May 302025
 
 May 30, 2025  Posted by at 10:31 am Finance Tagged with: , , , , ,  Add comments


Pablo Picasso Self portrait 1940

 

 

A lot goes wrong, a few things are alright. Day by day,

 

 

https://twitter.com/OCOCReport/status/1928224845516460226

 

 

Yes no no yes no yes no yes.

US Court Blocks Trump’s Tariffs (RT)

The US Court of International Trade has ruled that President Donald Trump has no right to impose sweeping tariffs on imports under the 1977 International Emergency Economic Powers Act (IEEPA). By invoking the legislation, the White House bypassed the need for congressional approval that would otherwise have been required to take such steps. In early April, the US president slapped a baseline 10% tariff on all imported goods, with higher rates for China, Mexico, Canada and the EU member states, citing trade imbalances. Trump has since suspended some of those measures amid ongoing negotiations. On Wednesday, the New York-based court sided with a number of small businesses that had filed lawsuits against Trump, arguing that he had overstepped his authority.

According to a statement issued by the court and quoted by US media, “the Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs.” However, the ruling does not affect any tariffs that Trump has imposed under different legislation, namely, Section 232 powers from the Trade Expansion Act of 1962. This means that his 25% tariff on imported autos and parts as well as on all foreign-made steel and aluminum will remain in place. The court ruling has noted that the US president could still slap a 15% tariff on countries with which Washington has a substantial trade deficit for 150 days, with Section 122 of the Trade Act of 1974 granting Trump the right to do so.

The White House has filed an appeal, with US media suggesting that the US Supreme Court will likely be asked to settle the matter. In a post on X on Thursday, Stephen Miller, who serves as the White House deputy chief of staff for policy and as homeland security advisor, described the court’s decision as a “judicial coup” that has gotten “out of control.” There is a total of at least seven lawsuits, which argue that the IEEPA legislation does not authorize the use of tariffs, and that the trade deficit cited by Trump does not constitute an emergency as the US has run it for 49 consecutive years. Multiple states led by Oregon have filed similar lawsuits.

Trump has repeatedly claimed that the global trade system in its current form has left the US “looted, pillaged, raped and plundered” by other nations. The Republican has also insisted that sweeping tariffs will help to bring manufacturing jobs back to the US.

Read more …

Yes.

Court Allows Trump’s Tariffs to Stay in Place

A federal appeals court has overruled an activist decision from earlier this week to allow President Donald Trump’s tariffs to stay in place — at least for now. Only yesterday, the U.S. Court of International Trade ruled unanimously that Donald Trump‘s tariffs on dozens of countries had to be lifted. But that ruling has already been negated by a new court decision, fortunately. Isn’t it amazing how Trump‘s policies aimed at benefiting America are constantly being attacked by judges who didn’t give a hoot when the Biden administration repeatedly and egregiously violated the Constitution and other laws? At least this new decision makes sense. The Trump White House said in comments to Fox Business that the new ruling is definitely a win for Americans. “The Federal Circuit Court’s administrative stay on the Court of International Trade’s ruling is a positive development for America’s industries and workers,” stated White House spokesperson Kush Desai.

He added, “The Trump administration remains committed to addressing our country’s national emergencies of drug trafficking and historic trade deficits with every legal authority conferred to the President in the Constitution and by Congress. Regardless of the developments of this litigation, the President will continue to use all tools at his disposal to advance trade policy that works for all Americans.”For Our VIPs: The Education Department, Intellectual Silliness, and the Demise of Our Schooling. Fox Business provided more details, clarifying that the new decision delays rather than permanently overrules the previous decision:

In its decision, the U.S. Court of Appeals for the Federal Circuit granted an immediate administrative state to the extent that permanent injunctions entered by the Court of International Trade on Wednesday are temporarily stayed until at least June 9. After June 9, the court can issue an order of enforcement. The decision states: “The plaintiffs-appellees are directed to respond to the United States’s motions for a stay no later than June 5, 2025. The United States may file a single, consolidated reply in support no later than June 9, 2025.” Hopefully, another court will step in before June 9 to ensure the tariffs can stay in place.

What should be happening right now is that Congress should be working to ensure lots of spending cuts while the tariffs bring in more money to help cover the remaining costs that have already created over $36 trillion in national debt. But unfortunately, much of the judiciary seems hell-bent on helping Democrats destroy our republic.

The previous decision, now temporarily blocked, asserted that the executive has no power to impose tariffs. “The court holds for the foregoing reasons that IEEPA does not authorize any of the Worldwide, Retaliatory, or Trafficking Tariff Orders. The Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs,” the judges’ panel wrote. “The Trafficking Tariffs fail because they do not deal with the threats set forth in those orders.” Since Congress has delegated certain tariff powers to the executive branch, the court was being deceptive when it claimed that Trump did not have legal power to impose the tariffs. But a weaponized judiciary doesn’t care about legal reality; it cares about political ideology.

Read more …

Merz has himself to prove.

How to start a war with Russia in these easy steps: Just ask Merz’s Germany (RT)

If in a dark hole, dig deeper, especially even deeper than feckless German ex-chancellor Olaf Scholz. That seems to be Berlin’s new motto. Under Friedrich Merz’s new mis-management, the German government is clearly setting out to worsen its current abysmal non-relationship with Russia. That is a sadly ambitious aim, because things are already more dire than they’ve been at any point since 1945. But Merz and his team, it seems, are not satisfied with playing a key role in fighting a proxy war against Russia that has been a ruinous fiasco; not for the Russian economy, but for Germany’s. Even by February 2023, German mainstream media reported that the war had sliced 2.5 percent off GDP.

That, by the way, is a large figure in and of itself, but consider that between 2022 and 2024 Germany’s annual GDP growth (or, really, reduction) rate has varied between -0.3 percent (2023) and +1.4 percent, and it looks even worse.

