Aug 242026
 
 August 24, 2026  Posted by at 8:00 am Finance Tagged with: , , , , , , , , ,  46 Responses »


Andrei Rublev Trinity 1411


“Iran Is Losing Its Grip On Hormuz”: Strait Traffic Explodes Nearly 400% (ZH)
Trump Eyes ‘Crushing’ Economic Blockade To Bring Iran To Its Knees (JTN)
Carney Talking A Lot, President Trump Remains Quiet (CTH)
Trump Loses Trade War With Canada — The Atlantic (TASS)
Trump: Canada Wants ‘Benefits’ of Being US State (BBC)
Zelensky Has ‘Questions To Answer’ – Fedorov (BBC)
Putin Hints At ‘Catastrophic Scenario’ For Ukraine (RT)
Gutfeld Delivers an Epic Takedown of the Democrats’ Big Tent Myth (Margolis)
Bill Maher Admits Democrat Party Is Antisemitic (Matt Margolis)
Hasan Piker Mocks the Murdered Charlie Kirk to Cheering Crowd (Turley)
The New World Won’t Be Ruled By The ICC’s Bias (von Hoffmeister)

 


 

https://twitter.com/EricLDaugh/status/2091310119309242825?s=20 https://twitter.com/ConstitustionX/status/2091321196436705568?s=20 https://twitter.com/RippleXrpie/status/2091183404649795886?s=20

 


 


“Nearly 200 ships navigated the strait last week, up from about 150 the previous week and just 40 two weeks earlier..”

“Iran Is Losing Its Grip On Hormuz”: Strait Traffic Explodes Nearly 400% (ZH)

Shortly after President Trump declared the Strait of Hormuz “an American territory” on Friday evening, the New York Post published a new report citing UK Maritime Trade Operations data showing that commercial traffic through the critical waterway has rebounded sharply as more vessels use a US-backed route along Oman’s coast. This suggests that the US military presence and offensive operations in the region have degraded Tehran’s ability to fully control the waterway.


Nearly 200 ships navigated the strait last week, up from about 150 the previous week and just 40 two weeks earlier, according to UKMTO data. Traffic has recovered to roughly 20% of prewar levels, when the waterway carried about one-fifth of the world’s seaborne oil. “It increasingly looks like Iran has at least partially lost control of the strait,” Homayoun Falakshahi, head of crude oil analysis at Kpler, told CNN. “The Oman route absolutely makes the most sense,” added Dan Pickering, founder of Pickering Energy Partners, noting that it allows vessels to avoid the possibility of paying a toll to Tehran. President Trump told a crowd in South Carolina late Friday, “We don’t even know if we won, because I view the Strait of Hormuz as an American territory right now.”

Let’s revisit a mid-March note from Ex Uno Plures’ Zoltan Pozsar, who explained at the time that Trump was “methodically building a portfolio of assets” to pressure China, centered on strategic energy-supply nodes and maritime chokepoints that have historically supported Beijing’s access to cheap crude imports. His note highlighted the Panama Canal, Venezuelan oil flows, and the broader significance of Iran and the Strait of Hormuz.

Axios: 40 Tankers Transited Hormuz Friday Night, But Real Crisis Is Diesel
Axios political reporter and Middle East correspondent Barak Ravid reported early Saturday that 40 tankers transited the Strait of Hormuz on Friday night, citing three unnamed US officials. “Around 16 million barrels of oil moved out of the strait through the southern channel on Friday night,” Ravid wrote on X.

https://twitter.com/BarakRavid/status/2091159212587917391?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2091159212587917391%7Ctwgr%5E00e4da20ec21f610f45b22fbc487bac4b37b007f%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fenergy%2Faxios-40-tankers-transited-hormuz-friday-night-real-crisis-diesel

The latest Bloomberg vessel-tracking data show that 13 ships transited the critical waterway on Saturday, with seven traveling east to west and six moving west to east. Traffic remains well below the levels recorded during the brief memorandum-of-understanding period from June 15 through mid-July. On Friday, President Trump called the Hormuz chokepoint “an American territory”… “We don’t even know if we won, because I view the Strait of Hormuz as an American territory right now,” Trump said, addressing a crowd in South Carolina.

Trump joked about bombing Iran during the speech, saying, “It’s a Friday night. We have plenty of time… and what the hell do I have to do? Go back and bomb Iran a little bit more?” Axios reported Wednesday that the US military had established a shipping corridor in the critical waterway, which carries millions of barrels of oil each day. There was no word from Ravid on whether the 40 tankers sailed through the new shipping corridor. Even with these transits, the emerging energy crisis is not centered on crude availability, as SPRs around the world are being tapped to offset lost production in the Gulf region. Instead, the real crisis is materializing in the refined-products market.

The focus emerged at the start of the week when Bloomberg’s front-month US diesel crack spread (HOCL1 Index) topped $100 a barrel, as we warned: “Industrial economy either grinds to a halt or consumers about to be hit with the biggest energy pass-through in history.”

Then, by Wednesday, Jeff Currie, the former Goldman Sachs commodities chief and now co-chair of Abaxx Markets, appeared on CNBC to explain that the real crisis is not in crude but in diesel markets. “Nobody on the planet Earth consumes crude oil,” Currie told CNBC. “Refineries do. Everyone else consumes gasoline, diesel and jet fuel, and those markets look considerably uglier.” By Thursday, Currie explained that the convergence of tight physical markets, currency debasement and policy intervention represents the hallmark of a structural commodity bull cycle.

“Stop looking at crude. Nobody consumes it but refineries. The economy runs on gasoline and diesel, and that consumption-weighted basket costs $165 against $85 WTI,” Currie wrote on X. Read the report. The US diesel crack spread closed below $100 on Friday, but the Hormuz disruption, compounded by Ukraine’s decimation of Russia’s refining capabilities, is creating a perfect storm for global diesel markets ahead of the Northern Hemisphere winter.

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“The issue of Beijing’s support for Iran during the war remains sensitive ahead of Chinese President Xi Jinping’s planned visit to the United States in September.”

Trump Eyes ‘Crushing’ Economic Blockade To Bring Iran To Its Knees (JTN)

The Trump administration plans to escalate its strategy to economically isolate the Islamic Republic by targeting its international enablers and financial networks, and sends a warning shot to Beijing. As the conflict with Iran nears its six-month anniversary, President Donald Trump has traded bombs for a comprehensive economic blockade of the Islamic Republic, hoping to strangle the regime by cutting off its economic lifelines. This week, the president — frustrated with the Iranian leaders’ failure to agree to a deal to settle the conflict that includes ending the country’s illicit nuclear program — vowed to significantly ramp up the United States’ campaign to crush the Iranian economy.


Trump: “Tremendous economic circumstances”
On Wednesday, Trump announced the “most crushing economic operation ever taken” against the Iranian regime that would target Iranian enablers, or any country “that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran.” “Those countries will face TREMENDOUS Economic Consequences,” the president said in a post to Truth Social. “Oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies — It all needs to stop NOW. You know who you are,” Trump warned. Treasury Secretary Scott Bessent elaborated further on the president’s goal. “[W]e are going to collapse this regime,” he said on Thursday in an interview with CNBC.

Victoria Coates, Vice President of Heritage’s Kathryn and Shelby Cullom Davis Institute for National Security and Foreign Policy at the Heritage Foundation, told Just the News that the president’s self-described “Economic D-Day” strategy began to take shape in April, when he first imposed a naval blockade on Iran’s ports and in the Strait of Hormuz, seeking to strip Iran of smuggled oil revenues it was using to fund its fight against the U.S. military.

“There was a major shift in April when the president decided, you know what, we’re going to blockade them. We’re not going to let them hold us hostage over the Strait of Hormuz. We’re going to hold the Strait of Hormuz hostage. We’re going to see who comes in and out,” Victoria Coates told the Just the News, No Noise TV show. “And Iran wasn’t prepared for that. So, they were expecting they could still get out about 750,000 barrels [of oil] a day, they could still get in their critical imports, and that’s really important. Most people don’t appreciate this because Iran hasn’t invested anything in their own economy. They’re heavily dependent on imports. We cut all that off, and so slowly over the summer, … we’re just strangling them,” Coates said.

UAE cuts trade with Iran
The president’s latest announcement outlines a plan to go even further by targeting the countries that are supplying so-called lifelines to Iran. Just a day before the president’s announcement, the United Arab Emirates announced that it would suspend all trade and financial transactions with Iran after the regime allegedly fired a missile at the UAE. The United States has for weeks been encouraging the UAE, which is a close ally, to crack down on the Iranian finance networks in the country. Tehran has long used the UAE as a conduit for financial and trading networks designed to circumvent international sanctions.

“The big move […] by the UAE to cut them off from Dubai, from any kind of commerce with the international financial markets, is huge, and I think that’s just going to continue on, and nature will take its course,” Coates said.

Aside from being a major trade partner of Iran before the war, the UAE has served as an intermediary for Iranian exports and financial exchanges in the global market, to which Iran’s access has been heavily restricted under sanctions regimes. U.S. government sanctions on Iranian regime-linked targets frequently include individuals based in Dubai, the UAE’s largest city. For example, the U.S. sanctioned companies and individuals in the UAE for their roles in a petroleum smuggling network linked to the Yemen-based Iranian proxy group, the Houthis.

Widespread effects of “Economic D-Day”
In June, the U.S. Treasury Department unveiled sanctions on the personal banker of Iran’s new Supreme Leader Mojtaba Khamenei, targeting his network of assets abroad that benefit the country’s most senior leadership, Just the News previously reported. The banker, Ali Ansari, is an Iranian national who lives abroad in Dubai, where he has used his ties to the Iranian regime to embezzle government funds and amass “a global network of investment properties and financial holdings,” according to the U.S. government.

China, Iran’s largest trading partner, would also face actions from the United States if President Trump imposes his “Economic D-Day.” China has purchased the vast majority of Iranian oil for years, even while its exports are under international sanctions. Chinese banks and front companies help Iran with oil transactions to avoid the sanctions and operate ships in a shadow fleet to transport the sanctioned oil, according to the U.S.-China Economic and Security Review Commission. China has also sold Iran the technology and inputs required to construct its fleet of attack drones and missiles.

[US] Treasury Secretary Bessent on Thursday urged Beijing to “get with the program” and support the United States’ planned economic blockade. He cited China’s dependence on Middle East oil imports as a reason to get behind ending the conflict, indicating that the Chinese could face consequences if they continue to back Tehran. The issue of Beijing’s support for Iran during the war remains sensitive ahead of Chinese President Xi Jinping’s planned visit to the United States in September.

Read more …

” .. the Canadian position is based on lies, fraud and political denial. Canada is playing politics hoping to retain their one-sided benefits..”

Carney Talking A Lot, President Trump Remains Quiet (CTH)

Canadian Prime Minister Mark Carney is delivering speeches, holding press conferences and trying to justify his position following the collapse of negotiations between the USA and Canada. Meanwhile, President Trump and his trade team are intentionally quiet. In all high-stakes negotiations, deals and financial issues, the apex predators always know you make your point clearly and without reservation, you establish your terms and then you don’t say anything. Total silence. The first person to break the silence is the losing hand. Once your terms are established you stay quiet and then let the other party talk, talk, and talk themselves to yes. Silence is the power.


Mark Carney is telling everyone his position and trying to justify what has taken place. Mark Carney is in a very weak position on both structure and substance of the issues. [I wrote a lengthy explanation HERE] Within this segment Carney tries to explain what the USA requests were that Canada would not agree to. He notes the U.S. wanted strict control over Canada’s free trade agreements (FTAs) with other countries. What Carney fails to note is that this exists already, right now in the USMCA [Article 32:10 of the USMCA]. The U.S. has termination rights to both Canada and Mexico FTAs with other countries. This is an example of Carney gaslighting Canadians.

In reality, Canada wants unlimited and unrestricted access to the U.S. market as if they were a 51st state. However, Canada will not permit unlimited and unrestricted access to their market for U.S. companies. This, Carney says, compromises the sovereignty of Canada. WATCH:

I was confident the discussions would collapse because the Canadian position is based on lies, fraud and political denial. Canada is playing politics hoping to retain their one-sided benefits and outlast President Trump into the midterm election. Trump, however, has already executed the tariffs and the only thing remaining for him and Greer to do is trigger the six-month USMCA withdrawal.

