Month: June 2022

GOOGLE’S Bankruptcy Declaration; Russian Subsidiary Submits Bankruptcy Declaration-Ifax

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(Reuters) -The Russian subsidiary of Alphabet’s Google (NASDAQ:GOOGL) has submitted a declaration of bankruptcy, Interfax reported on Friday, citing court filings online. The subsidiary announced plans to file for bankruptcy in May after authorities seized its bank account, making it impossible to pay staff and vendors. https://www.investing.com/news/stock-market-news/googles-russian-subsidiary-submits-bankruptcy-declaration-ifax-2838149

Millions face mortgage misery…

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Millions of homeowners face mortgage misery after interest rates jumped for the fifth month in a row to a 13-year high of 1.25 per cent, which is this is the fastest that rates have risen over a six-month period since 1988. Borrowers with variable-rate deals will see their bills soar by hundreds of pounds a … Read more

Fed Chair Powell: “Rapid changes are taking place in the global monetary system that may affect the international role of the dollar.”

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NEW – Powell: "Rapid changes are taking place in the global monetary system that may affect the international role of the dollar." A US central bank digital currency is being examined to "help the US dollar's international standing." pic.twitter.com/htP6r1brNz — Disclose.tv (@disclosetv) June 17, 2022    

Dogecoin Disaster? Elon Musk is being Sued for $258 Billion for Crypto Pyramid Scheme

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Elon Musk, the world’s richest man, and his companies, Tesla Inc and SpaceX, are being sued for $258 billion over claims that he was involved in a Dogecoin cryptocurrency scheme that inflated the coin’s price and left investors with billion-dollar losses. What Happened: The class-action lawsuit, Johnson v. Musk, 22-cv-05037, accuses Musk of running a … Read more

*UPDATE* Second week of “Quantitative Tightening” and FED INCREASED its ~$9TN balance sheet by $14 Billion, including $20BN increase in residential MBS. As we’ve exposed, FED is buying more USTs and MBS than their own principal estimates. Zero explanation. Zero justification.

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*UPDATE* Second week of "Quantitative Tightening" and FED INCREASED its ~$9TN balance sheet by $14 Billion, including $20BN increase in residential MBS. As we've exposed, FED is buying more USTs and MBS than their own principal estimates. Zero explanation. Zero justification. https://t.co/EJtMSLnS82 pic.twitter.com/8s142NGvtE — Fix The Fed (@FixTheFed) June 16, 2022

A dozen Boston parking-enforcement officers under investigation for writing fake tickets to get off work, city says

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Six parking enforcement officers are off the job and another half-dozen are under the microscope after the city says it found that the ticket-writers had been penning fake or bad fines while they skipped work. Chief of Streets Jascha Franklin-Hodge told the Herald that the city has “clear evidence” of misconduct by six officers who … Read more

Phoenix OKs $19.8M police pay hike; some residents advocated for better ways to improve public safety

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Two years after thousands of residents descended on Phoenix streets to protest police brutality and call on the city to divert money from police, some of the same activists were outside City Hall on Tuesday to condemn pay raises for officers. They called for better uses of the $19.8 million in police pay hikes that the City … Read more

A MAJOR REASON HUNTER BIDEN’S LAPTOP MUST BE INVESTIGATED AND THE CROOKS TRIED AND CONVICTED…

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Political Corruption and Injustice Threaten U.S. National Security. Bottom line: The sellout of fundamental American values by U.S. political and scientific elites for Chinese cash does strategic damage to America just as Pearl Harbor and 9/11 did psychological and operational damage. Professors; political creeps; the universities that debase and ignore American constitutional, political and cultural … Read more

US Recession Odds At 71.7%

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by confoundedinterest17 I couldn’t sleep at all last night … after The Fed cranked up their target rate 75 basis points. The odds of a recession grew to 71.7% as The Fed hikes rates. Over the next 24 months, the probability of a US recession is 98.5%. The NASDAQ index tanked -4% today on the fallout from … Read more

Something Just Went BEZERK in the Timor Sea. A US Navy destroyer was swarmed by a flock of Chinese drones

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Skip to 3:30 in this video, to hear the news item about the swarm of drones; probably the dronees were Chinese! News of a US Navy ship ‘swarmed’ by a ‘fleet of drones’ emerges A US Navy ship was “swarmed” by a fleet of drones, according to former Australia-China Council scholar Andrew Phelan. “It’s emerged … Read more

We Are In A Global Liquidation Mode

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Bulls, it turns out that in 2022 you were fed a big load of bull shit. What was supposed to be an imminent Fed bailout turned out to be record tightening in a recessionary bear market. This is called GLOBAL LIQUIDATION mode. pic.twitter.com/q83D8f7phb — Mac10 (@SuburbanDrone) June 16, 2022 World’s Central Banks Unleash Most Hawkish … Read more

USA Today is a fact check partner for Facebook and maybe even Twitter. They just got busted produce fabricated news. Literally fake. Made up. Complete disinformation.

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USA Today is a fact check partner for Facebook and maybe even Twitter. They just got busted produce fabricated news. Literally fake. Made up. Complete disinformation. Will Twitter be issuing a “deboost” penalty against USA TODAY. @elonmusk https://t.co/QzEttexw5d — Cernovich (@Cernovich) June 16, 2022

I used to think solar was the best way to make electricity, but I was wrong.

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2/ Nuclear power is safe! People falsely believe it’s dangerous–like they falsely believe airplanes are more dangerous than cars. They’re swayed by emotion & don’t consider the evidence. — Brian Gitt (@BrianGitt) June 16, 2022 4/ Only ~200 people have died as a result of radiation from a nuclear accident in 60+ yrs. Yet millions … Read more

Rand Paul heated exchange with Fauci…

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Short highlight… I asked, "Can you tell me if anyone on the vaccine approval committees ever received money from the people who make vaccines?" Fauci : "People who receive royalties are not required to divulge them." pic.twitter.com/a0YIm2jfvZ — Senator Rand Paul (@SenRandPaul) June 16, 2022 h/t CFP