By Zoe Strozewski Newsweek A top investment management firm warned that the United States could see “real economic pain” before the Federal Reserve “changes course” in its efforts to combat rising inflation. BlackRock addressed the issue of rising costs in its 2022 Midyear Global Outlook report that was […]
Joel Mathis A look back at the runaway inflation of the 1970s Kelsee Majette What you should actually spend your money on during Prime Day Grayson Quay Could this SCOTUS case push America toward one-party rule? Advertisement by Enbridge Ready for tomorrow while safely, securely meeting today’s energy […]
By Ben Winck, Business Insider Several signs suggest inflation has peaked, and will continue gradually cooling from the pace seen earlier in 2022. The trend, known as disinflation, means prices will still broadly rise, just at a slower pace. While some costs are set to drop, a prolonged […]
By HAILEY FUCHS Politico DOORDASH CASH: DoorDash has created its own political action committee, moving to expand its already growing Washington influence presence, according to paperwork filed with the Federal Election Commission on Thursday. — The delivery and takeout company brought on its first federally registered lobbyists in […]
By Matt Taibbi An unstable encounter with a $50 billion stablecoin Subscribers have noticed that it’s been quiet on this site for a while. This is because I spent much of the last month researching the #CryptoCrash, and the last week and a half engaged in an increasingly […]
Business Insider Mortgage rates aren’t likely to fall again until late 2023 — at the earliest Hopeful homebuyers waiting for mortgage rates to go back down to pandemic levels have at least 18 months, economists say. READ MORE Elon Musk says he’s terminating Twitter deal but questions remain […]
Balaji Srinivasan, author of The Network State, returns to The Realignment to discuss why he thinks internet-native “Network States” are the successors to the nation-state, how he sees American and global politics reorienting around cryptocurrencies in the 2020s, compares and contrasts the prospects of the United States, China, […]
Dutch farmer convoy arrives in Nijmegen July 7, 2022 A massive convoy of Dutch farmers has arrived in the left-wing city of Nijmegen, likely to the vexation of locals. Read More » New Dutch-German farmer convoy heads to the border July 7, 2022 A new Dutch-German farmer convoy […]
By Antonio Roman-Alcalá This paper applies an anarchist lens to agrarian politics, seeking to expand and enhance inquiry in critical agrarian studies. Anarchism’s relevance to agrarian processes is found in three general areas: (1) explicitly anarchist movements, both historical and contemporary; (2) theories that emerge from and shape […]
Gas is suddenly getting cheaper — it could soon fall below $4 in several states “We’re going to see hundreds, nay, thousands of stations falling back under $4 per gallon,” GasBuddy’s Patrick De Haan said. READ MORE Peloton plans to offer new pay incentives to boost employee loyalty […]
Business Insider Don’t expect home prices to crash during the next recession the way they typically do in a downturn Recession fears have some people hoping homes will get more affordable, but the one predicted to hit in 2023 will look completely different. READ MORE New hires are […]
Political journalist Rebecca Azor and Republican strategist Amy Tarkanian weigh in on skyrocketing gas prices amid inflation and the war in Ukraine.
