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ANOTHER BANK FAILURE: PacWest Shares Plunge, Troubled Bank Crashes
/in DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy The Geller Report $640 billion in bank failures. Another Biden success. PacWest stock plummets more than 50%, other bank stocks join in decline. PacWest Tumbles; Oil Steadies …..following Federal Reserve interest-rate increase By: Wall Street Journal, May 4, 2023: Aftershocks from March’s banking turmoil rumbled on, even as the the Federal Reserve’s aggressive rate-rise campaign approaches […]
A Frightening Solution to the Debt Ceiling Crunch
/in Economy, Featured, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Alex J. Pollack and Paul Kuplec Much has been written about the Congressional debt-ceiling standoff. US Treasury and Federal Reserve Board officials have insisted that the only way to prevent a federal government default on its debt is for Congress to simply raise the debt ceiling without requiring any reduction in spending and deficits. […]
Bud Light Parent Cans Ad Agency In Wake Of Dylan Mulvaney Debacle: REPORT
/in DrRichSwier.com, Economy, Elections, Politics, Science /by DrRichSwier.comBy The Daily Caller Anheuser-Busch told its U.S. beer distributors it had fired the advertising agency responsible for the partnership between Bud Light and transgender influencer Dylan Mulvaney, according to The New York Post. Anheuser-Busch, Bud Light’s parent company, recently sent a commemorative can of beer to Mulvaney to celebrate the influencer’s “365 Days of Girlhood” series, […]
REP. BYRON DONALDS: There Is No Doubt Trump Is The Right Choice For America
/in Courts & Law, DrRichSwier.com, Economy, Elections, Energy, Immigration, Politics /by DrRichSwier.comBy The Daily Caller A recent visit to a pizza parlor in Ft. Myers reminded me why endorsing Donald Trump for president was one of the easiest decisions I’ve ever had to make. The crowd there went wild, chanting “Trump, Trump, Trump!” This is what Paul McCartney must have felt traveling the world during Beatlemania. […]
House Passes Debt Ceiling Increase After Republicans Keep Key Inflation Reduction Act Provision
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Michael Ginsberg The House of Representatives passed legislation Wednesday that would raise the debt ceiling through the end of March 2024 or by $1.5 trillion. The Limit, Save, Grow Act passed almost entirely along party lines, with 217 Republicans in favor. All 211 voting Democrats and four Republicans voted against the legislation, which is […]
The Most Splendid Housing Bubbles in America, April Update: Year-over-Year Price Drops Worsen in San Francisco, Seattle, San Diego, Portland, Las Vegas, Phoenix, Los Angeles, Denver
/in Economy, Featured, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter Even Miami lost ground. The spring selling season is a dud so far. And the banking crisis hasn’t even made it into the data yet. That’s still to come. The spring selling season is here, but so far, it’s a dud. In some markets, home prices fell from the prior month, despite […]
‘It’s a Bloodbath’: FOX Ratings Collapse, Loses Half It’s Audience
/in DrRichSwier.com, Economy, Politics /by DrRichSwier.comBy The Geller Report MSNBC Wins Demo Each Hour From 4:00-10:00 P.M. The network is suffering without Tucker’s biting critiques of Democrats and establishment Republicans and people are tuning out in droves. Every FOX show is taking a Tucker beating. Sean Hannity and Laura Ingraham’s ratings are collapsing too. Tucker had an average audience of […]
DUMPING THE DOLLAR: Argentina Abandons U.S. Dollar. Will Pay for China Imports in Yuan
/in DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy The Geller Report No media coverage. The biggest stories of the day are censored from the American public, leading sheep to slaughter. The dollar as the main world currency is a pillar of our strength and power. More countries are mulling a similar move. Another defeat for the Biden Administration by China. Little to […]
GDP Shows Economy Slowing in First Quarter of 2023
/in DrRichSwier.com, Economy, Elections, Politics, Taxes /by DrRichSwier.comBy The Geller Report Economic momentum is slowing, amid higher interest rates and a banking crisis, new gross domestic product report shows. The U.S. economy wobbled in the first months of 2023. But no worries, the Democrat media axis will cheer on these Biden ‘successes.’ There is very little growth in the Biden Administration’s putrid […]
Maybelline Gets Burned by the Latest Round of Dylan Mulvaney Boycotts
/in Economy, Featured, Life Advocacy, ThePricklyPear.org /by ThePricklyPear.orgBy Suzanne Bowdey While Anheuser-Busch reels from the backlash over its partnership with Dylan Mulvaney, another brand is jumping feet-first into the fire. Over the weekend, media personality Oli London retweeted a post of Mulvaney “getting glam” with Maybelline, which has apparently joined the ranks of companies like Nike who think the best way to […]
