Biden Plan To Recover $700 Billion Through IRS Audits Is Unrealistic: Former Officials

The Biden administration's plan to count on $700 billion over the next decade from enhanced IRS audits of the wealthy and corporations - a major source of funding for his economic agenda - is wishful thinking, ...

https://www.zerohedge.com/political/biden-plan-recover-700-billion-through-irs-audits-unrealistic-former-officials

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So It Looks Like Nationalizing Student Loans Has Simply Turned Into One Giant Ponzi Scheme

We've all known that nationalizing student loan debt would turn out to be a terrible decision (just as it is when the government nationalizes any industry). We have been saying it on this site for years: it ...

https://www.zerohedge.com/markets/so-it-looks-nationalizing-student-loans-has-simply-turned-one-giant-ponzi-scheme

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China Pollutes More Than US And All Developed Countries Combined: Report

China's 2019 greenhouse gas emissions exceeded those of the United States and the rest of the developed world combined, according to CNBC, citing a Thursday report by the Rhodium Group - a New York-based advisory group founded...

https://www.zerohedge.com/political/china-pollutes-more-us-and-all-developed-countries-combined-report

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Atlas Is Shrugging: Forget 'The Great Reset', Here Comes 'The Great Reject'

Authored by Mark Jeftovic via BombThrower.com,

The Jackpot Chronicles Scenario #4: Atlas Shrugged

Never mind The Great Reset. Here comes The Great Reject.

It occurred to me that I never did finish the final instalment ...

https://www.zerohedge.com/crypto/atlas-shrugging-forget-great-reset-here-comes-great-reject

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Slap On The Wrist: Honeywell Fined For Sharing F-35, Other Secrets To China

Via South Front,

On May 5th, the US State Departmentannouncedthat it had reached a $13 million settlement with defense contractor Honeywell.

The settlement is over allegations it exported technical drawings of parts for ...

https://www.zerohedge.com/geopolitical/slap-wrist-honeywell-fined-sharing-f-35-other-secrets-china

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Space Force Chief Scientist Says Developing Augmented 'Super Soldiers' Is "Imperative"

Authored by Dave DeCamp via AntiWar.com,

The top scientist in the US Space Force said last week thathuman augmentation should be embracedand that it is "imperative"for the US military to start working on such ...

https://www.zerohedge.com/technology/space-force-chief-scientist-says-developing-augmented-super-soldiers-imperative

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Buffett's Refusal To Split Berkshire Stock Is Creating A 'Y2K-Like' Problem For Nasdaq

After years of lackluster performance, Warren Buffett's Berkshire Hathaway has seen its Class A shares climb 20% so far this year, bolstered by the reflation trade that has sapped tech stocks. But Buffett's old-...

https://www.zerohedge.com/markets/buffetts-refusal-split-berkshire-stock-creating-y2k-problem-nasdaq

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Goldman Announces Formation Of New Crypto Trading Desk

2018 was not a good year for bitcoin, and for cryptos in general: after hitting an all time high of (only) $20,000 in December of 2017, much of the remainder of 2018 was spent with the crypto bubble deflating, with early crypto investors first...

https://www.zerohedge.com/markets/goldman-announces-formation-new-crypto-trading-desk

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Tesla Admits Its Still "Firmly In Level 2" Autonomy, Won't Have Full Self Driving By Year's End

Elon Musk said in January of this year that he was"highly confident [a Tesla] will be able to drive itself with reliability in excess of human this year."

