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NYU School of Law professor Ryan Goodman warned that Dr. Anthony Fauci’s decision to repeatedly invoke the Fifth Amendment during a combative Senate hearing on Wednesday could leave him in a “worse” position. Fauci, who appeared before a panel led by Republicans accusing him of helping to cause the Covid-19 pandemic and suggesting he profited … Read more
Headline GDP limps in at 1.5% while AI capex and rich people spending carry the load. Strip those out and the “strong economy” story gets real thin real fast. Real GDP rose at a 1.5% annualized pace in the second quarter. That missed economist forecasts of roughly 1.8% to 2.1%. Growth slowed from 2.1% in … Read more
The Trump-era Covid czar pushed for pandemic safety requirements such as face mask use and social distancing that drew criticism from Republican lawmakers — particularly in Florida TALLAHASSEE, Florida — Florida Attorney General James Uthmeier announced a state investigation into Anthony Fauci on Wednesday amid continued GOP scrutiny in Washington. The Trump-era Covid czar pushed … Read more
Kevin Warsh is Fed Chair. At the latest FOMC the committee held rates steady at 3.5% to 3.75% in a 9-3 vote, with three members dissenting for a hike. Warsh has repeatedly stressed commitment to the 2% inflation target and said the Fed will deliver price stability, yet rates have not been raised under his … Read more
The broader AI and semiconductor complex has posted sharp July drawdowns. Funds with heavy memory exposure, including high-profile AI books, are under pressure and reducing positions. China capacity expansion and peer earnings continue feeding the glut narrative. Memory is a potato in the semiconductor industry – it's very easy to produce, very easy to scale, … Read more
When a high-profile AI book running heavy leverage starts cutting positions under broker pressure the forced selling can itself pressure the same crowded names further. That is how a correction turns into a cascade. Leopold Aschenbrenner’s Situational Awareness hedge fund got crushed in the AI and semiconductor sell-off. The fund was reported at around $20 … Read more
Court just told the “catch and release forever” crowd that no, you don’t get to walk around while the government tries to remove you. The Fifth Circuit held that illegal aliens lack a constitutional right to release from ICE custody while removal cases are ongoing. The ruling stayed district-court orders that had directed bond hearings … Read more
President Trump announced he will reward a Santa Cruz lifeguard with a “high civilian honor” after he saved a little boy from monster waves that sucked him into the surf. The16-year-old lifeguard dove into the water and fought the powerful tide to reach the child and bring him back to shore at Seabright Beach. “We’re … Read more
by Michael President Trump’s profanity-laced tirade about Iran has shocked people all over the globe, and it appears that things are about to get really crazy in the Middle East. At the end of last week, all of the signs were pointing in the direction of a major escalation of the Great Middle East War, but then … Read more
When I was a kid, 'fink' was synonymous with 'thief' 🤷♂️ btw- weird how both South Korea and Japan markets rocketed north at the same time- Tariff War o'clock, 2025 pic.twitter.com/QHtnVOkZB9 — Not-A-Democrat (@MlogicGr8Again) July 29, 2026
Every honest cop is happy with body cameras. And they have all said it, on average, improves the behavior they see. Former Madison Mayor Paul Soglin’s perspective on why Madison police don’t have body cameras (Soglin was mayor until 2019): pic.twitter.com/IOg8IzpblU — Molly Beck (@MollyBeck) July 24, 2026 h/t Glenn
via gainspainscapital A couple of weeks. That’s all it took to erase three months’ worth of gains. The Kospi tanked 11.4 percent on Wednesday to 5,338.56, with SK Hynix down 18 percent and Samsung falling 12.5 percent, extending an almost 11 percent dive from the day before. The two day decline now exceeds 18 percent, … Read more
Ruby Rippey, the woman whose affair with then-Mayor Gavin Newsom sparked a 2007 California political scandal, detailed the encounter step-by-step in a piece published Tuesday in Vanity Fair, while revealing the role former Vice President Kamala Harris played in advising her afterward. Rippey, who was married to Newsom’s campaign manager at the time, Alex Tourk, … Read more
The U.S. national debt reached its highest-ever level of $39.5 trillion in June, a 37% increase from its pre-pandemic levels, and one top VC is putting the blame squarely on President Donald Trump. In total, the government now owes the equivalent of $113,000 per person, according to USAFacts, a nonprofit civic initiative cofounded by former … Read more
Sen. Rick Scott questioned Dr. Anthony Fauci about Bill Gates’ security clearance, NIH royalty payments and other topics during a Senate hearing. Fauci repeatedly invoked his Fifth Amendment rights and declined to answer. Chairman Rand Paul later entered into the record what he said was a Department of Energy letter stating that Bill Gates was … Read more
by Martin Armstrong Student loan defaults have surged to 9.2 million borrowers, representing roughly one in every five people with student debt. What is astonishing is the speed of the deterioration. There were approximately 6 million borrowers in default last August. That figure jumped to 7.7 million by December. By April it had reached 9.2 … Read more
Dear Diary… If I plead the Fifth, will I still be famous? pic.twitter.com/f0OwHbTOMO — Secretary Kennedy (@SecKennedy) July 29, 2026 🚨 WOW! Sen. Bernie Moreno just BLEW UP on Dr. Fauci after his policies caused a mother to be arrested for watching a football game with her own family outside "Who the F*CK do you … Read more
She told taxpayers to leave. Now she needs their money back. pic.twitter.com/Lzf8rO4vCg — The Atlas Society (@TheAtlasSociety) July 29, 2026 In 2022 Kathy Hochul told Republican opponents to jump on a bus and head to Florida. She said “Get out of town because you don’t represent our values.” Wealthy residents and businesses have continued leaving … Read more
Brussels just made every AI image and deepfake wear a name tag. The watermark era officially begins next week. New transparency rules under Article 50 of the EU AI Act apply from 2 August 2026. Providers of generative AI systems must design them so synthetic text, images, audio, and video carry machine-readable marks. These marks … Read more
Character development is wild. Fauci invoked the Fifth Amendment on multiple questions during a related Senate hearing. Paul released additional earlier Fauci records covering 2001-2015 about biodefense work. Dr Fauci is such an impressive man. Americans should listen to him about coronavirus not the President.👇 https://t.co/u0MtaHCQcF — Piers Morgan (@piersmorgan) July 28, 2020 Americans need … Read more