Texas just slammed the brakes on 474 gigawatts of data center power requests

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Texas spent years chasing AI data centers with tax breaks. Now the same governor hits the pause button because the grid cannot handle the flood. View post on imgur.com https://www.fox4news.com/news/texas-halts-power-grid-connections-new-data-centers-over-energy-water-supply-concerns This is also reported in the link below “ Amid growing public backlash to the rapid buildout of data centers across Texas, Gov. Greg Abbott … Read more

Americans say they need six figures just to get by. 720,000 workers quit the labor force in one month.

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Salary needed to live comfortably according to NBC Whether it was caregiving responsibilities, feeling discouraged after a long stretch of unemployment or the realization they’re sitting on a pile of money, many Americans have left the workforce entirely. Over the past year, about 1 million workers have thrown in the towel. In June alone, 720,000 … Read more

Fauci’s diary shows he was best friends with the CNN anchors covering him

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The strategy CNN management chose was silence. Just say nothing, and hope the controversy fades away. It's been almost 10 days since Fauci diary entries revealed that two of CNN's top anchors were private pals with the man they were supposed to be objectively covering. From… pic.twitter.com/LnrIgKlTrA — Western Lensman (@WesternLensman) August 3, 2026 Glenn … Read more

Korea tried to cool leveraged trading and retail went even more extreme

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You almost couldn’t write a better example of how markets behave. Korea introduced a new rule to make leveraged single-stock ETFs harder to trade. The goal was simple. Reduce risky speculation. Instead, retail investors just moved the money somewhere else. Starting July 31, Korea raised the minimum deposit requirement for single-stock leveraged ETFs and ETNs … Read more

The guy killed his dad over dishes then got out and is now accused of starting the Spokane fire that burned 700 homes

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https://twitter.com/RapidReport2025/status/2084480708370743335 UPDATE: Aaron Farinacci, the suspect under arrest for arson in connection with the Old Trails fire in Spokane, WA shot his father in 2010 because he didnt want to do the dishes and killed him. He also tried to shoot his mother before trying to kill himself. https://t.co/c2paafpKHS — Ari Hoffman (@thehoffather) August 4, … Read more

Warning: Japan Is About to Break

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via gainspainscapital The Great Debt Crisis of our lifetimes may be just around the corner. Japan is the grandfather of debt and central bank insanity. The U.S. first hit a Debt to GDP ratio of 100% in 2015. Japan did this back in 2001. The U.S. first introduced Zero Interest Rate Policy (ZIRP) and Quantitative … Read more

California Democrats back the 5% billionaire tax. Newsom says no. Wealthy residents start packing

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The California Democratic Party executive board voted Sunday to endorse Proposition 40, the one-time 5% wealth tax on billionaires. It needed a second vote to clear the 60% threshold. The measure is on the November 2026 ballot. It targets California residents worth more than $1 billion as of early 2026, raises an estimated $100 billion … Read more

Trump just posted again saying the U.S. and Iran are currently negotiating. Iran said no. Pakistan said no. US officials said no.

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Trump said talks with Iran “are going on right now” and that negotiations would begin Monday after he called off a planned massive attack. Iran’s Foreign Ministry spokesman said no negotiations with the United States are taking place and none are scheduled. The only talks Iran confirms are with Oman about the Strait of Hormuz. … Read more

Pennsylvania active voter gap crashes to historic low. Dems lead by only 25k after big cleanup

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ThePersistence @ScottPresler I’M IN TEARS I’M SCREAMING The Pennsylvania Department of State just conducted one of its biggest purges ever. Democrats lost TENS of thousands of voters. It’s happening — it’s actually happening. Our work to clean the voter rolls is actually working. Sunlight is the best disinfectant. This is a massive, earth-shattering earthquake of … Read more

Will the US Cavalry be able to ride to the rescue of the Japanese Yen?

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via notayesmanseconomics The business week has started with something we have not seen for quite some time TOKYO, Aug 2 (Reuters) – Japanese Finance Minister Satsuki Katayama will announce on ​Monday that Tokyo and Washington took joint action in the currency market to arrest the yen’s slide to 40-year lows, two Japanese government ‌officials told … Read more

US military is out of ideas on Iran. Crowdsources punishment plans while Russia says it can kill Western leaders anytime

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The request from a senior officer at the US military command carrying out President Donald Trump’s war with Iran came in an email: We need ideas. “We are looking for new creative and unconventional ways to pressure and punish Iran,” an officer in US Central Command’s intelligence branch wrote in a message sent Wednesday to … Read more

Saudi crown prince stops Trump’s massive Iran strike with one phone call

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Phone Call: Saudis Issue Ultimatum to Trump on Behalf of GCC Amid strong rumors that Netanyahu had already agreed with Trump to resume bombings against Iran, Gulf countries like Qatar and the United Arab Emirates were already working behind the scenes. Qatar, in particular, had been warning about the imminent risks to its massive infrastructure … Read more

Robbers attempted to rob the driver and the driver said no way rather we all die here

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https://imgur.com/oTpYqHK 🚨BRAVEST WATCH: Robbers attempted to rob the driver and the driver said no way rather we all di£ here.. What a brave driver👏👏 pic.twitter.com/BLfojRGZrl — WarRoom Nayo (@nayolytic) August 2, 2026 Looks like it’s the real mccoy according to Grok:   **No, this does not appear to be AI-generated.** It is a widely circulated … Read more