Feb 212025
 
 February 21, 2025  Posted by at 11:04 am Finance Tagged with: , , , , , , , , ,  49 Responses »


Pablo Picasso Nude on a beach 1929

 

Trump Officially Signs Kash Patel In As FBI Director (ZH)
Trump’s Goal Is To ‘Abolish The IRS’ As Layoffs Loom: Lutnick (ZH)
Bessent Says Russia Could Win Sanctions Relief If Cooperative In Peace Talks (ZH)
Zelensky Would Lose If Elections Were Held Now – Economist (RT)
Trump ‘Very Upset’ With Zelensky – Rubio (RT)
Zelensky ‘Fooled’ Trump With Rare-Earth Mineral Prospect – Ukrainian MP (RT)
Western Leaders Back Zelensky Amid War Of Words With Trump (RT)
Musk Claims Ukrainians ‘Despise’ Zelensky (RT)
The Royal Society Moves to Expel Musk Over His Political Views (Turley)
Whose Gold, if Anyone’s, Is in Ft. Knox? (Paul Craig Roberts)
Trump Cannot Allow a Declining Europe to Drag the US Down (O’Keeffe)
“And Just Like That” – Does NATO Even Exist Any More? (Every)
EU Leaders Fear America More Than They Fear Russia (Bordachev)
Kremlin Responds To Reports Of Plans For Western Troops In Ukraine (RT)
MEP Verhofstadt Says Trump Is ‘NATO’s Greatest Threat’ (RMX)
Russia’s Long-Term Play Is Much Bigger Than Ukraine (Trenin)
Points Trump Is Now Making Are What Russia Said All Along (Amar)
Trump Wants China Nuclear Deal – NYT (RT)

 

 

 

 

Dangerous

Debt
https://twitter.com/i/status/1892348045553009109

Medicare
https://twitter.com/i/status/1892439128177856745

Fico
https://twitter.com/i/status/1892314041449685211

Renegade

 

 

 

 

Kash Patel will need the best protection that all political currency put together can buy. The FBI is a dangerous environment.

Trump Officially Signs Kash Patel In As FBI Director (ZH)

The Senate on Thursday confirmed Kash Patel to lead the FBI. Patel had widespread support of Republicans – even Mitch McConnell (!), who argued that the Trump nominee would reform the nation’s top law enforcement agency after decades of corruption. “Mr. Patel should be our next FBI director because the FBI has been infected by political bias and weaponized against the American people. Mr. Patel knows it, Mr. Patel exposed it, and Mr. Patel has been targeted for it,” Senate Judiciary Chairman Chuck Grassley (R-IA) said last week during a committee meeting to discuss Patel’s nomination, before the panel advanced Patel in a party-line vote.

Update (1550ET): In response to his confirmation, Patel said he was “honored” to have been confirmed, and he will now “rebuild trust in the FBI. “The FBI has a storied legacy—from the “G-Men” to safeguarding our nation in the wake of 9/11. The American people deserve an FBI that is transparent, accountable, and committed to justice. The politicalization of our justice system has eroded public trust—but that ends today. My mission as Director is clear: let good cops be cops—and rebuild trust in the FBI,” he said in a post on X, adding “And to those who seek to harm Americans—consider this your warning. We will hunt you down in every corner of this planet.” Update (1944ET): Trump has officially signed Patel in as the new Director of the FBI… Democrats, meanwhile are positively spooked…

Meanwhile, Sen. Dick Durbin (D-IL) – who notably blocked the release of the Epstein client list that Patel has vowed to expose, held a press conference outside FBI headquarters on Thursday, slamming what he called Patel’s “bizarre political statements” spanning Jan. 6, to retribution – and accused Reepublicans of “willfully ignoring red flags on Mr. Patel,” who he argued has “neither the experience, the judgment or the temperament” to be FBI chief for the next decade. “Mr. Patel will be a political and national security disaster,” said Durbin. Patel, a vocal critic of the FBI, has worked in several roles during the first Trump administration, including acting deputy director of national intelligence. In prior comments, Patel said he wanted to clean out the bureau’s headquarters in Washington DC as part of a mission to dismantle the Deep State.

https://twitter.com/i/status/1892326242336251987

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“The IRS employs roughly 90,000 people across the country.”

Trump’s Goal Is To ‘Abolish The IRS’ As Layoffs Loom: Lutnick (ZH)

Commerce Secretary Howard Lutnick said on Wednesday that President Trump’s goal is to abolish the Internal Revenue Service (IRS). “Think about it, Donald Trump announces the External Revenue Service, and his goal is very simple (…) his goal is to abolish the Internal Revenue Service and let all the outsiders pay,” Lutnick told Fox News host Jesse Watters. Trump has said that the External Revenue Service will force foreign trade partners to “finally pay their fair share,” and has previously floated the idea of abolishing federal income taxes as part of his plans for “tariffing and taxing foreign nations to enrich our citizens.”

Lutnick also said that Elon Musk and DOGE were “going to cut” $1 trillion, “and then we’re going to get rid of all these tax scams that hammer against America, and we’re going to raise a trillion dollars of revenue.” The IRS is responsible for collecting the federal taxes from individuals and corporations – taking in some $823 billion in individual taxes in 2024, roughly 52% of total revenue, according to the Treasury Department. Lutnick’s remarks come as the IRS is reportedly looking to lay off thousands of workers. According to the Associated Press, the agency will start by letting go roughly 7,000 probationary workers in Washington and around the country. Those with roughly one year or less of service at the agency – largely in compliance departments – will be affected, according to the report.

“The layoffs are part of the Trump administration’s intensified efforts to shrink the size of the federal workforce through the Department of Government Efficiency by ordering agencies to lay off nearly all probationary employees who have not yet gained civil service protection. They come despite IRS employees involved in the 2025 tax season being told earlier this month that they would not be allowed to accept a buyout offer from the Trump administration until mid-May, after the taxpayer filing deadline. It’s unclear how the layoffs may affect tax collection services this year. As the nation’s revenue collector, the IRS was tasked during the Biden administration with targeting high-wealth tax evaders for an additional stream of income to the U.S., which is $36 trillion in debt. By the end of 2024, the IRS collected over $1.3 billion in back taxes from rich tax dodgers.” -AP

On Wednesday, the NY Times reported that the IRS would begin laying off roughly 6,000 employees on Thursday, and will target ‘relatively recent hires which the Biden administration had attempted to revitalize with a surge of funding and new staff.’ According to that report, IRS managers on Wednesday began asking their employees to bring their government-issued equipment to the office. “Under an executive order, I.R.S. has been directed to terminate probationary employees who were not deemed critical to filing season,” one email reads. “We don’t have many details that we are permitted to share, but this is all tied to compliance with the executive order.” According to former IRS official Dave Kautter, “There’s a flood of résumés from people at the I.R.S. looking for jobs throughout the tax community,” adding “Law firms are getting a fair number of résumés, accounting firms are getting a fair number of résumés.” The IRS employs roughly 90,000 people across the country.

Lutnick

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That’s not how you communicate with Russia.

Bessent Says Russia Could Win Sanctions Relief If Cooperative In Peace Talks (ZH)

The Trump administration has signaled that Russia could win sanctions relief if Ukraine war talks are successful. “Russia could win some relief from U.S. sanctions based on its willingness to negotiate an end to its war in Ukraine,” US Treasury Secretary Scott Bessent conveyed Thursday in a Bloomberg interview. Per the breaking report: “Asked whether the U.S. was prepared to increase sanctions on Russia or reduce them depending on how talks to end the Ukraine war go, Bessent said: “That’d be a very good characterization.” The US Treasury chief then emphasized, “The president is committed to ending this conflict very quickly.” Trump’s stance on Ukraine has been met with growing beltway resistance, including from notable Republicans, amid a growing war of words with Zelensky, labeled a ‘dictator’ who doesn’t want to hold elections in a Wednesday Truth Social post by Trump.

The Ukrainian administration understands itself to be increasingly isolated by Washington, now near the eve of the war reaching the exact three-year mark, and there are reports that Zelensky is being told by his advisors to not respond to Trump’s provocative words. Trump is telling Zelensky he needs to hold elections. Any sanctions relief on Moscow would mark a huge shift in the conflict, and Europe would ultimately have no choice but to conform, despite the continuing hawkish statements issued from Brussels. Statements from Rubio also reflected this Trump stance days ago…

Russian markets have responded this week, with the Ruble hitting a six-month high: Russia’s ruble surged to its strongest level against the U.S. dollar in more than six months on Thursday, buoyed by renewed U.S.-Russia ties and hopes in Moscow for sanctions relief. The ruble has gained about 14% since U.S. President Donald Trump returned to the White House in January, reversing losses from late 2024. On Thursday, Russia’s Central Bank set the official exchange rate at 88.5 rubles against the U.S. dollar, its highest level since August. While Russia does not have a fixed exchange rate, the Central Bank’s figure reflects market trends. The rebound follows a steep drop in the ruble last year when the outgoing Biden administration imposed its toughest sanctions on Russia’’ oil sector since the start of the war”.

Trump has held out the threat of more sanctions, but this new statement from Bessent signals where the US administration’s priorities are headed. Retired US Lt. Gen. Keith Kellogg, Trump’s special envoy to Ukraine and Russia, is in Kiev where on Thursday he had an (apparently) brief meeting with Ukrainian President Volodymyr Zelensky. A scheduled post-meeting news conference has been unexpectedly canceled, though no reason was immediately forthcoming, according to a Ukrainian official, presidential spokesman Serhii Nikiforov. The US side made no comment upon the presser’s cancelation. The Associated Press observes, “When the meeting began, photographers and video journalists were allowed into a room where the two men shook hands before sitting across from each other at a table at the presidential office in Kyiv.. What’s the latest in the growing feud that let up to this?

President Trump on Wednesday night continued bashing Ukraine’s Zelensky, this time describing that his officials treated Treasury Secretary Scott Bessent “rudely” during his visit to Kiev last week. Trump further said that Zelensky chose to sleep instead of meeting with the high-ranking American official to discuss the White House proposed mineral rights deal. “Zelensky was sleeping and unavailable to meet him,” Trump told reporters aboard Air Force One. [..]The Treasury Secretary had “traveled many hours on the train, which is a dangerous trip,” Trump added, characterizing the whole visit as futile given the Ukrainians “told him ‘no'” on the deal for America to acquire 50% of the country’s rare earth minerals.

Trump’s anti-Zelensky rhetoric, which included him calling him a “dictator” yesterday, has grown to the point that many pundits see that the Ukrainian president’s exit is nigh. Trump is pressuring Kiev for new elections, which would require parliament to change the constitution. Vice President J.D. Vance also warned Wednesday that Zelensky will only bring harm on himself should be continue ‘badmouthing’ President Trump. This was in reference to Zelensky asserting that Trump is living in a Russian “disinformation space”. Vance’s warnings were conveyed in an interview published in the Daily Mail: “The idea that Zelensky is going to change the president’s mind by badmouthing him in public media, everyone who knows the president will tell you that is an atrocious way to deal with this administration,” Vance said. “We obviously love the Ukrainian people,” but “we obviously think that this war needs to come to a rapid close,” he added.

And Vance followed with a reminder: “That is the policy of the president of the United States. It is not based on Russian disinformation.” Elon Musk has defended the Trump admin’s fierce critique of Zelensky. For example, Musk had tweeted out the following list by prominent pro-Trump account @DC_Draino: Want to know why Trump called Zelensky a Dictator? Here are the FACTS:
• He’s in year 6 of his 5 year term
• Declared martial law Feb 2022 and has banned elections since then
• Banned 11 political parties
• Passed law in 2022 to censor journalists and combined all news into one gov’t station
• Journalists investigating his corruption get conscripted and thrown on the front lines to die

The list ended with the observation that “Even Saddam Hussein held elections!” We should add to this list the ongoing persecution of the Ukrainian Orthodox Church by the Zelensky government, merely because it maintains spiritual communion with the Moscow Patriarchate. At this point, many pundits believe it’s only a matter of time before there’s a change in Ukraine’s government. European leaders are of course rallying around Zelensky, but the pressure and power of Washington is a different matter, and in essence Trump is warning that if the Zelensky doesn’t achieve peace, there will be drastic changes in Kiev.

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“He suggested that holding a vote amid the ongoing conflict with Moscow would undermine national unity.”

