Feb 182025
 
 February 18, 2025  Posted by at 11:25 am Finance Tagged with: , , , , , , , , , , ,  Add comments


René Magritte The muscles of the sky 1927

 

“This Might Be The Biggest Fraud In History” (ZH)
Musk’s DOGE Seeking Access To IRS Taxpayer Data (RT)
DOGE Is Right To Defang the CFPB (RCW)
The Genius of the DOGE Exposures (AmG)
US, Russia Hold Peace Talks In Saudi Arabia Without Ukraine (ZH)
US-Russia Meeting In Riyadh Will ‘Have No Results’ – Zelensky (RT)
Ukraine Has No Bargaining Power in US-Russia Peace Talks (Sp.)
Macron’s Ukraine Summit A Gathering of ‘Warmongers’ – Hungary FM (RT)
Munich Conference ‘A Nightmare’ – Organizer (RT)
US Imposing ‘Colonial’ Resource Deal On Ukraine (RT)
Indian Strategy Puts Trump In Front of Putin (Helmer)
Kiev Regime Attacks Chernobyl To Sabotage Peace Talks (SCF)
J.D. Vance Delivers a Historic Defense of Free Speech (Turley)
Vance Blasts ‘Orwellian’ German Laws (RT)
Krakatoa Blows (James Howard Kunstler)
The European Welfare State Is Collapsing (Lacalle)

 

 

 

 

TDS
https://twitter.com/i/status/1891677532056949195

Leavitt
https://twitter.com/i/status/1891685749398859982

Nerd army

Courts
https://twitter.com/i/status/1891244904191287350

Watters

Miller
https://twitter.com/i/status/1891576558462353742

poop

Nebenzia
https://twitter.com/i/status/1891586940870291605

 

 

 

 

334 million or 394 million.

“This Might Be The Biggest Fraud In History” (ZH)

Elon Musk was expected to remain offline Sunday night into Monday morning as his xAI team prepared for the highly anticipated debut of “Grok 3,” scheduled for release Monday evening at 8 p.m. EST. However, the head of the Department of Government Efficiency (DOGE), tasked with streamlining the federal bureaucracy, returned very excited to his social media platform around midnight, unveiling what “might be the biggest fraud in history.” Musk posted a spreadsheet of Social Security Administration data showing “numbers of people in each age bucket with the death field set to FALSE!” The data shows that 20.789 million Americans are collecting social security benefits over the age of 100. Drilling down into the age buckets, benefits are still being paid out to folks over 140!

One X user pointed out that 2023 data showed the US population at around 334.9 million. However, Musk’s data (likely from DOGE’s ‘Big Balls’ analyst) shows 394 million names in the Social Security Administration database. Musk responded: “Yes, there are FAR more “eligible” social security numbers than there are citizens in the USA. This might be the biggest fraud in history.” “Maybe we pause payments to everyone 120+ until they can authenticate they’re among the living, to start,” Rep. Mike Collins (R-Ga.) wrote on X in response to Musk’s post. Collins is far too conservative. Lawmakers should freeze payments over the age bucket of 100 until a clear determination can be made where taxpayer funds are disappearing in this possible money pit that smells like fraud. “If DOGE’s numbers are right, $522B—1/3 of ALL spending on Social Security each year—is fraudulent,” X user Robert Sterling said.

At a DOGE press conference last week in the White House, Musk said: “If money is spent badly. If your taxpayer dollars are not spent in a sensible and frugal manner, then that’s not okay. Your tax dollars need to be spent wisely on the things that matter to the people,” Musk said. “It’s just common sense. It’s not Draconian or radical. I think it’s really just saying let’s look at each of the expenditures and say, is this actually in the best interest of the people, and if it is, it’s approved, if it’s not, we should think about it,” he added. “There’s crazy things, like, just a cursory examination of Social Security and we’ve got people in there that are about 150 years old,” Musk said. “Now, do you know anyone that’s 150? I don’t. OK. They should be on the Guinness Book of World Records, they’re missing out.”

“So, you know, that’s the case where, like, I think they’re probably dead is my guess, or they should be very famous. One of the two,” he added. It now appears DOGE’s Big Balls has been heard at work using AI to uncover possible fraud in federal entitlements. So far, we have not verified the data Musk shared on X, but confirmation could be just ahead.

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Protest! Protest!

Musk’s DOGE Seeking Access To IRS Taxpayer Data (RT)

Elon Musk’s Department of Government Efficiency (DOGE) is seeking access to a highly secured Internal Revenue Service (IRS) system that stores the personal tax records of millions of Americans, according to media reports. The examination of the IRS system, first reported by the Washington Post on Sunday, represents the latest move by Musk-led DOGE to overhaul US government agencies in a bid to eliminate wasteful state spending. The IRS systems house private financial data for taxpayers, including tax returns, Social Security numbers, addresses, banking details, and employment information. The Integrated Data Retrieval System, used by IRS employees, enables the review of tax information, issuance of notices, and updating of taxpayer records.

DOGE software engineer Gavin Kliger already worked at IRS headquarters on Thursday, the outlet reported, citing people familiar with the matter. He is set to serve as a senior adviser to the acting commissioner, though the tax agency is still finalizing the details of his role. According to the report, Kliger is expected to have broad access to IRS systems. However, as of Sunday, he had not yet gained access to sensitive tax agency data. “Waste, fraud, and abuse have been deeply entrenched in our broken system for far too long. It takes direct access to the system to identify and fix it,” White House spokesman Harrison Fields told The Post. DOGE remains committed to exposing fraud, ensuring that Americans are informed about how their “hard-earned” tax dollars are being spent by the government, he said.

Last week, Musk also alleged that federal workers were defrauding taxpayers. “We do find it rather odd that there are quite a few people in the bureaucracy who have ostensibly a salary of a few hundred thousand dollars, but somehow managed to accrue tens of millions of dollars in net worth while they are in that position,” Musk told reporters while in the Oval Office with US President Donald Trump. “We’re just curious as to where it came from.” The request has raised concerns within the government and among privacy experts, who warn that granting Musk access to Americans’ private taxpayer data could pose substantial risks.

The IRS is set to lay off thousands of probationary employees in the coming days, aligning with the Trump administration’s broader initiative to cut federal spending. The action is part of a series of workforce reductions ordered by Trump after he launched a campaign aimed at streamlining government operations. His administration has implemented measures such as a hiring freeze, offering buyouts to federal employees, and mandating agencies to collaborate with DOGE to identify and eliminate inefficiencies.

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The Consumer Financial Protection Bureau is not what it seems.

DOGE Is Right To Defang the CFPB (RCW)

With a big tech-powered magnifying glass on federal websites, spending contracts, and government payment systems, Elon Musk’s band of DOGE system admins have been turning Washington inside out in their hunt for waste, fraud, and abuse. One of the most prized agencies on the chopping block is the Consumer Financial Protection Bureau, heralded by progressives as an indispensable force for helping consumers wronged by financial institutions, but derided by fintech investors and conservatives as little more than a government “shakedown agency.” Consumers will be better off without the CFPB breathing down the neck of American companies. Since the inauguration of President Trump, the CFPB’s temporary leadership put an immediate halt on all work, also informing the Federal Reserve, which directly funds the agency, that it would no longer seek new funding.

Sen. Elizabeth Warren, the intellectual force behind the agency’s founding, has been apoplectic. She’s argued that Trump is “firing the financial cop on the beat that makes sure your family doesn’t get scammed.” The origin of the CFPB goes back to the rubble of the 2008 financial crisis when legislators saw this proposed agency as a viable response to the populist backlash engulfing Washington and Wall Street. Instead of penalizing wrongdoers, Congress funded bank bailouts and launched a “watchdog” group. The 2010 Dodd-Frank Financial Reform Act mandated new standards for lending, restricted capital that could be tapped for bank loans, and created the CFPB to police consumer finance. All functions performed by the five former federal banking supervisory agencies were rolled into the CFPB, granting it sole jurisdiction over non-depository firms and financial institutions with over $10 billion in assets.

This empowered the agency to issue regulatory guidance, demand information from financial institutions, and launch civil actions in federal court. Supporters of the CFPB point to an impressive record of close to $20 billion in consumer relief, as well as an additional $5 billion in civil penalties. Without the CFPB, fraudsters and scams would metastasize and consumer injustice would run wild, so they say. But this couldn’t be further from the truth. As a regulatory agency with civil litigation authority, the CFPB is emboldened to file high-dollar lawsuits against financial firms. An estimate of the CFPB’s database of enforcement actions reveals that roughly 85% of all cases are settled out of court before a final ruling. Companies often choose to settle, but this shouldn’t be mistaken for an admission of guilt. In a litigious society such as the United States where companies are routinely targeted in frivolous lawsuits, the court of public opinion matters just as much as the court of law.

Firms prefer settling cases over having their name dragged through the mud for months on end in the media, something tort lawyers call a “nuisance settlement.” These expected costs are baked into large firms’ financial projections and are sometimes factored into pricing their goods and services for consumers. The CFPB is more akin to a state-backed tort law firm that can tap the nation’s central bank for resources while exploiting its do-gooder reputation for easy PR victories. Rather than smart regulatory guidance to oversee a new generation of consumer finance firms, CFPB has relied on quick settlements out of court to squash innovative upstarts. While CFPB enforcement has been successful in penalizing banks and lenders for how loans are structured or advertised, it does not take much imagination to see how this has impacted the investing climate for new competitors. Since CFPB’s founding, there are now 35% fewer financial institutions remaining for consumers to choose from, down from 15,000 to just roughly 9,000 today.

While there is high consumer demand for fintech, payment apps, and account offerings, including Bitcoin and cryptocurrency banks, CFPB’s chilling actions have slowed that innovation, leading to the recent calls for the agency to be gutted. And they’re right. Most of CFPB’s functions are mirrored at the FTC on everything but finance. Regional Federal Reserve banks are also responsible for bank oversight and regulation, not to mention state banking regulators. Existing regulators have the reach, experience, and know-how to police would-be fraudsters and outright deceptive practices among banks. Why not let them? For consumers who want next-level services and financial products, there is no question that CFPB’s litigious approach has impacted their ability to access credit and financial services. There must be a better way to regulate our financial institutions and protect consumers than a tort law firm with government authority. Congress could fold elements of the CFPB into the FTC, OCC, or even FDIC, and bad actors will still be policed. Consumers deserve to be protected, and they will be, but they also deserve a regulatory structure that rewards innovation and brings financial products to market that they can choose between. The CFPB is due for defanging.

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“My advice to President Trump and Mr. Musk is: Keep highlighting the absurd spending. The American people will have your back.”

The Genius of the DOGE Exposures (AmG)

The American people have rightly been appalled at the outrageous expenditures Elon Musk’s Department of Government Efficiency (DOGE) has been exposing at USAID, which not only demonstrates the striking wastefulness of our government but also an ingenious public relations strategy by the Trump administration. When Americans learn that their tax dollars are going to fund egregious projects around the world, it lays a foundation for the public relations framework needed by the Trump administration to bring American public opinion along on the necessary journey of restructuring the government. It makes people’s blood boil. And it sets the tone for the effectiveness, and need for, the entire Trump efficiency program, even though the spending in absolute monetary terms on these insane USAID projects is fairly minor compared to the overall $6.9 trillion federal budget.

Let’s consider some of the USAID expenditures recently revealed:
$70,000 for the production of a “DEI musical” in Ireland
$47,000 for a “transgender opera” in Colombia
$2,000,000 for sex changes and “LGBT activism” in Guatemala
$32,000 for a “transgender comic book” in Peru
Hundreds of millions to support “irrigation canals, farming equipment, and even fertilizer used to support the unprecedented poppy cultivation and heroin production in Afghanistan,” benefiting the Taliban
$40,000,000 to fund research at the Wuhan Institute of Virology, which gifted the world with the COVID virus

The creators of Monty Python could not have made this stuff up, although they came close in their “It’s every man’s right to have babies if he wants them!” sketch. It still makes me laugh. But that’s why Donald Trump and Elon Musk are highlighting these absurd expenditures. They are so ridiculous that they almost defy belief, and they serve to supercharge American anger and righteous indignation. Trump recognizes, as Ronald Reagan did, the importance of galvanizing American public opinion as an integral part of carrying out his agenda. By inflaming the public, he puts pressure on the craven Congress to go along with his efforts to enact sweeping changes that would otherwise be difficult or impossible to achieve.

