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Some of the hottest products of the year cost well under $100, from gaming consoles and VR headsets to drones. …read more

Source: 13 hottest tech gifts under $100

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By Tyler Durden

President-elect Donald Trump fired off Sunday morning with a Tweetstorm (after again complaining about the “totally biased, not funny ” Saturday Night Live), and in a series of six tweets threatened heavy taxes as “retribution” for U.S. companies that move their business operations overseas, fire US workers and still try to sell their product to Americans. Trump vowed he would slap a 35% tax on products sold inside the U.S. by any business that fired American workers and built a new factory or plant in another country.

The president-elect tweeted that his administration will “substantially reduce taxes and regulations on businesses. But any business that leaves our country for another country,” he added, “fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the U.S. ……without retribution or consequence, is WRONG!”

Trump said there will be a 35 percent tax on the country’s “soon to be strong border” for companies that leave and then want to sell their products back to U.S. consumers. “This tax will make leaving financially difficult, but…..these companies are able to move between all 50 states, with no tax or tariff being charged,” the president-elect tweeted.

“Please be forewarned prior to making a very expensive mistake! THE UNITED STATES IS OPEN FOR BUSINESS.”

Trump last week reached a deal with Carrier to keep about 1,000 factory jobs in Indiana that were slated to move to Mexico. On Friday night, we hinted that Rexnord, which is planning to move 300 jobs from Indiana to Mexico, is in his sights next.

The tweetstorm also suggests that far from moderating his stance on protectionism, Trump is only getting started; however it also means that companies will simply have to get more creative with finding tax loopholes that do not lead to escalating “retribution” although if Trump is indeed serious on punishing anyone who fires US workers in a quest for lower wages, may have their work cut out for them.

The U.S. is going to substantialy reduce taxes and regulations on businesses, but any business that leaves our country for another country,

— Donald J. Trump (@realDonaldTrump) December 4, 2016

fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the U.S. ……

— Donald J. Trump (@realDonaldTrump) December 4, 2016

without retribution or consequence, is WRONG! There will be a tax on our soon to be strong border of 35% for these companies ……

— Donald J. Trump (@realDonaldTrump) December 4, 2016

wanting to sell their product, cars, A.C. units etc., back across the border. This tax will make leaving financially difficult, but…..

— Donald J. Trump (@realDonaldTrump) December 4, 2016

these companies are able to move between all 50 states, with no tax or tariff being charged. Please be forewarned prior to making a very …

— Donald J. Trump (@realDonaldTrump) December 4, 2016

<p …read more

Source: In Tweetstorm, Trump Threatens "Retribution" For Companies That Leave The US

    

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The week ahead in stocks: Italy votes on economic reform; Senate hearing on Time Warner-AT&T merger, India’s rate decision …read more

Source: Week ahead in stocks: Time Warner-AT&T hearing

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for latest details. …read more

Source: Self-improvement in tech age: It starts with an app

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By The_Real_Fly

When asked by two CNN shills who she thought should be the next Chair of the DNC, democrat statagist, and former Bernie Sanders spokeswoman, Symone Sanders said ‘we don’t need white people leading the democrats now.’ Instead, she felt someone of a darker persuasion should lead them, in order to best represent ‘diversity.’ Apparently, diversity doesn’t include all races — just the ones that aren’t white — according to Symone. If you recall, Symone mocked the Trump supporter that was viciously beaten by thugs — saying ‘oh my god poor white people,’ when asked about the harrowing event. The problem isn’t Symone. There are lots of racists pigs like her, traversing the globe spreading their demented version of hatred. The issue that I take with these comments is the platform from which she’s allotted to make them, the global network of CNN. Notice how the two cucks next to her didn’t even bother to call out her bullshit, with the flaccid male sitting there just nodding his head? The good news is, these people are weak. Their ideas and schemes crumble very easily; because at the heart of progressive ideologies is a sickness whose columns and tenets fall one by one after just a very small amount of inspection. Populism is on the rise and the culture wars will be won by people wholly interested in freedom — rejecting the superstate and all of its trimmings. The perversion and the lies will not last the test of time and history will remember them as fleeting symbols that result when corruption intermingles with zeal — the deadliest of concoctions, which stands at the precipice, right now, of erasing the democratic party from existence.