Zelensky Would Lose If Elections Were Held Now – Economist (RT)

Ukrainian leader Vladimir Zelensky would lose to his former Commander-in-Chief, Valery Zaluzhny, by a large margin if presidential elections were held in Ukraine today, the Economist has reported, citing “internal polling.” Zelensky’s five-year presidential term expired in May of 2024, and he has refused to hold elections since, citing martial law. Speaking late last month, Russian President Vladimir Putin stated that Zelensky no longer has the legitimacy required to sign any official agreement. In an article on Wednesday, the Economist writes that “many Ukrainians are clearly frustrated with their war leader.” According to data cited in the report, Zelensky “would lose a future election by 30% to 65% to Valery Zaluzhny,” should the former commander run for office. Zaluzhny currently serves as Ukraine’s ambassador to the UK.

The Economist further claimed that, in sharp contrast to the 90% popularity he supposedly enjoyed during the early days of the conflict in 2022, Zelensky’s ratings hit a low of 52% last month. On Thursday, Ukraine’s Strana.UA media outlet cited a recent survey conducted by the Socis polling company indicating that only 15.9% would vote for Zelensky, with Zaluzhny enjoying the support of 27.2% of respondents. The question of Zelensky’s popularity at home was raised by US President Donald Trump on Tuesday, when he told reporters that the “leader in Ukraine… he’s down at a 4% approval rating.” He also pointed out that calls for the Ukrainian leadership to hold elections are “not a Russia thing,” but rather “something coming from me, and coming from many other countries also.”

Responding to the US president’s claim, Zelensky suggested on Wednesday that Trump had fallen for “Russian disinformation.” The politician also cited a January poll from the Kiev International Institute of Sociology (KMIS) that indicated 57% of Ukrainians trusted him. The Ukrainian leader’s remarks apparently did not sit well with Trump, who blasted Zelensky in a post on his Truth Social platform later that day as a “dictator without election.” The US head of state reiterated his allegation that the politician “is very low in Ukrainian Polls,” concluding that “Zelenskyy better move fast or he is not going to have a Country left.” Speaking at the Munich Security Conference last Saturday, the Ukrainian leader claimed he was “ready to talk about elections, [but] Ukrainians don’t want this.” He suggested that holding a vote amid the ongoing conflict with Moscow would undermine national unity.

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“..officials in Kiev are making “absolutely unacceptable statements about other states,” adding that the downfall of Zelensky’s popularity is an “absolutely obvious trend.”

Trump ‘Very Upset’ With Zelensky – Rubio (RT)

US President Donald Trump is “very upset” with Ukrainian leader Vladimir Zelensky, according to Secretary of State Marco Rubio, citing a disagreement over a proposed mineral rights deal. In a sign of growing tensions between the US and Ukraine, Trump on Wednesday branded Zelensky a “dictator without elections,” accusing him of mismanaging the conflict with Russia and misusing American aid. Zelensky, whose presidential term ended last spring, has refused to hold a new election, citing martial law. Moscow deems Zelensky illegitimate, insisting that legal authority now lies with the Ukrainian parliament. In an interview with Canadian-American journalist Catherine Herridge on Thursday, Rubio said he believes that “President Trump is very upset at President Zelensky – and rightfully so.”

The secretary added that he “was personally very upset” with the conversation top US officials had with the Ukrainian leader over a prospective deal that would grant the US access to Ukraine’s vast mineral resources, suggesting that Zelensky flip-flopped on the issue. According to Rubio, the Americans tried to reassure Zelensky that “we want to be in a joint venture with you – not because we’re trying to steal from your country, but because we think that’s actually a security guarantee,” while stressing that the US wants to get back some of the money it had spent to support Kiev. “He said, sure, we want to do this deal; it makes all the sense in the world – the only thing is I need to run it through my legislative process… I read two days later that Zelensky is out there saying: I rejected the deal,” Rubio said, adding: “that’s not what happened in that meeting.”

The diplomat argued that “there should be some level of gratitude” from Ukraine. “When you don’t see it and you see him out there accusing the president of living in a world of disinformation, that’s… very counterproductive.” Rubio was referring to Zelensky’s response to Trump’s claim that the Ukrainian leader’s current approval rating is 4%. Zelensky has not directly addressed Trump’s “dictator” remarks. However, Ukrainian Foreign Minister Andrey Sibiga stressed that “the Ukrainian people and their President Zelensky refused to give in to [Russian President Vladimir] Putin’s pressure,” adding that “nobody can force Ukraine to give up.” Commenting on the feud between Zelensky and Trump, Kremlin spokesman Dmitry Peskov suggested that officials in Kiev are making “absolutely unacceptable statements about other states,” adding that the downfall of Zelensky’s popularity is an “absolutely obvious trend.”

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The Ukraine rare earth story becomes bewildering. Javier Blas says Ukraine has “no significant rare-earth deposits other than small scandium mines.” Others say they do have deposits, but these cannot be “dug up” in a profitable manner. And Zelensky wants a $500 billion deal for them?! Trump needs research.

Zelensky ‘Fooled’ Trump With Rare-Earth Mineral Prospect – Ukrainian MP (RT)

Vladimir Zelensky wildly misled US President Donald Trump when he boasted about Ukraine’s mineral deposits, Artyom Dmitruk, a member of Ukraine’s Verkhovna Rada, told RT. Zelensky offered the US a partnership to develop Ukraine’s minerals. “The Americans helped the most, and therefore the Americans should earn the most. And they should have this priority, and they will,” he told Reuters this month. He claimed that Ukraine has Europe’s largest titanium deposits, while Prime Minister Denis Shmigal wrote in an op-ed for Politico that the country’s subsoil contains “22 out of the 30 minerals listed as critical for the EU.” Speaking to RT on Thursday, Dmitruk argued that Zelensky’s tactic was deceptive. “It is an issue on which Zelensky has once again fooled the whole world, and, more specifically, Donald Trump and his team,” Dmitruk said.

“First, all of these resources, the rare-earth minerals, are currently located on the territories with active combat. Second, no one can say what the price of extracting these resources will be,” he added. “If these precious resources could have been mined so easily and on such a large scale as Zelensky promised, and if it would have been profitable, the companies in Ukraine would have started doing it long ago. It is yet another lie, another farce that Zelensky attempts to exploit.” A critic of Zelensky’s government, Dmitruk fled Ukraine in 2024 after being charged with assaulting a police officer. He denies any wrongdoing and insists that the prosecution is politically motivated. Speaking to RT, Dmitruk blamed “the party of war” in Kiev for the hostilities with Russia. Ukraine will face “an internal war and destruction” unless “the party of peace” prevails and negotiates a deal with Moscow, he argued.

On Wednesday, Zelensky confirmed that he refused to sign a deal that would have granted the US 50% ownership of Ukraine’s rare-earth minerals. “I cannot sell our country,” he said, stressing that Kiev demands that the West provide security guarantees against Russia. The feud between Trump and Zelensky escalated this week when the US president labeled him “a dictator without elections” and claimed that he is deeply unpopular at home. Trump’s national security adviser, Mike Waltz, told Fox News on Thursday that Ukrainians “need to tone it down” and sign the proposed minerals agreement. In an op-ed for Bloomberg on Wednesday, commodities expert Javier Blas wrote that Trump’s expectations of a deal for Ukraine’s rare-earth minerals are grossly exaggerated. He said Ukraine “has no significant rare-earth deposits other than small scandium mines.” Zelensky acknowledged earlier this month that around half of its rare-earth deposits are “under Russian occupation,” according to Reuters.

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What exactly do these “leaders” lead?

Western Leaders Back Zelensky Amid War Of Words With Trump (RT)

European leaders, including those from the UK, Germany, and the Czech Republic, have rallied behind Ukrainian leader Vladimir Zelensky after US President Donald Trump described him as a “dictator without elections.” In a post on his Truth Social platform on Wednesday, the Republican accused the Ukrainian leader of mismanaging the conflict with Russia and misusing American financial aid. Trump went on to claim that Zelensky “refuses to have elections” and “is very low in Ukrainian polls.” Trump’s post was apparently sparked by an accusation from Zelensky that the US president was in a “Russian information bubble.” Zelensky’s five-year presidential term expired in May 2024 and he has refused to hold elections since, citing martial law. Russian President Vladimir Putin has repeatedly stated that he does not consider Zelensky to be the legitimate head of the Ukrainian state any longer.

Commenting on Trump’s remark, Czech President Petr Pavel wrote in a post on X on Wednesday that characterizing Zelensky as a dictator “requires a great deal of cynicism.” He also called into question the feasibility of holding elections in Ukraine amid the ongoing conflict with Russia. British Prime Minister Kier Starmer’s office reported he had phoned Zelensky and expressed support for “Ukraine’s democratically elected leader.” The official similarly argued that “it was perfectly reasonable to suspend elections during war time,” citing Britain’s own practice during World War II. German Chancellor Olaf Scholz chimed in in a post on X on Wednesday, writing that “it is simply wrong and dangerous to deny President Zelensky democratic legitimacy.”

Several prominent US Democrats have also sided with Zelensky. Senate Minority Leader Chuck Schumer stated that “it is disgusting to see an American president turn against one of our friends and openly side with a thug like Vladimir Putin.” He suggested that the Ukraine conflict directly affects the “security of the American people.” Senator Adam Schiff also accused Trump of betraying Kiev and appeasing Moscow. Kremlin spokesman Dmitry Peskov noted on Thursday that the “rhetoric of Zelensky and many representatives of the Kiev regime in general leaves a lot to be desired.” Officials in Kiev “often allow themselves to make statements directed toward other heads of state, completely unacceptable things,” Peskov concluded.

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“If Zelensky was actually loved by the people of Ukraine, he would hold an election..”

Musk Claims Ukrainians ‘Despise’ Zelensky (RT)

A poll suggesting that Ukrainian leader Vladimir Zelensky is popular at home was rigged in his favor, billionaire Elon Musk, a key ally of US President Donald Trump, has claimed. “It should be utterly obvious that a Zelensky-controlled poll about his OWN approval is not credible!!” Musk wrote on X on Thursday. The post was in response to an unsourced claim on X that the US government provided grants to the Kiev International Institute of Sociology (KIIS), which released a poll suggesting that 57% of Ukrainians have confidence in Zelensky. “If Zelensky was actually loved by the people of Ukraine, he would hold an election,” he added, claiming that Zelensky is “despised by the people of Ukraine” and “would lose in a landslide.” “I challenge Zelensky to hold an election and refute this. He will not,” he wrote.

The owner of SpaceX, Tesla, and X went on to argue that Trump was “right to ignore” Zelensky and should pursue a deal with Russia independently. The public feud between Trump and Zelensky erupted earlier this month after Ukrainian and EU officials said they were blindsided by Trump’s decision to restore direct negotiations with Russia. Zelensky, who was not invited to the US-Russia talks in Riyadh on Tuesday, argued that the US president is “living in Russian disinformation space.” Trump responded by labeling Zelensky, whose five-year presidential term expired last year, “a dictator,” and said he failed to achieve a ceasefire with Moscow. He also claimed that Zelensky’s approval rating is 4%.

According to the KIIS, Zelensky’s popularity surged to 90% during the initial months of the conflict in 2022 and has since fluctuated between 60% and 50%. Polls also consistently suggest that if an election is held, Zelensky would lose to Ukraine’s former top general, Valery Zaluzhny, who is now the ambassador to the UK. Ukrainian officials have insisted that it is impossible to hold a new election under martial law. Russian President Vladimir Putin has stated that he no longer considers Zelensky the legitimate leader. Trump also recently said Ukraine should hold an election.

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“..more than 2,700 scientists have signed an open letter that cited his public attacks on figures such as Anthony Fauci..”

The Royal Society Moves to Expel Musk Over His Political Views (Turley)

Founded in 1660, the Royal Society is one of the most prominent scientific organizations in the world with associations to such luminaries as Sir Isaac Newton and Charles Darwin. Despite that proud history, British scientists are pushing to politicize the society and expel Elon Musk because they disagree with his political views. It is not simply anti-intellectual but self-destructive for a society committed to the pursuit of scientific knowledge. Few individuals in history have had a more pronounced impact on scientific and technological advances than Musk. His work on Space X alone has reshaped space technology. The upcoming mission to rescue the stranded scientists only highlights his transformative role and that of his company.

