by WARREN MOSLER Spending was up, but unfortunately due to higher gas prices, which were paid for by further dipping into savings that were already far too low. So looks to me like q2 is off to a very uncertain …
WSFA.com Montgomery Alabama news. MONTGOMERY, AL (WSFA) – Gov. Kay Ivey announced a program Wednesday that will train administrators in school security. The voluntary Alabama Sentry Program will allow administrators in schools without a school resource officer to have a firearm …
Self-driving automobiles will be PRISONS-on-wheels controlled by tyrannical governments. Kiss your personal freedom goodbye. https://youtu.be/VIa-velBIW4 h/t anon-opbeast
by Jesse The data seems to indicate that a sharp decline in Real Median Personal Income to a negative growth year over year seems to precede an economic recession. As for the causes of this correlation, one might well wonder. But given …
via The Street: The reasons that the Fed introduced ZIRP in the aftermath of the 2008 crisis are now immaterial. All that matters now is what the Fed will do going forward. And math dictates that regardless of why interest …
In a filing on Monday with the Securities and Exchange Commission which was provided to congressional committees, the exact scope of the Equifax data breach was revealed. Just how much personal data was exposed in the Equifax breach of 2017? The sensitive, …
via Doug Short Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their …
via Zero Hedge For the 26th straight month, US spending growth has exceeded income growth. Both income and spending were in line with expectations but the much-watched PCE Deflator was a little hot (+1.8% vs 1.7% exp) at its highest …
by Simon Black It’s been a few months since I’ve traveled to Medellin– I have a number of investments and business interests in this region, and I like to check in on them from time to time. Plus, Medellin is a …
WASHINGTON — President Donald Trump on Friday said he would re-examine federal policies restricting troops from carrying private firearms on military bases, calling it an important safety issue. “We’re going to look at that whole military base gun-free zone,” he …
Gergen said Trump’s criticisms of the press and actions as president appear to illustrate the advent of “authoritarian regimes.” However, Carlson disagreed, pointing to pieces of the left’s agenda that Gergen is apparently overlooking. He said that people who “want …
by WARREN MOSLER Pretty much in line with expectations, but last month’s spending increase means what I think was an unsustainably low savings rate is now even lower. Highlights Personal income rose 0.4 percent in December with wages and salaries up …
JW: New Documents Reveal More Instances of Classified Information on Hillary Clinton’s Unsecure, Non-‘State.gov’ System Emails Reveal Clinton Had Extensive Knowledge of the Operation and Security Issues with Her Non-‘State.gov’ Email System (Washington, DC) – Judicial Watch today released 78 pages of new …
People of a certain age will remember the days when getting a personal loan was a time consuming and pretty stressful affair that involved lengthy processes and a lot of inconvenience. These days, it is fast, simple, and extremely convenient …
If you are in need of funds to finance your personal expenses like a vacation or a wedding, you may have considered going for an unsecured loan. Also known as a personal loan, this is a loan where the lender …
by Dana Lyons The following guest post is a first-hand account of the events surrounding the Crash of 1987 by JLFMI President, John S. Lyons. Personal Recollections of the Crash of 1987 on its 30th Anniversary “There was no ‘smart …
The Head & Shoulders No One is Talking About pic.twitter.com/beeYp8saK1 — Alastair (@StockBoardAsset) September 28, 2017 China’s mortgage debt bubble raises spectre of 2007 US crisis Many young homeowners in booming cities owe more than they earn, and some even …
https://www.youtube.com/watch?v=bO5RgApDy-U Financial newsletter writer Lior Gantz says the most dangerous debt problem in the world is not debt held by governments, but personal debt held by the public. Gantz says, “Personal consumer debt is at an all-time high. When student …
By Michael Snyder We are living in the greatest debt bubble in the history of the world. In 1980, total government and personal debt in the United States was just over the 3 trillion dollar mark, but today it has …
What this comes down to is AG Loretta Lynch has ordered the NSA to provide ALL signals intelligence it has collected on ANYONE, ANYWHERE to any US Agency that has a Intelligence unit attached to it, and asks for it, …