by Martin Armstrong When the GAO report came out on the Quantitative Easing by the Federal Reserve, it uncovered a secret $16 trillion feeding tube from the Fed structured as revolving, low-cost loans to any bank (foreign or domestic) teetering on the edge. Amazingly, the audit showed the Fed started the loans in December 2007 – … Read more
by Simon Black Ten years ago, at the peak of the global financial crisis, the Board of Trustees which oversees Social Security in the United States issued a stark warning: They projected that Social Security’s enormous trust funds would completely run out of money in 2039. Naturally nobody paid attention. Back in 2009 the economy in … Read more
via nationalreview: Many working-class people have descended into what has been described as the “precariat,” a group of workers who have limited control over the length of their workday and often live on barely subsistence wages. Research reveals that 20 to 30 percent of the working-age population in the United States and the EU-15 (the 15 … Read more
via theverge: Snapstreaks, YouTube autoplay, and endless scrolling are all coming under fire from a new bill, which is sponsored by Sen. Josh Hawley (R-MO), targeting the tech industry’s “addictive” design. Hawley’s Social Media Addiction Reduction Technology Act, or the SMART Act, would ban these features that work to keep users on platforms longer, along with others, like … Read more
by Dr. Eowyn Yesterday, our DCG posted about the city of Baltimore, Maryland being infested with rats and rodents. Like the other failed cities of Los Angeles, San Francisco and Seattle, Baltimore is governed entirely by Democrats: Mayor Bernard “Jack” Young is a Democrat. All 15 members of Baltimore’s City Council are Democrats. But the problems of Baltimore are not new. In fact, nearly three years ago on … Read more
by Ron Paul Institute Yes, the harassment travelers in American airports are forced to undergo for security, or, as some people call it, “security theater,” can become worse. Travelers already arrive early to stand in long lines before having their carry-on baggage inspected and their bodies scanned by machines of questionable safety. In some cases, … Read more
by Lance Roberts In this past weekend’s newsletter, I discussed the rather severe extensions of the market above both the longer-term bullish trend and the 200-dma. To wit: There is also just the simple issue that markets are very extended above their long-term trends, as shown in the chart below. A geopolitical event, a shift in … Read more
Stem cell biologist Hiromitsu Nakauchi has been waiting for this moment for more than a decade. After years of planning, the persistent researcher has at last received approval from a government willing to pursue one of the most controversial scientific studies there is: human-animal embryo experiments. While many countries around the world have restricted, defunded … Read more
https://www.youtube.com/watch?v=872YQadARic DETAILS: https://on.rt.com/9z5h A recent survey has revealed that most Americans believe that the news media, more than any other institution, have a negative impact on their country – findings that are hardly surprising, according to media analyst Lionel.
From The Wall Street Journal: Borrowing by the federal government is set to top $1 trillion for the second year in a row as higher spending outpaces revenue growth and concern about budget deficits wanes in Washington and on Wall Street. The Treasury Department said Monday it expects to issue $814 billion in net marketable debt … Read more