And yet, instead of sincerely – and finally – trying to use diplomacy to end this war against Russia via Ukraine, Merz’s Berlin is now taking the risk of escalating the current mess into the nightmare of a direct military clash between Russia and Germany (and, hence, presumably NATO – though not necessarily including the US any longer). Such a confrontation would be devastating in a manner that Germans have not experienced for a long time, as even a recent German TV documentary had to admit, despite its obvious purpose to boost the country’s current re-militarization-on-steroids.

The single most obvious symbol of Berlin’s new, industrial-strength recklessness is the Taurus cruise missile, a sophisticated, very expensive weapon (at €1-3 million each) with a full name you will want to forget (Target Adaptive Unitary and Dispenser Robotic Ubiquity System) and, crucially, a maximum range of about 500 kilometers.

The government under Scholz, breathtakingly incompetent and shamelessly submissive to the US as it was, never agreed to let Ukraine have this weapon. For, in essence, two reasons: The Taurus, once in Ukraine, could fire deep into Russia, even as far as Moscow, and it is undeniable that it can only be operated with direct German help, which would bring about a state of war between Moscow and Berlin. Merz, however, has created a vague yet substantial impression that delivering the Taurus to Kiev is an option again.

Throughout this war – and its prehistory, too – Russia has been sending clear warnings about what such a war might entail: According to Russian Foreign Minister Lavrov, for instance, Germany is “already directly engaging” in the Ukraine War. But clearly, he, too, sees room for things to get much worse again, with, in his words, Germany “sliding down the same slippery slope it has already treaded a couple of times just this past century – down to its collapse.”

Dmitry Peskov, spokesman of President Vladimir Putin, has underlined that Merz’s statements, muddled as they were, pointed to a “serious escalation.” Less diplomatically, the head of Russia’s RT, Margarita Simonyan, has explained that German-Ukrainian Taurus strikes on Russian cities could provoke a Russian missile strike on Berlin. An important Russian military expert, meanwhile, has mentioned the possibility of a strike against Taurus production facilities in Germany.

Are these warnings any help? Of course, German politicians would not openly admit to being successfully deterred by Moscow, but it is a fact that Merz has abstained from following through on his implied threat of transferring the Taurus to Ukraine.

If he had wanted to do so, the visit of Ukraine’s leader Vladimir Zelensky in Berlin would have provided an excellent opportunity to close the deal. Yet, instead of the hotly desired cruise missiles, Zelensky has received something else: a demonstrative use of the German informal you (“du”), plenty of money (again), and a promise that Germany will help build long-range weapons in Ukraine. Considering that Moscow has just demonstrated its ability to strike such production facilities anywhere in Ukraine, that promise is the equivalent of a cop-out. For now at least.

That is a good thing. It avoids an immediate, extremely dangerous escalation. Yet Merz and his experts are naïve if they believe that there will be no Russian response to their declared intention to transfer German know-how to Ukraine so that long-range weapons can be made there.

For one thing, Moscow has just demonstrated its ability to strike Ukraine’s military industry. At the same time, even the Taurus is by no means off the table. Neither are Russian warnings about the catastrophic consequences of its use. The Russian Defense Ministry is confident that its air defenses could stop Taurus strikes, but also emphasizes that its special ability to fly far into Russia constitutes a problem in a class all by itself.

What is the new Berlin even trying to do here? Negotiations to end the war are ongoing, even if Merz claims the opposite. Russia is not, as he repeats, merely “playing for time.” In reality, the second round of the Istanbul 2.0 talks is now scheduled to go ahead, at least as far as Moscow is concerned.

The real problem for Western politicians like Merz is that Moscow is not willing to abandon its own interests or comply with unilateral demands backed up by threats.

Indeed, if a plausible Reuters report based on leaks is correct, Putin has outlined Russia’s conditions for a realistic settlement once again: unsurprisingly, they include a complete stop to NATO expansion, an at least partial end to sanctions against Russia and to attempts to fully seize frozen Russian sovereign assets, the genuine neutrality of Ukraine, and protection for its Russian-speakers.

Against this background, Merz’s recent sallies are only more puzzling: Russia is not weak but winning this war. A summer offensive may be close and make Ukraine’s situation even more untenable. But there also is a genuine opportunity to exploit negotiations that have been restarted so as to finally limit the losses to both Ukraine and the West.

Meanwhile, the reluctance of the US to reliably back up a hard course against Russia could permit the NATO-EU Europeans to explore constructive alternatives to the ongoing proxy war. Indeed, it should be their worst nightmare to be left alone with this conflict if Moscow and Washington should break through to a full détente.

The German economy will not thrive – even with a hail-Mary boost of debt-based military Keynesianism, as now launched by Merz – unless its relationship with Russia is reframed. Last but not least, Ukraine will not be rebuilt before there is a durable peace.

And Berlin’s response to all of the above? More of the same, but worse. Now, with the Taurus back on the options menu and open announcements to help Ukraine build, in essence, its own version of it, presumably under intense German coaching and packed with German technology, Kiev’s chances are not better and Germany’s position is more precarious. The probability of an escalation into a direct Russian-German war remains even higher than before Merz’s new initiative, and the probability of peace has been reduced. Call it a lose-lose.

Read more …

US Court Blocks Trump’s Tariffs (RT)

The US Court of International Trade has ruled that President Donald Trump has no right to impose sweeping tariffs on imports under the 1977 International Emergency Economic Powers Act (IEEPA). By invoking the legislation, the White House bypassed the need for congressional approval that would otherwise have been required to take such steps.

In early April, the US president slapped a baseline 10% tariff on all imported goods, with higher rates for China, Mexico, Canada and the EU member states, citing trade imbalances. Trump has since suspended some of those measures amid ongoing negotiations. On Wednesday, the New York-based court sided with a number of small businesses that had filed lawsuits against Trump, arguing that he had overstepped his authority. According to a statement issued by the court and quoted by US media, “the Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs.”

