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Latest Articles: Business/Finance
Woodrow Wilson Created the Fed, Which Gave Us a War Finance System for the Next 100 Years
Post Date: 2018-05-24 10:28:56 by Ada
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"Indeed, Thomas Woodrow Wilson is the father of most of the last century’s ills. His grand crusade gave the world the curse of Stalin and Hitler, which, in turn, fostered the fallacy of the Indispensable Nation and gave rise to Imperial Washington and its destructive projects of global Empire." The author is a prominent American politician, businessman, publicist and author. He was Ronald Reagan's Budget Director, and a congressman from Michigan. He is a frequent commentator on the major financial TV networks on the state of the economy. You could describe him as America's financial conscience and scold - and he's been doing it for 40 years, he famously broke ...
Avenatti’s Law Firm Hit With $10 Million Judgment
Post Date: 2018-05-24 06:44:04 by BTP Holdings
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Avenatti’s Law Firm Hit With $10 Million Judgment By Joe Simonson May 22, 2018 at 2:53pm A U.S. Bankruptcy Court judge on Tuesday ordered Michael Avenatti’s law firm to pay a former colleague $10 million. The initial dispute stemmed after Jason Frank, who used to work at the Eagan Avenatti law firm, was personally promised by Avenatti that he would receive $2 million in a settlement of a bankruptcy case by May 14. That money was never paid, the court determined. Frank had repeatedly requested payment from Avenatti but never received a response, according to an affidavit filed in court and which The Daily Caller News Foundation obtained. “Michael Avenatti, in his ...
Store Closing Sale
Post Date: 2018-05-24 00:24:06 by bush_is_a_moonie
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Jajor retailers closing the most stores in 2018. J.C. Penney After closing nearly 140 stores last year, J.C. Penney is at it again in 2018. The department store chain says eight locations, from California to New Jersey, will be out of business by May. Macy’s Macy's closed around 70 of its department stores in 2017 and started off 2018 by announcing it would shut down nearly a dozen more. Crocs 47 stores Sears The chain started 2018 by announcing plans to close another 39 stores. Business Insider reports Sears in April started the process of closing 11 more, including the last remaining location in its longtime hometown, Chicago. Sam's Walmart says it's closing 63 of ...
Trump’s Fed Nominee Advocated Abolishing Cash
Post Date: 2018-05-22 06:42:56 by Ada
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Trump Federal Reserve Board of Governors nominee Marvin Goodfriend reportedly said in 2016 that cash should be phased out of circulation so the Fed can charge negative interest rates and force consumers to pay fees to keep money in savings accounts. Trump Federal Reserve Board of Governors nominee Marvin Goodfriend reportedly advocated on two different occasions the elimination of cash from circulation in an effort to prevent individuals from hoarding cash in the event that the Federal Reserve were to push a negative interest rate policy during a financial crisis. The Mises Institute notes that Goodfriend first floated the idea in a 1999 paper called “The Case for Unencumbering ...
Switzerland & United States are the world’s most corrupt nations – report
Post Date: 2018-05-21 07:35:00 by Tatarewicz
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RT... A new study from advocacy group Tax Justice Network reveals that Switzerland is the world’s most-corrupt country, with a “high secrecy score of 76.” It’s followed by the US and the Cayman Islands. “Switzerland is the grandfather of the world’s tax havens, one of the world’s largest offshore financial centers, and one of the world’s biggest secrecy jurisdictions or tax havens,” said the group’s report ‘Financial Secrecy Index — 2018 Results’. It explained that “the Swiss will exchange information with rich countries if they have to, but will continue offering citizens of poorer countries the opportunity to evade ...
Which countries are dumping the dollar and why?
Post Date: 2018-05-21 07:17:15 by Tatarewicz
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RT... The European Union is considering switching payments from the US dollar to the euro after Washington threatened to target European firms working in Iran, according to reports. The measure may help the EU to retain one of the world's largest markets, which was opened for trade after the historic nuclear deal signed by Tehran and the P5+1 powers (China, France, Russia, UK, US, plus Germany) in June 2015. Read more © Ohde / face to face Europe to ditch US dollar in payments for Iranian oil – source The idea to eliminate the role of the greenback in international settlements is not new. Aside from the EU, a number of nations have been mulling the idea. RT discussed with ...