Content originally generated at iBankCoin.com

…read more

Source: Democrat Strategist on CNN Said ‘We Don’t Need White People Leading Democrats Now’

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By globalintelhub

Seems yall didn’t quite get the gist of our series – and why it should even be bothered to appear. Well, a few reasons. One, not everyone has the means of investing in ‘decent’ strategies that may only be eligible for accredited investors or QEPs. Two, those who don’t have the means to invest in $1 M minimum programs also don’t have the means of educating themselves to the level that they can do it themselves successfully. Three, this analysis can shift your thinking and help improve your existing investing strategy. Rednecks survive on inspiration as well as perspiration (although, most don’t shower daily).

Soros has backed the blacks; they now have a voice, and they have funding. Who speaks for bubba? Let’s Git-R-Dun! WARNING- IF THESE SUGGESTIONS BORDER ON THE QUASI LEGAL, POTENTIALLY UNETHICAL- NOTE THAT THEY ARE FOR ENTERTAINMENT PUPOSES ONLY. KIDS, DON’T TRY THIS AT HOME. PARENTS, DON’T TRY THIS AT WORK!

1) Free Money Claims

The class action industry produces thousands of settlements each year. Many of them are consumer settlements. And many consumers don’t even know about claims they may be entitled to. Every case is different, but in almost all cases only a small fraction of potential claimants register with the settlement administrator. Legally, once a settlement is reached, funds must be distributed to injured consumers by a certain date. If all claimants do not complete the paperwork by the deadline, funds will be distributed on a pro rata basis to the claimants that do. Here’s one site that lists consumer claims: http://www.freemoneyclaims.com

2) Give plasma, get paid

This is a known goto when you need money for the hobo class and college students. However, many think ‘giving blood’ makes you dizzy, and it’s possible to get diseases. Well, now they need the ‘plasma’ from the blood, which is a little different – and well, what free stuff doesn’t involve a little risk? No it’s probably completely safe, although check the clinic before you go!

3) Start a charity

In most states, 501(c)(3) corporations can be filed without fee, or for a nominal fee such as $25. In many states, there are no annual filing fees, and no annual taxes! Donations made to your charity are tax deductible. Plus – you’re doing a good deed for your chosen cause. Pick a good one, nothing dubious like ‘helping my neighbor’ that won’t fly. Scientific and Technological development is always good. Pay yourself a hefty administration salary (you’ll have to pay taxes on your income, for this) and the charity will have some reasonable expenses. You can literally go door to door and raise money for your charity. Special fundraising rules apply for example you CAN SPAM as long as you follow the CAN SPAM rules, and you can telemarket to people on the DNC (Do Not Call) list so long as you are raising money …read more

Source: Redneck Investin Part 4 – Free on the Fringe

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By Tyler Durden

Less than a month after the “shocking” election of Donald Trump as US president, the world prepares for another day of political shockwaves, this time out of Europe, when on Sunday all eyes will be on Italy and, to a slightly lesser extent, Austria.

Or, as Bank of America puts it “Meanwhile in Europe…”

As we have previewed on various occasions (most recently in Friday’s extensive “Everything You Need To Know About The Italian Referendum & Should Be Afraid To Ask“), in a few short hours, Italy will vote on a constitutional reform referendum. While we urge readers to skim the in depth “walk thru“, here is a simplified version of what happens after the likely “No” vote tomorrow.

The main concern in the markets – which has manifested itself in both the European currency, its vol structure, as well as Italian bond yields – is that a strong “No” vote will cause Prime Minister Renzi to resign, leading to political instability in Italy. Furthermore, a “No” vote is expected to kill a long-running attempt to rescue Italy’s third largest and oldest bank, Monte dei Paschi, which has been desperate for a private sector bailout ever since it failed this summer’s ECB stress test to avoid broader banking sector contagion; a failure of Monte Paschi will likely spark a fresh eurozone banking crisis, and prompt the ECB to get involved again (as it warned it would do), in a redux of what happened after the Brexit vote.

