Rep. Mo Brooks (R-AL) suggested on Sunday that the Democrats do not want to secure the southern border because they want to change the voting electorate in the U.S. through immigration. “It is a very tough position that the Democrats have put us in,” Brooks began. “On the one hand you have got thousands of … Read more
by Leading_Breath Awhile back I asked why Georgetown is attended by so many young elite. It tops this list I am still confused as to why it is such an important university. Am I wrong to assume Ivy League Universities are for “plebs” and the real elite attend other institutions? than again Malia Obama is … Read more
Sargon of Akkad was banned from Patreon. It seems like Patreon wants to blame the payment processors Paypal and Stripe for the ban without directly throwing them under the bus and hurting their business partnership. h/t salvia_d
The Fed just exposed why they are against cryptocurrency, it has nothing to do with criminals using it, it has to do with the decentralization, they don’t like that part of it, because if you remove decentralization and try to centralize it, it will not work in the world. The Fed is a disaster for … Read more
by TFittonJW Never seen anything like it:
by Orangutan More tax money going to elected officials. Alabama this time. What could this society’s potential be with a lot less of this corruption, theft and greed. via theweek: Sheriff Todd Entrekin of Etowah County, Alabama, lost his re-election bid this year after he was found to have personally pocketed $750,000 allotted for feeding inmates in county … Read more
BY SRSROCCO If history is our guide, we are on track for a severe market meltdown in 2019. While the U.S. broader indexes remained in record territory for most of 2018, December turned out to be a complete disaster for stocks. So, even though the markets have reversed higher from their Christmas Eve lows, this … Read more
via Money Metals: It’s amazing what passes as a market these days. Stocks rallied during the Christmas week, and the mainstream financial press would like you to believe bargain hunters swooped in after the weeks of heavy selling to grab some deals. The truth is there are very few actual people still evaluating the merits of … Read more
Plastic waste inputs from land intothe ocean – Science Magazine This isn’t shocking. Look up the carbon output of China alone. Leftists want to save the world but don’t even know who they’re fighting against. Sad! h/t afriendlyalt
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter So, how hot is the Chinese Renminbi? And is the euro dead yet? The US dollar’s role as global reserve currency is defined by the amounts of US dollar-denominated assets – US Treasury securities, corporate bonds, etc. – that central banks other than the Fed are holding in their foreign exchange … Read more
by Charles Hugh-Smith The story of the 21st century is debt is soaring while earned income is stagnating for the bottom 95%. Best wishes to all my readers and correspondents for a safe, healthy and productive 2019. Thank you, longstanding supporters, for renewing your financial support at the new year without any pathetic begging on my … Read more
The stock market has been on a wild ride since October as the nearly two-year streak of new records has come to screeching halt. In its place, we have been treated to a healthy (or is it unhealthy?) dose of volatility. For some, this has meant that their 401k accounts have given back many … Read more
by Michael Snyder Now that the year is finally over, we can officially say that 2018 was the worst year for stocks in an entire decade. Not since the last financial crisis have we had a year like this, and many believe that 2019 will be even worse. And of course the truth is that stocks … Read more
by Lance Roberts The biggest problem for investors is always the bull market itself. When the “bull is running” we believe we are smarter and better than we actually are. We take on substantially more risk than we realize as we continue to chase market returns and allow “greed” to displace our rational logic. Just as with gambling, success breeds overconfidence … Read more
Stocks Post Worst Year In Decade… Wall Street concluded a tumultuous 2018 on Monday as the major stock indexes posted their worst yearly performances since the financial crisis. After solid gains on Monday, the S&P 500 and Dow Jones Industrial Average were down 6.2 percent and 5.6 percent, respectively, for 2018. Both indexes logged in their biggest annual losses … Read more
Watch the latest video at foxnews.com House Republicans unceremoniously ended their investigation into the way the FBI and the Department of Justice handled Hillary Clinton’s email scandal and the bias allegations against President Trump. The House probe was led by the House Oversight and Government Reform Committee and the Judiciary Committee and sought to look … Read more
by Graham Summers of Gains, Pains & Capital Last week’s rally was the result of multiple interventions. “Someone” took advantage of the extremely light holiday volume to ramp markets higher via indiscriminant buying. The media is trying to portray this action as the result of “investors” or “value seekers” but neither of those groups was involved. This was … Read more
via theblockcrypto: List of concrete predictions Name Position Prediction for 2018 Date of prediction Pierre Rochard Founder of Bitcoin Advisory $100,000+ December 6, 2017 Ronnie Moas Founder of Standpoint Research $28,000 December 21, 2017 Julian Hosp Co-Founder and President at TenX $5,000 and $60,000 December 26, 2017 John Pfeffer Partner at Pfeffer Capital $75,000 January 9 … Read more
by Ron Paul of Ron Paul Liberty Report It’s been reported that (just) the interest payments on the U.S. government’s debt will be larger than Medicaid in less than 2 years, and larger than the military budget in 6 years. The math is finally catching up with the big government. Supply & Demand is finally catching up to … Read more
via Danielle Park “We are in a bear market, and a bear market is not just going to end in a couple of months considering the ten years of a bull market,” the chief investment officer at Bleakley Advisory Group said Thursday on “Futures Now. ” Boockvar, also a CNBC contributor, acknowledged the market has been … Read more