Steve Bannon: The Debt Ceiling Bill is All a Lie…
https://nypost.com/2023/05/30/get-them-rewrite-debt-ceiling-deal-fails-to-fix-dc/?utm_campaign=iphone_nyp&utm_source=com.gettr.gettr.share
https://gettr.com/post/p2ifw1v921f
https://nypost.com/2023/05/30/get-them-rewrite-debt-ceiling-deal-fails-to-fix-dc/?utm_campaign=iphone_nyp&utm_source=com.gettr.gettr.share
https://gettr.com/post/p2ifw1v921f
New York Post
Get them rewrite! Debt-ceiling deal fails to fix DC
Another short period of political uncertainty is far better than taking another giant step towards national financial ruin.
🚨🚨🚨
CALL TO ACTION: VOTE NO! We The People will NOT accept this bill.
https://gettr.com/post/p2hypoib3d1
CALL TO ACTION: VOTE NO! We The People will NOT accept this bill.
https://gettr.com/post/p2hypoib3d1
GETTR - The Marketplace of Ideas
WarRoom — Home of ultraMAGA on GETTR : 🚨🚨🚨
Jamie Dimon Says He Never Discussed Jeffrey Epstein’s Accounts at JPMorgan; Jes Staley Says Dimon Did
Jes Staley’s statements, made in documents viewed by The Wall Street Journal that haven’t been made public, are his first remarks to emerge about conversations between him and Dimon regarding Epstein. The bank on Tuesday said Staley’s statements are false.
The government of the U.S. Virgin Islands and an unnamed woman, who said she was abused by Epstein, sued JPMorgan last year, claiming that the bank facilitated Epstein’s alleged sex trafficking.
https://www.wsj.com/articles/jamie-dimon-says-he-never-discussed-jeffrey-epsteins-accounts-at-jpmorgan-jes-staley-says-dimon-did-b11f0da5?st=t5p3p4jsuztc32q&reflink=mobilewebshare_permalink
Jes Staley’s statements, made in documents viewed by The Wall Street Journal that haven’t been made public, are his first remarks to emerge about conversations between him and Dimon regarding Epstein. The bank on Tuesday said Staley’s statements are false.
The government of the U.S. Virgin Islands and an unnamed woman, who said she was abused by Epstein, sued JPMorgan last year, claiming that the bank facilitated Epstein’s alleged sex trafficking.
https://www.wsj.com/articles/jamie-dimon-says-he-never-discussed-jeffrey-epsteins-accounts-at-jpmorgan-jes-staley-says-dimon-did-b11f0da5?st=t5p3p4jsuztc32q&reflink=mobilewebshare_permalink
WSJ
WSJ News Exclusive | Jamie Dimon Says He Never Discussed Jeffrey Epstein’s Accounts at JPMorgan; Jes Staley Says Dimon Did
Former top JPMorgan executive Jes Staley said in legal documents that he communicated with CEO Jamie Dimon about the bank’s business with convicted sex offender Jeffrey Epstein.
A Debt Deal That Doesn’t Deal With Debt
Republicans in Congress used the threat of a catastrophic default on Treasury securities if President Biden didn’t agree to cut spending. In the end, Republican negotiators agreed to raise the debt ceiling, removing the threat of default, in return for cuts that make only the slightest change to the trajectory of deficits and debt.
https://www.wsj.com/articles/a-debt-deal-that-doesnt-deal-with-debt-eef3e608?st=280qebofz5ku5cd&reflink=mobilewebshare_permalink
Republicans in Congress used the threat of a catastrophic default on Treasury securities if President Biden didn’t agree to cut spending. In the end, Republican negotiators agreed to raise the debt ceiling, removing the threat of default, in return for cuts that make only the slightest change to the trajectory of deficits and debt.
https://www.wsj.com/articles/a-debt-deal-that-doesnt-deal-with-debt-eef3e608?st=280qebofz5ku5cd&reflink=mobilewebshare_permalink
WSJ
A Debt-Ceiling Deal That Doesn’t Deal With Debt
On the brink of a default, Biden and Republicans hammer out a deal that doesn’t raise taxes or address the biggest sources of spending pressure.
