Today’s News 4th July 2023

  • The Criminalization Of Dissent (Revisited)
    The Criminalization Of Dissent (Revisited)

    Authored by CJ Hopkins via The Consent Factory,

    Greetings from Thoughtcriminal 231Js1736/23!

    That’s my official Thoughtcrime Case Number, which my attorney needs to reference in all our official correspondence with the New Normal Thoughtpolice. I think I’m going to silk-screen it on a T-shirt and wear it on my first day in Moabit Criminal Court, “the largest criminal court in Europe with 340 judges and 360 prosecutors.”

    That’s right, the Berlin State Prosecutor’s office is pursuing its criminal investigation of me for allegedly “disseminating propaganda, the content of which is intended to further the aims of a former National Socialist organization,” which according to Germany’s Grundgesetz could send me to prison for up to three years.

    My attorney wrote to them and politely explained how ridiculous their investigation is and why they should summarily drop the charges, but New Normal Germany has a zero-tolerance policy when it comes to Thoughtcrime, especially Thoughtcrime involving any kind of Covid-denying propaganda.

    The “propaganda” in question is these two Tweets.

    Which, OK, I just disseminated them again, so there’s another three years in prison. Or, I don’t know, maybe it’s six years in prison, i.e., three years for each separate count of Thoughtcrime.

    I wrote those Tweets in German, so let me translate.

    The one on the left reads, “The masks are ideological-conformity symbols. That is all they are. That is all they have ever been. Stop acting like they have ever been anything else, or get used to wearing them.” The hashtag translates as “Masks are not a benign measure.”

    The one on the right is a quote by Karl Lauterbach, the Minister of Health of Germany, tweeted by Die Welt, a national newspaper.

    It reads “The masks always send out a signal.” And, yes, Karl, that’s exactly the point I was making.

    The image is from the cover art of my book The Rise of the New Normal Reich: Consent Factory Essays, Vol. III (2020-2021), which was banned in Germany by Amazon, Inc. two days after I tweeted the above Tweets. (It appears to also be banned for sale in German bookstores, but I don’t have confirmation of that.)

    My attorney just received the screenshots of these Tweets from the Berlin State Prosecutor a few days ago. Up to then, we didn’t know what they were, and we couldn’t find them, because they have been censored by Twitter, presumably on the orders of the German Thoughtpolice. We knew they featured the cover art of my book, because the Prosecutor’s office described it, but we didn’t know about the “Covid denial.”

    So, essentially, I’m facing criminal charges, and being threatened with who knows how many years in prison, or thousands of Eurodollars in fines, for (a) stating what has now been widely acknowledged, and what was generally understood by every serious epidemiologist until the Spring of 2020, namely, that mask-mandates do not work, and thus are nothing but symbolic measures designed to generate and enforce mass obedience, and (b) insulting the Minister of Health of Germany, who happens to be a fanatical serial liar who is directly responsible for the serious injury and death of … well, we’ll never know how many people.

    Neither of which are actual crimes. Not even in the Federal Republic of Germany.

    The pretext for the charges I am facing is the swastika behind the mask, which, as I noted in a recent essay, is a play on the international bestseller, The Rise and Fall of The Third Reich, by William Shirer, which you can buy in any bookshop in Berlin.

    Incidentally, my book has also been a bestseller, at least on Amazon (in countries where it’s not banned) and Barnes & Noble, but I’ve still got a little ways to go before I get to Shirer territory.

    So, there you are … those are my Thoughtcrimes.

    I’ve been writing about the “New Normal” as a new form of totalitarianism for several years now. I wrote about it in one of my essays, The Criminalization of Dissent, in May of 2021. Some of my colleagues rolled their eyes. They thought I was being hyperbolic again. I wasn’t. This is what I meant. It is literally the criminalization of dissent.

    I wasn’t the only one covering the story of the criminalization of dissent in Germany. The New York Times reported on it in April of 2021 …

    “The country’s domestic intelligence agency says it will create a new department to deal with extremism among conspiracy theorists.” (German Intelligence Puts Coronavirus Deniers Under Surveillance)

    As did Aljazeera …

    “For intelligence officers to be legally allowed to start observing parts of the anti-lockdown movement, Germany’s Federal Office for the Protection of the Constitution (BfV) had to create an entirely new category of groups because the ‘Querdenkers’ do not fit neatly into the existing classifications of right-wing or left-wing. The new category is for groups suspected of being ‘anti-democratic and/or delegitimizing the state in a way that endangers security.’ The designation allows intelligence officers to gather data about individuals and their activities, and could in a further step include shadowing people and tapping their communications.” (German Spy Agency to Monitor Some Anti-Lockdown Protesters)

    I was not a member of the “Querdenker” movement, or any other movement for that matter, but I doubt that makes any difference to the BfV or the Berlin State Prosecutor. Anyone even vaguely prominent who spoke out against the “Corona measures” is fair game for threats and prosecution. The beneficent-sounding Federal Office for the Protection of the Constitution, or BfV, is basically Germany’s FBI. It’s now two years after the above stories were published, and they are still on the hunt for “Covid deniers,” “conspiracy theorists,” and other such persons suspected of “delegitimizing the state” … whatever that Orwellian language means.

    Of course, it doesn’t matter what it means. It means whatever they say it means. That’s what it means. It means it doesn’t mean anything, and they do not have to pretend it means anything. It means, “Shut the fuck up. Get in line. Do what we tell you. Say what we tell you. Think what we tell you. Or we will fucking get you. We will make up some charges and prosecute you. We will censor you into Internet oblivion. We will shut off your fucking bank account. We’ll send the IRS to your house. We’ll ruin your career. We’ll hurt your family. We will extradite you to the USA and lock you up in Supermax prison for 175 fucking years.”

    How am I doing? Do I sound hyperbolic?

    And, no, of course I’m not just talking about Germany. The criminalization of dissent is being rolled out everywhere. Ireland is just the latest of dozens of countries all throughout the West that are criminalizing so-called “hate speech.” The specifics are different but the message is the same, “Watch what you say, or we will prosecute you, or otherwise seriously fuck you up.”

    Oh, and also, I should probably mention, my lawyer advised me not to republish those Tweets. He completely understands where I am coming from, but it is his job to look out for me and to try his best to … you know, keep me out of German prison, which I’m not making easy for him.

    Now, I want to be very clear about this. I have no desire to go to German prison. I am about to turn 62 years old. I’m not at all interested in tossing anyone’s salad or having my salad tossed by anyone, especially not a pumped-up, tattooed member of some local Turkish drug gang, or an actual German neo-Nazi, but I’m not going to be intimidated into shutting up or toning my act down to placate the New Normal Thoughtpolice.

    The thing is, I don’t respond well to bullies. I feel a particular antipathy toward them. I’m not very fond of liars either. And totalitarians … there’s another group of people I don’t like. I am not ashamed to admit my bias against such people. I wish them ill. I am sorry about whatever vicissitudes of fortune or experience turned them into lying, bullying, totalitarian creeps, but they can suck foul wind out of my ass if they think I am going to bow down to them. They can do what they want to me. They have that power. They can silence me for a while if they want. But they cannot make me silence myself.

    And they cannot make me pretend to respect them.

    The Germans are real big on respecting authority. So am I. But authority is earned. It does not stem from a title or a uniform. It stems from knowledge, experience, integrity, and honorable behavior, not from brute force. Fascists, totalitarians, and the like do not deserve our respect. They deserve our scorn. They deserve our derision. I have plenty of it for them.

    Also, there are the kids to think about. I don’t have any, but other people do. What kind of an example are we setting for the kids if we start censoring (or “sensitivity-editing”) ourselves every time some fascist bully threatens to put us in jail if we don’t? A lot of the young people are already pretty pussified as it is these days. I’m certainly not a tough guy or anything, but sometimes, in life, you have to fight, and it doesn’t really matter if you get your ass kicked.

    Oh, and, if you’re contemplating writing to me and telling me to “get the hell out of Germany” or inquiring as to why I haven’t “gotten the hell out of Germany,” please do not do that. I am extremely tired of hearing it. Instead, just wire a high six-figure sum into the Swiss account I will be setting up shortly, and, I promise you, I’ll get the hell out of Germany, and send you a postcard from an undisclosed location somewhere in the Ionian Sea.

    In the meantime, I’ll definitely keep you posted on Case 231Js1736/23, and maybe I’ll go ahead and do up that T-shirt. Wait, what am I thinking? This is New Normal Berlin! I could find a VC, round up some 20-year-old, transgender, Ayahuasca-guzzling tech bros (or “tech persons with penises” or whatever the proper “non-harmful” nomenclature is at the moment), and start up some type of totally Bitcoined bespoke Thoughtcriminal T-shirt business!

    The way things are going, I’ll probably make a killing … or at least I’ll be able to cover my legal costs, which, after that last little gratuitous outburst, Lord knows what kind of new charges I’ll be facing!

    Tyler Durden
    Tue, 07/04/2023 – 00:00

  • Female Astronauts On The Rise At NASA
    Female Astronauts On The Rise At NASA

    NASA was an exclusively male workplace for a long time, but that is changing.

