• Texas AG Threatens “Every Possible Response” After Defiant Austin Allows “Gender Affirming” Care For Minors
    by Tyler Durden on May 6, 2024 at 2:45 am

    Texas AG Threatens “Every Possible Response” After Defiant Austin Allows “Gender Affirming” Care For Minors Texas Attorney General Ken Paxton has responded to a defiant decision by the Austin City Council (ACC), which voted on Thursday to ignore a state law which prohibits “gender transitioning or gender reassignment procedure or treatment” for minors under the age of 18. In a 10-1 vote, the ACC passed the resolution which […]

  • Appeals Court Hammers Prosecution About FBI Conduct In Whitmer Kidnap Plot
    by Tyler Durden on May 6, 2024 at 2:10 am

    Appeals Court Hammers Prosecution About FBI Conduct In Whitmer Kidnap Plot Authored by Ken Silva via Headline USA, The much-anticipated appeal hearing was held Thursday for Barry Croft and Adam Fox, the alleged “ringleaders” of the 2020 militia conspiracy to kidnap Michigan Gov. Gretchen Whitmer. This combo of images provided by the Kent County, Mich., Jail shows Barry Croft Jr., left, and Adam Fox. / PHOTO: AP Croft and […]

  • There Is Nothing Exceptional About US “Exceptionalism”
    by Tyler Durden on May 6, 2024 at 1:00 am

    There Is Nothing Exceptional About US “Exceptionalism” By Peter Tchir of Academy Securities On Friday, after the jobs report, we heard a lot of chatter about “Goldilocks.” While we wrote NFP – Great for Markets, we caveated that with – for now. Normally we would agree that there is a “transition” period from “everything is great,” to “everything is bad.” While I’m not saying that everything is bad, I do wonder […]

  • “People Will Be Teleporting Between Planets” Before California Finishes High-Speed Rail Project
    by Tyler Durden on May 6, 2024 at 12:25 am

    “People Will Be Teleporting Between Planets” Before California Finishes High-Speed Rail Project X users mocked the California High-Speed Rail Authority’s post on the social media platform, which celebrated building a bridge that goes nowhere.  “The Fresno River Viaduct in Madera County is one of the first completed high-speed rail structures. At nearly 1,600 feet long, high-speed trains will travel over the riverbed […]

  • “Economics Works In Mysterious Ways”: Is China’s Wealth Effect Being Substituted?
    by Tyler Durden on May 5, 2024 at 11:50 pm

    “Economics Works In Mysterious Ways”: Is China’s Wealth Effect Being Substituted? By Teeuwe Mevissen, Senior Macro Strategist at Rabobank Is the wealth effect being substituted? Summary China’s real estate market suffered heavy losses early this year while stock market investors continue to face huge uncertainty. This will add to the deterioration of household balances and as such could influence private domestic (consumer) […]

  • The Ideological Roots Of The Open Borders Push
    by Tyler Durden on May 5, 2024 at 10:40 pm

    The Ideological Roots Of The Open Borders Push Authored by Simon Hankinson via The Epoch Times, Why does the Biden administration want open borders? As a researcher and writer on immigration, that’s the question I often get asked. Here are the three reasons I think are behind President Joe Biden’s deliberate border chaos: electoral politics, extortion, and, most insidiously, ideology. I’ll start with […]

  • The World’s Fastest Growing Emerging Markets (2024-2029 Forecast)
    by Tyler Durden on May 5, 2024 at 10:05 pm

    The World’s Fastest Growing Emerging Markets (2024-2029 Forecast) Large emerging markets are forecast to play a greater role in powering global economic growth in the future, driven by demographic shifts and a growing consumer class. At the same time, many smaller nations are projected to see their economies grow at double the global average over the next five years due to rich natural resource deposits among other factors. That […]

  • Pritzker Doubles-Down With $827 Million Taxpayer Handout To Troubled EV-Maker Rivian
    by Tyler Durden on May 5, 2024 at 9:30 pm

    Pritzker Doubles-Down With $827 Million Taxpayer Handout To Troubled EV-Maker Rivian Authored by Mark Glennon via Wirepoints.org, At $1.5 million per job, this new incentive package from the state is at least 15 times the norm. For this much money, the state could have just handed out a million bucks to 827 people, instead of creating 550 jobs. Gov. JB Pritzker announced Thursday that the State of Illinois will provide an $827 […]

  • Man vs Bear Debate: The Dumbest Feminist Argument Yet?
    by Tyler Durden on May 5, 2024 at 8:55 pm

    Man vs Bear Debate: The Dumbest Feminist Argument Yet? When it comes to identifiable differences in female vs male psychology as well as differences in brain biology, as a general rule and as most studies show women focus far more on feelings than men do.  Specifically, women tend to be more sensitive to negative emotions and negative imagery.  Obviously, men and women are not the same, never have been the same and never will be […]

