Inequality Is America’s Monster Id

Inequality Is America’s Monster Id Tyler Durden Wed, 07/22/2020 – 16:40 Authored by Charles Hugh Smith via OfTwoMinds blog, What they don’t understand is inequality is America’s Monster Id: the more you try to suppress it, the more powerful it becomes. The word privilege is much bandied about now. I’ve been writing about privilege for many years, and…

Tesla Soars After Reporting 4th Consecutive GAAP Profit, Is Eligible For S&P500 Index Inclusion

Tesla Soars After Reporting 4th Consecutive GAAP Profit, Is Eligible For S&P500 Index Inclusion Tyler Durden Wed, 07/22/2020 – 16:28 Among the companies reporting earnings, few will be watched as closely as Tesla, whose stock has quadrupled since hitting a March low, rising to a mind-boggling market value of $290 billion, surpassing the market cap…

MSFT Shares Slide After-Hours Following Top- And Bottom-Line Beats… Here’s Why

MSFT Shares Slide After-Hours Following Top- And Bottom-Line Beats… Here’s Why Tyler Durden Wed, 07/22/2020 – 16:13 Microsoft beat top and bottom lines in Q2 but shares are sliding after hours. 4Q revenue $38.03 billion, (+13% y/y), estimate $36.54 billion (range $35.75 billion to $37.21 billion) 4Q EPS $1.46 vs. $1.71 y/y (-15% GAAP), estimate…

Was This Michigan Teacher Fired After Tweeting Support For Trump And Reopening Schools?

Was This Michigan Teacher Fired After Tweeting Support For Trump And Reopening Schools? Tyler Durden Wed, 07/22/2020 – 15:30 Authored by Jonathan Turley, We recently discussed a Vermont principal who was told that she would have to retire after expressing her opinion of Black Lives Matter on her personal Facebook page. Now, a popular social studies teacher…

California Suffers Record Jump In New COVID-19 Cases; Ohio Gov Makes Masks Mandatory: Live Updates

California Suffers Record Jump In New COVID-19 Cases; Ohio Gov Makes Masks Mandatory: Live Updates Tyler Durden Wed, 07/22/2020 – 15:25 Summary: 35 of 58 California counties on no-school ‘watchlist’ Ohio Gov signs mandatory mask order California reports another daily record of 12,807 World passes 15mil covid cases Arizona reports 1,926 new cases NY sees…

Deutsche Bank’s Top Credit Strategist Makes Stunning Admission: “I Am A Gold Bug; Fiat Money Is A Passing Fad In The History Of Money”

Deutsche Bank’s Top Credit Strategist Makes Stunning Admission: “I Am A Gold Bug; Fiat Money Is A Passing Fad In The History Of Money” Tyler Durden Wed, 07/22/2020 – 15:15 As covered here repeatedly over the past 24 hours, gold and silver (and oil) had a great day yesterday, with the rally continuing on Wednesday,…

‘Copycat product’: Slack says Microsoft is breaking antitrust laws by bundling Teams software into Office suite

Slack has filed a competition complaint before the European Commission against tech giant Microsoft, accusing the company of “anti-competitive practice” and “abusing its market dominance.” Slack, the internal work communication tool, said on Wednesday that Microsoft’s “illegal” behavior was designed to “extinguish competition” and was in breach of European Union law. In particular, Slack took…

US ‘late to the party’ in the Arctic after ‘aggressive’ Russia & China, but will still ‘succeed,’ says Pompeo

Washington and its allies have been too slow to react to Russian and Chinese expansion in the Arctic, US Secretary of State Mike Pompeo has said. Still, the US will “succeed” in entrenching there, he believes. “I think we have all been a little bit naive to watch not only the Russians but the Chinese…

Bomb & death threats made against Chinese Embassy in Washington – Beijing blames US government

