Craig Hemke – Trump Feel Good Financial Narrative Crumbling, Markets Held Together With Electronic Bailing Wire & Digital Chewing Gum

Financial Writer Craig Hemke says the system is being propped up and is very weak dispite the record stock markets prices. Hemke contends, “These markets are quite literally held together by . . . electronic bailing wire and digital chewing gum. . . . When you see this disconnect from economic reality, you know, hardly … Read more

A Rising (Central Bank) Tide Turns Everyone into a Genius

by Charles Hugh-Smith Until the system implodes–you’re a genius. So you’ve ridden the markets higher–stocks, housing, commercial real estate, bat guano, quatloos, you name it–everything you touch turns to gold. What can we say, bucko, other than you’re a genius! It’s a market truism that rising tides lift all boats. But that’s not the really … Read more

The Enormous Contradictions Behind the Mass-Immigration Debate – or – How to Win Any Argument With Style

by Mark Angelides We have all heard the arguments and the figures relating to the benefits of mass-immigration from poorer countries to richer countries. The advocates have shown us “irrefutable figures” that detail the economic benefits; they have berated us for our lack of morality. And the sad truth is, the argument can never be … Read more

The Democrats Get Trump And The Republicans To Fold, And That Means There NEVER Will Be A Border Wall

By Michael Snyder Well, that didn’t take long.  Yesterday I reported that the Democrats were threatening to force a government shutdown if money for a border wall was included in the bill to fund the government, and one day later Donald Trump has unconditionally surrendered.  Despite all of Trump’s promises, a border wall isn’t going … Read more

Judge William Orrick is a Disgrace to America

By Gabrielle Seunagal Life continues to prove that so called authority figures are not always as intelligent and wise as people would like to believe. This unfortunate truth reared its ugly head once again when a California judge made the foolish decision to block President Trump’s movements and withhold funds from cities that refuse to … Read more

The Housing Bubble Is Back – With One Big Departure From 2007: Today It's Part Of A Constellation Of Bubbles That Includes Government Bonds, Equities….

by John Rubino Last week I ran into a friend whom I’d been worrying about. He’s a real estate appraiser and his work had been drying up as interest rates rose and homeowners stopped refinancing their mortgages. But now he’s back to being happily swamped because instead of refinancing, everyone is buying — often, he … Read more

Judge Blocks Trump Order On Sanctuary City Funding After New York Joins California In Sanctuary State Stupidity

by Robert Carbery A federal judge on Tuesday, the 25th blocked a Trump administration order withholding funding from communities that fail to enforce federal immigration law or cooperate with US immigration authorities in another big blow to the Trump’s plan to “Make America Great Again.”   This news is just breaking today so more to … Read more

Trump Border Wall Request Only Equals 0.035% Of Federal Spending And Guess Who Still Wants Congress To Postpone Border Wall Funding

CNS News reports: President Donald Trump’s request that Congress include $1.4 billion to fund the beginning of his proposed wall on the U.S.-Mexico border equals approximately 0.035 percent of what the federal government will spend in total this year, according to the latest estimate of fiscal year 2017 federal spending made by the Congressional Budget … Read more

Housing's Echo Bubble Now Exceeds the 2006-07 Bubble Peak

by Charles Hugh-Smith If you need some evidence that the echo-bubble in housing is global, take a look at this chart of Sweden’s housing bubble. A funny thing often occurs after a mania-fueled asset bubble pops: an echo-bubble inflates a few years later, as monetary authorities and all the institutions that depend on rising asset … Read more

Democrats: Trump Must Surrender On Funding For A Border Wall To Avoid A Government Shutdown On His 100th Day In Office

By Michael Snyder Is Donald Trump going to unconditionally surrender to the Democrats and completely give up his dream of building a border wall in order to avoid a government shutdown on his 100th day in office?  As I have warned before, the Democrats are perfectly willing to force a government shutdown if the Trump … Read more

The Next Bubble to Burst Will Be Worse Than the Subprime Mortgage Crisis

by Robert Carbery Due to the federal government’s own reckless housing policies in the run-up to the financial breakdown in 2008, the world economy came crashing down.   The seeds of the crisis were planted during Bill Clinton’s administration when Congress enacted affordable housing goals for Fannie Mae and Freddie Mac, two government sponsored entities … Read more

Economic Impact of Privatizing the Student Loan Marketplace

In the past, most attempts to trim the economic fat from the federal budget have failed. Generally, federal spending continues to rise year over year and our national debt increases alongside it. As interest groups promote their favorite government programs and entitlements, national spending has increased regardless of demonstrable benefits. However, the Trump Administration has … Read more

A Look In To The London’s Housing Market; Is The Biggest Annual Decline In Almost Eight Years Pointing Towards A House Price Crash In London

by Umar Farooq   The Brexit vote, unaffordable valuations, and tax increases on investors are all taking its toll on the London’s housing market. All these factors cumulatively have shunned demand and has caused the biggest annual decline in eight years in the London’s housing market.     Source: Bloomberg   The loss of momentum … Read more

EVENTS You Need To Know About Today April 24, 2017 – Times Extremely Important.

by Pamela Williams   Now lets look at the latest out of North Korea:  North Korea threatens nuclear war ahead of Trump meeting with U.N. Security Council. North Korea released statements Saturday saying, “U.S. muscle-flexing can never browbeat DPRK,” threatening “a nuclear war” against the U.S. if it is attacked.  The statement continues:  “The DPRK will … Read more

FOX NEWS Under Attack – Only Mainstream News Media Left Who Reports The Truth – Sean Hannity Being Sued For Sexual Harassment BUT TAKING LEGAL ACTION.

by Pamela Williams OK…I am saying now that my theory is FOX NEWS is under attack by Liberal Globalists, who seek to manipulate the Mainstream News Media, as FOX is the only channel left who reports the truth.  I feel  before the attack is complete, the voice of FOX NEWS will be silenced.  Fox is the … Read more

BREAKING: Closed Door Meeting At The White House – Situation With North Korea Fluid.

by Pamela Williams This is the latest report from a news source I trust: #BREAKING – Janey #News on #NorthKorea 4-24-17https://t.co/eETwenqpHC#Vinson #CCOT #TCOT #WWIII #GothamShield #WakeUP pic.twitter.com/qAxIAlpgjp — ladynada (@heartdaughter) April 24, 2017 As you can see we have a closed door meeting happening now at the White House.  The situation with North Korea is fluid, … Read more