Is Bannon Back? Senior Trump Advisers Push Kushner To "Take A Step Back"

Despite Kelly and McMaster both brushing off Kushner's 'Russian back-channel' story as standard practice for new administrations, increasing controversy surrounding the president's son-in-law have reportedly prompted senior advisers to suggest it's time for Kushner to "take a step back."

Kim Jong-Un Watches As North Korea Tests New Anti-Aircraft Weapon

"Kim Jong Un ... watched the test of a new type of anti-aircraft guided weapon system... This weapon system... will completely spoil the enemy's wild dream to command the air, boasting of air supremacy and weapon almighty," the North Korean press agency said.

Trump Returns, Unleashes Tweetstorm

"Whenever you see the words 'sources say' in the fake news media, and they don't mention names it is very possible that those sources don't exist but are made up by fake news writers. #FakeNews is the enemy!"

US Deploys Third Aircraft Carrier Toward North Korea

The United States is sending a third aircraft carrier strike force to the western Pacific region in an apparent warning to North Korea to deter its ballistic missile and nuclear programs. It is extremely rare for the U.S. military to deploy three aircraft carriers in close proximity to each other absent current or imminent military action.

Kushner Role In White House Suddenly Unclear; May "Return To Private Life"

According to a pair of weekend reports from the WaPo and NYT, Kushner's fate in the White House is suddenly in question, and he has told friends that "he and his wife have made no long-term commitment to remain by Mr. Trump’s side, saying they would review every six months whether to return to private life in New York."

Believing The Russian "Hacking" Claim

Government lies are common when seducing a population to support a war, but the Russian “hacking” claims are unusual in that U.S. officials supply no evidence while the “fact” is just assumed,

Visualizing The Expanding Universe Of Cryptocurrencies

Bitcoin is the original cryptocurrency, and its meteoric rise has made it a mainstay of conversation for investors, media, and technologists alike. But the true impact of Bitcoin is actually far more reaching than this – it’s actually helped to birth new markets for over 800 other cryptocurrencies and assets that are available for online trading. And while the market for bitcoins is worth nearly $40 billion itself, the rest of these cryptocurrencies are actually worth even more in combination.

Matt Taibbi: "Gianforte's Win Confirms The Democrats Need A New Message"

There is now a sizable list of election results involving Republican candidates who survived seemingly unsurvivable scandals to win higher office. The lesson in almost all of these instances seems to be that enormous numbers of voters would rather elect an openly corrupt or mentally deranged Republican than vote for a Democrat. But nobody in the Democratic Party seems terribly worried about this...

Albert Edwards: "What On Earth Is Going On With US Wages"

"What on earth is going on with US average hourly earnings (AHE)? Three consecutive Employment Reports have seen this key measure of wage inflation surprise by its weakness. I feel especially foolish as I had written that wages were set to accelerate sharply" - Albert Edwards

Federal Bureaucrats To The Public: Be Afraid!

States have always thrived on the fear of the taxpayers, and states have always justified their existence in part on the idea that without the state, we'd all be overrun by barbarians, or murdered by our neighbors. Keeping this tradition alive is Department of Homeland Security John Kelly who recently claimed that people would "never leave the house" if they "knew what I know about terrorism." 

The Golden Conspiracy

"Is there gold price manipulation going on? Absolutely. There’s no question about it. That’s not just an opinion... Now, where is the manipulation coming from? There are a number of suspects but you need look no further than China. "

Fed Fail? Traders Cut Rate-Hike Bets By The Most In History Last Week

The last two weeks have seen speculators cover over $710 billion worth of Fed rate-hike bets - the biggest move in Eurodollar futures history as Trump concerns and Fed Minutes reignite lost faith in the ebullient future that sparked the creation of a record $3 trillion bet that The Fed will be right this time.

...And Now For The Bad News

This is the most important thing to understand about US federal government spending: the built-in costs are so extreme that they can’t possibly make ends meet. And the problem becomes worse each year...