While Russiagate Was Fake, Spygate Is Real, and Horowitz Is About to Prove It

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https://www.youtube.com/watch?v=u7OT-f3b2w8 Department of Justice Inspector General Michael Horowitz turned in his report into potential FISA abuses to Attorney General William Barr almost four weeks ago. During this time, nothing has leaked, which is quite telling in itself. If there was anything that could be leaked from this report that would mitigate the coming fallout, we’d … Read more

The [CB] Just Realized They Have No Way Out Of This

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https://www.youtube.com/watch?v=F7T_zWepvwc The elite are starting to realize that the BREXIT is not going the way they want, they are trying to delay, they do not want a vote, why because they know they don’t have a chance of winning. The US economy is doing better than ever statistically, Trump and the patriots are ready to … Read more

Physicists Propose New Method to Detect Traversable Wormholes

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Very Cool. I hope they discover some near by! “ a duo of theoretical physicists from Case Western Reserve University, the University at Buffalo College of Arts and Sciences and Yangzhou University described a technique for detecting traversable wormholes — theoretical portals through space-time that could create shortcuts for long journeys across the Universe. If … Read more

Margin Debt Is Declining. Are The Bulls In The Clear?

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by Lance Roberts In a recent weekly newsletter (Subscribe for free e-delivery), I discussed the rather dramatic decline of short-interest in the S&P 500 which suggests a high degree of complacency by investors. As Wolf Richter recently noted: “Of the total shares outstanding of the SPDR S&P 500 ETF, only 2.6% were out on loan to short-sellers this … Read more

Three things you didn’t know about the crash of 1929

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by Simon Black October 28, 1929– 90 years ago today– is known as ‘Black Monday’ in financial circles. The US stock market had peaked the previous month, on September 3, 1929, with the Dow Jones stock index reaching a record high of 381. But throughout September and October, nervous investors began pulling their money out of … Read more

Officials from the U.S., Canada and Mexico Participate in 2019 Meeting to Discuss Antitrust Enforcement

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The heads of the antitrust agencies of the United States, Canada and Mexico met today in Ottawa, Canada, to hold an annual dialogue on antitrust enforcement and policy priorities. The meeting included Assistant Attorney General Makan Delrahim of the U.S. Department of Justice Antitrust Division, Federal Trade Commission Chairman Joseph J. Simons, Canadian Commissioner of … Read more

PG&E (California power co) stock at record low. Citi warns it could be worthless. Down over 28% today alone.

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Shares of PG&E Corp. plummeted on heavy volume to a record low Friday, after Citigroup warned that the latest California wildfire, which the utility may have helped start, could render them worthless https://www.marketwatch.com/story/pge-stock-plunges-toward-record-low-after-citi-warns-it-could-be-worthless-2019-10-25?siteid=yhoof2&yptr=yahoo It has dropped over 90% from this time last year. https://finance.yahoo.com/quote/PCG?p=PCG&.tsrc=fin-srch California government must be really proud to bankrupt a major utility. … Read more

House to have vote on impeachment process this week!

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House Democrats are moving into a new phase of their impeachment inquiry, with plans to vote this week on a resolution to formalize the next steps of the investigation into President Donald Trump. The House vote signals Democrats are preparing to take the probe public, and Democratic leaders say it should neutralize GOP attacks on … Read more

Deep contraction

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by WARREN MOSLER Deep contraction: Highlights The good news is that the trade deficit in goods narrowed sharply in September to a much lower-than-expected $70.4 billion, but the bad news is both exports and imports, in an indication of economic slowing, fell sharply. Exports dropped 1.6 percent in the month for year-on-year contraction of 3.0 percent, showing … Read more