However, the ruling does not affect any tariffs that Trump has imposed under different legislation, namely, Section 232 powers from the Trade Expansion Act of 1962. This means that his 25% tariff on imported autos and parts as well as on all foreign-made steel and aluminum will remain in place.The court ruling has noted that the US president could still slap a 15% tariff on countries with which Washington has a substantial trade deficit for 150 days, with Section 122 of the Trade Act of 1974 granting Trump the right to do so.The White House has filed an appeal, with US media suggesting that the US Supreme Court will likely be asked to settle the matter.In a post on X on Thursday, Stephen Miller, who serves as the White House deputy chief of staff for policy and as homeland security advisor, described the court’s decision as a “judicial coup” that has gotten “out of control.”

There is a total of at least seven lawsuits, which argue that the IEEPA legislation does not authorize the use of tariffs, and that the trade deficit cited by Trump does not constitute an emergency as the US has run it for 49 consecutive years. Multiple states led by Oregon have filed similar lawsuits. Trump has repeatedly claimed that the global trade system in its current form has left the US “looted, pillaged, raped and plundered” by other nations. The Republican has also insisted that sweeping tariffs will help to bring manufacturing jobs back to the US.”>

Read more …

Ukraine Needed Western Help To Target Putin’s Helicopter – Scott Ritter (RT)

Ukraine must have relied on assistance from the West if it did in fact target a helicopter carrying Russian President Vladimir Putin last week, former US Marine Corps intelligence officer and UN weapons inspector Scott Ritter has told RT. Russian air defense division commander Yury Dashkin told the Russia 1 channel last week that Putin’s helicopter had been caught in the “epicenter” of a massive Ukrainian drone attack during a visit to Kursk Region on May 20. The intensity of aerial incursions “increased significantly” when the president was in the air, with 46 incoming fixed-wing UAVs being shot down in the area, he said. In an interview with RT on Wednesday, Ritter stressed that “if the Ukrainians drones actually targeted the Russian president, they did not do so in a vacuum… there would have been assistance provided by the West, which means that the West is targeting the Russian president.”

“If you read the Russian nuclear doctrine, this is a trigger for Russian nuclear retaliation or preemptive strikes. So, who is playing with fire here? It is not Vladimir Putin who is playing with fire. It is Ukraine and the West that are playing with fire,” he added. The former US Marine Corps major was referring to a comment by US President Donald Trump, who claimed earlier this week that Putin was “playing with fire.”The statement by Trump followed large-scale Russian strikes against Ukrainian military infrastructure, which Moscow said were retaliation for the intensification of drone attacks by Kiev on civilian targets inside Russia. According to the Defense Ministry in Moscow, more than 2,300 Ukrainian UAVs have been intercepted over the past week above Russian territory, mostly away from the front line.

Ritter expressed concern that there is a split in the US administration between opponents of Russia and those who are in favor of improving ties with Moscow. But at the same time, representatives of both camps and Trump himself are no experts on Russia, he added. The US president “is a victim of basically the last words whispered into his ear before he goes to bed at night or the first words whispered into his ear when he wakes up in the morning… Trump is not well briefed [on Russia]. Look, this is a very dangerous situation,” Ritter warned.

Read more …

And the beat goes on.

Elon Musk Leaves White House But Says Doge Will Continue (BBC)

Elon Musk has said he is leaving the Trump administration after helping lead a tumultuous drive to shrink the size of US government that saw thousands of federal jobs axed. In a post on his social media platform X, the world’s richest man thanked Trump for the opportunity to help run the Department of Government Efficiency, known as Doge.The White House began “offboarding” Musk as a special government employee on Wednesday night, the BBC understands. His role was temporary and his exit is not unexpected, but it comes a day after Musk criticised the legislative centrepiece of Trump’s agenda. “As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending,” Musk wrote on X.

“The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government.” The South African-born tech tycoon had been designated as a “special government employee” – allowing him to work a federal job for 130 days each year. Measured from Trump’s inauguration on 20 January, he would hit that limit towards the end of May. But his departure comes a day after he said he was “disappointed” with Trump’s budget bill, which proposes multi-trillion dollar tax breaks and a boost to defence spending. The SpaceX and Tesla boss said in an interview with BBC’s US partner CBS that the “big, beautiful bill”, as Trump calls it, would increase the federal deficit. Musk also said he thought it “undermines the work” of Doge.

“I think a bill can be big or it could be beautiful,” Musk said. “But I don’t know if it could be both.” Musk, who had clashed in private with some Trump cabinet-level officials, initially pledged to cut “at least $2 trillion” from the federal government budget, before halving this target, then reducing it to $150bn. An estimated 260,000 out of the 2.3 million-strong federal civilian workforce have had their jobs cut or accepted redundancy deals as a result of Doge. In some cases, federal judges blocked the mass firings and ordered terminated employees to be reinstated. The rapid-fire approach to cutting the federal workforce occasionally led to some workers mistakenly being let go, including staff at the US nuclear programme. Musk announced in late April that he would step back to run his companies again after becoming a lightning rod for criticism of Trump’s efforts to shake up Washington.

“Doge is just becoming the whipping boy for everything,” Musk told the Washington Post in Texas on Tuesday ahead of a Space X launch. “Something bad would happen anywhere, and we would get blamed for it even if we had nothing to do with it.” Musk’s time in government overlapped with a significant decline in sales at his electric car company. Tesla sales dropped by 13% in the first three months of this year, the largest drop in deliveries in its history. The company’s stock price also tumbled by as much as 45%, but has mostly rebounded and is only down 10%. Tesla recently warned investors that the financial pain could continue, declining to offer a growth forecast while saying “changing political sentiment” could meaningfully hurt demand for the vehicles.

