AAAAHHH…… A DAY! Trump has promised to build the border wall to keep out illegal immigrants and drug smugglers. Democrats oppose funding the wall, which they view as unnecessary. The budget proposal also includes $782 million to hire and support …
Will the government ever NOT be the source of all corruption? Seems like this is where corporations go to make their best deals happen. They are in bed. Constantly negotiating a better deal. Year after year. Decade after decade. I’m …
by Adam The blow-up in two inverse-VIX ETNs has vaporized nearly $3.2 billion in investor funds overnight. From Zero Hedge: After the close last night two US listed inverse VIX ETFs (XIV and SVXY) gapped down 80% from their 4pm …
From CNBC: One key event that crypto traders are watching next week from CNBC. Bitcoin fell below $8,000 for the third time in four days on Monday amid a broader sell-off in cryptocurrencies that has seen over $60 billion of valued …
From Birch Gold Group Illinois is considering a last-ditch attempt at saving its public pension plan. We discussed before how the Midwestern state is the epicenter of the U.S. public pension crisis. They’re now moving toward a risky gamble as lawmakers debate …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Just as the Fed accelerates its QE Unwind. Treasuries reacted. While everyone is trying to figure out how to twist the new tax cut to their advantage and save some money, the US Treasury Department just …
by Martin Armstrong CNN-Conservative 1998-R COMMENT: Marty; I was just surfing and discovered that CNN did quote you back in 1998. They said you beat Soros since he lost $2 billion and you correctly called the Russian collapse and the Long-Term …
by NEE FedEx Investing $3.2 Billion in Bonuses, Pay Raises, Benefits & New Jobs FedEx joins the growing list of companies who are celebrating the GOP Tax Cuts and Jobs Act by sharing the profits with employees, and investing in …
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 …
by Spencer P Morrison Remittances Sent by Illegal Immigrants Cost America $38 Billion Annually, They’re Like a Hidden Tax Imagine the worst possible tax you can think of. What would it look like? If you’re like most people, you thought of …
Wolf Richter wolfstreet.com, 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 …
by howmuch Initial Coin Offerings (ICO) took off in 2017, as crypto-fever continues to reach new heights. This relatively new fundraising method has captivated companies ranging from startups to large-cap enterprises. The cryptocurrency craze in 2017 led to over $5 …
by DCG No wonder the state wants half of the businesses’ tax-cut savings. Someone’s gotta fund the bureaucrats. From Sacrament Bee: California’s state payroll – excluding its universities – grew by more than $1 billion last year, twice the rate of growth as the …
by John Whitaker Thousands of unemployed people wait outside the State Labor Bureau in New York City to register for federal relief jobs in 1933. Department of Labor Audit Shows US Federal Government Paid $1.6 Billion In Unemployment Benefits To …
CLAIM HUD director Ben Carson found more than $500 billion in accounting errors at the federal agency. FALSE BECAUSE The audit was initiated before Ben Carson assumed his position at HUD, and it reckons an aggregate figure of accounting errors …
https://www.youtube.com/watch?v=09XEc6iT5CU
From Nick Giambruno, Editor, International Man: Buying marijuana in California is now as easy as buying beer. On January 1, it finally became legal for adults age 21 and up to buy recreational cannabis in the state. This was the true …
by Anthony B Sanders The good news? The Fed continued to unwind its $4.4 TRILLION balance sheet. The bad news? The Fed is shrinking it at sloth-like speed. As an example, the latest SOMA report from the Fed on New York …
As far as I’m concerned, Venezuela is bankrupt. There’s no way out of this through natural market forces. Who do you think will come to their rescue? The IMF? China? Russia? Or will there be a coup? Venezuela is undergoing …
I found this to be very interesting. I hope you do as well. Do you also think that stock buybacks and central bank back door purchases are taking place? Let me know. Money is leaving equities. It’s gone. But the …
by stockboardasset Despite the central bank-created bubble in financial markets called the “everything bubble,” there is another bubble festering in the fields of Africa called the “poaching boom.” Economic development in Vietnam, China, and the United States have fueled an illegal $70 billion …
by Daisy Luther, The Organic Prepper The last time American consumer debt was this high was.. well…NEVER. But now, it seems we are engaged in a high stakes game of consumer debt roulette. And the House is the only one …
https://www.youtube.com/watch?v=bkGXy-vI9-E All central banks have been playing a game. Printing money and buying stocks. Yet another disclosure is about to be unveiled for you. This time, it’s Norway. Norway Central Bank Balance Sheet | 1950-2017 | Data | Chart …
The time for crossing the border illegally and saying ‘gimme’ should end. Social Security is not a slush fund. Illegals: The new GOP tax overhaul would strip illegal immigrants of the ability to claim several major tax credits, saving …
It has just been reported as of 3 hours ago that George Soros has just transferred a staggering $18 billion dollars to the Open Society Foundation, prompting question and concern. Something big is brewing…. https://www.youtube.com/watch?v=1abcRocxOxo Full article: http://archive.is/kxWG2 http://dailycaller.com/2017/10/17/soros-transfers-18-billion-to-his-open-society-foundations/ h/t The_SaltLife
The swelling population of illegal immigrants and their kids is costing American taxpayers $135 billion a year, the highest ever, driven by free medical care, education and a huge law enforcement bill, according to the the most authoritative report on …
So how much have DACA recipients collected in welfare and other benefits paid for by U.S. taxpayers? Likely more than $100 billion in benefits, including K-12 education, school lunches and actual welfare (WIC, food stamps, Medicaid, etc.). http://www.lifezette.com/polizette/shock-us-taxpayers-have-spent-more-than-100-billion-on-schooling-welfare-for-daca-immigrants/ How many people actually …
Fannie and Freddie could need $100 billion bailout in next crisis, stress test finds Fannie Mae and Freddie Mac could need a taxpayer bailout of as much as $99.6 billion if a severe economic downturn gripped the U.S., their regulator …
The White House Budget Office says the budget deficit is going to be larger than expected this year by $99 billion. The Office of Management and Budget points to worsening tax revenues to explain why its forecast two months ago …
If statehood wins, as expected, the island will enact what’s known as the Tennessee Plan, an avenue to accession by which U.S. territories send a congressional delegation to demand to be seated in Washington. Puerto Rico will send two senators …