CT Gov Proposes $336M in Tax Cuts

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Lamont, a Democrat running for re-election, floated a package mainly targeted to middle and lower-income residents that would: Increase a property tax credit to $300 from $200 and expand eligibility Reduce property taxes on 1.7 million motor vehicles Accelerate the planned phase-in of the pensions and annuities exemption from income taxes Expand a student loan … Read more

SPAC Market Spectacular Losses

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The oversaturated SPAC market is continuing to get crushed in the new year as speculative stocks with little earnings fall further out of favor in the face of rising rates, while a growing number of deals were abandoned in the tough environment. Companies that went public via blank-check deals have been among those worst affected … Read more

Black Lives Matter shuts down ALL fundraising days after liberal states threatened legal action over lack of transparency

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Black Lives Matter shut down all of its online fundraising streams late Wednesday afternoon, just days after California threatened to hold the charity’s leaders personally liable over its lack of financial transparency. The move comes less than a week after a Washington Examiner investigation found that BLM has had no known leader in charge of … Read more

FB is over, Metaverse won’t save it

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by pragmojo I’ve seen a lot of speculation on whether it’s worth buying the dip on FB. Maybe it will bounce this week or next, but nobody, under any circumstances, should be long on FB. I work in tech, and my best estimation is that the Metaverse announcement was literally because FB could see the writing on the … Read more

Candice Bergen has taken over leadership in Canada’s Conservative Party and she’s coming for Trudeau

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Disgraced Liberal sympathizer, former leader Erin “the tool” O’Toole has been ousted by his party and replace by interim leader Candice Bergen. This vid shows her calling out Justin “Blackface” Trudeau and standing up to the false narrative. She is criticized by the left for being seen with a camo MAGA hat and is seen … Read more

You generate income by generating some value – they steal your income without creating any value

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While most people bust their butts for a tiny salary raise – other people are stealing the most money without adding any real value to society, the biggest crime is that all government entities and tax-payer funded institutions that were created in order to protect you from this wealth transfer and right out theft – … Read more

Wormhole hacked for $320 million

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The wormhole network was exploited for 120k wETH. ETH will be added over the next hours to ensure wETH is backed 1:1. More details to come shortly. We are working to get the network back up quickly. Thanks for your patience. — Wormhole (@wormhole) February 2, 2022 According to industry service Elliptic, the hackers created … Read more

The UK is ahead in the tightening cycle.

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The UK is ahead in the tightening cycle. Look at the #yieldcurve to see how much room the Bank of England has left to tighten. The yield curve has flattened to just 21 basis points. A hike of 0.50% would almost certainly have inverted the yield curve already. pic.twitter.com/2kDv1R4DlQ — jeroen blokland (@jsblokland) February 3, … Read more

Commodity Prices Are Exploding Out Of Control; Food Prices Climbing Closer Toward Record High…

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  https://twitter.com/baw690/status/1488879350329970690 Janet Yellen defended the size of the stimulus package that many blame for fueling inflation, though she conceded that describing rising prices as “transitory” was a mistake. — unusual_whales (@unusual_whales) February 3, 2022 Food Prices Climbing Closer Toward Record High… The United Nations’ index of prices rose 1.1% in January, pushed up by … Read more

I smell blood in the water – exploiting potential $FB Related margin calls

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by DarklyAdonic After seeing $FB down 23% afterhours, I saw some comments talking about margin calls happening tomorrow.  And that made me think, is there anyway to exploit these theoretical margin calls for our profit? A fund likely to get margin called will be overleveraged with FB, resulting in its other holdings getting sold off disproportionately.  … Read more

Single-payer healthcare fails in California — again

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Single-payer healthcare has gained popularity in the Democratic Party, thanks in part to the advocacy of Vermont Sen. Bernie Sanders. Yet the scheme has been abandoned both in his own uber-liberal home state of Vermont , in Colorado, and in the liberal bastion of California. In the Golden State, in fact, single-payer just suffered its … Read more

Round 2 of this winter storm is well underway…

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Round 2 of this winter storm is well underway. Not only is the ice threat greater today, but we also have the threat for flooding and severe weather across parts of the South Central and Southeast. Read more here: https://t.co/C8Hb1Xkrf5 @accuweather pic.twitter.com/MavCdMQ5lQ — Michelle Rotella (@MRotellaWx) February 3, 2022 Several more inches of #snow will … Read more