Zerohedge

Authored by John Vibes via TheMindUnleashed.com, San Francisco city officials have banned all tobacco smoking inside apartments, due to concerns about secondhand smoke, but cannabis smoke will be permitted under the new guidelines. The proposal was originally drafted to include a ban on smoking cannabis as well, but the cannabis ban was later removed from the law after pushback from activists who pointed out that the […]

Submitted by Market Crumbs, While California’s Silicon Valley is the epicenter of all things technology, companies based out of Texas played an important role in the rise of the personal computer as well. Christopher Cantwell was even inspired to create the hit television series Halt and Catch Fire following his childhood in North Texas’s Silicon Prairie, where his father was employed as a software salesman in […]

Authored by Paul Joseph Watson via Summit News, Ontario’s Chief Medical Officer says that those who refuse to take the COVID vaccine won’t have “freedom to move around” and will have to continue to wear masks. Dr. David Williams was asked if he “would make some sort of mandatory vaccination recommendation.” Williams acknowledged that “we can’t force someone to take a vaccine,” but when on to […]

Authored by Dave DeCamp via AntiWar.com, The version of the National Defense Authorization Act (NDAA) agreed to by the House and Senate, known as the compromise version, includes provisions to block President Trump’s planned troop withdrawals in both Afghanistan and Germany. For Afghanistan, there is language in the bill that would block funding to reduce troop numbers in the country before the Pentagon, State Department, and the director […]

New details are emerging about an attack that killed Iran’s most senior nuclear scientist last Friday. Initially, it was thought that Mohsen Fakhrizadeh’s car was attacked by undentified gunmen armed with automatic weapons and explosives. However, a Fars news agency report on Sunday evening states that Fakhrizadeh was actually killed by a remote-controlled weapon mounted in a vehicle that subsequently exploded. Iran has blamed Israel and […]

Authored by Tom Trenchard via AmericanMind.org, Donald Trump and the Altogether True and Amazing Origin of the United American Counties. 2020 marked an epoch in American history, standing alongside 1865, 1787, and 1776. First there was the COVID-19 pandemic, then there were the racial protests and riots throughout the summer, and then there was the disputed presidential election. Finally and most cataclysmically, though, 2020 witnessed the […]

A well-known artificial intelligence researcher at Google tweeted Wednesday that she was fired over an email expressing dismay with management over the censorship of new research.  Timnit Gebru, a technical co-lead of Google’s Ethical A.I. team, who researches algorithmic bias and data mining, has been an outspoken advocate for diversity in technology, claimed, in a series of tweets, she was fired for refusing to retract a research […]

As Wall Street deal flow continues to rage and top JPM executives inform M&A analysts that they won’t be getting much of a Christmas break, outgoing Citigroup CEO Michael Corbat has just become the second top banker to express doubts about the shift to working from home vs. the office – at least, as far as Wall Street is concerned. As bankers wonder what the future […]

Chinese scientists have built what they claim is a “revolutionary” hypersonic engine that could one day propel an airframe as fast as Mach 16, or about 12,300 mph, according to the South China Morning Post (SCMP), citing a new paper published in the Chinese Journal of Aeronautics.  The flight test of the hypersonic engine was conducted in a wind tunnel in Beijing suggested unprecedented thrust, fuel efficiency, and operational stability. Scientists […]

A viral video is making the rounds which perfectly captures the anger, frustration and contempt people have for our elected officials, who flagrantly break their own COVID-19 rules when it suits them – and, as you’ll see, grant well-connected ‘elites’ privileges as regular Americans continue to be devastated by what seems like a two-tiered set of lockdown restrictions. In this latest example, the owner of the […]

Authored by Daisy Luther via The Organic Prepper blog, Little is more annoying than seeing a wealthy government official solemnly telling you to stay home, forgo time with your family, and stop working while losing tons of money in missed wages. Well, except for one thing. It’s more annoying when that government official is telling you to hunker down while they’re out partying in one luxurious […]

By Cai Xia, a Professor at the Central Party School of the Chinese Communist Party from 1998 to 2012. This essay was translated from the Chinese by Stacy Mosher (Read in Chinese here). When Xi Jinping came to power in 2012, I was full of hope for China. As a professor at the prestigious school that educates top leaders in the Chinese Communist Party, I knew […]

Authored by Ash Staub via HumanEvents.,com, If one were to consider the upward transfer of wealth and market share to Big Business since the start of the COVID-19 pandemic, one would think such economic changes were intended. After all, it’s no secret that the interests of politicians and the corporate elite align more often than not. As we near a year of lockdowns and sheltering in place, the […]

By Jonathan Maze of Restaurant Business The restaurant industry lost 17,400 jobs in November, according to new data from the U.S. Department of Labor released on Friday. It was the first monthly decline in the number of restaurant workers since April, suggesting that a renewed virus and state shutdowns of dine-in service are taking their toll. The data is likely to increase pressure on Congress and […]

U.S. law enforcement agents told Reuters that powerful Chinese “money brokers” operating in small cells have “upended the way narcotics cash is laundered.” They’re replacing traditional Mexican and Colombian money men who would typically launder drug money.  In focus is a Chinese businessman named Gan Xianbing, who will be sentenced early next year in a Chicago courtroom for laundering Mexican cartel money to China.  Earlier this year, Xianbing […]

Before we start, let’s get one thing straight… the US economy is going south fast as the labor market nears its weakest of the year, retail is tumbling, and even ‘soft’ survey hope is rolling over… those are the ‘sciency facts’… Source: Bloomberg But, as always, bad news is the best news as it merely forces the hands of our benevolent central planners to do more […]

