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  • Coronavirus Uses Same Strategy As HIV To Evade, Cripple Immune System: Chinese Study Finds

    May 27, 2020 | 12:44 pm

    Coronavirus Uses Same Strategy As HIV To Evade, Cripple Immune System: Chinese Study FindsTyler DurdenWed, 05/27/2020 - 06:44Back on February 1, when the coronavirus pandemic was only just starting to attract broader attention and the China-influenced mainstream media was still politically inclined to minimize the severity of the disease before pulling a sharp U-turn and now going full bore with a narrative of just how dangerous it is for the Trump administration to reopen the economy (because if the economy recovers by November, Trump just might get re-elected), we published an article referencing an Arxiv pre-print which found that the covid-19 genome contained "HIV Insertions", stoking fears that the virus was an artificially created bioweapon. While the mere suggestion that this virus was man-made - nevermind sharing discrete segments of its genetic structure with HIV - sparked outrage among the well-paid mercenary enforcers of the First Amendment known as "fact-checkers" who are employed by such biased organizations as Twitter and Facebook to stifle any line of inquiry that runs contrary to whatever dominant narrative has been blessed by the Zuckerbergs and Dorseys of the world, it was none other than the man who discovered the HIV virus back in 1983,[…]

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  • COVID-19 Spreads To Brazil's Offshore Oilfields

    May 27, 2020 | 12:00 pm

    COVID-19 Spreads To Brazil's Offshore Oilfields COVID-19 Spreads To Brazil's Offshore OilfieldsTyler DurdenWed, 05/27/2020 - 06:00Authored by Tsvetana Paraskova via OilPrice.com,At least five oil producers offshore Brazil, including international oil majors and state oil firm Petrobras, have seen COVID-19 infections among offshore workers spike in recent weeks, industry and government sources told Reuters on Tuesday.Brazil’s Petrobras and Enauta Participacoes, as well as Shell, Equinor, and Perenco have registered cases of coronavirus infections among workers or contractors who are sharing confined areas on offshore oil rigs.At the same time, Brazil surpassed Russia last week to become the country with the second-largest number of COVID-19 infections behind the United States. The U.S. moved to ban as of Tuesday the travel of foreign nationals from Brazil into the United States in a temporary move to prevent the spread of COVID-19 from Brazil.According to sources and data from regulators compiled by Reuters, Norwegian major Equinor had around 60 coronavirus cases as of last week, most of which at the Peregrino oilfield, Perenco had 40 cases, while Petrobras had more than 300 workers among staff and contractors with COVID-19.Shell and Enauta had one coronavirus case each, the two companies told Reuters.Petrobras says that it is taking every person’s temperature upon boarding offshore units and has adopted work-from-home as much[…]

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  • Has Globalization Passed Its Peak?

    May 27, 2020 | 11:30 am

    Has Globalization Passed Its Peak? Has Globalization Passed Its Peak?Tyler DurdenWed, 05/27/2020 - 05:30After decades of growth for world trade, global tourism and international cooperation, globalization hit a couple of roadblocks in recent years, as the reemergence of nationalism and protectionism have undone some of the progress made in the past. After global trade growth slowed significantly in 2019, due in large part to trade tensions between the United States and China, the COVID-19 pandemic is expected to cause an unprecedented fall in world trade.According to estimates from the World Trade Organization, world merchandise trade is set to plummet between 13 and 32 percent this year, depending on how quickly the coronavirus is contained and trade can return to pre-crisis levels.“These numbers are ugly – there is no getting around that. But a rapid, vigorous rebound is possible,” WTO Director-General Roberto Azevêdo said in a press release on the matter, while emphasizing the role of free trade on the road to recovery.“Keeping markets open and predictable, as well as fostering a more generally favourable business environment, will be critical to spur the renewed investment we will need. And if countries work together, we will see a much faster recovery than if each country acts alone."As the following chart[…]

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  • Furious Trump Threatens Twitter For "Interfering In The 2020 Presidential Election" After "Misinformation" Fact-Check

