(Michael Snyder) Why are CEOs and corporate insiders selling their stocks at a far faster rate than we have ever seen before? Do they know something that the rest of us do not? If stock prices are going to continue soaring into the stratosphere like many in the mainstream media are suggesting, these insiders that are dumping stocks like there is no tomorrow will miss out on some absolutely enormous profits. On the other hand, if a colossal market crash is coming in 2022, then 2021 was absolutely the perfect time to get out. As I have said countless times before, you only make money in the stock market if you get out in time. Could it be possible that many of the richest people in the world have picked the absolutely perfect moment to pull the trigger?
California water regulators will be delivering the bare minimum of water supplies to the state’s municipalities via the State Water Project, the Department of Water Resources announced to water users on Wednesday.
For Valley farmers, who hoped for an ounce of good news related to water supplies heading into 2022, they will see a zero-percent water allocation from state water agencies to start the year.
The good news: Black Friday retail traffic was up 47.5% over last year. The bad news: It was still 28.3% lower vs. 2019 levels, according to CNBC, citing preliminary data from Sensormatic Solutions.
Go inside the most expensive home to ever hit the market in Weston, FL. The $14,000,000 mansion is located around 20 miles west of Fort Lauderdale. The residence is called the Monarch Estate. It unfolds over 12,323 sq ft with 7 bedrooms, 11 baths, and a 93 foot infinity pool all situated on a gorgeous lake. Take the exclusive mansion tour with CNBC’s Ray Parisi and real estate broker Senada Adzem. Take a look.
(Sundance) A very interesting interview with Chris Spear, president and CEO of the American Trucking Association.
During a House Transportation Committee hearing on supply chain issues, CEO Chris Spear shares an internal survey showing that 37% of truck drivers “not only said no, but said hell no” to the Biden vaccine mandates.
(Elizabeth Elkin) A shortage of nitrogen fertilizer is getting so bad that farmers won’t be able to get what they need for their fields in the near future.
Over the weekend,ZeroHedge reported that in the aftermath of last week’s staggering, 6-sigma bond moves which saw unprecedented surges in short-term rates everywhere from Australia, to Canada and the U.K. amid growing speculation that the world’s central banks will accelerate plans for raising interest rates in the face of persistent inflation…
On Monday we reported that Zillow Group had ‘halted‘ it’s AI-powered house-flipping operation after 93% of homes listed in their Phoenix portfolio are underwater, and is scrambling to unload 7,000 homes for $2.8 billion.
Today, the company announced during earnings that it’s going to reduce its workforce by 25% and completely scrap its home-flipping operation which began buying homes in December 2019.
Two weeks ago Zerohedge reported that Zillow’s electronic house flipping operation had been underperforming – as the real estate company had been buying houses at inflated prices and flipping them for a loss.
Dr. Marco Metzler: Evergrande Missed Second Past Due Interest Payment In A Week-Is Bankrupt-Could Drag Down Real Estate Sector/HSBC & World Financial System
This past Tuesday I reported that Dr. Marco Metzler, former Fitch analyst and now of DMSA (Deutche Mrkt Screening Agentur GmbH) has announced that the past due interest payment on China Evergrande Group’s offshore international bonds that all of the western media reported as supposedly paid by Evergrande could not be confirmed. Today, he is stating that a second interest payment ($47.5 Million) allegedly made by Evergrande according to the western media last night has not been paid, once again contradicting mainstream media reports.
Demand for single-family rental homes is off the charts and shows no signs of abating anytime soon, and that is pushing rents sky-high. This has allowed the largest owner of houses in the U.S. to raise rents.
The FBI is revealing new details about a $31.8 million counterfeit coupon scheme that landed a Virginia Beach couple in prison for nearly 20 years, combined.
During a search of Lori Ann Talens’ home, agents found thousands of counterfeit coupons, rolls of coupon paper, and coupon designs for more than 13,000 products on her computer. (Courtesy of FBI)
Traders say that Cushing stockpiles might fall to critical levels within weeks; the last time that happened was in 2014.
