Fuel for the Next Mortgage Bust?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Here we go again: Cash-out refi hype is back full-blast, and for the first time since early 2006, people are doing it in large numbers (11 minutes).  

10 Quotes From Big Names Across The Political Spectrum That Are Suspicious About The Cause Of Epstein’s Death

by Michael Snyder Was there a conspiracy to kill Jeffrey Epstein?  Over the past 24 hours, the mainstream media has been full of stories about the various “conspiracy theories” that have sprung up around Jeffrey Epstein’s death.  And of course the term “conspiracy theory” has essentially become a shorthand way for the mainstream media to … Read more

How To Avoid Being Called A Russian Agent Online

Authored by Caitlin Johnstone via Medium.com, The always reliable NBC News has published an important and informative article titled “Russia-linked Twitter accounts promoted ‘doxxing’ over racial tension videos”, which uses fearless investigative insinuations and cutting-edge vagueness to inform readers that viral videos of Americans being racist are essentially a Russian fabrication. The article’s four authors boldly document the … Read more

The Internal War in the Deep State Claims Its High Profile Casualty: Jeffrey Epstein

by Charles Hugh-Smith The “traditionalist” Neocons are going to have to decide to fish or cut bait. I’ve been writing about the fracturing Deep State for the past five years: Is the Deep State Fracturing into Disunity? (March 14, 2014) Is the Deep State at War–With Itself? (December 14, 2016) Epstein and the Explosive Crisis of the … Read more

Trump, LEAKED E.O. (DRAFT)-CENSOR INTERNET

via commondreams: Civil liberties groups are warning of a major threat to online freedoms and First Amendment rights if a leaked draft of a Trump administration edict—dubbed by critics as a “Censor the Internet” executive order that would give powerful federal agencies far-reaching powers to pick and choose which kind of Internet material is and is not acceptable—is … Read more

Report: Minimum Wage Hike Could Cost Wisconsin at Least 350,000 Jobs

Increasing the minimum wage to $15 per hour could cost Wisconsin at least 350,000 jobs, according to a new report published by the conservative think tank, the Badger Institute. According to the analysis, “a high proportion of the state’s workers—fully 38 percent—earn less than $15 an hour. Our modeling suggests that almost one-third of this … Read more

Highway Robbery Legalized as Law Enforcement Officers Morph Into Pirates on Wheels

via mises: In 1984, as part of Ronald Reagan’s renewed war on drugs, the Drug Enforcement Administration launched Operation Pipeline. This program was inspired by the strategies employed by state troopers in New Mexico who, after pulling somebody over, asked specific questions designed to determine whether the driver might be a drug trafficker. Combined with the … Read more

“Human Tragedy” On The “Diseased Streets” Of San Francisco: “Worse Than Slums In Brazil & India”

Via NBCBayArea.com, How dirty is San Francisco? An NBC Bay Area Investigation reveals a dangerous mix of drug needles, garbage, and feces throughout downtown San Francisco. The Investigative Unit surveyed 153 blocks of the city – the more than 20-mile stretch includes popular tourist spots like Union Square and major hotel chains. The area – bordered … Read more

Illinois Is the Canary In The Pension Coal Mine

Reason.com’s Mike Riggs talks with Illinois Policy Institute’s Adam Schuster about how to fix the state’s pension debt crisis… Illinois is running out of time to fix its public sector pension problem. A new report from Moody’s Investors Service identified the Prairie State as one of the two most likely to suffer during an economic downturn. Illinois … Read more

ALERT: Joe Biden wants to almost triple immigration numbers!

2 million more EACH YEAR would: 🔻Crush wages for working class 🔻Kill blue collar jobs 🔻Ravage Medicare & Social Security 🔻Drain federal treasury 🔺Crowd schools & hospitals   ALERT: Joe Biden wants to almost triple immigration! 2 million more EACH YEAR would: 🔻Crush wages for working class🔻Kill blue collar jobs🔻Ravage Medicare & Social Security🔻Drain federal … Read more

US Citizens’ Bankruptcies Heading Way Up

via NYPOST: Bankruptcies are back — flashing warnings that more Americans are knee-deep in debt in big cities like New York. While total bankruptcy petitions nationwide by consumers and businesses are still well below Great Recession levels, analysts say there is an unmistakable trend upward. New York state’s bankruptcy filings, for instance, have risen steadily … Read more

iPhone users: 7 settings on your phone, that when turned off improve battery life and increase privacy.

It’s a win win. I’m getting an extra day of battery life per charge. Most iPhones are only good for 1000 charges before battery needs replaced. Apple experts David and David tell you about the seven #iPhone #settings to should turn off immediately. Here are the seven settings to change: 0:12 iPhone Analytics: Turning this … Read more

Risk Happens Fast. Is The Selling Over?

by Lance Roberts Risk Happens Fast Over the last few weeks, we’ve been discussing the potential for a correction due to the extreme extension of the market above the 200-dma. To wit: “In the very short-term, the market is grossly extended and in need of some correction action to return the market to a more normal … Read more