Musk told investors on an earnings call last month that the time he allocates to Doge “will drop significantly” and that he would be “allocating far more of my time to Tesla”. Activists have called for Tesla boycotts, staging protests outside Tesla dealerships, and vandalising the vehicles and charging stations. The Tesla blowback became so violent and widespread that US Attorney General Pam Bondi warned her office would treat acts of vandalism as “domestic terrorism”. Speaking at an economic forum in Doha, Qatar, on Tuesday, Musk said he was committed to being the leader of Tesla for the next five years. He said earlier this month he would cut back his political donations after spending nearly $300m to back Trump’s presidential campaign and other Republicans last year.

Read more …

They will agree because they want to.

A Bill Can Be Big Or It Could Be Beautiful (ZH)

The trade negotiations between the US and China have “stalled” and may necessitate the intervention of the countries’ leaders, US Treasury Secretary Scott Bessent has said. In April, US President Donald Trump raised duties on Chinese goods to as high as 145%, citing what he described as an unfair trade imbalance. Beijing responded by hiking its own tariffs to 125%. Earlier this month, the two countries agreed to roll back or suspend most of the new duties for 90 days, pending further negotiations. Asked by Fox News’ Bret Baier on Thursday to describe the current state of the talks, Bessent said, “I would say that they are a bit stalled.”

The treasury secretary added that more negotiations were scheduled for the coming weeks and that Trump could possibly speak by phone with Chinese President Xi Jinping in the near future. “Given the magnitude and complexity of the talks, this is going to require both leaders to weigh in with each other. They have a very good relationship. I am confident that the Chinese will come to the table,” Bessent said.

On Thursday, the US Court of Appeals for the Federal Circuit overruled the suspension of tariffs ordered a day earlier by the Court of International Trade. The tariffs will remain in place until at least June 9. Bessent argued that it was “highly inappropriate” for the courts to interfere with the tariffs, given that the US Senate had declined to block Trump’s trade policies. “The president absolutely has the right to set the trade agenda for the US,” Bessent said. “Anything that the courts do to get in the way harms the American people – both in terms of trade and lost tariff revenue.”

China has condemned Trump’s tariffs as a tool to “advance US hegemonic ambitions at the cost of the legitimate interests of all countries.” “Tariff wars and trade wars have no winners. Protectionism harms the interests of all parties and is ultimately unpopular,” Chinese Foreign Ministry spokeswoman Mao Ning said on Thursday.

Read more …

“This is the end of the common European project. This is a departure from democracy. This is the precursor of a huge military conflict,”

Fico Warns EU’s ‘Mandatory Political Opinion’ Spells Ends European Project (RMX)

Slovak Prime Minister Robert Fico delivered a stark warning to fellow European leaders during his speech at CPAC Hungary in Budapest on Thursday, declaring that the European Union’s attempt to impose a “mandatory political opinion” on its member states signals the collapse of the European project and a departure from democratic values.“The imposition of a mandatory political opinion, the abolition of the veto, the punishment of the sovereign and the brave, the new Iron Curtain, the preference for war over peace. This is the end of the common European project. This is a departure from democracy. This is the precursor of a huge military conflict,” he warned.Fico’s remarks came as he revealed both he and Hungarian Prime Minister Viktor Orbán had received threats from “a particularly nervous new German chancellor,” who warned them that if they did not fall in line with Brussels’ uniform view on military support for Ukraine and sanctioning Russia, “‘You will be punished.’”

“No one in a peaceful and democratic project should have the right to treat other EU member states in this way, regardless of their size and economic strength,” he said. Fico, a veteran of Slovak politics who survived an assassination attempt last year, framed his overall remarks as a defense of national sovereignty in the face of what he described as increasing aggression from Brussels and major EU powers. “I do not want to see our sovereignty and the national identity melt away in the generalist supranational, international structures, especially those in Brussels,” he said.While acknowledging his left-wing roots, Fico distanced himself from what he called the “Brussels kind” of social democracy, instead describing himself as a “rural socialist” focused on defending Slovakia’s traditions, Christian heritage, and national interests. “As a strong leftist, I have no problem spending the night with the people on the production line to support higher night shift allowances or wage increases,” he said.

Fico’s appearance at CPAC Hungary — and his warm praise for host Viktor Orbán — highlighted the growing alignment between parts of Europe’s left-wing populism and the nationalist right in opposition to Brussels orthodoxy. The Slovak prime minister repeatedly returned to the idea that the EU is moving away from its founding principles. He warned against abolishing the veto rights of member states and moving toward qualified majority voting on key issues such as foreign policy and defense, which he said would further erode national sovereignty.“We may have to expect unprecedented decisions such as, for example, the abolition of the right of veto of EU member states,” he said. “The time may indeed come when there will be punishments for having a sovereign opinion.”

On Ukraine, Fico reiterated his government’s refusal to send military aid, criticizing the European Commission’s strategy of isolating Russia as economically self-defeating and geopolitically reckless. “If they have no realistic response to the war in Ukraine today… they cannot continue in their nervousness by suppressing the sovereignty of individual member states on legitimate issues.” He ended his speech with a call to preserve diversity and sovereign decision-making within the EU. “Let our diversity, sovereignty, and national identity be our strength and not weakness,” he said.

Read more …

It can wait a few weeks.

US-Chinese Trade Talks ‘Stalled’ – Treasury Secretary (RT)

The trade negotiations between the US and China have “stalled” and may necessitate the intervention of the countries’ leaders, US Treasury Secretary Scott Bessent has said. In April, US President Donald Trump raised duties on Chinese goods to as high as 145%, citing what he described as an unfair trade imbalance. Beijing responded by hiking its own tariffs to 125%. Earlier this month, the two countries agreed to roll back or suspend most of the new duties for 90 days, pending further negotiations. Asked by Fox News’ Bret Baier on Thursday to describe the current state of the talks, Bessent said, “I would say that they are a bit stalled.” The treasury secretary added that more negotiations were scheduled for the coming weeks and that Trump could possibly speak by phone with Chinese President Xi Jinping in the near future.

