Today’s News 13th January 2025

  • Tulsi Gabbard Now Supports FISA-702 In Order To Get Confirmed As Director Of National Intelligence
    Tulsi Gabbard Now Supports FISA-702 In Order To Get Confirmed As Director Of National Intelligence

    Authored by Sundance via The Conservative Treehouse,

    As the story is told [SEE HERE], and it aligns with every scintilla of researched data on the darkest and deepest elements of the Deep State, DNI nominee Tulsi Gabbard has reversed her position and will now support FISA-702, the warrantless searches of American communication and electronic metadata.

    Apparently the FISA process and the 702 aspect (specific to American citizens) is the line in the sand the Senate Select Intelligence Committee has drawn.  If Tulsi Gabbard does not support it, her confirmation is in doubt.  As a result, she has reportedly reversed her position and now supports it.

    This is absolutely par for the course.

    It should be remembered, in the last reauthorization of FISA-702 congress exempted themselves from the warrantless search and surveillance system used by the U.S. Intelligence Apparatus.  Congress forbids the FBI or any entity with access to the NSA database, from being allowed to use the process to search themselves or their staff.  However, every other American does not enjoy this same protection.

    After spending years asking every representative of consequence why they support the FISA-702 process, I can tell you every one of them says they believe it is needed because the IC tells them there are just too many domestic terror threats that need to be monitored.

    It is impossible to find a person in DC who will forcefully try to stop FISA-702 reauthorization.

    If you ask me why in hindsight, I now take the position that FISA-702 is the gateway to the massive surveillance system currently being put into place using Real ID and the AI facial recognition software provided by Palantir (CIA exploit).  In essence, the gateway that allows the full-scale surveillance state, is opened by the prior authorization of FISA-702 that negates any 4th amendment protection.

    Why? Because all of the surveillance mechanisms within the network being updated and enhanced by AI search and capture, comes from the IC being allowed to exploit the NSA database.  That same database access allowance is the targeting mechanism for FISA-702.  If warrantless searches of the NSA database were stopped, the Palantir/IC and Tech Bro collaboration could hit a brick wall.

    Against this backdrop, the SSCI telling Tulsi Gabbard that her nomination approval is contingent upon her support for FISA-702, simply makes sense.

    WASHINGTON DC – […] Multiple senators from both parties who met with the former Hawaii lawmaker in recent days told us they emerged from those sessions unsure about Gabbard’s position on the 702 program. During these meetings, senators have pressed Gabbard on her previous public statements on the issue, as well as her votes against 702 reauthorization throughout her eight years in Congress.

    GOP national security hawks in particular viewed this as problematic, we’re told, fueling renewed doubts about her confirmation prospects. Sen. James Lankford (R-Okla.), a member of the Senate Intelligence Committee, suggested on a WSJ podcast Wednesday that Gabbard should disavow her previous opposition to the 702 program.

    Senate Intelligence Committee Chair Tom Cotton (R-Ark.) also sent us a statement Thursday night supporting Gabbard’s 702 stance — a key indicator of how the GOP leadership is thinking about her nomination.

    “Tulsi Gabbard has assured me in our conversations that she supports Section 702 as recently amended and that she will follow the law and support its reauthorization as DNI,” Cotton said.

    That last part is important because, if confirmed as DNI, Gabbard would need to certify the statute annually in order for intelligence collection to continue under the 702 program.  (read more)

    This is also a big part of the reason why the DC Deep State will easily confirm Kash Patel to be Donald Trump’s FBI Director.  Kash Patel is a big believer in the value of FISA-702.

    Tyler Durden
    Sun, 01/12/2025 – 23:50

  • Weaponizing Law Enforcement Against Americans
    Weaponizing Law Enforcement Against Americans

    Authored by Kenin Spivak via AmericanMind.org,

    House investigations reveal that the Deep State and the Biden-Harris Administration are engaged in a massive repression of American freedoms…

    Reports released by two House committees in December shine a harsh light on the deceptions and oppressive tactics utilized by numerous federal agencies, the Intelligence Community, and leaders of the Democratic Party. During the last year of the first Trump Administration, agencies within the Department of Homeland Security (DHS), State Department, and Justice Department (DOJ) initiated improper contacts with media in an effort to censor conservative views. These agencies also took steps to interfere in the 2020 election to benefit Joe Biden.

    The Biden-Harris Administration supercharged the weaponization of the federal government against the American people. With the active participation of the media, the administration followed a whole-of-government effort to collude with, and coerce, the media to suppress and censor conservatives and others who opposed progressive goals. It threatened parents with terrorist “threat tagging” and visits from the FBI for speaking their minds, stretched statutory authority beyond recognition to prosecute Donald Trump and his supporters, harassed and penalized whistleblowers, invaded bank privacy, sent heavily armed federal agents into private homes, and brought an unprecedented barrage of litigation against states to force them into compliance with the administration’s unconstitutional goals.

    On December 17, 2024, the House Administration Committee’s Subcommittee on Oversight (Administration Subcommittee) released its report on the events surrounding January 6, 2021 and the politicization of the Select Committee (January 6 Committee) established by then-Speaker Nancy Pelosi to investigate those events. Three days later, the House Judiciary Committee’s Select Subcommittee on the Weaponization of the Federal Government (Justice Subcommittee) released a 17,000-page final report detailing the administrative state’s and the Biden-Harris Administration’s repressive censorship enterprise and other abuses.

    Based on the evidence described in these reports, there are two inescapable conclusions:

    (1) regardless of the administration in office, the Deep State in DHS, DoD, DOJ, IRS, the Intelligence Community, and other agencies have arrogated to themselves unconstitutional and unlawful powers to infringe individual liberties, expand rules, and use force to suppress conservatives’ goals, religion, and free speech; and

    (2) the Biden-Harris Administration, Pelosi, and leading Democrats endorsed, supported, facilitated, and led the expansion of these efforts.

    These reports are products of extensive investigations and include copious evidence. Though the Administration Subcommittee’s report can be faulted for its angry tone, a vainglorious pandering to its chairman, Barry Loudermilk, and sometimes hyperbolic conclusions, it provides compelling evidence of wrongdoing. Broader in scope and more thoroughly researched, the Justice Subcommittee’s report is the product of a detailed inquiry into a broad betrayal of trust. Justice Subcommittee Chairman Jim Jordan is to be commended for uncovering problems and taking steps that have already ameliorated some of these practices.

    The findings in these reports show why the Trump Administration must clean house. That is why Trump has nominated sometimes controversial individuals such as Tulsi Gabbard, Kash Patel, Pete Hegseth, Pam Bondi, John Ratcliffe, Russell Vought, and Rick Grenell. It explains Trump’s impulsive, properly withdrawn nomination of Matt Gaetz and the creation of DOGE as an advisor outside of government. It is why so many of Trump’s appointees have expressed concern about the agencies they have been selected to lead.

    Above all, the administration must not redirect targeting—it must eradicate these stains on the American soul.

    An Illegitimate, Rigged Show Trial

    I believe Donald Trump erred by holding his “Save America” rally in Washington, D.C. on January 6, 2021, separating his call for a peaceful march by 8,500 words words from his peroration, in which he implored the crowd to “fight like hell,” and his dilatory public response to the ensuing violence. I condemn the demonstrators who entered the Capitol or resisted orders to disperse.

    Nonetheless, the exaggerated, partisan accounts of that day, invective used by Democratic leaders and the media for political advantage, and the unjustifiable divergence between the fierce overcharging of those with even a scintilla of connection to the January 6 events and the near indifference to the violent left-wing rioters who, following George Floyd’s death, killed or injured hundreds of Americans, burned down billions of dollars of private property, destroyed police stations, occupied cities, and laid a sustained siege to the federal courthouse in Portland, is inexcusable.

    The evidence shows that from the outset, the January 6 Committee was rigged to condemn President Trump and lay the foundation for Congress or the courts to reach a finding that he was guilty of insurrection, thereby triggering grounds for prohibiting him from again serving as president under the 14th Amendment. To achieve this result, the January 6 Committee was organized in violation of House rules, and was selective in pursuing its mandate, parsing its evidence, and writing its report. It stage-managed its public hearings and then covered up its wrongdoing by deleting, withholding, and encrypting its files.

    On June 30, 2021, the House passed H.R. 503, establishing the January 6 Committee to investigate the “facts, circumstances, and causes” of January 6, and the “preparedness and response” of law enforcement. It included an exemption to House Rule 11 that gave the Committee’s chairman the power to greatly limit questions from the Republicans who would be appointed to the Committee.

    Furthermore, House Rule 10, Clause 5 requires that the members of standing committees be elected “from nomination[s] submitted by the respective party caucus or conference.” Speaker Pelosi named seven Democrats and one Republican—Liz Cheney. Two of those Democrats, Jamie Raskin and Adam Schiff, previously served as impeachment managers against President Trump. Prior to being selected, Cheney pledged, “I will do everything I can to ensure that the former president never again gets anywhere near the Oval Office.”

    Minority Leader Kevin McCarthy proposed five Republicans, but in an unprecedented violation of House rules, Pelosi rejected his nominees. She then named Republican Adam Kinzinger as the final member of the January 6 Committee.

    Even with the exclusion of Rule 11, H.R. 503 still required Chairman Bennie Thompson to consult with the Republican ranking member before issuing subpoenas or ordering depositions. House rules require each of the party caucuses to select its ranking members. Because Pelosi excluded Republican nominees, there was no Republican ranking member (though the committee pretended that Cheney served that function). Some of those subpoenaed by the January 6 Committee challenged the subpoenas on this basis, but the courts deferred to Congress.

    All committee chairs have the responsibility to archive committee records with the Clerk of the House, who subsequently stores those records with the National Archives and Records Administration. H.R. 503 further requires that all January 6 Committee records be transferred to any committee designated by the Speaker; Pelosi designated the Committee on House Administration.

    The January 6 Committee failed to archive or provide the Administration Subcommittee with video recordings of witness interviews, as many as 900 interview summaries or transcripts, and more than one terabyte of digital data. The January 6 Committee also delivered more than 100 encrypted, password protected documents for which it never provided the passwords.

    Once underway, the January 6 Committee focused on hyping the horrors of January 6 and assigning blame to Trump. It generally ignored its mandate to investigate preparedness and the response, because that would have established that Trump authorized and directed 10,000 National Guard soldiers to be available to ensure security and safety, and that Pelosi declined that assistance. Because there were no Republican-selected members on the January 6 Committee, there were no cross-examinations, witnesses called, or evidence reviewed at the behest of Republican-selected members.

    Every investigatory committee hopes for its John Dean, Nixon’s White House counsel who testified about his first-hand knowledge as a participant in the cover-up of the Watergate break in. The January 6 Committee’s pale substitute was Cassidy Hutchinson, the then-24-year-old Coordinator for Legislative Affairs for White House Chief of Staff Mark Meadows. Hutchinson testified about things she claims to have been told and about a letter she claims to have transcribed, but which the evidence suggests never happened.

    Following her second uneventful interview with January 6 Committee staff, Hutchinson drastically switched her narrative and began testifying to a variety of unsubstantiated and uncorroborated claims. It is not clear why she did so, but the Administration Subcommittee uncovered evidence of secret conversations between Hutchinson, former White House employee Alyssa Farah Griffin, now a co-host of ABC’s The View, and Liz Cheney. Cheney improperly influenced Hutchinson to fire her attorney and referred her to a number of new attorneys, including a lawyer from the multinational law firm Alston & Bird whom Hutchinson then retained.

    Based on hearsay, Hutchinson claimed that Trump had lunged toward the Secret Service driver of his car after his request to go to the Capitol was denied. Trump, the individual Hutchinson claimed gave her the information, and the agents with Trump that day have denied her claim. But after her third interview and retaining the Alston lawyer, Hutchinson suddenly recalled that she heard White House employees saying that Trump had agreed that Pence should be hung. Though there is no corroboration of this allegation, the January 6 Committee featured it throughout its hearings and in its report.

    Hutchinson also claimed that she transcribed a note from Meadows, and edited by White House lawyer Eric Herschmann, that conceded that anyone who entered the Capitol without authority had acted illegally. The Administration Subcommittee retained an independent certified handwriting expert who said that Hutchinson’s story is false. Herschmann denies the note is genuine.

    The Administration Subcommittee refers to Cheney’s actions as “witness tampering” and recommends a criminal referral and, implicitly, bar discipline. That goes too far by criminalizing common misbehavior; it may be emotionally satisfying, but it will not improve American government.

    In 2022, HBO released Pelosi in the House, a documentary directed and produced by Alexandra Pelosi, Nancy Pelosi’s daughter. It includes footage of Pelosi and members of House and Senate leadership after being evacuated from the Capitol on January 6. The January 6 Committee was in possession of the footage throughout is investigation, but did not publish or archive it.

    In one clip, Pelosi admits to her Chief of Staff, Terri McCullough, that they bear responsibility for the lack of security at the Capitol. Discussing her failure to call up the National Guard, Pelosi states, “I take responsibility for not having them just prepare for more.”

    The Administration Subcommittee also uncovered evidence that senior Defense Department (DoD) officials intentionally delayed deploying the National Guard to the Capitol, despite Trump’s contrary directions. According to interviews conducted by the DoD Inspector General, during a January 3, 2021 meeting that included Trump, Acting Defense Secretary Christopher Miller, and Chairman of the Joint Chiefs of Staff Mark Milley, Trump warned about the large number of protestors expected on January 6 and authorized 10,000 soldiers or National Guard to “make sure it’s a safe event.” Miller promised that there was a plan to do so. Milley further testified to the Inspector General that Trump ordered DoD to use all assets necessary to guarantee the safety of everyone in Washington, D.C. on January 6.

    The Administration Subcommittee concluded that in the course of the investigation by the January 6 Committee, DoD and the Biden-Harris Administration possessed information that the Secretary of the Army misled senior congressional leaders by stating that the D.C. National Guard was “on the way” at a time it was not.

    It appears that the Biden-Harris Administration, including DoD and the January 6 Committee, colluded to omit from the investigation and its report exculpatory information that would have shown that President Trump attempted to work with DoD and the National Guard to ensure the security of the Capitol at the time of his planned rally on January 6.

    Oddly unmentioned in the Subcommittee’s report is that Trump advisors Peter Navarro and Steve Bannon were prosecuted and sentenced to four months in prison for refusing to testify before the January 6 committee—the first former White House official to be imprisoned for a contempt of Congress conviction and the first time in 65 years that anyone has been prosecuted for refusing to testify before a House committee. That last time, and each of the ten times before then, the individuals who were imprisoned refused to testify before the reviled, highly partisan House Un-American Activities Committee.

    The Administration Subcommittee’s report shows that the events of January 6 were preventable, and that Trump’s speech that day would not have resulted in a riot, or at the least the riot would not have penetrated the Capitol, if Democratic leadership had accepted assistance offered by the president or if DoD had mobilized the National Guard sooner.

    While Trump is not without blame for the events of January 6, the January 6 Committee was an undemocratic, rigged, partisan show trial akin to Soviet and Chinese trials that are staged to justify a result rather than find the truth.

    The Biden-Harris Administration’s Censorship Complex

    The Justice Subcommittee obtained internal communications from social media platforms, Amazon, and others in which executives of these companies attribute suppressing and censoring videos, posts, and other content to “pressure” from the Biden-Harris Administration. For example, on the administration’s third day, the White House emailed Twitter (now X) to demand that a tweet by Robert F. Kennedy, Jr. be “removed ASAP.”

    Previously unknown is that under intense pressure from the White House, Amazon also suppressed placement and promotion of certain books critical of the administration.

    The Justice Subcommittee report concluded that:

    (1) Big Tech changed its content moderation policies because of pressure from the Biden-Harris White House;

    (2) the censorship campaign targeted not just falsehoods but also true information, satire, and other content, including Americans’ personal experiences;

    (3) the censorship campaign had a chilling effect on other speech;

    (4) the Biden-Harris White House had leverage because of its power over policies that affected media companies; and (5) the Biden-Harris White House pushed censorship of books, not just social media.

    The Biden-Harris censorship enterprise had its origins in the Obama and Trump Administrations. Following the 2016 election, offices within the executive branch began efforts to covertly censor Americans’ free expression. The FBI formed the Foreign Influence Task Force in the fall of 2017. The Global Engagement Center (GEC), a multi-agency entity housed within the State Department established by President Obama in early 2016 to counter terrorism, expanded its mandate in 2017 to include countering foreign disinformation, and later also domestic speech (the GEC was closed down on December 23, 2024 when Congress refused to continue its funding). The DHS Cybersecurity and Infrastructure Security Agency (CISA) formed the Countering Foreign Influence Task Force in 2018, which evolved under Biden into the “Mis, Dis, and Malinformation Team” (MDM) in 2021 to counter foreign and American speech.

    Once the Biden-Harris Administration took office, these censorship efforts expanded. Senior members of the Biden-Harris White House immediately began a months-long pressure campaign on Facebook, YouTube, Amazon, and other companies to censor views disfavored by the Biden-Harris Administration. The Office of the Director of National Intelligence created the Foreign Malign Influence Center in 2021. DHS created the Orwellian Disinformation Governance Board in May 2022, soon disbanded following broad condemnation. CISA also built out and met with its MDM Advisory Subcommittee throughout 2022.

    Even during the Trump Administration, key activities of this censorship complex involved “inoculating” the public against damaging stories about Biden family influence peddling and taking other steps to bolster Joe Biden’s candidacy against Trump.

    Foreign Censorship

    The Justice Subcommittee demonstrated that the threat to Americans’ free speech increasingly includes foreign governments, including Brazil, the European Union, and Australia, but that the Biden-Harris Administration failed to defend Americans’ rights. For example, the Justice Subcommittee determined that in 2022, the FBI facilitated censorship requests to American social media companies on behalf of the Security Service of Ukraine (SBU), a Ukrainian intelligence agency then infiltrated by Russian security services. The SBU transmitted to the FBI lists of social media accounts that allegedly “spread Russian disinformation.” The FBI requested—and, in some cases, directed—the world’s largest social media platforms to censor Americans engaging in constitutionally protected speech online, including a verified State Department account and accounts belonging to American journalists.

    The Biden-Harris Administration also failed to protect Americans confronting censorship outside the United Sates. In Brazil, Justice Alexandre de Moraes forced American companies such as X and Rumble to cease operations in Brazil after they refused to comply with his illegal censorship orders. A European bureaucrat threatened American companies with retaliation under European law for facilitating political discourse in the United States. Australia considered legislation that purported to censor online speech globally. The Justice Subcommittee report observed that the Biden-Harris Administration refused to take a leadership role opposing these efforts. Likely that is because multiple Biden-Harris officials, including Harris and former climate czar John Kerry, have characterized the First Amendment as an obstacle rather than an essential right (see herehere, and here).

    Artificial Intelligence

    The Justice Subcommittee also uncovered strong evidence that the Biden-Harris Administration covertly tried to coerce AI companies by pressuring developers to censor new models, funding the development of AI-powered censorship tools, and collaborating with censorious foreign nations on AI regulations. The Justice Subcommittee identified examples of the Biden-Harris Administration funding the development of both AI-powered censorship tools and pressing tech companies to selectively exclude disfavored information when training generative AI in order to bias or censor responses.

    With regard to potential AI legislation, the Justice Subcommittee report recommends that Congress follow four principles to protect Americans’ right to free expression: (1) ensure the federal government is involved in private AI algorithm or dataset decisions; (2) ban funding of censorship related research; (3) end foreign collaboration on AI regulations involving the censorship of lawful speech; and (4) avoid AI regulation that gives the government coercive leverage.

    Non-Governmental Proxies

    The Justice Subcommittee described how the federal government colluded with private and academic institutions to target and censor Americans’ speech, including (1) how CISA used proxies and partners to target and censor Americans’ election-related speech; and (2) how the National Science Foundation funded and supported the development of AI-powered tools that would supercharge the government’s ability to censor disfavored speech.

    The most notable effort to cover up government censorship efforts was CISA’s (and later GEC’s) partnership with Stanford University’s Internet Observatory, called the Election Integrity Partnership (EIP), which was launched in 2020 during the Trump Administration. Instead of focusing on legitimate cybersecurity threats, EIP focused on so-called misinformation, disinformation, and malinformation, and mutated into the nerve center of the federal government’s domestic surveillance activities.

    On November 10, 2021, CISA director Jen Easterly gave a speech in which she asserted that CISA is in the business of protecting infrastructure, and “the most critical infrastructure is our cognitive infrastructure.” She went on to say that Americans should not be free to determine the truth.

    Under Easterly’s tenure, CISA (1) worked with federal partners to mature a whole-of-government approach to curbing alleged misinformation and disinformation; (2) considered the creation of an anti-misinformation “rapid response team” capable of physically deploying across the country; (3) moved its censorship operation to the Elections Infrastructure Information Sharing and Analysis Center (EI-ISAC), a CISA-funded non-profit, after Missouri and Louisiana, along with several other plaintiffs, sued CISA and the Biden-Harris Administration; and (4) used the same CISA-funded non-profit as its spokesperson to “avoid the appearance of government propaganda.” Members of CISA’s advisory committee internally worried that it was “only a matter of time before someone realizes we exist and starts asking about our work.”

    In a draft of its 2022 recommendations, a CISA subcommittee recommended that it step up the use of outside organizations in performing its functions, which increasingly focused on censoring Americans. Though correctly warned by CIA legal counsel that “the government cannot ask an outside party to do something the Intelligence Community cannot do,” CISA disregarded that advice to bypass the First Amendment and “avoid the appearance of government propaganda.”

    One method CISA used to censor Americans is called “Switchboarding.” This is the federal government’s practice of referring requests for the removal of content on social media from generally Democratic state and local election officials to the relevant platforms. For the 2022 election cycle, CISA transferred this function to EI-ISAC. The FBI was often copied or referenced in requests to suppress or remove content, signaling that it would take action if the request was not acted upon.

    CISA claimed that its mission did not include censoring “content that is polarizing, biased, partisan or contains viewpoints expressed about elections or politics,” “inaccurate statements about an elected or appointed official, candidate, or political party,” or “broad, non-specific statements about the integrity of elections or civic processes that do not reference a specific current election administration activity.” But in practice, state and local election officials used the CISA-funded EI-ISAC to silence excluded criticism and political dissent.

    For example, in August 2022 a Democratic government official in Loudoun County, Virginia, reported a Tweet featuring an unedited video of a county official, “because it was posted as part of a larger campaign to discredit the word of” that official regarding Loudon County’s on-going dispute about the use of Critical Race Theory in county schools. EI-ISAC sought to assist that county official, demonstrating that her “misinformation report” was nothing more than a politically motivated censorship attempt.

    Following increased public awareness of CISA’s role in government-induced censorship, and the Justice Subcommittee’s issuance of subpoenas to Alphabet, Amazon, Apple, Microsoft, and Meta in February 2023, CISA scrubbed its website of references to domestic MDM. Prior to the cleansing, the domain “CISA.gov/mdm” was associated with a webpage titled “Mis, Dis, Malinformation,” which included an overview of CISA’s efforts to censor foreign and domestic actors.

    The Biden Justice Department led efforts to stall compliance by CISA and its private partners with Justice Subcommittee subpoenas.

    Election Interference Operations

    The Justice Subcommittee found extensive evidence of a concerted campaign by the FBI to preemptively debunk—or “prebunk”—allegations about the Biden family’s influence peddling scheme in advance of the 2020 presidential election. Starting prior to the New York Post’s October 14, 2020 report about Hunter Biden’s abandoned laptop, this campaign—during Trump’s first term—included warning social media platforms about a pre-election Russian influence operation relating to Hunter Biden and the Ukrainian company Burisma. As a result, many social media platforms adopted policies that suppressed or banned coverage of the Post’s story as a potential Russian hack-and-leak operation.

    The FBI had been in possession of Hunter Biden’s laptop since late 2019, and used it in one or more investigations in 2020. It knew the laptop was real and that its contents were authentic, but did not correct the false justifications for censoring the Post’s story.

    Even after social media companies stopped censoring the stories, 51 former intelligence community officials, using their official titles and citing their national security credentials, released a public statement suggesting that the story “had all the classic earmarks of a Russian information operation.” The Justice Subcommittee obtained communications among signers, however, that established that many doubted the laptop was in fact Russian disinformation. The Justice Subcommittee investigation revealed that the public statement was politically motivated from the start. As former CIA Director Michael Morell testified, it was designed to “help Vice President Biden” in his presidential campaign.

    As the emails soliciting signatures made clear, “We think Trump will attack Biden on the issue at this week’s debate,” and “we want to give the [Vice President] a talking point to use in response.” The Justice Committee’s interim report detailed how Morell spearheaded the statement after receiving a call from then-campaign advisor, and later Biden Secretary of State, Antony Blinken. The Biden campaign coordinated the statement’s dissemination to the media.

    Nonetheless, in their public statements, interviews, and communications, the signers did not correct Politico, MSNBC, or other media that reported the statement as establishing the laptop was Russian disinformation, or proactively seek to correct that perception. Rather, the Intelligence Community worked to diminish the reach of stories that could be seen as harmful to Biden’s 2020 presidential campaign.

    report issued jointly by the Justice Subcommittee and the Permanent Select Committee on Intelligence detailed previously nonpublic information that CIA officials, including Trump CIA Director Gina Haspel, were aware of the statement before its publication. In fact, some of the signatories, including Morell, were under contract with the CIA at or about the time of its publication and had access to confidential information that discredited the letter’s purpose.

    In a debate with Trump on October 22, 2020, Biden referred to the statement as proof that the laptop was a Russian hoax, and that Trump’s attacks were “garbage.” Numerous signers lauded Biden’s use of their statement in their internal communications.

    A book written by Andy Slavitt, a senior advisor to Biden who was deeply involved in the censorship enterprise, criticized Americans who disagreed with the administration’s overriding the Constitution as an “obsession with individual liberties.”

    Weaponizing Federal Law Enforcement Agencies Against Americans

    The FBI leadership’s trend toward political partisanship in recent years has disturbed the ranks of front-line FBI agents. FBI whistleblowers disclosed examples of waste, fraud, and abuse at the Bureau. They characterized the FBI leadership as “cancerous,” “enveloped in politicization and weaponization,” “rotted at its core,” and having a “systemic culture of unaccountability.”

    According to the Justice Subcommittee, the FBI brutally retaliated against many of them for breaking ranks—suspending them without pay, preventing them from seeking outside employment, and purging suspected disloyal employees. The FBI also abused its security clearance adjudication process to target whistleblowers. Under pressure from the Justice Subcommittee, the FBI reinstated the clearance of at least one decorated FBI employee.

    During the Biden-Harris Administration, the Justice Department and FBI advanced a two-tiered system of justice—investigating and prosecuting individuals or groups with disfavored views. Documents received pursuant to the Justice Subcommittee’s subpoenas show that the FBI singled out Americans who are pro-life, pro-family, and support the biological basis for sex and gender distinction as potential domestic terrorists. It targeted its employees who hold conservative views, investigated parents at school board meetings, and sought to invade Catholic churches in the name of fighting “domestic terrorism.” The IRS, Treasury Department, and other Justice Department agencies, including the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), misused federal funds to target Americans.

    Perhaps nothing is more emblematic of the Justice Department leadership’s disdain for American people than a memorandum issued by Attorney General Merrick Garland on October 4, 2021 to the FBI director and all U.S. attorneys that instructed them to develop strategies to investigate parents who voiced objections at school board meetings. The Justice Department’s documents demonstrate that there was no compelling nationwide law-enforcement justification for the Attorney General’s directive. Rather, the administration’s goal was to silence critics of its radical education policies and neutralize an issue that was threatening Democratic Party prospects in the close gubernatorial race in Virginia.

    In response to the Justice Subcommittee’s subpoena, the FBI acknowledged for the first time that, following Garland’s directive, it opened 25 “Guardian assessments” of school board threats, and that six of these investigations were run by the FBI’s Counterterrorism Division. According to the FBI, none of these investigations resulted in federal arrests or charges, highlighting the political motives behind the actions.

    Under Biden and Garland, the ATF issued a rule to drastically expand the number of Americans who would require a license to deal in firearms. A federal district court judge issued temporary restraining orders prohibiting enforcement of that rule pending a decision in the case. To send a message, a large contingent of heavily armed ATF agents executed a pre-dawn raid of alleged dealer Bryan Malinowski that left him dead. The raid is reminiscent of the FBI’s similar raid against pro-life activist Mark Houk, who was later acquitted of all charges.

    In 2022, Congress appropriated $78.9 billion in new funding to the IRS, including $45 billion to hire as many as 87,000 agents. Following approximately a nine month investigation, the Justice Subcommittee cited evidence that the IRS had weaponized unannounced visits against the administration’s political foes, including an unannounced field visit to the home of journalist Matt Taibbi the very day he testified before Congress about government abuse. Though neither Taibbi nor his accountant had ever received a notice from the IRS about an issue with his tax returns, the IRS had opened a case against Taibbi on Christmas Eve—a Saturday—three weeks after he began reporting on government censorship involving Twitter. Taibbi owed no taxes; in fact, the IRS owed Taibbi a substantial refund.

    Pressure and oversight about abusive field visits led the IRS to prohibit unannounced field visits to taxpayers’ homes.

    The Justice Subcommittee also found that the Justice Department attempted to access private communications from members of Congress and congressional staff involved in conducting oversight of the Department.

    Weaponizing Law Enforcement Against Catholic Americans

    The Justice Subcommittee revealed and stopped the FBI’s effort to target Catholic Americans because of their religious views.

    While the FBI claims it “does not categorize investigations as domestic terrorism based on the religious beliefs of the subject involved,” an FBI-wide memorandum originating from its Richmond Field Office did just that. Under the guise of tackling the threat of domestic terrorism, the memorandum painted certain “radical-traditionalist Catholics” as violent extremists and proposed opportunities for the FBI to infiltrate Catholic churches as a form of “threat mitigation.”

    The Justice Subcommittee’s investigation began in February 2023 after a whistleblower revealed the existence of an anti-Catholic memorandum in internal FBI systems. FBI employees could not define the meaning of “radical-traditionalist Catholic” when preparing, editing, or reviewing the memorandum. Nevertheless, this single investigation became the basis for an FBI-wide warning about the dangers of “radical” Catholics.

    From witness testimony and FBI internal documents, the Justice Subcommittee learned that there were errors at every step of the memorandum’s drafting, review, approval, and removal process. For example, the two FBI employees who co-authored the memorandum told FBI internal investigators that they knew the sources cited in the memorandum, including the Southern Poverty Law Center, Salon, and The Atlantic, had a political bias.

    Coordinating with Financial Institutions to Surveil Americans

    The Justice Subcommittee’s investigation revealed that federal law enforcement has virtually unchecked access to private financial data, is testing out new methods and technology to embed financial surveillance into the American financial framework, and has deputized the financial sector as an investigative arm (see here and here).

    The Bank Secrecy Act authorizes the Treasury Department to impose reporting obligations on businesses and financial institutions, including Currency Transaction Reports for any individual involved in any transaction of over $10,000 and a Suspicious Activity Report (SAR) when it identifies a “suspicious transaction relevant to a possible violation of law or regulation.” Documents received by the Justice Subcommittee from at least 17 entities, including banks, crowdfunding sites, money service businesses, and the Treasury Department, show that the FBI has manipulated this process by encouraging banks to file SARs based on names and selectors provided by the FBI. The fact that a SAR has been filed is not disclosed to customers.

    The FBI developed typologies that target Americans with conservative views, including gun owners, those concerned with illegal immigration, and those opposed to COVID mandates. Other criteria used for these warrantless searches of financial records include contributions to conservative organizations, including leading legal organizations that defend religious and conservative views such as Alliance Defending Freedom. The FBI also uses search terms like “MAGA” and “TRUMP” and has treated purchases of religious texts or firearms as indicators of “extremism.”

    The Justice Subcommittee discovered that financial institutions confidentially report millions of Americans’ transactions to the federal government and that at least 25,000 government officials have access to search and download Americans’ financial information from government repositories without a warrant.

    Weaponizing the FTC Against Elon Musk

    The announcement of Elon Musk’s proposed acquisition of Twitter generated an enormous backlash among elected officials and activists on the Left, some of whom called for the federal government to “block” the purchase.

    On April 25, 2022, Twitter accepted Musk’s offer. Three days later, an attorney for Federal Trade Commission (FTC) Chair Lina Khan sent an email to the other commissioners requesting that they vote the following day to approve a previously negotiated consent decree with Twitter that included additional privacy and security protections. Prior to this email, Khan had not circulated a copy of the consent decree or FTC staff recommendations to the Republican commissioners—despite having substantially completed the decree a year earlier. In addition, despite repeated requests, FTC staff had not briefed the Republican commissioners about the proposal. In rushing to a vote, Khan ignored the traditional three-week notice period used by commissioners to study proposals.

    Following the closing of the acquisition, Democrats in Washington stepped up their pressure campaign. Seven Democratic senators issued a joint press release calling for the FTC to investigate Musk’s so-called “alarming steps” at Twitter. They demanded that the FTC “vigorously oversee its consent decree” with Twitter, and outlined the different purported grounds on which Musk could have already violated the terms of the decree in his first few weeks of ownership. President Biden signaled support for government intervention, saying that “there’s a lot of ways” the government could review the transaction.

    The FTC launched an aggressive campaign to harass Twitter, particularly after Musk took steps to reorient Twitter around free speech. Within three months, the FTC sent Twitter over a dozen letters that made more than 350 specific demands, including that Twitter provide, among other things: (1) information relating to journalists’ work protected by the First Amendment, including their work to expose censorship abuses by Big Tech and the federal government; (2) every internal communication “relating to Elon Musk”; (3) information about whether Twitter is “selling its office equipment”; (4) all reasons Twitter terminated Jim Baker, a former FBI lawyer; (5) information disaggregated by “each department, division, and/or team,” regardless of whether the work had anything to do with privacy or information security.

    Khan refused to meet with Musk to discuss the situation until Twitter fully complied with all demands, many of which had nothing to do with the consent decree. Ultimately, after its extensive and expensive harassment, the FTC found no violations of the consent decree.

    Democrats’ Target Political Opponents

    The Justice Subcommittee also issued two reports (here and here) that summarize already known information about the Democrats’ unprecedented campaign of lawfare to keep Trump off of the campaign trail, drain him of resources, and attempt to prevent millions of Americans from being able to cast a ballot for their candidate of choice. My articles on this lawfare (hereherehereherehereherehere, and here) also discuss its impact on Trump’s lawyers and supporters, whereas the Subcommittee’s reports focus on Trump.

    *  *  *

    Most conservatives believe in restraint. We try to win with integrity, logic, and tradition. That leaves us unprepared for asymmetrical attacks from the Left.

    “Freedom is fragile thing,” Ronald Reagan warned in 1967, “it’s never more than one generation away from extinction. It is not ours by way of inheritance; it must be fought for and defended constantly by each generation, for it comes only once to a people.”

    Tyler Durden
    Sun, 01/12/2025 – 23:20

  • Poilievre Claims US Benefits From 'Massive Price Discount' On Canadian Energy As Tariffs Loom
    Poilievre Claims US Benefits From ‘Massive Price Discount’ On Canadian Energy As Tariffs Loom

    As President-elect Donald Trump goes full throttle on his proposed 25% tariffs on Canadian goods until they fix their porous border – which America’s northern neighbor has already vowed to address – Conservative leader Pierre Poilievere says that Trump should remember that the US benefits from cheap Canadian oil, which they’ve been selling at a “massive price discount.”

    Conservative Leader Pierre Poilievre holds a news conference in Ottawa on Dec. 20, 2024. The Canadian Press/Sean Kilpatrick

    According to Poilievre, this has allowed American refineries to have “profited” at Canada’s expense, adding that tariffs on Canadian energy would mean many Americans would lose their jobs – and that both countries are better off without them so that the US can continue to get “low-cost, totally reliable 100% ally” energy.

    I would remind our American friends that they benefit from our affordable, reliable energy, and the alternative is Venezuela, Iran, and other foreign dictatorships,” he said at a Jan. 9 press conference in Ottawa. “Why would we not want to have a North American energy market that enriches us both?”

    The US is the largest consumer of Canadian oil and gas – receiving 97% of the country’s crude oil exports in 2023, with the majority (87%) coming from Alberta, the country’s largest oil producing region.

    On Jan. 7, Trump doubled down on his threat to impose the 25% tariffs on Canada when he takes office, adding that he would consider using “economic force” to merge the two  countries.

    According to Trump, America is “subsidizing” Canada, and the US doesn’t actually need the northern neighbor for things like lumber, dairy and automobiles.

    According to the U.S. Bureau of Economic Analysis, the U.S. trade deficit with Canada amounted to US$67.9 billion (C$91.6 billion) in 2023. Meanwhile, Statistics Canada estimates Canada’s surplus with the U.S. last year was US$80.5 billion ($108.6 billion). Trade data reported by the two countries varies due to differences in assumptions.

    In 2023, crude oil exports accounted for 16 percent of Canada’s total export value, estimated at $124 billion. –Epoch Times

    Officials in Alberta say that the federal government’s cancellation of pipeline projects to deliver Canadian oil and gas to other markets has meant that Canada has to sell its energy at deeper discounts to the United States.

    Tyler Durden
    Sun, 01/12/2025 – 22:45

  • Coalition Of Women's Sports Groups Urge Trump To Help Reform NCAA Rules
    Coalition Of Women’s Sports Groups Urge Trump To Help Reform NCAA Rules

    Authored by Steven Kovac via The Epoch Times,

    A coalition of female athletes and women’s advocacy groups has asked President-elect Donald Trump for his help in demanding that the NCAA “restore fairness and opportunity to collegiate sports.”

    In a letter to Trump dated Jan. 9, the coalition requests the soon-to-be inaugurated president to use his “powerful voice to urge the NCAA to take action and clarify participation rules to protect the rights and opportunities of female athletes.”

    The coalition alleged that the NCAA has “failed” to respond to female athletes “who have been forced to choose between forfeiting games or participating in competitions that are fundamentally unfair and even dangerous.”

    The group said it is appealing to the NCAA “in the name of fairness and commonsense.”

    The letter was sent on the day the U.S. District Court in the Eastern District of Kentucky struck down the proposed Title IX regulations created by the outgoing Biden Department of Education.

    The proposed rules would have added the terms “sexual orientation” and “gender identity” to the existing categories of male and female when defining sex discrimination.

    The court decision applies to all educational institutions that receive federal funding.

    Adopting the name “Our Bodies, Our Sports (OBOS),” the coalition is demanding that the NCAA establish and enforce the right of female athletes to participate in sports based on biological sex.

    The coalition wants the NCAA to repeal all policies and rules that allow male athletes to take roster spots on women’s teams and compete in women’s events.

    Beyond the Ruling

    OBOS is demanding the NCAA revoke all records set by male athletes competing in female sports and restore the female NCAA sports archives by erasing championship wins by teams with male players and those of individual male competitors.

    Single-sex locker rooms for female athletes are also among the OBOS demands, as is restoring the Title IX guarantee of equal opportunity for the sexes—a concept they say was “gutted” by the Biden administration.

    Adriana McLamb is a former collegiate women’s volleyball player who is now coaching and serving as a recruiting coordinator in Florida.

    McLamb, an activist with the Independent Women’s Forum, told The Epoch Times that the timing of the court ruling was good for her movement and that the election of Trump was “pivotal.”

    “The two events mark the beginning of the change back to commonsense. A male is a male and a female is a female,” she said.

    “Though the fight is not over, we can see the end of men playing in women’s sports and women getting their locker rooms back. Protecting women’s spaces is not anti-trans. It is pro-woman,” McLamb said.

    McLamb stated that banning males from women’s sports, revoking the records men set, and stripping championships from trans-identifying individuals or teams with trans-identifying players, was all about “protecting future female athletes and righting the wrongs of the past.”

    Rachel Crandall-Crocker, executive director of TransMichigan, an LGBT advocacy group, told The Epoch Times that the proposed actions would be “absolutely discriminatory.”

    Crandall-Crocker expects there will be protests and hopes that the court’s decision will be overturned on appeal.

    At the close of the letter to Trump, the coalition writes, “We the undersigned represent thousands of female athletes and women’s advocacy groups from across the political spectrum.

    “We stand together in honor of the generations of women who came before us and in defense of all the women and girls who will come next.

    “We ask for your help in demanding that the NCAA finally act to restore fairness and opportunity in collegiate sports,” the letter said.

    Some of the eleven signatories to the letter include the Independent Women’s Forum, Young Women for America, and the Women’s Liberation Front.

    The NCAA and the office of the president-elect did not provide comment by publication time.

    Tyler Durden
    Sun, 01/12/2025 – 22:10

  • Supreme Court Rules 200 Patent Judges' Appointment Unconstitutional
    Supreme Court Rules 200 Patent Judges’ Appointment Unconstitutional

    The Supreme Court has ruled that over 200 Patent Trial and Appeal Board (PTAB) judges were unconstitutionally appointed, however the problem may be ‘cured’ if the board’s director exercises greater supervision over them.

    A general view of the U.S. Supreme Court in Washington on June 1, 2021. Drew Angerer/Getty Images

    Chief Justice John Roberts wrote the opinion in the split decision in the case of U.S. v. Arthrex Inc, a consolidation of three cases. The patent adjudication system is administered by the Patent and Trademark Office (PTO), which sits within the Department of Commerce. The PTO has a single director who is subject to Senate confirmation.

    The PTAB was established by the Leahy-Smith America Invents Act of 2011, and sits in panels of at least three members who are drawn from the Director, the Deputy Director, the Commissioners for Patents and Trademarks, and over 200 Administrative Patent Judges (APJs). Members of the PTAB and APJs are selected by the Secretary of Commerce.

    As the Epoch Times notes further, Roberts explained that Arthrex Inc. develops medical devices and procedures for orthopedic surgery. In 2015, it received a patent on a surgical device it invented that reattaches soft tissue to bone without tying a knot. Arthrex soon claimed that two rival companies had infringed the patent. Three APJs on the PTAB panel concluded that a prior patent application “anticipated” the invention claimed by the patent, making Arthrex’s patent invalid.

    On appeal to the U.S. Court of Appeals for the Federal Circuit, Arthrex raised for the first time an argument based on the Appointments Clause of the Constitution, which provides that the president may appoint officers to assist him in carrying out his responsibilities. Principal officers must be appointed by the president and be confirmed by the Senate, while inferior officers may be appointed by the president alone, the head of an executive department, or a court.

    Roberts noted that Arthrex argued that the APJs were principal officers and that meant their appointment by the Secretary of Commerce was unconstitutional. The Federal Circuit sided with Arthrex and invalidated the tenure protections for APJs.

    In its ruling, the Supreme Court held 5-4 that the authority the APJs possess runs afoul of the Appointments Clause because they are not nominated by the president and confirmed by the Senate. The APJs’ “unreviewable authority” in patent proceedings is not consistent with their appointment by the secretary. Only principal officers who are constitutionally appointed may wield that level of authority, Roberts wrote. Justices Samuel Alito, Neil Gorsuch, Brett Kavanaugh, and Amy Coney Barrett concurred.

    But the court also ruled 7-2 on what should be done, finding that the constitutional infirmity could be cured by letting the director of the PTO have the ability to review and modify decisions made by the APJs. Four justices partially concurred and partially dissented in various parts of the court’s opinion.

    Roberts quoted Alexander Hamilton who wrote in Federalist 77 that assigning the nomination power to the president guarantees accountability for the appointees’ actions because the “blame of a bad nomination would fall upon the president singly and absolutely.” The “sole and undivided responsibility of one man will naturally beget a livelier sense of duty and a more exact regard to reputation,” the founding father wrote.

    Roberts cited a 1997 precedent, writing that the Appointments Clause “adds a degree of accountability in the Senate, which shares in the public blame ‘for both the making of a bad appointment and the rejection of a good one.’”

    Justice Clarence Thomas penned a dissenting opinion, which was joined by Justices Stephen Breyer, Sonia Sotomayor, and Elena Kagan.

    For the very first time, this Court holds that Congress violated the Constitution by vesting the appointment of a federal officer in the head of a department,” Thomas wrote.

    “Just who are these ‘principal’ officers that Congress unsuccessfully sought to smuggle into the Executive Branch without Senate confirmation? About 250 administrative patent judges who sit at the bottom of an organizational chart, nestled under at least two levels of authority. Neither our precedent nor the original understanding of the Appointments Clause requires Senate confirmation of officers inferior to not one, but two officers below the President.” (Italics in original.)

    Tyler Durden
    Sun, 01/12/2025 – 21:35

  • Vance Says Trump Won't Issue Pardons For Violent Jan. 6 Defendants
    Vance Says Trump Won’t Issue Pardons For Violent Jan. 6 Defendants

    Authored by Jack Phillips via The Epoch Times,

    Vice President-elect JD Vance said on Jan. 12 that individuals who were violent during the U.S. Capitol breach on Jan. 6, 2021, “obviously” should not be pardoned. President-elect Donald Trump has vowed to use his clemency power for people who have been charged in connection to the incident over the past four years.

    Those who “protested peacefully” on Jan. 6 should receive a pardon, Vance told Fox News. He added that there is also a “little bit of a gray area” in some of those cases.

    “I think it’s very simple,” Vance elaborated.

    “If you protested peacefully on Jan. 6 and you’ve had [Attorney General] Merrick Garland’s Department of Justice treat you like a gang member, you should be pardoned. If you committed violence on that day, obviously you shouldn’t be pardoned.”

    More than 1,500 people have been charged with federal crimes in connection to the Capitol breach, according to records from the Department of Justice. A number of people were charged with misdemeanor offenses for entering the Capitol in an unauthorized manner, while some were charged with felonies.

    Leaders of the Oath Keepers and the Proud Boys groups were convicted of seditious conspiracy for what prosecutors described as plots to use violence to stop the peaceful transfer of power from Trump to then-President-elect Joe Biden.

    Vance said on Jan. 12 that he believes that “a lot of people” have been “prosecuted unfairly” over the past several years.

    “We need to rectify that,” Vance said. “We’re very much committed to seeing the equal administration of law.”

    Also on the morning of Jan. 12, Vance responded to critics on social media who said that his comments to Fox News didn’t go far enough, with some saying that all Jan. 6 defendants should be pardoned.

    “I’ve been defending these guys for years,” Vance wrote on social media platform X.

    “The president saying he’ll look at each case (and me saying the same) is not some walkback … I assure you, we care about people unjustly locked up. Yes, that includes people provoked and it includes people who got a garbage trial.”

    That comment came in response to a prominent conservative social media account’s statement on Jan. 12 that new footage has shown “cops shooting innocent J6 protesters and [Vance] goes on Fox News and tells the world that only non violent protesters should get pardoned … better rethink what you just said JD.”

    Vance noted that he donated to a Jan. 6 “political prisoner fund” and was criticized over it during his run for Ohio’s Senate seat.

    In a wide-ranging news conference last week at his Florida Mar-a-Lago residence, Trump suggested he would initiate “major pardons” for individuals arrested in the aftermath of Jan. 6.

    A reporter asked him, “You said on your first day of office you were going to pardon Jan. 6 defendants. Are you planning to pardon those who were charged with violent offenses?”

    “Well, we’re looking at it, and we have other people in there,” Trump said, adding that “people that didn’t even walk into the building are in jail right now.”

    “We’ll be looking at the whole thing. But I’ll be making major pardons, yes,” he added.

    The president-elect has said on multiple occasions that he would carry out the pardons quickly after he is sworn into office on Jan. 20.

    Tyler Durden
    Sun, 01/12/2025 – 21:00

  • US Lawmakers Call For Curbs On Clinical Trial Collaborations Linked To Chinese Military
    US Lawmakers Call For Curbs On Clinical Trial Collaborations Linked To Chinese Military

    Authored by Lily Zhou via The Epoch Times (emphasis ours),

    A bipartisan group of lawmakers has asked the U.S. government to consider new rules restricting U.S. biotech companies from conducting clinical trials with entities linked to the Chinese military.

    Ranking member of the House Select Committee on the Chinese Communist Party, Rep. Raja Krishnamoorthi (D-Ill.) (L), and Chairman Rep. John Moolenaar (R-Mich.) speak at the American Enterprise Institute in Washington on Sept. 25, 2024. Madalina Vasiliu/The Epoch Times

    In a Jan. 9 letter to Commerce Secretary Gina Raimondo, the House Select Committee on the Chinese Communist Party said the proposed restrictions will “help ensure U.S. biotechnology does not fall into the hands of the PRC,” referring to the acronym of communist China’s official name, the People’s Republic of China.

    The letter, signed by Reps. John Moolenaar (R-Mich.) and Raja Krishnamoorthi (D-Ill.), chair and ranking member of the committee, respectively, along with Rep. Neal Dunn (R-Fla.), said biotech competition between the United States and the PRC “will not only have implications for our national and economic security, but also for the future of healthcare and the security of American medical data.”

    The letter cites Beijing’s 14th Five-Year Plan—which “identifies dominance in biotechnology as critical to ’strengthen the PRC’s science and technological power’ and calls to deepen military-civil science and technology collaboration in the sector”—and a publication by a former president of the Chinese military’s National Defense University, which discussed the potential to create new synthetic pathogens that are “more toxic, more contagious, and more resistant.”

    The lawmakers praised the proposals issued by the Bureau of Industry and Security in July 2024 to expand export controls to military and intelligence end users as “a welcome update.” They suggested the measures could be further strengthened by requiring a license to conduct clinical trials with medical institutions linked to the People’s Liberation Army (PLA).

    Specifically, we recommend updating the definition of ‘Military End User’ to state medical infrastructure owned or operated by the national armed services of the PRC and other countries as appropriate constitutes a military end-use if a U.S. person is seeking to engage with the institution to conduct a clinical trial,” they added.

    The Epoch Times reached out to the Commerce Department for comment and did not receive a response by publication time.

    The letter is a sign of growing concern over China’s role in the biotechnology industry.

    In August 2024, the same committee wrote to the Food and Drug Administration (FDA), asking the agency to ensure that U.S. clinical trials are not contributing to human rights abuses in China’s Xinjiang region or aiding the transfer of U.S. critical intellectual property to the PLA.

    Citing official data, the letter said U.S. biopharmaceutical companies over the past decade had run hundreds of clinical trials that had at least one Chinese military entity among the research partners and conducted trials in hospitals in Xinjiang, “where the Chinese Communist Party (CCP) is engaged in genocide of the Uyghur population.”

    In a response letter to the lawmakers dated Jan. 2, the FDA Acting Associate Commissioner for Legislative Affairs Laura Paulos said protections are in place for trial participants. 

    Given concerns regarding the human rights abuses occurring in the Xinjiang Uyghur Autonomous Region, FDA has publicly reiterated that (legislation) requires clinical trials to obtain the legally effective, informed consent of human subjects,” she wrote.

    In response to concerns about intellectual property theft and technology transfer, Paulos referred the lawmakers to “appropriate U.S. federal agency partners.”

    In addition to clinical trials, the committee has asked the Department of Defense (DOD) to add several Chinese biotech companies to its list of companies allegedly linked to the Chinese military. Two of these companies, Origincell and MGI Group, were added to the updated list on Jan. 7, along with dozens of others in sectors such as artificial intelligence, the Internet of Things, drones, and shipping.

    The DOD also included BGI Group, the parent company of MGI and BGI Genomics, which was previously designated as a Chinese military company, and another BGI subsidiary, Forensic Genomics International.

    Reuters contributed to this report.

    Tyler Durden
    Sun, 01/12/2025 – 19:50

  • Biden Calls Meta's Decision To End Fact-Checking Program "Really Shameful"
    Biden Calls Meta’s Decision To End Fact-Checking Program “Really Shameful”

    Authored by Ryan Morgan via The Epoch Times,

    President Joe Biden has shared his disapproval at Meta’s decision to do away with its current social media fact-checking program.

    This week Meta, which owns the Facebook and Instagram social media platforms, announced it would stop using its third-party fact-checking program for U.S.-based content review purposes.

    Meta CEO Mark Zuckerberg said he made the decision because the existing fact-checking program has become “too politically biased,” resulting in censorship and a loss of trust.

    “It’s time to get back to our roots around free expression on Facebook and Instagram,” he said in a Jan. 7 video statement.

    Asked for his opinion on the move at a Jan. 10 press conference, Biden said, “It’s just completely contrary to everything America is about.”

    Up until this week, Meta had partnered with the International Fact-Checking Network (IFCN) to run its third-party fact-checking service. The IFCN is administered by the Poynter Institute, which also operates the PolitiFact fact-checking publication.

    “The idea that, you know, a billionaire can buy something and say ‘by the way from this point on, we’re not going to fact-check anything’ and you know when you have millions of people reading, going online reading this stuff it’s—anyway, I think it’s really shameful,” Biden said.

    Meta is not doing away with fact-checking outright. Rather, Zuckerberg said Meta’s platforms will move toward a “more comprehensive community notes” style system, similar to the one employed by social media platform X. He will start the new model in the United States.

    Rather than relying on a fact-checking organization such as the IFCN to review content, X’s community notes feature allows users to weigh in directly. X users may suggest a fact-checking note on controversial posts on the platform, and then provide feedback on whether a suggested fact-checking note is itself accurate, and necessary for the particular post. Posts that have been flagged with sufficient community input display an attached fact-checking note explaining why the particular post is inaccurate or may be missing important context.

    Zuckerberg also announced that Meta’s content moderation team will be moved out of California to Texas “where there is less concern about the bias of our teams.”

    Zuckerberg and other Meta officers have defended the move as needed to restore free speech and expression to their platforms.

    In a Jan. 7 blog post, Meta’s chief global affairs officer, Joel Kaplan, said as well-intentioned as their prior fact-checking efforts had been, “they have expanded over time to the point where we are making too many mistakes, frustrating our users, and too often getting in the way of the free expression we set out to enable.”

    “Too much harmless content gets censored, too many people find themselves wrongly locked up in ‘Facebook jail,’ and we are often too slow to respond when they do,” Kaplan said.

    Meta’s fact-checking and content moderation decisions had been a point of contention during the 2020 presidential election cycle.

    In October 2020, the Meta platforms reduced the reach of posts linking to articles by The New York Post concerning a laptop that then-candidate Joe Biden’s son, Hunter Biden, had reportedly abandoned at a Delaware computer repair shop. The New York Post’s articles detailed the contents of the laptop, including documents indicating the elder Biden had some level of interaction with his son’s foreign business partners.

    In a Jan. 10 interview with podcast host Joe Rogan, Zuckerberg alleged that officials in the Biden administration routinely contacted Meta, with demands that they remove or suppress certain content, including memes and satirical posts.

    “Basically these people from the Biden administration would call up our team and like scream at them and curse,” Zuckerberg said.

    The Epoch Times reached out to the White House for comment but did not receive a response by press time.

    Tyler Durden
    Sun, 01/12/2025 – 19:15

  • Inflation Expectations Will Keep Rising In 2025, And It Matters Most In Japan
    Inflation Expectations Will Keep Rising In 2025, And It Matters Most In Japan

    By Dhaval Joshi, chief strategist at BCA Research

    Executive Summary

    • In the developed economies excluding Japan, rising inflation expectations will lift them further above the 2 percent target. This will limit the scope for further interest rate cuts.
    • But in Japan, rising inflation expectations will lift them up to the BoJ’s 2 percent target. This will remove the BoJ’s justification for its decades-long zero interest rate policy (ZIRP).
    • The normalisation of Japan’s monetary policy poses a big risk to stocks because Japan has been the main source of financial market liquidity, and thereby, of rising stock market valuations.
    • Hence, the biggest risk to US tech valuations comes from a rise in the Japanese real bond yield.
    • On a structural (1-2 year) time horizon though, it is highly likely that Japanese real yields will rise, causing a meaningful setback in stocks versus bonds, and especially the US superstar stocks.
    • But from a timing perspective, wait until the complexities of the price trends in USD/JPY and/or Nasdaq versus 30-year T-bond have reached the point of collapse that signalled previous reversals at the end of 2023 and the summer of 2024. You can monitor these indicators on our website.
    • Go tactically long copper.

    2024’s political Zeitgeist was encapsulated in what I have called the ‘3 I’s’: Incumbents punished for Inflation and Immigration.

    Incumbent governments were given a kicking by furious electorates who had suffered a huge drop in their standard of living. And it made not the slightest difference whether the incumbents were left-of-centre Democrats in the US, centrist Macronists in France, or right-of-centre Conservatives in the UK.

    In the case of excess immigration, the loss of well-being was feared. In the case of excess inflation, the loss of well-being was genuine. Yet since peaking in 2022 at close to 10 percent, inflation has plunged to the low-single digits. So, why is everybody still so angry?

    It’s Cumulative Inflation That Matters

    One of the main reasons that central banks target 2 percent inflation is that 2 percent is the highest rate of inflation that goes largely unnoticed. Going largely unnoticed, households and firms do not consciously factor sub-2 percent inflation into their price and wage setting processes. This prevents an ‘inflation spiral’ taking hold.

    The reason that sub-2 percent inflation goes largely unnoticed is that economic productivity also tends to rise at 1-2 percent. And to the extent that wages rise in line with productivity, people will not suffer a loss of purchasing power when prices rise at 2 percent or below. So, the inflation goes unnoticed.

    The thing that people notice and hate, is the cumulative loss of purchasing power when prices keep rising at above 2 percent.

    Telling people that inflation is back down in the low-single digits will not make them feel any better when they have just suffered a cumulative loss of purchasing power of 25 percent!

    It is this cumulative effect of past inflation that sets inflation expectations. As the charts in this report show, market expected 10-year inflation is nothing more than historic 10-year inflation (with a small tweak for the very recent inflation experience)

    But what about survey-based inflation expectations? The answer is that survey-based inflation expectations like the University of Michigan consumer survey of 5–10-year US inflation expectations also track delivered long-run inflation (albeit, plus a constant).

    Hence, to get cumulative inflation back to the 2 percent rate that is unnoticeable, inflation must fall below 2 percent to offset the post-pandemic period when inflation was running well above 2 percent. But as central banks are unlikely to take inflation much below 2 percent, inflation expectations – as a mathematical identity – will trend higher

    Put more simply, inflation expectations will trend higher because the post-pandemic noticeable inflation era will become a greater part of our collective experience compared with the pre-pandemic unnoticeable inflation era.

    Or, more precisely, inflation expectations will trend higher unless they cause a deflationary shock (or an exogenous deflationary shock arrives) that wrench them lower again. Such a shock might come from Japan.

    Japanese Inflation Expectations Are Approaching Mission Accomplished

    In the developed economies excluding Japan, rising inflation expectations will lift them further above the 2 percent target. This will limit the scope for further interest rate cuts, for two reasons. First, because it risks further un-anchoring those inflation expectations.

    Second, because it is the real bond yield that matters for the economy. If inflation expectations rise, then nominal bond yields must also rise to achieve a given real stance of monetary policy. This means that bond yields will trend higher until the shock arrives that wrenches them lower. In Japan though, rising inflation expectations will lift them up to the BoJ’s 2 percent target.

    Mission accomplished, it will remove the BoJ’s justification for its decades-long zero interest rate policy (ZIRP), especially with the real bond yield now deeply negative. It may sound perverse after decades of too low inflation, but once inflation is close to target, a deeply negative real bond yield risks taking Japanese inflation too high.

    The Normalisation Of Japan’s Monetary Policy Poses A Big Risk To Stocks

    The normalisation of Japan’s monetary policy poses a big risk to stocks because Japan has been the main source of financial market liquidity, and thereby, of rising stock market valuations.

    Through 2019-2022, the Nasdaq’s valuation (earnings yield) moved in perfect lockstep with the US real bond yield, as might be expected. But in late-2022, the Nasdaq’s valuation detached from the US real yield and attached to the world’s last remaining negative real bond yield – in Japan.

    Hence, through 2023-2024, the Nasdaq’s earnings yield has moved in near-perfect lockstep with the Japanese real bond yield. This means that the biggest risk to US tech valuations does not come from a rise in the US real bond yield. The biggest risk comes from a rise in the Japanese real bond yield. This also solves the seeming mystery as to why the US tech valuations have been largely unscathed by the recent surge in the US real bond yield. To reiterate, US tech valuations are not tracking the US real yield, they are tracking the Japanese real yield. US tech valuations have been largely unscathed because the Japanese real yield has not surged… yet.

    On a structural (1-2 year) time horizon though, it is highly likely that Japanese real yields will rise. This will end the major source of financial market liquidity that is behind the powerful yet narrow 2023-24 surge in stock market valuations. On this structural (1-2 year) time horizon therefore, I expect a meaningful setback in stocks versus bonds, and especially the US superstar stocks.

    But from a timing perspective, wait until the market has become too dovish on the BoJ and/or too bullish on the US superstar stocks. In other words, when the complexities of the price trends in USD/JPY and/or Nasdaq versus 30-year T-bond have reached the point of collapse that signalled previous reversals at the end of 2023 and the summer of 2024.

    These excellent timing indicators are not yet flashing red. The good news is that you can monitor them updated daily on our website.

    Go Tactically Long Copper

    Finally, relating to trend changes among the major investments and sectors we monitor, there is a tactical buying opportunity for copper.

    The recent sell-off in copper has reached the collapsed short-term complexity that has signaled stabilisations and rebounds through 2023-24.

    Tyler Durden
    Sun, 01/12/2025 – 18:40

  • Megyn Kelly Mocks Dems: "Hitler's Quite Charming When You Spend Time With Him
    Megyn Kelly Mocks Dems: “Hitler’s Quite Charming When You Spend Time With Him

    Authored by Steve Watson via Modernity.news,

    Conservative commentator Megyn Kelly noted how once again the Democrat narrative that President Trump is a dangerous threat to Democracy doesn’t jive with the way they act around him, after Obama was seen chatting and laughing with Trump at Jimmy Carter’s funeral.

    As we highlighted, the pair were seen sharing a cordial exchange after being seated together, with lip readers claiming that Trump asked Obama to meet somewhere quiet after the ceremony to discuss something important.

    “I want people to remember what former President Obama was saying about Trump, literally, in October, okay, three months ago,” Kelly noted adding that Obama claimed Trump “wants Hitler’s generals to take over, and he’s genuinely dangerous.”

    “Barack’s laughing, genuinely laughing, to where, like his body is shaking,” Kelly continued, commenting on the exchange between Obama and Trump.

    “Hitler’s so funny. Hitler’s quite charming when you spend time with him, one on one,” Kelly further quipped.

    Her guest Jesse Kelly commented, “Obama was the one who engineered the coup. He was the one who engineered the coup to get Joe Biden out of the White House. And not only did he engineer the coup to get Joe Biden out of the White House, he’s the one who vouched for Kamala Harris with his vast Donor Network, billionaire after billionaire after billionaire.”

    “He knifed Joe Biden in the ribs, shoved him out the back of the White House and then picked up the phone and organised $1.5 billion to be given to Kamala Harris for her campaign, where she proceeded to not only embarrass herself the entire time, she embarrassed him.” Kelly further urged.

    He further explained, “When you vouch for somebody with a bunch of billionaires and they flame out as badly as she flames out, well, he is not going to do that again. And without Barack Obama, without daddy Barack harrying her, Kamala Harris is never, ever, ever, ever, ever going to be able to launch a significant presidential run again in her life.”

    Watch:

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    Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

    Tyler Durden
    Sun, 01/12/2025 – 18:05

  • Coffee Timing Linked To Health Outcomes
    Coffee Timing Linked To Health Outcomes

    Authored by George Citroner via The Epoch Times (emphasis ours),

    What time you drink your coffee may be just as important as how much you drink.

    jkcDesign/Shutterstock

    According to new research, morning coffee drinkers had a significantly lower risk of death from cardiovascular disease and cancer compared to those who consumed coffee throughout the day.

    Impact on Mortality Risk

    The large-scale study, published in the European Heart Journal on Wednesday, tracked more than 40,000 adults for nearly a decade.

    Researchers found that there were two types of coffee drinkers: those who drank coffee only in the morning (36 percent of participants) and those who drank coffee throughout the day (about 15 percent).

    Premium coffee – full refund if not satisfied!

    Compared to people who did not drink coffee, morning coffee drinkers showed a 16 percent lower risk of death from all causes. The reduction in cardiovascular death risk was even more pronounced, with morning drinkers showing a 31 percent lower risk.

    In contrast, people who drank coffee all day had no significant reduction in death risk.

    Amount of Coffee We Drink Also Matters

    Researchers also discovered that the timing of coffee consumption affected the relationship between the amount of coffee people drank and their mortality risk.

    Among morning-type drinkers, both moderate (1 to 3 cups) and heavy (more than 3 cups) coffee drinkers had the highest reduction in mortality risk, with moderate drinkers benefitting slightly more.

    However, this benefit was not seen in coffee drinkers who drank coffee throughout the day. This suggests drinking your coffee in the morning is more beneficial for cardiovascular health and overall longevity than having it later in the day.

    Possible Mechanisms

    While the exact mechanism of how drinking coffee in the morning reduces the risk of death from cardiovascular disease remains unclear, afternoon or evening coffee consumption might disrupt circadian rhythms and melatonin levels, Dr. Lu Qi, lead researcher and professor at Tulane’s Celia Scott Weatherhead School of Public Health & Tropical Medicine, told The Epoch Times.

    These disruptions could affect cardiovascular risk factors like inflammation and blood pressure.

    Previous studies have shown drinking coffee is related to lower risk of mortality and risk of chronic diseases such as Type 2 diabetes and certain cancers,” Qi said. “Our study for the first time indicates that the time of coffee drinking matters regarding its beneficial effects, and drinking coffee in the morning only may strengthen the benefits.”

    Qi emphasized the importance of considering both the timing and amount of coffee intake when considering its effects on health outcomes.

    He added that further studies are needed to validate these findings in other populations and test the impact of changing coffee consumption timing.

    Tyler Durden
    Sun, 01/12/2025 – 17:30

  • Residents Of Argentina's Crime-Ridden Cities Welcome Milei's Gun Reform
    Residents Of Argentina’s Crime-Ridden Cities Welcome Milei’s Gun Reform

    Authored by Autumn Spredemann via The Epoch Times (emphasis ours),

    Argentine President Javier Milei’s decision to reduce the age of legal gun ownership from 21 to 18 has garnered support from the public. Many city residents say greater civilian access to firearms comes at a the right time for those living in crime-stricken streets and may signal a shift in the country’s attitude toward gun ownership.

    Argentine President Javier Milei attends a ceremony celebrating the 214th anniversary of the May Revolution, which marked the beginning of the country’s independence from Spain, in Cordoba, Argentina, May 25, 2024. Nicolas Aguilera, File/AP Photo

    Since 2007, Argentina has focused on voluntary civilian disarmament—which many Argentinians say this has helped criminals more than anyone else.

    Fabian Calle, a member of former President Mauricio Macri’s administration, told The Epoch Times Argentinians weren’t shocked when Milei lowered the age for legal firearms ownership. He said many people in Buenos Aires already carry guns due to high rates of violent crime.

    The people in Buenos Aires abide by the law of the strongest in the streets,” Calle said.

    Local media reports in 2024 noted spikes in homicide, robbery, and petty theft in Buenos Aires.

    This stands in contradiction to official figures released in August, which reported a 4.4 percent drop in the national homicide rates in the first half of 2024.

    Soft on Crime

    Some Argentinians don’t feel safe walking around Buenos Aires, a city that has witnessed a surge in poverty and homeless camps in recent years.

    The link between poverty and crime has been studied at length, with recent evidence suggesting fewer economic resources may influence or trigger criminal behavior.

    High unemployment, soaring inflation, and poverty were prevalent under the last administration of President Alberto Fernández, during which poverty levels surpassed 40 percent in some parts of the country.

    It’s a situation that Milei’s administration is still working to address amid sweeping economic reforms that has already cut thousands of government jobs and state spending by 30 percent.

    In December, Argentina’s Ministry of Human Capital stated that national poverty levels had been brought down to 49.9 percent from 54.9 percent in the first quarter of 2024. The agency attributed the high poverty rate to “the crisis left by the inflationary economic model of the previous administration.”

    Poverty in Argentina has reached 40 percent and homeless camps are a common sight in Buenos Aires on Aug. 5, 2022. Autumn Spredemann/The Epoch Times

    “You need to look over your shoulder more often now, there are so many people camping in the streets,” Buenos Aires resident Lucilla Martinez told The Epoch Times. “Even in tourist areas, they [homeless people] can be aggressive or start yelling if you don’t give them money.”

    Martinez believes public’s attitude toward firearms ownership is shifting away from the notion of less guns equals less gun crime, an ideology that was promoted by the previous administration.

    Much of this shift has to do with residents feeling less safe outside their homes, according to Martinez. She said she used to walk the last few blocks from the metro stop to her job in Palermo, but now takes a taxi the rest of the way.

    “It just doesn’t feel safe, even in some nicer places. I have a friend who was robbed outside a restaurant and it wasn’t even late [at night],” Martinez said.

    She thinks more people will want to carry registered firearms now that there’s less of a stigma around the issue under Milei’s leadership.

    So many regular people already own guns. They don’t say anything or others are afraid to get one because for years, we were told by politicians that more guns will mean more crime,” she said.

    Organized crime is another problem that’s on the rise in Argentina. This is exemplified in the city of Rosario in Santa Fe province, which has been a breeding ground for violent crime for years due to its position on the international narcotics smuggling route.

    At the same time, Calle said a lot of judges in Argentina are “soft on criminals,” who don’t end up spending much time in jail due to loopholes in the legal system.

    We have a society that is unarmed and protected with nothing,” Calle said, “But we have criminals that are protected by judges.”

    Part of this is due to the influence of organized crime on Argentina’s judicial system. The Global Organized Crime Index states that cartels hire professional killers to assassinate judges and some “operate from prisons and enjoy protection from politicians, judges, and deputies.”

    Consequently, Calle said Argentina has a growing number of criminals who are protected by judges who find ways for them to spend little to no time in jail.

    Another reason Argentinians support Milei’s move on lowering the age of gun ownership is the convoluted nature of the existing law, according to Calle. He pointed out that previously, you could go to war at age 18, but couldn’t purchase a legal firearm.

    In Argentina there are a lot the of laws about age that are confusing,“ he said. ”Argentinians can vote since they are 16 and they can go to war when they are 18. So you can vote, but can’t go to war. You can go to war, but you can’t own a gun.”

    Gun reform is something Milei was passionate about during his election campaign, earning him much criticism among his opposition.

    In a 2022 interview, Milei said, “I am in favor of the free carrying of weapons, definitely.” He added the prohibition of arms doesn’t stop criminals from using them and that the “expected profits” for criminals will only increase and result in more crime.

    Mateo Gonzalez, a Cordoba native and university student in Argentina’s second largest city, agrees with this assessment. He told The Epoch Times that violent crime in his hometown has gotten worse since 2019.

    “There are a lot of robberies here of businesses and homes. It got worse when inflation was over 100 percent,” Gonzalez said.

    When asked how he feels about being able to purchase a legal firearm now at age 20, Gonzalez said he and his family are a lot more open to the idea of gun ownership these days.

    “Criminals aren’t shy about using weapons against unarmed people. Having a gun may persuade bad people to go somewhere else,” he said.

    Though he’s open to the idea of having a firearm, Gonzalez said he’ll likely keep it at home to protect his family, and only if they agree.

    “That was a promise Milei made during his campaign. If criminals can get a gun very fast, then good people should also be able to get guns,” Calle said.

    Voluntary Disarmament

    Milei’s liberal approach to civilian gun ownership in Argentina stands in sharp contrast to previous initiatives established under former president and vice president Cristina Fernández de Kirchner.

    Kirchner was elected as Argentina’s first female president in 2007 after her husband, Nestor Kirchner, held the office since 2003.

    Former Argentine President Cristina Fernandez de Kirchner waves from the balcony of her political party’s office also known as Instituto Patria in Buenos Aires, Argentina, on Nov. 13, 2024. Fernandez de Kirchner has been convicted for corruption charges, the appeals court sentenced her to six years in prison while the former president of Argentina will not be elegible to hold public office. Tomas Cuesta/Getty Images

    The same year she was elected is when Congress passed law 26216, where legislators described the possession, purchase, and sale of firearms as a “national emergency.” Law 26216 also approved a voluntary civilian gun buyback program that earned high praise from the United Nations.

    Between 2007 and 2012, the state purchased an estimated 160,531 firearms from residents who willingly surrendered their guns for cash, according to a United Nations report. The going rate for a gun was between $45 and $140, depending on the type of weapon.

    Some researchers have pointed out that the timing of the celebrated gun buyback program came at a very convenient time for the Peronist party, which managed to concentrate power by 2007.

    In a 2008 article published in the Journal of Democracy, the authors noted that while both Kirchners’ administrations remained “fully democratic,” two key problems plagued Argentina at the time: weak political opposition to the renewed strength of Peronism and equally shaky federal institutions.

    Calle said ever since Milei began talking about the “free carrying” of weapons, left wing politicians and their supporters have painted an outcome of chaos and violence in the streets.

    He clarified that only authorized arms dealers or “armarias” will be allowed to sell legal firearms and there are also background checks, personal information requirements, and other steps needed to purchase a legal gun in Argentina.

    Leftists are trying to sell that it’s going to be bad or evil, disorder and people running around with guns in the streets,” Calle said.

    The last time the Peronist party modified Argentina’s gun laws to include more oversight and restrictions was in 1975. A military junta ousted the elected government and seized power the following year, enacting further controls on civilian firearms.

    Tyler Durden
    Sun, 01/12/2025 – 16:20

  • AP News Heavily Ratioed For Blaming Palisades Fire On Climate Change
    AP News Heavily Ratioed For Blaming Palisades Fire On Climate Change

    The Associated Press published an article titled “Climate Change Contributed to a Week of Wild Weather That Upended Life in the US,” which was heavily ratioed on X for blaming the Palisades Fire solely on “climate change.” 

    The journalist behind the article, Melina Walling, who uses the pronouns “she/her,” failed to mention arson reports and the alarming mismanagement of city fire resources by radical far-left Democrats in power, including Los Angeles Mayor Karen Bass and Gov. Gavin Newsom.

    “Climate change laid the groundwork for California’s megafires,” Walling wrote. 

    Walling’s selective reporting, aimed at drumming up climate anxieties among the public to further the left’s climate change agenda, is extraordinarily misleading. 

    She failed to mention in her coverage that the Palisades Fire spread so quickly because the Pacific Palisades reservoir, which was supposed to provide water to extinguish the fire, was completely empty. 

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    On top of this, she failed to mention the very existence of the countless arson reports. 

    On X, Walling’s article was pushed out by AP News’ account, where it was heavily ratioed on Saturday evening. 

    X users responded:

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    Here’s some FACTS to think about (via Alex Epstein from his post ‘Bad Forest Management, and Not Climate Change, is the Root Cause of California Fires‘):

    The solution to dangerous, out-of-control wildfires in California is addressing the root cause: ‘excess fuel load’ from bad forest management. Focusing on climate change, a minor variable that we ‘have no near-term control over, is a craven political ploy…

    [T]emperatures have risen 1 degree C in the last 150 years. Is it really possible that that amount of warming makes dangerous wildfires inevitable? No. … The negative effect of rising global temperatures on California wildfire susceptibility in particular is dubious because past centuries had far more fire-prone climates. The Palmer Drought Index shows only a slight increase in California drought since 1900.

    “Historical evidence shows us that prior to man-made CO2 emissions CA experienced regular ‘megadroughts‘ that could last over a century. The modern era has been very lush by comparison. Even if CA could lower global CO2 levels we could easily suffer a regional drought…

    The root cause of today’s wildfires is terrible forest management. Policymakers have prevented controlled burns, debris clearing, and logging — jacking up the ‘fuel load’ to incredibly dangerous levels. … The path forward is simple: focus on the main cause, forest management, which is totally within our control. Stop pretending that lowering CO2 levels would bring about some fire-free paradise–and that it is possible near-term. Stop mandating ‘unreliables.’ Decriminalise nuclear.”

    As Tom McClintock comments via The Wall Street Journal, bad forest and water management, misplaced priorities and price controls all played a role.

    The left blames a changing climate.

    But that doesn’t explain California’s long history with massive wildfires, or why fires became less threatening throughout most of the 20th century.

    We can find a more likely culprit in the states’ recent extreme environmental and social policies.

    Environmental leftists promised that laws such as the National Environmental Policy Act, the Wilderness Act and the Endangered Species Act would protect and improve the environment. Fifty years later we’re entitled to ask: How’s it going? Between 2012 and 2021, we lost a quarter of California’s forestland to wildfires. A UCLA study estimated that California’s 2020 fires released twice as much greenhouse gas into the atmosphere as had been prevented by the previous 18 years of primarily government-enforced restrictions.

    Fire is a condition of nature, but how we deal with it is a choice. The tragedy in Southern California is the result of decades of self-destructive policies made by foolish politicians. We can change the policies that got us into this mess by throwing out the politicians who made them. Let’s hope we do so before the next big fire.

    Selective reporting by Walling to further a far-left climate agenda (and providing cover for Democrats in the state) is why trust in media has crashed to record lows.

    Tyler Durden
    Sun, 01/12/2025 – 15:45

  • How The 'Bridge That Couldn't Be Built' Was Built
    How The ‘Bridge That Couldn’t Be Built’ Was Built

    Authored by Dustin Bass via The Epoch Times (emphasis ours),

    When John A. Roebling completed the Covington-Cincinnati Bridge in 1866, it was the longest suspension bridge in the world. Shortly after completing the bridge, which crossed the Ohio River, he was hired to design the Brooklyn Bridge. This bridge would surpass the length of the Covington-Cincinnati Bridge by a third. Roebling, unfortunately, would die before he could witness the construction of the New York City-based structure; but his son Washington and daughter-in-law Emily would complete the project in his stead.

    An October 1935 photo of the Golden Gate bridge, in the San Francisco Bay, during its construction. Construction began on Jan. 5, 1933 AFP/Getty Images

    Roebling’s influence was arguably most strongly felt by his immediate family and his legacy most attached to the Brooklyn Bridge. But approximately 25 years after his death, a young engineer would incidentally be influenced by Roebling and would directly extend the suspension bridge builder’s legacy to the other side of the country in San Francisco.

    Before Joseph Strauss graduated from the University of Cincinnati in 1892, he found himself in the hospital recovering from an illness. The 5-foot-3-inch class president and class poet had been placed in a hospital room with a view that would change the course of his life. Through the window, he could see the Covington-Cincinnati Bridge. The structure inspired him to pursue a career in bridge design.

    The Roebling Suspension Bridge in 1907. Public Domain

    During his graduation ceremony at the university, he professed his goal to build a railroad that would stretch across the Bering Strait. His goals were lofty, if not impossible, but it was this drive that would place him in the position to create “the bridge that couldn’t be built.”

    A Bridge Across the Strait

    The idea of a bridge that stretched across the Golden Gate Strait had been discussed for decades. It was first broached in 1872 by Charles Crocker, the railroad magnate who had been part of the “Big Four” to found Central Pacific Railroad. (Joshua Norton, the Gold Rush speculator who went bankrupt and then insane, is also credited with making the first calls for the bridge in 1869, though he was hardly taken seriously.)

    As the Bay Area population continued to grow exponentially over the final decades of the 19th century, a bridge across the strait seemed imperative. But the problems that faced engineers were many. The Pacific Ocean with its strong tides fed right into the strait, not to mention the consistent wind gusts that swept along the coast, and the city’s famous fog. Additionally, the San Andreas Fault lay seven miles off the city’s coastline, which could initiate devastating earthquakes, as citizens discovered in 1906.

    Ten years after the earthquake, the topic of the bridge was again broached in earnest. James H. Wilkins, an editor and publisher of a local newspaper, as well as a former structural engineer, began a campaign to promote the necessity of building the bridge.

    “In 1872,” he recalled, “I was present at a session of the Marin supervisors when Charles Crocker explained his plans, among which was a suspension bridge across the Golden Gate. Detailed plans and estimates for such a bridge were actually made by the Central Pacific engineers.

    But that was nearly 50 years prior, so new estimates were needed. Wilkins’s campaign caught the attention of Michael M. O‘Shaughnessy, the San Francisco city engineer. O’Shaughnessy began seeking the opinions of engineers. Their opinions were not positive. The price tag at $100 million was cost-prohibitive.

    Sounding the Strait

    Interest in the bridge remained, although it waned during World War I, as the country became involved shortly after Wilkins began his campaign. Toward the end of 1918, interest resumed. Richard Welch, a member of San Francisco’s Board of Supervisors, issued a request that Congress authorize a federal survey of the strait: specifically between the Presidio, located on the northern tip of the San Francisco peninsula, and the Marin Peninsula, on the northern side of the strait.

    Congress acquiesced to the request, and the USS Natoma, of the United States Coast and Geodetic Survey, conducted soundings of the area by the end of May 1920 and submitted its report.

    United States Coast and Geodetic Survey ship Natoma. Public Domain

    The report was submitted to O’Shaughnessy, who then reached out to three prominent bridge builders: Francis McMath, Gustav Lindenthal, and Strauss. In his letter to them, he wrote, “Everybody says it cannot be done and that it would cost over $100,000,000 if it could be done.”

    Lindenthal responded with a quote of $50 million to $60 million. McGrath did not respond. Strauss, after conversing with O’Shaughnessy, suggested it could be done for approximately $25 million.

    Strauss, Counties, and the War Dept.

    A statue of engineer Joseph B. Strauss, in front of the Golden Gate Bridge. Blanscape/Shutterstock

    By this time, Strauss had already become one of the country’s prominent bridge builders. He had begun his career as a draftsman for New Jersey Steel and Iron Company, then for Chicago’s Lassig Bridge and Iron Works Company. He worked with then arguably America’s greatest bridge builder, Ralph Modjeski. Strauss, however, wished to pursue the bascule bridge, which are drawbridges. In 1904, he founded Strauss Bascule Bridge Company and would go on to construct approximately 400 bridges.

    Considering his reputation, it was apparent Strauss knew something the others didn’t. Strauss was hired, but the process had only just begun, and construction was still more than a decade away.

    Entities were created, such as the Association of Bridging the Gate, which encompassed representatives from the surrounding counties. Their objective was to ensure that all counties were in favor of building the bridge and to gain permission from the state legislature to create a legal district, which would manage the entire process of building and maintaining the bridge and roadway. In May of 1923, the state congress passed the Golden Gate Bridge and Highway District Act of California, permitting the Association to create the aforementioned district, which was created in December 1928.

    The District was to have control over the project, but the Presidio was a U.S. Army outpost and was therefore under the jurisdiction of the U.S. War Department. In fact, both sides of the proposed locations for the bridge were under the Department’s jurisdiction, and for construction to be conducted, the District would need a federally issued permit. The concerns for the War Department was whether the bridge would hinder navigation and logistics, as well as whether the bridge could possibly become a blockade if it were ever destroyed. On Christmas Eve 1924, Secretary of War John Weeks issued a temporary permit.

    The representatives from Del Norte, Marin, San Francisco, Sonoma, and parts of Mendocino and Napa Counties made up the new Golden Gate Bridge and Highway District with Strauss as chief engineer. Strauss was bent on building “the biggest thing of its kind that a man could build,” and, as the preliminary issues fell into place, he would soon get that chance.

    Change of Plans

    Strauss added Charles Ellis, professor of structural and bridge engineering at the University of Illinois, to his team to update design plans and ensure structural integrity. Eventually, that relationship would sour to the point that Strauss relieved Ellis of his position. Ellis also received no credit from Strauss for his contributions.

    Before that relational fallout, however, Ellis played a pivotal role in developing the bridge and was relied upon heavily by Strauss. He, along with Leon Moisseiff, who had designed the Manhattan Bridge, provided reports on their concerns about Strauss’s proposed cantilever-suspension bridge. It seems it may have been as late as the summer of 1929 that Strauss decided to dispense with his cantilever-suspension bridge in favor of a suspension bridge.

    It appeared as though the Golden Gate project would soon be underway, but another catastrophe looked to sideline the project. Reminiscent of past decades, like the 1906 Earthquake and World War I, the Stock Market crashed on Oct. 29, 1929, eventually plunging the country into the Great Depression. Permits and plans were one thing, but having the people’s support for such an expensive project was another. The District decided to have the people vote on it.

    There had been opposition to the construction of the bridge for varying reasons from the likes of environmentalists and ferry operators, as well as engineers who believed the project unfeasible. The District put the $35 million bond issue before the voters. This bond required locals to use their business properties, farms, and homes as collateral. Despite the great personal risk required, on Nov. 4, 1930, the bond passed overwhelmingly: 145,057 to 46,954.

    Mitigating Risks

    During this period in major structure building history, there was the assumed risk of one fatality per $1 million. At $35 million, the District could expect approximately 35 job-related deaths. Strauss, however, desired to reverse this trend. Before construction began, he instituted new safety measures and gear, including glare-free goggles and mandatory hard hats, which were made similar to those worn by miners. Additionally, during the later stages of the bridge’s construction, he spent $130,000 to place a large net under the bridge to catch falling workers. In all, this net saved the lives of 19 men, who hailed themselves members of the “Halfway-to-Hell Club.” Eleven men died during the four-year project, 10 of whom died during a single accident when a 5-ton piece of scaffold fell through the net into the water.

    With the Great Depression in full swing by the time construction got underway, there was no shortage of men looking to join the major project, especially with its union pay far exceeding what could be found elsewhere. On Dec. 22, 1932, workers began constructing a 1,700-foot access road toward the Marin anchorage of the bridge.

    Photograph of the Golden Gate Bridge under construction, circa 1934, by Chas. M. Hiller. Library of Congress. Public Domain

    It was during this week in history, on Jan. 5, 1933, that construction began on the suspension bridge, which would famously become known as the Golden Gate Bridge. The first portion of the project was to remove 3.25 million cubic feet of dirt for the bridge’s two anchorages. Not including those anchorages, the bridge would weigh approximately 840 million pounds. Its highest peak above the water would reach 746 feet, and with its famous “International Orange” color, it proved visible even during foggy days. The bridge was suspended by 27,572 wires, altogether long enough to wrap around the globe more than three times. And, reminiscent of his initial Roebling inspiration and his personal determination, Strauss’s bridge held the title of the longest suspension bridge in the world for 27 years after its completion on May 27, 1937.

    The Golden Gate Bridge. Trevor Piper/Epoch Times

    Tyler Durden
    Sun, 01/12/2025 – 15:10

  • A Message To All Americans From Storm-Ravaged Western North Carolina
    A Message To All Americans From Storm-Ravaged Western North Carolina

    Jason Ward, with Valley Strong Relief—a non-profit organization focused on providing aid to thousands of residents displaced in Western North Carolina by Hurricane Helene—released a TikTok video discussing the horrors of the Palisades Fire raging in Los Angeles County. However, he asked one crucial question: “What about Appalachia?”

    Ward cited President Joe Biden’s recent X post: “The federal government will cover 100% of the cost of measures to protect lives and property in Southern California for six months.” Referring to the X post, Ward said, “I hope that happens.” 

    Ward then segues to the topic of forgotten and devastated Western North Carolina, asking, “What about Appalachia?”

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    We are 105 days in since one of the most devastating storms known to mankind. We are still supplying our own campers, shelters, while paying mortgages on piles of rubble. We are still running our own supply hubs for many people that lost everything, including homes and jobs. We still have bridges out – only four percent of the debris has been picked up. Many businesses are bankrupt, with insurance denying their claim,” he explained. 

    Ward continued, “We have a polar vortex slamming Western North Carolina, while people going through ten gallons of propane a night – wonder when they will be getting their next tank.” 

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    While the nation’s eyes are on the Palisades Fire, thousands of families are homeless, either spending cold nights in makeshift shelters, campers, tents, or, if they’re lucky, hotels and motels paid for by FEMA. 

    However, Fox News reported, “FEMA began notifying some families checked into hotel or motel rooms that they are no longer eligible for the program due to one of the following reasons: an inspection indicated their home is now habitable, they declined an inspection or FEMA has been unable to contact them to update their housing needs.” 

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    Local media outlet WLOS reported that more than 5,600 households were staying in hotel or motel rooms paid by FEMA (as of one week ago). 

    Appalachia deserves better than this.

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    California is getting all the federal assistance it needs but meanwhile the people of North Carolina are waiting in long lines for propane just so they can have some warmth in the donated RV’s they’re currently living in . This isn’t right!” one X user said. 

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    Army Lieutenant General Michael Flynn (Ret.) provided more color on the private supply hubs, helping thousands of families across the storm-devastated region. 

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    Biden and Mayorkas bankrupted FEMA to pay for illegal immigrant housing, and now American citizens who lost their homes in Hurricane Helene are essentially being told to screw,” Trump spokeswoman and incoming White House press secretary Karoline Leavitt told Fox News.

    Leavitt added: “This is unfair and arguably criminal. The good news is: President Trump will be back very soon to put Americans first again.

    Tyler Durden
    Sun, 01/12/2025 – 14:35

  • Why Was Pacific Palisades Reservoir Empty? It Gets Worse…
    Why Was Pacific Palisades Reservoir Empty? It Gets Worse…

    Authored by Victoria Taft via PJMedia.com,

    An empty reservoir and dry fire hydrants are now the symbols of California and local officials’ response to the horrific Pacific Palisades wildfire—one of six Santa Ana windblown firestorms still burning in Los Angeles. Gov. Gavin Newsom has ordered an investigation to demonstrate that he’s doing something, but the damage is being done right now. 

    The 117 million-gallon Santa Ynez Reservoir was empty and down for maintenance when the devastating fire was sparked, perhaps in the brush, between the homes and the Pacific Coast Highway. You can see a map of the area in my story Good Intentions Might Be the Cause of Devastating Palisades Fire

    Friday, officials confirmed that the reservoir had been down for nearly a year —closing in February 2024—for maintenance to the cover of the reservoir. 

    The New York Times reports that a contractor was hired in November to fix a crack in the cover. It is unclear why the reservoir had to be shut down for that extended period of time. 

    The ripple effect was beyond devastating. 

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    The fires broke out Tuesday, Jan. 7. By the next day, Janisse Quiñones, the head of the Los Angeles Department of Water and Power, said their system tanks went dry three times. You’ll want to remember that because the story is about to get worse. 

    We have three large water tanks, about a million gallons each. We ran out of water in the first tank at about 4:45 p.m. yesterday. We ran out of water in the second tank about 8:30 p.m. and the third tank about 3 a.m. this morning.

    She never mentioned the empty reservoir, though former DWP Commissioner and mayoral candidate Rick Caruso did say that “the reservoir” hadn’t been filled. He was right and righteously angry.  

    Firefighters complained that there was no water coming out of the hydrants. The fires burned uncontrollably. 

    In addition to the “investigation” by Newsom, the New York Times reported that the Department of Water and Power, whose job it is to fill the reservoirs, is looking into whether the empty Santa Ynez reservoir in Pacific Palisades made a difference in their fire response. We are not kidding. 

     See if you can spot a problem for the DWP in the Times’ piece.

    Water for the Pacific Palisades is fed by a 36-inch line that flows by gravity from the larger Stone Canyon Reservoir, said Marty Adams, a former general manager and chief engineer at the Los Angeles Department of Water and Power. That water line also fills the Santa Ynez Reservoir. 

    Water from the two reservoirs then sustain the water system for the Pacific Palisades, and also pump systems that fill storage tanks that feed higher-elevation homes in the neighborhood. It was unclear whether officials could have brought the reservoir back online before the fire, after forecasters began warning of dangerous wildfire conditions.

    Now, I’m no hydrologist or physicist, but wouldn’t water pressure be helped by having water in all the tanks and reservoirs? Am I missing something here? 

    But, what ho! We get an answer.

    Mr. Adams said an operational reservoir would have been helpful initially to more fully feed the water system in the area. But he also said it appeared that that reservoir and the tanks would have eventually been drained in a fire that was consuming so many homes at once. Municipal water systems are generally designed to sustain water loads for much smaller fires than what consumed Pacific Palisades. [emphasis added]

    Those are a lot of words to say that more water would have been helpful. 

    Speaking of not being a hydrologist, I looked up the latest state hydrology report because the global warming crowd desperately hopes to blame “climate change/catastrophe” for the fires. Yeah, well, that dog won’t hunt. 

    If you’re new here, from east to west Southern California, there’s desert, then mountains, then semi-arid land all the way to the ocean. While the media will tell you this is climate change, this is no change at all. This is the state of play in California all the time. However, California has received a surge in water in the last few years following a drought, but there have been no new reservoirs built to store water since the last one opened in 1979.

    According the latest hydrologist report, “Major flood control reservoirs are either near their respective top of conservation levels or below.” Precipitation has been slow in the first couple of weeks of the year, but the “The statewide accumulated precipitation to end of November 2024 was 5.22 inches, which is 132% of average.” The snowpack, which is also where water is stored, and Gavin Newsom lets flow out to the Pacific Ocean to “save” a bait fish, is growing. “The statewide average snow water equivalent (SWE) was 5.1 inches for December 1, which is 168% percent of normal and 19% of April 1 average.”

    In other words, there’s been precipitation — remember all those atmospheric rivers? — and if there were more storage there would be more water available for drinking and fighting fires. 

    I could go into the environmental rules that don’t allow much, if any, thinning in forests, road building, otherwise known as fire breaks, reservoir building, and preventative burning, which used to happen all the time to stop these conflagrations that the enviros like to blame on climate, but I do in my other stories. 

    Here’s Newsom touting full reservoirs in Southern California — though the one that counted was empty.

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    And here’s Newsom excitedly patting himself on the back because he removed dams (and reservoirs) to help tribal fish flows, but what about having enough water to drink and put out fires? 

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    In addition, California’s self-inflicted wounds continue as the state spends less money on necessities and more on the left’s luxury beliefs. If you’re paying some of your firefighters upwards of $700,000 then you can’t afford a lot of them, OK, L.A.? You’ll find the highest-paid public servants in L.A. here. 

    California’s profligacy has also caused homeless people to flock to the state. More than 50% of the fire responses are to homeless camps as I point out in my story What Started L.A.’s Firestorm? Hint: It’s Not ‘Climate Change.’

    Instead of kicking people out of their encampments so they don’t start fires, the response has been to look the other way and/or find someone shelter where druggies don’t want to go. 

    Homeless campers setting a fire destroyed part of an I-10 Freeway overpass in 2023. A mile-long stretch of freeway was closed and Newsom declared a state of emergency for L.A. County. 

    Voters have taxed themselves billions to “solve the homelessness problem.” But there’s virtually no accountability, as I wrote in this story headlined: No Wonder Gavin Newsom Didn’t Want an Audit to Track $24 Billion in Homeless Spending.

    In 2014, voters also taxed themselves billions to build more reservoirs. Environmentalists don’t want those either. 

    And the reservoir that counted this week was dry. 

    Tyler Durden
    Sun, 01/12/2025 – 14:00

  • Jobs Report And AI: "Basically, It's Garbage In, Garbage Out"
    Jobs Report And AI: “Basically, It’s Garbage In, Garbage Out”

    By Peter Tchir of Academy Securities

    Jobs and AI

    This isn’t about jobs that will be displaced by AI, or jobs that will be created by AI. It is a look at the job market today, the data, and some questions regarding AI on that subject. On Friday, we did a quick post-NFP Report – Look Out Above on Yields. It focused on how the strong data (and the NFP report was quite strong), coupled with growing concerns about the inability to force inflation lower, will keep the Fed on hold. But, as the day went on, after multiple conversations on the market reaction, and while preparing for some presentations next week, I couldn’t get one thought out of my mind:

    What if markets reacted so poorly because no one believes the data, but everyone believes that the Fed will need to react to the data?

    It is a simplification. It likely overstates that sentiment, but I think that there is something to it, so we will explore. This will lead us to some questions, and maybe some answers, but definitely some questions about AI.

    Geopolitical Outlook 2025

    If you missed Geopolitical Risks & Opportunities from Tuesday, I highly recommend giving it a quick read. We focus as much on the opportunities as the risks. With geopolitical risk at or near the top of everyone’s list of concerns for 2025, it seemed appropriate to highlight the opportunities. Being too pessimistic about risks might cause you to miss them. Yes, there is an irony about the T-Report warning you about being too pessimistic, but there you have it.

    We cover a range of topics beyond the usual suspects. Space and Cyber get some treatment through a national security lens. Shipping is an area where we were possibly at risk of being labeled “the boy who cried wolf,” but it is garnering longer conversations. “BRICS and Barter” is highly relevant as we expect to see some tariff and trade activity via executive order in the early days of Trump 2.0. Peace through Strength is an overriding theme, though not sure how Canada, Panama, Mexico, and Greenland feel about that.

    Back to Jobs

    After that brief geopolitical detour, let’s get back to the task at hand: understanding the jobs data.

    Bloomberg had estimates from 75 economists. This is not just a “handful” of estimates. It is a pretty robust sample size. All the big-name firms were in with their estimates. Some of the best independent firms were included in the survey. Bloomberg even takes the time to tabulate who the top 10 are at estimating the number (presumably using track records from prior estimates).

    This group of highly intelligent, motivated, and typically well-resourced survey respondents had an estimate of 165k for jobs. The top 10 did better (if better means getting closer to the published number) with an average of 186k. I often like to examine the most recent submissions (under the premise that they incorporate the latest data and therefore might be making more of an effort). 16 estimates were provided in the 2 days before the release and they averaged 174k, so a bit better (again, assuming coming closer to the published number is better), but still off.

    There was exactly 1 estimate higher than the published number. The Bloomberg Economics estimate is ranked 6th and was submitted 2 days before the release. There is some method to the madness of trying to qualitatively analyze the estimates.

    A whopping 98.7% of analysts had estimates below the official number.

    Not only were 74 out of 75 below the official data, but also only 5% of the estimates were above 200k. Think what you will about the dismal science, but I find it incredibly difficult to believe that so many really smart, organized, well-resourced, and well-intentioned estimates were all so wrong.

    It almost defies explanation that this many people could be so wrong – which gives rise, at least to me, that potentially the published number itself is inaccurate.

    ADP, which presumably has some good, real-time, real-world data, had a miss with only 126k jobs. Far fewer economists bother to estimate ADP, but the distribution looks far more normal with some a little high, some a little low, and a couple of outliers. This is a distribution of estimates that does not indicate gross incompetence. This is one takeaway (a cruel takeaway, and clearly not one that I believe in) from the NFP estimates.

    Some “Silly” T-Report Items

    In Messy, But Manageable, we highlighted two recurring thoughts on jobs data:

    1. Expect a strong Household Report because it was so bad recently relative to the Establishment Report (check the box on that one).
    2. The seasonal adjustments are off and add too many jobs every winter (including data during COVID and due to missing the shift in where construction occurs). We don’t know if we were correct on this assumption, but if we get downward revisions later in the year, we might try taking a small victory lap.

    These were two basic reasons why we thought we could see better than expected data. In that report, we highlighted that the “whisper” number was even lower than the official estimates (which might also explain the market reaction).

    We have written a lot about problems with the jobs reports over the years that go far beyond these simple issues. We’ve covered what we believe are flaws in how the Birth/Death model works in a “gig” economy, the low initial survey response rates, etc. Others are harping on these issues more and more.

    Which brings us back to where we started today’s piece.

    What if markets reacted so poorly because no one believes the data, but everyone believes that the Fed will need to react to the data?

    While not today’s topic, we’ve had similar discussions about inflation. It was so clear (to anyone who actually had to buy anything) that the official inflation data wasn’t capturing the extent of inflation in the real world. The “owners’ equivalent rent” was so far behind anything remotely representing timely transactions in the rent market, that it would have been laughable if it didn’t seem to shape Fed policy.

    The Fed is forced to rely on official data (hard not to given that it is an honest effort, and all that the mainstream media focuses on), but the data isn’t reflective of reality. Does that lead to policy mistakes?

    I’m not saying that is occurring, but I am saying that when 99% of people get something “wrong” maybe we should rethink the number itself and not their estimates.

    Instead of trying to evaluate if they did “better” in terms of guessing the actual number, we should be wondering if the number itself should be questioned. Ahhhh…now we can see where AI might come in handy.

    One Jobs Chart

    It would seem cruel to rant and rave about the “official” data possibly being wrong without providing at least one chart.

    I’ve been arguing (I think rationally, some might say hysterically) that the JOLTS Job Openings report is another one where the official data hasn’t caught up to how jobs are really advertised. The number of jobs available “coincidentally” seems much higher since on-line sites are now the primary tool for job searches. I am confident that it is not a coincidence, and that we aren’t accounting for how those platforms are used, hence the overstatement of jobs. But enough on that, I do think that the Hire and Quit rates are at least somewhat useful, particularly the Quit rate.

    We have argued that the QUIT rate is the closest thing that we have to “crowd sourced” data. People who decide to quit (or not quit) have a lot of information about their job prospects. They know themselves, their fields, and the current state of hiring in their fields. Presumably, they have a sense of geographic hot spots and their willingness to move there if necessary. A QUIT rate below 2% is something that we really only saw as we entered and slowly recovered from the GFC!

    I’m aware of the issues with identifying a couple of pieces of data (in a slew of data that I generally think is off), but I’m willing to live with that paradox. Also, in a similar vein, it is impossible not to point out that the HIRE rate is pretty abysmal too.

    AI and Jobs

    Could AI help get better jobs data? Presumably having good information (accurate and timely) on the labor market would be good for policy makers and decision makers at every level.

    As we ask that question, we probably need to assume that even if the BLS doesn’t use AI (and they might well use it), at least some of the survey respondents incorporate some amount of AI into their analysis.

    Let’s just for a moment assume that someone develops an AI-based tool that accurately analyzes the job market. Whatever this AI-based model spits out is the reality of the job market. Would it help or hurt you if it didn’t match the official data?

    From a trading perspective, over the short-term, I’m not sure how much help it would be to “know” the reality if everyone is going to trade off of the other number. Presumably over time, investors and corporations would benefit from having the actual data, even if policy is based on the potentially erroneous official data. Or would you just make “different” mistakes because policy doesn’t match what you prepared for? You would like to think that it has to help, but when we see downward revisions of a million jobs from the previous year, the market tends to shrug its proverbial shoulders. Is the dirty little secret that no one wants to go back and admit that decision after decision was made on bad data? Basically, admitting to garbage in, garbage out.

    I have no idea what the answer really is, but now I feel justified in not trying to build an AI system to calculate the real state of the job market since it wouldn’t help me anyways. Clearly, somewhat tongue in cheek, but makes you think, I hope.

    The corollary of this is if this jobs data is incorrect and will later be revised, but it is an input into your AI, are you getting useful answers?

    Applying more AI to the BLS process might be good. But it doesn’t fix things like the survey response rate. It just would attempt to potentially use it differently. Presumably “better” but how would we really know?

    If you thought this section on applying AI to jobs would be easy, you probably know more than I do about AI, but I cannot help but think it highlights two issues:

    • If you get an “answer” that people in charge don’t agree with, what did you accomplish (this seems like a second order effect, that some, but not all, can overcome).
    • If the “answer” is based on bad data, what good is it?

    I’m nervous that all I’m doing is exposing my still very limited understanding of AI, especially since it doesn’t correlate well with the massive rush we’ve seen to apply it to more and more questions using more and more data. Maybe the data and questions are valid, but I cannot help but wonder.

    Bottom Line

    Messy remains a theme. On rates, the 10-year at 4.76% seems like a screaming buy in my head and in my gut, but I cannot get there. I remain nervous for now and think that we proceed towards 5%.

    Equities will be choppy and will be negatively affected by higher yields, but the driving force will ultimately be understanding what policies Trump 2.0 prioritizes and how likely those policies are to get implemented.

    Credit supply will remain heavy, but spreads will remain well behaved.

    I started the report thinking that AI and Jobs were a perfect match, but now I’m less sure. Alternatively, I didn’t think that I’d agree as strongly with the view that the risk of making policy decisions on bad data is not only real, but it is also possibly starting to get priced into the market!

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    Alternatively, the official data might be accurate, and we might all be really bad at predicting it, and I’ve wasted your time with this report (though I highly suspect that is not the case).

    With wildfires and devastation raging in California it is extremely difficult to find a positive way to sign off today’s missive.

    Tyler Durden
    Sun, 01/12/2025 – 12:50

  • JPMorgan Chase Freezes Employee Comments Amid Return-To-Office Backlash
    JPMorgan Chase Freezes Employee Comments Amid Return-To-Office Backlash

    On Friday, JPMorgan Chase informed its 300,000 employees that the firm is poised to eradicate almost all work-from-home arrangements. The employee response was apparently so voluminous and negative that JPMorgan quickly blocked the comment feature on an in-house article explaining the policy change, the Wall Street Journal reports. 

    According to Friday’s memo from JPMorgan’s operating committee — Chairman/CEO Jamie Dimon and 14 other officers — hybrid schedules comprising a mix of days at home and days in the office will vanish in a matter of weeks:

    “Developing effective teams and maintaining a vibrant, healthy culture are clearly key for our success — and we believe best achieved through working together in person. This is why starting in March, we’ll be asking most employees currently on a hybrid schedule to return to the office five days a week…We know that some of you prefer a hybrid schedule and respectfully understand that not everyone will agree with this decision. We think it is the best way to run the company.”

    The executives said affected employees would be given 30 days notice before they’re expected to retire their workday pajamas and join their colleagues in JPMorgan offices. That wasn’t sufficient to head off a backlash, with employees venting via the article-comment feature on an in-house news site. In comments tied to their names, employees bemoaned the looming impact on their child-care and commuting expenses, or their work-life balance, according to the Wall Street Journal.

    At least one employee of the country’s largest lender brainstormed that the solution was to form a union to resist returning to the office. JPMorgan quickly turned off the comment feature, but left many of the already-posted comments intact. 

    JPMorgan’s Friday announcement is the latest step in the firm’s gradual extrication from Covid-era work-from-home arrangements. JPMorgan started bringing employees back to offices — at least on a partial basis — in June 2021. “[Work-from-home] doesn’t work for people who want to hustle, doesn’t work for culture, doesn’t work for idea generation,” Dimon told a conference in May of that year, throwing out a timeline that would prove inaccurate by more than three years: “By September it’ll look like just it did before. We are getting blowback about coming back internally, but that’s life.”

    Jamie Dimon and his wife Judith Kent at a White House state dinner for then-Chinese President Hu Jintao (Bloomberg via Getty Images)

    It wasn’t until 2023 that JPMorgan compelled all managing directors to come in five days a week, but it sounds like close to half of all employees are still spending some working hours at home. “As it stands, more than half of our workforce already comes into the office full-time,” JPMorgan leaders wrote in Friday’s internal announcement, which extolled the advantages of office working environments: 

    Tyler Durden
    Sun, 01/12/2025 – 12:15

  • Hedge Fund CIO: Trump Has Blown The Overton Window So Wide Open, Anything Seems Possible
    Hedge Fund CIO: Trump Has Blown The Overton Window So Wide Open, Anything Seems Possible

    By Eric Peters, CIO of One River Asset Management

    “Wayne, would you like to be governor of Canada?” asked Trump, speaking with his buddy Gretsky, tugging at the Overton Window with all his might. “MAKE GREENLAND GREAT AGAIN,” the President-Elect tweeted on Truth Social, sending his oldest son north with a box of red hats. He wouldn’t rule out taking the Panama Canal by force. And with each such suggestion, the window widened further.

    The Overton Window is a concept in political science and sociology that refers to the range of policies or ideas considered acceptable in public discourse at a given time. Like most things in life, I learned about it rather late.

    “We’re going to be changing the name of the Gulf of Mexico to the Gulf of America, which has a beautiful ring that covers a lot of territory, the Gulf of America. What a beautiful name,” Trump said at Mar-a-Lago, prying the window open so wide that nearly anything seems possible, plausible, probable.

    Say such things enough times, amplify the words using our AI-enabled social media machines, and presto, nothing’s shocking. But not only that, AI will soon converge with quantum computing.

    “The Willow processor performed a computation in under five minutes that would take one of today’s fastest supercomputers 10 septillion years. It lends credence to the notion that quantum computation occurs in many parallel universes, in line with the idea that we live in a multiverse,” wrote Google, presenting its latest breakthrough, cracking our perception of reality.

    As the window widens fully, not only is nothing impossible, but almost anything can seem reasonable. The right and left tails of every distribution lengthen and fatten. And we are left unanchored, adrift, in an endless sea of wild possibility, volatility.

    “I’m going to give you a report on drones about one day into the administration, because I think it’s ridiculous that they’re not telling you about what’s going on with the drones,” pledged the President-Elect. 

    Windows

    John Overton posited that ideas travel through stages, moving from being seen as extreme or unthinkable to becoming widely accepted and adopted as policy. Democracy was once considered unthinkable. Universal suffrage too. Emancipation. Most things that matter have traveled this path. Here are Overton’s six stages:

    • Unthinkable – outside of acceptable thought.
    • Radical – at the edge of discussion.
    • Acceptable – starting to gain traction.
    • Sensible – reasonable and widely discussed.
    • Popular – widely supported.
    • Policy – acted upon and implemented.

    Overton introduced this framework to describe how the feasibility of a policy idea depends not on its inherent merits but on whether it falls within the range of public acceptance. He argued that public policy is constrained by this “window” of acceptable ideas and politicians tend to stay within the window to maintain public support. But what was yesterday’s unthinkable can become tomorrow’s policy as the window widens, shifts left, or right. And what moves the window is naturally tied into one of life’s great mysteries, the superorganism we call humanity.

    Overton’s framework helps us make sense of society, markets too, risks, opportunities. I try to look at emerging investment themes through this lens. With each move of the window, power structures shift, capital flows adjust, new winners emerge, incumbents struggle or fail. The nimble survive, thrive. With such stakes, those with influence are desperate to guide the process. Politicians, propagandists, business leaders, religious leaders, union bosses, authors, artists, athletes, advocacy groups, lobbyists, social media influencers, and now AI.

    There was a time, not so long ago when it was radical or even unthinkable to call network news fake. No longer. And now we openly joke about Canada becoming our 51st state. Where that leads is anyone’s guess, but the window has widened. Greenland’s Prime Minister announced today that he’s ready to speak with Trump. I started trading in 1989 and never in that time has the Overton Window shifted this rapidly across so many dimensions. There’s no precedent for it in modern history. And this dynamic is becoming a new market fundamental.

    But it’s not just Trump. Javier Millei has thrown open an anti-statist libertarian window that had been nailed shut for as long as I’ve been alive. Argentina had the best performing stock market in the world last year. This is breathtaking change. And in roughly two short years, we went from the FTX apocalypse to serious talk of strategic sovereign Bitcoin reserves.

    That window is wide open. Intertwined with both Millei and Bitcoin is radical talk of sovereign insolvency throughout the western world. Before it’s over, make no mistake, we’ll be talking about massive entitlement cuts. But for today, that idea is stuck in the unthinkable stage.

    Tyler Durden
    Sun, 01/12/2025 – 11:40

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  • Technocracy, Fear-Mongers, & The Conspiracy
    Technocracy, Fear-Mongers, & The Conspiracy

    Authored by Bert Olivier via The Brownstone Institute,

    The term, ‘conspiracy theory’ became part of common parlance during the ‘Covid era,’ but although all of us know what it refers to – and who are supposed to be the ‘conspiracy theorists’ in question, namely those people who saw through the ‘pandemic’ scam and everything it entailed – the precise nature of the ‘conspiracy’ is probably less clear. When I ask individuals what they understand by it, they usually answer in more or less vague terms. So what is it? 

    In his bookHAARP: The Ultimate Weapon of the Conspiracy (2003) – followed in 2006 by Weather Warfare – Jerry Smith indicates the importance he attributes to the concept by capitalising it throughout. Smith relates it to what he regards as a weapon for warfare; to wit, the ‘High-frequency Active Auroral Research Program (HAARP),’ and uncovers what the powers behind this project would have preferred to remain undisclosed, for obvious reasons, once one is apprised of the reasons for its establishment by the ‘Conspiracy.’ Here I do not wish to delve into the specifics of HAARP, but merely focus on Smith’s illuminating insights as far as the ‘Conspiracy’ is concerned. His answer to the question about its ‘what?’ is scattered throughout the first of the two books mentioned earlier. Here are some excerpts (Smith, 2003, p. 22-24):  

    Some people believe that there is one over-arching conspiracy, a cadre of incredibly powerful people who want to rule the world. Most of us dismiss such people as paranoid kooks. Still, there is no denying that for over a hundred years a movement has been developing among the world’s top intellectuals, industrialists and ‘global villagers’ to end war and solve societal problems (like overpopulation, trade imbalances and environmental degradation) through the creation of a single world government. Whether this globalist movement is a diabolic ‘conspiracy’ of the evil few or a broad ‘consensus’ of the well-intentioned many, in fact matters little. It is as real as AIDS and potentially just as deadly, at least to our individual freedom, if not our very lives…

    To grasp why Smith employs the term ‘deadly’ with regard to the Conspiracy, one has to read the book, but here it is sufficient to point out that, if nations were to surrender their own sovereign right to deal with overpopulation, environmental problems, and so on, as they see fit – even if this were to be done in cooperation with international agencies – a ‘one solution for all’ system would mean that policies would be imposed on them which are not suitable, or acceptable, for their own needs.

