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The US economy is in “The Deep.” Deep into yield curve inversion, that is. The US Treasury 10Y-2Y yield curve swam deeper into inverse at -75 basis points. The deepest inversion since just before The Great Recession and housing market crash.

The US is an inflation nation under Beijing Biden. Today, the PPI Final Demand YoY index printed for October was still agonizingly high at 8% YoY (The Fed likes to see 2% for inflation). True, PPI Final Demand YoY is down from its recent peak of 11.7% YoY in March. But notice that M2 Money YoY (liquidity) has collapsed following the Covid surge (green line). Then I have this update on Sam Bankman-Fried of FTX and Alameda Research notoriety. As Sam Bankman-Fried’s crypto empire imploded last week, costing him effectively all of his $15.6 billion fortune, other digital-asset billionaires sought...

There are pledges and there are pledges. Some are realistic, others are not. Some are pure fantasy and are best left that way. Remember Joe Biden's pledge from 2019? “I want you to look at my eyes. I guarantee you, I guarantee you we’re going to end fossil fuels.” He repeated it recently "There is no more drilling. I haven't formed any new drilling," I guarantee you it won't happen. Were it possible, there would be no Christmas. Were it possible, you most likely would die and so would your kids. Facts are stubborn things. Joe Biden is determined to...

President Biden is expected to announce a proposal for stronger regulations on the oil and gas sector aimed at controlling emissions of a planet warming gas called methane. The stronger methane regulations are part of a slew of climate-related actions that Biden is expected to announce during his trip to the COP27 global climate summit in Egypt. The Environmental Protection Agency (EPA) projects that in 2030, the requirements would cut 87 percent of methane emissions from the pollution sources that it regulates when compared to 2005 levels. The proposal strengthens a Biden administration proposal from last year that was expected...

His Fraudulency Joe Biden is refusing to commit to a post-midterm press conference and will be fleeing the country a little over 36 hours after polls close on Election Day. Just ten days ago, and likely due to the fact that the red wave writing was clearly on the wall by then, the White House announced Biden would leave Thursday for Egypt to attend something called the COP 27, a globalist thing involving the corrupt United Nations and dedicated to furthering the Climate Change Hoax.

Indonesian authorities said on Monday (Nov 7) it could take up to a month to free a crude oil tanker stuck in its waters, while the United States slapped sanctions on the vessel for alleged links to Hezbollah and a branch of Iran's Revolutionary Guards. The Indonesian navy has been trying to free the Djibouti-registered vessel, Young Yong, which ran aground off Indonesia's Riau Islands on Oct 26. The US last week issued sanctions against an international oil smuggling network it said supports Hezbollah and Iran's Quds Force, targeting dozens of people, companies and tankers as Washington sought to mount...

Depending on which polls you look at, the Democrats are almost certain to lose the House tomorrow and might even lose control over the U.S. Senate: <@InteractivePoll tweet projecting huge Red Wave tomorrow> Sensing a midterm disaster (and a loss of power), Speaker Pelosi is resorting to a tactic that’s also been adopted by the Biden administration: Gaslighting like crazy. Who are you going to believe, your lying bank account, gas & grocery bills, or Nancy Pelosi: Oh please. And of course the Democrats have no interest in power (cue massive eye roll). Pelosi is funny, just not “ha ha”...

Hey, so remember that time the other day when President Joe Biden promised that “we’re gonna be shutting these [coal] plants down all across America”? VIDEO AT LINK............... Remember how the following day, Biden’s press secretary Karine Jean-Pierre attempted — quite poorly — to walk Biden’s remarks back? She claimed that his remarks had “been twisted” by people with bad intentions, and that he was really and truly and sincerely sorry if anyone took his comments to mean that he was promising to shut down coal plants when he said he’d shut down coal plants. “I apologize if you were...

Small businesses are struggling to pay rent due to higher rent inflation and fewer customers. The struggles vary by type of business. ... Record Surge in Small Business Delinquencies Alignable reports Record Surge In Rent Delinquency: Up 7% In October, Totaling 37% For U.S. SMBs Due to ongoing economic challenges, small business owners' ability to pay their full rent on time in October took a major hit based on a new Alignable poll. In fact, the U.S. rent delinquency rate among small businesses jumped 7% in just one month, marking the largest, most rapid increase in 2022. In September, rent...

At a glance Four days from Election Day, Democratic pollster John Zogby said that Republicans maintain “a clear advantage” with voters. Women are deserting Democrats – one of the most striking midterm developments – and even the friendly media is questioning Biden and his mental competence. “It’s the House and Senate Republicans that are making the most gains on issues including inflation, crime, and immigration,” Zogby said. Rasmussen Reports noted that Biden also is losing a slew of independent voters. “The Republican lead is due mainly to a 13-point advantage among independent voters,” Rasmussen said. “Among voters not affiliated with...

