Archive for the 'Economy' Category

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Federal Taxes, Spending and Deficit All Set Records Through February

March 11th, 2021

Via: CNS News: Federal taxes, federal spending and the federal deficit all set records in the first five months of fiscal 2021 (October through February), according to the Monthly Treasury Statement released today. This is the first time that the federal deficit has ever exceeded a trillion dollars in the first five months of the […]

‘So… Just How Concerned Should We Be About America’s $28 Trillion Debt?’

March 4th, 2021

Via: WLBT: And if you keep stacking the $100 bills, eventually past the peak of the world’s tallest building, going a little over half-a-mile into the air, this would be one billion dollars. But we’re going for a trillion. This would have you stacking $100 bills into the stratosphere and past the International Space Station. […]

Reasons Why Bill Gates Is Now America’s Biggest Farmland Owner

February 28th, 2021

The inflation hedge is definitely a part of it, but my guess is that future production of dangerous frankenpHood is the main driver. Via: New York Post: For investors who know what they’re doing, agricultural land offers financial stability in uncertain times. “Farmland has had a remarkably consistent ability to hedge against inflation,” Sherrick says. […]

Schwab Family Values

February 25th, 2021

Via: Unlimited Hangout: On the morning of 11 September 2001, Klaus Schwab sat having breakfast in the Park East Synagogue in New York City with Rabbi Arthur Schneier, former Vice President for the World Jewish Congress and closely associate of the Bronfman and Lauder families. Together, the two men watched one of the most impactful […]

Google’s Eric Schmidt & The Artificial Intelligence Military-Industrial Complex

February 25th, 2021

Via: The Last American Vagabond: In late January, the National Security Commission on Artificial Intelligence (NSCAI), or the AI Commission, released a draft of their upcoming report to Congress, rejecting calls to ban AI-powered autonomous weapons, characterized by critics as “killer robots”. While the AI Commission did briefly address privacy and civil liberties concerns, they […]

Arizona’s $24-Million Prison Management Software Is Keeping People Locked Up Past The End Of Their Sentences

February 25th, 2021

In other news, NAACP lawsuit targets Arizona private prisons, accuses state of practicing slavery. And now… Via: TechDirt: The Arizona Department of Corrections is depriving inmates of freedom they’ve earned. Its $24 million tracking software isn’t doing what it’s supposed to when it comes to calculating time served credits. That’s according to whistleblowers who’ve been […]

Entire Federal Reserve Payment System Crashes

February 25th, 2021

Via: Economic Policy Journal: The United States Federal Reserve wire systems went down completely at around around 11:15 a.m ET, making it impossible for banks and other financial institutions to transfer money. The interruption impacted multiple Fed services, including its pivotal automated clearinghouse system, which connects depository and related institutions send electronic credit and debt […]

The U.S. Air Force Just Admitted The F-35 Stealth Fighter Has Failed

February 24th, 2021

$1.5 trillion later… Via: Forbes: The U.S. Air Force’s top officer wants the service to develop an affordable, lightweight fighter to replace hundreds of Cold War-vintage F-16s and complement a small fleet of sophisticated—but costly and unreliable—stealth fighters. The result would be a high-low mix of expensive “fifth-generation” F-22s and F-35s and inexpensive “fifth-generation-minus” jets, […]

First Look Inside St. Louis’ “Hooverville-Style” Tiny Home Village For Homeless

February 21st, 2021

Via: ZeroHedge: A modern-day “Hooverville” has been constructed in St. Louis, Missouri, consists of dozens of people who have been left behind in the “K-shaped” recovery. The tiny house village, a temporary housing program erected by the city, is located off Jefferson Avenue just north of downtown. The shanty village built during the pandemic depression […]

Bill Gates Goes Full Captain Planet, Wants To Change ‘Every Aspect Of Economy’ While We Dine On Fake Meat

February 15th, 2021

Via: ZeroHedge: Microsoft founder Bill Gates is pushing drastic and ‘fundamental’ changes to the economy in order to immediately halt the release of greenhouse gasses – primarily carbon dioxide – and ‘go to zero’ in order to save the planet from long-prognosticated (and consistently wrong) environmental disaster.

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