America is running out of money, and nobody cares
An economic specter haunts America. It’s also one that many American politicians – Republican and Democrat – say a great deal about but are reluctant to address.
by Samuel Gregg
An economic specter haunts America. It’s also one that many American politicians – Republican and Democrat – say a great deal about but are reluctant to address.
The name of that shadow is the United States National Debt: what the US Treasury Department defines as “the amount of money the Federal Government has borrowed to cover the outstanding balance of expenses incurred over time.”
If you go to the Treasury’s website, you can see just how big that debt is. In mid-May, it was 34.5 trillion dollars. The pace of the growth in that debt is equally stunning. Approximately 1 trillion dollars is being added to America’s National Debt every 100 days…
UN Troops Being Brought in as Migrant Refugees
The United Nations plan for enforcing the Disease X lockdowns
by Greg Reese
The southern border of the United States is wide open, and the Federal government has been conducting a wide-scale criminal operation of flooding the country with unvetted foreigners, distributing them across the United States, and providing them with homes and financial support. The GOP’s talking point has been that this is all about election fraud, but this has been happening all across the Western world for over a decade. This is something far more sinister than election fraud.
The Population Division of the United Nations concerns themselves with international migration. In the year 2000, they published Replacement Migration, a solution put forth to deal with declining and ageing populations. For years we were told that this was a conspiracy theory, but now that we are seeing tens of millions murdered by the experimental shots, it is becoming more clear what the objective is…
Tennessee Judges Rein in Game Wardens, Declaring Warrantless Searches on Private Land Unconstitutional
Judges called the practice of sneaking onto hunting leases and installing trail cams "a disturbing assertion of power on behalf of the government"
By Dac Collins
A recent court ruling in Tennessee restricts some of the powers that the state’s game wardens have traditionally held when policing hunters and anglers on private land. According to that ruling, which was handed down by a Court of Appeals on Thursday, wildlife officers can no longer enter private property to monitor, look for, or otherwise investigate wildlife crimes without a warrant.
Although it might surprise some Americans, entering and surveilling private lands without obtaining a warrant or notifying the landowner have long been standard practices for many state fish and game agencies. In most states that allow this, game wardens have more power than police and other law enforcement officers when it comes to warrantless searches. Among other privileges, this statutory authority permits game wardens to enter privately owned lands without permission, and to conceal themselves while investigating suspected violations of hunting and fishing laws. These powers are summarized in a Tennessee law that allows officers with the Tennessee Wildlife Resources Agency “to go upon any property, outside of buildings, posted or otherwise” in order to enforce wildlife laws…
Meet Benjamin Netanyahu, Unconvicted War Criminal
The International Criminal Court is supposedly mulling war crimes charges against Israeli Prime Minister Benjamin Netanyahu and other high-ranking Israeli political and military officials.
by The Corbett Report
The International Criminal Court is supposedly mulling war crimes charges against Israeli Prime Minister Benjamin Netanyahu and other high-ranking Israeli political and military officials. But what reason could they possibly have for charging Netanyahu with war crimes? Uncover all the dirt on the unindicted war criminal presiding over Israel's crimes against humanity in this important edition of The Corbett Report podcast…
Israeli Settlers in the West Bank Set Fire to Trucks Carrying Food and Supplies to Gaza
Around 70 supply trucks that were scheduled to go into the Gaza strip were looted by right wing Jewish settlers in the West Bank and the food and aid were burned in a systematic act of sabotage.
by Channel 4 News
Around 70 supply trucks that were scheduled to go into the Gaza strip were looted by right wing Jewish settlers in the West Bank and the food and aid were burned in a systematic act of sabotage. Hundreds of thousands of Palestinian civilians, many of them children, face famine.
Israeli protesters called for Gaza to be put in their hands. Police allowed the riots. Far-right National Security Minister Itamar Ben Gvir has reportedly encouraged law enforcement to avoid cracking down on the Israeli extremists…
Biden Administration Quadruples Tariffs On Chinese EVs
The Biden administration announced on Tuesday that it will impose a 100 percent tariff—quadrupling the current 25 percent—on electric vehicles imported from China in 2024
By Tyler Durden
The Biden administration announced on Tuesday that it will impose a 100 percent tariff—quadrupling the current 25 percent—on electric vehicles imported from China in 2024. In addition to EVs, the White House has significantly increased tariffs on Chinese steel and aluminum products, lithium-ion batteries, and solar cells.
“China’s using the same playbook it has before to power its own growth at the expense of others by continuing to invest despite excess Chinese capacity and flooding global markets with exports that are underpriced due to unfair practices,” Lael Brainard, director of the National Economic Council, told reporters at a call ahead of the announcement…
Consumer Prices Have Risen Every Month Since 'Bidenomics' Began, Up 19.5% To Record High
After a fourth straight month of hotter than expected PPI, analysts' expectations for CPI were tightly ranged around 0.3-0.4% MoM and printed +0.3% MoM (slightly below the 0.4% expected). The YoY head
By Tyler Durden
Core CPI YoY was 3.6% in April, the lowest it's been in 3 years. The 1-month annualized fell to the same 3.6% as the YoY, which is why the YoY has been more reliable as a trend measure recently.
Housing (rent and OER) contributed 17.5 bps to monthly core CPI inflation in April. While still hot (2018-19 average was 11 bps), it's the lowest monthly contribution since Dec 2021. And as we show in the chart, YoY housing in CPI is cooling.
Virtually all of the excess core CPI inflation YoY--the part of inflation above and beyond Fed target - resulted from housing & auto insurance. Core non-housing services have heated up on a higher frequency basis but haven't weighing much (yet) on the annual print.
Also, while not in core, but extremely important for anyone who eats food: grocery prices actually fell -0.2% MoM in April and are running 1.1% YoY according to the Biden BLS. We doubt anyone will believe this number, which was goalseeked so that wage growth would strongly outpace grocery inflation. Relative to wages, grocery prices are back down below their 2019 levels. This, too, won't be believed by anyone…
"The Russians Just Walked In": Ukraine Border Defense Funds Diverted To Fake Companies In Massive "Betrayal"
Head of the Mezha Anti-Corruption Center, Martyna Bohuslavets, has written a report in Pravda asking "Where are the fortifications?"
By Tyler Durden
Bohuslavets said the Ukrainian Kharkiv Regional Military Administration (Kharkiv OVA) paid out funds to fictitious companies during the construction and fortification of the Kharkiv region. The report comes as Russian forces have broken into the northern region of Ukraine and the US continues funding the war.
According to Ukranian Pravda reports, the Russian military has begun to advance in the northern region of Ukraine where funding that was set for fortification was transferred to fake companies. The offensive from the Russian military launched on Monday with attacks on towns and villages, the Kyiv Post reports. A total of 7 billion hryvnias was spent there by Ukraine, according to the report…
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