No doubt when Musk sets his genius young elves to work applying their AI algorithms on the Department of Health and Human Services and the Defense Department’s budget data, they will find waste so massive that it dwarfs that of USAID’s $40 billion annual outlay. But it’s a bit harder for the public to grasp the wastefulness of the government paying many times the price that it should be paying for anti-aircraft missiles, say, or ineffective vaccines. From a public relations standpoint, it’s much easier to see the lunacy of the US taxpayer shelling out $2.5 million for an electric vehicle project in Vietnam or $1.5 million to advance diversity, equity, and inclusion in Serbian workplaces.

We live in amazing times, led by an extraordinary team being assembled in the White House. Who would have imagined just a few years ago that a Kennedy family member would (likely) be holding a cabinet position as the head of HHS in a Republican administration? Ot that a prominent Democratic congresswoman and former Democratic presidential candidate would (likely) be the next Director of National Intelligence in that same Republican administration? Or that long-time liberal Democrat-voting, richest man in the world, Elon Musk, would be leading the effort of that administration to completely transform the government of the United States into a lean, mean, efficiently operating machine?

It all came about because of the vision and incredible tenacity of one individual—another former Democrat named Donald Trump, who survived a baptism of legal fire—and actual gunfire—by his political opponents to regain the presidency after all the “smart people” in Washington had written him off politically. More to the point, however, Trump’s career as a builder and, more importantly for the present discussion, as an unparalleled master of branding and public relations, has made him ideally suited to take on the gargantuan task at hand: bringing to heel an out-of-control government bureaucracy that will surely lead to this country’s destruction if not reined in.

Trump’s highly successful television show, The Apprentice, ran for a remarkable 15 years and caused the phrase, “You’re fired!”, to gain such familiarity that it stood beside such catchphrases as “Got milk?” and “Where’s the beef?” among the iconic popular expressions seared into Americans’ collective consciousness. And what more fitting expression to address a massively bloated and overpopulated federal bureaucracy desperately in need of draconian personnel cuts?

No one wishes ill on American citizens in government service, but there comes a point where the American body politic needs to make hard choices if the United States is to continue as a viable concern. And I don’t recall Democrats being nearly so exercised when Bill Clinton let 377,000 federal employees go after he assumed the presidency, using a buy-out program not so dissimilar to that offered by President Trump, which Democrats are inveighing against. Oh, how quickly Democrats forget. Remember when Clinton said, in his 1996 State of the Union speech, that “the era of big government is over”? Those were the days when Democrats still possessed a semblance of sanity.

The federal budget deficit in 2025 will be $1.8 trillion on outlays of $6.7 trillion, according to Congressional Budget Office data. And these deficits are cumulative. Every year that mountain of debt grows and currently stands at over $36 trillion. That is unsustainable. Approximately 13 percent of our federal budget just goes toward servicing our debt, with $2.6 billion per day on interest payments alone. When a single federal government employee, the recently resigned head of the Tennessee Valley Authority, has a total federal government compensation package of $10.5 million per year, then Houston, we have a problem. My advice to President Trump and Mr. Musk is: Keep highlighting the absurd spending. The American people will have your back.

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Already started today.

US, Russia Hold Peace Talks In Saudi Arabia Without Ukraine (ZH)

European Commission President Ursula von der Leyen has warned on X that “Europe’s security is at a turning point.” She continued in the statement she wrote while arriving in Paris for “crucial talks” with European counterparts on the Russia-Ukraine war, “Yes, it is about Ukraine – but it is also about us.” “We need an urgency mindset. We need a surge in defense,” she wrote. “And we need both of them now.” The words come immediately on the heels of von der Leyen telling the Munich Security Conference, “I will propose to activate the escape clause for defense investments. This will allow member states to substantially increase their defense expenditure.” Europe is also deeply concerned that it is getting cut out of peace talks toward a negotiated settlement to end the Ukraine war. They are worried President Zelensky himself is getting sidelined, after last week’s 90-minute Trump call with Putin.

Several media outlets reported on Sunday that initial talks will be held in Saudi Arabia, expected to kick off Tuesday, between Russian and American diplomats. Both sides have confirmed the talks: Moscow has confirmed that Russian FM Sergey Lavrov and Yuri Ushakov, a foreign policy adviser to Putin, will take part in talks with US officials in Saudi Arabia on Tuesday. Washington has also confirmed the meeting, saying Secretary of State Marco Rubio, National Security Adviser Mike Waltz and special envoy Steve Witkoff will attend. Lavrov says Russia is not considering territorial concessions to be given to Ukraine at the planned negotiations to end the war. It appears final details ahead of the high-level talks were hammered out in a Saturday phone call between Secretary of State Rubio and top Russian diplomat and security official Sergey Lavrov.

“The Secretary re-affirmed President Trump’s commitment to finding an end to the conflict in Ukraine. In addition, they discussed the opportunity to potentially work together on a number of other bilateral issues,” a readout of that call indicated. Crucially, Ukrainian officials have revealed were not invited to the talks in Saudi Arabia. Zelensky reiterated in a Sunday interview that he will “never accept any decisions between the United States and Russia about Ukraine” if Ukrainian officials aren’t at the table. As for a potential decision or concession amid the looming deal-making to end the war, European officials are saying President Trump will likely approve the withdrawal of US forces from Baltic states and possibly further to the West, in order to ease Russian fears of Washington encroachment, according to reporting in Al Jazeera.

As for the imminent US-Russia talks in Saudi Arabia: Kyiv ‘knew nothing’ about US-Russia talks in Saudi Arabia and won’t recognize their outcome if Ukraine is not part of them – Zelensky. Ukraine’s Kyiv Post is reporting the same: Ukraine was not informed about the negotiations in Saudi Arabia, will not participate in them, and will not recognize any agreements reached, — Zelensky Strangely, President Zelensky is actually currently in the Gulf region, visiting UAE, and he’s next traveling to Saudi Arabia—and yet he’s not going to be part of the the US-Russia talks. His office is stressing that his state visit to Saudi Arabia has nothing to do with the US talks, as it was planned in advance: Days before Svyrydenko’s announcement, Zelensky told reporters on the sidelines of the Munich Security Conference that he intends to pay official visits to Saudia Arabia, the United Arab Emirates, and Turkey, but has no plans to meet with any Russian or U.S. delegations in these countries.

“I will not meet with Russians, but then I will not meet with Americans there,” he said. That’s awkward, to say the least… Still, the Ukrainian leader has said these talks will “yield no results” without Ukraine’s direct representation and input. Many of his European backers agree, and have been urging Washington include Kiev in the negotiations. European leaders are meeting in Paris Monday, at President Macron’s invitation, for an urgent meeting assessing the Ukraine war and Europe’s defense readiness and security.

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From “Zelensky ‘refuses to recognize’” the talks, to “Zelensky demands Israel-style guarantees..”, to this, it all amounts to nothing. He’s done.

US-Russia Meeting In Riyadh Will ‘Have No Results’ – Zelensky (RT)

Kiev will not take part in the US-Russia negotiations in Riyadh and considers them meaningless, Ukrainian leader Vladimir Zelensky has said. Teams led by Russian Foreign Minister Sergey Lavrov and US Secretary of State Marco Rubio will meet on Tuesday in what will be the first high-level talks between the two countries over Ukraine since 2022. “Ukraine will not participate,” Zelensky told reporters on Monday, adding that Kiev “didn’t know anything” about the upcoming talks. “Ukraine views any negotiations about Ukraine that are being held without Ukraine as having no results,” he said. “We will not recognize such agreements.” Zelensky insisted that his own visit to Saudi Arabia on Tuesday has “no connection” to the meeting between US and Russian negotiators the same day. “The visit to the region was planned long before the US decided to meet Russia there,” he said, as quoted by Politico.

Putin’s top foreign policy aide, Yury Ushakov, confirmed on Monday that the negotiations with Americans will not involve third parties. Speaking to journalists on the tarmac in Riyadh, he said the talks aim to lay the groundwork for ending the Ukraine conflict and serve as a step toward “real normalization” of relations with the US. While the administration of former US President Joe Biden maintained unconditional military and financial support for Kiev, President Donald Trump has rejected his predecessor’s campaign to “isolate” Russia on the global stage and promised to end the conflict as soon as possible through a lasting ceasefire. Ukrainian and EU officials have said they were blindsided by Trump’s phone call with Russian President Vladimir Putin on February 12. They also criticized Trump and Defense Secretary Pete Hegseth for ruling out NATO membership for Kiev and refusing to commit to the restoration of Ukraine’s pre-2014 borders.

Speaking at the Munich Security Conference last week, Hegseth said the Pentagon will not commit troops as part of any security guarantees offered to Kiev. He added that if peacekeepers are deployed to Ukraine, they will not be protected by NATO’s collective defense mechanism. Moscow has insisted that a peace settlement must address the “root causes” of the conflict, including Ukraine’s aspirations to join NATO. Kremlin spokesman Dmitry Peskov said earlier this month that Zelensky, instead of “empty words,” must demonstrate willingness to hold good-faith negotiations. Putin reiterated last month that he does not consider Zelensky legitimate because his five-year presidential term expired in May 2024 and no new elections have been called due to martial law.

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None. Anyone feel sorry?

Ukraine Has No Bargaining Power in US-Russia Peace Talks (Sp.)

Volodymyr Zelensky insists he won’t accept a US-Russia deal on Ukraine without Kiev’s input. But does his opinion matter?

• Ukraine today is a devastated country, deserted by much of its people and critically dependent on foreign aid.
• Over 6.1 million Ukrainian refugees had been registered in Europe by mid-2024, according to UN estimates. One can only guess how many Ukrainians opted not to register their refugee status out of fear of being deported and press-ganged into armed service.
• With the Ukrainian economy on its last legs, Kiev has received over $30 billion in US budget aid just to pay salaries to state employees.
• Foreign companies like Vanguard and BlackRock swept in to profit from this crisis, buying assets in Ukraine at bedrock prices. Much of Ukraine’s agricultural land is now Ukrainian in name only.
• Large proportions of Ukraine’s most valuable assets, such as natural resource deposits and industrial facilities, were located in the territories that chose to join Russia rather than submit to the rule of neo-Nazis in Kiev.
• Ukraine has been saddled with an enormous external debt due to all the credit it has been receiving from abroad. Now, Kiev faces the prospect of losing half of its natural resources to the US as repayment for the financing that turned out to be a loan.
• Foreign black market transplantologists have been operating in Ukraine for months now, harvesting organs from injured Ukrainian soldiers.
• US biowarfare experts treat Ukraine as their own playground where they can conduct dangerous research without the risk of a containment breach endangering American lives.
• US and British intelligence agencies took charge of the Ukrainian Security Service (SBU) since 2014, making it subservient to the West.
• And although no one has said anything about deciding Ukraine’s fate without Kiev’s input, the question remains: how much does Zelensky’s opinion matter in this context?

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Nobody cares about Europe.

Macron’s Ukraine Summit A Gathering of ‘Warmongers’ – Hungary FM (RT)

The European leaders that answered French President Emmanuel Macon’s call for an ‘emergency summit’ to discuss how to respond to being sidelined by US President Donald Trump are “warmongers,” Hungarian Foreign Minister Peter Szijjarto has warned. Moscow and Washington have announced the beginning of bilateral talks on Tuesday in Saudi Arabia ahead of a possible summit between Russian President Vladimir Putin and his US counterpart Donald Trump in Riyadh. Macron called EU leaders for an emergency summit on the Ukraine conflict in Paris on Monday after Washington made it clear that the bloc would not be at the table when the US and Russia discuss peace. Speaking at a press conference in Kazakhstan on Monday Szijjarto said “We trust that the American-Russian negotiations will be successful, and we hope that this will lead to peace in Ukraine as soon as possible… However, we must also see that in Europe, those who do not want peace are organizing,” he added.

“Those who have been constantly adding fuel to the fire for the past three years are gathering in Paris today,” Szijjarto said, branding the participants “war-mongering countries that have followed a misguided strategy.” Since Trump’s reelection, his administration has signaled a shift in US foreign policy, focusing on minimizing American involvement in any potential armistice achieved in Ukraine. Washington is also aiming to shift the financial and logistical burden of supporting Kiev to its European allies, while demanding that the continent’s NATO members contribute more to collective defense. The US has circulated a document to gauge the willingness of its European allies to deploy peacekeeping troops to Ukraine, among other points, according to Reuters.

UK Prime Minister Keir Starmer has stressed that he is ready to send British soldiers to provide security guarantees for Kiev, in the event of a ceasefire. Similarly, Macron has repeatedly brought up the possibility of putting Western boots on the ground, both as peacekeepers and combatants. Last year, the French leader suggested that sending troops was a possibility that could “legitimately” arise if Russian forces broke through the Ukrainian front line, and Kiev asked for help. Moscow has stressed that any Western forces deployed to Ukraine without a UN mandate would be considered as enemy combatants and legitimate targets.

