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by John W. Whitehead “We know where you are. We know where you’ve been. We can more or less know what you’re thinking about… Your digital identity will live forever… because there’s no delete button.”—Former Google CEO Eric Schmidt Uncle Sam wants you. Correction: Big Brother wants you. To be technically accurate, Big Brother—aided and abetted by his corporate … Read more
via NYT: Armchair investors have been selling stock. So have pension funds and mutual funds, as well as a whole other category of investors — nonprofit groups, endowments, private equity firms and personal trusts. The stock market is off to its best start since 1987, but these investors are expected to dump hundreds of billions … Read more
by Shaun Richards One of the main themes of my work is that the monetary easing by central banks has boosted asset prices, but the catch is that for example rises in house prices are inflation for the first-time buyer as well as those trading up. So the theme that it is all wealth effects … Read more
And would collapse the dollar in less than 2 years! According to a new report, Rep. Alexandria Ocasio-Cortez’s (D-N.Y.) Green New Deal could cost taxpayers as much as $93 trillion over 10 years. The American Action Forum, a center-right think tank, estimated that the Green New Deal could cost between $51 trillion and $93 trillion, … Read more
via Keith Jurow Remember all those sub-prime mortgages that blew up in 2007 and popped the housing bubble? The widely-held consensus is that millions of them were foreclosed as housing markets cratered. Since then, the remaining ones have been quietly disappearing as markets recovered. Here is the problem: That is just a fairy tale. The truth … Read more
by: Stefan Gleason More than a decade after the 2008 financial crisis, U.S. monetary policy continues to operate in crisis management mode. Despite a long, drawn out rate-hiking campaign – now paused – the Federal Reserve has yet to bring its benchmark interest rate up to normal levels historically. It has yet to unwind the … Read more
Reason TV, Released on 2/26/19 The U.S. sugar program is “Stalin-style price controls,” Ross Marchand of the Taxpayers Protection Alliance tells John Stossel.
by John Ward Bland consensus is a bad thing. But utilitarian consensus would be vastly preferable to the opposing armed camps of ideological nonsense we see before us today. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ I do not consider myself to be a progressive. In the eyes of progressives, that statement renders me a scumfascistbigotracisthardrighter. Which kind of goes to show … Read more
Dave Janda interviewed on X22 Report Spotlight Dave Janda says the Deep State is about to be taken down, and Janda gives an important update on all of the latest progress being made to do just that. You won’t want to miss this interview embedded in its entirety below:
by northmantrader The $DJIA got to within 3% of all time highs yesterday. Quite the feat from being down 20% off the highs just 9 weeks ago. Credit where credit is due: Jawboning works. From the Fed’s 180 turnaround on policy to the constant carrot dangling of a supposed imminent China trade deal this rally has … Read more
by these-things-happen The Internal Revenue Service announced that interest rates will remain the same for the calendar quarter beginning April 1, 2019. The rates are: • six (6) percent for individual overpayments (refunds) • six (6) percent for individual underpayments (balance due) Under the Internal Revenue Code, the rate of interest is determined on … Read more
by chartr Very similar charts have been made in the past, such as this one. I thought I’d give it a refresh and also include some of the more personally nostalgic ones like Bebo! Data: Google Search Trends. Tool: Excel.
by David Haggith In my last article, “The Bears Have it Right: Economy went Polar Opposite of Bullish Predictions,” I laid out my first prediction for 2019 — a recession by summer. I don’t want the following revelations and facts that I have since come across to get lost in comments I recently posted to that … Read more
by howmuch Tax season is in full swing, and it’s fair to wonder what you’re getting for all your money. It turns out for people living in most states, the federal government is spending a lot more than it’s receiving in tax revenue. 40 out of 50 states are getting more, sometimes a lot more, … Read more
via MarketWatch: The Tax Policy Center estimates how many people paid no federal individual income taxes in 2018 Tax-filing season has begun. Americans have until April 15 to file their income taxes. There’s been some good news for workers over the last year: Unemployment hovers at 3.9% and average hourly earnings rose by 3.2% on the year in December. … Read more
via businessinsider: Italy faces a fresh budget fight just months after ending a near six-month saga surrounding spending, after media reports in the country suggested the coalition government could move to raise taxes. Government officials moved to squash the rumors. Finance Minister Giovanni Tria described those responsible for reports of higher taxes as “follies and speculations.” … Read more
by TFittonJW Judicial Watch pushing hard against the coup: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-sues-for-coup-documents/
by Lance Roberts The market is downright bullish. There is little reason to argue the point given the bullish trend since the December 24th lows. Of course, such is not surprising given the Fed’s dovish turn from tightening monetary policy to quietly putting the “punch bowl” back on the table. But yet, this rally is occurring at a … Read more
So she’s getting the updated version of the Ron Paul treatment. So Social Media has joined Corporate Media in a united front telling you what to think and what you can say. Tulsi Gabbard is the only candidate firmly against America’s war of terror. So of course, Facebook is starting to randomly block sharing of … Read more
by Martin Armstrong Vancouver, where it rarely snows, has had five snow storms this year. It has even been reported that snow has fallen in Las Vegas and Los Angeles. Now that is an extremely rare event by itself in addition to Vancouver. The winter cold has been severe this year. It appears that we … Read more