Time Is Running Out For Atlanta In Ransomware Attack

Time is running out for the city of Atlanta, which was given until Wednesday to pay off the cyberattackers who laid siege to city government data and are threatening to wipe the computers clean. But, as Georgia Public Broadcasting’s Emily Cureton reported for NPR, even if officials authorized the six-bitcoin ransom payment — currently worth … Read more

THE END OF THE ROAD, A DOLLAR CRISIS OR A FINANCIAL CRISIS ?

h/t @OccupyWisdom 2s-10s: 47bpsLibor-10s: 43bps pic.twitter.com/XN9klMy6Xy — zerohedge (@zerohedge) March 29, 2018 "Equity market sell-off was due to a repricing of growth expectations rather than ‘Trade War Fears’ due to the continued decline in the rate of money supply growth" https://t.co/3Y8n5IsR5X $SPX $VIX — Alastair (@StockBoardAsset) March 29, 2018 Chart (@MBAMortgage): US home purchase mortgage application … Read more

David Rosenberg: 5 Indicators Show That We Are at a Cyclical Peak

BY JOHN MAULDIN The FAANG stocks have ruled the technology sector the last few years and have had a heavy influence on the entire stock market. Apple is the world’s most valuable company by market capitalization, with Amazon and Google not far behind. So anyone indexing US large-cap equities—which means almost anyone with investment capital—simply must own them. Here’s … Read more

False Flags and their history, and why is it still a huge taboo despite the evidence of their existence in recent history?

We all have been subject to at best a raised eye brown, but for the most part instant ridicule, whenever a question about possible falls flag action is raised. History has shown us that governments across the world are indeed executing falls flag actions of various degree and severities. From declaring wars: https://en.wikipedia.org/wiki/Shelling_of_Mainila https://en.wikipedia.org/wiki/Gleiwitz_incident Some … Read more

Bank of Montreal has blocked all credit, debit and online payments to crypto-currency exchanges because they claim Bitcoin

The Bank of Montreal has blocked all credit, debit and online payments to cryptocurrency exchanges because they claim Bitcoin is too volatile. The legacy financial system remains the biggest single point of failure to the success of crypto markets. The Bank of Montreal has blocked all credit, debit and online payments to cryptocurrency exchanges because … Read more

Do Stocks Really Like Higher Rates?

by Lance Roberts LPL Research recently penned an interesting post entitled “Why Stocks Like Higher Rates.”  “What does it mean for equities if rates and yields do indeed go higher? Fortunately, to the surprise of many, stocks historically do very well when rates increase. Since 1996, stocks gained all 11 times we saw higher rates,”  Here is … Read more

This is rich: Seattle socialist councilmember Kshama Sawant says we need to “fight for our rights”

by DCG And she’s not speaking about the Second Amendment right. She’s speaking about the right to tax big businesses to solve the city’s homelessness crisis… From MyNorthwest.com: The city’s latest attempt at a business head tax will not only solve the homelessness crisis, it will help the affordable housing problem, too, Seattle Councilmember Kshama Sawant argues. “This … Read more

Mexican Drug Kingpin Smuggled Enough Fentanyl To ‘Kill Millions’ In NYC

by stockboardasset An alleged Mexican drug kingpin and five of his accomplices have just been indicted for smuggling enough fentanyl from Mexico into New York City “to kill millions,” officials announced Tuesday. An undercover investigation by the U.S. Drug Enforcement Administration, NYC Special Narcotics Prosecutor Unit, and local law enforcement agencies discovered that San José del … Read more

Ambassador Haley: The US is capping its funding of the UN

The US will no longer shoulder more than 25% of the multibillion-dollar costs of the UN’s peacekeeping operations, Nikki Haley said. “Peacekeeping is a shared responsibility…all of us must step up.”   The United States will no longer shoulder more than a quarter of the multibillion-dollar costs of the United Nations‘ peacekeeping operations, Washington’s envoy said … Read more

ECRI’s Lakshman Achuthan: Our Long-Leading Index Has Turned Down

by FS The following is a summary of our recent FS Insider podcast, “ECRI Forecasting Global Economic Slowdown for 2018,” which can be accessed on our site here on iTunes here. When we last spoke to Lakshman Achuthan, co-founder of the Economic Cycle Research Institute (ECRI), early 2017, he told us their long leading index had turned up, indicating a … Read more

Banks & Builders Want New Property Bubble In Spain, Government Obliges

“This plan, far from solving or alleviating the problem, is likely to make it a whole lot worse.” By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Spain’s second biggest bank, BBVA, just announced that it’s resurrecting the 100% mortgage, a high-risk loan instrument that notoriously helped fuel Spain’s madcap property boom. For the first time in … Read more

Huge rate cut for Hillary speeches — down 85%

Former Democratic presidential nominee Hillary Clinton is back in New Jersey Thursday for a rare public appearance since she lost in her bid for the White House against President Donald Trump. Clinton is expected to talk politics, American democracy and her role in shaping women’s political history. Rutgers will pay Clinton $25,000 from an endowment but … Read more

IT’S THE SPENDING, STUPID

  Why Are States So Strapped for Cash? There Are Two Big Reasons. “The proportion of state and local tax revenues dedicated to Medicaid and public pensions is the highest since the 1960s.” And of course there wasn’t even any Medicaid until the 1960s. More: The only speaker standing between state budget officers and the opening … Read more

George Soros Is A Leading Shareholder In Netflix

by Dr. Eowyn  Red Pill reports for The Goldwater, March 28, 2018, that Susan Rice, Obama’s national security adviser and UN ambassador, has been hired to Netflix Inc’s board of directors, “but most Americans seem to forget that George Soros is a leading shareholder in the company.“ Red Pill is right. Soros indeed is a leading shareholder in Netflix, through his privately-held investment … Read more