Drudge: "Republicans Lied About Tax Cuts", Wants His Vote Back
High Yield Bond ETF Breaks Below Key Technical Level
WTF Chart Of The Day: Consumers 'Love' Trump's Economic Policies
Fillon Formally Charged With Misuse Of Pubic Funds, French Stocks Tumble
Oil Plunge Accelerates After EIA Forecasts Spike In April Shale Output
Oil-Trader Andurand Loses $130 Million In First Two Months... And Then Prices Plunged
Valeant To Open At 8 Year Lows After Ackman Exits With $4 Billion Loss
Blizzard Bust: New York City Cancels Warning
"Wrong Way Gartman" setting himself up for when the same happens to him...
Gartman On Ackman: "We Feel Very Sad For Him To Have Fallen This Hard"
US Producer Prices Spike At Fastest Rate In 5 Years
EU Bans Islamic Headscarf, Sparking Angry Protest From Soros-Funded Group
"The Powers-That-Be Have Looted Everything" - Greek Farmers Fight Riot Police With Shepherd Crooks
Oil Tumbles After Saudis Report Big Jump In Production; Kuwait Warns Of Drop To $45
Goldman Warns CBO Report Will Substantially Delay Obamacare Repeal
North Korea Threatens US With "Merciless Strikes" As US Carrier Arrives
Global Stocks Drop Ahead Of Fed Rate Decision; Dollar Rises As Sterling Tumbles
Is Turkey Lost To The West?
BOE Deputy Governor Resigns After Failing To Disclose Her Brother Works For Barclays
Credit Crash Concerns Spark Biggest Investor Underweight Since 2008
by Justin Spittler, Casey Research:
A new real estate crisis has begun.
You might find that hard to believe. After all, the government put out all sorts of laws and regulations after the last housing crisis. These measures were supposed to protect us from a repeat of the 2008–2009 financial crisis.
Plus, U.S. housing prices are rising, not falling.
But I’m not talking about the housing market. I’m talking about retail real estate.
Read More
A new real estate crisis has begun.You might find that hard to believe. After all, the government put out all sorts of laws and regulations after the last housing crisis. These measures were supposed to protect us from a repeat of the 2008–2009 financial crisis.
Plus, U.S. housing prices are rising, not falling.
But I’m not talking about the housing market. I’m talking about retail real estate.
Read More
by David Stockman, DailyReckoning:
During the run-up to the election, the deep state bureaucrats at the
Treasury built up what I described Friday as Hillary’s debt ceiling “war
chest,” sending the cash balance to $425 billion shortly before
election day.
By contrast, shortly after the election the Treasury stopped selling new debt, and began to actually pay down maturing bills and notes. The Treasury has burned over $338 billion of cash since then. That depleted Hillary’s war chest since she wouldn’t be around to benefit from it.
Or rather, it pumped a veritable tsunami of cash into the canyons of Wall Street.
Read More
During the run-up to the election, the deep state bureaucrats at the
Treasury built up what I described Friday as Hillary’s debt ceiling “war
chest,” sending the cash balance to $425 billion shortly before
election day.By contrast, shortly after the election the Treasury stopped selling new debt, and began to actually pay down maturing bills and notes. The Treasury has burned over $338 billion of cash since then. That depleted Hillary’s war chest since she wouldn’t be around to benefit from it.
Or rather, it pumped a veritable tsunami of cash into the canyons of Wall Street.
Read More
by Prof Michel Chossudovsky, Global Research:
“And you know, we have this mad guy [Kim Jong-un], I guess he’s mad,
either he’s mad or he’s a genius, one or the other, but he’s actually
more unstable, even than his father, …” (Donald Trump, August 2016
during election campaign)
What was indelible about it [the Korean War of 1950-53] was the extraordinary destructiveness of the United States’ air campaigns against North Korea, from the widespread and continuous use of firebombing (mainly with napalm), to threats to use nuclear and chemical weapons, and the destruction of huge North Korean dams in the final stages of the war. …. (Bruce Cumings)
Read More
“And you know, we have this mad guy [Kim Jong-un], I guess he’s mad,
either he’s mad or he’s a genius, one or the other, but he’s actually
more unstable, even than his father, …” (Donald Trump, August 2016
during election campaign)What was indelible about it [the Korean War of 1950-53] was the extraordinary destructiveness of the United States’ air campaigns against North Korea, from the widespread and continuous use of firebombing (mainly with napalm), to threats to use nuclear and chemical weapons, and the destruction of huge North Korean dams in the final stages of the war. …. (Bruce Cumings)
Read More
from Rogue Money:
Of course, this does not mean that the Russia Analyst could ever do the
impossible and prove a negative: that Russian hackers of the FSB or GRU
didn’t get into the DNC’s servers, after 99.9% pillaging every U.S.
government secret found on Hillary Clinton’s home bathroom server.
