Hedge Fund Manager Bill Ackman warn of a “deep, job destroying recession”.
The Fed announced a 50-basis-point rate hike today. Projects raising rates as high as 5.1% before ending inflation battle h/t Spare_Act_5747
The Fed announced a 50-basis-point rate hike today. Projects raising rates as high as 5.1% before ending inflation battle h/t Spare_Act_5747
by Michael Everyone knows that the quality of education in our public schools is declining. We continue to fall behind the rest of the world, and this is particularly true in science and in math. Personally, I am a product of the public schools. I attended public schools all the way through high school, and … Read more
Do you all get a daily script emailed to you? pic.twitter.com/t6J4Duc7j5 — RedpillPatriot (@redpill2138) December 14, 2022 h/t Stephen Green
“Even though the American public has greater trust in their military than most nations have in theirs – and there is a lot of institutional capital there to burn through – the drop along all political persuasions is significant. As reported by Gallup, they are returning to levels not seen in over 35 years as … Read more
After what must have been particularly heated negotiations, House and Senate negotiators have – no doubt grudgingly – agreed to balloon the United States defense budget by an additional $45 billion beyond the $800+ billion the Biden administration had asked for. Politico calls the increase a “rebuke” of the President, which seems a curious way … Read more
OMFG @TheBabylonBee pic.twitter.com/YXhuiioAwm — Benny Johnson (@bennyjohnson) December 14, 2022 Tess
Texans could have a dark, cold Christmas if an Arctic blast headed east continues its path. Texas suffered a massive power grid failure in February 2021 after three severe winter storms and frigid temperatures stressed the grid. The grid’s failure resulted in millions of Texans losing power, leading to a lack of food, water and warmth. The failure … Read more
Fifty-five websites have been seized for illegally live-streaming matches from the World Cup in Qatar, the US Justice Department said Monday. The websites were shut down after a FIFA representative identified sites being used to distribute copyright-infringing content https://sports.yahoo.com/us-seizes-55-websites-illegally-200533446.html
“I’ll start with the principles I’ve come to believe…based on everything I’ve learned and experienced through my past actions as a Twitter co-founder and lead: Social media must be resilient to corporate and government control. Only the original author may remove content they produce. Moderation is best implemented by algorithmic choice. The Twitter when I … Read more
Top Comment on Part 1: If the lenders are forced to keep their assets (contracts) in old currency, and the borrowers allowed to convert their assets (cash) into new currency, then the logical outcome will simply be to raise interest rates on the loans to match the devaluation of the old currency against the new … Read more
https://twitter.com/VictorMacNamar2/status/1603060188084404228
h/t JPowsSecretlover
JARED BLIKRE: Welcome back. As we announced last week, Costco is Yahoo Finance’s Best Company of the Year. But what about our Worst Company of the Year? To discuss, we’re joined by Senior Columnist Rick Newman and Senior Autos Reporter Pras Subramanian. I guess the beans have been spilled here, so I can just let it … Read more
Another crypto drama might be looming on the horizon, even bigger than the continuing FTX-related one. Customers are moving their money from Binance, concerned about the safety of their assets amid the fuss caused by the recent audit gone wrong. The world’s biggest crypto exchange platform failed to prove the effectiveness of its internal financial … Read more
by tvfanatic1337 Don’t forget that Elon has $100B worth of Tesla shares as collateral for his own personal loans!! There is a very real risk that he gets liquidated out of his 25% Tesla position, creating a panic and a BANK RUN on $TSLA stock if fear/contagion set in. Elon’s personal loans will become insolvent … Read more
How is it that someone who received cash from FTX can oversee the hearing on FTX? Seems like old Maxine Waters wants to get this over with ASAP! Lmfao Rep. Maxine Waters tried to end the FTX hearing before Rep. @Lancegooden got a chance to question the witnesses, who had to remind her that all … Read more
The Fed forecast that it would keep rates higher through 2023, with no reductions until 2024. h/t Guysmarket
n 2018, a typhoon stranded thousands of people at Kansai International Airport, near Osaka, Japan. Among them were some tourists from Taiwan. Normally, this story might not have had much political meaning. But a few hours into the incident, an obscure Taiwanese news website began reporting on what it said was the failure of Taiwanese … Read more
by Chris Black I mean, this is who we are, right? Love, forever more. 💕 pic.twitter.com/sg8DGGCRlw — Jill Biden Archived (@FLOTUS46Archive) December 14, 2022 America is a democracy, and our values are ramming things into your butt. There’s no other way to put it (no pun intended). This shitshow was in celebration of Joe Biden … Read more