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"Leftists Make Desperate Attempt to Discredit Photo of Abrego Garcia's MS-13 Tattoos. Here Are Receipts"
"Trump Administration Freezes $2 Billion After Harvard Refuses to Meet Demands"on After Harvard Refuses to Meet Demands
"Doctors Committing Insurance Fraud to Conceal Trans Procedures, Texas Children’s Whistleblower Testifies"
"Left Using '8647' Symbol for Violence Against Trump, Musk"
KawasakiÂ’s new rideable robohorse is straight out of a sci-fi novel
"Trade should work for America, not rule it"
"The Stakes Couldn’t Be Higher in Wisconsin’s Supreme Court Race – What’s at Risk for the GOP"
"How Trump caught big-government fans in their own trap"
‘Are You Prepared for Violence?’
Greek Orthodox Archbishop gives President Trump a Cross, tells him "Make America Invincible"
"Trump signs executive order eliminating the Department of Education!!!"
"If AOC Is the Democratic Future, the Party Is Even Worse Off Than We Think"
"Ending EPA Overreach"
Closest Look Ever at How Pyramids Were Built
Moment the SpaceX crew Meets Stranded ISS Crew
The Exodus Pharaoh EXPLAINED!
Did the Israelites Really Cross the Red Sea? Stunning Evidence of the Location of Red Sea Crossing!
Are we experiencing a Triumph of Orthodoxy?
Judge Napolitano with Konstantin Malofeev (Moscow, Russia)
"Trump Administration Cancels Most USAID Programs, Folds Others into State Department"
Introducing Manus: The General AI Agent
"Chinese Spies in Our Military? Straight to Jail"
Any suggestion that the USA and NATO are "Helping" or have ever helped Ukraine needs to be shot down instantly
"Real problem with the Palestinians: Nobody wants them"
ACDC & The Rolling Stones - Rock Me Baby
Magnus Carlsen gives a London System lesson!
"The Democrats Are Suffering Through a Drought of Generational Talent"
7 Tactics Of The Enemy To Weaken Your Faith
Strange And Biblical Events Are Happening
Every year ... BusiesT casino gambling day -- in Las Vegas
Trump’s DOGE Plan Is Legally Untouchable—Elon Musk Holds the Scalpel
Palestinians: What do you think of the Trump plan for Gaza?
What Happens Inside Gaza’s Secret Tunnels? | Unpacked
Hamas Torture Bodycam Footage: "These Monsters Filmed it All" | IDF Warfighter Doron Keidar, Ep. 225
EXPOSED: The Dark Truth About the Hostages in Gaza
New Task Force Ready To Expose Dark Secrets
Egypt Amasses Forces on Israel’s Southern Border | World War 3 About to Start?
"Trump wants to dismantle the Education Department. Here’s how it would work"
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"Federal Workers Concerned That Returning To Office Will Interfere With Them Not Working"
"Yes, the Democrats Have a Governing Problem – They Blame America First, Then Govern Accordingly"
"Trump and His New Frenemies, Abroad and at Home"
"The Left’s Sin Is of Omission and Lost Opportunity"
"How Trump’s team will break down the woke bureaucracy"
Pete Hegseth will be confirmed in a few minutes
"Greg Gutfeld Cooks Jessica Tarlov and Liberal Media in Brilliant Take on Trump's First Day"
"They Gave Trump the Center, and He Took It"
French doors
America THEN and NOW in 65 FASCINATING Photos
"CNN pundit Scott Jennings goes absolutely nuclear on Biden’s ‘farce’ of a farewell speech — and he’s not alone"
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Latest Articles: Business
Understanding the Fear in the Markets
Post Date: 2010-08-23 10:25:40 by Capitalist Eric
2 Comments
With renewed economic uncertainty, American investors have withdrawn a staggering $33.12 billion from stock market mutual funds so far this year, reports NYT. Over all, investors pulled $151.4 billion out of stock market mutual funds in 2008. The Flash Crash on May 6 of this year resulted in investors pulling $19.1 billion from domestic equity funds in May.. Investors withdrew $14.67 billion from domestic stock market mutual funds in July, the third straight month of withdrawals, according to the Investment Institute. These withdrawal numbers support the Hindenburg Omen indications that the stock market has been climbing with less and less cash flow to support the advance. This, of ...
