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Finance

Latest News

Jerome Powell

December 30, 2020 at 6:07 pm

Fed Leaves All Policies Unchanged, Will Keep QE Until “Substantial Further Progress” Made…

“The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time,” Fed officials reiterated in their December policy statement, released Wednesday afternoon…

Steve_Mnuchin

December 28, 2020 at 6:11 pm

Congress Passed Legislation Making the Treasury Secretary the Boss of the Federal Reserve During a Financial Crisis: That’s Creating Its Own Crisis…

Now Americans are learning that the Dodd-Frank Act did one other very dangerous thing: it legally authorized the U.S. Treasury Secretary to take the Federal Reserve hostage during a financial crisis. Section 1101 of the Act provides that the Federal Reserve Board, “may not establish any program or facility under this paragraph without the prior approval of the Secretary of the Treasury.”…

US Capitol

December 22, 2020 at 12:33 pm

REPUBLICANS AND DEMOCRATS COME TOGETHER TO ROB AMERICAN TAXPAYERS…

Late Monday night, in a huge, secretive rush, Congress passed a combined virus relief and omnibus spending bill that’s almost 6,000 pages long and, in less than a year, will spend $2.3 trillion that does not exist…

Related

  • Congress Defunds ICE, Opens Door for Migrant Wave…

  • Government Sends Out $600 Checks While Locking Americans Out of Their Business…

  • The Return of the Three-Martini-Lunch Deduction…

  • Congress Agrees to $2.3 TRILLION Spending Package, 900 BILLION COVID Bailout Plus 1.4 Trillion Omnibus Spending…

  • Congress Was Paid Their Full Salary in 2020, But They’re Paying Americans They Put Out of Work $600…

  • Dalai Lama’s Reincarnation Makes an Appearance in Spending Bill…

  • Two New Museums on the Mall…Crackdown on Illegal Streaming…

  • Allows Feds to Import More Foreign Workers as 17.8M Americans are Jobless…

US Capitol

December 21, 2020 at 6:24 pm

THEY ARE SCREWING AMERICANS AGAIN! 6,000 PAGES, 6 HOURS TO READ…

Several members of Congress are taking to social media to complain about the handful of hours they have to read the 5,593-page spending bill…

New_York_Federal_Reserve

December 21, 2020 at 4:54 pm

Research Arm of Congress Confirms that Mnuchin Never Released Bulk of CARES Act Money Earmarked for Fed’s Emergency Loans…

Mnuchin was able to delude the public with the idea that the Fed has just been sitting on over $400 billion of Treasury’s money, so it was time for Mnuchin to claw it back and kill the programs, because that information was inaccurately reported by mainstream media…

December 21, 2020 at 4:28 pm

A Massive Fraud Operation Stole Millions From Online Bank Accounts…

The crooks used emulators to mimic the phones of more than 16,000 customers whose mobile bank accounts had been compromised…

Too Big to Fail Bank skyline

December 21, 2020 at 3:22 pm

The Great Reset: The End of Capitalism As We Know It…

Nothing is as it seems. The world as we knew it was never as it seemed anyway. But now there has been a fundamental change…

Bill Gates

December 14, 2020 at 6:53 pm

Gleeful Bill Gates, Keep Restaurants and Bars Closed for Six Months, Allow Slow Return to New Normal Activity in 2022…

The technocrats of modern globalism have a way of carrying inappropriate gleefulness as they laugh, smile and pontificate their detachment from life under their control…

Goldman_Sachs

December 14, 2020 at 6:13 pm

The Supreme Court to Consider Goldman Sachs Case Making It Tougher for Shareholders to Bring Class-Action Lawsuits…

Goldman contends it was denied justice by the lower court because, in the Halliburton ruling, the Supreme Court “made clear that a defendant must be afforded a meaningful opportunity at the class-certification stage to rebut the Basic presumption, by showing that the alleged misrepresentation had no impact on the price of the relevant security.”…

Nancy_Pelosi_Perfect_Hair

December 11, 2020 at 12:47 pm

GOP Leaders Link Rising Jobless Claims to Pelosi’s Intentional Delay on Small Business Relief…

