Independent thinking for complex markets and current events
The House of Representatives on Wednesday passed a three-month stopgap bill to avert a government shutdown in 341-82 vote. The bill included $231 million for the Secret Service “to carry out protective operations including the 2024 Presidential Campaign and National Special Security Events.” The measure did not include the SAVE Act which requires proof of …
Unveiling a little-known intervention, the Federal Reserve injected $152 billion into big banks in March 2023, surpassing aid provided during both the 2008 and 2020 crises. As regional banks, grappling with precarious balance sheets, increasingly turn to the discount window for support, questions arise about the Fed’s strategy and the future of banking stability. I …
The US government inflated prices so high that families are going hungry. They then encourage citizens to donate food to prevent them from rioting. — Darth Powell (@VladTheInflator) March 22, 2024 Don’t read these headlines in passing. Stop & give to your local food bank. This is a subject near & dear to many of …
https://archive.is/0p7wA#selection-2393.4-2393.73 by Ambrose Evans-Pritchard “Temporary measures have calmed the market but half of all US banks are running short of deposits with assets worth less than their liabilities, and we are talking about $9 trillion,” he said. “They are bleeding capital and could not survive if something triggers a sudden loss of confidence. It is …
Senate and House leaders announced on Sunday that they had struck an overarching agreement on 2024 government funding, but it was not clear whether they would be able to cement the deal and pass it into law in time to avert a partial government shutdown in less than two weeks. After weeks of negotiations and …
House Speaker Mike Johnson told colleagues on Sunday that Congressional negotiators have reached a topline spending figure to avert a federal government shutdown on Jan. 19 for some government agencies, and Feb. 2 for others. According to a Sunday “Dear Colleague” letter, the topline deal – which mostly adheres to a deal reached between the …
via UN.org: FROM: THE SECRETARY-GENERAL To: His Excellency Mr. Jose Javier de la Gasca Lopez Dominguez President of the Security Council New York 6 December 2023 Dear Mr. President, I am writing under Article 99 of the United Nations Charter to bring to the attention of the Security Council a matter which, in my opinion, may …
The Republican-held House of Representatives voted Tuesday to pass Speaker Mike Johnson’s two-part continuing resolution (CR) to avoid a government shutdown on Nov. 17. Johnson’s plan, the “Further Continuing Appropriations and Other Extensions Act of 2024,” would temporarily extend a majority of federal funding through Feb. 2, as well as four other appropriations bills until Jan. …
Lawmakers will return to Capitol Hill this week with only a few days to avert a government shutdown. Under current congressional funding authorizations, the government is set to go into a shutdown on Nov. 17. When lawmakers return to the Capitol on Nov. 13, they’ll only have four days until this deadline. Every year, Congress needs …
Despite Germany’s substantial infusion of state aid into its economy, the nation continues to grapple with recession and experiences the slowest growth rate among its counterparts. https://twitter.com/MichaelAArouet/status/1718624015755936251
RINO scum, voting with the Dems. Rep. Andy Biggs, R-Ariz. Rep. Dan Bishop, R- N.C. Rep. Lauren Boebert, R-Colo. Rep. Ken Buck, R-Colo. Rep. Tim Burchett, R-Tenn. Rep. Eric Burlison, R-Mo. Rep. Michael Cloud, R-Texas. Rep. Eli Crane, R-Ariz. Rep. Matt Gaetz, R-Fla. Rep. Paul Gosar, R-Ariz. Rep. Marjorie Taylor Greene, R-Ga. Rep. Wesley Hunt, …
Much appreciated, Walter. The onus is meaningfully different if I refused to act upon a request from Ukraine vs. made a deliberate change to Starlink to thwart Ukraine. At no point did I or anyone at SpaceX promise coverage over Crimea. Moreover, our terms of service clearly… https://t.co/jmNtScM5LY — Elon Musk (@elonmusk) September 9, 2023 …