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Wednesday, 6 August 2025

Category: Politics

California panel approves reparations proposal of up to $1.2 million EACH for black residents… but activists demand more than $200 million at heated public meeting 

Posted on May 8, 2023 by admin | 161 Comments
Spread the loveCalifornia’s reparations task force has approved recommendations which could give black residents $1.2million each as compensation for slavery and discrimination. The nine-member committee voted Saturday to approve proposals on how the…
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California Defaults On $18.6 Billion In Debt, Saddling Employers With The Expense

Posted on May 8, 2023 by admin | 158 Comments
Spread the loveCalifornia’s recent decision not to pay back some $20 billion borrowed from the federal government to cover unemployment benefits during the pandemic will fall on the shoulders of employers,…
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Stanford Professor Warns Thousands Of US Banks Are “Potentially Insolvent”

Posted on May 8, 2023 by admin | 218 Comments
Spread the loveBy Amit Seru Mr. Seru is a professor of finance at the Stanford Graduate School of Business. This article has been updated to include new information about PacWest and…
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JP Morgan: U.S. regulators may ban short selling amid banking crisis

Posted on May 8, 2023 by admin | 83 Comments
Spread the loveAs the U.S. banking sector faces a wave of failures, JP Morgan analysts have warned that regulators may intervene to stop short selling activities that could worsen the…
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The Truth Central May 5, 2023: Massive Layoffs Coming, More Climate Hysteria and Cheap Flights May Be a Thing of the Past

Posted on May 5, 2023 by admin | 265 Comments
Economic conditions continue to worsen despite what you might see coming out of the Biden Administration PR Machine as signs point to a period of massive layoffs as we watch…
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New York State Bans Natural Gas Stoves And Heaters

Posted on May 5, 2023 by admin | 259 Comments
Spread the loveOver the last few years, there has been a lot of talk about banning gas installations in new residential buildings, but New York is the first state to…
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Climate Change to End Era of Cheap Airplane Flights

Posted on May 5, 2023 by admin | 271 Comments
Spread the loveTicket prices for flights are expected to rise in the coming years as the airline industry wrestles with the costs of reaching net zero by 2050. European aviation alone…
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21 Russian Cities Cancel V-Day Parades As Tit-For-Tat Drone War Heats Up

Posted on May 5, 2023 by admin | 253 Comments
Spread the loveRussia has witnessed several drone attacks against its territory and infrastructure over the past 24 hours, following the pair of drones sent against Kremlin buildings in the heart of…
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With Mortgage Rates Stuck at 6.5%, Spring Selling Season Turns into Dud

Posted on May 5, 2023 by admin | 2 Comments
Spread the loveThe housing market is now in peak spring selling season. This is when sales volume surges and when home prices rise and when everything is rosy no matter…
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Despite Banking Turmoil, ECB Accelerates QT plus Hikes by 25 Basis Points. Balance Sheet Plunged by €1.12 Trillion so Far

Posted on May 5, 2023 by admin | 266 Comments
Spread the loveThe inflation outlook continues to be too high for too long,” the ECB said in its announcement today. “We had long discussions about core inflation and underlying inflation,”…
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A Wave of Massive Job Layoffs Gains Momentum

Posted on May 5, 2023 by admin | 173 Comments
Spread the loveA wave of massive layoffs that hit dozens of US companies toward the end of 2022 shows no sign of slowing down into 2023.  Shopify is the latest…
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Switzerland Wants Children to Eat Less Chocolate, More Insects

Posted on May 4, 2023 by admin | 1,825 Comments
Spread the loveMAUR, Switzerland—In this land of cheese and chocolate, children are being schooled in the more subtle pleasures of eating mealworms, locusts and crickets. On a recent morning, students…
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Russia accuses U.S. of being behind Kremlin ‘attack’; Ukraine says drone incident was staged

Posted on May 4, 2023 by admin | 260 Comments
Spread the loveRussia has been accused of staging an alleged drone attack on the Kremlin that it blamed on Ukraine (and the U.S., according to the latest comments from the…
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Just in Time for ECB Rate-Hike Meeting: Eurozone Services Inflation Spikes to New Record. Overall Inflation Re-Accelerates

Posted on May 4, 2023 by admin | 153 Comments
Spread the loveIn the 20 countries that now use the euro, the annual rate of inflation in services rose to 5.2% in April, another record in the data going back…
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Fed Raises Interest Rates to 16-Year High, as Economy Falters

Posted on May 4, 2023 by admin | 175 Comments
Spread the loveFederal Reserve officials signaled they might pause raising interest rates now after approving another increase at their meeting that concluded Wednesday. “People did talk about pausing, but not…
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Troubled California Bank PacWest Craters 60% On Report It Is Seeking Buyers Or Capital Raise

Posted on May 4, 2023 by admin | 159 Comments
Spread the loveEarlier today, when Jerome Powell openly lied to the American People during the FOMC press conference stating without a hint of irony that the US banking system is…
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The Truth Central May 3, 2023: The Push for Net-Zero Emissions is Not Based in Reality; Regional Banks’ Stocks Falling

Posted on May 3, 2023 by admin | 134 Comments
Despite the Green Agenda's increasing damage to the US economy (as well as that of the EU), the Climate Change fanatics in power continue to spend increasing amounts of money…
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U.S. providing $300M in more aid to Ukraine

Posted on May 3, 2023 by admin | 282 Comments
Spread the loveOil depots were ablaze in both Russia and Ukraine on Wednesday as both sides escalated a drone war targeting infrastructure ahead of Kyiv’s planned spring counter-offensive to try…
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Corsi: The Push for ‘Net Zero Emissions’ is Climate Hoax Fiction, Not Energy Reality

Posted on May 3, 2023 by admin | 268 Comments
Spread the loveLast August, Mark Mills, a senior fellow at the Manhattan Institute, published a prescient report entitled “The ‘Energy Transition’ Delusion: A Reality Reset.” The report demonstrates convincingly that…
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Green Energy Industry Admits It Needs Cheap Chinese Goods To Survive

Posted on May 3, 2023 by admin | 272 Comments
Spread the loveThe green energy industry is scrambling as Congress pushes forward with legislation that would impose costly tariffs on Chinese solar panels, a move that industry leaders say would…
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