Deep State Turns on Trump

by Bill Bonner YOUGHAL, IRELAND – We left off yesterday with a provocative question: Has Trump really gone to war with the Deep State? Or was he just mouthing off in Helsinki… off message… and out of control? There are a couple more hypotheses, too… but we’ll get to them in a moment. Off the Reservation Even some … Read more

Police Union President Laments That Portland Has Become A “Cesspool” As West Coast Cities Struggle With An Unprecedented Surge In Homelessness

by Michael Snyder  Even though it has always been kind of crazy, at one time Portland, Oregon was quite an attractive place to live, but now those days are long gone.  Today, the city streets are strewn with garbage, drug paraphernalia and human feces.  Mentally ill homeless people and drug addicts wander about like zombies, and … Read more

Thomas Frank: The Catechism of Tech, Bank, and Globe, Which Is Nothing But an Excuse For an Out-of-Touch Elite

by Jesse “Back in 1941, Franklin Roosevelt set down his understanding of American political history, in which there were two schools of political belief. ‘The liberal party believed in the wisdom and efficacy of the will of the great majority of the people, as distinguished from the judgement of a small minority of either education … Read more

Deficit Projected to Top $1 Trillion Starting Next Year… Food-Stamp Use Still at Recession-Era Levels Despite Job Gains

Deficit Projected to Top $1 Trillion Starting Next Year WASHINGTON—The Trump administration expects annual budget deficits to rise nearly $100 billion more than previously forecast in each of the next three years, pushing the federal deficit above $1 trillion starting next year. The revisions, which went largely unnoticed when the White House submitted its annual … Read more

Economic Seesaw: Inflation Up, Spending Down

By Lance Gaitan Is the global trade war heating up, or has President Trump positioned America to make itself great again? Despite his bluster and penchant for causing angst among enemies and allies alike, Trump’s tactics seem to be working. China seems ready to negotiate on trade, while Europe seems to have conceded on increasing military spending to support … Read more

Do You Have Too Much Stock Exposure?

by John Coumarianos If you’re retiree trying to use your saved capital to generate income, you’re basically trying to construct a pension for yourself. And that means you should think about how Jeremy Gold understood pensions. Gold, who died recently (here are his obituaries in in the New York Times and the Wall Street Journal), made the first … Read more

Why should we trust US Intelligence now?

by obdm Why are people trusting the US Intelligence Agencies now? What is going on behinds the scenes at major media outlets, social media sites and Intelligence agencies that would prompt them to push the current narratives so hard … Considering how the entire country was lied into war, why should we be trusting US … Read more

BREAKING: California Supreme Court blocks measure proposing to divide the state in three from appearing on November ballot

SACRAMENTO, Calif. — The California Supreme Court has blocked a measure that would divide the state in three from appearing on the November ballot. The court’s ruling states that because there are questions about the proposition’s validity, the potential harm of putting it on the ballot now outweighs concerns about delaying the vote until a future election … Read more

BIG GOVERNMENT PROGRAM FAILS. GO FIGURE.

Large randomized trial finds state pre-k program has adverse effects on academic achievement. Highlights: This report discusses new findings from a well-conducted randomized controlled trial (RCT) of Tennessee’s voluntary prekindergarten program for low-income children. This study is the first large RCT of a state-funded pre-k program and one of only two such studies ever conducted … Read more

Are the gold bears getting tired?

From Kitco: According to some analysts, there is further evidence that gold’s selling momentum is running out of steam as the latest trade data from the Commodity Futures Trading Commission showed little change in bearish gold sentiment. The CFTC’s disaggregated Commitments of Traders report for the week ending July 3 showed money managers increased their speculative gross long … Read more

Airbnb Goes Full Peter Thiel: Finances Host’s Lawsuit Against NYC

by stockboardasset Airbnb Inc. has taken a page straight from the Peter Thiel playbook of litigation funding. Thiel, an American billionaire, secretly funded Hulk Hogan’s privacy case against now-defunct Gawker Media. Investors placing bets on lawsuits have long operated under a veil of secrecy. As litigation funding becomes more well known in the United States, it … Read more

Out Of The Closet: James Comey Begins Campaigning For Progressives Tells ‘All Who Care’ To Vote Democrat In November

by Geoffrey Grider “All who believe in this country’s values must vote for Democrats this fall. History has its eyes on us,” Comey concluded. Former head of the FBI James Comey, a self-declared ‘longtime Republican’, did us a favor today, he showed us definitively what side of the fence he’s on. Comey took to Twitter and … Read more

F-35 Stealth Jet Modernization Program Will Allow For Directed Energy Weapons

by stockboardasset Pratt & Whitney, a division of United Technologies corp., announced last Thursday a ‘Growth Option 2.0’ upgrade for the F135 engine, which powers the fifth-generation Lockheed Martin F-35 Lightning II, that could provide increased power and thermal management system (PTMS) capacity. “As the F-35 program moves forward with the Continuous Capability Development and Delivery (C2D2) strategy, … Read more

“Don’t Forget This Didn’t Happen Under Trump It Happened Under Obama” Sarah Sanders DESTROYS Liberal Reporter Over Russia

https://youtu.be/11gFzjsqAow “Don’t Forget This Happened Under Obama” Sarah Sanders DESTROYS Liberal Reporter Over Russia Today Press Secretary Sarah Huckabee Sanders press briefing over russia and putin this was filmed during the white house press conference or the white house press briefing they discussed president trump and how he interacted with putin they also discussed president … Read more