“Given the magnitude and complexity of the talks, this is going to require both leaders to weigh in with each other. They have a very good relationship. I am confident that the Chinese will come to the table,” Bessent said. On Thursday, the US Court of Appeals for the Federal Circuit overruled the suspension of tariffs ordered a day earlier by the Court of International Trade. The tariffs will remain in place until at least June 9. Bessent argued that it was “highly inappropriate” for the courts to interfere with the tariffs, given that the US Senate had declined to block Trump’s trade policies. “The president absolutely has the right to set the trade agenda for the US,” Bessent said. “Anything that the courts do to get in the way harms the American people – both in terms of trade and lost tariff revenue.”

China has condemned Trump’s tariffs as a tool to “advance US hegemonic ambitions at the cost of the legitimate interests of all countries.” “Tariff wars and trade wars have no winners. Protectionism harms the interests of all parties and is ultimately unpopular,” Chinese Foreign Ministry spokeswoman Mao Ning said on Thursday.

Read more …

Witkoff.

Israel and Hamas Agree To Gaza Ceasefire Proposal (RT)

Israel and Hamas have agreed to accept the latest ceasefire proposal put forward by the US, several media outlets reported on Thursday sraeli Prime Minister Benjamin Netanyahu has signaled his readiness to accept a roadmap presented by US special envoy Steve Witkoff during a meeting with the relatives of hostages still in Hamas captivity in Gaza. Arab media later reported that Hamas had also accepted the deal to release the remaining Israeli hostages held in the enclave in exchange for a temporary truce. Haaretz newspaper quoted an anonymous Israeli official as saying that Washington’s proposal envisages the release of the remaining 10 living hostages and the return of 18 bodies held in Gaza by Hamas over the course of a week. In exchange, Netanyahu’s government would reportedly agree to a 60-day cease-fire.

The Jerusalem Post cited an unnamed source as saying that Hamas has reservations regarding Washington’s plan, and sees it as favoring Israel. The Islamist militant group is reportedly wary of the fact that the US would not provide a guarantee that the temporary 60-day ceasefire would be extended to become permanent. The latest developments have come amid an intensified Israeli assault on Gaza in recent days, including a fresh wave of airstrikes and a major ground offensive codenamed ‘Operation Gideon’s Chariots.’Netanyahu has repeatedly insisted that the military action will not cease until Hamas has been totally vanquished.

Mediated by Qatar, Egypt, and the US, negotiations between the two belligerents have been going on for some time in Doha, albeit producing little progress so far.The current escalation began in October 2023, when Hamas launched a surprise attack on Israel, killing around 1,200 people and abducting 250 more. According to Palestinian authorities, the ensuing IDF military campaign has claimed the lives of more than 50,000 residents of the densely populated enclave.

Read more …

 

 

 

 

 

 

 

 

Support the Automatic Earth in wartime with Paypal, Bitcoin and Patreon.

 

 

 

 

 

Home Forums Debt Rattle May 30 2025

Viewing 40 posts - 1 through 40 (of 46 total)
  • Author
    Posts
  • #189070

    Pablo Picasso Self portrait 1940     A lot goes wrong, a few things are alright. Day by day,     https://twitter.com/OCOCReport/st
    [See the full post at: Debt Rattle May 30 2025]

    #189073
    Topcat
    Participant

    Bongino Claims New Video Evidence Will Prove Epstein Suicide

    It will be high quailty AI generated

    No one except the Brain Dead will believe it.

    Team Trump

    Nice one

    #189074
    Topcat
    Participant

    Totally Compromised

    Dan Bongino and Kash Patel are under fire after giving these answers about Trump’s assassination attempts investigations.

    “…I find it baffling that Kash Patel says that ‘two of the investigations are OBVIOUSLY closed because the individuals are dead’.

    So, you don’t want to know about their motives? who else could have cooperated with them? That was a nonsensical affirmation, and he spoke without breaking a sweat.”

    #189075
    Germ
    Participant

    Good Morning :-))

    “Health experts” must now be regarded as the dumbest motherfuckers on the planet.
    Absolutely nothing learned from the past few years.

    Health expert furious as Aussies avoid getting the Covid-19 vaccine
    ‘For those high-risk people, it should now be a once-a-year booster, just like the flu vaccine is, and with winter here next week, now is the time to get vaccinated and it’s safe to get them both together.’
    https://www.dailymail.co.uk/health/article-14763551/Health-expert-furious-Aussies-avoid-getting-Covid-19-vaccine-dropped-ball.html

    You just can’t make this shit up!

    TVASSF – they want you dead.

    #189076
    Michael Reid
    Participant
    #189077
    Michael Reid
    Participant
    #189078
    Michael Reid
    Participant
    #189079
    Germ
    Participant

    Stupid is never fixed …

    TVASSF

    #189080
    Dr. D
    Participant

    Just when you think it can’t get worse at Harvard.
    A celebrated scientist who fabricated data in multiple studies is the first professor to have tenure revoked since the 1940s.
    Her specialty? Honesty + ethical behavior.
    She earned over $1 million per year

    Harharhar-vard

    https://cjhopkins.substack.com/p/crypto-fascism-inc
    That’s it! Be like the smart people, like CJ Hopkins and give up now. Resistance is Futile. You will be Assimilated. That always makes the war much more likely to be won when you surrender right away in despair. Go Team! …Oh and he also says, “Shoot all allies.”

    pic

    “The single most obvious symbol of Berlin’s new, industrial-strength recklessness is the Taurus cruise missile, a sophisticated, very expensive weapon (at €1-3 million each) with a full name you will want to forget (Target Adaptive Unitary and Dispenser Robotic Ubiquity System) and, crucially, a maximum range of about 500 kilometers.”

