Jul 042026
 


Claude Monet Water lillies 1914 – 1917


250 Years of Fighting for Liberty (Ashley McCully)
US At 250: Why America Has Been So Successful And Can It Continue (ZH)
Mamdani Gives 250th Anniversary Speech (Robert Spencer)
UK Labour Party Proves Why America Was Right to Ditch Parliament (Queen)
The AI-Quantum Race Is About Who Governs the Future (Jeff Dornik)
World’s Largest Data Center Project On Verge Of Collapse (ZH)
Secret Service Missed 102 Warnings Before Trump Assassination Attempt (ET)
Tulsi Gabbard Outlines the Mechanics of the Deep State (CTH)
FBI Mole Wore Wire Inside Newsom’s Inner Circle: Lawyer (ZH)
Need Another Reason to Loathe Michelle Obama? (Matt Margolis)
Chancellor Friedrich Merz Delivers Statement to German Workforce (CTH)
Germany’s Rotten Center Is Heading For A Reckoning (Amar)

 


 

 


 


I very much like she includes Dr. King as someone who fought for liberty in America.,

250 Years of Fighting for Liberty (Ashley McCully)

The pursuit of freedom has inspired every step of America’s journey and, as we all reflect on what the last 250 years have produced, it is imperative that we view our history through the lens of liberty. America’s story is vastly different from other countries because our definition of freedom is vastly different. From individual colonies to our 47th president, the United States is founded on the idea that our rights come from God, not government. For more than three centuries, we have fought to preserve this belief, and if we want to keep it, the fight will continue for at least another three.


Consider the colonists. They endured filthy, deadly conditions to cross the Atlantic to find freedom. Monarchies consolidated power and exercised it tyrannically, limiting how people could and could not worship God, imprisoning, beating, or fining anyone who did not comply. Rigid European class structure mandated that anyone born in poverty would die in poverty because there was no reason the upper crust should tolerate individualism. These people finally broke free of the Crown only to be hounded and taxed an ocean away, so they fought back with the greatest breakup letter of all time.

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, that whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government…”
—The Declaration of Independence, July 4, 1776

It’s straightforward: our rights come from God, and men form a government to protect those rights, not to issue or infringe upon them. After winning the Revolutionary War, America’s quest for freedom was only beginning. Yes, we were no longer under the jurisdiction of the Crown, but we did have to secure our sovereignty on the world stage. We wanted to regroup economically, so we opted to stay out of the British-French trade squabble, but neutrality soon became impossible. The British, for all intents and purposes, kidnapped as many as 9,000 American sailors, claiming they were British deserters and forcing our ships into their ports, requiring us to pay their duty tax. Not even 30 years after we threw off the yoke of tyranny, they were after us again, so we fought back in the War of 1812.

“There shall be a firm and universal Peace between His Britannic Majesty and the United States, and between their respective Countries, Territories, Cities, Towns, and People of every degree without exception of places or persons. All hostilities both by sea and land shall cease as soon as this Treaty shall have been ratified by both parties as hereinafter mentioned.”
—Treaty of Ghent, December 24, 1814

Finally free to sit at the grown-up table in world affairs, the United States set out to make its fortune, and it did, on the backs of slaves. Chattel slavery robbed men and women who were created in the image of God—the same God who supposedly endowed all of His creation with inalienable rights outlined in the Declaration of Independence — of their freedoms and dignities. The North and the South both willingly engaged in the slave economy, but enough people understood how egregious and contradictory the practice was and fought back.

“That on the first day of January, in the year of our Lord one thousand eight hundred and sixty-three, all persons held as slaves within any State or designated part of a State, the people whereof shall then be in rebellion against the United States, shall be then, thenceforward, and forever free”
—Abraham Lincoln’s Emancipation Proclamation, January 1, 1863

It would be more than two years before the Civil War came to an end and the last remaining slaves in Galveston, Texas, were notified of their freedom. We added the 13th Amendment to our Constitution, finally and forever abolishing slavery in America. We added the 14th Amendment to afford those born into slavery in America the status of citizens. The 15th Amendment granted citizens the right to vote regardless of the color of their skin.

Women were the unsung heroes of the American abolitionist movement and, once they saw freedom secured for black people, they continued to cast off their own chains. Fighting against assumptions of intellectual ineptitude and the idea that women were far too busy in the home to cast well-informed votes, women pushed themselves across the finish line in 1920 with the 19th Amendment, giving them the right to vote.

The history of mankind is a history of repeated injuries and usurpations on the part of man toward woman, having in direct object the establishment of an absolute tyranny over her. He has compelled her to submit to laws, in the formation of which she had no voice. He has taken from her all right in property, even to wages she earns…
—The Declaration of Sentiments and Resolutions, Seneca Falls Convention, July 20, 1848

Close readers will pick up the thread of freedom shifting ever-so-slightly from rights in life to rights in politics. It is this shift, wherein the government begins to issue rights to participate, that we must pause and reflect, especially when it comes to questioning the next 300 years of freedom in America.

Regardless of laws declaring a person’s right to vote, pervasive Jim Crow laws were unofficial statutes designed to keep black people down. Dr. Martin Luther King, Jr. picked up the thread and moved it back toward rights in life. The Civil Rights Movement in America reminded us that God does not only care about votes, but about how His children are treated. We watched growing numbers of citizens link arms and peacefully march across bridges, endure dog attacks and fire hose boundaries, sit in chairs they were supposedly not good enough to sit in, and people fought back.

“I have the audacity to believe that peoples everywhere can have three meals a day for their bodies, education and culture for their minds, and dignity, equality and freedom for their spirits.”
—Dr. Martin Luther King, Jr., Nobel Prize acceptance speech, December 10, 1964

Today we are still fighting for freedom, at home and abroad. Brave men and women wearing the cloth of a sometimes-grateful nation work to protect us from terrorists who seek to kill us for no reason other than that we are not one of them. God-fearing patriots stand up every day for the unborn and their right to be born. Good guys with guns have to remind politicians and special interest groups that the right to keep and bear arms is not about hunting. As AI increases and privacy is decreasing, it is up to us to come together and protect that which no one has a right to: intrusion of personal information and space.

The definition of freedom has never changed; it has always come from God and will forever need to be protected against government. Our lives, though, have changed substantially, and we are facing new threats to our life, liberty, and pursuit of happiness. We have a constitutional republic, if we can keep it—if we want to keep it. No one said this road would be easy, but we all know in the core of our selves that freedom is worth its price.

Read more …

The world was ready for it.

US At 250: Why America Has Been So Successful And Can It Continue (ZH)

So what has caused this incredible success?


The first reason, and one of the most critical historically, has been the US’ political and institutional stability. Clearly, there have been moments of intense turmoil, most notably with the Civil War in the 1860s. Its historical path also should not be over-romanticised, with US territorial expansion during the 19th century having many similarities to that of the Old World colonial empires. Nonetheless, the US is incredibly rare in that its political system is recognizably the same over the last 200 years. This relative stability and early development of property rights provided a fertile environment for long-term investments, which in turn has aided economic growth over the centuries.

The second reason is its geographic advantages. The US possesses vast arable land, navigable rivers, large coastlines, and access to two oceans. It therefore found itself more insulated from the destructive effects of the world wars, with productive capacity not impacted in the same way. Moreover, the country borders Mexico and Canada, who in both population and GDP terms are much smaller than the United States, meaning it didn’t face the security risks that many European powers faced over the 19th and early-20th centuries.

The third reason has been its abundance of energy resources, particularly relative to Europe. In large part a corollary of its geographic strengths, this energy abundance has given the US several advantages. First of all, lowering costs for households and industry, which has helped the economy be more resilient against geopolitical shocks. Moreover, with the US becoming a net energy exporter in recent years, it also strengthens the external position.

The fourth reason for the US’ relative success was that its main competitors in Europe were deeply affected by the world wars and wider political turmoil. Their productive and financial capacity was severely degraded, with the destruction causing huge loss of life as well. Even among those who survived, many scientists, engineers and entrepreneurs left for the US in the first half of the 20th century. Whilst not a US “success” as such, this meant that on a relative basis, the US’ divergence widened considerably. Indeed, in the first half of the 20th century, the US economy grew by 5.7 times, Germany by 3.4 times, the UK by 2.0 times, and France by 1.8 times.

The fifth reason for the US’ outperformance is scale. It has a large domestic market of over 300m people, with high average incomes, a common language, and low internal barriers to trade. This has given firms the ability to reach a large-scale domestically before expanding abroad. Indeed, it is notable that 8 of the world’s 10 largest firms are based in the US, whereas none are in Europe.

The sixth reason is the structural advantage of the US Dollar, which remains dominant in global trade and FX reserves. This dollar demand matters because it lowers borrowing costs and raises demand for US Treasuries. In turn, it leaves the US with an exceptional capacity to run bigger fiscal and external deficits without facing a funding crisis, and expands the geopolitical leverage that the US possesses. This has been dubbed the “exorbitant privilege”, and has been a major advantage in recent decades.

The seventh reason is financial depth. The US has a large banking system, but also a wide range of non-bank financing, which means startups have access to other sources of capital. In fact, in the decade from 2013 to 2023, annual venture capital financing was 0.7% of GDP in the US, compared to just 0.2% in the EU. This financial depth is important because innovative firms can often be loss-making for lengthy periods, so countries with bigger pools of patient risk capital are better placed to commercialise new technologies.

The eighth reason is its self-compounding advantages in education and research. The US has many of the world’s strongest research universities, including 7 of the top 10 in the Times Higher Education World University Rankings for 2026. Moreover, this research also has an economic angle, as scientific discoveries feed into startups, workforce training and industrial scale-ups. In turn, this becomes self compounding, because top global talent is attracted to the US, and ensures it remains at the forefront of new sectors such as artificial intelligence.

The ninth reason is its pro-business architecture, including a greater tolerance of business failure than many European systems. For instance, Chapter 11 reorganisation is designed to preserve and restructure viable firms rather than liquidate them. This more positive approach to business failure ties into the empirical literature, which suggests that more debtor-friendly and efficient insolvency frameworks are associated with greater entrepreneurship and innovation.

The tenth reason is adaptability. The cultural acceptance of failure and capacity to reinvent itself have boosted US ability to adapt to the changing world. This has allowed it to navigate repeat boom-and-bust cycles, as well swings of the policy pendulum – between openness and isolationism, between protectionism and free trade – without threatening overall the institutional stability we highlighted above. And while capitalism has been a key underlying driving force, it is pragmatism rather than ideology that have driven continued success over time.

It is also important to note that these advantages do not play out individually, but are mutually reinforcing, with the interaction between them allowing the US to benefit from network and externality effects that few if any countries can match.

Read more …

He talks like it’s his annniversary.

“America, in Mamdani’s view, is a sad place where heartless, racist, xenophobic plutocrats rule the roost ..”

Mamdani Gives 250th Anniversary Speech (Robert Spencer)

New York City’s Communist Twelver Shi’ite Mayor Zohran Mamdani has bestowed upon a waiting world his speech commemorating America’s 250th anniversary, and it is just as small, petty, grievance-laden, fantasy-based, and angry as you’d expect a speech from a man who hates America to be.


