The Consumer Financial Protection Bureau (CPFB) was originally created by congress (Elizabeth Warren lead) as a quasi-constitutional watchdog agency to reach into the banking and financial system, under the guise of oversight, and extract money by fining entities for CFPB defined regulatory and/or compliance violations. Essentially, the CFPB is a congressionally authorized far-left extortion scheme […]
Finance
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Cash4Covid: How Hospitals Are Making Money Off the Wuhan Virus…
Hospitals in the US are getting money for diagnosing Covid19. They get more money if those patients are then put on ventilators. It’s time we really started thinking about what that means. Early on in the launch of the Sars-Cov-2/Covid19 “pandemic”, it was revealed by Dr Scott Jensen that hospitals in the US were getting […]
Consumers Woke Weary? Nike Reports Surprise $790 Million Loss, 46% Plunge in North American Sales…
Sports giant Nike reported a surprise loss Thursday as shutdowns due to COVID-19 prompted a big drop in revenues in spite of higher online sales. Nike reported a loss of $790 million in the quarter ending May 31, which translated to a loss of 51 cents per share compared with analyst expectations for nine cents […]
Big Win for All Americans: Federal Judge Upholds Trump’s Hospital Price Transparency Rule…
“BIG VICTORY for patients – Federal court UPHOLDS hospital price transparency,” President Trump wrote on Twitter on Tuesday. “Patients deserve to know the price of care BEFORE they enter the hospital. Because of my action, they will. This may very well be bigger than healthcare itself. Congratulations America!” Judge Carl Nichols granted the administration’s motion […]
Bayer Settles Glyphosate Cancer Lawsuits for $10.9 Billion…
Bayer-Monsanto have announced that the company will make a total payment of $10.1 billion to $10.9 billion (€9.1 billion to €9.8 billion) to settle the non-Hodgkin’s Lymphoma Roundup litigation in the U.S.. Roundup is the most sold glyphosate-based herbicide in the world. Bayer also settled Wednesday the recent dicamba drift litigation for payment of up […]
Trump to Cut Immigration by 525,000 in Effort to Open Jobs for Unemployed Americans…
President Trump is suspending five classes of visas through the end of the year in an effort to open more than half a million jobs to Americans, according to three senior administration officials. Trump will extend the 60-day halt he took April 22 toward incoming green card recipients, or those who have been approved to […]
Related
DOJ Charges President and CEO of IT Company for ‘Outrageous’ PPP Loan Fraud…
A 38-year-old Winchester, Massachusetts man is facing federal wire fraud charges after he allegedly used coronavirus pandemic relief loans for businesses to his illicit benefit. Elijah Majak Buoi, described as the president and CEO of an information technology (IT) company, was formally charged on Monday in the District of Massachusetts. According to the feds, Buoi […]
Almost 46 Million Americans Have Now Filed for Unemployment Claims Since Lockdowns Began…
Despite the hope-restoring nonfarm payrolls “recovery” and the over-hyped bounce in retail sales (ignoring the lack of ‘V’ in industrial production), in the last week 1.508million more Americans filed for unemployment benefits for the first time (notably worse than the 1.29mm expected). That brings the thirteen-week total to 45.7million, dramatically more than at any period […]
Trump Administration Prepares $1 Trillion Infrastructure Package to Boost Economy…
The Trump administration is preparing a $1 trillion infrastructure package to boost the nation’s economy following months of lockdowns and business closures during the coronavirus pandemic, according to a report on Monday. The Department of Transportation is taking the lead on the project that would funnel money for roads and bridges, but would allocate funds […]
Key Congressman Seeks Probe Into Why 80% of U.S. Foreign Investor Visas Going to China…
House Judiciary Committee Ranking Member Jim Jordan (R-Ohio) and Rep. Guy Reschenthaler (R-Pa.) have asked the an investigative arm of Congress to investigate China’s involvement in America’s EB-5 Immigrant Investor Visa Program. In a letter Monday to the Comptroller General of the U.S. Government Accountability Office, the lawmakers said the program was meant to encourage […]