    As Statista’s Katharina Buchholz reports, the first all-female spacewalk at the International Space Station was carried out in 2019 and many other milestones have already been accomplished by female astronauts. But there has yet to be a first woman on the moon (or on Mars), and since NASA is planning to return astronauts to the moon soon, some female members who graduated as part of the newest 2017 and 2021 cohorts might just be the ones to achieve those firsts.

    The first women to graduate from NASA astronaut class were Sally Ride, Anna Fisher, Judith Resnik, Kathryn Sullivan, Margaret Rhea and Shannon Lucid, who entered the program in 1978.

    According to NASA and Collect Space, the number of women admitted to the program has risen, in total and as a share of aspiring astronauts.

    Ride became the first American woman in space, after cosmonauts Valentina Tereshkova and Svetlana Savitskaya.

    Fisher became the first mother to fly in space.

    Resnik tragically died in the 1986 Challenger explosion.

    Infographic: Female Astronauts on the Rise at NASA | Statista

    You will find more infographics at Statista

    While the latest 2021 cohort has a 42/58 percent (five women, seven men) split in favor of men, 2013 saw the first, albeit small, gender-equal astronaut cohort, with four men and four women starting and later graduating NASA astronaut training.

    Tyler Durden
    Mon, 07/03/2023 – 23:30

  • A Record Number Of 40-Year-Olds Have Never Been Married
    A Record Number Of 40-Year-Olds Have Never Been Married

    Authored by Jane Nguyen via The Epoch Times (emphasis ours),

    According to a new analysis of Census Bureau data by the Pew Research Center, a record number of 40-year-old Americans who have never been married reached a record high in 2021.

    A quarter of 40-year-olds in the United States have never been married, Pew Research reported on June 28. Most lived alone, with just 22 percent of never-married 40- to 44- year-olds living with a romantic partner.

    (Serhii Yurkiv/Shutterstock)

    The findings revealed a downward trend of delaying marriage or foregoing it altogether among people born during or after the 1960s, according to the report. In 1980 only 6 percent of 40-year-olds had never been married. That increased by five percentage points per decade until 2021.

    The trend is “notable because the share of 40-year-olds who had completed at least a bachelor’s degree was much higher in 2021 than in 1980, 39 percent versus 18 percent, said Richard Fry, a Pew senior researcher.

    “More-highly educated 40-year-olds are more likely to have married, but the growth of this group has not reversed the overall trend of delaying or forgoing marriage,” Fry added.

    The Pew report found that 40-year-old men were more likely not to have been married than women in 2021, with 28 percent of men and 22 percent of women falling into this category.

    The Pew analysis noted that many unmarried 40-year-olds in previous decades ultimately married later in life. About 1 in 4 of the 40-year-olds who were not yet married in 2001 had wed by the time they turned 60.

    If the pattern continues, the research center predicts that “a similar share” of never-married 40-year-olds would also get married in the coming years.

    The research center conducted the analysis to look at how marriage rates have changed among 40-year-olds in the United States from 1850 to 2021. The report comes as birth rates and marriage rates in the United States have declined for decades.

    Meanwhile, a 2022 report from the University of Virginia’s National Marriage Project found the median age of first marriage has increased over the last 50 years, “from 23 in 1970 to about 30 in 2021 for men, and from 21 in 1970 to 28 in 2021 for women.”

    But a later marriage may not necessarily mean a better one: 81 percent of husbands who married earlier said they were satisfied in their marriages, compared to 71 percent of those who married later, the report found. There were similar results among women, though with a smaller difference–73 percent of earlier-married women were satisfied, compared to 70 percent of later-married women, the report said.

    The Rise of Single People

    The decreasing marriage rate has led to a spike in the number of people living alone. As of 2021, 37 million Americans live alone, according to census data.

    There are various reasons marriage is losing ground in America. Some of them are societal; there is very little public stigma around being single. Other factors include the sexual revolution, the feminist movement, and declining rates of religious observance.

    However, this phenomenon is not confined to the United States, as marriage and birth rates have fallen in much of the world, including Europe and Japan.

    While not all adults living alone are lonely, many are, and these individuals are more likely to lack significant social connections, which can be deadly.

    According to a recent report from the U.S. surgeon general titled “Our Epidemic of Loneliness and Isolation,” loneliness is more than just a bad feeling, it harms individual and societal health. It’s associated with a greater risk of cardiovascular disease, dementia, stroke, depression, infection, anxiety, and premature death.

    According to the report, the effect on mortality of being socially disconnected is similar to that of smoking up to 15 cigarettes per day and is even greater than those of obesity and physical inactivity.

    Large population studies have documented that among initially healthy people tracked over time, those who are more socially connected live longer, and those who experience social deficits, including isolation, loneliness, and poor-quality relationships, are more likely to die earlier, regardless of the cause of death, according to the report.

    Tyler Durden
    Mon, 07/03/2023 – 23:00

  • Thousands Of SoCal Hotel Workers Go On Strike
    Thousands Of SoCal Hotel Workers Go On Strike

    Thousands of hotel industry workers in Southern California went on strike over the Fourth of July weekend in hopes of gaining a new contract with higher wages and benefits, according to the employees’ union.

    Cooks, dishwashers, servers, room attendants, bellmen and other non-managerial hotel staff from UNITE HIRE Local 11, which represents over 32,000 hospitality workers in California and Arizona, were seen picketing outside major hotels in Los Angeles and Orange counties the morning of July 1, according to the union’s Twitter account.

    Last month, 96% of union members voted in favor of authorizing the strike after negotiations – which began on April 20, stalled out, according to CNBC.

    https://platform.twitter.com/widgets.js

    The union says that around 15,000 workers at 65 hotels represented by Local 11 in LA and Orange counties saw their current contract expire midnight on June 30.

    Affected hotels include Hyatt properties, Hilton Hotels & Resorts and Marriott International. One day before the strike, the union struck a deal with the Westin Bonaventure in Downtown Los Angeles.

    Employees at the Westin Bonaventure struck a deal one day before the strike

    Hilton Hotels & Resorts, Marriott International, and luxury hotels like the Westin Bonaventure in Downtown Los Angeles and the Beverly Wilshire in Beverly Hills.

    The primary reason for the strike is the cost of living, as raging inflation means that workers – who often live far from their places of employment – can no longer afford to make ends meet. They are demanding an immediate $5 per hour boost in wages and a $3 boost annually for the next three years.

    The union points out that while hotels themselves were bailed out during the pandemic, the industry has exceeded pre-pandemic levels of profit, while wages have not kept up with the pace of inflation.

    The City of Los Angeles Tourism and Convention Board said that tourism is back to 91 percent of 2019’s pre-pandemic levels, while visitors spent $21 billion locally in 2022.

    Labor representatives said that housekeepers were making between $20 to $25 an hour, and they estimated that $39.31 an hour was needed to afford rent a two-bedroom apartment in greater Los Angeles.

    UNITE HERE Local 11 says 53 percent of the workers it is representing have moved or are planning to move outside of Los Angeles. –Epoch Times

    “Workers have been pent up and frustrated and angry about what’s happened during the pandemic combined with the inability to pay their rent and stay in Los Angeles,” said Kurt Peterson, co-president of UNITE HERE Local 11, in a statement.

    “So people feel liberated, it’s Fourth of July, freedom is reigning in Los Angeles and hotel workers are leading that fight.”

    Tyler Durden
    Mon, 07/03/2023 – 22:30

  • Louisiana Gov. Vetoes Bill Meant To Shield Children From Transgender Procedures
    Louisiana Gov. Vetoes Bill Meant To Shield Children From Transgender Procedures

    Authored by Tom Ozimek via The Epoch Times (emphasis ours),

    Louisiana Gov. John Bel Edwards, a Democrat, has vetoed a bill that was meant to protect children from transgender gender-change surgeries and other procedures like giving kids cross-sex hormones.

    Louisiana Gov. John Bel Edwards speaks about the state’s latest rise in coronavirus cases, in Baton Rouge, La., on July 23, 2021. (Melinda Deslatte/AP Photo)

    House Bill 648, known as the “Stop Harming Our Kids Act,” was passed by the Republican-controlled state legislature along party lines in early June.

    The bill sought to prohibit hormone treatments for minors as well as puberty-blocking drugs and gender reassignment surgery, such as giving girls who identify as boys double mastectomies, which critics have decried as a form of mutilation.

    If HB 648 doesn’t become law, we will be sending a horrible message to our children,” Louisiana state Sen. Jeremy Stine, a Republican, wrote on Twitter after the bill’s passage and as questions swirled around whether it would receive a veto.

    This isn’t complicated. Our kids deserve to know that they are loved, valued, and perfect just as God created them,” the Republican lawmaker added.

    Stine’s fear that the bill would get nixed before it entered into force became a reality on June 29, when the Louisiana governor said in a letter (pdf) that he had vetoed it.

    Some had held out hopes that Edwards wouldn’t veto HB 648 because in the prior legislative session, he decided not to block a law banning transgender-identifying athletes from taking part in women and girls’ sports competitions.

    However, Edwards’ six-page veto letter made clear his opposition to the “Stop Harming Our Kids Act,” which he called “ironic” because he claimed “that is precisely what it does.”

    ‘Ripe For a Veto’

    Edwards’ letter was addressed to Clay Schexnayder, the Republican Speaker of the Louisiana House of Representatives.

    In it, Edwards said the bill threatens specialists’ professional licenses, removes parental rights in healthcare decisions for children with gender dysphoria, and generally amounts to a “targeted assault” on kids suffering psychologically from a “gender crisis.”

