Watch The X22 Report On Video
Click On Picture To See Larger PictureThe green new scam is done, the companies the [DS] pushed are now going bankrupt. The market downturn was the first alarm bell to wake the people up. The [KH] will continue to push how great the economy is and the Fed will cut. People are watching the market and the economy. The [DS] has now made their move, they chose the worst white male candidate they could possibly choose. Was this done to win or did they do it because they knew the people would want something better. Lets see what happens. The [DS] knows they cannot win, they are having a problem with their cheating system. They are trapped, so all they have left is chaos & war.
Economy
Major Solar Company Files For Bankruptcy After California Strips Subsidies
SunPower, a major rooftop solar company, filed for Chapter 11 bankruptcy on Monday, the company announced.
SunPower filed for bankruptcy in Delaware after a string of corporate struggles, changes to California’s rooftop solar subsidy programs and high interest rates weighed down its business, according to Bloomberg News. Before it unraveled, SunPower was among the leading solar companies in the U.S.
In 2023, state policymakers changed California’s rooftop solar subsidy programs and weakened the incentive for companies to push rooftop solar by reducing payments to homeowners who sell back excess power the panels generate, according to CalMatters. Those changes negatively affected SunPower’s business, culminating in its bankruptcy filing, according to Bloomberg.
Source: dailycaller.com
In a recent poll, 55% of Americans believed that we are in a recession.
— The Kobeissi Letter (@KobeissiLetter) August 5, 2024
Many people are working multiple jobs just to afford basic necessities.
And owning a home is now a luxury. This is not a soft landing.
Follow us @KobeissiLetter for real time analysis as this develops.
affordability is near record lows
5. Mortgage demand is at its lowest levels in 30 years
6. The US Dollar has lost 25% of its purchasing power in 4 years
This is not a “soft landing.”
JUST IN: Central banks have conducted 35 rate cuts over the last 3 months, exceeding Q1 2024 levels.
— The Kobeissi Letter (@KobeissiLetter) August 6, 2024
Global central banks have been cutting interest rates at their fastest pace since the 2020 Pandemic.
Over the last 25 years, the most cuts were seen in May 2020 when global… pic.twitter.com/HLiv0Rs81B
rates were reduced 92 times. By comparison, during the peak of the Financial Crisis in 2009, global central banks implemented 76 cuts. World central banks are cutting as if a global recession is starting.
As rate cuts and the election approach, this is not the market to get comfortable in.
— The Kobeissi Letter (@KobeissiLetter) August 6, 2024
We are calling for a prolonged period of elevated volatility.
Trading these swings is going to be fantastic.
Follow us @KobeissiLetter for real time analysis as this develops.
Remember, the stock market crashed in:
— Genevieve Roch-Decter, CFA (@GRDecter) August 5, 2024
2020 (-34%)
2008 (-57%)
2000 (-49%)
1998 (-19%)
1987 (-33%)
…and recovered to all time-highs each and every time!
🚨LAYOFF ANNOUNCEMENTS IN 2024:
— Genevieve Roch-Decter, CFA (@GRDecter) August 6, 2024
– Dell cuts 15% of workforce
– Intel cuts 15%
– Intuit cuts 10%
– PayPal cuts 9%
– Unity Software cuts 25%
– Twitch cuts 35%
– Bumble cuts 30%
– Expedia cuts 8%
– Cisco cuts 5%
– DocuSign cuts 6%
– Snap cuts 10%
– Riot Games cuts 11%
– Wayfair…
cuts 13%
– Indeed cuts 8%
– Peloton cuts 15%
– Tesla cuts 10%
– Pixar cuts 14%
– Discord cuts 17%
– Lucid cuts 6%
– UKG cuts 14%
– Match Group cuts 6%
– Brex cuts 20%
– Wayfair cuts 13%
– Riot Games cuts 11%
– Duolingo cuts 10%
– Rent the Runway cuts 10%
– eBay cuts 9%
In 2024, tech companies have laid off +126,032 people.
With NASDAQ down -12% from record high, how much worse can it get?