Weekend Read: European Author Explains the Massive Disconnect between Young and Old Americans on Capitalism
/in Economy, Education, Featured, Liberty, ThePricklyPear.org /by ThePricklyPear.orgBy Jon Miltimore FEE recently sat down with German author Rainer Zitelmann to discuss his latest book, the global financial crisis, and the future of capitalism. The great writer Henry Hazlitt once observed that the path to prosperity is achieved through production, and the best way to achieve production is to maximize incentives. “And the […]
McCarthy Proves What He’s Made Of with Gritty Budget Win
/in Courts & Law, DrRichSwier.com, Economy, Elections, Featured, Politics, Taxes /by DrRichSwier.comBy Family Research Council House Speaker Kevin McCarthy (R-Calif.) hasn’t had an easy path. After painstakingly working through conservatives’ gripes with House leadership this January, he finally squeaked out the votes he needed to assume the third most powerful job in Washington. But even after that chaos died down, questions loomed. Was he cut out to be […]
TAKE ACTION: M·A·C· Cosmetics Is Proud to Support the LGBTQ Lifestyle
/in DrRichSwier.com, Economy, Politics, Science /by DrRichSwier.comBy One Million Moms Parents should be aware that M·A·C· Cosmetics has a dedicated VIVA GLAM line that financially supports the LGBTQ lifestyle. M·A·C· uses transgenders, drag queens, and particularly, trans social media influencers to push this lifestyle onto impressionable teens who see the influencers glamorize their lifestyle. In truth, M·A·C· is pushing an agenda […]
Maricopa County’s Proposal to Comply with the EPA Threatens to Turn Arizona into California
/in Economy, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy AZ Free News If you enjoy losing your freedom for a goal that is impossible to achieve, the Maricopa Association of Governments (MAG) has you covered. MAG recently released its proposed measures to bring Maricopa County into compliance with ozone standards set by the United States Environmental Protection Agency (EPA), and it’s a total […]
Biden’s ‘Green’ Policies Following Europe Straight Into the Dark
/in Economy, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Craig Rucker President Biden and congressional Democrats constantly fret about “climate change.” Indeed, they have made it such a high priority they are taking an “whole of government approach” to addressing it. In fulfilling their aims at curbing emissions, the entire Biden Administration has been systematically and intentionally dismantling the powerful, reliable energy system […]
Disney Sues Florida Gov. Ron DeSantis
/in Courts & Law, DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy The Daily Caller Disney filed a lawsuit Wednesday against Republican Gov. Ron DeSantis of Florida, accusing him of launching a “targeted campaign of government retaliation” against the company. Disney and DeSantis have been engaged in a years-long struggle since the governor removed the company’s special governing status. Disney responded Wednesday by filing a lawsuit […]
WOKE Disney Undergoes More Massive Companywide Layoffs
/in DrRichSwier.com, Economy, Politics, Science /by DrRichSwier.comBy The Geller Report Wiktionary: get woke, go broke (informal, neologism) A perception that businesses that focus on social activism to align themselves with social justice tend to underdeliver on quality, and thus are liable to lose customers. Go woke, go broke. Disney will begin a second wave of layoffs Monday, as it works toward eliminating 7,000 jobs to help save $5.5 billion […]
The Next Two FED Meetings Could Be Market Movers
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Neland Nobel There is little doubt today that what the Federal Reserve decides to do with both interest rates and its massive balance sheet is perhaps the most important variable moving markets. The next two FED meetings loom as particularly important. The key dates will be May 3rd-4th and June 14th-15th. To be sure, […]
Musk to Build New Chinese Factory, Despite CCP Crimes and Abuses
/in Economy, Featured, Life Advocacy, National Security, ThePricklyPear.org /by ThePricklyPear.orgBy Catherine Salgado Twitter Inc. has apparently changed its name to the highly unimaginative X Corp., but that, in my opinion, isn’t the most important news this week related to Tesla and Twitter CEO Elon Musk. Musk is once again selling out his supposed pro-free speech humanitarian principles for profit. If a country’s government is […]
THE WEB OF DYSTOPIAN TYRANNY: The Medical Industrial Complex
/in DrRichSwier.com, Economy, Healthcare, Politics, Science /by DrRichSwier.comBy Kelleigh Nelson “The drive of the Rockefellers and their allies is to create a one-world government combining super capitalism and Communism under the same tent, all under their control…. Do I mean conspiracy? Yes I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in […]
