Breaking news, updates, and reports on current events.
by Michael Snyder Democratic presidential candidate Elizabeth Warren is sounding the alarm. In an opinion piece that she put out on Monday, she boldly warned that an “economic crash” is coming. Actually, much of her article sounds like it could have come directly from the pages of the Economic Collapse Blog, and her analysis of the … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Murk everywhere. There isn’t even an agreement what “leveraged loans” are. No, banks are not off the hook. They hold 57% of these instruments, the Bank of England found. Leveraged loans are risky. They’ve been issued by junk-rated overleveraged companies that are often owned by private equity firms. These loans are … Read more
We are now in the showdown phase, Trump is pushing the agenda that we need rate cuts, explaining that other countries are doing this and if we don’t the economic system will collapse. The Fed knows this, but the Fed has to look like it is making its own decision to cut rates, wait for … Read more
Authored by Dmitry Orlov via Club Orlov blog, Within the vast bureaucratic sprawl of the Pentagon there is a group in charge of monitoring the general state of the military-industrial complex and its continued ability to fulfill the requirements of the national defense strategy. Office for acquisition and sustainment and office for industrial policy spends some … Read more
Another hoax has been debunked. Trump says the WaPo is pushing fake news again.Stephan Halper received millions of dollars to spy. The Flynn case is falling apart, the DOJ is not making sense and the Judge is confused. New video shows that JA was in contact with someone inside the DNC, not Russia. Trump setting … Read more
Authored by Chris Whelan via TheInstitutionalRiskAnalyst.com, We caused a bit of a fuss last week on CNBC by suggesting that the Federal Open Market Committee will not cut the target for Fed funds this month. We suggested instead that the Federal Reserve Board will first end the runoff of the System Open Market Account (SOMA) and then “wait and … Read more
by Michael Snyder Both major political parties are working together to destroy America’s financial future, and most Americans don’t seem to care. Once upon a time, the Republicans were considered to be “the party of fiscal responsibility”, but now they are just as bad as the “free spending” Democrats. As you will see below, a … Read more
by TFittonJW I expose it all in key interview with my JW colleague Bruce Schleshman (r): https://dailycaller.com/2019/07/22/fitton-mueller-clinton/
Watch the latest video at foxnews.com Rep. Rashida Tlaib, D-Mich., called for a federal minimum wage of $20 per hour at an event in Detroit on Sunday night, prompting mockery from conservatives and threatening to force mainline Democrats in the 2020 presidential race to address the issue in upcoming debates. Tlaib’s comment came during remarks to … Read more
Sovereign Valentine, 50, from Plains, MT, diagnosed with kidney failure in 2018 He started dialysis in Jan. 2019, and insurance co said it had no in-network clinic The Valentines received medical bills for dialysis that totaled $540,842.90 Valentine’s wife contacted the state insurance commissioner that there is an in-network dialysis clinic that hadn’t appear on the … Read more
Trump will lose in 2020 unless this is addressed. 1) In 2016, biased search results generated by Google’s search algorithm likely impacted undecided voters in a way that gave at least 2.6 million votes to Hillary Clinton. I know this because I preserved more than 13,000 election-related searches conducted by a diverse group of Americans … Read more
FBI IS RAIDING LOS ANGELES OFFICE OF WATER AND POWER UPDATE Federal search warrants also being served at L.A. City Hall in addition to the Los Angeles Department of Water & Power. The warrants are under seal and no comment from officials other than authorities are seeking evidence as part of an ongoing investigation. No … Read more
Almost The Entire Nation Of Venezuela Without Power Now; Only 2 States Out Of 23 Have Power “#Breaking: Just in – Nation wide power outage is being reported in #Venezuela since +- 35 minutes ago, only 2 states reported from the 23 to have power. #SinLuz” https://twitter.com/sotiridi/status/1153422651140071430 #Update: Just in – Scrap that Now 22 … Read more
via silverdoctors: School lunch money balance in the red? Take care of that, or get your kids taken away… Government at all levels seems to be morphing into something for the worse. Case in point, this “pay-your-dang-lunch-bills-or-lose-your-kids threat. From a school district in Pennsylvania: https://twitter.com/AndyMehalshick/status/1152268848214814721
by Martin Armstrong California is the center of the far left which takes the position that even undocumented aliens can hold a position in government, they support sanctuary cities, and of course, they are the major movement in the New Green Deal initiative. Berkeley, California banned natural gas which is a clean fuel requiring homes … Read more
By ZeroHedge In what appears to be a gesture of contempt for Washington, Chinese companies have continued to import Iranian crude, but instead of reporting the crude imports, which would violate US sanctions, they’re storing the oil in bonded storage tanks situated at Chinese ports. The phenomenon began when Washington reimposed sanctions back in May. And two months … Read more
By The Phoenix Just what exactly is terrifying the Fed? Over the last week, multiple Fed officials have surfaced to suggest the Fed needs to start cutting interest rates right now. Indeed, on Thursday, John Williams, who runs the NY Fed (the branch in charge of market operations) suggested the Fed needs to cut rates … Read more
From Birch Gold Group This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Gold is the best investment for the global market, Wall Street and Main Street see gold maintaining upwards momentum, and gold is the only safe haven in the coming currency war. Gold is the … Read more
By The Phoenix Just what exactly is terrifying the Fed? Over the last week, multiple Fed officials have surfaced to suggest the Fed needs to start cutting interest rates right now. Indeed, on Thursday, John Williams, who runs the NY Fed (the branch in charge of market operations) suggested the Fed needs to cut rates … Read more
Jason goes on a rant about pension funds in the US being ripped off or defrauded by private equity, hedge funds and Wall Street investment banks as well as politicians that lied and over-promised cushy retirements to voters that they knew could not mathematically be paid for at the state and local level without bailouts … Read more