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Debt Rattle October 5 2025

Oct 052025
 
 October 5, 2025  Posted by at 10:09 am Finance Tagged with: , , , , , , ,  40 Responses »


Vincent van Gogh Corridor In The Asylum 1889

 

• Trump Thanks Israel For Pause in Gaza, Urges Hamas “Move Quickly” (ZH)
• ICE Agents Ambushed, Fired Upon in Chicago Suburb (Spencer)
• US Running Out of Money To Keep Nuclear Arsenal Safe (RT)
• Sen. Kennedy: More Absurd Things Dems Shut Down the Government For (Margolis)
• US To Earn More Than $1 Trillion Per Year In Tariffs – Trump (TASS)
• Putin Blasts French ‘Piracy’ After ‘Russia-Linked’ Tanker Boarded (ZH)
• Shutdown Day #3 – Trump’s Challenge (CTH)
• Putin-the-Unready? (Paul Craig Roberts)
• Vladimir Putin Makes The Castling Move (Helmer)
• How the Israel Lobby Took Over America’s Universities (Paul Craig Roberts)
• Trust In US Media At Historic Low – Gallup (RT)
• UK Energy Chief Claims Musk Fueling ‘Threat’ To Britain (RT)
• UK Parliament Cuts Nigel Farage’s Security Detail (RT)
• Musk Tweets Wipe $15bn Off Netflix Value (RT)
• US Treasury Unveils Draft Design Of Coin With Trump’s Profile (RT)
• Higher Ed Bottoms Out (James Howard Kunstler)

 

 


https://twitter.com/nxt888/status/1973843985824428377
https://twitter.com/RussiaIsntEnemy/status/1974475994716127429

https://twitter.com/ggreenwald/status/1973850555278921988


https://twitter.com/Real_RobN/status/1974543229761843473
https://twitter.com/MAGAStormX/status/1974510704343347569

200,000 SIM cards. That takes up a lot of space. Like all buiildings in an entire street.


https://twitter.com/Megatron_ron/status/1974531487128289740

Martin Armstrong: Trump Taking Us Into World War III

 

 

 

 

Nobody believes it until they see it. But Trump may have had enough damage done to his name.

• Trump Thanks Israel For Pause in Gaza, Urges Hamas “Move Quickly” (ZH)

The Israeli military has been ordered by the Netanyahu government to pause its offensive in Gaza City, according to Israeli army radio on Saturday, just a day after Hamas is said to have agreed to the Trump-proposed peace plan which seeks the release of all remaining hostages, living and deceased. The Israeli military in an official statement said it had been ordered to “advance readiness” for implementing the first stage of Trump’s plan. Army radio noted that military operations in Gaza would be scaled back to “the minimum” – but what have been dubbed defensive strikes will continue. Prime Minister Netanyahu says the hostages will be freed in days. Some of these airstrikes were still observed throughout the day, with Palestinian sources saying at least 55 people have still been killed since dawn.

President Trump himself late Friday urged Israel to halt its bombardment, while also calling on Hamas to “move quickly” on implementing the 20-point peace plan. “I appreciate that Israel has temporarily stopped the bombing in order to give the Hostage release and Peace Deal a chance to be completed,” Trump stated on Truth Social Saturday morning. But he also warned that “Hamas must move quickly, or else all bets will be off,” adding that “I will not tolerate delay, which many think will happen, or any outcome where Gaza poses a threat again. Let’s get this done, FAST. Everyone will be treated fairly!” But Hamas had only said it is ready to enter negotiations on Trump’s peace plan, suggesting there are many more hurdles to go as each condition is agreed to.

Prime Minister Netanyahu in fresh remarks to reporters emphasized that the plan calls for the complete demilitarization of Hamas – but this is anything but certain in terms of whether the Palestinian militant group will actually lay down its weapons. But Hamas did say it has agreed to releasing all 48 remaining hostages that it’s ready to surrender power over the Gaza Strip, but the proverbial devil will be in the details in terms of how precisely this all comes to fruition. It remains an open question the degree to which fighting has actually stopped in Gaza City…

The Palestinian side hopes to see 250 prisoners serving life sentences and 1,700 Palestinians detained without charge released as a result of the Trump 20-point plan. Israeli military Arabic-language spokesperson Avichay Adraee is meanwhile telling Palestinian residents not to return to their homes in Gaza City or northern Gaza. Still, this moment seems the best shot at truce or permanent peace in the two-year long war in quite a while, and the White House seems ready to seize the initiative and push the sides to the finish line.

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“..Illinois Gov. JB Pritzker and Chicago Mayor Brandon Johnson have spent weeks ratcheting up the hysteria and purveying incendiary rhetoric about how President Donald Trump is a fascist and ICE agents are his storm troopers.”:

• ICE Agents Ambushed, Fired Upon in Chicago Suburb (Spencer)

Immigration and Customs Enforcement (ICE) have reportedly come under fire in Broadview, Illinois, a suburb of Chicago, from a woman identified only as a “U.S. citizen.” This comes after Illinois Gov. JB Pritzker and Chicago Mayor Brandon Johnson have spent weeks ratcheting up the hysteria and purveying incendiary rhetoric about how President Donald Trump is a fascist and ICE agents are his storm troopers. Once again, the left’s rhetoric spills over into violence. Fox News reported early Saturday afternoon that according to Tricia McLaughlin, assistant secretary of the Department of Homeland Security (DHS), “federal agents were rammed and boxed in by 10 cars in Broadview, Ill., where anti-U.S. Immigration and Customs Enforcement (ICE) crowds have been gathering for days.”

They haven’t been just gathering, and this was no peaceful protest: “One of the drivers was armed with a semi-automatic weapon, according to McLaughlin, who said officers ‘were forced to deploy their weapons and fire defensive shots at an armed U.S. citizen.’” According once again to McLaughlin, “the armed woman, who was a U.S. citizen, was named in a Customs and Border Protection (CBP) intelligence bulletin.” She “allegedly doxxed agents and posted online, ‘Hey to all my gang let’s f— those motherf—— up, don’t let them take anyone.'”The firefight took place as “agents were reportedly performing a routine patrol in Broadview, a suburb of Chicago.” Reportedly, no agents were injured. Oddly, McLaughlin added that “the woman involved drove herself to the hospital to get care for wounds.” That’s swell, but was she arrested? The question shouldn’t even need to be asked, but in America these days, one never knows.

It should be remembered in connection with this incident that back in April, Pritzker said: “Never before in my life have I called for mass protests, for mobilization, for disruption — but I am now. These Republicans cannot know a moment of peace.” It looks as if in Broadview, he has been heeded. Also, on Saturday morning, Pritzker raised the temperature even more, saying: “This morning, the Trump Administration’s Department of War gave me an ultimatum: call up your troops, or we will. It is absolutely outrageous and un-American to demand a Governor send military troops within our own borders and against our will.” Once again, this is the kind of language that stirs up the left’s most violent cadres.

And Pritzker wasn’t finished. He charged that the Trump administrations intends to “pull hardworking Americans out of their regular jobs and away from their families all to participate in a manufactured performance — not a serious effort the protect public safety.” He insisted that there was “no need for military troops on the ground in the State of Illinois. State, county, and local law enforcement have been working together and coordinating to ensure public safety around the Broadview ICE facility, and to protect people’s ability to peacefully exercise their connotational rights. I will not call up our National Guard to further Trump’s acts of aggression against our people.”

Now, Pritzker appears to have gotten what he wanted, and the seeds he planted and has been watering for so long have finally sprouted: there has been an armed attack against ICE agents in a Chicago suburb. Yet Pritzker shouldn’t get too elated and start savoring being the Democrats’ vice presidential candidate (or who knows, even presidential candidate) in 2028. While he has been energetically purveying his hysterical rhetoric, he has also, ironically enough, completely undercut it.

After all, if officers of the law are not able to do their duty in Chicago, and come under armed attack when they try to do so, it’s clear that Pritzker is wrong: there really is a need for military troops on the ground in the State of Illinois. And the person who is primarily responsible for creating the need for them is Pritzker himself. The Broadview incident comes at a time of rapidly increasing tensions all across the country. Democrat governors such as Pritzker and Gavin Newsom seem determined to keep the pedal to the medal on the hysterical rhetoric, as if they actually want the violence they’re inciting to break out. In a saner age, their defiance of the president and constant incitement would be considered seditious and result in their being removed from office, if not prosecuted. Today, it has them jockeying for the leadership of the Democrat Party.

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More goodies from the shutdown.

• US Running Out of Money To Keep Nuclear Arsenal Safe (RT)

US Energy Secretary Chris Wright has cautioned that the National Nuclear Security Administration (NNSA) could run out of funding to monitor the country’s nuclear arsenal within eight days because of an ongoing government shutdown. He said operations would be suspended once the money is gone. The US federal government has stopped working for the first time in almost seven years, after Republicans and Democrats failed to agree on a spending bill in the Senate.nOn Friday, the Senate failed to pass either a Republican bill or a Democratic alternative, with both measures falling short of the votes needed. Both sides blamed each other for the crisis. Lawmakers are expected to try again on October 6.

“Eight more days of funding, and then we have to go into some emergency shutdown procedures, putting our country at risk,” Wright said Thursday evening on Fox News, referring to the National Nuclear Security Administration. The secretary said over 20 officials in his department are still awaiting Senate confirmation, blaming Democrats for delaying tactics and prolonging the shutdown by withholding key votes. Before this year’s federal cuts, the NNSA employed more than 65,000 federal workers and contractors nationwide, handling everything from maintaining the nuclear arsenal to non-proliferation efforts and oversight of the US Navy’s nuclear operations.

In its latest shutdown plan, the US Energy Department said it would keep NNSA staff running “critical control operations systems” and those working on nuclear non-proliferation, but gave no figures on how many employees would be included. mUS President Donald Trump has suggested he may use the shutdown to push through major staff and wage cuts, blaming Democrats for the budget impasse. The White House is also using the standoff to target programs opposed by Republicans. Federal agencies have partially suspended services and many employees are furloughed. The last government shutdown began on December 22, 2018 and lasted 35 days.

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$833,000 for transgender people in Nepal.
$300,000 for a pride parade in Lesotho.
$4.2 million for LGBTQI people in the Western Balkans and Uganda.

‘We’re gonna shut down government until you put that back in.’”

• Sen. Kennedy: More Absurd Things Dems Shut Down the Government For (Margolis)

The Schumer Shutdown is dragging into the weekend, with neither side budging. Republicans pushed for a straightforward continuing resolution to keep the government funded through November, but Democrats chose to hold the line for their wish list of radical spending priorities—billions and billions of dollars’ worth—and in doing so, shut the government down. The media has focused on their demand for free health care for illegal immigrants, but that’s just the tip of the iceberg. There’s a lot more buried in this standoff that isn’t getting the attention it deserves. Sen. John Kennedy (R-La.) took to the Senate floor this week and laid out, in his trademark blunt and hilarious fashion, exactly what Democrats are trying to shut the government down over—and it’s every bit as ridiculous as you’d expect.

“Basically, President Trump just said, ‘We want you to take some stuff out of the budget that we think is wasteful,’” Kennedy began. “And we did — and that upset the congresswoman.” That “congresswoman,” of course, is Alexandria Ocasio-Cortez (D-N.Y.), who, according to Kennedy, went ballistic when Trump and congressional Republicans started cutting some of the more absurd Biden-era spending priorities. Kennedy didn’t hold back as he read aloud what Democrats are fighting to restore. “We found that under President Biden, they were spending $3 million for circumcisions and vasectomies in Zambia,” he said. “We took that out. The congresswoman says, ‘We’re gonna shut down government until you put that back in.’”

And that was just the beginning. “We found $500,000 of American taxpayer money for electric buses in Rwanda,” Kennedy continued. “We found $3.6 million for pastry cooking classes and dance focus groups for male prostitutes in Haiti. I kid you not. I’m not making this up. It was in the budget under President Biden.”

Republicans, Kennedy noted, stripped out each of these items as they tried to rein in wasteful foreign spending. But Democrats—with AOC and the “socialist wing” of the party leading the way—are threatening to shut the government down until every last one of those absurd expenditures is put back in. “I could spend the rest of the afternoon here,” Kennedy said. “We took all that out. It upset Congresswoman Ocasio-Cortez. It upset the socialist wing of her party. And now they’re threatening all other Democrats and saying, ‘You’ve got to shut that government down until we get what we want.’” And that, Kennedy concluded, is what this entire budget fight is about—not defending American taxpayers or funding core government services, but holding the government hostage over millions in woke pet projects and bizarre international handouts.

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“..a protective mechanism.”

• US To Earn More Than $1 Trillion Per Year In Tariffs – Trump (TASS)

US President Donald Trump said that the import duties he imposed would bring the United States revenue of more than $1 trillion per year. In an interview with One America News television channel, Trump stated that revenues from new tariffs were just starting to flow in but eventually they could reach $1 trillion a year. Speaking at the 80th session of the UN General Assembly last month, Trump said the United States was ready to conduct trade with all countries provided that the principles of fairness and reciprocity are respected. According to the US president, the tariffs that the US administration has imposed on most countries of the world are a protective mechanism.

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One fake anti-Russia story after another. They come fast.

• Putin Blasts French ‘Piracy’ After ‘Russia-Linked’ Tanker Boarded (ZH)

“The tanker was seized in neutral waters without any justification, and they were apparently looking for some kind of military cargo, drones, or something else,” Putin said Thursday at the Valdai Discussion Club meeting in Sochi, condemning the French takeover of an oil tanker suspected of being part of Russia’s so-called “shadow fleet” which seeks to evade Western energy sanctions as an act of “piracy”. “There’s nothing there, there ne ver was, and there can’t be anything,” Putin asserted of the boarding action which took place earlier this week. The tanker was under the flag of a third country and the crew is international, Putin described, adding he doesn’t know “how much it’s related to Russia.” French authorities revealed details for the first time on Thursday, confirming that they arrested the captain, a Chinese national. He’s accused of disobeying orders of the French navy.

Another crew member, the First Officer, was also arrested, as Reuters details of French statements: French police have arrested the captain and first officer of a sanctioned tanker suspected of operating for Russia’s “shadow fleet,” authorities said on Thursday, after the navy boarded the vessel, which may have been involved in recent drone incidents around Denmark. The vessel, the Boracay, was approximately 50 nautical miles south of Copenhagen on September 22 when drone activity forced the closure of the city’s airport around 1830 GMT, according to data from MarineTraffic. It was also observed heading south along Denmark’s western coast on the evening of September 24 when drones were reported flying north of Esbjerg and near several nearby airports. The tanker appeared on on an EU sanctions list for transporting Russian oil, but the whole Denmark drone incursion linkage aspect to it seems highly coincidental, and a big stretch, assuming there’s no further evidence and that no actual drones were found upon searching the vessel.

French authorities would be presenting any such evidence very quickly, but instead they just issued ambiguous statements remotely suggesting the linkage to the Denmark drone sightings.French authorities say that the Boracay has a history of changing names and flags, and is currently flying under Benin’s registry. It’s believed this is part of intentional sanctions-dodging. The Boracay is now anchored off France’s coast near Saint-Nazaire, south of Brest. It had initially set sail from the Russian port of Primorsk outside Saint Petersburg on September 20 and had actually been at one point detained Estonian authorities earlier this year for sailing without a valid country flag. International law allows countries to intercept such vessels which are believed to be stateless, typically if there is suspicion of wrong-doing like smuggling.

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“If liberty and freedom become the priority, the advancement of personal wealth becomes more difficult.”

• Shutdown Day #3 – Trump’s Challenge (CTH)

The professionally Republican wing of the GOPe want this shutdown ended just as much as the professionally Democrat wing. The UniParty cannot allow Trump/Vought this much power. Republicans cannot allow Trump this much power. The Moonbat leftists are not the biggest problem, they never have been. They are ideologues, mostly. Insufferable, stupid, violent at times, but easy to spot. Remember, Democrats quest for power; Republicans quest for money. Always underline this because it’s really important. The Moonbat leftists seek power, seek control of your life, and they are open in their insufferably stupid arguments to get there. When they start to lose, they turn violent. This is their history. That said, they are not the most dangerous. The professional Republicans are more dangerous because their priority is money. As a result, their approaches, goals, objectives and arguments can be purchased.

Republicans have no interests, goals or objectives, nor allegiances, that supersede their primary objective, getting money, growing their wealth. Democrats will come at you with a knife, a gun or a baseball bat. You can see them. The professional Republican guy standing beside you, however, is willing to take a payment to shoot you in the ear when you don’t see it coming. This is also why it seems like Democrats stick together, and Republicans split. Democrats are chasing a common goal, a collective goal, power. Republicans are chasing a commonality, yes, but an individual goal, money, their wealth. Donors contribute to the Democrat agenda because their interest to benefit from power. Republicans modify their agenda to benefit donors because their goal is money. Democrats stay on task, power. Republicans are flexible, money.

You enter a war against Leftists with extreme danger. However, the danger is not the war in front of you, it’s the army beside you waiting to get a payment from the enemy in front of you. Out of a group of 1,000 democrats, 900+ will join in to defend a weakened Moonbat leftist (see Kimmell). Out of a group of 1,000 Republicans you will find, maybe, 5 willing to cover your back regardless of how much bribery is put in front of them. Remember this, understand this and the reality of who presents the most danger to us is accurately framed. Republicans do not simply snatch defeat from the jaws of victory; they sell defeat to the highest bidder! In our lifetime we have watched this unfold. There were Democrats with the same outlook as Republicans, they were known as “blue dog” democrats. The Blue Dogs were willing to compromise power, to sell power, in return for financial payment.

Traditional ‘Blue Dogs’ were names like Hillary and Bill Clinton; their prism was the assembly of money. However, this group faced the introduction of hardline ideological believers, the communists or Marxists represented by Barack Obama. Obama Inc. battled Clinton Inc. to determine the future of the Democrats. The ideologues won, and the democrat Blue Dogs in their tribe, those willing to concede ideology for money, were purged from their ranks. Modern Democrats, post Obama takeover, are now pure ideologues. “By any means necessary” is the operational objective of modern leftists. This is why government under Obama flipped the switch so openly and began weaponizing power. Purging govt agencies and replacing the staff with ideologues. Crushing opposition, by brute force and targeting.

Simultaneously, in the smaller Republican ranks, there was a small group who wanted to face down the same battle inside the Republican party. The original Tea Party represented this group. A smaller assembly trying to put ideology, freedom and liberty at the forefront of the Republican objective. Unlike the leftist effort, the Tea Party effort inside the Republican party failed. Republican leadership crushed the liberty rebellion and went back to business taking money from the ideological Marxists who now ruled the centers of power. People who didn’t quite understand what was taking place stood and watched, frustrated, at the dynamic of Republicans who conceded every battle to the left. What the abused GOP viewers didn’t understand was the core of the issue; Democrats want power, Republicans want money. Each time the Republicans could win on a policy issue, they sold the loss to Democrats.

Battered conservatives grew more frustrated and more frustrated. Now we enter the era of MAGA, represented by billionaire Donald J Trump, who, like Obama before him, began the fight inside the Republican Party. The Tea Party rebellion quickly reengaged Trump and formed MAGA; the ideological fight inside the Republican party, liberty over money, was on again. MAGA represents opposition to the leftist ideological advancement. But the Republican assembly will not concede. In a way their resistance makes sense. If liberty and freedom become the priority, the advancement of personal wealth becomes more difficult. Simultaneously, if retention and assembly of wealth is the priority, liberty and freedom ideologues become impediments. Again, MAGA within Republicanism must be crushed when money is the priority.

This internal Republican battle has been unfolding in various reference points for almost a decade now, while the internal Democrat battle was long ago decided. The root issue the within the Republican apparatus still surrounds the greatest evil. ‘The love of money is the root of all evil.’ This conflict has not yet been fully decided, yet admittedly -and thankfully- MAGA has made some significant gains. The Republican party now has a lower income demographic and a more ideological working-class base. However, don’t be fooled. The top tier of the Republican apparatus is mostly unchanged; albeit they are facing more entrenched ideological opposition from the awakened MAGA forces. The top tier will still sell out the base, still compromise for personal profit, and still take payment for policy. This brings us to where we are today.

Inside the MAGA assembly we are trying to identify which Republican leaders have shifted to the MAGA/liberty viewpoint, and which Republican leaders are playing the long game while retaining their DNA level objective, get money. Each day on these pages and many others, the ‘trust’ factor is raised; this is completely understandable. We have a strong muscle memory for betrayal, and we all bear the scars to remind us. It is fitting and proper that these conversations take place. After all, it’s interesting to watch professional Republicans discuss how agencies like the DOJ and FBI have lost institutional trust of the American people due to corruption, while simultaneously those same Republicans never note trust loss within the Republican party as a result of their willful blindness to it.

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“The Russians simply cannot comprehend that they are targeted as an obstacle to Western hegemony.”

• Putin-the-Unready? (Paul Craig Roberts)

Leaders of European countries with limited military ability are openly declaring their preparation for war with Russia. The Baltic states, Poland, Netherlands, France, Germany, and the UK speak if they look forward to a war that would utterly destroy them. It is a mystery as Russia poses no threat to them and wants nothing from them but a mutual security agreement. I believe Putin himself has responsibility for this state of affairs. Putin’s efforts to restrain the conflict in Ukraine have been misunderstood. Putin is perceived as irresolute and the Russian military as incapable. Trump calls Russia a paper tiger and speaks of Ukraine with sufficient European help transitioning from the defense to the offense and invading Russia.

This extremely dangerous way of thinking is the reason I have often said that Putin’s never-ending, ever-widening war was a strategic blunder, a blunder that Putin continues to make. With European politicians declaring their preparation for war, is Putin paying attention, or will he again be Putin-the-Unready as he was in South Ossetia in 2008, in Ukraine in 2014, in 2022 when Russia was forced to intervene in Donbas, and when the Russian strategic bomber force was attacked on June 1, 2025? Putin’s restraint and Lavrov’s pleading for negotiations have convinced the West that Russia is an easy target. This mistaken conviction is fomenting a major war.

Russians do not seem to understand the situation. This morning on RT political analyst Nadezhda Romanenko attributes the Western war talk to “Western anxieties and domestic political calculations.” It would be more realistic to attribute the war talk to setting up Russia as an aggressor that must be deterred. The Russians simply cannot comprehend that they are targeted as an obstacle to Western hegemony. Everywhere in the West the image that is maintained is Russian aggression. Wikipedia, for example, describes the 2008 Russian war with Georgia as Russian aggression, the 2022 intervention in Donbas as a Russian invasion of Ukraine. Estonia and Poland recently made claims of Russian entry into their air space. Every possible sign of Russian aggression is created. The West is uninterested in Putin’s reassurances. Why is Russia unable to understand this?

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Speeches at the Valdai club are important.

• Vladimir Putin Makes The Castling Move (Helmer)

On June 30, 2021, during his Direct Line programme, President Vladimir Putin was asked what games he liked to play during his schooldays. “I am tempted to say chess,” he replied, “but, unfortunately, it was not chess.” Four years have gone by until his appearance yesterday at the Valdai Club, when the president was asked the same question. He replied: “Well, I loved chess.” Putin was castling.

In the ancient game of chess the move which is known by this name is a relatively new one. The rules to allow it also took centuries to develop. The purpose of castling is defence when the king is under attack and there is safe space between the king and the castle (rook), so that they can exchange places and the king retreat to the safer margin of the board. The opportunity created thereby is for the rook to move more actively into the counter-attack against the adversary. The castling king is delegating the offensive to his rook.

To understand what Putin’s castling means on the board today, read what he said first about the Board of Peace (BOP) Gaza plan of President Donald Trump, Prime Minister Benjamin Netanyahu and ex-prime minister Tony Blair. “Russia always supports and welcomes any steps by Trump,” he told his spokesman to say, “that seek to avert the tragedy that is now unfolding. We want this plan to be realized, so that it may help steer events in the Middle East toward a peaceful path”.

As this was being interpreted outside the Kremlin wall as Putin’s unqualified endorsement, Foreign Minister Sergei Lavrov announced it was too soon for that. “We have not seen this plan. We have only heard comments about its contents. You have now outlined its main provisions. I have heard that this international body, which is intended to ‘temporarily govern Gaza’, is planned to be headed by former British prime minister Tony Blair. He himself seems to have already announced this. I reiterate, I am not privy to the details. I do not know what powers he will be granted, nor how the Arab countries view this. I am aware that some of them have already welcomed the ‘Donald Trump plan’. However, a final assessment can only be made once we know the views of all of Palestine’s neighbours, Israel, the countries of the region, the League of Arab States, the Gulf Cooperation Council, and, above all, the Palestinians themselves. I have heard that representatives of the Palestinian National Authority are not being considered for inclusion in this temporary body, even as observers.”

“Regarding the international security forces,” Lavrov went on. “No, we have not been invited to participate. I reiterate, we only became aware of this new plan yesterday. However, I have read that Israeli Prime Minister Benjamin Netanyahu, commenting on the ‘Trump plan’ – which was announced following Netanyahu’s visit to Washington – said that the plan is good and should not be altered. He claimed that Hamas and everyone else should agree to it. Among the positive aspects of this plan, he stated that Israel would retain control over security in Gaza. This somewhat contradicts the establishment of international forces, so all the details need to be clarified first.”

Lavrov said that at the Valdai Club conference in Sochi. Two days later, Putin has followed him on to the same platform; he also followed the foreign minister on the Gaza plan. Asked about this, Putin started by saying that “now that we are getting acquainted with President Trump’s initiatives, I think there is a light at the end of the tunnel that may still appear”. On Tuesday Putin’s spokesman Dmitry Peskov had mistaken the tunnel for the light. Putin went on to clarify:“The situation in Gaza is a terrible event in history, in modern history. And even someone known as the pro-western Secretary-General of the United Nations, Mr. Guterres, publicly says Gaza has become the largest children’s cemetery in the world. What could be more tragic and sad?”

About Trump’s Gaza plan, “you know, it will probably come as a surprise to you, but on the whole, Russia is ready to support him. If, of course, as we have to look carefully at the proposals made, it will lead to the final goal, which we have always talked about. Russia has always advocated the creation of two states: Israel and a Palestinian state, starting in 1948 and then in 1974, when the relevant UN Security Council resolution was adopted. And this, in my opinion, is the key to a final solution to the Palestinian-Israeli conflict.”

“Indeed, as far as I know, I have not looked at this proposal so carefully yet, but it proposes to create an international body that will govern Palestine, more precisely the Gaza Strip, for some time, and Mr. Blair should be at its head. He’s not known as a great peacemaker, but I know him personally. Moreover, I visited him, spent the night at his house, we had coffee in our pajamas in the morning, and so on. Yes, yes.”

“Fyodor Lukyanov: Was the coffee good?”

“Yes, quite. But what do I want to say? He is a man with his own views, but he is an experienced politician. And in general, of course, if his activities, his experience, and his knowledge are directed towards a peaceful course, then he can play some positive role. There are, of course, several questions. First: How long will this international administration work? How and to whom will power be transferred later? As far as I understand, this plan outlines the possibility of transferring power to the Palestinian Authority. In my opinion, it would be better, of course, to put everything under the control of President [Mahmoud] Abbas and the current Palestinian administration. It may be difficult for them to resolve the security issues. But so far as I can imagine, my colleagues, with whom I spoke on this topic today, envisage the possibility of transferring control over the Gaza Strip, including to the local militia, to ensure security. Is this bad? In my opinion, this is a good thing.”

“We need to understand, I repeat, how long the international administration will manage there, in what time frame it is supposed to transfer both civil power and security issues, which is very important. And, in my opinion, this should definitely be supported. We are talking about freeing all the hostages held by Hamas, on the one hand, and releasing a significant number of Palestinians from Israeli prisons. Here, too, we need to understand how many Palestinians, whom, and at what time can we release them? And of course, you know, the most important question is: how does Palestine feel about this? That’s exactly what you need to understand. And the countries of the region, the entire Islamic world, and Palestine itself, the Palestinians themselves, including, of course, Hamas. They treat Hamas differently there, and we have our own attitude, but we have contacts with Hamas. It is important for us that Hamas also supports this, and the Palestinian Authority supports it. But these are all issues that require painstaking, careful research.”

“In general, if this happens, it will, of course, be a very serious step forward in resolving the conflict. But, I repeat, in our opinion, fundamentally it can be resolved only with the creation of a Palestinian state. Of course, Israel’s attitude towards this is also important. We don’t know yet either: how did Israel take it? I do not even know of any public statements on this subject, I just did not have time to look at it. But it’s not even public statements that are important, but in fact how the Israeli leadership will treat this, whether it will fulfill everything that the President of the United States has proposed. There are a lot of questions. But in general, if all these positive things that I mentioned happen, then this is, of course, a breakthrough. And a breakthrough can be very positive. I repeat for the third time: the creation of a Palestinian state is a key element of the settlement as a whole.”

Putin was acknowledging that since Peskov’s announcement, he had been briefed by Lavrov and others, and that they had persuaded him to change his mind on what to say. The President concedes now that Russian policy on the Trump plan has not been decided yet; that it will be a collective one with his “colleagues”; and that he is delegating the next moves to them and to their “painstaking, careful research.” This is castling by the king for the rook.

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” The definition of what constitutes anti-semitism has been constantly expanded and now includes truth itself.”

• How the Israel Lobby Took Over America’s Universities (Paul Craig Roberts)

Cornell University, once a place of discussion and learning, is seeking to remove a tenured Jewish professor, Eric Cheyfitz, who permits Israel to be discussed instead of simply praised. The professor’s daughter and granddaughter live in Israel. But this doesn’t save him from being charged with discrimination against a Jewish graduate student. The professor’s trouble was brought to him by an Israeli student who previously served in Israel’s elite military surveillance agency, Unit 8200. None of the students support the Israeli student’s claim. It seems the Israel Lobby is testing how far it can expand its power over America’s universities. If the Lobby can get Cornell University to punish a tenured Jewish professor based on a complaint by a former member of Israeli Military Surveillance, then Israel will have set the standard for American universities that truth about Israel constitutes anti-semitic discrimination and is punishable.

The Israel Lobby took over American universities with large monetary grants. Now dependent on these grants, university administrators have to follow the line. This is how the takeover happened: First came large monetary donations from Jews. These donations led to the appointment of Jewish benefactors to the university’s board of trustees. From here the Jews obtained university administrations headed by Jewish presidents who attached anti-semitism to the woke anti-racist, anti-homophobic, etc. agenda. The definition of what constitutes anti-semitism has been constantly expanded and now includes truth itself.

Several years ago a list was published of the ethnicity of the leadership of Ivy League universities. Formerly a WASP preserve, every Ivy League university had a Jewish president or provost. They may have been outstanding leaders. The point is that for such a small ethnic minority to be in control of all of America’s elite universities cannot be a coincidence. Jews want power and are good at attaining it. In a way you have to admire their determination. It didn’t take the Israel Lobby but a day or two to take over Charlie Kirk’s organization. Presumably, this puts Christian evangelicals back into Israel’s pockets, thus solidifying Israel’s control over President Trump. American WASPs are no longer contenders. Worn out, ambition eroded by trust funds, WASPs have been displaced. Our future seems to in the hands of the Israel Lobby or the immigrant-invaders.

https://israelpalestinenews.org/cornell-cut-classes-by-a-pro-palestinian-professor/

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“..more than 90% of evening newscast stories about [Trump] on ABC, NBC, and CBS were unfavorable.”

• Trust In US Media At Historic Low – Gallup (RT)

Americans’ confidence in the mass media has sunk to a record low, with fewer than three in ten now trusting news outlets to report fairly, according to a new Gallup poll. A poll conducted in September of 1,000 adults showed that only 28% expressed a “great deal” or “fair amount” of trust in newspapers, television and radio, down from 31% last year, 40% five years ago, and almost 70% in the 1970s. Meanwhile, 36% reported “not very much” confidence and 34% said they had “none at all.” For the first time, confidence among Republicans has collapsed into single digits, with only 8% saying they trust the media. However, 51% of Democrats believed media reporting.

US President Donald Trump’s rocky relationship with the press has reportedly fueled these splits. A Harvard Kennedy School study found that Trump’s first 100 days in office drew overwhelmingly negative coverage, while the Media Research Center recently estimated that more than 90% of evening newscast stories about him on ABC, NBC, and CBS were unfavorable.

On the 100th day of his second term this year, Trump’s administration issued a press release titled “100 Days of Hoaxes,” accusing major outlets of spreading “a nonstop deluge of hoaxes and lies” and listed 48 reports it deemed false. Beyond partisan politics, structural shifts are also eroding traditional media. A Reuters Institute report in June suggested that podcasters and AI chatbots are playing a growing role in news dissemination, with more than half of Americans under 35 relying on social and video networks as their main sources of information.

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Evey Brit knows what Musk is talking about.

• UK Energy Chief Claims Musk Fueling ‘Threat’ To Britain (RT)

UK Energy Secretary Ed Miliband has accused Elon Musk of posing a major threat to Britain, claiming the billionaire backs nationalist forces seeking to undermine the country. Speaking at the Labour Party conference on Wednesday, the former party leader linked Musk to Nigel Farage, whose Reform UK party gained traction in the May local elections. The US-based entrepreneur has expressed support for the party, but has urged Farage to step down. According to Miliband, Farage is “a key part of a global network that wants to destroy the ties that bind our communities and our way of life.” He added: “I can sum up the threat for you in two words: Elon Musk.” Miliband alleged that Musk “incites violence on our streets,” “calls for the overthrow of our elected government,” and enables “disinformation through X” – the microblogging platform that the billionaire purchased in 2022.

“We have a message for Elon Musk. Get the hell out of our politics and our country.” Musk appeared unfazed by the remarks. Shortly after the speech, he blasted Prime Minister Keir Starmer, calling him “an actor with an empty head” who merely repeats talking points supplied by others. Musk and Starmer have engaged in a months-long feud over the UK’s grooming gang scandal. In June, Starmer authorized a new national inquiry into the mass sexual exploitation of British girls, crimes largely linked to gangs of Pakistani men over a decade ago. Musk accused the prime minister of being “deeply complicit in the mass rapes in exchange for votes.”

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When you’re more popular than the PM.

But still… That PM paints a big -political- target on his own back.

• UK Parliament Cuts Nigel Farage’s Security Detail (RT)

UK parliamentary authorities drastically slashed government-funded security for Nigel Farage, an MP and the leader of a major opposition right-wing party, Reform UK, its head of policy has claimed. Zia Yusuf accused Prime Minister Keir Starmer of deliberately putting his political rival at risk of attack. Speaking to Times Radio on Wednesday, Yusuf stated that “two weeks ago, the authorities cut Nigel’s security detail by 75 per cent,” without providing any reasons for the decision. The Reform UK representative added that “donors have stepped in [to]… make sure that Nigel is well protected.” However, “if anything was to happen to Nigel, we will hold Keir Starmer squarely responsible,” Yusuf stressed.Yusuf further accused the sitting prime minister of inciting violence against the “man who is the bookmaker’s favorite to be the next prime minister.”

Farage himself acknowledged he feared for his own security and that of other party members after Starmer’s latest attack. Speaking during the Labour Party conference on Tuesday, the prime minister dubbed Farage a “snake oil merchant” who does not like Britain because of his “racist” plans to curb immigration. Starmer charged that Britain must “go into that battle armed, not just with words and condemnation, but with action,” describing Reform UK as the “enemy of national renewal” and the “biggest threat we face.” On Thursday, The Telegraph reported that veteran Conservative MP Sir David Davis had asked Home Secretary Shabana Mahmood to “review the decision at the earliest opportunity.”

“It strikes me that Mr Farage is a particularly high-profile target, arguably at greater risk than many Cabinet ministers,” the lawmaker reportedly wrote in a letter. An Ipsos poll last month indicated that Starmer’s popularity had hit a record low, with 79% of Britons disapproving of his performance. Another survey by think tank More in Common suggested around the same time that Farage would become prime minister with 373 MPs if an election were held tomorrow. The Labour, in contrast, would suffer its worst electoral defeat since 1931, securing less than 100 seats in the House of Commons, according to the poll.

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“Transgender propaganda isn’t just quietly lurking in the background on Netflix. They are actively pushing it on users.”

• Musk Tweets Wipe $15bn Off Netflix Value (RT)

US streaming giant Netflix has lost about $15 billion in market value after billionaire Elon Musk accused the platform of “woke bias” and urged his followers to cancel subscriptions. Netflix shares fell 4.3% in a day and a half to $1,140 by midday Thursday, cutting its market cap to $483 billion from $498 billion on Wednesday, trading data showed. The drop came after Musk called on users to boycott Netflix over the animated show ‘Dead End: Paranormal Park’, which features a transgender character. Although canceled in 2023 after two seasons, the show remains available on the platform with a TV-Y7 rating for children seven and older.

Musk’s campaign began on Tuesday when he reposted a clip on X showing one of the show’s characters identifying as transgender. “Dead End Paranormal Park, a show on Netflix, is pushing pro-transgender on CHILDREN. This show is advertised for 7-YEAR-OLDS,” the account said. Musk replied: “this is not ok.” He later reposted messages from users claiming to have canceled Netflix and accused the service of pushing “LGBTQ+ propaganda.” On Wednesday, he wrote: “Cancel Netflix for the health of your kids.” In another post, he said: “Transgender propaganda isn’t just quietly lurking in the background on Netflix. They are actively pushing it on users.” Musk has long railed against wokeism and LGBTQ messaging, which many link to his estrangement from his trans child, Vivian Wilson, who has openly criticized the billionaire for his alleged anti-trans vendetta.

In a Washington Post interview last year, Musk said that to him Wilson was “dead, killed by the woke mind virus.” Netflix has not responded to Musk’s remarks. The company has previously defended controversial content on free speech grounds, including in 2020, when its film ‘Cuties’ drew outrage for sexualized depictions of underage actors. By Thursday’s close, the firm had pared some of the losses, ending at $1,161 a share with a $493 billion valuation. While stock is down 4% this week, it remains up 30% year-to-date. Analysts expect Musk’s campaign will not weigh on the company long-term, suggesting that Netflix shares are too costly to be seriously affected by online backlash.

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“Despite the radical left’s forced shutdown of our government, the facts are clear: Under the historic leadership of President Donald J. Trump, our nation is entering its 250th anniversary stronger, more prosperous, and better than ever before..”

Reason to celebrate!

• US Treasury Unveils Draft Design Of Coin With Trump’s Profile (RT)

The US Treasury Department is considering putting an image of US President Donald Trump on a one-dollar coin marking the 250th anniversary of America’s independence. According to the first design draft revealed on Friday, the coin features Trump’s profile on one side, along with the words “Liberty” and “In God we trust,” and the dates 1776–2026. The other side shows Trump raising a clenched fist against a backdrop of the US flag, with the inscriptions “Fight, fight, fight,” “United States of America,” and “E pluribus unum.” The image is a clear homage to a photo taken by AP’s Evan Vucci shortly after Trump’s failed assassination attempt in July 2024, which was widely republished in US and international media.

“Despite the radical left’s forced shutdown of our government, the facts are clear: Under the historic leadership of President Donald J. Trump, our nation is entering its 250th anniversary stronger, more prosperous, and better than ever before,” a Treasury Department spokesperson said in a statement. “While a final $1 coin design has not yet been selected to commemorate the United States’ semiquincentennial, this first draft reflects the enduring spirit of our country and democracy, even in the face of immense obstacles,” the spokesperson added. According to the Washington Post, existing US law generally prohibits depictions of living people on currency. In addition, the 2020 Circulating Collectible Coin Redesign Act, which authorized the minting of the anniversary coin, prohibits busts or portraits of people on the reverse side.

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“There are so many disgusting animals in public life that we have allowed to fraternize with the rest of society to our absolute peril.” Aimee Terese on “X”

• Higher Ed Bottoms Out (James Howard Kunstler)

Harvard, apparently, can never learn. It has made itself the poster-child for all the failures of contemporary education, including the racketeering around endowments, government grant grifts, race and gender hustles, and intellectual surrender to ideas that would make medieval astrologasters burst out laughing. Case in point: the university lately announced the hiring of a Boston-area drag-queen to teach a course in the spring semester of 2026 about the TV show known as Ru Paul’s Drag Race. The show features contestants vying for prizes and crowns based on “Charisma, Uniqueness, Nerve, and Talent” (C.U.N.T.). Get the picture? Reach into your Jungian psychology tool-bag.

This backwater of the arts was identified some years ago by the literary pop-star Susan Sontag as “camp” derived from the French se camper “to pose in an exaggerated fashion” depicting “unnatural artifice.” Camp is the theatrical cousin of kitsch, which is the celebration of bad taste, with histrionic overtones of exaggerated sentimentality. Please understand: when you are watching drag-queens, you are not really seeing men posing as women. You are seeing men portraying women as monsters. You might surmise that these are men who labor under “mommy issues.” The giveaway is that they often banter onstage humorously about their male genitalia, and sometimes even attempt sneaky displays of such, which opens that behavior to interesting interpretations.

Harvard’s drag-queen du jour demonstrates all that nicely. Kareem Khubchandani, his legal name, is a professor of theater, dance, and performance studies at Tufts University. He also teaches “Studies in Race, Colonialism, and Diaspora.” As a drag star, he goes by the stage-name LaWhore Vagistan. This is how he describes himself to the news media: “[M]y preferred pronouns are ‘she’ or ‘aunty.’ I chose ‘LaWhore’ because my family traces its origins to Pakistan: Lahore is an important city in Pakistan, and well, I’m a bit of a whore. And Vagistan because I see the subcontinent as one, big, beautiful Vag … istan.” Of course, his fascination with female genitalia, of seeing a whole nation in that guise, is a bit odd considering that A) he is a homosexual performer who is ostensibly not attracted to female sexual characteristics and lacks experience with them, and B) he is a male of the species who does not possess such organs himself.

Therefore, on what basis would he have gained so much knowledge of female genitalia and developed such a powerful obsession around them as to imagine the whole country of his ancestors that way? Possibly, it has something to do with mommy. . . something that made her appear. . . unforgettably monstrous. We will probably never know the answer to these quandaries, and they are somewhat secondary to the main question of Mr. Khubchandani’s employment in this connection at Harvard where young minds get molded to become the future managerial class of our nation. Other questions do present, though. For instance, did Harvard’s President Alan Garber know about this hire and sign off on it, and how would he say it fits Harvard’s mission? Or Provost John Manning? Or Hopi E. Hoekstra, Dean of the Faculty of Arts and Sciences? Or Harvard’s Board of Governors?

All this underscores an important lesson that America has apparently managed to unlearn, something that we once knew quite well: that marginal behavior belongs on the margins, not in the center of our national life. The celebration of vulgarity for its own sake is arguably not the highest aspirational ideal for the best-and-the-brightest of our society, however amusing it might be in their hours of leisure, when people are free to pursue whatever lights their imaginations. It also raises the question as to why would highly-educated women, say, the female faculty and admins at Harvard, virtually all PhDs, certified geniuses in their fields, go along with such a garish display of farcical disrespect for the female of the species, being officially showcased as part of Harvard’s curriculum? Do they see themselves as monsters who deserve mockery and objurgation?

Do they enjoy watching a man enact such degrading psychodrama so as to diminish his manhood altogether? Does it signify some sort of conclusive triumph over “the Patriarchy?” (And how much of a good thing is that?) Harvard happens to have a Psychology Department, including a PhD program in Clinical Science, Social Psychology, and Cognition, Brain, and Behavior, under chairman Matthew K. Nock, PhD. His official Harvard bio states: “Nock’s research is aimed at advancing the understanding of why people behave in ways that are harmful to themselves, with an emphasis on suicide and other forms of self-harm. . . to better understand how these behaviors develop, how to predict them, and how to prevent their occurrence.” Perhaps President Garber should ask Dr. Nock to audit LaWhore Vagistan’s upcoming course to see, for instance, how it speaks to the epidemic of transgender violence currently plaguing the USA. We need all the insight we can get.

