Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Just add tax cuts and ballooning expenditures. The media chose to silence the report to death. “If a tree fell in a forest and nobody heard it, did it really make a sound?” asks our favorite fiscal gadfly and Director of Research at Truth in Accounting, Bill Bergman, referring to the … Read more
by Chris Black With the mainstream media obsessing over Russia collusion conspiracies, this story slipped quietly under the radar, but considering the fact that the United States spent over 2 trillion dollars in Iraq, the news that former ISIS patrons/benefactors/sponsors or whatever you want to call it are about to rebuild Iraq should scare the … Read more
by: Stefan Gleason, Money Metals Investors got lulled into a state of inflation complacency. Persistently low official inflation rates in recent years depressed bond yields along with risk premiums on all financial assets. That’s changing in 2018. Five drivers of higher inflation rates are now starting to kick in. Inflation Driver #1: Rising CPI The … Read more
by Simon Black http://traffic.libsyn.com/sovman/088__The_dangerous_false_logic_of__Common_Sense_.mp3 Download MP3 On the morning of May 18, 1927 in Bath Township, Michigan, a 55-year old municipal worker named Andrew Kehoe used a timed detonator to set off a bomb he had planted at the local school. Kehoe was Treasurer of the School Board, so he had unfettered access to the school. … Read more
via byMike Mish Shedlock Every month, pundits comment on average wages. But median wages best explain how the Fed’s policies crucify workers. The meme of the day is wage growth is accelerating. I disputed that notion on February 7, in Acceleration in Wage Growth is a Statistical Mirage. On February 16, I reported Congratulations Workers! You Make One Penny … Read more
by Chris Vermeulen of The Technical Traders Our focus is to provide you with updated and accurate market price predictions for all of 2018, we believe we are entering a period that will be fantastic for traders and active investors. We believe this recent volatility has shaken out the low volatility expectations and will allow the markets to … Read more
Democrats’ doomsday?: http://archive.is/p2mSp
https://youtu.be/bM0fJnvRLBY The entire interview https://youtu.be/xK5e6nCOxTA h/t Jake
by Lance Roberts Last week, John Coumarianos penned an interesting piece discussing the surge in home prices over the last few months. To wit: “The psychological factors are harder to assess. People aren’t flipping condos for sport the way they were during the bubble when mortgages were available to anyone regardless of whether they had income … Read more
by Dr. Eowyn FOTM‘s DCG once had a Facebook account. Some years ago, DCG deleted the account after receiving death threats from a reader. Yesterday, DCG wrote this comment on the “Florida Valentine’s Day school shooting” thread: “I deleted my FB and twitter accounts years ago yet today received notices from ‘friends’ wishing me happy birthday based upon my false … Read more
via RonPaulLibertyReport If the creation of new money affected everyone evenly, there would be no point in government granting monopoly privileges to a central bank. It’s precisely because some benefit at the expense of others, that monetary inflation is so intoxicating. The Federal Reserve is the beating heart of big government, military empire, and the welfare … Read more
Here are at least 28 counts of treason, each count being just the start of even more treasonous acts by more domestic traitors of the United States.
https://www.dailystar.co.uk/news/latest-news/682912/uk-weather-forecast-polar-vortex-maps-sudden-stratospheric-warming A blast of freezing Siberian air is being blown towards the UK by an unusual weather event over the North Pole dubbed Sudden Stratospheric Warming (SSW). The Met Office has confirmed the onset of SSW, which pushes freezing air towards the UK thanks to surging temperatures in stratosphere over the North Pole. The process causes … Read more
Denver approves local sentencing changes aimed at helping immigrants avoid deportation, such as reducing the punishment for public urination and defecation as well as unauthorized urban camping. Denver has a growing homeless population and residents worry that the new changes could create a public health hazard with human excrement littering the streets. Infowars reporter Millie … Read more
“No cash accepted” signs are becoming an increasingly common sight in shops and eateries across Sweden as payments go digital and mobile. But the pace at which cash is vanishing has authorities worried. A broad review of central bank legislation that’s under way is now taking a special look at the situation, with an interim … Read more
by howmuch Americans are back to purchasing large SUVs and trucks instead of passenger cars, fueled in large part by confidence in the U.S. economy. And with President Trump set to unveil a broad new infrastructure plan with a rumored $200 billion price tag, now would be a good time to review the current levels of gas prices and taxes around … Read more
by DCG Mental gymnastics required for this logic. From MyNorthwest.com: As homeowners reel from the sticker shock of higher property tax bills (average increase 17%), lawmakers in Olympia are considering a new capital gains tax to ease some of the burden. Acme Fuel Company has been serving Olympia for more than 90 years. The business has been passed from … Read more
by Paul Craig Roberts Despite reporting correctly Deputy AG Rosenstein’s statement that Mueller’s investigation found no evidence that Russian social media activity had an effect on the US election and no cooperation or collusion with the Trump campaign, CBS then falsely reports: “DOJ indicts Russians for meddling in election.” Does CBS have an explanation for … Read more
by John Ward One of the fundamental reasons why Bullishness about the global business and markets outlook is so widely believed around the World is the assurances we get on a daily basis that first, there are green shoots appearing; and second, there won’t be another financial collapse, because “lessons have been learned, reforms have taken place, … Read more
by sundance A large number of people who read the Mueller 13-person Russian Indictment released on Friday noted a transparent lack of actual substance. Today the absence of substance turns toward the hilarious. Much like the heavily touted sketchy 2017 Joint Analysis Report (the infamous “14 U.S. intelligence agencies report“) was really only three political intel … Read more