When the Can Won’t Be Kicked: Public Safety Layoffs to Fund Pensions

via Wirepoints: It’s starting to get real. There has been so much ink spilled regarding underfunded pensions and municipal bankruptcies, but outside of so much journalistic hand-wringing, it’s been pretty easy, like with the ever-escalating federal debt, to say, “So what?” None of it seems to matter. None of it seems real. Nothing seems to change … Read more

The Global Economy Is Slowing, Credit Card Defaults Hit 6 Year High…. Saxo: The Word Economies Are Synchronically… Falling!

The Global Economy Is Slowinghttps://t.co/F1wuhNPhRP — Daniel Lacalle (@dlacalle_IA) April 17, 2018 Credit card defaults hit 6 year high. (S&P/Experian Default Index) Credit risk seems abundant. pic.twitter.com/3bsdGSegf1 — Mark Johnston (@CovfefeCapital) April 17, 2018 https://twitter.com/_globalmacro/status/986206993735090176 "60+ day delinquency rate of subprime auto loans has now risen to 5.8%, up from 5.2% a year ago, and … Read more

2018: Uber, Netflix &Tesla – Huge Valuation / No Cashflow

2018: Uber: Huge Valuation / No CashflowNetflix: Huge Valuation / No CashflowTesla: Huge Valuation / No Cashflow$nflx $tsla #netflix pic.twitter.com/J0qa5wu5MF — Reminiscences of an American Capitalist (@4Awesometweet) April 16, 2018 “#FANG is not a set of four companies. It’s an idea. There are FANG stocks every generation, every decade. Nothing stays on top forever.” “#FANG … Read more

LAWSUIT ALERT: James Comey illegally took and then leaked material from FBI memos to get a Special Counsel appointed to target President Trump.

by TFittonJW Now Judicial Watch is asking q’s about whether Mr. Comey is getting special treatment from FBI to use these docs in his book. Someone has to do the heavy lifting for accountability. Judicial Watch sued again today for Comey book docs. We suspect special treatment: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-sues-fbi-comey-book-documents/ Here’s a background vid on our first lawsuit:

Big Changes Are Afoot: February’s Stock Market Correction Proved Things Are Changing

by Adam Hamilton of Zeal LLC The mega-cap stocks that dominate the US markets have enjoyed an amazing bull run.  But February’s first correction in years proved things are changing.  With that unnatural low-volatility melt-up behind us, it’s more important than ever to keep leading stocks’ underlying fundamentals in focus.  They help investors understand which major American companies … Read more

Ed Schultz: MSNBC Fired Me for Supporting Bernie Sanders, ‘They Were in the Tank for Hillary Clinton’

Comcast or GE owns MSNBC. This is how media influences elections and wars. Bernie Sanders obviously posed a threat to the system at large or currently in place. What is it about his political leanings that threaten them more than others? Ex-MSNBC host Ed Schultz in a recent interview ripped his former network as “in … Read more

The Big Market Tops

by northmantrader Following the exuberance in January and subsequent corrective actions in February and March and now into April there has been a lot of speculation that markets may have topped in this cycle or are in the process of topping. While earnings are expected to hit record highs in 2018 due to the recent tax … Read more

£6.3m worth of BAE missiles were fired in Syria. British PM Theresa May’s husband’s company, Capital Group is the largest shareholder in BAE

£6.3m worth of BAE missiles were fired in Syria. May's husband's company, Capital Group is the largest shareholder in BAE pic.twitter.com/k3XT8hZ6SZ — Mr Ethical 🚩 (@nw_nicholas) April 17, 2018 Philip May, husband of the UK prime minister, works for a company that is the largest shareholder in arms manufacturer, BAE Systems, whose share price has … Read more

Several states adding ‘In God We Trust’ to classrooms – Tennessee, Arkansas, Florida lead with South Carolina, Wyoming, Arizona, Alabama, Oklahoma set to propose similar legislation..

Lawmakers in several states are moving legislation to require schools and other government buildings to prominently display the national motto – “In God We Trust.” Tennessee lawmakers approved a measure last month to require “In God We Trust” to be posted on school property for students to view each day, and the bill now awaits … Read more