The visual effect was even worse, as Mamdani delivered the speech while seated at a desk that seemed to be turned the wrong way around, while surrounded by a social studies-book array of glum-looking, unsmiling, unhappy people, all black and brown and hijabed and whatnot and all forlornly holding small flags of the country their mayor despises, with a single grim-faced white guy standing in the back (as is his place). But even if one didn’t avail oneself of the joys of watching Mamdani, who was just as grim as his prop companions, what the young Commie mayor said was bad enough.

America, in Mamdani’s view, is a sad place where heartless, racist, xenophobic plutocrats rule the roost and oppress the rest of us to the degree that you wonder why anyone from elsewhere would want to immigrate in the first place. Mamdani does hold out some hope in the end, saying that the foes of these cruel tyrants can throw off their yoke and remake this unhappy land in their own image. And that, of course, is just what Mamdani has set out to do.

Mamdani began by painting a verbal picture of the “land, lush and teeming with life” to which newcomers arrived, only to encounter “men waiting at the docks to take them into bondage” and “tenements rife with squalor.” As you’d expect, he claimed that the Declaration of Independence established “the ideals our nation still strives to fulfill,” with no indication of how marvelously it has fulfilled them already, or how it has inspired the world in doing so.

The mayor goes on to fill in all the expected blanks, telling the story of how a freed slave made a new life for himself, thereby showing America to be “a place each of us has the power to make.” Immigrants poured into America, not yet seeing “the nativism they would face — the jobs they would be refused, the landlords who would not rent to them, and the abject labor and living conditions they would withstand.” Still, they kept coming.

Mamdani goes on to mock and misrepresent the idea of American exceptionalism, and here he begins to claim that “we are told” a series of things that few people, if any, have ever been told. “We are told that America is exceptional because we are richer, stronger, more powerful than everyone else.” On the contrary, in less fractious days, we were told that we were “richer, stronger, more powerful than everyone else,” because we were a uniquely just society in which anyone could make something of himself.

Mamdani, however, couldn’t possibly admit that without betraying his Marxist ideas, which tell him that America is inherently oppressive, and his Islamic beliefs, which tell him that only a Sharia society is truly just. And so instead, he claims that “the powerful” view America as “an arena of supremacy, where only a select few are allowed freedom, where not all are created equal. America, if you ask them, becomes less the more people it welcomes. America, they will tell you, belongs only to those with the right accent or the right shade of skin. The rest of us, they insist, should be grateful for merely being allowed to visit.”

This is pure leftist rage fantasy. Who ever says any of that? Can Mamdani produce even one “powerful” person who says even one of those things? Donald Trump doesn’t (contrary to leftist claims). Elon Musk doesn’t. Mamdani would be hard pressed to substantiate his smear here, and he prudently refrains from naming any names as he continues to lambaste these imaginary capitalists: “How small they are, how weak, how unoriginal.”

Apparently hoping you won’t notice how divisive his hateful speech really is, he goes on to slam his fantasy foes for supposedly fostering “division.” This apparently involves wanting sensible immigration controls, so that the country isn’t overwhelmed with criminals, terrorists, and people who do nothing but put an added burden upon American citizens: “And yet today, too many of our leaders do not believe in a vision of this nation as an asylum for the persecuted — but rather as one that persecutes those seeking asylum.” Persecutes, i.e., by not letting them in and paying for their every need.

Mamdani then goes on to offer a frankly Marxist vision: “We see the wealthiest country in the history of the world — one where children go to sleep hungry while the world’s first trillionaire hungers for more.” By all means, the wealth this trillionaire has earned must be confiscated! “We see monopolies that dominate every industry and oligarchs who buy elections. We see masked agents terrorizing our streets, eating food cooked by our undocumented neighbors before spiriting them away in unmarked vans.”

Read more …

We’ve read about this Andy Burnham guy as a leader for 2+ weeks now, but he hasn’t shown his face.

What’s wrong with him? Something must be.

UK Labour Party Proves Why America Was Right to Ditch Parliament (Queen)

As we celebrate the 250th anniversary of our last day as colonists on Friday, the UK is giving us a huge reason to be glad that we got out from under the crown and the parliamentary system. The current leadership turnover in the Labour Party makes our republic look more sensible than ever. Prime Minister Keir Starmer is stepping down as leader of the Labour Party — and as prime minister along with it — and the frontrunner to replace him is newly minted Member of Parliament Andy Burnham. My friend and colleague Stephen Green pointed out that Burnham stands to drag Labour further to the left and take the UK along with him.


The trouble is that Burnham has been awfully quiet on policy. As Michael Gove and Madeleine Grant put it on The Spectator’s Quite Right! podcast, Burnham acts like he can lead a major political party on vibes alone. Charles Moore writes at The Spectator: “The British constitution is an admirably flexible thing, so I would not claim that Andy Burnham’s leadership campaign, and the coverage thereof, is unconstitutional, but it is certainly unseemly. Why did a BBC helicopter follow his train from Manchester to London (which arrived, of course, late) as if he were Lenin heading for the Finland Station? And why was he allowed to pre-empt his result with a mass selfie with about 200 of his supporting MPs in Westminster Hall?

He is merely a new Member of Parliament, until he isn’t. Turning the place into his stage set is a way of intimidating possible challengers. If he is challenged, he will surely still become leader, but the point of a challenge is to force him to say what he means to do. So far, no one – not even, one suspects, Andy Burnham – knows what Andy Burnham stands for.” Moore suggests that Burnham might abandon the UK’s horrific net zero climate policy. The biggest blowback to that might happen at home; Burnham’s wife is on the board of an NGO and an EV company executive who expresses a “passion for sustainability and the green economy” and for “championing the fair and accessible transition to electric vehicle ownership.”

In a Spectator column, Grant likens Burnham’s campaign launch to the sickly sweetness of Tony Blair’s campaign. The optimism of this leadership challenge is at odds with the way many Britons feel about the state of their nation. “His promise of ‘a new era of possibility’ was a lot of style – mingled with some inevitable Burnhamite sentimentalism: ‘hope in every heart and good growth in every postcode,’” she writes. “It made me long for a gun in every hand and a cyanide capsule in every drawer.” Ross Clark has plenty of daggers for Burnham in a Spectator column. He sees Burnham as a different sort of throwback.

“Whoever thought of putting him in a grey outfit against the backdrop of a grey door for [Monday] morning’s speech in Manchester certainly wasn’t thinking of injecting a bit of colour into national life,” he writes. “It was like watching Harold Wilson: the last PM before colour TV was introduced to Britain.” Clark also has his doubts that Burnham’s big vision will get many people excited (although I wouldn’t mind something like this in the U.S.):

Burnham’s big mission for the country – to devolve power to the regions and localities – also wasn’t exactly calculated to set pulses racing. Rightly or wrongly, few things can be relied upon to provoke a yawn in British life than local government. Just look at the turnout in local elections and the increasing tendency for the electorate to use them as little more than a referendum on national government. It was, after all, the local elections which finally did for Keir Starmer and put Burnham in the position he is now.

If Burnham can really make the British public excited about local government, he will have achieved something genuinely impressive, but I would say he has an uphill task.

Read more …

Quantum computing is not a reality, despite what the article suggests.

Which is good, because we’re nowhere near ready.

“.. whoever gets there first could lock in “irreversible strategic superiority.. ”

The AI-Quantum Race Is About Who Governs the Future (Jeff Dornik)

President Donald Trump’s June 22, 2026, executive orders on quantum computing should be understood for what they are: not a shiny technology announcement, not a photo-op for the federal innovation class, and not another soothing Washington press release telling us that “America remains competitive,” which is usually government-speak for “we found the cliff and are now forming a task force to admire it.”


Executive Order 14413 directs the federal government to accelerate quantum innovation, commercialization, deployment, manufacturing, and national-security applications, while Executive Order 14412 warns that large-scale quantum computers in adversarial hands will threaten widely used cryptographic systems and enable hostile actors to collect encrypted American data now and decrypt it later. The White House’s companion post-quantum cryptography effort requires federal agencies to prioritize migration of vulnerable cryptographic systems with the objective of mitigating quantum risk by December 31, 2030.

That is the right level of urgency, because quantum computing is not merely faster computing, and artificial intelligence is not merely better software. AI is already becoming the decision layer of the digital world, shaping what people see, how companies operate, how banks assess risk, how governments investigate threats, how militaries plan, and how institutions increasingly outsource judgment to machines that speak with the confidence of a consultant who has never once been interrupted by reality. Quantum computing, once mature enough for practical cryptographic and scientific use, becomes an amplifier for problems that classical computers cannot solve at a useful scale.

Put them together, AI as the mind and quantum as the accelerator, and the winner does not simply build a better tool, but actually builds the operating system for global power.The U.S.-China Economic and Security Review Commission has already noted that nations that integrate quantum with AI-driven research platforms will compound their advantages exponentially, and that the country achieving quantum supremacy in quantum computing and AI will gain disproportionate and likely enduring advantages in intelligence collection, encryption, precision targeting, materials science, energy, medicine, and the digital economy.

The Commission also warned that whoever gets there first could lock in “irreversible strategic superiority,” especially because current global infrastructure remains exposed to attacks on public-key encryption. That is why this is an all-or-nothing race. America is not competing against a friendly research consortium at a science fair where everyone claps politely and shares their grant proposals over room-temperature coffee. We are competing against the Chinese Communist Party, a regime that does not have our Constitution, our courts, our churches, our independent press, our civil society, our due process traditions, our free-speech protections, or our national gift for holding seven hearings before deciding whether a light switch is racist.

China can centralize resources, compel cooperation, absorb civilian research into state priorities, hide its most sensitive work, and deploy technologies against its own people without any meaningful legal restraint from the governed. Human Rights Watch reports that under Xi Jinping, there is no independent civil society in China and no freedom of expression, association, assembly, or religion, while critics and human rights defenders are persecuted.

The technological edge is narrowing because China has made quantum a state priority and is building the infrastructure to match. CSIS reports that China’s superconducting, photonic, trapped-ion, and neutral-atom quantum computing efforts are moving from laboratory prototypes toward commercial use, with Chinese systems including Zuchongzhi, Origin Wukong, and Tianyan-504 supported by universities, research centers, state-linked firms, and companies such as China Telecom Quantum Group and Origin Quantum. The Special Competitive Studies Project has also noted that China has made quantum computing a strategic priority since the 14th Five-Year Plan, with government funding showing China’s strategic prioritization of quantum technology at a projected $15 billion compared to $4 billion in the United States.

Read more …

Never enough money for never enough electricity (power).

“Virginia’s “Digital Gateway” project, a mega site roughly twice the size of New York’s Central Park with city-sized power needs.”

Zero Hedge take from almost a year ago.

World’s Largest Data Center Project On Verge Of Collapse (ZH)

Up until now, when it comes to real estate, Blackstone was best known in recent years for dumping many of its trophy office properties – which in the aftermath of work from home never recovered their projected cash flow potential – at a huge discount. Now, it may be pulling a page from its old, pre-Lehman playbook by calling the top in yet another commercial real estate segment: data centers.


Two days ago we reported that Blackstone was selling its stakes in a trio of data centers across Northern Virginia for $3.5 billion, cashing out of part of a bet it made less than three years ago. According to Bloomberg, Digital Realty Trust would pay $1.2 billion of cash and offer $2.3 billion of its shares (which the PE giant has largely cashed in by now) to Blackstone funds; in exchange, the data center company will acquire Blackstone’s 80% interest in two 96-megawatt data centers in Manassas, Virginia, and a 50% interest in a 96-megawatt center in nearby Sterling.

