Independent thinking for complex markets and current events
via Mike Shedlock Today the BLS released employer costs for the 4th quarter of 2023. Let’s investigate how much state and local government workers make compared to private industry workers. Compensation chart from the BLS, annotations and calculations by Mish Information from the BLS report on Employer Costs. The Employer Costs for Employee Compensation (ECEC) measures …
via Ryan McMaken According to a new report from the federal government’s Bureau of Labor Statistics this week, the US economy added 275,000 jobs for the month of February while the unemployment rate rose to 3.9%. In what has become a predictable ritual, reporters from the legacy media were sure to declare “another strong jobs report.” …
Massive cyber attack against France, just a few days after Macron's clear statement of intent to defend Ukraine and Europe from Putin's Mafia State. https://t.co/AHopmuVF8K — Political Gambler (@paulmotty) March 11, 2024 Cyberattacks of “unprecedented intensity” have targeted several French government institutions just months before the Paris Olympics but have been contained, the prime minister’s …
🚨 PRESIDENT OF EL SALVADOR OFFERS TO "FIX" HAITI The Haitian government has reportedly collapsed, and gangs have taken over the country after multiple massive jailbreaks released thousands of criminals back into the streets. However, fear not; President Bukele of El Salvador,… https://t.co/EnWgU3g6Mm pic.twitter.com/oB5kNjLuDJ — Mario Nawfal (@MarioNawfal) March 10, 2024
German MP urges attacks on Moscow government buildings It is "necessary to attack the Russian Ministry of Defense or the intelligence service", according to Roderich Kiesewetter.https://t.co/VjkcbhLPWJ — The Nordic Times (@nordictimes_com) March 8, 2024 In an unexpected twist, German MP Roderich Kiesewetter has set off a storm by suggesting attacks on Moscow’s government buildings, specifically …
The House of Representatives is expected to take one step closer to ending a brutal, months-long fight over government funding on Wednesday with a vote on a nearly $460 billion spending package. The 1,050-page bipartisan legislation is a package of six bills dealing with departments and agencies whose funding expires on Friday – Agriculture and …
Not just sell it, they then have to close the entire reserve infrastructure it looks like. pic.twitter.com/Rw7txW07rS — Tom Fisher (@TomFisher37) March 3, 2024 https://docs.house.gov/billsthisweek/20240304/HMS31169.PDF
Commercial Fisherman Say They Stand With Raided Amos Miller Organic Farm Because The Same Thing Is Happening To Them 🚨 US Government Asking Neighbors To Use Their Property To Spy On Commercial Fisherman Because They’re Selling Fish “That wasn't raised in a pen, that isn't full… pic.twitter.com/XEmlW14Lps — Wall Street Apes (@WallStreetApes) March 3, 2024 …
Desperate property developers in China have resorted to gifts like new cars, free parking spaces, phones and other consumer goods to attract homebuyers and boost flagging sales. These incentives are just the tip of the iceberg in a crisis involving hundreds of billions of dollars in home builder debt, trillions in local government debt and …
Congressional leaders agreed Wednesday to a funding deal that would prevent a partial government shutdown this weekend, extending the expiration dates for federal finances until later in March as lawmakers iron out the final details of a $1.7 trillion spending package. Roughly 20 percent of the federal government — including the departments of Transportation, Veterans …
Lawmakers leaving the meeting, which lasted about an hour, said it was worthwhile, even though it didn’t lead to any agreements that would avoid a partial government shutdown from beginning this weekend, or clear a Senate-passed package of aid to Ukraine, Israel and Taiwan. “It was a productive meeting on the government shutdown, we are …
Speaker Mike Johnson made “unequivocally” clear that he wants to avoid a government shutdown during a private Tuesday meeting with President Joe Biden and other congressional leaders, according to Senate Majority Leader Chuck Schumer. Biden’s stalled request for Ukraine aid, however, remains more in doubt. With just four days to go until federal funding partially …
via Mike Shedlock A Bloomberg op-ed proposes the government will kill the 401K, and also that it should. Your 401(k) Will Be Gone Within a Decade Please consider Your 401(k) Will Be Gone Within a Decade If you are among the 56% of US workers with a retirement plan, I have some bad news for you: …
Let me explain what the #AmosMiller case is about after a court conference. The @PAAgriculture claims ALL food is "illegal" — as illegal as illegal drugs — unless it was made by a government-approved facility, and they can destroy it at will. See brief:https://t.co/FXvjc1yJmP — Robert Barnes (@barnes_law) February 26, 2024 h/t Coastie Patriot
