The typical tangled web of Chinese corporate ownership….Bernie Madoff with Chinese characteristics
SINGAPORE (Reuters) – The collapse in China of a complex web of debt guarantees involving several private firms highlights risks in its financial system and opens up a potentially hazardous front for an economy in the grip of its slowest growth in nearly three decades. It is the last thing Beijing needs as it tries … Read more
MONEY ANXIETY INDEX – US economy topped out in 2018. The markets will soon realize this.
https://twitter.com/OccupyWisdom/status/1095279587406299136 https://twitter.com/OccupyWisdom/status/1095123331089645569 commodities fade, when macro backdrop is deteriorating, it is kind of hard to hold a cheerful narrative pic.twitter.com/a388Rrdmaa — Alastair (@StockBoardAsset) February 12, 2019 Investors with $515 billion surveyed by Bank of America Merrill Lynch aren’t convinced by the new-year equity rally and prefer cash to stocks https://t.co/KoUbXWe650 — Bloomberg Asia (@BloombergAsia) February … Read more
Target app lured customers with lower prices, which mysteriously increased as users approached store
“Somebody at Target programmed in an algorithm which says someone who is 50 feet within the store is willing to pay more. The most reasonable explanation is that you just revealed your commitment to buying the product, you’re in the store, or in the parking lot. If you are further away, you haven’t quite committed, … Read more
Confronted With Details Of Green New Deal, Ocasio-Cortez Claims Not To Speak English
Via The Babylon Bee WASHINGTON, D.C.—The controversial Green New Deal ran into trouble early on when an FAQ of the details was placed on Alexandria Ocasio-Cortez’s website and then pulled down after it received scrutiny. For a while her people claimed the FAQ never existed, and when directly asked about it, Ocasio-Cortez has not answered … Read more
THE SUCCESS OF THE EUROPEAN UNION WILL BE THE DEATH OF EUROPEAN CULTURE
by John Ward Without the retention and encouragement of natural, bottom-up cultures, the human race will sink into an abyss of bureaucratic status quo. The battle between controlling process and open-minded creativity is the war of our Age. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ Ever since Microsoft bought Skype – now somewhat old hat, but ten years ago, a revolution in … Read more
All the ways Gen X is financially wrecked
Via Marketwatch Reality bites. While millennials garner much of the negative press around financial issues — they live with their parents because they can’t get jobs! They spend all their money on avocado toast! — Gen Xers may be the ones who are really in trouble. Just 16% of Gen Xers say that they included … Read more
What to Expect if Markets Correct Next
By Harry Dent I hate to be so cynical, but the markets love to fool as many people as possible, bulls and bears alike. This is especially true at key turning points and even more so in extreme bubbles like the one we’ve been in since late 1994, with this final phase – and it’s unprecedented QE … Read more
PROTECTION RACKET: FCA Paid $77 Million in Civil Penalties to Sell Cars People Actually Want to Buy.
via thetruthaboutcars: In December, the National Highway Traffic Safety Administration (NHTSA) issued a report claiming the industry faced millions in fines from 2016 and that one manufacturer was expected to pay significant civil penalties. You can probably guess which one. But FCA is by no means the only automaker affected by stringent fuel rulings. The NHTSA … Read more
WHEN EVEN VOX IS NOTICING: Vox: Say, AOC’s Story About The Green New Deal FAQ Doesn’t Add Up.
