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🚨 Really? – March 07 2024

FNCS

Happy Thursday.

Meet Bao, the dog influencer who travels the world in luxury. He has over 75 pieces of clothing in his doggie wardrobe. Welcome to 2024.

credit: instagram

In Case You Missed It. 

πŸ’Έ The Bank of Canada announced that it will hold interest rates at 5%. 

πŸŽ₯ The armorer in the movie “Rust” was found guilty of involuntary manslaughter and could face up to 18 months in prison.

🎾 Russian and Belarusian tennis players will be allowed to compete in the 2024 Olympics as neutral players. 

πŸ›οΈ The Defend the Guard Act passed in the Texas Republican Primary this week. The act would prohibit a state from sending its National Guard on missions unless Congress formally declares war.

πŸš‡ New York Governor Kathy Hochul has deployed 1,000 National Guard troops to New York City subways to carry out bag checks. I have a friend who used to take his pet boa in his backpack on the subway for vet checks so they'd better beware! 

πŸ‡ΊπŸ‡¦ A new report shows that allowing Ukraine into the European Union would cost €136 billion. 

πŸ“Ί Join us live for Redacted starting today at 4 PM EST. 

MARKETS

Gold

$2,156.61

Silver

$24.14

Bitcoin

$66,844.22

Dow

38,661.05

S&P

5,104.76

Nasdaq

15,509.90

*Stock data as of market close, cryptocurrency data as of 5:00pm AM. 

 

Lead: Ukraine Goes Underground

credit: wsj

Ukraine is digging in, literally. The Wall Street Journal reports that in the absence of taking back any territory in Eastern Ukraine, the military is digging trenches and building fortresses. 

“President Volodymyr Zelensky called for accelerated construction and urged private companies and donors to get involved,” the Journal reports. They are calling for $800 million for this purpose. 

This doesn’t look like a very good investment when you consider the rate at which Russia is destroying Ukrainian military aid. Watch these U.S.-supplied HIMARS go up in smoke. And these U.S.-supplied Abrams tanks too.

Bloomberg is reporting that President Biden is considering sending money from the U.S. Army to Ukraine in the absence of more congressionally-approved funds. 

The Russian Defense Ministry says that it took four months for them to gain 5.6 miles of territory and now they have gained three more miles in just the last week alone. Now is as good a time as ever to revisit that peace treaty and stop the fighting! 

More sources, including the Wall Street Journal, have now confirmed that the peace treaty did exist in the spring of 2022 and that it was tanked by the West because they favored continuing the war. 

Trump Sides with Israel

credit: getty

After months of silence on the issue, former President Trump said that Israel has to “finish the problem” with its attack on Gaza, confirming that he is “firmly in Israel’s camp.” 

This is not surprising as the former President made many pro-Israel moves during his administration such as moving the U.S. embassy to Jerusalem, solidifying the U.S. stance that Jerusalem belongs to Israel and not the Palestinian people. He also recognized the Golan Heights as Israeli territory. Still, it shakes up a misbelief that Trump would be an anti-war president. He condemned only the October 7 attacks on Tel Aviv and not the death of approximately 31,000 Palestinians, 70% of which are women and children. 

CNN reported this week that at least 20 people have died of starvation since the war broke out, the youngest a one-day-old baby. 

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Bank of America Issues U.S. Dollar Warning

credit: giphy

Bank of America has issued a shocking warning about the U.S. dollar and the growing U.S. debt. 

"The U.S. national debt is rising by $1 trillion every 100 days," Michael Hartnett, Bank of America's chief strategist, wrote in a note to clients seen by CNBC. He added that it's "little wonder ‘debt debasement’ trades are closing in on all-time highs, i.e. gold [and] bitcoin." 

Woah. And who is going to reign that in? No one for the foreseeable future. Politics is busy finger-pointing one another and arguing about spending money on wars. That is why Moody's lowered the ratings on the U.S. government from stable to negative. 

What's Trending?

credit: x

The Castellows are trending because the trio of female musicians are feminine, pretty, white and talented and some people hate that

Cookie Monster is trending because he said on X that his cookies are getting smaller due to shrinkflation. 

Rooster Teeth is trending because Warner Brothers is shutting down the animation, comedy and gaming studio after 21 years. 

Indian Wells is trending because the BNP Paribas tennis tournament is happening there this weekend but star player Rafael Nadal has withdrawn due to injury.

News By The Numbers

217. That is how many times a man in Germany says that he’s received the Covid-19 vaccine. Researchers say he seems to be just fine. 

$14 million. That is how much Liberty University was ordered to pay as a fine for failing to comply with public safety laws. 

29. That is the age of Cole Brauer, the first U.S. woman to sail around the world alone. She was given her trophy this week in Spain. 

The San Francisco Re-Treat

credit: fox

San Francisco surprised itself by passing two law-and-order ballot measures. Proposition F and E were voted in by over 60% support by voters. 

Proposition F requires recipients of welfare money to test for drugs and enter treatment programs in order to continue to receive aid. Proposition E expands police surveillance tools and allows police to use force without requiring written reports for every altercation. Both were supported by San Francisco Mayor London Breed.

These seem like moderate bills but not when you consider how far San Francisco has gone to enable crime and drug use. One resident said this to the Wall Street Journal: “The pendulum is swinging. It’s coming hard-core back to the center.” 


This newsletter is written and researched by Natali Morris.
Please feel free to reach Natali at [email protected]
for any editorial feedback.