He continues, “The people that own homes today worked very, very hard for it, saved every dollar, did everything they could to get up the property investment ladder,” conveniently failing to mention the housing bubble and subsequent crash that occurred in the last decade due to poorly regulated banks that approved mortgages for millions of people who they knew could not afford to pay them back. For Gurner, it’s easier to blame rampant spending on avocados and lattes for today’s low home ownership rates than on post-recession regulation of predatory lending practices that have prevented banks from handing out mortgages like candy.
Statements from President Trump on Twitter and from White House National Security Advisor Lt. Gen. H.R. McMaster did not directly contradict details initially reported by the Washington Post late on Monday. McMaster said that no sources or methods were exposed in the conversation. However, the unnamed officials cited in the Post report were concerned that Trump's citing of the exact location "in the Islamic State’s territory where the US intelligence partner detected the threat" could expose the source.
Selected Articles: The North Korea Nuclear Issue (yogmonster)
As we detailed earlier, on the eve of a summit in Beijing, and just hours after Pyongyang’s chief nuclear negotiator said North Korea is ready to hold talks with the United States “if the conditions are mature”, South Korea’s Yonhap reports that North Korea has fired a projectile believed to be a ballistic missile, from a region named Kusong located northwest of Pyongyang, where the North previously test-launched its intermediate-range missile.
Even when the silver price reached a high of $49 in 2011, total global silver investment was only $6.6 billion. Looking over the market in the past six years, the total $32 billion of silver investment from 2011 to 2016 is nothing when we compare it to the staggering amount of Central Bank asset purchases. According to a recent Zerohedge article, Why “Nothing Matters”: Central Banks Have Bought A Record $1 Trillion In Assets In 2017.
Everything Bubble: Code Red (yogmonster)
This urgent, 35-minute presentation from Mike Maloney is a must watch. You'll see overwhelming evidence that stocks, bonds, and real estate could be in biggest bubbles of all time.
Congress Is Coming After Your 401(k) (Tiffany D.)
The new proposal would treat all 401(k) and traditional IRA contributions as if they were Roth IRA contributions. You’d lose the tax exclusion of those contributions, but your future 401(k)/IRA earnings and appreciation would be tax-free. Some think this could raise $1.5 trillion in additional tax revenue over the next decade, making the corporate tax slash feasible.
Since then, the FCC's public comments system has been flooded with a barrage of comments — well over half-a-million responses at the time of writing — in part thanks to comedian John Oliver, who raised the issue on his weekly show on Sunday. He asked Americans to leave comments in favor of keeping the rules. The FCC later said that it was hit by "multiple" cyberattacks shortly after the show aired designed to "bombard the FCC's comment system with a high amount of traffic to our commercial cloud host." The FCC, however, offered no evidence of the attacks, with at least one pro-net neutrality group expressing skepticism of the FCC's claims.
Currently, there is no industry standard for the integration of producer-consumers’ energy storage into the greater grid, creating a massive opportunity for innovation that will have global consequences. Many areas employ several different strategies to fill the gaps in renewal energy supplies. For example, for brief gaps in generation, the UK’s National Grid turns to conventional power stations. For longer gaps, some power stations are kept on standby, a costly strategy that continues contributing the carbon emissions that the country is trying to combat.
More than 4 million people live north of Earth's Arctic Circle, nearly half of them in Russia and the rest scattered among the seven other northernmost countries—the U.S., Canada, Greenland, Iceland, Norway, Sweden, and Finland. About 500,000 people live among one of dozens of indigenous nations whose ancestry and bonds extend beyond modern borders. Over the most recent generation, many of these communities have banded together into large regional organizations that promote their interests among the international community.
Gold & Silver
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