However, more than 2,700 scientists have signed an open letter that cited his public attacks on figures such as Anthony Fauci but also noted that ‘The situation is rendered more serious because “Mr. Musk now occupies a position within a Trump administration in the USA that has over the past several weeks engaged in an assault on scientific research in the US that has fallen foul of federal courts.” It is unclear what cases are being referenced, since there have been several rulings against efforts to enjoin DOGE and Musk. More importantly, such litigation has only just begun. Whether the challengers or the Administration “has fallen foul” is yet to be determined. Others made it clear that they simply disagree with Musk’s views.

Professor Dorothy Bishop, a University of Oxford psychologist, resigned earlier from the society, stating “I just feel far more comfortable to be dissociated from an institution that continues to honour this disreputable man.” Others accused Musk of spreading “disinformation,” a much-abused category in the United Kingdom as a basis for censorship. Many of these scientists seem selective in their outrage. I do not recall the Royal Society rushing to the defense of the many scientists who were fired or silenced over their dissenting views on COVID-19. That includes the lab theory that led to scientists being denounced as conspiracy theorists or racists. Now, federal agencies agree that the theory is legitimate and indeed favored by some offices.

Some experts questioned the efficacy of surgical masks, the scientific support for the six-foot rule and the necessity of shutting down schools. The government has now admitted that many of these objections were valid and that it did not have hard science to support some of the policies. While other allies in the West did not shut down their schools, we never had any substantive debate due to the efforts of this alliance of academic, media and government figures.

Not only did millions die from the pandemic, but the United States is still struggling with the educational and mental health consequences of shutting down all our public schools. That is the true cost of censorship when the government works with the media to stifle scientific debate and public disclosures. There is an alternative. The Royal Society could confine its review to the scientific contributions of figures like Musk. The subjectivity of this criticism should be antithetical to a scientific organization. Science is ideally a field that transcends political, social, and religious divisions. Few figures in history have advanced the cause of space travel and green technology as Musk. I hope the Royal Society will decline to engage in such political exclusions, but I am hardly hopeful. However, in carrying out this expulsion, they will do far more harm to their society than to Elon Musk.

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“The only institutions capable of purchasing tons of gold at $2,900 per ounce are the Federal Reserve and US Treasury by creating the money with which to pay for the gold.”

“The good news for Trump is that ending the conflict with Russia protects the dollar’s role as reserve currency.”

Whose Gold, if Anyone’s, Is in Ft. Knox? (Paul Craig Roberts)

If there is gold in Ft. Knox, whose is it? Many bullion dealers believe that any gold in Ft. Knox is not ours. Over the decades the gold was “leased” to bullion dealers who sold it into the gold market, thereby protecting the value of the dollar by holding down the gold price. “Leasing” the gold means that the US can still claim to own the gold. A sale has to be recorded or reported, but not a “lease.” Gold might also have disappeared through rehypothecation, which is the use by one party of another party’s asset to back their own financial or borrowing practices. The gold of other countries is also in Ft. Knox. Earlier this century, Germany requested its gold from Ft. Knox, and was told that the gold would be returned in seven years. This indicates that the gold was used by Washington for some other purpose and was unavailable to be returned to Germany.

For years Rep. Ron Paul and Sen. Rand Paul have tried to get a gold audit. Neither of these legislators were even permitted to enter Ft. Knox to see if any gold was there. Now that Elon Musk has announced a gold audit, holders of gold contracts have suddenly started to demand settlement in gold delivery rather than in cash and pocketing the profits. The amount of gold delivery being demanded from Comex, the US gold futures market, and its London equivalent is enormous, putting the ability to deliver under enormous strain. The only institutions capable of purchasing tons of gold at $2,900 per ounce are the Federal Reserve and US Treasury by creating the money with which to pay for the gold. The rise in the price of gold reflects the increase in physical purchases.

It seems clear enough that the Fed or Treasury is desperate to put gold back into Ft. Knox in advance of the audit. Previously, the Comex or futures market was used to hold down the price of gold by dumping huge amounts of short selling in the futures market all at once, often when there was no active trading, as Dave Kranzler and I have explained. The gold futures market is unique in that it can be shorted without the contracts being covered, unlike shorting equities. In effect, shorting gold is like printing money. The supply of paper gold in the futures market is increased simply by printing paper contracts. The increase in the paper supply of gold suppresses the price, because the price of gold is determined in the futures market, not in the physical market.

The current demand for gold delivery when the contracts come due, instead of settling in cash, has made it impossible to hold down the price of gold. There is speculation that President Trump intends to return the dollar to partial backing in gold in order to protect its status as reserve currency from a BRICS alternative. Unless and until US debt can be brought under control, the US dollar’s reserve currency status is essential for the financing of US budget and trade deficits. World central banks hold their reserves in US Treasuries. Thus, an increase in US debt simply means an increase in the reserves of central banks, something that is welcomed. If the dollar were not the reserve currency, financing the massive US debt would likely be impossible.

Trump’s attempt to restore normal relations with Russia, if successful, would require the end of the weaponization of the US dollar that is causing so much of the world to look for a different means of settling trade balances. This would take the pressure off of the dollar from the threat of an alternative reserve currency and reduce the urgency of getting US debt under control, but the pressure of mounting interest payments to foreign central banks on their Treasury holdings would still exist. The good news for Trump is that ending the conflict with Russia protects the dollar’s role as reserve currency.

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“..as Trump finally moves to end US involvement in the war in Ukraine, European leaders are scrambling to find ways to independently double down on the same security set-up that helped bring the war about in the first place..”

Trump Cannot Allow a Declining Europe to Drag the US Down (O’Keeffe)

Last week, leaders of European governments got very upset with the new Trump administration. First, Secretary of Defense Pete Hegseth said a return to pre-2014 Ukraine-Russia borders was an “unrealistic objective” in the coming peace negotiations and that European leaders shouldn’t assume American troops would be present on the continent forever. Then, Vice President JD Vance gave a speech at a security conference in Germany in which he admonished European governments for repeatedly violating the liberal democratic principles they loudly proclaim to defend. He cited the recent reversal of an election in Romania after the result went against what the ruling regime and its Western European allies wanted, as well as a plethora of crackdowns on political dissent from some of Washington’s closest allies on the continent.

Finally, President Trump announced that the US government would begin direct talks with the Russian government to negotiate an end to the war in Ukraine. Those talks began on Tuesday without any involvement from other European governments, including Ukraine. Needless to say, these statements and developments greatly angered European leaders who were evidently convinced the US would continue to station troops, send weapons, and provide funding for the continent’s security while letting the governments act however they wanted and while treating them as the primary parties in the proxy war we’ve been bankrolling. By all indications, the Trump administration’s goal here is to pressure European governments to spend more of their own taxpayers’ money to fund NATO. Which is unfortunate, because Europe is deep in a self-inflicted decline right now, and US taxpayers should not be forced to take part in it at all.

From an American perspective, the decline of Europe is tragic as some of the best aspects of our institutions and culture can be drawn back to the period of Europe’s rise. After the fall of the Roman Empire, Western Europe splintered into many small political units. The relatively small territories of these states, along with the presence of strong non-state institutions like the Church and an international merchant class, meant power was highly decentralized. As scholars like Ralph Raico, Nathan Rosenberg, and L.E. Birdzel Jr. have demonstrated, the highly decentralized set-up of Europe in the Middle Ages was the primary factor in generating the prosperity that went on to give the West more power and a safer, more comfortable standard of living than any other civilization in history. A respect for private property rights virtually unseen up to that point helped to create a justice system that only compounded the West’s success.

Unfortunately, the immense amount of wealth also allowed governments to siphon some of it off and grow very powerful. Chief among them was the British government, which used its people’s wealth to build the first truly globe-spanning empire. The British and other European ruling classes presented their lavish governments and foreign expansionism as a sign of national glory. But the rise of these large, powerful states represented the steady abandonment of the very institutions that had fueled Europe’s growth. The astonishing productivity of the Industrial Revolution kept the party going through the 1800s. But, famously, a series of war guarantees pulled nearly all of Europe into the largest, bloodiest war the world had seen in 1914. The sheer brutality of the war and the decisive defeat of the Central Powers—brought about by the US’s unnecessary entrance—set the stage for the rise of the Nazis and the second world war.

And WWII obliterated what remained of European power. In the decades since, much of Western Europe has sunk to the level of becoming de facto vassals of Washington, DC while moving even further away from decentralized institutions and a respect for private property rights. Which brings us to the European situation that Trump, Vance, and Hegseth confronted last week as they took the reins of the American government. Western European governments have instituted totalitarianism in the name of averting the rise of totalitarianism and built up another large network of war guarantees in the name of preventing another world war. The European establishment is seemingly still so traumatized from WWII that it acts like history began in 1933 and ignores all the important lessons from before that date.

After Vance’s comments last week, European officials went in front of the media and mounted a passionate defense of their totalitarian crackdown on dissent. And, as Trump finally moves to end US involvement in the war in Ukraine, European leaders are scrambling to find ways to independently double down on the same security set-up that helped bring the war about in the first place. The decline of Europe is a sad thing to watch. But the reaction from European officials to Vance calling them out on some aspects of that decline confirms that the people currently in charge over there will not be changing direction any time soon. If Europe is really set on shrinking back into obscurity through domestic totalitarianism, economic stagnation, or by setting off a new continent-wide war, American taxpayers should not be forced to help.

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“..it seems everywhere but the Indo-Pacific region is expendable..”

“And Just Like That” – Does NATO Even Exist Any More? (Every)

Even shrugging off three-plus weeks of shocking headlines, some in markets must surely wake up today “And just like that…” realize the world around them has changed dramatically. We no longer live in a market dream Manhattan with glamour, lunches, petty insults, and expensive shoes. Rather, we are in a reality with clamor, golf games, petty insults, and expensive jackboots. President Trump has called President Zelenskyy a corrupt “dictator” who ‘started the Ukraine War,’ warning he must make a deal while he ‘still has a country left.’ That sounded like Kremlin terminology to many European ears. Yet the US walking away from Ukraine without them even being at the table is no shock historically: does one not recall the fate of the Afghan government? Or President Mubarak? Or the South Vietnamese?

In response, Europe is assembling a crisis group of the EU, except Slovakia and Hungary, and everyone in NATO, except those two… and the US. This leads some to wonder if NATO can hold together. Yet without it, what can the others do? Even as the UK and France float air support for Ukraine, bringing them close to confrontation with Russia, that still requires US logistics: some ‘Great Power’ and ‘strategic autonomy’. Where next if the US defence umbrella which markets have been able to lunch and golf under since 1945/1991 folds? That question is also aimed at the EU. As Professor of European Studies @stefanauer_hku warns: “EUrope is finished. And it’s not just that France and Germany might no longer find it possible to work together (as @BecirovicMuamer points out). There will be conflicts between those countries who continue seeking security from the US (e.g., Poland) and those who won’t.”

Making his point, the Financial Times says European bond yields are rising and curves steepening on the prospect of that higher defence spending, i.e., Denmark just raised its arms spending by a massive 70%; as Ireland’s finance minister, the president of the group of Eurozone finance ministers, states the EU should stick to its spending rules rather than increasing defence investment – and who knows more about defence spending than… Ireland? Beyond the fiscal side, unless one boosts industrial production in tandem, which involves “What is GDP *for*?” choices, then higher defence spending just sucks in imports – and of whose weapons, if Europe and the UK don’t make them, and the US is seen as unreliable?

This isn’t solely an EU issue: China just sailed a warship 150 nautical miles from Sydney, showing its new power projection. Australians may tell themselves that it was just scouting for beach-side property in the eastern suburbs, but that is not much comfort. The jobs numbers today Down Under (+44K vs. +20K consensus) may have been good enough to keep the RBA on hold after their recent cut, but it’s no longer the major focus in Canberra, one might think. Indeed, the Washington Post reports Defence Secretary Hegseth has ordered 8% Pentagon budget cuts for each of the next FIVE years, which would almost halve current spending. Even addressing layers of fat and invoice-padding, it seems everywhere but the Indo-Pacific region is expendable. Of course, Congress may not agree, but if it does, many will be asking who has their back. One would assume the long end of curves will go back up to reflect that defence spending and uncertainty.

