Is Washington Nuts? Increasing Spending AND Cutting Taxes Will EXPLODE The Size Of The National Debt

By Michael Snyder Our national debt is rapidly approaching 21 trillion dollars, and yet Congress wants to follow up a large tax cut bill with a massive increase in federal spending.  This is absolute madness, and it is going to make our long-term financial problems as a nation far worse.  After passing the tax bill, … Read more

SPEIER ON TRUMP’S DESIRE FOR MILITARY PARADE: ‘WE HAVE A NAPOLEON IN THE MAKING.’

from thehill: Rep. Jackie Speier (D-Calif.) on Tuesday ripped reports that the Pentagon is organizing a military parade at President Trump’s direction, comparing the president to French leader Napoleon Bonaparte. “I was stunned by it to be quite honest. I mean, we have a Napoleon in the making here. And I believe that we have … Read more

New FBI Texts Reveal Obama Asked for Updates on Clinton Investigation After Guaranteeing He’s Staying Out of Hillary Email Server Probe

by Chris Black NEW FBI TEXTS ARE BOMBSHELLS! — Donald J. Trump (@realDonaldTrump) February 7, 2018 The newly released text-message exchanges between FBI agents Lisa Page and Peter Sztrok present the American public with a dire picture of the state of affairs during former President Barack Obama’s tenure in the White House. Basically, the latest … Read more

Crypto Crackdown: Bitcoin is a “Combination of Bubble, Ponzi Scheme, Environmental Disaster”

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “If authorities do not act preemptively, cryptocurrencies could become more interconnected with the main financial system and become a threat to financial stability.” The official crackdown on the entire cryptocurrency space got a new and broader framework from Agustín Carstens, General Manager of the Bank for International Settlements (BIS) and former … Read more

Super Interesting VIX Breakdown

by Chris I have not seen this behavior before.  VIX and the S&P futures usually trade in near-perfect inverse lockstep. This morning “they” are banging away on the VIX lever and guess what? It’s not working! This is the sort of internal market break-down that makes me begin to pay special attention to the situation. … Read more

MeToo discovers there is always a counterrevolution

by Fabius Maximus Summary: The #meToo movement has swept like a wildfire through America. Now comes the response, inevitable but surprising to those who set the fires. Here are the first sightings. We can only guess at what comes next. “Every revolution has its counterrevolution — that is a sign the revolution is for real. And … Read more

Benefits of moving to a POS system

Running a business, particularly in the retail sector, can be particularly challenging- especially in the current climate with competition more intense than ever before. Adopting a POS system, however, can help minimize challenges, improve efficiency and increase the chances of success; in this article we explore the benefits of moving to a POS system. Real-Time … Read more

Epochal Stock Market Flash Crash Reconnects Stocks and Bonds, Portends End of Fake Recovery

by David Haggith It took sixteen months to build the exceptionally steep Trump Rally, and just one week to eliminate a quarter of it. While I wouldn’t call that jolting reversal a stock-market crash in the ordinary sense, the largest one-day point fall in the history of the market (by far) certainly marks a massive change … Read more

General Motors union workers to get $11k profit-sharing checks

by DCG Add this company to the growing list of companies handing out “crumbs.” From NBC Los Angeles: General Motors announced Tuesday it made $12.8 billion in pre-tax profits in 2017, and the company said union-represented workers will receive profit-sharing checks of $11,750. The company reported a net loss of $3.9 billion, driven primarily by a $7.3 billion accounting charge … Read more

Ben Swann is back: FISA Memo

Awesome video. Secret courts and secrets warrants do not make an America great. https://youtu.be/CX88suyFcVs Ben Swann takes a look at the GOP Memo on the FBI and explains why the real story here is one with FISA transparency, in this Reality Check w/Ben Swann Powered by #dash