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Federal shutdown begins after lawmakers fail to reach deal WASHINGTON (AP) — A partial federal shutdown took hold early Saturday after Democrats refused to meet President Donald Trump’s demands for $5 billion to start erecting his cherished Mexican border wall, a chaotic postscript for Republicans in the waning days of their two-year reign controlling government. … Read more
White House negotiators left the Capitol late Friday, and the House and Senate adjourned without a spending deal, ensuring a partial government shutdown at midnight with President Donald Trump demanding billions of dollars for his long-promised Mexican border wall. Trump’s top envoys were straining to broker a last-minute compromise with Democrats and some of their … Read more
Zuckerberg is zuck’d: http://archive.is/wZOSt
by Michael Snyder Just when you thought that things couldn’t get any worse, they did. During normal times, a Friday before Christmas is an extremely boring trading session, but these are not normal times. On Friday, the Dow Jones Industrial Average was down another 414 points, and that brought the total drop for the week to … Read more
https://www.youtube.com/watch?v=eq97iII0QgI Dec. 21, 2018 – Mary Greeley News – The long, dark nights of winter are about to get a little brighter. This Friday, Dec. 21, is the winter solstice, our shortest day and longest night of the year. Starting this weekend, the sun will be up for a few seconds longer each day as … Read more
President Trump is perhaps the best troll ever to roam the internet. And he loves it. He also loves needling Rep. Nancy Pelosi, who’s about to be Trump’s best friend in the 2020 election (after she takes over as House Speaker in January). On Thursday, after the House voted to add $5.7 billion for security … Read more
The government is jerking off in the corner over a $5 billion dollar check for Trump when Obama got an $831 Billion Dollar check from the stimulus program and did little more than replace the light bulbs at the L.A. Courthouse WTF? h/t RonBananas
by Dr. Eowyn Johnson & Johnson (J&J) is an American multinational medical devices, pharmaceutical and consumer packaged goods manufacturing company founded in 1886. With worldwide sales of $70.1 billion in 2015, J&J is headquartered in New Brunswick, NJ, and includes some 250 subsidiary companies with operations in 60 countries and products sold in over 175 countries. … Read more
by DCG Another day, another story of a homeless person in Seattle receiving a free pass from the bureaucrats… Seattle has a homeless crisis that is exasperated by the fact that the bureaucrats do not enforce laws related to loitering, trespassing, public defecation, drug use and prostitution. Read about the many stories I’ve posted about … Read more
via visualcapitalist: The Chart of the Week is a weekly Visual Capitalist feature on Fridays. The tech boom is here, and it’s heating up. Over the past decade, the tech industry has created more than 1 million jobs across the United States. Between 2010 and 2017, tech-related job growth averaged 6% – more than four times the national … Read more
by David Haggith This ain’t no ballgame. This bear has shown up for blood, not sport. The Nasdaq intraday hit the 20% down mark that is widely regarded as qualifying for a change from a bull market to a bear market. A close at that level would have made it as official as a declaration of … Read more
by WARREN MOSLER Rail Week Ending 15 December 2018: Economically Intuitive Sectors Continue In Contraction Written by Steven Hansen Week 50 of 2018 shows same week total rail traffic (from same week one year ago) improved according to the Association of American Railroads (AAR) traffic data. The economically intuitive sectors were in contraction this week. … Read more
by Harry Dent of Economy & Markets Markets have had support at around 2,530 on the S&P 500 and 23,300 on the Dow. Those were the early 2018 low off the last market crash. And they’ve broken through those levels. But they still have dropped to levels that definitively say the crash has started. So, I’ve been tracking the … Read more
by Martin Armstrong France is now preparing to use chemical weapons against its own citizens around Paris to counter-attack the Yellow Vest rioters as their anti-Macron protests continue after 5 weeks. This chemical is a debilitating powder that can be spread over an entire area of the size of six football fields in ten seconds. So far, the police have … Read more
This is blowing my mind…. im slowly watching my state fall apart. https://www.youtube.com/watch?v=Dzcc6S3DTE0 CH
From Bloomberg: For the first time in more than a decade, palladium is rivaling gold in value. A key component in pollution-control devices for cars and trucks, the metal’s price has surged as much as 50% in about four months, making it at times more expensive than gold. The rally shows few signs of fizzling. 1. … Read more
by Martin Armstrong QUESTION: Hello, Since the Fed ‘created’ ‘money’ after 2008 that was then deposited back at the Fed by the recipient banks ( say,75% of it), it is not easy to see why the Fed is to blame for the credit explosion since 2008- nor for the very slow ( like a paralytic centipede) … Read more
by Martin Armstrong I have been warning that raising taxes is DEFLATIONARY because you are reducing the net disposable income. Governments simply cannot get that through their head. In Romania where protests over political corruption have been unfolding, the government revealed its plan to try to comply with EU austerity raising they hope 10 billion lei ($2.5 billion … Read more
by DCG Mayor Catherine Pugh: “We want your guns” From Fox News: A woman in Baltimore is using the city’s gun buyback program, not to get firearms off the street but to upgrade to a better weapon. On Monday, the city’s Police Department paid gun owners anywhere from $25 to $500 for their unwanted firearms and magazines … Read more
RT, Released on 12/20/18 Larry and former Rep. Ron Paul (R-TX) discuss Paul’s warning of an impending market meltdown, and his take on removing U.S. troops from Syria. Then, Larry and the political panel take on Facebook’s privacy policies. Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president … Read more