Breaking news, updates, and reports on current events.
There’s no shortage of risk taking, that’s for sure. Wall Street is putting its pedal to the metal. This is a huge mistake obviously but you don’t get rewarded by being risk adverse. You get rewarded by extending everything to the absolute maximum and when you fail, the government will bail you out. Not for … Read more
Trump is using the magic wand, the initial jobless claims are the lowest in 50 years. Trump wants to cut the UN budget but congress will not let him. The Fed has not managed the economy, look at their history over the many years, boom and crashes. Trump is looking to nominate a new Fed … Read more
By Nick Cunningham Natural gas prices fell into record negative territory in the Permian basin, dragged down by booming oil production and a limited ability to move gas out of the region. Unlike in other places, such as the Marcellus and Utica shales, natural gas in West Texas is produced as a byproduct. This “associated … Read more
WE KNOW WHAT IS IN THAT FISA DOCUMENT. MASSIVE POPULATION REDUCTION OF THE USA IS PART OF IT. h/t Jake
Sorry CNN, AMERICA is not falling for it anymore You lost all credibility! Fox News’ Tucker Carlson absolutely dominated CNN last week, beating their entire prime time line up combined in total viewers by over 1,000,000 viewers — and CNN is not handling the news well. CNN’s entire prime time line up garnered 2,474,000 total … Read more
by Martin Armstrong Perhaps there is some new plague that only affect politicians on a global scale. It seem no matter what country we look at, it is simply going completely insane. Americans rarely understand Parliamentary politics in London for it is not unusual for Trump to meet with Chuck and Nancy in the White … Read more
Jussie Smollett is about to get sued by the City of Chicago and, in the process, he could effectively go on trial for allegedly faking the “attack.” As we reported, the City of Chicago fired off a letter to Jussie’s people, demanding $130,000 for the cost of investigating the case. Jussie’s people told the City … Read more
by Fabius Maximus The Left has assembled a cohesive bloc of voters: people of color, immigrants, gays, hard-core leftists, radical feminists, single mothers, and fragments of their long-ago core (e.g., union workers and their families). These people have passion about their politics, giving them power greater than the other elements of the Democratic Party’s coalition of … Read more
via Reuters: The largest Democratic field in the modern political era is lining up to seek the party’s 2020 presidential nomination – and is expected to keep growing. The diverse group vying to challenge President Donald Trump, the likely Republican nominee, includes six U.S. senators. A record six women are running, as well as black, Hispanic … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Then there’s the sinkhole of $1.5 trillion in MBS and $617 billion in Treasuries that mature in over 10 years. In March, the Fed shed $34 billion in assets, according to the Fed’s balance sheet for the week ended April 3, released this afternoon. This reduced the assets on its balance sheet … Read more
by Charles Hugh-Smith Zombification / Japanification is not success; it is only the last desperate defense of a failing, brittle status quo by doing more of what’s failed. A recent theme in the financial media is the Japanification of Europe.Japanification refers to a set of economic and financial conditions that have come to characterize Japan’s economy over … Read more
by Michael Snyder Over the last 30 years, there has been a mass exodus out of organized religion in the United States. Each year the needle has only moved a little bit, but over the long-term what we have witnessed has been nothing short of a seismic shift. Never before in American history have we … Read more
by Michael Snyder As soon as Jordan Peele’s smash hit “Us” was released in theaters, hundreds of thousands of people started searching Google for Jeremiah 11:11. We are never told what it actually says, but it appears repeatedly throughout the film. As you will see below, there is a lot of speculation that it was … Read more
Don’t believe what the Democrats and the mainstream media are telling you when they say there is no crisis on the Southern U.S. border. That’s a huge lie, and the numbers speak for themselves. There was more than 100,000 apprehensions of illegal aliens in the month of March alone. Experts say the crisis is “manufactured.” … Read more
by lilganj710 And the most ironic thing about it is that Orwell was trying to disparage authoritarianism, but his imaginary dystopia has only become real in good old capitalist ‘Murica. In case you haven’t read 1984, the society which the main character lives in, Oceania, is constantly at war with one of the other two … Read more
By Tsvetana Paraskova Forces loyal to Libya’s eastern strongman General Khalifa Haftar are advancing west towardthe capital Tripoli in a renewed confrontation between the rival administrations that could escalate and threaten to disrupt, once again, Libya’s oil production and exports. Haftar leads a self-styled Libyan National Army (LNA) with a base in the eastern city of … Read more
By Julianne Geiger As if the solar industry didn’t already face significant headwinds on its way toward world domination, a Facebook page called Solar Energy Today has promised solar energy tax credits or rebates to thousands of unsuspecting Facebook users—tax credits that do not exist, according to the Associated Press. The scam apparently spent $2.4 … Read more
via breitbart: DACA illegal immigrants should be hired to help prepare laws for 330 million Americans, according to a draft bill introduced by Democratic presidential candidate Sen. Kamala Harris (D-CA) and 20 other Democratic senators. “The giant sign outside my office says ‘DREAMers Welcome Here’ because we know and value the contributions that these young people have … Read more
by TrailDust FARRAKHAN CLAIMS JESUS DIDN’T DIE ON THE CROSS, ‘GOD DOES NOT LOVE THIS WORLD’ About the spirit of antichrist… “Little children, it is the last hour: and as you have heard that Antichrist cometh, even now there are become many Antichrists: whereby we know that it is the last hour.” — 1 John 2:18 “Many … Read more
by WARREN MOSLER Expect Pre-Earnings Frowns to Turn Upside Down (WSJ) Analysts polled by Refinitiv think earnings per share for companies in the S&P 500 will be down 2% from a year earlier. The number of companies that have had negative first-quarter earnings warnings so far has outpaced those with positive preannouncements by a 2.8-to-1 … Read more