    …Which entirely will not operate at all, and be shot down, serving exclusively to cause Russia to declare war on Germany. Why? Um, folks? IF GERMANY SHOOTS THIS THEY DECLARED WAR ON RUSSIA. But everyone is so retarded, they’ll just say “No we didn’t.” …As if that helps. “I didn’t punch you, why you punching yourself?” Shooting peopel isn’t attacking them, what do you mean? Omg, Please make it stop.

    Okay, forget who, but the overall, overarching understanding, among everyone now, is that ENGLAND is running this war. Them and only them. They published 10 years of papers about this, proudly, signed in their name, with the plan of ALWAYS ESCALATING, killing every Ukrainian, and DRAWING THE UNITED STATES INTO THE FULL (nuclear) WAR. And it was going so well, too, except for those nosy kids.

    England is leveraging, blackmailing – hey remember GCHQ, CIA right in the CISCO routers, listening to Merkel? — Germany and Poland to get TOTALLY BLOWN UP AGAIN, as usual, just like the LAST two wars that killed 100M people (40 +60M) and most Brits survived, barely hit with a firecracker.

    Germany AGAIN says “Whoops! Looks great to me! We couldn’t beat Russia when they were a medieval backwater and we had all Western Europe down to Spain to draw on, but this time with a nation the size of one oblast, no army, no navy, no energy, no steel, no soldiers, we’ll definitely attack, invade, and defeat them this time! Our friends in England said so!!!”

    Yup. And Poland too. Yuppers. Sure-fire. Can’t lose.

    “Ukraine Needed Western Help To Target Putin’s Helicopter – Scott Ritter (RT)

    Absolutely. WHO? And they are our common enemy, Trump and Putin alike.

    This is also so complex it’s almost not worth guessing. Did they – or both – release a thing to see if a mole picked up on it and found the leak? Was Putin or his flight any more than a diversion? Was anyone actually there?

    “• Elon Musk Leaves White House But Says Doge Will Continue (BBC)

    This was crazy since of course he was going, and on the same day as always planned. It was what? 100 days or something and clocked out in May without Congress? Aaaaand, here we are.

    “suspend most of the new duties for 90 days, pending further negotiations. …, Bessent said, “I would say that they are a bit stalled.”

    China, Europe, same plan: run out the clock on Trump.

    “China has condemned Trump’s tariffs as a tool to “advance US hegemonic ambitions at the cost of the legitimate interests of all countries.”

    Funny, we were saying the same thing about you!

    ““Tariff wars and trade wars have no winners. Protectionism harms the interests of all parties and is ultimately unpopular,” Chinese Foreign Ministry spokeswoman Mao Ning said on Thursday.”

    Huh, so why do you famously have the highest, worst tariffs and barriers in the world then? Because they don’t work? Has Xi heard of this?

    Hey, Chairman Xi? Yeah, Mao Ning here. I have the sad honor of informing you, you’re an economic moron, and all your Trade policies stink. What’s that? You’re sending somebody over to pick me up? Oh yes, sir, I’ll wait right here for you!” Comedy gold!

    #189081
    Dr. D
    Participant

    You mean the Covid that doesn’t exist, and hasn’t been harmful since Omicron? The one that killed almost no one under 70?

    Yeah those people who haven’t bothered to get it, so cray cray.

    #189082
    those darned kids
    Participant

    “ENGLAND is running this war. Them and only them.”

    just hasn’t been the same since “cookies” nuland and dj jonny mccain stopped spinnin’ the tracks..

    #189083
    those darned kids
    Participant

    “and DRAWING THE UNITED STATES INTO THE FULL (nuclear) WAR.”

    “hey, blimey what’s this!?”

    “what’s up, krautsy!? some cereal proxy war.. s’posed to be good for ya'”

    “you try it!”

    “no way, YOU try it!”

    “nope. hey, let’s get uncle sammy. ¡yeah! he’ll try kill anything..”

    “whoa, he like’s it!!!”

    #189084
    those darned kids
    Participant

    #189085
    tboc
    Participant

    Michael Reid both of the nearby Home Depot stores have so much inventory the main front walk paths are begging for a visit from the fire marshall. Earlier in the year stacking of inventory in some of the aisles had already begun. The nearest Walmart has several shipping containers that have set long enough to be painted and have Walmart logos applied and newer containers have arrived.

    This year i have a family member working for one of the tourist boating experience companies. A neighbor has a pontoon boat and engages in the same type of business. With the summer season starting in earnest i will have some booking data. Will post as info becomes available. The sprink break bookings were “way down” as voiced by consensus along the docks.
    Discretionary spending down is showing here.

    #189086
    poppie
    Participant

    Gold and silver legal tender. Store of wealth. Yes. I had been calling it reserve storage. Store of wealth. This really is a primary point of combat contact. I have not completely given up on team trump but I am loosing interest fast. My focus now is on all things decentralized. Store of wealth is primary. Gold and silver are not my first choice. Food, water and shelter come first. If I have the last egg on earth, all your gold wont get it from me. To be a valid store of wealth, security must be planned. Security is 3 things. S1) Is it safe from theft. S2) is it available to me. S3) is it kept whole.
    Fiat money inflation violates S3. Almost everything else violates S1 or S2 in that safe from theft is so hard that maybe I cant get it either. Because I buried it in the yard. As we have seen many ancient coin hordes. Food, water, shelter? Ask the Irish leading up to the potato famine. All they had left was potatoes because they were buried in the yard when the english scum confiscated (stole) everything in warehouses. And it keeps on going down the survival scale. if your store of wealth is you health and body fat. You can be enslaved. Or eaten.
    Gold and silver? What is your S1 for exchange fraud, civil forfeiture, shelter breach?
    Food and water almost the same. Less S1 and more S3. Keeping it from going bad.
    The best answer so far is community. As Luongo has told us all along. Which explains why globalists want our communities dead. Which may mean that the most important battle is for community against globalists. Which may be measured by resistance to Israel, EU and London.