Payrolls Increase in 37 U.S. States, Led by Michigan
Post Date: 2010-08-20 11:12:36 by Brian S
0 Comments
Payrolls increased in 37 U.S. states in July, led by a jump in Michigan that may reflect a gain in auto making. Employers in the Michigan added 27,800 jobs last month, the most since October, figures from the Labor Department showed today in Washington. Massachusetts, New York and Minnesota rounded out the four states with the biggest job gains. Employment in the District of Columbia climbed by 17,800, the most since records began in 1990 and second behind Michigan. The U.S. lost 131,000 jobs last month as the government cut temporary workers conducting the 2010 census, and private payrolls rose a less-than-forecast 71,000, according to Labor Department figures released Aug. 6. ...
American Airlines to charge (more) for front-row seats
Post Date: 2010-08-18 15:43:35 by Skip Intro
6 Comments
American Airlines to charge for front-row seats NEW YORK – American Airlines has found another fee. The Fort Worth, Texas, airline said Wednesday it's now charging between $19 and $39 for "Express Seats" — those spots in the first few rows of coach that include bulkhead seats. The carrier, which is operated by parent AMR Corp., is following in the footsteps of several other airlines who already charge for special seats. UAL Corp.'s United Airlines, Continental Airlines, US Airways, JetBlue, Frontier, Spirit and AirTran all have some seats that cost extra. American said the price of the seats includes getting on the plane in the first "general ...
THERE WILL BE NO DOUBLE DIP…..
Post Date: 2010-08-18 10:43:54 by Capitalist Eric
33 Comments
WILL BE NO DOUBLE DIP...by Egon von Greyerz, Matterhorn Asset ManagementNo, there will be no double dip. It will be a lot worse. The world economy will soon go into an accelerated and precipitous decline which will make the 2007 to early 2009 downturn seem like a walk in the park. The world financial system has temporarily been on life support by trillions of printed dollars that governments call money. But the effect of this massive money printing is ephemeral since it is not possible to save a world economy built on worthless paper by creating more of the same. Nevertheless, governments will continue to print since this is the only remedy they know. Therefore, we are soon likely to enter ...
Rupert Murdoch donates $1m to Republicans
Post Date: 2010-08-18 03:45:07 by lucysmom
0 Comments
Rupert Murdoch has thrown his financial weight behind the Republican party, donating $1m (£642,000) to help its candidates in the November elections. It is one of the biggest donations to the party by any individual or organisation. The move comes in spite of Murdoch's public praise during the 2008 White House race for Barack Obama, whom he described as a phenomenon of "rock star" proportions. Murdoch's News Corporation said it supported the Republicans because the party had a pro-business agenda. Murdoch's Fox News channel, New York Post and Wall Street Journal support the Republicans editorially and he has now added a significant amount of cash to the cause. ...
Who Do We Love? Detroit! Ford, GM Brands Top Customer Satisfaction Survey For First Time Ever
Post Date: 2010-08-17 19:21:30 by Brian S
1 Comments
The painful years of restructuring appear to be paying off for at least two of the Big Three automakers. For the first time ever, Ford’s Lincoln Mercury and GM’s Buick received the highest customer satisfaction rankings among all automakers, according to the American Customer Satisfaction Index released Tuesday. The ACSI measures customer sentiment about a number of products and industries, including this annual auto survey. The results offer one more piece of evidence that U.S. automakers are starting to see the payoff from years of painful layoffs, corporate restructuring and quality improvements. But the two carmakers also benefited from the series of recalls that have ...
U.S. Industrial Production Rises More Than Forecast
Post Date: 2010-08-17 12:08:49 by Brian S
1 Comments
Production jumped twice as much as forecast in July, signaling manufacturing is shouldering a U.S. economic recovery that is showing signs of moderating in the second half of the year. Output climbed 1 percent as factories churned out more computers, appliances, automobiles and industrial machinery, the Federal Reserve said today in Washington. Another report showed work began last month on fewer houses than forecast. Increased business investment is propelling the gains in manufacturing, which accounts for 11 percent of the world’s largest economy. At the same time, a slowdown in consumer spending will reduce the need to rebuild inventories, while cooling growth overseas may limit ...
