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Thursday, August 18, 2022

Not The Onion: Fed Calls For Tougher Regulation To “Prevent Asset Bubbles”

After singlehandedly creating the biggest asset bubble in history, where the global economy has avoided collapse (so far) thanks to some $20 trillion in Fed liquidity conduits, monetary stimulus and helicopter money (the Fed is now openly monetizing all the debt the Treasury issues in order to avoid collapse), we seems to have moved into…

Stockman Calls “Bulls**t” On The Latest COVID-19 Fear-Mongering About Spikes In Texas, Arizona

Authored by David Stockman via Contra Corner blog, Dr. Fauci and the Scarf Lady are not the only Virus Patrol miscreants spreading the Covid Hysteria and thereby empowering the authorities to keep suffocating everyday economic life and personal liberty in America. In fact, there is a whole camarilla of current and former health officials, purported…

UN Calls For Trillion Dollar Debt Jubilee For Poorest Countries 

For weeks, the United Nations, International Monetary Fund, and World Bank have stated the only solution for emerging market economies severely damaged by the coronavirus outbreak is a "debt jubilee." The United Nations Conference on Trade and Development (UNCTAD) published a note on Thursday morning that said about $1 trillion in debt owed by developing countries should be canceled…

Calls For Global Debt Jubilee Grow Louder As ‘Anything Goes’ Policy Mania Takes Over

About 140 global organizations and charities are calling for a worldwide Debt Jubilee to avoid some of the world's poorest countries from collapsing into chaos amid the COVID-19 crisis, reported BBC News.  The British-based Jubilee Debt Campaign is leading the movement ahead of the G20 meeting this week. "Developing countries are being hit by an unprecedented…

BofA Calls For “War-Time Measures”, Urges Near-Total Fed Takeover Of Capital Markets

Last Sunday, when the Fed threw what appeared to be the kitchen sink at crashing markets, cutting rates to 0%, unveiling a $700BN QE (since expanded to include another $100BN in MBS), and enhancing G-5 central bank FX swap lines (since expanded to include numerous non-G5 banks), many wondered why the Fed withheld the one…

Elon Musk Calls Bill Gates “Underwhelming” After Gates Admits He Drives A Porsche Taycan

Elon Musk's babiness and petulance seems to know no bounds, even with Tesla stock scorching near all time highs, allowing the billionaire to raise capital for his empire at absurd prices. But that didn't stop Musk from taking a jab at follow billionaire Bill Gates - who you may know from running a company that actually…

Senator Calls For Immediate Shut Down Of All Flights From China To US

Authored by Paul Joseph Watson via Summit News, Senator Tom Cotton is calling for an immediate shut down of all flights from China to the U.S., warning that Beijing is lying about the full extent of the coronavirus outbreak. The death toll from the virus, which has now reached every region in mainland China, has…

Yale Psychiatrist Calls On Pelosi To Put “A Mental Health Hold” On Trump

Authored by Jonathan Turley, I have previously criticized psychiatrists who have regularly appeared on the air to identify a variety of mental illness that they have observed in President Donald Trump from afar. As I discussed in a prior column on the demise of the Goldwater rule, this is diagnosis without examination and often seems mixed…

NY Gov Cuomo Calls Jewish Machete-Attack “An Act Of Domestic Terrorism”

Update (1045ET): New York Governor Andrew Cuomo called the Saturday night stabbing-attack at a rabbi's home an act of domestic terrorism and said he was directing the state police hate-crimes task force to investigate. “This was a despicable and cowardly act,” Gov. Cuomo said in a statement about the attack in Monsey. “I wish I…
pompeo-calls-for-iran ‘crackdown’-videos,-sanctions-comms-minister-after-5-day-internet-block

Pompeo Calls For Iran ‘Crackdown’ Videos, Sanctions Comms Minister After 5-Day Internet Block

Internet in Iran is reportedly being slowly restored in some cities after an unprecedented complete shutoff by the government for five days straight. This after a week ago a mass gas price hike unleashed a wave of popular protests in some 100 cities across Iran, which has seen some 100 to 200+ people killed in…

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