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Tuesday, November 19, 2024

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Zuckerberg Grilled over Child Abuse in Rare Bipartisan Senate Hearing

(Headline USA) Sexual predators. Addictive features. Suicide and eating disorders. Unrealistic beauty standards. Bullying. These are just some of the issues young people are dealing with on social media—and children's advocates and lawmakers say companies are not doing enough to protect them. On Wednesday, the CEOs of Meta, TikTok, Twitter...

MAHARREY: They Break It! We Buy It! Fed’s Financial Mess Is Ours Too

(Mike Maharrey, Money Metals News Service) The government and the Federal Reserve broke the economy and we have to buy it! Things may seem OK on the surface, but the economy is sliding toward a crisis. It's just a matter of time. In this episode of the Money Metals' Midweek...

Microsoft Skirting U.S. Sanctions to Do Business w/ CCP Firms

(Ken Silva, Headline USA) The American Conservative revealed Monday that Microsoft owns 22% of a Chinese firm doing business with companies sanctioned by the U.S. government. According to TAC, As of late 2023 Microsoft owned 22 percent of Shanghai Wicresoft Co. Ltd., which began in 2022 as a joint venture between the...

Treasury Sec. Yellen Betrays Biden, Debunks Bogus Inflation Claims

(Jacob Bruns, Headline USA) Treasury Secretary Janet Yellen acknowledged in an ABC News interview on Sunday that there was no reversing the damage that has been done by Democrats' inflationary economic policies, Red State reported. Throughout his term, President Joe Biden has made outlandish claims about inflation, calling it "transitory"...

Report: DOJ Opened Criminal Probe into ‘Squad’ Rep.

(Ken Silva, Headline USA) Reporter Jake Sherman, the founder of Punch Bowl News, reported Tuesday that the Justice Department is conducting a criminal investigation into Rep. Cori Bush, D-NY. “THE JUSTICE DEPARTMENT is conducting a criminal probe into @CoriBush, according to six sources familiar with the investigation,” Sherman tweeted, promising...

Could Commercial Real-Estate Sector Trigger the Next Financial Crisis?

(Mike Maharrey, Money Metals News Service) Could the commercial real estate market be the next thing to pop in this bubble economy? According to a recent working paper published by the National Bureau of Economic Research, the answer is yes. And that could kick off the next major financial crisis. Based...

How Much Does a Pound of Gold Cost?

(Mike Maharrey, Money Metals News Service) How much would it cost to buy a pound of gold? It actually depends on what you mean by "pound." Yes. There is more than one kind of pound. We typically talk about the price of gold in terms of ounces. As I write...

Americans Are Becoming Homeless as Rent Skyrockets

(Dmytro “Henry” Aleksandrov, Headline USA) It was recently reported that right now there are well over half a million Americans who are homeless due to surging rent prices. The report that was released on Jan. 25, 2024, by Harvard’s Joint Center for Housing Studies revealed that about 653,000 people reported being...

Hack SNL Writers Don’t Know What ‘De-Banking’ Means

(Ken Silva, Headline USA) Donald Trump recently made it a part of his presidential platform to prevent financial institutions from arbitrarily closing the customers’ accounts over their political views—a process known as “de-banking.” De-banking became a national issue when numerous critics of COVID-19 restrictions lost their accounts. Others, such as...

Texas Gov. Greg Abbott Delivers a Vote of No Confidence

(Clint Siegner, Money Metals News Service) Texas Gov. Greg Abbott gave up on the Biden administration doing much to secure his state’s border with Mexico. An estimated 6 million people, including large numbers of fighting age men, have been pouring illegally into border states over the past 3 years. Abbott...

Fed Balance Sheet Reveals It Was a Half-Hearted Inflation Fight

(Mike Maharrey, Money Metals News Service) It appears more and more likely that the Federal Reserve is poised to completely abandon any pretense of fighting inflation, despite the fact CPI remains well above the 2% target. The Fed has already paused interest rate hikes, and most analysts expect rate cuts...

Biden Says the Quiet Part Out Loud: Calls Trump ‘Sitting President’

(Luis Cornelio, Headline USA) In a Saturday speech in South Carolina, President Joe Biden referred to his predecessor, Donald Trump, as the "sitting president." This verbal misstep prompted the White House to swiftly correct the official transcript of the president’s speech. The revised version falsely portrayed Biden's statement as referring to...
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