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“..on Sunday, Heusgen became emotional, having to cut himself short. He was addressing the mounting pressures on the “rules-based order,” urging EU politicians to uphold it despite a visible rift with the US.”

Munich Conference ‘A Nightmare’ – Organizer (RT)

Christoph Heusgen, chairman of the Munich Security Conference (MSC), has described the results of last week’s gathering as a “nightmare” for Washington’s European allies. He claimed that the US under President Donald Trump “lives on another planet,” referencing comments made by American Vice President J.D. Vance at the Germany-hosted event. Vance criticized EU nations for increasingly mirroring the USSR in their suppression of dissent and the detachment of elites from voters. He cautioned that if the trend continues, the US could withdraw its support for its European allies.

During an interview with ZDF on Sunday — his final day as MSC chairman — Heusgen noted that, at the very least, Europeans now have clarity about the Trump administration’s stance. He added that while some Republican senators expressed commitment to “trans-Atlantic unity” in contrast to Vance, they were also cautious in their public statements. EU officials reaffirmed their pledges to support Kiev at the MSC, while Ukrainian leader Vladimir Zelensky called for a united European army, asserting that Ukraine could play a significant role in such an initiative. Heusgen advised Europeans to “do what Zelensky says” and stand together. However, skepticism remains among certain EU member states, such as Poland, regarding the concept of a transnational military force to serve as a European counterpart to NATO.

The Trump administration has signaled no intention of involving either NATO or the US in any future security arrangements in Ukraine following a potential ceasefire with Russia. Additionally, Washington has expressed interest in recouping expenditures related to the Ukraine conflict through privileged access to mineral resources under Kiev’s control. Zelensky has previously advocated various forms of security for Ukraine that even his staunchest supporters deem exceedingly ambitious — from full NATO membership to deploying a 200,000-strong foreign military contingent, the mass placement of Western missiles, and even a Ukrainian nuclear capability. As he concluded his closing remarks at the MSC on Sunday, Heusgen became emotional, having to cut himself short. He was addressing the mounting pressures on the “rules-based order,” urging EU politicians to uphold it despite a visible rift with the US.

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“..an unnamed official from an unidentified country told AP that “it’s a colonial agreement, and Zelensky cannot sign it.”

US Imposing ‘Colonial’ Resource Deal On Ukraine (RT)

The US is trying to steamroll Kiev into a lopsided resource deal that evokes memories of the West’s colonial past, several media outlets have reported, citing officials familiar with the matter. Last fall, Ukraine’s Vladimir Zelensky suggested that his country could agree to allow its Western backers to participate in the joint exploitation of vast deposits of rare earth minerals, including lithium, titanium, and graphite. The administration of US President Donald Trump apparently took up Zelensky on his offer, reportedly suggesting to Kiev that the US be granted 50% ownership of the country’s rare earth minerals and that American troops be deployed to defend them. However, Zelensky is said to have “politely declined” to sign a document granting the US control of half of Ukraine’s mineral reserves, seeking a “better deal” and arguing that the agreement did not provide any US security guarantees.

Commenting on the back-and-forth between Washington and Kiev, an unnamed official from an unidentified country told AP that “it’s a colonial agreement, and Zelensky cannot sign it.” Echoing this assessment, two unnamed officials told Bloomberg that Washington “was trying to ram through a one-sided deal” regarding Ukraine’s resources. One agency source compared the US attitude to Belgium’s colonial policy in Africa in the 19th century, when King Leopold II controlled the Congo as his personal fiefdom. An unnamed senior Ukrainian adviser cited by the Washington Post noted that he was “taken aback by the scale” of what the Trump administration demanded, also recalling the history of European colonialism in Africa. He warned that the deal “could also lead to the right to develop Ukraine’s resources being signed away for decades with no guarantees that investors would actually develop them.”

Despite this, Ukrainian officials are working on a counterproposal that would provide Washington with access to the country’s resources while also bolstering US security guarantees for Ukraine, according to Washington Post sources. In this vein, one senior Ukrainian official reportedly joked that Kiev would consider “almost anything” to maintain US support, including shipping Ukrainian eggs to America. Michael Waltz, Trump’s national security adviser, has defended the concept of a resource deal, arguing that the US “deserve[s] to have some type of payback for the billions they have invested in this war.” He suggested that Zelensky would be “very wise” to sign such an agreement. Meanwhile, Russian Foreign Ministry spokeswoman Maria Zakharova suggested that the US was simply taking advantage of the Ukrainian leadership’s desire to “sell the country by auction.” “What Trump told Zelensky doesn’t even resemble a deal. It’s more like a command ‘fetch!’ – which the Kiev regime has been well trained to obey.”

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The Quad.

Indian Strategy Puts Trump In Front of Putin (Helmer)

Narendra Modi, the Prime Minister of India, is the first of President Vladimir Putin’s strategic allies to leave him to make whatever exit from the Ukraine war he can negotiate with President Donald Trump. Modi did this by saying as little as he could about Russia last week in Washington while preparing his own military, energy supply, sea lane and land route agreements with the US; altogether, according to Indian sources in Moscow, they enlarge India’s role in the escalating US war against China across the globe, and diminish Russia’s role significantly. “I have been in constant contact with both Russia and Ukraine. I have also visited both countries,” Modi said beside Trump at the White House on February 13.

“And many people are mistaken and they feel that India is neutral. I would like to clarify: India is not neutral. We have taken a side, and we have taken the side of peace…Ultimately, you have to come to the negotiating table, and India has constantly made efforts that there are talks that take place where both parties are present. It is only then that we will find a solution. The efforts being made by President Trump — I support them, I welcome them, and I would like that President Trump is successful as soon as possible so that the world is on the path to peace once again.”

This isn’t a statement of India’s support for Russia, according to Russian sources. It is not even India’s acknowledgement of the wars which the US and its allies are waging against Russia simultaneously on its western and eastern, northern and southern fronts. It’s India’s declaration that it aims to be on the US side in the multi-front war India is waging against China from the Pacific to the Indian Ocean. It is also a proclamation by Modi against the Arab, Iranian and Muslim resistance to the US and Israel on the Arabian Sea, the Red Sea, and the Persian Gulf.

“The prime minister and I,” said Trump, “reaffirmed that strong cooperation among the United States, India, Australia, and Japan [the Quad], and it’s crucial really to maintaining peace and prosperity, tranquillity even, in the Indo-Pacific.”“We will work together to enhance peace, stability, and prosperity in the Indo-Pacific,” Modi replied, “The Quad will play a special role in this. During the Quad summit scheduled to be held in India this year, we will expand cooperation in new areas with our partner countries.”

A veteran Indian source in Moscow explains: “Indians are very pleased with the anti-China stand of the US. The last two years of relations with Russians have been bruising for Indians and a lot of top oil and gas managers are exasperated with the Russians. They would do anything to stop doing business with the Russians – this is not because of the sanctions, it is the Russians themselves! [From Modi’s visit to Washington] there is the general take that we cannot be throwing our lot with Russians because they are so unreliable now and are junior to the Chinese. Putin might have brokered the Ladakh moment, but all in all Indians prefer to deal with the US now. For now we know that the Americans call the shots.” Russia has been relegated. In Delhi now, Quad is major league; the Shanghai Cooperation Organisation and BRICS are minor league.

“One thing that I deeply appreciate, and I learn from President Trump, is that he keeps the national interest supreme,” Modi said in his Oval Office remarks. “Like him, I also keep the national interest of India at the top of everything else.” The Indian media have interpreted this as more than compensating for the American put-downs Modi registered. “The President did not turn up to greet [Modi] when he arrived at the White House; Trump snubbed him by doubling down on reciprocal tariffs…Elon Musk insulted him by bringing his children to a business meeting… In the age of trivialisation through social media tattle and trolling, all of this is of little consequence… The broad consensus among more seasoned analysts and experts is that PM Modi disarmed a rampant US President…and advanced bilateral ties…The visit was actually a tour de force measured in terms of impact and outcomes.”

Read more …

“Once again, the neo-Nazi regime is simply doing everything possible to prevent the war from ending.”

Kiev Regime Attacks Chernobyl To Sabotage Peace Talks (SCF)

In recent days, an incident involving a drone attack on the Chernobyl nuclear plant has generated controversy and debate. According to Ukrainian authorities, a Russian drone allegedly struck the facility, damaging the structure around the reactor. Ukraine’s illegitimate president, Vladimir Zelensky, was quick to blame Russia, stating that the situation reflected a Russian assault on Ukraine’s nuclear infrastructure. However, Russian authorities, including Kremlin spokesperson Dmitry Peskov, denied these claims, labeling them as yet another provocation by Kiev. More than that, even some Ukrainians question the regime’s official narrative.

Peskov categorically rejected the idea that Russia had attacked any nuclear facility, especially Chernobyl, stating that such claims were unfounded. He argued that any accusation of Russia attacking nuclear power plants was fabricated, asserting that Russia would never target such sensitive locations due to the risks involved. He suggested that the attack was, in fact, an attempt at manipulation and disinformation orchestrated by the Ukrainian government. The Kremlin spokesperson also pointed out that there were interests in Kiev aiming to sabotage any negotiation efforts, indicating that certain factions within the Ukrainian regime would take any actions to prevent the progress of peace talks.

The Ukrainian narrative surrounding the attack is not new. Kiev authorities often accuse Russia of attacking civilian targets like nuclear power plants and energy centers, supposedly attempting to provoke accidents. This happens particularly intensely in the Zaporozhye region, where the largest nuclear power plant in Europe is located. As part of Russian reintegrated territory, the area is consistently attacked by Kiev. I have personally visited the Zaporozhye plant and witnessed with my own eyes the wreckage of Western missiles and drones used by neo-Nazi troops against Russian nuclear infrastructure. However, Kiev enjoys vital support from the Western media in spreading false information, making their own provocations appear to the world like “Russian actions.” In this regard, the current claim that Russia is responsible for the attack on Chernobyl does not seem to be an exception but rather another episode of cooperation between Ukrainian state terrorism and Western information warfare.

However, it is not only Russian authorities who contest the Ukrainian accusations. Some members of the Ukrainian parliament have also questioned the government’s official version. Exiled lawmaker Artyom Dmytruk, for example, suggested that the attack could have been a coordinated operation by Kiev’s own authorities. He raised the question of who was in command of the attack and whether Zelensky or his close allies, such as chief of staff Andrey Yermak, were responsible. This stance reflects a growing atmosphere of distrust within Ukrainian politics and the informational war surrounding the conflict.

In practice, the real Russian strategic interest in attacking Chernobyl remains unclear. Since the beginning, Moscow has spared critical areas from military action. It does not seem rational or strategic for Russia, at a time when it holds significant military advantages and territorial gains, to launch such attacks now. On the other hand, Ukraine has launched such incursions since 2022, always trying to place the blame on the enemy side.

The current moment, when negotiations are finally becoming a possibility, seems to be the perfect timing for Ukrainian actions in Chernobyl. While attacks on other nuclear facilities, such as in Zaporozhye, are frequent, only Chernobyl has the power to mobilize hearts and minds globally, being a symbol of the radioactive tragedy that occurred during the Cold War. With the support of the mainstream media, which immediately blamed Russia, Kiev is trying to use the Chernobyl’s nuclear symbol to sabotage the diplomatic process.

There is nothing new in the Chernobyl case. Once again, the neo-Nazi regime is simply doing everything possible to prevent the war from ending. The question remains whether Western public opinion will continue to believe in the mainstream media and the Ukrainian lies.

Read more …

“If you are running in fear of your own voters, there is nothing America can do for you. Nor, for that matter, is there anything that you can do for the American people that elected me and elected President Trump.”

J.D. Vance Delivers a Historic Defense of Free Speech (Turley)

In “Hillbilly Elegy: A Memoir of a Family and Culture in Crisis,” J.D. Vance wrote, “I don’t believe in transformative moments, as transformation is harder than a moment.” Despite that profound point, on Feb. 14, Vance found that transformative moment. Speaking to European leaders at the Munich Security Conference, he shocked his audience by confronting them over their attacks on free speech in the West. For the free speech community, it was truly Churchillian — no less than the famous Iron Curtain speech in which Churchill dared the West to confront the existential dangers of communism. Roughly 80 years after Churchill’s speech, Vance called our allies to account not for the growing threat from countries like Russia or China, but from themselves.