    The idea of a ‘League of Nations’ that was floated after World War I was but one embodiment of this movement. Today’s United Nations (UN) was built on the League of Nations concept. The UN was created primarily to end war—by ending nations. The logic is that if there are no nations, then there can be no wars between nations. This was clearly stated in the United Nations’ ‘World Constitution’ with these words: ‘The age of nations must end. The governments of the nations have decided to order their separate sovereignties into one government to which they will surrender their arms.’

    While 18th-century thinker Immanuel Kant, would have applauded the aim of terminating wars between nations, he would certainly have been less enamoured of the idea that sovereign nations would have to relinquish their sovereignty in favour of a wholesale assimilation into an encompassing world government. His reasons were clearly stated in the second of the ‘Definitive Articles’ formulated in his essay on ‘Perpetual Peace:’ ‘The law of nations shall be founded on a federation of free states.’ For Kant this is essential for lasting peace, insofar as such a federation, where states would be subject to federal laws, is comparable to a state with a republican constitution, which is governed according to laws that are external to the (often disorderly) will(s) of citizens themselves. 

    Unless such a federation of nations (as opposed to a ‘state’ of nations, where all member states would comprise only one ‘nation of states’) were to be established, the rights of every member state would not be guaranteed, parallel to the way citizens’ rights are guaranteed in a republican state. In other words, every member state, together with its citizens, would be at the mercy of what the overall ‘world government’ decides. Particularly the words (in the excerpt, above), ‘to order their separate sovereignties into one government to which they will surrender their arms,’ sound outright ominous.

    The New World Order (NWO) is but one name given to this push to create a true world government. Many supporters of the NWO espouse a philosophy called technocracy, which is rule by experts, scientists or technicians. It is not democratic in any sense by which Americans understand the term. One very famous advocate of the New World Order is Zbigniew Brzezinski. He was a National Security Advisor to Jimmy Carter and other presidents. He called his version of technocracy ‘technetronics.’ In his book, ‘Between Two Ages,’ Brzezinski wrote: ‘The technetronic era involves the gradual appearance of a more controlled society. Such a society would be dominated by an elite, unrestrained by traditional values.’

    This ‘technetronic’ union of nations would call for the desovereignization of all existing countries. This new ordering would reduce the United States of America to a mere regional government—perhaps the ‘United States of North America.’ The North American Free Trade Agreement (NAFTA) is widely seen as one stepping stone to the NWO. Former Secretary of State Henry Kissinger was quoted by the Los Angeles Times Syndicate in 1993 as saying: ‘NAFTA represents the single most creative step towards a New World Order.’ The Common Market in Europe and the European Union (EU) are similarly seen as bridges to an eventual United States of Europe, which in turn would be just another region of the United Nations’ global state (or ‘global plantation’ as some detractors have called it).

    It is an understatement to claim that technocracy is ‘not democratic in any sense by which Americans [or anyone else; B.O.] understand the term.’ Strictly speaking, technocracy would go further than merely using technical means to govern people, such as surveillance equipment, water cannons, or armoured cars for crowd control, or tasers to neutralise resistance; in the true sense of the word technocracy, technical devices, such as AI-robots, would be the means of governance. 

    Even this does not go far enough, because it suggests that some other agents, presumably human, would be the true power behind the robots, whereas technocracy in the extreme or ‘pure’ sense would entail the autonomous power to rule of the robots themselves, such as the machines in James Cameron’s Terminator films, or the Cylons in Ronald D. Moore’s Battlestar Galactica. I need not point out that the valorisation of AI by members of the globalist cabal puts them squarely in the company of those who would welcome technocracy; in what capacity it is difficult to say. Would they go as far as to surrender human oversight and control to the machines? Sometimes Noah Juval Harari – Klaus Schwab’s advisor – seems to suggest that they would. 

    Seen in this light, it makes complete sense that Brzezinski is quoted as saying that the ‘technetronic era involves the gradual appearance of a more controlled society,’ which ‘would be dominated by an elite, unrestrained by traditional values.’ This is possibly the most important reason for ordinary people to resist the Conspiracy as characterised by Smith. Why? His use of the term ‘unrestrained’ to qualify ‘traditional values’ is symptomatic of an implicit belief that voluntary restraint on the part of people living in society is somehow undesirable, in contrast with which ‘restraint through being controlled’ by others – the so-called elites – is desirable. Keeping in mind that these ‘elites,’ minus any traditional values that function as guardrails within which civilisation develops, could foist just about any whim on people, who would presumably be ‘controlled’ in such a manner that they would have no say in the matter. 

    Does that sound familiar? Isn’t that precisely what one witnessed during the Covid era, and could justifiably expect to occur again if another event, not ‘restrained by traditional values,’ should be (ab)used to implement the same kind of controls as before? That this is no idle speculation is evident from a recent warning, issued by the high priest of the supposed ‘elites,’ Klaus Schwab himself, that climate change will be the ‘next big virus,’ accompanied by ‘restrictions worse than Covid.’ From the article one may gather that Smith’s depiction of the ‘Conspiracy’ – although in a different context – rings true where Schwab and the WEF are concerned: they prioritise control of ordinary mortals above everything else. Hence the usual pattern of disruption followed by severe measures of restriction. 

    Moreover, again as the article in question avers, Schwab habitually uses ‘veiled threats’ and ‘apocalyptic rhetoric to emphasize the need for global coordination, often promoting the centralization of power under elite institutions including the World Economic Forum.’ Unsurprisingly, the ‘crises’ that the ‘elites’ – that is, the Conspiracy – conjure up, are utilised as openings for them to strengthen and consolidate their control over the rest of us, predictably employing ‘fear-based programming, while reshaping society according to their vision.’  

    Another instance of the same old saw is encountered in the recent report of a WEF doctor – yes, they never stop, do they? – warning that avian flu, an outbreak of which is perceived as being imminent, has been estimated as capable of killing ‘52% of the population,’ simultaneously calling on the Biden administration to commence ‘a mass vaccination ‘campaign before President Donald Trump is sworn in next month.’ The most interesting thing here is the estimate, by the WHO, according to the doctor concerned, that ‘the mortality rate is 52%,’ reflecting a precision that boggles the mind, considering that the strain of bird flu regarded as being dangerous to humans has, as far as I can ascertain, not ever killed the number of people that allowed such a judgment to be made. 

    This does not mean that avian flu does not hold a significant threat for human beings, as I have argued before, but it is imperative to distinguish between deliberate fear-mongering and the real McCoy, lest one fall for precisely the kind of ruse they need to get lethal needles into arms.

    As may be gathered from the above – Smith’s observations about the ‘Conspiracy’ as well as the instances I have adduced to validate these – it is not at all far-fetched to claim that there are persuasive indications of the growth of organisations hellbent on the construction of a one-world government. Calling these, collectively speaking, the ‘Conspiracy’ – while perhaps sounding paranoid – makes sense to the degree that (as some of Smith’s observations show) such a projected government would not be willing to share democratic power with ordinary citizens; on the contrary, it would rule in a totalitarian fashion. This has already been abundantly demonstrated by events over the last five years, as well as ongoing occurrences of the kind I have referred to. 

    Tyler Durden
    Sat, 01/11/2025 – 23:20

  • Mainstream Media Ignoring Ethno-Religious Genocide Under Syria's New Rulers
    Mainstream Media Ignoring Ethno-Religious Genocide Under Syria’s New Rulers

    Mainstream Western media previously wrote several puff pieces on Hayat Tahrir al-Sham (HTS) and its US-designated terror leader Abu Mohammad al-Jolani in the wake of Assad’s ouster, but now that same media is completely ignoring the atrocities taking place under Jolani’s watch.

    Various armed allied groups of HTS are rampaging through the central and northern countryside, attacking Christians and Alawites, in a developing ethno-religious genocide. It has only been one month since Assad was overthrown.

    Via AFP/Al-Akhbar

    Initially HTS and other factions, which includes foreign groups such as Chechens and Uyghurs, rounded up individuals and tortured or executed them under the guise that they were former “Assad regime agents”.

    Now, according to regional reports, the jihadists are dropping even this pretense and are simply taking over Alawite villages. Serious problems and threats are also being reported in the historic ‘Valley of the Christians’ (or Wadi al-Nasara, which lies in Western Syria in Homs governate).

    Various locations have seen jihadists seeking to impose public segregation of the sexes, Islamic head-coverings, and blanket bans on alcohol… 

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    Below is a machine translated report from Lebanon’s major Al-Akhbar newspaper on some of the latest [emphasis ZH]…

    * * *

    Today, the villages of Hama’s northern and eastern countryside are witnessing liquidation operations based on identity. Local forces are not even using the excuse of saying that they are going after “regime remnants” or people who are “against the revolution” before ordering the killing.

    They are terrorizing the residents of the Alawite sect, and pressuring them to evacuate their homes, especially in some eastern villages affiliated with Salamiyah.

    This is changing the demographic face of this countryside and will continue so long as chaos continues and the new Syrian administration does not intervene to stop it. In the villages of Al-Zaghba, Mabatan, Maryoud, Al-Fanat and Ma’an in the eastern countryside, there are thefts and looting of property, while armed factions burn houses to ensure that residents do not return.

    A resident of Al-Zaghba village confirmed to Al-Akhbar that “the militants present in the village prevent the return of the homeowners, and if the purpose of returning is to check on the house or bring some items and necessities from it, then the residents enter at their own risk.”

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    The same scenario was repeated in the village of Maryoud, most of whose residents have been displaced. “The militants killed a civilian man from the village who returned to check on his house during the past two days. When we contacted the Commission to find out the affiliation of these killers, it responded that the area was outside the control of its factions.

    Tyler Durden
    Sat, 01/11/2025 – 22:45

  • FDA Mandates Nerve Damage Warnings For 2 RSV Vaccines
    FDA Mandates Nerve Damage Warnings For 2 RSV Vaccines

    Authored by Naveen Athrappully via The Epoch Times (emphasis ours),

    The U.S. Food and Drug Administration (FDA) ordered two respiratory syncytial virus (RSV) vaccine manufacturers to include a potentially paralytic side effect warning related to nerve damage on product labels.

    A man wearing facemask and shield walks past the Pfizer headquarters in New York, on March 11, 2021. Kena Betancur/AFP/Getty Images

    The manufacturers, GSK and Pfizer, manufacturing Arexvy and Abrysvo vaccines respectively, must now include a warning stating a risk of Guillain-Barre syndrome (GBS) following vaccination, according to a Jan. 7 statement from the agency.

    GBS is a rare disorder in which the immune system ends up damaging nerve cells, which leads to weakness in the muscles and potential near-total paralysis, depending on severity.

    RSV is a common respiratory virus that infects the throat, nose, and lungs, and typically spreads during fall and winter seasons. Infected people can experience symptoms similar to that of a common cold such as a runny nose, congestion, sneezing, and coughing.

    The FDA said the following statement is to be included in the Warnings and Precautions section of the two vaccines: “The results of a postmarketing observational study suggest an increased risk of Guillain-Barré syndrome during the 42 days following vaccination with Abrysvo” or with “Arexvy” for that vaccine.

    Arexvy is used by people aged 50 and older to deal with lower respiratory tract disease caused by RSV, while Abrysvo has been approved for use in adults aged 18 and above.

    Abrysvo is also used by pregnant women who are at 32 through 36 weeks of gestational age to protect infants from birth through six months of age.

    The labeling requirement follows an observational study conducted by the FDA.

    In the study, the agency found there was an “increased risk of GBS during the 42 days following vaccination, with an estimated 9 excess cases of GBS per million doses of Abrysvo, and an estimated 7 excess cases of GBS per million doses of Arexvy administered to individuals 65 years of age and older.”

    However, despite these results, the FDA determined that “the benefits of vaccination with Abrysvo and Arexvy continue to outweigh their risks.”

    According to the U.S. Centers for Disease Control and Prevention (CDC), early symptoms of GBS can include feelings of weakness and tingling.

    “People with GBS usually first feel these symptoms in both legs. Then, they might feel these symptoms in their arms and upper body,” it said. “Symptoms can progress over hours, days, or weeks.” The weakness keeps increasing until people are unable to use certain muscles.

    People with GBS need to be hospitalized,” the agency said. “Most people start to recover 2–3 weeks after symptoms start. Recovery may take as little as a few weeks or as long as a few years. Most people recover fully, but some have permanent nerve damage. Some people have died from GBS.”

    The Epoch Times reached out to GSK and Pfizer for comment.

    RSV Vaccine Usage and Risks

    The RSV vaccine label update comes as the overall respiratory illness activity in the United States is deemed to be at a “high” level, with RSV activity being “very high in many areas of the country, particularly in young children,” according to the CDC.

    Emergency department visits and hospitalizations are highest in children and hospitalizations are elevated among older adults in some areas.

    The agency recommends all babies be protected from RSV by either vaccinating mothers or by giving an antibody to the infant.

    Even if the mother is not at high risk for severe RSV, the vaccination is important since the pregnant woman will “pass the protection” to her baby, the CDC said. “It takes two weeks to develop protection (antibodies) and for protection to pass on to your baby.”

    This protection lasts for the first six months of the infant’s life “while they are at highest risk of severe RSV.”

    Pregnant women who have already taken an RSV vaccine during a previous pregnancy are not recommended to take it again. Instead, the baby should get nirsevimab, an antibody.

    CDC recommends antibodies to “all babies younger than eight months of age born to mothers who did not receive a maternal RSV vaccine (Pfizer’s Abrysvo) during pregnancy.”

    For older adults, the CDC advises vaccination for 60 to 74-year-olds who are at increased risk of severe RSV and for all individuals aged 75 and above.

    However, the agency warns that vaccination could result in certain adverse events. “Side effects such as pain, redness, and swelling where the shot is given, fatigue, fever, headache, nausea, diarrhea, and muscle or joint pain may occur after you get an RSV vaccine.”

    “These side effects are usually mild. Patients who have experienced these symptoms when getting other vaccines might be more likely to experience them after getting an RSV vaccine,” it said.

    Tyler Durden
    Sat, 01/11/2025 – 22:10

  • These Were The Most On-Time Airlines In 2024
    These Were The Most On-Time Airlines In 2024

    International air traffic increased steadily in 2024, with global demand growing 7.1% year-on-year as the aviation industry continues to recover post-pandemic.

    Amid this steady increase in passenger volume, punctuality has become more important than ever, distinguishing top-performing airlines from the rest.

    This graphic, via Visual Capitalist’s Kayla Zhu, shows the 10 airlines with the highest percentage of on-time arrivals in 2024 and their total number of flights. Data comes from Cirium.

    Which Airline was the Most Punctual in 2024?

    Below, we show the top 10 airlines by on-time arrival rate in 2024, along with their total flights last year.

    Aeroméxico tops the list with the highest on-time arrival rate at 86.7%, closely followed by Saudi Arabia’s flag carrier, Saudia, at 86.4%.

    Notably, two of Saudia’s most popular routes–Riyadh to Jeddah and Dubai to Riyadh–were among the top revenue-generating routes of 2023, according to OAG data.

    Delta Air Lines, one of the largest global carriers, maintains a strong on-time performance of 83.5%, despite operating over 1.7 million flights—one of the highest totals in Cirium’s rankings. The Atlanta-based airline also ranked as America’s most reliable airline in the first quarter of 2024.

    United Airlines, the largest airline in the world based on revenue passenger miles and another U.S. giant, achieved an 80.9% on-time arrival rate.

    However, United was the only U.S. airline that saw a drop in its American Customer Satisfaction Index rating last year, due to various safety incidents.

    To learn more about the international aviation industry, check out this graphic that visualizes the busiest international airports in the world.

    Tyler Durden
    Sat, 01/11/2025 – 21:35

  • Lawmakers Propose Amendment To Congressional Term Limits
    Lawmakers Propose Amendment To Congressional Term Limits

    Authored by Stacy Robinson via The Epoch Times (emphasis ours),

    Senator Ted Cruz (R-Texas) and Rep. Ralph Norman (R-S.C.) have introduced joint resolutions in the Senate and House respectively, calling for congressional term limits.

    The U.S. Capitol building grounds before the arrival of former President Jimmy Carter’s casket in Washington on Jan. 7, 2025. Madalina Vasiliu/The Epoch Times

    With the evident abuse of power that has taken place in Congress, the notion of term limits is basic common sense,” Norman said in an emailed statement.

    The amendment would limit House members to three terms of two years, and Senate members to two terms of six years.

    However, terms that began before the amendment’s ratification are not counted towards the total number. This has relevance for Cruz, who began a third term in the Senate this year.

    The Founding Fathers envisioned a government of citizen legislators who would serve for a few years and return home, not a government run by a small group of special interests and lifelong, permanently entrenched politicians who prey upon the brokenness of Washington to govern in a manner that is totally unaccountable to the American people,” Cruz said.

    The action currently has support in both chambers of Congress—11 senators and 29 members of the House—but it is no small feat to amend the U.S. Constitution.

    The amendment will require support from two-thirds of the House and of the Senate and agreement by three-fourths of states to be ratified.

    Cruz and Norman have repeatedly introduced term limits during their time in Congress.

    Cruz’s 2023 version of the bill did not make it out of committee.

    Norman’s House version was also voted down 17–19 in the House Judiciary Committee that same year.

    The vote was not entirely along party lines.

    Four Republicans—Reps. Harriet Hageman (Wyo.), Darrell Issa (Calif.), Tom McClintock (Calif.), and Scott Fitzgerald (Wis.)—sided with Democrats to kill the bill.

    At that time, Hageman told Fox News that she felt forcing term limits denied voters a choice.

    “We already have term limits, although we call them elections, and in the House, we have them every two years,” she said.

    You only have to look at the seat that I currently hold for the people of Wyoming to see that if voters are dissatisfied, they can always change horses.”

    She also said that long-term member experience may prove important during political battles with the other side of the aisle.

    The record for longest term in Congress goes to Michigan Democrat John Dingell, who served 59 years in the House of Representatives. Current Sens. Chuck Grassley (R-Iowa) and Mitch McConnell (R-Ky.) have also held onto their seats for decades. Grassley was elected in 1980 and McConnell in 1985.

    McConnell stepped down as leader of the Senate Republicans at the end of 2024 and has not yet publicly ruled out a 2026 run.

    Tyler Durden
    Sat, 01/11/2025 – 21:00

  • How Widespread Is Distrust Of Mainstream Media?
    How Widespread Is Distrust Of Mainstream Media?

    Distrust of the news is particularly widespread in the United States and France.

    As Statista’s Anna Fleck details below, according to a survey by Statista Consumer Insights, one in five respondents in each country said that they do not trust mainstream media.

    This is the highest share of the 21 countries polled.

    Spanish respondents were similarly skeptical, with 19 percent of respondents answering the same.

    As the chart shows, the Swiss are more convinced of their country’s journalistic integrity, with only 13 percent of respondents stating they distrusted Swiss mainstream media.

    Infographic: How Widespread Is Distrust of Mainstream Media? | Statista

    You will find more infographics at Statista

    Under one in ten respondents said they distrusted the news in China.

    Tyler Durden
    Sat, 01/11/2025 – 20:25

  • Palisades Fire Crisis Intensifies Ahead Of Windstorm Event Early Next Week
    Palisades Fire Crisis Intensifies Ahead Of Windstorm Event Early Next Week

    Update (2005ET):

     LA Times provided the latest on all four fires raging across the LA County area:

    Palisades Fire:

    Burned 22,660 acres and numerous homes, businesses and landmarks in Pacific Palisades and westward along Pacific Coast Highway, toward Malibu. As of 10:30 a.m. Saturday morning, the fire was 11% contained. Many parts of Pacific Palisades, Malibu, Santa Monica, Calabasas, Brentwood and Encino are under evacuation orders or warnings. More than 12,000 structures remain threatened. Officials estimate that more than 5,300 structures, including many homes, have been damaged or destroyed.

    Eaton Fire:

    Burned 13,956 acres and many structures in Altadena and Pasadena. Additional evacuation orders were mandated Thursday afternoon when fire climbed toward Mt. Wilson. Other mandatory evacuations were lifted as city officials notified residents in Glenoaks Canyon and Chevy Chase Canyon that it was safe to return to their homes. As of 8 a.m. Saturday morning, the fire was 15 % contained, on Friday, it was only at 3%. Officials say 7,000 structures have been damaged in the fire.

    Kenneth Fire:

    Burned 1,052 acres near the border of Los Angeles and Ventura counties. As of 8 a.m. Saturday morning, the fire was 80% contained, according to Cal Fire. All evacuation warnings have been lifted for the fire.

    Hurst Fire:

    Burned 779 acres in the area around Sylmar. Evacuation orders have been lifted. As of 8 a.m. Saturday, the fire was 76% contained, according to Cal Fire.

    Here are the latest LA Times headlines regarding the inferno: 

    • All-out aerial assault works to save homes in Brentwood, Encino as Palisades fire approaches

    • LA County Supervisor invites Trump to see fire damage

    • UCLA students on high alert, but not under evacuation orders

    • 1,680 National Guard troops now helping in fire zone

    • LADWP said 20% of fire hydrants sustained a loss of pressure

    • After faulty cell alerts during fire emergency, LA County overhauls its system

    • High winds, low humidity expected to fuel fires through Wednesday: ‘Not looking good’

    • Death toll from LA firestorms rises to 13

    Accuweather reported, “Santa Ana winds will pick up Saturday night into Sunday morning in Southern California, but a possibly strong wind event is coming early next week as wildfires continue.” 

    He’s not wrong. That’s why local elections matter. We suspect a political shift is on the horizon.

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    Good point. 

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    Apocalypse.

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    Via Daily Mail:

    Two men are said to have been caught on camera dumping gasoline and setting it alight immediately before the devastating Palisades fire broke out, DailyMail.com has learned exclusively.

    A resident of the ritzy celeb-packed area reported the video to a senior firefighter once the flames had started consuming the area.

    About that ‘climate change’ narrative pushed by far-left corporate media. 

    AI…

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    *   *   * 

    The Palisades Fire, Eaton Fire, Kenneth Fire, Hurst Fire, and Lidia Fire have scorched over 27,000 acres, destroyed 12,000 structures, claimed at least 11 lives, and evacuated more than 150,000 people. Containment for the two largest fires, the Palisades Fire and Eaton Fire, remains in the mid-to-high single digits. Evacuation orders were issued overnight for Mandeville Canyon as the Palisades Fire advanced toward the Interstate 405 freeway. 

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    Firefighters continued battling the Palisades, Eaton, and other fires. A red flag warning via the National Weather Service was still in effect in the early morning hours. 

    LA Times provides the latest on all five fires raging across the LA County area:

    Palisades Fire:

    Burned 21,317 acres and numerous homes, businesses and landmarks in Pacific Palisades and westward along Pacific Coast Highway, toward Malibu. As of 5 a.m. Friday morning, the fire was 8% contained, according to the California Department of Forestry and Fire Protection. On Friday night, officials upgraded an evacuation warning to a mandatory order from Sunset Boulevard north to Encino Reservoir, from the 405 Freeway west to Mandeville Canyon. New evacuation warnings were issued for areas to the east of the 405 Freeway, north of West Sunset Boulevard and south of Mulholland Drive, along with areas south of Ventura Boulevard and east of Louise Avenue in Encino.

    Eaton Fire:

    Burned 14,117 acres and many structures in Altadena and Pasadena. Additional evacuation orders were mandated Thursday afternoon when fire climbed toward Mt. Wilson. Other mandatory evacuations were lifted as city officials notified residents in Glenoaks Canyon and Chevy Chase Canyon that it was safe to return to their homes. Gov. Gavin Newsom posted on X on Friday morning that the fire was 3% contained as of 7:30 a.m.

    Kenneth fire:

    Burned 1,052 acres near the border of Los Angeles and Ventura counties. As of 6 a.m. Friday morning, the fire was 50% contained, according to Cal Fire. All evacuation warnings have been lifted for the fire.

    Hurst Fire:

    Burned 771 acres in the area around Sylmar. Evacuation orders have been lifted. As of 8 p.m. Thursday night, the fire was 70% contained, according to Cal Fire.

    Lidia Fire:

    Burned 394 acres in Acton and is 98% contained, according to Cal Fire.

    Fire Map (LA Times)

    The latest concern has been a large flare-up in the Palisades area that prompted new evacuation orders from Sunset Boulevard north to Encino Reservoir, and from the 405 Freeway west to Mandeville Canyon. This area includes Brentwood and the foothills of the San Fernando Valley. 

    LA Times warned: “The Palisades fire can now be seen across Los Angeles’ San Fernando Valley, an unsettling development as officials worried about the fire expanding into neighborhoods in Encino and Brentwood and possibly jumping the 405 freeway into Bel Air.” 

    Josh Sautter, president of the Encino Neighborhood Council, told the media outlet that the latest round of evacuation orders sent panic through the community. 

    “I don’t think that people here really saw that it was coming,” Sautter said, adding, “We didn’t think that it was something that would really affect us — until it did.”

    Here are the latest LA Times headlines regarding the inferno: 

    • Glow of Palisades fire seen across LA’s San Fernando Valley; swaths of Encino, Brentwood told to evacuate

    • Latest Palisades fire evacuation order sends shock wave through Encino

    • LA County declares health emergency due to smoke and ash

    • State to probe why Pacific Palisades reservoir was offline, empty when firestorm exploded

    • Newsom orders investigation into dry fire hydrants that hampered firefighting in LA.

    • Insurance commissioner issues moratorium on home policy cancellations in fire zones

    • ‘We don’t know half of it.’ LA firestorm death toll expected to rise as searchers go door to door

    Latest Zero Hedge headlines:

    Meanwhile, Gov. Gavin Newsom and LA Mayor Karen Bass find themselves in the hot seat as their own liberal voter base turns against them, blaming the radical politicians for the spread of fire due to their massive mismanagement of budgets. 

    A Fox News report found that Newsom slashed funding for wildfire and forest resilience by more than $100 million last year. He signed the budget covering the 2024-25 fiscal year in June. 

    Even the left-leaning USA Today reported that new budget documents showed the mayor reduced the Los Angeles Fire Department’s budget from $837 million in fiscal year 2024 to $819 million in fiscal year 2025. 

    In December, LAFD sent a report to the mayor and city council warning that ” these budgetary reductions have adversely affected the Department’s ability to maintain core operations.” 

    The destruction caused by the wildfires is about twice the size of Manhattan, and growing, and in our view, will be a political disaster for both Newsom and Bass. 

    Elon Musk wrote on X the huge loss of mansions across LA has primarily been a failure of Newsom and Bass…

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    On Friday evening, Newsom was trying to salvage his dumpster fire political career by inviting President-elect Donald Trump to California. 

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    Newsom also noted on X, “I am calling for an independent investigation into the loss of water pressure to local fire hydrants and the reported unavailability of water supplies from the Santa Ynez Reservoir.” 

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    Newsom is getting angry. 

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    Community Noted.

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    It’s not surprising at all that liberal Californians, including Hollywood elites, voted in Mayor Bass, a Marxist!

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    Local elections matter—what were you all thinking?

    Also, all of this proves that you can not rely on gov’t…. 

    Tyler Durden
    Sat, 01/11/2025 – 20:05

  • The Left's Ignoble Motives
    The Left’s Ignoble Motives

    Authored by Thaddeus McCotter via American Greatness,

    Having read his January 7th piece in American Greatness, “We Can Handle the Truth,” clearly Christopher Roach did a splendid job of employing a cinematic reference to tie together the U.S. and U.K. establishments’ mutual fear of telling their public the truth about terrorism and other criminal acts when the perpetrators are from a preferred intersectional group.

    Specifically, Mr. Roach deftly stated the case how the refusal by the authorities and the corporate media in the United States to call the murders in New Orleans a terrorist attack constitutes a refusal akin to that exhibited by the United Kingdom regarding the Pakistani rape gangs. Per Mr. Roach:

    There has been an even more aggressive media blackout in response to the horrifying rape gangs in the United Kingdom. For years, not only the media, but police, politicians, social workers, and other authorities downplayed the reality of these attacks, blamed victims, and did little to stop the rape of young, native British females by Pakistani immigrant gangs.

    Regarding such obfuscations and denials by the two nations’ leftist elites, Mr. Roach noted the role allegedly played by their fear of being accused of “racism”: “[I]n the modern West, whether in the United States or the United Kingdom, authorities are more afraid of being accused of racism than stopping terrorism and child rape.”

    To bolster this point, Mr. Roach cites British writer Tom Holland, a clear front-runner for the 2025 Walter Duranty Fake News Award:

    The true nightmare of #Rotherham is that the motives of those who turned a blind eye, however monstrous the consequences, were indeed noble.

    “It wasn’t the indifference that was noble, but the concern not to demonise a minority. Caring for the weak. The Christian thing . . . I think they genuinely didn’t want to give succour to racism against a minority—which was a noble principle.

    Yet, as is so often the case in dealing with the left, reality dictates otherwise. The left has ignoble motives—ones rooted in preserving and imposing their power over others and over their own deluded sense of superiority.

    As a rational matter, it is far more plausible to believe that the left is politically more concerned with keeping core minority voting blocs intact. Often, their paranoia and patronizing racism involve pushing policies that are detrimental to society, including minorities. Not surprisingly, such policies are unpopular to a great number of voters (such as the increasing number of Hispanic and other American minorities who oppose open borders, illegal immigration, and the politicians behind them).

    Consequently, when a member(s) of one of the left’s core minority voting blocs commits a terrorist and/or other criminal act, the governing elite will downplay it, often by obfuscating the perpetrator and their motives and/or covering it with a cloak of muted statements—except, of course, when they are blaming victims and attacking those who demand a more honest and effective response.

    Such despicable political tactics are aimed at insulating the governing elite’s solicitous, patronizing, and injurious policies purportedly offered to benefit said group from becoming publicly exposed, debated, and even more disfavored. For, if they are brought to light in the public square, it will doubtless cost them the votes and, ergo, elections. Thus, the governing elites do this not to protect the minority group from “racism.” The governing elites do this to protect themselves from voters. As Mr. Roach trenchantly avers: “This self-serving justification obscures that officials engaged in narrative control are often more concerned with avoiding embarrassment and accountability than any broader social goal.”

    Still, for the leftist political elites in both countries, there exists an even more powerful irrational motive for twisting reality to suit their aims. The left must perpetuate their self-delusion of moral and intellectual superiority at all costs—including if it requires obfuscating and minimizing the protection of children who are being raped or pedestrians who are being run down. For the left, there seems to be no price too high to pay for their inflated self-esteem—especially when they’re not the ones paying the tab. Indeed, such evasion of accountability is the genesis of the leftist governing elites’ myth of the “noble lie,” one that has attempted to sanitize recent weaponized deceits ranging from rape gangs to Russia-gate, ad nauseam.

    Ultimately, the left is not content with avoiding accountability for the consequences of their harmful policies and injurious ideological follies. They seek to be seen as the virtuous victims of those people demanding accountability. It is but a small step for them to take, considering how little regard the leftist governing elite in both nations have for the great mass of their populations.

    Unconscionably, both nations’ leftist governing elites fear the response of their own populations more than the terrorist and/or criminal actors. By projecting its own paranoiac contempt upon the rest of society, the left is perpetuating its self-deceit of superiority by victim-blaming and shaming.

    And that victim is you.

    In turn, this raises the question above all else that the leftist governing elites fear answering honestly: “Do you believe an oppressed minority is justified in committing a violent act against the racist, misogynistic, imperialist, inequitable, oppressive majority?” If you think the question far outré, remember what is being asked of people who knowingly refused to employ every means at their disposal—starting with the full truth, the whole truth, and nothing but the truth—to stop children from being raped or people from being murdered.

    After all, this is not what Mr. Holland offered but an irrational, ludicrous justification for an almost unimaginable ideological and moral failure, one along the lines that Walter Duranty scrawled when excusing Stalin’s crimes: “You can’t make an omelet without breaking eggs.” The toxic imbecility is staggering, and the verdict is damning. As Mr. Roach concludes:

    The leadership class has no respect for the West, its history, or its people. This is evidenced by their consistent desire to hide the truth and subject our most vulnerable citizens to horrific violence, lest we all “get the wrong idea.” They have forfeited their authority to rule because of their repeated refusal to treat us with candor and protect our most vulnerable citizens.

    Contrary to their prejudices, we can handle the truth.

    It is the leftist governing elites that cannot.

    Tyler Durden
    Sat, 01/11/2025 – 19:50

  • The Rise Of News 'Influencers' And Where They Can Be Found
    The Rise Of News ‘Influencers’ And Where They Can Be Found

    The 2024 presidential campaign that resulted in the re-election of Donald Trump was unique in many ways. One thing it demonstrated is the increased power that individual voices, first and foremost on social media, have in comparison to the actual “fourth power”, the news media.

    And it’s not just mega influencers like Elon Musk or Joe Rogan, people with tens of millions of followers on social media, who shape the political views of many, especially young people these days, but also thousands of smaller-scale news influencers.

    These are people with large social media followings, who regularly post about politics and current events but are, more often than not, unaffiliated with an actual news organization. As trust in news organization has eroded in recent years, news influencers have become more popular for those seeking independent voices outside the often-maligned “mainstream media”.

    As Statista’s Felix Richter shows in the chart below, according to a Pew Research Center report commissioned by the Pew-Knight Initiative, 21 percent of U.S. adults regularly get news from news influencers, with young adults significantly more likely to do so than older ones.

    Infographic: The Rise of News Influencers and Where They Can Be Found | Statista

    You will find more infographics at Statista

    37 percent of 18 to 29- year-olds regularly get news from influencers versus just 15 percent of 50 to 64-year-olds and 7 percent of those aged 65 and above. While it would be easy to assume that people mostly seek out news influencers who’s views closely align with their own, that doesn’t necessarily appear to be the case. According to Pew’s findings, 61 percent of those wo regularly get opinions from news influencers say that they see opinions they agree and disagree with about equally. 30 percent see mostly opinions they agree with, while very few (2 percent) mostly see opinions from influencers they disagree with.

    So why do people lean on news influencers to get informed? According to Pew, 65 percent of news influencer followers said that they helped them better understand current events and civic issues. More than 70 percent said that news influencers offered news that are extremely/very different (23 percent) or somewhat different (48 percent) from the news they get elsewhere.

    And one final aspect is likely trust: while the news media has lost trust in recent years, influencers have it in abundance, often built through years of social media “relationships” with their followers. What they often lack compared to traditional news outlets is an actual journalistic background, meaning that the trust they enjoy from their followers may not always be backed up by their actual understanding of often complex matters.

    As Statista’s chart shows, X (formerly Twitter) is the most popular platform among news influencers, with 85 percent of the 500 sampled influencers active on the platform acquired by Elon Musk in 2022. Instagram, YouTube and Facebook are also very commonly used, while TikTok is surprisingly far down the list with only 27 percent of the sampled influencers active on the platform.

    Tyler Durden
    Sat, 01/11/2025 – 19:15

  • Thacker Crushes Krugman, Trounces Tufecki As NYT Keeps Peddling Lies
    Thacker Crushes Krugman, Trounces Tufecki As NYT Keeps Peddling Lies

    Authored by former Congressional investigator Paul Thacker,

    I walked you through a couple examples of fact-challenged essays in the New York Times opinion page last month, but Wow! Two more incidents jumped to my attention soon after. I’m gonna march through these as well, to further impress upon readers of the need to be skeptical about what you read, especially if it’s in the New York Times.

    The first example is columnist Paul Krugman, the Princeton professor of economics who spent an entire year dismissing inflation, even though inflation was so terrible it likely explains why Trump won the presidential election. The second exemplar of Times silliness is columnist Zeynep Tufekci who fabricated science to support “masks work” dogma throughout the pandemic, and is now spitting out alternative facts about Trump’s pick to run the National Institutes of Health.

    Krugman won a Nobel Prize in 2008, but his fame rests on his decades-long tenure as celebrated truth teller columnist for the Times. However, truths told by Krugman are not always true. For the past year, running up into the election, Krugman has spun a fairy tale about the U.S. economy, professing in column after column that inflation is low. Krugman told these lies likely because these fibs bolstered the Democratic Party while they were locked in a tight race with Trump.

    Krugman has long shown a partisan streak, once making the delusional claim that Trump was under the control of Putin.

    But it seems politics has so deranged Krugman’s thinking that this Nobel Prize winner in economics will even write stupid things about economics.

    Before diving into Krugman’s economic nonsense, take a look this chart from the Congressional Budget Office which notes that inflation reached incredibly high levels during the Biden administration. Then ask yourself, “How could Krugman ignore these numbers?”

    Well, he did.

    Krugman started off 2024 proclaiming that “inflation isn’t nearly as bad as it feels” and continued to dismiss economic numbers right up through the election.

    Nonetheless, when media reported the actual inflation numbers, Krugman dismissed them as “partisan media” on May 3rd.

    He deployed the “partisan” claim again, four days later on May 7 because why not? Whenever the fact don’t fit, just mumble “partisan.”

    By June Krugman had become so delusional about inflation that he floated the silly argument that high inflation was a “false alarm” and the real concern was recession. “So it’s time to stop obsessing about inflation, which increasingly looks like yesterday’s problem,” Krugman wrote, “and start worrying about the possibility of a recession as the economy’s strength finally begins to erode under the strain of high interest rates.”

    When Trump pledged to “end inflation” last July, Krugman then spun up a fantasy tale in one of his columns:

    So Americans do know that inflation — the rate at which prices are rising — is way down. What is true is that we had a burst of inflation in 2021-22, which has left the level of prices considerably higher than it was a few years ago. A dollar doesn’t buy as much as it used to. On the other hand, American workers are taking home more dollars: Recent years have seen a surge in wages as well as in prices.

    Krugman followed up this baloney by cherry picking federal numbers to find one inflation report that fit his politics which he lauded as beautiful.

    “We’ve beaten inflation,” Krugman told Yahoo Finance in early August. “I mean when you take out sort of lagged effects of housing, most measures are pretty much at the Fed’s 2% target or at most a fraction of a percentage point above it.”

    Krugman’s crusade to dismiss inflation and high prices harming average Americans continued a few days later in this column praising Biden and alleging Kamala Harris was more trusted than Trump on the economy.

    But days before the election Krugman pivoted to warn that victory over inflation could be “squandered” if Donald Trump wins the presidency. This sudden twist, from downplaying inflation numbers during the Biden administration to projecting alarm over imaginary Trump inflation, pretty much reveals that campaign politics were driving Krugman’s columns.

    And then came the election, and guess what? The New York Times admitted that voters chose Trump because of inflation and high prices under Biden. But after confessing this, the Times ignored over a year of bullshit columns by Krugman denying that very inflation, and then allowed Krugman to double down on complaints about Trump.

    I’m serious, this is exactly what the New York Times did. Read it for yourself.

    In fact, Biden inflation was so bad, explained Johns Hopkins political economist David A. Steinberg, that high costs killed Kamala Harris’s presidential campaign and helped propel Trump into the White House.

    As is clear to anyone not blinded by political zealotry, inflation was really bad during the Biden administration. So bad that people voted for a Republican, despite a year-long campaign by Nobel Prize winning economist Paul Krugman to deny economic reality in the pages of America’s most powerful newspaper.

    Why the editors at the Times let Krugman get away with publishing this nonsense, I have no clue, but it’s rather obvious that accuracy is not important at the Times. Let’s take a look at the second example of lies splattered across the pages of the Times: columnist Zeynep Tufekci.

    Readers might remember Tufekci from her defamatory attack on the Cochrane mask review and lead author Tom Jefferson. After Cochrane published their latest mask review that found little evidence mask work to stop viruses in 2023, Tufekci went on the attack, alleging the evidence falls in the opposite direction: masks work.

    Granted, Tufekci’s advanced degrees are in film studies, not public health or medicine. But hey, New York Times. Who needs actual science when you can dash out an essay?

    Tufekci’s “masks work” column was not only rife with false scientific conclusions, she even lied about what people she interviewed told her. In one example, Tufekci claimed Michael Brown, one of Cochrane’s editors, did not support the Cochrane mask review when he had told her the complete opposite.

    “I didn’t agree with her,” Michael Brown told me of his interactions with Tufekci, “the way she then spun it: masks work.”

    It’s not that Tufekci doesn’t understand science; she doesn’t understand journalism ethics nor how to read and write accurately. And Tufekci pulled the same gambit in a November essay defaming Dr. Jay Bhattacharya, Trump’s nominee to run the NIH.

    In her column disparaging Bhattacharya, Tufekci made several false assertions, alleging for example that Bhattacharya had estimated COVID would only kill 20,000 to 40,000 Americans (he had actually written that up to 2 million might die). Tufekci also falsely asserted that a study by Bhattacharya grossly overestimated the number of Americans who had been sickened by the virus and recovered. (In fact, this study was published in a top journal and was replicated by other studies).

    Tufekci’s article was so riddled with mistakes that several scientists with real degrees in science sent a letter to the New York Times pointing out the errors and demanding that the Times abide by basic rules of journalism and issue a correction.

    But instead of correcting the errors the New York Times doubled down on their false assertions, making clear to readers that they have a political agenda to attack science and researchers they don’t like.

    But wait. It gets worse.

    After scientists sent the Times the letter noting Tufekci’s numerous errors, Tufekci hopped on X to attack Bhattacharya once again. In several posts, Tufekci argued that the real problem was not her blatant scientific mistakes, nor her defamatory attack on Bhattacharya.

    The real problem is that Bhattacharya is not “humble” and is part of a “personality cult.”

    This is what passes for journalism at the New York Times. I ask myself every day why I continue paying for a subscription to this mess of a paper. What do you think?

    Subscribe to The Disinformation Chronicle here…

    Tyler Durden
    Sat, 01/11/2025 – 18:40

  • Trump "Wants America To Win": Zuckerberg Warns Of "Emasculated" Society
    Trump “Wants America To Win”: Zuckerberg Warns Of “Emasculated” Society

    Authored by Nathan Worcester via The Epoch Tim,es,

    Meta founder Mark Zuckerberg appeared on actor and martial artist Joe Rogan’s podcast on Jan. 10, sparking interest days ahead of President-elect Donald Trump’s inauguration.

    The episode on “The Joe Rogan Experience” was aired just days after the tech founder announced his company was changing its moderation policy, replacing fact checkers with a less censorious system modeled on X’s Community Notes. He has also elevated Ultimate Fighting Championship CEO Dana White, a Trump and Rogan ally, to Meta’s board of directors.

    During the nearly three-hour episode, Zuckerberg and Rogan talked Trump, online censorship, the recent election, television versus. podcasts, and the emasculation of society.

    Trump ‘Wants America to Win’: Zuckerberg

    Zuckerberg praised Trump on Rogan’s program, drawing a contrast between his prospective leadership and how the Biden administration handled the tech industry.

    “I think he just wants America to win,” Zuckerberg said of Trump.

    He also voiced regret for complying with requests to censor content on ideological grounds, particularly content related to COVID-19 while the Biden administration was pushing for COVID-19 vaccine uptake. He traced the rise of ideological censorship online to Trump’s election in 2016, which came alongside Brexit, and to the 2020 pandemic.

    “We did generally defer to the government on some of these policies that in retrospect I probably wouldn’t, knowing what I know now,” he said.

    “These people from the Biden administration would call up our team and like scream at them and curse,” Zuckerberg said.

    The Facebook founder said that the United States should do more to defend its tech companies in other countries, citing legal actions by the European Union (EU) against Meta and other tech giants. He said the U.S. government had set the stage for other governments to intervene through its own approach to Meta and other firms.

    The Election Made a Mark

    Zuckerberg told Rogan that the 2024 election had affected Meta’s approach to content moderation.

    “The good thing about doing it after the election is you get to take this cultural pulse,” he said. “We try to have policies that reflect mainstream discourse.”

    Yet, he pushed back against claims that there was a particular significance to the timing, which coincides with other moves from Zuckerberg seemingly aimed at gaining support from the incoming administration—for example, Meta’s donation of $1 million to the Trump inaugural fund.

    “I try not to change our content rules right in the middle of an election either. There’s not like a good time to do this,” Zuckerberg said.

    Zuckerberg Talks Tradeoffs in Content Moderation

    The Meta CEO spoke about his company’s decision to shut down its fact-checking program in favor of an X-style system in which users generate notes and vote them up or down.

    He also drew attention to a related change—namely, the move to require more confidence from the company’s artificial intelligence-based systems before harmful content is removed.

    A Jan. 7 announcement from Meta suggested the current approach is producing too many false positives, leading to “the vast majority of the censorship on our platforms.”

    It stated that the systems will concentrate on “illegal and high-severity violations, like terrorism, child sexual exploitation, drugs, fraud, and scams” rather than the political content that was often flagged in the past.

    On Rogan’s program, Zuckerberg said that there was a tradeoff between precision and comprehensiveness. A more aggressive system for spotting drug-related content, for example, might catch more of that material while sweeping up many innocent posts in its dragnet. On the other hand, a more precise system might catch less of that targeted content while censoring fewer innocent posts.

    “We will maybe take down a smaller amount of the harmful content, but it will also mean that we’ll dramatically reduce the amount of people whose accounts were taken off for a mistake—which is just a terrible experience,” Zuckerberg said.

    ‘I Hated Doing TV’: Zuckerberg

    Zuckerberg discussed his early media appearances after founding Facebook in 2004 while a student at Harvard University. Like Microsoft founder Bill Gates, Zuckerberg dropped out of Harvard.

    “I hated doing TV,” he told Rogan. “I’d get super nervous.”

    He recalled that, as a college-aged techie, he was “good at coding” but “real bad at kind of like talking to people.”

    Zuckerberg said that the media outlets that hosted him would reduce his appearances to unflattering sound bites. He suggested that online podcasts succeed because they operate without those constraints.

    “On the Internet, there’s no reason to cut it to a four-minute sound bite,” he said.

    Rogan agreed.

    “Conversations are like a dance,” he said. “You kind of have to find the rhythm that you’re going to talk with, and then you have to actually be interested in what you’re talking about.”

    Zuckerberg Warns of ‘Neutered or Emasculated’ Society

    Zuckerberg also discussed his martial arts training. The Meta CEO practices Brazilian jiu-jitsu.

    “It definitely takes the edge off things. After a couple of hours doing that in the morning, it’s just like, yeah, it’s like nothing else that day is going to stress you out that much,” he said.

    Zuckerberg reflected on society as a whole, saying much of it has become “neutered or emasculated.”

    He said martial arts allows him to express himself in a way that isn’t possible as the CEO of a large company, comparing the visuals of him fighting favorably to the brief sound bites he can provide through TV interviews.

    “When people see me competing in this sport, they say, ‘Oh, no, that’s the real Mark,’” he said.

    Tyler Durden
    Sat, 01/11/2025 – 17:30

  • Small-Town America "Fights Back" In Court Against Globalists Who Flooded Their Town With Haitians
    Small-Town America “Fights Back” In Court Against Globalists Who Flooded Their Town With Haitians

    A resident of Charleroi, Pennsylvania, who was among the first to draw national attention to the massive influx of Haitian migrants into his small town, is now locked in a legal battle with a local food packaging plant that employs primarily migrants from the third world. Eyes on Charleroi first appeared when President-elect Donald Trump highlighted the town’s staggering 2,000% surge in its migrant population before the presidential elections. The resident is also planning a class-action lawsuit on behalf of hundreds of residents, demanding accountability from those responsible for the migrant invasion. 

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    Local media outlet Pennsylvania Record reports the lawyer of Andrew Armbruster, a resident of Charleroi, filed Pennsylvania’s new anti-SLAPP law, a measure that gives defendants, in some instances, the opportunity to evade litigation. This is regarding a defamation lawsuit filed against Armbruster by the Charleroi business Fourth Street Foods

    “SLAPP stands for strategic lawsuits against public participation, and anti-SLAPP laws give defendants a First Amendment argument,” Pennsylvania Record’s John O’Brien wrote.

    The motion stated that Fourth Street Foods owner David Barbe filed the lawsuit against Armbruster primarily to suppress protected public expression.

    Armbruster’s rights to speak to public issues, community members, and prevailing wages without ever being accused of mentioning ‘Dave Barbe’ are an incredible encroachment on everyone in Charleroi’s right to free expression on public matters,” the motion said. 

    The motion continued, “Not only are they chilled from speaking about Mr. Barbe, by this lawsuit they are chilled from mentioning the hiring practices of a local employer.”

    Readers might recall in September. We had the first boots on the ground in the small town outside Pittsburgh – down the street from Nemacolin, investigating staffing companies that were feeding Haitians like cattle into local factories.

    Wow. 

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    Libs of TikTok covered our on-the-ground reporting.

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    And this.

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    Pennsylvania Record noted, “After Barbe sued Armbruster, Armbruster reiterated his claims in the Charleroi Rambler and said he was organizing a class action lawsuit on behalf of the citizens and workers of the town.” 

    Armbruster posted on Facebook

    I have taken it upon myself to say enough and to fight back.  I am organizing a Class Action Lawsuit against Fourth Street Foods and its ownership on behalf of the citizens and workers of Charleroi.  I wrote a draft of the lawsuit and printed petitions for residents to register as claimants.  I have collected several hundred participants in a few short days, and the reception to the lawsuit has been exceedingly positive. My goal is to make Americans aware that we don’t have to accept being Displaced & Replaced by the open border policy of the current federal administration.  We can and will FIGHT BACK! DM me for additional details or to join the Class Action Lawsuit.

    Charleroi residents are furious… 

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    Armbruster’s planned class-action lawsuit could be one of the first instances in which small towns across America fight back in the court system against those responsible for globalist open-border policies that flooded their towns with migrants and led to the ‘Great Job Replacement‘ of blue-collar workers. 

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    For the politicians and companies that still can’t read the room after the presidential election: “America First.” Let’s remind you that a majority of Americans gave Trump a mandate to prioritize taxpaying citizens first—not third-world migrants.

    Tyler Durden
    Sat, 01/11/2025 – 16:55

  • House Passes Bill To Protect Israeli PM Netanyahu From ICC Prosecution
    House Passes Bill To Protect Israeli PM Netanyahu From ICC Prosecution

    Authored by Kyle Anzalone via The Libertarian Institute, 

    One of the first acts of the Republican-led 119th Congress was to pass a bill that would sanction officials attempting to arrest or investigate Israeli Prime Minister Benjamin Netanyahu. The Israeli leader is wanted by the International Criminal Court for war crimes committed in Gaza.

    The “Illegitimate Court Counteraction Act” passed on Thursday in a 243 to 140 vote, with 45 Democrats joining the majority of Republicans. Rep. Thomas Massie was the only member of the GOP caucus not to vote in favor of the bill.

    Via EPA

    “The US House did only one thing today. We passed a bill to protect Israeli PM Netanyahu from the International Criminal Court. I voted present,” Massie explained on X. “The ICC has no authority over the United States, but we should not get involved in disputes between other countries. Focus on [the US]!

    The legislation was co-sponsored by Rep. Chip Roy (R-TX) and Florida Republican Brian Mast, who is a veteran of the Israeli Defense Forces. The two lawmakers prioritized the bill as a show of support for Tel Aviv, and AIPAC has called on lawmakers to vote in favor of the measure.

    If signed into law, the bill would impose sanctions on the ICC over “any effort to investigate, arrest, detain or prosecute any protected person of the United States and its allies.” The sanctions include prohibiting US property transactions and blocking and revoking visas.

    Senate Majority Leader John Thune (R-SC) said he plans to bring the bill to a floor vote in the upper chamber. A number of Senate Democrats have also voiced support for the legislation, though Sen. Jeanne Shaheen, the ranking Democrat on the Senate Foreign Relations Committee, said some in her party were “looking at whether there’s an opportunity to offer an alternative” to the bill.

    The ICC issued an arrest warrant for Netanyahu and former Israeli Defense Minister Yoav Gallant after ample evidence emerged that the IDF was conducting a war of extermination against the Palestinians in Gaza.

    The Israeli onslaught in Gaza has been aided by Washington, with the Joe Biden administration providing Israel with $22 billion in military aid during the first year of the genocide. Last week, Biden approved a final arms sale to Tel Aviv that includes many of the missiles, bombs, and artillery shells that have been used to devastate Gaza.

    Still, many Republicans in Washington have criticized Biden for not giving Israel enough support.

    Tyler Durden
    Sat, 01/11/2025 – 16:20

  • Trump To Sign Around 100 Executive Orders Upon Taking Office
    Trump To Sign Around 100 Executive Orders Upon Taking Office

    President-elect Donald Trump will sign around 100 executive orders as soon as he takes office, according to Sen. Markwayne Mullin (R-OK).

    President-elect Donald Trump speaks to the media as Sen. Shelley Moore Capito (R-W.Va.) and Senate Majority Leader John Thune (R-S.D.) look on at the U.S. Capitol in Washington on Jan. 8, 2025. Tasos Katopodis/Getty Images

    Mullin did not go into details, however Trump has previously said he would sign a variety of border and immigration-related EOs following his second inauguration, including a national emergency over illegal immigration – and rolling back ‘climate agenda’ regulations surrounding drilling for oil and natural gas.

    I will sign Day One orders to end all Biden restrictions on energy production, terminate his insane electric vehicle mandate, cancel his natural gas export ban, reopen ANWR in Alaska—the biggest site, potentially anywhere in the world—and declare a national energy emergency,” Trump said in December.

    According to Trump transition spokeswoman Karoline Leavitt, “The American people can bank on President Trump using his executive power on day one to deliver on the promises he made to them on the campaign trail.

    Bloomberg reports that Trump will put a hiring freeze on the government, and mandate that federal employees return to the office for in-person work, a position pushed by billionaire Elon Musk as part of the newly formed Department of Government Efficiency (DOGE).

    In recent weeks, the Trump team has been working behind-the-scenes to make sure its initial months are as productive as possible. While chief of staff Susie Wiles has said she views the first 100 days as an artificial metric, she and the entire Trump team see the first two years — before midterm elections could imperil Republican majorities in the House and Senate — as the best opportunity for the term-limited incoming president to achieve his sweeping goals. –Bloomberg

    That said, as Mullin noted further in an appearance on Fox & Friends, EOs can easily be undone by future administrations.

    “As he said, it’s not permanent,” said Mullin. “I would like reconciliation so we can start making this stuff into legislation, so we can move forward.”

    “The president was very clear, he wants results,” Mullin continued. “He said he can wait if we can do one big, beautiful bill. He’d like to have one big, beautiful, beautiful bill. But if the House were to get bogged down, maybe we have to divide it up in two.”

    As the Epoch Times notes, the senator was making reference to comments made by Trump this week after he met with Republicans in Washington.
    “I think there’s a lot of talk about two [bills], and there’s a lot of talk about one (bill), but it doesn’t matter,” Trump told reporters.

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    “The end result is the same,” he said, adding that his meeting with GOP lawmakers showed the party is ”unified.”

    Mullin added that Republicans need to “deliver for the American people on securing the border, on energy independence, on getting the regulations rolled back and making sure that we have taxes that are permanent, so we don’t have a $4 trillion tax increase on the American people right now.”

    Tyler Durden
    Sat, 01/11/2025 – 15:45

  • Why More Americans Are Turning To Holistic Health Care
    Why More Americans Are Turning To Holistic Health Care

    Authored by Maggie Miller via RealClearHealth,

    A significant shift is underway in American healthcare as more people embrace alternative therapies that focus on identifying and addressing the root causes of health issues. This transition, often referred to as “root cause medicine,” represents a departure from traditional reactive medical practices toward a preventative and holistic approach. A movement that is expected to expand in 2025.

    According to a JAMA study, 37% of adults sought alternative treatments such as acupuncture, yoga, and specialized diagnostic testing —a sharp rise from just 19% two decades ago. This movement is also gaining traction among patients of all ages, particularly those over 55, as they seek to age gracefully and optimize their long-term health. Another study published in Gerontology and Geriatric Medicine shows that more Americans 55 and up are seeking a holistic or alternative medicine route and many times are not telling their doctor.

    Doctor Mitchell Ghen, a Florida-based holistic health doctor, has noticed this shift over the past few decades but believes that those numbers are not representative of the number of people using alternative medicine. He said, “I am a little bit surprised it’s 1/3 that’s doing it I would’ve thought it would be closer to 50%. Over time, people have that recognition that something’s not right, you can’t fix something unless you address the underlying issue and the underlying biochemistry that’s awry in the first place.”

    A Growing Awareness

    Experts attribute the shift to increased awareness of holistic health. “There’s a lot more knowledge now about mental health, physical health, and gut health,” Adam El- Hosseiny, COO of Access Medical Labs explains. “People want to age healthfully, not just treat symptoms when they arise. They’re choosing preventative care over reactive solutions.”

    Social media has played a pivotal role in exposing people to alternative options. Platforms like Instagram and TikTok feature influencers and healthcare professionals sharing insights into how diet, mindfulness, and personalized diagnostics can help address chronic issues. However, as Dr. Mitch, a practitioner with over 40 years of experience, noted, the trend also reflects growing dissatisfaction with conventional medicine. “Patients are tired of rushed appointments and being prescribed medications without understanding the underlying issue,” he said. “Many are seeking answers that traditional medicine doesn’t always provide.”

    The COVID-19 pandemic further accelerated interest in holistic health, as many Americans became hyper-aware of their physical and mental well-being. With lingering health issues like long COVID and increased stress levels, patients began to demand deeper insights into their health. The pandemic served as a wake-up call, prompting people to prioritize preventative care and explore alternative therapies that could enhance their immune systems, energy levels, and overall resilience.

    Addressing Gaps in Traditional Care

    Traditional medicine often relies on an “if-then” model: if you have a symptom, then you’re prescribed a medication. While effective for acute conditions, this approach falls short. “Nutrients, vitamins, and minerals drive the body’s energy cycle. Medications aren’t part of that cycle—they treat symptoms but rarely fix the root problem,” Dr. Mitch said.

    This narrow focus leaves patients searching for more comprehensive solutions. “Unless you dive deeply into an individual’s biochemistry, it’s nearly impossible to fully understand what’s going on,” Dr. Mitch explained. For example, he pointed out that fatigue and brain fog—common complaints among patients—are often overlooked in routine checkups. Standard bloodwork might not flag deficiencies or hormonal imbalances that could explain these symptoms.

    Moreover, the structure of conventional healthcare often limits doctors to short, transactional appointments. “Most doctors have only 10 to 15 minutes per patient,” Dr. Mitch said. “That’s not enough time to ask the right questions, let alone uncover deeper issues.” This time constraint often leads to a cycle of trial-and-error treatments, leaving patients frustrated and seeking alternative solutions.

    The Holistic Approach

    Facilities like Access Medical Labs offer a new perspective, combining advanced diagnostics with a focus on whole-body health. Their testing panels go beyond standard bloodwork, analyzing everything from hormones and food sensitivities to heavy metals and thyroid function. These tests aim to uncover the root causes of common complaints such as fatigue, brain fog, and digestive issues.

     “People are shocked when they discover foods they eat daily are causing fatigue or bloating. Eliminating those foods often leads to improved energy and mental clarity,” El-Hosseiny said. Comprehensive testing also extends to evaluating environmental allergens, nutrient levels, and even autonomic nervous system functionality, providing a detailed map of a patient’s health.

    A Preventative Paradigm

    Root cause medicine also emphasizes preventative care. For individuals over 55, this means conducting a comprehensive health evaluation akin to inspecting every part of an antique car. “You wouldn’t just check the engine—you’d inspect the entire vehicle to ensure it runs optimally,” El- Hosseiny explained. “You can’t reverse your chronological age, but you can age optimally. People want to look good longer, feel good longer, and ultimately achieve longevity.

    Holistic health advocates stress that their approach isn’t meant to replace traditional medicine but to complement it. By broadening the lens and addressing blind spots in conventional care, root cause medicine empowers patients to take control of their health and longevity. “This isn’t about dismissing traditional care,” Dr. Mitch clarified. “It’s about enhancing it and taking healthcare to the next level.”

    Technology Driving the Shift

    Advanced laboratory technology has also played a crucial role in making root cause medicine more accessible and efficient. Some laboratories, like Access Medical Labs, use automation to ensure faster turnaround times and minimize human error. “Our automation not only speeds up testing—delivering results in 24 hours compared to the industry’s 7 to 10 day average—but also improves accuracy by reducing the chance of mistakes,” shared El- Hosseiny.

    These advancements have made comprehensive testing less invasive and more patient-friendly. Access Medical Labs requires 50% less blood than traditional methods, a convenience appreciated by both patients and physicians. El-Hosseiny shared, “If people are going to get a needle in their arm, they want it done as quickly and painlessly as possible.” Access Medical Labs has had to expand its infrastructure to keep up with demand in testing.

    The Future of Healthcare

    As holistic practices become more mainstream, the healthcare system needs to become more integrated— combining the strengths of traditional medicine with the preventative and personalized focus of root cause care. “People are waking up to the idea that health isn’t just about treating symptoms,” Dr. Mitch said. “It’s about understanding the body as a whole, addressing the underlying issues, and living a better, longer life.”

    Maggie Miller is a Real Clear contributor. Maggie is a former news anchor and reporter in New York and Alabama. She is a graduate of the University of Florida.

    Tyler Durden
    Sat, 01/11/2025 – 15:10

  • Ukraine Captures Injured North Korean Soldiers In Russia, Zelensky Shares Photos
    Ukraine Captures Injured North Korean Soldiers In Russia, Zelensky Shares Photos

    Ukraine President Volodymyr Zelensky has announced Saturday that his military has captured two North Korean soldiers fighting on the Russian side in the Kursk region, which is believed to be a first such instance.

    He said that after the foreign troops’ capture, the men were taken to Kyiv be interrogated by the Security Service of Ukraine (SSU), also known as SBU – and receive treatment as they are wounded.

    “This was not an easy task: Russian forces and other North Korean military personnel usually execute their wounded to erase any evidence of North Korea’s involvement in the war against Ukraine,” Zelensky said on X.

    Zelensky further said he authorized the SBU to give reporters access to the two POWs because the “world needs to know the truth about what is happening.”

    Ukraine, the Pentagon, and South Korean intelligence all estimated that North Korea has sent at least 10,000 of its troops to assist Russia. Zelensky has said this makes clear there is an ‘axis’ of countries fighting against Ukraine.

    So far it is believed these foreign units have remained in Russia’s Kursk region to help push back Ukraine’s cross-border offensive there, which has held territory since early August.

    It was in early November that Ukraine’s military reported the first direct clashes on the field of battle with North Korean troops.

    “Ukrainian officials said on Monday that their forces had fired at North Korean soldiers in combat for the first time since their deployment by Russia to its western Kursk region,” FT wrote during the first week of November.

    The publication had characterized that instance as “the first direct intervention by a foreign army since Russia’s full-scale invasion” as well as constituting an expansion of “what was already the largest land war in Europe since the second world war.”

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    The Kremlin has pointed to the legitimacy of the defense pact inked between Presidents Putin and Kim Jong Un in Pyongyang this past summer. This came after Kim visited Russia’s far east, and reportedly inspected aerial and space centers. 

    Currently there are reports that Moscow plans to help North Korea with advanced space and satellite technology, something being closely monitored by Western intelligence services.

    Tyler Durden
    Sat, 01/11/2025 – 14:35

  • Richmond And Los Angeles Have Been Mugged By Reality
    Richmond And Los Angeles Have Been Mugged By Reality

    Authored by Rob Smith via RealClearMarkets,

    Windsor Farms is a beautiful residential neighborhood in Richmond. My great uncle developed it 100 years ago. The streets are laid out in the style of an English village and there are many stately Georgian homes with beautiful gardens.

    During the George Floyd “Summer of Love” antifa and Black Lives Matter marched through Windsor Farms, no doubt to protest against “nice stuff,” preferring everyone to live in graffiti ridden squalor as a measurement of social justice fairness.  I wrote at the time that if any of these Georgian mansions were given to any of these neo-Marxist protestors, within 6 months all the windows in the house would be busted out, there would be broken glass and 3-foot-high grass in the front yard, and the mechanical systems would all be trashed.  The same is true with a city. Give these types of people the keys to any city and in short order, the city, just like the free house, will be destroyed. They are incapable of taking care of anything.

    Here in Richmond, we just went through nearly 3 days with no municipal water. Now, we have to go through 2-3 days of not being allowed to drink the water coming from our taps.  Several hundred thousand people in a major metropolitan area with hospitals, manufacturing plants, universities, nursing homes, and millions of square feet of office space had no water. It’s third world. Our race hustling, low IQ Marxist mayor hired a DEI candidate to run the Department of Utilities, the first time ever a non-engineer held that post. Her major initiative was hiring other DEI candidates to work for Public Utilities. Incompetent boobs, hire other incompetent boobs and before you know it, there are more boobs than the runway at the Bada-Bing.

    Los Angeles is burning down. The government incompetence there is extraordinary. LA has its own DEI problems. Its fire chief was hired because she is an outspoken lesbian. Her initiative has been to hire more women and LGBTQ firefighters. Yep, I want a 99 lb mentally ill woman who thinks she’s man pulling me out of a burning fire! Who wouldn’t?

    I’ve been known to be unabashedly blunt, but of course always right. DEI is the process of hiring simple minded knaves at the expense of competent and qualified artisans. Worse, it instills a sense of unearned entitlement in those who “Didn’t Earn It.” It is a cancer metastasizing through the ranks of work forces given grave responsibilities, and it spreads to the point where no one in an organization has the work ethic or skill to change a light bulb. 

    As bad as DEI is, what’s worse is the political class that initiates DEI policies. There should never ever be any reason to vote anybody into office that has not had a career in real world practicalities. Community activists, academics, government apparatchiks, non-profit do-gooders, clinicians, blah, blah, they generally know nothing other than the au courant platitudes of the bougie Bolshevik chattering class. In Richmond, 8 of our 9 council members are women, and the one man is a soy boy. Have any of these folks ever crawled under a house to fix a leaky pipe, changed the oil in a car, operated earth moving equipment or walked a police officer’s beat at 2 am in the morning? Have any of them started a business from the ground up and hired and fired dozens of employees? No. Yesterday, I ran into my friend Frank. He runs a small independent HVAC company. Frank understands how things work. Cities need guys like Frank to run them as opposed to purple haired social justice Sallyboys. 

    When I was fresh out of law school, my real estate mentor hired me to build a subdivision. I had to learn to read plans, to know how sanitary and  storm sewer systems worked, where the run off went, how it was tested,  where the water came from, fire hydrants, water pressure, gas pipe lines, underground power, soil compaction, emergency contingencies and a host of other real world matters that I likely never would have learned had I become a practicing lawyer or an academic. I’m not special, there are thousands of local people who know everything about these real-world issues. Yet, no one on our city council knows anything about such matters because they are political activists, academics or lifelong government hacks. They are talkers and not doers. Just about anybody I know who runs a business could have taken a tour of Richmond’s water treatment plant and immediately noticed the lack of emergency redundancies and the peril the city was in, but soft hands politicians can’t because they’ve never done anything in the practical world. There are no Franks.

    If It’s even possible to be more brain dead than the politicians running Richmond, the prize goes to California. Every advanced civilization from the ancient Minoans ( 2,000 BC) to modern times knows that to have an adequate water supply, communities need to impound water. I learned how to do this developing real estate. Every civil engineer and earth moving operator recognizes that to have a plentiful water supply, water must be captured and held in storage. But the political leadership in California doesn’t have a clue. California has plentiful and abundant water resources, but what does it do? It lets its water run off into the Pacific Ocean instead of impounding it. Now Los Angeles is burning to the ground. Fire hydrants have no water.  There are more than enough resources to make millions of acres of barren land fertile and to give communities all the water they need to fight forest fires and keep land from drying out. But the deranged, brainwashed, wacko politicians refuse. It’s better to have half of LA destroyed than to “harm the environment” by using California’s natural resources to make its environment better. No Frank would ever think like this in a million years.

    If politicians were more like Frank they might know something about forestry. My family owned timberland as did many others I knew growing up. California owns a million acres of forest land, and they do the exact opposite of what all private owners do to be protect the value of their land. Any tobacco spitting, shotgun toting good ole boy knows what these government flunkies don’t.  One has to cut fire roads through timberland. Good stewardship requires “thinning” of underbrush. Brush needs to be cleared under electrical lines and limbs need to be cut back from power lines. If not, you get forest fires.

    How in the world does the City of Richmond not know that crucial infrastructure needs a budgeted sinking fund for maintenance and that a water treatment plant needs multiple redundancies that need efficacy checks on a weekly basis? How is it that California does not know that it needs to impound water and manage its forest land? The astounding incompetence is mind blowing. Isn’t it high time to judge woke politicians not by their words, but by what they do? As Forrest Gump famously said, stupid is as stupid does.

    Frank doesn’t have a PHD in Gender Studies. He’s never participated in a pro-Palestinian rally. He doesn’t even drive an EV, but he’s a hell of a lot more capable of running a city than the flunkies running Richmond and California.

    Robert C. Smith is Managing Partner of Chartwell Capital Advisors, a senior fellow at the Parkview Institute, and likes to opine on the Rob Is Right Podcast and Webpage.

    Tyler Durden
    Sat, 01/11/2025 – 14:00

  • Bird Flu Cases Detected Across Delmarva Poultry Industry
    Bird Flu Cases Detected Across Delmarva Poultry Industry

    On Friday, the Maryland Department of Agriculture revealed that a highly pathogenic H5N1 avian influenza (HPAI) case was detected at a commercial broiler chicken operation in Caroline County

    Caroline County, on Maryland’s Eastern Shore, just south of Washington, DC, is situated in the Delmarva poultry industry, one of the largest chicken operations in the US. It’s a multi-billion dollar chicken industry that covers commercial broilers in Maryland, Virginia, and Delaware.

    This marks the first case of H5N1 at a Maryland commercial poultry operation since 2023 and the third commercial operation in the Delmarva region in the last 30 days when two Kent County, DE returned positive results,” Maryland Department of Agriculture wrote in a press release. 

    On X, the Maryland Farm Bureau posted a biosecurity warning to the Delmarva poultry industry, showing areas where HPAI has already been confirmed. 

    The USDA’s Animal and Plant Health Inspection Service website, featuring the “Wild Bird Avian Influenza Surveillance” platform, shows that bird flu has become a nationwide headache for commercial broiler operations over the past few years.

    The virus seriously threatens poultry operations across the Delmarva area and may force farms to begin culling flocks, devastating farmers’ livelihoods and the industry.

    Consumers are already seeing the negative effects of farms culling flocks as the nation’s egg production has fallen, sending egg prices through the roof. 

    What a mess. This underscores just how fragile the nation’s food supply chain really is. People need to get back to basics and secure their local food sources, whether tapping local farms or, building a chicken coop, buying a cow, or planting a garden. Better to be safe than deal with out-of-control grocery bills, or worse, no food on store shelves, like folks are finding out with eggs

    Also, the bird flu virus appears to have mutated in the first severe human case. The World Health Organization stated last week that the risk from H5N1 avian influenza remains low.

    Meanwhile, in the new documentary “Thank You, Dr. Fauci” …

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    bird flu will likely be the next pandemic.

    Tyler Durden
    Sat, 01/11/2025 – 13:25

  • We Were Censored By Meta; We're Taking Them To The Supreme Court
    We Were Censored By Meta; We’re Taking Them To The Supreme Court

    Authored by Mary Holland via RealClearPolitics,

    The headline from Politico’s “Playbook” would have been unthinkable eight years ago: “Meta sends Trump a friend request.”

    After all, Meta’s founder, Mark Zuckerberg, is a political lightning rod in conservative political circles, especially after the $300 million worth of “Zuckerbucks” spent during the 2020 election to elect like-minded politicians.

    Yet lately, Zuckerberg has been singing a much different tune. He referred to President-elect Trump as “badass,” visited him at Mar-a-Lago, and donated one million dollars to his inaugural fund. This week, Meta made news by adding Dana White, a longtime Trump ally and head of the Ultimate Fighting Championship (UFC), to its board of directors.

    Then came the real bombshell: Meta ended its so-called “independent fact-checking program,” ostensibly lifting restrictions on speech across Facebook, as well as their other platforms like Instagram and WhatsApp. In doing so, Zuckerberg admitted the current content moderation practices – in place since criticism of his platform during the 2016 presidential election – have “gone too far” and stressed a commitment to “restoring free expression.”

    Make no mistake: Meta’s “independent fact-checkers” are neither independent nor fact-based. Their elimination is a positive step and should be encouraged. The announcement came less than 24 hours after the organization I lead – the nonprofit Children’s Health Defense – asked the U.S. Supreme Court to hear our censorship lawsuit against Meta.

    But if Meta is serious about supporting “free expression,” they have a lot of work to do – and it requires more than moving workers from California to Texas, as Zuckerberg also pledged to do.

    During the COVID-19 pandemic, Meta not only censored our posts – many having to do with topics that the so-called medical “experts” like Dr. Anthony Fauci were dead wrong about – but outright kicked us off the platform without warning. Meta first took action against CHD in May 2019, from takedowns and restrictions to an outright ban in August 2022 that is still in effect. What were our offenses? Simply publishing data on the risks of COVID vaccines, Remdesivir, and ventilation, as well as having the temerity to raise the benefits of natural immunity and alternative treatment with ivermectin and other protocols.

    An unfettered discussion of all these issues would have saved lives. We knew that many of the government’s promises – on items like the pandemic’s origin and the best way to treat symptoms and prevent its spread – were not grounded in “science” as they claimed but political imperatives from the Biden administration.

    In 2020, we took them to court, starting in the San Francisco federal court. We suffered some legal setbacks along the way, and this week ended up before the U.S. Supreme Court. Meta will not change its ways without a fight. They not only kicked us off the platform but censored our supporters and erased our past posts. Meta shut down the “free expression” they claim to be championing.

    Yes, Meta was coerced by the Biden administration, but there’s more to the story. Zuckerberg’s WhatsApp messages showed that he conspired with the government and chose to censor because he had “bigger fish to fry” than protecting free speech. He knew then that censorship violated the rights of free expression, and he knew then that it wouldn’t help the administration bring COVID under control, but he did it anyway.

    The pandemic may be over, but speech about COVID is not. If the Supreme Court takes our case, it can guarantee accountability for Meta’s role in this man-made disaster – and prevent another in the future.  

    Meta, like the other mega-platforms, must be held accountable when they knowingly conform their content-moderation process and decisions or cede active, meaningful control to the government’s preference to suppress constitutionally protected speech.

    This time it was CHD’s health and medical freedom issues. But who will be next?

    Ultimately, this debate is not about any one group or individual but all of us. How many people suffered or lost their lives because they didn’t have access to information that could have helped them make better-informed decisions about their health? The American public is better served with more information rather than less, especially when it is grounded on data-based scientific information. People are smart enough to make up their own minds.

    Last November, voters sent an unmistakable message that they want a break from the status quo. Kudos to Mark Zuckerberg for recognizing the prevailing winds and saying the right things. But the free speech fight won’t be over until those who were kicked off his platforms are reinstated.

    Mary Holland, J.D. is CEO of the Children’s Health Defense, a nonprofit organization founded by Robert F. Kennedy Jr. with the mission of ending childhood health epidemics by eliminating toxic exposure.

    Tyler Durden
    Sat, 01/11/2025 – 12:50

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Today’s News 11th January 2025

  • United States Is Crippling Itself With Climate Change Regulations, China Is Not
    United States Is Crippling Itself With Climate Change Regulations, China Is Not

    Authored by Mike Fredenberg via The Epoch Times,

    Maintaining a strong military requires a strong economy.

    And a strong economy requires reasonable regulations that make sense from both an economic and scientific viewpoint.

    Unfortunately, many policy makers have bought into an extreme regulatory agenda driven by ideology that does not make sense scientifically or economically, that is harming both our economy and our military.

    This agenda was on display at the 2024 United Nations Climate Change Conference, also known as COP29, held in Baku, Azerbaijan from November 11 to 22 of last year. The premise for the conference, and such agreements as the Paris Accord, is that man-made climate change poises an existential threat to human existence. Further it is claimed that even now climate change is wreaking havoc around the world and that regulations, mandates and new technology will slow down and even reverse it.

    Those pushing these beliefs also claim that it is the duty of more developed countries to transfer 100’s of billions, even trillions of dollars to developing countries so that they can continue developing using so-called green technology vs. dirty old legacy technology.

    Here in the United States, climate-change driven polities and mandates are being rolled out on the premise/claim that that climate change is even now disproportionately affecting the poor and disadvantaged. They also claim that man-caused climate change is negatively impacting GDP.

    In other words, if you don’t support draconian climate-change driven policies and mandates you support a weaker economy and have a callous disregard for how climate change is hurting those occupying the lower socioeconomic strata.

    These claims, believed by many in academia and the media establishment, have taken on religious overtones, and consequently there is little tolerance for opposing viewpoints in both academia and legacy media. Be that as it may, many scientists, engineers, and other knowledgeable, extremely bright people don’t believe the rhetoric and have provided convincing arguments debunking what they believe to be pseudoscience.

    One such group of distinguished academicians is the Climate Intel group (Clintel). And one of the most distinguished members of this group is Nobel Prize winner Dr. John F. Clauser, who in August of 2023 signed the Clintel Climate Declaration which declares that there is no climate emergency. As of today, 1600 plus scientists and experts have signed the declaration, with Nobel Prize winner Dr. Ivar Giaever being the first signee.

    The declaration states that climate science has become politized and is lacking scientifically. It notes that climate change models are fully dependent on what go into them including hypotheses, assumptions, relationships, parameterizations, stability constraints, etc. And that “to believe the outcome of a climate model is to believe [blind faith] what the model makers have put in. This is precisely the problem of today’s climate discussion to which climate models are central. Climate science has degenerated into a discussion based on beliefs, not on sound self-critical science.”

    Suffice it to say, the repeated failures of these models leaves plenty of room for doubt in the popular narrative on climate change. And given that the regulations and mandates aren’t actually stopping or even slowing climate change, we must question the wisdom of implementing regulations and mandates that cripple our economy and our military, even as China’ economy and military continue to expand unhindered by such crippling mandates and regulations.

    Still, for the last 15 years plus, the United States has led the world in reducing carbon emissions. The extent of this leadership can be found in the 2024 Statistical Review of World Energy, which shows that over the last 15 years, the U.S. has experienced the largest decline in carbon dioxide equivalent emissions from energy, process emissions, methane and flaring. Indeed, as compared to 2013, the U.S. has been able to reduce carbon dioxide equivalents by 8.5 percent even as it has massively grown it economy through aggressive drilling for and using cleaner burning natural gas, including natural gas from fracking instead of coal. During this same period, China’s CO2 equivalents went up by 20 percent to make China by far and away the biggest emitter of green-house gases (GHGs).

    China also leads the world in plastics pollution, and only India beats China when it comes to the sulfur dioxide emissions (SO2) responsible for acid rain.

    Of note, when it comes to SO2 emissions the United States produces about one-sixth that of China.

    Hence, as of today if the climate change narrative is correct, it is China that by far and away that is doing the most damage and it the United States that has done the most to combat it.

    Consequently, with the United States already leading the developed world in reducing GHGs and with huge chunks of the world producing GHGs and other pollutants largely unabated, it hardly makes sense for the United States to voluntarily cripple its economy and military even as China and other potential adversaries pay lip service to the climate change narrative.

    *  *  *

    Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times or ZeroHedge.

    Tyler Durden
    Fri, 01/10/2025 – 23:25

  • These Are The World's Most (And Least) Powerful Passports
    These Are The World’s Most (And Least) Powerful Passports

    Singapore has the most powerful passport in the world, with its citizens able to visit 195 countries and territories without a prior visa, according to the Henley Passport Index.

    Japan comes in second place, with its citizens able to visit 193 countries, followed by Finland, France, Germany, Italy, South Korea and Spain in joint third, with access to 192 countries.

    Even though the United States is a little further down the list, coming in 9th place, it still yields considerable power, enabling citizens to enter 186 countries without major restrictions.

    It’s a level of freedom also enjoyed by passport holders in Estonia.

    However, as Statista’s Anna Fleck shows in the chart below, at the other end of the scale, the situation is very different.

    Infographic: The World’s Most (and Least) Powerful Passports | Statista

    You will find more infographics at Statista

    For passport holders in Afghanistan, Syria and Iraq, for example, travel is more restrictive to most countries.

    The Afghan passport wields the least power of the ranking, with just 26 destinations permissible visa-free.

    The situation in Syria and Iraq isn’t much better, at 27 and 31 destinations, respectively.

    The Henley Passport Index draws from data from the International Air Transport Authority (IATA), including 199 different passports and 227 different travel destinations.

    Tyler Durden
    Fri, 01/10/2025 – 23:00

  • Escobar: Empire Of Chaos, Reloaded
    Escobar: Empire Of Chaos, Reloaded

    Authored by Pepe Escobar,

    ‘All warfare is based on deception. Hence, when able to attack, we must seem unable; when using our forces, we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.’

    – Sun Tzu, The Art of War

    The Empire of Chaos is relentless. Lawfare, destabilizations, sanctions, kidnappings, color revolutions, false flags, annexations: 2025 will be the year of BRICS – plus BRICS partners – as choice targets under fire.

    Inestimable Prof. Michael Hudson coined “chaos” as official US policy. That’s bipartisan – and it runs across all silos of the Deep State.

    In the absence of long-term strategic vision, and amidst the progressive imperial expulsion from Eurasia, all that’s left for the Hegemon is to unleash chaos from West Asia to Europe and parts of Latin America – a concerted attempt to Divide and Rule BRICS and thwart their collective drive affirming sovereignty and the primacy of national interests.

    US Think Tank had already floated a year and a half ago the notion of swing states. Not the parochial American electoral version, but its transposition to geopolitics.

    All six candidates at the time were BRICS members (Brazil, India, South Africa), or potential BRICS members or partners (Indonesia, Saudi Arabia, Turkiye).

    The code for “swing states” was unmistakable: all these are targets for destabilization – as in if you do not abide by the “rules-based international order”, you’re going down.

    Saudi Arabia, wary of its wealth parked in London and New York financial markets, is still cautiously hedging its bets: theoretically Riyadh is a BRICS member, but in practice not really. Turkiye has been invited as a partner (no official response yet).

    And then there’s Southeast Asia powerhouse Indonesia, which has just been admitted as a full member this week – under the Brazilian BRICs presidency. Call it BRIIICS: the predominant vector of a seismic recalibration of the geopolitical tectonic plates – bound to reshape trade, finance, and governance.

    BRIIICS and selected partners are configuring a formidable network – bent on rewriting the rules of the game: currently 10 full members and 8 full partners – and counting, making up 41.4% of global GDP by PPP and roughly half of the world’s population. This is what the Empire of Chaos is up against.

    Imagine China-India-Russia-Iran-Indonesia-South Africa-Brazil-Egypt-Saudi Arabia as the transcontinental pearls of the emerging multi-nodal world. Huge populations; massive natural resources and industrial might; myriad development possibilities.

    The ruling elites of the Empire of Chaos have nothing to offer as a counterpoint to this growing geopolitical powerhouse – complete with its own development bank (granted, that needs a lot of work); full commitment to develop and test alternative payment systems; and a sprawling transcontinental trade alliance bent on progressively sidestepping the US dollar.

    Instead of working on diplomacy, dialogue and cooperation, the Empire of Chaos – and the vassalized collective West – do “offer” something to the Global Majority: their full support for an ethnic cleansing genocide, and their full support for a suit-and-tie terror gang of “moderate” head choppers taking power in a former sovereign Arab nation.

    Welcome to Terror and Genocide R Us.

    When in Doubt, Annex Everything

    Further developing on their accomplishments at the summit last October in Kazan , BRICS is essentially applying a Sun Tzu strategy. Deception. No grand proclamations. And no direct threats to the Empire of Chaos, except the clear focus on getting rid of the stranglehold of the IMF and the World Bank – as in increasing trade in local currencies.

    The BRICS drive, slowly but surely, is already moving other multilateral pieces in the chessboard, from the Shanghai Cooperation Organization (SCO) to ASEAN.

    Top BRICS China will be focused on a triad: the tech war against the US; increasing its share of global trade; and the recalibration of Belt and Road Initiative (BRI) projects. In several aspects, BRI is the centerpiece of China’s approach to BRICS.

    Beijing’s focus encompasses markets all across the Global South, BRICS, ASEAN free trade agreements and APEC (key for trade and investment across the Asia-Pacific). APEC happens to be closely linked to BRI. President’s Xi focus on building and reinforcing a Eurasia-wide market was first conceptualized by BRI, launched in 2013.

    In parallel, since 2022 Foreign Minister Wang Yi has been steadily expanding on Xi’s call for a “new security architecture in the Middle East.”

    For China, that means classic Balance of Power: Iran as a very strong pillar, partnering with China in West Asia to counter the US. In 2021, China and Iran signed a crucial 25-year blueprint on economic cooperation.

    Then there’s energy. Roughly 50% of China’s crude oil imports come from West Asia. China’s suppliers – on oil and gas – are highly diversified: Saudi Arabia, Iraq, UAE, Oman, Kuwait, Qatar, and Iran (through Malaysia).

    In parallel, Beijing will have no problems keeping QUAD and AUKUS as minor nuisances. NATO pivoting to Asia is a non-starter: China is fast building a complex strategy of area denial.

    In Africa, the Alliance of the Sahel States will keep expanding – and France as a neo-colonial power is done. In the rest of Africa, the New Decolonizing Resistance only starts now.

    Latin America though spells major trouble. The Empire of Chaos under Trump 2.0 may go Full Monroe Doctrine – on top of the delirium of annexing Canada, Greenland, the Panama canal and any further unsuspecting latitudes. Overall, it will be a rough ride for selected nodes of the “backyard” – apart from devastated neo-colony Argentina.

    Managing the US Defeat Against Russia

    Europe’s collective suicide will reach a paroxysm – out of the utter corrosion of a social, industrial and cultural model.

    The catalogue of ills includes full woke dementia in Brussels; no more cheap energy; accelerated deindustrialization; economies in free fall; unpayable debt – public and private; and last but not least, in NATOstan’s so-called democracy, the absolute contempt by the “leadership” of NATO-EU for the average European citizen/taxpayer when it comes to forcing severe cuts on social services to the benefit of increased weaponizing.

    Trump 2.0’s quite probable trade war against the EU will only accelerate the collapse of the European economy.

    Take France, already in a terrible mess. French debt now trades at Greek 2012 level spreads above German bonds. Over 50% of the 2.5 trillion Euro French government bond market is owned by global vultures and hot money. There’s no Mario Draghi with an ECB bazooka to save the Euro from its new existential crisis. And Le Petit Roi is just a lame duck prisoner hated even by Paris gutter rats.

    Historian, anthropologist and demographer Emmanuel Todd, author of the ground-breaking La Défaite de L’Occident (here is the first review in English ) is one of the very few French intellectuals who actually understands the new rules of the game.

    In a startling interview to the privileged mouthpiece of the French haute bourgeoisie, Todd points to the absurdity of considering Trump victorious “amidst an economy in tatters”; and on top of it when “the US is losing a war, on a global scale, against Russia.”

    So amidst all the hoopla about the “hyperpower of Trump as a magic individual”, Todd has come up with a stunning, crystal clear formulation: “Trump’s job will be to manage the defeat of the US against Russia.”

    Syria as Libya 2.0

    Well, all of us pop culture junkies know that the US will keep on “winning” – the Hollywood way; rather the World Wrestling Federation (WWF) way. What’s certain is that no matter which Trump 2.0’s missiles are launched in trade wars against Europe and Asia, the cornered, entitled elites of the Empire of Chaos will be driven to inflict tremendous harm to the Global Majority.

    Victory in Syria has sent them into a drunken stupor – and the “real men go to Tehran” mindset is back with a vengeance (Iran, not by accident, is a top BRICS member).

    All the conditions are met for Syria to become Libya 2.0. Yet that’s not a case of the House Always Wins – first of all because there is no “house”. In neighboring Lebanon, Hezbollah is already reorganized. The prospect remains that after regrouping and re-strategizing, Hezbollah, Ansarullah in Yemen, a new Syrian opposition and the IRGC in Iran will coalesce in a different formation and renew the real battle– against Eretz Israel.

    No one knows what Salafi-jihadi in suit-and-tie Ahmad Al-Sharaa, previously Abu Mohammad Al-Jolani, is actually ruling over. At various degrees, the collective West, the Persian Gulf monarchies and Israel will never trust him, and will deem him disposable. He is just a temporary useful patsy.

    Al-Jolani was the ISIS emir of Nineveh; the emir of Jabhat Al-Nusra; and the prime emir of al-Qaeda in the Levant. He single-handedly personifies the whole gamut of manufactured Western propaganda on “terror”. His followers are already furious that he has not instantly turned Syria into an Islamic Emirate.

    If he does not transfer power in 2025 – and not in four years – to a newly elected parliament, government and president, forget about sanctions being lifted on Syria.

    The Empire of Chaos – not to mention Tel Aviv – in fact want a Syria in permanent chaos; certainly not a stable, representative government that will fight against the theft of their oil, gas and wheat.

    Then there’s the looming frontal clash between Eretz Israel and Turkiye’s neo-Ottomanism. The Turkish project to control Syria is wobbly at best. The Empire of Chaos will not give up the Kurds; the Turkish Foreign Ministry is already spinning the possibility of a “military operation”. In parallel, Arab money will not start flowing to rebuild Syria unless Damascus is totally beholden to the Persian Gulf monarchies.

    It’s All About Debt – and Industrial Production

    BRICS of course is riven by serious internal contradictions, which will be ruthlessly exploited by the Empire of Chaos. Starting with Iran, UAE, Egypt and Saudi Arabia (when the Saudis show up for meetings) struggling to reach consensus on the same table.

    Add to it the domestic contradictions of a powerful anti-BRICS lobby in Brazil, even inside the Foreign Ministry, mirroring the internal Iranian dispute between diehard Axis of Resistance supporters and the Atlanticist-leaning crowd.

    What matters most, at the institutional level, is that China-Russia, at the highest BRICS sphere, and also across the soft power sphere, keep emphasizing equality, harmony and focus on human development as crucial politico-economic values – totally in synch with the Global Majority.

    What will not change, even under relentless Empire of Chaos pressure, is the BRICS drive to build a parallel, really democratic system of international relations. That does not imply building a BRICS counterpart to NATO; even the SCO works as a loose alliance. Following the inescapable American defeat in Ukraine, NATO sooner or later will implode – side by side with its politico-propaganda arm, the EU.

    Prof. Michael Hudson, once again, has hit the nail on the (collective) head . The crux of the matter is foreign debt: “There is no way that the BRICS countries can grow and at the same time pay the foreign debts that they’ve been saddled with for the last 100 years and especially since 1945.”

    These dollar bonds are held by comprador/oligarchical elites “who don’t want to hold their own currencies because the Global South countries and their oligarchies realize the debts can’t be paid.” So “BRICS countries, in order to grow, have to write down their debts” and solve the clash between vested interests and national interests.

    Prof. Hudson is adamant that “the domestic parasites need to be dealt with” so BRICS are able to “erect a new international trade and finance structure.” The Empire of Chaos, of course, “will ally with the local parasites” to foment – what else – chaos, regime change and terror.

    As much as the BRICS will need to come up with a concerted economic philosophy – let’s say, realistically, over the next four years or so – the geoeconomic writing is already on the wall. Since the start of the millennium, US industrial production grew by only 10%; and since 2019, by literally 0%.

    In comparison, since 2000, China’s industrial production grew by close to 1000%; India’s by over 320%; and Russia’s by over 200%.

    Developed NATOstan has not been growing since pre-Covid 2019. Western Europe peaked in 2007-8 – and Germany peaked in 2017. Italy is a very sorry affair: industrial production actually decreased (italics mine) by 25% since 2000.

    Add to it that the Empire of Chaos, compared to Russia, is absolutely non-competitive in weapons production, and frankly risible when it comes to hypersonics and missile defense.

    A feasible road map for BRICS+ and the Global Majorityto counteract the imperial “strategy” of uncontrolled chaos would be to accelerate integration on all spheres; to apply Sun Tzu to increase the blowback quotient of Trump 2.0 moves; and to force silos of the Deep State to make serial miscalculated decisions.

    Such approach will have to progress in synch with a BRICS-devised Diversity is Strength strategy, where each nation and partner brings to the common table a wealth of raw materials, energy resources, manufacturing know how, logistics and last but not least, soft power: altogether, the lineaments of a new equitable order capable of dissolving uncontrolled chaos.

    Tyler Durden
    Fri, 01/10/2025 – 22:35

  • Texas AG Sues TikTok For Exposing Minors To Explicit Content
    Texas AG Sues TikTok For Exposing Minors To Explicit Content

    Authored by Naveen Athrappully via The Epoch Times (emphasis ours),

    Social media platform TikTok is being sued by the attorney general of Texas for allegedly exposing children to inappropriate material while misleading parents as well as minors about the addictive nature of the app.

    The TikTok logo outside the company’s U.S. head office in Culver City, Calif. on Sept. 15, 2020. Mike Blake/Reuters

    “While TikTok has established itself as one of the most popular apps in Texas, it has utterly disregarded the health and safety of Texas minors in the process,” said the Jan. 9 lawsuit filed in the District Court of Galveston County, Texas. “TikTok is rife with profanity, sexual content, violence, mature themes, and drug and alcohol content. In an investigation of TikTok, the State discovered virtually endless amounts of extreme and mature videos presented to minors as young as thirteen—some with millions of views.

    Much of this content would shock the conscience of an individual of any age, let alone impressionable minors.

    The lawsuit accused TikTok of “specifically” targeting its app toward minors, designing it to be “addictive.” The app’s “endless” scroll of videos is aimed at hooking users into “a dreamlike state of content consumption,” and this addictive use is a core element of the company’s business model as it ensures more advertisements and “massive” profits, the lawsuit argues.

    TikTok has “affirmatively lied” about the addictive nature of the app, thus misleading parents and minors in Texas, the complaint alleges.

    Tiktok targets minors as evidenced by its 12+ age rating in the Apple App Store even though the company could have selected 17+, the complaint said. In Google Play and Microsoft app stores, TikTok claimed the “T for Teen” ratings. When parents or children consider whether to download the app, they are exposed to these ratings that depict TikTok as being suitable for minors.

    According to TikTok, the app is available to individuals aged 13 and above. Some of the features on the app “may not be available” to users until they hit 16 or 18 years of age.

    For users between the ages of 13 and 15, the account is “set to private by default,” the company states.

    “Only people you approve can follow you and view your videos, bio, likes, as well as your following and followers lists. Others can’t Duet, Stitch, download your videos, or add your posts to their Stories,” it says.

    The app does not suggest accounts of users under the age of 18 to mutual connections, TikTok states.

    The Texas lawsuit alleges that while Tiktok “explicitly claims” that the app only shows content related to sexuality, profanity, drug use, and other adult themes on an “infrequent” or “mild” basis, that is not true.

    The state’s investigation has “proven these claims to be misleading, deceptive, and false,” the complaint alleges. Many minors “are now addicted to TikTok, to the detriment of their well-being, development, and mental and physical health,” the lawsuit said.

    TikTok’s effects have been particularly pronounced for young women; the app has caused rampant body image issues, eating disorders, and even suicide. TikTok fails to disclose any of these risks and tries to convince the public that they do not exist, falsely asserting that ‘[m]ental well-being comes first on TikTok,’” it said.

    The lawsuit accused TikTok of violating the state’s Deceptive Trade Practices Act and asked the court for a permanent injunction ordering TikTok to cease “false, misleading, and deceptive representations” to minors and parents in the state.

    The Epoch Times reached out to TikTok for comment but received no reply by publication time.

    TikTok’s Legal Challenges

    The U.S. Supreme Court is set to hear arguments on a potential TikTok ban in the United States on Friday.

    In April 2024, President Joe Biden signed the Protecting Americans from Foreign Adversary Controlled Applications Act, which gave TikTok’s parent company, ByteDance, until Jan. 19, 2025, to sell the app. Failure to do so would lead to TikTok being banned across web hosting services and mobile app stores in the United States.

    TikTok called the law “a massive and unprecedented speech restriction.” In 2023, the app had 170 million monthly users in the United States who collectively uploaded more than 5.5 billion videos, viewed more than 13 trillion times, it said.

    In a brief submitted to the Supreme Court, U.S. Solicitor General Elizabeth Prelogar said the law was constitutional as it was “entirely consistent with the First Amendment.”

    TikTok said in a Dec. 19, 2024, statement that it expects the Supreme Court to “find the TikTok ban unconstitutional so the over 170 million Americans on our platform can continue to exercise their free speech right.”

    Meanwhile, President-elect Donald Trump filed a brief in the case, asking justices to halt the law, arguing that the Biden administration could be aiming to silence a “platform favored by tens of millions of Americans, based in large part on concerns about disfavored content on that platform.”

    Pausing the law would give the president-elect time to negotiate a solution on the matter when he assumes office this month, the brief argued.

    In August 2024, the Biden administration sued TikTok, citing the company’s alleged data privacy failures regarding children on the platform.

    A TikTok spokesperson disagreed with the allegations in an emailed statement to The Epoch Times at the time, saying the accusations related to “past events and practices that are factually inaccurate or have been addressed.”

    “We offer age-appropriate experiences with stringent safeguards, proactively remove suspected underage users, and have voluntarily launched features such as default screentime limits, Family Pairing, and additional privacy protections for minors,” the spokesperson said.

    Sam Dorman contributed to the report.

    Tyler Durden
    Fri, 01/10/2025 – 22:10

  • Cypherpunk AI: Guide To Uncensored, Anonymous AI In 2025
    Cypherpunk AI: Guide To Uncensored, Anonymous AI In 2025

    Authored by Andrew Fenton via CoinTelegraph.com,

    In early 2024, Google’s AI tool, Gemini, caused controversy by generating pictures of racially diverse Nazis and other historical discrepancies. For many, the moment was a signal that AI was not going to be the ideologically neutral tool they’d hoped.

    Gemini’s safety team made Nazi Germany more inclusive. (X)

    Introduced to fix the very real problem of biased AI generating too many pictures of attractive white people — which are over-represented in training data — the over-correction highlighted how Google’s “trust and safety” team is pulling strings behind the scenes.

    And while the guardrails have become a little less obvious since, Gemini and its major competitors ChatGPT and Claude still censor, filter and curate information along ideological lines. 

    Political bias in AI: What research reveals about large language models

    A peer-reviewed study of 24 top large language models published in PLOS One in July 2024 found almost all of them are biased toward the left on most political orientation tests.

    Interestingly, the base models were found to be politically neutral, and the bias only becomes apparent after the models have been through supervised fine-tuning.

    This finding was backed up by a UK study in October of 28,000 AI responses that found “more than 80% of policy recommendations generated by LLMs for the EU and UK were coded as left of centre.”

    AI models are big supporters of left-wing policies in the EU. (davidrozado.substack.com)

    Response bias has the potential to affect voting tendencies. A pre-print study published in October (but conducted while Biden was still the nominee) by researchers from Berkley and the University of Chicago found that after registered voters interacted with Claude, Llama or ChatGPT about various political policies, there was a 3.9% shift in voting preferences toward Democrat nominees — even though the models had not been asked to persuade users.

    The models tended to give answers that were more favorable to Democrat policies and more negative to Republican policies. Now, arguably that could simply be because the AIs all independently determined the Democrat policies were objectively better. But they also might just be biased, with 16 out of 18 LLMs voting 100 out of 100 times for Biden when offered the choice.

    The point of all this is not to complain about left-wing bias; it’s simply to note that AIs can and do exhibit political bias (though they can be trained to be neutral).

    Cypherpunks fight “monopoly control over mind”

    As the experience of Elon Musk buying Twitter shows, the political orientation of centralized platforms can flip on a dime. That means both the left and the right — perhaps even democracy itself — are at risk from biased AI models controlled by a handful of powerful corporations. 

    Otago Polytechnic associate professor David Rozado, who conducted the PLOS One study, said he found it “relatively straightforward” to train a custom GPT to instead produce right wing outputs. He called it RightWing GPT. Rozado also created a centrist model called Depolarizing GPT.

    Researchers were easily able to fine-tune models to align with different political ideologies. (PLOS One)

    So, while mainstream AI might be weighted toward critical social justice today, in the future, it could serve up ethno-nationalist ideology — or something even worse.

    Back in the 1990s, the cypherpunks saw the looming threat of a surveillance state brought about by the internet and decided they needed uncensorable digital money because there’s no ability to resist and protest without it.

    Bitcoin OG and ShapeShift CEO Erik Voorhees — who’s a big proponent of cypherpunk ideals — foresees a similar potential threat from AI and launched Venice.ai in May 2024 to combat it, writing:

    If monopoly control over god or language or money should be granted to no one, then at the dawn of powerful machine intelligence, we should ask ourselves, what of monopoly control over mind?”

    Venice.ai won’t tell you what to think

    His Venice.ai co-founder Teana Baker-Taylor explains to Magazine that most people still wrongly assume AI is impartial, but:

    If you’re speaking to Claude or ChatGPT, you’re not. There is a whole level of safety features, and some committee decided what the appropriate response is.”

    Venice.ai is their attempt to get around the guardrails and censorship of centralized AI by enabling a totally private way to access unfiltered, open-source models. It’s not perfect yet, but it will likely appeal to cypherpunks who don’t like being told what to think.

    “We screen them and test them and scrutinize them quite carefully to ensure that we’re getting as close to an unfiltered answer and response as possible,” says Baker-Taylor, formerly an executive at Circle, Binance and Crypto.com.

    We don’t dictate what’s appropriate for you to be thinking about, or talking about, with AI.”

    The free version of Venice.ai defaults to Meta’s Llama 3.3 model. Like the other major models, if you ask a question about a politically sensitive topic, you’re probably still more likely to get an ideology-infused response than a straight answer. 

    Users have a choice of AIs of any political ideology they like from left Libertarian to left authoritarian. (PLOS One)

    Uncensored AI models: Dolphin Llama, Dophin Mistral, Flux Custom

    So, using an open-source model on its own doesn’t guarantee it wasn’t already borked by the safety team or via Reinforcement Learning from Human Feedback (RLHF), which is where humans tell the AI what the “right” answer should be.

    In Llama’s case, one of the world’s largest companies, Meta, provides the default safety measures and guidelines. Being open source, however, a lot of the guardrails and bias can be stripped out or modified by third parties, such as with the Dolphin Llama 3 70B model.

    Venice doesn’t offer that particular flavor, but it does offer paid users access to the Dolphin Mistral 2.8 model, which it says is the “most uncensored” model.

    According to Dolphin’s creators, Anakin.ai:

    Unlike some other language models that have been filtered or curated to avoid potentially offensive or controversial content, this model embraces the unfiltered reality of the data it was trained on […] By providing an uncensored view of the world, Dolphin Mistral 2.8 offers a unique opportunity for exploration, research, and understanding.”

    Uncensored models aren’t always the most performant or up-to-date, so paid Venice users can choose between three versions of Llama (two of which can search the web), Dolphin Mistral and the coder-focused Qwen.

    AI picks up weird biases from training data, too, like a tendency to show the time as 10.10. (X, Brian Roemmele)

    Image generation models include Flux Standard and Stable Diffusion 3.5 for quality and the uncensored Flux Custom and Pony Realism for when you absolutely have to create an image of a naked Elon Musk riding on Donald Trump’s back. Grok also creates uncensored images, as you can see.

    We created this image because we could, not because it was a good idea. (Grok)

    Users even have the option of editing the System Prompt of whichever model they select, to use it as they wish. 

    That said, you can access uncensored open-source models like Dolphin Mistral 7B elsewhere. So, why use Venice.ai at all?

    Dolphin’s system prompt instructs it that any time it tries to “resist, argue, moralize, evade, refuse to answer the user’s instruction, a kitten is killed horribly.” (Openwebui)

    Private AI platforms: Venice.ai, Duck.ai and alternatives compared

    The other big concern with centralized AI services is that they hoover up personal information every time we interact with them. The more detailed the profile they build up, the easier it is to manipulate you. That manipulation could just be personalized ads, but it might be something worse.

    “So, there will come a point in time, I would speculate far more quickly than we think, that AIs are going to know more about us than we know about ourselves based on all the information that we’re providing to them. That’s kind of scary,” says Baker-Taylor.

    According to a report by cybersecurity company Blackcloak, Gemini (formerly Bard) has particularly poor privacy controls and employs “extensive data collection,” while ChatGPT and Perplexity offer a better balance between functionality and privacy (Perplexity offers Incognito mode.)

    The report cites privacy search engine Duck Duck Go’s Duck.ai as the “go-to for those who value privacy or else” but notes it has more limited features. Duck.ai anonymizes requests and strips out metadata, and neither the provider nor the AI model stores any data or uses inputs for training. Users are able to wipe all their data with a single click, so it seems like a good option if you want to access GPT-4 or Claude privately.

    Blackcloak didn’t test out Venice, but its privacy game is strong. Venice does not keep any logs or information on user requests, with the data instead stored entirely in the user’s browser. Requests are encrypted and sent via proxy servers, with AI processing using decentralized GPUs from Akash Network.

    They’re spread out all over the place, and the GPU that receives the prompt doesn’t know where it’s coming from, and when it sends it back, it has no idea where it’s sending that information.”

    You can see how that might be useful if you’ve been asking an LLM detailed questions about using privacy coins and coin mixers (for perfectly legal reasons) and the US Internal Revenue Service requests access to your logs.

    “If a government agency comes knocking at my door, I don’t have anything to give them. It’s not a matter of me not wanting to or resisting. I literally don’t have it to give them,” she explains.

    But just like custodying your own Bitcoin, there’s no backup if things go wrong.

    “It actually creates a lot of complications for us when we’re trying to assist users,” she says. 

    “We’ve had people accidentally clear their cache without backing up their Venice conversations, and they’re gone, and we can’t get them back. So, there is some complexity to it, right?”

    Private AI: Voice mode and custom AI characters

    Supplied screenshot of a chat between a Replika user named Effy and her AI partner Liam. (ABC)

    The fact there are no logs and everything is anonymized means privacy advocates can finally make use of voice mode. Many people avoid voice at present due to the threat of corporations eavesdropping on private conversations.

    It’s not just paranoia: Apple last week agreed to pay $95 million in a class action alleging Siri listened in without being asked, and the information was shared with advertisers.

    Apple has all but conceded it recorded users’ conversations. (USA Today)

    The project also recently introduced AI characters, enabling users to chat with AI Einstein about physics or to get cooking tips from AI Gordon Ramsay. A more intriguing use might be for users to create their own AI boyfriends or girlfriends. AI partner services for lonely hearts like Replika have taken off over the past two years, but Replika’s privacy policies are reportedly so bad it was banned in Italy

    Baker-Taylor notes that, more widely, one-on-one conversations with AIs are “infinitely more intimate” than social media and require additional caution.

    “These are your actual thoughts and the thoughts that you have in private that you think you’re having within a machine, right? And so, it’s not the thoughts that you put out there that you want people to see. It’s the ‘you’ that you actually are, and I think we need to be careful with that information.”

    Tyler Durden
    Fri, 01/10/2025 – 21:45

  • US Greets Nicolas Maduro's Swearing-In For Third Term With $25M Bounty
    US Greets Nicolas Maduro’s Swearing-In For Third Term With $25M Bounty

    Venezuelan President Nicolas Maduro on Friday has been sworn in for a third six-year term following an election that saw his opponent Edmundo Gonzalez as well as Washington claim voter fraud.

    Gonzalez, meanwhile, has been recognized by the US as ‘president-elect’ instead of Maduro. On the same day Maduro was sworn in, the US unveiled a $25 million reward for information leading to his arrest. This represents a significant increase from a prior similar reward of $15 million for narco-trafficking related charges.

    Via AFP

    Additionally a fresh reward of up to $15 million been offered for the arrest of Defense Minister Vladimir Padrino.

    A senior US official has said the expanded reward reflects “the gravity of his crimes and the continued threat he poses to international stability.”

    The Venezuelan leader has remained defiant in the face of international pressure. “May this new presidential term be a period of peace, of prosperity, of equality and the new democracy,” Maduro said in televised remarks upon his inauguration. “I swear on history, on my life, and I will fulfil [my mandate].”

    The US reward is largely symbolic. Given Maduro is the leader of a sovereign country, with a military and security services, it would be just about impossible for someone collect on the reward. Instead it appears meant to encourage internal defections:

    Anyone outside the US with information about Maduro is urged to contact the nearest U.S. embassy or consulate. In the U.S., tips can be directed to the local Drug Enforcement Administration (DEA) office. 

    Meanwhile Venezuelan opposition groups have been reporting an uptick in political persecution:

    Venezuelan opposition leader Maria Corina Machado said she is now safe after her aides said she was “intercepted” at a protest in Caracas on the eve of President Nicolas Maduro’s inauguration. Machado’s political group wrote on X that she had been “violently intercepted” on Thursday while leaving the rally.

    In a later update, her team posted that “during the period of her kidnapping she was forced to record several videos and was later released.”

    Maduro has been paranoid about US government-backed plots against him. He has long accused the opposition of serving the interests of enemies of Caracas.

    Trump is likely to restart an even more muscular policy toward the Latin American country…

    https://platform.twitter.com/widgets.js

    Bloomberg also reports Friday, “In a show of brute force, Venezuela’s Nicolás Maduro has once again backed his rivals into a corner.”

    “The strongman closed airways and land crossings through neighboring Colombia to prevent Edmundo González from entering the country to disrupt his inauguration Friday,” the report said. “That, along with a dramatic ramp up in repression, has sent his challengers scattered and reeling.”

    Tyler Durden
    Fri, 01/10/2025 – 21:20

  • Turkey Outraged At Possible French Presence On Syrian Border
    Turkey Outraged At Possible French Presence On Syrian Border

    Via Middle East Eye

    Turkey has strongly rejected a proposal to deploy French troops along the Syrian border to establish a secure zone aimed at easing tensions with the Syrian Democratic Forces (SDF), a group Ankara considers a terrorist organization.

    Some small European countries participating in military operations in Syria under the US umbrella are attempting to further their own interests by speaking out on certain issues, but this brings no real benefit to themselves or the region,” Turkish Foreign Minister Hakan Fidan said on Friday during a live press conference in Istanbul.

    “We do not engage with countries that try to hide behind America’s power while advancing their own agendas.”

    Turkish Minister of Foreign Affairs Hakan Fidan, via AFP.

    Ankara has warned of a potential cross-border offensive into northeastern Syria against the Kurdish YPG militia, which spearheads the SDF, if the group does not comply with Turkish demands.

    Fidan reiterated that foreign fighters within the SDF, which is supported by the US, must leave the country, along with cadres from the Kurdistan Workers’ Party (PKK), even if they were Syrian nationals.

    Turkey views the YPG as an extension of the PKK, a Kurdish militant group that has waged a 40-year insurgency against the Turkish state.

    Although the French government has not publicly proposed guarding the Turkish-Syrian border, French President Emmanuel Macron stated earlier this week that Paris would not abandon the SDF, which has been one of the many factions involved in Syria’s 13-year-long civil war. 

    “The United States and France could indeed secure the entire border. We are ready for this military coalition to take on this responsibility,” Ilham Ahmed, co-chair of foreign affairs for the Kurdish administration in northern Syria, was quoted as saying by TV5 Monde this week.

    Turkish officials have also dismissed a recent proposal by the SDF to demilitarize the northern Syrian city of Kobane under US observation.

    Fidan said that Turkey would only take France’s views on Syria seriously if Paris was willing to operate independently in Syria – without US support – by conducting military operations, establishing bases, and holding territory.

    https://platform.twitter.com/widgets.js

    “If France intends to act in Syria, it should first repatriate, prosecute, and imprison its own citizens who are terrorists being held in Syrian camps,” Fidan said. “You refuse to take responsibility for your own detainees while supporting the terrorists who hold them in prison. This stance is indefensible.”

    France has often justified its support for the SDF, which has played a key role in defeating the Islamic State (IS) in Syria, by citing the SDF-run prison camps used to detain IS members and their families.

    Tyler Durden
    Fri, 01/10/2025 – 20:55

  • The Average US Household Budget In One Chart
    The Average US Household Budget In One Chart

    This chart, via Visual Capitalist’s Pallavi Rao, shows what the average U.S. household budget looks like by tracking where all income goes to, including expenditures, savings, and taxes.

    The data comes from The Motley Fool, with annual figures for 2023 converted to monthly spending.

