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They are going to turn California Red. Whats the logic behind this bill? California is passing Bill 553, which makes it illegal to confront or fight back against looters, burglars and shoplifters. You’ll be fined $18,000 if you intervene. It puts every employee at the mercy of criminals. pic.twitter.com/9f9VbEFfKr — Ian Miles Cheong (@ianmiles) September …
https://twitter.com/Markbhere2/status/1698544823744278833 STATE FARM started this earlier this year. FARMERS and All State insurance started last week. CA Exodus for insurance providers. Farmers Insurance is laying off approximately 11% of its workforce in an effort to protect “long-term profitability.” The decision comes one month after Farmers said it wouldn’t expand its property-insurance business in California beyond …
China’s shadow-banking industry threatens its financial system Shares in xinhua trust, a Chinese shadow lender, are selling for rock-bottom prices. The outfit went bankrupt in May, becoming the first Chinese trust to fall in more than two decades. Since then chunks of the firm have been put up for sale on Taobao, an online e-commerce …
https://twitter.com/MattWallace888/status/1698843661339869694 Elon Musk threatens to sue the ADL… https://twitter.com/_/status/1698828606598734225?ref_src=twsrc%5Etfw “#TheADLFiles showing the ADL’s requests to ban and censor X (Twitter) accounts will be released next week!” https://twitter.com/_/status/1698814517940298058 https://twitter.com/_/status/1698826357466132690 https://twitter.com/_/status/1698832157135819048 https://twitter.com/_/status/1698838235152044151 https://twitter.com/_/status/1698859208660361299 Elon Musk: “Facebook caved to far left pressure groups and now allows them to silently dictate policy in exchange for ad money” https://twitter.com/_/status/1698858685618143439 https://twitter.com/bennyjohnson/status/1698843367369588865
by confoundedinterest17 You know Bidenomics isn’t working at all when the best I can say about it is … the current housing bubble isn’t as bad as the house price bubble of 2006. We are truly in Biden’s ShamWow economy! Yes, if I look at real home prices less real median earnings we can see that …
Maui Coincidences 1. The police chief was the same man in charge of the Las Vegas shooting. 2. Properties owned by millionaires and billionaires like Jeff Bezos, Oprah, and the founder of Paypal remained untouched while the land of the natives burned only a few feet away literally 3. The island has the largest system …
by myironlung6 Gather round for some Big Short, Margin Call level shit… The goal of this post isn’t to accuse any financial firm or Nvidia of breaking any laws because we all know our existing laws let the big dogs do whatever the fuck they want with zero consequences. It’s to start figuring out whether we’re …
The Global War on Thought Crime Laws to ban disinformation and misinformation are being introduced across the West, with the partial exception being the US, which has the First Amendment so the techniques to censor have had to be more clandestine. In Europe, the UK, and Australia, where free speech is not as overtly protected, …
Is our honeymoon with the electric vehicle finally over? A study found that one in five early adopters of EV cars and trucks are returning to gas-powered vehicles. As a result, used EV prices are freefalling. Why are early EV adopters returning to ICEs? The Journal Nature published a study revealing that of the folks …
Since the Fed's peak (so far) holdings of MBS hit $2.74T in April 2022, they've "run off" $242B, about 8%, over 16 months. In just TWO months in 2020 they monetized $500B. At that time, Case-Shiller home prices were up near 5% YOY, on their way to 22%. They owned $0 MBS in 2008 pic.twitter.com/vm3uyuDcq3 …
CNBC’S LIST OF ‘WORST STATES TO LIVE IN’ PERFECTLY ILLUSTRATES THE LEFT’S POLITICAL PATHOLOGY: If you live in a red state, you probably consider yourself lucky. In most cases, doing so means you’ve got a baseline of freedom granted to you that many other Americans don’t have. Certainly, the fact that, by the numbers, people …
by Michael Joe Biden just can’t quit fibbing. On Labor Day, he traveled to Philadelphia where he delivered a speech touting the success of “Bidenomics”. Who does he think he is fooling? The American people aren’t buying that nonsense. They know that prices are out of control at the grocery store. They know that the …
Banks are tightening lending standards consistent with levels that have ALWAYS led to a recession Buckle up pic.twitter.com/OjXqe4OpZN — Bravos Research (@bravosresearch) September 4, 2023 https://twitter.com/RJRCapital/status/1698498854453227530 The current yield curve inversion is at the same level as 1928. Let that sink in. pic.twitter.com/zEEaqCMETP — Bravos Research (@bravosresearch) September 4, 2023
At the same time, homebuyers are now putting FAR LESS down than the 2008 era. The average downpayment was 14% in 2020 and now 18%, well below the 22%+ seen in 2008. All while interest rates hit 30-year highs. Follow us @KobeissiLetter for real time analysis as this develops. pic.twitter.com/ApTjkIQuRp — The Kobeissi Letter (@KobeissiLetter) …
