Raytheon’s CEO said on an earnings call that the company stood to ‘benefit’ from DoD budget increases due to the war in Israel

On an October 24 earnings call, RTX Corporation CEO Greg Hayes said that the defense contractor stood to “benefit” from a US Department of Defense’s budget increase which would fund the supply of weapons to Israel and the restocking of weapons in Ukraine.

Raytheon’s CEO said on an earnings call that the company stood to ‘benefit’ from DoD budget increases due to the war in Israel

Yellen secretly yells for China’s help

By Herman Tiu Laurel

The US and its President Biden has been looking sillier and sillier to America’s global audience the past months. Take the inane “Chinese spy balloon” hullabaloo the shadowy anti-China political-media network concocted in February, Pentagon just a few days ago, on June 30, now officially admits “did not collect intelligence while flying over the country.” Yet, that spy thriller concoction delayed Blinken’s “reconciliation” visit to China by five months, pushing through only on June 18.

Yellen secretly yells for China’s help

Related:

[2008] China’s Hu, Bush discuss financial crisis (archived)

The Era Of Cheap Oil Has Come To An End

In its latest monthly report, OPEC revealed it had yet again failed to produce as much oil as it agreed to produce the last time it discussed output. And it wasn’t by a few thousand barrels per day, either. The shortfall was some 1.8 million barrels daily, but more importantly, that sort of undershooting of its own target has become a regular thing for the cartel. Meanwhile, the United States federal government needs to buy some oil for its strategic petroleum reserve after releasing close to 200 million barrels from it this year as a way of countering fuel price inflation. Yet U.S. drillers are not in a rush to boost production. On the contrary, it seems production growth has lost its place among these companies’ top priorities.

The Era Of Cheap Oil Has Come To An End

Previously:

U.S. Begins SPR Repurchase Program As Oil Prices Crash

‘There’s no way that patients are going to be able to afford that.’ Why aren’t new drugs that can help you lose weight more widely used?

A pair of new drugs offer something many Americans desperately want: a way to lose weight.

‘There’s no way that patients are going to be able to afford that.’ Why aren’t new drugs that can help you lose weight more widely used?

“Ten years ago, policymakers would come out and say, ‘Fat people need to eat less and move more.’” – majority of people still feel this way, unfortunately. Most of them don’t know how hard it is to lose weight or if they have, they don’t understand that one weight loss plan may not work for another. Same way it is with medical treatments. One size fits all doesn’t fit all!

By endangering the petrodollar, Ukraine conflict brings multipolar world & U.S. revolution far closer

The U.S. empire’s social stability can no longer rely on buying off the workers within its own borders. When Che Guevara observed that international worker solidarity gets undermined by the proletarians in the core imperialist countries receiving special benefits compared to the proletarians in the exploited countries, he was right. But with the contraction of capital, and the consequential introduction of neoliberalism to keep capital afloat, this has changed. Every year, the masses within the United States face conditions that are more like the ones in the Global South. The global wealth gap is still the primary wealth gap in a macro sense, but this widening of the U.S. empire’s internal inequality represents a contradiction which can bring about the empire’s defeat from within. And therefore a major step towards eliminating the global gap.

By endangering the petrodollar, Ukraine conflict brings multipolar world & U.S. revolution far closer

Wall Street’s Diabolical Plan to Financialize All Nature

This is unacceptable. And is already being pushed. Promoted. Like a ‘vaccine’ that causes harm rather then helping. Like a bitter pill hidden in a pile of sugar.

The Globe and Mail had an article in it’s print edition pushing this very agenda – Is it time to make ‘natural capital’ an asset class?

As I’ve always said the “green” movement is all about money. Profit. Plunder. Exploitation. Profiteering. Monopolization of everything. Denial of your human right to use what nature has given you to use. Since you and I are part of nature we shall be further exploited for profit. You know ‘pandemics and ‘vaccines’ as one form of crony capitalist, technocratic abuse.

Wall Street’s Diabolical Plan to Financialize All Nature

Related:

Wall Street’s Takeover of Nature Advances with Launch of New Asset Class

Water wars loom amid climate collapse & plans for unprecedented imperialist destruction

Fed Chair Powell Misleads House Hearing on Wall Street’s Bailout Programs

Fed Chair Powell Misleads House Hearing on Wall Street’s Bailout Programs

It’s factually incorrect for the Fed Chairman to say that it can only make emergency loans with the approval of the Treasury. Months before there was any case of COVID-19 anywhere in the world the Fed was making hundreds of billions of dollars a week in emergency repo loans to Wall Street trading houses. The emergency loans started on September 17, 2019 – four months before the first reported case of COVID-19 in the United States. By January 27, 2020 the Fed’s ongoing cumulative loans to bail out Wall Street’s hubris tallied up to an astounding $6.6 trillion. (See Fed Repos Have Plowed $6.6 Trillion to Wall Street in Four Months; That’s 34% of Its Feeding Tube During Epic Financial Crash.)