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“According to the article, the pressure directed at Ottawa has not proven effective..”

The Atlantic doesn’t like Trump.

Trump Loses Trade War With Canada — The Atlantic (TASS)

US President Donald Trump is failing in the trade conflict with Canada as the threats and pressure directed at Ottawa have not proven effective, according to The Atlantic magazine. It said that although Canada’s economy is significantly smaller than that of the United States, its government is more rational and can protect national interests during the trade conflict. Canadian Prime Minister Mark Carney is more popular than Trump, and the Canadians have united around their distrust of Washington.


At the same time, the American public is facing a growing national debt, high interest rates, and an energy crisis. As The Atlantic points out, Trump’s inability to accept the fact that in wars not only strength but also endurance plays a role led to his defeat in the war with Iran and is the main reason for his loss in trade conflicts.

Trade Representative Jamieson Greer previously said that the Canadian government had rejected what Washington considered to be a beneficial deal with the US, and the US 50-percent customs duties on some Canadian goods came into effect on Saturday. Carney, in a widely circulated statement, confirmed that he had suspended the trade negotiations with the US. He said that Ottawa would impose retaliatory tariffs to protect workers and businesses from September 8.

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If they insist on being all wokey, Trump doesn’t want to give it to them. In that regard, Carney is just like Trudeau. A bunch of wokeys.

Trump: Canada Wants ‘Benefits’ of Being US State (BBC)

US President Donald Trump has said Canada wants “the benefits of being a State, without being one” after trade talks between the two countries collapsed late on Friday. In his first comments since negotiations broke down, triggering new 50% US tariffs on a range of Canadian goods, Trump also said American farmers had been charged “massive amounts of Tariffs” for years. It comes after Canadian Prime Minister Mark Carney called the fresh tariffs a “miscalculation” designed to “hurt and divide us”.


Carney confirmed he would match Trump’s tariffs “dollar-for-dollar” from 8 September, including levies on steel, dairy, appliances and electronics. The US and Canada are now in a trade “war”, he said. “They asked too much and they offered too little,” Carney said on Saturday. “You’re at war when you get attacked. We got attacked,” he added. Trump’s latest comments echo his repeated references to making Canada the “51st state” of America since returning to office, sparking frustration among its leaders and residents. The collapse of the trade talks upended a deeply integrated trading relationship, with no clear path to resolution.

“We cannot accept what they’ve offered, and we will not give what they’ve asked,” Carney said. Both countries were optimistic of a deal earlier in the week, but talks fell apart after both sides accused the other of making last-minute changes. The new 50% US tariffs will apply to a range of Canadian goods, in addition to existing US tariffs on Canadian steel, aluminium, automobiles and lumber. They are limited in scope, covering about $20bn (£15bn; C$28bn) of Canadian imports, or about 5% in total, including wine, dairy, cement, clothing and hockey equipment.


Carney faces crucial test after walking away from Trump’s deal
The prime minister said Canada was retaliating “reluctantly” to protect its interests. Details of the counter-measures will be released in the coming days, he said. Leaders of other federal parties in Canada, including the Conservative opposition, voiced support for the prime minister, as have the leaders of some Canadian provinces. Tariffs – a tax placed on imports from other countries – have been a key component of Trump’s trade policy, with the US president arguing they will boost American manufacturing and create jobs at home. Critics, however, say tariffs have raised prices for American consumers and have disrupted and damaged the global economy.

Carney’s speech on Saturday was his first address to Canadians after he announced late on Friday night that a deal would not be reached, accusing the Americans of making “last-minute changes” that were “unfair” and “uneconomic”. US negotiators, meanwhile, accused Canada of making “new demands and walk backs” on terms which had been previously agreed. On Saturday, US trade representative Jamieson Greer told Fox News there were no plans to resume talks. He added that the US had been prepared to cut some of its tariffs on Canada as part of the ill-fated deal.

Carney, however, said the US presented “unacceptable” terms that were too restrictive, including curbing Canada’s ability to strike new trade deals with other countries. He also rejected the assertion that Canada had made last-minute requests: “We clarified what was on offer and were continually disappointed by the answers.” Doug Ford, the leader of Canada’s most populous province Ontario, backed Carney and said Trump “can’t be trusted”. British Columbia Premier David Eby said the US demand for restrictions on Canada’s ability to have other trade deals “would reduce us to the economic equivalent of the 51st state”.

“It was never acceptable to Canadians,” Eby said. The Conservative opposition leader Pierre Poilievre also appeared to support Carney, calling the latest US levies “unjustified”. Quebec’s premier, Christine Fréchette, warned jobs would likely be lost as a result of the new US tariffs. “Behind these numbers are real people,” she said, vowing to introduce measures to support impacted sectors. Alberta Premier Danielle Smith, whose oil-rich province has worked to make inroads with the Trump administration, urged both sides to resume talks. The collapse comes after more than a year of on-again, off-again trade talks, which intensified in recent weeks after a US-imposed deadline to strike a deal or face further tariffs.

The two countries were also engaged in a mandatory review of an existing North American free trade agreement, known as USMCA, with Mexico. The pact was signed by Trump during his first term to replace the 1994 North American Free Trade Agreement. It underpins $1.6tn (£1.2tn) in annual trilateral trade across Canada, the US and Mexico. Earlier this summer, Canada and Mexico had formally requested for USMCA to be renewed for another 16 years. The US, however, declined to renew it in its current form. Asked how Friday’s trade talk collapse would impact the North American free trade pact, Carney said it was “certainly not good news”.

Read more …

Musk chose the side of the nazis. That does not feel good.

Zelensky Has ‘Questions To Answer’ – Fedorov (BBC)

Ukrainian President Volodymyr Zelensky has “questions to answer” about corruption in his government, his sacked defence minister Mykhailo Fedorov has told the BBC. Fedorov, a popular minister who modernised the armed forces and pioneered drone warfare, was fired last month after reportedly falling out with the head of Ukraine’s armed forces. He told the BBC a money laundering investigation announced last week raised questions about Zelensky’s awareness of potential corruption in his inner circle.


Fedorov also reiterated that “democracy should not be the hostage of Putin” – but stopped short of declaring his own political ambitions days after he posted a video calling for elections in Ukraine. There were angry protests over his sacking but his support dwindled and demonstrations ended on Wednesday, after Fedorov’s replacement was confirmed. His call for a wartime vote has been largely rejected. Asked whether he missed his old job, the 35-year-old replied “No”, citing the relentless stress of managing Ukraine’s war with Russia while transforming its defence ministry.

Ukraine has been under martial law since Russia’s full-scale invasion in 2022, meaning elections are suspended. But Fedorov said it was his “moral right” to start the conversation about elections. “We should not be afraid of discussing it. That’s what democracy is all about. If I cannot share my ideas and be open about them with my own society, then what are we fighting for?” If elections were never held, he said, “then we are no longer a democracy”. In his earlier video statement Fedorov had argued that “people cannot endlessly live in a state where they do not understand why certain decisions are made”.

He shied away from criticising the president directly and declined to answer whether he backs Zelensky to win any election. Zelensky said he believed wartime elections would currently be too dangerous for Ukraine in remarks released on Sunday. “I believe that in a war like this, elections as such are a huge risk,” he said. “Elections right now are a tsunami for the country that will split Ukraine.” Experts have cited a number of obstacles to holding such a vote, including how soldiers, millions of Ukrainian refugees and people from occupied territories would vote, as well as disinformation threats from Russia.

Fedorov’s video highlighting political corruption last week came the day before a money laundering investigation was announced into lawmakers and bankers. Ukraine’s anti-corruption bureau said it had uncovered a scheme to misappropriate more than $3m (£2.2m) in Ukrainian currency to pay bail for a former energy minister accused of money laundering. A senior official in Zelensky’s office, alleged to be involved, was sacked. Fedorov said the case raised questions about the president’s awareness of potential corruption in his inner circle.

“Let him answer this question… I believe that he’s ready for such questions. It’s his responsibility to tell us all whether he was aware of all that or not… I don’t want to make any assumptions.” A spokesperson for the president had earlier told BBC News: “Since the former minister was part of every government since 2019, it’s strange that he phrases it as though these were somehow different governments without him. As everyone remembers, we didn’t hear any strong statements from him back then.”

Fedorov claimed he had rooted out elements of corruption from defence procurement but warned it was still affecting Ukraine’s frontline capacity. The former minister said he’d had no contact with the president for “a couple of weeks”, and had no evidence the president was personally corrupt. “In all the time that I worked with him, not a single time have I received from him any task or assignment that would go against law or my sense of integrity. So that’s my personal experience with him.”

As defence minister and previously digital transformation minister, Fedorov is credited with innovating to replace soldiers with an “army of drones”, saving lives on the battlefield and enabling long-range Ukrainian strikes on Russian military targets, oil refineries and distribution warehouses – thousands of kilometres over the border. He said he would continue to promote new ways to fight the war and confirmed a visit to the United States in the coming weeks, where he hopes to meet Elon Musk.

The billionaire businessman’s Starlink satellite communications system has been key in Ukraine’s success. Fedorov aims to convince Musk to extend the technology into Russian airspace to assist Ukrainian strikes, without the Kremlin benefiting from access. “The best tech companies in the world are supporting us and they will be investing in our victory, in ending this war. And we need to stay in touch with them regardless of my position. I have a previous successful track record of working with them and I need to stay in touch with them for my country,” he said.

Fedorov criticised bureaucracy in the UK and other countries supporting Ukraine for delays in supplying weapons. The UK is a longstanding supporter of Ukraine, spending £16bn supplying weapons since the war began. It was confirmed last week that British-made drones have been used to attack Russian targets. Fedorov said he was grateful for British support but blamed “bureaucracy and red tape” for delays in receiving promised equipment. “Governments are lagging behind the realities on the ground. It’s not only the issue for UK, but for other countries as well that announce some assistance and we are not getting it until the end of the year.”

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“Kiev “let the genie out of the bottle” by striking economic infrastructure, and is now reaping the retaliation, the Russian president has said..”

Putin Hints At ‘Catastrophic Scenario’ For Ukraine (RT)

Ukraine is facing a “catastrophic scenario” from Russian retaliatory strikes after it “opened Pandora’s box” with its attacks on economic and civilian infrastructure, President Vladimir Putin said on Saturday. In spring, Kiev sharply escalated its long-range drone attacks on Russia’s oil and gas infrastructure, thereafter extending the strikes to e-commerce warehouses and civilian logistics facilities. Russia retaliated by targeting Black Sea shipping and key port facilities it said were handling Ukraine’s military-related imports, effectively severing the country’s main export route.


Kiev is now reaching out through intermediaries to try to “prevent this situation from developing into a catastrophic scenario,” Putin said in an interview with Russia 1. However, their trajectory is apparent, he added. Ukraine initiated this with its “massive missile and drone strikes on our civilian targets and logistics,” the president stated. It has opened Pandora’s box itself. Russia’s retaliation struck Ukraine’s “most sensitive economic sectors,” including agricultural exports, which are its main source of revenue, Putin said.

He added that the diplomatic proposals Moscow is now receiving are sometimes “exotic and unacceptable.” We are always ready for dialogue on peace, but only on the basis of the realities unfolding on the ground. Moscow has long stressed that it prefers a diplomatic settlement to the Ukraine conflict, but will only accept a long-term and stable peace that removes its underlying causes. Russia will continue to push toward its goals via military means as long as Kiev refuses to compromise, the Kremlin has said.

Read more …

“Run that equation long enough, and you don’t get a bigger tent. You get an empty one.”

Gutfeld Delivers an Epic Takedown of the Democrats’ Big Tent Myth (Margolis)

Greg Gutfeld laid out a simple equation on Friday’s The Five that the Democrat Party is turning a blind eye to: welcoming radicals in gains you a handful of true believers, but it costs you a much larger group of people who just wanted a normal party to vote for. Run that equation long enough, and you don’t get a bigger tent. You get an empty one.


Gutfeld built the case by looking back at what actually worked for Donald Trump. “He had a lot of weird and odd people who backed him, and we called it a pirate ship,” Gutfeld said. “Because even though everybody was different, they all rode in the same direction.” Democrats, he argued, have the opposite problem. “They aren’t rowing in the same direction at all because they don’t have ideas. They just have identities.” That distinction is the whole ballgame. A coalition built around ideas can absorb a lot of different personalities and still move forward together. A coalition built around identity groups eventually runs out of room, because every new identity welcomed in has to be balanced against the people who feel replaced by it.

