And does trump say “Get me outta here” at the 15 second mark? #Argentina’s President Mauricio #Macri was left alone on stage on Friday (November 30), amid a misunderstanding with U.S. President Donald #Trump which saw the American walk away during a photograph opportunity. Both leaders were shown shaking hands in front of photographers before … Read more
by Thinker In 2011, Mike Maloney was lucky enough to interview Congressman Ron Paul, the politician who ran for president of the United States three times. On his third time around, the mainstream media treated him the way they did Donald Trump and there were media blackouts on the biggest events. Like the current POTUS, … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is not exactly slow motion anymore. In Greater Sydney, Australia’s largest housing market, the housing bust, after a terrific housing bubble, is gaining momentum. In November, according to the CoreLogic Daily Home Value Index: Prices of single-family houses dropped 9.2% year-over-year. Prices of “units” (condos) fell 5.5%; Prices of all types of … Read more
by Egon von Greyerz Both Western and Eastern central banks are now fully supporting gold. Precious metals investors can with total confidence buy and hold physical gold, silver and platinum in the firm knowledge that central banks both in the West and the East will by their actions guarantee that the price can only go up. … Read more
ECRI Recession Alert in Negative territory 🔻-4Indicates Recession or a Plunge on track> pic.twitter.com/VPVVS9OMgO — Antonio Pérez-Algás (@apanalis) November 30, 2018 📌Margin Debt and S&PTop this time? or not? Without a severe Decline?Amazing pic.twitter.com/JHWarCpMcb — Antonio Pérez-Algás (@apanalis) November 30, 2018 🧐US Yield Curve on a brink to reach the goal: be Inverted (2Y5Y 2Y10Y) … Read more
SPX stops are hit, Bulls have the bag now. DJT must deliver or there will be a blood bath on Sunday night pic.twitter.com/D4BsxZXIKy — xTrends (@xtrends) November 30, 2018 Speaking of bear markets, here is what SKEW index tells us about it. pic.twitter.com/YSPKG6ecPQ — xTrends (@xtrends) November 30, 2018 https://twitter.com/magotrader/status/1068648540375789568 🧐No much progress for the … Read more
by John Adams from Adams Economics In the past week, economist and former political advisor John Adams visited Australia’s Federal Parliament to speak to politicians about how sick the Australian economy is and how this will result in a devastating Economic Armageddon. John Adams told the politicians that it is better, and in the national interest, if they … Read more
This article was written by Dave Kranzler and originally published at Investment Research Dynamics Will GE be the proverbial “black swan?” – It had come to my attention that General Electric was locked out of the commercial paper market three weeks ago after Moody’s downgraded GE’s short term credit rating to a ratings level (P-2) that … Read more
What could ever go wrong? via Reddit: Greetings, r/Libertarian! I want to let you know about an experiment we’re launching in r/Libertarian today. It’s a governance tool based on reputation, as a more federated way to make community decisions. Introducing… Community Points and Polls! The magic of Reddit happens when users have the space and control to be … Read more
by DCG Streets of Sacramento… Liberal utopia of Sacramento… Progressive-run west coast cities have become a magnet for the homeless. The demorats encourage illegal and disgusting behaviors by not enforcing laws. The bureaucrats do nothing to actually solve their homeless problems; they just react to the situations they helped create. See the following: Liberal utopia … Read more
By Harry Dent I just got back from Australia… A five-city tour: Sydney, Perth, Melbourne, Adelaide, Brisbane… I was gone for 11 days… eight on the ground. And man! What a trip. Never mind the endless travelling or the horrific jetlag… This was one of my best tours yet; and a particularly unusual one because … Read more
NYT: GE, Tesla, Snapchat, under accounting investigations Companies that lag their peers sometimes cut accounting corners to make themselves appear stronger than they really are. But is the risk of getting caught worth it? The recent news that the Justice Department and Securities and Exchange Commission are looking at the accounting and disclosures of General … Read more
by Dennis Miller The Federal Reserve is raising interest rates. Higher rates = higher monthly payments = more defaults. Who will get stuck with bad loans? Wolf Street recently interviewed Mike Jackson, CEO of AutoNation, the largest auto retailer in the country: “We knew ‘free money would inevitably end. Affordability would become an issue…’ The double whammy are … Read more
via CNBC: In recent months, the benchmark fed funds rate has drifted in line with the interest on excess reserves, which the Fed uses as a guidepost for the funds level. Fed Chairman Jerome Powell said the committee may have to approve a 20 basis point hike in the IOER rate to try to hold … Read more
by Thinker My friends we may see justice soon. Emily Birnbaum for the Hill reports, President Trump on Wednesday morning shared an image calling for his opponents to face trial for “treason,” with many of them behind bars. THEY FAKED”EVERYTHIN!” JUST LIKE TRUMP HAS BEEN SAYING! https://youtu.be/ZacYZ_U4j3Y “You Are Just A TV Guy!” Fmr. Security … Read more
If you’ve never heard of this group, that’s probably because it appears to be another left-wing hit-and-run smear machine. This one is aimed at the Alliance Defending Freedom (ADF), the evangelical legal defense group that has won nine Supreme Court cases in its work on behalf of the First Amendment. The most recent of those … Read more
by Kenneth Boyd of CPA Accounting Institute for Success It’s no secret that tax law in the United States is extremely confusing. Even the length of the official tax code is subject to wild speculation; people estimate it to be somewhere between 2,500 pages and four times the length of the complete written works of Shakespeare. … Read more
Three Senior Executives at Defense Contracting Firms Charged with Scheme to Defraud the U.S. Military in Connection with $8 Billion Troop Supply Contract and with Violating the Iran Sanctions Regime “Three men were charged in an indictment returned Nov. 27 for their roles in a scheme to defraud U.S. Military contracts in Afghanistan, engaging in … Read more
Honeywell International, Inc. confirmed Friday it is moving its corporate headquarters from Morris Plains to Charlotte, North Carolina, but that most jobs — at least for now — will remain in New Jersey. The planned relocation comes just three years after the company received a $40 million tax credit to keep its headquarters in New Jersey, in … Read more
by Fabius Maximus Summary: By now most Americans see the need for drastic political reform in America. This post explains why nothing happens (the usual stories are wrong), and how we can take the first step to fixing the Republic. It’s not what you expect. “If ye love wealth better than liberty, the tranquility of servitude … Read more