JPMorgan Chase, Bank of America, Citigroup and Wells Fargo Consolidate Power Over Banking Industry Amid Record Profit Share: Report – The Daily Hodl
America's biggest banks are poised to capture the largest share of banking industry profits in nearly a decade after explosive profit growth. According to the Financial Times, the four largest U.S. banks – JPMorgan Chase, Bank of America, Citigroup and Wells Fargo – posted a combined profit of $88 billion in the first nine months […]
Sanders pens Fox News op-ed slamming political power of billionaires: ‘That is not democracy’
Sen. Bernie Sanders (D-Vermont) published an op-ed on Fox News denouncing the growing political power and concentration of wealth of America's billionaires and arguing that the country is in decline. “The road to oligarchy.” Sanders, who won a fourth term in the Senate in November, wrote that the country is bifurcating into two opposing directions: […]
Restore self-government by handing debt power to states
Donald Trump shocked Congress last week by calling for the debt ceiling to be lifted, or at least suspended for the remainder of his presidency. This is a position that Democrats typically support. Thankfully, this plan has been shelved for now, but there may be a way for conservatives to turn this political lemon into […]
‘Terrorism Cannot be Ruled Out’ Another Power Cable Cut in North Europe
Police are investigating after a major power interconnector unexpectedly went out on Christmas Day, with authorities saying they have not ruled out sabotage. Speculation is rife about two cargo ships that passed through the Estlink-2 power interconnection line just before it was shut down over the Christmas lunchtime period. The undersea power cable connecting Russia […]
Congress has the power to block Trump from taking office, but lawmakers must act now
constitution provide An insurrectionist who breaks his oath is not qualified to be president. This is the plain language of Section 3 of the Fourteenth Amendment. “No person shall hold any office under the United States or any State, whether civil or military, having previously sworn an oath to support the Constitution of the United […]
Ron DeSantis: This is a corrupt abuse of power
Florida Gov. Ron DeSantis says President Biden ‘corruptly abused’ the pardon power on ‘The Ingraham Angle.’ #foxnews #fox … source
Trump and Biden offer Christmas greetings as US approaches transfer of power
As the presidential transition nears, President-elect Trump and President Biden are both celebrating Christmas vacation, with Biden acknowledging that this will be the last time he wishes the nation a Merry Christmas as president. President Trump, who will be inaugurated on January 20th, shouted in a post on Truth Social, “Merry Christmas, everyone!” In another […]
Finland-Estonia power cable hit in latest Baltic Sea incident | Finland
An undersea power cable connecting Finland and Estonia failed on Wednesday, Finland's prime minister said, calling it the latest in a series of accidents involving cables and energy pipelines in the Baltic Sea. Arto Parkin, head of operations at the Finnish power grid, told public broadcaster Ale that sabotage could not be ruled out. Finnish […]
Tens of Thousands Left Without Power Amid Snowstorm in the Balkans
SARAJEVO, Bosnia and Herzegovina (AP) – Tens of thousands of homes in Bosnia were left without power Tuesday due to heavy snow and strong winds that also disrupted traffic in neighboring Croatia and Serbia. In Slovenia, the search for an injured Hungarian hiker missing in the Alps north of the capital Ljubljana has been suspended […]
Musk’s Power Is Dangerous, ‘Born Into a Different Kind of Governing System Called Apartheid’
On Monday's MSNBC broadcast of “Too Soon,” Rep. Bonnie Watson Coleman (D-N.J.) said that Elon Musk doesn't understand how the American government works and that “a different kind of governance called South African apartheid” “I was born into the system.” “And it's very dangerous to have this unelected person who has never been involved in […]