Federal Reserve officials move to reassure markets that US is not in recession
Federal Reserve officials move to reassure markets that US is not in recession
The Fed has in the past considered emergency rate cuts, often in co-ordination with other central banks, in times of very severe financial distress or rapid economic decline — such as at the height of the pandemic in early 2020. But most observers on Monday considered that unlikely.
Source: ft.com
Bear market and recession fears should boost Nov. 5 prospects for Trump, a longtime business leader who polls much stronger on the economy than Kamala, a closet Marxist (who for one, doesn't understand in the slightest how Cloud data storage and syncing works) … developing …
— Paul Sperry (@paulsperry_) August 6, 2024
Political/Rights
The Secret Service said Monday it “disposed of” cocaine found last year at the White House — responding to a report about alleged infighting on its fate following a partial DNA match.
“The evidence from that investigation was disposed of in accordance with retention policies,” Secret Service spokesman Anthony Guglielmi said in an email.
Guglielmi did not state the specific retention policy, but broadly dismissed as “false” allegations outlined by a trio of sources to RealClearPolitics, which reported that President Biden’s then-Secret Service Director Kimberly Cheatle wanted to destroy the cocaine but faced internal opposition.
Cheatle was “really pissed off” when her request was rebuffed by subordinates who cited protocols requiring that the evidence be retained for seven years, the publication reported.
The Secret Service closed its investigation just 11 days after the cocaine was found — without interviewing any potential suspects — giving the impression that the agency wasn’t interested in learning the facts behind the embarrassing incident.
Source: nypost.com
🚨BREAKING🚨
— Oversight Committee (@GOPoversight) August 6, 2024
Over three years ago, President Biden tasked Vice President Harris with “stemming the migration to our southern border,” and the media anointed her the Administration’s “border czar.”
What has she done in that time to fix the worst border crisis in American… pic.twitter.com/wbwJ7ahR1Y
When describing AOC in this segment, he first used the word "fake"…but then spoke of her in a more positive light and said she's got a "spark". Odd, isn't it? https://t.co/ITWVXku9Q8 pic.twitter.com/PMiVGdhyUM
— Lisa Mei (@TheNotoriousLMC) August 5, 2024
Geopolitical/Police State
🚨
— 🇺🇸 Mike Davis 🇺🇸 (@mrddmia) August 5, 2024
DC federal court rules Google is a monopolist.
This is just for the online search market.
Google still faces liability for its alleged monopolization of the online advertising market. https://t.co/g82zNtxv0P
Q !!mG7VJxZNCI No.141
Aug 11 2018 12:23:43 (EST)
Q !!mG7VJxZNCI No.13
Aug 11 2018 11:51:36 (EST)
media-consolidation.png
Define Antitrust Law(s).
https://www.ftc.gov/tips-advice/competition-guidance/guide-antitrust-laws/antitrust-laws
The Sherman Act outlaws “every contract, combination, or conspiracy in restraint of trade,” and any “monopolization, attempted monopolization, or conspiracy or combination to monopolize.”
https://www.ftc.gov/tips-advice/competition-guidance/guide-antitrust-laws
“The FTC’s competition mission is to enforce the rules of the competitive marketplace — the antitrust laws. These laws promote vigorous competition and protect consumers from anticompetitive mergers and business practices.”
Reconcile.
+GOOG
+FB
[CHANGE WE CAN BELIEVE IN]
Q
https://en.wikipedia.org/wiki/Telecommunications_Act_of_1996
https://www.fcc.gov/general/telecommunications-act-1996
[BC set the stage]
[Plan]
Could a new Telecommunications Act be on the way?
Q
X on Tuesday filed a federal antitrust lawsuit against an advertising industry coalition and its members—including CVS Health, Mars, Orsted and Unilever—alleging the group abused its influence over marketers and ad agencies to discriminate unfairly against X, prompting an ad boycott.
Why it matters: The lawsuit is part of a broader effort by conservative lawmakers and media companies to go after GARM, the Global Alliance for Responsible Media.
Catch up quick: GARM was created by members of the World Federation of Advertisers (WFA) in 2019 to set standards around brand safety for digital advertisers. Members include major tech companies, advertisers, agencies, ad tech firms and advertising coalitions.
uit.
