The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. We have the great currency, power, and balance sheet….. — Donald J. Trump (@realDonaldTrump) September 11, 2019 … Read more
by Charles Hugh-Smith All of America’s bubbles will pop, and sooner rather than later. Financial bubbles manifest three dynamics: the one we’re most familar with is human greed, the desire to exploit a windfall and catch a work-free ride to riches. The second dynamic gets much less attention: financial manias arise when there is no other more productive, … Read more
Authored by Michael Lebowitz via RealInvestmentAdvice.com, The 1987 stock market crash, better known as Black Monday, was a statistical anomaly, often referred to as a Black Swan event. Unlike other market declines, investors seem to be under the false premise that the stock market in 1987 provided no warning of the impending crash. The unique … Read more
by howmuch The United States economy is on the verge of its longest economic expansion on record, but appears to be headed for a slowdown. So, what’s next for the United States economy? In this article we blend several key economic indicators to gauge the current health of each state as the country heads into uncertain economic … Read more
by David Haggith Two weeks ago a former Federal Reserve board member and bank president, William Dudley, wrote an editorial that encouraged the Fed use its powers to defeat Donald Trump’s second bid for the US presidency. I don’t recall choosing presidents as being listed in the Fed’s two mandates — controlling inflation while maximizing … Read more
via spiked-online: But perhaps the most grotesque sight of all, the sight that confirmed that this parliament is truly and irreparably exhausted, was Remainer MPs holding up signs declaring that they have been ‘silenced’ by Boris Johnson’s prorogation. This takes gall and arrogance to dizzying new heights. Parliament is prorogued as of last night. It will … Read more
via coloradopolitics: Polis and his cohorts in the legislature passed an extreme version of the red flag gun law, approved Proposition CC for the 2019 ballot, and eroded parents’ rights and local school districts’ authority with a troubling sex-ed bill. They also signed Colorado onto the NPV Compact, a way to circumvent Colorado’s voice in the … Read more
The [CB] is collapsing in front of our eyes, they do not have anything to hide behind, their system is doomed, the patriots know this and are preparing a new system. People have a very difficult time getting by in a [CB] system and they resort to credit to make ends meet. Citi is predicting … Read more
via NYPOST: It’s not your imagination — the subways are getting even grosser. Complaints of “soiled” subways are piling up, with skeeved straphangers reporting more cars caked with garbage, food spills and human waste so far in 2019 than in all of 2017, according to MTA data. Having already blown past the 1,504 reports logged … Read more
Is there anything they don’t spy on with their equipment? via RT: Over 400 US police forces have access to the video footage generated by Amazon’s “smart” Ring doorbells, creating an unprecedented – and largely unaccountable – surveillance network outside existing legal structures. Video-sharing partnerships allow law enforcement to automatically request video from Ring owners … Read more
TOWSON, Md. (WJZ) — Six of the seven people arrested this month for a murder in July in Towson are members of the violent street gang MS-13 and were in the country illegally, an Immigration and Customs Enforcement spokesperson said. The group members are part of a federal gang database. One of the suspects is just … Read more
via Zerohedge: Recent polls by the Pew Charitable Trust show that: 52% of Americans have an unfavorable view of the Democratic Party, with only 45% having a favorable view Americans feel the exact same towards the Republican party (52% unfavorable and 45% favorable) As we’ve repeatedly noted: 51% of Americans know the primary process is rigged More than half of … Read more
via Zerohedge: Of all President Trump’s critical constituencies, none have been asked to sacrifice as much as America’s farmers. Many midwestern farmers were already in a difficult spot when President Trump first came on the scene, hammered by low crop prices and farms teetering on the brink of bankruptcy. But in the nearly three years … Read more
via nationalreview: New Jersey’s Democratic governor, Phil Murphy, is expected to sign an executive order Tuesday that will leverage the state’s purchasing power to coerce gun retailers, manufacturers, and financial institutions to comply with a more stringent gun-control regime. Under the executive order, the state, which purchases an estimated $70 million in firearms and related equipment … Read more
from Financial Survival Network Dr. John Huber returned to FSN. While more than half of Americans rejected socialism in a recent Gallup poll, 43% surveyed said some version of it would be good for the country. That sentiment was held by 58% of respondents ages 18 to 34, compared with just 36% of those 55 and older. … Read more
By Nick Cunningham President Trump will soon unveil his plan for corn and ethanol producers, a kind of apology package after upending the market for ethanol in a recent decision that favored oil refiners. Last month, the EPA approved 31 waivers to oil refiners, absolving them of some of their requirements to buy and blend ethanol into … Read more
by Raúl Ilargi Meijer It’s undoubtedly better to leave some stories alone, and this may be one of them. Putin’s spokesman Dmitry Peskov perhaps put it best when he called it “pulp fiction” (and what’s more American than that?). But this one is so exemplary of how the news is cooked up for you these days, … Read more
by Crypto556 via usnews: LONDON (Reuters) – Germany’s 30-year government bond yield rose into positive territory on Tuesday for the first time in over a month, lifted by expectations for fiscal stimulus and uncertainty over whether the ECB will launch asset purchases this week. Germany can counter a possible economic crisis by injecting billions of euros … Read more
https://finance.yahoo.com/news/wework-mulls-governance-changes-save-010858187.html Both of its lead financial advisers — JPMorgan Chase & Co. and Goldman Sachs Group Inc. — have concerns about proceeding with an IPO that could value the company as low as $15 billion, the people said, asking not to be identified because the talks are confidential. That’s set off a push to make … Read more
