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Debt Rattle August 4 2026

Aug 042026
 
 August 4, 2026  Posted by at 8:52 am Finance Tagged with: , , , , , , ,  15 Responses »


Otto Dix The Triumph of Death 1934


• Trump Says Iran Faces ‘Decapitation’ If It Doesn’t Sign A ‘Good’ Deal (ZH)
• Trump Says US And Iran In Talks, Even If Tehran Denies It (TASS)
• Iran’s Regime Demands Full Control of Strait of Hormuz (Catherine Salgado)
• Truth Social Starts Selling Fast Access To Trump Posts (RT)
• Anthony Fauci, Our Own Wizard of Oz (Clarice Feldman)
• Fauci’s Worst Nightmare Is Fauci! (James Zumwalt)
• The Confession of Joe Biden (Turley)
• Everybody Knows (James Howard Kunstler)
• Don’t Be Fooled, What’s Going On Is an Invasion of Spain (Rebecca Downs)
• Kiev’s ‘Terrorist Plague’ Spreading Across Europe – Russian Embassy (RT)
• Manufacturing Index Reflects Continued Strong Growth – Highest in 4 Years (CTH)
• Javier Milei Just Proposed a Great Idea (Anderson)

 


 

https://twitter.com/real_EBS_/status/2083557271749959771?s=20

 


 


“When we talk we say ‘we’re talking’, if we’re not talking, when you ask me, ‘no we’re not talking’, I’ll say it. But we are talking right now, we’re talking, and we’re talking at the request of Iran..”

• Trump Says Iran Faces ‘Decapitation’ If It Doesn’t Sign A ‘Good’ Deal (ZH)

President Trump has told reporters in the Oval Office that the Iran conflict is “working out very well” and that this is Tehran’s “last chance to sign a good document”. On Hormuz, he said: “It has to be [free], I am not going to let them charge. If anybody is going to charge, we will charge, we are the ones … with a total control,” he said. “We have a thing called a blockade … No, no, there is not going to be charging. We are not talking about charging at all. There won’t be charging.”


On engaging Iran in talks even while the Iranians themselves insist they will not participate in any new talks:

“When we talk we say ‘we’re talking’, if we’re not talking, when you ask me, ‘no we’re not talking’, I’ll say it. But we are talking right now, we’re talking, and we’re talking at the request of Iran, backed by Saudi Arabia, backed by UAE, and backed by Qatar in particular, but others also, many countries called, many-the leaders of many, I’m friendly with a lot of them–This is a last chance, this is not something-if it doesn’t happen, this is a last chance for them to sign a… good document.”

Curiously, Trump is again insisting that when Iran says talks are off, they are lying…

Trump: Looking for Solution ‘Caused’ by Iran
President Trump on Monday issued a new Truth Social, perhaps trying to explain his latest weekend TACO move, accusing Iran’s leadership of being “unbelievably duplicitous,” claiming Tehran privately sought and sheduled talks while publicly insisting it is only dealing with Oman. He asserted that the Strait of Hormuz is already “completely controlled by the United States Navy” through what he called the “United States Wall of Steel,” adding that “nothing gets through to Iran” unless Washington allows it. Trump also insisted discussions toward a resolution are underway despite Iranian denials, while reiterating his bottom line: “IRAN WILL NEVER HAVE A NUCLEAR WEAPON!”

U.S. officials say that no novel negotiations are scheduled with Iran despite Trump’s statements, maintaining that ongoing talks are limited to indirect discussions via mediators involving envoy Steve Witkoff and Jared Kushner. – CBS. Trump is increasingly letting his frustration and ‘exasperation’ go public. This seems to only confirm that indeed there are no talks taking place at this point. The US president continues to insist that the whole crisis was “caused” by the Iranians “for decades” but that it is the US now looking for a “solution” – but Iran won’t play ball, after apparently ‘begging’ for talks…

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The US president said the sides are “talking of a solution to a problem” that Tehran have caused ..

• Trump Says US And Iran In Talks, Even If Tehran Denies It (TASS)

US President Donald Trump said that the United States and Iran are holding negotiations, even if Tehran does not publicly acknowledge it.”They ask for a meeting, some would say ‘beg’, talks begin, with more scheduled in the immediate future, and they say, openly and proudly, that they’re not having any discussions, that nothing is being talked about, and they’re only dealing with Oman,” he wrote on Truth Social. “Whether Iran wants to admit it or not, we are, in fact, talking of a solution to a problem that they have caused, for decades. It is very simple, IRAN WILL NEVER HAVE A NUCLEAR WEAPON!”
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“Mine-clearing is Iran’s sole responsibility,” he claimed, meaning the mullahs want the mines to remain where they are and terrorize ships.”

• Iran’s Regime Demands Full Control of Strait of Hormuz (Catherine Salgado)

Just before the end of July, an official of the terrorist Iranian regime once again insisted that the current conflict cannot end until and unless the U.S. concedes the murderous mullahs full and uncontested control—and likely toll power—over the Strait of Hormuz.


It is very important to understand that no matter how many times the Iranian regime says it is willing to look at a proposal from the United States in order to put off major strikes, that doesn’t mean the regime ever changes its core demands. Nor will it ever do so, because the regime is run by fundamentalist Muslims who believe that by waging endless jihad against the United States, they are triggering the coming of their Islamic messiah, the Mahdi.