In what would otherwise be headline news, Elon Musk has floated sending $5,000 checks to each American from apparent DOGE savings, as Trump said he favoured sharing 20% of the total saved. Of course, this is all past (mis?)spending and that would just bring the US deficit back again. Undeterred, Commerce Secretary Lutnick stated a White House goal is to remove the IRS, as Trump backs the House budget bill that includes $4.5 trillion in tax cuts: note the 100% expensing for new US factories, the 15% for anything made in America, and lower taxes on oil producers in an attempt to drive energy prices down further. And that’s as President Putin floats an energy summit between himself, the US, and Saudi Arabia, who together control 40% of the world’s oil, following on from the US and Russia already suggesting that they may develop Arctic oil together.

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“Donald Trump’s representatives, rather than signaling a strategic retreat, have simply mocked EU leaders for their dependency.”

EU Leaders Fear America More Than They Fear Russia (Bordachev)

The uproar over the transatlantic rift on display at the recent Munich Security Conference will linger for some time. We will see more statements from Western European politicians, editorials in British newspapers urging Europe to stand up to Washington, and appeals for strategic autonomy. Yet, despite all this sound and fury, nothing fundamental is likely to change in US-EU relations. The real issue at hand isn’t whether Washington will abandon Europe. That is a false pretext – a smokescreen crafted by EU leaders to justify continued submission to their American patrons. Europe remains at the center of global politics not because of its own strength, but because it sits at the fault line of the US-Russia confrontation.

The presence of American nuclear weapons on European soil, the thousands of US troops stationed across the continent, and the continued relevance of NATO underscore one simple fact: Washington has no intention of loosening its grip on its European allies. The behavior of today’s European politicians is best captured by the old American folk tale of Brother Rabbit. Cornered by Brother Fox, the rabbit pleads, “Do anything, but don’t throw me into the thorn bush!” – knowing full well that the thorn bush is his safest refuge. European leaders perform similar theatrics, lamenting the prospect of being abandoned by the US, knowing full well that Washington will never truly leave. From Berlin to Paris, Rome to Madrid, Western European leaders publicly decry the risks of American disengagement. But this is grand theater. Their real fear is not Russia – it is the possibility that Washington might actually listen to their complaints and allow them to fend for themselves.

The truth is that none of the major EU states – Germany, France, or Italy – wants to engage in a war with Russia. Their citizens have no appetite for it. Unlike in 1914 or 1939, there is no mass mobilization of the public for conflict. Even Poland, despite its aggressive rhetoric, knows that its electorate has no stomach for prolonged military entanglement. A few thousand mercenaries may be sent to Ukraine, but they will not change the tide of war. The exception to this pragmatism lies in the small, vocal anti-Russian states – the Baltic republics, the Czech Republic, and some Scandinavian governments. But if Germany and France ever decided to pursue real diplomacy with Moscow, the concerns of these minor players would be irrelevant. Historically, the Nord Stream gas pipelines were constructed despite worsening Russia-EU relations because Berlin’s economic interests dictated it. The same could happen again, given the right conditions.

The greatest fear among Europe’s most ardent Atlanticists – especially in the Baltic states and Kiev – is not Russia. It is the potential for Germany and France to strike a separate deal with Moscow. Such a scenario would relegate them to irrelevance, a prospect that terrifies them more than anything else. But Western Europe’s ability to chart an independent course is constrained by American influence. The US maintains its dominance through military presence, economic penetration, and intelligence operations in key European countries. Germany and Italy, both defeated in World War II, remain under de facto American oversight. As long as this reality persists, Europe will remain geopolitically captive – whether it wants to be or not. Donald Trump’s representatives, rather than signaling a strategic retreat, have simply mocked EU leaders for their dependency. And yet, these same European politicians continue to toe the American line, repeating tired narratives about the Russian threat and the need to defend Ukraine. Why? Because they fear the consequences of American retaliation.

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“..the “presence of armed forces from NATO countries [in Ukraine]… is completely unacceptable to us.”

Kremlin Responds To Reports Of Plans For Western Troops In Ukraine (RT)

Moscow is concerned by reports that NATO member states are considering deploying troops to Ukraine, Kremlin spokesman Dmitry Peskov has said, reiterating that such a scenario would be unacceptable to Russia. On Wednesday, The Telegraph and Bloomberg cited anonymous Western officials as saying that the UK and France were preparing to present US President Donald Trump with plans for the establishment of a “reassurance force” for Ukraine, should Kiev and Moscow agree a peace deal. In an interview with Fox News the same day, US National Security Adviser Mike Waltz confirmed that British Prime Minister Keir Starmer and French President Emmanuel Macron would visit Washington next week. Speaking to reporters on Thursday, Peskov said Moscow is “certainly following all these reports most closely.”

Claims about the potential arrival of service members from NATO states in Ukraine “are causing concern,” he added, citing the ramifications this would have for Russia’s national security. “This is a very important topic to us,” Peskov said. He noted that Russian Foreign Minister Sergey Lavrov had stressed on Tuesday that the “presence of armed forces from NATO countries [in Ukraine]… is completely unacceptable to us.” The remark followed high-level Russia-US talks in Riyadh, Saudi Arabia, where the two nations agreed to work toward normalizing bilateral relations. According to The Telegraph and Bloomberg, the Anglo-French plan would involve around 30,000 troops being stationed in key Ukrainian cities and ports, as well as at nuclear power plants. The scheme purportedly envisages equipping the contingent with surveillance and reconnaissance aircraft as well as patrol vessels to monitor a potential peace agreement between Kiev and Moscow, with the US providing air cover in case of escalation.

In an article for The Telegraph on Sunday, Starmer proclaimed that the “UK is ready to play a leading role in accelerating work on security guarantees for Ukraine,” including by “putting our own troops on the ground if necessary.” Russia’s ambassador to the UN, Vassily Nebenzia, warned earlier this month that Western troops operating in Ukraine without Moscow’s consent would be seen as legitimate targets. A number of EU leaders, most notably French President Emmanuel Macron, have been floating the idea of sending military personnel to Ukraine since at least last February. Deliberations over such a move have reportedly intensified in recent months. Since Trump assumed office in January, his administration has signaled its willingness to scale down American involvement in Ukraine.

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Verhofstadt has for many years been the worst Brussels has to offer.

MEP Verhofstadt Says Trump Is ‘NATO’s Greatest Threat’ (RMX)

In an incendiary post on X, Belgian MEP Guy Verhofstadt called U.S. President Donald Trump the “greatest threat” to NATO, marking a sharp escalation in rhetoric, and potentially a threat to Trump himself. “Trump is Putin’s puppet, and he’s making it clear: NATO’s greatest threat isn’t abroad, it’s sitting in the White House. Blaming Zelensky for Russia’s war is outright Kremlin’s propaganda. He’s not just betraying the Atlantic alliance—he’s working to dismantle it. Europe, wake up NOW before it’s too late,” wrote Verhofstadt. The remarks come after an increasing war of words between Trump and Ukrainian President Volodymyr Zelensky, who Trump has now labeled a “dictator.” The U.S. president is seeking a peace deal to end the war in Russia and has sharply turned against Zelensky.

Trump said he had “4% support” in the country and needed to call new elections. He has also raised questions about what he says is $350 billion in missing funds. Zelensky was known to keep offshore accounts before the war and was named in the Pandora Papers. Accusations have swirled about Zelensky’s assets but much of it remains hidden in offshore bank accounts. Officially, he has approximately $4 million in assets. As for Verhofstadt, the very wealthy left-liberal politician is known for his deep hatred of politicians who oppose his agenda, with Hungarian Prime Minister Viktor Orbán one of his top targets.

In 2022, for instance, Verhofstadt called Orbán a “traitor” for his efforts to end the war in Ukraine. However, labeling Trump the “biggest threat” of NATO has borderline militaristic implications and calls into question what Verhofstadt thinks Europe should do about what he believes to be the biggest “threat” to the largest military alliance in history. The comments section to his post is lively, with some asking if Verhofstadt’s comment constitutes a threat in itself. Others point out to the incredibly lopsided amount of American military spending in comparison to Europe.

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“Trump and his team see the European Union not as a great power, but as a weak and divided entity that clings to illusions of parity with the United States..”

Russia’s Long-Term Play Is Much Bigger Than Ukraine (Trenin)

The reopening of US-Russia dialogue has triggered alarm, especially in Western Europe, where many see it as a potential repeat of Yalta — a grand power settlement taking place over their heads. Much of the commentary has been exaggerated. Yet, the pace of global change has clearly accelerated. The words and actions of US President Donald Trump, Vice President J.D. Vance, and other key Republican figures over the past ten days suggest that Washington has stopped resisting the shift to a new world order and is now trying to lead it. This is a well-known US tactic: when the tide of history turns, America prefers to surf rather than sink. Trump’s administration is not clinging to the crumbling post-Cold War unipolar order; instead, it is reshaping US foreign policy to secure America’s primacy in a multipolar world.

As Secretary of State Marco Rubio bluntly stated, multipolarity is already a reality. Washington’s goal is to be primus inter pares — first among equals — rather than a declining hegemon. Trump’s vision for North America is straightforward: from Greenland to Mexico and Panama, the entire region will be firmly bound to the US, either as part of its economic engine or under its military umbrella. Latin America remains an extension of this sphere, with Washington ensuring that outside powers — China, for example — do not gain undue influence. The Monroe Doctrine, in spirit, remains very much alive. Western Europe, however, is another matter. From Trump’s perspective, the continent is like a spoiled child — too long indulged, too dependent on American protection. The new US stance is clear: Europe must pay its way, both in military and economic terms.

Trump and his team see the European Union not as a great power, but as a weak and divided entity that clings to illusions of parity with the United States. NATO, meanwhile, is viewed as a tool that has outlived its purpose — one that Washington is willing to use, but only under its own terms. The US wants Western Europe as a geopolitical counterweight to Russia but has little patience for the EU’s pretensions of independence. While Europe remains an irritant, China is Trump’s real focus. His administration is determined to ensure that Beijing never surpasses Washington as the dominant world power. Unlike the Soviet Union during the Cold War, China poses a far greater economic and technological challenge to US supremacy. However, Trump sees an opportunity in multipolarity: rather than engaging in a global Cold War, America can leverage great power balancing to keep China in check.

India plays a central role in this strategy. Trump has already hosted Prime Minister Narendra Modi, signaling Washington’s commitment to deepening economic and technological ties with New Delhi. While India’s relations with China have somewhat stabilized since last year’s Modi-Xi meeting at the BRICS summit in Kazan, their long-term rivalry remains. The US is eager to nurture this divide, using India as a counterweight to Beijing in the Indo-Pacific region. This wider geopolitical context frames the latest shifts in US-Russia relations. Trump appears to have concluded that his predecessors — Joe Biden and Barack Obama — made critical miscalculations that pushed Moscow into China’s orbit. By aggressively expanding NATO and isolating Russia through sanctions, Washington inadvertently strengthened a Eurasian bloc that now includes Iran and North Korea.

Trump has recognized the failure of Biden’s Ukraine strategy. The goal of delivering a “strategic defeat” to Russia — militarily, economically, and politically — has failed. Russia’s economy has withstood the unprecedented Western sanctions, its military has adapted, and Moscow remains a pivotal global player. Now, Trump is seeking a settlement in Ukraine that locks in the current frontlines while shifting the burden of supporting Kiev onto Europe. His administration also aims to weaken Russia’s ties with Beijing, Tehran, and Pyongyang. This is the real logic behind Trump’s outreach to Moscow — it is less about making peace with Russia and more about repositioning America for the long game against China.

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Time for the two to meet.

Points Trump Is Now Making Are What Russia Said All Along (Amar)

Let’s play a game: It’s called “Putin says, and so does Trump.” Because, recently, after years of disagreeing on, really, everything – from the order of the world to the meaning of simple phrases such as “not one inch” – the leaderships of Russia and the US have suddenly found not merely a common language, but a lot to agree on. In particular regarding Ukraine, which used to be the Ground Zero of their great disagreement. That’s a good thing in case you wonder. As in, the good things that keep the world from burning, literally. The US president has just observed that World War III had become a real possibility under the preceding Biden/Harris (or whoever was really in charge) administration. And he’s correct: There’s a reason why the metaphorical fingers of the famous Doomsday Clock of the Bulletin of the Atomic Scientists have crept “closer than ever” to “midnight.”

