13 months after divesting from BlackRock, WV Treasury Investments top $10B, beat BR, Goldman Sachs, JP Morgan, and more: 103.7 FM
States are already starting to divest from Blackrock.
Blackrock shareholdings: Stockzoa
Blackrock shareholdings: Stockzoa
American Rescue Plan Act makes two big changes to Affordable Care Act: Wipfli
May 04, 2021
How to Close a PayPal Account: Stilt
PayPal recently announced it would fine people for being racist, anti-vax, or otherwise normal aware people. They eventually walked this back, but we should all delete our PayPal accounts if we are able to.
The Forum of Young Global Leaders Annual Report 2015-2016: World Economic Forum
They are committed to making the world a better place. And some people think there is something sinister about this!
What Happens if you Don't Report Cryptocurrency on your Taxes?: Ledgible
If you don't report cryptocurrency on your taxes, you could be subject to a number of penalties from the IRS. You could be fined, arrested, or even have your assets seized.
Fact-Checking Team Biden on Who Those 87,000 New IRS Agents Would Audit: The Heritage Foundation
They are going to audit you, goy!
How to Close a PayPal Account: Stilt
We all need to do this.
The Fate of Putin's Jewish Oligarchs: Tablet Magazine
It's a Jewish magazine writing about Jews for Jews.
Elon Musk Takes 9.2% Stake in Twitter After Hinting at Shake-Up: Sputnik News
Will they still delete his tweets?
Investors turn to crypto funds, companies as Russia-Ukraine crisis escalates: Reuters
New Citi GPS Report Estimates $16 Trillion in Lost GDP Due to Racial Inequality in the United States: Busines Wire
Okay, this is pretty stupid. They are say, "Whitey, if you weren't doing all that racism at black people, everyone would be rich." Of course, another way of looking at the problem would be "If black people could act like white people, everyone would be rich."
Anyway, here is the Citibank cover page for the study, and here is the study itself.
Introducing the 'Great Reset,' world leaders' radical plan to transform the economy: The Hill
As talked about on the Patrick and Jeremy Show!
Who said what at Davos 2020: CNBC
Cramer says he wants to see if Moderna execs sell stock before believing early vaccine developments: CNBC
This is something we should pay attention to.
A Left-Right Populist Agenda To Take Jobs Back From China: Siddak Ahuja from TAC
Siddak Ahuja is a student at McGill University studying Political Science and International Development. His interests include critiquing Identity Politics, and assessing the rise of Socialist and Conservative populism. He has been published in Common Dreams and The Post Millennial. My Twitter handle is: @SiddakAhuja
Doctors With Hacksaws: How The Donald's Civil War-Style Surgeons Amputated the Economy : David Stockman from Lew Rockwell
Moderna Falls From Record as Euphoria of Vaccine Data Wears Off: Bloomberg
Moderna conducted this vaccine trial in collaboration with Fauci's National Institutes of Allergy and Infectious Diseases. Also, it's chief medical officer is an Israeli. And it's top executives sold off their own shares at the top.
Ben Carson: This economic crisis was 'intentional': Fox and Friends
You'd think this guy would be smart enough to know that he's not allowed to speak common sense in public. Isn't he a rocket scientist or something?
The Coming Breakdown Of U.S. & Global Markets Explained… What Most Analysts Miss: Talk Markets
As talked about on National Bugle Radio
And They're Gone! The Obscenity of Dr. Fauci's Jobs-Maggedon : David Stockman from Lew Rockwell
Check these staggering statistics and charts.
Treasury says April-June borrowing will be a record $2.99T: From AP and KSAT San Antonio
WASHINGTON â€" The economic paralysis triggered by the coronavirus pandemic is forcing the U.S. Treasury to borrow far more than it ever has before â€" $2.99 trillion in the current quarter alone.
The amount is more than five times the government's previous record borrowing for a quarter, $569 billion, set in the depths of the 2008 financial crisis. It also dwarfs the $1.28 trillion the government borrowed in the bond market for all of 2019.
David Stockman on the Destruction of the Financial Markets and What it Means for You: David Stockman from Lew Rockwell
Why the US Federal Reserve turned again to BlackRock for help: Financial Times
Oil Crashes 57%, On Track for Lowest Close on Record : Jonathan Garber from Fox Business
The May contract is a "horror show" and "heading into the worst delivery situation in history," Phil Flynn, senior market analyst at Price Group Futures, told FOX Business. "With demand still dead and OPEC+ cuts not hitting fast enough, the market looks like it has no bottom."
We Should Have Let The 'Too Big' Fail In 2008: Gene Callahan from TAC
Europe needs €1.5 TRILLION to recover or single market could 'break in two' â€" EU economy commissioner: From RT
The European Union urgently requires financial injections to stay afloat and survive the coronavirus epidemic currently ravaging the continent, the European commissioner for economy, Paolo Gentiloni, has warned.
