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Finance

Latest News

Coal_Fossil_Fuel

July 26, 2022 at 7:05 pm

David Stockman on the All-Out Commitment to Destroy Fossil Fuels… Will It Succeed?…

Investment in all phases of the fossil energy industry has swooned sharply in recent years, owing to both government regulatory and tax subsidy interventions and also due to the takeover of the Wall Street energy narrative by the ESG (environmental, social and governance) nonsense…

EOCI_Index_vs_SP5

July 26, 2022 at 6:57 pm

No Recession? All of a Sudden Yield Spreads Are Collapsing…

No recession. That was the recent declaration from Treasury Secretary Janet Yellen, noting that consumer spending, industrial output, credit quality, and other indicators don’t suggest economic risk…

Money_Currency

July 26, 2022 at 6:49 pm

Douglas Macgregor: We’re Seeing the End of the Dollar-Based Global Economy…

Ret. Col. Douglas Macgregor on Friday warned we are seeing the end of the dollar-dominant global economy in an interview with FOX News host Tucker Carlson. “I think we’re seeing the end of the dollar-based global economy,” Macgregor said. “We’ve weaponized the global monetary system that we largely dominant and control…

Oil Tanker

July 25, 2022 at 7:18 pm

Why Is the Biden Administration Depleting U.S. Strategic Petroleum Reserve for the Benefit to China?…

Every House Democrat voted against a ban on selling oil from the SPR to China…

Janet_Yellen_GettyImages

July 25, 2022 at 6:24 pm

Expert Proved Biden’s Treasury Secretary Dead Wrong on Inflation, His New Warning Shows She Can’t See What’s Coming…

For the Joe Biden presidency, it was a bad start. For the rest of the country, it’s likely to be a worse week — and November can’t come fast enough…

Just_go_Green_Jack

July 25, 2022 at 5:42 pm

When Is a Recession Not a Recession? When the Financial Media Need to Protect Joe Biden…

The Bureau of Economic Analysis (BEA) is scheduled to deliver their calculation for the second quarter (Apr, May, June) Gross Domestic Product (GDP) on July 28, next week. The calculation is essentially the total value of all goods and services generated within the U.S. economy, minus the value of exports received…

Larry_Fink_BlackRock

July 22, 2022 at 8:17 pm

BlackRock Faced with Catastrophic Loss Worth 100’s of Billions, Smashes Industry Records…

BlackRock Inc. is the world’s largest asset manager, controlling trillions in assets. It is one of the great, if not the greatest, financial giants of the globe…

Joe_Manchin_Joe_Biden_John_Podesta

July 22, 2022 at 6:53 pm

Democrats’ Inflationary Energy Agenda Killed Climate Bill…

Why do environmentalists demand more expensive energy at the expense of climate action?…

SMART_Alabama_Hyundai_Plant

July 22, 2022 at 5:25 pm

As Many As 50 Children As Young As 12′ are found working at Hyundai supplier factory’ in Alabama…

Migrant children have allegedly been working at a Hyundai supplier in Alabama after police launched a probe into the disappearance of a 13-year-old girl who ran away with a 21-year-old plant employee…

Ford_Electric-Vehicle-Center_01_Deborah_Attles

July 21, 2022 at 3:06 pm

Ford to Ax Up to 8,000 American Jobs in Order to Fund Electric Vehicle Production – Report…

The Ford Motor Co. is expected to slash 8,000 jobs in the coming weeks to help fund its push into the electric-vehicle market, Bloomberg News reported Wednesday…

US_Currency_Treasury

July 20, 2022 at 7:00 pm

First They Blamed Russia, Then Putin Himself Now It’s the Millennials’ Fault for Inflation!…

Putin is causing inflation. Greedy corporations are causing inflation. COVID-19 caused inflation. We hear all kinds of reasons for the recent spike in prices. And now we have a new one. It’s the millennials’ fault…

pete_buttigieg

July 19, 2022 at 7:45 pm

Representative Thomas Massie (R-KY) Questions Transportation Secretary Pete Buttigieg About Electric Vehicle Goals without Energy Grid to Support Them…

Kentucky republican House member Thomas Massie had some interesting statistics in hand when questioning Transportation Secretary Pete Buttigieg about the administration goal to make electric vehicles 50% of all cars, vans and trucks sold by 2030…

Electricity_Fossil_Fuels

July 19, 2022 at 6:18 pm

Are We Witnessing the Planned Demise of Fossil Fuels?…

As gas prices soar to unprecedented amounts, Joe Biden is selling our strategic oil reserves to China. At the same time, a steady stream of natural gas explosions at critical refineries in the United States remains largely unreported by mainstream news…

CBS_Jason_Furman_Chair_Obama_NEC

July 19, 2022 at 5:32 pm

Former Obama Economic Advisor Says Best Way to Deal with Inflation Is to Raise Taxes and Plunge Main Street into a Recession…

Jason Furman is the former Chairman of the National Economic Council under Barack Obama; he is currently a professor at Harvard teaching economics. If you ever wondered why the economy under Obama included the weakest economic recovery in history, the advice of Furman might explain it…

joe_biden_policies

July 14, 2022 at 7:44 pm

Producer Price Index Hits Peak 11.3 Percent Inflation Driven by Biden Energy Policy – Service Prices Now Indicate Recession…

The “Producer Price Index” (PPI) is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released June price data [Available Here] showing another 11.3% increase year-over-year in Final Demand products at the wholesale level….

Russia_cybercrime_us_dollar_currency

July 14, 2022 at 6:49 pm

“Take The Tragedy in Sri Lanka and Multiply by Ten”: The Fed Just Lobbed a Financial Nuke That Will Obliterate the Global Economy…

We are living in a period of mass “Jonestown” economic delusion. Just twenty months ago – central bankers were offering to buy nearly every junk bond known to mankind, dramatically distorting the “true cost of capital.” All the way from crypto to emerging markets – it was a moral hazard overdose. Everyone on earth was borrowing money at fantasy-land bond yields…

Environmental_Social_Governance_Shutterstock

July 12, 2022 at 8:09 pm

The Big Lie of Woke Capitalism…

Apparently, the “woke left” in America is a big fan of free market capitalism and investing…

Joe_Biden_NATO

July 12, 2022 at 7:51 pm

Why Biden Sent American Oil to China…

Reuters reports that the U.S. sent 5 million barrels of oil to China, India, and Europe last month. Why?…

Texas_windmills_cows

July 11, 2022 at 5:51 pm

Texas Authorities Urgently Beg Residents to Turn Off Air Conditioning Because There is No Wind to Power the Windmills

This is not The Onion or any form of spoof. This is real life, and it is happening today…

Department_of_Labor

July 8, 2022 at 3:53 pm

Grand Theft Labor: Feds Paid $78B in Errant, Fraudulent Jobless Benefits in 2021 Alone…

Labor Department in violation of federal payments integrity law, as its record of protecting taxpayers worsened during pandemic…

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