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Pair Of Bush-Era Economists Emerge As Front-Runners For Fed Vice Chair Position

After selecting Fed governor Jerome Powell to replace Janet Yellen as Fed Chair when her term expires in February, the Trump White House has now moved on to interviewing a series of candidates for the Vice Chair position.  As the Wall Street Journal notes this morning, two of the more likely candidates for that role […]


Vampires, Zombies, And ‘Hooking-Up’: 37 Examples Of Real College Courses That Are Almost Too Crazy To Believe

Authored by Michael Snyder via The American Dream blog, You just can’t make this stuff up.  All over America we push our young people to get good grades so that they can get “a college education”, but then once they get through college many of our young people are completely unequipped to deal with the […]


Bitcoin Tops $11,000 – Bundesbank Sees No Bubble, Stiglitz Says “Should Be Outlawed”

Well that re-escalated quickly… It's been quite a year…. $0000 – $1000: 1789 days $1000- $2000: 1271 days $2000- $3000: 23 days $3000- $4000: 62 days $4000- $5000: 61 days $5000- $6000: 8 days $6000- $7000: 13 days $7000- $8000: 14 days $8000- $9000: 9 days $9000-$10000: 2 days $10000-$11000: 1 day Big dip overnight […]


BoE Deputy Governor Gives Crazy Speech Warning Markets Have Underestimated Rate Rises

On 2 November 2017, the Bank of England raised rates for the first time in a decade and Sterling’s initial rise was promptly sold off by forex traders as we discussed. The 7-2 vote by the Monetary Policy Committee was not the unanimous decision some had expected, while Cunliffe and Ramsden saw insufficient evidence that […]


Insider Trading Inc: Beat The Market, Work For The SEC

It’s often said in financial markets that correlation does not mean causation. On some occasions, however, denying the causation seems so outlandish to be, frankly, preposterous. As a case in point, Institutional Investor (II) discovered a newly published academic work investigating the investment returns of SEC employees. It turns out those guys are surprisingly good. […]


Blaming Russia For The Internet ‘Sewer’

Authored by Robert Parry via ConsortiumNews.com, As the Russia-gate hysteria spirals down from the implausible to the absurd, almost every bad thing is blamed on the Russians, even how they turned the previously pristine Internet into a 'sewer'… With the U.S. government offering tens of millions of dollars to combat Russian “propaganda and disinformation,” it’s perhaps not […]


Hillary Goes To College: Clinton In Talks To Accept Columbia Professorship

Like the old joke goes: Those who can’t, teach. And after losing an election to the most controversial and unpopular candidate in American history, Hillary Clinton is going back to school. The New York Post is reporting, citing sources close to the Clinton camp, that the former Secretary of State is in talks to accept […]


Original ‘Dr. Doom’ Says Next Fed Chair Must Break Up Banks “To Be Small Enough To Fail”

Henry Kaufman, the former chief economist of Salomon Brothers in the 70’s and 80’s who earned the moniker of “Dr. Doom” for his frequent criticisms of the Fed’s interest rate policies, has some advice for President Trump on how to pick the next Fed Chair: find someone willing to break up the “too big to […]


Professor Says “Violent, Destructive” Protests Are Justified

Authored by Toni Airaksinen via CampusReform.org, A professor at Loyola Marymount University recently praised “violent or destructive demonstrations” for their ability to gain public attention. Stefan Bradley, a professor of African American Studies, argued in an essay titled “Civil Debate is Fine, Protest is Even Better” that because civil debate doesn’t “often yield just results,” […]


Vegas Gunman Was Prescribed Drugs That Can Lead To Violent Behavior

As police continue to hunt for a credible motive to explain why 64-year-old millionaire, real-estate investor Stephen Paddock sprayed a crowd of country music fans with bullets – a suicide mission that police say was the result of meticulous planning – the Las Vegas Review Journal reports that Paddock was recently prescribed anti-anxiety medication that […]


Here’s How Much of Your Taxes Have Gone To Pay For Wars Since 9/11

Submitted by Stock Board Asset Previously unreported Pentagon data shows how much the average U.S. taxpayer has paid for combat operations in Afghanistan, Iraq, and now Syria. According to the two page report summary, the cumulative estimated cost of the 16 year war in the Middle East has cost each taxpayer $7,500. According to Defense […]


The Clinton Private Rooftop Garden: An Obscene Violation Of Charity Law & Principles

Authored by Stuart Dean via Medium.com, At least as far back as the days of decadent Roman emperors such as Nero and Caligula, elaborate gardens have been notorious as an unseemly indulgence by those with wealth or power or both. It is easy to understand why, for though a small herbal garden adds charm to […]


White House Denies Cohn Report, Says Considering “At Least Six” For Fed Chair

Denying yesterday’s WSJ report that Trump has “fired” Gary Cohn from his future role as Fed chair due to his strong opposition to Trump’s handling of the Charlotteville tragedy, Bloomberg reports that the White House is considering “at least a half-dozen candidates to be the next head of the Federal Reserve, including economists, executives with […]


Reminder: Experts Have Been Warning Us About Global Warming Since the 1930s

Content originally published at iBankCoin.com I will not pretend to be a scientist in this blog, or even claim to know the very first thing about global warming or lack thereof. I am more interested in human narratives, how they are woven, and the basis from which they were formed. Just like in stocks, when […]