Iranian Deputy Foreign Minister for Legal and International Affairs Kazem Gharibabadi gave an interview July 28 during which he laid out Iran’s demands. “We submitted a proposal to Oman regarding the Strait of Hormuz to establish a new lane that will be under Iranian control,” Gharibabadi said, according to a translation published on the Middle East Media Research Institute. “If this proposal is accepted, the strait will be opened; but if it is rejected, we are ready for a resumption of the fighting.”

U.S., of course, rejected the proposal. Despite what Gharibabadi said, Iranian forces have not succeeded in closing the strait to all commercial traffic, but they have made it impossible to get through the strait without the security that American troops are providing. And the Iranian strikes still occasionally hit or hinder ships.

Gharibabadi insisted, “The Strait of Hormuz will not revert to the pre-war arrangements, and this is the absolute policy of the [Iranian] regime.” He then griped about Americans trying to clear Iranian mines from the strait. “Mine-clearing is Iran’s sole responsibility,” he claimed, meaning the mullahs want the mines to remain where they are and terrorize ships.

Then Gharibabadi declared, “The Americans, in cooperation with Oman, created a southern transit lane within Omani territorial waters for ship traffic. Iran does not recognize this southern lane for even one hour, and the current round of fighting began precisely because of ships illegally passing through this lane.” Notice Gharibabadi fully admits the waters are Omani territory but still claims sovereignty over them. The Iranian regime is imperialist and lawless.

The ayatollahs aren’t interested in compromise. “The Omanis suggested planning a transit lane of which 50% would be under Iranian control and 50% under Omani control,” Gharibabadi noted. “We said that this does not dispel Iran’s apprehensions. Our demand is for complete Iranian control over the inbound lane and also over part of the outbound lane. If this proposal is rejected, no other proposal will be approved and the strait will remain closed.” That is, the terrorism will continue.

For 47 years, Iranian terrorists have attacked Americans and spread jihad around the world. It’s time to finish the job.

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The president sells access to his decisions. That won’t fly.

“The sudden strike call-off followed a week of threats that helped keep crude near $90 a barrel..”

• Truth Social Starts Selling Fast Access To Trump Posts (RT)

US President Donald Trump has teased new negotiations with Iran after abruptly calling off a major attack in a Truth Social post published on the same day that his media company began selling Wall Street firms millisecond-fast access to the platform’s market-moving content. Speaking to reporters aboard Air Force One on Sunday, Trump claimed that talks would begin on Monday and said several Middle Eastern governments had urged him to give diplomacy another chance.


“We’re just going to see whether or not we can make a deal,” Trump said, claiming that the canceled operation would have been the “biggest attack since World War II.”Last Monday, Trump claimed that “very friendly negotiations” with Tehran were already underway. Within days, however, the US had resumed bombing Iran, while Trump adopted increasingly aggressive rhetoric, promising to hit the country “very hard.”His administration declared US forces “locked and loaded” and prepared to unleash levels of military power not seen since World War II.

US media reported on Friday that Washington and Israel were preparing an extensive campaign against Iranian power plants, refineries and other energy infrastructure.The threats, combined with continued disruption to shipping through the Strait of Hormuz, helped sustain fears of a wider energy shock and propelled crude prices toward $90 a barrel. On Saturday, Trump abruptly called off the strikes in a Truth Social post, claiming that Iran and several regional governments had agreed to the outlines of a deal that would reopen the Strait of Hormuz and address Tehran’s nuclear program.

The sudden reversal triggered another sharp market swing when Asian trading resumed on Monday morning. Brent crude fell by more than 7% at the open, while West Texas Intermediate dropped 6.7% to $78.98 a barrel. US stock-index futures rose as traders priced in a reduced risk of further escalation and disruption to Gulf energy supplies.

August 1 was also the launch date of Truth API, a paid service operated by Trump Media & Technology Group that provides institutional customers with a licensed, machine-readable feed of posts from influential Truth Social accounts. The service is aimed specifically at high-frequency and algorithmic trading firms and reportedly costs as much as $100,000 per month. Trump Media says paying customers receive posts within milliseconds of publication, while market specialists have argued that the direct feed allows well-equipped firms to process announcements and execute trades much faster than retail investors relying on the public website or app.

Trump’s posts are particularly valuable because he routinely uses Truth Social to announce abrupt changes involving wars, tariffs, individual companies and other policies capable of moving stocks, currencies and commodities. The AP noted that policy reversals can be especially lucrative for high-speed traders, who can profit from an initial threat that moves prices in one direction and then rapidly change their positions when Trump announces the opposite.

Iran has previously accused Trump of publicizing purported diplomatic breakthroughs to lower oil prices and buy time for further military action. The latest pause also follows an established pattern: Trump has repeatedly announced that strikes against Iran were being suspended to allow negotiations, only for military operations to resume after talks faltered or new attacks occurred. Tehran had not publicly confirmed that any new negotiations with the US were scheduled, and rejected Washington’s claim to a role in determining the future of the Strait of Hormuz.

