david

DAVID HAGGITH: People See Better Than Economists – We’re no longer even sure what economists are since they clearly are not people who understand economics, so maybe not even people at all.

by DAVID HAGGITH Statue of a REAL economist — Adam Smith. Photo by K. Mitch Hodge on Unsplash Can you believe the Treasury market is already unwinding its bets that the Fed is done fighting inflation, even as the Champaign is still bubbling in half-empty flutes left behind from everyone’s celebration of the Fed’s victory? Of all the …

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Biden is staying at billionaire David Rubenstein’s $34 million waterfront Nantucket compound for a third year in a row, the founder of the Carlyle group whose daughter is helping run the Permanent Fund into the ground.

President Joe Biden and first lady Jill Biden arrived on Nantucket Tuesday night for their Thanksgiving break, where they’ll mark the holiday and celebrate the president’s 81st birthday with family. Six of their seven grandchildren are expected to join them on the island, where they’ll take over billionaire businessman turned philanthropist David Rubenstein’s $34 million …

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DAVID HAGGITH: Recession Is Already Here And Inflation Is Hotter — Much Hotter — Than You Were Just Told.

by DAVID HAGGITH Photo by Sonder Quest on Unsplash David Rosenberg argues recession may already be here because Gross Domestic Income is already recessionary; but the only thing anyone is looking at, he says, is Gross Domestic Product. I’ve argued this point earlier this year, too. Rosenberg notes that significant difference between the two rarely ever exists, but the …

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David DePape Found Guilty on Both Federal Counts in Pelosi Hammer Attack

#EXCLUSIVEJust released police body camera video shows moments David DePape attacked Paul Pelosi at his# San Francisco home WARNING: VIDEO IS GRAPHIC#PaulPelosi #BREAKING@Nbcbayarea pic.twitter.com/rQZriBvOCm — Bigad Shaban (@BigadShaban) January 27, 2023 David DePape, accused of bludgeoning U.S. Speaker Emerita Nancy Pelosi’s husband Paul Pelosi with a hammer at the couple’s San Francisco mansion last year, …

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THEY’RE THE WORST: After Blaming Almost Everyone for Gun Crime, Harvard Man David Hogg Now Goes After…White Women.

via thetruthaboutguns: From the NRA-ILA . . . Is there anyone or anything that professional ranter, former progressive pillow company executive, and anti-gun activist David Hogg hasn’t blamed for gun crime? The NRA, predictably, has been pretty much at the top of his list (for instance, here, here, and here), but to date, the admittedly far-from-complete list also includes . …

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Knives Out: Liberal News Outlet Reports on Special Counsel David Weiss’ Past Association With Beau Biden

Whenever a left-wing news outlet writes something negative about someone in Bidenworld, you have to wonder why. Is Hunter Biden Special Counsel David Weiss next to be thrown under the bus? The Washington Post, normally an indiscriminate cheerleader for President Joe Biden and his administration, is reporting that Weiss once worked alongside First Son Hunter’s late …

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David Stockman on Why RFK Jr. is the Only Candidate Who Can Oppose the Uniparty System…

via internationalman: The economic policy of the bipartisan “uniparty” has been an abysmal failure. In fact, Bidenomics and Trump-O-Nomics are just two sides of the same deficient coin. They amount to the inflationary accommodation of powerful constituencies which have captured control of policy—-Wall Street for the GOP, domestic spending constituencies for the Dems and the …

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David Stockman: America’s Prolonged Economic Stagflation

via brownstone.org: Here is a large caliber smoking gun. The BEA series for real personal income less transfer payments is a pretty serviceable proxy for private market output before the impact of Washington stimmies and distortions caused by transfer payments and government borrowing. After all, earned income – wages, salaries, bonuses, profits, interest and dividends …

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DAVID HAGGITH: Fed talks “catastrophe.” JPMorgan talks “second wave” of banking collapses. History says the Fed NEVER makes it past the present depth of tightening — not ever!

via thedailydoom: San Francisco skyline | Photo by Patrick Perkins on Unsplash In the past, I’ve called this event the “Epocalypse” because it will be epic in scale and will eventually be seen as a new epoch in humanity’s economic history that will be apocalyptic in its level of economic destruction. That became the only thing Forbes ever quoted me on when I warned it was …

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Top economist David Rosenberg warns of a ‘hard landing’ in the US economy in the second half of the year.

HOLD ON TIGHT: Top economist David Rosenberg says the US economy is a ‘dead man walking’ – and warns of a ‘hard landing’ ahead. “You look at the United States and it seems to me that we’re still making this transition from expansion to recession,” Rosenberg said. “I know it sounds extremely controversial to talk about …

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