Source: axios.com
UK Man Arrested for Social Media Post Mocking Transgender Flag-‘Malicious Communications’
A man was arrested in the United Kingdom in Hampshire for a social media post mocking the transgender flag.
A viral video shows the moment officers showed up at the man’s home to arrest him, with one officer telling him, “Someone has been caused anxiety based on your social media post. And that is why you’re being arrested.”
“Someone has been caused anxiety based on your social media post. And that is why you’re being arrested.” British policing, 2022. pic.twitter.com/D4MZhbXq08
— Paul Embery (@PaulEmbery) July 30, 2022
The BBC reports the man was arrested for “malicious communications,” and a man who recorded the incident was arrested for allegedly “obstructing an arrest.”
Hampshire government provides this handy flyer on their 1984 approach to speech, noting that malicious communication includes:
Content grossly offensive, vulgar, outrageous, shameful, shocking, abusive, insulting
That is indecent, degrading, humiliating, improper, especially in relation to sexual matters
That is of a threatening nature and the threat is believed to be real
That is sent using false information that is believed to be false by the sender
Sent to cause the person or anyone else distress or anxiety
The flyer is punctuated with the chilling Orwellian reminder that “Malicious communication is a criminal offense, which could result in prosecution and a criminal record.”
Not included in the flyer, or available from law enforcement, is who actually decides what is “malicious”? Who decides what level of anxiety meets the criteria to be offended?
The UK is no longer safe for Englishmen pic.twitter.com/h59Li7MRqv
— End Wokeness (@EndWokeness) August 5, 2024
War
There was a meeting held in the Situation Room at The White House on Monday regarding the rising tensions in the Middle East under Joe Biden.
Peter Doocy from FOX News covered the Situation Room meeting.
Peter Doocy: We’ve got a sizable motorcade repositioning on Pennsylvania Avenue. So it’s possible that the vice… It looks like I can see behind the camera. The vice president’s vehicles are leaving right now. So it would seem that at least her part in the situation room is done. She will now go back to the naval observatory.
Bill Hemmer: But that doesn’t necessarily mean the meetings over in the situation.
Peter Doocy: Correct.
Amazing. Kamala was such a distraction she was dismissed!
Source: thegatewaypundit.com
UN Admits Nine UNRWA Staff Members ‘May Have Been Involved’ in October 7 Terrorist Attack in Israel
The United Nations Relief and Works Agency for Palestinian Refugees (UNRWA) has admitted that nine of its staff members may have been involved in the heinous Hamas attack on Israel on October 7, 2023.
This admission is not just a minor oversight; it highlights a disturbing pattern of complicity and negligence within an organization that claims to uphold humanitarian values.
Philippe Lazzarini, the UNRWA Commissioner-General, confirmed that an investigation by the Office of Internal Oversight Services (OIOS) found evidence that could suggest these staff members were involved in the attacks.
However, according to the Community Notes, “The IDF found evidence that Hamas used the UNRWA headquarters as offices, and that power cables ran directly from inside of the UNRWA offices to the underground Hamas tunnels. It is unlikely UNRWA was unaware of the tunnel construction.”
Source: thegatewaypundit.com
Saudi Arabia has reportedly told Iranian Officials, that it will not allow Iran to use Saudi Airspace to launch an Attack on Israel, and that any Missiles, Drones, or Aircraft that enter its Airspace will be seen as a Violation of Saudi Sovereignty, stating that, “We are…
— OSINTdefender (@sentdefender) August 5, 2024
Defending ourselves, not Israel.”
🚨 #BREAKING: Several U.S. personnel have been injured in a rocket attack against a U.S. military base in Iraq, according to Reuters.
— Nick Sortor (@nicksortor) August 5, 2024
And we’ve got Joe Biden at the helm.
God help us. pic.twitter.com/Ok9F3fsE3i
The Biden administration is paying the Iranian regime to kill U.S. soldiers. How else can this be explained? https://t.co/6CkVddG4g8
— General Mike Flynn (@GenFlynn) August 6, 2024
🧵THREAD: The Biden-Harris Administration has set a new record for the most embassy evacuations of any presidency in U.S. history, topping Obama's eight.
