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Business/Economy (Bloggers & Personal)

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  • Man's EV Takes Five Days to Charge [semi-satire]

    01/24/2023 10:01:57 AM PST · by John Semmens · 29 replies
    Semi-News/Semi-Satire ^ | 22 Jan 2023 | John Semmens
    The owner of a GMC Hummer EV SUV wanted to find out how long it would take to fully charge the vehicle. So he plugged it into an ordinary home electrical outlet. The $87,000 electric vehicle took five days to reach full capacity, which is said to provide up to 329 miles of travel before needing to refill. While a normal person might view this as a bit inconvenient, high-ranking members of the Biden Administration see a "silver lining." Secretary of Energy Jennifer Granholm pointed out that "an overlooked advantage of the difficulty charging an electric vehicle is it encourages...
  • NYSE says trading issue that led to dozens of stocks being halted has been resolved

    01/24/2023 9:37:32 AM PST · by srmanuel · 34 replies
    CNBC ^ | 01/24/23 | CNBC
    A couple of weeks ago, the FAA Air Traffic Control system issued a nationwide ground stop for the first time since 9/11, today the NYSE halted trading on dozens of stocks that experienced will trading ranges at market opening. Both "Computer Glitches" were attributed to technical issues and had nothing to do with computer hacking according to sources at both organizations. I don't believe in coincidences, in the matter of a couple of weeks two major US systems go offline is not something to take lightly, if another system like the major banking or financial systems go offline it will...
  • Winter Is Coming! Richmond Fed Outlook Declines To -11 As Philly Fed Outlook Down To -8.9 And NY Empire State Outlook Down To -32.9 (US 10Y-3M Yield Curve Inverts To -126.5 Basis Points)

    01/24/2023 8:49:11 AM PST · by Kaiser8408a
    Confounded Interest ^ | 01/24/2023 | Anthony B. Sanders
    Three regional Fed reports I like to watch are New York’s Empire State Outlook, Philly Fed’s Outlook and Richmond Fed’s outlook. Today, The Richmond Fed released their manufacturing outlook and … it declined to -11. So the big three are all down (Philly down to -8.9 while NY’s Empire State outlook is down to -32.9. On the Treasury front, the US 10Y-3M yield curve inverted further (a signal of impending recession) just tanked to -126.462 basis points. Winter is coming!
  • Debt-Limit Fight Risks Early End to Fed Quantitative Tightening (Fed Had Penciled In Shrinking Its Bond Portfolio Into 2024)

    01/24/2023 6:40:01 AM PST · by Kaiser8408a · 1 replies
    Confounded Interest ^ | 01/24/2023 | Anthony B. Sanders
    While the children in Congress and the Administration argue about cutting the Fedcral budget (as if there isn’t trillions of dollars of wasteful spending in the budget), we saw an ever dumber suggestion from Pramila Jayapal (WA-D), Adam (Shifty) Schiff (CA-D) and Sheila Jackson Lee (TX-D): a bill to eliminate the debt ceiling altogether to allow unlimited Federal spending. That reminds me of the Tom Arnold/Julie Ford film “The Stupids.” Yet these clowns keep getting re-elected. In any case, The Federal Reserve’s quantitative-tightening program risks being propelled toward an early end as US politicians bicker in Washington over raising the...
  • SMOKING GUN: Did Hunter Biden Receive Classified Information on Ukraine From Joe Biden – Then Email the Top-Secret Info to Business Partner Devon Archer?

