Almost $1.5 trillion of the world’s cash, with U.S. $100 bills making up a great deal of it, is reportedly unaccounted for. So what happened to the money? “Literally, a lot of these $100 bills are sitting in bank vaults all over the world,” Treasury Secretary Steven Mnuchin told FOX Business’ Lou Dobbs during an interview on Tuesday. Mnuchin pointed to the negative interest rates … Read more
as employment downturn continues – fed money printing props of stocks pic.twitter.com/eeBw4oOluL — Alastair (@StockBoardAsset) December 19, 2019 Cyclical employment growth is being ignored. Represents over 1/4 of total jobs and still trending lower w/hours worked still moving lower. pic.twitter.com/z2SHnpBwxx — Eric Basmajian (@EPBResearch) December 18, 2019 powell couldn't let cccs implode on christmas week … Read more
via Zerohedge: Yesterday we covered Fedex’s latest disastrous earnings report, in which the company disappointed Wall Street yet again reporting a huge miss to expectations while slashing guidance. Naturally, analysts – who were once again wrong in expecting a rebound for the logistics bellwether – were quick to slam the results (it’s the company’s fault, not theirs … Read more
by Ryan McMaken via Mises In my days before I worked for the Mises Institute, I had a colleague who knew I associated with Austrian-school economists. In the wake of the bailouts and quantitative easing that followed the 2008 financial crisis, he’d sometimes crack “where’s all that inflation you Austrians keep talking about?” But then, in the very same … Read more
HOOO!! Love this!! “Let the American people decide who should be their President”. A slap in the face to those who have ignored the fact that 63 million of us put Mr Trump into office. h/t JB
by Eustace Muffins This was never planned to ever go to the Senate. This was solely to put it on record that Trump has been impeached by the House(which does hold some weight). In doing this desperate impeachment process by the House, The Dems now have their only weapon. A political weapon, that is infinitely malleable … Read more
By John Mauldin When you write for a wide audience, no matter what you say, or how carefully you say it, some people will misunderstand. Sometimes it’s amusing. Reading through my feedback (and I do read all of it), I get called both heartless capitalist and bleeding-heart socialist in reaction to the same article. In … Read more
Ruth Bader Ginsburg spoke with the BBC this week about the upcoming impeachment trial in the US Senate. During her questioning Justice Ginsburg suggested that US Senators could be disqualified from the proceedings if they are not impartial. Justice Ginsburg: “The House indicts, and the Senate tries. Should a trier be impartial? Of course, that’s the … Read more
Incredible fundraising numbers! @realDonaldTrump has raised over 5M dollars (still growing) today as Americans use their wallet to show support against @SpeakerPelosi’s impeachment hoax! Thanks Dems! You morons. LOL Incredible fundraising numbers!@realDonaldTrump has raised over 5M dollars (still growing) today as Americans use their wallet to show support against @SpeakerPelosi’s impeachment hoax! Click the link … Read more
https://www.reuters.com/article/us-usa-sec-investors/u-s-sec-proposes-allowing-more-investors-access-to-private-companies-idUSKBN1YM245 WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow more Americans to buy shares in private companies. The agency hopes the changes will boost retail investors’ access to the swelling pool of companies that are staying private for … Read more
By Irina Slav A few days after the United States and China announced a phase-one trade deal, Beijing announced it had removed six chemicals and oil derivatives from its list of tariffed U.S. imports. The exemption will be in force for 12 months, ending on December 26, 2020, Reuters reports, citing a statement by the Chinese … Read more
There is no provision under US Law that makes it a crime to let the crimes of a political opponent go if you have the knowledge of them. It is, a crime to have knowledge of a crime under US Law, and not report it. https://www.law.cornell.edu/uscode/text/18/4# Watch the latest video at foxnews.com Democrats have … Read more
Jonathan Turley: “You Could Impeach Every Living President” By The Standards Of Trump Impeachment. CBS ANCHOR: What impact do you think this could have on future presidents? JONATHAN TURLEY: It is going to have a significant impact, I think it will be a largely dysfunctional one. The problem I have is that this sets the … Read more
Surveillance video of Jeffrey Epstein’s suicide attempt in jail has vanished, prosecutors revealed Wednesday Officials could not locate the footage from outside Epstein’s cell at Metropolitan Correctional Center in New York City from his suicide attempt on July 23 Authorities have no explanation for how or why the footage went missing In that attempt Epstein … Read more
Code for sour grapes: http://archive.ph/girmi
Speaker of the House Nancy Pelosi (D-CA) appears to be considering an idea Democrats have floated for several days of holding back the articles of impeachment to exercise leverage over the Senate and the president. She declined formally to transmit the articles to the Senate on Wednesday evening after the House voted to impeach President … Read more
Horowitz Examining Past FISA Applications to Determine if FBI’s ‘Basic Errors’ are Systemic. Reminder: https://twitter.com/JohnWHuber/status/1204544962366496770 JACOB SULLUM: The FBI’s Systematic Dishonesty: The problems revealed by the DOJ inspector general go far beyond “errors” and “sloppiness.” Former FBI Director James Comey initially portrayed last week’s damning report on the bureau’s investigation of alleged links between the Trump campaign and … Read more
via Forbes: A supply chain software company called Convey has done an analysis on 2.5 billion shipping events relating to tens of millions of packages shipped from over 500 thousand locations since Thanksgiving and the results are troubling to any FedEx shareholder: FedEx on-time delivery performance has dropped to 68.3% from 77.5% in the same … Read more
by The Phoenix The market is telling us that the impeachment process will go nowhere. Very early into his Presidency, Donald Trump branded the stock market’s returns as illustrating the success of his policies. Treasury Secretary Steve Mnuchin even went so far as to state that the White House views the stock market as a “report … Read more
