America

As if things weren't bad enough for America's mall owners, what with the having to filling their retail space with high schools, grocers and churches, it seems that retailers have grown so uncertain about the future of these 1980s relics that they're only willing to sign 1-2 leases these days.

As Bloomberg points out this morning, leases renewals used to be 5-10 years in length but are increasingly only being signed with 1-2 year terms.  Meanwhile, thousands of stores are closing each year and it's only expected to get worse over time.

Authored by Patrick Buchanan via Buchanan.org,

Pressed by Megyn Kelly on his ties to President Trump, an exasperated Vladimir Putin blurted out, “We had no relationship at all. … I never met him. … Have you all lost your senses over there?”

Yes, Vlad, we have.

Consider the questions that have convulsed this city since the Trump triumph, and raised talk of impeachment.

This is your website. Support it.

Without Glass-Steagall America Will Fail

Paul Craig Roberts

Morgan Stanley's auto team, led by analyst Adam Jonas, seems to be convinced that the auto trade is officially over prompting him to slash over 11 million units from his North American SAAR forecast over the next 4 years.  Jonas attributes his controversial call to the fact that OEMs have been so aggressive in implementing policies designed to pull forward sales (e.g. longer loan terms, higher loan mix to subprime borrowers, etc.) that they've actually started to pressure used car prices to the point that they're cannibalizing new sales.

Authored by Duane Norman via Free Market Shooter blog,

Back in March, the NRA detailed how WaPo‘s very own “fact check” had to rebut the claims from Senator Kirsten Gillibrand (D-NY) that a firearm “silencer” makes a weapon “quiet”: