Alleged Smuggler Tries Boating into America, Accidentally Lands at Naval Weapons Station

Kara Pendleton for the Conservative Tribune reports, With all of the attention surrounding the southern border of the United States and building a wall, it is important to note that some people from across the world use other means to attempt illegal entry. While some simply overstay their visas, others try to enter illegally at … Read more

No heat for over a week at Brooklyn New York detention center…video of inmates banging on Windows in protest

https://abc7ny.com/angry-protesters-confront-correction-officers-at-brooklyn-detention-center/5117105/ LAWYERS: BROOKLYN INMATES STUCK IN DARK, FREEZING CELLS SUNSET PARK, Brooklyn – Hundreds of inmates at a federal jail in New York City have spent days in cold, dark cells amid frigid weather and without access to visitors or email, attorneys for the inmates said Friday. Lawyers from the Federal Defenders office said there’s … Read more

Snopes pulls out of fact-checking partnership with Facebook

via phys.org: Snopes, the popular myth-busting website, said Friday it was ending its fact-checking partnership with Facebook as part of a “difficult, but necessary change.” A Snopes statement said it was “evaluating the ramifications and costs of providing third-party fact-checking services,” and wants the efforts to be “a net positive for our online community, publication, and staff.” The … Read more

The Coming Global Financial Crisis: Debt Exhaustion

by Charles Hugh-Smith The global economy is way past the point of maximum debt saturation, and so the next stop is debt exhaustion. Just as generals fight the last war, central banks always fight the last financial crisis. The Global Financial Crisis (GFC) of 2008-09 was primarily one of liquidity as markets froze up as a … Read more

7 Financial Truths In An Uncertain 2019

by GoldCore 7. Diversify, diversify, diversify – Truly balance your savings and investments 6. Avoid leverage and speculation and focus on saving and owning quality assets 5. Don’t make money the guiding principle for what you have or do 4. Own gold/ silver (in safest ways) & focus on value rather than price in fiat … Read more

Is this the Beginning of a Globalized Housing Downturn?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Housing has became a global financialized asset class. The possibilities seemed unlimited. And this flow of money, along with local factors, has created enormous distortions in some markets. But the priciest markets are now starting to experience price declines. This includes the priciest markets in the US, Canada, Australia, the UK, Hong Kong, … Read more

Despite low rates and massive liquidity, global capital expenditure (investment) is falling; Q1 earnings growth crashes; The recession risk over the next 12 months is now a whopping 49%. Ouch!

Despite low rates and massive liquidity, global capital expenditure (investment) is falling. There will be a say when central planners will undertsand the word "overcapacity" and stop the fallacy of stimulating a demand that has been overstimulated for years. pic.twitter.com/PVKWqoiJjn — Daniel Lacalle (@dlacalle_IA) February 3, 2019 The Profit Party Is Over: Q1 Earnings Growth … Read more

Italy Guns For Glass-Steagall-Type Law to Break Up Banks, Cut Bailout Costs for Taxpayers

The banking lobby and the ECB will have a cow. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. On Friday, Italy’s coalition government unveiled new banking regulations that it hopes to pass in the coming months, including a rule that would separate banks’ commercial and investment arms. It would be the Italian equivalent of the Glass-Steagall … Read more

Doctor tells Alexandroid Occasional-Cortex in congressional hearing that he agrees with Trumps plan

https://www.youtube.com/watch?v=_YJIzhh6cP4 Doctor Tells Alexandria Ocasio-Cortez He Agrees With Trump’s Plan today Alexandria Ocasio-Cortez makes her first appearance in the house oversight and government reform committee where she questioned doctors on prices of goods for certain health companies this is latest news and breaking news in politics and political news and is news today in today … Read more

‘Profit from war crimes’: Israel accused of justifying settlements by using tourist booking sites

‘Profiting from war crimes’ – that’s what a new report, by Amnesty International, says tourism companies are doing by listing accommodation in disputed West Bank settlements. The report has prompted one Israeli minister to call for the human rights group to be banned from the country. https://www.youtube.com/watch?v=bEw9nnLRibs  

CA’s Pension Funds Losing Billions in PG&E’s Post-Wildfire Stock Crash

via sacbee: Nobody is happy about PG&E’s bankruptcy filing, but California’s two biggest public pension systems are positioned to absorb losses on the utility’s stock without major repercussions. That’s because the pension funds’ multi-million dollar investments in PG&E are tiny fractions of the portfolios that CalPERS and CalSTRS control. Pacific Gas & Electric Co. and parent company … Read more

January Global Factory PMI Numbers Dismal, Posting Weakest Showing in Years

via Reuters: Factory activity was at its weakest in years across much of the world during January, adding to worries trade tariffs, political uncertainty and cooling demand poses an increasing threat to global growth. Weak Purchasing Managers Index (PMI) readings reinforce expectations central banks will put any further interest rate hikes on hold this year and … Read more

Joe Rogan Under Massive Attack by His Own Fans After Interview With Jack Dorsey That They Say Exposes Him as a Twitter Shill SellOut

Joe Rogan Experience #1236 – Jack Dorsey   (Check the Rating and Comments on the video.) Mark Dice’s and Sargon of Akkad’s comments both being deleted. “Georgi Georgiev 1 hour ago Mark Dice’s deleted comment” “Kempyx 2 hours ago Sargon of Akkad’s comment with over 1800 likes just vanished!” ***UPDATE #1*** Zyndr 4 hours ago … Read more

Senate Vote Opposes Ending US Wars in Syria, Afghanistan: It’s tantamount to a vote advocating a state of permanent war…Congress never actually authorized the war in Syria at all.

by axolotl_peyotl Were Trump’s announcements of an end to the wars in Syria and Afghanistan premature? Did Trump actually think he would be able to challenge the genocidal military industrial complex, or was he deliberately promoting false hope for a more peaceful future for humanity? via antiwar: The non-binding resolution was passed with overwhelming support from … Read more

Bad or Absolutely Genius: Boomers should just buy Inverse ETFs and hold until the next financial collapse.

by Question-Asking_Prof – The theory here is that there are a ton of boomers out there with fat IRAs. – Short-selling is not allowed in an IRA. – But the markets are inevitably going to correct before their retirement. (assumption) – They don’t want to lose all kind of money and potential Harley Davidsons. – … Read more