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by WARREN MOSLER Even lower than expected as weakness continues: U.S. Light Vehicle Sales decline to 17.1 million annual rate in January By Bill McBride Feb 1, (calculated Risk) — Based on a preliminary estimate from AutoData, light vehicle sales were at a 17.1 million SAAR in January. That is down 1.2% from January 2017, and … Read more
by BILL BONNER CORK, IRELAND – “U.S. Stocks Drop as Treasury Sell-Off Gains Steam,” was headline news at Bloomberg yesterday. Meanwhile, bitcoin tumbled toward $8,000, wiping about $100 billion off its market value in just 24 hours. And the price of the 10-year Treasury note dived, driving up its yield to above the 2.75% mark. Already, … Read more
by DCG While I’m all for higher education, I believe it is 1) the job of the parents to decide this matter with their children and 2) dangerous to have the government tell you what your children must do. Stay out of our lives! From NY Post: New Mexico’s high school juniors would have to apply to at … Read more
https://www.youtube.com/watch?v=sV1hU95TUvM House memo states disputed dossier was key to FBI’s FISA warrant to surveil members of Team Trump http://www.foxnews.com/politics/2018/… U.S. Attorney General to refer Republican memo to Justice Department https://www.reuters.com/article/us-us… Trump Approves Release Of FISA Memo http://dailycaller.com/2018/02/01/whe… Judicial Watch: At Least 18 Classified Emails Found on Weiner’s Laptop https://www.judicialwatch.org/press-r… Trump tells lawmaker he’s ‘100 percent’ … Read more
Amazon has been granted patents for wristbands that would allow for “ultrasonic tracking of a worker’s hands” to monitor performance using “haptic feedback,” which sounds like something straight out of Black Mirror. The new patents, first spotted by GeekWire, are ostensibly for wristbands that Amazon employees would wear, which work in conjunction with ultrasonic devices … Read more
That is the million dollar question.
Venezuela’s Health Care System Ready To Collapse Amid Economic Crisis. Marcos Carvajal, a 34-year-old former pitcher for the Colorado Rockies and Florida Marlins, died of pneumonia on Tuesday. He fell sick in December, but the antibiotics needed to treat the illness were hard to find. Drugs for Carvajal eventually were sent from abroad but he … Read more
The NFL Is Losing Its Core Audience, a WSJ/NBC News Poll Finds “Just 51% of men aged 18 to 49 say they follow the NFL closely, down from 75% four years ago.” The poll shows that fans are following the sport less closely, even in key demographics, such as young men, that historically propelled the league’s … Read more
Bitcoin Is Falling Fast, Losing More Than Half Its Value in Six Weeks Selloff triggered by expanding regulatory crackdown on cryptocurrencies Bitcoin plunged below $8,000 on Friday, extending its sharp rout since the start of the year in a selloff triggered by a widening regulatory crackdown on cryptocurrencies. In afternoon trading in New York, bitcoin had recovered … Read more
by Shaun Richards So far in 2018 we have seen a move towards higher bond yields across the financial world. This poses more than a few questions not least for the central banks who went to unparalleled efforts in terms of scale to try to reduce them. This as I pointed out on the 6th … Read more
From ANTI-MEDIA: Millions of jobs are at risk of being outsourced to automated artificial intelligence or robotic applications in the next decade. These jobs range from baristas and supermarket clerks to lawyers and hedge fund managers. Now, a new patent application by automaker Ford suggests law enforcement agents, too, could soon be replaced by artificially intelligent autonomous police cars equipped with state of … Read more
by Dana Lyons The yield on the 30-Year U.S. Treasury Bond is (again) threatening to break out of its ultra low-rate environment. Among the most important developments in a busy few weeks in the financial markets has been the rise (and breakout, in some cases) in bond yields. For example, the yield on the 10-Year … Read more
by BamaBangs Hello, and welcome to the beginning of the end of the Mueller Investigation. Today we’re going to discuss the legal doctrine of the “Fruit of the Poisonous Tree.” I want to take you back in time to 1920, where Oliver Wendell Holmes, Jr. delivered an opinion of the Supreme Court where this famous legal … Read more
Johnson Expands Investigation, Requests Additional Emails and Texts from 16 FBI Officials https://www.hsgac.senate.gov/media/majority-media/johnson-expands-investigation-requests-additional-emails-and-texts-from-16-fbi-officials SIP Questions also remain about the preservation of FBI records in this matter. In one series of text messages produced to the Committee, Mr. Strzok and Ms. Page hint at broader record-retention issues with the FBI’s Samsung mobile devices and that FBI … Read more
https://www.youtube.com/watch?v=wD289_1CQOo Good morning, I’m still reporting on: Was New FBI Chief Blackmailed?, 2023 Synopsis: It turns out that among the final rebel holdouts among the coup plotters in the FBI’s fortress on Pennsylvania Ave. is none other than President Trump’s new FBI Director, Christopher Wray. Congressional sources have told the TruePundit that in the last … Read more
The DNC is reportedly ‘dead broke.’ The RNC has nearly $40 million. 10:25 a.m. ET The Democratic National Committee had a rough 2017, plagued by leadership troubles, internal squabbling, and unflattering reports. To top it off, the party ended the year “dead broke,” says The Intercept’s Ryan Grim. The Democratic Party is carrying more than … Read more
by Ruby Henley We The People led by our courageous President Donald Trump have achieved a giant step forward against the Deep State. I am sure they are in silent shock among themselves, but soon they will stir with their excuses, but there are none. Meanwhile, the memos written By James Comey are secretly lying … Read more
by Ruby Henley The House Intelligence Committee has released today the MEMO, prepared by GOP chairman Devin Nunes, alleging surveillance abuses by the FBI and the Department of Justice. President Trump declassified the four-page memo and authorized its release. President Trump had the courage to ignore warnings from FBI and DOJ officials and numerous lawmakers, … Read more
by Dave Here’s my opinion: 3%. We all like round numbers. At the current rate (its up 6 bps today) we’ll get there in 3 (three) days.
https://www.youtube.com/watch?v=c67cngPk22c FALSE FLAG WARNING at SUPER BOWL LII 2018 – Anonymous Source Warns