by Teeka Tiwari
Casey Research
I’m sure you’ve heard of Facebook co-founder and multibillionaire Mark Zuckerberg.
But do you know who David Choe is?
He made his riches in an early deal with Facebook. But he’s not a programmer, social media specialist, or even an investor.
He’s a graffiti artist who spent time behind bars.
Hungry for work after getting out of jail, he painted Facebook’s first office in 2005. But Facebook was trying to conserve cash at the time.
by Thomas Catenacci
DailyCaller.com
The Rochester, New York, police chief resigned Tuesday amid increasing scrutiny over his handling of the police-involved death of Daniel Prude.
Chief La’Ron Singletary, who had held the position since April 2019, resigned along with Rochester Police Department Dep. Chief Joseph Morabito and Dep. Chief Simmons, according to a press release reported by NBC News.
Prude died in Rochester police custody in March after arresting officers had placed a spit hood was over his head and restrained him, as video of the arrest shows.
“As a man of integrity, I will not sit idly by while outside entities attempt to destroy my character,” Singletary said in a press release shared by Spectrum News anchor Jim Aroune. “The events over the past week are an attempt to destroy my character and integrity.”
by Charlie Spiering
Breitbart.com
President Donald Trump on Tuesday continued campaigning against the violent radical left rioters in America’s major cities, describing them as “domestic terrorists.”
“Biden’s plan is to appease the domestic terrorists. My plan is to arrest them,” Trump said as the crowd cheered.
Trump accused former Vice President Joe Biden of ignoring the violence, looting, and arson conducted by Black Lives Matter supporters and Antifa throughout the summer.
“Joe Biden and his party spent the entire summer cheering on the rioters rampaging through Democrat-led cities, falsely labeling them as peaceful protesters,” Trump said.
Trump said that the leaders of Democrat-led cities faced a skyrocketing rise in crime as the riots continued.
by Mac Slavo
SHTF Plan
The news of a “second wave” of coronavirus infections is making its rounds in the mainstream media once again. Are we on the verge of becoming a totalitarian regime like Australia? Will we be facing a second draconian lockdown?
Infectious-disease experts are warning of a potential cold-weather surge of coronavirus cases — a long-feared “second wave” of infections and deaths, possibly at a catastrophic scale, according to The Washington Post. A few months ago, the mainstream media attempted to ramp up the fear of a second wave, but since not many were getting sick and the death toll began to drop astronomically there was no way that narrative was going to stick. It sure looks like they are trying it once again.
by Dr. Paul Craig Roberts
PaulCraigRoberts.org
Trump said that the Pentagon brass don’t love him, “because they want to do nothing but fight wars so that all of those wonderful companies that make the bombs and make the planes and make eveything else stay happy.”
President John F. Kennedy was assassinated by the military/security complex for making the same point (see, for example, JFK and the Unspeakable by James W. Douglass, Simon & Schuster, 2008).
The US military/security complex has had its crosshairs on Trump since his first presidential campaign when he said that he was going to normalize relations with Russia. I don’t think Trump realized what a massive NO-NO this is. Trump was telling the military-security complex that he was going to take away their concocted enemy that justifies the lucrative $1,000 billion annual budget paid by American taxpayers.
from King World News
On the heels of the stock market plunging, here is a look at QE to infinity, highest level of selling in 5 years, plus what’s wrong with this picture?
Cocaine Fueled Madness
September 8 (King World News) – Holger Zschaepitz: Biggest experiment in monetary history: Central banks are almost engaged in a battle over who can rumble their printing presses the loudest. (See chart below).
from Kerry Lutz's Financial Survival Network
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Sure enough we came back from the Labor Day Weekend Holiday and gold was down, but then it did an upside reversal and it’s up nearly $12 per ounce. Just like Craig Hemke said it would. And the reasons are quite clear, real interests rate which have been negative are getting even more negative, with no end in sight. But according to Craig, if you’re a precious metals investor or mining stock investor, the best is yet to come.
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from Kerry Lutz's Financial Survival Network
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According to noted columnist Star Parker, there’s nothing as racist as the current welfare system. It embeds low expectations for blacks and encourages absentee fathers and the destruction of the black family. Ms. Parker believes that doing away with welfare will do away with most of the ills that plague the black community across America. It’s not the racism of the right that is keep them down, it’s the racism of the left.
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from Viral Podcasting
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I was having loads of problems dealing with Skype! during the pandemic. Seems like the call quality had just deteriorated past the point of no return. Video quality was way off, so after participating in a high quality Zoom call, my decision was made. I made the switch. Now I don’t like platforms where you can’t initiate the call to your guest, which you certainly can’t do on Zoom. However, it’s great calendar integration made up for some of that control. The quality of their video interface is excellent and their screen flow, where you can set the call to record the video of the person speaking, among other options. So I took the plunge and am happy I did. Skype! does have a few advantages though, their technology for preventing cross-talk is superior as is their ability to block out feed back during a call. But all things considered, Zoom is the better platform.
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from Daily Market Wisdom with Nick Santiago
For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends. Today we discuss:
1. Markets are pulling back again this morning. It started last Thursday with the major stock indexes plunging. On Friday before the labor Day weekend the major stock indexes ended lower, but actually well off the lows of the day. Volume was very heavy on Thursday and Friday. Today, it is an ugly start to the week, but this is not really a surprise as we are in the 60-day window of the election. There are a lot of forces that want the markets to decline sharply before the elections. Careful going into the election.
