North Korea Accuses Senior Admin Officials Of Undermining Trump Peace Deal

North Korea has slammed US officials for trying to undermine the North Korea denuclearization deal behind President Trump’s back, according to the country’s official news agency, KCNA

Pyongyang pointed out that that in addition to taking “such practical denuclearization steps” as discontinuing its ICBM testing and dismantling nuclear facilities, they allowed the repatriation of US-POW/MIA remains. 

“We hoped that these goodwill measures would contribute to breaking down the high barrier of mistrust existing between the DPRK and the U.S. and to establishing mutual trust,” reads the statement, “However, the U.S. responded to our expectation by inciting international sanctions and pressure against the DPRK.” read more

NBCUniversal May Pay Viewers To Watch Its Streaming Video Service

Bloomberg had a terrific title yesterday when describing the cash flow troubles that have befallen MoviePass, which continues to burn unprecedented amounts of cash and is on the verge of insolvency as a result of its “business model” which loses money on every single transaction: “MoviePass CEO Hopes Subscribers Will Use Service Less Frequently.” Because what self-sustaining company wants its users to use its services more…

It now appears that the guys in the NBC Universal biz dev team also read that article and a lightbulb went off above their heads, because according to the Information, as the US cable giant hopes to steal away market share from Netflix and Amazon, it has come up with a novel idea: paying customers to use its service. read more

The Myth Of Market Cap Exposed

Authored by Thad Beversdorf via,

More than $2 trillion in cash distributions will be gifted to shareholders by S&P 500 CEO’s this year.  More than ever before. But why? 

Why do CEO’s distribute cash to secondary market speculators?  These speculators haven’t provided any capital to the balance sheet and haven’t added to the income statement or cash flow statement of the companies they are speculating on.  So why do CEO’s spend so much effort and capital appeasing them? read more



Giuliani: Mueller investigation will lead to ‘big reforms’

Giuliani: This Case Isn’t Going To Fizzle, It’s Going To Blow Up On Mueller


FBI agent Peter Strzok escorted from building amid internal review read more

Mystery HFT “Dude” Is Propping Up The Entire Turkish Stock Market

We first met “The Dude” in March of 2016: no, not Jeffrey Lebowski, but an unknown HFT algo which would step in during times of Turkish market stress and bid up stocks with reckless abandon. Recall:

There’s a giant bull in the [Turkey stock market] china shop,” exclaims one trader, but (unsually for Turkey), “nobody knows anything for sure” about who he, she, or it is. As Bloomberg reports, a mystery investor who first appeared a year and a half ago with $450 million of bets on a single day, almost double the market average, is now executing major transactions with increasing frequency, scaring away competitors who can’t figure out when he or she will strike next, traders and bankers said. read more

Tesla Tumbles As Broader SEC Inquiry Revealed

Bloomberg reports that the U.S. Securities and Exchange Commission is intensifying its scrutiny of Tesla’s public statements in the wake of Elon Musk’s tweet Tuesday about taking the electric-car company private. “funding secured.”

Additionally, SEC enforcement attorneys in the San Francisco office were already gathering general information about Tesla’s public pronouncements on manufacturing goals and sales targets, according to the people who asked not to be named because the review is private. read more

Stossel: Ignorant Sanders

Authored by John Stossel via,

Sen. Bernie Sanders is all over the internet!

New York Magazine says he is “quietly building a digital media empire.” calls it “one of the most powerful progressive media outfits in America.”

This matters because bettors rank Sanders one of the top four Democratic presidential contenders.

I resent Sanders’ “empire” because it pushes bad ideas, yet his videos are viewed more often than mine. His videos have been seen almost a billion times. read more

New Emails Reveal Steele Had “Extensive” 2016 Contacts With #4 DOJ Official While Compiling Dossier

The former British spy who used Kremlin sources to assemble a Clinton-funded anti-Trump dossier, which the Obama administration used to spy on the Trump campaign, had extensive contacts with the Department of Justice’s #4 official before and after the FBI opened its Trump-Russia probe in the summer of 2016, according to new emails recently turned over to Congressional investigators. 

That official, Bruce Ohr, was demoted twice after the DOJ’s Inspector General discovered that he lied about his involvement with opposition research firm Fusion GPS co-founder Glenn Simpson – who employed Steele. Ohr’s CIA-linked wife, Nellie, was also  employed by Fusion as part of the firm’s anti-Trump efforts, and had ongoing communications with the ex-UK spy, Christopher Steele as well.  read more

Challenging Silicon Valley’s “Lords Of The Internet”

Authored by Justin Raimondo via,

A free market would defeat the would-be censors…

The theme of today’s column is suppression – of antiwar voices, of news that doesn’t fit into preconceived narratives, and of our very ability to raise our voices in protest.

If you’re paying attention, you’ve probably already heard about the banning from Twitter of anti-interventionist author and former US diplomat Peter van Buren, a whistleblower whose book on the Iraq war exposed the lies at the heart of that devilish enterprise. When van Buren tweeted that his tenure at the State Department required him to lie to reporters, and that the paladins of the Fourth Estate were all too ready to passively record these lies as truth, the Twitter brouhaha took on seismic proportions. Several journalists were involved, attacking van Buren for showing them up, and one – Jonathan M. Katz, supposedly a New York Times writer – reported van Buren to the Twitter Authorities for allegedly threatening “violence.” Van Buren did no such thing: it was a mere pretext to get him banned. And ban him they did – for life. His account was scrubbed: years of informative tweets were erased. read more

Lord Rothschild: The New World Order Is At Risk

Over the past three years, an unexpected voice of caution has emerged from one of the most legendary families in finance: Lord Jacob Rothschild. 

Lord Jacob Rothschild

Readers may recall that as part of the RIT Capital Partners 2014 annual report commentary, the scion of Rothschild family warned that “the geopolitical situation is most dangerous since WWII.” One year later, Jacob Rothschild again warned about the outcome of “what is surely the greatest experiment in monetary policy in the history of the world“, and then again in August 2017 he cautioned that “share prices have in many cases risen to unprecedented levels at a time when economic growth is by no means assured.” read more