HOW TRUMP GETS REELECTED

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Trump won in 2016 because a large chunk of those who strongly disapproved of him disliked his opponent even more. Progressive activists seem determined to provoke a repeat.   h/t DB

Study Shows Concealed Carry Permit Holders Break Laws Far Less Than Cops

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via thefreethoughtproject: Despite massive gun restrictions rolling out across the country, for the past two years, the number of concealed carry permit holders has continued to soar. A study conducted at the end of last year showed that the number of Americans licensed to carry a concealed weapon is now over 17 million—a whopping 273 percent increase since 2007. … Read more

EVIL PLOT TO LET LEGISLATORS VOTE ON GREEN NEW DEAL

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In a development I must admit I hadn’t seen coming, Sen. Ed Markey is objecting to the Senate Majority Leader’s plan for a vote on his Green New Steal bill: You see, the idea that elected legislators in the national legislature’s premier debating chamber should debate and vote on an introduced resolution is actually a plot to … Read more

6 former NBC/MSNBC journalists speak out about the shadiness that went on behind the scenes at their pro-war, anti-progressive network. Executives dictate what they cover and push them out if necessary.

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by The-Truth-Fairy Phil Donahue: Phil Donahue on His 2003 Firing from MSNBC, When Liberal Network Couldn’t Tolerate Antiwar Voices In 2003, the legendary television host Phil Donahue was fired from his prime-time MSNBC talk show during the run-up to the U.S. invasion of Iraq. The problem was not Donahue’s ratings, but rather his views: An internal … Read more

JUST THINK OF THE MEDIA AS DEMOCRATIC PARTY OPERATIVES WITH BYLINES, AND IT ALL MAKES SENSE

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Fail: WaPo & Vox Journos Get Northam Abortion Position Wrong, Accuse Trump of “Inciting Violence.” The problem with what both Rupar and Gibson asserted regarding Trump “lying” about Northam’s stance on late term abortion? They’re both wrong. Trump got it right. Here’s Northam’s actual quote from that WTOP interview, with bolded emphasis added: When we talk about third trimester … Read more

29 States and D.C permit abortions of healthy, full term babies

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via illinoisfamily.org: Why, I kept asking myself last week, are so many Americans so livid about Governor Andrew Cuomo (D-NY) signing into law a bill passed jubilantly by the state legislature that makes it possible for women to abort full-term babies. Sure, the bill is morally repugnant and the jubilant applause by the legislature was grotesque, but 19 other … Read more

California Nightmare: Over Half Of The People Living In The State Wish They Could Leave

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by Michael Snyder This just shows what can happen when you let crazy people run a state for several decades.  In the 1960s and 1970s, the possibility of moving to the west coast was “the California dream” for millions of young Americans, but now “the California dream” has turned into “the California nightmare”.  According to … Read more

What Caused the Recession of 2019-2021?

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by Charles Hugh-Smith The banquet of consequences is now being served, but the good seats have all been taken. As I discussed in We’re Overdue for a Sell-Everything/No-Fed-Rescue Recession, recessions have a proximate cause and a structural cause. The proximate cause is often a spike in energy costs (1973, 1990) or a financial crisis triggered by excesses … Read more

Reverse Sticker Shock? No Inflation for New Vehicles for 22 Years, Says Consumer Price Index, as Taurus Prices Soared 55%

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But then there’s the “average transaction price.” A new 2019 Ford Taurus, with a sticker price “starting at” $27,800, is a better car in myriad ways than a new 1996 Taurus was at the time, with a sticker price “starting at” $17,995: quality, equipment, performance, comfort, safety, etc. In other words, … Read more

Mortgage Applications Drop Despite Lower Mortgage Rates: Industry is Baffled

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The hope in early January has been unwound. A month ago, mortgages reappeared in the housing-hype circus, when it was widely reported that mortgage applications “soared” and “jumped.” Both types of mortgage applications did so: those used to purchase a home (purchase mortgages) and those used to refinance an existing mortgage … Read more

