The notion that you did anything but destroy this nation’s economy is beyond hilarious. “Those jobs are never coming back. What’s he going to do, wave a magic wand?” Yes, @realDonaldTrump did exactly that. Your only sad legacy was your blatant lies about ObamaCare. https://t.co/1vCePXZ3tv — James Woods (@RealJamesWoods) February 17, 2020
by Dave Kranzler of Investment Research Dynamics The stock market is becoming increasingly disconnected from underlying main street reality. Corporate profits have been declining since the third quarter of 2018. However, pre-tax corporate profits have been declining since the Q3 2014 (this data is available on the St. Louis Fed FRED website). Real corporate profits (adjusted for CPI … Read more
BOSTON (CBS) – FBI and IRS special agents arrested Massachusetts State Rep. David Nangle at his home Tuesday morning on more than two dozen charges, U.S. Attorney Andrew Lelling announced. The Lowell Democrat is accused of stealing over $70,000 in campaign funds for personal expenses, defrauding a local bank in order to cover his extensive … Read more
Speaking on LBC radio this morning, the London Mayor said he was opposed to “a Sharia system running in parallel with UK justice.” His remarks come a day after Home Secretary Theresa May called for an investigation into the application of Sharia law in England and Wales if Conservatives win the General Election. But the … Read more
via economist In both 2018 and 2019 nominal wages rose by more than 3%, the fastest growth since before the recession a decade ago. Americans at the bottom of the labour market are doing especially well. In the past year the wages of those without a high-school diploma have risen by nearly 10%. Intriguingly, this has come … Read more
A company in Chongqing, China, built these “disinfection tunnels” to fend off the coronavirus. Staff can be sanitised within 20 seconds pic.twitter.com/mNeQLjdW0o — South China Morning Post (@SCMPNews) February 17, 2020
By Rodney Johnson I received a dreaded audit letter from the IRS in 2015, covering the 2013 tax year. I contacted my CPA, gathered my documents, and made the trek to their office at the appointed time. After 90 minutes, the auditor determined I underpaid on my 2013 taxes by $37. He was wrong, but … Read more
Coronavirus Outbreak: Thieves Steal 6,000 Masks from Hospital in Japan. Head of hospital dies in coronavirus epicenter; global economic impact spreads. SARS killed hundreds and then disappeared. Could this coronavirus die out? Walmart sales slower than expected as it keeps an eye on coronavirus. HSBC eyes $600 million in losses if Coronavirus persists. China says … Read more
People will still get food, shortage on food but no one starving. pic.twitter.com/dNQbmkVFmn — ZzzlenoiL (@zzzlenoi) February 18, 2020
I understand you’ve all ‘heard this before’ so I get your skepticism. But unfortunately very few of you understand the mechanism of market forces. A total seizure of Chinese production and consumption means an absence of either supply or demand in very large, very fragile international markets. The consequences of this Chinese slowdown will be … Read more
Inspector General Michael Horowitz discovered that FBI agents shared extensive classified materials with former British spy Christopher Steele, despite knowing the Democratic National Committee was paying Steele and that Hillary Clinton herself was aware of Steele’s research, according to a new report by Eric Felten at RealClearInvestigations. FBI agents met with Steele in Rome just … Read more
https://www.fsis.usda.gov/wps/wcm/connect/8689888b-7492-4ec5-b0df-f46a77df9f48/2016%E2%80%930002.pdf?MOD=AJPERES In light of the Corona Virus Pandemic from China, they have started a mass culling of 100’s of millions of chicken and baby chickenS. Well now that the USA have signed trade agreements with China that allow American chickens to be sent to China to be processed, which are then sent back to the … Read more
ROCKDALE COUNTY, Ga. — An entire community is mourning the death of a 27-year-old Rockdale County sheriff’s deputy. According to family members and the Sheriff’s Office, investigator John Cole Haynie died Saturday from complications from the flu after a monthlong battle. Deputies held a special memorial for the investigator Monday. https://www.wsbtv.com/news/local/deputy-dies-complications-flu-5-other-georgians-die-illness-one-week/SMW6EZZQSZE2XGYZ2PX5JRFOMU/ SO SAD: Deputy dies … Read more
by Jason Burack via Wall St For Main St In the last 3-4 months China’s central bank, the People’s Bank of China (PBOC), has injected over $1 trillion dollars worth of emergency liquidity injections into the Chinese economy. REST OF SHOW NOTE LINKS CONSOLIDATED ON YOUTUBE HERE Commit to tipping us monthly for our hard work creating high … Read more
via fox5ny TAMPA – A Florida trucking company is suing two federal agencies, saying agents seized $181,500 in cash at Tampa International Airport and won’t give it back. The federal lawsuit filed by FGL Transport, Inc., and owners Scott Smith and Michael Rozenberg asks the U.S. Department of Homeland Security and the U.S. Customs and Border Protection, along with … Read more
by Lance Roberts This past weekend, we discussed the breakout to all-time highs as the belief the market is immune to risks, due to the Federal Reserve, has become pervasive. As I quoted: “Yet as a major economic problem looms on the horizon, the cognitive disconnect between current asset prices and reality feels like the market … Read more
Whoever wins in 2020 will raise the debt and use the fruits of the labor of the productive to buy votes. And buy votes they will. AC
Many people are not aware, but, no one * in America, is required to fill a Census on a non Census year, regardless of what they tell you. Constitutional law says otherwise. A Census is take every ten years. Any other form of Census is non-obligatory, if it does not fall on a census year. … Read more
House Speaker Nancy Pelosi is in denial about President Donald Trump being acquitted of all charges in his impeachment trial. Much like the Democratic Party’s attempt to erase the 2016 presidential election from its memory, this denial of the facts is also doomed to fail. In a Saturday interview with CNN news anchor and international … Read more
by upvoatz Updated info on 2019-nCoV https://doi.org/10.1101/2020.02.06.20020974 Clinical characteristics of 2019 novel coronavirus infection in China Abstract Background: Since December 2019, acute respiratory disease (ARD) due to 2019 novel coronavirus (2019-nCoV) emerged in Wuhan city and rapidly spread throughout China. We sought to delineate the clinical characteristics of these cases. Methods: We extracted the data on … Read more