(Devika Krishna Kumar) Stockpiles at the biggest U.S. crude depot are quickly approaching critically low levels. The last time that happened, crude cost more than $100 a barrel.
The Burger chains are being punished by the state for refusing to ‘segregate’ their customers.
A second chain of In-N-Out Burger has been closed down by county authorities in California after it refused to go along with enforcing proof of vaccination orders.
I don’t buy this. .Gov would not allow a union to blockade our national economy if they didn’t want it to be blockaded. What’s your take?
A California longshoreman, who works at California’s San Pedro Bay Port Complex, reportedly said the labor unions are exacerbating the supply chain crisis.
Taiwan Semiconductor Manufacturing Company makes 24% of all the world’s chips, and 92% of the most advanced ones found in today’s iPhones, fighter jets and supercomputers. Now TSMC is building America’s first 5-nanometer fabrication plant, hoping to reverse a decades-long trend of the U.S. losing chip manufacturing to Asia. CNBC got an exclusive tour of the $12 billion fab that will start production in 2024.
Hui Ka Yan, founder of China Evergrande Group, had once amassed a fortune of $42.5 billion, placing him at the top of the wealth rankings for all of Asia. But 73% of that immense fortune has now evaporated, and the tycoon will almost certainly lose even more as anxious creditors, suppliers and homebuyers besiege Evergrande’s offices.
Below are four short news clips outlining a global problem that has been building for a year and a half. Take some time to put back extra frozen, dry and canned foods this week.
China’s factory-gate prices grew at the fastest pace in almost 26 years in September, adding to global inflation risks and putting pressure on local businesses to start passing on higher costs to consumers.
The truth is starting to come out, and a lot of people aren’t going to like it. When the supply chain problems and the shortages began, government officials repeatedly assured us that they would just be temporary, and most of us believed them. But now it has become clear that they aren’t going to be temporary at all. In fact, during a recent interview with Bloomberg, U.S. Transportation Secretary Pete Buttigieg admitted that some of the supply chain problems that we are currently facing could last for “years and years”. I don’t know about you, but to me “years and years” sounds like a really long time.
We explore our Chinese apartments, and how the downfall of Evergrande was written on the wall of every tofu building in China. This is only the beginning.
Total new vehicle sales in September dropped to 1.01 million vehicles, down 37% from 1.6 million vehicles in March, when there were still enough new vehicles to sell.
(October 02, 2021) Renowned scientist Dr. Richard Fleming visits Infowars to give a powerful, in-depth Power Point presentation exposing what’s really happening with Covid-19 and vaccine induced ADE (Antibody-dependent Enhancement) as well as legal proceedings being pursued in international criminal court to hold responsible parties accountable for development of this virus and dissemination of these vaccines.
(Jack Phillips) Several industry groups have warned world leaders of a worldwide supply-chain “system collapse” due to pandemic restrictions, coming as Federal Reserve Chairman Jerome Powell suggested that the current period of higher inflation will last until 2022.
Fresh off his victory in the gubernatorial runoff, California Gov. Gavin Newsom just announced that California’s schools will soon require all eligible public and private school students in 7th grade and higher in the Golden State to be vaccinated against COVID, a first-in-the-nation policy that Newsom says will impact millions of students by fall 2022, or possibly sooner.
Biden’s Nominee For Comptroller of the Currency, Saule Omarova Earned “Lenin” Award, Praised USSR’s “Equality”, And Wants To “End Banking As We Know It”
Now that the global energy crisis has slammed China’s economy, leading to the first contractionary PMI since March 2020 as a result of widespread shutdowns of factory and manufacturing, not to mention hundreds of millions of Chinese residents suffering from periodic blackouts, Bloomberg reports that China’s central government officials “ordered the country’s top state-owned energy companies to secure supplies for this winter at all costs.”
TOKYO (AP) — Japan’s government announced Tuesday that the coronavirus state of emergency will end this week to help rejuvenate their economy as infections slow.
SHANGHAI, Sept 29 (Reuters) – China’s vast Belt and Road Initiative (BRI) is in danger of losing momentum as opposition in targeted countries rises and debts mount, paving the way for rival schemes to squeeze Beijing out, a new study showed on Wednesday.
