FTC Investigating Major Retailers Over Supply Chain Backlog…

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The Federal Trade Commission ordered nine major retailers, including Amazon, Kroger, and Walmart, to release company information to illuminate ongoing supply chain issues that are disrupting the U.S. economy. “Supply chain disruptions are upending the provision and delivery of a wide array of goods, ranging from computer chips and medicines to meat and lumber,” FTC … Read more

EVERYTHING IS GOING SWIMMINGLY: ‘To The Left Of Lenin’: Elizabeth Warren Associate May Serve As Top Fed Official.

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Richard Cordray — a longtime ally of progressive Sen. Elizabeth Warren (D-MA) — is being considered for a key Federal Reserve position. According to a CNBC report, Sen. Sherrod Brown (D-OH) has “spoken to the Biden administration about Cordray and others who could serve as the Fed’s vice chair for supervision.” The Wall Street Journal … Read more

Rittenhouse Gives MAJOR Update…

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https://youtu.be/G_USI8VJj2c?list=PLs3bpgBAupLuHWAXbYqesImdmujOVih12 Kyle Rittenhouse has opened up about his trial, revealing that he knew the ‘state didn’t have a case’ against him when ‘they put Dominic Black on the stand.’ Rittenhouse, 18, appeared on the Charlie Kirk Show on Tuesday to discuss his infamous case after he was acquitted earlier this month for fatally shooting two men … Read more

New Yorkers shouldn’t have to pay SEVEN TIMES the cost for their schools as other cities.

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As New Yorkers know better than anyone, everything costs more here. But seven times more? Alas, yes — at least if you’re talking about public-construction projects. The latest example: PS 33 in The Bronx, vs. a similar-sized school just across the Hudson in Jersey City, NJ. It’s outrageous. And it goes a long way toward explaining why … Read more

Mohamed A. El-Erian: Powell’s “transitory” error will require a rapid catch-up that could easily destabilize markets and the economy. It didn’t have to be this way

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Powell's "transitory" error will require a rapid catch-up that could easily destabilize markets and the economy. It didn’t have to be this way, writes @elerianm https://t.co/nJuJsON5jv — Bloomberg Markets (@markets) December 1, 2021 Bulls, it's a good Omnicom day, enjoy while it lasts, the Fed is now reading Zerohedge. They'll return to the deflation paradigm … Read more

Calamity Jay Powell Ditches Transitory Inflation Tag, Paves Way for Rate Hike (Compare To Volcker’s Record)

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by confoundedinterest17 Calamity Jay Powell is no longer mentioning “transitory” when it comes to inflation, but does Powell and the FOMC have the moxie to ACTUALLY raise rates more than a smidge?? (Bloomberg) — Team Transitory is throwing in the towel. In a clear sign that the Federal Reserve is shifting to tighter monetary policy, Jerome Powell — … Read more

The average energy consumption for one single Bitcoin transaction in 2021 could equal several hundreds of thousands of VISA card transactions.

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by JR3000 Because crypto believers think crypto currency will revolutionize the financial industry (and because I’ve been having an argument with someone that came here to pick a fight and wanted to argue about energy consumption between crypto and fiat) it is important to understand just how much energy use a single crypto transaction uses. … Read more

French Presidential Candidate Eric Zemmour Goes Viral After Promising the French to Reverse Their Replacement by Immigrants

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Captioned: The original viral video is below this video. Note: If you don’t see captions, click the [CC] button Note: If you don’t see captions, click the [CC] button Original Viral Video in French Transcript taken from the captioned video at the top of this thread. My dear compatriots For years, the same feeling has … Read more

Is A Stock Market Crash Like 2000 Possible?

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By Michael Lebowitz Is A Stock Market Crash Like 2000 Possible? “Say say two thousand zero zero party over, oops, out of time So tonight I’m gonna party like it’s nineteen ninety-nine” -Prince 1999 Prince wrote the song “1999” in 1982, 18 years before the clock ran out on the 20th century and possibly the greatest stock … Read more

97% of all NFT transactions are done by 10% of traders Nature study finds.

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https://www.nature.com/articles/s41598-021-00053-8#MOESM1 Shock horror, as we find out that the NFT market, like the crypto market, is just wash trading 101. Butters are dumb enough to not understand wash trading and throw money but what is the SEC/CFTC doing. Wash trading is a complete fabrication of a market. Everything from price, liquidity, volume, marketcap is manipulated … Read more

15 States Threaten To Pull $600B From Banks For ‘Woke Capitalism’

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Fifteen state financial officers sent a letter to U.S. banks last week noting $600 billion in assets they pledge to take elsewhere if the financial institutions embrace corporate wokeism and prohibit financing to the fossil fuel industry. Led by West Virginia Republican Treasurer Riley Moore, the group promised “collective action” in the form of an … Read more

Oh great, doctors are graduating INCOMPETENT because medical schools have gone “woke”

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The Washington Free Beacon quoted several doctors who expressed concerns that the guidelines would lead to “underqualified doctors, missed diagnoses, and unscientific medical school curricula.” Most of the doctors were quoted anonymously, but Jeff Singer, an Arizona surgeon, said that certain medical conditions are more common in certain racial groups because they “vary based on … Read more

Finland’s first 5-qubit quantum computer is now operational

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ESPOO, Finland (November 30th, 2021) Today, VTT Technical Research Centre of Finland announced that the country’s first operational 5-qubit quantum computer is up and running. Together with the quantum computing hardware startup IQM, VTT has taken its first steps to enable the building of quantum computers that will be both scalable and easier to manufacture, … Read more

Pollak: Kamala Harris Could Become First Supreme Court Justice to Have Failed Bar Exam

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Vice President Kamala Harris could be the first Supreme Court Justice to have failed the Bar exam — that is, if rumors that President Joe Biden may nominate her to the nation’s highest court are true. For the past several days, speculation has been building that Biden might dispense with the unpopular Harris by “promoting” … Read more