48 members of Congress have violated a law designed to stop insider trading and prevent conflicts-of-interest

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Insider and other media have identified numerous US lawmakers not complying with the federal STOCK Act. Their excuses range from oversights, to clerical errors, to inattentive accountants. Ethics watchdogs — and even some in Congress — want to ban lawmakers from trading individual stocks. Insider and several other news organizations have this year identified 47 … Read more

BlackRock and four other large institutions forced to write-off billions after Fitch Ratings downgrades China Evergrande to “restricted default” status.

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After Fitch Ratings downgraded China Evergrande and some of its subsidiaries to “Restricted Default” status on Thursday, there was for the first time, widespread acknowledgement of the Chinese property giant’s failure to meet its debt obligations. “The downgrades reflect the non-payment of coupons due 6 November 2021 for Tianji’s USD645 million 13% bonds and USD590 … Read more

The COVER-UP?

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by Martin Armstrong   While everyone still argues over the virus and which lab did what, they seem to gloss over the real question — Is this a diversion to hide the true motive?  This is why nobody in the Biden Administration will ever investigate Fauci. There is plenty to warrant an investigation, but it … Read more

Does this look like a melt up is on the horizon or a bear market? You tell me.

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https://twitter.com/MFHoz/status/1469678875768672262 We have been warning about this for many months. The ominous 'cross-bones' pattern in the US Treasury market often foreshadows upcoming #credit problems. The collapse in term premia warns that #bonds may know something! pic.twitter.com/RZBHGzY8L0 — CrossBorder Capital/ GLIndexes (@crossbordercap) December 10, 2021 https://twitter.com/McsauceFPL/status/1466850794620268551 The bond market is tightening, showing a lot of concern … Read more

Schools screen to make sure teachers are progressive…

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What are the characteristics of a good teacher? Many would cite qualities such as mastery of the relevant subjects and high academic standards. Others might stress a positive attitude and engaging classroom manner. For most people, political opinions are likely to rank low among these priorities. According to a report in EdWeek, though, that’s what … Read more

Democrats Want Julian Assange Imprisoned For One Reason: His 2016 Reporting on Hillary/DNC

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Glenn Greenwald’s System Update, Released on 12/11/21 A clip from the one-hour live report I did last night on Rumble regarding the Assange case: https://rumble.com/vqjzc0-uk-court-ap… Glenn Greenwald is a journalist, constitutional lawyer, and author of four New York Times best-selling books on politics and law. His most recent book, “No Place to Hide,” is about the … Read more

Biden’s Build Back Better Act May Add $3 Trillion To The Federal Deficit (And Cost $4.73 Trillion)

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by confoundedinterest17 Call it “The Letter That Phil Swagel Wrote.” The letter from Phil Swagel, Director of the Congressional Budget Office, sent a letter to Congress stating that “The Congressional Budget Office and the staff of the Joint Committee on Taxation project that a version of the bill modified as you have specified would increase the deficit by … Read more