Vanguard wants to get into PE investing

by JealousEntrepreneur They want to create a low cost alternative for Softbank Vision fund and others like them and looks to partner with Boston firm HarbourVest Partners, London-based Pantheon and at least one other firm. ​ Vanguard is evaluating partnerships to make a mix of private-equity funds available to Vanguard clients, the people said. The … Read more

Solid State Batteries: The Next Big Thing In Electric Cars

By Jon LeSage Plug-in vehicle sales have been seeing sizable growth in recent years, with Tesla grabbing most of the attention. Now the race is on with Toyota and several other global automakers taking steps forward in being truly Tesla-competitive for the first time. At 2.1 million sold worldwide last year, sales of battery-electric and plug-in hybrid electric vehicles … Read more

Gasoline Prices Soar As Largest East Coast Refiner Is Set To Close Shop

via Zerohedge: RBOB Gasoline futures jumped overnight, accelerating their recent ascent ever since the explosion and massive inferon at the Philadelphia Energy Solutions (PES) plant, following a Reuters report that the largest east coast refinery is expected to seek to permanently shut its oil refinery in the city after a massive fire caused substantial damage to … Read more

Government vs People

by Chris As bad, awful and stench-o-rific as the non-prosecution of Merrill Lynch over the gold bid rigging is, the government’s handling of the Jeffery Epstein case is just as bad and maybe even worse. It’s 99.999% clear that he was and continues to be protected because other powerful people were involved with him in … Read more

Bank of America Will Stop Lending to Private-Prison Firms

Bank of America Corp., the second-biggest U.S. bank, will stop lending to companies that run private prisons and detention centers. “We have decided to exit the relationship’’ with companies that provide prison and immigration-detention services, Vice Chairman Anne Finucane said Wednesday in an interview. “We’ve done our due diligence that we said we would do … Read more

How Conspiracies Really Work. Companies took over the government bodies designed to regulate them – This is called “Regulatory Capture”.

by PrestigiousProof https://i.imgur.com/PVpFY.jpg     It is as easy as 3 steps. Make a government entity (say the CDC) the ultimate authority on some issue. Donate so much money (through various means) to the entity that they have to consider a “simple request”. As donor, play up a former Exec from your industry (that you … Read more

Financial Blacklisting: Sleeping Giants and Soros-Backed Group Pressure Mastercard to Censor the Right

via breitbart:   At Mastercard’s AGM this morning, the far-left groups SumOfUs and Sleeping Giants circled the venue with a mobile billboard stating: “Putting hate groups out of business? #Priceless.” …As left-wing political activist groups have pressured social media companies to blacklist their political rivals, they are also intent on destroying the ability of the political … Read more

Jay Sekulow Discovers New Documents To Backstop Obama’s Operation Against Trump – Connects To Evelyn Farkas…

by sundance In March 2017 CTH first highlighted statements by Evelyn Farkas that described a coordinated effort from within the Obama administration to push political opposition research, gathered by the intelligence community, into the media. Jay Sekulow now discovers documents that highlight the Obama administration’s efforts in their last days in office.  This effort backstops Farkas’s earlier statements.  … Read more

Free Speech Should Be Trump’s Second Term Commitment

by theBTMANIAC90   Teddy Roosevelt was a true old school progressive who recognized that as long as we have international politics and government, there will never be a 100% free market. Corporations receive charters from the government that already grant certain benefits sole proprietorships, partnerships and co-ops don’t enjoy. Furthermore as corporations grow they gain … Read more

Gold Is The Secret Knowledge Of The Financial Universe

by Claudio Grass via News Room Interview with Chris Powell Every seasoned gold investor and every student of monetary history has likely stumbled upon various theories about institutional manipulation of the gold market. While it is true that rarely is there smoke without fire, it is still important to approach this matter rationally and form opinions based on … Read more

Cramer: Reality Is “Much Worse Than Stock Market Indicates”

by Mac Slavo of SHTFplan Businesses in the United States are having a harder time in the real world than the stock market indicates, says CNBC‘s market expert Jim Cramer. “The real world is much worse than the stock market indicates,” Cramer said on Squawk Box.  Cramer stated that out of the “dozens of company executives he’s spoken with”, not … Read more

Demorats’ 2020 platforms: Bribery and pandering!

by DCG Reparations for gay people! Reparations for African Americans! Cancel your student loan debt! Illegal immigrants don’t have to leave once ordered to be deported! Free everything-else! I can’t wait to see who gets promised free money after next week…there are so many days left until the election it could be any one of us! DCG

ERIC POSNER: The Trouble Starts If Facebook’s New Currency Succeeds. “Libra will almost exactly replicate all the problems generated by the company’s social network.”

via theatlantic: Libra will be big. Facebook has 2.4 billion users, and if, as Facebook promises, they can costlessly, seamlessly jump from their Facebook accounts to their Calibra wallets to spend money, many of them will do so. Visa has issued more than 2 billion credit cards and is used by more than 40 million merchants. … Read more

Absolutely Predictable! Companies Dodge U.S. Tariffs on China by Rerouting Goods

Billions of dollars worth of China-made goods subject to tariffs by the Trump administration in its trade fight with Beijing are dodging the China levies by entering the U.S. via other countries in Asia, especially Vietnam, according to trade data and overseas officials.   https://www.wsj.com/articles/american-tariffs-on-china-are-being-blunted-by-trade-cheats-11561546806    

Local Government Is an Engine of Inflation

by Charles Hugh-Smith Insolvency isn’t restricted to private enterprise; governments go broke, too. One reason the economy is so much more precarious than advertised is inflation has pushed households and small businesses to the edge–and one engine of that inflation is local government. This is not to dump on local government, which is facing essentially unlimited … Read more