Lebanon’s President Blasts Iran, Hezbollah For Using Country As Bargaining Chip Lebanon’s president has angrily lashed out at both Hezbollah and Iran – the latter for using the Lebanese nation and people as a bargaining chip in the war and standoff with the United States and Israel. President Joseph Aoun told CNN in a rare interview that Tehran is exploiting his war-torn nation and issued a fresh demand that Iran’s leadership and […]

Waste Of The Day: Mismanagement At SF Zoo Authored by Jeremy Portnoy via RealClearInvestigations, Topline: The taxpayer-funded San Francisco Zoo “does not have a healthy or stable financial condition,” according to a city audit released in May. The zoo has no written plans or budgets to guide its construction projects, and spent $12 million on them without city approval. Employees are also allegedly hiring their friends and […]

Putin Rejects Open Letter By Zelensky Urging Meet: ‘Pointless’ Russian President Vladimir Putin has responded dismissively to Ukrainian President Volodymyr Zelensky’s open letter issued the day prior, which urged that the two leaders meet in order to finally forge a peace deal and bring an end to the war, now it its fifth year. Putin made clear Friday that he sees no point in holding a personal meeting with Zelensky. He was asked […]

Minnesota Mob Blindness: St. Paul Prosecutor Drops All Charges Against City Church Demonstrators Authored by Jonathan Turley via JonathanTurley.org, Minnesotans are familiar with the perils of “snow blindness,” a temporary blindness caused by overexposure to ultraviolet rays from the reflection from snow and ice. It appears that Minnesota politicians and prosecutors have a type of mob blindness, where they cannot see crimes […]

Trump Tells “Less Shackled” Pulte To Fire Intelligence Officials As Senate Blocks FISA Extension When has the Senate ever not increased government spy powers? When President Trump installs Bill Pulte as acting DNI and instructs him to start kicking hornet nests, apparently.   In a WSJ interview published Friday, Trump revealed he has directed incoming acting Director of National Intelligence Bill Pulte to begin the process of […]

Rubio Backs Bolivia’s Government As Protests Trigger Food, Fuel Shortages Authored by Evgenia Filimianova via The Epoch Times, The United States has pledged additional emergency assistance to Bolivia as protests and road blockades deepen shortages of food, fuel, and medical supplies across the South American country. U.S. Secretary of State Marco Rubio spoke with Bolivian President Rodrigo Paz on June 4 and discussed efforts to […]

“Massive Fumble”: Chicago Bears Leave Blue State Illinois For Indiana After Century Of Football After 106 years of Chicago Bears football in Chicago, the franchise announced it will relocate to pursue a new stadium development about 25 miles away in Hammond, Indiana. “Yesterday, the Chicago Bears Board of Directors met and voted to advance our stadium development project in Hammond, Indiana, with the exact site yet to be selected,” […]

Questions & Answers Authored by James Howard Kunstler, “I’m the look-around candidate. All you have to do to understand why I’m surging in the polls is just look around. . . .” – Spencer Pratt Just watch in wonder and nausea as California’s mail-in ballots dribble in, providing a real-time demonstration of the “Our Democracy” party spitting in the country’s face again, since everybody knows exactly what’s […]

Ringing The Bell: Meta Plunges On Report It May Sell “Tens Of Billions” In New Stock They don’t ring the bell at the top, but they sure do sell a lot of stock. With SpaceX, Anthropic and OpenAI looking to IPO hundreds of billions in common stock (not counting even more hundreds of billions in lock up expirations that will hit the market soon)… … coupled with Google’s record $80 Billion follow on offering (of which half was a […]

Coinbase To Launch Token-Backed Mortgage Down-Payments This Summer Authored by Turner Wright via CoinTelegraph.com, Cryptocurrency exchange Coinbase will allow qualified borrowers to pledge digital assets to fund Fannie Mae-backed mortgage apartments beginning this summer. In a Thursday notice, Coinbase and its partner, Better Home & Finance, said the mortgage structure plan launching “by summer 2026” will allow […]

Ohio State University Reaches $100 Million Settlement With Nearly 300 Sex Abuse Survivors Authored by Jasper Ward via The Epoch Times, Ohio State University has reached a $100 million settlement with nearly 300 former students who had accused the school’s campus doctor of sexually assaulting them decades ago, the school and a lawyer for the victims said on Wednesday. The Ohio State University campus in Columbus, Ohio, U.S., […]

Fannie, Freddie Jump After Trump Floats $1 Trillion Valuation Fannie Mae and Freddie Mac shares jumped on Friday morning after President Trump said late Thursday that the mortgage giants were “probably worth $1 trillion,” reviving Wall Street hopes for a long-awaited exit from government control. President Trump praised FHFA Director Bill Pulte on Thursday for turning around Fannie Mae and Freddie Mac, saying the mortgage giants […]

University Of Oregon Grapples With Budget Crisis After Years Of Woke Excess Authored by Jonathan Turley, It appears that being unrelentingly woke means that you need fewer dormitories. The University of Oregon is facing a major budget crisis and will cut $65 million from its budget and close dorms due to low enrollment. That growing crisis, however, did not stop Oregon from burning almost a million dollars fighting against free […]

