Via FFWiley.com,
July auto sales (released today and charted below) remained weak and should trigger a few recession forecasts. In fact, over the past few months we’ve read about half a dozen commentaries linking the recent plunge in auto sales to an imminent recession. And we understand the reasoning, but we’ve yet to buy into it.
Now that Obamacare repeal is dead for the foreseeable future thanks to John McCain, the full court press to expand on the existing system has begun with Bernie Sanders saying Sunday that he will “absolutely” introduce legislation on single-payer healthcare.
“Of course we are, we’re tweaking the final points of the bill and we’re figuring out how we can mount a national campaign to bring people together,” Sanders said on CNN’s State of the Union.
Pat Buchanan Concludes That Trump Has Been Put In A Kill Box
https://www.lewrockwell.com/2017/07/patrick-j-buchanan/is-trump-through/
The post Pat Buchanan Concludes That Trump Has Been Put In A Kill Box appeared first on PaulCraigRoberts.org.
Content originally published at iBankCoin.com
Are they retarded? Here is a group of George Soros funded protestors, celebrating the republican failure to repeal Obamacare, with scatter brained dancing and high fives. These people are literally celebrating a program that is designed to bankrupt them.
U.S. tobacco stocks are getting smoked this morning (led by an 12% crash in British American Tobacco and Philip Morris) after an FDA statement said it plans to purse lowering nicotine in cigarettes to non-addictive levels.
Bloomberg reports,
The U.S. Food and Drug Administration will work to cut the amount of nicotine in cigarettes to nonaddictive levels, with the goal of preventing thousands of tobacco-related deaths a year. The surprise move sent shares of cigarette stocks plummeting.