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Latest Articles: Business/Finance

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The Digital Revolution Has Destroyed the Usefulness of Telephones
Post Date: 2022-11-19 08:12:26 by Ada
Today telephones are just invasive devices I remember when telephones were useful as telephones. Today they are used to surf the Internet and for text messages. Most people don’t answer the ring unless they recognize the number. Many never set up their email or message functions on their cell phones. I keep my cell phone off and only turn it on when I have to use it in order to report Internet or power outage or to receive a security code so I can sign on and connect with an Internet financial or payment site. I have ceased answering the house phone unless I am expecting a call. 95% of calls are intrusive scams or robo calls. The digital revolution has made it possible for your ...

Isn't it nice that the 'adults' in the White House and among Democrats are running things, instead of President Trump?
Post Date: 2022-11-18 08:19:45 by Ada
We are constantly told that the American consumer's balance sheet is in great shape. See here and here for that. The mainstream media and Joe Biden's minions claim this because jobs are coming back, the massive slush funds from the government are flowing, and student loan borrowers haven't had to make payments for years.  Isn't it odd then, that consumers are raising credit card and mortgage borrowing rapidly?  Household debt soars at fastest pace in 15 years as credit card use surges, Fed report says Ads by topple Learn More wearetopple.com Could it be that Americans are having to borrow because of high inflation and because real wages have been ...

ELECTION DAY OMEN! The Very Wealthy and Powerful Rothschild Scion Dies on November 8th
Post Date: 2022-11-08 14:13:01 by AllTheKings'HorsesWontDoIt
Sir Evelyn de Rothschild dies aged 91: Financier and philanthropist who helped unite British and French arms of famous banking dynasty and was one of the Queen’s financial advisers passes away ‘peacefully at home’ Sir Evelyn de Rothschild died ‘peacefully at home’ his family has confirmed He was the CEO of the NM Rothschild and Sons Ltd bank between 1972-2003 Under his watch, the family bank’s assets ballooned from £40m to £4.6bn He was knighted by the late Queen in 1989 for services to banking and finance By TOM COTTERILL FOR MAILONLINE British financier Sir Evelyn de Rothschild has died at the age of 91, his family has said in a statement. ...

"Lotto Madness" Sweeps Across America As Powerball Jackpot Hits Record $1.9 Billion
Post Date: 2022-11-07 17:48:30 by Esso
Let's first get out of the way the fact that the lottery is a tax on poor people. Those who can do simple math understand the odds are against them, though it's widely played by low-income Americans hoping to break free from debt and poverty. The lottery preys upon hopes and dreams. With a one in 292 million odds of winning tonight's $1.9 billion Powerball jackpot (yet another record), imagine all the people tapping their resources to play the silly game that most everyone will lose. Advancing Time blog's Bruce Wilds said Americans are being inflicted with "lotto madness" as the Powerball jackpot continues to soar. He said, "for many people a Powerball ...

It’s Happening: Elon Sieges Twitter Carrying a Sink! Ye WINS!
Post Date: 2022-10-28 08:45:53 by Ada
Previously: It’s Over. Ye Wins. Total Aryan Victory. When I first saw the video of Elon Musk barging into the Twitter HQ with a sink, I thought he was going to start bashing people over the head with it. Regrettably, he did not do that, as it possibly would have been illegal (bashing people with a sink is illegal in many districts). It’s unclear why he brought a sink (it appears to be a normal sink, as opposed to some kind of special sink that he needs for his work processes), but it made for iconic imagery. Late Thursday night, Elon finished the deal and became the official owner of Twitter. He then fired all of the top executives immediately, including that Paki Arwarg and ...

Are Gold and Silver Money?
Post Date: 2022-10-19 09:33:46 by Ada
Former Federal Reserve Chairman Bernanke answers no. And so do America’s youth. Awhile back I posted videos of a podcaster who would offer Americans a one-ounce gold coin worth approximately $1,800 for one piece of chewing gum, only to be refused. The youth, who pay with credit cards, not with cash, think money is digital. Consequently a bitcoin is worth many times the value of a gold coin despite the fact that a bitcoin’s value is nebulous and can decline thousands of dollars in a day. And, apparently, gold and silver are not money for people worried about inflation that is allegedly so serious that the Federal Reserve is engineering a recession and pension fund and Big ...

