Uber, Lyft, HopSkipDrive and Zum jointly filed papers challenging the authority of the California Public Utilities Commission to determine that their drivers are employees.

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https://www.sfchronicle.com/business/article/Uber-and-Lyft-say-regulator-can-t-make-drivers-15380707.php Uber and Lyft may be headed for a showdown with the California agency that regulates them. The San Francisco ride-hailing companies, along with two smaller ride services for children called HopSkipDrive and Zum, on Tuesday filed papers challenging the authority of the California Public Utilities Commission to determine that their drivers are employees. At … Read more

An #LA cop has been filmed trying to pepper spray a driver accused of speeding – only for his attempt to end in embarrassing failure.

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An #LA cop has been filmed trying to pepper spray a driver accused of speeding – only for his attempt to end in embarrassing failure. In a follow-up video, driver #JoshSude says he got out of the car when the officer went for his taser, and was issued with a speeding ticket. pic.twitter.com/q8aQXNaplD — RT … Read more

When Fed loses its jawboning power this market will collapse like a house of cards. Until then, ride the bubble wave…

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When Fed loses its jawboning power this market will collapse like a house of cards. Until then, ride the bubble wave $SPY $SPX $NDX — hks55 (@hks55) July 1, 2020 Wow. Nasdaq is up 1% while semis (SOX) down 1%. Last time that happened was in July 2009! — Bespoke (@bespokeinvest) July 1, 2020 Citi … Read more

WHEN MONEY BECOMES WORTHLESS: What a Currency Collapse and Frozen Stock Market Looks Like

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Today Lynette illustrates a clear picture of what it will look like when money becomes worthless…which is exactly where we’re headed. There are hundreds of examples throughout history (and also some very recent ones) which all point to exactly where we are in our Currency-Life Cycle. The current stock market is one of the biggest … Read more

Mannarino: The Markets Are A Mind Twisting PSYOP

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TradersChoice.net, Released on 7/1/20 “This is all about CONTROL.” Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a … Read more

WHO COULD HAVE SEEN THIS COMING?

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Carry Permit Demand Skyrockets in Illinois. The Chicago Tribune reported last week that, “…more than 40,000 Illinoisans applied for a gun permit in a little more than two weeks this month, more than 500% over this time last year, according to Illinois State Police.” Applications for the state’s Firearm Owner’s Identification Card (FOID) from June 1 to 17 also increased by 501 percent … Read more

The Insufferable and Political Media Stupidity Around “The Russian Bounty” Narrative…

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by sundance In case you might have missed the latest faux-controversy assigned by political operatives to the media narrative engineers, the issue surrounds leaked sketchy intelligence reports, to the New York Times, claiming Russians were willing to pay Taliban members to kill U.S. soldiers in Afghanistan.  The evidence provided by the Times includes: (New York Times Graphic Source) From … Read more