We said that “the question is why did Blackstone decide to pull the cord now, just as fresh doubts are creeping whether the Mag 7s will continue funding the AI expansion with virtually unlimited capex.” Two days later we have an answer. The digital ink is barely dry on its Virginia data center sales, and we learn that Blackstone’s QTS (QTS Realty Trust) is again quietly fading its AI exposure by walking away from plans to build its portion (which at this point is the only portion left after its partner already pulled out days ago) of a 2,100-acre data center campus in Virginia – also known as Prince William Digital Gateway which would house as many as 37 data-center buildings – handing a win to residents who fought for years to topple the project.

QTS’s proposed facility at 9400 Godwin Drive in Manassas


The data center developer had planned to transform more than 800 acres in Northern Virginia’s Prince William County, a project that would have spanned 22 million square feet, making it the largest data center campus in the world. Located on the edge of an historic Civil War battlefield and on what used to be land protected from development, the project ignited strong pushback from homeowners and has been stalled by lawsuits.

As part of Wall Street’s broader push into data centers, investment has poured into Northern Virginia, which is considered the country’s largest data center market, and is better known as “Data Center Alley”. But in a strategic U-turn, in recent days QTS executives decided that it isn’t worth pressing forward in court, the Bloomberg sources said. The firm’s attorneys plan to inform the court of their decision as soon as this week, the people said, asking not to be named discussing non-public information. QTS’s rapid growth has made it a poster child of how private equity has fueled the data center industry’s breakneck expansion. Those ambitions are colliding with public anxiety over strains to electricity grids and home prices from AI data centers.

The retreat may be the final blow to Virginia’s “Digital Gateway” project, a mega site roughly twice the size of New York’s Central Park with city-sized power needs. The initiative was supposed to bring in some $100 billion in spending and create one of the world’s largest technology corridors. Not any more. The project had sparked contentious, drawn-out public hearings. A clerical blunder related to a key zoning meeting created setbacks for developers. Already, Brookfield-backed Compass Datacenters, which was supposed to build on more than 800 acres at the site, had pulled out in May. The U-turns by both firms, Bloomberg writes, amount to one of the most dramatic retreats by developers from a data center project.

It’s a reminder of how tech firms’ race for the computing infrastructure to support AI advances is increasingly facing the same bottlenecks, from power shortages to supply crunches, we have been warning about for the past two years and which Citadel Securities warned about just yesterday. Organized opposition is mounting, forcing firms and developers to be more deliberate about where they choose to build. This is precisely what we warned one year ago would happen as more grassroots organizations pushed back against the relentless data center rollout. At least we haven’t gotten to the arson stage (yet).

Read more …

Paint me skeptical. I can take missing 1 or 2 warnings, maybe even 5. But 102?

“The Homeland Security Department report lists communications failures and security lapses that led up to the gunman opening fire from a rooftop.”

Secret Service Missed 102 Warnings Before Trump Assassination Attempt (ET)

The U.S. Secret Service missed multiple opportunities to detect, prevent, and disrupt the attempted assassination of Donald Trump in Butler, Pennsylvania, in 2024, including missing more than 102 radio transmissions warning of a suspicious person, a Department of Homeland Security report concluded. The report, released on July 2 by the department’s Office of Inspector General, chronicles a series of communication failures, inadequate planning, limited intelligence sharing, and security lapses that combined to create the conditions that allowed gunman Thomas Crooks to open fire from the roof of a nearby building during a July 13, 2024, campaign rally in Butler. Crooks was fatally shot by a Secret Service agent.


Among the report’s most significant findings was that Secret Service members did not receive 102 radio transmissions “that local law enforcement officers in a separate communications room received concerning an increasingly intense search for a suspicious person. Instead, we found that the Secret Service received only five phone calls and three text messages about Crooks. As a result, Secret Service members did not alert President Trump’s protective detail about concerns of a suspicious person.” The Secret Service would have delayed Trump’s speech or removed him from the stage had they been aware of the search for Crooks, the report stated.

The report also said the Secret Service failed to detect a drone that Crooks flew over the rally site about two hours before the shooting. Investigators said the agency’s counter-drone system was inoperable because of a malfunction, and the lone operator assigned to the event lacked sufficient training to repair the equipment. The system remained offline while Crooks flew the drone for nearly nine minutes, allowing him to survey both the stage and the rooftop he later used to carry out the attack.

The report also found serious communication breakdowns between the Secret Service and local law enforcement. The Secret Service never received three radio reports from law enforcement that Crooks had climbed onto a roof with a rifle. The inspector general also found that classified intelligence concerning a long-range threat to Trump was not shared with the Pittsburgh field office or agents responsible for planning security at the rally. The report said broader dissemination of that intelligence likely would have resulted in additional security personnel being assigned to the event.

Investigators further concluded that the Secret Service failed to ensure the American Glass Research complex, where Crooks launched the attack, was secured by state and local law enforcement. In addition, the agency did not use available resources to block the rooftop’s line of sight to the stage, despite recognizing it as a potential vulnerability. The inspector general issued seven recommendations to improve protective operations. The Secret Service agreed with all of them, and the report said some have already been implemented while others remain in progress.

Read more …

I wonder how Tulsi now views what’s becoming of her work.

Tulsi Gabbard Outlines the Mechanics of the Deep State (CTH)

Former Director of National Intelligence, Tulsi Gabbard, gives a speech outlining the mechanics of the Deep State and how the people within it operate. At around 3:30 of the presentation, Gabbard gives a specific example of the attitude of the employees on assignment to the ODNI. Obviously, I am not certain, but Tulsi seems to be describing the FBI liaison desk within the DNI as she explains how this federal government employee refuses to participate in the DNI request. Listen and you gain an appreciation of the challenge that exists for any appointed leadership. WATCH:


There is no apple; it’s all worms!

Read more …

This goes back to 2024, and the Biden FBI. So of course Newsom accuses…Trump.

FBI Mole Wore Wire Inside Newsom’s Inner Circle: Lawyer (ZH)

A mole working for the Biden FBI was secretly recording Gavin Newsom’s inner circle before the agency expanded its corruption probe into the California governor and his wife, according to a bombshell report by the NY Post. Democrat insider Alexis Podesta, a 45-year-old Sacramento consultant and Newsom appointee – no known relation to John Podesta – secretly taped conversations for the FBI as early as June 2024, while Joe Biden was still in the White House, according to McGregor Scott, the former US attorney now representing Dana Williamson. Williamson, 53, ran Newsom’s office as chief of staff until late 2024; in May she pleaded guilty to conspiracy to commit bank and wire fraud, filing a false tax return, and lying to federal agents.


Federal prosecutors accused Williamson and others of orchestrating a scheme to siphon roughly $225,000 from a dormant campaign account which belonged to former HHS Secretary Xavier Becerra -disguising the payments as legitimate consulting fees while routing the money to benefit Becerra’s former chief of staff, Sean McCluskie. According to Podesta’s attorney, she was placed in charge of overseeing the account in question – but did not know the payments were improper. Becerra is now the Democratic nominee to succeed Newsom as governor. “Alexis wore a wire, and Dana did not,” said Williamson’s lawyer and former US attorney for the Eastern District of California, McGregor Scott.

“A lot of people received letters essentially informing us that there were certain periods of time where the FBI was given access to follow phone calls,” said assemblymember Josh Hoover (R-Folsom), who said he was among those who received a letter even though he had never spoken with either Podesta or Williamson. “I don’t know how these investigations work, but it sounds like they cast a pretty broad net across the Capitol community to see what they could find.”

A separate source with knowledge of the matter said they knew of four Sacramento insiders who also received FBI notifications confirming they had been recorded.= One recipient told the source: “Dude, I got this f—ing letter. I never even met with Dana Williamson!” “Their curiosity was that they never even met with Dana Williamson, so they were wondering what this is all about,” the source said. “And now you have the answer.” -NY Post. News of the wire comes just over two weeks after Newsom claimed that the Trump administration is punishing him because he may run for president in 2028.

“They’re demanding records, they’re abusing the grand jury process, digging through years and years of random documents. Donald Trump isn’t just coming after me because of my mean tweets, he’s coming after me because I’m considering running for president, because he hates that I’ve consistently called him out over and over again for his lies and deceit,” Newsom said, before sending a mass email asking for political donations. Sources close to the investigation, however, told The Post that the feds have spent the past year digging into Newsom, his staff, and his wife’s taxes after whistleblowers reportedly dropped the dime that led to the probe. Williamson’s attorney told the outlet that his client declined to cooperate because she didn’t have anything on Newsom.

Podesta – a former staffer for the late Dianne Feinstein, is a longtime Democratic power broker who remains on California’s State Compensation Insurance Fund board – to which Newsom appointed her in January 2020. She also held senior positions in Gov. Jerry Brown’s administration, and served as secretary of the California Business, Consumer Services and Housing Agency. While she hasn’t been charged with a crime, her attorney identified her as an uncharged co-conspirator in the Williamson indictment.

Of note, Podesta is still getting paid $60,797 by the state while cooperating with the FBI, while she sits on the Insurance Fund Board. nCampaign finance records show Becerra’s committee making $10,000 monthly payments to ‘Podesta Company’ during 2023 and 2024. During this period, Williamson – while Newsom’s CoS – shared confidential info with Podesta regarding a corporate client that has now been identified as Activision Blizzard.

Read more …

FYI.

Need Another Reason to Loathe Michelle Obama? (Matt Margolis)

I’m sure you don’t, but I’ll give you one anyway.


Michelle Obama has spent years selling herself as America’s warm, approachable former first lady. Remember the whole “when they go low, we go high” thing? We knew then it was just an empty slogan, because whenever she had a chance to prove she’s the bigger person, she just proved the opposite. According to a Daily Mail report, Barack Obama’s wife personally torpedoed Cheryl Hines’ return to the small screen when Larry David’s new HBO series, Life, Larry and the Pursuit of Unhappiness: An Almost History of America, began casting. The show premiered last week. Higher Ground, the production company the Obamas own, produces it.

Hines, 60, spent all 12 seasons of Curb Your Enthusiasm playing Larry David’s wife, and having her return for the new show made sense. But apparently, Obama couldn’t handle the fact that Hines is married to Robert F. Kennedy Jr., Trump’s Secretary of Health and Human Services. According to unnamed sources cited by the Daily Mail, that was disqualifying. One insider claims that Obama wanted Kennedy’s wife banned from the cast outright because she is “all-MAGA, all-the-time.” Another source says Obama reacted sharply when production staffers who knew Hines from Curb floated the idea of bringing her back.

According to one insider, Obama’s message was simple. “She’s not one of us,” she reportedly said. Funny thing is, Hines is most definitely a leftist herself. She spent decades as a reliable Hollywood liberal long before she ever said “I do” to Kennedy. None of that bought her a pass. In Obama’s world, being married to someone in the Trump administration gets you blacklisted. A third source confirmed to the Daily Mail that the exclusion had nothing to do with talent and everything to do with Hines’ perceived politics, tied to her marriage and her proximity to Trump’s circle. Obama reportedly stayed out of the writers’ room and never touched a script. But casting, including guest stars, was hers to control. She used that control to keep Hines off the set.

