Illinois’ Federal Bailout Request Is An Admission Of Its Massive Pension Problem
ZeroHedge - May 9th 2020 2:50pm EDT Illinois’ Federal Bailout Request Is An Admission Of Its Massive Pension Problem Authored by Richard Hiller via Reason.org, Illinois State Senate President Don Harmon, through the Illinois congressional delegation, recently requested a $10 billion public pension bailout from the federal government. In the letter, Mr. Harmon suggests that Illinois is making progress on addressing its pension debt, […]
This Is Now The Most Important Number For The Stock Market
ZeroHedge - May 9th 2020 2:25pm EDT This Is Now The Most Important Number For The Stock Market With the market now ignoring the latest economic data and corporate earnings outright, having put – for better or worse – the coronavirus lockdown in the rearview mirror while ignoring the latest profit data (which it believes is meaningless) and instead looking ahead to […]
“Contact Tracer” And “Disease Investigator” Jobs Spring Up Across The Country
ZeroHedge - May 9th 2020 2:00pm EDT “Contact Tracer” And “Disease Investigator” Jobs Spring Up Across The Country Authored by Daisy Luther via The Organic Prepper, For those who may have lost their jobs during the lockdown, it appears a whole new sector of jobs is opening up across the country. Cities and states are seeking “contact tracers” and “disease investigators” to […]
American Shopping Malls Resemble Ghost Towns After Reopening
ZeroHedge - May 9th 2020 1:40pm EDT American Shopping Malls Resemble Ghost Towns After Reopening The latest jobless print and unemployment figures are truly historic, tens of millions of Americans are out of work, and the real economy has crashed to depression levels. President Trump is attempting to reopen the severely damaged economy and force a V-shaped recovery by the time the presidential election is seen […]
“This Is The Final Straw”: Elon Musk Melts Down, Says He’s Suing Alameda County & Moving Tesla Out Of California
ZeroHedge - May 9th 2020 1:11pm EDT“This Is The Final Straw”: Elon Musk Melts Down, Says He’s Suing Alameda County & Moving Tesla Out Of California Recall just days ago we reported that Tesla was sending people back to work at its Fremont factory in Alameda County before the area’s lockdown expired. Then, late last week, Alameda County responded by telling […]
Venezuela Charges US Ex-Special Forces Soldiers With “Terrorism & Conspiracy”
ZeroHedge - May 9th 2020 12:45pm EDT Venezuela Charges US Ex-Special Forces Soldiers With “Terrorism & Conspiracy” The two US ex-special forces turn mercenary soldiers captured by Venezuela Monday as they tried to lead a small anti-Maduro invasion force into the country appeared in a Venezuelan court on Friday, alongside some dozen other alleged conspirators and detained mercenaries. Luke Alexander Denman, 34, and […]
As State Reopens, Ohio Urges Employers To Snitch On Workers Who Stay Home Over Virus Fears
ZeroHedge - May 9th 2020 12:20pm EDT As State Reopens, Ohio Urges Employers To Snitch On Workers Who Stay Home Over Virus Fears Authored by Julia Conley via CommonDreams.org, Ohio officials are encouraging employers to report what they’ve designated “Covid-19 fraud” as the state begins reopening some industries. Workers who refuse to report to work in light of the pandemic, which has […]
Did Obama Defense Deputy Lie To Protect Her Fraudulent Russiagate Sources?
ZeroHedge - May 9th 2020 11:55am EDT Did Obama Defense Deputy Lie To Protect Her Fraudulent Russiagate Sources? Newly declassified congressional transcripts from the Russia investigation include testimony from former Obama administration defense official, Evelyn Farkas, who testified under oath that she lied in an MSNBC interview when she claimed to have evidence of “the Trump staff dealing with Russians,” and said […]
As Markets Crashed, The Swiss National Bank Went On A FAAMG Buying Spree
ZeroHedge - May 9th 2020 11:32am EDT As Markets Crashed, The Swiss National Bank Went On A FAAMG Buying Spree It used to be a running joke among traders that when markets crash, central banks step in – either directly or in the case of the Fed indirectly via Citadel – and buy stocks to prop up the market and short up […]
Are The Outlines of A Better World Emerging?
