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Friday, December 20, 2024

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Business Owners FUME After Newsom Imposes New Lockdown in Calif.

(Headline USA) California gym owner D'Lee Daleo has spent months following ever-changing rules to keep her struggling business afloat during the coronavirus pandemic, so the prospect of tighter state regulations has her feeling demoralized. “We have done so much and every time they just come in and slap us back down,"...

Quantitative Easing Our Way to Currency Destruction

(David Morgan, Money Metals News Service) We now have a clearer vision of what lies ahead on the global landscape; the trend that is now coming to fruition is that the standard of living for almost everyone in the world is going to sink lower. For some, for .0001% of the...

COVID SOCIALISM: Work-From-Home Tax Proposed to Redistribute Wealth

Now that coronavirus mass hysteria and mandatory lockdowns have pushed workers into their homes, socialist schemers seek to institute a work-from-home tax, WSOC-TV in Charlotte reported. The tax revenue would be used as a $1,500 per month universal basic income payment for people who stay at home but do not...

Michigan Gov. Whitmer Seeks Shutdown of Great Lakes Oil Pipeline

(Headline USA) Michigan Gov. Gretchen Whitmer took legal action Friday to shut down a pipeline that carries oil beneath a channel that links two of the Great Lakes. Whitmer's office notified the Canadian company that it was revoking an easement granted in 1953 to extend a roughly 4-mile section of the...

Mutual of Omaha Replaces Indian Chief Logo with African Lion

(Headline USA) Mutual of Omaha on Thursday unveiled a new corporate logo depicting an African lion, replacing the Indian chief head that had been the symbol of the insurance and financial services company for 70 years. The Omaha, Nebraska-based company announced in July its plans for a change as corporations and...

Trump Thinking About Starting His Own Media Network to Compete w/ Fox News

Should he be unable to prevail in his challenges to the projections favoring Democrat Joe Biden in the Nov. 3 election, President Donald Trump is reportedly looking into building his own media network to directly compete with Fox News. “He plans to wreck Fox. No doubt about it,” a route...

Even Californians Don’t Want Property Tax Hikes; Reject Ballot Referendum

(Headline USA) California voters have rejected a proposal to partially dismantle the state’s 42-year-old cap on property taxes, a move that would have have raised taxes for many businesses in a pandemic-hobbled economy. Following Tuesday’s update to the vote count, Proposition 15 had only about 48% support and was trailing by...

Gold Climbs Following Election Results, Then Retreats

Gold prices closed Friday at a 7-week high above $1,950/oz. The monetary metal also appeared to break out of a larger consolidation pattern that formed after all-time highs were hit in August. But with news today of a vaccine breakthrough, gold has fallen back below its breakout point. It is now...

Unemployment Drops to 6.9% and US Adds a Solid 638,000 Jobs

(Headline USA) The U.S. job market showed a burst of strength in October, with employers adding 638,000 jobs and the unemployment rate tumbling to 6.9%. Still, the pace of hiring isn’t enough to rapidly soak up the millions of Americans who were thrown out of work by the pandemic recession. The job...

Get Ready for a Post-Election ‘Fed Wave’ of Inflation

As accusations of voting irregularities mount, President Donald Trump’s legal team is descending on Pennsylvania and Georgia as well as multiple battleground states that have been called by media outlets for Joe Biden. It will be an uphill battle for Trump to get to 270 electoral votes. As of this writing...

US Businesses Board Up Storefronts in Anticipation of Post-Election Riots

(Headline USA) Judging by the plywood, it’s shaping up to be an Election Day like no other. In downtown Washington, the sounds of hammers and power tools echoed through the streets Monday as workers boarded up dozens of businesses. In New York City, businesses from Macy’s flagship store in Herald Square to...

MORE GOOD NEWS: US Manufacturing Activity at Highest Levels in Two Years

(Headline USA) U.S. manufacturing posted a strong gain in October to the highest level in two years. The Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index rose by 3.9 percentage-points to a reading of 59.3% last month, up from 55.4% in September. It was the...
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