To many of us, we knew it was nonsense. Musk ...

https://www.zerohedge.com/markets/tesla-admits-its-still-firmly-level-2-and-wont-have-full-self-driving-years-end

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Ayatollah Khamenei Calls Israel "Not A Country, But A Terrorist Base" As Vienna Talks Intensify

In a fiery Friday sermon on the occasion of "Quds Day"an Iranian Islamic holiday that commemorates the expected "liberation of Jerusalem" and which falls every yearon the last Friday of RamadanIran's ...

https://www.zerohedge.com/geopolitical/ayatollah-khamenei-calls-israel-not-country-terrorist-base-vienna-talks-intensify

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COVID Vaccine Makers Prepares For Long Legal Battle As US Backs IP Waiver

Now that Germany has broken with the US over the question of whether to back a waiver for COVID vaccine IP that's been proposed at the WTO, pharmaceutical giants like Pfizer that were planning on COVID-19 vaccines becoming a...

https://www.zerohedge.com/covid-19/covid-vaccine-makers-prepares-long-legal-battle-us-backs-ip-waiver

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JPM: Biden's Infra Bill Faces Enough Dem Opposition That It Will Be Materially Lower Than $4 Trillion

After weeks of bombastic announcements by the Biden administration, which included an utterly unprecedented $6trln in new federal spending split between The American Families Plan, American Jobs ...

https://www.zerohedge.com/markets/jpm-bidens-infra-bill-faces-enough-dem-opposition-it-will-be-materially-lower-4-trillion

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Here Are The Best Performing Assets In April And YTD

April was another solid month for financial markets, with 31 of the 38 non-currency assets in Deutsche Bank's main sample gaining ground (alas, unlike Goldman, DB refuses to include cryptos to the main sample of assets it tracks).

As DB's Henry...

https://www.zerohedge.com/markets/here-are-best-performing-assets-april-and-ytd

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Vaccine Passports Are Coming To Sports Venues

Vaccine passports (or passes or certificates) are being deployed at over 60 US stadiums and other venues this summer to get the economy "back to normal," according toReuters.

Major League Baseball's San Francisco Giants and New York Mets are some of ...

https://www.zerohedge.com/covid-19/vaccine-passports-coming-sports-venues

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Peruvian Presidential Front-Runner Says He'll Seize 70% Of Profits From Overseas Businesses

In a model that is surely going to soon be adopted and pushed by AOC and other deep thinkers on the left in the U.S., Peru's presidential front-runner Pedro Castillo has come out and said he would "seize ...

https://www.zerohedge.com/markets/peruvian-presidential-front-runner-says-hell-seize-70-profits-overseas-businesses

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World's Most Powerful Tidal Turbine Deployed Off Scotland's Coast

Bank of America equity strategist Haim Israel recently told clients by 2030, Europe will generate about 85% of its electricity from renewable sources. Solar and wind have stolen the spotlight in the green energy transition. But ...

https://www.zerohedge.com/technology/worlds-most-powerful-tidal-turbine-deployed-scotlands-coast

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"The World's Biggest Problem" - Kissinger Warns Of "Colossal" Dangers In Growing US-China Tensions

Former US national security adviser Henry Kissinger has warned that strains between Washington and Beijing pose the biggest problem for the world, and a failure to improve them risks a cold war ...

https://www.zerohedge.com/geopolitical/worlds-biggest-problem-kissinger-warns-colossal-dangers-growing-us-china-tensions

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Dogecoin Spikes 50% Intraday, Cripples Robinhood's Crypto Trading

While most eyes were on the surge in Ethereum this morning, the real animal spirits are in Dogecoin, which is up 50% today, topping 60c for the first time ever...

Doge has now surged above Ripple to become the 4th largest ...

https://www.zerohedge.com/crypto/dogecoin-spikes-50-intraday-cripples-robinhoods-crypto-trading

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"You'll Never Be White" - Black Teacher's Racist Rant Highlights Need To Equip All Officers With Body Cameras

Authored by Jonathan Turley,

For years, I and others have argued for body camera (and police interrogation cameras) to be used in every jurisdiction. Despite the obvious value of such ...

https://www.zerohedge.com/political/youll-never-be-white-black-teachers-racist-rant-highlights-need-equip-all-officers-body

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Panic Hoarding Guns Now Enters 16th Month As Biden Seeks Ban

Americans continued to panic hoard guns for the 16th straight month in April, according to theFBI'sNational Instant Criminal Background Check System's (NICS) statistics report. The data provides insight into the trends behind Americans ...