    May 27, 2020 | 11:22 am

    Furious Trump Threatens Twitter For "Interfering In The 2020 Presidential Election" After "Misinformation" Fact-Check Furious Trump Threatens Twitter For "Interfering In The 2020 Presidential Election" After "Misinformation" Fact-CheckTyler DurdenWed, 05/27/2020 - 05:22Hours after Twitter slapped a CNN Fact-Check on a Tuesday tweet by President Trump claiming that mail-in-ballots will be "substantially fraudulent," Trump lashed out - accusing Twitter of "now interfering in the 2020 Presidential Election" by "saying my statement on Mail-In Ballots, which will lead to massive corruption and fraud, is incorrect, based on fact-checking by Fake News CNN and the Amazon Washington Post.""Twitter is completely stifling FREE SPEECH, and I, as President, will not allow it to happen!" he added.....Twitter is completely stifling FREE SPEECH, and I, as President, will not allow it to happen!— Donald J. Trump (@realDonaldTrump) May 26, 2020In a statement emailed to Bloomberg, Trump reelection campaign manager Brad Parscale said that Twitter's move to add fact-check links to the two tweets demonstrates the social network's "clear political bias," adding that "Partnering with the biased fake news media ‘fact checkers’ is only a smoke screen Twitter is using to try to lend their obvious political tactics some false credibility."*  *  *Mere hours after Kara Swisher appeared on CNBC to call on Twitter to establish a panel of 'content reviewers'[…]

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  • Coronavirus "Cover-Up" Is China's Chernobyl: White House National Security Adviser

    May 27, 2020 | 11:00 am

    Coronavirus "Cover-Up" Is China's Chernobyl: White House National Security Adviser Coronavirus "Cover-Up" Is China's Chernobyl: White House National Security AdviserTyler DurdenWed, 05/27/2020 - 05:00Authored by Steve Watson via Summit News,The White House national security advisor Robert O’Brien has compared China’s response to the coronavirus outbreak to the Soviet Union’s cover-up of the meltdown at the Chernobyl nuclear power plant.“They unleashed a virus on the world that’s destroyed trillions of dollars in American economic wealth that we’re having to spend to keep our economy alive, to keep Americans afloat during this virus,” O’Brien said in an NBC interview.“The cover-up that they did of the virus is going to go down in history, along with Chernobyl.” O’Brien added.“We’ll see an HBO special about it 10 or 15 years from now.” he urged, referring to the recent award winning dramatisation of the 1986 disaster.“This is a real problem and it cost many, many thousands of lives in America and around the world because the real information was not allowed to get out,” O’Brien further proclaimed.“It was a cover-up. And we’ll get to the bottom of it eventually.” O’Brien asserted.O’Brien’s comments come as Shi Zhengli, the the deputy director of the Wuhan Institute of Virology, warned that COVID-19 is ‘just the tip of the[…]

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  •  ‪'The Last Safe-Place On Earth'? Will This Plague-Free Polynesian Paradise Plunge Into Recession

    May 27, 2020 | 10:15 am

     ‪'The Last Safe-Place On Earth'? Will This Plague-Free Polynesian Paradise Plunge Into Recession  ‪'The Last Safe-Place On Earth'? Will This Plague-Free Polynesian Paradise Plunge Into RecessionTyler DurdenWed, 05/27/2020 - 04:15The Cook Islands, a tourism-dependent economy in the South Pacific, has seen a plunge in international visitors because it chose to protect its people over money, reported Bloomberg. The tiny island nation (consisting of 15 islands scattered over a vast area), with strong political connections to New Zealand, canceled all cruise ships and banned international flights early on in the COVID-19 outbreak."People, not money," Prime Minister Henry Puna said in early May, which came at a grave economic cost of collapsing its $300 million tourism-dependent economy. Puna's plan to isolate the islands has worked so far, as there are no confirmed virus cases or deaths. As a result of the policy, the islands are likely the last safest-place on Earth, where one does not have to worry about COVID-19 carriers. Diving into the tourism data, ANZ Bank expects the country won't see any international travelers through June, which has caused its GDP to collapse by 60%. Since tourism accounts for 66% of the economy, a return to normal could take time, said Kishti Sen, an economist at the bank. He said, "2020 will be a very difficult year for the Cook Islands given a shutdown of global[…]

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  • France's Determination To End Free Speech Knows No Limits

    May 27, 2020 | 09:30 am

    France's Determination To End Free Speech Knows No Limits France's Determination To End Free Speech Knows No LimitsTyler DurdenWed, 05/27/2020 - 03:30Authored by Judith Bergman via The Gatestone Institute,On May 13, the French parliament adopted a law that requires online platforms such as Facebook, Google, Twitter, YouTube, Instagram and Snapchat to remove reported "hateful content" within 24 hours and "terrorist content" within one hour. Failure to do so could result in exorbitant fines of up to €1.25 million or 4% of the platform's global revenue in cases of repeated failure to remove the content.The scope of online content deemed "hateful" under what is known as the "Avia law" (after the lawmaker who proposed it) is, as is common in European hate speech laws, very broadly demarcated and includes "incitement to hatred, or discriminatory insult, on the grounds of race, religion, ethnicity, gender, sexual orientation or disability".The French law was directly inspired by Germany's controversial NetzDG law, adopted in in October 2017, and it is explicitly mentioned in the introduction to the Avia law."This law proposal aims to combat the spread of hate speech on the internet," it is stated in the introduction to the Avia law."No one can dispute the exacerbation of hate speech in our society... the attack[s] on others for what they are, because of their origins, their religion, their[…]