    The bill denies healthcare to a very small, unique, and vulnerable group of children,” he wrote. “It forces children currently stabilized on medication to treat a legitimate healthcare diagnosis to stop taking it.”

    Edwards said that there was no evidence of any gender-change surgeries being performed in Louisiana between 2017 and 2021, and argued that supporters of the bill suggested it was “necessary to stop physicians from mutilating our children by performing gruesome sex change surgeries.”

    This is simply not happening in Louisiana,” he said, arguing that the bill sought to address a non-existent problem of sex reassignment surgeries in the state while in actual fact blocking access to “necessary” medication and other less invasive medical interventions for children suffering from gender dysphoria.

    I can even agree with that prohibition in this bill,” Edwards said of the bill’s provisions to ban transgender surgeries, while adding that, “unfortunately, that is not the intent of this bill and seemed to be included for dramatic effect to overshadow the medically appropriate use of puberty blockers and hormone replacements.”

    Edwards also objected to a number of other “structural defects” in the bill that made it “ripe for a veto,” including insufficient clarity about what specific types of medical interventions would be subject to penalties or revocation of license.

    With Edwards’ veto, the current regulations in Louisiana on transgender procedures for children remain unchanged. Specifically, they require that anyone under 18 is required to obtain parental consent before they can access hormone therapies, puberty blockers, and other treatments for gender dysphoria.

    Gender dysphoria is generally defined as distress over gender identity that doesn’t match a person’s biological sex.

    Pushback

    Gender-reassignment “treatments” have become a prominent issue in state legislatures nationwide, as Democratic and Republican lawmakers advocate for bills that either advance or restrict such procedures.

    At least 19 states have passed laws that shield minors from transgender surgeries and related procedures. Proponents of the procedures call them “gender-affirming care” while opponents consider gender dysphoria to be a psychological issue that need psychological solutions, with physical interventions being seen as mutilation of children’s changing bodies.

    In recent years, leaders in the U.S. health care industry such as the American Academy of Pediatrics (AAP) have ramped up the promotion and use of puberty blockers and cross-sex hormones, and have even recommended gender transition surgeries for children.

    Dr. Julia Mason, a member of the AAP, told The Epoch Times in a recent interview that the push in the United States for transgender medical interventions on minors is “primarily political” and linked to profit-making.

    The United States is becoming more of an outlier every day,” Mason said. “Every country that has taken a serious look at the evidence has concluded that medical transition of children is experimental, and the evidence doesn’t support doing it.”

    Dr. Jeff Barke, a primary care physician in California’s Orange County and member of the Association of American Physicians and Surgeons, told The Epoch Times in a recent interview that the recent surge in support for the transgender movement is political and contrived.

    It’s not science, it is politics,” he said. “Europe is moving toward freedom … while we are headed toward more socialism and totalitarianism.”

    Barke said that performing gender transition surgery on minors is a “grotesque” form of child abuse that “should be illegal.”

    Brad Jones contributed to this report.

    Tyler Durden
    Mon, 07/03/2023 – 22:00

  • The Growing Global Hunger For Meat
    The Growing Global Hunger For Meat

    Global demand for meat has been growing for decades. 

    As Statista’s Martin Armstrong reports, data from the Food and Agriculture Organization of the United Nations (FAO) shows, global meat production has increased fivefold since the 1960s. 

    Infographic: The Growing Global Hunger For Meat | Statista

    You will find more infographics at Statista

    For 2023, the FAO forecasts the amount of meat produced to be around 364 million tons. According to the FAO, the Covid-19 crisis led to many disruptions in production and supply chains. However, this did not lead to a decline in global production: Even during the pandemic, the upward trend in production volume continued, as this infographic illustrates.

    In the past few years, a change in global agriculture could be observed. 

    The production costs of meat became lower due to the increasing production of animal feed such as soy or corn, thus increasing the supply of meat in many countries.

     Especially in the populous countries of Asia , the demand for different types of meat increased. Asia is the largest meat producing market, with a focus on pork and poultry – also the two most produced types of meats in the world ahead of beef and ovine meat, which includes sheep and lamb.

    Tyler Durden
    Mon, 07/03/2023 – 21:30

  • The Bidens' Existential Threats To The American Rule Of Law: VDH
    The Bidens’ Existential Threats To The American Rule Of Law: VDH

    Authored by Victor Davis Hanson via American Greatness,

    President Joe Biden, the Biden grifting conglomerate, the Department of Justice, and the FBI under its fourth consecutive weaponized director, are in danger of subverting the American system of law.

    They are in various ways undermining the tradition of self-reported income tax computation and voluntary compliance.

    Our tax institutions, of course, are based on the real deterrence of a disinterested, uncompromised Internal Revenue Service. Without it, the income revenues of the United States are existentially threatened.

    So far, any negative reputation of the IRS has rested with natural complaints that it is too zealous in hounding out American taxpayers in all walks of life. Or citizens often object that the IRS must enforce a tax code that is innately unfair.

    But not until now, has the IRS itself ever been under a shadow of such corruption?

    Has it been in the past ever found to have applied so blatantly and deliberately one standard of tax enforcement to elites and quite another to everyday Americans?

    Again, if that charge of unequal treatment in tax compliance were to prove true, then Humpy-Dumpty like, the entire American system of revenue collection would shatter.

    In other words, millions of Americans might shrug, “If Joe Biden, President of the United States and his criminally minded son, can get away with avoiding millions of dollars in taxes, then should not I, a nobody, at least have the right to avoid hundreds of dollars in taxes?”

    So the Bidens, along with Attorney General Merrick Garland and the FBI, are treading on dangerous ground in imperiling a hallowed American tradition—one vital to the very governance and operation of the United States.

    The current president of the United States, despite his monotonous calls for the well-off to “pay their fair share,” has likely deliberately connived to avoid taxes on sizable amounts of unreported taxable foreign income.

    In the case of his son, “likely” is an unneeded adverb.

    By Hunter Biden’s recent own admissions and corroborating evidence, he seems not only to have schemed to hide millions of dollars in foreign shake-down profiteering, but to have set up all sorts of paywalls, firewalls, and phony “loans” to ensure auditors would take years to unravel his illegal schemes—until well after the expiration of the statute of limitations. And his criminality succeeded so well that he has permanently gotten off not paying thousands of dollars in overdue taxes.

    Joe Biden has serially lied that he did not know anything of his son’s business dealings.

    That assertion is contrary to photographic evidence of him with Hunter Biden’s business associates, sworn statements from at least one of Hunter Biden’s former business partners, clear evidence from Hunter’s own laptop, and now recent disclosures from FBI documents and whistleblower testimonies. And yet the President continues to lie, and the media continues to shrug that dads often do such things.

    It is almost beyond belief, but increasingly likely, that Hunter Biden in the past conducted his illicit business over the phone in the presence, and with the complicity, of current president Joe Biden himself. And the full trove of evidence is still trickling in.

    This sordid scenario is part of the larger Biden criminal landscape. Joe and Hunter may well have received $10 million from Chinese consortia for doing nothing other than monetizing Joe Biden’s Vice-Presidency and his apparent then trajectory to the presidency.

    There is no longer any doubt that Hunter Biden received fabulous amounts of money from the Ukrainian energy company Burisma. That lucre was again based on nothing other than the willingness of his own father, now the current president, to be directed to where and how to employ his own purchased influence.

    Accordingly, Joe Biden is on record boasting of his own power to fire a Ukrainian prosecutor—through personal threats of withholding congressional approved U.S. foreign aid to Ukraine.

    Biden was furious that Ukrainian auditors were probing too deeply into matters that now are increasingly clear to have been central to his own family’s nefarious influence peddling.

    Note well: the U.S. House of Representatives impeached a former president on two grounds: one, an allegation that Donald Trump used his office to threaten to delay (not to cancel) Ukrainian military aid; and, two, that he did so to harm a potential political rival in the next election.

    Joe Biden has now trumped Trump on both counts.

    One, he is involved in criminal enterprises with his entire family, whose shake-down payouts from Ukrainian moneyed interests depended on precisely the current President’s past willingness to use his then vice-presidential office to strongarm Ukrainian officials.

    Two, Biden did not so much just seek to uncover wrongdoing by his likely presidential rival, as have him indicted by his own justice department for alleged violations of presidential records statutes.

    Yet unauthorized removal of classified government records is a crime that Biden himself by his own admission also has committed—and for far longer a time, and perhaps involving far greater volumes of archival material.

    Critics of the Bidens have long been puzzled about the opulent spending habits and costly acquisitions of Joe and Jill Biden, Hunter Biden, Jim Biden, and other lesser family satellites on the clan’s dole.

    Such wonderment about the abyss between lifestyles led and taxes reported apparently reached the highest echelons of the IRS. Its special investigating teams recommended numerous felony indictments of Hunter Biden for conspiratorial tax fraud. It requested in vain to extend their investigations to Joe Biden himself.

    We now also have good reason to believe that Biden’s Attorney General, Merrick Garland, both himself and through his subordinates, used their powers unlawfully to sidetrack Justice Department attorneys from legitimately and fully investigating Joe Biden, and/or to delay and obfuscate the full prosecution of Hunter Biden.