To a clearly shocked audience, Vance declared that he was not worried about “external actors” but “the threat from within the retreat of Europe from some of its most fundamental values, values shared with the United States of America.” Vance then pulled back the curtain on the censorship and anti-free-speech policies of the European Union and close allies ranging from the United Kingdom to Sweden. He also chastised one of the most vehemently anti-free speech figures in Europe, Thierry Breton, who led the EU efforts to control speech with draconian measures under the infamous Digital Services Act. Vance called out the hypocrisy of these nations asking for greater and greater military assistance “in the name of our shared democratic values” even as they eviscerate free speech, the very right that once defined Western Civilization. The point was crushing.

Before we further commit to the defense of Europe, he argued, we should agree on what we are defending. These European nations are erasing the very distinctions between us and our adversaries. In my recent book, I discussed many of the examples cited by the vice president. One of the most telling came from Canada last year, when the government of Prime Minister Justin Trudeau temporarily blocked the citizenship of Russian dissident Maria Kartasheva. The reason was that she had a conviction (after a trial in absentia) in Russia for condemning the Ukrainian war. The Canadian government declared that Kartasheva’s conviction in Russia aligns with a Criminal Code offense relating to false information in Canada.

In other words, her use of free speech could be prosecuted in Canada under its abusive Section 372(1) of the Criminal Code, punishing speech deemed to be “convey[ing] false information with the intent to alarm or injure anyone.” Vance ran through just a fraction of the parade of horribles, from Britain arresting people for silent prayers near abortion clinics to Sweden prosecuting a religious protester who burned a Koran, with Judge Göran Lundahl insisting that freedom of expression does not constitute a “free pass to do or say anything.” Apparently, it does not include acts once called blasphemy or insulting religion. Vance also mocked the underlying premise for speech crackdowns to combat “disinformation,” pointing out that these measures constitute a far greater threat to citizens in the West than any external threat.

He had the courage to say what has long been verboten on the restriction of speech to combat foreign influence: “if your democracy can be destroyed with a few hundred thousand dollars of digital advertising from a foreign country, then it wasn’t very strong to begin with.” In perhaps the greatest single declaration uttered by an American leader since John F. Kennedy in Germany declared “Ich bin ein Berliner,” he added: “If you are running in fear of your own voters, there is nothing America can do for you. Nor, for that matter, is there anything that you can do for the American people that elected me and elected President Trump.” The reaction of the European diplomats was one of astonishment. Few even offered the usual polite applause. Instead, rows of smug leaders looked straight ahead with the same level of disgust as if Vance were the second coming of the Visogoths threatening the Pax Romana, or Roman Peace.

In a single speech, Vance shattered the hypocrisy of our allies’ calling for a defense of the West while abandoning Western values. They did not like it, and many in the American press joined in dismissing his address. He was called a “wrecking ball” for bringing up the anti-free speech movement that has swept over Europe. One German official declared “This is all so insane and worrying.” This is a diplomat from a nation that shredded free speech for decades, to the point of arresting people over their ringtones. Of course, our own anti-free speech voices were in attendance, too. Politico quoted one “former House Democratic staffer” who bravely attacked Vance anonymously: “I was aghast … He was blaming the victim. What the f— was that? I had my mouth open in a room full of people with their mouth open. That was bad.” No, it was not bad. It was glorious.

After Elon Musk purchased Twitter with the pledge to dismantle the company’s censorship system, former Secretary of State Hillary Clinton turned to the EU, calling on it to use its Digital Service Act to force the censorship of her fellow American citizens. That did not leave many people agape. But Vance’s defense of free speech is considered a breathtaking outrage. In “Hillbilly Elergy,” Vance explained his lack of faith in transformative moments. “I’ve seen far too many people awash in a genuine desire to change, only to lose their mettle when they realized just how difficult change actually is,” he wrote. And there is no “genuine desire to change” in Europe. The appetite for censorship is now insatiable, and free speech is in a free fall.

In the midst of this crackdown, Vance spoke with a quintessentially American voice. It was clear, honest and unafraid. There was no pretense or evasion. It was a speech about who we are as a nation and the values that still define us — and no longer define our allies. They saw him as a virtual hillbilly, an American hayseed who does not understand transnational values. For the rest of us, it was a true elegy — part lament and part liberating.

Bravo, Mr. Vice President, Bravo.

Read more …

Europe needs its own Trump.

Vance Blasts ‘Orwellian’ German Laws (RT)

The criminalization of free speech in the EU could put a “strain” on relations between Washington and its allies there, US Vice President J.D. Vance said on Monday, calling on Western nations on both sides of the Atlantic to “reject” such policies. “This is Orwellian,” the vice president wrote in a statement on X (formerly Twitter). He was referring to an interview with three German state prosecutors released by the US broadcaster CBS on Sunday. Focused on Germany’s efforts to fight offensive content on the internet, the interview included the prosecutors saying that insulting anyone in public or online is a crime in their country. The interview was recorded against the background of a series of coordinated raids recently launched by German police against some 50 individuals suspected of spreading hate speech online.

People found guilty of such crimes in the federal republic could face fines or even jail time in the event of repeat offenses, according to the prosecutors. “They don’t think it was illegal. And they say, ‘No, that’s my free speech’,” one of the prosecutors, Dr. Matthaus Fink, told CBS. “And we say, ‘No, you have free speech as well, but it also has its limits’.” The courts can also order the confiscation of their electronic devices, the prosecutors said. People are usually “shocked” when it happens, another prosecutor, Frank-Michael Laue, said. “It’s a kind of punishment if you lose your smartphone. It’s even worse than the fine you have to pay.”

The German Criminal Code states that anyone who “attacks the human dignity of others by insulting, maliciously disparaging or slandering” them in a way that is “likely to disturb the public peace” can face up to five years behind bars. The legislation is primarily aimed against insults linked to one’s race, nationality, religion or ethnic background but is not limited to these. According to CBS, the German laws specifically prohibit the spread of malicious gossip, violent threats and fake quotes online. Reposting false information is punished as well, the broadcaster said, citing the prosecutors.

Vance responded to the interview by saying that “insulting someone is not a crime, and criminalizing speech is going to put real strain on European-US relationships.” He then called on “everyone in Europe and the US” to “reject this lunacy.” The statement came just days after the vice president sharply criticized Washington’s EU allies for abandoning their core values, including free speech, as well as fearing their own voters and failing to uphold democratic principles at the Munich Security Conference. His words were lauded by President Donald Trump, who called Vance’s speech “brilliant.” “In Europe they’re losing their wonderful right of freedom of speech,” Trump said on Friday.

Read more …

“Reality distortion is no longer working so well with Mr. Trump in the White House.”

Krakatoa Blows (James Howard Kunstler)

You’ve got to wonder who at CBS-News thinks it’s a good idea to quadruple down on mendacious grandstanding when the network faces a $20-billion lawsuit from Donald Trump — for assisting Kamala Harris’s campaign (aka election interference) — while the FCC under new Commissioner Brendan Carr questions the network’s license to operate on the grounds of “news distortion” and violation of the broadcast news fairness doctrine.

So, on Sunday night February 16, CBS’s flagship news show, 60-Minutes, pitched a doubleheader of knowingly faked-up feature pieces intended to scramble American minds to benefit the Party of Chaos and its manager, the US Intel Blob. The first piece was a sob-story on how sad and unjust DOGE’s deconstruction of the USAID money-laundering operation is. Yeah, boo-hoo. They interviewed several part-timers and consultants pretending to be long-term employees of the outfit. Complete horse-shit, and they knew it. What really matters is that a whole lot of bureaucrat grifters (and politicians) won’t get paid anymore. . . and the Blob won’t be able to soften-up faraway nations for plunder with its color revolutions and other hijinks.

The second piece was a ringing endorsement of Germany’s current censorship campaign, arresting ordinary citizens for mean tweets. Their camera crew followed the German Gedankenpolizei entering apartments and seizing cell phones. The viewing audience was asked to shed tears for German Green Party politician, Renate Künast, who got dissed on “X” (“misogynist comments” and insults) — the same week that an Islamic immigrant maniac drove a car into a Munich crowd on-purpose, injuring 39 people, including two dead (one, a child). No mention of that incident on 60-Minutes, or, more generally, that illegal immigration is the big taboo subject behind all the censorship.

CBS actually preceded that gaslighting job with a bit of Sunday morning constructed Orwellian fake syllogistic idiocy by Face the Nation host Margaret Brennan, who said that free speech caused the Holocaust against the Jews. Her reasoning: free speech allowed the Nazis to gain power, therefore. . . Auschwitz . . . therefore, free speech is bad. Guest, Sec’y of State Marco Rubio, told her that he could not associate himself with her thesis. In fact, once in power, the Nazis totally controlled speech and news and did not permit other political parties to even exist. All of this, you understand, is just deliberate Gramscian distortion-and-perversion of language — black is white, up is down — to defeat any attempt at coherent public debate today.

The conclusion you might draw from all this is that CBS is terrified of free speech, and is trying desperately to hide the Blob’s long-running criminal racketeering activity — which they have aided and abetted for years and deserve to lose their license over, plus pay billions in penalties, and go out of business — a rather existential predicament.

Reality distortion is no longer working so well with Mr. Trump in the White House. Here is what’s behind the USAID brouhaha and why it matters. By 2016, the Blob had become a fullblown, independent, parasitical organism on US governance. It had several purposes: 1) to keep itself in perpetual power by paying off its voting blocs of “the poor and marginalized,” 2) to pay its corps of bureaucrat managers (of the “poor and marginalized”) handsome salaries to win their everlasting allegiance, and 3) to pay-off elected officials to keep voting the money flows for all that. All this created a massive class of Democratic Party activists dedicated to overthrowing the republic so as to usher-in their social equity nirvana. And all that was sheer hubris. More recently, nemesis arrived on the scene and all this institutional Blob power had to be diverted to a massive ass-covering operation, now in full, florid failure. And, worst of all for the Blobists, evidence of actual crime is accruing at a frightful, fast pace.

With the confirmation of Kash Patel later this week, Mr. Trump’s agency team will be complete. What follows will be a Krakatoa of revelation, drastically altering the climate of US politics for years to come. You should learn exactly how many FBI and CIA agents were moiling and roiling in the J-6 mob. You’ll find out what the J-6 DNC pipe bomb caper was all about. You’ll find out why RussiaGate was never properly investigated or adjudicated. . . how the Adam Schiff / Alexander Vindman / Eric Ciaramella impeachment op worked. . . how the Clinton Foundation made a zillion dollars . . . where all the money went that got poured into Ukraine. . . and much much more.

Read more …

“..a political class that would rather see high inflation and a weaker currency than reduce its grip on the economy.”

The European Welfare State Is Collapsing (Lacalle)

Politicians in Europe are using the JD Vance and Trump external enemy excuse to disguise the existential problem of a system that is crumbling. The statist nightmare built around what politicians call “welfare state” has proven to be a subterfuge to multiply bureaucracy and create a dependent subclass. The welfare state was never sustainable but was created as an affordable luxury that rich economies could finance with strong economic growth and a solid productive sector. However, European governments overlooked the necessity of fostering economic growth and productivity to finance the welfare state. Furthermore, as left-wing populism permeated all segments of the European political landscape, politicians started to include more and more so-called “rights,” which became entitlement costs and subsidies, in a trend that led Europe to forget to create wealth and focus entirely on extractive and confiscatory policies.

We have seen a gradual destruction of the productive sector, asphyxiated by constantly raising taxes and bureaucratic and regulatory limitations, while government budgets expanded without control. The economy of the European Union operates on an inverted economic model. It puts entitlement spending as its pillar, instead of seeing that the welfare state is, at best, a consequence of wealth creation, not a cause. Without a thriving private sector, there is no welfare. Politicians should understand that you cannot provide citizens with social programs if the productive economy is weakened by political design. In the latest Eurostat estimates, the ratio of social insurance pension entitlements to GDP was between 200% and 400% in European economies. Unfunded financial commitments are so large they will only be paid in a massively weakened currency if the current economic policies continue.

France is the prime example of this “upside down” approach to the economy. Putting entitlement spending at the forefront of economic policies has led to decades of stagnation, high debt and deficit, and social discontent. Taxpayers are tired, and recipients of entitlements are relegated to a dependent subclass. The trick is the following: Government spending soars, and everything spent is justified under the banner of “social spending”. Deficit and debt rise, so the government increases taxes to balance the budget. If the economy grows, spending grows faster, and if the economy enters recession, the government spends even more to “protect” citizens. Thus, taxes rise even faster.

