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Benjamin Franklin said that: “When the people find that they can vote themselves money that will herald the end of the republic.” How prescient and true. Once theft and redistribution by government is considered acceptable, the downward spiral of civilization begins. It can last for decades, or even centuries. But the end result is always … Read more
via @GS_CapSF: Housing looks like shit. Permits, starts, housing under construction all declining YoY. The weather related snap back lasted one month. Builders not breaking ground even after permitted show lacks of confidence in ability to sell. Number of sales falling off a cliff. #housing Construction as a percentage of GDP isn’t huge but has a … Read more
by chargePerSecond To get a sense of the trend as one increases in tax brackets, I took one common tax situation (married, filing jointly) and plotted federal income tax vs. adjusted gross income (AGI). I also plotted the effective tax rate vs. AGI (dotted lines, right y-axis) which is simply the total tax divided … Read more
via forbes: The world economy is based on ever-increasing population, said Nobel laureate Steven Chu, a scheme that economists don’t talk about and that governments won’t face, a scheme that makes sustainability impossible and that is likely to eventually fail. “The world needs a new model of how to generate a rising standard of living that’s not … Read more
Not just South Korea slowing, more bad trade data from Taiwan pic.twitter.com/L4wRxzTIAu — Alastair (@StockBoardAsset) April 22, 2019 https://twitter.com/StockBoardAsset/status/112011661304 South Korean exports slumped further this month, according to preliminary data, led by a drop in shipments of computer chips. pic.twitter.com/h7eAeB1nCO — Alastair (@StockBoardAsset) April 22, 2019 The world economies are slowing. Here’s the proof. The … Read more
Interesting comments by Larry Fink before stock market turning points pic.twitter.com/1bB8yUCQ0E — Alastair (@StockBoardAsset) April 16, 2019 real estate tends to turn first pic.twitter.com/HRGtqUoT8g — Alastair (@StockBoardAsset) April 22, 2019 Bullish https://t.co/BpmgZOLWMv — mcm-ct.com (@mcm_ct) April 22, 2019 Top line revenue growth tied to nominal GDP trends@OxfordEconomics @SoberLook pic.twitter.com/Op7Y7UeaSZ — Liz Ann Sonders (@LizAnnSonders) April … Read more
by Lance Roberts Steve Goldstein recently reported for MarketWatch that closely watched auto sales were leading economists to be more confident in their economic outlook for the rest of the year. To wit: “Motor vehicle sales reached a seasonally adjusted annual rate of 17.45 million in March, up from 16.57 million in February, according to data from Autodata. That’s … Read more
By Robert Ross Chances are you’re overlooking an entire class of safe, high-yield stocks… These stocks have dividend yields averaging 5.7%. Yet very few retail investors own them. That’s a shame. It means you’re probably leaving a lot of (predictable) money on the table—a thought income investors should cringe at. If you haven’t figured it out already, … Read more
TOPICS IN THIS INTERVIEW: 02:20 Prepping for a crash, Trump’s CRACKDOWN on the FED 07:00 Debt growing faster than the economy 15:00 Connections between the FED and politics 22:10 Wealth transfer from baby boomers to Millennials – is all as it seems? 26:55 Gold investors frustrated, drained and out of hope 33:15 What is the … Read more
https://www.youtube.com/watch?v=80EY1vNOwdA Journalist organisations have condemned French police after 2 reporters were detained on Saturday – during the 23rd consecutive weekend of the Yellow Vest protests. ‘There’s a question emerging: is there a determination to intimidate journalists? We have an impression some of them are being targeted’ – Vincent Lanier, The National Union of Journalists ‘Since … Read more
By Jared Dillian Let’s talk about billionaires. In my lifetime, I have known a few billionaires. I can count them on one hand. They all have two things in common: They are really good at doing a thing. They are relentless in the pursuit of that thing. There’s no trick. Social skills help, connections help, … Read more
via DillyKally To reiterate. Hillary Clinton and Barack Obama are traitors Hillary Clinton literally paid Russia for fake dossier that she used to rig the election https://outline.com/CxTKqW Russia reviewed and bought Pro Hillary Clinton ads on Facebook in order to help her https://outline.com/vJxhqN Russia organized multiple anti Trump protest. Some of which were attended by … Read more
Giuliani: Mueller had conflilcts of interest https://www.youtube.com/watch?v=diy-x… Comey And McCabe Should Be Charged With… https://thefederalist.com/2019/04/12/… With zero cause: http://archive.is/2YxCS https://www.youtube.com/watch?v=CBbWVMOrnus Collin Rugg from I Love My Freedom reports, Now that the full redacted Mueller Report is out, the media has entered an all out conspiracy theory mode as they are trying to push the … Read more
Socialism has failed across the world – from the Soviet Union and Eastern Europe to China, Vietnam, North Korea and, most recently, Venezuela. So now the left references countries like Denmark as “proof” that socialism works. Otto Brons-Petersen explains why they’re wrong: Denmark is just as capitalist as the United States.
by Dave Kranzler of Investment Research Dynamics “The credit creation theory was something I intuitively grasped before from other alt-media sites, John nailed it down.” – Comment from someone who watched the podcast below The “money supply” number as provided by official Federal Reserve statistics, it turns out, is not the true money supply. The fractional banking system allows … Read more
By Tsvetana Paraskova After rallying more than 30 percent year to date, oil prices could be set for a further upside in coming weeks as a combination of near-term bullish supply-side factors could push prices higher than current levels. Over the next few weeks, several critical geopolitical events could set the trend for even higher … Read more
Democrat Elizabeth Warren is proposing the elimination of existing student loan debt for millions of Americans, part of a sweeping set of education funding proposals announced as she and other presidential candidates seek to differentiate themselves in a sprawling field. The Massachusetts senator says the proposal unveiled Monday would eliminate almost all student loan debt … Read more
Obama’s Campaign Paid $972,000 To Law Firm That Secretly Paid Fusion GPS In 2016. Since April of 2016, Obama’s campaign organization has paid nearly a million dollars to the law firm that funneled money to Fusion GPS to compile a dossier of unverified allegations against Donald Trump. Former president Barack Obama’s official campaign organization has … Read more
via @IvoValkenburg: https://itep.org/notadime/
via GLP: So basically, I have some experience with video making, but I have only ever done it for artistic fun and time wasting. The idea of making money off of artistic pissing in the wind seemed absurd to me, just like Bitcoin, which also conned many and resulted in big time money loss expenditures … Read more