Pictured are travelers walking past a map displaying CCP targets of conquest
(Sundance) Years of agonizing and frustrating reviews and analysis of the Trump administration activity in real-time are reconciling today. During Senate testimony today before the Armed Services Committee, Joint Chiefs of Staff Chairman, General Mark Milley, clarified some very painful issues to accept. President Trump was being heavily managed by operatives of the Senior Executive Service (SES), and his inner circle was willfully participating.
Unjabbed employees face large fines if they show up to work…
The Italian government has passed a decree applying to both the private and public sector ordering companies to withhold pay from workers who refuse to take the COVID-19 vaccine.
The decree mandates that all employees get the vaccine ‘green pass’, which led to questions about what would happen to the millions of Italians who remain unvaccinated.
The future of money is here; will the Federal Reserve Board be authorized to use distributed ledger technology for the creation, distribution and “recordation” of all the transactions of a Digital Dollar?
(Wesley Thysse) On July 28, 2021, a new bill was introduced in the US House of Representatives. This bill, sponsored by Congressman Don Beyer,1) aims to regulate crypto-currencies. But it does more…
The bill is called the “Digital Asset Market Structure and Investor Protection Act”2) (“Digital Asset Bill”). And for the majority, it sets out future rules for crypto. However, hidden in this bill, changes to the foundation of the Dollar are proposed.
Following last Friday’s decision by the FDA’s vaccine advisory panel to only recommend the use of boosters for patients who are a) immunocompromised, b) overweight or c) both, Bloomberg reports that the FDA has decided to accept the advisory panel’s conclusions, as expected – representing a major victory for “the science” over President Biden’s political priorities.
(Martin Armstrong) Dr. Alexander Van der Bellen, who was inaugurated as the Federal President of the Republic of Austria on January 26, 2017, has taken another undemocratic, authoritarian position that anyone unemployed because of the state’s lockdowns who refuses the vaccine will lose ALL benefits. This is absolute tyranny and a disgrace to any country that pretends to be free. It has been reported:
(Jim Hoff) Northern Idaho patriot Todd Savage, a real estate broker and owner of Black Rifle Real Estate, recently received a demand letter from his local real estate Multiple Listing Service (MLS) that is affiliated with the National Association of Realtors. The letter stated that using the words “LIBERTY” and “CONSTITUTIONAL” on his ads were ‘racially charge code words’.
Dr. Reiner Fuellmich, an experienced trial lawyer licensed in Germany and California (USA), and co-founder of the Berlin Corona Committee, summarizes the Committee’s findings to date and takes stock of the situation. When the entire Script & Cast of Characters are examined this carefully, it’s hard to maintain the illusion that their lies and threats are convincing ANYONE of ANYTHING, any longer.
Less than 48 hours after squashing an attempt to oust him from office, California Democratic Governor Gavin Newsom signed sweeping housing legislation on Thursday that reportedly bans single-family-only zoning in most neighborhoods, in favor of cramped high density living across the state.
Funeral Director John O’Looney provides a personal firsthand account of Covid-19 from late 2019 through mid September, 2020 that will confirm all your worst suspicions.
“It’s fair to say that the Evergrande situation and its repercussions on the broader property market will have a far greater direct impact on Chinese growth than any of the other regulatory crackdowns.”
Yesterday, when covering the non-stop drama surrounding China’s most insolvent property developer, Evergrande, we said that it would be remarkably ironic if Evergrande were to announce a default – which everyone knows is coming – today, on the 13th anniversary of Lehman’s bankruptcy filing on Sept 15, 2008.
Last night on CNN 351,000 “Yes” votes disappeared in an instant during live coverage of the Newsom Recall Election in California.
This happened during the 2020 presidential election too. Notice, it ALWAYS only affects Trump supporters and Republicans. Must be a coincidence, right?
(Jacob Passy) The frequency of bidding wars on homes has dropped to the lowest level this year — the latest sign that the housing market may be cooling and reverting back to its usual seasonal patterns.