As President-Elect Biden continues naming people to his administration, it’s looking increasingly like BlackRock could be replacing Goldman Sachs as the financial company with the largest presence inside the White House. There are rumors circulating that Biden is going to name two executives from BlackRock, which has more than $7 trillion under management, to positions on his economic team, according to the NY Post.  Brian Deese, […]

As LA Mayor Eric Garcetti kicks off the most restrictive lockdown in the country in the City of Angels, it appears even walking and exercise are now banned as California takes a page out of Australia’s COVID-19 playbook. During comments earlier this week, the LA Mayor warned “it’s time to cancel everything”, including “unnecessary travel on foot” – also known as ‘walking’. JUST IN: Los Angeles […]

Politico reports on Friday what appears to be the Trump admin’s final house cleaning of Pentagon top civilian ranks.  Multiple members of the Defense Business Board, the members of which are appointed annually by the Secretary of Defense to help streamline interaction with the defense private sector, were notified by White House email that they have been unexpectedly terminated. Two former board members described it as Trump’s final “clean […]

A criminal defense attorney for 17-year-old Kyle Rittenhouse has stepped back from the case after prosecutors raised questions over his links to an “unregulated slush fund” for the teen, according to the Chicago Tribune. On Thursday, hours after prosecutors sought to block Los Angeles civil lawyer John M. Pierce from representing Rittenhouse against a murder charge and other counts stemming from an August 25 shooting incident […]

Authored by Jonathan Turley, Below is my column in USA Today on the implications of the appointment of U.S. Attorney John Durham as a Special Counsel.  House Intelligence Committee Adam Schiff and other Democrats have already denounced the move and called for the next Attorney General to consider rescinding the appointment.  While Schiff previously called for legislation to protect Special Counsel Robert Mueller to complete his work […]

Georgia Governor Brian Kemp (R) has called for a signature audit of the 2020 election after CCTV footage from election night appears to show several Atlanta poll workers engaged in late-night ballot fraud. “I called early on for a signature audit,” Kemp said in an interview with Fox News‘s “Ingraham Angle,” adding “I think it should be done… I think, especially with what we saw today […]

Authored by Paul Joseph Watson via Summit News, Nike, Coca-Cola and Apple, three corporations that vehemently supported the Black Lives Matter movement after the death of George Floyd, are lobbying against a US ban on imports of products produced by Chinese slave labor. The Uyghur Forced Labor Prevention Act, which is awaiting a green light from the Senate, bans the import of goods produced in Xinjiang […]

As ‘soft’ survey data rolls over, and ‘hard’ data continues to slide, analysts expect Factory Orders growth in October to slow modestly from its surprise pop in September, and it did but slightly better than expected. Factory Orders rose 1.0% MoM, better than the +0.8% MoM expected (but slower than the upwardly revised +1.3% MoM in September). Source: Bloomberg This is the 6th monthly rise in […]

By Matt Taibbi, via SubStack Whether it’s CNBC telling us what issues mattered to the young in the presidential election, or Yahoo! Finance telling us the big winners in the 2020 election were “young people and student voters,” or Forbes telling us “young people with student loan debt have a harder time reaching financial milestones,” the student loan controversy is almost universally presented as a “youth” […]

As noted earlier in our preview, consensus expected a return to weakness in the labor market as surging Covid-19 case counts have led to to a return of lockdown measures, which explicitly means less hiring and sure enough moments ago the BLS reported that in November, a paltry 245K jobs were added, a huge miss to the 470K expectation and a sharp drop from the 610K […]

After several months of blistering job growth, economists expect the rate of US jobs growth to cool sharply in November, with consensus looking for 478k nonfarm payrolls to be added to the economy (well below the 638k seen in October) due to the broad-based resurgence of the coronavirus and related business restrictions which are consistent with a deceleration in job growth; the jobless rate is seen […]

With equity valuations surpassing levels of frothiness not seen since 1929 (according to the popular S&P 500’s CAPE ratio)… …DoorDash, one of several hot tech IPOs expected before the end of the year, just hiked its IPO price range from $75 to $85 up to $90-$95, raising the company’s debut price by $10-$15, according to an amendment to the company’s S-1 filed Friday morning. DoorDash could […]

Real Vision editor Max Wiethe is joined by both Jack Farley and Ed Harrison in this multi-part edition of The Daily Briefing. In part one, Jack and Max discuss the swirling optimism and pessimism surrounding reopening favorites like airlines and movie theaters and debate whether these industries and others like commercial real estate are in store for a new normal post-COVID. In part two, Ed Harrison […]

If you liked your ‘Tony Fauci’ before, you can keep your ‘Tony Fauci’… During an interview with CNN this afternoon, Joe Biden told Jake Tapper that he has asked Dr. Anthony Fauci to be a chief medical adviser and part of his Covid-19 response team when his administration begins next year. Biden said the conversation happened on Thursday afternoon. “I asked him to stay on in […]

The United Nations voted on Wednesday to remove medical marijuana from a list of the world’s most dangerous drugs – a move which could pave the way for an expansion of both consumption and research of the controversial plant. The vote by the UN’s Commission for Narcotic Drugs followed guidelines from the World Health Organization (WHO) on reclassifying cannabis and its derivatives, according to the New […]

Authored by Michael Snyder via TheMostImportantNews.com, When a huge silver monolith was spotted in a very remote section of the desert in southeastern Utah, it immediately created a media sensation. But then it disappeared. A similar monolith had also been discovered in Romania, but now it is gone too. Then on Wednesday, everyone was buzzing about a third monolith that had been spotted in California. They […]

As DB’s Jim Reid wrote in his Wednesday chart of the day, “one chart that I’ve used in various forms ever since I read “Irrational Exuberance” by Robert J. Shiller back in March 2000 is the S&P 500 CAPE ratio of the S&P 500. This is the cyclically adjusted P/E by looking at 10 years of earnings not the current. The chart is a regular in […]