The current trend in money-supply growth is a big turnaround from the many months of depression-level contractions we saw in 2022 and 2023.
The Dangerous Tim Walz
Walz is a “progressive” of the worst sort.
NewsWare’s Trade Talk: Thursday, August 15 | NewsWare‘s Trade Talk
S&P Futures are displaying gains this morning ahead of a number of economics reports due out before the opening bell. This mornings Retail Sales and Jobless Claims are key reports as they provide a real insight into the health of the economy. A host of 13F filing came in after the bell displaying position adjustments by the major hedge funds. Markets are pricing in earnings beats from CSCO, JD DE & NICE. WMT release is pending. After the bell today AMAT is scheduled to report. China’s economic reports overnight were mixed, U.K. GDP came in at +0.6%. Oil prices are positive this morning with the Ceasefire talks happening today. In Europe, all three of the major indexes are flat to higher and awaiting economic data releases from the U.S.
Kamala Harris to Announce Soviet-Style Price Controls on Food Under Guise of ‘Gouging Ban’
Soviet-style centrally administered price controls on food and grocery prices will form part of the federal economic proposals U.S. Vice President Kamala Harris will unveil Friday when she finally delivers an insight into her 2024 policies.
The post Kamala Harris to Announce Soviet-Style Price Controls on Food Under Guise of ‘Gouging Ban’ appeared first on Breitbart.
Vast Stretches Of America Are So Depressed That They Look Like Something Out Of A Horror Movie
by Michael Snyder, The Economic Collapse Blog: The wealthy are doing just fine at the moment, but they don’t seem to understand that much of the country is deeply hurting right now. 59 percent of Americans believe that the U.S. economy is currently experiencing a recession, and that is because most of them are personally experiencing economic […]
Markets Quake as Monopolist Capital Pursues a Technological Coup
A serious omission is notable in the circulating list of suspects responsible for the early August quake in global risk-on markets. This is the role of “monopoly capital” in stimulating wild technological change which by-passes potential benign control by the invisible hands of free markets. In assessing the charge against monopoly capital, the concept of…
Hurricane Ernesto Public Advisory
…HURRICANE WARNING IN EFFECT FOR BERMUDA… …DANGEROUS RIP CURRENTS LIKELY ALONG U.S. EAST COAST BEACHES THIS WEEKEND…
As of 8:00 AM AST Thu Aug 15
the center of Ernesto was located near 24.5, -69.3
with movement N at 13 mph.
The minimum central pressure was 975 mb
with maximum sustained winds of about 85 mph.
A Review of Nock’sThe Theory of Education in the United States
In writing about the scope and history of education in the U.S., Albert J. Nock had high hopes for its future. Even though much of it has degenerated into wokeism and outright mediocrity, there always seem to be green shoots of learning coming from those who still value learning.
Massachusetts Set For Record Number Of Deportations Despite Sanctuary State Status
Massachusetts Set For Record Number Of Deportations Despite Sanctuary State Status
Authored by Eric Lundrum via American Greatness,
The state of Massachusetts, which considers itself to be a “sanctuary state” for illegal aliens, is set to carry out a record-high number of deportations of illegals.
As reported by the Daily Caller, the Department of Homeland Security (DHS) has filed over 44,000 deportation cases in Massachusetts in the first nine months of fiscal year 2024. If new cases continue at this pace, then the end of the fiscal year could see as many as 59,000 deportation cases. The previous record was 54,000 in fiscal year 2023, which previously set the record for the highest number of cases in about 25 years.
Despite previously voicing her support for open borders and vowing to keep the state a “sanctuary” for illegals, Governor Maura Healey (D-Mass.) declared in July that the state would limit the length of time that an illegal could stay at state-run overflow shelters, bringing it down to just five days per illegal.
This rule was implemented at all four overflow shelters, located in Cambridge, Chelsea, Lexington, and Norfolk. These shelters previously allowed illegals to stay for up to 30 days, with the option to simply re-apply for another 30 days indefinitely.
The governor’s office also pledged to pay for plane tickets and all travel expenses just to send illegals out of the state.
“I want to be clear, particularly to people outside of Massachusetts who may have gotten word that this is a place to come, that we do not have room here in Massachusetts,” said Healey during her press conference last month.
In a separate press release around the same time, Healey declared that “Massachusetts is out of shelter space, and we simply cannot afford the current size of this system.”
“That’s why we are making changes to [Emergency Assistance] prioritization and transitioning our safety-net sites to five-day temporary respite centers,” she added.
Healey’s stunning reversal on immigration reflects a broader trend of prominent Democrats who once supported mass migration, asylum, and amnesty for illegals, but who have since flip-flopped and now favor crackdowns on such hordes of illegals flooding into the country.
Other examples including New York City Mayor Eric Adams (D-N.Y.), who has been facing an onslaught of illegals pouring into his city due to it being the single most popular destination for illegals who come into the United States.
Tyler Durden
Thu, 08/15/2024 – 06:30
Japan cancels flights and trains as another typhoon approaches
Hundreds of Japanese flights and trains were cancelled Thursday in the middle of a major holiday week as another typhoon roared towards the archipelago. Days after Tropical Storm Maria dumped record rains, Typhoon Ampil was set late Thursday to skirt the Tokyo region — home to almost 40 million people — and then churn up […]
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