May 4, 2026

Economy

Amazon Wants More NFL in Quest to be Everything Corp

The era of Conglomo continues full pace, where Empires of international mega corps get in the business of everything.  Amazon, which flies now, that is, to space, is now also looking to expand its hold on the NFL by becoming the lead minority state in the NFL’s media properties, which coincides with a bid to get more games on Amazon Prime.

What that last ten years has taught us, if anything, it’s that putting the means of cultural and social production in the hands of the few, especially a particualr few that don’t fundamentally share our American values, is a fantastic idea, so we’re sure this whole Corporate Everything  way of creating social and cultural value is going to work out just fine, like it has so far.

Amazon Takes Lead In Talks for NFL Media Stake

From frontofficesports.com
2021-11-23 00:41:25

Excerpt:

Amazon has emerged as the frontrunner to buy a minority stake in the NFL’s media properties, sources tell Front Office Sports.

The tech giant is in talks with the country’s richest sports league about acquiring up to a 49% stake in NFL Network, RedZone and NFL.com, said sources.

But the Amazon deal isn’t done and there are multiple media, private equity and tech bidders seeking a piece of the NFL media empire, said sources. A last-minute snag could push a final agreement back by several months, warned another source.

The $10 billion league hired Goldman Sachs Group in June to sort out potential partners.

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Biden Blames Big Oil for Gas Spikes

When authoritarian-run economies inevitably fail, the leaders of those economies inevitably blame three ‘enemies,’ the companies, saboteurs, and foreign enemies.  The Biden administration set in motion a series of unfortunate events that have caused Americans’ gas prices to spike, doubling in price in some regions since Biden became our first ever Mass Mailer President.

In response, the Biden administration is choosing option one in blaming others for your own authoritarian failues, he’s blaming the oil companies, accusing them of intentionally spiking gas prices.  He’s even written a letter to the FTC asking them to investigate these oil companies over price control charges.  The problem is, the FTC just completed that investigation and found no proof to back up the desperat blame deflection claims of this mass mailer regime.

White House Accuses Oil Companies of Price Fixing Amid Soaring Gas Prices

From freebeacon.com
2021-11-17 19:30:59
Joseph Simonson
Excerpt:

President Joe Biden is accusing oil companies of price fixing as Americans across the country struggle with soaring gas prices.

In a Wednesday letter to the Federal Trade Commission, Biden directed the agency to investigate “mounting evidence of anti-consumer behavior by oil and gas companies.” Even though the FTC several months ago increased regulatory oversight of the oil and gas sector—which has yet to result in any lawsuits—Biden is demanding further investigations into whether “illegal conduct is costing families at the pump.”

“The two largest oil companies in the United States, as measured by market capitalization, are on track to nearly double their net income over 2019—the last full year before the pandemic,” Biden’s letter reads. “They have announced plans to engage in billions of dollars of stock buybacks and dividends this year or next.”

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It looks like the Biden administration is prepared to reduce the Trump tariffs on European aluminum and steel products after a settlement was reached between the Biden administration and the current EU administration.

U.S. and EU have reached a settlement regarding Section 232 tariffs on steel and aluminum products | Hogan Lovells

From www.jdsupra.com
2021-11-08 18:03:46

Excerpt:

The U.S. and the EU have announced a settlement regarding the U.S. Section 232 duties on European steel and aluminum products.  As part of that settlement, the U.S. Department of Commerce (Commerce) announced that the 25 percent tariff on imports of steel and 10 percent tariff on imports of aluminum products from the EU will be replaced with a tariff-rate quota (TRQ) system.  In return, the EU will suspend the 25 percent retaliatory tariffs on certain U.S. goods (e.g., bourbon, motorcycles and recreational boats, among other products) in response to the initial Section 232 measures.  Both parties will also suspend the disputes they initiated before the World Trade Organization in relation to these measures. The U.S. and EU have also agreed to launch a global arrangement focused on addressing excess capacity and carbon objectives.  The U.S. TRQ will become effective on January 1, 2022, and the EU’s retaliatory tariffs will be removed on the same day.

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France Moves to Ban British Ships from Key Fishing Port

The heat between Brtitain and France over fishing rights in British waters is only getting hotter, with France now threatening UK ships with banishment from a key French port that British fishing currently goes through.