An insider says Hines felt devastated when she learned producers had cut her, and who could blame her? She reportedly believed that David could look past his own politics for the sake of a 12-season friendship. Another source says that David didn’t have that option. Michelle made the call, and David felt that he had no room to overrule her. David has made his own politics abundantly clear. He’s a rabid leftist who despises Trump. Could he have fought for Hines? Probably. But it may not have done any good, and he shouldn’t have had to fight for Hines anyway.

In the end, this just gives us another reason to loathe Michelle Obama, who says, “when they go low, we go high,” one day, then blacklists an actress over her husband’s Cabinet post the next. That’s the opposite of going high. Hines has learned the hard way just how horrible her side is. Back in November, she told Bill Maher that while Republicans have treated her with basic kindness and respect (even when RFK Jr. was running as a Democrat), her fellow Democrats reacted with spite and the urge to exile anyone who steps out of line. Hines indeed has become living proof that the party that preaches “tolerance” has become a cult of cancellation, while the people they demonize are the tolerant ones.

Read more …

He’s dragging the country to its grave. It is too late.

“Merz was shocked not only by the technological capability, but also by the Chinese industrial work ethic and capabilities of the workforce.”

Chancellor Friedrich Merz Delivers Statement to German Workforce (CTH)

This next storyline needs context to understand appropriately what just happened. In February of this year, German Chancellor Friedrich Merz travelled for the first time in his business and life to China. Merz a lawyer by training, worked in business and corporate life doing mergers and acquisitions (Blackrock), but had never been to China. Despite his upward climb in German politics, his worldview was always dominated by an internal acceptance that Germany was the industrial heart of the European Union.


Chancellor Merz believed that Germany was unrivaled within industrial manufacturing, particularly in aeronautics and mechanical engineering (auto sector). So, when Merz went to China -while he held no trade capabilities as an outcome of the EU collective controlling everything- he also had no idea what Chinese industrial capacitary actually looked like. To say Chancellor Merz was stunned by the advancements in robotics and industrial manufacturing within China would be an understatement. Merz was shocked not only by the technological capability, but also by the Chinese industrial work ethic and capabilities of the workforce.

Merz returned to Germany and immediately began discussing how Chinese industrial capacity was far beyond anything he previously estimated. Merz was shook. His reaction was, essentially, the #1 industrial nation within the EU confronting a reality of years of industrial complacency. Immediately he began talking about how things in Germany must change; how the German workforce must immediately start to get serious about productivity and production capacity. That was late February and early March.

Today, Friedrich Merz announced a series of reforms, radical modifications within the German industrial workforce. German workers are no longer allowed to call in sick. The German government will now adopt a policy to make sure all workers report to their jobs, or else. The German workforce may not like this at all. There is a certain, shall we say, “Fascist irony,” when you think about mandated private sector productivity compliance and the relationship with official government policy.

Germany’s coalition government has announced a wide-ranging package of pension, tax and labor reforms aimed at boosting economic growth and strengthening competitiveness. Chancellor Friedrich Merz said the measures would create jobs, reduce bureaucracy and preserve key social welfare protections. The 34-point plan includes income tax relief for low- and middle-income households as well as a gradual increase in the retirement age.

Read more …

Expect fighting in the streets.

“As the AfD heads to its party congress in Erfurt, Germany’s collapsing mainstream braces for protests, panic, and a deeper political rupture..”

“..every sixth German is at risk of poverty.”

Germany’s Rotten Center Is Heading For A Reckoning (Amar)

In the summer of 2026, Germany is a punch-drunk country reeling from harsh knocks, many of which are self-inflicted. In the short term, it has just suffered a humiliating defeat at the UN General Assembly, where it was punished for Berlin’s brazen arrogance, political provincialism, and last but not least, steadfast support for Israel and its crimes, including genocide. At the World Cup, the German team was booted out of the tournament early and crushingly. To make things worse, German Chancellor Friedrich Merz felt this was just the right moment to release some X posts apparently meant to be reassuring but stunning the nation by their cack-handed ineptitude and sheer disconnect with reality.


Why settle for a mere national depression if you can trigger a raging s**t-storm in addition? Germany’s fundamentals are also thoroughly catastrophic. According to Handelsblatt, Volkswagen, a traditional flagship of the German car industry at the core of the national economy and national pride, is stuck “in the greatest cost and structural crisis in decades.” Around 100,000 jobs are on the chopping block. And yes, that is representative of the economy as a whole.

The country’s birth rate – at 1.35 children per woman – is the lowest since the mid-1990s, which reflects the mood of anxiety and pessimism across the country. Even Germany’s public (de facto state) broadcasters, not known for unbiased reporting or serious criticism of the powers that be, are admitting that poverty is becoming entrenched. In what was once a country of economic success and optimism, according to official statistics, every sixth German is at risk of poverty.

And all of the above is happening under a succession of textbook-centrist governments, based on coalitions of parties and politicians that share a fundamental lack of convictions (apart from the blind urge to fight Russia again), egotism, careerism, and a coldhearted indifference, if not disdain, for the worsening problems and hardships that shape the lives of ordinary Germans. At this point, the latest iteration of centrist uselessness warming seats in Berlin unites deeply unpopular Social-Democrats (SPD) – 12% in the polls – and widely scorned mainstream conservatives (CDU/CSU) – 22% and falling. No wonder that a whopping 53% do not trust any political party, while an abysmal 77% are dissatisfied with Merz.

It is this catastrophic decline, ruling fecklessness, and national frustration that will really be at stake in what is soon going to happen in the eastern German city of Erfurt, where the AfD (Alternative for Germany) will hold its party congress July 4-5. Ahead of the meeting, Germany has the jitters. While the AfD is expecting hundreds of party delegates as well as guests, the authorities are predicting that 35,000 to 70,000 protesters will gather as well. That is a significant number by any measure. But it is even more impressive – or concerning – if you consider that Erfurt is historic (with one of Germany’s oldest universities) but not big, with a population of not quite 220,000.

It is extremely unlikely that all the anti-AfD protests about to converge on Erfurt will remain peaceful. While calling for calm, the local authorities and police are clearly trying to prepare for disturbances and violence, including blockades and worse. Bjoern Hoecke, the key representative of the AfD Right and the powerful leader of the party in Thuringia, where Erfurt is located, may have been a touch hyperbolic when speaking of “civil war-like conditions.” Yet leaked documents show that Thuringia’s police are warning of thousands of violent activists who they believe will stage firebomb attacks from roofs, accept severe injury and death among their targets, and even execute an “endgame scenario” of storming the AfD congress.

The police union is concerned about not having enough officers on the ground. Whatever happens in Erfurt, it is already clear that the scene has been set for some big symbolic showdown theater. According to centrist and mainstream narratives, the battle lines are as Manichean as the best of Tolkien: Here, the forces of Mordor of the AfD, widely labeled as hostile to democracy and the constitution if not outright fascist; and there, the Hobbit forces of light of conformist protest, civil society, and a wholesome resistance that knows its place. If the latter features serious violence as well, then that will be written off as the exception, and ultimately the fault of the AfD.

So much for the childish story you will hear a lot about in the mainstream media.

Read more …

 

 

 

 

 

 

 

 

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

 

 

 

 

 

Home Forums Debt Rattle Fourth of July 2026

Viewing 11 posts - 1 through 11 (of 11 total)
  • Author
    Posts
  • #244063

    Claude Monet Water lillies 1914 – 1917 • 250 Years of Fighting for Liberty (Ashley McCully) • US At 250: Why America Has Been So Successful And Can It
    [See the full post at: Debt Rattle Fourth of July 2026]

    #244073
    John Day
    Participant

    July 3 was Franz Kafka’s Birthday https://drjohnsblog.substack.com/p/franz-kafkas-birthday

    Franz Kafka, born July 3, 1883 in Prague, Bohemia (Czech Republic, now) would be 143 years old today. Josh Mitteldorf wishes this prescient visionary of our post-modern epoch a Happy Birthday: https://joshmitteldorf.substack.com/p/from-kafkaesque-to-uber-kafkaesque
    Kafka would “appreciate” our modern human struggles to thrive within a machine that promises growth, having just shrunken per-capita-prosperity for 25 years.

    The Honest Sorcerer, Infinite Growth Delusions Continue – For Now​ – When conflict of interests meets reality
    According to the data published in the latest release of the Statistical Review of World Energy, infinite growth continued unabated in 2025—this time with “renewables” at the helm. But what is underpinning this unabated growth in energy consumption? Do we have the resources needed to continue with this trend? ​ According to the report—or at least to the message it tries to convey—the answer is a resounding ‘Yes, without a doubt.’ In fact, and as you will see from the data presented below, the opposite is true: the world economy is facing a complex predicament, which will force it to contract…​
    ..According to the newly released report, total energy supply in 2025 increased by 1.7% over the previous year, with solar power accounting for the vast majority of this growth. Despite solar’s rapidly increasing share of world energy—now at 8.7%—all other forms of energy use continued to expand in absolute terms, including fossil fuels. Coal, oil and gas use have all increased throughout 2025, and still accounted for 86% of all energy supplied to the economy. Contrary to the stories we tell ourselves the energy transition still hasn’t started yet: wind and solar are still mere additions to an ever growing pile of carbon based fuels…
    ​..The Authors of the Statistical Review are building a bridge to nowhere, based on a blind faith in infinite growth on a finite planet.
    Perhaps the best example of this is Insight 2: Energy security in a changing world — How the 1970s oil shocks shifted energy patterns (page 8-9). After misidentifying the problem as an issue rooted solely in politics and war, while forgetting to mention that the then largest producer and consumer of oil in the world by far (the US) has passed it’s own domestic peak in conventional oil production in 1970, then suffered a 15% drop in output making its economy extremely vulnerable to external shocks, the report suggests that the crisis was eventually solved by other sources of energy (coal, gas, nuclear) taking up the slack. While the reference to the present crisis around Hormuz is not explicitly there, it is very hard to miss: ‘Don’t worry so much about oil, solar is here to save us!’…
    ..Looking at Oil Regional consumption by product group a number of slow changes in oil use over the decades becomes visible. After the dual shock of the 70’s refineries increasingly focused on making more diesel and gasoline from the same barrel at the cost of “sacrificing” fuel oil. In 1980 roughly a quarter of a barrel was refined into gasoline globally, another quarter found its way into diesel fuel, while slightly more than a quarter was burned as fuel oil (marine fuels and crude oil directly used in power plants). The remaining part was turned into jet fuel, naphtha, solvents, lubricants, bitumen, wax etc.—essential inputs needed by the wider economy. Over the 1980 to 2018 period, however, oil’s use as a fuel has shrunk to a mere 7%, while refineries were still turning half of each barrel into road fuels and a steady 7-8% into jet fuel…
    ..A growing portion of the barrels consumed around the world is increasingly coming in the form of ethane, naphtha, propane and butane. These substances are produced mostly as a by-product of processing natural gas (hence their name) but have very little to do with the real thing: a thick brownish-black liquid called crude oil. And while NGLs can still be used as precursors (raw materials) in manufacturing plastics and for filling cooking gas cylinders—they have little to no use in making more road and aviation fuels…
    ..Increases in the global consumption of transportation fuels (gasoline, diesel and jet fuel) have become strictly limited by the amount of “real” crude oil we could add into the mix. Consequently growth in fuel supply was capped at an average rate of 1.5% per annum from 1980 up until 2018, closely following increases in world crude oil supply. Then something broke—a full 2 years ahead of the pandemic…
    ..In 1980 every barrel of oil equivalent (boe) energy invested into drilling resulted in 30 new barrels recovered on a global average, this number is well below 10 by now, meaning that more and more energy needs to be reinvested into getting energy, leaving an ever smaller surplus for the rest of the economy…
    ​..If Rystad’s estimates are correct, about a half as much oil will be available than today by 2050… Food for thought. So why is this alarming trend not discussed in the Statistical Review? Why have they removed the state of proven oil reserves from their report? Because, perhaps, these reserves stopped growing and had to be revised downward? Well, according to Rystad Energy this is precisely the case—too bad they, too, have removed this information from their website later (here is an archived version):
    ​ “Global recoverable oil resources, including estimates for undiscovered fields, stabilized at approximately 1.5 trillion barrels. The most significant revision over the last 10 years has been in yet-to-find resources, where our projection has been reduced by 456 billion barrels. This is due to a steep decline in frontier exploration, unsuccessful shale developments outside the Americas and a doubling in offshore costs over the past five years. Rystad Energy expects reserve replacements from new conventional oil projects to be less than 30% of production over the next five years, while exploration would replace only about 10%.”
    ​ Another study from the IEA, published last year, found that as oil fields mature (read: deplete) production decline accelerates. At first just by a little, which can be easily offset by enhanced oil recovery techniques, then ever faster and faster… Till the increased energy and material investment needed to keep the juices flowing no longer worth it, and extraction stops. Bad news is that, in 2024, around 80% of global oil production and 90% of natural gas production came from fields that had passed their peak in production…​
    ..There is nothing left to be sacrificed: if oil production falls—either due to wars, or due to a global peak in production whenever it comes—the economy falls with it.
    ​ Diesel fuel, the most valuable portion of the barrel cannot be substituted with electricity at scale either, as agriculture, mining and long distance trucking (not to mention construction) are still completely dependent on this fuel. And without these activities, there is no copper, zinc, nickel, silicon—or anything needed to make “renewables” plus the gazillion electric devices, batteries, transformers, high voltage lines etc. needed to build a ‘smart’ grid to accommodate them. Average citizens buying electric vehicles will not and cannot change that picture—only worsen it by hasting mineral depletion. (In fairness the same goes ​for driving gas guzzlers.) See, contrary to the impression conveyed by the authors of this report various energy sources are neither fungible beyond a certain limited degree, nor infinite: as each depend on mining non-renewable resources to depletion.​ https://thehonestsorcerer.substack.com/p/infinite-growth-delusions-continue