    The result is that Hunter Biden successfully used his family influence to escape taxes on hundreds of thousands of dollars of disguised income through manipulating statute-of-limitations laws.

    For years, he has also escaped paying taxes, by phony claims of loans, on other known millions of dollars in income that were still likely only a portion of all his foreign quid pro quo revenue schemes.

    Note, however, the greatest damage the Bidens have done to this nation.

    Joe Biden’s own past lucrative financial dealings with suspect Chinese interests, with connections to the ruling Chinese communist party, cast a shadow over current American foreign policy itself.

    The American people are bewildered over why the Biden administration is appeasing the Chinese government. It keeps insisting, contrary to evidence, that bilateral relations are in great shape—after successful and unapologetic Chinese overt espionage efforts to send a spy balloon across sensitive areas of the United States.

    China has defiantly stonewalled any request to explain how and why a porous Chinese virology lab incompetently let escape a gain-of-function virus, a virtual bioweapon, that killed over a million Americans and sickened over 300 million.

    Its jets now play chicken with our own in the skies above the South China Sea. And its ships do the same with our vessels in the same environs.

    It threatens to escalate to nuclear weapons if the United States should protect its de facto ally Taiwan from envisioned Chinese aggression.

    All the above is in addition to years of Chinese copyright infringement, patent violations, manipulation of Chinese currency, trade dumping, and systematic espionage operations throughout sensitive areas of the U.S. military and general economy.

    Again, Biden’s response is increasingly to downplay these mounting aggressions in direct proportion to their increased frequency.

    The “why” of that bizarre exculpation raises the question of how exactly would it be possible so dramatically to influence, or “get to” a U.S. President. The answer may be buried in thousands of suppressed government documents and the data of now cancelled investigations.

    Note again: America in vain recently spent $40 million and 22-months on a special prosecutor to pursue, on no evidence (but relying on plenty of disinformation, fraud, and criminality) the smear that Donald Trump was a Russian puppet, and his (demonstrably tough) treatment of the Russians was supposed proof of his collusion with Vladimir Putin.

    In sum, every American now knows that he would have gone to prison for several years for even attempting, much less getting away with, the fraudulent tax avoidance schemes of Hunter Biden, who likely will never spend a single day in jail.

    The IRS does not give passes for divots. The law treats the attempt or preempted scheme to violate it, almost as severely as the actuality of successfully breaking tax laws.

    Again, all this will not, cannot, must not stand.

    We can no longer have a United States if its President almost weekly demonstrably lies with impunity about his  relationships with the Biden family’s nefarious foreign business interests.

    You can no longer have an American nation, if the son of the President of the United States successfully connives to rake in millions for his extended family by selling his father’s influence to foreign governments—a gambit that may currently affect the foreign policy of the United States. Adding insult to injury, Hunter Biden is now a White House fixture, as if the closer he clings to the nexus of American power and influence, the more likely he will continue to be exempted from American law.

    There is no such thing as the America we once knew if the Bidens and their surrogates with impunity used the levers of the FBI and the Department of Justice to cover up, and escape prosecution of, crimes that would otherwise have sent any citizen under such liability to prison for several years.

    This unfolding Biden melodrama has the potential to destroy the current presidency.

    It will tarnish for generations the Department of Justice, the FBI, and the IRS.

    And yet it will not die because the U.S. itself will not die, and so the scandal eventually will convict Joe, Hunter, and Jim Biden of serious felonies.

    Finally, unless radical changes occur, the unapologetic Biden nefariousness will discredit permanently an obsequious and biased media that knowingly chose not to report on what they equally knew were historic transgressions against their United States.

    Tyler Durden
    Mon, 07/03/2023 – 21:00

  • Life Cycle Emissions: EVs Vs Combustion Engine Vehicles
    Life Cycle Emissions: EVs Vs Combustion Engine Vehicles

    According to the International Energy Agency, the transportation sector is more reliant on fossil fuels than any other sector in the economy. In 2021, it accounted for 37% of all CO2 emissions from end‐use sectors.

    To gain insights into how different vehicle types contribute to these emissions, Visual Capitalist’s Selin Oguz and Sam Parker created the inforgapohic below to visualize the life cycle emissions of battery electric, hybrid, and internal combustion engine (ICE) vehicles using Polestar and Rivian’s Pathway Report.

    Production to Disposal: Emissions at Each Stage

    Life cycle emissions are the total amount of greenhouse gases emitted throughout a product’s existence, including its production, use, and disposal.

    To compare these emissions effectively, a standardized unit called metric tons of CO2 equivalent (tCO2e) is used, which accounts for different types of greenhouse gases and their global warming potential.

    Here is an overview of the 2021 life cycle emissions of medium-sized electric, hybrid and ICE vehicles in each stage of their life cycles, using tCO2e. These numbers consider a use phase of 16 years and a distance of 240,000 km.

    While it may not be surprising that battery electric vehicles (BEVs) have the lowest life cycle emissions of the three vehicle segments, we can also take some other insights from the data that may not be as obvious at first.

    1. The production emissions for BEVs are approximately 40% higher than those of hybrid and ICE vehicles. According to a McKinsey & Company study, this high emission intensity can be attributed to the extraction and refining of raw materials like lithium, cobalt, and nickel that are needed for batteries, as well as the energy-intensive manufacturing process of BEVs.

    2. Electricity production is by far the most emission-intensive stage in a BEVs life cycle. Decarbonizing the electricity sector by implementing renewable and nuclear energy sources can significantly reduce these vehicles’ use phase emissions.

    3. By recycling materials and components in their end-of-life stages, all vehicle segments can offset a portion of their earlier life cycle emissions.

    Accelerating the Transition to Electric Mobility

    As we move toward a carbon-neutral economy, battery electric vehicles can play an important role in reducing global CO2 emissions.

    Despite their lack of tailpipe emissions, however, it’s good to note that many stages of a BEV’s life cycle are still quite emission-intensive, specifically when it comes to manufacturing and electricity production.

    Advancing the sustainability of battery production and fostering the adoption of clean energy sources can, therefore, aid in lowering the emissions of BEVs even further, leading to increased environmental stewardship in the transportation sector.

    Tyler Durden
    Mon, 07/03/2023 – 20:30

  • CISA Was Behind The Attempt To Control Your Thoughts, Speech, And Life
    CISA Was Behind The Attempt To Control Your Thoughts, Speech, And Life

    Via The Brownstone Institute,

    Keeping up with the corruption of the Covid regime feels like drinking from a firehose. The volume of the fraud, the pace of new discoveries, and the breadth of the operations are overwhelming. This makes it imperative for groups like Brownstone Institute to digest the onslaught of information and communicate salient themes and dispositive facts, particularly given the dereliction of mainstream media.

    On Monday, the House Judiciary Committee released a report on how the Cybersecurity and Infrastructure Security Agency (CISA) “colluded with Big Tech and ‘disinformation’ partners to censor Americans,” adding to the informational firehose we work to imbibe. 

    The 36-page report raises three familiar issues: first, government actors worked with third parties to overturn the First Amendment; second, censors prioritized political narratives over truthfulness; and third, an unaccountable bureaucracy hijacked American society. 

    1. CISA’s Collusion to Overturn the First Amendment

    The House Report reveals that CISA, a branch of the Department of Homeland Security, worked with social media platforms to censor posts it considered dis-, mis-, or malinformation. Brian Scully, the head of CISA’s censorship team, conceded that this process, known as “switchboarding,” would “trigger content moderation.”

    Additionally, CISA funded the nonprofit EI-ISAC in 2020 to bolster its censorship operations. EI-ISAC worked to report and track “misinformation across all channels and platforms.” In launching the nonprofit, the government boasted that it “leverage[d] DHS CISA’s relationship with social media organizations to ensure priority treatment of misinformation reports.” 

    The switchboard programs directly contradict sworn testimony from CISA Director Jen Easterly. “We don’t censor anything… we don’t flag anything to social media organizations at all,” Esterly told Congress in March. “We don’t do any censorship.” Her statement was more than a lie; it omitted the institutionalization of the practice she denied. The agency’s initiatives relied on a collusive apparatus of private-public partnerships designed to suppress unapproved information. 

    This should sound familiar.

    Alex Berenson gained access to thousands of Twitter communications that uncovered concrete evidence that government actors – including White House Covid Advisor Andy Slavitt – worked to censor him for criticizing Biden’s Covid policies.

    White House Director of Digital Strategy Rob Flaherty privately lobbied social media groups to remove a video of Tucker Carlson reporting the link between Johnson & Johnson’s vaccine and blood clots.

    Facebook worked with the CDC to censor posts related to the Covid “lab-leak” hypothesis. Company employees later met with the Department of Health and Human Services to de-platform the “disinformation dozen,” a group including Robert F. Kennedy, Jr.

    These were not cherry-picked examples – they were part of an institutional collusion to strip Americans of their First Amendment rights. Journalists Michael Shellenberger and Matt Taibbi exposed the “Censorship Industrial Complex,” a collection of the world’s most powerful government agencies, NGOs, and private corporations that worked together to silence dissent. 

    The Supreme Court has held that it is “axiomatic” that the government cannot “induce, encourage, or promote private persons to accomplish what it is constitutionally forbidden to accomplish.” Yet, CISA has joined the disturbing tendency of public-private partnerships designed to impede Americans’ right to information and freedom of speech. 

