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Knives kill far more people in the United States than rifles do every year. In the wake of the horrific school shooting in Florida last week, the debate over guns in America has surged again to the forefront oft the political conversation. Seventeen students were killed when a deranged gunman rampaged through the Stoneman Douglas High … Read more
The Second Civil War Is Coming Into Focus As Calls For Escalation Rock Social Media. We now have two major incidents in less than 24 hours where each person held an extremist ideology associated with far left or far right. Motivations are still mostly unconfirmed but many media outlets are operating under the assumption that … Read more
Germany may introduce ‘meat tax’ to protect the environment. Currently meat in the country has a reduced tax rate of seven per cent but the Social Democrat party and the Greens are arguing that this should increase to the standard 19 per cent, with additional revenue spent on improving animal welfare. “I am in favour … Read more
by David Haggith The following is my recent argument with yet one more market analyst who can’t see straight, even when his article overall was admitting it was time to bail out of stocks. Correcting the market mantras that dominate the bullheaded is partly why I am here. I’m not going to call this one out of the … Read more
via Twitter: And from the thread: And even then, the reader is left to guess at why or how he could have been found removable. This oblique paragraph is all there is: “Aldaoud had a criminal conviction for disorderly conduct and served 17 months for a home invasion.” Disorderly conduct is not typically something that … Read more
COLUMBUS, Ohio — Did state lawmakers accidentally legalize marijuana in Ohio? Some top law enforcers in the state say yes. 10TV was the first to break the news Wednesday that the City of Columbus will no longer prosecute misdemeanor marijuana cases. City Attorney Zach Klein says the decision is based on complications after the state legalized hemp. … Read more
https://www.youtube.com/watch?v=2fPZiH3LdAA For More Information See: http://lisahaven.news/2018/06/100-pro…
The plane is said to have landed in Manchester from Paris at 10.30am but passengers were kept on board for more than two hours until the unwell traveller disembarked the plane. Frustrated passengers took to social media to vent their frustrations claiming they were in quarantine on flight BE3122. One said: “Still on the plane. … Read more
Authored by Mike Shedlock via MishTalk, The Fed desperately needs to keep credit expanding or the economy will collapse. However, it’s an unsustainable scheme. Key Debt Points In 1984 it took $1 of additional debt to create an additional $1 of Real GDP. As of the fourth quarter of 2018, it took $3.8 dollars to create $1 of … Read more
by howmuch Since World War II the United States sat atop the global throne of trade and industry. By every measure they dominated the world economy. China leveraged its massive population for economic growth. They’ve exploded onto the global stage as one of the largest economic powers. For years the U.S. and China traded freely. … Read more
Suddenly – I mean the signs had been everywhere for a long time and “suddenly” doesn’t really apply – the whole house of cards came tumbling down. This is the transcript from my podcast last Sunday, THE WOLF STREET REPORT: I just listened to a friend of mine, telling me how he now feels comfortable with … Read more
via CNBC: There has been clear confrontation between the two-party coalition — formed of the leftist, anti-establishment Five Star Movement (M5S) and the anti-immigration, populist Lega party. Lega is currently polling ahead of all other Italian parties at 38%. “Let’s quickly give the say back to the voters,” Matteo Salvini, deputy prime minister and Lega … Read more
https://arstechnica.com/information-technology/2019/08/isp-frontier-is-failing-so-badly-it-wont-take-questions-from-investors/ Frontier Communications yesterday reported lower revenue and a $5.45 billion goodwill impairment charge, and it warned investors that its revenue will continue to decline in future quarters. Frontier’s financial performance is so bad that the company said it wouldn’t take any questions from investors during its quarterly earnings call yesterday. Frontier reported second-quarter revenue … Read more
by u—wot—m8 With all the recent controversy surrounding Facebook, today we are going to analyze Facebook’s business fundamentals, growth potential, risks, valuation, and ultimately decide whether or not it makes sense to be a shareholder of the social media giant. Unless stated otherwise, all numbers and statistics presented below are as of August 7th, 2019. … Read more
Q2 GDP: -0.2%, compared to 0.5% growth in Q1. Recovery forecasted for Q3. Bank of England predicted 0% growth in Q2. Article
by NineteenEighty9 via scmp: If three US banks of this size all collapsed within a few months of one another like this it would be front page news. China looks to be at risk for a serious banking/financial crises… or already in one. Central Huijin Investment will invest in Heng Feng Bank to increase its capital … Read more
Soros launches super PAC for 2020 Democratic megadonor George Soros is creating a super PAC, called Democracy PAC, to serve as a hub for his 2020 election spending. Soros has so far put $5.1 million into the PAC, according to paperwork filed with the Federal Election Commission on Wednesday. His $5.1 million contribution was the … Read more
by Evangelina Video is 9:52 Warning you may need dramamine PART II PART III PART IV PART V
by Simon Black It was probably after 2am last night when I walked up the stairs to bed after a marathon seven hour dinner. But that’s pretty normal here. This is the eighth year in a row I have spent my summer holiday at this 400 year old villa in the Italian countryside. I invited a … Read more
Peak Prosperity, Released on 8/7/19 One way or another, we’re going to have to address the $trillions of outstanding bad debts. Over the past decade, the world’s central banks have distorted the price of money by bringing interest rates to record lows. With credit so cheap, asset prices have risen dramatically as companies and governments … Read more