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  • Over 40% Of Brits Claim They've "Changed For The Better" During Lockdowns

    May 27, 2020 | 08:45 am

    Over 40% Of Brits Claim They've "Changed For The Better" During Lockdowns Over 40% Of Brits Claim They've "Changed For The Better" During LockdownsTyler DurdenWed, 05/27/2020 - 02:45A new study revealed that 43% of people feel they've "changed their ways for the better" as a result of the extra time they had during coronavirus lockdowns. Many found new habits and activities -- including creating podcasts, learning to code, and exercising. The study, commissioned by LG Electronics, polled nearly 2,000 British adults of how their daily lives were transformed because of the lockdowns. About half of the respondents said they would maintain the newly acquired hobbies, skills, and daily habits in a post-corona world.Learning new computer skills, creating podcasts, participating in online fitness classes, and walking outside were some of the top activities people turned to during lockdowns. It was increasingly evident that technology played a significant role in occupying people's time: 54% said they couldn't function without a computer, 64% said smartphones were critical, and 57% couldn't do without television. "The fact that many people are forming productive and healthy new habits is testament to the nation's ability to adjust," Hanju Kim, IT product director at LG UK, said in a statement. "The nation is working from home and has an appetite to continue working flexibly even after offices reopen. A big part of this can be attributed to technology keeping[…]

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  • Trump Slams Libya "Foreign Interference" & Urges "Rapid De-escalation" In Erdogan Call

    May 27, 2020 | 08:00 am

    Trump Slams Libya "Foreign Interference" & Urges "Rapid De-escalation" In Erdogan Call Trump Slams Libya "Foreign Interference" & Urges "Rapid De-escalation" In Erdogan CallTyler DurdenWed, 05/27/2020 - 02:00Authored by Jason Ditz via AntiWar.com,After weeks of military gains by Libya’s Government of National Accord (GNA), President Trump has called for a deescalation during his phone call with Turkey’s President Erdogan. Turkey is the GNA’s only foreign ally.This is bound to once again raise questions about the US position. Nominally the US is backing the GNA, but at times Trump has expressed support for their enemy, the Libyan National Army (LNA). The deescalation would be seen as bailing out the LNA from recent losses.Image: AFP“President Trump reiterated concern over worsening foreign interference in Libya and the need for rapid de-escalation,” White House spokesman Judd Deere said in a statement.The LNA has a lot of foreign allies, from France and Russia to virtually the whole list of Gulf Arab states. LNA leader Khalifa Hafter, was a CIA asset in the past, and the US has criticized Russia for being too close with him, despite their own long history of backing him.Reuters reports:As the LNA has promised to respond with a massive air campaign, diplomats have warned of the risk of a new round of escalation with the warring[…]

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  • Is War Next?

    May 27, 2020 | 06:05 am

    Is War Next? Is War Next?Tyler DurdenWed, 05/27/2020 - 00:05Authored by James Rickards via The Daily Reckoning,Remember the pro-democracy protests in Hong Kong against Chinese authoritarianism?Well, guess what? They’re about to start again.And U.S.-Chinese relations could get even worse than they are right now.Are you prepared for a bumpy ride?Let’s unpack this…Last year’s protests came in response to a proposed law that would have allowed the extradition of Hong Kong residents to Beijing for trial on charges that arose in Hong Kong.That would have deprived Hong Kong residents of legal protections in local law and subjected prisoners to torture and summary execution.The legislation was proposed by Hong Kong’s Chief Executive Carrie Lam, who many consider a puppet of Beijing.The demonstrations grew exponentially, ultimately involving hundreds of thousands of protesters.The list of demands also grew to include more democracy and freedom and adherence to Hong Kong’s rule of law.Due to social media, these protests were seen around the world.The proposed bill behind the original protests was scrapped last October, which was a victory for the pro-democracy protesters.The protests didn’t end altogether, but tensions were at least diffused to a great extent and the world moved on.Well, here comes round two…China’s Communist parliament is preparing[…]

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  • Visualizing How US Consumers Are Spending Differently During COVID-19

