by Michael Snyder It appears to be more likely than ever that the U.S. economy is heading for a recession. On Tuesday, the Dow Jones Industrial Average was down 301 points as investors were rattled by several very important pieces of news. Back in 2008, home sales began to fall precipitously just prior to the … Read more
by Michael Snyder More than anything else, wearing a MAGA hat is a way to publicly identify yourself as a Trump supporter. Of course other politicians have used apparel to promote themselves in the past, but when Donald Trump introduced the red MAGA cap early on in his presidential run, it changed everything. Today, the … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Here’s how a soon-to-be bankrupt company that’ll default on all its debts can still borrow $5.5 billion. PG&E, the largest gas and electric utility in California, announced on January 14 that the holding company, PG&E Corporation, and its regulated utility subsidiary, Pacific Gas and Electric Company, would file for Chapter 11 bankruptcy … Read more
by Charles Hugh-Smith Combine sky-high commercial rents in homogenized, gentrified urban areas and sharp declines in the incomes of the limited populace who can afford gentrified urban areas and what do you get? A number of macro dynamics have set up gentrified urban America for a big fall in the coming recession. What does gentrified mean? … Read more
by sundance Earlier today President Trump noted the evil smears, and aspersions by Fake News, cast against Nick Sandmann and the students of Covington High School. A few hours later Fox News host Laura Ingraham was the first media person to claim that Covington High School students were going to attend a White House event {See Here}. Minutes … Read more
Short video that suggests that the outrage was because these kids showed signs that they were not bound by the PC chains that we are supposed to be in. https://www.youtube.com/watch?v=_9SbMdWDKEM Powerful, powerful powerful. I was deeply disturbed to see how many adults thought it was appropriate to threaten those children with death, simply for standing … Read more
via drmalcolmkendrick: Sometimes you read a thing quickly, and then you have to read it again to make sure you read it right. Yesterday I was sent a copy of a ‘Patient page’ from the Journal of the American Medical Association (JAMA). The page was from the April 3rd 2013 edition, pp 1419. It is stamped ‘JAMA – … Read more
by TFittonJW I get upset a bit here but protecting the Republic is worth yelling about now and again: ICYMI, we’re on top of the FBI conspiracy with Clinton gang: .@JudicialWatch, per usual, is on it — we just sued for records of FBI meetings with Clinton-DNC Law Firm, Perkins Coie in 2016 https://t.co/vF5yUQEBUl https://t.co/ggD3B8Zqj6 … Read more
by sundance The Trump administration has asked the Supreme Court to bypass normal procedures and decide quickly about the status of a 2020 citizenship question on the Census. Citing an emergency rule, Solicitor General Noel Francisco stated “the case is of such imperative public importance as to justify deviation from normal appellate practice and to require … Read more
by Ron Paul of Ron Paul Institute President Trump’s frustration with the Federal Reserve’s (minuscule) interest rate increases that he blames for the downturn in the stock market has reportedly led him to inquire if he has the authority to remove Fed Chairman Jerome Powell. Chairman Powell has stated that he would not comply with a presidential request … Read more
RT, Released on 1/22/19 Video capturing the heartbreaking moment when a two-year-old #toddler got out of her father’s car and walked towards gun-wielding #police when her hands raised spread like wildfire on social media. Immediate reactions to the footage berated the police for “holding the gun at the baby.” #Tallahassee Police were forced to release … Read more
Financial Survival Network, Released on 1/22/19 Danielle was always skeptical of the seemingly perpetual bull market in stocks and in fact wisely advised taking money off the table, to avoid the inevitable down cycle. Today, stocks are retreating from their 50 day moving average, another indication that the bear market has finally arrived. We’ll know … Read more
by Adam Taggart So, did the nauseating last few months of 2018 signal the end of the secular bull market? Or is the rebound that kicked-off 2019 a sign that the uptrend is still intact? Or it is just a dead-cat bounce? Lance Roberts, chief investment strategist and chief editor of Real Investment Advice, returns to … Read more
David Mastio Verified account @DavidMastio Deputy Editorial Page Editor @USATODAY > David Mastio Retweeted David Mastio When it turns out the Covington kids main accuser is a liar, it makes it hard to accept his interpretation of events When it turns out the Covington kids main accuser is a liar, it makes it hard to … Read more
Must be the new Latino poll Trump just hit 50% in Democrats are livid about House Speaker Nancy Pelosi’s continued refusal, on their behalf, to engage in any negotiations with President Donald Trump over his planned wall along the U.S. border with Mexico. Rep. Elissa Slotkin (D-MI), a freshman from Michigan, is publicly urging Pelosi … Read more
C. Douglas Golden for the Conservative Tribune reports, House Speaker Nancy Pelosi said she wanted to postpone or cancel the State of the Union address because she said the Secret Service wouldn’t be ready due to the shutdown. That’s all right, the Secret Service and Department of Homeland Security said, we’re fine. https://www.youtube.com/watch?v=hRup-P2e0_U Read More/Source/Credit/FairUse: … Read more
via Patrick J. Buchanan: “Those who make peaceful revolution impossible … make violent revolution inevitable,” said John F. Kennedy. In 2016, the U.S. and Britain were both witness to peaceful revolutions. The British voted 52-48 to sever ties to the European Union, restore their full sovereignty, declare independence and go their own way in the world. … Read more
by DCG Odds were one against four (or five, depending upon which media outlet you read). That’s why you need an equalizer. From KHOU: Three people are dead and one is recovering after a home invasion in east Houston overnight. Police say four men forced their way into a home on Sherman at 71st around 12:45 a.m. Saturday. Detectives … Read more
https://www.youtube.com/watch?v=Vk6lUiG59vM For More Information See: https://news.grabien.com/story-ocasio… https://www.countable.us/articles/199… https://mashable.com/video/stephen-co…
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But these are still the good times. Don’t blame the December debacle on the partial government shutdown – it “has not had a significant effect on December closings,” the National Association of Realtors explained in its report this morning. The shutdown started too late in December to have much of an impact. But … Read more