As it turns out, AOC isn’t the only democratic socialist politician who misled the public about her “working class” roots to help get elected. Julia Salazar, the Brooklyn state senator and DSA – that’s Democratic Socialists of America – member who unseated a rival Democrat last year with the help of the city’s increasingly active …

Authored by Simon Black via SovereignMan.com, Here’s our Friday roll up of the most bizarre stories we’re following this week. Mom can’t sue cop who accidentally shot her child On July 10, 2014, a Sheriff’s Deputy from a rural county in southern Georgia was in pursuit of a suspect when he wandered onto the property …

Ever since the unexpected failure of China’s Baoshang Bank in late May, which caused a freeze in the interbank market among smaller, less credible (and government backstopped) banks, and which sent rates on Negotiable Certificates of Deposit (NCDs), various bank bonds and assorted report rates sharply higher… … investors have fretted that China appears on …

The Palm Beach Sheriff’s Office has launched an internal affairs investigation into how it handled convicted pedophile Jeffrey Epstein’s work release following a 2007 plea agreement that allowed him to work out of his Palm Beach office for up to 12 hours per day, according to the Miami Herald – which has been instrumental in Epstein’s arrest 12 …

Submitted by Daniel DiMartino-Booth of Quill Intelligence Structural unemployment exists when available workers do not have the skills for the current job openings which continues to be an issue identified by the Fed’s Beige Book; however, the gap has only resulted in wages moderately increasing except for entry level positions The overall labor skills gap …

Jeffrey Epstein’s former IT contractor, Steve Scully, says that he ended his business relationship with the 66-year-old pedophile over hordes of young women all over his infamous private island, as well as an extensive collection of photographs depicting topless women displayed in the island’s various compounds, according to Good Morning America. “There were photos of topless women everywhere,” …

Update 1: UK Foreign Secretary Jeremy Hunt has warned Iran of “serious consequences” if its military does not return control of the British-flagged oil tanker Stena Impero, according to Sky News. He said British action will be “robust” but also emphasized “we’re not looking at military options” at this early stage. Hunt said he’s seeking to urgently speak to Iran’s …

Authored by James Howard Kunstler via Kunstler.com, And so the four horsepeople-of-color arise, at once the glorious avatars of Wokesterdom in all their incendiary wrath, and the butt of ridicule among a pretty big chunk of everybody else in this land. I speak of congresswomen Omar, Tlaib, Pressley, and AOC, a.k.a. “the Squad,” riding a …

A dangerous heat wave is expected to hit much of the United States this weekend – stretching from the Plains and Midwest all the ay to the East Coast, according to the Weather Channel.  The National Weather Service has issued excessive heat warnings, watches and heat advisories in the Plains, Midwest and much of the East …

Authored by Miguel Cruz-Diaz via Counterpunch.org, “In the colonial context there is no truthful behavior. And good is quite simply what hurts them most.” – Frantz Fanon “And I say that between colonization and civilization there is an infinite distance; that out of all the colonial statutes that have been drawn up, out of all the memoranda …

Authored by Lance Roberts via RealInvestmentAdvice.com, A fascinating graphic was recently produced by Oxford Economics showing compounded economic growth rates over time. What should immediately jump out at you is that the compounded rate of growth of the U.S. economy was fairly stable between 1950 and the mid-1980s. However, since then, there has been a …

Jeffrey Epstein was denied bail on Thursday despite his legal team’s best efforts to convince SDNY Judge Richard M. Berman that he isn’t a flight risk.  Judge Berman cites evidence of intimidation and evidence of Epstein missing sex-offender check-ins. Also cites “sexually explicit photos” and “expired Austrian passport” with Epstein’s photo, not his name, and …

As expected, Turkey blasted the White House’s prior day announcement that it has killed Turkey’s involvement in the F-35 joint strike fighter program after Ankara received a first batch of S-400 Russian-made air defense components starting last week. Turkey’s foreign ministry called on the US to rectify its “mistake”. “This unilateral step is incompatible with the spirit of alliance and …

Former Israeli Prime Minister Ehud Barak was photographed entering Jeffrey Epstein’s Manhattan mansion in January, 2016 wearing a camouflage scarf around his face – the same day that a bunch of young women showed up, according to the Daily Mail. …the women included long-time Epstein friends Sue Hamblin and Jennifer Kalin as well as Russian model Lana …

Following further selling pressure overnight, someone (or more than one) has decided to buy-the-dip in cryptos this morning, sending Bitcoin (and most of the altcoins) soaring… A sea of green… Source: Coin360 Bitcoin surged back above $10,000… Ethereum bounced off support at its flash-crash lows… But Litecoin is outperforming on the day… As CoinTelegraph notes, …

