Despite Record Buybacks, Earnings Per Share Are Falling, Yet Valuations Rising

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via trueeconomics: As raging buybacks of shares and M&As have dropped the free float available in the markets over the recent years, Earnings per Share (EPS) continued to tank. Yet, S&P 500 valuations kept climbing: Source: Factset  As noted by the Factset: 1Q 2019 “marked the largest percentage decline in the bottom-up EPS estimate over the … Read more

Academic Hoax – “What appears beyond dispute is that making absurd and horrible ideas sufficiently politically fashionable can get them validated at the highest levels of academic grievance studies”

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by magenta_placenta Three people conducted what they call a ‘grievance studies’ experiment. They wrote fake papers on ridiculous subjects and submitted them to prominent academic journals in fields that study gender, race, and sexuality. They did this to “expose a political corruption that has taken hold of the universities,” say the hoaxers in a video … Read more

Wasserman Schultz Threatens Kicking Bernie Sanders Out Of Democrat Party Over Venezuela | Greg Palast on The Jimmy Dore Show

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Investigative journalist Greg Palast appears on the Jimmy Dore Show. The conversation turns to DWS threat to kick Bernie Sanders out of the Democrat Party if Sanders does not go along with program to starve Venezuela into submission. Palast: “Wasserman Schultz is well known to be allergic to democracy”   h/t casapulapula  

Markets aren’t really recovering from the US-China trade war – this is just a dead cat bounce

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by Andy Xie The markets are celebrating the pending agreement between China and the United States to end the trade war. This follows the US Federal Reserve signalling a pause in raising interest rates. The euphoria is bringing the bulls out of hiding. Unfortunately, this is likely to be a dead cat bounce. A global slowdown … Read more

Forced Blood Draws & Implied Consent Laws Make a Mockery of the Fourth Amendment

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by John W. Whitehead “The Fourth Amendment was designed to stand between us and arbitrary governmental authority. For all practical purposes, that shield has been shattered, leaving our liberty and personal integrity subject to the whim of every cop on the beat, trooper on the highway and jail official.”—Herman Schwartz, The Nation You think you’ve got rights? Think … Read more

Resident in liberal utopia of Seattle who has been targeted by homeless: “Our community is just falling apart”

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by DCG I’ve blogged about the homeless crisis in Seattle that is exacerbated by bureaucrats who do not punish the homeless for their criminal activities. See the following examples: How many convictions does it take for Seattle City Attorney to place a homeless criminal in jail after his latest assault? “Devastated by what Seattle has … Read more

Pentagon awards Lockheed Martin nearly $1 billion for Saudi missile system deal

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Lockheed Martin has been given a billion dollar contract to provide THAAD missile systems for Saudi Arabia. This decision to continue to give the Saudis arms comes at a time when Congress is mulling implementing their own sanctions against SA due to the Jamal Khashoggi killing and congressional dissatisfaction with the President’s reluctance to blame … Read more

Most Damaging Growing Pains In A Small Business

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Running a small business these days is like a double-edged sword. It can be completely and fully rewarding, but it doesn’t come without a unique set of risks. There are always risks in business, but with an unpredictable economy, it really makes things even more complicated. This is especially true when it comes to small … Read more