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https://twitter.com/michaeljburry/status/1363383141168128004?s=21 “Speculative stock #bubbles ultimately see the gamblers take on too much debt. #MarginDebt popularity accelerates at peaks. At this point the market is dancing on a knife’s edge. Passive investing’s IQ drain, and #stonksgoup hype, add to the danger.” There’s been a lot of talks about the current market being a bubble, that could … Read more
by Jason Burack of Wall St For Main St The Fed’s balance sheet is up $150 billion in only 2 weeks and is on its way towards $8 trillion very quickly. This large increase so quickly is mostly from $100 billion in purchases of toxic mortgage backed securities (MBS). FULL SHOW NOTES AND LINKS HERE Commit to tipping … Read more
It probably should not be surprising when Americans hand Democrats total control of the federal government in Washington — both houses of Congress plus the White House. But it is significant. A new Gallup poll is reporting a large majority of Americans (57 percent) want more federal government regulation of the large technology companies. That’s … Read more
An ongoing coronavirus pandemic wasn’t going to stand in the way of city employees making big bucks, with more earning six figures, $200,000 and $300,000 in 2020 than they did in 2019. As always, the top of the list is dominated by the city’s cops and firefighters, according to the city’s 2020 payroll data released Friday. The … Read more
https://www.youtube.com/watch?v=wUp1ZysjsPE https://www.reuters.com/article/us-usa-fed-rosengren-fiscal-idUSKBN2AJ2CO https://abcnews.go.com/Business/wireStory/enrollment-us-community-colleges-plummets-amid-pandemic-76017644 https://www.nj.com/coronavirus/2021/02/third-stimulus-check-update-biden-challenges-critics-of-19t-spending-plan-that-includes-1400-payments-what-should-i-cut.html https://www.cnbc.com/2021/02/20/biden-declares-major-disaster-in-texas-as-state-struggles-with-fallout-from-power-outages.html#BREAKING
https://www.youtube.com/watch?v=7dE0DciFe3A Leah Barkoukis from Townhall reports, The House Judiciary Subcommittee on the Constitution, Civil Rights and Civil Liberties, met virtually Wednesday to discuss legislation that would establish a commission looking into reparations for black Americans. Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/leahbar…
by Martin Jones via Mises In recent years a number of economic studies have concluded that small to moderate increases in the minimum wage do not necessarily cause a discernible decline in employment. Social activists have seized on these findings to argue that there are no job losses and that it is possible to increase mandated wages … Read more
Every passenger I've talked to on United 328 wanted to thank the pilots and crew who safely landed the plane. Without them today could've looked a lot different. Listen to the pilot make the mayday call: "Just experienced an engine failure. Need to return immediately" #9News pic.twitter.com/HvdjnzRG66 — Marc Sallinger (@MarcSallinger) February 21, 2021 https://twitter.com/RexChapman/status/1363249686665187329 … Read more
Biden made his international debut Friday with a speech at the G-7 summit declaring the end of former President Donald Trump’s “America first” era. Administration officials previewed Biden’s virtual speech, “Now he will get the opportunity as president of the United States early in his term to declare that America is back and the trans-Atlantic … Read more
by Martin Armstrong Spain has imprisoned a rapper for insulting the government in his Tweets. Barcelona and many other Catalan cities, along with Madrid have been erupting in civil unrest as people protest to demand the freedom of rapper Pablo Hasel, who the government sentenced to prison for nine months because of his tweets which were insults against … Read more
by Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2021/02/San-Fran.mp4 See Peter Santenello’s Video on Facebook – Unfortunately This is the REAL California. They are so far to the left, there is no more rule of law. Why should anyone pay for anything? If everyone went to the store and stole $950, they would bring California’s economy to a dead halt. … Read more
by Simon Black of Sovereign Man Are you ready for this week’s absurdity? Here’s our roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. “Chestfeeding People” is the New Gender Inclusive Term in UK Hospitals The Brighton and Sussex University Hospitals … Read more
From Birch Gold Group The Fed attempts to maintain control of various rates (including inflation, unemployment and long-term interest rates) through its monetary policy decisions. In the past, poor choices arguably led to both the dot-com bubble and the Great Recession. But that’s old news. Today, Fed Chairman Jerome Powell is trying to get the U.S. … Read more
https://www.youtube.com/watch?v=bSPkI5Omt6A
https://www.youtube.com/watch?v=QMxZdln1CQ0 Reagan McCarthy from Townhall reports, Symone Sanders, spokeswoman for Kamala Harris, joined other Biden administration officials in dodging straightforward questions about liberating schools from coronavirus closures. Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/reaganm…
https://www.youtube.com/watch?v=D8Y2TygcPzY Barricades, burning garbage bins and vandalized shops – Barcelona descends into chaos as protests over the jailing of rapper Pablo Hasel continue for the fifth consecutive night. According to local police, some 6,000 demonstrators gathered in Barcelona, and several arrests were made.
During the Great Recession in 2009, Democratic leaders were forced to prepare their rank-and-file lawmakers for the sticker shock of proposing a $787 billion stimulus bill. During the current recession, Republicans are mocked as cheapskates for supporting a mere $4 trillion in relief. Over the past 15 years, federal-budget numbers have escalated to the point of … Read more
