Home Sales Collapse in October
2022-11-22
Another indicator of a slowing economy: Existing home sales in the US dropped 28.4% year-over-year in October, the worst level since the subprime mortgage meltdown in 2008.
The Friday Five – Setting the Stage for the Mark
2022-11-18
The New York Fed is launching a 12-week proof-of-concept trial of a Central Bank Digital Currency (CBDC) just as lawmakers clamor for more control over cryptocurrency in the wake of the $35 billion FTX bankruptcy.Continue Reading
Activists Warn TikTok Being Used by Predators
2022-11-17
Forbes reports that the video sharing app TikTok, which boasts more than 1 billion monthly users, is being used by pedophiles and predators to share pornographic videos featuring children.Continue Reading
Climate Repentance at Mount Sinai
2022-11-16
An interfaith group of religious environmental activists broke mock stone tablets on a mountain in Egypt believed by some to be Mount Sinai, symbolizing the need for “climate repentance.”Continue Reading
The Friday Five – ‘Global Societal Collapse’
2022-11-11
A hedge fund founded by Wall Street billionaire Paul Singer warned its clients this week that the sudden end of cheap money has “made possible a set of outcomes that would be at or beyond the boundaries of the entire post-WWII period.”Continue Reading
The Red Trickle
2022-11-10
The expected “red wave” failed to materialize Tuesday night. Although Republicans are expected to win a majority of the House, Democrats may keep a slim edge in the Senate. In other news, God is still on His throne.Continue Reading
The Friday Five – Gaslighting Political Violence
2022-11-04
President Biden this week condemned political violence as a threat to democracy, but strangely enough, he failed to mention threats to Republican politicians or $2 billion property damage from “fiery but mostly peaceful protests” by liberals.
US Boots Are on the Ground in Ukraine
2022-11-03
The Pentagon confirmed earlier this week that American troops are on the ground in Ukraine to inspect stockpiles of weapons sent by the US. The proxy war between the US and Russia threatens to get hot.Continue Reading
Big Brother Meets Big Tech
2022-11-02
The Intercept reports that the Department of Homeland Security is broadening efforts to clamp down on speech it considers dangerous by partnering the big tech platforms. This isn’t news to anyone who’s been paying attention.Continue Reading
Grain, Rain, and Diesel
2022-11-01
Drought across America’s farm belt threatens winter wheat and next year’s wheat, corn, and soybean crops. Add to that record low supplies and surging demand for diesel, and higher food prices will be with us for a while.Continue Reading