Swap Spreads Normalizing As Fed Begins Rate Normalization (Potential Bad News For US Treasury … And Taxpayers)

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by Anthony B Sanders Last night I attended a speech by Heritage Foundation Distinguished Visiting Fellow and Trump adviser Stephen Moore. He is a very optimistic and dynamic speaker and challenged the audience to find one thing that is not going in a positive direction. The person sitting next to me whispered “Don’t say it!” … Read more

Blackout: Major progressive web sites omit report that Starbucks is giving raises as result of GOP tax cut

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by DCG  Yesterday at 5:09 am Reuters reported that Starbucks was going to give raises to employees. From the story: “Starbucks Corp (SBUX.O) will use some of the savings from the new U.S. corporate tax cuts to give domestic employees pay raises, company stock and expanded benefits with a combined worth of more than $250 million, the company said … Read more

Here's the most hated asset right now

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From Dr. Steve Sjuggerud, Editor, True Wealth: Everything’s up! Heck, everything is up a bit too much lately, right? People are starting to feel good about their investments again… Is there any sector or asset that hasn’t soared? Actually, yes… While stocks have soared seemingly nonstop for years, this major investment class has performed downright terribly. Take a … Read more

One Baltimore Neighborhood Has The Highest Vacancy Rate In America

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by stockboardasset The implosion of America’s inner cities are the real “shitholes,” which should be on everyone’s radar– not Haiti. In Baltimore, Maryland, decades of deindustrialization and 50-years of democratically controlled leadership has turned the city into a failed liberal experiment, with a homicide rate on par with Venezuela, a country that is suffering from an economic collapse. In … Read more

NSA Awards AT&T Classified $2 Billion Tech Contract… Wasn't ATT proposing an internet bill of rights?

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After a bid protest, AT&T can now move forward on work it will carry out under NSA’s classified Groundbreaker contract, worth billions. Following a resolved bid protest, the National Security Agency can now begin work with telecommunications giant AT&T on the second of three massive tech contracts that make up the agency’s classified Groundbreaker program. … Read more

#TheList: FBI whistleblower says "secret society" email list to take out Trump!

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“There is an email list of federal judges and prosecutors, U.S. attorneys who are trying to take down Trump. A woman kept referring to The List and what these people are plotting like it was no big deal. It left me shaken.” FIND #TheList!!!   ThomasPaine on Twitter… https://twitter.com/Thomas1774Paine “They communicate with meetings over cocktails, … Read more

'Unprecedented' Feds Really Don't Want Congress To Release The FISA Memo

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THE PEOPLE HAVE A RIGHT TO KNOW! The Justice Department is making a last-ditch effort to prevent the release of a controversial memo alleging surveillance abuse involving the infamous Steele dossier. In a letter sent Wednesday to California Rep. Devin Nunes, the chairman of the House Permanent Select Committee on Intelligence (HPSCI), Justice Department official … Read more

FDA Approves A.I. Computer That Predicts Your Death

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by stockboardasset The Food and Drug Administration (FDA) has approved the very first artificial intelligence (AI) computer that monitors a patient’s vitals to help forecast sudden death up to six hours before the grim reaper shows up. Excel Medical, a medical device data company in Florida, developed the deep learning algorithm called WAVE Clinical Platform for the eradication of unexpected hospital … Read more

How the new tax bill hurt one of the greatest ways for Americans to slash taxes

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by Simon Black Puerto Rico won’t repay any of its $72 billion of debt until 2022… The US territory declared bankruptcy last May. A combination of a shrinking population, bloated pensions and a job crisis (in 2006, the US government repealed tax incentives that attracted manufacturers to the island) caused Puerto Rico to go broke. Even … Read more

SOROS Goes full retard at Davos

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SOROS SNAPS: USA ‘On Course Towards Nuclear War’ Billionaire investor and political activist George Soros said President Donald Trump has the U.S. set on a course for nuclear war with North Korea. Speaking at the World Economic Forum in Davos, Switzerland, Soros said Trump is trying to establish a “mafia state” in the U.S. but … Read more

Davos Elite Desperately Want A Cashless Society – But Crash May Come First!

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Josh Sigurdson talks with author and economic analyst John Sneisen about the recent meeting in Davos for the World Economic Forum where globalist world leaders, bankers, economists and business leaders are meeting to discuss the economic transformation of the world and in their eyes, the necessity for people to bend over to a massive financial … Read more

Facebook and Instagram outages reported across US and Europe

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Facebook and Instagram users across the United States and Europe have reported problems accessing the social networks. Both of the social media platforms aren’t working for many people in cities across the two continents with a large volume of Facebook issues reported in New York and Los Angeles, according to Downdetector.com. The website notes that Facebook … Read more

“Blockchain” Stocks are Collapsing by 40% to 90%

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter It’s not a pretty sight. Short sellers are in Nirvana with these creatures that had surged by hundreds or even thousands of percent in days after they announced a switch to “blockchain” in their business model or added “Blockchain” to their name. Their shares are now crashing. I have written about … Read more