MAYFIELD, Ky. — As a catastrophic tornado approached this city Friday, employees of a candle factory — which would later be destroyed — heard the warning sirens and wanted to leave the building. But at least five workers said supervisors warned employees that they would be fired if they left their shifts early. For hours, … Read more
Remember dogecoin? The meme-inspired cryptocurrency skyrocketed more than 20% Tuesday morning after Elon Musk said Tesla would accept dogecoin as payment for some of its merchandise. “Tesla will make some merch buyable with Doge & see how it goes,” the Tesla CEO said in a tweet. https://www.cnbc.com/2021/12/14/dogecoin-price-surges-after-elon-musk-tweet-about-tesla-merch.html
Serious question: Why in the hell do we allow members of Congress to trade stocks? pic.twitter.com/mQ3oGeAQjA — Robert Reich (@RBReich) December 14, 2021 https://twitter.com/DC_71320/status/1470836705854898184
Joe Biden this week said the deaths of our 13 servicemembers in Afghanistan were inevitable and falsely claimed no one advised him on how to withdraw the troops safely. “Everybody says, ‘you could’ve gotten out without anybody being hurt.’ No ones come up with a way to indicate to me how that happens,” Biden said. … Read more
by CallMeEpiphany The Introduction The 2008 financial crisis can be summed up as follows: banks believed that giving out loans with poor due diligence to shitty lenders was basically free money. Then Affirm comes along and says, “Hold my beer”. Affirm’s business model is simple. They allow you to make online purchases without having to pay … Read more
.@JeffreyToobin do you have any thoughts on how we can beat big meat? https://t.co/MSW01D97Ne — Dr. Richard Harambe (@Richard_Harambe) December 14, 2021
A Fairview Elementary School teacher was arrested Monday in Maryland and charged with nine counts of aggravated sexual battery, especially aggravated sexual exploitation of a child, eight counts of rape, incest and eight counts of rape of a child. Two victims who are minors were reported by District Attorney General Brent Cooper. Neither are students … Read more
As high school students transition out of distance learning imposed by pandemic restrictions, several California districts are dropping the use of “D” and “F” grades in an attempt to reengage students in school and boost entry into the state’s public colleges. Los Angeles Unified, Oakland Unified, Sacramento City Unified, and San Diego Unified are … Read more
13 years later and he’s still wrong “Some of the models suggest that there is a 75 percent chance that the entire north polar ice cap, during some of the summer months, could be completely ice-free within the next five to seven years.” In December 2008, inventor of the internet (sarcasm) Al Gore … Read more
El-Erian says ‘transitory’ was the ‘worst inflation call in the history’ of the Fed Calling inflation “transitory” was a historically bad move for the Fed, according to Allianz Chief Economic Advisor Mohamed El-Erian. The comments came after the Labor Department reported that the consumer price index rose 6.8% from a year ago in November. The … Read more
Global oil markets have returned to surplus and face an even bigger oversupply early next year as the omicron variant impedes international travel, the International Energy Agency said. Supplies are rebounding around the world — from the current OPEC+ ramp-up and sales from strategic reserves, to record output in the U.S., Canada and Brazil next … Read more
Many House Democrats and others have been wondering whether Pelosi will actually stay through her term. She will. Meanwhile, Jim Clyburn says he doesn’t want the job. House Dems eager to see a change in leadership but terrified of what comes next. — Edward-Isaac Dovere (@IsaacDovere) December 12, 2021
The FDA is working with the post office to hold packages containing ivermectin. The FDA could better use its resources to, I don’t know, publicly release the docs submitted by Pfizer to license its mandated liability-free V earlier than 75 years from now! https://t.co/i6eLcqnciX pic.twitter.com/O2d1zgTjAB — Aaron Siri (@AaronSiriSG) December 13, 2021
This is a perfect example of how some stocks have already crashed. The average Nasdaq composite stock is down 39.1% vs its 52 week high. Indexes are increasingly held up only by the big names rather than broad based market strength. pic.twitter.com/fXHfE0zcvD — Tarric Brooker aka Avid Commentator 🇦🇺 (@AvidCommentator) December 14, 2021 At this … Read more
JUST IN 🚨 700+ people have been forced into isolation after a person infected with the Omicron variant visited two Melbourne nightclubs last weekend in Australia pic.twitter.com/93iljBHWCE — Insider Paper (@TheInsiderPaper) December 14, 2021
The Associated Press is asking the Biden administration for answers on why the Department of Homeland Security used a government database meant to track international terrorists to investigate as many as 20 American journalists, including an Pulitzer Prize-winning AP reporter. AP executive editor Julie Pace on Monday sent a letter to DHS Secretary Alejandro Mayorkas … Read more
By Robert Lambourne via GATA The recently released November statement of account of the Bank for International Settlements — https://www.bis.org/banking/balsheet/statofacc211130.pdf — contains information suggesting an increase of about 37 tonnes in the bank’s gold swaps, from 414 tonnes in October to 451 tonnes in November. This compares to the record high estimated at 552 tonnes as of February … Read more
by The Phoenix The Fed Finally Created Inflation… And Now It’s Going To Blow Up the Financial System By Graham Summers, MBA The Fed finally succeeded in creating its much-desired inflation… and the great irony is that it will likely blow up the financial system. For decades now the Fed argued that it should keep interest … Read more
by Martin Armstrong The Taliban has sadly revived Afghanistan’s booming drug business and now poses a stark threat to the rest of the world. According to a BBC report, the country has expanded from opiates to producing crystal methamphetamine. Estimates say the nation produces an average of 3,000 kg per day at 500 separate laboratories. The … Read more
