Bill’s Commentary:

“If this happened 10-30 years ago, it would be the only news you heard for several days. Now? It is not even news …”

D.C. Police Captain Shot 5 Blocks From His Station

A Washington, D.C., Metropolitan Police Department captain who oversees the 4th District Station in the nation’s capital was shot in the head while commuting to work on Monday afternoon. The incident occurred as part of an apparent carjacking attempt around 12:10 PM in the area of 7th Street and Oneida Place Northwest, just five blocks from the police station.

Read more here…

Bill’s Commentary:

“So, the guy hates trannies and likes beer, what’s the problem?”

Supreme Court Justice Alito sold Bud Light stock, then bought Coors during boycott

Supreme Court Justice Samuel Alito sold shares of beer giant Anheuser-Busch InBev as conservatives were ditching the Bud Light brewer over its partnership with a transgender social media influencer.

On the same day that Alito sold Anheuser-Busch, he then bought the same amount of stock in Molson Coors, a company with a history of facing political boycotts of its own, the filing shows.

The transactions have bred fresh accusations that Alito, one of the high court’s six conservatives, is engaging in or aligning with partisan politics, despite a recently adopted code of conduct that directs the justices to “refrain from political activity.”

Read more here…

Bill’s Commentary:

”As Warren Buffet says, when the tide goes out, we will find out who is swimming naked!”

Sternlicht’s Starwood REIT Running Low On Cash As Redemptions Soar Amid CRE Storm

Starwood Real Estate Income Trust (SREIT), a $10 billion non-traded REIT ranked second-largest behind Blackstone’s struggling BREIT, faces a severe liquidity crunch as investor redemptions soar amid concerns ‘higher for longer’ interest rates will worsen the commercial real estate storm.

Read more here…

Bill’s Commentary:

”Russia, and especially China, own gold and LOTS of it. THIS is why gold and silver are going “higher,” physical markets are now taking control of the price mechanism!”

America’s Competitors Think That The Window Of Opportunity Is Now Open To Divide The World

“The United States still thinks in terms of the Cold War and is guided by the logic of bloc confrontation, putting the security of ‘narrow groups’ above regional security and stability, which creates a security threat for all countries in the region,” read the 7,000 word Joint Statement of the People’s Republic of China and the Russian Federation on Deepening the Comprehensive Strategic Partnership of Coordination for the New Era in the Context of the 75th Anniversary of China-Russia Diplomatic Relations. Quite a mouthful.

“The US must abandon this behavior.” 

The statement followed a two-day meeting between Putin and Xi in Beijing. It is a strong signal, the kind of thing that matters greatly, for decades to come.

Read more here…

The latest from USA Watchdog –

Demonic Globalist Elite Starting World War III – Steve Quayle

The latest from USA Watchdog –

Climate Cult Wants Marxist Control – Brian Sussman

Bill’s Commentary:

“Filed under the category of “no shit Sherlock”, you didn’t see this coming prior to now?”

Goldman CEO Issues Warning as Interest Costs on America’s Ballooning Debt Exceed Spending on Defense, Medicare

Goldman Sachs CEO David M. Solomon is the latest business leader to sound the alarm on the Biden administration’s deficit spending, which comes as the cost of making interest payments on the United States’ ballooning government debt has exceeded spending in both the critical sectors of defense and Medicare.

“I think the level of debt in the United States [and] the level of spending is something that we need a sharper focus on and more dialogue around than what we’ve seen,” the investment banking chief told Bloomberg Television on May 13, adding that if something isn’t done to rein it the spending, it could create problems.

Read more here…

Bill’s Commentary:

“Michael Burry, “the Big Short” has just taken a position in gold. Welcome to the party, but what took you so long? Imagine had he put all of his 2008-09 profits into gold (which cannot bankrupt) back then when gold was sub $1,000?”

Michael Burry from the BIG SHORT is now officially the BIG #GOLD!#Gold & #Silver baby!!! 🔥🎉 https://t.co/TmFCgYytjg

— Eric Yeung 👍🚀🌕 (@KingKong9888) May 15, 2024

Bill’s Commentary:

“Credit turns negative on top of the most over levered global financial system and real economy in all of history? This truly means something big, we will shortly see the fallout. On a separate note, maybe China (and the world) is buying gold, not as a hedge against Dollar inflation but versus Chinese deflation?  Naw, it’s both!”

China’s Broadest Credit Metric Just Turned Negative For The First Time Since 2005

China has lots of economic problems (even if the market has been surprisingly generous in the past 4 months and allowed Chinese stocks to surge despite any actual economic rebound or recovery), but this is a new one.