A spokeswoman for the Chinese Foreign Ministry has blamed alleged bomb and death threats made against the country’s embassy in Washington, DC on the US government. The US’ order that the Chinese consulate in Houston, Texas be closed represents an “unprecedented upgrade” in “political oppression” against China, Foreign Ministry Spokeswoman Hua Chunying tweeted on Wednesday,…

Russian journalists attacked while covering Portland protests: US law enforcement hit them & broke camera, colleague says

A Russian TV crew covering ongoing protests in Portland, Oregon has apparently been assaulted by law enforcement officers cracking down on the demonstrators. Two Russian journalists were hurt while reporting from the scene of an intense confrontation in front of the federal court in Portland, according to a Sputnik correspondent covering the same events. Vyacheslav…

WATCH: Ethiopian Airlines plane catches fire on tarmac at Shanghai airport

An Ethiopian Airlines 777F cargo plane has caught fire at Shanghai Pudong International Airport. The fire appears to have erupted on the plane’s cargo deck before ripping through the upper decks. The blaze broke out Wednesday afternoon as airport fire crews rushed to the scene to stop the flames from spreading to the gangway and…

‘Others want to change Europe, we want to quit’: Italian senator meets with Farage in London, plans to launch ‘Italexit’ party

Italy is getting its own Brexit-type party led by a staunch Eurosceptic senator, a former journalist and ex-member of the anti-establishment Five Star Movement who recently met with Nigel Farage for inspiration. While its name is yet to be revealed, the party, led by Senator Gianluigi Paragone, already has a clear goal – to lead…

GloboCap Über Alles

GloboCap Über Alles Tyler Durden Tue, 07/21/2020 – 23:45 Authored (satirically) by CJ Hopkins via ConsentFactory.org, So, how are you enjoying the “New Normal” so far? Is it paranoid and totalitarian enough for you? If not … well, hold on, because it’s just getting started. There is plenty more totalitarianism and paranoia still to come.…

Sun Belt States Choose “Third Path” To Confront COVID-19 Without Destroying Economy

Sun Belt States Choose “Third Path” To Confront COVID-19 Without Destroying Economy Tyler Durden Tue, 07/21/2020 – 23:25 In a research note published yesterday, a team of Goldman Sachs analysts spotted an ominous potential inflection point for the struggling US labor market: If the nascent ‘recovery’ achieved over the last 2 months loses steam as…

Houston Police Respond To Suspected Document Burning At Chinese Consulate

Houston Police Respond To Suspected Document Burning At Chinese Consulate Tyler Durden Tue, 07/21/2020 – 23:11 The Houston police and fire departments responded Tuesday night to a reported document fire at the Chinese Consulate. Footage from next door shows what appears to be barrels with burning material inside of them: This video shared with us…

‘We’ll never forget’: Iran’s supreme leader meets Iraqi PM & vows to ‘strike a blow’ to US in revenge for killing of Soleimani

Iranian leader Ayatollah Ali Khamenei warned that the US will see further retaliation for the January drone strike on elite commander Qasem Soleimani, telling Iraq’s premier that Tehran will resist American meddling in the region. Khamenei met with Iraqi Prime Minister Mustafa al-Kadhimi in Tehran on Tuesday, the PM’s first trip abroad since taking office…

Just a glitch? Google hides conservative & alt-media websites from search results for hours

Google excluded major conservative and alt-media outlets from its search results for hours, hiding hits for sites like Breitbart and RedState even in searches for the outlets’ names – only to mysteriously revert to normal later. Conservative sites were in a panic Tuesday morning, reporting they seemed to have been blacklisted from Google. Articles and…

US puts $5 MILLION bounty on president of Venezuela’s supreme court, accusing him of ‘corruption’

Washington is offering $5 million for the arrest of the presiding judge of Venezuela’s Supreme Tribunal of Justice, accusing Maikel Moreno of accepting bribes in criminal cases and of being a “crony” of President Nicolas Maduro. US Secretary of State Mike Pompeo announced the bounty on Tuesday, saying that Moreno “used his position of authority…

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