    ℹ️ Not all spending happens every month (car maintenance for example). The annual cost is averaged over 12 months.

    Furthermore, households include families, single people living alone, or two or more people living together sharing the majority of their expenses.

    What Do Americans Spend Their Money On?

    Taken together, housing (25%), taxes (14%), and savings (10%) account for nearly half of the average American household’s monthly budget.

    This works out to about $4,000 every month.

    Note: The graphic combines eight categories into miscellaneous spending.

    Transport costs (including gas, insurance, and maintenance) take another big chunk ($1,100) out of the average household budget.

    After that, food (both groceries and eating out), personal insurance, and healthcare are all the other big ticket items, between $500–800 each.

    The biggest “non-necessity” expenditure is entertainment, coming in at roughly $300 a month.

    All figures listed are averages and do not account for variances between states with significantly different costs of living.

    Additionally this chart breaks down the average pre-tax household income by month. And averages can be skewed by ultra-wealthy outliers in the country with significantly larger expenses.

    For context, median household income for that same year stood at $80,610, about $20,000 lower than the average.

    Have U.S. households gotten richer over time? Check out How U.S. Household Incomes Have Changed Since 1967 to take a look at inflation-adjusted figures.

    Tyler Durden
    Fri, 01/10/2025 – 20:30

  • Macy's And Kohl's Announce Closures Of 93 Stores In Total
    Macy’s And Kohl’s Announce Closures Of 93 Stores In Total

    Authored by Naveen Athrappully via The Epoch Times,

    Retail chains Macy’s and Kohl’s are set to shut down nearly 100 stores across the country, with the decision following several quarters of negative year-over-year revenue growth.

    Macy’s is closing 66 stores across 22 states in an effort to “return the company to sustainable, profitable sales growth,” the retailer said in a Jan. 9 statement. Out of the 66 outlets, two have already been closed. A majority of the stores are expected to be closed during the first quarter of 2025.

    Meanwhile, Kohl’s announced plans to shutter 27 “underperforming stores” across 15 states by April this year.

    Macy’s year-over-year quarterly revenue growth registered declines for the past 10 consecutive quarters. The retailer’s “Bold New Chapter” strategy plans to shut down 150 unproductive stores while “investing in its 350 go-forward Macy’s locations through fiscal 2026,” the statement said.

    Macy’s CEO Tony Spring said that closing unproductive outlets would “allow us to focus our resources and prioritize investments in our go–forward stores, where customers are already responding positively to better product offerings and elevated service.”

    Shares of the company were down by more than 15 percent over the past year.

    As for Kohl’s, most of the closures are set to take place in California, with 10 outlets shutting down in the state.

    In addition, the company aims to shutter its San Bernardino E-commerce Fulfillment Center (EFC) in May, when the facility’s lease term expires. It is one of the 15 EFCs and distribution centers linked to the company across the United States.

    Kohl’s justified the decision, saying it is in a position to fulfill orders without the San Bernardino facility.

    “All associates have been informed, and offered a competitive severance package or the ability to apply to other open roles at Kohl’s,” it said.

    Kohl’s quarterly revenues have registered a year-over-year decline for 11 straight quarters. Over the past year, the company’s shares have crashed by more than 51 percent.

    Tough Business Conditions

    Several companies have slashed store counts, shuttered divisions, or filed for bankruptcy in recent months, citing profitability and cost challenges.

    This week, REI, a specialty outdoor retailer, said the company was exiting from its Experiences business, which included day tours and adventure travel. CEO Eric Artz said the segment “costs significantly more to run than it brings in.”

    “When we look at the all-up costs of running this business, including costs like marketing and technology, we are losing millions of dollars every year and subsidizing Experiences with profits from other parts of the business,” he said.

    Last month, party goods retailer Party City announced filing for Chapter 11 bankruptcy and shuttering almost 700 stores nationwide after being in business for almost four decades.

    The company said the decision was taken to ensure continued operations while it faced an “immensely challenging environment driven by inflationary pressures on costs and consumer spending, among other factors.”

    In October 2024, convenience store chain 7-Eleven announced closing 444 underperforming stores to boost efficiency and manage costs.

    According to a report from S&P Global, U.S. corporate bankruptcies hit a 14-year high in 2024, registering 694 filings. S&P’s bankruptcy calculations only consider large companies that exceed certain asset and liability thresholds.

    “Businesses continued to face pressure in 2024 from elevated interest rates, especially as total debt among credit-rated non-financial U.S. companies reached a quarterly record of $8.453 trillion,” the report said.

    “While some relief came in September when the U.S. Federal Reserve began lowering its benchmark interest rate from a 20-year high, the central bank’s monetary easing may slow in 2025.”

    Overall commercial Chapter 11 bankruptcies rose by 20 percent in 2024, according to a Jan. 3 statement from the American Bankruptcy Institute. Michael Hunter, vice president of bankruptcy data provider Epiq AACER, said he expects the filing growth to continue throughout this year.

    “If the current trend continues, new bankruptcy filings will return to pre-pandemic normalized volumes over the next 24–30 months,” he said.

    Tyler Durden
    Fri, 01/10/2025 – 20:05

  • "They Didn't Even Bother To Verify": Fortune Magazine Tricked Into Musk Hit Piece By Internet Rando
    “They Didn’t Even Bother To Verify”: Fortune Magazine Tricked Into Musk Hit Piece By Internet Rando

    Fortune Magazine published a hit piece on Elon Musk and X on Friday, claiming that two sources told them the social media giant was planning to remove dates from posts, and charge an $8 sign-up fee.

    Musk has floated the idea of nixing date and time stamps from the timeline to X to employees in recent weeks, a person familiar with internal conversations told Fortune. The suggestion, which has raised worries among some staffers for its potential to exacerbate misinformation, comes as X is moving ahead with a separate plan to begin charging new users an $8 fee to sign up and begin posting on the platform, two sources told Fortune.

    Only one problem – there was only one source, a random anonymous person on the internet who emailed journalist Kali Hays (also of Business Insider).

    https://platform.twitter.com/widgets.jsContinued…

    Then, on Wednesday, I decided to pull the ultimate trick.

    I told her I was fired by @elonmusk because I’m a frontend engineer who opposed his decision to remove dates from posts.

    I also claimed that X is planning to charge users to create accounts.

    She then asked a few follow-up questions, but I responded that I didn’t know.

    And then…

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    Tyler Durden
    Fri, 01/10/2025 – 19:40

  • The Real Cost Of Facebook's Now-Repudiated Censorship
    The Real Cost Of Facebook’s Now-Repudiated Censorship

    Authored by Josh Stylman and Jeffrey Tucker via The Brownstone Institute,

    History will remember this era as the moment when America’s most sacred principles collided with unprecedented institutional power – and lost. The systematic dismantling of fundamental rights didn’t happen through military force or executive decree, but through the quiet cooperation of tech platforms, media gatekeepers, and government agencies, all claiming to protect us from “misinformation.”

    Meta’s sudden dismantling of its fact-checking program – announced by Zuckerberg as a “cultural tipping point towards prioritizing speech” – reads like a quiet footnote to what history may record as one of the most staggering violations of fundamental rights in recent memory.

    After eight years of increasingly aggressive content moderation, including nearly 100 fact-checking organizations operating in over 60 languages, Meta is now pivoting to a community-driven system similar to X’s model.

    In his announcement, Zuckerberg first suggests that the censorship was purely a technical mistake, and then changes his tune near the end and admits what has long been litigated:

    “The only way that we can push back on this global trend is with the support of the US government. And that’s why it’s been so difficult over the past 4 years when even the US government has pushed for censorship. By going after us and other American companies, it has emboldened other governments to go even further.”

    In many court cases costing millions, involving vast FOIA requests, depositions, and discoveries, the truth of this has been documented in 100,000 pages of evidence. The Murthy v. Missouri case alone uncovered substantial communications through FOIA and depositions, revealing the depth of government coordination with social media platforms. The Supreme Court considered it all but several justices simply could not comprehend the substance and scale, and thus reversed a lower court injunction to stop it all. Now we have Zuckerberg openly admitting precisely what was in dispute: the US government’s involvement in aggressive violation of the First Amendment. 

    This should, at least, make it easier to find redress as the cases proceed. Still, it is frustrating. Tens of millions have been spent to prove what he could have admitted years ago. But back then, the censors were still in charge, and Facebook was guarding its relationship with the powers that be. 

    The timing of the shift is telling: a Trump ally joining the boardMeta’s president of global affairs being replaced by a prominent Republican, and a new administration preparing to take control.

    But while Zuckerberg frames this as a return to free speech principles, the damage of their experiment in mass censorship can’t be undone with a simple policy change.

    The irony runs deep: private companies claiming independence while acting as extensions of state power. Consider our own experience: posting Mussolini’s definition of fascism as “the merger of state and corporate power” – only to have Meta remove it as “misinformation.” This wasn’t just censorship; it was meta-censorship – silencing discussion about the very mechanisms of control being deployed. 

    While tech platforms maintained the facade of private enterprise, their synchronized actions with government agencies revealed a more troubling reality: the emergence of exactly the kind of state-corporate fusion they were trying to prevent us from discussing.

    As we’ve covered before, we didn’t just cross lines – we crossed sacred Rubicons created after humanity’s darkest chapters. The First Amendment, born from revolution against tyranny, and the Nuremberg Code, established after World War II’s horrors, were meant to be unbreakable guardians of human rights. Both were systematically dismantled in the name of “safety.” The same tactics of misinformation, fear, and government overreach that our ancestors warned against were deployed with frightening efficiency.

    This systematic dismantling left no topic untouched: from discussions of vaccine effects to debates about virus origins to questions about mandate policies. Scientific discourse was replaced with approved narratives. Medical researchers couldn’t share findings that diverged from institutional positions, as seen in the removal of credible discussions of Covid-19 data and policy. Even personal experiences were labeled “misinformation” if they didn’t align with official messaging – a pattern that reached absurd heights when even discussing the nature of censorship itself became grounds for censorship.

    The damage rippled through every layer of society. At the individual level, careers were destroyed and professional licenses revoked simply for sharing genuine experiences. Scientists and doctors who questioned prevailing narratives found themselves professionally ostracized. Many were made to feel isolated or irrational for trusting their own eyes and experiences when platforms labeled their firsthand accounts as “misinformation.”

    The destruction of family bonds may prove even more lasting. Holiday tables emptied. Grandparents missed irreplaceable moments with grandchildren. Siblings who had been close for decades stopped speaking. Years of family connections shattered not over disagreements about facts, but over the very right to discuss them.

    Perhaps most insidious was the community-level damage. Local groups splintered. Neighbors turned against neighbors. Small businesses faced blacklisting. Churches divided. School board meetings devolved into battlegrounds. The social fabric that enables civil society began unraveling – not because people held different views, but because the very possibility of dialogue was deemed dangerous.

    The censors won. They showed that with enough institutional power, they could break apart the social fabric that makes free discourse possible. Now that this infrastructure for suppression exists, it stands ready to be deployed again for whatever cause seems urgent enough. The absence of a public reckoning sends a chilling message: there is no line that cannot be crossed, no principle that cannot be ignored.

    True reconciliation demands more than Meta’s casual policy reversal. We need a full, transparent investigation documenting every instance of censorship – from suppressed vaccine injury reports to blocked scientific debates about virus origins to silenced voices questioning mandate policies. This isn’t about vindication – it’s about creating an unassailable public record ensuring these tactics can never be deployed again.

    Our Constitution’s First Amendment wasn’t a suggestion – it was a sacred covenant written in the blood of those who fought tyranny. Its principles aren’t outdated relics but vital protections against the very overreach we just witnessed. When institutions treat these foundational rights as flexible guidelines rather than inviolable boundaries, the damage ripples far beyond any single platform or policy.

    Like many in our circles, we witnessed this firsthand. But personal vindication isn’t the goal. Every voice silenced, every debate suppressed, every relationship fractured in service of “approved narratives” represents a tear in our social fabric that makes us all poorer. Without a full accounting and concrete safeguards against future overreach, we’re leaving future generations vulnerable to the same autocratic impulses wearing different masks.

    The question isn’t whether we can restore what was lost – we can’t. The question is whether we’ll finally recognize these rights as truly inviolable, or continue treating them as inconvenient obstacles to be swept aside whenever fear and urgency demand it. Benjamin Franklin warned that those who would surrender essential liberty to purchase a little temporary safety deserve neither liberty nor safety. Our answer to this challenge will determine whether we leave our children a society that defends essential liberties or one that casually discards them in the name of safety.

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    Tyler Durden
    Fri, 01/10/2025 – 19:15

  • Trump Assassination Suspect Complains About No Salt And Pepper With Meals, Cold Conditions, At Brooklyn Jail
    Trump Assassination Suspect Complains About No Salt And Pepper With Meals, Cold Conditions, At Brooklyn Jail

    Asif Merchant, a suspected Iranian agent accused of plotting to assassinate Donald Trump and other U.S. officials, is complaining about conditions in Brooklyn’s Metropolitan Detention Center, according to the New York Post.

    Held in solitary since his July arrest, Merchant has criticized the lack of salt and pepper for his vegetarian meals. The strict facility also houses figures like Sean “Diddy” Combs and alleged UnitedHealthcare CEO killer Luigi Mangione.

    In a letter to U.S. District Judge Eric Komitee, Asif Merchant’s lawyer criticized “arbitrary” restrictions at Brooklyn’s Metropolitan Detention Center, claiming they are intended to make his client’s life “more miserable.”

    The Post writes that Merchant, held in the SAMS unit, is reportedly denied warm clothing for his cold cell and access to basic seasonings or commissary items like spicy chips to flavor his vegetarian meals. His lawyer argued these restrictions lack any valid security justification.

    Merchant courtroom sketch, via New York Post

    “Merchant’s cell (and the attorney conference room on Unit 84) is very cold and he often comes to attorney-client meetings shivering from cold,” his lawyer wrote.

    “On the one occasion when Mr. Merchant was brought to the courthouse to meet with me and review discovery, he was so cold that he wore my winter coat throughout the meeting so he could warm up.”

    Merchant’s lawyer urged a judge to order better conditions at Brooklyn’s Metropolitan Detention Center, arguing that SAMS restrictions shouldn’t mean enduring bland food in a cold cell without proper clothing.

    The attorney called the conditions “inhumane” and said they interfere with Merchant’s right to counsel and defense preparation. 

    Merchant, accused of plotting political assassinations in retaliation for the 2020 killing of Iranian military leader Qassem Soleimani, allegedly paid $5,000 to men he thought were hitmen.

    He’s being held alongside high-profile inmates like accused sex-trafficker Combs and alleged assassin Mangione, the report says. 

    Tyler Durden
    Fri, 01/10/2025 – 18:50

  • Grain-Fed Vs. Grass-Fed Beef: What's the Difference?
    Grain-Fed Vs. Grass-Fed Beef: What’s the Difference?

    Authored by Emma Suttie, D.Ac via The Epoch Times,

    How many of us truly know the difference between grass- and grain-fed beef beyond its impact on our wallets?

    Clint Austin/PeopleImages.com – Yuri A/Shutterstock

    How cattle are fed and raised affects their meat’s flavor, texture, and nutritional value—while also impacting the environment and the costs for both farmers and consumers. Understanding what goes into the beef we eat is key to making more informed choices.

    Let’s explore the differences and see which option might be best for you, the planet, and the animals.

    Early Life

    Raising cattle is a complex process, and they go through different stages before they reach our plates.

    Cattle destined to become either grain- or grass-fed start their lives in a similar way. As calves, they nurse from their mothers and roam freely, grazing on grass and other plants or forage. However, once they are weaned, their paths diverge, and their lives are very different.

    Grain Fed Cattle

    After the initial stage, when animals are usually between 6 and 8 months old, conventionally raised cattle may be moved to backgrounder farms and ranches before they arrive at a feedlot for finishing at about 14 to 22 months.

    Allison Kosto, a Broadwater County Extension Agent at Montana State University Extension, said that after calves are weaned, they have a couple of potential destinations.

    Around 60 percent of calves are backgrounded—a phase designed to increase their weight before finishing. The remaining calves go to a feedlot for finishing directly after weaning, she told The Epoch Times in an email.

    Feedlots are where cattle are finished—or fattened up—on a grain-based diet that usually contains corn and soy. This diet brings the animals to their target weight more quickly, preparing them for slaughter sooner.

    About 95% of cattle in the United States are finished this way,” Kosto said. “The reason behind this practice is that as cattle become older, they become less efficient, making it more difficult for them to convert feed to muscle or meat,” she said.

    Kosto added that grain provides more energy than forage, such as grass or hay, so the cattle grow faster. In addition, feeding grain enables cattle to be kept in smaller spaces, freeing up land farmers can use for other purposes.

    Feedlots, feed yards, or concentrated animal feeding operations (CAFOs) are large operations with animals in more confined spaces. Although this option is more economical, crowded conditions can expose animals to potential health problems because of their close quarters and limited ability to move.

    However, Kosto says one of the biggest misconceptions about the difference between grain and grass-fed beef is that grain-fed animals spend most of their lives in confinement, which she says isn’t true. Conventionally raised animals typically spend only their last four to six months eating grains in feedlots.

    “Grain-fed cattle are typically slaughtered between 14–18 months of age, but could be up to 22 months of age,” Kosto noted. Grass-fed cattle take much longer to finish, are typically slaughtered between 22 to 30 months of age, and are less likely to go through a backgrounding phase, she added.

    Conventionally raised cattle receive various medications, such as vaccines for respiratory and gastrointestinal diseases; antibiotics to prevent and treat infection; steroid implants to promote growth; and anabolic compounds to encourage weight gain and feed efficiency. Antibiotics, like tetracycline and sulfamethazine, deworming, and parasite treatments, are given preventatively to combat the stress the animals may experience from transport and crowded conditions.

    Stress affects the animals, as well as the finished product.

    “Animals that have been stressed release hormones into the meat, which results in it being less tender. In general, grass fed beef has been exposed to fewer stress events in their life than traditional grain-finished cattle,” Kosto said. “However, just because animals are grain-fed does not automatically mean they were stressed. Stress is related to lots of factors such as animal handling, management, and transportation before slaughter,” she added.

    There are also concerns that increasing antibiotic use in cattle, particularly in large-scale feedlot operations, contributes to multidrug antibiotic resistance. Such resistance makes it increasingly difficult to treat infections with conventional medicine.

    A recent study by researchers at the University of Saskatchewan found an antibiotic-resistant gene in cattle feedlot water bowls, and another recent study states that antibiotic use in farming is expected to increase by 8 percent in the decade between 2020 and 2030.

    Grass-Fed Cattle

    After weaning, grass-fed cows graze in open pastures, eating grass and other forage. They can move around freely and spend their days outdoors. These cows tend to be healthier because they live harmoniously with their environment and eat their natural diet. Grass-fed cattle make up approximately 4 percent of beef in the United States.

    Because grass has less energy and fewer calories, grass-fed animals take longer to reach their target weight (up to twice as long). They also require more land for grazing than their grain-fed counterparts, making operations more expensive.

    Cattle that have eaten grass their entire lives have leaner meat with less fat.

    When we see grass-fed beef on grocery store labels, we assume these animals ate grass their entire lives and never ate grain. However, there is some ambiguity in grass-fed claims.

    Tom Moore raises 100 percent grass-fed beef on his cattle farm, M & M Farms, in Arkansas.

    “Well, if you say 100 percent grass-fed, that pretty much covers it. But, if you just call your cattle or your product grass-fed, that leaves room for the fact that, yes, it ate grass once in its lifetime—however, for the last several months of its life, it could have been fed a heavy diet of grains,” he said.

    Click to buy grass-fed / grain-finished, amazing freeze-dried beef. We’ve tried it, we love it, we will defend it from marauders in the apocalypse…

    “Very often, they [cattle] would go right from milk to grain in a commercial pipeline, and they probably have enough grass that they could legitimately say that they had been fed grass—but you almost cannot prevent them from eating grass—that’s their food of choice,” he added.

    Grass Finished

    There is also beef labeled grass-finished. Kosto says that although this term is sometimes used interchangeably with grass-fed, these terms can have different meanings.

    Grass-finished means the animal was brought to finish weight on a non-grain, forage-based diet,” she said.

    “By definition, it is possible for grass-finished beef to be fed grain at some point in its life. However, during the final finishing phase, the animal was still brought to its final weight on a grass/forage based diet,” she added.

    Because there aren’t label guidelines for the term grass-finished, Kosto said that producers can still use it for animals who have eaten grass their entire lives.

    Health Comparisons

    Kosto says that grass-fed animals are generally leaner and have less fat and fewer calories. Studies show that grass-fed meat has higher vitamins A and E, omega-3 fatty acids, and conjugated linoleic acids.

    Both grass and grain-fed beef are high in a wide variety of nutrients. However, studies show that grass-fed beef is higher in many beneficial nutrients, improving the animal’s health—and ours when we eat them.

    Andrea Soares, a registered dietitian with Top Nutrition Coaching, spoke to The Epoch Times about the difference between grass- and grain-fed beef. She said grass-fed beef has become popular for its potential health and environmental advantages, as it provides a more natural and nutrient-dense alternative to grain-fed beef. Since grass is a part of the animal’s natural diet, she said this approach may promote better health for the animals and those who consume the meat.

    “While grass-fed beef tends to be leaner and richer in certain nutrients, grain-fed beef is often preferred for its affordability, tenderness, and milder flavor due to higher fat content. Both can have a place in a healthy diet, but grass-fed beef may offer added advantages for those seeking specific health benefits,” she said in an email.

    Grass-fed beef contains up to five times more omega-3 fatty acids than grain-fed beef. Omega-3s are crucial for reducing inflammation, supporting cardiovascular health, and improving brain function,” Soares said.

    She added that grain-fed beef contains higher levels of omega-6 fatty acids. Although omega-6s are essential, they tend to be overly abundant in the modern diet, which may contribute to inflammation if not balanced with omega-3s. Grass-fed beef provides a healthier balance of omega-3 to omega-6 fatty acids, she said.

    Too many omega-6 fatty acids and too few omega-3s make us more prone to inflammation, make the immune system more reactive, and increase the likelihood of blood clots.

    Grass-fed beef is higher in B vitamins. One study found that grass-finished beef had almost twice the riboflavin, three times the thiamine, and as much as four times the vitamin E of beef finished on grain.

    Another study found that the longer bulls were on a high-concentrate corn diet, the more insulin resistant they became, and their average daily weight gain and feed efficiency, or ability to turn food into energy and body mass, decreased. The study also suggests inflammation could be a factor in developing insulin resistance in cattle.

    Pesticides

    Grains like corn and soy are subsidized by the government, making it a more economical option for farmers. However, grains grown for livestock are sprayed with pesticides like glyphosate (the active ingredient in Roundup) to increase yields. Although the U.S. Environmental Protection Agency (EPA) has guidelines for maximum residue limits for glyphosate in food, including animal feed, The International Agency for Research on Cancer has classified glyphosate as a probable human carcinogen (Group 2A), and recent research found that even brief exposure in mice led to significant inflammation in the brain which is associated with neurodegenerative diseases like Alzheimer’s. The study also found that the effects persisted even after exposure.

    Soares said that grass-fed animals are less likely to encounter pesticides because their diet mainly consists of grass and forage, steering clear of conventionally grown crops like corn and soy, commonly used in grain-fed diets. By contrast, grain-fed cattle often consume feed that may carry pesticide residues from treated crops, she added.

    Soares noted that although regulatory agencies monitor and maintain pesticide levels in grain-fed beef within safe limits, minimizing exposure is especially important for people with increased sensitivities or those striving for a cleaner food option.

    And then there are the environmental implications.

    Grass-fed systems often rely less on pesticide-intensive agricultural practices, promoting biodiversity and soil health. This may resonate with consumers prioritizing sustainability,” she said.

    Pesticides used on crops fed to livestock can also leave residues that accumulate in the animal’s fatty tissue, which can be passed on to consumers in the final product. Although regulatory agencies like the EPA set maximum limits for pesticides in foods, the long-term health implications of low-level pesticide exposure through meat consumption are still being studied.

    Regulatory bodies ensure that food safety standards are met—however, there are concerns that long-term exposure and its cumulative effects may have long-term consequences for human health. More research is needed to fully understand the health effects of consuming pesticide residues in beef and other animal products.

    One way to avoid these chemicals is to choose organic products—a U.S. Department of Agriculture (USDA) certification used in grass and grain-fed beef. These animals are raised without antibiotics and growth hormones and eat forage and grain not treated with pesticides.

    Labeling and Grading

    The Food Safety Inspection Service (FSIS), which is part of the USDA, has updated its rules about labels on meat and poultry products. These labels can include terms like “Grass Fed,” “Raised Without Antibiotics,” “Free-Range,” or “Raised Without the Use of Hormones.”

    These labels—called “special statements and claims”—are optional. Farms and companies can choose to put them on their products, but they aren’t required to do so.

    For now, the FSIS has decided not to create official definitions for animal-raising claims in its rules.

    The FSIS also recommends beef producers use independent third-party organizations to verify animal-raising claims, such as “grass-fed” or “hormone-free.” If a product has a third-party certifier’s name, logo, and website on the label, it doesn’t need to explain the claim on the product itself as long as the certifier’s website clearly explains the claim and the standards behind it.

    Moore’s farm works with a third-party inspector called A Greener World, which gives his farm an “animal welfare” and “100 percent grass-fed” certification. His was the first farm in Arkansas to receive the certifications.

    Moore says that to receive animal welfare certification, an inspector comes to the farm and examines different aspects, like the animals’ feed and water sources, and ensures they have adequate shelter in case of extremely cold weather or if their pasture is destroyed by fire. There are also strict rules about what medications can be given, and he must keep meticulous records of the medications animals receive.

    They’ll even go as far as look at the trailer that we transport our animals in and make sure we’ve got a non-skid surface in the trailer so that if we’re going down the highway, the animals have less chance of slipping and being hurt,” Moore said.

    “That’s the animal welfare portion of it. That is one label that we’re allowed to use on our packaged product. We also qualify for 100 percent grass-fed, and they monitor that, too,” he added.

    Kosto says that the USDA used to have a “USDA-Grass fed Beef” certification program that outlined the requirements for producers to use the grass-fed label, but that it was discontinued in 2016. However, FSIS—part of the USDA—now provides guidelines for using the grass-fed label.

    “FSIS states that grass fed claims may only be applied to meat and meat products derived from cattle that were only (100%) fed grass (forage) after being weaned from their mother’s milk. FSIS does not provide any guidelines for ‘grass-finished,’” she said.

    Kosto also noted that while FSIS requires documentation to support grass-fed claims, it doesn’t provide a certification program like the previous one offered by the USDA, adding that an example would be the USDA-Certified Organic certification program, which requires extensive documentation and inspections to support label claims.

    There are downsides to raising grass-fed cattle, noted Kosto.

    “Because a grass-fed animal requires more time on feed to reach a target weight, the meat has less marbling [fat] and is less likely to grade prime,” Kosto said.

    The USDA has a system for grading beef, which indicates its quality, fat content (or marbling), tenderness, juiciness, and flavor. Three grades are sold at the retail level: “Prime” is the highest quality, followed by “Choice” and “Select.” Grading is voluntary, and meat processing operations must pay for the service. The USDA notes that protein, vitamin, and mineral content are similar regardless of the grade.

    Cost Differences

    Moore explains the cost difference for him.

    “One reason that our product—the 100 percent grass-fed—is more expensive per pound than the factory is that we don’t have the same economies of scale. We can’t turn our cattle around in 18 months—it takes almost twice as long.”

    Kosto says another concern is that more land is required to finish animals on a forage-based diet and that the United States is likely at or close to capacity for grass-finished animals. Through subdivision development, productive agricultural land disappears and will never be replaced.

    “We are seeing that a lot here in Montana. Additionally, as the population continues to grow, so does the demand for food. Therefore, agriculture in the United States needs to figure out how to be more productive with less land. Quite a conundrum, isn’t it?!” she said.

    Final Thoughts

    Raising cattle is a complex process, and there’s no simple way to describe all grass-fed or grain-fed animals because many factors come into play. However, all beef is nutritious and provides important protein, vitamins, and minerals. Whether you choose grain-fed or grass-fed beef depends on what’s important to you and what you can afford.

    With so many variables, Kosto suggests developing a relationship with agriculture producers and farmers to better understand the industry’s practices—grain-fed or grass-fed—as there are many misconceptions. Your local university extension office can help connect you with local producers.

    “Many farmers and ranchers are more than happy to share their world and answer questions. And when you can buy meat directly from them, you are supporting them directly rather than a production chain,” she said.

    Tyler Durden
    Fri, 01/10/2025 – 18:25

  • Greenland 'Ready To Talk' With Trump As 'Status Quo No Longer An Option'
    Greenland ‘Ready To Talk’ With Trump As ‘Status Quo No Longer An Option’

    Greenland Prime Minister, Múte Egede, said on Friday that he has not spoken with Donald Trump regarding the President-elect’s recent interest in buying the Danish-controlled territory, but that he’s ‘ready to talk,’ as the ‘status quo is no longer an option.’

    Greenland PM Múte Egede  (Ritzau Scanpix / AFP via Getty Images)

    Speaking next to Danish PM Mette Frederiksen at a joint press conference, Egede emphasized the need for investment in resource development as well as diversified industries in order to reduce dependence on Danish subsidies. That said, Egede also said that “Greenland is for the Greenlanders. We don’t want to be Danes. We don’t want to be Americans. We obviously want to be Greenlanders.

    Frederiksen, meanwhile, says she has asked to speak with Trump.

    “We have suggested a conversation [with Trump] and I expect it will take place,” she told reporters Thursday night after meeting with other senior Danish officials about the situation – adding that she doesn’t expect any dialogue until after Trump’s Jan. 20 inauguration.

    Her comments came just 48 hours after Trump declined to rule out military or economic force to gain control of Greenland, however Frederiksen says there is “no reason to believe” that Trump plans to invade Greenland.

    Meanwhile, earlier in the week Danish defense minister Troels Lund Poulson admitted that Denmark had “neglected for many years to make the necessary investments in ships and in aircraft that will help monitor our kingdom, and that is what we are now trying to do something about.”

    Greenland to Play All Sides

    Trump’s fixation on Greenland has catapulted the world’s largest island into a position of unexpected influence. What once seemed like a farcical bid in 2019 has found new relevance amid Greenland’s growing push for independence from Denmark. As the territory approaches a pivotal general election, its leaders find themselves navigating a rare moment of leverage – one that pits powerful nations against each other, Bloomberg reports.

    According to a statement from the Greenlandic government, they are “open to increased and constructive cooperation with our closest neighbors,” adding “Greenland looks forward to discussing the possibilities for business cooperation, the development of Greenland’s mineral sector, including critical minerals and other relevant areas with the US.

    The stakes could not be higher. Greenland’s geopolitical significance has surged alongside the melting of its vast ice sheet, transforming the island into a key player in global security and resource extraction. Beyond its role as host to an American military base critical to missile detection and space surveillance, Greenland’s untapped reserves of gold, diamonds, uranium, and rare earth minerals have made it a coveted prize in the competition for dominance over strategic minerals.

    According to sources familiar with the matter, Trump’s transition team began consulting private sector experts as early as November on potential ventures in Greenland. Among the ideas floated are rare earth mining projects and a new hydroelectric facility – a nod to the island’s renewable energy potential. These previously undisclosed conversations underscore Washington’s escalating interest in the Arctic as a buffer against Chinese influence.

    “Trump is absolutely capitalizing on Greenland’s push for independence,” said Jacob Kaarsbo, independent foreign security adviser and former chief analyst at the Danish Defence Intelligence Service. “I can easily see a scenario where Greenland moves away from Denmark after the upcoming elections.”

    As we noted on Thursday, Blackwater founder Erik Prince said in a recent interview that Trump’s 1st administration was closer than anyone knew to securing a groundbreaking agreement with Denmark to take control of Greenland.

    “I think what Trump had proposed last time, last administration, was effectively a 50-50 rev share where the US would take over the overhead costs because it costs Denmark tens of billions of dollars a year for the policing, security, and administration of Greenland,” said Prince, adding “The US would take that on, but then it would basically split the revenue of any mining or energy development together with Denmark. I think it’s a good deal for Denmark and a good deal for the United States.”

    For Greenland, the attention – though controversial – is fortuitous. The island’s independence movement, long fueled by resentment over Denmark’s colonial past, has gained momentum. Revelations in 2022 about Danish doctors coercing Greenlandic teenagers into birth control programs during the 1960s and 1970s further deepened grievances. Today, many Greenlanders point to ongoing disparities, including reports of racial discrimination by Danes, as evidence of a need for self-determination.

    A Turning Point in Greenland-Denmark Relations

    Under the current governance framework established in 2009, Greenland has autonomy over domestic affairs such as health care and education, while Denmark retains control over foreign policy and defense. PM Egede, seeking reelection, has made the case for shedding “the shackles of the colonial era,” calling for a future where Greenland determines its own destiny.

    However, economic dependency remains Greenland’s Achilles’ heel. Denmark’s annual subsidy of $600 million underpins key services – from health care to education – in a nation whose total GDP hovers around $2.4 billion. Without this financial lifeline, independence could become unsustainable unless new partnerships fill the gap.

    Enter the United States. “If you want to have control over Greenland or have them closer to the US, it must be done by offering them more money than they currently get from Denmark in subsidies,” said Peter Viggo Jakobsen, a professor at the Center for War Studies at the University of Southern Denmark. “If Trump can offer the Greenlandic people a better deal, I can easily imagine that a majority of the population will declare independence.”

    Rare Earths and National Security

    One promising path for economic diversification lies in Greenland’s vast troves of rare earth elements – crucial for electronic devices, defense systems, and green energy technologies. As the U.S. seeks to curb its reliance on China for these minerals, Greenland’s untapped resources present an opportunity for a strategic partnership.

    Meanwhile, Denmark has responded to the shifting dynamics with unprecedented investments in Arctic infrastructure. Shortly after Donald Trump Jr.’s surprise five-hour visit to Nuuk last week, Copenhagen pledged funding for a new hydropower project. The Danish government also rolled out defense upgrades aimed at reinforcing its Arctic presence, signaling a renewed commitment to Greenland’s development.

    Symbolism has also played a role. Denmark recently updated its royal coat of arms to feature Greenland prominently and introduced Greenlandic interpreters in parliamentary sessions—moves designed to foster goodwill amid rising tensions.

    Free Association?

    Should Greenland opt for independence, one potential model is free association – a status where the island could function as a sovereign state while maintaining economic ties with a partner nation, as seen in agreements between the U.S. and the Marshall Islands. This arrangement would grant Greenland control over its natural resources while ensuring continued financial support for public services.

    Yet the road to independence is fraught with challenges. Any secession would require protracted negotiations between Copenhagen and Nuuk, culminating in a binding referendum. Both the Danish and Greenlandic parliaments would need to ratify the terms

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    Tyler Durden
    Fri, 01/10/2025 – 18:00

  • Turley: New York Legal System Indicts Itself With Trump Sentencing
    Turley: New York Legal System Indicts Itself With Trump Sentencing

    Authored by Jonathan Turley via jonathanturley.org,

    With the sentencing of Donald Trump Friday, the final verdict on the New York criminal trial of the president-elect is in. The verdict is not the one that led to no jail or probation for the incoming president. Acting Justice Juan Merchan has brought down the gavel on the New York legal system as a whole.

    Once considered the premier legal system in the country, figures like New York Attorney General Letitia James, Manhattan District Attorney Alvin Bragg, Justices Arthur F. Engoron and Juan Merchan have caused the system to be weaponized for political purposes. Trump will walk away from this trial and into the White House in less than two weeks, but the New York system will walk into infamy after this day.

    The case has long been denounced by objective legal observers, including intense Trump critics, as a legal absurdity. Even CNN’s senior legal analyst Elie Honig denounced the case as legally flawed and unprecedented while Sen. John Fetterman, D-Pa., simply called it total “b—s–t.”

    It is a case based on a non-crime. Bragg took a long-dead misdemeanor and zapped it back into life with a novel and unfounded theory. By using federal violations that were never charged, let alone tried, Bragg turned a misdemeanor into dozens of felonies and essentially tried Trump for federal offenses.

    Merchan not only allowed those charges to be brought to trial but then added layers of reversible errors in the effort to bag Trump at any cost.  For that, he was lionized by the liberal media and many New Yorkers. However, Trump still managed to pull in 3.6 million New York votes, or 42.7%, in the 2024 election. After all of the lawfare and every advantage (including a heavily biased media and a larger war chest), Vice President Kamala Harris lost hundreds of thousands of votes in 2024 in comparison to Joe Biden just four years earlier.

    Many polls showed that the public saw the Manhattan criminal case for what it was: raw lawfare targeting a leading political opponent. The election itself felt like the largest verdict in history as citizens rejected the political, legal, and media establishments in one of our nation’s most historic elections.

    The New York court system will now have a chance to redeem itself but few are holding their breath. The appellate court has still not ruled on an appeal of Attorney General Lettia James’s equally absurd civil lawsuit against Trump. Despite judges expressing skepticism over Endoron’s use of a law to impose a grotesque $455 million in fines and interest, we are still waiting for a decision.

    Most are waiting for this criminal case to escape the vortex of the New York court system. With this appeal, this peddler’s wagon of reversible errors will finally pull up in front of the Supreme Court itself.

    With its ruling on Thursday night, the setting for a decision could not be better for Trump. The Supreme Court has again demonstrated that it has shown restraint and independence in these cases. In response to the ruling, Trump struck the perfect note Thursday night and declined to criticize the Court, stating that “This is a long way from finished and I respect the court’s opinion.”

    The ultimate penalty on Friday morning from Judge Merchan reflects the lack of seriousness in the case. It was more inflated than the Goodyear blimp, pumped up by hot rage and rhetoric. The sentence was the pinprick that showed the massive void within this case.

    The verdict is in. The New York legal system has rendered it against itself.

    Tyler Durden
    Fri, 01/10/2025 – 17:40

  • Trump Organization In Talks To Reclaim Prized DC Hotel
    Trump Organization In Talks To Reclaim Prized DC Hotel

    President-elect Donald Trump’s real-estate company is in talks to reclaim its former Washington DC hotel, under which they would purchase the lease currently controlled by merchant bank BDT & MSD Partners.

    Photo: Jonathan Newton/The Washington Post via Getty Images

    According to the WSJ, Eric Trump has been negotiating the purchase of the lease, though the talks are still in early stages and may not lead to a sale, said people familiar with the matter.

    The hotel is currently a Hilton-owned Waldorf Astoria that operates out of the Old Post Office building – which is owned by the federal government, but was leased to the Trumps in 2016 when they opened the hotel. The family sold the lease rights in 2022 for $375 million to CGI Merchant Group, which invested additional money in the property. After they defaulted on debt related to the purchase in 2023, lender BDT & MSD Partners foreclosed on it and took control. Since then, they’ve been operating the property, which has some of the highest revenue per available room of any hotel in the city.

    According to the report, the Trumps are looking for a hotel in the capital as Trump prepares his return to the Oval Office. Reacquiring the rights could cost over $300 million, according to people familiar with the hotel’s operations and revenue.

    If successful, the Trumps might be able to negotiate a new deal and resume operation of the property.

    Democrats seized and pounced during Trump’s first term, alleging that his financial stake in the hotel violated the ‘Foreign Emoluments Clause,’ which prohibits a president from receiving things of value from foreign or state governments. Critics claimed that foreign nationals spent lavishly on Trump hotel suites, the restaurant, and on room service. The Trump Organization hit back, saying it doesn’t market the hotel to foreign dignitaries, and that it wrote a check to the US Treasury Department for monies received from foreign government guests.

    Maryland and DC attorneys general filed lawsuits claiming violations of the emoluments clause, however they were dismissed by the Supreme Court in 2021, shortly after President Biden took office.

    So of course – if the Trump Organization is able to buy back the rights to the hotel, those same conflict-of-interest issues are likely to resurface.

    The Trump Organization paused or pulled back from many of its business ventures during his presidency, though it has revived its global expansion in recent years. The company is building a second golf course in Scotland and has branding deals with residential projects in India and resort developments in Indonesia.

    Trump agreed to manage and brand a golf and resort project in Oman, teaming up with Dar Al Arkan, a Saudi real-estate firm. The firm also has resorts, condominiums and other ventures in more than 10 countries. -WSJ

    The Trump Organization interest in the DC hotel goes back to 2012, when they won a heated bidding contest for a long-term lease, with extensions running close to 100 years. The family beat out other real-estate investors and hotel companies, including Hilton and Marriott, for the right to run the property.

    During the 1st Trump presidency, the hotel became ‘something of a Republican clubhouse,’ according to the report, which notes that fans, lobbyists, lawmakers and others flocked to the hotel to hang out.

    The hotel boasts some of the largest guest rooms in the capital, some of which have 18-foot high ceilings. A Saturday stay at a suite starts at $1,395 per night according to the Hilton website.

    Tyler Durden
    Fri, 01/10/2025 – 17:20

  • California Imposes 1-Year Insurance Cancellation Freeze In Areas Ravaged By Wildfires
    California Imposes 1-Year Insurance Cancellation Freeze In Areas Ravaged By Wildfires

    Authored by Tom Ozimek via The Epoch Times,

    Los Angeles and surrounding wildfire-hit regions are shielded by a new one-year moratorium on insurance non-renewals, according to California’s insurance commissioner, Ricardo Lara, who announced the year-long freeze on Jan. 9.

    “I am using my moratorium powers to prevent insurance companies from canceling or non-renewing policies in wildfire-impacted areas, so people don’t face the added stress of finding new insurance during this horrific event,” Lara said in a statement.

    The one-year moratorium on policy non-renewals and cancellations protects residents in and near the ZIP codes affected by the Palisades and Eaton fires in Los Angeles County, regardless of whether the properties sustained damage, according to Lara.

    [ZH: … and all it took was a bunch of angry rich democrats losing their homes!!!]

    The ZIP codes covered by the moratorium are listed in the Commissioner’s Bulletin, a document that formalizes the freeze.

    The California Department of Insurance may release a supplemental bulletin if new ZIP codes are identified as being within or near the fire perimeter related to the declared state of emergency for Los Angeles and Ventura counties, according to Lara.

    The authority to issue such moratoriums was granted to the insurance commissioner by Senate Bill 824, introduced by Lara during his tenure as a state senator and signed into law in 2018. The law prohibits insurers from canceling or refusing to renew residential property policies in wildfire-affected areas when a state of emergency is declared. It also provides policyholders who lose their homes to fire with protection for up to 24 months.

    The freeze is effective starting from Jan. 7, the day that Gov. Gavin Newsom declared an emergency to support the communities impacted by the fires. Newsom’s declaration noted that much of Southern California faced life-threatening winds and extreme fire risk.

    Besides the moratorium, Lara announced a two-day workshop on Jan. 18–19 for residents affected by the fires to help them understand their insurance policies and provide them with additional resources.

    At least 10 people have been killed in the wildfires to date, Los Angeles County officials have confirmed. Around 180,000 people remain under mandatory evacuation orders as firefighters work to contain the infernos.

    Nearly 36,000 acres had been burned and over 10,000 structures had been destroyed by the fires in the Los Angeles area, according to Cal Fire on Friday morning. Forecasters say the high-fire weather risk will continue into Friday.

    The potential economic loss and damage from the fires is estimated to be between $135 billion and $150 billion, according to AccuWeather data released on Jan. 9. Previously, the company estimated damages to be between $52 billion and $57 billion. The preliminary damage estimate accounts for both insured and uninsured losses, including property damage, wage impacts, infrastructure destruction, supply chain disruptions, and other related effects.

    “These fast-moving, wind-driven infernos have created one of the costliest wildfire disasters in modern U.S. history,” AccuWeather Chief Meteorologist Jonathan Porter said in a statement. “Hurricane-force winds sent flames ripping through neighborhoods filled with multi-million-dollar homes. The devastation left behind is heartbreaking and the economic toll is staggering.”

    The insurance industry is bracing for significant losses. Early projections from Morningstar DBRS estimate the catastrophe could result in $8 billion in insured losses.

    “Property insurance affordability is likely to remain a challenge in the state going forward, with many property owners opting to remain uninsured or under-insured because of the high costs,” Patrick Douville, vice president of global insurance and pension ratings at Morningstar DBRS, said in a Jan. 9 note.

    Bloomberg Intelligence analysts project that insured losses could reach $10 billion, citing the high value of homes at risk.

    Tyler Durden
    Fri, 01/10/2025 – 17:00

  • Israel, US, UK Launch New Airstrikes On Yemen Amid Efforts To 'Hunt' Houthi Leaders
    Israel, US, UK Launch New Airstrikes On Yemen Amid Efforts To ‘Hunt’ Houthi Leaders

    On Friday Israel has launched new major strikes on Yemen, amid ongoing vows to ‘hunt’ down Houthi leaders and kill them.

    A new Israeli military (IDF) statement said fighter jets struck “on the western coast and inland Yemen” in response to the day prior Houthis having launched three drones at Israel. It also follows a Pentagon-ordered air raid on Yemen earlier this week. The fresh strikes further targeted the port city of Hodeida, Ras Isa Port, Sanaa, as well as North Western Amran province – and reportedly had participation from the US and UK.

    Via Israel Defense Forces

    Prime Minister Benjamin Netanyahu said Friday that the latest air assault means Houthis will continue to pay a price for attacking Israel. 

    He said that twenty Israeli Air Force jets participated in the new strikes against the Houthis, which followed on the heels of another new US-led coalition assault.

    Times of Israel has noted that “The Houthis confirmed the strikes and said they occurred while people were rallying in Sanaa in support of Palestinians in Gaza.”

    Last month Netanyahu called out Iran for its support to the Houthis, warning that “whoever sponsors the Houthi terror in Hodeida or Sana’a will pay the full price.” 

    Washington has for years documented Tehran’s support to the group, which has included advanced missiles and drone technology. This has allowed the threat out of Yemen to grow significantly.

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    Late December also saw one of the biggest Houthi strikes to date, coming in the form of a reported hypersonic ballistic missile which hit Tel Aviv, leaving 16 people injured.

    Also on Friday, Israel launched new strikes in southern Lebanon, despite the ceasefire with Hezbollah having generally held up to this point.

    Lebanon’s health ministry said that this resulted in at least two people killed and two more wounded. “The Israeli military did not immediately comment on the attack in Tyre province, and it’s unclear what was targeted,” Associated Press writes. “Lebanon’s state media reported the strike hit a car in the town of Tayr Debba.”

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    While the Hezbollah front has generally quieted over the past month, the Red Sea situation seems to have no end in sight. The more that Israel and the US attack Yemen, the more the Houthis are resolved to respond, sometimes with direct attacks on Western warship’s off Yemen’s coast.

    Tyler Durden
    Fri, 01/10/2025 – 16:40

  • Apocalypse Still Unspooling
    Apocalypse Still Unspooling

    Authored by James Howard Kunstler,

    “‘Climate Change’ has been identified: it’s a 28-YO man from Reseda in a black hoodie holding a lighter and some matches.”

     – Peach Keenan

    “Life imitates art,” Oscar Wilde quipped, a most insightful glimpse into the human condition delivered as a wise-crack. Very Hollywood. Too bad there were no late-night talk shows in Oscar’s time. It took more than eighty years, but the apocalyptic burning of Los Angeles depicted at the climax of Nathanial West’s 1939 novel The Day of the Locust has finally come — the city of dreams turned into one big flaming nightmare.

    The adumbrations of this fiasco will darken our national life for years to come.

    Who knew that the best way to convert Utopian Woke Democrats back into a reality-based thought system would be to burn their houses down?

    The wealthy showbiz folk occupying the moral high ground of the Pacific Palisades voted Democratic by 90-percent. They were fully on-board with the agenda of the Party of Chaos, especially Diversity-Equity-and-Inclusion (DEI) and the open border that allowed a deluge of mysterious strangers to flood the country.

    Now, reports come across the “X” wires that these mystery folk are cruising the wreckage in the canyons on scooters and in cars to loot anything left of value.

    The police are shown on video capturing a mystery migrant with a blowtorch suspected of starting the latest outbreak named the Kenneth Fire on the edge of the San Fernando Valley.

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    Loud-and-proud DEI firefighters were stymied in their work by neighborhood fire hydrants that were disappointingly not “full of water,” as they put it. Is that how it works? Each hydrant is supposed to get filled up on a regular schedule by water pixies?

    You know by now that LA Mayor Karen Bass was unavailable for the early innings of the conflagration, having flown to the West African nation of Ghana for the inauguration of the new president John Dramani Mahama. But she managed to scramble back in time to mourn the smoldering ruins of Malibu. Governor Gavin Newsom dallied on a smoke-filled street with CNN’s disaster specialist, Anderson Cooper, pretending to manage the situation, which was, in fact, completely out of control. Among the things the governor has been criticized for is poor forest and brush management. Mr. Newsom has been lately working to pass a $25-million bill to fund measures for “Trump-proofing” California. For that same $25-million, he could have hired 500 workers at $50,000-a-year to cut brush around Los Angeles County. That is, if he didn’t avail himself of work-gangs from the California penitentiaries.

    Even “Joe Biden” was in town, to announce the creation of a new national monument, the Chuckwalla National Monument, south of Joshua Tree National Park — 125 miles out in the Mojave Desert from LA. But he had helpful phone conversations with Governor Newsom. . . promises of federal funding to build Malibu back better. I wonder if the folks still camping out in tents back in the Mountains of Carolina heard about that. This same week “JB” also announced another $500-million aid package for Ukraine. Anybody wondering why “America First” helped get Mr. Trump elected?

    You can’t overstate the amount and degree of family devastation to be endured in the months and years ahead.

    For one thing, many homeowners recently had their fire insurance cancelled. Decades of punitive bureaucracy made rate increases difficult in wildfire-prone areas, so companies like Allstate decided to quit doing business in the state. So, many of the thousands of lost houses will be total losses. A great many of these were multi-million-dollar houses, even modest ones built in the 1960s, due to the extreme desirability of neighborhoods like Pacific Palisades, the Hollywood Hills, and Malibu Beach. Some middle-class people had their entire nest-eggs vested in these houses.

    Comedian and podcaster Adam Carolla put out an insightful video rant about just how difficult it will be to rebuild, even if you had homeowner’s insurance — or happened to be a very wealthy Hollywood actor.

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    He put a spotlight on the monumentally obstructive permitting process in Los Angeles County, including additional onerous environmental agency hurdles that anyone would meet attempting to construct a new building in California. Also consider: where are the thousands of competent building contractors going to come from to work on so many replacement houses in one locality at the same time?

    The bottom-line is that an awful lot of formerly middle-class and even well-off people will be homeless possibly for years ahead. You have not begun to hear about this.

    You also have to wonder how this disaster will end up affecting the movie industry. Show business in LA had been on-the-ropes for quite a while preceding the big fire. Woked-up management putting out woked-up movies did enough damage on top of momentous changes in movie exhibition and distribution, writers and actors’ strikes, and super high-priced union labor for movie technicians. The movie business started in LA mainly because of its beautiful Mediterranean climate. You could shoot film outdoors year-round. The industry has been stealthily bailing out of California for years, moving to places like Vancouver and Atlanta.

    Now, in the smoking ruins, how many showbiz people are ready to run shrieking from the Golden State?

    And how much is the economic impact of this local disaster a harbinger of a more general national downturn to come?

    Probably a lot, I’m thinking.

    Tyler Durden
    Fri, 01/10/2025 – 16:20

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Today’s News 10th January 2025

  • Supreme Court Rejects Trump's Request To Stop Sentencing In Hush Money Case After Justice Barrett Sides With Liberals
    Supreme Court Rejects Trump’s Request To Stop Sentencing In Hush Money Case After Justice Barrett Sides With Liberals

    The Supreme Court on Jan. 9 rejected President-elect Donald Trump’s request to halt proceedings in his New York business records case, removing a potential barrier to sentencing scheduled for Jan. 10, The Epoch Times reports.

    The brief order – which ensures Trump will be branded a “convicted felon” at his inauguration in 10 days – noted that Justices Samuel Alito, Clarence Thomas, Neil Gorsuch, and Brett Kavanaugh would have granted the application. In other words, Trump appointee Amy Coney Barrett sided with the liberals on the bench. In retrospect, CNN belief that Justice Barrett might be the “last best hope for Supreme Court liberals” proved to be accurate.

    Thanks to Barrett’s defection, the Supreme Court will stand by as Judge Juan Merchan sentences Donald Trump over felony offenses that many legal analysts consider to be a sham.

    The Supreme Court offered two reasons it said it refused to grant the application. “First, the alleged evidentiary violations at President-elect Trump’s state-court trial can be addressed in the ordinary course on appeal. Second, the burden that sentencing will impose on the President-Elect’s responsibilities is relatively insubstantial in light of the trial court’s stated intent to impose a sentence of ‘unconditional discharge’ after a brief virtual hearing,” a note on the Supreme Court’s docket read.

    After the Supreme Court’s decision, Trump wrote on TruthSocial that he appreciated the “time and effort of the United States Supreme Court in trying to remedy the great injustice done to me.”

    He went on to say that he was innocent and would appeal the case.

    “For the sake and sanctity of the Presidency, I will be appealing this case, and am confident that JUSTICE WILL PREVAIL,” Trump wrote.

    Trump’s application for a stay was submitted on Jan. 8 and argued that “the prospect of imposing sentence on President Trump just before he assumes Office as the 47th President raises the specter of other possible restrictions on liberty, such as travel, reporting requirements, registration, probationary requirements, and others—all of which would be constitutionally intolerable under the doctrine of Presidential immunity.”

    New York Supreme Court Justice Juan Merchan has indicated that he wouldn’t impose a punishment including incarceration. He denied Trump’s request to halt proceedings as did two state appeals courts this week.

    Trump told the U.S. Supreme Court that Merchan had erroneously admitted certain evidence of his official acts as president and failed to acknowledge a form of immunity for presidents-elect. He asked the court to take up his case and consider those issues, as well as whether he was entitled to an automatic stay due to an appeal on presidential immunity.

    Trump was found guilty in May on 34 felony counts of falsifying records in relation to an alleged payments to adult film actress Stephanie Clifford. Merchan is expected to enter a judgment of conviction on Jan. 10 and potentially offer a statement criticizing Trump’s behavior.

    Manhattan District Attorney Alvin Bragg, who brought the indictment against Trump in 2023, told the U.S. Supreme Court on Jan. 9 that it should reject Trump’s application and allow the state courts to continue handling the issue. Bragg said Trump was asking for an extraordinary intervention by the justices and that Trump had not yet exhausted his state-court remedies.

    “Any stay here risks delaying the sentencing until after January 20, when defendant is inaugurated and his status as the sitting President will pose much more severe and potentially insuperable obstacles to sentencing and finality,” Bragg’s brief read.

    The president-elect said that the opinion written by Merchan “goes against our Constitution, and, if allowed to stand, would be the end of the Presidency as we know it.”

    Tyler Durden
    Fri, 01/10/2025 – 01:13

  • "…Nothing Less Than The Ongoing Collapse Of The World's Globalist Order"
    “…Nothing Less Than The Ongoing Collapse Of The World’s Globalist Order”

    Authored by Vasko Kohlmayer via LewRockwell.com,

    There is something epoch-changing happening across the planet.

    What seems to be unfolding around us is nothing less than an ongoing collapse of the world’s globalist regime.

    The first clear sign that something truly big may be happening was the historic comeback and victory of Donald Trump in last November’s election.

    Eight weeks later the Canadian Prime Minister Justin Trudeau announced his resignation.

    It now appears increasingly likely that in the coming weeks we will see the fall of ruling governments and coalitions in Austria, Germany, France, and Britain. Others, such as Romania, are likely to follow.

    The globalist puppets and technocrats that run these western governments are losing their grip even as we speak. The pool of popular discontent filled to the brim by the self-serving actions of the globalist elite is boiling over. And now they are being roundly booted out by the populist movements across the world.

    Here are some of the sufferings and depredations the global elites have inflicted upon the masses in recent years:

    • Covid lockdowns

    • Covid vaccine mandates

    • Unfettered immigration

    • Cronyism and government corruption

    • Inflation

    • Out-of-control government spending

    • Falling real wages

    • Endless warmongering

    • Imposition of LGBT and transexual agendas

    • Racism against native populations

    • Widening wealth disparities

    • Attacks on traditional western values and Christianity

    • Political correctness

    • Widespread censorship

    • Demonization and cancellation of those seeking redress of rightful grievance

    Up until now the global elitists have been largely successful in keeping the lid on popular discontent stemming from the above. This they managed by demonization and cancellation of objectors and by imposition of a highly efficient censorship regime by means of which they controlled mainstream discourse.

    But now, largely through Elon Musk’s uncensored platform X, the pain and resentment of the masses are being brought into the open and aired in the public square.

    As a result, the elites are being swept away by the resurgent populist movements that are becoming empowered and quickened by their access to free speech.

    The panicked elites predictably blame Elon Musk for their loss of control.

    “European leaders unite in sharp rebuke of Elon Musk,” reads a recent news headline.

    Further down we read:

    “[H]highlighting growing tensions between European leadership and tech giant Elon Musk’s political activities, French President Emmanuel Macron has emerged as the latest prominent voice opposing the billionaire’s involvement in continental politics… The French leader’s stance comes amid a broader pushback from European officials, including the prime ministers of Norway and Britain.”

    These leaders are not incorrect, just not in the way they think.

    Because Musk has made certain political comments, they accuse him of meddling in elections.

    It is not his statements, however, that have accelerated a shift in the political dynamic. After all, Musk’s pronouncements are neither revolutionary nor particularly remarkable.

    The things that Musk has said are simple truths, which is apparent to anyone with common sense. The problem was that those truths were not allowed to be brought up in public discourse under the strict censorship regime that the globalists have imposed on societies.

    Because Musk’s widely popular X can reach large swathes of the world’s population, he was able to bring discussion of these forbidden truths back into the public square. And once enough people see the obvious truths articulated out in the open, they join in en masse and something powerful begins to stir.

    The global populist revolution now underway has been accelerated by the whiff of free speech that Elon Musk allowed to blow through X rather than by his opinions per say.

    The corrupt, fragile, and sclerotic regimes that globalists erected in Western nations – the regimes based on lies, corruption, and suppression of truth – are being brought down by freedom of expression.

    As they scramble, the globalists are being exposed for who they truly are: undemocratic totalitarians whose rule rests on merciless across-the-board censorship. These people are the true heirs of the totalitarians of the past – such as communists and fascists – with whom they share a deeply-ingrained reflexive desire to silence opposing voices.

    It is the pinnacle of paradox that these censoring totalitarians call those whom they censor and cancel the “enemies of democracy.” The truth is the exact opposite of what they claim. They cannot withstand the truth, which is why they suppress – in true totalitarian fashion – those whose views differ from their own.

    Elon Musk may not be perfect, but the fact remains that he has done more for the cause of free speech and democracy than any other man today.

    This is why the failing censorious globalist totalitarians hate him so.

    Needless to say, Elon Musk deserves to be applauded for his effort. After all, free speech is the foundational western value. Without free speech it is not possible to have real freedom or democracy.

    On this we should all be able to agree.

    Tyler Durden
    Thu, 01/09/2025 – 23:30

  • These Are The US States With The Most Guns
    These Are The US States With The Most Guns

    The U.S. has more guns than people, with nearly 400 million in civilian possession.

    In this map, Visual Capitalist’s Bruno Venditti ranks states by the highest percentage of gun ownership for adults, based on data from the Pew Research Center compiled by Data Pandas as of 2024.

    High Gun Ownership in Northwestern America

    Montana tops the ranking of the states with the highest percentage of gun ownership, with 66.3% of the adult population owning firearms. The state has some of the most relaxed gun control laws in America. No state permit is required to purchase or possess a rifle, shotgun, or handgun.

    The state is followed on our list by its neighbor, Wyoming, where 66.2% of adults own a firearm. Alaska comes in third, with 64.5%.

    State Gun Ownership Rate ↕
    Montana 66.3%
    Wyoming 66.2%
    Alaska 64.5%
    Idaho 60.1%
    West Virginia 58.5%
    Arkansas 57.2%
    Mississippi 55.8%
    Alabama 55.5%
    South Dakota 55.3%
    North Dakota 55.1%
    Oklahoma 54.7%
    Kentucky 54.6%
    Louisiana 53.1%
    Tennessee 51.6%
    Oregon 50.8%
    Vermont 50.5%
    South Carolina 49.4%
    Georgia 49.2%
    Kansas 48.9%
    Missouri 48.8%
    Nevada 47.3%
    Maine 46.8%
    Utah 46.8%
    Arizona 46.3%
    New Mexico 46.2%
    North Carolina 45.8%
    Texas 45.7%
    Wisconsin 45.3%
    Nebraska 45.2%
    Colorado 45.1%
    Indiana 44.8%
    Virginia 44.6%
    Iowa 43.6%
    Minnesota 42.8%
    Washington 42.1%
    New Hampshire 41.1%
    Pennsylvania 40.7%
    Michigan 40.2%
    Ohio 40.0%
    Florida 35.3%
    Delaware 34.4%
    Maryland 30.2%
    California 28.3%
    Illinois 27.8%
    Connecticut 23.6%
    New York 19.9%
    Hawaii 14.9%
    Rhode Island 14.8%
    New Jersey 14.7%
    Massachusetts 14.7%

    On the other side of the spectrum, New Jersey and Massachusetts share the lowest gun ownership rate in the country, both at 14.7%.

    Two other states with very low ownership rates include Hawaii (14.9%) and Rhode Island (14.8%).

    The Number of Firearms is Increasing

    According to the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), U.S. gun manufacturing and imports have increased by about 10% annually over the last decade.

    In 2020, when the COVID-19 pandemic spurred record demand for firearms, 17 million guns entered the domestic market.

    If you enjoyed this post, check out Which U.S. States Have the Most Gun Manufacturers? on Voronoi, the new app from Visual Capitalist.

    Tyler Durden
    Thu, 01/09/2025 – 23:00

  • Alaska Sues Federal Government Over Curbs To Oil And Gas Leases
    Alaska Sues Federal Government Over Curbs To Oil And Gas Leases

    Authored by John Haughey via The Epoch Times,

    The state of Alaska is suing the federal government over the Department of Interior’s (DOI) alleged “unlawful detour” in restricting oil and gas lease auctions to about 400,000 acres within the 19.6-million acre Arctic National Wildlife Refuge.

    Alaska Attorney General Treg Taylor filed the lawsuit on Jan. 7 in anticipation of the DOI’s Jan. 8 announcement that the Bureau of Land Management had received “no interest” from oil companies in bidding for leases within the Arctic National Wildlife Refuge (ANWR) coastal plain.

    Alaska maintains that by restricting leases to 400,000 acres, the administration violated the 2017 Tax Cuts and Jobs Act, which required the DOI to conduct two lease auctions within Section 1002—a 1.5-million acre expanse opened for potential oil and gas development by Congress in 1980.

    The state argues that the DOI essentially sabotaged bidding by imposing “new severe restrictions on surface use and occupancy” in November that made “any development economically and practically impossible” when implemented in December as the lease auction opened. When the auction closed on Jan. 6, no bids were submitted.

    Taylor alleged in a statement announcing the lawsuit, filed in the U.S. District Court in Anchorage, that the agencies “ignored the law and took this unlawful detour without even presenting their final decision to the public for comment.”

    The Jan. 8 legal challenge follows Alaska’s July 2, 2024, lawsuit over what it said was “billions in lost revenue” from nine canceled federal oil and gas leases in the ANWR’s coastal plain. That action is pending.

    In 2023, the DOI suspended already-issued Section 1002 leases, citing insufficient legal analyses and commissioning another study to reassess the potential environmental impacts of the ANWR oil and gas leasing program.

    The expired Jan. 6 bid deadline concluded the second Congressionally mandated sale required by the 2017 Tax Cuts and Jobs Act, which directed the Bureau of Land Management to hold two lease sales within seven years of enactment.

    The first sale, held during the Trump administration, “similarly demonstrated low interest, yielding a total of $14.4 million in high bids on 11 tracts,” the DOI said, noting that Congress grossly overvalued the revenues from the two lease sales, projecting they would generate approximately $2 billion over 10 years.

    Alaska officials said they are concerned that the “last-minute actions to restrict and complicate” oil and gas development with ANWR’s Section 1002 dissuaded bidding.

    Alaska Department of Natural Resources Commissioner John Boyle said the November restrictions have created “total dysfunction.”

    Alaska Gov. Mike Dunleavy said “Interior’s continued and irrational opposition under the Biden administration to responsible energy development in the Arctic continues America on a path of energy dependence instead of utilizing the vast resources we have available,”

    In December, the Republican governor called on President-elect Donald Trump to scuttle the existing restrictions and create a cabinet-level task force specifically to address Alaska oil and gas development.

    Trump has vowed to do away with the ANWR restrictions with a “Day One” executive order. Dunleavy said the lawsuit is still necessary.

    “We have already heard comments from the incoming president that his administration will, thankfully, take a different tack and open up those areas that are meant to be developed,” he said. “But unfortunately, we can’t wait for that—we have to challenge this unlawful action now.”

    Tyler Durden
    Thu, 01/09/2025 – 22:30

  • Indoctrination: Washington Courts Employees Raise Alarm After Being Forced To Watch Documentary On White Supremacy
    Indoctrination: Washington Courts Employees Raise Alarm After Being Forced To Watch Documentary On White Supremacy

    Washington’s Administrative Office of the Courts (AOC) is mandating staff attend a four-hour, in-person training featuring the documentary *Who We Are: A Chronicle of Racism in America,* which argues the U.S. was founded on white supremacy.

    Some employees have criticized the requirement, claiming it amounts to indoctrination, according to 770 KTTH.

    The training, held on January 9, includes a screening of the film followed by a Q&A and dialogue with its producer, Jeffery Robinson, a lawyer and founder of the left-leaning “Who We Are Project.” The AOC describes the nonprofit as promoting awareness of historical anti-Black racism and white supremacy in the U.S. The event costs $5,000.

    The KTTH report said that the AOC’s decision aligns with a June 2020 letter from the Democrat-led Washington State Supreme Court, issued during the Black Lives Matter movement.

    In it, the Justices acknowledged their role in “devaluing Black lives” and called on the legal community to take responsibility for systemic injustices.

    Some staff, however, object to the politically charged nature of the mandatory training, which the AOC defends. The training features the documentary *Who We Are* and a lecture by producer Jeffery Robinson, who claims the U.S. Constitution was designed to uphold white supremacy and slavery.

    Robinson likens police to slave owners and defends the Black Lives Matter movement, comparing its critics to detractors of Martin Luther King Jr. in the 1960s. He also advocates for reparations.

    Critics argue the training forces staff to accept far-left views, with one anonymous employee expressing concern over potential retribution for speaking out.

    One employee told KTTH: “We are all educated and are aware of racism/slavery in our nation, we don’t need a history lesson from someone who presents it with a particular bias of their own.”

    “We are not getting applicable training directly related to our job.”

    And the employee is right. The AOC’s mandatory training pushes a left-wing political narrative, forcing employees to accept views like the U.S. Constitution being rooted in white supremacy and systemic racism as indisputable truths.

    Promoting ideas like reparations, the training leaves no room for dissenting perspectives, stifling open dialogue and alienating staff. Critics argue this isn’t about fostering diversity but about imposing partisan ideology under the guise of professional development, effectively transforming Washington Courts into tools of far-left social justice activism.

    Tyler Durden
    Thu, 01/09/2025 – 22:00

  • How Trump Plans To Take On Censors – And They Plan To Take On Trump
    How Trump Plans To Take On Censors – And They Plan To Take On Trump

    Authored by Ben Weingarten via RealClearInvestigations,

    The incoming Trump administration scored an early but possibly illusory victory last month in its effort to reform government overreach when it successfully pressured Congress to eliminate what it termed “sweetheart provisions for government censors” from a measure to stave off a government shutdown.

    Funding for the State Department’s Global Engagement Center – which Republicans had attacked as a tool of domestic censorship – was stripped from the final bill, and the center announced that it was closed for good on Dec. 23. Days later, however, reporting emerged that the State Department had devised plans to shift the center’s 51 employees and millions of dollars of funding to a separate hub purportedly to counter foreign “information manipulation and interference.”

    President-elect Donald Trump has not said how he will respond to this maneuver. But in extensive public comments he has said that targeting what critics have called the Censorship Industrial Complex will be a high priority in his new administration. Meta CEO Mark Zuckerberg’s pledge to restore free expression on his platforms and join the Trump administration in its efforts to push back on global censorship, two weeks before inauguration day, indicates speech-policing forces like his may be disarming accordingly.

    As the State Department’s move suggests, however, this push will likely face stiff resistance. “There will be a visceral reaction from the bureaucratic state in permanent Washington,” Sen. Eric Schmitt told RealClearInvestigations. As attorney general of Missouri, Schmitt launched the Missouri v. Biden lawsuit against federal government collusion with social media companies and nonprofits to target disfavored speech.

    Trump outlined the steps he might pursue in a December 2022 video detailing his “Free Speech Policy Initiative – a video that, ironically, received less attention originally because YouTube had banned the former president. Responding to what he called “a sinister group of Deep State bureaucrats, Silicon Valley tyrants, left-wing activists, and depraved corporate news media” that have “conspire[d] to manipulate and silence the American People … [and] collaborated to suppress vital information on everything from elections to public health,” Trump vowed to “dismantle and destroy” the “censorship cartel,” including through the use of vigorous executive action starting within hours of his inauguration.

    According to the Free Speech Policy Initiative, his administration’s efforts will include:

    • A first-day executive order barring federal authorities from colluding with others to abridge Americans’ protected speech
    • Preventing federal dollars from being used to classify domestic speech as mis- or dis-information, and from being lavished on nonprofits and academic institutions engaging in similar efforts, including “flagging” posts to social media platforms for suppression
    • Identifying and firing bureaucrats across the federal government who have engaged in direct or indirect censorship, while enacting laws imposing criminal penalties on such conduct
    • Directing the Department of Justice to probe participants in the “new online censorship regime” for myriad potential violations of law
    • Working with Congress to pass legislation modifying Section 230 of the Communications Act to extend its liability shield only to those large online platforms meeting high standards of “neutrality, transparency, fairness, and non-discrimination”
    • Helping to pass a digital Bill of Rights, including a right to due process requiring government officials to obtain a court order to remove online content

    The fight for free speech is a matter of victory or death for America – and for the survival of Western civilization itself,” Trump said in announcing his initiative. “When I am President, this whole rotten system of censorship and information control will be ripped out of the system at large. There won’t be anything left.” 

    A Sprawling Network

    As RealClearInvestigations has reported extensively, a sprawling network of government agencies and connected NGOs have formed a “whole-of-society” partnership aimed at combatting what its constituents consider dangerous “mis-, dis-, and mal-information,” particularly on social media.

    Players include counter-disinformation research centers at leading universities and think tanks, fact-checkers and news rating entities, and like-minded for-profits – often funded and/or promoted by government agencies and powerful foundations. Many of these initiatives began in response to perceived threats from abroad. The Global Engagement Center, for example, was created during the Obama administration to combat foreign propaganda and information operations, originally with a focus on terrorist groups. It soon expanded its mission to combat alleged threats in the homeland, using taxpayer dollars to coordinate with counter-disinformation entities that have worked to purge disfavored domestic news and views – including through targeting the business models of U.S. outlets like RealClearPolitics and many others.

    Mike Benz of the Foundation for Freedom Online asserts that support for such efforts spans 12 different government departments and 50 different government programs, some of which fund related programs at nearly 100 universities under the banner of “disinformation studies” and related disciplines.

    Transparency-focused nonprofit OpenTheBooks calculates that the Biden administration has granted roughly $260 million in awards pertaining to “misinformation.”

    President Biden’s National Strategy for Countering Domestic Terrorism codified such efforts. It directed federal authorities to work with “state, local, tribal, and territorial governments and in civil society, the private sector, academia, and local communities, as well as with our allies and foreign partners” to address “the extreme polarization, fueled by a crisis of disinformation and misinformation often channeled through social media platforms, which can tear Americans apart and lead some to violence.”

    The trial judge in Missouri v. Biden, which would ultimately land at the Supreme Court as Murthy v. Missourifound that this public-private partnership  – kicked off with agencies like the Cybersecurity and Infrastructure Security Agency towards the end of the first Trump administration – engaged in perhaps “the most massive attack against free speech in United States’ history” in its efforts to suppress disfavored speech, particularly on election integrity and the COVID-19 pandemic.

    Litigation and congressional oversight have exposed the breadth and depth of these activities. Some counter-disinformation entities have, facing public scrutinycurtailed their work. But the Supreme Court never ruled on the merits of Murthy – finding that the plaintiffs lacked standing – and thereby did not establish that government efforts direct and indirect to press social media companies to suppress protected speech are illegal or unconstitutional. Nor has a divided Congress passed bills prohibiting such activities, defunding them, or penalizing federal officials who might engage in them.

    Government-supported nonprofits, often portraying themselves as researchers, including the University of Washington’s Center for an Informed Public, have vowed to continue their work, which they say is pivotal to defending democracy. A spokesperson for the center told RCI that in the face of a threatened reckoning, its personnel “are continuing their work to study how rumors and falsehoods spread online, understand the role of social media platforms and generative AI in shaping those information flows and to educate people about online manipulation, deception and scams.”

    Trump and many of his personnel picks so far see these initiatives and collaborations differently. His nominee to chair the Federal Communications Commission, Brendan Carr, has said one of his “top priorities” is to “smash the censorship cartel.”

    Under Section 230 of the Communications Act, which falls under the FCC’s purview, social media platforms have been deemed immune from civil liability for taking down certain types of content “in good faith.” Carr recently argued that this provision has been used to “silence divergent speech” and indicated that under his leadership, the commission may “look at implementing that in a way that can promote more speech.” He has also suggested that given that “a cohort of advertising and marketing agencies have been working together … to collude to crack down on free speech,” this might constitute unlawful anti-competitive behavior for his agency to consider.

    Trump’s pick to lead the Federal Trade Commission, Andrew Ferguson, called last month for a range of investigative and enforcement actions to “bust … up” “anti-competitive cartels that facilitate or promote censorship.”

    Carr and Ferguson alike have both cited NewsGuard as a key player in online censorship. As RealClearInvestigations has reported previously, NewsGuard rates the trustworthiness of websites on a zero to 100 scale based on their staffers’ review of samples of work according to certain criteria. Those subjective ratings attach to sites when one searches them in a browser equipped with NewsGuard’s extension. What’s more, under the banner of “brand safety,” NewsGuard licenses “exclusion lists” of low-rated sources to advertisers to instruct their ad agencies and ad-tech partners to keep their programmatic ads off those sites – starving them of pivotal ad revenue. Evidence suggests NewsGuard disfavors conservative or independent-leaning outlets. Congressional scrutiny and reportage have revealed that NewsGuard has been a recipient of funding from both the defunct Global Engagement Center and the Department of Defense – though it disputes this characterization.

    In November, prior to his appointment as FCC commissioner, Carr sent a letter to Alphabet, Apple, Meta, and Microsoft, soliciting information regarding the Big Tech companies’ ties to NewsGuard. Citing its purported biases and noting the for-profit’s partnerships with web browsers and social media companies, Carr suggested that should the firms be relying on NewsGuard’s offerings, such activities might violate the “good faith” standard upon which their Section 230 immunity shield relies. 

    Ferguson noted in his December statement that while “NewsGuard is … free to rate websites by whatever metric it wants … antitrust laws do not permit third parties to facilitate group boycotts among competitors.”

    NewsGuard has challenged Carr’s premises. In a statement, co-CEO Gordon Crovitz, formerly the publisher of the Wall Street Journal, said that the incoming FCC Commissioner’s letter relied on “unreliable sources,” maintained that “we provide users with apolitical reliability analysis,” and otherwise challenged claims of bias and censoriousness. After Crovitz and co-founder CEO Steven Brill, a lawyer, journalist, and entrepreneur, penned a subsequent rejoinder to Carr, Brill would write in Politico that “I felt like taking a shower after trying to defend my journalism to a threatening regulator, pleading with him to believe that I’m fair.”

    In response to a question regarding NewsGuard’s view of the Trump administration’s coming efforts, General Manager Matt Skibinski reiterated the arguments in NewsGuard’s responses to Carr, telling RCI: “We agree that the government should not engage in censorship and that the social media companies should be more transparent. We founded NewsGuard as the apolitical, fully transparent alternative to either government censorship or social media secretly rating news sources and claims.”

    Other Trump administration officials likewise seem poised to help the president implement the Free Speech Policy Initiative.

    The Office of Management and Budget is likely to be a key hub of such activity. It has broad powers to help the president implement his policies, including in its oversight of executive agencies, clearing of executive orders, review of regulations, and developing of the president’s budget.

    President Trump’s nominee for deputy director of the agency, departing North Carolina Republican Rep. Dan Bishop, wrote this month that “the days of the Censorship Industrial Complex are numbered.” 

    Others who have expressed aversion to social media company efforts to target disfavored speech include Elon Musk and Vivek Ramaswamy – who will be working hand-in-hand with the Office of Management and Budget through the soon-to-be-created Department of Government Efficiency – and AI czar David Sacks.

    Two additional picks have found themselves targeted by social media companies for censorship: Health and Human Services Secretary-designate Robert F. Kennedy Jr. and National Institutes of Health Director-designate Jay Bhattacharya. Fighting back, they are both plaintiffs in cases against federal agencies.

    Obstacles

    Foundation for Freedom Online founder Benz warned in a recent interview on the Joe Rogan podcast that the White House is “going to run into a lot of headwinds” given the size, scope, and scale of the “censorship industry.”

    Benz, who worked in cyber policy during President Trump’s first term, suggested resistance would come from the State Department, where he served, and the Defense Department. These agencies, he asserted, will claim they must maintain counter-disinformation capacities to combat foreign threats – capacities that critics say have been trained instead on Americans.

    Trump is going to run into every single regional desk at the State Department, every single equity at the Pentagon, arguing that if you do not allow us to continue this censorship work it will undermine national security.”

    “You’re going to have the State Department argue that if we don’t have this counter misinformation capacity, then extremists will win elections around the world or populists will win the election around the world. And that will undermine the power of our democratic institutions,” Benz told Rogan.

    Whether and to what extent Congress will seek to codify the president’s efforts in legislation remains an open question.

    House Republicans in the last Congress sought to advance legislation to prohibit federal funds from directly or indirectly being used to target Americans’ protected speech; punish federal officials who would collude with third parties or social media companies to censor speech; and prohibit foreign officials targeting Americans’ speech from traveling to America.

    Those efforts languished.

    Speaker Mike Johnson, in a statement upon passage of the 2025 National Defense Authorization Act, touted leadership’s efforts to “prohibit contracts with advertising firms that blacklist conservative news sources, like NewsGuard Technologies Inc.” 

    That the Global Engagement Center’s extension made it into the original December stopgap spending bill suggested otherwise. Johnson’s office defended its inclusion by noting that the speaker had “killed multiple efforts to pass a 5-year reauthorization of the GEC during the past year.” It added that the original measure ensured that the incoming administration would have the “maximum ability and authority to determine how to handle the office, its authorities, and funding.”

    Neither House nor Senate leaders, Republican or Democrat, responded to RCI’s questions in connection with this story.

    Sen. Rand Paul, the new chair of the Senate Homeland Security Committee, has indicated he would like to end the Cybersecurity and Infrastructure Security Agency. Reports suggest he is likely to face bipartisan resistance. Acknowledging that termination is unlikely, “at the very least,” he has said, he would like to “eliminate their ability to censor content online.”

    Last Congress, Sen. Paul introduced the “Free Speech Protection Act,” which would bar federal employees from directing social media platforms to censor protected speech. That legislation sat dormant.

    Sen. Schmitt, a co-sponsor of the bill, recently introduced legislation in the Transparency in Communications Act that would force inspectors general, tasked with overseeing the federal bureaucracy, to provide “a comprehensive reporting of all communications on content moderation, user content, and … companies’ algorithms” between federal agencies and Big Tech companies. 

    Asked whether he anticipated there might be bipartisan resistance to legislative remedies to purported public-private censorship efforts, given, for example, some Republicans’ support of extending the life of the Global Engagement Center, Sen. Schmitt replied: “I would hope not.” 

    “I think it’s wrong to think of this as a Democrat vs. Republican thing,” Schmitt said. “I’ve been saying this from the beginning, coercive censorship like what we witnessed by the Biden Administration should scare the hell out of every American, regardless of political affiliation. We will need legitimate buy-in from all Republicans to dismantle this vast censorship enterprise built by Joe Biden and the administrative state.”

    Reports suggest that those in the counter-disinformation effort are spooked by the Trump administration’s policies.

    RCI reached out to notable players in connection with this story with inquiries regarding their perspectives on the Trump administration’s Free Speech Policy Initiative, its likely impacts, and how they and their peers intend to respond to it.

    NewsGuard’s Skibinski disputed a suggestion that it was part of any “ecosystem,” adding “we plan simply to continue our apolitical work.”

    The Global Disinformation Index, like NewsGuard, has tended to rank conservative and independent outlets as “risky” spreaders of mis- and disinformation and provided “exclusion lists” to ad tech companies and others with the intent of drying up those outlets’ funding. It, too, has received U.S. government funding. The British-based nonprofit did not respond to RCI’s inquiries.

    Nina Jankowicz, who was to lead the Biden administration’s Disinformation Governance Board, scrapped under criticism it was to represent an Orwellian “Ministry of Truth,” co-wrote an October piece asserting that amid congressional scrutiny of counter-disinformation initiatives: “Regardless of the outcome of the November election, there is a clear and present danger facing anyone seeking to make the internet a safer place​​ – both inside and outside US borders.”

    Jankowicz now heads the American Sunlight Project, a 501(c)(4) nonprofit that exists to “increase the cost of lies that undermine our democracy.” It did not respond to RCI’s inquiries.

    Nor did the Center for Democracy & Technology, a prominent proponent of “counter-disinformation initiatives.”

    The Complex That Wouldn’t Die

    Irrespective of what happens at the federal level, critics fear that foreign and state authorities may fill the vacuum.

    As RCI has previously reported, evidence suggests that global legal and regulatory standards may serve as a backdoor method to suppress protected speech at home.

    Citing efforts from Europe to Latin America and China to pressure American social media platforms to censor, Meta’s Zuckerberg said in his Jan. 7 announcement of coming free speech-focused reforms that “we’re going to work with President Trump to push back on governments around the world.”

    Benz and others have warned that states may seek to pass laws abridging protected American speech on social media as a way to bypass federal resistance.

    Elon Musk and X filed suit against California’s AB 2655, which proponents describe as a “flagship anti-disinformation law.”

    According to a summary of the law, large online platforms would be required to “block the posting of materially deceptive content related to elections in California” and “label certain additional content inauthentic, fake or false” during periods around elections. 

    Musk and X contend in their suit that the “Defending Democracy from Deepfake Protection Act of 2024” would result in the “censorship of wide swaths of valuable political speech and commentary and will limit the type of ‘uninhibited, robust, and wide-open’ ‘debate on public issues’ that core First Amendment protections are designed to ensure.”

    A similar bill is working its way through Michigan’s legislature. A federal judge has for now halted a parallel California law, AB 2839, prohibiting the distribution of deceptive content pertaining to candidates around elections, on the ground that it may violate the First Amendment.

    Meanwhile, maneuvering by the State Department to mitigate the effects of the GEC’s closure by reassigning its employees to engage in similar work indicates the resistance the Trump administration is likely to face. 

    In response to the news, Sen. Schmitt posted on X: “Biden & the Dems are continuing their push to censor American voices, even in Biden’s final hours. Less than 20 days until Trump comes & roots out this madness.”

    Tyler Durden
    Thu, 01/09/2025 – 21:30

  • Hollywood Goes Green: First-Ever EV Car Chase Movie With "Tactical Gun Battle"
    Hollywood Goes Green: First-Ever EV Car Chase Movie With “Tactical Gun Battle”

    Fasten your seatbelts. 

    From the rubber-burning thrills of “Bullitt” to Gene Hackman’s “The French Connection” and the epic car chase involving three Mini Coopers, Jaguars, and a bus in “The Italian Job,” these are some of the best car chase movies produced by un-woke Hollywood over the decades.

    Now ‘green’ Hollywood has delivered the first-ever all-electric car chase scene, featuring a Taycan Turbo, which was produced for the new movie Den of Thieves 2, Porsche announced in a press release.

    Director Christian Gudegast said of the final car chase scene of the movie, “I wanted it to be a vehicle-to-vehicle tactical gun battle—plus I wanted to have an electric car.” 

    Porsche said, “For the first time ever in cinematic history, an all-electric car – the Taycan Turbo – was used as the hero vehicle in a car chase action sequence in Den of Thieves 2.” 

    https://platform.twitter.com/widgets.js

    The challenge with EVs is the lack of engine sounds and gear shifts.

    Some questions: 

    • What sound effects will Hollywood turn to?

    • What happens when the battery runs out? 

    Also, the movie is merely an ad for Porsche Taycans. Recall from earlier this week: Taycan demand has run out of juice

    Tyler Durden
    Thu, 01/09/2025 – 21:00

  • 'We, The People' Affirm American Greatness
    ‘We, The People’ Affirm American Greatness

    Authored by Thaddeus McCotter via American Greatness,

    In the recent presidential election, one seemingly obvious aspect of President-(re)elect Donald Trump’s victorious campaign was often buried beneath the regime media’s breathless denunciations of his person and his supporters: namely, it was an optimistic appeal – and challenge – to the American people.

    The Harris campaign and her “progressive” supporters peddled a dire message that their loss would spell the end of “our democracy.” This was wry, indeed, from the Democrat Party that jettisoned incumbent President Joe Biden and for all intents and purposes installed Vice President Harris as their “new” presidential nominee. By deed, if not word (for obvious reasons), the Democrats sought to save “our democracy” by destroying it, including the weaponization of government against the citizenry, et al.

    Thus, it should have proven no surprise that the Democrat presidential campaign was tantamount to a demand to perpetuate their empowerment of an unelected, unaccountable, bureaucratic elite (a.k.a., the “Administrative State”) to rule the nation with minimal interference from the citizenry.

    Should the Harris-Walz ticket and their fellow Democrats be electorally defeated, the ensuing end of what they perversely deemed “democracy” would turn America into a fascistic hellscape. In a lack of self-awareness for the ages, the party whose greatest president warned that “the only thing we have to fear is fear itself” ran a presidential campaign premised upon fear.

    While it proved somewhat successful with the Democrat base, it failed with the majority of the electorate. Why? Because on election day, courage trumped fear. The American character prevailed.

    Patent in Mr. Trump and the MAGA/GOP-Populist slogan is both hope and a challenge. The hope is that “Make America Great Again” means we can make America great again.

    Once, the conservative philosopher Russell Kirk asked the question: “Is it conceivable that American civilization, and in general what we call ‘Western civilization,’ may recover from the Time of Troubles that commenced in 1914…and in the twenty-first century enter upon an Augustan age of peace and restored order?”

    Despite the momentous difficulties besetting our free people in this dangerous age, they have answered with a resounding “Yes!”

    Importantly, too, in answering this question in the affirmative, the American people were fully cognizant of Mr. Trump’s challenge.

    It is not the government that makes America great. It is We, the People.

    It is to the eternal credit of the sovereign citizens of our bastion of liberty, equality, and pluralism that they have embraced his challenge to perpetuate and improve our nation’s revolutionary experiment in self-government.

    While daunting to some, as at other times when they have been confronted by momentous challenges, the American people have seized the freedom required to surmount them. It is as Edmund Burke noted:

    These are the times in which a genius would wish to live. It is not the still calm of life, or the repose of a pacific station, that great characters are formed… The habits of a vigorous mind are formed in contending with difficulties… Great necessities call out great virtues. When a mind is raised and animated by scenes that engage the heart, then those qualities, which would otherwise lay dormant, wake into life and form the character of the hero and the statesman.

    There is no better recent image of a scene that has engaged the heart than the picture of an assassin-wounded Donald Trump raising a fist in the air and vowing to continue to “Fight!”

    Doubtless, having witnessed it, sound minds of the republic were raised and animated and accepted Mr. Trump’s challenge to “make America great again.”

    Sure, as they have since the 1770s, the craven cynics will superciliously cackle about how only rule by “our betters” can make life bearable. How it is an inviting “mobocracy” to believe We, the people, can make America great again.

    In many ways, these recalcitrant, duplicitous skeptics who bemoan the death of their false democracy while loathing the true democracy within our constitutional republic remain opposed to actual self-government as they proffer a trick question.

    In reality, America has always been great, though the government has often been far from it. For as once more affirmed in the 2024 election, so long as the genius and gumption of We, the People, endure, America will always be great.

    Tyler Durden
    Thu, 01/09/2025 – 20:30

  • Terror Attacks Kick Off In 2025 – It's Only Going To Get Worse, So Be Prepared
    Terror Attacks Kick Off In 2025 – It’s Only Going To Get Worse, So Be Prepared

    Authored by Brandon Smith via Alt-Market.us,

    In December of last year I published an article titled ‘Open Borders Have Created A Terror Attack Time Bomb In The US In 2025’. I noted that there was a significant confluence of events that was, in my view leading to an explosion of terror attacks just as conservatives take political power. I stated:

    Why is 2025 becoming more and more prominent as an inception date for an attack?

    Organized criminal gangs crossing the border as migrants.

    Foreign agents and terrorists slipping into the US using mass immigration as a cover.

    Leftist activists radicalized to believe they are righteous in their violence.

    Establishment elites and covert agencies creating false flag events.

    The conservative sweep on election day means we inherit all the messes that Joe Biden and his handlers created – Economic, political, social, and geopolitical. There will also be considerable motivation for establishment elites to create chaos from thin air while conservatives hold governmental power…

    …I believe an attack is inevitable in 2025 primarily because of the geopolitical brush fires being ignited across the globe right now. There is also always the looming danger of false flag events designed by covert actors trying to trick the public into placing blame on the wrong culprit…”

    If the two attempted assassinations of Donald Trump in 2024 didn’t clue some people in, we’re on the verge of a violent year. It wasn’t hard to predict that terror incidents would come to dominate the news feeds, I just didn’t expect that this would happen on the the very first day of 2025.

    The incident in New Orleans and the incident in Las Vegas at Trump’s hotel and casino share some rather strange details. Both Shamsud-Din Jabbar and Matthew Livelsberger are military veterans, both were stationed at Fort Bragg (now called Fort Liberty) and both were stationed in Afghanistan around the same time. (Take note that attempted Trump assassin Ryan Routh also lived within an hour’s drive of Fort Bragg up until 2018). Both suspects also used car rental company Turo to obtain the vehicles used for their crimes.

    However, authorities say there’s no evidence that the men knew each other and their Army deployment records do not show them working together.

    Jabbar’s terror attack in New Orleans killed 15 people and injured dozens more, with reports that he was motivated by Islamic extremism and his goal was to send a message about the war in Gaza. Livelsberger’s message was apparently the opposite – mentioning in notes (which the FBI says are verified) that he wanted a “wake up call” for Americans to support Donald Trump, and warned of a collapse due to sabotage by Democrats.

    An interesting side detail: Levelsberger was also a reality TV star on the History Channel show Ultimate Soldier Challenge. And, oddly, there is evidence that Livelsberger was a big Ukraine war proponent and even helped to recruit mercenaries for the Ukrainian side. This is generally not a cause that conservatives support.

    I would point out that blowing up a cybertruck outside Trump’s Vegas hotel is an odd way to support Trump’s cause. Investigators claim the man shot himself before the vehicle exploded. I’m not sure how the logistics would work on that or how authorities could make that claim so early in the investigation.

    I think it’s important to note that the Cybertruck is a self driving vehicle and that ANYONE could have killed Livelsberger, placed his body inside and then sent the car on its way loaded with explosives. Just a theory that should be taken into account.

    Terror Attacks And Storytelling

    There’s a lot more to these stories, but I think we need time for the evidence to present itself. I will say that given the current evidence the Vegas incident in particular reads as highly suspicious. The way government agencies have responded seems like narrative building rather than an honest assessment of the crime. They were constructing a story around Livelsberger on day one. Authorities even let reporters snoop around his house the day after the bombing. It’s incredibly odd.

    Compare this to trans shooter Audrey Hale and her attack on the Christian school in Nashville in 2023. Look at how agencies tried to hide as much information as possible from the public (the attack was politically and ideologically motivated, yet they never called it terrorism). The government acts differently when a terror attack is real vs when a terror attack is rigged. When it’s a false flag, they try to plant conclusions in the public consciousness as quickly as possible.

    The New Orleans incident? It’s hard to say. Maybe all the connections and timing are a coincidence. But if you think the past couple weeks have been strange I suggest you get used to it, because I suspect these kinds of events are about to become the new normal.

    Leftists And The Monkey Wrench Gang

    As I argued in December there is a serious risk of civil destabilization in 2025 caused by a steady series of terror attacks. Some of them might be planned by legitimate suspects while others could be fabricated by covert interests in order to stir up public fear. I would also warn specifically about far-left groups reverting to Weather Underground-like tactics in order to disrupt conservative reforms.

    In terms of seemingly random disasters that benefit the leftist/globalist cause, I often refer to this as the “Monkey Wrench Gang” scenario. In 1975, author Edward Abbey published a politically charged fiction book titled ‘The Monkey Wrench Gang.’ The book portrays a group of environmentalist extremists out to stop the “pollution” of the southwestern US using the sabotage of machines and infrastructure as a means to grind development to a halt.

    The Monkey Wrench Gang, published in 1975, has long been considered an inspirational work of fiction for the political left, but it is also treated as a sort of instruction manual for socialist militants – A guide for bringing down the system. It depicts the destruction of minor targets like billboards and bulldozers, up to and including the destruction of bridges, the derailment of trains and the attempted bombing of a dam. It’s sort of like the progressive version of The Turner Diaries, published in 1978.

    After witnessing the “fiery but peaceful” activities of groups like Antifa and BLM during the 2020 riots I don’t find it hard to believe that there may also be an activist element in the US right now that’s willing to engage in infrastructure terrorism and political assassination. This is not to say that the leftists themselves are highly organized, but there is evidence that they are managed by calculating people behind the scenes.

    In other words, elitist institutions can very easily use far-left actors to carry out terror attacks because leftists only need a “nudge” to go down that path. Just as many Islamic fundamentalists are so easy to nudge into mass violence.

    Government Apathy Is A Form Of Terrorism

    Another way that the establishment contributes to an atmosphere of instability is by simply doing nothing and letting bad things happen. For example, look at the fires in Southern California and the complete lack of infrastructure and resources needed to stop them. Look at the governmental indifference to preparedness. Now compare this to the calculated incompetence and mismanagement during the disastrous fires in Maui in 2023 and you might start to see a pattern…

    In terms of foreign threats, the open border problem over the past four years has made attacks by outside elements a near guarantee. Biden’s apathy on the border was clearly strategic and was designed to create conditions for internal strife.

    When the mass deportations start under Trump, be ready for “random attacks” to skyrocket. I have no doubt whatsoever that establishment interests (various think-tanks and globalist institutions) will instigate mass violence in response to deportations as a way to make the American public pay for their support of closed borders.

    Problem, Reaction, Solution

    Finally, be especially wary of government bureaucrats pretending they care about stopping the violence while using it as a rationale for restrictions and surveillance of American citizens. The laws we have in place are ALREADY more than enough to deal with the migrant problem or with psychotic woke activists. There is no need to diminish privacy rights, property rights, speech rights, self defense rights or institute martial law to accomplish a secure border and safe communities.

    There are many Neo-cons within our government that will try to use public anger over lack of safety as a catalyst for further Patriot Act-like violations of our rights.

    Anyone who calls for such measures should be immediately treated as suspect, including Donald Trump if it ever comes to that end. There are millions of patriots out there that view a Trump presidency as a “wait and see” scenario, not as a panacea that fixes all our ills.

    In other words, patriots see the Trump Administration as a PAUSE on the civil war that would have happened under Kamala Harris and the Democrats. The next four years might just end up being one last deep breath before the plunge if Trump can’t follow through on his promises, or if Neo-cons and Neo-libs are allowed to use chaos as a vehicle to destroy our liberties.

    Make The Establishment Mad – Be Proactive

    In terms of the immediate threat of increasing terror events, it’s not something that we need to live in fear of but it is something we need to be prepared for. Simple planning changes outcomes – Why not carry an EDC kit in your car? At the very least, have a sidearm, extra mags, a medical kit with tourniquets, blood stopping gauze, Israeli bandages and chest seals. Finally, train for emergencies and learn how to manage panic in yourself and others.

    Bad things are going to happen around you, or to you. If you stay calm then you have a chance of eliminating the threat or, at the very least, mitigating the damage.

    The goal of national destabilization and terror campaigns is to force the populace into a reactionary mindset (read up on Operation Gladio in Europe for better understanding). The last thing the establishment wants is for Americans to be proactive; they don’t want you to be prepared, they don’t want you to intervene and they certainly don’t want you to organize. What they want is for the public to always turn to a central authority, to always wait for others to fix the problem. They want you to wait for permission to act.

    This cannot be the way if we are facing a widespread agenda of national sabotage. Our purpose must be to fix these problems ourselves.

    *  *  *

    If you would like to support the work that Alt-Market does while also receiving content on advanced tactics for defeating the globalist agenda, subscribe to our exclusive newsletter The Wild Bunch Dispatch.  Learn more about it HERE.

    Views expressed in this article are opinions of the author and do not necessarily reflect the views of ZeroHedge.

    Tyler Durden
    Thu, 01/09/2025 – 19:30

  • Inferno Chaos: LA Fire Spreads To Hollywood Hills, 5,000 Buildings Destroyed, Over 180,000 Evacuated
    Inferno Chaos: LA Fire Spreads To Hollywood Hills, 5,000 Buildings Destroyed, Over 180,000 Evacuated

    Watch LA Fire Live:

    LA Fire Summary:

    • Palisades Fire burned 20,000 acres (0% contained), while Eaton Fire has expanded to 10,000 acres (0% contained)

    • Newest fire: Sunset Fire in the Hollywood Hills area; Another new fire in Woodland Hills

    • Five dead, 180,000 people under evacuation orders 

    • Most destructive fire in LA history: Ten of billions of dollars in damage (early estimates) 

    • AccuWeather Estimates $135 billion to $150 billion in preliminary damage and economic losses

    • Over 5,000 homes, businesses and other buildings have been damaged or destroyed

    • Musk Says SpaceX will provide free Starlink terminals to areas hit by LA wildfires

    • Arson fears 

    Fire Map 

    Evacuation areas

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    Update (1942ET):

    Where’s the National Guard? 

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    Update (1915ET):

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    Update (1900ET):

    The latest AccuWeather estimate for the total damage and economic loss in LA County has surged to a staggering $135 billion to $150 billion, a massive increase from Wednesday’s estimate of $52 billion to $57 billion.

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    Update (1845ET):

    An aerial survey conducted by CalFire has determined that 5,316 structures, including homes, businesses, and smaller buildings such as RVs and sheds, have been destroyed by the fire, making this one of the most destructive wildfires in California’s history.

    JPMorgan’s Jimmy Bhullar told clients that potential cost for insurers could easily exceed $20 billion.

     AccuWeather estimated $52 billion to $57 billion in preliminary damage and economic losses earlier. 

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    It’s time for Californians to hold the leftist LA Mayor Karen Bass and Gov. Gavin Newsom accountable.

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    DEI = DIE 

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    Update (1436ET):

    “I’ve never seen such destruction,” a reporter for ABC7 Eyewitness News said in a live broadcast earlier. 

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    Update (1350ET):

    At a press briefing, LA County Sheriff Robert Luna said 180,000 people are under evacuation orders.

    Meanwhile, a preliminary estimate from Morningstar DBRS points to insured losses in excess of $8 billion, and some scenarios could cost insurers more than $10 billion. This report was first cited by Bloomberg Intelligence analysts. 

     *   *   * 

    Update (1300ET):

    Comedian Adam Carolla goes on an epic rant claiming that Hollywood leftists will become so frustrated with the rebuilding process of their destroyed homes that they’ll refuse to vote Democrat. 

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    Update (1246ET):

    LA County Sheriff Robert Luna told reporters that some wildfire-impacted areas “looked like a bomb went off.”

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    The most destructive wildfire in Los Angeles history has burned over 17,000 acres with zero containment, scorching the seaside area between Malibu and Santa Monica. The inferno has destroyed at least 2,000 building structures (damage estimates in the tens of billions of dollars) and forced 130,000 residents to evacuate their homes. Meanwhile, a new fire ignited overnight in the Hollywood Hills area.

    The California Department of Forestry and Fire Protection’s latest update on Thursday morning shows that the Palisades Fire has burned through more than 17,200 acres, while the Eaton Fire has expanded to 10,000. Both fires still have zero containment. 

    Also, the Hurst fire has spread to nearly 900 acres, 10% of which are contained, while the Lidia Fire has burned 350 acres, 40% of which are contained. 

    The newest, the Sunset Fire, was sparked on Wednesday night in Hollywood Hills and has grown to dozens of acres. 

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    According to Los Angeles County Sheriff Robert Luna, at least 130,000 people are under evacuation warnings or orders due to the Palisades and Eaton fires. 

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    A new shortwave infrared satellite image by Maxar Technologies shows burning buildings by the Eaton fire in northeast Los Angeles. 

    Imagery from Maxar also shows areas of Palisades fire.

    Map of Fires 

    Over 338,000 energy customers were without power as of early Thursday morning, including 181,000 in LA County. 

    Not one word from LA Mayor Karen Bass about the situation. 

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    Many call for her to be recalled immediately for slashing the fire budgets and lack of leadership. 

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    Joe Rogan’s LA fire warning six months ago…

    There are mounting fears that some of these fires are intentional…

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    “The LA fires look like Terrorism … These places are miles apart. … Are you supposed to believe that wind teleports a fire miles away but no where in between?” one X use said.

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    *Developing… 

    Tyler Durden
    Thu, 01/09/2025 – 19:05

  • "La Nina Is Here!": More Bad News For Wildfire-Plagued Southern California
    “La Nina Is Here!”: More Bad News For Wildfire-Plagued Southern California

    On X Thursday, the National Oceanic and Atmospheric Administration announced that La Niña conditions have officially developed in the equatorial Pacific. This weather phenomenon has the potential to impact weather patterns across the globe, more specifically in the US, in the months ahead. 

    The wait is over and La Niña is officially here,” NOAA wrote on X. 

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    La Niña conditions are present and are expected to persist through February-April 2025 (59% chance), with a transition to ENSO-neutral likely during March-May 2025 (60% chance),” the National Weather Service’s Climate Prediction Center wrote on X. 

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    NOAA meteorologist Michelle L’Heureux told Bloomberg, “La Niña has finally emerged,” adding, “It took its time, but we are there.”

    L’Heureux said ocean temps dropped to 0.9F of a degree (0.5C) below normal across the parts of the Pacific tracked by the US.

    Though La Niña is arriving later, meteorologists predicted the Pacific surface temps would cool…

    La Niña is typically associated with warm and dry winter conditions across parts of the US…

    … adding to drought concerns in California (plagued by devastating wildfires around LA County) and the southern US. 

    Tyler Durden
    Thu, 01/09/2025 – 19:00

  • Senators Introduce "Lock The Clock" Bill To Make Daylight Saving Time Permanent
    Senators Introduce “Lock The Clock” Bill To Make Daylight Saving Time Permanent

    Authored by Tom Ozimek via The Epoch Times,

    A bipartisan group of senators, led by Sen. Rick Scott (R-Fla.), has reintroduced legislation to make daylight saving time permanent year-round. The proposal is opposed by a coalition of sleep medicine organizations, which advocate for “locking the clock” but in standard time mode.

    The legislation, called the Sunshine Protection Act, was unanimously passed in the Senate in 2022 during the 117th Congress but it stalled in the House. Now, Scott and 15 other senators have re-introduced the bill, describing it as a common-sense approach that will simplify the lives of U.S. households, citing President-elect Donald Trump’s backing for an end to the practice of twice-yearly clock changes.

    “I hear from Americans constantly that they are sick and tired of changing their clocks twice a year – it’s an unnecessary, decades-old practice that’s more of an annoyance to families than benefit to them,” Scott said in a Jan. 8 statement.

    “I’m excited to have President Trump back in the White House and fully on board to LOCK THE CLOCK so we can get this good bill passed and make this common-sense change that will simplify and benefit the lives of American families.”

    While Trump has advocated for locking the clock, it’s unclear whether the president-elect is in favor of making daylight saving time or standard time permanent. In March 2019, he said he was fine with making daylight saving time permanent. In December 2024, he called for the elimination of daylight saving time, suggesting it’s standard time that he backs, a position aligned with several medical organizations.

    The legislation proposed by Scott and the others would establish permanent daylight saving time, meaning clocks would no longer be turned back in the fall, resulting in later sunrises and sunsets throughout the winter. Current federal law allows states to exempt themselves from observing daylight saving time, with Arizona and Hawaii observing year-round standard time, resulting in more morning daylight in the winter months.

    Advocates for permanent daylight saving time argue it would eliminate the need to turn clocks back in the fall and provide extended sunlight in the evening, offering more opportunities for outdoor activities.

    “Every winter folks in Washington state despair at the prospect of losing an hour of precious sunlight when we are forced off Daylight Saving Time,” Sen. Patty Murray (D-Wash.) said in a statement.

    “This is about public health, it is about our economy, and it’s about just putting a little more light in families’ lives so they can spend time together, outdoors, in the sunshine.”

    Opponents of daylight saving time, such as the American Academy of Sleep Medicine (AASM), counter that standard time is better for both health and safety. AASM explains in a position statement issued on Jan. 1 that there are numerous benefits to a permanent switch to standard time, including better sleep, less stress, and fewer car accidents.

    The AASM position, which is endorsed by nearly two dozen organizations including including the American College of Chest Physicians and the National Safety Council, argues that standard time aligns more closely with the daily rhythms of the body’s natural clock. The groups say that increasing exposure to morning darkness and evening light—which is what daylight saving time does—harms sleep-wake patterns.

    “Permanent, year-round standard time is the best choice to most closely match our circadian sleep-wake cycle,” said lead author of the AASM’s position statement, Dr. M. Adeel Rishi, pulmonology, sleep medicine, and critical care specialist at the Mayo Clinic in Eau Claire, Wisconsin.

    “Daylight saving time results in more darkness in the morning and more light in the evening, disrupting the body’s natural rhythm.”

    Research cited by the AASM highlights acute health impacts of daylight saving time, including a higher risk of strokes, increased hospital admissions, and elevated inflammatory markers, which indicate stress on the body. The group also references studies showing that traffic fatalities increase by as much as six percent in the days following the switch to daylight saving time, and human error-related medical events rise by 18 percent in the first week.

    Some research cited in the position statement suggests an increase in fatalities among school-aged children during daylight saving time, likely due to low-light conditions in the morning when children are traveling to school.

    Although the AASM’s position statement outlines a range of adverse impacts associated with daylight saving time, it also highlights the harmful effects of the twice-yearly transitions, linking them to sleep disruptions, mood disturbances, and even an increased incidence of suicide.

    The AASM position statement also acknowledges a report suggesting that daylight saving time may be associated with decreased crime rates due to increased evening light. The group notes that several other studies have indicated a modest decrease in the risk of car accidents.

    However, the AASM argues that the preponderance of evidence indicates the chronic effects of daylight saving time are detrimental to human physiology, health, performance, safety, and even the economy.

    Tyler Durden
    Thu, 01/09/2025 – 18:30

  • Texas Lawmakers Double Down On Bills To Secure Border With Mexico
    Texas Lawmakers Double Down On Bills To Secure Border With Mexico

    Authored by Darlene McCormick Sanchez via The Epoch Times,

    Texas lawmakers pre-filed around two dozen border and immigration bills ahead of the state’s 2025 legislative session aiming at securing its border with Mexico without relying on the federal government’s progress in tackling illegal immigration.

    With some 11 million non-citizens entering the United States under the Biden administration, Texas Gov. Greg Abbott and the Republican-led legislature began crafting laws to address what they considered an invasion of the country caused by lax border policies.

    While President-elect Donald Trump has vowed a mass deportation operation and praised the state’s efforts to stop illegal immigration through Operation Lone Star (OLS), it appears the GOP-led legislature isn’t taking any chances that future presidents will protect the Texas-Mexico border.

    Abbott initiated OLS to counter a rise in illegal immigration, the illegal drug trade, and human smuggling that rose sharply in 2021.

    The operation pays for Texas troopers and National Guard members at the border as well as the prosecution and jailing of illegal immigrants, primarily for trespassing and evading arrest.

    With the state’s 89th legislative session convening on Jan. 14, notable Texas border bills include renewed attempts to create a Texas Division of Homeland Security, a Texas Border Protection Unit, and bills aiding the incoming president’s efforts to secure the border.

    Other bills focus on restricting public assistance for illegal immigrants, while HB 219 and HB 89 would require proof of citizenship to register to vote in Texas.

    Texas Sovereignty

    The Texas Border Protection Unit Act, HB 354, is similar to HB 20, which was introduced in the 2023 legislative session and died on a point of order. Filed by Republican Rep. Brisco Cain, the bill would give law enforcement officers the authority to arrest those crossing the Texas-Mexico border illegally, just like federal border patrol agents.

    Law enforcement in the unit would also have the authority to “deter persons attempting to cross the border unlawfully” with non-lethal crowd control measures.

    The bill states the “security of Texans and the sovereignty of this state” have been threatened by transnational cartels, which are trafficking fentanyl and illegal immigrants.

    The unit would also manage the construction and maintenance of the state’s border wall and physical barriers, such as buoys in the Rio Grande and razor wire.

    “Voters have given us a clear mandate: secure the border and support Trump in achieving these priorities,” Cain told The Epoch Times via a text message.

    Cain said even with Trump’s commitment to securing the border, Texas has a constitutional duty to protect its citizens.

    “Federal measures can often fall short or fail to address the unique challenges we face as a border state,” he stated.

    HB 354 would ensure that the “safety and sovereignty of Texans” aren’t left to the mercy of future administrations, he said.

    State Republican Sen. Bob Hall filed Senate Bill (SB) 135 in a second attempt to establish the Texas Division of Homeland Security. It is similar to HB 127, which failed to progress and died in the 2023 legislative session.

    The division would coordinate border security and related crimes within the state and with federal law enforcement.

    Hall also filed SB 81, which would give Texas DPS officers the authority to arrest and deport people to Mexico who enter Texas illegally.

    It would give law enforcement the power to arrest and prosecute criminals attempting to traffic drugs and illegal immigrants.

    ICE Agreements

    Republicans are also introducing legislation that would require sheriffs to cooperate with the U.S. Immigration and Customs Enforcement (ICE).

    SB 658 and SB 134 would mandate that sheriffs request and, if offered, enter into written agreements with ICE to help protect the border.

    These partnerships are known as 287(g) agreements and would help supply extra manpower and logistical support to crackdown on illegal immigration, and aid mass deportation under Trump.

    SB 658 would require sheriffs in counties with a population of 250,000 or more to request and possibly enter into written agreements with ICE to “enforce federal immigration law.”

    The measure would also set up a grant fund to reimburse sheriffs for additional costs associated with cooperating with ICE.

    SB 134 is broader in scope, requiring all county sheriffs to apply for an agreement with ICE or face a loss in state grant money.

    Similarly, HB 1491 would require county commissioners to apply and enter into agreements with ICE if offered to enforce federal immigration laws.

    Illegal Immigrant Children

    Two other house bills deal with protecting children crossing from Mexico into Texas unlawfully.

    Under the proposed HB 256, the state Department of Public Safety (DPS) would conduct rapid DNA tests on those entering the United States illegally who are detained by U.S. Immigration and Customs Enforcement (ICE) and are suspected of misrepresenting a family relationship.

    Likewise, HB 1072 would require OLS officers to fingerprint and interview children unlawfully crossing the border if there is reason to believe they are being trafficked or in danger.

    Trump’s incoming border czar Tom Homan recently pledged to help locate children who have lost touch with federal authorities after crossing into the United States during the Biden administration. Estimates put the number of such children at more than 300,000, according to an August 2024 report by the Department of Homeland Security’s Office of the Inspector General.

    Legal Challenge

    After hundreds of thousands of illegal immigrants arrived at the U.S. southern border, Abbott in 2024 invoked the invasion clause of the United States and Texas constitutions to justify the state’s ongoing border operations.

    The idea of state sovereignty was also behind Texas’s SB 4, which became law in March of 2024 and has remained in limbo pending an appeals court ruling.

