America’s Silent $6,000,000,000,000 Crisis With No Solution In Sight

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by Brian Maher via Daily Reckoning America’s silent crisis is no longer… silent. MarketWatch columnist Jeff Reeves has warned that “collapsing pensions will fuel America’s next financial crisis.” “This is not a distant concern,” he adds, “but a system already in crisis.” By some estimates, America’s public pensions alone are sunk in a $6 trillion abyss. … Read more

Ron Paul: Macron’s Visit Has Changed Trump’s Tune – “We’re STAYING In Syria”

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From Dr Paul’s video write up: That was quick! Just a month after President Trump vowed to get US troops out of Syria “like, soon,” a visit from French President Macron has him singing a different tune. Now he’s vowed to remain in Syria to prevent Iran from “controlling the Mediterranean.” Macron even bragged about … Read more

Interfacing With Sleep: MIT Researchers Develop System For Dream Control During Hypnagogic Consciousness

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“There is a borderland between waking life and the uncharted wilderness of sleep that we all traverse each night, but we rarely stop to marvel at the strangeness of this liminal world. If we do, we find that it is full of hallucinations both wonderful and terrifying, a mental goulash of reality and fantasy. Usually … Read more

Comey Gets Triggered After Anderson Cooper Calls Him a Leaker Over and Over Again (VIDEO)

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You did leak memos. I mean is it okay for somebody at the FBI to leak something, an internal document? Even if it’s not classified? Isn’t that leaking?” Anderson Cooper asked Comey. Comey wasn’t happy with Anderson Cooper. “Well there’s a whole lot wrong with your question, Anderson,” Comey replied. “First, I didn’t leak memos. … Read more

The Elite community culture on full display here…

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Port authority Commissioner tries to intimidate and bully two traffic cops for pulling over and impounding a car owned by her daughter’s friends. When she doesn’t get her way, she implies that she will make sure the cops face consequences for their actions. Happy the cops stood their ground against such hubris. ‘You may shut … Read more

The Great Divide – Left v Right

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by Martin Armstrong COMMENT: You are wrong. Trump is the entire reason the country is divided. HR REPLY: I have stated numerous times that this is a global trend. NJow the BBC has taken a world survey on this very question. This is the Ipsos MORI study, which was carried out in 27 countries for the BBC. … Read more

FOR ANYONE WHO’S CLAIMING THAT THERE’S NO DIFFERENCE BETWEEN THE GOP CONGRESS, SAD AS IT IS, AND A DEM-RUN CONGRESS:

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Democratic Majority Would Act Quickly on Guns, Dreamers, Infrastructure, Pelosi Says. They’ve also said raising taxes is a top priority. If Democrats control the House in 2019 they would quickly schedule floor action on gun violence prevention, protections for “Dreamers” and infrastructure, House Minority Leader Nancy Pelosi said Tuesday. “When we win and we take over in January, … Read more

BIG BUSINESS LOVES BIG GOVERNMENT: Google and Facebook Likely to Benefit From Europe’s Privacy Crackdown.

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  “Big tech companies gain while smaller online ad firms are squeezed under the European Union’s GDPR, which takes effect in May.” More from WSJ: When the European Union’s justice commissioner traveled to California to meet with Google and Facebook last fall, she was expecting to get an earful from executives worried about the Continent’s … Read more

BLUE STATE BLUES: Chicago Is Trying to Pay Down Its Debt By Impounding Innocent People’s Cars.

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  “How a uniquely punitive city impound program combined with the drug war and asset forfeiture to deprive people of their vehicles for years at a time.” More from Reason: Byrd had run afoul of Chicago’s aggressive vehicle impound program, which seizes cars and fines owners thousands of dollars for dozens of different offenses. The program … Read more

What Will these Mortgage Rates Do to Housing Bubble 2? 4.73% Now. 5% In A Few Weeks. Then 6%.

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The average interest rate for 30-year fixed-rate mortgages with conforming loan balances – $453,000 or less – and a 20% down-payment jumped to 4.73% for the week ending April 20, from 4.66% in the prior week, according to the Mortgage Bankers Association. This was the highest rate since September 2013. So far … Read more

Carmageddon for Cars: “Cars” Are Scheduled to Die

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The end of an era in the US Auto industry — until $7 gas arrives. “Cars,” as the auto industry defines them, are going to die. Not necessarily the vehicles, though they’re disappearing too, but the category of “cars” because sales have plunged beyond hope, especially for vehicles by the Big … Read more

Its Happening This Weekend – Migrants At U.S.-Mexico Border Prepares For Mass Crossing

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TIJUANA, Mexico (AP) — About 130 Central Americans, mostly women and children, have arrived at the U.S. border with Mexico in a “caravan” of asylum-seeking immigrants that has drawn the fury of President Donald Trump. Two busloads arrived late Tuesday in the Mexican border city of Tijuana at two migrant shelters just steps from one … Read more

FORD: NO LONGER TO SELL MOST CARS IN AMERICA

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Ford today announced it will phase out most cars it sells in North America. According to its latest financial release, the auto giant will “will transition to two vehicles” being the Mustang and an unannounced vehicle, the Focus Active, as the only traditional cars it sells in the region. Ford sees 90 percent of its … Read more