Nothing Inappropriate – DNI John Ratcliffe Releases Wiretapped Flynn-Kislyak Transcripts…

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by sundance DNI John Ratcliffe has released the transcripts and FBI generated summaries known as “CR cuts” from the telephone calls between incoming National Security Advisor Michael Flynn and Russian Ambassador Sergey Kislyak. [pdf version here]. A fast review of the transcripts (also embed below) shows there was nothing inappropriate or improper about the conversations at … Read more

First the Deflationary Deluge of Assets Crashing, Then the Tsunami of Inflation

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by Charles Hugh Smith via Of Two Minds Once the pool of greater fools dries up, stocks crash regardless of what the Fed does or bleats. The conventional view is the Federal Reserve creating trillions of dollars out of thin air will trigger inflation. Not so fast. Yes, creating trillions of dollars out of thin air will eventually devalue the purchasing … Read more

Lou Dobbs on Twitter: “‘Scandal beyond Measure’: @TomFitton says transcripts of the Flynn – Kislyak calls further prove General Flynn’s innocence and the deep state’s deception”

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'Scandal beyond Measure’: @TomFitton says transcripts of the Flynn – Kislyak calls further prove General Flynn’s innocence and the deep state’s deception. #AmericaFirst #MAGA #Dobbs pic.twitter.com/99qggR1uDp — Lou Dobbs (@LouDobbs) May 29, 2020

Complete List of MN damaged businesses

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via bringmethenews: – Dairy Queen East Lake Street: Property damage. – Papa Murphy’s Pizza East Lake Street: Property damage. – Planet Fitness on Lake: Property damage. – Domino’s Pizza 26th and 28th: Property damage. – Urban Forage Winery and Cider House, Lake and 29th: Property damage, looting. – Gandhi Mahal Restaurant, 27th and Lake: Window smashed. … Read more

Trump’s ‘Let Them Eat Cake’ Moment: You Don’t Solve An Oppressive, Militarized US Police State Problem By Sending In More Military To Crackdown Harder

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(by Half Dollar) Some people say you don’t solve a debt problem with more debt. Seems legit. I say you don’t solve a militarized, US police state problem by sending in the MORE US military to crack-down even harder. Honest question: What’s worse – people whose voice is NEVER heard, much less listened to, burning down … Read more

As civil unrest spreads nationwide, CNN is on the defensive

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by throwawaygamgra CNN headquarters in Atlanta has been sprayed with graffiti and rocks thrown through windows. Take a look at this scene in the lobby where fireworks are thrown at riot police. The scene at CNN in Atlanta, Georgia is escalating. pic.twitter.com/b5UO8ZcEsT — Townhall.com (@townhallcom) May 30, 2020 The White House is on Lockdown, Rioters … Read more

Here We Go: China FURY: Beijing erupts at USA and UK scrutiny as United Nations Virtual Meeting Erupts into Chaos

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CHINA hit back with anger at the United States and Great Britain at the United Nations Security Council as the virtual meeting erupted into chaos. USA and UK officials raised China’s plan to impose new security legislation on Hong Kong at summit, prompting China and Russia to criticise the United States for excessive use of … Read more

BLK CEO Larry Fink predicts corporate taxes to rise from 21% to 28~29% by year end

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by theC0nch https://www.ft.com/content/ef9ccf41-4973-4b45-9684-739dd34b6764 But the predictions of two investing heavyweights have not affected stock markets, which have roared back from their initial coronavirus crash. Nor do they resonate with much of the corporate world, which is still leaning on government support without fretting too much about the eventual bill. Great op-piece that confirms what we … Read more

[Seeking Alpha] Uber Is Not The Next Amazon And Is Not Worth $60 Billion

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https://seekingalpha.com/article/4350604-uber-is-not-next-amazon-and-is-not-worth-60-billion Summary Uber has a significant cash problem, suffers high interest rates, and lacks a clear plan. The underlying growth and future potential profitability do not justify the stock’s current valuation. CEO’s statement and the company’s aspiration to become the next Amazon fall short with reality. I am bearish on Uber. The past two-month rally … Read more

It’s the Nancy Pelosi version of monetary policy, “we need to print the money to see where it goes.”

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“Everyone is buying” pic.twitter.com/4045Z0V8vH — Alessio (@AlessioTMAD) May 29, 2020 This is hard to believe: ~96% of S&P 500 stocks are above their 50-day moving average, the highest reading of the 21st century. pic.twitter.com/aQ2RapVlgM — Michael Batnick (@michaelbatnick) May 29, 2020 Powell admitted the Fed crossed a lot of red lines that had never been … Read more