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UNBELIEVABLE!: Hey Virginia, Gov Youngkin Wants to Give You a Break by Suspending 26.2% Gas Tax. Senate Democrats Voted NO…

Just hours before the General Assembly reconvened its regular session Wednesday to act on the nearly 150 pieces of legislation that Gov. Glenn Youngkin either amended or vetoed, a Senate panel by a 12-3 vote killed a proposal that would have suspended Virginia’s gas tax for three months, dealing a major blow to a significant component in Youngkin’s plan to provide short term tax relief to Virginians struggling with climbing fuel prices…

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5 Signs They Are Creating a Food Crisis…

It’s no secret that, according to politicians and the corporate press, “food shortages” and a “food supply crises” have been on the way for a while now. They have been regularly predicted for several years…

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While JPMorgan Chase Was Getting Trillions of Dollars in Loans at Almost Zero Percent Interest from the Fed, It Was Charging Americans Hit by the Pandemic 17 Percent on Their Credit Cards…

Under just three of the emergency bailout programs offered by the Fed to Wall Street, units of the megabank JPMorgan Chase tapped over $6 trillion in cumulative (term-adjusted) loans from September 17, 2019 through the first quarter of 2020. That figure will definitely go higher as the Fed is releasing the names of the banks and the amounts they borrowed on a quarterly basis for its repo loan program…

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Fed Chair Powell Telegraphs the Perfect Storm for Wall Street’s Megabanks: Rapid Rate Hikes Hitting $234 Trillion in Derivatives…

The Federal Reserve (the Fed) is the central bank of the United States. It sets monetary policy, including control of the benchmark short-term interest rate known as the Federal Funds rate, or in Wall Street jargon, the “Fed Funds” rate. This is a key rate because it signals the rate at which overnight loans are made between financial institutions and the direction of interest rates in general…

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Netflix Nightmare: Stock Crash Cost Company a Whopping $50 Billion…

The fallout from Netflix’s first-quarter losses continued on Wednesday when the streaming giant’s shares closed down more than 35 percent. According to CNBC, the sharp drop “led to a wave of downgrades from Wall Street on fears over the company’s long-term growth potential,” resulting in a loss of more than $50 billion of its market cap…

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Israel Dumps the Dollar for China’s Renminbi…

Over the last 48 hours, China and Russia have taken big steps toward separating themselves from the monetary policy and economies of the west – and nobody has even noticed…

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Union Pacific Rail Line Begins Restricting U.S. Fertilizer Distribution…

This is layers of odd. As many readers are aware, the prices of fertilizer have skyrocketed as supplies have been heavily impacted by increased energy costs and supply chain issues. Many people have worried if a shortage of fertilizer may impact farm yields this year…

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The Fed Lied… QE Didn’t End… Protect Your Portfolio From Inflation Now!…

If you’ve been wondering why stocks suddenly exploded higher last month… wonder no more! We were told the Fed ended its Quantitative Easing (QE) on March 9th 2022. That’s a strange claim given that the Fed’s balance sheet has expanded by $55 BILLION since that time. Heck, the Fed just bought ~$25 billion worth of Mortgage Backed-Securities (MBS) last week…

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