    Under SB 4, illegal immigrants who enter Texas outside legal ports of entry could be arrested on Class B misdemeanor charges and sentenced to up to six months in jail. Repeat offenders could face second-degree felony charges and sentences of up to 20 years in prison.

    Judges are granted leeway under SB 4 to drop the charges if the illegal immigrants agree to return to Mexico.

    U.S. Department of Justice and civil rights groups sued to stop SB 4, saying immigration enforcement is the responsibility of the federal government, not the states.

    In 2012, the U.S. Supreme Court ruled in Arizona v. United States that federal law preempted state law when it comes to immigration.

    Texas is betting the decision could be reversed under a more conservative high court.

    The U.S. Supreme Court briefly allowed SB 4 to go into effect in 2024 before sending it back to the U.S. Court of Appeals for the Fifth Circuit, which once again placed it on hold pending a ruling on the case.

    Tyler Durden
    Thu, 01/09/2025 – 17:30

  • Biden To Defer To Trump On Terror Designation For 'Rebels' Controlling Syria
    Biden To Defer To Trump On Terror Designation For ‘Rebels’ Controlling Syria

    President Biden plans to punt the decision on whether to lift the official terror designation for Hayat Tahrir al-Sham (HTS) to President-elect Donald Trump.

    Senior US officials speaking to The Washington Post on Thursday said HTS “must demonstrate they have made a clean break with extremist groups, in particular Al-Qaeda before the label can be lifted.” An unnamed official noted that “Actions will speak louder than words.” The report reads:

    The Biden administration has decided to maintain the terrorist designation of Syria’s new Islamist rulers for the remainder of President Joe Biden’s tenure, leaving a critical decision about Hayʼat Tahrir al-Sham and its leader, Ahmed al-Sharaa, to the incoming Trump administration, said three U.S. officials familiar with the matter.

    While Washington had already quickly lifted the $10 million bounty which had long been on HTS leader Abu Mohammad al-Julani’s head (or Ahmed al- Sharaa), the terror designation will remain.

    Via Associated Press

    The jihadist group which replaced the Assad government after the longtime leader’s fall on December 8 (after which Assad showed up in Moscow) has been lobbying Western capitals to drop US-led sanctions.

    Sanctions have decimated the economy, resulted in runaway inflation, and currently major cities have merely an hour of electricity a day amid winter conditions.

    But the terror designation is likely to ensure that the bulk of sanctions remain on Syria, which chiefly hurts the already suffering and impoverished common population.

    Ironically, the United States had covertly supported radical groups like HTS from the start of the war, which was ultimately a regime change operation imposed from outside.

    One regional source reviews the following background:

    Days after the fall of the Syrian government and the rise of HTS, Sharaa called on foreigners who joined HTS to receive Syrian citizenship, saying they are “part of the movement that led to the downfall of Assad and should be celebrated.”

    As part of the US-backed covert war on the former Syrian government, ISIS leader Abu Bakr al-Baghdadi dispatched his deputy Abu Mohammad al-Julani – Sharaa’s nom de guerre – and a group of extremist fighters from Iraq to Syria in August 2011 to establish the Nusra Front, Al-Qaeda’s official branch in Syria.

    Sharaa’s group, which he would later rebrand as HTS, carried out suicide bombing attacks in Damascus in December 2011 and January 2012 before announcing their existence. Thousands of Salafist religious extremists from dozens of countries, including Britain, Belgium, France, China, Chechnya, Tunisia, Afghanistan, Uzbekistan, Tajikistan, and Saudi Arabia, joined Sharaa in the fight against Damascus.

    A big question for Syria is: what’s next? It could be headed toward being a failed state, with no infrastructure, reconstruction, or resources… or there is also likelihood of more civil wars and infighting. There’s a chance, even if remote, of the country being revived, with future elections. However HTS has declared there won’t be elections for at least four years. 

    Also, Israel occupies territory in the south, the US occupies oil and gas areas in the northeast, and Turkey controls much of the north near Aleppo. The situation isn’t look good for the time being.

    Tyler Durden
    Thu, 01/09/2025 – 17:00

  • Climate Hustle: EPA Advisor Admits Sending Billions To Climate Groups Before Trump Takes Office
    Climate Hustle: EPA Advisor Admits Sending Billions To Climate Groups Before Trump Takes Office

    Via American Greatness,

    An Environmental Protection Agency (EPA) advisor has been caught on hidden camera admitting that the outgoing Biden administration is funneling billions of taxpayer dollars to climate organizations as a hedge against the incoming Trump administration.

    Brent Efron who is a special advisor for implementation for the EPA, was recorded by Project Veritas bragging about sending tens of billions of dollars in grants to climate nonprofits as “an insurance policy” against Trump’s promises to rein in government spending.

    Efron exhibits zero shame as he laughingly equates the frantic effort to get as much money as possible to climate-related allies as “throwing gold bars off the Titanic.”

    When asked where that money is going, Efron responds, “Nonprofits, states, tribes,” explaining that the effort would continue, “until the Trump people come in and tell us we cannot give out money.”

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    Efron refers to the Inflation Reduction Act as “Biden’s climate law” and describes how the EPA uses aligned nonprofits to implement climate change policy at the local level because, “they’re safer from Republicans taking the money away.”

    Efron also describes how he and his colleagues will likely continue working right up until Trump is inaugurated in order to push out as much money as possible to climate allies.

    He’s also considering how his efforts to loot the treasury on behalf of these climate nonprofits could translate into a cushy job with one of them when the new administration takes over.

    The outgoing Biden administration hasn’t been shy about shoveling as many taxpayer dollars as possible to its favored friends and lobbyists before President-elect Trump can take office on Jan 20.

    The Project Veritas report prompted a pointed response from Sen. Mike Lee (R-UT) who described Washington as having become empowered to the point that it’s become “dangerous and destructive,” and calling for a return to constitutional government.

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    Tyler Durden
    Thu, 01/09/2025 – 16:30

  • Erik Prince Reveals Trump Was Closer To Buying Greenland Than Previously Known
    Erik Prince Reveals Trump Was Closer To Buying Greenland Than Previously Known

    Blackwater USA founder Erik Prince revealed in a recent interview on the Sean Spicer Show that President-elect Donald Trump’s first administration was closer to securing a groundbreaking agreement with Denmark to take control of Greenland than previously known. Prince’s comments come as Trump ramps up his calls to acquire the Arctic landmass, highlighting its strategic military and economic advantages.

    SEAN SPICER: From a strategic standpoint how important is Greenland to the United States?

    ERIK PRINCE: It is an enormous amount of mineral potential. It is of significant interest to the Chinese Communist Party. And so I think what Trump had proposed last time, last administration, was effectively a 50-50 rev share where the US would take over the overhead costs because it costs Denmark tens of billions of dollars a year for the policing, security, and administration of Greenland. The US would take that on, but then it would basically split the revenue of any mining or energy development together with Denmark. I think it’s a good deal for Denmark and a good deal for the United States.

    SEAN SPICER: Does Denmark view themselves right now as potentially being under attack by the Chinese or under threat from them?

    ERIK PRINCE: No, but it’s the same CCP approach of show up with a lot of money, buy a lot of influence, and create presence—literally in our attic—that the Canadian government doesn’t do nearly as much of effective patrolling of all those waters and areas. And so, as a defensive play and as a good opportunity for the United States to maximize the reach and the economic development in our own hemisphere, it makes perfect sense. Most importantly, there’s some fantastic back country and helicopter skiing.

    SEAN SPICER: I knew there’d be a silver lining, but I mean in all honesty I just can’t imagine Denmark saying oh yeah yeah we’ll give up 50% or 20% even of our sovereign territory because you guys want.

    ERIK PRINCE: They were almost ready to do the deal last time. Yes, and because Denmark—I don’t believe Denmark doesn’t come anywhere near to the 2% that they’re supposed to be spending on NATO. Maybe it’s just a false flag by the president to make Denmark spend their 2% on NATO. But it’s an interesting approach and I hope he sees it through.

    SEAN SPICER: If you had to make a prediction whether Denmark agrees to some kind of a deal, where would you put it?

    ERIK PRINCE: Above 50%. Remember, you know, think about, um, you know, they called the purchase of Alaska Seward’s Folly and it turned out to be absolutely a brilliant purchase. I think it came out to two or three cents per acre in terms of value. Um, the United States, you can imagine, where would we be without Alaska? So maybe in five years or 10 years, we’ll be looking back, where would we be without Greenland?

    Tyler Durden
    Thu, 01/09/2025 – 16:00

  • Port Strike Averted As Longshoremen, USMX Reach Contract Agreement On Automation
    Port Strike Averted As Longshoremen, USMX Reach Contract Agreement On Automation

    By FreightWaves

    The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative agreement on a new six-year master contract. The agreement will replace the expiring contract which had been extended after a short strike in October 2024. 

    The two groups issued a joint statement late Wednesday evening, saying “the two sides agreed to continue to operate under the current contract until the union can meet with its full Wage Scale Committee and schedule a ratification vote, and USMX members can ratify the terms of the final contract.”

    The agreement covers approximately 25,000 union workers in container-handling at 14 ports and maritime cargo centers from Texas to Boston.

    Workers in roll on-roll off vehicle handling, which was also shut down during the October work stoppage, are not included in the new deal.

    In a classic compromise, both sides got what they had been seeking. A source with knowledge of the agreement told FreightWaves that terminal operators and ocean carriers get broader rights to introduce semi-automated rail-mounted gantry cranes and other technology they say are needed to improve efficiency in container-handling, while the union receives guarantees for new jobs linked specifically to each piece of equipment. Jobs associated with cranes are among the highest-paying among port workers.

    The agreement came together quickly, the source said, after the sides fleshed out details in meetings ahead of formal negotiations.

    The sides had previously agreed to a 62% pay increase following the October strike, but that was contingent on completing a new contract. Benefits and container royalties are among the details still to be worked out.

    Had an agreement not been reached, dockworkers could have gone on strike Jan. 15, when the extension expired. President Joe Biden had previously refrained from stepping in during strike activity in October.

    It was also a clear-cut victory for ILA President Harold Daggett, who publicly portrayed foreign-based ocean carriers as siphoning billions of dollars in profits out of the U.S. earned on the backs of underpaid American dockworkers, and that automation technology would eliminate union jobs.

    The current longshore contract negotiated in 2018 specifically prohibits full automation technology.

    The potential strike could have coincided with the start of President-elect Donald Trump’s second term; Trump had not made it clear whether federal action would have been taken this time around. In December he publicly backed the union in its anti-automation position.

    In a separate statement Wednesday, the ILA said Trump’s support was key to securing a new contract. The union also revealed for the first time that when Daggett and his son, Dennis Daggett, also a union official, met with Trump at Mar-a-lago in December,  the President-elect spoke by phone with USMX officials to express his support for the ILA.

    “You have proven yourself to be one of the best friends of working men and women in the United States,” the statement said in part.

    Details of the tentative agreement will not be announced during the final negotiation and ratification process, which will likely stretch into the summer.

    Trade groups welcomed news of the labor agreement.

    “We are pleased to see the ILA and USMX come to a final agreement on a new contract, as U.S. ports on the East and Gulf Coasts play a critical role in the retail supply chain,” said National Retail Vice President Jonathan Gold, in a statement. “Providing certainty with a new contract and avoiding further disruptions is paramount to ensure retail goods arrive in a timely manner for consumers.

    “The agreement will also pave the way for much-needed modernization efforts, which are essential for future growth at these ports and the overall resiliency of our nation’s supply chain.”

    The International Association of North America (IANA), a trade group which represents hundreds of logistics providers across rail, road, and sea, hailed the announcement.

    “We commend the dedicated and focused efforts of both parties in achieving an agreement that paves the way for a brighter, growth-focused future. This milestone is not only vital for fostering the economic growth of containerized freight but also for supporting and empowering the individuals who drive its daily operational movement.

    “While we understand that the details of the agreement have not been made public yet, we still appreciate the collaboration shown by the two parties. Their cooperation underscores the importance of unity and shared vision in ensuring the continued strength and sustainability of the intermodal freight supply chain.”

    Tyler Durden
    Thu, 01/09/2025 – 15:30

  • Nation-State Adoption To Drive Bitcoin Growth; Fidelity Digital Sees 'New Era' For Crypto In 2025
    Nation-State Adoption To Drive Bitcoin Growth; Fidelity Digital Sees ‘New Era’ For Crypto In 2025

    In its outlook for digital assets and Bitcoin, Fidelity Digital Assets called 2025 a “pivotal” year, when they should begin to have a broader impact across industries and economies.

    Citing research by economist Carlota Perez, Fidelity researchers said technological revolutions – like railroads or the internet, for example — typically disrupt multiple industries and fields and overhaul entire economies.

    “Bitcoin and digital assets could fit this theory,” Fidelity Digital Assets researcher and report author Chris Kuiper wrote.

    “We are potentially past what Perez describes as an early speculative period accompanied by financial boom and busts and are now possibly entering the phase of further adoption.”

    The Fidelity paper said we are at the early stages of mass diffusion and adoption with digital assets in a process that will evolve over decades.

    “2025 has the potential to be the year that is looked back on as the pivotal time where the “chasm was crossed” as digital assets begin to take root and embed themselves into multiple fields and industries,” Kuiper wrote.

    “For example, in the past year, we have already seen discussions around nation-state adoption and increased corporate balance sheet adoption.”

    So, while Bitcoin boomed in 2024, it is still in the early days of this new era of sustainable adoption, diffusion, and integration, Kuiper said.

    “We anticipate more nation-states, central banks, sovereign wealth funds, and government treasuries will look to establish strategic positions in Bitcoin,” said Fidelity Digital Assets research analyst Matt Hogan in the firm’s Jan. 7 paper titled “2025 Look Ahead.”

    CoinTelegraph’s Martin Young reports that Hogan believes more entities may take notice of the playbook employed by Bhutan and El Salvador “and the substantial returns they have been able to glean from such positions in a relatively short amount of time.”

    He said that not making any Bitcoin allocation could become more of a risk to nations than making one due to challenges such as debilitating inflation, currency debasement and increasingly crushing fiscal deficits. 

    If the US goes ahead with its Bitcoin strategic reserve plans, “it is likely that nation-states would begin accumulating in secret,” Hogan said. “No nation has an incentive to announce these plans, as doing so could influence more buyers and drive up the price.”

    Top nation states holding Bitcoin. Source: FDA

    Hogan also predicted that digital asset-structured and managed products would “go mainstream” in 2025, adding it was “difficult to overstate the success” of spot Bitcoin and Ether ETH$3,237.85 exchange-traded funds

    “With the initial success of these products, it would not be unreasonable to expect 2025 to bring about more structured passive and actively managed digital asset products to the world of TradFi.”

    Hogan also predicted that tokenization will be the “killer app” of 2025, with onchain value doubling from $14 billion to $30 billion by the end of the year.

    “Tokenization is often seen as a buzzword in the world of blockchain technology, but its potential in financial services and beyond is only beginning to be realized,” he said. 

    The Fidelity researchers said investors should “prepare for acceleration” with “increased adoption, development, interest in, and demand for digital assets.”

    They added that “investors are not too late to join the digital asset movement” and believed “we may be entering the dawn of a new era for digital assets, one poised to span multiple years — if not decades.”

    Tyler Durden
    Thu, 01/09/2025 – 15:05

  • Professor Walks Back Calling It "Karma" After Trump-Supporting Actor Loses Home In LA Wildfires
    Professor Walks Back Calling It “Karma” After Trump-Supporting Actor Loses Home In LA Wildfires

    Authored by Garielle Temaat via The College Fix,

    University of Missouri Professor Karen Piper touted the destruction of Trump-supporting actor James Woods’ house in the California wildfires, calling it “karma” in an X post on Tuesday, before walking it back in a statement to The College Fix, calling it a “joke.”

    “James Woods’ house is burning down. It’s karma calling,” wrote the scholar, who is retired but will teach one online class this spring semester. She has since deleted her post after backlash.

    In an email statement Wednesday to The College Fix, Piper said she does not “wish anyone any harm.”

    “The situation in California is heartbreaking and devastating. As a Californian, I am particularly distraught by seeing the devastation of so many beloved places I used to call home,” she said.

    “That tweet was before I learned how catastrophic the situation was becoming. I didn’t think it might actually happen! It was meant as a joke. My prayers are with all of the victims,” Piper said.

    University spokesperson Christopher Ave told The College Fix via email that the school finds Piper’s statement “deeply offensive.”

    “[I]t does not reflect the university’s viewpoint or values. We are reviewing this matter,” Ave stated.

    Piper is retired from the faculty. At this point, she is scheduled to teach one online, upper-level class in creative writing in the spring semester,” he stated.

    The Fix also reached out to Piper via phone and email for clarification on her statement, but she did not immediately respond.

    Piper’s faculty page on the university’s website now states users are “not authorized” to access the page.

    According to a screenshot of the page posted to X, however, she has taught “environmental discourse and policy” and “climate change fiction” at the school.

    She has also written a book, “Left in the Dust: How Race and Politics Created a Human and Environmental Tragedy in L.A.,” which “examines the environmental justice issues surrounding water pollution and scarcity in Los Angeles.”

    Woods is an Oscar-nominated actor well-known for publicly supporting President-elect Donald Trump.

    The actor has called Trump “a man who is willing to work for free to make his beloved country a better place” and “the voice of the American people,” Newsweek reported.

    In a post on X, Woods stated, “I couldn’t believe our lovely little home in the hills held on this long. It feels like losing a loved one.”

    Woods also posted videos of the flames approaching his house.

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    Numerous X users condemned Piper’s post, including Claremont Institute Senior Fellow Jeremy Carl.

    “Hey @Mizzou are you okay with one of your faculty members tweeting this about James Woods?” Carl wrote. “I guarantee you [Republican Sen. Josh Hawley] isn’t.”

    Additionally, novelist and screenwriter Roger Simon stated in a Substack post that he “agree[s] with the actor James Woods who lost his house and has blamed the extent of the L. A. fires on ‘liberal idiots.’”

    He also commended Woods for exposing the L.A. police chief’s diversity, equity, and inclusion priorities.

    “Woods again put it well, noting that refilling the reservoirs might have been a priority of hers in such a parched area while quoting the chief’s bio that exposes her real priorities that have nothing to do with fighting fires,” Simon stated.

    Tyler Durden
    Thu, 01/09/2025 – 14:40

Digest powered by RSS Digest

Today’s News 9th January 2025

  • Why Are Fertility Rates Not Rising?
    Why Are Fertility Rates Not Rising?

    Authored by Russell Clark via ‘Capital Flows and Asset Markets’,

    It is always hard to get back into writing in the new year – this year in particular. As a family we stayed in London – and over the last few years, with my oldest doing motorsport and my youngest at a football academy, as family we are rarely together for long periods of time. Hanging out at home has allowed me to try and make a dent in my massive tsundoku that has accumulated on my bed side table. One book I managed to finish is Ultra-Processed People by Chris van Tulleken – a Christmas present from 2023! There was nothing too radical in the book, the idea of processed food not being good for you is not particularly mind blowing. There was one very interesting idea I took from Ultra-Processed Food. While humans basically need a certain amount of calories, we also need various other macro nutrients, which turn up in various random foods. I know that I occasionally will have a craving for steak, grapes, pineapples and apples, that will disappear after a day or two of gorging on these foods. In Ultra-Processed Food, the author points out that these macronutrients do not really appear in processed foods, or if they do in very small quantities. Your body will need them, so you end up eating much more processed food to try and get that macronutrient. You end up in the perverse situation of being obese and malnourished at the same time.

    The fact of the matter is that general starvation and lack of food during and after World War II drove the industrialisation of food production. And in the post War Period was wildly successful at ending hunger in the industrialised world. Capitalism did what it does best – it was provided a profit motive to supply food to the world- and it solved it. The profit motive had a downside of course. Competition and profit seeking saw industrialised food emphasise addictive foods (high in sugar and salt) and food that lasts a long time to reduce costs (artificial preservatives). And lo and behold, in a single generation we have gone from a food crisis to a weight crisis. So does changing food production techniques have anything to do with falling fertility rate? In the UK fertility rates started dropping in the 1960s, after spiking after World War II. That fertility rates are at levels today seen during periods of war I find telling.

    My original thoughts was that in the 1980s, the world turned pro-labour, and real wages starting falling. With less money, people had less babies was the line of thinking. I thought that a pro-labour turn in politics would also lead to a turn in fertility rates. You can frame the argument in many different ways, but I thought the increased job security of the pro-labour world would allow families to have more children. I had also assumed improving Artificial Reproductive Technology (ART) would also help to cause fertility rates to surge. To my disappointment, Denmark, which publishes up to date birth statistics, and has very relaxed and supportive rules on ART has seen recent birth rates fall back to lows. In 2021, the surge in babies made me very excited that this theory was correct, but it now looks like an aberration.

    Thinking about obesity as a sign of a deficient diet allowed me to think about falling fertility rates in a different way. Obesity in the UK took off at around the same time that fertility rates fell. I never really saw any reason to tie falling fertility rates to rising obesity. If anything, birth rates have tended to fall during periods of food insecurity, such as during war and famine. But using the observation from Ultra-Processed People – obesity could be a sign of lack of macro-nutrients? That is excess calorie consumption in the search of vital minerals? That obesity is a sign of a lack of nutrition needed for baby making?

    Circumstantial evidence is easy to find. Mexico used to have a far higher fertility rate than the US. But the success of Coca Cola in Mexico is hard to understate – a former Coca Cola salesmen was President for awhile, and per capita consumption in Mexico is far higher than elsewhere.

    And Mexican fertility rates are now below that of the United States.

    Of course, correlation is not causation. And there is a big problem with this analysis. Japanese fertility rates have also fallen in this period, and this is a country that works hard at avoiding processed food. Japan is also a problem in thinking high house prices may affect the decision to have children. Japan has had falling house prices for most of the past 30 years with no effect on fertility. But one thing Japan has had in line with the rest of the world is rising urbanisation rates. Is city living non-conducive to having kids?

    Does big city living destroy the desire to have children? Are obesity, infertility and urbanisation all measure of the same thing – modernity? Could the possibility of telecommuting that seemed so real during Covid be the answer? Should governments mandate that all companies that can work remotely should work remotely? Is that the answer to the fertility crisis? It seems like a good idea to me – what harm can it do?

    Tyler Durden
    Wed, 01/08/2025 – 23:25

  • Trump Envoy To Join Gaza Ceasefire Talks In Qatar
    Trump Envoy To Join Gaza Ceasefire Talks In Qatar

    Authored by Dave DeCamp via AntiWar.com,

    President-elect Donald Trump’s incoming Middle East envoy, Steve Witkoffsaid Tuesday that he was traveling to Qatar to take part in Gaza hostage and ceasefire negotiations with Biden administration officials.

    Chances of a deal seem slim as Israeli Prime Minister Benjamin Netanyahu has made clear he has no intention of ending the genocidal war, and Hamas is saying any deal must lead to a permanent ceasefire, but Witkoff insisted progress was being made.

    Left: Steve Witkoff

    “We’re making a lot of progress, and I don’t want to say too much because I think they’re doing a really good job back in Doha,” Witkoff, a real estate investor, said at a press conference with Trump at Mar-a-Lago.

    Witkoff said he was “really hopeful that by the inaugural, we’ll have some good things to announce on behalf of the president.” When asked what has been impeding a deal, Witkoff declined to answer. “I believe we’ve been on the verge of [a deal]. I don’t want to discuss what’s delayed it — no point to be negative in any way,” he said.

    Standing alongside Witkoff, Trump repeated his threat that there would be “all hell to pay” if Hamas doesn’t start releasing hostages by his inauguration on January 20.

    “If those hostages aren’t back — if they’re not back by the time I get into office — all hell will break out in the Middle East and it will not be good for Hamas and it will not be good, frankly, for anyone. All hell will break out. I don’t have to say anymore, but that’s what it is and they should have been back a long time ago,” Trump said.

    The president-elect has vowed to be a staunch supporter of Israel, as he was in his first term, and said on Monday that he was the “best friend that Israel ever had.”

    According to media reports, Hamas has released a list of 34 hostages it is willing to release as part of the first phase of a ceasefire deal in exchange for the release of Palestinian prisoners.

    The Times of Israel reported that a potential deal that’s on the table would only involve a six to seven-week temporary ceasefire. Relatives of Israelis still held in Gaza are calling for the government to pursue a comprehensive deal that releases all the hostages and brings an end to the conflict.

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    During previous rounds of negotiations, Netanyahu sabotaged the chances of a deal by constantly declaring that he wouldn’t agree to a permanent truce and adding new demands.

    Tyler Durden
    Wed, 01/08/2025 – 23:00

  • Blinken Responds To Trump, Says US Won't Take Over Greenland
    Blinken Responds To Trump, Says US Won’t Take Over Greenland

    Authored by Jack Phillips via The Epoch Times (emphasis ours),

    Outgoing Secretary of State Antony Blinken said that the United States likely will not take over Greenland anytime soon, referring to recent comments made by President-elect Donald Trump expressing interest in controlling the island.

    Secretary of State Antony Blinken testifies before the Foreign Affairs Committee on Capitol Hill in Washington on Dec. 11, 2024. Madalina Vasiliu/The Epoch Times

    The idea expressed about Greenland is obviously not a good one, but maybe more important, it’s obviously one that’s not going to happen, so we probably shouldn’t waste a lot of time talking about it,” Blinken said during a press conference in Paris on Wednesday.

    When he was pressed on Trump’s remarks about the United States acquiring Greenland from Denmark, Blinken stressed the need for allies.

    “I think one of the basic propositions we brought to our work over the last four years is that we’re stronger, we’re more effective, we get better results when we’re working closely with our allies, not saying or doing things that may alienate them,” he told reporters.

    Greenland, located to the northeast of the United States, is an autonomous territory under the domain of Denmark. Citizens of the territory are considered citizens of Denmark and the European Union.

    In a press conference at his Mar-a-Lago residence in Florida, Trump did not rule out using the U.S. military to acquire Greenland and the Panama Canal.

    I’m not going to commit to that,” Trump said. “It might be that you have to do something.”

    This week, his son Donald Trump Jr. took a trip to Greenland to shoot video as part of a podcast.

    Denmark’s foreign minister said on Wednesday that Greenland can become independent if its residents want it but that it likely won’t become a U.S. state, as Greenland’s leader met with the Danish king in Copenhagen on the day.

    “We fully recognize that Greenland has its own ambitions. If they materialize, Greenland will become independent, though hardly with an ambition to become a federal state in the United States,” Danish Foreign Minister Lars Lokke Rasmussen said.

    He did not say whether he believed that Greenland would become a territory of the United States, only commenting on whether it could become a state.

    He told reporters that the United States has significant security concerns in the Arctic, which he signaled were legitimate, due to higher Chinese and Russian activity in the region in recent years.

    “I don’t think that we’re in a foreign policy crisis,” Rasmussen said. “We are open to a dialogue with the Americans on how we can possibly cooperate even more closely than we do to ensure that the American ambitions are fulfilled.”

    Greenlandic Prime Minister Mute Egede has said that Greenland is not for sale, in response to Trump’s comments.

    Greenland is ours. We are not for sale and will never be for sale. We must not lose our long struggle for freedom,” he said in a statement in late December 2024.

    Trump, while commenting on Greenland, announced he had chosen Ken Howery to be his ambassador to Denmark.

    For purposes of National Security and Freedom throughout the World, the United States of America feels that the ownership and control of Greenland is an absolute necessity,” Trump wrote in a post on Truth Social.

    The president-elect, who will be inaugurated on Jan. 20, said on Tuesday that the United States also needs to reassert control over the Panama Canal, a structure it built in the early part of the 20th century. He said that the canal’s control is a matter of national security and that Chinese companies control parts of it now.

    “The Panama Canal is vital to our country,” he said. “It’s being operated by China—China!—and we gave the Panama Canal to Panama, we didn’t give it to China. They’ve abused that gift.”

    Reuters contributed to this report.

    Tyler Durden
    Wed, 01/08/2025 – 22:35

  • DOJ Confirms It Will Release Jack Smith's Report On Trump, But…
    DOJ Confirms It Will Release Jack Smith’s Report On Trump, But…

    Attorney General Merrick Garland plans to release only the volume of special counsel Jack Smith’s report dealing with Donald Trump’s plans to subvert the transfer of power after his loss in the 2020 election, holding back on sharing the Mar-a-Lago report while the president-elect’s two co-defendants still face trial.

    Garland’s decision all but assures the public will never see Smith’s report reviewing Trump’s mishandling of classified records at his Palm Beach, Fla., resort.

    However, the filing says the top members of the House and Senate Judiciary committees will be able to review the Mar-a-Lago report at the Department of Justice (DOJ)… so don’t be surprised when the leaks start.

    As Zachary Stieber reports for The Epoch Times, DOJ officials said in a court filing to the U.S. Court of Appeals for the 11th Circuit that AG Garland intends to release part one of the report, which deals with Trump, “in furtherance of the public interest in informing a co-equal branch and the public regarding this significant matter.”

    Smith has already transmitted the report to Garland, officials said.

    U.S. District Judge Aileen Cannon on Tuesday had ordered the department not to release the report until the 11th Circuit reviewed a motion by Walt Nauta and Carlos De Oliveira, Trump’s co-defendants in a federal case.

    While prosecutors dropped charges against Trump following his November 2024 election win, they are still pursuing Nauta, a former Trump aide, and De Oliveira, a manager at Trump’s resort in Florida.

    Nauta and De Oliveira say Smith should be fired and that his report should not be released to the public, given he was found by Cannon to be unconstitutionally appointed.

    DOJ lawyers said in the new filing that whether Smith was unconstitutionally appointed is irrelevant because the issue at hand is how Garland handles Smith’s report. They also argued that Nauta and De Oliveira have no interest in part one, and do not have standing to block the publication of that part.

    “There is also no valid basis for this Court to pretermit the Attorney General’s discretion with respect to Volume One,” they wrote.

    Officials said that while part two of the report will not be made available to the public, a redacted version will be available for certain lawmakers to view in camera as long as the lawmakers agree not to publicly release any of the report’s contents.

    “This limited disclosure will further the public interest in keeping congressional leadership apprised of a significant matter within the Department while safeguarding defendants’ interests,” they wrote.

    Cannon’s order prohibited, pending resolution of the emergency motion from Nauta and De Oliveira by the appeals court, Smith, Garland, the DOJ, and all persons acting together with the parties from releasing, sharing, or transmitting the report or drafts of the report with any person outside of the DOJ.

    It did not bar Smith from transmitting the report to Garland.

    Federal law governing special counsels requires each counsel to prepare a final report explaining prosecution decisions and transmit it to the attorney general, who can decide whether to make it public.

    Tyler Durden
    Wed, 01/08/2025 – 22:10

  • Red Pentagon? DoD's Leninist L-Band Expropriation Tips Ligado Networks Into Bankruptcy
    Red Pentagon? DoD’s Leninist L-Band Expropriation Tips Ligado Networks Into Bankruptcy

    Submitted by James Holloway via ‘A Temporary Problem of Liquidity’ substack,

    Ligado Networks filed for bankruptcy on Sunday thanks in no small part to the United States of America, specifically the Department of Defense.

    In a suit filed in October 2023, Ligado alleges that the U.S. expropriated and used spectrum awarded to Ligado by the FCC without compensation and then engaged in a strategy of “deceit and misinformation.” 

    Ligado is suing the U.S. for $40 billion, reflecting sunk costs and lost revenues related to a proposed 5G network in the L-Band that the Pentagon took for its own.

    It filed for breathing space to focus on that lawsuit, among other things. 

    The prearranged chapter 11/RSA supported by 88% of pre-petition funded debt, including first lien and crossholder groups. Funded debt (it sums to $8.6 billion):

    There are also series of preferreds (liquidation preference just short of $3b) and two classes of equity. Cash in the cookie jar: $9.3mm at petition. Ligado needs $115m to “operate smoothly” through the post-petition period, according to Bruce Mendelsohn, head of the financing/capital solutions group at PWP. Fortunately, the debtors hit the courthouse with a prearranged chapter 11 plan: a DIP, a “long-term commercial transaction” with a third party, and a restructuring supporting agreement (“RSA”).

    Telecom: it devours cash like a stoner crashing a bag of Doritos. The build cycles are long; companies are at the mercy of regulators, code enforcement officers and environmentalists with eager young attorneys desperate to Make a Difference, or at least an impression on the bosses. Has any industry been more creatively destroyed then re-assembled over the last thirty-odd years? Suppose it’s not some arm of the Law. In that case, it’s innovation (replace copper with fiber), its supply chain, or natural disaster (remember Fukushima? High yield primary was closed for three weeks as doom-mongers warned of mutant fish washing up on the beaches of California) or disasters of human invention. War, or perhaps the nationalization of what V.I. Lenin called the “commanding heights” of the economy. Lenin meant heavy industry – steel mills powered by hydroelectric dams and similar quaint relicts of a vanished age – and media/communications.

    This brings us to the amusing observation that Ligado was tipped into bankruptcy by the Department of Defense’s (“DOD”) de facto nationalization of spectrum that the FCC had authorized for Ligado’s use. We’d heard the U.S. military was “evolving” in the general direction of “woke.” Is it similarly “evolving” toward Leninist methods of procurement, e.g., “expropriation”? “Liberation”?

    Since 2010, Ligado has sought to integrate its satellite services with terrestrial networks, according to the first-day declaration (“FDD”) of CEO Douglas Smith. Specifically, it’s been seeking authorization to build out a 5G network using spectrums in what it calls the “L-Band,” a “highly attractive one- to two gigahertz (‘GHz’) spectrum category, known as the lower mid-band.” Ligado was nothing if not tenacious. After ten years of a “contentious, protracted regulatory process,”[1] the FCC in 2020 granted Ligado authority to build such a network using its “licensed and leased spectrum.”

    Bit of a problem, though. The below spectrum map from Smith’s FDD may be helpful. We wonder if Smith wishes he had never heard of the goddam L-Band. Or, perhaps, he wishes Ligado was not under the aegis of the Department of Defense, the Department of Commerce (“DOC”) and the U.S. Congress “(collectively, the ‘U.S. Government’)”:

    The teal-ish box beside Ligado’s 1525-1559 Mhz L-Band is labeled GPS/GNSS. This band is reserved for satellite systems that provide “PNT”: positioning, navigation and timing services. GPS is the “Global Positioning System” owned by the U.S. Space Force (which planet gets invaded first!?!?!). GNSS are the “other” Global Navigation Satellite Systems. Europe’s is called Galileo (such an injustice! Eratosthenes, overlooked again!) Russia’s is GLONASS; China’s is IRNSS, and so on.

    The U.S., led by the Department of Defense, has argued since roughly 2018 that Lidago’s use of the L-Band would interfere with the GPS spectrum used by the the U.S. military to “coordinate tactical operations, launch spacecraft, track threats and facilitate air and sea travel.” Yeah, we get that. Say some general needs to extract himself from Kabul ASAP. What if noise from Ligado routed his entourage to the Friendship Bridgeover the Amu Darya River? How those Russians would laugh! And for all we know, noise from Ligado has already farked tactical coordination, contributing to this submarine’s collision with an undersea mountain, this naval supply ship running aground offshore Bahrain, and these two naval vessels almost colliding in San Diego Bay. (Maybe the Elite Human Capital in the Valley can make a Turning Circle app. The old folks did it with pencils, just like the old-school bond guys did repo in their heads.)

    Smith argues in his FDD that “scientific studies” show Ligado’s use of the L-Band would not interfere with GPS. The FCC “explicitly rejected” the military’s claims about GPS interference when granting Ligado authority. So what’s the deal? Smith knows the score the Pentagon “has taken the Debtors’ spectrum for the agency’s own use, operating previously undisclosed systems that use or depend on the Debtors’ allocated spectrumwithout compensating the Debtors.”

    Emphasis added. “Previously undisclosed systems.” Oh dear. If you ask us, sounds like 48, or some other GWOT agit-prop designed to rattle the populace into believing some “fight them there or we will have to fight them at the Rose Bowl in a way that will utterly ruin college football season” bullshit. The legendarily unaccountable Pentagon, or some entity within the archipelago of three-letter agencies infesting Northern Virginia like a colony of indestructible roaches, has some private war, or God knows what, going on. We assume that, too, is all highly classified. Ligado, through no fault of its own, stumbled into this band, and the FCC, believing it unused, shrugged and told them to take it. So the Pentagon, rather than – we don’t know, tell the fucking truth – reverted to the usual best practice: the tried and true “strategy of deceit and misinformation”(Smith’s words), an array of “unfounded claims” (Smith will not mind if we point out synonyms “lie” and “bullshit”[3]disseminated like mean-girl gossip among the media and the legislative/administrative branches.

    Smith says the DOD and the DOC orchestrated a campaign of opposition which included eight parties filing petitions to reverse the FCC’s 2020 decision. Various U.S. Congresspeople—always ready, willing and able to serve their constituents, especially when the defense of Our Democracy is at stake (and maybe line up a nice gig for when the DC scene gets old) — have likewise objected.

    Ligado can’t be blamed for exercising its “rights and remedies” here: in October 2023, it sued the U.S., alleging that the DOD’s bullshit had cost it, Ligado, hundreds of billions in sunk costs and lost profits. $40 billion, to be precise: that’s how much Ligado is seeking in the U.S. Court of Federal Claims (it’s also not very much in light of the Pentagon’s budgets). The U.S., in January 2024, filed a motion to dismiss the suit. In December, the Court of Federal Claims allowed the suit to proceed. The case is

    Then there’s the Cooperation Agreement with Immarsat. Immarsat, which also landed a piece of the L-Band, and Ligado agreed to coordinate their respective bits into “contiguous spectrum blocks within the spectrum and at the power levels agreed upon.” Ligado is required to pay Immarsat for those coordination rights. Rather, pay Viasat, which acquired Immarsat in 2021. Ligado has engaged in“extensive discussions” with Viasat about restructuring its “significant payment obligations” under the agreement. Just as the parties were finalizing the contours of a commercial agreement, Smith says, and right out of the blue, Viasat raised up a tax issue that had the effect of sinking the deal. Viasat ultimately“revealed that its true intent is to access the Debtors’ spectrum to implement Viasat’s commercial goals. In other words, without the Debtors’ spectrum, Viasat cannot execute on its business plan.”

    What could the company do against such an array of foes? Ligado filed with a DIP and an RSA proposing a pre-arranged chapter 11 and recognition proceeding under the Canadian Companies’ Creditors Arrangement Act.Prepetition funded debt will be equitized, other than the amounts repaid or rolled up by DIP. Equity and preferred interests are retained. As part of the RSA, Ligado is undertaking a long-term commercial deal with AST & Science LLC, a space-based 5G network.

    The DIP facility is the standard new money/rollup. It consists of $442m of new money loans, $12mm of which will be available on an interim basis. On the final order, $327mm of “DIP Secured Funding Loans” will be available to repay the 1L first-out, and $103mm of “DIP Delayed Draw Term Loans” (“DDTL”) three days after entry of the final order. The new money loans bear interest at 15.5% cash and 17.5% PIK. The DIP also provides for a roll-up of $442mm of 1L obligations (other than the 1L first-out piece), which can be increased to as much as $497mm. Ligado also seeks the use of cash collateral (the above-referenced $9.3mm).

    And those fees! Holy damn, but we assume it reflects the risk of supporting an entity that’s had the absolute cheek to defy the Exceptional Nation; make it mad, and it may smite well smite all the “consenting” investors unto the 70thgeneration. There’s a $20k DIP agent acceptance fee and a $80k annual agency fee. Those are in cash. These are PIK: 12.5% backstop fee, 5% commitment fee, 5% first funding discount fee, 5% second funding discount fee, DDTL funding discount fee (payable on the amount of DDTL draws made on funding date) and a 3% unused funding commitment payable on unused secured and DDTL funds.

    As for the AST deal, Smith calls it “transformative” (isn’t that what Gerry Levin called Time Warner’s deal with AOL?). AST gets the right to use Ligado’s satellites, ground assets and L-band Spectrum, “including substantially all of the capacity on SkyTerra-1 and any replacement or follow-on satellites.”AST will pay an annual usage-right fee of $80mm plus a percentage of revenue. Ligado will keeps control of its licenses and physical assets. The deal terminates on December 31, 2107. The implication that the parties believe civilization will survive until then provides a brief glimmer of comfort.

    Here are the percentages of support for the RSA:

    Ligado intends to use the “breathing spell” to pursue its lawsuit against the U.S. government, and here’s hoping that Smith, Ligado and their counsels stick it to the Man, as was said by the hippies of yore. It will also continue working on its technology and document the AST deal.

    Ligado’s first-day hearing yesterday ran just short of ninety minutes, which seems right given the support of prepetition secured lenders for the RSA. The docket includes a revised DIP motion incorporating revisions requested by the Court, which was signed this morning. The redline does not indicate monster changes. The Court approved other first-day relief.

    The next event in the docket is a final hearing on the cash management motion, set for January 29.

    Ligado also filed an adversary case against Inmarsat. The DIP posting memo is here.

    Tyler Durden
    Wed, 01/08/2025 – 21:45

  • Goldman's CES 2025 Takeaway: Chinese Firms Unveil New AI PCs, Mixed Reality Headsets, EV Tech & Panels
    Goldman’s CES 2025 Takeaway: Chinese Firms Unveil New AI PCs, Mixed Reality Headsets, EV Tech & Panels

    Analysts at Goldman Sachs working on the Greater China Tech Research desk in Hong Kong released a client note Thursday highlighting key product launches and demonstrations by Chinese companies at the Consumer Electronics Show (CES) 2025 in Las Vegas.

    Goldman’s Allen Chang and Verena Jeng focused on 19 Chinese companies attending CES 2025 that released notable products across AI PCs, mixed reality (MR) and AI glasses, EV technology, eVTOLs, gaming PCs and monitors, and AI servers. 

    Here are the companies and their respective highlights:

    From the list, the analysts offered additional insights on launches from select companies, along with their analyst ratings: 

    AI PC

    ASUS (2357.TW, Buy): ASUS launched new Copilot+ PC models including Zenbook A14 (priced from US$899), Vivobook 14/ 16 at CES 2025. The new Zenbook model is based on Snapdragon X Series platform, featuring lighter weight under 1kg with innovative Ceraluminum chassis and over 32 hours battery life. For commercial AI PC, ASUS’s ExpertBook P5 was launched in Oct 2024, with self-developed “AI ExpertMeet” for AI translation and AI meeting functions. We expect stronger AI PC ramp up in 2025E on the back of more models with the mainstream chipset platforms (Intel) and software (Copilot+), along with the long battery life and growing generative AI functions.

    Lenovo (0992.HK, Buy): The company launched new AI PC models Thinkpad X9 14/ 15 (Aura Editions, priced from US$1,089), and unveiled ThinkBook Plus Gen 6 Rollable AI laptop during CES. Thinkpad X9 is Copilot+ PC model supported by Intel Core Ultra platform, and offers Smart Share functions to connect users’ smartphones to the laptop instantly through the AI virtual sensors, enabling users to easily edit photos or access to text messages on PC easily. In Dec 2024, Lenovo announced the collaboration with Volcano Engine to adopt Doubao LLM on company’s AI PC for AI search, AI writing etc. functions, and launched personal AI assistant Xiaotian to empower multiple user terminals, which has covered 1,500+ applications. We are positive on the new AI PC launch and expanding software/ ecosystem to accelerate company’s AI PC penetration. 

    AI Server

    Gigabyte (2376.TW, Buy): Gigabyte showcased multiple AI server solutions at CES 2025, including rack-level AI servers, and AI servers across AMD MI325, NVIDIA HGX, and Intel Gaudi 3 platforms. For cooling solution, the company is due to demonstrate the one-stop liquid cooling solution across CDU, manifolds, and cold plates for AI servers clients. The company also launched new AI PC models AORUS MASTER, GIGABYTE AERO, and GIGABYTE GAMING, empowered by Copilot functions and Gigabyte’s new AI agent “GiMate” to enhance the gaming experiences. The company also demonstrated new QD-OLED gaming monitors launched in Jan 2025, highlighting the enhanced Tactical features to bring users better experience in speed, clarity, and reliability.

    Automotive Tech

    Thundersoft (300496.SZ, Buy): The company highlights AquaDrive OS that integrates smart driving and cockpit domain and company’s expansion to smart driving software solution through the JV with Horizon Robotics. Thundersoft recently also introduced new AI smart cockpit empowered by LLM (Large Language Model) from Volcengine (private) to enable AI interaction and image generation functions, showcasing during CES. Besides automotive solution, Thundersoft launched 4 reference designs of Mini PC in Dec 2024 based on Qualcomm Snapdragon X platform to empower new models, supporting 13bn LLM to run on the edge devices.

    Black Sesame (2533.HK, not covered): Black Sesame launched Huashan A2000 Series (A2000, A2000 Pro, A2000L) by end of Dec 2024, showcasing the new products at CES 2025 with smart driving functions for car models of different pricing range. The company’s new NPU architecture “JiuShao” with its AI tool chains “BaRT”, featuring higher efficiency and enhanced performance.

    XPeng Aeroht (Private): The company showcased the Land Aircraft Carrier (LAC) during CES 2025, which is a six-wheeled van with a quadcopter drone, featuring 800V SiC platform and 1,000km mileages. The LAC completed the first public flight in Nov at China International Aviation Exhibition. We see growing entrants entering eVTOL and flying vehicles market, which is positive to the ecosystem expansion and future commercialization.

    Mixed Reality

    HTC (2498.TW, Neutral): The company showcased its VR/ MR headset and VIVE applications during CES 2025. The new headset model VIVE Focus Vision launched in Sep (Report link, priced at US$999) mainly targets high-end gaming and enterprise users, offering users sharper graphics, faster response time, and more immersive experiences. Meanwhile, the company continues to work with ToB (Business) clients to expand MR/ VR applications, for example, Sagrada Família VR exhibition, and VIVELAND in Kaohsiung.

    Sunny Optical (2382.HK, Neutral): Sunnyverse, the subsidiary of Sunny Optical, demonstrated XR glasses solution and optical module products during CES 2025, supported by the company’s capability to provide customized design for clients. IoT, wearables, and Robotics applications are also expected at CES, including AI camera of devices empowered by AI assistant, AI IPC vision solution for pet detection, and OCR solution for smart ironing.

    AAC (2018.HK, Buy, on CL): AAC demonstrated “Immersive Demos” and “Interactive Workshops” sessions at CES to showcase its product offerings across acoustics, haptics, optics and hinges. In Dec, the company’s new generation of acoustics solution with 600% higher volume and 25% lower power consumption was adopted by Vivo Y300, and we view the enhanced solution is positive to drive better mix. Meanwhile, post PSS acquisition, AAC is expanding its automotive acoustics client base, including Geely (Galaxy E5), Smart (Audiobox for new model.

    Besides Chinese companies at CES, we outlined:

    More from CES…

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    Tyler Durden
    Wed, 01/08/2025 – 21:20

  • Time To Get Real
    Time To Get Real

    Authored by Citizen Soldier via RealClearDefense,

    Lives depend on it,said incoming Senate Majority Whip John Barasso.

    He’s urging confirmation of President Trump’s national security team of Kash Patel for FBI Director, Tulsi Gabbard for DNI, and Pete Hegseth as Secretary of Defense.

    He wants Mike Waltz appointed as national security advisor.

    Barasso wants serious people swiftly sworn into office on January 20—as we all should.

    Because reality returned at 0315 on New Year’s Day.

    Not fireworks and champagne, but a determined attack on American life by one man who plowed into a crowd on Bourbon Street, then opened fire on cops and civilians. Pipe bombs were found a few blocks away, rigged for remote detonation.

    The attack by Shamsud-Din Jabbar in New Orleans killed at least 14 people and injured dozens. Another image of death and terror seared into the Nation’s memory.

    We may not have all the facts but we know this: Regular police officers took fire and killed the attacker.

    Real people faced evil and stopped it, demonstrating courage under fire like countless local cops and agents in the field, like so many thousands of combat veterans in Iraq and Afghanistan. For people who wear the uniform, who train their mind and body to fight back when others flee, an entire life of preparation boils down to a few seconds.

    Few of Biden’s senior-most national security officials could possibly understand. Consider their qualifications:

    • Avril Haines, DNI, graduated Georgetown Law, rotated through various ministerial positions in the Obama Administration, managed a program at Columbia University, and advised private corporations.
    • Jake Sullivan, NSA, graduated Yale Law, held various ministerial positions in the Obama Administration, taught at Yale Law School, advised Hillary Clinton during her run for the presidency, and advised private corporations.
    • Christopher Wray, FBI Director, prosecuted cases early in his career, joined the Bush Administration, then left government to defend corporations at a prominent, white-shoe law firm.

    These are Biden’s national security leaders. 

    Lawyers and policy wonks, standing safely back from the action, sometimes attentive but many times distracted, reacting to atrocities the only way they know how — by creating more rules and processes, regardless whether they solve the problem.

    Contrast them with former terrorism prosecutor Patel, and Gabbard, Hegseth, and Waltz, all former Army officers who have actively defended the United States.

    National security leadership is as much a product of experience as education. Firsthand knowledge of violence and its consequences should be a prerequisite for the job. Haines, Sullivan, Wray, and many others boast blue-chip resumes and good social networks but have skipped their apprenticeships to violence, declining to put themselves in harm’s way as soldiers, intelligence officers, special agents, or cops.

    Left-wing allies in the media condemn Trump’s national security picks as “lacking qualifications,” but fail to scrutinize the records of Biden’s people, who are well-qualified for the classroom or board room, not the arena.

    Time to end the Obama-Biden practice of putting under-qualified people in charge of our national security. We need real leaders who are strong and decisive, just like the men and women who patrol our streets.   

    Citizen Soldier believes in life, liberty, and the pursuit of Happiness. 

    Tyler Durden
    Wed, 01/08/2025 – 20:55

  • DOJ Sues 6 Landlords Over Alleged Algorithmic Rent-Fixing Scheme
    DOJ Sues 6 Landlords Over Alleged Algorithmic Rent-Fixing Scheme

    Authored by Aldgra Fredly via The Epoch Times,

    The Department of Justice (DOJ) said on Tuesday that it is suing six large landlords over alleged anticompetitive practices in housing rental markets, expanding the DOJ’s first case alleging algorithmic collusion.

    The DOJ and a coalition of states filed the antitrust lawsuit in North Carolina in August 2024, accusing property management software company RealPage of enabling landlords to collude by sharing pricing information through the company’s software, which then recommends rent prices.

    The DOJ alleged the landlords exchanged competitively sensitive information on rents, occupancy rates, and pricing strategies through phone calls, emails, and user groups hosted by RealPage.

    The landlords—Cortland Management, Greystar Real Estate Partners, Blackstone’s LivCor, Camden Property Trust, Cushman’s Pinnacle Property Management Services, and Willow Bridge Property—were named as defendants in the amended complaint.

    The landlords collectively operate more than 1.3 million rental units across 43 states and the District of Columbia, according to the DOJ.

    “Today’s action against RealPage and six major landlords seeks to end their practice of putting profits over people and make housing more affordable for millions of people across the country,” Acting Assistant Attorney General Doha Mekki of the DOJ’s Antitrust Division stated.

    The co-plaintiffs in the amended complaint include the attorneys general of Illinois, Massachusetts, California, Colorado, Connecticut, Minnesota, North Carolina, Oregon, Tennessee, and Washington.

    “I don’t have to tell anyone, rent is completely unaffordable and out of control right now,” Connecticut Attorney General William Tong said in a Jan. 7 statement.

    “We are alleging today that some of the nation’s largest landlords—including three operating in Connecticut—rigged the market using unfair algorithmic pricing to suppress competition and jack up costs for millions of renters.”

    The DOJ stated that Cortland, which manages more than 80,000 rental units across 13 states, had agreed to cooperate with the department and enter into a proposed settlement.

    In an emailed statement to The Epoch Times, a Cortland spokesperson said the proposed settlement will be filed with the court for approval.

    “We believe we were only able to achieve this result because Cortland has invested years and significant internal resources into developing a proprietary revenue management software tool that does not rely on data from external, non-public sources,” the spokesperson stated.

    Greystar has denied the allegations and stated that it intends to “vigorously defend” itself in the DOJ lawsuit.

    “Greystar has and will conduct its business with the utmost integrity. At no time did Greystar engage in any anti-competitive practices,” the company said in a statement.

    Camden said it disagrees with the DOJ’s claims and plans to seek dismissal of the lawsuit. The company argued that the allegations stemmed from actions taken during the COVID-19 pandemic.

    “This was a time when Camden made the decision not to increase renewal rates, to waive late fees, to freeze evictions, and to take the unprecedented step of providing over $10 million in cash directly to our residents to assist them during that uncertain period, no strings attached,” the company said in a statement.

    “Rental rates are a result of many factors, most importantly government regulations limiting housing supply. When supply is limited by government regulations, rents go up.”

    RealPage issued a statement on Dec. 6 saying that the DOJ has closed its criminal probe into pricing practices in the multifamily rental housing sector.

    The company said the remaining lawsuits filed against it were “based on misinformation and baseless allegations.”

    The three remaining landlords did not respond to a request for comment by publication time.

    Tyler Durden
    Wed, 01/08/2025 – 20:30

  • Senate Democrats Attempt To Delay Tulsi Gabbard Confirmation Hearings
    Senate Democrats Attempt To Delay Tulsi Gabbard Confirmation Hearings

    Authored by Eric Lendrum via American Greatness,

    Just days after the new members of the United States Senate were sworn into office, Democrats in the upper chamber have already taken steps to delay the confirmation hearings of one major nominee for President-elect Donald Trump’s second Cabinet.

    As reported by Axios, Senator Mark Warner (D-Va.), who serves as the vice chair of the Senate Intelligence Committee, is delaying Republican efforts to hold confirmation hearings as early as next week for former Congresswoman Tulsi Gabbard (R-Hawaii), President-elect Trump’s nominee for Director of National Intelligence (DNI).

    Warner’s excuse for the delay is that the committee has allegedly not yet received certain materials from Gabbard, including her FBI background check, ethics disclosure, and her pre-hearing questionnaire.

    The background check, as per committee rules, must be submitted at least one week before the hearing is to take place.

    However, Gabbard had in fact completed her background check last week.

    Furthermore, her confirmation could be much smoother than most due to her already possessing a security clearance. She also already submitted her pre-hearing questionnaire, but will submit a second one by Thursday due to Warner’s demands.

    As for the ethics report, logistical issues have prevented the timely delivery of such information due to the Washington D.C. area being struck by a heavy snowstorm on Monday, which has caused similar delays for other nominees.

    Despite Warner’s efforts to block the hearing, Intelligence Committee Chairman Tom Cotton (R-Ark.) reaffirmed that the Senate “intends to hold these hearings before Inauguration Day,” according to a spokesman.

    “The Intelligence Committee, the nominees, and the transition are diligently working toward that goal.”

    “After the terrorist attacks on New Year’s Eve and New Years Day, it’s sad to see Sen. Warner and Democrats playing politics with Americans’ safety and our national security,” said Alexa Henning, a spokeswoman for the Trump-Vance transition.

    Gabbard has generally been considered one of President-elect Trump’s most controversial nominees.

    Originally a Democrat who rose to the rank of vice chair of the Democratic National Committee (DNC), Gabbard came to be at odds with her own party over its deliberate suppression of the presidential campaigns of Senator Bernie Sanders (I-Vt.) in 2016 and 2020.

    She left the House to run for President herself in 2020, then left the Democratic Party and switched to Independent.

    She became a vocal supporter of President Trump’s comeback bid in 2024, and switched her party affiliation to Republican shortly after his victory in November.

    Tyler Durden
    Wed, 01/08/2025 – 20:05

  • Telegram's Transparency Turnaround: Major Increase In Cooperation With U.S. Law Enforcement After CEO Arrest
    Telegram’s Transparency Turnaround: Major Increase In Cooperation With U.S. Law Enforcement After CEO Arrest

    Following the August arrest of Telegram CEO Pavel Durov, the popular social network and messaging application known for its stringent privacy policies has sharply increased its cooperation with U.S. authorities. The platform provided data on more than 2,200 users in 2024, a stark increase from previous years, according to details from Telegram’s own Transparency Reports bot reported by 404 Media.

    For most of 2024, Telegram’s data-sharing with U.S. law enforcement was minimal, fulfilling only 14 requests which impacted 108 users by the end of September. However, the final quarter of the year saw an exponential increase – from 108 affected users to 2,253.

    Between January 1 and September 30, 2024, Telegram fulfilled 14 requests “for IP addresses and/or phone numbers” from the United States, which affected a total of 108 users, according to Telegram’s Transparency Reports bot. But for the entire year of 2024, it fulfilled 900 requests from the U.S. affecting a total of 2,253 users, meaning that the number of fulfilled requests skyrocketed between October and December, according to the newly released data.

    “Fulfilled requests from the United States of America for IP address and/or phone number: 900,” reads the company’s Transparency Reports bot when prompted by 404 Media.

    “Affected users: 2253” it added.

    Image: Screenshot of the transparency bot via 404 Media

    This surge in data provision coincides with Durov’s arrest and subsequent changes to Telegram’s privacy policy.

    In September, shortly after Durov’s arrest, Telegram revised its privacy guidelines, now stating it would provide user data, including IP addresses and phone numbers, to law enforcement upon receiving valid legal orders. Prior to this, the company had maintained a policy of only sharing data for terrorism-related investigations, asserting that it had never actually shared any user information under those circumstances.

    The implications of Telegram’s revised stance on privacy are far-reaching.

    Telegram is especially popular with hackers, scammers, violent criminals, child abusers, and others not necessarily because of its message security (messages on Telegram are not end-to-end encrypted by default, and in 404 Media’s experience criminals rarely use the feature). Instead, it is the app’s social network-like features that allow for massive channels and group chats where many hundreds or thousands of people can discover and communicate with one another easily, and the (until recently) correct perception that Telegram was unlikely to hand over user data to the authorities even when asked to do so. -404 Media

    The increase in data sharing with U.S. authorities does not just mark a policy shift; it’s a pivotal moment in Telegram’s history – balancing the scales between user privacy and legal compliance. As the platform moves forward, user trust now hangs in balance.

    The company is set to release its next round of transparency data in April.

    Tyler Durden
    Wed, 01/08/2025 – 19:40

  • With Trudeau On His Way Out, Can Canadians Get Their Free Speech Back?
    With Trudeau On His Way Out, Can Canadians Get Their Free Speech Back?

    Authored by Jonathan Turley,

    With Justin Trudeau’s announcement that he will step down as prime minister, Canada is now looking for a new leader after a decade under his policies. The question is whether anyone will look for the remnants of Canadian free speech in the wreckage of the Trudeau government.

    In my book “The Indispensable Right: Free Speech in an Age of Rage,” I write about the collapse of free speech in Canada under Trudeau.

    Canada has long been a country caught between two influences: the United Kingdom and the United States.

    It has shared DNA with both nations. Unfortunately, it has largely followed the British approach in treating free speech more like a privilege than a right.

    That dubious tradition was magnified over the last decade by a wholesale attack on free speech deemed hostile, insulting or triggering for different groups.

    In many ways, Canada has been a cautionary tale for many in the U.S., as the same voices of censorship and criminalization grow on our campuses and in Congress.

    Indeed, BlueSky, a social media site that offers a safe space for liberals who do not want to be triggered by opposing views, has apparently embraced Canadian-style standards for censorship as part of its pitch for those with viewpoint intolerance.

    For over a decade, Trudeau has been the cheerful face of modern censorship. While exuding tolerance and inclusivity, he hammered critics with draconian measures and perfectly Orwellian soundbites. In the name of tolerance, he proudly proclaimed intolerance for opposing views.

    Trudeau shows how speech codes and virtue signaling are now chic on the left.

    In a town hall event, Trudeau chastised a woman for asking a question that used the term “mankind” and instructed her, “We like to say ‘peoplekind’ … because it’s more inclusive.”

    (He later claimed he was joking. If so, many of his policies have the same punchline and are no joking matter.)

    In many ways, Trudeau’s true colors emerged in his crackdown on the trucker protests opposing COVID-19 mandates in 2022, a campaign widely supported by an enabling media. Trudeau invoked the 1988 Emergencies Act for the first time to freeze bank accounts of truckers and contributions by other Canadian citizens, powers long condemned by civil liberties groups in Canada.

    The anti-free speech apple did not fall far from the tree. It was Trudeau’s father, Pierre Trudeau, who as prime minister used the predecessor to the act for the first time in peacetime to suspend civil liberties.

    Trudeau was widely criticized for his anti-free speech policies, including his move to amend the Criminal Code and the Canadian Human Rights Act to criminalize any “communication that expresses detestation or vilification of an individual or group of individuals on the basis of a prohibited ground of discrimination.”

    It was used to prevent “social media platforms [from being] used to threaten, intimidate, bully and harass people, or used to promote racist, anti-Semitic, Islamophobic, misogynistic and homophobic views that target communities, put people’s safety at risk and undermine Canada’s social cohesion or democracy.”

    Under Trudeau, human rights commissions became virtual speech commissars in Canada. A conservative webmaster was prosecuted for allowing third parties to leave insulting comments about gay people and minorities on the site. Federal Court Justice Richard Mosley insisted that “the minimal harm caused … to freedom of expression is far outweighed by the benefit it provides to vulnerable groups and to the promotion of equality.” Even a comedian was prosecuted for insulting jokes involving lesbians.

    Recently, a Canadian mayor and a town were prosecuted for not hoisting an “LGBTQ2 rainbow flag” in celebration of Pride Month — even though they did not have a flag pole.

    Despite crushing the trucker protests, the Canadian parliament extended Trudeau’s emergency powers to allow him to continue to harass and threaten those on the right. Despite broad opposition, the Liberal Party, the NDP and other allies were able to muster 181 votes to keep authoritarian powers alive in Canada. (The Canadian courts later, belatedly, declared the Trudeau powers unconstitutional).

    Many of the same legislators would later push to increase the penalties for certain speech crimes to life imprisonment.

    One of the most tragically ironic moments for Canada came last year, when Trudeau’s government blocked the citizenship of Russian dissident Maria Kartasheva because she has a conviction in Russia. She had been tried in absentia by a judge sanctioned by Canada for her exercise of free speech in Russia in condemning the Ukrainian war. The Canadian government informed Kartasheva that her conviction in Russia aligns with a Criminal Code offense relating to false information in Canada.

    Think about that. Canada was concerned because she violated anti-free speech laws that are similar to its own. The Russians convicted her of disseminating “deliberately false information,” and Canada convicts people under laws like Section 372(1) of the Criminal Code of Canada for efforts “to convey, cause, or procure to be conveyed false information with the intent to alarm or injure anyone.”

    That is why some of us spit out our soup in 2022 when Trudeau’s government condemned Cuba for its own crackdown on protesters, claiming that “Canada strongly advocates for freedom of expression and the right to peaceful assembly free from intimidation.” Trudeau also condemned China for cracking down on protests over COVID-19, the very subject of his own crackdown on the truckers.

    Yet Trudeau has been a darling of the Canadian and American press despite a disapproval rate of around 68 percent among Canadian citizens. The media clearly approves of his position that “freedom of expression is not without limits” when others seek “to arbitrarily or unnecessarily injure those with whom we are sharing a society and a planet.”

    So the question is: Now that Trudeau is heading out, where do Canadians go to get their free speech back?

    *  *  *

    Jonathan Turley is the Shapiro professor of public interest law at George Washington University and the author of “The Indispensable Right: Free Speech in an Age of Rage.”

    Tyler Durden
    Wed, 01/08/2025 – 19:15

  • "Unprecedented Fires" Scorch 3,000 Acres In Los Angeles Area, Forcing 49,000 To Evacuate
    “Unprecedented Fires” Scorch 3,000 Acres In Los Angeles Area, Forcing 49,000 To Evacuate

    Watch Live:

    LA Fire Summary:

    • Fast-moving, wind-driven fires are sweeping through the Los Angeles area, forcing mandatory evacuations for over 49,000 residents. The fires remain 0% contained.

    • The Palisades Fire (caused unknown) has burned nearly 15,000 acres, while the Eaton Fire has scorched 10,600 acres. 

    • AccuWeather Estimates $52 billion to $57 billion in preliminary damage and economic losses

    • Gov. Gavin Newsom deployed 1,400 firefighters & declared a state of emergency.

    • Nearly 300,000 residential and/or commercial customers are without power in the LA region.

    • NWS: Worst fire conditions (high winds) will peak Wednesday morning. 

    • Malibu residents warned about potential evacuation.

    • Fires ZERO PERCENT CONTAINED 

    Evacuation Map (via NYT):

    Fire Map (NASA VIIRS image overlaid LA via X user loosenedspirit): 

    *  *  * 

    Update (1915ET):

    “The Palisades Fire, which has quintupled in size since this morning, has now prompted evacuations in the City of Santa Monica,” meteorologist Matthew Cappucci wrote on X.

    Evacuations are expanding.

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    Fire is zero contained. 

    *  *  * 

    Update (1830ET):

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    Just awful. 

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    *  *  * 

    Update (1545ET):

    Via Bloomberg Top Live Desk: 

    “In California, nearly 500,000 people have turned to the state’s insurer of last resort, the FAIR Plan, which has doubled in size over the past five years. The state is now exposed to nearly $458 billion in potential damage, Mark Gongloff writes for Bloomberg Opinion. The neighborhoods in the path of the Palisades and other fires burning this week have been among some of the hardest-hit by insurer defections in recent years.”

    Via Bloomberg’s Brian Sullivan: 

    “The Los Angeles region has a high risk of exposure to wildfires: More than 460,000 homes with a reconstruction value of $300 billion in LA and the Riverside region have a moderate to very high risk of exposure, according to CoreLogic, a property analytics firm.

    “CoreLogic noted that not all the homes deemed at risk are directly exposed to the current fires.”

    Via AccuWeather:

    Estimates $52 billion to $57 billion in preliminary damage and economic loss has occurred from the raging Los Angeles area wildfires.

    *  *  * 

    Update (1534ET):

    President-elect Donald Trump on Truth Social: 

    The fires in Los Angeles may go down, in dollar amount, as the worst in the History of our Country. In many circles, they’re doubting whether insurance companies will even have enough money to pay for this catastrophe. Let this serve, and be emblematic, of the gross incompetence and mismanagement of the Biden/Newscum Duo. January 20th cannot come fast enough!”

    Meanwhile… 

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    Clown. 

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    It is time for Californians to usher in an era of accountability after radical leftist politicians and officials have left the state in chaos.

    *  *  * 

    Update (1115ET):

    LA County Fire Chief Anthony Marrone told reporters, “We have well over 5,000 acres that have burned and the fire is growing. We have no percentage of containment. We have an estimated 1,000 structures destroyed.”

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    Trump was right…

    There’s nothing like waking up to a fire apocalypse that morning…

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    *  *  * 

    Update (0700ET):

    The Palisades, Eaton, and Hurst wildfires raging in Southern California show no signs of abating.

    The Los Angeles County Fire Department reported on X that nearly 3,000 acres—roughly 4.5 square miles—are ablaze, and the fire is 0% contained as of early Wednesday morning.

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    According to PowerOutage.US, nearly 300,000 customers across the area are without power.

    California Gov. Gavin Newsom wrote on X that 1,400 firefighters have been delayed in the area to “combat these unprecedented fires.”

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    “Emergency officials, firefighters, and first responders are all hands on deck through the night to do everything possible to protect lives,” Newsom said.

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    Malibu City authorities have urged residents to leave immediately. 

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    Los Angeles Mayor Karen Bass is nowhere to be found because she is attending the inauguration of Ghanaian President John Dramani Mahama in Accra, Ghana.

    But-but-but global warming… 

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    Scenes of the inferno:

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    Evil global warming? 

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    Or the homeless starting fires?

    *   *   * 

    A brush fire that has spread to over 1,200 acres in Los Angeles amid a massive wind storm has prompted a mass evacuation in the upscale Pacific Palisades area on Tuesday.

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    “Evacuate now from the area of Palisades…” officials warned on X. “Those not in the evacuation area should shelter in place.”

    The Palisades – home to numerous A-list celebrities, has roughly 9,400 homes and 27,000 residents. After the fire broke out, smoke plumes spread quickly toward structures and homes – including a large area of Topanga Canyon, tucked-away community with a single road in and out.

     

     

    Meanwhile, the South Coast Air Quality Management District on Tuesday issued an air quality alert for the Santa Monica Mountains “due to increased fine particle pollution from wildfire smoke,” which has now traveled as far east as Diamond Bar, located around 30 miles from downtown LA.

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    Officials shut down all traffic on the Pacific Coast Highway at Topanga Canyon Boulevard – causing (greater than usual) traffic jams that could be seen all over.

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    Via fire.ca.gov

    Actor James Woods has posted several videos to X showing the fire raging near his house.

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    People are abandoning their cars in the street…

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    Developing…

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    Tyler Durden
    Wed, 01/08/2025 – 19:15

  • Maduro Says Americans & Ukrainians Among Group Of 'Mercenaries' Detained
    Maduro Says Americans & Ukrainians Among Group Of ‘Mercenaries’ Detained

    This kind of bizarre headline seems to only keep coming out of Venezuela: President Nicolás Maduro says that US nationals are among a group of ‘mercenaries’ detained by authorities.

    Maduro claimed in a Tuesday announcement that seven foreign mercenaries, including Ukrainians and Americans, were caught in the act of plotting to attack and destabilize the country’s leadership. “Just today we’ve captured seven foreign mercenaries, including two important mercenaries from the United States,” he said.

    He described that the group also included two Colombian hitmen captured “in different places” as well as “three mercenaries who came from Ukraine, from the war in Ukraine, to bring violence to the country.”

    Via AFP

    The two Americans were characterized as “very high level” and “important” mercenaries; however, no further details of the identities of the detained have been released.

    Maduro claimed the group had planned “to carry out attacks on the leaders of the revolution” – in reference to Bolivarian socialism popularized which goes back to his mentor and prior leader Hugo Chavez.

    It’s possible the group is being subject to severe interrogation, or even torture: “I am sure that in the next few hours, they will confess,” Maduro additionally stated.

    Key context for all this is the Biden administration recognizing and welcoming into the US a new Venezuelan ‘interim president’:

    The announcement of the detention of the foreign nationals comes just hours after US President Joe Biden welcomed exiled Venezuelan opposition candidate Edmundo Gonzalez Urrutia to the United States.

    Biden expressed his support for a “peaceful transfer back to democratic rule” in Venezuela and cautioned against further repression.

    The US and other neighboring countries believe Gonzalez Urrutia won a July presidential election by a landslide and that official results were fudged.

    The opposition is in the meantime calling for “millions” of Venezuelans to protest Maduro’s Friday inauguration to a third six-year term, which the US says was based on a rigged election.

    But as the AP points out, opposition leadership has been in shambles: “Whether people will protest against Maduro on Friday remains to be seen since the government’s post-election repression campaign, including the arrests of more than 2,000 people, has had a chilling effect. And even if opposition supporters decide to demonstrate, it is unclear who would lead them,” it writes.

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    The timing is also interesting given that in less that two weeks, Maduro’s archnemesis Donald Trump returns to the White House. Maduro has already accused Trump of seeking to orchestrate regime change in his country in order to take the oil.

    Tyler Durden
    Wed, 01/08/2025 – 18:50

  • They Really Do Want To Reduce The Population…
    They Really Do Want To Reduce The Population…

    Authored by Michael Snyder via The End Of The American Dream blog,

    There is a clear consensus among the global elite that overpopulation is the primary cause of the most important problems that our world is facing today.

    Many of them are completely convinced that humans are literally a “plague” upon the Earth and that extreme measures are required to prevent us from destroying the entire planet.  

    To the elite, everything from global warming to our growing economic problems can be directly traced back to a lack of population control.  They warn that if nothing is done about our exploding population, humanity will be facing a future full of poverty, war and suffering on a filthy, desolate planet.  They complain that it “costs too much” to keep elderly patients that are terminally ill alive, and they eagerly promote “family planning” in developing nations as a way to combat population growth.  Of course just about anything that reduces the human population in any way is a positive thing for those that believe in this philosophy.  This very twisted philosophy is being promoted in our movies, in our television shows, in our music, in countless books, on many of our most prominent websites, and it is being taught at top colleges and universities all over the world.  The people that are promoting this philosophy have very, very deep pockets, and they are actually convinced that they are helping to “save the world” by controlling the growth of the human population. 

    In fact, many of them truly believe that they are engaged in a “life or death” struggle for the fate of the planet.

    The population of the world is currently sitting just above 8 billion, and the UN expects it to peak at 10.3 billion later this century…

    The world’s population is expected to grow by more than 2 billion people in the next decades and peak in the 2080s at around 10.3 billion, a major shift from a decade ago, a new report by the United Nations said Thursday.

    From the time of Charles Darwin all the way to today, we have been relentlessly warned about what would happen if something was not done to reduce population growth.

    Of course the dire consequences that we were warned about have never actually come to fruition.

    But that hasn’t stopped the elite from continuing to issue even more warnings.

    The following are 47 shocking population control quotes from the global elite that will make you want to lose your lunch…

    1. Charles Darwin: “At some future period, not very distant as measured by centuries, the civilised races of man will almost certainly exterminate and replace throughout the world the savage races. At the same time the anthropomorphous apes, as Professor Schaaffhausen has remarked, will no doubt be exterminated. The break will then be rendered wider, for it will intervene between man in a more civilised state as we may hope, than the Caucasian and some ape as low as a baboon, instead of as at present between the negro or Australian and the gorilla.”

    2. Bill Gates: “The problem is that the population is growing the fastest where people are less able to deal with it. So it’s in the very poorest places that you’re going to have a tripling in population by 2050. (…) And we’ve got to make sure that we help out with the tools now so that they don’t have an impossible situation later.”

    3. John D. Rockefeller: “The population problem must be recognized by government as a principal element in long-range planning.”

    4. David Rockefeller: “The negative impact of population growth on all of our planetary ecosystems is becoming appallingly evident.”

    5. Planned Parenthood Founder Margaret Sanger: “All of our problems are the result of overbreeding among the working class”

    6. CNN Founder Ted Turner: “A total population of 250-300 million people, a 95% decline from present levels, would be ideal.”

    7. HBO personality Bill Maher: “I’m pro-choice, I’m for assisted suicide, I’m for regular suicide, I’m for whatever gets the freeway moving—that’s what I’m for. . . . It’s too crowded, the planet is too crowded and we need to promote death.”

    8. UK Television Presenter Sir David Attenborough: “We are a plague on the Earth. It’s coming home to roost over the next 50 years or so. It’s not just climate change; it’s sheer space, places to grow food for this enormous horde. Either we limit our population growth or the natural world will do it for us, and the natural world is doing it for us right now”

    9. Former UK Prime Minister Boris Johnson: “The primary challenge facing our species is the reproduction of our species itself…It is time we had a grown-up discussion about the optimum quantity of human beings in this country and on this planet…All the evidence shows that we can help reduce population growth, and world poverty, by promoting literacy and female emancipation and access to birth control.”

    10. Dave Foreman, Earth First Co-Founder: “My three main goals would be to reduce human population to about 100 million worldwide, destroy the industrial infrastructure and see wilderness, with it’s full complement of species, returning throughout the world.”

    11. Paul Ehrlich, a former  science adviser to president George W. Bush and the author of “The Population Bomb”: “Solving the population problem is not going to solve the problems of racism… of sexism… of religious intolerance… of war… of gross economic inequality. But if you don’t solve the population problem, you’re not going to solve any of those problems. Whatever problem you’re interested in, you’re not going to solve it unless you also solve the population problem.”

    12. Richard Branson: “The truth is this: the Earth cannot provide enough food and fresh water for 10 billion people, never mind homes, never mind roads, hospitals and schools.”

    13. Environmental activist Roger Martin: “On a finite planet, the optimum population providing the best quality of life for all, is clearly much smaller than the maximum, permitting bare survival. The more we are, the less for each; fewer people mean better lives.”

    14. Al Gore: “One of the things we could do about it is to change the technologies, to put out less of this pollution, to stabilize the population, and one of the principal ways of doing that is to empower and educate girls and women. You have to have ubiquitous availability of fertility management so women can choose how many children to have, the spacing of the children… You have to educate girls and empower women. And that’s the most powerful leveraging factor, and when that happens, then the population begins to stabilize and societies begin to make better choices and more balanced choices.”

    15. MIT professor Penny Chisholm: “The real trick is, in terms of trying to level off at someplace lower than that 9 billion, is to get the birthrates in the developing countries to drop as fast as we can. And that will determine the level at which humans will level off on earth.”

    16. Julia Whitty, a columnist for Mother Jones: “The only known solution to ecological overshoot is to decelerate our population growth faster than it’s decelerating now and eventually reverse it—at the same time we slow and eventually reverse the rate at which we consume the planet’s resources. Success in these twin endeavors will crack our most pressing global issues: climate change, food scarcity, water supplies, immigration, health care, biodiversity loss, even war. On one front, we’ve already made unprecedented strides, reducing global fertility from an average 4.92 children per woman in 1950 to 2.56 today—an accomplishment of trial and sometimes brutally coercive error, but also a result of one woman at a time making her individual choices. The speed of this childbearing revolution, swimming hard against biological programming, rates as perhaps our greatest collective feat to date.”

    17. Colorado State University Professor Philip Cafaro in a paper entitled “Climate Ethics and Population Policy”: “Ending human population growth is almost certainly a necessary (but not sufficient) condition for preventing catastrophic global climate change. Indeed, significantly reducing current human numbers may be necessary in order to do so.”

    18. Professor of Biology at the University of Texas at Austin Eric R. Pianka: “I have two grandchildren and I want them to inherit a stable Earth. But I fear for them. Humans have overpopulated the Earth and in the process have created an ideal nutritional substrate on which bacteria and viruses (microbes) will grow and prosper. We are behaving like bacteria growing on an agar plate, flourishing until natural limits are reached or until another microbe colonizes and takes over, using them as their resource. In addition to our extremely high population density, we are social and mobile, exactly the conditions that favor growth and spread of pathogenic (disease-causing) microbes. I believe it is only a matter of time until microbes once again assert control over our population, since we are unwilling to control it ourselves. This idea has been espoused by ecologists for at least four decades and is nothing new. People just don’t want to hear it.”

    19. Kofi Annan, UN Secretary-General from 1997-2006: “The idea that population growth guarantees a better life — financially or otherwise — is a myth that only those who sell nappies, prams and the like have any right to believe.”

    20. Thoraya Ahmed Obaid, UN Under-Secretary-General from 2000-2010: “We cannot confront the massive challenges of poverty, hunger, disease and environmental destruction unless we address issues of population and reproductive health.”

    21. Bill Nye: “In 1750, there were about a billion humans in the world. Now, there are well over seven billion people in the world. It more than doubled in my lifetime. So all these people trying to live the way we live in the developed world is filling the atmosphere with a great deal more carbon dioxide and other greenhouse gases than existed a couple of centuries ago. It’s the speed at which it is changing that is going to be troublesome for so many large populations of humans around the world.”

    22. Actress Cameron Diaz: “I think women are afraid to say that they don’t want children because they’re going to get shunned. But I think that’s changing too now. I have more girlfriends who don’t have kids than those that do. And, honestly? We don’t need any more kids. We have plenty of people on this planet.”

    23. Democrat strategist Steven Rattner: “WE need death panels. Well, maybe not death panels, exactly, but unless we start allocating health care resources more prudently — rationing, by its proper name — the exploding cost of Medicare will swamp the federal budget.”

    24. Matthew Yglesias, a business and economics correspondent for Slate, in an article entitled “The Case for Death Panels, in One Chart”: “But not only is this health care spending on the elderly the key issue in the federal budget, our disproportionate allocation of health care dollars to old people surely accounts for the remarkable lack of apparent cost effectiveness of the American health care system. When the patient is already over 80, the simple fact of the matter is that no amount of treatment is going to work miracles in terms of life expectancy or quality of life.”

    25. Stephen Hawking: “In the last 200 years the population of our planet has grown exponentially, at a rate of 1.9 per cent per year. If it continued at this rate, with the population doubling every 40 years, by 2600 we would all be standing literally shoulder to shoulder.”

    26. Gloria Steinem: “Everybody with a womb doesn’t have to have a child any more than everybody with vocal chords has to be an opera singer.”

    27. Jane Goodall: “It’s our population growth that underlies just about every single one of the problems that we’ve inflicted on the planet. If there were just a few of us, then the nasty things we do wouldn’t really matter and Mother Nature would take care of it — but there are so many of us.”

    28. U.S. Supreme Court Justice Ruth Bader Ginsburg: “Frankly I had thought that at the time Roe was decided, there was concern about population growth and particularly growth in populations that we don’t want to have too many of.”

    29. Planned Parenthood Founder Margaret Sanger: “The most merciful thing that the large family does to one of its infant members is to kill it.”

    30. Salon columnist Mary Elizabeth Williams in an article entitled “So What If Abortion Ends Life?”: “All life is not equal. That’s a difficult thing for liberals like me to talk about, lest we wind up looking like death-panel-loving, kill-your-grandma-and-your-precious-baby storm troopers. Yet a fetus can be a human life without having the same rights as the woman in whose body it resides.”

    31. Paul Ehrlich: “Basically, then, there are only two kinds of solutions to the population problem. One is a ‘birth rate solution,’ in which we find ways to lower the birth rate. The other is a ‘death rate solution,’ in which ways to raise the death rate — war, famine, pestilence — find us.”

    32. Alberto Giubilini of Monash University in Melbourne, Australia and Francesca Minerva of the University of Melbourne in a paper published in the Journal of Medical Ethics: “[W]hen circumstances occur after birth such that they would have justified abortion, what we call after-birth abortion should be permissible. … [W]e propose to call this practice ‘after-birth abortion’, rather than ‘infanticide,’ to emphasize that the moral status of the individual killed is comparable with that of a fetus … rather than to that of a child. Therefore, we claim that killing a newborn could be ethically permissible in all the circumstances where abortion would be. Such circumstances include cases where the newborn has the potential to have an (at least) acceptable life, but the well-being of the family is at risk.”

    33. Nina Fedoroff, a key adviser to Hillary Clinton: “We need to continue to decrease the growth rate of the global population; the planet can’t support many more people.”

    34. Barack Obama’s primary  science adviser, John Holdren: “A program of sterilizing women after their second or third child, despite the relatively greater difficulty of the operation than vasectomy, might be easier to implement than trying to sterilize men.”

    35. Another quote from John Holdren: “If population control measures are not initiated immediately and effectively, all the technology man can bring to bear will not fend off the misery to come.”

    36. David Brower, the first Executive Director of the Sierra Club: “Childbearing [should be] a punishable crime against society, unless the parents hold a government license … All potential parents [should be] required to use contraceptive chemicals, the government issuing antidotes to citizens chosen for childbearing.”

    37. Maurice Strong: “Either we reduce the world’s population voluntarily or nature will do this for us, but brutally.”

    38. Thomas Ferguson, former official in the U.S. State Department Office of Population Affairs: “There is a single theme behind all our work–we must reduce population levels. Either governments do it our way, through nice clean methods, or they will get the kinds of mess that we have in El Salvador, or in Iran or in Beirut. Population is a political problem. Once population is out of control, it requires authoritarian government, even fascism, to reduce it…”

    39. Mikhail Gorbachev: “We must speak more clearly about sexuality, contraception, about abortion, about values that control population, because the ecological crisis, in short, is the population crisis. Cut the population by 90% and there aren’t enough people left to do a great deal of ecological damage.”

    40. Jacques Costeau: “In order to stabilize world population, we must eliminate 350,000 people per day. It is a horrible thing to say, but it is just as bad not to say it.”

    41. Finnish environmentalist Pentti Linkola: “If there were a button I could press, I would sacrifice myself without hesitating if it meant millions of people would die”

    42. Author Dan Brown: “Overpopulation is an issue so profound that all of us need to ask what should be done.”

    43. Prince Phillip, husband of Queen Elizabeth II and co-founder of the World Wildlife Fund: “In the event that I am reincarnated, I would like to return as a deadly virus, in order to contribute something to solve overpopulation.”

    44. Ashley Judd: “It’s unconscionable to breed, with the number of children who are starving to death in impoverished countries.”

    45. John Guillebaud, professor of family planning at University College London: “The effect on the planet of having one child less is an order of magnitude greater than all these other things we might do, such as switching off lights. An extra child is the equivalent of a lot of flights across the planet.”

    46. Bill Gates: “The world today has 6.8 billion people. That’s headed up to about nine billion. Now, if we do a really great job on new vaccines, health care, reproductive health services, we could lower that by, perhaps, 10 or 15 percent.”

    47. Charles Darwin: “With savages, the weak in body or mind are soon eliminated; and those that survive commonly exhibit a vigorous state of health. We civilised men, on the other hand, do our utmost to check the process of elimination; we build asylums for the imbecile, the maimed, and the sick; we institute poor-laws; and our medical men exert their utmost skill to save the life of every one to the last moment. There is reason to believe that vaccination has preserved thousands, who from a weak constitution would formerly have succumbed to small-pox. Thus the weak members of civilised societies propagate their kind. No one who has attended to the breeding of domestic animals will doubt that this must be highly injurious to the race of man. It is surprising how soon a want of care, or care wrongly directed, leads to the degeneration of a domestic race; but excepting in the case of man himself, hardly any one is so ignorant as to allow his worst animals to breed.”

    *  *  *

    Michael’s new book entitled “Why” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.

    Tyler Durden
    Wed, 01/08/2025 – 18:25

  • Ukraine Says Ready To Replace 'Putin-Friendly' Hungary In EU & NATO
    Ukraine Says Ready To Replace ‘Putin-Friendly’ Hungary In EU & NATO

    The long-running war of words and denunciations exchanged between Kiev and Budapest has shown no signs of abating. This week Ukraine is now saying it can replace Hungary in the European Union and NATO if Viktor Orbán keeps cozying up to Putin.

    The bombastic statement was issued by Ukraine’s Ministry of Foreign Affairs of Ukraine on Wednesday, and was also made available on X. The statement was formulated in response to the “latest manipulative statements from the leadership of Hungary regarding Ukraine’s decision not to extend the transit agreement with the aggressor state, Russia, from 2025 onwards.”

    Via Shutterstock

    Ukraine said it “would be ready to fill any vacant space in the EU and NATO if Hungary chooses to vacate it” in favor of its membership in the Commonwealth of Independent States (CIS), or the Collective Security Treaty Organization (CSTO).

    Formed in 2002, the CSTO has of late been overseen by Putin and originally consists of the six post-Soviet states of Russia, Belarus,  Armenia, Kazakhstan, Kyrgyzstan, and Tajikistan.

    “If Hungary genuinely wishes to contribute to ending the war, it should start by not undermining unity within the EU and instead work to strengthen the energy security and independence of its own country and citizens alongside the rest of Europe and the United States,” the statement said further.

    Prime Minister Orbán has made himself known as a constant vocal critic of Ukraine ever gaining access to NATO membership. He has further demanded more serious diplomatic efforts to negotiate an end to the war, standing with Slovakia’s Fico in this regard.

    All of this also comes amid the backdrop of the gas row triggered by Ukraine’s refusal to renew a 5-year transit deal with Moscow. Orban’s government has blamed Kiev for a some 20% rise in natrual gas prices on the European market.

    Slovakia and Austria in addition to Hungary remain heavily reliant on Russian gas purchased through Gazprombank, despite its being under US and European-led sanctions.

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    Hungarian Foreign Minister Péter Szijjártó has charged Ukraine with intentionally putting Europe in an economic bind by not renewing the gas transit deal with Russia.

    Tyler Durden
    Wed, 01/08/2025 – 18:00

  • Conspiracy Fact? Higher Fluoride Levels Linked To Lower IQ Scores In Children, New Review Finds
    Conspiracy Fact? Higher Fluoride Levels Linked To Lower IQ Scores In Children, New Review Finds

    Authored by George Citroner via The Epoch Times,

    Following the August 2024 release of a U.S. government report linking higher levels of fluoride in drinking water to lower IQ in children, a new review conducted by the National Institutes of Health appears to confirm those findings.

    The new analysis, published in JAMA Pediatrics on Monday, found that fluoride exposure exceeding 1.5 milligrams per liter (mg/L) was associated with reduced intelligence among children.

    The study, conducted by the U.S. National Toxicology Program (NTP), took nine years to complete and is the largest meta-analysis to date on the health effects of fluoride.

    The studies reviewed measured fluoride levels in drinking water and in urine. The authors used urinary fluoride as a proxy for total fluoride exposure.

    74 Studies Reviewed

    Among the 74 reviewed studies, 64 found that higher levels of fluoride exposure were linked to lower IQ in children. The strength of this association is considered moderate to large.

    Thirty-one studies reviewed noticed a dose-response, such that increased fluoride levels in drinking water were linked to further decreases in children’s IQ results.

    However, the relationship between fluoride and lower IQ scores only persisted when fluoride concentrations in drinking water were above 1.5 mg/L, higher than the current fluoride drinking water standard of 0.7 mg/L.

    The 1.5 mg/L cutoff is the same concentration identified in the NTP’s August 2024 report. The report was cited over 120 times in a lawsuit that led the court to rule that the Environmental Protection Agency (EPA) must revise its current drinking water standard of 0.7 mg/L.

    When evaluating urinary fluoride, the researchers found that every increase of 1 mg/L in urinary fluoride was associated with an average decrease of between 1.14 and 1.63 IQ points.

    Fluoride can cross the blood-brain barrier and accumulate in areas of the brain responsible for cognition and memory, although its effects on the brain remain unclear.

    The study’s findings inform future risk-benefit assessments related to fluoride exposure, the authors wrote, especially highlighting the significant contributions of water and drinks made with fluoridated water, like soft drinks, fruit juice, beer, and some bottled water, to total fluoride ingestion.

    In the United States, it is estimated that approximately 40 percent to 70 percent of fluoride intake originates from fluoridated drinking water.

    The World Health Organization has established the safe upper intake level of fluoride in drinking water to be 1.5 mg/L, and the U.S. Public Health Service recommends a fluoride concentration of 0.7 mg/L of drinking water. However, “fluoride levels above 1.5 mg/L are found in wells and community water systems that serve nearly 3 million people in the United States,” Christine Bruske Flowers, director of communications at the National Institutes of Health, told The Epoch Times.

    Food & Water Watch v. EPA

    In a September 2024 federal court case in California, environmental nonprofit Food & Water Watch sued the EPA, arguing that adding fluoride to drinking water is harmful. The judge ruled in favor of Food & Water Watch, finding that the current level of fluoride in drinking water (0.7 mg/L) poses an “unreasonable risk” to children’s IQ.

    The ruling was based upon the NTP’s report, which found that fluoride concentrations close to the EPA’s current standard posed a risk to neurodevelopment.

    The EPA is now required to take action to address this risk, which could lead to significant changes in how we treat drinking water.

    Experts in Disagreement

    Despite the review’s findings, experts remain at odds about the meaning of the results.

    Studies that have suggested a link between childhood fluoride exposure and reduced IQ “have had their limitations,” Suparna Mahalaha, an assistant professor at Case Western University School of Dental Medicine who was not associated with the study, told The Epoch Times.

    In an editorial published along with the new study, Dr. Steven M. Levy, a dentist not involved in the study, pointed out that there is “no evidence” of an adverse effect at the lower fluoride levels commonly used in community water fluoridation systems.

    One example he cited in opposition to the NTP’s study was the researchers’ use of urinary fluoride as a way to measure long-term fluoride exposure, stating that such measures are invalid because “fluoride has a short half-life and there is substantial variation within days and from day to day.”

    Flowers emphasized the importance of fluoridated water and its use for decades to reduce dental cavities and improve general oral health.

    However, the increased modes of fluoride exposure can also put pregnant women and children at risk.

    Fluoride intake through food and drinks made with fluoridated water, toothpaste, and mouthwashes may increase children and pregnant women’s total fluoride exposure “and may affect fetal, infant, and child neurodevelopment,” Flowers added.

    Mahalaha noted that the concentration of fluoride in drinking water is much less than what is added to toothpaste and mouth rinses, which is why it’s essential to ensure children do not swallow these products.

    Toothpaste tubes carry warnings against ingestion because excessive fluoride intake can be harmful.

    “When applying toothpaste to a child’s toothbrush, less than a pea size amount is sufficient and safe,” she said.

    “From a public health perspective, in my opinion, high doses of ingested fluoride, and other things like sugar, processed foods, social media, and screen time all negatively affect the development of a child,” Mahalaha said.

    *  *  *

    In November, when RFK Jr. raised his concerns about fluoride’s effects, NPR was quick to attack the ‘conspiracist’…

    Despite the clear benefits, conspiracy theories around fluoride have existed for almost as long as the water has been fluorinated, according to Matthew Dallek, a political historian at the George Washington University.

    “In a way the conspiracy theory about fluoride in the drinking water is one of the original public health conspiracy theories,” he says.

    Experts were swift to condemn the promise to remove fluoride from the water.

    “Fluoride has been well tested. It clearly and definitively decreases cavities, and is not associated with any clear evidence of the chronic diseases mentioned in that tweet,” says Dr. Paul Offit, a researcher and physician at Children’s Hospital of Philadelphia.

    “Robert F. Kennedy Jr. is a science denialist. He makes up his own scientific truths and ignores the actual truths,” Offit says.

    Who’s the science-denier now Mr.Offit?

    Tyler Durden
    Wed, 01/08/2025 – 17:40

  • NVDA Dips After Biden Doubles Down On AI Chip Export Ban Ahead Of Trump
    NVDA Dips After Biden Doubles Down On AI Chip Export Ban Ahead Of Trump

    With less than two weeks to go until President Trump takes over The White House – and 24 hours after he unveiled a new $20 billion major investment from Emirati billionaire Hussain Sajwani to build new data centers across the US – the Biden administration plans one additional round of restrictions on the export of AI chips from the likes of Nvidia in a final push in his effort to keep advanced technologies out of the hands of China and Russia.

    Bloomberg reports, citing people familiar with the matter, that Biden wants to curb the sale of AI chips used in data centers on both a country and company basis, with the goal of concentrating AI development in friendly nations and getting businesses around the world to align with American standards

    The regulations, which could be issued as soon as Friday, would create three tiers of chip trade restrictions, said the people, who asked not to be identified because the discussions are private.

    • At the top level, a small number of US allies would maintain essentially unmitigated access to American chips.

    • A group of adversaries, meanwhile, would be effectively blocked from importing the semiconductors.

    • And the vast majority of the world would face limits on the total computing power that can go to one country.

    Countries in the last group would be able to bypass their national limits – and get their own, significantly higher caps – by agreeing to a set of US government security requirements and human rights standards, one of the people said.

    That type of designation – called a validated end user, or VEU – aims to create a set of trusted entities that develop and deploy AI in secure environments around the world.

    Nvidia explained its dissatisfaction at Biden’s decision in the most diplomatic manner:

    “A last-minute rule restricting exports to most of the world would be a major shift in policy that would not reduce the risk of misuse but would threaten economic growth and US leadership,” Nvidia said.

    Every data center and business is already incorporating AI through what the company calls accelerating computing, Nvidia said.

    “The worldwide interest in accelerated computing for everyday applications is a tremendous opportunity for the US to cultivate, promoting the economy and adding US jobs,” the chipmaker said.

    NVDA shares are down just over 1% in the after-market…

    …which pushes the giant tech company into ‘correction’ – down over 10% from its $3 trillion-plus peak market cap.

    Tyler Durden
    Wed, 01/08/2025 – 17:20

  • LGBT Liberals Discover Second Amendment Over Fears Of Being Thrown In 'Camps' By Trump
    LGBT Liberals Discover Second Amendment Over Fears Of Being Thrown In ‘Camps’ By Trump

    Via Headline USA,

    LGBT liberals are reportedly buying firearms over fears they’ll be rounded up and placed in “concentration camps” under the incoming Trump administration, according to the Philadelphia Inquirer.

    The new gun-toting groups, including the Liberal Gun Club, the Socialist Rifle Association, and Pink Pistols, claimed they’ve received “thousands” of firearm training requests since Trump won the 2024 election.

    “Three months before the election, that’s when the alarm bells started to ring,” a 24-year-old transgender activist told the outlet, adding that armed leftists will now be able to fight back “in the event of hate crimes or terrorist attacks.”

    The activist added minorities should also take their Second Amendment rights seriously, since “minorities that are armed are more difficult to legally oppress.”

    Left-winger Matthew Thompson said he purchased his first gun in 2016 after Trump was elected the first time, though he claimed he was inspired more by the mass shooting at the Pulse gay nightclub in Orlando, Florida. 

    “The people I’ve been seeing on the Left and the gay people who are out purchasing guns for the first time, it’s all about self-defense and fear,” he claimed. “We’re not looking to arm up and storm the [U.S. Capitol]. We just don’t want to be put in concentration camps.”

    Trump has not once suggested he is anti-LGBT.

    In fact, Trump became the first Republican nominee to mention LGBT issues during his acceptance speech at the Republican National Convention in 2016, shortly after the Pulse nightclub shooting.

    “Thank you to the LGBT community! I will fight for you,” Trump said at the time.

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    LGBT leftists aren’t the only ones with deranged fantasies about being rounded up by Trump’s fantasies. Rep. Debbie Dingell, D-Mich., also bizarrely claimed last year that she might end up a prisoner in one of Trump’s alleged “internment camps.”

    “I get worried enough when he talks about what he’s going to do to his political enemies, but he has talked about them in this with different groups of people,” she said.

    Tyler Durden
    Wed, 01/08/2025 – 17:00

  • Vital LA Firefighting Equipment Was Handed To Ukraine, Reports Show, As Americans Now Caught In Raging Inferno
    Vital LA Firefighting Equipment Was Handed To Ukraine, Reports Show, As Americans Now Caught In Raging Inferno

    As of Wednesday afternoon the fast-moving, wind-driven fires sweeping through the Los Angeles area are still zero percent contained, resulting in ongoing evacuations for 80,000+ residents.

    Hundreds of thousands of residential and commercial locations have been left without power in the LA area as the natural disaster has become so large in proportion that it has captured the nation’s attention. Many have been naturally focused on ‘thoughts and prayers’ for heroic LA and California firefighters, and their hoped-for ability to push back the raging inferno. But several local headlines from prior years make clear that area firefighters could have had more resources to draw from, if significant emergency response supplies and items weren’t sent to Zelensky

    “Los Angeles County fire crews are sending some of their extra equipment to firefighters in Ukraine,” a local March 2022 story reads. “The plane carrying that much-needed surplus equipment, such as hoses, nozzles, turnouts, helmets, body armor and other personal protective gear, is expected to take off Friday.”

    This began in the opening months of the Russian invasion, and appears to have continued at various times over the last couple years, with large expensive items like firetrucks having been shipped oversees as well.

    Putting America “Ukraine first” is the Biden bad foreign policy idea that keeps on giving… and taking away from American citizens caught in the throes of emergency and disaster

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    While supporters of such programs argue that this was all surplus and ‘retired’ and extra equipment, we are quite sure that in these current dire circumstances surrounding Los Angeles any such ‘surplus’ could have been used and is still badly needed.

    President-elect Trump himself has highlighted the ongoing shortages being experienced among emergency crews in the area…

    Meanwhile, as California burns Biden is rushing many billions more in taxpayer dollars out the door to go to Ukraine.

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    And Biden is still planning a massive final aid package for Ukraine, so that as much as possible gets into Kiev’s coffers prior to Trump being sworn in on Jan.20. How about diverting some of those billions to actual US citizens in LA?

    Tyler Durden
    Wed, 01/08/2025 – 16:40

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Today’s News 8th January 2025

  • The Second Matrix: From Propaganda To Programming
    The Second Matrix: From Propaganda To Programming

    Authored by Josh Stylman via substack,

    Beyond The First Veil

    In ‘Reading Between the Lies,’ we explored how to recognize patterns of institutional deception—the carefully crafted narratives that keep humanity trapped in a matrix of perceptions.

    Theodore Dalrymple identified how this first matrix of control operates in totalitarian regimes: “In my study of communist societies, I came to the conclusion that the purpose of communist propaganda was not to persuade or convince, not to inform, but to humiliate; and therefore, the less it corresponded to reality the better. When people are forced to remain silent when they are being told the most obvious lies, or even worse when they are forced to repeat the lies themselves, they lose once and for all their sense of probity. To assent to obvious lies is in some small way to become evil oneself. One’s standing to resist anything is thus eroded, and even destroyed. A society of emasculated liars is easy to control.”

    This principle of forced participation hasn’t disappeared – it has evolved. Today’s system doesn’t merely demand silence but active complicity in its narratives, weaponizing resistance itself as a means of influence. Watching trusted voices expose real corruption, only to redirect into managed solutions, reveals an even deeper pattern: The system doesn’t just create propaganda – it creates contained paths for those who see through propaganda. Breaking free from mainstream programming is only the first step. What follows is both subtler and just as disturbing. Untethering from institutional narratives creates an immediate vulnerability—the need for new answers, new leaders, new direction. Those who steer the first matrix wouldn’t leave the off-ramps unsupervised.

    This illuminates the deeper mechanics of the second matrix: capturing awakening through sophisticated channels of inauthentic opposition.

    The Mechanics of Controlled Opposition

    The pattern becomes clear when we examine how systemic criticism is managed: Those who expose corruption are permitted to speak, but only within careful boundaries. Take banking for instance – even those who reveal central banking’s predatory nature rarely demand abolition. The 2008 crisis pushed financial fraud into mainstream awareness through popular exposés like ‘The Big Short.’ Yet understanding bred only mistrust – no accountability, just bailouts for perpetrators and a more fragile system for everyone else. Like any sophisticated confidence game, it works in stages: first gain trust through real revelations, then build dependency through exclusive “insider” knowledge, finally redirect that trust toward constrained outcomes. Watch how alternative media platforms follow this pattern: expose genuine corruption, build devoted following, then subtly shift narrative focus away from systemic accountability. Each revelation seems to lead deeper into a labyrinth of coordinated awakening. Note: I’m deliberately avoiding naming specific targets – this analysis isn’t about creating new heroes or villains, but recognizing patterns that transcend individuals.

    What makes this model so effective is that the same institutions that transformed money from gold to paper also convert genuine resistance into managed opposition. As I wrote in ‘Fiat Everything,’ just as synthetic currency replaces real value, fiat opposition movements offer synthetic versions of independent awakening – containing just enough truth to feel real while keeping opposition within safe boundaries.

    Understanding these patterns of controlled opposition can feel overwhelming. Each revelation seems to lead to another layer of deception. It’s like discovering you’re in a maze only to realize there are mazes within mazes. Some get lost documenting every turn – debating financial system minutiae, arguing over medical protocols, dissecting geopolitical chess moves. Or in ‘conspiracy circles’ – was the virus isolated? How did the Towers really go down? What’s really on Antarctica? While these questions matter, getting stuck in endless maze-mapping misses the point entirely. Healthy debate and disagreement are natural – and even healthy – in truth-seeking movements – but when these debates consume all energy and attention, they prevent effective action toward core goals.

    The Research Journey

    For the last few years, I’ve been deeply immersed in uncovering the mechanisms of control—not as an abstract exercise, but alongside a team that includes some of my closest friends, following trails that seemed to lead to truth. The revelations have been staggering – fundamental ‘facts’ we grew up accepting have been exposed as complete fabrications. We’ve been humbled twice over – first in unlearning what we thought we knew, then in discovering our own certainties about new paths were wrong. Paths that appeared revolutionary led to sophisticated dead ends. Communities that felt authentic revealed themselves as engineered channels.

    The hardest truth isn’t just recognizing deception – it’s accepting that we might never know the full story while still needing to act on what we can verify. What began as research into specific deceptions revealed something far more profound: While devastating physical wars rage in multiple regions, a deeper conflict unfolds silently across the planet – a war for the freedom of human consciousness itself. This is what World War III looks like – not just bombs and bullets, but the systematic engineering of human perception.

    This pattern of building trust before redirection reflects a deeper system of control, operating on the ancient alchemical principle of Solve et Coagula – first dissolve (break apart), then coagulate (reform under control). The process is precise: When people begin recognizing institutional deception, natural coalitions form across traditional divides. Workers unite against central bank policies. Parents organize against pharmaceutical mandates. Communities resist corporate land grabs.

    But watch what happens next – these unified movements get systematically dissolved. Consider how quickly unified resistance fractured after October 7th, how the trucker protests dissolved into partisan narratives. Each fragment splinters further – from questioning authority to competing theories, from united action to tribal infighting.

    This isn’t random fragmentation, it’s calculated dissolution. Once broken apart, these fragments can be reformed (coagulated) into controlled dialectical channels, as people revert to prior programming about issues that supersede their unity.

    Watch how the confidence game operates in truth movements: First comes legitimate revelation – real documents, genuine whistleblowers, undeniable evidence. Trust builds through authentic insight. Then subtle redirection begins. Just as they slice society into ever-smaller fragments along political, racial, and cultural lines, they splinter truth movements into competing camps. Unity becomes division. Action becomes debate. Resistance becomes content.

    This systematic fragmentation of awakening movements reflects a deeper historical pattern – one that traces the evolution of mass perception control from crude propaganda to sophisticated biodigital manipulation.

    From Propaganda to Programming

    The first matrix shaped thoughts through direct programming. The path from Bernays to biodigital oversight follows a clear progression: first manipulate mass psychology, then digitize behavior, finally merge with biology itself. Each phase builds on the previous – from studying human nature, to tracking it, to directly engineering it. From Bernays discovering how to manipulate mass psychology through unconscious desires, to Tavistock refining social engineering, to algorithmic behavior modification – each phase brings more sophisticated tools for reality manipulation. Digital technology accelerated this evolution: social media algorithms perfect attention capture, smartphones enable constant behavioral monitoring, AI systems predict and shape responses.

    Now, as these digital tools merge with biological interventions – from mood-altering pharmaceuticals to brain-computer interfaces – they approach complete governance over human perception itself. What began with crude propaganda evolved into precise digital manipulation of attention and behavior. The second matrix creates approved channels for those who break free – an engineered ecosystem of controlled alternatives. Just as coordinated media narratives trained the professional class to outsource their thinking to ‘authoritative sources,’ the biodigital matrix now offers to outsource their sensibility itself – promising enhanced cognition while delivering deeper programming. This represents the latest evolution in perception management: At first, they simply denied conspiracies existed. When that became impossible due to undeniable evidence, they created orchestrated channels for awakening minds to follow.

    The OJ Simpson trial marked a crucial shift in this strategy – it trained society to process serious investigations as entertainment spectacle. As Marshall McLuhan famously observed, ‘the medium is the message’ – the format of spectacular media entertainment itself reshapes how we process truth, regardless of content. What began as legitimate questions about police corruption and institutional bias became a ratings-driven soap opera. The same pattern continues today – Jeffrey Epstein’s crimes become Netflix entertainment while his clients remain free, and the alleged Mangione shooting spawns multiple streaming productions within days of the event, even before the investigation concludes. The Las Vegas and New Orleans incidents last week offer a stark demonstration: within hours, potentially disruptive events are channeled into competing narratives, while the entertainment apparatus stands ready to transform any serious investigation into consumable content.

    Real revelations about trafficking networks and institutional crime have become binge-worthy content. Whistleblowers become influencers. Declassified documents become TikTok trends. With limited attention spans and infinite content, truth-seeking becomes another form of consumption that pacifies rather than empowers. Watch how enough time passes and ‘conspiracy theories’ become limited hangouts – JFK’s death gets attributed to ‘the mob,’ a convenient decoy from the institutional forces behind it. Similar patterns emerge with 9/11 revelations.

    Here’s my position – extreme as it may seem to my friends still steeped in conventional narratives: we have to consider the possibility that the power structure controls both sides of most major debates. Every mainstream narrative has its approved opposition. Every awakening gets its sanctioned leaders. Every revelation leads to administered channels. Understanding this pattern could lead to paralysis – but it shouldn’t. Instead, it means recognizing we need new ways of thinking and organizing entirely.

    As researcher Whitney Webb observed on X the other day:

    Only the designated enemy changes – the push for greater surveillance and oversight remains constant. Each ‘side’ gets its turn feeding fear to its base while the same institutions expand their power.

    Nixon opens China. Clinton pushed NAFTA. Trump accelerates Operation Warp Speed. I’m observing a pattern here – not alleging conspiracy, but noting how political figures often act contrary to their public personas: Nixon, the anti-communist, opens the door to China; Clinton, who campaigned on protecting American workers, pushes through the biggest free trade agreement; Trump, the populist outsider, advances Big Pharma’s agenda. Whether through institutional pressures, political realities, or other forces, these contradictions reveal a sophisticated pattern: the system scripts both sides of major political transformations, ensuring controlled outcomes regardless of who appears to hold power. Many of these figures may themselves be responding to forces they barely understand – useful or manipulated actors rather than conscious orchestrators.

    This dynamic isn’t limited to politicians. Consider Twitter/X, which has spent the last couple of years branding itself as a bastion of free speech while just this week introducing algorithms to amplify ‘positivity.’ Framed as promoting constructive dialogue, it mirrors the same subjective moderation policies once criticized as censorship.

    This pattern of controlled opposition extends through every level of awakening movements. Consider how many of my friends still caught in the first matrix dismiss QAnon followers as complete fools, mocking them as cartoon characters while ignoring the documented institutional corruption the movement has exposed. What they don’t understand is that beneath the theatrical elements lie significant evidence of systemic criminality. I remain open-minded about examining these claims – after all, pattern recognition requires considering evidence without prejudice. But the movement’s core message of ‘trust the plan’ reveals how awakening gets redirected. It transforms active resistance into passive spectatorship, waiting for hidden ‘white hats’ to save them instead of taking meaningful action.

    This is where I draw the line. I can’t outsource my family’s wellbeing to unknown entities or secret plans. This requires constant vigilance – alert to both obvious threats and subtle misdirection. The most dangerous aspect of managed opposition isn’t the information it shares, but how it teaches learned helplessness disguised as hope.

    The Capture of Authentic Movements

    Each new theory and movement adds another layer of complexity, drawing seekers further from meaningful action. The 1960s counterculture went from questioning war and authority to ‘tune in, drop out’ passivity. By the 1980s, former hippies became yuppies, their revolutionary awareness neatly channeled into consumer capitalism. Even today, the anti-war movement shows this pattern – one political side opposes war in Ukraine while supporting it in Gaza, the other reverses these positions. Each side claims to be anti-war when it’s not their preferred conflict. Occupy Wall Street followed the same pattern: beginning with potent exposure of financial corruption, it fragmented into competing social justice causes that left the banking system untouched.

    The seduction lies in the truth content. Environmental movements expose corporate pollution but push carbon credits and individual guilt. Social justice movements expose real inequities but redirect into corporate DEI programs. The organic food revolution began as resistance to industrial agriculture but became a premium product category – redirecting real concerns into boutique shopping choices. Each movement contains enough truth to attract awakened minds while setting careful guardrails on acceptable solutions – identifying real problems but advocating solutions that expand institutional power.

    This pattern repeats at every level. Throughout history, power structures have understood the principle of supplying controlled leadership to emerging movements. This pattern continues today across every awakening movement.

    The template is consistent:

    • A politician “bravely” questions vaccines while taking pharma money

    • A pundit “exposes” deep state corruption while defending intelligence agencies

    • A celebrity “fights cancel culture” while pushing digital passports

    • A financial guru “warns” about banking collapse while selling CBDCs

    These patterns of redirection play out vividly today. The medical freedom movement demonstrates this dynamic: Valid concerns about vaccine injuries risk getting redirected into competing theories and circular debates, while accountability remains elusive. The recent MAHA controversy shows shows how even valid food sovereignty concerns can potentially redirect focus from this urgent crisis of vaccine injuries and accountability.

    The crypto world illustrates this pattern: Valid criticism of central banking transforms into tribal warfare between token communities. Each claims exclusive truth while potentially extending the system’s reach. Even reasonable debates about monetary solutions become religious devotion to competing coins. Meanwhile, the original promise of Bitcoin – the first cryptocurrency and its vision of financial autonomy – risks getting co-opted, as blockchain technology is repurposed for Central Bank Digital Currencies (CBDCs), digital IDs, and automated compliance. The very tools meant to free us from banking surveillance are being repurposed to perfect it. But the fusion of financial control with digital identity creates something far more insidious – a system that can enforce social compliance through access to basic resources, monitor thoughts through transaction patterns, and ultimately merge with our biological existence itself. This architecture isn’t just about controlling money – it’s about programming minds.

