Carney: U.S. Does Not Have a Labor Shortage; It Has a Wage Shortage. America does not need to import workers.

America does not need to import workers. We have plenty of potential workers who were sidelined by the Great Recession and globalization. In the first two years of the Trump presidency, America created two million jobs. The unemployment level fell to an astonishing 3.7 percent in September, the lowest level in decades, and it has … Read more

Watch Dianne Feinstein say “The Day Where America Will Be The Welfare State Of Mexico Are Gone”.

Hurry and watch this video before Twitter takes it down again. Hard to believe Feinstein was ever capable of speaking the truth. Great clip… Hurry and watch this video Twitter keeps deleting it so it doesn't get out in the public😞 pic.twitter.com/AT2Rl1h6Ws — Teach Patriotism (@lovedeplorables) November 27, 2018 Dead on saying the same exact … Read more

Meuller wants to keep 3.2 million documents from Russian company that “meddled” in the election “shielded”?

They must have a crap load of stuff to hide.   Watch the latest video at foxnews.com   Prosecutors in a case brought by Special Counsel Robert Mueller’s team asked a federal judge on Thursday to withhold 3.2 million “sensitive” documents from the Russian company Concord Management LLC because of national security and law enforcement concerns. During … Read more

SGT REPORT: Are These People Certifiably Insane?

There is an all out war against conservative and Christian speech, national borders, culture and even life itself. And given the alternative to those vitally important things it’s time to ask, are these people certifiably insane? By the way, You Tube thinks that “most advertisers” are aligned with them, not us.     AC

The Fed, so Certain About QT Just Months Ago, Suffering From Bank-Wide Amnesia

WASHINGTON/FRANKFURT (Reuters) – “Patient” monetary policy. “Muted” inflation. “Uncertainty” over global trade and government policies that may be undermining the economy. Evidence of a world slipping back to an inflation-less, slow-growth norm – the outlook that prompted the U.S. Federal Reserve to halt its interest rate hikes in January – has now forced a broader … Read more

Accounting “forensics” show that Chinese GDP growth from 2008-2016 is 1.7pp lower and investment and savings rate in 2016 is 7pp than what was officially reported.

via brookings: DOWNLOAD Download the conference draft » ABSTRACT China’s national accounts are based on data collected by local governments. However, since local governments are rewarded for meeting growth and investment targets, they have an incentive to skew local statistics. China’s National Bureau of Statistics (NBS) adjusts the data provided by local governments to calculate GDP … Read more

Amazon abruptly stopped buying goods from third-party sellers

https://qz.com/1567934/amazon-sellers-panic-after-the-company-reportedly-canceled-orders/ Amazon is reportedly going cold turkey on thousands of vendors. The e-commerce behemoth has canceled orders with many wholesalers, pushing them instead to sell directly to consumers on its marketplace, Bloomberg reported today (March 7). Having vendors sell directly to customers is a better arrangement for Amazon because it can charge merchants for services … Read more

The credit card business in the US is an extraordinary racket charging both merchants and cardholders to generate extraordinary margins.

The credit card business in the US is an extraordinary racket charging both merchants and cardholders to generate extraordinary margins. Deutsche Bank via @SoberLook pic.twitter.com/yiE3miYXN9 — Adam Tooze (@adam_tooze) March 7, 2019 i know. i know. this doesn't matter. but …. pic.twitter.com/X5XYh6tDfp — steph pomboy (@spomboy) March 7, 2019

ECB Doing What the ECB Does: Slashing Growth Rates, Preparing More Cheap Debt

via euronews:   FRANKFURT (Reuters) – The European Central Bank pushed out the timing of its first post-crisis rate hike until 2020 at the earliest and offered banks new rounds of multi-year loans in a bid to revive the currency bloc’s slowing economy, it said on Thursday. The bolder-than-expected move showed ECB was having to revisit … Read more

GINORMOUS: Judicial Watch Uncovers Numerous Bruce Ohr Communications with Fusion GPS, Christopher Steele, and Glenn Simpson

by TFittonJW Breaking: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-uncovers-doj-records-showing-numerous-bruce-ohr-communications-with-fusion-gps-and-christopher-steele/ (Washington, DC) – Judicial Watch announced today it received 339 pages of heavily redacted records from the U.S. Department of Justice which reveal that former Associate Deputy Attorney General Bruce Ohr remained in regular contact with former British spy and Fusion GPS contractor Christopher Steele after Steele was terminated by the FBI in November 2016 for revealing … Read more

Feels like G-20 again, remember when trump pumped a trade deal back then, and it never materialized. Markets then sold; $TRAN $RUT $MID $AMZN getting crushed!

Feels like G-20 again, remember when trump pumped a trade deal back then, and it never materialized. Markets then sold. pic.twitter.com/qC5GPtcO22 — Alastair (@StockBoardAsset) March 7, 2019 $TRAN $RUT $MID $AMZN GETTING CRUSHED! pic.twitter.com/2zbE0wCF6r — mcm-ct.com (@mcm_ct) March 7, 2019 If global growth doesn't turn up soon – macro will matter for global stocks and … Read more

EU Isn’t Ready for the Next Recession

– ECB has just loosened monetary policy. What if that isn’t enough? – ECB says the risks to Europe’s economies lean to the downside – Trade wars could get worse and political turbulence could increase – Brexit, could deliver an especially brutal blow – Euro set to depreciate against gold (see chart) By Bloomberg Editorial Board … Read more

Why Are Temperatures So Cold Right Now?

A question to be asked is why are temperatures getting colder in the spring for the 3rd year in a row resulting in crop losses after an early warm February? This was not predicted with Global Warming, winters were supposed to be milder and shorter as CO2 warmed the planet, but we get the opposite, … Read more

‘USE IT OR LOSE IT’ BUDGET; Federal spending spree… Lobster tail, CrossFit equipment, musical instruments… MORE

Feds splurge on lobster, pianos, golf carts in race to spend ‘use it or lose it’ budget It turns out September, not April, may be federal taxpayers’ worst nightmare. The end of the government’s fiscal year usually brings an orgy of spending as agencies look at their budgets, see extra cash lying around, and figure … Read more

U.S. Job Cut Announcements Rise 117 Percent To The Highest Level That We Have Seen In More Than 3 Years

by Michael Snyder We have not seen anything like this since the last recession.  Layoff announcements are coming fast and furious now, and the speed at which workers are being laid off is shocking a lot of people.  In this day and age, big companies have absolutely no loyalty to their workers.  The moment it becomes … Read more