Distinction Matter - Subscribed Feeds

  1. Site: AsiaNews.it
    1 week 2 hours ago
    Hong Kong's Card Stephen Chow said that the pope told him that he 'visited China several times and got to know the Chinese culture and reality.' This is unprecedented for a pontiff, linked to his long mandate as prior general of an order that, at the behest of Leo XIII (the pontiff whose name the new pope took) sent its own missionaries and bishops in Hunan until the expulsion decreed by Mao. ...
  2. Site: ChurchPOP
    1 week 2 hours ago
    Author: Caroline Perkins

    Saint Rita's life is a testament to her deep faith, as she endured numerous trials and hardships. Her unwavering faith and devotion have inspired many people around the world to turn to her intercession and guidance in times of difficulty!

    Here are eight things to know and share about the life of Saint Rita of Cascia:

    who is saint ritaCaroline Perkins, ChurchPOP

    1) Married at a young age and had twin boys.

    Her husband died during political turmoil, but her sons avoided the same fate!

    2) Entered a convent after her husband's death.

    She was accepted into the Augustinian Order of nuns in Cascia, Italy—the same order as Pope Leo XIV!

     saint rita bodyCaroline Perkins, ChurchPOP

    3) Often depicted with a wound on her forehead.

    This represents a thorn from Christ’s crown. She received this wound during one of her many mystical experiences.

    4) Known as a peacemaker.

    She persuaded her husband to reconcile with his many enemies before his death.

    5) Shortly after she died in 1457, her body was found to be incorrupt.

    This means that it did not decay as expected!

     saint rita basilicaCaroline Perkins, ChurchPOP

    6) She is buried at the Basilica of Saint Rita in Cascia, Italy.

    There you can find several relics related to her life, including her wedding ring. It is said she miraculously removed it from her finger before entering the convent.

    7) Canonized by Pope Leo XIII in 1900.

    why is saint rita considered as the saint of the impossibleCaroline Perkins, ChurchPOP

    8) Patron saint of desperate situations and impossible causes.

    She is also a saint for feuding families, healing, and mothers.

    Here is a special prayer for the intercession of Saint Rita:

    O Holy Patroness of those in need, Saint Rita,
    whose pleadings before thy Divine Lord
    are almost irresistible,
    who for thy lavishness in granting favors
    hast been called the Advocate of the Hopeless
    and even of the impossible.

    Saint Rita, so humble, so pure, so mortified,
    so patient and of such compassionate love
    for thy Crucified Jesus,
    that thou couldst obtain from Him whatsoever thou askest,
    on account of which all confidently have recourse to thee expecting,
    if not always relief, at least comfort;
    be propitious to our petition,
    showing thy power with God on behalf of thy suppliant;
    be lavish to us,
    as thou hast been in so many wonderful cases,
    for the greater glory of God,
    for the spreading of thine own devotion,
    and for the consolation of those who trust in thee.

    We promise, if our petition is granted,
    to glorify thee by making know thy favor,
    to bless and sing thy praises forever.

    Relying then upon thy merits and power before the Sacred Heart of Jesus,
    we pray thee grant that [here mention your request].

    By the singular merits of thy childhood,
    Obtain for us our request.
    By thy perfect union with the Divine Will,
    Obtain for us our request.
    By thy heroic sufferings during thy married life,
    Obtain for us our request.
    By the consolation thou didst experience at the conversion of thy husband,
    Obtain for us our request.
    By the sacrifice of thy children rather than see them grievously offend God,
    Obtain for us our request.
    By the miraculous entrance into the convent,
    Obtain for us our request.
    By thy severe penances and thrice daily bloody scourgings,
    Obtain for us our request.
    By the suffering caused by the wound,, thou didst receive from the thorn of thy Crucified Savior,
    Obtain for us our request.
    By the Divine love which consumed thy heart,
    Obtain for us our request.
    By that remarkable devotion to the Blessed Sacrament,
    Obtain for us our request.
    On which alone thou didst exist for four years,
    Obtain for us our request.
    By the happiness with which thou didst part from thy trials to join thy Divine Spouse,
    Obtain for us our request.
    By the perfect example thou gavest to people of every state of life.
    Obtain for us our request.

    Pray for us, O holy Saint Rita,
    That we may be made worthy of the promises of Christ.

    Let us pray:

    O God,
    Who in Thine infinite tenderness
    hast vouchsafed to regard the prayer of Thy servant,
    Blessed Rita,
    and dost grant to her supplication
    that which is impossible to human foresight, skill and efforts,
    in reward of her compassionate love and firm reliance on Thy promise,
    have pity on our adversity and succor us in our calamities,
    that the unbeliever may know Thou art the recompense of the humble,
    the defense of the helpless,
    and the strength of those who trust in Thee,
    through Jesus Christ, Our Lord.

    Amen.

    Prayer source: Catholic Crusade

  3. Site: Mundabor's blog
    1 week 2 hours ago
    Author: Mundabor
    I have just seen a tweet in which Pope Leo decided, and stated as a fact, that Francis is now in heaven. There is no “hope”. There is no encouragement to think that Francis might have escaped hell after all. No. It’s in the indicative, it tells you that he (Francis) now prays for the […]
  4. Site: LifeNews
    1 week 3 hours ago
    Author: Alex Schadenberg

    Tristan Hopper reported for the National Post on May 21 that Luc Fernandez, who co-hosts a radio talk show on 98.5 Montreal told his audience, on May 15 in French that:

    doctor-assisted suicide could be a form of “liberation” for the mentally ill.

    Hopper reported that Fernandez also stated that:

    Quebec should enshrine “comité de sages” (committees of experts) to authorize assisted suicide “in cases where, for example, someone no longer has any parents, people who were abandoned … people who no longer receive visits … no longer have any joy in life, they have no more interest in living, who live in permanent suffering.”

    Montréal disability rights group RAPLIQ responded by accusing Ferrandez of promoting a eugenic ideology and stated:

    “To speak of euthanasia with logistical calm, as if it were a measure of social efficiency, is to deny the value of different lives,”

    “It is to slip down a eugenic slope, the very same that has led history into the abyss.”

    Follow LifeNews.com on Instagram for pro-life pictures and videos.

    This is not the first time Ferrandez has made comments about euthanasia. The Post Millennial reported on December 3, 2019 that Ferrandez wrote on his facebook page, concerning euthanasia for climate change that:

    “Could we, for environmental, social and economic reasons, decide that we want to receive help to die so as not to be a burden for our family and society in general?”

    Ferrandez’s recent comments were madewhile discussing the story of “Florence” an intellectually disabled 24-year-old woman who was profiled in a story by Le Presse. Hopper reports:

    Florence, not her real name, was held in solitary confinement for eight days at Quebec’s Leclerc Institution following a perennial failure by Quebec health authorities to place her in an institution that suited her needs.

    Florence is described as having the mental capacity of a small child, and suffers from Prader–Willi syndrome, a rare genetic condition in which the sufferer always feels hungry.

    Florence’s story outlines the abusive care that she receives in Québec.

    Hopper explains how Ferrandez responded to the “Florence” story:

    Mid-way through Thursday’s segment on the case, Ferrandez suggests that Florence’s mother should have the right to end her daughter’s life via doctor-assisted suicide.

    “How does the law have the right to say ‘no’? How does the state have the right to say ‘no’?” he said, to agreement from Normandeau.

    He added that in extreme disability cases, the only medical solution is to “freeze” a patient in bed, and that death could be seen as “a way to end their pain.”

    RAPLIQ responded by stating:

    No to the trivialization of death as a “social solution.”
    No to this false compassion that hides a deep contempt.
    No to this morbid fantasy of liberation which is nothing but a shameful surrender.

    Disability is part of the human condition.
    It is not a virus to eradicate.
    It is not a problem to be solved through erasure.

    To reject disabled people is to reject one’s own humanity.

    We choose, for Florence and for all the others:
    Solidarity, not suppression.
    Adaptation, not abandonment.
    Dignity, not disappearance.

    Quebec can do better. Quebec must do better.
    Solutions exist — here and elsewhere. What’s lacking is courage.

    Ferrandez is a former mayor of the Montreal borough of Le Plateau-Mont-Royal. He co-hosts a daily three-hour talk show with Nathalie Normandeau, a former deputy premier under the Quebec Liberal government of Jean Charest.

    Canada approved euthanasia for mental illness alone and has scheduled to implement it on March 17, 2027.

    On March 21, 2025 the Convention on the Rights of Persons with Disabilities Committee report urged Canada’s federal government to:

    • Repeal Track 2 Medical Assistance in Dying (MAiD), including the 2027 commencement of Track 2 MAiD for persons whose “sole underlying medical condition is a mental illness”;
    • Not support proposals for the expansion of MAiD to include “mature minors” and through advance requests;

    Québec has the highest euthanasia rate in Canada at 7.6% of all deaths in 2024. Recently a Québec coroner’s inquest has investigated the death of Normand Meunier, a quadriplegic man who died by euthanasia on March 29, 2024 after developing bedsores from a lack of basic medical care. Québec expanded it’s euthanasia regime on October 30, 2024 by permitting euthanasia by advance request.

    LifeNews.com Note: Alex Schadenberg is the executive director of the Euthanasia Prevention Coalition and you can read his blog here.

    The post Radio Show Host Says Mentally Ill People Should be Euthanized appeared first on LifeNews.com.

  5. Site: Mises Institute
    1 week 3 hours ago
    Author: Connor O'Keeffe
    The reaction to Biden’s cancer announcement reveals how little trust the public has in the people who spent years claiming that Biden’s mental decline was fabricated by right-wing propagandists. That lack of trust is well deserved.
  6. Site: LifeNews
    1 week 3 hours ago
    Author: Alex Schadenberg

    Kelsi Sheren, on Twitter, commented on the lobbying by euthanasia groups to legalize euthanasia for “mature minors” (children) in Canada.

    The response to her social media was phenomenal but it also elicited a response from some euthanasia lobby leaders who accused Sheren of fear mongering and not getting her facts straight.

    Sheren responded with a link to a Global news story from February 16, 2023 reporting on the Canadian government Special Joint Committee on Medical Assistance in Dying (AMAD) released a report calling for the expansion of euthanasia (MAiD) to include mature minors.

    Follow LifeNews.com on Instagram for pro-life pictures and videos.

    Euthanasia for “mature minors” (children) is not legal in Canada but the issue of child euthanasia is being promoted by Canada’s euthanasia lobby and a federal government committee recommended on February 15, 2023 that euthanasia be extended to “mature minors.”

    I responded to the February 15, 2023 (AMAD) report by stating:

    The report by the Special Joint Committee on Medical Assistance in Dying (AMAD) was tabled in the House of Commons on February 15, 2023 calling for a drastic expansion of euthanasia (MAiD) in Canada. Among the recommendations, the report recommended that euthanasia be expanded to include children “mature minors.”

    Recommendation 19 in the report stated:

    That the Government of Canada establish a requirement that, where appropriate, the parents or guardians of a mature minor be consulted in the course of the assessment process for MAID, but that the will of a minor who is found to have the requisite decision-making capacity ultimately take priority.

    This means that parents or guardians may or may not be consulted, in the euthanasia death of a child that is deemed to have decision-making capacity.

    To understand Recommendation 19 better we need to go back to the draft policy developed by the Hospital for Sick Children in Toronto on euthanasia for “mature minors” that was published as a report in the Journal of Medical Ethics in September 2018.

    Sick Children’s hospital draft policy applied the same “ethics” for mature minors to make medical decisions as for making a decision to be killed.

    The draft policy by Toronto’s Hospital for Sick Children set out what can be expected if Canada permits euthanasia for children (mature minors).

    Children who are deemed, by their physician, as competent to make medical decisions would also be deemed competent to decide, with or without the consent of their parents, to be killed by lethal injection.

    The Canadian government report suggested that child euthanasia and euthanasia of incompetent people by advance request be permitted. Both of these issues fundamental change the meaning of consent.

    Child euthanasia is wrong, based on the meaning of effective consent.

    Euthanasia is wrong because it enables doctors and nurse practitioners to literally kill their patients.

    LifeNews.com Note: Alex Schadenberg is the executive director of the Euthanasia Prevention Coalition and you can read his blog here.

    The post They Want to Start Euthanizing Children in Canada appeared first on LifeNews.com.

  7. Site: Zero Hedge
    1 week 3 hours ago
    Author: Tyler Durden
    Mercenary Firm Set To Oversee Gaza Aid For Israel Goes On LinkedIn Hiring Spree

    Via Middle East Eye

    The US private military contracting firm set to oversee Gaza aid distribution on Israel's behalf is actively hiring for positions on LinkedIn, according to job postings shared with Middle East Eye by current and former US officials.

    The firm, Safe Reach Solutions, or SRS, says it is actively looking for "Humanitarian Liaison Officers" who will "serve as vital connectors between our operational teams and the broader humanitarian community," according to one job description.

    Armed men stand guard at a checkpoint manned by US & Egyptian security at the Netzarim Corridor in central Gaza, January 2025. via AFP

    Another position on offer a week ago but has since closed is for a “Team Deputy/Manager” to support “day-to-day management, planning, and mission execution”.

