Breaking news, updates, and reports on current events.
via Sheila Bair, op-ed via CNBC.com, It is commonly said that a college degree will generate more than $1 million in additional income during a graduate’s lifetime. Indeed, that seductive statistic can even be found on the Department of Education’s website. Unfortunately, I fear many students and their families have borrowed heavily, lured by this seven-figure “college … Read more
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) By Ben Aris BNE Intellinews, Berlin Russia’s gross international reserves, including gold, continue to creep upwards and reached $487.1 billion as of March 22 — enough to cover Russia’s external debt dollar for dollar in cash. In February during his state of the nation speech President Vladimir Putin boasted … Read more
by Raúl Ilargi Meijer Rembrandt van Rijn The Anatomy Lesson of Dr. Nicolaes Tulp 1632 We had already been told that in the Ethiopian Airlines flight ET302 crash which killed all 157 people on board, the 4-month old 737 MAX 8’s anti-stall software reengaged itself four times in 6 minutes as the pilots struggled to straighten … Read more
by Shaun Richards Travel broadens the mind so they say so let us tale a trip to the sub-continent and to India in particular. There the Reserve Bank of India has announced this. On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today … Read more
by GingerRoot96 I’m a socialist. A buddhist. Pro-choice but am against abortion after the initial three months. The late term abortion bill signed into law in New York recently is evil and a abomination. I’m anti-war. I would get US troops out of Afghanistan, Syria and most of the world. No more drone strikes … Read more
Watch the latest video at foxnews.com Democratic presidential candidate Beto O’Rourke is facing scrutiny amid revelations that his previous political campaigns paid around $110,000 to an Internet company that he founded and his wife ran. The former three-term congressman from Texas who’s now a leading 2020 candidate along with U.S. Sen. Bernie Sanders, I-Vt., has long been criticized for … Read more
By John Mauldin The US has been an “island of stability” as economic woes grow all over the world. Other such islands exist, too. Australia is high on the list. The last Down Under recession was 27—yes, 27—years ago in 1991. No other developed economy can say the same. The long streak has a lot … Read more
by Martin Armstrong One of the most ruthless and unconstitutional powers federal judges have is to throw people into contempt until they break. The press NEVER reports the truth about the US legal system; they ALWAYS defend the government no matter what. They love to throw you into solitary confinement where the vast majority of prisoners commit suicide. … Read more
ALLEN, Texas — It was a massive raid in an All-American town. A tip led to the biggest ICE raid in a decade, and it happened here in North Texas. Immigration and Customs officials put 280 people on buses outside an electronics repair warehouse in Allen Wednesday. From WFAA’s chopper, you could see ICE agents … Read more
by Mike Shedlock I just recently spent some time on the Lance Roberts Podcast discussing why the next recession and market downturn. Here is the full interview: However, the short answer is nothing like the last. If you search for “next recession” numerous ideas pop up. Many believe there will not be a recession soon. … Read more
Listen to these liars and cheats: h/t Pink Floyd Forever
Way to handcuff negotiations. Knowing May cannot say no, the EU will ream the UK. Leftist traitors again bow to their globalist masters. https://www.cnn.com/2019/04/03/uk/brexit-no-deal-bill-yvette-cooper-theresa-may-gbr-intl/index.html By the narrowest of margins, the House of Commons voted in favor of legislation which forces the UK government to request another extension to the Brexit process. The bill, which passed … Read more
by Martin Armstrong QUESTION: As of today, Basel III comes in effect. Rumour goes that in a couple of months, there will be a lot of turmoil on the market and it would be the start of the implementation of an SDR like thing where people would lose 20-30% of their value and get stuck with … Read more
https://www.youtube.com/watch?v=pnKWQcppwPI
https://www.youtube.com/watch?v=M5hJO4vMqS8 Trump needs to start putting up the wall between Canada and U.S.. TM
by Michael Snyder The economic numbers just continue to get worse and worse, and at this point it has become exceedingly clear that an economic slowdown is happening. In fact, even the chair of the Federal Reserve is using the term “slowdown” to describe what is taking place. But of course many are still hoping that the … Read more
by Michael Snyder An absolutely devastating disease is wiping out herds of pigs all over Asia, and most people in the western world don’t even realize what is happening. Since it was first detected last August, there have been 116 officially reported outbreaks of African Swine Fever in China, and since that time it has … Read more
by Charles Hugh-Smith Social media offers hope of achieving higher online social status without having to succeed financially in a winner-take-most economy. I’ve often addressed the decline of social mobility and the addictive nature of social media, and recently I’ve entertained the crazy notion that the two dynamics are related. Why Is Social Media So Toxic? … Read more
via CNBC: Short sellers have borrowed $455 million worth of Lyft shares, or 6.61 million shares, according to IHS Markit. The cost to borrow Lyft shares rose to more than 100 percent or about 27 basis points a day, the most expensive U.S. company with more than $5 million in balances to bet against, IHS … Read more
PALO ALTO, Calif., April 03, 2019 (GLOBE NEWSWIRE) — In the first quarter, we produced approximately 77,100 total vehicles, consisting of 62,950 Model 3 and 14,150 Model S and X. Deliveries were approximately 63,000 vehicles, which was 110% more than the same quarter last year, but 31% less than last quarter. This included approximately 50,900 Model 3 … Read more