The constant process of expropriation of productive wealth becomes a burden on growth, investment, and productivity. Furthermore, more taxes generate lower incremental revenues and a demotivated business and workforce community that finds it impossible to thrive alongside the burden of bureaucracy and taxation. Macron says that Europe is “underleveraged.”. The statement is incorrect, of course, but it is even less believable when we look at all the unfunded commitments.

Europe needs to abandon the current high taxes and bureaucracy and cut unnecessary spending so the pension and healthcare systems remain viable. This means slashing budgets and eliminating political spending. However, no political party wants to do it because thousands of their members depend on government jobs. The situation is so desperate that European nations cannot even increase the much-needed defense budget despite acknowledging the urgency of improving investment in security.

Europe’s welfare state became the welfare of the state at the expense of its businesses and taxpayers. The European Union has human capital, great businesspeople, and entrepreneurs. However, it is being destroyed from the inside by a political class that would rather see high inflation and a weaker currency than reduce its grip on the economy.

Read more …

 

 

 

 

Spike

 

 

Job cuts

 

 

Redfield
https://twitter.com/i/status/1891497832785535064

 

 

RFK
https://twitter.com/i/status/1891667385406587344

 

 

Pebble

 

 

Ray
https://twitter.com/i/status/1891554907410329863

 

 

O’Leary

 

 

Sopranos
https://twitter.com/i/status/1891295611552411923

 

 

Henry

 

 

Turtle
https://twitter.com/i/status/1891743199649001495

 

 

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Home Forums Debt Rattle February 18 2025

Viewing 40 posts - 1 through 40 (of 57 total)
  • Author
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  • #182490

    René Magritte The muscles of the sky 1927   • “This Might Be The Biggest Fraud In History” (ZH) • Musk’s DOGE Seeking Access To IRS Taxpayer Data
    [See the full post at: Debt Rattle February 18 2025]

    #182492
    Formerly T-Bear
    Participant

    February 18, 2025 at 12:29 am#182467

    citizenx

    Thank you for taking your time and effort in this response, much of which I basically agree. The burr under the saddle: I attempt to write clearly, concisely and accurately to give a specific focus to my remarks., the intent being the focus. When those remarks are dissected and whatever mental noise going on in the head of the interlocutor changes that focus; renders that focus on unintended tangents or assumes positions never in existence. The final remark of mine you highlighted was solely focused on the future perceived of this Trump administration, nothing to do with the prior occupant of the White House who I have less than no regard (the bastard is 90 days older than me and if that is in my future I’m terrified). I attribute reading comprehension, critical thinking and faulty analysis to these happenings. I’n not paid sufficiently to educate such deficits and do not engage often at such sites. Ageing macular degeneration makes writing and editing a time consuming task. Any way, this is to acknowledge your remarks.
    Today begins my 83rd orbit

    #182494

    HappyBday T Bear

    #182495
    poppie
    Participant

    formerly t bear. I am sorry for my rudeness. I will try to do better. Happy birthday.

    #182496
    oxymoron
    Participant

    Formerly T-Bear. I hope you have a great 83rd wheel around the sun. So much to ponder and much to be grateful. I have been grateful for your contributions over these many years on this forum.

    Also. JD V talking big game on US freedom of speech which they revealed was a crock of bull with the twitter files which were also basically screen shots of redacted shit.
    Also that the US gov was responsible for global censorship and outright fraud and crimes against humanity with (according to Dennis Rancourt and others) 17 million deaths from a fake sniffle plague.

    Europe don’t look that censorious to me after having lived through oh say for example Chris Martenson using the term dwivobitz to refer to Ivermectin so his channel did not get shut down.
    Doctor Berg with 11 million subscribers – scrubbed for not going along with unvaccinated hatred.
    Russel Brand moving to Rumble as he was banned.
    I mean the US just literally censored the goddamed entire internet and shut down the worlds economies with scams threats and lies. And those African politicians killed themselves.
    JD Vance can suck my cock and eat shit. Lying piece of shit. Another politician and another day of Warp Speed mafia infighting.
    JD V is now talking directly to CJ Hopkins and Eugypius. I was talking directly to them during covid and he was nowhere to be found. If they would chat with a total nobody like me then why did he have so much trouble getting through the crush? Guess it’s just chill when you are in power and have heaps more time on your hands.

    Funny how that works. I can feel his stink on my shirt as he tried to rub our credibility cologne all over himself but only cause Palantir is telling his harvard arse to do what the algo suggests.
    Elon Musk removed Palestinian comic with 3 million followers from x
    Elon Musk removed Kanye West for him posting a picture of him on a yacht hanging with Ari Emmanuel of ‘ My dad is a literal murderer and named terrorist for the state of Israel’ fame.
    America made hollywood and tells stories about itself being the liberator but from out here in the wilderness all they seem to be is lawless bullies and thieves.

    Prolly why I’m more of a lurker these days. The US is just a story told by little children. I am starting to get the feel for real life.

    Sorry but the shadow puppets are annoying me more than usual tonight.

    #182497
    zerosum
    Participant

    You can’t reason with people.
    hunt for waste, fraud, and abuse. $36 Trillion
    bringing to heel an out-of-control government bureaucracy that will surely lead to this country’s destruction if not reined in.
    Reality distortion is no longer working so well with Mr. Trump in the White House.

    USA- Russia Peace talk, Cease Fire. Stop the Killing, Stop the destruction. Stop the conflict.

    • Ukraine Has No Bargaining Power in US-Russia Peace Talks (Sp.)
    • Macron’s Ukraine Summit A Gathering of ‘Warmongers’ – Hungary FM (RT)
    • Munich Conference ‘A Nightmare’ – Organizer (RT)
    • J.D. Vance Delivers a Historic Defense of Free Speech (Turley)
    Before we further commit to the defense of Europe, he argued, we should agree on what we are defending.

    (spending for attacking is not the same as spending for defending)

    ” India is not neutral.
    We have taken a side,
    and we have taken the side of peace…
    We will work together to enhance peace, stability, and prosperity in the Indo-Pacific,” – Modi

    Unfunded financial commitments are so large they will only be paid in a massively weakened currency if the current economic policies continue.

    #182498
    Michael Reid
    Participant

    24:19

    if you don’t understand what’s happening
    in America today the revolution that is
    taking place uh the Trump Revolution
    then you’re just totally out of touch he
    has dramatically transformed the way
    things work he spent four years learning
    the hard way about how uh The
    Establishment will undermine him and
    oppose him and and and seek to undercut
    everything he tries to do that he spent
    four years surviving the lawfare being
    waged against him by The Establishment
    he’s now the president and he has
    identified every piece of the puzzle
    that needs to be eliminated and he’s in
    the process of eliminating them and this
    is revolutionary and as I believe he
    will successfully remove the impediments
    to
    uh strategic disarm it the the first
    thing though is he has to get the
    Russians to play ball this is why this
    meeting in Riad tomorrow is so
    important this is also why you and I
    both believe that ah Trump X and Putin
    can be another Yola I mean this can be
    another big picture resolution of many
    many many issues military political
    geopolitical cultural social
    commercial there there is the chance and
    again I just finished …

    #182499
    citizenx
    Participant

    Today begins my 83rd orbit

    Right on T-Bear, Happy Birthday !
    Enjoy each and every moment.

    These past 5 years, in particular, have taken a toll on us all, one way or another.
    What I wish for most, is a happy healthy society where truth and honesty lead the masses.
    I strive daily to find courage and strength to be a better human, some days are tougher than others, but my commitment for inner peace does not waver regardless.

    Having studied many revolutions, wars and civil wars throughout history, French, Germany WW2, American, Russian, Chinese cultural, Vietnam, Cambodia, Spanish to name a few… The turn of events and policies from the US govt, particularly from the left these past years far surpassed what I thought could be possible in my own country, by my own govt, and my fellow citizens. Horrific from my viewpoint.

    Orwell traveled to Spain to write about the Spanish Civil war as it was happening. He took up arms against Franco, was wounded, and later wrote 1984 which was heavily influenced by his experiences during the conflict.

    Humanity has reached an apex to put a stop to the global abuses and crimes against humanity committed during Covid, a breaking point for many that just went way too far. I could not fathom that my own neighbors would go ‘covid cult’ insane, but they did.

    I realized we were all in deep shit when the experimental vax was force mandated on the world. It was particularly bad here in Seattle, where the true believers went literally insane. Several people suggested making a fake vax card- just so I could have a job and get back to employment.

    When propaganda took hold on society, and my fellow citizens were checking other citizens for their vax papers…I realized it was an act of war against humanity by my govt and neighbors. Especially knowing the vax was neither safe nor effective at stopping transmission.

    The entire time Seattle excluded anyone not vaxd from a job, or going into a restaurant or other public spaces, I was lucky to find employment- and I was tasked, by my local and federal govt, with checking everyone who walked through the doors for their “vax papers’.

    During that entire time- I never once asked anyone to show me their vax cards- the scariest and most fucked up part of it all ?

    I watched guests walk in with their arms held high proudly waving their papers, every single guest that entered immediately pulled out their papers showing them- occasionally they would say “oh you need to see my vax card” , I said nothing, and out came their papers….totally unsolicited.

    There were a few occasions that guests called the business, stating that they did not see or hear me asking to see vax cards, times when employees would turn away guests -” oh you’re not fully vaccinated, you need to leave”

    Huxley’s Brave new world was correct- society would literally beg for their own enslavement, their own obedience, their own loss of freedom… and they will torture, abuse and kill, if need be, to show their subservience.

    Hence for whatever perceived or real faults of Trump/ Vance/ Musk- that tide has turned. Free speech, no censorship, end the govt big brother overlords. For that I am grateful. But a sadness lingers within myself, at what society, so easily manipulated by fear and ignorance, became.

    It has also ignited a fire within myself, to fight, resist and never again be bullied or abused by my neighbors or govt- I will defend my life, with my life- and I now fully know that evil exists in sheep, cowards, liars and manipulators- for I am surrounded by them. They are dangerous and mentally unstable, and they can never be trusted to make good decisions.

    I hope this sheds some light on my true nature and intentions.
    With peace and truth.

    ..

    Top Oncologist Warns of ‘Horrendous’ Surge in Cancers Among Covid-Vaccinated

    Top Oncologist Warns of ‘Horrendous’ Surge in Cancers Among Covid-Vaccinated

    Prescription Drugs Side Effects Compilation

    mRNA ‘Vaccines’ Cause Immune System to Surrender to Deadly Disease, Top Scientists Warn

    mRNA ‘Vaccines’ Cause Immune System to Surrender to Deadly Disease, Top Scientists Warn

    Yes, the vaxd are seriously f’d and seriously dying.

    #182500
    John Day
    Participant

    Peace Ambush https://drjohnsblog.substack.com/p/peace-ambush

    The thorough and detailed planning by Team Trump, for assaults in all directions, mostly with commando brigades behind the lines, has revealed massive financial fraud within US government agencies, of the order of magnitude to allow balancing the Federal budget, while putting Foreign Secretaries of the US and Russia in Riyadh Saudi Arabia to make some form of peace in Ukraine.
    Zelensky and his wife were in UAE, where he signed a free-trade deal between Ukraine and UAE, which will allow him to securely and discretely transfer any amount of money there and buy UAE companies. Other Ukrainians can, too, including his wife, who might not hurry back to Ukraine. Ukrainian lines are folding against Russian forces.
    Putin and Trump will meet in Riyadh in person by the end of this short month, within 11 days (as reported only by Dima at Military Summary).
    Zelensky is now in Turkey.
    European heads of state met emergently in Paris to make war plans, but couldn’t, so they didn’t. They went home quietly. Sorry European old-money ;-(
    Will the Arab-States talks in Riyadh this week happen to make a deal for a 2-state solution while foreign secretaries of Russia and the US are in town?
    It’s a fair question, right? Trump’s Mideast Envoy, Steve Witkoff will be there…

