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No bad idea ever dies in Washington. Once it takes root, it will reemerge in another form. So, all the huzzahs about the demise of the Biden administration’s Orwellian “Disinformation Governance Board” are premature. As we note in our I&I/TIPP Poll, the board attracted widespread hatred among the public, with 55% saying that they wouldn’t trust … Read more
https://twitter.com/MFHoz/status/1529432140232163332 https://twitter.com/MarketSanity/status/1529262130351984642 Pandemic Stocks$PTON -87%$ZOOM -71%$NFLX -64% — John Tuld (@BradHuston) May 25, 2022 misses across the board Durable Goods 0.4%, Exp. 0.6%Durables ex transports 0.3%, Exp. 0.6%Cap Goods orders nondef ex aircraft 0.3%, Exp. 0.5% — zerohedge (@zerohedge) May 25, 2022 CNBC re forward-looking warnings from another retailer.Keep an eye on #retailers as an … Read more
by Boo_Randy The big news today was the 9 months’ supply of unsold new housing inventories in April, nearly doubling in the past year and classifying as a 2 SD event. Inventory excess is now at a level that in the past was consistent with a recession followed by a huge home price correction. — … Read more
by Boo_Randy Buh bye.. $Trillion market cap
by Boo_Randy When will the sheeple of the UK crack the code on their votes for the oligarchy’s hand-picked stooges who give the BoE free rein to print with wild abandon, and the soaring cost of living? https://www.dailymail.co.uk/news/article-10848489/Grocery-prices-surge-fastest-pace-13-years.html The price of groceries is rising at its fastest rate for 13 years, with prices for dog … Read more
via Lawrence McDonald on the Bear Trap Report: The Fed is promising $1T of quantitative tightening over the next 12 months? Who are they kidding?! Leverage finance markets are near frozen. Only two junk bonds have priced in May in the U.S high-yield bond market. There are no deals currently in the pipeline, per institutional clients … Read more
by BoatSurfer600 Source: https://www.farminguk.com/news/arla-boosts-june-milk-price-as-costs-increase-dramatically-_60450.html
Step 1) Decide arbitrarily that the answer is 2%. Step 2) Draw a line from the current number to 2%. Step 3) It didn't work, let's draw another line. — Lyn Alden (@LynAldenContact) May 25, 2022
by Sarah Hoyt It’s not just spending — Biden’s record regulations are driving inflation too. The role of regulations in the inflation crisis is largely overlooked but shouldn’t be. When Washington wraps the economy in red tape, businesses must spend massive sums on compliance. That cash doesn’t materialize from thin air. Every dollar that goes toward … Read more
Hillary Clinton Did It Her 2016 campaign manager says she approved a plan to plant a false Russia claim with a reporter. The Russia-Trump collusion narrative of 2016 and beyond was a dirty trick for the ages, and now we know it came from the top—candidate Hillary Rodham Clinton. That was the testimony Friday by … Read more
Anticipating the same for the US…. (ZeroHedge) Internet “blackouts” as a result of a “wave of bankruptcies” in broadband networks could be on their way. British daily newspaper The Shillograph noted this week that certain smaller broadband suppliers are “being pushed to the brink” that that the effects of inflation could eventually leave homes without … Read more
by Chris Black You will slowly start to see other companies making these kinds of moves before the government officially announces it. These retards really believe they can fight both Russia and China. RT: Online accommodation booking firm Airbnb is reportedly shutting down its business in China with all mainland Chinese listings to be taken … Read more
by Chris Black After what happened to George Floyd, I don’t know how we can even be talking about charging black people with crimes simply for shooting cops.
by Michael What in the world has happened to our society? Every day I scour dozens of news websites as I do research for my articles and upcoming books, and every day I am horrified by all of the evil that I encounter. We are a deeply, deeply sick society, and more symptoms emerge with … Read more
by Chris Marcus of Arcadia Economics Perhaps the ultimate sign that the #FederalReserve is way too far behind the curve in addressing #inflation is when even former Fed chairman Ben Bernanke is saying the Fed’s too slow in raising rates! That’s right. Bernanke (who has a new book out) was on CNBC this week, and in addition to … Read more
by Martin Armstrong Back in 2007, Nancy Pelosi was quick to blame the Bush Administration for rising gas prices. In 2018, Pelosi tweeted, “The price of regular unleaded gas has climbed 20% over the last year (thanks to Republican policies), eating away at working families’ paychecks – but according to @GOPLeader, you’re #BetterOffNow.” The national … Read more
This is a hilarious self-own. On a Davos energy transition panel, the moderator asked World Economic Forum guests to raise their hands if they had an electric vehicle. JUST FOUR of them did. pic.twitter.com/NYFXbX8ToG — Andrew Lawton (@AndrewLawton) May 24, 2022
by CHris Black This is very obvious. Free speech is dangerous for democracy. Democracy is about , I don’t know, trannies, child grooming and gay anal. Free speech is over rated, the peasants might get uppity . The fact that they are now just openly associating freedom with dictatorship is both fun and hilarious – … Read more
by silvertomars
Just a reminder, this has to do with extremely wet spring weather in much of the Northern Plains. That area faced a bad drought last year, but too much rain in April and some rains/cool weather since then has kept farmers and their heavy equipment out of fields. — Karen Braun (@kannbwx) May 23, 2022 … Read more