Last Time Big Banks Did This, We Had to Bail Them Out…

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via wallstreetonparade: Dennis Kelleher, the co-founder, President and CEO of the nonpartisan Wall Street watchdog, Better Markets, has issued a scathing rebuke of the Federal Reserve’s so-called “stress tests” of the mega banks on Wall Street, calling them “toothless.” Kelleher’s criticisms revolve around two key points. The Fed is preordaining the outcome of the tests by … Read more

Supermarkets Stockpiling Inventory as Food Costs Rise…

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Supermarkets are stocking up on everything from sugar to frozen meat before they get more pricey, girding for what some executives anticipate will be some of the highest price increases in recent memory. Some supermarkets said they are buying and storing supplies to keep their shelves full amid stronger demand. Grocery sales in the U.S. for … Read more

WATER WARS: Utah’s Great Salt Lake Near 170-Year Low…The end of California’s groundwater free-for-all

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SALT LAKE CITY (AP) — The silvery blue waters of the Great Salt Lake sprawl across the Utah desert, having covered an area nearly the size of Delaware for much of history. For years, though, the largest natural lake west of the Mississippi River has been shrinking. And a drought gripping the American West could … Read more

Paul Pelosi bets up to $6M on Big Tech before powerful House committee passes sweeping antitrust measures… Nancy Pelosi’s performance with stocks and options beat SPY and DOW

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Paul Pelosi bets up to $6M on Big Tech before powerful House committee passes sweeping antitrust measures House Speaker Nancy Pelosi’s husband placed a bet of up to $6 million on Apple, Amazon and Google-parent company Alphabet ahead of a powerful House committee moving forward with bills aimed at reining in the powers of Big … Read more

UN human rights experts express “shock and dismay” at forced organ harvesting in China

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by: Franz Walker (Natural News) Human rights experts affiliated with the United Nations expressed shock and dismay after credible allegations of the Chinese government’s involvement in forced organ harvesting targeting religious and ethnic minorities emerged. The experts included special rapporteurs to the Office of the U.N. High Commissioner for Human Rights (OHCHR) and members of a working group on … Read more

Another President bowing to another world leader…

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סוף סוף משהו שעונה באמת להגדרה של קידוש ה׳. הנשיא ביידן כורע ברך לכבודה של רבקה רביץ החרדית המשלבת בין שתי קריירות חשובות: אם ל-12 ילדים, וראש הסגל היוצאת בבית הנשיא. רביץ עוד תמשיך להפליג רחוק. @YediotAhronot pic.twitter.com/YHjrwPVuNl — יוסי אליטוב Yossi Elituv (@yoelituv) July 2, 2021 Biden Literally KNEELS Before Israeli President In Bizarre … Read more

Evergiven finally on its way after $550 million payoff to Egypt. Suez Canal to be re-designed

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  (Bloomberg) — For a nation that provides safe passage for so many ships through its waters, Egypt offered up rather special treatment for the Ever Given. The 400-meter-long container ship began its voyage out of the canal on Wednesday after a ceremony attended by dignitaries, diplomats and company officials from around the world. The … Read more

Bitcoin mayor wins NYC demonrat nomination…

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Eric Adams wins Democratic primary in NYC’s mayoral race… Eric Adams, a former police captain, has won the Democratic primary for mayor of New York City after appealing to the political center and promising to strike the right balance between fighting crime and ending racial injustice in policing. Adams would be the city’s second Black … Read more

Bill Cosby: ‘Mainstream Media Are the Insurrectionists Who Stormed the Capitol,’ ‘Trying To Demolish the Constitution’

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He makes an excellent point here “Just days after getting out of prison, Bill Cosby is on a rampage to expose the “insurrectionist” media and cancel culture. “This mainstream media are the Insurrectionists, who stormed the Capitol,” the newly released 83-year-old actor-comedian warns. Cosby slammed the media in response to the backlash against his Cosby Show … Read more

Pfizer received the largest fine in US history in 2009 for 2.3 Billion for “bribing doctors and suppressing adverse trial results”

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Justice Department Announces Largest Health Care Fraud Settlement in Its History Pfizer to Pay $2.3 Billion for Fraudulent Marketing WASHINGTON – American pharmaceutical giant Pfizer Inc. and its subsidiary Pharmacia & Upjohn Company Inc. (hereinafter together “Pfizer”) have agreed to pay $2.3 billion, the largest health care fraud settlement in the history of the Department … Read more

BREAKING: The President of Haiti has been assassinated in an armed attack on their house with his wife also wounded in the attack

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BREAKING: Reports the President of Haiti has been assasinated.https://t.co/v0Va7SUTw0 — Conflict News (@Conflicts) July 7, 2021 https://twitter.com/theragex/status/1412715745289687042 🇭🇹#Breaking: Haiti's interim PM says all measures have been taken to guarantee the 'continuance of the state' after assassination of country's president — RAGE X Intelligence (@Rageintel_) July 7, 2021 #BREAKING Prime minister Dr. Claude Joseph added the … Read more

Sven Henrich: Sometimes I feel like I’m standing on the Titanic screaming “iceberg” while everyone keeps on dancing on the deck below.

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https://twitter.com/NorthmanTrader/status/1412715882237792261 this is why #bonds are rallying… its not the tighter #Fed its the skidding #economy pic.twitter.com/MjGBCFfyhC — CrossBorder Capital/ GLIndexes (@crossbordercap) July 7, 2021 https://twitter.com/farrisbaba/status/1412561525177556997 https://twitter.com/NorthmanTrader/status/1412701463592288257 Risk Seeking High pic.twitter.com/rB1DGxhqYM — Win Smart, CFA (@WinfieldSmart) July 7, 2021 Retail Investors are optimistic pic.twitter.com/W9eE4JHtyP — Win Smart, CFA (@WinfieldSmart) July 7, 2021 pic.twitter.com/YtZKSGzsAA — M/1_LP … Read more