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Most people are confused deliberately by the use of the term “fractional reserve banking.” The term “fractional” misleads people into thinking that banks lend a fraction of their deposits—like lend $9 for every $10 in customer deposits for a 10% fractional ratio. This is completely a misdirection—a bank can actually lend $9 electronically for every … Read more
Ilhan Omar’s staff helped change her birthdate in the Minnesota Legislative Reference Library after she was elected to Congress in 2018. pic.twitter.com/YjKWZiClL6 — Gina Milan (@ginamilan_) October 13, 2026 🚨 JUST IN: In a huge revelation, Somali Rep. Ilhan Omar's Congressional staff reportedly got her birth year CHANGED from 1981 to 1982 AFTER she was … Read more
An OpenAI employee was arrested after a “sophisticated recording device” was discovered inside its executive conference room, according to the Department of Justice and a post by the company. Abdulrahman Alfozan, 35, who is a national of the Kingdom of Saudi Arabia, was arrested on Oct. 9 in connection with the matter, the DOJ said … Read more
We’re finally starting to see the major decline in home prices unfolding in slow motion. Yes, new homes are not made as well as used homes, but you can still expect used homes to start matching the prices of new construction. Supply is also at the highest it has been since before Covid. New Holmes … Read more
Surgery at Gemelli in Rome lasted about 90 minutes. Video-assisted. No complications. He woke up normally and is back in his room on the 10th floor. Tests during the operation confirmed pulmonary adenocarcinoma. The nodule had shown up on a routine check. He told the crowd Sunday it was small, well-contained, and caught early. Schedule … Read more
$DXY hits an 18 month high today. Risk is relative and Europe and many other countries have way more problems than we do. pic.twitter.com/VN1bKRlABU — QE Infinity (@StealthQE4) October 12, 2026 In France and the UK, large majorities say the economy is getting worse, 67% in France and 63% in the UK, far above the … Read more
I am surprised this is not getting more airtime. CoreWeave CDS at 1000 bp. AI credit stress is getting acute and spreading. Neocloud players like CoreWeave and APLD have very high debt, very concentrated clients and a duration mismatch (long debt, short contracts). 1/5 pic.twitter.com/qoRYnFtoqC — KKGB (@INArteCarloDoss) October 13, 2026 $CRWV bonds blow up … Read more
by Michael A lot of people may not like what Donald Trump just said about the economy, but it is accurate. As you will see below, he recently warned that we could soon be facing “an economic depression much like 1929”, and without a doubt the stage has been set for a downturn of that … Read more
Over 30 people in #DonaldTrump's orbit were indicted. Many more got subpoenas to appear in court, including his family. Here are 19 of them who were mugshot. Trump was on trial for months! So what are #IlhanOmar's friends complaining about? At least THEY got mugshots. We didn't… pic.twitter.com/ZLberaByIv — Bud Meyers (@RealBudMeyers) October 12, 2026
Whoaa.. So you're telling me he turned $1 million into $27 million and then round-tripped the whole thing back to $1 million? 😳 This has gotta be one of the wildest portfolio swings I've ever witnessed. Imagine watching $26 million in profits disappear and ending up right… https://t.co/asxzksSyfS — Prof (@TheProfInvestor) October 13, 2026
WOW 🚨 California resident with a large diesel truck went in to get gas, he was excited because he was expecting to finally get a cheaper price thanks to Donald Trump’s Executive Order removing the tax He was told by the gas station Gavin Newsom is BLOCKING the relief and it’s still full price He’s … Read more
For nearly two years, Yuan struggled with a mysterious illness while working at Berkeley Engineering and Research. Her symptoms began in 2017 and included vomiting and hair loss. Despite seeking medical treatment, she did not initially know what was making her sick. A breakthrough came after Yuan’s mother noticed something unusual about her water. Yuan … Read more
https://accountabilityscorecard.org/reps/pa-01-brian-k-fitzpatrick/ A separate tracker reports recorded pro-Israel-lobby money associated with 534 of 537 sitting members of Congress about 99.4%, but its methodology includes broader categories of money and outside spending, which candidates do not directly receive. https://briberyislegal.org/groups/pro-israel https://www.opensecrets.org/industries/summary?cycle=2024&ind=Q05 h/t thegeebeebee
When the world’s largest asset manager trims U.S. stocks and favors short-term Treasuries, investors should pay attention to its changing appetite for risk. BREAKING: BlackRock has cut U.S. stocks to neutral and turned bullish on Treasuries. Short-term Treasuries: upgraded to overweightLong-term Treasuries: upgraded to neutral, from underweightU.S. stocks: downgraded to neutral — unusual_whales (@unusual_whales) October … Read more
China’s central bank has bought gold for 23 straight months, and the country is importing more of the precious metal than ever. That buying spree reflects Beijing’s push to cut its dependence on the dollar, and Chinese households’ lack of safe alternatives, with analysts expecting sustained demand for the bullion in a struggling economy. The … Read more
"Investigate all you want." Same woman who told a reporter "I never said that." Then the tape played. https://t.co/93S6l7Uxg0 — Censored Voice (@CensoredVoiceHQ) October 12, 2026
“Don't fight the Fed” is one of the biggest myths in investing. The S&P 500 has delivered strong average forward returns across every interest rate environment. High rates, low rates, easy policy, tight policy. The stock market doesn't care nearly as much about Fed policy as… pic.twitter.com/7updIEqHlH — Charlie Bilello (@charliebilello) October 13, 2026
Energy Secretary Chris Wright signed Order No. 202-26-50 on October 12 under Federal Power Act section 202(c). Effective October 13–16. Covers the PJM region (roughly 65 million people across Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and D.C.). BREAKING 🚨 The Federal Government just declared a … Read more
Trump ally Kimberly Guilfoyle has resigned as U.S. ambassador to Greece after reports of alleged misconduct before and during her tenure. Her lawyers deny wrongdoing. Guilfoyle addressed the accusations directly in a post on X, saying, “These allegations are false, and I intend… pic.twitter.com/ECGZ4L6QQJ — The Associated Press (@AP) October 13, 2026 Kim Guilfoyle just … Read more
.@POTUS: "Iran is a failed country. They have no economy. They have 300% inflation. They have no money. They're not paying their troops. They're not paying anybody. We'll make a decision on Iran very soon." pic.twitter.com/rgSXdh32FK — Rapid Response 47 (@RapidResponse47) October 13, 2026