Jul 02 11:39

Think for Yourself and Question the Benefits of Higher Education

By Logan Smith

Graduation season has once again concluded, and 1.9 million Americans have left college behind and graduated with a bachelor’s degree. The social and cultural pressures to attend college are high, and the financial expense to do so is just as acute. Major presidential candidates gin up their base by empathetically promising to absolve the self-inflicted financial troubles of student loans, blissfully punishing those who made sound financial college decisions. While presidential candidates are showcasing the victims of so-called nefarious student loans, celebrities are bribing university officials with millions of dollars simply to grant their children admission to state schools...

Jul 02 11:24

Nothing Is More Expensive Than a Free Government Service

By Jeffrey A. Tucker

I’m listening to politicians hock their wares these days. The same ideas keep reappearing. Put them in charge and health care will be free. College education will be free. All life essentials will be free. Jobs will fall like manna from heaven. There will be a guaranteed income. Retirement will be secure.

You get the impression of government as some magic fairy who bestows goods and services on people without the annoying part of having to forgo income to get them. It’s a world without prices, without demands, without cost, a bounty that comes to one and all merely because powerful people legislated it to be so. The power of a piece of paper backed by law!...

Jul 02 11:14

5 Things You Need from Your Job to Advance Your Career

By David L. Veksler

Your job won’t always be your dream job. Sometimes you’ll take on projects you don’t like, work with people whose company you don’t enjoy, or get paid less than you think you’re worth. Sometimes, your focus will be on getting by until you find your next gig or get promoted. However, no matter what you do, there is almost always more to gain from your work than a paycheck.

Many employees think of their salary as the sole value they derive from their job. Career growth requires a deliberate focus on personal growth to prepare yourself for the next rung on your career ladder. Here are five goals to focus on in your work...

Jul 02 10:02

The bigger the rise, the harder the fall.

Jul 02 09:13

California Unveils Big Brother Education System to Track Kids From “Cradle to Career”

By Shane Trejo

The California legislature has approved legislation that will be signed by Gov. Gavin Newsom to set up an educational system that will use big data to track children from “cradle to career.”

Senate Bill 75 was approved by a vote of 31-7 in the Senate and 62-14 in the Assembly. It will create a “longitudinal” data system that profiles and manipulates pupils from the earliest of ages so they are guided into a career determined by the central planners...

Jul 02 07:40

Second Florida City Pays Hackers. How Smart Cities Leave Themselves Open for Cyberattacks.

By B.N. Frank

A city employee clicking on a malicious link is being blamed for this recent cyber attack in Lake City, Florida. Insurance will cover most of the ransom and taxpayers will cover the rest. Argh.

Hackers targeting local and state governments is on the rise. Regardless, many local and state governments are choosing to set themselves up for this by installing wireless utility Smart Meters, 5G, the Internet of Things (IoT) and by promoting and incorporating Smart Cities...

Jul 02 07:25

Extreme Frugality

Jul 02 06:27

Jim Willie: US Dollar Breakdown Begins

Jul 02 00:00

Aussie central bank cuts official rates to 1 per cent as global uncertainty mounts

The gap between New Zealand and Aussie official interest rates has widened after the Reserve Bank of Australia (RBA) cut its rate to its lowest ever point of 1.0 per cent today.

It is only the second time since 2012 that the RBA has cut in two consecutive months.

The new Australian rate compares with New Zealand's official cash rate of 1.5 per cent.

Economists expect the New Zealand rate to fall to 1.25 per cent in August, and some expect to see a second rate cut before the year is out.

RBA Governor Philip Lowe said today's cut would support employment growth and provide greater confidence that inflation will be consistent with the medium-term target.

He said in a statement the outlook for the global economy remained reasonable. *You can always tell when they lie. They speak..*

Jul 01 18:50

Goodbye, tablets

Remember when tablets were hotter than hot and were going to replace PCs? Er, yeah, about that: I don’t think so.

Five years ago, Gartner bravely predicted that more than half of all users would use a tablet or smartphone first — instead of a laptop or desktop — for all online activities. Well, it was half right.

Smartphones, according to NetMarketShare, now make up 54% of the market. Desktops and laptops make up the bulk of the rest, with 41%. Tablets? A mere 4.61%, with their numbers ever declining.