— Morgan Ortagus (@MorganOrtagus) August 5, 2024
But it doesn't stop there: a whopping 16 nations have faced coups or had governments toppled under Biden and Harris (1/6)
2⃣ The Blinken State Department have partially or fully evacuated 11 U.S. embassies via ordered or authorized departure directives.
— Morgan Ortagus (@MorganOrtagus) August 5, 2024
These include our diplomatic posts in Burma, Chad, Afghanistan, Ethiopia, Ukraine, Belarus, Russia, Nigeria, Sudan, Niger, and Haiti.
4⃣ But their global instability hardly stops there. Myanmar, Chad, Guinea, Sudan, Mali, Burkina Faso, Niger, Haiti, Tunisia, Sri Lanka, the Central African Republic, Somalia, Gabon, Guinea-Bissau, Bangladesh, and Venezuela have all had coup efforts or toppled governments.
— Morgan Ortagus (@MorganOrtagus) August 5, 2024
6⃣ A President Harris would continue the disastrous policies of the Biden-Harris Administration and add fuel to global fires.
— Morgan Ortagus (@MorganOrtagus) August 5, 2024
#BREAKING The Iranian Aviation Organization issued a NOTAM on Tuesday to warn pilots and aviation authorities about a risk of gun firing activities in western Iran on August 7 and 8, setting the danger zone up to an altitude of 12,000 feet. pic.twitter.com/B9x7Yy01mJ
— Iran International English (@IranIntl_En) August 6, 2024
Cyber Attacks
False Flags
Q
Governor Waltz served in the US House of Representatives for 12 years before being elected governor in 2018.
Waltz presided over Minnesota during the George Floyd riots of 2020.
Source: thegatewaypundit.com
Minnesota under Tim Walz.
— Libs of TikTok (@libsoftiktok) August 6, 2024
After he ignited violent riots and stoked the 2020 protests, Kamala helped bail out the violent and dangerous criminals who were arrested for it.
A taste of what America will look like under a Harris-Walz admin. pic.twitter.com/fEs6ibeeex
Tim Walz is worse than Kamala https://t.co/rm9zQB0S4E
— Hodgetwins (@hodgetwins) August 6, 2024
Minneapolis before and after Governor Tim Walz allowed BLM to destroy it: pic.twitter.com/hLf09QLoWE
— End Wokeness (@EndWokeness) August 6, 2024
Walz threw business owners in jail in 2020 while he was letting violent mobs burn down hundreds of businesses. https://t.co/oA4bNKHQg4
— Daniel Horowitz (@RMConservative) August 6, 2024
In 2020, Kamala Harris' potential running mate Gov. @Tim_Walz locked Minnesotans in their houses.
— Greg Price (@greg_price11) August 6, 2024
He then set up a hotline via phone and email so that people could snitch on their neighbors who weren't complying with his draconian lock down.
This is what that looked like pic.twitter.com/KQBSLWNXcc
To every RFK Jr. supporter,
— ThePersistence (@ScottPresler) August 6, 2024
Kamala Harris just chose Tim Walz, who put COVID positive patients into nursing homes.
Walz is responsible for destroying families.
If & when another pandemic appears, a Harris-Walz admin. would result in lockdowns/loss of life.
Consider Trump.
This Tim Walz guy sounds weird… pic.twitter.com/pOjW8BnvIN
— MAGA War Room (@MAGAIncWarRoom) August 6, 2024
In January 2023, Tim Walz signed into law Minnesota legislation that includes NO limitations on when a woman may end the life of her unborn baby. Including in the 9th month of pregnancy.
— Corey R. Lewandowski (@CLewandowski_) August 6, 2024
Walz is an open borders zealot.
— Charlie Kirk (@charliekirk11) August 6, 2024
Walz supports sanctuary cities, driver's licenses for illegals, free college for illegals, and free health care for illegals.
