A recent OPEC decision ‘exacerbated the upward momentum for crude oil prices,’ a AAA spokesperson said…
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IT’S CALIFORNIA’S GREEN NEW DEAL EMISSION STANDARDS CREATING THE EMPTY SHELVES AT YOUR LOCAL STORE…
The issues being discussed today relate to events that happened a long time ago. As a matter of fact, it was so predictable that Amazon, Walmart, UPS, FedEx, Samsung, The Home Depot and Target all had taken actions years ago -long before COVID- because they knew this day would come. It was not accidental that those companies showed up at the White House to discuss the issue, because there’s now a full court press to hide it…
FLASHBACK: List of U.S. Companies Secretly Owned by China: Tesla, Microsoft, GM, Uber,…
This is an amazing list, some of these you will never think about. China is buying all America…
Jen Psaki Tells Stunning and Dangerous Lies About Transitory Inflation, Claims Price Increases Will Stop – They Won’t…
In her statements today, Psaki referenced people comparing the prices of 2021 consumable goods to 2020 and 2019. Within the statements, the scale of falsity is off the charts…
DAY 5: Southwest Airlines CEO: Biden’s ‘Controversial’ Vax Mandate ‘Not Anything I Wish for’, Airline ‘Not Going to Fire Any Employees’…
“The vaccine mandate obviously is controversial and it’s not anything that I wish for our company,” said Southwest Airlines CEO Gary Kelly…
Airline and Transportation Group, US Freedom Flyers, Speak Out Against COVID-19 Forced Vaccinations…
A group of transportation workers led by airline pilots speak out about the danger of forced medical procedures represented by the the vaccine mandate…
“It’s A Disastrous Day” – All Hell Breaks Loose In China’s Bond Markets…
The US bond market may be closed, but it was fully open in China, and locals took advantage of this fact to do one thing: sell…
Merck Charging U.S. 40 Times What It Costs to Make Govt-Financed COVID Pill…
Merck’s new ‘not Ivermectin’ Covid-19 treatment, molnupiravir, costs $17.74 to produce – yet the company is charging the US government $712 for the treatment – a 40x markup, according to The Intercept, citing a report issued last week by the Harvard School of Public Health and King’s College Hospital in London…
Never Thought I’d Post This Headline: Biden’s Soviet-Born Nominee for Comptroller of the Currency Thinks Fed Should ‘End Banking’, Admires USSR’s Economy…
Saule Omarova is a Cornell Law School professor who graduated from college in Moscow, where she attended on a scholarship named after Vladimir Lenin…She wrote a paper advocating for the Federal Reserve to take over Americans’ personal banking in order to have more policy clout against big banks…The agency she would oversee is tasked with regulating the country’s banks…
The $3.5 Trillion Monster Includes Biden’s Obscene Gifts to His Union Backers…
Nonunion workers make up nearly 90 percent of the US workforce. President Joe Biden is giving them the shaft. The massive $3.5 trillion budget bill Biden and Democratic lawmakers are trying to ram through Congress discriminates against nonunion workers, even forcing some of them to pay higher taxes than coworkers who joined the union…
House Democrats Quietly Insert a Ten-Fold Increase in OSHA Violations into 3.5 Trillion Human Infrastructure Reconciliation Bill…
Nancy Pelosi and the House Democrats are attempting to change the OSHA fines within the section of labor law that applies directly to the mandatory COVID vaccine. The scale of the fines is massive against any business that does not comply with the anticipated OSHA rule which is yet unannounced; and they are attempting to slip the OSHA change into the massive $3.5 trillion infrastructure bill…
Robert Kaplan Was Trading Like a Hedge Fund Kingpin for Five Years while President of the Dallas Fed; a Dozen Legal Safeguards Failed to Stop Him…
Dallas Fed President, Robert Kaplan, wasn’t just trading like an aggressive hedge fund kingpin in 2020, he’s been doing the same thing for five years at the Dallas Fed while simultaneously having access to non-public, market moving information from the Federal Reserve’s interest-rate setting FOMC meetings and other confidential communications…
When It Comes to Frauds, Wells Fargo Is on the Bunny Slope Watching JPMorgan Hop Moguls on the Black Diamond Trail…
There was a strange occurrence at Fed Chairman Jerome Powell’s press conference yesterday. Hannah Lang, a reporter for American Banker, asked Powell a question about Wells Fargo. Powell read his answer directly from a script in a binder he had on the podium…
Senate Parliamentarian Says $3.5 Trillion Bill Can’t Include Citizenship Path for Illegal Immigrants…
Big blow for Biden, congressional Democrats…
And Another: Shanghai-Based Property Developer Crashes 87% in Minutes Before It Was Halted…
It’s not just Evergrande that is about to keel over. Overnight, one of its smaller peers, Shanghai-based Sinic Holdings Group which focuses on the development of residential and commercial properties in China, was halted trading after it shares cratered in a freak 87% plunge on Monday afternoon. The plunge slashed the market value to just under $230 million, which is laughable for a listed developer in the city…
Goldman Issues a Dire Warning on China’s Property Sector…
No matter how the Evergrande drama plays out, whether it culminates with an uncontrolled, chaotic default and/or liquidation which sparks a crash in real estate values, or with Beijing blinking and bailing out the core pillar of China’s housing market, remember that Evergrande is just a symptom of the trends that have whipsawed China’s property market in the past year, which has seen significant contraction as a result of Beijing policies seeking to tighten financial conditions as part of Xi’s new “common prosperity” drive which among other things, seeks to make housing much more affordable to everyone, not just the richest…
China Braces for “Nightmare Scenario” As Evergrande Offers Broke Investors Discounted Apartments…
Up until now the collapse of China’s Evergrande was very much a slow motion affair, captured perhaps best by Forte Securities trader Keith Temperton who said that “the Asian banks will get hit hard if there’s a default, but then there will be a 10-year recovery process…
Kroger CFO Notes More and Faster Food Inflation Coming in Next Several Months…
This is not a surprise data-point for readers here. However, it is good to see honest statements from corporate executives on what to expect with food inflation…
Lara Logan Notes the OSHA Shift in Record Keeping That Preceded Emporer Biden’s Use of the Agency for Vaccine Enforcement…
Lara Logan notes how Joe Biden is using the Occupational Safety and Health Administration (OSHA) as the compliance mechanism to enforce mandatory COVID vaccination as a requirement for continued employment; and contrasts Biden’s announcement against the earlier press release from OSHA in May of this year…
Emperor Biden’s Vaccine Mandate Is an Attack on the Working Poor…
Presidentish Joe Biden’s dictatorial vaccine mandate executive order will mostly hurt those who can least afford it, at least if the actual numbers are anything to go by…
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