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our mission: to widen the scope of financial, economic and political information available to the professional investing public. to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become. to liberate oppressed knowledge. to provide analysis uninhibited by political constraint. to facilitate information's unending quest for freedom.

Zerohedge

Turn Over Routers Or Face Subpoenas, Arizona Lawmakers Tell Maricopa County

Submitted by Zachary StieberVotes are counted by staff at the Maricopa County Elections Department office in Phoenix, Ariz., on Nov. 5, 2020. Legislators in Arizona and officials in the state’s largest county clashed anew this week over election audit subpoenas, with county officials refusing to hand over routers and claiming they do not have passwords to access administrative control functions of election machines.Arizona’s Senate told Maricopa County on Friday that it would issue subpoenas...

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Justice Dept. Proposes New Rule To Serialize “Ghost Gun” Kits 

President Biden has promised to defeat the National Rifle Association and wage war on ghost guns in his first hundred days. He appears to be making good on both, as the Justice Department on Friday released a proposed rule that changes the definition of a firearm to require 80% lower kits to include serial numbers, according to AP News. The proposed rule change comes as President Biden has declared war on "ghost guns." These weapons have unserialized lower receivers (the regulated part of a...

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Beijing’s Elusive Bid For Pricing Power On Rare Earths

Authored by Damien Ma via MacroPolo.org,From ventilator and chip shortages to what kind of ships traverses through which canals, the linkages and nodes of the global economy have rarely been in the spotlight as much as they have over the last 12 months. Many of these disruptions are short-term ones, but they have also brought attention to longstanding challenges of supply chain resilience and dependence.   One of those challenges is that of China’s grip on rare earth elements (REEs),...

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NATO Allies “Take Over” Black Sea For Military Exercises

Authored by Rick Rozoff via AntiWar.com,The title is courtesy of the Hungary-based Transylvania Now news site. The Pentagon’s Special Operations Command Europe kicked off the Trojan Footprint 21 exercise on May 3; what is identified as its premier special operations forces drills.The war games will be held until May 14 in five Black Sea and Balkans nations: Bulgaria, Georgia, Montenegro, North Macedonia and Romania. Special forces from the U.S. – all branches of the armed forces including...

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Chinese Military Discussed Weaponizing COVID In 2015 ‘To Cause Enemy’s Medical System To Collapse’

In 2015, Chinese military scientists discussed how to weaponze SARS coronaviruses, five years before the COVID-19 pandemic emerged in Wuhan, China - where CCP scientists were collaborating with a US-funded NGO on so-called 'gain of function' research to make bat coronaviruses infect humans more easily.In a 263-page document, written by People's Liberation Army scientists and senior Chinese public health officials and obtained by the US State Department during its investigation into the...

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Dollar Stores Dominate US Retail Store Openings 

The wildly uneven US economic recovery since the virus pandemic began in early 2020 has given rise to dangerous levels of inequality, otherwise known as the "K-shaped" recovery. The "K" represents an immediate recovery for the rich but continued economic hardships for the working poor. Payrolls are still millions of jobs short of pre-COVID levels, and millions of others continue collecting stimulus checks. Corporate America understands this souring picture and has found a way to capitalize on...

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New York Baseball Stadiums To Seat Fans in Separate Vaccinated And Unvaccinated Sections

By Zachary Stieber of The Epoch TimesThe Houston Astros play the New York Yankees during the third inning of a baseball game in New York on May 4, 2021People who have not received a COVID-19 vaccine will be seated separately from those who have in two major baseball stadiums in New York, officials announced this week. The segregation will be enforced at Fans at Citi Field and Yankee Stadium, home to Major League Baseball’s New York Mets and New York Yankees.“There are going to be separate...

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Ethereum Soars To Record High Above $3,800 As JPMorgan Lays Out 6 Reasons Why Explosive Move Will Continue

Back on April 25, we quoted a prominent billionaire VC who said that "Ethereum is the world's most interesting trade right now" and we predicted that "Ethereum Is About To Make An Epic Breakout Over Bitcoin."That's exactly what happened: two weeks later, and one report from FundStrat's Tom Lee putting out a $10,500 price target on Ethereum (and $100,000 on bitcoin)..... and ethereum has returned 66% to bitcoin's paltry 16%, a 4x outperformance which even to the most jaded traders constitutes...

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US Troops Accused Of Pillaging Syrian Grain Silos As Russia Warns Of Increased Occupation

Syrian and Russian state sources are reporting late this week that Russia's Defense Ministry is expressing anger over what it described as noticeably increased American military activity in Syria's northeast region, particularly an uptick in military equipment and troop deployments to the al-Jazeera area.The Russian Coordination Center in Hmeimim cited the increased air and land transport of American military hardware as part of the continuing violation of Syria's sovereignty intended to...

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The Dynamics Behind America’s Ugly Amount Of Empty Office Space

Authored by Wolf Richter via WolfStreet.com,This sort of sudden structural collapse in demand for office space raises some existential questions for landlords...Companies are not massively defaulting on their office leases, and that’s the good thing. But they have put a historic amount of vacant office space on the sublease market, while continuing to pay rent to the landlord. They decided they no longer need that much space, now that some form of flexible work, or hybrid work-from-home, or...

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