The Truth About Income Inequality Is That It’s Mostly A Lie: statistics fail to include tax payments on the middle and upper class and entitlement payments to the lower classes.

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THE TRUTH ABOUT INCOME INEQUALITY IS THAT IT’S MOSTLY A LIE: The Census Bureau also fails to count $1.9 trillion in annual public transfer payments to American households. The bureau ignores transfer payments from some 95 federal programs such as Medicare, Medicaid and food stamps, which make up more than 40% of federal spending, along with … Read more

PRIORITIES: San Francisco: Where It’s OK to Crap in the Streets But They Arrest People for Eating on a BART Platform.

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via pjmedia: This week, a video went viral of a man being detained by police on a public transportation platform in San Francisco, Calif., for eating a sandwich. You can see the police officer in the video below insisting that eating is a violation of the California penal code. https://twitter.com/Feisty_FL/status/1193659648072724481 It turns out that while he … Read more

Democrats keep promising big infrastructure improvements and shovel-ready jobs, but they don’t usually deliver much more than traffic jams and bike lanes for the affluent.

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CHRIS BARRON: President Trump Should Call the Democrats’ Infrastructure Bluff. The Democrats have abandoned any pretense of governing in favor of an ‘impeachment-first’ strategy—one that is much more about crass partisan politics than it is about the Constitution or the rule of law. The President is a builder by nature, and he understands infrastructure. A comprehensive … Read more

Alasdair Macleod: THE FED IS STUCK ACCELERATING MONETARY INFLATION

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by Dunagun Kaiser with Alasdair Macleod via Reluctant Preppers Alasdair Macleod, Head of Research at GoldMoney returns to Finance & Liberty to declare that THE FED IS STUCK ACCELERATING MONETARY INFLATION, due to an ACUTE FAILURE OF THE MONETARY SYSTEM. Alasdair also gives us a report on the UK situation on the ground with the Brexit from the EU, and … Read more

Rob Kirby – Amount of Money Fed Into System Now Too Hard to Hide, Something Nasty is Coming in the Financial Market

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The gold and silver market being flooded with paper shorts is yet another sign that time is short. Kirby says the elite want people to think gold and silver are bad investments, but he says don’t believe it, and “do not sell it.” Macroeconomic analyst Rob Kirby goes on to warn, “Gold and silver are … Read more

President Trump Proven Correct Again: “Politifact: Donald Trump wrongly says the number of illegal immigrants is 30 million or higher”

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“Donald Trump wrongly says the number of illegal immigrants is 30 million or higher” Trump has provided no proof that the number of illegal immigrants is triple the widespread consensus. We rate this claim Pants on Fire. https://www.politifact.com/florida/statements/2015/jul/28/donald-trump/donald-trump-says-number-illegal-immigrants-30-mil/ Yale shocker: 29.5 million illegal immigrants, 3X higher than Census number https://www.washingtonexaminer.com/washington-secrets/yale-shocker-29-5-million-illegal-immigrants-3x-higher-than-census-number   h/t dr0id

Rules for Rulers

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by Chris So here it is again – the most relevant and important 18 minutes you can possibly spend if you want to understand why and how governments operate. I assume some people don’t want to know, and that’s why they resist watching this. In my view, anybody who wants to “do something new” is obligated to … Read more

World Debt Downgrade Warning – Moody’s

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by GoldCore Source: Moody’s ◆ A World Debt Downgrade Warning (WDDW) has been issued by credit rating agency Moody’s due to deepening global geopolitical uncertainty and risks ◆ Moody’s has issued a debt downgrade warning to the entire world on fears that severe political turmoil from London to Hong Kong poses a threat to the … Read more

How the Fed Boosts the 1%: Even the Upper Middle Class Loses Share of Household Wealth to the 1%. Bottom Half Gets Screwed

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter It is ironic the Fed puts out this data, as if to show off its success in concentrating wealth at the 1%, and how every time their wealth is threatened, the Fed comes up with new bailouts, rate cuts, and other shenanigans. This is the transcript from my podcast last Sunday, THE … Read more

Stock Market Cheerleading: Why Do We Celebrate the Super-Rich Getting Richer?

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by Charles Hugh-Smith It’s not too difficult to predict a political rebellion against the machinery of soaring wealth and income inequality. The one constant across the media-political spectrum is an unblinking focus on the stock market as a barometer of the national economy: every major media outlet from the New York Times to Fox News prominently … Read more

Indictments Coming, We Are Now Nearing T Minus Zero

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https://www.youtube.com/watch?v=AzbxsnHNftc The [DS] is doing exactly what the patriots want them to do, they are exposing themselves to the public while destroying themselves at the same time. The cast of characters are all part of the same [DS] group and the WB now has a WB reporting them. The world is changing the people are … Read more

Americans Aren’t Buying Into The EV Hype

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By Tsvetana Paraskova Sales of electric vehicles (EVs), hybrid vehicles, and fuel cell vehicles in the United States slumped in Q3 much more than the slight decline in the overall passenger car market, due to a lack of choice on the U.S. greener car market, analyst company Canalys said in new research. Total passenger car deliveries … Read more

Jim Rogers: This Global Crisis Will Change Everything

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by Mike Manwell with Jim Rogers via Rethinking The Dollar Thanks for tuning into this RTD Live Talk ft. Jim Rogers. Tonight Jim joins us to share his thoughts on the economy, the markets, and strategies for wealth preservation. Watch the first interview with Jim Rogers, (RTD Ep:50) “The Dollar Is Going To Have A Lot Of Problems” – https://youtu.be/RdrncNXU9hQ DISCLAIMER: … Read more

Things are Getting Better!?! OK Boomer; OK Millennial; OK Z’er with John Rubino

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from Financial Survival Network John Rubino is back… CLO (collateralized loan obligation) markets starting to tank. Market for risky corporate debt is softening and turning to real junk. Even the WSJ ran a story about people going even further into debt. There’s ever more underwater car loans because of negative equity in the consumer’s current auto. By … Read more