ILYA SHAPIRO: The Supreme Court Is Poised to Strike Down a Major Obama-Era Agency.

via nationalreview: The CFPB is the most independent of independent agencies, with power to make rules, enforce them, adjudicate violations in its own administrative hearings, and punish wrongdoers. And yet a single director heads the agency, one who can be removed only “for cause” — malfeasance rather than, say, a change in presidential policy priorities. The … Read more

Wow! $71,000 a year and they are on strike

7 billion dollar budget and you fat, overpaid slobs still can’t keep 25% of children from dropping out before graduation. Right now your average salary is $71,000. In 5 years your average salaries will be increased to $100,000, for barely 170 days of work. And you still are demanding housing subsidies? And a Gofundme for food … Read more

Healthcare Scam

by Jim A middle-class family of four with employer insurance now spends an average of $12,500 per year on health care. Their employer kicks in an additional $13,050 in premiums.https://t.co/Haxbbs8Ozb pic.twitter.com/zKfrn8FXyY — Larry Levitt (@larry_levitt) October 21, 2019 “Family health coverage costs an average of $25,550 per year”. That’s a better headline. If the employer … Read more

Michael Pento: You Need to Protect Yourself from the Fed’s Reckless Policy

Palisade Radio, Released on 10/23/19 Michael says the “Fed has no idea what they are doing.” Last year they said they would be quietly conducting quantitative tightening to lower their balance sheet and would be raising rates. Then a year later, having never reached 3.5%, they are now sending rates much lower. Their quantitative tightening … Read more

Elizabeth Warren pushes Treasury Secretary Mnuchin for answers on overnight lending issues

Sen. Elizabeth Warren is pressing Treasury Secretary Steven Mnuchin for answers on recent events in the overnight lending, or repo, markets. In a letter, the Democratic presidential candidate says she worries banks will use the issue as an excuse to get financial regulations eased. Sen. Elizabeth Warren said she is worried that banks may try … Read more

The Left plans to doxx every 2016 Trump donor’s name and address

by Dr. Eowyn In order to intimidate and harass Trump supporters, a leftist activist group with the innocuous name, Public Media Service Group, is doxxing everyone who donated to Donald Trump’s 2016 presidential campaign. The group’s vehicle is a website called Racist Watch, which mapped out the name and address of every Trump donor, and enabled a search … Read more

Fauxcahontas and Sanders weigh in on Amazon donating money to Seattle City Council race

by DCG The city of Seattle has some serious problems. Just search our web site for “Seattle” and you’ll find plenty of examples. This includes issues with their homeless crisis, repeat offenders, the lack of police response and frustrated business owners. A sample: Business owner gives up on reporting crime to Seattle Police Failed city of Seattle: Police response to … Read more

RUSH: You’re gonna have an impeachment right before the election? This doesn’t make any sense…. The New York Times today makes it plain they’ve got no confidence any of these nominees, these candidates, could beat Trump. So this is it.

Dems Will Drag Out the Impeachment Narrative for 2020 — and Beyond RUSH: Here another thing. We’re getting closer and closer every day to the 2020 election. I think the public is getting pretty fatigued with this already, but eventually the public’s gonna say, “Wait a minute. The election’s coming up in less than a … Read more

Republicans Just STORMED The Secret Impeachment Hearings, Schiff Is FURIOUS, Cries Ethics Violations

Republicans Just STORMED The Secret Impeachment Hearings, Schiff Is FURIOUS, Cries Ethics Violations. Led by Rep Matt Gaetz a group of around a dozen republicans have stormed into the SCIF, a secure hearing room, demanding they can listen in on the impeachment inquiry. This caused a massive uproar. Some republicans are said to have been … Read more

$120 billion of liquidity per day?! What is The Fed not telling us?

via Zerohedge: Many wondered what the driver of the late-day panic-buying across the US equity market was today. The answer is simple – The Fed… again. In a statement issued at 1515ET, The New York Fed confirmed it would dramatically increase both its overnight and term liquidity provisions beginning tomorrow through November 14th. That is a massive … Read more

BREAKING: DOZENS of GOP lawmakers storm closed-door impeachment session, as Schiff walks out

Watch the latest video at foxnews.com House Republicans led by Rep. Matt Gaetz, R-Fla., on Wednesday essentially stormed a closed-door session connected to the impeachment investigation of President Trump, prompting House Intelligence Committee Chairman Adam Schiff to suspend the proceedings in a remarkable scene. The stand-off happened after lawmakers held a press conference Wednesday morning where they accused House … Read more

Cities see signs of recession on the horizon

by probablyuntrue via axios “Since fiscal reporting happens on a yearly basis, there’s often a lag of about 18-24 months for economic changes (particularly property taxes) to show up on city ledgers. That means that the downward trends cities are now seeing likely reflect a broader economic slowdown that’s already started.” While obviously this is … Read more

2019: Year of “Spending More Time With Family”

According to Challenger, Gray & Christmas, there have been 1,160 CEO departures in 2019 through Sept. This is the highest since they began collecting data in 2002. Given CEO confidence has collapsed maybe some of them are taking the money & running. pic.twitter.com/tyN6DTH2zQ — Peter Roberts (@PeterRo11950268) October 23, 2019  

The latest forecast for solar cycle 25 suggests it may be the weakest cycle in 200 years

As the earth is at solar minimum, the forecast for cycle 25 is weaker than cycle 24, and possible the weakest in 200 years. While science still has much to understand about how the solar cycle affects earth’s climate, it’s generally accepted that a reduction in the sun’s irradiance will lower temperatures on the surface … Read more

CNN: Van Jones Trashes Hillary Clinton Who Smeared Gabbard “With No Facts” (video)

Van Jones just trashed Hillary for her smear of Tulsi Gabbard. In so many words said Hillary was doing exactly what Russia disinformation agents. do. https://youtu.be/rgrBEfafdvk   https://freebeacon.com/politics/van-jones-clinton-smeared-gabbard-with-no-facts/ So is CNN no longer the “Clinton News Network”? A result of project Veritas?   h/t Remedial_Rebel

To those of you who ask “what was it like trading in 2008?”, the current repo market stuff is very reminiscent of the late 07/early 08 mood.

by Power80770M Let me preemptively say “f*ck off” to the MIT economics grad students who are going to respond with “it’s nowhere near the same thing! The repo market stuff is standard practice, there’s no change to anything, you don’t understand finance!” Seriously, f*ck off. I turned bearish in the summer of 07 when I … Read more

Unicorn startup companies by country – 2019

by caspg_   I did post a comment with the source, not sure why it’s not visible. Screenshot: https://i.imgur.com/2UP0kTp.png. Source and other links: Link to the interactive web map: https://datamaps.world/projects/unicorn-startups. source: https://www.cbinsights.com/research-unicorn-companies tool: https://datamaps.world