America

In the aftermath of today's woeful results from Macy's, Kohl's and Nordstrom's, It may sound surprising, but there is one US industry that is doing even worse than "bricks and mortar" retail - restaurants. For those unfamiliar, we urge readers to skim our latest analysis of the state of the US restaurant indstry, which just suffered its worst monthly collapse since 2009. For everyone else, ahead of tomorrow's retail sales report, here are some evening thoughts from Bank of America on the divergence in eating patterns across America.

Are You Ready to Die?

Paul Craig Roberts

In George Orwell’s 1949 dystopian novel, 1984, information that no longer is consistent with Big Brother’s explanations is chucked down the Memory Hole. In the real American dystopia in which we currently live, the information is never reported at all.

Authored by Bob Livingston via PersonalLiberty.com,

There is war going on now between government and the American people. It’s being fought on many fronts. Only a few Americans are aware of the depth and breadth of what is happening, and fewer still are seriously concerned.

The vast majority of Americans are unaware, and unaware that they are unaware. They are blown to and fro and easily excited over every fake meme and outrage making its way across social media and headlined on mainstream media outlets.

Apparently racial segregation is now an enlightened, progressive policy...just ask the elitist administrators of Harvard University who, in their infinite wisdom, have decided to hold a "Blacks Only" graduation ceremony this spring. 

According to BET, the ceremony is intended to recognize the indisputable fact that graduating from Harvard is simply harder for black students than white students because the "outer pressures of society make the already challenging coursework even more difficult."

Having gone all-in on a Hillary Clinton victory ahead of the elections, Saudi Arabia has quickly pivoted in its "appreciation" of the Trump administration, and having realized that the fastest way to Trump's heart is through the US Treasury's bank account, it is preparing to invest an "unprecedented" amount of money in the US. According to Bloomberg, the Kingdom’s sovereign wealth fund will announce plans to "deploy as much as $40 billion into U.S. infrastructure." The investment will likely be unveiled as early as next week when Trump is scheduled to visit the kingdom.