Fed Chair Powell Says “Long Way to Go” in Inflation Fight, Calls U.S. Debt “Unsustainable”

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The United States is watching disinflation travel through the national economy, but “it has a long way to go” before price stability is achieved, says Federal Reserve Chair Jerome Powell. Speaking at the Economic Club of Washington on Tuesday, the Fed chair acknowledged that the country is in the “very early stages of disinflation.” However, … Read more

AMC to Charge More for Good Seats in Movie Theaters

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NEW YORK—Middle seats at many U.S. movie theaters just got more expensive. AMC Theaters, the nation’s largest movie theater chain, on Monday unveiled a new pricing scheme in which seat location determines how much your movie ticket costs. Seats in the middle of the auditorium will cost a dollar or two more, while seats in … Read more

Arizona Border Hospital Faces Financial Crisis After Treating so Many Illegal Alien Patients: ‘Not a Sustainable Model’

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A hospital near Arizona’s southern border is facing a financial crisis on account of the thousands of illegal immigrants crossing into the United States, and its president and CEO is now taking to the media to help draw attention to the issue since so many governmental leaders have refused to address it. Dr. Robert Transchel, … Read more

YSK: Android users can dramatically increase the speed of their device animations/transitions/pop-ups with a simple settings change.

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by deep6er By making a minor adjustment in your device settings, you will immediately notice how much faster your device will perform. Why YSK is that Android default is set to much slower settings and your device can be noticeably faster. Edit: for those who tried and were unsuccessful, I had a typo in the … Read more

SoftBank virtually halts new funding as it contends with persistent losses

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https://techcrunch.com/2023/02/06/softbank-loses-nearly-6-billion-in-a-quarter-as-downturn-continues/ SoftBank Group’s investment vehicles posted a loss of nearly $6 billion in the quarter that ended in December as the Japanese tech investor continues to bleed through the market downturn and significantly pares back new backings. This is the fourth straight quarter in which SoftBank Group has lost money, prompting many to challenge the … Read more

Disney is at it again…

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The creator of Disney+ show The Proud Family: Louder and Prouder said he is thrilled by the backlash against the cartoon – which has been branded ‘anti-white propaganda’. Disney was slammed for going woke yet again after the cartoon featured black children rapping about reparations and saying: ‘Slaves built this country.’ Bruce W. Smith, 61, … Read more

Just as everyone believes the bear market is over, comes the credit event…

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https://twitter.com/leadlagreport/status/1623030861141577742 The default cycle has begun. Several large land bankers in Vancouver have filed for bankruptcy, unable to refinance their loans now that the music has stopped. — Ben Rickert (@Ben__Rickert) February 7, 2023 The average home is STILL selling for almost 10x the average income! Home prices can remain expensive for 2-3 years, but … Read more

George Gammon has a valid point

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People really need to start thinking about how they’ll navigate governments having CBDCs. If you think you’ll be able to simply unplug from the system by using bitcoin or gold/silver, and maintain your current standard of living, you haven’t thought this through completely. — George Gammon (@GeorgeGammon) February 7, 2023

Inflation Alert! Cox Automotive: Wholesale Used-Vehicle Prices Increase in January….

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by  Dismal-Jellyfish ‘In January, Manheim Market Report (MMR) values saw price increases that were not typical.’ Remember, falling used vehicle retail prices exerted big downward pressure on “core CPI”. This must make JPow nervous… I want to call out the highlighted section: The average daily sales conversion rate increased to 59.4% and was above normal … Read more

Boeing Cutting 2000 Jobs…Zoom Video 1,300 Jobs

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WASHINGTON (Reuters) -Boeing Co expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the U.S. planemaker confirmed Monday. Last month, the Arlington, Virginia-based company announced it would hire 10,000 workers in 2023 after hiring 15,000 people in 2022, but said some support positions … Read more

Mark Dice: The Grammys: Satanism, Queers, and “Uplifting Black People!”

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by Chris Black The Grammys aren’t even trying to hide it anymore. https://twitter.com/wolsned/status/1622492725315616768 Does anyone watch these ridiculous awards shows where these perverts and lunatics give themselves awards for their lack of talent? I haven’t heard anyone talk about these ridiculous shows in many years, I don’t think anyone cares about them or watches them. … Read more

“But drugs make you more creative!”

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by Chris Black You can thank Maynard James Keenan for popularizing that Bill Hicks bit—possibly the worst bit in Bill’s mostly-funny repertoire—if it were really true that drugs make you “more creative,” then every burnout loser I’ve ever met would be going RIAA platinum, but unfortunately for them it’s not true at all. “Drugs spark … Read more

Beijing Now Has More ICBM Launchers Than USA…

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Not looking good. The U.S. military has notified Congress that China now has more land-based intercontinental-range missile launchers than the U.S., fueling the debate about how Washington should respond to Beijing’s nuclear buildup. https://www.wsj.com/articles/china-has-more-icbm-launchers-than-u-s-american-military-reports-11675779463

A Balanced Budget is Now “Irresponsible”

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by Simon Black “Irresponsible.” That’s the word that some politicians in the United States Congress have been using this week to describe their opponents’ demands to balance the federal budget. Just imagine what that says about the state of US public finances: that even the mere thought of having a balanced budget… of living within your … Read more