For stock investors for much of this year, the trillion-dollar AI promise has masked a big threat in this era of Federal Reserve hawkishness: Real-world borrowing costs have jumped across Corporate America.
Now Wall Street is fretting over the monetary danger in a week that Jerome Powell signaled his resolve once again to keep the policy stance tight — sparking a rout across Big Tech and beyond.
His tool of choice to cool the still-hot US economy: Ensuring interest rates adjusted for inflation — seen as true cost of money for borrowers — stay elevated. Real yields, which touched decade-highs this week, need to stay meaningfully positive “for some time,” the Fed chief said at the policy gathering.
It’s a chilling message for the top-heavy US equity market. Double-digit gains this year have been fueled by optimism that nascent technologies such as artificial intelligence will unlock a new wave of growth for technology companies, justifying the sector’s eye-watering valuations. Yet skepticism is setting in as the cost of capital climbs, threatening to pressure companies big and small.
A saltwater intrusion in the water supply that's pumped out of the Mississippi river is threatening the drinking water of nearly 900,000 residents in Louisiana.
Water with high salinity levels can pose serious health risks to human if ingested, and if contaminated, it could be months before fresh water returns as long as the drought persists.
Mayor of New Orleans LaToya Cantrell declared a state of emergency due to the saltwater intrusion on Friday, in alignment with the Governor's Office.
'Unfortunately, we just haven't had the relief from dry conditions that we need,' Gov. John Bel Edwards said at a Friday news conference in New Orleans.
Many concerned households and business owners say they fear for their health, with some claiming they have had enough and are looking to move house.
Webmaster addition: Much of the water in that area comes from aquifers. The Mississippi river is heavily polluted. When I worked on the Mississippi Queen as an entertainer, the running joke was the Mississippi river was too thick to drink and too thin to plow, so they put boats on it!
It looks increasingly likely that at least one member of the United States Senate may owe his seat in the world’s greatest deliberative body not to his charisma or the persuasiveness of his message but to voter fraud.
As the Wall Street Journal's John Fund reports, Minnesota Democrat Al Franken’s narrow, 312-vote victory in 2008 over incumbent Sen. Norm Coleman may have come as the result of people being allowed to vote who, under existing law, shouldn’t have been.
The certification of Franken as the victor came only after a series of recounts dragging out for almost half a year. It also sparked an investigation by Minnesota Majority, a conservative watchdog group that compared the list of those recorded as having voted in the election against what Fund calls “criminal rap sheets.” The group found, in what appears to clearly warrant further and official inquiry, that
… At least 341 convicted felons voted in Minneapolis's Hennepin County, the state's largest, and another 52 voted illegally in St. Paul's Ramsey County, the state's second largest. Dan McGrath, head of Minnesota Majority, says that only conclusive matches were included in the group's totals. The number of felons voting in those two counties alone exceeds Mr. Franken's victory margin.
Thus far no one is calling for the results to be overturned. Indeed Dan McGrath, who spearheaded the inquiry, told Fox News, "We aren't trying to change the result of the last election. That legally can't be done." He added: “We are just trying to make sure the integrity of the next election isn't compromised."
If we told you that a man accused of carrying $1.6 million in fentanyl in Pittsburgh didn't show up for his court date after being released on non-cash bail earlier this month, would you be surprised?
But that was precisely the case in Allegheny County, Pennsylvania, where 27 year old Carlos Pichardo Cepeda failed the appear for court. The New Yorker "is accused of carrying hundreds of thousands of fentanyl doses at a Pittsburgh bus station," according to Triblive.com.
Pichardo Cepeda was previously handed a nonmonetary bond by a district judge and released after his arrest. This past Tuesday was his second court date that he missed, the report says. Republicans are blaming the cashless bail while Democrats are placing blame on the DA's office dragging its feet in prosecuting the case.
Pichardo Cepeda was arrested August 31 at the Greyhound Terminal in Downtown Pittsburgh. He had 9 kilograms, or about 450,000 doses, of fentanyl on him with a street value of $1.6 billion.
His criminal history included seven prior arrests, two misdemeanor convictions and pending cases in New York for grand larceny and sexual assault.
Webmaster addition: The Democrats have turned this nation into a criminals' paradise!
A number of Maine’s weekly and daily papers have been bought by George Soros’ Open Society Foundation.
According to Semafor, Soros and medical device billionaire philanthropist Hansjorg Wyss played a central role in this purchase, giving millions to the National Trust for Local News.
In July, it was announced that the National Trust for Local News bought all five of Masthead Maine’s daily newspapers including the Portland Press Herald and the Sun Journal, along with 17 weekly papers, in partnership with the Maine Journalism Foundation.
A spokesperson for Open Society told Semafor that the foundation was one of National Trust’s financial supporters, but denied funds from the foundation being specified for the purchase.
A spokesperson told the Bangor Daily News that "our grants to date have not included earmarks for specific projects."
In Part 2, we present documented evidence of non-fatal but severe injuries in children who were healthy and lost their ability to live normally after receiving the human papillomavirus (HPV) vaccine—believed to be one of the most effective vaccines developed to date.