    #189087
    John Day
    Participant

    Poppie laid out, and his conclusions are inescapable:
    “if your store of wealth is you health and body fat. You can be enslaved. Or eaten.
    Gold and silver? What is your S1 for exchange fraud, civil forfeiture, shelter breach?
    Food and water almost the same. Less S1 and more S3. Keeping it from going bad.
    The best answer so far is community. As Luongo has told us all along. Which explains why globalists want our communities dead. Which may mean that the most important battle is for community against globalists. Which may be measured by resistance to Israel, EU and London.”

    Germ points out that it is still slow-poison-open-season on gullible Australians…

    #189088
    poppie
    Participant

    To abstract a level. store of wealth is part of the map of the battlefield. In order to win we need to map out better intelligence than our opposition. If they can force our own people to say things like Epstein killed himself, community is loosing bad in that space of combat contact. Can we afford that loss? Does it free us to win something more important. The most important thing I see is membership. How many people can we get to leave them and or join us. And or because the things they do kill their own people without joining us. Which leads to depopulation. They see depopulation as improving their membership percent. Saving earth etc is just chatter. especially if they have shelters built and can start a really big war.
    And all that leads us to IQ. IQ is relative. Only useful externally. Internally we are all 100. everyone else is either 90 or 110. An absolute measure of IQ is unintended consequence count. If a lot you do does not go as planned, you are below 100. See Ukraine. Then you have to build a shelter and turn over the table. Its what stupid does.

    #189094
    D Benton Smith
    Participant

    Speaking of wealth storage, it’s about time that I wrote up a Manifesto.

    If there were a checklist in the handbook I’m sure that writing a Manifesto would be right up there near the top. There’s no telling the time or place of one’s departure (or of whose choosing , for that matter) and none of us want to leave “intestate” ( i.e. without some last rant and testament ) so here goes.

    Item #1. Do something about all those Bad Guys. It’s both unwise and a waste of time and material to blow ’em away ( if you could even know with any certainty who they all were ). Yes , I know that the temptation is great , especially right after reading each morning’s news feed . [ Side note : isn’t that just a great word to describe news , as “feed” ? ] But , getting back to my point , don’t forget that the time , effort , and expense of clearing away evil-doers would necessarily be proportionately large , and I don’t think there’s enough lethal material in the world ( barring the long range nuclear stuff that they won’t let me play with for some reason ) to make a significant dent in the world’s supply of completely pathological assholes . Talk about a renewable resource !
    [ Side Note, The Second : given the impractical size and complete futility of such a project, it amazes me how many would-be saviors of mankind keep trying so hard. Oh , well . “Hope springs eternal ,” etc.]

    So , if physical removal is off the table, what other ways might there be to set things straight around here ?
    My favorites are tolerance and minding one’s own business, but have to acknowledge that both of those are way too radical even for a Manifesto , so let’s just scratch ’em and get back to more reasonably attainable possibilities.

    Here’s one : Understanding .

    That’s a tall first step , I know , but since steps of any height can be reduced to much smaller steps ( as small as one can comfortably handle, if need be) I’m going to stick with it.

    Done! That sure feels better. Manifesto completed . It always feels good to get a big item checked off the list .

    And remember, despite the fact that understanding is a pretty tough assignment it is very flexible time and circumstances wise . You can do it alone or in groups ; while drinking beer with friends or all alone at night by the fire ( or air conditioner , as the case may be.) You can do part of it now, put it aside until later and then pick it back up again right where you left off . Understanding things requires very few specialized tools ( although books and mentors sure come in handy if you got ’em ) and in a pinch you can do it bare naked in the wilderness with nothing except your brain, completely solo.

    Understanding. Never expected it to be so much work.

    #189095
    poppie
    Participant

    I apologize up front for this post. I need to do this. In infantry officer school in the 70s we had a short little lecture about cannibalism on the battlefield. It will happen. It always happens. You action is to shoot the cannibal with no warning.

    #189096
    D Benton Smith
    Participant

    @poppie

    That would be selfless act of grace, for which the cannibal should be grateful.

    #189097
    zerosum
    Participant

    It’s not complicated

    Hiding The Truth
    It’s not your money
    Not paying back the money to the depositors is stealing/scam/lying/illegal
    So is not paying back the loans to the lenders

    (Loans to the gov. ) $36T + $4T —> $40T

    Gov. authorize the use of tariffs, (tax), and that the trade deficit, (loans to the gov.), cited by Trump does constitute an emergency
    ———-
    It’s not complicated

    Hiding The Truth – killing synonym
    eliminate
    slay.
    assassinate.
    butcher.
    destroy.
    execute.
    exterminate.
    liquidate.
    massacre.
    genocide
    war
    More items…

    (IDF military campaign has claimed the lives of more than 50,000 residents of the densely populated enclave.)
    ———-
    It’s not complicated

    Hiding The Truth
    China has condemned Trump’s tariffs as a tool to “advance US hegemonic ambitions at the cost of the legitimate interests of all countries.”
    “Tariff wars and trade wars have no winners.
    Protectionism harms the interests of all parties and is ultimately unpopular,” Chinese Foreign Ministry spokeswoman Mao Ning said on Thursday.
    ———–

    #189098
    those darned kids
    Participant
    #189099
    zerosum
    Participant

    Reflection

    Food and water almost the same. Less S1 and more S3. Keeping it from going bad.
    The best answer so far is community.

    Imagine, an isolated campground/a community away from the starving mobs..
    What will happen to the community, after the first cooler of one of the family is emptied?
    ———-

    #189100
    those darned kids
    Participant

    you know,

    for the vast majority of us,

    the glass is neither half-full, nor half-empty.

    it’s just full of water*.

    *boil advisory in effect.