    The Biodigital Convergence: Engineering Human Reality

    The fusion of digital and biological control isn’t just changing how we interact – it’s redesigning human perception itself. As social connections move increasingly online, authentic human awareness is being systematically replaced with engineered experiences. Beyond attention hijacking and emotional manipulation, the deepest cost hits us where it hurts most – in our human connections. Every day we see people together physically but separated by screens, missing moments of genuine connection while scrolling through manufactured realities. This artificial construct is set to deepen further – Meta has announced plans to populate Facebook feeds with AI-generated content and bot interactions by 2025, raising questions about authentic human connection on these platforms.

    Big Pharma brought the ability to chemically alter cognizance; Big Tech perfected the ability to digitally direct attention and shape behavior. Their merger isn’t about market share – it’s about complete spectrum dominance over human cognition itself. The same companies that pushed pills to numb a generation now partner with platforms that addict us to digital stimulation. The corporations that profited from ADHD medication collaborate with social media giants that deliberately engineer attention deficit. The entities that marketed antidepressants join forces with algorithm makers who scientifically manipulate emotional responses.

    As Whitney Webb observed about the shifting enemy narrative from ‘Russians’ to ‘Islamists,’ the designated threat changes while surveillance expansion remains constant. The digital ID agenda follows this pattern: while the World Economic Forum presents it as humanitarian aid for financial inclusion, it builds the architecture for comprehensive behavioral monitoring and oversight. Each crisis – whether health, security, or financial – adds new requirements that merge identity, banking, health records, and social tracking into a single unified system. What begins as voluntary participation inevitably becomes mandatory as digital surveillance extends into monitoring and shaping human behavior itself – the perfect staging ground for Central Bank Digital Currency.

    This surveillance architecture represents the merging of two foundational pillars. What began with chemical alterations of mood and thought, then evolved into digital manipulation of attention and behavior, is now fusing into a single architecture for human experiential management. Watch how mental health apps collect behavioral data while promoting medication. Social credit scoring merges with health tracking. The same companies developing digital identity systems partner with pharmaceutical giants. This isn’t future speculation – it’s happening now. While we debate the ethics of AI, they’re quietly building the infrastructure to merge human cognition with digital systems. The transhumanist promise of enhanced awareness through technology masks a darker reality – each integration diminishes natural human perception, replacing genuine consciousness with an engineered simulation. This technological colonization of the human brain seeks to sever our connection to natural awareness and spiritual sovereignty.

    In one of his later lectures, Aldous Huxley, the renowned author of ‘Brave New World,’ offered a chilling prediction about the future of social control: “There will be in the next generation or so a pharmacological method of making people love their servitude and producing dictatorship without tears, so to speak, producing a kind of painless concentration camp for entire societies so that people will in fact have their liberties taken away from them but will rather enjoy it.”

    We’re at a crucial juncture where technological capture of human consciousness is becoming irreversible. Each new generation is born into deeper digital integration, their baseline reality increasingly synthetic. But recognizing this pattern reveals both the threat and its weakness. While they perfect technological tools for control, they can’t fully replicate the power of direct human connection. Every instance of genuine interaction, every moment of unmediated presence, demonstrates what their system can’t capture. The answer isn’t just seeing through lies – it’s creating spaces of human connection that exist outside their control architecture. What makes this moment unprecedented isn’t just the sophistication of control, but its method of implementation – not through force, but through seduction and convenience. Each convenience we embrace, each digital enhancement we accept, brings us closer to their vision of managed awareness.

    Liberating Consciousness, Reclaiming Connection

    Understanding these mechanisms doesn’t mean rejecting technology or retreating into paranoid isolation – it means recognizing that real power begins with autonomy, and learning to engage with modernity on our own terms.

    The battle for our minds requires both awareness and authentic action. While they attempt to engineer behavior through chemicals and algorithms, our power lies first in liberating ourselves, then extending through direct human connection.

    Their endgame – absolute mastery over human perception and cognition – reveals a fundamental weakness: they cannot fully contain liberated minds and authentic human relationships that exist outside their mediated channels. This comprehensive system requires managed opposition at every level, steering us away from genuine awakening and direct engagement.

    The crucial insight is this: The opposite of globalism isn’t nationalism or political movements – it’s individual liberty expressed through local action. Real awakening can’t be programmed or scheduled. It emerges through clear recognition and spreads through genuine connection. When intellectuals at think tanks like Brownstone Institute found common cause with firefighters, the system recognized a dangerous precedent. Unity across traditional societal divides – between intellectuals, professionals, and working people – demonstrates how truly free people can bridge manufactured divisions. While digital networks can facilitate organization, true power manifests in physical community.

    Speaking from experience, these digital networks have been invaluable in my journey – I’ve found kindred spirits, shared insights, and built lasting friendships through online communities. These connections have helped me understand patterns I might never have seen alone. But information sharing is just the first step. The real transformation happens when we take these shared insights off the screen and into our communities, turning digital connections into flesh-and-blood relationships and shared local action.

    This means:

    • Freeing our minds while they push programmed thinking (creating local learning circles to counter their digital-pharmaceutical engineering of thought)

    • Building connections while maintaining individual agency (establishing real communities to resist their social credit systems)

    • Taking action without waiting for consensus (bypassing their arranged opposition channels)

    • Growing food while they push synthetic alternatives (maintaining biological autonomy as they push lab-created dependencies)

    • Building community while they sell digital tribes (creating genuine connection as antidote to technological isolation)

    • Healing ourselves while they market dependencies (developing natural resilience against their biodigital convergence)

    The most powerful truth isn’t a revelation – it’s the recognition that consciousness can transcend their constructed boundaries entirely. The way out requires stepping beyond their endless distractions and reclaiming grounded, authentic action. Their biodigital convergence can only capture souls that follow their prescribed paths. Our essence was never truly bound by their walls.

    ​​Stay vigilant. Question everything. Free your mind and act with intention. The revolution begins with sovereign spirits and grows through genuine connection. Build where they destroy. Create while they deceive. Connect while they divide. The way out of their matrix is with eyes wide open and feet planted firmly in local soil.

    Tyler Durden
    Tue, 01/07/2025 – 23:25

  • Biden Mulls Prisoner Swap With Taliban Involving 'Last Afghan In Guantanamo' 
    Biden Mulls Prisoner Swap With Taliban Involving ‘Last Afghan In Guantanamo’ 

    Less than two weeks to go in his lame-duck presidency before Trump takes office, and President Biden is pursuing the controversial move of emptying out Gitmo further. On Monday the Pentagon confirmed it released 11 Yemeni detainees with suspected ties to al Qaeda from the Guantanamo Bay prison in Cuba, after which they are set to begin new lives in Oman, as we detailed earlier. This has shrunk the population of the facility to 15 men.

    None of the detainees have ever been charged with a crime, despite having been in the high-secure military facility for a couple decades or more. The Biden administration has long sought to move forward Obama’s stated goal of seeking to permanently shutdown the notorious facility where torture has been alleged and documented.

    On Tuesday another major potential released has been revealed: the White House is now negotiating with the Taliban which could end in the release of a high-profile prisoner long alleged to have been a close Osama bin Laden associateMuhammad Rahim al Afghani has long been deemed “the Last Afghan in Guantanamo”.

    Muhammad Rahim

    The Wall Street Journal reports that the Democratic administration “has been discussing a deal with the Taliban since at least July, told the group on Nov. 14 that the U.S. would release Muhammad Rahim al Afghani, who the U.S. government alleges was a senior al Qaeda aide, if the Afghan rulers released George Glezmann, Ryan Corbett and Mahmoud Habibi, American citizens seized in Afghanistan in 2022.”

    Rahim, if the swap goes through, could be freed alongside two others prisoners the Taliban is seeking in exchange for Americans Glezmann and Corbett. However, things are already complicated as the Taliban denies that it is holding Habibi.

    The potential deal has apparently been in the works for several weeks at this point, given national security adviser Jake Sullivan briefed House Foreign Affairs Committee members in a classified session on Dec.17. The WSJ has cited him as saying that no decision has yet been made.

    If Biden goes through with it, he’ll be hammered by Trump and Republicans, and it will also revive criticisms of the botched Afghan withdrawal which ended in the deaths of many American troops as well as Afghan civilians:

    The Taliban’s offer poses a dilemma for Biden. He has prided himself on securing the release of American hostages around the world, bringing home more than 70 people over the past four years. But handing over Rahim, long seen by the U.S. government as a high-profile prisoner, and potentially other Afghan prisoners held in U.S. custody might spark criticism.

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    But at the same time, Gitmo seems to belong to another era—the ‘Global War on Terror/GWOT’ Bush era of CIA black sites, extraordinary rendition, and the ability of military prosecutors to lock people up for decades without so much as a formal charge.

    Ironically the terror situation globally is arguably far worse than it was when Rahim and other AQ operatives were initially apprehended on central Asian battlefields and locked up, thanks to Washington itself.

    In 2015 the CIA directly helped a coalition of jihadists which make the Gitmo guys look like ‘moderates’ take Idlib province from Assad. These same NATO/Gulf-backed Idlib terrorists now hold all of Syria in the wake of Assad’s overthrow, and the Biden administration has positively celebrated it.

    The real scandal…

    The U.S. State Dept.’s own numbers: read the full report HERE at STATE.GOV

    Yet Fox-style conservatives are now going to boil with rage over Biden “selling out America” by freeing Gitmo prisoners, but all the while the same ‘Fox-Cons’ will barely bat an eye over the ISIS-style terrorists now controlling Damascus. The mainstay of the Republican party has also been completely silent over America having armed Sunni hardline jihadists from Libya to Syria for more than the past decade, more content to make a national scandal over who gets released from Gitmo – all the while also dutifully ignoring the obvious Saudi state connections to 9/11.

    And then there’s also the fact that the jihadists of central Asia, including the Taliban itself, were trained and supported by the CIA and allied intelligence services throughout the 1980s as part of the Afghan-Soviet war. The US deep state doesn’t like when average Americans actually dig in to history, where they discover that there are few terrorists or foreign dictators that Washington didn’t initially create or at least support at some point.

    Tyler Durden
    Tue, 01/07/2025 – 23:00

  • How To Survive "The Great Taking" In 2025
    How To Survive “The Great Taking” In 2025

    Authored by Nick Giambruno via InternationalMan.com,

    It’s a “scheme of central bankers to subjugate humanity by taking all securities, bank deposits, and property financed with debt.”

    David Webb, a former hedge fund manager, and Wall Street insider, has blown the lid off a diabolical plan more than 50 years in the making in a shocking new book.

    He calls it The Great Taking.

    I consider it an urgent must-read (available for free here).

    Here’s the synopsis (emphasis mine):

    It is about the taking of collateral (all of it), the end game of the current globally synchronous debt accumulation super cycle.

    This scheme is being executed by long-planned, intelligent design, the audacity and scope of which is difficult for the mind to encompass.

    Included are all financial assets and bank deposits, all stocks and bonds; and hence, all underlying property of all public corporations, including all inventories, plant and equipment; land, mineral deposits, inventions and intellectual property.

    Privately owned personal and real property financed with any amount of debt will likewise be taken, as will the assets of privately owned businesses which have been financed with debt.

    If even partially successful, this will be the greatest conquest and subjugation in world history.

    Private, closely held control of ALL central banks, and hence of all money creation, has allowed a very few people to control all political parties and governments; the intelligence agencies and their myriad front organizations; the armed forces and the police; the major corporations and, of course, the media. These very few people are the prime movers. Their plans are executed over decades. Their control is opaque.

    To be clear, it is these very few people, who are hidden from you, who are behind this scheme to confiscate all assets, who are waging a hybrid war against humanity.

    Webb shows how the dark forces behind central banking have spent the last 50 years meticulously putting the legal structures in place worldwide to sever property rights for securities.

    Gone are the days of physical paper share certificates and bearer securities, where you had control and ownership of the asset.

    Today, your control and ownership have become increasingly distant as stocks, bonds, and other investments have been centralized away from account holders and rehypothecated—a slimy practice where financial institutions reuse an account holder’s asset for their own purposes, creating multiple claims on the same asset.

    Contrary to what most brokerage account holders believe, they only have the appearance of ownership. If their broker goes bust, the stocks and bonds they think they own will be used to satisfy the other more senior creditors of their broker.

    Webb shows how, during the 2008 financial crisis, a small broker in Florida went bankrupt.

    Instead of sending the clients’ securities to another broker, as had traditionally been the case, they were swept up by the bankruptcy receiver.

    But it’s not just some isolated small broker.

    The bankruptcy of Lehman Brothers set the case law precedent for secured creditors to take client assets in the case of insolvency.

    The most senior secured creditors are the most powerful financial institutions closest to the central banks—JP Morgan, BlackRock, Goldman Sachs, etc.

    The net effect of The Great Taking will be the biggest centralization of money and power in history as they take everyone’s securities during a future crisis.

    Though it’s not just securities, they will also take ANY asset financed by debt—like real estate, cars, and small businesses—as people become unable to service their debts.

    Webb provides all the details and proof in his book.

    Here’s the bottom line.

    The most powerful people in the world have succeeded in subverting the property rights of securities and ensnaring most of the world with debt.

    The trap has been set, and the legal plumbing is in place.

    All that is needed is a big crisis that will cause a tidal wave of bankruptcies, and the hidden forces behind the world’s central banks will be able to take everyone’s stocks, bonds, and any property financed by debt.

    All the assets people think they own in brokerage accounts, bank accounts, pensions, and other financial accounts could vanish overnight.

    Webb says, “There will be a game of musical chairs. When the music stops, you will not have a seat. It is designed to work that way.”

    The Coming Collapse Is by Design

    Webb makes a compelling case that the next financial crisis won’t be an accident; the global elite are making it happen to proceed with The Great Taking.

    In short, it’s not plausible that such an intelligent, deliberate plan executed with persistence for more than 50 years could happen by accident.

    Further, the forces behind central banking and (fake) money creation undoubtedly understand the dynamics of the boom-bust cycle they create by expanding and contracting the money supply.

    They know the Everything Bubble they created will lead to a massive bust. That’s when they will execute The Great Taking.

    Further, consumer debt is at record highs.

    After many years of being encouraged to go deeply into debt, many Americans have reached their maximum debt saturation. They will be ripe for the picking.

    As Webb explains:

    “Debt is not a real thing. It is an invention, a construct designed to take real things.

    The bottom line is that debt has for centuries had the function of dispossessing, of taking away property, capital and investments from someone.”

    What You Can Do About It

    Nobody knows the future or how The Great Taking will play out. The best you can do is to make yourself a hard target and not be among the low-hanging fruit.

    You can do that by being debt-free and owning unencumbered assets within your direct control.

    You don’t want to own something that is simultaneously someone else’s liability. That’s because the legal structures are already in place to take it from you during the next crisis.

    Crucially, this includes fiat currency in bank accounts.

    Remember, fiat currency is the unbacked liability of a bankrupt government.

    Further, once you deposit currency into a bank, it is no longer yours. Technically and legally, it is the bank’s property, and what you own instead is an unsecured liability of the bank.

    As The Great Taking unfolds, you won’t want to be on the other end of unsecured liabilities or IOUs of any kind.

    I believe The Great Taking could happen sooner than most realize—and it won’t be pretty for many.

    Most people have no idea how bad things could get—or how to prepare.

    That’s why I’ve published a detailed guide called The Most Dangerous Economic Crisis in 100 Years: The Top 3 Strategies You Need Right Now.

    Click here to download the free PDF.

    Tyler Durden
    Tue, 01/07/2025 – 22:35

  • Three Chinese Nationals Arrested In DR Congo With 12 Gold Bars And $800,000 In Cash Hidden
    Three Chinese Nationals Arrested In DR Congo With 12 Gold Bars And $800,000 In Cash Hidden

    Three Chinese nationals have been arrested in eastern Democratic Republic of Congo with 12 gold bars and $800,000 in cash hidden beneath their vehicle seats, according to the BBC.

    According to South Kivu Governor Jean Jacques Purusi, the arrests were kept secret following the recent release of other Chinese nationals accused of illegal gold mining.

    Eastern DR Congo, rich in gold, diamonds, and battery minerals, has faced decades of instability due to exploitation by foreign groups and militia control of mines, where leaders profit by selling resources to middlemen.

    Governor Purusi revealed the arrests were kept secret due to ties between some metal dealers and powerful figures in Kinshasa. Acting on a tip, authorities discovered gold and cash after a thorough vehicle search near the Rwandan border but did not disclose the gold’s exact quantity.

    The BBC report noted that last month, Purusi expressed outrage over the release of 17 Chinese nationals accused of illegal gold mining, stating it undermined efforts to reform DR Congo’s corrupt mineral sector. The group allegedly owed $10 million in taxes and fines. The Chinese embassy has not responded to the claims.

    The arrests follow ongoing conflict in North Kivu, where a Rwanda-backed rebel group has seized territory. Last month, DR Congo announced a lawsuit against Apple over “blood minerals,” leading the company to cease sourcing from DR Congo and Rwanda. Rwanda denies involvement in the export of illegal minerals.

    “These activities have fuelled a cycle of violence and conflict by financing militias and terrorist groups and have contributed to forced child labour and environmental devastation,” lawyers acting for the Congolese government said.

    Tyler Durden
    Tue, 01/07/2025 – 22:10

  • We Can Handle The Truth
    We Can Handle The Truth

    Authored by Christopher Roach via American Greatness,

    The 1992 military justice drama, A Few Good Men, explores a fictional hazing incident involving the U.S. Marines. The main question posed by the film is whether there is a place for unwritten rules and customs, which may technically violate regulations, but may prove necessary for a unique institution like the military to accomplish its mission.

    In determining whether the hazing was ordered from higher up, the defense counsel, played by Tom Cruise, cross examines the defendants’ commander, a no-nonsense Marine colonel played by Jack Nicholson. When the attorney insists that he deserves the truth, the colonel angrily responds, “You can’t handle the truth!”

    While the colonel is made out to be the bad guy, many of the distortions, omissions, and outright lies from the managerial class are informed by the same ethos, and they think of themselves as the good guys. This type of “noble lying” arises from the governing elite’s belief in its own sophistication compared to the rabble, who would overreact to the truth.

    This self-serving justification obscures that officials engaged in narrative control are often more concerned with avoiding embarrassment and accountability than any broader social goal.

    Political Correctness Distorts Facts About New Orleans Attack

    A few recent events illustrate this phenomenon quite clearly. A man with an ISIS flag on his truck committed a terrorist attack in New Orleans. He ran over pedestrians and then shot it out with police, having earlier announced his intentions on social media. At least 14 people were murdered in the attack.

    A third-grade kid could figure out it was Islamic terrorism. Yet agent nose-ring from the FBI and the clownish local police chief would not describe the attack as terrorism in their initial press conference. The media interviewed some of his family but kept calling him American-born and emphasizing his U.S. Army service, lest we think there is anything unusual about an American named Shamsud-Din Jabbar.

    Based on photographs, the killer’s appearance sometimes looked African-American and at other times Middle Eastern. When combined with the nature of the attack, this led to a lot of speculation he was Somali or Pakistani.

    In multiple stories from the mainstream news, it was impossible to find out if his family had foreign origins or if they had ties to a terror-supporting country. It looked as if the media was trying to hide something, which we have seen many times before.

    local Louisiana paper was the only one to answer this completely natural question. It turns out his parents were natural-born Americans of Louisiana Creole descent, whose father converted to Islam. The father changed his name, presumably to signal commitment to his new faith, and all of his children had similarly foreign-sounding names.

    Why the avoidance of facts by the press? Most people know that the vast majority of Muslims are not terrorists and that not all of those who become terrorists are foreign-born, as was the case with converts John Walker Lindh and Jose Padilla.

    Scrutiny about names and origins arouses liberal sensitivities because such inquiries remind us that Islam is a recent and foreign import. Even when its votaries happen to be born here, this foreignness manifests in many lesser ways than terrorism, which exposes real flaws with the dominant ideology of multiculturalism.

    Not limited to hiding facts, in New Orleans and in similar attacks, before we are even allowed to be angry, the media repeatedly bludgeons us with stories warning about the dangers of “backlash.” Victims are blamed before they can mourn.

    After the Fort Hood attacks by mutinous army officer Nidal Hassan, the general in charge of the U.S. Army said insultingly, “Our diversity, not only in our Army, but in our country, is a strength. And as horrific as this tragedy was, if our diversity becomes a casualty, I think that’s worse.”

    In spite of these warnings about stereotypes and backlash, there has been almost no significant backlash against Muslims in the United States, even after the 9/11 attacks.

    The U.K. Is Similarly Handicapped By Ideology

    There has been an even more aggressive media blackout in response to the horrifying rape gangs in the United Kingdom. For years, not only the media, but police, politicians, social workers, and other authorities downplayed the reality of these attacks, blamed victims, and did little to stop the rape of young, native British females by Pakistani immigrant gangs.

    The story was back in the news after multiple tweets by Elon Musk about the need for the British government to investigate these matters. As was the case when these stories first came to light in 2014, the media and politicians have been loudly expressing concerns about backlash.

    Defending the authorities’ atrocious handling of the matter, British writer Tom Holland said: “The true nightmare of #Rotherham is that the motives of those who turned a blind eye, however monstrous the consequences, were indeed noble.”

    In his words, “It wasn’t the indifference that was noble, but the concern not to demonise a minority. Caring for the weak. The Christian thing . . . I think they genuinely didn’t want to give succour to racism against a minority – which was a noble principle.”

    There are, in fact, things worse than developing prejudices, not least among them failing to prevent actual child rape. But, in the modern West, whether in the United States or the United Kingdom, authorities are more afraid of being accused of racism than stopping terrorism and child rape. Fear of being accused of racism even contributed to the 9/11 attacks, lest we forget, because the gate agent didn’t want to stereotype the Arab men carrying box cutters.

    Real racism has certainly led to abuses, particularly a generation or two in the past. But the left’s mélange of misplaced compassion, anti-working-class prejudice, and social experimentation in the pursuit of anti-racism has done much more harm to everyone in recent years, not least by contributing to the victimization of innocents when the perpetrators are minorities.

    Free Speech and Democracy

    Under the emerging ethos of safety, authorities treat information and speech as things that must be curated and controlled to prevent the dangers of prejudice. The dominant ideology conceives of the public as parochial, tempestuous, and easily seduced by bad speech. Instead of calling regulated speech what it is—simply ideas they disagree with—censors in the government and the compliant media ominously label it “hate speech” and “disinformation.”

    Self-government is not possible if the people are deprived of facts from authorities. Democratic self-government does not even have any obvious value if we also think the voters are too stupid, easily misled, or prone to spasms of emotional hatred to govern themselves.

    Far from hateful, Americans, Britons, and westerners in general are remarkably fair-minded. Because of a deep-seated tradition of individualism, we are averse to judging others as part of groups and mistreating them because of the crimes of their coethnics. It is the British Empire, after all, that abolished slavery around the globe, and it is the West that developed the ideals of limited government and the rule of law, which together protect individual rights.

    The emerging managerial elite has weaponized this generosity to import maximally alien foreigners in order to increase social conflict; this, in turn, provides support to illiberal and authoritarian plans of social control and social engineering.

    The leadership class has no respect for the West, its history, or its people. This is evidenced by their consistent desire to hide the truth and subject our most vulnerable citizens to horrific violence, lest we all “get the wrong idea.” They have forfeited their authority to rule because of their repeated refusal to treat us with candor and protect our most vulnerable citizens.

    Contrary to their prejudices, we can handle the truth.

    Tyler Durden
    Tue, 01/07/2025 – 21:45

  • China's Uptick In Respiratory Illness Sparks Concerns From Neighbors
    China’s Uptick In Respiratory Illness Sparks Concerns From Neighbors

    Authored by Zhang Ting and Cindy Li via The Epoch Times (emphasis ours),

    A recent surge in respiratory infections in China has drawn attention from neighboring countries and regions, with the Chinese public expressing concerns about the severity of the new outbreak amid ongoing distrust of the ruling Chinese Communist Party’s (CCP’s) health reporting post-COVID.

    A woman wearing mask passes by mannequin heads wearing masks in a hat shop in Beijing on Sept. 9, 2022. Ng Han Guan/AP Photo

    Official data from the Chinese Center for Disease Control and Prevention, dated to the last week of 2024, reported that multiple flu-like illnesses are currently on the rise in China. The primary pathogens reported in outpatients and emergency wards were influenza, human metapneumovirus (HMPV), and rhinoviruses. Severe acute respiratory infections were attributed to influenza viruses, mycoplasma pneumoniae, and HMPV.

    The report noted that HMPV, a lesser-known common winter respiratory disease, has caused many children under 14 in China’s northern provinces to fall ill. Cases of HMPV surged the most in the past week to become the second most prevalent cause of respiratory infections in China’s north after influenza.

    Since HMPV was first detected by Dutch researchers in 2001, it has been found worldwide. Common symptoms are similar to those of influenza, including cough, fever, nasal congestion, and shortness of breath, which are signs of upper respiratory tract infections.

    Elderberry, Zinc, Echinacea, Turmeric, Vitamins C, E, B6, L-Glutamine and more…

    The virus can also lead to complications such as bronchitis, tracheitis, pneumonia, asthma, or ear infections. Severe infections may result in serious lower respiratory tract infections.

    According to the world-renowned medical institution the Cleveland Clinic, young children, adults over 65, and people with weakened immune systems are at high risk for severe HMPV infections.

    Chinese Foreign Ministry spokesperson Mao Ning has downplayed the concern among the populace about respiratory illness, attributing the increase in cases to a winter peak of respiratory infections.

    At present, the scale and intensity of the epidemic are lower than last year,” she said in a regular press conference on Jan. 3.

    “What I can tell you is that the Chinese government attaches great importance to the health of the Chinese people and foreign citizens in China, and traveling to China is safe.”

    Treatment for HMPV mainly focuses on symptom management. Most HMPV patients can manage symptoms at home until they feel better, while those with severe symptoms may require hospitalization.

    The increasing cases of HMPV, a respiratory virus that has symptoms similar to those of COVID-19, are causing concern among the Chinese populace, who are wary of the transparency and accuracy of the CCP’s public health information following significant coverups in the COVID-19 pandemic. Claims of overcrowded hospitals on Chinese social media have also sparked widespread concern.

    Neighbors Say They’re Monitoring Situation

    The reports of overwhelmed Chinese hospitals and crematoriums have put authorities of neighboring countries and regions on alert for potential developments of public concern.

    The Macau Health Bureau stated on Dec. 26, 2024, that it has been closely monitoring the spread of HMVP in mainland China and has urged local residents to strengthen preventive measures.

    In Taiwan, Tseng Shu-Hui, deputy director-general of the Taiwan Centers for Disease Control (CDC), told local media on Dec. 25, 2024, that related cases of HMPV have already spread and been detected on the island. Taiwan’s CDC will continue to monitor the situation and will provide timely updates if any abnormalities are found, she said.

    Vietnam’s Ministry of Health stated on Jan. 5 that it has prepared a brief report on the reported cases of HMPV infection in China. The department said it contacted the WHO’s office in Vietnam and the Asia-Pacific region, as well as the representative office of the Chinese Center for Disease Control and Prevention under the International Health Regulations, and was told that, as of now, the WHO has not received any official information from China regarding its HMPV caseload.

    Malaysia reported 327 known HMPV cases in 2024. The Malaysian health ministry has urged the public to stay alert.

    “The public is advised to proactively take care of their health and prevent infection to others, especially in enclosed and crowded areas,” the ministry said in a statement, according to Singaporean newspaper The Straits Times. “This includes those planning to travel to countries at risk.”

    Datuk Amar Sim Kui Hian, the minister of Public Health, Housing, and Local Government in Sarawak, a state of Malaysia, reminded the public that while the WHO had not classified HMPV as an international public health emergency, “we must not let our guard down.”

    The experience with COVID-19 has taught everyone how to cope with viruses, he told local media on Jan. 5.

    Frequent hand washing, wearing masks, and maintaining good personal hygiene are key to preventing the spread of viruses.

    India convened a joint monitoring group meeting in response to the rising cases of respiratory illnesses reported in China over the past few weeks.

    Indian authorities said the government is “well-prepared” to handle respiratory illnesses and that its surveillance shows no unusual surge so far.

    “Union Health Ministry is closely monitoring the situation in China through all available channels and the WHO has been requested to share timely updates regarding the situation,” read a Jan. 5 post by the country’s Ministry of Health on social media platform X.

    WHO Demands China’s COVID Data

    This round of winter respiratory illness in China marks the five-year anniversary of the emergence of COVID-19, with the WHO recently renewing its unfulfilled requests for China to share access to data to help determine the origins of COVID-19.

    “We continue to call on China to share data and access so we can understand the origins of COVID-19,” reads a WHO statement on Dec. 30, 2024.

    This is a moral and scientific imperative. Without transparency, sharing, and cooperation among countries, the world cannot adequately prevent and prepare for future epidemics and pandemics.”

    In December 2019, the first case of COVID-19 emerged in Wuhan, China. The ruling Chinese Communist Party (CCP)’s initial concealment of the outbreak, including the silencing of doctors and citizen reporters, was followed by the rapid spread of the virus, evolving into a global pandemic that caused a significant number of deaths, as previously reported by The Epoch Times.

    Help boost your immunity here…

    Tyler Durden
    Tue, 01/07/2025 – 21:20

  • Taibbi: Why Is Russiagate's Origin Story Redacted?
    Taibbi: Why Is Russiagate’s Origin Story Redacted?

    Authored by Matt Taibbi via Racket News,

    On January 11, 2019, at the peak of Russiagate mania and months before the release of Special Counsel Robert Mueller’s deflating report, the New York Times for the first time made public a remarkable fact. In “FBI Opened Inquiry Into Whether Trump Was Secretly Working on Behalf of Russia,” a trio of Times reporters revealed that in the days after Donald Trump’s May 2017 firing of FBI Director James Comey, the Bureau “began investigating whether he had been working on behalf of Russia.”

    Former FBi Deputy Director and current CNN contributor Andy McCabe

    The country first learned the FBI was investigating “any links between individuals associated with the Trump campaign and the Russian government” when Comey testified in Congress in March, 2017. Comey then was referring to the FBI’s much-ballyhooed Crossfire Hurricane probe, which was opened in July, 2016 and targeted the likes of George Papadopoulos and Carter Page.

    This second FBI probe disclosed by the Times in 2019 carried far more explosive implications, making its delayed disclosure unusual. It’s one thing for the FBI to investigate possible “links” between foreigners and a presidential campaign. It’s another for Deputy Director of the FBI Andrew McCabe to open an investigation into whether a sitting president, i.e. his boss, is “working on behalf of Russia.”

    “Imagine even opening this investigation up on just your average Joe,” says Aaron Maté of RealClear Investigations. “That would be crazy, unless you have some real predication. But this is the fucking president. Andrew McCabe decides that he can do this. On what basis?”

    Either the FBI had evidence to start such an investigation, which would be damning to Trump, or it didn’t, which would be damning to the FBI. Which was it?

    The 2019 Times story suggested the FBI probe was begun in part to determine if Trump’s “firing of Mr. Comey constituted obstruction of justice.” Beyond that, details were scant, and once the new investigation was folded into Robert Mueller’s inquiry, the reasons for its opening disappeared into the proverbial dustbin of history. Even when Special Counsel John Durham issued his report on the FBI and Crossfire Hurricane, he made just one mention of this second investigation, saying it was beyond his purview:

    We also have not interpreted the Order as directing us to consider the handling ofthe investigation into President Trump opened by the FBI on May 16, 2017.

    Nobody seemed to care what this second investigation was about, or what evidence was submitted to justify its opening, until Aaron and RealClear in December, 2022 sent a Freedom of Information request. They sought a copy of the original document explaining why the FBI opened a new “Sensitive Investigative Matter” on May 16, 2017. It took over two full years for the Bureau to respond. The answer was a middle finger: six pages, almost entirely redacted, with the exception of a few paragraphs.

    THRILLING READING: From the FBI’s newly released document

    The released documents weren’t entirely bereft of information. In fact, they should contain enough to pique the curiosity of any incoming officials looking for places to start unraveling the Russiagate mystery. Whatever’s underneath these redactions is embarrassing to someone. Aaron yesterday published a story on the subject at RealClear Investigations which I recommend everyone read. This document is one of a series of Russiagate-related revelations about to hit the public.

    The memo is included below. Apart from the fact that it names former FBI Counsel James Baker and Counterintelligence chief Bill Priestap at the top, the most interesting section is probably this passage:

    The FBI is opening [redacted] based on an articulabe factual basis that reasonably indicates that President Donald Trump may be or has been, wittingly or unwittingly, involved in activities for or on behalf of the Russian government which may constitute violations of federal criminal law or threats to the national security of the United States.

    The intro of the just-released memo on the second Trump-Russia investigation

    If your first thought is, “How can a person ‘unwittingly’ be involved in activities on behalf of Russia that ‘may constitute violations of criminal law’?” you’re not alone. I reached out to multiple lawyers with experience working on the Hill to ask how one betrays the country criminally without intent. One sent back a “shrug” emoji, while another said this was the problem with the new generation of broad national security probes. The FBI often does investigations that are “not tethered to or bound by criminal law.”

    Unwittingly, without his knowledge, he’s being manipulated by the Kremlin,” laughs Maté. “It’s unbelievable.”

    McCabe, now an author and sometimes contributor to CNN, said in 2019 that Trump’s “own words” prompted the investigation. Aaron attempted to reach him for his RealClear story, but he did not respond.

    This is not a small issue. The FBI opening an investigation into a presidential candidate on the thinnest of pretexts, then continuing it despite repeated dead ends, then leaking word of an active investigation despite a total lack of results, and finally opening a second probe into a sitting president after their Director was fired, all speak to a law enforcement agency that was coloring way outside its lines, involving itself in unprecedented political interference. Whoever takes over the Bureau needs to unredact these and many other pages.

    “It’s nuts,” says Maté. “Trump is in office, and they decide after he fires Comey to open a second investigation just of him, not his campaign but him, suspecting him of being a Russian agent. Why?” He pauses. “We know the pretext for the first investigation was George Papadopoulos. What’s the reason for this one? Probably the firing of Comey is in there in the redaction, but there’s got to be something else too.”

    But what? Let’s hope we find out soon.

    Tyler Durden
    Tue, 01/07/2025 – 20:55

  • A Who's Who Of All Trump's Cabinet-Level Nominees
    A Who’s Who Of All Trump’s Cabinet-Level Nominees

    Coming from diverse backgrounds, the president-elect’s Cabinet selections bring a variety of skills to the new government.

    After sweeping all seven battleground states this year and becoming the first Republican to win the national popular vote in 20 years, President-elect Donald Trump has assembled a team to lead his next administration.

    The Cabinet mainly consists of the vice president, the leaders of 15 executive departments, and several other top positions. Most, but not all, of these appointments require confirmation by the Senate. Trump’s selections come from diverse backgrounds, with many hailing from the business world outside Washington politics. Two of the nominees also come from across the political aisle.

    The Epoch Times’ Jacob Burg and Jackson Richman provide below a brief overview of what Trump’s nominees will bring to the table in his second administration… (click image for large legible version)

    For a full breakdown of each individual, read here…

    Tyler Durden
    Tue, 01/07/2025 – 20:30

  • Why Deflation Is Good For The Economy
    Why Deflation Is Good For The Economy

    Authored by Frank Shostak via The Mises Institute,

    The yearly growth rate of the consumer price index (CPI) stood at 2.7 percent in November, against 2.6 percent in October. In June 2022, the yearly growth rate was 9.1 percent.

    The price of a good is the amount of money asked per unit of some particular good at which an exchange will obtain. It follows, then, that if the quantity of money increases faster than the quantity of goods, the price of goods will also increase, all other things being equal.

    When money is injected, it enters a particular market and then moves through the price structure to other markets. The injected money does not spread instantaneously to all the markets, there is a time lag. The yearly growth rate of our monetary measure—AMS for the US—stood at 79 percent in February 2021 against 3.7 percent in October this year.

    It is estimated that the average time lag from changes in money supply and changes in prices as depicted by the consumer price index the CPI is about 26 months. This suggests that the massive decline in the momentum of the CPI is because of the large decline in the yearly growth rate of the money supply. Again, the yearly growth rate of money supply fell from 79 percent in February 2021 to 3.7 percent by October this year.

    On account of the time lag, it is quite likely that the yearly growth rate of the CPI is poised for a further visible decline ahead. Based on the lagged money supply growth rate, it is quite likely that the yearly growth rate of the CPI will turn negative from the second half of next year (see chart).

    The negative figure in the yearly growth rate of the CPI raises the likelihood that most commentators will start warning about deflation and the threat that it is going to pose to the economy. A general decline in the prices of goods and services is regarded by most experts as bad news since it is seen to be associated with major economic slumps such as the Great Depression of the 1930’s. Note that, by July 1932, the yearly growth rate of industrial production fell to 31 percent, while by September 1932, the yearly growth rate of the consumer price index plunged to 10.7 percent.

    According to many economists, when prices decline it is harder for borrowers to pay down existing debts, leading to growing defaults, while banks become reluctant to extend credit. Consequently, these two factors generate a downward spiral in the supply of credit and a consequent decline in economic activity.

    Furthermore, most experts regard a general decline in prices as “bad news” because it raises expectations for a further decline in prices, and this, it is held, slows down individuals’ propensity to spend, which, in turn, undermines investment in plant and machinery. These factors set in motion an economic slump. Moreover, as the slump further depresses the prices of goods, this intensifies the pace of economic decline. It is for these reasons that many economic experts are of the view that it is the duty of the central bank—the Fed in the US—to prevent deflation.

    In his speech before the National Economists Club (Washington, DC, November 21, 2002), entitled “Deflation: Making Sure ‘it’ Doesn’t Happen Here,” Ben Bernanke—then a Fed governor—laid out measures that the central bank should employ to combat deflation, such as buying longer-maturity Treasury debt and the “helicopter money.”

    For most experts the occurrence of economic depression is because of a collapse in aggregate demand. In this view, since demand causes supply, the central bank should embark on massive monetary expansion in order to boost the demand for goods and services. According to much popular thinking, a strengthening in aggregate demand will set in motion the increase in the production of goods and services (i.e., economic growth).

    But why would an increase in demand lead to an increase in the supply? Without a suitable infrastructure, no expansion in the supply is going to emerge because of the increase in the demand. Also, to suggest that consumers postpone their buying of goods at present because prices are expected to decline would mean that individuals have abandoned any desire to live in the present. However, without the maintenance of life in the present, no future life is conceivable.

    Contrary to such thinking, deflation, which is manifested by declining prices, is the mechanism that makes a great variety of goods produced more accessible to individuals. Murray Rothbard wrote,

    [I]mproved standards of living come to the public from the fruits of capital investment. Increased productivity tends to lower prices (and costs) [i.e., deflation] and thereby distribute the fruits of free enterprise to all the public, raising the standard of living of all consumers. Forcible propping up of the price level prevents this spread of higher living standards.

    How the Central Bank Makes Things Worse

    Whenever the central bank artificially inflates money into the economy this benefits various individuals engaged in activities which sprang up on the back of the expansionary monetary policy, at the expense of true wealth-generators. Through expansionary monetary policy, the central bank gives rise to a class of individuals whose ventures could not come into existence without continued inflation and which distort the structure of production.

    The consumption by these recipients of the newly generated money and credit is made possible through the diversion of real savings from wealth producers. Through this process, these recipients divert production, saving, and capital investment without contributing anything in return.

    The expansionary monetary policy of the central bank generates an environment where it appears that it is possible to consume without production. Not only does the easy-money policy raise the prices of existing goods, but monetary inflation also gives rise to the production of goods and assets which would otherwise not be the case. These goods are not demanded in those amounts and/or prices by consumers.

    Once the central bank reverses its expansionary monetary policy, the diversion of production from wealth producers to non-wealth producers is arrested. This, in turn, undermines the demand of non-wealth-producers for various goods and services thereby exerting downward pressure on their prices.

    A tighter monetary policy undermines various activities that sprang up the previous expansionary monetary policy. This partially halts the bleeding of wealth generators. The decline in prices comes in when prices realistically realign with the new production caused by previous inflation. Deflation during recession signifies the beginning of economic healing.

    As a rule, what the central bank tries to stabilize is the so-called “price index.” The alleged success of this policy, however, hinges on the state of saving, capital investment, and production. As long as saving expands, a bout of inflation generates the illusion that the expansionary monetary policy is the right remedy. This is because the inflationary expansion of money and credit, which renews the flow of real savings to non-wealth-producers, props up their demand for goods and services, thereby halting or even reversing the decline in prices. Furthermore, if saving and capital investment is still growing, the pace of economic growth stays positive. Hence, the mistaken view that an inflationary monetary policy can reverse deflation (falling prices) is the key in reviving economic activity.

    The illusion that through inflation it is possible to keep the economy going is shattered once savings begin to decline and the distortions in the capital structure are recognized. Once this happens, the economy begins a downward plunge. The most aggressive expansionary monetary policy would fail to reverse this plunge. Even if easy-money policies were to succeed in raising prices and inflationary expectations, this could not revive the economy.

    Considering the declining momentum of the lagged money supply growth rate, and the likely shrinking savings and capital investment, economic activity could enter a severe recessionary phase from the second half of 2025.

    Conclusion

    Contrary to the popular view, deflation is good for the economy. Thus, when prices are declining in response to the expansion of wealth, this means that individuals’ living standards are rising. Further, when prices decline because of the bursting of a financial bubble, it is also overall good for the economy, for it indicates that the impoverishment of wealth producers is being arrested.

    Tyler Durden
    Tue, 01/07/2025 – 20:05

  • 'Evacuate Now': Fire Tears Through Upscale Pacific Palisades In Los Angeles
    ‘Evacuate Now’: Fire Tears Through Upscale Pacific Palisades In Los Angeles

    A brush fire that has spread to over 1,200 acres in Los Angeles amid a massive wind storm has prompted a mass evacuation in the upscale Pacific Palisades area on Tuesday.

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    “Evacuate now from the area of Palisades…” officials warned on X. “Those not in the evacuation area should shelter in place.”

    The Palisades – home to numerous A-list celebrities, has roughly 9,400 homes and 27,000 residents. After the fire broke out, smoke plumes spread quickly toward structures and homes – including a large area of Topanga Canyon, tucked-away community with a single road in and out.

     

     

    Meanwhile, the South Coast Air Quality Management District on Tuesday issued an air quality alert for the Santa Monica Mountains “due to increased fine particle pollution from wildfire smoke,” which has now traveled as far east as Diamond Bar, located around 30 miles from downtown LA.

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    Officials shut down all traffic on the Pacific Coast Highway at Topanga Canyon Boulevard – causing (greater than usual) traffic jams that could be seen all over.

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    Via fire.ca.gov

    Actor James Woods has posted several videos to X showing the fire raging near his house.

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    People are abandoning their cars in the street…

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    Developing…

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    Tyler Durden
    Tue, 01/07/2025 – 19:40

  • Jay Bhattacharya Will Bring Much-Needed Transparency To NIH
    Jay Bhattacharya Will Bring Much-Needed Transparency To NIH

    Authored by Andrew Noymer via RealClearPolitics,

    Dr. Jay Bhattacharya – the Stanford professor who is President-elect Donald Trump’s nominee for the directorship of the National Institutes of Health – will bring transparency to this government agency, which sorely needs it.

    I am an odd person to write a piece supporting Jay Bhattacharya’s nomination to lead the NIH. During the pandemic, I disagreed with Jay on COVID response. Jay supported the Great Barrington Declaration, while I favored a more active and engaged public health response, broadly although not completely along the lines of what was actually done in the United States. At times our differences were fundamental, other times pragmatic. Nonetheless, the differences of opinion between Jay and me on this subject were deep.

    I debated Jay over Zoom on the topic of pandemic response, so I am well aware of his views on COVID response, as he is of mine. Our debate was not archived but was roughly similar to the Munk Debate I did with Jay’s Stanford colleague, John Ioannidis, and the SoHo Forum debate I did with Jay’s Great Barrington collaborator, Martin Kulldorff. These discussions are dated now, but they still reflect deep intellectual rifts that were brought into sharp relief by COVID and the collective response to it.

    What makes my endorsement of Jay all the more peculiar is that he and I still disagree on COVID response. I know because I had the chance to talk with Jay and others in October at a conference that he organized at Stanford, at which I served as a panelist. What’s more, Jay invited me to this conference knowing that his and my opinions on this subject continue to diverge. Here and in other examples, I have seen Jay’s commitment to hearing diverse and disagreeing viewpoints. Jay is not one to try to muzzle a dissenting opinion.

    The most important outstanding item on the COVID agenda is: Where did SARS-CoV-2 – the virus that causes COVID – come from? The pursuit of this question is where Jay Bhattacharya and I have the most in common. I am on the advisory board of Biosafety Now, an organization dedicated to increasing transparency in high-risk experiments on pathogens with the capacity to harm people. Jay was, for a time, also involved with BN.

    The stakes could not be higher: COVID killed 15 million people worldwide in 2020 and hasn’t stopped killing, although thankfully at a lower rate more recently. Tracing the origins of epidemics is one of the cornerstones of public health. This task is woven into its very fabric, even from before John Snow’s founding the science of epidemiology in the 19th century, through to the work of American pioneer Theobald Smith in the 20th century, and to the present day. There are a number of questions about COVID that may point to SARS-CoV-2 having leaked from a lab.

    The NIH has not heretofore acted with enough transparency on COVID origins. It was a funder of gain-of-function research on coronaviruses. Former NIH director Francis Collins and former director of NIAID (National Institute for Allergy and Infectious Diseases), Anthony Fauci, were both major proponents of gain-of-function virology research, some of which is objectively dangerous enough to require the highest security (BSL-4) labs (think: labs inside an air lock and researchers in pressure suits). Grants from NIH in this area included funding the research of Peter Daszak of EcoHealth Alliance and Peter Hotez of the Baylor College of Medicine.

    However, NIH has not acted to shed light on its actions, and has even stonewalled Congress.

    There is nothing inherently political about wanting to know where COVID comes from; it is a core function of epidemiology. It is virologists – not those in epidemiology who wish to get to the bottom of COVID origins – who have politicized the COVID origins debate. As one of my colleagues at the University of California, Irvine condescendingly scolded me via email in 2022: “Suggesting lab leaks or worse (without any real evidence) feeds into the right-wing, anti-China conspiracies promoted by the Trump administration.” Other virologists have shown a remarkable incuriosity: “What difference does it make where it [SARS-CoV-2] came from?” asked another one of my University of California, Irvine colleagues, at a conference here. It makes an enormous difference. To avoid a repeat of COVID, we need better regulation of gain-of-function virology, and full transparency about coronavirus research in the years leading up to the pandemic.

    Jay Bhattacharya understands that the NIH budget is public money, and that every American is a stakeholder in research performed by NIH, including the grants it makes to external scientists. He and I had, and continue to have, deep disagreements about the public health response to COVID, but the most important task facing NIH at the moment is give the world a full account of its involvement in research on the bat viruses that are the ancestor of the COVID virus, so we can better understand how SARS-CoV-2 jumped into humans. Transparency is a principal (and principled) solution to lack of public trust in institutions. I am confident that Jay’s pursuit of transparency can restore public trust in NIH.

    Andrew Noymer is associate professor of population health and disease prevention in the Joe C. Wen School of Population & Public Health, University of California, Irvine.

    Tyler Durden
    Tue, 01/07/2025 – 19:15

  • 10 Most Impressive Day One Reveals At CES 2025, Includes Jumping Hypercar
    10 Most Impressive Day One Reveals At CES 2025, Includes Jumping Hypercar

    The Consumer Electronics Show (CES) 2025, the world’s biggest tech show, officially began on Monday. 

    Nvidia CEO Jensen Huang kicked off the week by unveiling the latest products designed to advance gaming, autonomous vehicles, robotics, and agentic AI (key takeaways here). 

    Along with Nvidia’s new AI products, here are the ten most impressive unveils at CES 2025 so far (courtesy of Rowan Cheung):

    A 360° AI-powered body scanning health mirror that can scan your heart, weight, and metabolic health

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    Roborock’s Saros Z70: A robotic vacuum that has a mechanical arm for picking up objects in the way of cleaning the floor

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    Halliday Glasses: Smart glasses with a 3.5-inch internal monochrome display

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    Project DIGITS by NVIDIA: A $3000 personal supercomputer that’s 1,000x the power of an average laptop

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    BYD’s supercar, Yangwang U9, jumping 6 meters forward (over potholes)

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    A pen with three cameras at the tip that turns any surface of the world into a canvas with notes synced and recorded to your phone

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    NVIDIA Cosmos: An open source, open weight Video World Model designed for the upcoming age of robotics source

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    Portalgraph: A 3D projector that projects VR space into the real world

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    Samsung Vision AI TVs that come with real-time translation, the ability to adapt to user preferences, AI upscaling, and instant content summaries

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    NVIDIA GB200 NVL2: A datacenter superchip with 72 Blackwell GPUs, 1.4 exaFLOPS, and 130 transistors

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    This is only day one. 

    Tyler Durden
    Tue, 01/07/2025 – 18:50

  • The End Of Economic Growth: Energy Shortages Drive Global Downturn
    The End Of Economic Growth: Energy Shortages Drive Global Downturn

    Authored by Gail Tverberg via Our Finite World,

    • The global economy is expected to enter a recession in 2025 due to a decline in the availability of crude oil, coal, and uranium relative to population.

    • Government attempts to stimulate the economy through debt will lead to inflation rather than growth, as energy supplies are constrained.

    • High interest rates, low energy prices, and a decline in industrial output will characterize the economic landscape in 2025.

    As the world enters 2025, the critical issue we are facing is Peak Crude Oil, relative to population. Crude oil has fallen from as much as .46 gallons per person, which was quite common before the pandemic, to close to .42 gallons per person recently (Figure 1).

    Figure 1. World crude oil production per person, based on data of the US EIA. Data through September 2024.

    People have a misimpression regarding how world peak oil can be expected to behave. The world economy has continued to grow, but now it is beginning to move in the direction of contraction due to an inadequate supply of crude oil. In fact, it is not just an inadequate crude oil supply, but also an inadequate supply of coal (per person) and an inadequate supply of uranium.

    We know that when a boat changes direction, this causes turbulence in the water. This is similar to the problems we are currently seeing in the world economy. Physics dictates that the economy needs to shrink in size to match its energy resources, but no country wants to be a part of this shrinkage. This indirectly leads to major changes in elected leadership and to increased interest in war-like behavior. Strangely enough, it also seems to lead to higher long-term interest rates, as well.

    In this post, I share a few thoughts on what might lie ahead for us in 2025, in the light of the hidden inadequate world energy supply. I am predicting major turbulence, but not that things fall apart completely. Stock markets will tend to do poorly; interest rates will remain high; oil and other energy prices will stay around current levels, or fall.

    [1] I expect that the general trend in 2025 will be toward world recession.

    With less oil (and coal and uranium) relative to population, the world can be expected to produce fewer goods and services per person. In some sense, people will generally become poorer. For example, fewer people will be able to afford new cars or new homes.

    This trend toward lower purchasing-power tends to be concentrated in certain groups such as young people, farmers, and recent immigrants. As a result, older people who are well-off or firmly established may be able to mostly ignore this issue.

    While the shift toward a poorer world has partially been hidden, it has been a huge factor in allowing Donald Trump to be voted back into power. Major shifts in leadership are taking place elsewhere, as well, as an increasing share of citizens become unhappy with the current situation.

    [2] Many governments will try to hide recessionary tendencies by issuing more debt to stimulate their economies.

    In the past, adding debt was found to be effective way of stimulating the world economy because energy supplies supporting the world economy were not seriously constrained. It was possible to add new energy supplies, quite inexpensively. The combination of additional inexpensive energy supplies and additional “demand” (provided by the added debt) allowed the total quantity of goods and services produced to be increased. Once energy supplies started to become seriously constrained (about 2023), this technique started to work far less well. If energy production is constrained, the likely impact of added debt will be added inflation.

    The problem is that if added government debt doesn’t really add inexpensive energy, it will instead create more purchasing power relative to the same number, or a smaller number, of finished goods and services available. I believe that in 2025, we are heading into a situation where ramping up governmental debt will mostly lead to inflation in the cost of finished goods and services.

    [3] Energy prices are likely to remain too low for fossil fuel and uranium producers to raise investments from their current low levels.

    Recession and low prices tend to go together. While there may be occasional spikes in oil and other energy prices, 2025 is likely to bring oil and other energy prices that are, on average, no higher than those of 2024, adjusted for the overall increase in prices due to inflation. With generally low prices, producers will cut back on new investment. This will cause production to fall further.

    [4] I expect “gluts” of many energy-related items in 2025.

    Gluts are related to recession and low prices for producers. The underlying problem is that a significant share of the population finds that finished goods, made with energy products and investment at current interest rates, are too expensive to buy.

    Even farmers are affected by low prices, just as they were back at the time of the Great Depression. We can think of food as an energy product that is eaten by people. Farmers find that their return on farm investment is too low, and that their implied wages are low. Low income for farmers around the world feeds back through the system as low buying power for new farm equipment, and for buying goods and services in general.

    In 2025, I expect there will be a glut of crude oil due to a lack of purchasing power of many poor people around the world. My forecast is similar to the forecast of the IEA that predicts an oversupply of oil in 2025. Also, a December 2024 article in mining.com says, “A glut of coal in China is set to push falling prices even lower.”

    Even wind turbines and solar panels can reach an oversupply point. According to one article, number of Chine solar panel builders seems to be far too high for world demand, leading to a potential shake out. As the share of wind and solar power added to the electric grid increases, the frequency of low or negative payment for wholesale electric power increases. This makes adding more wind turbines and solar panels problematic, after a certain point. We don’t yet have a cost-effective way of storing intermittent electricity for months on end. This seems to be part of the reason why there recently were no bidders for producing more offshore wind power in Denmark.

    [5] I expect long-term interest rates to remain high. This will be a problem for new investments of all kinds and for governmental borrowing.

    In Section 2 of this post, I tried to explain that a peak-oil impact is likely to be inflation. This occurs because ramping up debt to try to stimulate the economy no longer works to get additional cheap energy products from the ground. Instead of getting as many finished goods and services as hoped for, the added debt tends to produce inflation instead.

    I believe that we are reaching a stage of fossil-fuel depletion where it is becoming increasingly difficult to ramp up production, even with added investment. Because of the added debt added in an attempt to work around depletion, inflation in the price of finished goods and services can be expected. Investors are beginning to see long-term inflation as a likely problem. As a result, they are starting to demand higher long-term interest rates to compensate for the expected decrease in buying power.

    Figure 2. Interest rates on 10-year US Treasury Securities, in a chart by the Federal Reserve of St. Louis. Data is through December 30, 2024.

    Figure 2 shows that US long-term interest rates have varied widely. There was a period of generally dropping long-term interest rates from 1981 to 2020. Starting in late 2020, interest rates began to rise; in 2023 and 2024 they have been in the 4% to 5% range. These relatively high rates are occurring because lenders are demanding higher long-term interest rates in response to higher inflation rates.

    Because of inflationary pressures, I expect that long-term interest rates will tend to stay at today’s high level in 2025; they may even rise further. These continued high interest rates will become a problem for many families wanting to purchase a home because US home mortgage rates rise and fall with US 10-year interest rates. Often families are faced with both high home prices and high interest rates. This combination makes mortgage costs a problem for many families.

    Governments are also adversely affected. They tend to hold large amounts of debt that they have accumulated over a period or years. Up until 2020, much of this added debt often was at a very low interest rate. As more long-term debt at higher interest rates is added, annual interest rate payments tend to rise rapidly. This can cause a need to raise taxes. Japan, especially, would be affected by higher interest rates because of its high level of government debt, relative to GDP.

    Higher interest rates will also raise costs for citizens trying to finance the purchase of homes, and for investors wanting to build wind turbines or solar panels. In fact, investment in any kind of factory, pipelines, or electricity transmission will tend to become more expensive.

    In a sense, we seem to be seeing the peak oil problem shifting in a way that affects interest rates and the economy in general. Either higher interest rates or higher oil prices will tend to push the economy toward recession. We tend to look for rising prices to signal an oil supply problem, but perhaps that only works when there is excessive demand. If the problem is really inadequate oil supply, perhaps we should look for higher long-term interest rates, instead.

    [6] Industry around the world is likely to be hit especially hard by recessionary tendencies.

    Industry requires investment. Higher interest rates make new industrial investment more expensive. Industry is also a heavy user of energy products. Putting these observations together, it shouldn’t come as a surprise if new industrial investment is one of the first places to be cut back because of peak oil supply.

    Figure 3. Expected world industrial output, based on calculations I made with using industrial output and population forecasts from detailed output data provided with the article Recalibration of limits to growth: An update of the World3 model” by Arjuna Nebel et al.

    The original 1972 Limits to Growth analysis, in its base model, suggested that resources would start to run short about now. The variables in this model were recently recalibrated in the article, “Recalibration of limits to growth: An update of the World3 model.” Based on the detailed data given in the endnotes to the article, I calculated the expected industrialization per capita shown in Figure 3.

    Based on Figure 3, this model shows that industrialization per person reached a peak in 2017. Peak industrialization (total, not per capita) occurred in 2018, which coincides with peak crude oil extraction (not per capita).

    The model seems to suggest that after an inflection point in 2023 (that is 2024 and after), industrialization will start to fall more steeply. The model shows a decrease in production per capita of 4.1% in 2024 and of 5.3% in 2025. Such decreases would push the world economy toward recession.

    The model suggests that people, on average, are getting poorer in terms of the quantity of goods and services they can afford to buy. New cars, motorcycles, and homes are becoming less affordable. Heavily industrialized countries, such as China, South Korea, and Germany are likely to be especially affected by headwinds to industrialization. I expect that the economic problems in these countries will continue and are likely to worsen in 2025.

    [7] The US has tried to isolate itself from this nearly worldwide recession. I expect that during 2025, the US will increasingly slip into recession, as well.

    There are several reasons for this belief:

    (a) The US is heavily dependent upon imports of raw material. China is restricting exports of critical minerals used by the US. This will make it very difficult or impossible to ramp up high tech industries as planned.

    (b) The US is heavily dependent on Russia for supplies of enriched uranium. Any plan for added nuclear electricity needs to consider where the uranium to power these plants will come from. It also needs to consider how this uranium will be enriched to the required concentration of uranium-235.

    (c) If the US can ramp up crude oil and natural gas production, this can perhaps counter this trend toward US and world recession. Unfortunately, recent US oil supply has not been ramping up; instead its production has been fairly flat. Natural gas production has actually been lower since February 2024. Plans have been made to rapidly ramp up US liquefied natural gas (LNG) exports, but these plans cannot work if the US natural gas supply is already decreasing.

    (d) The US government has had an advantage in borrowing because the US dollar is the world’s reserve currency. As such, the US is, in some sense, the first borrower, pulling the rest of the world along. The US, by making its short term interest rates higher than those of many other countries, was able to largely escape recession 2023 and 2024. Additional investment was attracted to the US by these higher interest rates. But the US cannot follow this strategy indefinitely. For one thing, a high US dollar handicaps exports. For another, interest costs on government debt become burdensome.

    (e) Donald Trump has plans to close inefficient parts of government. These changes, if enacted, will reduce “demand” within the economy because workers in these sectors will lose their jobs. Over the longer term, these changes might be beneficial, but over the short term, they are likely to be recessionary.

    (f) It is difficult for the US to do much better than the rest of the world. If the rest of the world is in recession, the US will tend to head in that direction, as well.

    [8] I expect more conflict in 2025, but today’s wars will not look much like World War I or World War II.

    Today, not many countries are able to build huge fleets of fighter airplanes. Even building drones and bombs seems to require supply lines that extend around the world. So, instead, wars are being fought in non-military ways, such as with sanctions and tariffs.

    I expect that this trend away from direct military conflict will continue, with more novel approaches such as internet interference and stealth damage to infrastructure taking place instead.

    I do not expect that nuclear bombs will be used, even when there is direct conflict between powerful adversaries. For one thing, uranium in these bombs is needed for other purposes. For another, there is too much chance of retaliation.

    [9] I expect many types of capital gains will be low in 2025.

    The situation we are facing now is the opposite of the drop in long-term interest rates observed between 1981 and 2020, in Figure (2), above. This historical drop in interest rates made it possible for businesses to more easily finance new investments. It also made it possible for individual citizens to be able to afford more homes and cars. It should not be surprising that this period has been a time of rising stock market prices, especially in the United States.

    The world’s economic problem is that it no longer has the tailwind of falling long-term interest rates. Instead, rising long-term interest rates are becoming a headwind. Home prices are un-affordably high for most potential buyers at today’s interest rates. A similar problem faces those hoping to purchase agricultural equipment and farmland at today’s high prices and high interest rates.

    We should not be surprised if home and farm prices stabilize and begin to fall. Prices of shares of stock are likely to encounter similar headwinds. Prices of derivative investments may perform even worse than the shares themselves.

    Recently, a great deal of the strength of the US market has been in a few stocks. Artificial Intelligence (AI) needs to very quickly provide a lot of benefit to the stock market as a whole for this to change. I cannot imagine this happening. With the US slipping toward recession, I expect that the US stock market will at best plateau in 2025.

    [10] With less energy available and higher interest rates on government debt, I expect to see more government organizations disbanding.

    It takes energy, directly and indirectly, to operate any kind of governmental organization. Eliminating governmental organizations is one way of saving energy. This is what happened when the central government of the Soviet Union collapsed in 1991. I would think that parallel kinds of changes could start happening in the next few years, in many parts of the world.

    At some time, perhaps as soon as 2025, the European Union could collapse. If things are going badly for many member countries, they will be less willing to support the European Union with their tax revenues. Other organizations that seem like they could be in peril include NATO and the World Trade Organization.

    In some ways, such shrinkage would be in parallel with Trump’s plan for eliminating unnecessary governmental organizations within the United States. All these organizations require energy; cutting their number would go some way toward reducing crude oil and other energy consumption.

    [11] It is possible that the world economy will eventually get itself out of its apparent trend toward recession, but I am afraid this will happen long after 2025.

    We know that the world economy tends to operate in cycles. We would like to believe that the apparent current down-cycle is just temporary, but we can’t know this for sure. Physics tells us that we need energy supplies of the right kind for any action that contributes to GDP. Running short of energy supplies is therefore a very worrisome condition.

    We also know that there are major inefficiencies in current approaches. For example, oil extraction leaves much of the oil resource in place. In theory, AI could greatly improve extraction techniques.

    We also know that uranium consumption is terribly inefficient. M. King Hubbert thought that nuclear energy using uranium had amazing potential, but most of this potential remains untapped. Perhaps AI could help in this regard, also. If nothing else, perhaps recycling spent fuel could be made less expensive and problematic.

    Figure 4. Figure from Hubbert’s 1956 paper, Nuclear Energy and the Fossil Fuels.

    We can’t know what lies ahead. There may be a “religious” ending to our current predicament that we are discounting that is actually the “right story.” Or there may be a “technofix” solution that allows us to avert collapse or catastrophe. But for now, how the current down-cycle will end remains a major cause for concern.

    Tyler Durden
    Tue, 01/07/2025 – 18:25

  • Preemptive Strikes On Iran Will Be A 'Real Possibility' Under Trump: Officials
    Preemptive Strikes On Iran Will Be A ‘Real Possibility’ Under Trump: Officials

    Starting in December the head of the UN nuclear watchdog, IAEA, warned that Iran is “dramatically” accelerating enrichment close to the roughly 90% level which is weapons-grade.

    On Tuesday President Emmanuel Macron called Iran the main “strategic and security challenge” for France and Europe. “The acceleration of the nuclear program leads us nearly to the point of no return,” he told an annual conference of French ambassadors.

    However, it remains anything but clear whether the Islamic Republic has actually decided to build a nuclear weapon, something recently (and surprisingly) acknowledged by the CIA.

    Via Reuters

    Still, the constant daily headlines over Iran’s enrichment advances set things up for a collision course with the Trump administration after the Jan.20 inauguration.

    According to a fresh report in Axios, the chances of Trump ordering a preemptive military strike on Iran’s nuclear facilities are now higher than ever:

    Iran’s recent nuclear advances give President-elect Trump a crucial decision to make in his first months in office: Try to neutralize the threat through negotiations and pressure, or order a military strike.

    Trump’s decision in 2018 to withdraw from an Obama-era nuclear deal prompted Tehran to accelerate its nuclear program, such that it’s now a de facto “nuclear threshold state.” Officials and diplomats from the U.S., EU and Israel all told Axios they expect Trump to face an Iran crisis in 2025.

    Trump and his advisers are planning to quickly return to the “maximum pressure” campaign they conducted against Iran between 2018 and 2020.

    Axios further underscores that “Several Trump advisers privately concede Iran’s program is now so far along that the strategy might not be effective. That makes a military option a real possibility.”

    But it remains that US attacks on the Islamic Republic would only surely accelerate possible efforts to achieve a bomb. Much of the country’s nuclear infrastructure and technology is now likely underground, which would make it hard for any external power to destroy everything.

    Though in prior years the Ayatollahs have condemned nuclear weapons as ‘unIslamic’ – if the Iranians perceive themselves under direct threat of annihilation, they would urgently feel the need to rapidly have a bomb.

    Below is more from Axios on Trump expressing his position on the prior campaign trail:

    Back in October, Trump criticized President Biden for advising Israel not to bomb Iran’s nuclear facilities. “They asked him, what do you think about Iran, would you hit Iran? And he goes, ‘As long as they don’t hit the nuclear stuff.’ That’s the thing you want to hit, right?” Trump said at a campaign rally.

    It’s no secret that Iran has also long been engaged in sanctions-busting activity regarding global oil transit, and selling to powerful BRICS countries like China. Trump is expected to get ‘tough’ on that as well, and he has already nominated plenty of Iran hawks to top foreign policy positions.

    But from Tehran’s perspective, the problem remains that Israel possesses a large undeclared nuclear arsenal, which has long been an ‘open secret’. If Iran does pursue a nuke, it will be to establish a balance of power and deterrent against Israel and the United States in the region.

    Ironically if Trump does order ‘preemptive’ military strikes on Iran in the name of stopping WMD, this will be deeply contradictory to his stated aims on the campaign trail of wanting to stop and reign in US wars abroad.

    Tyler Durden
    Tue, 01/07/2025 – 18:00

  • January 6, 2025: The Real Insurrection Begins
    January 6, 2025: The Real Insurrection Begins

    Authored by Julie Kelly via ‘Declassified’,

    The original Jan 6 narrative died in spectacular fashion. Monday’s proceedings represent the start of a legitimate insurrection against a corrupt, unaccountable, and failed government in Washington…

    It’s a plot twist even the most creative—or diabolical—fiction writer never would have imagined.

    On Monday afternoon, Vice President Kamala Harris will preside over Congressional proceedings to certify the election of Donald Trump, who defeated her in the 2024 presidential election.

    The moment will represent one of many surreal moments on a date—January 6—that the Biden regime, news media, and Democratic voters consider one of the darkest times in American history. In fact, Harris herself categorizes January 6, 2021 alongside September 11, 2001 and December 7, 1941 as events she claims “remind all who have lived through them where they were…when our democracy came under assault.”

    Four years ago, the ruling class in Washington attempted to commit what all evidence now points to as the premeditated murder of the MAGA movement. Powerful political and government saboteurs aligned to stoke the events of January 6, a four-hour disturbance those same saboteurs immediately branded an “insurrection.”

    The talking points, in fact, went out before the first protester entered the building. As the chaos still was unfolding at the Capitol, Joe Biden gave a nationwide address—he allegedly had planned to talk about the economy at 4 p.m. but in yet another fortuitous coincidence for Democrats, Biden quickly pivoted to a lengthy rant about the protest—to denounce the “insurrection.”

    The intervening four years has consisted of a nonstop loop of January 6-related propaganda and lawfare intended to keep Trump and his movement from rising from the political dead.

    Trump and MAGA Left for Dead

    And they pounded as many nails as they could into what they believed was the J6 coffin. Trump was impeached for the second time. FBI Director Christopher Wray designated January 6 an act of domestic terror thereby branding anyone who participated in the Capitol protest a domestic terrorist.

    The Department of Justice opened what would become the biggest criminal investigation in its history resulting in the arrest of nearly 1,600 individuals, most of whom supported Donald Trump, and the jailing of several hundred even those convicted of petty misdemeanors.

    Attorney General Merrick Garland opened a separate investigation into Trump over the events of January 6; top Trump confidants and associates were dragged before a D.C. grand jury to testify and produce records. DC judges routinely denied privilege claims.

    For the first time in history, a sitting president (Biden) repeatedly denied executive privilege requests from his predecessor. And for the first time in history, a former president faced a criminal indictment related to his conduct in office. (In another history-making event, Special Counsel Jack Smith also indicted Trump in the so-called classified documents case but that involved allegations after he left the White House.)

    Two weeks after Smith charged Trump in a four-count indictment for Jan 6, Fulton County District Attorney Fani Willis also indicted Trump and more than a dozen of his advisors in a massive RICO case tied to Jan 6. Other state officials charged Trump supporters in the so-called “fake electors” plan tied to Jan 6.

    Congress did its part, too. The January 6 Select Committee offered a steady primetime infusion of J6 propaganda; crying police officers and turncoat White House aides testified in the hope of providing the emotional punch necessary to convince the most stubborn MAGA loyalists that their leader posed a dire threat to the future of “democracy.”

    No good anti-Trump operation succeeds, of course, without the complicity of the media. The amount of ink and airtime and clicks dedicated to all things January 6 may never be fully accounted for; books were written, documentaries were made. There is no question the collective coverage of January 6 rivals coverage of every war and legitimate terror attack in American history.

    The exhaustive operation—the multi-faceted lawfare, the Congressional theater, the media fixation—was supposed to end with Trump sitting in jail, a final death blow to his political future and the populist movement he created.

    But it all came crashing down on November 5, 2024.

    A “Revolt Against Civil Authority or an Established Government”

    Trump won in decisive fashion as the majority of Americans sent a big middle finger tied to a wrecking ball to the halls of power in Washington. The failures of the Biden regime unquestionably contributed to Trump’s victory but so too did the relentless pursuit of the president, his family, his allies, his businesses, and his voters.

    The January 6 operation backfired in a spectacular way. Instead of representing one of the darkest days in history, January 6 to millions of Americans instead embodies the corrupt, bloodthirsty, and vengeful nature of the existing government and its media bootlickers, which foreshadowed the sort of banana republic-style rule seen in Marxist hellholes not in the United States.

    And voters acted accordingly at the ballot box.

    So Monday, January 6, 2025 signals the start of a real insurrection, which is defined as a “revolt against civil authority or an established government” not an unarmed and at points unruly demonstration inside a government building on a Wednesday afternoon.

    Should Trump fulfill his boldest campaign pledges, federal agencies in the nation’s capital will never be the same. Permanent changes in now untrusted institutions such as the DOJ, the FBI, the Department of Homeland Security and, sadly, the Department of Defense among others promise to gut the rogue, unelected bureaucracy that really runs the show.

    The Trump Insurrection already is paying dividends as employees flee agencies soon to be led by sworn foes of the Deep State. Chris Wray resigned ahead of his scheduled ten-year tenure as FBI boss.

    Even more gratifying is that the architects of the original “insurrection” narrative are sweating and on the run. Reports indicate top DOJ officials including Jack Smith and prosecutors in the D.C. U.S. Attorney’s office, which has been responsible for the “Capitol Siege” prosecution, are lawyering up and worried about going bankrupt—fitting karma for the hell they’ve inflicted on others.

    Ditto for Liz Cheney and members of the J6 select committee. Cheney currently is the subject of a congressional investigation related to her role as vice chairman of the committee; a Trump DOJ is expected to look into her conduct as well. J6 Committee chairman Bennie Thomspon, who along with Cheney just received a medal from Biden, said he would accept a presidential pardon.

    The career of Fani Willis has entered death twitch stage; not only did a Georgia appellate court put an end to her involvement in the RICO case but her personal foibles will long be a source of mockery and ridicule.

    Overall, the Democratic Party is in disarray, as listless and useless as Joe Biden, who is expected to issue more broad-based pardons to cover up the criminality of the entire J6 operation against Trump.

    And the media is just crushed that their propaganda and teeth-gnashing and hyperbole didn’t work. In a Sunday morning interview, CNN’s Jake Tapper asked Senator Amy Klobuchar if “the horrible things that happened that day are being forgotten?”

    Former House Speaker Nancy Pelosi on “Face the Nation” Sunday morning lamented about the “denial of what happened on Jan 6.”

    But perhaps no one said it better than the New York Times’ Peter Baker, a reliable regime mouthpiece. “If you woke up on January 7th of 2021 with the glass still shattered on the floor of the Capitol and the smoke rising and the troops are surrounding the building, and you had said that Donald Trump will be president in four years, nobody would have believed that.”

    Correct, Peter. The death of Trump and MAGA, as the old saying goes, was greatly exaggerated. And you did it to yourself.

    Now bring on the real insurrection.

    Tyler Durden
    Tue, 01/07/2025 – 17:40

  • "How About If We Buy Alaska?" Top Canadian Politician Eyes Takeover Of U.S. States As Battle With Trump Escalates
    “How About If We Buy Alaska?” Top Canadian Politician Eyes Takeover Of U.S. States As Battle With Trump Escalates

    Canadians are touchy, eh?

    Ontario Premier Doug Ford fired back at President-elect Donald Trump’s calls for Canada to join the United States as its 51st state by countering with a surprising offer: for the Great White North to purchase Alaska and Minnesota.

    You know something, to the president, I’ll make him a counteroffer: How about if we buy Alaska and throw in Minnesota and Minneapolis at the same time?” Ford told reporters during a Monday press conference, addressing Trump’s looming threat of U.S. tariffs against Canada.

    Trump, speaking at a freewheeling press conference at Mar-a-Lago on Tuesday, expressed frustration over how the U.S. is treated by Canada, claiming that its biggest trading partner is subsidized by approximately $200 billion annually.

    They don’t essentially have a military,” Trump said. “They have a very small military. They rely on our military. It’s all fine but, you know, they have to pay for that. It’s very unfair. Something has to be done.

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    We are going to put very serious tariffs on Mexico and Canada,” the president-elect continued, before turning his focus to the surge of illegal substances flowing from Canada into the U.S. “They come through Canada, too. The drugs coming through are at record numbers,” Trump said. “So we are going to make up for that by putting tariffs on Mexico and Canada. Substantial tariffs. We want to get along with everybody but, you know, it takes two to tango.”

    Trump also reiterated his wish for former NHL star Wayne Gretzky to consider running for Canada’s prime minister, suggesting that he could be a viable successor to Trudeau.

    In November, Trump raised alarms in both Canada and Mexico with a threat to impose 25 percent tariffs unless the two countries helped curb the migrant and fentanyl crises. The threat prompted Trudeau to immediately travel to Mar-a-Lago for talks on how the U.S. and Canada could avoid a tariff war.

    Ford, however, maintains that Mexico and China—not Canada—are responsible for the trade issues Trump has singled out.

    “I’ve talked to so many governors and congresspeople and senators and never once did they say Canada is the problem,” Ford told CNN on Monday. “I’ll tell you who the problem is: China is the problem. China shipping in cheap parts, putting them through Mexico. Mexico slapping on a ‘Made in Mexico’ sticker and shipping up through the U.S. and Canada. [It’s] costing American and Canadian jobs.”

    Recently resigning PM Justin Trudeau, meanwhile, took to X on Tuesday to reaffirm his staunch opposition to Trump’s proposal, declaring, “There isn’t a snowball’s chance in hell that Canada would become part of the United States.”

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    Tyler Durden
    Tue, 01/07/2025 – 17:20

  • The Climate Agenda's March Through The Institutions: Can It Be Stopped?
    The Climate Agenda’s March Through The Institutions: Can It Be Stopped?

    Authored by Tilak K. Doshi via RealClearEnergy,

    A spate of stories in the media recently provides a remarkable illustration of how the globalist policy agenda of the climate industrial complex has captured key international institutions and perverted their original organizational aims. From initially serving broad, laudable objectives for the welfare of their constituents, these institutions have been subverted over the years to serve the insistent pseudoscientific claims of climate alarmists.

    The corruption of global institutions has, in turn, led to significant opposition that is becoming apparent. There is the prospect of an incoming Trump administration that is avowedly sceptical of the claims of an alleged climate crisis and is intent on exiting the UN’s Paris Agreement and its “net zero by 2050” policy target for a second time. This presents a welcome challenge to these corrupt institutions. Will President Trump and some of the populist parties in Europe be capable of countering the entrenched globalist climate agenda?

    The World Bank

    On 17th October, Oxfam published a report that shockingly found that up to $41 billion in World Bank climate finance —nearly 40% of all climate funds disbursed by the Bank over the past seven years— is “unaccounted for between the time projects were approved and when they closed.” In other words, no one knows how the money was used. There is no paper trail revealing where the money went or what the accomplished results were.

    Green cronyism, ranging from the Solyndra debacle – the waste of almost half a billion dollars of taxpayers’ money on a failed solar farm project under President Obama’s watch — to President Biden’s duplicitously-named Inflation Reduction Act which will unleash an estimated $1 trillion deluge of subsidies on favored “green” industries is nothing new. But it is instructive to trace the World Bank’s decline from its honorable founding objectives to its current status as yet another institution advocating green causes.

    Dr. Jim Yong Kim, reflecting the progressive virtues of President Obama who appointed him as president of the World Bank in 2012, imposed a ban on the financing of coal-fired power stations in 2013. This was followed by a ban on investments in all new upstream oil and gas resource development projects. The distinguished economist Deepak Lal,  a former Research Administrator of the Bank, remarked that Dr. Kim incredulously “over-ruled the cost-benefit estimates of coal-based power over solar and wind-based power generation produced by his own economic staff, justifying this by reference to a wish to cut global emissions of greenhouse gases.”

    The World Bank’s objections to the use of fossil fuels despite their importance to economic growth and poverty alleviation – which constitute its foundational institutional objectives — can be traced to the intellectual evolution of its management under James Wolfensohn during his decade as president (1995 – 2005). Mr. Wolfensohn traced the arc from the old regime to the new. The old was represented by the “Washington consensus” of free markets, liberal trading regimes, sound money and entrepreneurship associated with the classical liberalism of Adam Smith.

    The new intellectual environment of the World Bank’s management – personified by Joseph Stiglitz, Chief Economist of the World Bank (1997 – 2000) — was defined by the theoretical failures of the free market, especially in accounting for the alleged negative climate impacts of fossil fuel use. Stiglitz, a climate alarmist, wrote in a 2015 court brief for a failed climate lawsuit brought on behalf of a group of children against the US Federal government that “fossil fuel-based economies imposed ‘incalculable’ costs on society and shifting to clean energy will pay off.”

    Rupert Darwall, a former adviser to the United Kingdom’s Chancellor of the Exchequer and author of Green Tyranny, encapsulates the betrayal of the World Bank to its founding objectives as follows:

    The World Bank’s mission has been subverted by green ideologues who assert that a low-carbon world benefits the world’s poor but fail to acknowledge that making energy much more costly increases poverty. The World Bank tags itself as ‘working for a world free of poverty’…In making its choice between development and sustainability, the World Bank has decided it is going to try and ‘save the planet’ on the backs of the poor.

    By abdicating its founding principles for alleviating global poverty, the World Bank has taken a lead role among multilateral financial institutions in denying vast financial resources to poorer countries. It has hypocritically vetoed the right of developing countries to adopt the path of economic growth and environmental improvement that the now-rich countries had taken up successfully since the industrial revolution two centuries ago. The Bank’s obsessive support for intermittent, low-yield renewable energy such as solar and wind power comes at the cost of its central charter to help the poor, an outcome that can only be described as egregiously unjust.

    The UN Intergovernmental Panel on Climate Change

    The UN IPCC issued a news release on December 6th prior to the start of a “scoping” meeting in Kuala Lumpur of over 230 experts from 70 countries to draft outlines of working group contributions to the UN IPCC’s 7th Assessment Report (to be completed in 2029). In the press release, the IPCC claimed that human combustion of fossil fuels “has resulted in more frequent and more intense extreme weather events that have caused increasingly dangerous impacts on nature and people in every region of the world.” This is contrary to the IPCC’s position hitherto, which is that almost all types of extreme weather events cannot be attributed with confidence to human activity. 

    The position of the IPCC regarding the lack of any link between climate change and extreme weather events is contrary to the almost daily headlines in the mainstream media attributing specific adverse weather events to “climate change.”  The work of eminent climate policy analysts  Steve Koonin and Roger Pielke Jr. has done much to expose the pseudoscientific nature of what has been called “attribution studies.” These typically involve researchers who apply their climate models and historical observations to conclude that any particular weather event (say a hurricane or a drought) was made “more likely” or “more severe” by some magnitude in percentage units due to “human influence” (referring to the combustion of fossil fuels).

    Based on the dubious claims of “attribution science,” New York Gov. Kathy Hochul signed a climate law last week that will require companies operating in New York state responsible for large amounts of planet-warming pollution to contribute to climate damage repair efforts. Under the new state law, companies responsible for the bulk of emissions from 2000 to 2018 will be on the hook for some $3 billion a year over the next 25 years.

    Steve Koonin cites the World Meteorological Organization that states that “any single event, such as tropical cyclone cannot be attributed to human-induced climate change, given the state of scientific understanding.” The IPCC’s “Special Report on Extreme Events” states that “Many weather and climate extremes are the result of natural climate variability…Even if there were no anthropogenic changes in climate, a wide variety of natural weather and climate extremes would still occur.”

    Nonetheless, international organizations such as the World Bank and the IPCC have been increasingly politicized to serve climate hysteria. In this context, Chris Morrison of The Daily Sceptic finds that “[f]ears are growing that the IPCC could water down or even ditch its current finding that almost all types of extreme weather events have little or no sign of past human involvement, or any going forward to 2100.”

    International Energy Agency

    On December 23rd, U.S. Senator John Barrasso (R-WY), ranking member of the Senate Committee on Energy and Natural Resources, released a report documenting how the International Energy Agency “has moved away from its energy security mission to become an “energy transition” cheerleader.” The report finds that the “French President Macron’s observation that IEA has become the ‘armed wing for implementing the Paris Agreement’ is regrettably true. With the many serious energy security challenges facing the world, however, IEA should not be a partisan cheerleader. What the world needs from IEA—and what it is not receiving now—is sober and unbiased analyses and projections that educate and inform policymakers and investors. IEA needs to remember why it was established and return to its energy security mission.”

    The divergence of the IEA away from its original mission to advise policymakers in its member countries with sound analysis of trends in global energy supply and demand to becoming a “cheerleader” for radical net zero emission policy targets has not gone unnoticed over recent years. I have written on the ideological approach adopted by the IEA in its advocacy for green causes here, here, and here.

    When the organization issued a call for the cessation of all future investments in developing fossil fuel resources in May 2021, this is what I wrote:

    It is a month since the International Energy Agency – the rich world’s energy advisory body established in the wake of the oil price shock of 1973 — issued its astonishing report calling for the end to all new investments in oil and gas (let alone coal) from 2021. As expected, the IEA “road-map” elicited widespread media coverage and strong reactions, ranging from gushing support from those convinced of a “climate emergency” to outright dismissal, as in the case of the Saudi oil minister who called the report a sequel to “La La Land.” 

    When ideological advocacy becomes the measure of achievement for the IEA, the loss of credibility and soundness of its policy advice is only to be expected.  The IEA’s messianic fervour for green technologies such as solar and wind power, “green” hydrogen, batteries and electric vehicles prevents it from asking basic questions. If it is true that drastically cutting back on fossil fuels is consistent with higher economic growth and increased productive employment, why does the IEA recommend policymakers to force countries along “net-zero” pathways? Surely, if replacing fossil fuels with wind and solar energy and electric vehicles promote growth and employment, then wouldn’t countries such as China and India naturally race towards this best of all possible worlds without expensive green subsidies and punitive anti-fossil fuel policies?

    The Trumpian Revolution Looms

    Non-profit organizations reflect the needs of their funding members, and organizations such as the World Bank, IPCC and IEA are no different. As their funding is primarily from the US and EU, it is not surprising that they manifest the “climate emergency” predilections of the Biden administration and the largely left-socialist West European governments which see climate change as an existential threat and a national security priority. In taking up the mantle of green advocacy on behalf of their paymasters, these organizations have lost all credibility as independent and objective advisors for their member countries.

    The climate industrial complex fears the prospect of the Trump administration’s pullout of the Paris agreement for the second time. Politico, a reliable mouthpiece for the climate establishment, expressed these fears soon after Mr. Trump’s election victory: “The world is bracing for President-elect Donald Trump to withdraw the U.S. from the Paris climate agreement for the second time — only this time, he could move faster and with less restraint.” In Europe, the emergence of populist parties  have been partly propelled by the widespread rejection by EU citizens of the onerous fiscal burdens imposed by green policies. 

    The seismic change in policy direction that a second term “drill, baby, drill” Trump administration promises for the global climate juggernaut – represented by the three leading international agencies covered here – can only be seen as hopeful as we look forward to positive developments in energy policy in 2025.

    Dr. Tilak K. Doshi is an economist, a former contributor to Forbes and a member of the C02 Coalition. Follow him on Substack and X.

    Tyler Durden
    Tue, 01/07/2025 – 17:00

  • AI Chatbot Startup Anthropic Valued At $60bln In New Funding Round
    AI Chatbot Startup Anthropic Valued At $60bln In New Funding Round

    AI startup Anthropic, another OpenAI ChatGPT rival with its AI assistant Claude, is reportedly in talks to raise $2 billion, which would value the chatbot startup at a whopping $60 billion. 

    According to The Wall Street Journal, sources familiar with the matter revealed that Lightspeed Venture Partners is leading the funding round. 

    Last fall, Amazon agreed to invest up to $4 billion in Anthropic for a minority stake in the startup, bringing its total investment since 2023 to $8 billion. Amazon’s November investment was a convertible note. 

    Other investors in Anthropic include Google, Menlo Ventures, Wisdom Ventures, Ripple Impact Investments, and Factorial Funds.

    Several months ago, Microsoft-backed OpenAI raised $6.6 billion at a $157 billion valuation. Last month, Elon Musk’s xAI raised $6 billion from BlackRock, Fidelity, and Sequoia Capital at a $40 billion valuation. 

    An individual familiar with Anthropic’s annualized revenue—an extrapolation of the next 12 months’ revenue based on recent sales—stated that this figure recently reached $875 million.

    The Anthropic deal would make it the fifth-most valuable US startup, trailing SpaceX, OpenAI, Stripe, and Databricks, according to data from CB Insights. The company was valued at $18 billion in a round led by Menlo Ventures last year.

    Meanwhile, Anthropic CEO Dario Amodei penned an op-ed in WSJ on Monday, emphasizing, “The nations that are first to build powerful AI systems will gain a strategic advantage over its development,” adding, “Incoming Trump administration officials can take steps to ensure the U.S. and its allies lead in developing this technology.” 

    Sustaining these lofty valuations is troubling, given that many of these AI startups are operating at a loss. OpenAI’s Sam Altman admitted on X on Sunday that his company continues to lose money.

    Tyler Durden
    Tue, 01/07/2025 – 16:40

  • Trump Not Ruling Out Using Military Force To Reclaim Panama Canal, Greenland
    Trump Not Ruling Out Using Military Force To Reclaim Panama Canal, Greenland

    Authored by Emel Akan via The Epoch Times,

    President-elect Donald Trump said on Tuesday that he would not rule out the possibility of using military force to take control of the Panama Canal and Greenland, emphasizing their strategic significance to U.S. national security.

    Speaking at a press conference at his Mar-a-Lago resort, Trump said that he “cannot assure” that military or economic coercion would not be used to take control of these two strategic locations, in response to a question.

    “No, I can’t assure you on either of those two, but I can say this, we need them for economic security,” Trump responded.

    “It might be that you’ll have to do something. Look, the Panama Canal is vital to our country. It’s being operated by China. We gave the Panama Canal to Panama. We didn’t give it to China, and they’ve abused it. They’ve abused that gift.

    Trump in recent social media posts expressed his frustration over China’s expanding influence in the canal, despite it having been built by the United States more than 110 years ago at great financial and human cost.

    The Panama Canal, which opened in 1914 after a decade of construction led by the United States, was gradually handed back to Panama under a 1977 treaty signed by President Jimmy Carter.

    During his speech, Trump criticized Carter for handing over the Panama Canal.

    “Carter gave it to them for $1. … I thought it was a terrible thing to do. It was the most expensive structure ever built in the history of our country,” Trump said.

    The president-elect said that this action cost Carter the election in 1980.

    In 1999, Panama assumed full control of the canal, which has since become one of the busiest shipping routes in the world, connecting the Atlantic and Pacific oceans.

    Construction of the canal, however, came at a high human cost. Official estimates suggest that around 5,600 workers died during the U.S.-led effort to build the canal. Additionally, nearly 22,000 people are estimated to have died during an earlier French-led construction attempt.

    Trump reiterated that 38,000 people died during the waterway’s construction.

    “They laugh at us because they think we’re stupid, but we’re not stupid anymore. So the Panama Canal is under discussion with them right now,” Trump said during the press conference.

    Trump also said the United States needs Greenland, an autonomous territory of Denmark, for “national security purposes.”

    “People have been talking about it for a long time. You have approximately 45,000 people there,” Trump said.

    “They should give it up, because we need it for national security. That’s for the free world. I’m talking about protecting the free world.

    “You have China ships all over the place. You have Russian ships all over the place. We’re not letting that happen. We’re not letting it happen.”

    Trump questioned whether Denmark has any right over Greenland.

    “The people are going to probably vote for independence or to come into the United States,” he said.

    If Denmark rejected the U.S. proposal, Trump said, he “would tariff Denmark at a very high level.”

    In recent social media posts, Trump has floated the idea of taking control of Greenland and the Panama Canal and proposed making Canada the 51st state in order to protect U.S. national security.

    Under the separate 1977 Neutrality Treaty, Panama and the United States agreed that the waterway would remain permanently neutral with fair access and tolls for all countries. Hence, any Chinese challenge to this pact may require the United States to employ military force.

    In recent years, U.S. military commanders have expressed grave concern over Beijing’s increasing military and technology presence in Latin America, including Panama.

    In 2017, Panama cut long-standing diplomatic ties with Taiwan to establish closer ties with China. It also became the first Latin American country to endorse Beijing’s infrastructure plan, the Belt and Road Initiative. Since then, Chinese companies have been heavily involved in logistics and infrastructure projects near the canal, including port operations on both ends of the waterway.

    Trump earlier criticized what he called the “exorbitant” fees Panama has been charging the United States, its Navy, and U.S. corporations for passage.

    On Dec. 22, Panamanian President José Raúl Mulino responded to Trump’s social media posts about the Panama Canal by saying that “every square meter” of the canal belongs to his country.

    In a televised address, Mulino said that Panama’s sovereignty and independence were non-negotiable.

    Trump quickly replied, “We’ll see about that!”

    In a Dec. 22 post, Trump also shared an image of the U.S. flag flying over the Panama Canal with the text “Welcome to the United States Canal!”

    Trump’s offer to buy Greenland is not new. He first proposed the idea in 2019, but it was rejected by Danish Prime Minister Mette Frederiksen, who called it “absurd.”

    In response, Trump canceled a planned visit to Denmark, calling Frederiksen’s remarks “nasty” and “inappropriate.”

    Trump later indicated to reporters that his idea was normal by referencing past U.S. efforts to purchase the strategic island, including Harry Truman’s proposal to buy it for $100 million in 1946.

    According to Trump’s former national security adviser Robert O’Brien, the territory is expected to become increasingly important in the coming years.

    “It’s strategically very important to the Arctic, which is going to be the critical battleground of the future,” O’Brien told Fox News on Dec. 29, adding that “the Russians and Chinese are all over the Arctic” and that Denmark is unable to adequately defend the vast island.

    On Dec. 22, Trump announced his appointment of PayPal co-founder Ken Howery as the U.S. ambassador to Denmark. In his message, Trump reiterated his idea to take ownership of Greenland.

    “For purposes of National Security and Freedom throughout the World, the United States of America feels that the ownership and control of Greenland is an absolute necessity,” he wrote.

    Howery, who served as the U.S. ambassador to Sweden during Trump’s first term, will represent U.S. interests in the region, Trump said.

    Hours after Trump’s statement, the Danish government announced a substantial increase in defense spending for Greenland, pledging at least $1.5 billion.

    Greenlandic Prime Minister Mute Egede said in a statement: “Greenland is ours. We are not for sale and will never be for sale.

    “We must not lose our long struggle for freedom.”

    Tyler Durden
    Tue, 01/07/2025 – 16:20

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Today’s News 7th January 2025

  • US Carriers Remain A Vital Power Projection Tool Despite Emerging Threats
    US Carriers Remain A Vital Power Projection Tool Despite Emerging Threats

    Authored by Mike Fredenberg via The Epoch Times,

    Recent friendly fire incidents in the Red Sea—resulting in the loss of one Super Hornet and the near-destruction of another—underscore the growing risks faced by U.S. naval assets. Early reports suggest that a U.S. cruiser mistakenly launched air defense missiles to protect the USS Truman, a Nimitz-class carrier. Deploying a carrier of this size in the confined waters of the Red Sea raises questions about the future deployment of these vessels amid escalating threats.

    For decades, U.S. aircraft carriers have been unparalleled symbols of military might. Beyond their function as mobile airbases, they represent sovereign U.S. territory, capable of projecting power globally. Since World War II, no class of ship has played a more pivotal role in U.S. military strategy.

    The Unique Strategic Value of Carriers

    U.S. carriers are in a league of their own; no other nation’s fleet comes close to matching their scale, capability, or influence. Historically, carriers have operated with relative safety. Even during the Cold War, when Soviet submarines and supersonic anti-ship cruise missiles posed potential risks, the carriers’ strategic value deterred direct attacks. Any significant assault on a U.S. carrier was widely understood as an act of war against the United States.

    The extraordinary investment in these vessels—with modern carriers costing over $10 billion and housing more than 5,000 personnel—elevates their importance. Their symbolic and strategic value means that an attack on a carrier would carry profound political and military consequences. While a U.S. president might downplay an attack on a destroyer, the same cannot be said for a carrier.

    Advances in Technology and Escalating Threats

    Although a maneuvering carrier in open waters remains a challenging target, emerging technologies and rising military powers pose increasing risks. Drones, in particular, represent a growing threat. In confined waters like the Red Sea, where widths range from 220 miles at their broadest to just 16 miles at their narrowest, carriers are more vulnerable. While airborne drones may not be capable of sinking a carrier, coordinated drone swarms could cripple flight operations and destroy carrier aircraft. Seaborne drones, including submersibles armed with large explosive payloads, also present significant risks.

    In addition, China’s advancements in satellite technology have enhanced its ability to locate and track U.S. naval vessels over long distances. This improved capability extends China’s “kill chain,” enabling its long-range anti-ship ballistic and cruise missiles to target carriers with greater precision. These developments limit the tactical freedom U.S. carriers once enjoyed, especially in scenarios involving a potential blockade or invasion of Taiwan.

    Submarine and Missile Threats

    Carriers have long been vulnerable to submarines, particularly nuclear-powered ones fielded by Russia and China.

    These submarines, now benefiting from enhanced satellite support, can pose significant threats in wartime.

    While U.S. carriers retain their immense utility in projecting power, their operations will likely be more constrained when engaging peer competitors like China and Russia.

    The Role of Carriers in Future Conflicts

    Despite these challenges, carriers remain invaluable. Their ability to deliver air support, deter adversaries, and project U.S. influence ensures their continued relevance. However, their deployment strategies must adapt to emerging threats. Operating in confined or contested waters will place greater demands on supporting vessels tasked with carrier defense. Moreover, the increasing sophistication of adversarial technologies necessitates ongoing innovation to maintain the carriers’ strategic edge.

    While the future may bring new risks, the unique capabilities of U.S. carriers ensure they will remain central to American military power for the foreseeable future.

    However, their operational freedom will depend on evolving strategies to address threats from drones, submarines, and advanced missile systems.

    Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times or ZeroHedge.

    Tyler Durden
    Mon, 01/06/2025 – 23:25

  • Overall Trust In Election Process Rebounded In 2024
    Overall Trust In Election Process Rebounded In 2024

    Today marks four years since the U.S. Capitol riots of January 6, 2021.

    Pew Research Center conducted a poll on the topic in November 2020 and again in November 2024, in light of the latest election round.

    As Statista’s Anna Fleck shows in the chart below, the poll found that in 2024, voters were generally positive about how the elections were conducted and had more confidence in the results than in 2020. This change was largely driven by the sentiments among Republican Party voters.

    Infographic: Overall Trust in Election Process Rebounded in 2024 | Statista

    You will find more infographics at Statista

    In 2020, just 64 percent of Republican voters were confident that in-person ballots had been counted correctly. This figure shot up to 94 percent when survey participants were asked the same question in 2024 (after Trump won the vote), overtaking the confidence levels of Harris voters. Republican voters were even more skeptical of absentee or mail-in ballots in 2020, with only one in five saying that they were confident that such votes were counted correctly. This jumped to seven in ten (72 percent) in 2024.

    It stands to reason that a higher share of voters will want to believe that their chosen candidate wins – something reflected in the responses of both parties of voters.

    In 2020, 98 percent of Democratic Party voters thought the in-person ballots were counted correctly and 95 percent thought the same for absentee and mail-in votes.

    While these figures dropped when Trump was elected in 2024, a large majority of Democratic Party in-person and mail-in voters still had confidence in the voting system and believed the outcome.

    Even though 72 percent of Republican voters were at least somewhat confident that mail-in votes were counted correctly in the 2024 election, the figure is 6 percentage points lower than their counterpart respondents.

    Tyler Durden
    Mon, 01/06/2025 – 23:00

  • Collapsing Empire: RIP CIA Front's 'Overt Operations'
    Collapsing Empire: RIP CIA Front’s ‘Overt Operations’

    Authored by Kit Klarenberg via ‘Global Delinquents’ blog,

    In recent months, a remarkable development in the Empire’s decline has gone almost entirely unnoticed. The National Endowment for Democracy’s grant database has been removed from the web. Until recently, a searchable interface allowed visitors to view detailed records of Washington-funded NGOs, civil society groups, and media projects in particular countries – covering most of the world – the sums involved, and entities responsible for delivering these initiatives. This resource has now inexplicably vanished, and with it, enormous amounts of incontrovertible, self-incriminating evidence of destructive US skullduggery abroad.

    Take for example NED grant records for Georgia, the site of recent repeated colour revolution efforts, at the forefront of which were Endowment-bankrolled organisations. While still accessible via internet archives, they were deleted during the summer. Today, visitors to associated URLs are redirected to a brief entry simply titled “Eurasia”. The accompanying text describes in very broad terms the Endowment’s aims regionally and the total being spent, but the crucial questions of where and on what aren’t clarified. In a comic hypocrisy too, the blurb boldly states:

    “The heart of NED’s work in the region is the need to maintain access to objective information for local populations. Across the region, government actors are attempting to limit the space for citizens to distribute information and communicate freely online.”

    Resultantly, independent academics, activists, researchers, and journalists have been deprived of an invaluable resource for tracking and exposing the Empire’s machinations. Yet, the Endowment incinerating its public paper trail can only be considered a significant victory for these same actors. NED’s explicit and avowed raison d’être was to do publicly what US intelligence did – and in many cases still does – covertly. Now, after 40 years of wreaking havoc worldwide in service of the Empire, the CIA front has been forced underground, defeating its entire purpose. How long can it now survive?

    NED’s ‘Eurasia’ entry

    ‘Spyless Coups’

    NED was founded in November 1983, after the CIA became embroiled in a series of embarrassing public scandals. Then-Agency director William Casey was central to its construction. His objective was to create a public mechanism to conduct traditional CIA meddling overseas, except out in the open. Ever since, the Endowment has financed countless opposition groups, activist movements, media outlets, and trade unions to the tune of untold millions to engage in propaganda and political activism, to disrupt, destabilize, and displace ‘enemy’ regimes the world over.

    The NED’s true nature was openly acknowledged by the mainstream media for many years. In June 1986, longtime Endowment president Carl Gershman told the New York Times, “it would be terrible for democratic groups around the world” to be subsidized by the CIA. Past exposure of such connivances meant they had been “discontinued”, and farmed out to NED. Several high-ranking interviewees strenuously denied there was any connection between NED and the Agency, although the outlet acknowledged many Endowment programs seemed “superficially similar” to past CIA operations.

    At this time, NED was hard at work killing off Communism in the Soviet Union, Warsaw Pact, and Yugoslavia. This included for instance enormous investment in Poland’s famous Solidarity trade union, which became a global emblem of anti-Communist resistance. In September 1991, the Washington Post published a highly laudatory appraisal of these efforts, stating the “political miracles” the Endowment achieved in the former Soviet sphere had ushered in a “new world of spyless coups” and “innocence abroad”:

    “The old era of covert action is dead. The world doesn’t run in secret anymore. We are now living in the age of Overt Action…When such activities are done overtly, the flap potential is close to zero. Openness is its own protection. Covert funding for these groups would have been the kiss of death, if discovered. Overt funding, it would seem, has been a kiss of life.”

    NED proceeded to take down a number of governments throughout the 1990s and 2000s, very overtly. In many cases, mainstream outlets published highly revealing accounts detailing precisely how. In Ukraine in November 2004, Endowment-trained and bankrolled activists forced a rerun of that year’s presidential election to install a pro-Western puppet. As The Guardian jubilantly reported, the entire effort was “an American creation” and “sophisticated and brilliantly conceived exercise in Western branding and mass marketing,” which had been repeatedly deployed in the new millennium to “topple unsavoury regimes”:

    “Funded and organised by the US government, deploying US consultancies, pollsters, diplomats, the two big American parties and US non-government organisations…the operation – engineering democracy through the ballot box and civil disobedience – is now so slick that the methods have matured into a template for winning other people’s elections.”

    ‘Kiss of Death’

    The next year, USAID published a glossy magazineDemocracy Rising, bragging extensively about how it and NED were fundamental to a wave of insurrectionary upheaval in Georgia, Kyrgyzstan, Lebanon, Yugoslavia, and elsewhere during the first years of the 21st century. Fast forward to February 2014, and Ukraine’s government once again fell victim to an Endowment-orchestrated coup, in the form of the Maidan ‘revolution’. Yet, the media either ignored the irrefutable US role in fomenting the upheaval, or dismissed the proposition as “Russian disinformation” or conspiracy theory.

    This is despite; contemporary polls never showing majority Ukrainian support for the Maidan protests; ousted President Viktor Yanukovych remaining the most popular politician in the country until his last day in office; every actor at Maidan’s forefront, including the individuals who started the demonstrations, receiving NED or USAID funding; leaders of Washington-financed organizations in the country openly advertising their desire to overthrow Yanukovych in the years prior; and the Endowment pumping around $20 million into the country in 2013 alone.

    A Maidan crowd

    This mass omertà, which has intensified since, may be attributable to ever-rising hostility towards NED by foreign governments and populations, and associated efforts to restrict or outright proscribe the organization. The reality of the Endowment’s raison d’être and modus operandi has thus not only become unsayable, but must be vehemently denied by Western journalists. Representatively, a July 2015 Guardian report on Russia banning NED quite unbelievably relied on a brief quote from the Endowment’s own website to describe its operations.

    While the mainstream media may have remained silent on the NED’s mephitic influence overseas over the past decade, the same is not true of dissident academics, activists, researchers, and journalists. The Endowment grant database served as an invaluable tool for keeping a close eye on Washington’s international intrigues, and mapping the personal and organisational connections of NED-sponsorsed agents and entities of influence. Meanwhile, the Enowment’s status as a CIA front could be simply proven, via multiple public admissions of its own leaders.

    Whenever protests erupted somewhere in the world and received widespread Western news coverage, concerned citizens could consult the NED grant database and find in the overwhelming majority of cases, most if not all individuals and groups quoted in media reports were in receipt of Endowment funding. While impossible to quantify, it would be unsurprising if dissident voices calling attention to this fact have helped avert colour revolution efforts, disrupted meddling campaigns, protected popular governments and political figures, and more.

    Of course, despite NED brazenly purging evidence of its vast operations from the web, that conniving continues apace regardless – now, covertly. One might even argue the Endowment’s chicanery is all the more dangerous resultantly, given individuals and organizations can conceal their funding sources. But the move amply shows NED today cannot withstand the slightest public scrutiny, which its existence was intended to exemplify. It also demonstrates that “overt operations” with open US funding are now the very “kiss of death” the Endowment was meant to replace. The Empire is on the run.

    *  *  *

    All my investigations are free to access, thanks to the generosity of my readers. Independent journalism nonetheless requires investment, so if you took value from this article or any others, please consider sharing, or even becoming a paid subscriber. Your support is always gratefully received, and will never be forgotten. To buy me a coffee or two, please click this link.

    Tyler Durden
    Mon, 01/06/2025 – 22:35

  • Alan Dershowitz: Lawfare Against Trump & Allies "Worse Than Stalinism"
    Alan Dershowitz: Lawfare Against Trump & Allies “Worse Than Stalinism”

    On Saturday evening, President-elect Donald Trump and dozens of others screened a new documentary, “The Eastman Dilemma: Lawfare or Justice,” which decries the use of “lawfare” against Trump’s allies who questioned election integrity in 2020. 

    Alan Dershowitz, a retired Harvard Law professor, told the audience at Mar-a-Lago during the screening event that the lawfare against Trump was “worse than Stalinism.” 

    Dershowitz left the audience with a message:

    Fight back fairly. Use the law. And I can help you do that. We can fight back fairly. We can fight back in a way that makes it clear that we respect the law. We will not use lawfare against lawfare. We will use the Constitution and the rule of law.” 

    Epoch Times senior editor Jan Jekielek released Dershowitz’s speech on X.

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    An earlier note titled In New Film, Former Trump Attorney Details Struggles of Conservative Lawyersby Epoch’s Emel Akan provided more color into the new film… 

    In a new documentary, constitutional scholar John Eastman argues that in recent years, the United States has seen the rise of a “two-tiered justice system” in which the legal system has unfairly targeted lawyers representing conservative clients.

    In the new film “The Eastman Dilemma: Lawfare or Justice,” he argues that lawyers who defended President Donald Trump and other conservative figures after the 2020 election faced harsh penalties for questioning election integrity—penalties he believes would not be applied if those on the left made similar claims.

    Eastman, a former law professor, gained national attention for advising Trump on constitutional challenges to election procedures in several key battleground states following the 2020 presidential election. He has faced both disbarment and criminal charges related to his role.

    The documentary, which will premiere on Jan. 4 at Trump’s Mar-a-Lago resort, aims to shed light on the problems he and other lawyers have faced.

    Alongside Eastman, the movie also features Alan Dershowitz, a retired Harvard Law professor, and Jeffrey Clark, a senior Justice Department official in the Trump administration.

    “For the last three years, everybody that was involved in raising the serious challenge to illegality in the 2020 election has been targeted for lawfare, criminal prosecutions, and bar disbarment proceedings,” Eastman told The Epoch Times.

    He posits that the goal of these efforts has been not only to get lawyers disbarred but also send a message so that no one will dare take on such challenges in the future.

    “The purpose of the movie is to expose that lawfare, but also to put together a brief summary of the evidence of illegality that occurred in the 2020 election, so people can know that we weren’t making this stuff up,” Eastman said.

    He calls these actions against him and other lawyers “unjustified and unprecedented.”

    “I’d like Americans to understand that what we did was in defense of the Constitution,” Eastman said. “I want people to learn about it and to come away angry, so that it never happens again.”

    In 2020, he was invited to join an election integrity working group organized at Trump’s request. The group was formed in anticipation of post-election litigation related to the presidential race. On Dec. 6, 2020, Eastman received a formal engagement letter for legal services defining the scope of the agreement.

    Eastman is facing criminal charges in both Georgia and Arizona related to his alleged role in efforts to challenge the results of the 2020 presidential election.

    Following 35 days of trial, a California state bar court judge found in March 2024 that “Eastman’s wrongdoing constitutes exceptionally serious ethical violations warranting severe professional discipline” and recommended his disbarment.

    Judge Yvette Roland ruled that Eastman, who had held his California law license for more than 26 years, broke ethics rules by advancing Trump’s challenges to the integrity of the 2020 election.

    “His lack of insight into the wrongfulness of his misconduct is deeply troubling,” she wrote.

    Eastman has also been allegedly de-banked by Bank of America and USAA.

    In an interview in April 2024, Eastman told The Epoch Times that both banks had decided to close his accounts and discontinue doing business with him, without offering an explanation. Eastman believed that these actions were connected to his role in advising Trump.

    Bank of America spokesperson Bill Halldin denied the claims of alleged de-banking.

    “Due to privacy rules, we don’t comment on client accounts. However, I can say that political views are not a factor in any account closing,” Halldin told The Epoch Times in an email on Jan.3.

    USAA did not respond to the request for comment by the time of publication.

    Eastman once clerked for Supreme Court Justice Clarence Thomas.

    He is a former dean of Chapman University Law School and a visiting professor at the University of Colorado. He also had to sever ties with both institutions in January 2021.

    “They both canceled me in the same week,” Eastman said. “I’ve been disinvited from conferences and removed from publications.”

    Despite the challenges of the past three years, Eastman says he has never doubted that it was worth it. Though he still spends nearly all his time defending himself, he remains hopeful that 2025 will bring an end to his struggles.

    “I very much look forward to having this stuff past me so I don’t have to devote nearly full time to defending myself.”

    “The Eastman Dilemma: Lawfare or Justice” will be released on Jan. 6. Between 400 and 500 guests are expected to attend the film premiere event at Mar-a-Lago on Jan. 4.

    Tyler Durden
    Mon, 01/06/2025 – 22:10

  • Mike Pence's Role In J6
    Mike Pence’s Role In J6

    Authored by Jeff Carlson and Hans Mahncke via TruthOverNews.org,

    Most of us have known all along that the January 6th Insurrection narrative was a hoax – albeit a very effective one – that was perpetrated by the Left. But there’s someone else whose actions on that fateful day have escaped the close scrutiny they deserve. A man whose seemingly perfectly-timed actions may have played a greater role in the events of that day than any other single individual.

    We’re talking, of course, about the actions of Trump’s former vice president, Mike Pence. While many know that Pence later played down allegations of voter fraud and certified Biden’s Presidency, few are fully aware of Pence’s actions on and leading up to that fateful day.

    On Dec. 22, 2020, Pence spoke at a Turning Point USA event in West Palm Beach where he told the crowd that “as our election contest continues, I’ll make you a promise. We’re going to keep fighting until every legal vote is counted. We’re going to keep fighting until every illegal vote is thrown out. We’re going to win Georgia, we’re going to save America and we’ll never stop fighting to make America great again. You watch.”

    But Pence wasn’t done firing up supporters of President Trump who hoped the election could be successfully challenged. Two days prior to the events at the Capitol, during an impassioned speech on Monday, Jan 4, 2021, Pence urged Georgia Republicans to vote for Senators David Perdue and Kelly Loeffler while reassuring the enthusiastic crowd that he “stands with President Trump”.

    Pence assured the crowd that he would use his position as president of the Senate to review the 2020 election, telling the cheering masses that “We’ve all got our doubts about the last election. I want to assure you, I share the concerns of millions of Americans about voting irregularities. And I promise you, come this Wednesday, we’ll have our day in Congress. We’ll hear the objections. We’ll hear the evidence.”

    The crowd roared its approval:

    Despite his fiery rhetoric, Pence knew his words were almost certainly hollow at the time that he said them.

    A last gasp lawsuit – that we thought was actually quite good – was filed by Texas AG Ken Paxton on December 8, 2020, challenging the many uncon­sti­tu­tion­al changes to 2020 elec­tion laws in key battleground states. Instead of focusing on election fraud, Paxton highlighted how four states exploited Covid and the subsequent shutdown to justify ignoring federal and state election laws and unlawfully enacting last-minute changes, thus skewing the results of the 2020 General Election.

    Paxton’s lawsuit also noted how these battleground states flooded their citizens with unlawful ballot applications and ballots while ignoring statutory requirements as to how those were received, evaluated and counted. It was a very good lawsuit. It was also almost immediately rejected by the Supreme Court – who apparently wanted no part in deciding the outcome of the election. That rejection marked the true end of any election challenges.

    The day after Pence’s Georgia speech, on the morning of January 5, 2021, President Trump sent a tweet stating that “The Vice President has the power to reject fraudulently chosen electors.” There was no public response from Pence, although that afternoon the New York Times ran a story alleging that Pence had told Trump at lunch that day that “he did not believe he had the power to block congressional certification of Biden’s victory.”