    A liaison officer position appears to be analytically focused. It says that hires will “advise on best practices for engaging with affected populations, local authorities, and community-based organizations” while monitoring developments that could impact “operational posture”.

    The team deputy position is geared towards recruits with a background in operations. One of the requirements is “field experience in the Middle East, especially in conflict-affected or post-crisis settings”.

    The positions want applicants with at least seven years of experience. They require applicants to be US citizens and say fluency in Arabic is preferred. 

    Ironically, SRS is seeking people with UN experience, but the plan to take over aid distribution seeks to supplant the United Nations, which is already capable of delivering aid in Gaza. "These mid- to senior-career professionals will help bridge communication, coordination, and trust with NGOs, international agencies, and UN bodies operating in complex environments."

    Demand for the positions appears to be high. According to LinkedIn, more than 100 people applied for the humanitarian liaison officer position within two weeks.

    The team deputy position also drew comments from interested users directed to "Ali Ali," SRS’s recruiting consultant. “Hi Ali I worked in Gaza last summer with the US army. I was in charge of the humanitarian aid delivery through the trident pier. Please reach out to me at your best convenience to talk more,” a LinkedIn user wrote.

    The former Biden administration floated a costly pier project to bring aid into the Gaza Strip last year, but it was widely considered a failure.

    American private military contractors have already started arriving in Israel, according to photos shared on social media of khaki-clad and bearded men at Ben Gurion airport in Tel Aviv. MEE couldn't independently verify the photos. 

    Who is Phil Reilly and his firm SRS?

    MEE couldn’t identify the recruiter, Ali Ali, who has 13 LinkedIn connections and no profile photo. However, SRS is headed by former CIA paramilitary officer Phil Reilly, who has served in Asia, Afghanistan and Iraq

    Two former US officials told MEE that Reilly had won the trust of Israeli Prime Minister Benjamin Netanyahu and several Israeli businessmen close to him. His firm has long been the favourit to secure humanitarian aid into Gaza in a project that one Israeli businessman briefed on the plans said could amount to a contract worth "hundreds of millions of dollars".

    SRS was one of the private military contractors responsible for securing Gaza’s Netzarim Corridor during a short-lived truce. Fighting in Gaza briefly stopped in January but resumed in March when Israel unilaterally resumed attacking the enclave.

    According to a January Reuters report, US contractors were paid $1,100 a day to work in Gaza, with a $10,000 advance for veterans.

    SRS’s work during the first ceasefire was paid for mainly by the US and Gulf states, one US official told MEE. The private military contractors' weapons and supplies are likely to be supplied by the US. One US official told MEE that the salary range exceeds what the former US security firm Blackwater once paid veterans.

    SRS makes no secret of its connection to Gaza on LinkedIn. It posted a glowing article from ABC News in April, titled, “How a team of 'suburban dads' secured a key checkpoint in Gaza's 'death corridor'".

    UN says no aid distributed in Gaza

    SRS stepped up recruitment on LinkedIn just as the US was lobbying the UN and European states earlier in May to approve the Gaza Humanitarian Foundation, to oversee aid distribution. The foundation would largely supplant the UN’s role in distributing Gaza aid. It says it plans to be active by the end of May.

    The SRS's job applications page reveals how Israel and the US are rapidly moving towards privatising and militarizing aid distribution in Gaza.

    Another position SRS is actively hiring for is an imagery systems technician, who can analyze full-motion video. Israel says it plans to create “hubs” to distribute aid.

    In the past, it has used checkpoints to separate Palestinian men and women. Earlier this month, the Israeli cabinet approved a plan that would require facial recognition technology to be applied to Palestinians before they receive any aid. It is seeking foreign funding for the plan.

    This is what the coastal Rashida street in Gaza looked like before and after the ongoing war. pic.twitter.com/yc2lZYa1n7

    — Sprinter Observer (@SprinterObserve) November 12, 2023

    The operation has been slammed by aid groups across the aisle, and the UN says it will not take part in the foundation’s work. Israel announced on Monday that it would allow some humanitarian aid into the enclave.

    The UN said on Tuesday that Israel had allowed four trucks with baby food to enter the enclave, and a few dozen other trucks with flour, medicine, and nutrition supplies. However, the UN has not been able to distribute the supplies.

    "Israeli authorities are requiring us to offload supplies on the Palestinian side of Kerem Shalom crossing and reload them separately once they secure our team's access from inside the Gaza Strip,” UN spokesperson Stephane Dujarric said. "Today, one of our teams waited several hours for the Israeli green light to access the Kerem Shalom area and collect the nutrition supplies. Unfortunately, they were not able to bring those supplies into our warehouse," he said.

    Humanitarian experts say Gaza is on the brink of mass starvation. UN humanitarian chief Tom Fletcher said on Tuesday that 14,000 babies could die in the next 48 hours if aid did not reach them in time.

    Tyler Durden Wed, 05/21/2025 - 12:45
  8. Site: AsiaNews.it
    1 week 4 hours ago
    Taku Etō resigned after saying that he personally had too much rice in a country where the price of the staple food has been steadily rising for several months, caused by greater consumption sparked by a tourism boom, and by regulated output. Rice is now a pawn in tariff negotiations with Washington.
  9. Site: Zero Hedge
    1 week 4 hours ago
    Author: Tyler Durden
    US Senate Votes To Move Ahead With GENIUS Act; 'Legitimizing' Stablecoins For Global Institutional Adoption

    The GENIUS Act moved through a procedural vote on Monday (66-32), and has just passed its latest hurdle (69-31) allowing Senate Republican leaders to bring the legislation to the floor for debate and a final vote, as soon as this week

    A challenging amendment pricess awaits as the Senate bill, if passed, would need to be reconciled with a version approved by the House Financial Services Committee, and then both chambers of Congress must agree on a single bill before sending a final version to President Donald Trump for his signature.

    "There are still a lot of moving pieces," said Jennifer Schulp, director of financial regulation studies at the Cato Institute, a libertarian think tank.

    Republican Senator Cynthia Lummis, one of the bill’s key backers, said on May 15 that she thinks it’s a “fair target” to have the GENIUS Act passed by May 26 - Memorial Day in the US.

    *  *  *

    As CoinTelegraph's Zoltan Vardai detailed ahead of the vote, stablecoin adoption among institutions could surge as the United States Senate prepares to debate a key piece of legislation aimed at regulating the sector.

    After failing to gain support from key Democrats on May 8, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act passed the US Senate in a 66–32 procedural vote on May 20 and is now heading to a debate on the Senate floor.

    The bill seeks to set clear rules for stablecoin collateralization and mandate compliance with Anti-Money Laundering laws.

    “This act doesn’t just regulate stablecoins, it legitimizes them,” said Andrei Grachev, managing partner at DWF Labs and Falcon Finance.

    “It sets clear rules, and with clarity comes confidence. That’s what institutions have been waiting for,” Grachev told Cointelegraph during the Chain Reaction daily X spaces show on May 20, adding:

    Stablecoins aren’t a crypto experiment anymore. They’re a better form of money. Faster, simpler, and more transparent than fiat. It’s only a matter of time before they become the default.”

    Source: Cointelegraph

    Senate bill seen as path to unified digital system

    The GENIUS Act may be the “first step” toward establishing a “unified digital financial system which is borderless, programmable and efficient,” Grachev said, adding:

    “When the US moves on stablecoin policy, the world watches.”

    Republican Senator Cynthia Lummis, a co-sponsor of the bill, also pointed to Memorial Day as a “fair target” for its potential passage.

    Grachev said regulatory clarity alone will not drive institutional adoption. Products offering stable and predictable yield will also be necessary. Falcon Finance is currently developing a synthetic yield-bearing dollar product designed for this market, he noted.

    Yield-bearing stablecoins issuance. Source: Pendle

    Yield-bearing stablecoins now represent 4.5% of the total stablecoin market after rising to $11 billion in total circulation, Cointelegraph reported on May 21.

    GENIUS Act regulatory gaps don’t address offshore stablecoin issuers

    Despite broad support for the GENIUS Act, some critics say the legislation does not go far enough.

    Vugar Usi Zade, the chief operating officer at Bitget exchange, told Cointelegraph that “the bill doesn’t fully address offshore stablecoin issuers like Tether, which continue to play an outsized role in global liquidity.”

    He added that US-based issuers will now face “steeper costs,” likely accelerating consolidation across the market and favoring well-resourced players that can meet the new thresholds.

    Still, Zade acknowledged that the legislation could bring greater “stability” to regulated offerings, depending on how it is ultimately worded and enforced.

    Tyler Durden Wed, 05/21/2025 - 12:15
  10. Site: Zero Hedge
    1 week 4 hours ago
    Author: Tyler Durden
    UnitedHealth Shares Drop After Report Alleges Secret Bonus Payments To Nursing Homes For Cutting Hospital Transfers

    UnitedHealth Group shares dropped as much as 7.5% in premarket trading Wednesday in New York, following a Guardian investigation that revealed the health insurer shelled out "Premium Dividend" and "Shared Savings" bonuses to nursing homes that reduced hospital transfers for sick residents

    The Guardian's investigation is based on thousands of confidential corporate and patient records obtained through sources, public records requests, and court filings, along with interviews with nearly two dozen current and former UnitedHealth and nursing home employees, as well as two whistleblower declarations submitted to Congress.

    The report offers a new snapshot into UnitedHealth's daily operations at nearly 2,000 nursing homes across the country, where it manages Medicare Advantage coverage for more than 55,000 long-term residents

    Here are some of the key findings from the report:

    • UnitedHealth stationed in-house medical teams at nearly 2,000 nursing homes, incentivizing them to lower hospitalizations through financial rewards like "Premium Dividend" and "Shared Savings" payments tied to hospitalization rates.

    • Internal records show UnitedHealth monitored nursing homes using "admits per thousand (APK)" metrics and set "budgets" for hospitalizations. Facilities with high APKs were denied bonuses.

    • In multiple documented cases, patients were denied urgent hospital care, leading to serious harm, including permanent brain damage. Whistleblowers say these incidents were hidden or minimized.

    • Nurse practitioners were pressured to push "Do Not Resuscitate" (DNR) orders, even when patients had previously expressed the desire for life-saving treatments.

    • UnitedHealth also incentivized increased enrollment in its Institutional Special Needs Plans by offering large payments to nursing homes, which in some cases leaked confidential patient data to help sales teams directly solicit families—often bypassing consent rules.

    The Guardian noted: 

    In several cases identified by the Guardian, nursing home residents who needed immediate hospital care under the program failed to receive it, after interventions from UnitedHealth staffers. At least one lived with permanent brain damage following his delayed transfer, according to a confidential nursing home incident log, recordings and photo evidence.

    A current UnitedHealth nurse practitioner, who recently submitted a congressional complaint regarding the nursing home program, stated:

    "No one is truly investigating when a patient suffers harm. Absolutely no one.

    "These incidents are hidden, downplayed and minimized. The sense is: 'Well, they're medically frail, and no one lives for ever.'"

    A former national UnitedHealth executive said:

    "APK drove everything. You gain profitability by denying care, and when profitability suffers for the shareholders, that's when people get crazy and do things that are not appropriate."

    Two current and three former UnitedHealth nurse practitioners said that UnitedHealth managers pressured them to persuade Medicare Advantage members to change their "code status" to DNR, even when patients had clearly expressed a desire to receive all available life-saving treatments.

    UnitedHealth responded to the Guardian's report, rejecting claims that its employees have prevented hospital transfers. 

    The Guardian's report comes at a time of crisis for UnitedHealth. Last week, shares logged the worst weekly crash since 1998 after a Wall Street Journal report said the Department of Justice has been conducting a criminal investigation into the company's Medicare practices. In addition, UnitedHealth suspended its 2025 outlook, and its CEO abruptly exited. 

    In the premarket session, shares fell as much as 7.5% after the Guardian's report. 

    Only one Wall Street analyst—CFRA's Paige Meyer—had a "Sell" rating on UnitedHealth earlier this year, out of roughly 30 tracked by Bloomberg. Wall Street, it seems, was overly bullish on the insurer—now shares have imploded.

    Tyler Durden Wed, 05/21/2025 - 12:15
  11. Site: Euthanasia Prevention Coalition
    1 week 4 hours ago
    Alex Schadenberg
    Executive Director, Euthanasia Prevention Coalition

    Luc Ferrandez
    Tristan Hopper reported for the National Post on May 21 that Luc Fernandez, who co-hosts a radio talk show on 98.5 Montreal told his audience, on May 15 in French that:

    doctor-assisted suicide could be a form of “liberation” for the mentally ill.

    Hopper reported that Fernandez also stated that:

    Quebec should enshrine “comité de sages” (committees of experts) to authorize assisted suicide “in cases where, for example, someone no longer has any parents, people who were abandoned … people who no longer receive visits … no longer have any joy in life, they have no more interest in living, who live in permanent suffering.”

    Montréal disability rights group RAPLIQ responded by accusing Ferrandez of promoting a eugenic ideology and stated:

    “To speak of euthanasia with logistical calm, as if it were a measure of social efficiency, is to deny the value of different lives,”
    “It is to slip down a eugenic slope, the very same that has led history into the abyss.”

