Month: November 2019

No more memes in California

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by d0ugh0ck California’s AB 730 will be misused against meme makers and is Unconstitutional. Similar unfounded fears were made against Photoshop’s potential to make photographic evidence obsolete. California made it illegal to create or distribute “deepfakes” in a move meant to protect voters from misinformation but may be difficult to enforce. California’s governor, Gavin Newsom, on … Read more

Corporate debt nears a record $10 trillion, and borrowing binge poses new risks… More than half of all BBB debt would have a junk rating based on leverage alone.

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https://www.washingtonpost.com/business/economy/corporate-debt-nears-a-record-10-trillion-and-borrowing-binge-poses-new-risks/2019/11/29/1f86ba3e-114b-11ea-bf62-eadd5d11f559_story.html Little more than a decade after consumers binged on inexpensive mortgages that helped bring on a global financial crisis, a new debt surge — this time by major corporations — threatens to unleash fresh turmoil. A decade of historically low interest rates has allowed companies to sell record amounts of bonds to investors, sending … Read more

Recession … China Business edition

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#recession … China #Business edition "Sales managers at Chinese companies reported the worst conditions on record""All gauges for manufacturing dropped from recent months, suggesting widespread problems""China's factory deflation continued and deepened for the fifth month" https://t.co/QaasOUXYbd — Invariant Perspective (@InvariantPersp1) November 30, 2019 Did some simple event analysis yesterday, and looks like a no. 👇 … Read more

And now we know why the Fed launched QE4…

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…and now we know why the fed launched qe-4 pic.twitter.com/KBnXMnC0ji — Alastair (@StockBoardAsset) November 29, 2019 junk bonds are warning there's trouble ahead pic.twitter.com/sU578On3jJ — Alastair (@StockBoardAsset) November 29, 2019 What if the consumer turns out to be weak during this holiday spending period? oops! — Alastair (@StockBoardAsset) November 29, 2019 oops pic.twitter.com/StSchSuCVl — Alastair … Read more

RT has a pro Russian bias. But it’s important to read coverage from multiple news sources if you want to get a broader perspective and more balanced opinion.

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Crossposted from r/antiMSM where mod Ian56 gave the following comment to support his position. There is more truth on RT every week, than the entire combined total of NYT, WaPo, CNN, Fox News, MSNBC, BBC, ABC, CBS, huff Post, Politiico, Buzzfeed, LA Times and every other Corporate or Oligarch owned Western propaganda rag for the last 30 … Read more

Suspicious Circumstances around the London Bridge Terrorist Attack. The attacker was previously known to MI5 and carried out the attack a few days before a General Election – just like June 2017

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by Ian56 See the bottom of the article for an important last minute update on the BBC, Boris Johnson and the UK election. The terrorist was previously known to MI5, having previously been released from jail for committing terrorist offences. Rehabilitation gone wrong or MI5 asset flipping out? London police confirm attacker’s ID, terrorism conviction … Read more

Socialist Seattle council member whines that massive budget isn’t enough to address racism

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by DCG Socialist Kshama Sawant This past week the Seattle City Council passed a $6.5 BILLION budget. With a population of approximately 745,000 that equates to a little over $8,700 taxpayer dollars to be spent per citizen. Ballotpedia cites an April 2015 study which found that the country’s 100 largest cities by population spent an average of $2,605 per citizen in the most recent fiscal … Read more