Independent thinking for complex markets and current events
Vowing that “California won’t wait” until the next mass shooting to act, Gov. Gavin Newsom on Sept. 24 signed a package of bills with a goal of strengthening firearms regulations and preventing gun violence. One new law, Assembly Bill 2642—authored by Assemblyman Marc Berman and also known as the PEACE Act—prohibits intimidation, threats, coercion and …
Customers at a billion-dollar bank say they’re shocked after a worthless trip to the ATM. More than a dozen people received fake $100 bills marked “for motion picture purposes” and “in props we trust” when they visited an Independence Bank ATM in Providence, Kentucky, reports the NBC-affiliated news station WFIE. Among the victims is Tiffany …
Half of the people taking on student loans in this country now expect to get their loans forgiven by the government at some point in the future. But really what that means is that you and I the taxpayer will be footing the bill for that also creates this narrative for young people that they …
by Michael Do you remember how painful the Great Recession was? 2008 and the years immediately following were definitely a very dark chapter in our history, but a new study has actually found that the percentage of Americans that worry they won’t be able to pay their bills is actually higher today than it was …
JUST IN: More than 33% of US consumers are now worried about making ends meet over the next 6 months. This includes 30% of Americans earning $150,000 or more annually, according to the Fed survey of 5,000 respondents. Over the last 12 months, 43% of all surveyed consumers and… pic.twitter.com/fRqJlcbOUv — The Kobeissi Letter (@KobeissiLetter) …
Nvidia’s stock surge is fueling the tech and AI boom, driving up demand for data centers, which significantly increases energy consumption and strains local power grids, causing higher energy costs and potential blackouts. As the AI boom continues, the need for sustainable energy solutions like nuclear power is becoming critical to support the escalating energy …
Shannon McKenney Shubert, with the Michigan Breastfeeding Network, and Tameka White, a Certified Lactation Counselor, with their kids, testifying to the House Judiciary Committee, May 15, 2024. | Screenshot A five-bill package that would prevent landlords from denying renters based on their source of income passed through the Michigan House Judiciary Committee Wednesday, with testimony …
Soros gives far-left @BrennanCenter millions. Company led by Judge Merchan's daughter starts advising them. Brennan Center crafts legal challenge to remove Trump from Colorado ballot. LAWFARE. pic.twitter.com/x9SHCJNvrE — Natalie Winters (@nataliegwinters) May 13, 2024 Alex Soros with Cindy McCain, plotting against Trump (photo). Alex Soros with Cindy McCain, plotting against Trump. pic.twitter.com/tGggX8pidu — Citizen Free …
TikTok user @fouronacouch revealed that she makes $2,500 a month after taxes After paying her rent and monthly loan bill, she was left with just $25 Many viewers were shocked by entry-level teacher’s salary https://www.dailymail.co.uk/femail/artic…enses.html A 23-year-old has shed light on the difficulties of making a living as a public school teacher after breaking down …
I guess people are saying F it? “The Chicago FED just reported a deep concern for the rising delinquencies on all forms of consumer debt, including credit card, delinquencies, auto loan delinquencies, student loan, delinquencies and non payment of rent. This cascading wall of debt is not only hitting consumers but the U.S. economy as …
NEW: House fails to pass border security bill with Remain in Mexico policy The GOP led House only managed to get 5 Democrats to join them The GOP-led House failed to pass a border security bill with a two-thirds majority vote on Saturday. The bill that would have reinstated the “Remain in Mexico” policy failed …
The three foreign aid bills would provide $26.4 billion to support Israel, $60.8 billion to bolster Ukraine and $8.1 billion to counter China in the Indo-Pacific, including billions for Taiwan. The Israel measure also includes more than $9.1 billion to address Palestinian humanitarian needs, which Democrats said was necessary for their support. h/t Buzzcheeze
Speaker Mike Johnson’s foreign aid package will advance to the floor, after Democrats on the Rules Committee stepped in to counter conservative defections. The contentious panel vote tees up the four-bill plan for floor consideration on aid for Ukraine, Israel and Taiwan, as well as a fourth bill of related GOP policy priorities meant to entice …
Speaker Mike Johnson has released text of his four-part proposal to send aid to Israel, Ukraine and Taiwan, moving ahead with the plan that’s fueling fresh conservative demands for his ouster. Aid to Israel, Ukraine and Taiwan is split into three different bills, with a fourth that would seize Russian assets, force a TikTok sale …
