9 failed, corrupt banks paid themselves over $32 BILLION in bonuses in 2008 using fungible TARP money.
And then there’s this. Remember when you got trillions in free loans? https://books.google.com/books?id=7R4BsqCHPHEC h/t @RudyHavenstein
And then there’s this. Remember when you got trillions in free loans? https://books.google.com/books?id=7R4BsqCHPHEC h/t @RudyHavenstein
ECB not expected to hike off of all-time lows until October 2019. Market is expecting Fed Funds Rate to be at 2.71% by that time. h/t @charliebilello
https://www.youtube.com/watch?v=ji7vVkUGgKQ Vox Day joins Alex Jones live via Skype to break down how big social media companies like Google, Facebook, and Twitter are propped up by financiers rather than profits produced by the companies.
by Charles Hugh-Smith These embedded processes strip away autonomy, equating compliance with effectiveness even as the processes become increasingly counter-productive and wasteful. Would any sane person choose America’s broken healthcare system over a cheaper, more effective alternative? Let’s see: the current system costs …
Infowars has just been BANNED from livestreaming on Facebook & Google following their publication of a damning report documenting political censorship on these platforms https://www.youtube.com/watch?v=NsZ3eqV8JIc
From Birch Gold Group The trade war between the U.S., China, EU and other countries has been heating up for a few months now. Here are some revelations about this trade war (so far), specific to China: A trade war will …
BY JARED DILLIAN Financial folks tend to overcomplicate things. Their jargon is an impenetrable wall of confusion to new investors. Let me uncomplicate things for you. For most people, all you need is a bank account. Let’s unpack this a bit. You are …
by Jesse “This is how Ron Chernow correctly described what was happening for New York Times’ readers on March 15, 2001: ‘Let us be clear about the magnitude of the Nasdaq collapse. The tumble has been so steep and so …
by stockboardasset Alphabet Inc’s Waymo, an autonomous car company, could have just unlocked a rather displeasing future for the heavily indebted consumer, one where corporate America uses self-driving vehicles to herd the bottom 90 percent to brick and mortar retail stores. …
by Wayne Root Did the company that owned the World Trade Center sue the 3000 dead victims? Did they sue the poor souls who jumped out of the 100thfloor to their death to avoid burning flames? Do you think McDonald’s …
by Jon Hall, Free Market Shooter Last Thursday, Eugene Robinson – MSNBC analyst and writer for the Washington Post – published a column criticizing President Trump for failing to side with the U.S. intelligence community over their conclusion on Russian meddling in the 2016 election during a diplomatic summit …
by Bill Bonner YOUGHAL, IRELAND – Poor Mark Zuckerberg. Rumor has it that he is some sort of advanced robot, “reptilian,” or alien. “Lord Zuck,” the kids call him. Lord Zuck Yesterday, his company lost $151 billion in stock market value. …
by Jon Rappoport There are now hundreds of supposed “facts” which prove Russia influenced the 2016 US election. I thought I’d go back to a few basics… “The CIA says” is never a great way to start a sentence. But …
by Daisy Luther, The Organic Prepper The power grid in the US is old and tenuous, and with the current “heat dome” that has settled over the southwestern part of the country, the risk of demand outstripping supply is very …
via CNBC: Billionaire entrepreneur, star of ABC reality show “Shark Tank” and owner of the Dallas Mavericks basketball team Mark Cuban is certain that a version of the Terminator is coming. Speaking to an audience of conservative high school students at the High …
by DCG From Fox News: The Haitian national accused of shooting a Florida cop in the head Saturday has had an immigration detainer filed against him, officials said Wednesday, ending nearly a decade during which authorities arrested Wisner Desmaret numerous times but didn’t …
A proposal introduced Tuesday to ban employee cafeterias in future San Francisco office buildings represents more than an effort to boost the city’s restaurant scene, backers say. “People will have to go out and (eat) lunch with the rest of us,” Aaron …
What the hek is with all the latest salmonella recalls? “Salmonella infection usually occurs when a person eats food contaminated with the feces of animals or humans carrying the bacteria.” July 12th Salmonella cases linked to recalled Honey Smacks cereal …
by Thinker Obama’s Litmus test survivors are giving the world a run for the money. Putin is calling out the new world order and their “rule of law” by aggression. For years China and Russia have sat back and watched …
by Thinker Along with all the secrets Putin can tell Trump about those who wish to remove him from power, he is also collaborating with the two biggest nations in the world who want a gold backed currency. The push …
via GLP: MSM are in panic. They know their days are numbered. More and more people have turned to the internet and social media outlets to educate themselves and are no longer allowing MSM to spoon feed them propaganda. Corporate …
by Jim Quinn Interesting that Zuckerberg has been selling his stock like a madman. It’s almost as if he knew something bad was going to happen. Via Fox News Bad day on the stock market? Chances are it doesn’t compare …
via pjmedia: Facebook stocks plunged precipitously on Thursday after the company’s earnings report showed they missed expectations on revenue and that the social media platform’s monthly users are down significantly. All of this comes in the wake of ongoing scandals, including charges …
For More Information See: https://www.forbes.com/sites/kalevlee… https://www.businessinsider.com/what-… http://www.spiegel.de/international/w… https://www.theguardian.com/technolog… https://www.scmp.com/week-asia/opinio…
by Kimble Charting CLICK ON CHART TO ENLARGE Boeing has been in a leadership role over the past few years, as it has far outpaced the Dow and S&P 500 to the upside. The trend for Boeing remains up and price action …
via John P. Hussman: I’ve often described what I call the Iron Law of Valuation: the higher the price investors pay for a given set of expected future cash flows, the lower the long-term investment returns they should expect. As a …
https://www.youtube.com/watch?v=RbtTqdVwjVc In this episode of the Keiser Report, Max and Stacy discuss how deindustrialization and financialization have destroyed the economic viability of communities across America. The latest study from YahooFinance finds that state pension fund managers have blown over $600 …
by Lance Roberts Tomorrow, the US Department of Commerce will report its advance estimate of 2Q GDP which will be the long-awaited evidence that “Trumponomics” is working. The current estimates for the initial print run the gamut from 3.9% to over 5% annualized …
by SP Mish posts and ZH picks up his assessment and adds a few charts. From the WSJ: Investors are placing a record number of bets that a protracted slump in gold prices will continue as the metal is punished by a …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Suddenly it gets ugly – but these are still the good times. It’s confession time among the Detroit automakers: GM, Fiat Chrysler, and Ford all got ugly, in unison, in one day, something we haven’t seen …