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"History is a joke played by the victors on the vanquished in front of an audience that dares not laugh." -- Michael Rivero

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by Tyler Durden 

 

The Wall Street Journal, citing people familiar with the matter, has revealed more details about President Biden's big announcement regarding China tariffs scheduled for next Tuesday. 

Authored by Mark Glennon via Wirepoints.org,

At $1.5 million per job, this new incentive package from the state is at least 15 times the norm. For this much money, the state could have just handed out a million bucks to 827 people, instead of creating 550 jobs.

By Mish Shedlock of MishTalk

The lie of the day is from the EPA: Carbon capture will pay for itself (thanks to IRA subsidies). No, it won’t even with subsidies. Expect blackouts and a higher price for electricity.

Money Mail can today reveal a timebomb looming in the second-hand market for electric vehicles (EVs).

Our investigation found that many EVs could become almost impossible to resell because of their limited battery life.

In the movie The Perfect Storm, George Clooney and Mark Wahlberg are among the crew of a boat off the Northeast coast that is caught in the convergence of multiple powerful storms.

By Tsvetana Paraskova of OilPrice.com

The next round of EU sanctions against Russia over the invasion of Ukraine should include measures to address the shadow fleet of tankers helping Russia move its oil and a ban on EU imports of Russian LNG, Sweden’s foreign minister said on Monday.