Despite expectations of inflation tapering, the Federal Reserve’s favored inflation gauge surpasses 8%, highlighting ongoing economic strains. March’s Consumer Price Index (CPI) records a significant uptick at 3.5%, the highest since September 2023, with Core CPI outperforming forecasts for four consecutive months at 3.8%. Amidst this backdrop, concerns loom over the sustainability of rising power …
President Biden used campaign donations to help pay his legal bills last year during the special counsel’s probe into his handling of classified documents, according to two people familiar with the matter and an Axios review of campaign finance records. Why it matters: The payments, made through the Democratic National Committee, are at odds with the Biden campaign’s recent attacks …
After two years of legislative debate and loud and persistent grassroots citizen activism, the Georgia Assembly voted to beef up security in Georgia’s elections substantially. According to election security activist David Cross, one of the most significant changes will be the addition of a”visible watermark security feature” on ballots that will identify each ballot as …
1 billion $USD per page, not bad 🤭 https://t.co/G7p5e1eLLk — JustDario 🏊♂️ (@DarioCpx) March 22, 2024 Congress’s recurrent passage of Omnibus Spending Bills has become a concerning hallmark of US fiscal policy. These bills, notorious for their labyrinthine complexity and rushed voting processes, encapsulate the unchecked expansion of government spending. The latest iteration, a whopping …
New data from Vanguard shows that Americans are pulling a record amount of money from their retirement accounts to pay their bills. Most notably – the share of customers making an emergency hardship withdrawal from their 401k spiked to 3.6% in 2023 – the highest rate on record.
Tens of thousands of illegal immigrants are flooding into U.S. hospitals for treatment and leaving billions in uncompensated health care costs in their wake. The House Committee on Homeland Security recently released a report illustrating that from the estimated $451 billion in annual costs stemming from the U.S. border crisis, a significant portion is going …
Honestly, I’m surprised that turned out the way it did. The guy must not have been very important for his media allies to just up and abandon him like that. h/t Jaded_Jerry
America’s electricity bills have emerged as an unexpected driver of inflation despite energy costs in general moving downwards. January’s inflation data shows the electricity index rose 3.8 percent in the last year – above the 3.1 percent overall figure. But a new study by Texas Electricity Ratings reveals how some bills can vary by as much as $2,400 between …
A lot of Texans are falling behind on their credit card bills 😬 pic.twitter.com/NJZLFvlJjY — Amy Nixon (@texasrunnerDFW) March 4, 2024 In the Texas economy this is really amplified. Lots of 50k millionaires driving 80k trucks — Amy Nixon (@texasrunnerDFW) March 4, 2024
In a shocking turn of events, the implementation of Democrats’ climate action plans has led to an unforeseen consequence: a drastic surge in utility bills, leaving consumers grappling with increases of up to 127 percent over the last decade. The relentless push for climate spending, spanning wildfire prevention, transmission capacity expansion, and renewable energy initiatives, …
It's a terrible idea to put forward and pass a bill that tries to secure other countries' borders before we secure our own. We need to address our problems here at home in a REAL way. — Rand Paul (@RandPaul) February 8, 2024 The only reason we are considering this legislation now is so Schumer …
Well, it seems like the art of decision-making is truly evolving. Nancy Pelosi supports Biden’s border bill—which she hasn’t yet read 😂 pic.twitter.com/QP76PoMyaK — Julia 🇺🇸 (@Jules31415) January 29, 2024 Nikki Haley says she trusts the E. Jean Carroll jury verdict and thinks “they made their decision based on the evidence.” pic.twitter.com/HJMDZiaVIW — Julia 🇺🇸 …
M2 money supply is contracting for the FIRST time since the 1930s ht g.o.t. pic.twitter.com/saWAj4OSoS — Win Smart, CFA (@WinfieldSmart) January 14, 2024 In the intricate web of economic indicators, a disconcerting picture emerges, suggesting a looming period of stagnation. The M2 money supply is contracting for the first time since the 1930s, a historical …
via schiffgold: Bills filed in Florida and Oklahoma for the 2024 legislative session would create state precious metals bullion depositories. State-run bullion depositories would not only create a place to store precious metals; they could also encourage the use of sound money in those states and set the stage to undermine the Federal Reserve’s monopoly …
(Breitbart) Three Republican state lawmakers are drafting legislation to remove President Joe Biden from ballots in Georgia, Arizona, and Pennsylvania, Breitbart News exclusively learned Friday. If Biden is removed from the ballots, the president will have difficulty winning the Democrat primary and presidential election. Georgia, Arizona, and Pennsylvania are vital swing states. The three state …
