The Paycheck Protection Program (PPP) is Helping These Industries the Most

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by howmuch Congress is returning to the Capitol to discuss another round of economic stimulus as the coronavirus pandemic rages on across the South and West. Nancy Pelosi wants more than $1.3T in aid, while Donald Trump says he wants a payroll tax cut. With the deficit already climbing to dizzying heights at $864B in June, it might be helpful to … Read more

Petition Calls For Trader Joe’s To Change It’s Packaging Because … Racism

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MARINA DEL REY (CBSLA) — Trader Joe’s says it is taking action after a Change.org petition called for it to change “racist” packaging. According to the petition, which has been signed by more than 1,800 people at last check, “the grocery chain labels some of its ethnic foods with modifications of ‘Joe’ that belies a narrative … Read more

Inflation: This Time Is Different

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by Alasdair Macleod via Mises Bank lending is contracting, and it is important to understand why. At this stage of the credit cycle, which began expanding following the aftermath of the Lehman crisis over a decade ago, a sharp contraction of bank credit to nonfinancials is normal. It is what drives periodic recessions, slumps, and depressions, and monetary … Read more

Acting Deputy Secretary Ken Cuccinelli: The New York Times is Deliberately Encouraging Violence Against Tucker Carlson’s Family

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https://twitter.com/JordanSchachtel/status/1285381664093413376 That is clearly their intent https://t.co/bq0r1TeVHS — Acting Deputy Secretary Ken Cuccinelli (@HomelandKen) July 21, 2020 Tucker responds to intrusive reporting by New York Times https://twitter.com/dbongino/status/1285389889031282688?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1285389889031282688%7Ctwgr%5E&ref_url=https%3A%2F%2Fthedonald.win%2Fp%2FGIumchc0%2Fdan-bongino-the-ny-times-wil%2Fc%2F   Tucker Carlson accuses NYT of endangering his family with forthcoming story… PAPER DENIES… FANS DOX REPORTER… MEDIA WARS INTENSIFY…   SUMMER’S HERE, AND THE TIME IS RIGHT, … Read more

The Real Unemployment Rate Is 21%… And Heading Higher

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Authored by Charles Hugh Smith via OfTwoMinds blog, As businesses, agencies and organizations recalibrate to the reality that the V-shaped recovery was nothing but a brief fantasy, 6 million additional jobs lost may be a best-case scenario rather than the worst-case scenario. It is somewhat less than reassuring that the “official” unemployment rate of around … Read more

Robinhood and How to Lose Money

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For each share of stock traded, Robinhood made four to 15 times more than Schwab in the most recent quarter, according to the filings. In total, Robinhood got $18,955 from the trading firms for every dollar in the average customer account, while Schwab made $195, the Alphacution analysis shows. Industry experts said this was most … Read more

Will There Be A Mean Revision In Margins?

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by UPFINA The ‘long term’ is relative. A trader can think 5 minutes is the long term, while someone else can think 15 years is the long term. In our Twitter poll, 49.6% of 113 voters said the long term is about 5 years for investments (26.5% said 10 years or more). Time horizons make markets. … Read more

Why we are now calling for the arrest, prosecution and EXECUTION of all corporate leaders who collude with communist China to suppress human rights

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by: Mike Adams (Natural News) Communist China is the most treacherous and cruel government regime in the world. The regime has no regard for human rights or civil rights and routinely engages in heinous activities that violate the fundamental principles of human rights, such as: Arresting and disappearing political dissidents who oppose the CCP regime. … Read more

Little Adam Schitt Crying About Congress Being A Victim Of Disinformation — Foreign Election Interference

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We're gravely concerned Congress appears to be the target of a foreign interference campaign that seeks to launder & amplify disinformation. We're urging the FBI to provide all Members a defensive counterintelligence briefing before August. Americans decide American elections. pic.twitter.com/UuNT9AZ093 — Adam Schiff (@SenAdamSchiff) July 20, 2020     h/t CrsCrpr

Peter Schiff Explains How Government Loans Created The Student Loan Crisis

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The Joe Rogan Experience, Released on 7/15/20 Peter explains how government loans have driven up the cost of college tuition and and created the student loan racket. Watch the entire interview here: https://marketsanity.com/peter-schiff-joe-rogan Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and … Read more

McCloskeys Charged With Felony — Governor Says He’ll Pardon Them

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St. Louis couple charged for pulling guns at protest ST. LOUIS (AP) — St. Louis’ top prosecutor on Monday charged a white husband and wife with felony unlawful use of a weapon for displaying guns during a racial injustice protest outside their mansion. Mark and Patricia McCloskey, who are both personal injury attorneys in their 60s, also face … Read more

Trump says he may send more covert paramilitary ops to New York, Chicago, Philadelphia, Detroit, Baltimore, Oakland, & other cities

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#BREAKING: President Trump says he may send "more federal law enforcement" to New York, Chicago, Philadelphia, Detroit, Baltimore, Oakland, and other cities to deal with unrest: "In Portland they’ve done a fantastic job." pic.twitter.com/Pe6aDv6AVt — The Hill (@thehill) July 20, 2020 IN 2020, DEMOCRATS DEFINITELY DESERVE THE SCARE QUOTES: Trump to send federal forces to more … Read more