US Bank Deposit Outflows Continue, Small Bank Loans Collapse

us-bank-deposit-outflows-continue,-small-bank-loans-collapse

US Bank Deposit Outflows Continue, Small Bank Loans Collapse As we detailed extensively last week, the big headline from The Fed’s H.8 report was the significant divergence between seasonally- and non-seasonally-adjusted commercial bank deposit data (inflows for the former and big outflows for the latter). Yesterday’s continued surge of inflows into money market funds and […]

House GOP Offers Border Crisis Solutions – Will Sound Policies Prevail?

house-gop-offers-border-crisis-solutions-–-will-sound-policies-prevail?

House GOP Offers Border Crisis Solutions – Will Sound Policies Prevail? Authored by Chad Wolf via RealClear Wire, To seemingly every American except Biden administration officials, there is an ongoing humanitarian and security crisis at the southern border. In just 26 months, the Biden administration has allowed approximately 4 million illegal aliens into American communities […]

Leaked Document Shows American Smart Bombs Are Failing In Ukraine

leaked-document-shows-american-smart-bombs-are-failing-in-ukraine

Leaked Document Shows American Smart Bombs Are Failing In Ukraine American-made smart bombs are failing in Ukraine, based on successful Russian electronic jamming measures, according to a Pentagon document connected to alleged leaker Jack Teixeira. The highly-classified document not only reviews use of effective Russian countermeasures to make the smart bombs ineffective, but also says […]

CFTC Calls Ether A Commodity In Binance Suit, Highlighting Complexity Of Classification

cftc-calls-ether-a-commodity-in-binance-suit,-highlighting-complexity-of-classification

CFTC Calls Ether A Commodity In Binance Suit, Highlighting Complexity Of Classification By Derek Anderson of CoinTelegraph The suit claims Binance used Ether as a commodity in its financial products, experts explained, which says little about the basic nature of the coin… The United States Commodity Futures Trading Commission (CFTC) filed suit against Binance on […]

DEA Warns ‘Zombie Drug’ Hitting US Streets, Set To Worsen Overdose Crisis

dea-warns-‘zombie-drug’-hitting-us-streets,-set-to-worsen-overdose-crisis

DEA Warns ‘Zombie Drug’ Hitting US Streets, Set To Worsen Overdose Crisis President Biden’s efforts to end a nationwide drug crisis, which he promised to end during the 2020 election campaign, may face further challenges as the Drug Enforcement Administration issued an alert on Monday regarding a new concoction of fentanyl and a veterinary tranquilizer […]

Top Military Enlisted Say Housing And Pay Issues Hurt Recruitment, Retention

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Top Military Enlisted Say Housing And Pay Issues Hurt Recruitment, Retention Authored by Michael Clements via The Epoch Times (emphasis ours), The military’s top enlisted members say poor housing, health care, childcare, and pay problems are deleterious to recruiting and retention. Homes that were constructed by Balfour Beatty are seen in a neighborhood at Tinker […]

10 Shocking Public Freakouts That Will Have You Shaking Your Head

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10 Shocking Public Freakouts That Will Have You Shaking Your Head Authored by Michael Snyder via The End of The American Dream blog, Have you noticed that people seem to be a lot more prone to losing their temper these days? In a civilized society, those that disagree are supposed to resolve their differences in […]

The Core Of The Economy – The Middle Class – Is Crumbling

the-core-of-the-economy-–-the-middle-class-–-is-crumbling

The Core Of The Economy – The Middle Class – Is Crumbling Authored by Charles Hugh Smith via OfTwoMinds blog, The net result of hyper-globalization and hyper-financialization is the crumbling of the middle class. Neofeudal societies and economies lack a vibrant middle class. This is the defining feature of feudalism and its updated V2.0, neofeudalism: a nobility (based on birth or […]

Fixing The Debt Ceiling Crisis… Via Gold

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Fixing The Debt Ceiling Crisis… Via Gold Submitted by Paul H. Kupiec and Alex J. Pollock, When it comes to the debt ceiling, both the Fed and the New York Times get It wrong… At the February FOMC press conference, Federal Reserve Chairman Powell was asked, “…about the debt ceiling. Given that we’ve now hit up against it…will […]

Italy’s Internet Restored After Nationwide Outage; Reports Of Global Ransomware Attack

italy’s-internet-restored-after-nationwide-outage;-reports-of-global-ransomware-attack

Italy’s Internet Restored After Nationwide Outage; Reports Of Global Ransomware Attack Update (1615ET): Network data from NetBlocks shows internet across Italy has mostly been restored after more than five hours of outages.  Reuters confirmed the outage was due to “an international interconnection problem.”   In a separate report, Reuters said that Italy’s National Cybersecurity Agency warned about a ransomware attack […]

Escobar: How General Soleimani Kick-Started The Multipolar World

escobar:-how-general-soleimani-kick-started-the-multipolar-world

Escobar: How General Soleimani Kick-Started The Multipolar World Authored by Pepe Escobar, The consensus among future historians will be inevitable: the 2020s started with a diabolic murder.             Baghdad airport, January 3, 2020, 00:52 a.m. local time. The assassination of Gen.QassemSoleimani, commander of the Quds Force of the Islamic RevolutionGuards Corps (IRGC), alongside Abu Mahdi al-Muhandis, […]

Seniors Sacrifice Health And Comfort As Inflation Lowers Standard Of Living

seniors-sacrifice-health-and-comfort-as-inflation-lowers-standard-of-living

In response to inflation, the prizes at Bingo have changed in recent weeks at the Millersville Senior Center in Millersville, Pennsylvania. Instead of fun little trinkets, winning bingo players now choose between cleaning supplies, laundry items or snacks, depending on the theme of the week, Senior Center Director Starr Brubaker told The Epoch Times. Dryer […]

Face Off In Virginia: Students Unmask, Suffer School Board’s Wrath

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While more and more states and districts are dropping COVID-19 restrictions, others are doubling down. Loudoun County, Virginia, is one of them. That’s where a battle is raging between state-level directives and the will of the local school board—and children are bearing the brunt of it. On his first day in office last month, Virginia […]

Amazon Tells Staff They Must Be Fully Vaccinated To Get COVID Paid Leave

amazon-tells-staff-they-must-be-fully-vaccinated-to-get-covid-paid-leave

Amazon has told staff at its U.S. warehouses and logistics sites that they must be fully vaccinated against COVID-19 by March if they want to receive paid leave if they contract the virus. In a Feb. 10 memo to employees obtained by The Wall Street Journal, the Seattle-headquartered company said workers have until March 18 to […]

New Year In Pictures: World Ushers In 2022 With Scaled Down Celebrations

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Amid the ongoing COVID-19 pandemic, the world welcomed 2022 with largely reduced crowds and fireworks amid the spread of the more contagious, albeit less severe, Omicron variant. In some regions, events were scaled back or canceled outright. The CCP (Chinese Communist Party) virus, which causes the disease COVID-19, has claimed upward of five million lives […]