JOEL KOTKIN: America’s Overdue to Unfriend Mark Zuckerberg: The tech boss is finally being recognized as the American villain he is, rather than the folk hero he’s tried to present himself as.

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via thedailybeast: Zuckerberg finally stands exposed as a leading member of the new techno-aristocracy manipulating the world and shaping our society to fit their own world view, while getting ever richer in the process. This ascendency offers little for most Americans, even as Americans have provided so much to Zuckerberg and his ilk as tech … Read more

Ranchers forced to sell 4,200 head of cattle as drought conditions worsen

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One month ago, we shared how ranchers were waiting for their pastures to green up to turn the cattle out. Now, we’re sharing the tough decision these men and women have to make. “Our situation is getting pretty dire and ugly,” said David Bohl. https://www.kxnet.com/news/top-stories/ranchers-forced-to-sell-4200-head-of-cattle-as-drought-conditions-worsen/   AC

The 0.001% Never Thought We’d Find This Out

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The very richest Americans win at the tax game no matter which measure you use. ProPublica has published an article, based on a vast trove of never-before-seen IRS information, that reveals the pittance in taxes the ultrawealthy pay compared with their massive wealth accumulation. But that trove of IRS data also reveals new information on how … Read more

Senators request Supreme Court travel records… High Court needs better transparency?

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Whitehouse and Kennedy request Supreme Court travel records Two key senators want travel records of Supreme Court justices as part of a broader congressional look at financial disclosure standards for the receipt of gifts, travel and other financial gains by senior government officials. Rhode Island Democratic Sen. Sheldon Whitehouse and Louisiana Republican Sen. John Kennedy … Read more

CRAZY: 46 COUNTERPARTIES TAKE $497.4B AT FED’S FIXED-RATE REVERSE REPO… TRADERS LAST WEEK SPENT $11.6 BILLION ON OPTIONS CONTRACTS TIED TO $AMC, MORE THAN ON $SPY, $QQQ AND $TSLA COMBINED

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almost got to half a trillion *46 COUNTERPARTIES TAKE $497.4B AT FED'S FIXED-RATE REVERSE REPO pic.twitter.com/CK5PcTrnvN — Brian Chappatta (@BChappatta) June 8, 2021 TRADERS LAST WEEK SPENT $11.6 BILLION ON OPTIONS CONTRACTS TIED TO $AMC, MORE THAN ON $SPY, $QQQ AND $TSLA COMBINED -CBOE — FXHedge (@Fxhedgers) June 9, 2021 https://twitter.com/DereckCoatney/status/1402357280209784833 https://twitter.com/NorthmanTrader/status/1402340262781886468 More than ever, … Read more

OUCH! #Bitcoin extends losses as traders eye $30K.

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OUCH! #Bitcoin extends losses as traders eye $30K. pic.twitter.com/ZStFGGNJjj — Holger Zschaepitz (@Schuldensuehner) June 8, 2021 $BTC bitcoin pic.twitter.com/8f2UWQAsmC — Álvaro Oviedo (@alvoviedo) June 8, 2021 Coinbase trying to send a message… pic.twitter.com/3gNWa0JeQ7 — Gannon Breslin (@gannonbreslin) June 8, 2021 MicroStrategy proposed $400 Million in bonds to buy more #bitcoin and they got $1.6 Billion … Read more

Don’t Fall Off the Fiscal/Monetary Cliffs of 2022 with Michael Pento

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from Kerry Lutz’s Financial Survival Network Michael Pento is back… The Fed’s efforts to create inflation have succeeded beyond their wildest expectations. They’ve created $4 trillion and their balance sheet is $8 trillion. We had tremendous amounts of helicopter money raising stock prices and home prices. Enhanced unemployment, mortgage and rent forbearance, student loan deferment are all … Read more

Worldwide raids target organised crime

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There are currently raids on the criminal underworld being carried out across the globe as authorities aim to tackle organised crime. Australian Federal Police Commander Kirsty Schofield says 250 people have been arrested in the nation’s raids and there has been a “great impact in Australia already”. “We’re really well-placed now…. on ways to apply … Read more

So Companies Should Beg To Pay hacker Ransom In Bitcoin: The DOJ Will Find It And Return It In 4-7 days

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So companies should beg to pay hacker ransom in bitcoin: the DOJ will find it and return it in 4-7 days — zerohedge (@zerohedge) June 7, 2021 They found a few millions "untraceable" bitcoin faster than the $35 trillion in "accounting adjustments" at the Pentagon — zerohedge (@zerohedge) June 7, 2021 https://twitter.com/airguitarsolos/status/1401987089256927241