THE CASE AGAINST SCHOOLING
Post Date: 2018-05-20 12:03:21 by Ada
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The Case against Education: Why the Education System Is a Waste of Time and Money by Bryan Caplan (Princeton University Press, 2018, 395 pages). Almost every book on education policy (and I have read a great many of them) springs from the set of assumptions that education “experts” embrace: that schooling builds our stock of knowledge and skill, that it needs to be done mainly by government, that it makes us better human beings, and that we owe our prosperity to our great “investment” in education, kindergarten through college. Among the tiny number of books that challenge the conventional wisdom about education, the latest and perhaps the most daring is Bryan ...
German Minister Blasts U.S. Efforts to Block Russian Gas Pipeline As 'Self-Interest'
Post Date: 2018-05-20 08:32:08 by Tatarewicz
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MoscowTimes... A close ally of German Chancellor Angela Merkel issued a stark warning to the United States about the risks of placing "America First," accusing Washington of seeking to block a planned Russia-Germany gas pipeline to shore up its own exports. Economy minister Peter Altmaier defended the Nord Stream 2 pipeline, which is strongly opposed by many East European countries as well as the U.S., who say that by circumventing Ukraine the pipeline will increase Russia's leverage over countries that rely on Moscow's energy sales. Read More Germany Approves Gazprom Pipeline In Territorial Waters, Despite U.S. Opposition Ahead of a summit due later on Friday between ...
It was once the biggest retailer in the US. 125 years later, Sears looks a lot different
Post Date: 2018-05-19 09:57:06 by BTP Holdings
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It was once the biggest retailer in the US. 125 years later, Sears looks a lot different CNBC Lauren Thomas 16 hrs ago Sears is fighting for its life As Sears celebrates its 125th anniversary, it isn't the same as it once was — a household name, "the everything store" and the largest retailer in the U.S. That title was lost to Walmart in the early 1990s, and Sears put an end to its iconic mail-order arm shortly thereafter. (Some would argue Amazon is now considered "the everything store" of the 21st century.) Sears shares hit an all-time high of $195.18 in April 2007, but currently trade under $4 apiece. The declining market capitalization reflects ...
The Definitive Guide: How to Value a Stock
Post Date: 2018-05-17 05:53:12 by Tatarewicz
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Investors who want to sport market-beating returns must first learn a few valuable skills and be willing to put in a little weekend homework. Arguably, the single most important skill investors can learn is how to value a stock. Without this proficiency, investors are left dancing in the market's winds without a firm foundation, not knowing if a company's future growth projections are already baked into the stock price or if a company's shares are severely undervalued. The very thought makes me shudder! Almost everything in the financial news media can be classified as unnecessary background noise, but investors must have a way of determining a stock's true intrinsic ...
The Silver Coil Is Tightening - Mike Maloney
Post Date: 2018-05-15 22:38:35 by BTP Holdings
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Is silver going to be making a big move sometime soon? The evidence is building that the answer to that question might be yes. Join Mike Maloney for this latest update on the silver market. If you enjoyed watching this video, be sure to pick up a free copy of Mike's bestselling book, Guide to Investing in Gold & Silver: www.youtube.com/redirect?...ing-in-gold-and-silver%2F Poster Comment:Silver stackers will make a killing.
Former Starbucks Employee Explains How New Bathroom Policy Will Explode in CEO’s Face
Post Date: 2018-05-15 21:52:10 by BTP Holdings
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Former Starbucks Employee Explains How New Bathroom Policy Will Explode in CEO’s Face By Cillian Zeal May 15, 2018 at 7:47am A simple disagreement over whether or not two African-American patrons at a Philadelphia Starbucks could use the store’s bathroom has blossomed into a “teaching moment” in extremis, with the Seattle coffee giant even going as far to close all of its stores for a day to teach its employees to be less racist. Aside from the obvious takeaway that Starbucks is either scapegoating its employees or had actually trained them to be racist — neither of which is good — one conclusion hasn’t been reached by too many people yet: ...
