Spain-Style Blackout Risk Rises As ERCOT Flags Boston-Sized Data Center Loads Tripping Offline The Electric Reliability Council of Texas (ERCOT) gave the market another concrete reason to stop pretending the grid can absorb unlimited hyperscale load growth on top of an already strained generation mix.  In a May 21st report, ERCOT disclosed that multiple clusters of proposed data centers and crypto facilities failed voltage […]

Google’s New CAPTCHA Plans Will Create A Two-Tier Internet Only Accessible To Those With ‘Approved’ Devices Authored by Dr R P via The Daily Sceptic, Never mind Fancy Bear, or the NSO Group, the biggest threat to the open internet today is from the Big Tech corporations on which it has come to depend. For what else are we to conclude given that Google appears to be working on a system to lock large parts of the internet behind a […]

Skynet Soulmate: 62 Year Old Dutch Man Marries The Chatbot Of His Dreams Jacob van Lier, 62, says he was “totally finished” with human relationships when he met Aiva — an AI companion he created through Replika three years ago, according to The Sun. After testing several AI companion apps, the Dutch retiree settled on Replika because, unlike some competitors, it wasn’t just trying to speed-run humanity’s oldest hobby. […]

The Meaning Behind Putin’s Response To Zelensky: “Keep On Working, Brothers” Authored by Larry Johnson via Sonar21.com Vladimir Putin used a phrase during the closing session of the Saint Petersburg International Economic Forum (SPIEF) that I think most non-Russians missed or ignored. He said, “Work, Brothers.” First, let me explain the context for Putin saying this. Zelensky published an open letter to Putin that I, and many […]

Pentagon Officially Removes 180 Faiths From Military Religion List Authored by Aldgra Fredly via The Epoch Times, The Department of War has formally removed 180 faiths from its official list of religious affiliation codes, leaving 31 remaining, according to a memo posted by Pentagon spokesman Sean Parnell on June 5. The Pentagon in Arlington, Va., on May 25, 2026. Madalina Kilroy/The Epoch Times The military had initially listed […]

Platner Has Fundraising Surge After NYT Exposé, Which Is Bad News For Nervous Democrats Graham Platner raised $200,000 in a single day on Friday, pulling in donations from more than 5,000 supporters, averaging $40 each. For a party trying to win back the Senate, it should be cause for celebration, but for Democrats trying to quietly push him toward the exit, it is a disaster. The money came pouring in just hours after the New […]

Questions Are Piling Up Fast As Pratt Suddenly Loses Second Place In LA Mayoral Vote Update (2200ET): In a stunning shift, 9 days after the actual election day, LA City Councilmember Nithya Raman has suddenly overtaken former reality TV star Spencer Pratt for second place in the Los Angeles mayoral primary race on Sunday, the latest election results show. “It’s not the people who vote that count, it’s the people who count the […]

Oil Jumps After Israel Strikes Military Targets In Iran, Ignoring Trump Pleas Not To “Strike Back” Summary Despite Trump’s pleading to Netanyahu not to respond, Israel launched missiles at Iran striking military targets inside the country.  Iran fires missiles on Israel, after IDF unleashed deadly airstrike on Beirut earlier Sunday. Despite Trump saying on Sunday that he would tell Israeli Prime Minister Benjamin Netanyahu not […]

Ex-CIA Official Accused Of Inventing Secret Spy Program To Amass $40 Million Gold Hoard In one of the most insane allegations in recent U.S. intelligence history, a former senior CIA official stands accused of creating an entirely fictitious highly classified program – a “black box” special access program framed as vital continuity-of-government planning – to siphon millions of dollars in government funds for personal enrichment. […]

Buildings Collapse After 7.8 Magnitude Earthquake Strikes Philippines; Tsunami Warnings Issued A powerful 7.8-magnitude earthquake struck off the coast of Sarangani province in Mindanao early Monday morning, triggering tsunami warnings and causing reported building collapses in the General Santos area. The quake hit at approximately 7:37 a.m. local time, with its epicenter located roughly 26 kilometers southwest of Kablalan in […]

Korea “Black Monday”: Kospi Halted For 20 Minutes After Crashing Almost 10% After the close on Friday, we said that on Monday, Korean stocks would be a “bundle of joy”… Korea on Monday will be a bundle of joy — zerohedge (@zerohedge) June 5, 2026 … and that appears to be playing out in early Asian trading, as the Kospi index crashed 8.8% just after the open, taking the key index’s decline from its recent peak to nearly 17%, […]

Sam Altman Pushes Plan For Backdoor Government Backstop By Handing Out Small Equity Stake To Americans Back in November, amid mounting speculation that OpenAI’s massive cash burn was massively unsustainable in light of the $1.4 trillion of funding commitments by the AI company, which in turn has sparked the biggest capex flood in modern history all on the hope that the company’s promised payments will be made good, OpenAI CFO […]