Gutfeld walked through the actual arithmetic. “You got a small group of super far-left fanatics who want to tear down everything, but there’s a much bigger group of regular Democrats who don’t,” he said. “So if you welcome the radicals into your tent, some will join, but then some normies, they’re going to leave.” The net change, as he put it, is the radicals who join minus the normies who leave, and normies vastly outnumber radicals. “Even a small percentage who leave, the party’s going to end up smaller,” he said. “And it will end up smaller. Trust me.”

“It’s like somebody deciding to add Ex-Lax to the office candy bowl,” he said. “Pretty soon, everybody’s going to start bringing their own snacks from home.” A key example, of course, is women’s sports, where fair competition based on biological sex gave way to policies that pushed female athletes out. He also mentioned churches that traded tradition for far-left positions and watched membership dwindle as a result, all while traditional congregations grew. The pattern holds because mainstream institutions survive on boundaries. Erase the boundaries to please the fringe, and the mainstream stops showing up.

Nobody has proven that point better than the Democrat Party’s own leadership. Party leaders have spent the past few months dismissing concerns about the rise of socialists inside their coalition, arguing that it is evidence the party is big enough for everybody. At the same time, plenty of the same leaders have spent those months working to sideline Sen. John Fetterman (D-Pa.), a man who votes with his own party 95% of the time. His real offense was refusing to fall in line on Israel, Iran, the border, and socialism, the handful of issues on which the activist wing has decided disagreement is disqualifying.

“The Big Tent pretends to be this enrichment when it’s actually an erosion,” Gutfeld added. “The inclusion benefits only the outliers, but in the end, it destroys the institutions.”

The worst part is that the signs that this a problem for their party have been there, but Democrat leaders just refuse to acknowledge them.

Read more …

Pro-Muslim is anti-semitic.

Bill Maher Admits Democrat Party Is Antisemitic (Matt Margolis)

On Saturday’s episode of HBO’s Real Time with Bill Maher, the host said the quiet part out loud about his own party’s relationship with Judaism. The exchange came after CNN anchor Dana Bash raised the case of Texas Democrat James Talarico, whose outspoken “Christianity,” she noted, means he “wears his faith on his sleeve” in a way Talarico believes could help him politically. Maher wasn’t buying the idea that all faith gets an equally warm welcome in the Democrat Party.


“Well, in the Democratic Party, as long as that faith isn’t Jewish, you’re good,” Maher said. Bash, clearly caught off guard, replied, “Well, you said it.” Maher wasn’t backing down. “Yeah, I said it because it’s true!” he shot back.

He’s right. As far as I’m concerned, when a lifelong liberal like Maher admits that the Democrat Party’s tolerance for public faith excludes Jews, that tells you how big the problem really is. What Maher admitted here is something Republicans have been calling out for years.And we got the receipts.According to Pew Research Center polling, 80% of Democrats and Democratic-leaning independents now hold an unfavorable view of Israel, up sharply from 53% in 2022. Compare that to Republicans, of whom only 41% hold a negative view of Israel and 58% hold a positive one.

That gap didn’t exist a few years ago, and it opened up almost entirely on one side of the aisle. The Democrat Party didn’t get here by accident. And the fallout is impossible to ignore. It gave an audience to antisemitic influencers like Hasan Piker, and voted for Michigan Senate candidate Abdul El-Sayed and New York City Mayor Zohran Mamdani, both of whom built political careers on anti-Israel rhetoric. This isn’t a fringe problem. This is the base.

Sam Markstein, national political director and spokesman for the Republican Jewish Coalition, told Fox News Digital on Saturday that Maher got it right. “It’s a rare occasion when we agree with Bill Maher, but he’s right: there is only one party where American Jews can be proudly Jewish and loudly pro-Israel, and it’s the Republican Party,” Markstein said. “Democrats prove it again and again — from Kamala Harris passing over Josh Shapiro in 2024 to the rise of communist elected officials who traffic in antisemitism in halls of power across the country.” He didn’t stop there. “The Democratic Party is being remade by its radicalized base, and party leadership continues to fecklessly whistle past the political graveyard as American Jews flee,” Markstein said.

As far as I’m concerned, there’s a clear period when this shift began. Barack Obama’s eight years in office normalized antisemitism and anti-Israel sentiment inside his own party, and that shouldn’t surprise anyone who remembers his background. Before he ever ran for president, Obama spent 20 years in the pews of Jeremiah Wright’s congregation, absorbing anti-American and antisemitic rhetoric that became a real liability in 2008. He only quit the church once the cameras got too close. He never actually changed course, and his antisemitic record speaks for itself. This problem continued under Joe Biden. Essentially, Obama built the road, and Biden paved over it.

The results speak for themselves. A 2025 Gallup poll found American sympathy for Israel has collapsed to a 25-year low of 46%, while support for the Palestinians has climbed to 33%. Democrats now favor Palestinians over Israelis by a 59%-21% margin. They hold that position even though Hamas terrorists killed 1,200 Israelis on Oct. 7, including babies and Holocaust survivors, raped and tortured civilians, and took roughly 250 hostages.

The Democrat Party can keep pretending it’s still the party of religious tolerance and Jewish support. Even Bill Maher isn’t buying it anymore.

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Not exactly the best of America.

Hasan Piker Mocks the Murdered Charlie Kirk to Cheering Crowd (Turley)

We have seen protesters on the left around the country mocking the assassination of Charlie Kirk, even reenacting his murder. Hate traffickers like Jennifer Welch have even justified his assassination. It is all shocking and depressing, but none reached the level of Hasan Piker leading a huge crowd in mocking Kirk and his faith. Before he was murdered, Kirk debated Piker and called him a “socialist hypocrite.” What is shocking is not the utter depravity and cruelty of Piker, but the ecstasy of the crowd in relishing the death of someone with opposing views. It is part of the conditioning in what I have previously called an “age of rage.”


In the video, Piker leads the crowd in the meme song “We Are Charlie Kirk” at a stop of his “Fear& LIVE” tour, including such lines as “We are Charlie Kirk, we carry the flame. We’ll fight for the Gospel, we’ll honor his name.” His co-hosts and the crowd seem to be laughing with joy. Joining him at this hatefest at the Golden Gate Theatre in San Francisco on August 21 were reportedly Will Neff, QTCinderella, and AustinShow. Hasan is wearing his now-signature Mao jacket as the young crowd and his co-hosts laugh hysterically. It is the very essence of this movement to desensitize people, particularly young people, to violence and hate.

In Rage and the Republic, I wrote about this national ragefest. It allows people to hate completely and without thought to the humanity of those being hurt. What people will not admit is that they like it. Rage is addictive, and it is contagious. Just look at the crowd in San Francisco, and you will see the addictive quality of uncut, undiluted hate:

Piker, Will Neff, QTCinderella, AustinShow, and these fans have every right to spread hate. It is protected speech just as KKK and neo-Nazi groups are allowed to promulgate their own hateful values.

What is exasperating is how hatemongers on the left want to enjoy hate speech while accusing others of hate and intolerance. They do so by excusing their actions or views by demonizing those who disagree. Democratic leaders continue the false claim that democracy is dying in America and that this may be our last free election. While made over multiple elections, the claim of the imminent death of democracy (unless they are elected) does not appear to register with their supporters.

Recently the rhetoric has reached hysterical levels. Florida Democratic Senate candidate Angie Nixon has compared Immigration and Customs Enforcement agents to “modern-day slave catchers” and the government is “literally trying to kill us.” It is a narrative that allows you to speak like a Nazi while claiming to be fighting Nazis. Piker thrilled the crowd by mocking a murdered man over his faith and his death. It is more than being simply classless. It is commodifying rage. Piker is reportedly raking in a fortune as are other hatemongers like Jennifer Welch. They traffic in rage to a nation of rage addicts.

It is a scene that only reaffirms the work of Kirk who sought to expose the hate and intolerance of the left, particularly on our campuses. Kirk infuriated many by challenging them to debate. There is no room for reason in an age of rage. Those who try to introduce opposing views on campuses are cancelled or attacked. Recently, a group of pro-life teenagers were kicked out of the Wydaho Roasters coffee shop in Idaho by an owner who found their presence intolerable. At universities, faculty members have attacked displays and even students in righteous rage.

One professor who pleaded guilty to assaulting pro-life students was not only attained on the faculty but even honored by another school.Civility, and even humanity, become signs of weakness in these times. They gravitate to figures like Abdul El-Sayed who has campaigned with Piker and promises to “choke out” Republicans and refers to moderates like Pennsylvania Sen. John Fetterman (D) as ogres to have their heads cut off and put on pikes.

The American left has found their berserkers, the old Norse warriors who were known to fight in a virtual violent trance. The new berserkers offer the chance to hate completely and without remorse or reflection. Over time, supporters are conditioned to disregard even the murder of those with opposing views. As shown in San Francisco, assassination becomes nothing more than a sing-a-long in an age of rage.

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“The clash over sanctions on judges reveals a fading order in which neither moral monopoly nor financial coercion can claim legitimacy ..”

Constantin von Hoffmeister, a political and cultural commentator from Germany, author of the book The Fate of White America and director of Multipolar Press

The New World Won’t Be Ruled By The ICC’s Bias (von Hoffmeister)

Washington’s clash with the International Criminal Court exposes the contradictions between supranational legal claims, American exceptionalism, and the rise of multipolar sovereignty.


The latest clash between Washington and the International Criminal Court says more about the structure of the present world order than about Tomoko Akane or Abdoulaye Seye. On August 18, 2026, the United States imposed sanctions on Akane, the Japanese president of the ICC, and Seye, a Senegalese senior trial lawyer in the Office of the Prosecutor. The measures freeze assets subject to American jurisdiction and restrict access to the American financial system. The ICC answered by calling the sanctions a “flagrant attack” on the independence of the court. Nine of its 18 judges, both deputy prosecutors, a former prosecutor, and another staff member now face American sanctions.

Washington says the court has exceeded its mandate by pursuing officials from states that never accepted its authority, above all the US and Israel. This dispute raises the oldest political question in a new form: who has the right to judge whom? The liberal international order promised an answer based on universal law. The American response supplies another answer based on sovereign power. A multipolar view has reason to distrust both claims when either seeks authority over civilizations and states that never freely granted it.

The American position contains a genuine question of sovereignty, even when Washington applies that principle selectively. The US never became a party to the Rome Statute. Israel also remains outside the court. From the American perspective, an international tribunal created by a treaty cannot simply acquire authority over American soldiers, officials, or allied leaders without American consent. The ICC answers that its jurisdiction can arise through the territory on which alleged crimes occurred, including territory belonging to states that accepted the Rome Statute. This is the legal basis behind some proceedings involving nationals of countries outside the court.

Lawyers can argue over jurisdiction, territorial consent, complementarity, admissibility, and treaty interpretation, but that us beside the point of the political issue in question here. A multipolar order begins from the existence of several sovereign centers of power, each possessing its own history, institutions, political traditions, and conception of justice. Any institution claiming authority above these centers carries an immense burden of legitimacy.

A tribunal with universal ambitions must either possess genuine universal consent or depend upon political power to enforce its judgments. The ICC possesses neither a world state behind it nor universal membership. The US, China, Russia, India, Israel, and several other important powers stand outside its system. Such a court can aspire to universality, yet aspiration alone cannot create a universal political community.

Yet Washington weakens its own argument whenever it converts sovereignty into a privilege reserved for itself and its allies. Sovereign equality means that American sovereignty deserves respect because every sovereign state deserves respect. American exceptionalism follows another principle: Washington claims freedoms that it frequently refuses to extend to others. The US objects when an institution beyond its control threatens American officials, while successive American governments have used sanctions, financial restrictions, diplomatic pressure, military power, and extraterritorial legislation to pressure individuals and companies far beyond American territory into complying with American policy.

Washington rejects the ICC because the court supposedly projects authority beyond the consent of sovereign states; Washington then answers that alleged violation by using the global reach of the dollar and the American financial system against foreign judges and prosecutors. Sovereignty becomes both the defense and the weapon. An international institution may pursue justice until its work touches the protected sphere of American power. At that point, financial coercion begins. For advocates of multipolarity, this episode illustrates why the concentration of global finance, sanctions power, communications infrastructure, and legal influence inside one geopolitical center creates political dependence even for institutions that describe themselves as independent.

