CNBC: US Treasury employee arrested on charges of leaking reports to media

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A U.S. Treasury employee has been arrested and charged with leaking to a BuzzFeed News reporter multiple secret reports about suspicious financial transactions. The documents relate to former Trump campaign chief Paul Manafort, Trump campaign official Richard Gates, accused Russian agent Maria Butina, the Russian Embassy and suspected Russian money launderer Prevezon Alexander. The accused … Read more

Fund Manager: Netflix’s Giant Ponzi Scheme

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by Dave Kranzler of Investment Research Dynamics A colleague/friend asked today how I thought the “FANG saga” would end.  I replied that I don’t know about GOOG and FB, but AMZN is maybe worth $50/share as it burns cash every quarter despite manufacturing GAAP “net income” so it’s hard to tell for sure – it could be worth … Read more

HUGE Breaking Court Transcript! Federal Judge ‘Shocked’ Clinton Aide Granted Immunity by Justice Department. Court Criticizes State Department for Providing False Statements on Clinton Emails

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by TFittonJW I am the large person standing with Ramona Cotca, the excellent Judicial Watch attorney who represented us before Judge Lamberth last week. Here is the press release: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-federal-judge-shocked-clinton-aide-granted-immunity-by-justice-department/ A link to the court hearing transcript: https://www.judicialwatch.org/document-archive/jw-v-state-benghazi-talking-points-transcript-01242-2/ My Judicial Watch discussion of the hearing:

Is Netflix being run by the United States Congress?

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by Simon Black Shares of Netflix soared today on news the company lost a record $859 million in cash in the third quarter. Why are investors applauding this egregious destruction of capital? Well, it’s because investors only look at one number when Netflix reports earnings – subscriber growth. And on that metric, the company outperformed, adding … Read more

When Will Chasing The Hot Stock No Longer Work?

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by Kevin Muir of Macro Tourist If someone had asked me to name the driving factors influencing US stock market performance return over the past year, I might have guessed the cut in the tax rate, but I would then be at loss to further explain what has been moving stocks. Lucky for me, Bloomberg has this great … Read more

OOPS: Advertisers Allege Facebook Failed to Disclose Key Metric Error for More Than a Year.

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“Facebook knew of problems with how it measured viewership of video ads for more than a year before it revealed them in 2016, according to a complaint filed by advertisers.” via WSJ: Damping marketers’ concerns is important for Facebook as it seeks a bigger piece of U.S. spending on online video ads, which is projected … Read more

The Fed Is Trying To Drain Some Of The Risk Out Of The Market. This Is A Big Recognition.

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter During the stock market selloff last week, I appeared on “Off the Cuff” with Chris Martenson  of PeakProsperity.com. While I’m a fairly regular guest on Off the Cuff — thank you, Chris! — these podcasts are normally reserved for premium subscribers of PeakProsperity.com. But this time, Chris released it to the public. Below is a … Read more

Why China Is Allowed To Torture and Implement Mao Tactics And No One Says Anything…

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For More Information See: https://www.wsj.com/video/life-inside… https://nypost.com/2014/08/09/chinas-… https://rsf.org/en/china https://www.businessinsider.com/chine… https://erlc.com/resource-library/art… http://www1.cbn.com/cbnnews/2018/may/… https://www.washingtontimes.com/news/… https://www.pulse.ng/communities/reli… https://world.wng.org/2018/04/china_t… https://www.premier.org.uk/News/World… https://www.technocracy.news/china-he… https://www.scmp.com/news/world/europ… https://www.thenewamerican.com/world-… https://www.theepochtimes.com/falun-g… https://www.theepochtimes.com/more-th… https://www.reuters.com/article/us-ap… https://www.cnn.com/2018/02/02/asia/c… https://rsf.org/en/news/china-still-w… https://www.ucanews.com/news/journali… https://www.washingtonpost.com/news/w… https://panampost.com/antonella-marty… http://www.visiontimes.com/2017/07/08… http://factsanddetails.com/china/cat8… https://www.pri.org/stories/2017-02-1… https://www.scmp.com/business/compani… https://www.thestar.com/entertainment… https://www.bbc.com/news/world-asia-c… http://fortune.com/2016/03/18/the-big… https://therealdeal.com/2018/03/25/us… https://www.bloomberg.com/news/articl… https://www.reuters.com/investigates/special-report/college-charity/ https://www.timeshighereducation.com/… https://www.usnews.com/news/articles/… http://www.sentinelandenterprise.com/…

How the Ballooning Budget Deficit Could Affect Your Retirement

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From Birch Gold Group In many ways, the current U.S. budget deficit represents uncharted territory. Investopedia defines a budget deficit when “expenses exceed revenue and it is an indicator of financial health.” Referring to the U.S. they added “Accrued government deficits form the national debt.” According to an official statement released by Steve Mnuchin and Mick Mulvaney at the Treasury, … Read more

Trump’s 2020 reelection campaign already has $106M and an army of grassroots volunteers

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by Dr. Eowyn Two days before his inauguration, during an interview with the Washington “fake news” Post on Jan. 18, 2017, Donald John Trump already had the slogan for his re-election campaign in 2020. He asked the Post, “Are you ready?,” then announced his 2020 campaign slogan: “Keep America Great!” Trump called his lawyer into his office to trademark the … Read more

FACT: PPT formed by Reagan in 1988, they actually resleases statements from time to time hinting at what it’s been up to.

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by Chris Here’s one from 2008: Statement by the President’s Working Group on Financial Markets 10/6/2008 HP-1177 Washington, DC– The President’s Working Group on Financial Markets issued the following statement today: Conditions in U.S. and global financial markets remain extremely strained.   The President’s Working Group on Financial Markets (PWG) is working with market participants and regulators globally … Read more

VICTOR DAVIS HANSON: What Happened to California (Video)?

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A couple weeks ago a spokesperson for the CA “high speed” rail poohed poohed critics of the project and promised that this rail project would provide noticeable dividends in reducing traffic congestion. These bureaucrats live in a bubble, and CA has evolved into a highly segregated state with extreme income disparity. PR

BREAKING: Major Win: NYT: Trump to Withdraw from UN Treaty that Forces Americans to Subsidize Cheap Chinese Package Shipments into the U.S.

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WASHINGTON — President Trump plans to withdraw from a 144-year-old postal treaty that has allowed Chinese companies to ship small packages to the United States at a steeply discounted rate, undercutting American competitors and flooding the market with cheap consumer goods. The withdrawal, announced by the White House on Wednesday, is part of a concerted … Read more

Nearly half world lives on less than $5.50 a day

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Despite progress in reducing extreme poverty, nearly half the world’s population lives on less than $5.50 a day, with a rising share of the poor in wealthier economies, the World Bank said Wednesday. In a twice-yearly report, the bank took a broader look at poverty to see where countries were lagging, even though the share … Read more