He said he wouldn't..... He changed his mind... Why? The Biden administration gave formal approval Monday for a huge oil drilling project in Alaska known as Willow, despite widespread opposition because of its likely environmental and climate impacts. The president is … [Read more...] about Biden goes ahead with approving Alaska Oil drilling…..
US Economy
Facebook/Instagram parent Company Meta to lay off 10,000 employee’s….
They keep telling us the economy is good.... The Fed keeps raising interest rates.... Consumer prices keep going up..... Gas prices also.... Yea...Everythings fine, eh? Meta, the owner of Facebook and Instagram, said on Tuesday that it planned to lay off about … [Read more...] about Facebook/Instagram parent Company Meta to lay off 10,000 employee’s….
President Biden does the ‘Right’ thing for the Banks……
Yes.... The Biden admin IS bailing out two banks.... (Signature Bank is actually doing better as I type this) Don't think anything else.... And? It's the right thing to do.... The bank stocks are alright as of today .... The market people are still focused on … [Read more...] about President Biden does the ‘Right’ thing for the Banks……
Will the Fed Stop raising interest rates?
No more interest rate hikes? (For Now at least) All the 'market' people are REALLY talking about right now is interest rates #1 The Banks #2 They want ole' Jerome & Co. over at the Fed to STOP raisng the interest rates...... The market people (and consumers) … [Read more...] about Will the Fed Stop raising interest rates?
Biden tries to get around Govt. Money backing the Banks….
Just hearing the President of the United States SAY the banks are safe is NOT gonna work I believe.... But? Biden did say 'He will do 'Whatever has to be done'..... But this morning ANOTHER bank (First Republican) went in the tank today..... ALL the bank … [Read more...] about Biden tries to get around Govt. Money backing the Banks….
Breaking….Feds WILL fund Silicon Bank money
I told ya so…… President Biden who has been here before is NOT going to sit by while some lawmakers talk about leaving thousands of people to NOT get paid because the 16th largest bank ran out of money…. This is a act to stop possible OTHER bank runs… This is breaking … [Read more...] about Breaking….Feds WILL fund Silicon Bank money
Nobody REALLY knows if the Feds will have to bail out* banks….
The media reports have some saying the Federal Reserve WILL NOT supply the money tho bail out the Silicon Valley banks failure.... Don't take that as gospel.... The answer will become more clearer this coming week.... The SVB has all it's accounts at $250,000 and under … [Read more...] about Nobody REALLY knows if the Feds will have to bail out* banks….
Price hikes in some consumer food good’s laid out…..
The Hill lists price hikes for Americans in five items ..... You’ve probably felt your grocery bill growing over the past year, but seeing the numbers really puts it into perspective. The Federal Reserve Bank of St. Louis tracks every type of economics metric you can think … [Read more...] about Price hikes in some consumer food good’s laid out…..