Investment Watch Blog

Payback time for the financial sector that was bailed out by taxpayers, the new government thinks.  By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. It’s payback time for Spain’s financial sector. At least that’s what the country’s new center-left coalition government appears to believe. After receiving the biggest financial bailout in the country’s history … Read more

via businessinsider: A federal criminal complaint has been filed against Trident Lakes owner and manager John Eckerd and an unnamed co-conspirator, alleging the pair accepted money they believed to be proceeds from the Colombian drug trade but was actually money from undercover FBI agents … Located along a highway north of Dallas, Trident Lakes promised to … Read more

by John Ward The Prime Minister is deluding herself if she thinks the ‘collective consensus’ of Chequers is any kind of checkmate ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ The BBC (who else?) led the way this morning in the peddling of Orwellian Newspeak about the Cabinet’s “crunch” Brexit meeting at Chequers yesterday. The Cabinet had, the Beeb insisted, agreed ‘a collective … Read more

You’ll no longer be able to post written reviews as of July 30, and then in mid-August existing written reviews will be removed. Soon, it’ll be a little harder for you to tell everyone what you thought of Marvel’s The Avengers. Netflix is removing a desktop-only feature this summer that allowed users to read and write … Read more

by John Ward Great historical events, sensational news reporting and genuine scientific advance do not immediately lend themselves to humour. But when those guiding such events are clearly mediocre, when twisted bumboy media owners spin failure into success, and when both groups conspire to present brazen lies as accepted truth, only mordantly ironic satire stands even … Read more

“LSD and DMT have long been substances of choice in the psychonaut community, and with good reason. Both of these substances are known to profoundly alter a user’s mental state and and result in vivid hallucinations. Yet due to a decades-long moratorium on psychedelic research in the United States, researchers still don’t have a very good … Read more

At least 362,000 Americans with overdue tax debts will be denied new or renewed passports if they don’t settle these debts, the Internal Revenue Service says. https://www.wsj.com/articles/thousands-of-americans-will-be-denied-a-passport-because-of-unpaid-taxes-1530869401 Revocation or Denial of Passport in Case of Certain Unpaid Taxes https://www.irs.gov/businesses/small-businesses-self-employed/revocation-or-denial-of-passport-in-case-of-certain-unpaid-taxes IRS may deny 362K Americans passports for unpaid taxes Have overdue tax bills? Now the Internal … Read more

Some 70 million accounts, a number roughly equal to 20 percent of Twitter’s monthly active users, have been yanked off of the platform in May and June, as the company opts for user ‘safety’ over free speech, it’s been reported. The social media company has exacerbated its crusade against the ‘fake accounts’ accused of spreading … Read more

Forget the Golden Arches of McDonald’s, or the Whopper at Burger King, even the double double of In-N-Out Burger. Chick-fil-A is the tops for those wanting a fast meal. The chicken chain was named the favorite limited-service restaurant by consumers according to the 2018 American Customer Satisfaction Index’s Restaurant Report, USA Today reported. Chick-fil-A beat … Read more