Jul 01 18:11

ANZ threatens to 'review and reconsider' NZ operations if Reserve Bank pursues capital ratio changes

ANZ group chief executive Shayne Elliott has threatened to review the "size, nature and operations" of the New Zealand business if the Reserve Bank implements its proposed changes to capital ratios, according to his submission released publicly today.

The capital changes would see ANZ Group reduce investment and reallocate resources away from New Zealand to more profitable businesses, Elliott says.

"This may also lead the New Zealand business to reduce operational costs (including employee costs)."

It may also require ANZ Group to "dispose, or cease operation, of the relevant underperforming New Zealand assets or businesses".

*PPV sorry*

Jul 01 17:58

Media and politicians ignore oncoming financial crisis

Unless Congress immediately begins making substantial spending cuts, America will soon face a major economic crisis. This crisis will likely involve the Federal Reserve’s debt monetization resulting in a rejection of the dollar’s world reserve currency status. Since the media and most politicians refuse to discuss this topic, it is up to those of us who understand the truth to spread the word, grow the liberty movement, and force politicians to make real cuts right now.

Jul 01 16:30

(NZ) Business confidence plunge: ASB predicts big rate drop

ASB economists say the latest gloomy business confidence means the Reserve Bank will need to cut interest rates two more times this year.

"With economic momentum continuing to slow, we now expect the RBNZ will cut the OCR twice more, in August and November, bringing the Official Cash Rate (OCR) to 1 per cent," ASB said.

The bank has already cut once this year taking New Zealand's official cash rate to a record low 1.5 per cent.

New Zealand business confidence fell to more than a 10-year low in the June quarter, with manufacturers the gloomiest sector.

*The RBNZ wants Banks to double their capital from 8% to 16% because they know what is coming & the Banks are fighting against it. Makes one wonder why they are fighting it.*

Jul 01 13:38

80% of the stock market is now on autopilot

Jul 01 12:18

A New Tax Warning for Business Owners

Jul 01 12:10

Google: The Monster That Has To Be Destroyed

Google & YouTube have violated the public trust by lying to official representatives

Jul 01 11:57


More than a decade before Iran shot down a US military RQ-4 Global Hawk surveillance drone on June 20, its manufacturer pitched the Department of Defense on expanding the fleet by presenting a hypothetical conflict with the Islamic Republic.

Jul 01 11:43

Media and Politicians Ignore Oncoming Financial Crisis

The mainstream media was too busy obsessing over Russiagate to notice that, according to an annual Social Security and Medicare Boards of Trustees report, the Social Security trust fund will run out of money by 2035. The trustees also reported that the Medicare Hospital Insurance trust fund will be empty by 2027.

The trustees’ report is actually optimistic. Social Security is completely funded, and Medicare is largely funded, by payroll taxes. Therefore, their revenue fluctuates depending on the employment rate. So, when unemployment inevitably increases, payroll tax revenue will decline, hastening Medicare and Social Security’s bankruptcy.

Jul 01 11:38

"Wealthy" Chicago Households On Hook For $2 Million In Debt Each Under 'Progressive Solution' To Pension Crisis

Chicagoans are buried under so much pension debt it’s impossible to see how their city can avoid a fiscal collapse without major, structural reforms. The futility of paying down those debts becomes obvious when you try to figure out just who’s going to pay for it all.

The total amount of city, county and state retirement debt Chicagoans are on the hook for is $150 billion, based on Moody’s most recent pension data. Split that evenly across the city’s one million-plus households and you arrive at nearly $145,000 per household.

That’s an outrageous amount, but it would be a clean solution if each and every Chicago household could simply absorb $145,000 in government retirement debt. The problem is, most can’t.

One-fifth of Chicagoans live in poverty and nearly half of all Chicago households make less than $50,000 a year. It wouldn’t just be wrong to try and squeeze those Chicagoans further, but pointless. They don’t have the money.

Jul 01 11:37

Blain: "Nothing Was Solved In Osaka - The US And China Remain On Collision Course"

That was truly an extraordinary weekend. Trump vs Xi agreed to resume trade negotiations. No more tariffs, but the old ones still in place. Huawei ban to be reconsidered. Trump also met Kim in the DMZ. It was also the end of H1 2019, with stock markets posting their most impressive gains since 1997 even as bonds proved the top returning assets – which should have everyone wondering and worrying how!

