FREE MONEY: California city experiments with universal basic income

STOCKTON, Calif. (AP) — Democratic presidential candidate Andrew Yang wants to give cash to every American each month. Susie Garza has never heard of Yang. But since February, she’s been getting $500 a month from a nonprofit in Stockton, California, as part of an experiment that offers something unusual in presidential politics: a trial run of a … Read more

Wall Street Gears Up For Onslaught Of Oil & Gas Bankruptcies

By ZeroHedge   Oil and gas companies are facing an onslaught of bankruptcies as the “shale revolution” appears to be coming to an unceremonious end, at least on Wall Street, according to the Wall Street Journal. Companies like Sanchez Energy Corp., Halcon Resources Corp. and 26 other oil and gas producers have all filed for bankruptcy this year, already … Read more

Is Jamie Dimon (JPMorgan CEO) engineering a stock market collapse to oust President Trump, and to kill the populist uprising?

I believe 2 weeks ago it was decided. The ‘Business Roundtable’ group, chaired by menace to society Jamie Dimon of JPMorgan, issued a startling statement. Of the 192 current members of the Business Roundtable group, CEOs of some of the biggest companies on the planet, 181 signed this statement. The jist of the statement was basically this: ‘The … Read more

Is the U.S. Government the Enemy of the People? America’s Lost Liberties, Post-9/11

by John W. Whitehead “These are the times that try men’s souls.” ― Thomas Paine, The American Crisis Take heed, America. Our losses are mounting with every passing day. What began with the post-9/11 passage of the USA Patriot Act  has snowballed into the eradication of every vital safeguard against government overreach, corruption and abuse. The citizenry’s unquestioning acquiescence … Read more

How the eSports Industry Fares Against Traditional Sports

by visualcapitalist In just a decade, electronic sports (eSports) has evolved from an underground culture into a mainstream industry worth billions of dollars today. The industry is growing at an explosive rate, and with major tech giants like Amazon and Google vying for a piece of the pie, the future of this industry is an exciting one. It’s … Read more

STUDY: Patience Thresholds Lower Than Ever Before… Tech To Blame… Average Person Frustrated After Waiting 16 Seconds!

via studyfinds: Survey shows average person grows frustrated after waiting 16 seconds for a webpage to load, 25 seconds for traffic signal to change. LONDON — Patience is a virtue, but it’s becoming an exceedingly rare quality in modern society. According to a new survey of 2,000 British adults, all of the luxuries of modern life have … Read more

Illinois’ Financial Decay Spreads To Cities Across The State

Authored by Ted Dabrowski and John Klingner via WirePoints.org, Illinois’ finances aren’t just decaying at the top, they’re falling apart everywhere. The state’s one-size-fits-all pension laws and overly generous benefits have left many cities suffocating under impossible pension debts as their populations shrink, tax burdens jump and resident incomes stagnate. Without an amendment to the Illinois Constitution’s pension protection clause – and subsequent pension reforms – expect many … Read more

Iran’s One Condition For Negotiating With Trump

By Irina Slav Iran has no interest in holding bilateral talks with the United States, the country’s president, Hassan Rouhani, told the Iranian parliament, adding the only context in which Iran would sit at the negotiating table—with all signatories of the Joint Comprehensive Action Plan—would be when all U.S. sanctions are lifted. “We’ve said it … Read more

EXPOSED: Ohr Communication w/ Clinton Spy Steele & Fusion GPS About Phony Trump Dossier | Tom Fitton

Judicial Watch announced that a hearing was ordered to be held in federal court Wednesday, August 21, 2019, in a case regarding records about top Justice Department official Bruce Ohr and his wife Nellie Ohr’s involvement in the Trump dossier authored by Christopher Steele READ MORE HERE: https://www.judicialwatch.org/press-r…  

HMM: The Democrats’ Growing Threat of a Third-Party Run. “So many candidates, so many left-wing demands, someone is bound to take the Independent route.”

via spectator: While a moderate Democrat threat is unlikely, with so few in the field, it is not out of the question. Four years ago, moderate Democrats still controlled the Party. They are still a group Democrats cannot afford to lose. According to 2016 exit polling, Clinton received 52 percent of moderate votes. Presumably, many are … Read more

DECOUPLING: China’s factories had a surprisingly good month. But there’s trouble ahead for the economy.

via MSN: The latest data presented some troubling signals. New export orders fell to the lowest level this year — an indication that foreign demand is declining as the US-China trade war rages on, said Zhengsheng Zhong, director of macroeconomic analysis at CEBM Group. The trade war has shown no signs of abating, and the … Read more

The Power of Scarcity

by Frank Holmes, CEO, U.S. Global Investors The fast food world gave us an interesting case study in supply and demand last week. By now you’ve no doubt heard about The Chicken Sandwich, the surprise superstar menu item from Popeyes Louisiana Kitchen that’s launched 1,000 blog posts, op-eds and thought pieces. According to reports, the … Read more

Global PMIs In Longest Losing Streak Since…..Forever! The Great Financial Crisis Wake-Up Call…

By David Stockman Forget The Robo-Rumors—Sell The (Bad) News! However, the “ceasefire” did not happen, and at 12:00 am on Sunday, the Trump administration slapped tariffs on $112 billion in Chinese imports. Then, one-minute later, at 12:01 am EDT, China retaliated with higher tariffs being rolled out in stages on a total of about $75 billion of … Read more

California Off the Rails, State a Disaster Zone

by Joe Guzzardi When former California Gov. Jerry Brown announced his ill-conceived, ill-fated high-speed train that no one wanted, and no one ever thought would be completed, he unwittingly sent the message that the once Golden State would soon be spiraling into disaster. Before current Gov. Gavin Newsom killed the train, California had squandered $5 billion on the … Read more

DOJ Inspector General referred Comey for prosecution but AG Barr refused to prosecute

by Dr. Eowyn Inspector General (IG) Michael Horowitz is the chief watchdog of the Department of Justice (DOJ). Katie Pavlich reports for Townhall that on Thursday morning, August 29, 2019, DOJ Inspector General Michael Horowitz released an 83-page long report on fired FBI Director James Comey‘s misconduct — that Comey set a “dangerous precedent” by purposefully leaking to the media … Read more

Civil Unrest, Protests & Riots: Is It Safe To Store Your Gold In Hong Kong, Or Could You Lose It All?

via silverdoctors: Many investors store their gold “offshore” in Hong Kong, and yes, investors could lose all of their gold stored there. Here’s why… Is it safe to keep gold stored in Hong Kong right now? “If you don’t hold it, you don’t own it.” That’s the saying. It’s relevant here. You probably know that Hong Kong … Read more