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Northeast Forecast To Get Big Winter Blast

Three days ago, we asked: Is A Major Winter Blast Coming To The East Coast This Christmas? Despite all the chatter from global warming alarmists this year, there is a chance, some in the Northeast could experience a white Christmas. Ed Vallee, a private weather forecaster based in Connecticut, reports merging storms will spread snow, rain, and […]


Baltimore Ravens President Begs Fans To Return

As NFL ratings collapse, the Baltimore Ravens have confirmed that kneeling by players has led to a mass exodus of season-ticket holders skipping out on home games. I'm shocked at the number of empty seats here at the Ravens game. Wow, I've never seen it like this before in Baltimore. — Scott Abraham (@ScottABC7) December […]


This Map Shows You The Richest Politician In Every State

Did you know that George Washington was so rich that he wanted to reject his presidential salary? Wealth has always been a part of American politics, but, recently, political wealth crossed a new milestone (most Congresspeople are millionaires). This map from HowMuch.net shows the richest politician in every state, and reveals just how rich they really […]


114 Italian Banks (Roughly 23%) Have NPLs Exceeding Tangible Assets

Authored by Mike Shedlock via www.themaven.net/mishtalk, 114 Italian banks have non-performing loans that exceed tangible capital. Ratios above 100% are signs of severe stress… The headline image is from the from ilsole24ore.com. The article is dated March 25, 2017. The translated headline reads "Here are the 114 Italian banks at risk for suffering" The image […]


She’s Back! La Niña Is Here For The Second Consecutive Year

For the second consecutive time in two years, La Niña (translated from Spanish as “little girl”) is back and she means business. New data from Climate.gov indicates La Niña conditions have formed just in time for winter weather in the Northern Hemisphere. On Thursday, the Climate Prediction Center confirmed La Niña after analyzing October ocean temperatures cooling along the […]


Northeast Facing Record-Low Temperatures As Polar Vortex Returns; Nat Gas Prices Soar 700%

The return of the dreaded polar vortex is battering much of the eastern US this week, sending temperatures well into freezing territory and close to record lows – a phenomenon that could persist for much of the week leading up to Thanksgiving. According to the New York Post, record-low temperatures are forecast for Friday and […]


“The Incredible Shrinking Yard”: Growing McMansions Are Increasingly Devouring Backyards

America’s obsession with the ever-growing McMansion, combined with a perpetual lack of funding for said McMansion, has resulted a unique phenomenon which Trulia has dubbed “The Incredible Shrinking Yard.”  Analyzing public records to compare residential lot sizes to home footprints, Trulia says that homes built over the past two years occupy a staggering 25% of […]


Watch Live: Trump To Label Opioid Epidemic A ‘Public Health Emergency’

In a long-awaited public address, President Donald Trump will reportedly direct his Department of Health and Human Services to declare the opioid crisis a nationwide public health emergency under the Public Health Service Act during a speech set for 2 pm ET Thursday. The speech will be streamed on the White House live stream below […]


“Worse Than Big Tobacco”: How Big Pharma Fuels The Opioid Epidemic

Authored by Lynn Paramore via The Institute for New Economic Thinking, Once again, an out-of-control industry is threatening public health on a mammoth scale Over a 40-year career, Philadelphia attorney Daniel Berger has obtained millions in settlements for investors and consumers hurt by a rogues’ gallery of corporate wrongdoers, from Exxon to R.J. Reynolds Tobacco. […]


The Tale Of Two Americas – Urban Rise, Rural Demise, & The Rationale To Hyper-Monetize

Authored by Chris Hamilton via Econimica blog, (The following was written as an outline for a potential book.  To this point no publisher has shown interest and time and funds have run out.) America is in the midst of an ongoing and accelerating shift in demographics and population growth.  These trends, long in place, are at […]


Mapping The Most (And Least) Valuable States In America

Everyone knows location is the most important part of real estate. You can’t change where your house is (all things being equal). You have to consider school districts, crime rates, commute times—the list goes on and on. It can be much simpler when you’re considering buying a home to compare apples to apples so you […]


What Could Go Wrong? (For Public Pensions, More Than You Know)

Authored by Patrick Watson via MauldinEconomics.com, Here’s a loaded question for you: “What could go wrong?”   In some contexts, it can express mistaken confidence, as in, “Sure I’ll put my hand between that crocodile’s jaws. What could go wrong?” Investors should ask the same question before entering a position. “What risks am I taking […]


Connecticut Lawmakers Scramble To Close $3.5 Billion Budget Shortfall As Fiscal Crisis Worsens

Despite a series of credit-rating cuts by all three of the major ratings agencies earlier this year, Connecticut still boasts a higher rating than Illinois and New Jersey. But that could soon change. Lawmakers are squabbling over how to close a massive deficit expected to stretch to $3.5 billion over the next two years, which […]


“16-Foot Storm Surges, 500 Miles Of Coastline Flooded” Here’s What A Category 5 Hurricane Would Do To NYC

Luckily for residents of New Jersey, New York and New England, Hurricane Jose isn’t expected to pass close enough to the northeastern US coast during its journey north through the Atlantic to cause any real damage.  While the National Hurricane Center has warned that the category one storm is expected to cause “dangerous surf and […]


New York City Is Within Hurricane Jose’s 5-Day “Cone Of Uncertainty”

In what were perhaps the two biggest news stories of the past month, Hurricanes Irma and Harvey devastated the American south, disrupting local industry, destroying homes and critical infrastructure and dumping millions of gallons of raw sewage onto city streets – leading to the most destructive beginning to hurricane season in years. Meanwhile, cosmopolitan Yankees […]