Forwarded from Midnight Rider Channel 🇺🇸 (Karli Bonne)
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They want to lock in Obama’s third term
Steve Bannon Live with Charlie Now! 🇺🇸🦅🇺🇸
Debt Ceiling Civil War? | Bannon, Sen. Lee, Rep. Bishop, Sen. Scott, Kane | LIVE 5.31.23
https://gettr.com/post/p2ifpmgd607
Debt Ceiling Civil War? | Bannon, Sen. Lee, Rep. Bishop, Sen. Scott, Kane | LIVE 5.31.23
https://gettr.com/post/p2ifpmgd607
GETTR - The Marketplace of Ideas
Charlie Kirk on GETTR : Debt Ceiling Civil War? | Bannon, Sen. Lee, Rep. Bishop, Sen. Scott, Kane | LIVE 5.31.23
Steve Bannon: McCarthy’s Desperate Search for Republican Votes ….
https://thehill.com/homenews/house/4027358-mccarthys-future-on-the-line-as-he-whips-debt-ceiling-deal/
https://gettr.com/post/p2if0uy2471
https://thehill.com/homenews/house/4027358-mccarthys-future-on-the-line-as-he-whips-debt-ceiling-deal/
https://gettr.com/post/p2if0uy2471
The Hill
McCarthy’s future on the line as he whips debt ceiling deal
He got President Biden to negotiate. And then he got a deal. Now, Speaker Kevin McCarthy (R-Calif.) is in the final phase of his debt ceiling saga: whipping up enough support for the bill in the Ho…
Are Critical National Interests At Stake In Taiwan
What Fanell and Thayer are saying is that nuclear weapons based in Taiwan will be available in the event of a Chinese invasion and that their use will be a tripwire for a strategic nuclear exchange between America and China that will immediately start (and end) World War III.
https://open.substack.com/pub/andmagazine/p/are-critical-national-interests-at?r=14q44t&utm_medium=ios&utm_campaign=post
What Fanell and Thayer are saying is that nuclear weapons based in Taiwan will be available in the event of a Chinese invasion and that their use will be a tripwire for a strategic nuclear exchange between America and China that will immediately start (and end) World War III.
https://open.substack.com/pub/andmagazine/p/are-critical-national-interests-at?r=14q44t&utm_medium=ios&utm_campaign=post
AND Magazine
Are Critical National Interests At Stake In Taiwan
Should we build American air, sea, and land bases on Taiwan?
Rep Clyde: I didn’t come to Washington to maintain the Swamp’s status quo or to rubber stamp some fiscally irresponsible deal.
I'm a hard NO on the disastrous debt ceiling agreement.
https://gettr.com/post/p2ie2ukac17
I'm a hard NO on the disastrous debt ceiling agreement.
https://gettr.com/post/p2ie2ukac17
GETTR - The Marketplace of Ideas
Rep. Andrew Clyde on GETTR : I didn’t come to Washington to maintain the Swamp’s status quo or to rubber stamp some fiscally irresponsible…
That's right: that 0.2% cut in spending is what all the brewhaha was over, a cut which will not only push total debt to $35 trillion by the end of Biden's term, but will not even put a dent in the long-term US debt trajectory which even the CBO has no problem as showing in its full, hyperinflationary glory.
https://www.zerohedge.com/markets/total-farce-real-spending-under-debt-ceiling-deal-actually-goes-next-year
https://www.zerohedge.com/markets/total-farce-real-spending-under-debt-ceiling-deal-actually-goes-next-year
The impeachment of #Texas Attorney General Ken Paxton has highlighted the divisions among Texas Republicans.
The House impeachment process was “absolutely political targeting,” state Rep. Tony Tinderholt said.
https://www.theepochtimes.com/ken-paxton-impeachment-highlights-divisions-among-texas-republicans_5301704.html?utm_medium=Social&utm_source=gettr
https://gettr.com/post/p2igiyfa121
The House impeachment process was “absolutely political targeting,” state Rep. Tony Tinderholt said.
https://www.theepochtimes.com/ken-paxton-impeachment-highlights-divisions-among-texas-republicans_5301704.html?utm_medium=Social&utm_source=gettr
https://gettr.com/post/p2igiyfa121
www.theepochtimes.com
Ken Paxton Impeachment Highlights Divisions Among Texas Republicans
The House needed a simple majority of its 149 members to move forward with the impeachment, but 60 of the 85 Republicans voted with Democrats to impeach.
Watch Yield Curve For When Stocks Begin To Price Recession Risk
Leading economic data has been signalling a recession for several months. Typically stocks closely follow the ratio between leading and coincident economic data.
As the chart above shows, equities have recently emphatically diverged from the ratio, indicating they are supremely indifferent to very high US recession risk.
What gives? Much of the recent outperformance of the S&P has been driven by a tiny number of tech stocks. The top five S&P stocks’ mean return this year is over 60% versus 0% for the average return of the remaining 498 stocks.
https://www.zerohedge.com/markets/watch-yield-curve-when-stocks-begin-price-recession-risk
Leading economic data has been signalling a recession for several months. Typically stocks closely follow the ratio between leading and coincident economic data.
As the chart above shows, equities have recently emphatically diverged from the ratio, indicating they are supremely indifferent to very high US recession risk.