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Kudu
https://twitter.com/Rainmaker1973/status/1973996436506214643

 

 

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Debt Rattle September 5 2025

Sep 052025
 
 September 5, 2025  Posted by at 9:16 am Finance Tagged with: , , , , , , , , ,  61 Responses »


Cy Twombly Untitled 1964

 

• Zelensky’s Dream Is NATO-Russia War – Ex-Polish President (RT)
• Europeans Ready To Offer Security Guarantees To Ukraine – Macron (RT)
• Kremlin Blasts ‘Unacceptable’ Western Plan For Ukraine Security Guarantees (ZH)
• Ukrainian Attacks On EU Oil Supplies Are ‘Sanctions’ – Zelensky (RT)
• Merz Driven By Desire For ‘Maniacal Revenge’ Against Russia – Moscow (RT)
• Merz Instructs To Hide German Involvement In Taurus Deliveries To Ukraine (Sp.)
• Russia-China Gas Deal To ‘Turn The LNG Market On Its Head’ (RT)
• Bulgaria Debunks von der Leyen Jet Claims (RT)
• Did Russia Really Jam Von der Leyen’s Plane? The Data Says Otherwise (RT)
• DOJ Opens Grand Jury Criminal Investigation Fed Governor Lisa Cook (ZH)
• Lisa Cook May Be in Real Trouble Now (Margolis)
• Trump Tells Supreme Court He Will Appeal in E. Jean Carroll Case (ET)
• RFK Jr Spars With Senators During Wild Testimony (ZH)
• Musk Snubbed From Trump’s Tech CEO Party At Rose Garden (ZH)
• The Power Resides in the Enemies of Truth (Paul Craig Roberts)
• New Greek Law Promises Prison For Rejected Asylum-Seekers (ZH)

 

 

“.. any illegal seizure of arrested Russian funds or income from them must be converted into additional territories and other property of country 404. Or by confiscating the valuables of the British Crown. There are still enough of them in various places, including those located in Russia.”
https://twitter.com/DD_Geopolitics/status/1963515368141467821

NATO

Sachs

Kaja
https://twitter.com/peacemaket71/status/1963457298078089567

Putin
https://twitter.com/nxt888/status/1963309350921060686

AfD

 

 

 

 

And most of Europe shares that dream. Provided the US fights their fight.

• Zelensky’s Dream Is NATO-Russia War – Ex-Polish President (RT)

Vladimir Zelensky’s “dream” is to draw NATO directly into the conflict with Russia on Ukraine’s behalf, former Polish President Andrzej Duda said Tuesday. Speaking in an interview with journalist Bogdan Rymanowski, Duda recalled an incident in November 2022, when a Ukrainian air defense missile struck near a Polish border village, killing one person. Zelensky immediately blamed Russia and urged Warsaw to invoke NATO’s collective defense clause. Duda said the Ukrainian leader pressured him to publicly declare the weapon Russian in origin, which he refused to do.

“From the very beginning, they’ve been trying to drag everyone into the war. That’s obvious,” Duda said. “Any leader of a nation in a situation like Ukraine’s would want the entirety of NATO to fight on its side.” “Having NATO support for the army, NATO tanks and soldiers fighting side by side against Russia – that’s a dream [in such circumstances],” he added, stressing that “Poland, being a NATO state, could never have agreed to that.” Poland has been one of Kiev’s staunchest backers, providing both arms and diplomatic support. Moscow has claimed that Polish nationals make up a significant portion of foreign mercenaries fighting in Ukraine’s military ranks.

The relationship between Warsaw and Kiev has also seen disputes. In 2023, several eastern European states, including Poland, banned EU-facilitated Ukrainian grain imports, citing market disruptions. Tensions have also repeatedly flared over Kiev’s veneration of nationalist figures responsible for the mass killing of Poles during the Second World War. Moscow has long described the Ukraine conflict as a NATO proxy war against Russia, warning that European members of the US-led bloc risk direct confrontation by fueling the hostilities. Prior to the escalation in 2022, Russia sought a legally-binding pledge that NATO would freeze its expansion eastward, a proposal that was rejected.

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No, Russia will not allow troops inside Ukraine. Every word about it is a waste of everybody’s time.

• Europeans Ready To Offer Security Guarantees To Ukraine – Macron (RT)

A number of European countries are prepared to offer security guarantees to Ukraine once a peace deal between Kiev and Moscow is signed, French President Emmanuel Macron has said. He made the comments after months of debate within NATO about possible models for post-conflict Ukraine, which have coincided with US President Donald Trump’s renewed efforts to mediate a deal with Russia. “We Europeans are ready to offer security guarantees to Ukraine and its people on the day a peace deal is signed,” Macron said following a meeting with Ukrainian leader Vladimir Zelensky in Paris on Wednesday.

“The contributions prepared, documented, and confirmed this afternoon at the level of defense ministers, in an extremely confidential manner, allow me to state that the preparatory work is complete,” he added, without specifying the details. “We are ready for a robust peace and a lasting peace for Ukraine and for Europeans,” Macron said.Zelensky expressed confidence that “firm security guarantees” would be agreed upon during the meeting of Ukraine’s backers, known as the Coalition of the Willing, on Thursday. Kiev has been pressing the West to provide guarantees that could serve as a substitute for NATO’s collective defense after the US effectively blocked Ukraine’s bid to join the bloc.

Several European nations, including France and the UK, have voiced their readiness to deploy peacekeepers, while Germany recently said it has no such plans. Trump has ruled out sending US troops to Ukraine. Russia has repeatedly warned that it would not tolerate NATO countries’ soldiers on Ukrainian soil, even under the guise of a peacekeeping force. President Vladimir Putin has listed an end to Western military aid to Kiev as one of the conditions for a ceasefire.

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As long as the West refuses to admit that Russia won, they can demand peace talks on an equal basis. Or so they think.

• Kremlin Blasts ‘Unacceptable’ Western Plan For Ukraine Security Guarantees (ZH)

After earlier this week European Commission President Ursula von der Leyen boasted to The Financial Times that the European Union had “pretty precise plans” for deploying a multinational force to Ukraine, and which is backstopped by the Untied States, the Kremlin has made clear it has flatly rejected such a prospect. Ministry of Foreign Affairs spokeswoman Maria Zakharova said Wednesday that Moscow would not even discuss or entertain in any way deployment of foreign troops in Ukraine as part of a future peace deal. There will be no international post-conflict security force “in any format” – she made clear. “Russia is not going to discuss the fundamentally unacceptable and security-undermining foreign intervention in Ukraine in any form, in any format,” Zakharova told reporters on the sidelines of the Eastern Economic Forum in Vladivostok.

Suggesting that it’s entirely a waste of time for the West to be talking about such a topic, she said “next time they aim to discuss this topic, they should have a pointer in the form of Russia’s position.” “Judging by Ukraine’s losses, the European Commission has simply outdone itself,” Zakharova added, at a moment Russia’s ground forces continue to make gains in the east, and even into the more central Dnipropetrovsk region. And yet Europe is still forging ahead, with French President Emmanuel Macron hosting a summit of European leaders on Thursday. He declared, “We are ready, we the Europeans, to offer the security guarantees to Ukraine and Ukrainians the day that a peace (accord) is signed.”

He called details of guarantees “extremely confidential” but indicated that the preparations had been complete. Various allied defense ministers will take up the issue in the Paris meeting on Thursday. But confidential or not, Russia has clearly already rejected whatever multinational force plan that the Western allies have on the table. Moscow has consistently made clear its position, stretching back months or even over the last year, but this doesn’t seem to have gotten through to Western capitals. President Putin while speaking from Beijing Wednesday, after observing Xi’s big military parade along with North Korea’s Kim Jong Un, didn’t sound like he’s in a hurry to make compromises at the negotiating table.

He painted a picture of his troops having the clear battlefield momentum and upper-hand, describing that “Ukrainian combat-ready units are staffed at no more than 47-48%,” in a speech. “Ukrainian military is constantly forced to redeploy units from one part of the front, to another,” he said. That’s when he underscored that if the Ukraine conflict “cannot be resolved peacefully, Russia will be forced to achieve its objectives by military means.”

He did say that “If Zelensky is interested in meeting, let him come to Moscow” – but that such a meeting can only happen once clear understandings are reached, and if something substantial can be agreed up, and not just for the sake of optics or having a meeting just to have it.

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They’re attacking (the sovereignty of) NATO members.

• Ukrainian Attacks On EU Oil Supplies Are ‘Sanctions’ – Zelensky (RT)

Kiev’s attacks on Hungarian and Slovakian energy supplies from Russia are a form of “sanctions,” Ukraine’s Vladimir Zelensky has claimed. In August, Ukraine repeatedly struck the Druzhba pipeline, a key conduit transporting Russian and Kazakh crude to Slovakia and Hungary. Both EU nations have since accused Kiev of threatening their energy security. US President Donald Trump is “very unhappy” that nations in Western Europe are still buying oil from Russia, Zelensky said at a joint press conference alongside French President Emmanuel Macron in Paris on Thursday. “Among others, there are two countries, we know that these are Hungary and Slovakia,” he said.

Ukrainian attacks on the Russian energy pipelines “reduce the possibilities of [Hungary and Slovakia] obtaining the corresponding oil,” he added. Therefore, you see, Ukraine has found these types of sanctions. However, according to Budapest, Trump has voiced displeasure at Kiev’s attacks on the Druzhba pipeline. “I am very angry about it. Tell Slovakia,” he said in a letter to Prime Minister Viktor Orban shared by Hungarian officials last month. Both Budapest and Bratislava have demanded that the European Commission act against Ukrainian attacks on a pipeline “indispensable” to their energy security, Hungarian Foreign Minister Peter Szijjarto said last month.

The EC has since said that it contacted Kiev and asked all sides to “ensure the security of critical infrastructure.” Szijjarto announced on Monday that Hungary would accelerate the development of a joint oil pipeline with neighboring Serbia. He added that gas supplies to the country via Serbia and the TurkStream route have grown to 21 million cubic meters a day. Slovakia will “retaliate very harshly” against Ukrainian attacks on the Druzhba pipeline, Slovak Prime Minister Robert Fico told Putin in China on Tuesday, adding that he will raise the issue in talks with Zelensky later this week.

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His grandfather was a card-carrying member of the nazi party. Which lost to Russia in1945.

• Merz Driven By Desire For ‘Maniacal Revenge’ Against Russia – Moscow (RT)

German Chancellor Friedrich Merz harbors a “maniacal drive for revenge” against Russia based on Nazi-era grievances, according to the Foreign Intelligence Service (SVR) in Moscow. The chancellor’s stance – including his push for Ukraine to use German missiles against Russia – has reportedly caused concern in Berlin. Merz has pledged to supply long-range Taurus missiles to Kiev but has not commented publicly on the details. According to a press release from the SVR on Thursday, the chancellor’s anti-Russian stance is partly fueled by a personal family grievance tied to Nazi Germany’s defeat in World War II. “Desire for revenge grew in him from childhood and morphed into an overwhelming passion after the launch of his political career,” the statement said, adding that Merz’s attitude is well known to his inner circle.

The agency accused Berlin of preparing a batch of Taurus missiles with identifying markings removed to conceal their origin. It further alleged that any potential launches from Ukraine would be carried out by German troops, as training local forces to operate the systems would take too long. “Merz’s maniacal drive for revenge is causing growing concern among the political elites [in Germany],” the SVR said, adding that politicians in Berlin fear Russian retaliation if the missiles are used. Earlier this week, Merz urged Western allies to pursue “economic exhaustion” of Russia through sanctions on its trade partners, saying military aid for Ukraine alone was inefficient. He also labeled Russian President Vladimir Putin “perhaps the most serious war criminal of our time,” insisting there could be no “leniency” toward Moscow.

Putin dismissed the accusations, suggesting Merz was attempting to absolve the West “of responsibility for the tragedy currently unfolding in Ukraine.” Moscow characterizes the conflict as a NATO-driven proxy war waged “to the last Ukrainian.” Merz’s family history has also drawn scrutiny. Local media have cited archives showing that his maternal grandfather, Josef Paul Sauvigny, who served as mayor of Brilon under the Nazis, was granted NSDAP membership at least in May 1937, after applying sometime between 1933 and 1936. Merz had previously denied the connection, but acknowledged Sauvigny’s Nazi ties during his campaign for the chancellorship. He stressed that his grandfather had died in 1967, when Merz was 13 years old.

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“..Merz’s maniac desire for revenge is causing increasing concern among the German political elite, the Russian Foreign Intelligence Service concluded.”

• Merz Instructs To Hide German Involvement In Taurus Deliveries To Ukraine (Sp.)

German Chancellor Friedrich Merz gave instructions to hide Germany’s involvement in the Taurus missile deliveries to Ukraine as much as possible, the Russian Foreign Intelligence Service (SVR) said on Thursday.
Last week, the German cabinet passed a draft bill to introduce voluntary military service, which may pave the way for mandatory conscription if extra troops are required. Merz said Germany needed to enhance its military capabilities in light of an alleged threat posed by Russia. “The Chancellor, admittedly, takes into account the risks of Germany’s direct involvement in military operations against Russia. In this regard, he instructed to hide Berlin’s involvement in the supply of such weapons to Kiev as much as possible,” the statement said.

German politicians fear that the use of Taurus missiles on Russia can trigger a retaliatory strike, under which all the territory of Germany would be at risk, the Russian Foreign Intelligence Service said. The factory markings are being removed from the missile components and individual parts are being replaced from the Taurus systems, the statement said. “However, Merz cannot escape the fact that the Taurus will be operated by German military personnel sent to Ukraine,” the statement added. Many European experts are puzzled by Merz’s harsh anti-Russian rhetoric in the context of advancing the Russia-US dialogue on Ukraine, and Merz’s maniac desire for revenge is causing increasing concern among the German political elite, the Russian Foreign Intelligence Service concluded.

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“..Russia could displace up to half of the more than 40 million tons of LNG China currently imports each year, including from the US..”

• Russia-China Gas Deal To ‘Turn The LNG Market On Its Head’ (RT)

Russia’s announcement this week of expanded pipeline gas exports to China could shake the global liquefied natural gas (LNG) market and squeeze out US suppliers, Bloomberg reported on Wednesday. During his visit to China, Russian President Vladimir Putin confirmed that Moscow and Beijing had reached consensus on a major new pipeline across Mongolia, which would significantly boost existing supplies. Although Chinese officials did not immediately comment, Bloomberg noted that “the ties binding Russia to its most important consumer have undoubtedly tightened.” The proposed Power of Siberia 2 pipeline could be operational by 2030.

Combined with other supply increases, Russia could displace up to half of the more than 40 million tons of LNG China currently imports each year, including from the US, Bloomberg estimated. ”Given that China is the largest importer of LNG, this would turn the LNG market on its head,” analysts at AB Bernstein, a Wall Street research and brokerage firm, wrote in a note cited by the outlet. “For LNG projects that are still being contemplated, this would be a big negative.” The report framed the development as a signal from Beijing to Washington that it does not need US LNG for long-term growth, a message sent as relations between the two countries sour.

Bloomberg added that China appears comfortable with deeper reliance on Russian supplies, which Bernstein predicted could cover 20% of its gas demand by the early 2030s, up from around 10% today. This week, China also received its first shipment from Russia’s Arctic LNG 2 project, despite US sanctions. Moscow has accused Western governments of prioritizing geopolitics over fair competition, pointing to the freezing of Russian sovereign assets and attempts to curtail its energy exports through economic restrictions. Russian officials argue such actions are pushing Moscow to seek more dependable customers, particularly for pipeline gas, which requires heavy infrastructure investment and long-term cooperation.

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Bulgaria should sue the European Commission.

“..the Commission cited Bulgarian authorities as suggesting the incident was “due to blatant interference from Russia.”

“In an interview with Bulgarian channel bTV, Deputy Prime Minister and Transport Minister Grozdan Karadjov denied that the government had submitted any information on the matter to the European Commission, contradicting the Commission’s assertion that Bulgarian authorities suspected the disruption was the result of the Kremlin’s hybrid warfare.”

• Bulgaria Debunks von der Leyen Jet Claims (RT)

There is no evidence Russia interfered with European Commission President Ursula von der Leyen’s airplane during her recent flight to Bulgaria, the country’s authorities have said. The European Commission earlier claimed Bulgarian authorities had confirmed the incident. On Sunday von der Leyen’s pilots allegedly reported issues with their navigation systems while landing in Plovdiv on a PR exercise to visit “Europe’s frontline states.” The Financial Times Brussels bureau chief Henry Foy, who was on board the press junket, reported that the flight was “forced to circle for an hour.” EU officials later told Sky of suspected “blatant Russian interference.”

NATO chief Mark Rutte claimed “we are all on the eastern flank now, whether you live in London or Tallinn. ”However, Bulgarian Prime Minister Rosen Zhelyazkov has outright contradicted Brussels’ claim and the reporting, telling parliament on Thursday that no evidence of a Russian attack had been found and that von der Leyen’s plane did not suffer any serious issues, only short-term signal degradation, which is common in densely populated areas.

“After checking the onboard records, we saw that the pilot did not express any concerns. The plane was in the holding area for about five minutes, and the signal quality remained good the entire time,” Zhelyazkov was quoted as saying by Bild. Bulgarian Deputy Prime Minister and Transport Minister Grozdan Karadjov has also confirmed that there is “not a single fact that confirms the claim that the plane’s GPS signal was jammed,” citing empirical data, radio intercepts, recordings of our civil and military departments. In an interview with bTV, Karadjov also denied sharing any information about the incident with the European Commission.

Moscow on Thursday dismissed the “preposterous” accusations pushed by Brussels, pointing to publicly available flight tracking data which indicates that von der Leyen’s jet had reported good GPS signal quality throughout the flight. Russian Foreign Ministry spokeswoman Maria Zakharova suggested that the EU’s accusations were “not just paranoia, but a cynical plot to distract their own population from the EU’s worsening economic situation and from considering the real culprits behind the European crisis – the irresponsible, kleptocratic political elites of the European Union.” Since 2024, the Nordic and Baltic countries have accused Russia of disrupting communications on planes and ships as a form of “hybrid warfare,” allegations Russia has denied.

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Made up from A to Z.

• Did Russia Really Jam Von der Leyen’s Plane? The Data Says Otherwise (RT)

A flurry of reports from EU officials and Western media claimed this week that Russia jammed the plane carrying European Commission President Ursula von der Leyen into Bulgaria. The tale of “hybrid warfare” in the skies made front-page news across an unquestioning mainstream press. But flight-tracking data shows something very different to what has been widely reported, and Bulgaria has backed it up.

1) What Brussels claimed happened. On Sunday, von der Leyen traveled to Plovdiv as part of an Eastern Europe tour of “frontline states” in a chartered jet with the elite of Brussels media. The junket was intended to harden Western backing for Kiev. Together with Bulgarian Prime Minister Rosen Zhelyazkov, she visited the VMZ arms plant in Sopot and praised Sofia as a critical supplier of weapons to Ukraine. Yet the headlines were less about the factory floor and more about the flight path. Upon landing the Financial Times bureau chief Henry Foy claimed that Russia had “blatantly interfered” with the Commission President’s aircraft, knocking out its GPS navigation system on approach. According to those accounts, the plane was forced to circle for an hour and the pilots had to fall back on paper charts before landing in Plovdiv.

2) How the scare took off. Once seeded, the story raced through the Western press: The Financial Times carried the initial claims of “blatant Russian interference,” Politico described a “GPS scare gripping Europe,” The Guardian tied the episode into a string of alleged Russian plots. NATO Secretary General Mark Rutte declared the alliance was working “day and night” to counter jamming and spoofing. Italy floated the idea of hiding the routes of official flights altogether. The narrative slotted neatly into von der Leyen’s larger mission: selling a new round of defense spending as protection from a threatening Russia.

3) Does data back the drama? No. FlightRadar24, the go-to service Western journalists themselves usually rely on for in-flight information on Monday quietly brought the claims flying out of Brussels back down to Earth.
• Its data showed “good GPS signal quality from take-off to landing.”
• The aircraft touched down nine minutes late, not an hour.
When activists online tried to poke holes, FR24 doubled down with a second statement: the telemetry is clear, no signal loss, no blackout. Furthermore, the flight path published by FR24 shows a standard figure of either approach and landing, no circling. In other words: no evidence of Russian jamming, no missing hour, no emergency fallback to paper maps.

4) Official walk-backs, muted corrections. Zhelyazkov on Thursday told the Bulgarian parliament that there had been no attempts to jam the GPS signal and that any break was consistent with flying over heavily populated areas. “After checking the plane’s records, we saw that there was no indication of concern from the pilot. Five minutes the aircraft hovered in the waiting area, with the quality of the signal being good all the time,” he told lawmakers. The European Commission itself quietly denied there had been any “targeted actions” against von der Leyen’s plane. Despite that, the original “Russian plot” framing still stands, uncorrected, in most coverage.

5) Moscow cries foul. Moscow was quick to seize on the contradiction. Foreign Ministry spokeswoman Maria Zakharova called the reports “preposterous” and part of a Western “web of lies.” The point, she argued, was not aviation safety but distraction – keeping Europeans focused on an external enemy while their economies strain under sanctions and defense bills.

6) Bottom line.The EU got its headline about Russian interference. But von der Leyen’s jet didn’t circle for an hour, didn’t lose GPS, and didn’t need paper maps. FlightRadar24’s data doesn’t match the drama.

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“In a Tuesday court filing, Cook’s lawyers said she “did not ever commit mortgage fraud.”

• DOJ Opens Grand Jury Criminal Investigation Fed Governor Lisa Cook (ZH)

The Department of Justice has opened a criminal investigation into Federal Reserve governor Lisa Cook – and has issued multiple subpoenas as part of the inquiry into whether she committed mortgage fraud, according to the Wall Street Journal, citing ‘officials familiar with the matter.’ The probe – for which a grand jury has been assembled, will begin by looking at Cook’s properties in Ann Arbor, Michigan and Atlanta. It comes on the heels of two criminal investigations from Federal Housing Finance Agency director Bill Pulte, who has been dropping receipts for weeks with evidence that Cook committed fraud – including claiming two properties as her “primary residence” – as well as claiming that a rented out third property was her ‘second home’ – all things that would qualify her for better rates and tax treatment.

“Pulte accused Cook of misleading banks on multiple mortgage applications to receive favorable lending terms, such as lower interest rates, typically given to a buyer who intends to occupy the home they purchase. A judge is considering Cook’s request for an emergency order stopping her from being removed from the Fed board while the case proceeds. The Fed’s next meeting is set to begin Sept. 16.” -WSJ. Last Thursday, Cook filed a lawsuit against the Trump administration after President Donald Trump fired her that Monday ‘for cause.’ Among the excuses contained in the lawsuit for alleged mortgage fraud was a possible clerical error.

Except, Cook described herself in her 2023 nomination hearing as having “significant experience in banking and finance, as is evidenced by my service on the board of directors of the Federal Reserve Bank of Chicago and of a Community Development Financial Institution in Michigan, in addition to my employment at an investment bank and a large commercial bank.” What’s more, the Federal Reserve Act allows the president to fire Fed governors ‘for cause’ – which the Trump administration claims applies. In a Tuesday court filing, Cook’s lawyers said she “did not ever commit mortgage fraud.”

Pulte shot down any notion that the fed wasn’t political in a Thursday appearance on CNBC, saying “I don’t believe for the last 4 years that the Fed has been independent.” According to the report, the DOJ investigation involves Ed Martin, a top DOJ official who AG Pam Bondi designated to investigate mortgage fraud among public officials.

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More Lisa Cook. She thought that nobody would dare touch her.

“In 2024, there were 38 federal mortgage fraud offenders who received an average prison sentence of 14 months..”

• Lisa Cook May Be in Real Trouble Now (Margolis)

Last month, President Donald Trump fired Federal Reserve Governor Lisa Cook amid allegations of mortgage fraud, and the left promptly freaked out, with Rep. Maxine Waters (D-Calif.) calling for Trump’s ouster via the 25th Amendment. Now, according to a report from The Wall Street Journal, Cook’s legal problems have just become very real. “The Justice Department has opened a criminal investigation into Federal Reserve governor Lisa Cook, issuing subpoenas as part of an inquiry into whether she submitted fraudulent information on mortgage applications, according to U.S. officials familiar with the matter,” the paper reported Thursday. The initial scrutiny has centered on Cook’s properties in Ann Arbor, Mich., and Atlanta, with investigators using grand juries as part of the probe, the officials said.

The investigation comes on the heels of two criminal referrals from Bill Pulte, the Trump-appointed director of the Federal Housing Finance Agency, who has publicly alleged that Cook engaged in mortgage fraud. President Trump has cited those allegations in his bid to fire Cook and wrest control of a central bank that has historically remained independent. [..] Cook filed a lawsuit last month alleging Trump’s move to fire her was unlawful. She argued Trump “concocted” a basis for her firing to vacate a seat on the board that he can fill to “forward his agenda to undermine the independence of the Federal Reserve.” Cook has argued in court that her firing was illegal. She points out that the Federal Reserve Act allows a president to fire a governor only “for cause,” not because of political disputes or unsubstantiated claims.

Cook says she never received a fair hearing or proper notice, adding that she “has been deprived of her Fifth Amendment right to due process, and of her right to process under the Federal Reserve Act.” Despite her claims, recent reports have shown that Cook has indeed listed multiple residences she owns as her primary residence, a move that property owners commonly make to obtain better mortgage terms. Both Sen. Adam Schiff (D-Calif.) and New York Attorney General Letitia James are facing similar accusations.

“Felony convictions of mortgage fraud are relatively rare. In 2024, there were 38 federal mortgage fraud offenders who received an average prison sentence of 14 months, according to the U.S. Sentencing Commission,” the Wall Street Journal notes. “A 2023 report from the Federal Reserve Bank of Philadelphia found that one-third of single-family home investors misrepresent their occupancy status on their mortgage applications.” But that’s not really the point here, is it? Cook wants due process, and she’s getting it. Whether the DOJ decides to prosecute her or not, as a former Federal Reserve governor, she should have known better than to claim multiple homes as her primary residence. Her willingness to do so raises serious questions about her judgment, which makes her unfit for a position that demands integrity and accountability.

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Gotta do it. This is the ultimate lawfare. $83.3 million for the script of a detective series episode, it makes no sense. It turns the entire US justice system into a laughing stock.

• Trump Tells Supreme Court He Will Appeal in E. Jean Carroll Case (ET)

President Donald Trump plans to ask the Supreme Court this fall to overturn a civil jury verdict that found he sexually abused writer E. Jean Carroll and defamed her, his attorneys said in a new court filing. Trump’s intentions were revealed in an application docketed by the nation’s highest court on Sept. 2. In the application, his lawyers asked the court to extend an upcoming Sept. 10 deadline for filing a petition to challenge the $5 million verdict to Nov. 10. The application was directed to Justice Sonia Sotomayor, who handles urgent appeals from New York. Trump “intends to seek review” of “significant issues” arising out of the trial and what he termed the “erroneous” ruling by the U.S. Court of Appeals for the Second Circuit that affirmed the verdict, according to the application.

On June 13, a divided Second Circuit denied a rehearing in the case. Circuit Judges Steven Menashi and Michael Park dissented from the ruling. “These holdings conflict with controlling precedents and produced a judgment that cannot be justified under the rules of evidence that apply as a matter of course in all other cases,” Menashi said in a dissent joined by Park. Trump’s attorney in the case, Justin D. Smith of James Otis Law Group LLC in St. Louis, Missouri, said more time was needed to file the petition. “Undersigned counsel faces a significant press of business due to many upcoming deadlines,” Smith said. Carroll gave evidence during a 2023 trial that Trump attacked her in 1996 in a dressing room in a Manhattan department store near the Trump Tower.

In its May 2023 verdict, the federal jury held Trump liable for sexually abusing Carroll and defaming her when he made statements in October 2022 denying her allegations. The jury awarded Carroll $5 million in damages. In another lawsuit filed by Carroll, a federal jury ordered Trump to pay $83.3 million in damages over statements he made in 2019 denying the sexual assault allegations. A three-judge panel of the Second Circuit affirmed the verdict in December 2024, rejecting Trump’s argument that the trial judge’s ruling invalidated the trial by allowing others who accused Trump of sexual abuse to testify. Three women said Trump carried out similar acts against them in 2005 and the 1970s. Trump denied the allegations.

“President Trump has consistently and unequivocally denied Carroll’s allegations in both cases,” the new application said. Carroll obtained the $5 million award based on “incorrect findings,” after which the federal district court “wrongly” interpreted the law and “improperly [prevented] President Trump from contesting the merits in that action,” the filing said. After that, Carroll secured the “unjust judgment of $83.3 million,” the application said. “We do not believe that President Trump will be able to present any legal issues in the Carroll cases that merit review by the United States Supreme Court,” Roberta Kaplan, Carroll’s attorney, said on Sept. 3.

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Bernie and Pocahontas. Time did stand still.

There are 1,000 different people coming after RFK. Big pharma wants its profits.

• RFK Jr Spars With Senators During Wild Testimony (ZH)

Update (1520ET): Well that was actually pretty interesting. As Democrat Senators read prepared zingers to try and corner RFK Jr. over vaccines and other malarkey, Kennedy hit back with several very specific haymakers during the three-hour session – calling the Democratic lawmakers ‘liars’ – and even pointing out the Elizabeth Warren has taken nearly a million dollars from pharmaceutical companies. At the center of Thursday’s hearing was Kennedy’s surprise decision last week to fire CDC Director Susan Monarez, just a month after she took the job. The move plunged the agency into turmoil, prompting several senior officials to resign. Kennedy accused Monarez of lying in a Wall Street Journal op-ed published the same morning, in which she claimed she was removed for refusing to “rubber stamp” vaccine recommendations from Kennedy’s advisory committee.

“We are the sickest country in the world, that’s why we have to fire people at CDC,” Kennedy said. Kennedy also defended his June purge of 17 members of the CDC’s vaccine advisory panel, known as ACIP, framing the move as an effort to “depoliticize” the committee. “I didn’t politicize ACIP, I depoliticized it,” he insisted. Kennedy also said that that leading medical organizations, including the American Academy of Pediatrics, were compromised because they accept pharmaceutical industry funding. That prompted an exasperated retort from Sen. Bernie Sanders (I-VT): “In your eyes, everybody but you is corrupt.” During one fiery exchange with Senator Elizabeth Warren, Kennedy said “I know you’ve taken $855K from PHARMA COMPANIES, SENATOR!”

https://twitter.com/townhallcom/status/1963635271578038376?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1963635271578038376%7Ctwgr%5E0f72b4e1d2c1fc8daa8fcbd861acce5571871756%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fpolitical%2Fwatch-live-rfk-jr-testifies-senate-amid-cdc-turmoil

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Sounds like the power structure of the whole AI industry is sort of settled. It isn’t. Far too early for that.

• Musk Snubbed From Trump’s Tech CEO Party At Rose Garden (ZH)

The Hill has obtained the invitation list for an exclusive White House gathering later today in the newly renovated Rose Garden. This event will follow a White House event on artificial intelligence hosted by First Lady Melania Trump. Among those set to attend are Apple CEO Tim Cook, Microsoft co-founder Bill Gates, OpenAI’s Sam Altman, and Meta founder Mark Zuckerberg. “The Rose Garden Club at the White House is the hottest place to be in Washington, or perhaps the world. The president looks forward to welcoming top business, political, and tech leaders for this dinner and the many dinners to come on the new, beautiful Rose Garden patio,” White House spokesperson Davis Ingle told the media outlet.

Noticeably absent, according to The Hill, was Elon Musk, whose strained relationship with President Trump earlier this year likely kept him off the guest list. Trump last night, commenting about Musk: “He’s got 80% super genius and then 20% he’s got some problems.”

https://twitter.com/ScottJenningsKY/status/1963347028198781416?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1963347028198781416%7Ctwgr%5E262f9ef54462efe829319af83a888e94f771ba1a%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Ftechnology%2Fmusk-snubbed-trumps-tech-ceo-party-rose-garden

The snub is reminiscent of the Biden-Harris administration’s decision not to invite Musk to a 2021 White House EV summit. Other attendees include many top tech leaders and CEOs, such as Sergey Brin and Sundar Pichai, founder and CEO of Google, respectively; Safra Catz, CEO of Oracle; David Limp, CEO of Blue Origin; Sanjay Mehrotra, CEO of Micron Technology; and Greg Brockman, President of OpenAI. White House AI czar David Sacks will be in attendance, along with Jared Isaacman, CEO of Shift4, who recently withdrew his nomination to lead NASA.]

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“The only question remaining is whether those responsible will be held accountable or whether the ruling elite are just too powerful to ever be held accountable.”

• The Power Resides in the Enemies of Truth (Paul Craig Roberts)

RootsAction is an activist site founded by two progressives to defend the public interest from “an increasingly extremist Republican Party.” RootsAction believes that both parties are compromised by corporate money and power, is against the wars, and was endorsed by Barbara Ehrenreich, Cornel West, Daniel Ellsberg, and Naomi Klein, all principled persons whether or not you agree with them. Some of the organization’s positions are reasonable–put limits on Super PACs to limit the amount of bought government; consider the risks of nuclear power plants–others are half-baked by ignoring the adverse consequences. Therefore, I was surprised to receive from RootsAction an email addressed specifically to me, not a mass mailing, calling for Robert F. Kennedy’s removal as Health Secretary.

Their case against Kennedy is that the limits he has put on the Covid vax, now proven to have caused more deaths and health injuries than Covid, and on other vaccines associated with the plethora of new childhood illnesses that did not previously exist, together with regulations to improve food safety, “is causing future deaths and suffering on a large scale.” As there is no evidence for this charge, the question arose in my mind whether RootsAction was being paid by Big Pharma as a part of Big Pharma’s policy of putting its profits ahead of Americans’ health and safety. Just as President John F. Kennedy, Robert F. Kennedy Jr’s uncle, was considered a risk to the power and profit of the US military/security complex, Robert F. Kennedy Jr is considered a risk to the power and profit of Big Pharma.

This suspicion increased when I saw that RootsAction was predicting future deaths from constraints Kennedy placed on the corrupt revolving door between Big Pharma and the CED, NIH, and FDA and cessation of federal funding for Big Pharma-serving propaganda. How is it possible that RootsAction has learned nothing from the proliferation of scientific peer-reviewed studies documenting the disastrous effects of the Covid Vax, lockdowns, and masks? As the whore media continues to hide these established results from the public in exchange for Big Pharma advertising revenues, it is possible that RootsAction simply doesn’t know the facts. The CDC directors and bureaucrats who were fired were fired for putting Big Pharma’s profits ahead of the public’s health. Many of them came from Big Pharma and many returned to Big Pharma.

The Covid Pandemic was an orchestration. Just as RootsAction disapproves, I assume, of the current orchestrations to promote wars, such as Iran’s alleged “nuclear weapons” and Venezuelan President Maduro’s alleged “narcotics cartel,” like Saddam Hussein’s “weapons of mass destruction” and Assad’s “use of chemical weapons,” RootsAction should disapprove of Big Pharma’s orchestration to remove Robert Kennedy. For many years my columns have emphasized the decline in the ability of truth to get a hearing. There are many reasons for this: The rise of ideological agendas for which truth is an obstacle, the concentration of the print and TV media in six mega-companies thereby making it possible to establish official narratives regardless of their truthfulness, and an insouciant and largely ignorant population without the interest and ability to examine the official narratives.

Indeed, today in the US education consists of indoctrinating students with official narratives and cancelling those who challenge the narratives. The simple fact is that truth is disappearing, because it does not serve the agendas of the ruling elites. This explains why it is so difficult for Robert Kennedy, Donald Trump with his mandate, and anyone else to set things right. The power resides in the enemies of truth. Consequently, important issues, often crucial ones, are settled by canceling the narrative challenger, smearing him, arresting him on false charges, passing a law to protect the narrative, or simply by ignoring the challenge which is the whore media’s response to the Covid scandal.

Impossible you say? Think about the recent Russiagate hoax. The entirety of the Biden regime, Democrat Party, TV, print, and NPR media, liberal-left intellectuals and professors, RINO Republicans like Republican Senate Leader Mitch McConnell, the Entire UK and EU press and public figures supported the Russiagate hoax. Yet, as we now know for certain, never was a greater lie perpetuated on the world. The only question remaining is whether those responsible will be held accountable or whether the ruling elite are just too powerful to ever be held accountable.

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10 years too late.

• New Greek Law Promises Prison For Rejected Asylum-Seekers (ZH)

In the latest example of a European government taking stronger measures to curb illegal immigration, the Greek Parliament on Wednesday passed a law that promises lengthy prison sentences for migrants who stay in the country after their asylum requests have been rejected. “The Greek state does not accept you. You only have one choice: to go back. You’re not welcome,” said Migration Minister Thanos Plevris after the bill passed. The new law is the second major tightening of Greek immigration in the last two months. On July 9, conservative Prime Minister Kyriakos Mitsotakis completely suspended asylum applications for three months, saying he was effectively notifying human smugglers that “the passage to Greece is closed.”

The two moves came after the pace of illegal-immigrant arrivals on Crete reached crisis levels this summer, with the number of illegals landing on the island in the first six months of 2025 tripling over the same period last year. The last straw that prompted Mitsotakis’ three-month asylum ban was the arrival of more than 2,600 illegals on Crete just during the first week of July. The move quickly paid off, slashing arrivals to just 500 over the first 27 days of August. Under the new law, which was championed by Mitsotakis, migrants who fail to leave the country after their asylum request is rejected face up to five years in prison and fines of up to 30,000 euros. The penalty for illegal entry is tripled to 10,000 euros.

The deadline for leaving after being rejected was slashed from 25 days to 14, and authorities are now authorized to outfit rejected applicants with ankle monitors so they can be tracked until they leave, the New York Times reports. The law also abolished illegal immigrants’ previous privilege of applying for residence after they’d been in Greece for seven years. During parliamentary debate on Tuesday, Plevris said asylum-seekers fell into two categories: “There are those who are downtrodden, and then there are some who are spoiled, who think that Europe owes them. We need to put emphasis on the voluntary returns, but there will be consequences for those who do not choose to return to their countries.” Crete became a preferred dumping ground for migrant-smugglers after other European countries imposed tougher asylum processes or increased their offshore patrols and other security measures.

When asylum requests were barred, Plevris told a reporter: “All European countries now understand that it is not possible to have open borders, it’s not possible to welcome illegal migrants with flowers. There should be a clear message that countries have borders, (that) Europe has exceeded its capabilities and will not accept any more illegal migrants.” In one of the continuing consequences of Barak Obama and Hillary Clinton’s utterly catastrophic regime-change operation, most of the diversity landing on the shores of Crete this year has come from Libya. Cursed by geography, Greece has long suffered from the effects of US-led destabilization campaigns, particularly in 2015-16, when hundreds of thousands of people fleeing the Middle East, Afghanistan and Africa flowed through the country.

Read more …

 

 

 

 

Ladapo
https://twitter.com/EricLDaugh/status/1963254999204442607

Siberia2

Wealth

Pirro

https://twitter.com/KathleenWinche3/status/1963192428246040749

 

 

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

 

 

 

 

 

Debt Rattle July 11 2025

Jul 112025
 
 July 11, 2025  Posted by at 9:17 am Finance Tagged with: , , , , , , , , , , ,  38 Responses »


Pablo Picasso Female bust 1943

 

• Trump To Send $300 Million Worth Of Weapons To Ukraine – Reuters (RT)
• NATO Will Pay for US Weapons Designed to Be Supplied to Ukraine – Trump (Sp.)
• US Lacks Interest in Boosting Aid to Ukraine – Jeffrey Sachs (Sp.)
• Ukraine and EU ‘Already Lost’ [to Russia] – Orban (RT)
• Alan Dershowitz Says He Knows Who’s On The Epstein List (ZH)
• Will Pam Bondi Get Axed After the Epstein Debacle? (Margolis)
• Trump and Musk Allies Fight For Control of DOGE – WSJ (RT)
• Kiriakou: How Intelligence Agencies Gather Blackmail on Politicians (ZH)
• Von der Leyen Survives No-Confidence Vote, Dissent Surprises Brussels (TASS)
• EU Will Soon Collapse Without Russian Resources – MEP (RT)
• Everybody Loves Marco (PJM)
• America’s Cops Are Finally Safer. Can You Guess the Reason Why? (Margolis)
• Globalism Destroyed American Jobs (Paul Craig Roberts)
• Most US Law Enforcement Funds Are Going To Immigration & Border (ZH)
• Did Joe Biden’s Doctor Just Confirm a Cover-Up of His Health? (Margolis)
• Greece Suspends Asylum Applications For Arrivals From North Africa (RT)
• What Just Happened In Rio Should Terrify The West (Ibragimov)

 

 

 

 

https://twitter.com/EricLDaugh/status/1942986868989055479

bannon
https://twitter.com/KarluskaP/status/1942959341415575610

Glenn

Bird flu

 

 

 

 

“Defense Secretary Pete Hegseth, a longtime skeptic of expanded aid to Kiev, reportedly ordered the pause without consulting Trump..”

• Trump To Send $300 Million Worth Of Weapons To Ukraine – Reuters (RT)

US President Donald Trump will for the first time use his authority to send weapons drawn from Pentagon stockpiles directly to Ukraine, Reuters reported on Thursday, citing two people familiar with the decision. While the Trump administration has so far only delivered weapons approved under his predecessor, former President Joe Biden, the Presidential Drawdown Authority (PDA) allows Trump to supply arms to Ukraine in an emergency. The new shipment could reportedly be worth around $300 million and may include Patriot surface-to-air missiles as well as medium-range rockets. The move would mark a reversal of the Pentagon’s recent decision to halt some deliveries over concerns about depleting domestic stockpiles.

Defense Secretary Pete Hegseth, a longtime skeptic of expanded aid to Kiev, reportedly ordered the pause without consulting Trump. The president confirmed earlier this week that he would send additional arms to Ukraine, while Secretary of State Marco Rubio later told reporters that the pause “unfortunately was mischaracterized.” During his election campaign, Trump criticized Biden’s unconditional aid to Kiev and called Ukrainian leader Vladimir Zelensky “the greatest salesman on Earth” for persuading Democrats to keep weapons flowing.

Weapons supplies remain critical, as Ukrainian forces continue to lose ground to Russia and face increasing difficulties replenishing their ranks with new conscripts. Moscow has maintained that foreign arms will not prevent it from achieving its objectives. Last month, President Vladimir Putin reiterated that Russia considers Western countries supplying weapons to Ukraine as “de facto direct participants in the conflict.”

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It’s nothing personal, it’s strictly buiness.

• NATO Will Pay for US Weapons Designed to Be Supplied to Ukraine – Trump (Sp.)

US President Donald Trump said NATO, whose member Washington is, will pay for American weapons that the alliance will subsequently supply to Ukraine. “We’re sending weapons to NATO, and NATO is paying for those weapons, 100%. So what we’re doing is the weapons that are going out are going to NATO, and then NATO is going to be giving those weapons [to Ukraine], and NATO is paying for those weapons,” Trump told NBC News. He said the agreement was reached at a NATO summit in June. German Chancellor Friedrich Merz previously announced his readiness to purchase Patriot missile systems from the United States for their transfer to Ukraine. He discussed it with Trump, but there is no final decision yet.

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“The American people, including Trump’s voter base, have no interest in this war. This was, and remains, a Deep State project..”

• US Lacks Interest in Boosting Aid to Ukraine – Jeffrey Sachs (Sp.)

The US will not significantly increase arms supplies or financing to Ukraine, because American society, including voters of US President Donald Trump, are not interested in this war, Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University, told Sputnik. “Still I do not believe that the US will significantly expand its role in supplying arms or financing Ukraine. The American people, including Trump’s voter base, have no interest in this war. This was, and remains, a Deep State project,” a well-known American economist said.

Trump announced his intention to supply the Kiev regime with “some more weapons” on Monday, but did not clarify the specific types of military aid his administration plans to send or whether Patriot missiles demanded by Ukraine would be included. Axios reported earlier on Tuesday that Trump had promised to immediately send 10 Patriot interceptor missiles to Kiev and provide assistance in finding other means of military supplies.

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“..there will come a bitter moment when European leaders – apart from us and the Slovaks – will have to admit that they followed a mistaken strategy and were therefore defeated in this war.”

• Ukraine and EU ‘Already Lost’ [to Russia] – Orban (RT)

Hungarian Prime Minister Viktor Orban said both Ukraine and the EU have already lost the conflict with Russia in an interview with the YouTube channel Patriota, which was posted on Wednesday. He argued that the war cannot be won on the battlefield and should be resolved through diplomacy. The Hungarian leader suggested that “there will come a bitter moment when European leaders – apart from us and the Slovaks – will have to admit that they followed a mistaken strategy and were therefore defeated in this war.” “I believe the EU has already lost the war. Ukraine is holding on – although it’s retreating – but I think Ukraine has also lost,” Orban said. The Hungarian leader did not specify what specific strategy he was referring to, but his government has consistently opposed EU sanctions targeting Russia and refused to send weapons to Kiev.

