To put it mildly, things haven’t been going well in Nancy Pelosi’s home stomping grounds of San Francisco. The homelessness plague is out of control and crime has been on the rise in ways that even the most liberal and forgiving residents can no longer ignore. The problem was compounded in multiple ways when Chesa … Read more
by Martin Armstrong American farmers are struggling to send their goods overseas as the East simply does not want American exports. The Ocean Shipping Reform Act passed in the House last week due to Asian carriers “unfairly decimating against American cargo.” Five major Asian liners have been accused of offloading goods at American ports and … Read more
California regulators voted on Thursday to ban the sale of new gas-powered leaf blowers and lawn mowers starting in 2024 and portable generators by 2028, the latest step in the state’s aggressive effort to reduce harmful pollutants and transition toward a carbon-free economy. The new regulations by the California Air Resources Board require all newly … Read more
by Jason Burack of Wall St For Main St Inflation surged in November. Food, energy and shelter prices accounted for much of the gains. FULL SHOW NOTES AND LINKS HERE Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and … Read more
Hackers launch over 840,000 attacks thru #Log4J flaw, @arstechnica reports. #Cybersecurity researchers claim #Chinesegovernment groups are among the perpetrators.https://t.co/GqNuWOcnCT#exploits#datasecurity#intellectualproperty#espionage #log4shell#itcikros#cscikros pic.twitter.com/zvIqOHc0eT — CIKROS Intelligence Solutions (@cikrosintel) December 15, 2021 In October, Reuters reported on severe supply difficulties being faced by farmers in Illinois, Kentucky and Kansas. It reported that a large agricultural supplier in Kansas was … Read more
A man who invested his life savings into Bitcoin and quickly became a millionaire before leaving his job has claimed being rich is boring. The investor says he feels like he’s used a “cheat code” and doesn’t deserve the fortune after a “lucky bet” on the cryptocurrency gave him stacks of cash. Working as a … Read more
by confoundedinterest17 Yes, we have trouble in river city with a capital T than rhymes with P and that stands for Producer Prices. Prices paid to U.S. producers posted a record annual increase of almost 10% in November, a surge that will sustain a pipeline of inflationary pressures well into 2022. The producer price index for final demand … Read more
The Congressional Progressive Caucus is putting its weight behind a measure that could fundamentally alter Americans’ traditional workweek. Rep. Mark Takano (D-Calif.) said in a statement the nearly 100-member group formally endorsed the “32-Hour Workweek Act,” noting the measure is a move “toward a modern-day business model that prioritizes productivity, fair pay, and an improved … Read more
Jen Psaki blames increases in meat prices on "the greed of meat conglomerates." pic.twitter.com/NlSXwIcUTP — Townhall.com (@townhallcom) December 14, 2021 CBO: ‘Biden BBB Bill adds $3 trillion to deficit’ President Joe Biden’s sweeping spending bill, the Build Back Better Act, would add $3 trillion to deficits over 10 years if made permanent, according to a … Read more
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
