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One-Third Of The 2016 Spike In U.S. Homicides Came From Just 5 Chicago Neighborhoods

Authored by Thomas Lifson of American Thinker, The full evil of the anti-cop hysteria pushed by left wing groups like #BlackLivesMatter will take many years to be understood, in no small part because of political and media support for the notion that racism on the part of cops is the sole cause for disproportionate numbers […]


Tax Plan Jitters Cause Sudden Collapse In Manhattan Apartment Prices In 4Q

Apparently the combination of a massive flood of excess supply in the form of new luxury developments and a Trump tax plan that penalizes people living in expensive cities by capping SALT, mortgage interest and property tax deductions was simply too much for the Manhattan real estate market to ignore in 4Q 2017.  After reaching […]


Trump To Rollback Deepwater Horizon Regulations

Authored by Nick Cunningham via OilPrice.com, The Trump administration is hoping to slash regulations on offshore oil drilling that were implemented after the 2010 Deepwater Horizon disaster that killed nearly a dozen people and led to an oil leak that spewed for months. According to the Wall Street Journal, the Bureau of Safety and Environmental […]


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 […]


To Avoid Liquidation Panic, HNA Assures Deutsche Shareholders It’s A “Long-Term Investor”

The notoriously acquisitive Chinese conglomerate HNA – which recently had a sharp falling out with Beijing resulting in a margin call "shocksave" – is facing a serious cash crunch in 2018 as nearly a quarter of its $100 billion in debt – a large chunk of which was accumulated during a multi-year buying spree that […]


Crazy Eyes is BACK!

From the Slope of Hope: I saw a headline on December 24 which put a damper on my Christmas Eve: Ummm – – so why on earth would this bug me? I don’t have a dog in this fight. If Theranos goes bankrupt, it doesn’t hurt or help me one bit. If they become the […]


Was The Steele Dossier The FBI’s “Insurance Policy”?

Authored by Andrew McCarthy via National Review, Clinton campaign propaganda appears to have triggered Obama administration spying on Trump’s campaign… The FBI’s deputy director Andrew McCabe testified Tuesday at a marathon seven-hour closed-door hearing of the House Intelligence Committee. According to the now-infamous text message sent by FBI agent Peter Strzok to his paramour, FBI […]


Busted Billion-Dollar-Baby Fraud Finds Another Greater Fool – Softbank Lends Theranos $100 Million!

Japan’s Softbank Group is coming to the rescue of yet another embattled Silicon Valley “unicorn”. The Wall Street Journal reported Saturday that Fortress Capital, the publicly traded private-equity firm that agreed to sell itself to the Japanese conglomerate earlier this year, has extended a $100 million loan to Theranos, which is still facing multiple lawsuits […]


US Tax Cut and Rate Hikes Threaten China Currency

Authored by Valentin Schmid via The Epoch Times, Seven was the line in the sand. But the Chinese yuan never crossed that line vis-à-vis the U.S. dollar. It only crept up to 6.96 yuan per dollar on Dec. 16, 2016, before starting an impressive comeback, down to 6.5 in the middle of this year. Last […]


Brooklyn Prosecutors Investigating $300 Million Loan To Kushner’s Real-Estate Firm

As we pointed out yesterday, the mainstream media made another glaring error in its coverage of President Trump earlier this month when Handlesblatt, a German newspaper, reported that Special Counsel Robert Mueller had subpoenaed Deutsche Bank – the country’s largest lender – for records pertaining to Trump’s finances. Fortunately, the New York Times corrected the […]


Saudi Government Wants $6 Billion For al-Waleed’s Freedom

In case you were wondering what the going-rate was for one of the world's richest men's freedom… it's $6 billion… in unencumbered cash (not Bitcoin). That is the price that Saudi authorities are demanding from Saudi Prince al-Waleed bin Talal to free him from detention. The 62-year-old prince was one of the dozens of royals, […]


Hedge Fund Behind Mystery “Bitcoin To $50,000” Bet Revealed

The crypto space was thrown into chaos today as the price of bitcoin and its peers plunged overnight, cementing the pioneering digital currency's worst week since December 2013, only to rebound dramatically into the close, wiping out virtually all losses. Also today, just as the rout was nearing its trough, we shared a story from […]


As White House Declares Victory, Congress Is Bracing For A Legislative “Groundhog’s Day”

After a difficult first half, Mitch McConnell and Paul Ryan managed to score two major legislative victories this week just before the clock ran out on what has been one of the most contentious Congresses in recent memory. By marshalling a fractious Republican caucus, the leadership averted a federal government shutdown on the day before […]


Proposed Legislation: Fannie And Freddie Are Here To Stay – There Is No Alternative

Since the US government nationalized the two GSEs in 2008 in a $187 billion bailout of the mortgage giants, there have been consistent calls for them to be wound down and for the private sector to fill the void. As we discussed, this view is, or was, shared by new Fed Chairman, Jay Powell. Mr. […]


Considering Faking Your Own Death? Then The Philippines Is The Place For You

The technical term is pseudocide – a fancy word that means, essentially, “faking your own death." Hundreds of thousands of Americans – some struggling with seemingly insurmountable debt burdens or are being hounded by the IRS after stiffing the tax man – have probably fantasized about faking their own deaths. But few understand just how […]