While home buyers are still more likely than not to face a bidding war on a property they wish to purchase, competition in the nation’s housing market is cooling. GETTY IMAGES/ISTOCKPHOTO
A new report from Redfin RDFN, -2.39% found that 58.8% of the offers on homes written by the company’s real-estate agents faced competition in August. That’s down from 62.1% the month prior and a peak of 74.3% reached back in April. Redfin defines a bidding war as any situation where there are at least two competing bids on a home.
(Hal Turner) In utterly shocking news, quietly revealed by the Federal Reserve Bank at 4:00 PM Friday (While everyone was distracted by Biden’s Vax Mandates, the Afghanistan Debacle, and the then-approaching 9-11 anniversary) the Bank announced a 41% cut in U.S. GDP forecast for the Third quarter 2021.
In two separate protests, mobs of China Evergrande Group customers and employees demonstrated this week as the world’s largest real estate developer faces soaring probabilities of default.
(Sundance) The Bureau of Labor and Statistics (BLS) released the August review [DATA HERE] of producer prices for last month. August rose 0.7% with cumulative results now showing an 8.3% increase in prices; the largest year-over-year jump in prices for final demand products in the history of tracking. The prior record was July with 7.8%.
“If my immunity is as good, indeed, very likely better, than that conferred by the vaccine, there doesn’t seem to be any rational basis for discriminating against my form of immunity and requiring me to get a different form of immunity.”
(Emma Colton) A University of California professor is suing the school system’s Board of Regents and president over a coronavirus vaccine mandate, which he argues he does not need because of his natural immunity against the virus.
WASHINGTON (Sputnik) – The US government could run out of money as early as next month to service its debt, Treasury Secretary Janet Yellen said on Wednesday, reiterating her warning that emergency measures put in place to raise cash could be exhausted soon.
“Given this uncertainty, the Treasury Department is not able to provide a specific estimate of how long the extraordinary measures will last,” Yellen said in a copy of her letter to Pelosi, released by the department. “However, based on our best and most recent information, the most likely outcome is that cash and extraordinary measures will be exhausted during the month of October.”
For most Americans, the term Private Placement Life Insurance, or PPLI, is financial gibberish. But for the ultra-wealthy, those who represent the top 0.1% in the wealthy pyramid, that acronym represents financial freedom from the coming Democratic tax hike tsunami.
Despite a plunge in home builder sentiment, after June’s unexpected drop “due to an unprecedented price spike”, Pending Home Sales were expected to join both new- and existing-home sales with a modest rebound in July. But that was very wrong as July’s US Pending home sales plunged 1.8% MoM (against +0.3% MoM expected), sending the year-over-year sales comp down 9.5%.
That is a second straight monthly decline in pending home sales…
(ZeroHedge) Dr. Anthony Fauci and the rest of President Biden’s COVID advisors have been proven wrong about “the science” of COVID vaccines yet again. After telling Americans that vaccines offer better protection than natural infection, a new study out of Israel suggests the opposite is true: natural infection offers a much better shield against the delta variant than vaccines.
The swab used to test for Covid is not only Made in China, but they’re saturated with Ethylene Oxide (EO), which is a carcinogen, damages DNA and fertility. (source)
Did you know that the FDA did not approve Pfizer’s clot shot but instead, only extended the EUA on 8/23/21? Read the letter for yourself. https://www.fda.gov/media/150386/download
(Sundance) The U.S. Census Department releases retail sales data today showing a strong contraction in consumer spending for July [MSM LINK]. The out-of-touch financial pundits were looking for a 0.3% decline; however, the drop was four times greater with a contraction of 1.1% in spending.
“The slide in retail sales comes after Friday’s preliminary consumer sentiment report from the University of Michigan showed one of the largest drops on record, leading some strategists and economists to warn of downside risk to the sales data.” (link)
(Tom Ozimek) U.S. consumer sentiment fell sharply in early August, with the University of Michigan confidence survey plumbing depths not seen in a decade as Americans expressed worry about personal finances, unemployment, and inflation.
