by Umar Farooq Lending subprime auto loans to drivers has reached its peak point in a decade, with U.S. auto debt hitting a record $1.16 trillion in the last quarter of 2016, according to a report from the Federal Reserve Bank of New York. This spells bad news for automakers, who may soon be … Read more
by Mark Angelides As a Brit, it has often baffled me as to the direction that gun control is heading in the U.S. Britain and many other nations have firsthand experience of what happens when stringent gun control laws are brought in: Gun murders rise sharply. If you want the full statistics with tables, check … Read more
By Michael Snyder Current stock market valuations are not sustainable. If there is one thing that I want you to remember from this article, it is that cold, hard fact. In 1929, 2000 and 2008, stock prices soared to absolutely absurd levels just before horrible stock market crashes. What goes up must eventually come down, … Read more
By Michael Snyder Many liberals that are still extremely bitter about the outcome of the election are taking out their frustrations on Trump supporters all over the country. And in some cases, employees are actually being “reassigned”, fired or asked to leave their jobs if they openly admit their support for President Trump. This kind … Read more
Shaeuble says the problem with Greece is not the debt its their reforms. Australia is going to try zero percent down for homes, we all know how that turned out. Macy’s, Walmart and Toy R Us show declining sales. Auto insurance rates have soared by 20% because of texting. Hard data show economy is declining … Read more
by Mark Angelides All Muslims are not terrorists. All Muslims do not want Sharia law. All Muslims do not want everyone else to be Muslim. These statements are all true. And here’s another true statement. having more Muslim immigration to your country will be bad for the majority of citizens, especially those citizens who happen … Read more
By Gabrielle Seunagal A few days ago, a video of Milo Yiannopoulos on the Drunken Peasants Podcast surfaced the internet, where the outspoken, gay conservative was accused of endorsing pedophilic relations between young boys and older men. Since the release of this footage, Milo has been falsely branded as a pedophile, disinvited from speaking … Read more
The “atmospheric river” walloping California with drenching rains and gale-force winds prompted daring water rescues Tuesday and kept thousands of residents from flooded or threatened homes. Dozens of people had to be rescued from their flooded homes in San Jose. The city declared a local emergency Tuesday afternoon “in response to the current and anticipated flooding,” the city … Read more
by Pamela Williams First of all, I blame Paul Ryan for hindering President Trump’s most valiant efforts to truly help the American people. I am speaking of Trump’s policy changes on ObamaCare and tax cuts for the American people. These things would help the American people more than anything Trump could do. Matt Drudge took to … Read more
Grab yourselves a beer or glass of whisky tonight, settle in, and listen to one of the greatest modern tragedies unfold. Extra Credit: h/t The Original Mind
by Pamela Williams I am so happy to report that Obama’s CIA backed so-called moderate Syrian rebels are not receiving their paydays any longer. Last month the money did not come, and the Obama gang is really up in arms about being cut out of CIA loop. I think it would be more accurate to say, … Read more
by Pamela Williams http://pepe-news.com/2017/02/21/rinkeby-on-fire-muslim-immigrants-riot-and-set-fires-in-sweden-city/ It seems that Muslim immigrants are slowly taking over Sweden. We know that a 60 MINUTES crew had been attacked in an attempt to cover Sweden’s progress in dealing with the growing population of Muslim immigrants. Liz Hayes and the 60 Minutes crew were attacked while filming a report. . After accepting … Read more
The FED presided over the dot.com bust and 2008, unaware that they were happening and of their consequences. Alan Greenspan spots irrational exuberance in the markets in 1996 and passes comment. As the subsequent dot.com boom and housing booms run away with themselves he says nothing. Loans create money and repayments destroy money. This is … Read more
by Mark Angelides Circling the wagons was a protective measure used to keep the enemy outside the circle while protecting those inside. The purposeful creation of “#FakeNews” is exactly this. Designed to forever keep “unwanted opinion” and those who speak against the Establishment on the outside. The media protecting the politician and the politicians … Read more
By Gabrielle Seunagal The “deep state” is a situation where military officers and intelligence operatives control the majority of the government. These groups are rumored to hold the power to overturn any President who they deem unfit or merely dislike. President Trump has complained that illegal leaks from the FBI and other intelligence agencies … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter To delay falling into a fiscal and financial sinkhole. “Let’s drop the pretense. The Toronto housing market and the many cities surrounding it are in a housing bubble,” Bank of Montreal (BMO) Chief Economist Doug Porter told clients in a note last week. Many have called it “housing bubble” for a … Read more
IT’S HAPPENING: Riots in Rinkeby, Sweden — police shot warning shots https://twitter.com/svtstockholm/status/833782430054096896 Police fired warning shots at stone-throwing youths in Rinkeby, Stockholm, on Monday evening. For a time, the police were withdrawing from the area where two violent riots are now being investigated. Meanwhile, it remains unsettled in the area with cars set on … Read more
by Mark Angelides More than 35,000 unaccompanied children turn up in Sweden each year* (2016 figures, rising from around 400 per year during the Iraq war) Many face dangers from child rapists, drug dealers, pimps, Gangmasters and Jihadists (in fact, Swedish government programs were infiltrated for Jihadi recruitment according to the Swedish government). Children of … Read more
By Michael Snyder We just witnessed Melania Trump’s finest moment as First Lady so far. After a week in which her husband declared war on the mainstream media, Melania absolutely electrified a huge crowd at a rally in Melbourne, Florida by reciting the Lord’s Prayer. What Donald Trump had to share afterwards was remarkable as … Read more
by Pamela Williams https://www.youtube.com/watch?v=FX83qSatoOo Evacuations of Orville advised by Water Staff due to finding of a hole eroding land back toward the spillway. Compromise the spillway, substantial release of water down stream, and potential of catastrophic failure. The DWR folks rate of cut not as rapid as they thought it would be, trying to prevent catastrophic … Read more