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by WARREN MOSLER So the savings rate puzzle, where consumption was exceeding income, has now been reconciled with large upward revisions in personal income. And looks like the credit expansion that supplied the income and drove the spending was from non-residents. The next monthly consumption and income releases will bring it all up to date: Highlights … Read more
by stockboardasset via G, P & Capital This move in stocks looks complete. Sentiment is now excessively bullish right as the S&P 500 tests upper resistance from a sharp rally. The S&P 500 should roll over shortly. Particularly when you consider that the Fed’s QT program will hit $40 billion this month. Most of that drain will … Read more
by stockboardasset Last week, we struck gold with a monster FB July 27 172.50 Put at .02 to 2.19. I want to thank idiot analysts for writing idiot buy recommendations on an idiot company called idiot $FB that has enabled my fund to reap an idiotic amount of money in this idiot economy. pic.twitter.com/xtEsU9u5F5 — Alastair (@StockBoardAsset) July … Read more
Like not even close. Not even a clever twisting of words, just a blatant lie. They know most people only read the headline AC
by Spencer P Morrison, NEE Had I as many souls as there be stars, I’d give them all for Mephistophilis. ~Doctor Faustus Spectators claim that Satan himself appeared on stage during the opening performance of Christopher Marlowe’s play Doctor Faustus (1588)—the grizzly specter drove men mad with fear. Some wanted to demolish the theater, others to hang Marlowe … Read more
by visualcapitalist See the full-size version of this map o see the high resolution version of this map, go here. The United States is a vast place, and every region is markedly different. Usually we look at these differences through lenses like geography, population density, preferences, wealth, and culture – but age is another interesting one to think … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Use of this financial instrument has ballooned. No one knows to what extent because there’s no disclosure. But it was a “key contributor” to the sudden collapse of outsourcing giant Carillion. As regulators and stiffed creditors were poking through the debris of collapsed outsourcing giant Carillion – once employing 43,000 people worldwide – … Read more
For More Information See: http://apps.bostonglobe.com/news/nati… https://www.dhs.gov/real-id
The changes pose real threats to the highly speculative pre-sale condo market. By Steve Saretsky, Vancouver, Canada, Vancity Condo Guide: Starting September 17th, the BC Government will move forward with a new property transfer tax that will require people to report additional information, including their name, citizenship, and social insurance number, if they purchase through a … Read more
by Thinker What a disappointment, when a new organization can take reporters to use for their own political agenda’s dealing with politics, and swaying the masses. The loss of the presidency by Hillary Clinton and the Democrats is going to go down in history to the poorest losers of any event in the world. Never … Read more
by Spencer P Morrison, NEE On July 15 President Trump tweeted: the European Union is America’s “foe” because of “what they do to us in trade.” The European Council President Donald Tusk frantically responded: Europe and America are the “best of friends” and anything else is “fake news.” America and the EU are best friends. Whoever says we … Read more
by Thinker The woman who exchanged anti-Trump text messages with her FBI lover, who was dismissed from special counsel Robert Mueller’s Russia probe, has been photographed for the first time since news of her affair was revealed. Lisa Page, a lawyer for the FBI, looked somber in DailyMail.com’s exclusive photos as she was spotted leaving … Read more
by Warren Platts, NEE Adam Smith, author of An Inquiry into the Nature and Causes of the Wealth of Nations, considered the arguments made by today’s proponents of unilateral free trade and responded to them in print – more than 240 years ago. And with Donald Trump poised to impose tariffs on another $200 billion in imports … Read more
‘The truth is we had to leave’: Fleeing Venezuela for Colombia. “Colombia is a lifeline for western Venezuela,” said Rafael Velasquez Garcia, the International Rescue Committee’s (IRC) head of mission in Colombia. “Every day more than 35,000 Venezuelans cross the Simon Bolivar bridge alone to purchase food and receive vital medical assistance, among other services … Read more
Hall of Fame conservative radio host Mark Levin is blowing the whistle on what he sees as a double standard over the Trump administration’s move last week to bar a CNN White House reporter from an event after she shouted several questions at the president inside the Oval Office. On his top-ranked radio show, Levin … Read more
Facebook investors are suing the social network, its CEO Mark Zuckerberg and CFO David Wehner after a poor earnings report wiped out nearly $160 billion of shareholder wealth. The lawsuit, filed by shareholder James Kacouris in a Manhattan federal court, could be the first of many claims over a disappointing earnings announcement by the social … Read more
https://youtu.be/-EsBqBggcyc People need to wake the phuck-up.!! There is no ‘Savior’ coming to save America. It’s all part of the same plot to destroy America from within. It’s absolutely mind boggling to see how many people have fallen for the same deception.. Nobody is going to fight a ‘Revolution’ for you. Revolutions require a critical … Read more
Still, 51% of Democrats have a favorable impression of socialism, with 13% who share a Very Favorable one. This compares to favorables of 21% among GOP voters and 26% among unaffiliateds, with seven percent (7%) and five percent (5%) respectively who hold a Very Favorable opinion of it. Twenty-nine percent (29%) of Democrats, however, incorrectly … Read more
WASHINGTON Members of Congress should be able to work together to protect houses of worship from having to pay taxes, especially in an election year when both parties want to earn the faith community’s vote. In an era of pervasive partisan politics, however, not even that is a guarantee. Some Republicans do want to tweak … Read more
DENVER — A patient thought to possibly have contracted Ebola tested negative for the virus Sunday evening, according to officials with the Colorado Department of Public Health and Environment. This was the second test of the day that returned a negative result. The patient was admitted to Denver Health Sunday morning and put in the … Read more