FITTON: DISGUSTED: Schiff, who will question Mueller, is also ethically compromised–he lied about @RealDonaldTrump and Russia + serious ethics problems over mishandling of classified info and irregular communications with anti-Trump witnesses.

by TFittonJW Neck size isn’t the issue, his ethics is. https://www.judicialwatch.org/press-room/press-releases/judicial-watch-files-ethics-complaint-over-rep-adam-schiffs-contacts-with-glenn-simpson-and-michael-cohen/ ​ Adam Schiff Admits To December 2017 Leak of False Information During Intelligence Committee Hearing… https://theconservativetreehouse.com/2018/02/25/adam-schiff-admits-to-december-2017-leak-of-false-information-during-intelligence-committee-hearing/ FITTON: BREAKING: So I just figured out that Aaron Zelbey, who is being inserted last minute to help Mueller tomorrow, was almost certainly paid by the Clintons to represent … Read more

Ultra-Low Mortgage Rates No Relief for Home Sales

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Surging prices are a demand killer, but real estate industry laments the medicine didn’t work. The relentlessness of falling home sales is starting to baffle the real estate industry that had expected plunging mortgage rates to fire up sales: Across the US, sales of “existing homes” (previously owned single-family houses, townhouses, … Read more

Californians Sour on Tesla Model S and Model X

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter In their most important market, the plunge in registrations far outpaced their already stunning global decline. Which opens a whole new question. The Model S and the Model X are Tesla’s high-dollar high-margin vehicles. Some versions clock in at over $100,000. Sales of them have been declining globally ever since the … Read more

Still think this is just going to be one single “insurance” Fed rate cut?

Richmond Fed Manufacturing survey order backlog index collapses to its lowest level since April 2009 and has contracted now for eight months in a row for the first time in five years. Still think this is just going to be one single “insurance” Fed rate cut? pic.twitter.com/llppFBO89t — David Rosenberg (@EconguyRosie) July 23, 2019 PHLX … Read more

Why is Apple buying Intel modems?

https://www.youtube.com/watch?v=eenv6SUw3ag Apple may be closing a billion-dollar deal to buy Intel’s modem business. RT America’s Michele Greenstein joins Rick Sanchez to discuss how the deal will position Apple to develop its own 5G modem in the future, giving it the patents, IP and talent hitherto belonging to Intel.

The US Economy Is Not Fake, It’s Unsustainable

by Keith Weiner of Monetary-Metals Folks in the liberty movement often say that the economy is fake. But this does not persuade anyone. It’s just preaching to the choir! We hope that this series on GDP provides more effective ammunition to argue with the Left-Right-Wall-Street-Main-Street-Capitalists-Socialists. We frame it that way, because nearly everyone loves to tout GDP (though some do so only when it … Read more

UBS CEO Warns of ‘Dangerous’ Bubbles

UBS CEO Warns of ‘Dangerous’ Bubbles Spurred by Central Banks (Bloomberg) — UBS Group AG’s chief executive officer is sounding the alarm on fresh monetary easing just as European policy makers appear poised to deliver another helping to stimulus-hungry markets. “I’d be very, very careful about growing further the balance sheet of central banks,’’ Sergio … Read more

Illinois police department tells criminals to stay inside during heat wave

by DCG This is not from The Onion. From MyFoxChicago: Criminal activity has been officially canceled in one suburban Chicago town due to the extreme heat that’s cooking most of the country. “It is just too hot to be outside committing crimes,” the Park Forest Police Department said on Facebook Friday. “We’re asking all aspiring criminals, seasoned veterans, … Read more