Government Shutdown Stops Nasty Housing Data in its Tracks

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Homebuilders, a bedraggled bunch recently, breathe a sigh of relief, but get crushed anyway. “NOTICE: Due to a lapse in federal funding this website is not being updated,” the Commerce Department’s website says currently on the page where the Census Bureau would have published this morning’s data for new-home sales, inventory, … Read more

Widespread flu outbreaks reported… Virus sending infants to intensive care

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Widespread flu activity across the country NEW YORK (FOX 5 NY) – Federal authorities are reporting widespread flu activity across the country and two states with especially high levels. Colorado and Georgia were singled out for high rates of influenza-like illnesses reported. New York City and nine states (Alabama, Arizona, Arkansas, Kentucky, Louisiana, Missouri, New Jersey, … Read more

Danielle Park – Markets Finally Head South

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from Financial Survival Network Danielle Park notes that it’s been a long time coming, but at long last the stock markets are heading downward. What seemed like an impossibility just a few short months ago has now become a stark new reality. Danielle believes that it could keep on tumbling until it reverts to the mean. Pity … Read more

You might have thought California could at least get this one thing right, but no.

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BECAUSE GOVERNMENT: One year of legal pot sales and California doesn’t have the bustling industry it expected. Here’s why. As the first year of licensed sales comes to a close, California’s legal market hasn’t performed as state officials and the cannabis industry had hoped. Retailers and growers say they’ve been stunted by complex regulations, high taxes … Read more

The clock is ticking: Sears may be down to its last 24 hours. Iconic retailer likely liquidates if no bid comes in tomorrow.

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Sears could face liquidation within 24 hours from CNBC. via CNBC: The employer of more than 68,000 filed for bankruptcy in October. Its last shot at survival is a $4.6 billion proposal put forward by its chairman, Eddie Lampert, to buy the company out of bankruptcy through his hedge fund, ESL Investments. ESL is the … Read more

CNN’s Blitzer Claims Democrats Support Border Security. Stephen Miller Humiliates Him.

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Ryan Saavedra for the Daily Wire reports, Senior Trump administration adviser Stephen Miller humiliated CNN’s Wolf Blitzer on Thursday night after Blitzer claimed without evidence that “Democrats support border security.” https://www.youtube.com/watch?v=QeVoPWQ_6EM Read More/Source/Credit/FairUse: https://www.dailywire.com/news/39581/… Senior Trump administration adviser Stephen Miller humiliated CNN’s Wolf Blitzer on Thursday night after Blitzer claimed without evidence that “Democrats support … Read more

2019: Zombie Markets Before The Fall

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by Raúl Ilargi Meijer Francis Tattegrain La ramasseuse d’épaves (The Beachcomber) 1880  I haven’t really written about finance since April of this year, and given recent fluctuations in what people persist in calling the markets, maybe it’s time. Then again, nothing has changed since that article in April entitled This Is Not A Market. I was right then, … Read more

5 most viewed Campus Reform videos of 2018

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Via Campus Reform Campus Reform rounded up the five most viewed Campus Reform videos of 2018. While students had a lot to say on various issues, they didn’t always offer a lot of knowledge on those issues. In 2018, Campus Reform videos received millions of views across social media and right here on CampusReform.org. From January to December, Campus … Read more

To serve and protect? Slain Utah athlete repeatedly called school, Salt Lake City police about harasser

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by DCG A primate example of why you cannot rely on anyone but yourself for your personal safety. A good reason to believe in the Second Amendment and exercise that right. From Yahoo: Lauren McCluskey, the 21-year-old Utah track athlete who was abducted outside her Salt Lake City dorm and killed in October, had called both University … Read more

Universal basic income had a rough year

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Some of the biggest and most promising experiments were plagued by delays and shutdowns. From the MIT Technology Review: Silicon Valley loves the idea of universal basic income. Many in the tech elites tout it as the answer to job losses caused by automation, if only people would give it a chance. The idea is that … Read more

Could the 38 Billion given to Israel by the US be used to feed, cloth and shelter America’s 500,000 homeless?

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by zenmasterzen3 Could the 38 Billion given to Israel by the US be used to feed, cloth and shelter America’s 500,000 homeless? 38 * 1000 * 106 / (500000) = 76,000 So yeah that’s enough for food and shelter and probably a car and a overseas holiday. Is there something wrong with my math? edit: it’s … Read more

China Shocks Market With New Regulations, Little Known Metal Vanadium Skyrockets In Price

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from Zero Hedge The global scramble for a little known metal called vanadium is officially underway. The metal, which when used in small amounts can help strengthen steel significantly, is in high demand following new Chinese regulations on infrastructure and buildings. The new rules, which came as a result of a 2008 earthquake that devastated part of … Read more

Bill Holter: The Breakdown Of Our Financial System Isn’t A Possibility…It’s A Mathematical Certainty

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Bill Holter interviewed by James Howard Kunstler on KunstlerCast Bill Holter joins the KunstlerCast for an up-to-date and hard-hitting interview on the current state of the economy. Think the breakdown of our financial system is a possibility? Bill Holter says it’s not a possibility but a mathematical certainty. Don’t miss this important update for all the latest economic and … Read more