Hours after massive bank losses reported, mysterious explosion in front of Royal Canadian Bank

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Just like the previous financial crisis and the subsequent shadow banking crisis began in the US, storm clouds are brewing in Canada. First, it was Home Capital Group losing 70% of its deposits last week, then it was Equitable Group Inc. losses announced today. –read both stories for the bloomberg link https://www.bloomberg.com/news/articles/2017-05-01/home-capital-s-next-hitch-is-keeping-cash-crunch-under-control Now, a mysterious … Read more

Bernie Sanders Champions For Working Families; Here’s Why He’s Contradicting Himself!

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By Gabrielle Seunagal Vermont Senator and former Presidential candidate Bernie Sanders started the month of May by campaigning against economic inequality. In his 30-minute speech, Sanders proposed a $15 minimum wage, three months of guaranteed paid family leave, free college, and a single payer healthcare system. Sanders asserted that a “progressive agenda” would meet the … Read more

The World is Upside Down

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by polkadotgirl   This post is not going to be necessarily deep or complex. It is just going to be about some thoughts that deeply trouble me as I start the work week. Sometimes I feel like I do not recognize the world I live in – of course, these are only generalizations. *People are … Read more

$1 Trillion Time Bomb: Are American Consumers Getting in Trouble Again?

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The economy depends on them, but they’re cracking. American consumers are holding $1 trillion in revolving credit, mostly in credit card debt. So how well is this segment of consumer debt holding up? Synchrony Financial – GE’s spin-off that issues credit cards for Walmart and Amazon – disclosed on Friday that, … Read more

Why should Trump propose a 90% excise tax on speaking fees for former Executive Branch officials

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CULTURE OF CORRUPTION: Why It Matters How Ex-Presidents Make Their Money. If President Obama had collected a $400,000 fee from the founders of Solyndra, the failed energy company that left taxpayers liable for $535 million in federal guarantees, the corruption would be obvious. But because he is taking money from companies that benefited from his … Read more

The United States Has Sunk To A New Low – We Are “Lunch Shaming” Our Own Children In Public Schools – We Cannot Even Afford To Feed Our Most Vulnerable – Our Children.

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by Pamela Williams I believe we have fallen from God’s grace, and we cannot even find the decency to feed our own children.  What have we become?  Have we not said over and over again, “a child cannot learn on an empty stomach.” We are “lunch shaming” children who cannot afford to pay for their lunches. … Read more

Regardless of Your Position on Abortion, Planned Parenthood Should Not Receive a Penny of Taxpayer Money

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by Mark Angelides We can argue all day about the different services that Planned Parenthood offers, but there is one reason why they should not be receiving taz payer’s money…They are already making a fortune selling body parts from abortions. This is a Federal crime that seems to go unpunished, and no one is talking … Read more

It Is Becoming Illegal To Be Homeless In America As Houston, Dallas And Dozens Of Other Cities Pass Draconian Laws

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By Michael Snyder Should we make homelessness against the law and simply throw all homeless people into prison so that we don’t have to deal with them?  Incredibly, this is actually starting to happen in dozens of major cities all across the United States.  It may be difficult to believe, but in many large urban … Read more

MAGA: TRUMP TO CREATE OFFICE JUST FOR FIRING PEOPLE… WE'RE NOT KIDDING

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https://www.youtube.com/watch?v=yWJfn6iiAL0 Kim Smith for conservative tribune reports, One of President Donald Trump’s campaign promises was to take care of America’s veterans. To follow through on that promise, the president will sign an executive order that will create a new office in the Department of Veterans Affairs that will discipline or fire incompetent employees as well … Read more

Mike Maloney – Bond, Stock and Real Estate Markets Are Insane, China, Russia & India Buying Gold

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Precious metals expert Mike Maloney points to what large foreign countries are buying and it gold–lots of it. Maloney explains, says, “Between Russia, China and India, their purchases meet or exceed all worldwide production of gold. Whenever they exceed mining supply, the supply has to come from somewhere, and it’s coming from the West. When … Read more

A Satanic Gang Is Being Protected By Sanctuary Cities, As Americans Are Terrified And Savagely Murdered In The Sanctity Of Their Own Homes.

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by Pamela Williams As President Trump makes headway in eliminating ISIS, another brutal  gang called MS-13 has raised its ugly head in the “sanctuary cities” of America.  These cities will hide these gangs and offer them a refuge.  A refuge from what?  Among other things, American law enforcement,  President Trump, and Attorney General Jeff Sessions.  Sessions … Read more

President Trump Invites Rodrigo Duterte to White House

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By Gabrielle Seunagal   On Saturday, President Trump made headlines when he invited Rodrigo Duterte to the White House for a conversation about the current state of drugs. Duterte has earned a reputation as a harsh dictator, due to his habits of ordering the deaths of persons connected to drugs and narcotics. Many people dislike … Read more

Chilling Thing Insiders Said about Canada’s House Price Bubble

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter What are homes & mortgages worth when push comes to shove? Home Capital is Canada’s biggest “alternative” mortgage lender. It’s not a bank – which today is part of its problem because it cannot create money to lend out; it has to obtain it first by attracting deposits and borrowing money … Read more