Wednesday, December 4, 2024

Powell’s Whatever-it-Takes Moment: Policy “WILL Be Enough to Restore Price Stability.” Fed Hikes by 75 Basis Points. Shocker, Sees 4.4% by End of 2022

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    by Wolf Richter, Wolf Street:

    “Housing market will have to go through a correction … to where people can afford housing again”: Powell

    The FOMC voted unanimously to hike its policy rates by another 75 basis points, the third hike of this magnitude in a row. This brought the target for the federal funds rate to a range between 3.0% and 3.25%.

    Credit Suisse May Exit US Market, Fire ‘Thousands’, And Shuffle Risky Assets Into ‘Bad Bank’

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      from ZeroHedge:

      Credit Suisse is mulling several drastic options as it seeks to emerge from losses and scandals, including exiting the US market, firing more than 10% of its 45,000 global workforce, and splitting its investment bank into three – which would include the creation of a “bad bank” to silo risky assets, the Financial Times and Reuters report.

      Mark Baker fought the government’s food extermination agenda and found freedom and abundance through FARMING

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        from Health Ranger Report:

        TRUTH LIVES on at https://sgtreport.tv/

        WATCH: Hawley Grills Biden’s National Archives Nominee: ‘You Wrote … Republican Voters Are Stupid’

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          by Hank Berrien, Daily Wire:

          Missouri GOP Senator Josh Hawley grilled Colleen Shogan, President Biden’s nominee to lead the National Archives and Records Administration, noting that she had written a paper he said disparaged every two-term Republican president since World War II.

          Hawley’s questions came during a Senate Homeland Security and Governmental Affairs Committee hearing on Wednesday.

          German government creates hundreds of fake “right-wing extremist” social media accounts

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            by Dan Frieth, Reclaim The Net:

            Sockpuppets.

            German domestic intelligence agencies are operating hundreds of fake right-wing extremists accounts on social media, according to a report by German newspaper Süddeutsche Zeitung. These fake agents are inciting both hatred and violence, the report states.

            “This is the future of information gathering,” an agent told the newspaper.

            Universal Basic Income Will Be Linked to Your Digital ID Which Will Be Linked to Your Social Credit Score – So Who’s Pushing For it?

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              by Rhoda Wilson, Daily Expose:

              “A Universal Basic Income (UBI) is where a government pays all individuals a set salary regardless of their means. It guarantees a certain amount of money from the state without any requirement to work”

              In this article, wrote ThreadsIrish, I am not going to dig deep into the economic reasons for it as I am not qualified enough to discuss it from that viewpoint. I will, however, be looking at the countries implementing it and who the people behind the scenes pushing for it are.

              Big Win for Kids: Louisiana Repeals COVID Vaccine Mandate for Schools

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                by Robert W. Malone M.D., M.S., Childrens Health Defense:

                This year, parents and guardians stood together in opposition to the COVID-19 vaccine mandate for children attending Louisiana schools.

                As a result of their coming together, the Louisiana Department of Health rescinded the mandate — the mandate was repealed on Tuesday.

                In light of this victory for parents and their children, Attorney General Jeff Landry filed a motion to dismiss his lawsuit against Gov. John Bel Edwards (Crews v. Edwards), wherein he sought to have the vaccine mandate enjoined.

                Letter Surfaces of Obama Foundation Admitting in 2018 They Keep Classified Documents in Unsecured Storage at Furniture Warehouse

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                  from The Conservative Treehouse:

                  Hoffman Estates” is a Chicago area location containing an abandoned furniture store and warehouse.  The Obama Foundation leased, then re-upped the lease, to use the facility to store all the paper documents from the Obama administration {Location Link}.

                  The Obama administration told the National Archives and Records Administration (NARA) they were going to upload the documents into a digital form for use in the Obama library.  The paper documents were, still are, held at the Hoffman Estate warehouse while this digitization process took place.  It should be noted, the Obama Foundation has never digitized the records, hence they renewed the warehouse lease.

                  SHORTAGE Documentary LIVE! Vatican Signals Global COLLAPSE, Vaxx DESTROYS Human Reproduction

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                    from Complete Shows:

                    TRUTH LIVES on at https://sgtreport.tv/

                    Explosive report reveals Vanderbilt promoted transgender surgeries to make ‘huge money’

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                      by Calvin Freiburger, LifeSite News:

                      Vanderbilt University Medical Center promoted mutilating “gender transitions” for minors as a “huge money maker” and saw moral objections to participating in the practice as a problem to be punished, according to explosive video uncovered by The Daily Wire’s Matt Walsh.

                      On Tuesday, Walsh published a Twitter thread highlighting his findings about Vanderbilt’s transgender clinic in Nashville that has seen children as young as 13, the details of which were then compiled and elaborated upon in a Daily Wire report.

                      Four Reasons Why Dollar Dominance Won’t Be Permanent

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                        by Mark Nestmann, Nestmann:

                        We periodically read missives to the effect that “the dollar is doomed.” And we’ve been reading them for many years.

                        Consider this newsletter promotion from 1985. The headline was a lot like those we see today: “Get Your Dollars Out of the USA Before Uncle Sam Gets Them Out of You.” The copy predicted an imminent collapse in the US dollar’s value, along with hyperinflation.

                        Don Lemon Gets a History Lesson

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                          from WHF Entertainment:

                          TRUTH LIVES on at https://sgtreport.tv/

                          America’s Open Wound

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                            by Edward Snowden, Edward Snowden Substack:

                            The CIA is not your friend

                            “Better that right counsels be known to enemies than that the evil secrets of tyrants should be concealed from the citizens. They who can treat secretly of the affairs of a nation have it absolutely under their authority; and as they plot against the enemy in time of war, so do they against the citizens in time of peace.”

                            ― Baruch Spinoza

                            Most Adults Should Be Screened For Anxiety, Depression According To US-Funded Panel

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                              from ZeroHedge:

                              A panel of experts operating under the Department of Health and Human Services has recommended that all adults under the age of 65 should be screened for anxiety disorders, and all adults regardless of age should be checked for depression amid an uptick in American reporting mental-health issues following the Covid-19 pandemic.

                              The guidance, released Tuesday, marks the first such recommendation regarding adult anxiety disorders from the US Preventative Services Task Force, which issued similar draft guidance several months ago for children and adolescents, the Wall Street Journal reports.