PJ Media: Democrat John Kerry, the U.S. special presidential envoy for climate, was photographed not wearing a mask today while flying in first class and reading a book.
“A faithful witness does not lie, But a false witness will utter lies.” Proverbs 14:12
The Tennessee Star reported that Kerry was not eating or drinking when he had his mask off as he waited for the American Airlines flight to take off from Boston to Washington. “He was simply flaunting Biden’s mandatory mask policy.” Read More
The investment bank told its financial advisors Wednesday in an internal memo that it is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter.
Two of the funds on offer are from Galaxy Digital, a crypto firm founded by Mike Novogratz, while the third is a joint effort from asset manager FS Investments and bitcoin company NYDIG.
Morgan Stanley is only allowing its wealthier clients access to the volatile asset: The bank considers it suitable for people with “an aggressive risk tolerance” who have at least $2 million in assets held by the firm. Investment firms need at least $5 million at the bank to qualify for the new stakes. Read More
JPost: All returnees from abroad can be required to wear an electronic bracelet to ensure that they isolate at home or to quarantine in a hotel, a bill approved by the Knesset on Wednesday stated, while the number of serious patients and the COVID-19 reproduction rate dropped to their lowest level in months.
“Let everyone be subject to the governing authorities, for there is no authority except that which God has established. The authorities that exist have been established by God.” Romans 13:1
The legislation passed authorized the government to decide that those who enter the country from abroad or from specific countries will need to choose between the two options, except for children under the age of 14 and other special humanitarian cases.
At the moment, all people entering the country are required to isolate, unless they present a vaccination or a recovery certificate issued by the Health Ministry. Those who got inoculated or recovered abroad can be released from the quarantine if they undergo a serological test to prove their level of antibodies.
Electronic devices have already been used for the purpose of ensuring that people do not break the quarantine for several weeks on a voluntary basis.
According to the bill, the operation is carried out by private companies on behalf of the ministry. The company will inform the authorities if the person appears to leave their house. Read More
The Fed expected core inflation to hit 2.2% this year, but a long-run expectation of it sticking around 2%.
The U.S. central bank also indicated that it didn’t plan to hike interest rates through 2023 and that it would continue its program of buying at least $120 billion bonds a month.
Quilter Investors portfolio manager Hinesh Patel said that “while no response right now is arguably the only move on offer, whatever Powell does at this juncture, the Fed are taking bond markets to the danger zone.”
Daily Wire: At the Senate Judicial Committee Hearing on the Equality Act on Wednesday, independent journalist Abigail Shrier presented a serious testimony against the Equality Act due to the inequality it would ensure for young girls and women.
“A woman shall not wear anything that pertains to a man, nor shall a man put on a woman’s garment, for all who do so are an abomination to the Lord your God.” Deut. 22:5
Shrier has been criticized for being anti-transgender even though she says her book has nothing to do with adults being transgender, but rather is about the “trans epidemic” that impacts young girls. She has also spoken out against censorship in the book world.
Last month, The Daily Wire reported on Shrier’s tweet thread regarding Amazon’s book-banning:
“We’re really not making a big enough deal of the fact that [Amazon] has begun deleting books,” she said. “Amazon now claims the right to bar all books that are ‘inappropriate or offensive.’ Of course, nearly *every book* worth reading could be characterized as ‘inappropriate’ or ‘offensive’ to someone.”
few have pointed out that Biden’s condemnation came nearly one year to the day after Tara Reade, one of Biden’s former staffers, told Katie Halper details about how Biden had sexually assaulted her
“A nation without God’s guidance is a nation without order. Happy are those who keep God’s law” Proverbs 29:18 ESV
As the border crisis unleashed by the Biden Administration worsens – even prompting the president to plead with migrants not to keep coming during an ABC News interview released last night – President Trump has returned for an interview with Fox Business host Maria Bartiromo where he laid into Biden for aggravating the border crisis by reinstating catch and release and rolling back other forms of enforcement.
Zero Hedge: “Cash is, and will continue to be, trash,” is how Bridgewater founder Ray Dalio sums up the future for Americans (and for that point the rest of the fiat-sponsored world), but in his latest letter, he warns that amid the mad money priting and fiscally-enabled inflation, bonds may also be ‘trash’… and in fact any US-dollar-denominated asset.
“The economics of investing in bonds (and most financial assets) has become stupid,” he said in his latest post on LinkedIn.
“Rather than get paid less than inflation why not instead buy stuff – any stuff – that will equal inflation or better?”
The charts below that go back to 1900 show these things – real bond yields, nominal bond yields, and nominal/real cash rates for the US, Europe, and Japan.
As Dalio has explained over the previous few years the credit/debt cycle is only one of the three really big cycles… Read More
Daily Mail: Revolutionary Guards commander Hossein Salami visited the new missile base
Footage broadcast by state TV showed rows of missiles stashed at the facility
He bragged that it is only a ‘small section’ of Iran’s ‘great and expansive’ missiles
“Persia, Cush and Put will be with them, all with shields and helmets” Ezekiel 38:5 NIV
Iran has showed off what it says is a new high-tech ‘missile city’ with an underground stash of rockets operated by its Revolutionary Guards.
The base was inspected by Guards commander Hossein Salami who boasted that it makes up only a ‘small section of the great and expansive missile capability’ possessed by Tehran.
Footage broadcast by state TV showed rows of missiles stashed in a depot at the underground base, while the head of the Guards’ naval unit said the site was equipped to detect enemy signals. Read More
CNBC: The Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.
However, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”
Chairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.
resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.
But that’s the position in which the Federal Reserve finds itself.
The challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.
“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon
