Independent thinking for complex markets and current events
Mamdani claims $0 deficit… Raids NYPD and Teacher pensions to balance books… Hochul sends $4B lifeline… The $12B NYC shell game… Doesn’t seem like it. pic.twitter.com/J9OoP5xlPX — Fat Santa (@BknDrum) May 13, 2026 Lies pic.twitter.com/ttgiDi13Xc — Mo ⦿ (@108Mj) May 13, 2026 Not quite. Mamdani proposed a balanced budget today, but the 12B gap was …
The Taiwanese Legislative Yuan passed a special defense budget totaling 780 billion NTD ($25 billion USD) to counter rising PRC aggression. The funding is split into two rounds, with 300 billion NTD allocated for immediate purchases of HIMARS, M109A7 howitzers, and Javelin missiles. The second round of 480 billion NTD focuses on anti-ballistic missile systems …
The White House is threatening to slash more UN dues, Trump wants “reforms” including a 10% cut to peacekeeping missions today… USAID has been effectively dismantled, the remaining skeleton crew is being folded into the State Department… UN Secretary General Guterres says the funds are “non-negotiable,” he’s warning of an imminent financial collapse for the …
History remains undefeated. pic.twitter.com/myiyWpunL2 — NON NOBIS DOMINE (@VerumEstLiberta) April 29, 2026
The Senate Appropriations Subcommittee holds a hearing to review President Donald Trump’s Fiscal Year 2027 budget request for the Department of the Treasury with Treasury Secretary Scott Bessent on Wednesday.
Tucker: US is gearing up for a "big war" as the Pentagon's 2027 budget has boosted up to $1.5T. “That's a war budget, a big war budget. So I think it's fair to expect, and all the signs suggest, that we're going to have a big war soon.” pic.twitter.com/ylSOJkKxlg — redpillbot (@redpillb0t) March 13, 2026
Moody’s Ratings has projected a negative outlook for New York City’s finances, chalking it up to the city’s large and persistent projected budget gaps — and citing Mayor Mamdani’s plan to draw down from reserves in order to balance the budget this year. The negative outlook won’t have any immediate impact on the city’s borrowing …
He literally ran on 'tax the rich, NOT you', now his 'last resort' is a 9.5% property tax hike hitting over 3 million regular NYC homeowners & renters to plug a $5.4B hole. the bill always lands on the middle class. pic.twitter.com/csS7ECi3Z7 — Bil@l Ahm@d (@bili_butcher) February 20, 2026
Hence the spending and deficits are congress’s albatross, not POTUS.They own them and they’ll continue to be outrageous from administration to administration because no one in congress will ever force spending cuts or even reasonable spending control. — Dave (@RVA_dave) February 20, 2026
Los Angeles Unified School District holds a meeting to cut 657 cafeteria workers, special ed aides and custodians due to a budget deficit – Superintendent of LAUSD makes $440,000 per year – Deputy Superintendents make $300-400k+ per year – Chief Financial Officer makes $300,000 per year – Chief Academic Officer, Chief Human Resources Officer, Chief …
FOX NEWS: Mamdani aims to cancel 5,000 NYPD officer hires, proposes cut to department's budget — Josh Caplan (@joshdcaplan) February 18, 2026 NYC Mayor Zohran Mamdani aims to cancel 5,000 NYPD officer hires and proposes a cut to the department's budget to address the city's deficit — Fox News — Insider Paper (@TheInsiderPaper) February 18, …
President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire. In the first year of his second term, President Trump has tried to radically reshape America’s economy. He has slashed taxes, raised tariffs to their highest levels in almost a century, unilaterally canceled federal spending, pushed down immigration and …
JUST IN: 🇺🇸 Treasury Secretary Scott Bessent reveals up to 10% of US budget is stolen each year. — Remarks (@remarks) January 12, 2026 WASHINGTON — Hundreds of billions of taxpayer dollars are being squandered on waste, fraud, and abuse each year, Treasury Secretary Scott Bessent shockingly claimed in a recent interview. Somewhere between 5-10% …
Tariffs can’t pay for a $1.5 trillion military, farm bailouts, rebate checks, and the debt at the same time. That math only works if the real plan is borrowing first and explaining later. The bill always shows up after the applause. President Donald Trump proposed giving the Pentagon a 50% raise on its nearly $1 …
https://truthsocial.com/@realDonaldTrump/posts/115855894695940909 U.S. National Debt is growing by $1 million every 15 seconds — $6 billion increase every day. https://www.usdebtclock.org/
Governor Gavin Newsom makes a shocking announcement. The reason why California went from a surplus to a massive deficit is because of climate change Reporter “Can we explain to Californians how we moved from $100 billion surplus to such a significant deficit in just a matter of… pic.twitter.com/YBk0rbomRh — Wall Street Apes (@WallStreetApes) December 25, …
