Bosses at one of the world’s biggest investment firms State Street will need to get special permission to hire white men as part of new diversity drive State Street aims to triple number of black, Asian and other minority senior staff Failure to meet target by 2023 will result in executives’ bonuses being lowered The … Read more
BY JOHN RUBINO The Wall Street Journal just published a long, amazing look at what might be the tightest labor market in living memory. Here’s an excerpt: Help Really Wanted: No Degree, Work Experience or Background Checks U.S. companies are downsizing the hiring process. Beauty product retailer The Body Shop is dropping educational requirements and background … Read more
Take and run h/t dr0id
Our current secretary of the Treasury, Janet Yellen, is busy trying to find a way to tax wealth without calling it taxing wealth. She has eyes on taxing unrealized capital gains. What this means simply is taxing people for money they have not earned or received. That’s it in a nutshell. That definition should leave even those who have never had a … Read more
An Afghan father claims that the economic conditions are so dire in his country that he was forced to sell his daughter in order to feed the rest of his family. Abdul Malik allegedly sold off his 9-year-old daughter Parwana Malik to a 55-year-old man named Qorban. The father alleges that Afghanistan’s economy has been … Read more
1.3 to.1.4 trillion USD For roads and bridges: 110 billion USD For Public Transit: 39 billion USD For passenger and freight rail: 66 billion USD For electric vehicles: 7.5 billion USD For Internet Access: 65 billion USD For the electric grid: 65 billion USD For airports: 25 billion USD For water and wastewater: 55 billion … Read more
China cracks down on ‘characteristic towns’ that misused land, real estate while racking up massive debt An initiative to develop towns outside megacities was launched five years ago as part of China’s urbanisation push, but improper planning has plagued projects Latest move comes as Beijing is striving to reduce high local government debt and excess … Read more
WASHINGTON — House Democrats seemed to have gotten the message from Tuesday’s elections: The political winds are not blowing in their favor. After months of delays and stalemates, House Democrats passed the $555 billion infrastructure bill within days, a measure political prognosticators told them could help reverse the tide of Republican success in elections. But Republican … Read more
On Monday, the US supreme court will hear arguments in a case which could determine whether the US government faces accountability for its mass surveillance of Muslim Americans after 9/11. The nine justices will be asked to decide on whether Muslim US citizens who were subjected to undercover surveillance by a paid informant at their … Read more
1/3 Out earlier todayhttps://t.co/mjEPDz73BZ — Jim Bianco (@biancoresearch) November 8, 2021 3/3 And another bear market that will not end. As highlighted on the chart, the only time Congress' approval rating rises, is when they "mail money" (aka Stimmy Checks). So Congress can buy love. Will they buy more love before the midterms? pic.twitter.com/eIPePUIBKF — … Read more
The Duchess of Cornwall has reportedly been telling close associates President Joe Biden made his own contribution to global supplies of natural gas when he farted “loudly” in front of her at the Glasgow COP26 climate conference. Camilla was apparently blown away by the smelly incident and “hasn’t stopped talking about it” since: “It was … Read more
Republican Ohio Rep. Jim Jordan has responded to the latest indictment from the investigation into the Russian collusion hoax and he placed the blame at the feet of former Secretary of State Hillary Clinton. He appeared on the Fox News show “The Faulkner Focus,” with host Harris Faulkner and said it was the Clinton campaign … Read more
The Biden administration is so desperate to keep Florida from getting redder that it is now smuggling ‘secret’ flights into the state packed with illegal aliens. Florida Governor Ron DeSantis’s public safety czar Larry Keefe recently disclosed the flights, which have been going into the Sunshine State in the cover of night. The Washington Examiner reported … Read more
https://twitter.com/OldRowViral/status/1457042817616916482 (WND) As Georgia was trouncing Missouri in a Southeastern Conference football matchup Saturday, a banner touting the slogan of the moment appeared in the sky over Athens, Georgia. “Let’s Go Brandon,” read the banner, giving anyone in the stands rooting for Missouri something to look at other than their team during a 43-6 loss … Read more
The developers got caught hiding coins and there were actually more than double double the supply advertised. Be very careful with that project. 2/6) As questions & critiques started to pile up over the following weeks, The official moderators kept insisting that there was no extra circulating supply. Certain people grew more suspicious especially as … Read more
https://www.youtube.com/watch?v=wBrL9MH-BOA
https://www.youtube.com/watch?v=pnOBxfOjpcc Reports are showing that Evergrande, the building giant that is expected to lead the next leg of this financial crisis has already entered into what is known as effective bankruptcy with local media organizations and the Chinese government reported to be enacting a cover-up to hide the offloading of properties and assets as more … Read more
Two more Chinese property developers are in trouble now. Watch our Asian-Pacific Short Term Update editor show you how the “bearish news” fits into the Shanghai Composite’s wave pattern. (Bonus: a lesson in Keltner Channels application.)