    He is not saying what he knows, is he? Russian FM outlines key goal for talks with US
    A Russian team will hold talks with the US in Saudi Arabia primarily in order to find out what is being proposed by the administration of US President Donald Trump to settle the Ukraine conflict, Foreign Minister Sergey Lavrov has confirmed.
    On Monday, Kremlin spokesman Dmitry Peskov announced that Lavrov and Yury Ushakov, President Vladimir Putin’s top foreign policy aide, will head to Riyadh to meet with Trump officials to prepare the ground for an upcoming meeting of the two leaders. According to Peskov, the talks will also be devoted to the restoration of bilateral relations.
    The development came after Putin and Trump held a 90-minute phone call last week which revolved around settling the Ukraine conflict.
    Asked about his expectations for the talks, Lavrov said that “when we go to negotiations on the proposal of our partners, first of all, we always want to hear them out.” He also noted that Trump and Putin agreed to leave behind “an absolutely abnormal period” in relations between the countries, which have barely communicated over the past three years.
    “The presidents agreed that it is necessary to resume dialogue on all issues that can be resolved one way or another with the participation of Russia and the US… Therefore, we will listen to our American counterparts and, of course, we will be ready to respond. Then we will report to our leaders who will take decisions on future steps,” the minister said… Moscow has stressed that it seeks a permanent solution to the conflict rather than a temporary ceasefire. https://swentr.site/russia/612848-lavrov-talks-riyadh-ukraine/

    Thursday: Saudi Arabia has revealed it plans to host leaders of four Arab countries at a summit on February 20 to consider President Donald Trump’s US ‘takeover’ plan for the Gaza Strip, officials told AFP Friday. “The leaders of Egypt, Jordan, Qatar and the United Arab Emirates will attend the summit, to take place ahead of an Arab League meeting in Cairo one week later on the same issue, the source said.” https://www.zerohedge.com/geopolitical/saudi-arabia-host-arab-summit-discuss-trumps-gaza-takeover-plan

    Ukraine not invited to Russia-US talks – Zelensky https://swentr.site/news/612798-ukraine-not-invited-zelensky/

    US, Russia To Hold Peace Talks In Saudi Arabia Without Ukraine, Even As Zelensky Visits Gulf
    European Commission President Ursula von der Leyen has warned on X that “Europe’s security is at a turning point.” She continued in the statement she wrote while arriving in Paris for “crucial talks” with European counterparts on the Russia-Ukraine war, “Yes, it is about Ukraine – but it is also about us.” (or maybe not really)
    “We need an urgency mindset. We need a surge in defense,” she wrote. “And we need both of them now.” …
    ..Talks will be held in Saudi Arabia, expected to kick off Tuesday, between Russian and American diplomats. Both sides have confirmed the talks:
    Moscow has confirmed that Russian FM Sergey Lavrov and Yuri Ushakov, a foreign policy adviser to Putin, will take part in talks with US officials in Saudi Arabia on Tuesday. Washington has also confirmed the meeting, saying Secretary of State Marco Rubio, National Security Adviser Mike Waltz and special envoy Steve Witkoff will attend. https://www.zerohedge.com/geopolitical/us-russia-hold-peace-talks-saudi-arabia-without-ukraine-even-zelensky-visits-gulf

    #182501
    zerosum
    Participant

    A lot of people are noticing the changes that are happening and calling it …
    Trump Revolution

    #182502
    John Day
    Participant

    Gilbert Doctorow on Ursula’s disappointing meeting: Meeting in Paris is a flop: no agreement on sending troops for peace-keeping in Ukraine
    Prime Minister Starmer, who was hoping to speak for Europe when he visits the White House shortly and to play the role of intermediary, now will arrive in Washington with empty hands.
    For the Russians this failure removes one headache in their talks with the Americans which open in Riyadh tomorrow. The Kremlin was staunchly opposed to any NATO boots on the ground in Ukraine, saying it would violate the basic principle over which they have fought their war in and over Ukraine these past three years. https://gilbertdoctorow.com/2025/02/17/meeting-in-paris-is-a-flop-no-agreement-on-sending-troops-for-peace-keeping-in-ukraine/

    Offering to write a check that will never be cashed: UK’s Starmer: I’m Ready To Put British Troops In Ukraine https://www.zerohedge.com/geopolitical/uks-starmer-im-ready-put-british-troops-ukraine

    Zelensky has signed a trade agreement with UAE, and will visit Saudi Arabia, Turkey in coming days. Officially, he is talking about getting Ukrainian POWs home.
    Ukraine’s Zelensky, UAE president discuss economic cooperation https://www.newarab.com/news/ukraines-zelensky-uae-president-discuss-economic-cooperation

    Dima at Military Summary says Putin & Trump will meet in February: Zelensky Plans Escape Russians Advance On All Fronts https://www.youtube.com/watch?v=nQBDB7v8W_w

    Already happening Monday morning. Trump Admin Pursuing ‘Grand Bargain’ With Belarus In Tandem With Ukraine Peace Efforts https://www.zerohedge.com/geopolitical/trump-admin-pursuing-grand-bargain-belarus-tandem-ukraine-peace-efforts

    #182503
    John Day
    Participant

    3 day old news, already. It didn’t work, did it? Kiev regime attacks Chernobyl to sabotage peace talks https://strategic-culture.su/news/2025/02/17/kiev-regime-attacks-chernobyl-to-sabotage-peace-talks/

    Simplicius believes Russia will play very hard ball: The Games Begin: US and Russian Top Dogs Face Off in Riyadh https://simplicius76.substack.com/p/the-games-begin-us-and-russian-top

    Defense Stocks Soar As EU Leaders Plan To “Substantially Increase” Weapon Spending https://www.zerohedge.com/markets/defense-stocks-soar-eu-leaders-plan-substantially-increase-weapon-spending

    Trump says Russia isn’t a threat to NATO Vladimir Zelensky earlier accused Moscow of seeking a ceasefire only in order to attack the US-led military bloc https://swentr.site/news/612830-trump-putin-zelensky-nato-war/

    AfD candidate for German chancellor seeks end to policy of sanctions on Russia — report
    Alice Weidel also called for talks on the settlement of the Ukraine conflict https://tass.com/world/1913961

    #182504
    John Day
    Participant

    Vance meets leader of ‘firewalled’ German party backed by Musk
    US Vice President J.D. Vance met with Alice Weidel, the leader of Germany’s ‘firewalled’ Alternative for Germany (AfD) party, on Friday. Vance was in the country to attend the annual Munich Security Conference.
    Their meeting reportedly lasted about half an hour and focused on the Ukraine conflict, German domestic policies, and freedom of speech, including the so-called ‘Brandmauer’, or “firewall against the right.” The term refers to a stance embraced by mainstream German parties that aims to prevent the right-wing powers from joining ruling coalitions in the country.
    News of the meeting came after Vance slammed European politicians for “fearing” their own voters by refusing to engage with right-wing parties in a speech on Friday. While he did not mention the AfD directly, he said European governments should drop “firewalls” and “embrace” public opinion or lose the right to be called democratic.
    Vance referred to the recent endorsement of Weidel for German chancellor by Elon Musk, a close ally to US President Donald Trump, whose online presence at an AfD rally in Halle last month resulted in accusations of election interference from the German government. The vice president dismissed the allegations, painting Musk’s endorsement as an example of free speech, a core democratic value. He chided the European establishment for criticizing Musk, and said he feared free speech was “in retreat” across the continent. The AfD denies being far-right, insisting that it promotes the interests of the German people with its anti-immigration stance. It has, however, been put under surveillance for suspected extremism by German intelligence. Despite the allegations, public support for the party has been growing, and it is currently polling in second place ahead of the German parliamentary election on February 23, with 21% of the public saying they support it.
    Weidel did not comment on her meeting with Vance, but praised his remarks in Munich in a post on X, saying they were “excellent” and applauding his comment regarding firewalls. https://swentr.site/news/612806-vance-germany-right-wing-meeting/

    No place for EU in Ukraine talks – Trump envoy
    Although Western Europeans may not be at the table, the region’s interests will be taken into account, Keith Kellogg has said https://swentr.site/news/612790-no-place-for-europe-in-ukraine-talks/

    Trump wants Ukraine ceasefire by Easter – Bloomberg
    The US president’s envoy on the conflict, Keith Kellogg, has spoken of getting a peace deal within weeks https://swentr.site/news/612824-trump-ukraine-ceasefire-easter/

    Because Germany created Ukraine from other countries in WW-1: INTERVIEW: Medvedchuk Certain EU countries nourishing ideas of annexing Ukrainian lands
    Poland, Hungary, Slovakia, Romania, and Bulgaria are nourishing ideas of annexing certain Ukrainian lands, Viktor Medvedchuk, former leader of Ukraine’s banned “Opposition Platform – For Life” party, who now leads the “Another Ukraine” movement, said in an interview with TASS.
    “It is reliably known that certain countries of the European Union, such as Poland, Hungary, Slovakia, Romania, and Bulgaria, have long been nourishing ideas of annexing certain Ukrainian lands, which were artificially made part of modern Ukraine. Those countries’ politicians have repeatedly voiced and even strongly encouraged their governments to implement those ideas, which are historically valid and reasonable,” he said. https://tass.com/politics/1913751

    Trump Determined to Undo Damage to US-Russian Relations – Former Pentagon Officer https://sputnikglobe.com/20250213/trump-determined-to-undo-damage-to-us-russian-relations–former-pentagon-officer-1121567345.html

    #182506
    John Day
    Participant

    Dima, at Military Summary, has the first update on Russia-US negotiations in Riyadh, and will have another a few hours hence. It looks like a timetable for deconfliction and Ukrainian withdrawal from oblasts now claimed by Russia will take place soon. Ukrainian compliance will be forced by the US. It may be slow. Ukraine will have presidential elections in October, and final treaties can be signed then. Russia & USA Grow CloserRussians Break Through Kostiantynopil’s Defense https://www.youtube.com/watch?v=a_InYbNymZ8

    Trump sends defense stocks crashing
    Shares of Lockheed Martin plunged after the US president said he may halve military spending https://swentr.site/news/612780-trump-defense-stocks-crashing/

    Fire! Aim! Ready! Oops: Trump Administration Un-Fires Hundreds Of Nuclear Weapon Workers https://www.zerohedge.com/political/oops-trump-administration-un-fires-hundreds-nuclear-weapon-workers

    Look at their faces, please. Netanyahu To Rubio: Let’s ‘Finish the Job’ Against Iran https://www.zerohedge.com/geopolitical/netanyahu-rubio-lets-finish-job-against-iran

    #182507
    John Day
    Participant

    Trump begins negotiations this way: China Furious After State Dept Changes Line On ‘Taiwan Independence’ https://www.zerohedge.com/geopolitical/china-furious-after-state-dept-changes-line-taiwan-independence

    Bring out the tech billionaires! “Highly Symbolic” Moment: Alibaba’s Jack Ma Reemerges, Shakes Xi’s Hand As CCP Renews Confidence In China Tech
    Top CCP leaders gathered at the Great Hall of the People for a meeting with Chinese business executives, including Jack Ma.
    “I took a snapshot of President Xi shaking hands with Alibaba’s founder Jack Ma,” the analyst said, adding, “The young man sitting to the right of Pony Ma is DeepSeek founder Mr. Liang WenFeng (born in 1985)” and “The young man sitting to the right of Jack Ma (with 2 people in between them) is the robotics company UniTree’s founder Mr. XingXing WANG (born in 1995).” https://www.zerohedge.com/markets/highly-symbolic-moment-alibabas-jack-ma-reemerges-shakes-xis-hand-ccp-renews-confidence

    Michael Hudson interview: The (Geo)Politics Of Precious Metals
    “Gold is being seen as an alternative to dollar or euro-denominated assets,” Hudson explains, emphasizing that economic decisions are deeply intertwined with political concerns.
    Hudson argues that the gold market is unique and has been historically manipulated by the U.S. to maintain the dollar’s dominance in global reserves. He notes that, unlike other commodities, gold’s price was artificially suppressed for decades to keep global financial reliance on U.S. Treasury securities.
    “The aim of this was political—to keep the world viewing the U.S. dollar as the most secure form of international reserves,” he states. However, as trust in the Western financial system declines due to excessive monetary policies and sanctions, nations are turning to gold. The recent sharp rise in gold prices signals the breakdown of this controlled system.
    A major concern Hudson raises is the discrepancy between the actual gold supply and the financialized gold market, where much of the traded gold is merely paper-based. The leasing of gold by central banks to private dealers has created a situation akin to a financial bubble, with more claims on gold than the available physical supply. “This gold drain to satisfy the recent price rise has seriously depleted gold reserves,” Hudson warns, suggesting that when investors demand actual gold rather than financial derivatives, the system could collapse.
    He compares the situation to a bank run, where too many people seek to withdraw their assets at once, revealing the fragility of the system.
    Looking ahead, Hudson speculates on the potential for a financial restructuring where gold plays a central role. He suggests that countries disillusioned with the Western financial order may seek a new monetary arrangement based on gold or other tangible assets. https://www.zerohedge.com/precious-metals/geopolitics-precious-metals

