Breaking news, updates, and reports on current events.
by Lance Robert All it took was two 10% stock market corrections in a single year and some heavy “browbeating” from President Trump to reverse Jerome Powell’s hawkish stance on hiking interest rates. On Wednesday, Powell took to the microphone to give the markets what they have been longing for – the “Powell Put.” During his speech, Powell took … Read more
by WARREN MOSLER Trade deficit still increasing: Highlights The goods portion of October’s trade deficit is deeper than expected, at $77.2 billion vs expectations for $76.9 billion and compared with a monthly average in the third-quarter of $74.6 billion. October’s data opens fourth-quarter net exports on a negative note following the third quarter when trade … Read more
Do you think we will see DEFLATION or INFLATION first? The next financial crisis will be much worse than 2008. It’s simple to understand why. We have decided not to fix the issues which were exposed in 2008 and instead actually just paper over them. This has fully resulted in a guaranteed catastrophic end. When … Read more
Cillian Zeal for the Conservative Tribune reports, So, birthright citizenship has been very much in the news as of late, with President Donald Trump saying he’s planning to end birthright citizenship — the policy of conferring American citizenship on anyone born on American soil no matter what the legal status of their parents — by … Read more
Steven Beyer for the Western Journal reports, Chick-fil-A is firing back after Rider University has said it does not want the fast food chain to appear on its campus due to Chick-fil-A’s Christian values. https://www.youtube.com/watch?v=KRUdwp4ny5w Read More/Source/Credit/FairUse: https://www.westernjournal.com/chick-…
The demonstrators in Belgium, dressed in the yellow jackets that have become a symbol of the protests in France, have gathered close to the district where the Belgian government and parliament are based. https://sputniknews.com/europe/201811301070274770-protest-yellow-vest-brussels/ Police cars are burening, Live: https://www.hln.be/nieuws/binnenland/live-protest-gele-hesjes-in-brussel-escaleert-combi-s-in-brand-gestoken-politie-zet-waterkanon-en-extra-manschappen-in~afa5221c/?referer=https%3A%2F%2Fwww.godlikeproductions.com%2Fforum1%2Fmessage3938546%2Fpg1
This event is pretty damn scary if one stops to contemplate what can be done with stolen passport numbers. Marriott’s Starwood database was breached, potentially exposing 500 million guests from CNBC. https://www.cnbc.com/2018/11/30/marriott-says-its-starwood-database-was-breached-onapproximately-500-million-guests-.html 500 Million Affected In Massive Marriott Data Breach; Names, Passport Numbers Stolen By Hackers https://www.zerohedge.com/news/2018-11-30/500-million-affected-massive-marriott-data-breach-names-passport-numbers-stolen SNIP “The information compromised includes sensitive details including … Read more
BY JOHN MAULDIN The US government on-budget deficit was $100.5 billion in October. It was $63.2 billion in the same month a year earlier. I see little hope it will reverse. There is no appetite in Congress or the public for lower spending. Nor will we see the kind of tax policy changes that would generate … Read more
https://www.youtube.com/watch?v=sOCOHgyx7c0 Clinton saying Europe needs to curb migration, the only problem with that is you’re 50 years too late, at least here in the UK. Closing the door once the horse has bolted springs to mind. SC
Michael Barone: Who’s to blame? Weak leaders, weak institutions, weak voters? In the wake of the midterm elections, conservative analyst Yuval Levin saw no winners. “It is the weakness of all sides, and the strength of none, that shapes this moment.” You can see what he means. President Trump hasn’t gotten everything he wanted — … Read more
by Martin Armstrong The press is all abuzz about the suicide rate is up 33% in 20 years and they blame the lack of funding as if this alone will cure the problem. They never seem to simply correlate this with economics. Now we have more than 47,000 Americans committed suicide in 2017, according … Read more
by Martin Armstrong Professor Valentina Zharkova gave a presentation of her Climate and the Solar Magnetic Fieldhypothesis at the Global Warming Policy Foundation in October 2018. At the core of her work on the solar background magnetic field observed from the Earth, she revealed four pairs of dynamo waves, the pair with the highest eigenvalues are … Read more
by WhenImTryingToHide THE GAME DEVELOPERS The people who make the games themselves that people compete in will clearly be the benefactors of these trends. The challenge here is that the people who make traditional games may not be the same people that make the games that fuel eSports and even game streaming. But some names to … Read more
Dr. Dave Janda discusses: why he retired from being an orthopedic surgeon due to Obamacare, how he was being told how to treat patients against what he knew would help them the corruption of the Federal Reserve President Trump will oversee the bankruptcy of the US. He makes a point I wish everybody would listen … Read more
A new invasive tick species capable of transmitting several severe diseases is spreading in the United States, posing an emerging threat to human and animal health, according to a pair of reports issued Thursday. The Asian longhorned tick is the first invasive tick to arrive in the United States in about 80 years. It’s native to … Read more
by ogordained UNITED STATES Futures are down ahead of the G20 summit Donald Trump canceled a meeting with Vladimir Putin at the G20 summit in Argentina. Trump will meet with Xi Jinping to discuss the trade war The Fed will likely continue its rate-raising campaign in December “another increase in the target range for the federal funds rate was likely to be … Read more
by sundance Former FBI Director James Comey filed a motion today to avoid a congressional subpoena requiring testimony on December 5th to a joint House committee. James Comey is attempting to limit his legal risk exposure by controlling the venue for testimony. (Tweet Link – Document Link) In an open or public hearing classified information cannot be discussed. The primary … Read more
JAZZ SHAW: Well, Look Who Was Sneaking Into The US With The Caravan. You’ll never guess. Or maybe you will: When the media was showing all of the pictures of women and children in the caravan and chastising the White House for saying the group contained gang members, I guess the photographers somehow missed this guy. … Read more
SURPRISING EXACTLY NO ONE WHO’S BEEN PAYING ATTENTION: Japan preparing to put US-designed stealth jets on an ‘aircraft carrier.’ Japan is preparing an order for roughly 100 US-designed F-35 stealth fighter jets in a deal that could potentially upend the balance of power in Asia, according to sources familiar with the process. That order would include … Read more
by Martin Armstrong QUESTION: What mechanism prevents banks from creating fraudulent electronic deposits of currency? As an IT systems admin, I have the ability to add / subtract / adjust ERP systems inventory / costing outside the normal users ability. I could add widgets to the system at will, but fraud can’t be sustained very long, … Read more