    This is not the first time Ferrandez has made comments about euthanasia. The Post Millennial reported on December 3, 2019 that Ferrandez wrote on his facebook page, concerning euthanasia for climate change that:

    “Could we, for environmental, social and economic reasons, decide that we want to receive help to die so as not to be a burden for our family and society in general?”

    Ferrandez's recent comments were madewhile discussing the story of "Florence" an intellectually disabled 24-year-old woman who was profiled in a story by Le Presse. Hopper reports:

    Florence, not her real name, was held in solitary confinement for eight days at Quebec’s Leclerc Institution following a perennial failure by Quebec health authorities to place her in an institution that suited her needs.

    Florence is described as having the mental capacity of a small child, and suffers from Prader–Willi syndrome, a rare genetic condition in which the sufferer always feels hungry.

    Florence's story outlines the abusive care that she receives in Québec.

    Hopper explains how Ferrandez responded to the "Florence" story:

    Mid-way through Thursday’s segment on the case, Ferrandez suggests that Florence’s mother should have the right to end her daughter’s life via doctor-assisted suicide.

    “How does the law have the right to say ‘no’? How does the state have the right to say ‘no’?” he said, to agreement from Normandeau.

    He added that in extreme disability cases, the only medical solution is to “freeze” a patient in bed, and that death could be seen as “a way to end their pain.”

    RAPLIQ responded by stating:

    No to the trivialization of death as a “social solution.”
    No to this false compassion that hides a deep contempt.
    No to this morbid fantasy of liberation which is nothing but a shameful surrender.

    Disability is part of the human condition.
    It is not a virus to eradicate.
    It is not a problem to be solved through erasure.

    To reject disabled people is to reject one’s own humanity.

    We choose, for Florence and for all the others:
    Solidarity, not suppression.
    Adaptation, not abandonment.
    Dignity, not disappearance.

    Quebec can do better. Quebec must do better.
    Solutions exist — here and elsewhere. What’s lacking is courage.

    Ferrandez is a former mayor of the Montreal borough of Le Plateau-Mont-Royal. He co-hosts a daily three-hour talk show with Nathalie Normandeau, a former deputy premier under the Quebec Liberal government of Jean Charest.

    Canada approved euthanasia for mental illness alone and has scheduled to implement it on March 17, 2027

    On March 21, 2025 the Convention on the Rights of Persons with Disabilities Committee report urged Canada's federal government to:

    • Repeal Track 2 Medical Assistance in Dying (MAiD), including the 2027 commencement of Track 2 MAiD for persons whose “sole underlying medical condition is a mental illness”;
    • Not support proposals for the expansion of MAiD to include “mature minors” and through advance requests;

    Québec has the highest euthanasia rate in Canada at 7.6% of all deaths in 2024. Recently a Québec coroner's inquest has investigated the death of Normand Meunier, a quadriplegic man who died by euthanasia on March 29, 2024 after developing bedsores from a lack of basic medical care. Québec expanded it's euthanasia regime on October 30, 2024 by permitting euthanasia by advance request.

  12. Site: LES FEMMES - THE TRUTH
    1 week 4 hours ago
    Author: noreply@blogger.com (Mary Ann Kreitzer)
  13. Site: Catholic Conclave
    1 week 4 hours ago
    Kasper: Benedict XVI and Sarah intervened in Francis's reformsCan the Pope decide alone whether women may become priests? No, says Cardinal Walter Kasper. He believes that Francis wanted to change more than he ultimately did. But Benedict XVI and Cardinal Sarah intervened successfully.According to Cardinal Walter Kasper, Pope Francis wanted to promote relaxations on the issue of celibacy and Catholic Conclavehttp://www.blogger.com/profile/06227218883606585321noreply@blogger.com0
  14. Site: LifeNews
    1 week 5 hours ago
    Author: Sarah Terzo

    Over the past few days, there have been many headlines about Adriana Smith, a pregnant woman who has been on life support for over three months.

    Smith went to the hospital with a severe headache. The hospital negligently sent her home without doing a CT scan, and, therefore, missed multiple blood clots in her brain.

    Smith slipped into a coma and, despite medical intervention, was declared brain dead. She has been kept on life support at a Georgia hospital ever since, in the hopes that her son may be born alive.

    When the story broke, he was 21 weeks along, now 22 weeks. According to a recent study, babies born at 22 weeks who receive medical treatment have a 41% chance of surviving.

    April Newkirk, Smith’s mother, ignited a media firestorm when she spoke to reporters about her daughter’s situation. She expressed grief over Smith’s condition and frustration that doctors didn’t allow her, as Smith’s closest relative, to make the decision whether to disconnect life support.

    SUPPORT LIFENEWS! If you want to help fight abortion, please donate to LifeNews.com!

    Newkirk said, “I’m not saying we would have chosen to terminate her pregnancy, but what I’m saying is we should have had a choice.” She claims Smith’s doctors told her they couldn’t disconnect Smith due to Georgia’s pro-life law.

    Since then, pro-abortion groups have been loudly screaming about how egregious this case is. Mainstream media outlets have covered the story, all blaming Georgia’s pro-life law for putting a family through hell. Smith’s doctors are being condemned for trying to save her baby.

    Even though Newkirk didn’t actually say she wanted life support shut off, pro-abortion activists have been demanding it.

    Secular Pro-Life’s Monica Synder wrote a comprehensive article about the case. She cited a systematic review which found that, in cases of maternal brain death, 77% of babies were born alive, and 85% of those born alive were “normal” at 20 months of age (i.e., not disabled).

    The women in the study were all over 20 weeks pregnant when they suffered brain death, and were on life support for an average of around seven weeks. Smith was earlier in her pregnancy. It’s possible this may change the odds for her son.

    The Law in Question

    Snyder discussed how, despite the strident headlines all over the mainstream media, it is likely not Georgia’s abortion ban that influenced Smith’s doctors, but a 15-year-old law that directly addresses pregnant people on life support. Synder writes:

    It’s more likely that Georgia’s law regarding withdrawing life support for pregnant patients is the issue. GA Code § 31-32-9 states that doctors can’t withdraw life support from pregnant patients unless both (1) the fetus isn’t viable and (2) the patient had an advanced directive explicitly stating she wanted withdrawal of life-sustaining measures.

    Note this code isn’t a result of Dobbs. It was enacted 15 years prior, in 2007. Most states have similar measures, including pro-choice states such as Alaska, Colorado, Illinois, Nevada, New Hampshire, and Pennsylvania.

    Snyder’s article has a map that shows which states have similar laws.

    Other pro-life groups and news sites have published similar articles.

    Pro-Abortion Denial and Demonization

    If one reads Code 31-32-9, it seems obvious that it’s the reason life support hasn’t been discontinued in Smith’s case. It literally deals with that exact situation. But that hasn’t stopped pro-abortion activists from insisting pro-lifers are wrong.

    Jessica Valenti, a pro-abortion activist whose Substack has a large following, wrote:

    Now, faced with the incredible suffering [pro-lifers’] policies are inflicting on Americans, the anti-abortion movement is either looking away or shirking blame…

    Live Action, for example, put out a release claiming that it’s not the state’s abortion ban forcing the hospital to keep Adriana’s body alive—but other state laws about the withdrawal of life-support. It’s an assertion I’ve seen repeated by close to a dozen other anti-abortion activists and organizations.

    She then quotes Georgia Attorney General Chris Carr:

    There is nothing in the LIFE Act that requires medical professionals to keep a woman on life support after brain death. Removing life support is not an action ‘with the purpose to terminate a pregnancy.’

    One would think that Carr, who is in charge of prosecuting those who break Georgia’s law, would know what it says and means. But Valenti insists he’s lying. The evil pro-lifers, she insists, are covering things up, and we just want to hurt people:

    They planned for this. Anti-abortion legislators and activists knew this would happen—they knew their laws would devastate families and lives—and they passed them anyway…

    Republicans are running from the expected and planned consequences of their own law because they know that voters are furious. They’re cowards. It’s that simple [emphasis in original].

    Jessica Valenti says her audience consists of “journalists, abortion providers, community activists, clinic escorts, policy-makers, and more.”

    I don’t want to assume all her readers feel as she does. But to Valenti, and I’d guess to many pro-abortion activists, we pro-lifers aren’t people who have deeply-held beliefs about the value of early human life, we are cardboard cut-out villains who live only to tear apart families, hurt people, and control women.

    What About Smith’s Choice?

    Several pro-life groups, including Live Action, have pointed out that Smith was pregnant with a wanted child. This wasn’t a woman who was hit by a car on her way to an abortion facility. Smith had chosen life and was, by all accounts, looking forward to bringing her child into the world.

    Yet none of the pro-abortion activists commenting on the case seem particularly concerned about what Smith herself would have wanted.

    Monica Synder says:

    If abortion advocacy were primarily about autonomy, you’d think Smith’s likely perspective would be worth at least considering…

    It’s a testament to how very little abortion advocates value unborn children, that even in a case where the woman (1) cannot be harmed by continuing the pregnancy and (2) may very well have wanted her child to live, the framing is outrage that her son’s life is prioritized.

    Pro-Choice activists claim decisions about abortion should be left to the pregnant person—the person whose body the baby is developing in. So, one would think their main concern would be determining what Smith would have wanted for her own body and her own baby. But that doesn’t seem to be the case.

    Monica Hesse at the Washington Post

    An example of this is Monica Hesse’s piece in The Washington Post:

    Hesse describes herself as a “professional feminist.” She summarizes Smith’s case, and writes:

    Those events already constitute almost any definition of tragedy; in addition to the baby [Smith] was planning to welcome with her boyfriend, she already had another young son who will now be left without a mother. But what happened next turned the situation from a tragedy into an absolute horror show.

    Hesse then quotes Ed Setzler, the Republican senator who sponsored Georgia’s pro-life law:

    I think there’s a valuable human life that we have an opportunity to save, and I think it’s the right thing to save it. To suggest otherwise is to declare the child as being other than human.

    Hesse responds:

    This is hideous. This is hideous. The person who is not currently being treated as human is Adriana Smith. She is being treated as an incubator in the most literal sense of the word, her lifeless body forced to breathe so that it can sustain the struggling baby inside it.

    And, yes, I am using the word “baby” instead of “fetus.” I am using that word because I have no doubts that Smith would have used that word. This was a wanted pregnancy and a planned dream of a planned family, and when that is your mindset, you think of the embryo as your baby from the moment you see a flickering heartbeat. [Emphasis in original]

    Hesse engages in the same type of magical thinking I see so often, where whether a baby in the womb is a person depends on whether his mother wants him. A wanted fetus/baby is a human being. An unwanted one is just tissue.

    There is, of course, no logic to this. But Hesse admits that Smith wanted her baby, and wanted to give birth. She demands that the baby die anyway.

    I read a few of the comments. Those commenting all agreed with Hesse and discussed how awful it was that Smith is being kept on life support. There was the usual demonization of those horrible pro-lifers, and much criticism of Republicans on other issues (some of which I agreed with, but little of which was relevant to the actual case).

    What Does “Pro-Choice” Mean?

    I decided to post my own comment. This is what I wrote:

    Can I ask a question to the pro-choice people in these comments?

    Doesn’t being pro-choice mean that the pregnant person (and no one else) decides what happens to her pregnancy? That she has control over whether her fetus/baby can use her body? My body my choice?

    And didn’t this woman WANT her baby? Didn’t she decide she wanted to give birth? She didn’t get hit by a car on the way to an abortion clinic. She was planning a birth.

    Wouldn’t the pro-choice stand be to go with her wishes?

    Monica Hesse seems to be saying, Adriana Smith wanted her baby and wanted to give birth. She made a CHOICE to have her baby. But she’s dead now, so what she wanted doesn’t matter.

    Now it’s MY choice. I’m going to overrule what she actually wanted and make her pregnancy end, make sure the baby she wanted to live will die, because I think the whole idea of keeping her on a respirator is icky.

    It if were me- if I were Adriana, and I was excited and happy to be pregnant, I would WANT my baby born. I would WANT them to keep me on life support. Why would I want my baby to die with me?

    Today, I’ve seen many of my friends say the same thing on FB.

    I’ve read numerous articles about this case, talking about how horrible it is. And not a single ONE has said anything about what Adriana Smith would have wanted. It’s like nobody cares.

    So what does pro-choice actually mean? If the woman whose body the BABY IS IN doesn’t matter? If her wishes don’t matter one bit?

    Hesse, can you please explain to me– WHY are you pro-choice? What do you base your beliefs on? Because it doesn’t seem to be the woman’s right to choose. Otherwise, why would you disregard Adriana’s?

    Responses to My Comment

    There were only a handful of responses, and, not surprisingly, none answered the question.

    Two people claimed that the baby would be disabled and wouldn’t have a life worth living. One claimed the family should make the decision. Another said whoever was going to raise the baby should decide. This commenter mentioned the father. No one seems to have bothered to interview him and ask his opinion.

    One commenter said that many women choose themselves over their babies when pregnancy threatens their life, but this isn’t relevant. Smith is already brain-dead; the death of her baby won’t save her life. It’s not a choice of one life or another, it’s a choice between one death or two deaths.

