GE Attempts to Unload Debt by Offering Discounted Pension Buyouts

From Birch Gold Group We’ve covered a part of General Electric’s (GE) pension nightmare before, but now it appears that nightmare has gotten scarier. According to USA Today, “General Electric is offering buyouts to about 100,000 pensioners and freezing the retiree payments for about 20,700 salaried pensioners.” So 20,700 people have suddenly seen the last of their pension … Read more

RUSH: There is a hidden level of support that the media’s not catching, that pollsters are not catching. It was true of 2016. I think it’s gonna be even more true in 2020.

via rushlimbaugh: CALLER: Anyway, talking about how the Democrats, like you’ve been discussing in depth how they’re trying to pull the president’s base, it’s not gonna happen. It’s never gonna happen. I was at the rally in Dallas last week and I’ll tell you, everybody was fired up. And as you could tell by my accent, … Read more

A bunch of urban progressives, mostly, living a lifestyle subsidized by the money-losing investments of billionaires. And yet everyone on the stage at the Democratic debates was dissing billionaires.

“I DON’T KNOW IF IT MAKES SENSE, AND I DON’T KNOW HOW LONG IT’S GOING TO LAST.” The Millennial Urban Lifestyle Is About to Get More Expensive. “If you wake up on a Casper mattress, work out with a Peloton before breakfast, Uber to your desk at a WeWork, order DoorDash for lunch, take a Lyft home, … Read more

SHE’S BACK! Kirchner, facing nearly dozen criminal cases, poised to become Argentina’s next vice president!

In 2018, the International Monetary Fund (IMF) approved the largest bailout package in its 73-year history. The $57 billion loan to Argentina was supposed to backstop the country’s faltering economy and end its pattern of cyclical crises. By way of comparison, the Argentine bailout was roughly five times what the IMF approved in 2016 to stave off economic collapse … Read more

SUPER PUMP: Fed to Increase Liquidity Available To Markets… Warren Calls on Mnuchin to Explain Turmoil

Fed to Increase Temporary Liquidity Available to Markets The Federal Reserve Bank of New York is boosting the amount of temporary liquidity it is willing to make available to financial markets starting this week, the bank said on Wednesday. It said that as of Thursday, the minimum size of its overnight repurchase-agreement, or repo, operations … Read more

‘JOKER’ Gets Last Laugh As Most Successful R-Rated Movie Ever

No huge shocker here, but Warner Bros/Village Roadshow/Bron Studios’ Joker is going to churn a profit on its way to becoming the highest-grossing R-rated movie of all time. How much profit, you ask? Our sources say the Joaquin Phoenix pic is poised to make at least $464 million after global theatrical, TV and home entertainment windows, and it could be … Read more

Katie Hill first female lawmaker to face House ethics inquiry on sex-related matter… Inappropriate Affair With Staffer… Calls Police On Reporter

Katie Hill becomes first female lawmaker to face House ethics inquiry over sexual relationship after naked photograph leaked Rep. Katie Hill, subject of a new House Ethics Committee inquiry over an alleged relationship with a staff member, is the first female lawmaker to face such a charge. The first-term California Democrat denies she ever had an inappropriate … Read more

‘WE’RE BUILDING A WALL IN COLORADO’

DENVER (CBS4)– President Donald Trump said, “We’re building a wall in Colorado” when talking about border wall progress on Wednesday afternoon. Trump was speaking in Pittsburgh at the Shale Insight Conference when he made the comments. “And we’re building a wall on the border of New Mexico and we’re building a wall in Colorado, we’re … Read more

FOX: “Reports: Hillary Clinton mulling 2020 run, citing weak Dem field, claim of email vindication”

Watch the latest video at foxnews.com Oct. 23, 2019 – 1:22 – Hillary Clinton is mulling 2020 run but she’s not the only latecomer to run for 2020 https://video.foxnews.com/v/6097027604001/#sp=show-clips https://www.foxnews.com/politics/hillary-clinton-2020-rematch-trump-presidential-race-new-york-times-washington-post Former Hillary adviser refuses to rule out Hillary running in 2020 — if the circumstances were right https://www.foxnews.com/media/hillary-clinton-adviser-phillippe-reines-2020-donald-trump-election 67% of the democrat party are against … Read more

The Percentage Of Christians In America Has Hit An All-Time Low

by Michael Snyder The decline of the Christian faith in the United States continues to accelerate, and the latest numbers that we just got are absolutely staggering.  Most European countries are already considered to be “post-Christian” nations, and the U.S. appears to be headed down the exact same path.  But when America was originally founded, … Read more

“It’s Different This Time” Takes Root in the Junk-Bond Market Amid Parallels to Post-Lehman 2008

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter And so far, so good. The Fed and other central banks have done an endlessly mind-boggling job in killing off any notion of risk – and therefore the pricing of risk – in the bond market, which just veers from curious to curiouser. All kinds of entities, metrics, bond-market watchers, and … Read more

Generation Rent: How Millennials are Fueling the Rental Economy

by visualcapitalist It’s long been said that millennials have the power to disrupt and reshape entire industries. Most recently, this effect has been seen in the retail landscape, where millennial spending habits are setting the tone for the market’s future. Not only does the millennial generation demand the convenience of making instant purchases—but they can now … Read more