President Biden is ‘asking’ America’s middle class to pay $20 billion for his Inflation Reduction Act in order to fund the addition of 87,000 IRS agents. The nonpartisan Congressional Budget Office claims the bill will NOT reduce inflation.

The Inflation Reduction Act sent to President Biden’s desk will end up forcing working-class Americans to pay billions of dollars in new taxes, according to the nonpartisan Congressional Budget Office. An analysis by the CBO estimates those earning less than …

READ MORE

SoftBank’s Vision Fund lost a whopping $23 billion in Q2 as tech investments turned sour… this follows a loss of $26 billion the previous quarter… all gains since 2017 have now been wiped out…

by silvertomars Vision Fund, which upended the world of venture capital with splashy bets on startups such as ridehailers Uber and Didi, posted a $23.1 billion loss in the April-June quarter as value evaporated from its investments in the market …

READ MORE

Tiny Company in UK with only 3 staff handed £70 billion Net Zero Contract

The Place Group will ‘control, manage and deliver’ the public sector transition to Net Zero. Its website states: “We have a strong track record of developing winning free school applications and trusts across the country” https://www.cornwalllive.com/news/cornwall-news/small-company-cornwall-awarded-giant-7407664?fbclid=IwAR0dlG_Xk1c6q4hthJ8qVBPSir7TbMnx-k5xlcikUT-xko868_ayhx_bkUM&fs=e&s=cl I searched the Company. …

READ MORE

Schumer/Manchin Bill With $327 Billion In New Taxes Could Cause Further Recession And Increase Taxes On Americans Making Under $400,000 (US 10Y-2Y Yield Curve Further Inverts)

by confoundedinterest17 The spendiholics in Washington DC (aka, Biden and Congress) have passed yet another inflationary legislation, this time the sadly misnamed “The Inflation Reduction Act” since it will likely lead to a furthering recession of the US economy. Well, that is one way …

READ MORE

Chris Martenson: They’re proposing $750 billion in NEW spending and calling it “THE INFLATION REDUCTION ACT”??

Chris Martenson – Twitter, Released on 7/28/22 Read more about it here: https://www.politico.com/news/2022/07/27/manchin-schumer So, just to be clear, the goobermint is proposing $750 billion in NEW spending and calling it "THE INFLATION REDUCTION ACT"?? — Chris Martenson (@chrismartenson) July 28, 2022 …

READ MORE

GM profits take $1 billion nosedive…

General Motors’ (GM) second-quarter net earnings plummeted 40% from 2021 amid the company’s push to produce more electric vehicles (EVs), according to a company earnings report released Tuesday. GM said it was unable to deliver 95,000 vehicles to dealers due …

READ MORE