German Central Bank: Gold Revaluation Account Underlines Soundness Of Balance Sheet
German Central Bank: Gold Revaluation Account Underlines Soundness Of Balance Sheet By Jan Nieuwenhuijs of Gainesville Coins At a press conference early 2023, member of the Executive Board of the German central bank Joachim Wuermeling made clear that the soundness of the central bank’s balance sheet, in light of general losses, is guaranteed by the […]
Senate Democrats Sneak Gun Control Into Military Funding Bill
Senate Democrats Sneak Gun Control Into Military Funding Bill Submitted by Gun Owners of America, Senate Democrats are attempting to sneak an authorization of an outdated gun control law into the “must pass” National Defense Authorization Act, also known as the US Military budget. The law in question is the 1988 Undetectable Firearms Act, which was championed by […]
Farage ‘Banking Ban’ Sparks UK Govt Probe Of Blacklisting Accounts Over Political Views
Farage ‘Banking Ban’ Sparks UK Govt Probe Of Blacklisting Accounts Over Political Views Days after Brexiteer Nigel Farage told the world about his experience of having his bank accounts abruptly closed by a major banking group, without a valid reason provided, The FT reports that Chancellor Jeremy Hunt has said the government will take action […]
Debt Ceiling Brinksmanship And The Necessity For Spending Reforms
Debt Ceiling Brinksmanship And The Necessity For Spending Reforms By Adam Andrzejewski, author of Open the Books substack, Testimony by: Adam AndrzejewskiCEO & founder, OpenTheBooks.comUnited States Senate Committee On Small Business & EntrepreneurshipTuesday, May 16, 2023 NOTE: The United States Senate Committee On Small Business & Entrepreneurship hearing was canceled. However, our prepared remarks are […]
Futures Slide In Risk-Off End To Volatile Week
Futures Slide In Risk-Off End To Volatile Week US equity futures extended their recent weakness and traded near the week’s lows in early Friday trading as investors digested the latest corporate updates. Investors now await PMI data later today for further direction on the path for monetary policy. Contracts on the S&P 500 and the […]
China Sends 18 Warplanes & 4 Vessels Toward Taiwan Amid Tsai’s US Visit
China Sends 18 Warplanes & 4 Vessels Toward Taiwan Amid Tsai’s US Visit China has made good on its threats vowing retaliation for Taiwanese President Tsai Ing-wen’s tour of the US and Central American allies, now a few days in. On Saturday the People’s Liberation Army (PLA) sent 18 aircraft and four naval vessels toward the […]
Fixing The Incentives: How Fiat Funds National Corruption
Fixing The Incentives: How Fiat Funds National Corruption Authored by Jimmy Song via BitcoinMagazine.com, In the first two parts of this series, I wrote about the individual-level incentives and company-level incentives of fiat money. The individual-level incentives made personal lives have much higher time preferences through ubiquitous debt and lack of savings vehicles. The company-level incentives made communal […]
Watch: Mother Reads Shocking Porn Content From Books Given To Kids In NY Schools
Watch: Mother Reads Shocking Porn Content From Books Given To Kids In NY Schools Authored by Steve Watson via Summit News, Footage has emerged from yet another school board meeting in which a mother reads extreme pornographic content from books provided to children in the district. These videos now seem to be appearing every week. […]
Trump: Truth About “Fake News” Reporting On “Russia Hoax” Is Finally Coming Out
Trump: Truth About “Fake News” Reporting On “Russia Hoax” Is Finally Coming Out Authored by Janice Hisle via The Epoch Times (emphasis ours), Former U.S. President Donald Trump says he finally sees some truth emerging about “the fake news.” President Donald Trump speaks to reporters after participating in a Thanksgiving teleconference with members of the […]
Key Events This Extremely Busy Week: “One For The Record Books”
Key Events This Extremely Busy Week: “One For The Record Books” As BofA rates strategist Ralf Preusser writes in his weekly preview, “this week is one for the record book. We have not seen these three major central bank decisions (Fed, BoE, ECB); and key data releases (US ISM, payrolls, and the employment cost index, […]
White House Argues That Sudden Disappearance Of Migrants During Biden Border Visit Coincidental
White House Argues That Sudden Disappearance Of Migrants During Biden Border Visit Coincidental As we noted during Joe Biden’s recent lighting speed tour of southern border, El Paso was an epicenter of the illegal immigration crisis up until just two weeks ago, when suddenly and magically there was a mass exodus or removal of thousands […]
Racial Discrimination Suit Against Tesla Seeks To Include More Than 100 Other Workers As Plaintiffs
Racial Discrimination Suit Against Tesla Seeks To Include More Than 100 Other Workers As Plaintiffs The problems for Elon Musk continue to pile up in all directions around him. Of the many outstanding issues Musk and Tesla (not to mention Twitter) are dealing with is a 2017 lawsuit that called the company a “hotbed for racist […]