Why does everyone say that you can make more money with the cash option over the annuity when winning the lottery?

by TheForeverAloneOne I’ve seen arguments that state allowing the government to invest the money for you for 30 years will return a smaller percentage than if you did it yourself but the counter-argument I’ve seen is that if you let the government do it the starting capital is larger because it isn’t pre-taxed before investment, … Read more

Top Rising and Falling Stocks Today (and Why)

by NaturalHedgehog Here’s a quick roundup of the top rising and falling stocks today (22 October 2018), as of mid-morning. This list is limited to companies with market cap >$100 million, to eliminate penny stocks rising 5000% and so forth. If this is well-received, I’ll keep posting these. Today Company Driving the stock +51% American … Read more

It’s the Banks Again: US bank stock index down 17% from January. EU bank stocks crushed, crushed, crushed since Financial Crisis.

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Monday early afternoon, the US KBW Bank index, which tracks large US banks and serves as a benchmark for the banking sector, is down 2.5% at the moment. It has dropped 17% from its post-Financial Crisis high on January 29. If the index closes at this level, it would be the … Read more

US Deficit Is SKYROCKETING! – This Is CRAZY

Josh Sigurdson talks with author and economic analyst John Sneisen about the constantly growing U.S. deficit as we see it skyrocket to $779B. Interestingly, it’s the perfect storm to blame “small government” despite it being anything but. The same thing happened under Reagan as is happening today under Trump. Lower taxes which are great, but … Read more

YouTube Shutdown BLACKOUT! The World In 2019

https://www.youtube.com/watch?v=efzx6Pt2Dxk Predictive Programming REVEALED! On the evening of Tues. October 16th, 2018, YouTube experienced a massive outage for nearly 90 minutes. According to Down Detector, this outage was felt coast-to-coast by thousands of users. Not only that, but during this time, users were unable to access YouTube videos, comments, or live stream. This was reported … Read more

RED WAVE: More Than 77,800 People Sign Up For Trump-Cruz Rally In Texas Tonight, But Stadium Only Holds 18,000

by Geoffrey Grider At least 77,800 people have signed up for President Trump’s Houston rally on Monday to support incumbent Republican Sen. Ted Cruz, who is locked in the Texas Senate battle with Democratic Congressman Beto O’Rourke. Supporters of President Trump and Sen. Ted Cruz started lining up for tonight’s rally over the weekend, in a stunning implication of just … Read more

Cops Fighting Mandatory Drug Tests – Claim it’s ‘Unconstitutional’ to Screen Police Urine

via thefreethoughtproject: In an unprecedented protest against the routine offenses against due process and bodily integrity carried out in the name of the “war on drugs,” the union representing Pittsburgh police officers has condemned workplace drug and alcohol testing as a violation of the Constitution. Their zeal for the right to privacy only applies to themselves, however, … Read more

50 years of gun control

From José Niño via Mises Wire: Today marks the 50th anniversary of the passage of the Gun Control Act of 1968. The GCA is the main federal law that governs interstate commerce of firearms in the United States. Specifically, the GCA prohibits firearms commerce across state lines except between licensed manufactures, dealers, and importers. Under the GCA, any … Read more

The most secure phone you can get is…

From MarketWatch: Are you an Apple person or an Android person? The question can determine who you date, how much you make in the markets — and how secure your data is. Google released its Pixel 3 this week, a new smartphone running on Android that is known for its high-quality camera. But security on Android devices is a different … Read more

Morgan Stanley’s chief equity strategist Michael Wilson ominously warned that US capital markets have “hit the tipping point”

https://twitter.com/MI_Investments/status/1054412524613906432 THE SYSTEM DIED. THE RESET IS COMING. — Lynette Zang from SGTreport: Seven interest rate increases by the Federal Reserve since Fall of 2015 and still the 30 year sits at 3.1? Meanwhile, President Trump criticizes the Fed for raising rates too quickly and says the Fed is the biggest threat to our economy, and … Read more