Breaking news, updates, and reports on current events.
Billionaire Masayoshi Son reportedly made a massive bet on bitcoin near the peak of the digital currency’s frenze in 2017. The founder of Japanese conglomerate SoftBank personally lost over $130 million when he sold his position, the Wall Street Journal reported on Tuesday. Son has a reputation for making big, risky bets but has had a successful … Read more
Someone needs to sue to challenge this. This absolutely disenfranchises real voters. h/t rumbletubble
https://www.youtube.com/watch?v=jQGkRHV_Lew A financial disaster is underway. How are you seeing it locally?
via americanthinker: The nation is actually doing quite well under President Trump, although you could never tell if your news comes from MSNBC, CNN, ABC, NBC, CBS, collectively the propaganda wing of the Democratic Party. Those manufacturing jobs we were told were gone? They are back. That 3% GDP that eluded Trump’s predecessor has returned and … Read more
by TrentonJay https://www.theatlantic.com/technology/archive/2014/07/the-details-about-the-cias-deal-with-amazon/374632/ Uhm… @BuzzFeed – You took $1.5m direct from (Obama’s) Priorities USA?! Did you cut Fusion GPS out of the deal or something, @BuzzFeedBen? WTF, man?! No wonder you had such a big lay-off in January… pic.twitter.com/Zl37shFmvz — Connected Single-Wides (@2xwide_dreaming) April 23, 2019 He got it from the FEC website: https://www.fec.gov/data/disbursements/?two_year_transaction_period=2016&data_type=processed&recipient_name=Buzzfeed&min_date=01%2F01%2F2015&max_date=12%2F31%2F2016 Checkout the entire thread: https://twitter.com/2xwide_dreaming/status/1120699907403321344 He’s … Read more
via CNBC: President Trump says European Union tariffs hitting Harley Davidson are “unfair.” He pledges to retaliate after the company posted first-quarter profit that fell 26.8%. Harley says falling demand, higher costs from U.S. tariffs on raw materials and European taxes on imports of its motorcycles hurt its earnings. President Donald Trump appeared to reverse course on Harley … Read more
By Rodney Johnson Digital advertising is supposed to be the fuel of the future, funding new companies (#IPOs) that provide us with services we never knew we wanted – Facebook, Pinterest, Twitter, etc. – while tearing away at our privacy. But there’s a problem. Digital advertising is annoying users, and starting to creep us out. … Read more
via kunstler: Unfortunately for the nation, the RussiaGate fiasco is only half over. There is just too much documented official turpitude on the public record for the authorities to answer for and the institutional damage runs too deep. Act One, the Mueller investigation, was a 22-month circle-jerk of prosecutorial misconduct and media malfeasance. Act Two will … Read more
via mybudget360: Millennials continue to face the struggles of living in a world where they are deep in debt and the idea of buying a home is becoming more of a farfetched pipe dream. As recently as 2009 non-housing debt stood at $2.5 trillion. Today it is over $4 trillion, a 60 percent increase in 10 … Read more
By David Stockman This kind of volatility especially at the shortest maturity suggests limited and temporary capacity for spare liquidity. It is the result of a titanic struggle to maintain control. The PBOC has had better success at term, but perceptions about the shortest maturity heavily color how participants act. If you think there’s a … Read more
by DCG Last November I told you how Christopher Rufo, a candidate for Seattle City Council, dropped out of the race due to the intolerance and bullying of Seattle progressives. Rufo, who describes himself socially progressive and fiscally conservative, dared to attend an event sponsored by a conservative group. That earned him the wrath of local progressives – … Read more
By Tsvetana Paraskova Despite the somewhat sudden end of the U.S. sanction waivers for all Iranian oil buyers, Goldman Sachs doesn’t see oil prices rallying much higher. “While we acknowledge the near-term upside price risks, we reiterate our fundamentally derived Brent price trading range of $70-75 per barrel for the second quarter of 2019,” Reuters quoted the … Read more
Josh Sigurdson talks with author and economic analyst John Sneisen about the vast amount of debt in Canada as Canadians are going broke! HALF of Canadians polled claim they are just $200 away from bankruptcy. 26% of Canadians say they have no room to move at the end of the month. This problems is becoming … Read more
by howmuch Owning a home is one of the biggest financial milestones. Data from the U.S. Census Bureau indicates that the homeownership rate nationwide is 64.8%, slowly reversing a downward trend that started in 2004. Despite these recent gains, homeownership is still out of reach for many people. One of the main reasons for this is that wages … Read more
BY JOHN RUBINO After raising interest rates and getting slapped around by the markets last year, the Fed now appears to accept that future monetary policy can only be easy, even at the cost of ever larger and more destabilizing financial bubbles. On one hand this is a truly epochal change. On the other hand it’s … Read more
by visualcapitalist It all started with a bang…the big bang! The explosive power of hydrogen fueled a chain reaction that led to the world we have today. Now this power is being deployed on Earth to supply the energy needs of tomorrow. Visualizing the Power of Hydrogen Today’s infographic comes to us from the Canadian Hydrogen and … Read more
by Ted Dabrowski and John Klingner of WirePoints You can’t help but call it a Ponzi scheme. Not if you look at Chicago’s collapsing demographics and consider how they’re threatening the solvency of the city’s government-run pensions. Chicago households are on the hook for more than $145 billion in state and local retirement debts and there are fewer and fewer … Read more
Judicial Watch President Tom Fitton joins Breitbart to discuss the mainstream media lies from the Mueller Report, the media’s reaction, their plan of action, and what Judicial Watch’s next steps are. Judicial Watch President Tom Fitton appeared on “The Larry O’Connor Show” (790KABC) to discuss the Mueller report and how President Trump was spied on.