The U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates (WASDE) report was released Thursday afternoon and pointed to declining grain supplies that sent grain futures prices higher and will keep food inflation in focus.
While it won’t come as a surprise to those who keep tabs on the monthly Case-Shiller data, where the latest Top 20 City Composite Index rose a record 17% in May, and which showed that every metro area in the US saw double digit Y/Y price gains…
(Tom Tapp) The Los Angeles City Council voted 13-0 today to have the city attorney prepare an ordinance requiring people to show proof of at least partial vaccination against Covid to enter most public indoor spaces in the city, including restaurants, bars, gyms, concert venues, movie theaters and even “retail establishments.”
Joe Biden and the Republicans – without whom Joe Biden could not have done it – may have just outlawed cars that can’t be tracked without actually outlawing them, per se. Instead, they will be regulated away – the new trick in government’s dirty bag thereof.
(ZeroHedge) Last month, when out of the blue we saw a sharp surge in a handful of gigacap names among which Amazon, which rapidly broke out of the range it had been trading in for the past year as a result of an aggressive bid in short-dated OTM calls, a move we dubbed Gammazon, we speculated that a key driver behind this move are retail investors who had moved away from their usual small and mid-cap stomping grounds and decided to target illiquid tech giants during the lowest volume season of the year.
Now that the data is in, it appears that we were right.
Consider this a trial run for every blue hive hell hole in America to follow
(Petr Svab) —Just as New York City restaurateurs thought they would perhaps see their way out of crushing COVID-19 restrictions and back to “normalcy,” the city’s government dealt out another blow: Restaurants will now have to check customers for proof of vaccination, or themselves face fines.
Karla Martinez, manager of Chirp restaurant in Manhattan’s Garment District in New York City on Aug. 4, 2021. (Petr Svab/The Epoch Times)
America’s fakest “doctor” is back on television fear mongering about the so-called “delta variant” of the Wuhan coronavirus (Covid-19), admitting in the process that “vaccinated” people are actively spreading it to others.
A double-blind Israeli study has concluded that Ivermectin, an inexpensive anti-parasitic widely used since 1981, reduces both the duration and infectiousness of Covid-19, according to the Jerusalem Post.
Why are car manufacturers still investing capital and improving internal combustion engines in the year 2021? Shouldn’t all development research be going into electric cars and electric vehicle technology? Unfortunate news if you think ICE transportation is going away in the near future to be solely replaced by electric vehicles (EVs), because most people still aren’t interested in paying FAR MORE to receive FAR LESS benefits that EV’s offer today.
Bayer have announced that they will no longer sell glyphosate-based herbicides to U.S. gardeners as of 2023, following the costly litigation battle over their cancer causing weedkiller Roundup.
The Nuremberg Codes have became as worthless as the U.S. Constitution in an absence of the rule of law.
***
Odd how they’ll protest, march and riot for social justice yet voluntarily take poison like lab rats for state pay. What happened to ‘my body, my right?’
***
“This work was strictly voluntary, but any animal that absented himself from it would have his rations reduced by half.” – George Orwell, Animal Farm –
After existing-home sales printed a very modest rebound from lowered numbers, analysts expect new home sales to rebound from 12-month lows in June (even as home builder confidence sinks to an 11-month low), but boy oh boy were they wrong.
Against expectations of a 3.7% MoM jump, new home sales plunged 6.6% MoM in June (and worse still May was revised lower from -5.9% to -7.8%)
Even more amazing is the fact that new home sales are down almost 20% YoY – the worst since 2011.
A shortage of jet fuel, coupled with supply chain issues and an urgent demand from firefighting aircraft, continues to cause problems at airports around the West.
A team of Johns Hopkins researchers recently reported that when studying a group of about 48,000 children, they found zero COVID deaths among healthy kids, but the Centers for Disease Control doesn’t care.
The following presentation outlines extensive admissible evidence that the drug dealers secured dozens of patents on SARS-CoV-2 [Covid-19] before they released it to profit from.
A Manufactured Illusion by Dr. David Martin with Reiner Fuellmich [9/7/21] is a step by step, who, what, where, when, why and how account that will End The Vax War.
