Month: September 2020

President Trump announces additions to his list of potential SCOTUS nominees, including Sens. Tom Cotton, Ted Cruz, and Josh Hawley (Video)

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BREAKING: President Trump announces additions to his list of potential SCOTUS nominees, including Sens. Tom Cotton, Ted Cruz, and Josh Hawley pic.twitter.com/wPlSAWEQkH — Daily Caller (@DailyCaller) September 9, 2020 https://twitter.com/amber_athey/status/1303783421345509377?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1303783421345509377%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Fthedonald.win%2Fp%2FHEgY0sdB%2Flist-of-potential-future-supreme%2Fc%2F

Teachers Keep Calling Cops On Kids with Toy Guns

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At least two Colorado middle school students received visits from local police and were suspended from school in recent weeks after they were seen fiddling with airsoft pistols during online classes. As more kids deal with online classes this year, what can parents do to stop their teachers from overreacting?  

Bankruptcies Rise Despite Trillions in New Liquidity

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by Daniel Lacalle via Mises Misguided lockdowns have destroyed the global economy and the impact is likely to last for years. The fallacy of the “lives or the economy” argument is evident now that we see that countries like Taiwan, South Korea, Austria, Sweden, and Holland have been able to preserve the business fabric and the economy while doing a much better job … Read more

Jim Bianco discusses the stock sell-off

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CNBC, Released on 9/8/20 Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim’s commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. … Read more

Abolish the Welfare State and Lift Blacks Out of Poverty with Star Parker

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from Kerry Lutz’s Financial Survival Network Click Here to Listen to the Audio According to noted columnist Star Parker, there’s nothing as racist as the current welfare system. It embeds low expectations for blacks and encourages absentee fathers and the destruction of the black family. Ms. Parker believes that doing away with welfare will do away with … Read more

ECB Buying Bank Stocks

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by Martin Armstrong QUESTION: Buongiorno signor martin anche se mi piacerebbe chiamarla professore, è la Bce sta comprando azioni delle banche europee grz AP ANSWER: The ECB is looking into buying bank stocks because nobody else will. It is the only way to pretend they are meeting their capitalization. They are floating the idea of buying stocks, but … Read more

Will Trump Win in a Landslide?

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by Martin Armstrong COMMENT: Dear Mr Armstrong, It looks like President Trump will win, possibly in a landslide and the powers-that-be, of course, will challenge that. But their power will diminish over time. I like very much that you keep broadcasting that extremely important message of Leftist Politicians committing Crimes Against Humanity. We only need ONE … Read more

Global Currency Reset: They’ve Been Accelerating De-Dollarization (Stock Market Crash-Dollar Collapse)

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by Financial Argument via Financial Argument The stages of the global currency reset have begun. In this video, I described the events that will make the U.S. dollar a worthless piece of paper, a possible second stock market crash, accelerating de-dollarization, and U.S. dollar collapse. Throughout history, many countries’ currencies have been the dominant world currency, but none … Read more

Bank for International Settlements Activity In Gold Market Rose Again In August

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By Robert Lambourne via GATA Monday, September 7, 2020 Use of gold swaps by the Bank for International Settlements increased again in August, according to the bank’s statement of account for the month: https://www.bis.org/banking/balsheet/statofacc200831.pdf The bank’s gold swaps rose by 10 tonnes from July to an estimated 484 tonnes. The swaps are used to gain access to gold … Read more

A growing number of Chinese companies are blaming trading typos for insider stock sales

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https://www.cnbc.com/2020/09/09/more-chinese-companies-blaming-trading-typos-for-insider-stock-sales.html Shenzhen Changfang, a manufacturer of light-emitting diode (LED) products, said in a filing that on Friday a shareholder named Nie Xianghong accidentally sold 16,000 shares by typing in the wrong stock ticker. Sany Heavy Industry, a giant in the manufacturing of construction machines, disclosed Friday that due to “misoperation” in the transaction process, Mao … Read more

The NASDAQ completed a 10% correction just 3 trading days after setting a new all-time high (September 2)…. Michael Novogratz: I think the bubble popped

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And September 2nd marked the most stretched equity market bubble ever known to mankind.https://t.co/nPy29YhuQF — Jack Rodeghier (@glarustrading) September 9, 2020 Deutsche Bank says the best run for stock and bonds in 160 years is ending https://t.co/0SF4diKo17 — Win Smart, CFA (@WinfieldSmart) September 9, 2020 I’m not sure I like the look of this HYG … Read more

NICE. NOW START BUILDING NUCLEAR PLANTS. After rolling blackouts, California regulators voted to let gas powered plants stay open a few more years.

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There were rolling blackouts in California last month on two consecutive days. The reason for the blackouts wasn’t a mystery. There was a heatwave across the region and as the sun went down and California’s solar generation started to fade, the California Independent System Operator (Cal ISO) simply couldn’t find enough power from other sources to … Read more

Trump to announce U.S. troop withdrawals from Iraq and Afghanistan

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WASHINGTON – U.S. President Donald Trump will announce further troop withdrawals from Iraq and Afghanistan in the next few days, a senior administration official said Tuesday. The official told reporters traveling with the president to expect an announcement Wednesday on Iraq, and on Afghanistan in the coming days. During a meeting with Iraqi Prime Minister … Read more

Trump Nominated for Nobel Peace Prize

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Trump was nominated by Norwegian MP Tybring-Gjedde, from the ultra-conservative Progress Party Tybring-Gjedde praised Trump for his deal between Isreal and the UAE which he called a Middle East ‘game changer’ He said Barack Obama got the prize in 2009 ‘for nothing,’ and was rewarded by Trump with a series of retweets basking in praise Trump has … Read more

Trump Supporters are BLM/Antifa?

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Biden accuses Trump supporters for the violence, looting and rioting: Now that they can no longer deny the violence and destruction that their base has committed – they now resort to ‘project and deflect’. This is how #FakeNewsMedia @CNN shows the “peaceful protests”….with a burning building behind them. “Fiery but mostly peaceful protests after police … Read more

DeBlasio – NEW YORK had a “PEACEFUL WEEKEND”…Except for “that incident” AND 26 people SHOT!

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If Mayor Putz had thrown in a “just kidding” line, his Tuesday press conference would have made more sense. Instead, he again looked like a mayor who doesn’t give a damn. “Except for that incident, overwhelmingly we had a peaceful weekend in central Brooklyn,” Bill de Blasio told reporters. “That incident” was the shooting of a 6-year-old boy and his … Read more