via Bloomberg: The U.S. government produces data—a lot of data, from figures about the economy to steel to crops to commodity trading. And the partial federal shutdown has slowed the flow of data to a trickle, thanks to the closure of various agencies. That makes things difficult for the many people who depend on such … Read more
via outline: Remember the subprime mortgage mess? $1.2 trillion in risky corporate debt is flashing similar warning signs Indebted borrowers increasingly take out high-interest, adjustable-rate loans that are packaged into securities and sold to investors eager for a better rate of return. Everything’s fine while the economy is growing. But when it slows, those borrowers could … Read more
by throwaway38 This is a response to a post I read here the other day where someone said they had became so obsessed with their finances, and working overtime, that they no longer found joy in any of their hobbies. While it is obviously important to be fiscal, have an emergency fund, and save for … Read more
by hammertime84 Marginal tax rates and potential confusion around them have been in the news a bit lately. I’d never actually seen the effective rate and marginal rate plotted together this way and it worked out well. I used the single-filer rates, and assumed the only deduction being used is the standard deduction. I also … Read more
via businessinsider: The US housing market took a dark turn in 2018 as homebuying fell off a cliff and mortgage lenders saw a steep decline in applications, originations, and profits. Interest rates are partly to blame for the slide in housing, but that’s only half of the equation, according to analysts. It’s too soon to panic, … Read more
by AssaultOfTruth Evidently a lot of people still do not understand how annual bonuses work. Now, there are multiple ways they work, but in a lot of cases, such as mine, such as a guy I know who just gave notice this week to his employer, they work like this: In the first couple of … Read more
via ktla: A man among a group of migrants detained in a desolate part of New Mexico near the border with Mexico has been diagnosed as infected with flesh-eating bacteria, the U.S. Border Patrol said Friday. The man was taken to a hospital in recent days after telling a federal agent that he had a growing … Read more
by DCG You can never hear enough about these types of happy endings… From St. Louis Post-Dispatch: A homeowner shot and killed one of three men trying to break into a St. Louis home late Wednesday, police said. Police received a call for help about 11 p.m. from a home in the 3900 block of Alberta Street, … Read more
by Amy S. Several nations, including China and Russia, are building powerful nuclear bombs designed to produce super-electromagnetic pulse (EMP) waves capable of devastating all electronics—from computers to electric grids—for hundreds of miles, according to a newly-released congressional study. According to The Washington Free Beacon, the countries have nuclear EMP weapons built into their military plans. A … Read more
The Kremlin loves shadow wars. (bumped) Private military contractors who do secret missions for Russia flew into Venezuela in the past few days to beef up security for President Nicolas Maduro in the face of U.S.-backed opposition protests, according to two people close to them. A third source close to the Russian contractors also told … Read more
There’s another interpretation of QM that doesn’t throw logic out the window – however, it requires the entire wavefunction to be non-local. h/t d8_thc
by OB1_kenobi First, here’s a link that many of you will remember… since the story only dates back to December. https://www.theguardian.com/world/2018/dec/10/venezuela-russian-bombers-maduro And the US took a pretty dim view of Russian assistance and strategic bombers visiting Venezuela. https://www.cnbc.com/2018/12/11/pentagon-knocks-russias-bomber-deployment-to-venezuela-amid-economic-turmoil.html Now, amidst all the chaos and confusion, the opposition leader declares himself President and immediately gets recognition by … Read more
The former longtime political adviser to President Trump is indicted on charges of obstruction, making false statements and witness tampering in the Mueller probe.
by Voluntaryist This is comedic-level banana republic shit we’re seeing here. The Founders would be ashamed of what we’re putting up with. ——- Roger Stone draws the same judge who threw Paul Manafort in jail https://www.bloomberg.com/news/articles/2019-01-25/roger-stone-draws-the-judge-who-threw-paul-manafort-in-jail?srnd=premium Judge has ruled on Benghazi & Fast-and-Furious https://www.bloomberg.com/news/articles/2017-11-02/trump-s-ex-campaign-chief-faces-obama-appointee-on-bench Judge was appointed by Barack Hussein Obama https://en.wikipedia.org/wiki/Amy_Berman_Jackson ——- No conflict of … Read more
Students were quick to blame Trump for the government shutdown… until they learned about the offer he gave Democrats that was shot down. Kinda shows how the Media like CNN and MSNBC can easily manipulate people into joining one side……… and easily be swayed when told the truth. h/t Romax
via CBSNEWS: The Sackler family name is attached to universities and prestigious institutions around the world, from New York City to London to Beijing, but what you don’t often find the name publicly tied to is the pharmaceutical company the family built – Purdue Pharma – and the deadly opioid crisis, which some family … Read more
If Roger Stone was indicted for lying to Congress, what about the lying done by Comey, Brennan, Clapper, Lisa Page & lover, Baker and soooo many others? What about Hillary to FBI and her 33,000 deleted Emails? What about Lisa & Peter’s deleted texts & Wiener’s laptop? Much more! — Donald J. Trump (@realDonaldTrump) January … Read more
The MSM is now laying off people. Nancy Pelosi says no to the SOTU, Trump says he will do it after. Pelosi might be pretending to lose her mind and this is part of the plan. Trump strategy is to split the Dems, show what the DS is all about, and expose it all. The … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But for the markets: “No Data is Good Data” “NOTICE: Due to a lapse in federal funding this website is not being updated,” it says in big lettering against a bright red background at the top of the data sites of the Department of Commerce. This morning, the Commerce Department was … Read more
The Covington event had many agendas associated with it. The FBI raided Roger Stones house and CNN was on the scene, how did they know? This is all part of the plan, military planning at its finest. The arrest had nothing do with Russian collusion which shows again there is no Russian collusion. Trump reopened … Read more
For over a month, Democrat House Speaker Nancy Pelosi has been seen as the main opponent to Trump’s plans for a border wall. https://www.youtube.com/watch?v=WP5dSsMiSsk
Just on fox business news. this is not the clip they played on fox business news but its the only one I could find, there is more to this presser than is posted at about 6:30 Reporters told by @POTUS he’ll declare an emergency if no border security deal reached. — Steve Herman (@W7VOA) January … Read more
by sundance Taking a victory lap around the White House, Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer hold a press conference after President Trump agreed to temporarily re-open government (three weeks), without any funding or promises toward a southern border wall. . Additionally, it seems Speaker Pelosi is positioning herself to use the current … Read more
by Jesse Colombo OilPrice.org published a piece this week called “Warning Signs Flash For U.S. Shale” – The shale tidal wave may finally be starting to ebb. The largest oilfield services company in the world says that shale drilling activity is slowing, creating an uncertain outlook for 2019. The recent volatility in oil prices has … Read more
Via ZeroHedge Trump Announces 3-Week Stopgap Deal, Threatens ‘National Emergency’ If No Wall Funding Update 3 (2:20 pm ET): Trump has announced a tentative deal to reopen the government for 3 weeks until Feb. 15. TRUMP: AS EVERYBODY KNOWS, I HAVE “VERY POWERFUL ALTERNATIVE” TRUMP SAYS HE WILL SIGN BILL TO OPEN GOVERNMENT FOR 3 WEEKS … Read more