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An Endless Stream of Scary Official Enemies

Any government that is a national-security state needs big official enemies — scary ones, ones that will cause the citizenry to continue supporting not only the continued existence of a national-security state form of government but also ever-growing budgets for it and its army of voracious “defense” contractors.

US Stocks Sink to Lowest in a Year

US stocks plummeted on Thursday, with the Dow Jones Industrial Average falling 700 points below 30,000 for the first time in more than a year.

China: US Could ‘Spark World War III’ by Diversifying Mineral Supply Chains

China’s state-run Global Times on Thursday warned the United States could “spark World War III” by pushing too hard to decouple from the Chinese minerals industry by developing its own supply.

Fed Hikes Rates by the Most in 28 Years, Signals Volcker-Era Is Back

The Fed hiked rates by a stunning (but expected) 75bps - the biggest hike since 1994. Esther George dissented (preferring 50bps).

U.S. Sending Ukraine Another $1.2 Billion Amid Domestic Economic Downturn

Joe Biden says he "informed President Zelenskyy that the United States is providing another $1 billion in security assistance for Ukraine."

Chevron CEO: There May Never Be Another Oil Refinery Built in US Again

Chevron CEO Mike Wirth said in a recent interview that he does not believe another oil refinery will be built again in the United States, saying that government policies are a key reason why, as average gas prices continue to rise as of Tuesday.

FDA Risk-Benefit Analysis Hides ‘Bad Data’ on Moderna Shots for Kids

The U.S. Food and Drug Administration’s vaccine advisory council will meet June 14 to consider granting Emergency Use Authorization (EUA) of the Pfizer and Moderna COVID-19 vaccines for children under 5 years old, even though the White House last week announced it is already filling orders for the vaccines placed by states and healthcare providers.

Google-Sponsored ‘Family-Friendly’ Pride Event Boasts Provocative Performance by ‘Hydrated Queer Kitties’ and Drag Queen Storytime for Children

A Google-sponsored Pride event in Texas marketed itself as a "free family-friendly celebration."

CNBC Editor Tears Into Biden Over New Sky-High Inflation Numbers: ‘Maybe Things Would Have Turned Out a Bit Different

CNBC on-air editor Rick Santelli reacted in live time Friday as abysmal new inflation numbers dropped, blasting the Biden administration for its hostile energy policies.

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