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Home Prices Soar At 4.5 Times The Fed’s Inflation Target In All US Cities

Written on . Posted in PT Global Economy.

Zero Hedge: The Fed’s most frequent lament is that no matter how many trillions in bonds (and stocks and ETFs) it buys or how much liquidity it forehoses into the market, it just can’t push inflation higher.

Well, here’s an idea: maybe all the central-planning megabrains at the Marriner Eccles building and 33 Liberty Street can take a break from whatever circle jerk they are engaged in right now, and look at the latest Case Shiller numbers which showed not only that home prices surged at the fastest pace in seven years, rising more than 9% compared to a year ago…

… but that for the first time since the financial crisis, the annual price increase in every major US MSA (and according to Case Shiller there are 20 of them) rose by at least 6.8% Y/Y (in the case of Las Vegas) and as much as 13.8% in Phoenix, meaning that the average home prices across all of the US is now rising at 4.5 times the Fed’s own inflation target, and even the cheapest US MSA is rising at more than 3 times the Fed’s inflation goal. Read More

 

Int’l Holocaust Remembrance Day to focus on 1.5 million children killed by Nazis

Written on . Posted in PT Middle East.

Timed of Israel: As countries around the world observe International Holocaust Remembrance Day on Wednesday, online events will replace large gatherings at the Jewish genocide’s major sites of remembrance.

Started by the United Nations in 2005, the commemoration marks the day that Auschwitz-Birkenau — the largest of Nazi Germany’s death camps — was liberated by the Soviet army on January 27, 1945. One million Jews from all over Europe were murdered in gas chambers there, in addition to 100,000 victims from Poland, Russia and elsewhere.

With many countries reeling from COVID-19 deaths, some organizations are focusing on the plight of the Holocaust’s youngest victims: the 1,500,000 Jewish children murdered by Nazi Germany. Another theme shared this year is combatting “denial” of the genocide, which — along with anti-Semitism — is on the rise globally.

Ruins of a gas chamber-crematorium facility at Auschwitz-Birkenau, known as Krematorium II, Poland, November 2015. (Matt Lebovic/The Times of Israel)

At the Auschwitz-Birkenau State Museum in Poland, commemorations will focus on the nearly quarter-million children murdered on-site by German Nazis. At least 216,000 of those victims were Jewish children, many of them deported to the death camp without family.

“The adult world — after all, so often unjust and cruel — has never demonstrated so much of its heartlessness, its evil,” said Dr. Piotr M. A. Cywiński, director of the state museum.

“This [murder of children] cannot be justified by any ideology, reckoning or politics. This year we want to dedicate the anniversary of liberation to the youngest victims of the camp,” said Cywiński. Read More

Biden Declared War on the Unborn Four Days After Trump Declared Sanctity of Life Day

Written on . Posted in PT World Order.

The New American: Two days after he was inaugurated, President Joe Biden declared war on the unborn.

But he did more than vow to unleash the full might of the baby-murder industry upon the innocent in his message on the anniversary of Roe v. Wade, the constitutionally flawed U.S. Supreme Court decision that legalized abortion.

He also showed just how different a president he will be than his predecessor, something Never Trump Republicans apparently didn’t consider. Already Biden has attacked simple decency.

No normal American will be safe in Biden’s America. Not the unborn. Not high-school girls. Not high-school boys.

Opening Salvo

On his first day in office, the addled president opened a new front in the culture war by telling schools girls they would shower with boys in the name of imagined “transgender rights.”

That was after, of course, he appointed a “transgender woman” — meaning a man who claims he’s a woman, dresses like one, and acts like one — to the No. 2 health post in the nation at the Department of Health and Human Services.

Biden picked Rachel (Richard) Levine despite his role in the death of more than 3,000 nursing-home patients in his home state of Pennsylvania. Levine supported his governor’s order to place Chinese Virus patients in nursing homes. Then he pulled his own mother out of one. Read More

Nancy And Paul Pelosi Bought More Than $1 Million In Tesla, Disney And Apple Calls In December

Written on . Posted in PT Global Economy.

Zero Hedge:..the Speaker now clearly has a vested interest in the success of names like Tesla, whose trajectories as public companies can be altered drastically by government decisions. 

When one looks at a situation like Monday’s insanity-fueled, retail induced short squeeze across the board, one must ask: who are the government officials that have allowed this to happen and what have they been doing during the time they should be regulating such multiple-sigma market absurdities?

Allow us to offer a partial answer. If you were Nancy Pelosi and her husband, you were buying call options in names like Apple, Tesla and Disney. That’s what a new disclosure, detailed in Barron’s, revealed late last week.

Paul Pelosi purchased LEAPS in Tesla, Apple and Disney and shares in AllianceBernstein on December 22, the disclosure revealed. In other words, it’s not just clueless retail Robinhood investors that are speculating; it’s also clueless politicians. 

Paul Pelosi and Speaker Pelosi’s office didn’t respond to requests for comment, Barron’s said. Can’t say we’re surprised. Read More

MyPillow CEO Mike Lindell Has Been Permanently Banned From Twitter

Written on . Posted in PT World Order.

Zero Hedge: Twitter late Monday suspended the account of MyPillow founder and CEO Mike Lindell on its platform.

Users were faced with an error message, “You’re trying to follow user that doesn’t exist,” before the account page simply said that Lindell’s account has been suspended for having violated Twitter rules.