  • Open The Overton Window
    by Tyler Durden on May 5, 2024 at 8:20 pm

    Open The Overton Window Authored by Jeffrey Tucker via DailyReckoning.com, You may have heard of the “Overton window.” The concept of the Overton window caught on in professional culture, particularly those seeking to nudge public opinion, because it taps into a certain sense that we all know is there. There are things you can say and things you cannot say, not because there are speech controls (though there are) but […]

  • Cognitive Decline: Biden Campaign Says They Will Shorten His Speeches
    by Tyler Durden on May 5, 2024 at 7:45 pm

    Cognitive Decline: Biden Campaign Says They Will Shorten His Speeches Who is actually running the country? The Biden campaign team has admitted that they are seeking to shorten his speeches, claiming that they are seeking “quality over quantity,” but leading many to presume it is because he can barely talk. Modernity.news’ Steve Watson reports that Biden Deputy Campaign manager Quentin Fulks told MSBNC: “Our campaign […]

  • US Covert Missile Launcher Touted As Game Changer In Future Taiwan War
    by Tyler Durden on May 5, 2024 at 7:10 pm

    US Covert Missile Launcher Touted As Game Changer In Future Taiwan War Authored by Kyle Anzalone via AntiWar.com, After the US withdrew from a major nuclear arms treaty with Russia in 2019, the Pentagon began to develop weapons that would have violated that agreement. Such a covert missile has now been deployed to the Philippines as part of the US military buildup surrounding China. The New York Times reports this system to be a […]

  • Biden Boosts Student Dem Leader Warning Of “Dictator Trump” On PBS
    by Tyler Durden on May 5, 2024 at 6:35 pm

    Biden Boosts Student Dem Leader Warning Of “Dictator Trump” On PBS Days after OnlyFans & TikTok star Farha Khalidi revealed the Biden administration paid her to push “full-on political propaganda” while asking her not to disclose that she was part of a covert propaganda strategy, the Biden-Harris campaign reposted on X a video of Gen-Zers regurgitating Democrat talking points, such as ‘Trump is a threat to Democracy.’  […]

  • Change Of S&P Leadership Suggests Bottom Is Near
    by Tyler Durden on May 5, 2024 at 6:00 pm

    Change Of S&P Leadership Suggests Bottom Is Near Authored by Simon White, Bloomberg macro strategist, A change in sector leadership in US stocks suggests the correction might soon be over and a bottom is not too far away. The tech sector has led the recent advance in the US stock-market (i.e. the sector with the highest three-month return on a three-month smoothed basis), but in the last two weeks it lost that mantle to the […]

  • “Nothing Wrong With Being Hamas”: Radical Leftist Groups Trained Students Before Nationwide Campus Chaos 
    by Tyler Durden on May 5, 2024 at 5:25 pm

    “Nothing Wrong With Being Hamas”: Radical Leftist Groups Trained Students Before Nationwide Campus Chaos  It’s very puzzling that the purple-haired communist revolutionaries sitting in tents across woke colleges and universities nationwide would advocate for Palestinians to break free from the support of freedom-loving Israel only to adopt the authoritarian control of Sharia law by Hamas. But perhaps, as we’ve explained […]

  • Watch: Senator Eviscerates Biden Official Over “Dark Money Meetings”
    by Tyler Durden on May 5, 2024 at 4:50 pm

    Watch: Senator Eviscerates Biden Official Over “Dark Money Meetings” Authored by Steve Watson via Modernity.news, During a Senate Energy and National Resources Committee hearing this week, Republican Senator Josh Hawley exposed a Biden official as having no clue what is going on in her own department. Hawley grilled Secretary of the Interior Deb Haaland regarding alleged shady meetings with foreign “dark-money groups” that […]

  • “Stunning On Multiple Levels”: DOJ Admits To Evidence Tampering In Trump Classified Docs Case
    by Tyler Durden on May 5, 2024 at 4:32 pm

    “Stunning On Multiple Levels”: DOJ Admits To Evidence Tampering In Trump Classified Docs Case Special Counsel Jack Smith’s team admitted on Friday that key evidence in Trump’s classified documents case was altered or manipulated – leaving two different chronologies; one that was digitally scanned vs. what’s in the actual boxes. Smith also misled the court, after originally telling U.S. District Judge Aileen Cannon that the boxes […]

  • Trump Leads Biden By 10 Points In Latest Election Poll: Rasmussen Reports
    by Tyler Durden on May 5, 2024 at 4:15 pm