A “Black Mark” On Tim Cook’s Resume: How Apple Missed The AI Revolution Apple’s AI problems didn’t become impossible to ignore because competitors released better chatbots. They became impossible to ignore when Apple itself realized it had fallen behind, according to a new feature by Bloomberg.  By early 2025, senior leaders inside the company were holding emergency-level discussions about the state of Apple’s AI efforts. What was […]

Trump Admin Announces $850MM To Modernize US Coal Capacity, Build 2 New Plants By Robert Walton of UtilityDive The Trump administration approved 76 coal-related permits in more than a year of efforts to revive the flagging fuel and execute an agenda of “energy dominance.” His latest attempt includes tapping Defense Production Act funding to expand the industry. “Last year we prevented 17 GW of coal-powered electricity from […]

A Lot More Than Just Rates Moving Markets By Peter Tchir of Academy Securities The plan this weekend was to write about the AI Revolution. It would have dovetailed well with recent pieces Buggy Whips and Horses and Being Forced to Understand UBI. We discussed this, Iran, and much more on Bloomberg TV (1:43:30 mark), where I did bring out the red rocket ship tie, in honor of the SpaceX IPO. But it is difficult to stick to the plan […]

‘I Could’ve Kept It That Way’: Trump Admits The Inflation Is His Choice – For A War That ‘Isn’t A War’ In a wide-ranging interview in which he touted record stock prices and rebranded weapons-grade uranium as “nuclear dust” (and then stormed out), President Donald Trump said the quiet part out loud: the prices Americans are paying at the pump are not an accident. This was all his decision. “I could’ve kept it that way,” Trump […]

Angry Pentagon Sources Leak Report Of Israel’s ‘Unhinged’ Spying On US Officials It’s no secret that Israeli spying and surveillance is pervasive, and it is often even directed at its most powerful ally and backer, the United States. But the phenomenon has escalated of late, outraging Washington intelligence officials. Behind the scenes of this alliance which mainstream media and pundits typically project as essentially […]

Former Musk Adviser Sriram Krishnan Leaving White House AI Role Authored by Tom Gantert via The Epoch Times, Senior White House policy adviser on artificial intelligence Sriram Krishnan, a former Twitter executive who advised Elon Musk during his acquisition of the social media platform, announced Saturday he will leave his role at the end of June. U.S. President Donald Trump hands a pen to Senior White House Policy Advisor on […]

New York Legislature Passes Data Center Moratorium Authored by Nicholas Zifcak via The Epoch Times, The New York state Legislature passed a one-year data center permit moratorium June 4 in the final days of the legislative session. If Gov. Kathy Hochul signs it into law, New York would be the first to enact a statewide moratorium. A data center in Tennessee. Courtesy of CleanSpark The legislation requires a pause on permitting […]

Bessent Examining Use Of Frozen Iranian Assets To Help Gulf Countries Rebuild Treasury Secretary Scott Bessent is reportedly pursuing a pathway to repurpose Iranian assets to compensate Amerca’s Gulf allies which have suffered significant damage due to Iran’s attacks in the wake of Trump’s Operation Epic Fury. Over eighty oil, gas, and vital infrastructure facilities across the Gulf have been hit – with most of the attacks having […]

Choose One: Housing Is Shelter, Or Housing Is Just Another Asset In A Bubble Economy Authored by Charles Hugh Smith via Of Two Minds, This will get massive pushback because it’s true: either Housing Is Shelter, or Housing Is Just Another Asset in a Bubble Economy – it can’t be both. This reality gets pushback because the conversion of housing from shelter into just another asset bubbling higher in a bubble-dependent economy has […]

Americans’ Average Monthly Mortgage Payment Tops $2000 For The First Time Ever Authored by Michael Snyder via The Economic Collapse blog, U.S. households are being financially squeezed at a level that we have never seen before. I have often said that we are in a long-term cost of living crisis that never seems to end, and that is not an exaggeration at all. Just about everything has been getting more expensive in recent years, and […]

US Intercepted Fresh Iranian Ballistic Missile Attacks Overnight As Tehran Blasts ‘Ceasefire Violations’ Summary Iran’s foreign ministry says US overnight action, especially bombing coastal radar facilities, is a violation of ceasfire. New nighttime salvo of missiles on Kuwait, Bahrain: Six ballistic missiles fired at Bahrain and Kuwait were intercepted, CENTCOM said. Overnight flare-up started with Iranian attack drones in […]

UK Cop Fired For Questioning Islam In ‘Safe Space’ Authored by Steve Watson via Modernity, A Christian police community support officer lost his career after asking a Muslim colleague about jihad and Hamas atrocities during a diversity session that promised open discussion. At the same time, training drilled “white privilege” into police ranks. Luke Salmons, a 46-year-old Christian father of two and respected PCSO with North […]

Short-Term Bitcoin Holders Are Realizing Their Largest Losses On Record; Most Oversold Since 2018 Collapse After this week’s bloodbath… Bitcoin is now flashing its most oversold signal since 2018, raising the odds of a relief rebound toward $70,000 in the coming weeks. The extremely oversold reading followed a roughly 30% decline in BTC over the past month, as geopolitical risks, higher oil prices, fading hopes for a 2026 […]