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May 1, 2026
This May Day, a critical labor analysis requires us to think about debt. Household bills like medical, credit card, rent and student loans help bosses. Debt disciplines workers as docile while debt-free workers have increased leverage. Debt relief is wage increase from the back.
The average American is now carrying $6,715 in credit card debt.
“Credit card debt in the U.S. was $1.28 trillion at the end of Q4 2025, according to the most recent data available from the Fed.”
Factor in the national debt and the average American has about $114k in debt, but don’t worry, that ‘beautiful’ ballroom will fix everything.
TERM LIMITS
The average price of a gallon of gas in California has officially crossed the $6-gallon mark, according to new data from a AAA fuel prices report Thursday. It represents a nearly $1.37 increase since the first bombing in Iran at the end of February.
LATEST: ClawBank said its Manfred AI agent has autonomously formed its own corporation in the U.S., obtaining an IRS Employer Identification Number, an FDIC-insured bank account and a crypto wallet.
BILLIONAIRES
MacKenzie Scott divorced Jeff Bezos and got $36 billion in the divorce.
She has donated $26 billion to charity since then. She’s now worth $42 billion, six billion MORE than when she started TAX THE BILLIONAIRES.
THEY’LL BE FINE.
REPUBLICAN THUGGERY
Epstein owned Little St. James for 26 years.
Local workers called it ‘Pedophile Island’ by 2001.
U.S. Customs flagged the property for suspicious activity in 2008.
Nothing was done until 2019.
BREAKING NEWS REPUBLICAN TEXAS MAYOR ARRESTED
FOR TRAFFICKING MILLIONS IN COCAINE AFTER CAMPAIGNING HARD ON BORDER SECURITY
Mark Zuckerberg is basically the Steve Jobs of surveillance. Meta employees need to leave, though honestly, I’m not sure where they would go. This is going to become normal soon. Meta employees found out this week they’re being made to train AI on their keystrokes and mouse movements. Same company cutting 20% of staff this year. Boy kings grow up to be tyrants.
8647
Reports are surfacing that the Trump DOJ has indicted former FBI Director James Comey over his social media post featuring seashells forming the number “8647.”
The term “86” is common restaurant and colloquial slang meaning to eject, cancel, or get rid of something—as in, “Let’s 86 that idea” or “We need to 86 the salmon from the menu.”
James Comey apparently gets indicted for laying out some seashells saying 8647 and then apologizing and deleting the image.
Republicans spent years posting “8646.”
They printed it on shirts.
They fundraised on it.
Zero indictments.
Foreign contributions to political campaigns are banned. Trump found a loophole—crypto—allowing him to rake in hundreds of millions from foreign regimes buying influence.
Elon Musk was paid $158 billion by Tesla last year.
That is double the entire budget of the U.S. Department of Education.
WHAT Torvalds Said About Musk
DEMOCRATS DELIVER
They’re scared of AOC because these billionaires don’t want regular Americans who put themselves through college to become politicians. AOC doesn’t accept corporate PAC money, or AIPAC money.
Linda McMahon thought she could gut the Department of Education through “paperwork” without the public noticing. She was wrong. The secret plan is out:
Public universities are now tuition free for low and middle income families in Minnesota. Simpler explanation is university education is much more expensive than 50 years ago, and parents and children fear humanistic study is an indulgence they cannot afforD, there has been a real toll on those areas that do not yield tangible, short-term economic returns.
Mayor Zohran Mamdani’s first 100 days: 100,000 potholes filled, first pied-à-terre tax passed, record-low murders, $1.8M recovered for workers — against a $12 billion deficit. A governor who said no for three straight months. Zohran Mamdani’s first 100 days as mayor. Infrastructure: A+ Childcare: B+ Housing: B+ Public Safety: A- Worker Protection: A Equity & Transparency: B+ Budget: Trending Up The numbers are public. The grades are sourced.
Graham Platner for Senate @grahamformaine
Susan Collins is on the side of the billionaire class.
I’m on the side of the rest of us who built this country.
Graham Platner on Iran: “This is a war that has been started because Donald Trump is in the Epstein Files and he doesn’t want us reading them. This war has been started because Benjamin Netanyahu has been begging for it for 30 years and finally found a president who is stupid enough to do it”
MAHA pressure just killed a provision in the Farm Bill shielding pesticides. Democrat @chelliepingree tells me why she joined the bipartisan effort. @thehill @NewsNation
Congresswoman Chellie Pingree Earlier this year, I successfully fought to strip similar language from the FY2026 Appropriations Interior funding bill.
Unfortunately, our win did not deter Bayer, who – armed with 53 lobbyists and millions of dollars – immediately got to work to get their “get out of jail free” card elsewhere: the Farm Bill (and the Supreme Court).
Well, we fought back again and WE WON.
This movement is proof that if we truly want to Make America Healthy Again, we have to and we must work across party lines to make it happen.
