investmentwatchblog--2020-05-28--Americans Growing Increasingly Anxious Over Retirement Savings

With all of the challenges that retirement savers already encounter , like inflation , regulations , economic uncertainty , and more , the coronavirus ( COVID-19 ) pandemic sure seems to have hit at the wrong time .
Many governors in the U.S. opted to shut down their local economies , and even though some states have started the process of re-opening , the ripple effects have only just begun .
For anyone who is saving for retirement , those ripple effects will likely pile on top of the whole host of decisions that they already have to make .
@ @ @ @ @ @ @ savers from different generations nervous , according to a recent study : Of course , the idea of retiring comfortably isn ’ t a new problem .
But the pandemonium caused by the coronavirus has made an already challenging problem that much more difficult .
The release announcing the study ’ s results explained , “ [ The supplemental survey was conducted ] after several states issued stay-at-home orders and large segments of the U.S. economy had temporarily closed due to the pandemic.
” The release also shined a light on the possibility @ @ @ @ @ @ @ savers from all generations : The study also found that 87 % of the participants wouldn ’ t say their chances for a comfortable retirement have improved : Already , this new study paints a very bleak picture .
Yet unfortunately , when coupled with more data , the outlook grows even grim… That 53 % isn ’ t a typo .
Over half of retirement savers haven ’ t even recovered from the last economic recession – from over ten years ago .
The study broke down which participants had or had @ @ @ @ @ @ @ 2019 , before the onset of the pandemic , many workers said they are still financially recovering from the Great Recession .
Fewer than half ( 47 percent ) indicate that they either had fully recovered ( 26 percent ) or were not impacted ( 21 percent ) .
Thirty-two percent say they had somewhat recovered , 14 percent had not yet begun to recover , and seven percent feel they may never recover .
To make matters worse , many retirement savers don ’ t have enough in savings to deal with @ @ @ @ @ @ @ $ 5,000 ( median ) in emergency savings , with 29 percent reporting less than $ 5,000.
” If most people aren ’ t confident they will enjoy a comfortable retirement , and a good number of people haven ’ t even recovered from the 2008 recession , it goes without saying something needs to change .
Start by Looking at Ways to Minimize Risk Exposure If your retirement portfolio contains mostly paper-backed assets like stocks , bonds , and mutual funds , then perhaps it ’ s time to consider a change @ @ @ @ @ @ @ solely to those assets , consider diversifying your portfolio into different asset classes , such as precious metals like gold and silver .
The bottom line is , you can still take back control of your retirement savings , and now might be a good time to think about doing so .

From Birch Gold Group
With all of the challenges that retirement savers already encounter, like inflation, regulations, economic uncertainty, and more, the coronavirus (COVID-19) pandemic sure seems to have hit at the wrong time.
Many governors in the U.S. opted to shut down their local economies, and even though some states have started the process of re-opening, the ripple effects have only just begun.
For anyone who is saving for retirement, those ripple effects will likely pile on top of the whole host of decisions that they already have to make.
And it appears to be making retirement savers from different generations nervous, according to a recent study:
23% of workers who are either employed or recently unemployed express that their confidence in retiring comfortably has declined due to the economic effects of the COVID-19 coronavirus pandemic.
Of course, the idea of retiring comfortably isn’t a new problem. But the pandemonium caused by the coronavirus has made an already challenging problem that much more difficult.
The release announcing the study’s results explained, “[The supplemental survey was conducted] after several states issued stay-at-home orders and large segments of the U.S. economy had temporarily closed due to the pandemic.”
The release also shined a light on the possibility that the virus may have impacted retirement savers from all generations:
The long-term implications of the coronavirus pandemic and recession on retirement security have yet to be fully realized… However, the financial vulnerabilities among workers across all generations are becoming clear.
The study also found that 87% of the participants wouldn’t say their chances for a comfortable retirement have improved:
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Across generations, the decline in retirement confidence increases with age: Millennials (20 percent), Generation X (25 percent), and Baby Boomers (32 percent). Fifty-three percent of workers say their retirement confidence remains unchanged, while 13 percent said it has improved and 11 percent answered “don’t know/not sure.”
Already, this new study paints a very bleak picture. Yet unfortunately, when coupled with more data, the outlook grows even grim…
Study: 53% Haven’t Recovered from the 2008 Recession
That 53% isn’t a typo. Over half of retirement savers haven’t even recovered from the last economic recession – from over ten years ago.
The study broke down which participants had or had not recovered since then:
In late 2019, before the onset of the pandemic, many workers said they are still financially recovering from the Great Recession. Fewer than half (47 percent) indicate that they either had fully recovered (26 percent) or were not impacted (21 percent). Thirty-two percent say they had somewhat recovered, 14 percent had not yet begun to recover, and seven percent feel they may never recover.
To make matters worse, many retirement savers don’t have enough in savings to deal with any emergencies: “Workers have only $5,000 (median) in emergency savings, with 29 percent reporting less than $5,000.”
If most people aren’t confident they will enjoy a comfortable retirement, and a good number of people haven’t even recovered from the 2008 recession, it goes without saying something needs to change.
Start by Looking at Ways to Minimize Risk Exposure
If your retirement portfolio contains mostly paper-backed assets like stocks, bonds, and mutual funds, then perhaps it’s time to consider a change.
Instead of having your retirement exposed solely to those assets, consider diversifying your portfolio into different asset classes, such as precious metals like gold and silver.
The bottom line is, you can still take back control of your retirement savings, and now might be a good time to think about doing so.


investmentwatchblog--2020-05-28--CoronaVirus Tracking Bracelets Flooding the Market Ready to Snitch on People Who Don’t Distance

CoronaVirus Tracking Bracelets Flooding the Market Ready to Snitch on You
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h/t QuantumLove


investmentwatchblog--2020-05-28--BOOM: Planned Parenthood Admits UNDER OATH To Selling Baby Parts For Profit

An explosive new video from the Center for Medical Progress ( CMP ) contradicts past claims from Planned Parenthood that @ @ @ @ @ the sale of aborted baby body parts but merely donated them and was compensated for @ @ @ @ @ Planned Parenthood officials under oath in 2019 , as well as documents from those officials @ @ @ @ @ shows these executives and directors admitting to actually selling body parts , which is illegal @ @ @ @ @ in the video , including from Tram Nguyen ( Planned Parenthood Gulf Coast ’ s @ @ @ @ @ ) , Dr. Dorothy Furgerson ( Chief Medical Officer of Planned Parenthood Mar Monte ) @ @ @ @ @ , the former senior director of medical services for Planned Parenthood Federation of America , @ @ @ @ @ and documents are available on the CMP website .

BOMBSHELL: Planned Parenthood officials admit under oath to selling aborted body parts
An explosive new video from the Center for Medical Progress (CMP) contradicts past claims from Planned Parenthood that the corporation never participated in the sale of aborted baby body parts but merely donated them and was compensated for expenses. Featuring testimony from Planned Parenthood officials under oath in 2019, as well as documents from those officials’ admissions, the video shows these executives and directors admitting to actually selling body parts, which is illegal.
Numerous depositions are featured in the video, including from Tram Nguyen (Planned Parenthood Gulf Coast’s Senior Director of Abortion Access), Dr. Dorothy Furgerson (Chief Medical Officer of Planned Parenthood Mar Monte), and Dr. Deborah Nucatola, the former senior director of medical services for Planned Parenthood Federation of America, among others.
www.liveaction.org/news/bombshell-planned-parenthood-admits-oath-aborted-parts/?__cf_chl_jschl_tk__=dba555e6c072aed125ca83266e9fd7e2651dd083-1590568852-0-AUv_w_ZspB4hkeVvzwh0HFnuiR-bQXoF-PTptyDP1gxuxxZwFAzM7S_BFBfzGANCQja3NtSuzX8yFipv3o_Sm4TcKNNtZS7mHFuxn_T0f6qoB2mvB5UUesxUsAMS0hZM2c2ApD_NVcByM-rGaLumhyzJLkEWhxgJJpG4dt4Y3dcMUz_RGaHsbHkUJE4tETz1gYGvaB7y3POarATZwZWQiWQjhxQ3P-sb0r-nGm4Vf1KXpfD0xhisH4pPK3WC_b9tFwGMSWMY8LL-Wu1tFYcVEYUP7k_AkKh_rNl-RxtUB5tWjsp6FAS1gqHToy3Yhz6qcVIZNVOn1WbtkqvEjHs0DZCCNoYFFy_3lQBD8fxvoU4Q
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Fetal Trafficking Under Oath – Planned Parenthood’s Admissions About Baby Parts Sales
More testimony and documents are available on the CMP website.
www.centerformedicalprogress.org/fetal-trafficking-under-oath/testimony/
h/t CrsCrpr


investmentwatchblog--2020-05-28--Tyranny of the Omnipotent Moral Busybodies

“ Of all tyrannies , a tyranny sincerely exercised for the good of its victims may be the most oppressive @ @ @ @ @ to live under robber barons than under omnipotent moral busybodies .
The robber baron ’ @ @ @ @ @ , his cupidity may at some point be satiated ; but those who torment us @ @ @ @ @ torment us without end for they do so with the approval of their own conscience.
@ @ @ @ @ I am often amazed to see that whatever we are facing , the “ Inklings @ @ @ @ @ & friends ) have been there first .

by TrailDust
“Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.”
~ C. S. Lewis
I am often amazed to see that whatever we are facing, the “Inklings” (Lewis, Tolkien & friends) have been there first.
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♞


investmentwatchblog--2020-05-28--CBSNEWS Hit Hard By Layoffs…  ‘Everyone Is Shocked’…

“ I ’ m really sorry , ” network president Susan Zirinsky said Wednesday on an all-staff Zoom meeting about the cuts .
“ There is not a person who won ’ t be missed.
” CBS News was hit hard by a round of corporate cost-cutting that saw “ a single-digit percentage ” of the network ’ s news staffers laid off , according to an estimate given by network president Susan Zirinsky during a Wednesday afternoon all-hands conference .
Based on the size of the news network — which totals more than 500 staffers — employees did the @ @ @ @ @ @ @ staffers were cut , though the network has not said specifically how many were affected .
Zirinsky said in a memo earlier Wednesday that management “ had to make some extremely difficult decisions ” due to “ the economic fallout from the pandemic coming on top of the cost savings initiatives already underway from the merger of CBS and Viacom.
” The exec was apologetic and sympathetic during the network ’ s post-cuts meeting , according to multiple staffers on the call , explaining the rationale for the cuts and engaging with the @ @ @ @ @ @ @ There isn ’ t a single person leaving who did a bad job , ” she said .
“ It ’ s economics .
It is absolutely the financials that has forced us to make these decisions .
… I ’ m really sorry .
There is not a person who won ’ t be missed.
” CBS News was the first national television news network to have confirmed cases of the novel coronavirus among its staff , telling employees to work from home on March 11 after two employees tested positive .

