Subprime mortgages make a comeback—with a new name and soaring demand

The subprime mortgage industry vanished after the Great Recession but is now being reinvented as the nonprime market. Carrington Mortgage is now offering mortgages to borrowers with “less-than-perfect credit.” Demand from both borrowers and investors is exceeding expectations.   Subprime stages comeback as ‘non-prime’ loans from CNBC.   They were blamed for the biggest financial … Read more

Is Inflation Finally Moving Higher?

By Lance Gaitan Stock market volatility was front and center last week, mainly because of President Trump’s proposed tariffs and China’s retaliatory threats. Treasury bond volatility, on the other hand, hasn’t been as active. The long-term Treasury yield dropped to a low of 2.97% last week before rebounding to 3.07% last Thursday. Make no mistake: … Read more

They lied about the reasons to go in to Iraq, why wouldn’t they also lie about Syria to get the war they want? — Also this exact “sarin gas” foot in the door was tried in both 2013 and 2016

The invasion in to syria is a false flag, which may have actually happened, but most importantly was most likely caused by the west or the people they back. Assad would not give reason for international invasion just as he’s 99% done winning the war against ISIS. 2016: https://en.wikipedia.org/wiki/Khan_Shaykhun_chemical_attack 2013: http://www.bbc.com/news/world-middle-east-24113553 Read that 2013 BBC article, and … Read more

They WILL BAN The $50 & $100 Bills In The U.S. To Fight The Next Recession

John Rubino interviewed by Jason Burack on Wall St for Main St Jason asks John why the US Dollar hasn’t collapsed despite tens of trillions in central bank liquidity making the money bubble a lot larger since the 2008 financial crisis? Jason and John discuss the global macroeconomic situation along with why gold and silver have not performed while … Read more

Hypocrisy Defined: The Same Gov’t That Spies on Its Citizens is Lecturing Facebook CEO for Same Thing

While Congress lectures Facebook CEO Mark Zuckerberg on the importance of respecting user privacy, they ignore the fact that they are responsible for allowing illegal spying on millions of American citizens. Members of the same government that is responsible for violating privacy laws and illegally collecting data from its citizens, openly lectured the CEO of … Read more

The Swamp Strikes Back? If Trump starts a war in Syria and starts back up TPP, then we are now in Bush’s 5 term, Obama’s 3rd… however you want to count it.

The most globalist agreement the globalists could design is sticking its head back up. Remember, the Federal Reserve bill was called lots of things, and killed lots of times, before it finally was passed and enslaved us all. Trump directs top economic advisers to look at re-entering TPP President Trump has directed his top economic … Read more

Famous figures who should immediately be banned by Facebook

by Jon Rappoport Don’t hesitate. These persons are a danger to the community. Facebook should ban them immediately, before their dangerous word-viruses infect the brains of a billion users. “We are not afraid to entrust the American people with unpleasant facts, foreign ideas, alien philosophies, and competitive values. For a nation that is afraid to … Read more

BREAKING: YouGov study puts Johnson on the spot as OPCW report is risibly misreported by the MSM

by John Ward A YouGov study released today shows that only 1 in 5 British citizens support a missile strike against the Syrian régime. ______________________________________________________ In turn, the Hague-based Organisation for the Prevention of Chemical Weapons (OPCW) has just produced a report ‘at the invitation of the British government’ – three weeks ago, it seems – based … Read more

Employment, Consumer credit, Bank loans

by WARREN MOSLER Highlights In mixed results, March payroll growth of 103,000 is well below expectations but wage indications from average hourly earnings do show a little pressure as was expected, up 0.3 percent on the month with the year-on-year rate up 1 tenth to 2.7 percent. The unemployment rate did not move down which was the consensus, … Read more