@chelliepingree WE DID IT 👏🏻
The @RepLuna Amendment passed and we successfully got the industry-written pesticide liability language OUT of the FARM BILL.
I’ll be clear: this is still a terrible bill. But counting the wins where we can.
BITCOIN – $78,510 Friday 2PM EST May 1st 2026
XXI CEO Jack Mallers just announced plans to build a #Bitcoin conglomerate.
$XX is acquiring Strike for financial services, Elektron for mining, securitizing cash flows in capital markets, and pursuing M&A of BTC companies
“We don’t just buy Bitcoin. We produce it.
Tether buys 63 additional #Bitcoin since its Q1 attestation and now holds 97,204 BTC.
That’s more BTC than every public treasury except for Strategy.
Strategy’s Michael Saylor just said, “The idea of digital credit is to give a bank account to a billion people that pays them 10% without volatility.”
“We’ve invested $60 billion in a crypto reactor to create $10-20 billion a year high yield bank account backed by #Bitcoin that will grow 30-50% a year.”
“What I would recommend to my friends and family is $STRC.”
BILLIONAIRE MICHAEL SAYLOR JUST SAID HIS GOAL IS TO “ACQUIRE AS MUCH #BITCOIN AS POSSIBLE”
“WE EXPECT BTC TO GO UP FOREVER.”
OTHERS ARE PANICKING AND SELLING
HE IS ENDING THE BEAR MARKET PERSONALLY
FOOD
While MAHA activists are celebrating a big win by getting the liability shield stripped, other parts of the government are doing everything possible to ensure American food, even organic, is some of the worst in the world: Trump/Rollins Administration Illegally Guts Organic Oversight at the USDA
Our food is growing less nutritious. Many of humanity’s most important crops — including wheat, potatoes, beans — contain fewer vitamins and minerals than they did a generation ago.
The culprit behind this damaging phenomenon? Carbon dioxide pollution.
REPUBLICAN THUGGERY
Reminder: When the Panama Papers came out it revealed all the rich people in the world are part of an enormous criminal conspiracy to dodge taxes and hoard stolen wealth in offshore accounts and literally nothing happened except a reporter working on the story was assassinated.
Ken Paxton gave a plea deal to lawyer Adam Hoffman, his friend, for raping a boy (his son’s friend) over three years starting in third grade. Instead of a felony and sex offender registration, Hoffman gets only 30 days in prison and no registration.
JUST IN: Nearly half of the U.S. data centers planned for 2026 are reportedly expected to be delayed or canceled.
The Trump administration gave a Vatican envoy “a bitter lecture warning that the United States has the military power to do whatever it wants—and that the Church had better take its side,” per the Atlantic
Amy Siskind @Amy_Siskind
I guess this was the plan all along: have ACA collapse on itself because Americans can’t afford to pay the premiums without federal assistance. Tens of millions will end up without healthcare.
I gifted this so you can read it.
Mark Zuckerberg says he’ll pull his apps out of New Mexico if the state forces Meta to make them less addictive. GREAT!!! PULL ‘EM OUT NOW !!!!!
Infowars is shutting down.
The platform built by Alex Jones was once one of the most influential engines of online conspiracy media. Infowars has finally collapsed under legal and financial pressure.
The twist: The Onion moved in during the collapse.
That alone tells you how far the platform had fallen—from dominant alternative media force to acquisition target in a liquidation cycle.
Infowars is gone.
But the model that built it (and the method that ended it) are both still here.
That’s the real story.
The FBI seized Epstein’s safe from his Manhattan townhouse in July 2019.
Contents listed in the warrant: CDs labeled with names, hard drives, diamonds, cash.
They’ve never released the names on those CDs.
The Virgin Islands sued JPMorgan for enabling Epstein’s trafficking. Bank of America, Citigroup, and Deutsche Bank all had similar relationships with him. Only JPMorgan got sued. They settled for $290M.
John Marck refused to answer Senator @ChrisCoons’s question of whether President Trump is eligible to run for president in 2028.
This isn’t a trick question – it’s in the Constitution. If you can’t say a president can’t serve a third term, you shouldn’t be a federal judge.
New York Times just dropped: Jeffrey Epstein’s possible suicide note was discovered July 23, 2019 — the SAME NIGHT he was found injured in his cell with orange cloth around his neck, 18 days before he “died by suicide.”
An inmate found it. Sealed. Buried. While Trump was president.
The same Trump DOJ under William Barr that shredded jail documents days after Epstein’s death. The same administration that “lost” surveillance footage. The same AG who called it “appalling” then did nothing.
Now Trump’s DOJ under Pam Bondi admits they modified prison video metadata. They “lost” a minute of footage every night. An orange figure spotted on the stairs toward Epstein’s tier at 10:39PM — authorities previously SWORE no one entered.
