A Record 34% Of All Household Income In The US Now Comes From The Government

Following today's release of the latest Personal Income and Spending data, Wall Street was predictably focused on the changes in these two key series, which showed a jump in personal spending, offset by a record surge in ...

https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government

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"Our Warplanes Can Reach Iran": Israeli Intelligence Minister Vows War If "Bad Deal" Reached In Vienna

A topIsraeli intelligence officialhas warned that if the end result of the Vienna talks is a return to the JCPOA nuclear deal, then war between Iran and Israeli will very likely follow.

...

https://www.zerohedge.com/geopolitical/our-warplanes-can-reach-iran-israeli-intelligence-minister-vows-war-if-bad-deal

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Majority Of US Companies Will Require Workers To Provide Proof Of Vaccination

It looks like American colleges won't be alone in making vaccination mandatory for any students who want to return to campus next semester. Despite the White House's determination that vaccination shouldn't be mandatory ...

https://www.zerohedge.com/markets/majority-us-companies-will-require-workers-provide-proof-vaccination

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US Intelligence Tells CongressChina's Nuclear Arsenal "On Track To Exceed Our Previous Projection"

A hearing held by the Senate Armed Services Committee this week on the range of threats the United States faces globally focused on China and Chinese leadership viewing US power as "declining" while ...

https://www.zerohedge.com/geopolitical/us-intelligence-tells-congress-chinas-nuclear-arsenal-track-exceed-our-previous

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US Already Planning How To "Choke" Chinese Submarines In Case Of Conflict

A hugely significant weakness and set-back for the Chinese Navy and particularly its submarine capability was featured inrecent Nikkei analysis, which found that its coastal system already has geography working against it, ...

https://www.zerohedge.com/geopolitical/submarine-chokepoint-control-chinas-coast-puts-us-allies-huge-advantage

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Chelsea Clinton Calls For Global Crackdown On "Anti-Vax" Social Media Posts

Speaking at a Vatican-organized conference meant to promote "open dialogue", Chelsea Clinton called for a global effort to crack down on all "anti-vax" social media posts, or anything that's 'skeptical' of the official ...

https://www.zerohedge.com/political/chelsea-clinton-calls-global-crackdown-anti-vax-social-media-posts

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US Navy Seizes Massive Weapon Shipment From Stateless Vessel In Arabian Sea

The guided-missile cruiserUSS Monterey(CG 61) seized a massive shipment of illicit weapons last week that was being transited through international waters of the North Arabian Sea, according to theUS Navy.

A Sikorsky SH-...

https://www.zerohedge.com/geopolitical/us-navy-seizes-weapon-shipment-stateless-vessel-arabian-sea

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China Enforces New Boundary With Nepal At Summit Of Everest To Keep Infected Climbers Out

In the latest sign that Beijing is warily eyeing the outbreak in India as it spills over its borders into neighboring Nepal, China has set up a "line of separation" at the summit of Mount Everest to prevent ...

https://www.zerohedge.com/covid-19/china-enforces-new-boundary-nepal-summit-everest-keep-infected-climbers-out

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UK Rail Disruption Caused By Train Cracks Expected To Last for Weeks

Authored by Alexander Zhang via The Epoch Times,

The ongoing disruption to Britains rail services, which were caused by problems found in Hitachis high-speed trains, is expected to continue for weeks.

Rail companies said over ...

https://www.zerohedge.com/markets/uk-rail-disruption-caused-train-cracks-expected-last-weeks

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EU Urges US To Ramp Up COVID Vaccine Exports As Desperate Nations Turn To China

In the latest edition of his substack newsletter "BIG, Matt Stoller tackled the Biden Administration's decision to back a proposal at the WTO to waive IP protections for COVID-19 vaccines produced by Moderna, BioNTech...

https://www.zerohedge.com/covid-19/eu-urges-us-ramp-vaccine-exports-world-turns-china

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Rabo: "Transitory" Inflation Today; Price Controls And Rationing Tomorrow?