The Government Also Taught Us to Lie
Post Date: 2022-10-13 07:18:13 by Ada
Yesterday I wrote about how the government taught us to steal. Today the lesson is the government taught us to lie. Can any reader identify one issue of consequence about which the government told us the truth? World War I? World War II? The Korean War? The Vietnam War? The assassinations of President John F. Kennedy, his brother Senator Robert Kennedy, Martin Luther King? 9/11? The war in Afghanistan? The Iraq War? The destruction of Libya? Assad’s use of chemical weapons? Covid? The Covid “vaccines”? Ukraine? Readers will find it easier to add to this list than to find one instance of the government telling the truth. Yet, despite government’s 100% lie record, ...

The Rule of Power
Post Date: 2022-10-12 06:41:39 by Ada
Last week PayPal, an online service for making and receiving payments, announced that at PayPal’s “sole discretion” $2,500 would be seized from accounts of those PayPal decided were guilty of spreading misinformation. “Misinformation” is whatever some speech control office at PayPal doesn’t like or dissent from official narratives. In other words, PayPal announced a policy of thought control as described in George Orwell’s 1984. www.rt.com/news/564310-paypal-threatens-deplatform- misinformation-policy/ and sputniknews.com/20221008/...l-to-fine-users-2500-for- spreading-misinformation-1101644714.html Moreover, $2,500 would be seized for each bit of ...

PayPal Automatically Pulls $2,500 In Reparations From All White People's Accounts
Post Date: 2022-10-11 09:52:31 by Ada
SAN JOSE, CA — Last week, PayPal faced backlash after including verbiage in its Acceptable Use Policy that allowed the company to fine users $2,500 for "misinformation." While the company has said that the verbiage was posted "in error" and they never intended to fine users for misinformation, the online community has spotted additional fine print allowing PayPal to levy $2,500 fees against white people for reparations. "Acceptable Use Policy infractions include…being white, for which infraction reparations of $2,500 will be automatically withdrawn from users and redistributed to historically oppressed groups." PayPal's terms of service were ...

12 Genius Ways For Congress To Pay Off The $31 Trillion National Debt
Post Date: 2022-10-06 10:04:08 by Ada
America's national debt just passed $31 trillion for the first time in history. Yikes! Don't worry though, we at The Babylon Bee have a few brilliant money-raising ideas up our sleeves that Congress probably hasn't heard of yet. You're welcome, America! Burn down the Lincoln Memorial for the insurance money: A foolproof plan. Sell the moon to China for $31 trillion: Maybe throw in California for good measure. Nobody will miss it! Two words: BAKE SALE! If we sell around 10 trillion brownies, we'll have that debt licked in no time! And we hear Ted Cruz makes a mean brownie. Get Russia to invade us and watch the aid money roll in: The surest way to untold riches! Ask ...

PayPal Could Be Legally Prevented From Banning People For Their Political Views
Post Date: 2022-09-27 09:19:25 by Ada
New law would end discrimination. PayPal could be prevented by law from banning people over their political views, after the company faced a backlash following its decision to terminate the accounts of several high profile groups. Although PayPal has been banning conservatives and right-wingers for years, its recent move to terminate accounts operated by the Free Speech Union and other groups in the UK that opposed lockdowns and vaccine mandates has apparently been a step too far. Following the controversy, dozens of Conservative Party MPs, including Michael Gove, David Davis and Sir Iain Duncan Smith, signed an open letter to Jacob Rees-Mogg’s Business Department demanding that ...

9 Reasons Not To Worry About The Tanking Economy
Post Date: 2022-09-27 07:36:00 by Ada
The economy is in the toilet! What will you do? Relax! This is nothing to worry about. We're all just transitioning to a brighter future together! Here are 9 reasons not to worry about the tanking economy: Biden and Kamala have totally got this: Never has there ever been a more brilliant pair of politicians than Joe Biden and Kamala Harris. They have something up their sleeve to save us all! ...Right? $4 gas won't be a problem once you've been forced to buy a $100,000 electric car: The Great Green Transition is underway! Money isn't real anyway: Relaaaaxxxx! You're probably fat and could use a few weeks without food: The economy is doing you a favor, fattie! You ...