Iranian Foreign Minister Abbas Araghchi said negotiations with Oman over the waterway’s management were “nearing completion,” while Foreign Ministry spokesman Esmaeil Baqaei described the discussions as a bilateral matter that “does not concern any other party.” Baqaei said Iran and Oman were negotiating a new shipping route that would replace the existing northern and southern routes. He stressed that any agreement “does not mean that the Strait of Hormuz will be opened or remain closed,” contradicting Trump’s claim that the proposed deal would provide for its “immediate, complete and total” reopening.

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“We’ve been preparing all wrong for pandemics by imagining bureaucratic wizards will manage them best. ”

• Anthony Fauci, Our Own Wizard of Oz (Clarice Feldman)

This week, the Senate Homeland Security Committee subpoenaed Dr. Anthony Fauci to testify. The committee secured extensive daily logs he had prepared while at NIH heading up the COVID-19 response. (The committee still lacks almost 700 pages of these logs, all of which had been secreted on 11 different government servers until retrieved by Secretary Robert F. Kennedy, Jr.)


The contrast between what he wrote in his hidden logs and his public statements was extreme. To take but one example, he admits in the log that the six-foot distancing rule was just something made up. Here’s a video compilation of him emphatically promoting that very rule as if there were some scientific basis for it. As a reminder of the failures of the Fauci response to the virus, here’s Toby Rogers in 2024 documenting them:

By the end of the hearing, Fauci’s reputation, once burnished to a fine gleam by an adoring press, was vastly diminished:The Picture of Dorian Grey [sic] also comes to mind. Fauci guarded his reputation as a scientist just as Dorian guarded his seeming youth. To do so required a costly exchange. In both stories, the status of the soul (represented by the painting for Dorian) belies appearances. Nowhere could he have anticipated [snip] that he would be trapped in a chair in a Senate chamber, ashen and defeated, surrounded by silent lawyers, his accusers on all sides, pleading the 5th amendment 111 times. The wings completely melted. De profundis clamavi.

Classics professor Victor Davis Hanson sees the fall of Fauci as “a now all too familiar example of narcissistic and bureaucratic insiders who start with a classic rise only to fall into utter destruction.” He adds Fauci’s name to others like John Bolton, James Comey, and Jack Smith:Fueled by media flattery, and their over the top rhetoric, they posture as consummate “professionals.” These egomaniacs convince themselves they are our untouchable defenders of the established Washingtonian order, as supposedly sober and judicious custodians of the government. And when warned where they are ultimately headed, and to tread lightly, they instead interpret such sound advice as the jealousy of the envious.

In the current decade that arrogance is best manifested as crusading against public enemy number one, Donald J. Trump. So insidiously they up their Trump derangement rhetoric. They cite their titles and degrees as they vaingloriously skirt the law.

Finally drunk on leftwing media adulation, they delude themselves into believing that their megalomaniac behavior is exempt from any consequences. And then what? At the apex of their hubris, Nemesis strikes. And they fall hard by their own overweening arrogance. [snip] These unelected legends in their own minds confuse their enormous government granted powers at their disposal as bureaucrats with some sort of regal right that will exempt them from any consequences of their lawless arrogance.

And so soon they lie under oath to Congress, or call up Chinese generals to warn them about their own president, or sign patently false affidavits attesting that the Hunter Biden laptop was the work of the Ruskies, or tap senatorial phones—or almost anything that would ensure their inevitable fall from grace and utter humiliation. So too with the once celestial and now laughingstock Anthony Fauci (who once compared himself to Albert Einstein). The common denominator? The greater their arrogance, the harder they certainly fall.

You probably needn’t go back as far as Greek myth to explain what just happened. It’s as if Toto knocked over the screen and revealed that the Wizard of Oz was just a humbug. Dorothy could get back to Kansas only by tapping into her own potential. As Glinda the good witch said, “You had the power all along, dear.” And that’s the point Jeff Childers argues when he says we’ve been preparing all wrong for pandemics by imagining bureaucratic wizards will manage them best.

WHO, CDC and CMS, he argues, “framed pandemic response as a coordinated system with a ‘common operating picture.’ The whole world was enslaved to it. It all came from one delusional narcissist who was placed in charge.”Ours is a big and varied republic “fifty states, three thousand counties,” Childers reminds us.

Wherever some slight experimentation was allowed, individual states outperformed the baseline. Florida opened beaches and schools. Georgia reopened restaurants. Leftist fury ensued — “Georgia’s Experiment in Human Sacrifice” — but those states did better. We did not need them to be perfect. We needed them to be different. Difference is how science learns.

We’ve been preparing for pandemics all wrong. By anointing a single man to coordinate the world’s response, we instantly created a single point of failure. If that lone apex expert is conflicted, retarded, or worse, a malignant narcissist, then, well, we can all now see the result: The Fifth Amendment invoked for questions about tie colors.

In other words, what we needed most was room to conduct experiments. The CDC should have supported states and local governments trying different things, like ivermectin or hydroxychloroquine. There should have been no federal guidelines, no mandates, no vaccine incentives, no censorship, no indefinite shutdowns to flatten the curve.

Just give us the data. And maybe some money. Let us handle it.

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“Do a lot of grown men keep diaries? Fauci’s own narcissism came back to haunt him.”

