Big Four Audit “Oligarchy” Comes under Scrutiny in the UK after Corporate Surprise Collapses

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The “oligarchy” controls the standard-setters, ensuring rules of the game suit it. The long reach of the bean counters also extends deep into the heart of government. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. KPMG, one of the world’s “Big Four” accounting firms, has shown an “unacceptable deterioration” in auditing British firms and … Read more

One of the first 12 that made up the original DOW and now it is gone.

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Just from a historical perspective, wow… The Dow Jones Industrial Average was created in 1896 by Charles Dow and originally consisted of 12 companies: American Cotton Oil American Sugar American Tobacco Chicago Gas Distilling & Cattle Feeding General Electric Laclede Gas National Lead North American Tennessee Coal and Iron U.S. Leather pfd. U.S. Rubber. At the time, … Read more

BREAKING: Democrats reject GOP bill that will keep illegal immigrant families together at the border.

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Wired Sources @WiredSources BREAKING: Democrats reject GOP bill that will keep illegal immigrant families together at the border. https://twitter.com/WiredSources/status/1009213992840155141 Wired Sources @WiredSources JUST IN: Senate minority leader Chuck Schumer says he would rather ‘keep the focus on Trump’ than support bill which keeps illegal immigrant families united at the border https://twitter.com/WiredSources/status/1009219225045684224 Tucker Carlson;Democrats Furious Over … Read more

Presidential Campaign In Mexico Gets Dirty

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Trump actually commented on this today. Mexico keeping to it’s corrupt reputation as always during elections. LAURA CARLSEN: This week the gloves came off in the Mexican elections. What appears to be hundreds of thousands of phone calls are being made to cell phones throughout the country, Claiming that Andres Manuel Lopez Obrador poses a danger … Read more

The Fed’s “Inflation Target” is Impoverishing American Workers

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by Antonius Aquinas    Fed Chair Jerome Powell apparently doesn’t see the pernicious effects of inflation At one time, the Federal Reserve’s sole mandate was to maintain stable prices and to “fight inflation.”  To the Fed, the financial press, and most everyone else “inflation” means rising prices instead of its original and true definition as an increase … Read more

China taking over Cambodia by buying everything

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via smh.com.au: Everbody thought China was going to start wars and attack people to get land? Nope! Them commies are just buying everything they can! They have taken over a big chunk of Cambodia, just by buying there way in! No war needed! When several Chinese men dragged two Cambodian massage parlour workers out of a … Read more

Some facts on Trump’s Economy

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The President signed the first major tax reform in 30 years. As the economy grows, federal revenues are increasing. April 2018 had a record surplus of $214 billion. Over 500 companies (507) have announced bonuses, wage increases, and new investments. Businesses have invested $482 billion in new, American projects and employees. More than 4.8 million … Read more

FBI Agent Peter Strzok Fired & escorted out – James Comey Under Criminal Investigation For Leaking

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Peter Strzok reportedly escorted out of FBI building https://www.washingtontimes.com/news/2018/jun/19/peter-strzok-escorted-out-fbi-building-reports/ https://www.cnn.com/2018/06/19/politics/fbi-agent-peter-strzok/index.html http://www.nbc-2.com/story/38460710/fbi-agent-strzok-escorted-from-fbi-building-friday https://www.youtube.com/watch?v=sn-x2ta-zXg AC

Starbucks is shutting down 150 stores due to lack of sales. Stock down 6.3% Tuesday.

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via bnnbloomberg: Americans’ long-running joke about a Starbucks on every corner may be nearing its end. The coffee behemoth is retrenching in its home market as it contends with sales growth that Chief Executive Officer Kevin Johnson acknowledges isn’t fast enough. The cafe chain said Tuesday it expects comparable sales to rise just 1 per cent globally … Read more

Tucker telling it like it is

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.@TuckerCarlson: "This is one of those moments that tells you everything about our ruling class. They care far more about foreigners than about their own people." #Tucker pic.twitter.com/ZtGITDMj9A — Fox News (@FoxNews) June 19, 2018 https://www.vdare.com/posts/what-the-critics-of-family-separation-really-want-as-many-illegal-aliens-entering-as-possible h/t MaunaLoona

NOW THAT’S REAL SOCIALISM

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Venezuela Forced To Shut Down Production As Operations Fall Apart. Venezuela’s oil production fell to an average of 1.392 million barrels per day in May, down another 42,000 bpd from a month earlier, according to OPEC’s secondary sources. However, with the crisis in Venezuela spiraling out of control at a horrific pace, the numbers from … Read more

The Smart Money Gets Ready for the Next Credit Event

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “It feels like we’re about 12 months away, but we could get into extended innings.” As corporate indebtedness in the US has reached precarious heights, and as risks are piling up, in an environment of rising interest rates and a hawkish Fed, the smart money is getting ready. The smart money … Read more

India and Russia Join China in CURRENCY and TRADE WARRR! Stock Market FALLS!

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Please let me know what you thought about how bailouts don’t actually fix a problem. Financial companies in particular are completely intertwined and so are “Too Big To Fail”. But that can’t be unwound without causing a Global Economic Collapse. I want to know your thoughts on what I spoke about specifically. https://www.youtube.com/watch?v=93LbkZML-Tg Keeping up … Read more

Females Are Outperforming Males On Every Educational Level, And That Has Staggering Implications For The Future Of Our Society

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by Michael Snyder  It is an uncomfortable truth that most educators simply do not want to talk about.  Females are dramatically outperforming males on every educational level, and many are wondering what this means for our future.  If men do not feel a strong sense of purpose and meaning, they can get into trouble really quickly.  … Read more

Both Sides Of The Mainstream Argument About Gun Control Because Neither Side Has A Clue What They’re Talking About.

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by Bruce I am a liberal gun owner, a former serviceman in the National Gaurd, and a hunter and outdoorsman(I eat what is killed, nothing wasted), and I dislike both sides of the mainstream argument about gun control because neither side has a clue what they’re talking about. First, my side against mainstream pro-gun control. The … Read more