    The last commenter said that she had once been in a medically induced coma and found the experience so traumatic that she now has a DNR (Do Not Resuscitate Order). If she were pregnant, she said, she would want them to honor the DNR, and would want her baby to die with her. A decision she can make—but what would Smith have wanted?

    Hesse herself, unsurprisingly, never responded to my comment.

    A Wanted Baby After All

    Since I started this article, April Newkirk gave another interview. Despite all the assumptions from pro-abortion people over the past week, Newkirk WANTS her daughter’s baby to live.

    She is quoted as saying, “We’re just hoping he makes it.”

    She isn’t upset about the life support, it turns out, she is upset that the decision wasn’t hers. It seems she would have made the same decision the doctors did. She just wanted to be the one to decide.

    Newkirk says:

    We didn’t have a choice or a say about it. We want the baby. That’s a part of my daughter. But the decision should have been left to us — not the state…

    [R]ight now, the journey is for baby Chance to survive — and whatever condition God allows him to come here in, we’re going to love him just the same [emphasis mine].

    In the original interview that touched off the whole media firestorm, Newkirk never said she didn’t want the baby. That was widely assumed by pro-abortion people, but it appears it was never true.

    Pro-Abortion Reactions on GoFundMe

    Newkirk has started a GoFundMe. Some of the comments from donors reflect the belief that life support should be turned off.

    For example:

    [W]hat’s being done to Adriana and her unborn child in the name of “preserving life” is not a miracle. This is not God’s will. It is not divine intervention. It is a misuse of power, a violation of dignity, and a painful delay of sacred closure.

    Your daughter’s soul deserves peace. Your grandchild deserves a transition—into life or into spirit—that is led by love, not experimentation.

    I believe in a God who honors free will, the natural cycle of life and death, and the sacredness of grief.

    And I believe that Adriana’s story is awakening many of us to truths that society tries to bury… Many of us see the truth and are standing with you, not in false hope, but in real love and spiritual clarity.

    And:

    I pray Justice will prevail and Adriana and her baby will be allowed to rest together. You should have been given a choice.

    We should all be rioting outside of that hospital and demanding this broken law be rectified.

    The GoFundMe has so far earned over $90,700.

    As recently as an hour ago, I was still seeing memes on Facebook declaring that Smith was being kept on life support against her family’s wishes. It remains to be seen if anyone on the pro-abortion side will acknowledge that the family actually wants the baby.

    LifeNews Note: Sarah Terzo covered the abortion issue for over 13 years as a professional journalist. In this capacity, she has written nearly a thousand articles about abortion and read over 850 books on the topic. She has been researching and writing about abortion since attending The College of New Jersey (class of 1997) where she minored in Women’s Studies. This article originally appeared on Sarah Terzo’s Substack. You can read more of her articles here.

    The post Adriana Smith Wanted Her Baby. Her Choice Should be Respected appeared first on LifeNews.com.

  15. Site: Zero Hedge
    1 week 5 hours ago
    Author: Tyler Durden
    Bitcoin Surges To New Record High, 'Trumping' Gold Since Election

    Bitcoin just surge to a new record high, $109,500, extending its recent post-pause recovery and up over 60% since President Trump was elected...

    BTC ETF inflows continue to build...

    ...and we suspect there is more to come, if the recent surge in global liquidity is anything to go by...

    The aggregate open interest in Bitcoin futures surged to a record high on May 20, raising questions about whether bearish positions are now at risk.

    Since Trump's Liberation Day (and now amid the 'One Big Beautiful Bill'), while gold has rallied solidly, Bitcoin appears to have been the preferred position for global uncertainty (after testing down to pre-election levels)...

    As Bitcoin Magazine's Oscar Zarraga Perez reports, a new report from River reveals that the United States dominates Bitcoin ownership globally, holding about 40% of all available Bitcoin. 

    With 14.3% of its population owning Bitcoin, the U.S. outpaces Europe, Oceania, and Asia combined.

    Corporate America also leads in Bitcoin holdings. Thirty-two U.S. public companies, with a combined market cap of $1.26 trillion, hold Bitcoin as a treasury asset. These firms account for 94.8% of all Bitcoin owned by publicly traded companies worldwide. Major holders include Strategy with 569,000 BTC, U.S. mining companies with 96,000 BTC, and others with 68,000 BTC, totaling 733,000 BTC in the U.S., compared to 40,000 BTC held elsewhere.

    Since China’s ban on Bitcoin mining in 2021, the United States has become the global leader in Bitcoin mining, responsible for 38% of all new Bitcoin mined since then. The U.S. attracts miners thanks to its stable regulatory environment, access to deep and liquid capital markets, and abundant energy resources. These advantages have helped the U.S. increase its share of the global Bitcoin mining hashrate by over 500% since 2020, solidifying its position as the center of the industry.

    Bitcoin is also emerging as America’s preferred reserve asset, overtaking gold. Over 49.6 million Americans are in favor of holding Bitcoin, compared to 36.7 million who still prefer gold.

    The US government’s bitcoin advantage is greater than that of gold, where the US accounts for just 29.9% of the world’s central bank gold reserves. 

    “Because there is a fixed supply of BTC, there is a strategic advantage to being among the first nations to create a strategic bitcoin reserve,” said the White House on March 7, 2025.

    Politically, support for Bitcoin is gaining significant momentum across the U.S. government. As of now, 59% of U.S. Senators and 66% of House Representatives openly support pro-Bitcoin policies, signaling a notable shift in political attitudes and greater acceptance of digital assets as key components of America’s economic future.

    The study highlights that Bitcoin ownership is highest among American males aged 31-35 and 41-45, with ownership rates ranging from 3% to 41% within these age groups. 

    Politically, those identifying as “very liberal” or “neutral” are more likely to own Bitcoin than conservatives, though conservatives still make up a significant portion of holders.

    Finally, as we detailed yesterday, global sovereigns have been 'quietly' gathering exposure to the cryptocurrency with StanChart's Geoff Kendrick targeting $500k by the end of Trump's term in office for the largest cryptro currency.

    Tyler Durden Wed, 05/21/2025 - 11:10
  16. Site: Zero Hedge
    1 week 5 hours ago
    Author: Tyler Durden
    WTI Erases Israel-Iran Spike As Crude & Gasoline Stocks See Unexpected Build

    Oil prices are modestly higher ahead of this morning's official energy inventory and supply data, but have come dramatically back off the overnight spike highs driven by CNN headlines suggesting Israel is ready to strike Iranian nuclear enriuchment sites.

    “Either the impact on the oil market in case of an attack is assumed to be low, or the probability for an attack is assumed to be low,” said Bjarne Schieldrop, chief commodities analyst at SEB AB. 

    Wednesday’s gain “is not much when we are talking bombs in the Middle East major oil producing region.”

    Overnight also saw API report another sizable crude inventory build, while products drewdown (again)...

    API

    • Crude +2.5mm

    • Cushing -443k

    • Gasoline -3.24mm

    • Distillates -1.4mm

    DOE

    • Crude +1.33mm

    • Cushing -457k

    • Gasoline +816k - biggest build since January

    • Distillates +579k

    A smaller than expected crude build was offset by an unexpected build in Gasoline stocks according to the official DOE data...

    Source: Bloomberg

    Including a 843k barrel addition to SPR, total US crude stocks rose for the second week in a row...

    Source: Bloomberg

    US Crude production was up very modestly last week - hovering just below record highs - while the rig count continues to reject Trump's 'Drill, baby, drill' narrative...

    Source: Bloomberg

    Geopolitical concerns have for now overshadowed expectations of looser balances heading into the second half of the year, as OPEC and its allies bring back barrels to the market. 

    Source: Bloomberg

    US shale oil output hasn’t peaked and can still expand, but not if prices are near $50 a barrel, ConocoPhillips’ chief executive officer said Tuesday.

    Meanwhile, Trump will not be best pleased if geopolitical tensions raise the price of oil and wreck his inflation-busting drill-baby-drill hopes of declining pump prices for the average American.

    Tyler Durden Wed, 05/21/2025 - 10:39
  17. Site: Zero Hedge
    1 week 6 hours ago
    Author: Tyler Durden
    Is Japan About To Hike Rates AND Restart Yield Curve Control?

    By Elwin de Groot and Michael Every of Rabobank

    Iran’s Khamenei said nuclear talks with US are unlikely to “lead to any outcome”… as US intel says Israel is preparing for a strike on Iran, seeing oil prices move higher. The Israeli press also says Iranian efforts to recruit Israeli agents have skyrocketed, Tehran trying to arrange high-profile assassinations inside Israel to mirror what Israel can do inside Iran, increasing the pressure further. That’s as President Trump is reportedly frustrated by Gaza war and wants PM Netanyahu to "wrap it up"; and the EU will review its association agreement with Israel, as their officials say diplomatic efforts stopped the EU from already halting the agreement; and the UK suspended trade talks with Jerusalem and attacked its ‘repellent’ extremism. Moreover, US Secretary of State Rubio said of Syria: “It is our assessment that, frankly, the transitional authority, given the challenges they’re facing, are maybe weeks —not many months— away from potential collapse and a full-scale civil war of epic proportions, basically the country splitting up,” which is justification for the US and EU removing sanctions on it. In short, the entire energy-rich region is in flux. And so is much else.

    The IMF just asked the US to reduce its fiscal deficit as the Big Beautiful Bill will cut taxes and boost spending much further; and that’s as Reuters says the US ‘is preparing for a long war with China that could hit its bases and homeland’ and Trump is set to launch a "Golden Dome" missile defence system that will cost $175bn and almost certainly won’t be ready within his term of office, as promised. Trump reportedly also wants the UK to boost defense spending to 3% of GDP by 2029, so within the current parliament, increasing its fiscal deficit too.

    Against that backdrop, the downgrade of the US by Moody’s last Friday may have not come as a huge surprise and its debt was already trading “as if” it no longer belonged to the AAA bucket. Still, the re-rating of US debt is having potential effects in corners of the market. Managers of Hong Kong’s Mandatory Provident Fund system are flagging they may be forced to sell their Treasury holdings, since the pension fund only allows them to invest more than 10% of their assets in Treasuries if the US has a AAA or equivalent rating from an approved rating agency. Japan’s Rating & Investment Information is the only approved agency left out there having the US at the highest rating level. The rating agency keeps the US’ rating on stable outlook and has indicated that the situation “hasn’t significantly changed” since it made its assessment in February.

    But other scenarios could obviously play out. The US Congress is moving closer to endorsing Trump tax-cuts, leading to a significant increase in deficits and debt: with the IMF publicly calling for the US to reduce its deficit, such a scenario could lead to a gradual reduction in the share of Treasuries in various investment portfolios. Potentially, so could Trump considering an executive order to open US retirement plans to private equity, which would allow savers to access funds focused on “corporate buyouts and other high-octane deals” - so fewer US Treasuries(?)

    Meanwhile, whereas European/German long-term yields are trading at levels that are still some 30-40bp lower than in early March --when the EU’s and Germany’s defence and infrastructure spending plans startled markets-- those in the US and Japan are trading close to or even higher than the levels seen in early March. A 20y bond auction in Japan saw the lowest demand since 2012 and this pushed the 30y Japanese yield to its highest level since its 1999 debut. It certainly doesn’t help when your own prime minister acknowledges the country’s fiscal situation is “extremely poor, and worse than Greece’s” – even if their intent is to signal opposition to fresh tax cuts financed by additional debt issuance.

    Japan’s core inflation rate has come down from its peak levels of nearly 3% y/y in late-2023 to sit at just over 1.5%. That level, however, was only surpassed twice in the past thirty years: in 2014 and 1997. But in both instances the inflation spike was due to significant changes to the VAT system. If Japan has now entered (?) an episode of more ‘normal’ inflation, it could lead to more persistent upward pressures on (real) bond yields, which would raise interest costs.

    And, like in the US and Europe, the central bank has been dialling down its bond purchases, which, next to weaker demand for bonds, could also be contributing to higher liquidity-risk premiums. Japan’s public debt ratio (214% in 2024) is the highest among developed economies. The BOJ still holds a staggering share (around 50%) of public debt on its balance sheet, but even if the central bank does not slow down its purchases, the ‘net’ amount of debt would still be in the 100%+ range and comparable to that of – indeed – Greece’s, back in 2007.

    We want to avoid burning our fingers on the Japanese bond market – betting against it is commonly known as the widow-maker trade. But we ponder whether Japan could serve as an example for Europe or even, perhaps, the US – Japan, after all, has been the test case for many unconventional policies in recent (monetary) history.

    First off, the country may be better placed than both of these peers to tackle bond market turbulence, and the impact of higher yields on governments’ financing costs. Only 12% of JGBs is owned by foreign parties. So, arguably, the government could introduce some form of wealth tax to claw back part of interest payments on its bonds. Note the similarities with the suggestions for a so-called Mar-a-Lago accord, in which the US could try to lessen its debt servicing costs by forcing its allies to term out their debt holdings at a below-market return, or by imposing some form of tax on foreign holders of Treasuries. The major difference is that Japan’s solutions could be less controversial, since domestic tax policies would suffice to achieve the desired outcome.

