If you’ve been paying attention, you could see this coming a mile away. Brexit is just the start of a much, much bigger trend..."The backlash we are witnessing represents a worldwide revolt against globalism and the disconnected and hopelessly corrupt status quo."
As millions of Americans struggle to decide whether to elect a volatile narcissist or a calculated warmongering criminal as their next leader, one Minnesota town is doing politics right - they just re-elected a dog to his third term as mayor.
Until recently, home loans generally covered two types of properties: primary residences or investments. That was before services like Airbnb allowed anyone with an extra room to make a bit of extra money by renting it out for short periods of time. This blurred line between “my house” and “my investment” is causing trouble for some homeowners when they go to refinance their mortgages.
“Buying equities will put additional pressure on corporate CEOs to cut expenses and to postpone investments, fostering even greater Main Street resentment toward the financial elite. Consumer confidence won’t rise as consumption and economic growth stagnate. Having so clearly sided with owners of capital, rather than the employees of capital, global central banks are likely to become an easy target for populist ire.”
Wall Street is an industry that should have been allowed to go down in flames back in 2008. Bailing out these career criminals and sociopaths was one of the gravest errors in American history. An error that we as a nation continue to suffer from to this day. As an example, yesterday’s Wall Street Journal reported on the industry’s latest scheme to pocket the hard earned savings of those dwindling Americans who still have a few pennies left — structured CDs.
“Given the backdrop of one of the most uncertain macroeconomic, systemic, geopolitical and monetary outlooks both the U.S. and the world have ever seen, we are likely to see gold do well in its traditionally seasonal strong period...”
“Unfortunately, late Monday evening, a major failure in our news feed program allowed a significant number of users to come into contact with concepts unfamiliar to them... To those who were forced to read a headline they did not agree with when they visited Facebook yesterday, we are deeply sorry..."
“Here we are eight years later - do you think the public knows how this happened? Do you think the public knows all of the recommendations made to the Justice Department?” Pascrell said Wednesday in an interview. “Why are Hillary Clinton’s e-mails any more important?”
Our entire central bank controlled financial system is based on the premise that unelected, unaccountable bureaucrats should be able to direct individuals’ consumption and production behavior from ivory tower conclaves. And they have abused their authority to the point that two entire asset classes are now poisonous.
The long-running tragic saga of ITT Education Services, which was established nearly 50 ago and operates the ITT Technical Institutes for-profit college chain, finally came to a end this morning with both a bang and a whimper, when it announced that it is shutting down effective immediately, leaving the fate of 40,000 students currently enrolled in limbo, and some 8,000 workers without a job.
"Journalists spend weeks trying to discredit questions about Mrs. Clinton’s health, and then it turns out Mrs. Clinton raised questions about her own health as an excuse for the FBI. That doesn’t exactly enhance the debunkers’ credibility..."
"My goal is for my children to always be happy, to never experience pain, or sadness, or disappointment. To always get what they want, and to never have to hear the word ‘No.’" ...But spoiled kids take greater and greater risks, do dumber and dumber things, because there are never any consequences for their actions.