Independent thinking for complex markets and current events
It shouldn’t shock anyone that top Democrats are concerned about Joe Biden. The June 27 debate obliterated the party’s hopes for a successful election season. The top of the ticket got exposed, with questions about Biden’s fitness for office permeating the national discussion. Even with an ABC News interview and Biden’s NATO presser tonight, it …
Months supply: pic.twitter.com/nmmfrgGtCZ — Peter Berezin (@PeterBerezinBCA) July 10, 2024
Current Administration: We will spend more money to solve this problem that was created by spending too much money! — Amy Nixon (@texasrunnerDFW) June 28, 2024 Infrastructure and Climate Spending: President Joe Biden has pushed for $1.6 trillion in climate and infrastructure investments. This includes tax credits, direct spending, and grants. Approximately $125 billion has been spent …
Unintended Consequences: The amount of plastic bags Californians threw away increased by approximately 50% since the ban became law. Now, California lawmakers are eyeing stricter bans to address the problems that the original ban may have created n 2014, then-California Gov. Jerry Brown announced that his state would be the first in the nation to …
According to the Federal Deposit Insurance Corporation (FDIC), the number of banks on the Problem Bank List increased from 52 in the fourth quarter of 2023 to 63 in the first quarter of 2024. These problem banks represent 1.4 percent of total banks, which falls within the normal range for non-crisis periods (typically one to two percent of all banks). Additionally, …
1 out of 7 Gen Z consumers saw their credit maxed out in Q1 2024, according to the New York Fed. This is the highest percentage since the 2020 pandemic lockdown. Meanwhile, 12% of Millennials have utilized over 90% of their credit limit, an even higher share than the pandemic.… pic.twitter.com/6CIE2eO8CR — The Kobeissi Letter …
by HarmoniousLight Yeah so what’s up with that? “Hurr durr we need wealth tax! We need a gooning tax! We need a breathing tax!” The government brings in $2 trillion a year already. Where is that shit going? And you want to give them MORE money? Does the government need more money or do they …
Did you think Wisconsin would be immune to the problems that plague the rest of the country? Cause they aren’t.
193k jobs lost in Pa since 23 Hundreds of biz bankruptcies & closures. Unemployment trust fund insolvent in Pennsylvania+ denying legit claims bc there’s no money Michigan – Generally speaking, President Biden has managed to recover all the manufacturing jobs lost during the pandemic, and the U.S. manufacturing workforce has grown by more than 146,000 …
Two high-speed military cargo ships are stuck in the Port of Baltimore following Tuesday morning’s collapse of the 1.6-mile-long Francis Scott Key Bridge. The major US East Coast port has been paralyzed for several days as the bridge collapse prevents inbound and outbound vessel traffic along the harbor’s channel. Using the automatic identification system, or AIS, …
EUV is needed to produce advanced computer chips at scale and with acceptable yields for 5nm and below. Future AMD and Intel computer processors will rely on EUV machines. If China wants competitive modern computers that aren’t slow, it must continue buying American chips. Intel, however, is facing a more significant challenge than this latest …
Remember that segment I did about my position on preferred pronouns last summer? I’ve been thinking about it a lot lately and especially today after my conversation with detransitioner Isabelle Ayala and her attorney Jordan Campbell. Isabelle shared that she started cross-sex hormones at 14 years old. Even though she stopped treatment, she said she knows she’ll never be the …
https://twitter.com/__US17__/status/1768217244343955688
Mark Cuban: I’d Vote for Joe Biden Even if ‘He was Being Given Last Rites’ (Mark Cuban) said that he voted for Nikki Haley in the Texas Republican primary and will be backing Biden in the general election if he faces off against Trump. On the issue of Biden’s age, Cuban said that would not …
BREAKING: IRS official Alex Mena who works in “Criminal Investigations” says @IRSNews , ‘has no problem going after the small people, putting people in prison, and destroying people’s lives.’ Mena ‘doubts the constitutionality’ of his employer, the IRS, using AI to access everybody’s bank accounts nationwide. Mena recalls IRS agents stating “…the first person you …
