After two years of recurring warnings (both on this website and elsewhere) that Canada’s largest alternative (i.e., non-bank) mortgage lender is fundamentally insolvent, kept alive only courtesy of the Canadian housing bubble which until last week had managed to lift all boats, Home Capital Group suffered a spectacular spectacular implosion last week when its stock price crashed by the most on record after HCG revealed that it had taken out an emergency $2 billion line of credit from an unnamed counterparty with an effective rate as high as 22.5%, indicative of a business model on the verge of collapse . Continue reading “Panic Bank Run Leaves Canada’s Largest Alternative Mortgage Lender On Edge Of Collapse”
Month: April 2017
Hundreds of thousands of demonstrators are expected to take to the streets Monday in massive May Day events across the USA mostly protesting the policies of President Trump.
May Day — also known as International Worker’s Day — has spawned protests around the globe in past years highlighting workers’ rights. But on Monday, the impetus for the U.S. marches span from immigrants’ rights to LGBT awareness to police misconduct. Continue reading “Thousands expected to hit the streets for May Day protests”
Sent to us by a reader.
The Guardian – by Michael Finkel
Christopher Knight was only 20 years old when he walked away from society, not to be seen again for more than a quarter of a century. He had been working for less than a year installing home and vehicle alarm systems near Boston, Massachusetts, when abruptly, without giving notice to his boss, he quit his job. He never even returned his tools. He cashed his final pay cheque and left town. Continue reading “Into the woods: how one man survived alone in the wilderness for 27 years”
WASHINGTON (Reuters) – At least 352 civilians have been killed in U.S.-led strikes against Islamic State targets in Iraq and Syria since the operation began in 2014, the U.S. military said in a statement on Sunday.
The Combined Joint Task Force, in its monthly assessment of civilian casualties from the U.S. coalition’s operations against the militant group, said it was still assessing 42 reports of civilian deaths. Continue reading “U.S.-led fight on ISIS have killed 352 civilians: Pentagon”
Snap Out Of It America – by Michael Hutcheson
President Lincoln has been all but deified in America, with a god-like giant statue at a Parthenon-like memorial in Washington. Generations of school children have been indoctrinated with the story that “Honest Abe” Lincoln is a national hero who saved the Union and fought a noble war to end slavery, and that the “evil” Southern states seceded from the Union to protect slavery. This is the Yankee myth of history, written and promulgated by Northerners, and it is a complete falsity. It was produced and entrenched in the culture in large part to gloss over the terrible war crimes committed by Union soldiers in the War Between the States, as well as Lincoln’s violations of the law, his shredding of the Constitution, and other reprehensible acts. It has been very effective in keeping the average American ignorant of the real causes of the war, and the real nature, character and record of Lincoln. Let us look at some unpleasant facts. Continue reading “The Terrible Truth About Abraham Lincoln and the Confederate War”
EAST TEXAS (KLTV) – At least five people died during Saturday storms in East Texas.
The Ben Wheeler Volunteer Fire Department confirms the body of an unidentified person was found in a pasture in Canton. A tornado warning remains in effect for the area through 8:30 p.m. Continue reading “Officials: 5 dead during weekend storms, casualties may increase”
HETH, Ark. (WREG) — An Arkansas dad is using a handmade sign on his rural St. Francis County property to defend and protect his 16-year-old daughter.
Shelton Kitchens said he learned recently that his daughter was in a sexual relationship with a 21-year-old man.
“I find my daughter like she’s almost eaten alive. It’s sickening when you raise her shirt and look at it. Hickeys all over,” he said. Continue reading “Angry father posts ‘child molester’ sign in his neighbor’s yard”
A firebrand commissioner in Fargo wondered out loud during a council meeting last September how much money North Dakota’s largest city was spending on its decades-old refugee resettlement program, comments he has since backed up with speculation linking immigration to crime.
Dave Piepkorn’s words have resonated for some, especially during Donald Trump’s presidential campaign when the Republican candidate promised to build a wall along America’s border with Mexico. But Piepkorn’s comments have also struck fear into Fargo’s diverse immigrant community, already concerned that the administration’s focus on blocking and deporting more refugees could tear families apart. Continue reading “North Dakota official faces recall threat for refugee claims”
President Donald Trump has made cracking down on illegal immigration a centerpiece of his administration — but so far his administration is deporting fewer people than his predecessor.
