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The Best in Alternative News

Swan Song Of The Central Bankers, Part 2: Yellen’s “My Girl”…

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If you wonder why things are going to get a lot worse before they get better—just consider the following tidbit from today’s political gleanings. It essentially cements the case that Washington is heading straight into a bond market conflagration that will wreak havoc on the Wall Street end of the Acela Corridor. It seems that […]

Fed’s Crackdown on Wells Fargo Will Curb 2018 Profit by $400 Million…

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The Federal Reserve’s decision to cap Wells Fargo growth until it sufficiently improves corporate oversight in the wake of a fake accounts scandal will curb the lender’s profit by as much as $400 million this year, CEO Tim Sloan said. The directive, announced after the close of New York trading on Friday, requires the San […]

Congress Closed America’s Infrastructure Bank. Reopen It…

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Congressman John Faso’s op-ed on Jan. 23 presents the arguments for establishing an American infrastructure bank. The congressman is right that outdated infrastructure hurts all of us. He is right that these networks are the platform on which our economy runs. Our national infrastructure grade of “D,” received from the American Society of Civil Engineers, […]

Economy to Grow at 5.4% Rate in First Quarter…

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The economy is on track to put up blockbuster growth numbers in the first quarter, according to the latest forecast from the Atlanta Fed. GDP is expected to surge 5.4 percent to start 2018, the central bank branch estimated in its latest rolling look at how the economy is progressing. If the forecast holds, it […]

Did Bureau of Economic Analysis Sandbag Report on 4th Qtr U.S. GDP ?….

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The U.S. Fourth Quarter GDP growth was reported two days ago at 2.6% and that stunned everyone who were expecting a much higher number. All U.S. economic indicators including U.S. Holiday consumer spending, which accounts for around two-thirds of total GDP, were off the charts in the fourth quarter growing +5.5% over the prior holiday. […]

The Decline and Fall of General Electric, the Poster Child of Obamanomics…

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Sometimes we look back a decade or so and reconsider our word choice. For instance, I used to call General Electric — with its heavy lobbying, its intimate ties to the White House, all its bets on green energy, on embryonic stem cells, on Obamacare, on industrial policy — the “for-profit arm of the Obama […]

Mick Mulvaney Begins Review of “Entire Operation” Behind CFPB…

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Interim Director of the Consumer Financial Protection Bureau (CFPB), Mick Mulvaney, announces the entire operational architecture of the liberal protection racket is being reviewed. As many reports have indicated, the CFPB was structured to be an unaccountable branch of the government dedicated to controlling the financial industry, and by extension the U.S. economy, by blackmailing […]

The Real Future of Work…

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In 2013, Diana Borland and 129 of her colleagues filed into an auditorium at the University of Pittsburgh Medical Center. Borland had worked there for the past 13 years as a medical transcriptionist, typing up doctors’ audio recordings into written reports. The hospital occasionally held meetings in the auditorium, so it seemed like any other […]

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