"I think myself that we have more machinery of government than is necessary, too many parasites living on the labor of the industrious. Government big enough to supply everything you need is big enough to take everything you have ... The course of history shows that as a government grows, liberty decreases. The two enemies of the people are criminals and government, so let us tie the second down with the chains of the constitution so the second will not become the legalized version of the first." -- Thomas Jefferson

 

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Group of Seven leaders will begin a summit in Italy this Thursday and are expected to announce a plan to set up a fund for Ukraine using interest generated by frozen Russian assets, Nikkei Asia reported

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A pro-Palestinian protest at UCLA Monday night ended with police making dozens of arrests and ordering demonstrators who were cited to not return campus for at least two weeks, officials said.

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Consumer credit increased by +$6.403 billion in April, much softer than consensus estimate of +$10 billion … more notable, however, was March data, given initial read of +$6.274 billion was revised down to -$1.099 billion.
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