Budapest has instead called for negotiations to find a diplomatic resolution to the conflict. Orban stressed that resolving the Ukraine conflict on the battlefield is “impossible” and insisted that it can only be ended through diplomacy, which would also help reduce, or completely prevent, further casualties. He added that the EU should never have entered this path and that it is now crucial to “slow down, stop, thank the generals for their service, bring back the diplomats and foreign ministers, and begin working toward peace.” Orban’s comments come as key EU powers have continued to advocate continued military support for Ukraine. German Chancellor Friedrich Merz suggested on Wednesday that diplomacy has been “exhausted” and vowed to keep sending arms to Kiev.

France’s defense minister has also called the demilitarization of Ukraine – one of Russia’s key demands – a “red line,” arguing that Kiev must retain a standing army if it ends up being denied NATO membership. However, other leaders have voiced skepticism. Czech President Petr Pavel, a pro-Russia hardliner, recently said the EU must reconsider its Russia strategy, warning that fighting Moscow “endlessly” would lead to massive casualties and economic damage to both Ukraine and the EU. Russia has repeatedly denounced Western military backing for Ukraine, saying it only prolongs the war. President Vladimir Putin have also described Europe’s sanctions and attempts to phase out Russian energy as “economic suicide.”

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“..I’m bound by confidentiality from a judge and cases, and I can’t disclose what I know..”

• Alan Dershowitz Says He Knows Who’s On The Epstein List (ZH)

Two days after the FBI leaked a memo to Axios revealing that the Epstein case is effectively ‘closed’ (he killed himself and there’s no ‘list’ of clients) – former Epstein attorney and associate Alan Dershowitz says he knows exactly who’s on the ‘Epstein list,’ and why it’s being suppressed from the public. “I have seen – remember I was accused falsely,” Dershowitz said on the Sean Spicer show. “Let me tell you, I know for a fact documents are being suppressed. And they’re being suppressed to protect the individuals. I know the names of the individuals. I know why they’re being suppressed. I know who’s suppressing them. But I’m bound by confidentiality from a judge and cases, and I can’t disclose what I know. But I – hand to God, I know the names of people whose files are being suppressed in order to protect them, and that’s wrong.”

SPICER: Just out of curiosity without names, are these poiticians, business leaders, both?
DERSHOWITZ: They’re everything, and look – let me tell you… a lot of them are – at least one of them is somebody who was accused. Others are accusers, and the judges have said – if somebody calls themselves a victim, we’re not going to give any information about them – but they may not be victims, they may be perpetrators. So we don’t have information about false accusers. We know there have been many false accusers who have accused innocent people for money, and those records are being deliberately, willfully suppressed – and they shouldn’t be suppressed. If the accusation is allowed out, so should the material that diminishes the credibility of the accuser. We want total transparency on this. Every single document. No redactions. That’s what I’ve said from day one… I waive any of my rights to privacy, anything there is about me, I’m happy because it will be exculpatory.”

On Wednesday, President Trump and AG Pam Bondi completely botched a reporter’s question over Epstein – with Trump lashing out, saying “Are you still talking about Jeffrey Epstein?” Then Bondi jumped in – saying “First, to back up on that. In February, I did an interview on Fox and it’s been getting a lot of attention because I was asked a question about the client list. And my response was ‘it’s sitting on my desk to be reviewed,’ meaning the file – along with the JFK, MLK files as well. That’s what I meant by that. Also to the tens of thousands of video – they turned out to be child porn downloaded by that disgusting Jeffrey Epstein. Child porn is what they were. Never gonna be released. Never gonna see the light of day. To him being an agent; I have no knowledge of that. We can get back to you on that.”

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“Bondi, she argues, either “willingly humiliated some of the president’s most loyal supporters” or is simply “lazy and incompetent.”

• Will Pam Bondi Get Axed After the Epstein Debacle? (Margolis)

Is Pam Bondi’s tenure as President Trump’s attorney general hanging by a thread? Megyn Kelly thinks so. According to her, the Epstein debacle has exposed a level of incompetence and political tone-deafness that even the most loyal Trump supporters can’t ignore. In her recent analysis, Kelly didn’t pull any punches about Bondi’s handling of the Epstein files. She called out Bondi’s performance as not just a misstep, but a full-blown embarrassment — one that may have sealed her fate in the Trump administration. Bondi, she argues, either “willingly humiliated some of the president’s most loyal supporters” or is simply “lazy and incompetent.” There’s no sugarcoating here. Kelly points to Bondi’s much-hyped promise to deliver the Epstein “client list,” only for Bondi to produce a pile of nothing: recycled, publicly available documents masquerading as bombshells.

For a base hungry for accountability and truth, this was a slap in the face. Kelly’s words cut to the heart of the matter: “If you’re going to make a spectacle out of finally revealing the Epstein files, you’d better have the goods. Pam Bondi didn’t.” Instead, Bondi delivered nothing new, just a parade of letdowns that left Trump supporters feeling duped and insulted. Kelly’s assessment is that Bondi’s actions were not just a failure; they were a betrayal of trust. And when Bondi tried to shift the blame, Kelly wasn’t buying it. Bondi’s excuse that the FBI gave her the wrong documents only made things worse. Kelly zeroed in on the lack of follow-through: promises of further revelations that never materialized and wild, unsubstantiated claims about “tens of thousands of kiddy porn or child pornography material” that only muddied the waters.

Kelly harshly criticized Bondi for briefing pro-Trump influencers with a binder full of what turned out to be old, recycled information. She accused Bondi of either being too lazy to vet the material or deliberately setting up the president’s allies — like Kash Patel and the vice president — for embarrassment. Either way, she argued, it reflects badly on Bondi. “So she’s either lazy and incompetent, or she willingly humiliated some of the president’s most loyal supporters. Neither one of those is good,” Kelly said. “And that’s why, I’m sorry, but I’m going to predict her days are numbered as a member of the Trump administration. You know, Trump, he’s not dumb. But I just don’t think, I don’t think Trump created this.”

Perhaps even more telling was the way that Trump, always quick to reward loyalty and results, conspicuously left Bondi out of his praise in a recent post on Truth Social: The FBI, under the direction of Director Kash Patel and Deputy Director Dan Bongino, is back to the basics: Locking up criminals, and cleaning up America’s streets. We have the Greatest Law Enforcement professionals in the World, but “Politics” and Corrupt Leadership often prevented them from doing their job. That is no longer the case, and now, they have been unleashed to do their jobs, and they are doing just that. Keep it up — MAKE AMERICA SAFE AGAIN! In Trump’s world, omission is often the loudest condemnation. As Kelly sees it, unless Bondi can pull off a miracle, she’s finished. And she may have a point.

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“DOGE staffers are being questioned in closed-door meetings about whether they support President Donald Trump or Musk..”

• Trump and Musk Allies Fight For Control of DOGE – WSJ (RT)

A power struggle is underway at the US Department of Government Efficiency (DOGE), The Wall Street Journal has claimed. Allies of Elon Musk are reportedly trying to retain influence as the White House moves to scale back the agency’s power. Current and former officials told the outlet that DOGE staffers are being questioned in closed-door meetings about whether they support President Donald Trump or Musk, the tech billionaire who led the department until last month. Musk quit as the head of DOGE amid disagreements with Trump over a sweeping tax and spending package called the Big Beautiful Bill, which included a $5 trillion debt ceiling hike. He criticized the legislation as undercutting DOGE’s mission to reduce federal spending.

Tension and paranoia have reportedly taken hold inside DOGE’s shrinking ranks. White House officials are now said to be working to limit the department’s influence. Despite resigning, Musk’s influence reportedly persists through Steve Davis, a longtime aide who left his government post in May. Davis has continued to interact with DOGE staff, and according to some insiders, still issues guidance. In private conversations, he has supposedly even claimed his departure was “fake news.” A DOGE official close to Musk, however, said Davis’ contact with staff is informal. Some in DOGE say Musk loyalists are pushing for a reboot under as DOGE 2.0, with a focus on modernizing government websites and IT systems rather than downsizing staff.

Others, including White House officials, suspect Musk and Davis are leveraging government ties for private business interests. WSJ noted that the struggle poses political risks for Musk, whose companies Tesla and SpaceX rely on federal contracts and are currently facing financial pressure. Last week, Trump escalated the feud, telling reporters: “We might have to put DOGE on Elon… DOGE is the monster that might have to go back and eat Elon.” On July 5, Musk announced the launch of the America Party, which he says will break the two-party system and win enough Congressional seats to gain leverage.

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“That, he says, is EXACTLY what Epstein was to intelligence agencies: someone with access (like the copy machine repairman) who quietly delivered leverage on the world’s elite.”

• Kiriakou: How Intelligence Agencies Gather Blackmail on Politicians (ZH)

You’ll see how this connects to Epstein. John Kiriakou reveals his superior got a promotion and a medal when he recruited a copy machine repairman. At first, Kiriakou laughed, but then he realized the brilliance of the plan when he learned that the repairman secretly sent every document from a prime minister’s office straight to the CIA. How did he do it? By planting a tiny device on the copy machine. “He [my trainer] said, all of us want to recruit the prime minister. We’re not going to recruit the prime minister. We’re not even going to have access to the prime minister. But the prime minister’s got a copy machine in his office. “And every once in a while, that machine is going to need to be cleaned and serviced.

So you recruit the copy machine repairman. And when he goes in there to make his repair or to clean the drums or whatever, he installs a little device that we give him so that every time somebody makes a copy, it transmits a copy back to the CIA.” What happened next? He said, “I got a promotion. I got a medal. I got a photo op with the director. It made my career…” Because this flow of information was pure leverage for the CIA:

“You know what they’re thinking. You know their next move. You know who their enemies are and who their allies are. Maybe it’s their position on trade negotiations. Maybe the prime minister has a health problem you need to plan for. You never know what might come through,” Kiriakou explained.“That ONE critical nugget is all it takes.” That, he says, is EXACTLY what Epstein was to intelligence agencies: someone with access (like the copy machine repairman) who quietly delivered leverage on the world’s elite.

https://twitter.com/JohnMcCloy/status/1942990582466437625

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30% dissent is a lot.

• Von der Leyen Survives No-Confidence Vote, Dissent Surprises Brussels (TASS)

European Commission President Ursula von der Leyen suspects certain “external forces” are trying to divide the EU, but her narrow escape in today’s no confidence vote shows that the problems may be internal. “As external forces seek to destabilize and divide us, it is our duty to respond in line with our values. Thank you, and long live Europe,” von der Leyen wrote on X. The European Union “needs strength, vision, and the capacity to act,” she argued. Earlier, a diplomat in Brussels told TASS that the results of the no-confidence vote on the EU chief “sent shockwaves through Brussels.” Even supporters of the motion expected some 15% to 20% of members to support the move, and “the share of those dissatisfied with the work of the European Commission exceeded these expectations,” he said.

The diplomat also opined that the vote “will not affect the political course being pursued by the European Commission.” According to him, next, the EC “will probably launch a large-scale media campaign for damage control, one that is likely to attribute the discontent with how the European Commission runs things to external forces,” he explained. Von der Leyen survived a no-confidence vote in the European Parliament at a plenary session in Strasbourg on Thursday. The vote followed allegations of corruption and misconduct in the EU’s procurement of COVID-19 vaccines. Out of 553 MEPs who showed up to cast a ballot, 360 voted to reject the motion, with 175 in favor and 18 abstaining.

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”[Von der Leyen], you will destroy the EU, and I am convinced that the EU will soon collapse because you are doing everything to make it happen..”

• EU Will Soon Collapse Without Russian Resources – MEP (RT)

European Commission President Ursula von der Leyen is leading the EU down a path of self-destruction by attempting to sever energy ties with Russia, Slovak MEP Milan Uhrik has said. In May, von der Leyen unveiled a plan to phase out all Russian oil and gas imports by the end of 2027, as part of the EU’s REPowerEU roadmap, which aims to eliminate the bloc’s dependence on Russian fossil fuels and shift to renewable sources. ”[Von der Leyen], you will destroy the EU, and I am convinced that the EU will soon collapse because you are doing everything to make it happen,” Uhrik said in a speech in the European Parliament on Wednesday. Moscow has argued that EU restrictions are self-defeating, causing surging energy prices and weakening the bloc’s economy. Since 2022, Germany has fallen into recession, while growth across the EU has stagnated.

Brussels is also discussing an 18th sanctions package targeting Russia’s energy and financial sectors. The proposal stalled after Slovakia vetoed it last week. Slovak Prime Minister Robert Fico argued that Slovakia was “fighting for our households and businesses” against “harmful ideological decisions” from Brussels. Neighboring Hungary also blocked the measure, warning it would cripple its energy security and spike prices. Uhrik stressed that Russian hydrocarbons remain vital for Slovakia’s industrial base. “Without them, our industry would either not function or would not be competitive,” he said. He urged fellow Slovak politician Maros Sefcovic, currently the EU’s commissioner for trade and economic security, to “stand up for Slovakia” on the issue.

Uhrik also took aim at NATO’s proposal to raise member states’ defense spending to 5% of GDP by 2035. “No, thank you – that’s enough. We just don’t want this,” he said, adding that Slovaks did not envision such a future when they joined the EU.Von der Leyen survived a no-confidence vote in the European Parliament on Thursday over her handling of COVID-19 vaccine procurement. The politician previously dismissed her critics as “conspiracy theorists” acting in the interests of Russian President Vladimir Putin.

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“In a recent interview with Tucker Carlson, Robert F. Kennedy, Jr. said that “I never was very, let’s say, approving of Marco because he was kind of a neocon war hawk and now he’s had this incredible transformation.”

• Everybody Loves Marco (PJM)

Marco Rubio may just be the most popular guy in Donald Trump’s Cabinet right now. It’s not just me saying that; the rest of the administration seems to think so, too. White House chief of staff Susie Wiles appeared on the “Pod Force Once” podcast with Miranda Devine on Wednesday, and she had what the New York Post called a “glowing endorsement” for the Secretary of State. Wiles said she often sits in Cabinet meetings and marvels at the “energetic” team Trump has put together: “But I was sitting in a Cabinet meeting one day, and they do tend to go on a while , and so I was jotting down in my notebook the, you know, how I saw the Cabinet — and these numbers are wrong, but order of magnitude correct — five published authors, seven billionaires, 11 lawyers, a couple of minorities, a Democrat or two. It is an amazing group of people that he put together.”

She singled out several people, but she seemed especially proud of Rubio. “Marco Rubio was born for this,” she said, adding that he had “quickly assimilated… in his NSC position.” She’s not the only person I’ve noticed praising the man who, once upon a time, wasn’t all that beloved by Trump and his MAGA base. In a recent interview with Tucker Carlson, Robert F. Kennedy, Jr. said that “I never was very, let’s say, approving of Marco because he was kind of a neocon war hawk and now he’s had this incredible transformation.” Today, the Health and Human Services secretary says he and Rubio are aligned on most things. He also pointed out that Rubio may be the funniest man in the Cabinet. “He says things that make people belly laugh every cabinet meeting,” he told Carlson.

Vice President JD Vance told Fox News last month that Rubio was probably his “best friend in the administration” and said they hang out all the time (to be a fly on the wall for those conversations). The president himself has even said he sees Rubio as the next potential leader of the MAGA movement. Back in May, when Trump appeared on “Meet the Press,” host Kristen Welker asked him, “When you look to the future, Mr. President, do you think the MAGA movement can survive without you as its leader?” “I think we have a tremendous group of people,” the president responded. “We talked about a number of them. You look at Marco, you look at JD Vance, who’s fantastic.”

I always thought it was interesting that he mentioned Rubio first in that interview. But, as the Post points out, numerous polls show that Vance has a strong lead over Rubio, and, in some cases, even Ron DeSantis beats him when people are asked who they’d like to have as president in 2028. Trump also gave the Secretary a nice compliment during the NATO Summit a couple of weeks ago. After Rubio fired off at the media, setting the record straight on whether or not Iran’s nuclear capabilities had been set back significantly, the president said, “You know what Marco reminded me — he did such a nice job there — it was nine years ago I had to debate this guy. It was not easy. I think he even got better. But when you were into your little thing, I said this is what I had to debate this guy.”

I’d also like to mention that anytime I write about Rubio — and I do often — I get a pretty big stream of feedback from y’all suggesting that he would make a great contender for 2028 for president or vice president for Vance. I see it on X, too. For what it’s worth, earlier today, I was going through my own X/Twitter archives looking for something completely unrelated and realized I was pushing for a Rubio for president long before it was cool. I have receipts that go as far back as 2010.

Of course, a lot can change between now and then, and I hate when we get too ahead of ourselves in politics — it’s like putting out Christmas decorations in stores in August — but there is no denying that Rubio is Trump and the GOP’s star at the moment. He’s won over the hearts and minds of much of Trump’s base, and he knows how to work the swamp. He’s great on domestic policy, and he’s even better on foreign policy. With few exceptions, leaders around the world respect him and consider him a friend. They want to work with him. And assuming nothing changes, he’ll have Trump’s backing.

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“A new report from the National Law Enforcement Officers Memorial Fund reveals a staggering 53% drop in officer fatalities..”

• America’s Cops Are Finally Safer. Can You Guess the Reason Why? (Margolis)

There’s a new reality unfolding across America, and it should give every law-abiding citizen a reason to breathe a little easier: police officers are safer on the job today than they were in recent years, and the Donald Trump presidency deserves the credit. Under Joe Biden (and Barack Obama), the men and women who wear the badge have been under siege—not just by criminals, but by a relentless anti-police movement fueled by the radical Left and amplified by their allies in the media and the Democratic Party. The “Defund the Police” crowd, with progressive politicians and activists cheering it on, did everything in its power to demonize law enforcement and turn public sentiment against those who risk their lives to keep our communities safe.

The deaths of Michael Brown and George Floyd were weaponized to push a narrative that painted every cop as a racist villain and every police department as a threat. But Americans had had enough. They saw the chaos, the rising crime, the lawlessness that swept through cities where leftist policies were given free rein. They understood that a society without respect for law enforcement is a society teetering on the brink. That’s why, when the time came, voters sent a message: they wanted law and order restored, and they wanted a president who would stand with the police, not against them.

Since President Trump’s return to the White House, the numbers speak for themselves. A new report from the National Law Enforcement Officers Memorial Fund reveals a staggering 53% drop in officer fatalities compared to the previous year. Traffic-related deaths have been cut in half. Deaths from assaults, stabbings, and other causes have plummeted. For the first time in more than half a century, the nation is on pace for fewer than 100 line-of-duty deaths by year’s end.

This isn’t a coincidence. It’s the direct result of a cultural shift away from the anti-police hysteria that defined the Left’s agenda. Under Trump, the message from the top is that our police are heroes, not villains. They deserve respect, support, and the resources they need to do their jobs. The days of the White House turning its back on law enforcement are over. The days of criminals being emboldened by soft-on-crime policies are ending. “We as an organization never like to use the words ’good news’ when we’re talking about or reporting on even a single police officer’s death, but I would call this a very welcome and encouraging trend line,” Bill Alexander, the CEO of the National Law Enforcement Officers Memorial Fund, told The Washington Times.

Mr. Alexander said the nation is on pace to see fewer than 100 line-of-duty deaths by the end of this year, which would be a first for the country in the more than 50 years officer deaths have been tracked.The executive credited better law enforcement training for giving officers the tools to defuse tense situations both gracefully and safely. Mr. Alexander also said Mr. Trump’s election last fall marked a culture shift away from the anti-police fervor that was so prominent in the previous five years. “The profession writ large was targeted and demonized to, I might argue, an unfair degree,” the CEO said.

“Across almost every line of communication, whether that was popular media, social media, mainstream media, maybe even to a worrying degree from too many of our elected officials, again, targeting the profession,” Mr. Alexander said. “I think that that was having a really detrimental impact on a number of interactions between the public and law enforcement.” The radical Left won’t admit it, but its anti-cop crusade was a disaster. It endangered officers, emboldened criminals, and left communities less safe. Now, with Trump at the helm, that dangerous experiment is being reversed. The numbers prove it. The streets prove it. And the families of America’s law enforcement officers know it better than anyone. The Trump presidency is saving the lives of law enforcement. That’s a fact the Left can’t spin, and it’s a victory every American should celebrate.

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“Now, you tell me how is America a superpower instead of an emperor without any clothes? Why should anyone be afraid of a country that pays its bills by printing debt instruments?”

• Globalism Destroyed American Jobs (Paul Craig Roberts)

For many years I reported monthly on the jobs reports from the Bureau of Labor Statistics. Over the years the new jobs were consistently in health and social assistance, waitresses and bartenders, and government employment. Manufacturing jobs making things that could be exported to pay for imports simply were not present. I emphasized that the jobs offshoring policy associated with globalism was de-industrializing the United States and destroying the middle class and the ladders of upward mobility that had made America an opportunity society. I held accountable the economic professors at Harvard and Dartmouth who promised that the lost of US manufacturing jobs, which they derided as “dirty fingernail jobs,” would be replaced by higher paid clean fingernail tech jobs. No such jobs ever appeared for the displaced manufacturing work force which has ceased to exist.

Fortunately, the US dollar being the world reserve currency allows the US to pay its bills by printing Treasury bonds. As Treasury bonds are the reserves of most foreign central banks, there has been a constant demand for more reserves. Thus, financing the US debt has been no problem. When US debt grows, so do the reserves of the world’s central banks. No problem. David Stockman in 45 years has been unable to learn this. The problem is internal. Manufacturing jobs are high productivity, high value added. Therefore the wage is high. The replacement jobs–stocking big box store shelves are low productivity. Consequently, the growth of income from wages stagnated and declined. Today American living standards are based more on credit than on productivity. Engineering and design follow manufacturing. When manufacturing leaves, so do engineering and design.

America was the loser. China was the winner. Wall Street forced American manufacturers to offshore their production to China in order to raise profits from lower labor and compliance costs. Wall Street ordered US manufacturers to “meet the Chinese price” or Wall Street would finance takeovers of the companies and move their production offshore. Clearly, Wall Street is an anti-American entity. I remember when Washington’s strategic thinkers said it would be 50 years before China would be a problem for American hegemony. The offshoring of US manufacturing, technology, and business knowhow reduced the time to 5 years. Today on a purchasing parity comparison, the Chinese economy exceeds that of the US. This is what globalism did for America. It made the American economy subordinate to China.

American economists were too well paid by globalists for me to draw them into a debate. Instead, they stayed with their propaganda, and America lost the ladders of upward mobility. To worsen the situation, the Democrats and Republican business interests left the borders open to millions of immigrant invaders who have overwhelmed educational, health, and housing services and driven down wages in the low productivity jobs. Today the profits of fruit and vegetable growers and meat slaughter houses depend on cheap immigrant-invader wages. But this is only the beginning. According to Bloomberg News, Artificial Intelligence will soon eliminate 20-40% of the jobs in America’s largest cities. Robotics are eliminating other low skilled wage jobs. What will America do with a population displaced by the digital revolution and AI?

Civilizational collapse stares us in the face, and not a single media source mentions the fact. Let’s look at June’s jobs report. It is the same as those I reported over many years. Where are the 147,000 jobs? Health care and social assistance provide 58,600 jobs. Leisure and hospitality provide 20,000 jobs. State and local education provide 63,500 jobs. That accounts for June’s new jobs.Clearly this is not a robust economy. Except for the 20,000 leisure and hospitality jobs, most of the rest are financed by government budget. Now, you tell me how is America a superpower instead of an emperor without any clothes? Why should anyone be afraid of a country that pays its bills by printing debt instruments? The reason is that the US has nuclear weapons and is under Israel’s direction. That is sufficient to terrify the world.

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Look at the money you can save if you just leave the border open…

• Most US Law Enforcement Funds Are Going To Immigration & Border (ZH)

Two thirds of all federal law enforcement funding in the United States for fiscal year 2025 is going to immigration and border enforcement, according to a CATO Institute analysis of data from the Congressional Budget Office (CBO). Together, immigration and border enforcement will receive more than $33 billion. This includes funding for U.S. Customs and Border Protection (CBP) at $19 billion, Immigration and Customs Enforcement (ICE) at $10 billion, U.S. Citizenship and Immigration Services (USCIS) at $281 million, the Department of Homeland Security’s general offices at $3.2 billion and 20 percent of the Coast Guard’s budget – approximately $2.2 billion. However, as Statista’s Anna Fleck reports, CATO notes that the actual value is even higher, as the Trump administration is “diverting thousands of agents from other federal law enforcement agencies and much of the military to enforcing immigration and border law.”

According to CATO analysts, the amount spent on immigration and border enforcement agencies is 36 times higher than spending on tax and financial crimes enforcement (IRS-Treasury), 21 times higher than funding for firearms enforcement (ATF), 13 times higher than on drug enforcement (DEA), 10 times higher than spending on the Secret Service and 8 times higher than the FBI budget. These figures are based on current calculations and do not yet reflect the additional increases expected under H.R. 1 – the so-called One Big Beautiful Bill Act. The CBP projects that this will direct an extra $168 billion over the coming years to immigration and border enforcement agencies, along with more funding for agencies that indirectly support immigration law enforcement. Unlike normal fiscal year appropriations, H.R. 1 makes these funds available over five years, though they can be accessed for up to 10 years, so long as they are committed by 2029.

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HIPAA, the Health Insurance Portability and Accountability Act of 1996, is a US federal law that establishes national standards for protecting sensitive patient health information.

• Did Joe Biden’s Doctor Just Confirm a Cover-Up of His Health? (Margolis)

In a move that should obliterate whatever remains of the myth of transparency in Washington, Joe Biden’s longtime physician, Dr. Kevin O’Connor, finally showed up for a closed-door interview with the House Oversight Committee—and proceeded to not answer a single question.n But while O’Connor may have refused to talk, his silence said plenty. According to Committee Chairman James Comer (R-Ky.), O’Connor was asked two simple but devastating questions: “Were you ever told to lie about the president’s health?” and “Did you ever believe President Biden was unfit to execute his duties?” O’Connor didn’t say “No,” he pleaded the Fifth both times—choosing constitutional protection over basic accountability.

“This is unprecedented,” Comer said. “And I think that this adds more fuel to the fire that there was a cover-up.” He’s right. When a sitting president’s personal doctor refuses to answer whether he was told to lie to the American people, it’s not just troubling—it’s damning. This isn’t some minor bureaucratic hiccup or a routine legal maneuver—this is the doctor who, for years, stood between the American people and the truth about Joe Biden’s fitness for office. Now, when given the chance to clear the air, he chooses silence. Although O’Connor had previously refused to cooperate, somehow, pleading the Fifth now instead of answering those two questions looks worse. Let’s not pretend this is normal. O’Connor’s refusal to answer even basic questions about Biden’s condition raises the obvious question: What, exactly, is he trying to hide?

Of course, we all know the answer. For years, the Biden White House dismissed legitimate concerns about the president’s health as partisan attacks, hiding behind carefully worded reports from O’Connor. Those glowing annual assessments were the backbone of the cover-up, reassuring the public while Biden visibly declined. Let’s be clear: O’Connor’s refusal to answer questions isn’t about medical ethics—it’s about political damage control. This is the same doctor who repeatedly vouched for Biden’s fitness while the public watched a very different reality unfold. If there’s nothing to hide, why not answer questions? Why invoke your right not to incriminate yourself? Comer said it is “clear there was a conspiracy to cover up” Biden’s cognitive decline.

New York Post: “The only question O’Connor did answer before the deposition concluded was confirming his name, according to an Oversight spokesperson, who pointed out that doctor-patient privilege would have allowed the witness to answer at least some questions. Dr. Jeffrey Kuhlman, who served as physician to the president during Barack Obama’s first term, agreed with that interpretation. “In my opinion, [the first question] doesn’t involve HIPAA,” Kuhlman told The Post. As for the second question, Kuhlman advised, “I don’t think that’s covered by HIPAA,” because it “doesn’t sound like that’s specific health information that they’re seeking.”

When asked whether he would answer questions under oath that don’t directly relate to a patient’s health, Kuhlman said: “In my role as a physician caring for a patient, I probably would.” Dr. O’Connor’s refusal to answer questions about Biden’s health isn’t just a legal tactic—it’s an admission that there’s something worth hiding. The American people have every right to demand answers. The time for stonewalling is over.

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Is it starting again? Western Crete Coast Guard: 9,000 arrivals so far this year. “..963 arrivals were recorded last Sunday alone, marking a 380% increase in migrant flows compared to the same period last year.”

• Greece Suspends Asylum Applications For Arrivals From North Africa (RT)

Greece has suspended the processing of asylum applications from people coming to the country from North Africa for three months, Prime Minister Kyriakos Mitsotakis has announced, warning that those arriving illegally by boat will be arrested and detained. The temporary measure will allow the government to effectively address the surge in migrant arrivals, the Greek official said in a post on X on Wednesday. “The Greek Government sends a message of determination that the passage from North Africa to Greece is closing… [and] to all traffickers and all their potential customers that the money they spend may be completely wasted, because it will be difficult to reach Greece by sea,” he declared.

The move comes just a day after Libya’s eastern-based government in Benghazi blocked the entry of an EU delegation, including Greek Minister for Migration and Asylum Thanos Plevris, who had visited the country for talks on curbing illegal migration. Libya became a key transit point for human trafficking and migration to Europe via the Mediterranean following a NATO-backed uprising in 2011 that led to the overthrow and assassination of longtime ruler Muammar Gaddafi.

Greek officials have reported a sharp rise in migrant arrivals on the southern islands of Crete and Gavdos in recent months, with more than 9,000 people landing there since the beginning of 2025. According to the Greek City Times, Vasilis Katsikandarakis, president of the Western Crete Coast Guard Personnel Union, has stated that 963 arrivals were recorded last Sunday alone, marking a 380% increase in migrant flows compared to the same period last year. “The migration issue is suffocating us,” Katsikandarakis said, claiming that “thousands more are waiting in North Africa.” On Tuesday, EU Commissioner for Internal Affairs and Migration Magnus Brunner, Greek Migration Minister Thanos Plevris, Italian Interior Minister Matteo Piantedosi, and Maltese Minister for Home Affairs Byron Camilleri met with Libya’s UN-recognized government in Tripoli to discuss efforts to combat illegal migration along the Central Mediterranean route.

Following the meeting, the Tripoli-based administration’s prime minister, Abdul Hamid Dbeibah, said he had tasked the Interior Ministry with drafting a national migration plan rooted in practical cooperation and a commitment to lasting solutions. The EU officials had been scheduled to hold talks with the rival administration in Benghazi but were declared unwelcome for allegedly violating Libyan laws. The EU has struggled to manage the migration crisis since 2015, with Greece, Italy, and Spain receiving the highest number of arrivals across the Mediterranean. The bloc plans to tie its development aid and trade relations with African nations to their cooperation in curbing small boat departures to Europe, Politico reported Wednesday, citing an internal draft document.

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BRICS.

“..the liberal model of globalization is losing viability as the center of economic and political activity shifts decisively toward the Global South – developing countries with rising demographic, resource, and technological potential.”

• What Just Happened In Rio Should Terrify The West (Ibragimov)

A few days ago, the city of Rio de Janeiro hosted the 17th BRICS summit, marking a significant step forward for the organization amid the accelerating transformation of the global political and economic landscape. Represented by Foreign Minister Sergey Lavrov, Russia played an active role in the summit’s proceedings, while President Vladimir Putin addressed the plenary session via video link. In his remarks, the Russian leader offered a comprehensive analysis of current global trends, emphasizing that the liberal model of globalization is losing viability as the center of economic and political activity shifts decisively toward the Global South – developing countries with rising demographic, resource, and technological potential.

The Rio summit reaffirmed BRICS’ growing political weight and its ambition to become a key force in shaping the emerging multipolar order. High-level meetings drew global attention not only because of their scale but also due to the substantive outcomes they produced. A total of 126 joint commitments were adopted, spanning critical areas such as global governance reform, the restructuring of international financial institutions, healthcare, climate initiatives, artificial intelligence, and sustainable development.

The declaration adopted at the summit, titled ‘Strengthening Global South Cooperation for More Inclusive and Sustainable Governance’, underscored BRICS’ commitment to multilateralism, respect for international law, and the promotion of a fair and equitable world order. But beyond the formal language, the summit revealed a deeper shift: BRICS is no longer limiting itself to cautious technocratic dialogue. The bloc is increasingly positioning itself as a cohesive international actor – capable of proposing new frameworks for economic integration, political solidarity, and global coordination.

Crucially, this political reorientation did not begin in Rio. It builds directly on the strategic groundwork laid during the 2024 summit in Kazan, Russia – the largest BRICS gathering to date – which brought together not only member states but also dozens of partners under the BRICS+ umbrella. The Kazan summit established a new level of cooperation and ambition, and Rio served as a continuation of that trajectory. It became the arena where aspirations evolved into policy, and where the Global South began to more clearly articulate its place in the world.

Among the most consequential developments at the Rio summit was the firm commitment to advancing financial sovereignty among member states. Particular emphasis was placed on transitioning to transactions in national currencies – a long-standing initiative championed by Russia and several other BRICS countries. The leaders endorsed this direction, recognizing the need to reduce dependence on dominant reserve currencies. President Putin underscored that this was not merely an economic measure, but a geopolitical move aimed at strengthening the sovereignty of participating nations and insulating them from external pressure.

In support of this goal, the summit produced agreements to boost mutual investment volumes and accelerate the development of independent payment and settlement mechanisms. These initiatives are designed to lay the groundwork for a more resilient financial architecture – one that bypasses traditional Western-controlled institutions and empowers countries to determine the terms of their own economic cooperation. Increasingly, BRICS views economic autonomy as a precondition for long-term political independence in a world marked by volatility and polarization.

Read more …

 

 

 

 

https://twitter.com/goddeketal/status/1943302172034166796


https://twitter.com/hvgoenka/status/1942953159682670617

A small court in Holland hosts (the first?) vaccine damage court case.
https://twitter.com/JimFergusonUK/status/1943353968026923029

math
https://twitter.com/vegastarr/status/1942932500168183925

https://twitter.com/21WIRE/status/1943458617291870441

 

 

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

 

 

 

 

 

 

Debt Rattle June 12 2025

Jun 122025
 
 June 12, 2025  Posted by at 9:53 am Finance Tagged with: , , , , , , , , , , ,  58 Responses »


Balthus Girl at the window 1955

 

• US On High Alert In Anticipation Of Potential Israeli Strike On Iran (ZH)
• LA More Than Insurrection, It’s Bolshevik Revolution – Larry Klayman (USAW)
• The PR War Over the Riots (Pinsker)
• Gavin Newsom Humiliated Himself, and It Was Awesome (Margolis)
• The Anti-ICE Riots Are Electoral Suicide for the Dems (Margolis)
• Medinsky Slams NATO’s Rutte, Suggests History Book to Clarify Ukraine’s Past (Sp.)
• Zelensky’s Refusal To Compromise Will Lead To More Territorial Losses: Medinsky (ZH)
• Donald Trump Responds To Elon Musk’s Late-Night Apology (NYP)
• Trump Claims Deal With China ‘Is Done’ (RT)
• Vaccine Expert and Covid Shot Critic Robert Malone to Advise CDC (PJM)
• Hungary Sues European Commission Over €1 million-a-day Migrant Fine (RMX)
• Germany Hemorrhaging Industrial Jobs (RT)

Rogan
https://twitter.com/VigilantFox/status/1932494036314595509

 

 

Tucker Carlson Interviews Jeffrey Sachs

 

 

 

 

Where exacttly is the US interest in this?

• US On High Alert In Anticipation Of Potential Israeli Strike On Iran (ZH)

Is something brewing amid US-Iran tensions, given the stalled nuclear negotiations and ratcheting accusations, demands, and counter-demands? The State Department has ordered all embassies within striking distance of Iranian assets – including missions in the Middle East but also Eastern Europe and Northern Africa – to convene emergency action committees (EACs) and send cables back to Washington about measures to mitigate risks. The Associated Press also adds that the US Embassy in Baghdad is preparing to order all nonessential personnel to leave due to potential regional unrest. “We are constantly assessing the appropriate personnel posture at all our embassies,” said a State Department official who like others spoke on the condition of anonymity to discuss a sensitive security matter.

“Based on our latest analysis, we decided to reduce the footprint of our Mission in Iraq.”Meanwhile the WaPo – a conduit for the deep state – writes that “the United States is on high alert in anticipation of a potential Israeli strike on Iran, with the State Department authorizing the evacuation of some personnel in Iraq and the Pentagon green-lighting the departure of military family members across the Middle East.”The heightened security environment comes as President Donald Trump expresses dimming hopes of achieving a deal with Iran that would restrict its nuclear program and forestall a potentially cataclysmal new military confrontation in the Middle East.“I’m less confident now than I would have been a couple of months ago. Something happened to them, but I am much less confident of a deal being made,” Trump told the New York Post.

In recent months, U.S. intelligence officials have grown increasingly concerned that Israel may choose to strike Iran’s nuclear facilities without the consent of the United States. Such a move would almost certainly scuttle the Trump administration’s delicate nuclear negotiations and prompt an Iranian retaliation on U.S. assets in the region.

As GMI summarizes the latest situation: “The IDF have elevated their operational readiness. In response, the United States has mirrored this posture, anticipating potential Israeli strikes on Iranian nuclear facilities. A senior diplomat, speaking to the Washington Post, stated: “We think it’s more serious than any other time in the past.” The U.S. State Department has directed all embassies within Iranian strike range—including several in Europe, to immediately convene Emergency Action Committees and transmit updated risk assessments to Washington.The Trump imposed deadline on Iranian nuclear negotiations expires tomorrow, June 12th. U.S. officials speaking to Axios now assess it is increasingly unlikely the sixth round of talks in Oman will proceed as scheduled on Sunday.

General Kurilla, Commander of U.S. Central Command, has postponed his scheduled testimony before Congress due to mounting tensions across the Middle East. U.S. Central Command, the military headquarters overseeing the region, is working in close coordination with State Department counterparts and allies to maintain a constant state of readiness to support numerous missions at any time, the official added.“We are watching and worried,” said one senior diplomat in the region. “We think it’s more serious than any other time in the past.” Both oil and gold prices spiked on the alarming headlines which suggest new regional conflict could be imminent, with Israel poised to act…[..]Meanwhile, Iran has urged the United States to prioritize a negotiated solution, with its mission to the United Nations saying that “diplomacy — not militarism — is the only path forward.”

“Iran is not seeking a nuclear weapon, and U.S. militarism only fuels instability,” the Iranian mission warned in a social media statement. President Trump has definitely expressed his preference for negotiated solution, but Iran insists that it be able to keep enriching uranium, at least at low levels, as a matter of national sovereignty. Iran and the United States are tentatively scheduled to hold a sixth round of direct talks in Oman on Sunday between U.S. negotiator Steve Witkoff and Iranian Foreign Minister Abbas Araghchi, along with discussions between their technical teams. But people familiar with the planning said Wednesday that it is possible that talks may not happen.

Trump has described the negotiations, which began in April, as heading in a positive direction and has said he told Israeli Prime Minister Benjamin Netanyahu to hold off on any military plans. But on Wednesday, Trump said he was “less confident” that Iran would agree to U.S. demands that it completely shut down its nuclear enrichment program. “They seem to be delaying, and I think that’s a shame,” he said. He has frequently said that Iran would never be allowed to have a nuclear weapon and threatened military action if an agreement is not reached.

Read more …

Klayman sounds extreme, but at the same time he’s no idiot.

• LA More Than Insurrection, It’s Bolshevik Revolution – Larry Klayman (USAW)

Renowned attorney Larry Klayman predicted on USAWatchdog months ago that there would be full-blown, legal civil war happening in the court system. With 272 cases and counting filed against the Trump Administration, that prediction has proven spot-on. Klayman also predicted months ago that violence from the “rabid Left” would not only increase but “explode.” The LA riots prove another bullseye for Klayman. What Klayman is seeing is far more than some violent protests on the West Coast. Klayman warns, “This is a very dire period. We knew this was coming. This is more than an insurrection, this is a Bolshevik style revolution. It’s not just Bolsheviks, but it’s every conceivable leftist radical group.

This is financed, undoubtedly, by people like George Soros. . .. Karen Bass is a DEI affirmative action mayor in Los Angeles. She was going to be Biden’s second choice to be vice president, God forbid. . .. They are using her. The Left is using her, and they are using Newsom and others. They want there to be some kind of tragedy in LA. They want there to be some kind of Kent State where someone gets killed. They want one of these protesters to be killed by the National Guard or by the military. This will be a flash point to carry forth this Bolshevik revolution. They want to take this county down to ground zero. This is what they are trying to do. They want to destabilize the country and bring these radicals out.”

Klayman goes on to say, “There is, undoubtedly, foreign money involved probably from communist China, Iran and North Korea. There is probably money coming from the Left with Soros and others. They want this country at a point that is destroyed, and then they take control. That is their motivation. That is what happened in Russia when they had the Bolshevik Revolution. That’s what happened in China with Mao. This is a plan. This is a playbook. This is why we need to push back, and that is why President Trump needs to crush this right now to make an example of this. Frankly, he should have Governor Newsom arrested, and he should have Karen Bass arrested. They are inciting violence, and they are fomenting revolution. . .. We are under attack, and President Trump needs to declare martial law.”

Klayman says the riots in LA are not a sign of Trumps failure as a President, but it is a sign of his success. Klaman explains, “They are making their move. We predicted this several months ago. It was just a matter of time, and it built and built and built, and now they see Trump, regardless of these judges . . . and they see Trump is at the point of possibly succeeding. So, they are going to do a number on the President of the United States. . .. Iran is not going to give way, and they are going to continue to enrich uranium. They know, ultimately, we will be backed into a corner, and we are going to have to attack them. This is a last-ditch effort to try to eliminate President Trump and try to weaken our country before that occurs.”

Klayman says the so-called autopen scandal of the Biden Administration will reveal that pardons were sold by staff. Klayman contends this is something Trump did not do in office the first term or this term. Klayman says, “The whole system is corrupt. It is a pay-to-play system. . .. The American people were sold out. I doubt there was not much of anything that was approved by Joe Biden.” In closing, Klayman says, “This is a do or die life experience. Today it’s LA, tomorrow it’s going to be coming to your hometown and your neighborhood.”

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Americans don’t need another George Floyd. Been there done that.

• The PR War Over the Riots (Pinsker)

It’s a PR war, boys and girls: Strap on a helmet and report to duty. Our first battlefield is the People’s Republic of Los Angeles. (Alas, beautiful, glamorous Tinseltown has gone from swimming pools and movie stars to foreign flags and public defecation. Pro Tip: If you see any “bubblin’ crude” on the streets of L.A., for God’s sake, please don’t touch it.) But Los Angeles won’t be the last battlefield. These protests are gonna be like acne on a teenager’s face: They’ll be poppin’ up all over the place. And that part of the news cycle is (largely) out of our hands. Whenever you’re dealing with mass protests, mob violence, and nationalized vigilantism, there’s an element of unpredictability.

All it takes is the “right” martyr — on the right platform — and the storyline will morph into something we cannot anticipate. It could happen at any moment. That’s dangerous, because PR experts are MUCH better day two, day three, and day four thinkers. Nine times out of 10, the quality of our thoughts dramatically improves when we have more time to consider all the angles. (It’s something I’ve told clients repeatedly: If you wanna know my thoughts on day one, I’ll certainly tell you — but the more time I have to think about something, the more likely it’ll be that I’ll come up with something better.) This means that if the dominoes start falling in rapid succession, neither side will wait for a thoughtful, measured PR response. Instead, emotions will take over. The loudest, most passionate voices will prevail. That exponentially increases the probability of unforced PR errors.