“I’m really sorry,” network president Susan Zirinsky said Wednesday on an all-staff Zoom meeting about the cuts. “There is not a person who won’t be missed.”
CBS News was hit hard by a round of corporate cost-cutting that saw “a single-digit percentage” of the network’s news staffers laid off, according to an estimate given by network president Susan Zirinsky during a Wednesday afternoon all-hands conference.
Based on the size of the news network — which totals more than 500 staffers — employees did the back-of-the-envelope math and estimated that about 50 staffers were cut, though the network has not said specifically how many were affected.
“Everyone is shocked,” a CBS News staffer tells The Hollywood Reporter.
Zirinsky said in a memo earlier Wednesday that management “had to make some extremely difficult decisions” due to “the economic fallout from the pandemic coming on top of the cost savings initiatives already underway from the merger of CBS and Viacom.”
The exec was apologetic and sympathetic during the network’s post-cuts meeting, according to multiple staffers on the call, explaining the rationale for the cuts and engaging with the human cost of the layoffs.
“There isn’t a single person leaving who did a bad job,” she said. “It’s economics. It is absolutely the financials that has forced us to make these decisions. … I’m really sorry. There is not a person who won’t be missed.”
CBS News was the first national television news network to have confirmed cases of the novel coronavirus among its staff, telling employees to work from home on March 11 after two employees tested positive.
www.hollywoodreporter.com/news/cbs-news-hit-hard-by-layoffs-is-shocked-1296157


investmentwatchblog--2020-05-28--Minority Leader McCarthy EXPLODES from House floor over the Democrats’ plan for unconstitutional pro

Minority Leader McCarthy EXPLODES from House floor over the Democrats’ plan for unconstitutional proxy voting. This is a MUST-WATCH:

Are the Republicans finally finding their balls and fighting back ?
REPUBLICANS SUE PELOSI Over Ghost Voting Resolution .
1 @ @ @ @ @ others , for example .
It ’ s unconstitutional to not assemble & vote by @ @ @ @ @ no show politics .

Minority Leader McCarthy EXPLODES from House floor over the Democrats' plan for unconstitutional proxy voting. This is a MUST-WATCH: pic.twitter.com/h0irMlSW6f — Caleb Hull (@CalebJHull) May 27, 2020
Are the Republicans finally finding their balls and fighting back?
REPUBLICANS SUE PELOSI Over Ghost Voting Resolution. 1 rep is voting for 5 others, for example. It’s unconstitutional to not assemble & vote by proxy. Pelosi pushes for no show politics.
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AC


investmentwatchblog--2020-05-28--Twitter effed up. They could censor regular conservatives all day and barely anyone cared. But they

Twitter effed up. They could censor regular conservatives all day and barely anyone cared. But they got greedy and went straight up to Trump. Big mistake… Now comes the pain

A federal judge literally stopped trump from deleting assholes that replied to his twitter .
It was because it is @ @ @ @ @ people to redress grievances etc was sacred .
But now they can shadow ban the @ @ @ @ @ them .
They are acting as a superpac .
COLLUSION : China ’ s hidden @ @ @ @ @ reason Facebook needs new cybersecurity approach : Too many loopholes exist for bad actors to @ @ @ @ @ ’ s time for Facebook to get serious about closing them .
Flashback : Ted @ @ @ @ @ FTC Investigate Big Tech Firms That Can ‘ Sway Elections .
’

Twitter effed up
They could censor regular conservatives all day and barely anyone cared
But they got greedy and went straight up to Trump
Big mistake
Now comes the pain
— Rogan O’Handley 🇺🇸 (@DC_Draino) May 27, 2020


investmentwatchblog--2020-05-28--It Was An Attempted Coup, Designed To Overturn An Election, And The Perpetrators Should Be Jailed.

New FBI document confirms the Trump campaign was investigated without justification .
But we ’ ll be lucky if they pay any serious price at all .
Late last week the FBI document that started the Trump-Russia collusion fiasco was publicly released .
It hasn ’ t received a lot of attention but it should , because not too long from now this document likely will be blown up and placed on an easel as Exhibit A in a federal courtroom .
The prosecutor , U.S. Attorney John Durham , will rightly point out that the document that spawned three @ @ @ @ @ @ @ a single justifiable reason for starting the “ Crossfire Hurricane ” investigation .
Those of us who have speculated there was insufficient cause for beginning the investigation could not have imagined the actual opening document was this feeble .
It is as if it were written by someone who had no experience as an FBI agent .
Keep in mind the FBI can not begin to investigate anyone , especially a U.S. citizen or entity , without first creating a document that lists the reasonably suspicious factors that would legally justify the investigation @ @ @ @ @ @ @ taught Day 1 at the FBI Academy at Quantico , Va .

New FBI document confirms the Trump campaign was investigated without justification. But we’ll be lucky if they pay any serious price at all.
Late last week the FBI document that started the Trump-Russia collusion fiasco was publicly released. It hasn’t received a lot of attention but it should, because not too long from now this document likely will be blown up and placed on an easel as Exhibit A in a federal courtroom.
The prosecutor, U.S. Attorney John Durham, will rightly point out that the document that spawned three years of political misery fails to articulate a single justifiable reason for starting the “Crossfire Hurricane” investigation.
Those of us who have speculated there was insufficient cause for beginning the investigation could not have imagined the actual opening document was this feeble. It is as if it were written by someone who had no experience as an FBI agent.
Keep in mind the FBI cannot begin to investigate anyone, especially a U.S. citizen or entity, without first creating a document that lists the reasonably suspicious factors that would legally justify the investigation. That’s FBI 101, taught Day 1 at the FBI Academy at Quantico, Va.


investmentwatchblog--2020-05-28--American Corporations Owned By China

American Corporations Owned By China

General Electric appliances have been a household name in the US from refrigerators , air conditioning , stoves , washer and dryers since 1962 , with special thanks to their “ Made in America ” logo that makes their products appeal more to Americans .
But , what many may not know , is that while GE appliances are still “ Made in American , ” the iconic US brand is already Chinese owned .
In 2016 , GE was bought by the world ’ s largest appliance company — Haier from China for a whopping $ 5.4 billion , @ @ @ @ @ @ @ business in China .
GE Appliances is still headquartered in Louisville , Kentucky , but you know now that its real motherland is now in Qingdao , China .
America ’ s biggest movie theater chain is sadly not American anymore .
AMC was bought out by Beijing-based Dalian Wanda Group in a $ 2.6 billion deal in May 2012 .
The American cinema operator , who has over 8,200 screens in their 661 cinemas across the US was acquired by Chinese businessman Wang Jianlin , who reportedly has a penchant for Hollywood @ @ @ @ @ @ @ motion picture exhibitor Carmike Cinemas for $ 1.2 billion .
Reports said that its chairman , Jianlin , also offered to buy a majority stake in American film studio , Paramount Pictures , but was rejected .
So the next time you visit AMC for a movie , at least you already know .
3 .
Smithfield Foods The world ’ s largest pork producer , Smithfield Foods , was acquired by China ’ s Shuanghui International in 2013 from American owners for nearly $ 4.7 billion , making it one of the @ @ @ @ @ @ @ a Chinese firm .
The Virginia-based Smithfield Foods is another icon in American homes for its meat products like its famous bacon and holiday hams .
It also owns brands like Farmland , Healthy Ones , Margherita , Curlys and Ekrich .
Now this makes me wonder ; with China being the US ’ no .
3 export market for pork , and the world ’ s largest pork producer being a Chinese-owned company , does this mean the $ $ $ just goes back to them ?
In 2017 , the US @ @ @ @ @ @ @ of pork to China , making it the third largest recipient of US pork .
4 .
Legendary Entertainment Group Global entertainment company , Legendary — known for hit movies like “ Jurassic World , ” “ Warcraft , ” “ Godzilla , ” “ Pokemon ” and “ Pacific Rim ” is also owned by Chinese company Dalian Wanda , who also owns AMC .
The Beijing-based conglomerate , owned by Forbes 128th richest person in the world , bought the movie studio for $ 3.5 billion in 2016 .
Reports said @ @ @ @ @ @ @ , wanted to consolidate Legendary into its own conglomerate but is letting the studio operate independently for now .
5 .
The Waldorf-Astoria China ’ s Anbang Insurance Group purchased the well-known Manhattan hotel , Waldorf-Astoria in New York City for $ 1.95 billion .
The Beijing-based holding company also bought US insurer Fidelity & Guaranty Life and attempted to purchase Starwood Resorts .
It lost to American multinational diversified hospitality company Marriott , however .
6 .
Strategic Hotels & Resorts Anabang ’ s interest in American hotels didn ’ t stop @ @ @ @ @ @ @ when it failed to buy Starwoods .
In 2016 , Anabang bought Blackstone Group ’ s luxury hotels chain for $ 6.5 billion making the Chinese holding company owner of Essex House , Ritz-Carlton hotels in California , the Four Seasons Resort in Jackson Hole , Wyoming and the Fairmont Scottsdale in Arizona .
The American private equity firm sold the Strategic Hotels & Resorts to the Chinese investor for $ 450 million more .
In early 2018 though , the Chinese government seized control of Anbang Insurance Group as its chairman had @ @ @ @ @ @ @ China to crack down on firms putting China on financial risk .
So I guess the Chinese government owns these properties in America now ?
7 .
Riot Games LA-based American game-developer , Riot Games , who created the video game “ League of Legends ” sold a billion-dollar franchise to Chinese holding company Tencent , who has an interest in various internet-related products , services , entertainment , and AI .
In 2011 , Tencent bought a majority stake in Riot for $ 400 million and in 2015 bought the rest of @ @ @ @ @ @ @ was not disclosed .
Shenzhen-based Tencent , who developed Chinese multi-purpose messaging , social media and mobile payment app WeChat , also holds investment stakes in American video game holding company Activision-Blizzard and video-game franchise “ Gears of War ” creator Epic Games .
8 .
Sheraton Universal Hotel , Marriott Downtown Los Angeles Chinese real estate firm , Shenzhen New World Co. , Ltd. , has purchased the iconic Sheraton Universal Hotel near Universal City ’ s studios and theme park in Los Angeles for $ 60 million in 2011 .
The @ @ @ @ @ @ @ Downtown Los Angeles hotel in March 2010 for $ 90 million with the Chinese firm noting the “ great location ” of the property and expectation that “ the hotel business [ will ] getting better.
” 9 .
Ingram Micro Ingram Micro may not be as familiar to consumers but this distributor of IT products , is just as important .
Or ever bigger .
It distributes Apple iPhones , Cisco network equipment and IBM products , among others .
But Ingram Micro , based in Irvine , California is now owned @ @ @ @ @ @ @ specializing in aviation and logistics .
It was bought out for $ 6 billion in 2016 .
Ingram Micro is No .
64 on the Fortune 500 .
10 .
Motorola Mobility Google sold Motorola Mobility to Chinese computer maker Lenovo in 2014 .
Late on , it was consolidated to its phone business to go by the brand “ Moto.
” The search giant made $ 2.9 billion in the deal , and made Lenovo the world ’ s third-largest smartphone make at that time .
11 .
Terex Corp The Connecticut-based @ @ @ @ @ @ @ for industrial , agricultural and construction purposes , was reportedly bought by China ’ s largest construction machinery enterprise , Zoomlion Heavy Industry Science and Technology Co. , Ltd. for $ 5.4 billion in 2016 .
Continental Aerospace Technologies ( Continental Motors and Teledyne Mattituck Services ) was sold to Chinese-stated owned Aviation Industry Corporation of China ( AVIC ) for $ 186 million .
While the American aircraft engine manufacturer is now owned by the Beijing-based AVIC , who is ranked 159th in the Fortune Global 500 , it remains to be @ @ @ @ @ @ @ , Alabama as part of the deal .
Chinese firms also fully-owns Triple H Coal , GM Global Steering , First International Oil , Friede Goldman United , Woodbine Acquisition , Bank of East Asia ( USA ) .
International Lease Finance Corp , Apptec Laboratory Services , Complete Genomics , Zonare Medical Systems , ASSA Properties , One Chase Manhattan Plaza , A123 Systems , Mochi Media , Quorum Systems , Goss International and the PC business of IBM are also owned by China .
China also has a stake in the @ @ @ @ @ @ @ , VISA , Blackstone , Ford , Chesapeake Energy , and in famous American social news aggregation site Reddit .
Oh , and did I tell you that the most downloaded app in the US in ( October 2018 ) Tiktok is also owned by a Chinese Internet technology company , Beijing ByteDance ?
BBC reported in 2015 that China has an estimated $ 4 trillion of foreign reserves stashed away in various foreign investments .
The US has been the largest recipient of Chinese money back then .
So the next time @ @ @ @ @ @ @ , even in the US , you will already have an idea why .
”

