Billionaire Jeff Bezos tells families
to not buy new cars and TVs as the US
economy faces recession - while Amazon
gears up to 'fire 10,000 staff this week'
amid crashing sales
Posted By: Imright, 11/16/2022 10:39:22 AM
Billionaire Jeff Bezos said people can prepare for recession by holding off on buying big-ticket items like TVs and cars as he predicts the US economy may be in contraction by 2023. Americans can 'take risk off the table' by keeping their cash for a rainy day, said the Amazon founder as he outlined his top tips for surviving a recession. Speaking to CNN Business, the entrepreneur said people should hold off on big purchases and keep some 'dry powder' for the future.
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Americans could be facing the highest gas prices ever for the Thanksgiving holiday travel season, as millions prepare to hit the road amid still sky high prices and inflation.
The national average price for a gallon of gas is projected to hit $3.68 next Thursday, November 24 as Americans prepare for the feast.
That number is 30 cents higher than the same time in 2021 and over 20 cents higher than the previous record of $3.44 per gallon in 2012.
However, it doesn't appear to be stopping holiday travel, with some people making Thanksgiving 2022 the first time they've visited relatives since the COVID-19 pandemic began in 2020.
House Minority Leader Kevin McCarthy (R-Calif.) told reporters Thursday that he skipped House Speaker Nancy Pelosi’s (D-Calif.) leadership retirement speech because he “had meetings.”
McCarthy, who is in line to replace Pelosi as House speaker, wasn’t the only Republican to miss the address. The Republican side of the lower chamber was largely empty during her farewell, according to reports.
“I had meetings, but normally, the others would do it during votes — I wish she could have done that, I could have been there,”
Apple TV has changed its mind about adapting fake-journalist Maggie Haberman’s Trump biography into a failed series.
The left-wing Haberman, who is so dishonest she won a Pultizer for spreading the Russia Collusion Hoax, published her Trump biography, Confidence Man, earlier this year. Apple TV optioned the book for a series and has now changed its mind.
Daily Mail reported:
Apple TV was planning to turn Confidence Man, the explosive Trump biography by New York Times reporter Maggie Haberman into a series but has quietly canceled the production.
According to sources cited by The Ankler on Wednesday, Apple optioned Haberman’s book –
On Thursday, FBI Director Christopher Wray, along with Secretary of DHS Alejandro Mayorkas, and Director of the National Counterterrorism Center Christine Abizaid, spoke before the Senate Committee on Homeland Security and Governmental Affairs about security threats facing the United States.
During the hearing, Senator Josh Hawley (R-MO) roasted FBI Director Chris Wray for leaving a statutorily-required committee hearing early so he could go on a vacation.
Speaker Nancy Pelosi (D-CA) announced Thursday that she would retire from House leadership. She has earned a spot in history for breaking barriers, succeeding in what was formerly a man’s world, and advancing a left-wing agenda more effectively than nearly any individual in American politics.
But the Breitbart Business Digest believes Pelosi’s career ought to be defined in a different way: She is the most infamous—and one of the most successful—stock traders of all time. Her personal wealth has soared to nine figures and beyond since the financial collapse of 2008. This is largely attributed to stock trades made by her husband, Paul;
House Republicans announced on Thursday that they will investigate serial liar and crook Joe Biden.
Rep. James Comer (R-KY) announced the investigation this morning.
Rep. James Comer: “We’re releasing a report today that details what we’ve uncovered. We’re also sending letters to Biden Administration officials and Biden family associates renewing our request for voluntary production of documents relevant to this investigation. This is an investigation of Joe Biden. And why he lied to the American people
President Joe Biden’s top economic advisor, Brian Deese, is anticipated to depart from the administration by next summer after Biden expressed frustration with Deese’s failure to predict the long-term impact of inflation, Bloomberg reported Thursday, citing anonymous sources.
Deese, director of the National Economic Council, is anticipated to leave at around the same time as Cecilia Rouse, the first African-American chair of the Council of Economic Advisers, who is expected to conclude her two-year public service leave from Princeton University in early 2023, according to Bloomberg.
Now what, Mitch?
11 replies
On track to be the longest-serving leader in Senate history, newly reelected Senate Minority Leader Mitch McConnell now faces the daunting task of deciding what’s next on the agenda.
Speaking on Fox News’s “The Ingraham Angle” late Wednesday, eponymous host Laura Ingraham offered a few tips on which direction he should tread.