The ICC itself deserves scrutiny from the same multipolar standpoint. The answer to American domination cannot consist of transferring ultimate authority from Washington to The Hague. The court arose during the high tide of the post-Cold War order, when Western political ideas increasingly appeared under universal names. Liberal democracy became “democracy.” Western doctrines of rights became “human rights.” Western political assumptions became “international norms.” Institutions created within that historical climate often inherited the same universal language. The moral appeal is easy to understand. Genocide, mass killing, torture, and deliberate attacks upon civilians are terrible acts, and societies naturally seek ways to punish those responsible.

The difficulty begins when moral judgment becomes a permanent supranational machinery claiming jurisdiction across radically different political worlds. International criminal law then enters the sphere of geopolitics. Prosecutors depend upon evidence supplied by states. Courts depend upon governments to arrest suspects. International bodies depend upon funding, diplomatic backing, banking systems, travel access, and political cooperation. Enforcement follows the distribution of power. A defendant from a weak state may find himself in The Hague. A leader protected by a great power may remain beyond its reach. The language remains universal while the ability to enforce it remains unequal. That gap between universal principle and political reality has haunted international justice from its beginning.

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https://twitter.com/17QStorm/status/2091133294159303085?s=20 https://twitter.com/dave_aldrine/status/2091202610808103090?s=20 https://twitter.com/DOGEQEEN/status/2091303969649775013?s=20 https://twitter.com/joehansen/status/2091204488853954683?s=20 https://twitter.com/JeebsTX/status/2091045886847586589?s=20

 

 

 

 

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Aug 102024
 


Vincent van Gogh Café, le soir, Arles 1888

 

The American Police State Has Murdered the Constitution (Paul Craig Roberts)
‘Free Speech Is An Illusion In The US’ – Tara Reade (RT)
Special Counsel Jack Smith is No Longer in a Hurry (Turley)
Harris’s Big Gift To Trump… If He Uses It (Victor Davis Hanson)
US Hypocrisy on Full Display In Dubious FARA Claims Against Scott Ritter (Sp.)
Maduro Bans X (RT)
Serbian President Says He Received Coup Warning From Russia (RT)
Pentagon Refuses To Rule Out Strikes On Moscow (ZH)
Kiev Regime’s Terrorism Shows Russia Must Go All The Way (SCF)
Putin Relies on Reason which the West Has Abandoned (Paul Craig Roberts)
Mexico Responds To Ukraine’s Request To Arrest Putin (RT)
Australia Being Turned Into ‘51st US state’ – ex-PM Keating (RT)
Third Year of Record Coral Increase on the Great Barrier Reef (DS)

 

 

 

 

Walz Pelosi

 

 

New president
https://twitter.com/i/status/1821962041646596216

 

 

Trump=energy
https://twitter.com/i/status/1821717762890186925

 

 

Macgregor
https://twitter.com/i/status/1821987048129229051

 

 

 

 

“I have already noticed that alternative news websites are pulling in their horns. Soon we will know nothing.”

The American Police State Has Murdered the Constitution (Paul Craig Roberts)

An American, even a former US Marine and UN weapons inspector, who takes issue with official explanations dear to Washington’s heart, will be accused, as Scott Ritter is, of manipulating the American public “on behalf of the Russian government.” In other words free speech, especially if it is true, is now effectively criminalized despite its Constitutional protection. For many years it has been impossible for many truths to be stated in the print and TV media. The official stories of 9/11, “Covid pandemic,” “Covid vaccine,” Washington’s invasions of Afghanistan and the Middle East, immigration, Israel’s takeover of Palestine, the conflict in Ukraine and others are off limits to skepticism. The alternative Internet media is the only source of information, and now it is being closed down by police state intimidation of Tulsi Gabbard and Scott Ritter and by the destruction of the website Vdare.

The assaults on Donald Trump shows us that not even a President in office is secure from fantastic police state charges. Try to imagine what it means that a New York state judge has set a September date for sentencing the Republican nominee for President seven weeks before the election. Here is real election interference, whereas Trump is being sentenced for interfering in an election by allegedly misreporting a business expense. That such total nonsense can occur in an American court with complicity of an American jury proves that the rule of law is dead and buried in America. Now it has gone beyond the law. It is the Constitution itself that is brushed aside in Washington’s fanatical determination to protect its lies. I have already noticed that alternative news websites are pulling in their horns. Soon we will know nothing.

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“We have the illusion of free speech. We have that illusion of a right to travel. But in reality, it is only allowed if we say what the US wants people to say, otherwise you are at risk..”

‘Free Speech Is An Illusion In The US’ – Tara Reade (RT)

You’re only free to speak your mind in the US if you are saying what the authorities want you to say, RT contributor and former aide to Joe Biden, Tara Reade, has claimed. Reade appeared live on RT on Thursday to comment on the search carried out by federal agents and state police at the home of former US Marine and UN weapons inspector Scott Ritter in New York state on Wednesday. She and Ritter, who is now a journalist, had both been invited to speak at the 27th St. Petersburg International Economic Forum (SPIEF) in June, but “unfortunately the federal agents took him off the plane and confiscated his passport,” Reade recalled. She said Ritter’s passport was never returned to him by the US authorities. “Usually, that indicates that someone is under investigation because they take away your passport,” she said.

The government in Washington has been “going after Scott Ritter for years” since “he spoke out against the war in Iraq and revealed that… the US government lied about the weapons of mass destruction,” the former Biden aide claimed. The persecution of the journalist and commentator – whose views on the conflict between Russia and Ukraine, as well as Israel’s war in Gaza, contrast sharply with those of the White House – is “just a pattern of what you are seeing in the US, which is the surveillance state and authoritative government,” she argued. “We have the illusion of free speech. We have that illusion of a right to travel. But in reality, it is only allowed if we say what the US wants people to say, otherwise you are at risk,” Reade said. She also suggested that, since Kamala Harris replaced Joe Biden as the Democratic presidential candidate last month, the party is “going back to the old Russiagate hysteria.”

Ritter, who is also an RT contributor, described the search of his property as an “act of intimidation” against him. The authorities appear to be “primarily concerned” about his “relationship” with RT and the news agency Sputnik, the journalist said in a video message on Telegram on Thursday. The 61-year-old revealed that FBI agents blamed him for working “on behalf of the Russian government” to manipulate the opinions of the American public. Ritter rejected those accusations as “absurd in the extreme.” He insisted that he was “doing nothing wrong,” and was just “an American citizen, holding my government accountable and exercising the rights given to me by the Constitution.”

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“..a neck-breaking change of direction..”

Special Counsel Jack Smith is No Longer in a Hurry (Turley)

For over a year, Special Counsel Jack Smith has made one element the overriding priority in his prosecution of former president Donald Trump: speed. Smith repeatedly moved to curtail Trump’s appellate rights and demand expedited appeals to try to secure a conviction before the election. In that effort, he found an equally motivated judge in U.S. District Judge Tanya S. Chutkan, who virtually turned her court into a rocket docket to try Trump. Now, in a neck-breaking change of direction, Smith is trying to slow down Chutkan who appears again ready to pull out the stops in this case. After the mandate in the case was returned to her, Judge Chutkan immediately resumed her high-speed scheduling to look at the pre-trial issues after the Court reversed her earlier rulings on the basis of presidential immunity. The past problem with a court making speed the priority is that it does not allow much time to create a record.

The remand will now require Judge Chutkan to do so on the question of what charges and evidence may be barred under the ruling in Trump v. United States. As it has in the past, the Court adopted a three-tiered approach to presidential powers based on the source of a presidential action. Chief Justice John Roberts cited Youngstown Sheet and Tube Co. v. Sawyer, in which the court ruled against President Harry Truman’s takeover of steel mills. In his famous concurrence to Youngstown, Justice Robert Jackson broke down the balance of executive and legislative authority between three types of actions. In the first, a president acts with express or implied authority from Congress. In the second, he acts where Congress is silent (“the zone of twilight” area). In the third, the president acts in defiance of Congress.

In this decision, the Court adopted a similar sliding scale. It held that presidents enjoy absolute immunity for actions that fall within their “exclusive sphere of constitutional authority” while they enjoy presumptive immunity for other official acts. They do not enjoy immunity for unofficial or private actions. Only hours after receiving the mandate, Judge Chutkin scheduled an Aug. 16 conference to lay out the schedule and issues going forward. The former version of Jack Smith would have been delighted. He did not even see the need for the right for an en banc appeal in previously pushing for a pre-election trial. Now, however, Smith is telling Judge Chutkin to slow down already. Smith told the court that “The Government continues to assess the new precedent set forth last month in the Supreme Court’s decision in Trump v. United States. Although those consultations are well underway, the Government has not finalized its position on the most appropriate schedule for the parties to brief issues related to the decision.”

He has asked for a three-week delay to further consider what he wants to do. It is not clear if the press and pundits will now charge Smith with “slow walking” the case. The question is whether Smith is considering a drastic move in light of the calendar and the ruling. There is, of course, always the possibility that he either throws in the towel or opts for a post-election trial. That would certainly go against the grain of Smith, who has always pushed both the law and the calendar to the breaking point. However, as some of us have been arguing for months, he may no longer view a trial as a plausible objective. There is also the possibility that Smith will do something that some of us have discussed over the last year: pare down his case. Smith has always been undone by his appetite. As shown in his 8-0 reversal in his conviction of former Virginia Governor Bob McDonnell, Smith has rarely shown moderation as a prosecutor.

His overloaded criminal complaints created this disaster for his team. In Florida, Smith unwisely loaded up the prosecution with controversial charges on the retention of classified material. It not only triggered difficult challenges but slowed the case to a crawl as the parties dealt with classification laws. Had he proceeded solely on obstruction charges, he might have secured his trial before the election (and before the recent ruling on immunity). Even if the reduced case was heard by the Court on immunity, an obstruction case would have been far stronger for Smith.

The same is true with the D.C. case. Smith loaded up the case to raise the January 6th speech and other issues. Most were unnecessary, but Smith used his press conference to denounce the January 6th riot. A three-week delay will give Smith ample time (in addition to the weeks following the Supreme Court decision) to deliberate. However, it will take roughly a month off the calendar for just internal debate with the election only three months away. So, even with a judge who appears chomping at the bit to resume the fast track to trial, Smith now wants more time. Even before this request, it was hard to see how a trial could be held before the election. Now it seems a virtual certainty that any trial will have to await the results of the election. As I wrote in 2023, the odds were against a federal trial before the election, which would convert the voters into the largest jury in history.

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“..was Harris terrified of leftwing threats from her base that a Shapiro pick would guarantee her 1968-like riots at her Chicago convention?”

Harris’s Big Gift To Trump… If He Uses It (Victor Davis Hanson)

Harris’s selection of Walz at least reveals the left’s full-bore agenda, something that previously her handlers seemed at pains to hide: an overt doubling down on the Biden neo-socialist record that will require a far more vigorous stealth 90-day campaign to camouflage the hard-left record of both Harris and Walz. Minnesota under Walz became merely a smaller version of Gavin Newsom’s California – shameless woke pandering, wars against fossil fuels, fiscal nihilism, thousands fleeing the state, high crime, high taxes, poor services, sanctuary city/pro-illegal alien activism, eroding downtowns of once majestic cities, loud-in-your-face, attack-dog denials of reality, a two-tier state legal system, tolerance of BLM/Antifa/Hamas street violence, and on and on. So Walz is a force multiplier of Harris’s vulnerabilities.

His selection (was Harris terrified of leftwing threats from her base that a Shapiro pick would guarantee her 1968-like riots at her Chicago convention?) did not just reveal the now overt anti-Semitic, anti-Israel nature of the Democratic Party (Shapiro would have likely ensured Pennsylvania’s electoral votes). Her pick also reveals the confidence that the Left has in winning what will be the most flagrant, bait-and-switch 90-day campaign in presidential history. So, the real Harris-Walz campaign messaging will be: ‘In 2024 we have to lie and mislead you about who we are and what we did, so that in 2025 we can govern you in ways you will not like.’ What are the challenges for this weirdest of tickets? Harris, in Biden-fashion, cannot finish a coherent thought. So again, like Biden in 2020, she will retreat and outsource her campaign to the media, while counting on outspending Trump 3-1, and radiating feigned moderation.