It is hardly a secret that for much of the past 15 years, and certainly in the aftermath of the Lehman collapse, it was China’s unstoppable credit creation that lifted the world out of a deflationary shock time and again, and indeed it is a fact that as long as we can remember, China’s broadest credit aggregate, Total Social Financing, was always positive, come rain, blizzard, or shina.

Read more here…

Bill’s Commentary:

“WOW, a double whammy! Their money supply is contracting as well as new credit. How do you think this will end? And certainly, it won’t affect global financial markets nor the real economy, right?”

Pressure On China Heightens As Capital Outflow Chokes Liquidity

The latest money data from China shows its capital-outflow problem is worsening, pressuring policymakers to allow a further weakening in the currency.

China released money and inflation data over the weekend. CPI and PPI were not great reading, but money supply data was even more downbeat: M2’s growth disappointed, while M1 growth is moldering, falling 1.4% year-on-year versus +1.2% expected.

Read more here…

Bill’s Commentary:

“Deflation of the things you have …”

Delinquencies on Office Property Loans at Banks Are at 8 Percent While Office Loans the Banks Sold to Investors Show 31 Percent in Trouble

Just how much pain is being felt in the CMBS market related to office properties was further quantified on May 3 when Scott Carpenter reported the following at Bloomberg Law:

“About $52 billion, or 31%, of all office loans in commercial mortgage bonds were in trouble in March, according to KBRA Analytics.

“That share is up from 16% a year ago, according to the firm. Some cities have bigger headaches than others, with Chicago and Denver offices having 75% and 65% in jeopardy, respectively.”

Read more here…

Bill’s Commentary:

“More real estate death”

Iconic Trump Hotel DC Struggles Under New Owners, Foreclosure Auction Next Month.

One of Washington D.C.’s most iconic buildings, located just blocks from the White House, is set to be sold at a foreclosure auction next month. The Waldorf Astoria, formerly the Trump International Hotel at the Old Post Office, is at the center of financial turmoil with its new owners struggling to turn a profit like Trump did.

Read more here…

Bill’s Commentary:

“Filed under the category “DEFLATION of BAD CREDIT”!”

Fort Worth’s tallest building sells for just $12.3M at auction in stunning price drop

Burnett Plaza, the tallest building in Fort Worth, Texas, has been purchased via foreclosure auction for $12.3 million just three years after it was sold for more than $137.5 million, according to the Dallas Business Journal.

The 40-story behemoth was bought back by Pinnacle Bank Texas in the auction held on the steps of the Tarrant County courthouse on Tuesday. 

Pinnacle had claimed in public filings that the tower’s former owner, Burnett Cherry Street LLC, an affiliate of New York-based Opal Holdings LLC, defaulted on a $13 million loan used to purchase the building in 2021.

Read more here…

Bill’s Commentary:

“ZeroHedge posted this with the comment; “Fresh out of Unicorn farts?” How do you top that commentary? Seriously, these are chickens on their way home to roost!”

Newsom Forced To Slash California Budget, Blames Crippling Deficit On “Rain Bombs” And Tax Shortfalls

In the course of two years, California has turned a $100 billion surplus into a $73 billion deficit, forcing governor Gavin Newson (D) to propose painful (token) spending cuts on Friday while announcing his revised state budget.

Read more here…

Bill’s Commentary:

“Does this include backdated Blackface?”

Blame Canada? Justin Trudeau Creates Blueprint for Dystopia in Horrific Speech Bill

On February 21st, Canadian Prime Minister Justin Trudeau gave a press conference in Edmonton, announcing his government’s decision to introduce the Online Harms Act, or Bill C-63. It was described in Canadian media as a “bill to protect kids” that would stop the “exploitation of children,” and Trudeau’s curt speech focused solely on minors. The scarf-clad PM angrily dismissed criticisms the bill might have a broader focus.

Read more here…

The latest from USA Watchdog –

Huge Financial Shock Inevitable & Hitting Now – Ed Dowd

Former Wall Street money manager Ed Dowd is a skillful financial analyst.  Even though he has a wildly popular book on CV19 vax deaths and injuries called “Cause Unknown,” he is now turning his attention back to the economy.  Dowd warns the economy can fall out of bed at any time.  Dowd explains, “What’s coming up next is a credit cycle.  We are going to see commercial real estate go into problem mode.  There are a lot of loans that need to be rolled over in 2024 and 25.  A lot of these properties are down 80% . . . .  There is huge credit risk coming.  The prediction of bank failures is accurate.  We are going to see, over the next 12 to 24 months, banks go belly-up.  Then, they will have to get merged with bigger banks.”

Read more here…