Wall Street Bond King on Democrats’ 2020 Hopefuls: ‘Short Them All’

By CCN: Jeffrey Gundlach, who in addition to being the CEO of DoubleLineCapital is known as the Bond King, is famous for his strong opinions. A vocal critic of politicians on both sides of the aisle, the hedge fund boss aimed at the Democratic candidates for the 2020 election in a blistering attack during the Sohn Investment Conference. He wants to “short them all.” Three months ago the Fed predicted totally different policy than where they are now. How can they predict 2020 policy with a straight face? — Jeffrey…

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If Trump Repeals Obamacare, He Owes US Taxpayers a $2 Trillion Refund

By CCN: President Donald Trump’s Justice Department recently recommended that a federal appeals court strike down all of Obamacare. A petition has been filed with the U.S. Court of Appeals for the Fifth Circuit. If Trump (finally) succeeds in repealing the disastrous legislation, he owes taxpayers a $2 trillion refund. The renewed assault on Barack Obama‘s signature legislative victory represents a major change for Trump’s administration. Originally, the president repealed the mandate that required individuals who didn’t obtain health insurance to pay a tax penalty at the end of each…

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Jussie Smollett: Arrogance Made ‘Empire’ Star Chicago’s Public Enemy No. 1

Actors are often done in by their egos, and in the case of Jussie Smollett, a few moments of arrogance could cost him a lot more than the $130,000 Chicago was demanding last week. The city, led by former Barack Obama advisor and now-Mayor Rahm Emanuel, sued the “Empire” actor following his refusal to pay back the $130,000 lawmakers initially requested following overtime hours spent investigating his case. Officials claim that Smollett filed a phony police report on January 29 after he was the alleged victim of a racist, anti-gay…

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White House Warns Pakistan: Aggression Against India ‘Not Acceptable” as Nuclear Tensions Flare

The Trump White House has come down hard on nuclear-armed Pakistan, warning that its actions are unacceptable in the escalating war games with India. It’s the strongest message yet from the Trump administration as military tension between Pakistan and India threatens to spill over into all-out war. Speaking to reporters on the condition of anonymity, a senior White House official, said: “The terrorist attack on February 14th on India was a demonstration that Pakistan’s continuing provision of sanctuary for any terrorist group is not acceptable.” White House: Pakistan Must Take…

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The Socialist Politics of Envy: What the World Can Learn from Nigeria’s Unfolding Disaster

Africa’s most populated country and the world’s 26th largest economy is heading for a meltdown as a direct result of envy politics. It was an election between a multimillionaire pro-business candidate seen as part of the establishment and a self-proclaimed hero of the masses who railed against corrupt elites and promised to fight for the little guy. While this may seem to be the story of pretty much every election nowadays since the shock victory of Donald Trump in 2016, the results of Nigeria’s recent elections contain a very important…

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As Doomsday Clock Strikes Closer to Midnight, Could it Accelerate Cryptocurrency Adoption?

The post As Doomsday Clock Strikes Closer to Midnight, Could it Accelerate Cryptocurrency Adoption? appeared first on CCN The Bulletin of the Atomic Scientists moved its Doomsday Clock two minutes closer to midnight on Thursday. President Rachel Bronson and fellow members Lawrence M. Krauss and Robert Rosner listed the looming threat of nuclear war between the United States and North Korea as well as global warming as two key reasons for the decision. … Continued The post As Doomsday Clock Strikes Closer to Midnight, Could it Accelerate Cryptocurrency Adoption? appeared…

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