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I go to a 4th of July party

So I go to a 4th of July party. Lots of people; tons of screaming kids. It’s one of those get-togethers where everyone brings some food to share. (As a result there is ten varieties of potato salad, a...

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Frontrunning: January 23

Saudi Arabia’s New King Probably Will Not Change Current Oil Policy (BBG)Saudi King’s Death Clouds Already Tense Relationship With U.S. (WSJ)Oil Pares Gains as New Saudi King Says Policies Stable...

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Frontrunning: April 16

Euro zone bond yields sink to historic lows (Reuters)Clinton Foundation to Keep Foreign Donors (WSJ)Russia says U.S. forced it to act on Ukraine (Reuters)Bankers to China's Rescue (BBG)Saudi Arabia...

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Rolls Royce Plunges On Bombshell Profit Warning, Dividend Review; Faces "Near...

You’d think that with balance sheets full of cash, record high stock prices, and a record low cost of capital, corporate management teams and their newly-minted billionaire executives could afford to...

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Democracy, Be Damned - The "Sea Island" Conspiracy Reveals The Deep State

Submitted by Patrick Buchanan via Buchanan.org,Over the long weekend before the Mississippi and Michigan primaries, the sky above Sea Island was black with corporate jets. Apple’s Tim Cook, Google’s...

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Trickle-Down Crash? Trophy Assets Suddenly Tanking

Submitted by John Rubino via DollarCollapse.com,One of the defining traits of the past few years’ “recovery” has been the torrent of money flowing from big banks to favored clients, and from there into...

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Why Google Made The NSA

Authored by Nafeez Ahmed via Medium.com,Inside the secret network behind mass surveillance, endless war, and Skynet...INSURGE INTELLIGENCE, a new crowd-funded investigative journalism project, breaks...

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Private-Plane Taxes: Another Way The Poor Subsidize The Rich

Wealthy CEOs and athletes have found a loophole that allows them to minimize their tax bills while traveling in style – all at the expense of the everyday traveler who flies commercial and must bear an...

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Good Companies Don't Always Make Good Stocks

Authored by Vitaliy Katsenelson via RealInvestmentAdvice.com,I was recently going through a new client’s portfolio and found it full of the likes of Coca-Cola, Kimberly-Clark and Campbell Soup - what I...

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GE Slashes 12,000 Jobs In Troubled Global Power Business

A day after labor unions warned that General Electric was planning thousands of job cuts in its troubled power-generation unit, GE confirmed that it’s planning to cut 12,000 jobs globally in its power...

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GE Is Trying To Figure Out Who Knew About Immelt's "Chase Plane"

The Wall Street Journal broke one of the most memorable news stories of the year over the summer when it reported that former General Electric CEO Jeff Immelt – who bowed out in June amid intensifying...

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