    ​ Surplus Energy Economics, Dr. Tim Morgan has a dark view, presented dip[lomatically here: PARKING THE THESIS​
    It’s been said that travelling hopefully is better than arriving, but there comes a point at which even the most sluggish and reluctant train pulls into the station. When that happens, the locomotive and the rolling stock are parked in the sidings, leaving the passenger with new decisions to make.
    ​ Back in 2013, when the Surplus Energy Economics project began, it was possible to suspect that the fading out of the fossil fuel impetus, first harnessed during the industrial revolution, might be pointing towards a pretty imminent ending of economic growth.
    ​ Today, through the application of a series of fundamental precepts, we can know, and at very high levels of confidence, that the economy has stopped expanding, and is heading into contraction.​.. [long, detailed part] …
    ​..A perfectly plausible post-growth model exists, one in which top-down, centralised institutions fail, and are replaced by localised, bottom-up alternatives, which operate at a more human scale, and are more in keeping with environmental sustainability. The astute will be starting to create these localised alternatives even before over-centralised systems collapse.
    ​ At the same time, and as the affordability of discretionary (non-essential) products and services retreats, an economy increasingly starved of surplus energy will become progressively more labour-intensive.
    ​ The problem, as ever, is ‘getting from A to B’, when “A” is a society hubristically wedded to notions of infinite growth whilst “B” is a more stable-state situation better geared to meeting needs than to fostering the avaricious psychology of consumerism and paper wealth.
    ​ Our understanding of finance, when benchmarked to the material, should inform us that the moment of monetary failure will coincide with the attainment of absolute peak valuation.
    ​ Policy desperation will combine with ignorance of economic processes to ensure that a theoretical wealth based on non-monetizable notation, and on a complete inability to match claim with substance, will hit its zenith at the very point at which markets complete their failure, and money is stripped of the only substantive value that it can ever possess.​ https://surplusenergyeconomics.wordpress.com/2026/07/01/327-surplus-energy-economics/#like-45966

    ​ Gail Tverberg, Why Oil Shortages May Bring Lower Prices–and Recession
    There have recently been many warnings about near-term oil shortages stemming from the conflict in Iran. Most analysts assume that shortages mean higher prices. As I will explain, the dynamics of a self-organizing economy suggest the opposite outcome — lower prices, deepening recession, and shortages of goods and services that have little to do with price.​ https://gailtverberg.substack.com/p/why-oil-shortages-may-bring-lower

    #244074
    John Day
    Participant

    ​ A “glut” is more supply than demand. Since oil supply can’t increase much, if at all, this prediction implies global economic Demand-Destruction, doesn’t it?
    Goldman Sachs Warns Oil Inventory Rebuild Won’t Prevent 2027 Supply Glut​ https://www.zerohedge.com/markets/goldman-sachs-warns-oil-inventory-rebuild-wont-prevent-2027-supply-glut

    ​ Iran Runs Into Big Problem: No Buyers For Its Oil, As Full Tankers Pile Up Off China
    As we suspected a month ago, China’s economy is in far worse shape than telegraphed, and as a result it does not need Iranian oil (what oil it does need it just sources from its massive strategic reserves).
    ​ In Early June we said that confirming our recent reporting on China’s oil demand collapse, crude oil imports to China in May fell to their lowest since October 2017 because of the price spike resulting from the Persian Gulf tanker traffic disruption, plunging refinery margins (due to price ceilings imposed by Beijing), of a slowing economy and the rapid slowdown in the economy.
    ​ The May total stood at 33 million barrels, or 7.8 million barrels daily, Bloomberg reported, citing Chinese customs data. This is roughly a 30% drop vs the average daily import rate of 11.6 million barrels last year. As previously noted, refinery run rates are down as well, as are fuel exports, with Beijing careful to make sure there is enough diesel and gasoline for the domestic market. All this is happening as the latest batch of Chinese data was “shockingly bad”, promptly fears of a China hard landing.​ https://www.zerohedge.com/markets/iran-runs-big-problem-no-buyers-its-oil-full-tankers-pile-china

    ​ US officials feared Israel was plotting to kill head Iranian negotiators: report
    ​ The US believed Israel was plotting to kill Iran’s head negotiators in the middle of the peace talks, with America going as far as to warn Tehran through third party countries of the risks, officials said.
    ​ Fears that Israel could derail the fledgling peace talks spiked in April as America believed the Jewish state had their eyes on Iranian Foreign Minister Abbas Araghchi and Parliament speaker Mohammad Bagher Ghalibaf, The New York Times reported.
    ​ The two leaders would go on to approve the current peace deal with the US. If they were killed, it would have likely prolonged the conflict as previous assassinations by Israel have.​..
    ..American-Iranian negotiations had previously been halted with an Israeli strike that killed Ali Larijani, Iran’s top national security official who had been leading the negotiations in March.
    ​ Despite the clear orders to keep Araghchi and Ghalibaf alive, American officials still held concerns that Israel would still try to assassinate them, pushing the US to ask countries in the Middle East to warn Iran about the possibility of an attack, sources told the Times.​..
    ..The fears appeared all the more real during Ghalibaf’s trip to Pakistan to meet with Vice President JD Vance in April…
    ..During the flight, Iran’s security forces notified the plane about an alleged Israeli plan to attack the aircraft, with two Israeli fighter jets detected entering the Islamic republic’s airspace, two officials told the outlet…
    ..Ghalibaf had previously survived two attacks from the US and Israel during the latest war and in the 12 Day war last year.
    ​ The account echoes the claims from Mahdi Mohammadi, a senior adviser to Ghalibaf, who said the plane was forced to make an emergency landing in Mashhad, Iran’s closest airport to Pakistan.
    ​ The delegation was forced to take an eight hour trip by land to Tehran due to the security concerns, Mohammadi said.
    Ghalibaf would go on to travel with Araghchi to Qatar and then to Switzerland last month for another in-person meeting with Vance and American negotiators.​ https://nypost.com/2026/07/02/world-news/us-officials-feared-israel-was-plotting-to-kill-head-iranian-negotiators-report/

    ​ The Hormuz Letter: BREAKING: Israel was plotting to kill Iran’s chief negotiator Ghalibaf and Foreign Minister Araghchi to undermine peace talks this spring, with Israeli fighter jets entering Iranian airspace to directly attack Ghalibaf’s plane returning from Islamabad talks with Vance, forcing an immediate emergency landing in Mashhad, per US officials speaking to NYT.
    Shortly before, the US had gone as far as warning Iran through other countries in the region that Israel would target the two officials, which led to the emergency landing and other safety measures. An Israeli security official responded to the NYT report telling i24 News, “If and when Israel wants to eliminate anyone, it does so.” https://x.com/HormuzLetter/status/2072782565501767743

    ​ Will Israel attack? Saudi Delegation Makes Unexpected Appearance In Tehran For Start Of Ayatollah’s Funeral
    Friday and Saturday kick off what will be up to a week of solemn funeral observances for slain Iranian Supreme Leader Ayatollah Ali Khamenei – a major historic event which is expected to draw some 15 to 20 million mourners in Tehran and across Iranian cities.
    ​ Iran on Thursday issued a warning to the United States and Israel, Reuters reported:
    ​ “We warn the enemies of Iran, especially the U.S. and the Zionist regime (Israel), to avoid any miscalculation and to think about the harsh retaliation our armed forces would make to any threat and aggression against our country,” Ali Abdollahi, commander of Khatam al-Anbiya Central Headquarters, said.​..
    ..Saudi Deputy Foreign Minister Waleed El Khereiji and his delegation have showed up in Tehran to pay their respects – though they weren’t officially expected, per Iranian state publications…
    ​..One delegation which was indeed expected, and has arrived amid the cameras are the Russians, headed by Dmitry Medvedev, former president and now Deputy Chairman of the Russian Security Council.​ https://www.zerohedge.com/geopolitical/saudi-delegation-makes-unexpected-appearance-tehran-start-ayatollahs-funeral

