Breaking news, updates, and reports on current events.
We The People News reports, On Fed 14th of 2018 there was a ruling by a Judge in White County, Il that states the following “In this case, the facts show the defendant possessed a gun, in her house, for the purpose of self-defense without a FOID card. https://www.youtube.com/watch?v=ZGRVqF1Kctk Read More/Source/Credit/FairUse: https://wethepeoplesnews.com/2019/03/…
Authored by Mac Slavo via SHTFplan.com, President Donald Trump is already taking flack for rolling back regulations designed to keep Americans from overextending themselves when it comes to the use of credit. But this is not actually Trump’s fault; as Americans should learn to control themselves and be responsible for the money they borrow. When Trump does things … Read more
by howmuch In April 2019, the Bureau of Labor Statistics released the latest Consumer Expenditure Survey (CE) report to analyze broader economic trends related to consumer spending. Our new visualization uses the BLS data from this report to paint a picture of how the average American household allocates its budget. The BLS report uses data from 2017, … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The ruse that helped shares jump 20%. It would be a joke for a small niche automaker, specialized in luxury cars, with a global market share of less than 1% to get this kind of global attention. But Tesla is unique because of its extraordinarily ludicrous stock price. Though that price … Read more
by Charles Hugh-Smith When the 4% who generate the jobs and tax revenues have had enough and leave, the effects quickly impact the 64%. At the end of any trend, everyone’s a true believer: this trend is so enduring, so broad-based, so based on unchanging fundamentals that it will never ever reverse. One such trend is … Read more
https://www.youtube.com/watch?v=XXa3oLMDezU
Housing Sales, HELOCs, and Foreclosures
https://www.youtube.com/watch?v=RjRHitZbLAk
by Martin Armstrong COMMENT: I am a senior exec here in the German auto industry. I attended your Berlin conference. I just want to say your ECM is remarkable. Our industry has seen a decline in auto sales since the middle of 2018 right on schedule. It looks like it will be a hard landing … Read more
by Martin Armstrong In Japan, Nomura’s chief Koji Nagai took over as Nomura’s chief executive back in 2012 and followed that appointment with a $1bn cost-reduction plan that was criticized both externally and internally for failing to target the inefficient divisions of Nomura’s domestic operations in Japan. The latest program will see the company close … Read more
by Michael Snyder The Satanic Temple is the perfect religion for progressives. You can believe anything you want, as long as you hate what Donald Trump, Christians and conservatives believe. Unlike the Church of Satan, the Satanic Temple doesn’t even believe in a supernatural entity called Satan. Instead, they celebrate Satan as “the ultimate rebel”, … Read more
by Egon von Greyerz Gold is the ultimate insurance against a bankrupt financial system, a corrupt political system and a rotten monetary system. But official propaganda, combined with people’s greed, mean that virtually nobody understands the necessity of insuring against these risks. Also, investors are convinced that stocks always go up and therefore that the … Read more
From Birch Gold Group Long-term Social Security has a shortfall of $43 trillion (officially reported by the Board of Trustees), and an imminent benefit cut of 25% by 2034. Despite these sobering facts, Social Security raised benefits for 8 million recipients by 2.8%, effective January of this year. On average, this means recipients will receive $39 more with each check. … Read more
via reason: As lieutenant governor, Gavin Newsom supported a 2017 bill increasing the state’s gas taxes. When running for governor in 2018, he opposed a ballot initiative that would have repealed that same increase. It’s 2019, and Newson, now the state’s governor, is demanding an investigation into why the state’s gas prices are so high. On Tuesday, the governor sent … Read more
by WARREN MOSLER Ship Orders Fall to Lowest Level in 15 Years Ship orders world-wide have shrunk to the lowest level in 15 years as vessel owners struggle with excess capacity that has kept freight rates well below break-even levels. There were 3,200 vessels of a combined 81 million gross tons ordered globally in the … Read more
The “kissing bug” — which bites people around their mouths and can pass along the fatal disease Chagas — has officially made it to Delaware. In September, the Centers for Disease Control foreshadowed the deadly bloodsucker’s arrival here. The government agency warned that it was making its way north from Central and South America and had been reported … Read more
FOX News legal analyst tells Sean Hannity that Hillary Clinton, James Comey and Andrew McCabe should be indicted. Jarrett added that James Clapper and John Brennan should be indicted for lying under oath to Congress. https://www.youtube.com/watch?v=OTIL8vSAA1E Giuliani, who is now President Donald Trump’s personal attorney, warned Wednesday that former Democratic presidential candidate Hillary Clinton “better … Read more
Tesla reported a loss of $2.90 per share for Q1, a massive miss from expectations of 69 cents. pic.twitter.com/LsIXclUBUU — CNBC (@CNBC) April 24, 2019 Tesla Q1 2019 Earnings Highlights GAAP operating loss of $522M, GAAP net loss of $702M, including $188M of non-recurring charges Cash and cash equivalents of $2.2B at Q1-end Model 3 … Read more
by Michael Snyder Are you ready to cough up $220,000 to pay your share? One of the reasons why a day of reckoning for the U.S. economy is inevitable is because we are in way too much debt. The 22 trillion dollar debt that the federal government has accumulated gets most of the attention, but … Read more
By Harry Dent There’s been a lot in the news lately about a slowing U.S. property market, with San Francisco a particular worry. According to Reuters, home sales fell more than expected last month. The National Association of Realtors said that existing home sales dropped 4.9%. I’m, in fact, in Australia for the next two weeks … Read more