via icij.org: The Supreme Court of the United States has rejected World Bank claims of complete legal immunity, ruling that one of its arms can be sued in relation to lending activities. The 7-1 ruling could also open other American-based international organizations to the threat of lawsuits over financing overseas development. For the World Bank, it … Read more
via themacrotourist: I have become fascinated by MMT (Modern Monetary Theory). Sure, you can crap all over it, but I am not so sure there isn’t much to learn by opening your mind to the idea that some of the ways we think about economic theory might be wrong. Too many pundits look at provocative headlines … Read more
BUBBLE 3.0: NO WAY OUT Click here to view as PDF. “We’re paddling against the current in trying to sustain public faith in the Fed.” –Federal Reserve Chairman JEROME (JAY) POWELL “The FOMC (Federal Open Market Committee, the Fed’s key rate-setting entity) is in panic mode now, facing the Frankenstein monster balance sheet it has … Read more
via CNBC: The U.S. trade deficit in goods rose 12.8 percent in December, according to an advanced estimate from the Census Bureau. The move comes amid trade hostilities between the U.S. and China, and a White House effort to narrow the gap. Rising trade deficits subtract from GDP, meaning that fourth-quarter estimates could be reduced. … Read more
by DCG Oregon has automatic voter registration at the DMV. To ensure only US citizens vote, the Oregon Secretary of State web site states, “The Elections Division will only send OMV Cards to people who have provided documentation that they are U.S. citizens. Oregon voters are also required to attest to their qualifications –including citizenship — … Read more
by Dr. Eowyn Michael Cohen, 52, is President Trump’s former lawyer (2006 to May 2018), a former vice-president of the Trump Organization, and a former deputy finance chairman of the Republican National Committee (2017-2018). Cohen is a convicted criminal: On August 21, 2018, he pleaded guilty to eight counts of campaign finance violations, tax fraud, … Read more
Talk Digital Network, Released on 2/27/19 Will US trade threats against China and Europe work out? Mike “Mish” Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH’S Global Economic Trend Analysis.
In one of their biggest moments since winning the majority in November, House Democrats pushed through legislation on Wednesday mandating federal criminal background checks on all gun sales, including private transactions. For Speaker Nancy Pelosi and other Democrats, it represents a signature moment as they try to fulfill their campaign pledge to take action on … Read more
by ElderOfTheUniverse The blistering growth of some social media sites is over for good, says Reddit co-founder Alexis Ohanian. We’ve reached “peak social media,” Ohanian told Yahoo Finance Editor-in-Chief Andy Serwer in an episode of “Influencers with Andy Serwer,” a weekly interview series with leaders in business, politics, and entertainment. “I think platforms that are … Read more
By Lance Gaitan Remember back when the housing bubble burst? It happened well before the financial crisis in 2008. In fact, the air started leaking out in 2005. And it really took a blow in 2006. Back then, I tried to sell off the handful of rental properties I owned in Tampa before the bubble did burst, … Read more
by Spencer P Morrison, NEE From Ben Shapiro is Wrong on Tariffs: Ben Shapiro released a viral video in which he “debunked tariffs” in three minutes. I suggest watching the video before proceeding. Shapiro begins by saying that President Trump does not support tariffs on economic grounds because it is impossible to do so. Instead, he thinks Trump wants tariffs for … Read more
by Did_I_Die https://www.projectcensored.org/21-trillion-missing-us-federal-budget/ $21 Trillion Missing from US Federal Budget 21 trillion / 52500 = 400,000,000 400,000,000 seconds = 12.68 Years the average American’s annual salary $52k could be paid every second for over 12 years before adding up to $21 Trillion
by MedwedianPresident_2 https://i0.wp.com/www.escapeintolife.com/wp-content/uploads/2015/01/Waggin.png http://commons.wikimannia.org/images/John_Trever_-_Feminist_Method.jpg In the past, the people elected politicians because they proved a certain level of respect-worthiness and reliability, because they shared their opinion. Said politicians – and any other figures of societal importance, be it scientists, authors or businessmen, carefully researched the desires, wishes and needs of the people and looked … Read more
by adamreddy Retailers, particularly in the hospitality sector are colluding to significantly raise prices online. Hotels typically dynamically adjust their pricing based on availability. However in recent years, they have shifted to using AI algorithms to adjust their pricing based on competitor information. As these algorithms monitor prices of competitors, a sort of bidding war … Read more
The DNC to this day cannot admit THEY had more to do with Trump being president than any (unproven) collusion! TK
by Spencer P Morrison, NEE From Ending Conservative Hypocrisy: The EU’s foundations were laid with the creation of the European Coal and Steel Community in 1952, a trade agreement that harmonized supply chains of said critical resources. Not only would it be economically expedient, it was marketed by its architect Robert Schuman in 1950—and like many another vain hope … Read more
Cohen charged with FARA violation during hearing ormer Trump attorney Michael Cohen was hit with a criminal referral for violating the Foreign Agents Registration Act (FARA) by Rep. Mark Meadows (R-NC) following a heated exchange during Cohen’s Wednesday testimony in front of the House Oversight Committee. Meadows pressed Cohen over his apparent failure to … Read more
by Jesse Colombo Like many countries, China attempted to rein in its debt growth over the past couple years, but ultimately gave up and is now back to piling on even more debt. Bloomberg reports – For almost two years, the question has lingered over China’s market-roiling crackdown on financial leverage: How much pain can the country’s … Read more
by Spencer P Morrison, NEE Please subscribe on my new YouTube channel. Don’t forget to support me on Patreon & follow me on Twitter. This channel & website are reader-funded. From The California Paradox: High taxes, oppressive regulations, and socialism undoubtedly hurt California’s economy, but they are just the surface effects of a deeper cause. In reality, immigration is primarily to … Read more
https://youtu.be/ewohflU4PIA Recent Western Journal investigation revealed that the facebook “algorithm” changes have not only disproportionately affected conservative news sources but have worked to promote many liberal newssources. Facebook’s algorithm according to statistics that specifically targeted conservative news sites we’re moving up to 93% of their traffic. While either having little to no effect on liberal … Read more
Can Trump Solve This Problem That’s Getting Worse Every Minute? The last time the US completely paid off the national debt was in 1840. It was the result of decades of balanced budgets under Presidents James Monroe, John Quincy Adams, and Andrew Jackson. Can Trump Change The Momentum? https://www.youtube.com/watch?v=qpw3sA_uesQ
Skip to 01:17 for the report It has Tucker Carlson, Trey Gowdy and Hannity amongst others. Cohen states no collusion with Russia. h/t supporter
by Mac Slavo of SHTFplan Global markets are now facing a $12 trillion dollar reckoning. The problem is staring the financial apocalypse right in the face and has the potential to accelerate the coming stock market crash. A recent report from the Congressional Budget Office has warned that deficits will total $11.6 trillion, or 4.4% of gross domestic product between … Read more
by Spencer P Morrison, NEE Please subscribe on my new YouTube channel. Don’t forget to support me on Patreon & follow me on Twitter. This channel & website are reader-funded. From Do the Math: Walls work. Everyone knows this. It’s why we build them around prisons, military installations, and even our homes without hesitation. The confusion sets in when we talk … Read more
via SARA TIPTON: Apple cider vinegar has a fairly lengthy history when it comes to natural home remedies. It has been touted as a cure-all for almost everything; from helping blood pressure issues, fungal infections, to sore throats and even weight loss. Let’s get one big myth about apple cider vinegar out of the way first. … Read more