What gives? Much of the recent outperformance of the S&P has been driven by a tiny number of tech stocks. The top five S&P stocks’ mean return this year is over 60% versus 0% for the average return of the remaining 498 stocks.
https://www.zerohedge.com/markets/watch-yield-curve-when-stocks-begin-price-recession-risk
A Warning to the GOP: If You Vote Yes On This Today, You Are Signing Your Political Death Warrant.
Steve Bannon: “What everybody should do because this is what they fear — you get on the phone and particularly if you’re in a red district, you should tell your congressmen, ‘Look, let’s cut to the chase. Very simple. If you vote yes for this, I will put my shoulder to the wheel because the first issue I have to deal with is you. I will make sure you’re primaried, I will make sure you lose and I will make sure you’re signing your political death warrant today when you vote yes on this.”
H/T: https://twitter.com/pu28453638/status/1663960829773873162?s=46&t=ECqdZL_9ZGFJGqr2dyJD8g
https://gettr.com/post/p2ignfi2578
Steve Bannon: “What everybody should do because this is what they fear — you get on the phone and particularly if you’re in a red district, you should tell your congressmen, ‘Look, let’s cut to the chase. Very simple. If you vote yes for this, I will put my shoulder to the wheel because the first issue I have to deal with is you. I will make sure you’re primaried, I will make sure you lose and I will make sure you’re signing your political death warrant today when you vote yes on this.”
H/T: https://twitter.com/pu28453638/status/1663960829773873162?s=46&t=ECqdZL_9ZGFJGqr2dyJD8g
https://gettr.com/post/p2ignfi2578
Twitter
A warning to the GOP: If you vote yes on this today, you were signing your political death warrant 🔥
Steve Bannon: Right Wing Savages Debt Ceiling Bill as Surrender to Radical Democrats and Biden Regime….
https://www.nytimes.com/2023/05/31/us/politics/debt-ceiling-house-vote.html
https://gettr.com/post/p2ifcg8d012
https://www.nytimes.com/2023/05/31/us/politics/debt-ceiling-house-vote.html
https://gettr.com/post/p2ifcg8d012
NY Times
House Passes Debt Limit Bill in Bipartisan Vote to Avert Default
An overwhelming bipartisan coalition pushed through the compromise struck by Speaker Kevin McCarthy and President Biden, even as lawmakers in both parties signaled displeasure with the plan.
Goldman Sachs Prepares Another Round of Layoffs Amid Deal Drought
The layoffs would mark a third round of job cuts at Goldman in less than a year. Goldman cut a few hundred employees in September as part of normal management of staffing levels and then eliminated roughly 3,200 positions, or about 6% of employees, in January. The bank had about 45,000 employees in the first quarter.
https://www.wsj.com/articles/goldman-sachs-prepares-another-round-of-layoffs-amid-deal-drought-afce7cc8?st=u3h5irogu5n6iag&reflink=mobilewebshare_permalink
The layoffs would mark a third round of job cuts at Goldman in less than a year. Goldman cut a few hundred employees in September as part of normal management of staffing levels and then eliminated roughly 3,200 positions, or about 6% of employees, in January. The bank had about 45,000 employees in the first quarter.
https://www.wsj.com/articles/goldman-sachs-prepares-another-round-of-layoffs-amid-deal-drought-afce7cc8?st=u3h5irogu5n6iag&reflink=mobilewebshare_permalink
WSJ
WSJ News Exclusive | Goldman Sachs Prepares Another Round of Layoffs Amid Deal Drought
The financial giant is readying cuts that will impact a range of employees, including managing directors and other senior executives, people familiar with the matter said.
Lone freshman who opposed McCarthy speakership opposes debt ceiling deal, calls for ‘accountability’ | Just The News
The Congressman says that Speaker Kevin McCarthy’s debt ceiling deal is about so much more than just the House Freedom Caucus or Kevin McCarthy, “it's about the fact again, that we're losing this country…
https://justthenews.com/podcasts/john-solomon-reports/lone-freshman-who-opposed-mccarthy-speakership-opposes-debt-ceiling
https://gettr.com/post/p2ignjs844e
The Congressman says that Speaker Kevin McCarthy’s debt ceiling deal is about so much more than just the House Freedom Caucus or Kevin McCarthy, “it's about the fact again, that we're losing this country…
https://justthenews.com/podcasts/john-solomon-reports/lone-freshman-who-opposed-mccarthy-speakership-opposes-debt-ceiling
https://gettr.com/post/p2ignjs844e
Just The News
Lone freshman who opposed McCarthy speakership opposes debt ceiling deal, calls for ‘accountability’
Freshman Congressman Eli Crane (R-Ariz.) discusses Kevin McCarthy’s debt ceiling deal and what American’s need to understand is that it adds ‘at least $4 trillion onto our national deficit, and if the spending cuts are so historic, ‘why are 100 Democrats…