Ted is correct. The last three years has been like a pirate ship without a captain. The crew went rogue with trillions of dollars and blew up everything. We currently have the worst federal administration of all time. At the current deficit spending rate (assuming it stays constant w/o recession) we will be $60+ trillion …
NEW: Palestinian government submits resignation to Mahmud Abbas: Prime Ministerhttps://t.co/XaOqJ0Mtls — Insider Paper (@TheInsiderPaper) February 26, 2024 Palestinian prime minister Mohammad Shtayyeh on Monday announced his government, which rules parts of the occupied West Bank, submitted its resignation, saying “new political measures” were needed given the changing reality in Gaza. “I submit the government’s resignation …
Want to fix America? Here’s a good starting idea. h/t theSilverVigilante
by Chris Black This is a democracy. You just have to take it. They can do whatever they want to you. You can protest and they will just laugh. If you do more than protest, cops will kill you. The Senate voted 70-29 for a war bill that sends $100 billion for wars against Russia, …
via Ali Raza: Fani Willis, the District Attorney of Fulton County, Georgia, is not only making headlines for her legal prowess but also for her substantial financial standing. Recent revelations indicate that her estimated net worth is a remarkable $8 million, underscoring her success in both the legal and financial realms. What You Need To …
In English: The military may borrow your property…. https://rib.msb.se/filer/pdf/30307.pdf h/t Its Time
A full-blown government shutdown may be coming, if reported rumors circulating among top Republican lawmakers are true. In the power centers amongst the House of Representatives, there is chatter about a temporary stoppage of funding that could throw a wrench in the federal budget, according to a new Axios report. “People are predicting a shutdown,” …
It's in the nature of the monetary system for these ratios to go exponential. In the short term, something might give way, but in a few years, we'll be repeating this conversation as the debt level has surged exponentially. pic.twitter.com/mS05NNJ3UJ — Phoenix Capital (@PhoenixCapitalH) February 15, 2024 70% of largest U.S. cities lack funds to …
by confoundedinterest17 According to mythology, Hades made King Sisyphus roll a huge boulder endlessly up a steep hill in Tartarus. Unfortunately, the modern day version of Sisyphus is the middle class pushing a boulder endlessly up a steep hill while the top 1% (the elite class) horde more and more wealth. An example of the Sisyphus economy? …
by Chris Black Apparently, they need fewer Albanians because they need the room for more Africans. The UK is definitely not slowing immigration, generally. Who even knows why they’re targeting Albanians. The Mirror: The Home Office plans to pay a rapper, two comedians, TV stars and influencers to post messages on TikTok deterring small boat …
Like many Chinese people, Jacky hoped that he could make enough money investing in China’s stock markets to help pay for an apartment in a big city. But in 2015 he lost $30,000, and in 2021 he lost $80,000. After that, he shut down his trading account and started investing in Chinese funds that track …
BREAKING: House Republicans are taking a 2-week vacation in the midst of a national security threat and a mass shooting as yet another government shutdown looms. https://t.co/ZlvcNUsJOQ — MeidasTouch (@MeidasTouch) February 14, 2024 And with that, the House will be done for the week by 2:30 p.m. tomorrow. Gone until Feb. 28. Shutdown March 1. …
by Chris Black This was highly predictable. The Poles made a deal with the devil to fight their stupid “I hate my daddy” war against Russia, and now they’re going to pay all the consequences for that. This law probably won’t go through this time around. But it’s there, on the table, and in the …
🚨🇺🇸 Tucker Carlson At World Government Summit “Joe Biden is senile – everybody knows it – it’s now been confirmed this week” pic.twitter.com/54CF1WrMja — Concerned Citizen (@BGatesIsaPyscho) February 13, 2024 Watch the whole interview, it’s excellent
Carlson: Moscow is much more beautiful, cleaner and safer than any American city HE ALSO EMPHASIZED THAT HER FOOD AND SERVICES ARE ABOVE WHAT THEY OFFER IN THE UNITED STATES He especially apostrophized the Moscow subway and compared it favorably with New York: "Many in New York… pic.twitter.com/2rMcoHtBIf — Sprinter Press (@SprinterPress) February 12, 2024 …
Biden campaign uses banned Chinese spy app. Biden campaign bragging about using a Chinese spy app even though Biden signed a law banning it on all federal devices https://t.co/hEXKGuNrvr — Josh Hawley (@HawleyMO) February 12, 2024 The reelection campaign for US President Joe Biden has joined TikTok, despite the White House banning government agencies from …