    2. Political Operatives

    Second, these programs were not idealistic attempts to promote the truth; they were calculated programs designed to quash inconvenient but truthful narratives.

    The report outlines how CISA censored “malinformation – truthful information that, according to the government, may carry the potential to mislead.” Journalist Lee Fang later wrote that the malinformation campaign “highlights not only the broad authority that the federal government has to shape the political content available to the public, but also the toolkit that it relies upon to limit scrutiny in the regulation of speech.” 

    In this system, uncensored information has a tacit government approval, amounting to a system of widespread propaganda.

    “State and local election officials used the CISA-funded EI-ISAC in an effort to silence criticism and political dissent,” the report notes. “For example, in August 2022, a Loudon County, Virginia, government official 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. The Loudon County official’s remark that the account she flagged ‘is connected to Parents Against Critical Race Theory’ reveals that her ‘misinformation report’ was nothing more than a politically motivated censorship attempt.”

    The officials supporting the operation remained unrepentant in their aim to advance political agendas. Dr. Kate Starbird, a member of CISA’s “Misinformation & Disinformation” subcommittee, lamented that many Americans seem to “accept malinformation as ‘speech’ and within democratic norms.” 

    Of course, the program explicitly violated the Constitution. The First Amendment does not discriminate based on the veracity of a statement. “Some false statements are inevitable if there is to be an open and vigorous expression of views in public and private conversation,” the Supreme Court’s controlling opinion held in United States v. Alvarez. But CISA – led by zealots like Dr. Starbird – appointed themselves the arbiters of truth and worked with the most powerful information companies in the world to purge dissent. 

    This was part of a larger political campaign. 

    Hunter Biden’s laptop, natural immunity, the lab-leak theory, and side effects of the vaccine were all censored at the government’s behest. The truth of the reports were not at issue; instead, they presented inconvenient narratives for Washington’s political class, who then used the Orwellian label of “malinformation” to lend cover to eviscerating the First Amendment. 

    3. The Terror of the Administrative State

    Third, the report exposes the increasing power of the administrative state. Federal bureaucrats rely on anonymity and unaccountability. Private industry employees could never oversee a disaster like the Covid response and maintain their jobs. It’d be like if BP’s head of safety for the Gulf of Mexico received a promotion after the oil spill. 

    But unelected officilals like CISA officials enjoy ever-increasing power over Americans’ lives without having to answer for their calamities. Suzanne Spaulding, a member of the Misinformation & Disinformation Subcommittee, warned that it was “only a matter of time before someone realizes we exist and starts asking about our work.” 

    Spaulding’s comment reflects the power that CISA wields and the benefit it derives from its lack of public exposure. Most Americans have never heard of CISA despite its overwhelming influence over lockdowns. 

    In March 2020, CISA divided the American workforce into categories of “essential” and “nonessential.” Within hours, California became the first state to issue a “stay at home” edict. This began a previously unimaginable assault on Americans’ civil liberties. 

    The House Report indicates that CISA was a central actor in censoring criticism of the Covid regime in the ensuing months and years. The agency is representative of the cabal of censorial and unaccountable officials engaged in public-private partnerships designed to keep us in the dark.

    Tyler Durden
    Mon, 07/03/2023 – 20:00

  • FAA Greenlights "Limited" Flight Operations For SpaceX-Backed Flying Car
    FAA Greenlights “Limited” Flight Operations For SpaceX-Backed Flying Car

    About eight months ago, we penned a note titled “Forget Musk’s Tunnels, Early Tesla Investor Seeds First-Ever eVTOL Car.” And come to find out, the flying car SpaceX-backed mobility firm Alef Aeronautics has received a Special Airworthiness Certification from the U.S. Federal Aviation Administration, marking the first time any vehicle of its kind has received legal approval to fly from the federal government. 

    Alef Aeronautics’ “Model A” flying car was revealed to the public in October 2022. The FAA’s limited Special Airworthiness Certification means the 100% electric flying car that can drive on the street and take off vertically when needed can be “used for limited purposes, including exhibition, research, and development,” an FAA spokesperson told Fox Business.

    “We’re excited to receive this certification from the FAA. It allows us to move closer to bringing people an environmentally friendly and faster commute, saving individuals and companies hours each week. This is a one small step for planes, one giant step for cars,” said Jim Dukhovny, CEO of Alef.

    FAA officials are developing policies for electrical vertical takeoff and landing (eVTOL) vehicles, as well as regulations and ground infrastructure. 

    Last month, the FAA proposed a new rule requiring eVTOL operators to train and become certified pilots. This implies all these new eVTOLs that will be on the market in the coming years will likely require the operator to have some form of a pilot’s license. 

    “These proposed rules of the sky will safely usher in this new era of aviation and provide the certainty the industry needs to develop,” said Acting Associate Administrator for Aviation Safety David Boulter.

    The FAA emphasized, “New rules are necessary because many of the proposed aircraft take off and land like a helicopter but fly enroute like an airplane.” These proposed rules will allow “certainty to pilots and the industry on what the requirements and expectations will be to operate these aircraft once it is finalized,” the agency continued. 

    What will happen as eVTOLs become more affordable and the FAA lays the groundwork to ensure the airspace is ready for these vehicles is a surge in demand for pilot school classes as this mode of transportation will revolutionize travel. 

    Those who put preorders down for the Model A can expect delivery of the vehicles in 2025, according to USA Today. 

    We wonder if the vehicle will be equipped with Tesla’s North American Charging Standard (NACS) port. The answer is probably ‘Yes.’ 

    Tyler Durden
    Mon, 07/03/2023 – 19:30

  • El Dorado County Group Mulls Secession From California
    El Dorado County Group Mulls Secession From California

    Authored by Jill McLaughlin via The Epoch Times,

    Frustrated by what they call a lack of representation, some residents of El Dorado County, east of Sacramento, are exploring a plan to split from the Golden State and form their own state.

    If enough residents support the idea, the Republic for El Dorado State group will take the matter directly to Congress, bypassing the state Legislature that has squashed numerous past attempts.

    “We’re trying to find a way for it to happen without having to go to California on our knees, begging for them to release us. Because we know they will not,” one of the organizers, Sharon Durst, told The Epoch Times.

    The county encompasses about 1,800 square miles along the Sierra Nevada and includes South Lake Tahoe, Placerville, Pollock Pines, Fallen Leaf, Meeks Bay and many other small towns and villages.

    Today, the rural county of less than 200,000 people attracts tourists to its wine country and recreational offerings.

    (Google Maps/Screenshot via The Epoch Times)

    According to the website for the group, “The residents of El Dorado County have no local state or congressional representation. None of the state or federal representatives that serve El Dorado County, live in El Dorado County.”

    They also say the “invasion” at the state’s border, sanctuary policies, and rampant crime violate the county’s rights.

    The group has only officially met once in May but are planning to hold another town hall July 10.

    If allowed to secede, El Dorado State could create its own constitution and a style of living that the locals want, according to Durst.

    Their interpretation of California’s Constitution guarantees them a republican form of government, meaning their voice should be represented—but this isn’t happening, Durst said. For example, their state senator in District 4, which stretches across 13 counties, Sen. Marie Alvarado-Gil (D-Jackson), represents around 1 million residents.

    The group also argues they are guaranteed to have Congress help them with foreign invasions and domestic violence, both of which are rampant in the state with the influx of undocumented immigrants and skyrocketing crime, Durst said.

    “Right now, people are leaving California, but we don’t want to leave our homes, we don’t want to leave what we’ve built. We just want to leave California,” she said.

    People carry skis as they walk towards a resort in South Lake Tahoe, Calif., on March 21, 2023. (Justin Sullivan/Getty Images)

    Making Economic Sense

    Former county supervisor Ray Nutting, who was arrested in 2013 and later acquitted of charges related to receiving state grants, is helping to organize the economics side of the plan.

    “We have an economic base that is renewable in terms of agriculture, tourism, and water supply,” he told The Epoch Times.

    “We are very blessed in terms of who we are in El Dorado County, and our tax base absolutely will be enough to deliver critical services.”

    He sees taxes going down for residents if they split from California. The state’s income, sales, and gas taxes are some of the highest in the nation. Those are on top of assorted fees for electricity usage, businesses, climate action, and many other fees and charges.

    A recent increase in the state’s housing regulations and mandates requiring low-income housing and high-density developments are also expensive, Nutting said.

    Nutting’s children are fifth-generation ranchers, and he has taught them to care for the land, he said.

    “We have a chance to take care of the land better than the state of California,” Nutting said.

    The proposed secession would hinge on Article 4, section 3, clause 1, which provides the process of forming new states. This article—sometimes called the Admissions Clause—declares no state can be formed within the jurisdiction of any other state without the consent of the Legislatures of the states and Congress.

    This is sometimes called the “Admissions Clause,” but Durst calls it the “Hostage Clause,” because it holds the people who are unhappy with their current situation hostage, she said.

    Traffic flows along Highway 50 in South Lake Tahoe, Calif., on Sept. 5, 2021. (Jane Tyska/Bay Area News Group via AP)

    The second clause—Article 4, section 3, clause 2—states that Congress shall have the power to dispose of and make all needful rules and regulations respecting the territory or other property belonging to the United States.

