Trump just declared in Presser, if no deal by the end of 3 weeks I will declare a national emergency (updated video)

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Just on fox business news. this is not the clip they played on fox business news but its the only one I could find, there is more to this presser than is posted at about 6:30 Reporters told by @POTUS he’ll declare an emergency if no border security deal reached. — Steve Herman (@W7VOA) January … Read more

Speaker Pelosi and Chuck Schumer: “We Hope Donald Trump Learned his Lesson”…

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by sundance Taking a victory lap around the White House, Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer hold a press conference after President Trump agreed to temporarily re-open government (three weeks), without any funding or promises toward a southern border wall. . Additionally, it seems Speaker Pelosi is positioning herself to use the current … Read more

The Shale Energy Bust Is Starting

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by Jesse Colombo OilPrice.org published a piece this week called “Warning Signs Flash For U.S. Shale” – The shale tidal wave may finally be starting to ebb. The largest oilfield services company in the world says that shale drilling activity is slowing, creating an uncertain outlook for 2019. The recent volatility in oil prices has … Read more

Trump Caves Again

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Via ZeroHedge Trump Announces 3-Week Stopgap Deal, Threatens ‘National Emergency’ If No Wall Funding Update 3 (2:20 pm ET): Trump has announced a tentative deal to reopen the government for 3 weeks until Feb. 15. TRUMP: AS EVERYBODY KNOWS, I HAVE “VERY POWERFUL ALTERNATIVE” TRUMP SAYS HE WILL SIGN BILL TO OPEN GOVERNMENT FOR 3 WEEKS … Read more

YouTube to curb conspiracy theory video recommendations

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by Orangutan   Censorship there, here, and everywhere. This trend will continue to whatever degree is necessary to keep control over the population. Frank Zappa had a quote on this about the curtain being pulled away. I don’t know what alternative venues need to be utilized but archiving of any documentaries and resources were considered the … Read more

The Unprofitably Incompetent

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Those who can’t do, demand. by Robert Gore at Straight Line Logic Profit propels civilization. When a producer can make an item or provide a service at a cost lower than a customer values that item or service, and the customer has the means and the freedom to buy, the difference between what’s paid over cost is … Read more

Clearing Out A Walmart Then Reselling It On Amazon Can Make You Millions

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Authored by Ian Lecklitner of MEL Magazine Turns out, clearing out a Target or Walmart, then reselling it all on Amazon, can make you enough money to pay off your house. On one of my more recent voyages down a YouTube wormhole, I was introduced to a suspiciously profitable practice called retail arbitrage. The concept is fairly simple: You … Read more

Bank of England denies Maduro’s request to withdrawal $1.2 billion in Venezuelan gold

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Nicolas Maduro’s embattled Venezuelan regime, desperate to hold onto the dwindling cash pile it has abroad, was stymied in its bid to pull $1.2 billion worth of gold out of the Bank of England, according to people familiar with the matter. The Bank of England’s decision to deny Maduro officials’ withdrawal request comes after top … Read more

Gasoline Overproduction Leads To Negative Margins

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By Irina Slav Excess supply of gasoline coupled with slow demand has pressured refiners margins, Reuters reports, noting refining margins for the fuel in the United States sank to US$45.70 a barrel yesterday. The drop follows the fourth weekly increase in gasoline inventories in the U.S., all of them quite hefty, leading to an all-time high … Read more

Chinese Internet Searches Signal a Weakening Economy

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BY JOHN MAULDIN There’s no end in sight to the trade war between the US and China. Beijing has many tricks up its sleeve. But China’s labor market has its own dynamic. The first signs of Chinese economic weakness are showing up. A Deteriorating Job Market From my friends at Gavekal Dragonomics, written by Ernan Cui: China’s … Read more

U.S. Debt Worries Fed Chairman Powell – Fears May Be Confirmed in March

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From Birch Gold Group As we enter 2019, the U.S. national debt continues to grow, approaching $22 trillion with global Government debt sitting at $72 trillion. It seems like the 21st century is hitting the U.S. with a debt “haymaker,” according to CNBC (emphasis ours): U.S. debt began accelerating at the turn of the 21st century. The total jumped 85 percent … Read more

In the Deep Mid-Winter

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via Jim Kunstler Ill winds sweep across the fruited plain in the cruel heart of winter. America can resolve nothing. The state-of-the-union is a kind of hysterical nausea, and the nation hunkers into its crib of toxic diverse identities waiting for history to bitch-slap it back on its feet. History’s big sister, Reality, stands by, witnessing all. Spring… … Read more

COPPER INDUSTRY CARNAGE: The Worst Is Yet To Come

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BY SRSROCCO The second largest copper mining company in the world saw its stock price plummet by nearly 15% today due to poor earnings.  Freeport-McMoRan’s fourth-quarter net income fell nearly 90% compared to the same period last year.  The large decline in net income was attributed to falling production, due to scheduled maintenance, and lower … Read more