China has almost incessantly eased monetary and fiscal policies this year (to no avail judging by the weakest economic growth in three decades). The Bank of Korea (somewhat surprisingly) cut rates overnight and South Africa’s central bank just cut rates this morning. The Bank of Japan’s Kuroda reassured investors overnight that they “will continue powerful …

If you have been tempted to dismiss the growing progressive insurgency within the Democratic caucus as a mirage produced by a handful of outspoken voices – as Nancy Pelosi has suggested – well, think again. In what appears to be one of the most deliberate examples yet of the Democrats progressive caucus sabotaging the party’s …

A popular animation production studio in Kyoto, Japan has gone up in flames after a reported arson attack, leaving a shocking 33 people confirmed or presumed dead, and another 36 injured – some critically – according to Japanese fire department statements. It’s Japan’s worst case of arson in decades and among the highest mass casualty events in its …

The Conference Board Leading Economic Index (LEI) for the U.S. tumbled 0.3% in June to 111.5, following no change in May, and a 0.1% rise in April. This is the biggest MoM drop since January 2016… The biggest positive contributor to the leading index was leading Credit index at 0.12 The biggest negative contributor was building permits …

As the Jeffrey Epstein case continues to unfold, a laundry list of celebrities, business magnates and socialites who have flown anywhere near the registered sex offender’s orbit are now tainted with pedo-polonium. Many of them, such as Bill Clinton, Ehud Barak, and Victoria’s Secret boss Les Wexner have sought to distance themselves from Epstein and his activities – however their …

Authored by Paul Joseph Watson via Summit.news, A British woman has been awarded for designing a chair that prevents “manspreading” by forcing men to sit as if they don’t have any balls. I’m not even joking. “Manspreading,” otherwise known as ‘having a pair of testicles’ – is where men sit with their legs spread apart …

An Austrian passport found in Jeffrey Epstein’s 21,000 square-foot Manhattan townhome, containing Epstein’s photograph but listing a different name, contains customs stamps indicating that he used it to enter at least four countries, – contradicting a defense argument that it was only on hand in the event of a hijacking. In a late Wednesday court filing, US Attorney Geoffrey Berman …

Authored by Peter Earle via The American Institute for Economic Research, U.S. Treasury Secretary Steve Mnuchin piled on to comments made recently by President Donald Trump by calling cryptocurrencies a “national security issue.” Bitcoin and crypto proponents more broadly have long wondered if (and how) the government of the United States would recognize the slow but steady encroachment of …

Here at Zero Hedge, we’ve dedicated plenty of attention to signs of “Japanification” in European bond markets… … with the issue taking on even more urgency now that we have influential bond strategists earnestly advocating the purchase of equities by the ECB, and the Fed in the middle of a policy U-turn that has prompted …

Is the Netflix juggernaut finally dead? Back in April, when Netflix reported strong Q1 earnings, what surprised most investors was the company’s unexpectedly weak outflook, predicting a sharp slowdown in subscriber growth, with roughly 5 million in new subscriber adds. In retrospect, nobody was prepared for just how bad the final number would be, because …

Authored by Brandon Smith via Alt-Market.com, There is a very bizarre narrative being circulated in the mainstream economic media and it goes a little something like this: “The Federal Reserve has capitulated on liquidity tightening yet the US economy is “stronger than ever”, isn’t that weird?” There are a couple things wrong with this statement. …

It’s finally ‘game over’ for Turkey and the F-35 joint strike fighter program after it received a first batch of S-400 Russian-made air defense components starting last Friday, with Russian military planes continuing deliveries into early this week.   “Turkey’s decision to purchase Russian S-400 air defense systems renders its continued involvement with the F-35 impossible,” a White House statement read. The …

Authored by Onar Am via LibertyNation.com, On July 20, 1969, Apollo 11 took humans to the moon for the first time. Now, 50 years later, an increasing number of people believe that the moon landing was an elaborate hoax. Some explain this strange conspiracy theory in psychological terms. Being a contrarian can make people feel special, producing …

AOC is going to have some competition when she runs for re-election in 2020 – and unlike Joe Crowley, the Democratic Party boss she defeated in a historic, upset primary, her next opponent could be a woman of color, an immigrant and – wait for it – a Republican. Fox News reports that Scherie Murray, …

Two weeks ago, we noted how, after ignoring them for months (presumably at the behest of its legal department), Boeing had decided to dedicate $100 million (roughly 1% of its 2018 revenue) to the families of the victims from the Lion Air and Ethiopian Air crashes. However, that number came with a catch: Some of …