Former Bumble Bee Tuna CEO Is on the Hook for Years in Prison Due to Fishy Price-Rigging Scheme…
The former CEO of Bumble Bee Foods on Tuesday was sentenced to more than three years in federal prison for his role in a price-rigging conspiracy scandal that eventually caused the widely known canned tuna company to file for bankruptcy last year. U.S. District Court Judge Edward M. Chen sentenced Christopher Lischewski to 40 months […]
May Retail Sales Surge Most on Record as US Returns to Work After Coronavirus Shutdowns…
U.S. retail sales surged the most on record last month, the Commerce Department said Tuesday, as millions of Americans returned to work following weeks of coronavirus-triggered lockdowns that shuttered the world’s largest economy. Retail sales rose 17.7% in May, the Commerce Department said, well ahead of the 8% forecast and well ahead of the downwardly-revised […]
Bannon: 2020 Election Is All About China…
When Bannon joined the Trump Campaign as CEO in August of 2016, then-candidate Trump trailed Clinton anywhere from eight to fourteen points. Bannon believes Trump’s stunning, come-from-behind 2016 presidential victory represents the rejection of Wall Street corporatists and K Street globalists who for decades off-shored American jobs to China and facilitated the managed decline of […]
President Trump Favors $2 TRILLION Fourth Round Stimulus ‘Focused on Bringing Home Manufacturing Base’ from China…
Speaking with Fox News host Maria Bartiromo, Navarro described the “buy American, hire American, make it in the USA” initiatives that the White House would include in the next round of coronavirus stimulus spending. He signaled support for a two trillion, manufacturing-focused program: “There’s talk about a three trillion program by Nancy Pelosi, [and] you […]
Biden Promised He’d ‘Make Good’ on U.S. Paying China Despite China Owing U.S. 1.6 TRILLION…
The forum, held on August 21 at Sichuan University in Chengdu, China, occurred amid hysteria surrounding the United States’ financial downturn and surging deficit exacerbated by the Obama Administration’s policies. Just weeks before, America’s credit rating was downgraded for the first time in history by Standard & Poor’s. Questioned by a medical student in attendance […]
Failed State Walking…
I love America. It’s the land of my birth, my education (Go Beav’s), my children’s births, and where I live and will eventually die. I did spend about five years living in Europe and Asia and loved it…but my home is and will be the vast expanse of the Western US. So, when I’m critical […]
Secret Service Stopped $1B in Fraudulent Claims for Wuhan Virus Aid…
The Secret Service has identified and thwarted approximately $1 billion worth of fraudulent claims seeking federal aid amid the coronavirus pandemic, a senior government official told lawmakers. Michael D’Ambrosio, assistant director of the Secret Service’s Office of Investigations, testified before the Senate Judiciary Committee Tuesday that the agency has initiated more than 100 criminal investigations […]
Fed Expects Interest Rates to Remain Zero Through 2022, GDP to Rebound by 5% Next Year…
The Federal Reserve on Wednesday projected that interest rates will remain near zero through 2022 and pledged to continue supporting a U.S. economy devastated by the coronavirus pandemic and the related lockdowns. The Federal Open Market Committee, in a unanimous statement, reiterated previous guidance that the benchmark federal fund rate will stay at a range […]
Manufacturing Company in Minneapolis Since 1987 Leaving City After Violent Protests…
A Minneapolis manufacturing company, whose plant burned amid civil unrest following George Floyd’s death, is leaving the city after nearly four decades and taking dozens of jobs with it. The president and owner of 7-Sigma Inc. Kris Wyrobek felt inclined to do so after he says he lost trust in public officials during the riots […]
House Republicans Propose Offering Americans a ‘Return to Work Bonus’…
House Republicans are proposing a $1,200 bonus for Americans returning to work as the coronavirus pandemic slows, providing an alternative to Democrats’ plan to extend the extra $600 a week in unemployment benefits included in virus-related stimulus legislation. Republicans on the Democrat-controlled House Ways and Means Committee cited an analysis from CBO to support their […]
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