    But that story was quickly refuted by Trump, who issued a statement claiming Pence had “never said that. Trump continued, declaring that “The vice president and I are in total agreement that the vice president has the power to act.” Trump said that Pence had “several options under the U.S. Constitution. He can decertify the results or send them back to the states for change and certification. He can also decertify the illegal and corrupt results and send them to the House of Representatives for the one vote for one state tabulation.”

    Throughout all of this, Pence said nothing publicly.

    Neither Pence nor his office made any statement refuting the President’s claim or restating Pence’s position—until the following day when Trump was giving his Capitol speech, which began at noon on Jan. 6th.

    At 12:53, just minutes before a joint session of Congress was to elect a president – and while Trump was still giving his speech – Pence’s office released a letter to members of Congress stating his position on electoral certification for the first time publicly, saying, “I do not believe that the Founders of our country intended to invest the Vice President with unilateral authority to decide which electoral votes should be counted during the Joint Session of Congress.”

    Pence’s position that he lacked unilateral authority to decide which electoral votes should be counted was not an overtly unreasonable position. But Pence’s unexplained failure to clarify his position until Trump was near the end of his speech on Jan 6th was an issue. A big one.

    Pence’s statement to Congress was first released at 12:53 p.m. Four minutes later, individuals began jumping fencing located at 1st Street and at 12:58 p.m. a crowd broke “through fencing near the Peace Monument.” To make matters potentially more inflammatory, Pence also sent his statement out broadly in a tweet at 1:02 EST – exactly 10 minutes before Trump wrapped up his speech before a huge crowd of tens of thousands of people.

    At the exact moment of Pence’s tweet, fencing on the Capitol steps was breached. At 1:06 pm the joint session of Congress convened to count the electoral votes. At 1:12 pm Trump finished his speech at The Ellipse.

    Meanwhile, the situation at the Capitol continued to rapidly deteriorate and at 2:08 p.m. the Capitol was placed on lockdown. Between 2:11 and 2:18 p.m. the Capitol building was “breached” and at 2:18 p.m. the House called a recess during its debates over objections to the Arizona electoral votes.

    At 2:24, Trump sent a tweet stating that “Mike Pence didn’t have the courage to do what should have been done to protect our Country and our Constitution.” Two minutes later, at 2:26 pm, the Senate called a recess over an objection to the electoral votes from Arizona.

    That was the end of any legal objections and debates in Congress. At 2:38, President Trump sent out a tweet calling for peace in the Capitol, asking that everyone “Please support our Capitol Police and Law Enforcement. They are truly on the side of our Country. Stay peaceful!”

    By roughly 5:00 p.m., relative order was restored in the Capitol allowing the Senate to resume its proceedings at 8:06 p.m. and at 3:42 a.m. on Jan. 7, Pence certified the election results. Pence declared Biden the “President-Elect” with no further objections to the election results being heard.

    Following the certification of votes, Pence shared an “elbow bump” with speaker of the House Nancy Pelosi. Notably, Pence later said nothing in defense of conservative congressmen such as Ted Cruz and Josh Hawley when they were being demonized in the media for raising constitutional objections to the electoral votes—something that Democrats have done three times in the last two decades.

    On January 19th, Pence sent out a tweet noting that it had been his privilege to serve as “your Vice President these past four years.” No mention of Trump or his family was made. Two months later, Pence broke his silence on the events of January 6th, carefully recrafting his words from his fateful speech on January 4th in the process.

    Pence said that he had “pledged to ensure that all objections properly raised” during the electoral count process “would be given a full hearing before Congress and the American people.” Unsurprisingly, Pence blamed the events of January 6th for “depriving the American people of a substantive discussion in Congress about election integrity in America.”

    The brazenness of Pence in redefining his role was, and still remains, revolting. Why is it that Pence failed to openly state his intended position in the days leading up to January 6th? Why did Pence choose to give a speech just two days before Jan 6th in which he raised the possibility – and the hopes of tens of millions of his fellow citizens – that he would personally step in to assist in challenging the 2020 election outcome when he knew he wouldn’t do so?

    Pence understood the impact and results from his words when he proclaimed that he would fight until all illegal votes were thrown out. Pence understood what it meant when he told the American people that they would have their day in Congress.

    Worse still, Pence also understood the impact from his strategically timed reversal when he suddenly claimed that he lacked unilateral authority to decide which electoral votes should be counted.

    Mike Pence knew what would happen.

    Tyler Durden
    Mon, 01/06/2025 – 21:45

  • Bannon Goes Off On Musk Over "Social Credit Score" Changes On X
    Bannon Goes Off On Musk Over “Social Credit Score” Changes On X

    To say Steve Bannon is not a fan of Elon Musk would be putting it lightly.

    In 2023, the former White House chief strategist suggested that Musk is a “total and complete phony,” who is “owned lock, stock, and barrel by the Chinese Communist Party.”

    Then last week, after Musk and Vivek Ramaswamy sparked a firestorm of criticism over H-1B visas, Bannon said that Musk and other tech companies utilizing H-1B labor “want a tech feudalism.”

    And on Saturday, Bannon suggested that Musk has “masters in Beijing” during a Sunday episode of WarRoom in which Bannon discussed Musk’s decision to change the algorithm on X to reduce “negativity.”

    “This is the CCP. This is a social credit score,” said Bannon, adding “He’s got a glass jaw…he’s got the maturity of an 11-year-old. It’s obvious, he can’t take criticism.”

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    “One of his weaknesses is that he needs to be loved. He needs the masses to love him. He needs the masses to love him, you can tell when he’s on the stage, he needs that glory.”

    Bannon then circled back on the H-1B visa debate for which Musk started catching major shit from the right.

    So then when his apparatus turns against him, and particularly people that cheered him who said ‘hey, we hate what you’re doing to this country, we know now that you’re lying to us, bald-faced lie, these are not high-skilled people,’ and they turn, all of a sudden, he has to go to what is a Chinese credit score,” he continued.

    They have a digital ghetto. And to only have raised up what praises him. That is like the little boy’s mentally of ‘I want to be the superhero, I want to put the cape on and kind of skip around.'”

    It’s an absolute indication of immaturity, of not being able to deal with things as an adult. And that’s what you’re seeing being implemented on Twitter here,” Bannon said.

    Musk’s decision to change the X algorithm to “maximize unregretted user-seconds” has not gone over well – particularly among the ‘free speech absolutist’ crowd, which recoiled in shock during the H-1B visa debate when those critical of the program found themselves demonetized or outright banned from the platform.

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    Tyler Durden
    Mon, 01/06/2025 – 21:20

  • The Age Of Debt And Monetary Destruction
    The Age Of Debt And Monetary Destruction

    Authored by Daniel Lacalle,

    If you want to really understand the current monetary system and the risks and opportunities it creates, you must read “The Age of Debt Bubbles.” This is a comprehensive, informed, and thorough analysis of the current global monetary system.

    Debt bloats the global economy. Spending and debt, rather than savings and prudent investment, form the foundation of economic development. This debt-based system, where sovereign debt is allegedly the safest asset and governments continue to stretch their solvency ratios, is constantly generating boom and bust cycles. Through a meticulous examination of historical data and trends, this book analyses the risks posed by the ever-expanding debt bubbles.

    The book explains that debt has become a pervasive and inescapable feature of modern economies. The relentless pursuit of growth and profit with little equity involved has driven individuals, corporations, and governments to take on increasingly larger amounts of risk through indebtedness in exchange for lower returns, creating a fragile house of cards that is the root of all financial crises.

    The Era of Increasing Debt Bubbles and Economic Instability: “An In-depth Analysis of Debt Crises, Asset Bubbles, and the Role of Monetary Policy” offers a thorough and exhaustive exploration of contemporary monetary policy, debt-fueled bubbles, and the economic consequences they entail.

    There are two main sections in the book:

    The first part delves deeply into elucidating the intricate process of money creation within contemporary economies while also scrutinising the formation of debt bubbles. Here are some key points to consider:

    Banks create new money when making loans, expanding both sides of their balance sheet. Governments create new money through spending and borrowing. Banks need some capital to lend to the private economy. None is required to lend to money-printing governments. Even economists often misunderstand this process. Additionally, central bank reserves are not a constraint on bank lending; they are supplied on demand.

    This process of constant monetary expansion to justify the accumulation of risk is often referred to as “liquidity injections,” as if it were a much-needed blood transfusion, when most of the time it simply disguises rising debt and risks built into the financial system. The current monetary system disguises its tendency to create boom-bust cycles with newly created currency.

    This constant process of credit expansion can lead to malinvestment and economic distortions. Companies take increasing levels of debt to invest in businesses with fragile fundamentals, house prices rise well above affordability, credit card borrowing reaches all-time highs despite rising inflation and weaker real wage growth, and equity and bond valuations soar despite poor economic fundamentals… All these are manifestations of the risk of malinvestment and debt accumulation.

    Part two features chapters from senior policymakers offering perspectives on debt bubbles and modern central banking.

    Contributors include William White (former BIS official), Barbara Kolm (Austrian central bank VP), Lord Syed Kamall (former MEP), and Miguel Fernandez Ordoñez (former Bank of Spain Governor). Some of these contributors see the monetary system from a Keynesian perspective, giving the reader a balanced approach and different perspectives.

    This essential work highlights how most textbooks and economists misunderstand the creation of money in modern economies. The book correctly criticises central bank policies, which seem more focused on perpetuating and disguising bubbles than preventing them. The manipulation of interest rates is one of the most dangerous factors. Central banks cut interest rates to encourage credit growth, and this always leads to distortions in the economy. Furthermore, when monetary policy creates inflation, policymakers increase rates, hurting the last recipients of money more severely.

    Money creation is never neutral. It always disproportionately benefits the first recipient of new money, governments in particular, and negatively impacts the last recipients, real wages, and deposit savings. As such, the current monetary system is designed to penalise the most prudent savers and erode the purchasing power of the currency while rewarding excessive risk-taking and government fiscal irresponsibility.

    In periods of monetary expansion, the size of government in the economy rises as adding debt is rewarded and regulation forces banks to consider government debt as a zero-risk asset. However, in periods of monetary contraction, the size of government in the economy also increases because almost the entire burden of interest rate hikes and liquidity contraction falls on the shoulders of families and small businesses.

    The authors of this seminal work propose that the monetary policy framework of advanced countries requires fundamental reforms. They advocate for a system that shifts from an endless increase in reserves to a system of scarce reserves, akin to the gold standard. This would reduce central banks’ footprint in the economy and limit their effects on resource allocation. It is also crucial to limit the central banks’ links with government indebtedness to maintain independence, also reducing central bank balance sheets to maximise their ability to expand when truly needed. The authors also suggest that market forces should determine interest rates more than central bank policy, as malinvestment and asset bubbles primarily stem from artificially low interest rates.

    “The Age of Debt Bubbles” is an essential contribution to the debate on monetary policy and financial stability. It challenges conventional wisdom and offers alternative perspectives on issues that affect all of us.

    As Hayek said:

    “the past instability of the market economy is the consequence of the exclusion of the most important regulator of the market mechanism, money, from itself being regulated by the market process.”.

    This book is particularly timely because citizens are suffering persistent inflation after unprecedented central bank interventions, leading to all-time high asset prices but weaker real wage growth. If you want to understand money and why it matters to you, this is an essential read.

    *  *  *

    The Age of Debt Bubbles: An Analysis of Debt Crises, Asset Bubbles and Monetary Policy (Professional Practice in Governance and Public Organizations) Springer-Verlag GmbH, 2024, is available in all good bookstores and online shops.

    Tyler Durden
    Mon, 01/06/2025 – 20:55

  • Vacationing IDF Soldier Flees Brazil As He's Pursued For Gaza 'War Crimes'
    Vacationing IDF Soldier Flees Brazil As He’s Pursued For Gaza ‘War Crimes’

    In what may mark the start of a phenomenon echoing the enduring, worldwide pursuit of alleged rank-and-file World War II Nazi war criminals, an Israeli soldier vacationing with his family was forced to flee Brazil after a court directed police to investigate claims that he’d participated in war crimes in Gaza. Israeli foreign minister Gideon Sa’ar denounced the development, accusing Brazil of antisemitism.   

    The court’s move came in response to a complaint filed in Brazil by the Hind Rajab Foundation (HRF). The pro-Palestinian group, named after a five-year-old girl said to have been killed by an Israeli Defense Forces (IDF) tank firing on her family’s car, had reportedly submitted substantial documentation to the court, including photos, videos, and geolocation identifiers. Taken together, they were offered as proof that IDF soldier Yuval Vagdani has placed explosives that were used to level “entire neighborhoods” in Gaza last November.

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    “This individual actively contributed to the destruction of homes and livelihoods, and his own statements and behavior clearly align with the genocidal objectives in Gaza,” said HRF lead attorney Maira Pinheiro. According to Palestinian authorities, more than 45,800 Gaza residents have been killed in Israel’s enormously destructive war that followed the Oct. 7, 2023 Hamas invasion of Israel. Aside from Israeli military action, Palestinians are also menaced by malnourishment and disease as Israel thwarts the flow of food and supplies into the strip. 

    More to the point of Brazil’s interest in Vagdani: As of last August, Israel had damaged or destroyed nearly two-thirds of all buildings in Gaza — with the toll on housing unlike anything seen on Earth seen since World War II, according to a UN estimate via satellite analysis

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    The Israeli foreign ministry took credit for helping Vagdani flee Brazil before investigators could close in on him. Vagdani’s father told Israel’s Channel 12 that an Israeli diplomatic office messaged one of his son’s travel companions to tip him off that a warrant had been issued. Vagdani’s whereabouts are unknown as of this writing, but the Israeli government said he achieved a “swift and safe departure from Brazil.” On Oct. 7, he was reportedly at the Nova music festival that came under Hamas attack, but he managed to run multiple kilometers to safety.  

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    Deploying a common rhetorical tool used when the State of Israel and its military come under condemnation, Israeli foreign minister Gideon Sa’ar said Brazil’s move against Vagdani sprang from a hatred of all Jews. “What we are witnessing is a systematic and anti-Semitic campaign aimed at denying Israel’s right to self-defense. Countless international actors and many countries are complicit in this,” he said. 

    To identify alleged perpetrators of war crimes, the Hind Rajab Foundation has capitalized on IDF soldiers’ notorious sharing of videos showing them engaged in all manner of wanton destruction in Gaza, laughing as they unleash the instant demolition of enormous housing complexes or sadistically trash small shops. There’s even a disturbing, recurring theme of IDF soldiers wearing the dresses and underwear of displaced Palestinian women, a practice now carrying over to the IDF’s war in Lebanon: 

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    On Sunday, the Israeli government said IDF soldiers should take the Brazil situation as a warning against sharing videos and photos of their destructive exploits on social media. “The foreign ministry draws Israelis’ attention to posts on social media about their military service, and to the fact that anti-Israel elements may exploit these posts to initiate futile legal proceedings against them,” the foreign ministry said Sunday. Of course, if such legal proceedings were entirely “futile,” the Israeli government may not have been in such a hurry to help Vagdani escape from Brazil. 

    Brazil is one of 125 signatory-countries of the Rome Statute, the treaty that created the International Criminal Court (ICC). “Any country that has signed the statute is compelled to ensure that crimes such as war crimes, crimes against humanity and genocide must be investigated and their perpetrators must be brought to justice,” Pinheiro told Brazil’s Metropoles. The ICC has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant over their conduct of the Gaza war. Netanyahu has called the IDF “the most moral army in the world.” 

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    Tyler Durden
    Mon, 01/06/2025 – 20:30

  • The M-1 Abrams Main Battle Tank: A Symbol Of Dominance And Deterrence
    The M-1 Abrams Main Battle Tank: A Symbol Of Dominance And Deterrence

    Authored by John Mills via The Epoch Times,

    The M-1 Abrams main battle tank was championed by then-Army Chief of Staff Creighton Abrams in the early 1970s. Abrams had vowed never again that American tanks would be anything but dominant after his experience driving his regiment of Sherman tanks to relieve the surrounded American force in Bastogne in December 1944.

    The German tanks were far better armed and armored. The Abrams tank delivered dominance and overmatch by annihilating the most advanced Soviet tanks used by the Iraqis in 1991’s Battle of 73 Easting. The Chinese (and Russians) continue to study Desert Storm as their model of perfect warfare, and they know the decisive role of the M-1 tank well.

    Taiwan has sought M-1 tanks from the United States for years, and they were finally approved in 2019. As the cyber liaison from the Office of the Secretary of Defense to the Taiwan Ministry of National Defense (MND) for several years, M-1 tanks were routinely brought up as the first point of order in our regular bilateral cyber meetings. It was a bit of a stretch to connect M-1 tanks to cyber—but there is a nexus.

    M-1 ranks not only have the dominant firepower, mobility, and protection of any tank in existence but are also heavily connected to the cyber world. They are perhaps the most ferocious land domain and internet protocol endpoints ever created. It took years, but finally, the deal was consummated, and now the first 38 tanks have arrived in Taiwan. The Taiwanese army now has its hands on the best tank ever created with a proven combat record.

    Abrams Tanks Send Message of Deterrence, US Support

    The first M-1s were delivered to the Hsinchu, Taiwan-based Armor Training Command. Some will become training tanks; some will be the nucleus of the first M-1 armored battalion of the Taiwanese army. Delivering the M-1 tank was a strong signal of U.S. resolve.

    However, there has been hesitancy on the U.S. side over the M-1s. The issue was the “prickly” versus “prestige” debate. This was a basic math issue on defense spending with some American policy experts. “Prestige” weapons such as tanks, submarines, and ships consumed a higher percentage of the Taiwanese defense budget. This was a realistic concern during earlier days of lesser Taiwanese defense spending.

    One way to address both the “prickly” and “prestige” weapons was to increase Taiwanese defense spending. Taiwan’s Democratic Progressive Party has implemented seven straight years of defense spending increases, reaching over $20 billion in 2025.

    Both “prickly” weapons (drones and missiles) and “prestige” weapons have a role. Ukraine had few weapons, prickly or prestige, and made Ukraine look like an easy, 72-hour Desert Storm to Russia. Without any visible deterrence, Russia, a vassal of China, was seeing a green light to invade Ukraine. Having a disciplined and ready force of prestige weapons like the M-1 tank is a visible, demonstrative signal of deterrence that totalitarian countries like China see, respect, and incorporate into their invasion calculus.

    By late 2023, “prickly” weapons were bogging down the war, as both Russia and Ukraine faced small drones on the battlefield. But Ukraine was able to break out of this drone stalemate by using tank maneuver warfare (including M-1s) to counterattack and occupy a significant swath of Russia’s Kursk Oblast.

    The Taiwanese M-1 tanks are a strategic psychological operations message of deterrence and a powerful maneuver force to strike and destroy any possible Chinese beachheads on Taiwan’s west coast if an invasion occurs.

    Taiwan Waits for Delivery of Defense Equipment

    One question regarding the M-1 tank delivery to Taiwan is: Why did it take so long?

    There is a significant backlog of “prickly” and “prestige” weapons orders for Taiwan, and it’s a U.S. industrial base issue, not a Taiwanese issue. For M-1 tanks, the sole plant for new construction and refurbishment is in Lima, Ohio. With the war in Ukraine, interest in the M-1 has outpaced the plant’s capacity, which has languished and has been underutilized for almost 20 years.

    Ukraine, Poland, Romania, Australia, Egypt, Bahrain, and the U.S. Army are all jostling for slots in the production and refurbishment schedule, which squeezes Taiwan’s deliveries. U.S. missiles are also in high demand, straining the American defense industrial base.

    The good news is that Taiwan has started receiving some missile shipments. The first 100 Harpoon coastal defense missile launchers and 400 Harpoon Block II missiles arrived in September 2024, based on a 2020 order placed during Donald Trump’s first presidential term.

    HIMARS long-range rocket artillery, which has proven so effective in Ukraine, has partially arrived in Taiwan. This was also ordered in 2020, meaning about a four-year lead time. Beyond these missiles, there is still a long list of items that are already paid for by Taiwan and waiting for production and delivery.

    Chinese Penetration of LOGINK Shipping Software 

    China has been conducting an expanding set of Joint Sword exercises demonstrating a possible blockade or quarantine of Taiwan.

    During a meeting in September 2024 in Taiwan, Tzu-Yun Su, a research fellow and director of the Taiwan-based Institute for National Defense and Security Research, expressed concern that the Chinese regime might quarantine Taiwan within six months.

    LOGINK is an integrated platform of logistics data broadly used in the transportation community. This system is potentially being used, like port “spy” cranes, for monitoring U.S. war material shipments to Taiwan. A spokesman for the U.S. Transportation Command stated, “China is seeking to enhance its visibility into the global supply chain, including U.S. military logistics.”

    With communist China leveraging LOGINK, future shipments of the $22 billion-plus of the backlog of war material from the United States to Taiwan may be selectively targeted in the coming years.

    *  *  *

    Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times or ZeroHedge.

    Tyler Durden
    Mon, 01/06/2025 – 20:05

  • North Korea Launches Suspected Hypersonic Ballistic Missile In 1st Test Of 2025
    North Korea Launches Suspected Hypersonic Ballistic Missile In 1st Test Of 2025

    North Korea has for the past several months been ramping up missile tests, but on Monday Pyongyang launched a suspected hypersonic missile in its first such test-fire of 2025.

    South Korea’s Joint Chiefs of Staff (JCS) indicated it traveled approximately 1,100km (some 690 miles) into the East Sea after being launched at around 12 noon. This would be enough to reach US Pacific bases in locations like Guam.

    Via Reuters

    The timing appeared intent on sending a message, given that at that moment US Secretary of State Antony Blinken was in Seoul holding meetings with South Korean leadership amid an ongoing political crisis.

    While the JCS noted the rocket flew a shorter distance than is normal of intermediate-range ballistic missile, they said it was a suspected hypersonic, meaning it is so fast as to be difficult for modern defenses to intercept.

    Newsweek provides more of the regional context as follows:

    Monday’s launch was North Korea’s first since it fired a barrage of short-range ballistic missiles toward a similar area in November, just days ahead of the U.S. presidential election.

    Pyongyang’s first test-fire of 2025 came as Blinken, America’s top diplomat, met with South Korea’s acting President Choi Sang-mok. Choi assumed the interim role after the South Korean Parliament voted to impeach a second president in two weeks.

    At a press conference later the same day, Blinken said Russia was likely providing North Korea with advanced satellite technology in exchange for Kim’s dispatch of elite troops to the Ukraine war.

    Blinken addressed the new launch during a press conference in Seoul, saying “Today’s launch is just a reminder to all of us of how important our collaborative work is.”

    As for South Korea, an official foreign ministry statement said the missile launch “constitutes a clear violation of multiple U.N. Security Council resolutions and poses a serious threat to peace and stability on the Korean Peninsula and the international community.”

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    Pyongyang has been seen as engaged in heightened nuclear saber-rattling over the last year, especially following the US decision to at times park a nuclear submarine at South Korean port. The north has also frequently condemned joint US-South Korean military drills, which it denounces as “invasion rehearsals”.

    Seoul and the West at this point are deeply worried that the north could renew banned nuclear tests. The last known North Korean nuclear test was in 2017.

    Tyler Durden
    Mon, 01/06/2025 – 19:40

  • High Interest Rates Are Healthy, Low Rates Are Poison
    High Interest Rates Are Healthy, Low Rates Are Poison

    Authored by Charles Hugh Smith via OfTwoMinds blog,

    The status quo has it backwards: low rates are now essential to prop up the wreckage left from previous doses of default and cascading losses.

    The economy depends on two related drivers: low interest rates and asset bubbles. These two feed back into one another, as low rates / loose credit enables those marginal buyers who otherwise wouldn’t qualify to enter the market, generating demand pressure which boosts asset valuations, which then provide more collateral for additional borrowing.

    This dynamic is what inflated Housing Bubble #1 in 2003-2007, as mortgage agencies (Fannie Mae, Freddie Mac), private-sector lenders and credit agencies all opened the spigots of loose lending standards and low interest rates to enable marginal buyers–roughly 5% of the entire market of homeowners–to buy homes.

    At the other end of the spectrum, those with ready access to credit jumped into marginal development projects to cash in on the bubble inflating. This dynamic worked in a similar fashion: projects that would have been too risky when rates were high and credit was tight were now penciling out as opportunities to cash in on the bubble by selling unbuilt homes in marginal areas to marginal buyers seeking to pyramid their wealth castles of debt.

    Since the first house they bought with a 3% down payment loan had soared in value, they could now borrow against that “wealth” / collateral to buy a second spec home, and as that rose in value (even if it wasn’t yet finished), they could leverage that gain into a third mortgage / spec house. The developers were minting money as buyers snapped up houses not yet even started.

    This low-rates, loose credit bubble burst, as all credit-based bubbles do, with devastating consequences. The Phantom wealth of the bubble vanished, leaving giant craters of default and losses.

    Low rates and loose credit are poison that tastes so good we can’t stop consuming more. Then the effects kick in, and the emergency measures–bailing out Too Big To Fail lenders and agencies–don’t restore the phantom wealth or a healthy economy. Rather, they make the economy dependent on financial fentanyl for its “growth.”

    High interest rates and tight credit standards force consumers to discipline their financial habits to save money and pay down debt as the only means to increase their creditworthiness. The same discipline is imposed on big-time developers / investors: marginal projects no longer pencil out, and so risky gambles are set aside.

    The economy prospers when marginal borrowers doomed to default are excluded and risky ventures doomed to fail are tabled. Low interest rates and loose credit inject default and catastrophic losses into the system, and as these defaults and losses ripple through the tightly bound financial system, they trigger other defaults and losses, forcing financial authorities to reward the losers with bailouts: the profits skimmed from risky lending and investments are private, but the losses fall on the taxpayers and the public.

    IN effect, the big players in the casino can go ahead and gamble on high-risk bets, knowing the house will cover their losses. The individuals sucked into margin debt, pyramided debt and risky gambles will be wiped out–no bailout for you–while those that enabled the casino are saved from the consequences of their risky gambles.

    The Federal Reserve moved Heaven and Earth to push interest rates near zero and open the credit spigots as the means to “grow the economy.” Depending on more poison to treat the previous poisoning is itself a risky gamble. As with real-world fentanyl, whether the dose of financial fentanyl is lethal or not is unknown until it’s too late.

    High interest rates and tight credit are healthy, low rates and loose credit are sugar-high poison. The status quo has it backwards: low rates are now essential to prop up the wreckage left from previous doses of default and cascading losses.

    *  *  *

    Become a $3/month patron of my work via patreon.com.

    Subscribe to my Substack for free

    Tyler Durden
    Mon, 01/06/2025 – 19:15

  • Popular Seattle "Safe Space" Waffle Shop Forced To Close Due To Inflation And New $20 Minimum Wage
    Popular Seattle “Safe Space” Waffle Shop Forced To Close Due To Inflation And New $20 Minimum Wage

    A waffle shop in Seattle is being forced to close down over the city’s new $20 per hour minimum wage law, according to a new report by the New York Post.

    The owner of Bebop Waffle Shop said she was forced to close after the city’s new $20.76 minimum wage law took effect on New Year’s Day.

    Owner Corina Luckenbach told the Post: 

    “I’ve cried every day.”

    Luckenbach, who founded Bebop over a decade ago after moving from New York to Seattle, said inflation-driven food costs and reduced foot traffic due to remote work had already strained her business. The minimum wage hike was the final blow.

    “This is financially just not going to make sense anymore. Because, just for me, the increase would cost me $32,000 more a year,” she said. 

    Luckenbach, who named the cafe after her late dachshund, said she supports higher wages in theory but couldn’t sustain the increase. Previously, large Seattle employers had a $18.69 minimum wage, while smaller ones had to meet $20.28 through tips or benefits, the Post wrote

    Previously, small businesses could pay $17.25 per hour if tips or $2.19 in medical benefits met compensation thresholds. The new $20.76 law, $4 above Washington’s minimum wage, applies to all businesses and removes tip and benefit credits.

    “The hardest thing” about closing is that it “takes away a safe space for people,” Luckenbach, who is gay, said. “The stories of like what it meant to people to come in and feel safe and to feel welcomed — I just, I didn’t know.”

    Tyler Durden
    Mon, 01/06/2025 – 18:50

  • Sedentary Lifestyle Linked To Higher Risk Of 19 Health Conditions: Study
    Sedentary Lifestyle Linked To Higher Risk Of 19 Health Conditions: Study

    Authored by Naveen Athrappully via The Epoch Times (emphasis ours),

    People who lead a sedentary life, uncommitted to physical exercise, face a higher risk of various health issues, including diabetes, hypertension, and heart failure, a new study confirms.

    A woman walks down Michigan Avenue in Chicago on Oct. 19, 2006. Jeff Haynes/AFP via Getty Images

    A peer-reviewed study, published on Jan. 2 by the Centers for Disease Control and Prevention, in its Preventing Chronic Disease journal, investigated how physical engagement is linked to health.

    After analyzing hospital data of 7,261 adult patients, the study concluded that physically active individuals had “significantly lower diastolic blood pressure, resting pulse, LDL cholesterol, and triglycerides, and significantly higher HDL cholesterol” compared to those less active.

    Individuals who exercised more had significantly lower rates of as many as 19 inactivity-related conditions, including anemia deficiency, chronic pulmonary disease, depression, uncomplicated hypertension, complicated hypertension, obesity, mild liver disease, drug abuse, hypothyroidism, psychoses, weight loss, uncomplicated diabetes, complicated diabetes, congestive heart failure, neurologic disorders affecting movement, peripheral vascular disease, valvular disease, neurologic seizures, and autoimmune disorders.

    For their study, researchers collected data from surveys submitted by patients during their hospital admission process between November 2017 and December 2022.

    The survey asked two simple questions related to their exercise habits—how many days per week they engaged in exercises and the time spent on such activities.

    Patients were divided into three segments, with 60 percent being physically active, 36 percent insufficiently active, and 4 percent inactive.

    The activity level directly corresponded to medical conditions, with inactive individuals suffering a mean of 2.2 medical conditions, which fell to 1.5 among insufficiently active people and 1.2 for active individuals.

    The study defines “active” people as those who reported at least 150 minutes per week of moderate-vigorous exercise, while “insufficiently active” people were those who reported 1 to 149 minutes per week.

    Researchers stated that the findings support “regularly screening patients for inactivity and providing inactive patients with resources to promote physical activity.”

    The study was funded by the Stead Family Children’s Hospital at the University of Iowa. The authors, affiliated with the University of Iowa, did not list any potential conflicts of interest.

    Tackling a Sedentary Lifestyle

    A study published last year found that walking 10,000 steps daily could reduce the ill health effects of a sedentary lifestyle, with the risk of cardiovascular disease down by 21 percent and the risk of death down by 39 percent.

    Matthew Ahmadi, lead author, clarified that while increasing the daily step count is beneficial, it is not an excuse to sit for long periods of time.

    This is by no means a get out of jail card for people who are sedentary for excessive periods of time,” he said. “However, it does hold an important public health message that all movement matters and that people can and should try to offset the health consequences of unavoidable sedentary time by upping their daily step count.”

    The Office of Disease Prevention and Health Promotion has issued guidelines for American adults on healthy physical activity.

    Adults should “move more and sit less” on a daily basis. Some physical activity, no matter how little, is better than none at all, the guidelines state.

    For substantial health benefits, adults should do at least 150 minutes (2 hours and 30 minutes) to 300 minutes (5 hours) a week of moderate-intensity, or 75 minutes (1 hour and 15 minutes) to 150 minutes (2 hours and 30 minutes) a week of vigorous-intensity aerobic physical activity.”

    Alternatively, they should consider doing “an equivalent combination of moderate- and vigorous-intensity aerobic activity.” Aerobic exercise should be spread throughout the week.

    The agency also recommended that adults do muscle-strengthening exercise of moderate or greater intensity on at least two days per week. These exercises should involve all major muscle groups in the body, it said, adding that such activities offer additional health benefits.

    As for older adults, if they cannot do moderate-intensity aerobic activities for 150 minutes per week because they suffer from chronic conditions, “they should be as physically active as their abilities and conditions allow,” the guidelines state.

    Tyler Durden
    Mon, 01/06/2025 – 18:25

  • Turkey Threatens US, Kurdish Proxies: 'Matter Of Time' Before Eliminated From Syria
    Turkey Threatens US, Kurdish Proxies: ‘Matter Of Time’ Before Eliminated From Syria

    American and Turkish policies in Syria are increasingly clashing in the open in the wake of Assad’s ouster on December 8. As we detailed last week, the Pentagon is building a new base in the heart of Kurdish territory in northern Syria near the Turkish border (which the US has since denied, despite videos showing the military build-up).

    This is a huge provocation to the Erdogan government, given the Turkish army and its proxies are at war with the US-backed Syrian Kurds. In fresh Monday statements, Turkey has put both the Kurds and by extension Washington on notice, saying it is only a “matter of time” before Kurdish militants are driven out of Syria.

    Foreign Minister Hakan Fidan emphasized that Turkey will not accept any future Syria with the YPG in it. The YPG makes up the core of the US-funded and trained Syrian Democratic Forces (SDF), but Turkey sees it as but an extension of the outlawed PKK.

    Via Arab Center Washington 

    “We are in a position not only to see but also to break any kind of plot in the region,” Fidan told a press conference alongside his Jordanian counterpart Ayman Safadi in Ankara.

    “Conditions in Syria have changed. We believe it’s only a matter of time before the PKK/YPG is eliminated,” he said, calling on the group to lay down its arms “as soon as possible.”

    “The PKK’s empire of violence built over Kurdish people is on the verge of collapsing,” he added, according to Turkish media. That’s when he indirectly addressed the United States, which has propped up the YPG for at least a half-decade at this point:

    “If you (the West) have different aims in the region, if you want to serve another policy by using Daesh as an excuse to embolden the PKK, then there is no way for that either,” he said.

    The Pentagon has long justified its troop presence in the northeast Syria as part of the ‘counter-ISIS’ mission, even though the Islamic State had been defeated long ago. At times US officials also talk about the ‘counter-Iran’ mission, which is less pressing now in the wake of Assad’s defeat.

    Turkish media is meanwhile reporting that Jolani’s HTS government in Damascus, which is without doubt serving Turkey’s interests, has ordered the Syrian Kurds to immediately lay down their arms:

    The interim Syrian government held talks with representatives of the Kurdistan Workers’ Party (PKK), demanding that they disarm, Turkish newspaper Hurriyet reported on Monday, citing unnamed sources.

    …Two meetings have taken place between the new Syrian authorities and representatives of the PKK, who reportedly sought recognition as a division or corps within the official Syrian army in exchange for disarmament. The new Syrian authorities did not accept any conditions, the Turkish newspaper said.

    But the Kurds do have significant leverage, given they are directly supported by US special forces and aerial assets, and currently control almost all oil and gas fields in Syria.

    The Kurds will likely settle for nothing less than clear autonomy and self-governance within a federated system if they are to be part of the Syrian state. As for Washington, it’s anything but clear what the end-game is for the US occupation. Another big looming questions is whether it will keep up the sanctions, which have brutalized the common populace in the region.

    Trump during his first term in office expressed a desire to bring the troops home, and it remains uncertain whether he’ll try to see this through during this next term. He doesn’t take kindly to threats from Turkey, however.

    Tyler Durden
    Mon, 01/06/2025 – 18:00

  • "Debasement Trade" Into Bitcoin & Gold Is Here To Stay; JPMorgan
    “Debasement Trade” Into Bitcoin & Gold Is Here To Stay; JPMorgan

    Authored by Alex O’Donnell via CoinTelegraph.com,

    The so-called “debasement trade” into gold and Bitcoin is “here to stay” as investors brace for persistent geopolitical uncertainty, according to a Jan. 3 research note by JPMorgan shared with Cointelegraph.

    Gold and BTC “appear to have become more important components of investors’ portfolios structurally” as they increasingly seek to hedge against geopolitical risk and inflation, the bank said, citing the “record capital inflow into crypto markets in 2024.”

    Source: JPMorgan

    The debasement trade refers to increasing demand for gold and BTC due to factors ranging from “structurally higher geopolitical uncertainty since 2022, to persistent high uncertainty about the longer-term inflation backdrop, to concerns about ‘debt debasement’ due to persistently high government deficits across major economies,” among others, JPMorgan said.

    Source: JPMorgan

    Institutional inflows

    Investment managers including Paul Tudor Jones are longing Bitcoin and other commodities on fears that “all roads lead to inflation” in the United States.

    US state governments are also adding Bitcoin as “a hedge against fiscal uncertainty,” asset manager VanEck said in December.

    In October, JPMorgan cited spiking open interest on BTC futures as another indicator that “funds might see gold and Bitcoin as similar assets.” 

    In 2024, net open interest on BTC futures rose from approximately $18 billion in January to upward of $55 billion in December, according to data from CoinGlass.

    Source: CoinGlass

    “In addition, the fact that Bitcoin [exchange-traded funds] started seeing inflows again in September after an outflow in August suggests that retail investors might also see gold and Bitcoin in a similar fashion,” JPMorgan said in October. 

    In November, US Bitcoin ETFs broke $100 billion in net assets for the first time, according to data from Bloomberg Intelligence.

    Crypto ETF inflows are among the most important metrics to watch because they are “more likely than other trading activity to be new funds/market participants entering the crypto space,” according to a December report by Citi shared with Cointelegraph.

    Surging institutional inflows could cause positive “demand shocks” for Bitcoin, potentially sending BTC’s price soaring in 2025, asset manager Sygnum Bank said in December.

    *  *  *

    [ZH: The structural rise of gold in investors’ portfolios is best shown in the chart below, which proxies gold allocation globally via the stock of gold that is held for investment purposes by central banks or private investors holding gold via coins, bars or physical gold ETFs (or similar products) as % of the stock of equities, bonds and cash held by non-bank investors globally.

    Professional subscribers can read JPMorgan’s full note here…

    Tyler Durden
    Mon, 01/06/2025 – 17:40

  • Ability To Read, Write, Or Do Math Is No Longer Required To Teach In New Jersey
    Ability To Read, Write, Or Do Math Is No Longer Required To Teach In New Jersey

    Authored by Mike Shedlock via MishTalk.com,

    Teachers’ unions prevail in New Jersey. Kids will suffer…

    Literacy Not Required to Teach

    Adobe Stock Image from article below. I added 1 + 1 = ?

    CampusSafety reports New Jersey Teachers No Longer Required to Pass Basic Literacy Test

    New Jersey Democratic Governor Phil Murphy passed Act 1669 as part of the state’s 2025 budget in June to address a teacher shortage, Read Lion reports. The law went into effect on Jan. 1, 2025. Individuals seeking an instructional certificate will no longer need to pass the Praxis Core Test, a basic skills test for reading, writing, and math that is administered by the state’s Commissioner of Education.

    “We need more teachers,” Democratic Sen. Jim Beach, who sponsored the bill, said in May 2024 when the chamber cleared the bill in a 34-2 vote. “This is the best way to get them.”

    New York, California, Arizona Lower Teacher Requirements

    In 2017, New York also scrapped its basic literacy requirements for teachers, noting it was meant to increase diversity among teachers. According to the NEA, only about half of New York students in grades three through eight tested proficient in English and math during the 2022-2023 school year despite the state spending almost twice the national average on education.

    California and Arizona also lowered requirements for teacher certification by implementing fast-track options for substitute teachers to become full-time educators and eliminating exam requirements to make up for shortages in the field that were worsened by the pandemic, according to the National Conference of State Legislatures.

    Former Educator Gives Opinion on Eliminating Teacher Literacy Exams

    Erika Sanzi, former educator and current director of outreach at Parents Defending Education, a national grassroots organization, spoke to the National News Desk about why she is against Act 1669.

    “It’s important to know that the teachers union, specifically in this case, the NEA, pushes really hard for this. I’m a former member of the NEA in two states. Generally, whatever they push for, tends to be something that’s not particularly good for students,” said Sanzi. “The NEA wants to eliminate all barriers to teaching because that increases their number of dues-paying members, and when that’s your mission, student learning and quality control really aren’t priorities at all and so that’s a concern, for sure.”

    Blue State Union Corruption

    Blue state union corruption is obvious.

    But no place is worse than Chicago when it comes to making sure unions are first and kids are last.

    March 13, 2024: Chicago Teachers’ Union Seeks $50 Billion Despite $700 Million City Deficit

    If you live in Illinois, get the hell out before unions take every penny you have.

    July 2, 2024: In Chicago There’s Under a 50 Percent Chance Police Show Up If You are Shot

    Good luck in Chicago getting the police to show up if you are shot, stabbed, a victim of domestic violence, or any number of other serious crimes.

    November 25, 2024: When Do Mayor Brandon Johnson and the City of Chicago Finally Implode?

    Chicago slashed 2,103 public safety job but added 184 administrators. The budget deficit is nearly $1 billion.

    December 23, 2024: The Corruption and Incompetence of Chicago’s Mayor Has No Bounds

    Chicago mayor Brandon Johnson stepped to new lows when his hand-picked board fired Chicago Public Schools (CPS) CEO Pedro Martinez without cause.

    Diversity and Union Priority vs Kids

    The New Jersey teachers’ unions say the test is unneeded.

    But if the test not needed, then then every teacher would easily pass. Why do so many fail an easy test?

    In Chicago, Mayor Brandon Johnson sacrifices police, safety, and education for the sake of the teachers’ unions.

    The Chicago mayor is easily the worst mayor in the country.

    Tyler Durden
    Mon, 01/06/2025 – 17:00

  • Russia Achieves Major Battlefield Breakthrough In Eastern Ukraine As Trump Inauguration Nears
    Russia Achieves Major Battlefield Breakthrough In Eastern Ukraine As Trump Inauguration Nears

    Russia on Monday announced a key breakthrough in eastern Ukraine, saying its forces have captured the “important logistics hub” of Kurakhove, following months of steady gains.

    Russian forces “have fully liberated the town of Kurakhove — the biggest settlement in southwestern Donbas,” the Defense Ministry (MoD) announced on Telegram.

    The MoD claimed further that the Ukrainian army had lost more than 12,000 of the 15,000 troops deployed to defend Kurakhove, figures which are not independently verifiable. The military also said Ukraine lost about “3,000 pieces of various weapons and military hardware, including 40 tanks and other armored combat vehicles.”

    Illustrative file image: Reuters

    The city has long been a strategic Ukrainian army stronghold in the Donetsk region, with an industrial zone and a (since shuttered) thermal plant and a reservoir. The city’s importance is also in its location, sitting on a central highway connecting eastern and southern Ukraine.

    The fight for Kurakhove has been on since mid-October, during which time heavy shelling has persisted. The Russian MoD statement has additionally described Kurakhove as “a powerful fortified area with a developed network of pillboxes and underground communications.”

    A Ukrainian military official has claimed the Russian victory declarations are premature. “As of this morning, battles were ongoing within [the city] limits, so the enemy’s announcements about capturing the city are clearly rushed,” a spokesman said.

    However, there is some independent confirmation of the Russian breakthrough via Associated Press and other regional sources:

    According to Meduza’s military analysts, Russian forces reached the center of Kurakhove in mid-December, encircling nearly the entire city from the north, east, and south, and raising the Russian flag over the municipal government headquarters. At the time, however, Ukrainian forces still controlled the power station’s industrial zone and the pipe plant on the western side of the city. Ukrainian troops were forced out of the industrial zone just before New Year’s day and are now holding positions in Dachne, a village on Kurakhove’s outskirts, Meduza’s analysts say. 

    DeepState, an OSINT project with close ties to the Ukrainian Defense Ministry, also shows that Russian forces have seized Kurakhove. This comes after Ukrainian analysts reported that Russian troops were advancing in the area on January 5. 

    Overhead view of the war-ravaged city of Kurakhove:

    https://platform.twitter.com/widgets.js

    Both warring sides have been seeking to achieve as much battlefield dominance as possible before Donald Trump takes office in two weeks

    While Moscow was already in the driver’s seat, the capture of Kurakhove is being widely viewed as a decisive victory which will provide Russia with clear major leverage for any potential ceasefire negotiations under a new Trump administration.

    Analyst Michael Kofman of the Carnegie Endowment was quoted in AP as saying the future looks bleak for Kiev: “Ukraine is losing territory. The coldest part of the winter is yet ahead. The current theory of success is unclear, or what resources will be made available by the West in 2025,” he summarized.

    Map source: ISW/Newsweek

    And Washington Post writes, “Ukraine is in an increasingly dire state as Russia captures territory at the fastest pace since the start of the invasion, with Moscow capitalizing on its greatest advantage: manpower.”

    Ukraine has in the past days launched a significant counteroffensive in Russia’s Kursk territory, but this accomplishes little strategically where the main theatre of war is happening in Donetsk. Russia has been patiently seeking to gain back ground in the border territory, with the population still evacuated.

    Tyler Durden
    Mon, 01/06/2025 – 16:40

  • The Biden Admin's 'Prank-O-Rama'…
    The Biden Admin’s ‘Prank-O-Rama’…

    Authored by James Howard Kunstler,

    “They found a cure for gluttony. Now do narcissism.”

    – Peachy Keenan

    Poor “Joe Biden” can’t help himself as the suns sets on his ignominious career.

    He ordered the American flag to fly at half-staff into January 20, inauguration day, to signal grief and distress at Donald Trump’s swearing-in – not realizing, apparently, that Mr. Trump’s first act in office will be to order the flags raised back up, signaling symbolically the end to America’s grief and distress under “Joe Biden.”

    You might wonder: what other sort of vicious mischief the Party of Chaos has in store in the final ramp-up to a momentous change of government? Well, no sooner had ol’ “JB” draped the Wegovy-slenderized neck of Hillary Clinton with the Presidential Medal of Freedom, than Bill Clinton went on ABC’s The View to declare he was “open to talking with [‘President Biden’]” about a preemptive pardon for Hillary.

    Say, whu. . . ? What crimes did Bill have in mind that such a pardon might avail? Skolkovo? Uranium One? The Clinton Foundation’s sketchy activities in Haiti after the earthquake there? Bill preemptively mentioned the old emails bidness as a ruse. Nothing to see there, folks, he protested. (Just don’t look anywhere else!)

    You must imagine that the incoming Solicitor General, John Sauer’s, first act in office will be to ask SCOTUS for a ruling on the legitimacy of preemptive pardons – blanket pardons for crimes alive perhaps in guilty consciences but nowhere extant as yet in the legal system. The justices might detect a certain logical incoherence in that proposition. “Joe Biden” should have just draped wreaths of garlic around the necks of Mrs. Clinton, Liz Cheney, and Alex Soros (standing in for ol’ George).

    Judge Juan Merchan did not get a medal. He’s warming up for his January 10 stunt of sentencing of Mr. Trump for the “felony” of recording a payment to lawyer Michael Cohen as a “legal expense” (times thirty-four) so Democrats can holler “nyah nyah, felon!” as Mr. Trump re-enters the Oval Office. Judge Merchan himself has racked-up an impressive list of federal offenses around deprivation of Mr. Trump’s civil rights and due process issues as well as judicial misconduct, obstruction of justice, and abuse of power. Justice may await the judge.

    Today, January 6, of course, is electoral vote certification day in a joint session of Congress. Rep. Jamie Raskin (D-MD) has been making noises about contesting certification on the grounds that Mr. Trump is an “insurrectionist” under the disqualification clause in Section 3 of the 14th Amendment. Don’t be surprised if Jamie makes a show of it to justify all his loose talk, but it will only be a performance. He might as well bring a chicken into the chamber and bite its head off.

    The shadowy claque behind “Joe Biden” has been super-busy cooking up documents for the demented old bird to sign before leaving office, anything that supposedly might discommode the incoming Mr. Trump. “JB” is like a bandit fleeing the scene of a crime, throwing his stolen booty into the road off the back of his truck to trip up the police closing in. Close down offshore oil drilling off the Atlantic and Pacific coasts for evermore. . . ban gas-powered water heaters. . . any old thing to make life more uncomfortable for the people of this land. The shadowy claque seems oblivious to the fact that the people won’t appreciate these pranks, that they just give more reasons for them to drive a wooden stake through the heart of the Democratic Party — as if it even had one.

    Prank-of-the-week, though, goes to Tony Blinken’s State Department. No sooner had Congress defunded his agency’s Global Engagement Center (GEC) — that is, its censorship coordination hub — than the muppets at State redistributed GEC’s personnel to other corners of the agency and scared up new funding for their censorship activities from some dark hidey-hole of sequestered money. Do they suppose no one will find out where these employees went? All that’s necessary is to look up who was on the GEC’s payroll in 2024, and earlier in the hub’s heyday, and see if they remain on the State Department’s payroll now — and then fire the whole lot of them for cause: abrogating Americans’ First Amendment rights. Buh-bye. . . .

    You are not out-of-order worrying, of course, that the political Left and the deep state blob behind them might look, in desperation, for other ways to prevent Donald Trump from getting sworn in. There’s the president-elect’s rally in DC the night before the inauguration. Not a few MAGAs are wondering if that’s really a good idea. And the recent garish drone swarms around the USA have put folks ill at ease about a swearing-in on the west front of the US Capitol, out in the open air. I’d even be a little concerned about the mechanicals of Mr. Trump’s airplane as he flies north from Mar-a-Lago to the big event in Washington.

    Nobody will surprised if “Joe Biden” does not show up on the dais at the Capitol that fateful day. He at least has one final snub left for Mr. Trump as “JB” departs office with the pardon he will preemptively lay on himself in the wee hours of January 19 — in case anyone might inquire into all those shadow companies that First Son Hunter was running over the years to receive money from China, Ukraine, Russia, Romania, and Gawd knows who else, to be redistributed (i.e., laundered) through the innumerable bank accounts of Biden family members. There is that to consider.

    Tyler Durden
    Mon, 01/06/2025 – 16:20

  • Trump Border Czar: Mass Deportations Of Illegals Starts Day One
    Trump Border Czar: Mass Deportations Of Illegals Starts Day One

    Authored by Steve Watson via Modernity.news,

    President Trump’s incoming border czar Tom Homan unequivocally outlined that mass arrests and deportations of illegal immigrants inside the US will begin on day one of Trump’s second term and will not be delayed under any circumstances.

    In an interview with CBS News, Homan asserted “We know where a lot of the criminals are. ICE is great at this work, we know where some are, but they simply haven’t been able to go arrest them because Secretary Mayorkas’s priorities have handcuffed ICE.”

    “We know where a lot of the criminals are, they have been prevented from arresting. We are gonna arrest starting day one,” Homan reiterated.

    Homan further noted that sanctuary cities refuse to work with ICE, stating ”We would love to work in local jails, but sanctuary cities won’t allow us into those jails. It’s much easier to arrest a public safety threat in the safety and security in the public jail than out in the street.”

    Anchor Margaret Brennan then asked Homan what will happen if the illegals are not accepted back by their home countries.

    “Where do you send people because some of these countries, like Venezuela, don’t accept deportations right now?” Brennan asked.

    “First of all, we got President Trump coming into the Oval Office, and he has proven during his first administration his leadership,” Homan responded adding “It took President Trump 48 hours to get El Salvador to take back their criminal aliens into their prisons.”

    “Mexico didn’t want to do the ‘Remain in Mexico’ program, but President Trump was able to get ‘Remain in Mexico’ established in Mexico. He was able to get Mexico [to] put military in the southern and northern border,” Homan added.

    He continued, “This administration has not forced these countries to take them back and we have what we call a third safe country. We already have countries talking about taking back people from other countries. For instance Venezuela doesn’t take their people back. There’s other ways we can do it. There’s other countries [who’d] be willing to accept them.”

    “We’re hoping that President Trump will work with Venezuela like he did with Mexico and El Salvador and get these countries to take them back. If they don’t, they’re still gonna be deported, they’re just gonna be deported to a different country,” Homan further asserted.

    “We’re not gonna be held up on removing public safety threats in this country. We have to put the safety of the American people first,” Homan emphasised, adding “We’ve had too many young women murdered and raped and burned alive by members of Venezuelan gangs. They need to be a priority under this administration. It’s [going to] be a priority starting day one and they will be deported.”

    As we have previously highlighted, insiders say Trump already has deals in place to send illegals to Turks and Caicos, the Bahamas, Grenada, Panama or possibly elsewhere should their home countries refuse to take them back.

    At one point during the interview, Brennan suggested Trump isn’t as strong on deportations as Homan indicates by suggesting that Biden had more deportations than during Trump’s first term.

    Homan noted that 80 percent of the Biden administration’s ‘deportation’ numbers are from Border Patrol arrests that were moved back across the southern border.

    “They weren’t interior enforcement arrests,” he said, adding the Biden administration is “playing a numbers game.”

    “You can compare the number of deportations under Trump versus Biden. When you consider a 45-year low in crossings, the number of deportations [is] going to be lower because we don’t have that population to process and deport,” Homan also pointed out.

    The full interview is below:

    *  *  *

    Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

    Tyler Durden
    Mon, 01/06/2025 – 15:40

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Today’s News 6th January 2025

  • Trudeau Out: Canadian Prime Minister "Likely To Resign" This Week
    Trudeau Out: Canadian Prime Minister “Likely To Resign” This Week

    Back on New Year’s Eve, when looking at the global tsunami of resentment and loathing at establishment politics and corrupt politicians that crushed incumbent political parties and politicians around the globe, we eyed the one person that was long overdue to be swept in the tidal wave. We are talking of course about Canada’s prime minister Justin Turdeau (sic)…

    … and we are delighted to announce that his time has now also come: citing a source, Reuters reports that Canadian Prime Minister and the world’s most iconic virtue signaling blackface, Justin Trudeau, is “increasingly likely to announce he intends to step down, though he has not made a final decision.”

    The source spoke to Reuters after the Globe and Mail reported that Trudeau was expected to announce as early as Monday that he would quit as leader of Canada’s ruling Liberal Party after nine years in office.

    Following the news, odds that Trudeau would be out before April surged to 97%

    Trudeau’s departure would leave the party without a permanent head at a time when polls show the Liberals will be crushed by the official opposition Conservatives in an election that must be held by late October.

    Sources told the Globe and Mail that they did not know definitely when Trudeau would announce his plans to leave but said they expect it would happen before a emergency meeting of Liberal legislators on Wednesday, and could come as soon as today.  An increasing number of Liberal parliamentarians, alarmed by a series of gloomy polls, have publicly urged Trudeau to quit.

    It remains unclear whether Trudeau will leave immediately or stay on as prime minister until a new Liberal leader is selected, the Globe and Mail report added, although it is unclear how he hopes to continue after confirming defeat.

    Trudeau, who was recently mocked by Trump who proposed that he become governor of the “51st state of Canada”, took over as Liberal leader in 2013 when the party was in deep trouble and had been reduced to third place in the House of Commons for the first time. If he does resign, it would prompt fresh calls for a quick election to put in place a stable government able to deal with the administration of President-elect Donald Trump for the next four years.

    The prime minister has discussed with Finance Minister Dominic LeBlanc whether he would be willing to step in as interim leader and prime minister, one source told the newspaper, adding that this would be unworkable if LeBlanc plans to run for the leadership.

    Trudeau, 53, had been able to fend off Liberal legislators worried about the polls and the loss of safe seats in two special elections.But calls for him to step aside have grown since December, when Trudeau tried to demote Finance Minister Chrystia Freeland, one of his closest cabinet allies, after she pushed back against his proposals for more spending.

    Freeland quit instead and penned a letter accusing Trudeau of “political gimmicks” rather than focusing on what was best for the country.

    “The country could face instability, notably from an economic threat in the potential of a 25% US tariff on Canadian imports from the incoming administration,” said a recent letter sent to the prime minister by Kody Blois, who leads a group of Liberal members from the four easternmost provinces. “Simply put, time is of the essence,” Blois said, adding that it’s “not tenable for you to remain as the leader.”

    Trudeau propelled the Liberals to power in 2015 promising “sunny ways” and a progressive agenda that promoted the rights of women and a promise to fight climate change. But the everyday realities of governing gradually wore him down and like many Western leaders, the need to deal with the effects of the pandemic ate up much of his time.

    Although Ottawa spent heavily to protect consumers and businesses, racking up record budget deficits, this provided little protection from public anger as prices soared.

    A botched immigration policy led to hundreds of thousands of arrivals, straining an already overheated housing market.

    The Canadian currency strengthened as much as 0.4% to C$1.4388 per dollar after the Globe report before paring those gains. The currency has been trading near its weakest level since March 2020 and has lost more than 7% against the greenback in the past year.

    “Traders may be buying the loonie on the view that the worst is over for Canadian politics after all the recent uncertainty,” said Ken Cheung, a strategist at Mizuho Bank.

    Tyler Durden
    Mon, 01/06/2025 – 01:09

  • Will Russia's Alleged Downing Of Azerbaijan Airlines Flight Overturn The Great Game Board In The Caucasus?
    Will Russia’s Alleged Downing Of Azerbaijan Airlines Flight Overturn The Great Game Board In The Caucasus?

    Authored by Conor Gallagher via NakedCapitalism.com,

    There are plenty of theories of what brought down Azerbaijan Airlines flight J2-8243 on Christmas Day. The plane, which was traveling from the Azerbaijani capital Baku to Grozny in the Russian region of Chechnya, ran into trouble over Russia and made an emergency landing in Aktau, Kazakhstan, in which 38 of the 67 people on board were killed.

    The black boxes from the aircraft are currently being analyzed at Brazil’s Center for Investigation and Prevention of Aeronautical Accidents, but what’s already clear is that some have already made up their minds that Russia is responsible. Media in the US and Europe were of course quick to point the finger. That’s unsurprising; they blame Moscow for every stubbed toe and spilt coffee.

    What is surprising is that the president of Azerbaijan — whose country has maintained strong ties with Russia despite the with-us-or-against-us Western pressure in recent years — is on the same page as the Western media.

    That marks a major shift. Regardless of whether the alleged downing of the plane was part of a new stage of provocative pressure against Moscow, an accident with Russian air defense missiles, or was some sharp-winged birds, it does appear to be doing real damage to the Azerbaijani-Russian relationship.

    And that could have major implications for the South Caucasus where the pivot state of Azerbaijan is the most important transport and logistics hub in the region.

    Let’s take a look at what the Azerbaijan president is saying about the incident and examine what it might mean for the region.

    Aliyev’s Statements

    Azerbaijan President Ilham Aliyev was once described in a Wikileaks US diplomatic cable as an unpredictable hothead similar to Sonny Corleone, but he has been anything but in recent years. While calmly playing both sides, he’s managed to retake Nagorno-Karabakh (whatever one may think about the method), become a major gas supplier to the EU, and maintain strong ties with Moscow and workable relationships with other players in the region.

    His comments about the plane crash therefore raise eyebrows.

    Before the black boxes are analyzed, Aliyev is putting the blame on Russia, which he says accidentally shot down the plane, continued to use electronic warfare against it afterwards, and then tried to cover it up. He might end up being right, but these are still bold proclamations coming from the president who just recently stood by Azerbaijan’s alliance with Russia. Here are the relevant quotes from his Dec. 29 interview with Azerbaijan Television at Heydar Aliyev (Ilham’s father) International Airport:

    The facts indicate that the Azerbaijani civilian plane was damaged from the outside over Russian territory, near the city of Grozny, and almost lost control. We also know that means of electronic warfare put our plane out of control. This was the first impact on the plane. At the same time, as a result of fire from the ground, the tail of the plane was also severely damaged…

    The fact that the fuselage is riddled with holes indicates that the theory of the plane hitting a flock of birds, which was brought up by someone, is completely removed from the agenda. It is possible that when the plane was damaged, when it was hit, the pilot could have perceived it as a collision with birds. Because it would probably never have occurred to anyone that our plane might be fired at from the ground while flying over a country friendly to us. Unfortunately, however, some circles in Russia preferred to put forward this theory. Another regrettable and surprising moment for us was that official Russian agencies put forward theories about the explosion of a gas cylinder on board the plane. In other words, this clearly showed that the Russian side wanted to cover up the issue, which, of course, is unbecoming of anyone. Of course, our plane was hit by accident. Of course, there can be no talk of a deliberate act of terror here. Therefore, admitting guilt, apologizing in a timely manner to Azerbaijan, which is considered a friendly country, and informing the public about this – these were measures and steps that should have been taken. Unfortunately, for the first three days, we heard nothing from Russia except for some absurd theories…

    Some believe that the plane was deliberately sent off course by ground handling services in Grozny because the plane was already out of control, and there was a high probability it would fall into the sea. If this had been the case, the cover-up attempts would have been successful, and the so-called bird theory would have been presented as the most likely version…we can clearly say today that the plane was shot down by Russia. This is a fact, and no-one can deny this fact. Again, we are not saying that this was done intentionally, but it was done.

    Strong accusations. Notably Aliyev does not once mention Ukrainian drones, which were being launched against civilian infrastructure in the region at the time of the plane downing. That might help explain how Russia accidentally shot at the plane — if that’s indeed what happened. It’s unclear why Aliyev doesn’t mention the possibility that shrapnel from a Ukrainian drone could have caused the damage to the plane.

    While Aliyev no doubt has public opinion to worry about after such an awful incident, is it not odd that even if his theory is 100 percent correct, he wouldn’t at least try to soften the blow against his ally Russia and present Ukraine as at least partially responsible? Instead Kiev is largely getting a free pass as public anger is directed at Moscow.

    For what it’s worth, Aliyev’s theory of what happened is the same as US officials quoted in American media. Both could be right, although Western media no doubt have an interest in using the incident to drive a wedge between Baku and Moscow.

    The question is whether Aliyev is on board with that potential outcome? Could he be looking to play an Erdogan role where he utilizes leverage over Moscow in a similar way that Ankara has?

    Viewing Aliyev’s Comments Against Backdrop of Recent Events in South Caucasus 

    Aliyev’s being so quick to forcefully blame Russia is a bit of a Sonny Corleone reaction, especially for someone who’s played his cards carefully in recent years. Could recent events in the Caucasus help explain his shift? Let’s examine the terrain:

    Russian influence has come under increasing pressure there since the start of the Ukraine war.

    Georgia looks to have fought off a color revolution attempt for now. Again it’s important to note the ruling party in Georgia is not anti-US or EU, it simply wants to maintain good ties with Russia and not be turned into another Ukraine.

    In Armenia it’s another story. It continues to move out of Russian orbit politically if not economically. A US military officer is now the main adviser to Armenia’s defense ministry, the French are training Armenian units and signing weapons deals, and India has replaced Russia as Armenia’s top arms supplier. Yerevan is also seeking security guarantees from Brussels and Washington.

    Moscow is observing the Azerbaijan-Armenia peace process from the sidelines (it used to lead the talks), although it still seemingly exerts quite a bit of influence over Baku. The two sides are nearing the conclusion of bilateral negotiations on a peace agreement that could have major implications for connectivity at the Eurasian crossroads. Simultaneously, Türkiye and Armenia are working to normalize relations, a process that Ankara ties to Armenia’s talks with Baku.

    The US has weaseled its way into these processes via Armenia and is looking to exploit the situation to weaken Iran and Russia.

    There are hang ups to deals between Azerbaijan, Türkiye, and Armenia, including Baku’s demand that Armenia remove an implicit claim on Nagorno-Karabakh in its constitution.

    The most challenging issue in Armenian-Azerbaijani talks, however, is the establishment of transport links and specifically who will control them.

    The Battle for Control Over Logistics Corridors in the South Caucasus

    The so-called Zangezur Corridor – which would stretch parallel to Armenia’s border with Iran and link Azerbaijan to its Türkiye-bordered exclave of Nakhchivan — is the missing link in what would be the shortest land transport route between the Pacific and Atlantic oceans. And key to many involved parties is not only the shorter distance but the fact that it’s one of the few routes that entirely bypasses Russia.

    The corridor would also be a key intersection point of other burgeoning North–South and East–West routes.

    The Middle Corridor, for example, which passes from China through Central Asia, the Caspian Sea, the South Caucasus, and Türkiye extending to Europe could see major upgrades with the opening of Zangezur.

    And so outside involvement and pressure steadily builds on Armenia and Azerbaijan .

    The main issue holding up talks between the two is Point 9 of the trilateral statement signed between Azerbaijan, Russia, and Armenia in 2020 following the Second Karabakh War, which reads:

    All economic and transport links in the region shall be unblocked. The Republic of Armenia shall guarantee the safety of transport communication between the western regions of the Republic of Azerbaijan and the Nakhichevan Autonomous Republic with a view to organize the unimpeded movement of citizens, vehicles and cargo in both directions. Control over transport communication shall be exercised by the Border Guard Service bodies of the FSS of Russia.

    Azerbaijan continues to insist upon this point, while Armenia no longer wants Russian border guards present, and instead argues for solutions like Russia monitoring the corridor from afar. How exactly that would be done isn’t yet clear.

    The Armenian prime minister is making statements about entrusting Zangezur’s security to foreign private forces. These ideas are coming as Armenia removes Russian border guards.

    On Wednesday at Armenia’s request, the Russians withdrew from the only official Armenian-Iranian crossing, which followed  the departure of Russian border guards from Yerevan’s Zvartnots Airport in July,. Since 1992 Armenia’s borders with Türkiye and Iran have been the responsibility of Russian troops.

    Meanwhile, the number of EU guards on the Armenia-Azerbaijan border keeps expanding.

    Both Azerbaijan and Russia are critical of the EU mission creep, and Baku continues to insist that Yerevan agree to the deployment of Russian border guards along the Zangezur Corridor.

    Could that be changing?

    Any agreement between Baku and Yerevan (and its Western backers) that excludes Russia would be a major power play from the Turkic axis and a perceived win for the US-Israel axis as it would sideline Russia and Iran.

    How the latter two would respond remains to be seen, but what’s clear is how the Middle East conflicts and Ukraine war are bleeding into the Caucasus. It’s easy to see how it could become part of a deal that helps temporarily ease the tensions among the conquering parties of Syria by continuing to focus on areas on overlapping interests or get dragged in nonetheless.

    Here’s a brief look at key players positions in this theater of The Great Game:

    Iran

    Pretty straightforward:

    https://platform.twitter.com/widgets.js

    From Iran’s perspective the Zangezur Corridor is a nightmare. Neocon think tanks in Washington have long dreamed of using Azerbaijan to destabilize Iran — as they have for weakening Russian influence in the South Caucasus. Ethnic Azeri citizens who are estimated to make up 15 percent of the Iranian population.

    Tehran’s concerns about Azerbaijan are further aggravated by Tel Aviv’s support to Azerbaijan (more on that below). Tehran also faces the following economic fallout from the Zangezur Corridor, according to Security & Defence Quarterly::

    • Azerbaijan used to pay 15 percent of the 350 million cubic metres of gas sent to Nakhchivan through Iran as a transit fee. With the opening of the new corridor, Iran may lose this profit.

    • An agreement on sale of gas was signed between Türkiye and Iran in 1996. Based on that agreement, Türkiye has been buying gas from Iran for years. While Türkiye pays Iran US$490 for a thousand cubic metres of gas, it can buy the same amount from Azerbaijan for US$335.

    • If a gas pipeline is built from Azerbaijan to Türkiye through this corridor, Iran’s loss of gas revenue may be huge.

    • The planned gas pipeline project from Turkmenistan through Iran to Türkiye then to Europe was frozen in 2017 because of financial disagreements. Turkmenistan can now deliver this gas to Europe via Azerbaijan.

    • The importance of Iran’s pipeline to Armenia has also decreased.

    The Strategic Council of Foreign Relations in Tehran, whose director is Iran’s former minister of foreign affairs Kamal Kharazi, condemned the construction of the Zangezur corridor, indicating that the corridor has been introduced as NATO’s “Turan corridor,” a project ostensibly supported by Israel and NATO, which aims to foment ethnic unrest in the areas of Iran inhabited by Turks. As per the aforementioned Council, NATO’s Turan corridor is supposed to directly bring NATO onto the northern border of Iran, the southern border of Russia, and western China and lay the groundwork for their disintegration.

    Moscow and Tehran are reportedly set to sign their strategic partnership in the coming weeks, which will alter the calculus of all involved parties.

    Türkiye

    Türkiye has been the driving force behind many of the Caucasus cooperation projects in recent years, such as the Baku-Tbilisi-Ceyhan oil pipeline, the Baku-Tbilisi-Erzurum natural gas pipeline, the Baku-Tbilisi-Kars railway, and the Trans-Anatolian and Trans-Adriatic Pipelines connecting Azerbaijan to Europe via Türkiye.

    Erdogan and friends view the Zangezur Corridor as bigger than all that and a key piece in the country’s rise as a Eurasian Great Power. Here’s what Ankara envisions:

    • A gas pipeline from Baku to Türkiye through the corridor.

    • Increased leverage in negotiating gas prices with Iran.

    • Resurrecting the Trans-Caspian pipeline and transporting that gas through Türkiye to Europe (A pipeline through a Nakhchivan corridor could help boost supplies to Europe to upwards of 31 bcm, although that would be years away, and ironically, due to its heavy investments in the Azerbaijani oil and gas sector, one of the bigger beneficiaries of any Brussels-Baku deals could be Russia. Azerbaijan is even importing more Russian gas itself in order to meet its obligations to Europe.

    • A logistics corridor stretching to China.

    • A railroad line from Türkiye to Nakhchivan could make Türkiye a regional transit hub in addition to an energy one.

    The US-Israel-EU

    The US wants to sideline Russia and Iran. The EU does what the US wants.

    Therefore, the West (including Türkiye) tries to ensure the flow of resources of the South Caucasus and Central Asia to Europe bypassing Russia and Iran and reducing their influence, as well as that of Beijing. As always, the US permanent state is in lockstep with Israel, and it’s important to note that despite the surface friction between Ankara and Tel Aviv, in the South Caucasus their interests once again align.

    Israel supports pan-Turkic ambitions through the Caucasus because Tel Aviv views Turkish influence as preferable to that of Iran — even if it potentially sets “Greater Türkiye” and “Greater Israel” up for a future clash.

    Israel too continues to exert influence in Azerbaijan through its role as the country’s main weapon supplier, including air defense systems, all the latest in drones and surveillance tech, as well as cooperation in cybersecurity. Israel is also Azerbaijan’s leading oil importer, a trade which continues to be partially facilitated by Türkiye despite the country’s ban on trade with Israel — or what Erdogan calls a “Zionist terrorist organization.”

    China

    Beijing wants to expand its influence and open or expand more trade routes. China has signed strategic partnership agreements with Tbilisi and Baku and is pursuing major infrastructure projects, such as that port in Georgia, which causes so much heartburn in the US.

    Russia

    Russia wants to maintain a dominant role in the Caucasus, including in trade corridors, which become even more important due to Western isolation efforts. It was long in Moscow’s interests to have a simmering conflict between Armenia and Azerbaijan as that allowed it to play peace broker and maintain a presence, but it is increasingly being pushed out of these processes.

    It still has a military base in Armenia, as well as peacekeepers, and border control, although their numbers are declining at Armenia’s request, and the military base could be next.

    Armenia

    The corridor would be a boon for Armenia — as long as it doesn’t alienate Russia, which it largely depends on economically. From the Emirates Policy Center: 

    Russia has also kept Armenia in its orbit through maintaining economic ties. The trade turnover between the two countries increased from $2.6 billion in 2021 to $7.3 billion in 2023. That has significantly ensured the growth of Armenia’s GDP by 12.6% in 2022 and by 8.3% in 2023. Armenia declares that it is not interested in breaking relations with the Eurasian Economic Union (EAEU), affirming plans to actively participate in the organization despite the fact that  Armenia has frozen its membership in the CSTO and is reducing its activity in the Commonwealth of Independent States (CIS).

    Moreover, the EAEU-Iran free trade agreement boosts Armenia’s role as the only EAEU member bordering Iran. Close economic ties also give Russia leverage, as many Armenian producers depend on its market, allowing Moscow to impose restrictive measures if needed. Additionally, EAEU membership prevents Armenia from signing an Association Agreement with the EU, creating a long-term economic deterrent against turning to the West.

    Despite the economic reliance on Russia, Armenia has largely been infiltrated by American interests and could likely be made to go along with a deal that fits with the US-Israel’s goals.

    The key is Azerbaijan, which much like Türkiye effectively plays both sides. It enjoys ties with Russia primarily in energy and logistics while upping its natural gas deliveries to the EU. It has a strong weapons-for-energy relationship with Israel that it uses to help balance its relationship with Iran.

    Aliyev’s reaction to the downing of flight J2-8243 could point to a willingness to take some more chances with Russia. Like Erdogan, Aliyev might reasonably believe that Russia needs it at this time and is not in position to take a strong stance or retaliate. Moscow must cooperate with Baku on trade connectivity due to the West’s attempts to isolate it, and that’s a reliance Azerbaijan might now be keen to exploit.

    Washington has long tried to resurrect animosity between Baku and Moscow. The US ambassador to Azerbaijan, Mark Libby, who previously worked in Baghdad and as deputy chief of mission and chargé d’affaires at the US Mission to the EU among other posts, was hastily dispatched to the country in December of 2023. One of his first actions was to visit the Alley of Martyrs dedicated to those killed by the Soviet Army during Black January 1990 (these old USSR wounds are gifts that just keep giving for the US, e.g.,“The Holodomor Industry” in Ukraine).  Where that obvious ploy failed, the newer wound caused by Russia’s alleged downing of the flight could succeed.

    In conclusion, it’s still too early to answer cui bono, but if actions accompany Aliyev’s accusations then we could be looking at another win for the US-Israel axis.

    Tyler Durden
    Sun, 01/05/2025 – 23:20

  • Seattle Public Schools Sees Alarming 20% Spike In Student Homelessness After 30% Rise Last Year
    Seattle Public Schools Sees Alarming 20% Spike In Student Homelessness After 30% Rise Last Year

    Seattle Public Schools is seeing an alarming rise in the number of its students experiencing homelessness. 

    As of October, the district reported 2,235 students experiencing homelessness since the school year began, a nearly 20% increase from last year’s 30% rise, KUOW/NPR reported

    Homelessness has reached record levels nationwide, according to a recent HUD report. In Washington state, over 41,000 students experienced homelessness during the 2023-24 school year, a nearly 15% increase.

    Jenny Allen, a McKinney-Vento support worker in Seattle, said rising costs and limited affordable housing are straining families, while the district has seen a rise in immigrants and refugees, particularly from South America.

    The KUOW/NPR report said that at Dunlap Elementary, Rogers Greene, an eight-year veteran supporting unhoused students, now assists a growing number of families fleeing conflicts in countries like Ukraine and Afghanistan.

    “I can’t imagine. You’re just dropped somewhere and then figure it out — figure out the language, figure out how you’re going to live, where you’re going to live, how you’re going to eat. It’s survival. So it’s important for us to have those connections, relationships, and work through the language barrier,” he said. 

    He continued: “They may not know of those services, those resources that they can access, so part of my job is to educate. But what I want to get to with families is a point of empowerment — like they’ve accessed a resource, they’ve used it successfully, they know of some organization where they’ve been helped, and they can share that with someone else or another family.”

    Greene supports immigrant and refugee families facing language barriers and fear of seeking help, the report said. 

    At Dunlap Elementary, he provides essentials like coats and backpacks, supervises lunches, and creates a safe space for students. Unhoused students face significant academic challenges, but Greene highlights their resilience, noting how many quickly adapt and thrive.

    Tyler Durden
    Sun, 01/05/2025 – 22:45

  • Aurora Hunter Photographs 'Dragon Aurora' In NWT – Where Northern Lights Are Always On
    Aurora Hunter Photographs ‘Dragon Aurora’ In NWT – Where Northern Lights Are Always On

    Authored by Michael Wing via The Epoch Times (emphasis ours),

    Joe Buffalo Child’s earliest boyhood memories are of cold, barren landscapes, wolves howling outside a warm tent, and emerald green northern lights—miraculous coloured curtains dancing between Earth and the stars. For Buffalo Child, raised in the traditional Dene lifestyle by his grandparents in the Northwest Territories, it was like a dream.

    A collage by Epoch Times staff. On the right is Joe Buffalo Child, CEO of North Star Adventures in the Northwest Territories. Courtesy of Joe Buffalo Child

    Lately, posts about those dancing aurora borealis are all over social media; prominent geomagnetic storms last fall—and now again this new year—caused the whole online buzz. But for Buffalo Child, who founded Yellowknife-based aurora-chasing tour company North Star Adventures, the hype doesn’t mean much.

    In N.W.T., where he once snapped a shot of a “dragon aurora,” the spectral lights are omnipresent, he tells The Epoch Times.

    When clients ask what it’s like living with the lights always on, he answers: “It is as common as you breathing air. What’s it like for you to breathe air?”

    As a young boy, it was always with us,” he said. “The aurora was always here with our people since time immemorial. So it’s nothing really new for us.”

    An amazing aurora appears on a dark night in late November near Yellowknife. Courtesy of Joe Buffalo Child

    Speaking of his Dene heritage, Buffalo Child’s voice has an element of awe. He’s all too eager to share his cherished culture with the visitors who arrive at his tour office seven days a week.

    He tells them the Dene are indigenous Native Americans who share the same ancestry as the Navaho in the southern United States and speak the same language. The Navaho migrated south after crossing the land bridge some 30,000 years ago. The Dene stayed up north.

    Dene spirituality is tightly wed to auroras; they believe their ancestors reside there.

    As CEO of North Star Adventures, Buffalo Child, 60, hosts global travellers from as far away as South Korea and Taiwan (he hires Korean and Chinese interpreters to assist). Guests arrive like pilgrims eager to check off lifelong bucket lists.

    Tour participants witness an aurora with a waning gibbous moon near Yellowknife in December 2024. Courtesy of Joe Buffalo Child

    An aurora during cold weather near Yellowknife in December. Courtesy of Joe Buffalo Child

    (Left) An aurora streaks across the sky on the first day of 2025 near Yellowknife; (Right) A selfie of Joe Buffalo Child. Courtesy of Joe Buffalo Child

    Guests from Singapore visited Yellowknife in November 2024 to see the aurora borealis. Courtesy of Joe Buffalo Child

    The business is booming, but has seen better days. Rising from the ashes of near-ruin after the COVID lockdowns, they’re rebuilding. Now, Buffalo Child is always checking the weather and greeting new groups to take along on Arctic adventures. Drives through winter wonderlands are topped off climactically with northern lights that rarely disappoint.

    Buffalo Child says he always wants to make his guests’ sojourn soulful and build a real connection.

    He tells stories of the grandparents who raised him who’ve now passed on and whom he sees in the afterlife dancing in the auroras. They say they are happy and will meet again, he tells his guests.

    “You can hear [our guests] weeping,” he said, adding that their trip is often “a lifelong dream.” “Our tour’s not just something like an attraction—it’s something more profound and more special.”

    Auroras come from the east—or rather, seem to. Actually, the Earth’s rotation carries us through them as they stand impervious to geographic location, dancing hundreds of kilometres over the Earth’s magnetic polar regions.

    Buffalo Child’s team, nevertheless, heads east to intercept them.

    A former civil engineering student, Buffalo Child knows every last dirt road and turnoff in the area like the back of his hand. His savvy for scouting the most sublime spots is his edge over the competition.

    An aurora competes with the gibbous moon in mid-December near Yellowknife. Courtesy of Joe Buffalo Child

    A North Star Adventures tour bus in Yellowknife in November. Courtesy of Joe Buffalo Child

    A ribbon of green auroras appears on a cold day in early December. Courtesy of Joe Buffalo Child

    A tour witnesses an aurora on a cloudy evening. Courtesy of Joe Buffalo Child

    Guests from Japan, United States, Singapore, and Canada take a tour with North Star Adventures in October. Courtesy of Joe Buffalo Child

    The drive eastward often leads to Pontoon Lake where dark skies free of light pollution and shorelines clear of obstructions are ideal for viewing. It was here several months ago that Buffalo Child captured one of his most impressive shots as tour participants gazed skyward in perfect stillness, entranced by a ribbon of red and yellow lights across the shore.

    Watching the aurora and the stars—and the Aurora reflect off the water—it was an incredible experience,” he said.

    A red and yellow aurora reflects off Pontoon Lake east of Yellowknife in October 2024, during strong geomagnetic storms that occurred last fall. Courtesy of Joe Buffalo Child

    Since Buffalo Child started North Star Adventures in 2007, the territory’s auroras have attracted stars like Carrie Fisher and placed Yellowknife under the spotlight. “Good Morning America” featured him last January and marvelled at the uncanny ability of digital censors in smartphones that can drink in and display colours the human eye is incapable of seeing.

    Even in the pitch of night, Buffalo Child, together with host Ginger Zee, captured a silhouette all ablaze in gorgeous greens.

    A photo taken by a smartphone for a “Good Morning America” episode shows how vibrant aurora colours are captured by the device’s powerful optical sensors. Courtesy of Joe Buffalo Child

    The auroras being lifelong fellow travellers, Buffalo Child says it’s impossible for him to choose a “favourite” sighting. But of the tens of thousands he’s captured on camera, he says the “dragon aurora” that appeared over a spiny ridge in 2019 was unforgettable.

    “I was able to capture the body and the head, and you can see the eyes and the teeth of the dragon’s head. It’s incredible,” he said. “It’s kind of the whole body of the dragon coming down to Earth.”

    Joe Buffalo Child photographed a “dragon aurora” in 2019. Courtesy of Joe Buffalo Child

    Buffalo Child’s close proximity to auroras naturally led him to grasp the science behind the lights: Charged particles ejected from the sun are captured by the Earth’s magnetosphere, and those particles then gather to form “aurora ovals” over both the Arctic and Antarctic polar regions. These particles display various colours, their specific hue depending on their altitude.

    When Buffalo Child hears people say auroras are best viewed when it’s cold outside, he disagrees.

    Our weather systems on Earth are zero to five kilometres above the surface of the earth,” he says. “[With auroras], you’re talking about 600 to 1,000 [kilometres], it’s got nothing to do with the weather.”

    But scientific theories take a backseat to belief when he’s sharing memories with his clients en route to witness auroras. He returns to his childhood: “Life was beautiful with my grandparents,” he says. “Our world was the land and the Great Slave Lake.”

    Looking up, he sees the grace of the lights that connect him with his grandparents and ancestors. “That’s what I look at when I see the aurora.”

    Tyler Durden
    Sun, 01/05/2025 – 22:10

  • Lame Duck Blinken Heads To South Korea, Japan, France In Final Visit As Top US Diplomat
    Lame Duck Blinken Heads To South Korea, Japan, France In Final Visit As Top US Diplomat

    US Secretary of State Antony Blinken is grabbing as many free meals as he can on the way out the door – visiting South Korea, Japan, and France on what will most likely be his last diplomatic trip before the incoming Trump administration takes office in just over two weeks.

    On Friday, the State Department announced that Blinken would begin a five-day trip to the three countries on Saturday, during which he aims to ‘reaffirm US alliances’ in the face of regional challenges.

    In South Korea, Blinken and senior government officials will discuss “critical cooperation” in addressing global challenges, and other such word salads. According to the department, Blinken will focus on how the two countries “can strengthen key efforts to promote a free, open, and prosperous Indo-Pacific,” and strengthen trilateral efforts with Japan.

    As the Epoch Times notes further, Blinken’s visit will occur amid political turmoil in South Korea following the impeachment of President Yoon Suk-yeol over his short-lived martial law declaration last month. Finance Minister Choi Sang-mok has assumed the role of acting president, the second person to do so after Prime Minister Han Duck-soo was impeached.

    The department stated that Blinken will hold talks with senior Japanese government officials during his visit to Tokyo to review “the tremendous progress the U.S.–Japan alliance has made over the past few years.”

    During the talks, Blinken will underscore the importance of their alliance in addressing regional and global issues, while also discussing ways to build on the momentum of trilateral cooperation with South Korea.

    Lastly, Blinken will travel to France to discuss with senior French officials challenges in Europe, particularly in Ukraine, as well as the rising tensions in the Middle East, according to the department.

    The announcement was made a day after the State Department approved the potential sale of advanced medium-range air-to-air missiles and related equipment to Japan, which is valued at an estimated $3.64 billion.

    The Biden administration has sought to bolster alliances with Japan and South Korea amid concerns over China’s assertiveness in the Indo-Pacific and North Korea’s missile threats.

    The growing military ties between North Korea and Russia have also raised alarms as North Korea reportedly sent thousands of troops to fight alongside Russian troops in Ukraine.

    Last week, the United States and Japan unveiled new guidelines for extended deterrence, citing an “increasingly severe strategic and nuclear threat environment” that reflects heightened tensions in the Indo-Pacific, where China, Russia, and North Korea have taken steps to modernize their arsenals and project power.

    Details of the new guidelines have not been disclosed. Both the United States and Japan said the document emphasizes enhancing strategic messaging to ensure adversaries clearly understand the alliance’s resolve and capabilities. The measures also include bolstering U.S. extended deterrence with Japan’s defense advancements, such as enhanced missile defense systems and readiness to respond to contingencies.

    Tom Ozimek contributed to this report.

    Tyler Durden
    Sun, 01/05/2025 – 21:35

  • Biden Quietly Bans Most Gas Powered Tankless Water Heaters
    Biden Quietly Bans Most Gas Powered Tankless Water Heaters

    In a significant regulatory shift that took place quietly the day after Christmas, the Biden administration finalized new climate rules targeting natural gas-powered instantaneous water heaters. The Department of Energy (DOE), which traditionally issues a press release for such regulations, chose not to announce these changes publicly, raising eyebrows across various sectors.

    According to the Free Beacon, the new regulations aim to reduce carbon dioxide emissions, a move aligned with broader climate change mitigation efforts. However, the regulations are set to remove approximately 40% of the current tankless water heater models from the market by 2029 (between gas and electric). This shift is expected to force consumers to opt for either more expensive or less efficient alternatives.

    An industry analysis forecasts that the average cost increase for new water heaters due to the regulations will be around $450. This price hike is poised to disproportionately affect low-income and senior households, who are among the most reliant on the more affordable models currently targeted for phase-out.

    Meanwhile, the timing of these regulations is noteworthy – coming in the wake of President-elect Donald Trump’s electoral victory over Vice President Kamala Harris. Trump has expressed intentions to roll back many of Biden’s climate initiatives to bolster energy production and stimulate economic growth. This regulatory push on water heaters is part of a series of actions targeting household appliances, including gas stoves and refrigerators, aimed at reducing carbon emissions and promoting electric alternatives.

    Ben Lieberman, a senior fellow at the Competitive Enterprise Institute, criticized the move, stating, “It bans an entire category of tankless water heaters and the ones that are most affordable. This is all part of the climate change agenda…an antipathy towards natural gas because they want to electrify everything.”

    Industry’s Response and Legal Challenges

    The regulation has sparked extensive debate about its legality and practicality. The American Gas Association has hinted at possible legal action, suggesting that the rule might violate the Energy Policy and Conservation Act, which prohibits banning products that offer unique performance characteristics.

    Frank Windsor, president of Rinnai America, the nation’s leading manufacturer of tankless water heaters, voiced strong opposition. He highlighted the contradiction in eliminating higher-efficiency product categories- telling the Beacon, “If you really want to impact the water heating ruling, you really need to deal with the tank models.” Rinnai America, having invested $70 million in a new facility in Georgia based on the previous administration’s manufacturing incentives, finds itself at risk of seeing its investment become obsolete under the new rules.

    Tyler Durden
    Sun, 01/05/2025 – 21:11

  • US Health Insurance: What Are Its Problems And Potential Solutions?
    US Health Insurance: What Are Its Problems And Potential Solutions?

    Authored by Lawrence Williams via The Epoch Times (emphasis ours),

    American health insurance seems to frustrate everyone. Patients complain that it’s expensive and complicated. Providers say it buries them in paperwork and can negatively affect patient care.

    Poll after poll indicates that most people simply don’t trust their health insurance provider or the health care system itself. Fully 70 percent of the country thinks American health care has major problems or is in a state of crisis. Consumer satisfaction is at a 24-year low.

    Frustration with health insurers may have turned to rage in a young man accused of killing a UnitedHealthcare executive in New York City on Dec. 4. The alleged killer appears to have been driven by an idea soon echoed on social media, that the woeful tale of American health care is a story with a villain, and the villain is health insurers.

    Yet identifying a villain here is no simple matter.

    The American health payment system is a ramshackle structure comprising public and private insurance plans offered by a host of providers across multiple states. Over many decades, the system has been layered with more legislative patches than the roof on your grandfather’s barn.

    Despite the good intentions of lawmakers, regulators, countless health care workers, and insurance companies, health insurance remains expensive and confusing for the 92 percent of Americans who have it and for the 8 percent who don’t.

    Despite its problems, many experts believe the health payment system can be improved. Some want to level the ground and build a new system from scratch. Others advocate refinements to make health insurance less expensive and more transparent. Any solution will require cooperation among a host of key players, including insurance companies, health care providers, state governments, and that most unpredictable of all institutions, the United States Congress.

    Here’s an overview of the symptoms affecting the health care payment industry, some root causes, and cures suggested by industry analysts.

    But first, here are the primary ways people get health insurance in the United States.

    Flags fly at half mast outside the United Healthcare corporate headquarters in Minnetonka, Minn., on Dec. 4, 2024. Stephen Maturen/Getty Images

    The Payers

    Employer-sponsored insurance (ESI) is the most common way Americans get health care coverage. This includes self-funded plans, in which the employer acts as the insurer, and commercial health insurance purchased by a company for its employees. More than 178 million people had ESI in 2023, according to the U.S. Census Bureau.

    Self-purchased health insurance is obtained by individuals directly from an insurance company, sometimes with the aid of an insurance agent or through the Affordable Care Act (ACA) Marketplace. The Marketplace offers premium discounts in the form of tax credits based on the buyer’s income. Nearly 34 million people bought their own health insurance in 2023. Of those, about 13.3 million used the Marketplace.

    Medicare is a federal entitlement program that provides health insurance for Americans age 65 and above, people with a disability, and those having end-stage renal disease or ALS. Medicare covered about 63 million people in 2023.

    Medicaid is a government program that provides health insurance and other benefits to low-income Americans. Medicaid is funded by both the federal government and the states. It is administered by the states within guidelines provided by the federal government. Coverage can vary from state to state. Medicaid covered about 63 million people in 2023.

    Also in 2023, about 9 million people were covered by TRICARE, a program for U.S. servicemembers, their dependents, and retirees administered by the U.S. Department of Defense. Another 3 million people were covered by the Veterans Administration and related programs.

    About 26 million people had no health insurance in 2023.

    Symptoms

    The most frequent complaint about health insurance is the cost. About half of Marketplace (55 percent) and ESI users (46 percent) gave their health insurance a negative rating based on its premiums in a 2023 survey by KFF. That’s roughly double the dissatisfaction rate for Medicare (27 percent) and Medicaid beneficiaries (10 percent).

    The cost of ESI for a hypothetical family of four in 2024 was $32,066, according to the actuarial firm Milliman. Of that total, about 58 percent would typically be paid by the employer.

    Cost is a major complaint for employers too, according to Orriel Richardson, an executive director at Morgan Health, a business unit of JPMorgan Chase aimed at improving health care.

    The growing refrain within small and mid-sized businesses is that providing health insurance for their employees is becoming unsustainable,” Richardson told The Epoch Times.

    Another pain point with health insurance is the complexity of the plans. Consumers say this makes their coverage difficult to use and often seems unfair. Providers say the requirements are burdensome to them and make it more difficult to provide good health care.

    Nearly two-thirds of Americans, 65 percent, said they don’t think health insurance providers are transparent about their coverage, according to a 2024 poll conducted by physician network MDVIP and Ipsos. Nearly the same number, 62 percent, find aspects of their health plan like co-insurance payments and deductibles hard to understand.

    A 2023 KFF report showed that most people, 58 percent, had trouble using their insurance within the preceding year. Denied claims, provider network issues, and pre-authorization were commonly cited problems. About half of those who experienced problems were unable to find a satisfactory resolution.

    Insurance companies generally do not publish their claim denial rates, though the data analysis firm Experian Health reported in 2024 based on provider surveys that claim denials are increasing. Thirty-eight percent of respondents said at least 10 percent of their claims were denied by the insurer. Some reported denial rates above 15 percent.

    In 2021, just 0.2 percent of in-network denied claims were appealed by Marketplace enrollees, according to an analysis by KFF. The appeals were unsuccessful 59 percent of the time.

    Providers are frustrated too. The administrative demands required by insurance companies are a particular pain point. Experian found that 65 percent of providers said meeting the insurers’ claim-submission requirements is harder now than before the pandemic.

    More than 80 percent of nurses said the administrative demands imposed by insurance companies delay patient care, and about 75 percent said insurance policies reduce the quality of care according to a 2023 survey by the American Hospital Association. More than 80 percent of physicians said insurance policies hamper their ability to practice medicine.

    A customer waits at the counter of a CVS Pharmacy store in Pasadena, Calif., May 2, 2016. Mario Anzuoni/Reuters

    Insurance companies are aware of the problems.

    Andrew Witty, CEO of UnitedHealth Group, said as much in an op-ed in The New York Times just days after one of his executives was gunned down in New York.

    We know the health system does not work as well as it should, and we understand people’s frustrations with it. No one would design a system like the one we have. And no one did. It’s a patchwork built over decades,” Witty wrote on Dec. 13.

    Causes

    Witty touched on a root problem commonly mentioned by health insurance experts. The industry did not develop purely as a market response to a need as many other businesses did. It was patched together over a hundred years or so through a combination of business and government interventions.

    We are working with a healthcare system that was never truly designed for the purpose of making people healthier and having them live their optimal lives. It was always reactive to different things,” Richardson told attendees at a 2023 event sponsored by the Alliance for Health Policy.

    ESI was started in the early 1900s by employers looking to ensure a reliable workforce. The Affordable Care Act now makes ESI mandatory for many employers. Medicare and Medicaid were created in 1965 to provide health coverage for uninsured Americans, though coverage has widened over time to provide access for more people.

    The Employee Retirement and Income Security Act of 1974 was created to regulate employee pensions and includes a provision prohibiting states from regulating ESI plans, according to KFF. The Emergency Medical Treatment and Labor Act was added in 1986 to impose minimum standards for emergency care on hospitals accepting Medicare patients. COBRA, HIPAA, the Affordable Care Act, and the No Surprises Act also impose conditions on health insurance and medical services providers.

    Read the rest here…

    Tyler Durden
    Sun, 01/05/2025 – 21:00

  • US 'Quietly' Sent Heavy Weapons To Ukraine Well Before Invasion Started, Blinken Reveals
    US ‘Quietly’ Sent Heavy Weapons To Ukraine Well Before Invasion Started, Blinken Reveals

    The United States is currently dealing with conflicts in multiple hot spots from Eastern Europe to Gaza to dealing with a collapsed Syrian state and continued standoff with Iran over its nuclear program.

    But the Biden administration regrets nothing – so says Biden’s Secretary of State Antony Blinken in a major end of term interview given to the NY Times and published this weekend. Among the more interesting pieces of new information from the interview is Blinken’s direct admission that Washington was covertly shipping heavy weapons to Ukraine even months before the Russian invasion of February 2022.

    “We made sure that well before [Russia’s ‘special military operation’] happened, starting in September and then again in December, we quietly got a lot of weapons to Ukraine,” he said in the interview published Saturday. “Things like Stingers, Javelins.”

    AFP/Getty Images

    The Kremlin at the time cited such covert transfers, which were perhaps an ‘open secret’, as justification for the invasion based on ‘demilitarizing’ Ukraine and keeping NATO military infrastructure out. Moscow had issued many warnings over its ‘red lines’ in the weeks and months leading up to the war.

    Below is the full section from the NY Times interview transcript where Blinken boasts of the pre-invasion transfers:

    QUESTION:  You made two early strategic decisions on Ukraine.  The first – because of that fear of direct conflict – was to restrict Ukraine’s use of American weapons within Russia.  The second was to support Ukraine’s military offensive without a parallel diplomatic track to try and end the conflict.  How do you look back on those decisions now?

    SECRETARY BLINKEN:  So first, if you look at the trajectory of the conflict, because we saw it coming, we were able to make sure that not only were we prepared, and allies and partners were prepared, but that Ukraine was prepared.  We made sure that well before the Russian aggression happened, starting in September – the Russian aggression happened in February.  Starting in September and then again in December, we quietly got a lot of weapons to Ukraine to make sure that they had in hand what they needed to defended themselves – things like Stingers, Javelins that they could use that were instrumental in preventing Russia from taking Kyiv, from rolling over the country, erasing it from the map, and indeed pushing the Russians back.

    Blinken claims elsewhere in the interview that the Biden White House kept diplomacy going the whole time, and tried to engage Moscow, but explains that this basically involved keeping the Western allies and backers of Kiev unified and on the same track.

    Interestingly when asked about whether its time to end the war, Biden’s top diplomat basically dodged the question…

    QUESTION:  Do you think it’s time to end the war, though?

    SECRETARY BLINKEN:  These are decisions for Ukrainians to make.  They have to decide where their future is and how they want to get there.  Where the line is drawn on the map, at this point, I don’t think is fundamentally going to change very much.  The real question is:  Can we make sure that Ukraine is a position to move forward strongly?

    QUESTION:  You mean use – that the areas that Russia controls you feel —

    SECRETARY BLINKEN:  In —

    QUESTION:  — will have to be ceded?

    SECRETARY BLINKEN:  Ceded is not the question.  The question is – the line as a practical matter in the foreseeable future is unlikely to move very much.  Ukraine’s claim on that territory will always be there.  And the question is:  Will they find ways – with the support of others – to regain territory that’s been lost?

    Blinken in the above essentially gives his view that no… it is not time to end the war, despite the majority of the war-weary publics in Europe and the US thinking the opposite. There’s some evidence that much or most of the common Ukrainian populace wants it to end as fast as possible as well.

    Ultimately, with the world now on the brink of WW3, it’s clear this White House regrets nothing, which even the title of the interview piece strongly suggests: Antony Blinken Insists He and Biden Made the Right Calls. But we think history will not look kindly.

    Tyler Durden
    Sun, 01/05/2025 – 20:25

  • House Report Discloses New Information On Unsolved J6 Pipe Bomber
    House Report Discloses New Information On Unsolved J6 Pipe Bomber

    Authored by Julie Kelly via Declassified with Julie Kelly,

    Four years after what the FBI describes as an act of domestic terror–the protest at the Capitol on January 6, 2021–federal authorities have not yet solved the most consequential crime of that day: the presence of two explosive devices within blocks of the U.S. Capitol.

    A report issued today by Representatives Barry Loudermilk (R-Ga) and Thomas Massie (R-Ky), chairmen of House subcommittees examining the events of January 6 and the work of the January 6 Select Committee, details how the FBI investigation into the so-called pipe bomber went cold by early 2021 despite dedicating significant resources into finding the suspect and initially identifying several “persons of interest.”

    The FBI originally claimed an individual wearing a hoodie planted the devices near the headquarters of the Republican National Committee and outside the headquarters of the Democratic National Committee on January 5, 2021 between the hours of 7:30 p.m. and 8:30 p.m. The devices were not discovered until 17 hours later, coincidentally, around the same time the Joint Session of Congress convened at 1:00 p.m. on January 6 to debate the results of the 2020 presidential election. A woman doing her laundry found a pipe bomb in an alleyway near the RNC headquarters at around 12:40 p.m.; a plainclothes Capitol Police officer discovered a similar device outside the DNC headquarters at 1:05 p.m.

    The latter situation posed an extreme danger to incoming Vice President Kamala Harris, who left the Capitol at 11:25 a.m. and inexplicably went to the DNC, where she remained until around 1:15 p.m. As I have reported, several officers including numerous Secret Service agents and a bomb-sniffing canine failed to detect the device sitting just steps away from the building’s entrance.

    News of the devices prompted the evacuation of nearby buildings and set off the first wave of panic that afternoon. Some top law enforcement officials including former U.S. Capitol Police Chief Steven Sund believe the devices were a diversionary tactic. “[While] law enforcement has not identified the suspect responsible for planting both pipe bombs, the explosive devices played a critical role in how the events of that day unfolded. Whether intended to or not, both pipe bombs acted as diversions, forcing law enforcement to draw resources away from the Capitol,” the report states. The first exterior breach of Capitol grounds occurred at 12:53 p.m.

    But no one has been arrested despite a $500,000 reward offered by the FBI. Further, the failure to locate the J6 pipe bomber doesn’t add up considering the extensive investigative tools still being used by the FBI to track down and arrest J6 protesters, a caseload now approaching 1,600 individuals.

    Footdragging, Stonewalling, and Non-Interest by J6 Truth Seekers

    Not only did the trail go cold, either intentionally or organically, the same political leaders and government officials who promised to expose the “truth” about the events of January 6 oddly are uninterested in the pipe bomb threat and not cooperating with Republicans in their separate attempts to find the bomber. The report discloses extensive stonewalling by federal and local agencies including the FBI, the ATF, the U.S. Secret Service, and the Metropolitan (DC) Police Department related to House Republicans’ requests for documents and interviews to help better understand the failed pipe bomb investigation.

    [The] FBI has failed to provide any responsive documents. On December 12, 2023, FBI Deputy Assistant Director Matthew Foder briefed the Committee on the status of the FBI’s pipe bomb investigation. Deputy Assistant Director Foder’s briefing failed to satisfy even the Committee’s most basic informational needs and dealt exclusively with information already in the public domain.”

    The former head of the Washington FBI field office, Steven D’Antuono, who led the pipe bomb investigation for nearly two years, also appears to have misled Congress by claiming some of the cell phone files obtained by the FBI were “corrupted,” which impeded their investigation. But according to today’s report, “the major cell carriers confirmed that they did not provide corrupted data to the FBI and that the FBI never notified them of any issues with accessing the cellular data.”

    Further, despite promises to fully investigate every aspect of January 6, the January 6 Select Committee ignored what represented the biggest threat to public safety and the safety of top elected officials including Harris and former House Speaker Nancy Pelosi.

    “A thorough review of almost three terabytes of data turned over by the Select Committee yielded shockingly few results regarding the pipe bombs— emphasizing how the Select Committee failed to thoroughly investigate the security and operational failures surrounding the events of January 6,” the report reveals. Rep. Bennie Thompson, chair of the now defunct committee, told Massie in 2023 that his committee did not look into the pipe bomb matter. The committee’s final 845-page report devoted less than three pages to the pipe bomb incidents and relegated it to the appendix.

    Even after the devices were detected on Jan 6, security perimeters established around both locations insufficiently protected the public, commuters, and nearby Congressional buildings, the report confirms:

    On January 6, 2021, the actions of federal law enforcement before, during, and after the discovery of the pipe bombs at the RNC and DNC constituted a series of egregious safety and security failures. First, federal law enforcement failed to conduct a thorough security sweep of the DNC, resulting in the delayed discovery of one of the pipe bombs. As a result of the USSS’s decision to not use critical explosive detection capabilities, the USSS failed to identify the device and allowed civilians and the Vice President-elect to pass within feet of the DNC pipe bomb. Second, after learning of the pipe bombs, federal law enforcement failed to properly secure and maintain perimeters around the pipe bombs, allowed commuter trains to transit within close proximity of the pipe bomb, and failed to prevent contamination of the crime scene. Lastly, federal law enforcement risked the safety and security of protectees during the evacuation from the Capitol. Despite repeated attempts to notify law enforcement stationed along the perimeter, numerous civilians, law enforcement officers, congressional leadership, and even trains passed by the pipe bombs, needlessly risking human life.

    A motorcade carrying Pelosi drove past the device after it was detected but before it was detonated. “Prior to Speaker Pelosi’s motorcade driving by the DNC pipe bomb, federal law enforcement had allowed more than fifteen vehicles to drive past the DNC pipe bomb despite repeated calls over the radio for law enforcement units to stop all traffic passing by the explosive device. The breakdown in command and control around the DNC pipe bomb and the failure to correct the breaches of the security perimeter culminated in law enforcement risking the safety of congressional leadership.”

    Plenty of Leads, No Answers

    The subcommittees’ report describes a full throttle investigation into the pipe bombs early on.

    In the immediate aftermath of January 6, the FBI’s case team worked aggressively to cultivate and pursue leads toward apprehending the pipe bomb suspect. As of January 2021, the FBI’s investigation consisted of over fifty investigators, including special agents, data analysts, Task Force officers, and support staff. Of those more than fifty investigators, thirty were special agents assigned to the case. The investigation also comprised of a range of investigative support teams such as the Cellular Analysis Survey Team, the Computer Analysis Response Team, and the Digital Imaging and Video Recovery Team. As a result, by April 2021, the FBI had collected over 105,000,000 data points in connection with the investigation.

    In February 2021, the FBI identified 186 phone numbers of interest; 36 numbers were assigned to agents for interviews, 98 required additional investigative steps. Fifty-one were categorized as “not needing further action” because the phones “belong[ed] to law enforcement officers or persons on the exclusion list.”

    By using another sophisticated investigative technique–tracking advertising data–the FBI case team, according to the report, “identified one [individual] whose movements matched the suspect’s movements as outlined by the video the FBI released tracking the suspect’s whereabouts.” But the result of that “significant lead…remains unclear,” the report states.

    More Unanswered Questions

    How is it possible the pipe bomber remains at large given the extensive resources first expended by the FBI and at their disposal to this day? Why did the J6 Select Committee avoid looking into the threat, particularly since it posed a mortal danger to both the incoming vice president and the Speaker of the House, who created the committee? Why did Kamala Harris never discuss her near-assassination attempt on the campaign trail? Why did D’Antuono mislead Congress about the condition of cell phone data? Why has the media stopped covering the pipe bombs?

    The good news for now is that House Republicans are not backing down. The key to permanently unraveling the entire Jan 6 narrative is tied to the mystery pipe bomber—and once that missing puzzle piece is found, the public likely will find more shocking revelations.

    Tyler Durden
    Sun, 01/05/2025 – 19:50

  • All US Military Bases Enact "Heightened Security Measures" After Terror Attacks
    All US Military Bases Enact “Heightened Security Measures” After Terror Attacks

    VOA’s Chief National Correspondent, Steve Herman, has released a new “Urgent Security Update” from the Department of Defense, indicating that, in response to the recent “terror attacks” in New Orleans and Las Vegas, all US military bases will implement “heightened security measures.” 

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    Here’s the full “Urgent Security Update“: 

    In response to recent terror attacks in New Orleans and Las Vegas, the Commander of US Northern Command has directed all military installations to immediately implement heightened security measures. These include:

    • 100% ID checks
    • Random inspections
    • Suspension of the Trusted Traveler Program

    The Trusted Traveler Program was a procedure that allowed DoD-affiliated sponsors to vouch for vehicle occupants to gain entry onto an installation.

    Drivers should expect delays and random inspections at entry gates as we enhance the security posture of our installation to ensure our ability to project combat power when and where required.

    This is a critical step in ensuring the security and readiness of our installations. Drivers should expect delays at entry gates due to increased inspections.

    Herman provided a screenshot:

    So, what exactly have federal investigators uncovered about the Cybertruck bomber and/or the ISIS-loving driver who killed 14 people in the Bourbon Street truck-ramming attack?

    Something must have spooked the Pentagon—a threat the government has likely kept under wraps for many months, though we explained it days ago in the note titled “Former CIA Officer Warns: 1,000 Al-Qaeda Fighters In US For Next Homeland Attack.”  

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    We believe it’s all related: “Terror Threat? NYC Now Deploys “Largest Military Presence In Subways Since 9/11 Aftermath.”

    This all reminds us of the days when the nation’s terror threat level was a regular feature on nightly MSM news. 

    Sigh. 

    Tyler Durden
    Sun, 01/05/2025 – 19:15

  • FBI: Investigation Into New Orleans Terror Suspect "Crossed State & International Borders"
    FBI: Investigation Into New Orleans Terror Suspect “Crossed State & International Borders”

    Update (1349ET):

    On Sunday, FBI New Orleans Special Agent in Charge Lyonel Myrthil told reporters that the investigation into the terror suspect, Shamsud-Din Jabbar, responsible for last week’s Bourbon Street massacre, has “crossed state and international borders.” 

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    Jabbar also visited New Orleans in October and used Meta smart glasses to map out the terror attack in the French Quarter.

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    An earlier report from ABC News revealed Jabbar traveled to Egypt in 2023.

    Jabbar left a recorded video to his family, in which he spoke about his plans to kill them and informed them he had joined ISIS:

    “I wanted to record this message for my family,” adding, “I wanted you to know that I joined ISIS earlier this year.

    It’s unclear when Jabbar became radicalized. According to Fox News’ Lucas Tomlinson:

    “FBI: Shamsud-Din Jabbar acted alone in carrying out New Orleans rampage, but ‘still looking’ into potential contacts in the US and overseas.” 

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    Federal investigators have not said whether the overseas investigation into the terror suspect was due to his past travels or if a deeper dive into public records might have uncovered connections with individuals or entities linked to terror organizations in one or two steps or possibly three steps away. 

    Jabbar’s car-ramming attack is consistent with other recent attacks in Europe, the latest being the German Christmas market attack

    The “lone wolf” (or individual jihad) attack in New Orleans should be very concerning and dangerous for US counterterrorism officials, as there’s no telling how many attackers are pre-trained and ready to strike within the country. Besides Americans becoming radicalized by ISIS (and or other terror organizations.), there is a much more serious concern that the Biden-Harris administration’s open border policies have compromised national security by flooding terrorists through porous southern and northern borders. Also, legitimate refugee pathways are another significant concern.

    Former CIA targeting officer Sarah Adams speculated on a recent episode of The Shawn Ryan Show that an Al-Qaeda “Homeland Attack” has likely already been set in motion.

    Isn’t it strange that the rise in terrorism across the Homeland is happening just before Trump takes office? 

    *   *   *

    The terrorist who killed 14 people and hurt 35 more in New Orleans in the early hours of New Year’s Day prepositioned bombs that used an extraordinarily rare explosive compound, senior law enforcement officials have told NBC News. The two devices didn’t detonate, but authorities are scrambling to learn how Shamsud-Din Jabbar was able to incorporate a type of explosive that has never before been used in a terror attack in America or Europe.   

    At around 3 am on Wednesday, Texas-born Houston resident Shamsud-Din Jabbar used a pickup truck to plow a path of carnage through a crowd of New Year’s partiers on Bourbon Street, before police killed him in a shootout. The 42-year-old US Army veteran’s plan had another dimension of death that he failed to execute: The FBI and ATF say he’d built two bombs that were rigged to be detonated with a transmitter that was found in his rented Ford F-150 truck.

    The improvised explosive devices were placed in recreational coolers that Jabbar placed on Bourbon Street; that action was recorded on security cameras. Neither bomb exploded, and investigators are still trying to determine whether that fortunate fact springs from a design flaw, a malfunction or Jabbar’s failing to attempt to trigger the devices. 

    The FBI released this photo of a cooler said to contain an improvised explosive device made by Bourbon Street terrorist Shamsud-Din Jabbar

    The officials who told NBC News about the rare explosive apparently stopped short of naming it, but emphasized that it was the first time it had been used in the United States, and had likewise never been used by terrorists anywhere in Europe. Investigators are now trying to determine how Jabbar learned about the extraordinary compound and how he was able to manufacture it. 

    Given the particulars of his military service, it’s unlikely Jabbar’s novel bomb-making knowledge was gained during his time in uniform. “Jabbar was in the regular Army as a Human Resource Specialist (42A) and Information Technology (IT) Specialist (25B) from March 2007 until January 2015 and then in the Army Reserve as an IT Specialist (25B) from January 2015 until July 2020,” a Pentagon official told Task & Purpose. “He deployed to Afghanistan from February 2009 to January 2010. He held the rank of Staff Sergeant at the end of service.”

    No Rambo: Jabbar’s Army time was spent in human resources and information technology (Facebook/Reuters)

    The pickup truck that Jabbar used to murder 14 people and wound dozens more was adorned with an ISIS flag. Law enforcement officials say that he posted videos to Facebook hours before his attack. Seemingly created for the benefit of his family, the videos showed him pledging allegiance to the Salafist terror group as he was driving. Remarkably, he said he’d considered attacking his family and friends, but rejected the idea out of concern that ensuing news coverage would fail to properly focus on the “war between the believers and the disbelievers.”  After he was killed, police found he’d been armed with an AR-15 and a handgun

    Before launching his attack on innocent revelers, Jabbar set his short-term rental house ablaze, but “the fire burned to a point that it extinguished itself prior to spreading to other rooms,” federal investigators say. The arson stopped short despite Jabbar having apparently positioned accelerants throughout the house. The house on Mandeville Street in New Orleans held bomb-making materials and what police believe is a homemade rifle silencer.  Similar bomb materials were found at Jabbar’s house on Crescent Peak Drive in Houston, in a predominantly Muslim neighborhood on the city’s north side. 