ZeroHedge - May 9th 2020 11:30am EDT Are The Outlines of A Better World Emerging? Authored by Charles Hugh Smith via OfTwoMinds blog, Once the government’s ability to sustain its enforcement with money created out of thin air vanishes, the entire order vanishes along with it. The era of waste, greed, fraud and living on borrowed money is dying, and those who’ve […]
Silver Coin Premiums Soar: Signal “Alt-Money” Demand As Re-Opening Recovery Hype Fades
ZeroHedge - May 9th 2020 11:00am EDT Silver Coin Premiums Soar: Signal “Alt-Money” Demand As Re-Opening Recovery Hype Fades Silver is the matrix of precious metals: on the one hand, it is an industrial metal, critical to the production process in many of the world’s most in-demand products; and on the other hand, it has been ‘money’ for millennia, playing second-fiddle as […]
How Many Lives Will Politicians Sacrifice In The Name Of Fighting COVID-19?
ZeroHedge - May 9th 2020 10:30am EDT How Many Lives Will Politicians Sacrifice In The Name Of Fighting COVID-19? Authored by Bradley Thomas via The Mises Institute, During the current coronavirus lockdown, I’d pay good money to see just one public official be asked: “How many lives are you willing to sacrifice to prevent one coronavirus death?” Thomas Sowell has repeatedly written that […]
Spain Prepares To Lift Lockdown Monday As Russia Celebrates 75th Anniversary Of Nazi Defeat Indoors: Live Updates
ZeroHedge - May 9th 2020 10:23am EDT Spain Prepares To Lift Lockdown Monday As Russia Celebrates 75th Anniversary Of Nazi Defeat Indoors: Live Updates Summary: Russia nears 200k cases as country celebrates 75th anniversary of Nazi defeat Belarus holds parade commemorating victory, with thousands bunched close together Spain prepares to lift lockdown on Monday for vast majority of country South Korea moves […]
“Unprecedented Crisis” – Global Luxury Goods Market Collapses, No Recovery For Years
ZeroHedge - May 9th 2020 9:55am EDT “Unprecedented Crisis” – Global Luxury Goods Market Collapses, No Recovery For Years New findings published in “Bain & Company Luxury Study 2020 Spring Update” this week suggest a collapse in the global luxury goods market is underway with no recovery for several years, shredding any hope that a V-shaped recovery will be seen in the back half of 2020. The report […]
White House On ‘High Alert’ As 11 Secret Service Agents Currently Positive For COVID-19
ZeroHedge - May 9th 2020 9:49am EDT White House On ‘High Alert’ As 11 Secret Service Agents Currently Positive For COVID-19 In the most alarming revelation yet that coronavirus is getting ever closer to severely impacting the White House, Yahoo News has unveiled documents showing that nearly a dozen US Secret Service members have tested positive for COVID-19. A Department of Homeland Security (DHS) […]
Whitney: Sweden Is The Model
ZeroHedge - May 9th 2020 9:20am EDT Whitney: Sweden Is The Model Authored by Mike Whitney via The Unz Review, At present, there is no vaccine for the coronavirus. That means that one of the two paths to immunity is blocked. The other path is “herd immunity,” in which a critical mass of infection occurs in lower-risk populations that ultimately thwarts transmission. […]
US Blasts Russia & Assad For Sending Mercenaries Into Libya To Support Haftar
ZeroHedge - May 9th 2020 8:45am EDT US Blasts Russia & Assad For Sending Mercenaries Into Libya To Support Haftar The long-running Libyan war 2.0 which has seen Gen. Khalifa Haftar lay siege to the capital of Tripoli throughout all of last year just grew hotter, now confirmed as a full-blown proxy conflict. On Thursday the United States charged the Kremlin with illegally […]
Scientific Research Finds That Closing Borders Is Most Effective Way Of Combatting COVID-19