Money Quote:
2015, Six years ago! “We need to increase public understanding of the need for medical countermeasures such as a Pan Corona Virus Vaccine. A key driver is the media and economics will follow the hype. We need to use that hype to our advantage to get to the real issues. Investors will respond if they see profit at the end of the process” Peter Daszak
Watch all the way through followed by skimming the article below to begin wrapping your mind around what they have done to us:
(ZeroHedge) As the cold hard reality of Elon Musk’s promises of years past start to catch up to the Tesla CEO – who last week testified in a trial where he is alleged to have made a unilateral decision to poorly allocate shareholder capital by bailing out his cousin’s failing Solar City business that was on the verge of insolvency – Musk now appears to be embarking on a journey to try and talk his way out of past promises and manage expectations.
Migration to Florida has been supercharged during the coronavirus pandemic as remote working, fewer taxes, less violence, cheaper living, and minimal virus restrictions enticed people from big Northeast metro areas to the Sunshine State.
(Sundance) Well, well, well…. though financial media will say this is remarkably unexpected, it is something CTH specifically predicted we would see – and it is happening exactly on the timeline CTH anticipated.
The Bureau of Labor Statistics releases the second quarter national wage rate data today {BLS DATA HERE}. U.S. wages DECLINED 1.2% in the second quarter of 2021 compared to last year. When reviewing the data [Table 2], look at the negative impact to women, specifically Black and Asian women:
Don’t expect retail prices to fall until after the supply chain blows out higher contract lumber costs incurred during the futures market price spike. Don’t expect or hold out for pre-covid plandemic lumber prices either. Capisce?
The General Manager for the Bank of International Settlements – the central bank of central bankers – is planning for “absolute control” of the money we all spend.
Karolina Protsenko: I am singing and playing violin “Hallelujah” (original by Leonard Cohen) with my Mommy. I hope you like our voice and violin cover.
The U.S. along with most other countries are moving towards implementation of central bank digital currencies. With this comes concerns related to privacy, political overreach, and discrimination.
This means your new next door neighbor and their extended family from, pick any third world country, might have gotten in with a zero down, zero interest, 100 year mortgage from the Fed to provide much needed diversification to your neighborhood and community.
A Maryland healthcare worker who had just accepted a job with the prestigious John Hopkins Hospital reportedly died after receiving a (voluntary) Covid-19 vaccine required for employment.
Wells Fargo just announced that it’s shutting down all of its existing personal lines of credit – a popular product offered by the retail-focused Wall Street giant – a move that will likely infuriate legions of customers.
Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts contends CV19 and vaccines to cure it are all part of the “Going Direct Reset.” Fitts explains, “This is so simple at the root.”
(John Rappoport) Even a robot programmed to “follow the science” would throw up his hands in despair while reading the latest FDA COVID pronouncement.
After untold numbers of people have been given antibody tests to determine their COVID status, the FDA now states:
“Today, the U.S. Food and Drug Administration issued a safety communication informing the public that results from SARS-CoV-2 antibody tests should not be used to evaluate immunity or protection from COVID-19 at any time, and especially after the person received a COVID-19 vaccination.”
Haunted by the recent tragedy in Surfside, some residents of ocean-side apartments in South Florida have been searching for information about the structural integrity of their condominiums. The residents of a Collins Avenue building with prior warnings in Miami Beach said they are horrified about what they found.
It is estimated that the average cost of living in America was $53,564 in 2020. The figure fluctuated from $41,600 in Mississippi to $65,740 in California. If one lives in San Francisco, however, no job is needed to provide for one’s needs such as housing, food, hygiene, and security.
(Louis Hansen) Gov. Gavin Newsom and legislative leaders announced a package today to extend the eviction moratorium through September and streamline an aid program to pay landlords 100% of unpaid rent.
Monarch, the last California Grizzly Bear in captivity
Tami Burages is pro-vaccine but couldn’t stay silent any longer after her 13 year-old nephew died from heart inflammation only three days after his second jab.
