Federal Reserve Powell to testify to congress today starting 10am. And why today is so important

by dancingbearstonks Intro to why today is important: -During times of crisis and specifically high unemployment, congress tends to make the biggest changes to the federal reserve’s power. -Congress will either clip the wings of the fed or empower the fed. But it appears in a typical cycle they clip the wings of the fed first – … Read more

V-shaped recovery? TOST restaurant data collapsed… Delinquencies & retail sales…. everything is booming

V-shaped recovery pic.twitter.com/AVn8VlTZbj — Alessio (@AlessioTMAD) June 16, 2020 TOST restaurant data collapsed on Sunday, but you cant get the data today.. pic.twitter.com/LWv4sctcxS — Hedgeye Restaurants (@HedgeyeRestos) June 16, 2020 Delinquencies & retail sales…. everything is booming pic.twitter.com/kc555nhxRA — Alessio (@AlessioTMAD) June 16, 2020 Cass Freight Index Has Little Improvement in May "We do not … Read more

The Fed’s Grand Bargain Has Finally Imploded

by Charles Hugh-Smith The Fed has backed itself not into a corner but to the edge of a precipice. Though the Federal Reserve never stated its Grand Bargain explicitly, their actions have spoken louder than their predictably self-serving, obfuscatory public pronouncements. Here’s the Grand Bargain they offered institutional investors and speculators alike: We’re taking away your … Read more

Big Recall On Ground Beef Sold at Walmart and Other Stores Over E. coli contamination

https://www.youtube.com/watch?v=s-_rdBus7rA Nearly 43,000 pounds of ground beef, including packages sold at Walmart stores, are being recalled because of possible E. coli contamination. The Department of Agriculture’s Food Safety and Inspection Service announced late Saturday that Lakeside Refrigerated Services of Swedesboro, New Jersey, is recalling select packages of ground beef produced June 1. Learn More: https://www.yahoo.com/news/ground-bee… … Read more

RUSH: Once again we have on full display the complete ignorance of the American media.

via rushlimbaugh RUSH: Let’s go to the audio sound bites. Dadelut, dadelut, dadelut, dadelut, dadelut, dadelut. This is kind of funny. We’ll start with number 1. This is Bloomberg Radio Network news, and this was Saturday or Sunday, some columnist for the Bloomberg Opinion website wanted to weigh in on me and conservative media and Trump. … Read more

Seattle ANTIFA Rioters Change Name Of Occupied Area From CHAZ To CHOP After What Happened To People During French Revolution

by Geoffrey Grider Those who refuse to embrace their movement could face a violent end, a group of ANTIFA protesters in Seattle have declared. The unsettling warning comes after their encampment in the city was renamed to CHOP. As the ANTIFA forces begin to settle into their Autonomous Zone, and get more comfortable with their anarchy, … Read more

This is worse than January/February

Keep pumping Powell pic.twitter.com/oeoBlNfUaF — Alessio (@AlessioTMAD) June 15, 2020 Despite massive government and central bank stimuli, the global economy is seeing a concerning rise in defaults and delinquencies. The Risk of the “Bailout Of Everything” Watch this video to find out morehttps://t.co/8QYZhj8PAE — Daniel Lacalle (@dlacalle_IA) June 15, 2020 🧐People is fooled by V … Read more

Last week: “We want investors to price in risk like markets should” – Powell… Today: “Fed will begin buying broad portfolio of corporate bonds” – Bloomberg

Last week: "We want investors to price in risk like markets should"– Powell Today: “Fed will begin buying broad portfolio of corporate bonds” – Bloomberg None of us own enough gold. pic.twitter.com/oJbW19pyYj — Otavio (Tavi) Costa (@TaviCosta) June 15, 2020 The Federal Reserve is expanding its foray into corporate credit to now buy individual corporate … Read more

Disgraceful, CNN: Guess what’s missing from this story?

by DCG On Sunday, CNN tweeted the following: “An investigation is underway after a Hispanic man is shot and killed by a patrol officer with the San Bernardino Police Department Saturday evening, the SBPD announces.” From their story: “An investigation is underway after a Hispanic man was shot and killed by a patrol officer with the San Bernardino Police Department Saturday … Read more

Savings Are Critical to a Prosperous Economy

by Frank Shostak via Mises It is held by most mainstream economists that spending is the heart of economic activity. Economic activity is depicted as a circular flow of money. Spending by one individual becomes part of the earnings of another individual, and vice versa. In contrast saving is viewed negatively as it weakens the potential demand for … Read more

FDA is out of control and actively working to sabotage America. Trump needs to get a grip on the situation immediately.

by Shreddit “FDA revokes emergency use of hydroxychloroquine”. Right after that fake Surgisphere study that claimed HCQ doesn’t work got retracted for being of extremely low-quality, the FDA mysteriously bans HCQ for coronavirus ahead of a 2nd wave. The agenda is clear. The FDA is abusing regulatory power to prevent Americans from receiving the critical … Read more

Alabama’s Coronavirus Cases Are Skyrocketing, Breaking Records For 4 Straight Days

Alabama’s Coronavirus Cases Are Skyrocketing, Breaking Records For 4 Straight Days Coronavirus cases reported in Alabama are increasing at a rapid rate, setting records for new single-day cases each of the past four days; over 1,000 cases were reported on Sunday alone—the first time that’s happened since the pandemic started as the state is one … Read more

RUSH: If you happen to be a ranking Democrat, it would not escape you how easy it was to convince the American people to destroy their economy, to destroy, in some cases, their own businesses.

via rushlimbaugh RUSH: This is this is Dave, Sugar Grove, Illinois. I’m glad you waited, sir, and it’s nice to have you here. Hello. CALLER: Thank you, Rush. It’s an honor to be to the program and I hope your treatments are going well. RUSH: Thank you, sir. Thank you very much. CALLER: Quickly, I want … Read more

Full communism has been achieved in CHAZ. Theft is now excused as unplanned donations or object reassigning.

by slowmotrin CHAZ “resident” loses property, including a 16″ MacBook Pro, reaches out to find out who did it, replies say it has been “redistributed” to the community. Resident immediately regret moving to CHAZ, post has been deleted by mods. LIBERATE CHAZ CHAZ/CHOP: Warlord Raz Handing Out AR-15s To Minors — VIDEO       … Read more