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via bloomberg: “Despite more than two centuries of history in a city synonymous with the global financial industry, JPMorgan is quietly shrinking its workforce there. The bank’s been building up its presence in other locations and is now considering relocating several thousand New York-based employees out of the area to help rein in costs ahead … Read more
via propublica: After ProPublica sued the IRS, the agency released emails that show it has allowed the tax preparation industry to write the rules. For a decade and a half, the IRS program to allow most Americans to file their taxes for free has been floundering. Now, IRS emails obtained by ProPublica help show why: The … Read more
It’s hilarious to see how pro war the MSM is. I have a feeling David Stockman might not get invited again, he’s always pretty outspoken but seems this was too woke for his company. Especially when he defends his opinion that the Syrian has attacks were false flags. Also props to Jimmy Doer for going … Read more
via dailywire Some in the media have tried to suggest that Rep. Katie Hill (D-CA) resigned because of consensual affairs she had while married. The problem is that, consensual or not, Hill was in a position of power and according to the Left’s #MeToo rules, no person in a position of power can truly receive consent … Read more
MOLLIE HEMINGWAY: The Real Reasons Why Legacy Media Are Freaking Out Over Trump’s Successful Baghdadi Mission. Corporate media have moved from at least projecting concern for reporting the actual news into unembarrassed political actors. That enables them to flamboyantly spin — as opposed to their previous method of subtly spinning — even major news with indisputable … Read more
It would be a shame if this old 1998 video of Nancy Pelosi got retweeted all over Twitt3r..😉pic.twitter.com/sz88fgVkeO — Martha F. 🇺🇸🏕🐾🐾 (@outdoorsygal35) September 25, 2019
Democrat Katie Hill RESIGNS Amid Growing Scandal, So Ilhan Omar Should Resign Next Right? Amid an expanding scandal involving Democratic Rep Katie Hill she has announced her resignation from congress. Hill was accused of having an affair with staffers in violation of House ethics rules and was placed under investigation. Following her announcement many Democrats, … Read more
by Zerohedge Mexico’s oil hedgers, one of the world’s most-active sovereign oil-trading desk, has spent nearly $1 billion on options contracts to protect the government’s revenues from oil sales for 2020 against volatile price action. The news is especially notable because, as we reported last month, Russia is considering oil prices could drop to as low as $25 in 2020. … Read more
By Nick Cunningham A lot of big names will report third quarter earnings this week, and the results are expected to be worse than the same period in 2018. The timing comes as the shale sector is facing somewhat of a reckoning. After years of price volatility – with more downs than ups – oil … Read more
In your opinion, what do you think is the biggest potential TRIGGER event the world faces today? We were told the Financial Crisis was the last of subprime we would see. Unfortunately, that’s not the case. We are watching countless Americans finding themselves further and further in debt. It has now become mathematically impossible for … Read more
via rushlimbaugh: But the main reason Obama was elected was a bunch of people in this country, very distressed and fed up with the ongoing allegation that they and the rest of the country were a bunch of racists and bigots, and they believed that if they participated in electing the first African-American president, that … Read more
BY JOHN RUBINO Venezuela has suffered through recurring power outages this year, as money for routine maintenance dries up and power plant employees flee the country (and, okay, as the US practices its cyberwar skills on a vulnerable target). Some of the blackouts have lasted as long as a week. Here’s an aerial photo comparing … Read more
via visualcapitalist: View the full-size version of this infographic. What do Equifax, Yahoo, and the U.S. military have in common? They’ve all fallen victim to a cyberattack at some point in the last decade—and they’re just the tip of the iceberg. Today’s infographic from Raconteur delves into the average damage caused by cyberattacks at the organizational level, sorted by type … Read more
via Zerohedge: Following a decade during which markets learned that economic data is irrelevant in a time when central banks are injecting trillions in liquidity and corporations are issuing trillions in debt to repurchase trillions in stocks pushing the S&P to all time highs, one can now say the same about corporate earnings, initially in … Read more
by howmuch Cloud computing is changing the economy and transforming the way millions of people work, and private companies with multibillion dollar valuations are at the forefront of the disruption. Our latest visualization reveals the top 25 private cloud companies. Stripe takes the top spot in the Forbes Cloud 100 ranking with $785M in private … Read more
by Michael Snyder If other forms of meat suddenly became too expensive, would you feed dog meat to your family instead? Sadly, this is a dilemma that many families in China are facing right now. As I reported a few days ago, one-fourth of all the pigs in the entire world have already been wiped out … Read more
by Charles Hugh-Smith MMT is presented as the solution to the “problem” of insufficient government funding, but that’s not the real problem. Modern Monetary Theory (MMT) is presented as a means to painlessly fund the large-scale infrastructure / alternative energy spending the nation needs to rebuild and modernize. While most people support the goal of useful … Read more
In funds with a liquidity mismatch, the First-Mover Advantage is huge, as Woodford’s investors found out. By Nick Corbishley, for WOLF STREET: On Oct 15., it was announced that Neil Woodford’s flagship Equity Income fund (WEI), which has blocked redemptions since June, would be closed for good. And signs are emerging that the problems that bedeviled WEI may … Read more
by TFittonJW COVER-UP? More than enough evidence to open up a criminal investigation into Ilhan Omar marriage scandal. And House Ethics Committee needs to act! https://youtu.be/Fak6PsSOFMI Per usual, Judicial Watch with the heavy lifting: https://www.judicialwatch.org/press-releases/judicial-watch-requests-ethics-investigation-of-whether-rep-ilhan-omar-improperly-used-campaign-funds/ https://www.judicialwatch.org/press-releases/judicial-watch-files-house-ethics-complaint-against-rep-ilhan-omar-over-potential-immigration-marriage-tax-and-student-loan-fraud/
via rushlimbaugh: RUSH: Trump was praising today the value of people’s 401(k)s, the stock market at an all-time high, economic activity shooting through the roof. On the Democrat side, “Growing Uncertainty Looms Over the Democrat 2020 Primary.” Growing uncertainty? There’s nothing growing about it. The uncertainty has been there since day one. There’s not a one … Read more