Finance

The Longer It Takes The Fed To “Go Big”, The Deeper The Damage Will Be, And The Bigger The “Big” Will Be

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By Eric Peters, CIO of One River Asset Management“They went big last weekend, which was the right thing to do,” said the Chairman, a veteran of financial crises, the two of us discussing the ongoing bank run, how policy can end…

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“True Stories… Could Fuel Hesitancy”: Stanford Project Worked To Censor Even True Stories On Social Media

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Authored by Jonathan Turley,While lost in the explosive news about Donald Trump’s expected arrest, journalist Matt Taibbi released new details on previously undisclosed censorship efforts on social media. The latest Twitter Files revealed a breathtaking effort from Stanford’s Virality Project to…

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Fed Panics, Announces “Coordinated” Daily US Dollar Swap Lines To Ease Banking Crisis

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"The market stops panicking when central banks start panicking"In January 2022, just around the time the Fed announced it was launching its most aggressive tightening campaign since Volcker, we warned "remember, every Fed tightening cycle ends in disaster and then, much…

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Liz Warren Makes War On Powell, And How ‘Woke’ SF Fed Chief Failed On SVB

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Senator Elizabeth Warren (D-MA) says Federal Reserve Chair Jerome Powell has racked up "an astonishing list of failures," which contributed to the implosion of Silicon Valley Bank and Signature Bank, Bloomberg reports."SVB and Signature accumulated risk and made dangerous decisions about…

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“The New Normal”: New York To Lower Math And English Proficiency Standards Due To Poor Test Result

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Authored by Jonathan Turley,I recently wrote how public educators and unions were methodically killing public education. The best example this week comes from New York where a school board committee has solved the dismal math and reading scores for children in the system…

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Oxfam ‘Inclusivity’ Guide Tells Staff To Avoid Using ‘Offensive’ Words Like ‘Mother’, ‘People’ and ‘Headquarters’

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Authored by Paul Joseph Watson via Summit News,Oxfam has released an “inclusive language” guide which apologizes for using the English language before going on to deem a number of words ‘offensive’, such as “headquarters,” “local,” “people,” “mother” and “feminine hygiene.”Yes, really.The…

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Chat Law Goes Global

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PricewaterhouseCoopers (PWC), the global business services firm, has signed a deal with OpenAI for access to “Harvey”, OpenAI’s Chatbot for legal services. Reuters: PricewaterhouseCoopers said Wednesday that it will give 4,000 of its legal professionals access to an artificial intelligence platform,…

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Links 3/19/2023

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At Long Last, a Donkey Family Tree New York Times Climate/Environment Cradle-to-grave emissions from food loss and waste represent half of total greenhouse gas emissions from food systems Nature Albania designates Europe’s last ‘wild river’ as a national park Ekathimerini Pentagon…

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Interest Rate Hikes and IMF Bailouts: the US Tries to Roll Back Chinese Influence in the Global South

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In their February paper, “US Dollar Primacy in an Age of Economic Warfare,” presented at the West Point Symposium on “Order, Counter-Order, Disorder” Michael Kao and Michael St. Pierre argue for using a stronger US dollar as geopolitical leverage: Not only…

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Watchdog Group Launches Investigation Into Biden’s ‘Woke Army’

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Authored by Savannah Hulsey Pointer via The Epoch Times (emphasis ours),The Foundation for Government Accountability (FGA) is launching an investigation into a recent executive order the group called an “unprecedented scheme” they believe violates the democratic process.US President Joe Biden discusses…

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‘Conspiracy At Its Height’: Fauci Responds To Message Saying He ‘Prompted’ Anti-Lab Leak Paper

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Authored by Zachary Stieber via The Epoch Times (emphasis ours),Dr. Anthony Fauci responded on March 15 to a newly released email that said he was among those who “prompted” work on analyzing how COVID-19 came about, which resulted in a paper…

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FBI Is Now A ‘Weaponized Apparatchik’ Of The Presidential Administration: Whistleblower

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Authored by Samantha Flom and Steve Lance via The Epoch Times (emphasis ours),There’s a growing divide between the rank-and-file officers of the FBI and upper management, according to FBI agent-turned-whistleblower Steve Friend, and it’s those at the top who are pushing a…

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Arab Leaders Offer Syria Billions In Aid, Sanctions Relief If Assad Pushes Back Against Iran

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Via The Canary,Arab leaders are offering Syrian President Bashar al-Assad a deal that includes billions of dollars for reconstruction efforts and a pledge to lobby the west to lift sanctions in exchange for "[asking] Iran to stop expanding its footprint in…

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Stockman On Washington’s Panicked Bailout Of Bank Deposits… Here’s What Comes Next

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Authored by David Stockman via InternationalMan.com,Why would you throw-in the towel now? We are referring to the Fed’s belated battle against inflation, which evidences few signs of having been successful.Yet that’s what the entitled herd on Wall Street is loudly demanding.…

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Weekly Macro Indicators and Nowcasts on the Eve of SVB

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Deceleration was still in place, according to the WEI.  Figure 4: Lewis-Mertens-Stock Weekly Economic Index (blue), OECD Weekly Tracker (tan), Baumeister-Leiva-Leon-Sims Weekly Economic Conditions Index for US plus 2% trend (green). Source: NY Fed via FRED, OECD, WECI, and author’s calculations. Still, nowcasts and tracking…

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Stanford Students Demand Journalist Remove Their Names From Stories… After Targeting Other Students By Name

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Authored by Jonathan Turley,There is an interesting development in the controversy at Stanford Law School where U.S. Circuit Court Judge Kyle Duncan was shouted down by law students and condemned by a law school dean for discussing his conservative judicial views.Student protesters reportedly published the names…

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CNN Reporter Robbed While Covering “Rampant Street Crime” In San Francisco

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A CNN reporter fell victim to a 'smash-and-grab' robbery while reporting on San Francisco's "rampant street crime." In a series of tweets on Friday, CNN correspondent Kyung Lah described how her rental car's rear window was smashed within seconds by thieves who then made…

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SVB’s London Bankers Received Up To $36 Million In Bonuses Days After BoE-Orchestrated Bailout

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Bankers at the London branch of Silicon Valley Bank reportedly received tens of millions of dollars in bonuses just days after the Bank of England orchestrated a rescue package that led to Europe's largest lender, HSBC, buying the failed bank's subsidary…

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