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New Cali Law Requires Pensions To Sell Companies Building Trump's "Wall Of Shame"

A new piece of legislation recently introduced in California, Assembly Bill (AB) 946 or the "Resist the Wall Act," would require the California Public Employee Retirement System (CalPERS) and the California State Teachers Retirement System (CalSTRS) – the nation’s first and second largest pension funds - to liquidate within 12 months any investments in companies involved in the construction of President Trump's "Wall of Shame".  The bill also requires the two pension funds to report to the Legislature and the Governor by January 1, 2019 with a list of compa

Fed's Kashkari Responds To Zero Hedge: "A Market Drop Is Unlikely To Trigger A Crisis"

Former Goldmanite and current Minneapolis Fed president, Neel Kashkari, conducted another #AskNeel session on Twitter where the dovish FOMC voter (he was the only one to dissent in last week's rate hike decision) received numerous question. Among them was the following one from Zero Hedge:

His response:

Preet Bharara Joins NYU School Of Law

Just ten days after the US Attorney for New York, Preet Bharara was fired by Donald Trump, prompting speculation if he was working on a probe of Trump himself when he was terminated and further speculation which employer would imminently retain Bharara's services, moments ago the former attorney gave the answer: he is joining the NYU School of Law.

Half Of Canadians Want Illegal Immigrants Deported

Half Of Canadians Want Illegal Immigrants Deported

Canada, and more specifically Prime Minister Justin Trudeau, has been applauded in recent months for its decision to lift visa requirements for Mexican 'tourists' as of December 1st.  Rather than a visa, under Trudeau's administration, border hoppers are now only required to have a so-called Electronic Travel Authorisation (ETA) which can be purchased online for CAD $7.

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