    May 27, 2020 | 05:45 am

    Visualizing How US Consumers Are Spending Differently During COVID-19 Visualizing How US Consumers Are Spending Differently During COVID-19Tyler DurdenTue, 05/26/2020 - 23:45In 2019, nearly 70% of U.S. GDP was driven by personal consumption. However, as Visual Capitalist's Iman Ghosh notes, in the first and second quarters of 2020, the COVID-19 pandemic has initiated a transformation of consumer spending trends as we know them.Consumer Spending in ChartsBy leveraging new data from analytics platform 1010Data, today’s infographic dives into the credit and debit card spending of five million U.S. consumers over the past few months.Let’s see how their spending habits have evolved over that short timeframe:The above data on consumer spending, which comes from 1010Data and powered by AI platform Exabel, is broken into 18 different categories: General Merchandise & Grocery: Big Box, Pharmacy, Wholesale Club, Grocery Retail: Apparel, Office Supplies, Pet Supplies Restaurant: Casual dining, Fast casual, Fast food, Fine dining Food Delivery: Food delivery, Grocery Delivery, Meal/Snack kit Travel: Airline, Car rental, Cruise, Hotel It’s no surprise that COVID-19 has consumers cutting back on most of their purchases, but that doesn’t mean that specific categories don’t benefit from changes in consumer habits.Consumer Spending Changes By CategoryThe onset of changing consumer behavior can be observed from February 25, 2020, when compared year-over-year (YoY).As of May[…]

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  • Trump's "Keyboard Warriors" Get The Story While The Legacy Media Ignores #Obamagate

    May 27, 2020 | 05:25 am

    Trump's "Keyboard Warriors" Get The Story While The Legacy Media Ignores #Obamagate Trump's "Keyboard Warriors" Get The Story While The Legacy Media Ignores #ObamagateTyler DurdenTue, 05/26/2020 - 23:25Submitted by Thomas FarnanCrowdStrike – the forensic investigation firm hired by the Democratic National Committee (DNC) to inspect its computer servers in 2016 – admitted to Congressional investigators as early as 2017 that it had no direct evidence of Russian hacking, recently declassified documents show.CrowdStrike’s president Shawn Henry testified, “There’s not evidence that [documents and emails] were actually exfiltrated [from the DNC servers]. There’s circumstantial evidence but no evidence that they were actually exfiltrated.”This was a crucial revelation because the thousand ships of Russiagate launched upon the positive assertion that CrowdStrike had definitely proven a Russian hack.This sworn admission has been hidden from the public for over two years, and subsequent commentary has focused on that singular outrage.The next deductive step, though, leads to an equally crucial point: Circumstantial evidence of Russian hacking is itself flimsy and collapses when not propped up by a claim of conclusive forensic testing.THE COVER UP.On March 19, 2016, Hillary Clinton’s campaign chairman, John Podesta, surrendered his emails to an unknown entity in a “spear phishing” scam. This has been called a “hack,” but it was not.  Instead, it is was[…]

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  • Grenell Declassifies Flynn-Kislyak Calls On Last Day As Acting DNI

    May 27, 2020 | 05:05 am

    Grenell Declassifies Flynn-Kislyak Calls On Last Day As Acting DNI Grenell Declassifies Flynn-Kislyak Calls On Last Day As Acting DNITyler DurdenTue, 05/26/2020 - 23:05In his last act as Acting Director of National Intelligence, Richard Grenell declassified the transcripts of intercepted phone calls between former National Security Adviser Michael Flynn and former Russian Ambassador to the US, Sergey Kislyak.The now-declassified transcripts are in the hands of his successor, former Rep. John Ratcliffe (R-TX), who was sworn in on Tuesday after the Senate confirmed him last Thursday by a vote of 49-44. Ratcliffe will decide whether they are released to the public, according to the New York Post.Grenell said last week that he was in the process of declassifying the transcripts after House Intelligence Committee Chairman Adam Schiff (D-CA) made a written request for Grenell to do so, who was joined by Rep. Eric Swalwell (D-CA) - to which Grenell replied "Those are coming. It's very important for the public to see ALL of them," adding "For too long the public has been misled. Just compare your committee's transcripts to your public statements!"Those are coming. It’s very important for the public to see ALL of them. For too long the public has been misled. Just compare your committee’s transcripts to your public[…]

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  • China Is Its Own Worst Enemy

    May 27, 2020 | 04:45 am

    China Is Its Own Worst Enemy China Is Its Own Worst EnemyTyler DurdenTue, 05/26/2020 - 22:45Authored by Brahma Chellaney via Project Syndicate,The global backlash against China over its culpability for the international spread of the deadly coronavirus from Wuhan has gained momentum in recent weeks. And China itself has added fuel to the fire, as exemplified by its recent legal crackdown on Hong Kong. From implicitly seeking a political quid pro quo for supplying other countries with protective medical gear, to rejecting calls for an independent international inquiry into the virus’s origins until a majority of countries backed such a probe, the bullying tactics of President Xi Jinping’s government have damaged and isolated China’s communist regime.The backlash could take the form of Western sanctions as Xi’s regime seeks to overturn Hong Kong’s “one country, two systems” framework with its proposed new national-security laws for the territory, which has been wracked by widespread pro-democracy protests for over a year. More broadly, Xi’s overreach is inviting increasing hostility among China’s neighbors and around the world.Had Xi been wise, China would have sought to repair the pandemic-inflicted damage to its image by showing empathy and compassion, such as by granting debt relief to near-bankrupt Belt and Road Initiative partner countries and providing medical aid to poorer countries[…]

