A hub for independent voices and hard truths
The numbers are starting to stack up. The US debt ceiling was raised by $5 trillion in 2025 through the One Big Beautiful Bill Act. The new limit is now around $41.1 trillion. That gives Washington more room until 2027. …
$VIX down -44% in 5 days.Be fearful when others are greedy. — kpak (@kpak82) November 28, 2025 25% of the ~$3.2 trillion ($800bln) being financed via SOFR has been borrowed above the Fed’s upper bound …for almost three weeks now …
With the Fed & uniparty hurtling us down the road to Venezuela del Norte, converting our Fed confetti into REAL money is a no-brainer. China just smashed another milestone in its war on dollar dominance. Official figures show overseas renminbi …
Government shutdowns happen when Congress fails to pass funding for federal agencies. That means many workers get furloughed, services stop, and contracts freeze. Money the government already owes, like Social Security, Medicare, and bond interest, still has to be paid. …
BREAKING: NYT JUST DROPPED BOMBSHELL EPSTEIN MANSION PHOTOS AND DOCUMENTS New photos from inside Jeffrey Epstein’s 7-story Manhattan lair reveal exactly how he entertained the world’s most powerful people while hiding cameras in his bedroom. The entrance? Lined with dozens …
Elon Musk is done playing nice. The debt ceiling bill passed the House. It raises the cap by five trillion dollars. The Congressional Budget Office projects a $3.3 trillion deficit increase over the next ten years. Medicaid gets cut. SNAP …
This is the largest debt ceiling increase in U.S. history. So much for “fiscal responsibility.” https://t.co/V6z78X9ubQ — Republicans against Trump (@RpsAgainstTrump) June 28, 2025 Trump’s “big beautiful bill” is very unpopular pic.twitter.com/wsOkzWanjZ — Republicans against Trump (@RpsAgainstTrump) June 28, 2025 …
Something deeper is happening beneath the noise of the stock market highs and soft landing headlines. The economy is shifting. Not in the way central bankers talk about and not in the way financial media likes to report. This is …
If the cuts were real why do we need to raise the debt ceiling by $5 trillion for less than 2 years? pic.twitter.com/ll9E1BBWdH — Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) May 18, 2025
Right now, the House proposal fails to meet the moment. It does not meaningfully change spending (Medicaid expansion to able bodied, IRA subsidies). Plus many of the decent provisions and cuts, don’t begin until 2029 and beyond. That is swamp …
From China’s buying spree to dollar devaluation fears, gold’s surge past $3,000 may be just the beginning. As global demand explodes and trust in fiat currencies crumbles, is $4,000 gold just the new floor of a multi-year bull market? By Peter …
https://abcnews.go.com/GMA/News/video/mysterious-object-crashes-new-jersey-auto-shop-120760222 https://www.facebook.com/groups/552059654373970/permalink/655146390731962/?rdid=tAdL2NmebEUk3qCx
Fed Minutes (January 2025) Fed can maintain policy at restrictive level if economy strong Several participants suggest halting or slowing balance sheet reduction pending debt ceiling resolution Two participants believe risks to achieving inflation mandate outweigh risks to employment mandate …
That’s fine if there’s a money printer in the basement. h/t DonaldKey
The federal debt has fallen $77 billion over the last 2 days, but only b/c Treasury has simultaneously drained $104 billion from its cash account; sure seems like Yellen is trying to set up her replacement at Treasury for failure …
This is how we got $36 trillion in debt and $2 trillion annual deficits. They use issues like cancer research funds as a wedge. Then attach Ukraine funding, immunity for big pharma to vaccine injuries and other lobbyist payoffs. They …
It will surpass 37T before Jan 20 h/t Abrevaderci
by Mike Shedlock Kamala Harris and some high-ranking supporters graciously agreed to a Mish interview following reports the glass ceiling shattered over her head. MishTalk Exclusive Interview Harris is at Kukubura Memorial Hospital recovering from severe cuts. I met with …
There has been a ceiling collapse at a Pizza Express restaurant in Salford Quays. Emergency services, including fire engines, ambulances, and police, responded to the incident around 3:45 PM today. Fortunately, there are no reports of injuries at this time. …
by Virtual_Crow So a few months back, this was causing bond yields to rise high enough that the market started a downtrend again from the summer until October. Too many bonds being sold. Then the Treasury did Yellen’s Yolo, selling …
Why is this not getting more attention? h/t WarrenBuffetsIntern
via Mike Shedlock: This phony budget crisis will end the same way it always does, with a Republican cave-in. But a House Speakership is on the line this time. That ups the popcorn rating index a bit more than normal. …
With the new debt ceiling bill, the limit is UNCAPPED until 2025. Estimates show $4 trillion in debt will be added by 2025 at this rate. Meanwhile, interest expense is rising with rates. This is unsustainable. Follow us @KobeissiLetter for …
via washingtonexaminer: Republicans on the Small Business Committee are inquiring into the Biden administration’s newest proposed rule that would change the energy conservation standards for ceiling fans. In a letter sent to Energy Secretary Jennifer Granholm on Thursday, Committee Chairman …
https://x.com/repmariasalazar/status/1694792429621174343?s=46&t=T37mFTn9E_HUaxN1rB76Hw Gosh, it’s almost as if the point of all this is to make you suffer. h/t EuphoricTrilby
by Hephaestus4 Japan is selling U.S. treasuries and buy back Yen to defend its currency. This is not good for the U.S. as we go into a “doom loop”. Rates will continue to rise on the long end of the …
by RedditIsOwendByTheWS The government now lives from month to month. soon it will be from week to week. Then from day to day. and finally from hour to hour. Source : Traders Brace for $102 Billion Wave of Treasury Bond Sales …
Source: Wolf Street h/t BoatSurfer600
House leaders canceled planned votes for the rest of the week due to a revolt by conservative members who sunk a procedural rule vote. McCarthy Sends Lawmakers Home, Cites Hard-Liner Blockade ‘Chaos’https://t.co/mJo30L9XPG — zerohedge (@zerohedge) June 8, 2023
