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[quote=Anonymous]The losses don't stop...stay positive!

[b]Tehran could withstand blockade for four months, CIA report shows, as fighting flares.[/b]
“A CIA assessment indicated that Iran would not ‌suffer severe economic pressure from a U.S. blockade of Iranian ports for about another four months, according to a U.S. official familiar with the matter, suggesting that U.S. leverage over Tehran remains limited as the two sides seek to end a conflict that has been unpopular with U.S. voters.”
https://apple.news/ARYu_S_SqQEeeH8GbkNAQUw

[b]Chevron CEO warns of oil shortages from Strait of Hormuz closure.[/b]
“Physical oil shortages are on the way, Chevron CEO Mike Wirth warned Monday — a consequence, he said, of the closure of the Strait of Hormuz, a chokepoint through which roughly a fifth of the world's crude oil usually moves.
During remarks at a Milken Institute event reported by Reuters, Wirth said the tightening of supply would force demand lower, with Asian economies among the first to feel the contraction. Wirth invoked the twin energy crises of the 1970s — episodes that brought rationing and pump-line gridlock to economies worldwide — as a historical parallel, calling the closure's potential impact "potentially as big as in the 1970s."
https://finance.yahoo.com/sectors/energy/articles/chevron-ceo-warns-oil-shortages-123446204.html

[b]Strait of Hormuz Crisis: Why Fertilizer Relief is Years Away for U.S. Farmers.[/b]
“As the Strait closure enters its tenth week, supply chain gridlock and policy hurdles suggest high input costs will persist through the 2027 planting season, according to Josh Linville, vice president of fertilizer with StoneX.”
https://www.agweb.com/news/business/strait-hormuz-crisis-why-fertilizer-relief-years-away-u-s-farmers

[b]Two-thirds say Trump hasn't made a case for Iran war, poll finds.[/b]
https://www.usatoday.com/story/news/politics/2026/05/11/trump-iran-war-approval-rating-reuters-poll/90033080007/

[b]Senate Republicans warn Trump against Cuba military attack.[/b]
“Senate Republicans are cautioning President Trump against ordering military strikes against the socialist regime in Cuba, arguing the U.S. military already has its hands full with Iran.
The Trump administration, these Republicans say, should not be thinking about opening another front for the military in a midterm election year where voters are already showing their displeasure with the war in Iran.”
https://thehill.com/homenews/senate/5873176-senate-republicans-caution-trump-cuba/

[b]A U.S. trade court on Thursday ruled that President Trump's latest round of global 10% tariffs are invalid.[/b]
“In a 2-1 decision, a panel of judges in the U.S. Court of International Trade sided with 24 states and a small group of businesses who filed a lawsuit in March challenging the legality of the Trump administration's tax on most imports.”
https://apple.news/AVjMLtw5NTQ2Wyi9ethvvWA

[b]Survivors testify at shadow hearing on Jeffrey Epstein case in West Palm Beach.[/b]
“The hearing, described as an unofficial congressional hearing held by the minority party without subpoena power, was voluntary and emotional.”
https://www.wpbf.com/article/epstein-hearing-palm-beach-survivors-testify/71283060

[b]Trump administration axes fast-track training for new ICE recruits.[/b]
“The Department of Homeland Security is overhauling its training program for immigration agents, including restoring training that had been shortened amid a rush to put agents on the street.”
https://apple.news/A3fFmGFj9TxeO-eIXHfN27A

[b]US judge rules humanities grant terminations by DOGE were unlawful, discriminatory.[/b]
“A federal judge ruled on Thursday that the terminations of hundreds of humanities grants last year by the Trump administration's so-called Department of ‌Government Efficiency were unconstitutional, and involved "blatant" discrimination.
In April last year, President Donald Trump's administration terminated more than 1,400 grants, representing over $100 million in congressionally appropriated funds awarded to scholars, writers, research institutions and other humanities organizations.”
https://www.reuters.com/legal/government/us-judge-rules-humanities-grant-terminations-by-doge-were-unlawful-2026-05-08/

