The High Man In The Castle

Your Tax Dollars At Work: 20 Port Authority Workers, 17 Cops, Make Over $400,000 Apparently, one of the best ways to make $400,000 a year in the New York area is to work for the Port Authority, according to the NY Post. Twenty Port Authority employees, including 17 cops, cleared $400,000 in total compensation last year as the agency's payroll sailed past $1.2 billion. And much of the magic came from everyone's favorite government money fountain: overtime. According to payroll data obtained by the Empire Center for Public Policy, 323 employees collected...

Ukraine Corruption Scandal Deepens: 'Operation Forrest Gump' Shocks Zelensky Government With More Searches Authored by Remix News Staff via Remix News, Ukrainian anti-corruption services launched searches under codename "Operation Forrest Gump," targeting, among others, the deputy head of the Office of the President of Ukraine Volodymyr Zelensky. The move expands the ongoing anti-corruption investigation which has seen a number of top officials in Zelensky's cabinet flee to Israel shortly before police could raid their homes. The National Anti-Corruption Bureau of Ukraine (NABU) and the Special Anti-Corruption Prosecutor's Office (SAPO) announced they were...

A Perfect Storm - Where Are The Umbrellas? By Michael Every of Rabobank As the Wall Street Journal puts it today, ‘A perfect storm is raging in the bond market’ as US 10-year yields are at 5.11% vs. 4.93% at yesterday’s close, the largest one-day rise since 2025’s “liberation day”; Canada’s are at 3.95% vs. 3.83%; the UK’s 5.35% vs. 5.20%; Australia’s 5.38% vs. 5.25%; Germany’s 3.55% vs. 3.46%; France’s 4.66% vs. 4.50%, and Japan’s 3.05% vs. 2.98%. You can blame some of that on yesterday’s data, where the Eurozone services PMI...