Breaking news, updates, and reports on current events.
via Yahoo: A rising number American households are grappling with rising borrowing costs and consumer loan delinquencies — a worrying trend that could indicate an economic slowdown is at hand, Deutsche Bank warned on Wednesday. As U.S. consumers rack up a record amount in credit — a recent Federal Reserve report showed outstanding consumer debt topped a record … Read more
via Reuters: The U.S. Federal Reserve said on Wednesday it would no longer flunk banks based on operational or risk management lapses during its annual health check of the country’s domestic banks. The “qualitative” portion of the 2019 test, however, will still apply to the U.S. subsidiaries of five foreign banks subject to the annual … Read more
via businessinsider: More than 5,300 stores are expected to close in 2019. Family Dollar, Abercrombie & Fitch, and Chico’s announced nearly 800 store closures on Wednesday. Gap, JCPenney, and Victoria’s Secret announced more than 300 store closures over the course of 24 hours last week. Payless has said it plans to close all of its 2,500 stores in what could be the largest … Read more
via safehaven: Deutsche Bank (DB) is getting desperate, and Wall Street is ditching it—fast. The most recent quarterly results were dismal, one of its investors has been turned into a paid advisor, and now there is talk about closing down the bank’s equities trading branch over losses of around $750 million last year, according to the Wall Street Journal. … Read more
via Bloomberg: European Union governments unanimously rejected a list of foreign jurisdictions posing higher risks of money laundering, criticizing officials in Brussels for drawing up the document in a flawed manner. The list was presented last month by the European Commission, the EU’s executive arm, as a measure to protect the financial system from dirty-money risks … Read more
With seemingly everything except precious metals in a bubble, it can be quite hard to keep your eye on the ball. Join Mike Maloney as he uncovers what could potentially be a huge factor in the next crash – insane levels of corporate debt.
by fionnbharr Here’s another. Be careful your chin doesn’t hit the edge of your desk, because the results of this discussion led to the Health Manintenance Organisation Act of 1973 : – This is a transcript of the 1971 conversation between President Richard Nixon and John D. Ehrlichman that led to the HMO act of 1973: John … Read more
by AMillionPI The first thing that comes to my mind when hearing the word ‘capital’ is money (that can be used to invest / enhance the power of a business). Capital can be understood as resources that are available to achieve a specific set of goals. Capital does not always necessarily refer to money used by businesses … Read more
by BangHerInBangor I (32m) have just been hired at a company that has a 401k plan, and (just as the title states) they will match up to 4.5% provided I put away at least 6%. I’m trying to decide if I should put away the max amount they would let me select, which is 12%. … Read more
by BadTRAFFIC Venezuela stopped accepting American Dollars to trade oil in. https://www.zerohedge.com/news/2017-09-14/oil-rich-venezuela-stops-accepting-dollars Source for Saddam: http://content.time.com/time/magazine/article/0,9171,998512,00.html Foreign Exchange: Saddam Turns His Back on Greenbacks Europe’s dream of promoting the euro as a competitor to the U.S. dollar may get a boost from SADDAM HUSSEIN. Iraq says that from now on, it wants payments for its oil … Read more
via breitbart: One month after claiming there is “no emergency” at the border, the far-left New York Times now concedes the border is at a “breaking point.” In real time, as President Trump gave his State of the Union speech last month, the Timesbranded the president a liar over his claim that there is an “urgent national crisis” at … Read more
A very unlikely conservative; a gay, black veteran. This is the full version. Enjoy! By popular demand, this is an extended cut of the original version of this debate we published here on YouTube (watch the original debate here: https://youtu.be/HGAsMtcPy_c) h/t MARsSPEED
by Dr. Eowyn The Party of Death is at it again. It’s bad enough that U.S. taxpayers are forced to pay for abortion via the federal government’s funding of Planned Parenthood, a new bill introduced by Demonrats will force taxpayers to fund any and all abortions in America. Under the guise of a benevolent concern to provide … Read more
by ToT This is in response to Judicial Watch, EiP lawsuit against California for voter registration fraud. California settled the lawsuit because they knew they couldn’t win. Part of that settlement includes clearing rolls. Judicial Watch announcement
via theguardian: An email shared with the Guardian by a Whole Foods employee cites the shift cuts as a ‘direct result of guidance from our regional team’ In response to public pressure and increasing scrutiny over the pay of its warehouse workers, Amazon enacted a $15 minimum wage for all its employees on 1 November, including … Read more
Ilhan Omars’ Remarks Deepening the Democratic Party Schism at the Worst Possible Time http://archive.is/0SONl House Democrats erupted in fury Wednesday, challenging leaders over indirectly sanctioning freshman Rep. Ilhan Omar for alleged anti-Semitic remarks amid an outcry over party inaction to President Trump’s divisive comments on race. In a closed-door session, Democrats protested plans to vote … Read more
via latimes: Both Butler and Dahan acknowledged what most consumers have long suspected: that the prices we pay for eyewear in no way reflect the actual cost of making frames and lenses. When he was in the business, in the 1980s and ’90s, Dahan said it cost him between $10 and $16 to manufacture a pair … Read more
VIDEO: Portland State officials, police stand by as protester shuts down gun-rights talk with a bell. The truth is, the authorities condone, and even support, this kind of behavior. It’s like southern sheriffs and the Klan a hundred years ago. Related: h/t GR
https://www.youtube.com/watch?v=zVVY5pbSFQk Yep fast food and supermarket food.. I won’t eat anything I can’t read the label on. That includes restaurants. Golden Corral for instance does not allow any of their franchises to have real butter anywhere on premises. That says a lot about their food ingredients. Canola oil is rebranded Canadian oil which is … Read more
by GoldCore China increased its gold reserves for a third straight month in February, data from the People’s Bank of China (PBOC) showed this morning. The value of China’s gold reserves rose slightly to $79.498 billion in February from $79.319 billion at the end of January, as the central bank increased the total amount of … Read more
by David Haggith In my first Premium Post back in January, “2019 Economic Headwinds Look Like Storm of the Century,” I laid out sixteen major headwinds that would be howling against the economy this year. One of those was the government debt, which I said was about to skyrocket: If you thought the government deficit exploded … Read more
https://www.youtube.com/watch?v=gNWvSU-yIYM
Did the same for Healthcare, look at the cost increase. AMAZING! Do you guys realize something about Liberals, Obama and how they attack Trump? They are ADMITTING Obama did NOTHING memorable ! When Obama did something, they stayed silent, and when Trump does the same thing, they are whining. Example Documents obtained by NBC … Read more
Watch the latest video at foxnews.com The 2020 presidential election is officially gearing up and the Democratic Party is imploding. Radical, extreme far-left socialists have now taken over. And any Democrat who doesn’t fall in line and support this their left-wing vision will get thrown down to the curb by Rep Alexandria Ocasio-Cortez, D-NY. All of America needs to … Read more