Thanks to FOIA requests, we now know the 2008-2010 bank bailout didn't cost us $5 trillion, as we've been told. The real number is closer to $29 TRILLION, and it didn't just go to American banks. Gee, I wonder why …
by confoundedinterest17 The Federal Reserve Open Market Committee meeting should have a Lawrence Welk bubble machine operating, particularly for their announcements. When we look at the Buffett Indicator, we can see how The Federal Reserve’s loose monetary policies (or follycies) …
Christine Fife was “speechless with joy” when she won her foreclosure case in January 2020, she recalled, believing her decade under threat of foreclosure in her Upper West Side condo was finally over. Now, though, Fife is once again facing …
Food and Shelter. Thanks Fed! https://t.co/GEc3wmyGkl — Paranoid Bull (@paranoidbull) January 1, 2022 Venezuelan bolivar -320% vs USD in 2021Cuban peso -95% Turkish lira -44%Argentina peso -18% via Bloomberg "Printing money for the people, not for banks" is working beautifully… …
by confoundedinterest17 Inflation-adjusted return of Treasuries fell to lowest since the 1980s. For bond investors, this is their version of Kevin’s Famous Chili from The Office! Or The Fed’s Famous Chili! (Bloomberg) — Treasury investors are losing more money than they have in …
Biden says people have more money than before the pandemic "even after accounting for inflation," and attributes it to vaccines. pic.twitter.com/6nx5afGERW — The Post Millennial (@TPostMillennial) November 22, 2021 STOP HECTORING US, MSM: NBC Thanksgiving Suggestions to Cope With Joe Biden …
This is the greatest correction in the history of journalism! Thanks @washingtonpost pic.twitter.com/TlUrcRDc52 — Donald Trump Jr. (@DonaldJTrumpJr) October 24, 2021
by confoundedinterest17 This is the Steve Urkel economy where The Federal Reserve and Federal government screw everything up with their policies (or follicies) and say “Whoops! Did I do that?” (Bloomberg) — U.S. consumer sentiment rose slightly in early September but remained …
An Air Force veteran who owns three upstate New York properties has been forced to live in her car because her tenants have refused to pay rent thanks to the eviction moratorium. Brandie LaCasse told CBS News that she has been living at …
by confoundedinterest17 Simply unaffordable is what singer Robert Palmer would say. Homes, that is. Mortgage applications increased 2.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 6, …
By the end of the week, we are on track to hit at least $6.6 trillion in spending — all thanks to Biden’s tax-and-spend spree. It must end. pic.twitter.com/2MaS29LodS — Sen. Marsha Blackburn (@MarshaBlackburn) August 9, 2021 Courtesy of the …
According to federal data, the average American’s wage is on the decline due to inflation. The Bureau of Labor Statistics found that “average hourly earnings” in the United States rose from $29.35 in June 2020 to $30.40 in June 2021 …
Thanks to Prop 47 thefts under $950 will not be prosecuted, so cops will not bother showing up. Just a reminder that you get what you voted for, California! pic.twitter.com/jWUPdJzy0A — Adam Carolla (@adamcarolla) July 20, 2021 So why would …
BY JOHN RUBINO Larry Fink, CEO of BlackRock, the world’s biggest investment company, just went on CNBC to commiserate with today’s savers. You may need to work longer, ramp up investment risk to afford retirement, BlackRock CEO Fink says “Unquestionably, as …
https://conservativebrief.com/biden-showdown-44801/ There is a showdown in the Joe Biden White House with Biden firing the head of the Social Security department and him refusing to leave. On Friday Biden fired Social Security Commissioner Andrew Saul after an ongoing dispute over how …
So common sense is gone. I’m all for gay rights but only women belong in women’s sports. https://www.nzherald.co.nz/sport/tokyo-olympics-kiwi-weightlifter-laurel-hubbard-to-become-first-transgender-athlete-to-compete-at-the-games/DM7ZUGW3HQ2IDL6O7OSAXT3YJU/ Tokyo Olympics: Kiwi weightlifter Laurel Hubbard to become first transgender athlete to compete at the Games Kiwi weightlifter Laurel Hubbard will make …
Fed official sees first interest rate hike next year, not in 2023, thanks to inflation St. Louis Federal Reserve Bank President James Bullard sent markets tumbling on Friday when he predicted an interest rate hike in late 2022, earlier than …
Via Birch Gold For this year, Social Security recipients received a 1.3% cost of living adjustment (COLA). Not much, once you consider the economic chaos that happened in 2020. Of course, the COLA is not meant to account for a previous year’s …
Our border is wide open thanks to the Biden administration’s failed policies. @BPUnion tells me that finishing the wall is critical to securing our border. This organization is on the frontline every day keeping us safe, and I couldn’t be …
It’s been a hell of a year for global supply chains. First, a big ship got stuck in the Suez Canal; then prices for commodities such as lumber surged as a result of the demand for new housing; and then …
Bloomberg: Your paycheck is now worth 3.1 percent less than last year thanks to Biden’s inflation tax pic.twitter.com/coxeAFZi7O — Tom Elliott (@tomselliott) May 28, 2021 NOTHING BUT RED INK AS FAR AS THE EYE CAN SEE: That’s Hans Bader’s assessment of Biden’s …
Taking to the road over Memorial Day weekend? Experts say gas prices will be around $3.00 per gallon – the highest since the 2014 holiday weekend, according to AAA. According to the United States Energy Information Administration (EIA), the average gas price across the …
They dont even get the sarcasm anymore. All the thumbs up they are giving them hahaha. h/t Zcat
by confoundedinterest17 To quote Bob Dylan and Rick Danko, “This Wheel’s On Fire!” The Atlanta Fed’s GDPNow Q1 GDP forecast rose to 8.321% QoQ as of April 16. Of course, The Fed is printing like crazy. Retail sales (pent-up demand and Biden …
Giving thanks to Powell. https://t.co/z4OAYdf65q — Danielle DiMartino Booth (@DiMartinoBooth) April 5, 2021 https://twitter.com/SmellsBadInHere/status/1379074190616199169 ISM Services hot as hell pic.twitter.com/FALc3LRqTx — Claire, aka Midwestern Hedgie 🏳️⚧️ (@MidwestHedgie) April 5, 2021 https://twitter.com/TommyThornton/status/1379444945338130433 Sideways is the new down. — John Tuld (@BradHuston) …
https://twitter.com/Breaking911/status/1379173103067095045
by confoundedinterest17 The Buffett Indicator is a ratio used by investors to gauge whether the market is undervalued, fair valued, or overvalued. The ratio is measured by dividing the collective value of a country’s stock market by the nation’s GDP. There …
