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Business/Economy (Bloggers & Personal)

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  • USAA Scorns Its Trump-Voting Members By Debanking The Lawyer Who Defended Him

    04/27/2024 3:14:33 AM PDT · by iontheball · 19 replies
    The Federalist ^ | April 25, 2024 | Chuck Devore
    Now John Eastman, one of the attorneys who worked with former President Donald Trump, has been debanked by both Bank of America and USAA. That USAA debanked Eastman for his ties to the 2020 election contest comes as a surprise. USAA — now an insurance, financial services, and banking powerhouse headquartered in San Antonio, Texas — got its start in 1922 as a mutual self-insurance company for Army officers. Its clientele is mostly service members, veterans, and their families, with membership limited to those who can show a military tie. That means that, per a 2019 Pew Research poll, its...
  • News Summary-Intelligence Report 4/26/2024 Newdump Friday*Philly Bank Fails*Canadian Province Makes Public Drug Use A Crime Again*Chinese Foreign Minister Warns US Not To "Cross Red Lines"

    04/26/2024 8:09:50 PM PDT · by Nextrush
    Nextrush Free ^ | 4/26/2024 | Nextrush/Self
    Hamas saying it received Israel's reply to its proposal for a ceasefire in Gaza... A bank in Philadelphia has failed... At least 70 dead in flooding in Kenya... Widespread air raid alerts across Ukraine...Intelligence sources speak of large scale Russian missile attacks in Central and Western Ukraine... Tornadoes impacting the Omaha area this afternoon and evening... An attack on a merchant vessel off the coast of Yemen...Two of the missiles causing damage... The Western Canadian province of British Columbia recriminalizing drug use in public areas... The Russian military in Syria saying that aerospace forces attacked two jihadist bases... A Romanian...
  • Bidenomics Warning! Fed’s Favorite Inflation Indicator Prints Hotter-Than-Expected As Savings Rate Plunges (Govt Wages Rose To 8.5% YoY, Private Sector Wages Up 5.5% YoY)

    04/26/2024 7:06:52 AM PDT · by Kaiser8408a · 11 replies
    Confounded Interest ^ | 04/26/2024 | Anthony B. Sanders
    Today’s economic news highlights “Government Power.” Unproductive government jobs saw wages rise 8.5% YoY while productive private sector jobs saw wages rise by only 5.5% YoY. This is Bidenomics!!! With inflation data surprising to the upside recently… Source: Bloomberg …the doves’ last chance for sooner than later rate-cuts is today’s Core PCE Deflator – often described as The Fed’s favorite inflation signal. Last month saw an uptick in the headline deflator and following yesterday’s core PCE rise for Q1, all eyes are on the March data released this morning. However, both the headline and core PCE Deflator data printed hotter...
  • The Green Slime! Ford Lost $132,000 On Every Electric Vehicle Sold In Q1 (Hertz Ups Sales Of EVs To 30,000 As China Dumps US Treasuries)

    04/26/2024 6:23:33 AM PDT · by Kaiser8408a · 23 replies
    Confounded Interest ^ | 04/26/2024 | Anthony B. Sanders
    The Green Slime! The global movement towards Green Energy (or global Marxist movement) is really The Green Slime! Or maybe it should be renamed “The Red Slime.” Ford lost $132,000 on every electric vehicles they sold in Q1. It was so bad that even CNN reported it! And then we have Hertz dumping its inventory of EVs. A slew of used Teslas have hit the Hertz car sales website after the company announced Thursday it planned to sell off 10,000 more electric vehicles from its fleet than originally planned, bringing the fire sale’s total to 30,000. Perhaps one of the...
  • String of viral moments may signal mood swing in likely Trump-Biden rematch

