Coming Crash: Blackstone Ready to Buy Up Real Estate- Bannon Found Guilty of Contempt

If you are looking for Friday’s FULL show- Brighteon’s File server is down so I haven’t been able to download it in order to combine it with our 2nd half and upload it. Friday’s 2nd half can be seen on Rumble (see below) and we will upload the full show to all platforms as soon as we can!

In this week’s Headline News: Former White House adviser Stephen K. Bannon was found guilty Friday in federal court in Washington, DC, on both counts of contempt of Congress, after the jury deliberated for about three hours.

Bannon’s defense team, anticipating a possible guilty verdict, had said earlier in the week that they intended to appeal, given that Judge Carl Nichols barred many defenses, including legal challenges to the validity of the subpoenas of the January 6th committee, which he was accused of defying.

Myth Busted: Trump Ordered Officials To ‘Make Sure’ J6 Was ‘Safe Event
The memo details a Jan. 3, 2021 meeting in the White House between Trump, former SecDef Christopher Miller, and Gen. Mark Milley, Chairman of the Joint Chiefs of Staff.

“Mr. Miller and GEN Milley met with the President at the White House at 5:30 p.m.,” reads the IG report. “The primary topic they discussed was unrelated to the scheduled rally. GEN Milley told us that at the end of the meeting, the President told Mr. Miller that there would be a large number of protestors on January 6, 2021, and Mr. Miller should ensure sufficient National Guard or Soldiers would be there to make sure it was a safe event. Gen Milley told us that Mr. Miller responded, ‘We’ve got a plan and we’ve got it covered.'” In news we label as “yeah, we already knew that…” The Department of Justice blocked the release of hundreds of pages of ‘Russiagate’ documents that were declassified by then-president Donald Trump, who wanted to expose FBI abuses against he and his inner circle surrounding the 2016 US election and beyond. After the agency refused, citing last minute ‘privacy concerns,’ they defied a subsequent order to release the materials after redactions were made, according to Just the News, which has obtained a memo from the National Archives written by former White House Chief-of-Staff, Mark Meadows, hours before Trump left office on January 20, 2021 that once housing craters, the largest US residential and commercial landlord – private equity giant Blackstone – is about to get even bigger. That’s when it will deploy some (or all) of the record $50 billion in dry powder it has raised to prepare for just the coming housing crash.

According to the WSJ, Blackstone is in the final stages of raising a new real-estate fund that would set a record as the biggest vehicle of its kind, defying market volatility and a crowded landscape for fundraising. The private-equity giant said in a regulatory filing Wednesday it has closed on commitments totaling $24.1 billion for Blackstone Real Estate Partners X, the latest iteration of its main real-estate fund.
Amid soaring gasoline prices in the second quarter, the eight biggest independent U.S. refiners are set to report later this month a huge 652% sequential jump in their average earnings per share (EPS), according to estimates from investment bank Tudor Pickering Holt & Co cited by The Wall Street Journal.

All refiners and all integrated oil and gas companies are set for a windfall of profits for the second quarter as U.S. gasoline prices soared to the highest ever on record of over $5 per gallon in early June.

The biggest refiners are also expected to generate billions of cash flow from operations as refining margins are at their highest in many years. “We’re seeing margins twice as high as the golden age,” Charles Kemp, a vice president at energy consulting firm Baker & O’Brien Inc, told the Journal. Kemp was referring to the 2004-2007 period, when refiners booked massive profits, too.
In crazy world this week, Seton Hall Law Assistant Dean Brian Sheppard has called for Congress to “buyout” justices by offering them “large sums of money.” If needed, he suggests that President Joe Biden could scrape up the dough to prompt justices to cash in and get out.

NASA Satellite Images Reveal Lake Mead’s Dramatic Water Loss NASA published new satellite images that show a massive drop in water levels over the last two decades at Lake Mead.

“Continuing a 22-year downward trend, water levels in Lake Mead stand at their lowest since April 1937, when the reservoir was still being filled for the first time,” NASA wrote in a press release. The largest artificial reservoir in the US was just 27% full as of Monday, and water levels have been steadily declining since the start of the year, down more than 26 feet to 1,040 feet.

Egg Prices Sky-High As Breakfast Inflation Pressures American Households. According to the Bureau of Labor Statistics, the Consumer Price Index shows food at home prices climbed 10.4% in June over the past year. As if inflation wasn’t enough, one of the worst-ever bird flu outbreaks resulted in the death of more than 30 million commercial and wild birds, reducing egg production capacity.
While Americans are suffering, someone crunched the numbers and found Fauci will be making more in retirement then the president for actually doing a job. All of that and more- ahead!