US Government Runs Budget Surplus In August, But… | ZeroHedge

Authored by Michael Maharrey via SchiffGold.com,

The federal government charted a surprising budget surplus in August…

…but don’t be fooled. The feds didn’t miraculously fix their deficit problem.

The Biden administration continued to spend money at an unsustainable pace last month.

The surplus was merely a function of the reversal of student loan forgiveness.

Officially, the US government recorded an $89.26 billion surplus deficit in August, (more…)

Continue ReadingUS Government Runs Budget Surplus In August, But… | ZeroHedge

Federal Judge Again Declares DACA Program Unlawful, But Refuses To Order Deportations | ZeroHedge

Authored by Caden Pearsen via The Epoch Times,

A federal judge in Texas on Wednesday declared the revised version of the Deferred Action for Childhood Arrivals (DACA) program illegal.

U.S. District Judge Andrew Hanen’s ruling reiterated that the Obama-era federal policy is unlawful and should have come from Congress. DACA provides hundreds of thousands of illegal immigrants brought to the United States as children with a two-year renewable shield from deportation.

The (more…)

Continue ReadingFederal Judge Again Declares DACA Program Unlawful, But Refuses To Order Deportations | ZeroHedge

OPEC Slams The IEA Over Peak Fossil Fuel Demand Claims | ZeroHedge

Authored by Charles Kennedy via OilPrice.com,

Consistent data-based forecasts show that peak oil and other fossil fuel demand will not happen before 2030, as the International Energy Agency (IEA) claimed earlier this week, OPEC said on Thursday, dismissing the claims of the “beginning of the end of fossil fuels.”

Demand for oil, natural gas, and coal is nearing its peak, the head of the International Energy Agency said in an op-ed for the Financial Times on (more…)

Continue ReadingOPEC Slams The IEA Over Peak Fossil Fuel Demand Claims | ZeroHedge