Houston school expels student who refused to stand for Pledge of Allegiance

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by Dr. Eowyn USA Today reports, Sept. 28, 2018, that months after Windfern High Schoolin Houston, Texas, expelled senior student India Landry for refusing to stand during the Pledge of Allegiance, her mom, Kizzy Landry, has launched a legal battle against the school, saying her daughter wasn’t able to practice free speech. India, now 18, was sent home last … Read more

Deja Vu in S&P 500 and Florida Elections again?

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via Chris Kimble They say “History doesn’t repeat, but sometimes it rhymes!”  This weeks election results are being contested in Florida, similar to what happened in 2000. In the fall of 2000, the S&P made a nominal new high. Momentum was diverging (creating lower highs) and a bearish-rising wedge was forming. We all know the results once … Read more

The Long-Haul “Low-Cost Carrier” Business Model in a world awash in cheap money.

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By MC01, a frequent commenter on WOLF STREET: In 1967, Icelandic airline Loftleiðir started offering cheap tickets on Transatlantic flights.  Loftleiðir used a lot of what today would be called “funny business practices” to offer such low fares, such as flying the Canadair CL-44, an unsuccessful cargo plane converted into an all-passenger configuration, and not being … Read more

Yet Another Trillion-Dollar Unfunded Liability, California Wildfires Edition

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by John Rubino Yesterday an entire California town burned down. Paridise, CA has (had) 27,000 residents and over 1,000 buildings, and now it’s pretty much gone. A fire started nearby on a windy day and within hours everything was ash and cinders. That fire and several others are still expanding across the state, threatening tens of thousands … Read more

Political Iatrogenics: Why Socialism Doesn’t Work

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by Spencer P Morrison …We wonder—and some Hunter may express Wonder like ours, when thro’ the wilderness Where London stood, holding the Wolf in chase, He meets some fragment huge, and stops to guess What powerful but unrecorded race Once dwelt in that annihilated place. Published in 1818, Horace Smith’s “Ozymandias” imagines a London long-since abandoned—the … Read more

Market Momentum Hits Polar Extremes As Stocks Test Bull Trend

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by Kimble Charting The latest stock market correction and swing lower has seen momentum drop to extreme lows (on a intermediate-term basis). This poses a bit of a conundrum because stocks have been struggling since hitting historic longer-term momentum highs. So what do investors make of this going forward? Let’s look at a couple of four-pack charts. The … Read more

If The Housing Market Is A Leading Economic Indicator… Are Stocks About To Enter A Sustained Bear Market?

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Bear markets: the 1st drop, bounce, and subsequent drop pic.twitter.com/KE0aeF1AV0 — zerohedge (@zerohedge) November 9, 2018 wow -> housing inventory is flooding the market! pic.twitter.com/fREunNN9RZ — Alastair (@StockBoardAsset) November 9, 2018 BofA's Bear market signposts – 11 of 19 (58%) triggered so far — Alastair (@StockBoardAsset) November 9, 2018 The housing market is a leading … Read more

How to Survive the “Deep State”

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by Doug Casey Almost everyone looks for a political solution to problems. However, once a Deep State situation has taken over, only a revolution or a dictatorship can turn it around, and probably only in a small country. Maybe you’re thinking you should get behind somebody like Ron Paul (I didn’t say Rand Paul), should such … Read more

California Shooter Likely Prescribed Drugs by the VA that are Tied to Most Mass Shootings

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via thefreethoughtproject: Thousand Oaks, CA — Another tragic mass shooting has taken place and, as usual, both sides are using it to further their political agenda. As the left blames guns and the right blames mental illness, both sides are completely missing the elephant in the room. If Ian David Long was diagnosed with PTSD, as reported, he was likely prescribed … Read more

Big investors sue 16 banks in U.S. over currency market rigging. Top banks hit with antitrust suit.

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This should be interesting. Every aspect of the economic system was/is being manipulated to prop up the ponzie scheme central bank. Finally some accountability may actually happen.   NEW YORK (Reuters) – A group of large institutional investors including BlackRock Inc and Allianz SE’s Pacific Investment Management Co has sued 16 major banks, accusing them … Read more

Markets around the world are crashing. What not to worry about

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by Troy Financial media’s favorite headline is “here’s why you should be worried”. Blind “worrying” and “concern” is good for their business because it drives pageviews and ad $$$. Certain markets around the world remain in a downtrend right now, namely emerging markets and oil. Instead of “worrying”, let’s look at the facts. Let’s determine … Read more

9% Video Game Tax Starts In 5 Days

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I’m not a gamer, but, I came across this and was baffled. This is called a Entertainment Tax in Chicago (and coming to a State near you). The tax also applies to sporting events, theme parks, and now… video games, and streaming services. Welcome, to the downward spiral of a Marxist/Socialist hellhole, that is the … Read more

It’s Only A War On The First Amendment When Republicans Criticize The Press, Not When Democrats Openly Threaten Arrests For Reporting

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Weird. The Palm Beach elections supervisor threatened to arrest reporters and it’s not a bigger story. #PalmBeachCounty elections supervisor bans media cameras from public ballot counting & threatens them with arrest. How much more will it take to convince skeptics that what is happening in Palm Beach & #BrowardCounty is not a normal elections process? … Read more