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  • Chinese Yuan Suddenly Tumbling

    May 27, 2020 | 04:32 am

    Chinese Yuan Suddenly Tumbling Chinese Yuan Suddenly TumblingTyler DurdenTue, 05/26/2020 - 22:32Just after 9:45pm ET the offshore yuan - the one which is not subject to the PBOC's trading band limits - tumbled, plunging 250 pips in minutes.The move was unexpected, following a stronger than expected setting of the USDCNY by the PBOC, whose midpoint was set at 7.1092, far stronger than the 7.1220 expected and the 12 year low of 7.1293 hit on Tuesday. The drop comes just hours after Bloomberg reported that Trump administration was considering sanctions including transaction controls, and asset freezes, over the implementation of the new national security law in Hong Kong.While the offshore yuan is not at all time lows yet - it would need to hit around 7.20 for that - there has been no news to justify the move, with the sudden move sparking speculation that Beijing may be using it to telegraph the devaluation that could follow should the US escalate aggressively in response to a Hong Kong crackdown.Here, once again, is a reminder from Rabobank's Michael Every why in the current environment of escalating hostility between the US and China, the only thing that matters is the Yuan, and why in the not too[…]

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  • "I'm Looking For The Truth!" - Experts Slam States For 'Misrepresenting' COVID-19 Data As Outbreak Recedes

    May 27, 2020 | 04:25 am

    "I'm Looking For The Truth!" - Experts Slam States For 'Misrepresenting' COVID-19 Data As Outbreak Recedes "I'm Looking For The Truth!" - Experts Slam States For 'Misrepresenting' COVID-19 Data As Outbreak RecedesTyler DurdenTue, 05/26/2020 - 22:25For better or worse, every state in the US is pushing ahead with plans to reopen their economies. On Tuesday afternoon, California Gov. Gavin Newsom announced that retailers across the state would be allowed to reopen immediately, along with barbershops and salons in some counties. Later this week, Texas and a handful of other states will enter "phase 2" of their reopening plans.But while the spike in new cases and deaths has decidedly not materialized - the number of new cases confirmed across the US tumbled to its lowest level in 2 months on Tuesday - a handful of states have still be called out for meddling or distorting the data before it was presented to the public to help justify plans to reopen before satisfying the federal guidelines released by the Trump Administration back in April.Former Obama-era CDC Director Tom Frieden, a near-constant voice on cable news like MSNBC and CNN, has regularly bashed states like Georgia for allegedly putting President Trump's reelection prospects before people's lives. But Frieden - one of many officials who proclaimed that the White House[…]

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  • Psychiatrists Wrote 86% More Prescriptions For Psychotropic Drugs During Lockdown Months

    May 27, 2020 | 04:05 am

    Psychiatrists Wrote 86% More Prescriptions For Psychotropic Drugs During Lockdown Months Psychiatrists Wrote 86% More Prescriptions For Psychotropic Drugs During Lockdown MonthsTyler DurdenTue, 05/26/2020 - 22:05Authored by Paul Joseph Watson via Summit News,Psychiatrists wrote 86% more prescriptions for psychotropic drugs, including antidepressants, during the lockdown months of March and April compared to January and February, it has been revealed.“Prescriptions for anti-anxiety medications and sleep aids have risen during the pandemic, prompting doctors to warn about the possibility of long-term addiction abuse of the drugs,” reports the Wall Street Journal.According to Ginger, an organization that provides mental health services to companies, compared to January and February of this year, prescriptions for psychotropics, most of which were antidepressants, were up 86% for the months of March and April.The stress of unemployment, social isolation and health concerns are all cited by Americans who say the lockdown is having a serious impact on their mental health.Pharmacy group Express Scripts also revealed that prescriptions for anti-anxiety medications were up 34.1% between mid-February and mid-March, while prescriptions for antidepressants increased 18.6%.The numbers emphasize the significant mental health toll created by the lockdown which will reverberate for many years to come.As we highlighted yesterday, Doctors at John Muir Medical Center in Walnut Creek, California say they have recorded more deaths[…]

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  • Barry Ritholtz, Author Of "Bailout Nation", Gets A Bailout