Gardasil was launched in the United States, Germany, and Denmark in 2006 and in Australia in 2007.
The following cases were documented by doctors, medical papers, and filmmakers. Their diligent work allows us to be able to put them together and systematically analyze the mechanisms of injury associated with the HPV vaccines.
'Our Paula Is Gone'
Paula Aldea was a normal, healthy young girl. Since taking the HPV vaccine, she can no longer walk and now relies on a wheelchair. "Our Paula is gone," her father said.
According to The Epoch Times documentary "Under the Skin," on May 26, 2022, Paula received her first HPV vaccination. On June 25, she called her father at 10:25 a.m., crying at a bus stop and needing him to quickly come to get her—she could no longer feel her legs.
In his address to the U.N. General Assembly on Friday, Benjamin Netanyahu said that his country is on the verge of a historic peace agreement with Saudi Arabia. During his remarks, the Israeli Prime Minister also brandished a map with Palestine missing.
“There’s no question the Abraham Accords heralded the dawn of a new age of peace,” Netanyahu declared, referencing Israel’s Trump-era normalization deals with authoritarian Arab governments. “But I believe that we are at the cusp of an even more dramatic breakthrough, an historic peace between Israel and Saudi Arabia. Peace between Israel and Saudi Arabia will truly create a new Middle East.”
An FBI informant cofounded one of the largest and oldest neo-Nazi organizations in U.S. history: the National Socialist Movement, a group connected to numerous crimes and violent events, including the deadly 2017 Charlottesville “Unite the Right” rally, according to previously unpublicized records reviewed by Headline USA.
The documents—a trove of FBI memos, affidavits and court records that this publication has dubbed the “Fed Files”—further indicate that the NSM allegedly had informants in prominent positions throughout much of its nearly 50-year history.
Once known as the “Hollywood Nazis” for its flamboyant demonstrations and crude propaganda, the NSM has also been accused of being co-opted by the FBI in a lawsuit filed by a former member who is now in prison.
Jacinda Ardern may no longer be Prime Minister of New Zealand, but she was back at the United Nations continuing her call for international censorship. Ardern is now one of the leading anti-free speech figures in the world and continues to draw support from political and academic establishments. In her latest attack on free speech, Ardean declared free speech as a virtual weapon of war. She is demanding that the world join her in battling free speech as part of its own war against “misinformation” and “disinformation.” Her views, of course, were not only enthusiastically embraced by authoritarian countries, but the government and academic elite.
In her speech, she notes that we cannot allow free speech to get in the way of fighting things like climate change. She notes that they cannot win the war on climate change if people do not believe them about the underlying problem. The solution is to silence those with opposing views. It is that simple.
From the filmmakers of ‘Kiss the Ground’ (Netflix) comes the follow-up documentary ‘Common Ground,’ recipient of the Tribeca Film Festival 2023 Human/Nature Award. Coming to select theaters in the US starting September 27th. https://commongroundfilm.org
Sobering yet hopeful, ‘Common Ground’ exposes the toxic interconnections of American farming policy, politics, and health, by sharing stories of destruction and healing across the United States and beyond, and how regenerative agriculture and soil health plays a vitally important role in changing these systems for the better. At it's root, it explores how people from different walks of life, different political backgrounds, and different places share one thing in common – the very soil beneath their feet.
The film is directed by Josh and Rebecca Tickell, who have created bold and inspiring environmental films for many years (Kiss the Ground, On Sacred Ground, Regenerate Ojai, Fuel, The Big Fix), while winning coveted awards along the way from Sundance, Cannes, Red Nation, and Tribeca.
Weissmann was likely basing his assertions on Hutchinson's own testimony to the J6 House Select Committee, which is contradicted in her own text messages. In the final report from the J6 House Select Committee, the reference Hutchinson's tesimony. They write that "The Select Committee has also received a range of evidence suggesting specific efforts to obstruct the Committee’s investigation. Much of this evidence is already known by the Department of Justice and by other prosecutorial authorities."
Among the evidence provided, they cite that Hutchinson's lawyer "had advised the witness that the witness could, in certain circumstances, tell the Committee that she did not recall facts when she actually did recall them." They further claim that her lawyer, who at the time in question was Passantino, advised her to say that she doesn't recall an event that she does recall. Further, the report states that Hutchinson advised him to not share any information regarding her testimony to the press.
The text messages revealed in the lawsuit Passantino has levied against Weissmann show, as does Hutchinson's other tesimony, that she believes he did not tell her to lie at any point, and that she herself did not want to "comply," but her attorney instructed her to. The messages further reveal that Hutchinson had a plan to leak details of her testimony to the press because she feared the J6 House Special Committee—not her lawyer—would leak them to press.
Federal prosecutors charged Sen. Bob Menendez, D-N.J., and his wife with violating corruption and bribery laws, according to an indictment unsealed in federal court Friday.