    However, such a clawback only gets Japan so far. A wealth tax that offsets the higher debt servicing costs helps to contain the fiscal deficit and debt, but that does not provide the government with additional fiscal space to pursue its strategic goals, such as defence spending or reducing dependence on foreign inputs (note the similarities with the European situation here). Barring monetary support, more substantial tax increases or spending cuts in other areas would be required – and that could quickly erode support for the ruling party.

    Alternatively, the BOJ could resume its government bond purchases. But this would arguably lead to higher inflation and would probably weaken the currency – at a time when the JPY is already under increased scrutiny of the US administration. Japanese finance minister Kato yesterday said that "[…] exchange rates should be set by markets, and that excessive volatility in currency moves has an adverse economic and financial impact." Weakness in the yen could undermine any trade agreement between the US and Japan. So, to mitigate this impact of quantitative easing, could the BOJ simultaneously raise its policy rates in an attempt to achieve a currency-neutral policy mix of higher rates and de facto yield curve control?

    Meanwhile, in trade: China’s Xi stepped up calls for industrial self-sufficiency --so, no rebalancing then?-- and China said it will respond to US chip curbs; Malaysia is to press ahead with Huawei AI, testing the US position on that issue, as Nvidia’s CEO says US chip curbs on China are ‘a failure’; G7 countries are discussing tariffs on oversupplied, low-value Chinese products; the EU is considering a €2 de minimis charge on incoming Chinese packages; the EU is also expected to propose a quota for Russian gas, potentially offering companies a legal way to end their contracts; the US believes new sanctions on Russia may harm peace talks; India imposed restrictions targeting nearly 42% of inbound goods from Bangladesh; and Japan is taking a hardline position ahead of trade talks, demanding the US remove all reciprocal and sectoral tariffs on it.

    So, yes, much is in flux.

    Tyler Durden Wed, 05/21/2025 - 10:20
  18. Site: Zero Hedge
    1 week 6 hours ago
    Author: Tyler Durden
    Republicans Race to Finalize 'Big Beautiful Bill' As Johnson Seeks Memorial Day Deadline

    After weeks of turmoil and negotiations, House Republicans are inching closer to passing their sweeping domestic-policy package, anchored by a multi-trillion-dollar suite of tax cuts, as Speaker Mike Johnson races to finalize the legislation ahead of the Memorial Day recess.

    ouse Speaker Mike Johnson, R-La., at the US Capitol on May 6. Graeme Sloan / Bloomberg via Getty Images file

    Following a personal visit to Capitol Hill on Tuesday by President Donald Trump and a flurry of behind-the-scenes bargaining, House GOP leaders believe they are nearing a deal with key factions. The House Rules Committee convened late into the night and early morning hours Wednesday, preparing the reconciliation bill for floor action. The committee had only just concluded its first panel - which included the chairs and ranking members of the Oversight, Budget, Armed Services, and Financial Services Committees - shortly before 4:30 a.m. (and then returning to their coffins for a nap?).

    The second panel will include top lawmakers from House Homeland Security, Judiciary, Natural Resources and Transportation and Infrastructure committees, while a third panel will include the chairs and ranking members from Agriculture, Energy and Commerce, Education and the Workforce & Ways and Means

    In total, 537 amendments have been submitted to Rules - none yet from Democrats. Notably, GOP leadership has still not released its long-awaited manager’s amendment, which will incorporate many of the compromises Johnson negotiated to appease internal party divisions, including revisions to SALT, Medicaid work requirements, and clean-energy tax credits, Punchbowl News reports.

    Despite the complexity, Johnson is moving aggressively. He hopes to pass a rule and hold a full floor vote as soon as today - a schedule driven by his desire to meet the Memorial Day deadline, avoid attendance issues later in the week, and capitalize on rare momentum.

    The legislative sprint follows a dramatic shift in tone after Trump met Tuesday morning with warring GOP factions and urged unity. Several Republican holdouts publicly maintained opposition afterward, but six senior Republicans involved in the talks said many were privately seeking off-ramps - policy concessions that would let them support the bill while still claiming political victories.

    As Just the News notes, a final push will require some conservatives to make a leap of faith, like Rep. August Pfluger (R-TX), the chairman of the House Republican Study Committee, is taking. 

    "Look as a conservative, I want to save as much money as I can, and we have pushed for that in the Republican Study Committee," he told the outlet on Tuesday. "But the President was pretty clear that we've worked five or six months straight on this, and it is time to get it done.

    "That doesn't mean that a guy like me doesn't want more. Yes, of course I do. But I also want to govern, which means you don't get 100% of everything you want every single time. You have to come back and do it again, and we will," he said during the John Solomon Reports podcast.

    Currently included in the Bill...

    Trump tax cuts; the largest in history with an average $5,000 decrease per household, and includes 'No Tax on Tips, Overtime or Social Security.'

    Immigration and Border Security:

    • Big, Beautiful Deportations”: funding for 1 million deportations per year

    • Completion of the border wall

    • Expansion of border personnel - including 10,000 new ICE agents, 5,000 customs officers & 3,000 Border Patrol agents - and $10,000 bonuses for front-line border workers

    Medicaid Reform:

    • Remove 1.4 million illegal migrants from Medicaid

    • Requires work for benefits starting January 2029

    Spending Cuts and Fiscal Reform:

    • $1.6 trillion in mandatory spending cuts - the largest deficit reduction in nearly 30 years - though the Penn Wharton Budget Model predicts deficits of nearly $3.3 trillion, even when accounting for "positive economic dynamics," while the Joint Committee on Taxation sees the House reconciliation bill increasing deficits by $3.8 trillion through 2034.

      • The White House Council of Economic Advisers projected that the bill would boost GDP by 4.2% to 5.2% in the short run — a staggering level of growth that goes far beyond the mainstream consensus, via Axios.

    • Repeals all of Biden’s “Green New Scam” subsidies & ends electric vehicle mandates

    Social and Cultural Measures:

    • Ends taxpayer-funded sex reassignment procedures for minors

    Infrastructure and Modernization:

    • Major overhaul of air traffic control systems

    Support for Families and Workers:

    • Launch of "MAGA Accounts" for newborns (tax-advantaged savings)

    • Increased child tax credit, strengthened paid family leave, and repeals IRS gig worker reporting rule (>$600 for Venmo/PayPal)

    Support for Farmers:

    • $10 billion+ in tax cuts & eliminates death tax to aid generational farm transfers

    SALT

    One of the most contentious sticking points has been the state and local tax deduction, or SALT. Republicans from high-tax states have demanded relief from the $10,000 cap implemented in 2017. After intense pressure, Johnson offered a revised framework: a $40,000 cap for households earning up to $500,000 (down from a Tuesday proposal for income up to $751,000), with the cap and income threshold escalating 1% annually for ten years. While it falls short of SALT advocates’ hopes - particularly in addressing the so-called marriage penalty - it’s more than many conservatives are comfortable with.

    "This is purely a House play and designed to deal with the political challenge they have to get to 218," Senator John Thune (R-SD), a longtime opponent of expanding SALT, said in an interview Tuesday. "But, I mean, that seems like an incredibly generous offer."

    Thune alluded to possible markups in Senate committees once the legislation arrives from the House. But that’ll be dictated by the House’s timing and what senators think of the proposal.

    “I’m a regular order guy. I think you can improve the product,” Thune said. “But obviously, depending on what happens in the House and the timeline we have to work with, getting committees up and going and doing their thing takes a while - and how ready the product is for prime time… There are certain things the Senate wants to have its imprint on.” -Punchbowl

    Meanwhile, to placate the House Freedom Caucus, Johnson has proposed accelerating the phase-out of clean-energy tax credits enacted under President Biden’s Inflation Reduction Act. Initially scheduled to begin after 2028, the new plan would start the phase-out in 2028, with a carveout for nuclear credits. Freedom Caucus Chair Andy Harris (R-Md.) signaled progress Tuesday evening, backing off prior demands to slash Medicaid funding and saying talks were “moving in the right direction.”

    Still, not all conservatives are satisfied. Reps. Chip Roy (R-TX) and Thomas Massie (R-KY) are expected to vote no. Others are calling for the party to return to a two-bill strategy - a position rejected months ago by both House and Senate GOP leadership.

    ROY just came out of confab with Johnson super sad. Says “we will see” if he still a “no” https://t.co/Xh3NuZULr5

    — Erik Wasson (@elwasson) May 21, 2025

    Despite those tensions, GOP leaders are betting on Trump’s endorsement and the pressure of a looming deadline to push the bill through. “Things don’t get better when you hold it out there,” one senior Republican said. Another added bluntly: “It’s easier to break up with someone from a basement over email. Harder to do it in person, face-to-face.”

    Meanwhile, Democrats are preparing their messaging campaign. A memo from the House Majority Fund - a group aligned with Democratic leadership — advised lawmakers to focus on how the GOP legislation would raise prices for everyday Americans while benefiting the wealthy, rather than lean on technical deficit arguments or hyperbolic language.

    The Congressional Budget Office (CBO) added fuel to the fire Tuesday night, estimating that the Republican bill would increase the deficit by $2.3 trillion over the next decade. The CBO projected automatic spending cuts to Medicare and other safety-net programs without congressional action and warned that the bill would boost the incomes of the wealthiest 10% of Americans while reducing incomes for the bottom 10%.

    Rep. Brendan Boyle (D-PA), ranking member on the Budget Committee, called the legislation "absolutely devastating" for working Americans. Protesters gathered outside the Capitol on Wednesday morning, denouncing proposed cuts to Medicaid.

    Despite the fierce opposition, House Republican leaders believe they are close. And if the manager’s amendment is released in time, Johnson may force the issue by calling a floor vote before lawmakers - including members of his own party - have had a full opportunity to digest the final terms.

    For Johnson, the choice is strategic: act quickly or risk watching weeks of work fall apart under the weight of delay.

    Tyler Durden Wed, 05/21/2025 - 10:05
  19. Site: AsiaNews.it
    1 week 6 hours ago
    The Pakistani Foreign Minister travelled to Beijing to boost the CPEC project, which will also include Afghanistan. While tensions with India have subsided, violence continues in Balochistan where a bomb attack against a school bus kills several children. The missile exchange between India and Pakistan is redefining the geopolitical alliances across Eurasia.
  20. Site: Mises Institute
    1 week 6 hours ago
    Author: Kristoffer Mousten Hansen
    The Usual Suspects from the American and European elites are claiming that Spain's recent blackout was the result of unusual weather conditions. In truth, Spain's dependence upon renewable energy was to blame.
  21. Site: Steyn Online
    1 week 6 hours ago
    Mark takes questions from Steyn Club members around the planet...
  22. Site: Steyn Online
    1 week 6 hours ago
    Thank you for your many kind comments on our eighth-birthday Tale for Our Time. There are sixty-nine others in our extensive archive. Our seventieth, however, is Three Men on the Bummel, Jerome K Jerome's comic romp of 1900. Steyn Clubber Fraser
  23. Site: Steyn Online
    1 week 6 hours ago
    If you missed this week's edition of Steyn's Clubland Q&A live around the planet, here's the action replay...
  24. Site: Zero Hedge
    1 week 6 hours ago
    Author: Tyler Durden
    Congress To Seize Control Of AI: States Stripped Of Regulatory Power

    Via JonFleetwood.substack.com,

    Buried deep in Congress’s 1,116-page “One Big Beautiful Bill Act” is a provision so sweeping, so dystopian, and so underreported that it’s hard to believe it was passed at all.

    Section 43201 of the bill, blandly titled the “Artificial Intelligence and Information Technology Modernization Initiative,” doesn’t just fund the federal government’s full-scale AI expansion—it removes every state’s right to regulate artificial intelligence for the next decade.

    Let that sink in: For the next ten years, no state in America—not even your state—will be allowed to create its own safeguards, protections, or liability standards for how AI is developed or deployed.

    “No State or political subdivision thereof may enforce any law or regulation regulating artificial intelligence models… during the 10-year period beginning on the date of the enactment of this Act.”

    - Sec. 43201(c)(1) of the bill

    This is not a theoretical threat.

    It’s a federal ban on local AI regulation—handing the reins to the very bureaucrats and corporate tech giants already embedding AI into military systems, healthcare, financial markets, education, and law enforcement.

    This section of the bill is a preemptive strike against state sovereignty.

    It neuters legislatures and governors from protecting their own citizens—just as powerful corporations and federal agencies rush to install AI systems into every layer of society.

    It’s not just overreach.

    It’s a federal power grab dressed as “modernization.”

    And President Trump is now marching on Capitol Hill to personally demand the bill’s passage—pushing the very legislation that would shield his $500 billion Stargate AI surveillance grid from any state-level resistance.

    The bill—developed by the House Budget Committee, which passed the legislation yesterday—still needs to be voted on in the House and Senate before it hits Trump’s desk, so if you want your senators and representatives to vote no on it, you can contact them here and tell them why.

    The House is expected to vote on the One Big Beautiful Bill by the end of this week.

