Ouch: CNN ‘Fact-Check’ on Trump Crushed After DHS Provides Actual Facts on Terrorists

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via newsbusters.org: CNN’s Jim Sciutto was one of the many journalists this week who attacked President Trump’s comments about border security during his meeting with Nancy Pelosi and Chuck Schumer Tuesday. Sciutto even did a whole segment “fact-checking” the president on Wednesday’s CNN Newsroom. Unfortunately for him, actual experts from the Department of Homeland Security (DHS) called out his reporting … Read more

The Brewing European Debt Crisis

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by Martin Armstrong Macron is pushing for the European Finance Minister to raise money by selling EU bonds and then distribute the money to the 19-member Eurozone. France is very heavily indebted and here once again we have simply the goal to raise more money rather than reform. Because of the riots in France, Macron … Read more

Bill Clinton’s Legacy – Why are most people still under the delusion he was a “good” President?

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by Ian Shilling Bill Clinton, in his Acceptance Speech at the 1992 Democratic Convention, called his Professor at Georgetown Carroll Quigley “a big influence on him.” Maybe you should read what Slick Willy was reading and what he was taught before he became Pres, to understand why he did what he did? Carroll Quigley’s Bibliography https://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Dstripbooks-intl-ship&field-keywords=Carroll+quigley After … Read more

90% of Global Assets are already negative on the year. The Global Reset is well underway.

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This is different from 2016 in so many ways when we were last at this kind of technical level:1) Draghi took proactive coordination off the table today. 2) Fed is already doing QT. Pausing doesn’t stop that. 3) BoJ already blew their bazooka. 4) China fundamentals are weaker. — Paranoid Bull (@paranoidbull) December 14, 2018 … Read more

China adds to the list of slowing economies

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by Shaun Richards   This morning has seen a barrage of economic data released by the National Bureau of Statistics in China. This gives us an opportunity to see if they are catching the economic cold that we have been observing developing amongst us evil western capitalist imperialists. According to the rhetoric things are going … Read more

The stock market fails to rally each day. What’s next for stocks

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The U.S. stock market has been been gapping up on the open and selling off later in the day recently. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by objectively quantifying technical analysis. For reference, here’s the random probability of the U.S. stock market going up on … Read more

THE BIG ONE IN AMERICA’S HEARTLAND

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How likely is an earthquake in the Midwest, South? The Big One could be coming The big earthquake, in the New Madrid (Missouri) Seismic Zone. But don’t start quaking in your running shoes and try to escape to Texas because it’s comparatively geologically stable. Here’s why: In 1971 I heard a very informed discussion of … Read more

Bad news for the networks.

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CHANGE: Number of Streaming Shows Overtakes Basic Cable, Broadcast for First Time. Streaming services snatched their biggest piece of the TV pie ever in 2018. According to FX’s annual report on the number of scripted originals on TV, the number of streaming shows has surpassed the number of basic cable and broadcast shows for the first … Read more

Hillary Lost Whole Election because of $4700 of Ads?

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wow $4700 destroyed the Hillary campaign! https://www.youtube.com/watch?v=pq7RL-P7-QY&feature=share&fbclid=IwAR1BhHORxCNTGQIhC0ZE-_WfWRtLy1cesiWG6CpF0K9kHW5m2UgJE9IFz2A   You can’t make this stuff up. “Does Google now know the full extent to which its online platforms were exploited by Russian actors in the election two years ago?” Rep. Jerry Nadler, a Democrat from New York and ranking member of the House Judiciary Committee, asked the search engine’s chief executive during Tuesday’s hearing. … Read more

Industry Insider Tired Of Being Asked For Forecasts

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by New_Life Tom Lee (who had originally predicted $25k by EOY) is tired of making BTC forecasts.. Funny that… https://www.cnbc.com/2018/12/13/wall-streets-bitcoin-bull-tom-lee-we-are-tired-of-people-asking-us-about-target-prices.html Even as recently as Oct he was saying $25k by EOY was on the table, sobering lesson that a so called expert taking peoples money can be so wrong.  (He previously worked as the chief equity … Read more

U.S. Pastor Buys His Wife A Lamborghini As Pastors In Other Countries Are Beaten And Thrown In Prison

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by Michael Snyder https://youtu.be/sodyRRM4s3g Is it appropriate for a pastor to buy a $200,000 Lamborghini for his wife?  When news came out that Greenville pastor John Gray had given his wife a Lamborghini sports utility vehicle for their eighth anniversary, there was an explosion of outrage.  In response, Gray posted a video in which he unapologetically refused … Read more

US Banks Disclose Biggest Unrealized Losses on Security Investments since Q1 2009: FDIC

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The price of rising interest rates. The FDIC just released the aggregated third-quarter performance metrics of the 5,477 banks and thrifts it insures. The amount of their combined assets ticked up to $17.7 trillion. These assets – mostly loans but also investments of all kinds – include $3.6 trillion in securities (not including … Read more

Beat the Establishment: A Campaign to Relaunch this Site in Time for the Second Great Recession to Prevent Bankster Bailout 2.0

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by David Haggith If we don’t beat the establishment before the next downturn, we’re going to see the same bailouts and money printing we’ve seen before but on a deliriously insane level. This is not me being a permabear. In fact, when the stock market didn’t plunge in the early summer as I predicted it would, … Read more

This Gold Chart Analysis Shows We’re Closer To A SIGNIFICANT Monetary Event

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by Hubert Moolman of HubertMoolman.wordpress.com Previously, I have shown how we could be close to major financial crisis with the monetary system at the center. The following chart that shows the ratio of gold to the monetary base was used: The chart shows the ratio of the gold price to the St. Louis Adjusted Monetary Base back to … Read more