• Fauci’s Worst Nightmare Is Fauci! (James Zumwalt)

It was an interesting display of contempt for Senator Rand Paul exhibited by Anthony Fauci: having initially agreed to testify before the committee chaired by Paul only to change his mind, Fauci was hit with a subpoena. The main focus of the inquiry was Fauci’s public and private contrary views concerning the COVID-19 pandemic’s origin. Fauci refused to testify, claiming the Fifth Amendment—a plea which Paul reported to be invalid.


Paul opened the hearing with a list of reasons why a subpoena mandating Fauci’s testimony on the matter was warranted. He stated millions of American lives were lost due to COVID-19; that the American people had a right to know why dangerous research was funded by NIAID in a foreign country’s lab that lacked acceptable safety standards; and why Fauci steadfastly held to the public position the pandemic was not an accidental release from China’s Wuhan lab but a natural evolution. He did so while privately holding “a mountain of evidence” supporting the former—later even acknowledging it in his diary—over the latter.

(Since Fauci’s pardon is inapplicable to state crimes, some states like Florida are exploring prosecution to get at the truth. While Fauci would obviously still take the Fifth, the pardon would not shield him from prosecution and accountability.)

In making his opening statement detailing his past testimonies, Fauci ended his comments with the following allegation: [G]iven Senator Paul’s obvious obsession with calling for my prosecution, his repeated slanderous comments about me, and recently his publicly releasing my unredacted personal diary aimed at embarrassing and intimidating me, the only conclusion I can reach is that the sole reason he is calling me before this Committee is to get me to say something, anything that could vindicate his repeated public pledges that I end up in his words, ‘Behind bars.’

[snip] [A]lthough it pains me to do so because of the respect I have for the legislative branch of government, and my decades-long record of cooperating with Congress, under the advice of my attorneys, I will invoke my right under the Fifth Amendment of the Constitution to refrain from answering your questions.

Fauci’s accusation was show rather than substance. He sought to hide the real reason for refusing to testify. But first, it is worth exploring the fate Fauci’s attorney, David Schertler, suffered during the hearing.

It had been made clear to Schertler he should not sit at the witness table with Fauci or in any way disrupt the hearing. However, he did sit with Fauci and later sought to speak. Paul’s repeated warnings to Schertler fell on deaf ears, and Paul finally ordered the attorney’s removal by security—an action many of those present applauded.

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“Biden gave Hur a virtual confession, and Hur gave him a pass.”

• The Confession of Joe Biden (Turley)

For years, former President Joe Biden has fought to prevent the release of tapes acquired by former special counsel Robert Hur in his investigation. After those efforts collapsed this month, it became clear why Biden and his aides were so determined to keep the public from seeing the evidence. In addition to showing Biden’s mental diminution even before he was elected president, the tapes show that Biden effectively confessed to the crimes Hur would later excuse on the grounds of his mental infirmity.


Biden’s interviews with his biographer, Mark Zwonitzer, conducted four years before he would be elected president, show that Biden was already having trouble remembering names and dates. Hur was tasked with determining whether Biden had committed the same crimes that led later to charges against President Trump — retaining classified material, mishandling such material, and related crimes. It turns out that Biden had already admitted to these alleged crimes, years before the documents were found in various offices and the garage of his home.

I wrote for years about Biden’s absurd denials after files were found in offices where he was working on his book. There was also evidence that the material had been divided, distributed, and transported between different locations. Despite all the evidence of knowledge and use of the classified materials, Biden and his aides suggested that no one had been aware of its removal and repeated transfer. In the meantime, after the raid on Mar-a-Lago to search for classified material removed by Trump, the Justice Department granted Biden and his team every possible accommodation.

Then came the searches of his home, with the pictures of files in his garage, office, and other locations. These included clearly marked classified material. Hur then issued his report, concluding that there was evidence of the crimes, but that he would still not charge Biden as Special Counsel Jack Smith had done with Trump. The report stated that “President Biden willfully retained and disclosed classified materials after his vice presidency when he was a private citizen.” It further stated that the clearly marked classified material was “stored in unsecure places” and posed a risk of “serious damage to America’s national security.”

For his part, Biden was defiant and, when confronted about the documents, insisted that “They’re mine,” and that other presidents had done what he did. This was the same president who condemned Trump for retaining classified information. Biden mocked Trump’s defense and asked CBS 60 Minutes how “anyone could be that irresponsible.”

We now know that Biden himself was that irresponsible, if not more so. Biden not only kept classified material longer and in even less secure locations, but he did nothing to protect the material as he attacked Trump over Mar-a-Lago. Nevertheless, Hur declared that he would not bring a single charge because Biden “would likely present himself to a jury, as he did in our interview of him, as a sympathetic, well-meaning elderly man with a poor memory.” The tapes show Biden struggling to give answers even before he announced his candidacy for the presidency, despite denials from key aides such as Jen Psaki and Karine Jean-Pierre.

However, Hur had actual tapes showing that Biden had clear memory and knowledge of his retention of classified material. Combined with Biden’s later public statements, the combination would have been deadly at trial. In the interview, Biden read “nearly verbatim” from notebooks containing sensitive national security and foreign policy information, according to Hur. On the tapes, Biden is heard saying, “So this was, I early on, um, in ’09 I just found all the classified stuff downstairs.” At another point, he states, “Some of this may be classified, so be careful with it.” He repeatedly mentions that some of the items in his office and home may be classified.