via Mike Shedlock On average, the economy looks OK. But averages are misleading. Several large groups of people are struggling. They all have one thing in common. Case-Shiller home price index, CPI rent index, and the index of hourly earnings for production and nonsupervisory workers. Who’s Unhappy? Those looking to buy a home but cannot …
🚨WATCH: America's illegal immigration crisis is shattering century-old records with alarming numbers. 2023: 3,201,1442022: 2,766,5822021: 1,956,5192020: 405,0362019: 859,5012018: 404,1422017: 310,5312016: 415,8162015: 337,1172014: 486,6512013: 420,7892012: 364,768… pic.twitter.com/9NGhmmnlf6 — KanekoaTheGreat (@KanekoaTheGreat) January 31, 2024 Quote: 2023: 3,201,144 2022: 2,766,582 2021: 1,956,519 2020: 405,036 2019: 859,501 2018: 404,142 2017: 310,531 2016: 415,816 2015: 337,117 2014: 486,651 2013: 420,789 …
The president has tried — and so far failed — to push out his commander-in-chief in a dispute over strategy and political insecurities General Valeriy Zaluzhnyi is a national hero for Ukrainians after repelling the first wave of Vladimir Putin’s invasion on the outskirts of Kyiv. But two years into the war, setbacks on the battlefield and political …
by James Hickman Yesterday the Treasury Department announced that they expected to increase the national debt by a whopping $760 billion this quarter alone… and another $202 billion next quarter. In short that means almost $1 trillion added to the national debt just in the first half of this year. And, again, these are the Treasury …
Writer Andrew Sullivan told MSNBC host Ari Melber to his face on Friday that he works for a propaganda company. During a lengthy debate on Bill Maher’s HBO show “Real Time” about the significance of Donald Trump’s political resurgence, Sullivan observed how the Democratic Party’s reaction to Trump is eroding American democracy. “What the Democrats …
Americans of both parties think the biggest issue the country faces is the government itself and “poor leadership”—outranking both inflation and the economy—according to a new Gallup poll, as headlines this month have been dominated by political controversies like the House Speaker vote and classified White House documents being found at leaders’ homes. KEY FACTS …
A car accident on Christmas Day caused a fire that required four tankers, over 10 rescue organizations and 36,000 of gallons of water to put out. The catch? Not a single drop of gasoline was involved. According to WIAT-TV, authorities in Pine Level, Alabama had such trouble putting out a fire caused by a Tesla …
Robert Kiyosaki, a best-selling author and seasoned investor, has a distinct philosophy on debt and investment. In a Nov. 30 Instagram reel, Kiyosaki elaborated on his debt philosophy, highlighting a critical distinction between assets and liabilities. He said many people use debt to buy liabilities, while he uses debt to purchase assets. To illustrate his …
The Hill: Joe Biden rips media for negative economy coverage: “Start reporting it the right way” President Biden rips media for economy coverage: "Start reporting it the right way" https://t.co/7ex0V6QjCd — The Hill (@thehill) December 25, 2023 Gaslight harder! More cowbell! https://t.co/HLV0YwGuPi — Scott Adams (@ScottAdamsSays) December 25, 2023
via Yahoo: Jain told Reuters part of his electric vehicle’s suspension broke when he was driving with his family the day after he’d received delivery of the Model Y. He said the car had 115 miles on its odometer when the suspension issue caused portions of the vehicle to come in contact with the road …
In the United States, federal student loans are typically guaranteed by the government. This means that if a borrower defaults on their federal student loan, the government steps in to ensure that the lender (usually a private financial institution) does not face significant financial losses. The government either pays the loan in full or guarantees …
Older men have increasingly been showing up on the front lines, which has also long been an open secret, but now the military is calling on men who had previously been exempt from service based on medical waivers. “To help fill the ranks, Ukrainian officials have set up roadside checkpoints to seek men evading the …
by Michael In recent weeks there have been numerous high profile bank “glitches”, accounts are being shut down without warning at a staggering rate all over the nation, and more institutions continue to get into very serious financial trouble. For a while, I was ignoring some of these reports because I thought they were isolated …
