Independent thinking for complex markets and current events
by confoundedinterest17 There have been to significant jumps in the Federal Debt. The first coming after the financial crisis of 2008 and election of Obama/Biden in 2008. The second with the outbreak of Covid in 2020 and the election of Biden/Harris in 2021. The Federal (public) debt was just over $10 million when Obama/Biden were …
by confoundedinterest17 It turns out that Powell’s “emergency” 50bps rate cut was – drumroll – another major policy mistake by the Fed. Or it is Presidential election interference by The Biden/Harris Administration giving Cacklin’ Kamala as talking point? Moments ago, the BLS reported that at a time when prevailing consensus was for jobs to continue their recent downward slide …
Biden-Harris’ FCC Nuked 20,000 Starlink Terminals For North Carolina That Could’ve Saved Lives Hurricane Helene shows how fragile modern society is when a monster storm invades the Appalachian region. Yet, Elon Musk’s space internet company could’ve supplied residents with Starlink terminals over the years through a rural federal program. However, the Biden administration’s weaponization of …
PHILADELPHIA — Do you know your First Amendment rights? Can you name all three branches of the U.S. government? If you’re scratching your head, you’re not alone. A recent survey shows that, even in an election year, many Americans are still fuzzy on some basic civics concepts. The Annenberg Constitution Day Civics Survey to celebrate …
by confoundedinterest17 Hey Big Spender! (Federal Government). The US government now pays out on average $3bn in interest expenses per day…If the Fed cuts interest rates by 1%-point and the entire yield curve declines by 1%-point, then daily interest expenses will decline from $3bn per day to $2.5bn per day. Even worse, unfunded Federal liabilities total …
by confoundedinterest17 Hey big spenders (Biden, Congress and the 16 Nobel prize winning economists). June 25 (Reuters) – Sixteen Nobel prize-winning economists signed a letter on Tuesday warning that the U.S. and world economy will suffer if Republican presidential candidate Donald Trump wins the U.S. presidential election in November. The jointly signed letter, first reported by Axios, says …
Government and healthcare sectors drive job growth, with 61% of net payrolls added in the last year. Despite a recent increase in full-time work, the economy has lost full-time jobs over the past 12 months, with all net gains in part-time employment. Employment of foreign-born workers has surpassed pre-pandemic levels, while native-born Americans lag behind. …
by confoundedinterest17 Biden and Congress have never met a project that they weren’t willing to fund (except a border wall with Mexico, of course). Inflation is heating up again as the Federal government continues to spend. 4-5% by November… US CPI on trend for 4-5% at US election in November. Source: BofA Above 5%…? Strong CPI …
Post Office scandal: Kemi Badenoch hits back at ex-chairman By Nick Edser Business reporter 18 February 2024 Business Secretary Kemi Badenoch has hit back at claims made by former Post Office chairman Henry Staunton about the reasons for his departure. Mr Staunton told the Sunday Times that when he was sacked Ms Badenoch had told …
“Yesterday Challenger reported 82.3K layoffs in Jan., the worst January since 2009, excluding 2023. Wed. ADP reported just 107K #jobs created in Jan. Today the Govt. reported 353K jobs created in Jan,. smashing expectations of 170K. Do you believe the Govt. or the private sector?” Challenger Job cuts in January were still slowing on a …
by Mike Shedlock To meet GDP demand of the Chinese Government, unproductive debt in China soared out of sight. Who will pay for the losses and cleanup? Image clip from video below. Local Chinese Debt in Need of Bailout The East is Read reports China’s Local Govt debt in 2020 was 50% Higher than WB, IMF Estimates. …
ATTACKS ON ELON CONTINUE The Irish Government colluded with big tech to censor content after a migrant stabbed 5 people. X is the only platform that refused to comply. Now they want a “commission” to make sure social media companies fall in line. pic.twitter.com/yC5L6wN7hR — Libs of TikTok (@libsoftiktok) November 29, 2023
via timesofisrael: Prime Minister Benjamin Netanyahu and National Unity party leader Benny Gantz announced a landmark agreement on Wednesday to establish an emergency wartime government, some four days after Hamas launched a brutal and unprecedented assault on Israel early Saturday that claimed the lives of over 1,200 Israelis, the single deadliest day in the country’s …
This hypocrite used the force of gov't to abusively raid his political opponent's home and then prosecute and arrest him. https://t.co/FLzmlVWbwA — Tom Fitton (@TomFitton) October 2, 2023 Garland: “We do not have 1 rule for Republicans and another rule for Democrats” Prove it Indict Jamaal Bowman Indict Hunter Biden for Ukraine bribes Indict Hillary …
by gunsoverbutter Have you heard of the concept of exporting your inflation? Basically if a country prints up new money, but quickly loans it out to another country, therefore preventing it from being in their own monetary system, the inflation isn’t felt at home. For example, if the US prints a trillion dollars and loans …
Make no mistake – this attack on Elon is purely due to his allowing conservative free speech on Twitter They will weaponize every gov’t agency against those who oppose their censorship regime This is why the Deep State must be destroyed down to the root https://t.co/inKXQEvwNj — DC_Draino (@DC_Draino) July 17, 2023 The Justice Democrats …
by Chris Black They made a deal with the devil and the devil is coming to collect. Poland plans to hold national elections and immigration referendum on same day. https://t.co/0zwB2RUpxU — Remix News & Views (@RMXnews) July 4, 2023 So Poland joined the EU and, after receiving billions in free money, the Poles were shocked …
