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FCC Dings Left-Wing Nonprofits For Using Federal Program To Finance Pet Projects. An FCC commissioner is blowing the whistle on left-leaning groups he believes might be scamming a program designed to help deliver high-speed internet to public schools. “These organizations are stockpiling significant amounts of cash,” FCC Commissioner Brendan Carr said about nonprofits who appear … Read more
By Tsvetana Paraskova Two consumer groups opposed to fossil fuels are calling on California’s Governor Gavin Newsom to fire supervisors at the state agency regulating oil drilling permits over a conflict of interest, after the consumer alliances found records showing that several regulators held shares in oil giants such as Exxon, Chevron, Valero, ConocoPhillips, Shell, … Read more
by David Haggith It’s time to turn around and see the darkness that the Fed sees looming over you. Earnings season is already extending signs of recession with the first corporate reports coming in far darker than expectations that were already twilight dim in FactSet’s estimations, which pegged earnings as likely to show a 2% contraction. Even … Read more
Authored by Mike Shedlock via MishTalk, Stocks are on a tear. Celebrating rate cuts. With the rate cuts comes a recession. No recession? No more rate cuts. It’s been one hell of a party. Hold on, John Hussman says Warning: Federal Reserve Easing Ahead Of all the distinctions that investors might make in the coming few years, one … Read more
by Charles Hugh-Smith Convenience is the sales pitch, but the real goal is control in service of maximizing profits and extending state power. When every device in your life is connected to the Internet (the Internet of Things), your refrigerator will schedule an oil change for your car–or something like that–and it will be amazingly wunnerful. You’ll … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Here’s why. The strategy is a game changer with global impact. Geely, China’s largest domestic automaker, disclosed that deliveries plunged 29% in June compared to a year ago, and that they’re down 15% in the first half. And it slashed by another 10% its already lowered forecast for deliveries for the whole year. … Read more
by Michael Snyder Even though everything else seems to be going wrong, the stock market just continues to soar to new record highs. In fact, the Dow Jones Industrial Average closed above 27,000 for the first time ever on Thursday. Investors continue to relentlessly believe that bright days are ahead even though we are on … Read more
by Michael Snyder New Orleans is about to be hit by “an extreme rainfall event” that is likely to be the worst disaster that the city has seen since Hurricane Katrina. It is being projected that Tropical Storm Barry could officially become a hurricane before it makes landfall on Saturday, but in this case the … Read more
RESTORING ORDER ON BART: Three months ago, the Bay Area Rapid Transit (BART) system that serves San Francisco and surrounding counties began a “blitz” to deter morning rush-hour fare evasion at four downtown stations. As reported by the San Francisco Chronicle, the first month’s results were startling: proof-of-payment citations rose 13 percent, new ticket sales rose 10 … Read more
100% Fed Up reports, Bernie Sanders is using an “infomercial” type ad to tell everyone who took a student loan out for college that their debt will be canceled. It’s a rainbows and unicorns ad that appeals to his supporters who are between the ages of 18-24. https://www.youtube.com/watch?v=oi_ZeKelxi8 Read More/Source/Credit/FairUse: https://100percentfedup.com/video-ber…
William Davis from The Daily Caller reports, Former Democratic Kentucky congressional candidate Amy McGrath is making another run at Congress, and this time she’ll attempt to take down Senate Majority Leader Mitch McConnell. https://www.youtube.com/watch?v=A_88u7sUngk Read More/Source/Credit/FairUse: https://dailycaller.com/2019/07/09/amy-mcgrath-challenge-mitch-mcconnell-kentucky/
What do you think will happen with wages? Increased minimum wages? MMT? Look at what has been happening to the jobs around the U.S. Clearly it isn’t what we are being told at face value. Something problematic has been brewing since 2008 and it is unlikely to stop any time soon. In general, far … Read more
This article was written by Rory Hall and originally published at The Daily Coin We are told China’s economy is hurting, the “trade wars” are working and bringing China to it’s knees. From where I sit nothing could be further from the truth. Currently China holds well north of $1 TRILLION in U.S. Treasuries – debt … Read more
BY JOHN RUBINO President Trump and Congresswoman Alexandria Ocasio-Cortez don’t agree on much – and would be loath to admit it if they did. But their ideas on monetary policy are converging on the same goal: easy money forever. Trump is now trying to force the deep state to devalue the dollar: Trump has reportedly asked … Read more
by DCG You deserve what you vote for, Chiraq. You have countless shootings EVERY DAY, EVERY WEEKEND – and that includes children being shot and killed. Yet you elected a progressive mayor who is now promising to protect illegal aliens – and their children. Heaven forbid Mayor Lightfoot actually do something about addressing the gang … Read more
https://www.youtube.com/watch?v=gL2x9PYIWEs President Trump is hosting a social media summit with some of his biggest supporters in media and government. He is a vocal critic of social media platforms such as Twitter, saying that they often silence conservative voices. In the meantime, France has imposed a 3 percent tax on American tech giants. Investigative journalist Ben … Read more
via nextgov: ICE agents have used facial-recognition technology on state driver’s-license photos, turning a public database into a de facto criminal database. Over the weekend, the U.S. took another step in the slow crawl toward normalizing databases and hidden searches as a fact of urban life. A new report from Georgetown Law’s Center on Privacy and … Read more
by northmantrader $DJIA 27,000, $SPX 3,000, so the headlines and the president celebrate. Don’t let the headlines distract you, look under the hood. This rally is technically weak, it’s as weak as the reason for it: The Fed. From my CNN Business article this morning: “Lowering interest rates is rooted in desperation. Watch out, investors. While rate cuts, … Read more