This is a high-risk, high-reward gamble for both sides. It’s blackjack at the Bellagio with cranberries. For Gov. Gavin Newsom, the well-coifed Californian with presidential aspirations, the L.A. riots are his audition tape. He has the most to lose — but also the most to gain. Finally, after patiently awaiting his turn, he’s exactly where he wanted to be: At the tip of the political spear. There’s a leadership vacuum in the Democratic Party, and I’m not just talking about that cute little catfight at the DNC. Too many bigwigs blew their credibility over Joe Biden’s now-obvious mental decline. Guys like Sen. Chuck Schumer (D-N.Y.) can’t lead the masses because the masses no longer believe them. The closer you were to Biden, the worse it was for your credibility. It’s why Kamala Harris is adrift in the wilderness.

But Newsom was all the way in California. He’s ideally suited to close the (coloring) book on Biden, rebrand the Democratic Party, and slap a coat of fresh paint on American liberalism. At least, that’s his sales pitch. Even before the riots, Newsom was selling himself as the solution to the Democratic Party’s “manhood problem.” As we noted about his podcast strategy: Typically, when a Democrat has presidential aspirations, you’d expect him to book podcast guests with liberal thought leaders — people such as Obama, Oprah, Nancy Pelosi, Bernie Sanders, or Rachel Maddow. That would be the smartest, fastest way to not only communicate to your base that you’re “one of them,” but to also let them know that all the top thought-leaders believe in you, too.

But that’s not at all what Newsom is doing. Instead, his first three guests were Charlie Kirk, Michael Savage, and Steve Bannon! And in the process, he’s making a novel argument to the Democratic base: we can’t beat MAGA unless we have a candidate who can talk to their side, and I’m the only MAN who can do it. He’s not running on representation; he’s running on persuasion. He’s not saying he “looks like America”; he’s saying he can persuade the rest of America. Most specifically, the Americans that the Democrats have left behind: men.

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It’s time for law and order. What do you think got Trump elected?

• Gavin Newsom Humiliated Himself, and It Was Awesome (Margolis)

Let’s talk about a day that California Governor Gavin Newsom would probably like to erase from memory. Tuesday was an absolute trainwreck for the Golden State’s fearless leader, marked by technical blunders, shameless begging, and a string of outright lies that would make even the most seasoned politician blush. If you thought Newsom’s leadership couldn’t sink any lower, buckle up, because this was a masterclass in humiliation. Riots are tearing through the city over federal immigration enforcement, yet Newsom can’t even bring himself to condemn the violence. Instead, he’s pointing fingers at President Trump while dodging accountability for the mayhem on his watch. He thinks this is going to be his ticket to the Democratic nomination for president in 2028, and potentially the White House.

The real disaster unfolded when Newsom decided to play big shot with a televised address to bash Trump. Desperate for airtime, he stooped to groveling at the feet of Fox News’ Sean Hannity, practically begging for coverage. Hannity even aired the pathetic plea on live TV. “Governor Newsom just texted me and was asking me whether or not we will be taking some of his press conference at the bottom of the hour…” Talk about embarrassing—California’s governor reduced to texting a conservative host for a spotlight. Sad! But the humiliation didn’t stop there. When the moment finally arrived for Newsom to spew his anti-Trump tirade, the audio feed spectacularly failed. That’s right—his grand speech, meant to be a scathing takedown, was reduced to garbled nonsense that no one could hear.

Even when the audio situation was fixed, Newsom sounded hoarse and unhinged, like a man on the verge of a meltdown. If this was his attempt to look like a leader, it was a catastrophic flop. The technical difficulties turned his address into a punchline, ensuring his message—whatever it was—fell on deaf ears. And what about the content of that ill-fated speech? Pure fiction. Newsom ranted about federal agents allegedly jumping out of unmarked vans to “grab people” in a “heavily Latino suburb” and raiding businesses, claiming a pregnant U.S. citizen and a 4-year-old were detained. “Families separated, friends, quite literally, disappearing,” he croaked, painting a dystopian picture straight out of a Hollywood script. Conveniently, he offered zero evidence for these wild claims, and couldn’t explain how any of these allegations justify burning up cars, assaulting police officers, and looting businesses.

And let’s not forget his attempt to rewrite history by claiming California handles unrest “regularly” with its own law enforcement—until, of course, Trump supposedly swooped in to ruin everything with tear gas, rubber bullets, and National Guard deployments. Newsom even had the audacity to call the deployment of 2,000 Guard members “illegal” and a “brazen abuse of power,” accusing Trump of inflaming the situation “on purpose.” As we’ve explained before, the power of the president to federalize the National Guard has been long established. This wasn’t just a speech—it was a flailing performance packed with lies, tech glitches, and the pathetic spectacle of Newsom groveling for airtime from a network he usually sneers at. He tried to cast himself as California’s last line of defense, but what the country saw was a dishonest, unsteady politician who can’t even handle a live broadcast, let alone a crisis. And if Newsom thinks he can ride these anti-ICE riots into a successful presidential campaign, he’s got another thing coming.

Support for the Trump administration’s deportation efforts is also strong. A Napolitan News Service poll conducted by RMG Research, Inc. shows that 58% of registered voters back the effort to remove illegal immigrants, while opposition has dropped to just 37%. Even more telling: just weeks ago, 40% said the administration’s actions had gone too far; now it’s down to 36%. The longer this issue stays in the headlines, the worse it gets for the left. Meanwhile, the attempt to rebrand the Los Angeles riots as a noble protest is falling flat. A recent YouGov poll shows that only 36% of Americans support the anti-ICE demonstrations, compared to 45% who oppose them. Even more damning is the partisan breakdown: 58% of Democrats back the protests, but just 34% of independents and a paltry 15% of Republicans do. On the other side, 73% of Republicans and 41% of independents disapprove. That’s a landslide rejection outside the far-left bubble.

And just when you think it couldn’t get worse for Democrats, it does. Even legacy media outlets like CBS News and CNN are reporting that key voting blocs are breaking with the left and embracing Trump’s immigration agenda. What’s more, a once-reliable Democrat constituency is now shifting dramatically in the other direction, dealing the party a blow that it never saw coming. Meanwhile, Trump’s approval ratings from one of the most accurate pollsters of the 2024 election show that Trump’s approval ratings over the past few days remain in positive territory.

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“73% of Republicans and 41% of independents disapprove. That’s a landslide rejection outside the far-left bubble.”

• The Anti-ICE Riots Are Electoral Suicide for the Dems (Margolis)

Democrats are committing electoral suicide. By rushing to defend the violent anti-ICE riots that erupted in Los Angeles and are now spreading across the country, they’ve staked their political fortuneson the side of lawlessness and chaos. Instead of condemning the violence, Democrat leaders have tried to spin it as a noble act of protest. But the public isn’t fooled. A flood of new polling shows just how badly this gamble is backfiring and exposes a party that is completely detached from the values of everyday Americans. The numbers don’t lie. A majority of likely voters are siding with President Donald Trump and his decision to deploy the National Guard and federal military to restore order in Los Angeles. According to a new InsiderAdvantage national poll, 59% of voters approve of the move, while just 39% disapprove — a striking +20 approval margin that makes clear where the country stands.

While the media wrings its hands and Democrats clutch their pearls, the American people are siding with law and order. Voters aren’t clamoring for more chaos, criminality, and attacks on federal officers; they want safe streets, laws that are enforced, and illegal immigrants sent home. They’re demanding order, not excuses. Support for the Trump administration’s deportation efforts is also strong. A Napolitan News Service poll conducted by RMG Research, Inc. shows that 58% of registered voters back the effort to remove illegal immigrants, while opposition has dropped to just 37%. Even more telling: just weeks ago, 40% said the administration’s actions had gone too far; now it’s down to 36%. The longer this issue stays in the headlines, the worse it gets for the left.

Meanwhile, the attempt to rebrand the Los Angeles riots as a noble protest is falling flat. A recent YouGov poll shows that only 36% of Americans support the anti-ICE demonstrations, compared to 45% who oppose them. Even more damning is the partisan breakdown: 58% of Democrats back the protests, but just 34% of independents and a paltry 15% of Republicans do. On the other side, 73% of Republicans and 41% of independents disapprove. That’s a landslide rejection outside the far-left bubble.

And just when you think it couldn’t get worse for Democrats, it does. Even legacy media outlets like CBS News and CNN are reporting that key voting blocs are breaking with the left and embracing Trump’s immigration agenda. What’s more, a once-reliable Democrat constituency is now shifting dramatically in the other direction, dealing the party a blow that it never saw coming. Meanwhile, Trump’s approval ratings from one of the most accurate pollsters of the 2024 election show that Trump’s approval ratings over the past few days remain in positive territory.

Read more …

They’re trying to invent a Ukrainian past.

• Medinsky Slams NATO’s Rutte, Suggests History Book to Clarify Ukraine’s Past (Sp.)

A top aide to Vladimir Putin has told the NATO general secretary to read a history book after he claimed Ukraine had independence 900 years ago. Vladimir Medinsky, Russian presidential aide and head of the Russian delegation to peace negotiations with Kiev in Istanbul, ridiculed NATO Secretary General Mark Rutte’s comments about Ukraine in the 12th century.mIronically, Rutte used the same speech to demand that Putin come to the talks, “not this historian who now appears twice in Istanbul and tells us again about the history of Russia and Ukraine since the 12th century.”The chief negotiator retorted that he was ready to send Rutte a textbook to help him understand that Ukraine did not exist in back then.

“He spoke about the need for Russia to change its negotiating team on Ukraine, claiming that ‘some historian’ is lecturing about 12th-century Ukraine,” Medinsky told the Third International Forum of Education Ministers.”I know that Mr Rutte studied history at university, but I would definitely send him a medieval history textbook, because he would certainly learn from it that Ukraine didn’t exist in the 12th century,” he added.The third International Forum of Education Ministers, “Shaping the Future,” is taking place in Kazan from June 11 to 12. The forum is organized by the Ministry of Education of Russia, the government of Tatarstan and the “My History” Foundation for the Support of Humanities.

Forum participants will discuss global trends and challenges in education, digital transformation and innovation, the role of AI and online learning, inclusive education, the role of educators and the quality of education, the development of national education systems and international cooperation.One of the topics of discussion will be Russia’s experience in running children’s centers. Education ministers will hold a teleconference with participants of the Artek international summer camp which is celebrating its 100th anniversary this year.

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“With Russia, it’s impossible to fight a long war,” Medinsky said..”

• Zelensky’s Refusal To Compromise Will Lead To More Territorial Losses: Medinsky (ZH)

While this should come as no surprise to observers of the Russia-Ukraine war, the Kremlin has put Kiev on notice that its continued unwillingness to compromise at the negotiating table will only lead to more and permanent territorial losses. This was the latest warning conveyed by Russian Presidential Aide Vladimir Medinsky, who has been leading the Russian delegation in Istanbul talks. He actually spoke to The Wall Street Journal, conveying the warning, while making clear that Russia will never relent until Putin’s war aims are achieved, and defense of Russia’s sovereignty and stability can be assured.

The WSJ interview began as follows: “Now, Vladimir Medinsky is drawing on his view of history again as he tries to convince Ukraine that it would be better off unwinding its integration with the West and embracing Moscow’s terms for peace. “With Russia, it’s impossible to fight a long war,” Medinsky said in an interview with The Wall Street Journal, citing Russia’s 21-year war with Sweden in the 18th century as evidence that the country prevails in protracted fights. “We want peace,” he continued. “But if Ukraine keeps being driven by the national interests of others, then we will be simply forced to respond,” he added. That’s when Medinsky also “warned that a lack of compromise from Kiev would only lead to more territorial losses,” WSJ wrote.

As yet, Ukraine’s President Zelensky hasn’t so much as offered recognition of Crimea as Russian territory, and certainly he’s far away from saying the same of the annexed territories in the Donbass, where some fighting still exists. This week it’s become clear that Russian forces are advancing into Ukraine’s Dnipropetrovsk region, which is a first in the three-year-plus long war, marking a significant territorial escalation amid stalled peace talks. Former Russian President Dmitry Medvedev said the advance serves as a warning to the Zelensky government to accept “realities on the ground.” Medinsky’s words given to a major American publication are clearly another major warning along the same lines.

Read more …

Soon best buds again, but Trump is the clear boss.

• Donald Trump Responds To Elon Musk’s Late-Night Apology (NYP)

President Trump is feeling good about Elon Musk’s apology after the former “first buddy” admitted late Tuesday he had gone “too far” in his personal attacks on the commander-in-chief. “I thought it was very nice that he did that,” the president told The Post in a brief phone conversation Wednesday morning, but didn’t say whether he was willing to let bygones be bygones with the Tesla and SpaceX CEO.Musk, 53, went off on Trump in a series of social media messages this past Thursday, at one point claiming the Republican would not have won the 2024 election without his help and suggesting the president was responsible for preventing the release of files on convicted pedophile Jeffrey Epstein due to his past association with the late financier.

“I regret some of my posts about President @realDonaldTrump last week. They went too far,” Musk wrote late Tuesday after previously deleting his post about the Epstein files. The president has expressed openness to potentially burying the hatchet with Musk — who he accused last week of having “Trump Derangement Syndrome” and being bitter about both leaving his special government employee position and the House GOP removing electric vehicle tax incentives from the One Big Beautiful Bill Act. Trump told CNN on Friday that Musk was “crazy” — and threatened on Truth Social to look into revoking his company’s federal government contracts.
But the president also told The Post on Friday that “nothing surprises him” — not even his onetime ally turning against him.

Trump told Post columnist Miranda Devine Monday that he doesn’t “blame” Musk for the blow-up that started with the former Department of Government Efficiency (DOGE) figure’s criticisms of the Big Beautiful Bill — but maintained that he’s “a little disappointed.”“Look, I have no hard feelings,” Trump said. “I was really surprised that that happened. He went after a bill that’s phenomenal. …He just — I think he feels very badly that he said that, actually.”When asked whether he would ever go back to a regular relationship with Musk, Trump told Devine’s “Pod Force One” podcast: “I guess I could, but we have to straighten out the country.” “And my sole function now is getting this country back to a level higher than it’s ever been. And I think we can do that.”

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So who won?

• Trump Claims Deal With China ‘Is Done’ (RT)

Washington has finalized a long-sought trade deal with Beijing, US President Donald Trump announced on social media on Wednesday. The agreement is still awaiting his final approval and that of Chinese President Xi Jinping, he added. Tensions between the world’s two largest economies escalated in April, when Trump imposed broad new tariffs targeting over 90 countries, including China, citing trade imbalances. Beijing retaliated, triggering a standoff that pushed tariffs up to 145% by the US and 125% by China. Following breakthrough negotiations in Geneva last month, both sides agreed to temporarily suspend most new tariffs, pending further talks. However, each side has since accused the other of violating the Geneva terms and stalling talks on key issues, such as export controls.

”Our deal with China is done, subject to final approval with President Xi and me,” Trump wrote on Truth Social on Wednesday. The full details remain unclear, although the US leader outlined some key points. ”We are getting a total of 55% tariffs, China is getting 10%. Relationship is excellent!” Trump wrote. “Full magnets, and any necessary rare earths, will be supplied, up front by China. Likewise, we will provide to China what was agreed to, including Chinese students using our colleges and universities.” Neither the White House nor Chinese authorities have commented on Trump’s announcement.

Commenting on Wednesday after two days of talks in London, US Commerce Secretary Howard Lutnick told reporters a framework deal had been reached, calling it “meat on the bones” of the Geneva agreement. He cited China agreeing to lift restrictions on rare earth exports and Washington easing certain export bans “in a balanced way,” but offered no further details. China’s vice commerce minister, Li Chenggang, also confirmed a trade framework had been reached “in principle” pending approval from both leaders. The new round of talks followed a phone call between Trump and Xi last week, which the US president described as “very good.”

Chinese exports of rare earth minerals and magnets, critical for modern technology, were high on the London talks agenda. The US had previously criticized Beijing for delaying the removal of export controls on the resources, essential for manufacturing products such as smartphones and electric vehicles. Meanwhile, Washington limited China’s access to US semiconductors and other technologies linked to artificial intelligence. It remains unclear if the restrictions will be lifted under the new deal.The two sides face an August 10 deadline to finalize a broader trade deal or possibly see tariffs return to the triple-digit levels imposed in April.

Read more …

Where he belongs.

• Vaccine Expert and Covid Shot Critic Robert Malone to Advise CDC (PJM)

Health and Human Services Secretary Robert F. Kennedy Jr. caused hysteria at Pharma-funded leftist media outlets and among Democrat politicians this week by canning all 17 Biden-appointed members of the Advisory Committee for Immunization Practices (ACIP). Malone is one of the eight replacements appointed so far.“Thank you for the honor of serving my country in this way, @SecKennedy. I will do my best to serve with unbiased objectivity and rigor,” Dr. Malone posted in response to RFK’s announcement. HHS and its excessive number of dependent agencies, including the CDC and NIH, are still undergoing major reforms since the Trump administration came into office and Kennedy took over. It became obvious during the COVID-19 pandemic that there was a lot of corruption and dishonesty going on in the top levels of federal healthcare agencies, and Kennedy’s desire to address that made him switch parties to support Donald Trump during the 2024 election campaign. Now the Make America Healthy Again effort is moving full speed ahead.

Kennedy’s new announcement explained that following his firing of the panel, he carefully selected eight replacements so far who he believes will help restore public trust in government vaccine policy: I’m now repopulating ACIP with the eight new members who will attend ACIP’s scheduled June 25 meeting. The slate includes highly credentialed scientists, leading public-health experts, and some of America’s most accomplished physicians. All of these individuals are committed to evidence-based medicine, gold-standard science, and common sense. They have each committed to demanding definitive safety and efficacy data before making any new vaccine recommendations. The committee will review safety and efficacy data for the current schedule as well. I’m proud to announce ACIP’s new members.

The new members, besides Malone, are Cody Meissner, MD; James Pagano, MD; Vicky Pebsworth, OP, PhD, RN; Michael A. Ross, MD; Retsef Levi, PhD; Martin Kulldorff, PhD, MD; and Joseph R. Hibbeln, MD. Kulldorff also garnered fame and became the target of leftist hate for vocally criticizing Covid lockdown policies as unnecessary and harmful responses to the virus. We haven’t forgotten the tyranny, extremely damaging policies, and injurious vaccines of the COVID-19 pandemic. This total replacement of the vaccine advisory panel is an excellent step in the right direction toward ensuring more honesty, objective science, and transparency at one of the most influential government entities.

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The EU implodes itself.

• Hungary Sues European Commission Over €1 million-a-day Migrant Fine (RMX)

The Hungarian government has launched a legal challenge against the European Commission’s decision to impose a daily €1 million fine over the country’s refusal to accept illegal migrants. György Bakondi, the chief security advisor to Prime Minister Viktor Orbán, announced on Wednesday that Budapest will file a lawsuit with the European Court of Justice. Appearing on TV2’s “Mokka” program, Bakondi said Hungary will not comply with the European Union’s new Migration Pact, which he described as “a clear call for illegal immigrants to be allowed in.” He emphasized that Hungary remains committed to its sovereignty and national security, and refuses to be pressured into taking in individuals who entered the bloc unlawfully.

The lawsuit will be led by a team of lawyers with what Bakondi called “a serious reputation,” including two former members of the European Court of Justice. Hungary’s resistance to EU migration policy is not new. In 2015, the country faced a surge of more than 400,000 illegal border crossings within two months. In response, the government implemented border fences and legal restrictions to halt the flow. Officials credited these measures with preventing the emergence of terrorist threats, no-go zones, and the overburdening of public services.

In a national referendum in 2016, 98 percent of those who voted rejected the proposal to allow the European Union to mandate the obligatory resettlement of non-Hungarian citizens into Hungary without parliamentary approval. The referendum had a 44 percent turnout, under the 50 percent threshold required to be considered valid. The Orbán administration had already signaled its intent to take legal action against Brussels back in December, setting aside 600 million forints (approximately €1.5 million) to fund the court battle. Hungary has consistently pushed for a rethinking of the EU’s asylum policy, including relocating asylum processing to centers outside of EU territory. Orbán reiterated this stance on Monday during a speech at a Patriots for Europe rally in France.

https://twitter.com/RMXnews/status/1932108808765227049?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1932108808765227049%7Ctwgr%5E5e8eafe6fad1143880641748c01bbba28062cb8a%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Frmx.news%2Farticle%2Fhungary-sues-european-commission-over-e1-million-a-day-migrant-fine%2F

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Self-immolation. Curious to watch. Living next doors to them.

• Germany Hemorrhaging Industrial Jobs (RT)

Germany’s industrial sector has lost more than 100,000 jobs over the past year as the country’s economic downturn drags on, according to analysis shared by the German Press Agency (dpa). The report published last week, based on analysis by consultancy EY, shows the German auto sector accounted for around 45,400 net job losses, making it the hardest-hit segment of the economy. At the end of the first quarter, German industry employed 5.46 million people, down 1.8% or 101,000 jobs from a year earlier, according to the study based on data from the Federal Statistical Office.Since the pre-pandemic year 2019, the number of industrial employees has slumped by 217,000, a 3.8% decline. The sector had reached a record high of around 5.7 million jobs in 2018.

According to Jan Brorhilker, managing partner at EY, industrial companies are under enormous pressure. “Aggressive competitors, such as those from China, are pushing down prices, key sales markets are weakening, demand in Europe is stagnating at a low level, and the entire US market is a major question mark,” he said. “At the same time, companies are struggling with high costs – for example, for energy and personnel.”Brorhilker warned that at least 70,000 additional jobs could be lost by the end of the year. Companies, particularly in machinery and automotive manufacturing, have launched cost-cutting programs to cope with the challenging market conditions. In the automotive sector, which is grappling with declining sales, growing competition from China, and the shift to e-mobility, nearly 6% of jobs were cut over the past year, the report said.

By the end of March, employment in the industry had dropped to around 734,000. Significant job losses were also recorded in metal production and the textile industry, with employment in both sectors falling by more than 4%. The crisis in Germany’s industrial sector has reignited debate over the country’s attractiveness as a manufacturing base, with observers warning of creeping deindustrialization. According to experts, the decline reflects the economic fallout from severing ties with Russian energy. After the 2022 sabotage of the Nord Stream pipelines and sanctions, European gas prices quadrupled year-on-year, placing severe strain on both industry and households. However, Chancellor Friedrich Merz has adopted a firm stance against Russia, vowing to “increase pressure” on Moscow and weaken its “war machine” through further sanctions. His government recently pledged an additional €5 billion ($5.6 billion) in military aid to Ukraine.

Read more …

 

 

 

 

 

 

Malhotra
https://twitter.com/toobaffled/status/1932751502030090477

 

 

Lori

 

 

 

 

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

 

 

 

 

 

June 7 2025

Jun 062025
 
 June 6, 2025  Posted by at 10:10 am Finance Tagged with: , ,  174 Responses »


Salvador Dali The tartan el son 1919

 

 

 

 

I think maybe it’s time for me to apologize to you.Even though I did little wrong, I have been missing. I got hit with a nasty eye infection early this week, It has made reading and writing all but impossible, and it will take another week for it to heal;

And that as Trump and Elon are puffing up their egos. Or whatever that is. Keep it up for another week, guys,

See you all soon in good health and great intrigue.

Ilargi

 

 

 

 

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Debt Rattle May 30 2025

May 302025
 
 May 30, 2025  Posted by at 10:31 am Finance Tagged with: , , , , ,  45 Responses »


Pablo Picasso Self portrait 1940

 

 

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

 

 

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

 

 

Yes no no yes no yes no yes.

• US Court Blocks Trump’s Tariffs (RT)

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

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

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

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

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Yes.

• Court Allows Trump’s Tariffs to Stay in Place

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

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

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

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

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

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Merz has himself to prove.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Read more …

• US Court Blocks Trump’s Tariffs (RT)

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

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

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

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

Read more …

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

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

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

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

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And the beat goes on.

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

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

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

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

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

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

Read more …

They will agree because they want to.

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

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

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

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

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

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

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

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

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

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

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

Read more …

It can wait a few weeks.

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

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

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

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

Read more …

Witkoff.

• Israel and Hamas Agree To Gaza Ceasefire Proposal (RT)

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

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

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

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Debt Rattle May 21 2025

May 212025
 
 May 21, 2025  Posted by at 8:40 am Finance Tagged with: , , , , , , , , , , ,  39 Responses »


Pablo Picasso Portrait of Dora Maar 1939

 

• Putin and Trump Prove To Be the Real Power Brokers in Ukraine Peace Push (Sp.)
• Decoding Putin, Trump (Helmer)
• Every European Country Reinstituting Drafts, They Want War – Martin Armstrong
• Ukraine Has ‘One Last Chance’ – Medvedev (RT)
• Russia’s Red Lines: What Trump Heard From Putin in High Stakes Talks (Sp.)
• NATO Chief Comments On Putin-Trump Phone Call (RT)
• Trump Call Puts Brakes On West’s Diplomatic Offensive (RT)
• Russia Won’t Abandon Ukraine’s Orthodox Believers – Lavrov (RT)
• EU Quietly Complains Ukraine Is ‘All On Us Now’ – FT (RT)
• EU Forks Out $169 Bln for War Chest (Sp.)
• Ukraine Distracting West From ‘More Serious’ Issues – Rubio (RT)
• Musk Says Congress Needs To Act To Meet DOGE $2 Trillion Savings Goal (ZH)
• Federal Judge Blocks Trump Admin’s Dismantling of US Institute of Peace (ET)
• Germany’s Border Crackdown Can Only Last ‘A Few More Weeks’ – Police (RT)
• Democratic Officials Claim a Dangerous License for Illegality (Turley)
• EPIC – Senator Chris Van Hollen vs Secretary Marco Rubio (CTH)
• David Sacks’ Lieutenant Explains Trump’s AI Deal With UAE (ZH)

 

 

 

 

Olympics, World Cup, 250
https://twitter.com/EricLDaugh/status/1924621981787295787

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“Putin and Trump are the only real decision-makers in this peace process. Europe is once again left out in the cold.”

• Putin and Trump Prove To Be the Real Power Brokers in Ukraine Peace Push (Sp.)

Dmitry Suslov, deputy director at Russia’s Higher School of Economics and the Russian Council on Foreign and Defense Policy, breaks down the key takeaways from Monday’s potentially historic telephone conversation between the Russian and US presidents. First and foremost, Suslov said, the US and Russia agreed that peace must be sought through direct bilateral talks between Russia and Ukraine — not an immediate ceasefire as demanded by Kiev and the Europeans. “That is Russia’s top priority, and the United States has agreed that this should be the main focus,” the observer explained. In effect, Trump essentially stepped back from his previous calls for an immediate ceasefire, and now backs negotiations aimed at a final peace agreement, with a possible ceasefire as part of the process. As for the demands by Kiev and its European patrons that Russia agree to an unconditional 30-day ceasefire, Monday’s talks confirmed that “this will not happen,” Suslov said.

Putin in his remarks after the talks announced plans for Russia and Ukraine to start drafting a memorandum outlining the peace deal and ceasefire terms — a step toward a comprehensive settlement, not just a freeze. Suslov found it notable that Trump’s statement omitted any mention of “bone-crushing” anti-Russian sanctions threatened by the Europeans and his proxies at home. Essentially, Europe was once again sidelined and discredited, with Moscow and Washington taking the lead, the observer said. “The Europeans have once again found themselves out of the picture, once again disgraced and marginalized, given all their howling about the need for an immediate ceasefire, and demand that if Russia refuses, the United States should introduce tough sanctions on Russia.”

Another noteworthy point from Trump’s statement, according to Suslov, was his position that the need to end the conflict is “even more important than a ceasefire. “This suggests Trump has accepted, at least to a large extent, the Russian position that it’s necessary to work specifically on ending the war, not freezing it, on working on a final peace agreement, not a ceasefire as such.” Trump also expressed a desire to normalize US-Russia ties with their “limitless potential” for cooperation — clearly rejecting Europe’s posture. “This once again demonstrates Donald Trump’s reluctance to introduce anti-Russian sanctions and somehow quarrel with Russia,” Suslov said, emphasizing that the president appears fully aware “that if he introduces sanctions at this stage, he will cross out the prospects of settling the Ukrainian conflict, and the prospects of normalizing relations with Russia, and the United States will not be able to realize those ‘limitless possibilities’ which, according to Trump, are associated with Russian-American cooperation.”

Bottom Line, According to Suslov
“Putin and Trump are the only real decision-makers in this peace process. Europe is once again left out in the cold.”

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“For the time being, Putin’s and Trump’s statements have put Rubio, Kellogg and the Europeans offside. Decoding the two president’s statements shows how and why.”

• Decoding Putin, Trump (Helmer)

On Monday President Donald Trump telephoned President Vladimir Putin and they talked for two hours before Trump put lunch in his mouth and Putin his dinner. On the White House schedule, there was no advance notice of the call and no record afterwards. The White House log is blank for Trump’s entire morning while the press were told he was at lunch between 11:30 and 12:30. Putin went public first, making a statement to the press which the Kremlin posted at 19:55 Moscow time; it was then 12:55 in Washington. Trump and his staff read the transcript and then composed Trump’s statement in a tweet posted at 13:33 Washington time, 20:33 Moscow time. If Secretary of State Marco Rubio and General Keith Kellogg, the president’s negotiator with the Ukraine and FUGUP (France, United Kingdom, Germany, Ukraine, Poland), were consulted during Trump’s prepping, sat in on the call with the President, or were informed immediately after the call, they have remained silent.

The day before, May 18, Rubio announced that the Istanbul-II meeting had produced agreement “to exchange paper on ideas to get to a ceasefire. If those papers have ideas on them that are realistic and rational, then I think we know we’ve made progress. If those papers, on the other hand, have requirements in them that we know are unrealistic, then we’ll have a different assessment.” Rubio was hinting that the Russian formula in Istanbul, negotiations-then-ceasefire, has been accepted by the US. What the US would do after its “assessment”, Rubio didn’t say – neither walk-away nor threat of new sanctions. Vice President JD Vance wasn’t present at the call because he was flying home from Rome where he attended Pope Leo XIV’s inaugural mass. “We’re more than open to walking away,” Vance told reporters in his aeroplane. “The United States is not going to spin its wheels here. We want to see outcomes.”

Vance prompted Trump to mention the Pope as a mediator for a new round of Russian-Ukrainian negotiations, first to Putin and then in public. Kellogg is refusing to go along. He tweeted on Sunday: “In Istanbul @SecRubio made it clear that we have presented ‘a strong peace plan’. Coming out of the London meetings we (US) came up with a comprehensive 22 point plan that is a framework for peace. The first point is a comprehensive cease fire that stops the killing now.” FUGUP issued their own statement after Trump’s call. “The US President and the European partners have agreed on the next steps. They agreed to closely coordinate the negotiation process and to seek another technical meeting. All sides reaffirmed their willingness to closely accompany Ukraine on the path to a ceasefire. The European participants announced that they would increase pressure on the Russian side through sanctions.”

This signalled acceptance with Trump of the Russian formula, negotiations-then-ceasefire, and time to continue negotiating at the “technical” level. The sanction threat was added. But this statement was no longer FUGUP. British Prime Minister Keir Starmer was omitted; so too Polish Prime Minister Donald Tusk. The Italian, the Finn and the European Commission President were substituted. They make FUGIFEC. Late in the Paris evening of Sunday French President Emmanuel Macron attempted to keep Starmer in Trump’s good books and preserve the ceasefire-first formula. “I spoke tonight,” Macron tweeted, “with @POTUS @Keir_Starmer @Bundeskanzler and @GiorgiaMeloni after our talks in Kyiv and Tirana. Tomorrow, President Putin must show he wants peace by accepting the 30-day unconditional ceasefire proposed by President Trump and backed by Ukraine and Europe.” By the time on Monday that Macron realized he had been trumped, the Elysée had nothing to say.

By contrast, Italian Prime Minister Meloni signalled she was happy to line up with Trump and accept Putin’s negotiations-then-ceasefire. “Efforts are being made,” Meloni’s office announced, “for an immediate start to negotiations between the parties that can lead as soon as possible to a ceasefire and create the conditions for a just and lasting peace in Ukraine.” Meloni claimed she would assure that Pope Leo XIV would fall into line. “In this regard, the willingness of the Holy Father to host the talks in the Vatican was welcomed. Italy is ready to do its part to facilitate contacts and work for peace.” For the time being, Putin’s and Trump’s statements have put Rubio, Kellogg and the Europeans offside. Decoding the two president’s statements shows how and why.

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“Comey was the man who held Armstrong in prison illegally for contempt for 7 years..”

“.. the hatred is too great on both sides.”

Hmm. Russians don’t hate Ukrainians.

• Every European Country Reinstituting Drafts, They Want War – Martin Armstrong

Legendary financial and geopolitical cycle analyst Martin Armstrong is back with an update on his big turn toward war in Ukraine with Russia. Two weeks ago on USAW, Armstrong predicted, “After May 15, war is turning up (in Ukraine) and it will be turning up into 2026.” That prediction paid off to the exact day as peace talks between Russia and Ukraine ended on May 15 after just two hours, and neither side agreed to meet again. War is already here, and there is no stopping it with peace talks. Armstrong says, “Putin knows and understands this is not a just a war with Ukraine, this is a war with NATO. If Putin agrees to a 30-day ceasefire with Ukraine, what’s that going to do? Absolutely nothing. You have every European country reinstituting drafts.

In Germany, even people 60 years old have been told to report. Poland has ordered every able-bodied man to show up for military training. They want war. Their economy is collapsing. You hear about this de-dollarization, and it’s not happening. The capitalization of just the New York Stock Exchange is worth more than all of Europe combined. That’s just the New York Stock Exchange. . . . You’ve got Macron in France, they call him the ‘Petite Napolean.’. . . Without war, Europe is going to collapse. It’s in a sovereign debt crisis . . . They have done everything against the economy.” Armstong thinks Russia will finish off Ukraine sometime in 2027 and Europe a year or two after that. And, Yes, Armstrong still thinks Ukraine will disappear from the map.

Armstrong urged his contacts in Washington to “Get the hell out of NATO.” It seems some in the US government are considering this warning as this headline breaks today: “US to Begin European Troop Withdrawal Talks, NATO Ambassador Says.” Armstrong says, “I have been told by some very influential people on Capitol Hill ‘you’re right, we agree.’ That’s what I have been told. . . . I have been complaining about this for months, and my view is Europe is committing suicide, and let’s not be part of it this time.” Is President Trump getting this message? Armstrong says, “Yes, I believe so. . . . Trump also said a peace deal does not seem likely, the hatred is too great on both sides.”

The neocons back home also want war with Russia and have wanted it for a very long time. Trump is either going to make peace or walk away and not participate. Maybe this is why former FBI Director James Comey put out his not-so-cryptic call to assassinate President Trump with his “86 47” now deleted Instagram post. Comey was the man who held Armstrong in prison illegally for contempt for 7 years. Armstrong says, “Comey has always been part of it. Just for the record, he was the US Attorney in New York. He’s the one who kept me in contempt until the Supreme Court said what the hell is going on? Then, they had to release me.”

How did Armstrong land in jail? Armstrong says, “They asked me to put in 10 billion dollars . . . to take over Russia, and I refused. It was Comey that was the US Attorney for New York, and he kept me in civil contempt, which has a maximum sentence of 18 months, and he kept me in for 7 years. He kept rolling it and rolling it and rolling it. . . . I was told if I put in $10 billion, I would get $100 billion back. They intended to have all the assets of Russia going through the trading desk of New York. All the oil, gold, diamonds, platinum, you name it, they would have it all. And I said, no, I’m out. I am not into regime change.”

Fast forward to today, and the powers in Europe still think they can take Russia and steal their assets to fix the extreme financial problems in Europe. Pensions, banks and bonds are in deep financial trouble in Europe. Stealing from Russia and gaining control of $75 trillion in natural resources is why they want and need war. Armstrong says, “They went to negative interest rates in 2014. I warned them. I said listen; you are out of your minds. You are syphoning money out of the bank reserves and pension finds. It’s a basket case. It really is. They have no appreciable economy. . . it’s shrinking, the number of actual businesses has shrunk in Germany. (Germany is 25% of the EU economy.) This is why they need war.” Armstrong says Europe is going to lose and lose badly in a war with Russia. Armstrong says if Trump gets out of NATO, the US will thrive and do much better financially than Europe. Let’s all hope President Trump gets us out of NATO before it’s too late.

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The alter ego speaks.

“Moscow is concerned that there are currently no individuals in Ukraine that have the legal authority to sign any sort of a peace deal..”

• Ukraine Has ‘One Last Chance’ – Medvedev (RT)

Authorities in Kiev have one last opportunity to preserve some kind of statehood after the Ukraine conflict inevitably resolves, former Russian President Dmitry Medvedev has said, urging Kiev to engage in peace talks. Speaking at an international legal forum in St. Petersburg on Tuesday, Medvedev – who serves as the deputy chairman of the Russian Security Council – admitted that Moscow doesn’t like the current political regime in Kiev “at all.” Nevertheless, he suggested that Ukraine’s leaders have “one last chance to preserve, under certain conditions, after the end of military actions, some kind of statehood or, if you like, some kind of international legal personality and gain a chance for peaceful development.”

Though the Ukrainian government lacks any sovereignty and is a failed “quasi-state” in its current form, Moscow remains open to holding unconditional direct peace negotiations that would take into account the current realities on the ground and address the root causes of the conflict, Medvedev stated. Moscow is concerned that there are currently no individuals in Ukraine that have the legal authority to sign any sort of a peace deal with Russia, he noted. This concern mainly has to do with the fact that a treaty signed by the current leadership could subsequently be rejected once a new government in Ukraine is elected, he explained. Zelensky’s presidential term officially expired last year, and he has since repeatedly held off holding new elections, citing the conflict with Russia and martial law.

While Moscow has questioned Zelensky’s legitimacy as Ukraine’s leader, last month, Kremlin spokesman Dmitry Peskov signaled that the Russian side may overlook his status in order to resume peace negotiations. ”The interests of entering the peaceful settlement process are above all else,” Peskov said, stressing that “the primary goal is to begin this negotiation process,” while all other questions are “secondary.” Last week, delegations from Russia and Ukraine met in Istanbul, marking their first direct talks since Kiev unilaterally abandoned the peace process in 2022. The head of Russia’s negotiating team in Istanbul, Vladimir Medinsky, later said the two parties had agreed to conduct a prisoner swap involving 1,000 POWs from each side, and to continue contacts once both have prepared detailed ceasefire proposals.

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“One way or another, Russia will realize its aspiration, so its easier to recognize them, accept them and move forward..,”

• Russia’s Red Lines: What Trump Heard From Putin in High Stakes Talks (Sp.)

Exclusive analysis by Igor Korotchenko (Editor-in-Chief of Russian military publication “National Defense”) on the content of the two hour conversation between Presidents Putin and Trump aimed at ending the Ukrainian conflict. The Russian president came to the table with four non-negotiables, Korotchenko says. These are:
• Recognition of new territorial realities (4 new regions = Russia)
• Complete Ukrainian withdrawal from these territories
• Halt in all Western arms shipments
• Ukraine’s neutral/non-bloc, non-nuclear status

“The main thing conveyed is that Russia has a consistent policy which does not change or vacillate, is absolutely clear and consistent,” the veteran Russian military observer explained. Essentially, Putin’s message was that “everything we say, we implement and carry out.” The non-bloc status point accounts for Russia’s long-standing position on the need to address and eliminate the root causes of the conflict, namely NATO expansion, Korotchenko said.

“Most importantly,” the call was meant to convey “realism from the idea that accepting the conditions formulated by Russia and their support in the US” would allow for peace to be achieved quickly. “One way or another, Russia will realize its aspiration, so its easier to recognize them, accept them and move forward,” the observer emphasized. Korotchenko stressed that the Putin-Trump phone call had no parties trying to “dictate their will” to each other, but a respectful discussion in which each side could express their position. “I think Trump at the very least heard Putin. And crucially, he was convinced that Russia is consistent in its readiness to reach a peace agreement. But this process will not come through some unilateral concessions,” the observer summed up.

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He puts on the smiley face, but this is not what he wants.

• NATO Chief Comments On Putin-Trump Phone Call (RT)

The phone call on Monday between Russian President Vladimir Putin and his US counterpart, Donald Trump, marks a positive development and continues to restore communication, NATO Secretary-General Mark Rutte has said. Talking to reporters on Tuesday, Rutte said it was a “good sign” that the conversation took place and welcomed Trump’s “leadership” in efforts to resolve the Ukraine conflict. He added that the US president had “broken the deadlock” from “day one” since returning to office earlier this year. Rutte acknowledged there had been “no discussions with the Russians” until January, when Trump began to “open lines of communication” with Putin. Asked whether pressure on the Russian president should be increased, Rutte said, “Let’s be thankful that Americans are now taking this position, this leadership role.” He added it would not be helpful for him, as a NATO leader, to comment on every step in the process.

Both Putin and Trump described their latest call as productive and encouraging. The US president said he expected progress on the Ukraine conflict within two weeks. According to a Kremlin statement, Putin thanked Trump for “US support in resuming direct negotiations between Russia and Ukraine.” Yury Ushakov, Putin’s foreign policy aide, said the call was conducted in a tone of “mutual respect,” with Trump expressing support for normalizing ties between Washington and Moscow. Putin said on Monday that he and Trump agreed that the next step should be a memorandum outlining principles and a timeline for a peace settlement in the Ukraine conflict. Kremlin spokesman Dmitry Peskov said the next day that “there is and cannot be a deadline” for completing the document.

Rutte’s remarks come as NATO members seek ways to militarize and produce more weapons to be delivered to Ukraine. In March, the European Commission unveiled a plan to raise €800 billion ($896 billion) to “rearm” the EU. The Trump administration has consistently demanded that European NATO states increase their annual military spending to 5% of GDP, calling the longstanding 2% target insufficient. Russian officials have condemned the steps being taken in Europe toward militarization, and dismissed claims that Moscow intends to attack either the EU or NATO. Moreover, Russia has expressed concern that, rather than supporting the US peace initiatives for the Ukraine conflict, the EU and UK are instead gearing up for war with Russia.

Read more …

“Western Europe wasn’t invited to the Istanbul talks at all. No EU officials were in Türkiye. The ultimatums issued just days earlier? Ignored by both Moscow and Washington.”

• Trump Call Puts Brakes On West’s Diplomatic Offensive (RT)

In recent weeks, the focus of the Russia-Ukraine conflict has shifted noticeably from the battlefield to the diplomatic arena. Political actors on all sides have turned their attention to shaping the terms of a potential settlement – or at least the framework for future negotiations. This latest phase began with a coordinated visit by Western European leaders to Kiev and concluded, for now, with a phone conversation between Russian President Vladimir Putin and his US counterpart, Donald Trump, on Monday. But the centerpiece of this diplomatic shift was the unexpected resumption of direct talks between Russia and Ukraine in Istanbul. What’s unfolding is not just a conversation about peace, but a broader contest over influence and strategic direction. Competing visions of how the conflict should end – or be managed – are colliding in real time. Western Europe is scrambling to maintain relevance,

Ukraine is caught between urgency and uncertainty, and Trump, now at the center of this geopolitical tug-of-war, is being courted by both sides. So, who’s really winning this shadow war of influence? And what happens if the diplomatic front collapses? Let’s take a closer look. On May 10, leaders from France, the UK, Germany, and Poland traveled to Kiev. Their message to Russia was blunt: Agree to a 30-day ceasefire or face new sanctions and new supplies of European weapons to Ukraine. This wasn’t surprising. Peace initiatives led by Trump and his adviser, Steve Witkoff, had stalled by early May, creating an opening for the ‘war party’ led by European globalists – figures with whom Kiev has naturally aligned for obvious reasons. But there’s a problem: Europe is out of both weapons and sanctions.

Germany still has a few symbolic Taurus missiles tucked away like heirloom jewels, but even if it decides to part with them, the numbers wouldn’t meaningfully shift the balance on the battlefield. This leaves the Western Europeans with just one real move: Convince Trump to back their agenda, boxing him into a policy that isn’t his own. That same evening, Putin made his countermove: He publicly invited Kiev to resume direct peace talks in Istanbul. With that offer, the Russian president: Set the terms of negotiation himself, signaling that Russia holds the advantage and Ukraine has more to lose by dragging this out; Sidelined Western Europe entirely, effectively discarding Witkoff’s peace plan in favor of talks not about a token ceasefire, but a lasting peace on Russia’s terms.