She is taking heat for neither yet meeting with a real journalist nor speaking impromptu. But in her defense, to do either might at any opportune moment collapse her stealth campaign, given that to listen to her for 60 seconds off script is to prefer her to remain silent and hidden. And she has confidence in absentia that a bankrupt media will praise her nonexistent elegance, fluency, and articulateness. Walz will customarily serve as a designated hit man for Harris. But he is just as much a liability— a shoot-from-the-hip blowhard, while owning an even more embarrassing leftwing record than Harris. And he is even less discreet. This week Walz introduced himself to the nation as a VP candidate by smearing J.D. Vance with the brazen “couch” lie. And then while foolishly beaming, he doubled-down on his crude slur (“See what I did there?”).

So, he even outdid Harris who had recently called Trump a “predator”—just days before it was disclosed that her married husband earlier had once impregnated his own children’s young nanny and tutor and had never disclosed what followed from his predation. Both will either ignore or lie about their joint opposition to fracking and pipelines; their disgraceful pro-BLM/Antifa advocacy during the lethal and destructive 2020 looting and rioting; their support for open borders and illegal immigration; their woke pandering; and their generic leftwing promotion of the usual high taxes, big government, poor services, and ‘who cares if they flee my state’ arrogance.

The Harris-Walz ticket will also collapse if, horribile dictu, the prior Biden-Harris appeasement of Iran, distancing from Israel, weakening of the military, and loss of deterrence in the next 90 days leads to theater-wide wars on the Ukrainian borderlands or in the Middle East and/or to a recession due to cumulative inflation, high interest, stagnant wages and anemic citizen employment, and unsustainable national debt service.In sum, Trump is very much even in the race. He was given a rare gift by the shunning of Josh Shapiro as Harris’s running mate. That leftwing blunder could energize the Trump campaign—if again he sticks to warning the country of who these two are, what they have done, how they are hiding their real agendas, what they will do if elected, and how they differ from his own presidential record and future agenda. Nothing else matters.

And that means Trump should ignore the now inert and evaporating Biden, refrain from attacking any Republican, stop all recriminations about 2020, avoid race and DEI ambushes, and prep hard and in detail for as many debates as he can obtain. Trump should appear magnanimous and above the fray by compromising with Harris on the debates: one debate now by her rules on ABC, and one by his rules on Fox before early voting begins. Rarely have the Democrats so foolishly gone hard left. And when they did in 1972, 1980, and 1988, Republicans used to know how to use those gifts, expose them, and win landslides despite media and institutional bias. They can do it again, but only if they are as adroit, united, and disciplined as their predecessors once were.

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“..The Wednesday raid also came the same week court documents revealed Hunter Biden took in million from Romanian businessman Gabriel Popoviciu..”

US Hypocrisy on Full Display In Dubious FARA Claims Against Scott Ritter (Sp.)

Under the orders of the US Justice Department, the home of former UN weapons inspector Scott Ritter was raided this week under allegations of violating the Foreign Agents Registration Act. More than two dozen boxes were pulled from his home, including an archive that backed Ritter’s allegations that there were never any WMDs in Iraq in 2003. The US’ latest effort to target Scott Ritter have fully put on display the government’s hypocrisy as it picks and chooses when to stay its hand and when to weaponize the Foreign Agents Registration Act (FARA) against Americans, US attorney John Jackman told Sputnik. The Wednesday raid took place at Ritter’s home in New York as investigators have sought to argue that the former weapons inspector’s journalistic work is being framed at the direction of the Russian government. However, the claims could not be further from the truth.

“FARA, kind of by its very nature, is enforced ambiguously, which leads to very unequal levels of enforcement and basically, you know, there’s potential for it to be weaponized against political speech that the United States, especially our foreign policy establishment, finds problematic,” Jackman told Radio Sputnik’s Fault Lines on Friday. Potential FARA offenders are flagged by the US government if they fall under certain specifications, such as an individual who is documented as having been directed at the sole discretion of a foreign principal. That said, there are exemptions that protect “bonafide” media services, which Jackman noted its exact definition is “somewhat ambiguous.” “I’m looking at the totality of those factors together and these accusations of him acting as a foreign agent and, just on its face, the claims are extremely dubious and uncredible in my view,” Jackman told hosts Jamarl Thomas and Melik Abdul.

“I think this comes down to where they can kind of find these ambiguities in foreign agent laws since it’s been enacted and then also sort of play upon some of the jingoism and fear that the government is really trying to stoke, especially toward Russia but also toward countries in the Middle East as well, which Scott Ritter has been sympathetic to.” Jackman, who also serves as the regular co-host of DD Geopolitics, contrasted the government’s accusations against Ritter to that of the relationship between the Israeli lobby in the US and Congress. “The hypocrisy is so profound,” he said. “The Israeli lobby being able to literally buy [congressional] seats, yet the United States treats all the deference that our media, that our politicians give to Israel, literally the exact propaganda lines that the Israeli government will say to justify, you know, the war and occupation going in Gaza, in the West Bank,” Jackman told Thomas.

“Yet, when it comes to talking about the interests of, you know, other countries or even the sovereign interests of the people in the United States, right, to make sure that our tax dollars are being used in an accountable way that’s going to the infrastructure of this country, rather than going to continue to fuel war and foreign aid in, you know, the tens and hundreds of billions of dollar to countries, like, Ukraine and Israel and Taiwan, for example. So, the hypocrisy to me is just very evident,” the attorney emphasized. The Wednesday raid also came the same week court documents revealed Hunter Biden took in million from Romanian businessman Gabriel Popoviciu in exchange for attempting to exert his influence on the US government during his father’s vice presidency. Additionally, former Trump adviser Kellyanne Conway registered as a foreign agent who would be lobbying on behalf of pro-Ukrainian interests.

Unlike in the Biden findings, where evidence shows an agent-principal relationship had been established between the two parties, that isn’t the case for Ritter. “This is one of the meaningful differences with Scott,” Jackman said “At every turn you know Scott is, what he’s talking about when it comes to his commentary on foreign policy and the work that he’s doing, for example, to organize this anti-war rally and draw attention to the specter of nuclear war has been done under his own volition,” he noted. “Due to his own, you know, freedom of thought and freedom of speech which actually, you know, is very tough to do in this country because it cuts against a lot of financial interests that he could potentially be taking advantage of, right?” “It would be a lot easier in this country, for example, to take advantage of a Ukrainian interest who’s willing to pay you to go on the airwaves and spout Ukrainian propaganda. It would be a lot easier to get that into the mainstream than it would to, you know, take the other side of it in this country, which requires just kind of by its very nature – and you all know – a lot of independence.”

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“Maduro accused the tech mogul of “inciting hatred, fascism, civil war, death, [and] confrontation of Venezuelans..”

Maduro Bans X (RT)

Venezuelan President Nicolas Maduro has announced a temporary ban on X (formerly Twitter) in the country. The decision followed his war of words with the platform’s CEO, Elon Musk, who has accused Maduro of election fraud. In a televised speech on Thursday, Maduro accused the tech mogul of “inciting hatred, fascism, civil war, death, [and] confrontation of Venezuelans,” as well as violating national laws. The leader added that he has signed a resolution presented by the National Commission of Telecommunications to ban the social media platform for ten days.“Let the plans on social networks to spread violence, hatred… [in] Venezuela from abroad end,” Maduro wrote in a separate post on X. In response, Musk took to the platform to mockingly promise to “singe his [Maduro’s] mustache from space.”

The spat between the Venezuelan leader and the billionaire started in the wake of the country’s presidential election last month, in which Maduro was declared the winner. According to the country’s electoral council, Maduro won about 52% of the vote, while opposition candidate Edmundo Gonzalez received 43%. The opposition disputed the results, arguing that they didn’t match their own tallies, while their backers, including the US, refused to recognize Maduro’s victory. However, other countries such as China and Russia have congratulated the Venezuelan leader on his reelection. Musk has supported the criticism of Maduro, calling him a “dictator” and accusing him of “major election fraud.” “The people of Venezuela have had enough of this clown,” he added, voicing support for the opposition.

The jab drew a sharp response from the Venezuelan president, who blasted the tycoon for allegedly trying to stage a coup and challenged him to a fistfight – a suggestion Musk accepted. The temporary ban on X comes after Maduro claimed to have deleted his WhatsApp messenger from his phone, saying it was being used to threaten Venezuela and spy on its people. He also claimed that TikTok and Instagram were being used to promote “hate” and promised to regulate their use. Maduro will be serving a third consecutive six-year term, after first taking office in 2013 following the death of President Hugo Chavez. Maduro’s previous reelection, in 2018, was also rejected by the US, along with the EU and several Latin American states.

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They want the lithium.

Serbian President Says He Received Coup Warning From Russia (RT)

Russia warned Serbia about a potential coup attempt, President Aleksandar Vucic told journalists on Friday. His statement came a day before an expected protest in the nation’s capital. According to Vucic, Serbia’s Security Intelligence Agency (BIA) is already acting on the leads provided by Moscow. “We received official information from the Russian Federation, information transmitted and brought through official channels,” the president said, adding that the authorities “are dealing with it” and there is no reason to worry. Vucic did not elaborate on where the threat could come from or who might be behind the alleged coup plot. He still maintained that those who “dream” of achieving anything in such a way should know that “they won’t.” “Serbia is moving forward and they cannot and will not stop it,” he added.

Earlier, some Serbian news media outlets reported that the Russian security services allegedly warned Vucic about massive riots that are being prepared in Serbia with an ultimate goal of overthrowing the nation’s leadership. A Serbian ‘Vecernje Novosti’ daily stated earlier on Friday that it obtained a “color revolution handbook” supposedly published for the participants of ecological protests that are expected to be held on Saturday. The content of the “handbook” describes methods reminiscent of “color revolutions” in other nations, the media outlet claimed, adding that the protests in the country are likely to be coordinated from some “centers of power” abroad but did not accuse anyone in particular. The news came as the nation braces for possible ecological protests this weekend. In July, Serbia has become an arena for a standoff between groups of eco-activists and the government over a major lithium mine project. Last month, Belgrade granted the Anglo-Australian mining major Rio Tinto a license to develop a lithium mine in the Jadar region in the western part of the country, which is poised to become the biggest one in Europe, according to Reuters.

The project did not sit well with some local farmers and villagers, who argued that the mine would severely pollute the surrounding area. The mine would “free the European Union from reliance on China” in terms of lithium at the expense of Serbians’ health, farmer Zlatko Kokanovic, one of the activists, told Reuters. The government treats the $2.4 billion Jadar lithium project as a major boost for the national economy. The mine could cover 90% of the EU’s needs for lithium, according to Reuters. The protesters demanded the government ban lithium mining in Jadar before August 10 and vowed to announce their next steps at a rally on Saturday. The news came as the nation braces for possible ecological protests this weekend. In July, Serbia has become an arena for a standoff between groups of eco-activists and the government over a major lithium mine project.

Last month, Belgrade granted the Anglo-Australian mining major Rio Tinto a license to develop a lithium mine in the Jadar region in the western part of the country, which is poised to become the biggest one in Europe, according to Reuters. The project did not sit well with some local farmers and villagers, who argued that the mine would severely pollute the surrounding area. The mine would ”free the European Union from reliance on China” in terms of lithium at the expense of Serbians’ health, farmer Zlatko Kokanovic, one of the activists, told Reuters. The government treats the $2.4 billion Jadar lithium project as a major boost for the national economy. The mine could cover 90% of the EU’s needs for lithium, according to Reuters. The protesters demanded the government ban lithium mining in Jadar before August 10 and vowed to announce their next steps at a rally on Saturday.

Read more …

“I’m not gonna draw a circular map for you here of where they can and cannot strike.”

Pentagon Refuses To Rule Out Strikes On Moscow (ZH)

The Pentagon on Thursday was asked by a reporter during the daily briefing whether Ukraine forces’ use of American weapons in its ongoing Kursk incursion is “consistent” with US policy of what Ukraine can and cannot do with US weapons. It has become clear that Ukrainian troops are currently using American weapons to attack Russian territory, troops, civilians, and infrastructure. Spokeswoman Sabrina Singh answered without hesitation that “yes it is consistent with our policy” and explained that Washington has supported the need for “crossfire” from Ukraine back across the border onto Russian positions from which it is being attacked, even if that is on Russian territory. She framed what is happening in Russia’s Kursk oblast—an offensive which has entered day four—as ‘defensive’ in nature.