“Republicans want results and they also want inspiring leadership — a blueprint for the future that is clearly articulated and reflective of the views of a majority of Republican voters. And we’re also looking for fighters who fight as hard as the left, always united against the opposition’s agenda,” she said.
With that said, she continued,
The impending bloodbath at far-left CNN is destroying the fake news outlet’s morale, a 20-year staffer said.
This revelation occurred during a recent company meeting where CNN chief Chris Licht confirmed that layoffs are coming in early December.
“There is widespread concern over the global economic outlook, and we must factor that risk into our long-term planning,” Licht reportedly said. “All this together will mean a noticeable change to this organization. That, by definition, is unsettling. These changes will not be easy because they will affect people, budgets, and projects.
California is projected to have a deficit after holding onto a budget surplus for the past several years.
The state is expected to have a $25 billion deficit in the next fiscal year, according to the state legislature’s nonpartisan fiscal experts.
The Legislative Analyst’s Office released its report on Wednesday, emphasizing the upcoming $25 billion deficit, which they say is mostly due to “lower revenue estimates.”
The state’s last budget was $308 billion with a $97 billion surplus, and the year prior to that, the budget was $263 billion with a $76 billion surplus.
Nancy Pelosi, who announced she would not continue as the Democratic Party’s leader in the House of Representatives, has been a great legislator. You’d have to be to last for 19 years at the top of the Democratic legislative greasy pole.
That doesn’t mean she has been a great font of ideas, a great visionary, or a great leader of the American people. She has been none of those things.
Her own contributions to this country on matters of policy, rather than shepherding or opposing bills in the House, have been negligible. She was impotent when it came to dealing with an anti-Semitic outbreak in her caucus in 2019, for example.
Soros, Clinton-Tied Groups Claim Musk’s
Twitter Ownership ‘A Direct Threat to
Public Safety’ 20 replies
Twitter Ownership ‘A Direct Threat to
Public Safety’ 20 replies
Two groups linked to failed presidential candidate Hillary Clinton and liberal billionaire George Soros are behind a massive pressure campaign aimed at sinking Twitter and destroying its advertising revenue after Elon Musk took control of the platform.
Hillary Clinton (left) and George Soros (right) Leftist groups like Accountable Tech — a group tied closely to a Clinton nonprofit Onward Together — and UltraViolet, connected to Soros, fired off an undated letter to advertisers on Twitter, telling them that the platform is a danger to the world with Musk at the helm. “Elon Musk’s takeover of Twitter will further toxify
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House Speaker Nancy Pelosi announced Thursday she will step down from her leadership role after two decades in the post.
“I will not seek re-election to Democratic leadership in the next Congress,” Pelosi said. The first female speaker added that she will continue to represent the people in San Francisco in the House.
The California lawmaker will relinquish her position as head of the Democratic caucus, which she’s held for 19 years, to make way for a “new generation to lead.”
With her leadership still in high demand in her party, Pelosi will likely help manage her successor’s transition
With Republicans set to take over the House of Representatives and Democrats slated for leadership elections at the end of the month, outgoing Speaker of the House Nancy Pelosi's will tell people her plans on Thursday.
Pelosi, 82, announced through a spokesperson that she'll 'address her future plans' later today with speculation already having begun as to whether she'll remain the leader of the Democrats.
Rumors have suggested that Pelosi would step down from Congress entirely, potentially leaving her extremely left-leaning district in San Francisco to her daughter Christine.
Newly revealed body-cam footage reportedly contradicts the Department of Justice’s account of the sequence of events that led up to the attack on Paul Pelosi, the husband of outgoing Speaker of the House Nancy Pelosi, confirming that Pelosi opened the door for the police officers who responded to the 911 call he placed from his residence.
While the DOJ claimed in an indictment filed on November 9 that the officers opened the door themselves, body-cam footage viewed by the San Francisco district attorney’s office confirms that it was Pelosi who let them into the home, a source who personally viewed the footage told the NBC Bay Area Investigative Unit.
There is nothing funnier than watching leftist Punchinellos beclown themselves over the latest “We’ve got Trump NOW!” hijinks.
Remember when the FBI raided Trump’s home supposedly looking for “nuclear secrets” a few months back? Guess how that turned out? I’ll let the quislings at the Washinton Post spell it out:
Federal agents and prosecutors have come to believe former president Donald Trump’s motive for allegedly taking and keeping classified documents was largely his ego and a desire to hold on to the materials as trophies or mementos, according to people familiar with the matter.