It was also a clear act of diplomatic trolling – inviting the Ukrainians back to the very same negotiating table they had walked away from three years ago in Istanbul, with Vladimir Medinsky once again leading the Russian delegation. Despite some trolling, Russia sent a relatively heavyweight delegation to Istanbul: The head of military intelligence, top deputies from the foreign and defense ministries, and a cadre of seasoned experts. This is the sort of team you’d expect at serious negotiations – if the parties actually shared common ground.They don’t, at least not yet. Still, the talks were more substantive than expected. Neither side stormed out, and the discussions were described as constructive. Most notably, the two sides agreed to continue talking – and to carry out the largest prisoner exchange of the conflict so far.

The exchange is structured as a one-to-one swap – 1,000 prisoners from each side: Nearly all captured Russians and roughly one-sixth of the Ukrainian POWs. The original goal was a full exchange of ‘all for all’, so the current results clearly favor Moscow. I’ve long argued that the only path to lasting peace lies in a direct Russia-Ukraine agreement. This would require Kiev to renounce its anti-Russian posture and accept Moscow’s terms. And this can only happen if Ukraine ditches its alignment with the European war lobby led by French President Emmanuel Macron and UK Prime Minister Keir Starmer. Just last Thursday, that seemed impossible. Ukraine’s Vladimir Zelensky was grandstanding, demanding Putin come to Istanbul, insisting on an immediate ceasefire, and more. But curiously, Western Europe wasn’t invited to the Istanbul talks at all. No EU officials were in Türkiye. The ultimatums issued just days earlier? Ignored by both Moscow and Washington.

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All of Russia’s culture will be protected, also in Ukraine.

• Russia Won’t Abandon Ukraine’s Orthodox Believers – Lavrov (RT)

Russia will not abandon Orthodox believers in Ukraine in the face of ongoing religious persecution by the authorities in Kiev, Foreign Minister Sergey Lavrov has promised. Speaking at a Russian Foreign Ministry reception on Tuesday dedicated to Orthodox Easter, Lavrov condemned Kiev for cracking down on believers in the Ukrainian Orthodox Church (UOC), calling it proof of the Ukrainian authorities’ “human-hating essence.” “The authorities in Kiev have brought [the UOC] to the brink of legal liquidation… Churches continue to be seized, vandalized, and attacked, along with priests and parishioners,” Lavrov alleged. He pointed in particular to Ukraine’s attempts to wrestle control over the iconic Kiev Pechersk Lavra, the country’s oldest monastery.

“These acts are being carried out with the connivance and even support of many European countries, where the ghosts of neo-Nazism and Satanism are again lifting their heads,” the diplomat stated. “Russia will not leave the Orthodox people of Ukraine in trouble,” Lavrov stressed, adding that Moscow “will ensure that their lawful rights are respected” and that canonical Orthodoxy regains its central place in Ukraine’s spiritual life. Ukraine has accused the UOC of maintaining ties to Russia despite the church declaring independence from the Moscow Patriarchate in May 2022. The crackdown has included numerous arrests of clergymen and church raids, one of the most notorious of which took place in the catacombs of the Kiev Pechersk Lavra where holy relics are kept.

Last year, Zelensky also signed legislation allowing the state to ban religious organizations affiliated with governments Kiev deems “aggressors,” effectively targeting the UOC. The Ukrainian leader has defended the measures, claiming they are necessary to protect the country’s “spiritual independence” amid the conflict with Russia. Meanwhile, Kiev has openly supported the Orthodox Church of Ukraine (OCU), which is regarded as schismatic by both the UOC and the Russian Orthodox Church. The UN has also voiced concern about the state of religious freedoms in Ukraine, particularly regarding legislation allowing Kiev to target different institutions.

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“.. he is “not ready to put greater pressure” on Russia..”

• EU Quietly Complains Ukraine Is ‘All On Us Now’ – FT (RT)

European leaders backing Ukraine were reportedly “stunned” by US President Donald Trump’s refusal to support their efforts to pressure Russian President Vladimir Putin, following a phone call between the two leaders. ”He [Trump] is stepping away,” a senior European diplomat said, as cited by the Financial Times on Tuesday, describing the impression the US president produced. “Supporting and financing Ukraine, putting pressure on Russia: that’s all on us now.” The conversation between Putin and Trump on Monday was their third public engagement since Trump took office in January, with both describing it as positive. Trump reiterated his call for continued direct talks between Moscow and Kiev, and said the conflict is “a European situation” in which the US should never have been involved.

Trump personally briefed the leaders of Ukraine, Finland, France, Germany, Italy, the UK, and the European Commission on the call, and made it clear he is “not ready to put greater pressure” on Russia, an unnamed source told the FT. EU officials and European NATO members had been counting on Washington’s support to extract concessions from Moscow by leveraging threats of new sanctions and continued weapons support for Ukraine. They interpreted the perceived shift in the US posture as a diplomatic win for the Kremlin, the British newspaper said. Before direct talks between Moscow and Kiev resumed in Istanbul last week, Ukraine and its backers demanded a 30-day unconditional ceasefire from Russia as a prerequisite. Kiev agreed to take part after the US endorsed the talks, while European leaders postponed their own deadline for a truce.

Moscow has since called for a memorandum to be drafted that would set out a road map to a peace treaty, possibly including a ceasefire. Kremlin spokesman Dmitry Peskov noted that finalizing the document would take time. Trump said following his discussion with Putin that in addition to ending the violence, a resolution of the conflict could lead to major economic benefits for the US, Russia, and Ukraine. He added that progress in the talks could be seen in a couple of weeks, but warned that a lack of results could lead Washington to reconsider its role as mediator.

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The EU starts joint borrowing. Many will not like that. Ask Orban.

• EU Forks Out $169 Bln for War Chest (Sp.)

European Commission President Ursula von der Leyen called the new program a “once-in-a-generation moment’ after previously saying that the EU faces defense investment needs of approximately $565 billion over the next decade. The EU has greenlit a new $169 billion defense fund to bankroll ammo, drones, and critical infrastructure, Bloomberg reported. Financed through joint borrowing, it will give loans to EU members and countries such as Ukraine to boost the arms industry. The hiked spending is pitched as a response to Donald Trump’s scale-back of US defense in Europe.

Besides the $169 billion program, looser fiscal rules could unleash up to $904 billion in more military spending. Such loans would go to finance what Europe “lacks,” like:
• missiles
• missile defense systems
• ground capabilities.

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“..whatever happens in Ukraine sets the table for what happens in the Indo-Pacific,” suggesting that an outright Russian victory could embolden China to make more assertive moves.”

• Ukraine Distracting West From ‘More Serious’ Issues – Rubio (RT)

US Secretary of State Marco Rubio has defended President Donald Trump’s foreign policies and priorities, including his reluctance to join the EU and UK in imposing further sanctions on Moscow or increasing arms supplies to Kiev. Following his lengthy phone call with Russian President Vladimir Putin on Monday, Trump told journalists that the US does not want to impose additional sanctions on Russia “because there’s a chance” of progress toward a settlement of the Ukraine conflict. Secretary Rubio was grilled on this and other issues during a three-hour-long appearance before the Senate Foreign Relations Committee on Tuesday. Senator Chris Coons, a Democrat from Delaware, claimed that “whatever happens in Ukraine sets the table for what happens in the Indo-Pacific,” suggesting that an outright Russian victory could embolden China to make more assertive moves.

“But by the same token, I would say there’s a flip side to that, and that is every minute we spend, every dollar we spend on this conflict in Europe is distracting both our focus and our resources away from the potential for a much more serious, much more cataclysmic confrontation in the Indo-Pacific,” Rubio replied. Rubio has previously stated that countering China will be central to US foreign policy during Trump’s second term. He reiterated on Tuesday that “every minute that we spend on this conflict – that cannot be won by military means – every resource that’s expended into it is money and time that’s not being spent on preventing a much more serious confrontation from a global perspective in the Indo-Pacific.”Rivalry between Washington and Beijing has intensified since Trump’s return to office, with both nations expanding their military and economic influence in the region and beyond.

Pentagon chief Pete Hegseth declared in February that China was America’s top defense priority, citing “stark strategic realities.” Speaking in Brussels at a gathering of Ukraine’s backers, he described Beijing as a “peer competitor” with both the capability and intent to threaten US interests in the Indo-Pacific. Washington has previously signaled that it plans to shift its military focus to Asia, while Trump has repeatedly urged the EU to take the lead in its own defense and bear the primary responsibility for future security guarantees to Kiev. Trump argued that Washington should never have intervened in Ukraine, suggesting that Kiev would be “better off” if the conflict with Moscow had remained a “European situation.”

“This is not our war… I mean, we got ourselves entangled in something that we shouldn’t have been involved in… The financial amount that was put up is just crazy,” the US president said on Monday. The Putin-Trump call was characterized as productive by both leaders. Trump said he believes Putin is interested in ending the conflict and warned that additional economic pressure could obstruct US mediation efforts. However, the EU and UK imposed new sanctions on Russia on Tuesday, escalating their campaign to pressure Moscow while ramping up support for Kiev.

Read more …

“..the magnitude of the savings is proportionate to the support we get from Congress and from the executive branch of the government in general..”

• Musk Says Congress Needs To Act To Meet DOGE $2 Trillion Savings Goal (ZH)

When Elon Musk joined the Trump administration with the goal of eliminating waste, fraud and abuse through the Department of Government Efficiency (DOGE), he set a lofty $2 trillion goal. Now, four months later, DOGE has cut roughly $170 billion – a figure much lower than projected – in no small part due to activist judges and political pushback which have stopped the Trump administration from eliminating wide swaths of government bloat. On Tuesday, Musk said it was up to Congress to make it happen. “The ability of Doge to operate is a function of whether the government, and this includes the Congress, is willing to take our advice,” Musk said while speaking at an economic forum in Qatar.

“We are not the dictators of the government. We are the advisors, and so we can, we can advise, and the progress we’ve made thus far, I think, is incredible,” Musk continued. “Doge team has done incredible work, but the magnitude of the savings is proportionate to the support we get from Congress and from the executive branch of the government in general. So we’re not the dictators we all the advisors. But thus far, for advisors. We’ve been to the George team, to their credit, has made incredible progress.”

https://twitter.com/i/status/1924826040976777678

As we noted in February, it will be Congress that decides the endgame… You cut enough spending – even if it’s all grift and fraud – you eventually get a recession, guaranteed. That’s all Congress is waiting for cause then they use the “emergency” to vote through a far greater spending package (“will someone please think of all the unemployed”) one which eclipses all of DOGE’s spending cuts. What Musk is doing in trying to streamline the govt is admirable but ultimately it will be Congress that decides the endgame. And there things are as status quo as always.

In a humorous exchange, Musk said that he’s still committed to being Tesla CEO in five years’ time – unless he’s dead. A moderator asked: “Do you see yourself and are you committed to still being the chief executive of Tesla in five years’ time?” Musk responded: “Yes.” The moderator pushed further: “No doubt about that at all?” Musk added, chuckling: “I can’t be still here if I’m dead.”

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Pure lawfare.

• Federal Judge Blocks Trump Admin’s Dismantling of US Institute of Peace (ET)

U.S. District Judge Beryl Howell on May 19 blocked President Donald Trump’s administration from restructuring the U.S. Institute of Peace (USIP), replacing its leadership, and assuming control of its office building. “These unilateral actions were taken without asking Congress to cease or reprogram appropriations or by recommending that Congress enact a new law to dissolve or reduce the institute or transfer its tasks to another entity,” Howell stated in her written opinion. USIP was established by Congress in 1984 as an “independent nonprofit corporation,” which receives federal and private funding to promote peace through education and diplomacy. The matter began with a Feb. 19 Trump executive order declaring USIP “unnecessary,” and calling for the organization’s activities to “be eliminated to the maximum extent consistent with applicable law.”

Its board of directors is made up of 13 members: Ten are acting members, appointed by the president and confirmed by the Senate. The other three are “ex officio” members, meaning they hold their seats because of their placement in the federal government. Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, and Vice Admiral Peter A. Garvin, president of the National Defense University, hold these “ex officio” seats. On March 14, Trent Morse of the Presidential Personnel Office fired USIP’s acting board members by email. That same day, its president, George Moose, was fired by the ex officio members and replaced with Kenneth Jackson, an official from the U.S. Agency for International Development. The Department of Government Efficiency (DOGE) took control of USIP’s headquarters on March 17.

On March 18, in the middle of this shake-up, USIP and several of its fired board members sued the government, naming Trump, Jackson, Hegseth, and Rubio as co-defendants. Howell initially declined to block the administration’s moves on March 19, while the case was pending before the court, because she felt the plaintiffs’ claims would not succeed on the merits. The board members and USIP president Moose protested against the firings and resisted the takeover of its Washington headquarters, but were unsuccessful. The administration eventually fired all but a handful of USIP’s staff, cancelled all of its programs. It transferred control of USIP’s headquarters to the General Services Administration and leased its office space to the Department of Labor. In her ruling, Howell sought to define USIP’s role in the federal government.

The plaintiffs had argued that USIP is a fully independent entity, and not part of the government, or at the very least, not part of the executive branch. Its statutes say the board members can only be removed by the president: “In consultation with the board, for conviction of a felony, malfeasance in office, persistent neglect of duties, or inability to discharge duties.” A board member may also be removed by a vote of eight other board members, or with a majority vote from members of the House Committees on Foreign Affairs and Education and Labor, and the Senate Committees on Foreign Relations and Labor and Human Resources. The Trump administration had argued that it was part of the executive branch, since it performed diplomatic functions. Since it is part of the executive branch, federal attorney Brian Hudak argued, Trump was entitled to fire its board despite the statutory limitations.

Judge Howell took a middle-of-the-road view and said that USIP is part of the federal government, but not strictly part of the executive branch. “Instead, USIP supports both the executive and legislative branches as an independent think tank that carries out its own international peace research, education and training, and information services,” she stated. “Defendants’ subsequent actions that flowed from the improper removal of USIP’s leadership in March 2025 are thus also unlawful,” including the termination of its grant programs and the firing of its staff. Howell ordered the fired board members and president Moose to be reinstated and may not be fired, except in accordance with USIP’s statutes. She also declared the transfer of USIP’s headquarters illegal and has blocked the government from “trespassing” on those headquarters or maintaining control of its computer systems.

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And then you open the borders again?

• Germany’s Border Crackdown Can Only Last ‘A Few More Weeks’ – Police (RT)

Germany’s new border crackdown can only be sustained for “a few more weeks,” the country’s police union has warned, citing mounting pressure on officers tasked with enforcing the policy. The warning comes two weeks after the government introduced stricter border controls to curb the number of asylum seekers entering the country. ”We can only manage this because duty rosters have been adjusted, training for the units is currently on hold, and the reduction of overtime has been halted,” Andreas Rosskopf, chairman of the Federal Police and Customs division of the German Police Union, said. He warned that the controls can only be sustained “for a few more weeks.” The measures represent a major shift in Germany’s migration stance and fulfill a key campaign promise of Chancellor Friedrich Merz, who vowed to tighten the immigration laws.

The May 7 order from Interior Minister Alexander Dobrindt bans asylum applications at all land borders, reversing former Chancellor Angela Merkel’s 2015 open-border policy. Exceptions are made for children, pregnant women, and other vulnerable groups. Up to 3,000 officers are being added to the 11,000 already stationed at Germany’s borders. The 2015 policy defined Germany’s approach to refugees, while also drawing fierce political backlash, with critics calling it “disastrous.” A week after the measures were announced, Dobrindt claimed that the number of rejections increased by almost a half. However, according to Der Spiegel, the number of asylum applications remained largely stable in the week after May 7.

As the EU’s largest economy, Germany has been the most popular destination for asylum seekers. According to official statistics, foreigners currently make up 17% of the country’s population. Migration remains a polarizing issue, with local authorities often warning that the number of asylum seekers is straining their budgets.The right-wing Alternative for Germany (AfD) party, which is known for its strong anti-immigration stance, was designated a “confirmed extremist entity” earlier this month by the domestic intelligence agency (BfV), which said its activities could threaten Germany’s democratic order. The designation was later suspended after legal appeals and public outcry.

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They’ll keep at it. There are no consequences.

• Democratic Officials Claim a Dangerous License for Illegality (Turley)

Across the country, a new defense is being heard in state and federal courtrooms. From Democratic members of Congress to judges to city council members, officials claim that their official duties include obstructing the official functions of the federal government. It is a type of liberal license that excuses most any crime in the name of combating what Minn. Gov. Tim Walz called the “modern-day Gestapo” of the Immigration and Customs Enforcement (ICE). The latest claimant of this license is Rep. LaMonica McIver (D-NJ), who was charged with assaulting, resisting, and impeding law enforcement officers during a protest at Delaney Hall ICE detention facility in Newark, New Jersey. McIver is shown on video forcing her way into an ICE facility and striking and shoving agents in her path.

This was not a major incursion, but these state and federal officials joined a mob in briefly overwhelming security and breaching the fence barrier after a bus was allowed through the entrance. Federal officials were able to quickly force back the incursion. McIver and House Democrats insisted that McIver’s forcing her way into the facility might be trespass and assault for other citizens, but she was merely exercising “legislative oversight.” Rep. Alexandria Ocacio-Cortez (D., N.Y.) declared “You lay a finger on someone – on Bonnie Watson Coleman or any of the representatives that were there – you lay a finger on them, we’re going to have a problem.” Minority Leader Hakeem Jeffries (D., N.Y.) even ominously warned the federal government that Democrats would bring down the house if it tried to charge McIver: “It’s a red line. They know better than to go down that road.”

Well, the red line was crossed in a big way after Acting U.S. Attorney for the District of New Jersey Alina Habba charged McIver with a felony under Title 18, United States Code, Section 111(a)(1). The ACLU called the charge “authoritarianism” and insisted that these state and federal politicians “have every right to exercise their legally authorized oversight responsibilities for expanded immigration detention in New Jersey.” The problem with the oversight claim is that McIver’s status as a member of Congress does not allow her access into closed federal facilities. Congress can subpoena the Executive Branch or secure court orders for access. However, members do not have immunity from criminal laws in unilaterally forcing their way into any federal office or agency.

If that were the case, Rep. Alexandria Ocacio-Cortez would not have posted images of herself crying at the fence of an immigrant facility, she could have climbed over the fence in the name of oversight. Conversely, Republicans in the Biden Administration could have simply pushed their way into the Justice Department to seek the files on the influence-peddling scandal. Yet, the point of the claim is less of a real criminal defense and more of a political excuse. It is the same claim being heard this week from Worcester City Councilor Etel Haxhiaj who was shown in a video shoving and obstructing ICE officers attempting to arrest a woman on immigration charges. Two other individuals (including a Democratic candidate for a school board) were arrested, but not Haxhiaj who claimed that she was merely protecting “a constituent.” After the melee, the city manager issued an order preventing city police from assisting in any way in the carrying out of such civil immigration enforcement efforts by the federal government.

Even judges are claiming the same license. In Wisconsin, Judge Hannah Dugan has been charged with obstructing a federal arrest of an illegal immigrant who appeared in her courtroom. Duggan heard about agents waiting outside in the hallway to arrest the man and went outside to confront the agents. She told them to speak to the Chief Judge and that they needed a different warrant. The agents complied and the Chief Judge confirmed that they could conduct the arrest. In the interim, however, Dugan led the man out a non-public door and facilitated his escape (he was arrested after a chase down a public street). Judge Duggan also claimed that she was carrying out her duties even though her hearing was over, the charges were not part of state matter, and the arrest was being carried out outside of her courtroom.

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Mr. Margarita has very poor manners.

• EPIC – Senator Chris Van Hollen vs Secretary Marco Rubio (CTH)

For seven straight minutes Secretary of State Marco Rubio sat and listened to criminal alien apologist Chris Van Hollen blast him for enforcing immigration laws, supporting MAGA foreign policy and revoking the guest visas for criminal protestors on college campuses. Van Hollen was trying to blast Rubio and fundraise from his far-left communist constituents. Rubio listened respectfully. Then came the moment, “may I respond” asked Rubio, and within the response Senator Van Hollen completely lost his cool, shouted angrily at Rubio despite being told his time has expired, and was forced to listen to Senator Rubio inform him that yes, Rubio not only plans to revoke the visas of the agitators, but that Rubio had just asked for an even longer list of campus protesters who were recently arrested so he could personally ensure those visas were revoked.

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“…I kind of think of this like a software ecosystem play, where we now have them tied to the American AI ecosystem..”

• David Sacks’ Lieutenant Explains Trump’s AI Deal With UAE (ZH)

Sriram Krishnan, Senior White House Policy Advisor on Artificial Intelligence, joined the Monday edition of TBPN to explain why the U.S.-UAE AI Partnership is a strategic victory for the United States in its race to lead AI development against China, a perspective largely (and unsurprisingly) overlooked by mainstream media.

SRIRAM KRISHAN: We signed the first AI acceleration partnership. You guys probably read about in the press, but there are probably three important components that just, I wanted to have the technology brothers have the alpha and the have the first group on that. The most important part, the first part, is that this represents a large investment in U.S. data centers and U.S. AI infrastructure. So these countries will be investing in U.S. AI infrastructure. To make them as equal, if not larger, than the data centers and infrastructure they’re building back home. So this means, obviously a large infusion of capital revenue to data centers here in America.

JORDI HAYS: That story was kind of lost. Right? I feel like a lot of the focus was on localized investment and infrastructure. JOHN COOGAN: To break it down in language that a venture capitalist could understand. This is something like what we’re seeing with Stargate where there’s a ton of capital forming and that’s coming from SoftBank, but it’s also coming from Middle Eastern investment funds and sovereign nations investing in American infrastructure. And then there’s a whole host of companies that might come in the stack to actually build a new data center. Is that right?

SRIRAM KRISHAN: Exactly. You should be doing our talking points. I would say, look, these countries have AI ambitions, right? They want to buy American AI. They wanna buy our semiconductors. They want to buy our large language model. They want to use us. And so as a part of this deal, they’re agreeing to a few things. The most important thing they’re gonna agree to is that capital, like you mentioned, right? Like, and, and this is, by the way, net new. This is not part of any existing project. Sure. These net new deals will mean infrastructure being built out physically in the US.

So for example, if they build out X megawatts of gigawatts of capacity, yep. This will mean the same X megawatts of gigawatts of capacity in the US, and this is an important point. Because some of the chatter has been, Hey, how does America maintain its lead? Well, one of the ways we maintain our lead is everything that is being built up by our allies. We get a matching deal back home. So that’s probably the number one headline.

The second headline would be that the vast majority of the GPUs that are as a part of this deal, which is gonna be, say, hosted in the UAE, will be hosted, run, operated by American hyperscaler companies, right? And so, you probably know them all, right? These would be large American companies who. They will be running it, hosting it, maintaining, and this is actually important because this represents an expansion opportunity for all of our companies. This means they would get to win market share away from competition from other countries. And obviously there’s a whole huge amount of revenue and ecosystem coming in. And so that’s the second key point, the vast majority of the GPUs are going to be run by American companies, often by a lot of our friends in these large, uh, you know, hyperscaler companies.

And the third point, and this is, again, something just lost in the chatter, is I’m sure you’ve heard questions about, Hey, how do we make sure these GPUs, you know, don’t get to somebody they don’t need to be. So there are rigorous security protocols in place, so every GPU gets shipped over. We are gonna make sure that, a., they can’t be physically diverted. These are really large boxes. You can’t hide them under your t-shirt or your tux and kind of stick them out the door. You can’t really go George Clooney Oceans 11 on them. So one is there’s going to be a large amount of physical verification and physical security protocols.

The second is remote access. We are gonna make sure through these deals, through the framework that nobody who’s not supposed to have access, especially from countries of concern, can get access. And so these three kinds of the core pillars, and here’s why this event, right? And I think everybody in your audience who’s like a technology person, a technology brother, or in the software world, here’s why they’ll understand it. What has history taught as a software industry? The company with the biggest network effect, the biggest ecosystem wins, right? We’ve all grown up with Microsoft. How did Microsoft win with the Windows and Office ecosystem? Think about this as the American AI ecosystem.

We are getting these resource-rich countries who are critical allies in very interesting geopolitical places to basically adopt the American AI stack, right? Up and down. This means they are going to be part of our ecosystem for years and decades to come, and it essentially forms a shield from them ever adopting or using technology or working closely with some people that we don’t want them to work with. In a way, I kind of think of this like a software ecosystem play, where we now have them tied to the American AI ecosystem.

Read more …

 

 

 

 

Dowd

Scott
https://twitter.com/liz_churchill10/status/1924578085443187024

Bark

 

 

 

 

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

 

 

 

 

 

Debt Rattle April 24 2025

Apr 242025
 
 April 24, 2025  Posted by at 9:12 am Finance Tagged with: , , , , , , , , ,  32 Responses »


Jean-François Millet The Angelus 1857

 

• Trump Excoriates Zelensky For Rejecting Crimea Proposal For Peace (ZH)
• US Gained ‘Better Understanding’ Of Russia’s Stance On Ukraine – Rubio (RT)
• Vance Ramps Up Pressure On Ukraine With Peace Plan That ‘Sharply Favors Russia’ (ZH)
• EU Refusing To Lift Russia Sanctions For Peace – Reuters (RT)
• Where Have Europe’s Pacifists Gone – Who Once Opposed NATO? (van den Ende)
• There Will Be No Ukrainian Peace Deal (Paul Craig Roberts)
• Bessent Calls For ‘Reforms’ Among ‘Bretton Woods Institutions’ (ZH)
• Musk and Bessent Had ‘WWE Fight’ In White House – Axios (RT)
• Judge Orders Correction Notices For Fired Probationary Workers (ET)
• Harvard: Take the Trump Deal, Before It’s Too Late (Victor Davis Hanson)
• World Economic Forum Opens Probe Into Founder as Klaus Schwab Resigns (DS)
• The Left’s Mount Rushmore (Al Perrotta)
• New Poll Data Confirms the Democrats’ Worst Fears (Margolis)
• HHS, FDA Announce Phase-Out Of All Artificial Food Dyes (ZH)
• Depression Cycle Arrives in 2025 & 2026 – Charles Nenner (USAW)
• Why U.S. Must Win AI Race Against China – Khosla (ZH)
• Ukraine Complicit in 2014 Massacre: European Court of Human Rights (Kuzmarov)

 

 

 

 

Amish
https://twitter.com/Nichole05507742/status/1914675572762140682
https://twitter.com/matt_vanswol/status/1914679392632033447

 

 

https://twitter.com/JimFergusonUK/status/1915003832062431232

Collum

Moon

66

 

 

40% of covid deaths are diabetics
https://twitter.com/toobaffled/status/1914932641180090504

 

 

 

 

The key to peace now is getting Europe out of the way. Trump can do that, but does he want that fight? Then again, does he have a choice?

• Trump Excoriates Zelensky For Rejecting Crimea Proposal For Peace (ZH)

Trump vs. Zelensky Round Two? Tensions initially looked to have cooled after the Zelensky-Vance-Trump February 28 verbal blow-up and showdown at the Oval Office (see clip below), but the spat is heating up once again, and is fast getting personal. President Trump has slammed President Zelensky in a Wednesday post on Truth Social, saying of the Ukrainian leader, “if he wants Crimea, why didn’t they fight for it eleven years ago when it was handed over to Russia without a shot being fired”… and “He can have Peace or, he can fight for another three years before losing the whole Country.” The fiery denunciation appears in direct response to Zelensky the day prior rejecting Washington demands that Ukraine be ready to formally recognize Russian sovereignty over Crimea. Trump continued, “It’s inflammatory statements like Zelenskyy’s that makes it so difficult to settle this War. He has nothing to boast about!”

The White House has this week been making it clear that the United States is ready to walk away from the peace process if it doesn’t have willing partners. All of this pressure seems aimed squarely at Kiev, given also Vice President Vance’s Wednesday remarks while in India. “We’ve issued a very explicit proposal to both the Russians and the Ukrainians, and it’s time for them to either say yes or for the United States to walk away from this process,” Vance told the press pool while on the trip. “The only way to really stop the killing is for the armies to both put down their weapons, to freeze this thing and to get on with the business of actually building a better Russia and a better Ukraine.” Freezing the war now would certainly give Russian forces a huge advantage, given the immense territory in the East they now hold.

Trump in the fresh social media post further demanded that now is the time to “GET IT DONE” – referring to achieving a lasting settlement. And he coupled this with another swipe at Zelensky, saying the man has “no cards to play” – which has been a US admin theme going back to February. “I look forward to being able to help Ukraine, and Russia, get out of this Complete and Total MESS, that would have never started if I were President!” – Trump concluded in the post. Trump is clearly not happy in the wake of Zelensky’s Tuesday remarks wherein he asserted that Ukraine will not legally recognize Russia’s occupation of Crimea under any circumstances,

“There is nothing to talk about. This violates our Constitution. This is our territory, the territory of the people of Ukraine,” Zelensky told reporters. But Trump is now calling this out as essentially BS – saying that no, this is the very thing in question that must be talked about if the war is to end. On a practical level, Russia is never going to give up Crimea regardless, given it has long been the historic home of the Russian Navy’s Black Sea fleet, and has an overwhelming Russian-speaking population. Will Zelensky respond to this latest dressing down by Trump? His PR handlers are likely urging him not to. The last time this happened in the wake of Zelensky’s visit to the White House, the US cut off weapons supplies and intelligence-sharing to Kiev for several days. But this spat and sparring could blow up further yet. Zelensky expressed hope that he could meet with Trump while in Rome for the Pope’s funeral on Saturday, but this is now looking less likely.

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“We have a better understanding of that now because we’ve actually spoken to them after three years of not speaking to them..”

• US Gained ‘Better Understanding’ Of Russia’s Stance On Ukraine – Rubio (RT)

Washington has gained a much better understanding of Russia’s position on the Ukraine conflict following the recent series of bilateral talks, US Secretary of State Marco Rubio has said. Rubio made the remarks on Wednesday in an interview with The Free Press, saying the US has been seeking to grasp what the Russian position is. “We have a better understanding of that now because we’ve actually spoken to them after three years of not speaking to them,” he stated. Ties between Moscow and Washington all but collapsed following the 2022 escalation of the Ukraine conflict under then-President Joe Biden. Since returning to the White House in January, President Donald Trump has distanced himself from Biden-era policies, pushing for a rapid resolution to the conflict and a reset in bilateral relations. The two sides have held several rounds of high-level talks in recent months.

Voicing hope for a peace deal, Rubio emphasized there’s “no military end” to the ongoing hostilities. “We have to be frank. Russia’s not just going to roll over Ukraine and take the whole country. And Ukraine’s not going to push them all the way back to where they were before 2014,” he stated. “We’ve done our best,” Rubio told the outlet. “This is not our war. We didn’t start this war. We’re trying to help everybody end it,” he said, expressing hope to “bring the two sides closer.” Rubio was expected at a high-level Ukraine meeting in London on Wednesday with UK, US, French, German and Ukrainian diplomats. However, later Rubio and Trump’s special envoy Steve Witkoff decided to skip the event. The UK Foreign Office later confirmed to AFP that the foreign ministers meeting had been indefinitely postponed, adding that “official level talks” will continue but behind closed doors. As part of a reported “final offer” to end the Ukraine conflict, Washington had planned to present a proposal in London recognizing Crimea as Russian “de jure” and acknowledging Moscow’s control over the Lugansk and Donetsk People’s Republics, as well as Kherson and Zaporozhye Regions.

The plan was also said to include the lifting of some sanctions against Russia and opposing NATO membership for Ukraine. On Tuesday, Vladimir Zelensky rejected any discussion of recognizing Crimea as Russian. Trump warned on Wednesday that Zelensky risked losing the entire country if he continued to stall talks. Moscow has maintained that the status of Crimea – which joined Russia in 2014 following a referendum held after the Western-backed coup in Kiev – and the four other former Ukrainian regions that voted to join Russia in 2022, is not up for negotiation. Russian officials also insist that any peace agreement must address the “root causes” of the conflict. President Vladimir Putin has also said that a viable ceasefire would require Western nations to stop arms deliveries to Ukraine.

Read more …

Ukraine -and Europe- chooses to forget they just lost a war.

• Vance Ramps Up Pressure On Ukraine With Peace Plan That ‘Sharply Favors Russia’ (ZH)

Vice President JD Vance while traveling in India on Wednesday issued some new and provocative remarks on the prospect of Ukraine peace, and Washington’s demands related to ending the war. The NY Times headlined is coverage of Vance’s new remarks by somewhat disparagingly calling it a “Plan for Ukraine That Sharply Favors Russia” — given that it calls for ‘freezing’ the front lines, which would leave Russian forces in control of the majority of the Donbass region in Eastern Ukraine. The Vice President reiterated to reporters that the United States would “walk away” from engaging in a peace process if both Ukraine and Russia refused to accept the American terms. The NY Times concludes, “But President Volodymyr Zelensky of Ukraine was clearly the target.”

“We’ve issued a very explicit proposal to both the Russians and the Ukrainians, and it’s time for them to either say yes or for the United States to walk away from this process,” Vance told the press pool. “The only way to really stop the killing is for the armies to both put down their weapons, to freeze this thing and to get on with the business of actually building a better Russia and a better Ukraine.” Here is the brief list of basics that Washington is demanding for its outline of peace: —a “freeze” of territorial lines in the three-plus year war —no path to NATO membership for Ukraine —formal recognition of Russia holding Crimea But it was only yesterday that Ukraine’s President Zelensky said he has rejected the possibility of ceding over Crimea, after the Trump administration reportedly offered this ‘gift’ to Putin of US recognition of Russian sovereignty over the strategic peninsula which has long been home to the Russian navy’s Black Sea fleet.

According to Ukrainian media: Ukraine will not legally recognize Russia’s occupation of Crimea under any circumstances, President Volodymyr Zelensky said during a briefing in Kyiv on April 22. “There is nothing to talk about. This violates our Constitution. This is our territory, the territory of the people of Ukraine,” Zelensky told reporters. Zelensky added, “As soon as talks about Crimea and our sovereign territories begin, the talks enter the format that Russia wants – prolonging the war – because it will not be possible to agree on everything quickly.” Kiev has also recently accused Moscow of using negotiations as a smokescreen, also coming off the 30-hour Easter truce, which saw both sides accuse the other of many violations.

Commenting further of Vance’s fresh remarks, the NY Times writes, “It was the first time a U.S. official had publicly laid out a cease-fire deal in such stark terms and the comments appeared designed to increase pressure on Ukraine, which has long refused to accept Russia’s claims on its lands, particularly in Crimea.” Ukraine is meanwhile telling its Western backers that it is “ready to negotiate, but not to surrender.” According to fresh words of Ukraine’s vice PM Yulia Svyrydenko, “There will be no agreement that hands Russia the stronger foundations it needs to regroup and return with greater violence. A full ceasefire—on land, in the air, and at sea—is the necessary first step. If Russia opts for a limited pause, Ukraine will respond in kind.”

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The EU’s story is Russia will invade all of Europe if Ukraine does not get unlimited support. They will cruelly impoverish their own people for it. Unless these people call a halt to that.

• EU Refusing To Lift Russia Sanctions For Peace – Reuters (RT)

The EU has firmly rejected the idea of easing Ukraine-related sanctions against Russia before peace negotiations are concluded, Reuters reported on Wednesday, citing sources. Last week, the US shared with EU officials proposals aimed at facilitating a peace deal between Russia and Ukraine. The initiative reportedly outlined potential terms to end the conflict, including the easing of sanctions on Moscow in the event of a lasting ceasefire. Brussels, however, “staunchly opposes” Russia’s request to lift EU sanctions before peace talks are concluded, Reuters wrote, citing European diplomats. Another sticking point is the US proposal to recognize Russian sovereignty over Crimea – a suggestion the outlet described as a “non-starter” for both the EU and Kiev.

The EU’s stance is reportedly seen as diminishing the chances of any breakthrough in the peace negotiations, prompting senior US officials to skip a high-level meeting in London on Wednesday held for discussing the Ukraine conflict. The gathering was due to include top diplomats from the UK, US, France, Germany, and Ukraine but ended up being downgraded to involve lower-level officials. Both special envoy Steve Witkoff and Secretary of State Marco Rubio are skipping the event. The US delegation is instead being led instead by General Keith Kellogg, another envoy of US President Donald Trump focused on Ukraine. Last month, European Commission President Ursula von der Leyen declared the EU would not lift its sanctions against Russia for as long as the Ukraine conflict continues.

Also in March, the EU rejected a Russian demand to lift sanctions on Russian Agricultural Bank as part of the Black Sea ceasefire initiative discussed between Moscow and Washington. During the talks in Saudi Arabia, Russia and the US agreed to work toward reviving the Black Sea Grain Initiative, which, according to the Kremlin, would include the removal of Western restrictions against the agricultural bank and other financial institutions. Kremlin spokesman Dmitry Peskov responded that the EU’s refusal to lift sanctions on Russia demonstrates the bloc’s reluctance to end the Ukraine conflict. “If European countries don’t want to go down this path, it means they don’t want to go down the path of peace in unison with the efforts shown in Moscow and Washington,” he said at the time.

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The war industry has conquered Europe in record time.

• Where Have Europe’s Pacifists Gone – Who Once Opposed NATO? (van den Ende)

Where are they now—Europe’s pacifists? Why do they no longer gather in Belgium, in Brussels, NATO’s headquarters, where large demonstrations against the alliance once took place? These protests, led by pacifists, denounced NATO, war, militarization, and nuclear arms. The Belgian newspaper Le Soir recently posed an intriguing question: Why have the pacifists vanished? “The arms race has begun,” the article argues. “Like its European neighbors, Belgium is preparing to significantly increase military spending this year—without facing any opposition.” “We keep our word,” declares Francken, Belgium’s former Defense Minister. “Belgium will become a solidary ally with extra defense budgets for personnel, equipment, and infrastructure.” He claims the spending will also boost jobs and innovation. Belgium, after all, is a NATO founding member, alongside the Netherlands.

Some Belgian (former) pacifists have reacted sharply to the government’s plans: “Retirees must accept lower pensions, unemployment benefits are being slashed, the sick languish in poverty, nurses earn less and work longer for diminished pensions, hospitals lose subsidies—all to enrich that corrupt Zelensky gang in Kiev.” The same measures, they note, are being imposed in the Netherlands. But as the article points out, criticizing NATO now invites ridicule. Or does it go further than mockery? Across Western Europe—Belgium, the Netherlands, Germany—and in the Baltic states and Poland, dissent is met with more than scorn. People are arrested, elections are overturned, and societies drift toward totalitarianism—or worse, a resurgence of militarism and fascism unseen since 1945.

Europeans once insisted America should not meddle in their affairs. But it’s too late for that. EU governments, radicalized by waning U.S. interest in Europe, have already been co-opted. They should have spoken up years ago, when it became clear Europe was being used to wage wars in distant lands its citizens barely knew. Instead, they absorbed refugees (often unwillingly) and fell under what some call American colonization. Yet America wasn’t entirely wrong. In Munich last February, Vice President J.D. Vance called Europe a “totalitarian society,” singling out Germany. I can confirm his assessment was accurate—but it barely scratched the surface. The reality is far worse and deteriorating daily. Consider these examples: • A 16-year-old German girl was expelled from school by police for posting a pro-AfD TikTok video featuring the Smurfs (the right-wing party’s color is blue). • An AfD politician was fined for stating that migrants commit more gang rapes than German citizens. (The court didn’t dispute her facts but ruled they incited hatred.)

Germany once had a robust pacifist movement. In the 1970s and 80s, activists—many from what is now the Green Party (Bündnis 90/Die Grünen)—protested NATO and nuclear weapons. Today, those same Greens, led by Annalena Baerbock and Robert Habeck, champion war and arms shipments. Their party program declares Germany must lead Europe, offering a “global counterweight” to China and Russia. The anti-war, anti-NATO movement has been absorbed into a party now pushing for war—especially against Russia, as Baerbock’s rhetoric makes clear. Or take a 2023 case where the EU’s High Representative expressed concern over “extrajudicial sentences against Serbs” who protested NATO in Kosovska Mitrovica. Kosovo’s Foreign Minister defended the arrests, claiming police had “clear evidence” the demonstrators participated in an “attack on NATO.”

So where have Europe’s pacifists gone—the ones who marched against war, militarization, and nuclear arms for decades? The Friedrich Naumann Foundation (banned in Russia) claims to have the answer. In an article, they declare: “The end of pacifism (as heard in a Bundestag debate) was historic. Hopefully, it marks the end of a moral and political error.” Has pacifism become a “political mistake”? Millions who oppose war have been misled for years by their own politicians—like the Greens, who traded peace for militarism. The world is upside down, yet Europe’s docile masses seem content as their pensions fund weapons. New Eastern Europe takes it further, arguing “Pacifism kills.” The outlet claims: “The problem isn’t pacifism itself, but its manipulation for purposes contrary to its ideals. While pacifist appeals to Russia (the aggressor) are justified, targeting Ukraine or both sides aids Moscow.”

In short: Pacifism helps Russia. The “hippies” of the 1960s live in a fantasy where peace is impossible, Russia is the villain, and Europe must defeat it. The campaign against pacifism mirrors the EU’s push for militarization. Europe is silencing pacifists—and dissidents—just as pre-WWII Germany did under fascism. New laws are emerging. In Germany, the proposed CDU/CSU-SPD coalition plans to “fight lies,” per their “Culture and Media“ working group. If you “lie” by government standards—say, by advocating peace with Russia or denying its “aggression”—you risk jail, fines, or online erasure. “The deliberate spread of false claims isn’t covered by free speech,” they assert.

Le Soir asked: Where are the pacifists? They’re still here—for now. But once Germany’s new government takes power, once the digital ID and CBDC (mandatory across Europe) launch this October, protests—online or in streets—will be surveilled. Small demonstrations in Germany and Amsterdam show resistance lingers. But soon, fear will silence them: fear for jobs, pensions, benefits, even children.

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PCR keeps wanting Putin to erase Ukraine. He’ll do it only if forced to. He may well be.

• There Will Be No Ukrainian Peace Deal (Paul Craig Roberts)

There cannot be a peace deal when President Trump only proposes that Russia keep Crimea, which Russia did not take in war but in an unanimous vote of the population in Crimea to be reunited with Russia from which Crimea had been torn. Trump has not included in the deal Russian Donbas, which also voted to be returned to Russia or the other Russian areas that Russian forces have liberated and have been reincorporated into Russia. In other words, so far, other than Crimea, President Trump has offered President Putin none of the former Russian territory that is now again part of Russia herself. Is the implication that Putin must hand back to Ukraine the territory from which Russian soldiers have driven out Ukrainian soldiers? So Putin’s 3+ years of war was all for nothing?

Zelensky himself, treated by Trump as Ukraine’s leader despite the fact that Zelensky’s term has expired and he is no longer legally or constitutionally the president of Ukraine, states that he will not even discuss recognizing Crimea as Russian territory: Crimea “is our territory, the territory of the people of Ukraine. We have nothing to talk about on this topic.” To understand how absurd Zelensky is, consider that Crimea is the home since the 1700s of the base of Russia’s Black Sea Navy, Russia’s access to the Mediterranean. As Zelensky appears to have a veto, even Trump’s partial concession to Russia has no chance. Trump threatens that he will walk away from the negotiations. That w0uld be a good thing if he takes American weapons and money when he goes.

Zelensky would be left to deal with Putin, perhaps an easy task as Putin and Lavrov continue to bleat for negotiations, neglecting their responsibility to win a war that has gone on for far too long drawing in the US and Europe. It seems Zelensky is relying on Britain and France to send their troops to continue the fight against Russia. The French president is talking about extending France’s nuclear umbrella to include Ukraine. Putin and Lavrov seem to prefer a negotiated deal to a military victory. Would the Kremlin accept a deal that requires Russia to give up battlefield successes won at a large cost in Russian life, the life of young men lost and gone and unavailable to create needed Russian population? Is it Putin’s hope for a Great Power Agreement that has prolonged the conflict?

A great power agreement happens only among great powers, but President Putin has convinced the West that Russia is irresolute, averse to using force, and only wants a negotiated settlement to the conflict with Ukraine, for which Putin will pay almost any price, no matter the humiliation. Russia’s inability to bring a war with Ukraine to a victorious conclusion after more than three years of fighting negates any recognition of Russia as a great power as far as the West is concerned. Even Britain and France feel confident to fight Russia. Several of the NATO countries are saying that they are preparing for war with Russia. The Baltic states are even interdicting Russian shipping. Putin’s conduct of the war has convinced the West that he is irresolute and averse to fighting. The choice facing Putin is: Surrender or win a victory and impose the peace.

