WINNING: Democrats fear Trump, Republicans are making inroads with Hispanic voters in Florida.

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When Donald Trump’s campaign manager said in Miami recently that he planned to launch a national Hispanic outreach effort in Florida, Democrats took notice. The state’s 2.2 million Hispanic voters make up an outsized portion of Florida’s electorate, and nearly two-thirds voted in 2016 for Hillary Clinton. Last year, Trump’s hard-line immigration policies and rhetoric contributed to sweeping Republican … Read more

High-tax exodus from states just beginning, expert warns

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The cap on state and local tax (SALT) deductions has already begun to driveOpens a New Window. some residents away from high-taxOpens a New Window. states like New York and New Jersey, but experts say that trend is only going to intensify. “It took a few months for taxpayers to realize the dollar implications – until they actually filed … Read more

DON’T BE EVIL: Millions of Business Listings on Google Maps Are Fake — and Google Profits.

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via WSJ: Google’s ubiquitous internet platform shapes what’s real and what isn’t for more than 2 billion monthly users. Yet Google Maps, triggered by such Google queries as the one Ms. Carter made, is overrun with millions of false business addresses and fake names, according to advertisers, search experts and current and former Google employees. … Read more

Facebook cryptocurrency: dawn of the corporation-government?

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Facebook’s cryptocurrency, officially unveiled on Tuesday, heralds the rise of the corporation-government, potentially shaping the already vast powers of the Silicon Valley giants into a borderless, unaccountable techno-oligarchy. The crystal ball is dark, and we should be afraid. Facebook’s cryptocurrency, Libra, is to be used in a standalone application or its messaging platform, à la … Read more

Is the Fed the Only Means of Creating Money?

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by Martin Armstrong QUESTION: I am confused. Is it true that only the Federal Reserve can create money and not the Treasury? HB ANSWER: It all depends upon your definition of money. If you are asking about paper currency, then the answer is yes. If you are speaking of “elastic money,” which really is just book-entries, then that … Read more

Yikes! Japan has more people over the age of 80 than under the age of 10

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by Simon Black Earlier this week the United Nation’s Department of Economic and Social Affairs released its 2019 world population report… and there were a number of very interesting findings: 1) World population continues to grow slightly, but the rate of global population growth is at the lowest level since at least 1950.  2) Global population growth … Read more

ALERT: Dems in TOTAL MELTDOWN After Trump CONFIRMS BEST July 4th Celebration America Has EVER Seen

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https://www.youtube.com/watch?v=a52u0r5eebU Brett Samuels from The Hill reports, The Department of Interior on Wednesday released a schedule of events for Independence Day, which this year will include an address from President Trump titled “Salute to America,” military demonstrations and flyovers, a parade as well as an expansion of open areas along the National Mall. Read More/Source/Credit/FairUse: … Read more

Here’s who gets rich from Slack’s market debut (CNBC)

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Biggest Slack shareholders Stakeholder//Shares owned//Percent of ownership//Value of Stake at $26 per share share Accel//119,928,410//24%//$3,118,138,660 Andreessen Horowitz//66,523,324//13%//$1,729,606,424 Social Capital//50,853,362//10//%$1,322,187,412 Stewart Butterfield//41,619,937//8%//$1,082,118,362 SoftBank//36,611,744//7%//$951,905,344 Cal Henderson//16,604,503//3%//$431,717,078 https://www.cnbc.com/2019/06/19/slack-debut-means-big-returns-for-accel-and-andreessen.html     AC

Is China’s concern over a possible US dollar shortage risk forcing companies to sell overseas assets?

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via scmp: China’s need for US dollars to repay debts, pay for imports and fund Belt and Road initiative projects may exceed its US$3.1 trillion in foreign exchange reserves Anbang Insurance Group, Dalian Wanda Group and HNA Group have all been pressured to sell assets amid the trade war with the United States This is the … Read more

“They’re Right, It ‘Is’ Different This Time…”

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Authored by Sven Henrich via NorthmanTrader.com, They’re right. It IS different this time. It’s worse. Much, much worse. What is? Everything. In terms of preparedness for the next recession that is. Debt is higher than ever, be it corporate debt, government debt, central banks balance sheets, available ammunition to deal with a new recession, wealth inequality, the … Read more

In One Chart: A Decade of the U.S. Trade Deficit with China

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by howmuch Since 2010, the United States and China have had the world’s largest economies by GDP. But one interesting difference is that the U.S. is the world’s biggest importer while China is the world’s biggest exporter. The U.S. is currently China’s biggest trade partner, but recent talks about tariffs have highlighted the imbalance of imports and exports between the … Read more