House GOP Whip: “These small businesses don’t have the time to wait on a new president or some political game by the speaker before they make a decision on whether or not they will close for good.”…

Bob_Unanue_Goya

December 8, 2020 at 8:29 pm

Goya CEO Says AOC Was Named ‘Employee of the Month’ After Her Boycott Call Led to Sales Spike…

Bob Unanue: ‘When she boycotted us, our sales actually increased 1,000%’…

Di_Dongsheng_China_Professor

December 8, 2020 at 8:28 pm

Tucker Carlson Highlights Beijing Admission About How China Controls DC Politicians…

President Trump’s MAGAnomic and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each policy objective; they have been outlined for a long time even before the election victory in November ’16…

Sorry_We_Are_Closed_626

December 8, 2020 at 7:14 pm

Restaurant Industry Warns of “Economic Free Fall” As 110,000 Eateries and Counting Are Permanently Shuttered…

The National Restaurant Association (NRA) sent a damning letter to Congress today (Dec. 7) addressing the collapse of more than one hundred thousand restaurants across the country this year because of the virus pandemic…

Wall_Street_Main_Street

December 4, 2020 at 6:43 pm

House Hearing: Wall Street Gets Bailed Out by Fed; Main Street Gets Sold Out…

Before we get into the guts of yesterday’s hearing, it’s important to have the background on how Wall Street was bailed out and Main Street was sold out the last time around – as the parallels are downright eerie…

Online_Shopping

December 2, 2020 at 7:02 pm

Online Spending Hits Record on Cyber Monday…

With this year’s Cyber Monday now in the books, it officially broke last year’s $9.4 billion as consumers spent a record $10.8 billion, according to Adobe Analytics…

China_UBS_SOPA_Images_GettyImages

December 1, 2020 at 8:05 pm

Firm That Owns Dominion Voting Systems Received $400 Million From Swiss Bank Account Funded by Communist Chinese Gov & Companies Before Election…

An investigation into SEC filings has revealed that the firm which owns Dominion Voting Systems received $400 million dollars from a Swiss bank with close links to the Chinese government less than a month before the election…

JPMorgan_Chase_and_Co

November 30, 2020 at 7:04 pm

Both Citigroup and JPMorgan Have Now Received Huge Fines for Crimes the Regulators Won’t Reveal…

Whatever the reason, the darkness that started growing around the crimes committed by the big Wall Street banks during the Obama administration has now evolved into such a complete dark curtain that regulators are refusing to say what the crimes actually are that are being settled for huge amounts of money…

Commodities_Bonanza

November 24, 2020 at 6:20 pm

JPMorgan Makes $1B from Gold Trading After Paying $1B Fine for Manipulating Gold Trading…

The math simplified: JPM has spent $1 billion over the lifetime of its precious metals rigging, ensuring it has full indemnity from future manipulation claims, allowing allow it to make $1 billion in revenue in just one year…

PPP_Bankruptcy

November 23, 2020 at 7:11 pm

Hundreds of Companies That Got PPP Loans Have Gone Bankrupt…

The total number of companies that failed despite getting PPP loans is likely far higher. The Journal only analyzed the big borrowers from the program, which accounted for about half of the overall loans though only about 13.5% of the total participants…

Farming_pesticides_roundup

November 18, 2020 at 7:51 pm

Soybeans Near $12 Per Bushel As U.S. Farmers Celebrate Surging Prices…

“It started with better-than-expected demand, particularly from China as they bought soybeans because they needed them as part of the Phase 1 trade deal,” he said…

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Editor’s Picks

Trump Pardons 77 Citizens Targeted by Democrats in 2020 Election Lawfare…

U.S. Department of Labor Launches Project Firewall to Protect America’s Highly Skilled Workforce…

Supreme Court Takes up Case Challenging Ballot Counting after Election Day…

Ukraine – Zelenski Friend Accused in Energy Sector Corruption Case…

Trump’s Response to Nancy Pelosi’s Retirement Was Hilarious…

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