The 7 Major Flaws of the Global Financial System

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via visualcapitalist: Since the invention of banking, the global financial system has become increasingly centralized. In the modern system, central banks now control everything from interest rates to the issuance of currency, while government regulators, corporations, and intergovernmental organizations wield unparalleled influence at the top of this crucial food chain. There is no doubt that this … Read more

Bombshell! Video Mashup Reveals Pathetic RussiaGate Coverage

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by americanspritecooker Great example of cognitive dissonance. Cognitive dissonance is the mental discomfort experienced by a person who simultaneously holds two or more contradictory beliefs, ideas, or values. The occurrence of cognitive dissonance is a consequence of a person performing an action that contradicts personal beliefs, ideals, and values; and also occurs when confronted with … Read more

California kills 73% of bullet train, keeps 100% of taxes

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by Justice_V_Mercy Not that California’s bullet train is a super important subject for anyone who lives outside of the state but shit like this is exactly why a lot of people are skeptical of government initiatives that require a tax increase. Here how it “potentially” goes. The government pumps out propaganda about the benefits of this … Read more

Perhaps Jay Powell Just Got A Bad Case Of Deja Vu

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by jessefelder Jesse Livermore said, “History repeats itself all the time in Wall Street.” Well, it certainly looks like there is a decent chance we are now repeating the 1937 episode Ray Dalio recounted a while back. The similarities are simply stunning. Below are a few unedited excerpts from his piece. The only change I made was … Read more

Mtg apps, Euro zone industrial production

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by WARREN MOSLER Getting even more serious- year over year down 6%: Highlights The purchase index fell for a fourth straight week and down steeply, at a 6.0 percent rate which is not only the weekly change but also the yearly change as well. The report attributes the fall to “renewed uncertainty about the domestic … Read more

Dear Libertarians: Trade Deficits Matter

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by Spencer P Morrison, NEE Steve Hanke recently set out to prove “why President Trump’s trade message and protectionist policies are rubbish” in a Forbes article. Instead, the Johns Hopkins University economist exposed himself as a word-mincing, logic-twisting sophist—just like every other intellectual mercenary associated with the faux-libertarian propaganda mill that is the Cato Institute. Hanke’s argument: trade deficits … Read more

It’s global warming! Record snow in Hawaii

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by Dr. Eowyn Someone please notify Al Gore and his mini me, Alexandria Ocasio-Cortez. Last weekend, it snowed in tropical Hawaii! Snow falls in Maui, 191 mph wind recorded in Hawaii https://t.co/m42FsSNZyd pic.twitter.com/8qv9CxAUrb — 25NewsKXXV (@25NewsKXXV) February 12, 2019 H/t Clash Daily  

Household debt is growing and more people are having a hard time paying their bills.

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via schiffgold: The national debt has pushed above the $22 trillion mark, but it’s not just Uncle Sam borrowing himself into oblivion. US household debt climbed to a record $13.54 trillion in the fourth quarter of 2018, according to a report released by the Federal Reserve Bank of New York. Total household debt (including mortgages) now stands $869 billion higher … Read more

More than 50% of US renters are cost-burdened

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by APMResearchLab Source: U.S. Census Bureau’s American Community Survey five-year estimates from 2007-2011 and 2012-2016. Five years of data are used to reduce the error margins. ​ Check out the interactive and compare cities on the Tableau public site, or read the original article on the APM Research Lab’s website.      

China is going to need more foreign money as its trade surplus dries up, Morgan Stanley says

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China’s economy is in “long-term decline” and growth from 2020 will be increasingly dependent on foreign capital, according to Morgan Stanley. This year, the current account shortfall could be 0.3 percent of its GDP, and slip further to 0.6 percent in 2020, the investment bank predicted. The report blamed the shrinking current account on China’s … Read more