BLUE STATE BLUES: Swamped by Growth, Silicon Valley Weighs Taxing Big Employers.

by

via WSJ: It is unusual for cities to opt for a direct tax on employment to fund housing or services, said Jared Walczak, an analyst at the Washington, D.C.-based Tax Foundation, a conservative-leaning research group that tracks U.S. tax policies. Cities usually try to incentive growth, keeping business taxes low or concocting tax incentives. But … Read more

BREAKING: ACTIVE Shooter – MIDDLE SCHOOL in INDIANA

by

NOBLESVILLE, In. — An active shooter situation has been reported at a middle school in Noblesville, Indiana. The shooting was reported just after 8 a.m. Friday at Noblesville West Middle School, located at 19900 Hague Rd. http://wgntv.com/2018/05/25/active-shooter-situation-at-indiana-middle-school-suspect-in-custody-report/ The following is an email a student sent to his parents while he was on lockdown at Noblesville West … Read more

Riskiest Junk Bonds Still Blissful in La-La Land, High-Grade Bonds Bleed. Apple’s Fault?

by

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The Fed will keep tightening until these junk bonds buckle. High-grade corporate bonds have had a hard time. Yields have surged as prices have fallen. The S&P bond index for AA-rated corporate bonds is down 3.2% so far this year. Losses are concentrated on bonds with maturities of 15 years and over. They’re … Read more

Is AMD just a meme stock?

by

by Veranova There are very few chip makers in the world, and AMD is one of them. Intel is losing its performance lead in the desktop market AMD drives every major games console AMD is benefiting from blockchain technology (which won’t be dying in the immediate future, but that’s another debate) AMD is a downtrodden stock … Read more

Is The FDIC Preparing For Another Credit Crisis?

by

New homes sales have declined and now we are seeing existing homes declining. Trump is now distancing himself from Mnuchin, is Mnuchin the next person to be fired? FDIC is preparing for the next credit crisis, the corporate media is reporting profits but this only because of the tax breaks, there have been no profits … Read more

GDPR Compliance: “Explain Like I’m Five” with Data Privacy Expert

by

Jodi Daniels, data privacy expert and former SVP of Enterprise Privacy Compliance at Bank of America, explains the fundamentals of GDPR and what IT must do to comply. Jodi is also the founder of Red Clover Advisors, a data privacy consultancy that assists companies with GDPR compliance, operationalizing privacy, digital governance, and online data strategy. … Read more

FAKE WELFARE RECIPIENT: Former Spokane NAACP president Rachel Dolezal facing felony theft charges for welfare fraud.

by

SPOKANE, Wash. – Former Spokane Chapter NAACP President Rachel Dolezal is now facing legal trouble that could land her behind bars. KHQ has confirmed that Dolezal, who legally changed her name to Nkechi Diallo in 2016, is accused of 1st Degree Theft by Welfare Fraud, Perjury in the 2nd Degree, and False Verification for Public … Read more

BREAKING:Two men blow up IED inside Indian restaurant in Canada, multiple injuries

by

Explosion at Indian Restaurant Outside Toronto Appears to Be a Bombing. Canadian police are investigating an explosion at the Bombay Bhel Indian restaurant in Mississauga, near Toronto, earlier this evening. According to police, two men entered the restaurant and set off an incendiary device, wounding 15. Three of the victims are critical. Peel Regional Police … Read more

THIS IS MY SHOCKED FACE: DOJ Employee Donations Overwhelmingly Favor Democrats.

by

  via dailycaller: Political donations from those who work at the Department of Justice (DOJ) overwhelmingly favor Democratic candidates so far this cycle, data shows. Individuals at the DOJ have contributed a total of $192,534 so far this election cycle, with $159,800 (83 percent) of this amount going to Democrats. Republicans, on the other hand, have been … Read more

WELL, YES: Venezuela is now a dictatorship.

by

via theconversation: Maduro is not alone in the world. In recent years, Venezuela has rebuilt its strategic global alliances, giving clear preference – in the form of oil diplomacy and insider access to Latin American politics – to countries that share Maduro’s world view and governing style. The regime’s relationships with the authoritarian governments of … Read more

Will Banks Start Trading in Cryptocurrency Soon?

by

Bitcoin was established nearly 10 years ago. Since then, crypto and digital currencies have spent the majority of their existence on the fringes. A tech-savvy minority were the first adopters of the decentralized blockchain technology. However, with the many stories of huge financial gains, and a technology that has proven time after time how useful … Read more

Supply-Side Shock: Norwegian Salmon Prices Are Going Wild

by

by stockboardasset Norwegian salmon spot prices just tagged a historical high as faltering supply combines with increasing global demand. This has unleashed a perfect storm sending prices above a multi-year neckline of NOK 70 (€7.48/$8.66), and tagged fresh highs around NOK 80 (€8.40/$9.90) — however, this price surge is not sustainable and unlikely to last for … Read more

The 2020s Might Be The Worst Decade In U.S. History

by

via John Mauldin  I recently wrote about a looming credit crisis that’s stemming from high-yield junk bonds. The crisis itself will have massive consequences for investors. But that’s not the worst part. The crisis will create a domino effect and trigger global financial contagion, which I usually refer to as “The Great Reset.” The collapse of high-yield … Read more