2. Technology has been the big winner in 2020 and it is now the big loser on this recent decline. Traders and investors should expect a choppy and volatile market right into November. As we stated a while ago, the easy money has been made.Money is coming out of the Nasdaq. It was over bought and bloated.
3. Unemployment continues down. Initial claims were lower Thursday. Non-farm payroll report much better than expected. Economies start to open up. Wall Street is different than Main Street. The country is now rebelling against the pandemic restrictions. The loss of jobs is a sin.
4. China’s threat to dump US debt is going to make that big a difference. China’s trying to get back to the bargaining table. At some point in time the US may decouple. Biden will never stand up to them. Only Trump has the will to do it.
5. Gold and silver continue their sideways consolidaton. Very gradual, nice soft landing. Be ready for resumption of the trend.
For more info, go to InTheMoneyStocks.com.
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by Dr. Ron Paul
Ron Paul Institute
Federal Reserve Chairman Jerome Powell recently announced that the Fed is abandoning “inflation targeting” where the Fed aims to maintain a price inflation rate of up to two percent. Instead, the Fed will allow inflation to remain above two percent to balance out periods of lower inflation. Powell’s announcement is not a radical shift in policy. It is an acknowledgment that the Fed is unlikely to reverse course and stop increasing the money supply anytime soon.
Following the 2008 market meltdown, the Fed embarked on an unprecedented money-creation binge. The result was historically low interest rates and an explosion of debt. Today total household debt and business debt are each over 16 trillion dollars. Of course, the biggest debtor is the federal government.
Plus: California is burning because of a “gender reveal” party, Irish brothel law backfires, and more…
by Elizabeth Nolan Brown
Reason.com
The new Mulan movie is facing a barrage of criticism—and promises to boycott—for filming near Chinese concentration camps and then thanking the Chinese Communist Party (CCP) for the privilege.
The film—a live-action version of the 1998 Disney cartoon by the same name—is based on Chinese folklore about a young woman (Hua Mulan) who pretends to be a boy so that she can fight in her father’s place when he is conscripted into the Chinese army. In a sense, it’s a tale about cleverness, bravery, and familial love helping to overcome hardships brought about by a violent and overbearing government.
That’s makes Disney’s filming location—Xinjiang—an extra slap in the face. Xinjiang is where China has been holding Uighurs in concentration camps and subjecting them and other Muslim minorities to horrible human rights abuses.
from Zero Hedge
Submitted by Tuomas Malinen of GnS economics
We have been watching, with disbelief and bemusement, how the “recovery-narrative” has been touted in the financial media and among some economists and analysts.
Categorically, an economic recovery is a period of expansion, where we eventually exceed the previous peak in employment and output. There’s no such thing coming (anytime soon).
It is very human to avoid acknowledging disturbing possibilities, such as the looming economic abyss the world economy is about to sink into, but now we absolutely need to perceive coldly the economic realities as they are. Otherwise, the effects of the approaching turmoil will be unbearable.
by Penka Arsova
LaCorte News
The United National raised eyebrows on Monday after it tweeted that the coronavirus pandemic has somehow demonstrated that the world is dominated by men, whose “culture … damages everyone.”
The tweet was a quote from Secretary-General, Antonio Guterres, who made the remarks at a town hall with Young Women from Civil Society Organizations in late August.
“The pandemic is only demonstrating what we all know: that millennia of patriarchy have resulted in a male-dominated world with a male-dominated culture which damages everyone – women, men, girls and boys,” Guterres said at the town hall.
He claimed the pandemic was “deepening existing inequalities, including gender inequality.”
by Pam Martens and Russ Martens
Wall Street on Parade
Last week there was a big buzz among financial media outlets regarding the Japanese conglomerate, SoftBank. According to unnamed sources who spoke to the Financial Times, over the past few months SoftBank has paid about $4 billion in premiums, buying call options on individual U.S. technology stocks. The Financial Times called SoftBank the Nasdaq Whale and said its call buying had “stoked the fevered rally in big tech stocks before a sharp pullback” at the end of last week.
A call option on an individual stock is a derivative that gives the buyer the right, but not the obligation, to purchase the actual stock at a specified price (strike price) over a specified time period.
According to the Financial Times, the call options purchased by SoftBank gave it exposure to approximately $30 billion in the stock of big tech companies.
The Wall Street Journal, again citing unnamed sources, wrote that SoftBank focused its $4 billion of call buying on tech stocks it already owned, as well as other tech names.
by Martin Armstrong
Armstrong Economics
Germany Admits There Never Has Been an Epidemiological Emergency!
Are the Democrats using the 1932 Play-Book to Overthrow Trump?
Ruthless Tyranny by Police in Melbourne
COVID Tax Increases – Forcing People to Pay For the Political Plandemic
Belarusian President Claims IMF & World Bank Offered him a Bribe to Impose COVID Restrictions
by Simon Constable
The American Institute for Economic Research
At the end of last month, Federal Reserve chairman Jerome Powell announced a shift in one of its decades-long policy goals. It’s a move that should worry investors and workers alike. Here’s what happened and why it’s a problem:
At the Fed’s annual Jackson Hole symposium, Powell said that instead of targeting an annualized inflation rate of 2%, the institution would allow the rise in the cost of living to go above that rate for long periods. The idea, Powell explained, was to take account of long periods when inflation had remained stubbornly below its target.
“The persistent undershoot of inflation from our 2 percent longer-run objective is a cause for concern,” Powell said. “[…] inflation that is persistently too low can pose serious risks to the economy.”