https://www.zerohedge.com/political/panic-hoarding-guns-now-enters-16th-month-biden-seeks-ban

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Chauvin Seeks New Trial, Alleges Prosecutorial & Jury Misconduct

In what will likely come as no surprise to many - especially given the judge's own remarks during closing arguments - Derek Chauvin's lawyerfiled a motionon Tuesday in Hennepin County, Minnesota, for a new trial on multiple grounds ...

https://www.zerohedge.com/political/chuavin-seeks-new-trial-alleges-prosecutorial-jury-misconduct

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Biden Versus Biden On "Is America A Racist Country?"

Authored by Pat Buchanan via Buchanan.org,

Hear me clearly: America is not a racist country.

So declared Sen. Tim Scott, a Black Republican, in his televised rebuttal to Joe Bidens address to Congress.

Asked the next day what he thought of ...

https://www.zerohedge.com/political/biden-versus-biden-america-racist-country

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Australia Boomerangs On 'Racist' India Flight Ban After Backlash

Australian Prime Minister Scott Morrison has majorly backtracked from statements made by treasurer Josh Frydenberg - who said last week that citizens trying to return home from COVID-stricken India will face fines and jail time, ...

https://www.zerohedge.com/covid-19/australia-boomerangs-racist-india-flight-ban-after-backlash

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Egypt Prepares To Unveil New 'Octagon'Defense Headquarters

Via AlMasdarNews.com,

Egyptian military sources reportedly toldRT Arabicthis week that Egypt is preparing to open the new headquarters of its armed forces.

The headquarters of the new Egyptian army, dubbed "the Octagon", was designed to ...

https://www.zerohedge.com/geopolitical/egypt-prepares-unveil-new-octagon-defense-headquarters

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The Energy Crisis That No One Is Talking About

Authored by Gail Tverberg via Our Finite World blog,

We live in a world where words are very carefully chosen. Companies hire public relations firms to give just the right spin to what they are saying. Politicians make statements which suggest that ...

https://www.zerohedge.com/energy/energy-crisis-no-one-talking-about

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The Inflation Monster Has Been Unleashed

Authored by Bruce Wilds via Advancing Time blog,

The monster known as inflation has been unleashed upon the world and will not easily retreat into the night. This is reflected in soaring commodity and housing prices. Due to the stupid and self-serving ...

https://www.zerohedge.com/personal-finance/inflation-monster-has-been-unleashed

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$170,000 Per Year: The Post-COVID Hiring Crunch Is Hitting The World Of AI Data Scientists

We already know that minimum wage payers are having trouble recalling workers for their post-Covid plans. And why wouldn't they? Laid off workers have been making more on unemployment and PPP loans over the ...

https://www.zerohedge.com/markets/post-covid-hiring-crunch-hitting-world-ai-data-scientists

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Uneven Recovery Leaves Working-Poor Communities In The Dust

The US economy is fragmented more than ever. Millions of Americans continue to suffer job loss and housing and food inequities. At the same time, 650 billionaires in the US saw their net worth increase by more than $1 trillion since the ...

https://www.zerohedge.com/personal-finance/uneven-recovery-leaves-some-communities-behind

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Ranking US Generations On Their Power And Influence Over Society

Were on the cusp of one of the most impactful generational shifts in history.

As it stands, the Baby Boomers (born 1946-1964) are Americas most wealthy and influential generation. But, as Visual Capitalist's Carmen Ang details below...

https://www.zerohedge.com/political/ranking-us-generations-their-power-and-influence-over-society

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Antony Blinken Continues To Lecture The World on Values His Administration Aggressively Violates: Greenwald

Authored by Glenn Greenwald via greenwald.substack.com,

Continuing his world tour doling out righteous lectures to the world, U.S. Secretary of State Antony Blinken on Thursday proclaimed ...

https://www.zerohedge.com/political/antony-blinken-continues-lecture-world-values-his-administration-aggressively-violates

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