Bubble Madness At Netflix: $4 Billion Cash Burn, $100 Billion Market Cap

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Shares Soar. Bond market on cloud 9. Wall Street gushed over Netflix’s “earnings” Monday after-hours, sending its shares up 8.5% to $246, from around $10 five years ago, giving it a market capitalization of over $100 billion for the first time. Actually, what everyone gushed over were the metrics that Netflix … Read more

More than 90% of receipts contain dangerous chemicals linked to infertility, autism and type 2 diabetes, study reveals

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Bank receipts may expose people to bisphenol A (BPA), says a new study Handling receipts printed on thermal paper increased BPA concentrations But those who wore gloves to hold paper experienced no significant rise BPA exposure previously linked to fertility and infants’ brain development Chemical is also found in hard plastic, like babies’ bottles, and … Read more

A city controlled by an artificial intelligence

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“The metropolis would be, from that moment forth, at least partly run by an AI that absorbed every last drop of data it could get its virtual hands on. Every single resident was tracked; their activity on social networks, their purchases, their movements, their commutes – everything was uploaded to the AI’s database, which then … Read more

5 democrats draft bill to make congress lose pay during any government shutdown!

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There may still be a few in the dem party who have some integrity. They are tired of their party playing politics.   Five Democratic senators—not coincidentally, all five are from states won by President Trump in the 2016 presidential election—introduced legislation Friday to withhold pay from members of Congress whenever there is a government … Read more

Violent Yen Rollercoaster Stuns Traders As BOJ Sends Conflicting Messages, Dow Futures Give Up More Than 80-Point Gain To Turn Lower

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In a violent, stop-hunting rollercoaster session, the yen rose, then fell, then rose again, with the USDJPY trading at session lows at 6am ET after the BOJ first released language that was deemed more hawkish than expected, with the central bank reversing its December inflation phrasing from “inflation expectations have remained in a waekened  phase.” … Read more

FACEBOOK admits social media threat to democracy…NSA voice-recognition raises questions for AMAZONGOOGLE

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Facebook admits social media threat to democracy Washington (AFP) – Facebook acknowledged Monday that the explosion of social media poses a potential threat to democracy, pledging to tackle the problem head-on and turn its powerful platform into a force for “good.” The comments from the world’s biggest social network were its latest response to intense … Read more

8.0 Quake SE of Kodiak, Alaska. Tsunami watch for west coast.

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https://earthquake.usgs.gov/earthquakes/eventpage/us2000cmy3#executive A Tsunami Watch is in effect for California, the Coast from the Cal/Mexico Boarder to the Oregon/Cal Border including the San Francisco Bay. Updates will be provided as soon as we have them#CAwx — NWS Bay Area 🌉 (@NWSBayArea) January 23, 2018 Tsunami watch in effect for coastal areas of Washington & Oregon. First … Read more

America — and the West in general — has been ruled by people who, at core, don’t very much like the countries they rule. But they do like ruling them, and will do anything they can to keep doing it.

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THE PROBLEM WITH AMERICA IS NOT DONALD TRUMP: The 45th president’s first year has in fact been a very good year for the country. By the time those 12 months were up, the unemployment rate was the lowest the country had seen in 18 years, and the number of new filings for unemployment benefits was at … Read more

Documents Reveal The NSA Is An Agency Gone Rogue As FISA 702 Is Reauthorized

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by Disobedient Media Disobedient Media previously reported on the Senate’s passage of legislation that reauthorized a section of controversial FISA law. Since publishing that article, President Trump tweeted that he had signed off on the legislation, despite widespread calls to veto the bill. FISA laws were initially implemented in 2008 under President Obama, and were set to expire last week. … Read more

Trust in US govt & media falls at record-breaking pace – report

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https://www.youtube.com/watch?v=9RsOAp0ZQfQ The largest ever single-year drop in trust among Americans for the US has been recorded in the Edelman Foundation’s annual report. While the educated public’s trust in the US plummeted by 23 percent from 2017 to 2018, the general public’s trust in the US also fell by 9 percentage points. RT America’s Dan Cohen … Read more

Gold on the Move

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Contributed Opinion Source: Rudi Fronk and Jim Anthony for Streetwise Reports  (1/22/18) Since bottoming on December 11, 2017, at $1,242, gold has tacked on nearly $100 to its price. Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, discuss what they see going on. Clearly, one reason for the move in gold is the weakness in the U.S. … Read more

FBI Shadow Figure Surfaces To Protect President Obama Amid Released FBI Text Messages…

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by sundance CTH has been pointing out this shadowy figure for almost a year.  Today, his appearance in Text Messages, explains why… W.H. “Bill” Priestap is the FBI Head of Counterintelligence.  Priestap was one of the first FBI officials who caught our attention (spring of 2017) because FBI Director James Comey mysteriously pointed a finger upon him during testimony to congress on … Read more