Louis Gave: Why I’m Bullish on China

from Mauldin Economics

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As Trump Prepared to Meet Pope, Bernie Sanders Calls His Budget “Immoral”

by Pam Martens and Russ Martens
Wall Street on Parade

It became clear yesterday why President Donald Trump needed thousands of miles between himself and Washington D.C. when his administration dropped its budget proposal on the American people. It immediately drew sharply negative reactions from both sides of the aisle and outright ridicule from mainstream media.

Max Ehrenfreund, writing for the Washington Post, said the promise that the Trump budget would balance federal finances in a decade was based on “vague savings and unspecified sources of new revenue” consisting of over $2 trillion in “mystery money.”

Continue Reading at WallStreetOnParade.com…

The On Coming Technocratic Multi Media Bilderberg Takeover

from WeAreChange

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Truth Has Become Un-American

by Dr. Paul Craig Roberts

Those of us who have exited The Matrix are concerned that there are no checks on Washington’s use of nuclear weapons in the interest of US hegemony over the world.

Washington and Israel are the threats to peace. Washington demands world hegemony, and Israel demands hegemony in the Middle East.

There are two countries that stand in the way of Washington’s world hegemony—Russia and China. Consequently, Washington has plans for preemptive nuclear strikes against both countries. It is difficult to imagine a more serious threat to mankind, and there is no awareness or acknowledgment of this threat among the Congress, the presstitute media, and the general public in the United States and Washington’s European vassal populations.

Continue Reading at PaulCraigRoberts.org…

Can’t Trump this Opportunity in Gold

from Peter Schiff

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3% Growth? Really?!

by Mike ‘Mish’ Shedlock
Mish Talk

In Trump Plans to Slash Spending by $3.6 Trillion, Increase Military Spending, Balance the Budget in 10 Years I gave my three primary reasons 3% growth will be extremely difficult to achieve.

Greg Ip, my favorite Wall Steet Journal commentator, also provides a set of reasons why Trump’s 3% Growth Target Looks Out of Reach.

Mr. Trump—moving in the opposite direction of President Barack Obama —promises lower taxes and less regulation, which should increase business investment and thus worker productivity. Moreover, a less-generous social safety net could prod some people back to work. More workers who are more productive are the ingredients of faster growth.

Yet there are good reasons independent economists think the U.S. can’t return to its historic growth of 3%. The U.S. working-age population grew 1.2% a year from 1950 through 2000. With the baby boomers retiring and families shrinking, it will grow less than 0.3% a year over the next decade. To make a credible case for 3% growth, Mr. Trump has to identify some wellspring of workers or productivity, that is output per worker, that his predecessors have missed.

Continue Reading at MishTalk.com…

Sprott Money News Ask the Expert May 2017 – Rob McEwen

from Sprott Money

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The Latest Updates from Martin Armstrong – 2017.05.24

by Martin Armstrong
Armstrong Economics

How to Trade a Vertical Market

New Argument to Raise Rates – Rent Inflation!

Impeachment Movement

Market Talk – May 23rd, 2017

Fines – Civil Asset Forfeitures – Taxes

Continue Reading at ArmstrongEconomics.com…

Jimmy Fallon Apologizes for Being Too Nice to Trump

from Mark Dice

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Britain Slams US For Leaking Details About Suicide Bomber Who “Did Not Act Alone”, Had “Proven Links To ISIS”

from Zero Hedge

Just hours after the UK raised its terror alert to Critical, or the highest possible, for the first time in ten years, Britain’s Interior minister Amber Rudd said that Salman Abedi, the Manchester suicide bomber who killed 22 people at a concert venue, and had recently returned from Libya had likely not acted alone and troops were being deployed to key sites across Britain to help prevent further attacks according to the FT.

[…] Salman Abedi, the suspect in the Manchester attack

[…] Rudd said on BBC radio that the bombing was “more sophisticated than some of the attacks we’ve seen before, and it seems likely, possible, that he wasn’t doing this on his own.” She said Abedi had been known to security services before the bombing. Asked about reports that Abedi had recently returned from Libya, Rudd said she believed that had now been confirmed.

Continue Reading at ZeroHedge.com…

Historic Market Manipulation, Setting the Stage for Catastrophe

by Andrew Hoffman
Miles Franklin

In 1989, as a college sophomore, I switched my major from biology to finance. Immediately, I subscribed to the Wall Street Journal, and read the “C” section every day for the next ten years, without missing a day. That is, until I got sick of its CNBC-like economic and financial market cheerleading, in the first sign of a burgeoning mistrust of the financial media, that has led to today – when, on a worldwide basis, I have become one of its most well-known detractors. This, and the the entirety of the “mainstream media” – which, in sum total, has been commandeered by the “Deep State”; i.e., the politicians, bankers, corporate titans and billionaires who have literally bought the system – and subsequently, turned it into a playground of money printing, market manipulation, and propaganda, that has brought the global economy to the brink; and with it, unprecedented misery for “the 99%” not privy to their manipulations.

Continue Reading at MilesFranklin.com…

Dr. George Friedman on Internet Privacy: When Government Control is Preferred Over Anonymity

from McAlvany Financial

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