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by Jesse “The downward spiral of dumbness in America is about to hit a new low.” Hunter S. Thompson Stocks showed continued weakness today, as the euphoria that helped to push prices to their recent highs continued to cool, and profits were taken. On some days it seems like the only people that are buying … Read more
by John Rubino You’d think the previous decade’s housing bust would still be fresh in the minds of mortgage lenders, if no one else. But apparently not. One of the drivers of that bubble was the emergence of private label mortgage “originators” who, as the name implies, simply created mortgages and then sold them off … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter In terms of Tesla’s survival, this poses a problem. Tesla shares fell 2.8% to $280.74 on Wednesday. They’re now down about $100 from the closing price of August 7 ($379.57) and down $107 from the high that day ($387.46). This was the moment when CEO Elon Musk had pulled another rabbit … Read more
sea of red around the world as US traders fret over tech margin calls pic.twitter.com/nO1yErIrsy — Alastair (@StockBoardAsset) September 6, 2018 Insider selling jumps to the highest level of the year as execs fear a volatile September. Insider selling reached $450 million daily in August, the highest level this year, data from TrimTabs show. The … Read more
Democrats are screaming about Trump putting a halt to federal employees pay raises, but it turns out that Obama did the same thing.
https://www.youtube.com/watch?v=pD7mVy1_Eco Trurns out it is already cleared for public viewing: Trurns out it is already cleared for public viewing: Booker Orders Release of Kavanaugh-Related Email in ‘Act of Disobedience’ https://t.co/XhBiKw3eyG via @RollCall — Senator John Cornyn (@JohnCornyn) September 6, 2018
via reason: The recent announcement that a now-defunct law firm will pay $600,000 to a former Costa Mesa mayor and a current councilman and his wife puts to bed an ugly chapter in that Orange County city’s recent history. Nevertheless, it would be wrong to ignore the deeper statewide lessons from that controversy, which also spotlights the … Read more
Journalist James Bloodworth, spent a month working undercover as a “picker” in an Amazon order fulfillment center and found workers were urinating in bottles because they were discouraged from taking bathroom breaks. His new book is “Hired: Six Months Undercover in Low-Wage Britain.” h/t normanbatesmotel
https://youtu.be/UxYXYsQOtO4 Rod Rosenstein under investigation by little-known up-and-coming investigator, Bob Bosenstein.
Internet Celebrity “Homeless Lottery Winner” Now Claiming His Charity Money Has Been Stolen (Over 27 Million Views) 1. Homeless Lottery Winner 2. Homeless Man Gets A Home 3. Former Homeless Man Helps The Homeless 4. Magic of Rahat you did me wrong and you know it. ERIC THE HOMELESS MAN 2018 UPDATE 5. Eric got … Read more
“New GOP Video Ad Goes for the Dems Jugular” h/t NotStarvingActress
For More Information See: https://www.nytimes.com/2018/09/05/opinion/trump-white-house-anonymous-resistance.html?smtyp=cur&smid=tw-nytimes http://www.foxnews.com/politics/2018/… https://www.scribd.com/document/38798… http://www.matrixfiles.com/DavidBrock… https://www.infowars.com/texas-doctor…
[snip] A nuclear power station in Hokkaido is relying on emergency backup power after a powerful earthquake knocked out electricity on the northern island Thursday, offering a stark reminder of the 2011 Fukushima disaster. The three-reactor Tomari nuclear plant, operated by Hokkaido Electric Power Co. and in shutdown since the aftermath of the Fukushima disaster, … Read more
by Dennis Miller A New York Times (NYT) headline blared, “Too Little Too Late’: Bankruptcy Booms Among Older Americans”. They reference a Consumer Bankruptcy Project (CBP) study, “Graying of U.S. Bankruptcy: Fallout from Life in a Risk Society”: “For a rapidly growing share of older Americans, traditional ideas about life in retirement are being upended by a dismal … Read more
BREAKING: FOX: “Police raid home of couple who raised $400K for homeless man” FLORENCE, N.J. – Police raided the home Thursday of a couple who raised $400,000 online for a homeless good Samaritan who has alleged they squandered some of the money, including on a used BMW that investigators hauled away on a flatbed truck. … Read more
via arstechnica: According to a report by Netlab 360’s Genshen Ye, more than 7,500 of them are actively being spied on by attackers, who are actively forwarding full captures of their network traffic to a number of remote servers. Additionally, 239,000 of the devices have been turned into SOCKS 4 proxies accessible from a single, small … Read more
Paul Sperry: Exclusive: FBI Kept From U.S. Spy Court Russian View of Carter Page as ‘an Idiot.’ The FBI omitted from its application to spy on Carter Page the fact that Russian spies had dismissed the former Trump campaign adviser as unreliable – or as one put it, an “idiot” – and therefore unworthy of … Read more
Jonathan Haidt and Greg Lukianoff explain how “good intentions and bad ideas” have made young people super-fragile—and how to make things better. As of time of time this post was written, Greg Lukianoff and Jonathan Haidt’s The Coddling Of The American Mind is the number one book at Amazon in its Social Sciences category. h/t ED
via morningconsult: A 34 point drop almost overnight. But wait, it gets worse: “Among younger generations, Nike users, African Americans, and other key demographics, Nike’s favorability declined rather than improved.” Plus: “Before Kaepernick was revealed as the face of Nike’s campaign, only two percent of Americans reported hearing something negative about Nike. After the launch, that … Read more
