James O’Keefe: “Linda Malone, Maryland elections admin, RESIGNS day after @OKeefeMedia expose showing thousands of contributions through individual Annapolis, MD home addresses”

Linda Malone , Maryland elections admin, RESIGNS day after @OKeefeMedia expose showing thousands of contributions through individual Annapolis, MD home addresses https://t.co/QlNIrgBaGO — James O'Keefe (@JamesOKeefeIII) March 30, 2023 Just a day after declining to comment on our story uncovering …

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Hail Zorp! The Fed Waited Too Long (Again) To Fight Inflation, Now Banks and Consumers Are Getting Hammered (Mortgage-backed Securities Got Clobbered Once Fed Started Raising Rates)

by confoundedinterest17 Former Fed Chair (and current Treasury Secretary) Janet Yellen protected President Obama by raising The Fed’s target rate only once while Obama was in office. Then raised rates 8 times after Donald Trump was elected in November 2016. …

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Inflation Alert! The Fed’s Preferred inflation metric dropped a little. However, PCE Price Index for services rose 5.7%. Remember, Nearly 2/3 of consumer spending goes into services! While Corporate Media will trumpet the decline in goods prices, inflation is RAGING and showing no signs of slowing.

by Dismal-Jellyfish Before we get into the number, Governor Philip N. Jefferson’s recent speech does a pretty good job level setting PCE price index for those wondering what it is: Different Ways to Measure InflationThe two primary measures of the price level in the …

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CULTURE OF CORRUPTION: TikTok’s Behind-the-Scenes Help in Washington: Former Obama, Disney Advisers: Zenia Mucha, Jim Messina and David Plouffe were brought on to advise the video app’s CEO on handling U.S. criticism over China ties.

via WSJ: TikTok has enlisted three heavyweights from American politics and business to advise it behind the scenes as the social-media app tries to convince U.S. authorities that it isn’t beholden to the Chinese government. David Plouffe and Jim Messina, …

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CHANGE: Democrat Governor In Heavily GOP State Signs Bill To Crack Down On Woke Investments… 21 States Threaten Banks with Legal Action Over Woke Policies.

via dailywire: Critics of the ESG movement largely align with conservatives and assert that the philosophy intermixes political and social causes in a manner that compromises or distracts from profitability. Beshear signed a bill last week to require fiduciaries of the …

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Earnings estimates are back near record levels again. This wave of excitement seems quite excessive and completely unwarranted. Citigroup analysts are already donwgrading earnings estimates, so they can beat them.

Earnings estimates are back near record levels again. This wave of excitement seems quite excessive and completely unwarranted. After reaching over 90% of yield curve inversions in the US Treasury market, the risk of a full-blown economic recession remains significant for… pic.twitter.com/jML58pdg6B …

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‘The next six months will be tumultuous. The market will soon become bidless, and those who were chasing the “blow-off” will soon be clamoring to sell at any cost.’

https://twitter.com/MFHoz/status/1641495099073781776 For bulls who are tempted to buy bank stocks right now, I refer you to the chart below. Because this is the fate I predict awaits every bank that requires government bailout. There's no such thing as a "systemically …

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These Economic Numbers Are Staggering

by Michael If you are struggling to make it in this economy, you are not alone, because there are millions of other Americans in the exact same boat.  Needless to say, the cost of living has become extremely oppressive, and …

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Not a ‘bailout’! $388.2475 billion in liquidity: A review of the tools the Fed is leveraging to provide banks liquidity while we get rate hikes: Discount Window, Central Bank Liquidity Swaps, Bank Term Funding Program (BTFP), “Other credit extensions”, and “Foreign Official”.

by Dismal-Jellyfish This week’s Fed balance Sheet: https://www.federalreserve.gov/releases/h41/20230330/ What we are monitoring: Discount Window/Primary Credit Central Bank Liquidity Swaps Bank Term Funding Program (BTFP) “Other credit extensions” “Foreign Official” Tool 3/15 3/22 3/29 Discount Window/Primary Credit $152.85 billion $110.248 billion …

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