Housing Recovery? Or Another Fed Driven Inflation?

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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

If you think Facebook is bad, here’s Nextdoor!

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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

The Truth About Inflation…It’s The Fed’s Fault

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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

“Polar Vortex Splits Extreme Weather -22C In UK”

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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

Democrats Turning Denver Into Sh!thole

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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

Liberal logic: Washington state considers easing property tax burden with a new capital gains tax

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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

CBS Contradicts Itself On Mueller’s Report

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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

CRASH2: More derivatives, no reforms, investors nervous, experts smug. It’s not a good look.

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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

Too Funny: Special Prosecutor Mueller Patched Together Much of His ‘Muh Russia’ Indictment from Old News Articles… NOTHINGBURGER ROYALE!

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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

Collective AI Consciousness by 2050 Warns Expert at World Government Summit

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by Thinker By 2050, humans will ditch speech and communicate using nothing but their thoughts. They’ll do this through a ‘collective AI consciousness’ that is part of the very fabric of the human brain and can reveal what anyone is thinking. Called HIBA, which stands for Hybrid Intelligence Biometric Avatar, the consciousness will take on … Read more

EPIC: Crowder Destroys Gun Control in 54 Seconds!! | Louder With Crowder

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Steven Crowder goes nuclear on the exploitative gun-control advocates of recent public shooting in under 1-minute. More than that, more than what is in the Constitution or what is written in any religious book, gun ownership is about self ownership. If you can’t defend yourself against deadly force when met with deadly force, you don’t … Read more

Does the year 2000 and 2007 ring any bells? The drop in the #DowJones to bear market territory took 8 MONTHS. Oct 2007 – June 2008… It’s coming faster this time.

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As the household net worth (purely debt) as a % of disposable income (“wealth effect”) gets above 600%, savings rates seem to drop sub-5% in unison; then net worth dissipates rapidly. 2018 has the largest divergence in modern history.   h/t @OccupyWisdom Just looking over some 2008 financial crisis data…. The drop in the #DowJones to … Read more