He cares more about invaders than Americans. pic.twitter.com/4DQeQlmWiK
Minnesota Gov. Tim Walz says he wants to invest in a "ladder factory" to help illegal immigrants climb Trump's border wall, says we won't have Thanksgiving dinner anymore without illegal immigrant workers.
— Alpha News (@AlphaNewsMN) August 1, 2024
Recent polling shows a majority of Americans support building a border… pic.twitter.com/9B5b7Qa44Z
wall
Tim Walz 🤝 Driver's Licenses For Illegals
— RNC Research (@RNCResearch) August 6, 2024
Weak. Failed. Dangerously Liberal. Just like Kamala. pic.twitter.com/kuPSGpfjVB
BREAKING: Federal records show Kamala's veep pick Tim Walz and his wife have contributed almost $5,000 to the Minnesota Democratic-Farmer-Labor Party and DFL candidates. DFL, which was founded by a Communist, has sponsored at least 10 Democratic Socialist officeholders
— Paul Sperry (@paulsperry_) August 6, 2024
The Press Rush to Put Lipstick on the Pig, but the Tim Walz Pick Is a Disaster for Democrats
That didn’t stop the press from quickly trying to put lipstick on the pig, though. In the aftermath of the news, CBS News described him as a “centrist” who likes to cook casseroles.
Axios also brought out the clean-up crew, doing its best to soften the connection between Walz and the radical left. Instead of just admitting he’s a socialist, they described his policy positions as “leaning into disagreements.”
Source: redstate.com
“It’s no surprise that San Francisco Liberal Kamala Harris wants West Coast wannabe Tim Walz as her running-mate – Walz has spent his governorship trying to reshape Minnesota in the image of the Golden State. While Walz pretends to support Americans in the Heartland, when the cameras are off, he believes that rural America is ‘mostly cows and rocks’. From proposing his own carbon-free agenda, to suggesting stricter emission standards for gas-powered cars, and embracing policies to allow convicted felons to vote, Walz is obsessed with spreading California’s dangerously liberal agenda far and wide. If Walz won’t tell voters the truth, we will: just like Kamala Harris, Tim Walz is a dangerously liberal extremist, and the Harris-Walz California dream is every American’s nightmare.”
— Karoline Leavitt, Trump Campaign Press Secretary
Man the Trump people move fast
— DC_Draino (@DC_Draino) August 6, 2024
They just dropped a blistering ad that exposes Tim Walz for:
-putting tampons in boys bathrooms
-allowing minor children to have their genitals permanently mutilated
-putting men in women’s sports
This guy is FAR left
pic.twitter.com/UgPPrr5D1w
Below are seven things to know about Waltz’s record:
A June report from Minnesota’s legislative auditor found that Walz’s administration “failed miserably in its duty to properly oversee millions of federal dollars it administered to nonprofits to feed children.” The report said that Walz’s alleged incompetence “created opportunities for fraud.” Axios reported: “The report highlighted several ways in which the Walz administration failed to rein in the fraud, undercutting the governor’s longstanding claims that his agency staff deserve credit, not criticism, for their efforts to catch and stop it.”
Walz signed legislation to allow minors to get sex-change operations in Minnesota. He signed a bill to require schools to stock period products in boys’ bathrooms.
Walz allegedly failed to anticipate and react to riots in Minneapolis after the death of George Floyd. Even the liberal mayor of Minneapolis, Jacob Frey, slammed Walz’s response to the riots.
Under Walz’s leadership, Minnesota gives free college tuition to illegal immigrants.
Walz signed a bill into law that will give driver’s licenses to potentially 77,000 eligible illegal aliens.
Walz openly championed socialism last week during a “White Dudes” for Harris event.
Waltz was also a radical member of the House of Representatives, with Heritage Action giving him a lifetime score of 13 percent.
Honorable mentions:
Authorities arrested Walz for DUI.
Walz said it was “ageism for Americans to be concerned about Biden’s fitness for office.
A presidential ticket where one person enabled the burning down of his own state and the other person advocated bailing out the people who did it.
— Stephen L. Miller (@redsteeze) August 6, 2024
From a Trump perspective, Walz is best case scenario.
