by Mac Slavo The government keeps telling us that the labor market is strong and unemployment is low. Yet, regardless, borrowers are increasingly being rejected for vehicle loans while consumer debt continues to rise. A Federal Reserve Bank of New York survey of consumer credit released Monday showed a spike in the rate of auto-loan rejections, to 8.1% … Read more
https://www.reuters.com/article/us-boeing-737max-economy/boeings-737-production-halt-could-dent-u-s-first-quarter-gdp-idUSKBN1YL286 WASHINGTON (Reuters) – Boeing Co’s (BA.N) decision to stop production of its best-selling 737 MAX aircraft involved in two fatal crashes will impact U.S. economic growth and employment, but the pain may be brief and concentrated in areas where suppliers are located, analysts and executives say. The biggest assembly-line halt in more than two … Read more
by Djpele12 How is he eligible to hold office? Judgment in Cases of Impeachment shall not extend further than to removal from Office, and disqualification to hold and enjoy any Office of honor, Trust or Profit under the United States; but the Party convicted shall nevertheless be liable and subject to Indictment, Trial, Judgment and Punishment, according to Law.
These videos of a 3 part investigation were posted on a related thread, but didn’t get enough traction. This might explain a lot of the chaos and distractions going on… The introduction to the series: Part one incoming… Part one… Part 2… h/t Penny Peppers
by John Ward Last Thursday night, December 12th – as vote-counting began in the process of giving Prime Minister Boris Johnson an administration in his own right – something infinitely more important took place in the US. The New York Fed announced a dramatic increase in the size and scope of its overnight repo operations. Despite the … Read more
https://www.youtube.com/watch?v=gW-MXTov3gU Project Censored has released its list of the top 25 censored stories from 2019. There are a lot of important stories in there that undermine US empire and I go over my favorites here.
https://www.youtube.com/watch?v=nUrceucSxcE The Gateway Pundit reports, a new law in New York called the Green Light Law, which allows illegal immigrants to apply for driver’s licenses went into effect yesterday and illegals lined up to apply throughout the state. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…
If you are not familiar with the bank, it’s one of the largest banks in China, a “big 4” State Owned Enterprise (SOE) bank and the bank has a market cap similar in size to Wells Fargo around $200 billion dollars. However, many of the people, thousands of people according to the Asian source who … Read more
The Federal Reserve is using capital injection to stabilize the money market ahead of the year-end. One America’s Greta Wall explains the strategy.
SINGAPORE: The Singapore government invoked its fake news law on Saturday to order an opposition party to publish corrections on two social media posts and an article on its website about local employment. It is the third time that authorities have used the law, called the Protection from Online Falsehoods and Manipulation Act (Pofma), since … Read more
by Simon Black In late 2002, about 17 years ago at this time of the year, I was a young Army officer deployed to the Middle East. It was just a few months before George W. Bush gave the order to invade Iraq, though all my fellow officers and I knew with 100% certainty that we … Read more
Rush Limbaugh read from Heritage Tax Policy Analyst Adam Michel’s latest op-ed in the Daily Signal. Nearing the two year anniversary of tax reform, Michel shares what’s at stake if the left repeals your tax cut in 2020.
If you don’t pay full price for the product, you are the product. That awesome new TV will be sure to make your life better, just don’t talk too loud near it. The vast majority of televisions available today are “smart” TVs, with internet connections, advertising placement, and streaming services built in. Despite the … Read more
Abstract While recent research has shown that cannabis access laws can reduce the use of prescription opioids, the effect of these laws on opioid use is not well understood for all dimensions of use and for the general United States population. Analyzing a dataset of over 1.5 billion individual opioid prescriptions between 2011 and 2018, … Read more
by UPFINA 2019 was a costly year for future returns if you believe that when valuations get more expensive, it lowers future returns. That’s because almost all of the gains came from multiple expansion and not from earnings. Earnings barely increased and stocks had an amazing year. According to FactSet, S&P 500 earnings growth was 0.3%. … Read more
Fed Ex has greater macro implications than most companies. pic.twitter.com/yQolNQDk94 — Not Jim Cramer (@Not_Jim_Cramer) December 18, 2019
The House of Representatives on Tuesday passed a $1.4 trillion spending package that includes a provision prohibiting the sale of cigarettes, e-cigarettes, cigars and other tobacco products to people under the age of 21. U.S. lawmakers on Monday negotiated a deal to add the provision, as well as other changes to health-care law, to the spending bill that funds … Read more
via pentoport: The global fixed income market has reached such a manic state that junk bond yields now trade at a much lower rate than where investment-grade debt once stood. Investment-grade corporate debt yields were close to 6% prior to the Great Recession. However, Twitter just issued $700 million of eight-year bonds at a yield of … Read more