Many Americans of modest means would be forced to sell assets to pay Biden’s death tax
(Art More) President Biden continues to promise he will not raise taxes on anyone earning less than $400,000, but an analysis of his proposed revision to the way capital gains taxes are paid on estates when people die shows otherwise.
Ano Turtiainen, member of Parliament of Finland, gave a straight speech 9.6.2021 about possible COVID vaccine genocide going on in Finland. He warned all members of the Finnish Parliament and media by letting them know if they would still continue misleading our citizens by telling them fairy tales about safe vaccines, they are intentionally involved in several different crimes, the most serious of these may be even genocide.
California’s State Water Resources Control Board notified thousands of farmers of “impending water unavailability” as the state’s man-made drought accelerates.
French President Emmanuel Macron, whose poll numbers are abysmal and needs a sincere shot in the arm, just gave away the plot with his outside voice.
(Tom Luongo) I’ve noticed this trend within The Davos Crowd in recent months, speaking with their outside voice what they only ever talk about internally.
(Michael Snyder) In my entire lifetime, this is the worst that drought conditions have ever been in the western half of the country. During the past 20 years, the amount of territory in the West considered to be suffering from exceptional drought has never gone higher than 11 percent until now. Today, that number is sitting at 27 percent. The term “mega-drought” is being thrown around a lot these days to describe what is happening, but this isn’t just a drought. This is a true national emergency, and it is really starting to affect our food supply.
As much as half of the unemployment benefits paid by the US government over the past year may have been stolen through fraud, with the bulk ultimately ending up outside the country – likely into the hands of foreign crime syndicates in China, Nigeria, Russia and elsewhere, according to Axios‘ Felix Salmon.
The ‘middle class’ was always an experiment, along with self government. Looks like America is headed back to Lords and Serfs.
Thread.
Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers. Why are corporations, pension funds and property investment groups buying…https://t.co/uTagTOQQgI
(Natural News) We now know that Peter Daszak of EcoHealth Alliance, who funneled millions of dollars to the Wuhan Institute of Virology that carried out gain-of-function weaponization experiments, bragged about his Chinese colleagues (whom he helped fund) creating “killer” coronaviruses.
(Dr. Eddy Bittermann MD) Ivermectin, a common anti-parasite drug, has shown great efficacy in the fight against covid-19. For the first time, medical researchers have documented how ivermectin docks to the SARS-CoV-2 spike receptor-binding domain that is attached to the ACE2 receptor. In this way, ivermectin effectively inhibits viral attachment and replication, assisting a precise antiviral response that can target the SARS-CoV-2 spike protein at its most advantageous cleavage site. The researchers showed how ivermectin interferes with the attachment of the spike protein to the human cell membrane.
(Christian Britschgi) Home prices are surging across the country. Naturally, California politicians have an innovative new idea to drive them even higher.
On Tuesday, Democratic lawmakers in the state Assembly and Senate unveiled their joint legislative budget plan for 2021–22, which includes a plan to create a “California Dream For All” program that would subsidize nearly half of the cost of purchasing a new home, reportsCalMatters.
Surging construction costs to build a new home is not sustainable and is becoming a pain in the arse for home builders and prospective home buyers. From concrete to lumber to copper pipes to paint and even appliances, costs have surged over the past year.
Following a series of corporate cyberattacks that American intelligence agencies have blamed on Russian actors, Russia’s sovereign wealth fund (officially the National Wellbeing Fund) has decided to dump all of its dollars and dollar-denominated assets in favor of those denominated in euros, yuan – or simply buying precious metals like gold, which Russia’s central bank has increasingly favored for its own reserves.
Whole areas of research are off-limits. Top physicians treat patients based on their race. An ideological ‘purge’ is underway in American medicine.
Several hundred health-care workers protest against police brutality on June 5, 2020, in St Louis. (Michael B. Thomas/Getty Images)
(Bari Weiss) I always thought that if you lived through a revolution it would be obvious to everyone. As it turns out, that’s not true. Revolutions can be bloodless, incremental and subtle. And they don’t require a strongman. They just require a sufficient number of well-positioned true believers and cowards, like those sitting in the C-suite of nearly every major institution in American life.