Dollar dominance is going to stick around in global markets as there’s nothing on the horizon to rival the greenback, Fed study says “The dollar’s international role, whether for trade, investment or use as a global reserve currency, remains quite strong,” the New York Fed wrote. READ MORE […]
Business Insider Hobby Lobby faces a federal lawsuit after firing an employee who requested working with service dog, EEOC says The Equal Employment Opportunity Commission alleges Hobby Lobby fired an employee for requesting to bring her service dog to work in a lawsuit. READ MORE Costco and Sam’s […]
The Western Right-Wing have recently been non-stop complaining about ‘woke’, ‘cancel culture’ and ‘identity politics’ in their fight against the perceived Leftist surge that is undermining Conservative values. However, this isn’t relegated to the Right. Recently, elements of the Left have taken up the war against woke. Kyle […]
By Ronald Brownstein, The Atlantic The great “convergence” of the mid-20th century may have been an anomaly. It may be time to stop talking about “red” and “blue” America. That’s the provocative conclusion of Michael Podhorzer, a longtime political strategist for labor unions and the chair of the […]
Iran is cutting its oil prices to compete as cheap Russian crude draws Chinese buyers: report Russian crude currently trades at a $20 a barrel discount, so Tehran is cutting prices to compete in the key Chinese market, according to a Bloomberg report. READ MORE The Supreme Court […]
By Ben Winck and Joseph Zeballos-Roig Business Insider For the last quarter-century, the federal government has stepped in with some kind of emergency relief when the economy is in the tank. The next recession will likely break from that trend. The dot-com crash of 2001 saw the Bush […]
How Charles Koch Purchased the Supreme Court’s EPA Decision Sharon Lerner Decades of contributions aimed at influencing the judiciary bought the fossil fuel billionaire the ruling he’s always wanted. READ MORE → The Supreme Court’s Shock-and-Awe Judicial Coup Naomi Klein The rolling judicial coup coming from this […]
Business Insider We’ve skipped a key phase in the typical real-estate cycle — and next up is a recession The home price crash of the mid-2000s was triggered in part, by a surplus of housing supply. Experts say that’s not likely to happen this time around. READ MORE […]
Each country needs to become independent. Especially the countries with natural reserves. They should be dependent on anyone!
Saagar issues his concerns with the Biden administration’s war on nicotine and cigarettes from the perspective of class given that working class Americans typically smoke the most
By Mike Gleason As trading kicks off for the month of July and the second half of the year, investors are hoping for a third quarter rebound. It’s been a brutal year so far in financial markets. The S&P 500 is down over 20%. Bitcoin has crashed by […]
International editor of El Ciudadano, Dennis Rogatyuk, explains why Ecuadorians’ initiated an 18-day national strike.
Business Insider We’ve skipped a key phase in the typical real-estate cycle — and next up is a recession The home price crash of the mid-2000s was triggered in part, by a surplus of housing supply. Experts say that’s not likely to happen this time around. READ MORE […]
The hosts discuss politicians calling on the Biden Administration to fine airlines for last minute flight cancellations. Briahna Joy Gray and Robby Soave react to president Biden’s announcement that he supports suspending the filibuster, if necessary, to codify Roe v. Wade. Briahna Joy Gray and Robby Soave discuss […]
Business Insider Amazon is limiting purchases of Plan B ‘morning-after’ pills to 3 units a week amid a spike in demand after the overturn of Roe v Wade Amazon says it’s temporarily capping purchases of emergency contraceptives to 3 units per week, joining other retailers that have seen […]
Warren Buffett’s Berkshire Hathaway piles another $44 million into Occidental Petroleum, adding to its $9 billion stake in the energy giant Buffett’s company now holds 153.5 million of Occidental’s common shares, $10 billion of its preferred stock, and about 84 million stock warrants. READ MORE Global stocks rise […]
by Peter Zeihan on June 29, 2022 US bond rating service Moody’s announced that Russia was in default of its foreign debt payments yesterday, a first for Moscow since 1918. Unlike most countries who go into default, Russia has the money to pay its debts. But the sanctions […]
By PharmaHeretic A few months ago, I wrote a post about how the Simpsons animated show is a marker of demise of American middle-class since the lifestyle for its main characters was once considered normal and achievable for anybody with even a semi-decent job in this country. Sometime […]
Krystal and Saagar examine the ways inflation will impact the prices of basic goods to be used by grill dads during July 4th BBQ celebrations coming soon
Krystal and Saagar bring writer from The Atlantic Derek Thompson back to Breaking Points to better understand the mass airline cancellations and dysfunction after their $50 billion bailout in 2020