    01/24/2023 5:40:49 AM PST · by Red Badger · 75 replies
    Gateway Pundit ^ | January 23, 2023 at 9:17pm | By Cristina Laila
    Smoking gun? Did Hunter Biden receive classified information from Joe Biden on Ukraine and then email the information to his business partner Devon Archer? Joe Biden stored top-secret files with the “sensitive compartmented information” (SCIF) designation at Penn Biden Center in DC (found on Nov. 2). Lawyers discovered more classified documents at Joe Biden’s Delaware home – in the garage next to his Corvette (found on Dec. 20). Additional documents stored in Biden’s library were discovered on January 12 and again on January 20. Hunter Biden had access to the garage where Biden stored some of the classified documents. Hunter...
  • News Summary-Intelligence Report Monday 1/23/2023 Plea Deal In Idaho Child Grab Trespass Case, Turkey Rebuffs Sweden NATO Membership Over Quran Burning, New Pension Reform Protest In Paris, Major Power Outage In Energy Strapped Pakistan

    01/23/2023 7:44:12 PM PST · by Nextrush · 16 replies
    Nextrush Free ^ | 1/23/2023 | Nextrush/Self
    In Idaho a plea deal in a case involving Libertarian activist Ammon Bundy. Bundy arrested last March at St. Luke's Hospital in Boise for trespassing when objected to the seizure of Baby Cyrus Anderson from his parents. The child later released to the custody of the parents and the case against them dropped... Meanwhile St. Luke's Hospital is taking Ammon Bundy to court in a civil case over his defense of child wrongfully taken to the hospital. Bundy believes that the hospital is: "trying to take everything I own"... Seven people shot and killed at two farms in Half Moon...
  • WATCH: Bongino Report’s Matt Palumbo Dissects ‘Implied Contract’ Between George Soros and Media

    01/23/2023 12:15:34 PM PST · by JV3MRC · 4 replies
    NewsBusters ^ | 1/23/2023 | Joseph Vazquez
    Bongino Report Content Manager Matt Palumbo peeled back “the layers” of leftist billionaire George Soros’ global political and media influence during a recent interview with The Epoch Times. Palumbo noted that his book —The Man Behind the Curtain: Inside The Secret Network of George Soros — includes a “list of publications that are linked to Soros.” Palumbo told The Epoch Times that Soros' well funded media empire gives him connections with some of the biggest names in journalism, which in turn allows him to be shielded him from serious journalistic scrutiny. In addition, Soros' influence encourages media figures to call...
  • US Leading Indicator More Like Bleeding Indicator After 10 Straight Months Of Declines, Down -1% As M2 Money Growth Dies (Mortgage Rate Rises To 6.47%)

    01/23/2023 7:54:22 AM PST · by Kaiser8408a · 12 replies
    Confounded Interest ^ | 01/23/2023 | Anthony B. Sanders
    The Conference Board’s Leading Indicator should be called The Bleeding Indicator given that the leading index has declined to 10 straight months. This is happening as The Fed tightens monetary policy to combat inflation. Leading indicators include economic variables that tend to move before changes in the overall economy. These indicators give a sense of the future state of an economy. How about mortgage rates? Settling in a 6.47%.
  • The Secret Panel? US Yield Curve Inversion, CDS Default Price, SOFR Signals More Rate Increases Then Rate Cuts

    01/23/2023 6:27:47 AM PST · by Kaiser8408a · 1 replies
    Confounded Interest ^ | 01/23/2023 | Anthony B. Sanders
    Ah, the start of a new week with Treasury Secretary Janet Yellen arguing (with a straight face) that there is no room in the Federal budget for cuts. Apparenly, Yellen never read any of the massive, pork-laden spending bills signed by Biden (no one else did in Congress either, nor did Biden). Let’s start with the US credit default swap (1 year). It remains high at 68.72 (the price of insuring against a US default). And the US Treasury yield curve (10Y-3M)? It remains deeply inverted at -114 basis points this morning signaling an impending US recession. Then we have...
  • The United States Is Insolvent

    01/23/2023 6:14:17 AM PST · by Red Badger · 70 replies
    America First Report ^ | January 23, 2023 | BY MICHAEL SNYDER
    You can call everyone for dinner, because our goose is cooked. We are so deep in debt that the only way we can keep the entire system from collapsing is to keep borrowing even more money. Perhaps you have been through a similar scenario with your own personal finances. When you simply do not have enough money to pay your bills, borrowing more money can seem like a really easy short-term solution. Unfortunately, the U.S. government has been doing this for decades, and now our national debt spiral has reached a terminal stage. Even if we gathered up all of...
  • Biden is Finished. Deep State Wants New Democrat President. Is Michelle Obama Up Next?

