On Wire

by Chris Black It’s an obfuscation… the state ultimately has the upper hand over business and force these companies to lobby them for favorable treatment. Microsoft didn’t start lobbying the government until after an anti-trust lawsuit was brought against them. Still I think breaking up these companies into smaller ones would be a net positive … Read more

by Chris Black I counted 23 regulatory agencies on this page governing every detail of the US economy. “Muh neo-liberal unfettered capitalism gone wild” is just a myth created by Marxist leftists so they can petition for more and more communism, regulation, higher taxes, red tape, etc., until it reaches full socialization – slow drip … Read more

by Chris Black These black politicians are fleecing taxpayers. “The Tennessee State Senate expelled one of their own after being convicted of fraud—the Senator, a Black, female, Democrat, alleges her expulsion was racially motivated. According to a local Fox News affiliate, Federal authorities charged Robinson with stealing more than $600,000 from federal grants received by … Read more

by Chris Black Weird. Yesterday there was a post on the Reddit r/conspiracy sub that mentioned why so many things cost money that we have to pay for, yet millions of hours of porn are free to watch. All comments were removed by mods. https://archive.is/29lhj This guy gets it: "Pornography and Political Control" – E. … Read more

by Mac Slavo of SHTFplan Based on the simple fact that we have all noticed just how much our grocery bills have gone up, it should not be shocking to hear producers claim inflation is going to be running theme in 2022. But one month into this year, many think it’ll just “get better.” Major consumer product makers … Read more

by Shaun Richards One of the features of the modern era is the way that central banks have come to regard house prices as one of their main agents of monetary policy. Come rain or shine they must be pumped up. The crisis we have just been through is an example of this. It is … Read more

by Flokki_the_Monk Press Release from Financial Stability Oversight Council through Treasury on Friday: https://home.treasury.gov/news/press-releases/jy0587 FSOC includes Janet Yellen, Jerome Powell, & Gary Gensler. This is coming from the top, which means all 3 have been forced to admit these issues exist. This section runs through most of what we’ve already learned about Hedge Funds, but it is … Read more

Are US #Credit Markets starting to deteriorate alongside weakening #economy? #Fed starting to take away the kool-aid? pic.twitter.com/zeLd2hawjJ — CrossBorder Capital/ GLIndexes (@crossbordercap) February 7, 2022 Euro high yield in free fall pic.twitter.com/jSZdlTPYEN — Alessio (@AlessioTMAD) February 7, 2022 We’ve just had a flattening #yield curve; more convexity; higher volatility and now the final shoe … Read more

Mohamed El-Erian on Whether Economy Can Handle Seven Fed Rate Hikes Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, Cambridge, joins CNBC’s ‘Squawk Box’ to discuss the Federal Reserve’s interest rate policy, inflation and more. Seven Hikes? Fast-Rising Wages Could Cause the Fed To Raise Interest Rates Even Higher This Year Too … Read more

Last spring, disgraced New York Gov. Andrew Cuomo signed into law a simple but sweeping reform that would have required nursing homes to spend a majority of their revenue on patient care. Specifically, the law required nursing home operators to spend 70 percent of their (near-exclusively government-supplied) revenues on qualified patient care–related expenses, more than … Read more