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Taibbi: My Crazy IRS Case Authored by Matt Taibbi via Racket News, Saturday, December 24, 2022 was one of the most memorable, and most panicked, days of my life. I spent Christmas Eve last year alone, holed up in the Parc 55 hotel in San Francisco, frantically trying to put together what I thought was…

Trump Slams “Disloyal” DeSantis As FL Gov Officially Launches Presidential Bid Florida Governor Ron DeSantis has officially filed his declaration of candidacy for president, entering the 2024 race as former President Donald Trump’s top GOP rival, the Associated Press reports. An elections bill passed by the Florida legislature in its recently concluded annual session, stating…

Debt-Ceiling Doubts Finally Weigh On Stocks; Bonds & Gold Bid Mixed macro data (housing good-‘ish’, regional Fed surveys bad, Manufacturing PMI ugly) was dominated today by some FedSpeak (just Kashkari doing Kashkari things) but more so by debt-ceiling doubts actually surfacing in stocks. Ted Cruz appeared to spook stocks early after warning on CNBC that…

New York Democrats Urge Biden To Fast-Track Illegal Alien Work Permits Authored by Bryan Jung via The Epoch Times, Top New York Democrats have called on President Joe Biden to grant work permits to unemployed illegal aliens residing in NYC. Mayor of New York City Eric Adams, Gov. Kathy Hochul, Reps. Dan Goldman and Jerry Nadler of New…

WSJ Reporter’s Pre-Trial Detention In Russia Extended Through August By Secretive Court Russian court proceedings against American citizen and Wall Street Journal reporter Evan Gershkovich have continued to be shrouded in secrecy. At a Tuesday hearing, which was previously unannounced, a judge ruled to extend his pre-trial detention in Moscow’s Lefortovo prison by three months. He’s been…

Zoltan Pozsar: Fed Is “Foaming The Runway” For Big Bank Problems Ahead Authored by Peter Chawaga via BitcoinMagazine.com, Zoltan Pozsar, who until recently worked as the managing director of investment bank Credit Suisse, offered his insight into financial markets and the issues that are weakening the dollar’s dominance around the world. In his role at Credit Suisse,…

South Korea Says Its Chipmakers Can Fill Void After China Bans Micron Over ‘Security Risk’ Hours after China banned Micron Technology’s semiconductor products from critical infrastructure projects over a ‘major national-security risk,’ Seoul has stepped up and said South Korean companies Samsung and SK Hynix would fill the void as tensions between the US and…

Former US Marine Charged In Death Of Homeless Man Breaks Silence Authored by Mimi Nguyen Ly via The Epoch Times (emphasis ours), Daniel Penny, the U.S. Marine veteran who is facing criminal charges after he put a homeless man, Jordan Neely, in a fatal chokehold in New York City at the start of the month,…

FDA Advisers Back Maternal RSV Vaccine As Pfizer Says Safety Concerns Can Be Studied Post-Approval Authored by Zachary Stieber via The Epoch Times (emphasis ours), Advisers to the U.S. Food and Drug Administration (FDA) voiced support on May 18 for Pfizer’s maternal RSV vaccine even after several expressed concerns over premature births. A person walks…

Biden Taunts Russia At G7 When Asked About “Colossal Risk” Of Escalation President Joe Biden taunted Russia while speaking with reporters Sunday at the G-7 summit in Japan. The big decision which has been a main talking point at the meeting was the White House telling European allies that the US will allow them to…

This Year’s Emmy For Outstanding Reality Series Goes to… By Peter Tchir of Academy Securities This Year’s Emmy for Outstanding Reality Series Goes to… The Debt Ceiling. Voters were just amazed at how much was made from such a flimsy topic. Others commented that the debt ceiling had become tired, worn, and too predictable, but…

Supreme Court Justice Neil Gorsuch Shreds Lockdown Authoritarianism Via the Brownstone Institute, In a statement made today on a case concerning Title 42, Supreme Court Justice Neil Gorsuch breaks the painful silence on the topic of lockdowns and mandates, and presents the truth with startling clarity. Importantly, this statement from the Supreme Court comes as…

Musk Demands AP Back Claims Or Retract Article Over ‘Unchecked’ Stolen Election Tweets Elon Musk has told AP to put up or shut up – after the outlet published an article alleging that “false claims of a stolen election thrive unchecked on Twitter,” refuting Musk’s claims during a CNBC interview that such claims would be…

Counter-Disinformation: The New Snake Oil Authored by Tom Wyatt via Racket News, The San Diego Convention Center was packed with the defense industry elite. Boeing, Northrup Grumman, Booz Allen Hamilton, and a myriad of other arms industry salesmen, hungry to peddle their wares. WEST Conference 2023 is billed as the “premier naval conference and exposition…

US Rig Count Tumbles To Annual Decline; Jobs & Production Next? Baker Hughes just reported that the total number of active drilling rigs in the US tumbled by 11 last week to 720 – down 8 rigs on a YoY basis… Source: Bloomberg This is the first annual decline since April 2021. The first question…

US Preparing For Ukraine War To Become A ‘Frozen Conflict’ Authored by Dave DeCamp via AntiWar.com, The Biden administration is preparing for the war in Ukraine to turn into a frozen conflict for years or possibly even decades, similar to the situation on the Korean peninsula, POLITICO reported on Thursday. US officials have been discussing the possibility,…

‘Very Sad’: Trump Slams Democrats Over Partisan Attacks On FBI Whistleblowers Former President Donald Trump slammed Democrats on the House Judiciary Select Subcommittee on Weaponization of the Federal Government, who attacked FBI whistleblowers throughout a Thursday hearing. “Very sad watching what took place today in Congress regarding Whistleblowers and the FBI,” Trump wrote on Truth…

Hawkish FedSpeak Batters Bonds & Bullion; Tech Melt-Up Accelerates ‘Positive’ jobless claims data (which simply unwound last week’s farce in MA) and ‘not pretty’ existing home sales data were dominated today by some notably more-hawkish-than-recent-norms FedSpeak to start the day: Dallas Fed’s Logan: “The data in coming weeks could yet show that it is appropriate…

Disney Abandons Billion-Dollar Florida Development Plan, Shutters ‘Galactic Starcruiser’ Hotel Amid DeSantis Suit Disney is pulling the plug on a $1 billion development in Orlando Florida amid a fierce dispute with Governor Ron DeSantis (D). The complex would have brought in over 2,000 jobs to the region, with an average salary of $120,000, according to…

Turley: If Congress Really Wants Reform, Durham Has Given It A Blueprint For How To Do It Authored by Jonathan Turley, For those interested in the truth about the Russian collusion investigation, the Durham Report has hundreds of pages of details of the alliance of political, government and media figures behind arguably the greatest hoax in U.S.…

Turley: Durham Report Condemns FBI’s Russia Probe… But Don’t Expect It To Make A Difference Authored by Jonathan Turley, “Raw, unanalyzed, and uncorroborated.” Those words from the Durham Report summed up one of the most damning investigations in the Justice Department’s history. In the 305-page report released Monday, special counsel John Durham concluded that the…

US Officials Confirm Russian Strike On Patriot System In Ukraine: CNN On Tuesday Russia’s military announced it destroyed US-supplied Patriot anti-air battery in Ukraine during a hypersonic missile strike on Kiev. Widely circulating video appeared to confirm the destruction of a Patriot battery, but still there was much speculation over the event, given it was a…