Ahead of Trump’s much anticipated tax announcement on Wednesday, the WSJ reports that the president has ordered his (mostly ex-Goldman) White House aides to accelerate efforts to create a tax plan “slashing the corporate rate to 15% and prioritizing cuts in tax rates over an attempt to not increase the deficit” which means that without […]
Last Friday Attorney General Jeff Sessions issued a press release reminding sanctuary cities of their obligation to enforce federal immigration laws or risk losing their federal funding. Within the release, Sessions noted that Chicago’s murder rate has risen “more than 50 percent from the 2015 levels” and that New York City continues to experience gang […]
It appears the hope that a centrist candidate will win the French election is enough to trump tumbling macro-economic data, disappointing earnings, and flailing inflation in the US economy. June rate hike odds have spiked to 69% overnight (even as debt ceiling risks begin to price in… and the dollar drops)…
So The Fed gets […]
Loki’s Revenge Blog
There were 3 great cities in America larger than ancient Rome. They were in New Ark, the Ohio Valley and St. Louis. These great cities had iron and copper works and earth mounds wider than the great pyramids. These mounds were gigantic artificial mega-monumental hills used for stargazing. The North American Indians […]
The Last American Vagabond
Flint, MI — (RT) Six were arrested at a heavily policed Flint, Michigan, public town hall meeting that was convened at a church to address the mayor’s decision to remain connected with a Detroit-area water system.
Hundreds of Flint residents were on hand to grill Mayor Karen Weaver and other city, state […]
People who are exposed to pesticides may face an increased risk of liver cancer, a new meta-analysis suggests.
Pesticide exposure was associated with a 71 percent increased risk of liver cancer, according to the meta-analysis, which was presented on April 3 at the American Association for Cancer Research’s annual meeting in Washington, D.C. […]
Humans have yet to set foot on Mars, but meteorites have been, by far, the most frequent visitors from outer space on Earth. Recently, one which has been dubbed “Black Beauty” landed in the hands of Danish researchers.
The Natural History Museum (NHM) in Copenhagen has obtained a piece of Mars: it has […]
Vice President Mike Pence has cut short the final leg of his Asia trip to return back to Washington, where the Trump administration faces a critical week on tax reform and a funding plan to keep the government running, Reuters reported overnight. Pence, who has been traveling in Asia to reassure allies and […]
Despite today’s surge in global equities, which may be as much driven by the France relief rally as the unwind of recent hedges, the latest attempt to reignite the reflation rally is fading as US Treasury yields have given up on much of the overnight move, following two weaker than expected “soft data” reports, the […]
It looks like another ‘retailer’ is about to be ‘Amazon’-ed. Wayfair – the retail household goods seller – is tumbling this morning after Amazon reportedly pitches a new furniture seller program. Additionally, not helping the stocks, Citron’s Andrew Left goes negative on the stock, comparing the company’s controls to Madoff.
As FurnitureToday reports,
Speaking to […]
Authored by Chris Hamilton via Econimica blog,
In the midst of a bursting bubble in 2008, the Federal Reserve feared deflation would spiral out of control. The Fed sought to reinstate “normal” inflation via abnormal means and what more immediate and impactful than indirectly goosing the cost of oil. The chart below highlights the start […]
Two weeks after launching missile strikes on Syria, the U.S. Treasury announced it has sanctioned 271 employees of Syria’s Scientific Studies and Research Center in response to the alleged sarin attack conducted by the Assad regime on Kahn Sheikhoun. It’s one of the largest sanction actions in U.S. history.
The action was announced in a […]
Authored by Brittany Hunter via The Mises Institute,
Women in the workforce are constantly bombarded by rhetoric intended to make us feel less appreciated than our male colleagues. Politicians and Hollywood celebrities – many of whom have never worked one day in a traditional office setting – seem to take great pleasure in telling females […]
Via The Daily Bell
The federal ban on cannabis is one of those policies which make living in Americ feel like the dark ages. It wastes tax dollars with enforcement, and it tramples states’ rights to make their own laws.
Worst of all though, it threatens legal businesses in states which are pot friendly and […]
Are you handy enough that if a light bulb went out in your home you’d be able to change it?
Believe it or not, one in five people say they don’t know how to handle that basic household task, according to a new survey.
Not only that, but the same number isn’t sure how […]