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“Recent data shows the Chinese economy tilting even further away from consumption toward manufacturing. China’s economic system, with growth driven by manufacturing exports, will continue to create even more serious imbalances with its trading partners..”

• Bessent Calls For ‘Reforms’ Among ‘Bretton Woods Institutions’ (ZH)

Days after Scott Bessent dazzled JP Morgan with closed-door comments (aka not Main Street) that the tariff standoff with China is unsustainable, the US Treasury Secretary is set to deliver comments on Wednesday at the IIF Global Outlook Forum regarding the state of the global financial system as the Trump administration seeks to tamp down rhetoric over China. According to a copy of Bessent’s prepared remarks, he is set to tell the IIF that “America First does not mean America Alone,” and that the IMF must prioritize economic and financial sustainability. He is calling for IMF and World Bank reforms after “mission creep,” i.e. non-economic goals such as climate change and social justice, but that the Trump administration wants to work with them.

“Going forward, the Trump Administration will leverage U.S. leadership and influence at these institutions and push them to accomplish their important mandates,” Bessent said, adding “The United States will also demand that the management and staff of these institutions be accountable for demonstrating real progress.” Bessent – who blamed persistent U.S. trade deficits on foreign policy decisions that promote excess saving and low wages abroad, added that “The architects of Bretton Woods recognized that a global economy required global coordination,” and called for “key reforms to ensure the Bretton Woods institutions are serving their stakeholders—not the other way around.” He also encouraged “security-aligned trade,” suggesting that U.S. security partnerships should influence economic alignment – a strategic counter to China’s Belt and Road.

China Rebalancing Bessent also said that China “is in need of rebalancing.” “Recent data shows the Chinese economy tilting even further away from consumption toward manufacturing. China’s economic system, with growth driven by manufacturing exports, will continue to create even more serious imbalances with its trading partners if the status quo is allowed to continue. China’s current economic model is built on exporting its way out of its economic troubles. It’s an unsustainable model that is not only harming China but the entire world. China needs to change. The country knows it needs to change. Everyone knows it needs to change. And we want to help it change—because we need rebalancing too.” According to an anonymously sourced (of course) report by the WSJ minutes before Bessent’s speech (and which was immediately denied), the Trump administration “is considering slashing its steep tariffs on Chinese imports—in some cases by more than half—in a bid to de-escalate tensions with Beijing.”

President Trump hasn’t made a final determination, the people said, adding that the discussions remain fluid and several options are on the table. One senior White House official said the China tariffs were likely to come down to between roughly 50% and 65%. The administration is also considering a tiered approach similar to the one proposed by the House committee on China late last year: 35% levies for items the U.S. deems not a threat to national security, and at least 100% for items deemed as strategic to America’s interest, some of the people said. The bill proposed phasing in those levies over five years. -WSJ. Bessent’s comments also come after President Donald Trump softened his tone on the unfolding trade war between the world’s two largest economies – to which China’s foreign ministry spokesman, Guo Jiakun replied “our doors are wide open.”

According to Tuesday comments by Trump, “very high” tariffs on Chinese imports will “come down substantially, but it won’t be zero.” “I think we’re going to live together very happily and ideally work together, so I think it’s going to work out very well,” Trump told reporters at the White House. Trump notably excluded China from a pause on “reciprocal” tariffs that were extended to other trading partners in order to allow them time to negotiate – blaming China’s retaliatory actions for its exclusion. The China tariffs include a 125% reciprocal tariff on top of Trump’s original 20% tariff related to the fentanyl trade. Combined with pre-existing Section 301 tariffs, some Chinese goods face levies as high as 245%.

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“..Musk’s Department of Government Efficiency cost-cutting initiative, which Bessent claimed has failed to deliver on its promises.”

• Musk and Bessent Had ‘WWE Fight’ In White House – Axios (RT)

Tech billionaire Elon Musk and US Treasury Secretary Scott Bessent were involved in a heated shouting match inside the White House last week, reportedly trading expletives and personal insults during a confrontation over leadership of the Internal Revenue Service (IRS), according to Axios. The incident reportedly unfolded in the West Wing on Thursday within earshot of President Donald Trump and visiting Italian Prime Minister Giorgia Meloni. The two men argued over Trump’s recent decision to name Gary Shapley, Musk’s preferred candidate, as acting IRS commissioner – a move that blindsided Bessent, who had lobbied for his deputy, Michael Faulkender. “It was two billionaire, middle-aged men thinking it was WWE in the hall of the West Wing,” one witness told Axios on Wednesday.

Musk reportedly accused Bessent – a former partner at Soros Fund Management and the founder of Key Square Group – of being a “Soros agent.” Bessent “roared” back, at one point allegedly shouting “F**k you,” to which Musk replied, “Say it louder.” The clash did not escalate into physical violence, but was loud enough to be heard in nearby offices, according to multiple sources. Witnesses said an aide had to physically step in between the two men to prevent the situation from intensifying. White House Press Secretary Karoline Leavitt downplayed the incident, telling the New York Times that “disagreements are a normal part of any healthy policy process,” and that “ultimately, everyone knows they serve at the pleasure of President Trump.” Bessent ultimately came out on top, with Shapley replaced by Faulkender just days after the appointment. “Trust must be brought back to the IRS, and I am fully confident that [Deputy Secretary] Michael Faulkender is the right man for the moment,” Bessent said on X Friday afternoon.

“Gary Shapley’s passion and thoughtfulness for approaching ways to create durable and lasting reforms at the IRS is essential to our work, and he remains among my most important senior advisors at the [US Treasury] as we work together to rethink and reform the IRS.” The altercation highlights long-standing tensions between Musk and Bessent dating back to the presidential transition, when Musk unsuccessfully pushed for Howard Lutnick to lead the Treasury Department. Trump instead appointed Bessent and nominated Lutnick to head the Commerce Department. Since then, Musk and Bessent have clashed repeatedly over personnel and policy, including Musk’s Department of Government Efficiency cost-cutting initiative, which Bessent claimed has failed to deliver on its promises.

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Bookkeeping.

• Judge Orders Correction Notices For Fired Probationary Workers (ET)

A federal judge ordered the Trump administration to provide laid-off federal probationary employees with a written notice stating that they were not terminated for performance reasons but that it was part of a government-wide termination effort. U.S. District Judge William Alsup also ordered Acting Director of the Office of Personnel Management (OPM) Charles Ezell not to tell agencies to terminate “any federal employee or group of federal employees.” The judge wrote on April 18 that the firings of probationary workers followed an OPM template that states they were fired for job performance reasons. “Termination under the false pretense of performance is an injury that will persist for the working life of each civil servant,” wrote Alsup, who is based in San Francisco. “The stain created by OPM’s pretense will follow each employee through their careers and will limit their professional opportunities.”

The latest directive from the judge is part of a lawsuit that was filed by labor unions and nonprofits contesting the mass firings of thousands of probationary workers in February under President Donald Trump. Probationary workers are typically new hires or employees who were recently promoted and who must serve a trial period of one to two years before they receive full-term, or permanent, employment. “If a particular termination was in fact carried out after an individualized evaluation of that employee’s performance or fitness, the Chief Human Capital Officer (or equivalent) of that agency may instead submit … a declaration, under oath and seal, stating so and providing the individual reasoning underpinning that termination,” Alsup also wrote, setting a May 8 deadline to do so.

On April 8, the U.S. Supreme Court blocked an earlier order from Alsup that required the administration to return to work some of the terminated probationary federal employees who were terminated. The justices were responding to the Trump administration’s emergency appeal of Alsup’s ruling.

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“Does the university really want to get in a fight with the Trump administration and then bring all of this information about their endowments; their lack of intellectual diversity; their segregation; their lack of due process for people who undergo inquiries or accusations; their separate racial graduations, safe spaces, theme houses; the use of student loans? ”

• Harvard: Take the Trump Deal, Before It’s Too Late (Victor Davis Hanson)

We’ve talked about higher education before, but now it’s come into sharper focus with the Trump administration’s deadlock with Harvard University over its unwillingness or inability—whatever term we like to use—to meet the administration’s demands that it ensures an antisemitic-free campus that does not allow people to disrupt classes. It doesn’t use race, after the Supreme Court decision that went against Harvard and said that affirmative action was no longer legal. Columbia had the same type of disagreement, other campuses are. I don’t think it’s a wise thing for them to get into a fight with the federal government. If they are dependent on federal funding, these big private marquee universities—Columbia, Harvard, Princeton, Yale, Stanford, Duke—and they want federal money, then the federal government is going to ask for some transparency. And we, the public, really don’t know much about it.

It’s like a rock, a traditional rock on moist ground. You don’t wanna turn it over because there’s going to be things underneath there that you would better not—it would be better not to be seen. And that’s what the public is going to learn about higher education. Now, what do I mean? I mean loans. These universities are raising tuition higher than the rate of inflation. And that started when the federal government said, “We will ensure these loans for students.” Once that happened, the moral hazard shifted away from the university. So, they have been gouging students for room and board. I’ll give you an example. Hillsdale College, its room, board, and tuition is about $45,000 a year. It takes no money. Harvard gets about $9 billion in total. Its room, board, and tuition is about $95,000. Same with Stanford.

They’re about double what Hillsdale charges. And one of the reasons is that they’re so dependent on federal money and therefore they can spend like drunken sailors. Remember, of that 1.7, about 10%, 8% are nonperforming and about maybe 14% are late. The public doesn’t know all that. But they’re paying for it—especially kids, the half of the cohort 18 to 30 that’s not going to college, they’re subsidizing this university boondoggle. The second thing is the university doesn’t really obey the first 10 amendments of the Constitution. If you get accused of particular crimes as a student, faculty member, let’s say, sexual harassment or untoward speech, hate speech—whatever the term they use—it’s very unlikely you’re going to get Fourth and Fifth, maybe Sixth Amendment protection.

That is, you’re not going to have an open hearing. You’re not going to be tried by a jury of your peers. You’re not going to necessarily have legal counsel. You’re not necessarily going to know who your accusers are. The affirmative action ruling by the Supreme Court outlawed the use of race in admissions. And we have civil rights statutes that also do that. But the universities do something funny. They have safe spaces. They have theme houses. And they have auxiliary graduations. But the common denominator, they’re predicated on race. So, a black theme house, a Latino theme house has almost very few people. Nobody would want a European, so-called white theme house or an alternate white graduation. And you would say, “Why not, Victor?” Because it would be considered racist, I suppose. But at Stanford, only 22% of the student body is white. Are they going to say, “Well, we’re one of the minorities now. Why don’t we do this?” That’s where it will lead if you enhance tribalism.

There’s no intellectual diversity. The National Association of Scholars did a study not long ago. They found not one of the 133 faculty members at Bryn Mawr was a Republican. At Williams, I think they found one or two. They found a lot of elite universities where there was nobody who openly acknowledged that they were a Republican. There are a couple of other things that are disturbing too. And that is the universities get individual faculty grants—Department of Energy, National Institutes of Health. And usually, in most private foundations, the university is not following their model. What I mean is, a private scholar at a think tank, they might deduct 15% for the use of the phone or office that they would get out of that federal grant. But universities like Stanford, Harvard, Princeton, they can go from 40% to 50% to 60% and they’re relying on that multimillion-dollar—I guess we’d call it—price gouging from the federal government.

And finally, these universities don’t have multimillion-dollar endowments anymore. They have multibillion-dollar—$30 billion, Stanford $53 billion. And they’re predicated—the income—on that. And sometimes they get almost 10%. They’re very good in investing. This $5 or $6 or $7 or $4 billion a year in income is tax-free, for the most part. Tax-free. And that’s predicated that they’re nonpolitical, they’re nonpartisan. But when you look at the makeup of the faculty and the use of race and gender, contrary to federal law, you can see they’re very partisan.

So, let me just sum up. Does the university really want to get in a fight with the Trump administration and then bring all of this information about their endowments; their lack of intellectual diversity; their segregation; their lack of due process for people who undergo inquiries or accusations; their separate racial graduations, safe spaces, theme houses; the use of student loans? I don’t think they want to do that. The public would be shocked. And it’s a losing proposition. If I were the presidents of these major universities, I would do this: I would make a deal with the Trump administration. And I would welcome it because then I would tell my radical students, “You can’t wear a mask. I’d like you to, but the federal government won’t let me.” Or, “We can’t have racially segregated dorms anymore, theme houses. I’d like to, but it’s against the law.” And that would be their way out. Is that going to happen? I don’t think so. And I think we’re going to see some accountability. And the universities are not going to like the consequences.

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For misusing funds, after having done just that, what, 50 years? Makes little sense. But they sure got rid of him in record time. The Great Reset.

• World Economic Forum Opens Probe Into Founder as Klaus Schwab Resigns (DS)

Klaus Schwab, the founder and chairman of the World Economic Forum, resigned on Easter Sunday amid a whistleblower report about alleged misuse of Forum funds, and the globalist organization’s board voted to launch an independent probe into allegations against him. “Following my recent announcement, and as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect,” Schwab said in a statement Sunday. Schwab, 87, had previously announced that he would step down as the Forum’s chairman, and the Forum would launch a succession process to be completed by January 2027. The whistleblower report sped up that timeline. A Schwab family spokesperson denied the allegations in the whistleblower report, which claimed Schwab asked subordinates to withdraw thousands of dollars from ATMs on his behalf and used Forum funds to pay for private, in-room massages at hotels.

The report also alleged that Schwab’s wife, Hilde, a former employee of the organization, scheduled “token” meetings in order to justify luxury holiday travel, billing the Forum. The report also repeated concerns about how Schwab treated female employees, warning that his leadership allegedly allowed instances of sexual harassment and discriminatory behavior to go unchecked in the workplace. The Forum had previously investigated these concerns and disputed them. The World Economic Forum Board of Trustees met Sunday to accept Schwab’s resignation. Sources close to the matter told The Wall Street Journal that Schwab asked the board not to investigate the whistleblower report, but the board opened the probe, anyway. The Forum had been shaking up its leadership in recent weeks in response to a previous board probe into its workplace culture. Forum CEO Børge Brende said that investigation did not substantiate the allegations against Schwab.

This turmoil comes amid a growing global backlash to the World Economic Forum’s globalist vision. Newly-inaugurated President Donald Trump addressed the Forum’s annual meeting in Davos, Switzerland, on Jan. 23. In his speech, the president condemned the previous administration’s policies, which echoed the Forum’s advocacy. “What the world has witnessed in the past 72 hours is nothing less than a revolution of common sense,” Trump said. “My administration is acting with unprecedented speed to fix the disasters we’ve inherited from a totally inept group of people and to solve every single crisis facing our country.” Among other things, he touted his withdrawal from the Paris Climate Accord—which the World Economic Forum supports—and his moves to “abolish all discriminatory diversity, equity, and inclusion nonsense”—another ideological initiative the Forum wholeheartedly backs.

Outgoing President Joe Biden awarded George Soros, the Hungarian American globalist billionaire, the Presidential Medal of Freedom. As I wrote in my book, “The Woketopus: The Dark Money Cabal Manipulating the Federal Government,” Soros-funded groups infiltrated and advised the Biden administration, pushing it in a globalist direction. In addition to the Paris agreement and DEI programs, the World Economic Forum has advocated a host of social and political changes that critics say would empower elites at the expense of personal freedom and economic progress. Schwab co-wrote the book, “COVID-19: The Great Reset,” published in July 2020, which outlines how the COVID-19 pandemic disrupted social and economic systems and calls for sweeping changes “to create a more inclusive, resilient, and sustainable world going forward.”

Heritage Foundation President Kevin Roberts traveled to Davos, Switzerland, for the Forum’s annual meeting in 2024, and condemned its globalist advocacy. He faulted the World Economic Forum for claiming that climate change poses an existential threat to humanity, that illegal immigration is positive, and that there is no public safety threat in large American cities. “I will be candid and say the agenda that every single member of the administration needs to have is to compile a list of everything that has ever been proposed at the World Economic Forum and object to all of them wholesale,” Roberts said, speaking as a leader of America’s conservative movement. “Anyone not prepared to do that and take away this power of the unelected bureaucrats and give it back to the American people is unprepared to be part of the next conservative administration.”

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“The phrase “Maryland Dad” is said with the same reverence by the media as “Honest Abe.”

• The Left’s Mount Rushmore (Al Perrotta)

Carved into the stone of the Black Hills of South Dakota, four faces look down upon this great nation: George Washington, Abraham Lincoln, Thomas Jefferson, and Theodore Roosevelt. Four American heroes, revered, respected, and representing the noblest aspirations of the American people. The gentleman farmer-turned-general who took down the most powerful army in the world, then shepherded the newborn nation through its infancy. The folksy woodsman who freed a race of people and ensured the United States would move forward as one. The inventor, political philosopher, genius whose poetry turned a statement of independence into a declaration more powerful than any weapon against tyranny the world has ever known. The brash adventurer whose swagger and smarts best captures the can-do American spirit. This is America’s Mount Rushmore.

Sadly, today’s Left and it appears the entire Democratic Party have carved in recent days their own Mount Rushmore: Luigi Mangione, Karmelo Anthony, Kilmar Abrego Garcia, and Mahmoud Khalil. A cold-blooded killer who shot a father of two in the back because he didn’t like the American health care system. A cold-blooded killer who allegedly stabbed a fellow teenager in the chest because he felt challenged and disrespected. An illegal immigrant, MS-13 gang-member, alleged human trafficker, who happened to be put back on the wrong plane back to his home country. And did we mention he’s an accused wife beater? An operative of a terrorist organization that promotes the genocide of Jews, who led violent protests against Jewish students … a guest in our country, who allegedly lied on his visa application. These are the Left’s new heroes. This is the Left’s new Mount Rushmore. (Sorry, George Floyd. You’re yesterday’s news.)

Approximately 3 million people a year visit Mount Rushmore. Visitor numbers for the Left’s Mount Rushmore aren’t quite that. Yet. But you did have a U.S. senator travel 2,000 miles to visit Abrego Garcia, with a gaggle of House Democrats soon following. You did have thousands visiting the courthouse holding pro-Hamas Columbia University student Khalil, and tens of thousands gathering around the country to protest his arrest. You did have over 13,400 people visiting the GiveSendGo site of Anthony, dropping enough coin to afford Anthony to not only pay his bail, but rent a $900,000 crib for his family and a hot new ride for himself. Over $455,000 raised because he stabbed a white kid in the chest. And you have countless women gathering at the courthouse to support and swoon over Mangione, the accused killer of UnitedHealth CEO Brian Thompson, like he is the freshly single member of a boy band.

Like the original Mount Rushmore, you can buy souvenirs for the Left’s Mount Rushmore. Don’t want a T-shirt of Jefferson, Washington, Lincoln, or Roosevelt? You can get a St. Luigi T-shirt, mugs, and hats. Etsy’s full of “Free Mahmoud Khalil” T-shirts. A website was set up to sell Anthony swag. The phrase “Maryland Dad” is said with the same reverence by the media as “Honest Abe.” Mangione’s motto “Deny, Defend, Depose” is the Left’s new “Life, Liberty, and the Pursuit of Happiness.” This isn’t even about Mangione, Abrego Garcia, Anthony, or Khalil. Killers are going to kill, terrorists are going to terrorize, and gangbangers are going to gangbang. They no more earned the adoration than Washington, Lincoln, Jefferson, and Roosevelt carved their own faces on Mount Rushmore. This isn’t even about the small fringe drawn to the worst among us. Even serial killers get love letters.

This is about the mindset of the Left that tears down statues of our Founders but lifts up lowlifes. Who throw their lot in with Maryland Dad to spite the Orange Man. Who declare that because America’s a racist nation it’s OK for a black kid to plunge a knife into a white kid. How is it that despite the carnage MS-13 has done in the state of Maryland, one of its senators, Chris Van Hollen, went to El Salvador on our dime in a failed bid to win Abrego Garcia’s release? And even after the Department of Justice dropped a load of documents from the Prince George’s County Police Department’s gang unit further proving Abrego Garcia’s MS-13 ties, after the Tennessee Star reported how he was pulled over in 2022, suspected of human trafficking, after documents were released where his wife swore he repeatedly beat her, Van Hollen vowed to continue to fight for his release. And indeed, met with him Thursday for a tropical sit-down as cozy as anything you’d see on “The Bachelor.”

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“I can’t remember the last time that people who voted on Election Day — the majority, uh, plurality of them — were Democrats.”

• New Poll Data Confirms the Democrats’ Worst Fears (Margolis)

Can you believe it? The Democrats, once the supposed champions of the working class, have exposed themselves as nothing more than elitist snobs who couldn’t care less about real Americans. Recent polling has confirmed what conservatives have known all along: the Democratic Party is now the domain of overeducated, snobby, wealthy liberals who look down on anyone who doesn’t share their “enlightened” worldview. Remember when Democrats at least pretended to care about the working class? Those days are long gone, replaced by a woke agenda that caters to the most unhinged elements of society. Now, they’re more interested in slobbering over MS-13 gangbangers than addressing the real concerns of everyday Americans.

Democratic strategist Doug Sosnik didn’t sugarcoat the situation during a conversation with Mark Halperin on 2WAY. The latest poll numbers, he explained, confirm what many on the Left have feared for months: the Democratic Party is in serious trouble. In a blunt, unflinching analysis, Sosnik laid out a series of hard truths that paint a grim picture of the party’s standing with American voters and underscore just how deep the erosion has become. First, Sosnik pointed to the seismic shift in party affiliation. “The electorate in 2024 was 6% less Democratic than compared to four years ago,” Halperin noted, asking if that level of movement was historically significant. Sosnik didn’t mince words: “The shift is significant, but more importantly… I can’t remember the last time that people who voted on Election Day — the majority, uh, plurality of them — were Democrats.”

He continued, “It shows a real erosion for the Democratic Party,” noting that many of the Democrats who backed Biden in 2020 simply didn’t show up this time around. That drop-off was made even more glaring when coupled with the latest favorability ratings. “Lowest net favorable rating since the ’90s,” Halperin remarked, prompting Sosnik to outline a trifecta of disasters driving the collapse in support: inflation, immigration, and cultural arrogance. On the economic front, Sosnik admitted, “We had the worst inflation in America since the early 1980s.” He added that by the time Election Day arrived, “everything… was on average 20% higher than when Biden took office.” That kind of economic pain, Sosnik argued, doesn’t just dent a party; it shatters its credibility.

But the damage didn’t stop there. Immigration, Sosnik said, became both a practical problem and a symbol. “There’s a concern that people, uh, for their own personal… safety and security… the immigration issue was sort of both a real problem for Democrats, but also… a proxy for just a general sense that there was a lawlessness with a Democratic administration.” That perception of disorder extended into the cities, where “these big cities around America that were largely… governed by Democrats” seemed unable — or unwilling — to maintain control.” Then came the cultural disconnect, the sense that Democrats had abandoned everyday Americans in favor of elite ideologies.

“A lot of people in America in the middle of the country thought Democrats were looking down on them,” Sosnik said bluntly. He attributed part of that disconnect to “how they talked, issues they cared about, all the DEI programs.” The result? A broadening sense among voters that Democrats “weren’t competent to govern.” Taken together, the conversation was less a diagnosis than an autopsy. The Democrats aren’t just facing a messaging problem; they’re grappling with a wholesale rejection from swaths of the electorate they once considered safe. The warnings have been mounting for years. Now, with favorability cratering and voters fleeing, the party is watching those warnings come to life.

Read more …

Biggest success story of the Trump team so far is probably Bobby Kennedy. And he’s got much more. He‘s also got a formidable team with guys like Bhattacharya and Makary. Who somewhat ironically became visible because of the Covid disaster.

• HHS, FDA Announce Phase-Out Of All Artificial Food Dyes (ZH)

Health and Human Services Secretary Robert F. Kennedy Jr’s quest to “Make America Healthy Again” grew far more substantial on Tuesday, with the announcement that the federal government will eliminate all petroleum-based synthetic food dyes by the end of 2026. The announcement came at a Washington DC news conference, with RFK Jr joined by Food and Drug Administration (FDA) Commissioner Marty Makary and National Institutes of Health Director Jay Bhattacharya. The podium was flanked by “MAHA Moms” and their children; the moms are a coalition of outspoken advocates of the Trump administration’s health agenda.

Kennedy framed the move against artificial, petroleum-based dyes using forceful language: “For too long, some food producers have been feeding Americans petroleum-based chemicals without their knowledge or consent. These poisonous compounds offer no nutritional benefit and pose real, measurable dangers to our children’s health and development. That era is coming to an end. We’re restoring gold-standard science, applying common sense, and beginning to earn back the public’s trust. And we’re doing it by working with industry to get these toxic dyes out of the foods our families eat every day.”

The first two dyes in the crosshairs are Citrus Red No. 2 and Orange B. The FDA is initiating a process to revoke their authorizations “within the coming months.” The FDA will also pressure food producers to eradicate Red No. 3 earlier than Jan 15, 2027. The Biden administration had already set that deadline for its removal from foods and beverages, after long-running concerns about its potential to cause cancer and interfere with hormonal functions. The FDA will also pursue the removal of the remaining six previously-approved petroleum-based dyes by the end of 2026.

Here’s a small sampling of foods these artificial dyes are used in today:
Blue No. 1: M&Ms, blue sports drinks
Blue No. 2: Cereals, candy
Citrus Red No 2: Enhancing the color of real orange rinds
Green No. 3: Mint candy, Sour Patch Kids
Orange B: Hot dog and sausage casings
Red Dye 40: Flamin’ Hot Cheetos, M&Ms, sports drinks, cereals
Yellow No. 5: Mountain Dew, Froot Loops, Doritos
Yellow No. 6: Reese’s Pieces, Cheetos,
Red Dye No. 3: Drinks, cakes, cookies, frozen desserts, frosting, icing

“For the last 50 years, American children have increasingly been living in a toxic soup of synthetic chemicals,” said Makary. Justifying the sweeping change, the former Johns Hopkins surgeon pointed to a Lancet study that found artificial colors cause “increased hyperactivity” in a study of 3-year-olds and 8- and a 9-year-old children. He also cautioned that there’s more to America’s health problems than petroleum-based food dyes: “There’s no one ingredient that accounts for the child chronic disease epidemic. And let’s be honest, taking petroleum-based food dyes out of the food supply is not a silver bullet that will instantly make America’s children healthy, but it is one important step.”

Read more …

” Nenner also thinks the US dollar is going to be okay and will not fall much more—for now. By the way, Nenner says he is up 40% so far in 2025.”

• Depression Cycle Arrives in 2025 & 2026 – Charles Nenner (USAW)

Renowned geopolitical and financial cycle expert Charles Nenner is not only predicting a big war cycle but a depression coming by the end of 2025 and into 2026. It’s not caused by the Trump tariffs; it’s just part of the cycle that Nenner follows. When does this big downturn start? Nenner explains, “In the next few months . . . and the end of this year will be a down year. 2026 will also be a down year. It’s going to be very serious. I wrote last year I expect the S&P to go down to 4,000. So, from 6,200 to 4,000 if you are in bad stocks, you could lose 50% of your money, and to get that back, you have to make 100% on what is left of your money. Then we can have a bounce and go lower again. If you look at the list of brokers, 99% are positive. They were talking about the S&P going to 6,800, and then they changed their minds when it came down.”

Nenner is predicting a down year for the stock market this year, but look out in 2026. Nenner says, “It will be much worse in 2026 because the cycles in 1928 and 1929 are in the same position as 2025 and 2026.” Can it shoot through 4,000 on the S&P? Nenner says, “Most definitely, I think so, yeah . . . we expect a bounce from there before it goes down again.” Beyond that, Nenner has long called for a DOW at 5,000. It’s nearly 39,000 today. Nenner says, “I calculated it at 5,000, yes, and I have not calculated it for the S&P.” That is pretty bearish, and before people pooh-pooh what Nenner is saying, listen to his logic on this subject.

Nenner explains, “Let’s take one simple assumption. If there is a big war between China and Tiawan, do you think the market goes up? Do you think there is a chance of it – 50/50? So, there is a 50/50 chance only based on this idea the markets are not going to do well. . . . Of course, China wants to take over Tiawan. . . . There is no history that it does not belong to China. . . . If US gets in a war with China, it will lose. . . US lost 15 out of 15 war games in simulated war with China.” Nenner still likes gold for the long term and has been predicting it’s rise. On silver, Nenner says, “Silver is behind, but starting in May, we expect silver to start catching up—finally.” Nenner thinks interest rates are still in a long-term trend up, but there can be pullbacks. Nenner also thinks the US dollar is going to be okay and will not fall much more—for now. By the way, Nenner says he is up 40% so far in 2025.

Read more …

“.. imagine China providing free doctors to the whole planet, free tutors to every child on the planet, and using, essentially, free goods and services to spread their political philosophy.”

• Why U.S. Must Win AI Race Against China – Khosla (ZH)

Venture capitalist Vinod Khosla has issued a grave warning, declaring that the United States is in a do-or-die AI race against China, with the specter of worldwide communist ideology looming if America falters. Khosla cautioned that failing to lead in AI could allow China’s authoritarian regime to impose its oppressive vision globally. “There’s another kind of risk I worry about even more” Khosla told X interviewer Mario Nawfal. “China can use AI in cyber warfare or physical warfare on the battlefield, but the one I worry about even more is the economic power that AI will give a nation that moves fast and wins the race.”

“Once you have economic power, I think it’s trivially easy by 2030 to imagine China providing free doctors to the whole planet, free tutors to every child on the planet, and using, essentially, free goods and services to spread their political philosophy.” Khosla, who co-founded Sun Microsystems and later became one of OpenAI’s earliest backers through his venture capital firm Khosla Ventures, went a step further by [calling] China’s possession of powerful AI a potentially deadly threat to the world. “The biggest risk is AI in Chinese hands—or any bad hands. The more powerful the entity, the bigger the risk,” the Indian-American technologist said. “If somebody used a nuclear weapon, it’s verifiable. AI, when used, may not be verifiable.”

President Donald Trump has made it a key priority for the U.S. to dominate AI. In January, Trump signed an Executive Order titled “Removing Barriers to American Leadership in Artificial Intelligence,” aimed at solidifying U.S. dominance in AI by revoking what his administration deemed restrictive policies from President Joe Biden’s 2023 AI Executive Order. Trump’s order rescinded Biden’s framework, which emphasized oversight, risk mitigation, and equity, including requirements for companies to share safety test results with the government and address AI’s potential for discrimination. Instead, Trump’s directive prioritizes deregulation, calling for AI systems free from “ideological bias or engineered social agendas” to boost innovation, economic competitiveness, and national security.

It mandates a 180-day AI Action Plan, led by key advisors like AI and Crypto Czar David Sacks, to streamline policies and eliminate bureaucratic hurdles. Trump has promoted a $500 billion joint venture between OpenAI, Oracle, and SoftBank, which he described as “the largest AI infrastructure project in history.” The initiative aims to construct a nationwide network of data centers across the United States. “China is a competitor and others are competitors. We want it to be in this country,” Trump said at the White House announcement, joined by OpenAI’s Sam Altman, SoftBank’s Masayoshi Son, and Oracle’s Larry Ellison. “We have to get this stuff built,” the president added. “They have to produce a lot of electricity and we’ll make it possible for them to get that production done very easily at their own plants.”

Read more …

Fully unprovoked.

• Ukraine Complicit in 2014 Massacre: European Court of Human Rights (Kuzmarov)

The European Court of Human Rights (ECHR) has ordered the Ukrainian government to compensate the victims of a May 2014 arson attack on the Trade Unions Building in Odessa. The attack was carried out by fascist thugs who were empowered in the U.S.-NATO-backed Maidan coup in Ukraine. Some 42 people were killed during the burning of the Trade Unions Building and 170 more were injured. The victims were mainly anti-Maidan activists who supported the legitimate Ukrainian government led by Viktor Yanukovych that was overthrown in a February 2014 coup. A lawsuit was filed with the ECHR in Strasbourg by relatives of 25 of the arson victims, along with three survivors of the massacre, who were awarded a total of 114,700 Euros in compensation. One would have a hard time finding anything about the ECHR ruling in the U.S. and Western media.

Even supposedly left-wing and alternative outlets like Democracy Now and The Intercept have ignored the story along with more mainstream outlets. The only reports I could find were written by Jason Melanovski in the World Socialist Website (WSWS) and Kit Klarenberg in The Grayzone. The ECHR’s findings were especially significant because of its heavy anti-Russia bias. The court found that Ukrainian government officials were aware of the violence that far-right storm-troopers were preparing, and that, in addition to doing nothing, purposely withheld fire and emergency services as the Trade Unions Building was burning. (1) Later, they actively engaged in a cover-up. The cruelty of the perpetrators was apparent as they were captured on video physically attacking people who had jumped out of the Trade Unions Building to escape the flames and were badly injured.

A pregnant woman in the building was strangled with an electric cord and left with a swastika drawn from her blood on the wall. (2) Right-wing thugs surround leftist who escaped the Odessa Trade Unions Building during the fire. Afterwards, the man was savagely beaten, but he survived. [Source: 2mayodessa.org] The video and photos showed Ukrainian riot police standing by, doing nothing to stop or prevent the savage violence being carried out by the right-sector Banderites. The inadequacy of the Ukrainian government investigation was apparent in the fact that on-site inspection of the burned out Trade Unions Building only began two weeks after the massacre. The Trade Unions House remained freely accessible for 17 days afterwards, giving malicious actors plenty of time to manipulate, remove or plant incriminating evidence.

Serious omissions were noted in the securing and processing of forensic evidence. Some essential evidence had never been examined, and some examination reports had only recently been issued or remained pending eight years after the events (3). According to the Russian newspaper Pravda, the Odessa massacre was set in motion when right-sector radicals who valorized Nazi collaborator Stepan Bandera attacked a tent camp in Kulikovo Pole in Odessa. These radicals were under the command of Andriy Parubiy, the pro-Nazi head of Kyiv’s national defense and security bureau at the time, who had been dispatched with 500 armed members of the Maidan Self-Defense militia to Odessa on the eve of the massacre (4). Odessa was one of the centers of resistance to the Maidan coup. Located near Transnistria, home to a Russian military base, it is the last major seaport of Ukraine, along with Nikolaev and Mariupol, and hosted Ukraine’s Black Sea Fleet.

The geopolitical website Katehon noted that the loss of Odessa would have cut off Ukraine from the sea, and that geostrategic considerations explain why Ukrainian neo-Nazis were given a carte blanche to intimidate the population of Odessa and carry out the Trade Unions Building massacre with impunity. The Katehon analyst wrote that “the agonizing death of more than 100 people, for which none of the perpetrators have been punished, was primarily a tool of intimidation. Following the massacre on May 2nd in Odessa, the pro-Russian movement was virtually destroyed.” (5) Prior to the massacre, Odessa residents had been collecting signatures for holding a referendum on the federalization of Ukraine and giving the Russian language state status after Ukraine tried to impose the Ukrainian language on the entire region.

[..] Intelligence specialist Gordon Duff wrote in The Intel Drop that the Odessa massacre was not an isolated event but a blueprint for a litany of atrocities that followed. These included:
• The firing by Ukrainian security forces on May 9, 2014, on peaceful protesters in Mariupol who were against the Maidan coup;
• The Ukrainian army’s shelling of homes, schools and hospitals in Sloviansk in June 2014 and carrying out summary executions and torture;
• The ambushing of a convoy of civilians trying to flee Luhansk in August 2014; and
• Ukraine’s firing of rockets at a city bus in Donetsk, resulting in the death of 13 civilians in January 2015.[8]

According to Duff, NATO personnel were on the ground during many of the above operations, advising and directing Ukrainian forces. Additionally, Duff wrote that:
• CIA cash from Afghan heroin trafficking was funneled into Ukraine and paid for weapons, training and Banderist paramilitaries.
• The staging for the Odessa and other massacres was done at the CIA rendition site in Poland, a massive 11,000-hectare facility where Ukrainian radicals were trained in torture, psychological operations and guerrilla warfare.
• Indoctrination of Banderist units took place in Gladiator Schools, financed through GOP campaign funds laundered via a major casino-owning family deeply involved in human trafficking through Macau.

Read more …

 

 

 

 

DMSO
https://twitter.com/VigilantFox/status/1914905633360318560

 

 

RFK
https://twitter.com/NicHulscher/status/1915054512252866990

 

 

2008
https://twitter.com/DiedSuddenly_/status/1914862355256693061

 

 

Fico
https://twitter.com/SaiKate108/status/1914951702404587544

 

 

Twins

 

 

 

 

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

 

 

 

 

 

Debt Rattle April 9 2025

Apr 092025
 
 April 9, 2025  Posted by at 10:02 am Finance Tagged with: , , , , , , , , , , , ,  54 Responses »


Salvador Dali Christ of Saint John of the Cross 1951

 

• Trump Assassination ‘Justified’ For Half of Left-Leaning Americans (RT)
• Trump Slaps ‘Proud’ China With 104% Tariffs (RT)
• White House Lacks Financial Literacy – ‘Tariffs’ Show (MoA)
• Don’t Like Trump’s Plan for the Economy? Let’s Hear Yours (Victor Davis Hanson)
• US Chamber of Commerce Considers Block on Trump’s New Import Tariffs (Sp.)
• EU Commission Eyeing 25% Tariffs on US Goods (Sp.)
• Von der Leyen Endorses Meloni As Main Tariff Negotiator (Sp.)
• The Tariff Issue (Paul Craig Roberts)
• President Trump Bestows Great Honor on Nation of Japan (CTH)
• Musk Wants Trump To Cancel Tariffs – WaPo (RT)
• Billionaires Slam Trump Tariffs (RT)
• Officials Quietly Drafting Plan To Cushion Trump Tariff Fallout – Bloomberg (RT)
• Apple Staged Emergency iPhone Airlift From India (RT)
• More Than 900k “Biden-App”Migrants Told to ‘Self-Deport’ (NYP)
• USAID Operations Rebooted in Several Crisis Zones (Sp.)
• Judge Boasberg Scraps Trump Hearing On Deportations After Scotus Ruling (JTN)
• Legal Experts Sound Alarm On Judge Blocking Trump’s Deportations (DC)

 

 

 

 

https://twitter.com/itscarterhughes/status/1909334208536846529

MAGA
https://twitter.com/gaborgurbacs/status/1909348105675211192

Bessent

GOAT
https://twitter.com/iam_smx/status/1909347460960653353

Rubio

Bondi

 

 

 

 

Won’t surprise too many people. And that’s not good at all.

• Trump Assassination ‘Justified’ For Half of Left-Leaning Americans (RT)

More than half of all left-leaning Americans believe there would be some justification for the assassination of US President Donald Trump, according to a new survey. The alarming finding was reported on Monday by the Network Contagion Research Institute (NCRI). The organization monitors radical ideologies and examines what it refers to as “assassination culture” in America. The nonprofit conducted an opinion poll to assess whether American citizens would condone lethal attacks on Trump and his government efficiency tsar, Elon Musk. Among the 1,264 individuals surveyed, 31% and 38% expressed at least some justification for murdering Musk and Trump, respectively. The figures increased to 48% and 55% among respondents identifying as center or left-leaning. In the latter group, 9.1% would deem the assassination of Musk to be “completely justified,” while 13.2% said the same about Trump.

A majority of 57.6% indicated that attacking Tesla dealerships to protest Musk’s involvement with the Trump administration was at least somewhat acceptable. Commenting on the poll’s findings and claims that Democratic leaders have “incited” the situation, Musk branded the political organization “the party of violence.” He previously characterized arson attacks on Tesla-affiliated businesses in the US and abroad as “terrorism.” Last weekend, thousands of Americans marched in various cities to protest Trump’s policies and his support for Musk’s approach to reducing government spending. Critics have labeled the activities of the Department of Government Efficiency (DOGE), led by Musk, as an “illegal power grab” orchestrated by the president.

Trump barely escaped death during a campaign rally in Butler, Pennsylvania last July, when a shooter opened fire at him, killing and injuring several supporters of the Republican candidate. The NCRI said its survey confirms broader “troubling trends” within US political culture, suggesting that the endorsement of violence is rooted in a particular far-left ideology. The institute also posits that this ideology fuels the online “memeification” of Luigi Mangione, the alleged murderer of UnitedHealthcare CEO Brian Thompson. Some Americans view Mangione, against whom the Trump administration is seeking the death penalty, as a folk hero, arguing that his actions could be seen as justifiable vigilantism against a predatory corporate healthcare system.

Read more …

Went into effect at midnight.

• Trump Slaps ‘Proud’ China With 104% Tariffs (RT)

The US has hiked tariffs on all Chinese imports to a staggering 104%, escalating the ongoing trade conflict and wiping out another $1.5 trillion from US stock markets on Tuesday. China was originally set to face a 34% tariff increase on Wednesday, as part of President Donald Trump’s “reciprocal” measures targeting virtually all US trade partners. However, after Beijing responded with a proportional 34% duty of its own, the US president raised the blanket tariff to a total of 104%. “After all of the abuses they’ve perpetrated, China is attempting to impose additional unjustified tariffs,” Trump said at a National Republican Congressional Committee dinner in Washington on Tuesday. That’s why additional tariffs on Chinese goods are in place, effective midnight tonight at 104 percent. Until they make a deal with us, that’s what it’s going to be.

The White House published an amendment to the April 2 executive order in which Trump declared a national emergency over the US trade deficit and imposed a baseline tariff on all imports to the US. The administration said that nearly 70 countries had sought negotiations to mitigate the impact of the tariffs, as Trump pursues “tailored deals” with individual nations. The president went on to say that Beijing will have to “make a deal at some point,” claiming that “they just don’t know how to get it sorted because they’re proud people.” Until then, he added, China “will now pay a big number to our Treasury.” “Right now, China is paying a 104 percent tariff, think of it… Now, it sounds ridiculous, but they charged us for many items 100 percent, 125 percent,” Trump said. “They’ve ripped us off left and right. But now it’s our turn to do the ripping.”

Beijing previously condemned the escalating trade war as a form of “blackmail” and “economic bullying.” A spokesperson for the Commerce Ministry said on Tuesday that “China will fight till the end if the US side is bent on going down the wrong path.” The latest escalation has had a significant impact on US and global stock markets. Major indices such as the S&P 500, Dow Jones, and Nasdaq suffered further declines after a brief surge earlier this week, wiping out an estimated $1.5 trillion from US markets on Tuesday. Trump acknowledged that the fallout from his move was “somewhat explosive,” but defended his strategy, claiming that “sometimes you have to mix it up a little bit.” He insisted that the tariffs are necessary to address trade “abuses” and to promote domestic manufacturing, adding that the US is already generating $2 billion a day from the tariffs.


Read more …

A good fried pointed to this Moon of Alabama piece from a few days ago. It gives the impression that the Trump team is being sloppy with the tariffs. The only thing is, they say their numbers come “including Currency Manipulation and Trade barriers”. And those are not very clearly defined. But the impression of sloppy is still not a good thing.

• White House Lacks Financial Literacy – ‘Tariffs’ Show (MoA)

‘The foundation of American economic prosperity is a society empowered with the knowledge and tools to make informed financial decisions to achieve the American Dream. … ‘ I welcome that message. Teaching financial literacy must start at the top. The members of the Trump administration obviously lack the knowledge and tools to make informed financial decisions. It is the only possible explanation for how they came up with these numbers:

China does not have a 67% tariff on U.S. goods (it’s 7.3%). The EU does not have a 39% tariff on U.S. goods (it’s 5.2%). The numbers are bollocks. So where do they come from? The official explanation from the U.S. Trade Representative is here. Its baloney:

“James Surowiecki @JamesSurowiecki – 0:22 UTC · Apr 3, 2025 “Just figured out where these fake tariff rates come from. They didn’t actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country’s exports to us. So we have a $17.9 billion trade deficit with Indonesia. Its exports to us are $28 billion. $17.9/$28 = 64%, which Trump claims is the tariff rate Indonesia charges us. What extraordinary nonsense this is.
…
Even given that it’s Trump, I cannot believe they said “We’ll just divide the trade deficit by imports and tell people that’s the tariff rate.” And then they decided to set our tariffs by just cutting that totally made-up rate in half! This is so dumb and deceptive. .. it’s actually worse than I thought: in calculating the tariff rate, Trump’s people only used the trade deficit in goods. So even though we run a trade surplus in services with the world, those exports don’t count as far as Trump is concerned.”

