BRINKSMANSHIP: Maybe they hope it will be voted down! Suddenly, House Democrats want a formal vote on impeachment.

via althouse: The NYT reports. The vote will take place on Thursday, and it will be presented as whether to “affirm” the inquiry… which seems to say that they don’t want to admit that they were doing it wrong, just asking for an affirmation. Democrats are good enough. They’re smart enough. And doggone it, people like … Read more

THE HIGH COST OF HIGH TAXES: JPMorgan Weighs Shifting Thousands of Jobs Out of New York Area.

via bloomberg: “Despite more than two centuries of history in a city synonymous with the global financial industry, JPMorgan is quietly shrinking its workforce there. The bank’s been building up its presence in other locations and is now considering relocating several thousand New York-based employees out of the area to help rein in costs ahead … Read more

CULTURE OF CORRUPTION: The IRS Tried to Hide Emails That Show Tax Industry Influence Over Free File Program.

via propublica: After ProPublica sued the IRS, the agency released emails that show it has allowed the tax preparation industry to write the rules. For a decade and a half, the IRS program to allow most Americans to file their taxes for free has been floundering. Now, IRS emails obtained by ProPublica help show why: The … Read more

Media Tries To Suggest Katie Hill Did Nothing Wrong, Even Though Congress Passed Bill Last Year Banning What She Did.

via dailywire Some in the media have tried to suggest that Rep. Katie Hill (D-CA) resigned because of consensual affairs she had while married. The problem is that, consensual or not, Hill was in a position of power and according to the Left’s #MeToo rules, no person in a position of power can truly receive consent … Read more

MSM is more anti-Trump than pro-America — and the gap between the two is huge.

MOLLIE HEMINGWAY: The Real Reasons Why Legacy Media Are Freaking Out Over Trump’s Successful Baghdadi Mission. Corporate media have moved from at least projecting concern for reporting the actual news into unembarrassed political actors. That enables them to flamboyantly spin — as opposed to their previous method of subtly spinning — even major news with indisputable … Read more

Democrat Katie Hill RESIGNS Amid Growing Scandal, So Ilhan Omar Should Resign Next Right?

Democrat Katie Hill RESIGNS Amid Growing Scandal, So Ilhan Omar Should Resign Next Right? Amid an expanding scandal involving Democratic Rep Katie Hill she has announced her resignation from congress. Hill was accused of having an affair with staffers in violation of House ethics rules and was placed under investigation. Following her announcement many Democrats, … Read more

The Billion Dollar Bet On An Oil Price Crash

by Zerohedge Mexico’s oil hedgers, one of the world’s most-active sovereign oil-trading desk, has spent nearly $1 billion on options contracts to protect the government’s revenues from oil sales for 2020 against volatile price action. The news is especially notable because, as we reported last month, Russia is considering oil prices could drop to as low as $25 in 2020. … Read more

U.S. Shale Braces For Brutal Earnings Season

By Nick Cunningham A lot of big names will report third quarter earnings this week, and the results are expected to be worse than the same period in 2018. The timing comes as the shale sector is facing somewhat of a reckoning. After years of price volatility – with more downs than ups – oil … Read more

Subprime Auto Loans Defaulting At FASTEST PACE Since Financial Crisis! Debt Imploding

In your opinion, what do you think is the biggest potential TRIGGER event the world faces today? We were told the Financial Crisis was the last of subprime we would see. Unfortunately, that’s not the case. We are watching countless Americans finding themselves further and further in debt. It has now become mathematically impossible for … Read more

RUSH: The reason Barack Obama was elected — there are many, obviously, but I think there are two big ones.

via rushlimbaugh:   But the main reason Obama was elected was a bunch of people in this country, very distressed and fed up with the ongoing allegation that they and the rest of the country were a bunch of racists and bigots, and they believed that if they participated in electing the first African-American president, that … Read more

Visualizing the Massive Cost of Cybercrime

via visualcapitalist: View the full-size version of this infographic. What do Equifax, Yahoo, and the U.S. military have in common? They’ve all fallen victim to a cyberattack at some point in the last decade—and they’re just the tip of the iceberg. Today’s infographic from Raconteur delves into the average damage caused by cyberattacks at the organizational level, sorted by type … Read more

“This Is Remarkable”: For The First Time Ever, Companies Missing EPS Are Surging (By The Most On Record)

via Zerohedge: Following a decade during which markets learned that economic data is irrelevant in a time when central banks are injecting trillions in liquidity and corporations are issuing trillions in debt to repurchase trillions in stocks pushing the S&P to all time highs, one can now say the same about corporate earnings, initially in … Read more

Visualize the Top 25 Private Cloud Companies in the World

by howmuch Cloud computing is changing the economy and transforming the way millions of people work, and private companies with multibillion dollar valuations are at the forefront of the disruption. Our latest visualization reveals the top 25 private cloud companies. Stripe takes the top spot in the Forbes Cloud 100 ranking with $785M in private … Read more

Will MMT Work as Intended, Or Will It Trigger the Collapse of “Money”?

by Charles Hugh-Smith MMT is presented as the solution to the “problem” of insufficient government funding, but that’s not the real problem. Modern Monetary Theory (MMT) is presented as a means to painlessly fund the large-scale infrastructure / alternative energy spending the nation needs to rebuild and modernize. While most people support the goal of useful … Read more