“1. General Electric (GE)
General Electric appliances have been a household name in the US from refrigerators, air conditioning, stoves, washer and dryers since 1962, with special thanks to their “Made in America” logo that makes their products appeal more to Americans.
But, what many may not know, is that while GE appliances are still “Made in American,” the iconic US brand is already Chinese owned. In 2016, GE was bought by the world’s largest appliance company — Haier from China for a whopping $5.4 billion, the largest acquisition of a foreign electronics business in China.
GE Appliances is still headquartered in Louisville, Kentucky, but you know now that its real motherland is now in Qingdao, China.
2. AMC Theatres
America’s biggest movie theater chain is sadly not American anymore. AMC was bought out by Beijing-based Dalian Wanda Group in a $2.6 billion deal in May 2012.
The American cinema operator, who has over 8,200 screens in their 661 cinemas across the US was acquired by Chinese businessman Wang Jianlin, who reportedly has a penchant for Hollywood.
The Chinese conglomerate also bought Georgia-based motion picture exhibitor Carmike Cinemas for $1.2 billion.
Reports said that its chairman, Jianlin, also offered to buy a majority stake in American film studio, Paramount Pictures, but was rejected.
So the next time you visit AMC for a movie, at least you already know.
3. Smithfield Foods
The world’s largest pork producer, Smithfield Foods, was acquired by China’s Shuanghui International in 2013 from American owners for nearly $4.7 billion, making it one of the biggest purchase of an American company by a Chinese firm.
The Virginia-based Smithfield Foods is another icon in American homes for its meat products like its famous bacon and holiday hams. It also owns brands like Farmland, Healthy Ones, Margherita, Curlys and Ekrich.
Now this makes me wonder; with China being the US’ no. 3 export market for pork, and the world’s largest pork producer being a Chinese-owned company, does this mean the $$$ just goes back to them?
In 2017, the US pork industry shipped $1.1 billion worth of pork to China, making it the third largest recipient of US pork.
4. Legendary Entertainment Group
Global entertainment company, Legendary — known for hit movies like “Jurassic World,” “Warcraft,” “Godzilla,” “Pokemon” and “Pacific Rim” is also owned by Chinese company Dalian Wanda, who also owns AMC.
The Beijing-based conglomerate, owned by Forbes 128th richest person in the world, bought the movie studio for $3.5 billion in 2016.
Reports said that initially, parent company Dalian Wanda, wanted to consolidate Legendary into its own conglomerate but is letting the studio operate independently for now.
5. The Waldorf-Astoria
China’s Anbang Insurance Group purchased the well-known Manhattan hotel, Waldorf-Astoria in New York City for $1.95 billion.
The Beijing-based holding company also bought US insurer Fidelity & Guaranty Life and attempted to purchase Starwood Resorts. It lost to American multinational diversified hospitality company Marriott, however.
6. Strategic Hotels & Resorts
Anabang’s interest in American hotels didn’t stop with its purchase of Waldorf, or when it failed to buy Starwoods.
In 2016, Anabang bought Blackstone Group’s luxury hotels chain for $6.5 billion making the Chinese holding company owner of Essex House, Ritz-Carlton hotels in California, the Four Seasons Resort in Jackson Hole, Wyoming and the Fairmont Scottsdale in Arizona.
The American private equity firm sold the Strategic Hotels & Resorts to the Chinese investor for $450 million more.
In early 2018 though, the Chinese government seized control of Anbang Insurance Group as its chairman had been prosecuted to curb mega-spending companies in China to crack down on firms putting China on financial risk.
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So I guess the Chinese government owns these properties in America now?
7. Riot Games
LA-based American game-developer, Riot Games, who created the video game “League of Legends” sold a billion-dollar franchise to Chinese holding company Tencent, who has an interest in various internet-related products, services, entertainment, and AI.
In 2011, Tencent bought a majority stake in Riot for $400 million and in 2015 bought the rest of the company, although the final amount was not disclosed.
Shenzhen-based Tencent, who developed Chinese multi-purpose messaging, social media and mobile payment app WeChat, also holds investment stakes in American video game holding company Activision-Blizzard and video-game franchise “Gears of War” creator Epic Games.
8. Sheraton Universal Hotel, Marriott Downtown Los Angeles
Chinese real estate firm, Shenzhen New World Co., Ltd., has purchased the iconic Sheraton Universal Hotel near Universal City’s studios and theme park in Los Angeles for $60 million in 2011.
The same Shenzhen-based developer also bought the Marriott Downtown Los Angeles hotel in March 2010 for $90 million with the Chinese firm noting the “great location” of the property and expectation that “ the hotel business [will] getting better.”
9. Ingram Micro
Ingram Micro may not be as familiar to consumers but this distributor of IT products, is just as important. Or ever bigger. It distributes Apple iPhones, Cisco network equipment and IBM products, among others.
But Ingram Micro, based in Irvine, California is now owned by China’s HNA Group, specializing in aviation and logistics. It was bought out for $6 billion in 2016.
Ingram Micro is No. 64 on the Fortune 500.
10. Motorola Mobility
Google sold Motorola Mobility to Chinese computer maker Lenovo in 2014. Late on, it was consolidated to its phone business to go by the brand “Moto.”
The search giant made $2.9 billion in the deal, and made Lenovo the world’s third-largest smartphone make at that time.
11. Terex Corp
The Connecticut-based manufacturer of lifting and material handling solutions for industrial, agricultural and construction purposes, was reportedly bought by China’s largest construction machinery enterprise, Zoomlion Heavy Industry Science and Technology Co., Ltd. for $5.4 billion in 2016.
12. Teledyne Continental Motors and Mattituck Services
Continental Aerospace Technologies (Continental Motors and Teledyne Mattituck Services) was sold to Chinese-stated owned Aviation Industry Corporation of China(AVIC) for $186 million.
While the American aircraft engine manufacturer is now owned by the Beijing-based AVIC, who is ranked 159th in the Fortune Global 500, it remains to be located at the Brookley Aeroplex in Mobile, Alabama as part of the deal.
Chinese firms also fully-owns Triple H Coal, GM Global Steering, First International Oil, Friede Goldman United, Woodbine Acquisition, Bank of East Asia (USA).
International Lease Finance Corp, Apptec Laboratory Services, Complete Genomics, Zonare Medical Systems, ASSA Properties, One Chase Manhattan Plaza, A123 Systems, Mochi Media, Quorum Systems, Goss International and the PC business of IBM are also owned by China.
China also has a stake in the ff. American companies:
Morgan Stanley, VISA, Blackstone, Ford, Chesapeake Energy, and in famous American social news aggregation site Reddit.
Oh, and did I tell you that the most downloaded app in the US in (October 2018) Tiktok is also owned by a Chinese Internet technology company, Beijing ByteDance?
BBC reported in 2015 that China has an estimated $4 trillion of foreign reserves stashed away in various foreign investments. The US has been the largest recipient of Chinese money back then.
So the next time you wonder why China has such influence, even in the US, you will already have an idea why.”
www.federationofcredit.com/news/480033/These-American-companies-are-now-owned-by-China.htm
SS


investmentwatchblog--2020-05-28--Is Hong Kong really over as a financial centre?

