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Dr. Mark Thornton, Senior Fellow at the Mises Institute and Austrian economist who correctly called the housing bubble, warns that we're living in an everything bubble with a flock of black swans ready to ignite a crisis. From commercial real estate
THE FED JUST SPENT $34BN ON US TREASURIES, THEIR LARGEST PURCHASES SINCE 2021 - THEY'RE INJECTING LIQUIDITY INSTEAD OF CUTTING RATES...
WHY ISN'T THE MEDIA REPORTING ON THE FACT THAT PRESIDENT TRUMP JUST GAVE WESTERN NORTH CAROLINA A MIND-BLOWING $1.4 BILLION DOLLARS TO REBUILD HOMES HERE?!!!!
... for Our Industry'. Despite the legacy media's harsh criticism of President Donald Trump's tariffs, many American industries are praising the welcome change they hope it will bring.
Where did the rest go? To hand-outs and crony payments that funded the institutional left currently trying to enslave us.
WASHINGTON (AP) -- More than $200 billion may have been stolen from two large COVID-19 relief initiatives
Ahhhh, so it turns out that the Federal Reserve CAN shovel money directly into retail bank accounts, and did so for two full years under cover of PANDEMIC!!!
Covid stimulus measures created a fever dream of false prosperity in retail sales and the jobs market and soon the country will have to wake up.
...had their PPP loans forgiven. Is that a scandal or a success?
"Powell is likely to push back on premature expectations of a dovish pivot, reiterating the focus on the fight against high inflation. Whether markets take him seriously amid an increasingly gloomy outlook for the global economy is yet to be seen."
One more time, so we're clear: a $7,500 taxpayer subsidy included in an act named after reducing inflation appears to have spurred an even larger price hike on electric pickup trucks.
You know this is all just unsustainable commie claptrap when you see subsidies for rich people to buy $80,000 electric cars...
"Nearly 600,000 incarcerated individuals receiving upwards of $1 billion is a disgrace to hardworking taxpayers of North Carolina. What's most appalling is that every Senate Democrat voted to allow these payments to prisoners on March 6, 2021,"
With just 57 "no" votes - all of them Republicans - the US House last night in a rushed vote ADDED nearly eight billion dollars to Biden's massive $30 billion Ukraine military bill. This represents some eight times the ANNUAL Ukraine military budget!
Have no fear; QE will be back...
California homeowners who are behind on their mortgage payments due to the pandemic, or whatever, are about to receive up to $80,000 per household in the form of a direct payment to mortgage servicers.
President Joe Biden puffed out his chest. He grinned from ear to ear. He'd finally accomplished something as President. The passing of a $1.2 trillion infrastructure boondoggle.
On page 1,957 of the reconciliation bill, Democrats have included a $1.67 billion special tax handout to media companies, under the guise of helping "local" journalists...
Rep. Jim Jordan, R-Ohio, discusses the upcoming House vote on Biden's spending bill and John Durham's arrest of a Steele dossier sub-source
In states that cut off the $300 check, the workforce -- the number of people who either have a job or are looking for one -- has risen no more than it has in the states that maintained the payment.
"Frankly, they need to talk about what their goals are..."
The loss of income support from the expiration of unemployment benefits (UI) which has disproportionally impacted the lower income population.
"Dear People, ...although there's still a very long way to go, we wanted to take this opportunity to thank you for your help in allowing the project to run so smooth thus far..."
Producing a trillion-dollar Eagle would require only the denomination to be changed. "This could be quickly executed on the existing plaster mold of the Platinum Eagle," says Diehl. Then an automated process would transfer the new design to a plastic
...destroys the ludicrous notion that paying people not to work won't result in fewer people working.
The package has passed by a margin of 69-30.
Congress is moving toward finalizing a $1 trillion infrastructure bill. Peter Schiff appeared on Newsmax "The Count" with Jenn Pellegrino to talk about the spending spree.
