1Q GDP EXPECTATIONS CRATERING

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via Nicholas P. Cheer The verdict was unanimous; tax cuts would lead to a massive jump in economic growth. The Atlanta Federal Reserve GDP NOW estimate used to be one of the most bullish, at over 5%. Now the Atlanta Fed is tracking a 1.8% GDP print. This economy is slowing, and there are implications for … Read more

Facebook: Six Degrees of Giant Squid

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by Raúl Ilargi Meijer Hildegard von Bingen (1098-1179) German artist, philosopher, composer, mystic Cosmic Tree  All of a sudden, politicians in the EU, UK, and USA all want to talk to Mark Zuckerberg. That’s a bad enough sign all by itself. It means they all either have been asleep, complicit, or they’re not very bright. The media … Read more

Stratcom General Warns: The U.S. Is Powerless Against Hypersonic Missile Attacks From China And Russia

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by stockboardasset The United States is extremely vulnerable to future attack via hypersonic missiles and is falling behind in the technological know-how to defend the homeland from the threat, the commander of the United States Strategic Command told the Senate Armed Services Committee on Tuesday. “The first, most important message I want to deliver today is that the … Read more

JUDICIAL WATCH STEPPING UP AGAIN ON CLINTON CORRUPTION WITH NEW FED LAWSUIT

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by TFittonJW JW proved Clinton State Dept became a corrupt arm of Clinton Foundation. Yet, Justice and State Depts seem to be still protecting Hillary Clinton. JW aims to expose and hold Clinton cash machine accountable to rule of law. Doing all the heavy lifting in the face of a DOJ/State inaction and cover-up: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-sues-records-clinton-state-department-protocol-officer/ And … Read more

The world is descending into tyranny

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It wasn’t supposed to happen this way. After the Soviet Union’s collapse in 1991, democracy was supposed to be irresistible. While some of us were more skeptical than others, even cynics allowed that freedom seemed to have the upper hand. Instead, barely a quarter-century along, democracy and political freedoms are newly embattled, as one society … Read more

NYC considers making walking and smoking illegal

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Everything is illegal there, why would anyone ever go there.     NEW YORK (FOX5NY) – If you don’t smoke and you find yourself walking behind someone who does, it can be unpleasant.  Now a New York City Councilman wants to do something about it. “My bill is very simple, no smoking and walking on New York … Read more

Colonel Gaddafi’s son says he would testify against Nicolas Sarkozy

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Saif Al-Islam Gaddafi says he has proof his father paid Nicolas Sarkozy Sarkozy was held by judicial police yesterday and seen leaving at about midnight Held over claims the late Colonel Gaddafi financed his 2007 election campaign Dishevelled 63-year-old was seen today setting off for second day of questioning The son of the late Libyan dictator … Read more

“…deceptively copying user data is the economic basis for a great many, if not most, Facebook, Android and Twitter apps — a fact that is well known in the industry.”

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Julian Assange calling it like it is. If you are not purchasing the product, you are the product. “While the media is focusing on Republican and Democrat campaigns sucking people’s records out of Facebook, deceptively copying user data is the economic basis for a great many, if not most, Facebook, Android and Twitter apps — … Read more

NYC traffic intentionally made horrible to push mass transit.

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Someone the other day had made a post here, questioning whether traffic conditions are intentionally manipulated for certain/specific reasons. Today’s article in the NYPost seems to prove that theory.   Time for some traffic problems in Manhattan! City officials have intentionally ground Midtown to a halt with the hidden purpose of making drivers so miserable that they … Read more

Current account, Existing home sales

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by WARREN MOSLER Q4 worse than expected and prior quarter revised lower, which means downward GDP revisions: Highlights The current-account deficit increased to a roughly as-expected $128.2 billion in the fourth quarter vs the third quarter’s slightly revised $101.5 billion deficit which benefited from $24.9 billion in hurricane-related insurance payments. As a percentage of GDP, the … Read more

The Pandora’s Box has been opened, and the modern internet now faces its toughest test to date.

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Earlier today, reddit moved to censor 100s of communities related to “transactions for certain goods and services” from the platform, as the SESTA/FOSTA bill passed today means that reddit can be held liable for content posted by its users. As the EFF notes, the groups behind this draconian censorship see this only as a first step; Some … Read more

Future Proves Past, Everything Is About To Change

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Facebook is feeling the heat, more and more people are looking into Facebook’s practices, this will spread to other social and search media giants. The push for regulations is on. Zuckerberg and other executives are dumping their stocks at a record pace. US, North Korea and South Korea met in Finland to discuss peace. Putin … Read more

FB, AMZN, GOOG – “Too Big To Fail?”

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by Doug Kass But we likely have entered an important regulatory inflection point The steady ride higher for FANG may now be bumpy and more difficult for investors to navigate Valuations may continue to contract as margins are compressed and ambitious consensus secular growth forecasts are reduced I would avoid Twitter (TWTR) , FANG and most … Read more

DNC DISASTER: Democrats BORROW $2 MILLION Just Months Before 2018 Midterms

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Nine months before critical midterms where Democrats are defending a record number of Senate seats, the national party is falling deeper into debt. The Democratic National Committee (DNC) took out a $1.7 million loan in February, pushing their total debt to more than $6 million, according to recent Federal Election Commission filings. Meanwhile, the party’s fundraising … Read more