Today I thought I would take a slightly different tack and look at a potential shift in world financial markets .
It concerns a place that for many years has had an economic party based on “ location , location , location ” as Hong Kong has been a sort of add-on to China .
We have previously looked at the economic consequences of the unrest there and now the ante is being upped by China .
This poses the question can it survive as one of the world ’ s major financial centres ?
Also I do not know @ @ @ @ @ @ @ and the 1 was courageous .
If we switch to Hong Kong itself there is plainly trouble ahead .
If we look wider there is of course The Donald to consider .
So quite a bit of realpolitik and this adds to the Trade Wars issue .
Not exactly what you want when you are a hub for financial trade .
That is quite damning for Hong Kong ’ s future on its own .
So many things have rolled out of this and I remember Rolex watches being bought as collateral and @ @ @ @ @ @ @ the Bitcoin purchases .
So there are more questions than answers before we even leave China .
There is of course a Trump Tweet for this now the market is rallying .
They are of course a bit thinner on the ground in declines but there is an issue here if we switch to the Hang Seng Index .
This is from rthk on the 22nd of this month .
Although it slipped a little today it has not done much overall since then as it closed at 23,132 .
That is a @ @ @ @ @ @ @ have rallied .
If we move on from the cheerleading of The Donald I note that the Nikkei 225 has over the past week gone from below the Hang Seng at circa 20500 to above it at this morning ’ s 21,916 .
Let me briefly hand you over to the Hong Kong Monetary Authority .
Oh dear “ resilient ” looks like being as applicable as it is to the banks !
Anyway we have a currency peg in action which seems to be news to some .
That means they follow @ @ @ @ @ @ @ a bit more than 0.5 % a year .
Actually it has been edging higher and is now 1.11 % so maybe a little heat is on .
In terms of any response to pressure the HKMA would intervene first and at 3.6 trillion Hong Kong Dollars worth it has quite a war chest .
Trouble is reserves never seem to be quite enough however large and in a panic interest-rate rises do not achieve much either .
Well apart from applying a brake in the economy .
It could use the liquidity @ @ @ @ @ @ @ to get US Dollars and sell them but the lifespan of that would presumably be until The Donald spotted it .
Moving onto the Yuan and its offshore variant there has been a lot of talk about it but it has been remarkably stable considering the times ( that is a translation of the Chinese ave obviously been intervening ) and is at 7.15 versus the US Dollar .
This was in a bad way and things have got worse .
In case any central bankers are reading here is their priority .
@ @ @ @ @ @ @ note this from the HKMA .
2.55 % , 2.65 % and 2.75 % respectively in case you were wondering .
The situation is a bit like a dam which invariably looks perfectly secure until it bursts .
Indeed there are some bouncing bombs in play .
Financial markets are more likely to be troubled by this from Secretary Pompeo .
This is the real question will they be able to operate freely ?
Next comes the issue of where will the business go ?
This begs lots of question as I have @ @ @ @ @ @ @ at Hong Kong itself the currency peg looks vulnerable in spite of the large foreign exchange reserves .
It so often turns out that Newt from the film Aliens was right .
The real ray of hope is that the Chinese may adapt their bill which lacks detail .
As to the housing market is this how Nine Elms ( confession my part of London ) finds some new buyers ?

by Shaun Richards
Today I thought I would take a slightly different tack and look at a potential shift in world financial markets. It concerns a place that for many years has had an economic party based on “location, location, location” as Hong Kong has been a sort of add-on to China. We have previously looked at the economic consequences of the unrest there and now the ante is being upped by China. This poses the question can it survive as one of the world’s major financial centres?
BEIJING (Reuters) – China’s parliament on Thursday overwhelmingly approved directly imposing national security legislation on Hong Kong to tackle secession, subversion, terrorism and foreign interference in a city roiled last year by months of anti-government protests.
Also I do not know about you but the 6 were brave and the 1 was courageous.
The National People’s Congress voted 2,878 to 1 in favour of the decision to empower its standing committee to draft the legislation, with six abstentions. The legislators gathered in the Great Hall of the People burst into sustained applause when the vote tally was projected onto screens.
If we switch to Hong Kong itself there is plainly trouble ahead.
Earlier on Thursday, angry exchanges in the city’s assembly, the Legislative Council, during debate on the anthem bill saw some lawmakers removed in chaotic scenes and the session adjourned.
If we look wider there is of course The Donald to consider.
WASHINGTON (Reuters) – U.S. President Donald Trump said on Tuesday the United States was working on a strong response to China’s planned national security legislation for Hong Kong and it would be announced before the end of the week.
So quite a bit of realpolitik and this adds to the Trade Wars issue. Not exactly what you want when you are a hub for financial trade.
Rich Chinese are expected to park fewer funds in Hong Kong on worries that the security law could allow mainland authorities to seize their wealth, bankers and other industry sources said.
That is quite damning for Hong Kong’s future on its own. So many things have rolled out of this and I remember Rolex watches being bought as collateral and then sold as well as if course the Bitcoin purchases. So there are more questions than answers before we even leave China.
The Equity Market
There is of course a Trump Tweet for this now the market is rallying.
Stock Market up BIG, DOW crosses 25,000. S&P 500 over 3000. States should open up ASAP. The Transition to Greatness has started, ahead of schedule. There will be ups and downs, but next year will be one of the best ever!
They are of course a bit thinner on the ground in declines but there is an issue here if we switch to the Hang Seng Index. This is from rthk on the 22nd of this month.
Hong Kong stocks dropped 5 percent in the noon session after Beijing said it plans to push through a national security law for the city, adding to tensions with the US and fuelling fears of fresh civil unrest. The Hang Seng Index sank 5 percent, or 1,204 points, to 23,075, midway into the second session.
Although it slipped a little today it has not done much overall since then as it closed at 23,132. That is a relative loss at a time other markets have rallied. If we move on from the cheerleading of The Donald I note that the Nikkei 225 has over the past week gone from below the Hang Seng at circa 20500 to above it at this morning’s 21,916.
Exchange-Rates
Let me briefly hand you over to the Hong Kong Monetary Authority.
The Linked Exchange Rate System (LERS) has been implemented in Hong Kong since 17 October 1983. Through a rigorous, robust and transparent Currency Board system, the LERS ensures that the Hong Kong dollar exchange rate remains stable within a band of HK$7.75-7.85 to one US dollar. The LERS is the cornerstone of Hong Kong’s monetary and financial stability. It has weathered many economic cycles and has proved highly resilient in the face of regional and global financial crises over the years.
Oh dear “resilient” looks like being as applicable as it is to the banks! Anyway we have a currency peg in action which seems to be news to some. That means they follow US interest-rates too athough you can pick-up a bit more than 0.5% a year.
The Federal Open Market Committee of the US Fed announced last night to adjust downward the target range for the US federal funds rate by 100 basis points to 0-0.25%. In light of the Fed’s decision, the Hong Kong Monetary Authority (HKMA) also adjusted downward the Base Rate today. The Base Rate is set at 0.86% today according to a pre-set formula ( 16th of March)
Actually it has been edging higher and is now 1.11% so maybe a little heat is on.
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In terms of any response to pressure the HKMA would intervene first and at 3.6 trillion Hong Kong Dollars worth it has quite a war chest. Trouble is reserves never seem to be quite enough however large and in a panic interest-rate rises do not achieve much either. Well apart from applying a brake in the economy.
It could use the liquidity swaps system of the US Federal Reserve to get US Dollars and sell them but the lifespan of that would presumably be until The Donald spotted it.
Moving onto the Yuan and its offshore variant there has been a lot of talk about it but it has been remarkably stable considering the times ( that is a translation of the Chinese ave obviously been intervening) and is at 7.15 versus the US Dollar.
The Economy
This was in a bad way and things have got worse.
Hong Kong’s coronavirus-ravaged economy has suffered its worst decline on record, shrinking 8.9 per cent year on year in the first quarter and sparking an appeal from the city’s finance chief for unity to face the grim months ahead…….Hong Kong’s coronavirus-ravaged economy has suffered its worst decline on record, shrinking 8.9 per cent year on year in the first quarter and sparking an appeal from the city’s finance chief for unity to face the grim months ahead. ( South China Morning Post )
In case any central bankers are reading here is their priority.
Hong Kong SAR (China)’s Real Residential Property Price Index was reported at 189.610 2010=100 in Sep 2019. This records a decrease from the previous number of 194.800 2010=100 for Jun 2019 ( CEIC)
It will be lower now as I note this from the HKMA.
The Hong Kong Mortgage Corporation Limited (HKMC) announces that, the pilot scheme for fixed-rate mortgages will start receiving applications from 7 May (Thursday). In response to the change in market interest rates, mortgage interest rates under the pilot scheme are lowered, as compared to the levels previously announced in the 2020-21 Budget (Budget). The interest rates per annum for 10, 15 and 20 years of the Fixed-Rate Mortgage Pilot Scheme are as follows:
2.55%, 2.65% and 2.75% respectively in case you were wondering.
Comment
The situation is a bit like a dam which invariably looks perfectly secure until it bursts. Indeed there are some bouncing bombs in play.
TRUMP ADMN TO EXPEL CHINESE STUDENTS WITH TIES TO MILITARY SCHOOLS: NYT ( @FirstSquawk )
Financial markets are more likely to be troubled by this from Secretary Pompeo.
Today, I reported to Congress that Hong Kong is no longer autonomous from China, given facts on the ground. The United States stands with the people of Hong Kong.
This is the real question will they be able to operate freely? Next comes the issue of where will the business go? This begs lots of question as I have a friend who works there.
Looking at Hong Kong itself the currency peg looks vulnerable in spite of the large foreign exchange reserves. It so often turns out that Newt from the film Aliens was right.
It wont make any difference
The real ray of hope is that the Chinese may adapt their bill which lacks detail.
Harmful elements in the air
Symbols clashing everywhere
Reaps the fields of rice and reeds
While the population feeds
Junk floats on polluted water
An old custom to sell your daughter
Would you like number twenty three?
Leave your yens on the counter please Ho-oh, ho-oh-oh-oh
Hong Kong Garden Ho-oh, ho-oh-oh-oh
Hong Kong Garden ( Siouxsie and the Banshees )
As to the housing market is this how Nine Elms ( confession my part of London) finds some new buyers?


investmentwatchblog--2020-05-28--Russia Ready To Boost Production As Soon As OPEC+ Deal Ends

Russia ’ s government approved on Tuesday a plan to have new oil wells drilled this year and next for 2022 production , the office of First Deputy Prime Minister Andrey Belousov said in a statement .
A Russian government commission backs the proposals of the energy and finance ministries to create a ‘ fund of uncompleted wells ’ with the oil firms with the purpose of supporting the oilfield services sector , the Russian government said .
The global oil demand drop and the subsequent decision to curtail production is reducing orders for the oil services sector in Russia @ @ @ @ @ @ @ , the government commission said .
Under the new plan , oil producers in Russia , with the help of banks , will hire oilfield services companies to drill new oil wells in 2020 and 2021 .
Those new wells , however , will only begin pumping oil after Aril 2022 , when the current OPEC+ deal expires .
The OPEC+ group pledged in April production restrictions of 9.7 million bpd in May and June , before easing the cuts to 7.7 million bpd for July through December , and then further to @ @ @ @ @ @ @ April 2022 .
As part of the agreement , Russia pledged to cut its production to 8.5 million bpd in May and June from a February 2020 baseline , or by around 2 million bpd , or by 19 percent , from February 2020 , Russian Energy Minister Alexander Novak told Interfax in an interview last month .
According to reports from last week , Russia is almost complying with its share of the cuts , with its crude oil production averaging 8.72 million bpd in the first three weeks of May , @ @ @ @ @ @ @ close to the 8.5-million-bpd quota , especially considering Russia ’ s far-from-perfect track record in complying with the cuts .