    The group points to the fact that 46 percent of the land in El Dorado County is federal forest land, and the county was formed before the state. Nutting said he believes the county could use this clause to go straight to Congress, although he said they will have to obtain expert legal advice at some point.

    Law Professor Disagrees

    Margaret Russell, a law professor at Santa Clara University and constitutional law expert, said this language does not allow counties to go directly to Congress.

    “I think this is a non-starter of an argument for them,” Russell told The Epoch Times.

    There’s no such thing as a county in the constitutional structure, she added. “They derive their power from the state.”

    The U.S. Constitution doesn’t say anything about the role of counties and makes it clear the state is the relevant stakeholder, she said.

    As for representation, the state mirrors the structure of Congress. This allows representation based on population and representation in the Senate based on equalizing power across the government, according to Russell.

    Pioneering Spirit

    The group is circulating a survey to find out how many of their neighbors support the idea. So far, they have received positive feedback and few negative comments, according to Durst. They expect to take about a year to organize what they need to petition Congress, she said.

    “So many of these ‘separate from California‘ movements linger on and on, and we don’t want to do that,” Durst said. “We want to know fairly quickly, do the people of [El Dorado County] see an advantage to leaving California as a new state.”

    Bill Roberts holds an American flag in front of his house in South Lake Tahoe, Calif., on Aug. 31, 2021. (Terry Chea/AP Photo)

    The group’s trailblazing spirit is reminiscent of the efforts made by forefathers of the region, who came out west seeking riches during the Gold Rush of the late 1840s and early 1850s, she said.

    “We still have that pioneer spirit in El Dorado County,” Durst said.

    Her great-great grandmother arrived in the county in a covered wagon, she said. Durst was born just west of the area in Sutter County and moved back after she retired from her job in Sacramento.

    The secession isn’t about politics—Durst isn’t a Republican or a Democrat. The state has always been too big, she said.

    “The Declaration [of Independence] gave us freedom and liberty from King George, and we want freedom and liberty from the state of California,” Durst said.

    Talk of splitting up the Golden State has been floated many times before this, reaching back to when the territory first became a state in 1850. At least 220 attempts to break up the nation’s third-largest state have failed, according to the California State Library.

    Residents of a cluster of rural northern California and southern Oregon counties have repeatedly attempted to form a “State of Jefferson” due to concerns over logging, mining, and agricultural industries. In 2013, two northern California counties—Siskiyou and Modoc—voted in favor of beginning plans to secede and create the State of Jefferson.

    In the 1990s, the late California Assemblyman Stan Statham, a Republican from Redding, advocated for dividing California into three states.

    Tyler Durden
    Mon, 07/03/2023 – 19:00

  • Michigan Hate Speech Bill Would Make Using Wrong Pronouns A Felony With $10K Fine, Prison Time
    Michigan Hate Speech Bill Would Make Using Wrong Pronouns A Felony With $10K Fine, Prison Time

    A new hate speech bill passed by the Michigan House of Representatives, HB 4474, would criminalize causing someone to feel threatened by words – including misusing someone’s desired pronouns.

    Under HR 4474, hate crime penalties would apply for causing someone to “

    If convicted, offenders could face up to five years in prison for such a felony, or a fine of up to $10,000.

    According to the bill, “intimidate” is defined as “a willful course of conduct involving repeated or continuing harassment of another individual that would cause a reasonable individual to feel terrorized, frightened, or threatened, and that actually causes the victim to feel terrorized, frightened, or threatened.”

    The bill also considers “sexual orientation” and “gender identity expression” as a protected class.

    Gender identity expression, according to the language of the bill, “means having or being perceived as having a gender-related self-identity or expression whether or not associated with an individual’s assigned sex at birth.”

    Critics say it’s absurd

    The state of Michigan is now explicitly allowing the gender delusion issue to be used as a ‘protected class.’ This opens up numerous issues when it comes to the courts and the continued weaponization of the system against conservatives,” said State Rep. Angela Rigas, adding “We saw similar concerns when they wanted to pass blocks on ‘conversion’ therapy. It seems Dems want to be in the business of telling people how to think.”

    The bill, passed by a 59-50 vote in the Democrat-controlled House, now moves to the state Senate for consideration. If passed, it will move to the desk of Gov. Gretchen Whitmer, who is expected to sign it.

    Tyler Durden
    Mon, 07/03/2023 – 18:30

  • Now Calls Mount For Beijing To Load Up On Debt
    Now Calls Mount For Beijing To Load Up On Debt

    By Charlie Zhu and Helen Sun, Bloomberg Markets Live reporter and analysts

    1. A rising number of economists are calling for more borrowing by the central government to shore up the economy. Given mounting debt levels at households, corporates and local authorities, it’s appropriate for the Ministry of Finance to issue more notes and support infrastructure investment, they say.

    China can sell long-term construction sovereign bonds, said Luo Zhiheng, chief economist at Yuekai Securities Co. This will help offset inadequate domestic demand, and at the same time ensure there are enough fiscal funds to support lower-income parts of the population, according to a report.

    He joined Citic Securities Co.’s Ming Ming, who in May pointed to higher central government borrowing as one of three areas that can achieve policy breakthroughs this year. Its leverage ratio was 21.4% at end-2022, lower than that of local governments and many major economies, Ming wrote in a note at the time.

    Deleveraging over the past few years has hit the private sector — the most vibrant part of the economy — hard, Xu Gao, chief economist at Bank of China International Ltd., wrote in a note. China’s growth has been in a downtrend over the last few years, shattering market confidence, so it’s necessary to steer the economy back onto the right track, he said.

    2. Policy constraints seem to be the reason why Beijing delayed announcing a forceful stimulus package. A high debt level is one of the factors that limit China’s options, said Zhu Min, a former IMF deputy managing director. Jin Keyu, economics professor at LSE, said even a stimulus plan in the trillions of yuan may only have a moderate impact on the economy.

    While the People’s Bank of China cut policy rates in June, further lowering the interest rates won’t effectively do much to reduce household savings or boost corporate investments, Sheng Songcheng, former head of the statistics and analysis department at the central bank, wrote in an article on China Business News. China needs more innovative measures and reforms to boost market confidence, he said.

    3. Investors have become impatient waiting for effective measures. While the government is poised to boost consumption and hence help the economic recovery, the Shanghai Composite Index of shares dropped below the 200-day moving average to a five-month low.

    The yuan accelerated its decline toward the low in the fourth quarter last year, even though the central bank repeatedly used the daily reference rate to slow depreciation. The currency also fell to levels not seen since early 2021 against its peers..

    The yield on the one-year sovereign note, a barometer of liquidity in the financial system, capped the biggest quarterly fall since the pandemic began, signaling credit demand is faltering.

    Tyler Durden
    Mon, 07/03/2023 – 18:00

  • AI Companies Negotiate Landmark Deals To Train Chatbots On MSM News
    AI Companies Negotiate Landmark Deals To Train Chatbots On MSM News

    When the creators of AI chatbots such as ChatGPT or Google’s Bard want to ‘teach’ them about the world in order to accurately answer questions, they use various news and social media sources to ‘scrape’ content which then ‘trains’ said models. This is why Twitter owner Elon Musk just began throttling accounts which consume a massive amount of content on a daily basis – as it became a free and valuable resource for engineers.

    It’s also why AI can be ‘woke’ – as it all depends on the data it’s being trained on, which as we’ve seen, can bias the chatbot towards the political ideology of its creators (for which loopholes were quickly discovered).

    Now, the Financial Times reports that the world’s largest tech companies are negotiation with major media outlets to strike landmark deals for the use of news content to train AI chatbots.

    These people said that publishers including News Corp, Axel Springer, The New York Times and The Guardian have each been in discussions with at least one of the tech companies.

    Those involved in the discussions, which remain in the early stages, added that the deals could involve media organisations being paid a subscription-style fee for their content in order to develop the technology underpinning chatbots such as OpenAI’s ChatGPT and Google’s Bard.

    The talks come as media groups express concern over the threat to the industry posed by the rise of AI, as well as fears over the use of their content by OpenAI and Google without deals in place. Some companies such as Stability AI and OpenAI are facing legal action from artists, photo agencies and coders, who allege contractual and copyright infringement. -FT

    According to News Corp CEO Robert Thomson, the media industry’s “collective IP is under threat,” for which news outlets should “argue vociferously for compensation.”

    In short – use their content to train your AI without paying, get sued.

    Current discussions have revolved around a pricing model in the $5 million to $20 million per year level, according to one industry exec.

    According to Thomson, AI was “designed so the reader will never visit a journalism website, thus fatally undermining that journalism.”

    The negotiations, if successful, would establish a blueprint for news organizations dealing with generative AI companies worldwide.

    “Copyright is a crucial issue for all publishers,” said the FT, which is also in negotiations over the matter. “As a subscriptions business, we need to protect the value of our journalism and our business model. Engaging in constructive dialogue with the relevant companies, as we are, is the best way to achieve that.”

    According to the report, media industry executives want to avoid the pitfalls of the early internet, when they undermined their own business models by giving away so much news for free, while Big Tech companies such as Google and Facebook then accessed that information to grow their multibillion-dollar advertising platforms.

    Google recently announced an AI search option, which provides users with an information box above its traditional list of web links. The company has been leading the negotiations with UK news outlets, Guardian and NewsUK – two of many such outlets that parent company Alphabet has existing relationships with.

