Breaking news, updates, and reports on current events.
by DCG Ever since lockdowns due to the Wuhan virus, many started using the “Zoom” application for videoconferences and online chats. Zoom was founded by Eric Yuan in 2011. Eric is a Chinese-American and became a billionaire when Zoom went public in 2019. The company is based in San Jose, California. If you use Zoom, you should … Read more
Welcome to The Purge. https://t.co/km3B1hh3ya — Ian Miles Cheong (@ianmiles) June 18, 2020 🚨BREAKING: Chaz Tourism Video pic.twitter.com/P3b7Z0RFjc — Benny Johnson (@bennyjohnson) June 17, 2020 Professor Warns CIVIL WAR May Be Next Step Of Civil Unrest As Cops Quit While Antifa Escalates. A Professor warned 10 years ago that we would face widespread civil unrest … Read more
by QuantumLove THIS IS BAIT for PDJT(President DJT). Just in case anyone needs a primer, under our system of government, use of the national guard in a state is the responsibility of that state’s governor. Many people believe that the president is the one who activates the guard for things like this. He can FEDERALIZE the … Read more
Bolton had no less than 6 opportunities to testify under oath about anything during the Mueller debacle. He turned them all down. Such a douche. Report: Federal Prosecutors Consider Criminal Charges Against John Bolton AC
POTUS needs to get on this shit. These visas were a big voting issue for me in 2016. Not that I was even pondering HRC of course, but this was up there with illegal immigration for me. These visas are not being applied in the spirit of how they’re advertised. They never have been and … Read more
Lost on DACA – President can’t even rescind an executive order. There is no rule of law. It was all an illusion
by: Stefan Gleason Despite a year of tumult on Wall Street and Main Street, the banking system seems to be holding up remarkably well… for now. Whereas previous financial crises were marked by a surge in bank failures, hardly any have gone under so far in 2020. The Federal Deposit Insurance Corporation (FDIC) reports that only … Read more
Lawmakers want to roll back the legal shield for Big Tech Senator Hawley, one of the key people who sponsored the bill, said in a statement that “for too long, Big Tech companies like Twitter, Google and Facebook have used their power to silence political speech from conservatives without any recourse for users. Section 230 … Read more
https://twitter.com/GreekFire23/status/1273427195386564608 LEFTY EUPHEMISM ALERT: CHOP Cheers Theft… er… ‘Unplanned Donation’ as Cuomo Says Some People ‘Shouldn’t Have’ Police.
by HuskerLiberal https://www.employmentlawworldview.com/irs-guidance-provides-employers-with-the-ability-to-offer-a-second-open-enrollment-period-for-the-2020-plan-year-and-provides-greater-flexibility-for-making-mid-year-cafeteria-plan-elections-us/ Just like the 401k and student loan reimbursement provisions in the CARES ACT, employers coho choose to participate have the ability to offer unprecedented mid-year changes to medical plans and contributions. My company’s executive leadership team has yet to agree to this… in part because of the logistical issues of processing changes … Read more
by cjw_5110 I see a lot of posts on this forum that ask the rent vs. buy question. There are plenty of calculators out there, some more elaborate than others, but the basic gist of it is that your break-even point is typically around the 5-7 years mark. My wife and I bought our first … Read more
by FapForGodEyes So basically back in 5/22 I thought SPY would break 280 and start dropping but the head of the Discord channel I was on bet me it would rebound and rise up to 300. We both took opposite positions and I lost out. After that I formed a DD group with all the … Read more
by withthepotboy I know you’re sick and tired of seeing all the PCG posts lately and it’s true it’s been trading sideways cause it’s manipulated as fuck. This is because institutions have a fiduciary responsibility to their clients and can’t risk buying in bigly before they legal confirmation that the exit is official. My theory … Read more
by boolean_10 TLDR: Pensions have shifted away from safe assets to equities and “alternative assets” over the past ~30 years. The U.S. has an ageing populace and we will be seeing a ton of retirements over the next decade. Less safety in retirement assets will lead to higher levels of savings and a lower velocity … Read more
by stocksncocks Ok Guys, I`ll keep this short, since its all happening so fast right now. Wirecard committed accounting fraud. They were not able to provide an autority approved balance sheet by the deadline tomorrow. This will allow all their creditors to ask back for theyr loans. Outstanding loans are 2 Billion, which Wirecard does … Read more
Yields on investment grade US corporate bonds hit a new all-time low: 2.25%.https://t.co/AthqZQqVj2 pic.twitter.com/bnBmeTNeXq — Charlie Bilello (@charliebilello) June 18, 2020 Sauce https://twitter.com/KathyJones/status/1273256605614632960 Does it really seem necessary for the Fed to start buying corporate bonds right now? h/t SpontaneousDisorder
by David Haggith When asked by the press if the Fed was concerned about how it has increased wealth disparity in the US with its policies, Papa Powell kept clearing his throat and parading his lamest thoughts. “Inequality is not related to monetary policy,” he claimed in the Fed’s defense. Powell did not answer the question … Read more
by Martin Armstrong Both Canada and the EU are listening to Thomas Piketty and the World Economic Forum by pushing this socialist agenda to take over the world economy. There are major difficulties with the imposition of a wealth tax. The question becomes, how do you value a home and an entire family’s wealth or … Read more
by Dave Kranzler of Investment Research Dynamics The stock market promoting mainstream media this morning reported “U.S. Retail Sales Rose Record 18% in May” (e.g. the Wall St Journal). The S&P futures jumped from up 45 points to up 90 points. But, as usual, the details are in the fine print of the report itself, and it’s apparent that … Read more
by Martin Armstrong QUESTION: Do you think the Fed will venture into capping the long-term rates as they did during World War II? JH ANSWER: There is much talk that the Fed will go into yield-curve control in the near future. Some expect that if the Fed does employ yield-curve controls, they expect that yields would be … Read more