[b]Marty Makary resigns as FDA commissioner following industry and White House backlash.[/b]
“Makary’s tenure was marked by internal dysfunction at the FDA, leadership turmoil and mounting backlash from drugmakers, physicians and patient groups on regulatory decisions.”
https://www.cnbc.com/2026/05/12/trump-fda-commissioner-marty-makary-out.html

[b]Supporters gather at Government Plaza as recall petition targets Gov. Jeff Landry.[/b]
“People gathered at Government Plaza in downtown Shreveport today, May 11, in response to the recall petition against Louisiana Governor Jeff Landry that began on May 4. According to Ballotpedia:The petition is an effort to criticize Jeff Landry for actions and statements that undermine fair representation, neglect community needs, and prioritize punishment over meaningful solutions for Louisiana communities.”
https://www.ksla.com/2026/05/11/supporters-gather-government-plaza-recall-petition-targets-gov-jeff-landry/

[b]Trump Administration Sued Over Reflecting Pool Paint Job.[/b]
“The Cultural Landscape Foundation, a DC nonprofit that focuses on landscape advocacy and education, filed a lawsuit against the Department of Interior today regarding the repainting of the Lincoln Memorial Reflecting Pool. The organization is hoping for a temporary restraining order or preliminary injunction to halt ongoing work to coat the pool’s surface “American Flag Blue” ahead of the nation’s Semiquincentennial on July 4—a deadline that already seems a little tight for such an intensive project.”
https://washingtonian.com/2026/05/11/trump-administration-sued-over-reflecting-pool-paint-job/

[b]The U.S. debt now exceeds the country's GDP for the first time since WWII. [/b]
https://www.cbsnews.com/amp/news/us-debt-exceeds-gdp-first-time-since-wwii/

[b]Inflation hits 3.8%, outpacing wage growth for the first time since 2023.[/b]
“Increased energy costs are “accounting for over forty percent of the monthly all items increase,” said the Bureau of Labor Statistics.”
https://www.nbcnews.com/business/economy/april-inflation-data-iran-war-rcna344586

[b]April home sales disappoint as higher mortgage rates weigh on buyers.[/b]
““We really need to see 30% growth in inventory, but we are not seeing that,” Yun said. “Multiple offers, though not as intense as a few years ago, are still occurring. At the same time, days on market are lengthening on average, implying that consumers are taking their time before making decisions.”
That pushed prices higher. The median price of a home sold in April was $417,700, up 0.9% from the year before. That is the highest price NAR has recorded for April.”
https://www.cnbc.com/2026/05/11/april-home-sales-disappoint-higher-mortgage-rates.html

[b]Donald Trump’s Approval Rating on Economy Sinks Across Three New Polls.[/b]
“President Donald Trump’s approval on the U.S. economy fell sharply in multiple national polls conducted in early May, reflecting widespread dissatisfaction with rising costs and economic conditions.
Major national polls from CNN/SSRS, Reuters/Ipsos and YouGov/Economist pointed to a similar pattern of weakening support, with net approval ratings ranging from minus-24 to minus-40.”
https://www.newsweek.com/donald-trump-approval-rating-economy-sinks-polls-11941760

[b]Social Security Recipients Say Tariffs Will Outpace COLA Increase—Poll.[/b]
“The poll, conducted by the Nationwide Retirement Institute, found that 66 percent of current Social Security recipients believe tariffs will drive inflation beyond what the program’s yearly COLA can offset.”
https://www.newsweek.com/social-security-recipients-say-tariffs-will-outpace-cola-increase-poll-11931036

[b]AI isn’t paying off in the way companies think. Layoffs driven by automation are failing to generate returns, study finds.[/b]
“Instead, the study found companies with the highest gains were those using AI as a form of “people amplification,” implementing the technology to make workers more productive rather than outright replacing them.“
https://apple.news/AhkKEaBiTQIqVB3OnJ8R_Yg