Singh still tried to point out that it remains US policy for Ukraine to avoid striking deep into Russian territory using American arms; however, when pressed about the scenario of a direct attack on Moscow, she simply said: “I’m not going to put a specific range on it” and thus refused to rule it out. But she did caveat that “we still don’t support long-range attacks into Russia.” Singh additionally explained, “I’m not gonna draw a circular map for you here of where they can and cannot strike.” The Kremlin is likely to remain unconvinced when hearing this clear escalation in rhetoric from the Pentagon where attacking the Russian capital is discussed, even if theoretically. Needless to say we have entered incredibly dangerous times in this major proxy war when the Pentagon’s daily press briefing is openly talking about strikes on Moscow.

The Ukrainian cross-border offensive, which may have involved up to 1,000 men, began early Tuesday morning and was led by fast moving armored vehicles, which were able to penetrate up to 10km into Ukraine. Moscow says that it has observed US-supplied equipment being utilized in the attack on Russian soil. A prior Russian Defense Ministry (MoD) statement said, “Video monitoring data shows that Lancet loitering munitions destroyed a US-made Bradley infantry fighting vehicle, a Kazak armored vehicle, a Ukrainian armored personnel carrier and an infantry fighting vehicle in their firing positions.” Newsweek also confirmed based on video evidence. The MoD further said that dozens of armored vehicles breached the border and were operating inside Russia amid a major response to push out the invaders which has included airpower.

As of Friday, the fighting in Kursk is in its fourth day, which is unprecedented for a Ukrainian military incursion inside Russia. Ukraine has simultaneously stepped up its cross-border drone attacks, reportedly hitting an important military airfield in the Lepetsk region, impacting a facility where glide-bombs are stored. According to the latest: Ukrainian drones struck a key military airfield in Russia’s Lipetsk region, as Kyiv continues its largest offensive on Russian soil since the start of the war. Ukrainian forces targeted the airfield in Lipetsk — roughly 300 kilometers (186 miles) from the border with Ukraine — on Thursday night, hitting warehouses and a number of unspecified objects in the vicinity of the airport, Ukraine’s General Staff of Command said in a Google-translated Telegram post. Earlier in the week, the Ukrainian offensive led to the evacuation of thousands of people and a state of emergency being announced in Kursk.

The timing of this high-risk assault is interesting, happening at a time where Ukraine has been on a slow and steady retreat in the Donbass. Ukraine needed something ‘big’ to both distract Russia’s military command from front line operations and as a blow to Moscow’s morale. And now Kiev is pressing the Biden White House to let it use ATACMS long-range missiles to strike deeper into Russia. “This will give them the leverage they need for negotiations with Russia — this is what it’s all about,” Mikhail Podoliak, a senior advisor to President Zelensky, told The Washington Post. On Thursday, Zelensky himself had said Russia needs to “feel” the consequences of its invasion and war. “Russia brought the war to our land and should feel what it has done,” he said.

Read more …

“The Western powers incubated the Nazi virus and unleashed its mutated strain in Ukraine..”

Kiev Regime’s Terrorism Shows Russia Must Go All The Way (SCF)

Following the atrocities in Kursk and Belgorod this week, Dmitry Medvedev, a senior member of Russia’s national security council, commented on Moscow’s long-term military objectives, saying: “This is no longer an operation to regain our lands and punish Nazis… We should only stop when we consider it appropriate.” That means, presumably, going all the way to demolish NATO’s Reich regime, a regime that seized power illegally in 2014 through a CIA-orchestrated coup d’état against an elected president. Despite Western media distortions, Ukraine is merely an artificial statelet whose so-called independence in 1991 was a legacy of gerrymandering and territorial horse-trading from the Soviet times. Russia has righteous historical claims to Odessa, the city founded by Catherine the Great, Kharkov, Nikolayev, and indeed Kiev in the same way it has to Crimea, the Donbass, Kherson and Zaporozyhe regions.

The congenital treachery of the Kiev regime and its imperialist patrons make them “agreement incapable”. The betrayal and deception over the Minsk Peace Accords (2015) and the trashing of post-Cold War NATO promises of non-expansion show that any treaties that might be derived are worthless. The terrorist nature of the Kiev regime and its ideological roots in collaboration with the Nazi Third Reich in exterminating Slavic people and the systematic warmongering of the U.S.-led NATO bloc from the early days of the post-1945 Cold War, all show that a modus vivendi is impossible. The idea of Russian territories living peacefully alongside a Ukrainian rump Reich is infeasible. As long as a toxic entity of Ukrainian fascism resides and is sustained by NATO patronage there will always be a national security threat to Russia. The history of defeating Nazi Germany by the Soviet Union only for that enemy to be subsequently resurrected by Western imperialism with the remnants of Ukrainian fascists demonstrates that the disease must be eradicated.

Ukraine has the misfortune of being designated as the spearhead for a U.S.-led imperialist confrontation against Russia. The terrorism that was unleashed after the 2014 coup against ethnic Russian people has only metastasized. Attacking Russian civilians in pre-war Russian territory, targeting civilians on beaches with missiles, targeting nuclear power stations, and spreading the tentacles of terrorism to African nations friendly with Russia as recent attacks in Mali have evinced – all attest to the only way to deal with the Kiev regime. It must be vanquished entirely. Its leaders are bandits with Russian blood on their hands. Russia must crush this criminal entity once and for all – and do an immense favor to the Ukrainian people by liquidating this parasitic tyranny imposed on them by Western imperial masters. Ukrainian men are hiding or fleeing en masse from the regime to escape forced conscription – and certain death on the front lines.

Ultimately, the war in Ukraine is not just against a psychopathic NATO proxy. It is against the Western system of global domination and its NATO war machine. History shows that a negotiated detente is only a stepping stone for more aggression further up the road. The Western powers incubated the Nazi virus and unleashed its mutated strain in Ukraine. Not only does the Kiev Nazi virus have to be eradicated. So too ultimately must the Western imperialist disease that is the progenitor. Russia’s territory is the site of a historic, world-changing confrontation. That confrontation goes all the way back to the heroic battles of the Donbass, Crimea and Kursk against the Wehrmacht in 1943-44 culminating in the present against NATO. After this climactic battle is finally won by Russia, there should be never any repetition. That entails a definitive defeat of the Western imperialism that earlier spawned Nazi Germany and today’s U.S.-led NATO.

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“The liberalism in which Putin believes no longer exists in the West. So why is Putin relying on it?”

Putin Relies on Reason which the West Has Abandoned (Paul Craig Roberts)

Vladimir Putin is an old-fashioned American liberal. He believes in reason, good will, working things out, and agreements despite having zero evidence that any such reciprocating belief exists in the West. Putin’s illusions have caused him and Russia extraordinary difficulties. Russia is currently at war in Ukraine, although Putin still doesn’t seem to realize it, referring to it as a “limited military operation” despite the obvious fact that Russia is at war with NATO which includes the US. It is sad that Putin, a person with good intentions, doesn’t have his counterparts in the Western world. Now it comes to light that the British and Ukrainian governments planned to assassinate both Russia’s President Putin and Defense Minister Andrei Belousov at the Navy Day parade in St Petersburg.

In my columns I have several times mentioned that Putin and Trump are candidates for assassination. The recent attempt on Trump, which has been removed from the “news,” has now been matched by the statement of Russia’s Deputy Foreign Minister, Sergei Ryabkov, on Russian national television that Belousov called US Defense Secretary Lloyd Austin and squashed the assassination plan, explaining, apparently, that World War III would be the result. Maria Zakharova, spokesperson for the Russian Foreign Ministry said: “There is no doubt that the assassination attempt was planned with the participation of the Anglo-Saxon masters of Kiev.” Still, Putin wants to negotiate the end of the Ukrainian conflict. How precisely do you negotiate with people who are trying to assassinate you?

Dmitry Medvedev, President of Russia during the Putin Interregnum, currently deputy chairman of the Russian National Security Council, seems to have come to a clear vision. Here are his latest words, and one wonders if Putin hears them: “From this moment, the special military operation should become openly exterritorial in nature. We can and should go further into what still exists as Ukraine. To Odessa, Kharkov, Dnepropetrovsk, Nikolaev. To Kiev and further. There should be no restrictions in terms of recognized borders.” In other words, the nonsensical “limited military operation” should be over and done with. It is time to get serious. The liberalism in which Putin believes no longer exists in the West. So why is Putin relying on it? I raise these questions because it appears that the combination of Washington’s provocations and Russian restraint is leading to a terrible war that is in no one’s interest.

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“We cannot do that..”

Mexico Responds To Ukraine’s Request To Arrest Putin (RT)

The President of Mexico Andres Manuel Lopez Obrador has rejected a request by Ukraine to arrest Vladimir Putin, if the Russian leader were to land in the Latin American country this fall for the inauguration of its new head of state. The International Criminal Court (ICC) issued an arrest warrant for Putin last year in connection with the conflict between Russia and Ukraine. Mexico is one 124 nations recognizing the jurisdiction of The Hague-based body. “We cannot do that,” Lopez Obrador replied when asked by journalists during a press conference on Thursday if the Mexican authorities are really going to detain the Russian president. “It is not up to us,” he added, as cited by Reuters.

Izvestia newspaper had reported on the previous day that Mexico had invited Putin to the inauguration this October of its new president, Claudia Sheinbaum. According to the Mexican Embassy in Moscow, the Russian leader will decide whether to attend the ceremony himself or send some other high-ranking official to represent the country. The Ukrainian embassy in Mexico reacted to the news by reminding the country’s government that Putin is wanted by the ICC and by asking it to arrest the Russian leader if he comes. “We are confident that the Mexican government would comply with the international arrest warrant by handing the aforementioned person over to the judicial body of the UN in The Hague,” Kiev’s diplomatic mission said in a statement on Wednesday. It also thanked Mexico City for inviting Ukrainian leader Vladimir Zelensky to the inauguration.

Mexico has taken a neutral stance toward the conflict between Russia and Ukraine, with Lopez Obrador a critic of US military aid to Kiev and of the sanctions imposed on Moscow by the West. The outgoing president’s successor, Sheinbaum, is a close ally and is expected to continue his policies. In March 2023, the ICC formally accused Putin and Russia’s commissioner for children’s rights of “forcible transfer of the population,” referring to evacuations of minors from combat zones amid fighting between Russian and Ukrainian forces. Moscow has dismissed the allegations as false, while also accusing the court of being politically compromised. Russia, which never ratified the 1998 Rome Statute that established the ICC, also pointed out that the UN body had no authority over it.

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“..If we did not have an aggressive ally, like the United States, aggressive to others in the region, there would be nobody attacking Australia. We are better left alone..”

Australia Being Turned Into ‘51st US state’ – ex-PM Keating (RT)

The US is surrounding Australia with military bases under the AUKUS pact, which undermines the country’s sovereignty and makes it a legitimate target for China, former Prime Minister Paul Keating has said. In an interview with ABC on Thursday, Keating, who served as prime minister between 1991 and 1996, voiced strong skepticism about whether his country benefits from being a member of AUKUS – a landmark security partnership between Australia, UK, and the US, which was announced in 2021. The pact, which has been condemned by China, focuses on helping Australia acquire nuclear-powered submarines. Keating argued that by allowing the US to “displace our military” and surround the country with bases, Canberra is essentially giving up its right to determine its foreign and defense policy. Australia will “completely lose” its strategic autonomy as a result, he claimed.

“So AUKUS is really about, in American terms, the military control of Australia,” Keating said, adding that the government of Prime Minister Anthony Albanese is “likely to turn Australia into the 51st state of the United States”. The former prime minister added that the expanded military presence makes the country a target from China’s point of view. “We’re now defending the fact that we’re in AUKUS… If we did not have an aggressive ally, like the United States, aggressive to others in the region, there would be nobody attacking Australia. We are better left alone,” Keating said. The US, he argued, is trying to “superintend” China, with tensions between the two being fueled by a power struggle over the self-ruled island of Taiwan, which Beijing views as part of its sovereign territory. However, Keating argued that the Taiwan situation “is not a vital Australian interest” while China “has no strategic design” on Australia.

