It’s Chaos Out There – Shipping Crisis Aggravate As 44 Container Ships Stuck Off Coast Of California
Port congestion continues to intensify the global supply chain crisis as hundreds of container ships that should be transporting goods around the world are waiting to unload outside key ports for global trade. The situation in the U.S. is particularly worrying because only in California, there are currently 56 cargo ships anchored in the state’s … Read more
Fed Statements Drive New Rally Momentum In The Stock Markets
by Chris Vermeulen of The Technical Traders Last week, the US Federal Reserve reiterated statements in support of continued easy money policies and support for a recovering US economy. Additionally, Jerome Powell made a statement suggesting tightening too early could be much more damaging than waiting until sufficient headwinds are behind us. I interpret this as stating the … Read more
Legendary Investor Mark Mobius Endorses the 10% Golden Rule
by Frank Holmes, CEO, U.S. Global Investors Mark Mobius, the legendary emerging markets investor, says that 10% of investors’ portfolios should be in gold in anticipation of currency devaluation as a result of unprecedented stimulus measures. Speaking to Bloomberg on Monday, Mobius said that devaluation “is going to be quite significant next year, given the incredible amount … Read more
Veteran forced to live in car due to her tenants refusing to pay thanks to eviction moratorium
An Air Force veteran who owns three upstate New York properties has been forced to live in her car because her tenants have refused to pay rent thanks to the eviction moratorium. Brandie LaCasse told CBS News that she has been living at friends’ homes and out of her car with her young daughter. She said she is … Read more
Bring All the Troops Home: Stop Policing the Globe and Put an End to Endless Wars
by John W. Whitehead “Let us resolve that never again will we send the precious young blood of this country to die trying to prop up a corrupt military dictatorship abroad. This is also the time to turn away from excessive preoccupation overseas to the rebuilding of our own nation. America must be restored to a … Read more
Corporate America launches massive lobbying blitz to kill key parts of 3.5 trillion economic plan…
A torrent of political groups representing some of the country’s most influential corporations — including ExxonMobil, Pfizer and the Walt Disney Company — are laying the groundwork for a lobbying blitz to stop Congress from enacting significant swaths of President Biden’s $3.5 trillion economic agenda. The emerging opposition appears to be vast, spanning drug manufacturers, … Read more
Biden State Department abandoned 600 of Its Own in Afghanistan
Now that the U.S. troop withdrawal from Afghanistan is complete, many stories of heroic efforts to save Americans and Afghan allies are pouring out, each describing one facet of the chaos and dysfunction that plagued the effort to evacuate all of those in Kabul who had placed their trust in the United States. Among the … Read more
Biden Administration Begins Shredding Evidence…
The Biden administration has begun scrubbing public records detailing the $82.9 billion U.S. investment in Afghanistan’s armed forces to protect Afghan officials and military officers from Taliban reprisals. Federal agencies have been told to remove information detailing the colossal investment from website as Afghanistan’s new rulers show off their newly acquired hardware. Taliban fighters stood … Read more
Joe Biden: “This decision about Afghanistan is not just about Afghanistan. It’s about ending an era of major military operations to remake other countries.”
This decision about Afghanistan is not just about Afghanistan. It's about ending an era of major military operations to remake other countries. — Joe Biden (@JoeBiden) September 1, 2021 Alalam TV: US evacuates three of its military bases in Syria: 1. near oil fields in Dayr al-zawr province; 2. near Qamishli district in Hasakah province; … Read more
Biden Approval Implodes to 42%
And that’s a 3-day average… — Jack Posobiec (@JackPosobiec) September 1, 2021 Biden’s approval drops to the lowest of all presidents at this point in their terms except for Trump, Clinton and Carter, who were lower
Big Payroll Miss…
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Taliban: ‘It Is Expected’ China Will Support Us
A Taliban spokesman on Monday welcomed the friendship and cooperation of China, which he said was “expected” to “play its role” in strengthening and enriching the Taliban regime. “We are ready to exchange views with China on how to forge ahead in terms of boosting our mutual relations, establishing peace in the region, and its … Read more
Both Active Duty and Retired Naval Intelligence Members Receive Troubling Warning Saying They Cannot ‘Disrespect’ Biden
Joe Biden cannot be “disrespected” by U.S. military personnel. In an email from the Office of Naval Intelligence (ONI) Chief of Staff, members were reminded that per a Uniform Code of Military Justice and Department of Defense Directive clause they cannot disrespect senior government leadership. This includes the President, Vice President, Congress, the Secretary of … Read more
Pennsylvania: Wilmore Dam reaches capacity, overflowing; thousands of residents being evacuated
Cambria County dam overspilling, residents evacuated https://www.pahomepage.com/state-news-2/breaking-cambria-county-dam-break-residents-evacuated/ Thousands evacuated downstream from Johnstown-area dam https://www.pennlive.com/weather/2021/09/thousands-evacuated-downstream-from-johnstown-area-dam.html h/t H O M E S L I C E
Over 100 men stranded on drill ship in Gulf during Ida, no rescue in sight: ‘Crying in the hallway’
Over 100 men stranded on drill ship in Gulf during Ida, no rescue in sight: ‘Crying in the hallway’ More than 100 men say they are stranded on a drill ship in the Gulf of Mexico after Hurricane Ida battered the area, and they don’t know when they’ll be rescued. “I mean I was watching … Read more
US Mortgage Applications Dropped 2.4% WoW, Purchase Applications 16% Lower YoY (NOT The Guns Of August)
by confoundedinterest17 Even though home prices are skyrocketing (Case-Shiller 20 up 19% YoY in June), mortgage purchase applications are not growing at the speed of home price growth. Some of it is the rise in the S&P 500 and other stock market indices allowing some to pay cash for a home (30% according to Redfin). Mortgage … Read more