Elon Musk stunned the world again today, but not by delivering on any of the new products he perpetually promises but never actually come to market. Instead, it was by completely reversing his recent decisions to accept Bitcoin as a payment option for Tesla cars.
In a Tweet, Musk cited environmental concerns as the reason for his change of heart.
Tesla & Bitcoin pic.twitter.com/YSswJmVZhP
- Elon Musk (@elonmusk) May 12, 2021
Of course, cryptos dropped on the news with BTC trading as low as $46K as of this writing.
But Musk’s explanation makes no sense for two reasons. The first…
In a bombshell report written by Gordon Rayner and published by The Telegraph , several psychologists have filed a formal complaint with the UK government over what they call “covert psychological tactics” used to increase fear among the British public.
Many of these accusations are based on a piece of evidence from the very beginning of the pandemic in March of 2020.
In a document prepared for the Scientific Advisory Group for Emergencies (SAGE) in March, there is wording that suggests the public was not fearful enough, and this represented a problem for the UK government.
From the document:
Sadly, too many people still believe that all the privacy violations and data collection by social media and tech companies are being done solely for the purpose of targeted advertising.
Many of us have had the experience of speaking about a product or service, only to have our phones or other devices serve up ads for those same items.
So while that may be creepy, that isn’t the end goal of these companies and their endless data collection and tracking. Instead, they want to build and manage a unique profile for every individual, and then tie that to a global…
If you’ve been watching the news at all over the last few days you’ve seen how the mainstream media, social media networks, and Democrats are framing the events of January 6th.
The official narrative is that violent Trump supporters “stormed” the Capitol Building.
But there is growing number of people who believe that Capitol police actually invited the protesters in. And they have the video to prove it.
Multiple video clips from that day show Capitol police not only standing down, but removing barricades to allow Trump supporters in. …
Over the weekend news reports started to circulate that both Nancy Pelosi’s home as well as Mitch McConnell’s home were vandalized.
In both cases, spray painted messages demanding either increased government payouts to citizens or rent cancellation were painted on their door. In the case of Nancy Pelosi’s home, a severed pig’s head was also left behind in a pool of red paint.
These two incidents, while not very severe and will most likely not even by covered in the news by Monday, may be more significant than they appear on first glance.
For decades the establishment has played the…
Today will be a day that will be remembered for quite some time. The Supreme Court let down the entire country with their decision to not even hear the election fraud case brought by the state of Texas and endorsed by 19 other states.
President Trump echoed that sentiment in a late night Tweet on Friday, declaring that the Supreme Court has let us down.
The Supreme Court really let us down. No Wisdom, No Courage!
- Donald J. Trump (@realDonaldTrump) December 12, 2020
However, we can’t allow the Supreme Court’s lack of courage to cause us to lose our…
As governors like California’s Gavin Newsom impose newer and more stringent restrictions on how people can live their lives and make a living, there is one simple question that needs to be asked.
While many governors keep talking about the exact upper threshold of cases for implementing new restrictions, they leave out what the criteria is for completely removing all restrictions.
So here is the question that needs to be asked. What is the threshold that must be met for ALL restrictions to be lifted? …
Although a lot has happened since November 3rd, if you can remember back to the night of the 2020 election something strange happened that had a lot of observers scratching their heads, including myself.
As the votes were being tallied late into the night on Tuesday and into Wednesday morning, Trump decided to make an official announcement regarding the election.
During that appearance, he made a statement that at the time seemed to be nothing but a random musing, however it turned out to predict exactly what happened in the days that followed.
Trump said that the vote counting should…
Today was another record day.
No, it wasn’t for the inflated covid numbers, it was a record day for the Dow Jones as the market index surpassed 30K for the first time ever.
Even if you don’t know much about the stock market it probably seems a little strange that in the middle of a pandemic and a contested election fight that will soon be in the Supreme Court, that the stock market is at record highs.
Usually markets don’t like uncertainty, or at least that’s the conventional wisdom. And we couldn’t really be in more uncertain times than right…
The Pfizer corporation dominated the news cycle on Monday when they announced their vaccine for covid-19 was 90% effective in clinical trials. The news sent the stock up 16%, and it also netted the CEO Albert Bourla an easy $5.6 million dollars as he dumped 62% of his stock on the news.
But this wasn’t simple profit taking. Bourla had to follow SEC guidelines regarding insiders selling stock in the companies they are affiliated with. In this case, it was Rule 10b5–1, which allows for an insider to sell a predetermined amount of stock at a predetermined time.