Socialism leads to violence

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From Reason:   Socialism is now cool in some circles. Newly elected Congresswoman Alexandria Ocasio-Cortez praises “Democratic Socialism” and told comedian Stephen Colbert, “in a modern, moral and wealthy society, no person in America should be too poor to live.” Colbert ate it up. “Seems pretty simple!” he replied, to cheers from his audience. But socialism … Read more

Brace Yourselves: A 163% Meat Tax Could Be Coming

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via Meadow Clark: How would you like to pay a 163% meat tax every time you want a steak or a burger? What about when you want some bacon with breakfast, or when you’re craving a ham sandwich? After much talk, economists and so-called health experts have finally decided what’s best for society: no steak for you!  … Read more

Why We Sold Apple Stock

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by Vitaliy N. Katsenelson Our firm bought Apple shares for clients’ portfolios in 2013, and we are used to being a contrarian voice when it comes to the stock (read here and here) — we loved it when it was hated. Now we are contrarian again — this time going against the company’s faithful. Here are key reasons why we … Read more

7 Best Forex Trading Platforms 2018

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The forex market is worth trillions and it accessible to anyone. Because forex operates 24/7, it is a dream for part-time traders looking to make a quick profit in their spare time. With leverage, a small deposit lets you trade large amounts of currency. Modern forex trading platforms are easy and safe to use. Many … Read more

Fake trade news, fed members commenting, wall street going dove, and the hopes of g-20 trade deal have been the reason for basing

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fake trade news, fed members commenting, wall street going dove, and the hopes of g-20 trade deal have been the reason for basing pic.twitter.com/HFL0RJl9KB — Alastair (@StockBoardAsset) November 28, 2018 Folks, today was a massive intervention day with fake trade news 2am, Fed speak 830am, 930am, and throughout the day, then Trump & Kudlow pumping … Read more

The Most Splendid Housing Bubbles in America Deflate

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Seattle home prices drop at fastest pace since Housing Bust 1. Feeble declines in San Francisco, Denver, Portland, etc. Flat prices in others. Condo prices in NY City suddenly jump. Single-family house prices in the US, according to the S&P CoreLogic Case-Shiller National Home Price Index, were essentially flat on a … Read more

Is The 2.5 – 3.5 House Price To Income Ratio Still Valid?

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by Dlumb77 2 Observations: Increasing population. Unchanged Land availability. Competition through supply/demand dynamics will surely drive up prices in places that populations is increasing. Low Interest rates. We’re at the end of a 35 year decline in interest rates. With today’s low interest rates (in comparsion to the historical average), you can buy a higher-priced house … Read more

FITTON: Maxine Waters Unfit to Chair House Financial Services Committee

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by TFittonJW Judicial Watch has been investigating Rep. Waters for some time: https://www.judicialwatch.org/blog/2018/11/maxine-waters-unfit-to-chair-house-financial-services-committee/ Considering her record and documented history of poor ethical and moral fitness, it’s outrageous that Maxine Waters is up for chair of the ultra-powerful House Financial Services Committee, which has jurisdiction over the country’s banking system, economy, housing, and insurance. With Democrats … Read more

The Difference Between A Bull & Bear Market (And Where Are We Now)

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Authored by Lance Roberts via RealInvestmentAdvice.com, Wall Street loves to label stuff.  When markets are rising it’s a “bull market.” Conversely, falling prices are a “bear market.”  Interestingly, while there are some “rules of thumb” for falling prices such as: A “correction” is defined as a decline of more than 10% in the market. A “bear market” is a decline … Read more

Now Even Paul Krugman Of The New York Times Is Admitting That The Next Crisis Will Likely Be Worse Than 2008

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by Michael Snyder There is a growing consensus that once the next economic crash finally arrives that it will be significantly worse than what we experienced in 2008.  This is something that I have been saying for a very long time, but now even mainstream economists such as Paul Krugman of the New York Times are … Read more

China Ambassador Warns Of “Dire Consequences” If No Deal, Hints At “All Out” War

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Via ZeroHedge Earlier today, Trump’s chief economic advisor Larry Kudlow poured cold water on expectations for an imminent resolution of the US-China trade war when he said that negotiations in the run up to this week’s G-20 talks “haven’t yielded any progress”, and unless something changes, the “administration will move ahead with the next phase of tariffs.” … Read more

Big Brother Is Listening (Again)

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By Rodney Johnson I have the best deal at Christmas. I must buy gifts for just one person: my lovely wife. As long as I do that well, everything goes smoothly. She handles the gifts for everyone else, including my extended family. But we always get into trouble when it comes down to gifts for … Read more

Rand Paul: We’re wasting prison space on non-violent drug offenders. The drug war in most respects, if not all respects, is a colossal failure.

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The incarceration of non-violent drug offenders is one of the greatest injustices in the history of the United States, and that is certainly saying something considering the US’s track record. It’s morally reprehensible that only a handful of politicians like Rand Paul have the courage to speak such blatantly obvious truths, and it’s indicative of … Read more

Yes, You Have the Right to Talk Back to the Government, But It Could Get You Killed

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by John W. Whitehead “The freedom of individuals verbally to oppose or challenge police action without thereby risking arrest is one of the principal characteristics by which we distinguish a free nation from a police state.”— Justice William J. Brennan, City of Houston v. Hill What the architects of the police state want are submissive, compliant, cooperative, … Read more

The Coming Bankruptcy of the American Empire

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Via The American Conservative Better to bring the troops home on our terms than wait for a debt crisis to do it for us. The chickens are coming home to roost. It’s only a question of when. Herbert Stein was chair of the Council of Economic Advisors under Presidents Richard Nixon and Gerald Ford and … Read more

It Is Shocking That I Have To Explain This’: DHS Secretary Dispels Myths About Migrant Caravan

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1. The Caravan Is Violent Nielsen called the violence seen on Sunday “entirely predictable,” and said it had been attacking border police in Mexico and other Central American countries. “I refuse to believe that anyone honestly maintains that attacking law enforcement with rocks and projectiles is acceptable. It is shocking that I have to explain … Read more

THE FIRST CULTURE WAR

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How the First World War sowed the seeds of identity politics. As we mark the hundredth anniversary of the end of the First World War, it is clear that the moral wounds it inflicted on Western culture have not healed. Recent incidents, such as the rejection of Remembrance Day poppies by Cambridge University Students’ Union … Read more