Three Ex-Credit Suisse Bankers, Ex-Minister Arrested Over $2 Billion Loan Fraud

via sputniknews: The arrested conspirators are said to be involved in a large-scale credit fraud that ruined the economy of Mozambique in 2016. Three former Credit Suisse Group bankers have been arrested in London in connection with a loan fraud scheme that ruined the economy of Mozambique in 2016 according to UK authorities, cited by the South African Eyewitness News outlet. Andrew Pearse, … Read more

California Ordered to Remove 1.5 MILLION Likely Invalid Voters from Rolls

Well that takes a tidy slice out of Hillary’s supposed lead in the popular vote now doesn’t it. Wonder how many other Democrat states have people listed that shouldn’t be there. https://www.judicialwatch.org/press-room/press-releases/california-and-los-angeles-county-to-remove-1-5-million-inactive-voters-from-voter-rolls-settle-judicial-watch-federal-lawsuit/   Great news, but won’t make much difference in the 2020 presidential election. In 2016, Hillary had 7.3 million California votes compared to … Read more

OPEC Is Losing Its Stranglehold On Oil Prices

By Robert Rapier Many articles have been written this past year about the impending demise of OPEC. Shale oil, it has been argued, has ended the cartel’s stranglehold on oil prices. There’s some truth to that argument, but it also understates OPEC’s dominant position in the oil market. I often try to imagine the decisions … Read more

Boom-Bust Cycles, Easy Money, And The Gold Standard

by Frank Shostak of Mises Wire Only a few months ago most economic commentators were sanguine about prospects for the US economy. Most of them did not expect an imminent downturn. Now all that has changed with most experts expecting the economy to enter a downward phase of the economic cycle by 2019. According to experts, the key … Read more

Democrats unveil bill requiring 10 years of presidential tax returns

https://www.washingtonpost.com/powerpost/house-democrats-unveil-bill-targeting-trump-on-tax-returns-and-transparency/2019/01/04/43f429a8-102d-11e9-831f-3aa2c2be4cbd_story.html?utm_term=.ad08b0f82a8a As one of their first big-ticket legislative proposals of the new Congress, House Democrats on Friday unveiled a sweeping anti-corruption, campaign finance and ethics reform package that takes aim at long-simmering concerns about President Donald Trump’s possible conflicts of interest between his actions as president and his family business. The massive proposal, known as “The For the … Read more

The Rebellion Continues – Increased Yellow Vest Protests in France Following Arrest of Key Organizer – Government Spokesman Evacuated by Police…

by sundance Last Wednesday night the arrest of a key political organizer of the Yellow Vest protests, a 33-year-old truck driver named Eric Drouet, spurred the movement to claim French President Macron was now arresting his political opponents. The arrest of Drouet has led to an increase in retaliation by the group against the French government. [Video from … Read more

The “New Year” Starts With A Rally

by Lance Roberts New Year Starts With A Rally Sector & Market Analysis 401k Plan Manager New Year Starts With A Rally Last week, I discussed the potential for a rally as we head into the New Year based on both the more extreme levels of short-term oversold conditions coupled with the statistical tendencies going back to … Read more

More Information On the Communists

by Hollywood Rob Many of us don’t have the time to dig deeply into the machinations of the globalist slime.  It is too hard.  It is too much work.  But some of us manage to focus for long enough to find out what is going on and at least for now, we can see what they … Read more

Trucking Boom Ends, Next Phase in Cycle Starts

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is a very cyclical business.  In December, orders for new Class-8 trucks — the heavy trucks that haul the products of the goods-based economy across the US — plunged by 43% from a year ago, to just 21,000 orders, the lowest since August 2017, and down by 60% from August … Read more

P2P Lending is a Scam – Change My Mind

by nealosis I was reviewing all the defaults and charged-off loans in my Lending Club portfolio earlier today and it just makes my blood boil. ​ For Example consider this borrower, who stole $40K and faces zero consequences https://imgur.com/a/a02FQ9f ​ Seems like you can create a massive bump in your income by taking out huge … Read more

I can’t believe anyone trusts the ratings agencies at all.