By Michael Every of Rabobank

Pricing and Poetic Justice

With global cargo routes log-jammed; a key US oil pipeline still shutdown, leading to another backlog of ships idling off-shore; log-jammed cargo ships off the ...

https://www.zerohedge.com/markets/rabo-transitory-inflation-today-price-controls-rationing-and-industrial-policy-tomorrow

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Jim Grant: The Fed Can't Control Inflation

Via SchiffGold.com,

Federal Reserve Chairman Jerome Powell insists inflation is transitory. As prices have spiked throughout the economy,Powells messaginghas essentially been, Move along. Nothing to see here.

Peter Schiff has been saying the central ...

https://www.zerohedge.com/economics/jim-grant-fed-cant-control-inflation

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Billionaire Alan Howard Returns Money From Secretive Hedge Fund After Record Run

Just weeks after Brevan Howard last made the headlines on reports that it was buying bitcoin as a hedge against de-dollarization, the firm's billionaire co-founder Alan Howard has reportedly started returning assets ...

https://www.zerohedge.com/markets/billionaire-alan-howard-returns-money-secretive-hedge-fund-after-reporting-record-gains

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"His Womanizing Was Well Known": Flood-'Gates' Open As Biographer Details Microsoft Founder's Salacious Past

Before Bill Gates was known as an elitist nerd masquerading as a leading vaccine expert, the Microsoft co-founder was a hard-partying womanizer who recruited local strippers to attend naked...

https://www.zerohedge.com/political/his-womanizing-was-well-known-flood-gates-open-biographer-details-microsoft-founders

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States Urge Facebook To Abandon Plan For Children's Instagram

Authored by Janita Kan via The Epoch Times,

A bipartisan coalition of attorneys general is urgingFacebookto abandon its plans to create a platform for children under the age of 13.

The attorneys general sent a letter to Facebooks CEO ...

https://www.zerohedge.com/technology/states-urge-facebook-abandon-plan-childrens-instagram

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Watch: Sen. Paul Shreds Fauci Over 'Gain-Of-Function' Funding

Senator Rand Paul (R-KY) went to town on Dr. Anthony Fauci Tuesday during a Tuesday hearing in front of the Health, Education, Labor and Pensions committee.

Paul alleged that the National Institutes of Health (NIH) had used a middle-...

https://www.zerohedge.com/political/watch-sen-paul-rips-fauci-over-gain-function-funding

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The Worker Shortage In New Jersey Is Getting Ridiculous

New Jersey 101.5 talk show host Dennis Malloy, via NJ101.5

You've no doubt seen help wanted signs in store windows all over New Jersey.

At a local garden center this weekend the guy helping me find stuff and checking me out looked a little ...

https://www.zerohedge.com/economics/worker-shortage-new-jersey-getting-ridiculous

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Hedge Funds Descend On Puerto Rico As Biden Tax Threat Looms

With President Biden and the Democrats on the warpath to separate the richest Americans from their income, hedge funds managers are starting to expand into Puerto Rico - leaving open the possibility of relocating to the island to obtain ...

https://www.zerohedge.com/economics/hedge-funds-descend-puerto-rico-biden-tax-threat-looms

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Penn State Administrator Who Failed To Report Sandusky Sex Crimes With Minors Received $330,699 Public Pension

By Adam Andzejewski of OpenTheBooks.com, submitted by RealClearPolicy.com,

In 2001, Gary Schultz was Penn States senior vice president for finance and business when he was told that ...

https://www.zerohedge.com/markets/penn-state-administrator-who-failed-report-sandusky-sex-crimes-minors-received-330699

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Le Pen Warns Macron "Danger Of Civil War" Looms If He Doesn't Handle Islamist Problem

The French government and much of the public has reacted with outrage after another open letter issued by military personnelhas warned that France is headed for "civil war" if it doesn't handle its Muslim ...

https://www.zerohedge.com/political/le-pen-warns-macron-danger-civil-war-looms-if-he-doesnt-handle-islamist-problem

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What The Boom In Fraud Says About The Current Market Environment, Part 2