Their sickness permeates damned near everything! Madness pic.twitter.com/tvklQjpU3S — James Woods (@RealJamesWoods) September 4, 2023 View post on imgur.com pic.twitter.com/rccPLizeCr — Paul Hookem (@PaulHook_em) September 4, 2023 h/t PURA SANGRE
Some NHS patients could be prescribed the Wegovy weight-loss drug after limited stock arrived in the UK. The injection will be offered by some specialist NHS weight-loss management services, as well as some private clinics. As doses become available, it could help tens of thousands of patients in England, the NHS said. There has been …
Like houses, many people are locked-in to low auto loan rates. However, homes last much longer than cars do. As people sell cars bought over the last ~4 years, they are entering a much higher rate environment. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) September 3, 2023 …
Amid China’s recession, local governments across the country have been amassing significant debt. Since last year, there have been ongoing reports of salary cuts for civil servants in various regions. Now, local government debt has gotten out of control, with many even defaulting on their obligations. Starting from August 18, the Chinese Communist Party’s official …
by DesmondMilesDant The data in this graph is alarming. It shows that the US government’s interest payments on the federal debt are increasing as a share of the nation’s economy. This is unsustainable and will eventually lead to a fiscal crisis. The Debt Problem in America Is Only Getting Bigger The US is facing a grave …
Food costs 13% more under Biden than it cost under Trump. Everything is more expensive. That’s Bidenomics. pic.twitter.com/Xi01c7w3qk — Paul A. Szypula 🇺🇸 (@Bubblebathgirl) August 25, 2023 "[The public is] focused on how to pay for food. Gasoline costs. Nobody is buying a house. Nobody talked about that last night." Democratic presidential candidate @RobertKennedyJr reacts …
https://www.reuters.com/world/us/one-death-reported-burning-man-thousands-stranded-mud-rain-2023-09-03/ They’re being told to Shelter In Place And Not to Leave They Are Under Lockdown Proof: All Roads Closed AC
61% of Americans are on the same boat 🚤 🤦🏻♂️ Inflation has hit us all. Regardless of household income pic.twitter.com/MfJZF3qv1x — Oscar Herrera (@OscarEnjoylife) September 2, 2023 61% Of US Workers Live Paycheck-to-Paycheck, 21% Struggle With Bills More consumers of all income brackets reported living paycheck to paycheck in July 2023 than last year. Spending …
Kevin O’Leary warns chaos is about to begin for US economy: ‘Wake up and smell the roses’ “We have a crisis emerging. … I’m talking about companies with five to 500 employees, which represent over 60% of our economy,” O’Leary said. “If you’re in the S&P 500, you have no trouble financing your business. You …
Burning Man ‘shelter in place’: Mud closes roads; thousands told to conserve water, food The Gate and airport in and out of Black Rock City remain closed. Ingress and egress are halted until further notice. No driving is permitted except emergency vehicles. If you are in BRC, conserve food, water, and fuel, and shelter in …
From Peter Reagan at Birch Gold Group Corporate media headlines like Biden’s Economy Is the Best Ever or The Bidenomics Success Story leave one big question unanswered… Who is better off? (Lest we forget, “the economy” isn’t a citizen.) Are you better off than you were thirty months, two and a half years ago? Let’s set “the economy” aside for a moment. It’s easy to …
by Bennyandthejetz1 So I recently received a statement from our mortgage company outlining this years increased costs. An increase of nearly $200.00 a month. Now I’m sure to many $200.00 isn’t a lot but let’s follow this logically. Me a homeowner on a fixed rate mortgage now has to spend an additional $200.00 a month due to …
via energyandgold: In this month’s conversation with 321gold founder Bob Moriarty we discuss the negative investor sentiment in the junior mining and commodities sectors. Bob also believes that investor sentiment on the US stock market has reached frothy levels, and the broader stock market is set up for a crash as soon as September. We then delve …
by DesmondMilesDant falling interest rates for 40 years (between 1980 and 2020) means that every year money got cheaper to borrow when money gets cheaper to borrow, people and corporations borrow it and buy stuff with it, fueling bubbles in stocks and real estate meanwhile, other sectors crucial to supporting human life like commodities get …
The Census has an easily accessible program called QuickFacts that gives a snapshot of cities, towns, etc with lots of data. Most importantly, it gives the population. As of 2022. Since much of the subsequent info QuickFacts provides will be in percentages, the current or most recent population number is important. It’s gone for Lahaina. …
by UniversalSurvivalist UN – CYBER CRIME TREATY. Today, state representatives will meet in New York to discuss the draft text of the convention, which is the basis for the final treaty. Negotiations will continue into early 2024, with the aim of adopting the treaty during the UN General Assembly in September 2024 (Just in time for the implementation …