U.S. Colleges And Universities Are About To Go Completely Nuts Because Israel Is Planning A Really Big Move

What we are witnessing throughout the nation right now is truly sad.  At colleges and universities all over the United States, crazed protesters are setting up encampments, attacking Jewish students, replacing the American flag with the Palestinian flag, and illegally occupying buildings.  Unfortunately, these protests are likely to become even more heated in the days ahead because Israel is preparing to make a really big move.  No matter how negotiations for a temporary ceasefire in Gaza turn out, Israeli Prime Minister Benjamin Netanyahu is promising that the IDF will go into Rafah and eliminate the Hamas forces that are hiding there… (Read More...)

Another Bank Bites The Dust – So Who Will Be The Next Dominoes To Fall?

It appears that the people running our system have decided that it is time for a wave of consolidation in the banking industry.  A key program that was keeping U.S. banks afloat was allowed to expire last month, and everyone knew what that would mean.  On Friday, the FDIC quietly announced that Republic Bank had been seized and a sale to Fulton Bank had already been arranged.  Have you noticed that they often try to announce bad news like this on Friday?  By the time news of the failure of Republic Bank broke, many people had already started their weekends.  And the FDIC probably assumes that most people will have forgotten all about this by the time Monday morning rolls around.  But this was a big deal, and it is inevitable that more dominoes will soon start to fall. (Read More...)

Is Something Starting To Break? Stocks Plummet And Bonds Go Nuts As Economic Data Disappoints

Are the financial markets headed for trouble?  There was quite a bit of panic on Wall Street on Thursday after more bad economic numbers were released.  But honestly I simply do not understand why the financial markets responded with such surprise.  By now it should be apparent to everyone that we have a “Weekend at Bernie’s economy” that is being propped up by unprecedented levels of government spending.  If we actually tried to live within our means, we would immediately plunge into a depression.  Our politicians definitely do not want that, and so about every one hundred days they are adding another trillion dollars to the national debt, and the vast majority of that borrowed money goes directly into the veins of the corpse that we call the U.S. economy. (Read More...)

Why Are There So Many Americans That Can’t Find A Job Even Though They Are Desperate To Be Hired?

According to the absurd numbers that the government feeds us, the unemployment rate is very low and there are lots of jobs available.  But if what they are telling us is true, why are so many Americans not able to find work?  As you will see below, some people haven’t been hired even though they have literally applied for hundreds of jobs.  There seems to be an enormous disconnect between what is actually happening in the real economy and the economic narrative that they are constantly pushing.  By the time you are done reading this article, I think that you will agree with me. (Read More...)

“Weekend At Bernie’s Economy”: Joe Biden, Seeking Another Term, Wheels Out The Corpse Of The U.S. Economy

When I was a kid, “Weekend at Bernie’s” was one of my all-time favorite movies.  In that film, two guys worked really hard to convince everyone that their boss was still alive so that they wouldn’t get into trouble.  I remember laughing throughout that entire movie.  Today, the Biden administration is working really hard to convince all of us that the U.S. economy is still alive, and that isn’t funny at all.  A horrific cost of living crisis is absolutely crushing millions of U.S. households, large companies are conducting mass layoffs all over the nation, and the real estate industry is in a gigantic mess.  But Joe Biden and his minions would have us believe that everything is just fine. (Read More...)

The Jobless Numbers That The Government Gives Us Are So Fake

How it is possible that initial claims for jobless benefits have been exactly the same for five of the past six weeks?  As Jim Blanco has pointed out, there is no way that this is statistically possible.  Honestly, I don’t know any other way to explain this other than to say that the numbers are being cooked.  It appears that the bureaucrats in Washington have gotten so lazy that they aren’t even bothering to change the fake numbers that they are giving us.  Even though large companies are conducting mass layoffs all over America, week after week we are given laughable numbers that indicate that everything is just fine.  At this point, the charade has become such a farce that even CNBC has published an article about this… (Read More...)

U.S. Cities Fall Into A “Doom Loop” As The CRE Crisis Absolutely Explodes

In the entire history of the United States, we have never witnessed an urban collapse of this magnitude.  During the pandemic, millions of Americans started working from home, and many of them have never returned to the office.  Meanwhile, rapidly rising levels of crime, homelessness and migration have transformed many of our inner cities into extremely dangerous places.  As a result, thousands upon thousands of businesses have left our core urban areas in search of greener pastures.  So now there is lots and lots of commercial real estate space that is sitting empty, and commercial real estate prices have absolutely plummeted. (Read More...)

The UN Security Council Is About To Vote On A Palestinian State

Why are they being so quiet about this?  On Friday, the UN Security Council will take a vote which will determine whether or not “the State of Palestine” will be granted full UN membership.  If this vote is successful, that will formally create a Palestinian state that will have full recognition by the international community.  So this is a really big deal.  Algeria is the nation that has put this draft resolution forward, and it is scheduled for a vote at 3 PM Eastern time on Friday afternoon… (Read More...)

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