The Purpose Behind Engineered Economic Collapse
Post Date: 2010-08-17 10:30:15 by Capitalist Eric
22 Comments
The Purpose Behind Engineered Economic Collapse Giordano Bruno Neithercorp Press August 17, 2010 “From now on, depressions will be scientifically created.” — Congressman Charles A. Lindbergh Sr. , 1913 Everyone loves money. Even people like myself who abhor the abuse of money and commerce, who understand the fraudulent nature of the system we live in, still work hard and save so that we might attain a sense of stability within that system. Many people see money as a focal point to their existence. But is it really money that they are after, or is it something else entirely? In truth, money represents ‘security’ in the minds of the masses. Money affords us the ...
GM Completes IPO Paperwork, Filing Expected By Tuesday
Post Date: 2010-08-16 15:41:39 by Brian S
1 Comments
(Reuters) - General Motors Co has completed the paperwork for an initial public offering and timing of its filing with the U.S. securities regulators now rests with the board of the top U.S. automaker, a source familiar with the situation said on Monday. That filing is likely to be completed with the U.S. Securities and Exchange Commission by Tuesday, the person said, asking not to be named because the preparations for the IPO are private. GM's IPO is expected to raise between $15 billion to $20 billion in one of the largest IPOs ever, the source said. A group of ten banks that committed to be the major group of creditors in GM's $5 billion credit line will also serve as ...
Manufacturing in New York Area Expands Less Than Forecast as Orders Slide
Post Date: 2010-08-16 11:33:32 by Brian S
1 Comments
Manufacturing in the New York region expanded less than forecast in August as orders and sales declined for the first time in more than a year. The Federal Reserve Bank of New York’s general economic index rose to 7.1 this month from 5.1 in July. Economists forecast the measure would rise to 8, according to the median estimate in a Bloomberg News survey. Readings greater than zero signal expansion in the so-called Empire State Index that covers New York, northern New Jersey and southern Connecticut. Slower consumer spending and less inventory rebuilding may restrain manufacturing after the industry led the economy out of the worst recession in seven decades. A cooling of growth ...
Chronology: GM: The year from bankruptcy to IPO
Post Date: 2010-08-14 21:20:20 by Brian S
0 Comments
(Reuters) - General Motors Co GM.UL is expected to file a registration for an initial public offering of stock with U.S. securities regulators in the coming days, just over a year after the top U.S. automaker emerged from bankruptcy. Key events since GM's bankruptcy filing follow. * June 2009 - General Motors files for a bankruptcy supported by U.S. government funding. * July 2009 - GM emerges from bankruptcy with four core brands and majority owned by the U.S. government. * September 2009 - GM agrees to sell a 55 percent stake in its European Opel unit to a group led by Magna. * November 2009 - GM reverses course and decides to keep and restructure its Opel unit in Europe. * ...
Consumer Sentiment Index In U.S. Increased In August
Post Date: 2010-08-13 15:26:42 by Brian S
0 Comments
Confidence among U.S. consumers rose in August, a sign the biggest part of the economy may soon stabilize. The Thomson Reuters/University of Michigan preliminary index of consumer sentiment climbed to 69.6 following a reading of 67.8 in July that was the lowest since November, the group said today. The gauge was forecast to rise to 69, according to the median of 65 economists in a Bloomberg News survey. Improving confidence makes it less likely that a slump in consumer spending, which accounts for about 70 percent of the economy, will derail the economy. At the same time, the lack of jobs will limit household purchases to a pace consistent with slowing growth the rest of this year. ...
GM Profit Rises to $1.54 Billion, Plans IPO Up to $16 Billion
Post Date: 2010-08-12 11:18:40 by Brian S
1 Comments
General Motors Co., 61 percent owned by the U.S. government, reported second-quarter net income of $1.54 billion on increased vehicle sales and production as the Detroit automaker prepares for an initial public offering. Profit rose 44 percent from $1.07 billion in the first three months of the year. Revenue increased 44 percent from a year ago to $33.2 billion on growing sales of the Buick Excelle in China and Chevrolet Equinox in the U.S., the company said today in a statement. Operations in Europe will continue to improve, the company said. Showing profit growth is part of Chief Executive Officer Ed Whitacre’s march toward selling shares in the nation’s largest automaker ...