    01/23/2023 5:12:34 AM PST · by Red Badger · 101 replies
    Root For America ^ | January 19, 2023 | By Wayne Allyn Root
    Poor helpless, hapless, mumbling, stumbling, bumbling brain-dead Joe Biden. It’s all over for him. The puppet’s days are clearly numbered. It’s so obvious what’s happening. Biden’s presidency is over. The Deep State and DC Swamp don’t need him anymore. He served his purpose. Now they want him out. There are two reasons why all of this is happening now. First, Democrats realize Biden is not only the worst candidate in the history of politics, but he is deteriorating right in front of everyone’s eyes. Biden may have started out as a brain-dead puppet, wearing masks and diapers, and hiding in...
  • Uncovered New Email Names Joe Biden in Oil Deal with China – Then Later in 2022 Biden Sold National Oil Reserves to Hunter Connected Chinese Company

    01/22/2023 12:15:23 PM PST · by Macho MAGA Man · 21 replies
    The Gateway Pundit ^ | January 22, 2023 | Joe Hoft
    This week the Daily Mail uncovered another email found on Hunter’s laptop that included Joe Biden in a 2017 email discussing a multi-million dollar gas deal with CHINA. Joe Biden was named in an email found on Hunter Biden‘s laptop discussing a 25 million-ton gas deal with China, DailyMail.com can reveal exclusively. In October 2017, Hunter and his uncle –Joe’s brother Jim Biden – were brokering a multi-million dollar deal to supply gas from Louisiana to the country on behalf of their business partners, Chinese energy giant CEFC. At the time Joe Biden had finished his term as vice president...
  • IT'S NOT A LIE IF YOU BELIEVE IT

    01/22/2023 10:13:56 AM PST · by TBP123 · 40 replies
    The Burning Platform ^ | 12-29-22 | Jim Quinn
    I wish I could go through a day without having to reference Orwell and Huxley when observing how the ruling class is able to manipulate, subjugate, and propagandize the willfully ignorant masses through lies, deceptions, disinformation, and fear. But here we are, living through a dystopian nightmare blending the worst aspects of Orwell’s 1984 and Huxley’s Brave New World.
  • VIDEO: Indian vs Indian at Davos with DIZZYING Graphics

    01/22/2023 9:43:21 AM PST · by PJ-Comix · 19 replies
    Rumble ^ | January 22, 2023 | DUmmie FUnnies
    VIDEOThe sparks flew during this interview in Davos between an India Today journalist and an Indian economist. However, it was hard (at least for an American) to pay attention due to the incredibly DIVERTING moving graphics going on all around them. Do people in India have a different attention filter than Americans because those graphics were making me dizzy? Yeah, we have moving graphics on American TV but not so annoyingly overwhelming as they seem to have in India. One thing that stood out for me in this interview was the way the economist pronounced "Tik-Tok." Even the flashy graphics...
  • United States Yield Curve 3M10Y Most Inverted In 30+ Years! (But Other Assets Signaling Cooling Odds Of Recession)

    01/22/2023 6:36:43 AM PST · by Kaiser8408a · 17 replies
    Confounded Interest ^ | 01/22/2023 | Anthony B. Sanders
    The first headline I saw when I turned on Bloomberg.com was “DOJ Officials Find More Classified Documents at President Biden’s Home.” This is an improvement! So far, the task has been handled by Biden’s private attorneys who don’t have proper security clearance; at least the Justice Department is finally getting involved! But back to the US yield curve. It is now the most inverted in 30+ years as M2 Money growth stalls. Inverted yield curves have preceded recessions in the past. But as China reopens and Europe is experiencing a warmer winter than expected (meaning that Europe has sufficient natural...
  • Nextrush Unplugged Weekend: Roe vs. Wade At 50, The "Conservative Side" Of The "World Order", Greta Thunberg's "Arrest" Never Happened, Idaho Powers Still After Ammon Bundy