He even brags to his ghostwriter, in a report made on Oct. 10, 2016, that “I have extensive notes over this period of time … They didn’t know I have this.” Once again, the Justice Department had already declared and defended in court the idea that such removal and retention of classified material did constitute a federal crime by a president, let alone a vice president. Where Trump acknowledged his retention of classified material and agreed to security measures that the FBI requested, Biden did not inform anyone of his classified materials and kept them in his garage long after the Mar-a-Lago raids.

Meanwhile, in public, he expressed shock that any president would act as recklessly as Trump. It is hard to see how any of that would present “a sympathetic, well-meaning elderly man with a poor memory.” It sounds more like a cynical, shrewd politician with poor ethics. It also sounds like it would have been a strong foundation for a prosecution. For many, the tapes will reinforce the view of a two-tier legal system, long maintained by the Justice Department, whereby key Democratic figures including Hillary Clinton and Joe Biden were given favorable treatment while others were indicted for similar conduct.

What is truly galling for some of us is that Biden knew all of this when he went public to attack Hur for suggesting that he had knowingly retained classified material and showed diminished mental faculties— at one point forgetting when his son Beau died. Biden savaged Hur at the time for raising this issue, famously demanding, “How the hell dare he raise that?” Even that was a lie, because it was Biden who had raised Beau’s death in the interview.

After the report, Biden was still denying that he had retained classified material, even though he had discussed that classified material with his ghostwriter years earlier and had admitted as much to Hur. But before the public, Biden declared, “I’ve seen headlines since the report was released about my willful retention of documents. This assertion is not only misleading, it’s just plain wrong.”The record is now largely complete. So is the inescapable conclusion: Biden lacked clarity on most everything but his alleged crimes. His deception and culpability were established in both the Zwonitzer and Hur interviews. Biden gave Hur a virtual confession, and Hur gave him a pass.

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“I underestimated how emotionally committed much of the press is to rallying around Anthony Fauci. His reputation is more important to them than anything. . .” —Matt Taibbi

No Matt, it’s about their own reputation..

• Everybody Knows (James Howard Kunstler)

The baleful afterburn of Dr. Fauci’s one-sentence testimony (“On the advice of counsel, I respectfully decline to answer. . . .”) seeps over the land like some ghastly pestilence now. You couldn’t have seen a more vivid demonstration of manifest evil than the master bureaucratic grifter formerly self-styled as “The Science” stonewall his way through that fateful reckoning in Sen. Rand Paul’s committee hearing last Wednesday.


The score so far: over a million dead in America from the Covid-19 virus that Dr. Fauci helped develop starting as far back as the 1990s, with Dr. Ralph Baric of the University of North Carolina. Tens of thousands left with serious, lasting injuries from the vaccines they promoted. The exact number of vaccine-connected deaths unknown because the public health agencies refused to report honestly on an operation that they caused to happen. There are whole legions of high officials and doctors behind Dr. Fauci now desperate to cover their asses.

Along with the mendacious news media. HHS Sec’y Robert F. Kennedy, Jr. happened to be on Dana Bash’s CNN Sunday morning program. By the way, Dana Bash used to be married to one Jeremy Bash, Chief-of-Staff to CIA-Director Leon Panetta under Barack Obama. CNN lied consistently to the American people during the years of the Covid emergency. You have to wonder if CNN takes direction from the CIA, or maybe rogue elements in (or retired from) the agency. Sunday, Dana Bash went on offense against RFK,Jr.

Didn’t work. RFK, Jr. kept his cool. The harshest thing he said to Bash through all her hectoring was “you were part of the problem,” a startling understatement. Ms. Bash otherwise only wrecked herself, over-speaking her guest at every opportunity, pettifogging, and filibustering. Everybody could see what she was up to. Imagine how desperate CNN was to think that Dana Bash could bluster her way over Mr. Kennedy. He helped her expose herself as a tool.

The news media has been a very active co-conspirator in the Covid operation. You’d think Senator Paul might want to subpoena some network executives from CNN, CBS, NBC, MSNOW (especially), plus Executive Editor Joe Kahn of The New York Times (and his predecessor during Covid, Dean Baquet) to find out why they reported so much pure falsehood around the so-called pandemic. How did they happen to become the propaganda department for the Democratic Party, and what was the party’s interest in the Covid operation? D’unh. . . .

Everybody knows. Even the super-hyped-up cat ladies, nose-rings, NPR stars, and moiling transsters of the lefty-left know. They have kin and friends who either died on respirators with IV lines of remdesivir in their arms, or were gifted by the vaxx shots with turbo-cancer or myocarditis or neuromuscular disease or immune system failure or some mystery illness. They have been harmed even more than those of us who declined to get vaxxed. Sooner or later, that’s got to mean something.

As for Dr. Fauci’s motive in this huge fiasco. . . it’s got to be clear both from the record of his career — nicely reported in RFK,Jr’s 2021 book The Real Doctor Fauci — and from the 1000-plus-page personal diary he recorded on the HHS computers, that Fauci was doggedly in pursuit of glory. Glory! And that his personal holy grail was to find a “universal vaccine” that could defeat any virus, so as to be acclaimed by all mankind! Glory! Glory! Glory!