    Tyler Durden Wed, 05/21/2025 - 09:50
  25. Site: LifeNews
    1 week 6 hours ago
    Author: Rachel Quackenbush

    Two prominent US bishops commended Congress this week for advancing budget measures that would cut taxpayer funding to abortion providers and “gender transition” services.

    Bishop Daniel E. Thomas, chair of the United States Conference of Catholic Bishops’ (USCCB) Committee on Pro-Life Activities, and Bishop Robert E. Barron, chair of the Committee on Laity, Marriage, Family Life, and Youth, recently voiced strong support for provisions within the House budget reconciliation bill that would redirect funding away from organizations like Planned Parenthood.

    CatholicVote reported that the proposed legislation includes provisions to block federal funds for gender procedures for minors under Medicaid, while also cutting off funding for abortion providers that do not comply with the Hyde Amendment, which only allows abortions in cases of rape, incest, or when the mother’s life is at risk.

    SUPPORT LIFENEWS! If you want to help fight abortion, please donate to LifeNews.com!

    “For decades, Planned Parenthood has received government money and offered low-income women one terrible option: to end the lives of their babies,” the bishops stated. “More recently, they have used the same taxpayer funds to expand their destructive offerings, by promoting gender ideology and providing puberty blockers and hormones to minors, turning them into lifelong patients in the process.”

    The bishops emphasized that federal funding should not be used to support practices that are harmful to human dignity.

    “Americans should not be forced to subsidize abortions and ‘gender transition’ services with their tax dollars,” they said.

    In addition to praising the House’s efforts to defund Planned Parenthood, Bishops Thomas and Barron urged lawmakers to redirect funds toward “authentic, life-affirming health care providers that serve mothers and their children in need.”

    They also appealed to Congress and the Trump Administration to protect vulnerable populations, especially women and children, from “mutilating ‘gender transition’ services and the scourge of abortion.”

    LifeNews Note: Rachel Quackenbush writes for CatholicVote, where this column originally appeared.

    The post Catholic Bishops Support Reconciliation Bill to Defund Planned Parenthood appeared first on LifeNews.com.

  26. Site: ChurchPOP
    1 week 6 hours ago
    Author: Victoria Arruda

    As the cardinal electors voted on the future of the Catholic Church in the silence of the Sistine Chapel, a funny and curious moment occurred.

    Cardinal Luis Antonio Tagle of the Philippines shared in a recent press conference an event that occurred moments before the cardinals chose Cardinal Robert Prevost as Peter's 267th successor.

    Cardinal Tagle said Cardinal Prevost was reflective and visibly moved as it became clearer that he was about to be chosen as the next pope.

    Sitting next to him, Cardinal Tagle noticed the anxious expression on Cardinal Prevost’s face. Then, something unexpected happened: Cardinal Tagle reached into his pocket and offered Cardinal Prevost candy.

    Cardinal Tagle said:

    "I always have a bag of sweets. Cardinal Prevost was next to me. When he was sighing deeply, I said, 'Do you want a sweet?' He said, 'Okay, give me one.' And I said, 'That's it, this is my first act of charity for the new pope,'" the Filipino joked.

    Cardinal Tagle explained that he brought the sweets because he imagined the conclave could last for hours, and this was not the first time he did this.

    When Pope Francis was elected in 2013, Cardinal Tagle brought something to "cheat his hunger." At the time, a Colombian cardinal joked with him when he saw him open a package.

    "In Italian, he asked me what I had brought to the Sistine Chapel. I said, ‘caramel candy,’ and he said, 'A little boy bringing candy to the Sistine Chapel. ' And I said, 'The sessions here are very long, so I always get hungry. ' So he asked, 'Do you have any more? Please give me some," Cardinal Tagle laughingly recalled.

    Cardinal Tagle also said that because they sat by each other, then-Cardinal Prevost (now Pope Leo XIV) asked him several questions about the process. The 2025 conclave was Cardinal Prevost’s first conclave, and Cardinal Tagle's second.

    “He has a humorous side, he has such a great sense of humor that he laughs out loud,” Cardinal Tagle said of Pope Leo XIV.

    Let us pray for Pope Leo XIV’s pontificate!

  27. Site: LifeNews
    1 week 6 hours ago
    Author: Elise DeGeeter

    President Donald Trump urged House Republicans to unite behind his sweeping “One Big Beautiful Bill Act” Tuesday morning, highlighting the legislation’s major tax cuts, pro-family provisions, and conservative reforms.

    “It’s important for the country,” Trump said Tuesday morning. “It’s the biggest tax reduction in history, incredible for Medicaid, Medicare.”

    Responding to Democratic claims that the bill would cut core entitlements, Trump added: “The only thing we’re cutting is waste, fraud, and abuse… We’re not changing Medicaid, and we’re not changing Medicare, and we’re not changing Social Security.”

    The bill was approved Sunday night by the House Budget Committee, days after a GOP-led block temporarily stalled it due to concerns about its projected impact on the national debt. It includes large tax breaks for working-class Americans, small businesses, and domestic manufacturers, while targeting several Biden-era policies.

    Click here to sign up for pro-life news alerts from LifeNews.com

    White House Press Secretary Karoline Leavitt called it “the single most pro-small business, pro-family, and pro-American worker legislation ever.” She noted provisions including no taxes on tips, no overtime tax for law enforcement and firefighters, and a large tax deduction for Americans buying American-made cars.

    “Despite desperate Democrat lies, the biggest beneficiary of this tax cut will be working-class Americans and their families,” Leavitt said Monday. “Americans earning between $30,000 and 80,000 per year will pay about 15% less in taxes after this bill is passed.”

    The bill also advances longtime conservative priorities, including defunding Planned Parenthood, banning taxpayer-funded “gender transition procedures” for minors through Medicaid, and expanding school choice.

    House Speaker Mike Johnson, R-LA, praised the bill’s repeal of over $500 billion in “radical ‘Green New Deal’” funding, calling it a decisive move to end “Biden’s war on American energy.”

    White House Council of Economic Advisers Chairman Steve Miran, citing a new analysissaid the plan could boost GDP by up to 5%, create as many as seven million jobs, and raise the average family’s take-home pay by $8,000-$13,000.

    “President Trump’s budget blueprint has a lot of great things in it, not the least of which is stripping federal funding from Planned Parenthood,” said CatholicVote Vice President Joshua Mercer. “That alone is reason enough to support this bill. Factor in the tax breaks for families, pro-worker policies, educational choice, and more, and the ‘big-beautiful bill’ adds up to a major win for Americans.”

    A key committee hearing is scheduled for Wednesday, with House leaders aiming for a floor vote soon. If the bill clears the House, it will advance to the Senate, where Republicans are reportedly considering amendments.

    LifeNews Note: Elise DeGeeter writes for CatholicVote, where this column originally appeared.

    The post Trump Tells Republicans to Vote for One Big Beautiful Bill to Defund Planned Parenthood appeared first on LifeNews.com.

  28. Site: Zero Hedge
    1 week 7 hours ago
    Author: Tyler Durden
    GLAAD Claims Free Speech Surge On Social Media Undermines LGBT Safety

    One of the most detrimental self-sabotage efforts of the woke movement was their rabid push to control public speech online.  In the case of gay and trans issues, any criticism no matter how factual or logical was met with Orwellian oversight.  For most major social media apps, simply engaging in debate with LGBT activists could mean your account would be flagged and silenced for days or weeks at a time.  Refusing to use a trans person's preferred pronouns could result in a permanent ban.  

    Such policies were established hand-in-hand with federal government efforts to codify LGBT language and make gay and trans people a privileged class protected from any and all scrutiny. Governments and social media platforms partnered up to institute speech controls that might not be possible otherwise.  Under the guise of "protecting LGBT people" from discrimination, the door to arbitrary censorship was opened. 

    This is why in the US there is no such thing as a legal definition for "hate speech".  Classifying any speech as "hate speech" would represent a clear violation of the 1st Amendment.  Yes, you can "yell fire" in a crowded theater, and yes you can call people whatever pejoratives you want to call them.  Hurt feelings are irrelevant to the law, and this is a good thing.

    GLAAD, the gay and trans lobby group, thinks otherwise.

    The organization issued an “alarming” Social Media Safety Index report this month, which found that, after significant rollbacks in protected speech, social media platforms are overwhelmingly "failing to protect" LGBTQ people.

    The only major app that did not receive an "F" grade on LGBT safety was TikTok, which got a D+.  GLAAD has now changed it's grading system due to the lack of platforms meeting their standards.  For 2025, the platforms were rated numerically, with TikTok at 56/100; Facebook: 45/100; Instagram: 45/100; YouTube: 41/100; Threads: 40/100; and X the lowest at 30/100.

    “At a time when real-world violence and harassment against LGBTQ people is on the rise, social media companies are profiting from the flames of anti-LGBTQ hate instead of ensuring the basic safety of LGBTQ users,” GLAAD President and CEO Sarah Kate Ellis said in a statement shared with TheWrap.  “These low scores should terrify anyone who cares about creating safer, more inclusive online spaces,” she added.

    Taking into account the fact that woke activists consider mean words to be the same as an act of violence, it's difficult to take any warnings from GLAAD seriously. 

    The report lists 14 indicators which address a range of issues affecting LGBTQ people online, including data privacy, moderation transparency, training of content moderators, and workforce diversity.  The factor that most interests GLAAD, however, is online censorship

    Jenni Olson, senior director of social media at GLAAD, argues that “The terrible rollbacks from Meta and YouTube are the most important news this year,” referring to both company’s recent decisions to allow previously prohibited hate speech, such as references to LGBTQ people being “abnormal” and “mentally ill” as well as the use of pejorative terms such as “tranny” and “transgenderism.” 

    “It is especially horrible that YouTube removed gender identity from its list of protected characteristics - and yet is continuing to state that the policy hasn’t changed, when it very clearly has …This is just unprecedented for a major platform. It is extremely concerning for a company to remove a protected characteristic group from a hate speech policy,” Olson said.

    In other words, online speech policies are going back to normal and GLAAD doesn't like it.  Frankly the amount of social division and strife caused over protecting the fragile feelings of a tiny percentage of the total population isn't worth it.  LGBT groups are nothing more than a convenient minority vehicle which the establishment tried to use to inject thought control into the public consciousness.  The societal damage done has been immense and will take years to reverse.   

    The popular anger over LGBT issues was created by the very activists crying about safety.  If they had left people alone instead of trying to force their ideological language on the masses, there would be no animosity today.  They earned public suspicion by trying to silence public discussion. 

    Tyler Durden Wed, 05/21/2025 - 09:30
  29. Site: Ron Paul Institute - Featured Articles
    1 week 7 hours ago
    Author: Paul Craig Roberts

    Perhaps Putin should tell the Russian people and the Russian Army that his interest in resolving the conflict in Ukraine with peace negotiations lies in the possibility that the negotiations could be used to achieve a Great Power Agreement like what he and Lavrov tried to achieve with the West during the winter of 2021-2022 prior to Russia’s forced intervention in Ukraine. A New Yalta in effect.  

    Russian foreign affairs commentators have been speaking for some time about the need for a new Yalta agreement.  A few years ago I was asked to address the Russian Academy of Sciences on the subject.  I told them something that they did not want to hear:  that Washington’s claim to hegemony prevented accommodation to Russian sovereignty.

    A few thinking people have been perplexed at Putin’s conduct of the conflict in Ukraine. Russia could have ended the war quickly with conquest, but  instead has fought a slow, restrained war that has greatly expanded the war with Putin and Lavrov bleating constantly for “peace negotiations.”

    Why has Putin done this despite the protests of the Wagner Group and the Chechnya leader of the Muslim troops fighting in the Ukraine conflict?  The only answer seems to be that he wants a New Yalta Agreement.  If he wins the war, he loses the opportunity. So he drags out the war in the hopes that negotiations will provide a platform for addressing the “root cause of the conflict”–which he sees as the absence of a Great Power Agreement.

    One problem Putin’s wishful strategy faces is Washington’s commitment to hegemony.  No American president has repudiated the Wolfowitz Doctrine. Another is that the absence of victory goes down poorly with the Russian nationalists and with the troops themselves.  There are news reports that Russians are suspicious  and resentful of peace negotiations in Ukraine that stop short of victory. 

    Russian soldiers doing the fighting have told media that as tired as they are and as much as they want to go home, they want to liberate all of the regions that are once again part of Russia so that they don’t have to renew the fight in the future.  As one of the soldiers asked, “Otherwise, have all the guys died in vain?”

    Russia’s rescue of the Russian territories assigned to Ukraine by Soviet leaders is important to Putin, but more important is to secure a Great Power Agreement, a New Yalta, that accepts Russia as a member county free of sanctions, overthrow attempts, and conflicts.

    Putin is so desirous of this agreement that he has risked the ever-widening of the Ukraine conflict to the point that drone attacks now close all Moscow airports and destroy energy infrastructure deep inside Russia.  When Putin says that peace negotiations must address the “root cause of the conflict,” he means the absence of a Great Power Agreement.  

    Putin is not interested in a negotiated end to the conflict in Ukraine.  He is hopeful of using negotiation to achieve a New Yalta.  The problem that Putin faces is that Washington, wrapped up as it is in its assumed hegemony, has no comprehension of another country’s point of view. 

