by Martin Armstrong The “Rise Up Cambridge: Cash Payments for Families with Kids” will provide low-income households with a monthly check for $500 to test guaranteed basic income. Those eligible are families with children who earn under 250% of the federal poverty …
by bitkogan Microsoft delivered outstanding quarterly results, and Google (Alphabet) didn’t disappoint either, announcing a $70 billion buyback program. So, is an uptrend guaranteed? Once again, I wouldn’t be so sure. I did capitalize on yesterday’s drop, partially closing my positions in SOXS (Semiconductor Bear 3X) …
by Chris Black Wow, no one could have predicted this following Trump’s stolen election in 2020. RT: The dominant global role of the US can no longer be guaranteed as the country is witnessing a time of change “that comes along …
CHICAGO — Christopher Ellington’s South Side photography studio crashed in 2020 with the onset of the pandemic. By March 2021, he was scraping by on a tax preparation and financial advice business when gunshots rang out one day as he …
by goldenloi There seems to be a widespread consensus that inflation has peaked and it’s down from here. I tend to disagree, though I acknowledge that this is possible. Nothing is guaranteed and no two time periods are exactly the …
We’ve been reporting on how Elon Musk has been cleaning up Twitter. He just made another move that goes a long way to do that. It was just announced that Musk has disbanded the “Trust and Safety Council.” In an email …
It’s not that often you use the word ‘guarantee’ and are right about it, but this could actually be one of those times. Question: what do you get when you combine a debt- grounded financial system with soaring interest rates? …
by Martin Armstrong An Illinois county is paying illegal immigrants for making it across the border and winding up in the mess that is the Chicago area. US taxpayers already pay around $20 billion annually to support those who entered illegally, but …
Ukraine’s admission to NATO could trigger a third world war, the Deputy Secretary of the Security Council of the Russian Federation, Alexander Venediktov, warned on Thursday. In an interview with the Russian state-owned news agency Tass, Venediktov said that NATO itself is fully aware of the consequences …
LOS ANGELES (CNS) — Los Angeles County’s guaranteed basic income program is underway, with 1,000 residents now receiving $1,000 a month for the next three years, officials said Tuesday. The recipients were chosen randomly from more than 180,000 people who applied …
We're hearing more talk of recession, but have you have heard one pundit mention there's no dry powder? The biggest economic risk and you yet no one discusses it. RAMPANT BUFFOONERY. Hardest landing is GUARANTEED. pic.twitter.com/xTSIXrv5gD — Mac10 (@SuburbanDrone) May …
by Not_FinancialAdvice Liquidity is drying up — Financelot (@FinanceLancelot) May 26, 2022 I’m kind of a fan of amusing alternative maybe-leading indicators. Before this one, the most amusing was the “Fluffy Puppy” indicator, which was flashing red a short time ago …
by allthenine https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_ibuy.htm Why would I not max this out? I understand that I-bonds exist to simply keep up with inflation and if the S&P moons I have missed out, but this kind of no risk return is not something …
Residents of other countries around the world: you should probably go check if your gov is trying to sneak in a basic income (i.e., digital-based-and-enforced TYRANNY) https://www.parl.ca/legisinfo/en/bill/44-1/s-233 h/t Herbert Snuggles
https://twitter.com/mazemoore/status/1496868784283566082 That didn’t age well…. — Nou Yang (@jaaymun14) February 26, 2022 h/t dr0id
https://www.thedp.com/article/2022/02/philadelphia-income-experiment-cash-payments Philadelphia will begin distributing cash payments to selected low-income individuals as part of a guaranteed income experiment. As part of the initiative — in an effort to increase economic mobility — up to 60 people in need will receive …
by Martin Armstrong California Governor Nuisance Newsom would like to pass Assembly Bill 1400, “Guaranteed Health Care for All,” as the nation’s first single-payer health care system. Unfortunately, this does not equate to free health care. The Tax Foundation estimates …
Starting Friday, Los Angeles residents will be able to apply for a chance to receive $1,000 monthly payments as part of a 12-month pilot guaranteed income program. The program, dubbed BIG:LEAP, will provide more than 3,200 people with the unconditional …
https://www.youtube.com/watch?v=y35TDyxa9Qs Lee Camp looks into the progressive policies recently introduced into Congress by squad member Ilhan Omar.
U.S. Rep. Ilhan Omar introduced two guaranteed income bills on Friday, aimed at sending $1,200 monthly checks to most Americans before the end of the decade, according to reports. The SUPPORT Act would fund current local guaranteed income pilot programs …
In Ca. they are giving 500-1,000 per month. Has anybody looked at the rental costs in Ca.? It will give you a burger, not a place to live. AC
SACRAMENTO, Calif. — California lawmakers on Thursday approved the first state-funded guaranteed income plan in the U.S., $35 million for monthly cash payments to qualifying pregnant people and young adults who recently left foster care with no restrictions on how …
Federal Reserve Balance Sheet vs U.S. Home Prices pic.twitter.com/y70MPWt8IP — Not Jim Cramer (@Not_Jim_Cramer) June 23, 2021 US 30yr yield less the core CPI is in territory not seen since the late 1970s.https://t.co/9RW7suMWpf pic.twitter.com/suE8f4V5Zi — Adam Tooze (@adam_tooze) June 22, …
Andrew Lee interviewed by Sean on SGTreport Andrew Lee the President and CEO of Phoenix Gold joins me to discuss the destruction of our currency, skyrocketing commodities and consumer prices, and his company’s mining projects in Nevada and Canada. Always do your own …
via Mises Institute: In most countries, numerous government welfare programs provide benefits (often means-tested) to eligible recipients. Whether these payments arise from unemployment compensation, child tax credits, old age pensions, or a myriad of other programs, the outcome is the …
by Michael Snyder Federal workers need to be prepared for more pain. If President Trump and Congress cannot make a deal, there will probably be another very painful government shutdown in just a couple of weeks. Even though he agreed …
by confoundedinterest17 Jaoan once again joins Switzerland as having the world’s only negative 10-year sovereign yield. And Japan has a curiouly flat (and negative) yield curve at tenors less than 15 years whle the US sovereign yield curve is lumpy between …
In your opinion, will central banks continue their QUANTITATIVE TIGHTENING policy? If we understand the current function of central banks, we can analyze their actions and thereby determine future events. If they change course, so will the events. We have …
Doug Ford cancels Ontario’s Guaranteed Income program (Link to article below) https://business.financialpost.com/op…