Energy firms could get government loans to take on customers from companies that go bust

Business Secretary Kwasi Kwarteng says energy companies could be offered state-backed loans in return for taking on customers from smaller suppliers if they go under. Soaring global gas prices have throw the industry into crisis, hitting some smaller suppliers, but Mr Kwarteng insisted it was a “myth” that the UK supply of gas could run … Read more

A different way to think about the Evergrande collapse

by Simon Black On the evening of June 9, 1772, Alexander Fordyce was drunk out of his mind when he came stumbling home to his wife. As Fordyce was a widely respected London banker and senior partner at the firm Neale, James, Fordyce, and Down, this behavior was uncharacteristic… and his family was rightfully worried. The … Read more

Jim Bianco: Will the stock market sell-off worsen?

CNBC, Released on 9/21/21 The S&P 500 just closed its worst day since May on Monday, accelerating a September slump triggered by China’s Evergrande debt crisis, seasonal weakness and a looming deadline to raise the debt ceiling. Those concerns contributed to market unease, but Bianco Research President Jim Bianco says the market’s next move all … Read more

United Nations claims the world is on the “edge of an abyss” as the General Assembly convenes with leaders in attendance for the first time

https://twitter.com/disclosetv/status/1440305874967281665 #Humanrights are under fire.Science is under assault.And economic lifelines for the most vulnerable are coming too little and too late —if they come at all.Solidarity is missing in action — just when we need it most. #UNGA76 pic.twitter.com/is3zwN9Rto — UN News (@UN_News_Centre) September 21, 2021   h/t dr0id

“A fraud of epic proportions”!

by ruthless_master An SEC document from 17th Sep 2008 detailing everything about naked shorts and counterfeiting of shares! The document is titled “Where are Our Regulators and Who are They Protecting?” And it mentions “market manipulation” and government advisor’s conflict of interest! https://www.sec.gov/comments/s7-08-09/s70809-407a.pdf Edit: I stumbled upon this document during my research about Fannie Mae and … Read more

Samuel Adams to release $240 Utopias beer 28% ABV, illegal in 15 states + Customer leaves $3,000 tip for a single beer at Ohio restaurant

BOSTON, Mass. (BRPROUD) — Samuel Adams is back with its Utopias beer, which is 28% alcohol by volume and comes at no small price. Samuel Adams beer maker Boston Beer Company typically releases a very limited number of Utopias every two years, Fortune reported. And if you can find it, this year’s batch will hit … Read more

Buffalo Philharmonic: No White or Asian Conductors Need Apply

…Orchestras for which such language is not exclusionary enough have turned to the use of “fellowships” — preprofessional apprenticeship or mentorship opportunities earmarked for certain racial or gender groups, particularly women or minorities. By describing these opportunities as “fellowships,” not jobs, they are able to circumvent antidiscrimination laws. But orchestras are now extending this strategy … Read more

Chicago Mayor Beetlejuice Pushes for Free Monthly Money for 5,000 Families… Chicago’s Debt Over $48.5 Billion. While employers are begging

While employers are begging people to get back to work, the Mayor of Chicago isn’t helping. Instead of stopping payments to people in the city, she wants to continue the giveaway with free money for those she considers “low income.” Don’t we have food stamps, welfare and just about every other freebie known to man? … Read more

Did anyone else know this? Shits about to get real real with Evergrande

S&P says Beijing unlikely to step in as Evergrande steps closer to default After stock markets across the world posted their worst day in months yesterday, financial analysts have scrambled to get an idea on whether a major source of the woe, China’s second-largest property developer the Evergrande Group, will be left to fend off … Read more

The Fed is in a scandal….

Suddenly becomes a conflict of interest, though, JUST before a market correction/?crash New developments over the weekend in the ongoing story of disclosures, trading and security ownership by Fed officials.@steveliesman reports: pic.twitter.com/LkffFr57cM — Squawk Box (@SquawkCNBC) September 20, 2021  

It’s happening… BUCKLE UP!

CNBC Interview with Kyle Bass Full Interview with Missing 8 Minutes. Evergrande and Warmongering. Timestamps in Comments Click to expand The CNBC . com upload only had the first 4:30. Here are some timestamps for the rest of the video. 07:14 – Evergrande is the first block in the Jenga puzzle that’s gonna cause the … Read more

Are We In The Midst Of The Largest Financial Bubble In American History?

Are We in A Financial Bubble? – Peter Grandich Interview Peter Grandich is Dave Russell’s guest on GoldCore TV this week and talks about how he believes that the US financial, political, and military reputation has been seriously damaged. Highlights from this interview: Are we in the midst of the largest financial bubble in American … Read more

Irony died a thousand deaths…

  Records show Ms James herself owes thousands to the tax office. Her company Cultural Brokerage Agency was formed in 2011 and is now known as Brother Vellies. According to The Post’s report, it has been served 15 tax warrants in total since 2015. As per reports, the Worker’s Compensation Board fined the company $17,000 … Read more

New England, California to See Soaring Energy Costs This Winter

(Bloomberg) — Natural gas futures have been soaring, and they’re set to get especially high in New England and California in the coming months.Most Read from BloombergU.S. inventories are tight, to the point where a harsh winter could mean a supply crunch. Any shortages would have an outsized impact on New England, where limited pipeline … Read more

TWITTER to Pay $809 Million to Settle Suit Alleging Dorsey Misled Investors…

Twitter disclosed a binding agreement to settle a class-action lawsuit, under which the social network will pay $809.5 million to resolve claims it provided misleading user-engagement info to investors. The original lawsuit, filed in 2016 by a Twitter shareholder, alleged Dorsey and others including former CEO Dick Costolo and board member Evan Williams hid facts … Read more

The FBI is Out of Control

by Chris Black FBI agents committed perjury in court and made false accusations so they could literally rob people of their life’s savings.  $86 million dollars were looted.  The DoJ uses asset forfeiture funds to finance some of their more dubious operations (paying confidential informants, for example).  The desperation that they are showing in this … Read more

Riot Police Officer Depicts the Grim Situation in Totalitarian Australia

by Chris Black A Victoria police officer from the riot squad today in Melbourne expressed his own grievances on camera, and revealed that he’s being forced to choose between dishonourable police work and bankruptcy.   “I’m just as over this lockdown as you are mate, but this is my job. I’m not skilled to do … Read more

This is the Kind of Environment In Which Crashes Can Happen

 by The Phoenix Stocks got creamed yesterday, but thanks to late day manipulation, they ended up well off the bottom. From a purely technical perspective, the S&P 500 has broken below its 50-day moving average (DMA) for the first time since March 2021. Stocks then bounced hard off the 126-DMA (six month moving average). It will … Read more