Archive for the 'Economy' Category

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“Suitcases Full Of Drug Money”: Credit Suisse Found Criminally Guilty in Money-Laundering Case Tied to Cocaine Ring

June 28th, 2022

Via: ZeroHedge: Another day, another dismal development for the 2nd largest (but most damned) Swiss bank. On Monday, Credit Suisse Group was convicted of failing to prevent money laundering by a Bulgarian cocaine trafficker, in the first ever criminal conviction of a major Swiss bank in the country’s history. The verdict, in which a former […]

Just How Much Federal Pork And Waste Are Your Tax Dollars Funding

June 27th, 2022

Via: Open the Books: Delving into the trillions of dollars in annual spending, our auditors at OpenTheBooks.com, recently examined Washington’s discretionary spending—beyond such big-ticket items as health, welfare and defense. We found staggering examples and highlighted some of the worst in our new oversight report, Where’s The Pork? … Nearly $7 million was spent on […]

More Vaccine-Injured Pilots Speak Out as Groups Pressure Airlines, Regulators to End Mandates

June 20th, 2022

Via: The Defender: Sharp chest pains. Myocarditis and pericarditis. Heart attacks. Strokes and subsequent blindness. These are just some of the many COVID-19 vaccine-related adverse events reported by commercial airline pilots and by a growing number of advocacy groups representing aviation industry workers. According to these individuals and groups, the number of pilots speaking out […]

Catherine Austin Fitts: It’s Not a Turndown, It’s a Takedown

June 20th, 2022

Via: USA Watchdog: There is an official narrative, and the official narrative is they’ve got to stop inflation. . . . Let’s look very simply at what happened. They voted on the direct reset. Then they injected $5 trillion into the economy that went to the insiders. Then they used Covid to shut down the […]

Transit Ban on Some Goods to Kaliningrad

June 20th, 2022

Via: Guardian: Russia has condemned a ban imposed by Lithuania on the transit of some goods across its territory to its Baltic Sea exclave of Kaliningrad, as Vladimir Putin’s spokesperson said Moscow would defend its interests. There was panic buying in Kaliningrad over the weekend after authorities in the Russian region claimed Lithuania was preparing […]

Fifth Largest U.S. Life Insurance Company Paid Out 163% More for Deaths of Working People Ages 18-64 in 2021

June 17th, 2022

Via: Crossroads Report: Five months after breaking the story of the CEO of One America insurance company saying deaths among working people ages 18-64 were up 40% in the third quarter of 2021, I can report that a much larger life insurance company, Lincoln National, reported a 163% increase in death benefits paid out under […]

Heat Stress Kills Estimated 10,000 Head of Kansas Feedlot Cattle

June 15th, 2022

Via: Progressive Farmer: The current heat wave blazing through Kansas feedlots has killed an estimated 10,000 head of fat cattle. Final death numbers continue to come in, but that early estimate was shared with DTN by livestock experts, who put the geographical center point for those deaths at Ulysses, Kansas. … Large losses in feedlots […]

Fed Hikes Rates By The Most In 28 Years

June 15th, 2022

Mmm hmm. Strongly committed to fighting inflation. Current U.S. National Debt: $30.5 Trillion. Via: ZeroHedge: The Fed hiked rates by a stunning (but expected) 75bps – the biggest hike since 1994. Esther George dissented (preferring 50bps). Fed expresses that is “strongly committed” to fighting inflation.

Ex-Google CEO Eric Schmidt’s New Investment Firm Deepens His Ties to the U.S. Military

June 9th, 2022

Via: Recode: Perhaps most interesting is Schmidt’s connection to AFF CEO Gilman Louie. Louie was one of 15 commissioners on the National Security Commission on Artificial Intelligence (NSCAI), where Schmidt was chair. From 2018 to 2021, the commission developed policy recommendations on how AI could be used to promote US national security. Their work was […]

The Biggest Reshuffle Of Oil Flows Since The 1970s

June 8th, 2022

Via: Oilprice.com: The biggest reshuffle of oil trade flows since the Arab oil embargo of the 1970s is underway—and things may never return to normal. The Russian invasion of Ukraine and the sanctions on Russian oil exports are changing global oil trade routes. Over the past nearly five decades, oil flowed more or less freely […]

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