Now, the American president agrees with the Russian one that Ukraine’s leader Vladimir Zelensky is one election short. Indeed, in a withering social media post, Trump has been blunt: Zelensky is a “dictator.” Donald Trump and Vladimir Putin also see eye to eye concerning the root cause of the Ukraine War, namely NATO’s – that is, let’s be frank, America’s – predictably catastrophic yet perniciously obstinate policy of overreach. That in turn, means Trump and Putin also share a sensible and rather traditional assumption which – somehow – many in the West’s elites have managed to forget: namely that all great powers have legitimate security interests in their neighborhood.

With thinking in Washington and Moscow converging this far, it is no wonder that there is agreement now as well on centering their relationship on sensible and mutually respectful dialogue on national interests. And speaking of national interests, Trump has been clear that he can’t recognize any in sinking ceaseless billions into the Zelensky regime, its war, and its humungous corruption. True, the American president may have gotten his precise figures wrong, but for all the NAFO-id “fact-checkers” (i.e. info-warriors) out there: Don’t be silly: Trump’s key point stands, whether the US has wasted 500 or somewhere between 100 and 200 billion dollars on this bloody and stupid business.

So does, by the way, his characterization of Zelensky as a “dictator.” I know, for many in the West it feels like root canal extraction to finally face that reality, but the Zelensky regime is authoritarian and its leader had no right to give himself a waver on his last election. Therefore, his term ran out on 20 May 2024. Since then, like it or not, Zelensky’s legitimacy has at the very best been in an extremely murky gray zone. Moreover, he did not turn so bossy because of the military escalation of February 2022. In reality, his many prewar opponents and critics in Ukraine were accusing him – correctly – of severe authoritarian tendencies in 2021 already.

And make no mistake: this is not a “soft” authoritarianism. It hasn’t “merely” muzzled the media, as even the staunchly bellicist New York Times has admitted. Instead, this is a regime with teeth and claws and a great appetite for harsh repression. Ask the members supportterts of the 11 – yes: 11 – opposition parties the Zelensky regime has long suppressed. Or the clergy and believers of the Ukrainian Orthodox Church (UOC) that has simply been banned. There are also individuals suppressed by police-state methods and even murdered in detention. Consider the cases of, for instance, the socialist activist Bohdan Syrotiuk, currently being subjected to a political trial, and the libertarian Gonzalo Lira, a US citizen and social media journalist, whom Ukrainian authorities tortured and killed for his criticism of the proxy war and the Zelensky regime (and also robbed him).

As should be clear by now, Trump and Putin and more broadly Russia and the US are not agreeing because of some dark Russian information war magic. Zelensky’s silly – and very arrogant – attempt to depict the American president as a helpless victim of Moscow’s “disinformation” only made Trump even angrier. And rightly so. Because the reason for the new spirit of agreement between Washington and Moscow is simple: Regarding Ukraine, the US government under Trump has rediscovered reality.

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“..he had proposed talks with China and Russia to discuss reducing all three nations’ nuclear stockpiles and cutting defense budgets in half..”

Trump Wants China Nuclear Deal – NYT (RT)

US President Donald Trump is seeking to strike a broad agreement with China that includes nuclear weapons security, the New York Times reported on Wednesday, citing White House advisers. According to the NYT, the desired deal would extend beyond trade relations, incorporating substantial Chinese investments and commitments to purchase more American goods. It should also address nuclear security – an issue Trump intends to discuss personally with Chinese President Xi Jinping, “more than half a dozen” current and former Trump advisers told the outlet. Michael Pillsbury, a China expert who advised Trump during his first-term trade negotiations, told the NYT that Trump had shared with him “a few months ago” his desire to secure a deal with Xi “that benefits both sides.”

Significant obstacles remain, according to the advisers, particularly as the Trump administration has yet to clearly define what it wants from Beijing. China remains one of the ”biggest national security threats” to the US but is also a major trading partner and a pivotal actor on a range of issues, including nuclear security, technology and pandemic preparedness. The Pentagon has said recently that China is the main defense priority for the US, describing it as a “peer competitor” with both the capability and intent to threaten US national interests in the Indo-Pacific region. Last week, Trump told reporters at the White House he had proposed talks with China and Russia to discuss reducing all three nations’ nuclear stockpiles and cutting defense budgets in half. He said he hoped to meet with Xi and Russian President Vladimir Putin “when things calm down.”

According to the NYT, some Chinese analysts have downplayed the likelihood of a deal as the country’s officials remain cautious about Trump and expect tensions to continue. However, they’ve been reportedly working on a proposal that could bring the US president back to the table. Relations between the two countries worsened during Trump’s first term, escalating into a trade war, after he imposed billions in tariffs on Chinese goods in 2018, citing unfair trade practices and intellectual property theft. China retaliated with its own levies on American exports, deepening the standoff. In early 2020, both sides reached a Phase One trade deal, but many commitments fell short, partly due to the Covid-19 pandemic.

Trump has recently imposed new tariffs on key trade partners, including a 10% duty on Chinese imports on top of existing levies. China strongly opposed the move, retaliating with tariffs on key US exports while urging Washington to return to negotiations. Both China and Russia have expressed a willingness to collaborate with the US regarding nuclear disarmament. Beijing has reaffirmed its “no first use” policy in response to Trump’s reported proposal of future nuclear talks. Russia’s deputy UN ambassador, Dmitry Polyansky, has said that substantive discussions on disarmament could restart if Washington shifts its stance. The last binding bilateral nuclear arms treaty between the US and Russia is set to expire next year.

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Puppy

 

 

Sea

 

 

Train
https://twitter.com/i/status/1892525388317769823

 

 

Donkeys

 

 

Swim
https://twitter.com/i/status/1892231692691152989

 

 

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Feb 172025
 
 February 17, 2025  Posted by at 10:00 am Finance Tagged with: , , , , , , , ,  53 Responses »


Vincent van Gogh Agostina Segatori Sitting in the Café du Tambourin 1887

 

Trump Says Russia Isn’t A Threat To NATO (RT)
Trump Wants Ukraine Ceasefire By Easter (RT)
Europe & Zelensky Throw Tantrum After US Sidelines Them From Russia Talks (ZH)
Zelensky Is In A Very Bad Position – Tara Reade (RT)
Trump Envoy Sets Timeline For Ukraine Peace Plan (RT)
Trump’s Envoy Signals Possible Ukraine Concessions (RT)
Ukraine c – Kremlin (RT)
Russian Duma Speaker Predicts ‘Serious Changes’ For EU, Its Institutions (TASS)
AfD Candidate For German Chancellor Seeks End To Russia Sanctions (TASS)
Vance Meets Leader Of ‘Firewalled’ German AfD Party Backed By Musk (RT)
Germany Is Self-Imploding (Victor Davis Hanson)
From Rockefeller to Musk: How CEOs and Presidents Shape America (Bluey)
House GOP Drafting Impeachment Articles Against Judges Blocking DOGE (ZH)
Judge Declines to Halt Trump’s Firing of Inspectors General (ET)
Trump Makes First Supreme Court Appeal In Test of Power To Fire Officials (BBC)
Democrats and Unions Launch an Existential Fight Over Buyouts (Turley)
Rand Paul Supports Fort Knox Physical Audit (ZH)

 

 

 

 

RFK NATO

Kudlow

Speaker

DOGE

Mearsheimer

1993-2025

 

 

 

 

The big word is out.

Trump Says Russia Isn’t A Threat To NATO (RT)

US President Donald Trump has dismissed Ukrainian leader Vladimir Zelensky’s claim that Russian President Vladimir Putin wants a temporary pause in the conflict with Kiev to regroup and launch a full-scale war against NATO. Moscow has repeatedly ruled out any short-term truce, insisting on a permanent, legally binding agreement that addresses the root causes of the Ukraine conflict. However, Zelensky has insisted that he knows “for sure” that Putin wants a brief pause to “prepare, train, take off some sanctions” before launching an attack not only on Ukraine but also on NATO states. “It can happen in summer, maybe in the beginning, maybe in the end of summer. I don’t know when he prepares it, but it will happen,” Zelensky said in an interview with NBC News’ Meet the Press on Saturday.

Trump, however, has brushed aside Zelensky’s warning, telling reporters on Sunday that he does not agree with the Ukrainian leader’s assessment at all. “No, I don’t agree. Not even a little bit,” Trump said, adding that he believes what Putin truly wants for his country is to “stop fighting.” “They’ve been fighting for a long time. They’ve done it before… They have a big, powerful machine. They defeated Hitler and they defeated Napoleon,” Trump added. “But I think he would like to stop fighting.” Trump also said he expects to meet Putin in person “very soon,” following their “long and hard” phone conversation last week, which was their first known direct interaction since the escalation of the Ukraine conflict in February 2022. He also called Zelensky to “inform” him of the discussion, during which the Ukrainian leader allegedly reaffirmed that Kiev is also prepared to seek a resolution to the conflict.

Russia will need to take Ukraine’s lack of independence into account in any future negotiations, Kremlin spokesman Dmitry Peskov said on Sunday, recalling the failed 2014-2015 Minsk agreements. Trump’s special envoy, Keith Kellogg, also pointed to the collapse of the two prior arrangements, stating, “We are not gonna go down that path.” NATO has long described Russia as a direct threat in order to justify the bloc’s existence after the fall of the Soviet Union, and Western officials have repeatedly claimed that if Moscow wins the Ukraine conflict, it could attack other European countries.

Putin has dismissed the idea of a Russian attack on NATO as “nonsense,” telling US journalist Tucker Carlson last February that the bloc’s leaders are trying to scare their people with an imaginary threat, but that “smart people understand perfectly well that this is a fake.” Moscow has consistently opposed Ukraine’s NATO aspirations, citing the bloc’s eastward expansion as a threat to national security and describing it as a key factor behind the ongoing conflict with Kiev. Zelensky claimed at the Munich Security Conference that “right now the most influential member of NATO seems to be Putin because he seems able to block NATO decisions.” Trump has indicated that Washington will not support Kiev’s accession as part of a potential peace deal with Moscow, while his defense secretary, Pete Hegseth, described Ukraine’s NATO ambitions as “unrealistic.”

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False flag time?

Trump Wants Ukraine Ceasefire By Easter (RT)

The administration of US President Donald Trump is pushing for a ceasefire in the Ukraine conflict by April 20, Bloomberg wrote on Sunday, citing anonymous sources. A US peace plan could be forthcoming within weeks or even days, Keith Kellogg, Trump’s special envoy on Russia and Ukraine, said on the sidelines of the Munich Security Conference on Saturday. ”The Trump administration has told European officials that it wants to secure a ceasefire in Ukraine by Easter,” Bloomberg said, citing sources briefed on the talks. According to the outlet, some European officials felt the pace of the negotiations was ambitious and possibly unrealistic. Talks are reportedly set to kick off with a meeting of Russian and US representatives in Saudi Arabia in the coming days.

Europe will not be given a place in the negotiations, Kellogg told top European diplomats on Saturday. Despite this, UK and EU officials fear the US expects them to shoulder the burden of Ukraine’s post-war security, Financial Times wrote on Thursday. The envoy justified the exclusion of Europe, citing the legacy of the Minsk-2 agreement between Ukraine and now Russian Donetsk and Lugansk People’s Republics in 2015. Germany and France stood as guarantors to the failed accord, which then German chancellor Angela Merkel later admitted was just meant to buy Kiev time to strengthen itself. “When you looked at Minsk-2, there was a lot of people at the table that really had no ability to execute some type of peace process, and it failed miserably. So we are not gonna go down that path,” Kellogg said.

Moscow has similarly underscored that it will not accept a temporary freeze of hostilities, like the Minsk accords, and insists on a permanent solution that addresses the fundamental causes of the conflict. Just days prior, Russian President Vladimir Putin and Trump held a phone conversation in the first such interaction since the escalation of the Ukraine conflict in February 2022. The two leaders could meet in Saudi Arabia by the end of this month, Newsweek wrote on Sunday, citing reports. Putin has previously stressed that Moscow has never shied away from peace talks, but emphasized that they have to be based on terms previously agreed in Istanbul in 2022, modified for the territorial “realities on the ground.” Russia has demanded that Ukraine embrace neutrality, demilitarize, denazify and remain free of nuclear weapons, among other points.

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I’m [from] a school of realism,” Kellogg said, regarding Europe having a seat at the table during negotiations. “I think that’s not going to happen.”