[b]Utah residents are protesting a massive AI data center project backed by Kevin O’Leary.[/b]
“A group of Box Elder voters this week applied to add a referendum to the local ballot in November to overturn the county commission's approval of the project, County Clerk Marla Young confirmed to CNN. The application, earlier reported by the Salt Lake Tribune, is now undergoing legal review and would need more than 5,000 signatures for the referendum to appear on the ballot.
Similar protests are occurring around the country, with some communities seeking to ban data centers. Developers are now scrambling to address those public concerns, fearing that a slowdown in progress could dent America's competitiveness in AI.”
https://www.wbaltv.com/article/utah-residents-protesting-ai-data-center-kevin-oleary/71258120

[b]Georgians outraged after data center drains 30M gallons of water amid drought conditions: report.[/b]
“Residents of a suburban Georgia town are furious after they discovered a massive new data center had guzzled up 30 million gallons of water without initially paying for it – leaving members of the populace with weak water pressure during a drought.
Georgians living in Annelise Park, a mansion-packed neighborhood in Fayetteville, which has a roughly 20,000 population, noticed last year that their water pressure was unusually weak, according to a Politico report.
A county investigation found a nearby 6.6 million-square-foot data center project by Quality Technology Services, a Blackstone-owned developer, was to blame, according to the publication.”
https://www.aol.com/articles/georgians-outraged-data-center-drains-172444228.html

[b]TACO Time: House Republicans introduce bill to extend renewables tax credits.[/b]
“The American Energy Dominance Act would remove the accelerated deadlines that the One Big Beautiful Bill Act placed on the renewable energy 45Y production tax credit and 48E investment tax credit.”
https://www.utilitydive.com/news/republican-introduce-bill-renewable-tax-credits/818536/

[b]Spirit Airlines lawyer says jet fuel price surge left carrier with 'no remaining way out' of bankruptcy.[/b]
“Creditor objections killed a proposed $500M Trump administration bailout, the airline's lawyer told bankruptcy court.”
https://www.foxbusiness.com/markets/spirit-airlines-lawyer-says-iran-war-fuel-price-surge-left-carrier-no-remaining-way-out-bankruptcy.amp

[b]When Spirit folded, this tiny airport in Pennsylvania suddenly had zero flights.[/b]
“A week into his new job, the airport’s executive director may have to lay off co-workers he has known for years as he scrambles to find a replacement airline.”
https://apple.news/AtOvCwsbvSd-NjqH_Hf7Hkw

[b]Virginia asks Supreme Court to restore Democrats’ congressional map. [/b]
https://thehill.com/regulation/court-battles/5873036-virginia-democrats-supreme-court-appeal-redistricting/

[b]and…also considers dropping Supreme Court retirement age from 73 to 54.[/b]
“Democratic lawmakers discussed lowering the mandatory retirement age for Virginia Supreme Court justices after last week’s ruling striking down Virginia’s congressional redistricting amendment.
The discussions reached U.S. House Minority Leader Hakeem Jeffries, D-N.Y., during a private Saturday call involving members of Virginia’s congressional delegation, according to reporting by The New York Times.
The proposal involved lowering the mandatory retirement age for Virginia Supreme Court justices from 73 to 54. All seven today are older than 54.”