    May 27, 2020 | 03:25 am

    Barry Ritholtz, Author Of "Bailout Nation", Gets A Bailout Barry Ritholtz, Author Of "Bailout Nation", Gets A BailoutTyler DurdenTue, 05/26/2020 - 21:25Authored by Mike Shedlock via MishTalk,Barry Ritholtz, Author of Bailout Nation, just got a bailout.Please note the $1.3 billion Ritholtz Wealth Firm Takes Out a PPP Loan.Count Ritholtz Wealth Management among the $1bn-plus RIAs which have taken out government-backed coronavirus relief loans.Reformed Broker Under PressureThe RIA’s chief executive, Josh Brown had this to say in a Reformed Broker blog post.We qualified for the SBA-backed payroll protection loan after submitting our information and attestations. Two and a half months worth of employee payroll. I’m never comfortable taking on debt, but I’m even less comfortable about the idea of having to let people go. I would never be able to look myself in the mirror again if I had made that promise and didn’t back it up with action.Thank you, Chase Bank! Thank you, SBA! It’s the news I needed and it came at the right time. Many of our peers of a similar size and employee headcount throughout the industry were able to make use of the program too. Being able to assure the firm that we’re keeping everyone and honoring all of our financial commitments meant everything in the moment.Thank You Chase[…]

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  • Total Chaos: Chicago Sees Deadliest Memorial Day Weekend In Years Despite Stay-At-Home Orders

    May 27, 2020 | 03:05 am

    Total Chaos: Chicago Sees Deadliest Memorial Day Weekend In Years Despite Stay-At-Home Orders Total Chaos: Chicago Sees Deadliest Memorial Day Weekend In Years Despite Stay-At-Home OrdersTyler DurdenTue, 05/26/2020 - 21:05Shockingly, or perhaps not so-, Chicago just witnessed its deadliest Memorial Day weekend since 2015 despite a coronavirus stay-at-home order. As one crime analyst observed, “They (gangs) are not particularly deterred by the risks of being out there,” as cited in ABC. “Of all the things they are likely to be worried about COVID is way down the list.”The long warm weather weekend (crimes tend to spike over hot weather holiday weekends) saw a total of 49 people shot from Friday afternoon through Monday evening. Ten among these were killed. Included were shootings that even occurred midday and at frequented intersections, including a 15-year old boy shot and left in critical condition after getting into an argument with the driver of an SUV on Saturday morning. In another instance, a teenage girl was grazed in the leg as shots range out nearby.File image via NBC ChicagoTypically Chicago police hit the streets Memorial Day weekend with an extra 1,000 officers in addition to their regular patrol numbers. This after last weekend included 38 total shootings, including six people killed in gun violence throughout the city."The violence throughout the city on Memorial Day weekend[…]

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  • Neil Howe: Expect Creative Destruction In This Fourth Turning

    May 27, 2020 | 02:45 am

    Neil Howe: Expect Creative Destruction In This Fourth Turning Neil Howe: Expect Creative Destruction In This Fourth TurningTyler DurdenTue, 05/26/2020 - 20:45Authored by Adam Taggart via PeakProsperity.com,mNeil Howe, demographer and co-authour of the book The Fourth Turning, returns to the podcast this week. In our prior interviews with him, we’ve explored his study of generational cycles (“turnings”) in America which reveal predictable social trends that recur throughout history and invariably result in transformational crisis (a “fourth turning”).Fourth turnings are characterized by a growing demand for social order, yet supply of it remains weak. The emergence of the surveillance state, a perpetual war machine, increased intervention in failing markets by the central planners, greater government control of critical systems like health care and the Internet — all of these are classic fourth turning signs of the desperation authorities exert as they lose control.History shows time and time again that such overreach ends in rejection of the current order, usually via violent revolution.Now that we’re roughly halfway through the current Fourth Turning and things have really started to unravel here in 2020, we’ve asked Neil back on the program to update us on what to expect next:During times of peace and prosperity, inequality over time always increases. It always increases. There are only four things which reduced[…]

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  • Watch: Venezuela Sends Large Fighter Jet Escort For Tankers As Iran's Flag Flies Over Caracas

