On Wire

Title: Minority Leader of House of Representatives Salary: $193,400 http://www.davemanuel.com/pols/nancy-pelosi/ So how rich is Nancy Pelosi? According to the Center for Responsive Politics, the San Francisco democrat is the ninth wealthiest member of Congress and has a colossal net worth of $196,299,990. To quote Pelosi during a recent speech about economic inequality: “Something is wrong … Read more

Dailycaller reports: President Trump criticized James Comey on Tuesday night, just hours before the FBI director testifies before the Senate Judiciary Committee. Trump accused Comey of giving Hillary Clinton a “free pass” in the investigation into whether she mishandled classified information on her private email server. It is unclear what exactly prompted Trump’s outburst, though … Read more

Daniel Lang May 3rd, 2017 SHTFplan.com There aren’t any surefire ways to tell if the stock market, and perhaps the rest of the economy, is about to take a nosedive. That’s because millions of people with millions of ideas are involved, so it’s an inherently unpredictable system. However, there are certain players in our economy … Read more

by Mark Angelides   This Sunday, the French people will go to the voting booths with a choice between Emmanuel Macron and Marine Le Pen for the Presidency of France. So far, it looks set to be a landslide for the Pro-EU Macron, but there has been some slight movement on the polls that show … Read more

by Mark Angelides Recent figures show that in the UK, more than 50% of households receive more in State benefits than the pay in direct taxes (income tax, VAT etc…) to the Government. The Centre for Policy Studies says that “the average household paid £13,402 in taxes in 2013/14. Yet it received £12,939 in cash … Read more

Milkenreview.org reports: Over the past two generations, America has suffered a quiet catastrophe in the collapse of work for men. In the half-century between 1965 and 2015, work rates (the ratio of employment to population) for the American male spiraled relentlessly downward — a seeming flight from work in which ever-greater numbers of working-age men exited … Read more

BY SRSROCCO After the U.S. economy disintegrated in 2008, due to the Banking and Housing crisis, Americans pawned off a record amount of gold.  How much gold?  Nearly, 32 million oz (1,000 metric tons).  That’s one heck of a lot of gold.   Matter-a-fact, U.S. gold scrap supply at its peak of 160 metric tons (mt) … Read more

by Pamela Williams Congress member Fred Upton of Michigan, who until January had been chair of the House Energy and Commerce Committee, one of the main health care legislating committees in Congress, officially came out against the American Health Care Act on Tuesday.  Upton made the announcement during a local radio interview, and his office confirmed … Read more

by Michael Snyder There has been a tremendous amount of talk about the spending deal that was just reached in Congress. Most of the focus has been on who “won” and who “lost” politically, and if you have been keeping up with my articles you definitely know my opinion on the matter. But what nobody … Read more

by Robert Carbery Hillary Clinton is still in denial over her loss to Donald Trump in last November’s election.   The former Democratic presidential nominee spoke during a recent interview on CNN, explaining why she thinks she lost.   She’s still blaming it on FBI Director Jim Comey’s “meddling.”   “I was on the way … Read more

By Gabrielle Seunagal It appears that GOP leaders might actually be completely unfit to be calling the shots in Washington. Everyone in America knows that the Republican Party has control of the White House, the Senate, and House of Representatives, yet there is still serious talk about an impending government shutdown. Earlier today, President Trump … Read more

By Michael Snyder One sector of the economy that is acting as if we were already in the middle of a horrible recession is the auto industry.  We just got sales figures for the month of April, and every single major U.S. auto manufacturer missed their sales projections.  And compared to one year ago, sales … Read more

by Umar Farooq   Only a few months ago the digital currency was priced at around $1,200. In the short time since the price has jumped to more than $1,400, according to the CoinDesk Bitcoin Price Index.    Source: mashable As CoinDesk noted, this is an “all-time high” for the cryptocurrency, which saw a big increase at the beginning … Read more

by Pamela Williams   This report is based upon the following:   “This week marked the first 100 days of Donald Trump’s presidency and it was unlike anything anyone has ever seen before. From the nominations of unqualified cabinet secretaries like Betsy DeVos and Scott Pruitt, to the failed attempt at banning Muslim refugees from our … Read more

by Pamela Williams   I was interested in knowing what is being said in South Korea now that the THAAD Missile System has become operational by the United States.  There has been talk of South Korea’s unrest concerning the THAAD deployment, and one has to understand their point of view.  It puts them between a rock … Read more

Conservatives are blasting the five-month, fiscal 2017 spending deal written by Republicans and Democrats as nothing short of a “cave in” by the GOP despite its control of both the House, Senate and White House. The deal, conservatives say, will make the fiscal 2018 spending process even more difficult. <snip> The fiscal 2017 spending plan … Read more

by Umar Farooq   Apple’s stock is driving upwards due to investors’ expectations that the new iPhones launch, due in September, on the 10th anniversary of the original iPhone’s introduction, will be dazzling enough to inspire existing iPhone users to upgrade and prompt others to switch from Android phones made by Samsung, Huawei and other … Read more

by Mark Angelides   When a party loses an election, the first thing they traditionally do is reflect on why they lost and how better to ensure victory next time around. But it has taken the Democrats a while to get to this position. They first began the blame game: Racists and Misogynists etc… Then … Read more

by Mark Angelides The MSM spin endless stories of how young Western Muslims are being radicalized by tech-savvy Jihadis, and provided with funds and training through secret camps and clever banking trails. But it’s ludicrous. The people we are now bombing are nothing more than idiots, led by slightly less idiotic people with slightly better … Read more

Just like the previous financial crisis and the subsequent shadow banking crisis began in the US, storm clouds are brewing in Canada. First, it was Home Capital Group losing 70% of its deposits last week, then it was Equitable Group Inc. losses announced today. –read both stories for the bloomberg link https://www.bloomberg.com/news/articles/2017-05-01/home-capital-s-next-hitch-is-keeping-cash-crunch-under-control Now, a mysterious … Read more

By Michael Snyder Why do things never seem to change no matter who we send to Washington?  It seems like for decades many of us have been trying to change the direction of this country by engaging in the political process.  But no matter how hard we try, the downward spiral of our nation just … Read more

By Gabrielle Seunagal Vermont Senator and former Presidential candidate Bernie Sanders started the month of May by campaigning against economic inequality. In his 30-minute speech, Sanders proposed a $15 minimum wage, three months of guaranteed paid family leave, free college, and a single payer healthcare system. Sanders asserted that a “progressive agenda” would meet the … Read more

by AMY S. As time passes in the 21st century, things seemingly look to become worse throughout time, Time no longer plays the role of fine wine and becomes better over time, rather it seems to be worsening and rotting out.  This consistent time of rotting, poor decision-making, and poor leadership leads to countries and … Read more