Brexit news: French brand UK ‘petty’ and say British ships will be BANNED from key port | World | News

From feedproxy.google.com
2021-11-07 20:26:00

Excerpt:

Jean-Marc Puissesseau is chairman and CEO of the Boulogne-Calais port said that, if negotiations between France and the UK fail, “ships will be banned from disembarking in the port of Boulogne”. This would be a major blow for them, as around 40,000 tonnes of fish from UK ships pass through it annually.

On top of this, existing checks on the produce – which are free under an agreement signed in 2003 – would end, Mr Puissesseau warned.

So even if the port continued allowing British ships to offload their cargo, they would be hit by extra costs and delays, he claimed.

Speaking to French publication Europe 1, he said in the agreements signed for Brexit, “it was expected that licenses would be granted to fishing masters who had to prove that in 2016, they are fishing in British waters”.

The Europe 1 report states: “Two types of boats cannot prove that they were at sea at that time.

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The US Acknowledges Reason for Opening Market to China Was Failure

The United States just acknowledged that the reason American markets were opened to China, the reason we would share our technology with China was a failure, yet no change to continuing to keeping our markets open to China, and our technology still regularly being shared with China.

That reason was this, that American capitalism would transform China from an authoritarian government to a democratic one.  The United States just admitted not only that this didn’t happen, but that it never will, AND the United States doesn’t even want to change China anymore.  We just want to make money in peace so we can fund our private projects at home without being held accountable to the American markets we can now wholly monopolize and control.

The US must prove it no longer seeks to change China’s system: Global Times editorial

From www.globaltimes.cn
2021-11-08 14:03:00

Excerpt:

US National Security Advisor Jake Sullivan said in an interview with CNN broadcast on Sunday that one of the US’ errors of previous approaches to policy toward China was a belief that through US policy, the Chinese system will fundamentally transform. Yet this is not the object of the Biden administration. Sullivan mentioned that “The goal of America’s China policy is to create a circumstance in which two major powers are going to have to operate in an international system for the foreseeable future.” He added that the environment should be “more favorable to the interests and values of the US and its allies and partners.”

As national security advisor, Sullivan said the US government is no longer trying to transform China’s system. This can be regarded as a step in a positive direction for Washington. At the same time, we need to see the Democratic administration focuses on ideology a lot. Sullivan made such a statement not because the US has lost the will to “transform China,” but because the US has reluctantly accepted a reality: To transform China is something that the US cannot achieve.

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Tom Wolf Wants PA to Join Multi-State Cap and Trade Scheme

Tom Wolf might be dipping into some illegal action with his recent decision to have the State of Pessnylvania join the Regional Green Gas initiative.  In essense, it’s a multi-state cap and trade scheme that seeks to work around legislatures where they might not be so amendable to such schemes.

Pennsylvania Gov. Tom Wolf (D) is on the precipice of deciding whether Pennsylvania should join the Regional Green Gas Initiative (RGGI), a multistate “cap and trade” agreement that sets limits on CO2 emissions. Joining the RGGI could result in the closure of power plants, job losses, and a loss of energy independence for the United States. Yet the governor doesn’t appear to care. Nor does he appear to care that the study used to justify joining RGGI is deeply flawed or that he may lack the legal authority to make the decision to join.

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Auto Draft

Green Energy Reality: Coal Plants Are Coming Back Online As Enegy Prices Soar 95%

From www.science20.com
2021-10-14 18:49:50
Hank Campbell
Excerpt:

 

Like organic food, alternative energy such as solar and wind are fine placebos for wealthy people – as long as things are good. When there is a shortage, we find out how poorly such alternatives work, the same way that during the early stages of the pandemic the cleaning supply aisles in stores had plenty of green alternatives while the public bought up all the Clorox, Purell, and Lysol.In energy, California asked to be allowed to ignore legal limits on emissions it wanted in place so that natural gas plants can run without worry about pollution and England is firing up its coal plants again. The reason is simple demand. Germany asked the Biden administration to end Trump blocks on a Russian pipeline because their own green energy isn’t even close to enough since they shut down their nuclear plants. Emissions concerns go by the wayside when people are about to freeze in a German winter.