President Joe Biden (D) snapped at a young woman who attended a political rally that he hosted on Sunday at Sarah Lawrence College in New York for gubernatorial candidate Kathy Hochul. “No more drilling. There is no more drilling,” Biden snapped at a young woman in the crowd. “I haven’t formed any new drilling.” “There are at least five more years of offshore drilling,” the woman shouted back. “— in the Atlantic or the Pacific but in the Antarctic and off the gulf of New Mexico.” “That was before I was president,” Biden responded. “We’re trying to work on that...

The Biden Administration will be known to history for many things: an open border and its deadly consequences, the abandonment of Afghanistan, weakness that led to catastrophe in Europe, skyrocketing inflation, and the use of federal law enforcement to target political opponents. ... American people must deliver to Joe Biden an unequivocal message: that they refuse to be gaslit, that they are not buying what he is selling. .... Biden’s open border. The reversal of Trump-era border enforcement, and his effective encouragement of illegal border crossings, has led to widespread human suffering. ... Americans are dying, too, as toxic fentanyl...

During A 11/6/22 Speech, Joe Biden Declares He's For "No More Drilling" Just Days Before Midterm Elections

A joke was going around that President Joe Biden visiting Pennsylvania could only help candidate John Fetterman lose. As it turns out, Biden’s trip to California might hurt Democrats with Pennsylvania voters more than appearing in the Keystone State did. As PJ Media’s Kevin Downey Jr reported yesterday, Biden decided to tell voters that his administration would be shutting down coal plants all across America and transitioning to wind and solar power during an unnecessary trip to California. Last I checked, no one will get beyond the margin of cheating to beat Gavin Newsom. Townhall.com @townhallcom · Follow BIDEN ON...

As if John Fetterman’s debate with Dr. Oz wasn’t enough of a campaign killer, Joe Biden announced today that he will be closing coal plants in favor of wind and solar power.Joe Biden just said that he’s going to shut down coal plants all over America and replace them with wind and solar.Retweet so every voter in Pennsylvania and Ohio will see this.pic.twitter.com/65BvGIqzVG— Ryan Fournier (@RyanAFournier) November 4, 2022Let’s see how that goes over with Pennsylvania voters, especially considering that Fetterman claimed a while back he is against fracking, although he flip-flopped when asked about this in the debate.What happens...

Biden just went to California and announced he will shut down coal plants all across AmericaYou hear that, PA? https://twitter.com/JackPosobiec/status/1588638393344352256

WILMINGTON, DE - AUGUST 12: Presumptive Democratic presidential nominee former Vice President Joe Biden and his running mate Sen. Kamala Harris (D-CA) arrive to deliver remarks at the Alexis Dupont High School on August 12, 2020 in Wilmington, Delaware. Harris is the first Black woman and first person of Indian descent to be a presumptive nominee on a presidential ticket by a major party in U.S. history. Drew Angerer via Getty Images The Biden administration announced on Wednesday, six days before the upcoming midterm elections, that the federal government would help pay power bills for qualifying low- and moderate-income households....

Yesterday, while Joe Biden was stumping for Democrats who are getting crushed by pro-Trump Republicans in Hallandale, Florida, he either became extremely confused or is the biggest serial liar in Washington DC. While addressing inflation, Biden told the small group, “Inflation is a worldwide problem right now because of a war in Iraq and the impact on oil and what Russia’s doing…excuse me, the war in Ukraine.” He suddenly stopped and appeared to have caught himself in another whopper. Did he catch himself because someone in the audience signaled to him, or is it possible he’s wearing an earpiece, and...

Apparently confirming the view of Saudi Crown Prince Mohammed bin Salman (MbS) that the U.S. is now regarded as just another one of its partners in a new global order that would see Beijing and its allies share the leadership position with Washington, Saudi Arabia last week reiterated its commitment to China as its “most reliable partner and supplier of crude oil,” along with broader assurances of its ongoing support in several other areas. That MbS seemingly now sees the U.S. as a partner just for its security considerations, with no meaningful quid pro quo on Saudi Arabia’s part, whilst...

Patricia Zengerle is a reporter for Reuters who covers Congress, with a focus on foreign policy. And apparently her gig pays pretty well. At least well enough for high gas prices not to be an issue for her: "Patricia Zengerle @ReutersZengerle I don’t get the obsession with “high” gas prices." Seriously, peasants. What are you complaining about?