Yellen asked about dollar's future; Treasury Dept seal falls off.

Oh Sweet Jesus, Thank you! How perfect! 🤣 

At  ~ .19 seconds. 

Market Crash Tomorrow? It appears Habbening.

100% Fed Up: BLACK MONDAY INCOMING? Everything Is Crashing Overnight, Heading Into Monday.

This is intended and designed to happen. It's not accidental or incompetency. It's ... the Amish.

$517,000,000,000 in Unrealized Losses Hit US Banking System. 63 lenders on brink of insolvency.

Substack - Gregory Mannarino: $517,000,000,000 in Unrealized Losses Hit US Banking System, FDIC Says.

In its latest Quarterly Banking Profile report, the FDIC notes that banks now face over half a trillion dollars in paper losses on their balance sheets, primarily due to their exposure to the residential real estate market. These unrealized losses, the gap between the purchase price of securities and their current market value, are becoming a significant burden.

DC Patriot: $517,000,000,000 in unrealized losses hits US Banking System as FDIC Warns 63 Lenders on Brink of Insolvency.

“The number of banks on the Problem Bank List, those with a CAMELS composite rating of ‘4’ or ‘5’, rose from 52 in the fourth quarter of 2023 to 63 in the first quarter of 2024. This figure represents 1.4% of all banks, a range considered normal for non-crisis periods, typically between 1% and 2%. The total assets held by problem banks increased by $15.8 billion to $82.1 billion during the quarter,” the FDIC stated.
[.]
Despite these concerning trends, the FDIC assures that the US banking system is not in imminent danger. However, it warns that ongoing inflation, fluctuating market rates, and geopolitical issues continue to exert pressure on the industry.

"...and geopolitical issues..."  Gee, I wonder what those might be?

Does the FDIC's assurance there's no imminent danger put you at ease?

Trump supports Crypto; Freeing Silk Road's Ross Ulbricht.

Crypto News: Industry support and the Silk Road founder release: what Trump promises to the crypto community.

[Trump] promised to release the founder of the darknet marketplace Silk Road, Ross Ulbricht. If he wins the election, Trump promised to cancel the sentence on the first day.
[.]
He also pledged to support self-custody rights for the nation’s 50 million digital assets holders.

The story mentions Trump has solid and large support from the digital currency community while they view Biden and Handlers as anti-crypto, which they are. The article states Trump saying he'd never allow the launch a CBDC.

Great; yeah! 👍👍

Trump should've pardoned Ulbricht, along with Julian Assange and Edward Snowden, his first time around.

Mike Pompeo PWNED! His X account hit by Readers Add Context.

RINO Zionist ass-kisser Mike Pompeo, politician and former director of the CIA, gets a healthy rebuttal by Readers Added Context on X. And it's fantastic.

Where are the tweets from these people asking Christ to protect Americans who've lost everything in the U.S. tornadoes and flooding in the Mid-Central South, South and South-East?

Where's the UniParty - who manages to put billions of dollars of aid together in a couple of days for Ukraine and Israel - when Americans have lost everything due to the recent damaging weather some areas have been hit with? Congress can't meet for a few days and fire up The Fed and print a few hundred million for our own citizens? Why not?

Is Biden going to give them $700/family like he did with Maui, walk away and wish them good luck?

I'm not seeing television ads from the International Fellowship of Christians and Jews [oof what a scam, imo - DD] seeking donations for helping people in Texas, Kansas, Tennessee, Oklahoma, Georgia or Florida. Why not, IFCJ?

Coffee prices removed from CPI index due to cost increase.

More fake and illusory Bidenomics on the way.

LINK

Hit the link. (It'll help if you have an X account). 

All the economic and job creation data spewed by this wretched, lying Biden Administration for the past 3.5 years is Cook Book Numbers and is never to be trusted.

There goes $3.3 Billion. Fire up the Fed!

Source

$3.3 Billion...for a guy Biden calls an, "a**hole,"?

Biden can call me an, "a**hole," all day long, every day - and I'll do it for One Billion! 

These people sure can give away money to anyone except U.S. Veterans and  American citizens who need it.

