Kevin McCarthy Out is a Nothing Burger

by Chris Black The problem Matt Gaetz has is that 95% of Republicans are exactly like Kevin McCarthy and the other 5% are reality TV show celebrities who have no political agenda, just meaningless stu… Continue reading by subscribing. Username …

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The GOP is Worse Than Nothing

by Chris Black Tony Gonzales (R-TX) wrote an op-ed in Newsweek to demand cheap labor for corporations. American Companies Are Desperate for Labor. We Need More Guest Workers From Abroad—Now | Opinion https://t.co/s3TiOLbqkS "Guest workers?" Thats a hot one.— Neil …

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Nothing is sustainable these days…

World debt has rapidly increased since 1997 And is now around $225 trillion This is not sustainable pic.twitter.com/gB83iY1FFI — Bravos Research (@bravosresearch) September 1, 2023 In case you missed it: #China has cut its holdings in US Treasuries to $835bn, …

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The US spent $60 billion rebuilding Iraq after the 2003 war. There is virtually nothing to show for the money. Most of the money seems to have been stolen by US defense contractors.

via publicintegrity.org: After U.S. and allied warplanes destroyed a key bridge carrying 15 oil and gas pipelines in northern Iraq during the 2003 conflict there, officials in Washington and Baghdad made its postwar reconstruction a top priority. But instead of …

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Bank earnings next week may show deteriorating conditions… Since the Spring bank run, nothing has changed

https://twitter.com/FinanceLancelot/status/1679903651026829346 “In June of this year, many major Texas counties have either reached or surpassed pre-pandemic levels in terms of posting counts and completed foreclosures” The confluence of extremely bullish conditions we saw for housing in 2020-2021? Never happening again …

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Nothing got fixed after the 2008 financial crisis, and no one was ever held accountable – and now Great Financial Crisis 2.0 is going to make 2008 seem like a walk in the park

Bloomberg: Mortgage indicators ring alarms as spreads near post-subprime highs Background Worsening conditions in the U.S. mortgage-backed securities market are doing little to ease fears over financial contagion. Demand for home purchases and refinancing continued to take a hit last …

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