Leaked chat between Puerto Rico’s Democrat governor and his executive team shakes the island

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via elnuevodia: The full contents of a group chat between Puerto Rico governor Ricardo Rosselló and close associates were publicly disclosed Saturday morning, after several days of partial leaks that have rocked the Caribbean island. The 889-page document, published by the non-profit journalism group Centro de Periodismo Investigativo and obtained from an anonymous source, details efforts by high-ranking officials and … Read more

Reddit Ignores Calls for Violence On Left-Leaning Subreddits Despite Censoring Pro-Trump Subreddit

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via redstate: Reddit recently gagged the subreddit r/The_Donald with a “quarantine” that essentially makes the subreddit invisible unless you go searching directly for it. When you do, it asks you if you want to see the content within, giving you the impression that it’s dangerous. It’s not. The subreddit is a pro-Trump room that, as its defenders describe … Read more

Swedes getting spied on

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And so it begins! How going cashless allows Big Brother to spy on your every move: As thousands of Swedes get payment chips implanted in their hands, a backlash is growing amid fears of data abuse.   via dailymail:  Pensioners and disabled people have hit out at the move away from cash  Former banker Hans-Uno Broström … Read more

Greg Weldon: The US Economy Is Rolling Over… Nick Reece: Majority of Global Manufacturing Sector Now Contracting

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https://static.financialsense.com/audio/2019-07/financial-sense-20190712-chapman-7939890900f6.mp3 July 12, 2019 – Fed Chairman Jerome Powell confirmed a rate cut is coming at the end of this month. Markets reacted positively to this news with major indexes hitting new highs. Ryan Puplava makes sense of what moved the markets this week. Then, Basil Chapman, host of the Tiger Technicians Hour, says the bull … Read more

Are traders becoming hardened to signs of markets stress?

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by Simon Popple of Brookville Capital on IG UK With debt to global gross domestic product (GDP) growing, now at 320% and climbing, and signs of incoming recession in many economies, are traders and investors becoming hardened to market stress? Simon Popple, Brookville Capital, joins IGTV’s Jeremy Naylor to discuss.  

Why Did Jeffrey Epstein Fly Back To The US?

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by Raúl Ilargi Meijer Alex Acosta is gone. That would appear to be good thing, because even if he claims he did the best he could in the 2008 Jeffrey Epstein plea deal, given the number of accusations and the seriousness of the alleged crimes, that deal seems to have had anything but the best … Read more

How Decentralized Finance Makes Investing Universally Accessible

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by visualcapitalist   Historically, global financial markets have been restricted to those with exactly the right contacts, in the right locations, and with vast amounts of wealth already at their disposal. Investing for the general population, however, was typically expensive, cumbersome, and inaccessible. Fortunately, today’s infographic from Abra demonstrates how the decentralized financial market has brought about solutions … Read more

PURL JAM: Finland hosts heavy metal knitting championship.

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via stuff.co.nz: Armed with needles and a yarn of wool, teams of avid knitters danced to the deafening sounds of drums beating and guitars slashing at the first-ever Heavy Metal Knitting World Championship in eastern Finland. With stage names such as Woolfumes, Bunny Bandit and 9” Needles, the participants shared a simple goal: to showcase their knitting … Read more

Pelosi’s House of Pain — Alexandria Ocasio-Cortez turns the 116th Congress into Thunderdome.

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via freebeacon: She’s something, Ocasio-Cortez. At 29 years old, she perfectly embodies her generation’s uniquely irritating combo of self-righteousness and cluelessness. Passionate and charming at first blush, her appeal quickly wears off. In a March Quinnipiac poll her favorability was underwater by 13 points. What Ocasio-Cortez understands is that, in the culture of social media celebrity, … Read more

The U.S. (and Global) Economy Is In Trouble

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by Dave Kranzler of Investment Research Dynamics Jerome Powell will deliver the Fed’s semi-annual testimony on monetary policy (formerly known as the Humphrey-Hawkins testimony)  to Congress this week.  He’ll likely bore us to tears bloviating about “low inflation” and a “tight labor market” and a “healthy economy with some downside risks.”  Of course everyone watching will strain their … Read more

BLAME FEDERAL REGULATION: If you bought a Whirlpool, Maytag, GE or any other dishwasher manufactured and sold in the U.S. in the last five years, you could be waiting up to four hours before that washing cycle stops. Even then, there’s no guarantee your dishes are clean.

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But the Trump Administration’s deregulatory process offers hope. via insidesources: Weeks of comparing models with all kinds of fancy features. A spreadsheet filled with manufacturer guidelines, specifications, and descriptions of what gets washed in each kind of cycle. More weeks spent scouring big-box store ads for sales and special deals. Finally, the stars align and you … Read more