ITP FeedBurner

 Subscribe in a reader

Other news

Student Debt Bubble Expands As Parents Do More Of The Borrowing
Student Debt Bubble Expands As Parents Do More Of The Borrowing "As with all the other mini-bubbles out there, if student loans were an isolated problem in a sea of rock-solid financial behavior they’d be easily managed. But they’re just one of many time bombs set to explode shortly....
Read more...
There Is Now Officially 3 Times More Debt In The World Than Money
There Is Now Officially 3 Times More Debt In The World Than Money "You may well have seen in the news the last couple of days that global debt has reached another all time high. After climbing to astonishing $247 trillion when combining public debt of around $60 trillion...
Read more...
Helsinki Talks
LewRockwell 18-07-2018 06:01
Helsinki Talks
The reactions of the U.S. polite to yesterday’s press conference of President Trump and President Putin are highly amusing. The media are losing their mind. Apparently it was Pearl Harbor, Gulf of Tonkin and 9/11 all in one day. War will commence tomorrow. But against whom? Behind the panic lie competing views of Grand Strategy. Rereading the transcript of the 45 minutes long press conference (vid) I find it rather boring. Trump did not say anything that he had not said before. There was little mention of what the two presidents had really talked about and what they agreed upon. Later on Putin said that the...
Read more...
The Trump-Putin Peace Conference
Donald Trump won back some supporters with his bold diplomatic moves with Russia yesterday. Seeking peace is never a popular move with those who run our civilization, as could be seen by the hysterical opposition he garnered, with even more irrational hatred than usual, from every pillar of the establishment. The code words were everywhere on social media; Trump was consistently called a “traitor,” and “Putin’s bitch.” Alleged “journalists” dropped their facade further than they ever had; former CIA intern Anderson Cooper declared, “You’ve just seen the most disgraceful performance by a U.S. president.” #TreasonSummit was all the rage on...
Read more...
Housing Starts Crash In June, Permits Tumble YoY
Following May's plunge in building-permits (starts jumped), June was expected to deliver a rebound, but it didn't. Permits dropped 2.2% MoM (vs +2.2% exp) but Housing Starts collapsed 12.3% MoM (after May's 4.8% rise MoM). This is the 3rd month of declining permits in a row and biggest drop in starts since Nov 2016...   Total housing starts declined YoY for the first time since Dec 2017... The collapse in starts was broad based: single family starts down from 944K to 858K multi family starts down from 381K to 304K   But the drop in permits was dominated by multi-family units... Single-family permits  from 843K to 850K , +0.8% Multi-family...
Read more...
Turkey issued a key challenge to its NATO "puggybank" ally the United States today, when a Turkish court ruled to keep imprisoned US Pastor Andrew Burnson in jail, quashing speculation that he would be released after a hearing on Wednesday. Pastor Brunson, who was detained in 2016, faces charges including espionage and aiding terrorist groups after being accused of cooperating with Kurdish terrorists and colluding with the Gulenist Islamic movement; he faces up to 35 years in prison if found guilty. Pastor Andrew Brunson Brunson claimed innocence during his trial in May and called the charges against him "shameful and disgusting". "I am...
Read more...
<div>Winklevoss Twins Donate $130K To Cuomo Before Winning NY 'Bitlicense'</div>
How's this for pay-to-play politics? New York Gov. Andrew Cuomo, a political scion and erstwhile contender for the 2020 Democratic nomination, is fighting for his political future as simmering public outrage over the NYC subway has bolstered a celebrity primary challenger who is attacking Cuomo from the left. And in the latest revelation about corruption - or at least the appearance of corruption - in Albany, the New York Post has published a story about how Cameron and Tyler Winklevoss donated a total of $130,000 to Cuomo's reelection campaign weeks before New York State issued their firm, the Gemini Trust Company,...
Read more...
De media als poortwachter van nepnieuws
Deze week kwam ’t NRC met het bericht dat er een Russisch trollenleger actief is op Twitter. Opvallend genoeg gelijktijdig met het bezoek dat president Trump bracht aan Moskou. Waar voorheen de media het alleenrecht en controle over (nep-)nieuws hadden, moeten zij nu concurreren met social media en buitenlandse nieuwsoutlets. Dat is goed nieuws voor […]
Read more...
A Tale of Two Poisonings
Poisoning enemies has a long history with Augustus Caesar’s wife Livia allegedly a master of the art, as were the Borgias in Renaissance Italy. Lately there has been a resurgence in allegations regarding the use of poisons of various types by several governments. The claims are particularly damaging both morally and legally as international conventions regard the use of poisonous chemical compounds as particularly heinous, condemning their use because they, when employed in quantity, become “weapons of mass destruction,” killing indiscriminately and horribly, making no distinction between combatants and civilians. Their use is considered to be a “war crime” and...
Read more...
42 jaar voorbereidingstijd, en geen enkele progressie (drinkwater, climate change)
De droogste zomer was die van 1976. We zijn nu 42 jaar verder. Vele, vele jaren waarin we ons konden voorbereiden op een volgende grote droogte. Decennia waarin we ons konden voorbereiden op klimaat verandering. Decennia waarin tal van wetten zijn aangenomen. Tientallen jaren waarin de burger milieu heffing op milieu heffing voor zijn kiezen […]
Read more...
Wiens schuld is het?
De totale wereld schuld positie is tot een record van 237 biljoen gestegen. Dat is 42 % hoger dan 10 jaar geleden en toen hadden we een schuldencrisis! ballooned  Maar laat u vooral in slaap sussen doordat het percentage schuld tov de totale wereld productie (GDP) 4 % gedaald is tov de top 2016:  naar […]
Read more...
Architect of Cuomo’s Buffalo Billion Project Is Convicted in Bid-Rigging Scheme
Architect of Cuomo’s Buffalo Billion Project Is Convicted in Bid-Rigging Scheme "This you can count on, and there are too few things one can count on in this world. – The bigger the government, the bigger the corruption. That’s just the way it is. The temptation is bigger because...
Read more...
E-Verify Threatens Us All
By: Ron PaulIn addition to funding for a border wall and other border security measures, immigration hardliners are sure to push to include mandatory E-Verify in any immigration legislation considered by Congress. E-Verify is a (currently) voluntary program where businesses check job applicants’ Social Security numbers and other Information — potentially including “biometric” identifiers like fingerprints — against information stored in a federal database to determine if the job applicants are legally in the United States.Imagine how much time would be diverted from serving consumers and growing the economy if every US business had to comply with E-Verify. Also, collecting...
Read more...
Remembering Burt Blumert
By: David GordonToday would have been the 89th birthday of Burt Blumert, one of the greatest personalities of the modern libertarian movement. Burt was the indispensable man behind the scenes and was a key figure in the Mises Institute, the Center for Libertarian Studies, and LewRockwell.com. He was one of Murray Rothbard’s closest friends; and when you met him, it was easy to see why Murray liked him. He was a genial and kind person and a source of wise counsel to all those fortunate to know him. Burt was the founder of Camino Coins and a principal figure in...
Read more...
Mark Thornton: Is the Bust Here?
By: Mark Thornton, Jeff DeistWith stock markets in turmoil earlier this week, the Mises Institute's resident expert on booms and busts joins Jeff Deist to make sense of it. Will new Fed Chair Jerome Powell do everything possible to prop up markets, or will he be more hawkish than Janet Yellen? What kinds of indicators does Mark look for to predict trouble (hint: it's not the VIX). Why does the volume of margin loans matter, and why is the Russell 2000 Index a better predictor than the Dow or Nasdaq? Are cryptocurrencies now bound up with macro trends? And is Austrian...
Read more...
Doneer4