    May 27, 2020 | 02:25 am

    Watch: Venezuela Sends Large Fighter Jet Escort For Tankers As Iran's Flag Flies Over CaracasTyler DurdenTue, 05/26/2020 - 20:25To pretty much everyone's surprise it appears the five Iranian gasoline tankers will be able to offload their fuel to Venezuela without incident, despite US threats to thwart what Washington sees as illicit sanctions-busting. It remains that the return trip could be a different story, however. Dramatic video emerged early this week showing the first couple of tankers' arrivals within Venezuelan coastal waters, accompanied by what appeared a large Venezuelan military escort, as Maduro officials promised. First tanker to successfully arrive, the Fortune, docked by Monday, while all are now reported in Caribbean waters, with the second vessel soon to reportedly to dock as well, already safely within Venezuela's Exclusive Economic Zone.Venezuelan military Sukhoi 30MK2 and F-16 aircrafts escort Iran's second tanker on its journey to a Venezuelan port. pic.twitter.com/tfGFLNMzo9— Camila (@camilateleSUR) May 26, 2020According to multiple widely circulating videos, Maduro's military deployed multiple warships to escort the tankers along with what appears at least a half-dozen Russian-produced fighter jets and F-16s. No doubt the Pentagon and Trump administration has monitored the images closely. There were growing fears of a 'tanker war' Caribbean-style given that last month Trump[…]

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  • "Historic Opportunity": Israel Reveals Date Of Planned West Bank Annexation

    May 27, 2020 | 02:05 am

    "Historic Opportunity": Israel Reveals Date Of Planned West Bank Annexation "Historic Opportunity": Israel Reveals Date Of Planned West Bank AnnexationTyler DurdenTue, 05/26/2020 - 20:05Via AlmasdarNews.com,The head of the Governmental Coalition in Israel, Mickey Zohar, revealed that the measures to legislate the process of imposing Israeli sovereignty on all Jewish residential communities in the West Bank will begin in early July.The Likud MP said in a radio interview on Tuesday, that the government will approve the draft law on this, and then it will be submitted to the Knesset for approval, expecting that these measures will continue for only a few weeks.Israeli checkpoint near Jerusalem, via The Jerusalem Post.Representative Zohar announced that the concerned authorities are currently working on mapping in order to reach understandings with the American administration about the areas that Israel will impose their sovereignty over in the West Bank.In response to a question about whether the White House would insist on the establishment of a Palestinian state in exchange for the annexation, the head of the government coalition said: “He opposes this demand, expressing his conviction that Israel will not give up the annexation in any case.”He stressed that the government would also not agree to freezing construction work in isolated residential compounds in the occupied West[…]

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  • Summer Driving Season Starts Off With A Whimper... And A 30% Drop

    May 27, 2020 | 01:56 am

    Summer Driving Season Starts Off With A Whimper... And A 30% DropTyler DurdenTue, 05/26/2020 - 19:56It may be time to start shorting oil again.Memorial Day Weekend, which was closely watched by economists for signs of reopening "green shoots" and an acceleration in the US recovery, ended up being a huge dud. Because while beaches were mostly open and states across the country emerged from lockdowns, Bloomberg notes that demand for gasoline ended up falling over the Memorial Day holiday weekend, not only compared to a year prior but also to last week!While gasoline consumption was expected to jump to reflect the "pent up" traveling, gasoline demand actually fell 1.34% from Thursday to Monday of the holiday weekend compared to the week prior, Patrick DeHaan, an analyst at GasBuddy, said in a tweet Tuesday. Worse, consumption on Monday fell 0.5% from the week prior, and was a whopping 25% to 35% lower compared with the long weekend a year earlier.In short, if this is a sign of what to expect from gasoline consumption over the summer, it will be a very painful time for refiners and oil producers.BREAKING: GasBuddy gasoline demand data shows Monday gasoline demand -0.5% from the Monday prior.[…]

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  • India Expands Use Of HCQ To Prevent Coronavirus Based On Three Studies

    May 27, 2020 | 01:45 am

    India Expands Use Of HCQ To Prevent Coronavirus Based On Three Studies India Expands Use Of HCQ To Prevent Coronavirus Based On Three StudiesTyler DurdenTue, 05/26/2020 - 19:45India will continue using hydroxychloroquine (HCQ) as a preventative measure against COVID-19, after the Indian Council of Medical Research (ICMR) declared on Tuesday that the drug was found to be very effective with minimal side effects for prophylaxis.The ICMR's decision was based on three studies they conducted, which resulted in a Friday advisory to expand the drug's use, according to ThePrint.Speaking at a Tuesday press conference, ICMR Director General Dr. Balram Bhargava said "COVID-19 is an evolving field. We don’t know which medicines are working and which are not. There are lots of drugs that have been repurposed for use in COVID whether prophylaxis or as treatment. HCQ is a very old anti-malarial drug that was being widely used and it continues to be widely used. It is safer.""We did some invitro study in labs and found that it has antiviral properties. This drug became suddenly popular when the American government also started using it and they got-fast track approval or emergency use authorisation. We also thought that it may be a useful drug for prevention of COVID," he added.India's decision to increase the use[…]

