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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.

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Stanford Study: Most Mass Shooters Have Undiagnosed Psychiatric Illnesses

Authored by Steve Watson via Summit News,Researchers from the Stanford University School of Medicine have published a study that reveals most of the perpetrators of mass shootings in America are people with undiagnosed psychiatric disorders.The study focused on 115 assailants of shootings committed between 1982 and 2019, and then narrowed that number down to ones who survived.“We found that most mass shooters in our study experienced undiagnosed and unmedicated psychiatric illness,” the...

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Texas Electricity Prices Explode With Power Grid On Verge Of Another Meltdown

Goldilocks will not be pleased. Texas power prices infamously exploded higher during the frigid temperatures of the February winter storm that crippled so much of the state; and this time, amid blisteringly hot temperatures, Texas power prices are exploding higher once again as The Electric Reliability Council of Texas (ERCOT) asks Texans to reduce electric use as much as possible today through Friday, June 18.ERCOT issued the following Conservation Alert: A significant number of forced...

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Greenwald: The Enduring False Narrative About The PULSE Massacre Shows The Power Of Media Propaganda

Authored by Glenn Greenwald via greenwald.substack.comDemocratic presidential candidate former Secretary of State Hillary Clinton visits the site of Pulse, a nightclub in Orlando where 49 people were killed on June 12th shooting by a single gunman, July 22, 2016 in Orlando, Florida. (Photo by Brooks Kraft/Getty Images)On the fifth anniversary of the PULSE nightclub massacre in Orlando, numerous senators, politicians and activist groups commemorated that tragic event by propagating an absolute...

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Goldman: Imagine You Were Stuck On A Deserted Island For The Past Couple Of Years

By Tony Pasquariello, global head of hedge fund coverage for Goldman Sachs' Global Markets DivisionImagine if you had been stuck on a desert island for the past couple of years.  when back at your control center, you ring up GS for a quick check-down on what you (and, your trusty pal Wilson) missed while lost at sea. towards the end of the narrative -- which details the greatest economic collapse since the Depression, followed by the fastest economic recovery in American history -- your...

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Here Comes Another Retail Sales Miss

Bank of America's economists have been on a roll in the past four months.Back in February, the bank looked at its credit and debit card spending data and concluded that consensus was far, far too low, predicting that the stimmy-fueled January retail sales print would be above 4.1%.Not only was BofA's outlier forecast right, but the headline retail sales number came in even higher: at a whopping 5.3%, nearly 5x higher than the consensus estimate of a 1.1% rise.One month later, when the Wall...

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Putin Denies “Never-Ending Farcical” Cyberattack Claims, Calls NATO Obsolete ”Cold War Relic” 

On Monday NBC released its full sit-down interview with Russian President Vladimir Putin, which was initially previewed Friday, just days before Wednesday's much anticipated bilateral summit with President Joe Biden. It was the first interview Putin has given to a US network in nearly three years.During the full interview Putin dismissed the latest major accusations of mounting cyberattacks on US infrastructure as "farcical". "Where is the proof? It's becoming farcical," Putin questioned,...

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Fairfax Board Member Rails Against The Dangers Of “Excessive Individualism”

Authored by Jonathan Turley,There has been a great deal of controversy over the graduation address of Fairfax County school board member Abrar Omeish to the Justice High School in Falls Church on June 7th.In her remarks to the graduates, Omeish praised a teacher who made social activism part of her class and warned the graduates that they are going into a world filled with racism and white supremacy.However, what really struck an admittedly libertarian chord with me was the third danger that...

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Ahead Of Putin Meeting, Biden Confuses Syria With Libya 3 Times In Less Than 90 Seconds

A handful of what appears more than the usual Biden gaffes while on his Europe trip has some pundits raising yet more concerns about the 78-year old president's cognitive decline in old age. Last year on the campaign trail a series of bizarre and questionable moments of "concern" - all caught on film - were dismissed in mainstream media as pro-Trump conspiracies.During Sunday's press conference concluding the G7 summit in Cornwall, England, Biden stumbled through a speech wherein he confused...

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Seven Things Nobody Talks About That Will Eventually Matter… A Lot

Authored by Charles Hugh Smith via OfTwoMinds blog,Nobody seems to notice the 'diminishing returns' on Fed manipulation, oops, I mean 'intervention'.Perhaps it shouldn't surprise us that everything that will eventually matter is ignored until it does matter--but by then it's too late. Here's a short list to start the discussion:1. The Federal Reserve has transformed the American populace into a nation of dismayingly over-confident gamblers. I've been writing about moral hazard--the separation...

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Big-Tech & Bitcoin Pumped As Banks, Bonds, & Bullion Dumped

Big-tech was bid as soon as the cash market opened and both Small Caps (Russell 2000) and Big-Caps (Dow Industrials) were dumped with the S&P under water most of the day until the late day panic-bid hit as the gamma-meltup struck...That's a record close for the S&P and Nasdaq thanks to this utterly ridiculous meltup...The Nasdaq's outperformance pushed it to its highest relative to The Dow since April...Source: BloombergLordstown Motors was clubbed like a baby seal today as its...

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