Lindell’s personal Twitter account had over half a million followers before being suspended. Read More

The left loves power.

BIDEN APPOINTS ANTI-ISRAEL MUSLIM TO TOP INTELLIGENCE POSITION

Written on . Posted in PT Middle East.

Israel 365: President Biden’s two newest appointees to top intelligence positions are reasons for concern; though one is Jewish, the other is a “Palestinian”-American and both are decidedly anti-Israel.

MAHER BITAR: ANTI-TRUMP

Biden appoints Palestinian American to key intelligence role

President Joe Biden just appointed Maher Bitar, a lawyer who has served as the general counsel for House Intelligence Committee Democrats since 2017, as his senior intelligence adviser for the National Security Council.

The office of the senior director for intelligence receives sensitive information that comes in from the intelligence agencies and coordinates covert action activities between the White House and the intelligence community. It’s also where the National Security Council houses the server that stores the most sensitive classified information.

BITAR: ISRAELI “OCCUPATION”, “CATASTROPHE” OF 1948

In a scholarly paper he wrote in September 2009 while a doctoral candidate at the Department of Politics and International Relations, University of Oxford, Bitar lamented “the dissolution and disappearance of an internationally recognized political entity to which Palestinians belong.” He also claimed that one of the obstacles facing Palestinians was “Israeli military occupation and expansionism, and entrenched discrimination.” Read More

BBC Educational Film Tells Children There Are ‘over 100’ Genders

Written on . Posted in PT World Order.

Breitbart: The British Broadcasting Company (BBC) has come under fire for a programme aimed at prepubescent children which claimed that there are “over 100” gender identities.

The film, entitled Identity – Understanding Sexual and Gender Identities, is currently being presented on the publicly-funded broadcaster’s ‘Teach’ website and is aimed at children between the ages of nine and 12 years old.

The programme says that becoming transgender is a means by which children can become “happy” and that supposedly different gender identities include “gender-queer”, “pansexual”, and “bi-gender”, the Daily Mail reported.

At one point during the film, a pupil is seen asking a Relationships and Sex Education teacher: “How many gender identities are there?” Read More

‘We’ve discovered vaccine side-effects Pfizer wasn’t aware of’

Written on . Posted in PT Middle East.

Arutz Shev: The coronavirus vaccine developed by Pfizer and BioNTech has apparently caused a number of side-effects not anticipated by the producers, a department manager at Sheba Medical Center in Tel HaShomer said Tuesday.

Pfizer Says COVID-19 Vaccine 90% Effective Against Virus | Time

Professor Galia Rahav, chief of the Infectious Disease Unit and Laboratories at the Sheba Medical Center, spoke with Kan Reshet Bet Tuesday about the newly-discovered side-effects some people have reported experiencing after receiving the Pfizer-BioNTech vaccine.

The new side-effects range from paraesthesia – a nerve condition causing a tingling sensation or ‘pins and needles’ – to facial nerve paralysis

When we noticed this and spoke with [the company], they started to get reports about this,” said Rahav.

“At the beginning, they said that it was just hysterical women, but it doesn’t seem that way, because we’re seeing this with men as well.”

Prof. Rahav emphasized that the side-effects are likely temporary, and that it is not yet certain that the vaccine caused the reactions. But, she added, since the vaccine is new “we need to examine it, to learn, and to observe.” Read More

Insanity Wrap #131: ‘CCP Joe’ Welcomes Communist Firms Back into U.S. Energy Grid

Written on . Posted in PT Global Economy.

PJ Media: Insanity Wrap needs to know: Is it good news that President Joe Biden turns out to be one of those honest politicians who stays bought?

Answer: Not when he’s a majority-owned subsidiary of the Chinese Communist Party, it isn’t.

Biden Rescinds Trump Order Banning Chinese Communist Involvement In US Power Grid

To Insanity Wrap, it seems like a no-brainer to prevent a Communist front corporation like Huawei from getting its electronic fingers all into our power grid.

Insanity Wrap Hates These Guys.

Speaking of no brains:

President Biden has revoked a Trump-era executive order that sought to keep foreign countries and companies out of America’s bulk power systems – principally entities associated with the Chinese Communist Party – as part of his “Executive Order on Protecting Public Health and the Environment and Restoring Science to Tackle the Climate Crisis.”

But wait, there’s more: “Biden’s son Hunter was previously involved in several business relationships with CEFC China Energy Chairman Ye Jianming. Read More

Biden Rolls Out Illegal-alien, Border Anarchy Plan

Written on . Posted in PT World Order.

TNA: Give President Joe Biden credit where it’s due.

He will keep his promises, one of which is creating illegal-alien anarchy and flooding the country with poverty-stricken Third World immigrants.

Since inauguration day, he has stopped deportations, sent a “pathway-to-citizenship” bill to Congress, and most frighteningly, ordered the release of some 14,000 detained illegals. He is determined to destroy whatever progress his predecessor made in stopping the demographic dispossession of the American people.

Biden Rolls Out Illegal-alien, Border Anarchy Plan

The Biden Rule is easy to understand. Anyone from Timbuktu to Tierra del Fuego is a citizen no matter how he entered the country.

Carlson Reveals Release Order

Fox talker Tucker Carlson revealed the most shocking and potentially dangerous of the three measures.

But the memo also added something that portends great danger for Americans: “Release them all, immediately. No sponsor available is not acceptable any longer.”

Read More