Real estate

Privatize The Public Monuments

"...when approaching the problem of government monuments and memorials, we encounter the same problem we have with public schools. Whose values are going to be pushed, preserved, and exalted? And, who's going to be forced to pay for it?"

Wasserman Schultz IT Staffer Indicted By Grand Jury On 4 Counts

The walls may be closing in on Debbie Wasserman Schultz after her former IT aide, the one who was arrested by the FBI at Dulles airport last month while trying to flee the country to Pakistan via Qatar, has officially been indicted by a grand jury on four counts including bank fraud and making false statements.

Why Elites Are Winning The War On Cash

"The real burden of the war on cash falls on honest citizens who are made vulnerable to wealth confiscation through negative interest rates, loss of privacy, account freezes and limits on cash withdrawals or transfers."

FOMC Minutes Signal Balance Sheet Normalization Begins In September, Most Saw Inflation Pick Up

Since the July 26th 'nothingburger' FOMC statement, Nasdaq is down but bonds and bullion are higher as domestic politics and global war have trumped monetary machinations. All eyes in today's Minutes will be on any mention of inflation and the balance sheet. The Fed sees inflation "picking up over the next couple years" but this came before last week's dismal CPI/PPI data (and they noted "downside risks"), and confirmed that they will make a balance sheet move "at upcoming meeting."

The New American Dream: Rent Your Home From A Hedge Fund

"...there’s essentially an ‘arms race’ building among the world’s biggest funds to control the market, squeezing small, individual investors out of the 'buy-to-rent' housing market...the American Dream of owning your own home has been fading."

VIX Tumbles, Global Stocks And Dollar Rally As Korea Tensions Ease

Global stocks and US futures are up for a second day, with the VIX sliding 0.58 vols to 11.75 (-4.7%) and haven assets dropping, after a KCNA report report suggested North Korea had pulled back its threat to attack Guam after days of increasingly bellicose "fire and fury" rhetoric with President Trump, and hours after China took its toughest steps to support U.N. sanctions against Pyongyang.