Breaking news, updates, and reports on current events.
https://www.youtube.com/watch?v=SnrtSPBGpT4 Now that the #HouseDemocrats have slit their own political throats by voting to #ImpeachTrump lets hope the Senate Republicans and the #WhiteHouse make these bastards pay… Here is a NEW SCANDAL they can start their investigations with.
by Lance Roberts A recent Peter G Peterson Foundation poll, as reported by the Financial Times, revealed a statistic that we have suspected for quite some time. To wit: “Nearly two-thirds of Americans say this year’s record-setting Wall Street rally has had little or no impact on their personal finances, calling into question whether one of … Read more
by DCG A tweet last night from WaPo reporter Rachael Blade, which magically disappeared within an hour. Rachael then tried to cover her butt by tweeting this BALONEY: “I’m deleting a tweeting tonight that is being misinterpreted by some as an endorsement of some kind. To be absolutely clear, we at the Post are merely glad we are getting a break … Read more
from SGTreport with Bix Weir REPO Madness is beginning to make the 2008 financial crisis look like a walk in the park. The FED is backstopping the panic for liquidity in the overnight REPO market with more than $1 Trillion, the panic money printing is happening NOW. Please consider supporting SGT Report on Patron with a monthly … Read more
Severe Clashes between Pakistan Army and Indian Army still going on in Multiple sectors of Neelum Valley. Intense CAPs Activity at Several Locations including LoC. #LoC #Kashmir #PAF #PakistanArmy Severe Clashes between Pakistan Army and Indian Army still going on in Multiple sectors of Neelum Valley. Intense CAPs Activity at Several Locations including LoC.#LoC #Kashmir … Read more
by Egon von Greyerz Since the Great Financial Crisis started in 2006, global debt has more than doubled from $125 trillion to $260 trillion. The more money that has been printed, the lower interest rates have gone. In 2006 US short term rates were 5% and between 2008 and 2015 they were ZERO. Today they … Read more
https://twitter.com/NorthmanTrader/status/1207608009091899395
Almost $1.5 trillion of the world’s cash, with U.S. $100 bills making up a great deal of it, is reportedly unaccounted for. So what happened to the money? “Literally, a lot of these $100 bills are sitting in bank vaults all over the world,” Treasury Secretary Steven Mnuchin told FOX Business’ Lou Dobbs during an interview on Tuesday. Mnuchin pointed to the negative interest rates … Read more
as employment downturn continues – fed money printing props of stocks pic.twitter.com/eeBw4oOluL — Alastair (@StockBoardAsset) December 19, 2019 Cyclical employment growth is being ignored. Represents over 1/4 of total jobs and still trending lower w/hours worked still moving lower. pic.twitter.com/z2SHnpBwxx — Eric Basmajian (@EPBResearch) December 18, 2019 powell couldn't let cccs implode on christmas week … Read more
via Zerohedge: Yesterday we covered Fedex’s latest disastrous earnings report, in which the company disappointed Wall Street yet again reporting a huge miss to expectations while slashing guidance. Naturally, analysts – who were once again wrong in expecting a rebound for the logistics bellwether – were quick to slam the results (it’s the company’s fault, not theirs … Read more
by Ryan McMaken via Mises In my days before I worked for the Mises Institute, I had a colleague who knew I associated with Austrian-school economists. In the wake of the bailouts and quantitative easing that followed the 2008 financial crisis, he’d sometimes crack “where’s all that inflation you Austrians keep talking about?” But then, in the very same … Read more
HOOO!! Love this!! “Let the American people decide who should be their President”. A slap in the face to those who have ignored the fact that 63 million of us put Mr Trump into office. h/t JB
by Eustace Muffins This was never planned to ever go to the Senate. This was solely to put it on record that Trump has been impeached by the House(which does hold some weight). In doing this desperate impeachment process by the House, The Dems now have their only weapon. A political weapon, that is infinitely malleable … Read more
By John Mauldin When you write for a wide audience, no matter what you say, or how carefully you say it, some people will misunderstand. Sometimes it’s amusing. Reading through my feedback (and I do read all of it), I get called both heartless capitalist and bleeding-heart socialist in reaction to the same article. In … Read more
Ruth Bader Ginsburg spoke with the BBC this week about the upcoming impeachment trial in the US Senate. During her questioning Justice Ginsburg suggested that US Senators could be disqualified from the proceedings if they are not impartial. Justice Ginsburg: “The House indicts, and the Senate tries. Should a trier be impartial? Of course, that’s the … Read more
Incredible fundraising numbers! @realDonaldTrump has raised over 5M dollars (still growing) today as Americans use their wallet to show support against @SpeakerPelosi’s impeachment hoax! Thanks Dems! You morons. LOL Incredible fundraising numbers!@realDonaldTrump has raised over 5M dollars (still growing) today as Americans use their wallet to show support against @SpeakerPelosi’s impeachment hoax! Click the link … Read more
https://www.reuters.com/article/us-usa-sec-investors/u-s-sec-proposes-allowing-more-investors-access-to-private-companies-idUSKBN1YM245 WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow more Americans to buy shares in private companies. The agency hopes the changes will boost retail investors’ access to the swelling pool of companies that are staying private for … Read more
By Irina Slav A few days after the United States and China announced a phase-one trade deal, Beijing announced it had removed six chemicals and oil derivatives from its list of tariffed U.S. imports. The exemption will be in force for 12 months, ending on December 26, 2020, Reuters reports, citing a statement by the Chinese … Read more
There is no provision under US Law that makes it a crime to let the crimes of a political opponent go if you have the knowledge of them. It is, a crime to have knowledge of a crime under US Law, and not report it. https://www.law.cornell.edu/uscode/text/18/4# Watch the latest video at foxnews.com Democrats have … Read more
Jonathan Turley: “You Could Impeach Every Living President” By The Standards Of Trump Impeachment. CBS ANCHOR: What impact do you think this could have on future presidents? JONATHAN TURLEY: It is going to have a significant impact, I think it will be a largely dysfunctional one. The problem I have is that this sets the … Read more