    #244075
    John Day
    Participant

    Moon of Alabama, War On Iran: – Vance-Rubio Struggle – Oman Supports ‘Fees’
    Vice President JD Vance was heavily involved in the ceasefire MoU with Iran. The first part of the Memorandum extended the ceasefire to Lebanon and was supposed to guarantee it sovereignty.
    At the same time or shortly thereafter Secretary of State Marco Rubio negotiated an agreement with Lebanon and Israel which guarantees a continuation of the Israeli invasion and occupation of Lebanese land.
    The Lebanon agreement is thus a direct attack on the MoU with Iran.
    Via The Cradle we find some interesting speculation how this is an expression of a power struggle within Trump’s White House coterie:
    The agreement between Lebanon and Israel cannot be understood through bilateral negotiations alone. It also reflects shifting power dynamics in Washington, where US policy toward Lebanon is shaped not only by official institutions, but by competition within the administration and the Republican Party, alongside pressure from pro-Israel lobbying groups, particularly the Zionist lobby and the hardline Lebanese Christian lobby.… [This] is reflected in the quiet contest within the American right, particularly between US Secretary of State Marco Rubio, who represents the traditional pro-Israel Republican establishment, and Vice President JD Vance, whose camp has been more cautious about US involvement in West Asia. https://www.moonofalabama.org/2026/06/war-on-iran-vance-rubio-struggle-oman-supports-fees.html

    ​ Vance Says US Will Use Iran MoU To Replenish Global Oil Supply Then ‘See Where the Hand Is’
    “And … if the Iranians are willing to make the commitments that we would like them to make and are willing to back those up with verifiable milestones, then we are going to change our relationship with Iran. And if they don’t do that, then nothing has really changed except for what we’ve already accomplished from the military campaign, which is a lot. So, we kind of have two options here. We have the option of pursuing a long-term deal with the Iranians, but that requires a significant change in their behavior. We have the option of banking our wins and then, of course, doing things on top of that if the president feels that we have to. And I think both of those options are very much in play,” he added.​..
    ​..Trita Parsi, the executive vice president of the Quincy Institute for Responsible Statecraft, said in a post on X that Vance’s comments heightened suspicion in Iran that the war will restart despite the MoU. He made the comments in a post discussing the view in Iranian political circles that Israel may launch an attack before Israeli elections are held in October.
    ​ “Will Israel restart the war with Iran before the October elections? This is the consensus view emerging within Iran’s internal national security debate over the past week,” Parsi said.

    Vance Says US Will Use Iran MoU To Replenish Global Oil Supply Then ‘See Where the Hand Is’

    ​ Trump plays good-cop: Vance Warns ‘US Has Options’ As Iran Rejects Direct Doha Talks – Trump Insists Diplomacy Is ‘Very Good’
    President Trump has simultaneously hailed “very good” talks on Iran in Doha – apparently just referencing envoys Witkoff and Kushner merely dialoguing with third country intermediaries.
    ​ On the same day, Vice President JD Vance played a little ‘bad cop’ – warning that if Iran fails to acquiesce and destabilizes the region that the US could respond, escalating in several ways. “If Iran attempts to rebuild its nuclear program, threaten its neighbors and support terrorism, President Trump has options to deal with it,” Vance said.​ https://www.zerohedge.com/markets/trump-briefed-full-scale-war-plans-still-eyes-diplomacy-iran-reminds-us-muzzle-your-pets

    ​ Gold & Geopolitics​ Daily digest: 2026-07-03
    The June jobs print (57k, roughly half expected) was the hinge of the day: gold decoupled from stocks and ripped while the memory/chip complex cratered, dragging Korea to the edge of a bear market and turning the AI-capex reflexivity trade. New overnight: the NYT reported Israel plotted to assassinate Iran’s chief negotiators…
    ..June payrolls come in at 57k, ~half the ~113k expected — and gold treats bad news as bad news. Headline miss with April/May revised down a combined 74k, unemployment falling to 4.2% only because the labor force shrank ~700k. Confirmed by zerohedge, Kobeissi, Hedgeye. Gold reportedly jumped ~$60/oz in a single minute…
    ..Largest strike on Kyiv of the war. ~570 air-attack means (74 missiles + 496 drones) per Ukraine’s Air Force (MilitarySummary); the mayor called it the most powerful strike since 2022 (MilitarySummary). At least 18 killed (zerohedge); civilian toll later put at 27…
    ​..Iran–Israel–Hormuz: capitulation on fees, escalation on the ground​ – Europe made peace with an Iranian Hormuz transit fee as “inevitable,” urging only that Iran not discriminate on which vessels pay (zerohedge, dana916). WSJ says the US offered to release frozen funds for fee-free passage; Iran rejected it (AryJeayBackup).
    ​ But the war track is re-arming: a source close to Ghalibaf says Israel is preparing a new round of operations, after Katz ordered the IDF to ready a “blue-and-white” op (HormuzLetter); Trump is moving more Marines to the Gulf (ProfessorPape). Khamenei’s funeral prompted a mediated US-Iran pause​…
    ​..Separately, IDF casualties reported in clashes with Hezbollah in southern Lebanon; rocket sirens near the border​…
    ​..Oil: SPR at a 1983 low as paper and physical keep diverging​ – The SPR fell to 326M barrels, lowest since 1983, a 13th straight weekly decline (Kobeissi). Saudi exports approached pre-war levels at 6.3M b/d over six days (zerohedge), while Iran can’t place its barrels — 58M on the water, 90% with no destination (zerohedge).
    ​ The physical-vs-paper case: few ships will sail to Hormuz, so ME tanks stay full and traders misread discounts as glut (JustDario); China quietly drained ~450M barrels of imports in June, masking tightness​…
    ..OpenAI floats handing the Trump administration a 5% stake. Reported to “clear political obstacles,” with other US labs expected to offer a similar cut…
    ​..Trump Inc.: the stake, the “Trump Accounts,” the receipts​ – Beyond the OpenAI stake: Goldman is contributing to “Trump Accounts” for employees’ children (zerohedge); Micron’s $250M contribution earned a Trump “double pump” and a “+9 points” boast (Kobeissi) — the same Micron that took $3B of taxpayer money (JustDario).
    ​ The optics aren’t great: Trump says his kids made him $1.4B in crypto, which he “had no idea” about (Nostra) — more than every public crypto-treasury company combined in 2025 (Hedgeye); disclosures show 21,000+ trades across eight accounts, ~80/day…​ https://no1sdailydigest.substack.com/p/daily-digest-2026-07-03

    ​ G​old & Geopolitics, Daily digest: 2026-07-02
    Big day, two deltas dominate. First, the AI trade inverted: Meta’s plan to sell “excess” compute added ~$100B to its cap in a morning while the picks-and-shovels names (CoreWeave, Nebius, Corning, memory) got monkeyhammered — the market is now rewarding capex cuts, and Palantir’s Karp went on TV to call the frontier labs parasites. Second, Russia hit Kyiv with the long-threatened “mega-strike” (~74 missiles incl. 12 un-intercepted Zircons, 10 civilians dead)…
    ..Korean market seizing up. Exchange activated sidecars to halt KOSPI and KOSDAQ program selling; leveraged KORU -30% “retail margin call massacre”; SK Hynix -8.2% (zerohedge). Koreans out of margin debt are now borrowing from banks to buy stocks…​
    ..AI: Meta sells “excess compute,” market punishes the shovel-sellers
    Meta reportedly building “Meta Compute” to rent data centers/models, rivaling AWS/Azure (zerohedge). The tell everyone seized on: if the biggest buyers are now sellers, what’s actually scarce? …
    ​..Broader accusation: an Anthropic mechanism covertly profiling users (ethnicity/timezone) via steganography (Arnaud Bertrand), with security researchers noting the jailbreaks matched existing open/Chinese-model capability (alexstamos). Sonnet 5 reportedly jailbroken in minutes.​ https://no1sdailydigest.substack.com/p/daily-digest-2026-07-02

    #244076
    John Day
    Participant

    ​ New Bipartisan Bill Seeks to Outlaw Criticism of Israel and Jewish Power
    Last year’s defeat of the Antisemitism Awareness Act (AAA) by a coalition of progressive Democrats and patriotic Republicans caught the Jewish community off guard.
    ​ According to a report by Jewish Insider, Chuck Schumer and his Republican collaborator’s attempt to sneak the AAA into the 2025 National Defense Authorization Act was thwarted when a coalition of nationalist podcasters such as Tucker Carlson and various Palestine sympathetic left-wing groups called attention to its draconian provisions and drew backlash to the bill.
    ​ Rather than give up, Jewish groups reeling from the defeat have decided to launch a renewed offensive, this time attacking opposition to their Zionist agenda at its root: freedom of speech, especially on social media.
    ​ In May and June, a bipartisan coalition of 15 House Republicans and 14 Democrats formally sponsored the Jewish American Security Act (JASA), a piece of legislation that if passed would constitute one of the most sweeping attacks on the First Amendment in American history. The bill enjoys practically universal backing from Jewish non-profits and Zionist activist groups.
    ​ The new law presents four major demands: the appointment of a specialized Anti-Semitism commissar to manage the Department of Education’s campaign combating pro-Palestinian activism on college campuses, a $1 billion dollar cash injection to “secure” Zionist non-profits and Jewish houses of worship, mandatory state monitoring of online social media platforms in order to force them to censor “anti-Semitic” political speech on their platforms, and officially reorienting the mission of the FBI, Department of Homeland Security, and National Counterintelligence and Security Center as instruments for targeting critics of Jews and Israel as foreign enemy actors and domestic terrorists.
    ​ On the education front, JASA strengthens and makes permanent Donald Trump’s Executive Order 14188 (“Additional Measures to Combat Antisemitism”), which emphasizes that Israelis are a protected class above criticism under the 1964 Civil Rights Act.​..
    ..Such a law, if passed, would treat figures as prominent as Tucker Carlson, Marjorie Taylor Greene, Megyn Kelly, Thomas Massie, Ana Kasparian, Ilhan Omar and Candace Owens, as well as many smaller critics that have arisen in recent years, as terrorists and enemies of the state.​ https://www.unz.com/estriker/new-bipartisan-bill-seeks-to-outlaw-criticism-of-israel-and-jewish-power/

    ​ Dennis Kucinich, U.S.-Israel Military Merger Delayed: Here’s Why and How You Can Stop It
    A procedural vote bought Congress—and the American people—one more chance to defend American sovereignty.
    ​ Welcome to civics class, Washington, D.C. style.
    ​The Massie-Khanna Amendment, which would have removed the military merger from the bill, was not made in order by the House Rules Committee, which serves as the traffic cop on legislation, deciding which bills and which amendments move forward.
    ​ In this case, the Rules Committee played dirty cop and the fix was in to make sure the House would not be able to vote on the military merger because the amendment was simply not placed in the rule…
    ​..Before Members can vote on the underlying legislation, they must first vote separately on the rule. The rule establishes the terms of debate and determines which amendments may be considered.
    ​ If the rule goes down, the bill goes down with it.
    Why Was the NDAA Vote Delayed?
    ​ Here is what happened.
    Because of a dispute over the SAVE Act, the House voted down the rule. The NDAA never came before the House for debate or final passage. A disappointed Speaker adjourned the House until July 13.
    ​ As a consequence, the NDAA has not passed and the U.S.-Israel military merger it authorizes has not become law.
    Yet.
    ​ When the House returns, the Rules Committee must meet again and draft a new rule. Based on what just happened in committee, there is every reason to believe the new rule will once again prevent any amendment from being offered to remove the military merger.​ https://kucinichreport.substack.com/p/us-israel-military-merger-delayed

