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Casualties Reported After Iraqi Troops Enter Oil Rich Kurdish City Of Kirkuk; Oil Spikes

In a major escalation involving the disputed Iraqi Kurdish region, which last month declared independence following a referendum which was not recognized by any of its neighbors or Baghdad (in fact, only Israel has supported the legitimacy of the Kurdish referendum to date) Iraqi state media reported that on Monday morning Iraqi federal troops entered […]


Hypocrite Kimmel Defends Weinstein Silence: “I’m Not The Moral Conscience Of America”

Having spoken out so forcefully on both health care and gun control over the past month – seemingly quickly capable of signaling his virtue against President Trump at any headline –  many viewers might have expected Jimmy Kimmel do the same about the sexual harassment and assault allegations against Harvey Weinstein… but (perhaps unsurprisingly to […]


Trumpfusion? ‘Record Low Approval Ratings But Record High Consumer Confidence’ Explained

Authored by Dilbert Creator Scott Adams via his blog, How did we get to a place where The President of the United States has historically low approval at the same time we have recent highs for consumer confidence? Almost everything President Trump does has an impact on the economy, and on consumers. That includes national security, immigration, taxes, […]


Key Events And FX Week Ahead: Central Banks Send Markets Into A Coma, Someone Say Something New Please!

European politics returns with a bang this week, when not only will attention be focused on Austria to see if the right wing Freedom Party joins the People's Party in a historic governing coalition, in an embarrassing blow to Europe's establishment, but also whether Catalan President Puidgemont will (again) fomally – and this time clearly […]


This $1.1 Million Silicon Valley Shack Is A Steal, But There’s A Bizarre Catch

The owner of one tiny, unassuming cottage in Mountain View, California just sold his house for well below the asking price of $1.6 million – but asked the new buyers to agree to one highly unusual condition: They must allow him to continue living there, rent free, for seven years, NBC News reported. The Silicon […]


Fiancee Of ‘Suspended’ Amazon Studios Head Calls Off Wedding

Former Amazon Studios head Roy Price’s terrible, awful no-good week just got even worse… Earlier in the week, Price was unceremoniously suspended by Amazon this past week for reportedly sexually harassing female colleagues. Price allegedly lewdly propositioned Isa Hackett, a producer on 'The Man in the High Castle,' back in 2015, promising during a late-night […]


Secret SpaceX Falcon 9 Launch With Mystery Payload Planned For November

Via StockBoardAsset.com, Regulatory Filings Suggest Elon Musk Is Planning a Secret Rocket Launch In Mid-November.  According to Spaceflight Now, federal regulatory filings suggest SpaceX will launch a mysterious payload on a Falcon 9 rocket mid-November. Mainstream media remains silent on the event considering the payload is top secret. Filings indicate the payload has no public […]


“China’s Big Reshuffle”: A Preview Of The Year’s Biggest Political Event, China’s 19th Party Congress

Nearly two years after the historic, and still mysterious “Shanghai Accord” which in early 2016 halted what at the time appeared to a global collapse in capital markets courtesy of what appears to have been unprecedented political, fiscal and monetary coordination between the developed world and China, on October 18 the world turns its attention […]


Buffett’s Wrong – Why Market Valuations Are Not Justified By Low Interest Rates

As is his way, Billionaire investor Warren Buffett calmed an anxious nation earlier this month with his comments that: "Valuations make sense with interest rates where they are." And it seemed to work as stocks hit new record highs and Americans have never, ever been more sure that stocks will continue rising for the next […]


Is Bend, Oregon In A Bubble?

Authored by Chris Hamilton via Econimica blog, I grew up in Bend, Oregon and hope to retire there someday soon.  I love everything Bend has to offer (if you don't know Bend, think Boulder or Sun Valley…but better).  I have family, friends, and rental properties in Bend.  So when a friend sent me a video […]


Assange Thanks US Govt For His 50,000% Gain On Bitcoin As Russia Unveils ‘CryptoRuble’

Once again the unintended consequences of government intervention are exposed… In 2010 – following the release of sensitive government documents related to wars in Afghanistan and Iraq – John McCain and Joe Lieberman led a bipartisan attempt to cut off WikiLeaks funding by forcing 'traditional' payment systems to block them. image courtesy of CoinTelegraph 7 […]


Meet The 31-Year-Old Austrian Anti-Immigrant Who Just Became The World’s Youngest Leader

As discussed earlier, Austria’s young conservative star, Sebastian Kurz, is now assured of becoming the country’s next leader, projections of Sunday’s parliamentary election result showed, but his party is far short of a majority and is likely to seek a coalition with the resurgent far right. Sebastian Kurz arrives to cast his ballot on Oct. […]


How Socialism Ruined Venezuela

Authored by Rafael Acevedo & Luis B. Cirocco via The Mises Institute, In order to understand the disaster that is unfolding in Venezuela, we need to journey through the most recent century of our history and look at how our institutions have changed over time. What we will find is that Venezuela once enjoyed relatively […]


Nuclear Stupidity: Tillerson Says Diplomacy Continues Till First Bomb Drops

 The following artice by David Haggith was published on The Great Recession Blog: Secretary of State Rex Tillerson says President Donald Trump wants him to push forward on diplomacy with North Korea “until the first bomb drops.” (Bloomberg)   Brilliant! That means until the first entire city is destroyed. At least, that is what it could […]


Colin Kaepernick Reportedly Files Grievance Against NFL Owners For “Collusion”

Despite playing poorly in his last season, having undergone multiple surgeries, and being a public relations time-bomb, Colin Kaepernick is upset that he is still unsigned through six weeks of the 2017 NFL season. It cannot be his fault, he seems to surmise, and as such, Bleacher Report's Mike Freeman reports that the former San […]