from Press For Truth:
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by Tim Pearce, Daily Wire:
The Biden administration is hampering private groups attempting to evacuate people from Afghanistan, according to people organizing charter flights out of the country.
Former GOP Virginia Rep. Scott Taylor and Washington lobbyist Robert Stryk are working together to airlift Americans and others out of Afghanistan through charter flights. Both accuse the Biden administration of failing those stranded in Afghanistan by refusing to escort people through Taliban checkpoints and into Kabul’s Hamid Karzai International Airport, according to The Daily Caller News Foundation.
by Mish Shedlock, The Street:
Biden moans to the FTC about mounting evidence of anti-consumer behavior by oil-and-gas companies.
When All Else Fails, Moan About Oil Companies
White House Chief of Staff, Ronald Klain, posted this Tweet.
by Jim Rickards, Daily Reckoning:
Thirteen Republican congressmen crossed the aisle late Friday night to help pass a $1.2 trillion infrastructure bill. The original proposal was $2.3 trillion, so some Republicans consider it a victory.
But it creates programs that will likely remain in place once the bill’s spending authorization expires in five years. Like Ronald Reagan said, “Nothing lasts longer than a temporary government program.”
And at 2,700 pages, you can be sure there’s plenty of wasteful pork in it. Only about one-third of that money goes toward actual infrastructure such as bridges, tunnels, roads and airports.
by Wolf Richter, Wolf Street:
Millions of people didn’t spend on two big services: rent and interest. How spending got skewed in bizarre ways.
Before taking inflation into account, personal income from all sources – from wages, interest, dividends, rental income, transfer payments such as unemployment compensation, stimulus checks, and Social Security benefits, etc. – rose by 0.2% in August from July.
But after taking inflation into account, it’s uglier: Inflation-adjusted – or “real” – personal income fell by 0.2% in August from July, to an annual rate of $17.8 trillion (in 2012 dollars), according to the Bureau of Economic Analysis on Friday.
by Peter Schiff, Schiff Gold:
The Chinese gold market continues to show signs of recovery after it was hit hard by the coronavirus pandemic.
Chinese gold demand rebounded sharply in the first half of 2021 after plummeting in 2020, and imports remained strong in July, above 2019 levels, according to the latest data from the World Gold Council.
China ranks as the world’s largest gold consumer.