    ​ Richard Revelstoke explains that within the necessary flows of global economy, there are certain choke-points, which are controlled by certain competing capitalist factions, through which each faction profits and may harm or impair other factions, but the flow must continue, or all factions lose. None can control it all.
    ​ Rheopolitics: The Power to Deny​ – A civilization survives because things continue to flow. Water. Electricity. Data. Money. Software. Energy. Food. Every modern society depends upon uninterrupted circulation. The actor capable of interrupting those flows possesses a form of power that previous civilizations had no real conception of — primarily, because the technology did not exist.
    ​ Consider SWIFT.​ – A sovereign state, domestically sound with its borders protected can be rendered impotent if it is unable to transact. Being excluded from SWIFT, by those who are able to exclude, is a far more deadly and cost effective weapon than tanks and artillery. A nation can be undefeated on land and sea, but destroyed by sanctions.​ https://www.themargins.ca/p/rheopolitics-the-power-to-deny

    ​ Richard Revelstoke presents the case that capitalism has recently broken down into 4 competing factions, is in decline, and that there is no apparent economic system to replace it. [I am not alone in asserting that post-growth economy must not allow usury, which necessitates economic growth, or slavery and collapse.]
    ​ Permanent Planetary Turbulence​ – The Long Winte​r
    Wolfgang Streeck is a German political economist, former director of the Max Planck Institute for the Study of Societies. His major work Buying Time (2014), and especially How Will Capitalism End? (2016) make the argument that capitalism is in a terminal crisis — not collapsing in a revolutionary moment, but running down over a long period because the institutions that stabilised it (the postwar settlement, the welfare state, embedded liberalism) are exhausted and there is no successor system being built.​ https://www.themargins.ca/p/permanent-planetary-turbulence

    ​ Caitlin Johnstone, The Gaza Ethnic Cleansing Agenda Continues To Roll Forward
    The Adelson-owned pro-Netanyahu outlet Israel Hayom reports that in the coming weeks the so-called “Board of Peace” overseeing life in the Gaza Strip is planning to relocate Palestinians to “humanitarian shelters” that are not under Hamas control.
    ​ Israel Hayom reports that an area near the destroyed city of Rafah is the first location where such camps will be set up. This is noteworthy because one year ago defense minister Israel Katz stated that there was a plan to construct a “humanitarian city” on the ruins of Rafah, where “the emigration plan” for the Palestinians would then be implemented, adding that Benjamin Netanyahu was working on finding foreign nations to accept the population of Gaza.​ https://www.caitlinjohnst.one/p/the-gaza-ethnic-cleansing-agenda

    #244077
    John Day
    Participant

    ​ Thanks Lucy. Monsters Playing Victims​ – Danny Danon’s Twisted War on the Truth
    ​ Whether Israelis will ever comprehend the irreparable damage inflicted upon their country’s reputation by their UN Ambassador, Danny Danon, is a moot point. The damage Israel has done to itself through its barbaric practices in occupied Palestine is simply impossible to overcome.
    ​ Danon, however, utilizes a peculiar approach to defending Israel within international institutions: he relies on bullying, intimidation, and an overt attempt to silence anyone who dares to challenge the official Israeli narrative—particularly women leaders. Yet, what makes his behavior most outrageous is his deployment of these abrasive tactics to suppress an issue that demands the utmost sensitivity: the systemic use of sexual violence and human rights abuses against Palestinians.
    ​ The confrontation took place during a UN General Assembly session convened to mark the International Day for the Elimination of Sexual Violence in Conflict. Senior UN officials were presenting harrowing findings documenting sexual violence against Palestinian detainees.​..
    ​..The immediate target of Danon’s wrath was Pramila Patten, the UN Secretary-General’s Special Representative on Sexual Violence in Conflict. Instead of reflecting on the grim findings, Danon demanded Patten’s resignation. He accused her and the broader international community of harboring an “obsession” with targeting Israel.
    ​ When Vanessa Frazier, the Secretary-General’s Special Representative for Children and Armed Conflict, attempted to intervene on a point of order per established protocol, Danon unleashed a vitriolic verbal assault. Refusing to yield, he shouted over her, ordering her to “be quiet” and drowning out the chamber with his outbursts. “Shame on you. You are part of this obsession,” Danon bellowed.​ https://www.savageminds.co/p/monsters-playing-victims

    ​ Tibetan Man Sets Himself On Fire Outside UN Headquarters In New York
    The Tibetan National Congress of New York and New Jersey said in a July 3 statement posted to Instagram that the man was a 52-year-old Tibetan activist named Lobsang Palden, also known as Lobga Rangzen, who has “​stated that the man was a 52-year-old Tibetan activist named Lobsang Palden, also known as Lobga Rangzen, who had “dedicated his life to participating in peaceful, non-violent demonstrations to expose China’s human rights abuses in Tibet.”
    ​ The organization said Rangzen broadcast a livestream on Facebook before self-immolating near the U.N. headquarters, in which he called for Tibetan independence and spoke about the Chinese occupation of Tibet.
    ​ The activist attributed his actions to his commitment to Tibet and emphasized that they were not driven by any personal circumstances, the Tibetan National Congress added.
    ​ In his final message, he said: “I don’t want you to mourn for me, I want you to continue the struggle for Tibetan independence, because the lack of independence is the root of all our problems,” according to the Tibetan National Congress.
    ​ “We must recognize and remember that Lobga Rangzen committed this act for the political freedom of Tibet,” Jamyang Norbu, founder of the Tibetan National Congress, said.​ https://www.zerohedge.com/geopolitical/tibetan-man-sets-himself-fire-outside-un-headquarters-new-york

    ​ White House Homeland Security Adviser Stephen Miller delivered a clear and forceful message: every Haitian national on Temporary Protected Status will be returned to Haiti under President Trump.​ https://www.zerohedge.com/political/miller-every-single-haitian-migrant-going-back-haiti-under-trump

    ​ Simplicius, SITREP 7/2/26: Another Massive Strike on Kiev, as Konstantinovka on the Brink
    Last night Russia again struck Kiev with one of the most massive attacks of the war, after having saved up missiles and drones for the past couple weeks.​..
    …Now in his latest interview C-in-C Oleksandr Syrsky has declared that Russia is preparing a major offensive on neighboring Chernigov region with the aim of potentially having another go at Kiev.​.. We’ve heard such rumors for years, but never directly from Syrsky himself.
    ​ One interesting thing he notes is that the Russian General Staff appears to have made several different contingencies, depending on how the situation unfolds, particularly vis-a-vis Belarus and whether Lukashenko allows Russia the use of its territory for launching an assault. One of the things this appears to imply is that Russia is playing it by ear and will consider utilizing Belarus depending on how things play out.
    ​ And which things could those be, that could trigger such a contingency? The most obvious answer: Belarus being forced into the war after being attacked by Ukraine. In short, it’s possible that the Russian General Staff is providing for a plan that should Belarus forcibly be brought into the war, then Russian troops will be able to use its territory without creating any ‘thorny’ political issues.​ https://simplicius76.substack.com/p/sitrep-7226-another-massive-strike

    ​This quote is noteworthy: John Helmer, THANK YOU, PRESIDENT PUTIN, FOR TRYING TO HAVE A BALANCING ACT
    The Moscow source added: “I do not see Americans giving up on Pakistan again. It’s a cheap maintenance mistress to keep. Chinese tried the more expensive Belt & Road approach – investing in nation building and infrastructure for China. Pakistan is a loss and a problem for the Chinese too. They treated Pakistan like a real country – they did not understand the nature of khans and their khanates. Pakistani generals are Central Asian khans. Brits know how to deal with them and buy them. Chinese do not. The Americans simply pay the generals as they always have, and they get the biggest bang for their buck. That way they also keep the Indians all riled up, and the Russians nervous and unsure what to do.”​ https://johnhelmer.net/thank-you-president-putin-for-trying-to-have-a-balancing-act/#more-94509

    #244079
    John Day
    Participant

    ​ J​ohn Helmer, THE ANCHORAGE FORMULA WAS A TRUMP TRICK – PUTIN FELL FOR IT FOR A YEAR, SO NOW WHAT: SACK DMITRIEV, DISMISS WITKOFF & KUSHNER, DESTROY NATO ARMS CONVOYS ENTERING UKRAINE FROM POLAND
    ​ Russia’s escalation options for ending the war on the original terms of the Special Military Operation of February 2022 are now too little, too late.
    This is because demilitarization of the Ukrainian battlefield cannot stop or deter the rearmament of the NATO allies for permanent war against Russia.
    ​ Nor can denazification of the Kiev regime succeed when the NATO allies have become nazified, like the Trump regime in Washington. Militarization and nazification have become US empire war aims against Russia.​.. They are planning the permanent war future in which the territorial concessions Putin agreed to in Anchorage a year ago – Crimea and the four Novorussian regions in exchange for a US guarantee of Russia’s security in Europe – will not produce the “the security of our country and our citizens, and the inviolability of Russia’s borders for decades ahead”. That was Putin’s promise to Russian voters in his first election campaign rally early this week (June 28).​..
    ..So what is the end-of-war plan now?​ “Our primary objective [is] the final liberation of Donbass and Novorossiya,” Putin continued. “We know that the West continues to pursue Russia’s strategic defeat. There have been occasional suggestions that this is no longer the case, but officially no one has abandoned that objective. The goal remains Russia’s strategic defeat. If that is so, then why are they calling for a ceasefire and peace negotiations, and increasingly expressing a desire to take part in them? If Ukraine is, as they claim, capturing more and more territory and liberating it – in other words, if it is winning – then Western leaders simply need to wait. Russia’s strategic defeat would, it would seem, come about of its own accord. So let them wait. Meanwhile, our troops will continue doing their job and will do everything necessary to achieve the objectives of the special military operation.” ​…
    ​..In the discussion, US Secretary of State Marco Rubio’s statement on the Anchorage Formula was contrasted with Foreign Minister Sergei Lavrov’s elaboration.
    ​ Rubio said: “There was no agreement in Alaska. There was a proposal in Alaska, but there was no agreement in Alaska. If there had been an agreement, we would have had an end to the war. So as I said, the President is prepared, as the United States remains prepared, to play whatever constructive role we can to bring about an enduring end to this war in Ukraine, and which has been bloody – 25 – 20,000 soldiers killed every month; 5,000 a week, most of them Russian. So it’s been debilitating for Europe, for the – but especially for Ukraine and for Russia increasingly.
    ​ So if they’re – we are prepared to step forward and play a constructive role, if there’s one for us to play, in bringing the parties together and bringing that war to an end. That’s what the President’s tried to do now for a year and a half, but there was no agreement in Alaska. There was a proposal made in Alaska, but it was never an agreement…
    ​..Lavrov replied the next day with a special press release from his Ministry: “It is imperative to elucidate the situation as we perceive it. I trust this will provide clarity for our audience.
    ​ US Secretary of State Marco Rubio asserted that, in Alaska, there were only proposals and no agreements concerning a settlement in Ukraine. Consequently, as he put it, it is unclear why Moscow appears so concerned. The reality of the situation is that, viewed in the broader context, several days prior to the Alaska meeting, US President’s Special Envoy, Steve Witkoff, arrived in Moscow bringing those very proposals from President Donald Trump. We duly took them into account. President of Russia Vladimir Putin pledged to present his response during the Alaska meeting.
    ​ Subsequently, in Anchorage, as the two presidents sat down for negotiations – and I must note that Marco Rubio and your humble servant were also present – President Vladimir Putin, addressing Steve Witkoff, who was likewise in attendance, began to enumerate the US proposals point by point. Following each item, in the presence of US President Donald Trump and Secretary of State Marco Rubio, he enquired of Steve Witkoff whether he had accurately captured the ideas brought to Moscow ahead of Anchorage.
    ​ To each of these queries, Steve Witkoff responded in the affirmative. Therefore, when my colleague Marco Rubio contends that only proposals were made in Alaska and no agreement was reached, I am left to question what precisely is meant by “agreement.” If one party, in this case the United States, puts forward its proposals for a settlement – for an approach to resolving this crisis – and the other party expresses concurrence with these proposals, then to state that no agreement was reached appears, to put it mildly, somewhat inelegant.
    ​ US Secretary of State Marco Rubio also remarked, at another engagement somewhere in the Middle East, that the United States stands ready to move forward and play a constructive role, should the opportunity arise. In his words, bringing the parties together and bringing an end to this war is precisely what US President Donald Trump has been endeavouring to achieve for a year and a half.
    ​ All of this, presumably, may be “credited’ as confirmation that there were indeed American proposals in Alaska, which we accepted. However, the quotation I have just referenced prompts a further question. I am referring to Secretary Marco Rubio’s recent testimony during hearings in Congress, during which he stated that the United States cannot act as a mediator because it supports Ukraine.
    ​ Yet, when an interest is expressed in the United States playing a constructive role, in uniting the parties – this already begins to resemble a claim to mediation. It is, of course, necessary to bring clarity to the entirety of this situation. Nevertheless, the fact remains: in Alaska, the US proposals were discussed and were accepted by the Russian side.” ​ https://johnhelmer.net/the-anchorage-formula-was-a-trump-trick-putin-fell-for-it-for-a-year-so-now-what-sack-dmitriev-dismiss-witkoff-kushner-destroy-nato-arms-convoys-entering-ukraine-from-poland/#more-94527

