During his nomination hearing to become Secretary of the Department of Housing and Urban Development Thursday, Ben Carson assured his questioners that he would not seek to gut the agency or take rental assistance away from the millions of people who rely on it. But Carson inherits a public housing system that’s in crisis and Congress is unlikely to increase funding for the program. …read more
Source: Public housing’s future under Ben Carson
Pringles launches new Loud line of potato-free chips, made from corn, grain and vegetables. …read more
Source: Pringles gets ‘loud’ with line of potato-free chips
If you’re traveling to Dallas for work, try to squeeze in some downtime between meetings — or even tag on an extra day to experience the city. …read more
Source: Business trip to Dallas? Make the most of it
By Tyler Durden
Submitted by Mac Slavo via SHTFPlan.com,
Is there a coup underway, while America is in the transition period, and before Trump swears in as the 45th president of the United States?
How real is the clash between the rogue Manhattan billionaire and the intelligence gang behind the throne? Who will win the struggle for power over foreign policy? These are serious times and require serious considerations.
The U.S. sent an entire armored brigade to the Russian border, and Vladimir Putin is preparing as if for war. Missile defense systems are raised; tall claims and serious charges have been leveled; diplomatic relations have chilled to a permafrost. Several Russian diplomats have turned up dead recently, including one murdered in front of cameras during a dramatic assassination in Turkey. Russia has bucked U.S. order in the Middle East, and carved out a potential peace deal in Syria without their consultation.
Things are reaching a flashpoint, and the system is concerned about controlling President-elect Trump given his rumored friendliness with Putin and plans to drop sanctions.
Will there be a “shock” designed to correct Trump’s foreign policy, and set-off the ticking time bomb between East and West into all-out hostilities?
Though these two world powers have clashed repeatedly in recent years, there several key factors that make this round extra alarming – and put a peaceful transition into question of exploding into total war, and an undermining force from within the deep state, CIA and shadow government:
Source: Is This The Coup In America? "U.S. Troops On Russian Border" To Start War Before Inauguration
By The_Real_Fly
The cuckery has reached a fevered pitch and the democratic party, in what can only be construed as a traumatic emotional breakdown on an institutional level, are throwing the gauntlet down here and now by sending out the so called ‘spiritual center’ of the party, Congressman John Lewis — declaring Trump ‘illegitimate’ because (wait for it) MUH RUSSIANS.
It has been an absolute blitzkrieg of U.S. intelligence leaks and disinformation, all designed to damage the incoming President — coordinated by uniparty shills in both the republican and democratic parties.
Here’s Chuck Todd, channeling Ceasar Flickerman’s disingenuous and overly dramatic cadence from the movie The Hunger Games, interviewing Congressman John Lewis — who said he would not be attending the inauguration because the Russians hacked John Podesta’s email box and revealed the democratic party was an organization rife with both corruption and criminality at the highest levels. These revelations must’ve been the difference between electoral college winship and bitter defeat, obviously.
Charles Krauthammer, hardly a Trump fan, calls bullshit on all of these events — suggesting a conspiracy to diminish the office of the President is at hand.
Content originally generated at iBankCoin.com
By Tyler Durden
The recent tumble in bitcoin, driven by a stampede of Chinese sellers who until last week were willing buyers at any price, has exposed the weakest link in bitcoin’s until recently exponential rise: the mood and social psychology of Chinese momentum and bubble chasers, who like clockwork rush into any one given asset, bid it up to ridiculous levels, watch the bubble burst, before moving on to the next bubble.
The good news is that courtesy of $25 trillion in local savings, or more than double the amount in the US, the bubble eventually returns to where it burst. The bad news is that in the meantime, those who chased the original bubble lose most if not all of their money.
Unfortunately, for most of China’s bitcoin traders, the bad news may be just starting.
Take the story of Ding Wen, who by the age of 34 had built up a personal fortune of more than two million yuan after years of hard work at an internet company in Nanjing, in east China’s Jiangsu province. But, as SCMP recounts his tale, Wen saw most of that wealth go up in smoke on January 5, when China’s bitcoin market crashed, sending the price of the virtual currency plunging 40 per cent in just a few hours after lunch.
With the market in free fall, Ding was unable to log into his account with China’s biggest bitcoin trading platform, Huobi, meaning he could not sell off his holdings or top up his principal to meet the margin call. By the time he managed to log on in the evening, most of the bitcoins in his account had been compulsorily sold off by Huobi for 6,361 yuan each, lower than his purchase price of 8,101 yuan. This included the part of his investment he had bought using a loan he obtained from Huobi by pledging the bitcoins he owned originally.
“I have taken on big risks when making leveraged betting, but the collapse of the trading system made me unable to run stop-loss orders, so I think the platform should compensate for investors’ losses,” Ding said.
The platform disagrees.
Ahead of the market crash, Ding had borrowed 995 million yuan from Huobi by pledging a principal consisting of the 409 bitcoins he already owned. He then bought a further 1,228 bitcoins with the loan. Most of his holdings were compulsorily sold out by Huobi during the price collapse while he was unable to access his account.
Meanwhile, Wu Xing, head of marketing at Huobi, said the log-in delay was caused by a torrent of visits and selling orders, which exceeded the capacity of the website. “[The loss] was due to irresistible factors and not included in the compensation scope. We are sorry and understand the feelings of the investors,” she said.
So to recap… trading the extremely volatile bitcoin on massive, unregulated margin, in an exchange that arbitrarily locks out its clients?
What can possibly go wrong.
