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Black Friday did not go well for the brick and mortar stores, traffic way down. GM is closing plants and laying off many people. The IMF signals the rest of the central banks to push their own cryptocurrencies. This is their electronic currency that they want to control this is why you have seen Bitcoin … Read more
by John Ward My Deal by Theresa & the Temptations. I bring sunshine in a cloudy way cos it’s cold outside so it’s better if we stay And so I say “It’s my deal or just no way – My Deal my deal my deal Talkin’ ’bout May Deeeeeeealll” ———————- Gave them so much money beyond … Read more
https://www.nytimes.com/2018/01/19/us/california-today-100-million-dead-trees-prompt-fears-of-giant-wildfires.html h/t KOS
Romney Was Right, the GM Bailout Goes Bust, and Taxpayers Pay the Price. “Let Detroit go bankrupt,” former presidential candidate Mitt Romney wrote in 2008, arguing that the federal government should not bail out the failing domestic auto industry for their poor management decisions. Vilified for turning his back on America’s autoworkers, Romney lost the argument, … Read more
via henrymakow: In a New York Times interview Dec. 6, 1921, Thomas Edison advocated financing the proposed Muscles Shoals Dam by issuing currency instead of debt (bonds.) They are identical promises to pay, but currency does not incur debt or interest. Thus Edison exposed the whole central banking fraud which holds humanity in bondage. Politicians, corporations, professors all shill … Read more
National Concealed Handgun Carry Reciprocity – Last Chance to Act Ammoland Inc. Posted on November 26, 2018 by Ammoland Let Senator Mitch McConnell know you the Concealed Carry Reciprocity Act of 2017 bill passed. New York – -(AmmoLand.com)- Concealed handgun carry reciprocity is about to die. It is about to die through deliberate inaction or … Read more
This was back in Feb 2017. “Habib come to the party!” h/t duFontaine
Watch the latest video at foxnews.com Democrats are expressing outrage that U.S. border agents on Sunday shot rounds of tear gas at caravan migrants who threw rocks at law enforcement while trying to breach the U.S.-Mexico border. But critics hammering the Trump administration are glossing over a similar episode that occurred under then-President Barack Obama. … Read more
from Financial Survival Network John Rubino is asking, is it time to short everything? … Well maybe not, but maybe yes. Even though the market is up today, odds are according to John that it won’t stay there. Gold and silver should be the beneficiaries of the market gyrations, eventually. John doesn’t know when, but he knows … Read more
via CNBC: People don’t want to call it a bear market. But what do they need?” CNBC’s Jim Cramer asks, rhetorically. “I have tremendous contempt for this market, because every time you try to make money with it, it cuts your heart out. That’s a bear market,” he argues. After tanking nearly 3.8 percent last … Read more
via politico: “Twitter’s gone crazy banning people on the right, so I’ve deactivated my Twitter account,” he wrote in his Instapundit blog on Sunday night. Calling Twitter “the most socially destructive of the various platforms,” Reynolds accused the “crappy SJW types” – social justice warriors – who run it of breaking promises to users and stifling … Read more
By Harry Dent Have I mentioned that this bubble in stocks – the one that most economists and analysts still claim “is not a bubble” – is now the greatest by far in its numerical advance, its percentage gains, and time frame? You’re damn right I have! I’m broadcasting the warning far and wide, to any who … Read more
Lawmakers Post Photo of Empty Seat After Zuckerberg Fails to Turn Up (Bloomberg) — Lawmakers from Britain and other nations tore into a Facebook Inc. executive after the company’s decision not to send founder and CEO Mark Zuckerberg to testify at a hearing. The Department of Digital, Culture, Media and Sport tweeted an image of an empty chair … Read more
The nominee to replace Kavanaugh, Neomi Rao, once used dwarf tossing to explain dignity vs. government coercion. Her argument is formidable, but her opponents treat it like she just likes dwarf tossing. Writing in The Volokh Conspiracy in 2011, Rao discussed the predicament of a man named Mr. Wackenheim. By her description, Wackenheim was a dwarf living … Read more
STEVE SCALISE: No forgiveness for shooter, Trump ‘motivated’ recovery. Rep. Steve Scalise is a good Catholic who won the prayers of many church leaders as he recovered from a bullet fired by an angry liberal while he and his Republican baseball team practiced in June 2017. “God was there on that ball field and he performed … Read more
via calculatedriskblog: From Merrill Lynch: We look for 3Q GDP growth to be revised slightly lower to 3.4% qoq saar in the second release next week. We continue to track 2.7% for 4Q. [Nov 21 estimate]. emphasis added From Goldman Sachs: [W]e lowered our Q4 GDP tracking estimate by one tenth to +2.4% (qoq ar) [Nov 21 estimate] And from … Read more
We’re close to neutral! Or not! But we might raise! Or not! “The Federal Reserve’s Vice Chairman Richard Clarida has recently crossed the wires arguing that gradual rate hikes were appropriate ‘as data shows the way to neutral policy stance.” via fxstreet: The Federal Reserve’s Vice Chairman Richard Clarida has recently crossed the wires arguing that gradual … Read more
by Chris I think the new intern manning the Buy button for the Fed must have held it down for too long? If you look carefully, you can see that the intern must have nodded off because the unthinkable occurred from 2:00 to 2:20 a.m. the “”market”” fell a tiny bit! Unpossible! Maybe they were … Read more
The U.S. Housing Boom Is Coming to an End, Starting in Dallas Home prices zoomed higher in recent years, and mortgage rates are climbing. Buyers are queasy. PLANO, Texas—A half-hour drive straight north from downtown Dallas sits one of the fastest-growing counties in the country. Cotton fields have been replaced with Toyota’s new North American … Read more
by ogordained UNITED STATES GM is laying off 14,300 employees and closing seven factories The car industry is changing, all the top selling sedans in America are Japanese (Camry, Civic, Accord, Corolla, Altima, and Sentry) US auto factories have extra capacity in excess of 3.2 million vehicles, meaning more factory closures are likely Ford will be cutting back production to just two … Read more