    04/26/2024 5:26:02 AM PDT · by Red Badger · 12 replies
    Just The News ^ | April 25, 2024 11:02pm | Ben Whedon
    A string of potentially defining exchanges have gone viral in recent weeks, potentially capturing a major shift in mood as the nation appears headed for a Trump-Biden rematch in November. Past presidential elections have often seen public sentiment shift in response to a major ad campaign, a change of position from a major candidate, unexpected developments abroad, or an economic downturn, but sometimes small moments can prove pivotal. President George H. W. Bush in 1992, famously checked his watch during a presidential debate against Bill Clinton and Ross Perot. Commenters said that "glancing at the wrist watch in a debate...
  • News Summary-Intelligence Report 4/25/2024 Newsdump Thursday*Lackluster GDP Growth In US*Kim Kardashian Reprises Trump Role With Kamala Harris*Harvey Weinstein Rape Conviction Overturned*

    04/25/2024 9:23:04 PM PDT · by Nextrush
    Nextrush Free ^ | 4/25/2024 | Nextrush/Self
    In Ireland six protesters arrested by police as they demonstrated against a housing site for migrants... At least 155 dead with 200,000 people forced from their homes in Tanzania due to flooding... In the midst of all the protests in support of Palestinians on university campuses the University of Southern California opting to cancel its main graduation ceremony... At the White House today Vice-President Kamala Harris hosting reality TV star Kim Kardashian to discuss criminal justice reform... Two US Marines died in on-duty accidents in the last week... The US military beginning construction of a temporary humanitarian relief pier off...
  • Traders Now Pricing In One Rate Cut This Year, But Not Until The End Of 2024, After The Election (Home Prices UP 32.5% Under Biden, Mortgage Rates UP 160%)

    04/25/2024 9:03:31 AM PDT · by Kaiser8408a · 14 replies
    Confounded Interest ^ | 04/25/2024 | Anthony B. Sanders
    The Federal Reserve is playing the song “Don’t rock the boat” ahead of the Presidential election. Despite the horrible economic news. 1) 4 months of hotter inflation (like today’s stagflationary GDP report) 2) Nearly 1.5 million full-time jobs decline with 1.9 part-time jobs created over a year 3) $2 trillion annual deficits Leading traders to price in 1 rate cut in December 2024. AFTER THE PRESIDENTIAL ELECTION! Under Biden, home prices are up 32.5% and conforming 30Y mortgage rates are UP 160%. One of my colleagues at George Mason University in finance (an economics PhD) constantly quoted Lenin’s famous “You...
  • Stagflation Alert? Bidenomics Is REALLY COVID-Related Spending (Q1 Real GDP Was 2.97% YoY, 1.6% QoQ While The Federal Government Spending Was 4.21% YoY, Core PCE Price Index Rose 3.7%!)

    04/25/2024 6:51:37 AM PDT · by Kaiser8408a
    Confounded Interest ^ | 04/25/2024 | Anthony B. Sanders
    COVID was a gift to Biden. The furious Federal spending of Q2 2020 through Q1 2021 helped keep GDP growth above recession levels. Ignore Biden’s demented rants/lies about cutting the debt in half. Biden has claimed he cut the $34+ trillion national debt by $7 billion, $1.4 trillion, $1.7 billion, $1.7 trillion, and “in half,” depending on the day he rants. He did no such thing. He is confused and is talking about the BUDGET DEFICIT (don’t look to Snopes to fact check “Trucker Joe”, they really only fact check Trump). Not surprisingly, the Federal deficit spiked with the Covid...
  • A Message from The Gateway Pundit Founder Jim Hoft

    04/24/2024 2:00:19 PM PDT · by Macho MAGA Man · 1 replies
    The Gateway Pundit ^ | April 24, 2024 | Jim Hoft
    April 24, 2024 A message from our Founder: TGP Communications, the parent company of The Gateway Pundit, recently made the decision to seek protection under Chapter 11 of the United States Bankruptcy Code in the Southern District of Florida as a result of the progressive liberal lawfare attacks against our media outlet. This is not an admission of fault or culpability. This is a common tool for reorganization and to consolidate litigation when attacks are coming from all sides. It allows TGP to consolidate this lawfare in one court for ultimate resolution. Despite the radical left’s efforts to silence The...
  • “Just Give Him a Straight Left” – Unhinged, Angry Joe Biden Says He Would Punch President Trump if He Had the Opportunity (VIDEO)

