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Looting Breaks Out In LA, NYC As Trump Threatens To Call In “1000s Of Heavily-Armed Soldiers”

Looting Breaks Out In LA, NYC As Trump Threatens To Call In “1000s Of Heavily-Armed Soldiers” Tyler Durden Mon, 06/01/2020 – 21:28 Protest/Riot/Looting Feed here: Summary Trump threatens to mobilize US troops if Governors do not get control Curfews enacted across all major cities Protests/Riots spreading to suburbs Looting has begun in LA/NYC *  *  * Update (2130ET): Looting has begun in NYC and LA as curfew nears and protests/looting has spread to the suburbs around the nation. High-end stores like Bloomingdales, Gucci, Nike Soho, Chanel, Tory Burch, Kate Spade were all vandalized. Best Buy in Union Square and several drug stores were also hit. Chaos already by Union Square. Looters pouring in and out of boarded up Zumiez apparel store. Nearby, people are jamming sneakers and clothes into their backpacks. It’s like a shopping spree. #nyc #looting — Shayna Jacobs (@shaynajacobs) June 2, 2020 It appears Nike’s virtue-signaling ad failed to stop their store getting looted… FIFTH AVE NIKE STORE LOOTED. — The_Real_Fly (@The_Real_Fly) June 2, 2020 New York’s luxury shopping area is all boarded up… #BREAKING: dystopian scene in heart of boarded up luxury retail district on #MadisonAvenue. Dozens of cops see what they believe to be looting suspects walking around and riding on scooters, but haven’t done anything yet. So cops showing force everywhere to prevent it. #abc7ny — Josh Einiger (@JoshEiniger7) June...

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Auto Sales Plunge 33% In May, Set For Worst Year Since 2009

Auto Sales Plunge 33% In May, Set For Worst Year Since 2009 Tyler Durden Mon, 06/01/2020 – 21:10 US auto sales are expected to continue their historic plunge in May, further pressuring an industry that is on the brink of all out collapse due to the pandemic lockdowns, plunging used car prices and suffering from a pre-virus recessionary environment. Sales figures for May are expected to fall 33% to just 1.05 million units, according to Cox Automotive and CNBC. Even worse, data from Bank of America indicates that demand for new vehicles could be dropping off a cliff at the same time the industry is getting ready to ramp up production again.  The numbers show a sequential improvement from April, but still offer an ominous outlook for the auto industry heading into the second half of 2020. Cox Automotive estimates the pace for U.S. car sales to be about 11.4 million units sold by the end of the year, which would make 2020 the worst year for car sales since 2009. These numbers compare to 17.4 million cars sold in 2019.  And it may not be because drivers are staying home anymore. Bank of America data from gas stations shows that drivers are back on the road again. “We estimate that gas consumption (in gallons) was still down about 30% YoY in April, but improved to -14% for the week ending...

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“To Whom Will We Entrust The Truth Now That It No Longer Exists?”

“To Whom Will We Entrust The Truth Now That It No Longer Exists?” Tyler Durden Mon, 06/01/2020 – 21:03 Authored by Eric Peters, CIO of One River Asset Management “Protests are being manipulated by domestic terrorists and international forces trying to destabilize the nation,” declared Minnesota Governor Waltz, calling out the National Guard. George Floyd’s video raced through social media, and for an instant, America mourned in collective outrage. But no sooner had protests begun, then violence started. Waltz said white supremacists and drug cartels were responsible. Many believe that’s true. Trump tweeted, “It’s Antifa and the Radical Left.” Others believe that’s true. Some believe both. A few believe none of it. There are as many truths today as there are tribes. “Everything we do is focused on creating an environment in which people will have their best chance to keep their job or maybe get a new one,” explained Jerome Powell. “Fed policies absolutely don’t add to inequality,” continued the Chairman. And some think that’s true. Many others believe the opposite. And each tribe finds ample supporting studies to support their respective realities, while unemployment claims surpassed 40mm (1-in-4 workers) and the S&P 500 completed a 36% rally from the lows. “Mr. President don’t hide behind the Secret Service. Go talk to demonstrators seriously. Negotiate with them, just like you urged Beijing to talk to Hong Kong rioters,”...

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What ‘Academic’ Antifa Wants

What ‘Academic’ Antifa Wants Tyler Durden Mon, 06/01/2020 – 20:50 Update (2000ET): Right on cue, as Andy Ngo reports below, the mainstream media joins the #DefendAntifa narrative against Trump’s orders with an op-ed in The Washington Post from none other than Mark Bray: On cue, @washingtonpost published a column by #antifa academic Mark Bray to give the perspective (propaganda). Bray used to teach at Dartmouth, whose president repudiated him for advocating political violence. Proceeds from Bray’s antifa handbook were donated to an antifa fund. — Andy Ngô (@MrAndyNgo) June 1, 2020 *  *  * Authored by Alexander Riley via Campus Reform, In a fully sane culture, the category ‘Antifa professor’ would be a contradiction in terms. The calling of the college professor entails a deep commitment to the power of facts and arguments to change minds. Antifa, on the other hand, is a loose collection of half-educated malcontents who entirely reject the logic of intellectual debate. They aim not to change the minds but rather to crush the skulls of those with whom they disagree, in the manner of sociopathic criminals throughout human history.  Yet contemporary American higher education has produced a number of ‘Antifa professors’ who are currently holders of academic positions. They are engaged in the paradoxical business of making what they purport is an intellectual case for a thuggishly anti-intellectual movement. They include such figures...

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Watch: Hundreds Of Handcuffed Perps Lined Up Outside NYC Bookings

Watch: Hundreds Of Handcuffed Perps Lined Up Outside NYC Bookings Tyler Durden Mon, 06/01/2020 – 20:30 As Andrew Cuomo delivers his first daily update on the coronavirus situation in his state following the riots we saw across the nation over the weekend, videos of the processing line outside a police precinct in Manhattan on Monday morning show just how many people were arrested in NYC alone, during a weekend where – according to the AP – more than 4,000 were arrested around the country on charges stemming from unlawful assembly to murder. Police are likely still arresting individuals based on surveillance footage and other next-level surveillance techniques that the NYPD can bring to bear when it wants to arrest a given subject. Additionally, many of the thousands who were arrested across NYC over the The morning after NYPD “Central Booking”. — NYC Scanner (@NYScanner) June 1, 2020 The Twitter account belonging to one of the NYPD’s most powerful unions, the SBA, released an internal arrest report for Mayor de Blasio’s daughter, Chiara, who was booked for “unlawful assembly” and “object throwing” – though only the first charge was initially released to the media. The account slammed the mayor for his decision to not allow cops to use “mounted units” and other tactics, according to TPM. But as media pundits continue to spin a narrative where all the unrest...

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