Santelli Exchange: Lying prices from CNBC. Johns Hopkins University Professor Steve Hanke and CNBC’s Rick Santelli discuss federal spending, debt and productivity. https://www.cnbc.com/video/2019/02/05/santelli-exchange-lying-prices.html?&qsearchterm=Rick%20Santelli
From Brandon Smith The mainstream economic community has a notoriously short attention span and a lack of long-term perspective. After the longest government shutdown in American history subsided, the mainstream proclaimed the fight well and over – in other words, nothing to see here, Trump “folded” and all is well. Of course, what they consistently seem … Read more
On this episode of the Geopolitical Report, I take a look at the Nazi plan for world government and its realization in the creation of the European Union. The bankers and corporatists who funded Hitler and the Nazi socialists wanted a strong centralized government firmly within their control. Following the defeat of the Nazis, the … Read more
by Nolan_Knight So I have an opportunity to convert from a federal government contractor to a federal government civilian employee. My issue is that I’ll have to take a pay cut in order to do so. Here’s some of the key details: Edit: Current salary is about $105K. The max I can start at … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter China, Japan, other foreign entities dumped US Treasuries. But someone had to buy. Here’s who. Under the impact of a stupendous spending binge peppered with juicy tax cuts, the Treasury Department has had to issue a flood of Treasury securities to fund the cash outflow. So, over the past 12 months, … Read more
by TIMOTHY_TRISMEGISTUS The definition of ‘Continuity of Government’ is a set of contingency plans to ensure that essential government functions remain in place after a disaster such as nuclear war. In the United States, Continuity of Government plans have been on the books since at least the Eisenhower administration. The plans involved building intricate hidden … Read more
From Birch Gold Group The temporarily-ended government shutdown didn’t have had a large effect on the U.S. economy, but it may have revealed something disturbing about the savings of 80% of Americans. They aren’t prepared if the economy get worse. MarketWatch published some recent findings in an op-ed (emphasis ours): Why do a few weeks without pay turn into … Read more
https://youtu.be/GAaCjW8uxkQ MAJOR UPDATE! As of Fri. Jan. 25th, 2019, President Trump announced that the government would reopen for 21 more days in order to discuss a “resolution deal” for the border wall. If no deal is reached as of Fri. Feb. 15th, 2019, the government could potentially shut down once more. This continuing resolution follows … Read more
More NBC/WSJ poll: Pelosi’s negatives shot up during government shutdown more than any pol // now the most unpopular politician tested in the survey. pic.twitter.com/pSMBFydwx7 — Josh Kraushaar (@JoshKraushaar) January 27, 2019 POLL: Nancy Pelosi most unpopular national politician in America Despite the beating he takes from the mainstream media on a daily basis, President … Read more
Ryan Saavedra for the Daily Wire reports, Presidential hopeful Sen. Elizabeth Warren (D-MA) appeared to not know how many branches of government exist during a Tuesday interview on CNN. https://www.youtube.com/watch?v=JX8_z9Zls34 Read More/Source/Credit/FairUse: https://www.dailywire.com/news/42576/…
YouTube/PeterSchiff, Released on 1/25/19 Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street … Read more
by Martin Armstrong It is interesting to watch how the press spins the fact that Trump has agreed to fund the government for three weeks. Our computer strangely was picking the week of February 11th the first week of January. I was wondering what possible event will surface for that target. Now we have it. … Read more
by Simon Black It’s been more than a month since the federal government shut down. We all know the familiar story of the 800,000+ workers, and the millions of contractors, who are not receiving paychecks. (Plus there are millions of other workers and small businesses in the private sector whose incomes depend at least partially on … Read more
by Brian Maher of Daily Reckoning The government “shutdown” enters its second month. But today we raise a celebratory cheer… A cheer for the temporary unemployment of one subset of furloughed federal employees. We refer to the government statisticians who collect, sort, analyze, worry, torture and weaponize economic data. That is, those who throw false weights … Read more
by sundance The McConnell (Republican) amendment to the appropriations bill which would have funded government, including funding for a border wall/fence, failed to pass the Senate. One Democrat Senator (Joe Manchin) voted to support the republican plan. Two Republicans (Mike Lee and Tom Cotton) voted against the Republican plan. Next up…. The Chuck Schumer (Democrat) amendment … Read more