A whopping €1.5 trillion ($ 1.63 trillion) could be needed to "deal with this crisis," Gentiloni told Der Spiegel ahead of the EU leaders summit on the crisis sparked by the outbreak of Covid-19.
The commissioner for economic and financial affairs said that Europe is going through the "worst crisis" since WWII, which threatens the very existence of the EU as a single economic and political entity. Gentiloni cited an International Monetary Fund (IMF) forecast, saying the EU could see an unprecedented 7.5 percent drop in GDP this year. In 2009, during the global financial crisis, the EU's GDP fell by only 4.4 percent.
Oil Prices Reach $15 for First Time in 21st Century : From RT
A gruesome combination of crumbling demand for crude and global storage filled to its brim has pushed oil prices to levels not seen in over two decades.
US benchmark, West Texas Intermediate, has fallen to the $15 range as global economies remain on lockdown due to the Covid-19 pandemic, crushing crude demand. To add insult to injury, global oil storage is reaching its limits. The situation is so dire, in fact, that the Department of Energy is even considering paying domestic oil producers to keep crude in the ground.
Weimar America, Here We Come! Virus Hysteria Adds $10 Trillion to the National Debt: Mike Whitney from Unz Review
What readers need to realize is that the Treasury has accepted the credit risk for all of the loans that default. In other words, the American people are now on the hook for 100% of all of the loans that go south, and there's going to be alot of them because the banks have no reason to find creditworthy borrowers. They get a 5% cut off-the-top whether the loans blow up or not. And, that, my friend, is how you incentivize fraud which, as Bernie Sanders noted, "is Wall Street's business model."
'F-You, Main Street!' Federal Reserve will now buy junk bonds while it bails out banks and billionaires: Mitchell Feierstein from RT
In less than a month 17 million Americans have applied for unemployment, while the Federal Reserve has focused on bailing out board rooms, billionaires, bankers and builders. Let them all fail.
Last week I wrote about Wall Street corruption and fraud in the $6 trillion "rescue package". CEOs depleted assets, took home record pay and bonuses and then, months later, came hat in hand begging for bailouts.
Jerome Powell's unelected US Federal Reserve, in less than a fortnight, has elevated moral hazard to new levels of insanity with the launch of a $2.2 trillion round of bailouts for bankers, billionaires and builders. As part of this bailout, the US Treasury is providing half a trillion dollars in backstop cash in case some of the Fed's risky loans explode â€" which they will.
Not Your Grandfather's Recession: David Stockman from Lew Rockwell
So, yes, some politically incorrect pundit is likely to note that there are now:
47 jobless workers for every confirmed coronavirus case;
320 jobless for every hospitalization; and
2,112 jobless for every coronavirus death.
Moreover, it virtually certain that cumulative initial claims will hit 20 million before the end of April, thereby doubling the above ratios. That is to say, do they really want 100 jobless workers for every case of a bad winter flu?
A mounting casualty of coronavirus crisis: Health care jobs: From Fox29 San Antonio
U.S. Employers Shed 701,000 Jobs in March: Unemployment Jumps to 4.4% as Coronavirus Ravages the Economy : From Fox Business Report
U.S. deaths, joblessness mount as coronavirus exacts toll on Americans: Reuters
Joblessness leads to deaths.
Oil's Coronavirus Slide Nowhere Near Bottom : From Fox Business
The Eurozone In Crisis? New President of the European Central Bank (ECB) has a Criminal Record. Christine Lagarde: Michel Chossudovsky from Global Research
International Monetary Fund chief Christine Lagarde has been convicted over her role in a controversial €400m (£355m) payment to a businessman.
French judges found Ms Lagarde guilty of negligence for failing to challenge the state arbitration payout to the friend of former French President Nicolas Sarkozy [Bernard Tapie].
The 60-year-old, following a week-long trial in Paris, was not given any sentence and will not be punished.
.
The Court of Justice of the Republic, a special tribunal for ministers, could have given Ms Lagarde up to one-year in prison and a €13,000 fine. (The Independent, December 19, 2016, emphasis added)
PHRMA IS FUNDING A DEMOCRATIC THINK TANK TRYING TO DERAIL MEDICARE FOR ALL: Akela Lacy from The Intercept
The American Conservative and Kelley Beaucar Vlahos join Akela Lacy of The Intercept in exposing Big Pharma's premier Lobbying Leviathan.
Can Global Coronavirus-Induced 'Gold Rush' Indicate Weakness in Dollar?: Tim Korso from Sputnik
"Gold is popular with survivalists and conspiracy theorists but it is also a sensible addition to investment portfolios because its price tends to be relatively stable. It is especially in-demand during economic crises as a shield against inflation. When the Federal Reserve floods the economy with cash, like it is doing now, dollars can get less valuable", the publication said. (No shit.)
