Uncategorized
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“Outrageous’: Lawmakers Bash Biden Admin for Targeting, Surveilling 156 Republicans
(Brett Rowland, The Center Square) The Federal Reserve cut interest rates by a quarter-point on Wednesday for the second time this year, not nearly as much as President Donald Trump wants the central bank to reduce rates. The move lowers the Fed’s benchmark short-term interest rate to a range between 3.75% and 4%, the lowest…
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Easy Money, Hard Metals, and the Fed’s Next Move
(Money Metals News Service) On a recent episode of Money Metals’ Midweek Memo podcast, host Mike Maharrey opens with a pointed analogy: calling a 3% CPI “good” because it beat a grim forecast is like celebrating “no cancer” while ignoring high cholesterol, hypertension, and pre-diabetes. The patient isn’t healthy; the diagnosis is merely less dire.…
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Ted Cruz’s Phone Records Subpoenaed by Jack Smith
(Luis Cornelio, Headline USA) Former Special Counsel Jack Smith unsuccessfully subpoenaed the phone records of Sen. Ted Cruz, R-Texas, as part of his unprecedented effort to target allies of President Donald Trump after the 2020 election. The subpoena targeted Cruz’s phone provider, AT&T, which refused to comply with the order over concerns that the records were protected under…
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Fed Cuts Rates, Ends Balance Sheet Reduction But Puts on a Hawkish Front
(Mike Maharrey, Money Metals News Service) The Powell put is on. The Federal Reserve chairman tried to sound like a hawk, but the central bank’s actions were those of a dove. For the second straight meeting, the Fed cut the federal funds rate by a quarter percent on Wednesday. In an even more aggressive move…
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South Korea May Join Central Bank Gold-Buying Spree
(Mike Maharrey, Money Metals News Service) South Korea is considering jumping on the gold bandwagon and adding gold to its reserves. During a speech at an event hosted by the London Bullion Market Association and London Platinum and Palladium Market in Kyoto, Japan, Bank of Korea official Heung-Soon Jung said, “The Bank of Korea plans…
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88-Year-Old Congresswoman is Exposed for Having 7 No-Show Jobs
(José Niño, Headline USA) Eleanor Holmes Norton, Washington D.C.’s 88-year-old congressional delegate, claims to sit on multiple boards at prestigious institutions, but investigations reveal she hasn’t been active with them in years. Some of these positions no longer even exist according to a report by Luke Goldstein and Dan Boguslaw. According to her latest financial…
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Top Democratic Official Arrested after Ordering Cocaine to the Mass. Gov’t Office
(Luis Cornelio, Headline USA) State prosecutors in Massachusetts arrested on Wednesday a top official in the Democratic Gov. Maura Healey’s administration on drug trafficking charges after he allegedly ordered cocaine delivered to his government office. The official, LaMar Cook, served as deputy director in Healey’s Western Massachusetts office, directly overseeing constituent services of more than 800,000…
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Maduro Accuses CIA of False-Flag Plot as Warships Surround Venezuela
(José Niño, Headline USA) On Sunday, President Nicolás Maduro announced that Venezuela has captured alleged mercenaries with CIA ties, accusing the United States and Trinidad and Tobago of coordinating military exercises designed to provoke armed conflict in the Caribbean. In a statement from Vice President Delcy Rodríguez, the socialist government described what it called a…
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Harvard Law Professor Sparks National Debate Over Campus Anti-Zionism
(José Niño, Headline USA) A Harvard Law School professor has ignited a national debate over whether universities can legally exclude students who support Israel from campus life, arguing that anti-Zionism may constitute illegal discrimination under federal civil rights law. Stephen E. Sachs, who holds the Antonin Scalia professorship at Harvard Law School, published an essay…
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Texas Sues Tylenol Companies Over Autism Claims
(Brett Rowland, The Center Square) Texas Attorney General Ken Paxton said Tuesday he will sue drugmakers Johnson & Johnson and Kenvue for deceptively marketing acetaminophen to pregnant mothers after President Donald Trump’s claims that the medication could be linked to autism. “Big Pharma betrayed America by profiting off of pain and pushing pills regardless of…
