House Democrats Draft Legislation That Would Make It A Hate Crime To Eat At Chick-Fil-A

Via The Babylon Bee WASHINGTON, D.C.—Under intense pressure from their left-leaning constituents to do something about the dangerous, Christian-founded restaurant chain, Democrats in the House of Representatives unveiled legislation Tuesday that would make it a hate crime to eat at Chick-fil-A. The CFAHATE Act Of 2018 would make it a hate crime punishable by federal … Read more

Facebook’s Secret Censorship Manual Exposed as Platform Takes Down Video About Israel Terrorizing Palestinians

via commondreams: Journalist Rania Khalek, whose video was restored after public outcry, says the ability of social media giants “to disappear content as they please” is “creepy and alarming and should be loudly opposed.” After the New York Times on Thursday published an exposé of Facebook‘s global censorship rulebook, journalist Rania Khalek called out the social media giant for taking down a video in which … Read more

An Alabama sheriff personally kept $1.5 million that was supposed to feed ICE detainees

by Orangutan More tax money going to elected officials. Alabama this time. What could this society’s potential be with a lot less of this corruption, theft and greed. via theweek: Sheriff Todd Entrekin of Etowah County, Alabama, lost his re-election bid this year after he was found to have personally pocketed $750,000 allotted for feeding inmates in county … Read more

2019 MARKET MELTDOWN: What The New Year Brings

BY SRSROCCO If history is our guide, we are on track for a severe market meltdown in 2019.  While the U.S. broader indexes remained in record territory for most of 2018, December turned out to be a complete disaster for stocks.  So, even though the markets have reversed higher from their Christmas Eve lows, this … Read more

US Dollar Status as Global Reserve Currency?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter So, how hot is the Chinese Renminbi? And is the euro dead yet? The US dollar’s role as global reserve currency is defined by the amounts of US dollar-denominated assets – US Treasury securities, corporate bonds, etc. – that central banks other than the Fed are holding in their foreign exchange … Read more

A Couple of Thoughts on 2019

by Charles Hugh-Smith  The story of the 21st century is debt is soaring while earned income is stagnating for the bottom 95%. Best wishes to all my readers and correspondents for a safe, healthy and productive 2019. Thank you, longstanding supporters, for renewing your financial support at the new year without any pathetic begging on my … Read more

2019 Investing Resolutions

by Lance Roberts The biggest problem for investors is always the bull market itself. When the “bull is running” we believe we are smarter and better than we actually are. We take on substantially more risk than we realize as we continue to chase market returns and allow “greed” to displace our rational logic. Just as with gambling, success breeds overconfidence … Read more

Stocks Post Worst Year In Decade… Best Investments? Art, Wine, Cars… Hedge funds miserable; Closures, mediocre performance

Stocks Post Worst Year In Decade…  Wall Street concluded a tumultuous 2018 on Monday as the major stock indexes posted their worst yearly performances since the financial crisis. After solid gains on Monday, the S&P 500 and Dow Jones Industrial Average were down 6.2 percent and 5.6 percent, respectively, for 2018. Both indexes logged in their biggest annual losses … Read more

House probe of FBI-DOJ’s alleged anti-Trump, pro-Clinton bias hits unceremonious end — with no report

Watch the latest video at foxnews.com House Republicans unceremoniously ended their investigation into the way the FBI and the Department of Justice handled Hillary Clinton’s email scandal and the bias allegations against President Trump. The House probe was led by the House Oversight and Government Reform Committee and the Judiciary Committee and sought to look … Read more

This Stock Market Intervention Will Fail Like The Last Intervention

by Graham Summers of Gains, Pains & Capital Last week’s rally was the result of multiple interventions. “Someone” took advantage of the extremely light holiday volume to ramp markets higher via indiscriminant buying. The media is trying to portray this action as the result of “investors” or “value seekers” but neither of those groups was involved. This was … Read more

2018’s list of failed BITCOIN price predictions

via theblockcrypto: List of concrete predictions Name Position Prediction for 2018 Date of prediction Pierre Rochard Founder of Bitcoin Advisory $100,000+ December 6, 2017 Ronnie Moas Founder of Standpoint Research $28,000 December 21, 2017 Julian Hosp Co-Founder and President at TenX $5,000 and $60,000 December 26, 2017 John Pfeffer Partner at Pfeffer Capital $75,000 January 9 … Read more

Monster rallies part of bear markets–beware

via Danielle Park “We are in a bear market, and a bear market is not just going to end in a couple of months considering the ten years of a bull market,” the chief investment officer at Bleakley Advisory Group said Thursday on “Futures Now. ” Boockvar, also a CNBC contributor, acknowledged the market has been … Read more

Hackers stole 1 BILLION in Cryptocurrency from exchanges in 2018

via forbes: According to the Cryptocurrency Anti-Money Laundering Reportfrom Ciphertrace some $927 million had been stolen from cryptocurrency exchanges in the first three quarters of 2018 alone. That total will almost certainly have hit, if not smashed straight through, the $1 billion mark by now. So, who were the hackers behind the heists and how did they … Read more

2018 Chart Of The Y(B)ear – Stock bulls started out of the gates quickly in 2018 — but it’s the bears in position now to win in the long run.

by Dana Lyons   12 months ago, stocks entered 2018 firing on all cylinders as much as any point in the past several years. The market was setting records in terms of both the strength of its uptrend as well as its lack of volatility. Practically all stock segments were hitting new highs and it seemed that 2018 might … Read more