Kunstler Warns “The ‘Gaslight’ Is Losing Its Mojo”

Authored by James Howard Kunstler via Kunstler.com, Fishy Business Picking up a trope conceived months back, the melodrama of US governance is looking more and more like Herman Melville’s Moby Dick, with the FBI as the doomed ship Pequod, with R. Mueller as Captain Ahab and…

DOJ Launches Criminal Probe Into Bitcoin Price Manipulation

After months of the SEC and the CFTC pursuing civil cases against individual initial coin offerings that had scammed investors out of millions, it looks like the Department of Justice is now ready to take the government’s crackdown against bitcoin to the next level by…

Turkish Fighter Jets Violate Greek Airspace 56 Times In A Single Day

In the last three months, tensions between two NATO member states have escalated dramatically – Turkey has threatened to invade Greek islands, Greece has responded, and Greeks now see Turkey as the greatest threat to their existence. And while Turkish President Erdogan was busy talking…

Wells Fargo Dismisses Bankers In Struggling Muni-Bond Division

Four months after Vanguard shuttered three muni bond ETFs due to their “high level of volatility” which began in 2010 and continues today, Wells Fargo’s head of public finance announced Wednesday that the bank would be “shaking up the department” by dismissing several senior bankers…

‘Russiagate’ Unveils The Depths Of Corruption In American Politics

Authored by Seraphim Hanisch via The Duran, For the last seventeen months now, the daily serving of American political news has included a generous helping of Robert Mueller, the Russiagate investigation that has morphed into an “is there any way possible we can get rid…

“The Outlook Is Not Good”: Goldman Sees U.S. In Dire Straits As Deficit Hits $2 Trillion In 10 Years

Three months ago, Goldman first among the big banks warned that the US fiscal trajectory was dire, warning that “US fiscal policy is on an unusual course” with the budget deficit expected to widen over the next few years, as a result of prior imbalances…

Extremely Rare Bottles Of Whiskey Fetch Over $2 Million At Auction

Just six months after a Leonardo painting sold for $450 million, smashing all auction records, this week the world’s record excess liquidity once again underwent a “non-sterilized intervention”, when two bottles of whiskey sold for a mindboggling $2.11 million at a Hong Kong Bonhams auction on…

Italian Bond Futures, Euro Climb As Italian Coalition Agreement Reached

The culmination of months of negotiations between the anti-immigrant Northern League and the anti-establishment Five Star Movement has arrived Wednesday afternoon in the form of a forty page comprehensive policy agreement reached between the two parties, according to Ansa, the Italian newswire. Northern League Deputy…

North Korea Threatens To Abandon Trump Summit, Furious Over Bolton Comments

North Korea has threatened to pull out of next month’s peace summit with Washington if the US insists on the peninsula hurriedly giving up its nuclear weapons without offering immediate sanctions relief. After blaming joint South Korean-US military exercises for the country’s decision yesterday to…

David Tepper Expected To Buy Carolina Panthers For Unprecedented $2.2 Billion

After months of speculation, David Tepper is finally closing in on a prize he has coveted for most of his career: Being the majority owner of an NFL franchise. According to the Washington Post, as long as at least two-thirds of league owners cast their…