Why Gold Is Such an Effective Weapon Against the Government’s Monetary Schemes
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Joshua Glawson Ron Paul: “Because gold is honest money it is disliked by dishonest men.” Buying physical gold is a time-proven method of securing generational wealth, and a security measure often taken in times of economic turbulence. Gold investing has long been viewed as a hedge against inflation and a store of value against […]
Who Told You That You Were Naked? Verification and the Blue Check Vacation
/in DrRichSwier.com, Economy, Politics /by DrRichSwier.comBy Family Research Council If one didn’t know any better, one might think this was the day Don McClean sang about when he said it was the day the music died. Instead of saying “Bye, bye Miss American Pie,” we were all saying our farewells to the last vestige of a twenty-first century caste system: […]
Pennsylvania Lawmakers Look To Investigate Gender Clinic’s Use Of Taxpayer Dollars On Trans Training
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy The Daily Caller The Pennsylvania Department of Human Services gave the Gender and Sexuality Development Program at the Children’s Hospital of Philadelphia (CHOP) nearly $177,000 through three years to host workshops for mental health providers on how to “affirm” transgender and gender expansive clients. Several Pennsylvania Republican lawmakers are criticizing taxpayer dollars being spent […]
Biden’s Fascistic EV Edict
/in Economy, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy David Harsanyi President Joe Biden is set to “transform” and “remake” the entire auto industry—“first with carrots, now with sticks”—notes The Washington Post, as if dictating the output of a major industry is within the governing purview of the executive branch. The Environmental Protection Agency is proposing draconian emissions limits for vehicles, ensuring that […]
Who is Alissa Heinerscheid and Why Did She Sodomize Anheuser-Busch?
/in DrRichSwier.com, Economy, Politics /by DrRichSwier.comBy Dr. Rich Swier Many of our readers are wondering who was behind the Bud Light Dylan Mulvaney partnership and a series of sponsored TikTok posts by “trans influencer Dylan Mulvaney”, including a video advertising the “Easy Carry” contest from Bud Light in celebration of March Madness in which participants film themselves carrying as many Bud Lights […]
Newsmax Host Uses 12-Gauge Shotgun To Show Bud Light How He Really Feels
/in DrRichSwier.com, Economy, Elections, Politics, Science /by DrRichSwier.comBy The Daily Caller Newsmax host and former Navy SEAL Carl Higbie shared a video Sunday in which he showed Bud Light’s parent company, Anheuser-Busch, how he really feels about its decision to make transgender Dylan Mulvaney its brand ambassador. The video starts with Higbie approaching his camera holding a can of Bud Light in one hand, […]
What Would Happen if the Fed Caves to 4%-5% Core PCE Inflation, Gives up on 2%, as some Folks are Clamoring For?
/in Economy, Featured, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter The economy would muddle through, but in the markets, all heck would break loose. Here’s why. The issue is this: Since April 2022, the Fed has hiked its policy interest rates by 450 basis points, but consumer price inflation as measured by the “core” PCE price index – which excludes volatile food […]
Biden Regime FHFA Rule: Redistribute ‘High-Risk Loan Costs’ to Homeowners with ‘Good Credit’
/in DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy The Geller Report “The Communists’ chief purpose is to destroy every form of independence—independent work, independent action, independent property, independent thought, an independent mind, or an independent man. Conformity, alikeness, servility, submission and obedience are necessary to establish a Communist slave-state.” — Ayn Rand. More left-wing hatred of the good: punishing the productive, rewarding […]
Jean-Pierre Responds To Outrage Over Bud Light’s Partnership With Dylan Mulvaney
/in DrRichSwier.com, Economy, Elections, Politics, Religion, Science /by DrRichSwier.comBy The Daily Caller White House press secretary Karine Jean-Pierre responded to the ongoing outrage revolving around Bud Light’s partnership with transgender TikTok influencer Dylan Mulvaney. Bud Light partnered with Mulvaney in early April and created a specialized can depicting the influencer’s face and the slogan, “Celebrate Everyone’s Identity.” This partnership prompted outrage and a widespread boycott by conservatives […]
De-dollarization Has Begun: Redux
/in Economy, Featured, National Security, ThePricklyPear.org /by ThePricklyPear.orgBy Peter C. Earle Last week’s article (“De-dollarization Has Begun”) produced a large number of comments and follow-up questions. Enough, in fact, that it feels necessary to address the most common of them in a follow-up piece. Some of these responses require a degree of speculation, while others are quite straightforward. 1. Is the reduction […]