Indeed if the Russian security services hadn’t data-mined the Clintons
emails and servers for all they were worth, the intelligence officer in
chief of Russia Vladimir Putin would be asking them behind closed doors
if they were doing their jobs. But post-Vault 7 revelations about
Russian and Chinese hacker signatures being stockpiled by Langley,
bolster the argument that those cutsie Cyrillic metadata or signatures
of Soviet secret policeman Feliks Dzerzhinsky the (CIA?) hackers
allegedly left behind never jibed with the professionalism seen by
Russian professionals state or non-state sponsored in other jobs. In
other words, the hacks very likely if they did occur were a false flag
to paper over an already detected insider dump from the DNC.
Read More
Of course, this does not mean that the Russia Analyst could ever do the
impossible and prove a negative: that Russian hackers of the FSB or GRU
didn’t get into the DNC’s servers, after 99.9% pillaging every U.S.
government secret found on Hillary Clinton’s home bathroom server.
Indeed if the Russian security services hadn’t data-mined the Clintons
emails and servers for all they were worth, the intelligence officer in
chief of Russia Vladimir Putin would be asking them behind closed doors
if they were doing their jobs. But post-Vault 7 revelations about
Russian and Chinese hacker signatures being stockpiled by Langley,
bolster the argument that those cutsie Cyrillic metadata or signatures
of Soviet secret policeman Feliks Dzerzhinsky the (CIA?) hackers
allegedly left behind never jibed with the professionalism seen by
Russian professionals state or non-state sponsored in other jobs. In
other words, the hacks very likely if they did occur were a false flag
to paper over an already detected insider dump from the DNC.Read More
by Pat Cascio, Survival Blog:
Continuing on with testing all-metal firearms, as requested by many of
our readers, here’s one of my favorite double-stack 9mm handguns. The
CZ-85B is simply an upgraded model of the original CZ-75. For many
years, the CZ-75 was hard to come by in the USA, because it was produced
in the Czech Republic when it was behind the “Iron Curtain”. The few
CZ-75 handguns that were in the USA were very hard to come by and
expensive, very expensive!
Because of the scarcity of the original CZ-75, a number of near-clones of this gun appeared. One of the most recognized, coming from Italy, was imported by several different companies into the U.S.
Read More
Continuing on with testing all-metal firearms, as requested by many of
our readers, here’s one of my favorite double-stack 9mm handguns. The
CZ-85B is simply an upgraded model of the original CZ-75. For many
years, the CZ-75 was hard to come by in the USA, because it was produced
in the Czech Republic when it was behind the “Iron Curtain”. The few
CZ-75 handguns that were in the USA were very hard to come by and
expensive, very expensive!Because of the scarcity of the original CZ-75, a number of near-clones of this gun appeared. One of the most recognized, coming from Italy, was imported by several different companies into the U.S.
Read More
by Tim Brown, Freedom OutPost:
CNN, the real Fake News network, despite the libelous claims of a no
name Harvard fake professor who failed to name them as fake news while
declaring a plethora of conservative websites as “fake news,” has been
promoting a documentary titled “Stranger Fruit,” a lop-sided video that
uses heavily edited video from Michael Brown’s visit to the Ferguson
Liquor Market the night before he was shot and killed. Following the
promotion of the video, shots were fired at the market, leading many to
believe that CNN is twisting the story, as they often have, in order to
cite insurrection.
First, consider the video aired on CNN.
Read More
CNN, the real Fake News network, despite the libelous claims of a no
name Harvard fake professor who failed to name them as fake news while
declaring a plethora of conservative websites as “fake news,” has been
promoting a documentary titled “Stranger Fruit,” a lop-sided video that
uses heavily edited video from Michael Brown’s visit to the Ferguson
Liquor Market the night before he was shot and killed. Following the
promotion of the video, shots were fired at the market, leading many to
believe that CNN is twisting the story, as they often have, in order to
cite insurrection.First, consider the video aired on CNN.
Read More
by Keith Weiner, Sprott Money:
The question on the lips of everyone who plans to exchange his metal
for dollars—widely thought to be money—is why did silver go down? The
price of silver in dollar terms dropped from about 18 bucks to about 17,
or about 5 percent.
The facile answer is manipulation. With no need of evidence—indeed with no evidence—one can assert this and not be questioned in the gold and silver communities. We have recently come across a term normally used to describe Leftists and Social Justice Warriors, “ virtue signaling”. One piously declares that one supports the cause, one speaks truth to power, one sticks it to The Man, well you get the idea. The concept of virtue signaling seems equally appropriate to those who sing the chorus on every price drop, “manipulation.”
Read More
The question on the lips of everyone who plans to exchange his metal
for dollars—widely thought to be money—is why did silver go down? The
price of silver in dollar terms dropped from about 18 bucks to about 17,
or about 5 percent.The facile answer is manipulation. With no need of evidence—indeed with no evidence—one can assert this and not be questioned in the gold and silver communities. We have recently come across a term normally used to describe Leftists and Social Justice Warriors, “ virtue signaling”. One piously declares that one supports the cause, one speaks truth to power, one sticks it to The Man, well you get the idea. The concept of virtue signaling seems equally appropriate to those who sing the chorus on every price drop, “manipulation.”
