The crisis central planners now face is that the one thing they need to do, raise interest rates, is the one thing they cannot do.

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OPINION: Our current economic success is a debt-fuelled Ponzi scheme where everyone has a stake in the fictional statements issued each month. The party is going to end and it will not be pretty. Since the Great Depression, Western economies have run a predictable course. Good times coincided with government surpluses and high interest rates. Economic turbulence was … Read more

[Contagion] Scenery Journey, an Evergrande subsidiary, has failed to make payments of ~$82M. Adding another developer in trouble: Sino Ocean Group.

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(Bloomberg) — Investor concerns over China Evergrande Group’s debt are shifting to the country’s stronger property companies as a selloff across the industry’s dollar bonds hits higher-quality borrowers. The fear of contagion comes as holders of dollar notes sold by Evergrande unit Scenery Journey Ltd. are yet to receive payment for coupons that were officially … Read more

DOJ Exposes Big Kamala Harris Problem

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A new report by the U.S. Department of Justice is now putting Kamala Harris in the national spotlight — and it’s for all the wrong reasons. A report from Politico notes that the DOJ confirmed an error relating to where Harris was when the January 6th incident happened at the U.S. Capitol. The report from … Read more

Consumers Trade Rib-eye for Ground Beef as Grocery Prices Rise…Winter Heating Bills Loom as Next Inflation Threat…

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Americans are cutting back on steak as rising grocery prices squeeze spending. Supermarkets say shoppers are buying more store-brand meat products and trading down from beef to less-expensive alternatives such as chicken or pork, after prices for products such as rib-eye climbed about 40% from a year ago, according to research firm IRI. Some consumers … Read more

Rise of Robots Speeds Up With Labor Scarce… WALMART Using Fully Driverless Trucks… Help REALLY Wanted! No Degree, Experience, Background Checks…

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American workers are hoping that the tight pandemic labor market will translate into better pay. It might just mean robots take their jobs instead. Labor shortages and rising wages are pushing U.S. business to invest in automation. A recent Federal Reserve survey of chief financial officers found that at firms with difficulty hiring, one-third are … Read more

Wokeness Derails Dems… NBC’s Todd: Democrats in ‘Grave Danger’

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WASHINGTON — In Shakespeare, when characters want to fulfill their desires, they escape to what’s been called the Green World. And that’s what Democrats promised voters: that they could leave behind the vitriol and aggravation of Donald Trump’s America and escape to an Arden that was cool, calm and reassuring. Democrats violated that pledge. On the … Read more

Opinion: Biden is being used as a one-term president to ram through every unpopular policy on the Democrat wish list. His approval rating is irrelevant, and he is expected to die for the party’s sins

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by skewtr Democrats obviously know their policies are unpopular and harmful. They are doing this because they expect the public to blame Biden. With late-stage dementia, they don’t expect Biden to run again, or even live much longer after his presidency. Once Biden is out of office and the country has fallen apart, Democrats will … Read more

Biden’s Approval Rating Drops to the 30’s… DOUBLING DOWN ON STUPID: Biden Advisor Ignores Warnings From Election Defeats, Wants to Push Further Left.

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USA Today/Suffolk University just released their poll with registered voters, and it’s another one that isn’t too kind to President Joe Biden. In fact, his approval rating has sunk to just 38 percent, while his disapproval rating is at 59 percent. This is a new record low for Biden in this particular poll, but as … Read more

Trump Called Journalists Silly Names And Tweeted About Fake News. Biden Has The FBI Raid Opposition Journalists.

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https://twitter.com/thebradfordfile/status/1457169089009528834 THE FBI ISN’T A LAW ENFORCEMENT AGENCY, IT’S A PARAMILITARY FORCE FOR THE ESTABLISHMENT: “So why the raids? Since when does the FBI [conduct] raids over missing diaries?” “What is the alleged federal crime (and what is the precedent for a major federal investigation over such an alleged theft)? What precautions were taken by the Biden … Read more

Who’s next? More US states are certain to relax their gambling laws over the coming months

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Over the past three years, gambling legislation has been a hot topic, with one state after another instigating legal reforms. When the Supreme Court decided to overturn PASPA in early 2018, there was a flurry of activity to push through sports book legislation, and many states also took the opportunity to modify their rules regarding casino gaming … Read more

San Francisco Chronicle Asks: Is It Time for Residents and City Leaders to Tolerate Burglaries as a Part of City Living?

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I seriously cant tell between The Onion headlines and SF Chronicle headlines — Go Chiefs (@GoCats17) November 5, 2021 When we've gotten to the point where people are seriously asking whether we should tolerate burglaries then maybe it's time to pack it in. — Demilich Lovato (@DemilichLovato) November 6, 2021 "Government should be super intrusive … Read more

Biden’s Statement on Nicaragua’s ‘SHAM’ Elections

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-Erosion of democratic norms-Stifling of civic space-Violations of fundamental rights Biden calls on regime to release 'those unjustly imprisoned for speaking out against abuses & clamoring for the right of Nicaraguans to vote in free and fair elections'…@julie_kelly2 2/2 pic.twitter.com/L3xQgV0xHw — Titania (@Titania977) November 8, 2021 Statement by President Joseph R. Biden, Jr. on Nicaragua’s … Read more

CHINA TRIGGERS US MILITARY FEARS

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China’s military buildup and its push to develop nuclear-capable missiles is unnerving Congress and U.S. defense officials alike. America’s defense establishment has watched threats from Beijing rapidly grow in multiple areas, including recent hypersonic missile tests, an expanding nuclear arsenal, strides in space and cyber and seemingly daily threats to Taiwan. “We’re witnessing one of … Read more