Industrial War Machine Complex – Buy Bitcoin Defeat Corrupt Governments Everywhere!!

“No-Call, No-Show” Employees: Opioid Addiction Is Devastating American Manufacturers

We’ve spent a lot of time of late discussing the impact of opioids on the American workforce.  While it is unclear exactly how much of an impact opioids are having on the steadily declining labor force participation rate, one thing is clear: nearly half of working age men not in the labor force today take […]

Even Bartenders And Personal Trainers Can Receive Whistleblower Awards From The SEC

Authored by Jordan A. Thomas, chair of the whistleblower practice at the law firm of Labaton Sucharow Crafted by an ad agency immediately following 9/11, the slogan “if you see something, say something” took hold with astonishing speed. The tagline reflected a tectonic cultural shift; the serious and growing need for public participation in the […]

This $700 Billion Public Employee Ticking Time Bomb Is Only 6.7% Funded; Most States Are Under 1%

We’ve spent a lot of time of late discussing the inevitable public pension crisis that will eventually wreak havoc on global financial markets.  And while the scale of the public pension underfunding is unprecedented, with estimates ranging from $3 – $8 trillion, there is another taxpayer-funded retirement benefit that has been promised to union workers […]

“Bitcoin Jesus” Says Another Network Split Is Coming In November

Since its current world-beating bull run began in late 2015, bitcoin has surmounted a series of pitfalls that were supposed to kill the market.  The list is remarkably long. The DAO hack. The PBOC crackdown. The ICO craze. The SEC’s rejection in March of two proposed bitcoin ETFs. And, most recently, the network split that […]

Mauldin: Americans Don’t Grasp The Magnitude Of The Looming Pension Tsunami

Authored by John Mauldin via MauldinEconomics.com, Total unfunded liabilities in state and local pensions have roughly quintupled in the last decade. You read that right—not doubled, tripled, or quadrupled—quintupled. That’s nice when it happens on a slot machine, not so nice when it’s money you owe. You will also notice in the chart that much of that […]

WSJ Turns On Antifa: Violent, Black-Clad Protesters Are “Dividing The Left”

Since Bay Area TV anchor Frank Somerville published an honest description of "the hate" he experienced from "violent, clad in black" protesters while trying to document a right-wing rally in Berkeley, the liberal media has decidedly turned against AntiFa – the loosely organized band of black-clad thugs who show up to “counter-protest” at conservative events […]

“Pizza Price Parity”: Where Is Pizza Most And Least Expensive In America?

Via Priceonomics.com, Between 2007 – 2010, a USDA study estimated that 1 in 8 Americans ate some form of pizza on any given day. That number climbs to about 1 in 4 for males and 1 in 5 for females when looking specifically at Americans age 12 to 19. There’s no escaping it; pizza is […]

Of Penguins And A Nuclear Iran: Will Trump Scrap “The Deal”?

Netanyahu: “Penguins have no difficulty recognizing that some things are black and white.” Trump: “I have decided…I’ll let you know.” Rouhani: “Iran’s defense capacities are only a deterrent.” President Trump has been notoriously hard to read when it comes to high stakes foreign policy issues. On Wednesday he told the media, “I have decided” concerning whether […]

Could Kurdish Independence Spark An Oil War?

Authored by Zainab Calucuttawala via OilPrice.com, As the date of the Kurdish independence referendum approaches, oil industry moguls should be concerned about an oil production war between Iran and headless Iraq. The Kurds are expected to vote on their political status in late September. A vote in the affirmative would mean that Iraq would lose […]

Report: Tesla And AMD Developing Custom AI Chip For Self-Driving Technology

Content originally published at iBankCoin.com Shares of AMD ($AMD) spiked over 6 percent in after hours trade following a CNBC report that carmaker Tesla has teamed up with the chip maker develop a custom A.I. processor for self-driving technology. The carmaker has received the first batch of samples from the chipmaker, a source told CNBC. The new relationship with […]

Sharyl Attkisson Rages “Looks Like Obama Spied On Trump, Just Like He Did To Me”

Authored by Sharyl Attkisson op-ed via TheHill.com, Many in the media are diving deeply into minutiae in order to discredit any notion that President Trump might have been onto something in March when he fired off a series of tweets claiming President Obama had “tapped” “wires” in Trump Tower just before the election. According to […]

Caught On Video: Maxine Waters Uses Funeral Speech To Push Trump Impeachment

What was supposed to be a remembrance ceremony for this man, comedian and civil rights activist Dick Gregory, yesterday turned mildly bizarre, which is a recurring theme as it were, when California congresswoman Maxine Waters took the stage.   Rather than focus on the lifetime accomplishments of Gregory or fond personal memories, you know all […]

Spot The Moment Inflation Turned Exponential

In the aftermath of a surreal Janet Yellen press conference, in which the Fed chair admitted that Fed “no longer understands” the “mystery” that is inflation, we did our best to explain to Yellen that the reason why the Fed’s search for inflation has been fruitless, is because for nearly a decade it has been […]

Myth of the Infrastructure Cure-all

Every year the American Society of Civil Engineers (ASCE) comes out with a report card on the condition of America’s infrastructure. We got a D+ this year. According to them, “Deteriorating infrastructure is impeding our ability to compete in the thriving global economy, and improvements are necessary to ensure our country is built for the future.” They […]

‘Hawkish’ Fed Fail? Yield Curve Flattens Most Since 2016 As Dollar Spikes

More dismal housing data, a VIX 9 handle, and bank stocks ripping higher (despite a big flattening in the yield curve) – just another day in Fed-land…   Stocks and the long bond unchanged post-Fed, Gold down and dollar up…   S&P and Dow ended the day just higher at record highs!!! thanks to post-fed […]