Another Looting Crisis in LA

Last year, aided and abetted by Democrat city and state leaders and their soft-on-crime prosecutors, crime sprees became something of a spectator sport. Viral videos showed dozens of people engaging in brazen smash and grab robberies of luxury goods in the Bay Area. Companies such as CVS, Walgreens, and Target altered their operating hours and … Read more

Rand cancels DirecTV after OANN drop

Sen. Rand Paul (R‑KY) announced Monday that he cancelled his at-home DirecTV subscription after the TV provider moved to drop One America News Network.“Why give money to people who hate us?” the GOP senator declared on Twitter..@DIRECTV is cancelling @OANN so I just cancelled my home Direct TV. Why give money to people who hate … Read more

China’s hidden debt: ‘corruption problem’ at local levels threatens political, economic stability

Debt issued by local government financing vehicles (LGFVs) is kept off the balance sheets and thus more susceptible to corruption than relatively transparent government bonds But analysts say LGFVs are poised to play bigger role next year in filling local government funding gaps, despite risks to national economy The line between China’s anti-corruption and deleveraging … Read more

Dollar Tree customers say the decision to raise most prices to $1.25 left them feeling ‘sick to their stomachs’

https://www.businessinsider.com/dollar-tree-criticized-price-hike-loyal-customers-unhappy-shopping-retail-2022-1 Dollar Tree left many customers feeling angry and disappointed after it raised prices, CNN reported. According to the outlet, shoppers have been using various social-media platforms to express their feelings. One customer said they were “sick to my stomach” over the higher prices. Another referred to the change as a “calamity,” per CNN. The discount chain … Read more

Massive Ice Storm Forecast for GA & Carolinas

If this verifies, then that’s one crippling ice storm for Georgia and South Carolina. Wow! pic.twitter.com/4e6fcyt4o8 — Michael Ferragamo (@FerragamoWx) January 17, 2022 Here is what's next. Midweek front lingers and gets final push into the weekend. Cold air in place could bring wintry weather south and east again. And with time over the western … Read more

After Fauci’s Finances Leak, Jim Jordan Just Got His Revenge

Republicans will launch an investigation into Dr. Anthony Fauci if they win back control of the U.S. House in November’s midterm elections, says Ohio GOP Rep. Jim Jordan. During an interview on Sunday Morning Futures, Jordan said Republicans will “uncover” what Fauci knew about the origins of the coronavirus pandemic. Republican Kansas Sen. Roger Marshall, … Read more

It is not an *excess* of demand that is driving inflation, but a *reallocation* of demand…. Americans have dramatically increased their spending on goods leading to supply chain issues

I agree Mr. Politano. That people couldn’t spend much money on services during the pandemic led to more demand for goods, leading to supply chain issues. Let’s see whether this trend shifts. — Kaya Özyürek (@KayaOzyurek) January 17, 2022 Not just motorists feeling the pinch from soaring oil prices. Shipping freight rates from China have … Read more

Big Tech Braces for Wave of Regulation… After years of threats, Congress finally unleashes subpoena power…

Big tech companies are facing the biggest expansion in potential technology regulation in a generation. And while the jury is out on whether all that sound and fury will signify anything, for the first time there are signs that the big-tech backlash could have a substantive impact. New laws under consideration in Europe, Asia and … Read more

MICROSOFT buying ACTIVISION ‘to enter metaverse’…

MICROSOFT is buying video game publisher Activision for a staggering $68.7billion. Activision is famous for publishing the Call of Duty franchise. It’s also behind World of War Craft and Diablo. The purchase is Microsoft’s biggest purchase to date and is thought to be the biggest gaming acquisition ever. The deal means many of Activision’s games … Read more

Distrust in political, media, business leaders sweeps globe…

Trust in government is collapsing, especially in democracies, according to a new global survey. Why it matters: People also don’t think media or business leaders are telling them the truth, and this suspicion of multiple societal institutions is pushing people into smaller, more insular circles of trust. Details: Government leaders and journalists are considered the least trustworthy … Read more

Va. Leftist Schools Announce Rebellion. Won’t Obey Guv’s Order to End Mask Mandates

School systems across Virginia will defy Governor Glenn Youngkin’s executive order that rescinds the statewide mandate that school kids wear face diapers to block the transmission of the China Virus. The reaction among leftist “educators” to the newly minted governor’s order was immediate: We won’t obey. ACPS will continue to abide by the health and … Read more

Union Pacific Bashes LA’s Social Justice Reform, Threatens To Leave City Amid Soaring Train Thefts …. “Without any judicial deterrence or consequence, it is no surprise that over the past year, UP has witnessed the significant increase in criminal rail theft…”

A top Union Pacific Railroad official threatened to leave Los Angeles over the District Attorney’s progressive measures to lower criminal theft offenses amid a wave of criminal gangs looting rail cars. Adrian Guerrero, Union Pacific’s director of public affairs, wrote a letter to LA County District Attorney George Gascón, denouncing the local government’s relaxed criminal … Read more

London plans ‘pay per mile’ charges to force drivers onto public transport…

City Hall says road user charging is ‘fair scheme’ that could replace existing fees But motoring groups branded plan ‘outrageous’ and ‘absolutely unacceptable’  Tories warned London could turn into a city where ‘only the rich are able to drive’  Sadiq Khan was today accused of a ‘money-making’ plot to force motorists to ‘pay per mile’ … Read more

Experts Predict These Bubbles Could Burst in 2022

Ever since the end of Q1 2020, numerous assets and sectors have managed to outperform, mainly due to the effect of the pandemic,. generating impressive returns for investors and traders. Ultra loose monetary policies and fiscal support were major tailwinds, but as this framework is changing, due to high inflation and strong economic growth, experts … Read more