“I Don’t Take Questions From CNN” President Trump SHUTS DOWN Jim Acosta

https://www.youtube.com/watch?v=hekcscO8224 “I Don’t Take Questions From CNN, CNN’s Fake News” President Trump Shuts Down Jim Acosta Today President Trump wasn’t having any of Jim Acosta completely shuts him down from asking any questions this is breaking news and latest news this is trump uk visit and trump theresa may visit, trump press conference was asked … Read more

5 Key Ways Wall Street And Economists Think About The Yield Curve

via SUNNY OH An inverted yield curve has a strong record as a recession predictor The yield curve has captured Wall Street—and to a lesser extent Main Street’s—attention in recent weeks. And for a good reason. The past nine recessions have been preceded by the inversion of the curve, where short-term Treasury rates exceed their long-term counterparts. … Read more

Real World Inflation 101: The Truck Driver Shortage In America Is Hitting Everybody In Their Wallets

by Jody Chudley of Daily Reckoning It is a problem impacting everyone, including you. And it is hitting us right where it hurts — in the wallet. The issue is a massive shortage of truck drivers in the United States. American Trucking Associations believe that we need at least 50,000 additional truck drivers, and we need … Read more

Every time I see an electric vehicle on the road, I wonder how much of it I paid for.

CHANGE: Tesla Hits Delivery Threshold for Juicy Federal Tax Credit. Tesla Motors announced Thursday that it officially reached 200,000 deliveries this month, which is good news in terms of overall sales. But the figure also means the company has surpassed the threshold requiring that federal tax credits be phased out, which is bad news. Some speculate … Read more

Why We Shouldn’t Unmask Antifa

by Daniel Carter Last month, Congressman Dan Donovan introduced legislation to the House of Representatives called the Unmasking Antifa Act of 2018. If passed, this legislation could potentially give someone 15 years in prison for wearing a mask while injuring, threatening, oppressing or intimidating a person. This Act became extremely popular this week when right-wing commentator … Read more

How To File A Claim Against The Government

Do you believe that the government has wronged you? If so, you are not alone. Contrary to belief, people and businesses have won lawsuits filed against town, city, state or county governments. Why shouldn’t the government be held liable for an accident that resulted in you being disabled? Well, they should be treated no different … Read more

How to retire in style even with Social Security going broke

by Simon Black We’ve spent a lot of time in our regular conversations talking about the looming retirement crisis around the world. The data is horrific. Pension and Social Security programs in nearly every developed nation are woefully underfunded. In the United States, senior government officials including the Secretary of the Treasury, the Secretary of Labor, … Read more

Flattening Yield Curve Puts Pressure On Banks

via  Aaron Elstein A lot of Wall Street number-crunchers are going to be chained to their desks tomorrow when JPMorgan Chase, Citigroup and Wells Fargo all report second-quarter earnings more or less simultaneously. Truth be told, all is not well in bank-land, where the KBW Bank Index has fallen 1.5% this year while the S&P 500 … Read more

The Violence in Northern Ireland is Not Finished

by Martin Armstrong Reuters is reporting that Northern Ireland was hit by a new wave of street violence overnight on the eve of annual parades. This is demonstrating that there remains underlying tensions between pro-British Protestants and Irish nationalist Catholics in the British occupied region. Vehicles were set on fire, petrol bombs were thrown, and roads were … Read more

Johnson & Johnson has been ordered to pay nearly $4.7bn in damages to 22 women who claim the company’s talcum powder contributed to them developing ovarian cancer (six of whom have died from ovarian cancer)

https://www.theguardian.com/business/2018/jul/13/johnson-johnson-ordered-to-pay-47bn-in-talc-powder-claim?CMP=twt_gu Mark Lanier, the lead counsel for the women, six of whom have died from ovarian cancer, said Johnson & Johnson had covered up evidence of asbestos in its products for more than 40 years. After a six-week trial at a court in St Louis, a jury awarded the women $4.14bn in punitive damages and … Read more

Tax Code Loophole Could Allow 21% Tax Rate For Nation’s Richest

Via ZeroHedge The tax code is so horribly intricate, convoluted and difficult to follow that the Trump administration may have inadvertently just gifted those who store cash and investments offshore another major tax cut – allowing them to tap the 21% corporate rate – without even knowing it. Not unlike the patchwork job that the Federal Reserve … Read more

IS THIS UNPRECEDENTED POLITICKING BY AN EX-PRESIDENT? Obama Returns to Boost Eric Holder-Led Group Targeting Republicans in 12 States. By . . . “redistricting.”

BO was worst Prez ever. Now worst ex-Prez ever. via freebeacon: Former president Barack Obama, who has maintained a low profile since leaving the White House, reemerged in a new video to garner support for a redistricting group led by former attorney general Eric Holder that is targeting Republican politicians in a dozen states across the … Read more