The US attitude to Taiwan is comparable to China deciding that Tasmania needed help breaking away from Australia, he said.The former prime minister’s remarks come after Australian Defense Minister Richard Marles and Foreign Minister Penny Wong traveled to Washington for talks about the AUKUS pact, and to discuss a new agreement on the transfer of nuclear material to Canberra as part of its push to acquire domestic-built atomic submarines from the 2030s. China has warned that the AUKUS agreement raises nuclear proliferation risks, adding that it was conceived in the “Cold War mentality which will only motivate an arms race.” Russia has also sounded the alarm about the security situation in the Asia-Pacific, insisting that it “has no place for closed military and political alliances.”

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“..evidence from many years of scientific observation suggests the corals often and quickly recover..”

Third Year of Record Coral Increase on the Great Barrier Reef (DS)

Massive increases in coral across the Australian Great Barrier Reef (GBR) have been reported for 2023-24 making it the third record year in a row of heavy growth. Across almost all parts of the 1,500 mile long reef, from the warmer northern waters to the cooler conditions in the south, coral is now at its highest level since detailed observations began. The inconvenient news has been ignored in mainstream media which, curiously, have focused on a non-story in Nature that claimed “climate change” poses an “existential threat” to the GBR. “The science tells us that the GBR is in danger – and we should be guided by the science,” Professor Helen McGregor from the University of Wollongong told Victoria Gill of BBC News. The existential threat is “now realised” reported the Guardian.

Travelling back from the reality inhabited by the Guardian, it can be reported that last year’s gains were eye-catchingly large. On the Northern GBR, hard coral cover leapt from 35.8% to 39.5%, in the central area it rose from 30.7% to 34%, while in the south it went from 34% to 39.1%. The report is the result of monitoring of hard coral cover reefs from August 2023 to June 2024 by the Australian Institute of Marine Science (AIMS). The percentage of hard coral cover is a standard measurement of reef conditions used by scientists and is said to provide a simple and robust measure of reef health. Similar reports have been published by the AIMS over the last 38 years.

For the first two years of record coral growth, the narrative-driven mainstream media ignored the recovery story. But this year, the suspicious might contend, something had to be done to blunt the sensational news of the stonking rises. Help has come in the form of a paper just published in Nature which uses proxy temperature measurements and climate models to suggest temperatures around the vast reef area are the highest recorded in 400 years. This time period is the blink of an ecological eye-lid given that coral has been around for hundreds of millions of years during periods when temperatures and atmospheric carbon dioxide have been markedly different. Nevertheless, this is said to pose an existential threat despite it being known that sub-tropical corals thrive between 24°C-32°C, and in fact seem to grow faster in warmer waters.

Natural bleaching, when the coral expels algae and turns white, can occur with temporary local temperature changes, but evidence from many years of scientific observation suggests the corals often and quickly recover. Long term changes in water temperature – tiny compared to coral’s optimum conditions – pose no threat, but alarmists concentrate on the bleaching events to warn of possible ecological collapse. The Guardian noted a recent fifth mass bleaching in eight years across the reef, driven, it claimed, by “global heating”. So far, its readers are in the dark as to how this squares with the recent record growth. A decade of mass bleaching, relentlessly catastrophised in the interests of Net Zero by activists in the media, academia and politics, does not appear to have done much harm to the recent growth in the Northern GBR.

Read more …

 

 

 

 

Babies
https://twitter.com/i/status/1821950104229556548

 

 

Brutal

 

 

Kingfu

 

 

Snow leopard
https://twitter.com/i/status/1821889171444883650

 

 

F(r)ens

 

 

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

 

 

 

 

 

Jan 292021
 


Gustave Courbet The wave 1870

 

Suck It, Wall Street (Matt Taibbi)
GameStop Soars 75% After-Hours After Robinhood Lifts Trading Ban (ZH)
Janet Yellen Received $810K In Speaking Fees From Hedge Fund (DC)
Losses On Short Positions In US Firms Top $70 Billion (R.)
AMC Entertainment Explores New Capital Raise Amid Stock Surge (MSN)
GameStop: Intentionally Dying (Chris Arnade)
D.C. Bar Yet To Disbar Ex-FBI attorney Clinesmith (JTN)
Novavax Vaccine Only 50% Effective Against South African COVID Strain (ZH)
Biden Stops Trump Order To Slash Price Of Insulin, EpiPen (DW)
Democrats Introduce Senate Bill To Make D.C. The 51st State (Turley)
Wall Street To Require Traders Wear A Top Hat And Monocle (BBee)

 

 

The craziest thing about the ongoing Robinhood and WallStreetBets saga must be that the former was selling their clients’ positions in GameStop without permission. That’s even worse than halting trading. It’s like your bank selling your home because that pleases them for some reason. Bet a lot of people never knew that Robinhood was just a division of Citadel. Well, they know now.

Also pretty crazy is Janet Yellen receiving $800,000 in “speaking fees” from Citadel but refusing to recuse herself from the case. That could mean Biden needs to find a replacement, fast. Because her ethics agreement appears quite clear on the matter. Then again, she’s gobbled up so many of these fees from so many financial companies that she would be a lame duck Treasury Secretary if the ethics were actually applied and enforced. To be continued.

 

 

 

 

 

Greenwald GameStop

 

 

Politicians are getting involved, and not only to defend Wall Street.

 

 

Tucker Portnoy

 

 

 

 

“In case this was lost on folks, yesterday’s Total Volume on the Nasdaq eclipsed the previous daily record…by 50%!!”

 

 

 

 

“They are like looters after a hurricane,” seethed Andrew Cuomo, then-Attorney General of New York State, who “promised to intensify investigations into short selling abuses.”

Suck It, Wall Street (Matt Taibbi)

In the fall of 2008, America’s wealthiest companies were in a pickle. Short-selling hedge funds, smelling blood as the global economy cratered, loaded up with bets against finance stocks, pouring downward pressure on teetering, hyper-leveraged firms like Morgan Stanley and Citigroup. The free-market purists at the banks begged the government to stop the music, and when the S.E.C. complied with a ban on financial short sales, conventional wisdom let out a cheer. “This will absolutely make a difference,” economist Peter Cardillo told CNN. “Now, if there is any good news, shorts will have to cover.” At the time, poor beleaguered banks were victims, while hedge funds betting them down as the economy circled the drain were seen as antisocial monsters.

“They are like looters after a hurricane,” seethed Andrew Cuomo, then-Attorney General of New York State, who “promised to intensify investigations into short selling abuses.” Senator John McCain, in the home stretch of his eventual landslide loss to Barack Obama, added that S.E.C. chairman Christopher Cox had “betrayed the public’s trust” by allowing “speculators and hedge funds” to “turn our markets into a casino.” Fast forward thirteen years. The day-trading followers of a two-million-subscriber Reddit forum called “wallstreetbets” somewhat randomly decide to keep short-sellers from laying waste to a brick-and-mortar retail video game company called GameStop, betting it up in defiance of the Street. Worth just $6 four months ago, the stock went from $18.36 on the afternoon of the Capitol riot, to $43.03 on the 21st two weeks later, to $147.98 this past Tuesday the 26th, to an incredible $347.51 at the close of the next day, January 27th.

The rally sent crushing losses at short-selling hedge funds like Melvin Capital, which was forced to close out its position at a cost of nearly $3 billion. Just like 2008, down-bettors got smashed, only this time, there were no quotes from economists celebrating the “good news” that shorts had to cover. Instead, polite society was united in its horror at the spectacle of amateur gamblers doing to hotshot finance professionals what those market pros routinely do to everyone else.

Read more …

Yossi Gestetner on Twitter: “Shorting more stocks than what is available likely means that brokerages double lent shares that they hold. Big chance is @RobinhoodApp did it and could not provide shares for Hedgies who wanted to close their shorts. Hence RH stopped everyone from buying shares. RH needed it!”

GameStop Soars 75% After-Hours After Robinhood Lifts Trading Ban (ZH)

Gamestop shares began to trade higher after Robinhood folded on its earlier trading ban. The move accelerated after-hours and GME is now up 75%, having erased all the day’s losses… The rally appeared to gain ground as Robinhood CEO appeared on CNBC… “In order to protect the firm and protect our customers we had to limit buying in these stocks,” Tenev told CNBC’s Andrew Ross Sorkin Thursday evening. “Robinhood is a brokerage firm, we have lots of financial requirements. We have SEC net capital requirements and clearing house deposits. So that’s money that we have to deposit at various clearing houses. Some of these requirements fluctuate quite a bit based on volatility in the market and they can be substantial in the current environment where there’s a lot of volatility and a lot of concentrated activity in these names that have been going viral on social media,” said Tenev.

Tenev also awkwardly denied there was any existing liquidity issue at the firm and said Robinhood had tapped credit lines as a proactive measure. “We want to put ourselves in a position to allow our customers to be as unrestricted as possible in accordance with the requirements and the regulations,” said Tenev. “So we pulled those credit lines so that we could maximize within reason the funds we have to deposit at the clearinghouses.”

Summary of today’s trading chaos:

GME Stock Rallies After-Hours, Erases Day’s Losses.

Protesters At NYSE & Robinhood HQ; Angry At Discount Brokerage.

Robinhood Draws Down On Credit Lines With Banks.

Citadel Securities Denies It Influenced Robhinhood In Restricting Stock Trading In GME.

Robinhood Releases Statement Saying Stock Trading In GME Restarts Friday.

Robinhood Users Complain Their GME Positions Are Being Sold Without Notice.

Elon Musk Agreed With Congresswoman AOC For Investigation In Robinhood Banning Users From Trading GME.

Barstool’s David Portnoy Starts Twitter Spat With Citadel Point72’s Steve Cohen.

User Sues Robinhood In Southern District of New York For “Removing GME From Platform.”

AOC Livid With Robinhood’s Decision To Place Trade Restrictions On Users; Calls It “Unacceptable.”

Robinhood Confirms Users Having Issues With “Equities, Options, And Crypto” Trading.

Interactive Brokers Put AMC, BB, EXPR, GME, and KOSS Option Trading Into liquidation.

Robinhood Restricts Trading In AMC, BB, BBBY, EXPR, GME, KOSS, NAKD & NOK.

TD Ameritrade Placed GME, AMC On Trade Restrictions.

Read more …

“Janet Yellen accepted $810,000 in speaking fees from Citadel, owner of Robinhood.
Reporter: Are there any plans to recuse herself from advising the President on GameStop and Robinhood situation?
Psaki: ‘No and she’s an expert and deserves that money.’”

Janet Yellen Received $810K In Speaking Fees From Hedge Fund (DC)

Treasury Sec. Janet Yellen received more than $800,000 in speaking fees from a hedge fund that has become embroiled in the saga over stock trades for video game retailer GameStop, according to her financial disclosures. Citadel, a hedge fund founded by Ken Griffin, a major GOP donor, paid Yellen $810,000 to speak at several events from October 2019 to October 2020, according to Yellen’s filings with the Office of Government Ethics. The Chicago-based hedge fund paid Yellen $292,500 for a speech on Oct. 17, 2019, $180,000 for one on Dec. 3, 2019, and $337,500 to speak at a series of webinars held from Oct. 9-27, 2020.


Citadel is invested heavily in Melvin Capital, a hedge fund that was reportedly on the brink of bankruptcy this week due to a surge in GameStop share prices. Reddit users on a page called “wallstreetbets” encouraged purchases of GameStop shares in order to exploit Melvin Capital’s short position on the company. A buying spree from retail investors forced Melvin to cover its short position by buying shares of GameStop at elevated prices. Citadel and another firm, 72Point, invested $2.75 billion in Melvin this week after it lost 30% of its capital, according to The Wall Street Journal. White House press secretary Jen Psaki said Wednesday that Yellen, who was confirmed by the Senate on Monday, is “monitoring the situation.”

Tucker Yellen
https://twitter.com/i/status/1354980441778843650

Read more …

A lot of money even for a hedge fund.

Losses On Short Positions In US Firms Top $70 Billion (R.)

Short-sellers are sitting on estimated losses of $70.87 billion from their short positions in U.S. companies so far this year, data from financial data analytics firm Ortex showed on Thursday. The hefty losses come as shares of highly-shorted GameStop jumped more than 1,000% in the past week without a clear business reason, forcing short-sellers to buy back into the stock to cover potential losses — defined as a short-squeeze — while retail investors then piled in to benefit from the surge. Chasing shorted companies became a trend among retail traders, rippling across U.S. markets and Europe.


