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From Joseph T. Salerno at Mises Wire: In 2006, Venezuela’s president Hugo Chavez declared: There is a market that can be reactivated through barter and not through currency. Let us break that curse [of capitalism]. Well, twelve years later barter is indeed replacing currency transactions throughout the economy but with hardly the results that the late … Read more
by Egon von Greyerz Where have all the dollars gone? Long time passing Where have all the dollars gone? Long time ago Where have all the dollars gone? Uncle Sam has spent them everyone When will he ever learn? When will he ever learn? When Pete Seeger wrote the famous song “Where have all the dollars flowers gone”back in … Read more
by sundance Begin, with the end in mind…. More than two years ago CTH began discussing the ramifications to a new emphasis on the economy outlined as a possibility of candidate Donald Trump’s economic policy outlook. Within the overall discussion we walked through the anticipated changes possible if A.) Trump won the election, and B.) Trump began instituting Main Street economic policy ahead of Wall Street … Read more
Although he is saying this to try and erode the uprising progressives and to expand the dem coalition it’s still nice that he is capable of projecting rare sanity from within the left: http://archive.is/EKi5r
by Michael Snyder The rich have been getting richer and the poor have been getting poorer for so long in America that it seems like it has always been this way. But it hasn’t. In fact, between the late 1920s and the early 1970s the gap between the wealthy and the poor actually steadily got … Read more
by Michael Snyder If the U.S. economy is “doing well”, then why are almost 40 million Americans still on food stamps? That number is almost exactly where it was at the end of the last recession, and supposedly we have made so much progress since that time. Of course any progress that has been made … Read more
It is no big surprise that the economy isn’t in the best shape right now. This can be extremely difficult for many families. This is especially true if you are retired and living on a budget. Once retired you really don’t have any way to supplement your income and can only spend a certain amount … Read more
New docs have been released that show Strzok might have been a CIA agent in the FBI. The 12 Russian indictment is a joke because there is no evidence. Putin drops bomb on Mueller wants to do a swap interrogation but Trump decides not to do this. FBI director says Chinese alot worse than the … Read more
by mdcd4u2c I kept seeing Facebook pop on lists of top insider sales week after week and got curious so I did some digging and I’m sharing here. This is just all of Zuckerberg’s insider transactions (they were all sales) since the beginning of 2016. In reality, the dataset goes back to 2012, but he … Read more
https://www.cnbc.com/2018/05/23/uber-q1-financial-data-increased-sales-valuation-with-new-tender-offer.html This kind of growth is pretty much unprecedented at that scale of revenue. This is even more impressive when you consider that 2017 was a difficult year in terms of PR, and that they also gave up a lot of geographical scale in China. It’s very possible they could IPO with more revenue than … Read more
via medium: I believe I can prove that LendingClub.com, the largest peer-to-peer loan platform, has for years been rating loans with systematic bias. Some borrowers are rated lower risk than they should be, and others are rated higher risk than they should be. Cause for Suspicion My investigation began with a simple question: Why do hedge funds … Read more
https://www.cnbc.com/2018/07/18/microsoft-earnings-q4-2018.html Some points (paraphrased from article): Earnings of $1.13 per share, vs. 1.08 cents per share expected Revenue: $30.09 billion vs. $29.21 billion expected; grew 17% Commercial cloud revenue growth slowed 5%, from up 58% previously to up 53% this quarter (analyst estimates were 46% however) Graph of y/y growth of various products/services … Read more
Communism is a cult run by the super rich so they can suck dry resources and use it as a “domino” to attack the next country. President Trump is exposing their plan for America and stopping their agenda to have open borders controlled by the EU. https://www.youtube.com/watch?v=9MXIvMAxDKM
Owen Shroyer and Jon Rappoport reveal how the major mainstream media companies are on the payroll of big pharma, and they assist in the cover up of pharmaceutical manslaughter. https://www.youtube.com/watch?v=14GPS5xgyAE
Chile has become a magnet for migrants seeking relief from economic and political strife at home, especially Haitians, Venezuelans and Colombians. The influx has prompted the conservative government to crack down on what it calls “irregular migration” with tougher regulations and new deadlines for applications.
via thesoundingline: The last time the US completely paid off the national debt was in 1840. It was the result of decades of balanced budgets under Presidents James Monroe, John Quincy Adams, and Andrew Jackson. In the 179 years since 1840 (counting the 2018 budget), the US has run a deficit 109 times and a surplus or balanced … Read more
Adam Schiff Experiences Trump Derangement Syndrome Over Putin Meeting “SUBPOENA THE INTERPRETER!” https://www.youtube.com/watch?v=wdzY7vfp4Co Today Just In His Own Style Adam Schiff Tries To Get House Intelligence Committee To Vote On Subpoena For President Trump’s Interpreter While He Was Talking To Putin LINK TO FINAL VOTE! DEMOCRATS LOSE!! 11-6 https://www.nytimes.com/aponline/2018… Trump russia stories are popping up … Read more
by Dana Lyons Battered broker-dealer stocks are testing a potentially key line of support. Entering 2018, one of the hottest – and one of our favorite – industries was the broker-dealer space. That mantle of relative strength was further reinforced by the group’s resilience in the post-January correction. In fact, the group, as measured by the … Read more
Government claims you can own property as long as you pay them to own it. AC
