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Finance

Latest News

PCE_FED_Inflation_Chart

December 16, 2021 at 7:09 pm

Fed Chairman Jerome Powell’s Presser Should Alarm Everyone on Main Street…

Why wouldn’t the graphic show the rate of inflation for 2021?   Well, take one look at what the graph would look like, and you realize immediately why he would not want to put it in front of people…

Melania_Trump_farewell_message

December 16, 2021 at 6:12 pm

Melania Trump Starts Blockchain Technology Venture, Releases First NFT…

“Through this new technology-based platform, we will provide children computer science skills, including programming and software development, to thrive after they age out of the foster community,” Melania Trump said in a statement…

Jerome_Powell

December 16, 2021 at 5:57 pm

“Santa Rally Is Finally Here”: Futures Hit All Time High Day After Powell Goes Full Jean-Claude Trichet…

One day before what everyone knew would be a hawkish pivot by the Fed, the mood was dour with tech names tumbling and futures hanging one for dear life…

Mitch_McConnell_AP_Carolyn_Kaster

December 13, 2021 at 8:12 pm

The Most Dishonest Man in Washington Is Screwing America and Its People…

Since President Joe Biden took office in January, the national debt has increased by $1.2 trillion. Legislation enacted since the Democrats took complete control of Washington will add at least another $2 trillion to deficits — and this does not include the gimmick-ridden Build Back Better plan being negotiated in the Senate…

Donald_Trump

December 13, 2021 at 6:47 pm

Topline for Candidates, There Is Only One Donald Trump and Economic Security Is National Security…

As we live through the consequences of a Biden administration hell bent on eroding the middle class of the United States, there are numerous pundits contemplating 2024 Republican presidential candidates other than Donald Trump; consider this group the lukewarm defenders Machiavelli noted…

Food Inflation

December 9, 2021 at 7:55 pm

Recent Leftist Panic Takes Context – Democrat Pollster Finds Inflation and Checkbook Worries Twice as Concerning for Voters Than COVID…

Considering the recent Democrat freakout over the ‘economic narrative‘, which included a request for corporate media to circle the wagons, their desperation is starting to make sense…

Covid_Vaccines_Vaccinations

December 9, 2021 at 6:17 pm

8 Top Pfizer, Moderna Shareholders $10 Billion Richer After Media Hypes Omicron Fears…

Global Justice Now on Saturday released data showing “just eight top Pfizer and Moderna shareholders” and their CEOs made $10.31 billion since the new COVID variant, Omicron, emerged, but doctor who discovered it says it’s mild, and may even be useful…

Ukraine_Russia

December 8, 2021 at 7:09 pm

President Biden Pledges to Provide Billions in Economic Benefit to Russia Through the Build Back Better Climate Change Program…

Many Americans have no idea that Russia is an OPEC member. Even fewer recognize that Russia’s primary economic export is energy via oil and gas. Oil and gas exports drive the Russian economy. Any U.S. policy that drives up the value of oil and gas directly enhances the economy and influence of Russia…

Saule_Omarova_Cornell_Univ_Prof

December 7, 2021 at 7:03 pm

Can’t Imagine Why: Biden’s Commie Pick for Comptroller of the Currency Gets the Boot…

Saule Omarova, President Joe Biden’s nominee for the office of the Comptroller of the Currency, withdrew her nomination Tuesday after Democrats and Republicans opposed her controversial views to eliminate community banks and fossil fuel companies…

biden_economic_policies_economy_joebama

December 3, 2021 at 8:31 pm

November Jobs Report Massively Misses Expectations, 210k Added vs 535k Anticipated, Financial Media Confused…

Inside the jobs numbers, you will note the areas where consumer spending contraction first hits: retail, luxury, leisure and hospitality, is the area where November employment was flat or jobs were lost. DUH!…

Afghanistan_Evacuation

December 2, 2021 at 7:22 pm

Republicans Will Vote Yea Like the Wet Noodles They Are!: Stopgap Funding Bill Includes $7 Billion for Afghans, $1.6 Billion for UACs…