Landlords across the country, the least-pitied group of Americans, were handed a loss on Wednesday after a federal appeals court in Washington DC denied a request to resume evictions amid a contentious dispute over a Centers for Disease Control (CDC) moratorium during the pandemic.
With the economy overheating, it will hardly come as a surprise that the latest Fed Beige Book – which found that the economy expanded at what the Fed absurdly called a “moderate pace” from early April to late May, at least clarifying that this was a “somewhat faster” rate than the prior reporting period – one of the top concerns was soaring costs, but nothing spooked the various Fed districts quite as much as what appears to be a shortage of everything, with district after district complaining about broken supply chains, a lack of workers, and critical commodities that just can’t be procured, all resulting in sharply higher prices, slower delivery times and all around chaos.
Update (1425 ET): Americans across the country are increasing Googling “meat shortage” as the afternoon progresses following the news of the JBS ransomware attack.
The difference is controlled speech. Rumors of misleading information given into the ag markets in this country can be vetted by the participants and critiqued and refuted. When the Chinese speak, few dare expose misinformation. The ones suffering the damage are those gullible traders who accept Chinese statements as fact and trade on the information.
Brace for more pessimistic news about the global semiconductor shortage…
Intel CEO Pat Gelsinger
(ZeroHedge) Intel is now going on the record and doubling down on statements that its CEO made on 60 Minutes earlier this year, stating that it could take “several years” for the current supply shortage of semiconductors to be resolved.
The IRS’s Criminal Division Forensics Unit released a request for information (RFI) looking for “reliable” tools and processes to crack the crypto wallets used by many to store their cryptocurrency fortunes.
(Sam Cohen) The Equal Employment Opportunity Commission updated their guidance regarding the COVID-19 vaccine and says employers are allowed to require employees to get vaccinated and can also offer incentives for them to get jabbed.
(Tom Pappert) Since the U.S. government – and many others – began funding the creation of often-experimental and controversial COVID-19 vaccines, then devoted considerable effort to making the vaccines free to consumers and readily available to all who want them, the pharmaceutical industry has minted 9 new billionaires from previously obscure companies.
With BofA predicting that the US is facing a period of “transitory hyperinflation” as a result of soaring commodity prices in everything from metals to food…
(Robert Dalheim) The U.S. Department of Commerce says it will seek to double tariff rates on most Canadian softwood lumber, angering home builders. New rates vary by company. West Fraser goes from 9 percent to 11.4 percent, Canfor from 4.6 to 21 percent, Resolute Forest from 20.3 to 30.2 percent, and J.D. Irving from 4.2 to 15.8 percent.
The overall increase is from 9 percent to 18.32 percent.
An Airbnb listing hidden deep within western Montana’s woods has been taken down after it discriminated against vaccinated people with “COVID misinformation.”
End of this cycle is neigh. Prepare you and yours now.
“In real terms, home prices have never been so high. My data goes back over 100 years, so this is something,” Nobel prize-winning economist Robert Shiller told CNBC’s “Trading Nation.”
Shiller is the co-founder of the S&P CoreLogic Case-Shiller home price index. He is worried about a housing bubble forming where the “Wild West” mentality pushes prices higher. He also is concerned about stocks and cryptocurrencies.
Glenn Kelman, CEO at Redfin, spoke with Bloomberg Radio’s Denise Pellegrini on Wednesday about the state of the US housing market. He said the latest surge in home prices could subside.
(Steve Watson) A professor with close ties to the Communist Chinese Government has declared that his country ‘defeated’ the U.S. in 2020, winning a biological war, and putting America ‘back in it’s place’.
The comments were made by Chen Ping, a Senior Researcher at The China Institute of Fudan University, a CCP affiliated think tank, and a professor at Peking University.
(Hal Turner) The Connecticut Department of Public Health has published the Ingredients list for the Moderna COVID “Vaccine” and that data sheet confirms it contains a chemical “SM-102.”
The SM-102 Material Safety Data Sheet describes this chemical as “NOT FOR HUMAN OR VETERINARY USE”
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Easy Money 