Given what is understood now about viruses and their interaction with vaccines — for instance, the flu vaccine which uniformly fails to adapt to annual virus mutations — that Dr. Fauci’s quest was quixotic, very basically foolish. All he ever produced, from the AZT wonder-drug for AIDS he developed back in 1986 (that probably killed as many people as died from the disease itself) to the Pfizer / Moderna mRNA shots for Covid in 2021 . . . all that frantic, questing “science” just ended up killing and harming the credulous in large numbers. The buttoned-up little fellow appears to be guilty of mass-murder on an epic scale.

Of course, he is presumed to be protected by the autopen-signed peremptory pardon he received from minions of “Joe Biden.” Perhaps Dr. Fauci’s invoking the Fifth Amendment under those circumstances will prompt an overdue look at just how this autopen thing really worked. In any case, Dr. Fauci is liable to be voted in contempt of Congress this week for not answering any questions put to him. The connected legal procedure will keep Dr. Fauci’s misdeeds under public scrutiny for at least months to come.

It’s also a fact that the autopen pardon does not shield him from charges brought in state courts. The AGs of Florida, Louisiana, Alabama have declared investigations. Louisiana and Missouri have already made Dr. Fauci sit for depositions, and now they can compare his answers with the entries from his diary. It is obvious that on countless occasions and on many vital issues, Dr. Fauci told the public one thing while he believed (and recorded) the opposite in his diary.

One question that the public badly wants Secretary RFK,jr. to answer: how come you haven’t pulled the mRNA Covid vaccines altogether? They don’t work and they harm people. Why are they even still available? Would such a move amount to an admission that the whole emergency was a fake and a failure? And that the government’s own public health agencies are culpable? Would the survivors of the 268-million Americans who got the shots be a little pissed-off? What, then?

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The beginning of the end of open borders.

• Don’t Be Fooled, What’s Going On Is an Invasion of Spain (Rebecca Downs)

The consequences of “an ongoing invasion” from military-aged men into Spain played out in real time on Thursday, as Tony Kinnett covered on “The Tony Kinnett Cast.” Men were streaming past gates and into the Spanish territories of Ceuta and Melilla, which border Morocco. By Friday, blood was in the streets, while invaders were breaking off parts of gravesites to attack citizens and police. Cars were also on fire.


Kinnett spoke to how “thousands of military-aged men, not packs of desperate women and children, not the elderly, military-aged men… are streaming over the border into the country and… invading people’s homes in Spanish territory.” There was even footage of one man confirming he was under investigation for murder in Morocco, which contradicts claims that such individuals are seeking “economic opportunity” and “a better life.”

“It’s not over,” Kinnett shared at the start of Friday’s broadcast, in light of claims many had returned to Morocco. “Now if there is an invasion that is over… usually you do not see people continuing to do the invading,” he added as men climbed over fences. Kinnett likened the invasion to the open borders under President Joe Biden. “Just one administration ago, you saw under Homeland Security Secretary Alejandro Mayorkas… the same kinds of mass migration into the country,” Kinnett reminded, about which Mayorkas couldn’t even be truthful.

President Donald Trump has called out the risks of unfettered immigration, while Democrats have been “insane,” Kinnett said.

The situation was so dire it necessitated leaders from Ceuta, on left and right, calling on Prime Minister Pedro Sánchez for assistance. When Sánchez “finally” addressed the situation on Thursday, he claimed that “the government of Spain is fully committed to providing an immediate response to the situation” and were “mobilizing all necessary resources, working with Moroccan and international authorities, and preparing the necessary measures to restore normalcy as soon as possible.”

Kinnett also noted Sánchez had previously defended open borders as “compassion” and “empathy.”As Kinnett pointed out on Friday, the prime minister “was heckled immediately” in Spain. On Friday, Sánchez “for the first time” acknowledged that “what has happened is an attack on Spain’s territorial integrity” and “deserves our most resounding and energetic condemnation.”

Kinnett noted it was “an interesting line” that Sánchez said “the government of Spain stands with the autonomous city,” with Ceuta being Spanish territory, given federal law still applies there. But he’s saying autonomous as though this is somehow some extra nicety that he’s laying around. Maybe, maybe the socialists have a point that really these territories should be ceded to Morocco.”

The situation in Spain has become so bad that European neighbors could ignore it no longer and have tightened borders. “As a result… it should be very clear here that other nations in Europe have responded by reinforcing their borders,” Kinnett said, despite how there is free travel between the European Union countries. This includes the leaders of Italy, Austria, and even France, “because of this migrant crisis.”

Read more …

I find terrorism a strange complaint when you’re at war.

• Kiev’s ‘Terrorist Plague’ Spreading Across Europe – Russian Embassy (RT)

Ukraine’s “terrorist plague” is spreading across Europe, the Russian Embassy in Italy has claimed, accusing Kiev of orchestrating the deadly bombing of the Balzi Rossi restaurant in central Moscow. An improvised explosive device detonated outside the Italian restaurant on Kudrinskaya Square on Saturday evening after an unidentified woman allegedly attempted to carry it inside. The security guard who stopped her at the entrance was killed in the blast, along with the courier and at least three patrons attending a private event. Almost two dozen others were injured.


