Politics Rasmussen: Black Approval For Trump Surges to Over 40%

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WELL, THAT’S NOT THE NARRATIVE: Black Likely Voter Approval of Trump at 41%. Hey, maybe that’s why the Democrats are so anxious to push protests and a racial-polarization campaign. Related: Democrats Scramble to Win Over More Black Men: Some black voters are attracted to what they describe as President Trump’s tell-it-like-it-is demeanor, surveys found. “Black Americans are one of … Read more

“Congress Subpoena’s 33 Former Obama Officials In ObamaGate Probe, Files 8 Criminal Referrals”

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“Congress Subpoena’s 33 Former Obama Officials In ObamaGate Probe, Files 8 Criminal Referrals” Senate Republicans approve subpoenas for ex-Obama officials on Russia probe origins Democrats are decrying the investigation as election-year politics meant to rewrite the narrative of special counsel Robert Mueller’s investigation. https://www.nbcnews.com/politics/congress/senate-republicans-approve-subpoenas-ex-obama-officials-russia-probe-origins-n1224896   h/t dr0id

Looks like even this race baiter has been red pilled. Why are only Democrat run cities burning?

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by Playaguy   It’s almost like they are willing to sacrifice entire neighborhoods in the name of protests. Oh, and don’t forget insurance companies are rich because they don’t pay out, not because they do. AMID DEMONSTRATIONS, LIBERAL ELITES PRAISE VIOLENCE AS PROTEST TOOL: There’s an astonishing story in the Boston Globe-Democrat — it’s hard … Read more

NYC Mayor de Blasio in PANIC MODE After THOUSANDS Flock to His House with RAGE

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https://www.youtube.com/watch?v=32uyzyndTa4&list=WL&index=9&t=0s Nick Arama from RedState reports, Thousands of protesters have marched on the home of Mayor Bill de Blasio calling for him to resign. It was actually even larger than that would appear, it reportedly stretched for 19 blocks. They reached the home and demanded he go. Read More/Source/Credit/FairUse: https://www.redstate.com/nick-arama/2020/06/02/thousands-of-protesters-march-on-the-home-of-nyc-mayor-de-blasio-demand-he-resign-for-how-hes-handled-the-city/

BlackLivesMatter Official Web Site Lists Destroying the “Western-prescribed nuclear family structure” as One of Their Goals

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  BlackLivesMatter Official Web Site Lists Destroying the “Western-prescribed nuclear family structure” as One of Their Goals “We disrupt the Western-prescribed nuclear family structure requirement” View post on imgur.com https://blacklivesmatter.com/what-we-believe/   UPDATE: Now Covered by Tucker Carlson Tucker Carlson Calling Out The Corporations Sponsoring These Riots "The Black Lives Matter foundation says that one of … Read more

CRAMER: Pandemic led to ‘one of greatest wealth transfers in history’

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The coronavirus pandemic has produced “one of the greatest wealth transfers in history,” CNBC’s Jim Cramer said. “The bigger the business, the more it moves the major averages, and that matters because this is the first recession where big business … is coming through virtually unscathed,” the “Mad Money” host said. “I think we’re looking at … Read more

Consumer Faces A Major Problem

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by UPFINA On the one hand, the consumer had deleveraged this past economic cycle. However, many people were still hurting. The bottom 50% which don’t own stocks are mostly struggling. In the recent expansion there was much less bad housing debt compared to the prior cycle. The 2000s was probably the worst period for consumers’ balance … Read more

OMFG – this is the level of CNBC’s analysis. It’s beyond laughable they published this chart. Is it April 1st? Do they even understand WHY this chart is so misleading?

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OMFG – this is the level of @cnbc’s analysis. It’s beyond laughable they published this chart. Is it April 1st? Do they even understand WHY this chart is so misleading? https://t.co/q78iON80De — Dr. Chris Dark (@Darky999) June 5, 2020 This is the same dynamic as why people misinterpret PMIs too. MoM vs absolute numbers — … Read more

Greed is through the roof.

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by jbray1 19 stocks in the S&P 1500 were up over 30% TODAY. — Bespoke (@bespokeinvest) June 5, 2020 https://t.co/vGOYWEqN3I — M/1_LP (@MI_Investments) June 5, 2020 Hello rational traders let the Robinhood rub your nose into it https://t.co/9udoI8qeIv — Sunchartist (@sunchartist) June 5, 2020 This is funny. https://t.co/eNIfIyHKPg — Guy LeBas (@lebas_janney) June 5, 2020 … Read more

The Federal Reserve’s Balance Sheet changes as of June 3, 2020

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https://www.federalreserve.gov/releases/h41/current/ Scroll down to 4. Consolidated Statement of Condition of All Federal Reserve Banks The takeaways are the following: The fed bought $24B in US treasury securities over the last week. The total amount of treasuries in the balance sheet stands at $5.9T No change in the amount of commercial paper. The total amount of … Read more

The Economic Pain That the Unemployment Rate Leaves Out (27% Adjusted Unemployment Rate)… American Business bankruptcies Rose 48 Percent in May

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https://www.nytimes.com/interactive/2020/06/05/upshot/what-the-pandemic-unemployment-rate-leaves-out.html The Department of Labor announced Friday that with a “limited resumption of economic activity,” 13.3 percent of Americans were unemployed in May. Though still high by historical standards, that’s down from 14.7 percent in April, and a pleasant surprise to many economists, who were expecting a figure closer to 20 percent. But this statistic … Read more

“Pent-Up Demand” Won’t Save Us from Economic Destruction: Mises

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via mises In responding to the coronavirus threat, governments around the world have committed themselves to a series of harmful and largely unnecessary policies which are likely to plunge the world into a prolonged economic depression. In the UK, the effect of our lockdown has been severe, with thousands of businesses, millions of jobs, and billions in … Read more

American cities are burning, there’s a lethal pandemic and we’re in a new Great Depression. There’s still one place to go — gold.

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BY JAMES RICKARDS American cities are burning, there’s a lethal pandemic and we’re in a new Great Depression. Other than that, everything’s fine. People often ask me when things will “get back to normal.” Well, the answer could be never (or at least not for a long time). Germany was not “normal” from 1914–54, for example. … Read more

$100k in a month!

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by mingomangos 21 year old child that grew up with little monies. This money means nothing too me and i will be buying a house for my family. Plays have been on paypal, visa, mastercard, spy, airlines, box, and facebook. View post on imgur.com Getting a lot of comments about getting out now so heres … Read more

Boeing YOLO up 7.7x (60k -> 463k)

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by bmexgainporntaway View post on imgur.com It’s not like I’m smart enough to daytrade this so I’m here pumping my bags instead. 100% unrealised, I will post gain/loss porn in a few weeks time. edit: ok 635k NLV now, this is nuts even for bitcoin standards, taking a small chunk off. View post on imgur.com … Read more

CBOE Equity Put/Call Ratio is reaching an extreme. Bankrupt Hertz stock now trading above where it was prior to filing for bankruptcy…

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CBOE Equity Put/Call Ratio is reaching an extreme. pic.twitter.com/mb4LVSiX2K — Mike Shell (@MikeWShell) June 5, 2020 $HTZ now trading above where it was prior to filing for bankruptcy… pic.twitter.com/R1NY7bYB0h — TC (@TESLAcharts) June 5, 2020 Hertz bankruptcy is CANCELLED by robinhood “investors” Headline bullet points: Since filing for bankruptcy in late May, Hertz has surged … Read more