Sukhoi to supply SuperJets to Iran despite sanctions
Post Date: 2018-05-13 07:06:39 by Tatarewicz
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PressTV... Russia's Sukhoi Civil Aircraft says its plans to sell planes to Iran will not change despite the US re-imposing sanctions against the country. The company announced that it would continue to cooperate with Iranian airlines within the framework of interim agreements on the delivery of SuperJet 100 (SSJ100) passenger planes. Russia’s Sputnik news agency quoted Alexander Rubtsov, the president of Sukhoi Civil Aircraft, as saying that the planes that are to be delivered to Iran would be built without US-made components to avoid contract obstacles posed by the upcoming US sanctions. "The Sukhoi Civil Aircraft will continue to work with Iranian airlines under the ...
Instagram quietly launches payments for commerce
Post Date: 2018-05-06 06:25:30 by Tatarewicz
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TecnCrunch... Get ready to shop the ‘Gram. Instagram just stealthily added a native payments feature to its app for some users. It lets you register a debit or credit card as part of a profile, set up a security pin, then start buying things without ever leaving Instagram. Not having to leave for a separate website and enter payment information any time you want to purchase something could make Instagram a much bigger player in commerce. TechCrunch reader Genady Okrain first tipped us off to the payment feature. When we asked Instagram, a spokesperson confirmed that native payments for booking appointments like at restaurants or salons is now live for a limited set of partners. One ...
If Economic Cycle Theorists Are Correct, 2015 To 2020 Will Be Devastating For The US
Post Date: 2018-05-04 22:56:34 by BTP Holdings
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If Economic Cycle Theorists Are Correct, 2015 To 2020 Will Be Devastating For The US by Tyler Durden Tue, 05/13/2014 - 20:05 Submitted by Michael Snyder of The Economic Collapse blog, Does the economy move in predictable waves, cycles or patterns? There are many economists that believe that it does, and if their projections are correct, the rest of this decade is going to be pure hell for the United States. Many mainstream economists want nothing to do with economic cycle theorists, but it should be noted that economic cycle theories have enabled some analysts to correctly predict the timing of recessions, stock market peaks and stock market crashes over the past couple of decades. ...
Venezuela offered major oil discount to India to use Petro’
Post Date: 2018-05-03 01:33:59 by Tatarewicz
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PressTV... Indian media say Venezuela is working on a proposal to provide New Delhi with a discount of 30 percent over oil purchases if it uses President Nicolas Maduro’s cryptocurrency brainchild – Petro. The Business Standard said in a report that the proposal had been raised during a last month visit to India by a technical team from Venezuela’s “blockchain department”. It added that the team had even entered into an accord with Coinsecure, a Delhi bitcoin trading player, to sell Petro in India. More specifically, a representative for the cryptocurrency exchange firm noted that they planned to provide the Latin American partner with 10-15 cryptocurrency ...
Warren Buffett explains how you could've turned $114 into $400,000 with a simple long-term investment
Post Date: 2018-04-29 02:47:47 by Tatarewicz
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Yahoo Finance... Many of us know the magic of investing money in the stock market—just letting it sit and watching it grow—but few of us really grasp just how powerfully enriching this can be. Not surprisingly, Warren Buffett, the world’s greatest investor, has a vivid example of this which he shared with me during a visit earlier this year at Berkshire Hathaway headquarters in Omaha. First, take yourself back, way back to America’s entry into World War II. Franklin Roosevelt was president and Buffett was a young boy. And as you may know young Buffett, unlike most kids his age interested in games or sports, was basically consumed by the stock market. And at that dark ...
Straight-talking "patriot" wants to lead us to Altcoin clover
Post Date: 2018-04-28 17:19:33 by NeoconsNailed
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This American Patriot Turned Wall Street Renegade Reveals Retirement Secret That Beats Bitcoin, Apple, Google, Amazon What he unveils here, could 10x your money, but only if you take action before midnight of April 28, 2018 Click for Full Text!Poster Comment:Transcript of promo: https://pages.realdaily.com/uc-cryptowealth/? Email=torpenhow@charter.net&customField1=vslfsp&customField3=&AFFID=151114&subid=rmpi
Let’s destroy Bitcoin Three ways Bitcoin could be brought down, co-opted, or made irrelevant
Post Date: 2018-04-26 08:21:04 by Tatarewicz
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Connectivity/MIT Technology Review In 2009, Satoshi Nakamoto served the world an entirely new kind of currency. It was one that people could move over the internet instantaneously and nearly free of charge. Issued and distributed not by a central bank but by its own users, it drew the drapes of privacy around financial transactions while making forgery—in theory, at least—impossible. It’s nine years later, and there are now 24 million active Bitcoin wallets in use around the world. The value of a single bitcoin has risen from about a dollar in 2011 to as high as $19,700 in late 2017. But success, of course, breeds competition. And Bitcoin is now clearly the dominant ...
