L.A. Times: "Although President Trump has directed states and hospitals to secure what supplies they can, the federal government is quietly seizing orders, leaving medical providers across the country in the dark about where the material is going and how they can get...
money
Where Is All The Money Going From The Covid-19 Stimulus Bill?
by Steven Woskow | Mar 30, 2020 | Blog
The Visual Capitalist has an excellent graphic showing who-gets-what. Note their is approximately $17 billion "required for national security". That is believed to be for Boeing. Of course money is fungible and this visual only shows broad categories....
Meet The New Boss – At The Fed
by Steven Woskow | Mar 27, 2020 | Blog
Jim Bianco at Bloomberg "The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does...
But Why is the USA Committing Genocide in Yemen?
by Scott Horton | Mar 20, 2020 | Blog
For the money of course, dummy. Oh yeah no I mean Iran something something yeah right.
Don’t Bailout The Share Buyback Queens
by Steven Woskow | Mar 17, 2020 | Blog
From Wolf Richter at Wolf Street. The Trump administration is considering a $850-billion stimulus package (bailout) for corporate America. This includes a bailout for the airline industry - the same airline industry that spent the past few years spending cash and...
‘Distrust in Lebanese banks spurs bitcoin boom’
by Phil Gibson | Mar 3, 2020 | Blog
"If you're fighting for a world where bitcoin is a main currency, you're fighting for the end of all governments...We had the separation of church and state - today, bitcoin is working towards the separation of money and state.""Bitcoin is protected by mathematics,...
Millennial Success Threatens Default Keynesian Fed-Heads
by Phil Gibson | Feb 20, 2020 | Blog
God forbid my generation gets ahead. Ladies & gentlemen, boys and girls, I give you Default Keynesian 101. Today’s “economists” demonize my fellow millennials’ practice of fiscal responsibility. It’s a miracle my generation can express financial-sovereignty at the...
CDC, Epidemics And “Panic”
by Zack Sorenson | Feb 17, 2020 | Blog
Could world health authorities be concealing information from the public at all right now? Who knows, could be. If they are doing this, is the need to "prevent panic" itself preventing people from having the information they need to take proactive protective measures?...
Blog
Pentagon Fraud: A Feature and Not a Bug Part XVII
The easiest solution to this is stand the entire military industrial complex down until they fix this. But that is far too responsible. The fraud you are seeing in MN, WA and MA is large but the financial mismanagement in the Pentagon is hundeds of billions of dollars...
New US Army Tank Just in Time for Retirement
“You can ignore reality, but you cannot ignore the consequences of ignoring reality.” - Ayn Rand I have said that aircraft carriers are the chariot and crossbow of the 21st century not fit for purpose on the oceans and the tank is certainly a nominee for that notion....
Trump Announces US Take Over of Venezuela, Kidnaps Maduro & Bombs Caracas
A pre-dawn post, a capital in darkness, and a president in cuffs aboard a U.S. ship—what started as a “one-night raid” is already morphing into something far bigger. We unpack how the strike on Venezuela unfolded, why the official story leaves key gaps, and what it...
“It’S OK To SeLL OuT!”
Money has less value than it’s ever had, and yet to sell out is an open goal. We have become accustomed to being lied to, not just from politicians but the celebrities who compete for our attention online. They use their platforms as infomercials or to advertise...
The Pentagon Fat Amy Follies: Part XXCII
Happy New Year! Block 4 in concert with TR-3 (Technology Refresh 3) is the upgrade to solve all the inherent problems of the bird to include its poor design choices from the beginning of this massive failed program (a 2023 Congressional mandate). According to the GAO,...
Connor Boyack on Venezuela: ‘I’ve Seen This Story Before’
Maduro’s capture illustrates what I believe is one of the biggest problems in politics: people frequently treat principles as costumes—worn when convenient, discarded when costly. Over nearly two decades working in and around politics, I’ve watched the same pattern...
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