In what has to be one of the greatest pieces of irony ever, private jets on the way to Dubai for the “global warming” conference known as COP28 literally became frozen on the runways in Munich due to a powerful snowstorm.
Must have been a lot of snow on that tail section.
Biden is going to Israel today. The agenda here is transparently obvious.
Karl Denninger was the founder and CEO of MCSNet. He later sold the company to Winstar Communications. Denninger is a founding contributor to the finance blog market-ticker.org, and has used the internet to bring attention to his concerns with the financial system. Denninger was also one of the early members of the Tea Party movement, sometimes referred to as a founder.
Denninger is gifted at processing mountains of statistical data and being able to present his findings in an understandable manner. He does not pretend. Denninger does not ignore data he does not like.
Denninger did an outstanding job with COVID data. While I do not always subscribe to his ideas for fixing things, his analyses are thought provoking.
Karl Denninger believes we are headed to very bad economic times and he pulls no punches in telling everyone why.
Recently I had the opportunity to listen to an interview that was done a year ago with the ultra-leftist Transportation Secretary Pete Buttigieg. This interview is remarkable. Buttigieg is interviewed on the smorgasbord of policies that the people behind the curtain propose to solve the inflation problem. In this eight-minute segment Buttigieg reveals that the administration plans are to take over much of the economy.
If SVB failed because of their investment in US government bonds, how many other banks are at risk? Just how much in unrealized losses are there in the books of banks that made similar investments? Is this situation a direct outgrowth of the Dodd-Frank Act?
As we recently saw last week, the UK is rationing tomatoes among other fresh vegetables. Perishables like tomatoes, potatoes, cucumbers, cauliflower, peppers and broccoli have been restricted to just two or three per customer in many stores.
In his weekly monologue Neil Oliver takes this issue and overlays the surplus of lies that has created it. Neil Oliver generally has exceptional insight and points out what should be obvious.
Facebook parent Meta Platforms Inc (META.O) has delayed finalizing the budgets of multiple teams as it prepares a fresh round of job cuts, the Financial Times reported on Saturday. More than 11,000 jobs had been axed back in November. That happened at the same time as Amazon and Microsoft announced the elimination of thousands of jobs.
I guess this is the job that Biden said on Tuesday that he wants to finish. That being the destruction of the US economy.
You can only lie to the people so many times before they tune you out. Tuesday’s State of the Union (SOTU) fabrication put forth by Joe Biden was watched by less than 29 million people. This represents a 29% drop from last year. Keep in mind that the address was given in prime time and all the major networks and major cable news channels carried it.
On Thursday, the Avatar who inhabits the White House from time to time, traveled to Springfield, Virginia to give a speech to a group of union workers. The whole point of the talk was to try to transfer blame for the absolutely horrendous performance of the economy to Republicans who believe in free markets and capitalism rather than the stupefying and stultifying hand of government in the economy.
Neil Oliver pillories those who are supposed to be our elected leaders. The one issue he does not touch on this week is the absolutely corrupt nature of what is going on in Ukraine.