By Tsvetana Paraskova
Russia’s government approved on Tuesday a plan to have new oil wells drilled this year and next for 2022 production, the office of First Deputy Prime Minister Andrey Belousov said in a statement.
A Russian government commission backs the proposals of the energy and finance ministries to create a ‘fund of uncompleted wells’ with the oil firms with the purpose of supporting the oilfield services sector, the Russian government said.
The global oil demand drop and the subsequent decision to curtail production is reducing orders for the oil services sector in Russia, which employs more than 300,000 people, the government commission said. Under the new plan, oil producers in Russia, with the help of banks, will hire oilfield services companies to drill new oil wells in 2020 and 2021. Those new wells, however, will only begin pumping oil after Aril 2022, when the current OPEC+ deal expires.
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The OPEC+ group pledged in April production restrictions of 9.7 million bpd in May and June, before easing the cuts to 7.7 million bpd for July through December, and then further to 5.8 million bpd until the end of April 2022.
As part of the agreement, Russia pledged to cut its production to 8.5 million bpd in May and June from a February 2020 baseline, or by around 2 million bpd, or by 19 percent, from February 2020, Russian Energy Minister Alexander Novak told Interfax in an interview last month.
According to reports from last week, Russia is almost complying with its share of the cuts, with its crude oil production averaging 8.72 million bpd in the first three weeks of May, as per Reuters estimates. This is close to the 8.5-million-bpd quota, especially considering Russia’s far-from-perfect track record in complying with the cuts.
By Tsvetana Paraskova for Oilprice.com


investmentwatchblog--2020-05-28--Joe “rip it” Biden shat his pants on live TV. He’s OK as he was wearing depends.

Thank goodness for adult diapers Joe “ rip it ” Biden shat his pants .
He ’ s OK as @ @ @ @ @

Thank goodness for adult diapers
Joe “rip it” Biden shat his pants. He’s OK as he was wearing depends.
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h/t QuantumLove


investmentwatchblog--2020-05-28--Tucker Carlson SHOCKS, calls for primarying corporate Republicans

Krystal and Saagar discuss Tucker Carlson ’ s call to defeat nine GOP Senators who demand foreign labor amid jobs @ @

Krystal and Saagar discuss Tucker Carlson’s call to defeat nine GOP Senators who demand foreign labor amid jobs crisis.
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investmentwatchblog--2020-05-28--China removes phrase ‘peaceful reunification’ from Taiwan document

Beijing has removed two keys words from an annual government report .
And it could spell trouble for tens of @ @ @ @ @ has removed references to “ peaceful reunification ” with Taiwan from its annual work report @ @ @ @ @ take a stronger stance against the island territory .
The past six work reports since @ @ @ @ @ in 2013 have signalled that any attempt to reunify Taiwan and China would be “ @ @

Beijing has removed two keys words from an annual government report. And it could spell trouble for tens of millions of citizens.
Beijing has removed references to “peaceful reunification” with Taiwan from its annual work report, signalling the country will take a stronger stance against the island territory.
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The past six work reports since President Xi Jinping took power in 2013 have signalled that any attempt to reunify Taiwan and China would be “peaceful”
www.news.com.au/technology/innovation/military/this-sends-a-clear-signal-china-removes-phrase-peaceful-reunification-from-taiwan-document/news-story/b8c13ffa38b17eb2579f2f88691a6b94


investmentwatchblog--2020-05-28--Thousands of Chinese troops have entered India. All out combat feared.

Indian media says thousands of Chinese troops are believed to be inside the Indian territory along the de facto border @ @ @ @ @ a scuffle broke out between Indian and Chinese troops at the Pangong Tso lake , @ @ @ @ @ metres ) above the sea level in the Himalayan region of Ladakh .
A video @ @ @ @ @ and shared on social media showed soldiers from both nations engaged in fistfights and stone-pelting @ @ @ @ @ , known as Line of Actual Control ( LAC ) .
The incident , which @ @ @ @ @ , resulted in 11 soldiers being injured on both sides .

Indian media says thousands of Chinese troops are believed to be inside the Indian territory along the de facto border.
On May 5, a scuffle broke out between Indian and Chinese troops at the Pangong Tso lake, located 14,000 feet (4,270 metres) above the sea level in the Himalayan region of Ladakh.
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A video shot by an Indian soldier and shared on social media showed soldiers from both nations engaged in fistfights and stone-pelting at the de facto border, known as Line of Actual Control (LAC). The incident, which continued until the next day, resulted in 11 soldiers being injured on both sides.
www.aljazeera.com/news/2020/05/tense-india-china-standoff-himalayan-border-escalate-200527120501581.html


investmentwatchblog--2020-05-28--@PressSec spars with CNN’s Jim Acosta over fact checking: “There is no one that should be fact check

DOES ANYBODY STILL BELIEVE IT IS ?
It ’ s Time To Stop Pretending Twitter Is a Neutral Platform .
Related : “ There are literally hundreds of millions of tweets far ‘ worse ’ than Donald Trump ’ s that go up every day and they won ’ t be able to police them all .
And that opens them up to a full range of possible legal problems .
Twitter could have stayed on the sideline and avoided this trap .
If they really think that the President ’ s tweets are so misleading or terrible , they @ @ @ @ @ @ @ decision and essentially leave Trump free to hoist himself on his own petard .
But now that they ’ ve put on their editor ’ s hat , a new game is afoot .
And I doubt they ’ re going to enjoy it.
” More : Twitter Exec In Charge of Fact-Checking Once Called Trump and His Team ‘ Actual Nazis.
’ Social Media ’ s day of reckoning is here .
They can either continue to censor and be liable for lawsuits as a publisher , or allow free speech .
@ @ @ @ @ @ @ FCC Communications act for decades .
Being able to avoid lawsuits , and censor to their hearts desire .
As they have hired more extreme ‘ fact checkers ’ things have become very ugly .
That is an objective , factual claim .
Not an opinion .
It is also totally false .
There is a Republican operative from North Carolina who is in jail for voter fraud with mail-in ballots .
There is a lot of other evidence from other sources , as well : A 2012 report in The New York @ @ @ @ @ @ @ ballots “ is vastly more prevalent than the in-person voting fraud that has attracted far more attention , election administrators say .
In Florida , absentee-ballot scandals seem to arrive like clockwork around election time.
” According to a Wall Street Journal report on voter exploitation in Hispanic communities in Texas , mail-in ballots have “ spawned a mini-industry of consultants who get out the absentee vote , sometimes using questionable techniques.
” Poor , elderly , and minority communities are most likely to be preyed upon by so-called ballot “ brokers.
” @ @ @ @ @ @ @ serious enough that a 2008 report produced by the CalTech/MIT Voting Technology Project recommended that states “ restrict or abolish on-demand absentee voting in favor of in-person early voting.
” “ The convenience that on-demand absentees produces is bought at a significant cost to the real and perceived integrity of the voting process , ” the report added .
“ On the face of it , early voting can provide nearly equal convenience with significantly greater controls against fraud and coercion.
” Similarly , another academic study done in 2008 from Reed College @ @ @ @ @ @ @ and conceded there is a “ great deal of literature on turnout ” but when it comes to mail-in ballots there is “ a dearth of research on campaign effects , election costs , ballot quality , and the risk of fraud .
”

Watch: @PressSec spars with CNN’s Jim Acosta over fact checking: “There is no one that should be fact checked more than the mainstream media that has been continually wrong about a number of things.” pic.twitter.com/SDL6heeJ3c — TV News HQ (@TVNewsHQ) May 28, 2020
.@PressSec Slams Twitter for their repeated bias against Conservatives including allowing Verified users to incite violence against the Covington Catholic students and only giving them a slap on the wrist. pic.twitter.com/Aswn8FBmzr — Benny (@bennyjohnson) May 28, 2020
There is ONE twitter. There is ONE facebook. There is ONE youtube. There is ONE google. And they are ALL monopolies in their domains that censor and ban conservative political speech. — thebradfordfile™ (@thebradfordfile) May 28, 2020
DOES ANYBODY STILL BELIEVE IT IS? It’s Time To Stop Pretending Twitter Is a Neutral Platform.
Related: “There are literally hundreds of millions of tweets far ‘worse’ than Donald Trump’s that go up every day and they won’t be able to police them all. And that opens them up to a full range of possible legal problems. Twitter could have stayed on the sideline and avoided this trap. If they really think that the President’s tweets are so misleading or terrible, they could have let the community make that decision and essentially leave Trump free to hoist himself on his own petard. But now that they’ve put on their editor’s hat, a new game is afoot. And I doubt they’re going to enjoy it.”
More: Twitter Exec In Charge of Fact-Checking Once Called Trump and His Team ‘Actual Nazis.’
Social Media’s day of reckoning is here. They can either continue to censor and be liable for lawsuits as a publisher, or allow free speech.
Social media has enjoyed protection under the FCC Communications act for decades. Being able to avoid lawsuits, and censor to their hearts desire. As they have hired more extreme ‘fact checkers’ things have become very ugly.
We are primarily funded by readers. Please subscribe and donate to support us!
twitter.com/i/events/1265330601034256384
Twitter claims
Trump claimed that mail-in ballots would lead to “a Rigged Election.” However, fact-checkers say there is no evidence that mail-in ballots are linked to voter fraud.
That is an objective, factual claim. Not an opinion. It is also totally false. There is a Republican operative from North Carolina who is in jail for voter fraud with mail-in ballots.
There is a lot of other evidence from other sources, as well:
A 2012 report in The New York Times noted that voter fraud involving mail-in ballots “is vastly more prevalent than the in-person voting fraud that has attracted far more attention, election administrators say. In Florida, absentee-ballot scandals seem to arrive like clockwork around election time.” According to a Wall Street Journal report on voter exploitation in Hispanic communities in Texas, mail-in ballots have “spawned a mini-industry of consultants who get out the absentee vote, sometimes using questionable techniques.” Poor, elderly, and minority communities are most likely to be preyed upon by so-called ballot “brokers.” Concerns about fraud in mail-in ballots were serious enough that a 2008 report produced by the CalTech/MIT Voting Technology Project recommended that states “restrict or abolish on-demand absentee voting in favor of in-person early voting.” “The convenience that on-demand absentees produces is bought at a significant cost to the real and perceived integrity of the voting process,” the report added. “On the face of it, early voting can provide nearly equal convenience with significantly greater controls against fraud and coercion.” Similarly, another academic study done in 2008 from Reed College flagged various concerns related to absentee voting and conceded there is a “great deal of literature on turnout” but when it comes to mail-in ballots there is “a dearth of research on campaign effects, election costs, ballot quality, and the risk of fraud.”
TD