Ortex data showed that as of Wednesday, there were loss-making short positions on more than 5,000 U.S. firms. Its data also showed that estimated losses from shorting GameStop at $1.03 billion year-to-date, while those shorting Bed, Bath & Beyond were looking at a $600 million loss. Ortex said the figures are based on the change in trading prices between the start of January to Wednesday’s close, and the number of short positions. The company sources short interest data from submissions by agent lenders, prime brokers, and broker-dealers.

Read more …

AMC cashes in on WallStreetBets.

AMC Entertainment Explores New Capital Raise Amid Stock Surge (MSN)

AMC Entertainment Holdings Inc is exploring raising more capital, including through yet another possible stock sale, to weather the COVID-19 pandemic and take advantage of this week’s rally in its shares, people familiar with the matter said on Thursday. The world’s largest movie theater chain, with about 1,000 cinemas worldwide, suffered unprecedented turmoil after the pandemic last year forced it to temporarily close many venues while attendance dropped at those that remained open. AMC staved off bankruptcy through a debt restructuring deal last summer with its creditors and private equity firm Silver Lake, and a series of other financial transactions in recent months.

AMC said on Monday it had raised $917 million since mid-December through equity and debt issues. “This means that any talk of an imminent bankruptcy for AMC is completely off the table,” Chief Executive Adam Aron said in a statement accompanying disclosure of the additional funds. On Wednesday, AMC said it raised an additional $304.8 million by selling shares this week, cashing in on an unprecedented social media-driven rally powered by amateur traders taking on hedge funds that had shorted its shares. On Thursday, it said Silver Lake and other creditors decided to convert debt holdings to equity in a transaction expected to reduce AMC’s obligations by $600 million.

AMC is considering attempting to raise even more money to capitalize further on the frenzy in its shares, the sources said. While its shares dropped about 57% on Thursday, erasing most of the week’s gains, they are still up more than 300% since the beginning of January. AMC said on Monday its “financial runway has been extended deep into 2021.” Still, it could use proceeds from a new capital raise to further trim its $5.5 billion debt pile as of the end of September, according to the sources.

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“The dog caught the car. The losers got to level twelve of a game nobody, including themselves, thought they would get past level four of.”

GameStop: Intentionally Dying (Chris Arnade)

At the very, very top of our meritocracy is a big game called Wall Street, that the smartest and cleverest get to play, and get paid big bucks for it. They get to choose their character: Trader, Salesperson, Broker, or Lawyer. The traders get to choose their weapon: Stocks, Bonds, Mortgages, Derivatives. Then they are off, navigating different levels, slaying this and that company, currency, or country. Below that is that vast landscape of losers who spend their days building roads, growing food, flipping hamburgers, teaching kids, building small businesses, landscaping yards, and their nights shooting hoops, or reading books, or caring for kids, or going to church. Or, God forbid, playing XBOX or PS4. Those are the worst. A lot of those losers, of every variety but especially the people who play video games, also spend a lot of time on Reddit, or Discord, or Twitch, live-streaming, shitposting, and just having fun.

When they were doing this, some of them noticed that Wall Street was also just a game, and a very profitable one. Sure, it was a little different than Zelda, or Grand Theft Auto, or Demon Souls, but it was a game nonetheless. So they started dipping their toes in and learning this pretty cool and serious game. Then they started telling their friends about it, who told their friends and so on and so on. Some made a little money here and there, others got run over, but hey, it was just another game. Cool. Of course they were the outsiders, the losers, the clowns fucking around for shits and giggles. They understood that. They knew nobody treated them seriously. Hell, they had been called lazy losers all their lives. Might as well embrace that. So they proudly named themselves “Degenerates” and “Autistic Retards.”

Own the stigma, because you ain’t gonna ever shake it or lose it no matter how hard you try. They dabbled here and there, got a little better at it, and soon attracted a few serious players with serious money into their fold. Wall Street players, slumming it, who saw a community of misfits they could lead, teach, or scam, depending on their ethics. So it went, and their numbers and ability grew, and then this summer some of the cleverest Wall Street players, who specialized in making big bets on companies failing, came after GameStop, something they had personal views on. That perked up their interest. Making it even cooler, some legitimately skilled Wall Street players who had joined their island of misfit toys pointed out that GameStop was a good buy, not a good sell, and convinced some of the degenerates to join them.

Also, this mob of shitposters and neophytes was really learning the Wall Street game, and they noticed a flaw and weakness in it. The big players going after GameStop had left themselves exposed. Really exposed. So they did what any gamer does. They attacked by buying GameStop, and hyped and hyped it until everyone smelled blood and joined the attack, and bought GameStop. It worked. Kind of, and unexpectedly. GameStop, which was trading at $5 or so this summer is, as of this writing, trading at $300, give or take $150. A head-turning move even by Wall Street standards. The dog caught the car. The losers got to level twelve of a game nobody, including themselves, thought they would get past level four of.

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Because many others might then follow?

D.C. Bar Yet To Disbar Ex-FBI attorney Clinesmith (JTN)

Former FBI attorney Kevin Clinesmith will be sentenced Friday for illegally altering a document that was used to authorize the agency’s effort to wiretap former Trump 2016 campaign adviser Carter Page. However, Clinesmith remains in good standing with the District of Columbia’s bar association, which has not begun an investigation into whether the group should strip him of his license to practice law, according to a new report. The D.C. bar as of Thursday still lists Clinesmith as an attorney in “good standing,” despite his pleading guilty nearly six months ago for altering the document. Clinesmith’s guilty plea was reported to the bar, and in September, the National Legal and Policy Center filed a complaint with the group.


“The only appropriate sanction for committing a serious felony that also interfered with the proper administration of justice and constituted misrepresentation, fraud and moral turpitude is disbarment. Anything less would minimize the seriousness of the misconduct,” reads the complaint. Clinesmith was formerly licensed to practice in Michigan, where he attended law school, in addition to the district. The State Bar of Michigan automatically suspended the 38-year-old’s license in mid-August, when the court accepted his guilty plea. The suspension will remain in effect until a review panel determines the ultimate fate of his license.

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The vaccine mess is growing fast.

Novavax Vaccine Only 50% Effective Against South African COVID Strain (ZH)

The latest COVID-19 vaccine news is unequivocally disappointing. Novavax, one of six US companies that received hundreds of millions of dollars upfront from the US government to develop a COVIID-19 vaccine, has just released preliminary data from its Phase 3 trials. The data showed the vaccine was 89.3% effective in the UK branch of the trial.Vaccine trials were held in nearly half a dozen countries, but in the UK, 62 people (out of roughly 15K) came down with COVID-19 symptoms after receiving either the vaccine or a placebo. Of these, six had received the vaccine, while 56 had gotten the placebo. Yet, in a separate, middle-stage study in South Africa, the trial data suggested the vaccine was much less effective. In South Africa, the Novavax shot was about 49.4% effective against Covid-19 in the study.

Preliminary results showed that more than 90% of the sick subjects for whom sequencing data were available were infected with the new variant circulating in South Africa. The news comes at an inopportune time: A few hours ago, the CDC revealed that the first two confirmed cases of the hyper-infectious South African COVID mutation had been confirmed in South Carolina. In a separate Novavax trial held in South Africa, the efficacy was significantly lower. In a small trial the rate of protection was just 50%. Almost all the cases that scientists have analyzed there so far were caused by the mutated strain, known as B.1.351.

What’s even more disturbing: The data also showed that many trial participants were infected with the variant even after they had already had COVID-19. Novavax tried to put a bright spin on the results. “We have the first trial — we are the first to conduct an efficacy trial — in the face of a changing virus,” said Stanley Erck, the president and chief executive of Novavax. He said that researchers expected the variants could change the trial results, but “the amount of change has been a bit of a surprise to everyone.”

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Probably nothing.

Biden Stops Trump Order To Slash Price Of Insulin, EpiPen (DW)

President Joe Biden’s United States Department of Health and Human Services (HHS) on Thursday stopped executive orders from his predecessor designed to significantly lower prescription drug prices for Americans, including insulin and epinephrine. The new administration will apparently re-evaluate the executive action from President Donald Trump toward the end of March. It remains unclear if it will be reinstated. “The HHS Thursday froze the former Trump administration’s December drug policy that requires community health centers to pass on all their insulin and epinephrine discount savings to patients,” Bloomberg Law reported Thursday. “Centers that don’t pass on the savings wouldn’t qualify for federal grants.”

“This freeze is part of the Biden administration’s large-scale effort announced this week that will scrutinize the Trump administration’s health policies,” the report noted. “If the previous administration’s policies raise ‘fact, law, or policy’ concerns, the Biden HHS will delay them and consult with the Office of Management and Budget about other actions.” A report for Bloomberg Government said the Biden administration is on a “different page” about curbing drug prices than the Trump administration, noting of the Biden team awaiting “at least a dozen lawsuits … over Trump-era moves to lower drug prices”: “Biden enters the presidency with at least a dozen lawsuits waiting over Trump-era moves to lower drug prices, an issue the new administration will likely tackle in its own way.

“The Department of Health and Human Services under Biden inherits challenges to rules that tie drug reimbursement to cheaper foreign drug prices and allow medication imports from Canada. It also faces complaints over Trump’s push for drugmakers to ship discounted drugs bought by low-income health centers to commercial contract pharmacies.” Trump signed four executive orders in July that directed the secretary of Health and Human Services (HHS) to “[e]nd a shadowy system of kickbacks by middlemen that lurks behind the high out-of-pocket costs many Americans face at the pharmacy counter,” the department announced at the time, noting that they would provide Americans more options on purchasing the drugs.

During the signing ceremony, Trump said the high price of insulin and EpiPens have cut off low-income people in “desperate” need of the treatments. “The four orders I’m signing today will be on the prescription drug market in terms of pricing and everything else to make these medications affordable and accessible for all Americans,” said Trump, surrounded by health care professionals. “The first order will require federal community health centers to pass the giant discounts they received from drug companies on insulin and EpiPens directly to their patients. You know insulin became so expensive people weren’t able to use it. They desperately needed it.”

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Shouldn’t adding states require a two-thirds majority?

Democrats Introduce Senate Bill To Make D.C. The 51st State (Turley)

Sen. Tom Carper (D-Del.) and other Democratic senators are introducing a bill for D.C. statehood today, a proposal with heavy opposition in the public in continuing polls. Indeed, the bill was one of the reasons that members and advocates demanded the killing of the filibuster rule to force through the change in status based on a bare majority. If successful, it would give the Democrats two more senators in a city-state that will expected to remain reliably blue. I have testified repeatedly on this issue. There are strong arguments for changing the status of the District and statehood is a viable option. It would clearly be constitutional unlike past proposals. The question is whether it is the best option for the country. Roughly 20 years ago, I proposed a “modified retrocession plan” that would be an alternative if the Congress wanted full voting rights for citizens of the District.


The proposal would make create the first city-state in our history with a population of 700,000. However, half of the country opposes the idea. A new Harris/Hill poll shows fifty-two percent of respondents said they favored statehood while 48 percent said they opposed it. That is heavy opposition for such a statehood change. [..] The debate over D.C. statehood is a complex issue with historical, constitutional, and legal dimensions. It is also an issue with important and unresolved racial issues of a black-majority city without direct representation in Congress. I have previously voiced my view that such lack of representation for the District is unacceptable and untenable in our country.

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And giant bags of money.

Wall Street To Require Traders Wear A Top Hat And Monocle (BBee)

Stock exchanges on Wall Street, together with brokerages and the SEC, have instituted new rules to stop the wrong people from winning in the stock market. In particular, there is a new dress code for those looking to trade stocks. To protect against market volatility, the SEC has banned from trading anyone who doesn’t dress up like the Monopoly Man and carry around giant bags of cash. This rule is enforceable whether you are trading in person or online, with apps requiring you to send a picture of yourself holding bags and bags of cash or gold bars to prove you’re rich enough to trade. “We are making this change to keep the poors out,” said an SEC spokesperson. “There were too many smelly poor people trading stocks, when the stock market was always intended just to help the rich people make more money. Now that the big investors started losing, we are changing the rules of the game. Don’t make us flip the game board over — we’re warning you!”

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