As Social Security and Medicare Go Bankrupt, US Gives Israel $10.5 Million a DAY

via thefreethoughtproject:   As the United States government admits that Social Security and Medicare services are going bankrupt and will both be completely depleted within the next 16 years, American taxpayers are giving around $10.5 million to a close ally that is routinely accused of human rights violations. The latest report from the Social Security Administration revealed that Social Security … Read more

The telltale signs of a dying bull market

Image by iStock/guirong hao From Frank Holmes at Frank Talk: Besides lifting rates, the Fed has also signaled that we can expect two more hikes in 2018, suggesting it sees less and less need to accommodate a booming U.S. economy. Since the start of this particular rate hike cycle two and a half years ago, we haven’t … Read more

New Copyright Law Could Make Current and Future Internet Memes Illegal to Share

via thefreethoughtproject: Posting memes, remixes, and other similar content could soon be banned from the web in the European Union, according to critics who are speaking out against a recently proposed copyright law. The law, known as the “Copyright Directive,” will be voted on later this month by the European Parliament, and lawmakers suggest that this … Read more

Grassley: “Is the IG investigating Comey’s handling of his memos about Trump?” Horowitz: “Yes, we’re investigating it and will produce a report on it.”

https://twitter.com/seanmdav/status/1008782337373548544?ref_src=twsrc%5Etfw In a somewhat surprising turn of events, Horowitz reveals that Comey is under DOJ investigation over mishandling classified info. Although soundly buried on /r/conspiracy about an hour ago, this story is certainly juicy and conspiratorial enough to warrant at least a discussion on this sub. And the intrigue continues, as noted by a response to this tweet: Horowitz … Read more

Ex-CIA officer charged with massive leak to WikiLeaks

A former CIA computer engineer has been indicted on charges he masterminded what appears to be the largest leak of classified information in the spy agency’s history. Joshua Schulte, 29, was charged in a new grand jury indictment with providing WikiLeaks with a massive trove of U.S. government hacking tools that the online publisher posted … Read more

S&P500 Possible Bearish Turn

via UmarAbdurRehman My previous call on S&P500 longs around 2692 almost have met the target of 2800, not yet hit that level but almost reached it. We may see it may test that and roll all the way back. For now- it seems like it is likely to complete the correction and i am expecting a … Read more

Am I missing something or does more than half of the tax you pay go to the military?

  Sourced from wikimedia commons https://www.nytimes.com/interactive/2017/03/22/us/is-americas-military-big-enough.html https://www.theguardian.com/us-news/2018/feb/09/senate-budget-deal-us-military-spending https://www.cnn.com/2018/03/28/politics/us-military-spending-items-intl/index.html https://www.pbs.org/newshour/nation/military-budget http://www.abc.net.au/news/2017-03-17/donald-trumps-budget-boosts-military-slashes-climate-funding/8362516 https://www.nbcnews.com/storyline/military-spending-cuts/u-s-military-spending-dwarfs-rest-world-n37461 h/t EmployerOfTheMonth

The Fed Screwed Up… And The Markets Know It

via The Phoenix Last week the Fed announced it intends to hike rates another two times this year, with three more hikes next year. The Fed also announced that it will continue to increase its QT program with the goal of eventually withdrawing $50 billion in liquidity per month, or some $600 billion per year. The … Read more

Trump-bashing Puerto Rican mayor reportedly facing FBI corruption probe

Watch the latest video at foxnews.com The administration of the mayor of San Juan, Puerto Rico, who shot to international fame after criticizing President Trump for not doing enough to help Hurricane Maria victims, is being investigated by the FBI on corruption charges, according a local news outlet. Mayor Carmen Yulin Cruz and her administration … Read more

M1 launches M1 Borrow

M1 launched their first margin product and are charging 3.75%. Its for accounts over $25k and they are selling “M1 Borrow” as a portfolio line of credit. I might now just invest all my liquid NW and borrow whenever I have a large bill due. Does anybody borrow against their portfolio outside of trading (like in … Read more

Hillary Clinton: “Just because your child gets across the border that doesn’t mean your child gets to stay”

Oh snap! https://youtu.be/6pFaAHuVThU You won’t see CNN or anyone else in the media (except maybe Fox) bringing attention to this. Transcript: AMANPOUR: Such an important issue. And what about right now? As we’re seeing thousands of children come across — CLINTON: Oh. AMANPOUR: — shantied off into makeshift shelters. CLINTON: It’s horrible. AMANPOUR: Hard choice … Read more