Bill’s Commentary:
“Seems to be a trend? Have companies finally figured out that when they go woke they go broke? And if this is true, why are the “polls” so tight, people boycott woke companies but not woke politicians?”
Ford joins list of companies walking back DEI policies
Ford Motor is the latest company to walk back some of its commitments to diversity, equity and inclusion initiatives.
The automaker has taken “a fresh look” at its DEI policies and practices over the past year to take in to account the evolving “external and legal environment related to political and social issues,” according to an internal communication that was shared with global Ford employees and posted Wednesday on X by an anti-DEI activist. Ford confirmed the letter was authentic and said it had no additional comment on the matter.
Ford’s move follows retailer Tractor Supply, which one of the first major companies to stop its DEI efforts, as it severed ties earlier this summer with the Human Rights Campaign, an LGBTQ+ advocacy group, and retired DEI targets like boosting the number of employees of color at the manager level. Harley-Davidson, whose board of directors includes Ford CEO Jim Farley, also decided last week to stop consulting the HRC’s metric for treatment of LGBTQ+ employees and affirmed that it does not have a DEI function.
Bill’s Commentary:
“Sound familiar?”
The latest from USA Watchdog –
The Last Days are Dangerous Days – Jonathan Cahn
Nine-time, best-selling author and renowned Bible expert Jonathan Cahn has written a new book called “The Dragon’s Prophecy.” Cahn, who is a Christian, says many signs foretold in the Bible have happened or are happening now. Cahn says, “It says in the Bible that the end times or ‘The Last Days’ will be evil and dangerous times. You look at the Book of Revelation, you can see it, and all nations are going to be involved. . . . How do you know we are in “The Last Days”? The Bible says you will know it when Israel comes back into the world. That’s number one. When Israel comes to Jerusalem–number two. That’s where Jesus is coming. Number three: The whole world will be focused on the Middle East. You’ve got it. The whole world will be against Israel. You are getting there. There will be a great apostasy. People will be falling away from the faith. Well, that’s happening. Men will be lovers of themselves. Men will be unnatural. You’ve got it all now. And they will be persecuting the people of God. We’re there! God says he will shorten those days. Meaning, He (Jesus) will come, and He will interrupt them.”
Bill’s Commentary:
“This is how the Treasury becomes “unfunded” and forces the Fed to outright monetize… please read this carefully, the smoke and mirrors are there for you to see.”
How the Most Important Trade on Earth Falls Apart
If there’s one takeaway over the last few years it’s that, as none other than Zoltan Pozsar said in late 2022, the Fed put – the casus belli for intervention – is certainly not “dead”, but has changed from an explicit support for risk assets to an implied support for the increasingly delicate balance in the supply and demand of Treasuries.
And although we might question whether Powell really killed the Greenspan put or just deferred the responsibility over to Yellen and the Treasury, one thing is for sure: when there is panic in funding markets – specifically in Treasuries – officials shoot first then ask questions later. It is and has been, after all, America’s golden goose that links together the banking system.
BillHolter.com 
Thank you pamelamoves@gmail.com
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