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  • Apology Day

    May 27, 2020 | 01:25 am

    Apology Day Apology DayTyler DurdenTue, 05/26/2020 - 19:25Authored by Jacob Hornberger via The Future of Freedom Foundation,On Memorial Day yesterday, Americans were called upon to remember the American soldiers who have been killed in America’s many foreign wars. U.S. interventionists should have also used the day to apologize not only to the families of those veterans but also to the families who lost loved ones as a consequence of U.S. interventionism in their countries.Let’s begin with the obvious.Ever since interventionists turned America toward empire and foreign control and domination in the Spanish American War in 1898, there has been no nation-state that has invaded the United States. There is a simple reason for that: No nation-state in Europe, Africa, and Asia has the money, armaments, personnel, equipment, supplies, or even the interest in crossing the ocean and invading the United States. Moreover, at the risk of belaboring the obvious, the same holds true for Canada and Latin American countries.While U.S. interventionism includes Latin America, America’s deadliest foreign wars have been waged “over there” — in countries thousands of miles away from American shores. Since none of them involved an invasion of the United States, none of them can be said to be[…]

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  • Aliens Told Engineer Secret To Eternal Life

    May 26, 2020 | 15:43 pm

    George Van Tassel is one of the most interesting figures in ufology. In the 1950s, the aeronautical mechanic claimed extraterrestrial beings showed him how to build a device that could bestow longevity. Extending the human life span was important, said the aliens because by the time people had lived long enough to begin to understand […]

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  • China Moves Against Hong Kong

    May 26, 2020 | 15:20 pm

    I suppose it was bound to happen eventually.  At the time the British lease on the Island expired in 1997, the Beijing government promised to respect and retain Hong Kong’s democratic policies.  It was part of what they dubbed a “One country, two systems” philosophy. It has been working pretty well for a lot of […]

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  • One BIG ATTA BOY for President Trump!

    May 21, 2020 | 23:52 pm

    No wonder the Obama’s hate President Trump. Good news is always sweet, especially when even Snopes will verify the same. Snopes says our President Donald Trump did indeed send Obama a bill for all the vacations he has gone on since leaving office… It’s no wonder ex-President Obama’s last speech went after President Trump. Obama’s […]

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  • Trump 2020 Campaign Ad Blasts Clinton and Globalists

    May 21, 2020 | 23:46 pm

    Incumbent Republican President Donald Trump is stumping for re-election in November 2020 with a Call to Action: replace a failed and corrupt political establishment with a new government controlled by Us, the American People. This was a major plank in Trump’s winning 2016 campaign and many of his supporters see his success and approve of […]

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  • Do Thunderstorms Trigger Paranormal Activity?

    May 20, 2020 | 20:12 pm

    Do thunderstorms increase paranormal activity? The question is an intriguing one I hadn’t previously considered. Could weather conditions influence forces normally unperceived, exposing them to human experience, or is the entire notion balderdash? It turns out many metaphysicists have noticed a rise in all sorts of paranormal manifestations, including ghosts and angels, when the skies […]

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  • Is it Possible to Stop the New World Order?

    May 20, 2020 | 19:36 pm

    Whether you realize it or not, there is something big cooking in the world kitchen! We are all a part of a huge system that is not only planning new ways to control the overall population, but it’s also working diligently on new ways to lessen that same population. It makes sense when you think […]

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  • The Royal Reign of Queen Pelosi

    May 18, 2020 | 20:33 pm

    House Speaker Nancy Pelosi is a Democrat because she is an autocrat – a person who believes that a few elitists should rule over the masses.  Democrats believe in big powerful regulatory governments.  That, by definition, is autocracy.  She is not just AN autocratic, she is the premier Autocrat. If the United States were a […]

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  • Listening to Reporters can be Hazardous to Your Brain

    May 18, 2020 | 20:22 pm

    We have heard repeatedly that we should listen to the medical professionals – especially those with an overview of the Covid-19 crisis. Two individuals are widely recognized as the best authorities on the subject.  They are Dr. Anthony Fauci and Dr. Deborah Birx.  They are not only the leading authorities on the subject, but they […]

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  • NM Governor Orders Total Military Lockdown!

    May 14, 2020 | 16:11 pm

    For the first time in U.S. history, on May 12, 2020, the Governor of New Mexico has locked down an entire city, telling residents they cannot drive on the roads. Travel has ceased within the municipality with no one allowed in or out. Gov. Michelle Lujan Grisham (D) responded to a request from the Mayor […]

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  • The Bizarre Case of the Georgia Werewolf

    May 13, 2020 | 23:08 pm

    Lycanthropes or werewolves have been the stuff of legend for centuries. Those legends have led to decades of iconic Hollywood howlers, from 1941’s classic “The Wolf Man,” to Michael Jackson’s award-winning Thriller video. The idea that people can change into something horrific due to the influence of the moon is at the roots of words […]

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