Democrats don’t really want to run on $5-a-gallon gas, 9% inflation, and scarce baby food this November.

As was pre-ordained, the House Judiciary Committee passed HR 1808 on to the full House of Representatives yesterday. The bill moved on after a party-line vote which was preceded by some of the most entertaining debate and testimony in recent memory. And by entertaining, we mean in a facepalmingly sardonic, end-of-the-empire kinda way. As was … Read more

Emerging markets credit crunch around the corner

Emerging markets credit crunch around the corner https://t.co/72RQpWDSbF — Alessio (@AlessioTMAD) July 20, 2022 The contagion of liquidity crunch Caixin pic.twitter.com/8AIZivyK2i — Alessio (@AlessioTMAD) July 21, 2022 Emerging markets performance worst since Asian financial crisis pic.twitter.com/oRLg9cIBQc — Alessio (@AlessioTMAD) July 20, 2022 Back in 2015 and 2018 the Fed blew up global markets with a … Read more

Who wants to be on record ignoring the largest collapse in history while it happened?

Anyone who thinks THIS is capitulation is a useful idiot. Who wants to be on record ignoring the largest collapse in history while it happened? Permanent loss of credibility. pic.twitter.com/lWUTttYCZS — Mac10 (@SuburbanDrone) July 21, 2022 Inventory glut anyone? Recession in production https://t.co/tuWlf56lF3 — Alessio (@AlessioTMAD) July 21, 2022 Lo spread 244bps.. QE + rate … Read more

Second round of the airstrike of Israel Air Force at IRGC related targets in Damascus.

Note: Unconfirmed. His claim, not mine. #BREAKING: Second round of the airstrike of #Israel Air Force at #IRGC related targets in #Damascus. You can hear the cruise missiles flying toward Damascus in this footage. The first round have most likely targeted air defense systems of #Syrian Arab Air Defense Force. pic.twitter.com/sgAg5ddYUC — Babak Taghvaee – … Read more

Cost of living: ‘Blood, sweat’ for a Seoul food delivery driver

by Boo_Randy All over the world, the financial elites are massively increasing their wealth, while the 99% keep falling further behind economically. https://www.aljazeera.com/economy/2022/7/21/cost-of-living-blood-sweat-for-a-seoul-food-delivery-driver As fuel prices rise and pay rates stay the same, a driver and labour rights leader is fighting increasing precarity.

The reason your AMAZON order is delayed: 15 container ships carrying tons of essential goods are forced to drop anchor off California coast as Port of Oakland truckers go on strike (and it could last months)

by Boo_Randy Heckova job sorting out that supply chain mess, Pete Buttplug. https://www.dailymail.co.uk/news/article-11035699/Trucker-strike-Port-Oakland-15-container-ships-waiting-dock-four-day-closure.html New photos show the growing number of ships waiting offshore as a trucker strike disrupts operations at the Port of Oakland in California. The largest marine terminal at the Port of Oakland was closed on Thursday, while the three other marine terminals … Read more

Blackstone has raised $24B for its latest real estate fund (vulture funds getting ready to pounce as millions of f**ked borrowers get foreclosed on after Housing Bubble 2.0 implodes)

by Boo_Randy Looks like the vulture funds, flush with oligarch cash and with access to unlimited Yellen Bux “stimulus” free money, are set to swoop down and once again hoover up millions of distressed houses after the Wall Street-Federal Reserve Looting Syndicate actuates the next Great Muppet Reaping, to include triggering a housing bubble bust … Read more

TSA is allowing illegal aliens to fly using arrest warrants and deportation notices as a valid form of identification.

The head of the Transportation Security Administration said on Thursday that “under 1,000” illegal immigrants have been allowed to board planes using warrants as identification this calendar year — as he faced a grilling on the matter from Sen. Josh Hawley, R-Mo. Hawley asked TSA Administrator David Pekoske at a Senate hearing about a TSA … Read more

Was this a Problem~Reaction~Solution scheme from the very start to justify foisting hyper-controls on San Fran?

When San Francisco District Attorney Chesa Boudin was ousted from office in a recall election last month, his deep-pocketed opponents painted a picture of a weak prosecutor with soft-on-crime policies catering to the social justice set. Just weeks later, local officials have lurched in a dramatically new direction, advancing a sprawling surveillance program that would … Read more

Some may think bad news is baked in, but I am inclined to think it gets worse before it gets better.

Some may think bad news is baked in, but I am inclined to think it gets worse before it gets better. pic.twitter.com/jQggja1eXo — Markets & Mayhem (@Mayhem4Markets) July 21, 2022 Based on Philly Fed new orders indexes (current and future), avoiding recession would be unprecedented. pic.twitter.com/aczBYxPBZX — Willie Delwiche, CMT, CFA (@WillieDelwiche) July 21, 2022 … Read more