Why are Investors in China so Eager to Buy US Homes?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter A whole industry has sprung up on both sides of the Pacific to dodge the rules on both sides of the Pacific. Today, the Federal Reserve, in its function as banking regulator, wagged its finger at Industrial and Commercial Bank of China (ICBC) for insufficient procedures to detect illicit money transfers and other … Read more

Nicoski on Market Breadth, Foreign Investors Fleeing US Bond Market

by FS Listen to this podcast on our site by clicking here or subscribe on iTunes here. Though we’ve seen markets swing a bit recently, we’re still in positive territory for the year. This time on Financial Sense Newshour, we spoke with Dave Nicoski of Vermillion Research for his take on whether recent pullbacks hint at a more significant correction, … Read more

FBI Continues to Skirt Court Order to Turn Over McCabe Communications. Judicial Watch says bureau refusal shows contempt for rule of law

by TFittonJW Sara Carter provides update on big Judicial Watch lawsuit that gets to the heart of FBI corruption related to the Clinton email non-investigation: https://saraacarter.com/fbi-continues-to-skirt-court-order-to-turn-over-mccabe-communications/ Judicial Watch trying to smash through the stone wall by corrupt DOJ/FBI. We know the texts are there and our legal team will keep on pushing. https://www.judicialwatch.org/press-room/press-releases/retired-fbi-special-sues-justice-department-records-top-fbi-official-ties-top-clinton-ally/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-statement-fbi-deputy-director-andrew-mccabe/ Brief … Read more

Merchants of Death: Who is to Blame for America’s Mass Shootings?

We are caught in a vicious cycle. With alarming regularity, the nation is being subjected to a spate of violence that terrorizes the public, destabilizes the country’s fragile ecosystem, and gives the government greater justifications to crack down, lock down, and institute even more authoritarian policies for the so-called sake of national security without many … Read more

Pelosi condemned Tillerson's nomination because he is a Putin puppet. Now she's claiming he was fired because he stood up to Putin.

I love when they do this, it makes it so easy to point out their hypocrisy. Tillerson hired = “He is a Russian puppet” Tillerson fired = “This is the act of a Russian puppet” Who is more low IQ, the person saying such obvious contradictions or those who actually believe?   h/t imveryhongry

Suggestion: Keep a list of politicians who call for the violation of the inalienable rights of the individual so people can easily see who should replaced.

by Crikes If there are any political activists out there, you should start maintaining a list of those in office who are the enemies of humanity. Anyone who has in any way betrayed their oath of office, or condoned the violation of inalienable rights of the individual. Maybe organized by territory so we can all … Read more

Real earnings, Saudi output and pricing

by WARREN MOSLER Real Earnings News Release All employees Real average hourly earnings for all employees were unchanged from January to February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.1-percent increase in average hourly earnings offset by a 0.2-percent increase in the Consumer Price Index for All Urban … Read more

ETHICS GUIDELINES? THAT’S FOR LITTLE PEOPLE

The Washington Post, to its credit, established social media guidelines as long ago as 2011. (The New York Times only followed suit last year). Those guidelines seem to be founded on a self-image of honest and brave truth-seeking reporters able to separate their own biases from what they tweet, lest the sterling reputation of The Washington Post be sullied: Social-media … Read more