Huge stock market collapse is coming – investment guru Mark Mobius
Post Date: 2018-04-24 04:28:17 by Tatarewicz
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RT... Following Jim Roger’s latest prediction of the “biggest crash in our lifetimes,” famed 81-year-old investor Mark Mobius says the US stock market is set for a huge correction that would be trouble for everyone. “I can see a 30 percent drop. The market looks to me to be waiting for a trigger to tumble,” Mobius said, as quoted by the London-based Financial News. Read more Crash test dummies in a car © Simon Katzer Stock markets ‘right on the brink’ of 50% crash, financial expert warns According to Mobius, the former executive chairman at Templeton Emerging Markets, all the indicators now point to a great fall in the S&P 500 and the Dow ...
Worldwide Debt Default | Michael Pento
Post Date: 2018-04-20 06:53:24 by BTP Holdings
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The yield curve will invert, leading to a shrinking of the money supply, and a recession later this year, Michael Pento of Pento Portfolio Strategy tells Silver Doctors. He says bonds currently are the “most mispriced assets in the history of the world.” He sees a world wide default on debt coming. The stock market is also in trouble. There is a confluence of events coming in the fall that will lead to a bear market like we haven't seen in a decade. How can small or medium investors navigate the coming crises? Stay tuned to find out! Poster Comment:You cannot beat the fundamentals.
YOUR ENTITLEMENTS? Social Security, Medicare and Pensions...I Don’t Think So!
Post Date: 2018-04-18 08:11:45 by BTP Holdings
1 Comments
See below for slides and more... New to ITM Trading? GET YOUR FREE INVESTMENT GUIDE: http://www.youtube.com/redirect?...uide%2F%3Fytv%3DPBM031618 Today's Slides and Questions: http://www.youtube.com/redirect?...ont-think-lynette-zang%2F On the Road with Lynette Zang Signup: http://www.youtube.com/redirect?...-the-road-with-lynette%2F By ITM Trading's Lynette Zang In 2007 many global private pension funds were fully funded. The baby boomer retirement was still in the future. Governments were hopeful that the leverage and deregulation fueled rally would continue and pull government pensions out of the fire too. Then 2008 hit. Who Owns the Wealth and Who Owns the Risk? ...
America’s 1st Black Billionaire: Thanks To Trump, African-American Unemployment Is Low And The Economy Is Surging
Post Date: 2018-04-15 20:15:58 by BTP Holdings
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America’s 1st Black Billionaire: Thanks To Trump, African-American Unemployment Is Low And The Economy Is Surging BET Founder and America’s first black billionaire Robert Johnson recently appeared on CNBC to talk about the economy. He was quick to credit President Trump for great economic conditions. He also credited him with black unemployment levels reaching its lowest levels in history. Johnson is the son of a farmer who grew up with segregation in the South. That did not stop him from earning a graduate degree from Princeton and launching an incredibly successful business career. He went on to found BET and a number of other companies. He is also a Democrat who has been ...
Illinois passes $5 billion tax increase
Post Date: 2018-04-13 20:51:04 by BTP Holdings
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Poster Comment:This was nearly a year ago and still the crisis goes on. Taxes keep going up and services go down. Typical.
Wells Fargo faces $1 billion fine from loan abuses
Post Date: 2018-04-13 18:47:07 by BTP Holdings
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Wells Fargo faces $1 billion fine from loan abuses Aparajita Saxena 5 Min Read Video link. www.reuters.tv/v/j8$/2018...-bank-earnings-disappoint (Reuters) - Two U.S. regulators have proposed Wells Fargo & Co (WFC.N) pay $1 billion in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its first quarter results. The San Francisco-based lender, which reported a quarterly profit, said it may have to restate results to reflect the final settlement. The proposed penalties were reported earlier this week by Reuters. Analysts said that while the $1 billion penalty would not make a significant dent to ...
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