This is Philadelphia right now. UPDATE: National Guard to be deployed

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This is in West Philadelphia right now. Total anarchy. The governor NEEDS to request all of the National Guard NOW. @TomWolfPA why are you letting Philadelphia be robbed and set on fire? https://t.co/maK8QzCjDo — Robby Starbuck (@robbystarbuck) May 31, 2020 Ongoing LIVE: https://www.fox29.com/live Governor reached out to the National Guard. #BREAKING: The National Guard is … Read more

How President Reagan dealt with Protesters!

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Crossing State lines to incite violence is a FEDERAL CRIME! Liberal Governors and Mayors must get MUCH tougher or the Federal Government will step in and do what has to be done, and that includes using the unlimited power of our Military and many arrests. Thank you! Our National Guard stopped them cold last night. … Read more

More than 50 Secret Service agents are injured in clashes outside the White House: Rioters throw Molotov cocktails in DC while looters trash Gucci and Chanel stores in NYC on a sixth night of violence in cities across the US

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Chaos has continued to unfold in at least 140 cities across America marking the sixth evening of demonstrations decrying the police killing of black man George Floyd Chaos has 140 cities across America marking the sixth evening of demonstrations decrying the police killing of black man George Floyd In Washington DC the historic St. John’s … Read more

Here is a good one: Susan Rice makes claim Russians could be behind violent George Floyd demonstrations

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Watch the latest video at foxnews.com Former Obama administration national security adviser Susan Rice bizarrely suggested in a televised interview Sunday that the Russians could be behind the violent nationwide demonstrations following the in-custody death of George Floyd, although she offered no evidence for the incendiary claim. Rice’s made the claim after top Democrats insisted for years that the White … Read more

Twitter Allows Looters to Coordinate Criminal Behavior While It Declares ‘#BlackLivesMatter’

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Twitter is allowing its users to coordinate criminal behavior on the platform, with dozens of tweets identifying looting targets still on the platform despite the fact that the site was notified by concerned citizens. The company has however changed the description of its official account to “#BlackLivesMatter.” A Twitter search for “Santana Row,” which is … Read more

It’s Decision Time! The Market Has Reached Its “Maximum Stupid” Price Limit

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Authored by Adam Taggart via PeakProsperity.com, The window to act before the next market break is likely very, very short… As the market continues to seek out its maximum stupid price limit, it’s now decision time for investors. If you’re still long stocks and bonds at this point: Do you now sell to protect your gains? If you’re skeptical of today’s … Read more

INSANE VIDEO: Rioters climb on moving rig and rip driver out of vehicle, scream “KILL HIM!!!”

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  This footage is just insane. https://twitter.com/MarkDice/status/1267270623069270016 Article on what happened: A fuel semi-truck drove into a George Floyd demonstration of thousands of people on a bridge in Minneapolis apparently without seriously injuring anyone. A large crowd protesting against the death of Floyd and against police brutality had blocked the Interstate 35 west bridge near downtown Minneapolis on Sunday … Read more

This Is How Systems Collapse

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by Charles Hugh-Smith Flooding the financial system with “free money” only restores the illusion of stability I updated my How Systems Collapse graphic from 2018 with a “we are here” line to indicate our current precarious position just before the waterfall: For those who would argue we’re nowhere near collapse, consider that over 20% of the … Read more

From Ice-Cold to Hot: Daily Pending Home Sales in May so Far, 15 Cities Around the US

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A near-real-time roller-coaster of home sales during the pandemic via charts. By Wolf Richter for WOLF STREET. On May 28, I reported how the National Association of Realtors’ Pending Home Sales Index for the US had plunged 34% in April. These are sales where contracts were signed in April, and were expected to close over the next month or … Read more

In a debt deflation depression, oversupply is not the solution… it’s the problem.

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#recession … #GFC2 editionvia @sunchartist In a #debt #deflation #depression, oversupply is not the solution… it's the problem. 📉 https://t.co/dslhvHj4W0 — Invariant Perspective (@InvariantPersp1) May 31, 2020 Cuts to employment and spending by state and local governments likely to weigh on growth for years, economists say. https://t.co/vCvFVzQrLm — Real Time Economics (@WSJecon) May 31, 2020 … Read more