Breaking news, updates, and reports on current events.
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Hoped-for tax reform & infrastructure spending will disappoint. Stocks have surged to new highs since the election, from already very lofty levels, on the theory that the Trump Administration and Congress would create policies that would pile enormous benefits on Corporate America – and do so pronto. This includes, as President … Read more
By Gabrielle Seunagal Mere hours ago, the mainstream media released a new Morning Consulting + Politico poll claiming that support of Obamacare is now on the rise with 45% of registered voters supporting it. CNBC has also reported that the amount of Americans who oppose Obamacare have dropped by 7%. Unsurprisingly, polls are easily manipulated … Read more
by Umar Farooq We are moving toward an unpleasant milestone set in 2008 – a record amount of household debt. The New York Fed expects household debt to reach its previous 2008 peak sometime this year. The February 2017 Quarterly Report on Household Debt and Credit by New York Fed reports that the collective household … Read more
by Pamela Williams This is technical information on the Oroville Dam that I myself, Pamela Williams, could not give the IWB reader. However, I felt that this is good information from someone who is really familiar with the Dam. Tom says: Of course I would be concerned for all of the people there — I … Read more
by Pamela Williams I want to get this breaking story out to the readers as soon as possible. President Trump has read the Robert Steele memo from my previous report. I will list the previous report, also. Steve Bannon seems to be fighting Robert Steele’s recommendations to Trump to bring additional people into the Team. https://www.youtube.com/watch?v=0KlYBd7qmIg … Read more
by Pamela Williams I am not trying to scare anyone, but honestly you must consider all angles in this breaking news situation on the Orville Dam. This is only one viewpoint from a local Sheriff, but if you are near the Orville Dam you should at least weigh the story against your situation. The water levels … Read more
by Victor Mozambigue Rising household debt is not the only concern for US homeowners. A rising rate of delinquencies is making the credit situation even worse. The Dodd-Drank regulations have helped in tightening the loan bandwagon but the lending crisis doesn’t seem to be going anywhere. US households are deep in debt and it is … Read more
by Pamela Williams President Trump has hired a new National Security Adviser, General H.R. McMaster. He has made it clear to McMaster he has full authority to structure the National Security Team, as he sees fit. To be honest, President Trump is not going to get anyone who does not demand full control of his command. … Read more
https://youtu.be/wfrLkqsEuog During a lively discussion centered on fears that President Trump is “trying to undermine the media,” MSNBC’s Mike Brzezinski let slip the awesome unspoken truth that the media’s “job” is to “actually control exactly what people think.” Good luck given barely anyone watches your show.-Paul Joseph Watson
by Chris Hamilton I’m dazed & confused…economists and the consensus all acknowledge 2001 and 2007 were low interest rate, debt driven financial and economic bubbles. However, somehow today’s even lower interest rate environment resulting in an additional $9.5 trillion in equity valuation from the last bubble peak…this one is legit and isn’t a bubble??? What I’m even more confused … Read more
by Phoenix Capital Research While the financial world continues to delight in Trump Mania, the US economy has rolled over into recession. I realize this sounds completely insane. After all, stocks are at new all time highs and a full 61% of Americans view the economy as “strong.” Unfortunately, this is perception, not reality. … Read more
When O’keefe releases the hundreds of hours of CNN off-air recordings, we will see who the real liars, racists, xenophobics, islamophobics are. O’Keefe was interviewed on Sean Hannity’s radio show where he revealed that a major network has been “stung”. O’Keefe: In the next 48 hours, Project Veritas, like Wikileaks, will be releasing hundreds of … Read more
by Pamela Williams Before I even talk about DHS employees being locked out of the computer system…lets look back at a prior story on DHS. A government watchdog agency is investigating allegations that Department of Homeland Security officials improperly attempted to breach the Georgia secretary of state’s internal elections network last year. In a Jan. … Read more
O’Reilly Factor : Is the media capable of being objective? : 2/20/2017 Is the media really capable of being objective? Democratic strategist Mari Anne Marsh and Fox News contributor Katie Pavlich respond to the media’s object.. Bill O’Riley NAILED IT…owns Mary Ann Marsh was SPEECHLESS…. about MEDIA Negative PRESS CBS/ABC/NBC/CNN She could NOT NAME … Read more
by Umar Farooq Lending subprime auto loans to drivers has reached its peak point in a decade, with U.S. auto debt hitting a record $1.16 trillion in the last quarter of 2016, according to a report from the Federal Reserve Bank of New York. This spells bad news for automakers, who may soon be … Read more
by Mark Angelides As a Brit, it has often baffled me as to the direction that gun control is heading in the U.S. Britain and many other nations have firsthand experience of what happens when stringent gun control laws are brought in: Gun murders rise sharply. If you want the full statistics with tables, check … Read more
By Michael Snyder Current stock market valuations are not sustainable. If there is one thing that I want you to remember from this article, it is that cold, hard fact. In 1929, 2000 and 2008, stock prices soared to absolutely absurd levels just before horrible stock market crashes. What goes up must eventually come down, … Read more
By Michael Snyder Many liberals that are still extremely bitter about the outcome of the election are taking out their frustrations on Trump supporters all over the country. And in some cases, employees are actually being “reassigned”, fired or asked to leave their jobs if they openly admit their support for President Trump. This kind … Read more
Shaeuble says the problem with Greece is not the debt its their reforms. Australia is going to try zero percent down for homes, we all know how that turned out. Macy’s, Walmart and Toy R Us show declining sales. Auto insurance rates have soared by 20% because of texting. Hard data show economy is declining … Read more
by Mark Angelides All Muslims are not terrorists. All Muslims do not want Sharia law. All Muslims do not want everyone else to be Muslim. These statements are all true. And here’s another true statement. having more Muslim immigration to your country will be bad for the majority of citizens, especially those citizens who happen … Read more