    According to Mathias Döpfner, CEO of Politico-owned Axel Springer, the industry should create a “quantitative” model similar to that used by the music industry to allow nightclubs and streaming services to pay record labels each time a track is played. This would require AI companies to agree to disclose internal metrics on media content usage, which they don’t currently do.

    “We need an industry-wide solution,” said Döpfner, adding “We have to work together on this.”

    Döpfner, whose Berlin-based media company also owns the German tabloid Bild and the broadsheet Die Welt, said an annual agreement for unlimited use of a media company’s content would be a “second best option”, because that model would be harder for small regional or local news outlets to take advantage of. -FT

    “Google has put a licensing deal on the table,” said one executive at a newspaper group. “They have accepted the principle that there needs to be payment . . . but we have not got to the point of talking zeros. They have acknowledged that there is a money conversation that we need to have over the next few months, which is the first step.”

    That said, Google called the report over a potential licensing deal ‘not accurate,’ adding that it’s “very early days and we’re continuing to work with the ecosystem, including news publishers, to get their input.”

    According to Google, they’re in “ongoing conversations” with news outlets, both large and small, in the US, UK and Europe, while it’s Bard AI is being trained on “publicly available information,” which could include paywalled websites.

    Developing a financial model will likely be extremely difficult according to publishing leaders. Senior executives at one major publisher said that the news industry was ‘working retroactively’ because tech companies had launched these products – which scrape their content – without a heads up.

    “There was no discussion, and so now we have to try to get paid after it happened,” said one executive. “The way they launched these products, the total secrecy, the fact that there is zero transparency, no communication before it happened, there’s reasons to be pretty pessimistic.”

    Tyler Durden
    Mon, 07/03/2023 – 17:30

  • "The World Is Laughing At Us": U.S. Army Shares Story Of Suicidally Depressed Transgender Major
    “The World Is Laughing At Us”: U.S. Army Shares Story Of Suicidally Depressed Transgender Major

    Authored by Steve Watson via Summit News,

    As part of a ‘Pride’ celebration, The U.S. Army shared to social media the story of a transgender Major who now identifies as a woman after previously being suicidally depressed.

    The DoD tweeted the following post linking to the story of Maj. Rachel Jones, claiming ‘she’ has ’embraced authenticity’ and should ‘inspire us all’ after becoming head of the U.S. Army Sustainment Command’s Cyber Division:

    https://platform.twitter.com/widgets.js

    https://platform.twitter.com/widgets.js

    https://platform.twitter.com/widgets.js

    https://platform.twitter.com/widgets.js

    What a stunning and brave message to send to America’s military enemies.

    This comes on the heels of ‘Admiral’ Rachel Levine, The Biden administration’s transgender Assistant Secretary for Health, declaring that puberty blockers and transgender surgeries are necessary to stop kids killing themselves.

    Levine also decreed that Pride should now last the entire Summer, during a weird groomer type ‘interview’ with a trans child.

    The weirdness prompted Tucker Carlson to respond, “Few Americans in our history have come as far as Rick Levine. Here’s a fat guy in a Halloween costume who somehow became the federal health minister.”

    “What we have here is living proof that in this country, you really can be whatever you want to be,” Carlson continued, adding “If Rick Levine can become ‘Admiral Rachel,’ why can’t you be Napoleon? Or Lord Mountbatten, the last viceroy of India? Ever see that guy’s uniform?”

    The point of Rick Levine’s amazing transformation is not to free you from the inflexible husk that you were born in, so you can be more fully yourself, whatever you decide that is. No, that’s not the point,” Carlson said, adding “Rick Levine’s personal journey has nothing to do with you. It’s about him, it’s his journey. Your fantasies about becoming something totally new and different have not been approved yet. In fact, they’re weird.”

    “Shut up and be proud of Admiral Rachel,” he continued, further noting “She’s the one who has smashed glass ceilings, and you’ve just got some kind of weird fetish. So actually, now that we’re saying this out loud, it’s pretty clear that Rick Levine has no interest in liberating you from anything. This is not about liberation, it’s just the opposite. It’s just another religious war, same as all the others. The people who think they’re God versus everybody else.”

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    Tyler Durden
    Mon, 07/03/2023 – 17:00

  • More Dedollarization: Indian Refiners' Payments To Russia, Argentina Payment To IMF Both In Yuan
    More Dedollarization: Indian Refiners’ Payments To Russia, Argentina Payment To IMF Both In Yuan

    The world continues to chisel away at the dollar’s reserve status.

    In the first of the two most recent examples of how non-western nations plan to avoid the weaponized dollar, late last week Argentina made a loan repayment to the International Monetary Fund worth the equivalent of $2.7 billion “without using dollars” on Friday, using Chinese yuan and special-drawing rights notes instead, Reuters reported.

    The operation is expected to deplete Argentina’s $1.65 billion in SDRs, according to a central bank source, “with yuan making up the difference.” While Reuters’ take home message here is that the “use of yuan underscores how desperate the country’s dollar position has become”, an alternative conclusion is that when it comes to international obligations – at least as far as the IMF is concerned – the yuan is as good as the greenback, an observation that will make China quite happy.

    As a result of the payment, Argentina’s foreign currency reserves saw a sharp decrease to around $27.933 billion for end-June, the same source told Reuters, bringing foreign reserves to their lowest since March 2016. Still, the move gave a boost to Argentina’s markets on the last day of the month, which overall in June saw the stock index tick up nearly 25% and bonds up almost 13%.

    Both parties are now locked in talks to speed up disbursements from their $44 billion program and ease economic targets, as a major drought continues to hammer vital grains exports.

    Argentina’s economy ministry said a team will travel to Washington early next week to continue negotiations.

    “IMF staff and the Argentine authorities will continue to advance their work in the coming days, with the aim of reaching agreement on the fifth review of the Fund-supported program,” the fund said separately on Friday, after a “standard informal Executive Board briefing on Argentina” was held Thursday.

    But wait, there’s more.

    Indian refiners have also begun paying for some oil imports from Russia in Chinese yuan, Reuters also reported citing “sources with direct knowledge of the matter” as Western sanctions force Moscow and its customers to find alternatives to the dollar for settling payments.

    In other words, it is the weaponization of the dollar that is forcing the world to find alternative to – drumroll – the dollar, something we have been warning would happen ever since Russia was effectively blacklisted and targeted by the entire dollar-based monetary platform.

    And just in case there is still some confusion about the long-term viability of the petrodollar, China has also switched to the yuan for most of its energy imports from Russia, which overtook Saudi Arabia to become China’s top crude supplier in the first quarter this year.

    “Some refiners are paying in other currencies like yuan if banks are not willing to settle trade in dollars,” said an Indian government source.

    Indian Oil Corp, the country’s biggest buyer of Russian crude oil, in June became the first state refiner to pay for some Russian purchases in yuan, three sources familiar with the matter said. At least two of India’s three private refiners are also paying for some Russian imports in yuan, two other sources said.

    According to Reuters, it could not immediately be determined how much Russian oil Indian refiners have bought with yuan, although Indian Oil has paid in yuan for multiple cargoes.

    The rise in yuan payments has given a boost to Beijing’s efforts to internationalise its currency, with Chinese banks promoting its use specifically for Russian oil trade.

    Since the imposition of sanctions on Moscow, Indian refiners have mostly bought Russian crude from Dubai-based traders and Russian oil companies such as Rosneft, the Litasco unit of Russian oil major Lukoil, and Gazprom Neft, according to shipping data compiled by Reuters.

    Indian refiners have also settled some non-dollar payments for Russian oil in the United Arab Emirates’ dirham, sources have said.

    “First preference is to pay in dollars but refiners sometimes pay in other currencies such as dirham and yuan when sellers ask them,” said the government source, who did not elaborate further and declined to identify any Indian companies paying in yuan for Russian oil.

    Reuters previously reported in March that India had asked banks and traders to avoid using the yuan to pay for Russian imports because of long-running political differences with China. And while it was not immediately clear whether recent purchases represent a change in that view, clearly this “directive” is now being ignored as US influence in the region wanes with every passing day.

    Furthermore, India’s imports from Russia rose to a record in May, with Russian crude oil accounting for 40% of India’s overall oil imports compared with 16.5% a year earlier, denting purchases from Iraq and Saudi Arabia.

    While Western sanctions against Moscow are not recognized by India and its purchases of Russian oil may not violate them, Indian banks are wary of clearing payments for such imports:

    • In May, State Bank of India, the country’s top lender and a key banker for state refiners, rejected IOC’s planned payment in dollars for a cargo delivered by Rosneft, two sources said. The cargo was loaded on tanker NS Bora, handled by Dubai-based Sun Ship Management, an entity connected to Russia’s largest state shipping company, Sovcomflot, which the European Union sanctioned in February and the United Kingdom in May.
    • In June, IOC used ICICI Bank (ICBK.NS), a private-sector Indian lender, to settle this trade with Rosneft by paying in yuan to Bank of China (601988.SS), two sources with direct knowledge of the matter said. One private refiner has also been using the same mechanism for payments for Russian oil, one of the sources said.

    Since then, IOC has used the same method to pay with yuan for other cargoes from Rosneft, one of the sources with direct knowledge of the matter said.