By Lance Gaitan The partial government shutdown is obviously affecting federal employees that aren’t getting paid, but for the most part, life goes on. These federal workers might be in a pinch right now, but eventually they’ll get paid back for doing nothing during the longest shutdown ever. I agree with Fox contributor John Stossel … Read more
by FS Ryan Sweet, Director of Real-Time Economics for Moody’s Analytics spoke with Financial Sense’s Jim Puplava on the impact of the government shutdown on U.S. GDP and how it’s not only affecting thousands of American families but is beginning to trickle into areas of the economy like housing and small business. Sweet tells us when he … Read more
via Sven Henrich: The government shutdown, the longest in history, comes with a hidden revelation: Millions of Americans are financially unprepared for the next economic downturn. Worse, they are highly vulnerable, with few protections available to them. Ten years after the financial crisis, the economic recovery has left millions behind with little to no savings, and … Read more
via rollingstone: October 4th, 2018, was a busy news day. The fight over Brett Kavanuagh’s Supreme Court nomination dominated the cycle. The Trump White House received a supplemental FBI report it said cleared its would-be nominee of wrongdoing. Retired Justice John Paul Stevens meanwhile said Kavanaugh was compromised enough that he was “unable to sit as a judge.” … Read more
via Zerohedge: The Pension Benefit Guaranty Corp (PBGC) said in a Friday press release that it believes Sears Holdings Corp’s “continuation of the plans is no longer possible” following the Company’s October bankruptcy, after it was revealed in a Friday filing that Chairman Eddie Lampert’s $5.2 billion rescue package does not include pension plans. PBGC, a government … Read more
Cassandra Fairbanks for the Gateway Pundit reports, Senate Majority Leader Mitch McConnell (R-KY) has blocked a third bill to reopen most of the government without funding the wall. https://www.youtube.com/watch?v=kaDVAPQhqqg Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019… The Hill reports, “the Senate GOP leader didn’t explain his objection from the Senate floor but he has warned for weeks that he will … Read more
Via The Babylon Bee U.S.—The economic toll of the government shutdown is growing by the day, and experts now believe the cost of having the government partially closed down is nearly as bad as the economic toll of a functioning government interfering in our economy, businesses, and private decisions in the first place. “It’s really … Read more
I like this guy a lot. I wish he was still on mainstream media. I guess his views were to on point for them. Another great video. h/t Banana Fighter
https://www.youtube.com/watch?v=qkwcZqF_VGc http://archive.fo/YcIcu
via engadget: POTUS has signed a bill into law that includes the OPEN Government Data Act, following approvals (and amendments) from the Senate and then by the House of Representatives. The sweeping legislation is aimed at making public data released by the government easier to access via smartphones and other electronic devices. It essentially requires that federal agencies publish … Read more
BY SRSROCCO The U.S. Federal debt bomb continues to increase, even with the government shut down. In just one day, the U.S. public debt increased $50 billion on Jan 15th. While the total outstanding Federal debt has now reached nearly $22 trillion, it doesn’t include all U.S. government debt. That’s correct… there’s a lot more … Read more
by Playaguy It’s even worse than many people feared. In their economic update, the Trudeau Liberals have announced a series of measures that add up to a $600 million media bailout. Instead of letting the Canadian People pick and choose which media companies to support freely, the Trudeau Liberals are forcing you to bail out … Read more
via americanthinker: Has President Trump suckered Democrats and the Deep State into a trap that will enable a radical downsizing of the federal bureaucracy? In only five more days of the already “longest government shutdown in history” (25 days and counting, as of today), a heretofore obscure threshold will be reached, enabling permanent layoffs of bureaucrats furloughed … Read more
by Ryan McMaken via Mises Wire Whether its CNBC, or The New York Times, or NPR, the mainstream media is clearly committed to using the current partial government shutdown to portray federal workers as beleaguered victims of the American political system. But, in all cases I’ve encountered, these reports neglect to mention that on average, civilian federal workers make … Read more
https://www.youtube.com/watch?v=TRqiAFYeFzI As of Mon. Jan. 14th, 2019, the U.S. Government has now officially reached its 24th day of shutdown and going into the 4th week — the longest in recorded U.S. history. Ever since the shutdown commenced as of the evening of Sat. Dec. 22nd, 2018, more reports suggest that the government shutdown could continue … Read more