Kea Wilson highlights key points of some of the amendments proposed for the revised infrastructure bill, including a proposal to supplement or replace the gas tax as more Americans purchase electric vehicles. “One option that’s gained bipartisan interest in recent …
by confoundedinterest17 Well, the US Senate “Bipartisan” infrastructure bill will likely pass very shortly. And it is EXPENSIVE ($1 trillion +), sort of like the twin asteroids in the film “Deep Impact” where the larger meteor, the $3.5 trillion budget …
A group of bipartisan senators on Wednesday reached an agreement on the $1.2 trillion hard infrastructure bill after Republicans stalled the measure last week. Bipartisan = the American people are getting screwed Senate Majority Leader Chuck Schumer said the senate …
Biden: Our multi trillion dollar spending bills “will reduce inflation, reduce inflation, reduce inflation" pic.twitter.com/NcKVVaBxxZ — Tom Elliott (@tomselliott) July 22, 2021 Related: Inflation under the Biden admin is even worse than you thought… h/t dr0id
(Bloomberg) — For two decades Chinese tech firms have flocked to the U.S. stock market, drawn by a friendly regulatory environment and a vast pool of capital eager to invest in one of the world’s fastest-growing economies. Now, the juggernaut …
https://www.youtube.com/watch?v=Xdacx71dL5A&t=117s
Months after the Biden Administration and its Congressional allies leaked the first details of President Biden’s massive two-part “Build Back Better” infrastructure plan, Chuck Schumer, the Democrats’ leader in the Senate, just announced that Democrats have united behind a $3.5 …
It ain’t over till it’s over. The Federal Reserve may be exploring ways to eventually reduce its large-scale asset purchases, but its influence on financial markets and the economy will be felt for years to come. The Fed’s hulking balance …
https://www.breitbart.com/economy/2021/07/12/democrat-infighting-ensues-over-2-4-trillion-tax-increases-within-trojan-horse-infrastructure-package/ Congressional Democrats are infighting this week over Sen. Bernie Sander’s (I-VT) reported desire to levy $2.4 trillion in taxes within the trojan horse “infrastructure” package. “They’re all trying to figure out what the bottom line is,” said a source …
by Charles Hugh-Smith As I often note here, when you push the pendulum to an extreme of wealth and income inequality, it will swing to the opposite extreme minus a tiny bit of friction. The depth of America’s indoctrination can …
Senate Republican Leader Mitch McConnell says that the Democrats’ forthcoming budget reconciliation bill would again give the U.S. the “highest corporate tax rate in the world” and raise taxes by about $3.2 trillion. McConnell said the 2017 GOP tax reform …
by confoundedinterest17 Release the Kraken! The People’s Bank Of China announced it is cutting its Required Reserve Ratio by 0.5% for most banks, a move that will unleash about 1 trillion yuan ($154BN) of long-term liquidity into the economy and will be effective July 15. …
by David Haggith While the Fed’s current tightening is not exactly a well-kept secret, stock and bond markets seem willing to ignore what the Fed’s left hand is taking away as the right hand is giving. Reverse repurchase agreements, which I …
Greg Hunter gives The Weekly News Wrap-Up for Friday, July 2, 2021 Delta Biden, VAERS Lie People Die, Spending $1 Trillion a Night This past week, the Fed spent nearly $1 trillion in one night in the reverse repo market. The Fed …
The federal deficit will hit $3 trillion in 2021 for the second consecutive year, primarily because of the national spending blitz in response to the coronavirus pandemic, the Congressional Budget Office said Thursday. The deficit represents a slight decrease from …
https://youtu.be/NTpEvF_xy2k https://twitter.com/Atlas_News_/status/1410613455753605125?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1410613455753605125%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcitizenfreepress.com%2Fbreaking%2F5-trillion-dollars-down-the-drain%2F https://citizenfreepress.com/breaking/5-trillion-dollars-down-the-drain/
By Matthew Piepenburg June 28th has come and gone, which means the much-anticipated Basel III “macro prudential regulation” to make so-called “safe” banks “safer” has officially kicked off in the European Union (as it will on July 1 for U.S. banks and …
https://www.bloomberg.com/news/articles/2021-06-22/microsoft-rallies-to-join-apple-in-exclusive-2-trillion-club Microsoft Corp. took its place in the history books as just the second U.S. public company to reach a $2 trillion market value, buoyed by bets its dominance in cloud computing and enterprise software will expand further in a …
via Ed Driscoll: Biden’s $6 Trillion Blowout Budget Proposal Would Have Three Embarrassingly Bad Results, Study Finds. Not least of which: Deutsche Bank Issues a Terrifying Warning for America Under Biden. “The authors warned that ‘neglecting inflation leaves global economies sitting on a …
https://twitter.com/NorthmanTrader/status/1404486221221478401 https://twitter.com/NorthmanTrader/status/1404476734431453189 https://twitter.com/MFHoz/status/1404491291417796612 59 COUNTERPARTIES TAKE $583.9B AT FED'S FIXED-RATE REVERSE REPO — zerohedge (@zerohedge) June 14, 2021 pic.twitter.com/N4WnDTbYIX — conspiracybot (@conspiracyb0t) June 14, 2021 FOMC Preview: "It's Like The Titanic Running At Full Speed. In Fog. At Night" https://t.co/DW360de33k …
By Egon von Greyerz The coming 5-10 years are likely to see asset prices decline by at least 90% in real terms. Yes stocks, bonds and property prices will in coming years collapse. But that’s not enough, the whole structure of …
President Joe Biden will announce during talks with world leaders at the G7 summit on Saturday a global $40 trillion infrastructure plan to “Build Back Better for the World.” During their meeting, World leaders at the G7 summit plan to …
Homeowners got $2 trillion richer during the first three months of the year Homeowners with mortgages saw their equity jump by 20% in the first quarter from a year earlier. This represents a collective cash gain of close to $2 …
President Joe Biden‘s plan for a $6 trillion spending spree could risk overheating a US economy that is already rebounding from the COVID-19 pandemic and send inflation spiraling out of control. Biden has announced three major tax and spending proposals that he argues …
While the mainstream financial media talks about tapering QE because of the hundreds of billions in cash parked by US banks at the Fed’s reverse repo facility, this is a total misdirection from the real problem. How the Biden administration …
Donald Trump demanded China pay ten trillion dollars for the ‘death and destruction they have caused’ He said Dr Anthony Fauci’s emails showed he had been right all along about deadly coronavirus leaking from Wuhan laboratory He also claimed to have …
by Arkadiusz Sieron, PhD Biden proposes $6 trillion of government spending in the 2022 fiscal year. This continuation of ultra-loose fiscal policy could support gold in the long run. On Friday (May 28), the White House presented the President’s budget for …
https://www.bitchute.com/video/mUYSJk2WGfEF/
by Michael Snyder If you are enjoying the ride on the highway to hyperinflation, then you are going to absolutely love Joe Biden’s new budget. Instead of realizing the mistakes that he has made and reversing course, Biden has decided …
https://twitter.com/NorthmanTrader/status/1395378956128358401 https://twitter.com/Keubiko/status/1395378357332811782 Amazing people still believe these bullshit pumps https://t.co/UgW2Top6rd — TC (@TESLAcharts) May 20, 2021