The capitalist class, in the despair of its approaching doom, misrepresents socialism as an arbitrary scheme of society, whose adoption would destroy individuality!
Sailing Under False Colors
Tag: Stocks
Ansar Allah triumphant: US facing Red Sea defeat again
Judge Who Overturned Huge Boeing Verdict Admits He Was Trading Boeing Stock at the Time
A judge who tossed out a huge settlement against Boeing admitted he had traded and sold Boeing stock while in charge of the case, according to Business Insider.
Judge Who Overturned Huge Boeing Verdict Admits He Was Trading Boeing Stock at the Time
Intel shares fall 20% on plans to cut 15,000 jobs
Intel on Thursday revealed drastic plans to slash its employee headcount and capital spending in an attempt to put its business back on a stable financial footing, as it suffered the latest setback in its slow-moving turnaround plans.
Related:
US CHIPS Act Funding for Intel
On March 20, 2024, the U.S. Department of Commerce and Intel Corporation announced a preliminary memorandum of terms under which Intel will receive approximately $8.5 billion in direct funding under the CHIPS and Science Act. Funding will help advance Intel’s critical semiconductor manufacturing and research and development projects at sites in Arizona, New Mexico, Ohio and Oregon – U.S. locations where the company produces some of the world’s most advanced chips and semiconductor packaging technologies.
Meanwhile, in China:
China’s ‘basic self-sufficiency’ in chip-making tools could come this summer, veteran says
New era of inequality: Billionaires pay less in taxes than the working class
Economist Gabriel Zucman’s analysis reveals that for the first time, U.S. billionaires have a lower effective tax rate than working-class Americans, sparking a renewed debate on wealth tax.
New era of inequality: Billionaires pay less in taxes than the working class
Defense Contractors Are Bilking the American People
America’s national priorities are badly misplaced. Our country spends, with almost no debate, nearly $1 trillion a year on the military while at the same time ignoring massive problems at home.
Defense Contractors Are Bilking the American People
Reports Expose US Billionaires and Corporate Profiteers Enabling Israel’s War on Gaza
“As the Biden administration attempts to deny the death toll of Israel’s campaign of mass murder in Gaza and sell genocide as a stimulus for the U.S. economy, these are the death merchants profiting from the war machine.”
Reports Expose US Billionaires and Corporate Profiteers Enabling Israel’s War on Gaza
H/T: Unorthodox Truth
Congress buys up war stocks ahead of Hamas attack on Israel
As tensions escalate between Israel and the Hamas group, it has been revealed US congressional leaders have been making some strategic investment moves into military-related stocks.
Congress buys up war stocks ahead of Hamas attack on Israel (archived)
Hype on iPhone ‘ban’ shows US has a guilty conscience
The biggest destroyer of the global economic and trade order is being paranoid. This is perhaps the most incisive and vivid explanation of why the US government and media outlets have seen a rumored ban on iPhones as China’s retaliation against the US.
Hype on iPhone ‘ban’ shows US has a guilty conscience
Related:
US spokesman behind on the news pours gas on seemingly settled China iPhone ban
In what appears to be a statement generated before news of the Chinese government refuting ban rumors, the White House chimed in on the matter, as reported by Bloomberg. The National Security Council shared that it is watching the issue with concern.
MoA: Much Ado About Nothing
A bunch of current headlines are scary:
Much Ado About Nothing
Ms. Cat’s Chronicles 
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