    Trump Leads Biden By 10 Points In Latest Election Poll: Rasmussen Reports Despite the ‘betting’ odds still favoring President Biden in November (according to PredictIt)… …Former President Donald Trump has boosted his lead over President Joe Biden to ten percentage points ahead of the upcoming elections, according to a recent poll. In a three-way contest between President Trump, President Biden, and Robert F. Kennedy Jr., the […]

  • Matt Taibbi Uncensored: Finance Nothing More Than A ‘Street Scam’
    by Tyler Durden on May 5, 2024 at 3:40 pm

    Matt Taibbi Uncensored: Finance Nothing More Than A ‘Street Scam’ Submitted by QTR’s Fringe Finance The opportunity to secure an exclusive interview with Matt Taibbi is something I thought I’d never get…but alas, here we are. Taibbi is the head of Racket News and his reputation as a fearless investigative journalist precedes him. From his groundbreaking coverage of the 2008 financial crisis to his more recent explorations of […]

  • US Pushing G-7 To Accept Long-Term $50 Billion Aid Package For Ukraine
    by Tyler Durden on May 5, 2024 at 3:05 pm

    US Pushing G-7 To Accept Long-Term $50 Billion Aid Package For Ukraine As part of the latest in the Western allies’ (some of them at least) controversial push to confiscate Russian sovereign assets and give them to Ukraine, the Biden administration is leading talks among G7 nations to commit to a new military aid package for Kiev worth up to $50 billion. “Ideally, this is something we would like the entire G7 to participate in, be […]

  • University Of California Now Discriminates Based On Parental Income, Education
    by Tyler Durden on May 5, 2024 at 2:30 pm

    University Of California Now Discriminates Based On Parental Income, Education Authored by James Breslo via The Epoch Times, In 1996, Californians voted, 55 to 45 percent, to ban the use of affirmative action in admissions to state schools and in state employment. In 2020, Californians voted to maintain the ban by an even wider margin, 57 to 43 percent. Last year, the United States Supreme Court struck down college affirmative […]

  • Which States Have The Highest Minimum Wage In America?
    by Tyler Durden on May 5, 2024 at 1:55 pm

    Which States Have The Highest Minimum Wage In America? This year, 22 states are raising their minimum wage, impacting almost 10 million workers across the country. Many states raise the minimum wage each year to adjust to a cost of living index, while others have raised the pay floor for delivery drivers and fast-food workers. Today, the federal minimum wage stands at $7.25, a rate that has remained the same for 15 years. This […]

  • Are We Destroying The Economy On Purpose?
    by Tyler Durden on May 5, 2024 at 1:20 pm

    Are We Destroying The Economy On Purpose? Submitted by QTR’s Fringe Finance In one of the most fascinating discussions I’ve had in a while, I spoke last weekend with my friend Andy Schectman about the state of the world, markets, geopolitics and the economy. What started as a friendly catch-up quickly turned into delving into angles on the state of our nation that I had never before considered — specifically, Andy laying out […]

  • Who’s Funding University Unrest?
    by Tyler Durden on May 5, 2024 at 12:45 pm

    Who’s Funding University Unrest? Via OpenTheBooks substack, FOUR MIDDLE EAST COUNTRIES GAVE $10.3 BILLION TO U.S. COLLEGES & UNIVERSITIES! The civil unrest playing out at America’s elite universities continues to headline the news. And OpenTheBooks is here to follow the money. Previously, our reporting broke down the massive taxpayer subsidy of America’s elite universities. This week, we continued to highlight it in […]

  • Fraudulent Logic Guides The UK Smoking Ban
    by Tyler Durden on May 5, 2024 at 12:10 pm

    Fraudulent Logic Guides The UK Smoking Ban Authored by Owen Ashworth via The Mises Institute, It is the waning days of the Sunak premiership, and the Conservative party still has a stonking majority despite its cataclysmic capitulation in the polls. The government is effectively a lame duck; everyone knows it has no support, yet it will still be around for a few more months. One would think that since the Conservative party still […]

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  • Osmosis co-founder Sunny Aggarwal on costumes, Cosmos, and the ‘Bitcoin renaissance’
    by Christina Comben on May 5, 2024 at 9:43 pm

    Even if you’re not an avid ‘Cosmonaut,’ you’re probably familiar with Sunny Aggarwal, the co-founder of Osmosis Labs. With an infectious smile and upbeat personality, Sunny’s name is surprisingly apt. He’s the type of person whose deep intellect, quick wit, and unbridled passion light up the spaces around him. We were scheduled to meet at The post Osmosis co-founder Sunny Aggarwal on costumes, Cosmos, and the ‘Bitcoin […]

  • Six Coinbase customers claim the exchange is violating securities laws in new lawsuit
    by Monika Ghosh on May 5, 2024 at 3:21 pm

