Breaking news, updates, and reports on current events.
via Zerohedge: After an abysmal, for David Einhorn, 2018, “2019 has started off on a good note” for the Greenlight Capital founder. In his just released letter to investors, Einhorn writes that his hedge fund returned 11.0% for the quarter, almost reversing its Q4 2018 loss. Nonetheless, Einhorn notes, “it continued to be a challenging … Read more
by Egon von Greyerz MMT is the socialists’ dream. It officially stands for Modern Monetary Theory but a more appropriate name would be More Money Theory. Because MMT is just a fancy name to justify more money printing, more deficits and more debts. Socialists love MMT, because for a sovereign nation, it justifies constantly living above your … Read more
“Amazon’s plunge into the $800 billion US grocery industry posed an existential threat to rivals”: CNN, August 2018. So let’s see. By John E. McNellis, Principal at McNellis Partners, for The Registry: A couple questions remained in the wake of Whole Foods’ announcement last week that it was dropping prices on over five hundred items by twenty … Read more
by allthedifference Make your job your number one priority. Be at work on time, work hard, contribute, don’t cause problems, keep your employer informed if you do have to miss work (try not to). Read the employee handbook and follow the rules. You don’t want to lose that DOT job. Live frugally. Think cheap apartment, … Read more
by coole106 I have been living by a strict budget for the last few months, and I must say, it is very liberating. A little background: I am 28 and married with a 1 1/2 year old. My wife used to work, but now she stays home with the child, so she … Read more
https://variety.com/2019/digital/news/disney-plus-streaming-launch-date-pricing-1203187007/ At launch, Disney+ will include 7,500 episodes, 25 original series, 400 library movie titles, and 100 recent theatrical films releases, according to Agnes Chu, senior vice president, Content, Disney+. That includes exclusive rights to all 30 seasons of “The Simpsons,” Netflix will likely be hit by this at least a little bit given the … Read more
via CNBC: “There are challenges facing the world in terms of how do you have transparent projects that are high quality, where the debt is transparent. China moved so fast that in some part of the world there is just too much debt,” Malpass says. “That’s something that we can work on with China.” China … Read more
A quick reversal could reverse the slide in economic growth, but the lags are long. It appears that history is being repeated – too tight for too long, slower growth, lower rates. http://www.hoisingtonmgt.com/pdf/HIM2019Q1NP.pdf AC
via CNBC: Economic growth won’t last as the U.S. labors under the burden of growing entitlement programs, former Fed Chairman Alan Greenspan tells CNBC. He also cites the effects of weakness around the world. Economic growth won’t last as the U.S. labors under the burden of growing entitlement programs and weakness around the world, … Read more
Individual stock pickers have been skewed to sell, global Macros have negative beta, long short beta is low, equity funds had one their worst quarterly outflows since 08 etf flows are just ~13b inflow for the year. So tell me, how the fuck are equities up 24% in a straight line? — Endless Capit🅰️l (@endless_frank) … Read more
https://www.youtube.com/watch?v=7UK0ryy91e0 Comey And McCabe Should Be Charged With Defrauding Americans https://thefederalist.com/2019/04/12/… Ken Starr: Bill Barr Knows Something That Was a ‘Stay Tuned America’ Statement
lol: Amazon reportedly employs thousands of people to listen to your Alexa conversations https://t.co/XMcXftJ97x pic.twitter.com/WKdrtBnu29 — CNN (@CNN) April 11, 2019
by new-monkey The very wonderful Truthstream Media covering the worst ever TED talk. Basically it’s a guy on stage literally telling us not to think independently, and to believe every last fucking thing TPTB tell us without question
by lboog423 When people talk about the idea of secret police and government censorship, they get called “crazy” and “conspiracy theorists”. Snowden and others talked about the secret police stalking Julian Assange. https://twitter.com/Snowden/status/1116295523294748672 Images of Ecuador's ambassador inviting the UK's secret police into the embassy to drag a publisher of–like it or not–award-winning journalism … Read more
by axolotl_peyotl Lasso, a weedkiller produced by Monsanto, has been determined by a court to have caused a French farmer to experience neurological damage. In addition, the company provided inadequate warning labels on the product itself. This is the tip of the iceberg. Monsanto (now owned by Bayer), has gotten away with crimes against humanity … Read more
Hillary Clinton reacts to the arrest of Julian Assange Fox News Published on Apr 11, 2019 The Justice Department charged Julian Assange with conspiracy to help Chelsea Manning hack into the Pentagon to steal information. Hillary Clinton reacts to the arrest of the WikiLeaks founder during a speaking engagement in New York City. #FoxNews … Read more
Theresa May has recently introduced legislation for more internet censorship, May is still fighting against the BREXIT vote of her people, and now they have arrested Assange and gave him a perp walk to send a message to any truth tellers and whistleblowers. The cenorship is getting really ugly. Today marks a huge event in … Read more
by BuzzesWithHive The arrest of #JulianAssange is meant to send a message to all Americans and journalists: be quiet, behave, toe the line. Or you will pay the price. — Tulsi Gabbard 🌺 (@TulsiGabbard) April 11, 2019 The first major US politician to call out the conspirators is … TULSI GABBARD! In the UK, that … Read more
by Mac Slavo of SHTFplan As the retail apocalypse continues to accelerate as we inch toward the middle of 2019, many in the mainstream media seem content to ignore the major problem: debt. The companies closing stores did have the disadvantage of keeping up with Amazon, but the real problem is that the debt load got to be … Read more