Read More
by Paul Craig Roberts, Paul Craig Roberts:
The CIA created and accumulated from other sources a huge array of
malware and cyber attack capability capable of stealing information from
any individual, any government, any corporation, any intelligence
agency and either leaving no trace or leaving a “fingerprint” of an
innocent party. The CIA, being arrogant and incompetent, lost control
over its monster which escaped and now is in the hands of we know not
who. Floating around the Internet, it was sent to WikiLeaks. Listen to
Julian Assange’s explanation of the capability of the CIA’s spyware,
which includes end runs around encryption.
https://www.youtube.com/watch?v=aha8bicPN88
Read More
The CIA created and accumulated from other sources a huge array of
malware and cyber attack capability capable of stealing information from
any individual, any government, any corporation, any intelligence
agency and either leaving no trace or leaving a “fingerprint” of an
innocent party. The CIA, being arrogant and incompetent, lost control
over its monster which escaped and now is in the hands of we know not
who. Floating around the Internet, it was sent to WikiLeaks. Listen to
Julian Assange’s explanation of the capability of the CIA’s spyware,
which includes end runs around encryption.
https://www.youtube.com/watch?v=aha8bicPN88Read More
by Wolf Richter, Wolf Street:
Tax planning for a post-Brexit world.
In its report on the “world’s worst corporate tax havens” last December, Oxfam rated Luxembourg in 7th place, behind Bermuda, Cayman Islands, the Netherlands, Switzerland, Singapore, and Ireland.
But the “City of London,” a largely autonomous square mile within London where the threads of global finance meet, was given a special mention: The number one “unexpected absence” from the list of the top 15 worst tax heavens. Oxfam’s report put it this way:
Read More
Tax planning for a post-Brexit world.In its report on the “world’s worst corporate tax havens” last December, Oxfam rated Luxembourg in 7th place, behind Bermuda, Cayman Islands, the Netherlands, Switzerland, Singapore, and Ireland.
But the “City of London,” a largely autonomous square mile within London where the threads of global finance meet, was given a special mention: The number one “unexpected absence” from the list of the top 15 worst tax heavens. Oxfam’s report put it this way:
Read More
by Dave Kranzler, Investment Research Dynamics:
I am compelled to correct a report posted on Zerohedge about the
cliff-dive going on in commercial, industrial and consumer loans. The
report in ZH suggested the plunge is connected to two possibilities: 1)
this one from a Wall Street sleazebag from Barclays: “it is possible
that companies have shifted from the loan to the bond market, and are
selling more bonds to lock in cheap financing before rates rise, while
not encumbering assets with issuing unsecured debt;” and 2) political
uncertainty connected to Trump.
The first possibility could have some small amount of legitimacy except that if you parse through all the data available at the Fed, you’ll see that bank credit has plunged across the entire spectrum of U.S. business (I used size of loan as the proxy). Smaller businesses do not have access to public credit markets and thus the first explanation is the typical apology for a negative economic report that we would expect from a Wall Street con-artist. The second possibility is part of the anti-Trump narrative found in the fake news reports coming from the ignorant.
Read More
I am compelled to correct a report posted on Zerohedge about the
cliff-dive going on in commercial, industrial and consumer loans. The
report in ZH suggested the plunge is connected to two possibilities: 1)
this one from a Wall Street sleazebag from Barclays: “it is possible
that companies have shifted from the loan to the bond market, and are
selling more bonds to lock in cheap financing before rates rise, while
not encumbering assets with issuing unsecured debt;” and 2) political
uncertainty connected to Trump.The first possibility could have some small amount of legitimacy except that if you parse through all the data available at the Fed, you’ll see that bank credit has plunged across the entire spectrum of U.S. business (I used size of loan as the proxy). Smaller businesses do not have access to public credit markets and thus the first explanation is the typical apology for a negative economic report that we would expect from a Wall Street con-artist. The second possibility is part of the anti-Trump narrative found in the fake news reports coming from the ignorant.
Read More
by Richard Sauder, Event Horizon Chronicle:
Permit me to set the scene. This has all been set up by the Deep State, over a period of many years, in fact.
To begin with, Donald Trump is not an outsider, he’s an insider, and has been for a long time. He’s a New York City multi-billionaire with numerous business and personal contacts in industry, high finance and government at all levels. That has been true for decades, even before he ran for political office.
The Trump brand was conspicuously pre-positioned before the public’s eyes for decades. It’s called product placement and in this case the product being sold is Trump. It’s a familiar advertising technique. Very few people have their own network TV program.
Read More
Permit me to set the scene. This has all been set up by the Deep State, over a period of many years, in fact.To begin with, Donald Trump is not an outsider, he’s an insider, and has been for a long time. He’s a New York City multi-billionaire with numerous business and personal contacts in industry, high finance and government at all levels. That has been true for decades, even before he ran for political office.
The Trump brand was conspicuously pre-positioned before the public’s eyes for decades. It’s called product placement and in this case the product being sold is Trump. It’s a familiar advertising technique. Very few people have their own network TV program.
Read More
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