    04/24/2024 1:14:21 PM PDT · by Macho MAGA Man · 61 replies
    The Gateway Pundit ^ | April 24, 2024 | Cristina Laila
    Joe Biden on Wednesday delivered remarks at North America’s Building Trade Union National Legislative Conference in Washington DC. The group endorsed Biden’s reelection. Biden delivered a disastrous speech on Wednesday. He read the teleprompter instructions as he tried to drum up enthusiasm: “Four more years? Pause?” At one point he suggested punching President Trump. “Think of the guys you grew up with you’d like to get into the corner and just give him a straight left,” Biden said of Trump as the crowd laughed. He quickly tried to walk back his call for violence against Trump with sarcasm: “I’m not...
  • 10 GOP Senators Flip-Flop to Support Ukraine Aid

    04/24/2024 9:50:34 AM PDT · by Red Badger · 29 replies
    Daily Signal ^ | April 23, 2024 | Rob Bluey
    Two months ago, a majority of Republicans opposed the $95 billion foreign aid bill when it came to the Senate floor for a vote. Ten of those senators flipped Tuesday. The measure passed by an overwhelming 79-18 margin, sending the bill to President Joe Biden for his signature. It wasn’t long ago that Senate Minority Leader Mitch McConnell, R-Ky., found himself among the minority of Republican senators who supported the foreign aid bill. In February, there were 22 GOP senators in favor and 26 opposed, while one Republican senator didn’t vote. It was a different story Tuesday. This time, 31...
  • Vanity: MSNBC Guest Economist - First Time in History Young People Doing Worse than their Parents

    04/24/2024 9:20:10 AM PDT · by TigerClaws · 38 replies
    Video at link. (Posted as Vanity so the citizen reporters here can use it as a story. Bidenomics!) Morning Joe @Morning_Joe .@profgalloway : "For the first time in our nation's history, a 30-year-old... isn't doing as well their parents were at 30. People are opting out of America... because, frankly, they're pissed off. They see exceptional wealth across my generation—and they're really struggling."
  • NEED A HANKY? Taylor Lorenz Ugly Cries Over Neutral Meta Policy Because It Affects Lefties Too

    04/24/2024 7:09:34 AM PDT · by JV3MRC · 8 replies
    NewsBusters ^ | 4/24/2024 | Joseph Vazquez
    The Washington Post’s in-house cry-bully Taylor Lorenz apparently only seems to care about Big Tech when its policies affect leftists’ ability to spread their off-the-rails agitprop all over the social media landscape. Meta announced Feb. 9 that it would be limiting all political content recommended writ large to its user bases on Instagram and Threads. This apparently struck a nerve with Lorenz, who jumped on the news with a Feb. 10 piece of her own lambasting the move as “angering some news creators” who were “gearing up for a crucial election year.” Talk about projection. Lorenz is apparently still miffed,...
  • Durables Goods New Orders Actually Declined -2.2% YoY, Biggest YoY Drop Since COVID Lockdowns (Biden Considering Declaring A National Climate Emergency)

    04/24/2024 7:07:28 AM PDT · by Kaiser8408a · 4 replies
    Confounded Interest ^ | 04/24/2024 | Anthony B. Sanders
    Manufacturer’s Durable Goods New Orders growth peaked in April 2021, thanks in part to M2 Money Growth peaking in February 2021. And its been all downhill since then. Preliminary March data showed a slightly better than expected 2.6% MoM rise (2.5% exp) in the headline orders print. However, thanks to the downward revisions, Durable goods orders are now down 2.2% YoY… the biggest YoY drop since the COVID lockdowns… Source: Bloomberg This is the 8th downward revision of durable goods orders in the last year… Source: Bloomberg Under the hood, defense and non-defense capital goods orders rose with non-defense aircraft...
  • Biden Pushes Debunked Claim Trump Told Americans to Inject Themselves With Bleach, Here’s the Truth