investmentwatchblog--2020-05-28--Doug Casey on Whether You Should “Buy the Dip”

International Man : The government ’ s reaction to the global pandemic has led to an unprecedented economic , political , and social decline .
Can you talk about the financial risks you see unfolding in the months ahead ?
Are we headed for a debt crisis ?
Doug Casey : It ’ s not just a crisis .
It ’ s a depression , and it ’ s just starting .
This is only the first out in a nine-inning ball game .
It promises to be terrifying before it ’ s over .
Recall that it was close @ @ @ @ @ @ @ stock market rolled over in 1929 to its bottom in 1933 .
And the stock market bubble of the 20s was much smaller than today ’ s .
The amount of debt was vastly less .
The amount of regulation vastly less .
The level of State involvement in the economy vastly less .
The US economy itself was much more self-contained .
The currency was much sounder than today ’ s—although currency inflation was the cause of the bubble and the main cause of the last depression .
There are scores of @ @ @ @ @ @ @ break .
All of them are much more serious than those of the 20s .
The economic distress we ’ ll see in the next few years will be much more serious than that of the 30s .
The virus was hyped into a Great Hysteria that acted as the pin to break the huge bubbles in the financial markets .
It was inevitable that there would be a pin of some kind .
We ’ re now facing the Greater Depression .
We are , as we speak , entering the trailing @ @ @ @ @ @ @ in 2008 .
But it is more serious now , and increasing distortions have been cranked into the economy for generations .
Unfortunately , the depression likely won ’ t be blamed on governments and central banks ’ stupid policies such as inflation , taxation , and regulation .
Rather , they ’ ll blame the Greater Depression on this rather trivial virus .
The problems we have now aren ’ t caused by the flu , but the insane lockdown of the world , the Great Hysteria .
It ’ s bad @ @ @ @ @ @ @ media are using the virus as an excuse to do the same kinds of things that made the depression of 1929–1946 much worse and longer-lasting than was necessary .
Tariffs , protective quotas , and embargoes are bad enough .
But the collapse in world trade—which is a much bigger factor now than it was then—will have the same effect as the infamous Smoot-Hawley tariffs .
Taxes skyrocketed in the 30s because the government needed money for its vast new programs .
Taxes will certainly go up now , especially at the state @ @ @ @ @ @ @ ’ t print money .
The Federal government also “ needs ” more money than ever to do things that shouldn ’ t be done .
They ’ ll get it by printing money—the Fed buying their debt—which is actually far more damaging than direct taxation .
We ’ ll see many more rules imposed than was the case in the 30s .
All of them will increase the costs of doing business .
Products will be much less affordable .
The profits of most businesses will collapse .
So far , almost @ @ @ @ @ @ @ .
That number is going to go up for some time despite much of the lockdown ending .
As people are kept from working , the real amount of wealth in the world decreases .
Even people who can still work will find there is less demand for their products .
Nobody escapes in a depression .
As Richard Russell used to say , “ In a depression nobody wins .
The winner is just the person who loses the least.
” One thing that ’ s certain is that the public ’ @ @ @ @ @ @ @ will go up .
Most of the 40 million unemployed—there are actually lots more , counting gig workers and those in the “ black ” economy—will max out their credit cards at 20 % plus interest .
Americans tend to think the whole world is just within our borders , but we must remember that we ’ re only 4 % of the world ’ s population .
The hysteria from this largely phony global pandemic is worldwide .
It includes much poorer countries with much less capital saved than we do—even though @ @ @ @ @ @ @ has less than $ 500 for emergencies .
In India , for instance , there are tens of millions of migrant workers trapped hundreds of miles from their homes , with almost zero money .
Will they starve ?
Maybe .
Government policies and media hysteria are turning the average American into a Zimbabwean .
Zim probably has 50–60 % true unemployment .
It wouldn ’ t matter how many cars and refrigerators and air conditioners we might send to Zimbabwe , for they couldn ’ t afford to buy them .
Many @ @ @ @ @ @ @ are probably gone for good .
They won ’ t be consuming as much because they ’ re not producing as much—or maybe anything .
Again , the first-order effects—health risks from the virus itself—have turned out to be trivial .
The second-order effects of the Great Hysteria regarding the economy are extremely serious .
But the third-order effects , which is to say the government ’ s response to the first and second-order effects , are going to be more serious yet again and much longer-lasting .
The biggest is the trillions @ @ @ @ @ @ @ , cementing old distortions into the economy , making them bigger , and creating new ones .
What are some examples ?
Many people now feel they shouldn ’ t pay their rent or mortgage .
Many want the Federal $ 600 weekly unemployment benefit to continue until a guaranteed annual income is put in place .
Worst of all , it ’ s getting Americans used to doing as they ’ re told and living in a police state .
International Man : Do you think the Federal Reserve will be able @ @ @ @ @ @ @ another 10-year bull market like it did last time ?
Doug Casey : No .
The Fed is inculcating bad habits in corporations , workers , and society as a whole .
An artificially high stock market gives everyone false signals .
It makes things worse by encouraging everybody to keep living above their means .
They ’ re giving people a sense of false security—making them think the authorities can solve all the problems that they created by doing more of exactly the same things .
It ’ s foolish to count @ @ @ @ @ @ @ of government to solve the problem .
They caused the problem .
Where ’ s all that money that the Fed is creating going ?
Most is going to the financial markets .
The money is propping up unsustainable patterns of production and consumption .
This has nothing to do with creating real wealth—the Fed is just trying to maintain a bubble economy and blow it bigger .
The government wants to avoid a 1930s-style deflationary depression at all costs , but we are likely going to get a vastly worse 1920s-German-style hyperinflation @ @ @ @ @ @ @ created a dead cat bounce in the stock markets in April and May .
And suckers are buying when , instead , they should be selling .
It has been said that millions of newbies are opening brokerage accounts with the PPP ( Paycheck Protection Program ) money .
They ’ re bullish and buying call options .
When this thing unwinds in earnest , there will likely be deflation in a number of areas , not just the stock market , with some prices dropping catastrophically .
For instance , this will @ @ @ @ @ @ @ two biggest consumer durables .
Forget about new car sales ; even used car prices are going to collapse .
The bankruptcy of Hertz and the liquidation of much of its fleet is just a straw in the wind—lots of individuals are going to get their cars repopped .
Few own a vehicle for cash anymore .
Will people be put out of their houses ?
Yes , unless Washington pays their mortgages or rent and their utilities .
There recently was an article in Barron ’ s , of all places , @ @ @ @ @ @ @ advising exactly that .
There ’ s going to be deflation in housing and autos .
But there will also be much higher retail food prices , even while farmers are squeezed , and higher prices on anything imported too .
The one thing that you can absolutely plan on is a significantly lower standard of living .
That , you ’ ll recall , is the first and most important definition of a depression .
We ’ ve had an artificially high standard of living for years for two big reasons .
@ @ @ @ @ @ @ debt—which is essentially mortgaging the future—as well as consuming the capital that lenders have saved over generations .
Second , we ’ ve been able to export US dollars at zero cost and get imports in exchange for that paper currency .
That ’ s going to stop in the years to come .
International Man : The coronavirus popped the Everything Bubble , the largest financial bubble in all of human history .
The Greater Depression seems just to be getting underway .
But even with the sell-off earlier this year , @ @ @ @ @ @ @ What do you say to those people and those who are looking to “ buy the dip ?
” What do you think the impact will be on the stock market ?
Doug Casey : Most people don ’ t understand anything about economics .
Most of what they ’ re taught in school today is actually rubbish .
Few “ economists ” employed by the government or the Fed understand anything about economics .
They ’ re all Keynesians .
There ’ s no telling how high a tree is going grow @ @ @ @ @ @ @ could go to 50,000 with all the dollars being created .
But I have no interest in stocks .
In fact , I ’ m thinking of buying distant puts .
When earnings collapse—which they will—stock prices will follow them .
Since World War II , people have gotten into the habit of buying the dips .
It ’ s become a Pavlovian response .
Especially over the last 10 years , the average person has been trained to think that stocks always go up .
But the wonderful times we ’ ve @ @ @ @ @ @ @ ’ re in a new era , and it ’ s going to be a lot less fun .
The public thinks that the Fed is their friend and “ has their back.
” Certainly , Trump thinks that .
If they have any spare cash , they ’ ll put it into the market .
High stock prices equal prosperity in Trump ’ s mind .
But he ’ s confusing correlation with causation .
Prosperity eventually causes high stock prices—not vice-versa .
The reverse is true with low stock prices .
@ @ @ @ @ @ @ out of the general market today .
But , having said that , now that we live in Bizarro World , we could have very high stock prices for a while , even as the standard of living goes down significantly .
This is actually quite a unique situation for a developed country .
It ’ s the type of thing that happens in third-world countries , where the stock market goes up even while the society is collapsing .
Why ?
Because they don ’ t want to hold currency .
Where @ @ @ @ @ @ @ money ?
At least stocks represent real wealth of some type .
I have no interest in playing the scam .
It ’ s a casino .
Most stocks now are not just hot potatoes ; they ’ re live hand grenades .
Now is the time to be in gold and gold stocks .
This is a rare opportunity .
This is going to be the next bub Editor ’ s Note : The ripple effects of the government lockdown are only stating to take shape .
That ’ s not to @ @ @ @ @ @ @ that is being pumped into every corner of the economy by the Federal Reserve .
The more turmoil… the more volatility… the more FEAR in the markets… The better for gold .
And gold has plenty more room to run… It delivers protection AND profits .
That ’ s exactly why New York Times best-selling author Doug Casey just released an urgent new PDF titled Guide to Surviving and Thriving During an Economic Collapse .
It explains what ’ s to come and exactly what you should do to protect yourself .
Click @ @ @ @ @ @