Europe & Zelensky Throw Tantrum After US Sidelines Them From Russia Talks (ZH)

Europe will not be included in peace talks for Ukraine, President Donald Trump’s Ukraine envoy said on Feb. 15 after sending a questionnaire to European capitals asking what they could offer in security guarantees for Kyiv. As The Epoch Times’ Jacob Burg reports, on Sunday, France said it will host a summit of European leaders on Monday to discuss the Russia–Ukraine war and European security after retired Lt. Gen. Keith Kellogg, Trump’s special envoy for Ukraine and Russia, didn’t include Europe in negotiations over Ukraine’s future following years of war with Russia. France President Emmanuel Macron “will convene the main European countries to discuss European security,” Foreign Minister Jean-Noel Barrot told France Inter radio. Barrot described the meeting as a working session and emphasized it should not be “overdramatized.” The office of the French presidency has not yet announced the meeting.

Macron has invited at least Britain, Germany, Poland, Italy, and Denmark, representing the Baltic and Scandinavian countries, the European Union leadership, and the NATO secretary general, according to six European diplomats. They said the purpose of the meeting is to discuss what immediate help can be given to Ukraine and the role Europe can play in providing both security guarantees to Kyiv and Europe at large. Trump called Russian President Vladimir Putin last week before consulting European or Ukrainian leaders, saying peace talks had begun. The Trump administration is pushing European allies in NATO to take a primary role in security guarantees for the region as the United States prioritizes border security and counters Chinese political and military influence.

At a global security conference in Munich, Kellogg said the United States would act as an intermediary in talks between Ukraine and Russia. “I’m [from] a school of realism,” Kellogg said, regarding Europe having a seat at the table during negotiations. “I think that’s not going to happen.” In trying to reassure Europeans, Kellogg said it doesn’t mean “their interests are not considered, used, or developed.” Some European leaders pushed back on being sidelined for talks. “There’s no way in which we can have discussions or negotiations about Ukraine, Ukraine’s future or European security structure, without Europeans,” Finland’s President Alexander Stubb told reporters in Munich. “But this means that Europe needs to get its act together. Europe needs to talk less and do more.”

The questionnaire Kellogg sent to Europeans “will force Europeans to think,” Stubb said. Kaja Kallas, the High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission, was more explicit stating that “if somebody agrees something and I mean, everybody else says ‘okay fine!’ you have agreed, but we will not follow this!” She added that EU’s position is “our importance” trumps any peace! NATO Secretary General Mark Rutte urged Europeans to get involved.

https://twitter.com/i/status/1891086302222618790

“And to my European friends, I would say, get into the debate, not by complaining that you might, yes or no, be at the table, but by coming up with concrete proposals, ideas, ramp up [defense] spending,” he said. Kellogg said that territorial concessions from Russia and targeting its oil revenues could be included in the talks over ending the war between it and Ukraine. “Russia is really a petro-state,” he said, adding that the West needs to do more in adequately enforcing sanctions against Russia. U.S. and Russian officials will meet in Saudi Arabia in the coming days for continued peace talks, according to Rep. Michael McCaul (R-Texas). After meeting with Vice President JD Vance in Germany on Feb. 14, Ukrainian President Volodymyr Zelensky said his nation was not invited to the talks in Saudi Arabia and that Kyiv would consult with strategic partners before engaging with Russia.

“This is the war in Ukraine against us, and it is our human losses,” President Zelensky told Meet The Press this morning. “We are thankful for all the support, unity in the USA around Ukraine support, bipartisan unity, bipartisan support,” adding that “we are thankful for all of this, but there is no leader in the world who can really make a deal with Putin without us, about us.” “I will never accept any decisions between the United States and Russia about Ukraine. Never,” he exclaimed. Secretary of State Marco Rubio, National Security Adviser Mike Waltz, and White House Middle East Envoy Steve Witkoff will travel to Saudi Arabia, McCaul said. The talks are meant to arrange a meeting between Trump, Putin, and Zelensky to “finally bring peace and end this conflict,” he said.

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“Zelensky is probably trying to figure out an exit route, among other things..” [..] “I think he wouldn’t be elected, obviously.”

Zelensky Is In A Very Bad Position – Tara Reade (RT)

Ukraine’s Vladimir Zelensky is far from being in a winning position at the moment, RT contributor Tara Reade has said. The former aide to Joe Biden specified that Washington is no longer fighting a proxy war against Russia via Kiev, making the Ukrainian leader useless to both the EU and the US. The comment comes after Russian President Vladimir Putin held a phone conversation with his US counterpart Donald Trump on Wednesday, the first known contact between the heads of state of the two nations since the escalation of the Ukraine conflict in February 2022. “Zelensky is probably trying to figure out an exit route, among other things,” Reade said, adding that running for president again was not an option for the former comedian. “I think he wouldn’t be elected, obviously.”

The Ukrainian leader’s presidential term expired in May 2024, but he has refused to hold elections, citing martial law. Trump has also acknowledged that Kiev will eventually have to hold elections and noted that Zelensky might not serve another term, saying his domestic poll numbers “aren’t particularly great, to put it mildly.” “He’s basically sacrificed a generation of men for what? To give rare earth minerals to the US? To give 22% of the lands to Russia?” Reade said, emphasizing that Zelensky was “in a very bad position.” The comment refers to recent statements made by Trump, who demanded the “equivalent of $500 billion worth of rare earths” from Kiev in exchange for what the president estimated to be “more than $300 billion” Washington had provided in aid since the escalation of the conflict with Moscow.

US Treasury Secretary Scott Bessent presented Trump’s proposal to Zelensky during their meeting in Kiev earlier this week. According to multiple media reports, the deal outlines that Washington would receive a 50% stake in Ukraine’s rare earth minerals as compensation for the American aid. On Saturday, the Financial Times reported, citing people familiar with the negotiations, that Ukraine had rejected the bid, citing the lack of security guarantees. According to Ukraine’s Institute of Geology, the country’s deposits include lanthanum, cerium, neodymium, erbium and yttrium. However, Zelensky recently admitted that a large chunk of Ukraine’s mineral-rich territories, some 20%, is currently under Russian control.

NBC reported on Saturday, citing unnamed officials, that the White House could send troops to guard Ukraine’s rare earth minerals. The deployment of military forces could reportedly come after Russia and Ukraine reached a deal to end the ongoing conflict. Reade said the reported troop deployment is unlikely. “There’s a will for there to be a different relationship with Russia.” She highlighted that US Defense Secretary Pete Hegseth had said definitively “that there would be no US troops in Ukraine” and “US involvement in providing money and weapons was going to end.”

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“..I’m not talking six months, I’m talking days and weeks..”

Trump Envoy Sets Timeline For Ukraine Peace Plan (RT)

A US peace plan for Moscow and Kiev could come within days or weeks, President Donald Trump’s special envoy on Russia and Ukraine, Keith Kellogg, said Saturday on the sidelines of the Munich Security Conference. In January, the WSJ reported that Trump had tasked Kellogg with outlining a settlement to the Ukraine conflict within 100 days. At the same time, the US president warned of new sanctions if Moscow refused an unspecified plan, but emphasized that he was “not looking to hurt Russia.” “You got to give us a bit of breathing space and time, but when I say that, I’m not talking six months, I’m talking days and weeks,” Kellogg projected as cited by CNBC, adding that he was “on Trump time.” “He’ll ask you to do this job today and he’ll want to know tomorrow why it isn’t solved,” Kellogg emphasized.

Earlier this week, Russian President Vladimir Putin spoke by phone with his US counterpart, marking their first known high-level direct contact between Moscow and Washington since the escalation of the Ukraine conflict in February 2022. According to the Kremlin, the US leader expressed support for the swift cessation of hostilities and a peaceful resolution, while Putin mentioned the necessity of addressing the root causes of the conflict, but that a long-term settlement could be achieved through negotiations. Following the conversation, Trump wrote on his platform Truth Social that Washington and Moscow were immediately beginning discussions to resolve the conflict. Trump also said that American and Russian officials might meet during the conference in Munich, adding that Ukraine was also invited to participate. However, no such meeting was reported by the conference organizers or news outlets.

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Russia’s been very clear.

Trump’s Envoy Signals Possible Ukraine Concessions (RT)

Territorial concessions may be part of future peace talks between Moscow and Kiev, US President Donald Trump’s special envoy on Russia and Ukraine has suggested. Speaking on Saturday at the Munich Security Conference, Keith Kellogg emphasized that while some things are off the table, compromise could play a role in the negotiations.“Some of [the concessions] are unrealistic to expect where you’d want to go to, but it’s territorial. It could be the engagement of refusing to use force, renouncement of the use of force into the future,” Kellogg said. He added that both Russia and Ukraine might have to make concessions during talks. Russian President Vladimir Putin has previously indicated that Moscow would be open to an immediate ceasefire and peace talks if Ukraine withdrew its troops from the Donetsk, Lugansk, Kherson, and Zaporozhye regions, which formally joined Russia following referendums in 2022.

However, in August 2024, Putin dismissed negotiations, citing the Ukrainian military presence in Russia’s Kursk Region. Kellogg also mentioned the necessity of “breaking alliances” between Russia and North Korea, Iran, and China, which he claims have strengthened over the past four years. Earlier this week, Putin spoke by phone with Trump, marking the first known high-level direct contact between Moscow and Washington since the escalation of the Ukraine conflict in February 2022.

According to the Kremlin, Trump expressed support for the swift cessation of hostilities and a peaceful resolution, while Putin mentioned a need to address the root causes of the conflict, agreeing that a long-term settlement could be achieved through negotiations. Following the conversation, the US President wrote on his platform Truth Social that Washington and Moscow were immediately beginning discussions to end the fighting. Russia has yet to confirm any details, but according to multiple media reports, a US delegation – likely composed of national security officials – will travel to Saudi Arabia in the coming days for talks with their counterparts from Moscow. Trump also said that American and Russian officials might meet during the conference in Munich, adding that Ukraine was also invited to participate. However, no such meeting was reported by the conference organizers or news outlets.

Kellogg
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“That country cannot really answer for its words..”

Ukraine Lacks Sovereignty – Kremlin (RT)

Russia will need to take Ukraine’s lack of independence into account in any future negotiations, Kremlin spokesman Dmitry Peskov has said. Given that in the past, Kiev backtracked on its promises at the behest of other countries, Moscow will need to consider this lack of autonomy in any upcoming talks, Peskov said in an interview published by Russia 1 TV journalist Pavel Zarubin on Sunday. “That country cannot really answer for its words,” the spokesman said. “Each time it is necessary to make a certain adjustment when negotiating with them, for their deficit of sovereignty and the deficit of trust in them. Which will not go anywhere,” Peskov added.

The Kremlin spokesman cited the ill-fated 2014-2015 Minsk Agreements and the failed negotiations Moscow and Kiev held in Istanbul in 2022, soon after the full-blown escalation of the Ukraine conflict. The Minsk ceasefire, which was ostensibly intended to freeze the conflict between Kiev and the Donetsk and Lugansk People’s Republics, was in fact only “an attempt to give Ukraine time” to build strength, former German Chancellor Angela Merkel admitted to Die Zeit in 2022. “Ukraine would have been whole,” if the Minsk agreements had been followed, “and there would have been no civil war, and Russian people in the Donbass would have had no desire to separate from Ukraine,” Peskov claimed. Similarly, Moscow and Kiev had already agreed on several points during the initial peace talks in Istanbul in 2022, the spokesman added.

“The [papers] were ready, they were ready to be signed. Then another side said, no, you can’t. And they were thrown out,” he said. According to Ukrainian MP David Arakhamia, who was Kiev’s chief negotiator at the talks, then UK Prime Minister Boris Johnson came in person to demand that nothing be signed and that Ukraine continue fighting. Moscow has ruled out any temporary solution akin to the Minsk agreements, insisting on a permanent, legally binding solution that addresses the core causes of the conflict. Any such settlement would need to be based on the points previously agreed upon in Istanbul, adjusted for the territorial “realities on the ground,” Russia has stated.

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“Democratic procedures in many EU countries have become window dressing. They have long been forgotten..”

Russian Duma Speaker Predicts ‘Serious Changes’ For EU, Its Institutions (TASS)

State Duma Speaker Vyacheslav Volodin said the Munich Security Conference suggested that the EU and its international institutions are in for serious changes. “Analyzing what happened in Munich, we can say with certainty: There are serious changes in store for the EU and its international institutions, including parliamentary ones,” he wrote on Telegram. “They will be difficult and painful.” According to Volodin, US Vice President JD Vance gave an accurate assessment of the situation in European countries at the conference. “He was not supported. Conference participants were not ready to hear the truth about themselves,” the lawmaker said.

