From VOX EU:Sharp declines in the concentration of declared wealth occurred across Europe and the US during the 20th century. But the rich may have been hiding much of their wealth. This column introduces a new method to measure this hidden wealth…
Trump Regime Makes Large-Scale Cuts in Food Stamps by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman) The Supplemental Nutrition Assistance Program (SNAP) is the largest […]
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Russian Foreign Ministry on Syria, Afghanistan, Venezuela and Bolivia by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman) Russia’s Foreign Ministry spokeswoman Maria Zakharova (MZ below) […]
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Pearl Harbor Revisited: Dispelling Surprise Attack Mythology by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman) December 7, 2019 is the 70th anniversary of what Franklin […]
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Nonbelligerent Iran v. Nuclear Armed and Dangerous Israel by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman) The agenda of both countries are world’s apart. Iran […]
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Anglo-Zionist Plot Against Britain’s Jeremy Corbyn by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman) Anglo-Zionists and UK religious leaders in cahoots with Israeli hardliners are […]
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White House Won’t Participate in Sham Impeachment Hearings by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman) The anti-Trump Russiagate and its Ukrainegate spinoff witch-hunt by […]
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House Judiciary Committee Sham Ukrainegate Hearings by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman) Following House Intelligence Committee witch-hunt hearings, Judiciary Committee Dems began their […]
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France Shut Down by Nationwide Strike Action for Social Justice by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman) On Thursday, hundreds of thousands of French […]
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Submitted by Michael Every of RabobankIt’s December, and the start of the season of good will to all and peace on earth. Not much of that about, of course.In the UK, the election has been interrupted by the terrorist attack at London Bridge, which both…
R. Hunter Biden Should Declare Who Really Owns His New Ukrainian Employer, Burisma HoldingsPosted on May 21, 2014 by Richard SmithHere’s last week’s big announcement, adorned by a photograph of an American with a faintly alarming rictus;…
by Eric Zuesse for The Saker BlogIn order to understand why Ukraine’s President Voldomyr Zelensky doesn’t want the dirt about Joe Biden to become public, one needs to know that Hunter Biden’s boss and benefactor at Burisma Holdings was, at least partly…
QE creates artificial numbers for short term market gains. https://twitter.com/realDonaldTrump/status/246691132837330944 …
I hope the people over at the Fed will read today’s Wall Street Journal Editorial before they make yet another mistake. Also, don’t let the market become any more illiquid than it already is. Stop with the 50 B’s. Feel the market, don’t just go by meaningless numbers. Good luck!
If the Fed had done its job properly, which it has not, the Stock Market would have been up 5000 to 10,000 additional points, and GDP would have been well over 4% instead of 3%…with almost no inflation. Quantitative tightening was a killer, should have done the exact opposite!
..Spread is way too much as other countries say THANK YOU to clueless Jay Powell and the Federal Reserve. Germany, and many others, are playing the game! CRAZY INVERTED YIELD CURVE! We should easily be reaping big Rewards & Gains, but the Fed is holding us back. We will Win!
Doing great with China and other Trade Deals. The only problem we have is Jay Powell and the Fed. He’s like a golfer who can’t putt, has no touch. Big U.S. growth if he does the right thing, BIG CUT – but don’t count on him! So far he has called it wrong, and only let us down….
Political independence? Really?
Within 2 months following this tweet the Fed has cut rates for a total of 75 basis points, introduced repo, $60B a month in treasury bills buying & now expanded their balance sheet by $280B in 2.5 months
I submit the Fed did exactly what was asked. https://twitter.com/realDonaldTrump/status/1163472273388576768 …Donald J. Trump
✔@realDonaldTrumpReplying to @realDonaldTrump…..The Fed Rate, over a fairly short period of time, should be reduced by at least 100 basis points, with perhaps some quantitative easing as well. If that happened, our Economy would be even better, and the World Economy would be greatly and quickly enhanced-good for everyone!
What would happen if they didn’t?https://www.wsj.com/articles/new-york-fed-adds-108-95-billion-to-markets-11574864855 …
The Federal Reserve is derelict in its duties if it doesn’t lower the Rate and even, ideally, stimulate. Take a look around the World at our competitors. Germany and others are actually GETTING PAID to borrow money. Fed was way too fast to raise, and way too slow to cut!
Just finished a very good & cordial meeting at the White House with Jay Powell of the Federal Reserve. Everything was discussed including interest rates, negative interest, low inflation, easing, Dollar strength & its effect on manufacturing, trade with China, E.U. & others, etc.
From Zero Hedge:The money-laundering scandal sweeping across the Scandinavian banking system reached another milestone on Wednesday. The Organized Crime and Corruption Reporting Project, an organization that helped break the story, has dropped ano…
Ukraine is corrupt pass it onhttps://en.interfax.com.ua/news/press-conference/625831.html …
MPs demand Zelensky, Trump investigate suspicion of U.S.-Ukraine corruption involving $7.4 blnKYIV. Nov 20 (Interfax-Ukraine) – Ukrainian members of parliament have demanded the presidents of Ukraine and the United States, Volodymyr Zelensky and Donald Trump, investigate suspicions of the…
Mike Novogratz is still saddled with hundreds of millions of dollars in paper losses on his crypto portfolio, but he hasn’t given up on the space yet. The former Goldman executive’s Galaxy Digital Holding is launching two new funds, both aimed at accre…
Hunter Biden’s work in Ukraine and China has attracted criticism from President Trump and other Republicans. In an unrelated fraud case from last year, his name was invoked as a selling point in transactions that turned out to be fraudulent, although Mr. Biden‘s lawyer said his client knew nothing about it.The case involved a $60 million securities fraud based on bonds issued by an economic-development company affiliated with a Native American tribe in South Dakota, according to prosecutors’ statements in a federal trial in Manhattan last year.The proceeds were supposed to be used to build a distribution center and other projects, but were instead diverted for the personal use of Jason Galanis, prosecutors said prosecutors said, describing him as the scheme’s ringleader. Mr. Galanis and others also sought to use the bonds to advance a strategy that involved buying up financial firms to merge them into a larger one called Burnham Financial Group, in a deal called a “roll up,” according to prosecutors.
Is Russia going to start the final global crackdown on crypto?Crypto is back in the news again, with the price of Bitcoin rising as high as 11,400 it’s now being discussed on a number of levels. New service providers like Blackwatch Dig…