Politics

Authored by James Howard Kunstler via Kunstler.com,

“Contact with Russians.”

Grown men and women, doubling and re-doubling down on a political fantasy, repeat this prayer hour after hour on the cable channels and Web waves as if trying to exorcise a nation possessed by the unholy hosts of Hell.

But such vicars of the news as Wolf Blitzer, Rachel Maddow, Chuck Todd, and Dean Baquet (of The New York Times) only shove the country closer to a cliff of constitutional crisis.

Last week, rating agency DBRS raised a red flag when it calculated that in the past decade average US wages have risen by only 5.7%, while consumer debt over the same period rose 60% more, or 9.3%. However, while the US household's reliance on debt to fill in the income gaps is hardly news, on Monday JPMorgan found another, even more concerning debt inflection point: household debt, fast as it may be rising, is about to be eclipsed for the first time ever by the even faster rising federal government debt.

Earlier we joked that today's rally was losing steam, and it "needs a North Korean ICBM launch to find new strength."

This rally needs a North Korean ICBM launch to find new strength

— zerohedge (@zerohedge) December 4, 2017

Content originally published at iBankCoin.com

Former assistant FBI Director Jim Kallstrom says Bob Mueller has a giant conflict of interest and never should have taken the case, reports Breitbart. 

“Bob Mueller should have never been offered nor accepted the job as special counsel as he has a huge conflict of interest,” Jim Kallstrom tells Breitbart News. “He should have recused himself.”

After last week's snub, when Nanci Pelosi and Chuck Schumer pulled out of a meeting scheduled with Trump when the president tweeted that he was sitting down with "Chuck and Nancy" but that he didn't "see a deal", it appears that there has been no bad blood between the president and the top Democrats, because on Monday afternoon Chuck and Nancy said they would head to the White House on Thursday for end-of-the-year negotiations and avoiding a government shutdown this week.