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JPMorgan Chase (JPM) CEO Jamie Dimon is concerned the US economy could be in for a repeat of the problems that hampered the country during the 1970s. "Yes, I think there’s a chance that can happen again," he said during an appearance Tuesday at the Economic Club of New York. The economy in that troubled decade was constrained by stagflation, a combination of low growth and high inflation, and Dimon said such a risk exists again. "I worry that it looks more like the seventies than we've seen before," he added during a question-and-answer session with Marie-Josee Kravis, chair of...

Secretary of State Antony Blinken decline Friday to say whether U.S. was warned in advance about the Israeli overnight attack on Iran. "I'm not going to speak to that except to say that the United States has not been involved in any offensive operations," Blinken said at a news conference during a gathering of G7 foreign ministers. "What we're focused on, what the G7 is focused on, and again, it's reflected in our statement, and in our conversation, is our work to de-escalate tensions, to de-escalate from any potential conflicts," Blinken added.

Tyler Robinson, a special advisor at the United States Small Business Administration (SBA), recently revealed to an O’Keefe Media Group undercover journalist the inner workings of the Biden Administration and who is really running the White House. Robinson says he reports to Arthur Plews, SBA Chief of Staff, who reports to SBA Administrator Isabel Casillas Guzman. He revealed that some refer to former Facebook board member and Biden Chief of Staff Jeff Zients as “the second most powerful person in Washington” and that “by getting Jeff’s sign off, you’re getting the President to sign off.” “Whatever this guy says, it’s...

FIRST ON FOX: A nonprofit legal organization filed a lawsuit against the Biden administration Wednesday, alleging it has deleted federal employees' emails in violation of existing statute.

BREAKING: O’Keefe Media Uncovers who is really running the White House. Undercover cameras catch Special Advisor @SBAgov “the second most powerful person in Washington” where “whatever this guy says, it’s what the President says.” Asked by OMG’s American Swiper Citizen Journalist “is Jeff [Zeints] more powerful than Kamala,” Robinson confirms “Yeah.” @VP @KamalaHarris . Robinson also states that @BarackObama and @HillaryClinton are still involved behind the scenes at the White House. Tyler Robinson, Special Advisor to the Chief of Staff of Administrator @SBAIsabel Guzman, details how @WhiteHouse directs @SBAIsabel Guzman to campaign for @POTUS so constantly that “[Guzman] is the...

An advocacy group based in Northeastern Mexico that lobbies U.S. lawmakers has distributed and posted flyers encouraging illegal immigrants to vote for President Joe Biden in the 2024 election, according to The Heritage Foundation’s Oversight Project. Translated from Spanish, the Oversight Project notes, the flyers posted by the organization Resource Center Matamoros say: “Reminder to vote for President Biden when you are in the United States. We need another four years of his term to stay open.” (The Daily Signal is Heritage’s news and commentary outlet.)

Flyers instructing illegal immigrants to vote for Joe Biden in the forthcoming U.S. election have been reportedly distributed at a non-governmental organization (NGO) in Mexico, according to an investigation by The Oversight Project, a watchdog initiative linked to the Heritage Foundation. The controversial flyers were discovered scattered around the Resource Center Matamoras (RCM), an establishment known for aiding migrants. Some of these were even found on the walls inside port-a-potties at the location. These flyers were discovered by @realmuckraker throughout the Resource Center Matamoras (RCM) location including on the walls of port-a-potties They also appear to be handed out when...

KEY TAKEAWAYS The European Commission wants to hand Ukraine $300 billion seized from Russia. Doing so likely would sound the death knell for the dollar and eventually the euro. The message from the EU and the Biden administration is crystal clear: Western financial markets are now a dangerous place to park your money. The talk of seizing foreigners’ assets is exposing these dollar-denominated loans as less than safe. Indeed, they’re more of a liability. Confidence in Western financial markets has already been shaken enough by the 20% devaluation of the dollar over the last few years. But now the European...

Energy prices, particularly the cost of electricity, have skyrocketed since President Biden took office, outpacing inflation and putting a dent in Americans’ wallets. Since January 2021, electricity prices have soared 29.4% — 50% more than overall inflation — rising 13 times faster than the previous seven years, according to a Wall Street Journal analysis of Bureau of Labor Statistics data. Meanwhile, in those seven years before Biden took office, electricity prices rose just 5%. News of the astronomical increase in electricity came in the wake of March’s Consumer Price Index, which showed US inflation rose 3.5% in March. Wednesday’s data...

Hillary Clinton was among a string of famous guests who attended the White House state dinner for Japanese Prime Minister Fumio Kishida and his wife Yuko Kishida on Wednesday. The former U.S. Secretary of State was joined by her husband, former President Bill Clinton. For the event, Hillary fashioned a flowing purple and pink caftan. The fabric draped over the former Secretary of State with ease, featuring billowing sleeves and an ornately patterned design. Gold details were featured throughout the ensemble, blending the plum and pink hues together in seamless fashion. Hillary completed the look with pointed-toe shoes and accessorized...

