Month: August 2019

By Patrick Watson The US economy grew at a 2.1% annualized pace in the second quarter, according to data released last week. That was better than economists expected but hardly impressive. Even President Trump recognized this, tweeting the growth rate was “not bad considering we have the very heavy weight of the Federal Reserve anchor wrapped around our … Read more

via WSJ: The Chinese Communist Party’s policies created tremendous economic imbalances, saddled China with debt, and bred suspicion and disillusionment among trading partners. Even before 2016, many observers believed China was headed toward stagnation. It’s against this context that the Trump trade policy has put such pressure on Beijing. The first wave of U.S. trade … Read more

Several high-profile Senate Democrats warned the Supreme Court in pointed terms this week that it could face a fundamental restructuring if justices do not take steps to “heal” the court in the near future. The ominous and unusual warning was delivered as part of a brief filed Monday in a case related to a New … Read more

Christopher Wagner laid out a simple scenario. “Imagine sitting around the dining room table before the first day of school and going over supplies,” he said. “Green is for math, red is for social studies, yellow is for grammar. And then saying, ‘This is a bullet-resistant backpack.’ I can’t fathom having a conversation with my … Read more

It does not matter who is president. It is the system that is broken. A car with a frozen steering wheel cares little about who is driving. It is continuing in the same direction irrespective. My only goal is to wake up the passengers. — John McAfee (@officialmcafee) August 12, 2019 They are taking us … Read more

via nationalreview: After the [assault-style weapons] ban was allowed to expire, experts were more or less unanimous that it hadn’t had a strong effect on overall homicides. Certainly there were fewer of the banned items in circulation than otherwise would have been the case, but the law’s definition of “assault weapon” focused on features that don’t … Read more

WINNOWING: Candidates scramble to qualify for third debate as deadline nears. Nine candidates have already qualified for the fall debates and two others are getting close, an analysis of fundraising and polling data by The Hill found. But for the other 13, the prospects appear increasingly dim. None have met the 130,000-donor benchmark set by the … Read more

The Trump Obsession Comes for California’s Water. Tomorrow, the Golden State’s Democrat-run, veto-proof legislature returns from its summer break and is expected to quickly take up S.B. 1, the “California Environmental, Public Health, and Workers Defense Act of 2019.” It has been proposed for one reason: Donald Trump is president. Under his administration, long-standing EPA regulations … Read more

Meanwhile the same Stalwart Media and FBI lament the “hyped-up political climate” THEY continue to fan in the hopes they can save the establishment crooks one more time. If the FBI and DOJ stop lighting political arson fires, and stop their media gaslighting, perhaps responsible persons can put the fires out. The FBI can start … Read more

The United States is learning much from the failed missile explosion in Russia. We have similar, though more advanced, technology. The Russian “Skyfall” explosion has people worried about the air around the facility, and far beyond. Not good! — Donald J. Trump (@realDonaldTrump) August 12, 2019 U.S. Officials Suspect New Nuclear Missile in Explosion That … Read more

by WSBConsensus So much for antitrust law

by 1-1-1-1-1-1-1-1-1-2 Banks announced a 30% chance of recession in the next 12 months. This number obviously is coming from their a**. Where do they get numbers like this? The yield curve inversion confirms a recession. Obviously by “increasing” the odds of recession to 30% they’re trying to get us to continue to baghold our shitty SPY … Read more

by Theorymeltfool1 Info on Jeffrey Epstein Well, first Epstein worked for a Ponzi Scheme for a few years in the 1980s, where he probably learned the ropes and started mingling with investors. Epstein left before it imploded, but he probably made millions during this time. Eventually, the Ponzi Scheme went bust and investors lost upwards of $450 … Read more

Verizon is set to sell the social network Tumblr to Automattic Inc, the owner of online publishing tool WordPress. A source familiar with the deal puts the price-tag “well below” $20 million, while another source puts it below $10 million. The big picture: Tumblr, while unprofitable, hosts more than 450 million blogs and was once considered … Read more

by u—wot—m8 In 2017, a Reuters poll showed that U.S flyers preferred cheap tickets over perks and comfort when traveling. Spirit Airlines is a small, but steadily growing ultra-low-cost airline that capitalized early on this trend by introducing “bare fares” and “no frill” flights, offering relatively cheap base rates for tickets, but charging extra for … Read more

(Bloomberg) — Suddenly, fears of a full-blown financial crisis in Argentina have once again come rushing to the fore. In the wake of President Mauricio Macri’s stunning rout in primary elections over the weekend, investors dumped its stocks, bonds and currency en masse in a selloff that left much of Wall Street wondering whether the … Read more