The Duma speaker also said the institution of democracy in the EU was in a poor state. “Democratic procedures in many EU countries have become window dressing. They have long been forgotten and ignored in pan-European structures,” he said. “Therefore, the healthy forces that want to meet the public demand for the renewal of power will wage an uphill battle. They will face all kinds of hurdles meant to prevent them from going through the election procedure. Just like it happened in Romania during the presidential campaign. Or in France and Germany, when undesirable political parties won. But change is inevitable,” Volodin said.

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“..the delivery of German tanks to Ukraine, which are now “being used against Russia for the first time since the Second World War,” shows that the German government has completely forgotten history.”

AfD Candidate For German Chancellor Seeks End To Russia Sanctions (TASS)

Alice Weidel, a candidate for German chancellor from the Alternative for Germany, accused the government of stoking tensions with Russia over the recent three years with such moves as supplying arms to Ukraine, according to Bild. “What has the German government been doing with regard to Russia for the last three years? We have been intensifying the escalation spiral. We have opposed Russia verbally, financially and even with arms deliveries,” she said in an interview with the newspaper. According to the politician, the delivery of German tanks to Ukraine, which are now “being used against Russia for the first time since the Second World War,” shows that the German government has completely forgotten history.

Weidel also called for talks on the settlement of the Ukraine conflict to start swiftly and urged an end to the sanctions policy, which is crippling German economy. Germany is the second-largest arms supplier to Ukraine after the US. According to German government spokesman Steffen Hebestreit, Germany has provided 44 billion euros in various assistance to Ukraine since the start of the conflict. In the 2025 budget proposal, the country allocated 4 billion euros for the support, half the amount it spent this year. However, the Bundestag has yet to greenlight the budget proposal.

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For Scholz et el, that’s like meeting with the devil..

Vance Meets Leader Of ‘Firewalled’ German AfD Party Backed By Musk (RT)

US Vice President J.D. Vance met with Alice Weidel, the leader of Germany’s ‘firewalled’ Alternative for Germany (AfD) party, on Friday. Vance was in the country to attend the annual Munich Security Conference. Their meeting reportedly lasted about half an hour and focused on the Ukraine conflict, German domestic policies, and freedom of speech, including the so-called ‘Brandmauer’, or “firewall against the right.” The term refers to a stance embraced by mainstream German parties that aims to prevent the right-wing powers from joining ruling coalitions in the country. News of the meeting came after Vance slammed European politicians for “fearing” their own voters by refusing to engage with right-wing parties in a speech on Friday. While he did not mention the AfD directly, he said European governments should drop “firewalls” and “embrace” public opinion or lose the right to be called democratic.

Vance referred to the recent endorsement of Weidel for German chancellor by Elon Musk, a close ally to US President Donald Trump, whose online presence at an AfD rally in Halle last month resulted in accusations of election interference from the German government. The vice president dismissed the allegations, painting Musk’s endorsement as an example of free speech, a core democratic value. He chided the European establishment for criticizing Musk, and said he feared free speech was “in retreat” across the continent.

The AfD denies being far-right, insisting that it promotes the interests of the German people with its anti-immigration stance. It has, however, been put under surveillance for suspected extremism by German intelligence. Despite the allegations, public support for the party has been growing, and it is currently polling in second place ahead of the German parliamentary election on February 23, with 21% of the public saying they support it. Weidel did not comment on her meeting with Vance, but praised his remarks in Munich in a post on X, saying they were “excellent” and applauding his comment regarding firewalls.

According to Reuters, citing Vance’s office, he met with leaders of all of Germany’s major political parties while in Munich, including Friedrich Merz, the head of the center-right Christian Democratic Union (CDU), which is currently leading in the polls. After meeting with Vance, Merz said in a post on X that he and the vice president “reaffirmed the special importance of transatlantic relations.” However, he later described Vance’s speech in Munich as “little short of interference.” Other German politicians have also criticized Vance for his remarks targeting their policies, with incumbent Chancellor Olaf Scholz posting on X that “the extreme right should be out of political decision-making processes” in Germany and stating that Vance had no right to give the country advice on the issue.

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“..we’re here 80 years after the rejection of the Morgenthau Plan and the German people, or the German leadership, have essentially updated it and inflicted it on themselves willingly..”

Germany Is Self-Imploding (Victor Davis Hanson)

Hi, I’m Victor Davis Hanson, today I’d like to talk about the crisis facing Europe, specifically its self-implosion across the spectrum—energy, population, fertility, defense. Germany, for example, has been systematically shutting down its nuclear plants and, for a while, its natural gas electrical generation plants. It’s relying, believe it or not, more on oil and coal. But the net result of all of this deliberate turn to wind and solar, at the expense of fossil fuels and nuclear, is that it costs about four times more to use electricity in Germany than it does on average throughout the United States. That’s not the only problem. Germany is deindustrializing. And by that I mean it’s losing about 200,000 jobs in its auto industry due to these high energy prices and regulations. Its green mandates, especially electric vehicle mandates, have revolutionized the car industry, in the sense that they’re not selling abroad as they did in the past.

In addition to that, Germany’s disarmed. They only have about 125 attack aircraft. They have very few armored vehicles. Their active military is only about 180,000 soldiers. They have 84 million people in the country. The fertility rate is getting very close to 1.4. I know we have problems here in the United States at 1.6, but 1.4. And they don’t have borders. They have had a million to 2 million illegal aliens just prance into Germany, especially during the last years of the Merkel chancellorship. In terms of percentage of foreign-born, Germany has more foreign-born than does the United States, which doesn’t have a border in the south, at least until Donald Trump comes in. Twenty percent of the German population is foreign-born. Why am I mentioning all of this?

Because Germany represents the powerhouse, traditionally, of the European economy, and even culture, and it’s starting to implode. The euro, the benchmark of European financial health, is about, right now as I speak at the end of December, one dollar to one euro, and sometimes even less for the euro. That’s very strange because when I used to run a travel company to go to Europe—I remember in 2008, the euro was 1.6, almost 1.7 per the dollar. So what’s happening is that Germany is, I guess we would call it, undertaking a slow-motion suicide. But here’s the irony. In September 1944, at the height of World War II, the secretary of the treasury under the Roosevelt administration, Henry Morgenthau, had a plan for postwar Germany when it was defeated.

He didn’t want another war—the Franco-Prussian War of 1870–71, World War I, World War II. He said, “Enough.” So what did he do? He submitted a plan that was going to deindustrialize Germany, depopulate Germany, change its borders. It was almost as if he was trying to turn it into something like Tacitus’ description of first-century A.D. Germany, as a pastoral, agrarian society. In fact, he explicitly said that. When Joseph Goebbels heard about this, he said, “Oh my God, this is a gift. We’re losing the war. We’ll tell all of the German people they want us to be permanently pastoral. We’ll starve to death. And even if they don’t like the Nazis, as we’ve destroyed the country, you’re losing more, they’ll fight.”

Thankfully, George Marshall, chief of staff of the Army; ex-President Herbert Hoover; and others went to the Roosevelt administration and said, “If you institute this plan, they’re going to fight to the death. And we have bombed Germany. So when we get into Germany, you’ll see that it’s almost depopulated now.”The net result was they canceled the Morgenthau Plan that would have permanently made Germany depopulated, disarmed, deindustrialized. What’s my point in bringing up this historical example? We the victors of World War II thought imposing a plan of deliberate deindustrialization, depopulization, disarmament, open borders, destroyed borders would be too Carthaginian, and so we backed off. And now we’re here 80 years after the rejection of the Morgenthau Plan and the German people, or the German leadership, have essentially updated it and inflicted it on themselves willingly, not by coercion. That’s a tragic irony and it’s something we should all take a very close look at.

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Trump has a much more acute sense of presidential time and how limited it is and how you need to use it quickly or you don’t maximize its value..”

From Rockefeller to Musk: How CEOs and Presidents Shape America (Bluey)

One of America’s most successful businessmen is closely collaborating with the country’s commander-in-chief—with huge consequences for our government and economy. Elon Musk and President Donald Trump are the latest dynamic duo to showcase the role between private-sector CEO and America’s elected president. But they’re hardly alone in history. Presidential historian and former senior White House aide Tevi Troy writes about the complex relationships between corporate leaders and U.S. presidents in his latest book, “The Power and the Money: The Epic Clashes Between Commanders in Chief and Titans of Industry.” Troy spoke with The Daily Signal about the historical examples he’s studied and more recent events.

Less than a month into Trump’s second term, Troy already sees notable differences from Trump’s first term. He said Trump’s previous presidential experience is clearly shaping his leadership style and use of executive time. “It really is a remarkable opening to a presidency and shows the contrast between someone who goes into the presidency not sure what they’re to do, which included Trump’s first term, but also Bill Clinton at the beginning of his administration, and then someone who comes in with experience who says, ‘I know exactly what I’m going to do and I’m going to do it,’” said Troy, who is a senior fellow at the Ronald Reagan Institute. The presidential historian and author addressed the shifting dynamics between corporate America and the presidency, particularly with tech leaders like Musk, Mark Zuckerberg, Jeff Bezos, Sam Altman, and others who had front-row seats at Trump’s inauguration.

Troy explained that while these recent CEO moves toward Trump could be viewed as political opportunism, there’s more to the story. “The other side is how hostile the Biden administration was to these entities. Joe Biden even said, ‘I don’t like Mark Zuckerberg,’” Troy said. “Elon Musk had a whole bunch of regulatory actions targeting his companies.” Trump, meanwhile, appears to recognize that these corporate leaders—and their outsized role with artificial intelligence—will have far-reaching implications for American competitiveness. “We need to encourage AI so that America is the leader in AI going forward,” Troy said, suggesting that America’s free-market system provides an advantage over competitors like China, whose AI development is “handcuffed by the censorship of the Chinese Communist Party.”

Troy’s book, “The Power and the Money,” examines the relationships between 18 different CEOs and multiple presidents, offering insights into how these dynamics have shaped American policy and business over the past 150 years. For corporate leaders navigating today’s political landscape, Troy offered this advice: “CEOs need to increase their level of engagement in Washington, but decrease their level of partisanship. And that will allow them to be more influential over the course of multiple administrations.” As for Trump’s next four years, Troy has already observed a more strategic approach to staffing and time management in his second term. “Trump has a much more acute sense of presidential time and how limited it is and how you need to use it quickly or you don’t maximize its value,” Troy explained.

Troy praised Chief of Staff Susie Wiles for maintaining discipline within the White House. “The chief of staff role is hugely important. Susie Wiles … really brooked no nonsense during the campaign. You didn’t hear a lot of leaks. You didn’t hear a lot of infighting,” he said, contrasting this with Trump’s first term when he had four different chiefs of staff in four years. This might be most visible in Trump’s selection of staff, creating more cohesion at the White House and allowing him to move swiftly to implement his agenda.“The staff seem to be much more loyal to him. The first time there were a lot of people with a lot of different ideological perspectives,” Troy said, referencing his previous book “Fight House: Rivalries in the White House from Truman to Trump.”

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“They can’t do that, especially when they have a serious record of Democrat activism and being hardcore against President Trump..”

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

House Republicans are drafting articles of impeachment against Democrat judges that have blocked various actions by the Trump administration, including those who have halted efforts by the Department of Government Efficiency (DOGE). According to The Hill: “Rep. Eli Crane (R-Ariz.) said he is drafting articles of impeachment against Judge Paul Engelmayer of the Southern District of New York, who in a ruling last weekend temporarily restricted Musk and DOGE aides from accessing a Treasury Department payment system. Rep. Andrew Clyde (R-Ga.) is working on an impeachment resolution against Rhode Island District Judge John McConnell Jr. over his ruling halting the Trump administration’s freeze on federal funding.

And Rep. Marjorie Taylor Greene (R-Ga.), chair of the House Oversight Delivering on Government Efficiency Subcommittee, pledged in a hearing this week while referencing Engelmayer that “We will hold this judge and others who try to stop the will of the people and their elected leaders accountable.” “Our case for impeaching Judge Engelmayer is basically that he’s an activist judge trying to stop the Trump administration from, you know, executing their, you know, Article 2 powers to make sure that the laws are faithfully executed,” Crane told former Rep. Matt Gaetz earlier this week. Greene, meanwhile, said that she would support Engelmayer’s impeachment – arguing that judges can’t simply take power away from Cabinet secretaries.

