“FBI Director James Comey declined to recommend charges against Hillary Clinton for her e-mail mess last week, and the Justice Department closed the matter. But Comey hasn’t said boo about…”
Source: Hillary’s e-mail server isn’t the only thing the FBI should be
For many Americans who have not done so building an emergency fund is one of the most prudent things you can do now to whether the next economic downturn.
“A quarter of Americans have no savings, a new Bankrate survey finds. Find out how much emergency savings can help in a crisis.”
Source: Why These 2 People Are So Glad They Had Emergency Savings | Bankrate.com
David Stockman shows the economy is not as robust as the data suggest.
“The boys and girls on Wall Street are now riding their bikes with no hands and eyes wide shut. That’s the only way to explain Friday’s lunatic buying spree in response to another jobs report that proves exactly nothing about an allegedly resurgent economy.”
Source: Real Jobs Report: Tax Collections Data Suggest US Economy Barely Above Water
“NATO Agrees to Send Thousands More Troops to Eastern Europe | US to deploy 1,000 ground troops to Poland as part of scheme…”
Source: NATO Agrees to Send Thousands More Troops to Eastern Europe — News from Antiwar.com
And people still have faith in government–and Republicans and Democrats??? This is just the tip of the iceberg. The federal government’s unfunded liability is more than $200 trillion.
“If the Actuarial Standards Board enacts recommendations from its Pension Task Force, actuarial valuations for state and local government pensions will report unfunded liabilities of over $5 trillion a…”
Source: Are State and Local Government Pensions Underfunded by $5 Trillion? – AEI
Presidential candidates and presidents always lie. For the past 100+ years, from Wilson to FDR to Truman and up to Obama, they have lied repeatedly about taxes, spending, regulations, and war. (More to come in future posts)
“Does Hillary Clinton possess the integrity and honesty to be president of the United States? Or are those quaint and irrelevant considerations in electing a head of state in 21st-century America?”
Source: Is Hillary Morally Fit to Be President?
What were Libertarians thinking when they nominated Gary Johnson for President?
“Where are libertarians going? What is clear is where they are not going. The much-touted “libertarian moment,” as a New York Times Magazine article phrased it two years ago, never materialized. …”
Source: Who’s the Libertarian Now?
Why people lust to be president, prime minister or king…there’s big bucks in those hills.
Source: Whitewash Won’t Cover Tony Blair’s Guilt
The federal government ‘s foreign policy is causing domestic blowback.
Source: Spare Me the Maudlin Theatrics, Please – LewRockwell
“For months before the Brexit referendum on June 23rd, entire industries were hard at work attempting to predict how the UK electorate would vote.”
Source: Brexit Shows Why Central Planning Won’t Work | Mises Wire
…when the bust comes it will mean the end of the welfare-warfare state. Don’t hold your breath.
Source: Chart Of The Day: Washington DC Home Prices Hit $500K, Up 45% Since 2010
“José Manuel Barroso, who was also the former prime minister of Portugal, will serve as an adviser and the chairman of Goldman Sachs International.”
Source: Goldman Sachs Hires Former European Commission President
Investors are fleeing volatile sectors for safe havens. We saw this before in the lead-up to the financial crisis.
Source: Market driven by ‘safe’ stocks, possibly signaling slowdown ahead
The boom phase of the business cycle is still intact. Will this helps Hillary in November?
“So much for that terrible May jobs report: one month after the BLS reported the worst jobs report since 2010, moments ago the BLS reported that in June jobs increased by a whopping 287K, the highest increase since the 295K reported in October 2015, despite a downward revision to last month’s 38K which is now up 11K.”
Source: June Employment Soars By 287K, Smashing Expectations, Highest Since October