Independent thinking for complex markets and current events
HHS director Becerra admits that hospitals with religious objections to transgender surgery on adults and children will lose federal funding.pic.twitter.com/SHkZGsZtqe — Citizen Free Press (@CitizenFreePres) May 17, 2024
A staggering 88% of respondents express support for dismantling the institution. 88% Of People Have Responded To US Congress Rep Thomas Massie Saying They Want To End The Federal Reserve Only 2% of people approve of The Fed The Fed has DESTROYED the value of our money. Let’s get ‘End The Federal Reserve’ Trending Share/ …
While they argue that sensors are disproportionately placed in non-white neighborhoods, the company claims installations are based on shooting rates. ShotSpotter boasts a 95% accuracy rate in detecting gunfire and alerts police instantaneously, raising questions about the balance between public safety and potential biases in technology deployment. NEW: Senator Warren, Senator Markey and Rep. Ayanna …
BREAKING: President Biden is considering bringing Palestinians from Gaza into the United States as refugees according to CBS. Federal U.S. agencies are figuring out how to resettle Palestinians from Gaza. According to the report, one proposal would use the United States Refugee… pic.twitter.com/I0lYSaZq2v — Collin Rugg (@CollinRugg) April 30, 2024
Education Secretary Miguel Cordona faces legal challenges as three federal lawsuits contest the legality of the Biden administration’s Title IX rule overhaul. Allegations of undermining constitutional freedoms, due process protections, and women’s rights underscore the contentious debate over the expanded interpretation of Title IX. Key Points: Three federal lawsuits challenge legality of Biden administration’s Title …
Federal authorities say a “critical safety gap” in Tesla ’s Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities and “many others” resulting in serious injuries. The findings come from a National Highway Traffic Safety Administration analysis of 956 crashes in which Tesla Autopilot was thought to have been in use. The …
Unveiling a little-known intervention, the Federal Reserve injected $152 billion into big banks in March 2023, surpassing aid provided during both the 2008 and 2020 crises. As regional banks, grappling with precarious balance sheets, increasingly turn to the discount window for support, questions arise about the Fed’s strategy and the future of banking stability. I …
by confoundedinterest17 COVID was a gift to Biden. The furious Federal spending of Q2 2020 through Q1 2021 helped keep GDP growth above recession levels. Ignore Biden’s demented rants/lies about cutting the debt in half. Biden has claimed he cut the $34+ trillion national debt by $7 billion, $1.4 trillion, $1.7 billion, $1.7 trillion, and …
🚨BREAKING: FED DISCOUNT WINDOW 📈 FED DISCOUNT-WINDOW LOANS $7.02B IN THE WEEK *The latest data suggest that mostly regional banks are using the discount window as they are the ones with the worst balance sheets. pic.twitter.com/KbqGFjQ16J — The Coastal Journal (@1CoastalJournal) April 25, 2024
Judge Mary Marlow Sommer on Monday sentenced “Rust” armourer Hannah Gutierrez-Reed to 18 months behind bars for her role in the fatal shooting of cinematographer Halyna Hutchins. Last year, a jury found her guilty of involuntary manslaughter in the deadly movie set shooting. Prosecutors blamed Gutierrez-Reed for unwittingly bringing live ammunition onto the set of …
The list of alleged instances of a weaponized federal government is getting longer, Rep. Dan Bishop, R-N.C., says. “The problem of the federal government being weaponized against the American people’s fundamental constitutional rights is pervasive and it seems, although I think we’ve done some things good to uncover and deter it, it is a constant problem and growing,” …
In fiscal year 2024, U.S. national debt interest has exceeded spending on the military. The federal government spent $412 billion on military programs at the Department of Defense during the first half of FY2024. However, the rapidly growing cost of servicing the national debt surpassed military spending. Interest expenses from the $34 trillion national debt totaled $440 billion in the first six months of FY2024, representing a 43% increase from …
Federal Reserve officials at their March meeting expressed concern that inflation wasn’t moving lower quickly enough, though they still expected to cut interest rates at some point this year. At a meeting in which the Federal Open Market Committee again voted to hold short-term borrowing rates steady, policymakers also showed misgivings that inflation, while easing, …
The primary reason prompting the Fed to consider cutting interest rates is the increasing cost of servicing the Federal debt, expected to approach 6% of GDP by year-end. A reduction of 150 basis points could decrease the interest payment by 33%, addressing severe debt imbalances. This environment favors hard assets like real estate, as seen …