“They can’t do that, especially when they have a serious record of Democrat activism and being hardcore against President Trump,” said Greene, adding “So, yeah, judges like that, they definitely should be impeached.” On Wednesday, White House Press Secretary Karoline Leavitt said that “district court judges in liberal districts across the country are abusing their power to unilaterally block President Trump’s basic executive authority.” Engelmayer initially blocked everyone at the Treasury Department – including Secretary Scott Bessent, from accessing the agency’s database, however another judge overseeing the case later said that the order would not apply to Bessent. Rep. Clyde announced that he was working on impeachment articles, saying in a post on X that Judge McConnell Jr. is “a partisan activist weaponizing our judicial system to stop President Trump’s funding freeze on woke and wasteful government spending.”

It would take near-unanimous support from House Republicans to impeach one of the judges assuming no Democrats support the measure, while Democrat support would definitely be required to clear the 2/3 threshold to convict in the Senate. So basically, this is going nowhere. “Up till last Congress, the Speaker of the House had never been fired before,” said Crane. “I’m not a wait-and-see kind of guy — look around, hope somebody’s going to do something. I’m going to take action. And like I said, If this isn’t how we get to the, you know, the place that we need to be, I’m fine with that. But I’m not going to sit around and just, you know, watch these individuals stop President Trump from doing exactly what he told the American people he was going to do.”

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“..she chastised him for making everybody rush to a TRO when the matter could have been handled with a five-minute call with the Department of Justice..”

Judge Declines to Halt Trump’s Firing of Inspectors General (ET)

A federal judge on Feb. 14 rejected an emergency bid by eight inspectors general fired by the Trump administration to have their jobs restored. District Judge of the District of Columbia Ana Reyes forced the attorney for the inspectors general to drop the request for a temporary restraining order during a virtual hearing, opting instead for an expedited schedule to hear their request for a preliminary injunction. Reyes expressed frustration that the plaintiff’s counsel, Seth Waxman, filed suit on Feb. 12 for the order requesting emergency same-day relief, which would have included backpay 21 days after the firings occurred, stating that her court’s staff was already overwhelmed with scores of other temporary restraining order requests. Demanding only yes or no answers, the judge asked several questions of Waxman.

He confirmed to her that the eight inspectors general were fired on Jan. 24 without Congress first being given a 30-day notice or “substantial rationale” for the termination and that they were able to retrieve all of their personal belongings. These former inspectors general were employed by the Defense, Veterans Affairs, Health and Human Services, State, Education, Agriculture, and Labor departments and the Small Business Administration. The judge pointed out to Waxman that there was nothing stopping Trump from issuing that 30-day termination notice to Congress five minutes after a TRO (temporary restraining order) went through, this time with a written reason for their termination. Addressing the written complaint arguing the plaintiffs faced reputational damage, Reyes proposed that a 30-day return to the office with a written reason why they were unfit for their jobs could actually cause even more reputational harm than what was already given. All the public knows is that they were fired without cause, she said. There was no harm to their reputation because no cause, say of incompetence, was given, and such a termination could be seen as preferable.

She also criticized Waxman for referencing what he called a similar case in his written complaint, pointing out that the government employee who was fired in that instance was operating independently of the White House while his clients worked for agencies that took direction from the presidency. Reyes declined to even humor the merits of the temporary restraining order during the virtual hearing, which lasted less than 13 minutes, forcing the plaintiffs to drop it. When Waxman transitioned to an expedited briefing schedule, she chastised him for making everybody rush to a TRO when the matter could have been handled with a five-minute call with the Department of Justice. The defense counsel representing the heads of the various departments employing those inspectors general remained silent and opted not to weigh in on the matter.

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“..the agency finds that you are not fit for continued employment because your ability, knowledge and skills do not fit the agency’s current needs..”

Trump Makes First Supreme Court Appeal In Test of Power To Fire Officials (BBC)

President Donald Trump’s attempts to shrink the federal bureaucracy are heading to the Supreme Court, according to US media.He has filed an emergency appeal to the country’s highest court to rule on whether he can fire the leader of an independent whistleblowing agency. Hampton Dellinger, head of the US Office of Special Counsel, sued the Trump administration after he was fired by email this month. Trump has also sacked more than a dozen inspectors general at various federal agencies along with the jobs of thousands of employees across the US government. Mr Dellinger, who was nominated by Joe Biden, the former president, argues that his removal broke a law that protects leaders of independent agencies from being fired by the president, “except in cases of neglect of duty, malfeasance or inefficiency”.

A federal judge in Washington DC issued a temporary order on Wednesday allowing Mr Dellinger to hold on to his position while the case is being considered. On Saturday, a divided US Court of Appeals in the nation’s capital rejected the Trump administration’s request to overrule the lower court. That has led to the justice department filing an emergency appeal to the conservative-dominated Supreme Court. It is the first case the president has taken to the justices since he took office last month. “This court should not allow lower courts to seize executive power by dictating to the president how long he must continue employing an agency head against his will,” Sarah M Harris, acting solicitor general, wrote in the filing provided by the Department of Justice to the Washington Post.

“Until now, as far as we are aware, no court in American history has wielded an injunction to force the president to retain an agency head,” the acting solicitor general wrote, according to the Associated Press news agency. The Republican president’s orders on immigration, transgender issues and government spending have also become bogged down in dozens of lawsuits in the lower courts. Those cases may ultimately wind up at the Supreme Court, too. Trump’s efforts to reduce and reshape the 2.3 million-strong civilian federal workforce continued over the weekend.Workers in various health agencies who are still within their probation periods received letters on Saturday evening informing them they would be terminated, sources told CBS News, the BBC’s US partner.

“Unfortunately, the agency finds that you are not fit for continued employment because your ability, knowledge and skills do not fit the agency’s current needs, and your performance has not been adequate to justify further employment at the agency,” read the letters. At least 9,500 workers at the departments of Health and Human Services, Energy, Veterans Affairs, Interior and Agriculture have been fired by Trump, according to a tally from Reuters news agency. Another 75,000 workers have taken a buyout offered to get them to leave voluntarily, according to the White House. The cost-cutting initiative has been led by department of government efficiency, or Doge, a task force led by Elon Musk.

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“..Musk is “taking away everything we have.” That is precisely what Americans asked for in reelecting Donald Trump…”

Democrats and Unions Launch an Existential Fight Over Buyouts (Turley)

Thomas Paine once remarked, “Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one.” With the approaching 250th anniversary of the Declaration of Independence, much has clearly changed. President Donald Trump’s move to reduce government is now portrayed as evil in its own right. Elon Musk’s move to draw down various agencies was presented as a virtual return to the state of nature. Democratic members staged protests in front of various agencies to declare “war” and to accuse Trump of “destroying the government” by shrinking it. Rep. Kweisi Mfume (D., Md.) Rep. Kweisi Mfume, D-Ma, declared “Every time you hear DOGE, the Department of Government Efficiency, you just remember it is the department of government evil.”

Americans say Trump is keeping his promises
The coordinated efforts of Democratic leaders and the mainstream media have once again not resonated with the public. Trump, according to polls, is now at higher popularity levels than during his first term. And a strong majority of Americans say Trump is keeping his promises, including in his efforts to reduce government spending and waste. Those efforts include a generous buyout offer for federal employees. The Trump administration offered federal workers the chance to stay home for months while receiving full pay if they would agree to resign from government employment.It was an extremely clever move. The best way to shrink the government is to get people to leave voluntarily. But Trump and Musk also have warned that layoffs will follow if not enough federal workers accepted the buyout.

It is a type of self-deportation from government service. And it worked, with about 75,000 federal workers accepting Trump’s offer before the deal ended Wednesday. It worked so well, in fact, that Democrats rushed to stop the voluntary exodus by falsely suggesting that it was a scam. Sen. Tim Kaine, D-Va., warned employees that Trump would “stiff you,” even though the offer comes with the authority of the federal government. His colleague, Mark Warner (D, Va.) added ominously for workers to “Think twice. Has this individual in his business world ever fulfilled his contracts or obligations to any workers in the past?” At the same time, unions (looking at a major reduction of force) have filed with Democratic groups to stop these employees from taking the offer. They found a favorable court with U.S. District Court Judge George O’Toole who enjoined the program.

However, after citywide celebrations over the injunction, the court then lifted the injunction on the buyout program, agreeing to allow the buyouts to go forward. Unions representing federal workers and liberal legal organizations are likely to now appeal O’Toole’s decision. The unions, which are facing a major reduction in dues-paying members, have a disturbing conflict of interest in trying to deny federal workers the benefits of an offer they chose to accept. The legal challenges to the buyout have relied on a plethora of arguments asserting that a president cannot allow employees to stay home and receive pay pending their departure from federal employment. Those arguments cited the Antideficiency Act, which bars agencies from spending beyond the money appropriated by Congress.

President has the authority to manage the executive branch
The counterargument is that money used for the buyouts was allocated to pay employees whose service normally continues year after year. Under Article II of the Constitution, the president is given ample discretion in running the executive branch, including the work status of federal employees. Congress clearly has a role in controlling use of the federal purse. For example, Congress can determine whether to allocate money to build certain Navy vessels. However, once the ships are built, it is the president who decides where to send them and who will serve on the crew. The commander in chief also can expand or shrink the size of the crew. Trump was well within his authority in offering to change employees’ duties while they look for new positions, and the employees had every right to agree to eight months of paid leave in exchange for their resignation from government service.

The opposition from Democrats and labor unions is the ultimate form of paternalism. In the name of protecting employees, opponents fought to prevent workers from accepting offers they believe are best for themselves and their families. Federal employees are entitled to protections in their employment. But they’re not entitled to permanent employment. Congress is entitled to appropriate money for specific purposes. But it is not entitled to manage the executive branch. Trump is very willing to fight on this hill. He holds a strong constitutional position and an even stronger political position.

For those who proclaimed themselves as defenders of democracy throughout last year’s election cycle, this is what democracy looks like. Voters made clear that they want changes in the size and the focus of government. Those voters are unlikely to be convinced by the warning of Senate Minority Leader Chuck Schumer, D-N.Y., that Musk is “taking away everything we have.” That is precisely what Americans asked for in reelecting Donald Trump.

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Bigger mystery than Kennedy’s murder.

Rand Paul Supports Fort Knox Physical Audit (ZH)

One of the biggest questions over the past 50 years is whether the gold at Fort Knox, Kentucky is really there, or if it’s been plundered. What we do know is that the last ‘audit’ of America’s gold stash was conducted on Sept. 23, 1974, when the US Treasury opened just one of its 15 vaults at Fort Knox so politicians and reporters could swarm the site for a two-hour photo-op with roughly 6% of the alleged amount held. Adding to the complete farce, none of the bars being passed around for the cameras were matched to a serial number, assayed or tested for purity, or even verified as US holdings – as foreign countries have previously stored their gold at Fort Knox as well.

Since then there has been no independent verification of the roughly 4,580 metric tons supposedly held by the Treasury outside of bullshit annual ‘vault seal checks’ that don’t actually analyze the gold (oh, and they’ve ‘lost’ seven of those) – various efforts have been raised to audit Fort Knox – most recently in 2021, when Rep. Alex Mooney (R-WV) introduced (now-dead) legislation to audit America’s gold holdings with a full assay, inventory, and audit of all US gold – which would include a full account of gold transactions undertaken by the US government.

In 2010, former Libertarian Rep. Ron Paul called for an independent audit of Fort Knox. “It’d be nice for the American people to know whether or not the gold is there,” Paul said at the time.

With Elon Musk’s team at DOGE – including a gent who goes by the name “Big Balls” – investigating government-wide waste, fraud and abuse, we thought it might be helpful to point them towards Fort Knox… The suggestion immediately went viral on X, with Sen. Rand Paul (R-KY) indicating he’s on board – replying to Musk with “Let’s do it.” Musk and team need to get to the bottom of just how deep the rot goes…

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Arab jews

 

 

Toys
https://twitter.com/i/status/1891110279649366275

 

 

Grok

 

 

Hello

 

 

Thai cat
https://twitter.com/i/status/1890863657350783065

 

 

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