Musk Warns Biden-Backed 40% UAW Pay-Hike Risks Big 3 Bankruptcy (Again)
Update (1450ET):
Elon Musk is correct. The risk of UAW’s 40% pay hike for its 150,000 members at the “Big Three” US automakers – General Motors, Ford, and Chrysler – …
Ted Cruz: “The Odds Are Very Significant” That Michelle Obama Will Replace Biden
Authored by Steve Watson via Summit News,
GOP Senator Ted Cruz has speculated that Joe Biden will not be chosen as the Democratic nominee for 2024 and that t…
JPMorgan Settles Jeffrey Epstein Case For $75 Million, Avoiding Trial
JPMorgan Chase has agreed to pay the US Virgin Islands (USVI) a scant $75 million to settle a lawsuit alleging that the bank knowingly aided Jeffrey Epstein’s underage s…
“The Outlook Is Dismal” – Dallas Fed Surveys Signal Stagflation Threat In September
September was an ugly month for Texas with both Manufacturing and Services surveys chock-full of disappointment and stagflationary signals.
The goods news…
Hunter Biden Sues Giuliani For ‘Hacking’ His Abandoned Laptop
Hunter Biden, who abandoned his laptop – the Rosetta stone of his family’s corruption, at a Delaware repair shop, has sued Rudy Giuliani and his longtime lawyer Robert Costello,…
Conference Board Confidence Tumbled In September As ‘Hope’ Fades
After reaching two year highs in July, The Conference Board consumer confidence survey has dropped for two straight months with the headline index tumbling to its lowest sinc…
Sidney Homer’s Odyssey
By Michael Every of Rabobank
Bonds were battered again yesterday, the US 10-year closing up 10bps at 4.53%, a new cycle high. “4% or 5% next?”, many are asking. To understand that odyssey, it’s time to dip into Home…
US New Home Sales Crashed In August
After months of soaring in the face of higher mortgage rates (and higher prices), new home sales hit a wall in August, crashing 8.7% MoM – the biggest drop since Sept 2022 (and four times worse than the …
Leftists In Canadian Parliament Seek to Erase Embarrassing Nazi Incident From The Record
In George Orwell’s dystopian novel 1984, he describes a bleak and insidious future in which tyranny is absolute in every sense. It is not just autho…
US Announces $2 Billion Loan For Poland To Spend On Military
Authored by Dave DeCamp via AntiWar.com,
The Biden administration on Monday announced a $2 billion loan for Poland that will go toward modernizing Warsaw’s military.
“Today, th…
