Showing posts with label CNBC. Show all posts
Showing posts with label CNBC. Show all posts

Thursday, March 14, 2024

The record gold close for now was 2188.60 on Monday 3/11/24

 


Inflation more durable than policymakers had anticipated, Joe Biden most hurt

 This week provided a reminder that inflation isn’t going away anytime soon :

The bad news began Monday when a New York Federal Reserve survey showed the consumer expectations over the longer term had accelerated in February. It continued Tuesday with news that consumer prices rose 3.2% from a year ago, and then culminated Thursday with a release indicating that pipeline pressures at the wholesale level also are heating up. ...

The latest jolt on inflation came Thursday when the Labor Department reported that the producer price index, a forward-looking measure of pipeline inflation at the wholesale level, showed a 0.6% increase in February. That was double the Dow Jones estimate and pushed the 12-month level up 1.6%, the biggest move since September 2023.

 


Friday, March 1, 2024

Weimar America

 

Thursday, February 29, 2024

We have the Napoleon wannabe in Paris, Emmanuel Macron, threatening to send in NATO troops, to thank for Putin's explicit threat to use nuclear weapons

Referring to French President Emmanuel Macron’s refusal to rule out sending western troops to Ukraine this week, Putin said Russia remembered “the fate of those who once sent their contingents to our country. “Now the consequences for possible interveners will be much more tragic,” he added. “We also have weapons that can strike targets on their territory.”

CNBC similarly here:

The comments appeared to be a direct response to French President Emmanuel Macron’s suggestion earlier this week that European heads of state and Western officials, who had met in Paris on Monday, had talked about the possibility of sending ground troops into Ukraine.

The French leader on Monday said there was no consensus on the idea, but that it had not been “ruled out.”

The comments have since sent NATO countries scrambling to deny they’d send troops into Ukraine, with Russia warning that such a deployment would prompt an “inevitable” Russia-NATO conflict.

 

Wednesday, February 21, 2024

Democrats still think they can buy black people and votes

 

Dual citizen Agent of the British Crown bribes US Supreme Court justice

3.9 million votes for $138 billion and counting

Wednesday, February 14, 2024

NATO chief concedes Trump has a point lol

 Stoltenberg knows damn well he might have to deal with Trump again if he's elected in November, and isn't about to alienate him now. After the election and Trump loses? Yeah, maybe then, but not now.

Reported here:


NATO chief concedes 'valid point' of spending criticism as allies up defense budgets


NATO Secretary General Jens Stoltenberg speaks during a press conference on the third day of the International Monetary Fund and World Bank annual meeting, in Marrakech, Morocco, October 11, 2023.

NATO Secretary General Jens Stoltenberg

Susana Vera | Reuters

NATO Secretary General Jens Stoltenberg conceded to criticism that some members have been underfinancing the coalition’s defense budget, saying he expects a record 18 allies to meet their military spending goal this year.

His comments come on the footsteps of the controversial remarks of former U.S. president and Republican frontrunner Donald Trump, who said he would not protect NATO nations from Russian hostilities if they fall behind on their membership payments.

Trump’s statements kindled widespread ire from the international community, including from fellow Republicans, drawing Stoltenberg to earlier this week accuse that such a suggestion “undermines all our security.”

“The criticism that you hear is not primarily about NATO, it’s about NATO allies not spending enough on NATO. And that’s a valid point,” Stoltenberg said during a press briefing on Wednesday, in response to a question on whether Trump’s comments aligned with the broader views of Republican officials that the NATO chief has engaged.

“It’s a point and a message that has been conveyed by successive U.S. administrations that European allies and Canada have to spend more, because we haven’t seen fair burden sharing in the alliance,” Stoltenberg added. “The good news is that this is exactly what NATO allies are now doing.”

Thursday, February 8, 2024

They're not going to prosecute Joe Biden for willfully retaining and disclosing classified materials, but they are going to let grandpa Applesauce Brains stay president lol

 From special counsel Robert Hur's report here:

In his interview with our office, Mr. Biden's memory was worse. He did not
remember when he was vice president, forgetting on the first day of the interview
when his term ended ("if it was 2013 - when did I stop being Vice President?"), and
forgetting on the second day of the interview when his term began ("in 2009, am I
still Vice President?"). He did not remember, even within several years, when his
son Beau died. And his memory appeared hazy when describing the Afghanistan
debate that was once so important to him. Among other things, he mistakenly said
he "had a real difference" of opinion with General Karl Eikenberry, when, in fact,
Eikenberry was an ally whom Mr. Eiden cited approvingly in his Thanksgiving memo
to President Obama.

Our country is a giant prank played on the American people.

 Biden ‘willfully retained and disclosed classified materials after his vice presidency,’ special counsel says

But the special counsel, Robert Hur, said he was declining to prosecute Biden over his handling of classified documents about military and foreign policy in Afghanistan, and notebooks containing Biden’s entries about national security.