The last point is a major one, for China, but especially for the EU :

“EU-US trade in goods and services reached an impressive €1.6 trillion in 2023. This means that every day, €4.4 billion worth of goods and services cross the Atlantic between the EU and the US. … The total bilateral trade in goods reached €851 billion in 2023. The EU exported €503 billion of goods to the US market, while importing €347 billion; this resulted in a goods trade surplus of €157 billion for the EU. Total bilateral trade in services between the EU and the US was worth €746 billion in 2023. The EU exported €319 billion of services to the US, while importing €427 billion from the US; this resulted in a services trade deficit of €109 billion for the EU. …EU-US goods and services trade is balanced: the difference between EU exports to the US and US exports to the EU stood at €48 billion in 2023; the equivalent of just 3% of the total trade between the EU and the US.”

Despite that Trump has decreed a 20% on all goods from the EU. The natural countermeasure from the EU will be to put a 20+% tariff on all import of U.S. services. Trump also decreed a minimum 10% tariff on imports from every country. Products made by the penguins of the uninhabited Heard and McDonald Islands in the Antarctic will now come with a 10% surcharge.”

There is really no economic reasoning behind these numbers. “Arnaud Bertrand @RnaudBertrand – 4:16 AM · Apr 3, 2025 “To illustrate just how nonsensically these tariffs were calculated, take the example of Lesotho, one of the poorest countries in Africa with just $2.4 billion in annual GDP, which is being struck with a 50% tariff rate under the Trump plan, the highest rate among all countries on the list…. As a matter of fact Lesotho, as a member of the Southern African Customs Union (SACU), applies the common external tariff structure established by this regional trade bloc. … So since the tariffs charged by these 5 countries on U.S. products are exactly the same, they must all be struck with a 50% tariff rate by the U.S., right? Not at all: South Africa is getting 30%, Namibia 21%, Botswana 37% and Eswatini just 10%, the lowest rate possible among all countries.

Looking at Lesotho specifically, every year the U.S. imports approximately $236 million in goods from Lesotho (primarily diamonds, textiles and apparel) while exporting only about $7 million worth of goods to Lesotho (https://wits.worldbank.org/CountryProfile/en/Country/LSO/Year/2022/TradeFlow/EXPIMP/Partner/by-country). Why do they export so little? Again this is an extremely poor country where 56.2% of the population lives with less than $3.65 a day (https://databankfiles.worldbank.org/public/…), i.e. $1,300 a year. They simply can’t afford U.S. products, no-one is going to buy an iPhone or a Tesla on that sort of income… The way the tariffs are ACTUALLY calculated appears to be based on a simplistic and economically senseless formula: you take the trade deficit the U.S. has with a country, divide it by that country’s exports to the U.S and declare this – falsely – “the tariff they charge on the U.S.”

And then as Trump did in his speech last night, you magnanimously declare that you’ll only “reciprocate” by charging half that “tariff” on them. As such, for Lesotho, the calculation goes like this: ($236M – $7M)/$235M = 97%. That’s the “tariff” Lesotho is deemed to charge this U.S. and half of that, i.e. roughly 50% is what the U.S. “reciprocates” with. It’s extremely easy to see why this makes no sense at all. ”

Lesotho has a comparative advantage over the U.S. as it can dig up and sell diamonds. But it lacks the purchasing power to buy U.S. goods and services. The calculations by the Trump administration ignore those basic facts. No tariffs were by the way introduced against Belarus, Russia and North Korea. This because of sanction, the U.S. has allegedly no trade relation with them. (Other than buying enriched Uranium for its nuclear power stations?) Did the Trump administration anticipate how this nonsense will explode in its face? It is Smoot-Hawley writ large.

Read more …

“If you don’t believe that what Donald Trump is trying to do on debt, budget, workforce, trade, then come up with a better agenda. And show why it will work and why his will fail..”

• Don’t Like Trump’s Plan for the Economy? Let’s Hear Yours (Victor Davis Hanson)

Hello, this is Victor Davis Hanson for The Daily Signal. I’d like to talk about the economy and politics very quickly. Whether you like it or I like it or whether the administration likes it or whether the Congress or the American people like it, the success or failure of President Donald Trump will hinge on the status of the economy. It will overshadow the miraculous achievement on the border, where he went from a rate of about 2 million people a year to almost zero illegal immigration. It will even outrank the question of peace and stability in Ukraine or the Middle East. It’ll outrank everything. So, here’s my question. There is now outrage, hysteria over the last 24 hours to 48 hours that Donald Trump has outlined his tariff program to bring down the nearly $1 trillion trade deficit, and the stock market has taken hits.

So, here’s my question, though, when Sen. Cory Booker stands up for 25 hours, does he give an alternate agenda on the economy? Does Rep. Nancy Pelosi talk about the economy? She used to. Does The Wall Street Journal, when they criticize Donald Trump, why don’t they get a columnist and say, “These are the 10 points that are preferable in addressing our economic challenges”? Now, what are our economic challenges? Well, the first is debt. We owe $37 trillion. We’re paying $3 billion a day in interest. We’re running a $1.7 trillion deficit. So, if you were on the left and you were part of the machine that borrowed $7 trillion under President Joe Biden, created these huge new programs, why don’t you make an argument? Just say, “I believe in modern monetary theory. I believe, if we can just get down to 1% or 2% interest, you can service any debt because the bondholders, they’re wealthy anyway. So, that’s what we’ve been doing. And I don’t—I believe money’s a construct. It’s just an idea. So, there is no such thing as, you know, red or blue ink—any of that. So, just keep spending. There’s no problem—$37, $40 trillion.” Say that.

Or, if you’re on the right, say, “I prefer to look at the debt in a different way. If you’re going to cut, why select particular fraud, waste, and abuse areas? Why not just go across the board and treat everybody the same with a 4% or 5% or 10% cut?” Or, if you don’t believe in cutting government to reduce the debt, then say, “Let’s just go completely laissez-faire and let’s grow the economy so it’s growing at 4% or 5% gross domestic product. And it will solve the problem.” Or, if you’re in the middle and you’re an independent, why don’t you just say, “We had three balanced budgets. We were reducing the debt because former House Speaker Newt Gingrich controlled taxes and former President Bill Clinton controlled spending. And he was able to find an incentive plan to increase revenue and Bill Clinton decreased spending. OK? Why not we go back and follow their model?”

But the problem is none of these areas—right, center, and left—nobody in these disciplines is offering any alternative agenda. It’s just attack Trump, Trump, Trump, Trump. Let’s go to trades. So, we have, again, about a trillion-dollar trade deficit. We haven’t had balanced trade for 50 years. Our opponents, challengers, allies, whatever you want to call them, feel that protected tariffs in China, in India, in Europe, in South Korea, in Japan have been very conducive to their economic miracle—postwar miracles. And they feel that there must be some wisdom in them because they continue to perpetuate them. They have not run deficits for a half-century. They’re not, in terms of GDP, debt, quite like we are. So, maybe you can argue that tariffs are just an American problem. An obsession. And they don’t really matter. Or you can say that we should have reciprocal tariffs based on each one. But tell us what you want to do.

Why don’t you just say that if you—and I have read this from scholars as diverse as the American Enterprise Institute, the Cato Institute. This is just a construct, trade deficits, they don’t matter. Because the people, if they run up a surplus, they buy our bonds or they invest, and it’s a circular process—just say that. Or, if you believe that trade deficits matter, then you say, “Well, the answer is not through tariffs. It’s through greater productivity. And here’s how I want to do it.” But again, there’s nothing. And then we get, finally, into foreign investment. Donald Trump is bragging, I think justifiably so, that he may have $3 to $5 trillion in foreign investment. Nobody says a word about it. Nobody says this many trillion dollars will result in this many new jobs created. No, they just kind of ignore it. So, give us a reason why. Just say, “You know, the new massive amounts of foreign aid will have no effect on either our trade deficit or our budget deficit. It’s just a construct that Trump says.”

Or say that it will but it won’t nullify the pernicious effects of tariffs. But what I’m getting at, in conclusion, is what if Cory Booker had said, “I’m going to speak for 25 hours on why Donald Trump’s trade, debt, and federal workforce investment are all wrong. And here’s da, da, da, da”? Or what if House Minority Leader Hakeem Jeffries said, “Here is our contract for America on the economy. The economy”? No one is giving any alternatives. No one is talking in any way that they have an antithetical and a better plan than Donald Trump. So, what we’re left with is just naysaying, nihilism, criticism. And the American people are confused. If you don’t believe that what Donald Trump is trying to do on debt, budget, workforce, trade, then come up with a better agenda. And show why it will work and why his will fail. But don’t just scream and yell and cause all hysteria and go to street theater because that’s no answer. It only amplifies the problem.

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Guess they can try.. But so could anyone.

• US Chamber of Commerce Considers Block on Trump’s New Import Tariffs (Sp.)

The US Chamber of Commerce, the country’s most powerful corporate lobby, is considering filing a lawsuit against the administration of US President Donald Trump to block the entry of new import tariffs into force, the Fortune magazine reported, citing sources familiar with the discussions of the lawsuit. The Chamber of Commerce may claim that Trump’s use of emergency powers to impose tariffs was illegal. According to the publication, some of the organization’s largest members are calling for the lawsuit. Sources also say that other organizations might join the lawsuit. The head of the US Department of Government Efficiency (DOGE) Elon Musk personally asked US President Donald Trump to reconsider new US tariffs on imports from a number of countries, the Washington Post reported, citing two sources.

According to the publication, over the weekend, when Elon Musk unleashed a stream of messages on social media criticizing one of the White House’s top advisers, trade aide Peter Navarro, for Trump’s aggressive tariff plan, he personally approached the president. The attempt, however, has not yet been successful: Trump on Monday threatened to add new 50% tariffs on imports from China on top of those already announced if Beijing did not abandon its retaliatory measures, the newspaper said. On Sunday, Musk announced his support for the creation of a free trade area with the EU, despite President Trump’s previously imposed trade tariffs against the union. The US President signed an executive order on April 2 introducing “reciprocal” tariffs on imports from other countries, calling it a “liberation.” The basic minimum rate will be 10%, and 20% for goods from the European Union. The US President promised budget revenue from tariffs of $6-$7 trillion.

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They have no idea what to do, zero consensus.. And all 27 of them will have to agree.

• EU Commission Eyeing 25% Tariffs on US Goods (Sp.)

The European Commission is proposing to impose reciprocal tariffs of up to 25% on a number of goods from the United States, in particular on clothing, yachts, fruit juices, nuts and diamonds, the RMF FM radio reported. Bourbon was excluded from the preliminary list after protests from France and Italy, which feared that the United States would impose 200% duties on wine, prosecco and champagne, the report said on Monday. EU countries are expected to vote on this proposal on Wednesday, the report added. However, the commission is still counting on negotiations with Washington, and it has proposed reciprocal zero tariffs on industrial products, including cars, the report read.

At the same time, French Minister Delegate for Europe Benjamin Haddad said that Paris is in favor of a tough response to the US tariffs and will support the European Commission’s decision to impose 25% tariffs on some US imports. On April 2, US President Donald Trump announced reciprocal tariffs on imports from other countries. For the UK the baseline rate of 10% was set. However for each country the tariff will be calibrated and will be half of what they charge companies importing US goods. Trump said this will be a “declaration of economic independence” for the United States. The EU is subject to 20% tariffs.

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Ursula von der Leyen is afraid of the White House.

• Von der Leyen Endorses Meloni As Main Tariff Negotiator (Sp.)

As the White House prepares to receive the Italian PM on April 17, Ursula von der Leyen believes Giorgia Meloni is the only EU leader who can facilitate dialogue with Trump, the WP reports, citing Italian officials. European Commission President Ursula von der Leyen supports the upcoming visit of Italian Prime Minister Giorgia Meloni to Washington and believes that she is the one who is capable of facilitating dialogue between the European Union and US President Donald Trump, The Washington Post newspaper reported, citing an Italian official. On Tuesday, White House press secretary Karoline Leavitt said that Trump would receive Meloni in Washington on April 17.

“Von der Leyen is telling [Meloni] that if there’s one leader more in contact with the US, who’s capable of facilitating the conversation between the EU – not just Italy – and Trump, that’s her,” the official was quoted as saying by the newspaper on Tuesday. Von der Leyen was in favor of Meloni’s trip to Washington, the report added.

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“..returning to tariffs as the source of government revenues and abandoning the income tax. This is consistent with correct economics and with freedom. Such a change would be possibly the most important reform in American history.”

• The Tariff Issue (Paul Craig Roberts)

The tariff controversy is being colored in the most scary ways possible, because the Democrats, media, and ruling establishment want rid of Trump. It is also important to understand that tariffs are not the only way to limit imports. There are other means, such as quotas. Quotas on imports into the US of Japanese cars were part of the US auto producers bailout negotiated in the final year of the Carter administration. I will attempt to put the issue in a correct perspective. It is not Trump’s intention, at least at the present time, to institutionalize a tariff regime. Trump is using tariffs as a threat to secure agreements that he thinks are in America’s interests. So far 50 countries have, according to reports, agreed to remove their tariffs on US goods. The countries responding aggressively seem to be China and our European allies.

I explained yesterday how Trump could better have gone about his task. Nevertheless, as the Commerce Secretary said, Trump’s tariffs are not expected to extend beyond a few weeks or a few months of negotiation. During this time there could be supply disruptions. Apparently, Trump is aware and has released an 11-page appendix that exempts all sorts of imported items that US producers require to continue their operations. Whatever disruption does occur, should be small compared to the Covid lockdown supply disruption, the basic cause of the current inflation. The Covid disruption was pointless and counterproductive. The tariff disruption, if there is one, is the cost of establishing a fair and uniform trading system. So, Trump is not being arbitrary or on a rampage to destroy international trade. Tariff negotiations, especially with so many countries and products can go on for years.

Trump might think that he only has two years to get anything done before the Democrats steal the midterm elections and bring his renewal of America to a halt. President Trump has spoken of tariffs in a wider and much more important context. Over most of American history until the First World War, tariff revenues were the source of government revenues. An income tax was unconstitutional and a violation of freedom. The definition of a free person is a person who owns his own labor. A slave does not own his own labor, and a serf only owns part of his labor. A person required to pay an income tax does not own that part of his labor that he must provide to government in order to avoid imprisonment. The difference between a medieval serf and an American taxpayer is the serf paid the tax in kind as hours worked, and the American pays the tax in money as a percentage of his income.

Classical economists, real economists unlike the faux ones of today, understood that factors of production–labor and capital–should not be taxed, because the supply of both to the economy is reduced by taxation. Supply-side economics is based on this principle. Thus, its emphasis on lowering the marginal rates of taxation. Reducing the supply of factors of production, reduces the economic growth rate and the national income. The century that the US economy has labored under income tax has costs us substantially in lost income. The classical economists said that taxation should fall on consumption not on factors of production. Traditionally, imported items are finished goods–German cars, French wines and perfumes. High priced goods are for the wealthy, so tariffs fall on the rich. The working class does not indulge in Porsche cars and Clicquot champagne. However, for about 30 years much of our imports have consisted of the offshored production of US firms.

When Apple, for example, brings its products made in China to the US to be marketed, they come in as imports and worsen the US trade deficit. Instead of beating up on China, Trump should call the US corporations that offshore their production for US markets to a White House conference and point out to them the consequences of their policy: the shrinkage of the American middle class, the loss of tax base, decaying infrastructure, and loss population of America’s former manufacturing cities, the pressure on city and state pension systems, the pressure of lower ratings on municipal bonds. Trump should ask the executives if they went too far in maximizing profits that benefitted a relatively few at the expense of the many, and what they think they should do about it. Capitalism ceases to serve the general interest when it separates Americans from the incomes associated with the production of the goods and services that they consume.

Trump has spoken of returning to tariffs as the source of government revenues and abandoning the income tax. This is consistent with correct economics and with freedom. Such a change would be possibly the most important reform in American history. It would be a difficult reform to achieve, because ideological, not economic, considerations intervene. Taxing the rich became the agenda of mass democracy. Taxing the rich was not seen as punishing a person for being successful. A successful person was portrayed as having become rich by exploiting labor. As fortunes were “stolen” by exploiting labor or resulted from government preference or legal privilege, income taxation was perceived as an instrument of justice. It is certainly perceived that way today by the liberal/left and the Democrat Party.

As an income tax is emotionally satisfying to the liberal/left, we are stuck with slower economic growth and less national income. It is disturbing that the liberal/left agenda has made American politics so highly partisan. What we see today is literal hatred of Trump, Republicans, conservatives, and white heterosexuals by the liberal/left. Hatred makes democracy dysfunctional. Politics cannot function as each side is intent on destroying any achievement by the other side. As democracy ceases to function, dictatorship becomes the means of governance. The liberal/left’s agenda to remake America by destroying its roots and recasting it into a different kind of society means the death of democracy and the rise of dictatorship. This is our real problem.

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“Prime Minister Abe knew what President Trump was trying to achieve. In turn, President Trump knew Abe would remain a fierce Japan-first trade competitor to the America-first program..”

• President Trump Bestows Great Honor on Nation of Japan (CTH)

The decades long relationship between former Japanese Prime Minister Shinzo Abe and President Donald Trump permeates through a recent announcement that Japan will be the first nation to enter the new era of trade negotiations with the United States. Shinzo Abe was assassinated in July 2022, as he traveled throughout Japan gaining support for increased national military development. As businessmen and later politicians Donald Trump and Shinzo Abe (RIP) had a decades long friendship grounded in mutual respect and competition. To understand the dynamic of President Trump giving the nation of Japan the position as the first nation to enter new trade negotiations, a high honor, is to understand the business relationship between the U.S and Japan in the post-World War II (40 yr) period between 1950 and 1990. The formative years for both Japanese industry and President Trump’s business empire.

For Europe the U.S. gave them money through the Marshall Plan, a process of one-way tariffs which helped them rebuild their nations. For Japan we gave them W Edwards Demming, an industrial engineer and extraordinarily brilliant mind in the processes of efficiency and industrial production. In essence, to generate the reindustrialization of both economies, we gave the EU a fish (money), but we taught Japan how to fish; how to be create and build exceptional industry. In the decades that followed, the EU rebuilt their capitalistic industrial base from the trade and tariff money we permitted them to exploit. The EU rebuilt from their historic systems, upgrading to newer industrial technology. Japan, however, learned deeper more technical skills from the Demming process of industrial capacity building, a critically strong excellence in quality manufacturing and attention to specific details in all processes.

It did not take long before the results of quality in design and Japanese manufacturing surfaced in the sector of automobiles, and later consumer electronics. The U.S. auto industry was slow to adapt to the Japanese quality focus and began losing market share to Toyota, Datsun, Nissan and Honda. Throughout this period, President Trump and Shinzo Abe were on opposite sides of the industrial competition. Trump railing about Japan, and later aggregate Asia exploiting our generosity; Abe smiling and joking with his friend that despite Trump’s grievances, tomorrow Eric will be purchasing 1,500 Sony televisions for his next Hotel. And so it went…. The friendship grew, the competition was intense but incredibly respectful, and both Shinzo Abe and Donald Trump became men of great influence whose partnership in competition was always visible.

Prime Minister Abe knew what President Trump was trying to achieve. In turn, President Trump knew Abe would remain a fierce Japan-first trade competitor to the America-first program. Tremendous respect and mutual admiration underpinned their geopolitical efforts. No single picture better exemplified the nature of Trump and Abe as the G7 summit picture taken in Canada as the ripple effects of Trump’s first-term trade and tariff program against China (mostly) started to hit the global economy. As China started to feel the pressure from President Trump forming new ASEAN partnerships, China started pulling back from ordering heavy industrial goods from Europe. The EU, specifically the German economy, felt the lessening of Chinese manufacturing via diminished orders. However, a respectful Japan positioned their trade agreements for benefit, but also for benefit of American workers.

Prime Minister Shinzo Abe knew there was nothing to fear from President Trump’s global trade reset. Unless, that is, you were a nation taking unfair advantage of the generosity provided by America. It makes total sense in the big picture for President Trump to honor the legacy of Shinzo Abe, and the respectful connections to Japan by granting them the first position in the schedule of the global trade reset. Total sense.

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Musk’s private war with Navarro doesn’t define his relationship with Trump.

• Musk Wants Trump To Cancel Tariffs – WaPo (RT)

Elon Musk has made direct appeals to US President Donald Trump, urging him to reconsider his decision to impose steep tariffs on American trade partners, the Washington Post reported on Tuesday. According to the outlet, many business and tech leaders who supported Trump’s candidacy have also criticized the move, calling it overly aggressive. Trump unveiled sweeping new tariffs on global imports last week, including a 34% duty on Chinese goods. In response, Beijing pledged to retaliate with a matching 34% tariff on American exports – prompting Trump to threaten an additional new 50% tariff. Over the weekend, Tesla and SpaceX CEO Musk – who serves as Trump’s government efficiency czar – fired off a series of social media posts criticizing White House trade adviser Peter Navarro, a central architect of the president’s aggressive tariff strategy.

“A PhD in Econ from Harvard is a bad thing, not a good thing,” Musk wrote. Musk also reportedly reached out to Trump personally. The attempted intervention has so far failed to yield results, two people familiar with the matter told the Washington Post. As the head of Tesla, Musk has long viewed tariffs as harmful to the company’s goals, given that both the US and China serve as major manufacturing bases and key markets. Many business leaders who supported Trump’s candidacy were also frustrated by their inability to influence the policy and suggested that a basic 10% rate combined with negotiations with other countries would have been sufficient, according to the Post.

People close to Musk reportedly made direct appeals to allies within the Trump administration, including Vice President J.D. Vance and Musk himself, advocating for what they saw as more rational, pro-free-trade policies. One of Musk’s associates, investor Joe Lonsdale, posted on X that he had recently urged “friends in the administration” to reconsider, warning that tariffs would harm American companies more than Chinese ones. Over the weekend, a group of business leaders began organizing an informal coalition to lobby members of the Trump administration for more moderate trade policies, one person familiar with the effort told the Post. Trump has defended his actions, stating that “sometimes you have to take medicine to fix something,” and promised that jobs and investment would return to the United States, making it “wealthy like never before.”

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They’re the big losers.

• Billionaires Slam Trump Tariffs (RT)

A host of American financiers and billionaire investors have criticized President Donald Trump over the sweeping tariffs he announced last week, calling the measures “poorly advised” and warning of serious consequences for the US economy. On April 2, Trump imposed a minimum 10% tariff on all imports and introduced “reciprocal” duties ranging from 11% to 50% on dozens of countries he accused of maintaining unfair trade imbalances. China responded with a reciprocal tariff of 34% on US imports, while a number of other nations signaled willingness to negotiate with Washington but threatened countermeasures if talks fail. Global markets have reacted sharply, with major indexes in the US, Europe, and Asia falling for three straight days.

JPMorgan Chase CEO Jamie Dimon slammed the tariffs in his annual letter to shareholders, warning they “will probably increase inflation” and the risk of recession, with the negative effects difficult to reverse. Ken Langone, billionaire co-founder of retailer Home Depot, criticized the tariffs as too high and rushed. In an interview with the Financial Times published on Monday, he described the additional 34% tariff on China – on top of the existing 20% – as “too aggressive, too soon,” and called the 46% levy on Vietnam “bullshit.” “I don’t understand the goddamn formula,” Langone said, urging a more measured approach, such as a 10% across-the-board tariff with waivers negotiated on a case-by-case basis. He added that he expects Trump to eventually pursue talks with trade partners because “right now, what everybody’s terrified of is a tariff war.”

Hedge fund investor Stanley Druckenmiller, a close mentor to Treasury Secretary Scott Bessent, posted a brief statement on X on Sunday: “I do not support tariffs exceeding 10%.” Billionaire investor Bill Ackman called the tariffs an “economic nuclear war” in a post on X. He called for a 10% flat tariff for “the privilege” of access to the US market but suggested pausing the reciprocal duties for 90 days to allow private negotiations. He lambasted Trump for relying on advisers for economic calculations, which he labeled incompetent. “The global economy is being taken down because of bad math,” he wrote.

Even tech mogul Elon Musk, Trump’s government efficiency czar, joined the criticism. He posted a series of comments on social media targeting White House trade adviser Peter Navarro, a key architect of the tariff plan, saying he “ain’t built sh*t” with the policy. Musk’s brother, Tesla board member Kimbal Musk, also condemned the tariffs, calling them a “structural, permanent tax on the American consumer.” Treasury Secretary Bessent said on Monday that Washington is open to “meaningful negotiations” in the coming weeks with trade partners, but only those who have responded “positively” to Trump’s tariffs. He criticized China for its response levies, accusing Beijing of “choosing to isolate itself by retaliating and doubling down on previous negative behavior.” China, in turn, described the new US tariffs as “economic bullying” and warned they could destabilize the entire global trade system.

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“..any tax proposals or initiatives Bessent may pursue would be aligned with “his full support for President Trump’s America First Economic Agenda.”

• Officials Quietly Drafting Plan To Cushion Trump Tariff Fallout – Bloomberg (RT)

US officials are exploring ways to mitigate the potentially harmful effects of the sweeping tariffs announced by President Donald Trump, Bloomberg reported on Tuesday, citing sources in Washington. The talks are reportedly being held without Trump’s knowledge and reflect internal unease over his shift in trade policy. Last week, Trump imposed a minimum 10% tariff on all imports and introduced “reciprocal” duties ranging from 11% to 50% on dozens of countries he accused of maintaining unfair trade imbalances. The new measures included an additional 34% duty on imports from China, on top of an existing 20% rate implemented earlier, and a 20% levy on goods from the EU, among others.

On Monday, Trump threatened to slap a further 50% tariff on all Chinese imports unless Beijing reverses the 34% hike it announced in response to the new US levies. A number of other countries have slammed Trump’s tariffs over the past few days and vowed to implement countermeasures. According to Bloomberg, Trump administration officials fear that retaliatory tariffs will damage US exports, hurting American firms trying to sell goods abroad. Sources said discussions are underway about a potential exporter tax credit, which would serve as a subsidy for US firms selling products and services overseas. The credit, which would require congressional approval, could be issued at the end of the year.

Officials are also reportedly weighing a credit for importers to shield US companies from rising costs when sourcing goods from countries affected by Trump’s tariffs. These measures would aim to soften the economic blow to both exporters and importers once the tariffs take full effect. Sources told Bloomberg that neither Trump nor Treasury Secretary Scott Bessent has been formally briefed on the deliberations, and the proposals have yet to receive full backing from the administration’s economic team. A Treasury spokesperson confirmed the discussions but stressed that any talk of “specific provisions” are “still early.” The spokesperson added that any tax proposals or initiatives Bessent may pursue would be aligned with “his full support for President Trump’s America First Economic Agenda.” The White House declined to comment on the report.

Trump’s tariffs and the threat of retaliation have raised fears of a global trade war. Several investment banks have raised their recession risk forecasts for both the US and global economies over the past week. Stock markets have been rattled, with major indexes in the US, Europe, and Asia all trading lower the past three days. Despite the criticism, Trump has defended the tariffs as essential to correcting trade imbalances. On Monday, he claimed on social media that the measures were working and delivering significant economic benefits to the US.

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$3,000 for an iPhone? Make a deal with India.

• Apple Staged Emergency iPhone Airlift From India (RT)

Apple transported five planeloads of iPhones and other devices from India to the US within a three-day period in late March, according to a report by the Times of India, quoting unnamed senior officials. The move was reportedly made to evade a new 10% reciprocal tariff introduced by US President Donald Trump, which came into effect on April 5. The company’s factories in India, China, and other key locations have shipped their products to the US in anticipation of higher tariffs, a source was quoted as saying in the report. The existing stock, which was imported at lower rates, will protect the company from higher costs for a while, until new shipments are made under the new tariffs, a source told the paper.

Although production has been partly shifted to Vietnam and India, the majority of iPhones are still manufactured in China. However, these countries are now facing tariffs as well, with Vietnam and India being hit with tariffs of 46% and 26%, respectively. Chinese products currently face a 34% import tax in the US. Apple is analyzing how different tariff structures across manufacturing locations will affect its supply chain, according to market watchers. Apple sells more than 220 million iPhones a year; its biggest markets include the US, China, and Europe, according to market data.

The cheapest iPhone 16 model was launched in the US at $799. This could now rise by 43% to $1,142. if Apple passes on the burden to consumers, Reuters said, citing calculations based on projections from analysts at Rosenblatt Securities. Apple currently does not plan to increase retail prices anywhere in the world, the Times of India added. Earlier today, a Wall Street Journal report said Apple is ramping up efforts to export more iPhones from India to the US in an attempt to mitigate the effects of the high tariffs on Chinese products imposed by Trump.

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The welcoming app to facilitate the entry of illegals.

• More Than 900k “Biden-App”Migrants Told to ‘Self-Deport’ (NYP)

The Department of Homeland Security is urging nearly 1 million asylum seekers who entered the US through the CBP One app to “immediately” begin to “self-deport.” “Canceling these paroles is a promise kept to the American people to secure our borders and protect national security,” a DHS spokesperson said, following anecdotal reports from migrants that they had been told to return to their countries of origin. The CBP One smartphone app launched in January 2023 and through December 2024 was used to admit more than 936,500 people claiming persecution in their homelands, according to DHS data. Users were granted permission to live and work for two years in the US as they awaited the outcome of often backlogged local immigration proceedings. “Formal termination notices have been issued, and affected aliens are urged to voluntarily self-deport using the CBP Home App. Those who refuse will be found, removed, and permanently barred from reentry,” the DHS spokesperson said.

President Joe Biden’s administration launched the app to tamp down record-high illegal border crossings, but congressional Republicans accused Biden of illegally exceeding the traditional “parole” authority, which they said could not be granted categorically. The Trump DHS spokesperson said: “The Biden Administration abused the parole authority to allow millions of illegal aliens into the US which further fueled the worst border crisis in US history.” Precise data about the number of people impacted by the move are unclear for a variety of reasons — including the fact that some may have already been granted asylum, while others may be shielded by additional legal protections. The CBP One app was launched with a goal of facilitating the orderly movement of would-be illegal border crossers into the US from northern Mexico. Although geared to nationalities such as Haitians and Venezuelans flocking to the southwest border, Mexicans and citizens of other countries could participate.

Migrants who entered the US as part of programs for Afghan and Ukrainian citizens are not impacted by the latest announcement, according to DHS. DHS Secretary Kristi Noem also is revoking parole for 532,000 Cubans, Haitians, Nicaraguans and Venezuelans who flew to the US at their own expense with a financial sponsor — effective April 24. Additionally, the Trump administration is moving to end Temporary Protected Status (TPS) for 600,000 Venezuelans and about 500,000 Haitians — though that effort is paused by litigation. TPS grants 18-month reprieves for residents of designated countries and can apply to all residents of a particular nationality living within the US at the time of the protection’s declaration.

Illegal US-Mexico border crossings have plummeted since Trump took office in January with pledges to launch the largest mass deportation campaign in American history. That drive initially has focused on migrants accused of committing crimes — with Trump coercing their home countries to accept deportation flights, while sending some to Guantanamo Bay, Cuba, and others to a mega-prison in El Salvador.

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If you can keep out the politics, their infrastructure may be useful…

• USAID Operations Rebooted in Several Crisis Zones (Sp.)

US President Donald Trump and the Department of Government Efficiency (DOGE) chief Elon Musk have repeatedly accused USAID of fraud, while Secretary of State Marco Rubio said the agency had long “strayed from its original mission.” At least 6 previously terminated USAID programs are being revived for emergency food assistance funding in Lebanon, Syria, Somalia, Jordan, Iraq, and Ecuador, Reuters reported. The move reportedly followed pressure from inside the administration and from Congress. US president Donald had previously frozen foreign aid and dismissed hundreds of USAID employees as part of DOGE-led efforts to slash federal programs and departments with little oversight, with Elon Musk calling labelling the agency a “criminal organization.” By bankrolling so-called civil society groups, USAID has long functioned as a covert enabler of American influence, sowing unrest and paving the way for regime change while packaging it all as “promoting democracy.”

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Turns out, he’s not (more powerful than) the president after all…

• Judge Boasberg Scraps Trump Hearing On Deportations After Scotus Ruling (JTN)

U.S. District Judge James Boasberg on Tuesday canceled a deportation hearing for the Trump administration after the Supreme Court ruled the U.S. could continue to carry out deportations under the 1798 Alien Enemies Act. The hearing was to determine whether Boasberg would change the temporary restraining order he issued last month to block those deportations into a longer preliminary injunction, according to ABC News. On Monday, the Supreme Court ruled 5-4 that the Trump administration could use the 1798 Alien Enemies Act to deport suspected gang members of Tren de Aragua. The ruling overturns Boasberg’s March 15 order that temporarily blocked deportations under the wartime act, by granting the Trump administration’s request to vacate temporary restraining orders Boasberg placed on the order.

Miller

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“..his job isn’t to create policy—that duty belongs to the Executive Branch and Congress,” he said. “Instead, Judge Boasberg was charged with applying the relevant law to the facts of the case..”

• Legal Experts Sound Alarm On Judge Blocking Trump’s Deportations (DC)

As U.S. District Court Judge James Boasberg continues to be a thorn in the side of the Trump administration’s effort to deport gangbangers, legal experts have begun to raise questions about his handling of the case. The Barack Obama-appointed judge in March blocked President Donald Trump from using wartime authorities to send suspected Tren de Aragua gangbangers to a mega-prison in El Salvador, prompting incredible pushback from the president himself. As the challenge to the deportations play out in court, some legal experts have argued Boasberg should recuse himself from the case entirely, while others say he appears to be “making policy from the bench.” Critics have pointed to the fact that Boasberg’s daughter, Katharine Boasberg, works for an organization whose founder openly celebrated her father’s decision to halt the deportations.

“Under Canon 3 (C) (1) of the ‘Code of Conduct for United States Judges’ it states that judges must disqualify themselves from a case ‘in which the judge’s impartiality might reasonably be questioned,’” Hans von Spakovsky, a senior legal fellow at the Heritage Foundation, said to the Daily Caller News Foundation. “Given that his daughter works directly for an organization that supports illegal aliens, opposes deportation of aliens, and has voiced its support for Boasberg’s action in this very case, the impartiality of his judgment is obviously open to be reasonably questioned.” “He should have recused himself given his immediate family’s involvement in advocacy for illegal immigration,” Spakovsky continued.

The debate began on March 15, when Trump officially invoked the Alien Enemies Act of 1798, a seldom-used wartime authority, to expeditiously arrest and deport Tren de Aragua gang members. Boasberg quickly issued a temporary block on the flights and ordered any deportation flights in the air to turn around. However, three planes carrying 238 suspected and confirmed Tren de Aragua gangbangers and 23 MS-13 gang members managed to land at the El Salvador International airport. The Trump administration immediately ripped Boasberg for the decision. “Tonight, a DC trial judge supported Tren de Aragua terrorists over the safety of Americans,” Attorney General Pam Bondi stated after Boasberg’s order. “This order disregards well-established authority regarding President Trump’s power, and it puts the public and law enforcement at risk.”

In a court filing the following Monday, the Justice Department appealed the order and called for Boasberg to be reassigned. The administration further ripped the judge for “highly unusual and improper procedures” and accused the court of a “hasty public inquiry” into sensitive national security matters involving a criminal syndicate. “If a President doesn’t have the right to throw murderers, and other criminals, out of our Country because a Radical Left Lunatic Judge wants to assume the role of President, then our Country is in very big trouble, and destined to fail!” Trump posted on Truth Social. Questions over possible conflicts of interest arose after Boasberg’s family connections to a liberal organization surfaced. His daughter, Katharine, works for Partners in Justice, a nonprofit group based in New York City that provides client advocates to public defenders.

The group removed her biography from its website after Boasberg was assigned to the Alien Enemies Act case, according to the New York Post, but an archive of the page was saved. Before landing at Partners for Justice, Katharine worked at the Center for Justice Innovation, a left-wing organization that advocates for “racial justice” in the court system. Emily Galvin-Almanza, the founder and executive director of Partners in Justice, said Boasberg’s decision to block the wartime deportations was done “rightly” and she previously took to social media to rip the Laken Riley Act, a law mandating federal immigration authorities detain illegal migrants who commit theft-related crimes. The Code of Conduct for U.S. Judges makes clear that judges must recuse themselves from a case “in which the judge’s impartiality might reasonably be questioned,” including instances when a child of a judge is “known by the judge to have an interest that could be substantially affected by the outcome of the proceeding.”

However, there is debate over whether Boasberg fits this description. “Generally the employment of an adult child of a judge does not mandate recusal, even if the adult child is employed by a law firm representing a party in the case,” Richard Painter, a law professor for the University of Minnesota, said to the Daily Caller News Foundation. “However, if the adult child is at all involved in the representation of a party, recusal of the judge is generally required.” “Although nonprofits that don’t provide legal representation do not represent parties, I would apply the same rule,” Painter continued. “The involvement of an adult child’s employee in a matter is not sufficient grounds for recusal, but the involvement of the adult child herself is.”

Appointed to the bench by President Barack Obama in 2011, Boasberg has since presided over a number of high-profile court cases over the years, including those involving the Trump administration. In addition to the Alien Enemies Act case, the 62-year-old judge is also ruling over a lawsuit challenging top government officials’ use of Signal to discuss sensitive military operations in Yemen. Boasberg ripped the administration for allowing the deportation flights on March 15 to continue on to their destination in El Salvador, ostensibly in defiance of his order, and has demanded the DOJ answer a litany of questions regarding the flights. The administration has pointed out the judge’s written order didn’t get released until after the flights were already over international waters. While hesitant to declare whether Boasberg has any conflicts of interest in the deportation case, Matt O’Brien, a former immigration judge, questioned the immense scope of his ruling.

“The real problem with Judge Boasberg’s ruling isn’t any kind of bias. Rather, it is that, in this particular case, he rendered a decision which appears to have been intended to effectuate a specific policy outcome,” O’Brien, who now serves as Director of Investigations for the Immigration Reform Law Institute, said to the Daily Caller News Foundation. “However, his job isn’t to create policy—that duty belongs to the Executive Branch and Congress,” he said. “Instead, Judge Boasberg was charged with applying the relevant law to the facts of the case. Rather than doing his job he engaged in judicial activism (making policy from the bench).” Similar to O’Brien, the administration and other Republicans have voiced consternation over the level of authority a single district court judge is able to wield over an entire administrative branch of government.

Senate Judiciary Committee Chairman Chuck Grassley, a top ally of the president, introduced legislation in March that calls for limiting federal court orders to parties directly before the court. If passed and signed into law, such a move would essentially squash universal injunctions and rein in the scope of judicial activism. The desire to see such reforms in the judiciary appears to be quite high within the GOP. Grassley’s bill, which was very recently introduced, already touts more than 20 co-sponsors in the upper chamber. “And by engaging in such behavior, Judge Boasberg intruded upon powers that the Constitution and the Immigration and Nationality Act very clearly assigned to the Executive Branch,” O’Brien said. “That upends our system of checks and balances and throws the whole machinery of government off kilter.”

Read more …

 

 

 

 

Jesus

85 million

Cancer
https://twitter.com/VigilantFox/status/1909374230585635102

DMSO

Pasta

3D cube
https://twitter.com/gunsnrosesgirl3/status/1909527032414757129

Capy

Ripley

Puddle

 

 

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

 

 

 

 

 

Debt Rattle March 30 2025

Mar 302025
 
 March 30, 2025  Posted by at 10:00 am Finance Tagged with: , , , , , , , , , , , ,  33 Responses »


David Hockney A Bigger Splash 1967

 

• How Donald Trump Is Reshaping America in Just 7 Weeks (Victor Davis Hanson)
• It Wasn’t a Leak, It Was a Devious “Charlie Foxtrot” (Larry Johnson)
• Vance Asked Trump To Fire Waltz – Politico (RT)
• Why Did Jeffrey Goldberg Leave The ‘Bomb Yemen’ Signal Chat? (Max Blumenthal)
• Trump Puts the System on Trial (RCW)
• The Best Response For Developing Countries To US Tariffs: Sell US Debt (Proud)
• xAI & X Merger Defuses Musk’s Tesla Share Liquidation Risk (ZH)
• Iran ‘Doesn’t Care’ About Trump’s ‘Threats’ – Senior Commander (RT)
• Federal Judge Halts Shutdown of Voice of America (ET)
• Ex-Italian PM Reveals ‘Secret Mission’ For Zelensky (RT)
• Zelensky Is a ‘Demon’ – Ukrainian MP (RT)
• EU To Reject Russia-US Black Sea Deal – von der Leyen (RT)
• The EU Wants to Use War as an Excuse for More Debt (Andreen)
• Joe Rogan Guest Completely Shatters the Vaccine Narrative (VF)

 

 

 

 

1994

Birth rate

Painful homework
https://twitter.com/cb_doge/status/1905912268111360510

Details
https://twitter.com/gunsnrosesgirl3/status/1905881343436767284

Not
https://twitter.com/Sassafrass_84/status/1905679457160925611

No. 4
https://twitter.com/GUnderground_TV/status/1905546747574710733

 

 

 

 

“.. it’s a revolutionary achievement. There’s nobody going across the border illegally, or at least, it’s statistically insignificant.”

• How Donald Trump Is Reshaping America in Just 7 Weeks (Victor Davis Hanson)

Hello, this is Victor Davis Hanson for The Daily Signal. How should we characterize the first seven weeks of the Trump administration because we get so much information and misinformation? Almost a day doesn’t go by where The Wall Street Journal is predicting that we are headed for a recession, that our allies are furious at us, that the economy is on the brink. So, what are we gonna make of all this? I think it’s time to take a deep breath and envision the first seven weeks is something like the following: President Donald Trump is in a race. He’s in a race to enact fundamental, disruptive change, a counterrevolution, and it’s going to be rough for a while, as he pointed out. But the things that he has already done are going to have, shortly or maybe even midterm, fundamental advantages for the United States. The question is, can he message and can he explicate and explain what he’s doing so people hang on? Because the eventual reward will be great.

Now, what do I mean? We’re talking about tariffs, tariffs, tariffs, but even the mere mention of tariffs for all of these countries that have not been reciprocal and have imposed tariffs on us in a way that we would never think of imposing on them, that idea that we might return to parity, it’s had an enormous effect. Some $4 trillion of announced investment from the Europeans, from the Saudis, from the Chinese, from the Mexican government, from the Canadians even. That will create hundreds of thousands of jobs. And that is in the process of working out. When Donald Trump entered office in 2017, we were only pumping about 9 million barrels. When he left, we were pumping 12 million. The Biden administration immediately cut back. And then it decided, before the midterms, “Hey, Americans like affordable oil.” So then they continued the Trump plan and got up to 12, almost 13 million barrels.

Already in just seven weeks, we have increased the amount of oil produced per day in the United States by about a third of a million barrels. And we’re on schedule to get up to about 14 million barrels by the beginning of the year. And that is coordinated with an increase in Middle East production as well. So, we’re going to see a moderation of energy prices, which may explain, already, why the inflation rate was not nearly as high as was predicted. If we look at the border, it’s amazing. We were told that the border problem was unsolvable without comprehensive immigration reform. And there were 10,000 people swarming up per day. We don’t even—nonchalantly, nobody talks about it anymore. But it’s a revolutionary achievement. There’s nobody going across the border illegally, or at least, it’s statistically insignificant.

The big issue right now is the Left is cherry-picking judges to prevent, not the deportation of somebody who’s working, who’s never been arrested, who’s been here for five or six years, but criminals and people who already have been ordered out of the country or pro-Hamas, pro-terrorist supporters. But the point I’m making is, what we’re doing now is Phase Two. The border is essentially solved, as far as security, and in seven weeks. Now, we’re having a difficult task of trying to find out who these 12 million people were that former President Joe Biden deliberately and with intent—malicious intent—allowed to come into the country. But the point I’m making is this is an incredible success.

There’s a final point that I want to make. We hear about Elon Musk is not authentically American. He is a nepo baby. And we hear Rep. Jasmine Crockett, D-Texas, threatening his person, along with threatening Sen. Ted Cruz, R-Texas. All of this chaos and nihilism coming about Elon Musk and what he’s doing, but what he’s finding out, almost every day, in the Treasury, in the IRS, in the Department of Energy, in the intelligence communities, is a vast unreported siphoning off of hundreds of millions of dollars, if not billions, to favorable and mostly left-wing entities, both abroad and here in the United States.

