We know what’s coming and we are prepared.
🇺🇸 - Five current and former IRS employees have been charged in a scheme to fraudulently collect COVID-19 aid.
According to court documents, the defendants tried to obtain a total of USD 1 million by submitting false applications.
According to the Department of Justice, the defendants used the money for cars, luxury goods and personal travel. Brian Saulsberry of Memphis obtained USD 171 400 and is accused of buying a Mercedes and cushioning a personal investment account.
Tina Humes, also of Memphis, received USD 123 612 according to the DOJ, and is accused of using it to buy jewelry and go on a trip to Las Vegas.
This is part of a larger effort to crack down on COVID-19 fraud schemes that has led to 150 prosecutions and the seizure of USD 75 million dollars.
Please, subscribe to this channel. Thank you.
Gavin Newsom caught in a massive federal money laundering scam
‌
Newsom increased ambulance costs 300%, then requested reimbursements from the federal government, but it was fake
‌
He’d then pay a different company a fraction of the cost and pocket the rest. Stealing billions
“One of the largest and most convoluted schemes in modern history has been discovered during a review of California's medical financial records”
“Investigators found that under Gavin Newsom's leadership, the Golden State has essentially been funneling taxpayer money from all across America to prop up California's own finances.
Genesis Plan started in 2022 and it revolves around the complex concept of intergovernmental transfers, which in simple terms is when a local hospital or county makes a transfer to the state Medicaid agency for payments of medical services such as ambulance rides
-
After the transfers are made, the state can then request a matching amount of money from the federal government
-
But Gavin ...
Leaked phone call from January 4, 2025 (3 days before the devastating Palisades Fire)
The call is between Los Angeles Mayor Karen Bass and John Alle, a property manager and whistleblower in the Pacific Palisades, Westlake and MacArthur Park areas
John Alle contacted Karen Bass to warn her about extreme fire risks due to weather conditions like high winds and dry brush
Karen Bass tells him to “read between the lines,” “hold tight,” and that “you will understand soon.”
She knew something was coming, almost like a planned fire (many believe the land grab)
This call is interpreted as her knowing serious fire danger was imminent but not wanting to discuss what was about to happen openly….
Very cryptic
đź”— Wall Street Apes (@WallStreetApes)
@CherokeeOwl 🦉
@BrettColdwell
BREAKING: Nasdaq 100 futures fall over -1% as US CPI inflation rises to 3.8%, its highest level in 3 years.
BREAKING: US CPI inflation officially rises to +3.8%, its highest level since May 2023, amid surging oil prices.
In just 6 months, US gas prices have risen +65%.
For the first time in 3 years, US inflation is outpacing US wage growth.
US consumers are losing purchasing power.
https://t.co/bbXfovR4Hb
(@TheKobeissiLetter)
https://t.co/Q9iLWYr7II
(@TheKobeissiLetter)
———-
The, inflation is much higher in many basic necessities:
1. Energy Commodity Inflation: +29.2%
2. Gasoline Inflation: +28.4%
3. Airfare Inflation: +20.7%
4. Energy Inflation: +17.9%
5. Electricity Inflation: +6.1%
6. Fruits and Vegetables Inflation: +6.1%
7. Hospital Services Inflation: +5.5%
8. Motor Vehicle Repair Inflation: +5.1%
9. Apparel Inflation: +4.2%
This has driven cumulative inflation since 2020 to +29%, meaning goods that cost $100 in 2020 now cost $129 today.
Inflation remains a major ...
California gas prices could spike as imported oil supply dries up, industry warns
California may soon have to battle other states for oil resources as its imported supply runs dry, a leading lobbying group has warned.
Jodie Muller, CEO of Western States Petroleum Association, said the limited amount coming into the Golden State means it will be pitted up against the rest of the US and foreign markets.
It comes as the last ship to leave the Strait of Hormuz for California was unloaded in Long Beach, marking the final barrels of oil from the crucial Middle East route until the war in Iran is resolved.
Full article . . đź”—
🌅 Market News Digest
05/10/23 - 05/11/23 EST
🔥 Top Stories
• US-Iran tensions escalate as Trump rejects Iran’s peace response, oil surges over 3.5% — fears of Strait of Hormuz disruptions intensify.
• Bitcoin hits $81,700 amid geopolitical turmoil and inflation hedging — historic highs and strong institutional interest.
• US proposes lifting Hormuz blockade, but Iran calls demands excessive; oil prices rally — ongoing Middle East conflict impacts global markets.
â›˝ Oil & Energy
• Oil prices rise sharply after US-Iran rejection of peace proposals; US crude exceeds $95.50.
• Iran’s response to US peace plan deemed “realistic, positive” by officials; tanker crosses Strait of Hormuz.
• Saudi Arabia and China increase oil and coal exports amid supply concerns.
• Japan’s first Central Asian crude tanker departs Iran, signaling ongoing regional energy flows.
đź“Š Markets & Macro
• US stocks mixed; S&P 500 futures dip slightly, while tech giants like Alphabet ...