Authored by Jesse Felder via TheFelderReport.com,

Just about three months ago, I wrote ablog postwhich featured this quote, from Charles P. KindlebergersManias, Panics and Crashes: Swindles are a response to the appetite for...

https://www.zerohedge.com/markets/what-boom-fraud-says-about-current-market-environment-part-2

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"The Staffing Shortage Is Real" - Manhattan Restaurants Struggle To Hire As Millions Paid Not To Work

Long-suffer NYC restauranteurs may have been tempted to celebrate when Mayor Bill de Blasio announced yesterday that the Big Apple would "fully reopen" on July 1. But just as the problem of COVID-...

https://www.zerohedge.com/markets/manhattan-restaurants-struggle-hire-servers-too-many-workers-get-paid-stay-home

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Victoria "F*ck The EU" Nuland Is Now Highest-Ranking Member Of US Foreign Service

Authored byRick Rozoff via AntiWar.com,

On Thursday the USSenate confirmed Victoria Nuland as Under Secretary of State for Political Affairs, which has been described as the fourth most important position in the ...

https://www.zerohedge.com/political/victoria-fck-eu-nuland-now-highest-ranking-member-us-foreign-service

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Berkshire Profit Soars As It Sells Others, Buys Back Its Own Stock

Over a decade into the biggest metaphorical massacre of value investors by the Federal Reserve (which sadly was also literal in the case of Charles de Vaulx, a renowned value investor and co-founder of International Value Advisors...

https://www.zerohedge.com/markets/berkshire-posts-near-record-operating-profit-amid-2nd-highest-stock-sales-5-years

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Rates Can Still Come Down Some Even As The Reflation Trade Continues

Authored by Bryce Coward via Knowledge Leaders Capital blog,

Last weekwe wrotehow interest rates may have room to come down a bit before ultimately heading higher later this year and into next year. This line of thinking was ...

https://www.zerohedge.com/markets/rates-can-still-come-down-some-even-reflation-trade-continues

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One-Third Of Basecamp Employees Quit After Ban On Political Discussions At Work

Roughly one-third of employees at Basecamp are quitting after the company instituted a 'controversial' ban on wokeness in the workplace, according to TechCrunch.

After CEO Jason Fried announced in a Monday blog post ...

https://www.zerohedge.com/political/one-third-basecamp-employees-quit-after-ban-political-discussions-work

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McConnell Urges Biden Administration To Drop "Divisive, Radical" 1619 Project From Grant Programs

Authored by Tom Ozimek via The Epoch Times,

Thirty-seven Republicans led by Senate Minority Leader Mitch McConnell (R-Ky.) on Thursday penned a letter to Education Secretary Miguel Cardona urging him...

https://www.zerohedge.com/political/mcconnell-urges-biden-administration-drop-divisive-radical-1619-project-grant-programs

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Senate Intelligence Leaders Say Mystery Sonic Weapon Attacks On US Officials Increasing

After it was revealed Thursday that US intelligence is investigating at least two potential "directed energy" sonic attacks on White House personnel - one of which is alleged to have happened just ...

https://www.zerohedge.com/political/senate-intelligence-leaders-say-mystery-sonic-weapon-attacks-us-officials-increasing

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Biden Unveils New Strategy For North Korea & Wants You To Know It's "Not Trump's"

On Friday the Biden administration announced the completion of its major review of US policy toward North Korea, which revealed deep White House pessimism toward prior Trump efforts to strike a "grand bargain" with ...

https://www.zerohedge.com/political/biden-unveils-new-strategy-north-korea-wants-you-know-its-not-trumps

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Niall Ferguson: How Ike's 1950s America Beat The 'Asian Flu' With Science & Common Sense

This essay is adapted from Mr. Fergusons new book, Doom: The Politics of Catastrophe, which will be published by Penguin Press on May 4. He is a senior fellow at the Hoover Institution at Stanford University...

https://www.zerohedge.com/covid-19/niall-ferguson-how-ikes-1950s-america-beat-asian-flu-science-common-sense

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