    Six Coinbase customers filed a new class-action lawsuit against crypto exchange Coinbase Global, two subsidiaries — Coinbase, Inc. and Coinbase Asset Management, LLC. — and its CEO, Brian Armstrong, on May 5. The lawsuit alleges that the digital assets listed on Coinbase are securities. This includes Solana (SOL), Polygon (MATIC), Near Protocol (NEAR), Decentraland (MANA), The post Six Coinbase customers claim the exchange is violating […]

  • BTC-e crypto exchange operator pleads guilty to money laundering in the U.S.
    by Monika Ghosh on May 4, 2024 at 3:12 pm

    Alexander Vinnik, a Russian national who operated the crypto exchange BTC-e, pled guilty to charges of money laundering conspiracy in the US on May 3, according to a Bloomberg report. BTC-e was one of the world’s largest crypto exchanges between 2011 and 2017. According to the prosecutors, it processed transactions worth $9 billion and had The post BTC-e crypto exchange operator pleads guilty to money laundering in the U.S. appeared first on […]

  • The rise of Bitcoin ETFs and future market implications
    by Shane Neagle on May 4, 2024 at 10:54 am

    The following is a guest post from Shane Neagle. Regardless of an asset’s fundamentals, its value is governed by one underlying feature – market liquidity. Is it easy for the wider public to sell or buy this asset?  If the answer is yes, then the asset receives high trading volume. When that happens, executing trades The post The rise of Bitcoin ETFs and future market implications appeared first on CryptoSlate.

  • DOJ charges three Cred execs over $783 million in customer fund losses
    by Mike Dalton on May 4, 2024 at 1:00 am

    On May 3, the US DOJ announced charges against former executives of Cred, a bankrupt crypto lending and investing firm. Authorities alleged that the three accused individuals — Cred co-owner and former CEO Daniel Schatt, former CFO Joseph Podulka, and former CCO James Alexander — took part in a scheme that caused customers to lose The post DOJ charges three Cred execs over $783 million in customer fund losses appeared first on CryptoSlate.

  • Nigeria poised to outlaw P2P crypto trading over national security concerns
    by Assad Jafri on May 3, 2024 at 11:52 pm

    Nigeria’s National Security Adviser (NSA) is set to label crypto trading as a national security threat, signaling an impending crackdown on peer-to-peer (P2P) crypto transactions, according to local media reports and CryptoSlate sources. The move follows the decision of at least three major Nigerian fintech startups — Moniepoint, Paga, and Palmpay — to block accounts The post Nigeria poised to outlaw P2P crypto trading over national […]

  • SEC under Trump would ‘vigorously pursue’ crypto regulation – former regulator says
    by Mike Dalton on May 3, 2024 at 11:07 pm

    Former SEC Division of Enforcement Assistant Director Jennifer Lee said on May 2 that Donald Trump’s possible reelection likely won’t change the SEC’s stance on crypto. Lee told CNBC the SEC “vigorously pursued crypto cases” during Trump’s first presidential term and that it brought “daylight and regulation” to the burgeoning industry. She predicted that the The post SEC under Trump would ‘vigorously pursue’ crypto […]

  • Crypto firms raised $2.5 billion in Q1, representing 29% quarterly increase
    by Mike Dalton on May 3, 2024 at 9:09 pm

    Galaxy reported an assortment of VC investment data, including nearly $2.5 billion invested in the first quarter, on May 3. Crypto firms attracted funding across 603 deals during the period, representing 29% growth in dollar value and 68% growth in deal count quarter-over-quarter. The growth represents the first increase by both measures in three quarters, The post Crypto firms raised $2.5 billion in Q1, representing 29% quarterly increase […]

  • Bitfinex whales bolster Bitcoin holdings by 6% amid recent price surge
    by James Van Straten on May 3, 2024 at 8:35 pm

    Quick Take Over the past few days, Bitfinex has recorded a substantial 6% increase in Bitcoin (BTC) long positions held by whales — totaling a staggering 48,615 BTC. Analyzing Bitfinex whale activity in 2024 reveals a clear pattern: On Feb. 10, these whales held over 76,000 BTC, but by March’s all-time high, the holdings had The post Bitfinex whales bolster Bitcoin holdings by 6% amid recent price surge appeared first on CryptoSlate.

  • Dutch authorities arrest suspect in ZKasino gambling scam, seize $12.2 million in assets
    by Oluwapelumi Adejumo on May 3, 2024 at 7:40 pm

    The Netherlands’ Fiscal Information and Investigation Service (FIOD) announced the arrest of a 26-year-old suspected to be involved in the ZKasino decentralized gambling platform scam. Meanwhile, speculations within the crypto community suggest that the arrested person could potentially be the pseudonymous founder of the platform known as Derivatives Monke. Asset seizures In the wake of The post Dutch authorities arrest suspect in ZKasino […]