Apple stores caught financially raping customers on simple repairs
The National goes undercover to investigate some of Apple’s controversial business practices including allegations of overpriced repair charges and the battery/slowdown scandal.
CNBC: US Treasury employee arrested on charges of leaking reports to media
A U.S. Treasury employee has been arrested and charged with leaking to a BuzzFeed News reporter multiple secret reports about suspicious financial transactions. The documents relate to former Trump campaign chief Paul Manafort, Trump campaign official Richard Gates, accused Russian agent Maria Butina, the Russian Embassy and suspected Russian money launderer Prevezon Alexander. The accused … Read more
Fund Manager: Netflix’s Giant Ponzi Scheme
by Dave Kranzler of Investment Research Dynamics A colleague/friend asked today how I thought the “FANG saga” would end. I replied that I don’t know about GOOG and FB, but AMZN is maybe worth $50/share as it burns cash every quarter despite manufacturing GAAP “net income” so it’s hard to tell for sure – it could be worth … Read more
Canadian Government Wants the World’s Opinion on a Handgun Ban
By Francis Marion, TBP The Canadian government is looking for feedback from the public on their idea of a national ban on handguns and “assault-style” weapons (whatever the hell those are). The problem is the questionnaire they’ve provided can be filled out by anyone anywhere in the world as many times as they would like. … Read more
HUGE Breaking Court Transcript! Federal Judge ‘Shocked’ Clinton Aide Granted Immunity by Justice Department. Court Criticizes State Department for Providing False Statements on Clinton Emails
by TFittonJW I am the large person standing with Ramona Cotca, the excellent Judicial Watch attorney who represented us before Judge Lamberth last week. Here is the press release: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-federal-judge-shocked-clinton-aide-granted-immunity-by-justice-department/ A link to the court hearing transcript: https://www.judicialwatch.org/document-archive/jw-v-state-benghazi-talking-points-transcript-01242-2/ My Judicial Watch discussion of the hearing:
The Mad King and Long Con In Slow Motion – Götterdämmerung
by Jesse “Hell is empty, and all the devils are here.” W. Shakespeare, The Tempest “The easiest way to steal a man’s wallet is to tell him you’re going to steal his watch.” Leigh Bardugoh “They support freedom for themselves and slavery for everyone else, and they use the freedom of the market to disguise this. … Read more
Is Netflix being run by the United States Congress?
by Simon Black Shares of Netflix soared today on news the company lost a record $859 million in cash in the third quarter. Why are investors applauding this egregious destruction of capital? Well, it’s because investors only look at one number when Netflix reports earnings – subscriber growth. And on that metric, the company outperformed, adding … Read more
When Will Chasing The Hot Stock No Longer Work?
by Kevin Muir of Macro Tourist If someone had asked me to name the driving factors influencing US stock market performance return over the past year, I might have guessed the cut in the tax rate, but I would then be at loss to further explain what has been moving stocks. Lucky for me, Bloomberg has this great … Read more
OOPS: Advertisers Allege Facebook Failed to Disclose Key Metric Error for More Than a Year.
“Facebook knew of problems with how it measured viewership of video ads for more than a year before it revealed them in 2016, according to a complaint filed by advertisers.” via WSJ: Damping marketers’ concerns is important for Facebook as it seeks a bigger piece of U.S. spending on online video ads, which is projected … Read more
The Fed Is Trying To Drain Some Of The Risk Out Of The Market. This Is A Big Recognition.
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter During the stock market selloff last week, I appeared on “Off the Cuff” with Chris Martenson of PeakProsperity.com. While I’m a fairly regular guest on Off the Cuff — thank you, Chris! — these podcasts are normally reserved for premium subscribers of PeakProsperity.com. But this time, Chris released it to the public. Below is a … Read more
Why China Is Allowed To Torture and Implement Mao Tactics And No One Says Anything…
For More Information See: https://www.wsj.com/video/life-inside… https://nypost.com/2014/08/09/chinas-… https://rsf.org/en/china https://www.businessinsider.com/chine… https://erlc.com/resource-library/art… http://www1.cbn.com/cbnnews/2018/may/… https://www.washingtontimes.com/news/… https://www.pulse.ng/communities/reli… https://world.wng.org/2018/04/china_t… https://www.premier.org.uk/News/World… https://www.technocracy.news/china-he… https://www.scmp.com/news/world/europ… https://www.thenewamerican.com/world-… https://www.theepochtimes.com/falun-g… https://www.theepochtimes.com/more-th… https://www.reuters.com/article/us-ap… https://www.cnn.com/2018/02/02/asia/c… https://rsf.org/en/news/china-still-w… https://www.ucanews.com/news/journali… https://www.washingtonpost.com/news/w… https://panampost.com/antonella-marty… http://www.visiontimes.com/2017/07/08… http://factsanddetails.com/china/cat8… https://www.pri.org/stories/2017-02-1… https://www.scmp.com/business/compani… https://www.thestar.com/entertainment… https://www.bbc.com/news/world-asia-c… http://fortune.com/2016/03/18/the-big… https://therealdeal.com/2018/03/25/us… https://www.bloomberg.com/news/articl… https://www.reuters.com/investigates/special-report/college-charity/ https://www.timeshighereducation.com/… https://www.usnews.com/news/articles/… http://www.sentinelandenterprise.com/…
How the Ballooning Budget Deficit Could Affect Your Retirement
From Birch Gold Group In many ways, the current U.S. budget deficit represents uncharted territory. Investopedia defines a budget deficit when “expenses exceed revenue and it is an indicator of financial health.” Referring to the U.S. they added “Accrued government deficits form the national debt.” According to an official statement released by Steve Mnuchin and Mick Mulvaney at the Treasury, … Read more
Trump’s 2020 reelection campaign already has $106M and an army of grassroots volunteers
by Dr. Eowyn Two days before his inauguration, during an interview with the Washington “fake news” Post on Jan. 18, 2017, Donald John Trump already had the slogan for his re-election campaign in 2020. He asked the Post, “Are you ready?,” then announced his 2020 campaign slogan: “Keep America Great!” Trump called his lawyer into his office to trademark the … Read more
FACT: PPT formed by Reagan in 1988, they actually resleases statements from time to time hinting at what it’s been up to.