Huh? Ukranian soldiers wearing ISIS patch.

"Slava Ukraine my comrade. Don't forget ISIS patch on uniform!"

AP (Yahoo): Putin says gunmen who raided Moscow concert hall tried to escape to Ukraine. Kyiv denies involvement.

Because ISIS is welcome in Ukraine! 🙄 

RT: Deadly Moscow terrorist attack: What’s known so far.

Read the Comments at the RT link. A few selected:

Sources: 

Video.

Story; The Node: Ukrainian fighters caught wearing ISIS patches after Moscow attack.

Blame ISIS! It's not ISIS.

Biden and his ))) handlers ((( desperately working on ways to get U.S. Troops' boots on the ground to die for Ukraine and ZOG.

Strategic Plan - September 19, 2022 (archived): Zelensky and NATO Plan to Transform Post-War Ukraine into 'Big Israel.'

The NATO-backed Atlantic Council has proposed apartheid Israel as a blueprint for a hyper-militarized Ukraine. The paper was authored by Obama’s former ambassador to Tel Aviv, now an Israeli spy-tech consultant.
[.]
“We cannot talk about ‘Switzerland of the future,’” [Zelensky] informed reporters. “But we will definitely become a ‘big Israel’ with its own face.”

For those wondering what a “big Israel” would actually look like, Zelensky quickly elaborated on his disturbing prophecy.

“We will not be surprised that we will have representatives of the Armed Forces or the National Guard in all institutions, supermarkets, cinemas — there will be people with weapons,” Ukraine’s president said, predicting a bleak existence for his citizens. “I am sure that our security issue will be number one in the next ten years.”

Continue reading after the Pagebreak: 

Janet Yellen regrets saying inflation was transitory.

FOX Business: US Treasury Secretary Janet Yellen: 'I regret' saying inflation was transitory.

Oh. The Yale-educated economics expert and Harvard professor with a Masters and PhD regrets saying this. Well, it's time to forget what she said, right?

Sunday Shortstack of Memes.

Easy, hopefully humorous to you and brief. Pagebreak only for space reasons. Nothing controversial. Well, not too controversial.

Because we trust Janet Yellen, right?

Probably not real, but I'd like to think it is:

More after the Pagebreak.

Yellen says funding the Ukraine War is great boost to global economy. Benedict Pence says Ukraine war in the best interest of the U.S.

Breitbart: Yellen Says Funding Ukraine’s War Effort Is the Best Boost for Global Economy.

Redoubling financial backing for Ukraine in its war with Russia is the “single best” way to aid the global economy, U.S. Treasury Secretary Janet Yellen said Sunday.
[.]
    Defending Ukraine is in the best interest of the U.S., even though it is not "our war," former Vice President @Mike_Pence said. https://t.co/VKB48HmmsF

    — Breitbart News (@BreitbartNews) July 9, 2023

The Post Millennial: Pence says failing US cities are 'not his concern' as Tucker grills him on Ukraine.

“You are stressed that the Ukrainians don't have enough American tanks,” Carlson said to Pence during the interview. “Every city in the United States has become much worse over the past three years. Drive around. There's not one city that's gotten better in the United States, and it's visible. Our economy has degraded the suicide rate has jumped public filth. And disorder and crime have exponentially increased. And yet, your concern is that the Ukrainians a country, most people can't find out a map who've received 10s of billions of US tax dollars don't have enough tanks. I think it's a fair question to ask like, where's the concern for the United States? In that?”

Pence promptly replied, “It's not my concern,” adding, “I've heard that routine from you before, but that's not my concern.”

The world these people live in isn't the same world the rest of are living in.

Biden tells reporters to shush-up.

Biden was asked about the debt ceiling: 

Twitter Link and Thread

Why isn't The Diaper King wearing his wedding ring? Did he lose it? Did he eat it? Something amiss in his wedded bliss with Tamale Jill? 🤔

Biden says, no recession this year or next year.

Annnnnnnnnnnnnnnnnnd.........mark! Timing starts to see how long Biden's words age very, very badly.

Breitbart: Biden: U.S. Will Not Have a Recession This Year or Next Year. 