Foreclosure Crisis Spreads Across U.S. as Idaho Defaults Mount
Post Date: 2010-08-12 11:12:39 by Brian S
0 Comments
Nan Holmes, a senior escrow officer at a title insurer, says her insider’s view of the local market gave her the confidence three years ago to pay $370,000 for a new home in Boise, Idaho. She got a price she liked from the builder and 100 percent bank financing. That was before the bottom fell out of the housing market in California, Nevada and Florida as borrowers with bad credit began defaulting in record numbers, setting off a recession. Holmes, who had earned $150,000 a year when real estate was booming, saw her compensation shrink by half when business cooled, forcing her to dip into savings and sell jewelry. She stopped paying the mortgage in April and has put the house on the ...
Stocks Retreat as Gloom Descends on Several Fronts
Post Date: 2010-08-11 15:48:57 by Brian S
2 Comments
Shares on Wall Street retreated Wednesday in the wake of the announcement by the Fed that it would buy government debt and as new trade figures suggested a slowdown in growth in the United States. Equity indexes were down at least 2.3 percent in mid-afternoon trading in the first full day after the Fed said the recovery had slowed and that it had decided to recycle the proceeds of its mortgage-bond portfolio into Treasuries. In addition, investors were treated to some gloomy trade figures that caused the outlook for second-quarter growth to be revised lower. The country’s trade deficit unexpectedly widened 18.8 percent in June, as American exports slacked off. The deficit was much ...
Company Job Openings Drop For 2nd Straight Month
Post Date: 2010-08-11 13:32:38 by Brian S
0 Comments
WASHINGTON (AP) -- Company job openings fell for the second straight month in June, a sign that hiring isn't likely to pick up in the coming months. The data comes after a weak employment report Friday that showed businesses aren't adding enough new workers to bring down the unemployment rate, currently 9.5 percent. Wednesday's report, known as the Job Openings and Labor Turnover survey, or JOLTS, suggests that won't change anytime soon. Job openings on average can take about three months to fill, economists say. That means the JOLTS report for June provides a rough signal of how many jobs will be created about three months later. The Labor Department says job openings ...
US Dollar Hits Fifteen-Year Low Against Japanese Yen
Post Date: 2010-08-11 11:27:45 by Brian S
1 Comments
The U.S. dollar slid to a 15-year low against the yen Wednesday, dragged down by the anemic recovery in the world's biggest economy. The greenback was quoted at 84.71 yen in London, the lowest since 1995. Investors stepped up selling of dollars after the Federal Reserve announced Tuesday additional monetary easing steps in a bid to shore up the flagging U.S. economy. The central bank also downgraded its assessment of the economy's prospects. "Investors were unnerved by the Fed's statement. It just confirmed that the U.S. economic recovery is slowing," said a dealer at a Japanese bank in Tokyo. The dealer declined to be named as he was not authorized to talk to the ...
The Deflation Bogey [Paging Nebuchadnezzar: LEARNING Opportunity For You!]
Post Date: 2010-08-10 18:28:17 by Capitalist Eric
40 Comments
The Paul Reveres of the economics profession are riding their horses, warning Americans, "Deflation is coming! Deflation is coming!" From Paul Krugman to Joseph Gagnon to the various mainstream news publications, the message is the same — the government needs to induce inflation now, or else the economy will sink further into the Slew of Despond and unemployment will increase. A recent U.S. News article declared, When the price of cars or sweaters or iPods declines, it's a break for consumers and a welcome sign that economic productivity is improving. That helps drive up living standards. But when the price of everything drops, it's an alarming development that ...
Fed Looks to Spur Growth by Buying Government Debt - Bloomberg [Translation: Increase Printing Speed to Warp 3!]
Post Date: 2010-08-10 18:19:46 by Capitalist Eric
3 Comments
Federal Reserve officials decided to reinvest principal payments on mortgage holdings into long-term Treasury securities, making their first attempt to bolster growth since March 2009 to keep the slowing U.S. economy from relapsing into recession. “The pace of economic recovery is likely to be more modest in the near term than had been anticipated,” the Federal Open Market Committee said in a statement in Washington. “To help support the economic recovery in a context of price stability, the Committee will keep constant the Federal Reserve’s holdings of securities at their current level.” The Fed retained a commitment to keep its benchmark interest rate close to ...
