David Stockman on the Banking Ponzi Scheme That’s Savaging Depositors
Via International Man The toxic effects of the Fed’s relentless interest rate repression are many, but among the worst has been the absolute savaging of bank depositors. Interest rates on 12-month CDs (under $100,000) dropped below the inflation rate in October 2009 and have been pinned there ever since. There is no other word for … Read more
Powell Sings a Different Tune: Why The Change Of Heart?
by Peter Schiff of Peter Schiff Podcast Political theater plays out over the debt ceiling. US was biggest gainer from low interest rates, but will be biggest losers when rates are high. IRS continues its attack on lower and middle income Americans. Getting into bed with the government will get you screwed. Cost of having a bank account … Read more
Slow Down! Atlanta Fed’s Q3 GDP Forecast Has Tanked To 2.3% (Down From 6.1% On July 30th)
by confoundedinterest17 Build back badly? The Atlanta Fed GDPNow model estimate for real Q# GDP growth (seasonally adjusted annual rate) is 2.3 percent on October 1, down from 3.2 percent on September 27. After recent releases from the US Bureau of Economic Analysis, the US Census Bureau, and the Institute for Supply Management, the nowcasts of third-quarter real personal consumption … Read more
A leverage-based sovereign investment fund. What could go wrong?
https://twitter.com/OwenCallan/status/1444631310262325252
Russia bans Scientology…
SOURCE — RT Russia’s Justice Ministry has blacklisted two Church of Scientology entities, banning them from operating in the country. Moscow has taken numerous measures against the group, arguing that it’s a business masquerading as religion. An updated list of “undesirable” organizations was released by the country’s Justice Ministry on Friday, just over a week after the … Read more
Supreme Court Feuding With Each Other
The Supreme Court has been a lightning rod of politics in recent times where Republicans and Democrats vie to fill seats to gain an advantage. And even as several Supreme Court Justices have said that the court is not political, some of what they have said in public has only added to that perception among … Read more
Hilarious… Chuck Todd gets filibustered at Virginia debate…
CFP covered the best moment from the debate 5 days ago — But here’s something we missed Princess Blanding of the Virginia Liberation Party disrupted the festivities. More from @PrinBlandingVA who stormed the debate, derailing it for several minutes and demand she have a spot on the stage. She’s particularly mad at Democrats and a system … Read more
F Joe Biden breaks out during live NASCAR interview… Reporter thinks we’re stupid…
https://twitter.com/TrumpJew2/status/1444457523902390273 The reporter tries to protect Biden by claiming the crowd was chanting Let’s go Brandon. https://twitter.com/TrumpJew2/status/1444464190371078146 SOURCE
The US dollar index recently reached the strongest level since early November 2020.
https://twitter.com/leadlagreport/status/1444634842377904134
Red October – End of World as We Knew It – Clif High
https://rumble.com/vn8g65-red-october-end-of-world-as-we-knew-it-clif-high.html Join Greg Hunter of USAWatchdog.com as he goes One-on-One with data mining expert Clif High, and he goes on a deep data dive as to what’s likely to happen from now to the end of 2021. (What is written here is a fraction of what is in this 1 hour and 34 min. interview. … Read more
Pharmaceutical companies, with the assistance of American corporate media, are socially engineering people to be wilfully ignorant and obedient.
The government is attempting to gain more autocratic style control over the citizenry by deconstructing critical thinking skills. h/t Ordinary-Solution
Bad Trading Habits That Are Costing You Money
by HSeldon2020 Every trader has bad habits. And I am not talking about the over-stressed, nicotine/alcohol/junk food lifestyle many find themselves living. I am referring to actual trading habits. Some of these stem from individual personality traits, while others are due to a combination of arrogance and simply being stubborn. I interact with hundreds of new traders … Read more
Democrat Manchin looks down on protesters from his $700K yacht and says “we’re going to make the rich pay”
Protesters and political activists rowed towards US Sen. Joe Manchin’s yacht this week, demanding to know why the senator refuses to support President Joe Biden’s $3.5 trillion infrastructure bill. In a video capturing the exchange, Manchin, aboard his $700,000 house boat named Almost Heaven, assured the kayakers that Democrats were working to pass a reasonable … Read more
Polish MPs Protest Under Australian Embassy Over Human Rights Issues – TRANSLATED
GUILTY. Poland has joined the international movement of condemning Australia’s treatment of citizens, comparing it’s radical left wing policies to that of North Korea. Human rights hold universal values which should be adopted by states worldwide. Australia has begun suffering the adverse consequences of leaked footage despite a media blackout, resulting in global scrutiny. … Read more
Massive comet as large as small planet barreling toward our solar system
A massive comet — so large that scientists had previously mistaken it for a dwarf planet — is hurtling through space toward our solar system and is expected to arrive in about 10 years, new research revealed. The Bernardinelli-Bernstein comet is an estimated to be 60-120 miles across, 1,000 times larger than a traditional comet, … Read more
The Pandora Papers, the long awaited sequel for the Panama Papers will be release today, Sunday!
“More than 600 reporters from around the world, belonging to 150 media organisations spanning 117 countries, participated in the research for two years.” “The Pandora Papers contain 11.9 million files.” Both quotes from dawn.com (first english site I could find, im swedish and got the news from swedish sites first. https://www.dawn.com/news/1649824/pandora-papers-about-bigwigs-financial-secrets-due-today The International Consortium of … Read more
500,000 containers are sitting on cargo ships off the Southern California coast!
LOS ANGELES (CBSLA) – As an estimated 500,000 containers are sitting on cargo ships off the Southern California coast, many are wondering how to handle the backlog. Few are more frustrated about the backlog at the Port of Los Angeles and Long Beach, than truck drivers in the chaos. They say that a trucker shortage … Read more
Indian passenger caught smuggling $56,000 of gold in his rectum
He was sitting on a goldmine. A man was busted smuggling nearly 2 pounds of gold paste in his rectum at an airport in India — one of at least three cases of people stuffing the precious metal up their rumps in the region in the past year, according to reports. Mohammad Sharif was at … Read more