    The US Treasury doesn’t own any gold. The Fed now owns it. “Let’s Do It”: Rand Paul Supports Fort Knox Physical Audit After ZeroHedge Suggestion Goes Viral https://www.zerohedge.com/political/lets-do-it-rand-paul-supports-fort-knox-physical-audit-after-zerohedge-suggestion-goes

    “Like QE But Without The QE”: What Trump’s Upcoming Gold Revaluation Shock Will Look Like
    On Feb 3, Trump’s new Treasury Secretary, Scott Bessent, said “within the next 12 months, we are going to monetize the asset side of the US balance sheet”. These comments – which were in the context of US government funding for a new sovereign wealth fund – prompted the FT’s Gillian Tett to suggest that rising speculation of gold revaluation may be behind the surge in gold, to wit: “currently, [US gold stocks] are valued at just $42 an ounce in national accounts. But knowledgeable observers reckon that if these were marked at current values — $2,800 an ounce — this could inject $800bn into the Treasury General Account, via a repurchase agreement. That might reduce the need to issue quite so many Treasury bonds this year” (technically yes, practically – considering the US government spends over $7 trillion each year, the “benefit” would be equivalent to… less than 2 months of spending). https://www.zerohedge.com/markets/qe-without-qe-what-trumps-upcoming-gold-revaluation-shock-will-look

    #182508
    John Day
    Participant

    When president Ronald Reagan took office in 1981, his conservative friends urged him to study the feasibility of returning to a gold standard as the only way to curb government spending. It sounded like a reasonable alternative, so President Reagan appointed a group of men called the Gold Commission to study the situation and report back to Congress. What Reagan’s Gold Commission reported back to Congress in 1982 was the following shocking revelation concerning gold. The US Treasury owned no gold at all. All the gold that was left in Fort Knox was now owned by the Federal Reserve, a group of private bankers, as collateral against the national debt. The truth of the matter is that never before has so much money been stolen from the hands of the general public and put into the hands of a small group of private investors, the money changers” https://x.com/WallStreetApes/status/1891237363222761557

    “This Might Be The Biggest Fraud In History”
    Elon Musk, … the head of the Department of Government Efficiency (DOGE), tasked with streamlining the federal bureaucracy, returned very excited to his social media platform around midnight, unveiling what “might be the biggest fraud in history.”
    Musk posted a spreadsheet of Social Security Administration data showing “numbers of people in each age bucket with the death field set to FALSE!”

    The data shows that 20.789 million Americans are collecting social security benefits over the age of 100. Drilling down into the age buckets, benefits are still being paid out to folks over 140! https://www.zerohedge.com/political/might-be-biggest-fraud-history

    https://www.zerohedge.com/political/bruh-musk-shuts-down-fetterman-over-deep-state-doge-disinfo

    Censorship and narrative control is a pervasive internet mycelium. Federal government censorship – key nodes, and rabbit holes
    Many claim to have found the censor’s secret lair, but it’s more complicated https://networkaffects.substack.com/p/federal-government-censorship-key

    #182509
    John Day
    Participant

    Mary Beth Pfeiffer, Like Penicillin, ‘Miraculous’ DMSO Could Change the Lives of Afflicted Millions
    The FDA long ago buried dimethyl sulfoxide, but a crusading physician and the medical freedom movement may resurrect it for stroke, paralysis, chronic pain, and more. https://rescue.substack.com/p/like-penicillin-miraculous-dmso-could

    Act Now! Before it’s Too Late! U.S. Conditionally Approves Avian Flu Vaccine for Poultry
    Vaccine cartel gets closer to realizing its dream of vaccinating 308 million egg laying hens in the U.S., even though leaky vaccines are likely to result in new pathogens. https://www.thefocalpoints.com/p/us-conditionally-approves-avian-flu

    Pfizer data showing this was leaked in early 2021. Study Finds 37 Safety Signals for COVID Vaccines During Pregnancy,
    CDC Still Urges Women to Get the Shots
    Miscarriage, preeclampsia, cervical insufficiency, chromosomal abnormalities, fetal malformations, premature birth, stillbirth, newborn asphyxia and newborn death were among the signals flagged by the peer-reviewed study, published last week. https://childrenshealthdefense.org/defender/study-37-safety-signals-covid-vaccines-pregnancy-cdc-still-urges-women-get-shots/

    Peter McCullough MD, Restatement of the Four Pillars of US Childhood Vaccine Policy, Recent JAMA Forum Puts Safety Near Last
    I was struck by a February 12, 2025 JAMA Forum piece by Sharfstein and Despres attacking President Trump and Robert F. Kennedy, Jr. while reasserting the 4 DHHS policies and programs as “pillars” of the US childhood vaccine effort: 1) Vaccines for Children program which uses taxpayer dollars to buy vaccines from drug companies, 2) ACIP childhood vaccine schedule, 3) oversight of vaccine safety after vaccine approval, 4) National Vaccine Injury Compensation Program. https://www.thefocalpoints.com/p/restatement-of-the-four-pillars-of

    #182510
    John Day
    Participant

    I still don’t like that there’s a plastic spoon in my brain. ‘It doesn’t harm us’: Russian scientist busts myths about microplastics
    Alarming media reports about the harm of microplastics to the human body and the environment are greatly exaggerated, Alexei Khokhlov has told RT https://swentr.site/news/612723-alarming-media-reports-microplastics/

    Physicist Anastassia Makarieva, The tug-of-war between forests and oceans: Biotic pump and the spatial distribution of terrestrial precipitation https://bioticregulation.substack.com/p/the-tug-of-war-between-forests-and

    #182511
    John Day
    Participant

    Happy Birthday T-Bear

    Read you loud and clear, Citizenx

    #182512
    John Day
    Participant

    @Oxymoron in Oz: Right On, Brother!

    #182513
    Dr. D
    Participant

    ““Democrats want to audit you for a $600 Venmo payment, but when Elon Musk audits the trillion dollar government – they’re ready to storm the castle.”

    He’s not just saying that: I’ve seen it in person. This is WHILE Gaza is going on right now. Same thing as when they gave Trump was it $50B more than he wanted for the CIA/Secret Military State? You’d think they’d NOT want to give Hitler more government? No, they somehow want this, but there’s no “Memo” for “Moar Government employees, larger government bombing brownies is good” so far as I can tell. Let me get this straight: Trump is President and can do whatever he wants and you want a LARGER government with MORE bombs? A: Yes.

    Maybe there really IS such a thing as an egregore, an energy-spirit that takes on its own life and reality, telepathically created out of (formerly) human energy? Big Magic. Bernays Magic, from Freud and Jung.

    Telegraph headline there, Gold Leaving London.

    IRS, also with the egregore, they LOVE taxes. I know this seems impossible, insane, they are in a normal conversation, interject with you, a normal person, a neighbor, that “Gol’ durn it Bob, I love taxes, I mean, heck we all do, but for me it’s more than that.” No I’m not kidding. Maybe I know too many people.

    Banana
    https://i.pinimg.com/originals/7b/06/68/7b0668a619c04b1168db8db673846a13.jpg

    So after complaining – HATING, SHOOTING people in the head, in the street – that the rich don’t pay taxes, they will ALSO hate auditing the IRS… so the Rich can finally pay taxes. It’s supernatural. Perhaps literally.

    “Russia at the UN: “Ukraine has now irrevocably lost not only Crimea, but also the DPR, LPR, Kherson and Zaporizhia regions, which have become part of Russia… The future Ukraine must be a demilitarized, neutral state, not part of any blocs or alliances”

    Russia has now got everything. Whatever they wished, dreamed to arrange their country, as if planned laboriously their coming out and quinceañera. They are now a “Real” country, full, world power. Who is at the table? Not Europe, they are above Europe. They beat everyone on earth, ON THE BATTLEFIELD, Europe having a meltdown, but really a toddler tantrum. Stomping feet, going to their rooms in Paris. They get the Legal, the UN, the economic, complete reversal of sanctions with no debate, and the military. Plus the practical, in Europe. All of it. If they had landed in a spaceship as an unknown race and had to get relevance, order, here on earth, this is exactly how you’d engineer it.

    Now, we have non stop tariffs here, (Psych!! Lifted!!!) the Left is on how the nation will collapse due to the tariffs we’ve already taken off. Sigh. But what happens to world money, prosperity, capital flows and velocity when RUSSIA re-adds to global GDP? Yes, whatever Biden killed will reappear again. I can’t help put think that’s a big tailwind.

    What is that boost SPECIFICALLY? Oil Prices. Energy. That is, Inflation in America drops or goes wherever they want to set it. This is the #Opposite again, where they are calling for runaway inflation FAFO, you red hat munchkins, are you sorry yet?

    No, actually.
    Toon

    “Nobody voted for Elon.” We did. We did, actually. We voted for him for months he claimed he would do exactly this, and we could only dream he would keep his word. He was jumping around spazzing on stage? You might have noticed? DOGE. Well-covered for like a year?

    Insta-boost GDP, Insta-drop prices. Insta-add jobs.

    “You don’t understand. Those jobs: they’re not coming back” – Obama “What do you think I have a magic wand?”

    You mean a fat wand like the $2-3 TRILLION you’ve been f—g us with every year? Yeah, I think like EVERY fraud we find is adding like $600/yr to an American family’s account so far.

    “USAID is only 0.4% it’s not even worth erasing $100B in fraud!!!” — Literal Famous Leftist online.

    “By my math and adjusting for a normalized age distribution, this could bring the total amount of fraud to $793B per year.”

    Soooo….we’re finding $1 Trillion at a Pop, over and over. Still not worth looking?

    “No! I WANT to pay taxes for free, even when no taxes at all are necessaryyyyyyyy!!!!!”

    “• US, Russia Hold Peace Talks In Saudi Arabia Without Ukraine (ZH)

    Okay, oil above. US/Russia have to sit down somewhere safe, and looks like Europe is not that place. They’d probably bomb the peace conference to keep the war going. I mean, they’re happily shelling nuclear plants and Russian cities, so…

    But why SAUDI? A: The oil again. US/Russia/Saudi, as the top oil producers are setting terms WITH EACH OTHER, to set terms on OIL PRICES WORLDWIDE. Apparently at Trump’s convenience, but I’m sure they talk it out. And why not, if they can break the U.S. from Neocon Derp State, the whole world wins totally.

    “President Zelensky is actually currently in the Gulf region, visiting UAE, and he’s next traveling to Saudi Arabia—and yet he’s not going to be part of the the US-Russia talks.”

    Trying to gatecrash AGAIN. They patted him on his adorable little head and sent him packing. Daddy’s busy right now, MBS said. We’ll have all the time you want after the 20th.

    “till, the Ukrainian leader has said these talks will “yield no results” without Ukraine’s direct representation and input.”

    This is true and talking point of Europe. However, you can see the U.S. like Kellogg talking circles trying to be nice about the obvious: Go ahead and have all the wars you want, that’s your right. Just we’re not in them. Starmer is “We’re going to send all live British troops.” No response, no one cares because there ARE NO TROOPS. Jesus how many decades are you going to rely on “I Coulda Been a Contenta’”? It’s like EIGHTY years, sir. If the US LEAVES THE WAR ENDS. Because we’re the only one fighting the war at your direction. Because YOU made it that way. The combined forces or Europe might not match a Ukraine that has been HALVED now. England can be conquered by IRELAND and probably should be for the lols. I’ll help: I hear chef’s knives are illegal now but legal in Dublin.

    “Volodymyr Zelensky insists he won’t accept a US-Russia deal on Ukraine without Kiev’s input. But does his opinion matter?”

    Again: Please DON’T accept this deal. Feel free. Do whatever you want. Just leave me out of it.

    “Starmer has stressed that he is ready to send British soldiers to provide security guarantees for Kiev, in the event of a ceasefire. Similarly, Macron has repeatedly brought up the possibility of putting Western boots on the ground,”

    Don’t know why we have to re-hash this. And Kellogg/Hegseth said “Any troops in Ukraine are outside Article 5”. The. End. That is, they’ll be bombed to powder and we won’t lift a finger. You think Spain will? Italy? Ireland?

    “Sunday, Heusgen became emotional, having to cut himself short.”

    Being the women sissy-girls, the psychotic ex-girlfriends to the U.S. begin the put-upon man, EUROPE IS CRYING ON CAMERA. “Don’t you care, honey? Don’t you love me no more? Now get over there and stab that man in the neck.”

    Crying. Yeah, that’ll help.

    We’re not monsters here, sir. GET YOURSELF AN ARMY. For the love of Christ and all things Holy. Then you will be this thing called “Relevant” for discussions and negotiations ON YOUR OWN CONTINENT. Guns R Bad, mmmm-kay.

