Julian Vs. Zuckerberg

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by Chris Trump is dead wrong on not pardoning or otherwise absolving Assange, but it’s worth remembering that Julian became a target under Obama. The true crime?  Embarassing the power eloites in DC by exposing war crimes (and then later CIA/NSA misdeeds). As a reminder, just this week it was aqlso revealed, with something of … Read more

Big Banks Still Reaping Profits from ‘Astounding’ Legal Violations

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via Danielle Park: Better Markets (BM) describes itself as a “non-profit, non-partisan, and independent organization founded in the wake of the 2008 financial crisis to promote the public interest in the financial markets, support the financial reform of Wall Street and make our financial system work for all Americans again”. Eleven years in, BM continues to … Read more

SB-978 Gun Control Bill So Hysterically Restrictive That PEPPER SPRAY IS A FELONY

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by Daisy Luther of The Organic Prepper A new gun control bill introduced in the Oregon State Legislature added 45 pages of draconian amendments the night before the vote. SB978 passed the Judiciary Committee yesterday and now heads to the Oregon Senate. It’s a good thing that some parts of this state have vowed to be 2A sanctuaries because Oregonians are going … Read more

The Democrats can own US politics. This might sink them.

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by Fabius Maximus Summary: The Democrats have a potentially winning game. But economics are trump in politics, just as in almost everything else. Past spending sins might crash their parade.   The Democratic Party’s leaders probably believe they have a winning strategy. Open the borders, offer increased welfare, reparations to Blanks (and then perhaps other formerly … Read more

ANALYSIS: Nigel Farage is back, and as populist as ever. Now he needs to become a statesman.

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by John Ward To a predictable MSM barrage of ridicule, dismissal and risible critique yesterday, Nigel Farage officially launched his Brexit Party – with a major rally set to take place in Birmingham tomorrow. Apart from a media set largely biased against him, the BP leader faces the major obstacles of FPTP, the potential for a … Read more

How do they measure up against the most splendid housing bubbles in the USA? Oops!

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter In Greater Vancouver, BC, Canada, house prices fell 0.5% in March from February, the eighth month in a row of declines, according to the Teranet-National Bank House Price Index released this morning. It was the sharpest eight-month decline since February 2013. The index is now down 4.3% from the peak in July 2018. … Read more

General Electric Agrees to Pay $1.5 Billion Penalty for Alleged Misrepresentations Concerning Subprime Loans Included in Residential MBS

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Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Friday, April 12, 2019 General Electric Agrees to Pay $1.5 Billion Penalty for Alleged Misrepresentations Concerning Subprime Loans Included in Residential Mortgage-Backed Securities The Department of Justice today announced that General Electric (GE) will pay a civil penalty of $1.5 billion under the Financial Institutions … Read more

Dallas County’s new district attorney announced his office will no longer prosecute “theft of necessary items” up to $750.

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The announcement drew an immediate reaction from small business owners who are worried that word of the policy will encourage shoplifting. While the Dallas County District Attorney John Creuzot tried to clarify his new policy on Friday, some business owners are worried about what the DA’s new policy will mean for them. Cody Ellison and … Read more

Facebook accidentally shipped VR devices w/secret messages like “big brother is watching” & “the masons were here”

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Facebook’s virtual reality subsidiary Oculus has shipped tens of thousands of its touch controllers with sinister-sounding messages the company described as “easter eggs.” The messages included phrases like “Big Brother Is Watching You,” “The Masons Were Here,” “This Space for Rent,” and “Hi iFixit! We See You!” iFixit is a company that advocates for right … Read more

Corporate Takeover

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by Dana Lyons The corporate bond market may be at a key technical juncture.   Though stock indices are within spitting distance of all-time highs, it isn’t just the equity investors that have been happy of late. Corporate bondholders have also been enjoying a nice run lately, in particular over the past 6 weeks (following much … Read more

Will the stock market become more volatile?

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by Troy If you feel like the stock market has been quiet recently, then you’d be right. The S&P 500 has gone nowhere over the past 8 days, with very little intraday volatility. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by objectively quantifying technical … Read more

Foreshock For Something Bigger? A Magnitude 4.6 Earthquake Just Struck A Fault Line Off The Coast Of Northern California

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by Michael Snyder  An unusually large earthquake just hit the west coast.  According to the USGS, a magnitude 4.6 earthquake that was centered directly on a fault line happened approximately 221 kilometers west of Ferndale, California on Friday.  Fortunately it was far enough away from shore that no major damage was caused.  But if this was just … Read more