* * *
According to SCMP, “many analysts and investors fear China’s bitcoin …read more
Source: "China’s Next Time Bomb" – A Look Inside The Insane World Of China’s Bitcoin Traders
Disney CEO Bob Iger saw his pay dip by $1 million in 2016 — but don’t feel too sorry for him. He still made $43.9 million …read more
Source: Disney’s Bob Iger took a $1 million pay cut last year
By Tyler Durden
Just as California’s liberal elites had convinced everyone that climate change had permanently altered global weather patterns such that the entire state was doomed to be stuck in a perpetual drought which would inevitably render it about as inhabitable as the surface of Mars within years, an unrelenting series of storms has struck and in a matter of days filled lakes, overflowed rivers and buried mountains in snow. And just like that, 40% of California was lifted from a drought that had plagued the state for a decade.
Of course, that much rain, in such a short period of time, can have devastating consequences as this video from Big Sur illustrates.
River campgrounds and cabins at Big Sur under water as river rages through #CAstorm #CAflood pic.twitter.com/jV1gxcMlIb
— Evan Sernoffsky (@EvanSernoffsky) January 9, 2017
As does this dashcam video of a flash flood in norther California.
In all, the rainfall totals from around Northern California over the past 14 days are staggering with certain areas receiving nearly 2 feet of rain according to SFGate.
Downtown San Francisco has received 5.53 inches of rain since Jan. 1. The last time the city has seen a number higher than this was 1982 when 7.53 inches fell between Jan. 1 and Jan. 11. During last year’s El Niño year, S.F. had received close to three inches by this date.
More impressive numbers: The coastal range mountains outside Guerneville, where roads and homes went underwater when the Russian River flooded, has received some 21 inches of rain since Jan. 4.
In Downieville, where the Yuba River gushed with a heavy flow all week, some 23 inches of rain were recorded in the past seven days.
And as bad as the flooding has been in parts of Northern California, it would have undoubtedly been even worse but for the the ability to divert some of the excess water into previously depleted reservoirs scattered throughout the state.
The super soakings have filled reservoirs that were mere mud puddles, their cracked lake beds once exposed at the height of the drought that plagued the state for five-plus years and still persists in many regions, especially in Southern California.
The reservoirs in Northern California have gained some million acres of storage in the past seven days, Michael Anderson, a climatologist with the California Department of Water Resources estimates. And total surface storage for the state is roughly 97 percent of average, with the the total storage for the largest reservoirs being at 111 percent of normal.
Lake Oroville, the state’s second-largest reservoir, gained a bit more than 620,000 acre-feet in the first 10 days of January alone.
“That is almost 18 percent of its capacity,” Anderson said. “Since Oroville was about 750,000 acre-feet below its storage limits during flood season (a consequence of the drought), they can keep all that water for future use and largely offset storage impacts from the drought.”
Meanwhile, the transformation of the state’s reservoirs, in just a …read more
Source: Stunning Before And After Pictures Of The California Drought And Devastating Rain Storms
By Tyler Durden
Just as California’s liberal elites had convinced everyone that climate change had permanently altered global weather patterns such that the entire state was doomed to be stuck in a perpetual drought which would inevitably render it about as inhabitable as the surface of Mars within years, an unrelenting series of storms has struck and in a matter of days filled lakes, overflowed rivers and buried mountains in snow. And just like that, 40% of California was lifted from a drought that had plagued the state for a decade.
Of course, that much rain, in such a short period of time, can have devastating consequences as this video from Big Sur illustrates.
River campgrounds and cabins at Big Sur under water as river rages through #CAstorm #CAflood pic.twitter.com/jV1gxcMlIb
— Evan Sernoffsky (@EvanSernoffsky) January 9, 2017
As does this dashcam video of a flash flood in norther California.
In all, the rainfall totals from around Northern California over the past 14 days are staggering with certain areas receiving nearly 2 feet of rain according to SFGate.
Downtown San Francisco has received 5.53 inches of rain since Jan. 1. The last time the city has seen a number higher than this was 1982 when 7.53 inches fell between Jan. 1 and Jan. 11. During last year’s El Niño year, S.F. had received close to three inches by this date.
More impressive numbers: The coastal range mountains outside Guerneville, where roads and homes went underwater when the Russian River flooded, has received some 21 inches of rain since Jan. 4.
In Downieville, where the Yuba River gushed with a heavy flow all week, some 23 inches of rain were recorded in the past seven days.
And as bad as the flooding has been in parts of Northern California, it would have undoubtedly been even worse but for the the ability to divert some of the excess water into previously depleted reservoirs scattered throughout the state.
The super soakings have filled reservoirs that were mere mud puddles, their cracked lake beds once exposed at the height of the drought that plagued the state for five-plus years and still persists in many regions, especially in Southern California.
The reservoirs in Northern California have gained some million acres of storage in the past seven days, Michael Anderson, a climatologist with the California Department of Water Resources estimates. And total surface storage for the state is roughly 97 percent of average, with the the total storage for the largest reservoirs being at 111 percent of normal.
Lake Oroville, the state’s second-largest reservoir, gained a bit more than 620,000 acre-feet in the first 10 days of January alone.
“That is almost 18 percent of its capacity,” Anderson said. “Since Oroville was about 750,000 acre-feet below its storage limits during flood season (a consequence of the drought), they can keep all that water for future use and largely offset storage impacts from the drought.”
Meanwhile, the transformation of the state’s reservoirs, in just a …read more
Source: Stunning Before And After Pictures Of The California Drought And Devastating Rain Storms
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