German automaker Daimler, maker of Mercedes-Benz cars, is recalling more than a million vehicles worldwide over a wiring defect that could unexpectedly trigger the air bag. Germany’s dpa news agency reported Monday that 400,000 of the vehicles were registered in Britain and several hundred thousand in Germany, with other countries to follow. Affected models include […]
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Daimler to Recall Over 1M Cars…
How to Wipe Out Puerto Rico’s Debt Without Hurting Bondholders by Ellen Brown…
During his visit to hurricane-stricken Puerto Rico, President Donald Trump shocked the bond market when he told Geraldo Rivera of Fox News that he was going to wipe out the island’s bond debt. He said on October 3rd: You know they owe a lot of money to your friends on Wall Street. We’re gonna have […]
Poland Says No Thanks to $9.2B Credit Line from IMF…
Warsaw will withdraw from the International Monetary Fund’s precautionary Flexible Credit Line (FCL) worth billions of dollars, according to the country’s finance ministry. “We are resigning from a $9.2 billion credit line from the IMF. The Polish economy is in such a good situation that we can do it,” the ministry quoted Finance Minister Mateusz […]
Bill Blain: “This Time it Really Is Different! The Machines Have Taken Over and They Will Never Sell”…
Forget the Known Unknows, its the shocking surprises that are going to get us – “Bubbles don’t grow out of thin air, they have a solid basis in reality. But, reality is distorted by misconception..” And it’s a bad start to the week as my Bloomberg obliquely gave the finger by refusing to log me […]
TREND: 16.7 Million Cut the Cord to Television and DirectTV…
A day after DirecTV parent AT&T said it would lose subscribers because people are ditching their satellite and cable television services — a phenomenon known as cord-cutting — shares of companies heavily invested in the TV industry tumbled. Shares of AT&T, the culprit in Thursday’s sell-off, dropped 6 percent, dragging shares of its presumed merger […]
Yummy, Yummy Glyphosate!…
Now it’s in ice cream too: The controversial weed killer glyphosate has repeatedly been detected in goods we regularly consume. The doses may be small, but the fact is, however, worrying. Glyphosate has been found in Ben & Jerry’s ice cream samples from France, Germany, the Netherlands and the UK, according to a report by […]
Sears Canada Liquidates: 12,000 Canadians to Lose Their Jobs…
12,000 jobs may not sound like much but that’s roughly how many jobs Canada adds to its economy each month. Only in this case, that’s how many workers are about to find themselves without a job because overnight Sears Canada announced plans to liquidate its remaining 150 stores instead of restructuring, the latest admission of […]
American Cartel: Billionaire Family Behind OxyContin Apparently Spends ZILCH Rehabbing Addicts by Ethan Barton…
The Sackler family has amassed a multi-billion dollar fortune through Purdue Pharma – the drug manufacturer widely accused of helping launch the opioid epidemic – but a Daily Caller News Foundation investigation found no evidence the family is using their vast personal wealth to help victims fight their addiction. Generous donations have allowed the family […]
U.S. Chamber of Commerce President Tom Donohue Rages: President Trump is Existential Threat to NAFTA…
Here we go… buckle up, and grab the popcorn. This is the part where the “trillions at stake” comes into play… U.S. Chamber of Commerce President Tom Donohue is now engaged in a direct fight with U.S. President Donald Trump. As would be expected, and as we specifically predicted, Tom Donohue is now specifically aligning […]
Health Insurers in Florida Request Premium Hikes As High As 71%…
Obamacare plan premiums may increase an average of 45 percent in Florida next year due to health care insurers rate hike requests, according to Florida’s Office of Insurance Regulation. There are six insurers in Florida selling plans on and off the exchanges in 2018 including Blue Cross and Blue Shield, Celtic Insurance Company, Florida Health […]
EPA Moves to Repeal Obama’s Clean Power Plan Coal Regs…
EPA Administrator Scott Pruitt announced Monday that the Trump administration is moving to scrap the Clean Power Plan, the Obama administration’s signature regulatory program to curb emissions from coal-fired power plants. Pruitt made the announcement at an event in Hazard, Ky., casting the previous policy as unfair. “That rule really was about picking winners and […]
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U.S. Chamber of Commerce Takes Direct Adversarial Position to U.S. NAFTA Trade Framework…
CTH has called out the anti-American economic positions of the U.S. Chamber of Commerce for many years. The U.S. CoC is the largest DC lobbying group for multinational corporations and multinational financial interests. The CoC is at the very epicenter of the financial constructs that support the Washington DC UniParty. When President Trump won the […]
Outgoing Coach Rick Pitino Reportedly Pocketed 98 Percent of the School’s $39M Contract with Adidas…
Embattled Louisville basketball coach Rick Pitino reportedly pocketed as much as 98 percent of the school’s five-year, $39 million deal with Adidas while leaving less than a million for the school and the program. Specifically, over the 2014-15 and 2015-16 seasons, Pitino made $3 million under a personal services agreement with Adidas while only $35,000 […]
The Bureau of Labor and Statistics, BLS, Caught Fabricating Wage Data…
While it’s not the first time we have observed the BLS manipulate data (the last time was in “This Is What Happens When The Bureau Of Labor Statistics Is Caught In A Lie”), never before had we actually caught the Bureau Of Labor Statistics openly fabricating data. Until now. As reported earlier today, in one […]
What Hurricane: Full-Time Jobs Soar by 935,000, Biggest Increase in the 21st Century…
Not only was there much confusion ahead of the September payrolls report, there was just as much confusion inside it, because while the market decided to ignore the 33,000 drop in payrolls (as per the Establishment Survey), the first monthly decline in 7 years and instead focus on the just as widely expected spike in […]
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NFL Players’ Union Teamed Up with George Soros to Fund Leftist Advocacy Groups…
Even before its feud over the national anthem with President Trump, the NFL Players Association wasn’t on the same political team as many of its fans, judging from its contributions to leftist advocacy groups. Tax documents released by 2ndVote show the NFLPA donated $5,000 in 2015 to the Center for Community Change Action, a group […]
Did IRS Overstep in $5 Million Campaign to Pressure Americans on Obamacare?…
The IRS would never push legal boundaries in order to pursue the ideological agenda of a political party in Washington D.C., right? Well, aside from that time that Lois Lerner used her position inside the IRS to target Tea Party Organizations in order to help Obama get re-elected in 2012, of course. While we all […]
N.J. Mega Car Dealer Pulls TV Ads Over NFL Protests…
In response to the ongoing controversy surrounding NFL players kneeling during the national anthem, the owner of Flemington Car and Truck Country has pulled the dealership’s ads from broadcasts of games for the remainder of the 2017 season. “The National Football League and its owners have shown their fans and marketing partners that they do […]
Fox Sports: We Will No Longer Air National Anthem Before NFL Games…
Fox Sports will no longer air coverage of the national anthem before its NFL games, the network said on Sunday in a statement to Sports Illustrated. With the exception of the London matchup between the Miami Dolphins and New Orleans Saints, Fox Sports plans to follow “standard procedure” and broadcast regionalized coverage without airing the […]
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