I reckon that puts us in a very interesting position for the next 18 months. Trade wars will remain a major distraction and concern – whatever happened in Osaka over the weekend, about the only thing we can confirm is nothing is really fixed! Instead, the dominant factor in coming months could be the US Federal Reserve – and how it is likely to come under increasing pressure from Trump, who is now in full electioneering mode. That puts a whole new complexion on the Game of Markets.

Jul 01 11:30

Rent Is Becoming Unaffordable For Many U.S. Workers

The National Low Income Housing Coalition has published its latest "Out of Reach" report which shows that renting is becoming increasingly unaffordable for countless Americans.

Its central statistic is the Housing Wage which is an estimate of the hourly wage a full-time worker must earn to rent a homewithout spending more than 30 percent of his or her income on housing costs. As Statista's Niall McCarthy notes, for 2019, the Housing Wage is $22.96 and $18.65 for a modest two and one-bedroom flat respectively based on the "fair market rent".

A worker earning the federal wage would have to put in 127 hours every week - equivalent to more than two full-time jobs - to afford a two-bedroom apartment. It isn't just a regional issue - there isn't a single state, metro area or county in the U.S. where a full-time worker earning the minimum wage can afford to rent a two-bedroom property.

Jul 01 09:46

13-Year-Old Boy Opened a Bakery to Give Pastries Away to the Homeless

By Amanda Froelich

Once or twice each month, the 13-year-old travels from his home in Bowie, Maryland to Washington D.C. where he hands out dozens of baked treats to kids, adults, and families in domestic violence and homeless shelters. The philanthropic teen also works with the Washington D.C.-based nonprofit No Kid Hungry to distribute the pastries...

Jul 01 08:21

Stock Markets Before and After the Trade War

Jul 01 08:18

Best-Case Scenario Has a Worst-Case Twist

Jun 30 18:23

Stocks At RECORD HIGH = No Fed Rate CUT

Jun 30 18:21

AT&T Fires Up Sweat-Inducing 5G in “Sin City” With Plans for 20 More Despite Anticipating More Lawsuits

By B.N. Frank

Last February, telecom executives gave congressional testimony that they could NOT provide any studies that prove that 5G technology is safe. Unfortunately, plenty of research already proves it isn’t.

Not only that – cybersecurity experts, environmentalists, meteorologists, NASA, NOAA, the U.S. Navy, and utility companies have ALL warned that installing 5G everywhere could lead to widespread catastrophic events.

Regardless, AT&T is introducing 5G in more U.S. cities despite this as well as growing 5G opposition and that Americans ARE NOT signing up for it where it’s already been installed.

Jun 30 15:25


As of beginning July 2019 prospects look positive for a re-election of Donald Trump as President in November 2020. Headline stock market and GDP figures all look positive…at the present. The huge unanswered question is whether that can be sustained until the fateful elections. We see signs already that spell potential trouble for the Republicans .

Jun 30 11:15

Another Bill to Multiply Small Cell Towers — S. 3157: Streamline Small Cell Deployment Act

By B.N. Frank

On June 3rd, the Streamline Small Cell Deployment Act S. 3157 was introduced by Sen. John Thune (R-SD) and Sen. Brian Schatz (D-Hi) to make it easier for the Telecom Industry to quickly install countless 4G and 5G small cell towers and infrastructure throughout American suburbs and rural areas.

This includes in front of homes, schools, everywhere. Research has already determined that this is NOT biologically or environmentally safe...

Jun 30 10:45

Are Stocks In A Bear Market?

Jun 30 10:33

Deep in contraction

Jun 30 09:51

What Apple could buy with its cash reserves

Jun 30 08:23

Investment Grade Bonds Could Be Peaking

Jun 30 07:42

The ridiculous return of the Zimbabwe dollar

Jun 30 06:54

The Three-Headed Investment Bandit

Jun 29 13:53

Next Recession Starts March 2020?

Jun 29 12:20

Global earnings revisions

Jun 29 11:45

Prepare For The Day Of Reckoning: The National Debt IS A Worsening Problem

The day of reckoning is coming for the United States’ national debt and it will likely come in the form of a dollar collapse. This is a problem for every single person on the globe and it’s only getting worse.