America’s Poverty Trap: How A Small Financial Setback Can Spiral Into an Inescapable Disaster

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by Daisy Luther The problem with poverty in America is that the system is designed to keep you poor. Maybe it’s just because poor people are easier to control. I have written before about how to survive when you’re so broke that you can’t pay your bills and while the comments were largely supportive, there are always … Read more

Congress to Make 401(k)’s Riskier For Your Retirement Savings

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From Birch Gold Group In June 2018, the White House let a piece of legislation known as the “fiduciary rule” drop, according to Bloomberg: The “fiduciary rule” is officially dead. The Labor Department rule, conceived by the Obama administration, was meant to ensure that advisers put their clients’ financial interests ahead of their own when … Read more

Proof that after Youtube changed their algorithms to stop recommending conspiracies they lost a lot of money. It turns out they lost 8% of their ad revenue immediately after the ill thought decision.

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It is not often that we see our impact as truth seekers. Youtube claims that conspiracy videos were only 1% of the sites videos but after attempting to obfuscate their existence by removing them from recommended videos, they lost 8% of ad revenue. And that’s what they reported the number is likely higher due to … Read more

RAKIB EHSAN: How Boris and his cabinet broke the left: The response to Johnson’s appointment of ethnic-minority ministers has been ugly and undignified.

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via spiked-online: The left’s reaction to Boris Johnson’s first week in office, and to the appointment of his new cabinet, has been unhinged. Since becoming PM, Johnson has been called a ‘fascist’ and has been accused of leading a ‘far-right’ administration. Calling Johnson a ‘fascist’ and labelling his new cabinet ‘far-right’ doesn’t only trivialise the suffering … Read more

Harvard Trained Economist: King Dollar Won’t Be Dethroned, Gold Will Fall To $700

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by Harry Dent via Economy & Markets Is there no end to talk of how the U.S. dollar will soon be replaced as the world reserve currency by the euro or the yuan or a basket of currencies or gold or bitcoin or Libra? Even Michael Cembalest at JP Morgan is the latest to predict the dollar’s rapid demise. The reality is, the U.S dollar will … Read more

Top 25 Most Rat-Infested U.S. Cities…Who Are The Leaders That Allowed It To Happen?

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Most of the president wannabes advocated the usual solution for the problems endured by citizens, That is, they would play Santa Claus and give them free stuff–including free college, free medical care, higher wages, more money tossed at education, and debt forgiveness. This would be achieved with higher taxes and more government bureaucracy, which will … Read more

Various bearish signs for stocks from the Fed, economy, and volume

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by Troy Stocks fell today as the Fed cut interest rates. Today’s headlines: Rate cut and stocks The economic expansion cycle Manufacturing weakness Stock market’s volume U.S. Dollar breakout Go here to understand our long term outlook. For reference, here’s the random probability of the U.S. stock market going up on any given day. Rate cut The Fed … Read more

Volatility is low while the Fed is about to cut rates. What’s next for stocks

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by Troy The stock market’s volatility has been low for weeks. The Fed is about to make a late-cycle rate cut. Today’s headlines: 7 weeks of low volatility Fed is about to cut rates Consumer Confidence is high Stock market’s seasonality Gold miners overbought? USD’s momentum Go here to understand our long term outlook. For reference, … Read more

WAIT… WHAT? Ann Arbor Could Fine Conservatives $500 Per Day for Not Parroting Left-Wing Talking Points.

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via pjmedia: A law in Ann Arbor could force a Democrat to write speeches for President Donald Trump or a pro-life artist to create a mural for Planned Parenthood. On Tuesday, Alliance Defending Freedom (ADF) filed a lawsuit on behalf of a conservative political consulting firm, warning that an Ann Arbor non-discrimination law would force that firm to … Read more

Walmart Is Coming for Amazon

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By Robert Ross Late last year, the company overtook Apple to became the third-largest online retailer in the US. Only Amazon and eBay are larger. Walmart is quickly growing its online presence by scooping up smaller online retailers like Jet.com, which sells everything from laptops to sunscreen—often at a healthy discount. Walmart bought Jet in 2016 … Read more

Libra Is Nothing More than a Nice Idea

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by John Mauldin What kind of money will we use in the future? The answer might seem obvious: dollars, euros, yen, and other government-issued fiat currencies. Most of us have never known anything else. Yet these currencies aren’t natural phenomena. People created them. People can also abandon them for something else, just as they abandoned … Read more

It Won’t Take A Lot Of Prosecutions Like This To Make A Diffrence:

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Slaughterhouse owner who used illegal immigrants sentenced to 18 months in federal prison. GREENEVILLE, Tenn. — Updated Story (7/31/19): The owner of a Bean Station slaughterhouse who admitted paying illegal immigrants in cash for years to avoid federal payroll obligations was sentenced Wednesday to 18 months in federal prison. James Brantley pleaded guilty last year in U.S. … Read more

How to spot a coming recession

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From the New York Times: Last week’s report on second-quarter gross domestic product showed that the economy slowed last spring. It also came exactly 10 years since the Great Recession ended, making this officially the longest expansion in American history. (Well, probably. More on that in a second.) So perhaps it’s no surprise that forecasters, investors … Read more

CALL TO ARMS? Ocasio-Cortez Says Those in ‘Poverty in the US’ Should ‘Riot’ Like Palestinians

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Controversial Congresswoman Alexandria Ocasio-Cortez found herself at the center of another anti-Israeli scandal this week; saying Palestinians “have no choice but to riot” and urging Americans to follow suit. “Once someone doesn’t have access to clean water they have no choice but to riot. Right?” she said. “But it doesn’t have to be that way. … Read more