ZeroHedge - May 9th 2020 8:10am EDT Scientific Research Finds That Closing Borders Is Most Effective Way Of Combatting COVID-19 Authored by Steve Watson via Summit News, Scientists in Brazil have found that the countries most affected by the coronavirus spread are the ones who continued to allow unrestricted travel across their borders, prompting further arguments that the most effective method of […]
Fatties Stay Home: Leaked UK Doc Shows Mandated Remote-Working Plan For Obese Brits
ZeroHedge - May 9th 2020 7:35am EDT Fatties Stay Home: Leaked UK Doc Shows Mandated Remote-Working Plan For Obese Brits Being fat obese can double someone’s risk of going to the hospital for severe COVID-19 symptoms, a new report published by the University of Glasgow concluded this week. With that being said, a leaked document from the UK government obtained by The Sun outlines how obese […]
Time To Learn About Money
ZeroHedge - May 9th 2020 7:00am EDT Time To Learn About Money Authored by Alasdair Macleod via GoldMoney.com, An unexpected destruction of fiat currency has been advanced by the monetary and fiscal response to the coronavirus. Financial markets have yet to discount the possibility of such an outcome, but in the coming months they are likely to awaken to this danger. The […]
Authoritarianism In The Age Of Pseudoscience
ZeroHedge - May 9th 2020 12:05am EDT Authoritarianism In The Age Of Pseudoscience Authored by Colin Todhunter via Off-Guardian.org, Following the court decision in the US to award in favour of Dewayne Johnson (exposure to Monsanto’s Roundup weed killer and its active ingredient, glyphosate, caused Johnson to develop non-Hodgkin lymphoma), attorney Robert Kennedy Jr said at the post-trial press conference: The corruption of science, […]
Hawaii Arrests ‘Rogue Tourists’ In COVID Contagion Crackdown
ZeroHedge - May 8th 2020 11:45pm EDT Hawaii Arrests ‘Rogue Tourists’ In COVID Contagion Crackdown As the travel and tourism industry implodes, savvy consumers, with zero f*cks given about contracting the virus, have been buying cheap airfare to Hawaii, along with heavily discounted rooms at top resorts. Around mid/late March, when strict stay-at-home orders went into effect, locals, who were confined to their homes, noticed […]
Bezos Uber Alles? Homeland Security’s Biometrics Database Moves To Amazon’s Cloud
ZeroHedge - May 8th 2020 11:25pm EDT Bezos Uber Alles? Homeland Security’s Biometrics Database Moves To Amazon’s Cloud Authored by Aaron Boyd via NextGiov.com, The Office of Biometric Identity Management released a privacy impact assessment as the program begins moving the nation’s biometric database to Amazon’s GovCloud… The Homeland Security Department is in the midst of migrating its central biometric database – […]
Military Experts Urge China To Expand Nuclear Arsenal As “Deterrence” Against US
ZeroHedge - May 8th 2020 11:05pm EDT Military Experts Urge China To Expand Nuclear Arsenal As “Deterrence” Against US Rising geopolitical uncertainties between the US and China have been made worse by the pandemic as new rounds of tensions are unfolding on the heels of a possible flare-up of the trade war. The new reality is that Cold War 2.0 could be materializing as both countries fall into […]
Beware Of Plans To “Build Back Better”
ZeroHedge - May 8th 2020 10:45pm EDT Beware Of Plans To “Build Back Better” Authored by MN Gordon via EconomicPrism.com, Central planners the world over disdain the free exchange of goods and services. They believe they can better shape the world around them according to their wishes. This fatal conceit compels them to intervene in destructive ways. Some central planners, like Fed […]