According to the indictment, Menendez, who chairs the powerful Senate Foreign Relations Committee, and his wife Nadine Menendez are accused of engaging in a corrupt scheme alongside Fred Daibes, a New Jersey real estate developer; Wael Hana, who runs a halal meat certification business in the state; and businessman Jose Uribe.
The bombshell indictment included sprawling allegations against the senior Democratic senator involving a scheme to aid the Egyptian government, gold bars, money stuffed in envelopes and illicit halal certifications.
A recent court filing has made an explosive claim that at least two of the 9/11 hijackers were recruited into a joint CIA-Saudi intelligence operation that was covered up at the highest levels.
A relationship between Alec Station, a CIA unit tasked with monitoring Al Qaeda chief Osama bin Laden and his associates, and two 9/11 hijackers leading up to the attacks has been called into question by a newly-released court filing, which also suggests that there was a cover-up at the highest levels of the FBI regarding the matter, according to The Gray Zone.
SpyTalk has obtained a 21-page declaration by Don Canestraro, a lead investigator for the Office of Military Commissions responsible for overseeing the cases of 9/11 defendants. The filing summarizes classified government discovery disclosures and private interviews conducted by Canestraro with anonymous high-ranking officials from the CIA and FBI.
The interviewed agents, who led Operation Encore, the Bureau's discontinued, extensive investigation into the Saudi government's ties to the 9/11 attack, shared their insights with Canestraro, the site notes.
Operation Encore, which involved conducting numerous lengthy interviews with various witnesses, producing hundreds of pages of evidence, formally investigating multiple Saudi officials, and launching a grand jury to investigate a US-based support network for the hijackers allegedly run by Riyadh, was suddenly terminated in 2016. The cause of the termination was purportedly a complicated internal dispute within the FBI over investigative methods, the report continued.
After years of playing word games about border security, Joe Biden bragged about his open borders policy in a speech Thursday night to the Congressional Hispanic Caucus Institute 46th Annual Gala at the Walter E. Washington Convention Center in Washington, D.C. Biden spoke as a new surge of migrants is pouring across the U.S. southern border.
Biden boasted about all the steps he has taken to increase legal immigration and work permits and then said, “I’ve also directed my team to make a historic increase in the number of refugees admitted from Latin America — (applause) — people fleeing violence and persecution who simply want their kids to have a better life.”
Member of the European Parliament Christine Anderson has been an unyielding opponent to Klaus Schwab’s ‘Great Reset’ Agenda. MEP Anderson has established herself as one of the few politicians left who represent the interests of the European people.
On the heels of the well-documented non-fungible token (NFT) craze – and billions in related purchases – a whopping 95% of the digital-asset collections are now worthless, according to a new study.
This and other telling data points emerged in a report from cryptocurrency analysis platform dappGambl. As part of the underlying research, the outlet zeroed in on the value and ownership details associated with 73,257 NFT collections, per the appropriate text.
Of these collections, 69,795, or north of 95%, had “a market cap of 0 Ether,” the breakdown shows.
A noted Republican has a plan to unseat the Democrat majority in the Senate next year by knocking off one of its long-serving incumbents.
Dave McCormick said on Thursday he believes he can be a “force for good” as he attempts to defeat Democratic Sen. Bob Casey in what will no doubt be one of the year’s most closely-watched races.
“McCormick, a former hedge fund executive, West Point graduate, Gulf War combat veteran, and Treasury Department official in former President George W. Bush’s administration, on Thursday launched his second straight campaign for the Senate,” Fox News Digital reported.
His announcement provides national and state Republicans with a prominent candidate who possesses the capacity to self-finance. McCormick had been approached to consider running against the incumbent Democratic in a race that could potentially determine whether the GOP regains control of the Senate in 2024, the outlet noted.
The Biden administration has lost another green energy agenda battle after a federal judge blocked the president’s effort to restrict oil and gas drilling in the Gulf of Mexico.
Late Thursday evening, U.S. District Judge James Cain of the Western District of Louisiana issued a preliminary injunction after the administration’s last-minute attempt to halt an upcoming offshore oil and gas lease sale in the Gulf, Fox News Digital reported.
Cain granted the request “from plaintiffs — the State of Louisiana, industry association American Petroleum Institute (API) and oil companies Chevron and Shell — to block the Bureau of Ocean Energy Management’s (BOEM) restrictions on Lease Sale 261. The lease sale spanning millions of acres across the Gulf of Mexico is slated for next week,” the outlet added.
Webmaster addition: This makes no sense at all. Gas prices are through the roof, and we are heading into a cold winter. I know Joe Biden is bullish on electric cars but what does he think those batteries get recharged with? For the most part, oil and gas fired power plants!
Eric Holder, who led the Justice Department as attorney general under President Barack Obama, called on Sen. Bob Menendez to resign after the New Jersey Democrat and his wife were indicted on federal bribery charges Friday.
“As both a leader in the Democratic Party & the former Attorney General and given the nature of the charges, I call upon Senator Menendez to resign,” Holder wrote on X.com of the chairman of the Senate Foreign Relations Committee. “The nation will be better served if he steps aside and allows a transition to occur that will best serve the people of New Jersey.”