Capitol Hill to Make First Attempt at Regulating Cryptocurrency

Sens. Cynthia Lummis and Kirsten Gillibrand introduced legislation Tuesday to create a regulatory framework for the crypto markets. The Lummis-Gillibrand bill would classify the vast majority of digital assets as commodities. The Responsible Financial Innovation Act would empower the Commodity Futures Trading Commission to regulate most of the industry. Sens. Kirsten Gillibrand and Cynthia Lummis … Read more

You don’t see this everyday…

COW LOOSE ON OKC HIGHWAY 🐄🤠 Sky 5 was flying over the moments when cowboys and emergency crews wrangled a cow that got loose on a busy Oklahoma City highway. https://t.co/pgZRNirP9R pic.twitter.com/NgnlgqiEEA — koconews (@koconews) June 6, 2022

The Fed cannot fix the supply-side driven inflation. The velocity of money is causing more inflation. This will all cause consumer spending to decrease, layoffs, and a deep recession likely for some time.

by stylishskunk Enough of “oh I don’t have a crystal ball”, blah blah bullshit. Let’s sum up what the fuck is going on. It’s bad. It’s getting worse. It’s getting worse quickly. Let’s look at the problematic topics in the economy right now…. 1) Inflation 2) Interest rates 3) Consumer Spending Firstly, inflation… obviously high. Going … Read more

Elon Musk sent a letter to $TWTR and SEC threatening to terminate his acquisition of Twitter after Parag Agrawal has ‘resisted and thwarted’ his efforts to understand the spam/bot problem.

by ReviewEquivalent1266 Elon Musk sent Twitter and the SEC a letter earlier today (June 6th, 2022) threatening to terminate his $44 billion agreement to buy the company based on Twitter’s refusal to provide information about the company’s massive spam/bot problem. According to the billionaire, Twitter has stonewalled his requests for information since May 9th and if they … Read more

A highly levered economic system literally doesn’t function when Treasuries and stocks correlate continuously on the downside.

https://twitter.com/leadlagreport/status/1534159210560339968 cost of money beginning to bitehttps://t.co/Y2ajk6DuDs — Jim Panzee (@Ozard_OfWiz) June 7, 2022 “Target’s struggle to adjust to rapid shifts in demand amid stubborn inflation that’s forced consumer spending into less-profitable staple goods and away from discretionary categories such as electronics and home products” – keep rotating pic.twitter.com/YSiW8w3GHu — Menthor Q (@MenthorQpro) June 7, … Read more

Transgenders now demanding Cash Reparations… We are women who have a penis…

Ganesha Gold Buffalo, a male-to-female trans “sex worker,” said that colonialism caused her to “[wake] up at four in the morning … to sounds of my ancestors screaming from outside my window.” She followed the voices into the woods and the “nature spirits” decolonized her mind. pic.twitter.com/d7akOHopbL — Christopher F. Rufo ⚔️ (@christopherrufo) June 6, … Read more

70 UK Firms Adopt 4‑Day Week

Thousands of workers across the United Kingdom are set to begin a four-day work week trial from Monday while still receiving 100 percent of their wages. The experiment has been arranged by not-for-profit organization 4 Day Week Global in partnership with the think tank Autonomy, the 4 Day Week Campaign, and researchers at Cambridge University, … Read more

US Real Estate Housing Bubble Far From Popping Despite Much Higher Mortgage Rates?

Jason Hartman interviewed by Jason Burack of Wall St For Main St Jason Burack of Wall St for Main St interviewed returning guest, real estate expert, successful real estate investor and real estate investing educator, Jason Hartman https://www.jasonhartman.com/ For a 30-year, fixed-rate mortgage, the average rate you’ll pay is 5.35% which is up a lot in the last 6-8 … Read more

BLINK: Fed Delivers Fuzzier Rate Message

With half-point interest-rate increases all but certain in June and July, Federal Reserve officials are shifting the focus away from a destination on hikes to something that’s trickier to determine and explain: the broader impact of their policies on the economy. At the start of the hiking cycle, Chair Jerome Powell said the goal was … Read more

NEW CANCER TREATMENT CURED 100% OF PATIENTS

Clinical trial of dostarlimab cured 18 patients in the US of colorectal cancer One researcher said that it was the ‘first time this has happened’ in a cancer trial It is still too early to declare the drug a cancer cure because the trial was small  Doctors are expanding trial for gastric, prostate and pancreatic cancer … Read more

“Elections Won’t Fix This a hegemonic bureaucratic class that is not controlled by the political class and believes that it possesses total power”

Authored by Jeffrey Tucker via The Brownstone Institute, Americans have limitless faith in democracy. In the early 19th century, that charmed Alexis de Tocqueville. His book Democracy in America still rings true today because not much has changed. The entire country can be in ruins and even then, most people figure that it will all be improved or … Read more

4 Really Big Names That Are Warning That Major Economic Disaster Is Ahead

by Michael I hope that you are enjoying these beautiful summer weekends while you still can, because it appears that very troubled times are dead ahead.  Simultaneously, inflation continues to spiral out of control even as economic activity in the U.S. dramatically slows down.  Many have compared what we are currently experiencing to the “stagflation” … Read more

Japan figured out how to get free energy.

Japan is both power-hungry and fossil-fuel reliant making for a bad combination but that could all soon change. The nation has now successfully tested a system relying on the deep ocean that could provide a reliable steady form of renewable energy, according to a report by Bloomberg published Tuesday. A project over ten years in … Read more

Burger King in Austria Debuts ‘Pride Whopper’ With Two Top Or Two Bottom Buns

Burger King Austria unveils same-side bun Pride Whopper in honor of Pride Month. The Pride Whopper is available from now until June 20th. pic.twitter.com/Q03gJDZq3k — Pop Crave (@PopCrave) June 3, 2022 “Burger King Austria is celebrating Pride Month by introducing the “Pride Whopper,” a hamburger that comes with either two top or two bottom buns. … Read more