McDonald’s CEO says ROBOTS are better

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McDonald’s CEO: We are evolving the business in a meaningful way from CNBC. McDonald’s has been systematically adding self-service ordering kiosks and table service to stores as it works to “build a better McDonald’s.” “What we’re finding is when people dwell more, they select more,” CEO Steve Easterbrook said. “There’s a little bit of an … Read more

Social Security dips into reserves – “get ready for 2/3 benefits” in a few years

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Social Security trust fund again projected to run dry in 2034 via marketwatch: Medicare’s finances were downgraded in a new report from the program’s trustees on Tuesday, while the projection for Social Security’s stayed the same as last year. Medicare’s hospital insurance fund will be depleted in 2026, said the trustees who oversee the benefit program in … Read more

What inflation means for gold prices

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What I can say with full confidence, though, is that prices will rise – for producers and consumers alike – which is good for gold but a headwind for continued economic growth. From Frank Holmes at Frank Talk: Higher Inflation Has Historically Meant Higher Gold Prices The good news in all this is that higher inflation … Read more

Schultz: The $21 Trillion U.S. National Debt Is the ‘Greatest Threat… Total U.S. Public Debt & Interest Expense Hit a New Record High

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Howard Schultz: The $21 trillion national debt is the ‘greatest threat domestically to the country’ – CNBC Howard Schultz rips Democrats for veering too far left from CNBC. “I think the greatest threat domestically to the country is this $21 trillion debt hanging over the cloud of America and future generations,” Schultz tells CNBC. He … Read more

Cable News: Everything Is ‘Constitutional Crisis’

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The Chicken Littles of cable news are in a full-scale panic over the latest fantasy disaster that hasn’t happened yet. Over the weekend, TV talking heads burst into flame in anticipation of the supposed “constitutional crisis” that might ensue if President Trump were to pardon himself – which he has not done, and which his … Read more

Personal Savings Rate down to 2005 levels

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by wanmoar This is a chart of the % of disposable income put toward savings in the U.S. compared to inflation and prevailing 3 month CD rates. Personal Saving as % of Disposable Income Infogram As is clear, it was a secular downtrend until Q3 2005 starting what was to be an 8 year upward drift to … Read more

Sleepy Chuck Todd Blames President Trump for Samantha Bee Calling Ivanka Trump a C*nt

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https://www.youtube.com/watch?v=R8rqvTMq6vc Jim Hoft for the Gateway Pundit reports, On Wednesday night far left comedienne Samantha Bee called Ivanka Trump a c*nt. Her far left audience thought this was hilarious. NBC’s Chuck Todd blamed her actions on President Donald Trump. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…

Cali Border Wall Gets ‘Anti-Climbing Plate’ Upgrade

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https://www.youtube.com/watch?v=On2jqEP2Qso Jack Davis for the Western Journal reports, A 14-mile section of the current border wall between the U.S. and Mexico will be replaced with a section that features a vertical “anti-climbing” plate to help reduce the number of illegal immigrants crossing into America from the porous Southern Border. Read More/Source/Credit/FairUse: https://www.westernjournal.com/cali-b…

U.S. Senate Majority Leader Mitch McConnell canceled the Senate’s traditional August recess, citing Democrats’ “historic obstruction” to pass legislation.

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Watch the latest video at foxnews.com Senate Majority Leader Mitch McConnell announced Tuesday that he’s canceled most of the chamber’s traditional August recess, citing Democrats’ “obstruction” and the need to pass spending bills. In a brief written statement, he said: “Senators should expect to remain in session in August to pass legislation, including appropriations bills, … Read more

BEN SHAPIRO: Are Democrats Blowing It?

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Are Democrats Blowing It? Instead of playing nice with Trump, while stoking the flames of anti-Trump ire with their base, Democrats promised a deus ex machina: Trump would flame out, retire, be impeached, be prosecuted by Robert Mueller for Russian collusion, and all the rest. Trump wasn’t merely a bad guy — he was the … Read more

Nobody knows where the next crisis will erupt… here’s how to prepare

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by Simon Black http://traffic.libsyn.com/sovman/2018-06-04.mp3 Last week, Paolo Savona, an Italian man no one outside the country had ever heard of, was denied the position of finance minister. Italy’s President denied his appointment because Savona is anti-euro. The President believes Italy should remain part of the euro. I wrote a Notes about the entire situation last week. … Read more