'Swamp Creatures' Attack Effort To Make Medicines American Again: Kelley Beaucar Vlahos from TAC
Big Pharma sends phalanx of lobbyists out to kill a measure that would reduce dependency on China. Classic.
Russia Strikes Back Where It Hurts: American Oil: Scott Ritter from TAC
Amid mounting sanctions aimed at crippling Moscow's economy, Putin seems resolved to do the same to Trump's re-election.
The Corrupt Senators and Coronavirus : Daniel Larison from TAC
Soon after he offered public assurances that the government was ready to battle the coronavirus, the powerful chairman of the Senate Intelligence Committee, Richard Burr, sold off a significant percentage of his stocks, unloading between $628,000 and $1.72 million of his holdings on Feb. 13 in 33 separate transactions.
As the head of the intelligence committee, Burr, a North Carolina Republican, has access to the government's most highly classified information about threats to America's security. His committee was receiving daily coronavirus briefings around this time, according to a Reuters story.
Four senators sold stocks before coronavirus threat crashed market: Sylvan Lane from The Hill
Four senators sold stocks shortly after a January briefing in the Senate on the novel coronavirus outbreak, unloading shares that plummeted in value a month later as the stock market crashed in the face of a global pandemic.
According to financial disclosure forms, Sens. Kelly Loeffler (R-Ga.), James Inhofe (R-Okla.), Dianne Feinstein (D-Calif.) and Richard Burr (R-N.C.) each sold hundreds of thousands of dollars in stocks within days of the Senate holding a classified briefing on Jan. 24 with Trump administration officials on the threat of the coronavirus outbreak.
Russia Says It Can Weather $25 Oil For Up To 10 Years: Tyler Durden from Zero Hedge
Now that both OPEC+ and OPEC no longer exist, and it's a free-for-all of "every oil producer for themselves" and which Goldman described as return to "the playbook of the New Oil Order, with low cost producers increasing supply from their spare capacity to force higher cost producers to reduce output", the key question is just how long can the world's three biggest producers - shale, Russia and Saudi Arabia... sustain a scorched-earth price war that keep oil prices around $30 (or even lower). . . .
Incidentally, this may explain why over the past two years, Putin has been busy dumping US Treasury and hoarding gold: he was saving liquidity for a rainy day, and as millions of shale workers are about to find out today, it's pouring.
TEXAS 'I'm going to be very poor': Houston rodeo vendors devastated by the cancellation of the festival: From KPAC via KSAT
The human face of the financial destruction and havoc wrought by Covid-19.
Saudis want to flood Europe with cheap oil to squeeze out Russia, claims US media: From RT
Global markets crash as US bans European flights over CORONAVIRUS PANDEMIC: From RT
https://www.rt.com/business/482943-us-markets-face-another-bloodbath/: From RT
Global stocks hammered as coronavirus cases surge in South Korea and Italy: Before the Bell from CNN
Hong Kong/London (CNN Business)Stock markets are falling around the world after the number of coronavirus cases surged in Italy and South Korea, putting two more major economies at risk from a virus that has already caused widespread disruption in China.
Economic Expert Discloses US-Saudi Arabia Agreement on Yemen's Oil Reserves: From the Tehran Times
"Saudi Arabia has signed a secret agreement with the US to prevent Yemen from utilizing its oil reserves over the past 30 years," Yemeni Economist Hassan Ali al-Sanaeri told FNA on Sunday.
"The scientific research and assessments conducted by international drilling companies show that Yemen's oil reserves are more than the combined reservers of all the Persian Gulf states," he added.
U.S. Budget Deficit Surpassed $1 Trillion in 2019, Largest Since 2012: From RT
All About Putin's $14 Billion Natural Gas Plant in Siberia, the 2nd Largest in the World : F. William Engdahl from Russia Insider via RBN
The Builders : Robert Gore from Straight Line Logic
White House intervenes in General Motors strike: Politico
Procter & Gamble writes down Gillette business but remains confident in its future: CNBC
This has to have something to do with Gillette's horrible anti-white MeToo ad.
Trump's Budget Deficits Could Double Obama's: Chuck Jones from Forbes
Trump's Budget Deficits Could Almost Double Obama's: Chuck Jones for Forbes
Facebook Wants Its Own Internet Currency: That Should Scare Us All: Rohan Grey from The Nation
A Bank With a $49 Trillion Exposure to Derivatives is Melting Down Before Our Eyes: From the Economic Collapse Blog
USMCA Faces Democratic Opposition in the House, Despite Hope for Ratification by Year End : Steve Byas from The New American
Goodbye, Dollar! It Was Nice Knowing You!: Philip Giraldi for the Strategic Culture Foundation
Global Indices: Bloomberg
All sorts of indices about a bunch of different markets.
Bond summary: Bloomberg
Currency summary: Bloomberg
Stock summary: Bloomberg