‘Hard reality’ of minimum wage increase

Business Council of Australia CEO Jennifer Westacott says Australia’s boosted minimum wage is “pretty high” compared to other countries but cautions that there is a “hard reality” that comes with it. The Fair Work Commission this week announced an $18.80 a week minimum wage increase which will see the new base rate of pay at … Read more

Barron’s: Investors are calling the Federal Reserve’s bluff. “We don’t believe you,” the futures market is effectively telling the Fed

https://www.barrons.com/articles/stock-market-hawkish-fed-51624052659 The Federal Open Market Committee’s latest policy communications raised more questions than answers. Perhaps the biggest one: Can the Fed ever really raise interest rates? ​ At face value, and with a big dose of relativity, this past week’s updated summary of economic projections and commentary from Chairman Jerome Powell marks a hawkish turn. … Read more

Men In America Have Been ‘Neutered’ By Design

Dr. Don Colbert, MD was on a special episode of Steve Bannon’s War Room titled ‘Masculinity in America’ on Saturday. He said, “We’re in crisis mode with the alarmingly low ‘normal’ level of testosterone in all men. Men are no longer men, they’re neutered. We need to make men strong again.” For reference, testosterone in … Read more

GOODER AND HARDER: Portland Mayor Scrambles as Fallout From Mass Resignations of Portland Riot Squad Begins.

The mass resignation of 50 police officers from the Portland Rapid Response Team following the indictment of one of its members on 4th-degree assault charges has shaken the city’s public safety membership to its core. Mayor Ted Wheeler, who many RRT officers blamed for not standing up and supporting the unit when they came under fire, is … Read more

CALL IT “SETTLER COLONIALISM:” Biden dumping illegal migrants around the nation without notice.

The Biden administration is speeding up the placement of young illegal immigrants in cities around the nation with little or no notice to local officials, a “reckless” result of the president’s bid to erase the border legacy of former President Donald Trump, according to a leading GOP critic. Indiana Sen. Todd Young told Secrets that there has been … Read more

It’s ‘shocking and embarrassing’ the US has a president who ‘forgets what he’s saying’… ‘struggled to even communicate’ amid ‘clear cognitive issues’

Sky News host Sharri Markson says it is “just so shocking” and embarrassing that the United States has a president who forgets what he’s saying and “can’t get through a sentence”. “To ignore problems like that is just incomprehensible, that it’s not even covered by their mainstream media,” Ms Markson said. “Clearly there are problems … Read more

Utility Companies are Remotely Controlling “SMART” Thermostats Installed in Customers’ Homes

Power companies in Texas are remotely raising temperatures inside of some customers’ homes amid the state’s ongoing energy shortage. Houston resident Brandon English, whose home has an internet-connected smart thermostat installed, was shocked to learn of the practice after his wife and infant daughter “woke up sweating.” Speaking with KHOU 11, English stated that despite … Read more

Negative Real Junk Bonds

by UPFINA The long term trend has been towards online shopping, but brick and mortar stores are still prevalent for many types of goods and services. It might be a great time to invest in brick and mortar stores because competition has fallen. Plus, multiples are lower because the business isn’t sexy. Before the internet, general … Read more

Can’t imagine why survey respondents say it’s a bad time to buy a home

Can't imagine why survey respondents say it's a bad time to buy a home pic.twitter.com/guajV4Oo3o — Not Jim Cramer (@Not_Jim_Cramer) June 20, 2021 https://twitter.com/TeddyVallee/status/1406444706343628804 The US monetary base has gone vertical again. @TaviCosta https://t.co/ze7mC1PpHm pic.twitter.com/Qgw0HAMDhH — Crescat Capital (@Crescat_Capital) June 19, 2021 The St. Louis Fed President James Bullard expects a rate increase late next … Read more

Ronald Stoeferle: Silver is looking explosive … Robert Kiyosaki: A storm is brewing in the US …

BY JOHN RUBINO David Garofalo: For gold miners, declining reserves are an existential crisis … Ronald Stoeferle: Silver is looking explosive … Chris Martenson: When this runs short, look out … Lacy Hunt: Inflation today, but deflation tomorrow … Robert Kiyosaki: A storm is brewing in the US … Alasdair Macleod: After Basil III, gold will … Read more