Fed Chair Powell Indicates Interest Rate Cuts Ahead
August 23rd, 2024haha Shocker: U.S. Jobs Revised Down By 818,000, Second Worst Revision In History:
At the end of the day, all this does is cement the Fed’s 25bps rate cut next month.
Via: ZeroHedge:
Powell’s comments confirmed that a September rate cut is coming, as he said “the time has come for policy to adjust”, with traders on the lookout for clarity regarding the magnitude of the cut.
Images Show Utopian City ‘Telosa’ Planned For U.S.
August 23rd, 2024What to do until the first private burbclave gets built?
I wonder if it will have a Yoshinoya:
Via: Newsweek:
One of America’s top billionaires is backing the construction of a 15-minute city in the middle of the American West desert, called Telosa.
The city, which is the brainchild of former Walmart president Marc Lore, hopes to have five million residents by 2050, and would be built using sustainable, eco-friendly structures. While no set timeline for construction has been announced, the project has said that the first residents will be “ready to move in 2030.”
Concept images of the city show futuristic cable-car systems, miles of greenhouses and solar panels, and the city’s centrepiece skyscraper, the Equitism Tower. Cars that use traditional fossil fuels for power will be banned in the city.
The city would start out with a population of 50,000 people, before growing to reach five million. Lore aims to build Telosa in Appalachia, or the American West desert, on cheap land.
Immigration, World Poverty and Gumballs
August 23rd, 2024This is from 2010.
Via: NumbersUSA:
Richard Medhurst: Journalist Critical of Israeli Genocide in Gaza Arrested in UK
August 22nd, 2024Via: Richard Medhurst:
RFK Jr. to Address His Candidacy on Friday in Arizona, Where Trump Is Set to Hold a Rally
August 21st, 2024Update: RFK Jr.: “We Are in a Kind of Cold Civil War”
America is lucky it’s not in a civil war right now, yet we are in a kind of cold civil war. What is this experiment we call America? Let us look back and remember who we are, and how our greatest leaders—like Abraham Lincoln—comported themselves in the face of civil war. We must… pic.twitter.com/KiaHXYpPph
— Robert F. Kennedy Jr (@RobertKennedyJr) August 21, 2024
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Trump has had 6 court battles to fight during this election, while we have 9 and counting across the country. By bringing these suits against political opponents, the Democrats bankrupt the underpinnings of democracy. What the Democrats consider common course to win elections is… pic.twitter.com/VrGWO9MH7k
— Nicole Shanahan (@NicoleShanahan) August 21, 2024
Via: New York Post:
Robert F. Kennedy Jr. may drop out of the presidential race this week as his campaign announced Wednesday that he will discuss the future of his candidacy – one day after his running mate revealed he was mulling whether to “join forces” with former President Donald Trump.
Trump, 78, is set to hold a rally about a 30-minute drive away in Glendale, Arizona later in the day Friday.
U.S. Jobs Revised Down By 818,000, Second Worst Revision In History
August 21st, 2024Via: ZeroHedge:
At the end of the day, all this does is cement the Fed’s 25bps rate cut next month.
“Switzerland Moves Towards Cashless Future with Instant Payments”
August 21st, 2024Optional, for now.
Via: AFP:
Switzerland’s new instant payment system will bolster the future of cashless payments in the country, the Swiss central bank said Wednesday after the scheme went live.
The Swiss National Bank said around 60 financial institutions were now able to receive and process instant payments, covering more than 95 percent of Swiss retail payment transactions, following Tuesday’s market launch.
“By end-2026 at the latest, all financial institutions active in retail payment transactions will be reachable,” the SNB said in a statement.
The central bank said the first institutions had already launched retail offerings enabling customers to send instant payments, with further banks to follow in the coming months.
“Instant payments allow private individuals and companies to perform account-to-account transactions with immediate execution and final settlement in seconds,” around the clock, the SNB said.
…
The SNB’s latest Payment Methods Survey of Companies in Switzerland, published in February, found that “cash acceptance continues to be high”, and said there was “a broad desire among the population for cash to continue to be available as a payment method”.
Calley & Casey Means: “The System Is Rigged Against the American Patient to Create Diseases and Then Profit Off of Them”
August 21st, 2024Highly recommended.
Via: Tucker Carlson:
Casey Means was a Stanford-educated surgeon. Her brother Calley was a lobbyist for pharma and the food industry. Both quit their jobs in horror when they realized how many people were being killed by the systems they participated in. This is an amazing story.
(0:54) Who Are… pic.twitter.com/1oIVLvPlAv
— Tucker Carlson (@TuckerCarlson) August 16, 2024
Book: Good Energy: The Surprising Connection Between Metabolism and Limitless Health by Casey Means MD
New Samsung Solid-State EV Battery has 600-Mile Range and Charges in 9 Minutes…
August 21st, 2024As I read about Samsung’s new solid state battery, I started to wonder, “What’s the catch?”
These batteries require about 1KG of silver per vehicle:
He noted that while official numbers are currently unavailable, estimates show that there could be as much as five grams of silver per cell in Samsung’s solid-state batteries, meaning “a typical EV battery pack containing around 200 cells for a 100 kWh capacity could require about 1 kg of silver per vehicle.”
Via: Tech Spot:
Samsung recently pulled back the curtain on its latest battery innovations aimed at powering tomorrow’s electric vehicles. From solid-state cells promising over 600 miles of range to ultra-fast charging and extended lifespans, the tech giant laid out an ambitious roadmap.
Samsung’s oxide solid-state batteries, now in pilot production and testing with automakers, boast an impressive energy density of around 500 Wh/kg – roughly double that of today’s mainstream EV batteries. The Elec notes the batteries have an unbelievably quick time to full-charge of just nine minutes and lifespans up to an incredible 20 years.
Drone Incursions Over Palmdale Skunkworks Factory
August 20th, 2024Via: The War Zone:
The U.S. Air Force’s Plant 42 in California, America’s premier hub for advanced aerospace development work, especially highly classified military programs, has seen a wave of mysterious drone incursions in recent months. The incidents have now become serious enough to prompt the Federal Aviation Administration (FAA) to impose new, if temporary flight restrictions around the sprawling high-security facility. The Air Force acknowledged these incidents in response to our questions about purported sightings of unidentified flying objects (UFOs) in the area which became viral on social media over the weekend and that local law enforcement appears to have received no reports about.
Palmdale Regional Airport shares the runways with Plant 42, which is home to Lockheed Martin’s famed Skunk Works advanced projects division, as well as similar arms of both Northrop Grumman and Boeing. NASA also has a flight testing center there. As a prime example of the work that goes on at Plant 42, it is where Northrop Grumman has been building the U.S. Air Force’s new B-21 Raider stealth bombers. America’s most sensitive and ‘bleeding edge’ aerospace weaponry emerges from this facility, so security at the installation, which is located in a relatively urban area, is taken very seriously.