I can't believe anyone trusts the ratings agencies at all. pic.twitter.com/DwhNXVXBxX — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) January 5, 2019 The one chart government does not want you to see pic.twitter.com/MtAKt19iXA — Alastair (@StockBoardAsset) January 5, 2019 Average rating of US investment-grade debt market has deteriorated sharply in recent years, with triple B rated … Read more

first day of stock U.S. Stock trading of 2019 “Earnings season is coming, the buyback window is closing. I look for much more volatility going forward.” Danielle DiMartino Booth

Re: first day of stock U.S. Stock trading of 2019 "Earnings season is coming, the buyback window is closing. I look for much more volatility going forward." Danielle DiMartino Booth on Fox Business — https://t.co/AxJIFgnvhx — Danielle DiMartino Booth (@DiMartinoBooth) January 4, 2019 It looks as if the rally in the S&P 500 could only continue … Read more

Either the data is about to rock back to growth or the stock market is about to have a pretty bad wake up call.

https://twitter.com/LordPolemos/status/1081278777001369600 https://twitter.com/OccupyWisdom/status/1081594614442799104 if you are a bull – this is probably the hardest chart to look at pic.twitter.com/cPxPBe1C0I — Alastair (@StockBoardAsset) January 5, 2019 Once $VIX & CDX NA IG find meaningful unfair lows – that should mark the top of the bear market rally in the stock maket pic.twitter.com/mCHVUDUKSu — Alastair (@StockBoardAsset) January 5, … Read more

China’s Unveils Devastating New Super Bomb As Beijing’s Answer To America’s ‘Mother Of All Bombs’

by Geoffrey Grider China has developed and tested a new aerial bomb, dubbed the country’s answer to the ‘Mother of All Bombs’ built by the United States. Military experts said the Chinese bomb could eliminate fortified ground targets The Chinese military is growing at an astonishing rate of speed, and that, matched with the increased military buildup … Read more

Government Closure & Lack of Advice to Trump

by Martin Armstrong   President Donald Trump on Friday said he has considered using emergency powers to build a wall along the U.S.-Mexico border. The press has been saying that he could declare a national emergency to redirect money from the Defense Department or other sources to fund the wall. However, Obama used funding that was granted by … Read more

“She Dishonored Her Family And Herself” Trump RIPS INTO Rashida Tlaib For Saying “Were Going To Impeach This Motherf***ker”

today president trump press conference lasted an hour or so and he talked about trump government shutdown and his meetings with nancy pelosi and chuck schumer he also talked about trump border wall and trump wall and the wall we need on our southern border and what he would be willing to do to get … Read more

Following Pelosi, Schumer, Hoyer and Durbin Refusal to Attend DHS Briefing, President Trump Provides Border Security Briefing to Congress…

by sundance Earlier this week DHS Secretary Kirstjen Nielsen was planning to deliver a border security briefing to leaders of congress.  After announcing they did not want to gain national security information that was adverse to their political interests, Democrat Speaker Nancy Pelosi, Majority House Democrat Leader Steny Hoyer, Democrat Senate Minority Leader Chuck Schumer and … Read more

America and the Loss of Rule of Law

by axolotl_peyotl This is a very thought-provoking article that hits at the heart of the corruption in American politics today, a corruption that is explicitly bipartisan. The only way America can be saved, not just through newfound isolationism or trade wars, is through restoration of traditional checks and balances that long ago melted away as the … Read more

“WE WILL NOT COMPLY”

‘Gun-toting hippies’ greet Boulder ‘assault weapons’ ban with mass noncompliance. Boulder’s newly enacted “assault weapons” ban is meeting with stiff resistance from its “gun-toting hippies,” staunch liberals who also happen to be devoted firearms owners. Only 342 “assault weapons,” or semiautomatic rifles, were certified by Boulder police before the Dec. 31 deadline, meaning there could … Read more