    ​ Gilbert Doctorow has insights as to Putin’s war strategy. Please read carefully: Further thoughts on ‘ethnic cleansing’ as a Russian war objective
    I am surprised that it took me so long to understand the logic to Vladimir Putin’s dragging out a war that he could conclude instantly via decapitation strikes on the political and military leadership in Kiev.
    ​ I called this process ‘ethnic cleansing’ in the full knowledge that the term is highly emotive. Indeed, one reader wrote to me directly, telling me that it is a form of ‘genocide.’ That goes to show how our language has been corrupted. ‘Ethnic cleansing’ such as one can see going on in Donbas is saving lives rather than taking lives. It is precisely the opposite of the American way of war, meaning indiscriminate carpet bombing of territory that you intend to take possession of. Moreover, the ongoing ethnic cleansing has the support of the Ukrainian government: it is they who try to withdraw to safety behind Ukrainian lines the entire population of towns under threat of Russian seizure. Indeed some residents of such towns and hamlets head West under compulsory evacuations. Others head east to the Russian side. And a minority of the core populations, mostly the elderly who cannot move, stay put and await ‘liberation’ by advancing Russian troops.​..
    ..Russia will rebuild these hamlets and towns just as it has done in the heavily destroyed cities in the eastern territories of Donbas, so that they will soon be repopulated by loyal pro-Russians.​..
    ​..I do not believe that this was a war objective in February 2022, which was more about countering an imminent threat of Ukrainian armed recovery of the Donbas from rebel forces, which would have amounted to murderous ethnic cleansing in the traditional sense. It was also about pushing NATO out of Ukraine and thereby removing a strategic threat to the Russian Federation. However, as the war evolved, objectives of the Kremlin also changed and reversing the Ukrainization of the Donbas rose as a new and achievable objective. However, this process has dragged on and on, while rising U.S. and NATO attacks on the Russian heartland now render untenable the slow meatgrinder activities. A decisive end to the war by decapitation of the Kievan junta becomes more urgent. And I believe such a strike will take place now that nearly all of the Donbas is in Russian hands and now that the September Duma elections are approaching. ‘Neutralizing’ the neo-Nazi junta in Kiev would steal victory for the United Russia party out of the jaws of defeat.​ https://gilbertdoctorow.substack.com/p/further-thoughts-on-ethnic-cleansing

    ​ Leader of Germany’s most popular party wants to restore ties with Russia
    Bringing back cheap Russian energy would help the German economy recover, AfD leader Alice Weidel has said​ https://web.archive.org/web/20260630223220/https://www.rt.com/news/642417-germany-party-restore-ties-russia/

    ​ Their banner says, “When the power of love defeats the love of power, the world ​knows peace”. An audacious climb turned into a marriage proposal. The couple was soon arrested
    ​ A daredevil couple scaled the Empire State Building’s antenna Wednesday and unfurled a banner about “the power of love” and peace, apparently as part of an audacious, high-altitude marriage proposal — soon followed by their arrest.
    ​ The Russian climbers, who go by Angela Nikolau and Ivan Beerkus, were the subject of the 2024 Netflix documentary “Skywalkers: A Love Story” about their “rooftopping” exploits and budding romance.​ https://www.pbs.org/newshour/nation/an-audacious-climb-turned-into-a-marriage-proposal-the-couple-was-soon-arrested

    #244080
    John Day
    Participant

    World’s Largest Data Center Project On Verge Of Collapse After Blackstone Unexpectedly Pulls Out​ https://www.zerohedge.com/technology/worlds-largest-data-center-campus-verge-collapse-after-blackstone-unexpectedly-pulls-out

    Centrus Energy Signs Billion Dollar Contract With DOE For Uranium Enrichment​ https://www.zerohedge.com/energy/centrus-energy-signs-billion-dollar-contract-doe-uranium-enrichment

    Supreme Court Strikes Down Trump’s Birthright Citizenship Executive Order​ https://www.zerohedge.com/political/supreme-court-strikes-down-trumps-birthright-citizenship-curbs

    FBI Mole Wore Wire Inside Newsom’s Inner Circle: Lawyer​ https://www.zerohedge.com/political/fbi-mole-wore-wire-inside-newsoms-inner-circle-lawyer

    ​The deep-state project to kill Trump failed embarrasingly: Secret Service Missed 102 Warnings Before Trump Assassination Attempt In Butler: Report https://www.zerohedge.com/political/secret-service-missed-102-warnings-trump-assassination-attempt-butler-report

    #244081
    John Day
    Participant

    Outgoing UK PM “Proud To Have The GAYEST Parliament Of All Time Anywhere In The World”
    “I don’t think there is any Parliament that is gayer than this Parliament”​ https://modernity.news/2026/07/01/outgoing-uk-pm-proud-to-have-the-gayest-parliament-of-all-time-anywhere-in-the-world/

    ​ I think this is ​sometimes done to reduce risk of deadly violence: Watch: Shocking Footage Of Britain’s Two-Tier Policing
    In the latest sickening example of two-tier policing under Keir Starmer’s government, a female officer in Birmingham charged straight into a street attack, shielded the three black aggressors, and then turned her aggression on their white British victim – an inebriated teenager who had just been randomly assaulted.
    ​ While the attackers dispersed without consequence, multiple officers swarmed the white lad, barked obscenities at him, shoved him into a police car the wrong way round, and then dragged him back out again.
    ​ A bystander who tried to explain that the white kid was the victim was completely ignored.​ https://www.zerohedge.com/political/watch-shocking-footage-britains-two-tier-policing

    ​ Pakistan has not been offered the right amount of money yet, have they? You Simply Will Not Believe This…
    A convicted predator who helped destroy the lives of vulnerable girls as young as 13 is days away from freedom in Britain, while Pakistan refuses to take him and archaic rules shield him from removal.
    ​ Shabir Ahmed’s case lays bare how legal technicalities, political cowardice, and a refusal to enforce borders have turned the country into a revolving door for the most dangerous offenders.
    ​ Ahmed, now 73, arrived in the UK long before 1973 as a Commonwealth citizen. He was convicted in 2012 at Liverpool Crown Court on multiple counts of rape, aiding and abetting rape, sexual assault, and trafficking for sexual exploitation. He treated at least one victim as property, abusing her on an almost weekly basis. ​ Part of a gang of nine men operating out of takeaways in the Heywood area of Rochdale, Ahmed and his associates targeted working-class girls from broken backgrounds.​ https://modernity.news/2026/06/30/you-simply-will-not-believe-this/

    ​ BREAKING: Multi-Year Study of 808 Embalmers Across 5 Countries Finds 75.2% Observed Unusual White Fibrous Clots in Corpses
    The anomalous clots were estimated to be present in 23.4% of all embalmed corpses overall.​ https://www.thefocalpoints.com/p/breaking-multi-year-study-of-808

    ​ Lots of deaths after the first dose: VAERS data shows the original Gardasil vaccine was unsafe
    If the vaccines are safe, the number of deaths reported after dose 1 vs. dose 3 should be statistically similar. They were not the same. There was a 13-fold difference in death reports.​ https://kirschsubstack.com/p/vaers-data-shows-the-original-gardasil

    #244082
    John Day
    Participant

    ​ Cancers adapt to treatments and treatments have to adjust, based on tumor response: Why Randomized Controlled Trials Are Poorly Suited to Testing Repurposed Drugs and Nutraceuticals in Cancer – The Case for Well-Conducted Observational Studies, Paul Marik MD https://paulmarik.substack.com/p/why-randomized-controlled-trials

    Paul Marik MD, Honokiol: The Natural Compound That Reaches the Brain and Targets Cancer Stem Cells https://paulmarik.substack.com/p/honokiol-the-natural-compound-that

    Eat your curry: Dr. Marik, Curcumin: Nature’s Most Powerful Anti-Cancer Compound
    Why this ancient spice targets cancer metabolism, cancer stem cells, inflammation, and the tumor microenvironment.​ https://paulmarik.substack.com/p/curcumin-natures-most-powerful-anti

    ​ Steve Kirsch, Worldwide government statistics show deaths increased sharply after the COVID shots rolled out
    Both peaks and troughs increased post COVID vaccine. It was supposed to go the other way if the shots worked.​ https://kirschsubstack.com/p/the-government-statistics-they-dont

    ​ Liability shield remains: HHS Terminates the COVID-19 Emergency Use Authorization Declarations Covering mRNA Shots, Drugs, and Biologics
    The COVID emergency framework is finally ending, but the Pfizer and Moderna mRNA injections have already moved beyond it.​ https://www.thefocalpoints.com/p/breaking-hhs-terminates-the-covid

    #244083
    John Day
    Participant

    Kennedy Ends Emergency Use Authorization for Covid Vaccines​ – HHS Secretary Kennedy Pulls Emergency Use Authorization for Covid Vaccines, But Insures They’re Still Available for All Who Want Them​ https://www.themahareport.com/p/kennedy-ends-emergency-use-authorization

    ​”Target Fixation”: Why Drivers Hit Cyclists They Clearly See (I’m a Lawyer) https://www.youtube.com/watch?v=j9etdPVptBo

    Climate Physicist, Anastassia Makarieva, They Are Working: Forests, Rainfall, and Rethinking “Sustainable Forestry”
    An edited MEER Podcast conversation on the biotic pump, intact forest resilience, the climatic work of natural ecosystems, and the pace of scientific change​ https://bioticregulation.substack.com/p/they-are-working-forests-rainfall

Viewing 11 posts - 1 through 11 (of 11 total)
  • You must be logged in to reply to this topic.