There Is a Savings Crisis in America

via CNBC: Policy experts, economists, business people and teachers are debating the extent to which personal finance education can turn around the fact that so many Americans are one emergency away from financial disaster. At the same time, the ways in which people think about how we can become financially better off are increasing and … Read more

Why Corporate America’s Profits Are Set to Drop

via MarketWatch: Conference Board says manufacturing, food service, transportation, agriculture and construction could see their bottom lines hurt the most Surging labor costs and slower revenue growth likely will lead to a drop this year in corporate profits in the U.S. and other developed economies, according to a report out Monday from The Conference Board. … Read more

The Coming Credit Meltdown

via Zerohedge: With investor attention increasingly focusing on what most believe will be the catalyst for the next financial crisis, namely a tsunami in corporate defaults as a result of the disastrous combination of record leverage, higher rates and an economic slowdown, overnight we presented the view of FTI global co-leader of corporate finance and restructuring, Carlyn … Read more

Globally, manufacturing dropping, retail dropping, auto sales dropping, housing dropping, revenues/guidance dropping. It’s all going lower and accelerating.

https://twitter.com/PuffDragon11/status/1113214483231531008 Economic Data Weakens, Markets Soar. Are We Repeating 2008? Liquidity injections and zero interest rate policies disguise risk and may give a false sense of security. China To West Coast North America 40ft Shipping Container Rate is telling the real story of Walmart pic.twitter.com/MGu4ifF1H8 — Alastair (@StockBoardAsset) April 2, 2019 https://twitter.com/hks55/status/1113263190081773568 🤨Retail Sales Plunge, … Read more

AOC Doesn’t Realize Clinton Email Servers Used Microsoft Exchange to Store Top Secret Intelligence

https://www.youtube.com/watch?v=eZI1PGsfS9w Clinton mailed a laptop in the postal mail https://www.youtube.com/watch?v=kxEuF… It was kismet, and in March of 2009, Pagliano delivered two servers to Chappaqua—a Dell PowerEdge 2900 running Windows Server and Microsoft Exchange and a Dell PowerEdge 1950 running Blackberry Enterprise Server (BES). Cooper and Pagliano together acquired additional network and storage hardware. Initially, Pagliano … Read more

Rachel Maddow Announces NATIONWIDE Russiagate Conspiracy Protest

Rachel Maddow Announces MASSIVE RussiaGate Conspiracy Protest. Reporting first, Maddow highlights a coalition of Russiagate conspiracy theorists demanding the unredacted release of the Mueller report because they refuse to believe there is no collusion or no obstruction. Maddow falsely reported that Robert Mueller was not assisting Bill Barr with redactions and was corrected in real … Read more

Nellie Ohr Lied About Ham Radio To Congress

by sundance Nellie Ohr is the wife of DOJ official Bruce Ohr.  Nellie Ohr, a specialist in Russian matters, was also a contract employee of the CIA for multiple years.  In September 2015 Nellie Ohr approached her former colleague at Fusion GPS (Glenn Simpson) for a job. Nellie Ohr was hired as a contract agent by Fusion to work on … Read more

Self-Described “Paper Of Record” Wonders How News Disappeared

NY Times on Virginia’s unresolved scandals: ‘It just went poof.’ The NY Times published a piece today about the trio of scandals that overwhelmed Virginia in February. It’s a curious fact that after numerous Democrats called for the resignation of Gov. Northam (over a blackface yearbook photo) and Lt. Gov. Fairfax (over alleged sexual assault), both … Read more

A Solution To Noisy Restaurants

via 4brad: A recent New York Times article on going to restaurants over 50 didn’t need to remind me of something almost all of us oldsters already know — you can’t hear people any more except in rare quiet restaurants. If I sit down with a group, at best I might manage a conversation with the people on … Read more

Pentagon-Style “Threat Inflation” On Steroids: The Threadbare Case For Wasting $750 Billion/Year On DOD

via bracingviews: Missile Envy W.J. Astore I grew up on a steady diet of threat inflation.  Before I was born, bomber and missile “gaps” had been falsely touted as showing the Soviet Union was ahead of the U.S. in developing nuclear-capable weaponry (the reverse was true).  But those lies, which vastly exaggerated Soviet capabilities, perfectly served … Read more