via hotair: Monday, both the Washington Post and the NY Times wrote articles about the appearance and disappearance of the Green New Deal FAQ. Both articles adopted the self-serving explanations of Alexandria Ocasio-Cortez’ Chief of Staff who had belatedly claimed over the weekend that the whole thing was a big mistake. The Green New Deal FAQ, which contained lines about … Read more
State of Emergency: Winter Storm Maya Will Hammer the Midwest
Winter Storm Maya will continue to hammer the Midwest and Northeast through Wednesday. Heavy snow and strong winds will impact the upper Midwest. Accumulating ice will slicken roads and may trigger power outages and tree damage. Parts of the Interstate 95 corridor in the Northeast will see a mix of snow, sleet and freezing rain … Read more
THE GREEN NEW DEAL WILL MEAN TRASHING ENVIRONMENTAL LAWS
The Green New Steal…err…Deal envisages a massive and rapid transformation of society akin to mobilization for the Second World War. An under-appreciated aspect of what that means is that laws that delay projects in the name of assessing environmental impact will have to be ripped up. My colleague Myron Ebell explains: One aspect of covering the … Read more
NY Governor Cuomo calls for emergency meeting with President Trump! guess what he is furious about? Higher taxes
And get this, the man who cannot murder children fast enough not only wants Trump to change the deduction cap on taxes. But, wants his help to stop people from fleeing his high tax state. 800,000 people a year fleeing NY due to its enormous tax rate you know all those stories in the news … Read more
Man suffers brain damage – immediately can play piano like an expert – Acquired Savant Syndrome
DENVER (CBS4)– A bang to the head changed a Colorado man’s life by revealing a hidden talent. Doctors say pianist Derek Amato is one of the few people in the world to have experienced the rare phenomena called Acquired Savant Syndrome.. ..He says the music is in his mind. He sees it in his head, … Read more
LIVE FEED Caracas as 1 millions people are on the streets to topple MADURO
This is a revolution folks https://youtu.be/WvJud8WShsg The Ruptly feed seems to be the same as Sputnik. Live: Youth for Venezuela protest AC
Jim Jordan GRILLS Anti-Trump Government Official On His Negative Trump Tweets
https://youtu.be/BjfF2hSsYHc Jim Jordan GRILLS Anti-Trump Government Official On His Negative Trump Tweets today during oversight committee hearing jim jordan in the house oversight and reform committee this is news and latest news and breaking news and in politics and political news and current events and business original air date: 2/6/2019
Sean Hannity is right calling it “garbage compromise”, this deal between Dems and Republicans does NOT provide what’s needed to safeguard our borders and national security.
The tentative border-wall compromise deal reached Monday night while President Trumpwas making his speech at a rally in El Paso, is “garbage,” said Fox New’s Sean Hannity. He wasn’t the only one. Republican lawmakers who have backed Trump’s call for $5.7 billion in infrastructurefunding said the deal is a no deal as the Friday deadline looms for … Read more
Bravo, Senator Rand Paul–Will Oppose Barr, Defend The 4th Amendment
Sen. Rand Paul (Ky.) said on Monday that he will oppose President Trump‘s attorney general nominee, becoming the first Republican to come out as a “no” vote on William Barr. Paul told Politico that he had concerns about Barr’s record on privacy, calling him a “chief advocate for warrantless surveillance of U.S. citizens.” A spokesman for Paul didn’t immediately respond … Read more
Washington’s Venezuela Coup Is An Old Story: “Plaguing Latin America With Misery In The Name Of Liberty” Said Simon Bolivar
via truthout.org: As Venezuela’s second president, Simon Bolivar, noted in the 19th century, the US government continues to “plague Latin America with misery in the name of liberty.” From engineering coups in Chile and Guatemala, to choreographing a troop landing at the Bay of Pigs intended to establish an exile government in Cuba, to training Latin American strongmen at the School of the Americas in … Read more
The U.S.-Backed Drug War in Mexico Has Never Been Deadlier
via counterpunch.org: The Trump administration is continuing to help the Mexican government wage a war on drugs despite a recent report that more than 33,000 Mexicans were killed in 2018, a new record. According to Mexico’s Secretariat of Security and Citizen Protection, there were 33,341 homicides in Mexico in 2018. The number of deaths broke the … Read more
Mike Maloney: Are we in a recession already? … Lynette Zang: “QE to infinity” will be the new normal …
by John Rubino Mike Maloney: Are we in a recession already? … Lynette Zang: “QE to infinity: will be the new normal … David Morgan: Silver will shine again … Max Keiser: Are we back on a gold standard? … Is Tulsi Gabbard the best Democrat? …
Be careful with using the “pay fees from my tax return” feature in TurboTax!
by jbOOgi3 Was doing my taxes with TurboTax yesterday. Got to the payment screen. I was aware I would have to spend $39 for the deluxe version of the software based on my return. They asked if I wanted to pull the fee from my returns. I figured, sure, why not? So I selected … Read more
Apple Going After the Independent Media
https://www.youtube.com/watch?v=9f7M1me7-wo Apple is trying to control the flow and disseminate the control of information RH
Goldman Sachs smashes quarterly expectations, on to its best trading day in ten years. What does it indicate?
On January 16th, 2019 Goldman Sachs enjoyed the best trading day in decade, on the back of fourth quarter results that far exceeded analyst expectations. These are the first set of results announced under the leadership of new CEO David Solomon. So, do these record-breaking results suggest that markets are primed for a rebound? Looking … Read more