Russia is using its European green activism to gain geopolitical control over the continent…

 

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Take This Job and Shove It Skyrockets in August

Americans quit their jobs at a record pace in August

From abcnews.go.com
2021-10-12 16:22:03

Excerpt:

 

WASHINGTON — One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.

The Labor Department said that quits jumped to 4.3 million in August, the highest on records dating back to December 2000, and up from 4 million in July. That’s equivalent to nearly 3% of the workforce. Hiring also slowed in August, the report showed, and the number of jobs available fell to 10.4 million, from a record high of 11.1 million the previous month.

The data helps fill in a puzzle that is looming over the job market: Hiring slowed sharply in August and September, even as the number of posted jobs was near record levels. In the past year, open jobs have increased 62%. Yet overall hiring, as measured by Tuesday’s report, has actually declined slightly during that time.

The jump in quits strongly suggests that fear of the delta variant is partly responsible for the shortfall in workers. In addition to driving…

 

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IMF warns on inflation, says the Fed and others should be prepared to tighten policy

From www.cnbc.com
2021-10-12 16:16:30

Excerpt:

Central banks such as the Federal Reserve should be prepared to tighten policy in case inflation gets out of control, the International Monetary Fund warned in a report Tuesday.

While the IMF said it largely concurs with assessments from the Fed and many economists that the current global spate of price increases eventually will ease, it noted there is “high uncertainty” around those forecasts.

The cautionary tone mentioned the U.S., as well as the U.K. and other developed economies, as places where “inflation risks are skewed to the upside.”

“While monetary policy can generally look through transitory increases in inflation, central banks should be prepared to act quickly if the risks of rising inflation expectations become more material in this uncharted recovery,” Gita Gopinath, the IMF’s economic counselor and director of research, said in an executive summary accompanying…

 

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Sharp surge in energy prices threatens economic recovery and is already slowing growth

From www.cnbc.com
2021-10-12 16:18:31

Excerpt:

 

 

Woman pumps gas outside of Wawa storefront

Saul loeb

Energy prices are surging, and the economy is already feeling the pinch of higher fuel costs though it is far from stalling out.

There is an unusual coincidence of much higher oil, natural gas and coal prices, combined with other rising commodities and supply chain disruptions. That perfect storm of shortages and higher prices begs the question of whether the economy could go into a serious tailspin or even a recession.

Economists say, for now, the jump in prices is not the type of oil shock that will turn U.S. growth negative, but there will be economic consequences of higher energy costs, particularly in places like Europe where natural gas prices have skyrocketed.

“Periods of trending oil prices tend not to be a problem,” JPMorgan chief economist Bruce Kasman said. “The periods of spiking oil prices tend to be what gets you into trouble. They tend to be largely supply driven, and they tend to have disruptive elements that are more…

 

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Yellen’s IRS Bank Spy Scheme Loses 3 Stat

Janet Yellen’s proposal to empower the IRS to monitor all bank transactions over $600 is meeting from immediate pushback from the atates before a final proposed bill has already been inked.  Yellen claims the plan is needed to find hundreds of billions of tax revenue that are being held by tax cheats.  3 states have made statements that they will not allow such legislation to be enforced in their lands.

Janet Yellen Defends Tax Compliance Agenda — 3 State Treasurers Promise Not to Comply – Taxes Bitcoin News

From news.bitcoin.com
2021-10-06 20:00:11
Jamie Redman
Excerpt:

The 78th United States secretary of the treasury, Janet Yellen, is very concerned about tax evasion, according to statements she made during an interview with CNBC’s “Squawk Box” that aired on October 5. Yellen claims there’s an “enormous tax gap” and she insists financial information concerning where income derives from can get “hidden.”

The U.S. secretary of the treasury wants lawmakers to push Biden’s “American Families Plan Tax Compliance Agenda” in order to solve the issue. The proposed legislation, if passed, would require banks to report all inflows and outflows of at least $600 to the IRS.

In mid-September, Bitcoin.com News reported on Janet Yellen and IRS commissioner Charles Rettig asking lawmakers to pass the “American Families Plan Tax Compliance Agenda.” The proposed legislation aims to get all financial institutions to report deposits and withdrawals of $600 or more to the…

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