The Fed Is Aiding the Democrat’s Coup
Post Date: 2022-09-25 09:38:19 by Ada
Dear friends, The Federal Reserve is not conducting an anti-inflationary policy. It is conducting an anti-people policy. The rising prices are not due to excessive consumer demand that needs to be curtailed by choking off credit. The rise in prices are the direct consequence of the idiot Biden regimes’ unnecessary Covid lockdowns and the idiot Biden regime’s Russian sanctions which have disrupted the globalism on which the Washington fools have based our economy. Putting people out of work cannot prevent higher prices due to supply constraints. The Federal Reserve is causing higher prices by further reducing supply. If the Federal Reserve does not know this, the Federal ...

Blain: UK Grieves As Economic Crises Loom
Post Date: 2022-09-15 13:07:31 by Horse
Authored by Bill Blain via MorningPorridge.com, “Give ‘em the old razzle dazzle, give them an act with lots of flash in it..” As London grieves we’re not paying much attention to politics and markets – but we should. The outlook is deteriorating. Confidence is declining and will likely get worse if the new government’s lack of awareness and sensitivity continues. London this week has been extraordinary. It will become more so as literally millions of us are prepared to queue to pay our respects in whatever the weather throws at us. The great affection in which the Queen was held, and our hopes for King Charles, have come to the fore – giving the whole ...

U.S. Incomes Fail to Grow for Second Year in a Row, Census Figures Show Households facing highest inflation in decades recorded median 2021 income of $70,800
Post Date: 2022-09-14 08:48:21 by Ada
Americans as a whole have experienced two years in a row of flat or declining household income, new government data showed Tuesday, reflecting the pandemic’s lingering economic pain as inflation is also taking the largest bite out of pocketbooks in four decades. In its annual assessment of the nation’s financial well-being, the Census Bureau said median household income of about $70,800 in 2021 wasn’t different in a statistically significant way from the inflation- adjusted 2020 estimate of about $71,200. The lack of any real growth for 2021 follows a decrease in incomes recorded in 2020, the first year of the pandemic. Totals in 2020 and 2021 were boosted by significant ...

Inflation Continues to Skyrocket as Fed Claims Raising Interest Rates Will Fix It
Post Date: 2022-09-13 22:57:34 by Ada
I have said that raising interest rates is actually going to increase inflation. People have confronted me about this, but what I’ve said is actually very simple and obvious: Raising interest rates lowers the wealth of the people, and while it should also reduce inflation, it actually means that more entitlements are necessary, which means the government printing more money than the interest rates save. Very simple. Raising interest rates is only a valid way of digging out of an inflation spiral if you do not have entitlements. New York Post: US inflation rose by a higher-than-expected 8.3% in August despite falling gasoline prices — adding pressure on the Federal Reserve as ...

America Says Offer To Trade Biden For The Queen Still Stands
Post Date: 2022-09-10 09:36:12 by Ada
LONDON — Trade representatives in the United Kingdom were surprised to learn that the offer made by the United States to trade President Joe Biden for Queen Elizabeth II still stands, even after the Queen passed away yesterday at the age of 96. "We just assumed that the offer was only valid as long as Her Majesty was still living," said Sir David Cathcart, the recently appointed Minister of Human Trades for the British government. "The offer was initially taken into consideration quite seriously due to Mr. Biden being significantly younger than the Queen, but after doing our research, it became evident that his mental capabilities had degraded to a rather absurd ...

The Public Will Be SHUT OUT Of Gold & Silver | Andy Schectman
Post Date: 2022-08-24 07:07:02 by BTP Holdings
Sign up for the New Orleans Investment Conference and be supporting LibertyAndFinance along the way: bit.ly/3SP58Xu "By the time the herd catches on the insiders are probably already moving in the other direction," says Andy Schectman, CEO & president of Miles Franklin Precious Metal Investments. The COMEX 50-day average rate of gold withdraws just hit a new record high. The wealthy are now taking delivery of physical precious metals. The big money and insiders are making their moves early, but at the end, "the public will just be shut out," says Schectman.

