admin

Last year we warned that the luxury condo market in Miami was cooling down, and we also noted that one of the mail culprits was the fact that foreign buyers (especially Brazilians) were seeing their buying power crushed by the appreciating dollar. Today, the bubble has officially burst and the Miami luxury condo market is […]

Authored by Jesse Eisinger via ProPublica.org, Back in the late-housing-bubble period, in 2007, Countrywide Home Loans, which was then the largest mortgage provider in the country, rolled out a new lending program. The bank called it the “high-speed swim lane,” or HSSL, or, even more to the point, “hustle.” Countrywide, like most mortgage lenders, sold […]Read More

I am assuming that Fauntleroy, el bozo you mean, Obama. Not here to defend any president, because US empire, and its needs are very complicated. I am here to learn and discover. As well as connect the dots. So, help me connect some dots. Dude and Cynical wrote that Obama intent is to destroy the […]

Recently we reported that Virginia governor Terry McAuliffe was under investigation by the FBI and prosecutors from the Justice Department’s integrity unit regarding donations to McAuliffe’s campaign during his time as a board member of the Clinton Global Initiative. Specifically, investigators were scrutinizing a $120,000 donation McAuliffe received from Wang Wenliang, a Chinese businessman, who […]Read More

It doesn’t seem so long ago when an ambitious political couple holding preteen Chelsea Clinton by the hand was moving from the governor’s mansion in Little Rock, Arkansas, to the august quarters of the White House in D.C.  A young Democratic president had just defeated Ronald Reagan’s heir, Papa Bush, and a prophetic populist with […]Read More

It is no secret that the relationship between the United States and China has been strained for quite some time. Earlier this month when the US sailed its guided missile destroyer the USS William P. Lawrence within 12 nautical miles of Chinese-occupied Fiery Cross Reef, it ended in China scrambling of two fighter jets and […]

Submitted by Mike Krieger via Liberty Blitzkrieg blog, The Patriot Act continues to wreak its havoc on civil liberties. Section 213 was included in the Patriot Act over the protests of privacy advocates and granted law enforcement the power to conduct a search while delaying notice to the suspect of the search. Known as a “sneak and […]Read More

We showed you the “bored” Chinese workers who traded commodity futures for excitement – Now, it’s time to meet North America’s oil day-traders… moms-and millenials. The recent volatility in crude oil has gotten the attention of people who do not list trading as their day job, but are randomly attempting to day trade oil anyway […]Read More

Authored by StraightLineLogic’s Robert Gore via The Burning Platform blog, There are three ways for a person to obtain something of value from another person: receive it as a donation, steal it by force or fraud, or exchange for it. It’s not much of an oversimplification to say that the advance of civilization has hinged […]

At this point in the war against ISIS, which as we pointed out previously is in full retreat now that its supply of oil-based funding from Turkey has dried up, the only question is when some of the main strongholds of the Islamic State in the region fall, putting what’s left of the terrorist organization […]

Once again, a topic we have beaten to death over the past several years, namely that US consumers spending on discretionary items has collapsed for the simple reason simply because these same consumers are forced to spend much more on staples such as housing (or since nobody can afford houses anymore, on rent) and health […]

Must.Stay.Green.In.May… [embedded content] So despite weaker than expected GDP, and tumbling GDP expectations… Yellen has jawboned rate hike expectations up to record highs for July… And stocks loved it!?? Stocks had their best week in over 3 months – mainly driven by a panic bid on Tuesday as Fed speakers went full hawktard… And here […]Read More