Photo by Flickr.com | CC BY | Photoshopped From Birch Gold Group Over the weekend, an oil field and oil processing facility in Saudi Arabia was attacked by hostile drone technology. The damage knocked out 5.7 million barrels of daily crude production, which is 50% of the kingdom’s oil output and 5% of global production. After the attack, conflicting reports … Read more
https://twitter.com/zck/status/1173773204550062082 Low income New Yorkers vote for Leftists same as high income New Yorkers. Standard Pottery Barn rules apply: you broke it, you bought it. AC
by visualcapitalist In an attempt to imbue trust, China has announced a plan to implement a national ranking system for its citizens and companies. Currently in pilot mode, the new system will be rolled out in 2020, and go through numerous iterations before becoming official. While the system may be a useful tool for China to … Read more
via Twitter: .@SenWarren zings … men: “We’re not here today because of famous arches or famous men. In fact, we’re not here because of men at all.” pic.twitter.com/CE2pjR1Xyk — Tom Elliott (@tomselliott) September 18, 2019 h/t GR
via Twitter: Translation: There's too much competition for us to enroll enough US students, our budgets are so bloated we have to have more of the higher-paying foreign students, and we need the uncapped cheap guest workers so we can lay off US workers. https://t.co/UEJAUNW3ZP — Jessica Vaughan (@JessicaV_CIS) September 18, 2019 Something that ticks … Read more
via realclearpolitics: If Democratic Party leaders aren’t re-watching last week’s debate in Houston, they should. If they have watched it and aren’t freaking out over what they see, it’s fair to ask whether they actually want Donald Trump to win a second term. That session was a debacle for the party and the field: Nearly three … Read more
Reverse-repo is an agreement used by businesses and banks, such as the Federal Reserve, as temporary lending to fund operations. Meanwhile, the Federal Reserve uses reverse-repo to control the money supply for the nation. In other words, a repo is an agreement between the Federal Reserve and investors, where the investor agrees to purchase securities—United … Read more
Rep. Shiela Jackson Lee (D-Texas) said members of the House of Representatives would have to start “flooding” the Senate in order to get gun control measures passed. “I don’t know what else it takes but I don’t believe we can stop at the door of the United States House. I believe there will have to … Read more
via freedomstripes: On Tuesday the impeachment proceedings commenced where Corey Lewandowski was called to testify in front of the house judiciary committee. The republican representatives at the hearing were fed up with Jerry Nadler and they were not shy to go after him at the hearing. Rep. Doug Collins, the ranking member of the House Judiciary … Read more
via ft: Pressure is mounting on the Federal Reserve to ease the strain on US money markets after the central bank was forced to intervene on Thursday for the third time using a type of operation it last resorted to during the financial crisis a decade ago. Explainer: The Fed has a repo problem. … Read more
https://www.theepochtimes.com/the-fed-announces-second-rate-cut_3087081.html
In Whiplash Moment, Democrats Are Now Backing Away From Kavanaugh Allegations. WASHINGTON – In a head-spinning few days, Republicans have moved into a full offensive posture over the latest allegations against Supreme Court Justice Brett Kavanaugh, leaving congressional Democrats in a defensive crouch as they try to change the subject. Tuesday’s dueling news conferences, led … Read more
Industrial production, which measures industrial output grew at 4.4 per cent last month, down from 4.8 per cent in July and the lowest growth since February 2002 Retail sales, a key metric of consumption in the world’s most populous nation, grew by 7.5 per cent, below analysts’ forecasts China’s industrial engine continued to stutter in … Read more
by AssuredlyAThrowAway Due to the rapid pace of the modern 24/7 news cycle, one of the most difficult aspects of documenting how propaganda functions within that sphere of information is simply keeping track of how narratives are presented on a given topic across a large array of legacy media sources. To that end, this will … Read more
The informative part starts at 4:20. h/t DS
Get ready Entire GM hourly work force being thrown under a bus The steam roll has started Get ready The storm has begun https://nbc25news.com/news/local/nexteer-informs-uaw-of-layoffs-due-to-gm-strike AC
More than eight years after the Fukushima nuclear disaster, a Japanese court has cleared three former executives of the firm operating the plant of professional negligence. It was the only criminal case to arise out of the disaster, which was the worst since Chernobyl in 1986. In 2011 a plant operated by Tokyo Electric Power … Read more
via silverdoctors: Editor’s Note: Daughter’s name changed back to real name as requested by the 14 year-old. ***** “Dad, did you read the email I sent you”? No, who has the time to check personal email these days? “Well, just read it, I wrote it in school, and it’s a persuasive essay. Tell me what you … Read more
By David Stockman decline substantially. Mos
Discover the options beyond this circle of traditional investment vehicles (Source: Pixabay.com) When most people think about an Individual Retirement Account (IRA), the assets that first come to mind include stocks, bonds, money markets, mutual funds, CDs and annuities. There are, however, many more options beyond this circle of traditional investment vehicles. While there’s nothing … Read more
Prime Minister Benjamin Netanyahu’s main election challenger, centrist party chief Benny Gantz, said on Wednesday (September 17) it appeared from exit polls that the Israeli leader was defeated but that only official results would tell. https://www.reuters.com/video/2019/09/18/netanyahus-rival-gantz-says-it-appears-p?videoId=601747698 Netanyahu lost Israeli vote, but Palestinians were bound to lose whoever won (by George Galloway) https://www.rt.com/op-ed/469077-netanyahu-election-israeli-palestinians/ How Netanyahu lost … Read more
by Michael Snyder What in the world is the Federal Reserve doing? For months the Fed has been trying to publicly convince us that the U.S. economy is “strong”, and Fed Chair Jerome Powell recently unequivocally stated that “the Federal Reserve is not currently forecasting a recession”, but the Fed’s actions tell a completely different story. … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The Fed has different priorities than the ECB, the Bank of Japan, the Swiss National Bank, et al. During the press conference today following the FOMC meeting, Fed chair Jerome Powell was asked if and when the Fed would push its policy interest rate into the negative. Powell did not respond … Read more