Have you driven a Chevy Volt...lately? [Full Thread]
Post Date: 2010-08-10 05:26:28 by reaganisright
65 Comments
Have you driven a Chevy Volt The headline is a play an early ‘80s Ford car ad campaign. Have you driven a Ford. . .lately? was the tag line and it's instructive when considering Chevrolet's new Volt, the car that'll make GM a "leader" in green vehicle technology and create green blue collar jobs. The answer to Have you driven a Chevy Volt . . .lately? is most likely to be no. I really love cars, and it pains me to criticize a vehicle, since my premise is all cars are good, some are better than others. Plus I know people at GM who love cars and worked diligently on this car, even if they thought it an answer to a question no one asked. While the Volt looks like ...
U.S. Dollar Now Ripe For Catastrophic Devaluation
Post Date: 2010-08-09 22:38:34 by Capitalist Eric
18 Comments
By Giordano Bruno Neithercorp Press 51; 08/09/2010 Normally when I cover subjects in the economy, I try to take a “macro” approach, giving an overall view of various financial elements around the world and how they are clearly connected to one another in a greater synchronous social force. That is to say, in Chinese domestic consumption, or European debt obligations, or Russian gold reserves, and in many other factors, is encoded the very future of our own American economy. Showing others how to decipher that code is my primary mission. In this instance, however, I would like to focus chiefly on the U.S. Dollar, the private Federal Reserve currency which is now the basis for our ...
Freddie Mac Posts $6 Billion Quarterly Loss (Hope & Change Alert)
Post Date: 2010-08-09 20:19:29 by Nebuchadnezzar
0 Comments
by Publius From AFP: Troubled US mortgage firm Freddie Mac reported Monday a second quarter net loss of six billion dollars and sought another 1.8 billion dollars from the Treasury to contain the red ink. The government-backed company said its strategies to boost business and “sustainable homeownership” were taking hold but cited high unemployment posing “very real challenges” for the already embattled housing market. Freddie Mac suffered a 6.009 billion dollar net loss attributable to common stockholders in the April-June period from a loss of 7.980 billion dollars in the first quarter and 840 million dollars in the year ago period. “We recognize that high ...
Hedging Chaos with Gold [Debt Default or Hyperinflation- One or the Other]
Post Date: 2010-08-09 16:32:46 by Capitalist Eric
21 Comments
Hedging Chaos with Gold Darryl Robert Schoon Posted Aug 5, 2010 …what if history is not cyclical and slow-moving but arhythmic, at times almost stationary, but also capable of accelerating suddenly, like a sports car? What if collapse does not arrive over a number of centuries but comes suddenly, like a thief in the night… dramas lie ahead as the nasty fiscal arithmetic of imperial decline drives yet another great power over the edge of chaos.- Niall Ferguson, July 28, 2010 The nasty fiscal arithmetic of imperial decline that Harvard professor Niall Ferguson refers to is America’s unsustainable debt. Growing levels of debt according to Ferguson are now about to drive the US, ...
America's Middle Class in Crisis
Post Date: 2010-08-09 14:00:57 by Capitalist Eric
0 Comments
Very nice reading in the Financial Times this week. One of my favorite topics since I themed the year with our 2010 Outlook "A Tale of Two Economies" and in the years before that I’ve been bitching about the topic of wealth disparity in America to the point where even arch-Conservatives Alan Greenspan and David Stockman are now forced to agree with me. So that’s two down, 99,999,998 to go! That’s right, just 1/3 of our fellow countrymen now identify themselves as Republicans or Republican’ts, as they are affectionately known on Capitol Hill - where they block every possible effort to change the status quo that’s ...
The Death of the Dollar [Full Thread]
Post Date: 2010-08-07 14:20:58 by Capitalist Eric
51 Comments
Nothing can save our financial system in the long run. It is doomed to collapse. This is inevitable, because our government controls and manages its very foundation -- the dollar. The federal government began its takeover of the dollar in 1913 when it established the Federal Reserve Banking System. Prior to that, the dollar was a real store of value. In the period from 1783 to 1913, there was a long period of currency stability with virtually no inflation. If you saved one dollar in 1800, your great-grandchild could buy roughly the same amount of goods with the same dollar one century later. In 1913, five dollars could get you the following: 15 pounds of potatoes, 10 pounds of flour, ...
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