This is James Comey not prosecuting Hillary all over again. 

But they will prosecute Trump in his classified documents case, upcoming. 

This double standard will be all the reason people want and need to vote for Donald Trump again.

Tuesday, January 30, 2024

Norway, Europe's most anti-semitic country, is also its most fascist economy, centered in dem ebil fossil fuels lol

 Norway’s sovereign wealth fund, the world’s largest, was established in the 1990s to invest the surplus revenues of the country’s oil and gas sector. To date, the fund has put money in more than 8,500 companies in 70 countries around the world.

More.

Friday, January 19, 2024

Peter Navarro chose allegiance to the separate and equal power of the Executive, of which he was a part and which the Legislative transgressed in a political witchhunt

WASHINGTON — The Justice Department wants former Trump White House adviser Peter Navarro to spend six months behind bars after being convicted of criminal contempt of Congress for ignoring a subpoena. ...

“The Defendant chose allegiance to former President Donald Trump over the rule of law,” prosecutors wrote in Thursday’s sentencing memo.

 More.

Joe Biden buys 73k more votes, now totaling over 3.7 million

The Biden administration has now canceled more than $136 billion in student debt for over 3.7 million Americans, according to the White House.

More.

Thursday, January 18, 2024

Third continuing resolution since September passes Congress to fund federal government into March

WASHINGTON — Congress passed a bill on Thursday that would prevent a partial government shutdown this weekend and keep federal funds flowing through March 1 and March 8.

The Democratic-led Senate voted 77-18 on final passage after considering a few amendments. The Republican-led House soon followed suit, passing it by a vote of 314-108.

The bill now goes to President Joe Biden’s desk to become law before the funding expires Friday at midnight.

It is the third stopgap bill since last September as the divided Congress struggles to agree on full-year government funding bills. ...

The first stopgap bill led to the ouster of Kevin McCarthy, R-Calif., as speaker. His successor, Johnson, is seeking to avoid the same fate by selling the conservative victories in the latest deal.

More.

Pakistan retaliates against Iran with military aircraft, attacks elements of the Balochistan Liberation Front just across the border, kills several


Pakistan Foreign Ministry:

 “Pakistan fully respects the sovereignty and territorial integrity of the Islamic Republic of Iran".

More.

Wednesday, January 17, 2024

Long after Red Sea attacks began, ridiculous Biden administration appeasers finally re-adopt Trump designation of Houthis as terrorists which they had revoked in February 2021

The U.S. State Department on Wednesday designated the Iranian-backed, Yemen-based Houthi rebels as specially designated global terrorists, or SDGTs, in an effort to deter further attacks against commercial ships crossing the Red Sea. ...

The State Department under President Joe Biden revoked the Houthis’ designation as a foreign terrorist organization, or FTO, in Feb. 2021, just a month after it issued the label under former President Donald Trump.

The reversal came in response to calls from the United Nations and humanitarian groups who said that the terrorist classification and its associated sanctions were “accelerating Yemen’s slide into large-scale famine.”

Three years later, after months of Red Sea attacks, the Houthis have regained their spot on a U.S. terrorist list.

More.

Iranian ballistic missile attacks on Erbil, Iraq and Balochistan Province in Pakistan, a nuclear power, show the Biden administration's policy of appeasement is an abject failure

 Biden's weakness has emboldened Iran, which is betting that the superpower which cut and run in Afghanistan has no stomach to stop the aggression of the religious dictatorship in Tehran.

DUBAI, United Arab Emirates — Within 24 hours, Iran launched missile and drone strikes on targets in three countries — Iraq, Syria and Pakistan — and took the extraordinary step of announcing its responsibility for the attacks, triggering anger from its neighbors. ... Baghdad recalled its ambassador to Iran after the Monday night attack ...

Pakistan’s foreign ministry said Tuesday that it “strongly condemns the unprovoked violation of its airspace by Iran” which it said killed two children and injured three more. It added that “it is even more concerning that this illegal act has taken place despite the existence of several channels of communication between Pakistan and Iran.”

More

Pakistan is believed to possess over 100 operational nuclear warheads which can be delivered from a number of different platforms. 

Would Iran attack Pakistan like this without having the same capability, or are they just fools?

Tuesday, January 16, 2024

The world is drunk on debt: Global debt at all levels reached $307 trillion in 3Q2023

IIF CEO Tim Adams sounded the alarm on rising levels of debt while speaking to CNBC’s Silvia Amaro at the World Economic Forum in Davos, Switzerland. ... "We need sobriety . . .."

The global banking industry’s premier trade group said late last year that worldwide debt climbed to a record of $307.4 trillion in the third quarter of 2023, with a substantial increase in both high-income countries and emerging markets.

The IIF said it expected global debt to reach $310 trillion by the end of 2023, warning that elections in more than 50 countries and regions this year could usher in a shift toward populism that brings with it still-higher debt levels.

More.