Mark Nelson: ‘This is one of the most extraordinary examples of a German leader saying one thing to avoid action on pronuclear sentiment, then saying the opposite once the reactors closed.’

Weeks before Germany's nuclear closed, utility giant @RWE_AG CEO Markus Krebber rejected calls to save them: "There is still enough electricity" The reactors close. Six weeks later Krebber says: "Germany has a serious problem: We don't have as much energy …

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Ocasio-Cortez is a prime candidate to head the House subcommittee responsible for overseeing oil and gas drilling on public lands, advancing a progressive climate agenda.

Democratic Rep. Alexandria Ocasio-Cortez, who led the charge for progressives’ once-fringe Green New Deal, is now just one election away from chairing the House subcommittee responsible for overseeing America’s oil and gas drilling on public lands, E&E News reported Tuesday. …

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Pentagon defends LGBT priorities

US Department of Defense officials have decried new laws in various states that push back against LGBTQ activism – such as bans on sex-change surgeries for children – arguing that the legislation could undermine the readiness of America’s military. “LGBTQ+ …

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China Setting Up Spy Base in Cuba

JUST IN – Cuba to host Chinese spy base to eavesdrop on the United States — WSJ — Disclose.tv (@disclosetv) June 8, 2023 BREAKING: China will pay Cuba to host a secret spy base from which Beijing will be able …

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Gary Gensler: “In the Dodd-Frank Act of 2010, Congress directed federal agencies, including the SEC, “to remove any reference to or requirement of reliance on credit ratings” from our rules and to substitute an appropriate standard for credit-worthiness This final rule fulfills Congress’s wishes”

by Dismal-Jellyfish Source: https://www.sec.gov/news/statement/gensler-statement-credit-ratings-060723 Today, the Commission is considering adopting a set of final rules to remove references to credit ratings from Rules 101 and 102 of Regulation M (Reg M). I am pleased to support these rules because they …

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In April, consumer credit (AKA consumer DEBT) increased at a seasonally adjusted annual rate of 5.7%. Revolving credit (credit cards) increased at an annual rate of 13.1% , while nonrevolving credit (student loans, personal loans, mortgages) increased at an annual rate of 3.2%.

by Dismal-Jellyfish Source: https://www.federalreserve.gov/releases/g19/current/g19.pdf Remember, From 1st quarter 2022 to 1st quarter 2023, total household debt has increased $1,205 billion to $17.05 trillion (+7.57%)–Mortgage balances ($864 billion), HELOC ($22 billion), Student loans ($14 billion), Auto loans ($93 billion), Credit Card debt ($145 …

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SEC just voted yes to stop fraud and manipulation on security swaps

by robotwizard_9009 Meeting https://www.sec.gov/news/upcoming-events/open-meeeting-060723 Agenda https://www.sec.gov/os/agenda-open-0607023 voted yes!!! huge!!!! ITEM 1: Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps; Prohibition against Undue Influence over Chief Compliance Officers The Commission will consider whether to adopt rules under the …

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Rent is too damn high!

Evelyn Arceo holds down a full-time job as a baker at Universal Studios Hollywood, earning $19 an hour. But even when she gets a few hours of overtime at the theme park, the single mother of four can barely afford …

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