When the economy is going well, people buy a lot on credit and keep current with their credit card debt. When the economy stinks, people still buy a lot on credit but fall behind in their payments. By that measurement, we're in a lot of trouble. The Federal Reserve Bank of Philadelphia published a study showing that the rate of credit card delinquencies — 30, 60, and 90 days past due — rose to a level not seen since 2012. And it gets worse. "Fourth quarter 2023 featured the worst card performance in the series," the report said. "All stages...

One of the worst kept secrets in Washington is no one actually knows just how much money the United States has spent in support of Ukraine. Over the past year, however, conservatives in Congress have been pushing President Joe Biden and his administration for the real number, and they’re finally getting some answers. In a letter sent to Office of Management and Budget Director Shalanda Young on Tuesday, Senator J.D. Vance of Ohio and Rep. Marjorie Taylor Greene of Georgia, along with Sens. Roger Marshall, Rand Paul, Mike Lee, and twelve other members of Congress, chronicled the immense difficulty Congress...

Funky cold Joe Biden is his reaction to inflation caused by his outragous spending. His legion of sycophants are now saying inflation is a good thing or don’t notice it. But Biden will never stop spending . Coming into today’s CPI number, which followed three previous red-hot inflation prints, we said that it’s time for a “miss” (the first of 2024) not because the data demands it – on the contrary, prices continue to rise at a frightening pace – but because a dovish CPI print today would be the last opportunity for the Fed to set a timetable for...

The former president has been making his presence increasingly felt in the cognitively impaired Joe Biden White House. (LifeSiteNews) — Former U.S. president Barack Obama once famously said that he would serve a third term as long as he didn’t have to do all the legwork. “If I could make an arrangement where I had a stand-in, a front man or front woman, and they had an earpiece in and I was just in my basement in my sweats … and then I could sort of deliver the lines, but somebody else was doing all the talking and ceremony, I’d...

Joe Biden’s massive electric vehicle (EV) agenda will subsidize the lifestyles of America’s well-to-do while hitting average people the hardest.... The Biden administration is aggressively regulating the U.S. auto market to drastically increase the proportion of EVs sold over the coming decade, but consumer demand has not taken off as quickly as proponents had projected despite the subsidies made available by Biden’s flagship climate bill, the Inflation Reduction Act (IRA). Manufacturers are slashing prices of their EVs to make the vehicles more appealing to consumers, which will increase prices for internal combustion engine (ICE) cars to compensate; this dynamic will...

President Biden has done more to address climate change than any of his predecessors. So far, voters don’t seem to care. The Biden campaign and a collection of progressive groups are trying to change that. They believe the president’s record on climate change can boost his popularity with young voters. The strategy is risky because climate has never been a priority with voters. A Journal poll, which surveyed voters in seven swing states in March, found that just 3% of 18-to-34-year-old voters named climate change as their top issue, with most citing the economy, inflation or immigration. That is roughly...

President Joe Biden will announce Monday that student debt held by ten million Americans will transfer to taxpayers, White House officials told reporters Monday. The plan to convey student loan debt to taxpayers is widely seen as a political move to gain electoral traction among young voters, who largely do not approve of Biden’s leadership. Taxpayers can expect to absorb about $5,000 for each of the ten million students, according to the plan Biden is set to tout in Wisconsin. Overall, Biden intends to cut the amount that 23 million students owe on their loans, placing the burden on taxpayers...

Hamas declared victory Sunday after Israel withdrew its ground forces from southern Gaza, partly in deference to President Joe Biden’s call for an “immediate ceasefire.” Israel now stands on the precipice of failure in the war. Israelis are asking, naturally, how this came to pass. The accidental killing of seven aid workers from the World Central Kitchen (WCK) was the trigger, and some Israelis wonder if they should have emphasized aid for Gaza sooner.

A new rule adopted by the Office of Personnel Management boosts protections for government employees, making it harder to fire them. The Biden administration has issued a new rule that makes it harder to fire government employees in an apparent bid to thwart former President Donald Trump’s pledge to fire “rogue bureaucrats” and radically reshape the federal workforce. The new rule, which bolsters job protections for career civil servants, was issued on April 4 by the U.S. Office of Personnel Management (OPM), which hinted in a statement that it’s targeting a promised move by a potential second Trump presidency to...

We are living in the USA where corruption, favoritism, open borders and an out-of-control Federal budget and debt are destroying this once great nation. Former Kansas City Fed President Thomas M. Hoenig was absolutely right when he said recently that The Federal Reserve panders to Wall Street, Congress and special interest groups, prioritizing immediate relief over financial stability. Bernanke’s zero-interest rate policies (ZIRP) and Quantitative Easing (QE) were short-term fixes that never went away. Indeed, since the subprime mortgage crisis of 2008-2009, US Dollar purchasing power is DOWN -32% and M2 Money is up a staggering 177%. While Yellen stuck...