From deep inside the foundations of our Republic's capital city
TSB: "It's Just Crazy" (Again): (2-Bedroom LA House Sells 40% Above Asking. (Here is your basic 2 bedroom million $ house in LA.)gwb http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/04/19/la%20house%20sale%201_0.jpghttp://www.zerohedge.com/news/2017-04-29/“it’s-just-crazy-2-bedroom-la-house-sells-40-above-asking(And here's what happens when the bubble bursts.) Panic Bank Run Leaves Canada's Largest Alternative Mortgage Lender On Edge Of Collapse"When you have a run on the bank, people get spooked and they sell and ask questions later," said a Bay Street investment banker. "It’s investor psychology that takes over."(Fortunately though, the government says inflation remains low.)
A panic on housing at least makes more sense to me than something like that Dutch Tulip craze.
TSB: We weren't able to beat the Maryland murder rate but Portland did have the worst riot damage in many years today. Oregon's Governor was in attendance to salute illegal immigration, Portland's new Mayor was at a city council meeting while the downtown area was exploding all around him. He had no comment. gwbRiot in Portland...Police declare riot as protesters set fires in downtown Portlandhttp://www.oregonlive.com/portland/index.ssf/2017/05/may_day_organizers_show_march.htmlAlso, today Canada's 2nd largest subprime lender announce 74% of its deposits have disappeared in the past 4 days. Add to that the freak snowstorm in the midwest overnite that caused wheat losses of 50 million tons spiking wheat prices 5.34% in 1 day. (Stock up on burger buns!) I really liked Trump's move to overturn Michelle Obama's super healthy lunches that nobody ate with some local disgression. gwb
Agree FLOTUS' school lunch program did nothing but inspire a generation of Populist-minded HS kids, especially the ones who would post photos of the crappy lunch they got juxtaposed with that day's lunch menu at the Obama kids' fancy school in DC.
TSB: "CHINA REPORTEDLY GIVES N.KOREA FINAL WARNING"williambanzai7 nyse May 3, 2017 9:21 AMFunny how the bomb will do that. Test it a few times and you erase the Kardashians from front screen.AND THE BEAT GOES ON! Except for United Airlines where the executives have promised to stop beating their passengers. https://youtu.be/to0irFedGqc
TSB: We learned a lot today. One is that Hillary Clinton has enormous power over James Comey. "Wikileaks is Intelligence Porn" "Huma Abedin regularly forwarded her classified email to Anthony Weiner so he could print them out without reading them."Comey knows Weiner never read them because there was no evidence to prove he read them despite the fact Weiner was never interviewed about them. Weiner was never interviewed about them because he was so busy being interviewed by other law enforcement official about sexting a 14 year old girl. He referred to this as a "matter" rather than an investigation because Hillary Clinton told him to. Rudy Juliani said he was regularly getting updates on the investigation from those conducting it but Comey wasn't aware of this or concerned about it. We also learned today that the FBI needs estraordinary powers to unlock cell phones to stop terrorists and sex traffikers in child porn, drug traffiking etc. Now, if President Trump mentions "draining the swamp" oe "loving the uneducated" that might complete your list of amazing thing for today. gwb
TSB: Just one phone call between Trump and Putin and the safe zones are established with Russian peacekeepers!! Should be a joint peace prize next year if this works out. gwbRussia, Iran, Turkey Ban US Planes Above Syrian "Safe Zones"http://www.zerohedge.com/news/2017-05-05/russia-iran-turkey-ban-us-planes-above-syrian-safe-zones
TSB: This is the kind of cybercrime I enjoy: Corruption Currents: Billionaires’ Yachts Targeted by CyberthievesAnd Warren Buffett "warrens about": On cyber attacks: "the number one problem [for] mankind."and avoids by staying un-connected. Plus he LOVES Trump's healthcare plan: On the House health-care plan, which would repeal added taxes on payroll and investment income for high earners: "It is a huge tax cut for guys like me." gwb
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