Web traffic continued its dramatic spiral for Matt Drudge’s news aggregate site in October and at this point, the negative numbers are beginning to resemble one of the models employed to predict corporate disasters. One of the things you learn as a Ceritifed Fraud Examiner is forensic accounting and modeling and Drudge’s recent and quick … Read more
THIS PRECEEDING IS A JOKE pic.twitter.com/7lGfRBbZet — mcm-ct.com (@mcm_ct) November 13, 2019 Rep. Ratcliffe STUMPS SCHIFF WITNESSES — Can’t Name a Crime Committed by Trum Rep. Jim Jordan is SHREDDING this fella
by axolotl_peyotl https://youtu.be/wTkrojOo6z0 The Last American Vagabond Interviews James Corbett The US government armed Osama Bin Laden; it armed Saddam Hussain with chemical weapons to be used against Iran in 1980; it armed the very groups that later became ISIS. Yet we are sold an entirely different yarn by the US government and its lap … Read more
Then how can he verify the information? And why are they so concerned about releasing the WB’s name? Is Schiff under oath? can he prosecuted for perjury?
File under junk-bond potholes: Even as risky debt keeps generally rallying, borrowing costs of specific companies can spike overnight. Case in point: Intelsat is seeing its CCC rated bonds plummet, with implied yields on these notes surging to 19.9% from 13.2% last week. pic.twitter.com/sDoqiUNia6 — Lisa Abramowicz (@lisaabramowicz1) November 13, 2019 #Corporate #Profits vs Corporate … Read more
protests on the weekends are contained – but it's when protests spill over into the weekdays, that is the signal the next leg is chaos has begun https://t.co/K1Q5Xo92R5 — Alastair (@StockBoardAsset) November 13, 2019
stocks have already priced in a 2016-style rebound, 5 rate cuts, and a china deal — what could possibly go wrong? — Alastair (@StockBoardAsset) November 13, 2019 World Trade Indexes World trade weakens, with export orders plunging pic.twitter.com/4P2l57NOH2 — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) November 13, 2019 everyone signing trade deals but america pic.twitter.com/WYRvelNBBP — … Read more
by GoldSilver “What is going on with the world economy?” That’s how Mike Maloney begins his new video, which is actually not about the economy, per se, but about currency abuse, interest rate cuts, and a big fat warning about the coming recession. Mike starts with a slide he’s shown before, US currency creation, but he revisits … Read more
via wallstreetonparade: Later this afternoon, Neel Kashkari, the outspoken President of the Federal Reserve Bank of Minneapolis, will deliver the keynote address at a conference on “Wisconsin and the National Economy” at the Madison campus of the University of Wisconsin. Tomorrow, he’ll be taking questions at a Town Hall in the University of Wisconsin’s Student Union … Read more
by confoundedinterest As the US Treasury 10-year yield approaches 2% … again, we begin to worry about issues such as extension risk and convexity risk (collectively known as “The Wings”) given their propensity to drive hedging. Extension Risk Historically, the risk of sudden yield curve movements has greatly affected the market for MBS, which represent … Read more
via CCN: There are several signs indicating that a U.S. housing market crash is already here, but the bulls keep finding reasons to celebrate and live in denial that all’s well in this space. The National Association of Realtors (NAR), for instance, has just released a report that says home prices rose in 93 percent of the … Read more
By Irina Slav Global oil demand will reach its peak in the mid-2020s and plateau around 2030, the International Energy Agency said in its World Energy Outlook for 2019. Until about 2025, the IEA said, global oil demand will expand by about 1 percent annually, exceeding 100 million bpd and reaching 105.4 million bpd. After that growth … Read more
Check your feet when entering a building so you don’t bring drug needles in with you. Yes, really. h/t Annie Oakley
by Dr. Eowyn The nightmare that is California and its failed cities continues to worsen…. Joel Grover and Amy Corral report for NBC4 Los Angeles, November 11, 2019, that attacks by homeless people are increasing in Los Angeles. As many as 9,846 of these crimes were reported in the city by the end of 2018, including a homeless man dumping a bucket … Read more
When federal authorities arrested high-ranking state Rep. Luis Arroyo, D-Chicago, in October for an alleged bribery scheme, it was only the latest in a string of federal indictments served to Illinois politicians this year. Each of them contributed to the state’s hidden economic cost of corruption. The price tag on Illinois political leaders’ transgressions? At … Read more
If it’s 5 out of 6, shouldn’t that be 83% true? Should be “mostly true”. I don’t think Snopes knows the meaning of “mostly false”. h/t deepwaterhookers
The Impeachment Circus starts today and Adam “Pencil Dick” Schiffless and Ancy Nancy Pigface-losi are primed to make total fools of themselves and a complete mockery of the entire process whch has about as much credibility as Al Green. So in light of all this I decided to cover something much more important as I … Read more
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
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