“The Rebirth Of America’s Nuclear Industry”: Antares Microreactor Goes Critical Antares just did something that has been painfully rare in American nuclear energy: it took a privately developed advanced reactor from concept to actual criticality on an aggressive, publicly stated schedule. On June 4th at Idaho National Laboratory (INL), the company’s Mark-0 microreactor achieved initial zero-power fueled criticality under the […]

New Footage Reveals Ford Carrier Damage Far More Severe Than Pentagon Acknowledged Newly surfaced footage obtained by CNN indicates that a severe fire aboard the USS Gerald R. Ford – the world’s largest aircraft carrier – inflicted far more extensive damage than the Trump administration initially admitted to the public. Early in the conflict it was forced to depart Mideast regional waters and retreat West in the Mediterranean, […]

Morgan Stanley Projects SpaceX Revenue Hitting Stratospheric $3.4 Trillion In 2040, $2.7 Trillion In EBITDA Yesterday we shared a forensic analysis of the mechanics of the $75 billion SpaceX IPO and how to trade it, while specifically saying we are leaving the fundamentals aside. The reason for that is that the historicals of the company are, to put it mildly, problematic when it comes to projecting how the company grows into a […]

Micro-Cap ‘War Unicorn’ Merlin Soars After Advancing AI Pilot For C-130 Military Plane Aerospace and defense technology firm Merlin jumped in premarket trading after announcing that its AI-powered autonomous flight software for the C-130J Super Hercules cargo plane, developed with U.S. Special Operations Command, is moving toward formal testing. Merlin wrote in a press release earlier that its AI-powered autonomous flight software […]

ISS Astronauts Told To Prepare For Possible Evacuation As Air Leak Worsens NASA senior adviser and press secretary Bethany Stevens wrote on X that astronauts aboard the International Space Station have quickly shifted into SpaceX’s Dragon spacecraft and are prepared to evacuate if needed, after cracks and leaks in the Zvezda service module transfer tunnel appeared to worsen. “The Zvezda service module transfer tunnel, known as PrK, […]

The Atomic Crab By Benjamin Picton, senior market strategist at Rabobank The Atomic Crab The Dow Jones hit a fresh all-time high yesterday, surging 1.73% to close at 51,562. The S&P500 posted more modest gains while the NASDAQ closed slightly lower as investors rotated out of some growth-oriented tech names and back towards healthcare and financials with more of a value or cyclical flavor. Treasuries traded in a narrow range […]

“Stocks Should Go Up, Not Down”: Trump Rages At Market Reaction To ‘Great’ Jobs Report Global capital markets are a mess following this morning’s hotter than expected rise in US employment. Nasdaq is down 2%… Yields are spiking dramatically… The dollar is rampaging higher… And Gold (and bitcoin) are getting clubbed like a baby seal… All of which prompted President Trump to exclaim that “stocks should go up, not […]

Goldman, JPM Block China, Hong Kong Investors From SpaceX IPO SpaceX’s institutional roadshow kicked off Thursday, with JPMorgan CEO Jamie Dimon hosting a “live interactive discussion” for ultra-wealthy clients across 90 JPM locations in 26 states. Shortly after, SpaceX’s IPO slide deck was made public, likely in a bid to supercharge retail demand for what could be the largest public listing in history. However, one key investor […]

Rubio: ‘Most Of The World Assesses’ That Israel Has Nuclear Weapons Authored by Dave DeCamp via AntiWar.com, US Secretary of State Marco Rubio on Wednesday was asked whether Israel has nuclear weapons and acknowledged that “most of the world assesses that they do,” but also reaffirmed the US policy of not acknowledging the existence of Israel’s nuclear stockpile and secret weapons program. Rubio made the comments when being […]

US Jobs Soar By 172K In May, Smashing Estimates In 4 Sigma Beat; Unemployment Rate Remains At 4.3% With Wall Street expecting a strong – not great – number, and a modest decline from April’s 115K, moments ago the BLS reported a shocker: in May the US added 172K jobs… … not only a 4-sigma beat to the median estimate of 88K, but also above the highest estimate of 125K. In a noteable change from previous months’ downware […]

Iran Oil Exports Plunge To Four Year Low As Blockade Tightens, While Inflation Soars To World War 2 Levels If it was indeed Trump’s intention to starve Iran’s economy of oil export revenue, the plan may just be working: Iran’s oil exports fell to their lowest level in at least six years in May as the US naval blockade has succeeded in choking off crude shipments and leave tens of millions of barrels stranded at sea. According to […]

Peace Talks Stall: U.S. Denies Iranian Claims Of Warning Shots At Destroyers Summary: U.S. CENTCOM Denies Report  Iran Military Fires “Warning Missiles” At US Destroyers In Gulf of Oman Iran FM Warns American Bases Are Legitimate Targets, Cites ‘No Tangible Progress’ In Talks Polymarket  US x Iran permanent peace deal by June 30, 2026? Yes 25% · No 76%View full market & trade on Polymarket Strait of Hormuz traffic […]