According to statistics from Immigrations and Customs Enforcement (ICE) given to CNN, the pace of removals under Trump in his first three months lags behind even the last two years of his predecessor, when then-President Barack Obama ordered his agencies to use more discretion when it came to deporting undocumented immigrants, focusing specifically on criminals.
Continue reading “Despite tough talk and more arrests, deportations slow under Trump”
President Donald Trump on Friday proclaimed May 1 as ‘Loyalty Day’ as a way to “recognize and reaffirm our allegiance to the principles” upon which America was built and express pride in those ideals, according to a release of the proclamation from the White House.
“The United States stands as the world’s leader in upholding the ideals of freedom, equality, and justice. Together, and with these fundamental concepts enshrined in our Constitution, our Nation perseveres in the face of those who would seek to harm it,” the proclamation reads. Continue reading “Trump proclaims May 1 as ‘Loyalty Day’”
MIAMI (AP) — A Florida sheriff’s deputy was sleeping when his 11-year-old daughter called and asked him to pick her up at her school bus stop. Seconds later, his daughter screamed into the phone. “Dad, help me, help me!”
Polk County Sheriff’s Deputy Jonathan “JJ” Quintana told reporters at a news conference Friday that he assumed the worst as he jumped out of bed Thursday afternoon and ran barefoot to the bus stop. He found his daughter safe, but immediately saw the carnage left when a suspected drunken driver hit five of her fellow Dundee Ridge Middle Academy students as they walked home from the stop. One student later died of his injuries. Continue reading “Former officer charged with hitting kids with car, killing 1”
Daily Caller – by Peter Hasson
The left-wing activists behind the anti-conservative riots at Berkeley have ties to one of the nation’s most prominent pro-pedophilia organizations.
The Coalition to Defend Affirmative Action, Integration & Immigrant Rights, and Fight for Equality By Any Means Necessary — more commonly referred to as By Any Means Necessary or BAMN — is one of the militant leftist groups waging a campaign against conservatives and Trump supporters in Berkeley. The group’s planned aggressive demonstrations against conservative commentator Ann Coulter and the students coming to hear her talk led to the cancellation of Coulter’s speech this week due to safety concerns. Continue reading “Documents Tie Berkeley Riot Organizers To Pro-Pedophilia Group, NAMBLA”
WEB Notes: Trump is trying to say, ‘I will be your huckleberry’. If you are looking for a Nationalist, he will be that for you. If you are a Globalist, he will be that as well. This is absolutely comical, you just cannot make this stuff up. America, you have wrought this for yourself. You deserve the leaders you receive.
Continue reading “Trump: “Hey, I’m A Nationalist And A Globalist””
Maybe Trump didn’t realize that all of his supporters actually expected him to deliver on all of his hard-edged statements. Or maybe he was Trojan Trump from the get go, just as I postulated many months ago to the outrage of many of my fellow anti-establishment readers who wanted to believe Trump was their champion. (I sympathize with them and understand their hopes, but have never seen such a self-aggrandizing narcissist as likely to fulfill that role.) The Trump election upset is turning out to be more upsetting to his supporters than to his critics. As Michael Savage says below, their world has turned upside down. Continue reading “You Got Trumped! Trump rapidly losing strongest supporters”
WEB Notes: Trump: “In just fourteen weeks, my administration has brought profound change to Washington.”
On top of being extremely conceited he stole a line right out of Barracks bag of tricks. This man has been successful if you consider bringing the world closer to war. Watch the video and listen to him for yourself.
How do Donald Trump’s first 100 days in the Oval Office compare to those of his predecessors?
Continue reading “Trump: My First 100 Days Are ‘Just About The Most Successful’ In US History”
North Korea test-fired a ballistic missile on Saturday shortly after U.S. Secretary of State Rex Tillerson warned that failure to curb Pyongyang’s nuclear and ballistic missile programs could lead to “catastrophic consequences”.
U.S. and South Korean officials said the test, from an area north of the North Korean capital, appeared to have failed, in what would be the North’s fourth straight unsuccessful missile test since March. Continue reading “North Korea test-fires ballistic missile in defiance of world pressure”