A hub for independent voices and hard truths
China’s central bank has made a historic move by injecting a record $112 billion into the financial system, according to reports from Bloomberg. This substantial cash injection comes as the Chinese yuan experiences depreciation against the US dollar, posing challenges …
by TonyLiberty Taxes kept climbing. People moved. Population shrinking, tax base shrinks. Seems straight forward. Time to cut back on taxes and things will rebound. I’m not a Trumpian but just cut taxes at the state level back to early …
Costco had their Q1 2024 Earnings announcement today and dropped that they will be giving a $15 special dividend on Jan 12, 2024… This will total $6.7 billion paid out to shareholders. The snapshot is going to be taken on …
by confoundedinterest17 We are on a Highway To Hell! Massive Federal Budget deficits and staggering payments to Treasury from The Fed (losses on balance sheet) and $212 TRILLION in unfunded promises to the non-elites. Under Modern Monetary Theory (or print money …
Zelensky faces impossible task ahead of meetings in Washington As CNN reported last week, there is just about $2 billion still available in the eyes of the administration the US can send out. There is $4.8 billion left in the …
President Joe Biden on Wednesday warned that American troops could have to fight Russian forces if Congress prevents further aid being sent to Ukraine. He demanded that lawmakers approve his request for tens of billions in military and economic assistance. …
This comes on top of reports that Ukraine is demanding another $400 Billion Dollars, 100’s more tanks, and 12 MILLION new artillery shells. Report: Defense Secretary Warned Congress U.S. Troops Could Be Deployed If Ukraine Aid Is Not Sent Defense …
The Biden Crime Family has added a new grift to replace Ukraine, and a new crime partner, Gavin Newsom. $3 billion grant OK’d for California-to-Vegas high-speed rail The $12 billion fully electric rail line will stretch 218 miles between Las …
by confoundedinterest17 You might as well face it, markets are “addicted to gov.” Government monetary interference, that is. Government money printing and massive Federal spending. According to Goldman calculations, $350BN of liquidity (in USD terms) was added in November from the G4 central banks …
by HighYieldLarry In America, the crisis is never over because it’s never solved. It is just patched and kicked down the road.
Why are we paying for their war? When will we start asking these questions. Give til it hurts you cattle… via RT: Israel’s war on Hamas will cost the country $53 billion and hamper economic growth into 2024, according to …
Autoworker strike cost GM $1.1B, a cost it says it can absorb as it announces massive stock buyback General Motors says pretax earnings took a $1.1 billion hit this year due to a six-week strike by autoworkers, but the company …
via ABCNEWS: Families of children and educators killed in the Sandy Hook Elementary School shooting have made an offer to conspiracy theorist Alex Jones to pay only a fraction of the $1.5 billion in legal judgments they won against him …
The Fed is losing money, currently $120 billion since 2022. They can't send profits to the US Treasury until they earn those losses back. The last line is hilarious.🤣 "The Fed has stressed that losing money in no way impacts …
via slaynews: Democrat President Joe Biden and his administration are pushing for billions of dollars in taxpayer money to fund an aid package for three foreign nations. Biden and Senate Majority Leader Chuck Schumer (D-NY) are trying to get the …
Retailers across New York state say there’s no end in sight to the rising epidemic of organized shoplifting rings — and warn it could lead to more store closures, increased costs for consumers and threats of violence against store employees. …
The recent ruling by the German constitutional court, declaring the government’s Climate Budget fund as illegal and unconstitutional, has delivered a sudden blow, tearing a significant 60-billion-euro hole in the budget virtually overnight. With an additional 200 billion euros at …
A solar company that was awarded a $3 billion Department of Energy loan has been accused of scamming dementia patients on their deathbeds into signing five-figure, multi-decade solar panel leases, according to interviews and state consumer complaint records obtained by …
by confoundedinterest17 Biden’s terrible economic policies and horrid fiscal managment has put stress on The Federal Reserve. The Federal Reserve paid an estimated $76 billion to the Treasury in 2022 while banks’ willingness to lend has plummeted. First, let’s look at Biden’s and …
via breitbart: Out today, Controligarchs: Exposing the Billionaire Class, Their Secret Deals, and the Globalist Plot to Dominate Your Life, blows the lid off of Meta’s pattern of intentionally using harmful and aggressive tactics to get users addicted to social media …
Nancy Pelosi’s remarks on Congress insider trading shed light on the substantial wealth amassed by some members of Congress. The collective net worth of the 50 wealthiest individuals in Congress stands at a staggering $4.8 billion. This considerable wealth stands …
Japan’s SoftBank hit with $6.2B quarterly loss as WeWork, other tech investments go sour Tokyo-based SoftBank loss totaled 931 billion yen ($6.2 billion) in the last quarter, a reversal from the 3 trillion yen profit it posted in the same …
Bank of America $BAC has a $130 billion unrealized loss on their balance sheet and only has $29 billion in income in the last 12 months. pic.twitter.com/MC6LY3ET2F — Kevin Malone (@Malone_Wealth) November 8, 2023 WSJ: Big Banks Cook Up New …
Texas voters overwhelmingly granted themselves a whopping $18 billion property tax cut while establishing dedicated funds to improve and expand state parks, prepare for future statewide water needs and extend the reach of broadband internet to the most remotes parts …
Another record credit card debt Collectively, Americans now owe $1.08 trillion on their credit cards, according to a report from the Federal Reserve Bank of New York. Steadily, persistently higher prices have caused consumers to spend down their savings and increasingly turn …
The recent $185 billion bank bailout in Switzerland has raised eyebrows as the country now contemplates a concerning measure: potentially restricting bank withdrawals to prevent a mass exodus of depositors during future financial crises. This move reflects the growing challenges …
by Agitated_Product_404 In short Warren Buffet and Charlie Munger, two of the greatest investors of all time leading one of the largest funds in the world just increased their cash position yet again this last quarter to $157 Billion. This …
via businessinsider: The US could see a $46 billion wave of distressed high-yield debt next year, BofA warned. That’s because defaults are accelerating and could speed up at 1.5 times the pace next year. Higher interest rates could cause defaults …
via thetimes.co.uk: The government is to hand over £170 billion to the Bank of England to cover losses on its bond-buying scheme over the next decade, new analysis by the central bank suggests. Losses on the Bank’s quantitative easing (QE) …
America is finished if this kind of bipartisan Treason continues. Will America’s Vladimir Putin please stand up and take this country back, the hard way if necessary: 🚨🇺🇸🇮🇱 60,000 HOMELESS VETERANS in the United States and the House just passed …