Doug Casey: Stupidity, Evil and the Decline of the US

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via International Man: It used to be that America was a country of free thinkers. “Say what you think, and think what you say.” That’s an expression you don’t hear much anymore. It’s much more like the world of 1984 where everything is “double think.” You need to think twice before you say something in public. You think … Read more

LA ANTI-HOMELESSNESS PROGRAM SPENDING THIS ABSURD AMOUNT PER PERSON, AUDIT REVEALS

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Los Angeles has dedicated $1.2 billion to a new program fighting homelessness, but instead of maximizing the budget’s impact, the city is spending up to $837,000 per unit to house homeless people. An audit released by Los Angeles City Controller Ron Galperin shows that Proposition HHH, a ballot measure that issued a $1.2 billion bond to fight … Read more

NYC to drop mask mandate for kids in 10 days…

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New York City's school mask mandate will end for children under the age of 5 on April 4 as long as Covid cases remain low, Mayor Eric Adams said. https://t.co/vUlyTY478I pic.twitter.com/ZxiSqFH0dL — The New York Times (@nytimes) March 23, 2022 April 4th is the target date.   h/t CFP

Stimmies are back!

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https://twitter.com/SuperMugatu/status/1506749800179503110 With Americans still in shock over jaw-dropping, rising gas prices, a few proposals have floated around Congress and elsewhere about offering some relief to drivers. Los Angeles on Tuesday became the first major city in the U.S. to reach an average gas price of $6 or more. That’s according to fuel savings platform GasBuddy, … Read more

DeSANTIS: By allowing men to compete in women’s sports, the NCAA is destroying opportunities for women, making a mockery of its championships, and perpetuating a fraud….

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By allowing men to compete in women's sports, the NCAA is destroying opportunities for women, making a mockery of its championships, and perpetuating a fraud. In Florida, we reject these lies and recognize Sarasota's Emma Weyant as the best women's swimmer in the 500y freestyle. pic.twitter.com/tBmFxFE3q6 — Ron DeSantis (@GovRonDeSantis) March 22, 2022

Last week EU Ursula Von der Doyen wanted to remove Russia from the economy and was ready for a total war. Today she is begging Putin to let wheat ships to pass through, as EU faces a food shortage

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Usually, EU produces a lot of wheat. But they sell that wheat to many places in relatively small quantities to make money. They buy a lot of wheat from Russia in large quantities so their price is better for the wheat they eat, while their profits are high for the wheat they sell, due to … Read more

LOL! Kamala Harris Snapped at Joe Biden for Making her Border Czar — Accused Biden’s “White Inner Circle” of Looking Down on Her

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A new book by NY Times reporters Jonathan Martin and Alexander Burns reveals tension between the Biden regime and VP Kamala Harris. The Vice President reportedly wanted softball assignments and was angry when she was assigned the open border with Mexico rather than point person to the Nordic countries. Kamala also thinks Biden’s “white inner … Read more

SEC Alert! The Securities and Exchange Commission today voted to propose changes that would remove the references to credit rating agencies from existing exceptions provided in Rule 101 and Rule 102 of Regulation M.

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by Dismal-Jellyfish Proposed Rule (95 pages) Source The Commission proposes to replace the credit-rating requirement included in Rule 101’s exception, which is available to distribution participants and their affiliated purchasers, with requirements that the nonconvertible debt securities and nonconvertible preferred securities meet a specified probability of default threshold, and that the asset-backed securities be offered … Read more

Simply Unaffordable! Soaring US Home Prices + Soaring Mortgage Rates + DECLINING Real Wages Makes US Housing Unaffordable For Millions (MBA Refi Applications Drop 14.37% From Preceding Week)

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by confoundedinterest17 US housing is getting simply unaffordable. US mortgage rates are soaring, US home prices are soaring, The Fed’s balance sheet is still growing, and US average hourly earnings are growing at a fraction of home price growth. The unafforable nature of US housing prices is similar to that of 2005-2007 when home price growth greatly … Read more

Europe is moving closer to recession every day… Growing chance of a US recession… “Even more likely we are heading toward a phase with a recession combined with high inflation rates.”

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It's less aggressive, and markets are less focused than before, but the price of #oil is heading towards its recent high, rising 25%(!) in the last six trading days. Europe is moving closer to #recession every day. pic.twitter.com/WBUuRo10Ab — jeroen blokland (@jsblokland) March 23, 2022 The Fed is right in wanting to frontload rate hikes … Read more