Shot: Bloomberg: Darned right we need to tax the poor. —Jazz Shaw, Hot Air, Friday. Chaser: “The press went with it without explaining that it was an April Fool’s joke. Patsy Schroeder referenced it on the floor of the House of Representatives, a bunch of other Democrat and liberals. By the way, the condition of the poor has … Read more
by Simon Black of Sovereign Man Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances, and your prosperity. Crackdown on homeschooling coming across Great Britain A few weeks ago we talked about how the Labour Party in Great Britain wants … Read more
Some people see a “Mad Max” scenario might be coming because of the enormous unpayable global debt. Financial writer and professional trader Rick Ackerman contends, “I am a little more bearish than that. I see a Mad Max scenario as inevitable. . . . I try not to think about it because we’ve all got … Read more
OPIOID HYSTERIA IS RUINING THE LIVES OF PEOPLE WITH CHRONIC PAIN. I KNOW SOME OF THEM PERSONALLY. Some of us actually need painkillers. Can doctors ease up on us? Hi, Orthopedic Surgeon, it’s me. Your patient, who’s having double knee surgery for two torn menisci and two Baker’s cysts. You saw my MRIs and diagnosed the … Read more
“CA is becoming an authoritarian state” California Plans FORCED Internment And Asset Seizure To Solve Homeless Crisis. California’s growing homeless crisis has made headlines over the past year. Diseases are rampant and state and local governments have failed to do anything to solve the problem. A new state law would allow the state to forcefully … Read more
Hari Krishnan does not like ETFs. In this piece, the author and Doherty Advisors portfolio manager argues that products like the HYG give investors a false sense of security. In an adverse market environment, such products could see outsized declines, as the lack of liquidity in the underlying assets finally begins to matter. Krishnan also … Read more
Brief History of Financial ManiasTulip Bulbs – 1637South Sea Company Shares – 1720British Railway Shares – 1846U.S. Stocks – 1929U.S Stocks – 1987U.S. Stocks – 2000U.S. Stocks – 2008Cryptocurrencies – 2018U.S. Stocks – 2019-2020 — John Tuld (@BradHuston) November 28, 2019 Fed Doom Loop -Fed lowers interest rates. -Stocks soar. -Bond prices soar. -Under performing … Read more
The swamp loves investigating corruption, except for their own.@realDonaldTrump has absolutely nothing to hide. But do Democrats? — Rudy W. Giuliani (@RudyGiuliani) November 29, 2019 The Schiff frame-up based on no admissible and the trampling of rights to counsel, call witnesses, confrontation, cross examination are worse than the old McCarthy Communist hearings. Republicans stood up … Read more
via breitbart: More than 7-in-10 households headed by immigrants in the state of California are on taxpayer-funded welfare, a new study reveals. The latest Census Bureau data analyzed by the Center for Immigration Studies (CIS) finds that about 72 percent of households headed by noncitizens and immigrants use one or more forms of taxpayer-funded welfare programs in California — the number one … Read more
by Jason Burack via Wall St Fro Main St Repo Madness is now up to $300 billion dollars per day as the first 42 day term repo (into 2020 now) for $55 billion dollars kicked in on November 25th. There’s no end in sight for #RepoMadness but remember that it’s only temporary! LOL Press Release from November 14th: … Read more
Telefonica, with operations in Venezuela, Argentina, Chile, Peru, Ecuador, Colombia, and Mexico, is on the verge of “junk,” and the ECBholds some of its debt. By Nick Corbishley, for WOLF STREET: Telefonica, the telecommunications and internet giant headquartered in Spain and with operations in numerous countries and burdened by enormous debts, has announced plans to stage a historic retreat from one of its … Read more
by Simon Black Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances, and your prosperity. Crackdown on homeschooling coming across Great Britain A few weeks ago we talked about how the Labour Party in Great Britain wants to … Read more
Victor schools Deepstate TOOL Ed Henery At the same time – The SPITEFUL DemonRats “HELD UP” EVERY ACTION OF OUR PRESIDENT FOR 3 YEARS. h/t Buzzcheeze
WASHINGTON (AP) — A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the U.S. by the end of 2021. The economists surveyed by the National Association for Business Economics, in a report released Monday, mostly didn’t … Read more
Weather shocks, higher oil prices and a sharp depreciation in the US dollar could make food expensive, warn experts. Pork prices have been surging in China as African swine fever ravaged supply, while India has been struggling with eye-watering onion prices due to extended monsoons [File: Dania Maxwell/Bloomberg] Food prices are climbing fast in the … Read more
by Dr. Eowyn Virginia was considered a “swing” state in presidential elections, but the state became a solid “blue” on November 6, 2019. With Democrats already holding the state’s three highest offices (governor, lieutenant governor and attorney general), after two years of Republican control in the state House and Senate by single-seat majorities, the voters of Virginia … Read more
by DCG Like many progressive-run cities on the west coast, Seattle has serious problems: homelessness, criminal activities openly committed on the streets and attacks by repeat offenders. See the following: Homeless harassing King County Courthouse workers: “It’s a reflection of the courthouse location” How many convictions does it take for Seattle City Attorney to place a homeless criminal in jail … Read more
Burisma’s Cofer Black Taps CIA Contacts To Stop Giuliani From Talking To Prosecutor “Burisma is the money laundering business of the Dems and C_A. The Dems and C_A are complicit in the Crowdstrike and Burisma cover up.” This really is worth the 8 minutes to listen to. This is the NEW EVIDENCE the IMPEACHMENT FREAK SHOW DemonRats … Read more
by Michael Markowski Based on my analysis of the S&P 500 technical chart patterns after new all-time highs were set in 1999, 2000, 2007, 2018 and 2019, the index is ripening for a significant correction or a crash. The volatility increasing for a market that is making new all-time highs near the end of a … Read more
By Josh Owens Market Movers – The newsfeed this week has been inundated with updates on Aramco’s IPO developments. On the retail side, the Aramco IPO has reached $7.21 billion in subscriptions, bringing the total value for the IPO to somewhere near $25.6 billion. For the institutional side, which was a little slower going, it … Read more