China just ran into something that could be even more devastating for its supply chains than COVID-19 lockdowns: A record heat wave
Post Date: 2022-08-20 13:33:21 by BTP Holdings
China just ran into something that could be even more devastating for its supply chains than COVID-19 lockdowns: A record heat wave BY WILL DANIEL August 20, 2022 at 6:00 AM CDT Video Poster COVID-19 lockdowns in China threw a wrench into global supply chains earlier this year, causing shipping and production delays worldwide, and hindering economic growth. Now, the country is facing another major threat—and this one could be even worse for the economy. China has been coping with its worst heat wave in 60 years this month, with temperatures in several provinces routinely reaching 40°C (104°F). But one key province is experiencing the worst financial repercussions from the ...

The absurdity of the NY AG’s investigation of Trump’s valuations of his properties
Post Date: 2022-08-11 07:56:09 by Ada
The NY AG, Federal Justice Department and other Democrats have been targeting Trump in search of a crime. The NY AG is accusing Trump of inflating his net worth and value of properties. If everyone who thought that they and their net worth and properties were worth more than they are were guilty of fraud, the Jails would be very crowded. If Trump committed fraud the banks would have destroyed him. Banks don’t just take the word of someone who comes in for a loan. They are required to get financial statements, tax returns, and appraisals before they make loans of all sizes, let alone the amounts the Trump Organization borrowed. I was a financial regulator for three years and have ...

"We're Close To The Breaking Point" | John Rubino
Post Date: 2022-08-07 19:48:25 by BTP Holdings
Stocks tanked the first half of 2022, but now markets are rallying again. Volatility will continue to rise, says John Rubino, founder of DollarCollapse.com. But the bigger story is that the current system of fiat currency and debt is coming to an end. "We're close to the breaking point," he says. The realization that there is no painless fix to high inflation will put markets in turmoil. "Over the next few years we could see the next phase of the chaos." It is imperative to be prepared. "The solution to chaos is to limit your risk, because you just can't know exactly what's going to happen."

Bannon: ‘We Need To End The Federal Reserve’
Post Date: 2022-08-07 06:30:57 by Ada
"The Federal Reserve has usurped its power and the power of the American people and our elected representatives," says former WH strategist. Former White House Strategist Steve Bannon claimed the Federal Reserve System has “usurped” the power of the American people by dictating U.S. monetary policy outside the democratic process and therefore must be abolished. “0.5% of the citizens in this country own more assets than the bottom 90%. That’s all happened in the last ten years since 2008,” Bannon said Friday at CPAC 2022 in Dallas, Texas. “The Federal Reserve, by the way, is not owned by the America people, a central bank that is owned by 24 prime ...

Sudden Stock Mkt REVERSAL Possible - Be Prepared To Get Out | Chris Vermeulen
Post Date: 2022-08-06 18:15:46 by BTP Holdings
The current rally in the stock market could continue, or it could reverse suddenly, says Chris Vermeulen of The Technical Traders. Extreme caution is necessary. "This market could roll over very quickly," he says. Within days, investors could lose all their recent gains. A further downturn in stocks could put pressure on precious metals and miners, he says.

The Economy Fell Apart Last Time We Saw THIS | Michael Pento
Post Date: 2022-08-05 17:11:07 by BTP Holdings
Total debt to GDP is at the same ratio as in December 2007 right when the economy fell apart, says portfolio manager Michael Pento. He expects a reversal from the Fed later this year or early next. Investors should be extremely cautious during these trying times, he says. "You cannot have an implosion of the great three asset bubbles in history - stocks, bonds, and real estate imploding together - and have a soft landing. It's just not possible."

How tax freedom is enticing Americans like Logan Paul to move to Puerto Rico
Post Date: 2022-08-05 10:53:41 by Ada
Residents pay no federal income tax or capital-gains tax in Puerto Rico — and that's something that's enticing Americans. Residents pay no federal income tax or capital-gains tax in Puerto Rico -- and that's something that's enticing Americans. Greetings from San Juan: PR Mayor Romero backs de Blasio for Congress Want to pay no federal income tax? Move to Puerto Rico. Really. If you move to the island, you can legally pay none. There’s also no capital-gains tax. You just have to give 4% of your income to Puerto Rico. That tax break was started by a Puerto Rican politician who’d watched years of high taxes fail to improve life on the island. He decided to ...

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