“Biggest Blunder In The History Of The Treasury” – Druck Dunks On Yellen (& Her Husband Appears To Agree) | ZeroHedge

Billionaire hedge fund manager Stanley Druckenmiller pulled no punches during a fireside chat with legendary trader Paul Tudor Jones at a recent Robin Hood Foundation event, slamming Treasury Secretary Janet Yellen.

In his view, Yellen made the worst mistake in the history of the Treasury, by not issuing more long-dated government bonds before the Fed began hiking rates early last year. And that, Druck believes has helped pave the way for a debt disaster.

"Janet Yellen — I guess (more…)

Continue Reading“Biggest Blunder In The History Of The Treasury” – Druck Dunks On Yellen (& Her Husband Appears To Agree) | ZeroHedge

Bills On Israel, Ukraine ‘Dead On Arrival’ In Both House And Senate As Shutdown, Funding Battles Gear Up | ZeroHedge

As the nation celebrates Halloween, the House and Senate are engaged in some spooky late-stage Republic chaos over aid to Israel and Ukraine amid a backdrop of yet another government shutdown looming in two weeks.

House Speaker Mike Johnson

In short,

  • The government will run out of money (again) in roughly two weeks, requiring Congress to act (again).
  • According to Democrats and GOP Neocons such as Mitch McConnell and Lindsey Graham, America needs to send billions of (more…)

Continue ReadingBills On Israel, Ukraine ‘Dead On Arrival’ In Both House And Senate As Shutdown, Funding Battles Gear Up | ZeroHedge

Former Fox Reporter Faces Contempt Charge After Refusing To Reveal FBI Source | ZeroHedge

Former Fox News reporter Catherine Herridge (now with CBS) is facing a contempt charge after refusing to comply with a court order to reveal a confidential source's identity.

The source had provided information about an FBI investigation into a Chinese American scientist, Yanping Chen – whose lawyers asked the court to hold Herridge in contempt because she "refused to answer questions regarding the identity of her confidential source(s) and other aspects of her (more…)

Continue ReadingFormer Fox Reporter Faces Contempt Charge After Refusing To Reveal FBI Source | ZeroHedge