And already, he has cited areas where the Cabinet officers can cut $200 billion. That’s a fifth, only after seven weeks. He’s got a fifth of the way to go. He thinks he can cut a trillion dollars without touching entitlements. I don’t know if he can. But let me just sum up. If Donald Trump is able to fulfill this promise of commitment by foreign entities of $4 trillion in investment—$4 trillion—if he is able to cut a trillion dollars within a year or two, if he’s able to solve the Ukraine war, and if he is able to have a general peace in the Middle East, that will be the most substantial presidency—if he does nothing else—that we’ve seen in 50 years. Final word, everybody, keep calm. There’s events in process that if they are brought to fulfillment and fruition, this country will be a radically different and radically better place.

Read more …

They come off as a platoon of newbie nitwits. Run by Israel. Not pretty.

• It Wasn’t a Leak, It Was a Devious “Charlie Foxtrot” (Larry Johnson)

Charlie Foxtrot is a polite euphemism for a crude military term — Clusterfuck. That describes the first scandal of the Trump Administration. Somehow, whether deliberate or accidentally, a Zionist journalist by the name of Jeffrey Goldberg was added to a Signal chat by Trump’s National Security Advisor, Michael Waltz, or by someone who worked for Waltz. Goldberg suddenly found himself part of a group chat of Trump’s top defense, diplomatic and intelligence officials. The group included CIA Director Ratcliffe, DNI’s Tulsi Gabbard, and Secretary of Defense Pete Hegseth, among other luminaries.

If you are not familiar with Signal, you create a group chat by naming a group and then adding members from your list of contacts. This tells us that Goldberg was part of Waltz’s list of contacts. Goldberg is a particularly slimy character, not because he published portions of the chat, but because he behaved as a political hack instead of a journalist. A journalist with that unexpected access, would have written an immediate story announcing that the US was going to start bombing Yemen just to make an example of it. What did Goldberg do? He waited till the bombing happened and then hoisted the Trump gang on its own petard. He made the story about Charlie Foxtrot, which he published on Monday in The Atlantic magazine.

This was not a leak. This was a gift to Goldberg. While the contents of the chat are not officially classified, the information being discussed was operationally sensitive. The chat exposed most of the Trump team as shallow and dismissive of the military and diplomatic implications of the decision to start bombing Yemen. If Waltz and company wanted to discuss the pros and cons of bombing Yemen, he should have convened a Secure Video Conference, aka SVTC (pronounced, CIVITS). Pete Hegseth’s remarks to the press, responding to the Goldberg article, makes a solid case that he is not qualified to serve as Secretary of Defense. Instead of admitting that this was a fuckup on the part of Waltz, he decided to attack Goldberg. Moreover, he pretends that the US was hitting hardened, military targets. That is a lie:

While I agree with Hegseth that Goldberg is a partisan hack, Goldberg did not insinuate himself into the chat or steal the material. Waltz, or one of his staff, did that. We will have to wait and see if the Trump team has learned anything from this debacle. I suspect Signal will no longer be used for sensitive topics. The portion of the chat that Goldberg published shows that JD Vance is not a Zionist crazy. He at least had reservations about the plan to bomb Yemen. The same cannot be said for the others — Pete Hegseth in particular. The following snippets from Goldberg’s article makes it clear that the decision to bomb was not based on some actual provocation or attack by Yemen. Nope, it was a malevolent symbolic gesture:

“The account labeled “JD Vance” responded at 8:16: “Team, I am out for the day doing an economic event in Michigan. But I think we are making a mistake.” (Vance was indeed in Michigan that day.) The Vance account goes on to state, “3 percent of US trade runs through the suez. 40 percent of European trade does. There is a real risk that the public doesn’t understand this or why it’s necessary. The strongest reason to do this is, as POTUS said, to send a message.” The Vance account then goes on to make a noteworthy statement, considering that the vice president has not deviated publicly from Trump’s position on virtually any issue. “I am not sure the president is aware how inconsistent this is with his message on Europe right now. There’s a further risk that we see a moderate to severe spike in oil prices. I am willing to support the consensus of the team and keep these concerns to myself. But there is a strong argument for delaying this a month, doing the messaging work on why this matters, seeing where the economy is, etc.”

The account identified as “JD Vance” addressed a message at 8:45 to @Pete Hegseth: “if you think we should do it let’s go. I just hate bailing Europe out again.” “I will say a prayer for victory,” Vance wrote. . . . Hegseth’s counter to Vance’s concern that the American public won’t understand why were bombing the shit out of another faraway country is this: “Nobody [in America] knows who the Houthis are, so [we can just say] Biden failed and Iran funded them.” Well, guess what, boys and girls? Trump failed, just like Biden. The bombings over the last nine days have not deterred the Houthis from renewing their attacks on ships and Israel. And it has put US naval vessels in harm’s way without a good reason. Hegseth gives the game away… this is about blaming Iran.

It is incumbent on Goldberg to release the entire electronic conversation. Maybe I am being too harsh. Maybe Tulsi Gabbard or John Ratcliffe or the Director of the Defense Intelligence Agency raised some objections. But it appears that everyone was supportive of the proposed operation. Shameful.

Read more …

“Like hell he’d give the liberal media and pearl-clutching Democrats a win..”

Trump’s no. 1 task right now is to stand up for his team. Loyalty.

• Vance Asked Trump To Fire Waltz – Politico (RT)

Vice President J.D. Vance and other senior officials “gently offered” President Donald Trump to fire National Security Adviser Mike Waltz during a private discussion about the blunder in which Waltz accidentally included a reporter in a confidential chat about US military strikes in Yemen, according to anonymous insider sources cited by Politico. Two individuals allegedly familiar with the closed-door meeting at the White House on Wednesday night told Politico that Vance, Chief of Staff Susie Wiles, and personnel chief Sergio Gor advised Trump that it might be time to cut Waltz loose. The president reportedly agreed that Waltz had “messed up,” but ultimately decided against a dismissal.

“Like hell he’d give the liberal media and pearl-clutching Democrats a win,” Politico wrote on Friday, citing one insider as saying the administration “don’t want to give the press a scalp.” The leak, first reported by The Atlantic on Monday, revealed that Waltz had inadvertently invited editor-in-chief Jeffrey Goldberg to a confidential Signal chat where senior administration officials were discussing upcoming airstrikes on Houthi militants in Yemen. Waltz has taken “full responsibility” for the incident, calling it “embarrassing” in a Fox News interview and attributing the inclusion to a technical “glitch.”

President Trump has largely downplayed the controversy, dismissing the media response as a “witch hunt” and questioning the reliability of Signal. He also emphasized that no classified information was compromised and praised the military operation as “unbelievably successful.” White House press secretary Karoline Leavitt voiced the administration’s stance, stating on Monday that “President Trump continues to have the utmost confidence in his national security team, including National Security Advisor Mike Waltz.” Vance, for his part, has publicly aligned himself with the president’s decision. On Friday, he brought Waltz along for a high-profile trip to Greenland, where he dismissed media speculation and defended the national security team.

“If you think you’re going to force the president of the United States to fire anybody, you’ve got another thing coming,” Vance told reporters. Yet Politico claimed that Waltz’s position remains tenuous, citing one Trump ally who said, “They’ll stick by him for now, but he’ll be gone in a couple of weeks.” Other unnamed sources described longstanding personal and political tensions, alleging that Waltz has alienated colleagues by overstepping boundaries and acting more like a principal than a staffer. A spokesman for Waltz, Brian Hughes, pushed back against the narrative, calling the reports “gossip from people lacking the integrity to attach their names.” He emphasized that Waltz “serves at the pleasure of President Trump” and continues to have the president’s support.

Read more …

“..a gargantuan empire bombarding a poor, besieged country because it is controlled by a popular movement that is currently the only force on the planet taking up arms to stop Israel’s genocide in Gaza..”

• Why Did Jeffrey Goldberg Leave The ‘Bomb Yemen’ Signal Chat? (Max Blumenthal)

Atlantic Magazine editor-in-chief Jeffrey Goldberg has won the admiration of his Beltway peers for the conduct he displayed after being accidentally invited into a smoke-filled “bomb Yemen” Signal chat with Trump’s national security honchos and top advisors. “Props to Jeffrey Goldberg for his high standards as a professional journalist,” declared Ian Bremmer, the trans-Atlanticist foreign policy pundit on his Bank of America-sponsored GZero podcast. “When he realized the conversation was authentic he immediately left, informed the relevant senior official, and made the public aware without disclosing intelligence that could damage the United States.” But what exactly did Goldberg do to deserve such high praise?

With a once in a lifetime opportunity to view and report on high level discussions on the US launching an illegal war on Yemen, Goldberg chose to avert his gaze and leave the scene as soon as he could, apparently because maintaining such unparalleled access would have compelled him to report on discussions that might have complicated a war being waged on behalf of the Israeli apartheid state to which he emigrated as a young man. Instead of exploiting his front row seat to the Trump admin’s war planning – a vantage point that would have yielded countless scoops and a bestselling book for any adversarial journalist – Goldberg bolted and dutifully informed the White House about the unfortunate situation.

From there, the story became a palace intrigue over an embarrassing failure of “opsec,” or operational security, and not one about the policy itself, which entails a gargantuan empire bombarding a poor, besieged country because it is controlled by a popular movement that is currently the only force on the planet taking up arms to stop Israel’s genocide in Gaza. In the fourth paragraph of Goldberg’s Atlantic article about the principals’ Signal group, he strongly implied that he supports the war’s objectives, describing Ansar Allah, or the Houthis, as an “Iran-backed terrorist organization” which upholds a belief system that is (what else?) antisemitic. Given Goldberg’s admission that Waltz first reached out to him at least two days prior to mistakenly adding him to the Signal group, it appears the NSC director had been leaking to the Atlantic editor on behalf of the neocon faction in the Trump White House. And it seems clear why Waltz would have sought to cultivate Goldberg.

During the run-up to to the Iraq war, then-Vice President Dick Cheney cited Goldberg’s bunk reporting alleging deep ties between Saddam Hussein and Al Qaeda during multiple media appearances hyping up the coming invasion. Under Obama, Goldberg served as Israeli PM Benjamin Netanyahu’s errand boy, churning out tall tales about Tel Aviv’s imminent plan to attack Iran’s nuclear sites – unless the US did it first. Since the October 7, 2023 attack on Israel, the once-failing Atlantic has suddenly turned a profit, as Goldberg unleashed a firehose of propaganda against the keffiyeh-clad enemies of the magazine’s Upper East Side donor base. This month, with momentum for a strike on Iran building within the Trump White House, Goldberg was summoned once again move to the neocon message, and wound up with more access than he bargained for.

When asked in a March 24 interview with CNN’s Kaitlan Collins why he left the Trump principals’ Signal group voluntarily, Goldberg ducked the question. But as Ian Bremmer suggested, he did so out of deference to power and an abiding belief in a US empire hellbent on protecting Israel. And in the culture of Beltway access journalism, that’s considered a laudable trait.

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“..the judges’ resistance is expected—they’re bound up in and rewarded by the system Trump seeks to reform.”

• Trump Puts the System on Trial (RCW)

President Trump’s supporters have denounced the federal judges seeking to stall or stop this administration’s government overhaul. But there is at least one person who, despite a show of outrage and condemnation, is neither surprised nor intimidated: Trump himself. The politically appointed judges have ordered, among other actions, that federal agencies reinstate thousands of fired probationary employees; that billions of taxpayer dollars be paid to questionable USAID projects and contractors; and that foreign-born criminals deported to their native countries be returned and granted due process. Regardless of the legal merits, the American people recognize these orders as obstructions to what Trump said he would do if elected, and what voters elected him to do. Yet the judges’ resistance is expected—they’re bound up in and rewarded by the system Trump seeks to reform.

Two-thirds of Americans believe the “system” is broken, but for years progressive politicians and their mouthpieces posited that the system couldn’t be fixed. Intellectuals on the Left, including New York Times columnist David Brooks, said America’s flaws were “systemic” in nature: systemic racism, systemic sexism, and systemic injustice. They whined and preached but offered no solutions for the millions of Americans of all races and both genders struggling and failing to unlock their potential to succeed. When Trump announced his candidacy for president in 2015, he too claimed the system was broken, but not because we are racist or sexist by nature, but because the system itself is old, soft, and corrupt, with leaders grown unresponsive to the people they are supposed to serve. That core belief guided his first term and remains unchanged at the start of his second.

For decades, politicians failed to respond to real problems because their agendas, even their identities, were phony, crafted by consultants and pollsters who aimed not for the truth, but for whichever lies or provocations were most efficacious in winning the next election. But one need not resort to craven and conspiratorial explanations of this sort, which hint that elected officials deliberately ignore the public will. The truth is simpler. They have to ignore voters, if only because they have no idea how to fix the problems we face. In one sense, the elites’ ineptitude is understandable: we have a highly complex society that has undergone a recent, rapid, destabilization brought on by technological advance. But to admit that they simply don’t know how to address any contemporary issue would be to concede that it is only their mere status as “elites” that qualifies them to rule.

Thus, to conceal their befuddlement, they explain their inaction by a vague demand that we address the “root causes” of every issue – which further justifies them in doing nothing. The bad faith inherent to the “root causes” strategy was nowhere more obvious than at the border. For years, establishment voices told us that border security measures would fail without addressing the “root causes” of the problem: central American poverty and climate change. These appeals allowed the political class to avoid doing what they didn’t want to do (securing the border) and to manufacture a duty to do the things they did want to do (diverting American revenue to foreign aid “relief programs” and enacting more restrictive environmental policies). Aside from those interventions, they assured us, there was nothing we could do about the illegal immigration crisis.

Speaking about politicians in 2015, Trump said: “I hear their speeches. They don’t talk jobs. [They] have no competence. [They] don’t know what’s happening.” His message of “America First” was clear and authentic, and it implied real action and solid outcomes: protect jobs, livelihoods, and futures of Americans. The hapless politicians had nothing to counter. “The Resistance” to the first Trump administration was advanced by the machinations of bureaucrats in the vast regulatory state. But with the president rapidly dismantling that apparatus, a new strategy was needed. For the Resistance 2.0, it seems the establishment will depend on the courts to thwart the democratically-expressed will of the people. But there is a higher court in this land, where American voters serve as judge, jury, and executor.

Earlier this month at the Department of Justice, Trump warned of the “violent, vicious lawyers” who persecute the president and bully the American public to get their way. Expect these lawyers to “play the ref,” Trump said, weaving in a story about former Indiana University basketball coach Bobby Knight, who once threw a chair across the court and screamed like a madman at the referees for a call to be overturned. The referee wasn’t going to change the first call, Trump said of Knight’s rationale for throwing the tantrum. “But he’s going to change for the next play. And sure as hell, he did.” Trump understands that activist lawyers and progressive pundits will put heat on the judiciary, and that, on occasion, they’ll get their way.

For 10 years, Trump has confronted the political class, calling out their incompetence and dishonesty, and the voters continue to reward him. Federal judges, egged on by the politically-motivated legal establishment, may try to frustrate the president in his pursuit of long-held promises to build a better country. But Trump is building his case outside the courts – and he’s betting on a sympathetic hearing with the American people, who will note the overt evidence of bias, corruption, and incompetence, whether it occurs in the media, executive branch, or the judiciary. Judges will rule on procedure and technicalities, but the people will evaluate the legitimacy of our institutions and credibility of our leaders.

In 2028, the jury will render its verdict.

Read more …

In theory perhaps. But how much US debt do you have to spare?

• The Best Response For Developing Countries To US Tariffs: Sell US Debt (Proud)

As President Trump threatens the world with sweeping tariffs, he is trying to change the fundamental laws of economics through force of will. He won’t succeed. Rather than fighting back with reciprocal tariffs, developing countries should sell off U.S. debt. The Austrian American economist Ludwig von Mises once said that ‘the balance of payments theory forgets that the volume of trade is completely dependent on prices.’ The United States has such a gigantic trade deficit, at over $1 trillion each year, because it can buy foreign goods more cheaply than it can produce them domestically. Some countries may subsidise production to lower prices, others might export goods that are further down the value chain compared to what American producers will make.

But, stepping back, the U.S. dollar is so powerful, that it renders American exports more expensive, irrespective of any distortions created by its trading partners. This is part of the exorbitant privilege in which the U.S. dollar acts the world’s leading reserve currency, amounting to 58% of total reserves. Foreign countries put their capital into the U.S. because it is a stable and safe, increasing the price of the dollar on foreign exchange markets because demand is always high. A strong exchange rate makes foreign imports cheaper and that helps to manage inflation in America.

President Trump clearly wants to boost his support in the blue collar heartlands of America, driving job creation in traditional American industry that has been undercut by foreign imports over many years. But he can’t have two cakes and eat them both. He can’t simultaneously slash the huge U.S. balance of payments deficit – helping blue collar workers – while at the same time maintaining the U.S. as the destination of choice for foreign capital. That would be to defy the logic of economics. To oversimplify slightly, America has built its bloated Federal apparatus on the back of cheap imports. The huge current account surpluses that exporting powerhouses like China, India, European and ASEAN countries have built up has produced a torrent of easy capital to prop up the U.S. state.

The U.S. has a debt mountain of around $35 trillion which is roughly the equivalent sum of debt held by foreign investors. Of that debt, around $8.5 trillion is in the form of U.S. Treasuries, literally loans to the U.S. government, with a similar amount invested in corporate debt and the rest largely in equity. That’s why Trump is going in so hard with Elon Musk’s DOGE initiative. He’s desperate to reduce the size of the U.S. state apparatus because he knows that the Federal house of cards is built on fiscal quicksand. He also probably figures that there’s a greater propensity among federal workers – who are facing massive job cuts – to lean democrat, than among factory workers.

That’s why the idea of a BRICS currency is so terrifying to Trump, because BRICS now accounts for 41% of the global economy by purchasing power parity. A BRICS currency poses a longer-term risk of making the dollar less appealing and, therefore, weaker, driving up inflation. Because the real challenge to the U.S. is not the federal debt itself but its ability to service its debt. The exorbitant privilege, coupled with the massively disinflationary tidal wave of the global financial crisis, ushered in a period of historically low inflation and low interest rates.

That era has ended, as ratings agency Moody’s pointed out this week. U.S. interest rates are now higher, at 4.25-4.5% driving up the costs of servicing the country’s enormous debt mountain. The threat to the U.S. right now is inflation and what that means for its debt servicing bill, if interest rates are held or, even, forced higher. There are parallels here for the 1970s, when rampant inflation, triggered by a number of factors including the oil crisis and America’s move to a fiat currency, led U.S. interest rates to soar at one point to 20%. During this period, foreign countries withdrew their investments, and the dollar slumped to 45% of total global foreign exchange reserves. And herein Trump’s challenge. He can’t export more without a weak dollar, and a weak dollar will make U.S. debt harder to service.

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“The combination values xAI at $80 billion and X at $33 billion..” Is that $80 billion together or $133 billion?

• xAI & X Merger Defuses Musk’s Tesla Share Liquidation Risk (ZH)

Elon Musk secured a multibillion-dollar margin loan using Tesla stock as collateral to finance his acquisition of Twitter (now rebranded as X). In recent months, Tesla’s share price has been cut in half due to a confluence of factors—slowing EV demand amid high interest rates, shifting electric vehicle policies under the Trump administration, market volatility driven by trade tensions, and pressure from a coordinated NGO-driven color revolution known as “Tesla Takedown,” aimed at crashing the stock to trigger loan repayment obligations tied to Musk’s pledged equity. In short, volatility in Tesla shares left Musk heavily exposed to potential loan repayment thresholds being triggered – which was set to occur at or below $114 according to reports – until now.

On Friday evening, Musk announced the merger of X with his AI startup, xAI, in an all-stock transaction that strengthens his financial position, protects Tesla shareholders, and renders the Tesla Takedown color revolution largely ineffective in achieving its intended goal. Musk outlined xAI’s acquisition of X: “xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt). Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at unprecedented speed and scale. X is the digital town square where more than 600M active users go to find the real-time source of ground truth and, in the last two years, has been transformed into one of the most efficient companies in the world, positioning it to deliver scalable future growth.

xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent. This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach. The combined company will deliver smarter, more meaningful experiences to billions of people while staying true to our core mission of seeking truth and advancing knowledge. This will allow us to build a platform that doesn’t just reflect the world but actively accelerates human progress. I would like to recognize the hardcore dedication of everyone at xAI and X that has brought us to this point. This is just the beginning.”

Musk privately owns and controls both xAI and X. The transaction is structured as a stock swap, with X investors receiving xAI shares in return. Both companies share overlapping investors, including Fidelity Management, Saudi Arabia’s Kingdom Holding Co, Andreessen Horowitz, Sequoia Capital, and Vy Capital. Musk, also the CEO of Tesla and SpaceX, purchased Twitter in a $44 billion deal in 2022. X CEO Linda Yaccarino wrote on X last night: “The future could not be brighter.” Musk’s X post announcing the acquisition stated that the deal was about “blending” the AI startup and social media platform to create “a platform that doesn’t just reflect the world but actively accelerates human progress.” However, the move also eliminates the risk of Musk undergoing a forced liquidation of the $12.5 billion margin loan backed by his Tesla shares.

As we previously described at the beginning of the note, Tesla shares were halved for a number of reasons: Goldman Trading Desk Views “Trump As Bearish For US EV Market”. “Weak Demand”: Goldman Lowers Tesla Vehicle Delivery Estimate For Quarter. And this…”Tesla Takedown Revolutionaries Prepare Mobilization Nationwide, Tesla Takedown Organizers Plan Color Revolution To “Kill” Brand & “Death Spiral” For Investors. Last week, the Democratic Party and their Communist revolutionaries spelled out their sinister plans… “If we kill the Tesla brand” and “drive down the stock price low enough. We can force him to sell his stock to pay back the billions of dollars of debt he took on to buy Twitter.

“This will drive Tesla into a death spiral,” Micah Lee, The Intercept’s former Director of Information Security, explained on a recent Tesla Takedown teleconference with other far-left revolutionaries. Musk’s indebtedness from leveraging Tesla shares to fund the X deal is no longer a concern for Tesla shareholders. This strategic move also renders the Tesla Takedown color revolution funded by rogue Democrats less likely to force a liquidation.

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Irann Doesn’t think the US would be stupid enough. But Israel?!

• Iran ‘Doesn’t Care’ About Trump’s ‘Threats’ – Senior Commander (RT)

Iran will not bow to US pressure to resume talks over its nuclear program, a top naval commander has said, stressing that Tehran is ready to strike back in the event of an American attack. In an interview with al-Mayadeen TV channel on Saturday, Alireza Tangsiri, commander of Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy, pushed back against US President Donald Trump’s recent ultimatum urging the country to enter new nuclear talks. “I have no knowledge of Trump’s message, nor do I care to analyze it,” Tangsiri said. “I hear his threats, I observe his actions, and I prepare myself to counter them. We have the capability to strike all enemy bases, wherever they may be… No one can strike us and escape. Even if we have to chase them to the Gulf of Mexico, we would.”

Tangsiri also rejected any negotiations over Tehran’s missile arsenal or its backing of groups in the region. “Iran will never negotiate over its missiles or the capabilities of the Resistance Front,” he said. He also emphasized that the Islamic Republic seeks peaceful relations with its neighbors: “We always extend a hand of friendship to the countries in the region. As Muslims, we do not pose any threat to our neighboring countries.” The remarks came in response to Trump’s comments on Friday, in which he confirmed sending a letter to Iran’s Supreme Leader Ayatollah Ali Khamenei, seeking to negotiate a nuclear deal. “You’re gonna have to make a decision one way or the other,” Trump said. “We’re gonna either have to talk and talk it out, or very bad things are gonna happen to Iran. And I don’t want that to happen.” He added that if the US has “to go in militarily, it’s going to be a terrible thing.”

Iran’s Foreign Minister Abbas Araghchi has said that while the letter seemed threatening, it still contained “some opportunities” for Tehran. The standoff follows years of tension over Tehran’s nuclear program. In 2015, Iran signed a deal with the US, the EU, Russia, and other world powers in which it agreed to limit its nuclear activities in exchange for sanctions relief. However, in 2018, Trump unilaterally withdrew America from the landmark agreement, calling it “a horrible one-sided deal” that had failed to achieve its goals. Iran has not ruled out indirect talks on the matter but has refused to do so under duress. It also maintains that its nuclear program is for peaceful purposes only.

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$1 billion a year for a woke relic.

• Federal Judge Halts Shutdown of Voice of America (ET)

A federal judge has temporarily blocked the Trump administration from dismantling Voice of America (VOA), the government-funded international news service whose 1,200 reporters and employees were placed on paid leave earlier this month. The judge, J. Paul Oetken of the Southern District of New York, on Friday issued a temporary restraining order in favor of VOA employees and their unions. The order prevents the U.S. Agency for Global Media (USAGM), which oversees VOA, from shutting down the broadcasting network and its associated radio programs. VOA employees filed the lawsuit against USAGM, its acting Director Victor Morales, and special adviser Kari Lake on March 21.

The complaint accused the agency of failing to fulfill its legally mandated missions and violating both press freedom and the separation-of-powers doctrine when it took a “chainsaw” to the outlet, ordering the entire staff not to report to work, turning off the service, and locking the agency’s doors. In his ruling, Oetken stated that VOA was likely to succeed on its claims, noting that USAGM’s actions appeared unconstitutional. He said that Lake lacked legal authority to withhold congressionally appropriated funds or terminate USAGM staff, programming, or contracts. “By withholding the funds statutorily appropriated to fully administer USAGM, VOA, and its affiliates … the executive is usurping Congress’s power of the purse and its legislative supremacy,” he wrote.

The judge did not require VOA to resume broadcasts, but made it clear that employees must not be terminated while the court determines whether the shutdown violates the Constitution or other federal administrative laws. Friday’s order echoed a similar ruling by another district judge earlier in the week, which granted a temporary restraining order to Radio Free Europe/Radio Liberty, blocking its funding freeze. The Trump administration has since stated in court filings that it has resumed funding for these outlets. President Donald Trump and his supporters have been critical of VOA for years over alleged bias against conservative Americans and in favor of America’s adversaries.

In 2020, the White House sent an email accusing VOA of spending taxpayers’ money to “speak for authoritarian regimes.” It took issue with, among other things, a VOA social media post featuring a video of a light show celebrating the end of the lockdown in Wuhan, the Chinese megapolis where the COVID-19 virus first emerged; as well as the agency’s characterization of China’s effort to control the outbreak as a “model” for other nations. “VOA too often speaks for America’s adversaries—not its citizens,” The White House said. “Journalists should report the facts, but VOA has instead amplified Beijing’s propaganda.”

The VOA first began broadcasting in 1942 in German-occupied territories as part of the Allies’ effort to engage Axis propaganda broadcasts with counterpropaganda. In the following decades, it became a staple in the propaganda war against the Soviet Union and other communist regimes. Over time, it evolved into a global news organization, now operating in more than 40 languages. Elon Musk, a tech billionaire and Trump’s top adviser for downsizing the federal government’s spending and workforce, has echoed calls to shut down VOA and its sister networks, arguing that they have outlived their purpose. “Yes, shut them down. Europe is free now (not counting stifling bureaucracy). Nobody listens to them anymore,” he wrote on X, accusing the outlets of being “radical left” and “torching $1B/year of US taxpayer money.”

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“You know, you are the first European who came to talk to us about this. The others are just asking us not to support Russia.”

• Ex-Italian PM Reveals ‘Secret Mission’ For Zelensky (RT)

Former Italian Prime Minister Massimo D’Alema has claimed that he undertook a secret diplomatic mission to Brazil and China on behalf of Ukrainian leader Vladimir Zelensky to garner international support, amid fears that Kiev would be abandoned by its Western backers. The revelation was made during a conversation with Italian politician Gianfranco Fini published by La Repubblica on Thursday. According to D’Alema, Zelensky approached him sometime in 2024, expressing fears of a potential catastrophe as Western support waned. “I happened to speak with Zelensky on the sidelines of an initiative on the Balkans. And he told me clearly that his country was at risk of disaster because ‘the Americans will withdraw sooner or later, and the Europeans are not reliable,’” the former prime minister told Fini.

“He asked me to go to Brazil and Beijing to find out if Lula and Xi Jinping could do something,” D’Alema claimed. Neither Brazil nor China has publicly confirmed any visits by the former Italian official. In Brasilia, President Luiz Inacio Lula da Silva reportedly dismissed the initiative outright, insisting that Ukraine is an “American problem.” “I went there, but Lula almost showed me the door, telling me that Ukraine was a problem for the Americans and that, according to him, I should be interested in Palestine instead,” D’Alema said. In China, D’Alema reportedly met with one of the Communist Party’s top foreign policy officials, and discussed the idea of an international peacekeeping force for Ukraine. At the end of the meeting, the Chinese official is said to have remarked: “You know, you are the first European who came to talk to us about this. The others are just asking us not to support Russia.”

The former prime minister also criticized the EU for fueling what he described as unrealistic expectations about the conflict. “Europe has done nothing but repeat that Russia could be defeated, when it was clear to everyone that the war could not be won by anyone,” he said.

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“They want to inspect the holy relics of our saints. They plan to carve them up, to open them up, to break them into pieces. To perform this sacrilege over them. It’s a huge tragedy for the entire Orthodox world..”

• Zelensky Is a ‘Demon’ – Ukrainian MP (RT)

Ukraine’s Vladimir Zelensky is waging a campaign of terror against his own people by signing off on a crackdown targeting the canonical Ukrainian Orthodox Church (UOC), particularly the iconic Kiev Pechersk Lavra monastery, lawmaker Artyom Dmitruk has said. In an interview with RT on Friday, Dmitruk responded to reports that Ukrainian officials and police have entered the catacombs of the Kiev Pechersk Lavra, the nation’s most significant monastery and the final resting place of several Christian saints. During the raid, authorities unlocked doors, broke into the caves, and changed locks. Dmitruk described their actions as sacrilegious and suggested that Zelensky was directly complicit.

“Zelensky is perpetrating genocide of the Ukrainian people. What we are seeing now and what we are witnessing now is the continuation of terror policies of Zelensky’s against [the] Ukrainian people. Zelensky is a demon in the body of a human being. You can call him whatever you want, a godless person, a terrorist, and so on and so forth. The gist of his actions is the same. Zelensky is following a demon’s will,” he asserted. According to the legislator, who claims to have fled the country over the persecution of the UOC, the stated goal of the “inventarization” of the monastery’s possessions is nothing more than a pretext. “They want to inspect the holy relics of our saints. They plan to carve them up, to open them up, to break them into pieces. To perform this sacrilege over them. It’s a huge tragedy for the entire Orthodox world,” he said, recalling that the results of the review would be classified.

“They are raiding the Lavra. They are trying to seize the property of the Lavra… If we speak from a legal point of view, it’s a crime,” Dmitruk stressed. The Ukrainian government has been cracking down on the UOC for months, which it views as having ties to Russia. This effort has included attempts to take over the Lavra, as well as church raids and arrests of clergy. The UOC, the largest religious institution in the country, severed ties with the Moscow Patriarchate following the start of the conflict. Zelensky has defended the move, insisting on the need to protect Ukraine’s “spiritual independence” from Russia. Moscow has condemned the measures, accusing Kiev of suppressing the canonical Orthodox faith and alleging that the West is encouraging these efforts.

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Nobody cares.

• EU To Reject Russia-US Black Sea Deal – von der Leyen (RT)

The EU will not lift its sanctions against Russia for as long as the Ukraine conflict continues, European Commission President Ursula von der Leyen has said. During talks in Saudi Arabia on Monday, Russia and the US agreed to move towards reviving the Black Sea Grain Initiative, which, according to the Kremlin, should include the removal of Western restrictions against Russian Agricultural Bank and other financial institutions involved in the international sale of food and fertilizers. In her interview with French broadcaster LCI on Friday, von der Leyen made it clear that Brussels will not support the idea of a maritime truce between Moscow and Kiev put forward by the administration of US President Donald Trump.

“The sanctions are very significant; they are painful; they have an impact on the Russian economy, and they represent a powerful lever,” she said when asked about the possibility of the EU fulfilling Russian demands to lift some of the curbs. According to the head of the European Commission, the restrictions “will remain in effect until a just and lasting peace is established in Ukraine.” However, she noted that “when the war is over, the sanctions might be removed.” Von der Leyen also said that for the conflict to end, “security guarantees for Ukraine” are needed as well as “a solid defense industrial base and a deterrent force” in the EU. The Black Sea Grain Initiative, originally brokered in July 2022 by the UN and Türkiye, envisioned the safe passage of Ukrainian agricultural products in exchange for the West lifting its restrictions on Russian grain and fertilizer exports.

Moscow withdrew from the deal a year later, citing the West’s failure to uphold its obligations. The Americans and Russians now see its revival as a step towards settling the Ukraine conflict altogether. Earlier this week, President Vladimir Putin asserted that the Russian economy has become the fourth largest in the world in purchasing power parity terms after those of China, the US and India, despite a record 28,595 sanctions being placed on it by Washington, Brussels and their allies. According to the Russian government’s data, the country’s economy grew 4.1% in 2024, surpassing the official forecast of 3.9%. Putin previously urged the Russian business circles against expecting the sanctions to be fully lifted, describing them as a mechanism of strategic systemic pressure on the country that the West intends to keep using.

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Eurobonds are a huge threat to every European: “The EU Debt Plan is About Centralizing Financial Control.”

• The EU Wants to Use War as an Excuse for More Debt (Andreen)

The European political and financial elite knows that the war in Ukraine is lost but wants to use it as an opportunity to reach strategic independence from the United States. As the future chancellor of Germany Friedrich Merz said right after his electoral win on Feb 23: “It will be an absolute priority for me to strengthen Europe as soon as possible so much that it gradually really achieves independence from the United States.” Such strategic independence needs money and investment—a lot of it—not only to boost defense but much else, like energy and innovation; areas in which Europe is lagging behind the US and China. In order to have the pretext to implement this spending plan, the idea among the EU elite is to make sure that the war in Ukraine does not end too quickly. That way the conflict can be used to justify artificially injecting much needed money into the moribund EU economies.

First, there was a question of providing €20 billion euros of additional military support for Ukraine and that the EU self-imposed fiscal rules to be loosened using the existing “escape clause” in the event of “exceptional” circumstances, such as the bogus “defense of Ukraine” excuse. As Bloomberg stated, “under this plan, EU nations would be exempt from debt and deficit limits when financing military expenditures. This marks a fundamental shift in EU financial policy, as such exemptions have previously been impossible under EU rules.” Indeed, the EU elite does not want to follow the arbitrary EU fiscal rules: for Paris, the 3 percent limit of budget deficit to GDP is politically painful, and for Berlin, the limit of max 60 percent of GDP in terms of federal public borrowing seems like an artificial constraint.

Then there was a talk of a €700 billion euro defense package. Newsweek stated that: “Baerbock said the package could be worth some 700 billion euros ($732 billion).” French President Emmanuel Macron also confirmed this on March 2, 2025. “We will give a mandate to the European Commission to define our capacity needs for a common defense,” Macron said in an interview published in several French newspapers. “This massive funding will probably reach hundreds of billions of euros.” The official slogan of “help Ukraine defend itself” will give the EU political and financial elite an excuse to turn on the spigots of the European Central Bank at full thrust again; to shower the entire European economy with “free” money, and shore up its fragile economies, like it did after the euro crisis of 2011, with the enormous covid recovery fund in 2021, as well as with the Green New Deal.

This time, the idea seems to be to use joint EU bonds. Reuters writes: “The bigger amounts will have to come from some type of centralized funding, because most budgets in Europe are relatively stretched, particularly in Italy and France.” As was stated in the infamous Draghi Report from Sept 2024: “the EU should move towards regular issuance of common safe assets to enable joint investment projects among Member States and to help integrate capital markets.” Therefore, “common issuance should over time produce a deeper and more liquid market in EU bonds.”

Joint EU bonds are essentially bond issuances against the whole euro economy and would thus entail a low risk and a lower interest rate than country level EU bonds. This is perceived as necessary in order for the EU to hold its own in competition with the US and China that already have unified capital markets, as a speech Draghi gave to the EU Commission last year made clear. There are three main sources of war financing: printing money, increasing taxes, and borrowing. Making available “hundreds of billions” for the EU would likely be based on debt issued from joint EU bonds. Bloomberg noted that, if the spending were funded with tax increases, or cuts in other areas, that could wipe out any positive impact—or worse. Any immediate spending on the military would not help Europe because it would be mostly spent buying US weapons.

Therefore, what the EU elite has in mind now is likely to put in place what F. Merz said; a strategic independence from the US through a huge investment by joint EU bonds, released and used over the long term in order to slowly build up Europe’s industry, not only in the defense sector but also in other sectors. In a sense, this would-be debt plan is just the European Union emulating the United States playbook of using war for crony capitalist benefits, finally “understanding” how to cynically exploit the Ukraine war, just as the US has been doing since 2022 by feeding its military-industrial complex. But, in order for this to happen, the war must not end too soon for the European elite, which is why efforts are made in order to—outrageously—spoil any US peace plans and get the war to continue for now.

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All of a sudden, everybody knows Dr. Suzanne Humphries. Her X followers went from a few hundred to 62,000 overnight.

• Joe Rogan Guest Completely Shatters the Vaccine Narrative (VF)

Everything you’ve been told is a lie—especially when it comes to polio. Dr. Suzanne Humphries reveals what really made all those polio cases disappear after the vaccine was introduced. Dr. Suzanne Humphries, former board-certified nephrologist and co-author of Dissolving Illusions: Disease, Vaccines, and the Forgotten History, just made a bombshell appearance on The Joe Rogan Experience and what she shared will completely change how you think about vaccines. Most people are told vaccines are “safe and effective” with no real downside. But Dr. Humphries pulled back the curtain on decades of deception, starting with a major turning point in 1986—when President Reagan signed the National Childhood Vaccine Injury Act into law.

https://twitter.com/VigilantFox/status/1905055320449442103

Before that, vaccine manufacturers were getting hammered with lawsuits. Humphries explained that after the 1976 swine flu vaccine disaster, Guillain-Barré cases were piling up. It got so bad that the companies couldn’t even get insurance. They ran to the government and basically said: “Bail us out, or we’re done making vaccines.” So the government stepped in. First, it agreed to cover the lawsuits. Then came the 1986 law—sold to the public as a way to help injured families get compensation faster, but in reality, it became a kangaroo court system that rarely paid families deserving of vaccine injury claims. Companies like Wyeth (now Pfizer) admitted their vaccines were “unavoidably unsafe,” yet instead of making them safer, they were handed blanket immunity.

Humphries explained that this opened the floodgates for “creativity” by the vaccine makers. They could now play with adjuvants without fear of being sued. Profits soared, and the childhood vaccine schedule expanded rapidly. That freedom also meant cutting corners in safety testing. Most people assume vaccines are tested like other drugs—with placebo controls. But that’s not the case. Instead, vaccines are actually tested against other vaccines, which obscures negative outcomes. “The few studies that exist with saline placebos show how bad the vaccine actually is and how it makes you not only not respond to the disease when it comes around, but more susceptible to it in many cases,” Dr. Humphries explained.

When the conversation turned to polio, Dr. Humphries blew just about everyone’s mind on the internet. She challenged one of the most sacred beliefs in modern medicine: that vaccines eradicated polio. The truth is that polio wasn’t actually eradicated. “Polio is still here. Polio is still alive and well,” Dr. Humphries declared. It’s just that a few sleights of hand made the world believe otherwise. The real change that happened, according to Humphries, wasn’t the vaccine’s impact—it was the definition. “Polio is called different things today,” Humphries explained. “Whereas back in the 1940s, 1950s, the criteria for diagnosing polio were completely different to the year that the vaccine was introduced. The playing field, the goalposts—everything was changed… they were able to show a complete cascading drop of paralytic polio simply because of the way they changed the definitions of what polio is and what could cause it. After the vaccine rollout, cases that would’ve been diagnosed as polio were now labeled as Guillain-Barré syndrome, coxsackievirus, echovirus, or chalked up to lead or mercury poisoning.

https://twitter.com/VigilantFox/status/1905055665367986241

She also pointed to another key factor: environmental toxins. The rise in polio diagnoses, she said, mirrored the use of toxic chemicals like DDT. When the conversation turned to polio, Dr. Humphries blew just about everyone’s mind on the internet. She challenged one of the most sacred beliefs in modern medicine: that vaccines eradicated polio. The truth is that polio wasn’t actually eradicated. “Polio is still here. Polio is still alive and well,” Dr. Humphries declared. It’s just that a few sleights of hand made the world believe otherwise. The real change that happened, according to Humphries, wasn’t the vaccine’s impact—it was the definition. “Polio is called different things today,” Humphries explained. “Whereas back in the 1940s, 1950s, the criteria for diagnosing polio were completely different to the year that the vaccine was introduced. The playing field, the goalposts—everything was changed… they were able to show a complete cascading drop of paralytic polio simply because of the way they changed the definitions of what polio is and what could cause it.”

https://twitter.com/VigilantFox/status/1905056072642998351

After the vaccine rollout, cases that would’ve been diagnosed as polio were now labeled as Guillain-Barré syndrome, coxsackievirus, echovirus, or chalked up to lead or mercury poisoning. She also pointed to another key factor: environmental toxins. The rise in polio diagnoses, she said, mirrored the use of toxic chemicals like DDT. As use of neurotoxic pesticides like DDT, arsenic, and lead declined, so did toxic exposures that mimicked polio symptoms. Fewer kids were bathing in poisons that caused spinal nerve damage, so naturally, paralysis decreased. “The tonnage of production of DDT absolutely mirrored the diagnosis for polio,” Dr. Humphries explained. Even today, she added, “The countries that still make DDT… are where we’re still seeing this paralytic polio situation happen.”

And when it comes to the poliovirus itself? It’s not quite as harmful as people think. Humphries explained that polio is actually a “commensal”—a virus that lives in most people without causing harm. “95 to 99% of all polio is asymptomatic.” Dr. Humphries described a study of the Javante Indians, where “98 to 99% of every person they tested… had evidence of immunity to all three strains of polio,” yet none of the children were crippled. “They were like, ‘We don’t have any of that problem,’” she recalled. Dr. Humphries also cited a chilling story in history. In 1916, a Rockefeller lab in Manhattan set out with “the specific stated goal… to try to create the most pathological, neuropathological strain of polio possible.” Researchers injected monkey brains and human spinal fluid into monkeys.

https://twitter.com/VigilantFox/status/1905056279409651724

And that experimentation came with devastating consequences. “There was a big problem with that, which was [polio] released into the public by accident,” Dr. Humphries explained. “And the world experienced the worst polio epidemic on record. 25% mortality.” In short, Humphries argued that polio didn’t vanish because of vaccines. It disappeared under a mountain of redefinitions, environmental triggers, manmade disasters, and a lot of propaganda. Dr. Humphries also raised concerns about a link between vaccines and food allergies. “It’s very well known that the vaccines that have aluminum in them skew the immune system,” she said. Aluminum is added to many vaccines to make the immune system react more strongly. But when that reaction happens, the immune system can mistakenly target other things in the body, like food proteins.

For example, if a baby is exposed to something like peanuts or eggs around the time of vaccination, the immune system might mistakenly tag those foods as threats, potentially leading to a long-term food allergy. “So that’s kind of the paradox there [with vaccines],” Dr. Humphries explained. And then there’s mercury. Did you know that if a mercury-containing vaccine drops on the floor, “the HAZMAT people have to come and take that away”? Yet we inject it into 3-month-old babies.

https://twitter.com/VigilantFox/status/1905056642837643586

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RFK vaccines
https://twitter.com/ChildrensHD/status/1905757292546462177

 

 

Bhakdi

 

 

Cows
https://twitter.com/AMAZlNGNATURE/status/1905842442693186021

 

 

Maruay
https://twitter.com/Rainmaker1973/status/1905998384189854189

 

 

Lovebird

 

 

Ninja
https://twitter.com/Yoda4ever/status/1905721654350868674

 

 

Coral forest
https://twitter.com/buitengebieden/status/1905674058189975930

 

 

Tartaria
https://twitter.com/wakenminds/status/1905352502939099184

 

 

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