    Washington’s approach to all negotiations is to use threats, to look for levers of pressure to force other governments to accept Washington’s “solution” to the “problem,” usually a Washington creation.  In other words, Washington doesn’t really negotiate.  It imposes its solutions.

    Trump expects the Ukrainian negotiations to fail, and has ensured as much, in order to be able to withdraw money and focus from Ukraine and use the resources to bring into operation Trump’s goal of an American Middle East colonial empire which began with Trump’s claim of Gaza as an American possession. This claim is a claim to the undersea gas reserves that run from Gaza’s border with Egypt to northern Syria.  Trump’s visit in Saudi Arabia, the last remaining Arab state, was to enlist the rulers as junior partners in Trump’s American Middle East colonial empire. It seems that with Trump’s domestic agenda blocked by the judiciary, Trump will make us great again with the rise of America’s Middle East Empire.

    Reprinted with permission from PaulCraigRoberts.org.

  30. Site: Ron Paul Institute - Featured Articles
    1 week 7 hours ago
    Author: Rep. John J. Duncan Jr.

    The hatred of some in Israel for the people of Gaza – even for little children – is just astounding. If they have even a tiny bit of belief in God, they should pray for forgiveness.

    Unfortunately, NPR reported last Thursday (May 15) on “deadly airstrikes, killing more than 150 people in the past day, including dozens of children.”

    On May 9 the Israeli newspaper Haaretz and many other publications reported on a meeting of a subcommittee of Israel’s Foreign Affairs and Defense Committee.

    The hearing in the Knesset, Israel’s Parliament, was not about concern for children who were starving or who had to have amputations without anesthesia. It was about concern over the public relations harm to Israel.

    One of the witnesses was Dr. Sharon Shaul from NATAN, a worldwide humanitarian aid charity.

    Dr. Shaul said, “I believe that none of the people sitting around this table are concerned that a suffering child cannot receive painkillers or even minimal medical treatment.”

    Then the story said that Knesset member Amit Halevi from Netanyahu’s Likud Party “interrupted her angrily saying, ‘I’m not sure you’re speaking for us when you say we want to treat every child and every woman.’”

    The doctor then replied that she hoped the member would not oppose “a four-year-old child” undergoing an amputation receiving pain medication. “I hope you have that compassion,” Dr. Shaul said.

    However, Knesset member Limor Son Har-Melech “pointed at the doctor and said ‘the only treatment that should be given is to you.’” Another member shouted, “You are the sickest doctor I have ever seen.”

    Elad Barashi, a producer at Israel’s Channel 14, surpassed even this hatred by writing on social media in early May: “Good morning. Let there be a holocaust in Gaza.”

    In another post, he wrote: “I can’t understand the people here in the State of Israel who don’t want to fill Gaza with gas chambers … or train cars … and finish this story. Let there be a holocaust in Gaza.”

    He added: “Men, women and children – by any means necessary we must simply carry out a Shoa against them – yes, read that again – H-O-L-O-C-A-U-S-T!”

    He said there were 2.6 million terrorists in Gaza and wrote: “Without fear, without weakness – just Crush. Eliminate. Slaughter. Flatten. Dismantle. Smash. Shatter.”

    The fanatic Netanyahu has been indicted for war crimes and crimes against humanity, yet he is a hero in our Congress because of campaign contributions. The rest of the world is overwhelmingly against the genocide in Gaza.

    In my column two weeks ago, I wrote of the letter signed by the 36 members of the Board of Deputies of British Jews, which criticized what it called this “most extremist of Israeli governments” and said, “We stand against the war.”

    Even more significant – in fact, almost shocking – is the column Thomas Friedman, the longtime New York Times columnist, published on May 9 entitled “This Israeli Government Is Not Our Ally.”

    Friedman said Netanyahu has placed personal political survival before his nation’s and U.S. interests and wrote, “Netanyahu is not our friend.”

    He added that “a permanent Israeli military occupation, whose unstated goal will be to pressure all Palestinians to leave is a prescription for a permanent insurgency – Vietnam on the Mediterranean.”

    Israel has never had any prominent media voice more supportive than Friedman has been over the years. He has been writing for the New York Times since 1981.

    President Trump wrote that the release of the American hostage Edan Alexander a few days ago was “a step taken in good faith toward the United States and the efforts … to put an end to this very brutal war…”

    Axios reported that “Israel was not directly involved … and initially learned about it from its intelligence services who spy on Hamas.” This gives credence to the many reports that Trump is tired of being manipulated by Netanyahu.

    CNN reported on May 12 that Trump “blindsided Israel several times already – announcing talks with Iran, a deal with Yemen’s Houthi rebels, and direct talks with Hamas,” plus not stopping there on the president’s latest Middle East trip.

    Maybe Friedman’s column and some of the statements and actions by Trump will finally give some members of Congress the courage to speak out against Israel’s cruelty in Gaza.

    Reprinted with author’s permission from the Knoxville Focus.

  31. Site: LifeNews
    1 week 7 hours ago
    Author: Steven Ertelt

    Former New York Governor Andrew Cuomo issued the order in March 2020 that ultimately killed at least 15,000 nursing home residents. Many senior living centers were flooded with COVID patients thanks to Cuomo’s reckless order putting them in senior living facilities instead of other locations that could have protected elderly people.

    Now, the Justice Department has launched a criminal investigation into Cuomo, probing whether he lied to Congress about his role in a state policy that led to the deaths of thousands of nursing home residents. The investigation, initiated last month, centers on a controversial March 2020 directive that required nursing homes to accept COVID-positive patients, a policy critics argue caused a catastrophic loss of life among vulnerable seniors.

    Click here to sign up for pro-life news alerts from LifeNews.com

    The probe follows a referral from House Oversight Chairman James Comer, who accused Cuomo of making false statements to a House subcommittee investigating his administration’s handling of the pandemic.

    Comer’s referral alleges Cuomo was involved in drafting a 2020 New York State Health Department report that downplayed nursing home deaths, despite testifying he had no role in its creation.

    Cuomo’s March 25, 2020, order mandated nursing homes to admit or re-admit patients regardless of their COVID status, a decision that pro-life groups and grieving families say endangered elderly residents. The policy, which was revoked on May 10, 2020, is blamed for contributing to the deaths of at least 15,000 nursing home residents, according to reports.

    A 2021 investigation by New York Attorney General Letitia James found that the state undercounted nursing home deaths by as much as 50%, excluding residents who died after being transferred to hospitals.

    This investigation is long overdue for people like Daniel Arbeeny, co-founder of We Care Memorial Wall for COVID nursing home victims, whose father, Norman, died in a Brooklyn nursing home after contracting COVID. Arbeeny, who filed a wrongful death lawsuit against Cuomo in 2022, called the policy “reckless endangerment” that cost thousands of lives.

    He has said Cuomo must be held accountable for forcing nursing homes to accept infected patients when safer alternatives, like hospital ships, were available.

    Janice Dean, a Fox News meteorologist who lost both her in-laws to COVID-19 in New York nursing homes, has been a vocal critic as well and says there needs to be accountability for the 15,000 seniors who died alone because of Cuomo’s deadly directive.

    Families of nursing home victims see the probe as a step toward justice.

    Vivian Zayas, co-founder of Voices for Seniors, whose mother died in a Long Island nursing home, said, has demanded the truth for over 5 years.

    The Justice Department and FBI declined to comment, citing a policy of not confirming ongoing investigations. Whether the probe will lead to charges remains unclear, but for pro-life advocates and affected families, it represents a chance to hold Cuomo accountable for policies they believe prioritized politics over human lives.

    The post Justice Department Investigating Andrew Cuomo for Killing Thousands of Seniors appeared first on LifeNews.com.

  32. Site: PaulCraigRoberts.org
    1 week 8 hours ago
    Author: pcr3

    How America Is Being Made Great Again

    Paul Craig Roberts

    Perhaps Putin should tell the Russian people and the Russian Army that his interest in resolving the conflict in Ukraine with peace negotiations lies in the possibility that the negotiations could be used to achieve a Great Power Agreement like what he and Lavrov tried to achieve with the West during the winter of 2021-2022 prior to Russia’s forced intervention in Ukraine. A New Yalta in effect.  

    Russian foreign affairs commentators have been speaking for some time about the need for a new Yalta agreement.  A few years ago I was asked to address the Russian Academy of Sciences on the subject.  I told them something that they did not want to hear:  that Washington’s claim to hegemony prevented accommodation to Russian sovereignty.

    A few thinking people have been perplexed at Putin’s conduct of the conflict in Ukraine. Russia could have ended the war quickly with conquest, but  instead has fought a slow, restrained war that has greatly expanded the war with Putin and Lavrov bleating constantly for “peace negotiations.”

    Why has Putin done this despite the protests of the Wagner Group and the Chechnya leader of the Muslim troops fighting in the Ukraine conflict?  The only answer seems to be that he wants a New Yalta Agreement.  If he wins the war, he loses the opportunity. So he drags out the war in the hopes that negotiations will provide a platform for addressing the “root cause of the conflict”–which he sees as the absence of a Great Power Agreement.

    One problem Putin’s wishful strategy faces is Washington’s commitment to hegemony.  No American president has repudiated the Wolfowitz Doctrine. Another is that the absence of victory goes down poorly with the Russian nationalists and with the troops themselves.  There are news reports that Russians are suspicious  and resentful of peace negotiations in Ukraine that stop short of victory. 

    Russian soldiers doing the fighting have told media that as tired as they are and as much as they want to go home, they want to liberate all of the regions that are once again part of Russia so that they don’t have to renew the fight in the future.  As one of the soldiers asked, “Otherwise, have all the guys died in vain?”

    Russia’s rescue of the Russian territories assigned to Ukraine by Soviet leaders is important to Putin, but more important is to secure a Great Power Agreement, a New Yalta, that accepts Russia as a member county free of sanctions, overthrow attempts, and conflicts.

    Putin is so desirous of this agreement that he has risked the ever-widening of the Ukraine conflict to the point that drone attacks now close all Moscow airports and destroy energy infrastructure deep inside Russia.  When Putin says that peace negotiations must address the “root cause of the conflict,” he means the absence of a Great Power Agreement.  

    Putin is not interested in a negotiated end to the conflict in Ukraine.  He is hopeful of using negotiation to achieve a New Yalta.  The problem that Putin faces is that Washington, wrapped up as it is in its assumed hegemony, has no comprehension of another country’s point of view. 

    Washington’s approach to all negotiations is to use threats, to look for levers of pressure to force other governments to accept Washington’s “solution” to the “problem,” usually a Washington creation.  In other words, Washington doesn’t really negotiate.  It imposes its solutions.

    Trump expects the Ukrainian negotiations to fail, and has ensured as much, in order to be able to withdraw money and focus from Ukraine and use the resources to bring into operation Trump’s goal of an American Middle East colonial empire which began with Trump’s claim of Gaza as an American possession. This claim is a claim to the undersea gas reserves that run from Gaza’s border with Egypt to northern Syria.  Trump’s visit in Saudi Arabia, the last remaining Arab state, was to enlist the rulers as junior partners in Trump’s American Middle East colonial empire. It seems that with Trump’s domestic agenda blocked by the judiciary, Trump will make us great again with the rise of America’s Middle East Empire.

  33. Site: Saint Louis Catholic
    1 week 8 hours ago
    Author: thetimman

    There are plenty of areas in which to be disappointed (or justified, depending on your level of cynicism) by the current presidential administration. But one has to be grateful to God that Trump is president, if only to be freed from the globalist tyranny of the so-called World Health Organization. Withdrawing our country from the WHO and the oh-so-fraudulently-based Paris Climate Accords are two of the very best moves he has made.

    Make no mistake, and you likely already know this, the globalist WHO and the climate scam are nothing more than means of globalist tyranny, the weakening of national sovereignty, and a gigantic tax on US citizens to fund their own destruction.

    The global response to the 2020 cold virus “pandemic” was so good for the globalists that they want even more power. The WHO just adopted a “pandemic agreement” that requires member nations to do what it says. Thankfully, our withdrawal from this gang of corrupt and evil bureaucrats was already announced and will soon be over. I get the feeling also that should the gang declare a summer beach and playground pandemic before the literal ending date of US membership that our president would tell them where and how far up to stick their dictates.

    Like I said at the time, it isn’t as though we deserve the blessings of the good Lord for anything we have done. But in His goodness He has given us a stay of execution, as it were. Further membership in the WHO might have been a literal death sentence. Good for President Trump.

    Now do NATO.

  34. Site: PaulCraigRoberts.org
    1 week 8 hours ago
    Author: pcr3

    The Camp of the Saints

    Paul Craig Roberts

    80% Of French Women Want The Army Deployed In French Cities To Protect Them Against Immigrant-Invaders

    France has seen an incredible 86 percent increase in sexual violence in the last 10 years, with mass immigration fueling this trend.

    https://www.zerohedge.com/geopolitical/80-french-women-want-army-deployed-french-cities-protect-them 

    https://rmx.news/article/france-86-increase-in-sexual-violence-on-french-public-transport-in-10-years-with-mass-immigration-fueling-the-rise/ 

    It is the same in Sweden, Norway, Germany, all over Europe.