    “Whenever IOC will face problems it would push for payment in yuan,” the person said, adding that IOC had asked Rosneft to consider supplying oil in vessels not managed by sanctioned entities.

    Another state refiner, Bharat Petroleum Corp Ltd (BPCL.NS), is also exploring yuan payment for Russian oil, a separate source said.

    “Many traders (sellers) are insisting for yuan payments,” the source said.

    That pretty much says it all.

    Tyler Durden
    Mon, 07/03/2023 – 16:30

  • Former Anheuser-Busch Executive Asks Current CEO To Step Down: "He's Been Paralyzed"
    Former Anheuser-Busch Executive Asks Current CEO To Step Down: “He’s Been Paralyzed”

    Authored by Frank Fang via The Epoch Times (emphasis ours),

    A former Anheuser-Busch executive is calling on Brendan Whitworth, the beer company’s U.S. chief executive officer, to step down from his position over his handling of Bud Light’s partnership with transgender influencer Dylan Mulvaney.

    Anson Frericks, who once was president of sales and distribution for Anheuser-Busch, wrote in a column published by The Daily Mail on July 1 that Whitworth “has clearly shown himself to be incapable of solving the Mulvaney crisis.”

    He’s had multiple chances and he’s failed,” Frericks wrote. “It’s time he did the right thing and stepped aside to make way for someone capable of righting the sinking Bud Light ship.”

    Cans of Bud Light chill in a refrigerator in Oakland, Calif., on April 28, 2023. (Jeff Chiu/AP Photo)

    The controversy surrounding Bud Light started in April after the company rolled out a personalized beer can featuring the face of Mulvaney. The marketing fiasco has cost Bud Light billions in sales and the beer company lost its top position in the U.S. beer market in May, dethroned by Modelo Especial.

    “After all, the beer company’s decision to make trans-activist Dylan Mulvaney the face of Bud Light has cost a staggering $20 billion–and counting–in lost market cap value,” Frericks wrote.

    Mulvaney

    Frericks criticized Anheuser-Busch for giving a “weak and indecisive” response recently, following Mulvaney’s outcry slamming Bud Light for failing to provide support amid the backlash. Frericks added, “Mulvaney did something Whitworth should have had the wisdom to do weeks ago–cut ties.”

    Mulvaney, in an Instagram video published on June 29, said, “For a company to hire a trans-person and then not publicly stand by them is worse, in my opinion, than not hiring a trans-person at all because it gives customers permission to be as transphobic and hateful as they want.”

    In response to Mulvaney’s remarks, Anheuser-Busch said, “We remain committed to the programs and partnerships we have forged over decades with organizations across a number of communities, including those in the LGBTQ+ community,” without mentioning Mulvaney by name.

    “As we move forward, we will focus on what we do best—brewing great beer for everyone and earning our place in moments that matter to our consumers,” Anheuser-Busch added.

    “What does that mean?” Frericks asked about Anheuser-Busch’s response. “Absolutely nothing. And it will only deepen the chasm between the brand and its customers.

    “As such—and I take no pleasure in passing this judgement—it’s clear to me that it’s time for the shareholders and board of Anheuser-Busch to ask Whitworth to step down.”

    Read more here…

    Tyler Durden
    Mon, 07/03/2023 – 16:00

  • China Announces Export Controls On Two Metals Used In Chips, Citing "National Security"
    China Announces Export Controls On Two Metals Used In Chips, Citing “National Security”

    China announced export controls on two rare earth metals, gallium and germanium, starting on August 1. According to the Ministry of Commerce, the move is to “safeguard national security and interests.”

    The Ministry of Commerce said Gallium-related items and germanium-related items are prohibited from export unless a license is obtained: 

    “Export operators should go through export licensing procedures in accordance with relevant regulations, submit an application to the Ministry of Commerce through the provincial commerce department, fill out the application form for export of dual-use items and technologies and submit the following documents.”

    The ministry continued by saying the metals have a “major impact on national security,” which is the reason for tighter export controls. 

    What’s most alarming is China controls the world’s processing and refining of rare earth metals. These metals have become essential for producing electric vehicles, wind turbines, solar panels, and high-tech defense weapons. 

    Gallium is most common in semiconductors, transistors, and small electronic devices. It’s also used to make LEDs. As for military-grade Gallium Nitride, it’s found in cutting-edge weapon technology that US defense companies produce.

    Three of the most common uses for germanium are rectifiers, transistors, and weapons-sighting systems.

    Here’s a breakdown of rare earth metals used in US defense weapons. 

    Meanwhile, China has already placed Lockheed Martin and a unit of Raytheon Technologies on an “unreliable entities list” over weapon sales to Taiwan. 

    Suppose China intends to limit the export of rare earth metals crucial for manufacturing high-tech chips for the US defense industry. In that case, this is a major wake-up call to the military-industrial complex that would need to quickly rejigger its supply chains and or boost domestic spending to increase mining and refining capabilities. 

    The ministry’s move is likely a response to the Biden administration’s chip crackdown in recent weeks and months. 

    Tyler Durden
    Mon, 07/03/2023 – 15:30

  • You Won't Fix Racism With More Racism
    You Won’t Fix Racism With More Racism

    Authored by H.P. Smith via AmericanThinker.com,

    Let’s be honest: the Diversity Hire does no one any good…least of all the Diversity Hire.  Last week’s SCOTUS decision to do away with race-based Affirmative Action policies in higher education finally took a step towards fixing a grievous wrong.  

    But if you listen to Senator Elizabeth Warren (infamously known as Fauxcahontas, Lie-Awatha, and Sitting B——-), what happened is that the “extremist” Supreme Court “rolled back the march toward racial justice, and narrowed educational opportunity for all.”  For that comment, she was deservedly roasted on Twitter.  I won’t spoil the fun…go check it out!

    In Warren’s mind, ending the blatant discrimination against historically higher-achieving Asians and whites (sorry, just the facts) means marching away from racial justice.  Evidently, “racial justice” means fighting racism with even more blatant racism, as long as that racism helps out whichever protected group is in favor today. 

    Warren benefited from these racist policies by being employed at Harvard Law for over twenty years because she claimed to be “American Indian,” so why wouldn’t she support affirmative action?  Ironically, she had to cheat in order to get ahead as a boring old white chick, even back then.  Further irony is that Warren presumably took the place that Harvard’s quota system had set aside for an actual Native American!

    Why are race and other quotas for higher education such a terrible thing?  Isn’t it nice to be able to give someone who is under-privileged the opportunity to go to a prestigious and expensive university like Harvard?  Shouldn’t we be looking to give a chance to achieve excellence?  Of course we should.  And we are, through scholarships, grants, and student loans to allow for those who are economically less capable to be able to attain higher education.  We shouldn’t be lowering the bar for entrance so that we can check off boxes and boast that “now we have one in every color!”  And virtue-signal our enlightenment in today’s upside-down world.

    Here is what actually happens when you lower the standards of a university like Harvard in order to artificially boost your diversity numbers.  If your standard results in a very low percentage of black or Hispanic students being qualified for acceptance at Harvard, such that a larger percentage of white or Asian students are accepted, where does the fault lie?

    A) With the students?

    B) With their parents? 

    C) With their high school?

    D) With Harvard?

    In a world with any personal accountability, the answer is “A, B and/or C.”  But in our racially charged Bizarro World, the fault lies with Harvard; asking a lot of those who attend a once-great institution is clearly racist.  And clearly the solution is more racism.

    So Harvard and hundreds of other schools simply lower the bar.  Problem solved, right?  Those Asian smarties can always go to Yale, Dartmouth, or maybe (gasp) Brown, right?  A new generation of black and Hispanic students can now enjoy the benefits that all those over-privileged white kids have had for decades.  Except that perhaps when the under-qualified student gets to Harvard, maybe he can’t keep up…or he’s passing, but just barely…or even failing.  We can’t have that!  It would show the obvious fault in the logic that the only problem was getting into the fancy college.

    The next illogically logical step is to lower the grading standards…or the difficulty level for the curriculum itself.  Now those Cs jump up to As, and everyone is happy again, right?  Harvard can boast that it graduated the highest number of whatever group is in the current cultural spotlight.  Yay!

    Except not “yay.”  Since they have dumbed down the qualifications to get into, perform at, and graduate from Harvard, the once highly valued degree is now essentially meaningless.  No one, including the student, will ever know whether he actually achieved anything.  Once he graduates and moves into the post-academic “real world,” he is doing so with a watered down education, and also heading into a world that is increasingly indulging the same woke nonsense.  Companies are now increasingly hiring candidates on the basis of skin color, gender (real or imagined), and sexual orientation rather than, you know, actual qualifications for the job in question.

    “Big deal!” you might say.  “Where’s the harm?  We’re just giving people an opportunity to succeed in a patriarchal system full of systemic racism!”  The Big Deal is that maybe that person who has been artificially helped through the system is flying your 747, performing your medical procedure, running your company, or being appointed to the Supreme Court of the United States.  People who are actually qualified will have opportunities taken away from them in favor of people who are not, and those unqualified people will not only do damage to the world around them, but also do damage to themselves. 

    The end result of affirmative action is generations of people who can never know if they accomplished anything on their own merits or were simply handed things based on their race or superficial characteristics.  Never.

    Tyler Durden
    Mon, 07/03/2023 – 15:05

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