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…
Finance
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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…
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…
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…
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….
“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…
The Big Lie of Woke Capitalism…
Apparently, the “woke left” in America is a big fan of free market capitalism and investing…
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 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…
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…
REPORT: 75% of $800B Paycheck Protection Program Didn’t Reach Employees…
Study found that taxpayers shelled out $4 for every $1 in wages and benefits received by workers from the Paycheck Protection Program…
Biden and His People Are Living in the Disinformation Corporate Media Matrix Because Nothing Else Can Possibly Explain This — Biden’s SpokesWOMAN Karine Jean-Pierre Claiming Current U.S. Status Is Best Economy in Our Nation’s History..Cognitive Dissonance Anyone???…
White House Press Secretary Karine Jean-Pierre on Thursday absurdly claimed the US is now “economically stronger” than we have been in history…
Biden Administration Preventing America’s Second-Largest LNG Plant from Restarting Operations…
The administration of President Joe Biden is preventing America’s second-largest liquefied natural gas (LNG) plant from restarting operations after it was forced to shut down due to a fire in June over alleged “risks to public safety.”…
Oil from U.S. Strategic Reserves Loaded Up on Ships Heading to Distant Shores…Little Staying Here…
More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs…
Are You Willing to Suffer Through a Recession for the Good of “The Liberal World Order”?…
How much are you willing to sacrifice for “the future of the liberal world order”?…
Oil Billionaire Blasts Biden’s Gas-Price Blame-Games, Says Only One Thing Will Fix Inflation…
New York billionaire and refiner John Catsimatidis, who owns hundreds of gas stations, blasted President Joe Biden’s pinning the blame on high prices at the pump on gas station owners, arguing there’s only one solution for inflation – boosting production of crude…
Prince Charles Will No Longer Take Bags Of Cash From Gulf Sheikhs…
Prince Charles years ago stopped accepting bags full of cash from Gulf royalty and won’t do it again, a senior royal source told BBC on Wednesday…
Exxon CEO Warns That Consumers Will Pay for Hasty Energy Transition…
ExxonMobil expects all new cars sold two decades from now to be electric vehicles. But the U.S. supermajor also believes that people will “pay a high price” in this rush to renewables without providing the energy the society currently needs…
Atlantic Council Pushes Biden Admin. Towards a U.S. Digital Currency…
The executive order issued by Joe Biden on Mar. 9, 2022, was primarily focused on cryptocurrencies. Nonetheless, his mention of a U.S. digital currency received significant attention and brought the U.S. government one step closer to regulating both cryptocurrencies and a United States central bank digital currency (CBDC)…
Is the Crypto Threat to U.S. Financial Stability $889 Billion or $10 Trillion?…
Yesterday, Benzinga reported on a curious statement made by Fed Chair Jerome Powell during his appearance before the Senate Banking Committee on Wednesday…
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