Now Even a Fed Dove Homes in on the “Everything Bubble”

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Bonds, junk bonds, spreads, commercial real estate, leveraged loans, over-leveraged companies… all get named as risks to the banks. This is why tightening will continue. “If we have learned anything from the past, it is that we must be especially vigilant about the health of our financial system in good times, … Read more

66% of people between age 21 and 32 have $0 saved in Employer-sponsored retirement plans

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by hokutenkishidan The report is based on an analysis of the 2014 Survey of Income and Program Participation (SIPP) data from the U.S. Census Bureau. It examines the distinct challenges posed by the current retirement system in America for working Millennials between the ages of 21 and 32. https://www.nirsonline.org/2018/02/new-research-finds-95-percent-of-millennials-not-saving-adequately-for-retirement/ This only looks at retirement accounts … Read more

State of Iowa Takes First Steps to Make California Look like the LAUGHINGSTOCK of the Nation

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https://www.youtube.com/watch?v=r-osaU4JTHY Rod Kackley for PJ Media reports, New state law now bars Iowa cities and counties from being sanctuaries for fugitive illegal immigrants under legislation signed by Gov. Kim Reynolds (R). Municipal leaders who choose to ignore the new law face a cutoff of state funding. Read More/Source/Credit/FairUse: https://pjmedia.com/news-and-politics…

Texas congressman Blake Farenthold uses $84,000 from taxpayer money to settle sexual harassment lawsuit, simply resigns to avoid paying it back and dodge ethics ruling

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Congress’s tax payer sexual harassment slush (hush) fund was reported about at the end of last year and the claim was congress has used $17MM+ of tax payer money over the last 20yrs to coverup their sexual harassment (or worse) allegations. Former GOP Rep. Blake Farenthold‘s (R-Texas) sudden resignation announcement earlier this month was prompted by an impending … Read more

House to vote on draft farm bill with food stamp changes

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https://www.youtube.com/watch?v=pEaAe2Nr4wI The House Agriculture Committee approved a five-year farm bill on Wednesday that includes revisions to the food stamp program. Able-bodied adults without children who are on food stamps will be required to work. The program currently covers some 40 million families or individuals who are food insecure. RT America’s Manila Chan reports.

Operation Corner The Deep State, Event Possible

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The deep state is in trouble, the puppets are stabbing each other in the back and they are trying to survive what is coming. The criminal investigation is about to begin and they are getting nervous. California will now allow the National Guard in, they had no choice. White House and Russia had talks behind … Read more

Big Pharma’s $6 Billion Tax Deduction Under Fire

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OK, so everyone knows who will pay for this right?   At a time when prescription drug prices are rising, some lawmakers think the government should stop giving tax deductions to pharmaceutical companies’ advertising expenses. This is a battle that has gone on for years, with various proposals to eliminate the tax deductions being proposed and … Read more

Just another example of how the state is merging with corporations to spy on your every move.

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Amazon filed a patent to de-anonymize Bitcoin transactions and sell the data to law enforcement In 2014, Amazon applied for a patent that would help de-anonymize crypto currency transactions and then sell that information to law enforcement and government agencies. Although Bitcoin was never meant to be totally private, the patent looks to remove almost all levels … Read more

If they can do this to the people of Flint, they can just as easily do this to the people of any other mostly poor city…

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Despite overwhelming public outcry from Michiganders, Michigan approved a request by Nestle to increase the amount of water it pumps from the groundwater in Michigan by 167 percent. Then, just 4 days later, Michigan Governor Rick Snyder announced that he would be terminating the bottled water program that had been providing Flint, MI with a short … Read more

Over 100,000 people in the US die each year from adverse reactions to prescription drugs prescribed by a doctor and taken in accordance with a doctor’s order, making it the 4th leading cause of death.

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Seems like the FDA has its priorities all f*cked up. Where’s the big-monied kratom lobby when we need it? And why doesn’t the media ever talk about this? Probably because big pharma spends millions on ads, and media execs own lots of stock in pharma companies.   ADRs: Prevalence and Incidence The first question healthcare … Read more

How Good Is the Corporate Establishment Media

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by Jesse Pretty strong stuff in this video. Remember the ‘chair throwing’ incident at the Nevada convention that was widely reported? This may be the result of the concentration of the ownership of media and the overturning of the ‘fairness doctrine’ along with the gutting of the FCC. I doubt that MSNBC is worse than Fox News … Read more

The Fed Has Forgotten The Lessons Of 2008

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by Jesse Colombo A few days ago, Neel Kashkari, president of the Minneapolis Fed, told an attendees at an event at Howard University that Wall Street is “forgetting the lessons of the 2008 financial crisis“: “The shareholders got bailed out. The boards of directors got bailed out. Management got bailed out. So from their perspective, … Read more