The US government has shifted to financing itself almost entirely through short term Treasury Bills that need to be refinanced every few months, rather than locking in longer term debt. Over the last 12 months, they’ve issued a record $25.4 trillion in T-Bills which now represent about 70% of all Treasury issuance, up dramatically from …
TRUMP FED CHAIR ANNOUNCEMENT LIKELY THIS WEEK Sources, including Treasury Secretary Scott Bessent, say Trump has made his Fed Chair pick, with a strong chance of a reveal before Christmas. Trump confirmed on Air Force One that the announcement is coming soon, possibly Dec. 2–3.… pic.twitter.com/E7T1WnottL — *Walter Bloomberg (@DeItaone) December 1, 2025 Treasury just …
‘This is it, the day we all dreaded, a milestone in Britain’s descent into collectivism of the most repugnant kind. We have just witnessed a monstrous Budget delivered by the worst Chancellor in living memory, an obscene mix of untruths and delusion, a farrago of bile, envy and nastiness that will vandalise our economy and …
This was the biggest October budget deficit on record, surpassing even the 2020 covid firehose https://t.co/VnYskEuXlF pic.twitter.com/8oFgNjtXU2 — zerohedge (@zerohedge) November 26, 2025 Good evening. Interest expense on US debt is now on an annual run rate of over $1.2 trillion. Have a great night. https://t.co/ehjkIuYXoS — James Lavish (@jameslavish) November 26, 2025 (Reuters) -The …
Japan's government says it may "intervene" before the Japanese Yen to US Dollar ratio reaches 160. Over the last 2 months, the Yen has gone from 145 to 157 as a $110B+ stimulus package is coming byu/RobertBartus inEconomyCharts I agree, but does it really solve anything for Japan? With all the helicopter money, a demographic …
via Mike Maharrey The Italian government needs money and wants to tap private gold holdings to get it. Many Italians own undocumented gold. Italian Prime Minister Giorgia Meloni’s government has come up with a scheme to entice people to declare their gold holdings, have them appraised, and then pay a 12.5 percent tax on their …
🚨🇺🇸🇨🇳 BREAKING: US Congressional Budget Office hit by cybersecurity breach; CNN already blames China mere hours after the incident. Follow: @RTSG_News pic.twitter.com/5TN6yVdFTE — RTSG News (@RTSG_News) November 7, 2025 The Congressional Budget Office (CBO) confirmed it was hacked Thursday, potentially exposing key financial research to malicious actors. The Washington Post first reported the breach appeared …
by Mike Maharrey Despite all the talk about DOGE and cost-cutting earlier this year, the federal government spent more in fiscal 2025 than it did the previous year and set a new spending record. However, thanks to an influx of tariff revenue, the fiscal 2025 budget deficit was slightly smaller – if you can call a $1.78 …
Federal layoffs have begun and are substantial. Layoffs won't hit every agency. Director Vought – Punchbowl#MacroEdge — MacroEdge (@MacroEdgeRes) October 10, 2025 The White House says it is making good on threats to fire thousands of federal workers amid a government shutdown now in its 10th day. “The RIFs have begun,” White House Budget Director …
As a confirmed gold bug for four decades i think gold is finally catching up with the ridiculous U.S. budget deficit. — Jim Cramer (@jimcramer) October 8, 2025 Gold crossed $4,000 today. This kind of rapid spike has only happened a few times in history — and it’s never ended well. The pattern goes back …
https://justthenews.com/government/federal-agencies/deficit-slightly-higher-through-august-same-time-last-year-monthly Congress is on its way to missing a “basic” budget deadline for the 29th year in a row, according to the Committee for a Responsible Federal Budget. Meanwhile, the deficit so far into the current fiscal year is larger than the same period last year. “We’re less than a month away from a possible …
by Mike Maharrey Despite the significant increase in tariff revenue, the U.S. continues to run massive budget deficits. The budget shortfall for fiscal 2025 has already exceeded last year’s deficit. So much for import duties paying for the government. That’s because Uncle Sam doesn’t have a revenue problem. He has a spending problem. The Trump …
Congressman Tim Moore has been quietly accumulating massive amounts of TZA, a 3X-leveraged ETF that rises when the Russell 2000 Index, which tracks small-cap U.S. companies, falls. In plain terms, he is betting aggressively against the very market that represents thousands of American businesses. This is not ordinary speculation. Moore sits on the House Committees …
https://www.youtube.com/watch?v=qZwCEQjo2qc You can’t plan a budget with a failing dollar, because groceries next week could cost 20% more than they do today.