I Never Use the Terms “Civic” and “Ethno” Nationalism

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by Chris Black ‘Nation’ is synonymous with “ethnic group,” defined as a group of people united by common ancestry, culture, and language. But ‘nation’ is NOT synonymous with “state” (a political entity) or “country” (a territory). So, “ethno” nationalism is a pointless tautology. It’s like saying “natio-nationalism.” And by definition a multi-racial conglomeration is not … Read more

Walmart stock sinks 8% afterhours and confirms recession with lowered guidance

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Inflation is ‘requiring more markdowns to move through the inventory, particularly apparel,’ massive retailer says while lowering profit forecast Shares of Walmart Inc. sank more than 8% in after-hours trading Monday after the retail giant lowered its profit forecast, disclosing that inflation has required the company to conduct more markdowns. Executives now expect adjusted earnings … Read more

Recession deniers need to wake up! The ultrapro short QQQ ETF registered the biggest inflow since inception; Earnings estimates are getting slashed the most since 2020

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The Chicago Fed National Activity Index "unexpectedly" sank to -.19 in June, its lowest level since Feb. The estimate was for .05. The prior month was also revised down from .01 to -.19. My guess is that June will be revised lower next month. #Recession deniers need to wake up! — Peter Schiff (@PeterSchiff) July … Read more

Most Americans Think Government Is Corrupt, a Third Say Armed Revolution ‘May Be Necessary’ Soon

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Another sign of growing discontent in America? A new poll from the University of Chicago’s Institute of Politics finds a majority of Americans think the government is corrupt and stacked against them. To probably no one’s surprise, 73 percent of poll respondents who identify as “strong Republican” respondents agreed with the statement that the government is “corrupt and … Read more

Inflation may hit 15% this winter, as Bank of England hints it was considering steeper interest rate rises to cool inflation

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by Boo_Randy The Keynesian fraudsters at the central banks are always “considering” or jawboning about steeper interest rate hikes, while they keep expanding their balance sheets thanks to their “unlimited” bond buying “tools” which equates to unlimited QE. In terms of inflation, we ain’t seen nothing yet. https://www.dailymail.co.uk/news/article-11044827/Inflation-hit-15-winter-Bank-England-hints-considering-steeper-rate-rises.html

Paul Pelosi Already Up $500K on Stock Trade

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Democrats have carved out quite a niche for themselves as the party of the have-nots, even if it’s mostly a hypocritical marketing ploy. Bernie Sanders, the socialist, lives a pretty non-socialist life with a town house, a vacation home and all the comforts of the bourgeoisie while he claims to champion the proletariat. There’s no … Read more

PA Sending Out $650 Rent Rebate Payments

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Qualifying homeowners in Pennsylvania could receive rebates of up to $975 as part of the state’s property tax/rent rebate program, the Department of Revenue announced. An estimated $121.7 million will be distributed to homeowners across the Keystone State, targeting homeowners who are older, have a disability, or are renting property, per the department. The application … Read more