According to the December 6 release of Federal Reserve H.8 data, cash assets at the 25 largest U.S. banks have dropped by a stunning $663 billion from their peak levels on December 15, 2021…
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Why Did Schumer’s Senate Introduce a Social Security Bill That Bypassed Committee Debate and Mark-up…
Majority Leader Chuck Schumer appears to be up to no good as it relates to Social Security benefits…
How Will Trump’s Universal and China Tariffs Impact the Economy?…
President-elect Trump has promised to impose steep new taxes on trade, including a 10-20 percent tariff on all imports, at least a 60 percent tariff on Chinese imports, and a 25-100 percent tariff on Mexican imports. At least a dozen estimates on Trump’s proposed tariffs show they will have a harmful effect on the American economy, supporting the standard view among economists that tariffs reduce trade and distort production, leading to lower standards of living…
Biden Lied About Everything: Philly Fed Finds All Jobs “Created” in Q2 Were Fake…
There is a reason The T-Room stopped posting the job reports coming out of the Biden-Harris administration. This is it…
Japan’s SoftBank to Invest $100 Billion in U.S. Projects…
Trump may have succeeded in raising that $100 billion in investment to $200 billion…
Janet Yellen “Sorry” After Presiding over $15 Trillion Increase in U.S. Debt…
“I am concerned about fiscal sustainability and I am sorry that we haven’t made more progress,” she said adding that “I believe that the deficit needs to be brought down especially now that we’re in an environment of higher interest rates.”…
Here’s What’s In The $895 Billion Defense Authorization Bill…
Here’s what’s in the 2025 National Defense Authorization Act passed by the House today and is now heading to the Senate…
Feds Using Banks to Surveil Americans’ Financial Data Without Warrants, House Judiciary…
The committee reported that Feds asked banks to search private transactions for terms like ‘MAGA,’ ‘Trump’ and ‘Biden’…
Trade Guru Peter Navarro Returns to the White House as Senior Counsellor for Trade and Manufacturing…
The commitment Peter Navarro has demonstrated over these last eight years, especially, getting U.S. trade and manufacturing back onto a solid footing is precisely what is needed to gin up the economy. The T-Room is as thrilled with his return to the White House as The Conservative Treehouse is…
Trump Threatens BRICS Countries with 100% Tariff if They Try to ‘Create’ New Currency to Replace U.S. Dollar…
President-elect Donald Trump threatened BRICS countries with a 100 percent tariff if they tried to “create a new BRICS Currency” or to support another currency to “replace” the U.S. dollar…
Catherine Austin Fitts on Plunder Capitalism Could Execute The Largest Land Grab In History…
Brannon Howse host of WorldViewTube dives right into this interview with Catherine Austin Fitts who provides a bounty of detail about the U.S. economy, key policy changes that changed the economic system, a bit of history, plunder capitalism and investment strategies you won’t hear from your financial planner…
Major Car Manufacturer Nissan on ‘Brink of Collapse,’ Thousands of Jobs at Risk…
Car manufacturing giant Nissan is reportedly “on the brink of collapse,” putting thousands of American jobs at risk…
NY Factory That Makes Dunlop Tires Shuttered, 1,500 Workers Fired as Japanese Owner Moves Manufacturing Overseas…
The Japanese company that owns tire maker Dunlop shuttered a century-old New York factory — and fired 1,500 workers — as it moved manufacturing overseas…
Trump Appointments Signal Aim to Boost US Energy Investment and Production…
“Personnel is policy.” That aphorism about the realities of US presidential government was coined by Scot Faulkner, who was director of personnel for Ronald Reagan’s triumphant election campaign in 1980…
Biden-Harris DHS to Funnel 65K More Foreign Workers into Blue-Collar Jobs…
President Joe Biden and Vice President Kamala Harris’s Department of Homeland Security (DHS) will funnel an additional 65,000 H-2B foreign visa workers into blue-collar jobs, even as Americans continue losing out in the labor market to an increasing flow of migrant workers…
Trump Set to Hold Private Meeting with Coinbase CEO…
Trump’s meeting with Coinbase CEO might include discussions on SEC leadership and plans for the crypto advisory council…
No Apology Can ‘undo the damage’ Gary Gensler Has Caused…
“Let’s be clear on one thing. Gary Gensler is evil,” Tyler Winklevoss said in a detailed thread about the SEC chair amid resignation rumors…
Chris Wright, an Unapologetic Energy Humanist, Will Be the Next Secretary of Energy…
For the first time, the DOE will be led by someone from the energy sector…
Big-Tech & Bullion Battered, Bitcoin Bid As ‘Goldilocks’ Narrative Collapses…
‘Good news’ was definitely ‘bad news’ this week as US macro data generally surprised positively…
Trump Inherits Turd of an Economy — Ed Dowd…
Former Wall Street money manager Ed Dowd is a skillful financial analyst who said in May the economy was skidding. Now, Dowd predicts the economy is poised to “roll over” and soon…
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