Category: News Wire

Mexico Is Cremating Bodies On An “Industrial Scale” Tyler Durden Thu, 05/14/2020 – 21:05 Mexican President Andres Manuel Lopez Obrador (AMLO) unveiled a plan this week to reopen the country’s severely damaged economy by June 1 as part of normalization after the COVID-19 pandemic triggered lockdowns. Lopez said Wednesday the reopening would be “cautious and gradual,” but with more than 40,000 infections and 4,200 deaths, there are new concerns the federal government is underreporting the public health crisis. “The numbers do not appear to reflect the death toll for certain,” Donna Patterson, an expert on Mexico’s health care system at Delaware State University, told VOX. “At the[…]

Viruses Versus Lockdowns: It’s Not About Tradeoffs Tyler Durden Thu, 05/14/2020 – 20:45 Authored by Michael Accad via The Mises Institute, It is tempting to oppose the harmful effects of COVID-related lockdowns with arguments couched in terms of tradeoffs. We may contend that when public authorities promote the benefits of “flattening the curve,” they fail to properly take into account the actual costs of imposing business closures and of forced social distancing: the coming economic depression will lead to mass unemployment, rising poverty, suicides, domestic abuse, alcoholism, and myriad other potential causes of death and suffering which could be considerably[…]

“Reckless” – Drone Operator Flies Dangerously Close To Blue Angels  Tyler Durden Thu, 05/14/2020 – 20:25 What we’re about to show you is probably one of the most reckless and irresponsible videos uploaded to the internet by a clueless civilian drone operator. During an America Strong flyover by the US Navy Blue Angels in Detroit, Michigan, on May 12, a civilian drone pilot flew his quadcopter dangerously close to the six F/A-18 Hornets as they flew over the city’s metro area.   “The original video posted to YouTube included a number of different angles with the camera drone appearing momentarily in some of the shots.[…]

Space Force Starts Recruiting With First Ad: “Maybe Your Purpose Isn’t On This Planet” Tyler Durden Thu, 05/14/2020 – 18:45 Authored by Jake Anderson via TheMindUnleashed.com, Less than two years from when President Trump announced the creation of the 6th major division of the United States Armed Forces, Space Force has launched its first commercial, a thirty-second ad uploaded to the U.S. Air Force and Space Force Recruiting YouTube page. The ad features a young man staring up at the stars while a narrator opines, “Some people look to the stars and ask, ‘What if?’ Our job is to have an[…]

Free COVID Testing For Ultra Rich At This Miami Condo High Rise  Tyler Durden Thu, 05/14/2020 – 18:25 It must be wonderful being ultra-rich in South Florida, living in a multi-million dollar flat overlooking the clear blue water. What’s even better about being an elite in a pandemic is that you can receive free virus testing while some parts of the country suffer shortages.  A luxury condo building in South Beach, Florida, somehow obtained a bulk shipment of COVID-19 antibody tests that it plans to offer for free to its residents and employees.  Remember, a little over a week ago, Maryland Gov. Larry Hogan had a planeload of antibody tests flown in[…]

Crisis & 2020 Election: Investors Should Brace For An Earthquake Of Change Tyler Durden Thu, 05/14/2020 – 18:05 Submitted by Joseph Carson, former chief economist of Allianz Crisis often produces a dramatic and unpredictable change in economics, finance, and politics.  If history is a guide investors should brace for an earthquake of change. Political change might be the most consequential for investors. History shows that the crisis tends to unleash people’s resentments, grievances, and anger over inequitable policies and bad management. Transformative shifts in electorate preferences produce major changes in the federal government’s economic policies. Four decades ago, in 1980[…]

Texas Sees Record Jump In COVID-19 Deaths 2 Weeks Into Reopening: Live Update Tyler Durden Thu, 05/14/2020 – 18:01 Summary: Texas cases see record spike 2 weeks into reopening CDC issues re-opening guidelines to help schools and workplaces determine whether they are ready to open for business. NY investigating 110 cases of mysterious pediatric respiratory illness NIH launches study of hydroxychloroquine and Z-Pak New study sheds light on how loud talks can spread virus UK & Italian numbers are out German new infections hit 5-day high Trump praises Wisconsin Supreme Court decision Trump sits for interview with Maria Bartiromo Trump:[…]

Banks, Bonds, Black Gold, Bitcoin, & Bullion Bounce Despite Jobspocalypse Tyler Durden Thu, 05/14/2020 – 16:01 Over 36 million newly jobless Americans in the last 8 weeks… and the Nasdaq is up over 30% in the same period… Mixed bag in US stocks today (more below) with Dow best, Small Caps and Trannies lagged… This is the 7th week of the last 8 with massive job losses and gains for The Dow… 3/26 – 3.31mm jobless, S&P +6.24%, Dow +6.38% 4/02 – 6.87mm jobless, S&P +2.28%, Dow +2.24% 4/09 – 6.62mm jobless, S&P +1.45%, Dow +1.21% 4/16 – 5.24mm jobless,[…]

Three Reminders From The Bill Of Rights Tyler Durden Thu, 05/14/2020 – 15:45 Authored by Jacob Hornberger via The Future of Freedom Foundation, As a condition for accepting the Constitution, the American people demanded the enactment of the Bill of Rights immediately after ratification of the Constitution. They had been assured that the Constitution was calling into existence a national government whose powers were limited to those enumerated in the Constitution. But that did not satisfy them. They wanted a Bill of Rights to make it clear that the federal government was prohibited from doing the things that are listed[…]