Independent thinking for complex markets and current events
Powell is staying on the board to act as a permanent counter-weight to the new chair.. The 8-4 vote split at the Fed proves the institution is fundamentally broken and divided.. Kemp is betting that the Supreme Court’s move to weaken the Voting Rights Act is his shield.. He is freezing the maps today to …
Iranian state media reports that Iranian forces took custody of two trade vessels in the Strait of Hormuz after opening fire on the ships Video shows gunmen seizing commercial ships, Iran says h/t b4its2l8
The law is breaking down and the streets are telling the truth. Chicago is not cooperating. The city is standing up to ICE. Officials are shielding migrants. They are defying federal agents and daring the government to do something about it. The New York Times reports it like it is a political story. But this …
Boasberg tried to prosecute Trump officials. They kept deporting migrants after his order to stop. He called it “willful disregard.” The appeals court called it overreach. “The order forces a coequal branch to choose between capitulating to an unlawful judicial order and subjecting its officials to a dubious prosecution.” — Judge Neomi Rao https://www.msn.com/en-us/news/politics/appeals-court-scraps-boasberg-s-contempt-order-against-trump-officials/ar-AA1KawAI Trump …
On July 22, Trump attacked Rep. Thomas Massie on Truth Social, calling him “the worst Republican Congressman” and “an embarrassment to Kentucky.” That was no stray insult. Trump is recruiting a primary challenger and says he plans to campaign in Kentucky to remove Massie from office. The breaking point was Epstein, not just policy. Massie …
BEIJING/WASHINGTON (Reuters) -China has put civilian government officials in Beijing on “wartime footing” and ordered a diplomatic charm offensive aimed at encouraging other countries to push back against U.S. President Donald Trump’s tariffs, according to four people familiar with the matter. Communist Party propaganda officials have played a leading role in framing China’s response, one …
Texas Land Commissioner Dawn Buckingham says President Joe Biden’s recent decision to stop approval of Liquified Natural Gas (LNG) exports looks “more like retaliation than a sound policy decision.” Biden’s announcement came one day after “Texas took a bold stand in defending our border against foreign invaders,” the commissioner added. President Biden announced on January …
The U.S. Supreme Court on Monday once again stepped in to leave in place the federal government’s ban on so-called “ghost guns.” These are unassembled and unmarked guns that can be bought online and then assembled into fully operative guns. In August 2022, the Bureau of Alcohol, Tobacco, Firearms and Explosives issued regulations that required …