DOJ Charges Baltimore Police Commissioner With Failure To File Taxes

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by stockboardasset Baltimore Police Commissioner Darryl De Sousa acknowledged Thursday that he failed to file federal and state income tax returns for three consecutive years after the Department of Justice (DOJ) slapped him with three misdemeanor counts of failure to file taxes. In a statement published on Twitter, De Sousa said: “there is no excuse for my failure to fulfill … Read more

How Safe Are We? Our Blindness to Systemic Dangers

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by Charles Hugh-Smith How do we explain our obsession with relatively low risk dangers and our collective blindness to manufactured/marketed scourges that kill tens of thousands of people annually? If you’ve bought a new vehicle recently, you may have noticed some “safety features” that strike many as Nanny State over-reach. You can’t change radio stations, for … Read more

Hottest & Coldest Luxury Housing Markets in the World

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Prices boil over in some cities and hot air hisses out of others. So how is the luxury housing market doing in the top cities around the world, as they’re facing “significant risks ahead in the form of rising debt, inflation, and greater housing market regulation?” Knight Frank’s Prime Global Cities Index rose … Read more

Stocks Set Up For A Big Rally

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by Daniel Carter Two weeks ago, I wrote an article explaining why I thought the stock market would have one more major rally before the end of this economic cycle. In that article, I explain that jobless claims are still shrinking, the yield curve is still flattening, and investor sentiment is not euphoric. All of these … Read more

Is Russia Really Trying To Subvert US Democracy?

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by Daniel Carter Possibly. We would have to unspin the US government’s lies to gain any substantive insights on the matter. They have lied to and manipulated US citizens far more than Russia could ever dream. However, that does not mean Russia is innocent. They and others see US supremacy waning, which makes it easier for … Read more

The Striking Similarities Between SJWs and Evangelicals

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by Daniel Carter Over the past several years, the Social Justice Warrior movement has swelled to become a formidable beast in the US. Anyone who does not follow their strict doctrine is lambasted with terms such as “fascist”, “racist”, “mansplainer“, “deplorable” and an abundance of other dehumanizing insults. SJWs have corrupted academia, the media and politics. … Read more

The Fed Is About To Kill The Credit Boom

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via Gary Gordon Summary Household debt levels may not be as menacing as they were in the previous credit boom-bust cycle. On the other hand, corporations have never been as leveraged as they are right now. Excesses in corporate credit preceded each of the three previous recessions. Ten years ago, one-third (33%) of corporations carried lower-quality … Read more

We Are Coming Off Of One Of The Most Extreme Periods Of Overvalued, Overbought, Overbullish Enthusiasm In Market History

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by Hussman Funds Doug Hussman has come up with a future market performance indicator so accurate, it’s difficult, over a 50+ year term, to see where the predictions ended and the actual performance began. The catch? It’s deadly accurate foretelling stock market returns over the coming 12 years. Not next week, not next year. The … Read more

Raoul Pal: What Will Happen to Pension Funds During the Next Recession?

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In this hard-hitting Real Vision special, Raoul Pal presents the single most important financial topic of a generation — the Baby Boomer retirement crisis. He asks the hard questions: Can you afford to retire? How will the coming crisis impact your life? What risks are you unknowingly taking with your retirement? Moreover, will the insufficient … Read more

FBI Had A Spy In Trump Campaign

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https://youtu.be/03n6eO25SH8 Good morning, I’m still reporting on: FBI Had A Spy In Trump Campaign!, 2210 Synopsis: According to Sarah Carter, the FBI had planted a spy in the Trump campaign. [insert] Yup, that’s why they have gone to such efforts to hide critical documents, risking impeachment, disgrace and banishment from ever serving in government again. … Read more

Both Amazon and Google are now going after each others’ core businesses.

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Amazon wants in on the digital advertising (and they have LOTS of shopping/product-searching data to mine), and Google is partnering with Wal-Mart and Target for e-commerce. Google doesn’t have just search data, they have whole browsing history, geographic movements (Maps), your emails, offline purchases with Android Pay, etc. Amazon knows what you bought on Amazon, … Read more

Depraved US Deep State Now Unwinding

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https://www.youtube.com/watch?v=qa-4NO0Sidw Resignations preserve reputations, influence and pensions undeserved and denies the people the Justice they know is already behind schedule. The real problem is how to deliver Justice without prompting riotous behavior regardless of the motivation. TB

End is near? “Panasonic rattled by high-maintenance partner Tesla,increasingly hesitant to make further commitments”

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“He’s in no position to say something like that,” said a Panasonic executive. Tesla’s production has gone through “a speedy setup when viewed from a long-term perspective,” Panasonic President Kazuhiro Tsuga said at Thursday’s earnings conference. But the company remains hesitant to commit to further investment with the electric car maker. That caution stems in … Read more

If you just got a new job that pays more than your current job. Tips on what you should do with the income boost?

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by reddituser0071 Most definitely don’t increase your lifestyle. Then start the following steps. Use this raise as an opportunity to accelerate your financial goals. Get on a budget and give every dollar a name before the month begins. Don’t add any debt. Step 1 Save 1000$ as a starter emergency fund. This is only a small cushion … Read more

If you are in SF, NYC, or another HCOL area. Your biggest expenses are going to be taxes and housing, with transportation likely a distant third. If you can get the big expenses down, you can eat all the avocado toast you want.

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Guest post by csp256 There is only so much you can do to minimize taxes, but here are the two biggest ways: Contribute the maximum to your 401k (there are several ways of accessing it early; don’t worry) Get a high deductible health care plan and contribute the maximum to your HSA. Leave the money … Read more