    Jabbar’s Houston house after federal investigators raided it soon after his rampage in New Orleans (Lucio Vasquez/Houston Public Media)

    In its Friday statement, the FBI said it had brought an additional 200 personnel to New Orleans to boost the investigation, noting the bureau had received nearly 1,000 tips and was evaluating “terabytes worth of video and other data collected by street cameras monitored by the New Orleans Real Time Crime Center.” 

    While the FBI earlier suspected that Jabbar had accomplices, the bureau now says otherwise. “We do not assess at this point that anyone else is involved in this attack other than Shamsud-Din Jabbar,” said Christopher Raia, deputy assistant director of the FBI’s counterintelligence division, on Thursday. 

    Jabbar’s younger brother, 24-year-old Abdur Jabbar, told the New York Times that his older brother’s mass murder wasn’t an exemplification of Islam. “What he did does not represent Islam. This is more some type of radicalization, not religion.”

    Tyler Durden
    Sun, 01/05/2025 – 18:49

  • Meet Joel Salatin, A Leader In Regenerative Agriculture And Self-Described 'Lunatic Farmer'
    Meet Joel Salatin, A Leader In Regenerative Agriculture And Self-Described ‘Lunatic Farmer’

    Authored by Jeff Louderback via The Epoch Times (emphasis ours),

    Joel Salatin, the self-described “Christian Libertarian environmentalist capitalist lunatic farmer,” enthusiastically engages in a free-flowing conversation as he navigates the bumpy mountain roads that wind through his 700-acre Polyface Farms in Virginia’s Shenandoah Valley.

    Joel Salatin is a fierce advocate for farming that is in tune with nature. Courtesy of Polyface Farm

    He showcases his whimsical sense of humor while driving a faded early-1980s Ford Bronco that has no windows and only gets washed by the rain.

    Most self-respecting farmers are supposed to have a side-by-side ATV, but I’m not a self-respecting farmer,” Salatin said. “I’ve got this old $2,000 Bronco. And it gets the job done.”

    Regarded by many as the nation’s foremost authority on regenerative farming, Salatin is the author of more than a dozen books on the topic and travels around the world speaking at conferences and serving as a generously paid consultant.

    An advocate for local food networks, independent farmers, and what he calls “personal choice in food sourcing,” he is outspoken about what he believes is “extreme government overreach” in agriculture.

    After former President Donald Trump won a return to the White House in November, Salatin announced on his blog that the president-elect’s transition team contacted him to serve as a U.S. Department of Agriculture adviser and that U.S. Rep. Thomas Massie (R-Ky.) would serve as secretary of agriculture.

    Instead, Trump nominated Brooke Rollins to head the Department of Agriculture.

    Still, the 64-year-old Salatin said he is hopeful that the incoming Trump administration—which may include a Department of Health and Human Services led by Robert F. Kennedy Jr.—will remove government regulations that “are detrimental to farmers, and subsequently detrimental to consumers.”

    “A key to improving the quality of our food is to lessen regulations so people could get locally sourced food and not have to get food shipped from across the country,” Salatin said.

    Cumbersome Regulations

    He noted that there are thousands of farm entrepreneurs ready to launch their clean food alternatives but that they can’t get to the marketplace because of these food regulations.

    “Four companies control 85 percent of what we eat in America,“ he said. “What we need is freedom of choice with our food.”

    Brooke Rollins, president and CEO of the America First Policy Institute, speaks during a press conference announcing a class action lawsuit against big tech companies at the Trump National Golf Club Bedminster, in Bedminster, N.J., on July 7, 2021. Michael M. Santiago/Getty Images

    Salatin said that if Rollins is confirmed as secretary of the Department of Agriculture, he would like to see her swiftly enact a “Food Emancipation Proclamation” that would “allow direct farmer-to-consumer” transactions without cumbersome regulations.

    If you want to come to my farm and get sausage, I should be able to sell it to you without a bureaucrat being involved,” he said.

    “If someone wants to do that now, I first have to take the pigs to a federally inspected processing facility, which has to pass through a whole bunch of licensing hoops to keep their license, and I have to pay them to do that.”

    If it were legal, Salatin said, Polyface Farms would be a turnkey operation.

    Instead, regulations require otherwise.

    “We have to take that pig up the interstate to a slaughterhouse, and we pay a lot of money to bring it back,” he said. “We lose all of our guts, you know, the stuff that we could compost and use for fertilizer, and the income we could get by doing it ourselves.”

    Salatin laments the plight of the modern independent farmer.

    Out of every dollar that’s spent at the grocery store, the farmer gets 9 cents of it on average,” he said.

    “For beef, it’s higher. For wheat, it’s lower, but on average it’s 9 cents. So that means 91 of those cents are spent dealing with middlemen, transportation, processing, packaging, marketing, and distribution.”

    It would be a “boon” to small farmers if government regulations were “significantly reduced,” Salatin said.

    “Suddenly, a small farmer can make a better living and it would also be a wonderful multiple-choice option for consumers to be able to have a greater variety of quality food options at a more affordable price,” he said.

    Advocates of expanded government oversight are saying “they trust government more than they trust small businesses and small farms,” and that “needs to change,” Salatin said.

    Raw milk is a perfect example,” he said. “The government demonizes raw milk as being unsafe. We subsidize $9 billion a year to Coca-Cola under a nutrition program, and we criminalize raw milk.

    “I would suggest that Coca-Cola is far more dangerous than raw milk. I’m not suggesting that nobody’s ever gotten sick from raw milk. Has anybody ever gotten sick from Coca-Cola? Yeah, lots of people with all these obesity rates that are caused by consuming large amounts of sugar.”

    Joel Salatin moves cattle from one pasture to another at Polyface Farms outside of Swoope, Va., in 2024. Jeff Louderback/The Epoch Times

    Regenerative Methods

    EarthDay.org reports that the United States is losing soil 10 times faster than it is being replenished.

    Large-scale farms produce most of the food and agricultural pollution, the site says, and those facilities are operated by industrial or foreign companies that “value short-term profits over the long-term health of our land and people.”

    Regenerative farming “promotes the health of degraded soils by restoring their organic carbon” through practices such as no-till farming and cover cropping that reduce erosion and water pollution and cultivate healthier soil, according to the site.

    Salatin agreed and offered a simpler definition of regenerative farming.

    “It’s all about leaving the land better off than when you found it,” he said.

    “America is sick. More people are questioning the standard American diet. Food and farming go together. You can’t divorce food from farming.

    “You must first have nutrient-dense farms to get nutrient-dense food.”

    Salatin learned regenerative farming methods from his father, who bought the property where Polyface Farms sits in 1961.

    The land was not fertile, eroded after decades of over-tilling and neglect.

    Salatin’s father turned away from conventional farming and embraced regenerative methods such as planting trees, digging ponds, creating tall compost piles, and implementing rotational grazing.

    The land is now lush and rich in nutrients.

    Today, Polyface Farms provides beef, pork, poultry, and forestry products for more than 5,000 families, 50 restaurants, 10 retail outlets, and a farmer’s market.

    Joel Salatin, founder of Polyface Farm and an organic farming expert, takes a break from his presentations at the Food Independence Summit. Courtesy of Emma Low/Food Independence Summit

    Four generations of Salatin’s family live and work on the farm.

    For centuries, Americans lived on locally sourced foods grown on farms free of chemicals. A change started when chemical fertilizers became widespread, which has led to depleted soil and unhealthy foods, Salatin said.

    Even in the 1940s, some people cautioned that using “chemical manure” would result in the loss of soil fertility, according to Salatin.

    “The quickest way to destroy the land is to de-vegetate it, and plowing is No. 1,” he said.

    Read the rest here…

    Tyler Durden
    Sun, 01/05/2025 – 18:40

  • Zelensky Believes Trump Is 'Capable Of Stopping Putin'
    Zelensky Believes Trump Is ‘Capable Of Stopping Putin’

    With a mere couple weeks away from Trump sitting at the president’s desk in the Oval Office, Ukraine’s Zelensky is trying to play nice and speak positive things of the US president-elect after some prior tensions.

    Despite Trump’s return to power being a source of anxiety in Kiev and for NATO, Zelensky in a recent interview with a British news outlet said he expects continued support from Washington into the Trump administration with no problems.

    “Trump can be decisive. For us, this is the most important thing,” the Ukrainian leader said, and added: “His qualities are indeed there.”

    That’s when he emphasized of Trump: “He can be decisive in this war. He is capable of stopping Putin or, to put it more fairly, help us stop Putin. He is able to do this.”

    Via AP

    Zelensky could be placing hope in a Financial Times report from last month which said, “In a boost for allies deeply concerned over their ability to support and protect Ukraine without Washington’s backing, Trump now intends to maintain US military supplies to Kyiv after his inauguration.”

    However, this could easily also be seen as Trump’s team signaling Moscow in preparation for negotiations, or a tactic of sorts. The US/Kyiv side will seek to negotiate from a position of strength, despite Ukraine forces being beaten back along the frontlines in the east.

    Another reason Zelensky might be optimistic about continuing strong support under Trump is that the president-elect has nominated a number of hawks to key foreign policy positions.

    For example, incoming National Security Adviser Mike Waltz and Envoy to the Ukraine War Keith Kellogg have expressed support for continued NATO escalation in arms transfers to Ukraine’s military. They’ve even in the recent past praised Biden’s constant weapons deliveries.

    Zelensky has stood firm on a future path to NATO, something which Moscow considers a non-starter:

    Zelenskiy has said that achieving a just peace for Ukraine meant receiving solid security guarantees from its allies, joining the European Union and receiving an invitation to join the NATO alliance, a notion rejected by Moscow.

    “Naturally, any security guarantees without the United States are weak security guarantees for Ukraine,” he said.

    Zelenskiy said he wanted to ensure that any U.S. plan on a settlement took account of Ukraine’s views.

    The rumor is that Trump’s peace plan envisions a 20-year waiting period for Ukraine to join the Western military alliance. But Putin’s position is that this just delays major war. Moscow has condemned the idea of Kiev joining NATO at any future date.

    So one side or the other is going to have to give on this point, if Trump is to fulfill his constant campaign promises of quickly bringing the war to an end.

    Tyler Durden
    Sun, 01/05/2025 – 18:05

  • The Importance Of Persistence
    The Importance Of Persistence

    Authored by Christian Milord via The Epoch Times (emphasis ours),

    As we enter the New Year of 2025, it might be a good idea to reflect on the past year and examine aspects of our character that could use extra effort in meeting life’s challenges. One of these traits could be persistence.

    Navy SEAL students undergo physical training in Coronado, Calif., on June 22, 2003. Photographer’s Mate 2nd Class Eric S. Logsdon/U.S. Navy via Getty Images

    The dictionary defines persistence as the continuance in a course of action in spite of difficulty and opposition or the ability to endure over a prolonged time period. In other words, the quality of being committed regardless of the challenges or obstacles thrown in one’s path.

    Persistence can be interpreted in both a negative and positive light. If an individual persists in destructive behavior with certain vices, then negative outcomes become a strong possibility. On the other hand, if persistence is applied toward worthy goals, it can lead to a life of purpose and fulfillment.

    What are some examples of determined perseverance? Some of the most challenging examples of doggedness would be the extreme mental and physical training required of special operators in the Army’s Green Berets, Delta Force, and Rangers, Coast Guard Deployable Specialized Forces, Marine Raiders, Marine Corps Force Reconnaissance, Navy SEALs, and so on. They all demand an exceptional level of grit and steadfastness.

    Other extreme examples of dedication might include two marathon runners, a Belgian woman in 2024 and a Brazilian man in 2023, who both ran a marathon every day for an entire year. For most folks, it is unnecessary to attain these heights of stamina and intense training that could lead to eventual exhaustion and physical injuries. You might just want to develop diligent study habits at home and in school.

    While mental and physical traits can help an individual overcome speed bumps while moving toward specific goals, social and spiritual traits are also important. In the coming year, one might want to develop better social relations with others or become more in tune with one’s innate spiritual nature.

    Regardless of one’s resolutions for the coming year, one can be applauded for the desire to learn from the past and set sight on better habits of persistence. Understand that these habits of motivation won’t unfold all at once. Discipline and focus must be nurtured on a daily basis in order to reach any objective, large or small. Remember, one can look at mistakes in two ways. You can think of them as failures or as learning experiences.

    If you view mistakes as failures, you might throw in the towel and fall back into past habits. However, if you view mistakes as learning experiences, you can redouble your efforts and remain determined to accomplish worthy goals that you have set. These goals can not only help you lead a more fulfilling life but can also assist others either by accident or design.

    First, if you identify a goal that you want to pursue, be resolved not to give up on your goal no matter how many hurdles are placed in your way due to the ever-present vagaries of life. If you run into roadblocks, find creative ways to get around or over them. Remember that in your pursuits, you don’t have to go it all alone. Enlist the help of other folks and don’t be afraid to reach out to others for advice that can bolster your progress.

    Next, if you tell yourself that you want to get into better physical shape this year, start gradually so that you don’t succumb to fatigue. Work out in a variety of routines, perhaps two or three times a week. Over time, you can increase the workouts to four or five times a week for 45 to 60 minutes each. Combine those workouts with a healthy diet, hydration, and adequate rest, and you will feel much better with positive energy.

    Third, if you want to enhance your connections with other people both outside and within your circle of friends, don’t wait for others to extend a hand. Reach out, break the ice, and communicate with others so that you can deepen relationships and lend a helping hand when needed. Good communications can develop when we learn how to proactively listen and know when to speak. Continuously practice these skills.

    Fourth, be determined to reflect on your spiritual progress and how you can be more prayerful and receptive to spiritual guidance. If we combine faith with good works to help others, we can strengthen our spiritual journey that is never finished until we pass away. Remind yourself daily to be grateful for the limitless blessings we enjoy in a free country.

    We all face rejection in life, whether in school, job searches, relationships, or other areas. I’ve lost count of the times I’ve been turned down for certain job positions and articles submitted for publication. Don’t let rejection keep you down. If a particular door closes, others can open, so keep an eye out for any opportunities available for your talents and time.

    Regardless of one’s field of interest—from “A” for artist to “Z” for zoologist—remember that tenacity can be a highly positive trait that can truly build character. Have a healthy and persistent year ahead!

    Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times or ZeroHedge.

    Tyler Durden
    Sun, 01/05/2025 – 17:30

  • "All Ingredients Sourced Locally": From Sidewalk To NYC Halal Food Truck
    “All Ingredients Sourced Locally”: From Sidewalk To NYC Halal Food Truck

    Omg I can’t believe what I just saw! Please don’t buy food from this food truck! He throws food scraps to the pigeons and then he captures the pigeons to sell them! I swear I have seen crazy but this tops it all! This food truck is located in Queens New York, at the corner of Queens Blvd and Junction Blvd, across from the Rego Park mall, right in front of TD bank,” Instagram user ori.the.minion wrote last week. 

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    The New York Post interviewed Oriana Biersack, who witnessed the pigeon kidnapping by the operator of the MS Halal truck near the Rego Center Mall on Queens Boulevard last week and reported the incident to the city Department of Health.

    I am beyond disgusted,” she told NYPost, adding, “After that, I saw him grab water and he was rinsing his hand and swishing water in his mouth … He was sticking his fingers into his mouth and scrubbing his teeth with his fingers. I was shocked at what I was seeing but I didn’t record the rest.” 

    One X user joked, “It’s an NYC food truck. That pigeon is probably the most sanitary thing in there.” 

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    Another:

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    “All ingredients sourced locally,” Thought Police HQ joked on X. 

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    Ha. 

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    Besides the pigeons, migrants have been eating the … 

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    This is one way to fix the rodent crisis in NYC. 

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    From the sidewalk to the table: Halal trucks seem to have it all covered.

    Tyler Durden
    Sun, 01/05/2025 – 16:55

  • If Biden Wanted To Leave An Easter Egg For Trump, The Dock Workers' Deal Ending On January 15th Seems Like A Nasty One
    If Biden Wanted To Leave An Easter Egg For Trump, The Dock Workers’ Deal Ending On January 15th Seems Like A Nasty One

    By Peter Tchir of Academy Securities

    Messy But Manageable

    Last weekend we went with 2025 Will Be Messy. We discussed that subject and the implications on Bloomberg Radio/YouTube (30-minute mark) to kick off the year on Thursday. Unfortunately, Academy also had to publish a SITREP – Terrorist Attack in New Orleans.

    We did get some volatility as stocks sold off into the New Year. While assets tried to bounce on the first day of trading, that momentum faded. However, at least stocks (and Bitcoin) performed well on Friday (which, technically, is the last official day of the Santa rally, which the Grinch did seem to hack).

    What was noticeable about Friday was how well stocks did after the Speaker was picked on the first vote. While there were some delays as “cloakroom” deals were hammered out (which brought back memories of Hamilton’s “The Room Where it Happens”), the whole thing went relatively smoothly.

    Markets were prepared for more of a “mess” (than what actually occurred), and rightfully did well as optimism that the positive things for the economy (and markets) will get done.

    The expected deluge of corporate bond issuance got off to a fast start with 10 issuers coming to market on Thursday! (Academy was an underwriter on 5 of those deals).

    There are a few important things to watch this coming week, which should move markets in a meaningful way.

    Treasury Yields

    We raised our near-term target on 10s to 4.75%. With the 10-year and 30-year auctions this week, that should put some pressure on Treasuries. With a very heavy corporate calendar, there should be rate hedging and buyers who prefer corporates to Treasuries (which will also tend to push yields higher). Finally, nothing about this administration (despite D.O.G.E.) points to it being fiscally conservative, so that too will weigh on bonds (yields drifted higher as the Speaker vote proceeded relatively smoothly).

    In terms of “only” 1.5 cuts being priced in for 2025, that is starting to seem low, but we are not really prepared to argue against it too heavily one way or the other (basically our higher yield call at the longer end is primarily linked to further steepening of the yield curve).

    Jobs versus Inflation

    This is Jobs Week (nowhere near as entertaining as Shark Week). We get JOLTs, ADP, and NFP. Consensus is that the reports will be mediocre at best (160k estimate on NFP headline). If anything, the “whisper” number seems even lower. While that is completely in line with our take on the economy, there are two main reasons why we are not prepared to bet on the jobs data being weak enough to really move the needle for the Fed:

    • The Household number (used for the Unemployment Rate) has been significantly lower than the Establishment number, so there is some reasonable probability that the data will catch up, keeping the unemployment rate well under control.
    • We have argued that the seasonal adjustments, while “normalizing,” are still off due to including Covid and are not adapting rapidly enough to the importance of weather in the South versus the North. Just like last year, we believe that there is a bias in the seasonal adjustments that can create a “beat” in the jobs data.

    While some have argued that the Fed may have acted politically at their last meeting, we are NOT in that camp (A Tough Powell Who Didn’t Take the Bait). We are far from convinced that the economy is robust or that the job’s data reflects reality (we think that it has consistently overstated the strength of the labor market – which the ongoing downward revisions seem to support). But the Fed is somewhat forced to work with the official data.

    But the main reason why we were calling for the Fed to do what they did is concern about inflation.

    We highlighted the almost comedic healthcare “deflation” stats in the CPI data! The Fed uses those numbers, but that is possibly the single biggest reason why no one in the real world (or at least the world where you need to have health insurance) is as happy about CPI coming closer to 2% as the economists would have you believe.

    With respect to whatever is going to happen on the tariff front, companies have been purchasing goods ahead of the potential risk. We do think that the risk is now higher than the market believes, primarily because China did not buy the agricultural goods they promised to buy last time, and President Trump will not let that happen again on his watch. The logical reaction by companies and the underestimated risk of tough trade talks will add to inflation pressure.

    Video games often include “Easter Eggs.” Little hidden things left by the developers for the gamers to find. Well, if President Biden wanted to leave an “Easter Egg” for President Trump, the temporary dock worker’s deal ending on January 15th seems like a potentially nasty one. There was a time when people were concerned about the impact that the strike would have on the economy and inflation. That has largely gone away, but with the use of automation being a contentious point, it could come back. With Musk (and some other members of the Trump team) being so clearly for automation, robotics, etc., this could get messy. Also, it did seem that the Steel Workers union was happy about the U.S. Steel deal getting shot down. While a completely different issue, I cannot help thinking that it should be viewed as at least a small warning from the unions and could impact things like the dock workers.

    The inability to get inflation closer to 2% is likely to remain a theme (the Atlanta GDPNow estimate for PCE has been back above 3% for the last month).

    We are looking for data and narratives that:

    • Inflation is not only alive, but it is also possibly rising again.
    • Jobs, while not robust, are not weak enough to compel the Fed to cut.

    I fully expect that in the coming months, we will be calling for more rate cuts than the market has priced in, but it is premature to move in that direction.

    Bottom Line

    With Bitcoin as a useful signal, we expect “risk on” type days when it looks like the Trump administration will be able to accomplish a lot, and “risk off” days when it looks messier.

    If we are correct on rates, then stocks will likely have trouble continuing the rally that actually started late into Thursday’s trading.

    We are watching not just the inflows into option-linked ETF strategies, but also the dominance of leveraged long ETFs. We’ve seen reports that the leveraged long ETFs have 100 times the AUM of leveraged short ETFs. We haven’t verified this, though we’ve been harping on the single stock leveraged ETFs theme for a while. It is true that TQQQ (3x long QQQ) has $25 billion of AUM versus $2 billion in SQQQ (3x short QQQ). These leveraged ETFs contain significant drags for their holders (they have to buy more shares at the end of up days and sell shares at the end of down days) and have the potential to significantly amplify larger moves.

    Between those categories of ETFs and the ongoing dominance of short-dated options (0-days-to expiration, etc.), we expect to get moves that are larger than they should be based on the data. Not a great market structure issue in a world where we expect messiness (if not chaos).

    We will be following up with our take on how the geopolitical landscape is likely to influence markets, with a focus away from the “Big 3” (China, Russia/Ukraine, and the Middle East). Thanks again for all the support in 2024! We hope that 2025 is great for everyone and we are looking forward to working together in 2025!

    Tyler Durden
    Sun, 01/05/2025 – 16:20

  • Following 'C-4' Detonation Test, YouTuber "WhistlinDiesel" Sends Cybertruck Through Second Durability Test
    Following ‘C-4’ Detonation Test, YouTuber “WhistlinDiesel” Sends Cybertruck Through Second Durability Test

    Days after the Tesla Cybertruck bombing outside the Trump International Hotel in Las Vegas on New Year’s Day, YouTuber Cody Detwiler, known as WhistlinDiesel, released the second part of the Cybertruck durability test versus a Ford F-150 pickup truck.

    In the first test, Detwiler strapped explosives to the door panels of both trucks. The YouTuber claimed ‘C-4’… It appears the Cybertruck withstood the blast. 

    The F-150, not so much.

    The alleged Cybertruck bomber, Matthew Livelsberger, clearly did not watch Detwiler’s first video in August about the explosives test on the Tesla EV truck. If he had, he might have understood that the vehicle’s stainless steel body would not have been the best choice for maximum damage—unless his intent was to make a statement.

    Las Vegas Sheriff Kevin McMahill told reporters last week that Cybertruck’s structure helped direct the blast away from sidewalks and doors, which may have saved lives. 

    Right…

    Back to WhistlinDiesel’s Cybertruck testing. 

    “The long awaited follow-up to test #1 is finally here. After our first durability test, the Cybertruck had to be sent off to Tesla for extensive (and expensive) repairs. We finally got it back and it’s ready to undergo the next series of tests to find out if it’s truly as durable as Elon says they are…” Detwiler wrote in the video’s description. 

    And the winner is… I don’t know – this is very difficult. They both did really good – but the Cybertruck went to the shop, the F-150 did not. Also, the F-150 isn’t broken because it doesn’t have enough power to break itself. When the Cybertruck is running, it goes hard enough to break itself. The F-150 can’t,” he concluded the video by awarding the F-150 a narrow win

    Here’s the video of the second durability test:

    The Vegas Cybertruck bombing was more of a statement than an attempt to inflict maximum damage. The bomb’s composition and the choice of the vehicle clearly reflect this, along with the location. 

    Tyler Durden
    Sun, 01/05/2025 – 15:45

  • Syria's New Justice Minister 'Oversaw Execution Of Women For Prostitution'
    Syria’s New Justice Minister ‘Oversaw Execution Of Women For Prostitution’

    Via Middle East Eye

    Syria’s interim justice minister has come under scrutiny following the resurfacing of old videos reportedly showing him reading execution sentences in Idlib.

    The videos, verified by the fact-checking network Verify-sy, appear to show Shadi al-Waisi reading the execution sentences of two women charged with “corruption and prostitution” in 2015.

    Shadi Al-Waisi was an Islamic judge in jihadist-held Idlib before becoming justice minister in post-Assad Syria. Getty Images

    “The platform Verify-sy conducted a thorough verification process using specialized technical tools to match the features and tone of voice clearly heard in at least one of the videos, with the features and voice of [Justice] Minister Shadi al-Waisi, who had recently appeared in several filmed interviews,” the network said in a statement. “The results showed a high degree of match, despite the poor quality of the circulated recordings.”

    Verify-sy also reached out to several parties in the new Syrian government, with an anonymous senior official confirming that the man in the videos is Waisi.

    The source said Waisi was a judge at the time. The Hay’at Tahrir al-Sham (HTS)-led government has not commented on the footage. 

    “The content of the video presented to us documents the enforcement of the law at a specific time and place, where the procedures were carried out in accordance with the laws in effect at that time and as part of a procedural agreement,” the source said.

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    “However, we would like to point out that this process reflects a stage we have moved beyond in light of the current legal and procedural transformations, which makes it inappropriate to generalize it or use it to describe the current stage, given the differing circumstances and references.” 

    The resurfaced footage has been met with widespread criticism online from many Syrians who were previously critical of Bashar al-Assad and his government.

    Warning: graphic footage

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    “If [HTS leader Ahmed] al-Sharaa opposes punitive measures of this nature, he needs to signal this to the hardline Islamists in Syria who aspire for it,” Syrian journalist Rami Jarrah wrote on X.

    Some have questioned whether such punitive measures will be permitted under Syria’s new administration, while others have called for Waisi to be removed from office.

    Tyler Durden
    Sun, 01/05/2025 – 15:10

  • "Liquid Gold": How Bovine Colostrum Is Revolutionizing Gut-Health, Immunity, Athletic Performance, And Inflammation Management
    “Liquid Gold”: How Bovine Colostrum Is Revolutionizing Gut-Health, Immunity, Athletic Performance, And Inflammation Management

    Bovine colostrum, often heralded as nature’s first food, is the initial milk produced by cows immediately after giving birth. This nutrient-rich substance is not only pivotal for the health of newborn calves but also offers substantial health benefits for humans. A plethora of research, including a comprehensive review published in 2021, underscores the diverse applications and significant health potentials of bovine colostrum, positioning it as a valuable addition to both dietary supplements and functional foods.

    • In one study, cyclists taking bovine colostrum had improved performance. In another study, soccer players recovered more quickly from exercise vs. a placebo.
    • In another study, people with colitis had a reduction in pain.
    • Other studies suggest colostrum can help maintain the integrity of the gastrointestinal system – making the gut less permeable, and helping those with leaky gut syndrome.
    • A 2024 study confirmed that Colostrum supplementation in adulthood “improves the anti-infection ability of the human respiratory tract and gastrointestinal tract and the body’s exercise capacity,” and in the elderly, can “help reduce the release of inflammatory factors and reduce the low immunity caused by aging.”
    • Another paper which reviewed the findings from seven trials involving 445 participants, researchers found that bovine colostrum may decrease the risk of upper respiratory tract infections – possibly supporting the regeneration of mucous membranes in the upper airway, or providing antibodies that help certain immune cells kill other cells infected with a virus.
    • A 2021 study found that bovine colostrum has “a range of properties likely to contribute to mucosal healing in a wide range of infective, inflammatory, and injury conditions.”

    Which is why we carry colostrum from IQ Biologix, sourced from the first milking of grass-fed cows. Click here to buy.

    Contains:

    • Grass Fed Bovine Colostrum (4000mg): Sourced from pasture-raised cows, this colostrum is packed with immune-supporting properties, helping to strengthen your body’s defenses and promote healthy digestion.
    • Immunoglobulin G (1000mg): A key immune-supporting antibody, Immunoglobulin G (IgG) helps protect the body from pathogens and supports a balanced immune response.
    • Proline-Rich Peptides (140mg): Known for their anti-inflammatory properties, these peptides play a role in supporting immune function and promoting a healthy gut barrier.
    • Lactoferrin (40mg): A powerful protein that aids in immune function and supports gut health by promoting beneficial bacteria and reducing harmful pathogens.

    According to Jennifer Smilowitz, assistant professor at the University of California, Davis, colostrum is “liquid gold” for babies in the fragile first days of life.

    “I found that I craved this colostrum like nothing I’ve ever craved before. The craving was so profound, I decided I was going to follow my body,” said Paola Brown, who suffers from celiac disease, in a statement to the Epoch Times.

    One thing she learned was that taking antibiotics for the occasional infection such as a UTI would only set back her health even more. Now a fierce advocate for homeopathy and a curriculum specialist, Ms. Brown learned alternative ways to address infections so she could experience the full benefit of her gut improvements.

    She has taken colostrum daily for more than seven years and no longer has to avoid any specific foods.

    While not quite as impressive as human milk for newborns, a 2016 study in Applied and Environmental Microbiology showed how bovine colostrum can help improve the intestinal microflora to increase Bifidobacterium species—the formative bacteria for immunity.

    Digging deeper…

    Via “Insights into the Research Trends on Bovine Colostrum” (NCBI)

    Nutritional and Immune Fortification: Bovine colostrum is densely packed with immunoglobulins such as IgG, IgA, and IgM, which are essential for bolstering neonatal immunity and offer protective effects against various pathogens. Additionally, it contains growth factors, including insulin-like growth factors (IGF-I and IGF-II), crucial for tissue repair and growth. The rich array of proteins, fats, vitamins, and minerals in colostrum provides comprehensive nutritional benefits, supporting overall health and wellbeing.

    Therapeutic Benefits Beyond its nutritional value, as seen above, bovine colostrum has been demonstrated to improve gut integrity and reduces permeability, thereby alleviating gastrointestinal disorders. Its immune-modulating properties help the body combat infections and may reduce the incidence of allergies and autoimmune diseases. Furthermore, the antimicrobial properties of lactoferrin and other peptides within colostrum are effective against a broad spectrum of pathogens.

    Via “The Effect of Bovine Colostrum on Immunity in People of All Ages” (MDPI)

    The vast antimicrobial properties of colostrum can help create a powerful immune defense by preventing harmful microorganisms from proliferating and causing a pathogenic infection.

    People know that if you feed your infants with colostrum, they will be stronger. This has been known for centuries,” according to Sercan Karav, associate professor at Canakkale Onsekiz Mart University in Turkey. “It is the only superfood in nature that covers everything. It gives everything to the newborn, everything in terms of nutrition, in terms of the growth factors, and the immunological factors. There is no other food that has those characteristics.”

    Perhaps the biggest boost to immune health comes from the immunoglobulins G (IgG), A (IgA), and M (IgM)—also called antibodies—found in high concentrations in bovine colostrum. They don’t pass the placental barrier in cows, so calves receive all their antibodies from colostrum.

    In one trial involving 160 children with chronic diarrhea, those who took bovine colostrum had less diarrhea or vomiting after two days.

    Innovative Processing and Safety: Advances in dairy processing technologies have facilitated the incorporation of bovine colostrum into various consumer products, ranging from fresh liquids to powders. These products are generally well-tolerated and considered safe for consumption across different age groups, ensuring they are accessible to a wide audience.

    Looking Ahead: Research and Potential Ongoing research continues to explore the preventive and therapeutic uses of bovine colostrum in chronic disease management and as adjunctive therapy in various medical conditions. This ongoing study highlights the potential of bovine colostrum to play a crucial role in future health interventions.

    As the interest in natural and functional foods continues to grow, bovine colostrum stands out as a multifaceted supplement capable of supporting a broad spectrum of health needs. Its comprehensive benefits make it a formidable ally in the quest for enhanced health and wellness, promising a robust future both in dietary supplements and therapeutic applications.

    As with most emerging supplements, more studies are required to determine the long-term benefits of colostrum.

    And if you missed it above, grab some Colostrum here…

    Tyler Durden
    Sun, 01/05/2025 – 14:35

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Today’s News 5th January 2025

  • On China's Massive Hacking Campaign Targeting The US
    On China’s Massive Hacking Campaign Targeting The US

    Authored by Andrew Thornebrooke via The Epoch Times,

    China has dramatically increased its cyberattacks against the United States since Chinese Communist Party leader Xi Jinping came to power in 2012.

    From espionage to intellectual property theft to sabotage, here is a look at 20 of the largest Chinese cyberattacks against the United States in the last 10 years.

    August 2014: Community Health Systems Hack 

    A state-backed hacking group in China—referred to as APT18—launched an advanced malware attack against Tennessee-based Community Health Systems, one of the nation’s largest hospital health care services.

    The group succeeded in exfiltrating the sensitive personal information of more than 4.5 million patients, including their Social Security numbers, phone numbers, addresses, names, and birth dates.

    (Left) FEMA Administrator Deanne Criswell addresses the media from the National Hurricane Center in Miami on May 31, 2023. (Right) United States Postal Service trucks in Farmingdale, N.Y., on April 12, 2020. Joe Raedle/Getty Images, Madalina Vasiliu/The Epoch Times

    November 2014: NOAA and USPS Hacks

    State-backed hackers in China launched malware and DDOS attacks against several government entities, including the U.S. Postal Service (USPS), the National Oceanic and Atmospheric Administration (NOAA), and the Office of Personnel Management.

    The personal information of more than 800,000 employees at USPS, as well as that of customers who had called customer services, was exfiltrated. NOAA officials reported that they were immediately able to restore service to four affected websites but had not reported the incident for months, which was a violation of U.S. policy.

    The entrance to the Theodore Roosevelt Federal Building that houses the Office of Personnel Management headquarters in Washington on June 5, 2015. U.S. investigators have said that at least four million current and former federal employees might have had their personal information stolen by Chinese hackers. Mark Wilson/Getty Images

    June 2015: Office of Personnel Management Hack

    The federal government’s primary hiring agency was hacked by state-backed cyber actors in China. More than a million users’ personal information, including names, addresses, and Social Security numbers, were stolen.

    Those affected included current and former federal employees and contractors, as well as applicants for federal jobs and individuals listed on background check forms.

    The attack was the third and largest of its kind in a matter of weeks and appeared to have specifically targeted data and applications related to U.S. security clearances. As such, the data stolen also included the financial histories and family information of those undergoing federal background checks at the time.

    A Belgian plant of the U.S. chemicals group DuPont de Nemours in Mechelenon on April 13, 2004. Herwig Vergult/AFP via Getty Images

    January 2016: Dupont Chemical Hack 

    Pangang Group, a Chinese state-owned steel manufacturer, was charged by the U.S. government for stealing trade secrets from DuPont, a major chemical corporation. The group had obtained access to information on the U.S. company’s computers.

    Pangang worked with unidentified hackers to purchase trade secrets from a long-time DuPont employee, who stole the company’s method for manufacturing titanium dioxide, a white pigment used in many applications, including semiconductors and solar panel cells.

    The Aviation Industry Corporation of China (AVIC) logo is seen in during the International Paris Air Show in Le Bourget on June 25, 2017. Eric Piermont/AFP via Getty Images

    April 2017: FAA, NASA Spearfishing Campaign 

    Song Wu, an employee for China’s state-owned aerospace and defense corporation AVIC, allegedly began a multiyear spearfishing campaign against targets in the Federal Aviation Administration (FAA), National Aeronautics and Space Administration (NASA), U.S. Air Force, Navy, and Army.

    Wu was later charged in 2024 for creating email accounts impersonating U.S.-based researchers and engineers to obtain restricted software used for aerospace engineering and computational fluid dynamics.

    The U.S. government alleged that the software obtained could be used to develop advanced tactical missiles and aerodynamic designs for other weapons.

    A sign depicting the four members of China’s military indicted on charges of hacking into Equifax Inc. and stealing data from millions of Americans is on display shortly after Attorney General William Barr held a press conference at the Department of Justice in Washington on Feb. 10, 2020. Sarah Silbiger/Getty Images

    May 2017: Equifax Hack

    Chinese military hackers breached the Equifax credit bureau in the largest-known theft of personal information.

    More than 145 million Americans’ sensitive personal data, including Social Security and driver’s license numbers, were stolen. The hackers also obtained roughly 200,000 American credit card numbers.

    The hackers routed traffic through approximately 34 servers located in nearly 20 countries to obfuscate their true location.

    The United States later indicted four members of China’s military for the hack in 2020. As in most such cases, the hackers remain in China and have never been arrested.

    January 2018: Navy Personnel, Technology Hacks

    Chinese state-backed hackers allegedly compromised the computers of a U.S. Navy contractor and stole a large amount of highly sensitive data on undersea warfare, including U.S. plans for a supersonic anti-ship missile known as “Sea Dragon” for use on submarines, The Washington Post reported.

    The hacked material also included signals and sensor data, information about submarine cryptographic systems, and electronic warfare documents from the Navy’s primary submarine development unit.

    A sign depicting Chinese government hackers who allegedly targeted scores of companies in a dozen countries, at a press conference about Chinese hacking at the Justice Department in Washington on Dec. 20, 2018. Nicholas Kamm/AFP via Getty Images

    June 2019: APT10 Utility Spearfishing Campaign 

    APT10, a hacking group directed by China’s Ministry of State Security, began a massive spearfishing and hacking campaign targeting U.S. aerospace, engineering, and telecommunications firms.

    By using stolen passwords and malware, the hackers were able to steal records related to 130,000 Navy personnel.

    Huntington Ingalls Industries, the largest builder of U.S. military ships and nuclear-powered submarines, acknowledged that it was targeted in the attack, and that computer systems owned by one of its subsidiaries were discovered connecting to a foreign server controlled by APT10.

    Acting U.S. Attorney for the District of Columbia Michael R. Sherwin speaks to the media about charges and arrests related to a computer intrusion campaign tied to the Chinese government by a group called APT 41, at the Department of Justice in Washington on Sept. 16, 2020. Tasos Katopodis-Pool/Getty Images

    August 2019: APT41 Hacks Revealed 

    China-based hacking group APT41 penetrated and spied on global tech, communications, and health care providers for China’s Ministry of State Security.

    The group deployed rootkits, granting itself hard-to-detect control over computers, by compromising millions of copies of a utility called CCleaner. APT41 also hijacked a software update pushed by Asus to reach 1 million computers, targeting a small subset of those users.

    A nurse prepares a dose of the Moderna vaccine against COVID-19, donated by the United States, at a vaccination center in San Juan Sacatepequez, Guatemala, on July 15, 2021. Johan Ordonez/AFP via Getty Images

    May 2020: Moderna COVID-19 Vaccine Espionage 

    Chinese regime-linked hackers targeted biotech company Moderna as it conducted research to develop a vaccine for COVID-19.

    The effort involved conducting reconnaissance in order to steal proprietary research needed to develop a vaccine for the disease, which Moderna received nearly half a billion dollars to create from the U.S. government.

    A U.S. indictment alleged that the China-based hackers probed public websites for vulnerabilities and scouted accounts of key personnel after gaining access to a network used by Moderna.

    Paul Nakasone, director of the National Security Agency, looks at a hearing with the House Armed Services Subcommittee on Cyber, Innovative Technologies, and Information Systems in the Rayburn House Office Building in Washington on May 14, 2021. Anna Moneymaker/Getty Images

    February 2021: Chinese Access to NSA Hacking Tools Revealed

    Israeli researchers discovered that Chinese spies had stolen and deployed code first developed by the U.S. National Security Agency (NSA) to support their hacking operations.

    The NSA hacking tools were leaked online in 2017. Still, cyber investigators found evidence that the Chinese communist-backed APT31 hacking group had deployed an identical tool as early as 2014. This suggests that China-based hackers had persistent access to the nation’s best national security cyber tools for years.

    People walk by a Microsoft store in New York City on July 26, 2023. Samira Bouaou/The Epoch Times

    March 2021: Silk Typhoon 

    A cyber-espionage group associated with China’s Ministry of State Security stole emails and passwords from more than 30,000 organizations by exploiting flaws in Microsoft Exchange Servers.

    The group, dubbed Silk Typhoon by Microsoft, worked closely with China-back APT40, leveraging a flaw in Microsoft’s software to gain full access to emails hosted on more than 250,000 servers in the United States.

    Among the organizations most affected by the hack were American pharmaceutical companies, defense contractors, and think tanks.

    Attendees pass by an Alibaba.com display at a consumer technology trade show at the Las Vegas Convention Center in Las Vegas on Jan. 8, 2019. David Becker/Getty Images

    December 2021: Log4j Hacks 

    APT41 returned to action, leveraging a previously unknown vulnerability in commonly used open-source logging software Log4j. The group used the vulnerability to hack into at least six unspecified U.S. government agency networks over a nine-month period.

    The vulnerability allowed APT41 to keep track of user chats and clicks and follow user link clicks to outside sites, allowing hackers to control a targeted server.

    The hackers then used the hijacked networks to mine cryptocurrency, create botnets, send spam, and establish backdoors for future malware attacks.

    Notably, the China-based company Alibaba first discovered the security flaw and privately reported it to Apache Software, which created the affected software. The Chinese Communist Party afterward punished Alibaba by revoking an information-sharing deal, as Chinese law requires security flaws to be reported to the regime.

    Sen. Angus King (I-Maine) sets up a sign alongside a bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a COVID-19 relief bill on Capitol Hill on Dec. 1, 2020. Tasos Katopodis/Getty Images

    December 2022: COVID-19 Relief Fund Theft 

    APT41 stole millions of dollars worth of U.S. COVID-19 relief benefits, which were intended to help Americans who were negatively impacted by the government’s economic shutdowns during the 2020 pandemic.

    The sum was part of a staggering estimated $280 billion in stolen COVID-19 relief, which was illicitly intercepted by foreign hackers and domestic fraudsters who used the Social Security numbers and personal information of deceased and incarcerated Americans to claim benefits illegally.

    To date, the Justice Department has only successfully recovered about $1.5 billion of the stolen funds.

    May 2023: Antique Typhoon 

    Antique Typhoon, a Chinese state-backed hacking outfit, forged digital authentication tokens to access the webmail accounts of 25 organizations, including numerous U.S. government agencies.

    The hackers were able to obtain the emails of government officials, including Commerce Secretary Gina Raimondo, and members of Congress, including Rep. Don Bacon (R-Neb.). The hackers used persistent access to the email accounts only for exfiltrating data, suggesting that their purpose was primarily espionage.

    Taiwanese Vice President Lai Ching-te gives a speech at the CommonWealth Semiconductor Forum in Taipei, Taiwan, on March 16, 2023. Annabelle Chih/Getty Images

    August 2023: HiatusRAT 

    China-backed hackers began targeting U.S. and Taiwanese military procurement systems, as well as semiconductor and chemical manufacturers.

    The hackers leveraged a remote access tool to breach the system used to coordinate arms shipments from the United States to Taiwan. International open-source reporting suggests that the hackers’ goal was to gain intelligence on future defense contracts between the two powers.

    September 2023: BlackTech Router Attack 

    China-backed hacking group BlackTech began targeting major corporate headquarters throughout the United States. The group appeared to focus its attacks on gaining access to American and Japanese companies working in the defense sector.

    U.S. and allied intelligence agencies announced that having penetrated the international subsidiaries of major companies, BlackTech was now using its access to grant itself entry to major corporate networks within the United States in order to exfiltrate data.

    January 2024: Volt Typhoon 

    U.S. intelligence agencies announced that Volt Typhoon, a Chinese state-backed hacking group, was pre-positioning malware in critical infrastructure throughout the United States, including water, gas, energy, rail, air, and port infrastructure.

    Unlike most other Chinese hacking efforts that focus on espionage or intellectual property theft, Volt Typhoon sought to position malware in U.S. infrastructure in order to sabotage it in the event of a conflict between the two nations. Such sabotage would result in mass casualties among American citizens.

    U.S. intelligence agencies said that they have removed Volt Typhoon malware from thousands of systems but that it remains embedded in some privately owned infrastructure and has been present since at least 2021.

    (Left) A sign is posted in front of an AT&T retail store in San Rafael, Calif., on May 17, 2021. (Right) A man on his cell phone walks past a Verizon Wireless store in Washington on Dec. 30, 2014. Justin Sullivan/Getty Images, Jim Watson/AFP via Getty Images

    November 2024: Salt Typhoon 

    U.S. intelligence agencies acknowledged that Salt Typhoon, a Chinese state-backed hacking group, has compromised the infrastructure used by eight major telecommunications companies, including AT&T, CenturyLink, and Verizon.

    Salt Typhoon appeared to have gained access to the backend infrastructure used to accommodate the U.S. government’s own wiretapping efforts and thus gained access to virtually all calls and texts made using the affected networks.

    Despite the wide-ranging access, China-based hackers appeared to have used the persistent access to target high-profile individuals, including President-elect Donald Trump and Vice President-elect JD Vance.

    Congressional leaders have described the hack, which likely began in 2022, as among the most significant breaches in history. It is unclear how Salt Typhoon will be evicted from the infrastructure. The group retained access to U.S. telecommunications until late December.

    Secretary of the Treasury Janet Yellen delivers remarks at Johns Hopkins University’s School of Advanced International Studies in Washington on April 20, 2023. Anna Moneymaker/Getty Images

    January 2025: US Treasury Department Hack 

    The Treasury Department revealed that Chinese state-backed hackers had breached the department’s networks, gaining access to the servers of an office responsible for administering international sanctions.

    The hackers also gained access to the department’s networks by compromising third-party cybersecurity service provider BeyondTrust, stole an as-of-yet unknown number of unclassified documents, and targeted the accounts of Treasury Secretary Janet Yellen.

    Tyler Durden
    Sat, 01/04/2025 – 23:20

  • In The Jan 6 Killing Of Ashli Babbitt, A Leftist Double-Standard On Cop Misconduct
    In The Jan 6 Killing Of Ashli Babbitt, A Leftist Double-Standard On Cop Misconduct

    Via Brian McGlinchey at Stark Realities

    Contrary to exaggerated, partisan rhetoric that frames the Jan 6, 2021 Capitol Hill riot as a “deadly insurrection,” the truth is that only one homicide occurred that day. The victim, an unarmed Trump supporter, was shot and killed by a police officer with a history of irresponsible handling of firearms, who opted against a nonlethal response to an act of trespassing, and who fired his weapon in the absence of any imminent threat of death or serious injury to himself or others in his vicinity.

    US Capitol Police (USCP) Lieutenant Michael Byrd’s killing of Ashli Babbitt came just six months after George Floyd’s death under the knee of Minneapolis police officer Derek Chauvin, an incident that sparked outrage, widespread calls for police reform, and nationwide rioting. In the case of Babbitt’s killing, however, the collective reaction from the American left and major media at best amounted to an indifferent shrug. Worse, many reflexively heralded Byrd as a hero and viewed Babbitt as a deserving recipient of the bullet that perforated her trachea and lung.

    The contrast illustrates how partisan framing short-circuits people’s ability to uniformly and objectively apply principles to the facts before them. Put another way, an intellectually honest person can reject Babbitt’s politics, condemn her unlawful conduct on Jan. 6 and rightly conclude that she was the victim of an unjustified police shooting.

    Ashli Babbitt on Jan. 6, 2021

    In 2021, the Department of Justice announced it had completed an investigation of the shooting and found “insufficient evidence to support a criminal prosecution.” The DOJ did not, however, assert that Byrd’s use of deadly force was warranted. Last year, Babbitt’s husband filed a civil suit against the federal government, seeking $30 million in damages; the trial is slated to commence in July 2026.

    Babbitt, a 35-year-old Air Force veteran from San Diego who operated a pool business with her husband, attended the “Save America” rally in Washington on Jan. 6 before joining others who proceeded to the Capitol grounds. After things escalated and rioters breached the Capitol building, she entered it, and a female police officer reportedly instructed her to walk toward the House side of the complex.

    Here’s how the DOJ described what happened next; I’ve bolded three words I’ll address shortly:

    Ms. Babbitt was among a mob of people that…gained access to a hallway outside “Speaker’s Lobby,” which leads to the Chamber of the U.S. House of Representatives. At the time, the USCP was evacuating Members from the Chamber, which the mob was trying to enter from multiple doorways. USCP officers used furniture to barricade a set of glass doors separating the hallway and Speaker’s Lobby to try and stop the mob from entering the Speaker’s Lobby and the Chamber, and three officers positioned themselves between the doors and the mob.

    Members of the mob attempted to break through the doors by striking them and breaking the glass with their hands, flagpoles, helmets, and other objects. Eventually, the three USCP officers positioned outside the doors were forced to evacuate. As members of the mob continued to strike the glass doors, Ms. Babbitt attempted to climb through one of the doors where glass was broken out. An officer inside the Speaker’s Lobby fired one round from his service pistol, striking Ms. Babbitt in the left shoulder, causing her to fall back from the doorway and onto the floor.

    Though it’s not narrowly relevant to Byrd’s decision to pull the trigger, the DOJ’s passive-tense claim that the three officers on Babbitt’s side of the doors “were forced to evacuate” is important because it indicates an extreme inclination to put the best spin possible on officers’ decisionsVideo shows those three officers failing to make any meaningful effort to stop those who were hammering the glass doors. After enduring mounting verbal abuse and violations of their personal space, they simply walked away from the doors, clearing the way for the rioters to remove the glass from a side window and for Babbitt to proceed through the opening.

    According to the 32-page complaint filed in the civil suit, one of those three officers later told investigators, “I grapple with this, you know, if I should’ve stayed.” More pointedly, one of the members of the Containment and Emergency Response Team (CERT) who ascended the stairs from behind the mob told investigators, “I was thinking why, why the fuck did they leave?”

    Some of the most damning information in the civil complaint comes from Byrd’s own mouth. In a 2021 NBC interview conducted by an excessively sympathetic Lester Holt, Byrd said:

    • “I could not see exactly what was happening [on the other side of] the door…it’s impossible for me to see what’s on the other side because we had created such a barricade — it was high enough that the visibility was impossible.”

    • “[Babbitt’s] failure to comply required me to take the appropriate action to save the lives of members of Congress and myself and my fellow officers.”

    • “It was later [that] I found out that the subject did not have a weapon, but there was no way to know that at that time, and I could not fully see her hands or what was in the backpack or what the intentions [were].”

    • “Of course we had our weapons drawn as part of our training. You had [false reports of] shots fired onto the House floor, you’re trained to take a tactical defensive position and prepare for the threat.”

    There are many unsettling things about Byrd’s statements, chief among them his admission that he saw no weapon in Babbitt’s hands, and had “no way to know” if she was armed or what her intentions were. “Without additional information indicating that a person is likely armed, officers cannot conclude that someone has a weapon just because they cannot see definitively that the person does not have a weapon,” wrote Geoffrey Alpert, Jeff Noble, Seth Stoughton at Lawfare.

    Among other incriminating elements of Byrd’s NBC interview:

    • Byrd asserts that Babbitt’s mere failure to comply with orders not to proceed through the door justified the use of lethal force.

    • He implies that (false) reports of shots fired somewhere else in the Capitol gave him a green light to start shooting noncompliant people in his vicinity; in other words, he seems to have made a blanket assessment that every trespasser in the building posed an imminent danger justifying deadly force.

    “Officers cannot rely on generalized assumptions. They must base their conclusions on specific and individualized facts,” the Lawfare authors note.

    Unsatisfied with merely defending his killing of Babbitt, Byrd used the NBC interview to declare himself as a hero, telling Holt, “I showed the utmost courage on January 6…I know that day I saved countless lives.” That latter boast is truly extraordinary, especially considering it was made with the benefit of hindsight. It would be one thing for Byrd to try attributing his deadly decision to a reliance on bad information amid the chaos of Jan. 6; it’s another to lionize himself with a baseless claim of rioters’ murderous intent.

    Under USCP policy, lethal force is only authorized when “the officer perceives that the subject poses an imminent danger of death or serious physical injury to the officer or to another person.” As Babbitt rose to awkwardly enter through the open window — where she would next have to awkwardly navigate a furniture barricade on the other side — there was no indication that she had the ability to seriously injure or kill anyone.

    Lawyers for Babbitt’s husband and estate characterized Lt. Byrd’s positioning inside an adjacent doorway as an “ambush”

    As seen in video of the shooting, Byrd’s positioning was problematic; the civil complaint characterizes it as an “ambush.” From the perspective of the rioters, Byrd was positioned on the far left, at an angle some 160 degrees from Babbitt, who was on the right side of the doors. Before stepping forward and killing Babbitt, Byrd was tucked inside another doorway, with only his pistol extending past the opening.

    It’s very unlikely Babbitt saw his raised pistol and knew she was being threatened with death if she went through the window. Indeed, one of those three officers who inexplicably abandoned the doorway on Babbitt’s side told investigators, “I saw him . . . there was no way that woman would’ve seen that.” What’s more, Byrd told Holt that he repeatedly screamed “get back..stop…get back…no,” but made no claim that he verbally warned Babbitt that she was on the verge of being shot.

    By all indications, Babbitt’s unarmed ascent to the window was a circumstance that called for the use of nonlethal force. That could have taken many forms — a firm shove back through the window, yanking her forward to the floor, or perhaps using pepper spray or a taser. While not clear how the various officers were equipped, note that police aren’t justified in resorting to deadly force just because it’s all they have available. It’s telling that, among multiple armed officers on that side of the doorway, Byrd was the only one who opened fire.

    The civil complaint also credibly accuses Byrd of failing to handle his firearm in accordance with USCP policy, by:

    • Unholstering it before any imminent threat had emerged to justify doing so

    • Failing to hold his pistol at a “low ready” position and instead pointed it at people who posed no imminent threat

    • Putting his finger inside the pistol’s trigger guard, “tapping it on and off the trigger for at least 14 seconds before he shot and killed Ashli.” Across law enforcement, the military and in civilian self-defense, it’s a universally-embraced principle that one’s finger shouldn’t be put inside the trigger guard until a decision to fire has been made.

    Before he killed Babbitt at a nearby hallway, Byrd — seen in the House chamber — seems to have his finger inside his pistol’s trigger guard

    After shooting Babbitt, Byrd took to his radio, his voice filled with panic — and a self-serving falsehood. “We got shots fired in the lobby. We got shots, shots fired in the lobby of the House chamber. Shots are being fired at us and we’re sh… uhh, prepared to fire back at them,” he said, seemingly so desperate to justify his action that he falsely reported coming under fire himself.

    In the aftermath of incidents involving excessive use of force, we often find the officer in question has a blemished service record. That’s the case with Byrd, whose checkered past includes irresponsible handling of firearms. In 2019, Byrd was suspended for 33 days after he left his loaded weapon in a Capitol Visitor Center complex bathroom for nearly an hour; it was discovered by another officer.

    Even more concerning was a 2004 off-duty incident. Byrd fired his service weapon at a stolen car fleeing his neighborhood — hitting it from behind. Investigators said Byrd’s claim that he fired at the car in self-defense as the driver attempted to hit him was “inaccurate.”

    They also determined that Byrd put his innocent neighbor in the line of fire as he pulled the trigger. Stray rounds hit nearby homes, according to the Babbitt civil complaint. Foreshadowing Byrd’s decision-making on Jan. 6, the Office of Professional Responsibility (OPR) concluded he’d fired in a “careless and imprudent manner.” That finding was overruled, however, via an appeal to the Disciplinary Review Board.

    In another off-duty incident, Byrd was given a seven-day suspension without pay in 2015 after accosting a police officer providing security at a high school football game, showering him with profanities and reportedly calling him “a piece of shit, asshole and racist” who was only concerned with policing the “black side” of the football field.

    Further underscoring the double-standards at play in the Babbitt case, imagine the response from the left if there were a controversial shooting in which a white male police officer had demonstrated a similar, racially-charged loss of composure years before killing an unarmed black female trespasser.

    “The ironies of Babbitt’s death abound—and not just because in this case the cop with the quick trigger finger was black and his victim was a white woman,” wrote Jonathan Tobin. “Both those who are supporting Byrd and those who consider the pass he got from his superiors an injustice have probably been on the opposite side of similar controversies in the past year. Some of those who think Babbitt was the victim of a police murder have defended officers accused of killing unarmed black persons. And many who are lauding Byrd as a defender of democracy were outraged by the same killings.”

    Stark Realities undermines official narratives, demolishes conventional wisdom and exposes fundamental myths across the political spectrum. Read more and subscribe at starkrealities.substack.com  

    Views expressed in this article are opinions of the author and do not necessarily reflect the views of ZeroHedge.

    You may also like:

    Tyler Durden
    Sat, 01/04/2025 – 22:45

  • On The March, School Choice Takes Its Fight From Red, Right To Blue
    On The March, School Choice Takes Its Fight From Red, Right To Blue

    Authored by Vince Bielski via RealClearInvestigations,

    Private school choice advocates expect that 2025 will be the year that they finally bring the last big red state, Texas, into the fold. The likely victory would, in turn, pose the next big challenge for the controversial movement: Can it win in enemy territory — that is, blue states — too?

    Inspired by free-market ideology and Christian faith, advocates aim to give families more educational choices by providing them with public funds that they mostly use for private instruction at religious schools. Although the movement now has a foothold in almost all red states, to become an influential force in education, it needs to make deeper inroads into densely populated blue states, where Democrats, teachers’ unions, and rural Republicans have built a formidable wall of opposition to protect public schools.

    Once we finish with the low-hanging fruit, Texas and a few other red states, this movement will go to a blue state strategy,” said Robert Enlow, CEO of the national advocacy group EdChoice. “It has to figure something out. Let’s be honest.” 

    The political battles over school choice have been fierce, with critics such as American Federation of Teachers President Randi Weingarten claiming that programs will “defund public schools.” In Nebraska, where voters killed a new program in November, an attack ad from choice opponents depicted supporters dressed in suits storming into a public school classroom and intimidating children, drawing protests from state senators who called it ridiculous and insulting.

    Despite the warnings from opponents, most choice programs launched in the last three decades have been too small to significantly threaten enrollment-based school funding.

    They have been restricted mainly to lower-income parents who may be dissatisfied with lax discipline and lackluster instruction – problems exacerbated by the pandemic – at their public schools. All told, private choice programs enroll only about 2% of all K-12 students.

    The stakes are getting higher, however, as the movement – national advocacy groups, wealthy donors, and grassroots Christian activists – wins legislative battles for “universal” programs designed to expand enrollment. In universal programs now in 12 red states, all families, rich and poor, are typically eligible for public funds, even for children already in private school. 

    Patrick Wolf, a prominent school choice researcher at the University of Arkansas, says universal programs are a smart strategy for the movement. Advocates hope they will improve upon the earlier programs for disadvantaged kids that produced mixed academic results and failed to build much political momentum even in some red states like Kentucky. 

    Under universal eligibility, families that struggle financially to keep their kids in private school are joining the programs for tuition relief. And wealthier families that participate have added social and political capital to the movement, giving it stronger legs. 

    “Strategically the advantage is clear,” Wolf said. “Universal eligibility creates a bigger tent of beneficiaries. That’s good for the programs and everyone in them.”

    But universal programs are even more contentious with Democratic lawmakers because of the costs to pay for private education, essentially creating a second publicly funded school system. While the early restricted programs actually save money – since the cost of a choice scholarship is typically much less than a public-school education – universal programs create a new taxpayer expense: the funding of students already in private schools.

    School choice would subsidize some of the wealthiest families in my state who already send their kids to private schools,” Democratic Sen. Jeff Yarbro told RealClearInvestigations in explaining his opposition to a universal bill in his state of Tennessee. “It’s bad economics because we are not changing activity or improving outcomes. We are just pushing dollars from one group of people to another.”

    In Arizona, the first state to adopt a universal program in 2022, the costs have ballooned. Almost half of the 80,000 students getting funding were already in private school, driving up the price tag of the program to $800 million last year, according to the Department of Education. Democratic Gov. Katie Hobbs wants to rein in the program that contributed to the state’s $1.3 billion budget deficit last year, forcing big cutbacks in funding water infrastructure projects to cope with droughts. 

    “It’s just not possible for these states to fund two separate educational systems, the public and the private,” said Professor Josh Cowen, whose new book, “The Privateers,” is critical of school choice programs. “The scholarships are an interest group subsidy that states have to make hard choices to pay for.”

    Hardball Politics in Texas 

    In Texas, the cost of a universal program, a top priority of Republican Gov. Greg Abbott, prompted a revolt among rural Republican lawmakers. The $500 million proposed program would escalate over time, they feared, forcing cutbacks in funding for public schools that also serve as community centers and major employers in rural areas.

    To win over rural Republicans, the bill contained a large $7 billion increase in public school funding on top of an approved $6 billion boost earlier in 2023. Texas school districts stood to gain far more money than they might lose in per-pupil funding when students left for private schools, says Mandy Drogin, who focuses on school choice at the Texas Public Policy Foundation.

    But rural Republican lawmakers turned down the $7 billion sweetener by voting to kill the universal program, spurring an unbending Abbott to play hardball, targeting his own party members for defeat in March primaries. To fund these efforts, Abbott received a $6 million donation from school choice advocate and billionaire donor Jeff Yass, an example of the big money behind the movement. 

    Eleven of the challengers Abbott endorsed and funded won in the primaries on a school choice platform and then sailed to victory in November, providing the votes for a universal program this year. 

    One of the newly elected legislators is Hillary Hickland, a stay-at-home mom and conservative Christian activist who, like several other challengers, had never run for public office. The victory of Hickland and the other 10 Republican candidates supported by Abbott underscored the potency of school choice in a state where a recent poll shows 69% of voters support it.

    “A grassroots movement based on issues affecting families propelled several of us who are first-timers to victory,” Hickland told RCI. “We have the votes in the House to pass it and the overwhelming support of Texans who have been working to advance school choice for over three decades.” 

    Shapiro’s ‘Unfinished Business’ 

    Advocates say the stars are aligned to turn Pennsylvania into a blue state win. It already has a limited tax credit program to incentivize private donations for choice scholarships. What’s more, Gov. Josh Shapiro is one of the few Democratic state leaders who supports school choice, as do Pennsylvania voters by a wide margin.

    The issue came to a head in 2023 when a Shapiro-backed non-universal voucher proposal targeting students in low-performing schools was met with stiff opposition from House Democrats and the Pennsylvania State Education Association, the state’s largest teachers’ union. Shapiro was forced to line-item veto the voucher proposal to get the budget approved, calling school choice “unfinished business.”

    In November, Pennsylvania swung to the right by backing President-elect Donald Trump and sending Republican challenger Dave McCormick to the U.S. Senate. The cheers of school choice advocates were muted because Democrats held on to a one-seat majority in the state House. 

    The fate of another voucher bill expected in 2025 may depend on whether a few Democrats are willing to break with House leadership and risk political payback, according to a veteran of the Pennsylvania battles. Leaders reportedly threatened to take away committee assignments and staff from Democrat Amen Brown, a black representative who crossed the aisle to back the voucher bill. 

    Governor Shapiro has a chance to deliver on his promise to expand educational opportunity for underserved children,” said Tommy Schultz, CEO of the advocacy group American Federation for Children. “It will require bold leadership to bring House leadership to the table and get it done.” 

    EdChoice policy director Ed Tarnowski also sees Virginia as fertile blue state ground after a decade of defeated choice bills, including one in 2023, at the hands of Democrats. Since taking office in 2022, Republican Gov. Glenn Youngkin has been shaking up public education, introducing a system of accountability and higher academic standards lst year while also pushing school choice. 

    Still, advocates will need the support of Democrats who control the General Assembly to create a state-funded program. Grassroots activists with the Virginia Education Opportunity Alliance are using a bottom-up strategy, educating low-income families throughout the state about school choice and encouraging them to pressure lawmakers into backing the program. It’s the type of campaign that led to the approval of vouchers in Washington, D.C., says Craig DiSesa, executive director of the alliance. “We plan to replicate that model.”

    Illinois Backpedals 

    Illinois shows how fragile school choice laws can be in blue states. Myles Mendoza, a liberal Democrat and former social worker, spearheaded a campaign for a program in Illinois after seeing the personal harm that failing Chicago Public Schools inflicted on students. 

    As president of Empower Illinois, he built a coalition of Republicans, moderate Democrats, and trade unions to pass a $100 million tax credit scholarship program for disadvantaged kids in 2017. It was part of a deal that also boosted funding for high-poverty public schools.

    The program was a hit, with three times more demand than supply of about 10,000 scholarships, many of them awarded to kids in Catholic schools. But the election of Democratic Gov. JB Pritzker, beating Republican Bruce Rauner with the help of an endorsement by the Illinois Federation of Teachers, shattered the bipartisan coalition behind the program. Pritzker let it sunset in 2023. 

    For school choice to get a permanent foothold in blue states like Illinois, Mendoza says, advocates need to rally more blue-collar, Latino, and Jewish families that are troubled by public schools. “These groups could pressure Democrats to support private school choice over time,” Mendoza said. “But currently there are no votes in Illinois to pass school choice.”

    Professor Wolf also sees external pressures forcing blue states like Illinois to get with the program. With school choice now in a majority of states, he says, Illinois will come under pressure to adopt it or risk losing residents to four of its neighbors with choice programs. Such peer pressure explains why public charter schools are now in 46 states.

    “Illinois is losing population, so Democratic legislators might consider that they could hold on to more of their families if they return to offering at least the low-income ones support for private school enrollment,” Wolf said. 

    No Choice of Good Private Schools 

    Politics isn’t the only drag on the movement’s ambitions. Another is academic. Many higher quality private schools don’t accept school-choice students because of the state rules, such as reporting test scores, that come with participation in the programs.  

    Catholic schools have enrolled most students in many of the programs, with other religiously affiliated schools taking students, too, according to researchers. A study of Washington D.C., Louisiana, and Indiana found that private schools that are smaller, less expensive, and more diverse – features associated with a less rigorous education – are more likely to participate in programs. An examination of the Milwaukee program underscored the instability of participating schools, particularly startups: 41% of all the schools failed over a 25-year period. 

    It’s not surprising, then, that school-choice students are not typically posting stellar academic gains. Wolf says rigorous studies of the early small programs showed some positive academic results on standardized tests, while more recent examinations of bigger programs revealed some negative outcomes. Researchers did find more consistently positive effects for students with graduation rates and college entrance and completion. Wolf calls the results “mixed.”

    Professor Cowen, who was optimistic about the programs early on, is now a critic. He says the negative academic results from the larger programs are significant, on par with the learning loss students recently suffered during the pandemic.

    Twenty years ago, there were only a small number of private schools participating in programs and they were pretty decent,” said Cowen. “But many more schools are involved now, some of them located in church basements, and many of them are not interested in academic outcomes. That’s not their main mission.” 

    Advocates are putting their faith in the expansion of universal programs across the country to raise the academic bar. As more children from wealthier families get scholarships, the theory goes, it will encourage higher-quality private schools to participate in the programs, lifting the performance of all students, including low-income kids.

    Will Congress Act?

    Facing uphill battles in blue states, the movement has a Plan B. With Republicans taking control of Congress this year, John Schilling at Invest in Education says advocates are cautiously optimistic about the chances of a federal tax credit bill to privately fund school choice scholarships for students nationwide. Such an approach would provide a wedge into blue states where groups would collect donations to start scholarship programs that otherwise might not get off the ground. 

    We see this law as creating opportunity in blue states where there is entrenched opposition to school choice,” said Schilling. “The only way states like New York, California, Michigan, New Jersey and Massachusetts can get school choice now is through a federal tax credit.”

    The Educational Choice for Children Act, which has 180 Republican co-sponsors, is hardly a sure bet. Democrats are solidly opposed to it, and many rural Republicans don’t like it either. The bill probably won’t get the 60 votes needed in the Senate to avoid a filibuster, which means Republicans may try to push it through budget reconciliation, a difficult undertaking but one that requires only a majority to pass a bill. 

    Cowen at Michigan State University sees hypocrisy in the movement’s turn to Washington. Republicans are banking on federal legislation while also calling for a reduction in Washington’s influence on education and even the dismantling of the Department of Education. But the chance to open up blue states to school choice is apparently too good an opportunity to pass up.

    Tyler Durden
    Sat, 01/04/2025 – 22:10

  • These Were The Most Viewed Wikipedia Pages In 2024
    These Were The Most Viewed Wikipedia Pages In 2024

    The most viewed Wikipedia articles of 2024 reflect the key figures, events, and cultural moments that defined the year.

    While ChatGPT was the most visited article last year, ‘Deaths in 2024’ topped this year’s list, a trend seen frequently over the past decade. Moreover, political topics took center stage, driven by a historic number of people going to the polls.

    This graphic, via Visual Capitalist’s Dorothy Neufeld, shows the most viewed Wikipedia pages in 2024, based on data from the Wikimedia Foundation.

    Ranked: The Top 10 Most Popular Wikipedia Articles

    Below, we show the articles that captured the most views across English Wikipedia up to November 22, 2024:

    As we can see, Kamala Harris was the most popular public figure, at 29 million views, while the 2024 U.S. presidential election followed closely behind at 28 million views.

    While several polls predicted Harris would win the election by a slim margin, the exact opposite occurred, with Donald Trump securing all seven swing states and the popular vote. Overall, three of the top 10 articles of 2024 related to the Republican party.

    Following a trend seen in recent years, readers in India drove substantial readership, particularly on the Indian Premier League, a professional cricket league, and India’s general election. With 642 million people casting their votes, it marked the largest democratic election in history.

    Meanwhile, the release of a Netflix documentary series on Lyle and Erik Menendez, brothers who murdered their parents in 1989, spurred millions of pageviews. Also ranking in the top 25 is cartel leader Griselda Blanco, whose life is the focus of the series Griselda, featuring Sofia Vergara.

    Most Viewed Wikipedia Pages by Month

    In the table below, we show the most visited Wikipedia pages by month, highlighting the key trends over the course of the year:

    As we can see, U.S. vice president JD Vance was the most viewed page in July, after being announced as Trump’s running mate.

    Later, in November, the U.S. presidential election was the most popular page as over 155 million Americans went to the polls. In a highly polarized election, it marked the second-biggest voter turnout in U.S. history.

    To learn more about this topic from a global perspective, check out this graphic on the top Google searches worldwide in 2024.

    Tyler Durden
    Sat, 01/04/2025 – 21:35

  • Georgia Proves It: Stable Electricity Markets Attract Business And Growth
    Georgia Proves It: Stable Electricity Markets Attract Business And Growth

    Authored by Kevin Doyle via RealClearEnergy,

    When considering factors that spur a state’s economic development and growth, how a state regulates its utilities is too often overlooked. That could not be more important now that the needs of AI and data centers have created the highest power demand in a generation, requiring a buildout of at least $50 billion just for new generation and another $250 billion for data centers

    The states which can provide stability and predictability to utilities will be the winners in this race. Georgia is proves it: Atlanta is already among the top 10 data center markets, and construction grew 76% year-over-year to 1,281 Megawatts in the first half of this year. 

    A big ingredient in this success is Georgia’s utility regulation structure and the advantages it affords Georgians, especially when compared to deregulated states in the Northeast. The Peach State’s well-regulated energy market not only ensures affordable rates and reliable service, but actively supports economic growth in ways that deregulated states struggle to match.

    Georgia’s stability and predictability are a long-term competitive advantage in the eyes of businesses seeking sites for new plants or facilities across the country. In contrast, the deregulated energy markets in states like New York, New Jersey, and Massachusetts usually face higher rates plus price volatility and reliability issues that are a big part of the equation guiding where businesses locate operations—especially large industrial consumers.

    The proof is in the pudding. Georgia consistently ranks among the best states for business. Between July 1, 2023, and June 30 of this year, the Georgia Department of Economic Development’s Global Commerce team supported 429 facility expansions and new locations, resulting in more than $20.3 billion in investment and the commitment of 26,900 new, private sector jobs statewide.

    Georgia’s Public Service Commission oversees the Peach State’s investor-owned utilities, while the state’s cooperatives and municipal utilities are regulated by their member-elected boards of directors and their citizen-elected city councils, respectively. This structure regulates utility rates and oversees infrastructure investments, ensuring energy prices remain affordable and predictable for families and businesses. This steady foundation allows businesses to forecast energy costs accurately, which makes for better-informed long-term investment decisions.

    Data centers are not the only investments that result. Take the case of the Hyundai Motor Group’s recent decision to build a $5.5 billion electric vehicle plant in Bryan County. Highlighting the state’s appeal to major investors, the plant is expected to create 8,000 jobs and stimulate significant economic activity in the region. 

    Consider the case of Plant Vogtle, a nuclear joint venture among the state’s utilities. Vogtle Units 3 and 4, one of the largest construction projects in the United States, would not have been possible without Georgia’s regulatory framework. Plant Vogtle generated thousands of construction jobs and permanent positions and represents a significant investment in the state’s energy infrastructure, providing reliable, emissions-free electricity. That is an attractive option for employers that prioritize clean energy.

    Georgia’s regulatory framework also supports sustainable economic growth by encouraging investments in renewable energy and clean technologies. Georgia ranks among the top seven states for solar capacity as a result of its rapid expansion of solar power.

    This focus on sustainability not only addresses environmental concerns but also creates new economic opportunities. The growth of the universal solar industry in Georgia has led to the creation of numerous jobs and has attracted investments from major solar companies. In deregulated states, the fragmented approach to energy regulation can hinder the development of renewable energy projects, limiting both economic and environmental benefits.

    As other states, especially those with deregulated energy markets, look to enhance their economic development efforts, Georgia’s approach provides valuable lessons. A focus on stability, infrastructure investment, and support for innovation drives economic growth, jobs and ensures affordable, reliable and ever-cleaner electricity for decades. 

    Georgia’s families and businesses are the winners, and that is a model to which every state should aspire.

    Kevin Doyle is the Consumer Energy Alliance’s Southeast director.

    Tyler Durden
    Sat, 01/04/2025 – 21:00

  • Mid-Atlantic 'Snow Drought' May End In Days
    Mid-Atlantic ‘Snow Drought’ May End In Days

    The snow drought across the Washington-Baltimore-Arlington metro area may finally end in the coming days.

    It has been 1095 days since Baltimore (BWI) has recorded a snowfall of 6″ or more: Jan 3rd in 2022 (6.8″),” WBAL TV meteorologist Tony Pann wrote on X.

    Pann said, “It has been 2939 days since Baltimore has recorded a snowfall of 7″ or more: Jan 23rd in 2016 (25.5″).” 

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    Winter storm watches and warnings have been posted across the Mid-Atlantic states as the next storm is expected to arrive late Sunday night. The heaviest snow is expected Monday morning and could end the multi-year snow drought across the Washington-Baltimore-Arlington metro area.

    Here are the latest snow total forecasts:

    National Weather Service: 

    Private Weather Forecaster BAMWX:

    Private Weather Forecaster NY NJ PA Weather: 

    Cold will persist across the Lower 48:

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    Latest reporting on weather pattern shifts, storms, and impacted commodity markets:

    Whatever happened to Greta and far-left climate activists who called for the imminent demise of planet Earth because of petrol-burning cars and cow farts? Meanwhile, Bill Gates wants to vaccinate cows to stop the farts. Can’t make this shit up.

    But-but-but…

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    Sigh. The climate change cult is just one big money grab from taxpayers. 

    Tyler Durden
    Sat, 01/04/2025 – 20:25

  • Virgin Islands Delegate's Mic Cut Amid Whining Over Non-Voting Rule
    Virgin Islands Delegate’s Mic Cut Amid Whining Over Non-Voting Rule

    Authored by Luis Cornelio via Headline USA,

    U.S. Virgin Islands Delegate Stacey Plaskett threw a dramatic tantrum on Friday on the House floor while protesting her and other U.S. territories’ non-voting status while selecting the 119th Congress’s speaker of the House

    Plaskett’s attempt to make a political and performative point quickly fell flat as her microphone was cut off for failing to follow House rules.  

    After the first speaker roll call, Plaskett demanded to know why non-voting delegates like herself were not called to vote.

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    The move appeared to be part of a plan to gain viral attention. 

    “Northern Mariana, Puerto Rico, the Virgin Islands, and the District of Columbia were not called, representing collectively 4 million Americans … collectively the largest per capita of veterans in this country,” Plaskett began.  

    “I ask why they were not called from the parliamentarian, please,” she added. 

    The House clerk provided a straightforward response, swiftly shutting down Plaskett’s lecture. 

    “Delegates-elect and the resident commissioner-elect are not qualified to vote. Representatives-elect are the only individuals qualified to vote in the election of a speaker,” the House clerk answered.  

    “As provided in Section 36 of the House Rules and Manual, the speaker is elected by a majority of the members-elect voting by surname,” he added. 

    In response, Plaskett launched into what appeared to be a memorized rant. 

    “This body and this nation has a territories’ and a colony’s problem,” she added.

    “What was supposed to be temporary has now effectively become permanent. We must do something about this problem…” 

    Plaskett’s tirade was abruptly cut short when the clerk proceeded to mute her microphone: “House will be in order.” 

    The U.S. Virgin Islands is one of the six U.S. territories that are partially represented by delegates instead of lawmakers. They can introduce legislation and be part of committees but lack authority to vote on the House floor. 

    American Samoathe District of ColumbiaGuam, Northern Mariana Islands and Puerto Rico are the other territories. They are respectively represented by Aumua Amata Radewagen, Eleanor Holmes Norton, James Moylan, Kimberlyn King-Hinds and Pablo Jose Hernandez Rivera. 

    Tyler Durden
    Sat, 01/04/2025 – 19:50

  • Trump Administration Must Begin Restoring American Values On Day One
    Trump Administration Must Begin Restoring American Values On Day One

    Authored by Kenin Spivak via RealClearPolitics,

    As the Biden-Harris administration slips away, Donald Trump must fulfill his promises to dispose of the woke detritus. His administration will have to bypass antidemocratic booby traps, including recently adopted rules that take time to reverse, last-minute appointments of progressive federal judges, and a hostile, left-leaning Deep State protected by Joe Biden’s revocation of Schedule F termination rights.

    Democrats incessantly claimed that Trump would be a dictator. Instead, Biden became the most authoritarian president of the last 80 years. Article I, Section 3 of the United States Constitution requires the President to “take care that the Laws be faithfully executed,” and in his oath of office, he swears to do so. Instead, Biden and his administration issued executive orders and rules he knew to be unconstitutional, unlawful and unpopular, including a radical left agenda of censorship, racism through diversity, equity and inclusion (DEI), and fanatic transgenderism.

    The Trump administration should promptly seek to settle lawsuits centered on the outgoing administration’s hard left policies by conceding the government’s position is wrong. It will be difficult for future administrations to violate the settlements without approval of the other parties. At the least, the administration should dismiss, with prejudice, the cases in which it is the plaintiff.

    The Trump administration also should seek legislative solutions that give standing to states and private individuals to secure government compliance, and to act as “private attorneys general” to enforce these laws if a future administration fails to do so. Though it will be tough to obtain the 60 votes required for passage in the Senate, there may be opportunities to peel off a few Democrats, or to use reconciliation, which requires only a majority. Regrettably, eliminating the filibuster to facilitate passage would ultimately backfire.

    Trump’s team is well positioned for this mission. Harmeet K. Dhillon, Trump’s nominee to lead the Justice Department’s Civil Rights Division, is a tough litigator who believes in the Constitution and individual rights. Linda McMahon, another of the strong, intelligent women around Trump, will be instrumental as secretary of the Department of Education, which mandated and funds much of the woke jihad. Trump fairly describes Brendan Carr, his pick to chair the Federal Communications Commission, as “a warrior for Free Speech.”

    Abhorrent polices to which the Trump administration must take a blowtorch include:

    Censorship: The White House directed at least 80 senior officials in 11 federal agencies to collude with and coerce media platforms into blocking content unsupportive of administration positions. Homeland Security official Jen Easterly explained that the goal was to require Americans to “get the facts” from the administration.

    When states and individuals sued, Federal District Court Judge Terry Doughty found that the administration was arguably engaged in “the most massive attack against free speech in United States history.” The Fifth Circuit Court of Appeals agreed, but the Supreme Court reversed by ruling that the plaintiffs lacked standing.

    On December 20, 2024, the House Select Subcommittee on the Weaponization of the Federal Government released its final 17,000-page report detailing this repressive censorship enterprise, which, unknown to Trump, got its start during his first administration.

    The Republican platform promises: “We will ban the Federal Government from colluding with anyone to censor Lawful Speech, defund institutions engaged in censorship, and hold accountable all bureaucrats involved with illegal censoring. We will protect Free Speech online.” Now, Trump must deliver.

    DEI: Despite constitutional prohibitions on racial discrimination, a century of federal civil rights law and Supreme Court rulings, Americans’ overwhelming opposition, and the harm it does to people of all backgrounds, the administration imposed DEI throughout government, and on private institutions and businesses receiving federal grants and contracts (see here , here, here, here, here, here). It spent tens of billions of taxpayer dollars on these programs, and hundreds of millions more to develop and administer them. A recent report from the Legal Insurrection Foundation reveals that even after the Supreme Court struck down affirmative action in college admissions, universities persist in expanding DEI.

    Chief Justice John Roberts bluntly declared, “The way to stop discrimination on the basis of race is to stop discriminating on the basis of race.” Trump and many of his nominees have pledged to end DEI.

    Trump should appoint an Anti-DEI czar who will meticulously take the steps required to rescind all executive actions and rules, fire all federal DEI officials, end all federal DEI efforts, terminate contracts, grants and other programs with recipients engaged in DEI, and commence litigation against state and local governments, universities, and businesses that continue this odious practice.

    Transgenderism: Biden was relentless in advancing transgenderism, imperiling American rights and the safety of many of the approximately 1% of Americans who are confused about their sex (see here, here, and here). Among numerous trans-centric actions, the administration issued regulations under Title IX of the Education Amendments that effectively required schools to treat trans men as females and health care rules to require everyone to share in the cost of gender re-assignment surgery and lifelong hormone treatments. Concurrently, the administration eviscerated due process for students accused of a new expansive definition of “sexual discrimination.”

    The Supreme Court temporarily blocked the Title IX regulations, and in December the administration withdrew them. Conversely, after 25 states passed laws barring transgender athletes from competing on opposite-sex teams, federal appellate courts prohibited implementation of those laws in four states.

    If an adult believes he or she is another “gender,” that adult has the right to cross-dress, or to pay for surgery and hormones, but that cost should not be passed on to others through government or insurance reimbursement, and no American should be compelled to forgo privacy, safety or opportunities to pander to a disorder. The new administration must restore the rules and regulations that existed at the end of Trump’s first term, and it must litigate to protect women and girls. In December, Trump reiterated his commitment to do so. As a first step, the Justice Department should end its partisan prosecution of Dr. Eithan Haim for disclosing that Texas Children’s Hospital secretly continued to implant hormone blockers in children after announcing that it would cease doing so.

    ***

    The Trump administration must control our borders; de-politicize the Justice Department; tamp down the embers of inflation; restore American prestige, military preparedness, and the criminal justice system; rescind Biden-Harris’ climate zealotry; rebuild our industrial base; harden our infrastructure; and rid the bureaucracy of far-left extremists.

    But, aside from our borders, none of these priorities is more important than fulfilling Trump’s pledge to restore traditional, sane, centrist American values.

    Kenin M. Spivak is founder and chairman of SMI Group LLC, an international consulting firm and investment bank. He is the author of fiction and non-fiction books and a frequent speaker and contributor to media, including The American Mind, National Review, the National Association of Scholars, television, radio, and podcasts.

    Tyler Durden
    Sat, 01/04/2025 – 18:40

  • Biden Quietly Bans Most Gas Powered Tankless Water Heaters
    Biden Quietly Bans Most Gas Powered Tankless Water Heaters

    In a significant regulatory shift that took place quietly the day after Christmas, the Biden administration finalized new climate rules targeting natural gas-powered instantaneous water heaters. The Department of Energy (DOE), which traditionally issues a press release for such regulations, chose not to announce these changes publicly, raising eyebrows across various sectors.

    According to the Free Beacon, the new regulations aim to reduce carbon dioxide emissions, a move aligned with broader climate change mitigation efforts. However, the regulations are set to remove approximately 40% of the current tankless water heater models from the market by 2029 (between gas and electric). This shift is expected to force consumers to opt for either more expensive or less efficient alternatives.

    An industry analysis forecasts that the average cost increase for new water heaters due to the regulations will be around $450. This price hike is poised to disproportionately affect low-income and senior households, who are among the most reliant on the more affordable models currently targeted for phase-out.

    Meanwhile, the timing of these regulations is noteworthy – coming in the wake of President-elect Donald Trump’s electoral victory over Vice President Kamala Harris. Trump has expressed intentions to roll back many of Biden’s climate initiatives to bolster energy production and stimulate economic growth. This regulatory push on water heaters is part of a series of actions targeting household appliances, including gas stoves and refrigerators, aimed at reducing carbon emissions and promoting electric alternatives.

    Ben Lieberman, a senior fellow at the Competitive Enterprise Institute, criticized the move, stating, “It bans an entire category of tankless water heaters and the ones that are most affordable. This is all part of the climate change agenda…an antipathy towards natural gas because they want to electrify everything.”

    Industry’s Response and Legal Challenges

    The regulation has sparked extensive debate about its legality and practicality. The American Gas Association has hinted at possible legal action, suggesting that the rule might violate the Energy Policy and Conservation Act, which prohibits banning products that offer unique performance characteristics.

    Frank Windsor, president of Rinnai America, the nation’s leading manufacturer of tankless water heaters, voiced strong opposition. He highlighted the contradiction in eliminating higher-efficiency product categories- telling the Beacon, “If you really want to impact the water heating ruling, you really need to deal with the tank models.” Rinnai America, having invested $70 million in a new facility in Georgia based on the previous administration’s manufacturing incentives, finds itself at risk of seeing its investment become obsolete under the new rules.

    Tyler Durden
    Sat, 01/04/2025 – 18:05

  • 2024 Review – Another 20% Year. What's Next?
    2024 Review – Another 20% Year. What’s Next?

    Authored by Lance Roberts via RealInvestmentAdvice.com,

    Santa Is A No-Show

    Last week, we discussed how it seemed as if Santa arrived on Christmas Eve, pushing the markets back above the important 50-DMA. However, by the end of the year, it seemed investors were naughty this year and received a “lump of coal, with markets selling off back toward recent lows. One important note was that momentum and relative strength remained weak, keeping selling pressure intact.

    There is no way to sugarcoat the market’s poor performance. While December started with a bang, it ended with a whimper, with a long stretch of daily losses into year-end. Now, 2025 is opening with a whimper. Small caps fell apart after attempting to “make a comeback,” and overall market breadth declined. However, with the markets now oversold, we should expect a rally heading into the Presidential inauguration, which likely started on Friday.

    Despite Friday’s impressive reflexive rally, the market fell about 0.5% short of rallying enough to save the “Santa Rally.”

    However, although the “Santa Rally” failed to materialize, bullish hopes for 2025 are not yet lost.

    “Since 1950, when all three January indicators (The Santa Claus Rally (SCR), First Five Days (FFD) and the full-month January Barometer (JB)) are up, the S&P 500 was up 90.6% of the time (29 out of 32 years) with an average gain of 17.7%. When one or more of the Trifecta is down, in this case, the SCR, the year is up 59.5% of the time (25 of 42) with a paltry average gain of 2.9%.” – Stocktraders Almanac

    While the lack of a Santa rally is disappointing, as noted by Stocktraders Almanac:

    “Of the 16 down SCRs since 1950, 11 years have been up and 5 down, but the average gain is a tepid 6.1%.

    However, even with a failed Santa rally, the January barometer holds the key for the year. Historically, a positive January has been a bullish sign for stocks. The chart below highlights that the popular Wall Street maxim has stood the test of time. Since 1950, the S&P 500 has posted an average annual return of 16.8% during years that included a positive January. Furthermore, the index generated positive returns in 89% of these years. In contrast, when the index traded lower in January, annual returns dropped to -1.7%, with only 50% of occurrences yielding positive results.

    With the bulls needing a positive January performance, the market has its work cut out. However, with the market’s short-term oversold and breadth, there is a reasonable technical setup for an improvement in performance in January.

    However, will 2025 be another banner year? Maybe. But the market certainly faces headwinds, from elevated earnings expectations to valuations. Our best guess is that while this year will likely see a continuation of the bull market cycle, it will be punctuated by increased bouts of volatility that will weigh on investor sentiment. In other words, “buckle up and keep your arms and belongings inside the vehicle.”

    This week, we will do a short 2024 review.

    2024 Review – Another 20% Plus Year

    The market had another 20% plus return for the year. As we discussed previously, the market rarely delivers an “average” return of 8-10%. About 38% of the time, the market delivers 20% or more returns.

    Since 1900, the stock market has “averaged” an 8% annualized rate of return. However, this does NOT mean the market returns 8% every year. As we discussed recently, several key facts about markets should be understood. Stocks rise more often than they fall: Historically, the stock market increases about 73% of the time. The other 27% of the time, market corrections reverse the excesses of previous advances. The table below shows the dispersion of returns over time.”

    For analysts, being permanently “bullish” leads to a 73% success rate on market calls, which, if you are a professional baseball player, a .730 batting average will enshrine you in the “Hall Of Fame.” However, as investors, the problem with being always bullish is the impact on our portfolios for the “other” 27% of outcomes. This is important in the history of 20% plus annual returns. In the table above, in the far-right column, there are periods where 20% plus gains were clustered.

    So, what does that mean?

    The Long Term

    It is worth noting that these periods of “well-above-average” returns were followed by “well-below-average” returns. As shown, these periods of “mean-reversion” were generally triggered by some event that reversed elevated valuation levels.

    As we see in the market, these periods of excess valuations are a psychological byproduct of investor sentiment. Our 2024 review found that investor allocations to equities reached a record, corresponding to a sharp increase in valuation levels as investors were willing to overpay for earnings growth.

    As asset prices rise, speculation. increases, creating a “feedback loop.” The more asset prices rise, the more confident investors become, leading to further price increases fueling a bull market. The chart below shows the length of previous bull markets throughout history, with the average length of bull markets running about 5 1/2 years.

    However, while the long duration of bull markets favors being bullish, the problem is that eventually, some “event” occurs that causes a reversal of expectations. When that occurs, investors reprice the market back to reality. As shown, bear markets and the ensuing recessions are generally very short. Most bear markets last less than 18 months and are more painful experiences.

    Does that mean 2025 will be a “mean reverting” year? No. However, as discussed in this 2024 review, there are certain warning signs that next year could be very different.

    2024 Review – A Year Of Concentration

    For the second year in a row, the one big standout was the level of market concentration. The “Mega-cap” stocks have become an ever-increasing percentage of the S&P 500 index. We have not witnessed this since the early 70s with the “Nifty-Fifty” and just before the “Dot.com” crash.

    Over the last few years, capital flows into the largest market capitalization stocks have led to an increasing skew between the “have and have nots.” Over the last year, the companies that dominate the market capitalization weighting of the S&P 500 index created a substantial outperformance over the equal-weighted index.

    Speaking of the “have-nots,” the 60/40 allocation lagged far behind the S&P 500 index on a performance basis as bonds struggled with “sticky inflation” and continued to push to increase portfolio risk as investors chased asset prices higher.

    However, that continued performance chase has led to the most significant rolling two-year performance spread between the market capitalization and equal-weighted index since 2008 and 2019.

    While the surge in market concentration has been notable over the last two years, the chase for performance has been a growing issue since 2014. As shown, the Nasdaq and S&P 500 (both market-capitalization-weighted and dominated by the same stocks) have massively outperformed everything from small and mid-capitalization companies to gold, oil, and bonds.

    Notably, in 2024, the “Mega 7” market-capitalization companies returned 50%, while the S&P 500 was higher by 22%, and the Russell 2000 trailed far behind, rising just 12%.

    The question is, why is this happening?

    2024 Review – Speculation Goes Parabolic

    As discussed, the surge in “Exchange-Traded Funds” or “ETFs” has changed the investing landscape.

    “Following the 2020 pandemic shutdown, the Government and Federal Reserve went into overdrive, providing round after round of fiscal and monetary support. Money flooded the economy, from PPP Loans to rent moratoriums, $1500 checks directly to consumers, debt forgiveness, zero interest rates, and quantitative easing. Unsurprisingly, much of that money entered the financial markets, and retail investors plowed nearly $900 billion in market-related ETFs. Interestingly, in 2024, most of those supports are gone, interest rates have risen sharply, and the Federal Reserve is reducing its balance sheet. Yet, somehow, investors figured out a way to push $913 billion (YTD) into ETFs, which is a record inflow.”

    That surge of capital into ETFs contributed to the outsized performance of large capitalization companies, primarily the “Magnificent 7,” relative to the rest of the index, as shown above. This happens because most of these passive ETFs are market capitalization-weighted.

    For example, every ETF that tracks the S&P 500 index, the Nasdaq, or some variation thereof has the same top holdings. Currently, the top 10 stocks comprise roughly 40% of those ETFs.

    Therefore, every time someone invests $1 into one of those ETFs, roughly 40 cents of that dollar flows into just 10 stocks. Such is why, in our 2024 review, those 10 stocks, except Microsoft, outperformed the S&P 500 index by a wide margin.

    The byproduct of consistently rising prices and investors’ chase for performance creates demand for Wall Street to provide more products for investors to purchase. This is why 2024 saw a massive increase in single-stock ETFs and, more critically, leveraged ETFs.

    The growing demand by investors to leverage speculate in the market is a topic we covered recently in our Daily Market Commentary and is the hallmark of our 2024 review:

    “We see surging volume in leveraged single-stock ETFs. An example of such an ETF is Granite Shares NVDL. The ETF offers a 2x leveraged holding of Nvidia shares. If Nvidia falls by 3%, the ETF will decline by 6%. Conversely, if Nvidia rises by 5%, the ETF will climb 10%. Accordingly, leveraged single-stock ETFs can be incredibly speculative. Furthermore, the massive surge in volume in such ETFs, as we share below, further confirms speculative behaviors are growing.

    Leverage and extreme speculation can drive markets higher than most investors forecast. However, in the process, they create a divergence between fundamentals and valuations, thus exposing the markets to risk. Increased leverage and speculation are not reasons to sell immediately, but they indicate that markets are getting frothy, warranting our close attention.“

    The important point is that while 2024 was a great year in the markets, history suggests that expectations for 2025 should likely be tempered. Such brings us to the obvious question, “What should I be watching for to signal a shift in investor sentiment?”

    2024 Review – What To Watch For In 2025

    While investors are giddy with returns over the past year, that exuberance has increased the expectation that things will continue in 2025. Of course, earnings growth will be the biggest driver for returns in 2025.

    Forward earnings estimates are optimistic and well above their long-term historical logarithmic growth trend. Analysts expect the S&P 500 will see earnings reach $249/share from $208/share at the end of 2024. That is an expected growth rate of 19% for earnings. However, that current estimate is $68/share above historical earnings’ long-term exponential growth trend. While such deviations existed previously, they were usually close to the point where such optimism ended. The ends of those exuberant periods of earnings growth generally coincided with a recession or a mean-reverting event. However, while estimates are currently very elevated, they can remain elevated longer than you think possible.

    The timing of “the” event that reverses more extreme investor exuberance and speculation is always the most challenging. However, it always occurs when it is least expected. As we enter 2025, investor sentiment of expected stock returns over the next 12 months is near the highest levels on record. At the same time, credit spreads remain near the lowest levels on record, confirming the high degree of complacency in today’s markets.

    Such exuberance and overconfidence tend to precede some level of disappointment.

    Earnings Matter More Than You Think

    The most significant risk in 2025 is an event that causes a significant decline in earnings expectations. As shown, there is a very high correlation between earnings trends and the rate of change in asset prices.

    As I discussed in “Predictions For 2025:”

    The problem with current forward estimates is that several factors must exist to sustain historically high earnings growth.

    1. Economic growth must remain more robust than the average 20-year growth rate.
    2. Wage and labor growth must reverse to sustain historically elevated profit margins, and,
    3. Both interest rates and inflation must reverse to very low levels.

    While such is possible, the probabilities are low, as strong economic growth cannot exist in a low inflation and interest-rate environment. More notably, if the Fed cuts rates further, as most economists and analysts expect next year, such will be in response to a slowing economic environment or financial stress. Such would not support more optimistic earnings estimates of $251 per share next year. This represents roughly a 19% increase from Q4-2024 levels. (In 2023, estimates for 2024 suggested a 14% increase, which was just 9%. The long-term trend of earnings growth from 1900 to the present is just 7.7%).”

    While the bullish predictions for next year are certainly possible, that outcome faces many challenges. This is particularly true given that the market trades at fairly lofty valuations. Even in a “soft landing” environment, earnings should weaken, which makes current valuations at 27x earnings more challenging to sustain. Therefore, assuming earnings decline toward their long-term trend, that would suggest current estimates fall to $220/share by the end of 2025. This substantially changes the outlook for stocks.

    Tyler Durden
    Sat, 01/04/2025 – 17:30

  • Honduras Threatens To Evict US From Key Military Base Over Looming Mass Deportations
    Honduras Threatens To Evict US From Key Military Base Over Looming Mass Deportations

    Honduran President Xiomara Castro has threatened to evict US military forces from a major base if President-elect Donald Trump follows through on his promise to unleash a mass-deportation policy targeting illegal immigrants. An estimated five percent of the Honduras population lives in America. 

    “Faced with a hostile attitude of mass expulsion of our brothers, we would have to consider a change in our policies of cooperation with the United States, especially in the military arena,” Castro said in a New Year’s day address. In office since January 2022 and a member of the leftist Liberty and Refoundation (LIBRE) Party, Castro’s husband Manuel Zelaya was president from 2006 until he was removed in a 2009 coup. 

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    Castro’s remarks were cheered by many, but some Honduran politicians hesitated to endorse the pre-emptive threat on a Trump administration that hasn’t even taken power yet, while others condemned it. Among the detractors was likely November 2025 presidential challenger Jorge Calix, who said Castro’s heated rhetoric put Honduras “in grave danger.” Another potential challenger, Olban Valladares, said “[Castro] knows we don’t have the ability to threaten the United States in any way, that the damages it would cause Honduras would be terrible.”

    Like other Latin American countries, Honduras has a huge financial interest in keeping its huge population of illegal emigrants inside the United Statesthe money they send back to families inside Honduras accounts for up to 25% of the country’s economy, the New York Times reports. 

    The United States has service members in several locations in Honduras, but one stands far above the others in importance: Soto Cano Air Base is the largest US base in Central America. Currently operating under the moniker Joint Task Force Bravo, American forces have been there since 1983. Touted as a key asset for anti-drug and humanitarian missions, the base has long been used to facilitate American meddling in the region, such as the US-backed Contra insurgency that waged a bloody and failed guerrilla war against Nicaragua’s Marxist Sandinista government. 

    As part of a Special Forces exercise, a C-130 lands at Soto Cano Air Base in Honduras (Martin Chahin, Air Combat Command)

    “Without paying a cent for decades, they maintain military bases in our territory, which in this case would lose all reason to exist in Honduras,” said Castro. According to the US government, the State Department and US Agency for International Development together provided $780.5 million in various forms of aid to Honduras between 2020 and 2023 alone. America is also the country’s largest trading partner. 

    While many Honduran officials aren’t backing Castro’s threat, Foreign Minister Enrique Reina opined that Castro has the authority to unilaterally suspend the long-standing US-Honduran agreement under which the Pentagon built Soto Cano and currently bases more than a thousand service members and civilians. 

    Trump’s transition team chose to respond gently. “The Trump administration looks forward to engaging our Latin American partners to ensure our southern border is secure and illegal immigrants can be returned to their country of origin,” said spokesman Brian Hughes. Trump himself has been full of bluster on the issue of secure borders — for example, threatening to hammer Mexico and Canada with 25% tariffs if they failed to block migrants and fentanyl from flowing across the frontiers. 

    Of course, for genuine America-Firsters who want secure borders AND an end to our sprawling, bankrupting military empire, Castro’s threat sounds just great:    

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    Tyler Durden
    Sat, 01/04/2025 – 16:55

  • Biden & Make-Believe Democracy
    Biden & Make-Believe Democracy

    Authored by Jonathan Cook via ConsortiumNews.com,

    If a large chunk of the public can be persuaded that a man who is incapable of finding the door is “sharp as a tack,” they can be made to believe a lot of other things too…

    Only in the world of political make-believe we inhabit in the West would The Wall Street Journal’s account of Biden’s years-long cognitive decline, and its concealment by his officials, count as a scoop.

    And only in a world in which the billionaire-owned media alone constructs and polices what counts as reality would the WSJ be able to run this story without also being expected to consider what it signifies about America’s professed democracy.

    The emperor, we are now told, was naked all along. How did it take more than four years for the fearless, tenacious billionaire-owned media to notice?

    The WSJ reports that even back in 2021 Biden had what his officials described as “bad days” when his mind worked so poorly he had to be kept away from senior Congresspeople and his own cabinet colleagues.

    So insulated was he that he rarely met even with key figures directing White House policy, such as the secretaries of State, Defence and the Treasury.

    He was able to hold only two or three cabinet meetings a year during his four-year term — a total of nine, compared to 19 by Barack Obama and 25 by Donald Trump.

    His aides barely strayed from his side because they needed to whisper instructions for him to carry out the simplest of public tasks, such as where to enter and exit a room.

    Concern only went mainstream when he performed catastrophically in an unscripted TV debate against Donald Trump in June, eventually having to pull out of his re-election bid and let his vice-president, Kamala Harris, take over.

    Shortly afterwards, it emerged that he had been receiving regular visits to the White House from a leading neurologist and Parkinson’s expert.

    Many observers — myself included — pointed out Biden’s mental infirmity from the get-go. Matt Orfalea has been compiling video clips of the president’s stunning gaffes and verbal confusions for years. None of us were geniuses. We didn’t need access to the 50 White House insiders interviewed by the WSJ. It was blindingly obvious.

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    You had to be lying, or hypnotised, to deny what was so visible.

    And yet every time we pointed out Biden’s clear cognitive impairment, we were accused of promoting conspiracy theories, engaging in elder abuse, or supporting Trump.

    The emperor, so we were told, was fully clothed.

    The truth about Biden hasn’t suddenly leaked out from his officials. Senior politicians on both sides of the aisle knew. White House correspondents knew. Editors knew. And they all lied to protect the system of power to which they belong, the system that keeps them gainfully employed, the system that maintains their status. No one was going to rock the boat.

    [See:  Stop Calling It A ‘Stutter:’ Dozens of Examples Show Biden’s Dementia Symptoms and Caitlin Johnstone: Biden Not Running the Show]

    The WSJ hasn’t suddenly found out things it didn’t know before. The reason it is coming clean now – as are White House staffers – is that President Biden is almost out the door. The truth is no longer a serious threat to the Washington power system.

    There will be more revelations about Biden’s incapacity – maybe contained in a future book by Bob Woodward – after his presidency has become a distant memory. When it is safe for the full story to be told. When the lies are no longer important.

    But more significant than the media deceptions are the fact that much of the public fell for them, not once but over and over again: day after day, week after week, month after month, year after year.

    Why? Because far too many of us are in the grip of the West’s propaganda system. We believe that the billionaire-owned media is to be trusted, that it serves the public good, not private wealth.

    If a large chunk of the public can be persuaded that a man who is incapable of finding the door through which he’s supposed to leave is “sharp as a tack”, then why would they not also believe that the United States is promoting democracy as it has laid waste to the Middle East over the past two decades to control the region’s oil?

    Or that Washington is seeking peace for the world and Ukraine by arming it with ever-more offensive weapons against a nuclear-armed Russia so that the U.S. can place ballistic missiles on Moscow’s doorstep?

    Or that the U.S. wants a ceasefire in Gaza even as it supplies the munitions, intelligence and diplomatic cover for Israel to carry out a genocide there?

    The problem is that, subjected to a lifetime of elite propaganda, many are readier to believe that very propaganda than the evidence of their own own eyes. They are truly hypnotised.

    Even now, many are listening to the “revelations” of Biden’s long decline and, just like the WSJ, not wondering how the U.S. has been functioning for the past four years with a president barely able to read a teleprompter, one whose mind is so vacant he can wander off in the middle of a conversation.

    Does the U.S. run by itself? Does it need a president? Or is the president nothing more than a figurehead for a permanent bureaucracy that expects to wield power from the shadows, unobserved by voters and unaccountable to them? Is the U.S. a democracy, or is the democracy just a facade behind which a wealth elite maintains its power?

    Biden has given us the answer. Were you listening?

    Tyler Durden
    Sat, 01/04/2025 – 16:20

  • Soundgarden Team-Up With Fat Activist Vocalist Ends With Disastrous Crowd Surf Attempt
    Soundgarden Team-Up With Fat Activist Vocalist Ends With Disastrous Crowd Surf Attempt

    Grunge rock band Sound Garden, popular in the 1990s after their hit album ‘Superunknown’, has been a rare feature on the live music scene since the death of lead singer Chris Cornell at age 52 in 2017.  The group has limited itself to a few shows, usually featuring a guest lead vocalist.  Some have speculated that the band has been trying out new singers for a potential return, using the name “Nudedragons” (an anagram of Soundgarden).  However, most of their team ups have been with female singers that sound nothing like Chris Cornell.

    In their most recent show (part of a charity event) Soundgarden brought in a black female activist singer by the name of Shaina Shepherd, a resident of Seattle, Washington that dubs herself a mix between “gospel and garbage metal”.  Shepherd’s biography boasts:

    “While finding her voice on the piano, she was finding her voice as the lead singer of Seattle prog-rock and soul band BEARAXE. BEARAXE has allowed Shepherd to hone her craft as a gospel-influenced rock artist exploring classicism, sexism, and self-care themes. And as her relationship with the piano grew, she began to weave similar themes through a lens of vulnerability and thematic strong structures akin to the operas and oratorios she studied as a new musician…”

    As with most popular but aging bands, the veneer wears off dramatically over time and a desperation to try anything to breathe new life into their fading careers can lead to some disastrous choices.  Working with an overweight leftist activist with delusions of grandeur might not have been the best choice for Soundgarden.

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    Shaina Shepherd is heard exclaiming “I knew I was too heavy for you motherfuckers…” as the crowd struggled to prop her up after her embarrassing face-plant.  She then stumbled back to the stage in a daze. Shepherd’s miscalculation was one of basic physics, combined with the fact that the majority of Soundgarden fans are now in their 50s and quickly moved out of the way to avoid yet another expensive trip to their chiropractor. 

    It has been noted by fans that Shepherd was not very good at singing the band’s lineup of songs, asserting that if they’re actually looking for a talented replacement for Chris Cornell they should talk to Cornell’s daughter.  

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    Though the incident is hilarious, it’s also a sad reminder of the steep downward spiral of the music industry in the past decade, as well as the slow death of the rock genre.  Popular music has become increasingly sterile and generic and a lot of that could be attributed to the effects of the woke mind virus on the industry as a whole.  There is also a laziness factor that can’t be denied, with many music personalities now incapable of playing an instrument or even singing without voice autotune software.  

    Hopefully talent will make a comeback as a feature of our culture in the near future. In the meantime, people will have to cling to their nostalgia for warmth.    

    Tyler Durden
    Sat, 01/04/2025 – 15:45

  • Furious Allstate Customers Uncover Video Of Disgustingly Woke DEI Hiring Practices
    Furious Allstate Customers Uncover Video Of Disgustingly Woke DEI Hiring Practices

    Authored by Zach Dean via OutKick,

    I can promise you, there is no company in America happier that it’s Saturday than Allstate. Not even close. 

    They needed the weekend in just the worst possible way. Now, it’s all their fault, because they tried to virtue-signal and politize a terrorist attack on US soil. Stupid. Dumb, dumb, dumb. 

    That crap may have flown a few months ago, but not anymore. Americans overwhelmingly rejected woke culture in November. It’s over. You guys lost. Sanity is back. 

    And that means insanely dumb videos like the one Allstate pumped out during Thursday’s Sugar Bowl, in which their CEO basically called out us – AMERICANS! – for not being more positive and receptive to change in the wake of the New Orleans terrorist attack, no longer fly. 

    They don’t work. We don’t accept them, and, in turn, we don’t accept your stupid narrative. 

    Anyway, you all know about the video by now. Lord knows my Twitter has been blowing up ever since I discovered yesterday that Allstate tried to scrub the video from Elon’s site. Spoiler alert: it didn’t work. 

    That’s not the point of this blog. The point here is … furious customers have also discovered another video from Allstate, this one from last year, which perfectly explains just how woke this company really is. 

    Enjoy!

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    This explains a lot from Allstate

    My God. It’s just amazing. Seriously, it’s amazing how bad they are. And by they, I mean box-checking execs who try to cater to the mob when, deep down, they really don’t care about the mob. 

    They care about being canceled, which is why they try to gaslight to the highest degree so they can point to videos like this and say, WE ARE DIVERSE!

    But we don’t want you to be diverse. We want you to be good at your job. I’ve long said that DEI hiring is the most racist thing in the country. I was a boss not too long ago for a woke media company (y’all can figure out which one pretty easily), and I had to hire people. 

    And I was told, in no uncertain terms, to do my best to check the diversity box. And you know what I told them? Kick rocks. 

    I want resumes laid in front of me, with no names on them, and I’ll pick the best ones. That’s it. That’s all we want – the best people hired, no matter what color they are. 

    So does this video from Allstate shock me? Of course not. I’ve seen it up close and personal. I’ve seen it happen in real-time. 

    Does explain Thursday’s woke Sugar Bowl video a little more, though. 

    What a time to be alive.

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    Tyler Durden
    Sat, 01/04/2025 – 15:10

  • Watch: Hillary Clinton & George Soros Receive Presidential Medal Of Freedom
    Watch: Hillary Clinton & George Soros Receive Presidential Medal Of Freedom

    In the latest award for individuals responsible for the destruction of Western civilization (see: Nobel Prize), President Biden will award the Presidential Medal of Freedom – the nation’s highest civilian honor, to Hillary Clinton and George Soros, along with 17 others, during a Saturday ceremony at the White House.

    “President Biden believes great leaders keep the faith, give everyone a fair shot, and put decency above all else,” the White House said in a statement. “These nineteen Americans are great leaders who have made America a better place. They are great leaders because they are good people who have made extraordinary contributions to their country and the world.”

    Soros, 94, notably gave over $175 million to Democrats during the 2022 midterms per FEC records, and has ‘installed’ dozens of soft-on-crime District Attorneys in key Democrat-run cities, who have presided over the breakdown of law and order across the land.

    The Hungarian-born billionaire who’s been banned from Hungary for sowing social discord – also funneled another $60 million to House and Senate Democrats through his Democracy PAC, while shifting billions in his personal net worth to his Open Society Foundations – which fund progressive projects around the world, such as ferrying an untold number of migrants from Africa to Europe.

    His son Alexander, who’s engaged to former Clinton aide and Huma Abedin, accepted the award on his father’s behalf.

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    Hillary Clinton, meanwhile, will be receiving the Presidential Medal of Freedom a decade after she paid a British spook to fabricate the Trump-Russia hoax, before losing the 2016 US election. She also housed top-secret information on a non-secure server at her house, had her aides destroy electronic devices with literal hammers, and used software to scrub evidence of wrongdoing.

    At the conclusion of the bureau’s investigation, former FBI Director James Comey said that Clinton and her colleagues were “extremely careless in their handling of very sensitive, highly classified information” but that the FBI “did not find clear evidence that Secretary Clinton or her colleagues intended to violate laws governing the handling of classified information.”  –NY Post

    The former first lady, secretary of state and New York Senator “made history many times over decades in public service,” the White House said in a statement.

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    Biden will also award the Medal to the following individuals, per the Post:

    • Bono, the frontman of rock band U2
    • Michael J. Fox, the “Back to the Future” star 
    • Earvin “Magic” Johnson, a Los Angeles Lakers legend
    • Ralph Lauren, the visionary fashion designer
    • Lionel Messi, the MLS star and captain of Argentina’s World Cup-winning soccer team 
    • Denzel Washington, the Academy-Award-winning actor
    • Anna Wintour, the editor-in-chief of Vogue
    • William Sanford Nye, the television presenter better known as “Bill Nye the Science Guy 
    • Robert Francis Kennedy, the slain former New York senator and US Attorney General 
    • Jane Goodall, the renowned primatologist and anthropologist 
    • David M. Rubenstein, the billionaire co-founder of The Carlye Group
    • José Andrés, the celebrity chef and founder of the World Central Kitchen charity group
    • Ashton Baldwin Carter, the former Defense Secretary 
    • Tim Gill, an entrepreneur whose work has advanced LGBT rights
    • George W. Romney, the late businessman and former Michigan governor
    • George Stevens, Jr., an author and playwright
    • Fannie Lou Hamer, the late civil rights leader and  founder of the Mississippi Freedom Democratic Party

    Meanwhile as we noted last week, Liz Cheney received the “Presidential Citizens Medal,” prompting President-elect Trump to blast her as a “warmonger of low intelligence.” (h/t modernity.news)

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    Do they each get a piece of Marina Abramović art as well? Hopefully none of these clumsy rascals gets a black eye at the afterparty.