Via International Man
International Man: The government’s reaction to the global pandemic has led to an unprecedented economic, political, and social decline.
Can you talk about the financial risks you see unfolding in the months ahead? Are we headed for a debt crisis?
Doug Casey: It’s not just a crisis. It’s a depression, and it’s just starting. This is only the first out in a nine-inning ball game. It promises to be terrifying before it’s over.
Recall that it was close to four years from the time the stock market rolled over in 1929 to its bottom in 1933. And the stock market bubble of the 20s was much smaller than today’s. The amount of debt was vastly less. The amount of regulation vastly less. The level of State involvement in the economy vastly less. The US economy itself was much more self-contained. The currency was much sounder than today’s—although currency inflation was the cause of the bubble and the main cause of the last depression.
There are scores of reasons why the current bubble had to break. All of them are much more serious than those of the 20s. The economic distress we’ll see in the next few years will be much more serious than that of the 30s.
I hope I’m wrong. I far prefer good times to hard times.
The virus was hyped into a Great Hysteria that acted as the pin to break the huge bubbles in the financial markets. It was inevitable that there would be a pin of some kind.
We’re now facing the Greater Depression. We are, as we speak, entering the trailing edge of the financial hurricane we entered in 2008. But it is more serious now, and increasing distortions have been cranked into the economy for generations. Unfortunately, the depression likely won’t be blamed on governments and central banks’ stupid policies such as inflation, taxation, and regulation. Rather, they’ll blame the Greater Depression on this rather trivial virus.
The problems we have now aren’t caused by the flu, but the insane lockdown of the world, the Great Hysteria. It’s bad news all around. Governments and the media are using the virus as an excuse to do the same kinds of things that made the depression of 1929–1946 much worse and longer-lasting than was necessary. Tariffs, protective quotas, and embargoes are bad enough. But the collapse in world trade—which is a much bigger factor now than it was then—will have the same effect as the infamous Smoot-Hawley tariffs.
Taxes skyrocketed in the 30s because the government needed money for its vast new programs. Taxes will certainly go up now, especially at the state and local levels, because they can’t print money. The Federal government also “needs” more money than ever to do things that shouldn’t be done. They’ll get it by printing money—the Fed buying their debt—which is actually far more damaging than direct taxation.
We’ll see many more rules imposed than was the case in the 30s. All of them will increase the costs of doing business. Products will be much less affordable. The profits of most businesses will collapse.
So far, almost 40 million Americans have filed for unemployment. That number is going to go up for some time despite much of the lockdown ending.
As people are kept from working, the real amount of wealth in the world decreases. Even people who can still work will find there is less demand for their products. Nobody escapes in a depression. As Richard Russell used to say, “In a depression nobody wins. The winner is just the person who loses the least.”
One thing that’s certain is that the public’s debt will not only remain but will go up. Most of the 40 million unemployed—there are actually lots more, counting gig workers and those in the “black” economy—will max out their credit cards at 20% plus interest.
Americans tend to think the whole world is just within our borders, but we must remember that we’re only 4% of the world’s population. The hysteria from this largely phony global pandemic is worldwide. It includes much poorer countries with much less capital saved than we do—even though it’s said the average American has less than $500 for emergencies.
In India, for instance, there are tens of millions of migrant workers trapped hundreds of miles from their homes, with almost zero money. Will they starve? Maybe.
Government policies and media hysteria are turning the average American into a Zimbabwean. Zim probably has 50–60% true unemployment. It wouldn’t matter how many cars and refrigerators and air conditioners we might send to Zimbabwe, for they couldn’t afford to buy them. Many unemployed Americans will find that their jobs are probably gone for good. They won’t be consuming as much because they’re not producing as much—or maybe anything.
Again, the first-order effects—health risks from the virus itself—have turned out to be trivial.
The second-order effects of the Great Hysteria regarding the economy are extremely serious.
But the third-order effects, which is to say the government’s response to the first and second-order effects, are going to be more serious yet again and much longer-lasting. The biggest is the trillions of dollars that they’re printing, cementing old distortions into the economy, making them bigger, and creating new ones. What are some examples? Many people now feel they shouldn’t pay their rent or mortgage. Many want the Federal $600 weekly unemployment benefit to continue until a guaranteed annual income is put in place.
Worst of all, it’s getting Americans used to doing as they’re told and living in a police state.
International Man: Do you think the Federal Reserve will be able to paper over this crisis and create another 10-year bull market like it did last time?
Doug Casey: No. The Fed is inculcating bad habits in corporations, workers, and society as a whole. An artificially high stock market gives everyone false signals. It makes things worse by encouraging everybody to keep living above their means.
They’re giving people a sense of false security—making them think the authorities can solve all the problems that they created by doing more of exactly the same things. It’s foolish to count on either the Fed or any level of government to solve the problem. They caused the problem.
Where’s all that money that the Fed is creating going?
Most is going to the financial markets. The money is propping up unsustainable patterns of production and consumption. This has nothing to do with creating real wealth—the Fed is just trying to maintain a bubble economy and blow it bigger.
We are primarily funded by readers. Please subscribe and donate to support us!
The government wants to avoid a 1930s-style deflationary depression at all costs, but we are likely going to get a vastly worse 1920s-German-style hyperinflation in the process. It’s created a dead cat bounce in the stock markets in April and May. And suckers are buying when, instead, they should be selling. It has been said that millions of newbies are opening brokerage accounts with the PPP (Paycheck Protection Program) money. They’re bullish and buying call options.
When this thing unwinds in earnest, there will likely be deflation in a number of areas, not just the stock market, with some prices dropping catastrophically.
For instance, this will be the case in housing and autos—the two biggest consumer durables. Forget about new car sales; even used car prices are going to collapse. The bankruptcy of Hertz and the liquidation of much of its fleet is just a straw in the wind—lots of individuals are going to get their cars repopped. Few own a vehicle for cash anymore.
Will people be put out of their houses? Yes, unless Washington pays their mortgages or rent and their utilities. There recently was an article in Barron’s, of all places, where some PhD “economist” was advising exactly that. There’s going to be deflation in housing and autos.
But there will also be much higher retail food prices, even while farmers are squeezed, and higher prices on anything imported too.
The one thing that you can absolutely plan on is a significantly lower standard of living. That, you’ll recall, is the first and most important definition of a depression.
We’ve had an artificially high standard of living for years for two big reasons. First, there’s all the debt—which is essentially mortgaging the future—as well as consuming the capital that lenders have saved over generations. Second, we’ve been able to export US dollars at zero cost and get imports in exchange for that paper currency.
That’s going to stop in the years to come.
International Man: The coronavirus popped the Everything Bubble, the largest financial bubble in all of human history. The Greater Depression seems just to be getting underway.
But even with the sell-off earlier this year, stocks are still near record-high valuations.
What do you say to those people and those who are looking to “buy the dip?” What do you think the impact will be on the stock market?
Doug Casey: Most people don’t understand anything about economics. Most of what they’re taught in school today is actually rubbish. Few “economists” employed by the government or the Fed understand anything about economics. They’re all Keynesians.
There’s no telling how high a tree is going grow. It’s possible the Dow could go to 50,000 with all the dollars being created. But I have no interest in stocks. In fact, I’m thinking of buying distant puts. When earnings collapse—which they will—stock prices will follow them.
Since World War II, people have gotten into the habit of buying the dips. It’s become a Pavlovian response. Especially over the last 10 years, the average person has been trained to think that stocks always go up. But the wonderful times we’ve had since 1946 are over. We’re in a new era, and it’s going to be a lot less fun.
The public thinks that the Fed is their friend and “has their back.” Certainly, Trump thinks that. If they have any spare cash, they’ll put it into the market.
High stock prices equal prosperity in Trump’s mind. But he’s confusing correlation with causation. Prosperity eventually causes high stock prices—not vice-versa. The reverse is true with low stock prices. That’s why you should be out of the general market today.
But, having said that, now that we live in Bizarro World, we could have very high stock prices for a while, even as the standard of living goes down significantly.
This is actually quite a unique situation for a developed country. It’s the type of thing that happens in third-world countries, where the stock market goes up even while the society is collapsing. Why? Because they don’t want to hold currency. Where else are you going to put your money?
At least stocks represent real wealth of some type.
I have no interest in playing the scam. It’s a casino. Most stocks now are not just hot potatoes; they’re live hand grenades. Now is the time to be in gold and gold stocks.
This is a rare opportunity. This is going to be the next bub
Editor’s Note: The ripple effects of the government lockdown are only stating to take shape. That’s not to mention the unprecedented amount of money the that is being pumped into every corner of the economy by the Federal Reserve.
The more turmoil… the more volatility… the more FEAR in the markets…
The better for gold.
And gold has plenty more room to run… It delivers protection AND profits.
That’s exactly why New York Times best-selling author Doug Casey just released an urgent new PDF titled Guide to Surviving and Thriving During an Economic Collapse. It explains what’s to come and exactly what you should do to protect yourself. Click here to get it now.


investmentwatchblog--2020-05-28--Pelosi’s HEROES Act Fails Unemployed Americans, Favors Illegal Aliens with Daniel Greenfield