— Clandestine (@WarClandestine) August 6, 2024
Walz is an easy target, with lots of talking points attached to him.
Walz is connected to illegals voting, the great replacement, Hamas, abortion, BLM, LGBTQ, etc.
Walz provides a canvas for the Trump campaign to paint a… pic.twitter.com/oiyjSj7dVn
a very clear picture on what voters can expect under a Harris/Walz administration. He represents all the things MAGA are against. He also does not move the needle for the Dems. All the people who are attracted to his far-Left radical policies, are already voting blue. They might have saved some votes from the pro-Palestinian wing of the Democrat base, but they did not gain any significant ground or steal any Trump voters/independents. All they did was reveal their plan. They plan to use Minnesota as the blueprint for the rest of America. Their intentions are out in the open.
Poll: Only 17% of Americans View Radical-Left Tim Walz Positively
The poll found that only 17 percent of Americans view Walz favorably, while 12 percent view him unfavorably. The 17 and 12 percent marks appear to be so low because many Americans (71 percent) have never heard of him before or are unsure how to rate him.
.
Source: breitbart.com
Look familiar?
— Douglas Macgregor (@DougAMacgregor) August 6, 2024
Kamala: "Everybody needs to be woke"
— End Wokeness (@EndWokeness) August 5, 2024
The ads write themselves these days.
pic.twitter.com/M6T4P12wHT
TAKE A LISTEN
So we hade all white males and they chose the one that nobody knows, polls are very low and he is a communist
So why would Obamala choose Waltz, if you were going to attempt to swap the people out, would you have Kamala choose a black man, black women or would you choose a white man.
Democrats were not playing for keeps on this VP pick.
If you were going to swap them out would you choose the best or the worst so your base agrees with the swap.
President Trump reacts to Kamala Harris’ decision on choosing Tim Walz… pic.twitter.com/HRM7MxT9qr
— Dan Scavino Jr.🇺🇸🦅 (@DanScavino) August 6, 2024
Q !xowAT4Z3VQ ID: 564897 No.1002693
Apr 11 2018 18:11:13 (EST)
Q !xowAT4Z3VQ ID: 564897 No.1002643
Apr 11 2018 18:07:42 (EST)
https://mobile.twitter.com/SaraCarterDC/status/984145872241020929
What was just released to Nunes?
https://www.nytimes.com/2018/04/11/us/politics/ezra-cohen-watnick-justice-department-national-security-adviser.html
Warning?
Telegraph?
https://mobile.twitter.com/realDonaldTrump/status/984022625440747520
IT’S HAPPENING.
Q
“A clean [H]ouse is very important.”
Q
A Virginia man has been charged with making numerous death threats against VP Kamala Harris. https://t.co/i3Cw9FuVE9
— NBC News (@NBCNews) August 6, 2024
Frank Lucio Carillo, of Winchester, Virginia, posted a series of violent threats about Harris last month using an alias on the conservative social media site GETTR, according to a criminal complaint unsealed in the Western District of Virginia on Friday. Investigators alleged that Carillo had posted 19 times about Harris, including threats to shoot, stab and burn her alive.
Will they use an assassination attempt on Kamala, will they injure her or will she to afraid to continue and drop out
Judge in Trump’s hush money case delays date for ruling on presidential immunity
The judge in Donald Trump’s hush money trial is pushing back a date for a key ruling on presidential immunity until two days before Trump’s scheduled sentencing.
The immunity decision had been due Sept. 6, with the sentencing set for Sept. 18. But then Trump’s lawyers asked Judge Juan M. Merchan last week to rule first on their renewed bid to get the judge to step aside from the case.
In a letter made public Tuesday, Judge Juan M. Merchan postponed the immunity ruling to Sept. 16 — if it’s still needed after he decides next week whether to recuse himself.
Merchan said the Republican presidential nominee is still due in court Sept. 18 for “the imposition of sentence or other proceedings as appropriate.”
Source: abcnews.com
If the 2024 Presidential Election were held today, for whom would you vote?
— Political Polls (@Politics_Polls) August 4, 2024
Who has your vote?
— Political Polls (@PpollingNumbers) August 4, 2024