Thursday, April 10, 2025

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LA Seeks $1.9B Bailout Amid $1B Deficit, $38M in Lost Revenue from Fires

(Kenneth Schrupp, The Center Square) Los Angeles is seeking a $1.9 billion state bailout after receiving $2.5 billion in state aid thus far. Los Angeles faces a $1 billion deficit due to spending vastly outpacing revenues — issues that predated the fire and which City Controller Kenneth Mejia has long...

Tim Walz Backtracks after Tesla Comments, Says He Was ‘Being a Smart-Ass’

(Maire Clayton, Headline USA) Minnesota Governor Tim Walz backtracked Saturday after saying he enjoyed watching Tesla stock go down. "I have to be careful about being a smart-ass. I was making a joke," he stated. "These people have no sense of humor. They are the most literal people." https://twitter.com/CollinRugg/status/1903605326999671028     He admitted he...

Opening Statements Set for Bribery Trial of Nadine Menendez, Wife of Ex-Sen. Bob Menendez

(Headline USA) Opening statements are scheduled Monday in the bribery trial of Nadine Menendez, whose prison-bound husband, former U.S. Sen. Bob Menendez, complained she was being treated unfairly by Manhattan federal prosecutors. Nadine Menendez, 58, was originally scheduled to go to trial last year along with the 71-year-old New Jersey...

FBI Spent the Weekend Redacting Jeffrey Epstein Files

(Ken Silva, Headline USA) Attorney General Pam Bondi and FBI Director Kash Patel still haven’t lived up to their promise to release all the DOJ’s records on notorious deceased sex trafficker Jeffrey Epstein—but agents are reportedly working around the clock, including over the weekend, to redact information for impending...

‘Snow White’ Star Wishes Harm to MAGA, then is Shocked when Woke Film Flops

(Luis Cornelio, Headline USA) Disney’s live-action remake of Snow White appears poised to rank among the studio’s worst-performing films in recent years, according to box office numbers reviewed by the Daily Mail.  Starring actress-turned-leftist activist Rachel Zegler, the movie has earned just $3.5 million in Thursday previews and is expected to bring in...

Gold Shatters $3,000: What’s Fueling the Surge and What’s Next?

(Money Metals News Service) The Money Metals Midweek Memo, hosted by Mike Maharrey, delivered a comprehensive analysis of gold’s historic rally, economic uncertainty, and the structural forces driving the surge. For the first time, gold prices surpassed $3,000 per ounce, marking a significant milestone in the market. Over the past 18...

Money Metals Secures $50 Million in Funding to Expand Its Gold-Backed Loan Service

(Money Metals News Service) Money Metals today announced the acquisition of $50 million in equity and debt capital to expand its program giving businesses and investors access to low-interest financing secured by their physical gold and silver. "Accessing cash liquidity without selling precious metals and getting stuck with a capital...

Violent Attacks on Tesla Dealerships Spike

(Headline USA) Attacks on property carrying the logo of Elon Musk's electric-car company are cropping up across the U.S. and overseas. While no injuries have been reported, Tesla showrooms, vehicle lots, charging stations and privately owned cars have been targeted. There's been a clear uptick since President Donald Trump took...

Alleged ISIS Fighter Denied Permission to Go Shopping at JoAnn Fabrics

(Ken Silva, Headline USA) The popular craft retailer JoAnn Fabrics is going out of business, and crafters around the country are flocking to their local store to “panic shop” before its doors close for good. Apparently, the deals at JoAnn are so good that an alleged ISIS fighter asked a...

OUCH! Sidestep These Gold & Silver Blunders…

(Clint Siegner, Money Metals News Service) The unfortunate truth is that it is possible for bullion investors to lose money in an up market. Some buyers are learning that lesson now, and it is worth sharing. Those who understand how these markets work can make better decisions about what to...

$3,000 Gold!

(Mike Maharrey, Money Metals News Service) On Friday, the spot price of gold topped $3,000 an ounce for the first time. This is yet another milestone in a bull run that started last year. Since the end of 2023, gold has climbed to $3,000 from $2,064, a 45.3 percent increase. The...

Regime Media Outlets Lose $53 Million in U.S. Gov’t Contracts

(Headline USA) The government agency that runs the Voice of America has moved to terminate contracts with The Associated Press, Reuters and Agence France-Presse, and told its journalists Friday to stop using material from the wire services. Kari Lake, the former broadcaster turned Republican politician who was selected by President Donald...
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