in which DB’s Torsten Slok … Read more

Rachel Chandler Still Working W/ Epstein’s Modeling Agency MC2 Accused In Court of Procuring Children For Elites

Rachel Chandler: Epstein victim, turned skeezy famous photographer, photographed with Bill Clinton High fashion W Magazine article “16 Models to Watch According to Rachel Chandler” Picture #4/16 and 13/16 Says the models are from MC2 MC2 modeling agency is all wrapped up in Epstein’s scandals…and now its connected to none other than Rachel Chandler. Article … Read more

Housing prices have far outstripped wage growth and rental prices. Something has to give. So it will.

via mishtalk: Every month I am amused by the comments from NAR chief economist Lawrence Yun regarding housing fundamentals, especially job growth. Forget about strong jobs. Toss Yun’s views in the ashcan. Compared to wage growth, homes are nearly as unaffordable now as they were at the peak of the housing bubble. That’s without factoring in … Read more

The bull market that began on March 9, 2009 is now 3,777 days old. Need 717 more days to top the longest bull ever (1987 – 2000). $SPX

The bull market that began on March 9, 2009 is now 3,777 days old. Need 717 more days to top the longest bull ever (1987 – 2000). $SPX (note: bull defined as >20% advance that continues until >20% decline occurs, closing prices only, not total return.) pic.twitter.com/cFv2omWaFd — Charlie Bilello (@charliebilello) July 13, 2019

For those who “can’t see the recession”…

For those who "can't see the recession", it's illustrated for you in this chart. The NY Fed model now pegs recession risk at 32.9%, a 12-year high. History shows there's no turning back at this level. pic.twitter.com/hUteBhNOzr — David Rosenberg (@EconguyRosie) July 8, 2019 Class 8 Truck orders have collapse to 2008 financial crisis levels … Read more

California: Here Be Monsters.

● Sacramento County Says It’s Illegal to Work on Your Own Car in Your Own Garage. —Jalopnik, July 3rd. ● “In a bizarre stunt Friday, an elf-costumed real estate developer threw money at residents of a homeless camp in California in an effort to entice them to leave.” —Fox News, yesterday. ● How California’s Housing Crisis Could Hit … Read more