Daniel Greenfield joined us to discuss the latest in the recovery .
Who are Speaker Nancy Pelosi ’ s Heroes @ @ @ @ @ 3 trillion HEROES Act that House Democrats have just unveiled , the answer is illegal @ @ @ @ @ the HEROES Act pretends to be about Coronavirus relief , its focus is on immigration @ @ @ @ @ jobs lost in April , the HEROES Act goes to great lengths to make sure @ @ @ @ @ will still be able to keep their jobs , no matter how many Americans lose @ @ @ @ @ misleadingly titled , “ Protections for Essential Critical Infrastructure Workers , ” is a virtual @ @ @ @ @ aliens from being deported .
Click Here to Listen to the Audio

from Financial Survival Network
Daniel Greenfield joined us to discuss the latest in the recovery. Who are Speaker Nancy Pelosi’s Heroes? Based on the $3 trillion HEROES Act that House Democrats have just unveiled, the answer is illegal aliens and criminals. While the HEROES Act pretends to be about Coronavirus relief, its focus is on immigration. With over 20 million jobs lost in April, the HEROES Act goes to great lengths to make sure that millions of illegal aliens will still be able to keep their jobs, no matter how many Americans lose theirs. Buried under the misleadingly titled, “Protections for Essential Critical Infrastructure Workers,” is a virtual blank check to keep illegal aliens from being deported.
Click Here to Listen to the Audio


investmentwatchblog--2020-05-28--Do the Math: The U.S. is an Insolvent Zombie Nation

• Everything that can go wrong , likely will go wrong , all at the same time .
• American taxpayers stuck with 8 years of tax debt and counting .
• We are a zombie country and the world is about to find out we ’ re insolvent .
• Jerome Powell saying the antithesis of what a Fed Chair should be saying .
• Investors have a lot left to learn , which leaves gold stocks a lot of room to gain .
Peter Schiff is an internationally recognized economist specializing in the foreign equity , currency and @ @ @ @ @ @ @ name as President and Chief Global Strategist of Euro Pacific Capital .
He frequently delivers lectures at major economic and investment conferences , and is quoted often in the print media , including the , , , , and .
His broadcast credits include regular guest appearances on CNBC , Fox Business , CNN , MSNBC , and Fox News Channel , as well as hosting his own weekly radio show , Wall Street Unspun .
He ’ s also the author of the bestselling books : Crash Proof 2.0 , The Little @ @ @ @ @ @ @ : , and The Real Crash : America ’ s Coming Bankruptcy – How to Save Yourself and Your Country .

YouTube/PeterSchiff, Released on 5/27/20
Topics:
We are primarily funded by readers. Please subscribe and donate to support us!
Market rallying on hope and hype.
Trump’s odds of winning re-election continues decreasing.
Chinese trade deals unwind.
Stimulus more dangerous than virus.
Everything that can go wrong, likely will go wrong, all at the same time.
American taxpayers stuck with 8 years of tax debt and counting.
We are a zombie country and the world is about to find out we’re insolvent.
Jerome Powell saying the antithesis of what a Fed Chair should be saying.
Investors have a lot left to learn, which leaves gold stocks a lot of room to gain.
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal , New York Times , Barron’s , BusinessWeek , Time and Fortune . His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He’s also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.


investmentwatchblog--2020-05-28--You might be able to get a haircut in Chiraq on Friday!

Yet if you are Mayor Lori Lightfoot , that was NEVER a problem for you in the first place .
Good news , people of Chiraq – you will be allowed to get a haircut !
With RULES , of course .
Rules that DON ’ T apply to your good mayor .
MyFoxChicago reports that this Friday barbershops will have very specific requirements to reopen and cut your hair .
But they can ’ t cut all of your hair .
From the story : “ In Chicago specifically , the industry will open sometime in early June and @ @ @ @ @ @ @ require removing your mask .
When they do open , coronavirus safety measures will change the way services are provided .
“ Masks are required .
For barbers , for example , they won ’ t be able to cut the mustache or facial hair if it requires taking the mask off , ” Bradford said .
“ I won ’ t be able to cut it .
I have to follow the guidelines and I don ’ t want any issues.
” The city of Chicago has put up Phase 3 guidelines @ @ @ @ @ @ @ , the recommendations will hit beauty professionals financially .
“ Makeup artists won ’ t be able to do an entire face of makeup .
They can do lashes , ” Bradford said.
” Read the whole story here .
I guess doing only eyelashes keeps you much safer than doing an entire face of makeup .
Probably much safer than getting a haircut during a stay at home order when you pose with your hair stylist without social distancing .

by DCG
Yet if you are Mayor Lori Lightfoot, that was NEVER a problem for you in the first place.
Good news, people of Chiraq – you will be allowed to get a haircut! With RULES, of course. Rules that DON’T apply to your good mayor.
MyFoxChicago reports that this Friday barbershops will have very specific requirements to reopen and cut your hair. But they can’t cut all of your hair. From the story:
“In Chicago specifically, the industry will open sometime in early June and you cannot get any services that require removing your mask.
When they do open, coronavirus safety measures will change the way services are provided.
“Masks are required. For barbers, for example, they won’t be able to cut the mustache or facial hair if it requires taking the mask off,” Bradford said. “I won’t be able to cut it. I have to follow the guidelines and I don’t want any issues.”
We are primarily funded by readers. Please subscribe and donate to support us!
The city of Chicago has put up Phase 3 guidelines on their website. In some cases, the recommendations will hit beauty professionals financially.
“Makeup artists won’t be able to do an entire face of makeup. They can do lashes,” Bradford said.”
Read the whole story here.
I guess doing only eyelashes keeps you much safer than doing an entire face of makeup. Probably much safer than getting a haircut during a stay at home order when you pose with your hair stylist without social distancing.
DCG


investmentwatchblog--2020-05-28--What To Do Before You Start Condo Shopping

Are you ready to leave the apartment life behind and become a new homeowner ?
Congrats , because you are going to save yourself a whole lot of money in the long run .
Of course , this doesn ’ t mean that the whole endeavor will be easy or even enjoyable at times .
Making the decision to go from renting to full-fledged owning is huge , especially if you ’ ve been renting for years .
There are many things that are going to change , but before you can experience any of this , you are going @ @ @ @ @ @ @ .
And , this will be one of the hardest parts of ownership .
Luckily , you can apply these tips to help make the process a little easier .
If you are like most people , you are going to need to acquire a loan in order to make the first down payment on that condo .
Of course , there is nothing wrong with this , but it might be harder than you imagined .
Before making a big purchase like this , it will be essential to check up on @ @ @ @ @ @ @ is your credit score and credit history that determines whether or not you ’ ll procure the loan .
You don ’ t want to be surprised by a bad credit report when you go to apply for a mortgage .
Before you start shopping for condos make sure that there are no surprises in your past .
This will also help you determine if there are any errors on your report because this is a real possibility as well .
When it comes to finding a new condo for sale in kl @ @ @ @ @ @ @ of options available to you .
You have newspapers , you have classified ads , and you have real estate agents .
That being said , it is the 21st century and you ’ ll likely hit the Internet first .
There is nothing wrong with this , as this is exactly what most people will do today .
However , when doing so , you ’ ll want to make sure that you take advantage of the right site .
There are without a doubt tons of realty sites available , but @ @ @ @ @ @ @ provide you with the same offers and details .
Make sure you choose a reputable site that offers competitive pricing .
Know Where Your Stand , Financially You can ’ t simply run out and invest in something like a condo without knowing exactly how much you can spend .
This would just be completely irresponsible on your part .
Not only this , but it can help eliminate the potential of being let down .
There would be nothing worse than finding the perfect condo and the later only finding out that @ @ @ @ @ @ @ before you even begin browsing with quality realty sites make sure that you know exactly where you stand on a financial level .
If you are thinking about buying a condo , you ’ ve likely already started saving .
However , this doesn ’ t necessarily mean that you ’ ve started squirreling away everything needed .
Did you know that you might not only need a down payment , but you are likely going to need the closing costs as well ?
Did you throw in for the inspector and other @ @ @ @ @ @ @ you will need to cover and you don ’ t want them to pop up unexpectedly and ruin your big plans .
Disclaimer : This content does not necessarily represent the views of IWB .

Are you ready to leave the apartment life behind and become a new homeowner? Congrats, because you are going to save yourself a whole lot of money in the long run. Of course, this doesn’t mean that the whole endeavor will be easy or even enjoyable at times. Making the decision to go from renting to full-fledged owning is huge, especially if you’ve been renting for years. There are many things that are going to change, but before you can experience any of this, you are going to need to find the right condo. And, this will be one of the hardest parts of ownership. Luckily, you can apply these tips to help make the process a little easier.
Start With A Credit Check
If you are like most people, you are going to need to acquire a loan in order to make the first down payment on that condo. Of course, there is nothing wrong with this, but it might be harder than you imagined. Before making a big purchase like this, it will be essential to check up on your credit. After all, it is your credit score and credit history that determines whether or not you’ll procure the loan. You don’t want to be surprised by a bad credit report when you go to apply for a mortgage. Before you start shopping for condos make sure that there are no surprises in your past. This will also help you determine if there are any errors on your report because this is a real possibility as well.
Find The Right Site
When it comes to finding a new condo for sale in kl, you are going to have tons of options available to you. You have newspapers, you have classified ads, and you have real estate agents. That being said, it is the 21st century and you’ll likely hit the Internet first. There is nothing wrong with this, as this is exactly what most people will do today. However, when doing so, you’ll want to make sure that you take advantage of the right site. There are without a doubt tons of realty sites available, but not all of them are going to provide you with the same offers and details. Make sure you choose a reputable site that offers competitive pricing.
We are primarily funded by readers. Please subscribe and donate to support us!
Know Where Your Stand, Financially
You can’t simply run out and invest in something like a condo without knowing exactly how much you can spend. This would just be completely irresponsible on your part. Not only this, but it can help eliminate the potential of being let down. There would be nothing worse than finding the perfect condo and the later only finding out that you can afford it. So, before you even begin browsing with quality realty sites make sure that you know exactly where you stand on a financial level.
Start Saving
If you are thinking about buying a condo, you’ve likely already started saving. However, this doesn’t necessarily mean that you’ve started squirreling away everything needed. Did you know that you might not only need a down payment, but you are likely going to need the closing costs as well? Did you throw in for the inspector and other taxes? There are all charges that you will need to cover and you don’t want them to pop up unexpectedly and ruin your big plans.
Disclaimer: This content does not necessarily represent the views of IWB.