[b]Hawaii Legislature passes first-in-nation bill targeting Citizens United ruling.[/b]
“nvoking America’s Founding Fathers, the overthrow of the Hawaiian Kingdom and the outsized influence of the sugar industry over island politics, Hawaii lawmakers on Friday passed a first-in-the-nation bill to strip corporations of the power to spend money in state elections.
The bill takes aim at the U.S. Supreme Court’s 2010 Citizens United v. Federal Election Commission ruling, which allowed corporations to spend unlimited amounts of money in elections. Lawmakers, drawing from a legal theory developed by the Center for American Progress, argued that because states create corporations and grant them their powers, Hawaii could simply decline to grant corporations the power to spend in elections.
The Democrat-dominated Hawaii Legislature voted 24-0 in the Senate and 50-1 in the House to send Senate Bill 2471 to Governor Josh Green’s desk. If signed into law, it would take effect July 1, 2027.”
https://www.courthousenews.com/hawaii-legislature-passes-first-in-nation-bill-targeting-citizens-united-ruling/

[b]Ben Shapiro's Slide: The Daily Wire's $200M Revenue Crisis.[/b]
“The sudden, precipitous decline of Ben Shapiro’s Daily Wire—with its sweeping layoffs and a steep drop-off in audience—has actually been a long time coming. And while it’s easy to point to MAGA’s shift away from Israel, its co-C.E.O.’s dream of producing an Arthurian fantasy series isn’t helping either.”
https://puck.news/ben-shapiros-slide-the-daily-wires-200m-revenue-crisis/

[b]LOL: Stephen Miller in retreat—The once-powerful aide’s influence has quietly diminished.[/b]
“But the second year of Trump’s second term is being directed by a new immigration-enforcement team. The new secretary of homeland security, former Senator Markwayne Mullin of Oklahoma, took over in late March with a mandate to get back to basics. Leaders of the department who had been sidelined by Noem, such as Customs and Border Protection Commissioner Rodney Scott, suddenly found themselves empowered. Employees she had pushed out, such as former Deputy Secretary Troy Edgar and the CBP official Matt Eagan, were welcomed back. Andrew Block, a close ally of Miller who served as CBP’s chief counsel, was shown the door, according to two people briefed on the change. (Block did not respond to a request for comment.)”
https://apple.news/Aa3cm2f0hTmmkXmBmKto4Kg

[b]LOL: Trump vents over Secret Service removing ‘little boy’ JD Vance from DC dinner shooting faster than him.[/b]
“I saw them take JD by the shoulders and lift him up like he was a little boy,” the 79-year-old president continued. “I said ‘how come they didn’t lift me up so fast?’ They lifted JD — got ripped out of the chair. That was a view of the week, but they did the job, JD, right? I think so.”
https://www.independent.co.uk/news/world/americas/us-politics/trump-vance-shooting-little-boy-b2974975.html

[b]Fact checking Dementia Don: Trump denied he made this remark about Iran. He made it on camera one day earlier. “On Saturday, President Donald Trump told reporters that he was “looking at” a new Iranian peace proposal. Then a reporter reminded Trump that he had said the previous night that the US might be better off not making a deal with Iran.[/b]
“Well, I wouldn’t have to. I didn’t say that,” Trump responded. “I said that if we left right now, it would take them 20 years to rebuild. But we’re not leaving right now. We’re gonna do it so nobody has to go back in two years or five years.”
In reality, Trump did say — on camera — what the reporter told him he said. His denial was yet another case in which the president wrongly asserted he hadn’t said something he had said in a public forum.”
https://www.cnn.com/2026/05/03/politics/trump-iran-comment-fact-check

[b]Three dozen medical experts say Trump ‘mentally unfit,’ should be removed from office with ‘greatest urgency’[/b]
The 36 neurologists, psychiatrists and other mental health professionals said in the letter that they had seen “objectively observable” signs of serious medical concerns in Trump, including deterioration of cognitive function, grandiose and delusional beliefs, and severely impaired judgment and impulse control.
“Emphasizing that he presents a clear and present danger to our country and to the world,” the letter concludes, “it is our expert opinion that Donald J. Trump is mentally unfit to be the President of the United States, and that steps to remove him from office must be undertaken with the greatest urgency, with vital responsibilities on the shoulders of those in positions of leadership.”
https://www.oregonlive.com/nation/2026/05/three-dozen-medical-experts-say-trump-mentally-unfit-should-be-removed-from-office-with-greatest-urgency.html

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