President Joe Biden said Wednesday on “PBS NewsHour” that the United States would not have an economic recession this year or next year.
[.]
[JUDY] WOODRUFF: So when people at the Gallup Poll saying most Americans think next year the economy is going to be bad, do you think there’s going to be a recession?

BIDEN: No.

WOODRUFF: This year?

BIDEN: No. Or next year. From the moment I got elected, how many of the experts are saying within the next six months is going to be recession?

Well, we sure hope not, Cap'n Diaper. We already had 2Q's of negative growth last year:

PBS, July 29, 2022: U.S. just had 2nd quarter of negative growth.

al-Reuters, July 28, 2022: US Q2 GDP shows 2nd quarter of negative growth.

I don't think anyone can argue that Leni Riefenstahl's PBS and al-Reuters are two Right-Leaning publications. Both, and other news outlets, reported we had 2Q of negative growth last year. 

Two consecutive Q's of negative growth have been the past definition of recession. Until last year, when other reasons were added to what defines a recession, meaning we were in a recession even though we weren't. "...Reasons..."

We're likely going to have a recession this year and next year. Because last year...no one could have predicted it. They didn't see it coming.

Janet Yellen says American "splurging" is the reason for high inflation.

Oh, it's our fault now, Janet? Talk about gaslighting in extremis.

FOX News: Janet Yellen blames Americans' 'splurging' for record-high inflation.

Treasury Secretary Janet Yellen blamed consumers' excessive spending habits as a primary cause for the near 40-year-high in inflation on Wednesday.

The Biden official appeared on "The Late Show with Stephen Colbert," where she was asked about the price increases that have plagued the U.S. for more than a year.
[.]
Yellen argued the administration managed the COVID-19 pandemic so well that consumers felt comfortable to "splurge" on goods.
[.]
Instead, people spent more money on "grills," "technology" and office equipment as they were working from home.

"They were in their homes for a year or more, they wanted to buy grills and office furniture, they were working from home, they suddenly started splurging on goods, buying technology," she claimed, which led to supply chain "bottlenecks."

Later in the interview, Yellen also blamed Russia for the increase in food and gas prices.

Black Friday Disappoints: Thin Crowds and ‘Desolate’ Stores.

No one is surprised by this.

Breitbart: Black Friday Disappoints: Thin Crowds and ‘Desolate’ Stores.

The busiest shopping day of the year is not as busy as retailers hoped.

Across the U.S., shopping malls are seeing only thin crowds, according to reports in business media. Inflation and depressed consumer sentiment appear to have dampened the holiday shopping spirit.

Reuters reported:

    At Times Square in New York City, which was cloudy with occasional light rain, employees were seen waiting inside stores for crowds that so far had not arrived.

    Outside the American Dream mall in East Rutherford, New Jersey, there were no lines outside stores. A ToysRUS employee was seen walking around the mall handing out flyers with a list of the Black Friday door busters.

Bloomberg reported:

    Around 10:30am at Crossgates Mall in Albany, New York, the ultra low-cost brands and the higher-end buzzy retailers had the most foot traffic, while the middle-market stores were desolate.

    Gap Inc.-owned Old Navy, which was offering 60% off most items, had a line so long that some shoppers turned around as soon as they entered the store. Athleisure favorite Lululemon Inc., which had only a few racks of discounted merchandise, and American Eagle Outfitters Inc.-owned Aerie, a popular intimates brand among Gen Z shoppers, also drew big crowds.

    Meanwhile, stores like Banana Republic, Macy’s and Urban Outfitters had no lines at all, and only a handful of shoppers.

But - - - it's a transitory economic issue.

US Markets Shudder on Dashed Inflation Hopes; Dow Falls 1,250.

VOA (Archived): US Markets Shudder on Dashed Inflation Hopes; Dow Falls 1,250.

NEW YORK — Stocks tumbled to their worst day in more than two years Tuesday, knocking the Dow Jones Industrial Average down more than 1,250 points, following Wall Street's humbling realization that inflation is not slowing as much as hoped. (Insert your Shocked Face! - DD)

The S&P 500 sank 4.3%, its biggest drop since June 2020. The Dow fell 3.9% and the Nasdaq composite closed 5.2% lower. The sell-off ended a four-day winning streak for the major stock indexes and erased an early rally in European markets.