Here's an interesting trend: More than 60% of US federal spending is now deemed as "mandatory." This is more than DOUBLE the amount deemed as mandatory in the 1960s. Meanwhile, interest expense now accounts for 11% of the budget and is expected to reach 14% by 2029. In… pic.twitter.com/GqG2npgBT9 — The Kobeissi Letter (@KobeissiLetter) April …
by confoundedinterest17 We are living in the USA where corruption, favoritism, open borders and an out-of-control Federal budget and debt are destroying this once great nation. Former Kansas City Fed President Thomas M. Hoenig was absolutely right when he said recently that The Federal Reserve panders to Wall Street, Congress and special interest groups, prioritizing immediate relief over …
The Federal Reserve may need to raise interest rates if inflation doesn't cool down warns Federal Reserve Governor Michelle Bowman pic.twitter.com/D8FAhtlfge — Win Smart, CFA (@WinfieldSmart) April 6, 2024 Gold is headed to $3,000 according to Rosenberg Research pic.twitter.com/bY8wWUFbzy — Win Smart, CFA (@WinfieldSmart) April 4, 2024 Gold prices settled at a record high for …
The Fed’s tightening regime just bit deeper into the national deficit. For the very first time in 108 years, the Fed just ran at a net loss, and it was huge. To be specific, the Fed reported a loss of $ 114.3 billion in 2023. Now, for the Fed, losses are no big deal because …
A federal district court has overturned the Biden administration’s climate rule that required states to track and set reduction goals for greenhouse gas emissions from vehicles on highways. In a sweeping judgment late Monday, Judge Benjamin Beaton of the U.S. District Court for the Western District of Kentucky ordered the Federal Highway Administration to stand …
CNN: “When people talk about the threat to democracy that Trump poses, do you really think that is equal to Biden?” RFK JR: “Biden is much worse threat to democracy.. President Biden is the first president history that has used the federal agencies to censor political speech” pic.twitter.com/zmtgNGn6Ke — Benny Johnson (@bennyjohnson) April 2, 2024 …
NEW: Gold hits new record high on Fed rate cut bets https://t.co/gHbUVRlwig — Insider Paper (@TheInsiderPaper) April 1, 2024 🟡 GOLD 🟡 pic.twitter.com/QLS9PG7BBg — Win Smart, CFA (@WinfieldSmart) April 1, 2024 GOLD 🟡 & SILVER ⚪️ 🔥🔥🔥🔥🔥🔥🔥🔥🔥 pic.twitter.com/xJRymPgsCq — Win Smart, CFA (@WinfieldSmart) April 1, 2024 https://www.marketwatch.com/investing/future/gc00 World Gold Council: Why Are Gold Prices Rising? …
Federal Case Against Diddy Expands, Subpoenas Reportedly Issued to Affiliated Corporations Amid Asset Sell-Off — Ex-Bodyguard Claims Diddy is FBI Informant Disgraced billionaire hip hop mogul and Democrat party community organizer, Diddy, is panicking behind the scenes, as reports surface of the federal case against him expanding. Multiple corporations tied to the mogul are being …
House Oversight Committee Chair James Comer, who is leading an extensive investigation into the extent of China’s influence in the United States, said that the communist country “has infiltrated just about every major part of our federal government.” Comer also said China has infiltrated practically all sectors of the U.S. — including the economy, the education system, and …
Congress and the White House are still negotiating over a funding plan as they face a partial shutdown deadline on Friday. The federal agencies facing a shutdown threat later this week would send home more than 600,000 employees if Congress fails to enact funding by Friday, furloughing them with only the promise of backpay. An …
by confoundedinterest17 Households have too much debt, thanks to trying to cope with Bidenomics and Bidenflation. And much of the debt burden falls on the middle class. Serious auto delinquencies are on the rise. And lowest earners saw the biggest increase in credit card delinquenices. And who voters prefer as of today? Trump on interest …
The Second Amendment protects people’s ability to own a gun even if they’ve entered the country illegally. That’s the ruling handed down by US District Judge Sharon Johnson Coleman on Friday. She found the federal prohibition on illegal immigrants owning guns is unconstitutional, at least as applied to Heriberto Carbajal-Flores. She ruled the ban did …
by confoundedinterest17 Every little thing Biden touches turns into disaster. Like the Federal Budget(consider it the fiscal version of the Afghanistan withdrawal). Following yesterday’s release of Biden’s $7.3 trillion budget, the Biden administration bragged about lowering the deficit by $3 trillion over the next decade – an average of 0.8% of GDP over that period. This would …
The Federal Reserve has significantly reduced its balance sheet. Some analysts predict a market downturn due to the decrease in liquidity, which has been exacerbated by 11 interest rate hikes that typically take 18 months for the market to digest. h/t theSilverVigilante
by Chris Black I’m so sick of conservatives lionizing Greg Abbott. This guy did nothing about the invasion for 3 years as Mayorkas was spitting on his face; now all of a sudden he’s hell on wheels. His floaties and his barbed wire haven’t stopped a single invader. Nothing is stopping Abbott from simply disobeying …
