Politics View All →
WHO IS RACHEL POWELL? She Used an Ice Ax and Battering Ram To Break Capitol Windows on Jan 6…She Gave Specific Directions To People Inside Capitol About How To Navigate…Why Is She on House Arrest? [VIDEO]
100 Percent Fed Up reports – Rachel Powell is a 41-yr-old Pennsylvania resident and single mother of 8 children. The FBI asked for help to find Rachel after she was caught on film breaking windows at the Capitol on January 6th. Help the #FBI identify this woman who allegedly unlawfully entered the U.S. Capitol on […]
Read More →WATCH LIVE ON RSBN: Trump Save America Rally in Mendon, Illinois – 7 PM Central
President Trump is holding a “Save America Rally” at the Adams County Fairgrounds in Mendon, Illinois, Northeast of Quincy, on Saturday, June 25, 2022, at 7:00 PM CDT. GOP Rep Mary Miller will join Trump on Saturday. President Trump is expected to deliver statements regarding the SCOTUS’ recent decision to overturn Roe v Wade. Thousands […]
Read More →DICK’S Sporting Goods Announces it Will Provide Up to $4,000 For Employees’ Abortion-Related Travel Expenses
DICK’S Sporting Goods on Friday announced it will provide abortion-related travel expenses for employees affected by the Supreme Court’s decision to overturn Roe v Wade. Abortion laws will now be decided by the states. DICK’S Sporting Goods is one of the many woke companies to announce financial assistance for employees seeking an out-of-state abortion. “In […]
Read More →Economy View All →
Job turnover in NCR improves in second half of 2021
Metro Manila’s job turnover improved in the latter half of 2021, data from the Philippine Statistics Authority showed. The agency’s Labor Turnover Survey said the National Capital Region (NCR) reported turnover rates — the difference between the rate of hiring and the rate of job termination or resignation — of 0.7% and 0.6% in the […]
Read More →NCR building materials price growth in March fastest in over 10 years
RETAIL price growth of construction materials in Metro Manila accelerated to its fastest pace in more than a decade, the Philippine Statistics Authority (PSA) reported on Friday. Preliminary data from the PSA showed that retail price growth of building materials in the National Capital Region (NCR) rose by 4.8% year on year in March, higher […]
Read More →Duterte orders dissolution of NDC-owned Cavite industrial estate
PRESIDENT Rodrigo R. Duterte has ordered the dissolution of an industrial estate in Cavite after a follow-on project to be developed by the estate operator failed to materialize. The dissolution order was contained in a memorandum signed by Executive Secretary Salvador C. Medialdea on June 23, ending the corporate life of First Cavite Industrial Estate, […]
Read More →No decision on BNPP; gov’t evaluating modular reactors
THE Climate Change Commission (CCC) said studies are still ongoing to determine the fate of the Bataan Nuclear Power Plant (BNPP), in compliance with the executive order (EO) that gave the go-signal for tapping nuclear power. “We are aware that based on the EO, studies still have to be undertaken. That’s why we are also […]
Read More →Investing View All →
The Menace of Fiscal Inflation
Today, inflation has reached a 40-year high, in response to fiscal profligacy and accommodative monetary policy. Direct cash payments to individuals and businesses in 2020 and 2021, which totaled more than $5 trillion, along with the rapid growth of base money—under the Fed’s large-scale asset purchase program (also known as quantitative easing or QE)—-have combined […]
Read More →Monetary Progress
(From the entry on “Money,” by Charles Francis Bastable, in the famous 11th edition of the Encyclopedia Britannica): The very large number of the autonomous cities of Greece, which possessed the right of issuing money, was the cause of the competition between different currencies, each having legal tender power only within its own city. In […]
Read More →Paul Krugman and the “Ersatz” Theory of Private Currencies
Although I’ve devoted many essays here to exploding myths about historical private currencies, there’s one I’ve yet to directly challenge. That’s the belief that such currencies only thrive in the absence of official alternatives. Otherwise, the argument goes, people would drop private currencies like so many hot rocks. Since this opinion assumes that private currencies […]
Read More →The New Deal and Recovery, Part 18: The Recovery So Far
(Although my contributions to this series have so far been more-or-less in their proper order, this one isn’t: it occurred to me only relatively recently that it would be worthwhile to take stock of the overall progress of the recovery up to the outbreak of the Roosevelt Revolution before delving into that episode. Had I […]
Read More →World News View All →
Shanghai’s fashion stores struggle to clear lockdown stock hangover
SHANGHAI — Almost a month since Shanghai lifted its strict coronavirus disease 2019 (COVID-19) lockdowns, fashion retailers are stuck with piles of unsold stock as cautious consumers stay away from the commercial hub’s glitzy shopping districts. Curbs to stop the virus in Shanghai, China’s fashion capital, ground the city of 25 million to a halt […]
Read More →US vows more high-level engagement with Pacific islands amid China push
WASHINGTON — White House Indo-Pacific coordinator Kurt Campbell said on Thursday he expects more high-level US officials to visit Pacific island countries as Washington steps up its engagement to counter China in the strategically important region. Mr. Campbell said the United States needed more diplomatic facilities across the region, and more contact with Pacific island […]
Read More →US recession fears darken outlook for global growth
WASHINGTON/LONDON/TOKYO — Manufacturing growth is slowing worldwide as China’s coronavirus disease 2019 (COVID-19) curbs and Russia’s invasion of Ukraine disrupt supply chains and keep inflation at the highest in years, while the growing risk of a US recession poses a new threat to the global economy. Gauges of factory activity released Thursday in Japan, Britain, […]
Read More →Cisco, Nike quit Russia, as pace of Western firms leaving speeds up
US companies Cisco Systems and Nike plan to fully exit Russia, the two firms told Reuters on Thursday, as the pace of Western firms departing accelerated. Telecoms equipment maker Cisco will wind down its business in Russia and Belarus, the company said. Nike is making a full exit from Russia three months after suspending its […]
Read More →US urges nations to reach out if having issues with Russian food, fertilizer
NEW YORK — Countries should ask the United States for help if they have any problems importing Russian food and fertilizer, a senior US official said on Wednesday, stressing that such goods were not subject to US sanctions over Moscow’s war in Ukraine. “Nothing is stopping Russia from exporting its grain or fertilizer except to […]
Read More →Moderna booster candidate shows strong response against Omicron subvariants
MODERNA, INC. said on Wednesday that an updated version of its COVID-19 vaccine designed to target the Omicron variant also generated a strong immune response against the fast-spreading Omicron subvariants BA.4 and BA.5, which have gained a foothold in the US in recent weeks. The updated vaccine, which Moderna is hoping will be approved for […]
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