by Simon Black I’m not used to seeing the government offer taxpayers a win-win. But a little known provision snuck into Trump’s 2017 tax reform law is possibly the best tax-advantaged investment strategy offered in decades. And it will help some of the poorest areas of the US too. It’s the brainchild of Sean Parker, the … Read more
https://www.youtube.com/watch?v=JWOkR4-ZDSM
By Irina Slav The provincial government of Alberta and the federal government of Canada are the culprits behind the continuing problems of the country’s oil industry, which have now swelled to the size of a full-blown crisis, according to the latest Oil & Gas Survey Outlook Report by the Daily Oil Bulletin. As many as two-thirds of … Read more
Isaac Morehouse says the people who got duped in the college admissions scandals weren’t the schools that accepted unqualified students but the parents who paid the bribes to get their children in. He’s right. Today we discuss the increasingly irrelevant preparation for the real world that the existing government/university complex gives Americans — a preparation … Read more
by Ron Paul Imagine being robbed every time you receive a paycheck, but once a year getting some of the stolen money back because the thieves took more than they intended. Would you be happy about it? If you are like most Americans the answer is yes, since most people are grateful when they get a … Read more
https://streamable.com/w3a2c NEWSWEEK: “Should William Barr Recuse Himself From Mueller Report? Legal Experts Say Attorney General’s Ties to Russia Are Troubling” https://www.newsweek.com/so-many-conflicts-so-little-time-1396435 h/t KOS
Watch the latest video at foxnews.com This week, the U.S. Supreme Court considers whether to count self-identified illegal immigrants in the 2020 census. Cities worry adding the citizenship question could undercount 6.5 million people. Their argument, however, isn’t just about political power but billions of dollars in federal funds states expect. The case underscores what experts say … Read more
Benjamin Franklin said that: “When the people find that they can vote themselves money that will herald the end of the republic.” How prescient and true. Once theft and redistribution by government is considered acceptable, the downward spiral of civilization begins. It can last for decades, or even centuries. But the end result is always … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The government already owes over $22 trillion, and it’s adding over $1 trillion a year. Who is buying it, and why? (12 min). You can also listen to it on YouTube and subscribe to my YouTube channel.
Week 23 of the national french protests. Let’s see what happens today, word on the street is that there should be confrontations all throughout france. More live feeds following. https://www.pscp.tv/w/1djGXpbNymBGZ?q=acte%2023 Multistream: Yellow Vest protesters warned to keep clear of Notre Dame A total of 60,000 police were deployed across France on Saturday as the country … Read more
by Martin Armstrong QUESTION: Hello Martin, [Analyst} recently …. raise[d] the alarm that the US is headed towards a very bad debt crisis. During an interesting part of the segment, he was asked if the rich should pay higher taxes, and he said “of course”, but he clarifies that what really matters is whether the tax … Read more
From Birch Gold Group Fiscal year 2018 wasn’t a good one for U.S. Government net-worth. While that may hardly be surprising, it’s possible we’re reaching a “tipping point.” From an official report released by the U.S. Treasury, Sovereign Man pulled out a few key highlights: In Fiscal Year 2018, the government’s total net loss was $1.16 TRILLION. … they spent … Read more
When the water changed color from brown to orange, they said the water was safe. When people reported rashes, hair loss, odor and sewage, they said the water was safe. When Legionnaires disease began to infect, and later kill, numerous citizens, they said the water was safe. Why? h/t fiztja
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter There was strong appetite. Only the Fed shed them. Here’s who bought. Over the 12 months through February 2019, the US gross national debt ballooned by $1.26 trillion to $22.1 trillion. Someone had to buy this new pile of debt – but who? That question is getting increasingly crucial as this … Read more
“Once. Only this year. Later on, that’s their problem”: Finance Minister. $3.4 billion in fuel was stolen in 2018, including by insiders. Crackdown now underway. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. After years of falling production, compounding losses, and plunging credit ratings, Pemex, the world’s most indebted oil company, is not in … Read more
By Rodney Johnson This is an expensive week for me. Our wedding anniversary is the 14th, Tax Day is the 15th, and my youngest child’s birthday falls on the 16th. Only two of those days make me happy. This year I’m getting a bit of a refund, but I’ll never see it. Because my income … Read more
This Australian satire channel is pure gold. The British voice is not as good as their Australian one, but they bring the message home like always. 2 minutes to describe everything I feel about this whole thing. h/t Solidarity365
by DCG This womyn is serving her 15th term in Congress. She is a Ranking Member of the Financial Services Committee. She is also an idiot. Hope you are proud, California! DCG
by Mark Nestmann In 1914 Maximilian Bern thought he had it made. After a long career as a successful writer and editor, Maximilian was ready to retire. And he believed he had more than enough savings to support himself. Unfortunately, Maximilian lived in the wrong country – Germany – to finance a comfortable retirement. Germany paid … Read more
by Simon Black Usually around the middle of February each year, the US Treasury Department releases an annual report of the federal government’s financial condition. It’s called the Financial Report of the US Government… and it looks a lot like an annual report that you might see filed by a big company like Apple or Facebook. … Read more
https://www.youtube.com/watch?v=WBNLBWWFvuI
Abby Martin interviews former Technical Director of the National Security Agency, Bill Binney, who blew the whistle on warrantless spying years before Edward Snowden released the evidence. They discuss the US empire’s mass surveillance program and dangers of the Intelligence Industrial Complex. Transcript & Links: https://bit.ly/2VkHT9i
via usatoday: Who would object to the government shifting money from the wealthy to the less fortunate? Except that’s not what happens: Few funds really go to them What is the government’s primary function? If you look at the debates that rage each year when the president’s budget comes out, you’d think it was defense … Read more
by Amy S. America is in DANGER, and several of America’s allies are also in DANGER. The threat of a “permanent blackout” across the United States caused by an EMP(electro-magnetic pulse) weapon has received a lot of press in recent months.Considered an unlikely event by most people in years past, the more it has been discussed in … Read more
https://www.youtube.com/watch?v=5jukrZdGSDU Remove all traitors who dont put Americans 1st AC
by Michael Snyder We have never seen catastrophic flooding like this, and the NOAA is now telling us that there will be more major flooding for at least two more months. On Thursday, the National Oceanic and Atmospheric Administration warned that “historic, widespread flooding” would “continue through May”. More than 90 percent of the upper Midwest … Read more
What is happening in the House of Commons today is a failure of democracy. The Liberals probably lost a confidence vote but it was blocked. Members may have been intimidated and prevented from voting. This is insane. Help me spread the word and fight back against Trudeau if you care about Canada! Marathon Voting … Read more
by Jim Rickards via Daily Reckoning I try to avoid partisan politics in my analysis. And I never try to tell people how to vote or what they should think. I trust my readers to make their own judgments. But sometimes I can’t avoid partisan politics because they can have a major impact on markets and the economy. … Read more
by Joseph Becker via Mises Wire President Obama’s Car Allowance Rebate System (CARS), more popularly known as “Cash for Clunkers,” is now a decade old. For those with short memories or those utilizing the healthy defense mechanism of repression, CARS, enacted by Congress in the summer of 2009, was a Keynesian-inspired stimulus package consisting of a … Read more
RTD Interview Questions: 1. What comes to mind when Joel Bowman hear the words “Rethinking the Dollar”? (1:15) 2. How important is it for citizens to take more interest in their financial education? (3:00) 3. How did Joel Bowman arrive as Editing Director for International Man? (6:30) 4. What are some of the key … Read more