by Chris Here’s one from 2008: Statement by the President’s Working Group on Financial Markets 10/6/2008 HP-1177 Washington, DC– The President’s Working Group on Financial Markets issued the following statement today: Conditions in U.S. and global financial markets remain extremely strained. The President’s Working Group on Financial Markets (PWG) is working with market participants and regulators globally … Read more
VICTOR DAVIS HANSON: What Happened to California (Video)?
A couple weeks ago a spokesperson for the CA “high speed” rail poohed poohed critics of the project and promised that this rail project would provide noticeable dividends in reducing traffic congestion. These bureaucrats live in a bubble, and CA has evolved into a highly segregated state with extreme income disparity. PR
BREAKING: Major Win: NYT: Trump to Withdraw from UN Treaty that Forces Americans to Subsidize Cheap Chinese Package Shipments into the U.S.
WASHINGTON — President Trump plans to withdraw from a 144-year-old postal treaty that has allowed Chinese companies to ship small packages to the United States at a steeply discounted rate, undercutting American competitors and flooding the market with cheap consumer goods. The withdrawal, announced by the White House on Wednesday, is part of a concerted … Read more
CHINESE WARSHIPS HAVE BECOME MORE AGGRESSIVE IN THE SOUTH CHINA SEA
via usni.org: The link takes you to a US Naval Institute commentary on a Centers for Strategic and International Studies panel addressing Chinese navy actions in the contested sea area. There is an embedded video of the panel. The video doesn’t begin until 18:09. (Skip to it, otherwise you’ll see the intro for 18 minutes.) There … Read more
Nearly half world lives on less than $5.50 a day
Despite progress in reducing extreme poverty, nearly half the world’s population lives on less than $5.50 a day, with a rising share of the poor in wealthier economies, the World Bank said Wednesday. In a twice-yearly report, the bank took a broader look at poverty to see where countries were lagging, even though the share … Read more
The stock market goes up if these continue:
https://twitter.com/OccupyWisdom/status/1052517674557816833 … high debt levels of American corporations @SoberLook h/t @ennovance @DiMartinoBooth @lcdnews pic.twitter.com/67XojJWZwt — Mo Hossain (@MoHossain) October 17, 2018
Understanding and Utilizing Options (New Investor Friendly!)
via ericwcharmon: https://i.redd.it/9tt313o4qir11.jpg ((SMALL AUTHOR’S NOTE–Although the title says NEW INVESTOR FRIENDLY, I think it’s worth mentioning that I actually do not recommend options trading for individuals who are brand new to investing. Cut your teeth and learn as much as you can with traditional trading first, and after you feel comfortable with terminology, examining charts, collecting research, … Read more
15 year mortgage vs 30 year mortgage vs retirement: my $100,000 mistake
by ya_yea_yeah A couple years ago when interest rates bottomed out I made the choice of refinancing my 30 year into a 15 year at a 2.75% rate. I was borrowing at a rate of 4.375% prior to this. But I had the option of 3.5% if I wanted to refinance back into a 30 … Read more
What is the NPC meme? And why were 1500 people banned by Twitter
https://www.youtube.com/watch?v=zim5RbTR7UI NPC means “nonplayable character” or “nonplayer character.” It’s a term, borrowed from the world of video games, for a character that is controlled by the computer rather than by a player. Twitter has declared the use of this meme ““intentionally misleading election-related content,” – and its use is said to break twitters terms of … Read more
Bay Area city blocks 5G deployments over “concerns”
https://www.youtube.com/watch?v=BGpoWIZ0oOo The Bay Area may be the center of the global technology industry, but that hasn’t stopped one wealthy enclave from protecting itself from the future. The city council of Mill Valley, a small town located just a few miles north of San Francisco, voted unanimously late last week to effectively block deployments of small-cell … Read more
People are furious about the ACLU’s blatant support of racism
Make no mistake: A lawsuit against Harvard that's purported to represent the interests of Asian-Americans would, if successful, primarily benefit white students. #DefendDiversity pic.twitter.com/f7ssda9O9c — ACLU (@ACLU) October 15, 2018 Comments on Twitter show people are furious about the ACLU’s blatant support of racism. Tim Pool: “The ACLU Supports Discrimination and I’m PISSED” https://twitter.com/BryanLunduke/status/1052285356425457664 ACLU: … Read more
Stocks could see another swoosh before the market is able to build on, or even hold, this week’s gains.
History Says Market Sell-Off Isn’t over and This Drop Will Be Sharper Stocks could see another swoosh before the market is able to build on, or even hold, this week’s gains. The S&P 500 is about half way back from its October lows, but it could retest that level again before rallying into the end … Read more