A potential federal government shutdown is looming with funding currently set to run out at 11:59 p.m. on December 3, 2021. To avert a shutdown, House Democrats just introduced a bill that would temporarily extend government funding through February 18, 2022. But instead of a “clean” bill that retains the status quo, this bill includes additional funding for the visa-less Afghans the Biden administration allowed into the country after the botched Afghanistan withdrawal…

Jerome_Powell

November 23, 2021 at 8:37 pm

At 3:12 P.M. Yesterday, the Stock Market Changed Its Mind on another Four Years of Jerome Powell and Plunged…

Fed Chair Jerome Powell now finds himself in the same position as Morgan Stanley’s Howie Hubler and JPMorgan’s Bruno Iksil: he’s got a big trade on and no exit plan. The problem for the U.S. economy is this: Hubler and Iksil were gambling with billions of dollars. Powell is gambling with trillions of dollars. Powell’s Fed has effectively become the Whale in the U.S. debt market…

Strategic_Petroleum_Reserve_SPR

November 23, 2021 at 7:06 pm

Oil Reserves Released by Biden Expected to Primarily Go to China, India…

U.S. taps 50 million barrels of oil from reserves in an attempt to tamper spiking costs at the gas pump…

U.S._Strategic_Petroleum_Reserve

November 23, 2021 at 6:58 pm

Biden Drops Details on Strategic Petroleum Reserves, Then Flees from Media Questions…

As we noted earlier, Biden’s “exchange-based” release from the global SPR has been a dud, as oil prices surged on Tuesday after the administration confirmed plans for a record-setting 50M barrel release which is contingent on America’s ability to convince Japan, the UK and several other allies to engage in “global” swaps from the strategic reserves, for a total of 100 million barrels…

Opioids_AP_Chris_Post

November 23, 2021 at 6:29 pm

Pharmacy Chains CVS, Walgreens, Walmart Help Fuel Opioid Epidemic, U.S. Jury Finds…

CVS, Walgreens and Walmart said they would appeal the verdict, arguing it ran contrary to the facts…

Broken_Tree_Limb

November 19, 2021 at 8:15 pm

Democrats Go Out on a Limb for Biden Nominee, Omarova: The Limb Snapped Yesterday…

Yesterday, at 11:41 a.m., as Cornell Law Professor Saule Omarova sat before the Senate Banking Committee for her confirmation hearing to head of the Office of the Comptroller of the Currency (OCC), the regulator of national banks, Republican Senator Tom Cotton Tweeted the following:…

Joe_Biden_Tucker_Carlson

November 17, 2021 at 2:17 pm

The Ruling Class Has a New Message on Inflation: It may be painful, but it’s going to be good for you…

Tucker Carlson: The ruling class has a new message on inflation: it may be painful, but it’s going to be good for you…

Nancy_Pelosi_Dem_Impeachment_Managers

November 15, 2021 at 7:25 pm

‘Gimmicks’ in Reconciliation Bill Cover up over $1 Trillion in Spending…

Reconciliation bill has sunset provisions that ‘disguise the true cost of the bill,’ chamber wrote…

Saule_Omarova_Cornell_Univ_Prof

November 12, 2021 at 6:43 pm

Biden Treasury Pick Wants to Bankrupt Coal, Oil, Gas…

President Biden’s controversial, Soviet-born pick to lead a key branch of the Treasury Department admitted in a newly unearthed video that she “wants” traditional fuel industries “to go bankrupt.”…

Kevin_McCarthy_GettyImages_Mark_Wilson

November 11, 2021 at 7:51 pm

How 31 Republicans Just Betrayed The Country To Reward Illegal Immigration, Worsen Inflation, And Pay Off Democrats’ Donors…

A vote for the bipartisan infrastructure bill is a vote for Biden’s reconciliation legislation — the largest cradle-to-grave expansion of federal power since the New Deal…

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