In other words, Trump was keeping souvenirs
The impending bloodbath at far-left CNN is destroying the fake news outlet’s morale, a 20-year staffer said.
This revelation occurred during a recent company meeting where CNN chief Chris Licht confirmed that layoffs are coming in early December.
“There is widespread concern over the global economic outlook, and we must factor that risk into our long-term planning,” Licht reportedly said. “All this together will mean a noticeable change to this organization. That, by definition, is unsettling. These changes will not be easy because they will affect people, budgets, and projects.
‘No one left to fix things’: Twitter
employees leave in droves after Musk’s
‘hardcore’ ultimatum 23 replies
employees leave in droves after Musk’s
‘hardcore’ ultimatum 23 replies
Hundreds of Twitter employees apparently quit Thursday after new CEO Elon Musk gave workers an ultimatum: commit to a “hardcore” work environment, or be fired.
The reported exodus threw Twitter into more turmoil and came as staffers at the social media giant were given a 5 p.m. Thursday deadline to sign onto Musk’s workplace pledge.
The resignations were gleaned from internal Twitter communications, including a poll where 42% of 180 workers surveyed Thursday said they were “Taking the exit option, I’m free,” Reuters reported.
President Joe Biden praised House Speaker Nancy Pelosi on Thursday after she announced her decision to exit Democrat leadership.
“When I think of Nancy Pelosi, I think of dignity,” he wrote in a more than 500-word statement released by the White House. “History will note she is the most consequential Speaker of the House of Representatives in our history.”
Pelosi announced her decision to step down from a leadership role while continuing to serve in Congress.
On Tuesday, after a week of counting ballots in an obviously fraudulent election where Republican voters were blocked from voting when they went to the polls, Blake Masters conceded his race to far left Democrat Mark Kelly in Arizona.
Arizona was a dependable red state until Democrats and secret sleeper Republicans turned the state over to mail-in voting, ballot harvesting, and broken and fraudulent voting machines, and election tricks by the communist left.
Chairman Xi Jinping Deploys Rarely Seen
Linguistic Weapon at G20 That Shrinks
Justin from Canada 21 replies
Linguistic Weapon at G20 That Shrinks
Justin from Canada 21 replies
If you have not watched this video, you really should. Justin from Canada leaked the content of a private bilateral conversation with Chinese Chairman Xi Jinping to the media. Chairman Xi was not happy with the breach of diplomatic protocol.
What makes this video remarkable is the purposeful decision by Chairman Xi to confront Justin from Canada in front of a western audience. Xi never speaks directly in public and is always aware of cameras. The Chinese Chairman almost always goes through spokespeople to relay his public communication, reserving his voice for controlled and disciplined conversation with national leaders. However, not this time.
Chairman Xi dresses down
Skyrocketing demand for domestically sourced lithium to meet federal goals for zero-emission technologies has developers planning for the next great mining boon in the Silver State, but a rare wildflower may stymie one proposed project. The site of a proposed lithium mine in western Nevada's Silver Peak Range also happens to be the only known place on Earth where a rare wildflower grows in the wild. Environmentalists say the plant is on the verge of extinction, and it's being considered by the Fish and Wildlife Service for protection under the Endangered Species Act. Tiehm’s buckwheat faces multiple threats to its
Chris Wray, the Director of the Federal Bureau of Investigation, appeared before the House of Representatives on Tuesday, and once again was grilled about the FBI’s knowledge of and participation in the events of January 6.
Rep. Clay Higgins (R-LA) pressed Wray about FBI informants amid the far-right extremists that had planned the Capitol siege in advance of the Electoral College proceedings that day.
Watch as Higgins unloads on Wray for once again refusing to give a straight response to a question that the American people have every right to have answered.
Soros, Clinton-Tied Groups Claim Musk’s
Twitter Ownership ‘A Direct Threat to
Public Safety’ 20 replies
Twitter Ownership ‘A Direct Threat to
Public Safety’ 20 replies
Two groups linked to failed presidential candidate Hillary Clinton and liberal billionaire George Soros are behind a massive pressure campaign aimed at sinking Twitter and destroying its advertising revenue after Elon Musk took control of the platform.
Hillary Clinton (left) and George Soros (right) Leftist groups like Accountable Tech — a group tied closely to a Clinton nonprofit Onward Together — and UltraViolet, connected to Soros, fired off an undated letter to advertisers on Twitter, telling them that the platform is a danger to the world with Musk at the helm. “Elon Musk’s takeover of Twitter will further toxify