The S&P Index at 2900: The Biggest Wall Street/Fed Whopper Ever Told, Part 3

Read more on this subject: Stock Market
News Story Source: By David Stockman David Stockman’s Contra Co
We have been cogitating on the gross anomaly of our time: Namely, the fact that pre-tax corporate profits of $2.2 trillion (annual rate) posted for Q4 2018 were actually a tad lower than they were 7 years ago in Q1 2012, yet the S&P 500 has gained 125% during the interim.

To hear the talking heads of Wall Street tell it, of course, there is no anomaly at all because, why, corporate profits have been “gangbusters”. For instance, so called “operating” profits are forecasted to rise by 23% between the end of 2018 and 2020, implying hitting the buy key is a no brainer.

But the above numbers are just another iteration of Wall Street’s ex-items forward hockey stick, which is absolutely useless because it way overstates true GAAP profits; and it goes through a ritualized shrinking process so consistent that you could set your watch buy it.

As shown below, during 2014-2017 the initial two-year forward estimates ended up shrinking by 10-40% by the time actua
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(Government) Spending is Theft

Read more on this subject: Ron Paul Says…
News Story Source: http://ronpaulinstitute.org
Imagine being robbed every time you receive a paycheck, but once a year getting some of the stolen money back because the thieves took more than they intended. Would you be happy about it? If you are like most Americans the answer is yes, since most people are grateful when they get a partial “refund” of the taxes the government withheld from their paychecks. A tax refund means more taxes were taken out of your paycheck than you legally owed — in other words, thanks to withholding you gave the government a no-interest loan.

Withholding, which was supposed to be a “temporary measure” to help finance World War II, is an insidious way of minimizing the pain of, and thus opposition to, taxes. Because people never actually get possession of the money the government withholds, they don’t miss it. Imagine how great public demand for an end to the income tax would be if every month we had to write a check to the IRS.

This year, most Americans are owing less
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04-23-19 — Colin Pape – Thomas Freedman — LISTEN LIVE on LRN.FM M-F, 9-Noon EST

Read more on this subject: Declare Your Independence with Ernest HancockDeclare Your Independence with Ernest Hancock – Radio Radio/Video Program on 2019-04-23Freedom’s Phoenix and Top Tech News – Colin Pape (Founder and Project Lead for Presearch) on … Continue reading

Trump Regime Ends Waivers for Purchases of Iranian Oil

Read more on this subject: Iran
Feature Article by Stephen Lendman
Trump Regime Ends Waivers for Purchases of Iranian Oil

by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)

Unilaterally imposed sanctions by one nation on others are flagrantly illegal. There’s no ambiguity about it.

Law Professor Francis Boyle explained it, saying unilaterally imposed sanctions “constitute a crime against humanity as defined by the 1945 Nuremberg Charter…customary international criminal law, (and) the Rome Statute of the International Criminal Court.

They also violate the UN and Organization of American States Charters. “Venezuela (and Iran) could consider researching (their) options for a lawsuit against the United States at the International Court of Justice,” said Boyle.

Both countries “could also consider a strategy to invoke the 1950 Uniting for Peace Resolution by the UN General Assembly and see if the UNGA is willing to take steps on (their) behalf.”

Boyle expressed conce
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The Trump Regime’s Aim to Silence Independent News and Views on Venezuela

Read more on this subject: Venezuela
Feature Article by Stephen Lendman
The Trump Regime’s Aim to Silence Independent News and Views on Venezuela

by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)

Supported by Congress, the courts, and establishment media, Trump regime hardliners want truth-telling eliminated – about Venezuela and other vital issues.

Wanting Julian Assange, Chelsea Manning, and other truth-tellers silenced is all about waging war on alternative news and views, wanting media reporting the official narrative exclusively.

Trump regime sanctions war on Venezuela is all about inflicting pain and suffering on its ordinary people, part of a diabolical plot to eliminate its sovereign independence and gain control over the world’s largest oil reserves.

Part of the scheme is silencing truth-telling media. In early April, Information Clearing House (ICH) was suspended, shut down for several days until able to restore its service through an overseas server.

It provides invaluable daily ne
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US Media Fail to Denounce Trump Regime’s Unlawful Aim to Block Iranian Oil Sales

Read more on this subject: Iran
Feature Article by Stephen Lendman
US Media Fail to Denounce Trump Regime’s Unlawful Aim to Block Iranian Oil Sales

by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)

On Monday, Mike Pompeo announced no renewal of waivers granted for eight countries to continue purchasing Iranian oil unobstructed by the US.

“We’re going to zero…across the board,” effective midnight May 1, he roared. “We will continue to enforce sanctions and monitor compliance,” adding: 

“Any nation or entity interacting with Iran should do its diligence and err on the side of caution. The risks are simply not going to be worth the benefits.” 

China and Turkey strongly objected. Russia intends to maintain normal relations with the Islamic Republic, earlier vowing to help its ruling authorities counter US efforts to block its oil sales.

Weeks earlier, Russian Foreign Ministry spokeswoman Maria Zakharova called Trump regime actions to stop Moscow
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GRAHAM HANCOCK – AMERICA BEFORE: THE KEY TO EARTH’S LOST CIVILIZATION – Part 1/2 | London Real

Read more on this subject: BooksNews Story Source: https://www.youtube.com, London RealHe specialises in unconventional theories involving ancient civilisations, stone monuments and megaliths, astrological data from the past, and altered states of cons… Continue reading

Anti-Vaxxers Banned from Raising Money on GoFundMe

Read more on this subject: Vaccines and Vaccinations
News Story Source: https://needtoknow.news, UK Independent
Anti-vaxxers have been banned from raising money on GoFundMe in an attempt to stop the spread of conspiracy theories and misinformation.

The crowdfunding platform announced it was carrying out a “thorough review” following reports that one campaigner had gathered nearly $80,000 (£60,000) in donations.

Larry Cook, who promoted his fundraising efforts using Facebook adverts, targeted mothers with claims the medical community was covering up baby “slaughter”.

GoFundMe spokesman Bobby Whithorne said: “Campaigns raising money to promote misinformation about vaccines violate GoFundMe’s terms of service and will be removed from the platform.

“We are conducting a thorough review and will remove any campaigns currently on the platform.”

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It Is Not Only Notre Dame Burning, It Is All Of Western Civilization

Read more on this subject: France
News Story Source: www.paulcraigroberts.org, paulcraig roberts
Macron, the president of Multicultural France, says “its not the time for politics.” Imagine if Notre Dame were a synagogue or a mosque. There would be plenty of politics.

According to police reports, 80 percent of the desecration of places of worship in France are Christian churches. But don’t expect to hear much about it.

The law is burning down also, and the pride of citizenship in Western countries.

“To think that the UK has become such a willing accomplice and satellite of the American Empire that it would do such a thing [as extradite Julian Assange] in contravention with all laws, moral, ethical, and actual legal restrictions is absolutely, stunningly appalling and makes me ashamed to be an Englishman.” — Roger Waters

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Police arrest 'yellow vest' demonstrators as clashes break out

Read more on this subject: FranceNews Story Source: https://www.breitbart.com, by AFPAFP journalists reported scuffles between police and protesters in the afternoon, after hours of calm, as police used stun grenades and tear gas to disperse marchers i… Continue reading