Bond prices also fell sharply, sending their yields higher, after a report showed inflation decelerated only to 8.3% in August, instead of the 8.1% economists expected.

The hotter-than-expected reading has traders bracing for the Federal Reserve to raise interest rates even higher than expected to combat inflation, with all the risks for the economy that entails. Fears about higher rates sent prices dropping for everything from gold to cryptocurrencies to crude oil.

Dementia Joe's Marxist Inflation Reduction Act is off to a great start!

Nikkei ends lower on fears U.S. rate hikes will hurt global economy.

People's Daily: Nikkei ends lower on fears U.S. rate hikes will hurt global economy.

09:20, September 06, 2022

TOKYO, Sept. 5 (Xinhua) -- Japan's benchmark Nikkei stock index closed lower for a fourth successive day Monday, following Wall Street's weak lead late last week amid ongoing concerns the U.S. Federal Reserve's aggressive rate hikes will impact the global economy.

The 225-issue Nikkei Stock Average lost 31.23 points, or 0.11 percent, from Friday to close the day at 27,619.61.

The broader Topix index, meanwhile, shed 1.38 points, or 0.07 percent, to finish at 1,928.79.

Local dealers said the market mood was dented following Wall Street's poor showing on Friday, owing to solid U.S. jobs data for August supporting the median market consensus the Fed will continue with its aggressive rate hikes to combat inflation.

"The Fed will likely push ahead with a 0.75 point basis rate hike to be announced later this month, with the central bank also signaling its aggressive monetary policy will continue into the future despite the impact it will have on its own and the global economy," a Tokyo-based investment analyst was quoted as saying.

Market strategists also noted that U.S. markets being closed for the Labor Day holiday on Monday added to a risk-off mood, amid a lack of fresh trading cues.

We'll see how U.S. markets react on Tuesday's Opening Bell.

I didn't get $8,000. Did you get $8,000?

Breitbart: Biden tells Americans be grateful for $8,000.

What ya wanna hit is Twitter thread.

Buzz Patterson@BuzzPatterson
·1h

I’m complaining and I never received a check for $8000. Another speech gaffe or is our government incompetent? (Don’t at [sic] (likely meant 'ask') me, I know the answer). ⁦@JoeBiden

Biden: Americans Complaining of Inflation Forgot We Sent Them $8,000


Pittsburgh Sports/Stargate@Pittsburgh7676
·
1h
I didn't get a check for $8,000

LINK

Twitter torches Biden for claiming it 'doesn't sound like' there's a recession: 'Out of touch.'

FOX News (MSN Archived): Twitter torches Biden for claiming it 'doesn't sound like' there's a recession: 'Out of touch.'

Conservative Twitter users berated President Biden after he insisted that it doesn’t "sound like" the U.S. had entered a recession in a speech from the White House on Thursday afternoon.
[.]
[Biden] concluded with his dig: "That doesn’t sound like a recession to me." He walked off without acknowledging the press as they clamored for him to answer questions.

In the past, Biden has claimed he didn’t think the U.S. would be entering a recession in the near future, and his administration, including White House press secretary Karine Jean-Pierre and economic advisor Brian Deese, is now denying that the U.S. is in a recession, despite the numbers saying otherwise.

Conservatives on Twitter derided Biden for the outright denial.

"It’s reassuring to be lied to in such a calm and grandfatherly way," remarked conservative author David Marcus.

The Heritage Foundation Twitter account even had to comment, writing, "Out. Of. Touch."

Donald Trump Jr. slammed Biden, his party and the mainstream media in one fell swoop, tweeting, "What a disgrace… not just Joe, not just the democrats who are happy to see the US economy get battered to further their insane agenda, but also the MSM for their refusal to asks even the basic questions about this unmitigated disaster."

"YOU walk away without taking questions," tweeted The Spectator contributing editor Stephen Miller, mocking how Biden’s handlers give him directions on note cards.