Also on Sunday, there is also a presidential election in Austria. A victory by the right-wing candidate, Norbert Hofer, would raise concerns about EU fragmentation because his party has advocated a referendum on EU membership. His victory would also raise concerns about a similar outcome in the French elections in May, and many other upcoming European elections as shown in the calendar at the bottom of this page:

However, while the Austrian vote will again be down to the wire – and since this time there won’t be any Brussels-endorsed “widespread voting fraud“, Norbert Hofer is assured to win – the key event will be the Italian vote. Here is what to expect in terms of timing:

• Provisional turnout results from 7pm GMT (2pm ET)
  
• Exit polls then expected around 10pm GMT on Sunday night (5pm ET)
  
• First projections by Italian pollsters based on counted votes at around 10.45pm GMT (5:45pm ET)
• Final result will come in around 2am on Monday (9:00pm ET)

In the highly improbably event the “Yes” vote wins, Deutsche Bank analysts write that a rebound in the Italian equity market should be largely restricted to financial stocks. Although the FTSE MIB is trading at a 15% discount relative to its 10-year average vs. Europe, valuations look substantially less attractive once banks are excluded from the index. The relative P/E of the FTSE MIB ex banks is trading in line with its long-term average vs. Europe ex banks. Several Italian sectors are even trading at a premium vs. their …read more

Source: "Meanwhile In Europe…" – The Big Day Arrives

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By Tyler Durden

Authored by Paul Craig Roberts,

Before I give an explanation, let’s be sure we all know what an explanation is. An explanation is not a justification. The collapse of education in the US is so severe that many Americans, especially younger ones, cannot tell the difference between an explanation and a defense, justification, or apology for what they regard as a guilty person or party. If an explanation is not damning or sufficiently damning of what they want damned, the explanation is interpreted as an excuse for the object of their scorn. In America, reason and objective analysis have taken a backseat to emotion.

We do not know what the appointments mean except, as Trump discovered once he confronted the task of forming a government, that there is no one but insiders to appoint. For the most part that is correct. Outsiders are a poor match for insiders who tend to eat them alive. Ronald Reagan’s California crew were a poor match for George H.W. Bush’s insiders. The Reagan part of the government had a hell of a time delivering results that Reagan wanted.

Another limit on a president’s ability to form a government is Senate confirmation of presidential appointees. Whereas Congress is in Republican hands, Congress remains in the hands of special interests who will protect their agendas from hostile potential appointees. Therefore, although Trump does not face partisan opposition from Congress, he faces the power of special interests that fund congressional political campaigns.

When the White House announced my appointment as Assistant Secretary of the Treasury, Republican Senator Bob Dole put a hold on my appointment. Why? Dole had presidential ambitions, and he saw the rising star of Republican Representative Jack Kemp as a potential obstacle. As I had written the Kemp-Roth bill that had become Reagan’s economic policy, Dole regarded me in the Treasury as a one-up for Kemp. So, you see, all sorts of motives can plague a president’s ability to form a government.

With Trump under heavy attack prior to his inauguration, he cannot afford drawn out confirmation fights and defeats.

Does Trump’s choice of Steve Mnuchin as Treasury Secretary mean that Goldman Sachs will again be in charge of US economic policy? Possibly, but we do not know. We will have to wait and see. Mnuchin left Goldman Sachs 14 years ago. He has been making movies in Hollywood and started his own investment firm. Many people have worked for Goldman Sachs and the New York Banks who have become devastating critics of the banks. Read Nomi Prins’ books and visit Pam Martens website, Wall Street on Parade. My sometimes coauthor Dave Kranzler is a former Wall Streeter.

Commentators are jumping to conclusions based on appointees past associations. Mnuchin was an early Trump supporter and chairman of Trump’s finance campaign. He has Wall Street and investment experience. He should be an easy confirmation. For a president-elect under attack this is important.

Will Mnuchin suppport Trump’s goal of bringing middle class jobs back to America? Is Trump himself sincere? We do not …read more

Source: Trump’s Appointments – What Do They Mean?

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