The National Antiterrorism Committee has not publicly identified any suspects or linked the attack to Ukraine, another state or any particular organization, while no group has claimed responsibility. In a statement on Sunday, the Russian Embassy in Italy claimed that the “bloody tentacles of Zelensky’s terrorist gang” had chosen Balzi Rossi partly to frighten foreigners working in Russia. It described the “Kiev regime” as “another emanation of Al-Qaeda and Islamic State” and accused Western officials who continue to fund and arm Ukraine of enabling terrorism.

“It has now become completely clear that the explosion at the Balzi Rossi restaurant and other terrorist attacks in Russia, Monaco and elsewhere show that the Ukrainian terrorist plague is already spreading across Europe, and particularly Italy,” the embassy said.Moscow Mayor Sergey Sobyanin described the explosion as a “brutal terrorist act” and vowed that those responsible would be found and punished. Russian officials have not announced any arrests or disclosed a suspected motive, but the embassy’s allegations follow several previous bomb attacks for which Moscow explicitly blamed Ukrainian intelligence services.

Russian journalist Darya Dugina was killed in August 2022 after a bomb was planted in her vehicle. Russia’s Federal Security Service accused Ukrainian special services of organizing the assassination and identified Ukrainian national Natalya Vovk as the alleged perpetrator. According to the FSB, she fled to Estonia and has since vanished from public view. A bombing that killed military blogger Vladlen Tatarsky in St. Petersburg in April 2023 bore a more direct resemblance to the Balzi Rossi attack. Darya Trepova carried an explosive device disguised as a statuette into a café where Tatarsky was addressing an audience and presented it to him as a gift.

The device exploded shortly afterwards, killing Tatarsky and injuring dozens of people.= Russian investigators concluded that Trepova had acted on instructions from handlers in Ukraine. She maintained that she had been deceived and believed the statuette contained a listening device rather than a bomb, but a court convicted her of terrorism and sentenced her to 27 years in prison. Kiev never formally admitted involvement, but its former military intelligence chief, Kirill Budanov, later hinted that his agency was behind several high-profile killings inside Russia and promised to “keep killing Russians anywhere on the face of this world.”

Terrorism beyond Russia
The June 29 bombing in Monaco cited by the embassy also involved a woman allegedly recruited by a Ukrainian military intelligence network, according to Russian law enforcement sources. In that attack, a backpack containing an improvised explosive device packed with shrapnel was placed outside a residential building and detonated remotely, injuring Ukrainian businessman Vadim Ermolaev, his partner and her 13-year-old son.

The suspected courier, Anastasia Berezovskaya, fled to Ukraine before Interpol issued a Red Notice for her arrest. She was later found shot dead and buried near Kiev. Ukrainian authorities detained two men in connection with her killing, including Vitaly Zhikovich, whom Russian law enforcement sources described as a serving colonel in Ukraine’s military intelligence agency. Recordings obtained by RT captured Zhikovich discussing plans to recruit unsuspecting civilians, including women and minors, to transport explosives, sometimes without knowing that they would be killed when the devices detonated.

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A reminder that the US economy is not doing as bad as the likes of CNN want you to think.

• Manufacturing Index Reflects Continued Strong Growth – Highest in 4 Years (CTH)

What we can take away from the Institute for Supply Management (ISM) index on manufacturing: overall, the U.S. manufacturing sector is continuing to expand significantly. The current index of 55.6 percent in July is 2.3 percentage points above the June figure and the highest reading since May 2022 (55.9 percent), when we were trying to recover from the COVID-19 shutdowns and supply chain problems.


PMI – The overall economy continued in expansion for the 21st month in a row. (A Manufacturing PMI® above 47.5 percent, over a period of time, generally indicates an expansion of the overall economy.) The New Orders Index expanded for the seventh consecutive month after four straight readings in contraction, registering 56.7 percent, up 0.7 percentage point compared to June’s figure of 56 percent.

The July reading of the Production Index (58.5 percent) is 6.3 percentage points higher than the 52.2 percent recorded in June and the highest figure since November 2021 (60.5 percent). The Prices Index remained in expansion (or ‘increasing’ territory), registering 71.1 percent, a 1.9-percentage point decrease from June’s reading of 73 percent. The Backlog of Orders Index registered 55 percent, up 4.5 percentage points compared to the 50.5 percent recorded in June.

The Employment Index reading of 52.8 percent is up 3.1 percentage points from June’s figure of 49.7 percent, putting the index in expansion territory for the first time in 33 months.” (source)All that data and a couple of bucks will buy you a cup of coffee, but here’s what it means in common speak. Overall, companies wanting to make products in the United States are expanding the manufacturing sector. However, they are running into a problem when trying to source the component goods and/or raw materials. The resource goods they need are constantly in a status of flux and the prices are unstable.

For large companies their supply chain management can deal with the short inventory issue through various sourcing networks using multiple suppliers. However, for smaller companies this is frustrating. The manufacturing system is a network of complex suppliers who make component materials needed for the core product. In order to get really successful, the smaller manufacturing component goods need to start up inside the USA just like the larger companies who are producing a finished product.

This is why even during a manufacturing surge we end up importing a lot of goods on the front end of the transition. Absent a domestic supplier, industrial component products are heavily imported in order to manufacture the finished durable good.

It takes time, well, technically its never been tried – so, no one is sure, but it takes time for all of the component manufacturing to establish inside the USA in order to feed the component parts to the various manufacturers who depend on the sub-sourcing. This is the period we are in at the moment, and prices are fluctuating as people try to get their arms around costs here and abroad.

