Will Fed Cuts Help the US Dodge Recession?

by FS Has the U.S. dodged a recession heading into 2020? Should we be worried about the different stories emerging from the manufacturing and consumer sides of the U.S. economy? On a recent edition of the Financial Sense Newshour Jim Puplava and Chris Preitauer discuss these issues and hear from technician Tom McClellan and Frank Holmes of … Read more

Tesla Discloses US Revenues Collapsed 39%. Americans Sour on its Cars, Pent-Up Demand Exhausted

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is a holy-cow moment. This morning, Tesla filed its Form 10-Q quarterly earnings report with the SEC, a moment when no one was supposed to pay attention after the surprise quarterly profit that had caused such a hullabaloo last week. The 10-Q provides a pile of additional detail that Tesla is not … Read more

Has California Lost The Mandate of Heaven?

by Charles Hugh-Smith At that point, it’s too late: there’s no bid for overpriced decaying bungalows, overpriced tech stocks, etc. In Chinese history, natural disasters were viewed as portents that the The Mandate of Heaven (tianming or “Heaven’s will”) had been withdrawn from the ruling dynasty. Broadening this concept a bit to regional dominance and power, we might … Read more

The Boom Turns Into A Bust – Here are 14 Signs That The U.S. Economy Is Steadily Weakening

by Michael Snyder There should no longer be any doubt that the U.S. economy is slowing down, but most Americans still don’t realize what is happening because the major news networks are completely focused on the endless impeachment drama that is currently playing out in Washington.  And without a doubt that is important, because it threatens to … Read more

California Faces 72 Hours Of Hell As “Devil Winds” Turn The Current Wildfires Into Unstoppable Infernos

by Michael Snyder An “extreme wind event” will relentlessly pummel the state of California on Tuesday, Wednesday and Thursday, and it will be a challenge unlike anything firefighters in the state have ever faced before.  Right now there are 17 wildfirescurrently burning in the state, but that number is expected to rise significantly over the next … Read more

Walmart’s Domination of the U.S. Grocery Market

by visualcapitalist One wouldn’t expect the grocery department of a big box retailer to spark debate, but Walmart’s high market concentration in the grocery space is doing just that. By now, Walmart’s rise to the top of the retail pyramid is well documented. The Supercenters that dot the American landscape have had a dramatic ripple effect on surrounding … Read more

“Joe Biden is NOT really running for President.”

I'll say it again for those in the back Joe Biden Is NOT Really Running He isn't raising money, he isn't buying digital real estate for his campaign, and now this https://t.co/mqXcBto4jW — Tim Pool (@Timcast) October 29, 2019 Joe Biden’s Iowa state director doesn’t live full-time in Iowa and hasn’t worked on a campaign … Read more

It’s happening! Britain WILL head to polls this winter as lawmakers vote for December 12 snap election

UK MPs have voted for a pre-Christmas general election to take place on December 12. After multiple attempts by PM Boris Johnson to force a poll, he’s finally got his way in a bid to break the Brexit impasse. Lawmakers in the House of Commons on Tuesday voted in favor of Johnson’s early parliamentary general … Read more

Skynet Smiles, Licks His Virtual Chops

Let’s Talk About That Video Of The Gun-Shooting Killer Robot. I’m glad I didn’t actually say anything, because the video actually features a clever bit of CGI instead of a real hunk of clanking metal. In fact, if you watch the entire segment, it quickly becomes apparent that either the robot is fake or the … Read more

We’re failing at some very basic, vital stuff.

THE OCEANS AREN’T GETTING ANY SMALLER: Navy admiral: A 355-ship Navy may not be attainable. “Will we get to 355 ships?” Burke asked at the Military Reports and Editors conference in Arlington, Va. “I think with today’s fiscal situation, where the Navy’s top line is right now, we can keep around 305 to 310 ships whole, … Read more

Israel is closing all of its embassies

This is done before something big usually goes down Due to the decision of the Ministry of Finance to breach understandings and to alter a protocol that has been in place for several decades, we are forced to close our Embassy. No consular services will be provided and no one will be allowed to enter. … Read more

First House Resolution Text on Impeachment Process here (in PDF Format)

https://docs.house.gov/billsthisweek/20191028/BILLS-116-HRes660.pdf House Democrats on Tuesday released the text of a resolution outlining the procedures for conducting the impeachment probe into President Donald Trump. The eight-page resolution, submitted Tuesday by Rules Committee Chairman James McGovern, D-Mass., directs Democrat-led House panels to “continue their ongoing investigations” as part of the inquiry into “whether sufficient grounds exist for the … Read more

GOOGLE Funds 29 Journalism Projects That Swing Left… FACEBOOK Censoring Conservatives; Company Blames ‘Moderation Mistakes’

Google Funds 29 US Journalism Projects That Decidedly Swing Left The same day Facebook launched its “News” tab, Google quietly poured money into news projects around the world. But many of these projects are aimed in one political direction. The new project, the Google News Initiative North American Innovation Challenge, announced 34 news projects to be … Read more

California Legislates More Sleep For Better Health

Teenagers don’t get enough sleep, and California’s effort to fix the problem may serve as a wake-up call to other states’ lawmakers. A law recently signed by Gov. Gavin Newsom that mandates later start timesfor most students — no earlier than 8 a.m. in middle school and 8:30 a.m. in high school — is the first statewide … Read more

Report: Staffers Allegedly Confirmed Katie Hill’s Affair With Legislative Director, Leading Pelosi To Demand Resignation.

via dailywire: Rep. Katie Hill (D-CA), who resigned Sunday following allegations that she had an affair with a congressional staffer, was reportedly told to resign by House Speaker Nancy Pelosi (D-CA). Radio host Joe Messina reported on his Monday program “The Real Side,” that Hill’s resignation was demanded by Pelosi after the speaker learned that staffers … Read more