US-Led Coalition Hits Syrian Army Base – Reports According to the SANA News Agency, US-led Coalition Air Forces struck several positions of the Syrian army in the eastern Syrian desert. According to Reuters and AFP, the strikes allegedly took place near an energy installation located near the Iraqi border, about 100 km (60 miles) west … Read more
By Harry Dent Two big news items in the last 24 hours have grabbed my attention. The first is Congress’s approving a bill to roll back the Dodd-Frank Act. If this passes, smaller financial institutions will find relief from the strict rules that have applied to Wall Street banks since after the 2008 crisis. This … Read more
The deep state is trouble, Comey, Clapper, Brennan and others are in deep trouble. The deep state has been setting up the surveillance state for a long time. UK allow Yulia to make a scripted speech, Russia would like to speak with their Russian citizen. North Korea invites journalists to watch them destroy their nuke … Read more
by stockboardasset Amazon has been marketing its facial recognition platform, called Rekognition, a deep learning-based image and video analysis, to law enforcement agencies in Oregon and Orlando, according to recent documents acquired by American Civil Liberties Union (ACLU) of Northern California. The ACLU alleges that Amazon is marching society towards a dystopian future in which corporations and governments … Read more
Robert Barnes: Technically, Trump blocks nobody; Twitter performs the blocking function based on its app. If Trump cannot block people w/o violating First Amendment, how can Twitter block people w/o violating First Amendment? Therefore, Twitter cannot block people. How do you like that, Jack? Robert Barnes: That is what my suit against Twitter pending … Read more
The House Committee on the Judiciary recently approved the proposed “Formerly Incarcerated Reenter Society Transformed Safely Transitioning Every Person Act” “FIRST STEP Act.” I’d really like to wring the neck of the folks who come up with these acronyms, but … well … if I did I’d end up in prison, so I guess I … Read more
by Money Metals When you can lie about money, you can lie about anything. ~David Morgan We can argue about the definition(s) of inflation until the cows come home – some economists spend a career trying to nail it down. But for clarity’s sake, we’ll use the definition of the Austrian School (Mises.org) as an increase in … Read more
By Rodney Johnson I’ve spent the last few weeks diving deeper into the pension mess in the U.S. while researching for the June issue of Boom & Bust, due out to subscribers this week. And I’ve come to a conclusion. We’re in deep trouble. Some things are obvious. Puerto Rico, which I didn’t write about because it’s on display for the world to see, will NOT … Read more
https://www.youtube.com/watch?v=pXrm_3exe1o Jack Davis for the Western Journal reports, White House press secretary Sarah Sanders on Monday celebrated the confirmation of Gina Haspel to lead the CIA with a reminder of how much Democrats who claim to be the chief advocates for women have tried to block their ascent since President Donald Trump took office. Read … Read more
by Fabius Maximus Summary: Advocates for open borders rely on a series of fallacies. They are unquestioned in the major news media, but easily debunked. (1) We need immigrants to keep the economy growing! This is endlessly said, but has little basis in fact or logic. There are three easy rebuttals. First, we are beginning a … Read more
by jessefelder Eric Cinnamond has been called, “the godfather of small cap absolute return investing.” From 1998 to 2016 he ran an equity investment strategy that handily beat the 8% average annual return of the Russell 2000 Index. But what’s even more impressive is he did this while holding an average cash allocation of about 40% … Read more
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent bond bloodbath in Italy as we see a chain reaction throughout Europe and the United States. Italian 2 year yields spiked most since October 2014 and Italian 10 year yields spiked most since November 2014, the ECB is in a panic as … Read more
https://www.youtube.com/watch?v=z1x__61FUbI Keep up the good fight! AC
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by Chris Black Motto: In a world of universal deceit, telling the truth is a revolutionary act. War is peace. Freedom is slavery. Ignorance is strength-George Orwell A sixty year old Swedish man was accused of hate-speech, an Orwellian term that feels like home in Sweden (and other progressive EU countries by the way) nowadays, … Read more
by visualcapitalist Every year, the Lawrence Livermore National Laboratory, a federal research facility funded by the Department of Energy and UC Berkeley, puts out a fascinating Sankey diagram that shows the fate of all energy that gets generated and consumed in the United States in a given year. Today’s visualization is the summary of energy consumption … Read more
by John Rubino Back in the 1990s we did our first cash-out refi. And it was amazing. The bank lowered our monthly mortgage payment AND wrote us a check for $16,000. I told that story to everyone I met for months afterward, and they were, without exception, astounded. That, in a nutshell, is the refi … Read more
James Clapper (the Director of National Intelligence) flat out lies to the Senate when asked whether or not the NSA is spying on American citizens. The MSM has been trotting this jackass out as a leading “Resist Trump” goon for a while now. He clearly lied under oath to Congress in this clip about something … Read more
Outing of FBI informant underscores British spy service’s ties to shadowy Trump investigations https://www.washingtontimes.com/news/… FBI Informant Stefan Halper Paid Over $1 Million By Obama Admin; Spied On Trump Aide After Election https://www.zerohedge.com/news/2018-0…
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The impact on homebuyers and the market, in dollars and cents. The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) and a 20% down-payment jumped to 4.86% for the week ending May 18, the Mortgage Bankers Association (MBA) reported this morning. This is up from 4.73% a … Read more