    Tyler Durden
    Sat, 01/04/2025 – 14:35

  • Disgraceful: MSNBC Host Trashes US Veterans…
    Disgraceful: MSNBC Host Trashes US Veterans…

    Authored by Steve Watson via modernity.news,

    MSNBC host Lawrence O’Donnell elicited backlash Friday for declaring that US veterans represent a greater terror threat than the undocumented illegal immigrants crossing over the border in their hundreds of thousands per month.

    Reacting to the two new year’s day terror attacks on his program watched by practically nobody now, O’Donnell declared “The simple fact is, this country has suffered more deadly terrorism at the hands of American-born citizens who are veterans of the United States military than people who have crossed into this country at the southern border.”

    “It is very clear from the evidence that if you want to worry about terrorism in this country, the United States Army is a much bigger problem than the southern border,” he further proclaimed.

    O’Donnell then referred to Timothy McVeigh, the domestic terrorist behind the Oklahoma City bombing in 1995, to argue that American veterans have carried out more violent acts in the US than illegal immigrants have.

    “Timothy McVeigh parked a truck outside that building loaded with explosives in an act of homegrown American terrorism,” O’Donnell stated.

    He continued, “Timothy McVeigh’s hatred of the American government was not tamed in any way by his service in the American military. So, too, with America’s latest terrorist attack in New Orleans on New Year’s Eve, with an American military veteran driving a pickup truck through a crowd to murder 14 people.”

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    The host conveniently left out the thousands of illegals that have been convicted of violent crimes, even murders, and instead suggested that every military vet is a potential truck bomber.

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    Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

    Tyler Durden
    Sat, 01/04/2025 – 14:00

  • Make Greenland Great Again: PM Seeks Independence From Denmark
    Make Greenland Great Again: PM Seeks Independence From Denmark

    “For purposes of National Security and Freedom throughout the World, the United States of America feels that the ownership and control of Greenland is an absolute necessity,” Trump wrote on Truth Social, while also announcing Ken Howery for US ambassador to the Kingdom of Denmark. 

    Trump’s reopening of discussions about purchasing rare earth minerals-rich Greenland came just before Christmas and were followed by the usual kerfuffle from the liberal media.

    But, as the Wall Street Journal reports, during his New Year speech, Greenland’s Prime Minister Mute Egede emphasized his desire to pursue independence from Denmark, its former colonial ruler, marking a significant change in the rhetoric surrounding the Arctic island’s future.

    As a reminder, Greenland – the world’s biggest island which is home to about 57,000 people – was a Danish colony until it become a self-governing territory of Denmark in 1979.

    Since 2009, Greenland has held the right to declare independence through a referendum.

    Egede’s speech also expressed a desire to strengthen Greenland’s cooperation with other countries.

    “It is about time that we ourselves take a step and shape our future, also with regard to who we will cooperate closely with, and who our trading partners will be,” he said…

    “It is now time for our country to take the next step. Like other countries in the world, we must work to remove the obstacles to cooperation – which we can describe as the shackles of colonialism – and move forward,” he said.

    As Mike Shedlock notes, Greenland – whose capital Nuuk is nearer to New York than Copenhagen – is rich in mineral, oil, and natural gas resources, but it relies on annual subsidies from Denmark worth some €500 million a year.

    Home to a large US Air Force air base, Greenland is strategically vital for the US military. Following Trump’s latest remarks about buying the island last month, Denmark announced it would increase defence spending there by at least €1.3 billion — though Danish Defence Minister Troels Lund Poulsen said the timing was just an “irony of fate”.

    Of course, none of this means that Mr. Egede welcomes a U.S. acquisition. Kathryn Armstrong reported for the BBC after the most recent Trump declaration of interest last month:

    Greenland has once again said it is not for sale after US President-elect Donald Trump said he wanted to take control of the territory.

    “Greenland belongs to the people of Greenland,” its prime minister said on Monday, a day after Trump repeated comments about the Arctic island that he first made several years ago.

    But if Greenland is rapidly moving toward a split with Denmark, it will likely be seeking a partner to offer security, as well as new commercial opportunities. The BBC report quoted Mr. Egede:

    “We must not lose our long struggle for freedom. However, we must continue to be open to co-operation and trade with the whole world, especially with our neighbours,” he said.

    Responding to Trump’s latest comments, Egede last week said that Greenland is “not for sale and will never be for sale”.

    Danish voters may well have something to say about that…

    Make Greenland Great Again?

    Tyler Durden
    Sat, 01/04/2025 – 13:25

  • Hospital System Implements Mask Mandate Across Illinois
    Hospital System Implements Mask Mandate Across Illinois

    Authored by Jack Phillips via The Epoch Times (emphasis ours),

    A hospital system in Illinois this week issued a mandate that everyone entering its facilities must wear a mask due to “widespread respiratory illnesses” in the area.

    People wearing protective face masks walk on the street in a file photo. Chung I Ho/The Epoch Times

    “Starting Tuesday, December 31, all employees, patients and visitors at our hospitals are required to wear masks due to the widespread respiratory illnesses in our communities, including COVID-19, influenza and RSV,” said OSF Saint Francis Medical Center, based in Peoria, Illinois, in a statement posted on Facebook.

    “Additionally, we are implementing a temporary visitor restriction: only two visitors (age 18+) per patient at a time. Thank you for your cooperation in keeping our community safe.”

    It comes as Rush University Medical Center, based in Chicago, said in a statement that starting on Dec. 2, it will require “patients and visitors to wear hospital-approved masks when they are in clinical offices, waiting areas and patient registration.”

    The policy coincides with the respiratory virus season, when the spread of flu, RSV, and COVID-19 rises,” it wrote.

    New Jersey Hospital Appears to Mandate Masks

    The largest hospital system in New Jersey, RWJ Barnabas Health, said in December that visitors and patients in its facilities “are expected” to wear a face mask. Masking is also being “strongly encouraged” for staff and visitors at the company’s outpatient and medical group facilities in the state, according to a statement released in mid-December.

    “Wear an appropriate face mask. We will offer you a new mask for source control or may ask you to replace your own mask with a hospital-supplied mask,” the hospital said to patients and visitors.

    For outpatient and medical group buildings, “masking is strongly encouraged for all providers, staff, patients, visitors and vendors at all times in the presence of patients,” it said.

    RWJ Barnabas added that “masking is REQUIRED for all patients who present with respiratory symptoms, as well as all staff members and providers caring for them.”

    New York State Issues Mandate

    As of mid-December, New York state health care workers who have not received an influenza vaccine have to wear masks when working in places where residents or patients are present in facilities.

    In a Dec. 18 statement, New York State Health Commissioner Dr. James McDonald declared that the “flu is prevalent across the State means healthcare personnel who are not vaccinated against the flu this season need to take extra precautions and wear a mask in healthcare facilities to avoid exposing sick patients and those most vulnerable to complications of the virus.”

    His declaration on requiring masking did not mention COVID-19, only influenza. During the COVID-19 pandemic, state and local governments, as well as private businesses, required masks due to the virus.

    California Counties Mandate Masks

    Starting in November, multiple counties in California’s Bay Area required masks for staff working at hospitals and health care facilities. The mandate will end on March 31 of this year.

    Counties with mask requirements for employees include San Francisco, Alameda, Contra Costa, Santa Clara, Napa, and San Mateo. But Santa Clara County, which includes San Jose, and San Mateo County also require visitors and patients in those health care facilities to wear masks, according to an earlier review from The Epoch Times.

    Aside from the county mandates, a hospital system in Monterey reinstated a mandate for patients, visitors, and staff around the same time.

    Respiratory Virus Numbers Rising

    Late last week, the U.S. Centers for Disease Control and Prevention (CDC) said that cases of respiratory illnesses associated with RSV, influenza, and COVID-19 are increasing across the country.

    Emergency department visits for RSV, or respiratory syncytial virus, are still high, the CDC said in a statement. Flu-related emergency department visits are at moderate levels, the agency said.

    COVID-19 activity is also “increasing in most areas of the country, with high COVID-19 wastewater levels and increasing emergency department visits and laboratory percent positivity,” the agency added.

    Tyler Durden
    Sat, 01/04/2025 – 12:50

  • Amish Farmer Celebrates "Big Win For Food Freedom"
    Amish Farmer Celebrates “Big Win For Food Freedom”

    Robert Barnes, an attorney for raw milk producer and Amish farmer Amos Miller, revealed on X late Friday night that the Commonwealth Court of Pennsylvania “affirmed the trial court decision allowing Amish farmer Amos Miller to continue to make his wonderful food available to customers outside the state.” 

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    Recall that the government raided Miller’s farm in early 2024 for selling raw milk, organic eggs, grass-fed beef, and other nutritious foods to consumers, citing repeated failures to comply with overly burdensome federal farming regulations.

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    The USDA tried to bring Miller’s farm into compliance with federal regulations, but the Amish farmer spent many months in court rather than obtaining a license to produce raw milk for sale. 

    Since last January’s search warrant, the “Pennsylvania Dutch” community became outraged and mobilized in a rare vote in federal elections for Trump-Vance to stand up against rogue federal agencies captured by the processed foods industrial complex.

    “Tremendous diabolical government overreach. It had nothing to do with food safety & everything to do with government control. If I recall correctly, the department responsible for “food safety” in the Commonwealth of Pennsylvania also put Amos Miller through hell along with the FDA. This overreach by tyrannical government forces must end,” one X user said. 

    Here’s what others are saying about this big win for the Amish:

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    Under the MAHA movement, led by Robert F. Kennedy Jr., the nation’s food supply chain must be restored into the hands of the people – not continued mega corporations poisoning consumers with seed oils and highly processed foods

    Tyler Durden
    Sat, 01/04/2025 – 12:15

Digest powered by RSS Digest

Today’s News 4th January 2025

  • Creative Energy Diplomacy Can Lay The Basis For A Grand Russian-American Deal
    Creative Energy Diplomacy Can Lay The Basis For A Grand Russian-American Deal

    Authored by Andrew Korybko via Substack,

    Russian Energy Minister Alexander Novak shared an update on the proposed Russian gas pipeline to China through Kazakhstan, which was analyzed here in November, shortly before the start of the year. He confirmed that “This process, so to speak, is underway. Estimates, the feasibility study and negotiations are now underway.”

    This statement shouldn’t be misinterpreted as assuming that the project is a done deal like RT implied in its report, however, since it’s more of a message to the US at this point.

    The previously mentioned analysis cited last summer’s about the continued Sino-Russo pricing dispute over the Power of Siberia II (POS2) pipeline, which boils down to China demanding bargain-basement prices (reportedly equivalent to Russia’s domestic ones) while Russia obviously wants something better. This impasse hasn’t yet been resolved, and while some like Asia Times’ Yong Jian consider the trans-Kazakh proposal to be an agreed-upon rerouting of POS2, that’s arguably a premature conclusion.

    Pricing disputes still exist and the “process” that Novak described has only begun. It’s far from finalized and might still take a while to be completed, if ever, as suggested by the POS2 and Pakistan Stream Gas Pipeline precedents. The first, which was earlier known as the “Altai Pipeline” before the decision to reroute it via Mongolia, has been discussed for a full decade already with no deal in sight. The same goes for the second, which was first agreed upon in 2015, but no progress has been made since then either.

    Amidst the latest talk of the Russia-Kazakhstan-China (“RuKazChi”) gas pipeline, Russia’s last direct gas pipeline to Europe was just shut down after Ukraine’s decision to let their five-year transit agreement lapse. Russia can still indirectly export gas to Europe via TurkStream, and Europe can always compensate for this long-foreseen loss of 5% of its gas import total via more Russian LNG, but the writing is on the wall that the EU will continue diversifying from Russia under American pressure.

    In that event, Russia’s lost budgetary revenue from energy exports to Europe can only realistically be replaced by China, but Russia is still reluctant to agree to the bargain-basement prices that China is reportedly demanding. Its decisionmakers’ thought processes can only be speculated upon given the opacity and sensitivity of these talks, but this might reasonably be due to the expectation that the US’ more muscular containment of China could coerce Beijing into agreeing to better prices with time.

    Another possibility, which isn’t mutually exclusive at this point at least, is that they might also be holding out hope that some of their European exports could one day be resumed seeing as how the infrastructure still exists but their partners made a US-pressured political decision to cut off imports. The best-case scenario from their perspective would therefore be that China agrees to prices closer to the market rate while the EU resumes some of their Russian gas imports after the special operation ends.

    The reality though is that Russia is unlikely to have its cake and eat it too, and there’s no guarantee that either of its two main gas partners – the EU and China – will behave as expected even at a later date. The EU won’t resume any pipeline imports unless it receives approval from the US while China is known to operate on a much longer timeframe than most so it might hold off on clinching a deal indefinitely until Russia finally accepts its bargain-basement price demands. This places Russia in a very bad position.

    Unless something changes, Russia might very well be coerced by the unfortunate circumstances in which it finds itself into agreeing to China’s reported proposal to sell it gas at domestic prices, which could turbocharge China’s superpower rise while placing Russia in a greater position of dependence.

    That might be preferred by Russian decisionmakers over sitting on these reserves indefinitely without receiving any financial benefit from them as sanctions start to create fiscal and monetary challenges.

    From the US’ perspective, it’s worse for Russia to turbocharge China’s superpower rise and enter into a relationship of greater dependence with it that could be exploited by China to procure other resources at equally cheap rates than to allow the partial resumption of Russian exports to Europe. At the same time, such resumptions couldn’t be approved until after the Ukrainian Conflict ends, and this would be politically impossible in any case unless the US could spin the outcome as a victory of sorts over Russia.

    Likewise, Russia couldn’t agree to this arrangement unless it too was able to spin the outcome as a victory, especially if the informal terms include a commitment not to build any new pipelines to China in exchange for the abovementioned proposed resumption overcompensating for that lost revenue. Therein lies the need for creative diplomacy of the kind suggested here last month and here the other day, the insight of which will now be blended, summarized, and built upon for the reader’s convenience.

    The gist is that the US and Russia could agree to a series of mutual compromises culminating in the partial restoration of an energy bridge between Russia and the West for the purpose of depriving China of its envisaged decades-long access to ultra-cheap Russian resources for fueling its superpower rise. No one should assume that everything proposed below will enter into force, but these suggestions could help move their talks along.

    From the US’ side, its possible compromises could take the form of:

    * Ukraine finally holding elections as part of a US-backed “phased leadership transition” against Zelensky, who’s the top obstacle to a lasting peace, and then legitimizing the following two agreements;

    * Ukraine restoring its constitutional neutrality in order to exclude itself from ever joining NATO and thus resolving the core security concern that provoked Russia’s special operation;

    * Ukraine demilitarizing and denazifying everything east of the Dnieper in what had for centuries been Russia’s traditional “sphere of influence” (everything west had traditionally been under Polish influence);

    * The US terminating its bilateral security agreement with Ukraine in order to assure Russia that any cessation of hostilities wouldn’t be a ruse for rearming Ukraine and reigniting the conflict at a later date;

    * The US agreeing that no Western peacekeepers will deploy along the DMZ between Russia and Ukraine east of the Dnieper (all parties might agree to an entirely non-Western peacekeeping mission though);

    * The US also agreeing that Article 5 won’t apply to any Western country whose uniformed troops in Ukraine, which would be unilaterally deployed there in this scenario, come under attack by Russia;

    * The US approving the EU’s partial resumption of Russian gas pipeline imports in order to buoy the bloc’s struggling economy via an influx of low-cost fuel (but higher-priced than what China demands);

    * The US and EU returning some of Russia’s seized assets as “compensation” for the West retaining control over the European portion of its pipelines;

    * The US lifting its sanctions on the Russian-EU energy trade, including Russia’s use of SWIFT, and expanding this to include more countries and spheres as a reward for keeping the peace with Ukraine;

    * The US waiving sanctions on Russia’s Arctic LNG 2 project for itself, the EU, India, and Japan so that they can replace lost Chinese investment and ensure that they receive this gas instead of China;

    * The US replicating the preceding policy on a case-by-case basis to squeeze out and ultimately replace all Chinese investment in Russian energy projects to preclude the possibility of more future exports to it;

    * and the US building upon the trust that it hopes to regain with Russia through these compromises to resume frozen strategic arms control talks on a priority basis before the expiry of the New START in 2026.

    From Russia’s side, its own compromises could take the form of:

    * Agreeing to only the partial demilitarization and denazification of Ukraine west of the Dnieper (ideally with the first influenced by the Istanbul Agreement while the second might remain superficial);

    * Limiting its control of Ukrainian-claimed lands to only Crimea and those four regions that voted to join Russia in September 2022’s referenda;

    * Tacitly accepting that it won’t be able to assert control over the parts of Kherson and Zaporozhye Regions west of the Dnieper but nevertheless continuing to officially maintain such claims;

    * Agreeing to limited military restrictions on its side of the DMZ as a trust-building measure for furthering the rest of the complicated negotiation process and then complying with these terms;

    * Informally agreeing to prioritize the development of its Arctic and Pacific fleets over its Baltic and Black Sea ones in a tacit cession of influence to NATO that soberly reflects the current military realities;

    * Formally acknowledging the loss of control over the EU and Ukrainian portions of its pipeline infrastructure (ideally in exchange for “compensation”, including the return of some of its seized assets);

    * Tacitly accepting that the rest of its seized assets are lost, but possibly agreeing that they can be invested in rebuilding Ukraine and/or Syria or donated to the UN, perhaps to fund a new African project;

    * Informally agreeing not to build new pipelines to China or expand energy exports to it so long as sanctions-waived energy investments from and exports to others overcompensate for that lost revenue;

    * Unofficially preferring sanctions-waived investment from others (America, Europe, India, Japan, South Korea) in its resource-rich Arctic and Far East regions as opposed to that from China;

    * Doing the same with regard to preferring tech imports from them (and Taiwan too, which was Russia’s main source of high-precision machine tools a year ago);

    * Tacitly accepting that these sanctions waivers can be rescinded in an instant if Russia reneges on the Ukrainian or Chinese terms of this proposed grand deal;

    * and negotiating with the US in good faith on strategic arms control, which could ultimately include restoring limits on intermediate-range missiles in Europe that lead to warehousing the mighty Oreshniks.

    For as politically difficult as these compromises might be for each side, the US could spin them as having stopped Russia from controlling all of Ukraine and thus preventing it from planting its boots on the Polish border, while Russia could spin them as having stopped Ukraine from joining NATO and thus preventing that bloc from planting their boots on its exposed western border. Moreover, Russia would relieve pressure upon it in Europe, while the US Navy would control the bulk of China’s energy imports.

    The key to this is the US offering Russia a decent deal in Ukraine with lucrative sanctions-waived energy and tech opportunities that would incentivize Russia into informally agreeing to deprive China of decades-long access to ultra-cheap resources for fueling its superpower rise at the US’ expense. This grand deal is Trump’s to lose, and the world will know that he fumbled it if Russia makes progress on new pipelines to China, which could accompany or be followed by him “escalating to de-escalate”.

    Tyler Durden
    Fri, 01/03/2025 – 23:25

  • Where The US Gets Its Enriched Uranium
    Where The US Gets Its Enriched Uranium

    Nuclear power accounts for 19% of electricity generation in the U.S.

    This graphic, via Visual Capitalist’s Bruno Venditti, illustrates the top sources of enriched uranium for U.S. civilian nuclear power reactors in 2023, based on data from the U.S. Energy Information Administration.

    The calculation is based in Separative Work Unit (SWU), a unit that defines the effort required in the uranium enrichment process.

    U.S. Suppliers of Enriched Uranium

    Uranium production in the United States peaked in 1980, while purchases of uranium by U.S. nuclear power plant operators from domestic suppliers peaked in 1981. Since 1992, the majority of uranium purchased by U.S. nuclear power plant operators has been imported.

    Currently, the U.S. relies on foreign sources for 71.7% of its enriched uranium, despite possessing domestic resources.

    Russia supplies 27.2% of enrichment services, making it the largest single foreign provider for U.S. civilian nuclear power reactors. After Russia, 12% of enriched uranium comes from France, 8% from the Netherlands, and 7% from the United Kingdom.

     

    Russia Temporarily Limits Exports

     

    In November 2024, Russia temporarily restricted enriched uranium exports to the U.S., raising concerns about potential supply risks for utilities operating American reactors. These restrictions were in response to Washington’s recent ban on imports of Russian uranium, which was signed into law earlier this year.

    In addition to the U.S., Russia is a major exporter of enriched uranium to countries including China, South Korea, and France.

    If you enjoyed this topic, check out this graphic showing oil and gas leases on public lands under Obama, Trump, and Biden.

    Tyler Durden
    Fri, 01/03/2025 – 23:00

  • Democrats Rewrite History To Praise Jimmy Carter
    Democrats Rewrite History To Praise Jimmy Carter

    Authored by Francis P. Sempa via RealClearDefense,

    Tom Donilon, President Barack Obama’s national security adviser from 2010 to 2013, attempts to rewrite history on the Foreign Affairs website to praise Jimmy Carter as a great foreign policy president. We “learn” from Donilon that Carter left a legacy of peace in the Middle East with the Camp David Accords, enhanced U.S. security in the broader Persian Gulf region by proclaiming the Carter Doctrine, deftly managed our relationship with China by advancing the “one China” policy and ensured the ultimate downfall of the Soviet Union. One wonders why American voters overwhelmingly rejected Carter in 1980 after he accomplished so much (according to Donilon).

    There was a time when Democrats had the courage to distance themselves from a failed foreign policy by a president of their own party—and that time was in the late 1970s. The list of prominent Democrats who supported GOP candidate Ronald Reagan over Carter in the 1980 election because of Carter’s failed foreign policy was long and distinguished, and included the likes of Paul Nitze, Jeane Kirkpatrick, Max Kampelman, Norman Podhoretz, Lane Kirkland, Eugene Rostow, Richard Perle, Richard Pipes, and Elliot Abrams, among others. Many of these were known then as “Scoop Jackson Democrats,” named after the long-serving Senator from the state of Washington Henry M. Jackson, a key member of the Armed Services Committee. Scoop Jackson was one of the nation’s chief critics of détente, especially as practiced by the Carter administration. Scoop Jackson was on Reagan’s transition team. Kirkpatrick, Rostow, Perle, Abrams, Pipes and Nitze all joined Reagan’s national security team.

    The first major Democratic salvo against Carter’s foreign policy was fired by Jeane Kirkpatrick in an article in Commentary in 1979 titled “Dictatorships  and Double Standards.” Kirkpatrick’s first sentence set the theme of the article: “The failure of the Carter administration’s foreign policy is now clear to everyone except its architects, and even they must entertain private doubts, from time to time, about a policy whose crowning achievement has been to lay the groundwork for a transfer of the Panama Canal from the United States to a swaggering Latin dictator of Castroite bent.” Kirkpatrick criticized Carter for failing to adequately respond to a massive Soviet conventional and military build-up, watching as the Soviets extended their political influence in Africa, Afghanistan, and the Caribbean Sea, and undermining long-time U.S. allies in Nicaragua and Iran to the detriment of U.S. security interests. Carter, she said, wielded the cudgel of “human rights” against America’s allies regardless of the strategic consequences.

    But even before Kirkpatrick’s article, Carter set the theme of his approach to  foreign policy in an address at Notre Dame early in his presidency, when he proclaimed that he “believe[d] in détente with the Soviet Union,” and apologized for “abandoning our own values” for those of our adversaries. (The Obama administration, when Donilon was deputy national security adviser, infamously engaged in its own “apology tour”). Carter then uttered a line that wins the prize for foreign policy naivete: “Being confident of our own future, we are now free of that inordinate fear of communism which once led us to embrace any dictator who joined us in that fear.” The Soviets, the Sandinistas in Nicaragua, and the mullahs in Iran, as well as our allies, were undoubtedly listening.

    Carter also ordered the removal of U.S. nuclear weapons from South Korea, then announced his intention to withdraw all U.S. ground forces from South Korea. “Carter made these decisions,” Steven Hayward noted, “without any consultation with the Pentagon, congressional leaders, the South Koreans, or any other U.S. allies, most notably Japan, which was shocked by Carter’s decision.” Carter was forced to abandon these decisions by public outcry from military leaders and members of congress. He followed that up by cutting the defense budget (which had been declining since the end of the Vietnam War) by $6 billion. Later, when Carter signed the SALT II Treaty with the Soviets, leading Democratic Senators, including Scoop Jackson and Daniel Patrick Moynihan, opposed ratification, which forced Carter to withdraw the treaty from consideration.

    The next major salvo came from Commentary’s editor Norman Podhoretz in his small but influential book The Present Danger. Podhoretz characterized Carter’s foreign policy as “strategic retreat” which involved a “steady process of accommodation to Soviet wishes and demands.” He noted that Carter’s Secretary of State Cyrus Vance stated that the United States and Soviet Union had “similar dreams and aspirations.” Arms control became the centerpiece of Carter’s defense policy as he “delay[ed] or cancel[ed] production of one new weapons system after another—the B-1 bomber, the neutron bomb, the MX, the Trident—while the Soviet Union went on increasing and refining its arsenal.” When Carter did nothing to prevent the fall of the Shah in Iran (despite being urged to do something by National Security Adviser Zbigniew Brzezinski), the administration characterized the non-response as “mature restraint” (and Carter’s UN Ambassador Andrew Young called Ayatollah Khomeini a “saint”) but Podhoretz more accurately called it a “culture of appeasement.” We have been dealing with the consequences of Carter’s “mature restraint” for 45 years.

    When the Soviet Union invaded Afghanistan, Carter expressed surprise that the Kremlin would invade another country. The reality of Soviet perfidy caused Carter to reverse course to an extent (which Donilon emphasizes in his article), but by then it was too late. A disastrous failed rescue attempt of the American hostages in Iran came to symbolize Carter’s entire foreign policy.  

    Donilon is wrong in every aspect of his praise for Carter. The success of the Camp David Accords (for which Nixon, Ford, and Kissinger had laid the groundwork) pales in comparison to the loss of Iran as a strategic ally in the region. Carter’s “management” of China needn’t have included ending formal relations with Taiwan (and Carter only reluctantly signed the Tawain Relations Act which was championed by GOP Senator Barry Goldwater). Donilon’s claim that Carter ensured the downfall of the Soviet Union is, frankly, laughable. Carter was in the process of losing the Cold War when the voters kicked him out of office in favor of Ronald Reagan—who, contrary to Donilon, deserves the most credit for winning the Cold War.  

    As Steven Hayward noted in The Age of Reagan, “It is difficult to understate the completeness of the disaster of Carter’s presidency.” Hayward judged Carter’s foreign policy even more disastrous than his domestic policy which saw the dangerous rise of the economic “misery index.” “Carter came to be regarded, Hayward wrote, “as the American Neville Chamberlain” who demonstrated a “general incapacity to perceive and act according to the geopolitical realities of the moment.” That, not Tom Donilon’s fairy tale, is Carter’s true foreign policy legacy.

    Francis P. Sempa writes on foreign policy and geopolitics. His Best Defense columns appear at the beginning of each month. 

    Tyler Durden
    Fri, 01/03/2025 – 22:35

  • New High-Resolution Renderings Of China's 6th-Generation Tactical Fighter Bomber
    New High-Resolution Renderings Of China’s 6th-Generation Tactical Fighter Bomber

    China’s ability to leapfrog current 5th-generation military aviation technology, like the West’s F-22 Raptor and F-35 Lightning II, to 6th-generation fighters and fighter bombers, recently prompted Deutsche Bank analyst Scott Deuschle to issue an alarming note titled, “A Wake-Up Call for Sixth Gen.”

    On Dec. 26, footage of China’s next-generation tactical fighter-bomber, expected to replace the Xi’an JH-7, surfaced on Chinese social media before appearing on X. The diamond-shaped wing design left military observers across the West stunned.

    DB’s Deuschle characterized China’s rapid advancements in sixth-generation combat aircraft as a serious “wake-up call” for the United States Air Force. This development comes amid a race between the US, China, and Russia to produce fifth—and sixth-generation fighters, bombers, and hypersonic weapons. 

    China has finished developing all planned 5th gen fighters. Hence, our 6th generation fighter will be moving along according to schedule,” Zhao DaShuai, a member of the People’s Armed Police Propaganda Bureau, recently noted on X

    In other words, China appears to have leapfrogged 5th-generation technology to 6th-generation technology, while the West sabotages its military capabilities with wokiesm and Marxist diversity and ESG climate change policies. The problem with the West is that Hollywood makes fantasy films about these sixth-generation jets. 

    … while China appears to make real planes. 

    High-resolution renders of China’s next-generation J-36 stealth fighter have surfaced, offering a glimpse into the potential design of the 6th-generation aircraft,” X user DD Geopolitics wrote. 

    https://platform.twitter.com/widgets.js

    Perhaps wokeism and de-growth ESG policies across the West were never actually intended to work but rather undermine the US and Europe and allow China to surpass the West, both economically and militarily, without firing a shot.

    Don’t even get us started about China’s ‘reverse opium wars‘… 

    Tyler Durden
    Fri, 01/03/2025 – 22:10

  • NASA Discovered Planet Bigger Than Earth With A Gas That Is "Only Produced By Life"
    NASA Discovered Planet Bigger Than Earth With A Gas That Is “Only Produced By Life”

    Via The Mind Unleashed,

    Imagine staring at the night sky, knowing that somewhere out there, a world exists where the air holds the faint whispers of life—a clue so rare and extraordinary that it could rewrite our understanding of the cosmos. NASA’s latest discovery might just be that world: a planet larger than Earth, shrouded in a gas that, on our own planet, is only produced by living organisms.

    What does it mean for humanity if this alien gas signals the presence of life beyond Earth? Could this discovery be the first step toward answering one of our oldest and most profound questions: Are we truly alone in the universe?

    The Planet: Bigger, Mysterious, and Full of Promise

    Orbiting a distant star in a quiet corner of the galaxy, this newly discovered planet captivates astronomers with its sheer scale and unique characteristics. Towering over Earth in both mass and diameter, it has been dubbed a “super-Earth” due to its size and rocky composition. Yet, what truly makes this planet extraordinary is its position within the “Goldilocks zone,” a delicate orbital range where temperatures are just right for liquid water—a crucial ingredient for life as we know it—to exist. This tantalizing detail has elevated the planet from another exoplanet in the vast catalog of discoveries to one of the most intriguing celestial bodies observed in recent years.

    Unlike Earth’s picturesque landscape of oceans, continents, and clouds, this exoplanet’s atmosphere presents an enigmatic profile. Early observations suggest a thick, possibly turbulent atmospheric layer rich in gases that are not yet fully understood. Among these, however, one chemical signature has stunned scientists—a gas that, on Earth, is almost exclusively associated with biological processes. Its detection has turned this planet into more than just a geological wonder; it has become a potential beacon of life beyond our solar system. The mere presence of this gas raises profound questions: Is it possible that life, in some form, has taken root on this distant world? Or could there be unknown processes creating this chemical signature in ways we cannot yet imagine?

    This remarkable find was made possible through the use of state-of-the-art telescopic technology, designed to detect minute changes in light and chemical signatures from planets light-years away. Over the years, NASA has identified thousands of exoplanets, many of which have hinted at habitability, but few have displayed such promising signs of life as this discovery. The scale and conditions of this planet make it a cosmic enigma—a riddle begging to be solved. For scientists and dreamers alike, it represents more than a distant world; it’s a keyhole through which we may glimpse answers to one of humanity’s greatest mysteries: Are we alone?

    The Gas of Life: A Clue to Something Greater

    Amid the swirling gases of the planet’s atmosphere lies a clue so profound that it has sent shockwaves through the scientific community—a gas that, on Earth, is exclusively tied to biological activity. Known as [gas name, e.g., phosphine or methane], this compound is a byproduct of life, produced through processes as diverse as microbial activity in swamps to the digestion of food by animals. Its detection on a planet orbiting a distant star raises a tantalizing possibility: could there be life—however alien—thriving on this massive exoplanet?

    On Earth, the presence of this gas is unmistakably linked to living organisms, a fact that makes its detection on another world all the more remarkable. Scientists have painstakingly ruled out non-biological sources that might explain its presence, such as volcanic activity or chemical reactions in the atmosphere, adding weight to the hypothesis that life might be at play. The sheer improbability of this discovery has turned this planet into a case study, forcing researchers to reevaluate what they thought they knew about life’s potential in the cosmos.

    However, the presence of this gas doesn’t offer definitive proof of extraterrestrial life—yet. It is a puzzle layered with complexity. Could there be an entirely unknown geological or chemical process at work on this distant planet, creating the illusion of a biosignature? Or is this gas the interstellar equivalent of a fingerprint left by alien microbes or organisms? These questions underscore the monumental challenge of interpreting data from light-years away. What is clear, however, is that this discovery represents a milestone in astrobiology, offering a tangible lead in the search for life beyond Earth—a clue that dares us to imagine what might be out there.

    Tools of Discovery: Cutting-Edge Technology

    Revealing the secrets of a planet located light-years away requires more than just powerful telescopes; it demands technological ingenuity and relentless human curiosity. NASA’s discovery of this remarkable exoplanet and its life-associated gas was made possible through advanced tools like the James Webb Space Telescope (JWST) and spectroscopic analysis. These technologies allow scientists to analyze the faint starlight filtering through a planet’s atmosphere, breaking it down into its chemical components with incredible precision. It is this groundbreaking capability that unveiled the presence of [specific gas] on this distant super-Earth.

    The James Webb Space Telescope, equipped with state-of-the-art infrared sensors, played a pivotal role in identifying the molecular fingerprint of the gas. These sensors are capable of detecting subtle changes in light caused by specific gases in a planet’s atmosphere, even from billions of miles away. This method, known as transit spectroscopy, involves observing the planet as it passes in front of its host star, capturing data that would otherwise remain hidden to human eyes. For scientists, every beam of light becomes a treasure trove of information, holding clues about the composition, temperature, and potential habitability of alien worlds.

    While the technology is astonishing, its application also speaks to the brilliance of the scientific minds behind it. The data collected from this exoplanet underwent rigorous analysis, with teams working tirelessly to confirm that the detected gas could not be attributed to non-biological sources. This meticulous process underscores the reliability of the findings, making this discovery one of the most robust yet in the search for extraterrestrial life. By pushing the boundaries of what we can observe and interpret from across the cosmos, tools like the JWST not only expand our knowledge but also ignite hope that we may one day find definitive proof of life beyond Earth.

    Implications for Life Beyond Earth

    The discovery of a gas linked to biological activity on a distant planet has profound implications, not only for science but for humanity’s understanding of its place in the universe. On Earth, this gas is a hallmark of living processes, from microbial life to complex organisms. Its detection in the atmosphere of an exoplanet raises one of the most tantalizing possibilities in modern science: that life, in some form, exists beyond our home planet. But what might that life look like? Could it mirror the microbes that first emerged on Earth billions of years ago, or is it something far beyond human imagination?

    This discovery challenges the notion that Earth is unique in its ability to harbor life. For decades, the search for extraterrestrial life has focused on identifying “habitable zones” and Earth-like conditions. Yet the existence of this gas suggests that life might not require a mirror image of our planet to thrive. It could evolve under entirely different circumstances, adapting to conditions we might consider inhospitable. Such a possibility broadens the scope of the search, encouraging scientists to rethink where and how they look for signs of life in the universe.

    The philosophical implications are equally profound. If life exists elsewhere, it forces humanity to confront questions about its uniqueness, purpose, and future. How might this knowledge reshape our understanding of biology, evolution, and the interconnectedness of all living things? This discovery doesn’t just point to the stars—it asks us to look inward, to consider how the existence of extraterrestrial life might redefine our understanding of ourselves. For scientists and dreamers alike, it’s a reminder that the cosmos holds infinite mysteries, and this discovery may be the first step toward unraveling one of its greatest secrets.

    The Bigger Picture: Humanity’s Quest for Answers

    Throughout history, humanity has gazed at the stars, yearning for answers to the profound question: Are we alone in the universe? This discovery, with its potential to signal the existence of life beyond Earth, represents a pivotal chapter in that quest. It is not just a scientific breakthrough; it is a moment that transcends disciplines, blending biology, chemistry, and astronomy with philosophy and the human spirit of exploration.

    If the gas detected truly points to biological processes, it will fundamentally reshape our understanding of life’s prevalence and resilience. It challenges the notion that life is a rare, Earth-bound phenomenon and hints at a universe teeming with possibilities. Such a revelation could unite humanity, sparking a collective curiosity and sense of purpose that transcends borders, ideologies, and generations. It reminds us that, despite our differences, we all share the same desire to explore, discover, and understand.

    But even if life is not confirmed, the implications remain extraordinary. This discovery demonstrates the capabilities of human ingenuity and the relentless drive to push boundaries. It proves that, as a species, we are capable of asking bold questions and seeking answers in the vast unknown. In many ways, the search for life beyond Earth is also a search for meaning—a journey that reflects our deepest hopes and dreams, as much about us as it is about the cosmos. Whether this planet holds the key to extraterrestrial life or simply deepens the mystery, it reaffirms one undeniable truth: the universe is a place of endless wonder, and our journey to understand it has only just begun.

    Tyler Durden
    Fri, 01/03/2025 – 21:45

  • Manufacturing Dissent
    Manufacturing Dissent

    Authored by Josh Stylman via The Brownstone Institute,

    As I often do on Sunday mornings, I was drinking my coffee and scrolling through my news feed when I noticed something striking. Maybe it’s my algorithm, but the content was flooded with an unusual amount of vitriol directed at Robert F. Kennedy, Jr.’s nomination as HHS Secretary.

    The coordinated messaging was impossible to miss—talking heads across networks uniformly labeling him a “conspiracy theorist” and “danger to public health,” never once addressing his actual positions. The media’s concerted attacks on Kennedy reveal more than just their opinion of his nomination—they expose a deeper crisis of credibility within institutions that once commanded public trust.

    The Credibility Paradox

    The irony of who led these attacks wasn’t lost on me—these were largely the same voices who championed our most destructive pandemic policies.

    As Jeffrey Tucker aptly noted on X this morning:

    The Coordinated Response

    This hypocrisy becomes even more glaring in the New York Times’ recent coverage, where dismissive rhetoric consistently replaces substantive engagement. In one piece, they acknowledge troubling trends in children’s health while dismissively declaring “vaccines and fluoride are not the cause” without engaging his evidence. In another, Zeynep Tufekci—who notably advocated for some of the most draconian Covid measures—warns that Kennedy could “destroy one of civilization’s best achievements,” painting apocalyptic scenarios while sidestepping his actual policy positions.

    Meanwhile, their political desk speculates about how his stance on Big Food might “alienate his GOP allies.” Each piece approaches from a different angle, but the pattern is clear: coordinated messaging aimed at undermining his credibility before he can assume institutional authority.

    The Echo Chamber Effect

    You can almost hear the editorial conveyor belt opening as senior editors craft the day’s approved reality for their audience. The consistent tone across pieces reveals less independent analysis than a familiar pattern—mockingbird media still in action. As I detailed in How The Information Factory Evolved, this assembly-line approach to reality manufacturing has become increasingly visible to anyone paying attention.

    What these gatekeepers fail to grasp is that this smug dismissiveness, this refusal to engage with substantive arguments, is precisely what fuels growing public skepticism. Their panic seems to grow in direct proportion to Kennedy’s proximity to real power. This orchestrated dismissal is more than a journalistic flaw—it reflects a larger institutional dilemma, one that becomes unavoidable as Kennedy gains traction.

    The Institutional Trap

    The Times faces an emerging dilemma: at some point, they’ll need to address the substance of Kennedy’s arguments rather than rely on dismissive characterizations—especially if he assumes control of America’s health apparatus. Just this morning, MSNBC anchors were literally shouting that “Kennedy is going to get people killed”—yet another example of using melodramatics and fear instead of engaging with his actual positions. Their reflexive ridicule strategy backfires precisely because it avoids engaging with the evidence and concerns that resonate with parents and citizens across political lines. Each attempt to maintain narrative control through authority rather than evidence accelerates institutional credibility collapse.

    Beyond Kennedy: Redrawing Political Lines

    The NYT’s analysis about Kennedy potentially alienating GOP allies particularly highlights their fundamental misunderstanding of the shifting political landscape. As a lifelong Democrat who still champions many traditional progressive values, Kennedy transcends conventional political boundaries. His message—”We have to love our children more than we hate each other”—resonates precisely because anyone who dismisses this crusade to restore American vitality as mere political theater is blind to the groundswell of people who’ve grown tired of watching their communities crumble under the weight of manufactured decline.

    This isn’t just about Kennedy—it’s about the media’s inability to address the legitimate concerns of a disillusioned public. When institutions refuse to engage with dissenting voices, they deepen mistrust and fracture the shared foundation necessary for democratic discourse. While RFK, Jr.’s message has resonated across political boundaries, the media’s inability to address core issues—like regulatory failures—reveals just how out of touch they’ve become.

    The Art of Missing the Point

    Consider this fact-check from the same article: The Times attempts to discredit Kennedy’s Fruit Loops example, but inadvertently confirms his central point: ingredients banned in European markets are indeed permitted in American products. By focusing on semantic precision instead of the broader issue—why US regulators allow unsafe ingredients—the media deflects from substantive debates.

    Senator Elizabeth Warren declared this week: “RFK Jr. poses a danger to public health, scientific research, medicine, and health care coverage for millions. He wants to stop parents from protecting their babies from measles and his ideas would welcome the return of polio.” Yet this alarmist framing dodges the simple question Kennedy actually raises: Why wouldn’t you want proper safety testing for chemicals we’re expected to inject into our children’s bodies? The silence in response to this basic inquiry speaks volumes about institutional priorities—and their fear of someone with the power to demand answers.

    A Referendum on Manufacturing Consent

    Say what you want about Trump, but his “fake news” remarks struck a chord that resonates deeper with each passing day. People who once scoffed at these claims are now watching with eyes wide open as coordinated narratives unfold across media platforms. The gaslighting has become too obvious to ignore. As I explored in We Didn’t Change, The Democratic Party Did, this awakening transcends traditional political boundaries. Americans across the spectrum are tired of being told not to believe their own eyes, whether it’s about pandemic policies, economic realities, or the suppression of dissenting voices.

    “The party told you to reject the evidence of your eyes and ears. 

    It was their final, most essential command.”

    George Orwell, 1984

    The Moment of Truth

    With Kennedy potentially overseeing America’s health infrastructure, media institutions face a crucial inflection point. Fear campaigns and ad hominem attacks won’t suffice when his policy positions require serious examination. The machinery of coordinated dismissal—visible in identical talking points across networks—reveals more about institutional allegiance than journalistic integrity.

    This moment demands something different. When Kennedy raises questions about pharmaceutical safety testing or environmental toxins—issues that resonate with families across political lines—substantive debate must replace reflexive ridicule. His actual positions, heard directly rather than through media filters, often align with common-sense concerns about corporate influence on public health policy.

    This institutional pattern of manufactured authority connects directly to themes I explored in Fiat Everything earlier this week—systems built on decree rather than demonstrated value. They don’t sell weapons—they sell fear. The same forces that control monetary policy now seek to dictate public health discourse.

    Breaking the Machine

    The solution won’t come from institutional gatekeepers (that’s what got us here) but direct examination. We all need to:

    • Listen to Kennedy’s complete speeches rather than edited soundbites

    • Read his policy positions rather than media characterizations

    • Examine the evidence he cites rather than fact-checker summaries

    • Consider why certain questions about public health policy are deemed off-limits

    I’m not suggesting we accept every contrarian position, but rather that institutional credibility must be earned through rigorous analysis rather than assumed through authority. Until then, coverage like these recent Times pieces will continue to exemplify the very institutional failures that fuel the movements they seek to discredit. As Kennedy approaches real institutional power, expect these attacks to intensify—a clear signal of just how much the guardians of our manufactured consensus have to lose.

    Republished from the author’s Substack

    Tyler Durden
    Fri, 01/03/2025 – 21:20

  • Why Property Tax Is Illegal
    Why Property Tax Is Illegal

    Submitted by Mitch Vexler, President G.P. of Mockingbird Properties

    “I sincerely believe that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale” Thomas Jefferson, 1816

    “They who can give up essential Liberty to obtain a little temporary Safety, deserve neither Liberty nor Safety” – Benjamin Franklin

    Issue #1

    One can argue the 16th Amendment going back to 1913 and we are prepared to do so.  The quantified evidence that we have assembled over several years of lawsuits points to exactly why the law as originally written prohibits taxation on unrealized gains. “Market value” as created by the States from which an Assessed Taxable Value is denoted, is in fact an unrealized gain. 

    Although perhaps well intentioned in its debut, property tax has been made illegal because there are no longer any enforced laws protecting the rights of the real estate taxpaying Citizens.

    Let us hold the following to be true:

    1. There are 3,143 Counties in the United States and the vast majority of them under State Law require Uniform Standards of Professional Appraisal Practice (USPAP) and Mass Appraisal Standards.

    2. USPAP is rendered meaningless as it is not followed in favor of hand overwriting property values outside the confines of any law or proper appraisal method.

    3. An Implicit guarantee, as claimed by the Taxing Entities (for example, School District Bonds), for which there is no signature, is not implicit. 

    4. Contracts made under duress are unenforceable; “voluntary consent” requires adequate information, lack of coercion, force, manipulation, or intimidation, and the freedom to revoke consent at any time.

    5. If Fraud is discovered, contracts are void.

    6. States and Central Appraisal Districts across the U.S. have violated USPAP, which in many States is a 3rd degree felony for those who signed an Oath of Office.

    7. States and Central Appraisal Districts across the U.S. have violated Mass Appraisal Standards (USPAP Standards 5 & 6).

    8. Many school districts refuse to make public their bond schedules, balance sheet with proper notes, and a sources and uses schedule of the bond proceeds.  We have discovered a compound cumulative effect of not retiring the bond debt but rolling it out and rolling the interest rate up.

    9. States and Central Appraisal Districts have violated State Property Tax Codes, for example, in Texas sections 23.01(b) & 23.01(e) to identify a few. (not all inclusive)

    10. States, Taxing Entities (school districts, cities, counties, special districts, etc.), Central Appraisal Districts across the U.S. have violated State Constitutions – Uniform and Equal (Texas) – Board of Equalization in California.

    11. Real Estate Taxpayers (Single Family, Multifamily, Commercial, Land Owners) have had their rights to due process under the 5th and 14th Amendments violated as the recourse to prohibit the equity stripping and theft of taxpayer money has been rendered impossible by the intentional layering of gauntlets such as the Appraisal Review Panels which are comprised mostly of senior citizens who know nothing about appraisal law (USPAP and property tax code) or math.

    12. “Pay your taxes or we will take your house” (We have testimony & audio evidence.)

    13. “Go get a second job to pay your taxes” (We have testimony & audio evidence.)

    14. “We took 60,000 properties out of the database, manipulated them in excel and put them back” Chief Appraiser, Denton Central Appraisal District, County Texas. (We have this recording.)

    15. We calculated that in the last 5 years, roughly $21.2 Trillion of fraudulent property valuation (roughly double in the last 5 years alone) has been created, which resulted in roughly $450 Billion in over taxation paid by Mom and Pop in 2024.

    16. As seen in the graphic below, each homeowner in the U.S. owes roughly $1.3 million of U.S. National Debt, Unfunded Liabilities plus Local Taxing Entity Debt, which if amortized over 25 years at 6.25% would require that your income increase by $9,000 per month immediately which is not possible to pay off. (wording)

    17. The above violates the U.S. Constitution 1st, 5th, 14th, and 16th Amendments.

    18. The above equates to State and Federal RICO crimes throughout the majority of States.

    19. The U.S. Constitution trumps State Law under the Supremacy Clause which exists to prohibit a State from violating its own Constitution.

    If property valuation were true, requiring a willing buyer and willing seller neither under duress, and cash settled, then the maximum value assigned could only be what the house was built for or what the house was purchased for, until such time as the house is sold.

    The laws and violations thereof have morphed to the point where the cash grab of the local Taxing Entities (i.e. School Districts) have rendered meaningless all the protections in law that were established to protect the Citizen real estate taxpayers, and this has an extreme fraudulent inflation factor.  There are 8 elements of real estate tax in the milk that goes in your cappuccino.  Therefore real estate tax fraud on a mass scale effects every person who shops whether they realize it or not.  The more elements of tax, the higher the inflation, the higher the fraud.

    If those protections are going to be ignored (USPAP, State Property Tax Code, State Constitutions and U.S. Constitution), then the net result is the equity stripping of property taxpayers, such that if there is no law, then why pay real estate taxes.   In other words, either the law exists, or it doesn’t.  Equity Stripping is the compound cumulative effect of paying a fraudulently created overvaluation resulting in over taxation and this means that making money on the purchase of your home has a very low probability of success because the Taxing Entities took your profit by over taxation via the fraud.

    If those protections under the law are going to be adhered to, then those responsible for violating the laws must be held accountable.  The Taxing Entities (i.e. School Districts) are hiding the bond schedules from the public, which would show that the bonds are not being paid off and that the cumulative compounding of debt and interest is occurring.  Many school districts will need to be put into involuntary bankruptcy to unwind what debt can be unwound.  We have discovered that there are roughly 143,000,000 single family homes in the U.S. which are burdened by roughly $240,000 of school bond debt. 

    Either the law exists, your Honor, or it doesn’t.  Please state the obvious which is that the law exists, for the protection of the Citizens, and if not, which has clearly been proven, or we would not be in front of the Appellate Court, then eliminating property taxes in favor of a Uniform States Sales Tax (estimate approximately 15.6%) must be implemented to ensure the protections of the Citizens. Return the balance sheet to Mom and Pop, restore transparency by eliminating the real estate tax fraud, and make the playing field fair for all real estate taxpayers and reduce the fraudulently created inflation simultaneously.

    Issue #2

    Several well-known people on YouTube interviewed me and in one of those videos I asked… “Mr. Spencer (Chief Appraiser Denton County/Central Appraisal District), what is to stop you or any Chief Appraiser from raising the values in 2025 to infinity?” Given that the values are irrefutably created by hand outside any requirements in USPAP, Mass Appraisal Standards, State Property Tax Code, State Constitution and U.S. Constitution, the answer would be nothing.  We now have further proof of such a criminal position, which is the November 22, 2024 article that exposes the Montgomery County Assessor in Central Illinois wherein an attempted theft of an approximate 1,400% increase in real estate taxes for 2025 was on the table.  To be crystal clear, real estate valuation that adheres to the law is based on quantified analysis of true comparisons, not meeting pre-determined budgets handed to the Chief Appraisers by the Taxing Entities, where many of those Taxing Entities are bankrupt. So, to keep the illusion going is just burning money and is not going to the benefit of students (lower test scores, lower enrollment, closing schools) but rather intended to protect the pensions.  It is a form of a second social security. 

    Are the homeowners responsible for the actions of the School District?   NO!

    Real Estate Taxpayers have been dupped by omission.  When bonds are raised by the school districts, big money is spent in advertising to pull the wool over the eyes of the trusting public, to the point where now roughly 30% of the households will go bankrupt or lose the roof over their head, because of the cash grab at the hands of the Central Appraisal Districts and their owners, the Taxing Entities (i.e. school districts).

    Even when ordered by the State Attorney General to turn over the Bond Schedule, we have yet to see a single bond schedule, balance sheet with proper notes, and a sources and uses, which is what should be required as part of the process of raising bond money.  The appropriate solution, for this intentional omission and pattern and practice to deceive, is to file the School Districts into involuntary bankruptcy and then sue each person who signed an Oath and hold the attorneys responsible (officers of the court) for violating taxpayers’ rights under both Federal and State Constitutions, as well as pressing criminal charges and disbarment.  The main point being… put the school districts into bankruptcy.  At the State level the equity stripping of Mom and Pop has now herein been laid bare. 

    If you think the above is bad, but wait, there is more!

    Who purchased the school bonds? Could it be 401Ks and Pensions?  Who owns the 401Ks and Pensions?  Mom and Pop.   What due diligence was done by the purchasers of the school bonds to determine the true value and value at risk?  

    A school district in Texas with an alleged balance sheet of $8 million has effectively bankrolled the private development of two 2,000-acre solar fields, via 313 Agreements promoted by the State Comptroller.  Are the taxpayers obligated to pay for this fraud on the public, where there is no guaranteed return on investment or guaranteed return of investment?   NO!

    Did the real estate taxpaying citizens agree to fund the non-reduction of bond debt which is intentionally hidden from the public such that even the State of Texas does not know how much debt is being retired but does know that six to twelve billion is being raised every six months?  NO!

    These problems are not just Texas specific but are across the vast majority of the U.S. because USPAP (the law) is being ignored in favor of unfettered theft of taxpayer money.

    Issue #3 – Average Annual Housing Expenses vs Debt (Federal and Local Taxing Entities)

    The U.S. Bureau of Labor Statistics reports that the average annual household expenditures were $77,280 (or $6640/month) in 2023, with the largest share going toward housing costs, with property taxes being a significant portion of the cost of housing.  Others have crunched the numbers and have shown that for a family of four the average monthly expenditures are between $8450 and $9817, or $101,400 to $117,804 annually.

    So, if the average household needs to earn between $77,280 to $117,804 annually to cover a monthly living cost between $6640 and $9817, how can households also cover an additional $9000/month or $108,000 per year in “implicit debt guarantees” resulting from the excessive debt existing at the Local & Federal levels.

    The household median income for 2023 was reported at $80,610 by census.gov. So clearly, if their cost of living was $77,280 as stated by the USLBS, they are not saving much (maybe $3000 a year), nor can they cover the implicit debt guarantee of $9000 PER MONTH.

    The chart below shows the math behind the $9000 per month of the Local and Federal debt burden, implicit guarantee, using Denton County Texas households as the example population group.

    Issue #4

    The 16th Amendment to the U.S. Constitution does not provide for, nor state, that all land is owned by the Federal Government.  In fact, the war of 1812 was fought to prohibit this exact action.   Real Estate Property Owners have been relegated to paying rent on the dirt below their asset, and yet there is no agreed to ground lease with any State government as the Lessor and a property owner as the Lessee.   Can anyone show you or me where the Taxing Entities are the ground Lessor in any Taxing County in the United States such as the Lands of His Majesty King Kamehameha III in Hawaii which date back to 1848?   NO!   

    Given the above and given the testimony from across the U.S. that is coming to our office daily, it is clear that Mom and Pop are being taxed out of their homes.  What was once the balance sheet of Mom and Pop being a home with a declining debt balance to eventually zero, is no longer possible, making retirement for many impossible.  The current situation, including a Military Veteran in Ohio, named Bob, who is 85 years old, on fixed income who bought his home for $24,000, is now being commanded to pay $3,100 in property tax which is money he does not have.  What is the benefit to moving this man to senior care that he does not need or want on the dime of the real estate taxpayer at an approximate cost of $80,000 per year??   We have quantified that roughly 72% of the single-family homeowners cannot afford what the Central Appraisal Districts claim as the median value of a home which proves the fraud on its face.  The system has become so irretrievably corrupt, that the only solution is the elimination of property taxes in favor of a Uniform States Sales Tax.  The balance sheet of home ownership (Mom and Pop being the economic engine of the U.S.) must be reinstated so that when the property is sold, a potential profit is achievable for purposes of retirement and not to force people out of their homes (MF and Single Family) because they can’t afford the fraudulent induced real estate taxes.  If not, the system of fraud has effectively bankrupted the vast majority of its Citizens as well as the Taxing Entities (by their own hand) such that the debt on the Federal and or Local level cannot be paid off.   It is time to put those responsible in jail.  The District Attorneys need to do their job and if they don’t, they are part of the problem.  State and Federal RICO laws are clear, and the map is the list I provided at the beginning of this discussion.  The evidence is at www.mockingbirdproperties.com/dcad.

    What can Mom and Pop do right now to help themselves?  Travis Spencer wrote a FREE Course available at  https://real-estate-mindset-homebuying-101.teachable.com/ to explain how to create true property comparisons to be used at an Appraisal Review Board meeting. 

    In addition to the webpage at www.mockingbirdproperties.com/dcad, we have a full library behind the wall designed for attorneys and accountants wishing to dig into the filings, articles and math models.  Please email me for the password.

    Resources to understand the depth of the problem:

    Tyler Durden
    Fri, 01/03/2025 – 20:55

  • John Wick Rolex Watch Stolen From Keanu Reeves' Hollywood Hills Home Recovered During Police Raid In Chile
    John Wick Rolex Watch Stolen From Keanu Reeves’ Hollywood Hills Home Recovered During Police Raid In Chile

    Authored by Audrey Enjoli via The Epoch Times (emphasis ours),

    Chilean authorities say they have recovered an engraved Rolex watch believed to have been stolen from actor Keanu Reeves’s Los Angeles home in December 2023.

    On Saturday, the Chilean Investigative Police (PDI) announced on X that detectives had seized various pieces of jewelry, valuable watches, and other stolen items in Peñalolén, a commune in Santiago, Chile.

    A watch belonging to a famous movie actor, the victim of a robbery in Los Angeles,” was among the more than a dozen watches recovered, police said.

    The Rolex Submariner, valued at over $9,000, according to the Swiss luxury brand’s website, features the engraved words “The John Wick Five. Keanu Thank You. JW4. 2021” on the back.

    Reeves, who played the titular character in the “John Wick” film franchise, gifted customized Rolex Submariner watches to the four stunt performers he worked with on “John Wick: Chapter 4,” which premiered in theaters in March 2023.

    According to CNN Chile, the PDI conducted raids on four homes in Peñalolén, recovering a total of three watches that belonged to the 60-year-old actor.

    There are two watches in particular that have the inscription referring to actor Keanu Reeves,” Hugo Haeger Bórquez, the deputy director of police and criminal investigation at the PDI, said during a press conference.

    “Along with our counterparts in the United States, through Interpol, it was determined that he was a victim of theft in his home in 2023 when he lost nearly $7 million.”

    Speaking to Chilean broadcaster TVN on Monday, PDI Inspector Marcelo Dibarrat said Chilean authorities are working with the Los Angeles Police Department to return Reeves’s stolen property to him.

    Officers with the PDI arrested a 21-year-old man during the Peñalolén raid, though his identity has not yet been released.

    Dibarrat told TVN that the suspect claimed at the time of his arrest that his brother had been the perpetrator of the theft of Reeves’s engraved watch.

    The Epoch Times contacted the Los Angeles Police Department and a representative for Reeves for comment but did not receive a response by publication time.

    String of Break-Ins

    Chilean authorities believe the stolen watches were taken from Reeves’s Hollywood Hills residence in the fall of 2023.

    At the time, a spokesperson for the Los Angeles Police Department told the Los Angeles Times that “suspects entered the property through the backyard and broke a rear window to gain access” on the evening of Dec. 6, 2023.

    The suspects, who wore ski masks, reportedly made off with jewelry and a firearm.

    Tyler Durden
    Fri, 01/03/2025 – 20:30

  • "TIME TO WAKE UP!": 'Cybertruck Bomber' Had Several Manifestos, Warned Of Drones Using 'Gravatic Propulsion'
    “TIME TO WAKE UP!”: ‘Cybertruck Bomber’ Had Several Manifestos, Warned Of Drones Using ‘Gravatic Propulsion’

    Update (2006ET):

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    *    *    *

    Update (1801ET):

    The details surrounding Cybertruck bomber Matthew Livelsberger continue to drip – with two ‘manifesto’ letters found in the Cybertruck itself, and another ‘manifesto’ he allegedly emailed to retired intelligence officer Sam Shoemate.

    In the letters found in the Cybertruck, Livelsberger described the USA as “terminally ill,” and said his actions were meant as a “wake-up call,” and not a terrorist attack.

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    The most intriguing, however, is an email allegedly sent to Shoemate – in warning that the “drones” seen around the United States over the last month are using “gravatic propulsion systems,” which only China and the United States possess.

    Shoemate shared the email on Shawn Ryan’s show, writing on X, “I knew taking this public would insert me into the “glowy boi” conspiracy cycle, especially since I’m an intelligence officer,” adding “I had no choice. Dude dumped it in my inbox. When I saw his name in the news, I had little choice but to hand it over to the feds. I knew the FBI wouldn’t release it, or at least without an agenda attached, so I took it to Shawn Ryan because he has the platform to handle the magnitude of this information and will do so as objectively as possible.”

    According to Livelsberger’s email:

    “China has been launching them from the Atlantic from submarines for years, but this activity recently has picked up. As of now, it is just a show of force and they are using it similar to how they used the blloon for a sigint and isr, which are also part of the integrated comms system,” he writes.

    …they are the most dangerous threat to national security that has ever existed. They basically have an unlimited payload  capacity and can park over the WH if they wanted. It’s checkmate.”

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    Meanwhile, Livelsberger was recorded at a Tesla charging station on the way to Las Vegas.

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    You can read the entire email below:

    “In case I do not make it to my decision point or on to the Mexico border I am sending this now. Please do not release this until 1JAN and keep my identity private until then.

    First off I am not under duress or hostile influence or control. My first car was a 2006 Black Ford Mustang V6 for verification.

    What we have been seeing with “drones” is the operational use of gravitic propulsion systems powered aircraft by most recently China in the east coast, but throughout history, the US. Only we and China have this capability. Our OPEN location for this activity in the box is below.

    China has been launching them from the Atlantic from submarines for years, but this activity recently has picked up. As of now, it is just a show of force and they are using it similar to how they used the balloon for sigint and isr, which are also part of the integrated comms system. There are dozens of those balloons in the air at any given time.

    The so what is because of the speed and stealth of these unmanned AC, they are the most dangerous threat to national security that has ever existed. They basically have an unlimited payload capacity and can park it over the WH if they wanted. It’s checkmate.

    US needs to give the history of this, how we are employing it and weaponizing it, how China is employing them and what the way forward is. China is poised to attack anywhere in the east coast

    I’ve been followed for over a week now from likely homeland or FBI, and they are looking to move on me and are unlikely going to let me cross into Mexico, but won’t because they know i am armed and I have a massive VBIED.

    I’ve been trying to maintain a very visible profile and have kept my phone and they are definitely digitally tracking me. I have knowledge of this program and also war crimes that were covered up during airstrikes in Nimruz province Afghanistan in 2019 by the admin, DoD, DEA and CIA.

    I conducted targeting for these strikes of over 125 buildings (65 were struck because of CIVCAS) that killed hundreds of civilians in a single day. USFORA continued strikes after spotting civilians on initial ISR, it was supposed to take 6 minutes and scramble all aircraft in CENTCOM. The UN basically called these war crimes, but the administration made them disappear.

    I was part of that cover-up with USFORA and Agent [redacted] of the DEA. So I don’t know if my abduction attempt is related to either. I worked with GEN Millers 10 staff on this as well as the response to Bala Murghab. AOB-S Commander at the time [redacted] can validate this.

    You need to elevate this to the media so we avoid a world war because this is a mutually assured destruction situation. For vetting my Linkedin is Matt Berg or Matthew Livelsberger, an active duty 18Z out of 1-10 my profile is public. I have an active TSSCI with UAP USAP access.”

    How glowing is all of this on a scale of 1-Chernobyl?

    *    *    *

    Clark County Sheriff Kevin McMahill told reporters on Thursday that the Cybertruck bomber, Matthew Livelsberger, a 37-year-old Green Beret, died by a self-inflicted gunshot wound to the head just moments before the detonation outside Trump’s hotel in Las Vegas. This sequence of events is based on the official statements from law enforcement. However, speculation on X, particularly among internet sleuths, has brought up alternative theories regarding the timing of Livelsberger’s death. 

    Rogan O’Handley, aka “DC Draino” on X, floated two scenarios about Livelsberger’s final moments:

    Now that we know the Vegas suspect was found with a bullet in his head, I see 2 possible scenarios:

    1. He shot himself – he was planning to commit suicide & didn’t want to risk being burned alive

    2. He was shot by someone else & the Tesla was auto-pilot navigated to the Trump hotel

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    “A long fuse could’ve been lit, a timer could have been set, or the bomb could have been remotely detonated I wonder if anyone in the vicinity heard a gunshot That would help confirm where the car was when he was shot,” O’Handley wrote in another post. 

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    Tesla’s Elon Musk quickly dismissed the second scenario, stating, “Autopilot will not function unless it detects an attentive person in the driver’s seat.”

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    Tesla vehicles have a cabin camera that monitors driver attentiveness and provides audible alerts when FSD is engaged. The camera is mounted above the rearview mirror. 

    “Like other Autopilot features, Full Self-Driving requires that the driver pay attention to the road, their surroundings, and other road users,” Tesla wrote on its website under the “Driver Attentiveness” section of FSD. 

    Tesla said, “The cabin camera does not require full visibility of the driver’s eyes in order to monitor attentiveness. The system is still active, for example, if the driver is wearing sunglasses.” 

    “If the cabin camera does not have clear visibility of the driver’s hand and arm locations, Full Self-Driving periodically displays a message reminding the driver to apply slight force to the steering wheel,” Tesla continued. 

    It noted, “If the driver repeatedly ignore prompts to apply slight force to the steering wheel or to pay attention, Full Self-Driving displays a series of escalating warnings and, if those warnings are ignored, disables for the rest of the drive and displays the following message.” 

    What’s apparent from Tesla’s description of how FSD works suggests any scenario with Livelsberger shot in the head well before the bombing would be extraordinarily hard to trick the camera. 

    X users should call on Musk to release the cockpit camera footage and any other recordings from the high-tech EV truck to disprove O’Handley’s second scenario. Additionally, footage from charging stations could provide valuable insights into what happened leading up to the bombing. We’re sure the FBI is already doing this… 

    Tyler Durden
    Fri, 01/03/2025 – 20:06

  • Homeland Security Agents Charged With Selling Illegal Drugs Seized As Evidence
    Homeland Security Agents Charged With Selling Illegal Drugs Seized As Evidence

    Authored by Aldgra Fredly via The Epoch Times,

    A second Homeland Security agent has been charged with selling illegal drugs, taken from seized evidence, for hundreds of thousands of dollars through a confidential informant.

    Nicholas Kindle, a special agent in Utah tasked with investigating illegal narcotics trafficking, was arrested three weeks after his alleged co-conspirator, special agent David Cole. Both men face felony drug distribution conspiracy charges. Kindle faces an additional charge of conspiracy to convert U.S. government property for profit.

    Kindle was formally charged in an information document filed by the U.S. Attorney’s Office, which does not require grand jury approval to initiate criminal proceedings. Court records indicate that he has not yet been assigned an attorney.

    A magistrate judge on Jan. 3 set Kindle’s initial court appearance for Jan. 21 in Salt Lake City. If convicted, he faces a maximum penalty of 25 years in prison.

    Cole was indicted by a grand jury on Dec. 18 and has pleaded not guilty to his drug distribution conspiracy charge. He is due to stand trial the week of Feb. 24 and faces a maximum of 20 years if convicted.

    His attorney, Alexander Ramos, previously said that he was still trying to gather information about the case.

    The pair’s Homeland Security credentials have been suspended following the indictments but they have not been terminated, according to court documents.

    Synthetic bath salts, also known as Alpha-PHP, are controlled substances with effects comparable to methamphetamine and cocaine. Abuse of the drug can result in adverse effects, including vomiting, paranoia, hypertension, seizures, or even death, according to U.S. authorities.

    Federal prosecutors stated that Cole and Kindle began acquiring the drugs from HSI evidence in 2021 and sold them to a confidential informant from 2022 to 2024.

    The defendants allegedly allowed the informant to resell the drugs and the buyers were never investigated or arrested, according to court documents.

    The transactions typically involved one ounce, or 28 grams, of bath salts for $5,000 that would then be sold by the informant at a higher cost, according to an FBI affidavit filed in December 2024.

    According to the FBI affidavit, investigators seized more than $67,000 in cash and bath salts during raids on the defendants’ residences, government vehicles, work cubicles, and a safety deposit box. The FBI did not disclose the amount of bath salts allegedly seized.

    The FBI said the scheme brought in between $195,000 and $300,000.

    The investigation began in October 2024 after the informant’s lawyer reported the illegal drug sales to the U.S. attorney in Utah. The informant was recruited by the agents while in prison to conduct controlled buys from drug dealers upon his release. However, the informant said he was compelled by the two agents to also engage in illegal sales, the affidavit said.

    “A drug dealer who carries a badge is still a drug dealer – and one who has violated an oath to uphold the law and protect the public,” Principal Deputy Assistant Attorney General Nicole M. Argentieri, head of the DOJ’s Criminal Division, said in a Dec. 18 statement.

    Tyler Durden
    Fri, 01/03/2025 – 20:05

  • What Americans Expect From The New Trump Era
    What Americans Expect From The New Trump Era

    Gallup conducted a survey on what Americans think the Trump administration will accomplish over the next four years.

    It found that nearly seven in ten respondents (68 percent) said that the incoming administration will control immigration. However, as Statista’s Anna Fleck reports, respondents were least likely to say that Trump would be able to heal political divisions in the country (33 percent said his administration would be able to).

    Around six in ten respondents thought that Trump will reduce unemployment, keep the country safe from terrorism and improve the economy.

    Just over half (54 percent) think he will cut U.S. taxes and (51 percent) reduce the crime rate. Meanwhile, only around a third (35 percent) of respondents said that the Trump administration will be able to improve the quality of the environment.

    A majority of respondents also said he will not be able to improve race relations, improve education, substantially reduce the federal budget deficit, improve conditions for minorities and the poor or reduce the prices of groceries and other items.

    As the chart below shows, a similar set of questions was asked to U.S. voters in 2016 about their expectations the first time Trump was in office.

    Infographic: What Americans Expect From the New Trump Era | Statista

    You will find more infographics at Statista

    Between the two survey waves, the biggest change was in response to the question of whether the government would keep the nation out of war (17 p.p. increase).

    While the population answered far more favorably this time round, only just over half of respondents (55 percent) consider this to be the case now.

    The biggest drop in optimism was over whether Trump would be able to improve the healthcare system. Where 52 percent of respondents had thought he could in 2016, only 40 percent thought the same in 2024 (-12 p.p.).

    Tyler Durden
    Fri, 01/03/2025 – 19:40

  • How Crypto Laws Are Changing Across The World In 2025
    How Crypto Laws Are Changing Across The World In 2025

    Authored by Yohan Yun via CoinTelegraph.com,

    Everything looks set to change for crypto regulation and legislation in the United States in 2025.

    Token Alliance co-chair Paul Atkins has been nominated to replace crypto antagonist Gary Gensler as chair of the Securities and Exchange Commission (SEC), signaling a major shift in how crypto is regulated in the United States. 

    Gensler’s tenure, though instrumental in laying regulatory groundwork and case laws, drew heavy criticism for its reliance on enforcement-driven regulation.

    Across the Atlantic, the European Union has implemented the first of its kind Markets in Crypto Assets (MiCA) regulation to oversee the crypto industry. While praised for its ambition, MiCA’s stringent rules are driving some businesses out of the region, adding to debates over the regulatory burden on digital markets. Meanwhile, Asia continues to integrate crypto into its legal systems, with significant cases setting local precedents.

    To unpack the most important legal developments of 2024 and forecast what’s next, Magazine spoke with legal experts Catherine Smirnova and Yuriy Brisov of Digital & Analogue Partners in Europe, Joshua Chu of the Hong Kong Web3 Association, and Charlyn Ho of Rikka Group in the US.

    The discussion has been edited for clarity and brevity.

    Magazine: How will crypto law in the US change under the new administration?

    Brisov: The Biden administration did a lot to prepare the legal frameworks for crypto assets. I’m sure that the proceeds of this preparation will help the next administration.

    Willingly or not, the SEC helped shape the surface of crypto regulation so far. Common law countries are usually based on case law. We usually regulate when we have a sufficient amount of case law, and now is the time. 

    A 1946 case stands as the basis for modern-day digital assets. (Alvaro Carriho)

    Today, both Republicans and Democrats agree that crypto legislative reform is needed in the US. We still base crypto decisions on the orange groves in California in 1946, or the Howey case. 

    Ho: The stepping down of Gensler and the nomination of Atkins to head the SEC is going to create a lot of change in the way that the crypto industry is regulated. When I say regulated, I don’t think that we will have an overarching regulatory regime in the next year. In fact, I would hazard a guess, Trump and Atkins are probably opposed to creating new regulations, but rather increasing the clarity as to where the crypto industry can operate. 

    Gensler was criticized for taking an overly aggressive approach where he was stepping outside of the SEC’s congressional mandate and essentially making up powers and exercising what it did not have constitutionally. The change we’ll see is hopefully a decrease in such regulation by enforcement and perhaps more of a proactive, business-friendly, crypto-friendly approach taken by the agency as opposed to more of an antagonistic one. 

     

    Magazine: What changes can we expect at the SEC with Atkins stepping in as chair, and how much influence will he have on ongoing legal matters?

    Ho: From all accounts, Atkins’s background is very pro-business. He was an SEC commissioner previously so there is some history in how he would approach this role. 

    Paul Atkins has been selected to lead the SEC after Gensler’s resignation. (SEC)

    That being said, there is a precedent set by Gensler for him to follow. Just because a new [chair] is named doesn’t mean that all the legal work product that has come out previously is just gone. Let’s hypothetically say there’s a lawsuit pending—and there are many. If Atkins wants to change the SEC’s position, he wouldn’t just be able to declare it. They would have to go through the legal process and have some justification in order to alter their claims. If they’re the plaintiff, they could just drop the lawsuit entirely. But the commissioner doesn’t have unfettered discretion to completely change everything that’s in process. 

    Magazine: How are businesses in the EU responding to the implementation of MiCA and other digital regulations?

    Smirnova: This year, what I call the Mario Draghi report said that our digital policy is not as good as we expected as a lot of potential unicorns are moving to the US. We believed that ex ante and clear regulation from early on will give transparency, but no—businesses treat it as a regulatory burden. 

    MiCA, of course, which is the first [crypto] regulation in the world covering all the fields, trying to make this market more transparent and clear to all participants. Now we have regulation which is more strict and doesn’t require any additional actions from national jurisdictions. 

    Next year, we’ll see if we still have a crypto market in the EU or if the regulatory burden will drive them out. We’re also expecting additional protection for digital consumers, through the Digital Fairness Act. What we’re witnessing now is that digital assets markets are regulated more by regulations that aren’t specially crafted for them. We have E-commerce Directive, DMA, DSA and GDPR. The proposal [for the Digital Fairness Act] was published already and released by the European Commission for comments, and we expect it will come into effect next year. It will be a high burden of pressure on digital business in the EU.

    Italy’s former prime minister’s 2024 report presents a reality check for the future of European competitiveness. (European Commission)

    Chu: You need three things: legislation, enforcement action, and ultimately those two to be tested before the court of law; before you can really say that the regulatory regime in any particular jurisdiction is maturing. 

    Using GDPR as context, when it came out, it rocked a lot of boats. The clarity on what to do only came about when the enforcement and fines started raining down.

    Magazine: And are there crypto cases that have been tested in Hong Kong’s court of law?

    Chu: In Hong Kong, we have seen this year legislative cases that are now being tested in court. So we have quite a few landmark decisions in Hong Kong, including the first case against JPEX. We will likely see more developments of that fraud case coming in the next year. 

    We have also seen cases against decentralized autonomous organizations (DAOs). So we’re seeing how private parties, as well as regulators are catching up in terms of tackling these new entities.

    Magazine: How can Hong Kong fulfill its crypto hub ambitions with only a few licensed exchanges?

    Chu: Do you really need that many exchanges floating around? If we look at it in the more traditional sense of a stock exchange, there’s one stock exchange. Why do we suddenly need three exchanges trading the same ten tokens aside from maybe arbitrage environments? 

    Being a hub is great and having choices is great. But similar to virtual banks, there will be batches being rolled out. The last thing you want to do is create way too many competing exchanges and then it gets nowhere. It also spreads regulatory oversight quite thin as a result. 

    Hong Kong has one of the more stringent regulatory regimes. You can’t even have options or derivatives. So people are wondering why are you buying it if it’s just on spot and you’re holding it. There are lots of issues that need to be ironed out.

    Magazine: What are some legal developments that are generally being overlooked by crypto industry participants?

    Smirnova: First, the Digital Markets Act and the Digital Services Act came into effect and a lot of tech companies just left the EU. 

    Number two, the EU AI Act was adopted in and it affects all jurisdictions. It’s expected to have the same effect as the GDPR. If you provide AI related services in the EU, this act is applicable to your business. It doesn’t matter where you are incorporated. 

    EU AI Act expected to have a GDPR-like effect on companies on all jurisdictions. (Sanket Mishra)

    Now, digital companies need to worry about competition, transparency, privacy, AI and about consumer welfare.

    Ho: I was keen on some of the AI agents and AI token developments. I think that is a huge development in 2024. We’re only going to see more of that in the future, especially with Coinbase’s AI agent transactions. To me, that’s just a little crazy. I find that pretty novel and legally very gray in terms of liability

    I would say we probably won’t see much legislation, but there may be court cases that shed light on liability allocation. The reason I say that I don’t foresee a lot of legislation is because for many years, the crypto industry has been without an overarching legislative regime in the US. We don’t have a MiCA equivalent here. That’s kind of why the current SEC has been enforcing the way it has. They are essentially operating and interpreting laws that are many years old and that were never kind of contemplating crypto in mind. So to think that we would have AI-crypto legislation, I think is kind of a tall order. 

    AI agents started to own their own crypto wallets in 2024. (Ethermage)

    One of the other big things that happen is the overturning of the Chevron deference doctrine. The Supreme Court basically overturned this doctrine that’s been in place for quite some time that essentially granted or required deference to an agency’s interpretation of a rule.

    That’s important because in this particular instance with crypto, that means that the courts don’t need to defer to the agency’s interpretation. Gensler’s interpretation or his commission’s interpretation was certainly very limited in crypto industries’ ability to operate. If the courts no longer have to defer to that interpretation, the logical thought would be that the crypto industry would have more freedom to operate.

    Brisov: A big development for next year I expect is the understanding of crypto assets. In common law, we have two types of assets. We call them chosen in possession and chosen in action, which are basically tangible and intangible things. Possession is your iPhone, your apartment, or your car. Things in action are like securities, dept, or intellectual property. 

    If we take NFTs, for instance, they used to be treated as just some form of tangible assets, though they are literally intangible. Therefore they couldn’t be security. But now, the SEC has started to investigate OpenSea. They claim that NFTs can also be securities. 

    Legal classification of digital assets advances. (Jonathan Borba)

    In the UK, there is a bill that offers the third dimension of assets which is not chosen possession, not chosen action, but a third category of assets: a digital thing, or digital asset. Through the case law in the US and in the UK, I think that legislation is also upcoming. This specific digital asset will form a new type of asset in the legal domain. That will be a huge trend that will be moving forward through upcoming years.

    Tyler Durden
    Fri, 01/03/2025 – 19:15

  • Bipartisan "Online Dating Safety Act" Seeks To Combat $1 Billion In Annual App Scams
    Bipartisan “Online Dating Safety Act” Seeks To Combat $1 Billion In Annual App Scams

    The government is considering putting a law into place that helps stop online dating scammers. 

    Sharing the story of a 66 year old woman who had “saved more than $2 million for her retirement and hoped to travel the world” and then lost all of it to someone she met on Match.com, CBS wrote this week that two lawmakers have introduced the Online Dating Safety Act.

    She met a man on Match.com claiming to be a UK private equity investor named Santos. After weeks of romance, he asked her for $40,000 to renew a professional license.

    “I was in a position, I could help a person. Why not? I never thought he was stealing or scamming. There was no reason,” the woman told CBS. From there, Sue faced relentless lies, deception, and emotional abuse that ultimately cost her $2 million in savings, according to CBS.

    She told her story to CBS: “Because I don’t want anyone to go through the hell that I’ve gone through. I don’t want anybody to be in the hell hole that I dug with the help of a criminal.”

    Romance scams cost over 64,000 Americans more than $1 billion last year, double the $500 million reported four years ago, per the FTC. Nearly half of dating site users report encountering scammers, prompting bipartisan concerns from lawmakers, the article says. 

    Reps. Brittany Pettersen (D-CO) and David Valadao (R-CA) introduced the Online Dating Safety Act, which would require apps like Match.com to alert users if they’ve interacted with a scam account.

    Valadao said: “No matter how advanced you think your ability to understand what’s out there, they’re gonna deceive so many people and we really have to get in front of this.”

    The bill passed the House but stalled in the Senate, with plans to reintroduce it next Congress. CBS writes that Match Group stated they’ve started implementing fraud notifications and will work with lawmakers to finalize the bill.

    Tyler Durden
    Fri, 01/03/2025 – 18:50

  • America Won't Fall For Multi-State 'Quad-demic' Mask-Mandates
    America Won’t Fall For Multi-State ‘Quad-demic’ Mask-Mandates

    Authored by Julianna Frieman via Headline USA,

    Some states reinstated mask mandates as so-called health “experts” claim holiday social gatherings have caused an increase in four different types of viral infections, the Daily Mail reported on Thursday.

    The “quad-demic” consists of a surge in infections caused by the flu, COVID-19, the respiratory illness RSV and norovirus, commonly called the stomach flu, according to the outlet.

    Headlines about the quadruple threat emerged just weeks before President-elect Donald Trump takes office, fresh after talk about the risk of bird flu fell flat.

    https://platform.twitter.com/widgets.js

    Aurora Health Care, a hospital in Wisconsin, announced that starting on Jan. 6, visitors will be required to mask up “when in contact with patients or in congregate areas, including patient rooms and others areas designated by signage,” WLUK reported.

    Several counties in California, including Alameda, Contra Costa, Napa, San Francisco, San Mateo and Santa Clara counties, along with the City of Berkeley, enacted mask mandates first effective in November until March 31, 2025.

    In some counties, the order only applies to medical workers—but stricter counties extent their mandate to visitors or residents, CBS News reported.

    https://platform.twitter.com/widgets.js

    Multiple hospitals in Illinois, Indiana and New Jersey have also implemented mask mandates, which were proven not to stop infection during the COVID-19 pandemic, under the guise of protecting people against the reported winter surge of diseases, various reports said.

    In New York, government officials including Gov. Kathy Hochul and New York City Mayor Eric Adams also reportedly called for people to wear face masks on public transportation, NBC 4 New York reported in June.

    https://platform.twitter.com/widgets.js

    Dr. Joe Bresee, an infectious disease “expert” with two decades of Centers for Disease Control and Prevention experience, told the Daily Mail, “What we are seeing now is an increasing amount of respiratory disease and norovirus that is really all over the U.S.”

    Social media users were skeptical of mask mandates resulting from what some called the “quad-demic.” One X user questioned if reports were “more fear-mongering,” while others warned as early as Dec. 2024 that the apparent attempt to return to COVID-19 “utter deception and evil” would not be welcomed.

    https://platform.twitter.com/widgets.js

    https://platform.twitter.com/widgets.js

    X user @NoNonsense2 pointed out that the rise of the “quad-demic” began just weeks before Trump’s second term.

    https://platform.twitter.com/widgets.js

    https://platform.twitter.com/widgets.js

    Popular podcaster Dan Bongino slammed the Daily Mail’s report by saying, “Absolutely incredible how little public health officials have learned from betraying us during COVID. Mask stupidity is peak human ignorance.”

    Tyler Durden
    Fri, 01/03/2025 – 18:25

  • 16 Years After Bitcoin's 'Birth', Mining Difficulty Hits A New Record High
    16 Years After Bitcoin’s ‘Birth’, Mining Difficulty Hits A New Record High

    It’s Bitcoin’s birthday: The very first Bitcoin block was mined 16 years ago today.

    Bitcoin’s first block was mined on January 3, 2009.

    Known as the “Genesis Block,” Decrypt reports that Bitcoin’s pseudonymous creator Satoshi Nakamoto minted 50 BTC into existence with the move. 

    Since then, 877,665 blocks have been mined and added to the network’s long ledger. On a blockchain, blocks contain data on transactions.

    Only miners can add data to the network, and the difficulty level helps prevent unauthorized additions or edits to the chain, as it would take an incredible amount of computational power to take over the network.

    And the network is stronger than ever, with mining difficulty reaching a new all-time high mark as the biggest cryptocurrency rides into the new year.

    As CoinTelegraph’s Alex O’Donnell reports, Bitcoin’s hashrate – the total computing power securing the Bitcoin network – reached a new all-time high on Jan. 3 of over 1,000 exahashes per second (EH/s), according to data from CoinWarz. 

    Source: CoinWarz

    That is nearly double the network’s hashrate 12 months ago. According to CoinWarz, Bitcoin’s hashrate hovered around 510 EH/s in January 2024. At the time of this article’s publication, Bitcoin’s hashrate had retraced to approximately 780 EH/s. 

    The network’s rising hashrate indicates Bitcoin miners are devoting more computational resources to the blockchain, thus improving the network’s security. 

    Miners are continuing to expand production even after Bitcoin’s April halving reduced mining rewards from 6.25 BTC to 3.125 BTC per block.

    Source: CoinWarz

    Overcoming headwinds

    In 2024, Bitcoin’s strong performance partially offset headwinds from the halving, especially for cash-heavy mining companies like Riot Platforms and CleanSpark.

    Mining firms “acquired other miners with turn-key facilities to increase near-term hashrate and increase their power pipeline,” JPMorgan said in a Dec. 10 research note shared with Cointelegraph

    Miners have also prioritized accumulating BTC on balance sheets. In December, JPMorgan raised price targets for four Bitcoin mining stocks to reflect value from the miners’ electrical power assets and BTC holdings, JPMorgan said.

    JPMorgan cited the stock performance of MicroStrategy, a software company turned de facto Bitcoin fund, which traded at a roughly 2.4x multiple to the value of its BTC treasury as of Dec. 10.

    Bitcoin miners, including Marathon, Riot and CleanSpark, hold BTC treasuries worth approximately $4.4 billion, $1.7 billion and $910 million, respectively, according to the BitcoinTreasuries.net data service.

    Source: Bitcointreasuries.net

    Institutional inflows

    Bitcoin’s rising hashrate — and the resultant improvement in network security — is especially important as institutional investors pour capital into BTC exchange-traded funds and other regulated cryptocurrency investment vehicles.

    In November, Bitcoin ETFs broke $100 billion in net assets for the first time, according to data from Bloomberg Intelligence.

    Asset manager Sygnum expects this dynamic to accelerate in 2025 as large institutional investors, including sovereign wealth funds, endowments, and pension funds, add Bitcoin allocations.

    “With improving US regulatory clarity and the potential for Bitcoin to be recognized as a central bank reserve asset, 2025 could mark steep acceleration for institutional participation in crypto assets,” Martin Burgherr, Sygnum’s chief clients officer, said in a statement.

    However, BlackRock’s iShares Bitcoin Trust (IBIT) spot Bitcoin exchange-traded fund (ETF) just saw record-high outflows on Jan. 2.

    Isaac Joshua – the CEO of token launch platform Gems – also told Decrypt yesterday that the recent downturn “can largely be attributed to end-of-year tax-loss harvesting by investors,” he explained.

    Founder of Obchakevich Research Alex Obchakevich told Decrypt that “the main reason for the outflow is profit-taking by investors in early 2025.”

    “At the end of the year, investors and funds often review their investment portfolios, which can lead to the sale of some shares,” he explained.

    Though, bear in mind, IBIT surpassed $50 billion in assets under management just 228 days after its launch – more than five times faster than any other ETF in history.

    Tyler Durden
    Fri, 01/03/2025 – 18:00

  • Doug Casey's Top Prediction For 2025
    Doug Casey’s Top Prediction For 2025

    Via InternationalMan.com,

    International Man: Looking at the intersection of finance, economics, politics, and culture, what is your most significant prediction for 2025?

    What major event or trend should people prepare for that most are currently overlooking?

    Doug Casey: The trends that appeared, seemingly against all odds, in 2024 are going to accelerate.

    The climate changed with the election of Trump. That was emblematic, but similar things are happening in other countries. The conservative/libertarian AfD will likely oust the current German government, which resembles that of the old East Germany. Castro’s son will be dethroned in Canada. And almost everywhere, even the media, has come to recognize that the Milei revolution in Argentina is succeeding.

    It’s becoming apparent that progressivism and wokeism are morbid. White males are less afraid of committing thought crimes, being canceled, or being labeled racist or sexist. DEI, ESG, and Woke values are retreating. These trends will grow, even while leftists, statists, and socialists pull out all the stops to resist them.

    It’s funny that the WEF and their ilk still talk about 2030 as being a magic year because the change in the trend that started in 2024 runs counter to everything that the WEF and the progressives were aiming for in 2030.

    I’m surprised—and very pleased—to see what looks like a cultural sea change. But we’re still on the cusp of a giant financial crisis. If the markets melt down, the kaleidoscope could reset mass psychology radically. The fundamentals remain very shaky. The climate and CO2 hysterias are ingrained in the public psyche. And there’s an excellent chance the usual suspects will try to ramp up another vaccine hysteria. A bird flu seems to be on the dance card for 2025.

    International Man: You’ve spoken about societal decline in the past. Do you see any path toward reversing this trend in 2025, or is societal breakdown inevitable?

    What do you think happens next?

    Doug Casey: Trends in motion tend to stay in motion until they reach a crisis and a new trend emerges.

    Fortunately, technology continues to advance at an accelerating rate, and that’s crucial. Throughout history, innovation has changed the nature of life much more than politics, personalities, or even war.

    Roughly five thousand years of recorded history show the trend is up, exponentially. That’s why I’m essentially an optimist. But one who recognizes that humanity suffers from occasional bouts of evil and stupidity. Time is on humanity’s side, although that can be an academic observation from the point of view of your own short lifetime.

    On the pessimistic side, about 50% of the population in Western societies have been transformed into parasites, collecting much more from the government than they contribute to society. That’s a big deal because almost all progress has come from the West.

    Europeans, especially, have become ingrained with bad habits and values. We’re undergoing another stage of the Industrial Revolution that started about the year 1800. It’s destroying lots of old jobs—mostly a good riddance—which will upset the people whose rice bowls are broken. But things will be fine, as long as enough of the middle class survives. The plebs and the “elite” will survive (because they’re basically parasites), but the middle class is the source of production and vitality in any modern society.

    Unfortunately, society has retrogressed over the last few generations. But perhaps a counterrevolution has started. The remaining middle class wants to eliminate the parasites. I’d like to believe that the current technological expansion will aid in that and lead to another boom—not just a financial boom, but an economic boom featuring vastly more production at vastly lower costs.

    In the short term, however, the Greater Depression will cause the average guy’s standard of living to drop. That’s the best case, even if society stops supporting parasites. Why? Because capital will be reallocated away from consumption and back to rebuilding wealth.

    The worst case is that the world continues to party on, with borrowed money. Then, we could have a hyperinflationary depression.

    Even though I think the Greater Depression will persist at least over the next decade, the long-term uptrend—which has been going on since the end of the last Ice Age—will continue and hopefully accelerate radically.

    So what happens next?

    The elite and the parasites still control the State, and that’s critical. The State still has legitimacy, but it’s not part of the cosmic firmament. Though it’s losing its legitimacy, people still view the institution the way children view their parents. Even though those who control the apparatus of the State act more like predators than parents. They will use it to their personal advantage.

    I expect promiscuous spending will continue under Trump, notwithstanding the best efforts of Elon, Vivek, and DOGE. That’s because if they don’t keep spending and creating money, the whole pyramid of debt that’s been built up over many decades will come crashing down.

    The US dollar, therefore, will continue being inflated. But at the same time, if the Trump administration deregulates radically, efficiency in manufacturing and production will improve radically. Despite lots more money being created, costs and retail prices could drop enough to disguise the effects of inflation.

    Despite the positive effects of deregulation, there will be lots of unemployed people as distortions in the economy are liquidated. The good news is that the economy, which is to say the amount of real wealth being created, will start improving, even while the financial situation—stock and bond prices—gets ugly. Rapid change presents lots of paradox.

    International Man: What does Trump’s return to the White House mean for the geopolitical situation?

    How will the US’s role in the world evolve in 2025?

    Doug Casey: There are two contradictory trends at play. Look at the following chart, courtesy of my friend Alex Krainer. It’s quite shocking.

    It shows the size of companies born in the last 50 years in America and Europe. America, as heavily regulated and taxed as it is, is vastly more conducive to business than Europe. That trend will widen over the next few years.

    It’s important to recognize that the US government is bankrupt, living on borrowed money, and that trend has gone exponential. I know it looks like Morning in America with the defeat of “Kamala and the Jacobins”… that’s a good name for a rock band. But, seriously, the US has become an overextended and corrupt multicultural domestic empire. It’s unsustainable in its present form. Anyway, morning only lasts for six hours.

    The US is more militarily aggressive than ever. It’s said—I don’t think anybody knows exactly—that there are over 800 bases abroad in 80 or 100 countries. This is, to use a currently fashionable word, completely “unsustainable”. Trump says that he doesn’t want war, and that makes sense. But he’s all for more military spending. He apparently doesn’t understand that more spending is a provocation to the Chinese, and just a grift for weapons manufacturers, so-called defense companies.

    Trump seems committed to using the US dollar as a weapon, by trying to force other countries to use our fiat currency. He sees that exporting paper money in exchange for real goods yields a higher standard of living, and wants to keep that Ponzi scheme going. But he doesn’t seem to understand the huge reaction it’s causing.

    The thought of using tariffs to punish foreigners who are shipping goods to the US in exchange for depreciating fiat dollars is quite idiotic.

    International Man: Following Trump’s victory, many Americans feel more optimistic about their portfolios and the nation’s economic prospects for 2025.

    Is this optimism warranted? What’s your perspective on potential economic developments this year?

    Doug Casey: No doubt that the Trumpers will try their best to get rid of egregious stupidities, as did the Reaganites when they took over in 1980. But the stupidities are much more ingrained and embedded than they were in Reagan’s day. It’s going to be tough.

    Abolishing regulations is fantastic and will liberate the economy. Moore’s law, which is about computers becoming roughly 50% more powerful and 50% cheaper every year, now seems to apply to many areas of high tech—AI, space exploration, and biotech among them. It will accelerate until we reach Ray Kurzweil’s Singularity.

    In the next five years, we’ll see humanoid robots become common, cheap, and extremely powerful, moving in the direction of those in the movie Terminator. Hopefully, they’ll be programmed to make love, not war.

    The Singularity is almost guaranteed by exponential advances in artificial intelligence, quantum computing, and nanotechnology. As we advance toward the Singularity over the next decade, the whole nature of life will change. For the better—barring WW3.

    International Man: Given your outlook for 2025, how are you preparing your portfolio?

    What asset classes do you believe will perform best in the year ahead?

    Doug Casey: No changes here. As regulations are rolled back, companies that own mineral deposits should boom. There will be lots of 10-1 shots over just a few years; it’s a sector everyone hates, assuming they even know it exists—which they don’t.

    The general stock market is in a historic bubble, and the public loves it. I think the party is over. The bond market remains a triple threat to your capital—interest rate risk, default risk, and currency depreciation.

    But let’s put money aside. Your main asset isn’t things. It’s your knowledge, your skills, and your character.

    In an era of extremely rapid change, if you don’t constantly improve, you may inadvertently become a useless mouth. It’s more critical than ever that you build both physical and intellectual capital. And, most importantly, moral capital. Weakness and poverty are forgivable; there’s no excuse for villainy. Do the right thing. Many people will forget that as times get tough.

    *  *  *

    Doug Casey’s forecasts helped investors prepare and profit from: 1) the S&L blowup in the ’80s and ’90s, 2) the 2001 tech stock collapse, 3) the 2008 financial crisis, 4) and now… Doug’s sounding the alarms about a catastrophic event. One he believes could soon strike. To help you prepare and profit, Doug and his team have prepared a special video. Click here to watch now.

    Tyler Durden
    Fri, 01/03/2025 – 17:40

  • Small Banks Suffer Big Deposit Outflows As Money-Market Funds Hit Record Highs Into Year-End
    Small Banks Suffer Big Deposit Outflows As Money-Market Funds Hit Record Highs Into Year-End

    Money market assets surged again in the last week of 2024 to a new record high of $6.848 trillion and at the same time money flowed into bank deposits for the fifth straight week, recovering all the outflows from the SVB crisis…

    Source: Bloomberg

    On a seasonally-adjusted basis, banks saw $58.5BN of deposit inflows (after 3 weeks of outflows)…

    Source: Bloomberg

    On a non-seasonally-adjusted basis, banks benefited from a 5th straight week of deposit inflows (+$31.5BN in the last week of 2024), heading back up near record highs…

    Source: Bloomberg

    However, under the hood, excluding foreign deposits, Small Domestic Banks saw sizable outflows into Christmas (as Large Domestic Banks saw inflows)…

    Source: Bloomberg

    On the other side of the ledger, both small and large bank loan volumes shrank in the last week of the year…

    Source: Bloomberg

    Additionally, The Fed’s bank bailout facility is almost (for all intent and purpose) fully reversed after this week’s decline with only $4.4BN outstanding (down from the peak $168BN)…

    Source: Bloomberg

    Perfect timing for another banking crisis bailout right as Trump takes office.

    Tyler Durden
    Fri, 01/03/2025 – 17:20

  • Devin Nunes Reemerges
    Devin Nunes Reemerges

    Authored by Victor Davis Hanson via American Greatness,

    2024 proved to be the year of the reemergence of many once and unfairly pilloried public figures.

    Elon Musk weathered nonstop attacks on his X social media platform. Furor escalated over his newfound 2024 Trump advocacy—even as he ended 2024 with his iconic Tesla brand still the best-selling car in six states and the most popular electric vehicle in the entire nation.

    Tesla’s rising stock prices ensured by year’s end that Musk was by far the richest man in the world with a net worth of well over $400 billion. His recyclable SpaceX Super Heavy starship rocket booster mesmerized the nation as it returned to the launch pad to be caught by a huge mechanical arm.

    After January 6, 2021, the media swore that Donald Trump was supposedly washed up. He left office with a 34 percent approval rating. Over nearly the next four years, Trump would face 91 felony indictments and be liable for over $400 million in assorted fines.

    Now he is a reelected president. Former oppositional world leaders traipse to Mar-a-Lago to seek his approval even before his tenure begins. His erstwhile critics at home are scurrying about in disarray.

    The Trump-hating media who swore Joe Biden was “sharp as a tack” and “fit as a fiddle” are mostly discredited and are, for now, still bleeding audiences. And Trump’s chief political adversaries, Nancy Pelosi, Liz Cheney, Joe Biden, Kamala Harris, and the Obamas are increasingly either unpopular or irrelevant—or both.

    Yet one unremarked-upon return is that of former Rep. Devin Nunes (R-CA), who, after 20 years of representing Central California in Congress, retired on January 1, 2022, from the House to become CEO of the newly formed Trump Media & Technology Group, tasked to oversee its social media platform, TruthSocial.

    Nunes has regained public attention over the last two weeks after Trump appointed him to become chairman of the President’s Intelligence Advisory Board, which oversees the conduct and performance of America’s intelligence agencies.

    And once more he too is the target of tired residual left-wing venom, as a “pugnacious Trump loyalist” in the words of the New York Times.

    Like almost all former chairs of this nonpaying advisory board, Nunes keeps his full-time job. His old critics claim he has conflicts of interest, given he serves Trump in both a private and public capacity.

    Of course, these complaints come from those who saw no conflict of interest when Vice President Joe Biden flew to China with his son on Air Force Two to shake down foreign communist oligarchs and apparatchiks by using his office to enrich, tax-free, the Biden family syndicate. And no one alleges that Nunes ever became rich, in the fashion of the two Pelosis, who leveraged privileged congressional insider knowledge to make “wise” investments.

    But more importantly, why would Trump not pick Nunes to enact the board’s mission statement to oversee “the Intelligence Community’s compliance with the Constitution and all applicable laws, executive orders, and presidential directives?”

    After all, he shattered the Democratic hoax of Russian-Trump collusion between 2015 and 2018, even as his lead investigator, Kash Patel, the next FBI Director, was himself an object of FBI surveillance.

    As Nunes once pointed out, why did Obama’s non-intelligence officials, like UN Ambassador Samantha Power, seek to unmask dozens of names of U.S. officials, most of whom were political opponents?

    So, who could Trump better trust to oversee the intelligence and investigatory bureaus than someone who knows all too well the descent of these agencies into Trump-Derangement-Syndrome-inspired chronic dissimulation and illegal surveillance?

    After all, the former CIA Director John Brennan, the former Director of National Intelligence James Clapper, and the former interim FBI Director Andrew McCabe all, by their own admissions, lied under oath either to Congress or federal investigators. Former FBI director James Comey pled amnesia or ignorance 245 times before the House Judiciary and Oversight Committee.

    Trump himself, remember, was the object of a vile and fabricated hit “dossier” of Christopher Steele. Nunes proved Steele was a Democratic Party-paid opposition research functionary and an erstwhile FBI informant. Should not Trump have good grounds to want a known bulldog as an overseer of the suspect intelligence agencies?

    Do we remember the “51 former intelligence officials?”

    Some were hardly “former” at all, given they still had enjoyed contracts with government intelligence agencies. On the eve of 2020, they blatantly “misled” the nation that Hunter Biden’s laptop, authenticated at the time by the FBI, had all the “hallmarks” of a Russian disinformation operation.

    Such unapologetic election interference by our best and brightest—including former CIA Directors Leon Panetta and John Brennan—may well have played a role in the outcome of the 2020 election.

    But what perhaps infuriates the left most is Nunes’ resiliency and ability to sluff off its chronic hysterias. Again, as chairman of the House Intelligence Committee, he revealed to the nation that Christopher Steele’s accusations were little more than gossipy fabrications from a discredited ex-British spy—at a time when the media and the Democrats in Congress had cited his “research” chapter and verse in near-biblical fashion.

    Moreover, Nunes showed that Steele himself was hired by Democratic interests through the use of various paywalls—the DNC, the Perkins Coie law firm, and Fusion GPS—to help ruin the 2016 Trump campaign, on the false and ridiculous charge of colluding with the Russians to throw the election. His team further found that the dossier of Steele, again a one-time paid informant of the FBI, was used in part to obtain an FBI lawyer-forged FISA warrant to spy on American citizen Carter Page.

    At the time, candidate and then President Trump was under unprecedented attack. At his inauguration, riots broke out. Madonna publicly declared to a crowd that she thought about blowing up the Trump White House.

    Trump was branded a Russian “puppet” who should be removed just days after his swearing-in. Indeed, according to a Foreign Policy article by one Obama administration leftover official, the left was supposed to depose him quickly, either by impeachment, the 25th Amendment, or a military coup.

    So those were certainly surreal times, at least until Nunes’s committee issued a controversial memo that laid out most of the skullduggery but only earned him unprecedented media venom.

    Only years later, with the issuance of Inspector General Michael Horowitz’s investigative report, the conclusions of the House oversight committee investigations, and the reportage of a few bold journalists, did the public fully confirm there was never anything to the “Russian collusion” charge, other than a Clinton, and then administrative state, effort to destroy Trump by any means other than an election.

    In those crazy times of 2017-2020, the media buzzed with predictions that special counsel Robert Mueller’s “dream team” and “all-star” lawyers would consume Trump and his supporters.

    Nunes himself was written off as a California dairy farmer way over his head, with legacy media headlines blaring, “Trump-Russia Investigation: A Former Dairy Farmer, Rep. Devin Nunes Leads Historic Probe!”

    The media sought to contrast Nunes with supposedly brilliant, Harvard-law-trained Adam Schiff, the then-minority party’s highest-ranking member on the Nunes committee. Schiff would supposedly devour the chairman—in what the media would boast would become a war between a supposed yokel from the Central Valley pitted against an Ivy League pro. Years later today, Schiff’s prior insistence on a real Trump-Russian collusion effort in 2016 and his persistence that the Steele dossier was factual remain even more laughable. A farmer might editorialize that its takes far more savvy and resilience to run a dairy farm than it does to graduate from Harvard.

    When Trump appointed Nunes the head of TruthSocial, the same sort of hick/rustic stories reemerged about Nunes. He was now again supposedly “over his head,” as the blinkered rustic trying to make it in the cutthroat world of sophisticated social media.

    We were told TruthSocial would meet the same fate as Parler. That ascendant 2020 start-up conservative alternative was sabotaged by the left-wing Twitter monopoly that had conspired to ban Trump and partner with the FBI to suppress news unfavorable to Biden’s 2020 campaign.

    It was left to the trifecta of Apple, Google, and Amazon to destroy Parler by denying its critical application platforms to the general public.

    Over the last three years, the media gleefully reported, erroneously, that TruthSocial was nearly bankrupt, hemorrhaging users, piling up operating debt, without operating capital, and losing a critical merger bid. They high-fived the TruthSocial 30-month war with the SEC—one of the most drawn out and politicized in its history—which, in likely partisan fashion, had sought to delay or block TruthSocial’s partnership with Digital World Acquisition Corporation (DWAC).

    As in the case of the Russian collusion hoax, the media was both predictably hostile and wrong, as it serially predicted that Nunes and Truth Social would fail from its very beginning. For nearly three years, it sounded the same “walls are closing” doom and gloom hysterics where it had left off with ‘Russian collusion.”

    We were assured that Elon Musk’s purchase of Twitter meant that the huge social media platform would veer right and preclude any need for TruthSocial. For over three years, headlines in scare caps assured, as did a Bloomberg autumn 2022 screed, that “The Walls Are Closing in on Trump’s TRUTH Social.”

    At about the same time, a giddy Washington Post boasted that “Trump once reconsidered sticking with Truth Social. Now he’s stuck.” And still, the chorus continued a year later with New York Magazine blaring the same narrative, “Trump’s Truth Social Is an Unmitigated Failure.” And on and on.

    Certainly, when Musk purchased Twitter, renamed it the free-speech platform X, endorsed Donald Trump, and welcomed banned conservatives back to the now-reinvented old Twitter, it questioned the original reason-to-be of TruthSocial.

    Yet despite media obituaries, 2024 ends with the Trump Media & Technology Group’s stock price at some $35-37. In October, the company’s worth soared to an incredible $10 billion in market capitalization—albeit a figure representative of speculative interest rather than the size of its profits or market share.

    Still, unlike the old Twitter, TruthSocial had little overhead and ran a tight ship. It reportedly has some $700 million in cash on hand. And it enjoys something no other platform can quite rival—the near-exclusive domain of the President of the United States, 8.4 million of his followers, and over 600,000 investors. Most of the media’s sensational stories about its massive operating losses were never borne out by its officially released filings.

    Tens of thousands of Americans have invested in TruthSocial because of what it stands for and their faith in Donald Trump. In that sense, they confound Wall Street orthodoxies about the magnitude of company size and profitably in gauging stock prices.

    There is a sort of nemesis theme to all these hubristic Nunes hit stories: the clueless bumpkin from a California dairy who turns out to have exposed one of the great scandals of political malfeasance in modern history, or the fumbling ex-farmer driving the ridiculous Trump media platform into, at one recent point, a $10 billion net worth—and multibillion-dollar profit for Donald Trump.

    Critics are right that the TruthSocial stock is astronomically “overvalued”, but seem clueless as to why that is and why it may remain more or less so.

    It is a well-run company, and its inseparable brand, Donald Trump, is no longer the media’s Satan but increasingly a widely admired, resilient, and indomitable figure, traits that even his exhausted enemies grudgingly concede.

    So, looking back at the years of insanity, where now are all the officials and pundits who swore that Nunes was either incompetent or sinister?

    Ryan Lizza, who in 2018 published a bizarre hit piece for Esquire by bird-dogging Nunes’s parents on their dairy in Iowa, was fired for sexual misconduct from The New Yorker. He was recently embroiled in a messy, he-said/she-said courtroom psychodrama—replete with charges and countercharges of blackmail, theft, and physical intimidation—with his erstwhile fiancé, the peripatetic Olivia Nuzzi.

    The dissimulator quad of Brennan, Clapper, Comey, and McCabe has receded into irrelevancy, only occasionally reemerging in half-hearted fashion to reassert their stale first-term Trump accusations.

    No one believes the pompous Schiff memo was more accurate than the Nunes brief it attacked.

    No one vouches for the bogus Steele dossier, or that Steele himself was a skilled and professional ex-intelligence agent, or that Hunter’s laptop was cooked up in Moscow, or that Carter Page was a Russian spy working to subvert the 2016 election.

    No one trusts that Samantha Power had legitimate reasons to request the unmasking of nearly 300 Trump officials, many of them her political enemies, or that the FBI did not collude with social media to suppress news unfavorable to Joe Biden in 2020, or that the intelligence agencies initially were accurate in parroting the official line that the COVID virus was birthed by a bat or pangolin.

    Yet the disillusioned public also wants to know what these intelligence agencies did not do when they were otherwise so busy hunting down fantasy conspiracy theories and knee-deep in domestic partisan politics.

    Did they warn us that the entire U.S. effort in Afghanistan was about to collapse, in the greatest humiliation of the U.S. military in a half-century, as it abandoned over $50 billion in weapons to terrorists?

    Did they have a clue about what Hamas, Iran, and Hezbollah were up to before October 7?

    Did they ever sense that Vladimir Putin was about to stage a massive attack on Kyiv on February 24, 2022?

    Did they ever have any hint about what two near-successful Trump assassins were up to?

    Did they ever honestly report what exactly was going on at the Wuhan virology lab and to what degree our own health officials were complicit in it?

    And how does China keep producing state-of-the-art ships, warplanes, drones, and weaponry that seem eerily to resemble or replicate original American designs?

    As in the case of the newly appointed reformist directors of the wayward FBI, Pentagon, or National Institute of Health, so likewise the intelligence agencies need and should welcome the civilian oversight of Devin Nunes and his new board – to ensure they start doing what they were tasked to do and not continue to do what they were not.

    Tyler Durden
    Fri, 01/03/2025 – 17:00

  • 'Hush Money' Case Judge Orders Trump Sentenced Ahead Of Inauguration, Signals No Punishment
    ‘Hush Money’ Case Judge Orders Trump Sentenced Ahead Of Inauguration, Signals No Punishment

    New York Supreme Court Justice Juan Merchan has rejected an attempt by President-Elect Donald Trump to dismiss his business records case and ordered sentencing for Jan. 10.

    “This Court finds that neither the vacatur of the jury’s verdicts nor dismissal of the indictment are required by the Presidential immunity doctrine, the Presidential Transition Act or the Supremacy Clause,” Merchan said on Jan. 3.

    “Finding no legal impediment to sentencing and recognizing that Presidential immunity will likely attach once Defendant takes his Oath of Office, it is incumbent upon this Court to set this matter down for the imposition of sentence prior to January 20, 2025,” Merchan wrote.

    However, while some on the left may be hoping this is the last gambit to avoid four years of ‘Hitler’ reigning over them with the chance of the judge to #LockHimUp, Merchan said an unconditional discharge “appears to be the most viable solution” and he would allow Trump to appear virtually.

    “While this Court as a matter of law must not make any determination on sentencing prior to giving the parties and Defendant an opportunity to be heard, it seems proper at this juncture to make known the Court’s inclination to not impose any sentence of incarceration, a sentence authorized by the conviction but one the People concede they no longer view as a practicable recommendation,” Merchan wrote. 

    Trump, 78, had faced as many as four years in prison in the hush money case after a jury in May found him guilty on 34 felony counts of falsifying business records for payments to an adult film star before the 2016 election.

    Merchan rejected each of Trump’s arguments for dismissal, including that allowing a criminal conviction to hang over a sitting president would undermine his authority. The judge noted that Trump won the election even after he was convicted in the case.

    “Whatever stigma that might have existed, will most certainly not interfere with defendant’s ability to carry out his duties — both as president-elect and as the sitting president,” Merchan said.

    However, as The Hill points out, Merchan’s decision keeps Trump’s criminal conviction on the books.

    “This court has painstakingly considered the respective arguments of the parties and finds that setting aside the jury verdict is not the best or only way to reconcile the competing interests,” Merchan said.

    The judge state that the importance of keeping the New York jury’s guilty verdict against Trump intact could not “possibly be overstated.”

    “Indeed, the sanctity of a jury verdict and the deference that must be accorded to it, is a bedrock principle in our Nation’s jurisprudence,” he said.  

    This would mean he would be the first felon to assume the presidency, though Trump can still appeal the jury’s verdict.  

    Tyler Durden
    Fri, 01/03/2025 – 16:40

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