Dam failure prompts evacuations, flash flood emergency in Michigan… Could be under 9 feet of water! Chicago breaks May rainfall record for third year in a row

  State of emergency declared, evacuations underway for 10,000 residents in Michigan following dam failure Michigan Gov. Gretchen Whitmer issued an emergency declaration after the Edenville Dam and Sanford dams failed in Midland County, forcing thousands of residents to immediately evacuate their …

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NEW OUTBREAK: CHURCHES FORCED TO RECLOSE

  Two southern churches forced to reclose after leaders, congregants get coronavirus Two churches in Georgia and Texas that reopened recently amid the novel coronavirus pandemic have since closed their doors again after churchgoers and religious leaders tested positive for …

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Reopening Isn’t About Class Warfare

by Patrick Watson In theory, outside threats should make people set aside differences. The novel coronavirus seems to be doing the opposite. That may be because two influential groups—politicians and the news media—actually need conflict. If none exists, they create it. The …

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Purchases of uncollateralized debt, using 10-to-1 leverage beyond Congressionally allocated funds, and treating those uncollateralized bonds AS THEIR OWN COLLATERAL, reflects neither the “letter” nor the “spirit” of the law.

Purchases of uncollateralized debt, using 10-to-1 leverage beyond Congressionally allocated funds, and treating those uncollateralized bonds AS THEIR OWN COLLATERAL, reflects neither the "letter" nor the "spirit" of the law.@FederalReserve @ChrisVanHollen https://t.co/2RLow3Czz9 — John P. Hussman, Ph.D. (@hussmanjp) May 19, …

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“This is still the most bearish bear market that we have seen so early in a global recession. It’s too early to call the all-clear.”

https://twitter.com/TenYearNote/status/1262888028533477376 https://twitter.com/ThinkTankCharts/status/1262828860233695233 In Georgia, where restaurants have been open for three weeks, bookings are still down by 84% https://t.co/fqlY1AT9Xr — The Economist (@TheEconomist) May 20, 2020 The retail sales report in the US suggests a disastrous fall in personal consumption …

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TRUMP: Pelosi Has Mental Problems

Trump says Pelosi has ‘mental problems’ after ‘morbidly obese’ comments Donald Trump refused to directly respond to Speaker Nancy Pelosi’s criticism over his decision to take an unproven malaria drug to prevent coronavirus because he is “morbidly obese,” but minutes …

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