by Charles Hugh-Smith The Paris elites and their enablers may find that the next general strike won’t immobilize Paris, it will strangle Paris from the periphery. Eleven months ago, I posited in The Ghosts of 1968 (2/14/18) that the idealistic hope that mass demonstrations could trigger real reform had expired. The mass demonstrations of the gilets jaunes (yellow vests) in … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The US Treasury yield curve is having some bad-hair days. It is overall flat-ish, but within this description, it is steepening at the short end, sagging in the middle, and steepening at the long end. And all of it, from the one-month yield on up, is above the rate of inflation … Read more
Shifting bad consumer & business debts from banks to the public, but the way this bank bailout got packaged is pretty nifty. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Turkish President Recep Tayyip Erdoğan has launched a raft of measures ostensibly designed to reanimate the economy, including offering direct financial support for people … Read more
by John Ward In the light of tonight’s unprecedented Parliamentary humiliation of the Prime Minister, it seems to me – if she really does respect the Constitution – that she has no alternative but to resign. However, the media have declared our current crisis so special, she needn’t do so. This is dangerous tosh. What we … Read more
by DCG Last time I visited Washington I didn’t see any money growing on trees. It’s most likely that property owners will be footing the bill for this “free” program. FYI: The governor is mulling a 2020 presidential run. And as you know, FREE STUFF always gets votes… From MyNorthwest.com: Washington Governor Jay Inslee unveiled plans Friday to provide … Read more
by DCG Make no mistake about this gun grab: This demoRAT governor is leading the fight to take away your guns in Virginia. From Fox News: The plan to ban the sale and possession of certain kinds of firearms proposed by Virginia governor Ralph Northam (D.) could affect millions of gun owners, an industry group said on Friday. The … Read more
by Troy With the yield curve inverting and the economy in the late-stages of its expansion, financial conditions will tighten over the next few quarters. This is not yet a long term bearish sign for stocks, but will be very soon. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s … Read more
by Ryan McMaken via Mises Wire Whether its CNBC, or The New York Times, or NPR, the mainstream media is clearly committed to using the current partial government shutdown to portray federal workers as beleaguered victims of the American political system. But, in all cases I’ve encountered, these reports neglect to mention that on average, civilian federal workers make … Read more
by Raúl Ilargi Meijer Johannes Vermeer The soldier and the laughing girl 1657 There will be elections for the European Parliament on May 23-26 2019. They will likely change the face of Europe more than anything has done since the EU was founded. That is not some wild prediction. Many European countries have held elections since the … Read more
TRUMP TRIGGERS THE LEFTIST FOOD SCOLDS: President Trump [yesterday] hosted the Clemson Tigers NCAA football championship team, and served them fast foodin the Oval Office. Trump really is a genius, because faster than you can say C. Everett Koop, a leftist was triggered. In this case it is David Roberts of Grist and Vox, who writes some really excellent … Read more
by Simon Black Grab your wallets. Bill de Blasio, the Mayor of New York City, may be lining up a presidential run. And in his State of the City speech last Thursday, he gave us a peak of what the future could have in store… “Here’s the truth. Brothers and sisters, there’s plenty of money in … Read more
You should have voted for Marie LePen when you had the chance. https://youtu.be/T3u_UPVGt9E A fireman who joined France’s Yellow Vest protest movement is in a coma after being shot in the head ‘like a rabbit’ by a police officer using a controversial flash ball gun. Horrific images show Olivier Beziade, a father-of-three in his … Read more
Here is today’s articles mentioned in this news update: 1. Zimbabwe protests turn violent after fuel prices more than double https://amp.cnn.com/cnn/2019/01/14/africa/zimbabwe-fuel-protests-intl/index.html 2. Print Email Facebook Twitter More Zimbabwe protests turn deadly after petrol prices become most expensive in the world https://www.abc.net.au/news/2019-01-15/zimbabwe-protests-turn-deadly-after-fuel-price-hike/10717892 3. Most expensive gasoline in the world, liter https://www.globalpetrolprices.com/gasoline_prices/World-top10/
by Michael Snyder The borrower is the servant of the lender, and one of the primary ways that the elite keep the rest of us subjugated is through the $244,000,000,000,000 mountain of global debt that has been accumulated. Every single day, the benefits of our labor are going to enrich somebody else. A portion of the … Read more
https://www.youtube.com/watch?v=OVivvQtkUWk
https://www.youtube.com/watch?v=EfOApBnB3wE “You Don’t Know The Facts” Hirono Calls Trump A Liar Then William Barr Makes Her Instantly Regret It Today William Barr Hearing took place during which William Barr testify, this took place in senate judiciary committee, where William Barr testimony took place, this is news in politics from William barr senate hearing this is … Read more
by Jesse British PM Theresa May’s Brexit proposal went down to an historic defeat in Parliament today. There will be a no confidence vot tomorrow but that seems largely perfunctory. No one wishes to sit in that hot seat, and there is a remarkable lack of popular counter-proposals to her plan. There will be additional … Read more
via YAHOO: NEW YORK (AP) — Facebook says it is investing $300 million over the next three years in news initiatives, with a focus on local news partnerships and other programs. The money will go toward reporting grants for local newsrooms, expanding Facebook’s program to help local newsrooms with subscription business models and investing in … Read more
via Bloomberg: It may be tiresome to read day in and day out, but everything seemed to stall the second the S&P 500 came within a couple of points from touching the ~2,600 resistance line. The brakes aren’t strictly being pumped on the post-Christmas rally — it’s also the volumes: Aside from that Christmas Eve … Read more
via Bloomberg: The Vanguard Group holds about $415 million of municipal bonds issued on behalf of PG&E Corp., about half of the $920 million state and local debt sold for the California utility that’s edging toward bankruptcy because of the fallout from devastating wildfires. But all but $2 million of the bonds held by Vanguard are backed … Read more