Chicago task force recommends UBI of $1,000/month for struggling families

by DCG As if this idea hasn’t been tried and failed, many times. From MyFoxChicago: Would a universal basic income help to alleviate poverty in Chicago? Some residents may be about to find out. A new proposal unveiled by a mayoral task force late last week would provide 1,000 struggling Chicagoans with $1,000 per month — no strings attached. … Read more

America as O-Ring

by Spencer P Morrison, NEE On January 28, 1986, the space shuttle Challenger exploded. All seven astronauts were killed. Eyewitness Frank Mottek described the scene: Just then we both stood up and looked up at the shuttle making its way farther and farther into the sky. Suddenly, I was struck by a pattern I had never seen before. … Read more

Oklahoma bill introduced for Constitutional Carry

by DCG Our new governor, republican Kevin Stitt, stated during his campaign that he would support this action. One of the reasons I voted for him. And if you ask anyone where I live in Oklahoma, the only people who find this “controversial” are the gun grabbers. From News 9: A controversial bill to allow the permitless … Read more

America is Now China’s Mercantile Resource Colony

by Spencer P Morrison, NEE China’s economy is now the largest on earth. Its industrial output is triple that of the United States. Its population, quadruple. To make matters worse, Chinese computing power is on par with ours and their scientific output is gaining fast. This is no accident. Like Britain, China transitioned from an agrarian … Read more

HUGE! Ocasio-Cortez CAUGHT IN MAJOR LIE! Top Adviser SQUIRMS When Confronted on LIVE TV!

Gregg Re from Fox News reports, Robert Hockett a top adviser to New York Democratic Rep. Alexandria Ocasio-Cortez has admitted that an official “”Green New Deal”” document posted by Ocasio-Cortez’s office contained a guarantee of economic security even for those “”unwilling to work”” — but not before he went viral in progressive circles for claiming … Read more

Mexican Cartels Paid Off Mexican President With $100 Million Former Democrat Claims Party Being Paid Millions By Cartels

(Gateway Pundit) – The Democrats aggressively block the President’s desire to protect Americans and build a border wall on the southern border with Mexico. Democrat attempts to block the wall in spite of significant evidence that it is needed indicate there is an unknown reason for their defiance. Above: Nancy Pelosi, former Mexican President Enrique … Read more

FINALLY Ninth Circuit Sides With Trump on Border Wall.

The infamously liberal Ninth Circuit Court of Appeals just sided with the Trump Administration on a border wall case, as The Hill reports: A California-based federal appeals court on Monday sided with the Trump administration in lawsuits brought by states and environmental groups challenging the U.S. government’s authority to expedite construction of barriers along the border with … Read more

On Negative Interest Rates, The War On Savings And Being Bamboozled

by Brian Maher of Daily Reckoning “From time immemorial proverbial wisdom has taught the virtues of saving,” wrote Henry Hazlitt, “and warned against the consequences of prodigality and waste.” Hazlitt authored his masterly primer on economics, Economics in One Lesson, in 1946. Yet he etched it in the rock of ages with its insights timeless. “But … Read more

Report: Chicago Is The Most Corrupt American City

“CHICAGO (CBS)–The Chicago metropolitan area was ranked as the most corrupt U.S. city in a new report from the University of Illinois at Chicago. Along with Chicago, Los Angeles topped the list of the most public corruption convictions in America, based on the number of federal corruption convictions between 1976 and 2017. Chicago had 1,731 … Read more

Fusion GPS is a government contractor?

OMG They were being paid by the Intelligence Community – and not just concerning the Dossier Court documents have surfaced that seem to verify this information ! This is WHY Fusion GPS fought so hard and so long not to turn over their bank records – but now they have. I’m just going to leave … Read more

Facebook and Google news should be regulated, Cairncross Review says

A regulator should oversee tech giants like Google and Facebook to ensure their news content is trustworthy, a government-backed report has suggested. The Cairncross Review into the future of UK news said such sites should help users identify fake news and “nudge people towards news of high quality”. The review also said Ofcom should assess … Read more

BUDGET DEAL ‘REACHED’… $1.375 billion to build 55 miles of new border barriers

Negotiators reach deal ‘in principle’ to avert shutdown The agreement represents a remarkable turnaround within 24 hours. Congressional negotiators announced an “agreement in principle” Monday night on a broad spending bill they hope will satisfy President Donald Trump’s demands for additional border barriers and avert another government shutdown at the end of this week. The … Read more

Stagflation Versus Hyperinflation

by Martin Armstrong QUESTION: Reading your posts it seems to me you disagree with the pending hyperinflation forecasts.  What do you see coming then? PH ANSWER: Hyperinflation comes when two primary requirements are met: (1) there is a complete collapse in the confidence of the government; (2) the government can no longer borrow and can only create money … Read more

We are now facing a reality of QE to infinity

by Shaun Richards Today has according to CNBC brought us to a birthday anniversary. Happy birthday to the BOJ it’s the twentieth anniversary of them starting QE ( @purpleline) As ever the picture is complicated as the Bank of Japan started buying commercial paper ( which we consider part of QE now) in 1997 and … Read more

What an increasing recession probability means for the stock market

by Troy As the S&P 500 stalls at its 200 day moving average, recession probabilities are rising according to the New York Fed. Let’s look at what this means for the stock market.   Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by objectively quantifying … Read more

Central Banks Buy Most Gold in Decades

From Birch Gold Group This week, Your News to Know brings you the most recent updates on gold and silver. Stories include: Central banks are buying gold in record numbers, silver to reclaim its “precious” status, and how China’s Lunar New Year will boost gold demand. Central banks haven’t bought this much gold since 1971 With gold riding … Read more

Capitalism Isn’t Bad, It’s Just Broken

By John Mauldin The Soviet Union’s collapse ended the socialism vs. capitalism argument. Semi-free markets spread through Eastern Europe. Collectivist economies everywhere began turning free. Capitalism seemingly won. Even communist China adopted a form of free market capitalism. Although, as they say, it has “Chinese characteristics.” With all its faults and problems, capitalism generated the greatest accumulation … Read more