    The French women will not receive the French army’s protection.  The French government, like the governments in Norway, Sweden, Germany and all of Western Europe, is committed to the erasure of ethnic nations.  French women should have read The Camp of the Saints.  They should have voted for Marine Le Pen, the only French political leader who believes in a French ethnic nation.

    Now it is too late for the French women.  The government of France has framed Le Pen and sentenced her to prison for her defense of a French ethnic nation.  She was eliminated for being a French nationalist, not for the alleged fraud used to frame her.

    The death of white ethnic nations is the consequence of the use of education by the leftwing to destroy the belief system.  White ethnicities have been taught to see themselves negatively and infused with guilt to such an extent that they cannot defend themselves or even recognize their true leaders.  They consistently vote for their own destruction.

  35. Site: PaulCraigRoberts.org
    1 week 8 hours ago
    Author: pcr3

    Democrats Hate White People

    Here is the white  Democrat Rep. Merkley raising a fuss with Secretary of Defense Rubio–why Rubio?–about white South Africans being allowed into the US. 

    What more proof do insouciant Americans need that Democrats are anti-white?

    https://x.com/nicksortor/status/1924862459623440604 

    When you take a close look at the US Congress, the media, educators, the judiciary, you have to wonder how the United States can possibly survive.

  36. Site: Novus Motus Liturgicus
    1 week 8 hours ago
    Our thanks to Dr Agnieszka Fromme for sharing with us this interesting article about theological censorship in the post-Conciliar lectionary. It will be presented in two parts. Jefferson Bible (photo from Smithsonian)Was a “Richer Table of the Word” Truly Set for Us in 1969? A Comparison of the Tridentine Lectionary and the Ordo Lectionum Missae Dr. Agnieszka Fromme One of the aims of the Peter Kwasniewskihttp://www.blogger.com/profile/02068005370670549612noreply@blogger.com0
  37. Site: Fr. Z's Blog
    1 week 8 hours ago
    Author: Fr. John Zuhlsdorf
    It’s great to see a phrase you have popularized for so long that people now use it rather commonly. It’s even better when that phrase is used to describe our new Pope Leo XIV. Also of note in that screen … Read More →
  38. Site: Voice of the Family
    1 week 9 hours ago
    Author: Peter Newman

    “Western mass media is extraordinarily effective in fostering within the general public enormous sympathy for beliefs and practices that are at odds with the Gospel — for example abortion, homosexual lifestyle, euthanasia.” — Fr Robert Prevost OSA (Leo XIV) Johan Bergström-Allen is a “lay pastoral minister at Our Lady’s Church in York” and “chairman of […]

    The post Of millstones and strange flesh appeared first on Voice of the Family.

  39. Site: Voice of the Family
    1 week 9 hours ago
    Author: Peter Newman

    As we have seen, the British campaign for abortion emerged from the eugenics movement, whose members believed society was “breeding from the wrong end” and that the proliferating “unfit” should be sterilised; however, while eugenicists believed that the “fit” should have more children, and the “unfit” fewer, the equally secular Neo-Malthusians advocated the small “Malthusian […]

    The post Religion and the abortion campaign (2) appeared first on Voice of the Family.

  40. Site: Voice of the Family
    1 week 9 hours ago
    Author: Peter Newman

    From Divine Intimacy Prelude O Jesus, make me understand that my prayer is of no avail unless it is made in Your Name; that my faith is vain unless I convert it into works. 1 In this Sunday’s Gospel, taken again from the discourse of Jesus after the Last Supper (Jn 16:23–30), the Church continues […]

    The post Efficacious prayer: on the fifth Sunday after Easter appeared first on Voice of the Family.

  41. Site: Mises Institute
    1 week 9 hours ago
    Author: Nehir Turgut
    Economists have said that a higher education degree is a form of “signaling” by the person holding the diploma. Thanks to government attempts to make higher education readily available, the value of a college degree has been severely degraded.
  42. Site: AsiaNews.it
    1 week 9 hours ago
    40,000 welcome Pope Prevost in St Peter's Square for his first public audience. Tour in the popemobile amid cheers and flags from Lebanon, Ukraine, and peace movements. Leo XIV continues the catechetical series 'Jesus Our Hope', begun by Francis for the Jubilee. A renewed appeal for 'dignified humanitarian aid' to Gaza: 'We are called to sow hope and build peace.'
  43. Site: southern orders
    1 week 9 hours ago






    Pope Leo has a busy June. Of note, though, is the return of the Corpus Christi Eucharistic Procession to Rome, specially the Basilicas of St. John Lateran and St. Mary Major. It’s been a few years since Pope Francis has had the procession in Rome.

    Unfortunately it will be on a Sunday rather than the preceding Thursday. Keep in mind that the symbolic meaning of having it on Thursday is to remind us of Holy Thursday and the Institution of the Most Holy Eucharist by our Lord. Hopefully Holy Thursday never gets transferred to the following Sunday like Corpus Christi and the Ascension have.

    From Vatican News:

    As the Church marks the Solemnity of the Body & Blood of Christ (Corpus Christi) on Sunday, June 22, Pope Leo XIV will preside at Mass at 5:00 PM in the Basilica of St. John Lateran and take part in the Eucharistic procession to the Basilica of St. Mary Major.




  44. Site: AsiaNews.it
    1 week 9 hours ago
    In an interview with AsiaNews, Cardinal Louis Raphael Sako reflects on the days of the Conclave spent alongside the new pontiff and their 'very important' first meeting after the election. He describes the 'complicated situation' facing Christians in the Middle East, who suffer from a 'lack of stability' despite some improvements in security. His first words to Pope Prevost: 'We are counting on you.'
  45. Site: The Remnant Newspaper - Remnant Articles
    1 week 9 hours ago
    Author: gaetanomasciullo@outlook.it (Gaetano Masciullo | Remnant Columnist)
    On May 17, 2025, in the Clementine Hall, Pope Leo XIV received the members of the Centesimus Annus pro Pontifice Foundation, a Vatican organization that promotes the study and dissemination of the Church's social doctrine. Speaking precisely about this, the Pope took the opportunity to clarify what he means by "doctrine."
  46. Site: Fr. Z's Blog
    1 week 10 hours ago
    Author: frz@wdtprs.com (Fr. John Zuhlsdorf)
    “Shut up, pray for the man, keep doing your thing and stay out of sight. Winter is not over. The wolves are not dead yet.” HERE
  47. Site: Mises Institute
    1 week 10 hours ago
    Author: Connor O'Keeffe
    The reaction to Biden’s cancer announcement reveals how little trust the public has in the people who spent years claiming that Biden’s mental decline was fabricated by right-wing propagandists. That lack of trust is well deserved.
  48. Site: Real Investment Advice
    1 week 10 hours ago
    Author: RIA Team

    Monday was a record-setting day. Stocks opened down 1% on news that Moody's downgraded the US credit rating to AA. While some perceived the downgrade as problematic, retail investors, aka individuals, bought stocks at the highest rate ever. Per JP Morgan, retail investors purchased a net of $4.1 billion of US stocks in the first three hours of trading. As their graph below shows, Monday's retail buying stampede dwarfs prior instances.

    While the retail net inflow was quite impressive, it does leave the bulls and bears with a consideration. We should ask ourselves who the retail investors bought the stock from. The answer, by default, is institutional investors. This trend of retail buying from institutional investors has been ongoing. As we wrote in Smart Money or Dumb Money: Who Will be Right:

    Smart money (institutions and hedge funds) is aggressively selling this market while individual investors, aka dumb money, are aggressively buying. The difference in opinions is stunning.

    Typically, institutional investors are right; however, over the last few years, retail has proven to be the smarter money. Is retail out of money? Or will institutions cover?

    retail net imbalance

    What To Watch Today

    Earnings

    Earnings Calendar

    Economy

    • No notable economic releases today

    Market Trading Update

    Yesterday's commentary noted the numerous momentum indicators suggesting higher asset prices ahead. While the markets are indeed short-term overbought and due for a pullback, the bull market remains intact and will likely end the year with higher, rather than lower, prices. However, when markets rally as hard as they have lately, adding exposure to the market as needed becomes difficult.

    The subject of this weekend's newsletter will be "Trading An Unstoppable Bull Market." This will not be the first time we have written this article, but every time we get into similar market environments, the challenges remain the same for investors.

    There are millions of different ways to approach technical analysis, and investors use millions of combinations of technical indicators to try to decipher market movements. I am only going to discuss how we do it with you.

    Notably, technical analysis does NOT predict the future. It is the study of historical price action, which is the purest representation of the psychology of market participants. From that study, we can make statistical observations about the behavior of market participants in the past. Those assumptions can help form a “guess,” assuming similar variables, about how they may act in the near term.

    For our portfolio management needs, we keep our analysis very simple. We use one indicator to indicate if prices are overbought or oversold, two moving averages to determine the trend of prices, and Bollinger bands to warn of significant deviations from those moving averages. I show the technical setup in the sample chart below from SimpleVisor.com.

    Market Trading Update

    We are looking for either “warning signs” that stocks could be due for a short to intermediate-term, corrective period, or indications that they are oversold and ready to advance. Currently, we are dealing with the former.

    Historically, when prices move toward the upper bands of 2- or 3-standard deviations above the 50-day moving average (dma), the Relative Strength Index (RSI) is overbought, and the MACD is crossing lower from a high level, stock prices generally correct to some degree. Such is the potential environment we will likely deal with in the next few weeks as we move into June and stock buybacks begin to fade. This is also why we have suggested taking profits, rebalancing risk, and holding cash for a better entry point.

    However, while we are waiting for an entry point to increase exposure, it is essential to remember the most important commandment:

    Commandment #1: “Thou Shall Not Trade Against the Trend.” – James P. Arthur Huprich

    Let me be very clear. We are discussing risk management. You must understand the market’s overall trend and when it is changing. The negative price trend from April is over, and the market continues to trend positively. That is just what it is.

    Currently, we are in a “bull market” advance. As such, we want to maintain our exposure to equity risk. However, this does not mean we should ignore what the market tells us and let the ebbs and flows wash over us. Eventually, another “ebb” will come, and we will want to increase risk accordingly. However, that is not today.

    “In a bull market, you can be either long or neutral. In a bear market, you can only be neutral or short.” – Dennis Gartman

    While the market could certainly pull back to the lower of those “bands,” corrections will likely remain confined to the 50-dma. As such, we will want to use those opportunities to trade portfolios into higher levels of equity exposure. With the market currently more overbought and extended, we want to remain cautious about committing our cash reserves to the broad market more aggressively.

    Willingness and ability to hold funds uninvested while awaiting real opportunities is a key to success in the battle for investment survival.” – Gerald Loeb

    I hope this helps.

    banner ad for SimpleVisor, our do it yourself investing tool. sign up for your free trial now

    World Government Bond Yield Curves

    The graph below from Trading View provides some context for the level of US Treasury yields. As shown, other than the UK, the US has the highest yields across the maturity spectrum. Other than China, all of the curves slope upward. Thus, short-term yields are lower than longer-term yields. Such a slope is normal. Moreover, it occurs after most of the slopes were inverted.

    The notable difference between the curves is the lower short-term rates for all countries but the US and UK. Excluding Japan, their central banks have been more aggressive in cutting rates. While deficit- and tariff-related inflation narratives keep US yields higher than other countries, investors focused on the historical drivers of yields (inflation and economic activity) should find value in the higher yields. However, the battle between narratives and fundamentals favors the narratives for now.

    world government bond yields

    How To Achieve Financial Independence And Retire Early (FIRE)

    The FIRE movement—short for Financial Independence, Retire Early—has gained popularity among those who want more control over their time and financial future. Unlike traditional retirement models, FIRE encourages aggressive saving and disciplined financial planning to reach financial independence far earlier than the typical retirement age.

    Whether you dream of leaving the 9-to-5 grind in your 40s or simply want to build more freedom into your life, understanding the FIRE retirement strategy and how to build a financial independence plan is essential.

    READ MORE...

    Tweet of the Day

    lei tweet

    “Want to achieve better long-term success in managing your portfolio? Here are our 15-trading rules for managing market risks.”

    Please subscribe to the daily commentary to receive these updates every morning before the opening bell.

    If you found this blog useful, please send it to someone else, share it on social media, or contact us to set up a meeting.

    The post Retail Is Fearless: Buy The Dip Is On Steroids appeared first on RIA.

  49. Site: PeakProsperity
    1 week 10 hours ago
    Author: Chris Martenson
    Epstein's death inconsistencies suggest homicide, not suicide; official narratives questioned.
  50. Site: Crisis Magazine
    1 week 11 hours ago
    Author: David Ayers, Ph.D.

    Traditional, orthodox Roman Catholic believers ought to be extremely grateful that American Catholics do not vote on Catholic doctrine, moral teaching, and ecclesiology. Because if they did, and if they got their way, much of the historic Roman Catholic Church would be swept away into the dustbin of history. This conclusion screams from the pages of a recent Pew Research Center survey report…

    Source

Pages

Subscribe to Distinction Matter - Subscribed Feeds