Impeachment = reform of our antique political system

by Fabius Maximus Summary: For a minute forget the personalities and politics of Trump vs. Democrats, and look at this as a historical evolution. Impeaching Trump is a step towards reforming America’s 18th-century constitutional regime, making it more like modern parliamentary systems. The occasional impeachment of Presidents would make Congress into the power center the Founders … Read more

E-Trade drops commissions on trades, joining Schwab, TD Ameritrade in brokerage fee war

via CNBC: E-Trade is getting rid of commission fees on U.S. stock, ETF and options trades. The move comes within a week of Interactive Brokers, Charles Schwab and TD Ameritrade all dropping their commission fees. E-Trade estimates a quarterly revenue impact of $75 million from dropping fees. Retail brokerage firm E-Trade announced Wednesday it will drop commission … Read more

Peter Schiff: The Party Is Over

Via SchiffGold.com, As Peter Schiff put it in his podcast, if the first trading day of the fourth quarter was a sign of things to come, bulls on Wall Street are in for a rough end to the year. In fact, Peter said the party is over and you don’t want to be the last one to … Read more

Nearly $100 billion in one day

by SP The Daily History of the Debt Results Historical returns from 09/15/2019 through 09/30/2019 The data for the total public debt outstanding is published each business day. If there is no debt value for the date(s) you requested, the value for the preceding business day will be displayed. ( Debt Held by the Public vs. Intragovernmental Holdings ) … Read more