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Why are they getting any bonus when the company is not even profitable? Woke Twitter staffers were told Friday that their upcoming bonus checks may be half what they expected due to a punishing second quarter and the costly battle with Elon Musk over his aborted $44 billion takeover bid. Company CFO Ned Segal sent … Read more
INCOMING: What is ‘tomato flu’? ‘Very contagious’ virus detected in kids, docs warn https://t.co/7YN4uXOo50 — NEWS MAKER (@NEWS_MAKER) August 20, 2022 h/t BoatyMcBoatface
BOGOTÁ, Colombia — It’s the largest producer of cocaine in the world, the source of more than 90 percent of the drug seized in the United States. It’s home to the largest Drug Enforcement Administration office overseas. And for decades, it’s been a key partner in Washington’s never-ending “war on drugs.” Now, Colombia is calling … Read more
“A US Circuit Court judge Wednesday lifted an injunction against a federal “pause” on oil and natural gas leasing after a previous enjoinment prevented the ban from going into effect. Fifth Circuit Court Judge Patrick E. Higginbotham vacated a previous judgment from June 2021 that stopped the federal government from enforcing Section 208 of Executive … Read more
by 2k3Mach My 401k is down over 22% year to date. The market has not been that bad year to date and is only down 7.87%. Why are we pushed/forced into 401k’s for retirement where we don’t have control of our own money and only allowed to buy certain “funds”? My TDAmeritrade private trading acct … Read more
As kids return to school, a new Texas law that was co-authored by Houston State Rep. Tom Oliverson is allowing groups to place “In God We Trust” signs on multiple campuses. The law states that the signs must be displayed in public schools if they’re donated privately to the school district, Houston station KHOU reported. … Read more
by Daisy Luther We’ve posted articles before on this website about the slow-burning SHTF that we’re witnessing here and here. Years ago, in 2016, I wrote about the economic crisis like this: The bottom line is, income will remain the same, decrease, or even disappear entirely for many of us. Meanwhile, the price of darn near everything will go up. Expect … Read more
by David Brady via Sprott Money Treasury Inflation-Protected Securities, or TIPS, are the inverse of real yields. When TIPS rise, real yields fall, and vice-versa. Gold has an inverse correlation to real yields, such that when real yields rise, Gold falls, and vice-versa. This means that TIPS and Gold are highly correlated. When TIPS rise, so does Gold, … Read more
More than six dozen busloads of migrants from Arizona and Texas have arrived in Washington, DC, this spring, as the border states attempt to curb a massive influx of migrant crossings along the Mexico border, according to a new report. More than 2,500 people released from Border Patrol custody have voluntarily traveled to the nation’s … Read more
h/t silvertomars
‘Ethiopian Airlines pilots fell asleep while enroute from Khartoum in Sudan to Ethiopian capital Addis Ababa and missed the landing. The pilots were meant to begin the flight’s descent to Addis Ababa’s Bole Airport. The radar data, however, indicates that they overshot their destination, as per an Aviation Herald report. The report further noted that … Read more
IT WAS A SCAM pic.twitter.com/Ka5yxXxVfp — Jack Posobiec (@JackPosobiec) August 19, 2022 h/t dr0id
by silvertomars Vancouver and Toronto inflate these prices. The real prices outside V and T are well lower, and more affordable. Commercial bankruptcies are rising in Canada A small business lobby group says commercial bankruptcies are rising in Canada and even more small businesses are at risk of closure. Statistics Canada data shows small business … Read more
https://twitter.com/GreekFire23/status/1560699099795828736
Insurance Geico has shut down all offices in California due to the massive number of anti-business regulations enacted by Democrats in the state. You cannot continue to deter businesses from operating and destroying their ability to achieve a profit, without seeing mass exodus from the locale as you are seeing emanating from the Golden State. … Read more
“‘Stelter departs CNN having done damage to both the network’s reputation and the wider media’s reputation like few others could do. Positing himself as a media reporter looking to help explain the journalism profession to the public and show how stories are made and shaped, Stelter actually exposed the national press for the knavish liberal … Read more
https://medicalxpress.com/news/2022-08-random-kindness-bigger-splash.html
https://twitter.com/leadlagreport/status/1560683383654596608 https://twitter.com/MFHoz/status/1560629549054173184 In August 2008 people were bullish stocks when oil leveled off after its first decline. It wasn't until oil started its 2nd leg down on September 2nd that the panic began. https://t.co/iCd0ryRbV1 — Financelot (@FinanceLancelot) August 19, 2022 Current situation: 1. $SPX trading like the bear market is back 2. Treasury yields trading … Read more
The next crisis is months away as auto loan defaults have started as consumers can’t keep up with inflation. To make matters even worse, many renters are facing eviction in the next couple of months as rent increases are rising faster than wages.