    04/23/2024 12:58:23 PM PDT · by Red Badger · 12 replies
    PJ Media ^ | APRIL 23, 2024 | MATT MARGOLIS
    Four years ago, the media birthed one of the biggest fictions that it pushed during the COVID-19 pandemic: that Donald Trump told Americans to inject themselves with bleach. He did no such thing, but the desperate Biden campaign wants you to think so. Biden-Harris HQ @BidenHQ Four years ago today, Trump told Americans to inject bleach on national television The false claim originated from the White House Coronavirus Task Force Briefing on April 23, 2020. During the briefing, Trump and others discussed possible COVID-19 treatments, including UV light treatments. The portion of the quote featured in the video from Biden's...
  • WHAT A SNAKE: Mike Johnson Will Fundraise for Horrible RINO Tony Gonzales Two Days After He Accused Top Trump Supporters of Being KKK, Molesters (Matt Gaetz) and Neo-Nazis on CNN

    04/22/2024 5:02:30 PM PDT · by Macho MAGA Man · 52 replies
    Gateway Pundit ^ | April 22, 2024 | Jim Hoft
    Appearing on CNN’s ‘State of the Union’ with host Dana Bash, Gonzales discussed the recent passage of the multi-billion foreign aid package and the possibility that Speaker of the House Mike Johnson may be removed from office. Rather than taking a diplomatic tone in favor of party unity, the Texas Congressman unloaded on Reps. Matt Gaetz (R-FL) and Bob Good (R-VI), making various spurious allegations about their political and private lives. Here is a transcript of the exchange: BASH: So, you voted yes on the foreign aid package. Do you have confidence that at this point, given that it is...
  • Supreme Court will take up the legal fight over ghost guns, firearms without serial numbers

    04/22/2024 8:17:47 AM PDT · by Red Badger · 27 replies
    Associated Press ^ | April 22, 2024 | MARK SHERMAN
    WASHINGTON (AP) — The Supreme Court agreed on Monday to take up a Biden administration appeal over the regulation of difficult-to-trace ghost guns that had been struck down by lower courts. The justices by a 5-4 vote had previously intervened to keep the regulation in effect during the legal fight. Ghost guns, which lack serial numbers, have been turning up at crime scenes with increasing regularity. The regulation, which took effect in 2022, changed the definition of a firearm under federal law to include unfinished parts, like the frame of a handgun or the receiver of a long gun, so...
  • France Yellow Vests Week 284: Olympic Opening Ceremony Subject To Security Situation*Left Leader Denounces 'Banana Republic' Following Speaking Ban*Iranian Consulate Incident*The Protest Today

    04/20/2024 8:12:17 PM PDT · by Nextrush
    Nextrush Free ^ | 4/20/2024 | Nextrush/Self
    Plans for the 2024 Paris Olympics 100 years after Paris Olympics of 1924 involved an elaborate opening ceremony along the Seine River but now security concerns and fear of terrorism are putting those plans into question... This week National Rally leaders Jordan Bardella and Marine Le Pen in the National Assembly saying defeat for the government in the European Parliament elections on June 9th should lead to dissolution of the Assembly and new elections in France... This week the leader of France's main Leftist party (LFI) Jean-Luc Melenchon was banned from speaking in a room at the University of Lille......
  • URGENT Stock Market Warning Signs

    04/20/2024 7:23:26 AM PDT · by PJ-Comix · 39 replies
    YouTube: WolvesandFinance ^ | April 19, 2024 | Zach De Gregorio
    April 2024 has been a horrible month for the stock market. This Friday I will be doing a live stream and explaining what is happening. I will be discussing some leading economic indicators that no one else has been talking about that suggest trouble for the economy ahead.VIDEO
  • Di Leo: A Day in the Life of a Customer

    04/19/2024 9:02:31 PM PDT · by jfd1776 · 4 replies
    American Free News Network ^ | April 19, AD 2024 | John F. Di Leo
    Like many of you, I both attend and lead many a presentation. Some are sales-focused, some are just project updates; some are intended to be educational. One of the more disturbing things I’ve noticed throughout my career has been how political points creep into such presentations. Sometimes it’s formal – “this is the company-mandated slide on diversity hiring.” Sometimes it’s more subtle – “Here are some interesting statistics about our business: so many sites, so many employees, so many solar panels” – and so forth. I’ll share two recent ones. One of my vendors now includes a slide showing a...