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 […]
NFL Risks Billions in Publicly Funded Stadiums As Millionaire Players Stage Kneeling Protests…
American taxpayers shelled out billions of dollars to build the stadiums that National Football League players are now using to stage their kneel-down protests of the national anthem. The players say they have a right to express their displeasure with racism in the U.S. with their protests, but lawmakers say the NFL could be risking […]
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Wilbur Ross Smacks Canadian Airline Company Bombardier With 220% Countervailing Duty…
Whoo-doggies, Wilburine ain’t messing around with this dispute. U.S. aerospace manufacture Boeing filed an unfair trade complaint against Canadian aerospace company Bombardier stating the Canadian government was subsidizing the manufacturing of 100- to 150-seat large civil aircraft. Canada does subsidize their airline manufacturing, everyone knows this is true – even Canadians admit it…
Governments Are Testing Their Own Cryptocurrencies…
The people of Sweden are breaking up with cash. The number of banknotes and coins in circulation has fallen to its lowest level in three decades. Riksbank, Sweden’s central bank, estimates that cash transactions made up only 15 percent of all retail transactions last year, down from 40 percent in 2010, thanks in large part […]
Government Regulation, Crony Capitalism Is Keeping 1000s in Florida Without Power…
Almost two weeks have passed since Hurricane Irma made landfall in South Florida, yet tens of thousands remain without power. With temperatures regularly eclipsing over 90 degrees, these outages are not only a grave inconvenience for Floridians cleaning up after the storm, but have proved to be deadly. Given the power of Irma…
Bay Area Sues Big Oil For Billions…
The cities of San Francisco and Oakland have filed lawsuits against Chevron, Exxon, ConocoPhillips, BP, and Shell for the effect of their activities on climate change: higher sea levels. The cities seek billions in damages to counteract the effects of the changing climate. Reuters quoted San Francisco officials…
“This is where the next financial crisis will come frome”…
In an extensive, must read report published on Monday by Duetsche Bank’s Jim Reid, the credit strategist unveiled an extensive analysis of the “Next Financial Crisis”, and specifically what may cause it, when it may happen and how the world could respond assuming it still has means to counteract the next…
The Federal Reserve Is Setting America Up for Economic Disaster…
I recently had the opportunity to read “The Creature from Jekyll Island” by G. Edward Griffin, a prodigious tome dealing with the circumstances surrounding the creation of the U.S. Federal Reserve System. I was taken aback by some of its provocative assertions…
Small-Town American Budgets Devastated by Opioid Crisis as 41 States Subpoena Big Pharma…
A surge in Opioid consumption, primarily prescription painkillers, heroin and fentanyl – a drug 50 to 100 times more powerful than morphine – and the resulting spike in overdose related deaths is devastating families in rural America. But the opioid epidemic is laying waste to more than just the broken families…
Putin Orders to End Trade in U.S. Dollars at Russian Seaports…
Russian President Vladimir Putin has instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, according to the Kremlin website. To protect the interests of stevedoring companies with foreign currency obligations, the government was instructed…
Lies, Lies & OMG More Lies…
Every month the government apparatchiks at the Bureau of Lies and Scams (BLS) dutifully announces inflation is still running below 2%. Janet Yellen then gives a speech where she notes her concern inflation is too low and she needs to keep interest rates near zero to save humanity from the scourge of too low inflation.
If Jamie Dimon Hates It So Much, Why Is JPMorgan Buying Bitcoin In Europe?…
Unless you have been living under a rock for the past week, you will be well aware of JPMorgan CEO Jamie Dimon’s panicked outburst with regard the ‘fraud’ that Bitcoin’s ‘tulip-like’ bubble is. To paraphrase: “It’s a fraud. It’s making stupid people, such as my daughter, feel like they’re geniuses. It’s going to get…
Retirees on Tap for Biggest Increase in Social Security Benefits Since 2011…
The increase in the cost-of-living allowance for Social Security benefits next year is likely to be about 2 percent, according to the latest data, which would be the biggest hike since 2011. The official increase will be released in October, after the Bureau of Labor Statistics releases the September data…
Obama Has the Same Retirement Plan as the Clintons: Lavish Speaking Fees from Wall Street…
The “Wall Street Democrats” is the wing of the party created by the Clintons and nurtured further by Barack Obama. It takes money hand over fist from Wall Street for political campaigns, wags a warning finger at Wall Street from the public podium while stuffing its administrations with Wall Street execs, then its leadership…
Former UBS Trader Arrested, Charged With Rigging Gold Prices…
Three years after we first identified the former head of UBS’s gold desk in Zurich as someone directly implicated in the rigging of precious metals prices, Bloomberg reports that Andre Flotron, a Swiss resident, was arrested while visiting the U.S., according to people familiar with the matter…
Bitcoin at Crossroads After Shedding Nearly $20B in Value…
Did Jamie Dimon obliterate bitcoin’s buzz? Bitcoin and other digital currencies have been getting absolutely toasted in recent trade, with some wondering if withering criticism from Wall Street heavyweights, like J.P. Morgan Chase’s JPM, +0.29% CEO, and growing regulatory scrutiny in China have finally combined…
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