Boeing Max Now Delayed Until June or July at the Earliest

by Mike ‘Mish’ Shedlock
Mish Talk

The new 737 Max computer crash problem reported two days ago caused yet another delay in returning the plane to service.

737 Moving Target

Last March, following two plane crashes, the FAA suspended Boeing 737 Max flights. Boeing expected the plane to be back in operation by the Summer, then September, then December, then February.

Today, Boeing Pushes Back Expected MAX Return until June or July.

Boeing on Tuesday pushed back its timetable for regulators to clear the return of the troubled 737 MAX for commercial service, saying it doesn’t expect approval until at least the middle of the year.

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Number of Snapped Penises Reaches All-Time High in U.K.

from RT America

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Fed Nominee Judy Shelton Wants Sound Money – and Lots of It

by Joseph T. Salerno

There is good news and bad news regarding President Trump’s nomination of Judy Shelton for one of the two vacant positions on the Federal Reserve Board of Governors. The good news is that Ms. Shelton is not a technically trained academic economist, indoctrinated in the prevailing orthodoxy. She holds a doctorate in business administration from the University of Utah and has spent most of her career in the world of free-market policy think tanks, including stints at the Hoover Institute and the Atlas Network. She also writes refreshingly and articulately in favor of the gold standard, or some version of it.

The bad news is that she leans heavily toward supply-side economics, which is deeply flawed on monetary policy. Like most supply-siders, the position she advocates may be summed up in the motto, “I favor sound money—and plenty of it.”

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Motion to DISMISS Trump Impeachment? Trump’s Argument Brief Explained – Viva Frei Vlawg

from Viva Frei

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And Here We Go (Disease)

by Karl Denninger

So tell me what the “plan of action” is on this one folks?

The new “coronavirus” has apparently jumped from China to the United States via someone from China that was infected, and is now in a Seattle hospital.

This means they exposed everyone on the aircraft and everyone in the customs clearing area as well — hundreds if not thousands of people, plus whoever else they came in contact with before winding up in the hospital.

Never mind that the virus has now infected people in both South Korea and Japan, along with perhaps other nations — in other words, even a quarantine of Chinese travelers doesn’t help any more because “it’s out.”

So now what do you do?

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It’s a Time Bomb… Mass Debt Expansion and Suppressed Rates.

from Gregory Mannarino

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You’ll Be Surprised to See What Investment Has Destroyed the S&P 500

by Simon Black
Sovereign Man

The year was 1990, and the Soviet Union was on the verge of collapse. The Berlin Wall was still in the process of being destroyed, and East and West Germany were set to reunify later in the year.

Nelson Mandela was released from prison in February, and the South African government began talks to end Apartheid soon after.

Iraqi dictator Saddam Hussein invaded Kuwait in August.

Ghost, Home Alone, and Pretty Woman were the top movies of the year. Janet Jackson’s Rhythm Nation was the top-selling album.

And the S&P 500 reached an all-time high of 360.65 in May.

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Brokerage Accounts, Reset, Gold Reserves… Q&A with Lynette Zang and Eric Griffin


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Localism in the 2020s (Part 3) – Scaling Politics

by Michael Krieger
Liberty Blitzkrieg

Today’s post will outline a framework through which I’ve come to view politics, as well as life in general. It will identify and examine various units of sovereignty as they exist in the contemporary U.S., since that’s the political system I’m most familiar with. Nevertheless, the overall framework should prove useful to people living all over the world.

Let’s start from the beginning. The most basic and meaningful unit of sovereignty is the individual, followed by the family, the municipality/county, the state (California, New York, Texas, etc) and finally the federal government (Washington D.C.). It’s my view that within a healthy society the scope of governance should decline as you add more and more individuals to the mix. It’s at the most basic unit of sovereignty (the individual), where authority over most of life’s decisions should reside. This runs the gamut from the really big decisions, such as what sort of work to do, who to marry, what religion (if any) to believe in; to the completely mundane, such as what to eat for breakfast.

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Project Veritas New Expose on Bernie Sanders Proves Systemic Problem with Far Left, He is Unfit

from Tim Pool

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Tesla’s Warranty Expense “Income”

by David Kranzler
Investment Research Dynamics

Note: Tesla is a fascinating case in fraud and of the “wizard” behind the fraud, who has managed to pull the wool over a large population of stock gamblers. Tesla is a saga for the ages and likely the biggest Ponzi scheme in U.S. history. The Company and its CEO are truly emblematic of the fraud and corruption that has engulfed the entire U.S. economic, financial and legal/political system. If this country survives what’s coming, there will be semester long classes in top-10 business schools and psychology masters programs devoted to the case study of Tesla.

A long-time Tesla critic published an article in Seeking Alpha outlining the fraudulent nature of Tesla’s accounting for “warranty expense.” I did not read the article beyond the summary because it was placed behind Seeking Alpha’s subscription firewall. But I’ve detailed this aspect of Tesla’s accounting fraud in previous issues of the Short Seller’s Journal.

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They Are Not We the People | The Andrew Klavan Show (Ep. 831)

from The Daily Wire

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Housing Blues in the Heart of California’s “Wine Country”

by Wolf Richter
Wolf Street

The priciest markets north of the San Francisco Bay.

California’s “Wine Country” is typically considered to include the counties of Napa, Sonoma, Mendocino, Lake, and Solano. We’ll look at the housing markets of the two most expensive, Napa and Sonoma; and at Marin County, sandwiched between the Golden Gate Bridge and Sonoma County. Marin County is not famous for wine, but for its beauty – including the Muir Woods National Monument, Mount Tamalpais, and Sausalito – and for being a high-end cloistered bedroom community of hurly-burly San Francisco.

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Virginia Gun Rally: Is Gun Ownership a Right?

from PragerU

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Oddsmakers Bet the Senate Won’t Convict Trump & His Reelection is Certain

by Mac Slavo

Oddsmakers are saying that President Donald Trump’s reelection is a sure thing. Not only that, but the Senate won’t be convicting the president either if global betting statistics can be believed.

His chances of being reelected, in fact, are higher now than they have been in a year, says one unique source. The president remains “resilient” to an impeachment trial, according to US-Bookies, an online industry source that offers global betting statistics, averages and other data.

“The odds of Trump getting impeached by the Senate are 10/1, while his odds of not getting convicted are a much more likely 1/40,” the organization said in its analysis.

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