Trump’s own DOJ released a letter where Epstein wrote “our president shares our love of young, nubile girls.” They called it “unfounded” — but released it anyway.
This isn’t a conspiracy. It’s a cover-up in real time.
LOCK HIM UP
Ryan Grim just exposed a stunning conflict of interest. Brad Parscale, the chief strategy officer at Salem Media, is a registered foreign agent for the Israeli Ministry of Foreign Affairs.
30% of Salem Media is owned by Donald Trump Jr. and Eric Trump.
An American media company’s top strategist is on the payroll of a foreign government. And the company is partially owned by the family of the US president.
Justin Sun accuses the Trump family’s World Liberty Financial of ‘Criminal Extortion’ An awkward detail (that I’m not sure has been reported) is in 2025 Tron Inc majority owned by Sun’s father signed a lease agreement for 2,791 sq feet in Trump Tower NYC
ESSAY
@0xSweep https://x.com/0xSweep/status/2050223452926439738
A 17 year old built crypto’s first margin exchange in 4 days, lost $11 BILLION worth of Bitcoin and disappeared
His name was Zhou Tong
In 2010 he was a 16 year old Chinese teenager in Singapore who bought his first Bitcoin for $10
By 2011 he had taught himself to code and decided every existing exchange sucked
So he built his own in FOUR DAYS
He called it Bitcoinica. It wasn’t just another exchange at the time… It was the first crypto margin trading platform in history
Users could bet up to 50 BTC instantly on the price of Bitcoin going up or down
Back then long, short or leverage never existed in crypto until this kid built it
The platform exploded and within months Bitcoinica was doing $40 MILLION per month in volume, second only to Mt. Gox
Zhou personally cleared 2,000 BTC in his first two weeks. Worth $215 MILLION today
Then he had to take school exams
Running the second largest crypto exchange in the world didn’t fit with finals. So he sold the platform to a company called Wendon Group in late 2011
Wendon went all in. They brought in legendary developer Amir Taaki for security. They spent $1 MILLION buying the domain Bitcoin com to give it credibility
They got hacked 4 months later
In March 2012 the hot wallet was drained of 43,554 BTC. The hackers reset passwords on the exchange’s hosting provider Linode and walked in
No multisig existed yet. If you had the password, you had the keys
Two months later they got hit again for 18,000 BTC
In July they got hit a THIRD time for another 40,000 BTC plus $40,000 in cash
Total: 101,554 BTC gone. Over $11 BILLION at today’s prices evaporated from the second largest crypto exchange in the world in a single year
Roger Ver alone lost 24,000 BTC
Then it got weirder
On chain investigators tracked the stolen funds moving through Mt. Gox accounts
They observed coordination between Bitcoinica wallets and Mt. Gox mixing the trail
80 BTC was sent to a wallet belonging to Theymos Michael Marquardt, moderator of Bitcointalk the most influential forum in crypto
The “recovery effort” funds were moving through the same hands that controlled crypto’s main information venues
Theymos was later subpoenaed during the Silk Road and Mt. Gox investigations. The full picture was never resolved
Zhou Tong’s last public move was buying ONE Casascius coin
Casascius coins were physical gold coins minted in 2011, each containing a real Bitcoin private key embedded under a tamper proof hologram
Zhou bought one of THREE remaining 1,000 BTC ultra rare versions for 1,000 BTC
That single coin is worth over $100 MILLION today
Then he disappeared
For years the community speculated whether he was complicit, whether his partners stole the funds, whether he knew the whole time
He hinted at “dishonest partners and employees” in his final Bitcointalk post and never elaborated
All from a kid who couldn’t keep running it because he had finals
“Zhao Tonged” became slang in crypto for getting wiped out by an exchange you trusted
A teenager in Singapore built the future of crypto trading in 4 days, lost the equivalent of a small country’s GDP, walked away with the rarest single item in Bitcoin history, and was never heard from again
The first margin exchange. The first mega hack. The first OG to vanish without a trace
All from a kid who couldn’t keep running it because he had finals
ESSAY
China just ruled that firing workers to replace them with AI is illegal.
Here’s what actually happened.
A tech company in Hangzhou fired a worker after replacing his role with automation.
They offered him a reassignment at a 40% pay cut.
He refused, they terminated him.
Court ruled: ILLEGAL.
The companies’ legal argument was that AI adoption counts as a “major change in objective circumstances” under Chinese labor law, which allows dismissal.
Courts in Hangzhou and Beijing both rejected it.
AI adoption is a voluntary business decision. The cost of that decision cannot be transferred to the employee.
Before any AI-driven termination, companies must now offer retraining first, then reassignment at fair pay.
Only after both fail can they terminate, and only with full compensation.
The US has no equivalent ruling. No federal protection, no precedent.
170,000 American workers were laid off citing AI this year alone.
Not one of those dismissals triggered a legal challenge that stuck.
China is deploying AI faster than almost any country on earth. They’re not slowing it down.
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