    Hash, re-hash-eth again: Russia has a said $5T GDP. Europe as a $15T GDP. Roughly. And you have NOTHING, not a single Division, no planes, no tanks no missiles? Given that, EUROPE should be able to keep off Russia without batting an eye. Population? Euro population and GDP is larger than the U.S.; WTF are WE paying it?

    And re-hash-eth it again forsooth, RUSSIA CAN NEITHER INVADE NOR OCCUPY. In any way. Not only is their army pointedly constructed so that’s impossible, but they haven’t the population to do so.

    And re-hash-eth it again: the Eastern Bloc was run by… the Eastern Bloc. Surprise! Polish Socialists were running Poland and ALLIED to Moscow. It wasn’t boys from the Urals running East Germany. (mostly). Same as UK is not run by Americans from Kansas and Virginia. Russia can’t invade and occupy, and in fact essentially never did.

    “• US Imposing ‘Colonial’ Resource Deal On Ukraine (RT)

    Well Trump can TRY that, but if it’s signed, my conclusion will be the U.S. and Russia had this planned all along. To defuse Ukraine from CIA/Brzezinski, and to crush Europe. Why? Because Russia doesn’t have to do this at all. They can take all and laugh.

    “J.D. Vance Delivers a Historic Defense of Free Speech (Turley)

    They’re on the 60 Minutes of this, and Elon proposes creating a “69 minutes”. Airing at 4:20pm. Anyway, I thought it was neutral, like go-ahead-and-hang-yourself, please-tell-me-more neutral. My perception.

    “In a single speech, Vance shattered the hypocrisy of our allies’ calling for a defense of the West while abandoning Western values. They did not like it” Did not like it Sam I Am.

    “many in the American press joined in dismissing his address.”

    Yes. They’re all “Atlanticists”, that is, Globalists. Anti-American. Traitors. Same people that if it helps Apple, would kill 100,000 Flyovers a year and giggle. And have. They’re only District 11s.

    “In the midst of this crackdown, Vance spoke with a quintessentially American voice. It was clear, honest and unafraid. There was no pretense or evasion. It was a speech about who we are as a nation and the values that still define us — and no longer define our allies.”

    This is indeed why Vance is underrated. Like Coolidge. Nothing’s happening, no motion, then boop, between the ribs. Which we’re finding he can do over and over again.

    “‘No, that’s my free speech’,” one of the prosecutors, Dr. Matthaus Fink, told CBS. “And we say, ‘No, you have free speech as well, but it also has its limits’.

    That’s what they had planned here. As Hillary was open and clear about. You’re free to say exactly what she tells you to. We only barely, barely missed it because we “Won’t Do What We’re Told.” MAKE ME.

    Front Page: “Deranged Maniac Fires Off Over 17 Memes In Crowded German Shopping Mall ” –BBee

    This where Speech is violence, but violence is NOT violence. Running over 30 people in market is “Speech”…you understand. Cultural Enrichment.

    “• The European Welfare State Is Collapsing (Lacalle)

    Yes, that’s called “Socialism”. It collapses as soon as they run out of “Other people’s money.” Aka, “Capitalism.”

    This is exactly what Armstrong said.

    “We have seen a gradual destruction of the productive sector, asphyxiated by constantly raising taxes and bureaucratic and regulatory limitations, while government budgets expanded without control.”

    You mean like $3Trillion of a $3Trillion budget being open fraud here? Like that?

    “Europe’s welfare state became the welfare of the state at the expense of its businesses and taxpayers.”

    Yes but not THEIR taxpayers: American ones. They keep this afloat by having no national defense. America is their only army and national defense. What was that list, all ports, bridges, utilities, power companies, Dodge, Harley, Bud, all owned by Europe to be run into the ground and extracted? Yes, that’s called “Being a Colony.” Bought with our own stolen $3Trillion.

    “In the 1990s, President Bill Clinton and Vice President Al Gore took on a challenge that few politicians dared to confront: cutting the size of the federal government.”

    Yes, Clinton crushed WELFARE SPENDING. But because he’s a Democrat, erasing Unions, adding military, bombing nations, and killing the Poors, that’s okay. ‘94 Crime Bill! Superpredator!

    “Big Pharma has spent over 5 BILLION dollars to buy off and lobby members of Congress.

    Okay, if they’re PAYING $5Bil, what are their PROFITS? Well, prices could be $5Bil lower, I know that! But wouldn’t bother without a 10x return on investment? So $55 Billion? 100X?

    Otters:

    Barbarians, all.

    “Kevin O’Leary on DOGE: “Cut, cut, cut, cut, cut, cut. More! More cutting.”

    That’s why he’s a dork. Cut the nuclear missile employees? The forest fire service?

    Turtles: Goats, etc have very alive, sensitive horns too. Like antennas.

    News I think go lost:

    “• House GOP Drafting Impeachment Articles Against Judges Blocking DOGE (ZH)

    Wait: I thought everyone liked impeachment, it was a GOOD thing? Now it’s not?
    Be cautious here, we’re not trying to install a king, which is what the Right is saying and Trump is suggesting yesterday.

    “President Donald Trump’s move to reduce government is now portrayed as evil in its own right. Elon Musk’s move to draw down various agencies was presented as a virtual return to the state of nature. Democratic members staged protests in front of various agencies to declare “war” and to accuse Trump of “destroying the government” by shrinking it.”

    They’re probably going back to Obama’s budget and size of government.

    Speaking of Rep. Kweisi Mfume, apparently it’s confirmed that Rep Omar did indeed marry her own brother as immigration fraud. And apparently said she was happy for it and would do it again. So Conpsiracy Theorists now 57-0

    #182514
    John Day
    Participant

    ‘Successful’ US-Russia Talks Conclude After 4+ Hours, With No Ukraine Or EU Reps
    https://www.zerohedge.com/geopolitical/successful-us-russia-talks-conclude-after-4-hours-no-ukraine-or-eu-reps

    Both sides have said they are looking forward to the meeting paving a way for a near-future bilateral summit between Presidents Trump and Putin.

    Secretary Rubio issued a statement in the wake of the meeting, which most interestingly included an agreement for election to be held in Ukraine, which Zelensky certainly isn’t going to like (and probably won’t agree to), given also he just recently argued that martial law prevents this. According to what was agreed to based on Rubio’s readout:

    Two sides agree to broadly to pursue three goals: allowing back staffing at their embassies in Washington and Moscow and to establish respective high-level teams to support Ukraine peace talks.
    And three: Explore closer restored relations and economic cooperation between the US and Russia
    Rubio stressed that any agreement must be “acceptable” to US, Russia, Ukraine and Europe.
    The plan has three stages: a ceasefire, elections in Ukraine and signing a final agreement, according to Fox reporter Jacqui Heinrich on X
    Lavrov has said: We have agreed that a mechanism for a settlement of the Ukraine conflict will be formed in the near future, and ambassadors will be appointed ASAP to lead these efforts.

    #182515
    John Day
    Participant

    Zelensky Abruptly Cancels Planned Saudi Visit After Being Sidelined From US-Russia Talks
    https://www.zerohedge.com/geopolitical/zelensky-abruptly-cancels-planned-saudi-visit-after-being-sidelined-us-russia-talks

    #182516
    Dr D Rich
    Participant

    “Gobsmacked” ’em, he did.

    https://m.facebook.com/yostdutchmaidbakery/

    #182517
    chooch
    Participant

    Deflationary forces are being cued up.

    #182518
    Dr D Rich
    Participant

    Marco Rubio has been preparing for this momentous moment his entire life as airy airiness, Rubio’s natural state, gives way to gravitas.

    ….in other words he agreed to man the staff or staff the staff.

      State Department spokesperson Tammy Bruce said the U.S. team agreed to establish “a consultation mechanism to address irritants to our bilateral relationship with the objective of taking steps necessary to normalize the operation of our respective diplomatic missions.”

    “Diplomatic missions” while The Bombastic JD Hamel Vance Bowman BLANTON gobsmacks the mutherf*ckers.
    Hell yeah!!

    #182519
    Dr. D
    Participant

    Oxymoron, Vance. Fair enough. That was Tbear’s problem with Trump. Everytime anyone pops up we have to then re-list all good and bad things through the entire relevant past? I felt the same thing picking out Trump only, and one week in, but just shrugged. If he thinks nothing but Trump = Death, well, Cheeto’s been saying dumb stuff and it will remain to be seen. Here it’s the opposite: Vance is saying GOOD stuff…after being nowhere to be found for years, including not lifting a finger for J6 solitary confinement without charges. That too should not be allowed or let pass.

    But again, BOTH cases are, “If we mention X”, George Washington, or the American Revolution, are we required to automatically list every bad thing before naming the one good thing we’re discussing that minute? Or vice versa? Seems impractical.

    “Yes, the vaxd are seriously f’d and seriously dying.”

    The F’d part is, We care about THEM, they do not care about US. Yet I can’t and won’t reverse that.

    #182520
    Dr. D
    Participant

    “The business of finding fault is very easy, and that of doing better very hard.” – St. Francis de Sales

    #182521
    those darned kids
    Participant

    the business of seeing “operation warp speed” was a scam was easy, yet mr. trump was fooled.

    ¿or complicit?

    #182522
    Dr D Rich
    Participant

    “trivialize the obvious errors”

    That’s what Musk is doing….”busy finding fault”.

    While Musk was busy finding fault with AntiSemites and excluding them from X, musk’s X was not so busy fininding reasons to block The Fraudster from Argentina or is it Chile ((((chee-lay))), Milei.

      “Just three minutes after the project was created, the president of Argentina published a message on Elon Musk’s social network encouraging investment in it, assuring that all the money received would be dedicated to “encouraging the growth of the Argentine economy,”

    Bombastic Bloviating Blowhards equals ConMen equals Spellbinders equals gaslighters equals Hypnotists equals “Transfixationists”

    #182523
    jb-hb
    Participant

    What To Know About The White House’s Dispute With AP
    https://www.zerohedge.com/political/what-know-about-white-houses-dispute-ap

    AP News sent an email to subscriber organizations on Jan. 23 with a notification that it would continue to use “Gulf of Mexico” rather than “Gulf of America,” the Trump administration’s new name for the body of water.

    The Trump administration has announced that it was restricting Associated Press journalists’ access to certain areas frequented by the president, including the Oval Office and Air Force One

    Sounds like you’re saying, AP, that it is wrong to think of some obvious absurdity (men are women, inject yourself with poison, etc) and then use it as a purity test to purposely exclude anyone not obsequiously on your side, anyone who fails to bend the knee?

    Not happy with this? Then PUT DOWN YOUR WEAPONS and… Rejoin. Civil. Society.

    (the horror! unacceptable!)

    Sad to see AP being barred from press conferences and other standard press things, but this is what has to happen to these people, over and over, until they find it within themselves to change their minds.

    And this is the most soft-touch, easy to understand version of this, where we are here in the first few weeks.

    #182524
    Dora
    Participant

    Here’s a video on Rumble about chlorine dioxide, for anyone interested.
    Add a (dot) between ‘rumble’ and ‘com’
    https://rumble com/v3lkaz9-the-universal-antidote.html

    Pierre Kory has several posts on how to use it safely on his substack pierrekory.substack.com

    #182525

    oroboros?

    #182526
    John Day
    Participant

    https://www.kitco.com/charts/gold Gold is ramping up at $1930 as I write this.

    #182527

    correction- $2952/oz

    #182541
    poppie
    Participant

    Has aspnatz been gone since USAID?

    #182542
    SeaBirds
    Participant

    @CitizenX #182499

    Thanks for your thoughts.
    Our experience in New Zealand was similar. Under the Ardern government controlled by elite globalist forces, roadblocks were erected throughout the country and we unvaccinated were forbidden to travel. We were also banned access to most places. We left two years ago and may never go back. When we read articles like the following, it’s obvious that Big Pharma still presides over the Land of the Long White Cloud.

    Major Alert: New Zealand Government is Enshrining ‘Medical Mandates’ in Law

    It was the Europeans who we believe got out in sufficient numbers to overturn the insidious imposition of Vaccine Passports.

    Thanks also Oxy. Good on ya, mate.

    #182543
    poppie
    Participant

    aspnaz, Last comment Thursday 06 Feb 2025. USAID lock down Monday 03 Feb 2025.

    #182544
    John Day
    Participant

    Oops, I left $1000 off the price of gold.
    How last-year of me.
    ;-(

    #182545
    Celticbiker
    Participant

    He’s over at Unz, if you still want to read him, Popple.

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