Month: April 2023

New York Post: “Ex-Biden official Sam Brinton to undergo mental health evaluation in luggage theft case”

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Ex-Biden official Sam Brinton to undergo mental health evaluation in luggage theft case https://t.co/sKELZSindp pic.twitter.com/3u4bcVsdYR — New York Post (@nypost) April 19, 2023 Sam Brinton, the disgraced former Biden administration official accused of stealing luggage on at least two separate occasions, has agreed to undergo a mental health evaluation as part of a Minnesota adult … Read more

I Had To Find Out If This Was True…

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by Michael It appears that the crisis facing auto dealerships is far more dire than any of us thought.  Financial institutions are starting to get extremely tight with their money, and that is putting extreme stress on dealers all over the nation.  Many of us expected that this would happen, but it seems that things … Read more

DHS Official Has Office Raided, Covered in Crime Scene Tape

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The head of the office that tracks cross-border threats — including fentanyl and cartel activity — was walked out by security and questioned on Monday, sources tell Rolling Stone He is under investigation for an alleged security violation, bringing a personal electronic device inside the secure office, where phones and electronic devices are prohibited. https://www.rollingstone.com/politics/politics-features/dhs-official-office-searched-crime-tape-border-threats-1234717657/ … Read more

Well this is entertaining… John Fetterman chaired a subcommittee hearing today.

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The best of the best elected John Fetterman chaired a subcommittee hearing today. Here is his opening statement. pic.twitter.com/Y6EHYkhkBZ — Greg Price (@greg_price11) April 19, 2023 asking a question Here is John Fetterman asking a question to a witness at today's subcommittee hearing. pic.twitter.com/kb2jXO9O2C — Greg Price (@greg_price11) April 19, 2023 Staff holds up an … Read more

Disney Is Set to Eliminate Thousands of Jobs Starting Next Week.

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“Walt Disney Co. plans to cut thousands of jobs next week, including about 15% of the staff in its entertainment division, according to people familiar with the plans.” https://www.bloomberg.com/news/articles/2023-04-19/disney-is-poised-to-eliminate-thousands-of-jobs-next-week A 15% staff cut is probably a good idea. The problem is they’re going to cut the *wrong* people. Instead of the creative geniuses who have … Read more

WELCOME TO PORTLAND: Portland’s first Shake Shack hasn’t even opened yet, and it’s already been smashed up.

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What is to be Portland’s first Shake Shack was hit by vandals before it even opened. According to KGW8, someone broke a window in the brand-new restaurant but did not appear to get inside. The new location on West Burnside across from Powell’s Books is scheduled to open next Monday. According to police, the vandalism happened earlier this week. … Read more

Biggest Stock Performer YTD Says They’re Going to Leave the US

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by Chris Black Imagine my shock. Coinbase is the single best performing large cap stock YTD 2023. They’re beating Nvidia, Facebook, Spotify, and Tesla. Coinbase CEO Brian Armstrong calls out the SEC: “We are not seeing regulatory clarity in the 🇺🇸 US. Anything is on the table, including relocating." 👀😮 pic.twitter.com/5z1k19wbBe — Bitcoin News (@BitcoinNewsCom) … Read more

New Chicago Mayor Says Corporations Like Walmart are at Fault When Questioned About Recent Mass Lootings

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by Chris Black What can I say? Elections have consequences. NEW: Walmart is closing 4 of their store locations in Chicago. Gee, I wonder why. Here is Mayor-elect Brandon Johnson defending looters and attacking corporations. “You can’t condone the looting that corporations continue to do every single day when they take tax dollars from… pic.twitter.com/WRQb9EKDww … Read more

Question for So-Called Conservatives

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by Chris Black Conservatives are right to boycott Bud Light and Jack Daniels over Dylan Mulvaney, but when are they going to do the same to Fox News, the GOP and the rest of the authorized right for force feeding them Blair White and Caitlyn Jenner?

Unstable Equilibrium: Hedge Fund Skepticism and the VIX Spell Potential Trouble for Stocks

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by bitkogan Hedge funds and other large speculators have taken the most skeptical view of stocks since 2012. This fact alone doesn’t imply an inevitable market decline. On the contrary, sentiment could change for any reason, leading to a massive short squeeze. In March, the correlation between hedge fund positions and the VIX rose to … Read more

People are going to have to choose between food and paying their mortgage. Europe is heading down a dark path

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by BoatSurfer600 Europe and the rest of the world* Homeowners faced a fresh blow after higher than expected inflation raised fears interest rates could hit 5 per cent. Mortgage holders have been hit by a series of interest rate rises as the Bank of England attempts to bring spiralling price increases under control. Interest rates … Read more

Sen. Rick Scott: “The Federal Reserve has become a monster.” “It’s clear that we need answers and accountability that cannot be provided by the current system.” “We can’t wait any longer for big change at the Fed.” “If we do nothing, we risk repeating 2008.”

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by Dismal-Jellyfish Source: https://www.marketwatch.com/story/sen-rick-scott-the-fed-isnt-owning-up-to-its-failures-we-need-to-make-it-accountable-19d3697c The Federal Reserve has become a monster. The Fed is the world’s largest and most powerful central bank. It spent years buying up trillions in government bonds, mortgage securities, and other financial instruments. Altogether, its assets add up to a staggering $8.6 trillion. Considering that massive balance sheet, and how influential the Fed is … Read more

Something Is Wrong With the Bond Markets!

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by BoatSurfer600 What are the markets preparing for? The US Bond markets are under siege as the extreme front-end rates have decoupled. The 1M T-bill is now at 3.89%, and the 3M T- Bill is now at 5.20%. The spread is at a record 131 bps Sagar Singh LinkedIn  

Alleged Chinese Operative Arrested By FBI For Opening ‘Secret Police Stations’ Attended Ritzy Dem Events

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An alleged Chinese Communist Party (CCP) operative arrested by the FBI on Monday was pictured meeting with several prominent New York Democrats at swanky dinners and campaign events, a Daily Caller News Foundation investigation found. Lu Jianwang, whom the FBI arrested Monday for conspiring to act as an agent of the People’s Republic of China … Read more