Capital is shifting on rising wave 2 risk…

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Our Index of At-Home equities is back at the March highs relative to the S&P 500. Capital is shifting on rising wave 2 risk… pic.twitter.com/La81beddXP — The Bear Traps Report (@BearTrapsReport) June 18, 2020 https://twitter.com/NorthmanTrader/status/1273670155533418497 https://twitter.com/Fxhedgers/status/1273426389627056128 TEXAS VIRUS CASES JUMP BY RECORD 3,516 TO ALMOST 100,000: STATE — zerohedge (@zerohedge) June 18, 2020  

Zero Hedge: “there is a full blown assault against this website”

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(by Half Dollar) The Internet Censorship certainly is real. I mean, nobody wants to give us the time of day because we’re supposedly some fringe website (PropOrNot credentials here) for a rag-tag group of Russian Propagandists, tin-foil hat wearin’ conspiracy theorists, wannabe traders, CIA shills, and don’t get me started on what else we’ve been called. … Read more

Shedlock: The Myth of the V-Shaped Recovery in One Chart

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by Mike Shedlock Retail sales surged in May but manufacturing is another story. The Fed’s Industrial Production and Capacity Utilization puts a big negative spotlight on the emerging V-shaped recovery thesis. Industrial Production Highlights Industrial production increased a weaker than expected  1.4% in May. The Econoday consensus was 2.9%. A negative revision took April from -11.2% to -12.5% … Read more

Seattle Mayor Jenny Durkan: Protection for me but not for thee

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by DCG Shot: Chaser (who is that behind the mayor’s left shoulder?): Earlier today, I visited the #CHAZ and met Marcus Henderson, the person behind the new community garden popping up in Cal Anderson Park. Read more about Marcus and the work that’s gone into creating the gardens: https://t.co/mobTYoWIcK pic.twitter.com/82lyVxyyV1 — Jenny Durkan (@MayorJenny) June 13, … Read more

Email From a Seattle Police Officer

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This is from a Seattle police officer. He is the brother of my friend here in Houston and sent this email to his family from Seattle where he works. According to his request, his name will not be given. *************************************************************​*************************** From a Seattle Police Officer Hey guys, I have a little down time so here … Read more

Georgia mayor under fire following controversial Facebook post about privilege

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Facebook Post: View post on imgur.com Ben Rozier What is privilege?…. Privilege is wearing $200 sneakers when you’ve never had a job. Privilege is wearing $300 Beats headphones while living on public assistance. Privilege is having a Smartphone with a Data plan which you receive no bill for. Privilege is living in public subsidized housing … Read more

Welcome to The Purge

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Welcome to The Purge. https://t.co/km3B1hh3ya — Ian Miles Cheong (@ianmiles) June 18, 2020 🚨BREAKING: Chaz Tourism Video pic.twitter.com/P3b7Z0RFjc — Benny Johnson (@bennyjohnson) June 17, 2020 Professor Warns CIVIL WAR May Be Next Step Of Civil Unrest As Cops Quit While Antifa Escalates. A Professor warned 10 years ago that we would face widespread civil unrest … Read more

Lots of people are looking at this situation in Seattle, and asking WHY nothing is being done. Allow me to explain.

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by QuantumLove THIS IS BAIT for PDJT(President DJT). Just in case anyone needs a primer, under our system of government, use of the national guard in a state is the responsibility of that state’s governor. Many people believe that the president is the one who activates the guard for things like this. He can FEDERALIZE the … Read more

[Project Veritas] Internal facebook document leads to suspension of account involved in H-1B policy doc, even though facebook says leaked document is fake… if it was fake. Why suspend the account?

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POTUS needs to get on this shit. These visas were a big voting issue for me in 2016. Not that I was even pondering HRC of course, but this was up there with illegal immigration for me. These visas are not being applied in the spirit of how they’re advertised. They never have been and … Read more

The DOJ proposes new legislation that would hold Facebook, Google and Twitter liable for harmful content posted by users

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Lawmakers want to roll back the legal shield for Big Tech Senator Hawley, one of the key people who sponsored the bill, said in a statement that “for too long, Big Tech companies like Twitter, Google and Facebook have used their power to silence political speech from conservatives without any recourse for users. Section 230 … Read more

IRS Permitting Mid Year Changes to Medical Plans/HSA & FSA Contrinutions

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by HuskerLiberal​ https://www.employmentlawworldview.com/irs-guidance-provides-employers-with-the-ability-to-offer-a-second-open-enrollment-period-for-the-2020-plan-year-and-provides-greater-flexibility-for-making-mid-year-cafeteria-plan-elections-us/ Just like the 401k and student loan reimbursement provisions in the CARES ACT, employers coho choose to participate have the ability to offer unprecedented mid-year changes to medical plans and contributions. My company’s executive leadership team has yet to agree to this… in part because of the logistical issues of processing changes … Read more

Rent vs. Buy – a restrospective

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by cjw_5110​ I see a lot of posts on this forum that ask the rent vs. buy question. There are plenty of calculators out there, some more elaborate than others, but the basic gist of it is that your break-even point is typically around the 5-7 years mark. My wife and I bought our first … Read more