The Pentagon’s Bottomless Money Pit

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via Matt Taibbi When the Defense Department flunked its first-ever fiscal review, one of our government’s greatest mysteries was exposed: Where does the DoD’s $700 billion annual budget go? A retired Air Force auditor — we’ll call him Andy — tells a story about a thing that happened at Ogden Air Force Base, Utah. Sometime in … Read more

In 1935 a USMC General and Medal of Honor recipient wrote a bestselling book describing how wars exist to enrich corporations.

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via wikipedia: War Is a Racket is a speech and a 1935 short book, by Smedley D. Butler, a retired United States Marine Corps Major General and two-time Medal of Honor recipient. Based on his career military experience, Butler frankly discusses how business interests commercially benefit, such as war profiteering from warfare. He had been appointed commanding officer of the Gendarmerie during the United States occupation of Haiti, which lasted from … Read more

Tariffs Didn’t Reduce the Trade Deficit (Deals Won’t Either)

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via mishtalk: Trump is on an impossible mission. Tariffs will not reduce the trade deficit and will likely make matters worse. To fully understand Trump’s trade dilemma, consider the following chart. Trump’s Current Account and Trade Deficit Problem in One Picture ​ Identity Government Saving + Private Saving = Exports – Imports The identity is not … Read more

U.S. Debt: Is It the Calm Before the Storm?

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via wharton: The U.S. national debt has crossed $22 trillion dollars — the highest ever. In the first four months of the 2019 fiscal year (October 2018-January 2019), the federal budget deficit ballooned to $310 billion, up 77% from the same time last year, as revenues fell 2% to $1.1 trillion and spending rose 9% to … Read more

Analyst Says Signs Point to Higher Gold Prices

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From Birch Gold Group This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Expert says all signs point to higher gold prices, the ingredients for silver’s breakout are here, and gold is still on track to hit $1,400 an ounce. All Signs Point to Higher Gold Prices … Read more

Real Reason Trump Wants to Ban Huawei: US Wants to Spy and China Won’t Cooperate

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via mishtalk: The UK, Germany, India, and the United Arab Emirates are among the countries resisting US pressure to Ban Huawei. The New York Times reports U.S. Campaign to Ban Huawei Overseas Stumbles as Allies Resist. Over the past several months, American officials have tried to pressure, scold and, increasingly, threaten other nations that are considering using … Read more

Jason Burack: Every Major Country is in “Stagflate & Lie” Mode Now Until The Next Collapse or a Global Reset

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Wall St. For Main St., Released on 3/18/19 Jason talks about the how President Trump is lying about how well the US economy is doing based on a really poor Atlanta Fed Q1 2019 GDP number. Construction spend also declined 6% according to the most recent data released. All signs are pointing to serious trouble … Read more

How the Constitution Dies

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by John Wilder Soldiers heading towards Omaha Beach. When I was in grade school the teachers spoke of the Constitution with reverence.  As second graders, we listened as the teacher told the story of how it was written and the freedoms it guaranteed us and the responsibilities that it demanded of us.  My grade school teachers … Read more

Colorado governor signs law that gives state’s electoral votes to national popular vote winner

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by DCG Over two years later, butt hurt from Hillary’s loss still alive and well. From MSN (via CNN): Colorado could be part of voting history next general election day, joining 11 other states looking to ensure that their electoral college votes echo the will of the American majority to elect the next president. Gov. Jared Polis (demorat) signed a … Read more

ROGER SIMON: Google Does Evil to Patrick Moore.

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via pjmedia: Google’s erasing the photograph of Patrick Moore, former president of Greenpeace, from the list of early founders and organizers of the environmental group, is, like the firing of James Damore a couple of years ago, a reminder of why it’s fitting the tech giant dropped its original motto, “Don’t be evil.” Google is just that and then … Read more

The Economic Benefit of Happiness

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by Harry Dent It always strikes me as odd that the happiest countries tend to be in cold-as-hell places like Scandinavia and Canada. It’s kind of similar stateside, too. This weekend I saw a recent study by WalletHub that shows that the happiest states in the U.S. tend to be in the upper Midwest region – … Read more

DIMON: POOR BEING LEFT BEHIND

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via CNBC: J. P. Morgan CEO Jamie Dimon points to two Americas: one that is benefiting from thriving U.S. corporations, and another that is struggling. “It is absolutely obvious that a big chunk of [people] have been left behind,” Dimon says. J.P. Morgan Chase CEO Jamie Dimon said that the U.S. economy has essentially been split into those … Read more

Trudeau Is More UNPOPULAR Than EVER! – Approval Rating Continues To TANK!

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Josh Sigurdson reports on the continued fall of Justin Trudeau following the incredibly damaging SNC-Lavalin scandal, Judy Wilson-Raybould’s testimony and his spiraling approval rating. A recent poll showed that Justin Trudeau will lose to The Conservative Party next election, decidedly. The issue is, one cannot depend on polls, they are simply not a good metric … Read more

Just Get Brexit Over With? Businesses Fear Prolonging the Uncertainty

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“In addition to uncertainty about what’s going to happen, now there’s uncertainty about when it will happen.” By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. With each passing day, the fog of uncertainty surrounding Brexit thickens, with myriad knock-on effects for businesses on both sides of the English Channel. “Companies no longer have any … Read more

READ BEFORE GONE: If You Talk About “—” You’ll Be MARKED—Here’s What’s Going Down…

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https://www.youtube.com/watch?v=XXe5SxB-Olc For More Information See: https://www.infowars.com/twitter-erup… https://thehill.com/homenews/state-wa… https://thehill.com/opinion/technolog… Breitbart Links: http://bit.ly/2O9nrWc http://bit.ly/2TSQcfg Social media users have responded with joy, anger, and mandatory memes after Fox News host Jeanine Pirro was booted from the airwaves on Saturday, one week after she hinted Congresswoman Ilhan Omar’s Muslim faith was un-American. Pirro’s weekly program, ‘Justice’, was replaced by … Read more

The Coming Wave Of High-Tech Authoritarianism

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BY JOHN RUBINO One of history’s hard lessons is that collapsing financial systems beget authoritarian politics. Today’s world, alas, is following this script, as rising debts lead to wrenching political changes in nearly every country that holds free elections, while fascism and socialism are are once again being taken seriously by people who in normal … Read more

Dovish Fed, China stimulus won’t do the trick – Bulls looking for repeat of 2016 stock-market rally will be disappointed: Morgan Stanley

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via marketwatch: U.S. stocks continue to rally in the face of steadily falling earnings estimates, leading some market commentators to draw comparisons to 2016, when equity markets rose amid a corporate earnings recession. That year, the S&P 500 index SPX, +0.37% rose 9.5% after an early stumble as earnings-per-share for S&P 500 firms rose just 1.2%, according to FactSet. Stock-market … Read more