Breaking news, updates, and reports on current events.
by Dave Kranzler of Investment Research Dynamics The following analysis was presented earlier this month in the Short Seller’s Journal. I agree with the title quote but it’s not mine. The CEO of luxury furniture retailer, Restoration Hardware ($RH), commented on the Company’s Q3 earnings call: “For the housing point of view, there is no soft landing…It’s looking more like … Read more
A massive labor shortage continues to hamstring the economy, with millions more empty jobs than unemployed job-seekers. All the while, millions of people remain on the sidelines, with the labor force participation rate significantly below the pre-pandemic norm. Why are so many potential workers sitting idle while jobs need to be filled? Well, the astoundingly bloated nature of America’s … Read more
The search continued Monday for vandals who targeted four power substations on Christmas Day in Pierce County, Washington, setting fire to at least one of the facilities and knocking out power to more than 14,000 utility customers, authorities said. Two of the break-ins were at Tacoma Public Utilities substations and two others were at a Puget Sound … Read more
A Seattle official has been handed a sarcastic award for banning city workers from displaying Christmas or Hanukkah decorations in their own homes while on Zoom calls to avoid offending colleagues with different beliefs. Gloria Ngezaho is the workforce equity manager for King County, which encompasses Seattle, and was handed the Ebenezer Award from the … Read more
Eric Schmidt, a former Google CEO who has also advised the United States (US) Congress and the White House, has helped to pay the salaries of more than 24 Biden administration officials via donations from his research and investment firm, Schmidt Futures, to the nonprofit research and advocacy organization, the Federation of American Scientists (FAS). Schmidt Futures … Read more
Good development, let China,Russia, Iran and north Korea show America and it's allies that they are not world policing countries that other countries cannot act against their mischievous and aggressive behaviour https://t.co/JwIU1DvsGk — Moha (@Naibi__) December 26, 2022 Multiple drones from North Korea crossed into South Korea on Monday and flew over its territory, South … Read more
A once rising star in the Democratic Party is falling to earth, leaving disillusioned young politically minded folks clamoring for answers. Stacey Abrams – who raised more than $103 million in her ultimately unsuccessful quest to win the governor’s seat in Georgia – now has a few questions to answer: namely, where’s the money? The … Read more
The woke university implosion — and what comes next In a famous exchange in the “The Sun Also Rises,” Ernest Hemingway wrote: “How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually, then suddenly.” “Gradually” and “suddenly” applies to higher education’s implosion. During the 1990s “culture wars,” universities were warned that their chronic … Read more
A nonprofit that pays bail for arrested individuals has shut down its Las Vegas chapter after freeing a man who went on to nearly kill a waiter The Bail Project paid a $3,000 bail for Rawshawn Gaston-Anderson, 24 in December 2021 after he was arrested for burglary and theft Six days later, the man opened … Read more
Let’s hope 2023 is better. I’ll leave the comments on the liberals idea of wholesome family entertainment to you Ready, set, go pic.twitter.com/3vNJ5cBX21 — • Mischief ™ • (@kingojungle) December 25, 2022 Dan
BILL GATES – Explaining his vision of ‘Death Panels’ where money used to keep poor & sick people alive for a few extra months, could be better spent on teachers. Proof if you needed it. From his own mouth. He wants to kill off those useless old and sick people. He also says money’s wasted … Read more
I've studied nuclear war fighting for 53 years. Every expert from Herman Kahn to Albert Wohlstetter says "don't escalate." Biden is escalating without limit. So, it's not complicated. Get ready for a nuclear war. https://t.co/tbKpdZf5C3 — Jim Rickards (@JamesGRickards) December 22, 2022
Lance Roberts with Jason Burack of Wall St For Main St During this 50+ minute interview, Jason asks Lance about risk to the global economy, Fed rate hikes ending soon but still causing a lot of problems and why the Fed will have to do a 180* in 2023. Lance experts US Treasury bonds, gold (and select tech stocks) … Read more
Three power substations in East Pierce County were attacked and vandalized early Sunday, resulting in power outages affecting thousands of customers. The sheriff’s office reported that a third substation on South Hill, operated by Puget Sound Energy, was also attacked earlier Sunday. Both incidents were described as burglaries, but nothing was taken, said sheriff’s spokesperson … Read more
Note: text version below. View post on imgur.com Pardon my French, but f*** these kids. (self.Teachers) submitted 8 days ago by disposable2104 (Warning: Rant) I have never, ever felt so disillusioned, demoralized, and cynical in my life as I do this year. My students are unmotivated and apathetic to a point of absurdity. They lack … Read more
from Monetary-Metals The yield on the 10-year bond recently fell below the rate paid by the Fed on bank reserves. That is, a bank gets paid more to lend to the Fed for a day than to lend to the Treasury for ten years. There is not merely an inversion between the 2-year and the 10-year … Read more
People crying because it is cold. Guess what? It is cold in Texas too. Worthless @GovAbbott dropping off people with no money and no means on Christmas Eve in 15 degree weather near the VP’s residence. How Christian of you, Greg Abbott. Being a heartless POS isn’t going to make you the next Republican President. … Read more