    #189101
    zerosum
    Participant

    Above my pay grade. Is it – A new depopulation tool
    https://kevinwmccairnphd282302.substack.com/p/cadaver-calamari-amyloidogenic-fibrin

    It is now broadly recognized that SARS-CoV-2 infection can exert systemic effects beyond its respiratory tropism, with evidence pointing to persistent coagulopathy and fibrin dysregulation.
    Of particular concern is the potential of the viral spike protein—whether introduced via infection or recombinant delivery platforms such as LNP-mRNA vaccines—to catalyze the formation of amyloid-like fibrin clots.
    Prior studies have demonstrated that spike exposure can induce fibrin(ogen) conformational changes that resist fibrinolysis and exhibit beta-sheet structures akin to amyloid fibrils.

    #189102
    phoenixvoice
    Participant

    I have pondered the “what will happen if the stores have no food, the water and electricity stop” question for more than 2 decades. Ideally, I would have a well-stocked rural property with an orchard, small livestock, etc. But life these past 2 decades have not been conducive to that. So, I had to come up with a stopgap. I have resources on hand, but they are not flagrant — I don’t want what I have to be visible, I don’t want to become a target for thieves. Next, I visibly garden and I have experience making wine and beer. Things can be taken from me, but my knowledge and experience is more valuable than things. Taking my stuff will not engender my cooperation in sharing my knowledge and experience. My plan is to cultivate community with those who live on my street and the next street over, and offer my help in teaching them to grow their own food, my spouse can help them repair things. And I can turn fruit and sugars into alcohol. If I am seen by those who surround me as a resource to help them and their families survive, then those nearby will protect me and my family.

    #189103
    John Day
    Participant

    @Poppie: If you were to kill a hungry soldier, who was eating a clean-killed enemy corpse (not killing a prisoner for food), then you would be committing murder, right?

    It is awkward, but Buddhism approves of eating road-kill and even human corpses, which died-otherwise, not killed to consume.

    #189104
    those darned kids
    Participant

    “whether introduced via infection or recombinant delivery platforms such as LNP-mRNA vaccines—to catalyze the formation of amyloid-like fibrin clots.”

    they checked. only spike protein, no nucleocapsid protein.

    thus, in this case, only from injection.

    most case, i imagine..

    #189105
    those darned kids
    Participant

    knock, knock!

    who’s there?

    donner!

    donner, who?

    donner’s served! come and get it!

    no thanks, i’ll pass.

    #189106
    poppie
    Participant

    Yes. That would be murder.

    #189107

    To add to what poppie wrote: shoot the torturers, too. Not just the cannibals.

    #189108
    D Benton Smith
    Participant

    Judgement can be very difficult. Sometimes we need help at it.

    #189109
    Topcat
    Participant

    #189110
    Topcat
    Participant

    #189111
    Topcat
    Participant

    So do I

    So do I

    #189112
    Topcat
    Participant

    I’ve wondered that myself George.

    Many times.

    I’m glad I’m in good company

    #189113
    tboc
    Participant

    “The question is why?”

    white folks just ain’t no count

    #189114
    citizenx
    Participant

    John Day, fake virtue signaling “buddhist” says-

    Buddhism approves of eating road-kill and even human corpses, which died-otherwise, not killed to consume.

    I’m going to be “awkwardly” brutal here- you are wrong and completely full of shit on this.

    There is nothing in the History of Buddhas, or Buddhist Sutras that approves of eating dead human corpses or cannibalism. You are way the fuck out of your mind spreading this sort of mis/dis information. I called you out years ago about your little virtue signaling idolatry buddha tag beside your name. “Look everybody, I’m a buddhist EXPERT” Now it is abundantly clear why.

    I stopped posting here months ago as it became clear to me most people are completely out of their minds toxic and totally full of shit. Wherever you got your “teachings from” ?
    You have either gone full retard liar or you are seriously delusional regarding Buddhist core ethics and values. Which is it?

    Buddhists have the human right (and some say obligation) to defend oneself and others from evil- to kill in self defense. That is not murder. It is not “approved of”, but it does not mean you are no longer a Buddhist if you kill in defense.

    As a Buddhist, one may choose non-violence and allow yourself to be tortured and murdered passively, but you may also be Buddhist and defend yourself. Nothing awkward about it. But cannibalism and eating dead human corpses is, and has never been “approved of by Buddhism”

    Correct your fucked up statement, you are “dead” wrong.

    If you were to kill a hungry soldier, who was eating a clean-killed enemy corpse (not killing a prisoner for food), then you would be committing murder, right?

    WHAT ?

    Killing an enemy soldier is killing, not murder. There are rules of war- cannibalism is a hard no go and one can be executed on the spot for that. Mutilation of dead corpses…like the trial of Fort Lewis soldiers is punishable by death or prison-

    Execution by firing squad is NOT murder, it is justifiable and punishable by death. International law.

    You just destroyed your Karmic Dharma Wheel by writing that Buddhism approves of eating dead human corpses and cannibalism. That is seriously fucked up, beyond the pale, inexcusable ignorance and delusion. Take your buddha tag off poser.

    Some might argue that monks are allowed to eat slaughtered meat under the three circumstances as the Vinaya states. However, this is an exceptional choice, not a definitive teaching of the Buddha. For instance, if a monk is sick, and without eating meat would probably die, then the monk can eat it as a medicine. Other than that, monks shouldn’t be eating [meat that satisfies the conditions of] threefold purity.

    There may be “buddhists” that eat meat, not human corpse cannibals. Being vegetarian is approved of, eating meat is not. Layperson 5 precepts vs monk precepts are very different, also variances from where and what type of Buddhism one practices.

    Eating human corpses and cannibalism is a hard not “approved of’ by any sect of Buddhism.

    Why Stupid People are Destroying Society – The Laws of Human Stupidity

    #189115

    Sometimes I wonder if I’m even real, too.
    Pain’s a pretty anchor.

    “When a mosquito lands on your testicles, it teaches you to solve problems without violence.”
    zh comment

    I don’t even have ’em, but I sure laughed.

    #189116

    Pretty good anchor.

Viewing 40 posts - 1 through 40 (of 46 total)
  • You must be logged in to reply to this topic.