Saagar breaks down the new oil proposal by Biden and other western leaders to put a price cap on Russian oil and how it will lead to higher prices bringing profits to Putin
By Stephanie Russell-Kraft and Casey Sullivan, Business Insider When Tracy H. graduated from an elite liberal-arts college in 2011, she had no clue what she wanted to do with her life. It felt like she needed to find a prestigious next step — one that would earn her […]
Business Insider WHO official says the more times a person gets COVID-19, the more likely they are to be ‘unlucky’ and get long COVID Long COVID “is the thing that none of us want because it can be so serious,” David Nabarro, the WHO special envoy on COVID-19, […]
Krystal and Saagar bring writer from The Atlantic Derek Thompson back to Breaking Points to better understand the mass airline cancellations and dysfunction after their $50 billion bailout in 2020
By David Pan, TELOS In today’s episode of the Telos Press Podcast, David Pan talks with Georges Van Den Abbeele about his article “Can the Precariat Be Organized?: The Gig Economy, Worksite Dispersion, and the Challenge of Mutual Aid,” from Telos 198 (Spring 2022). An excerpt of the article […]
More than $100,000 raised for loyal Burger King employee of 27 years in GoFundMe campaign after video shows him getting ‘goody’ bag as reward A viral video has led to a Burger King employee receiving an overwhelming amount of donations on his 27th work anniversary. READ MORE Healthcare […]
By Jim Axelrod, Clare Hymes, Michael Kaplan CBS News The credit card industry has blocked a novel effort to track suspect firearm and ammunition purchases, depriving law enforcement of a potential tool to identify and stop gun crime. Documents obtained by CBS News show employees from domestic and […]
The Corbett Report by James Corbett corbettreport.com June 26, 2022 There was no shortage of coverage in the independent media of the recent World Economic Forum meeting in Davos, the first in-person gathering of so-called “Davos man” since the beginning of the scamdemic. Similarly—as noted in a recent […]
Two of the most infamous figures of the 20th century are two of its most notorious Marxist dictators: Vladimir Lenin and Mao Zedong. Each had his own methods. Speaking broadly, Lenin’s Bolshevik approach could be considered top-down, imposed by government and its seized industries, and Mao’s “Marxism-Leninism with […]
Business Insider Apple, Amazon, Disney, JP Morgan and others vow to help employees access abortions after Supreme Court overturns Roe v. Wade: ‘We must keep up the fight’ Numerous US companies have gone public saying they’d front the costs for employees traveling to seek abortions. READ MORE 2 […]
The high-flying energy sector is suffering one of its worst streak of losses in 40 years as oil prices pull back The S&P 500 Energy Sector has lost about 24% over the past two weeks but is still the only group with gains on the S&P 500 index […]
The Grayzone spoke with leaders of Ecuador’s indigenous movements, now engaged in ferocious street protests against the privatization policies of President Guillermo Lasso, a billionaire banker. The activists addressed their demands and the repression they have witnessed, including arrests and alleged assassination attempts.
Journalist Jeremy Loffredo joins Max Blumenthal to discuss his reporting from Davos, site of the World Economic Forum. Loffredo and Blumenthal analyze the WEF’s role in engineering a “useless class” of humanity through a so-called transhumanist revolution, and its promotion of an unprecedented apparatus of digital surveillance and […]
This week, Marxist economist Richard Wolff returns to the podcast to answer all of your inflation questions, to weigh in on Krystal Ball’s face off with Bill Maher, and to tie domestic politics to the labor activism in the UK and recent leftist victories around the world.
Trump’s main impact has been to revive pre-Reaganite/Neocon Republican traditions: Ike centrism, Nixon plutocratic populism, Taftian isolationism, Know-Nothing conspiracism, Hoover-Coolidge protectionism, classical liberal libertarianism, basically the GOP as it was in the 1950s. By Tim Reichert, The American Conservative Historically, a weakness of the Republican Party has been […]
By Lauren Thomas CNBC Last week, Revlon filed for Chapter 11 bankruptcy protection, making it the first household consumer-facing name to do so in months. Now the questions are: Which retailer will be next, and how soon? After a nearly two-year reprieve, the retail industry could start seeing […]
By Marc Rohatyn American Affairs Journal Science, as well as technology, will in the near and in the farther future increasingly turn from problems of intensity, substance, and energy, to problems of structure, organization, information, and control. —John von Neumann, 1949 Mathematician John von Neumann foresaw how increasingly […]
Nemesis: The Last Days of the American Republic by Chalmers Johnson
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