    01/22/2023 1:56:40 AM PST · by Nextrush · 3 replies
    Nextrush Free ^ | 1/21/2023 | Nextrush/Self
    If George Santos Is A Liar And A Crook Why Does He Have To Leave Congress He Fits In Just Fine? This week Steven Crowder who has been associated with Glenn Beck and The Blaze coming out not attacking people but making his case for uncensored content on Big Conservative Media Platforms... And to follow up on that historically media newcomers and I think of Cable TV network folks like Ted Turner back in the 1970's and 80's they had to deal with money and banks and financial power... Abortion Starts Well Before The Abortion... If Rush Limbaugh Had Lived...
  • Biden DOJ Opens Criminal Investigation of Abbott Baby Formula Plant

    01/21/2023 6:33:05 PM PST · by SeekAndFind · 7 replies
    Red State ^ | 01/21/2023 | Becca Lower
    In late April 2022, we reported about the supply chain crisis hitting the baby formula market, coupled with a voluntary recall by Abbott Nutrition, “after reports of infants becoming ill from bacterial infections.” As my colleague Kira Davis wrote, some of the infants died:Fox News reports that baby formula inventory was down a whopping 31 percent at the beginning of April. The scarcity is a combination of supply chain issues and recalls. In February, major formula producer Abbott Nutrition voluntarily recalled their Similac, Alimentum, and EleCare brands after reports of infants becoming ill from bacterial infections after drinking the formula....
  • Technocrats-At-Work: Medical Profession Implements WHO’s Digital Diagnosis Code For The Unvaxxed

    01/21/2023 3:39:18 PM PST · by Roman_War_Criminal · 18 replies
    Technocracy News ^ | 1/18/23 | Leo Hohmann
    There has been no clear way to identify those who chose to not take the experimental mRNA shots – until now. The US has just approved and adopted the WHO’s new digital diagnosis code for the unvaxxed. When you make your next visit to a medical facility, for any reason, you will be asked if you took the “vaccine” and boosters. Your answer will be coded on the spot and the data uploaded to the all-seeing medical cloud. Technocrats lust for data like this. They also lust for opportunities to practice their social engineering skills. ⁃ TN Editor A set...
  • Biden's climate envoy John Kerry says an 'extra terrestrial' force brought people to Davos to 'save the planet' in bizarre World Economic Forum speech

    01/21/2023 3:34:49 PM PST · by Roman_War_Criminal · 53 replies
    Daily Mail ^ | 1/17/23 | Morgan Phillips
    U.S. climate envoy John Kerry told a group of attendees Tuesday at the World Economic Forum in Davos, Switzerland that they were part of a 'select group of human beings' brought together by an 'extra-terrestrial' force to save the plan. The climate czar opened by thanking Børge Brende, president of the World Economic Forum in Geneva for getting him the 'best room I ever had here in 35 years.' Kerry then launched into a diatribe warning attendees that 'time is running out' to avoid climate change's 'worst consequences.'
  • ‘Arab’ Christians Say Integration With Israel Can’t Be Stopped

    01/21/2023 3:23:38 PM PST · by Roman_War_Criminal · 2 replies
    Israel Today ^ | 1/18/23 | Staff
    The Arabic-speaking (though ethnically Aramean) Christian community in Israel celebrated on Monday the promotion to the rank of Major of one of its own in the Israel Defense Forces. More and more local Christians have been volunteering for the IDF in recent years as groups like the Israel Christian Community (ICCI) encourage military service as the best way to integrate into the Jewish state. In a Facebook post marking the promotion of Maj. Eddie Jamalia, the ICCI told “everyone who tried (and is trying) to prevent our integration into Israeli society, in the IDF and the security forces (in particular),...