The 15 manufacturing industries reporting growth in July — listed in order — are: Printing & Related Support Activities; Apparel, Leather & Allied Products; Electrical Equipment, Appliances & Components; Primary Metals; Nonmetallic Mineral Products; Transportation Equipment; Miscellaneous Manufacturing; Textile Mills; Machinery; Computer & Electronic Products; Food, Beverage & Tobacco Products; Wood Products; Plastics & Rubber Products; Furniture & Related Products; and Fabricated Metal Products. The only industry in contraction was Chemical Products.

[…] Commodities Up in Price Acrylonitrile Butadiene Styrene (ABS); Aluminum* (32); Copper (13); Corn; Corrugated Products (4); Electrical Components (2); Electronic Components (7); Freight (5); Fuel* (5); Integrated Circuits; Memory Components (5); Metal Products (4); Ocean Freight (3); Oil Based Products (4); Paper Products (4); Plastic Based Products (4); Plastics (5); Printed Circuit Boards; Resin Based Products; Resins (6); Semiconductors (2); Soybean Meal; Steel (9); Steel — Cold Rolled; Steel — Hot Rolled (7); Steel — Stainless (6); Steel Products (8); and Sulfur Products (4).

Commodities Down in Price Aluminum*(2); Fuel* (2); and Polypropylene Resin (2).

Commodities in Short Supply Aluminum; Copper; Electrical Components (13); Electronic Components (17); Integrated Circuits; Memory (7); Oil Based Products; Printed Circuit Boards; Rare Earth Components; Semiconductors (5); Steel; Steel — Hot Rolled (2); and Tungsten Products.

The blue-collar jobs are expanding significantly. There is massive upward pressure on wages for blue collar workers as the manufacturing sector continues to expand.

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It’s Warren Buffett’s idea, and he wasn’t the first either.

• Javier Milei Just Proposed a Great Idea (Anderson)

Javier Milei has done great things for Argentina — and honestly, the entire region — and will continue to do so, but I have to admit that his latest proposal left me weak in the knees. He’s calling it the grillete fiscal or the “fiscal shackle,” and it’s part of a larger reform of the Central Bank’s charter that he’s sending to the country’s Congress, possibly for a mid-to-late-August vote.


Essentially, if the Argentine national government runs a fiscal deficit for several months in a row, the Congress receives a warning that it has a matter of weeks to fix it. If it doesn’t hit the deadline, the “shackle” activates automatically, and the political class will be the ones impacted. Here’s what happens:

1. Non-essential government functions are suspended (hello, government shutdown).

2. All new spending is frozen and will not be authorized until the problem is resolved.

3. No new contracts can be awarded.

4. No new public-sector employees can be hired.

5. Discretionary transfers to the provinces are halted.

And last but not least, the best part:

6. The salaries of the top politicians stop completely. The vice president, ministers, secretaries, undersecretaries, national senators, national deputies, and even El presidente himself will not receive a dime of taxpayer money until they solve the problem.

Of course, essential services will remain protected. “For the first time in our history, if politics doesn’t do its homework, politics will pay the cost — not the people,” Milei said during a national broadcast last week, during which he introduced the proposal. My question is why the heck isn’t every national government in the world doing this? More specifically, my question is why doesn’t the United States do this? (I know the answer.)

We do have our fair share of government shutdowns when Congress can’t get its act together, but the everyday people who work for the federal government are the ones who suffer and are often furloughed without pay, while those same members of Congress continue to receive their salaries.

Now, I will point out that in May of this year, Sen. John Kennedy (R-La.) sponsored a resolution that would make it so that our senators are not paid in the case of a government shutdown. It had bipartisan support and was unanimously approved. It states that these senators’ salaries are withheld and released once a shutdown ends. That will take effect the day after the November 2026 elections and only applies to the Senate, not the House.

While that’s progress, it looks weak compared to what Milei has proposed. Now, his biggest hurdle is getting these legislators whom it impacts to actually vote for it. Milei’s La Libertad Avanza party has the largest bloc in the Chamber of Deputies after the 2025 midterms, but it doesn’t have an outright majority. It’s ambitious, but it’s not impossible, and if it does pass, I hope the U.S. will take note, though I’m not holding my breath.

Read more …

 

 

 

 

 

 

 

 

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Debt Rattle May 22 2026

May 222026
 
 May 22, 2026  Posted by at 9:25 am Finance Tagged with: , , , , , , , , , , , , ,  22 Responses »


Evelyn De Morgan Night and Sleep 1878


• Iranian President: Won’t Back Down (ZH)
• Ayatollah Orders Highly-Enriched Uranium To Remain In Iran (ZH)
• Trump Posts Article Laying Out How To Crush Tehran In Three Moves (ZH)
• Elon Musk Wants a Trillion-Dollar Payday, but There’s One Little Catch (Green)
• SpaceX Files For Nasdaq IPO Under Symbol SPCX (ZH)
• Is This the Beginning of the End for John Fetterman? (Matt Margolis)
• The DNC 2024 Autopsy Is Here, and It’s a Disaster (Amy Curtis)
• What Really Happened in Virginia’s Redistricting Case (Von Spakovsky)
• Vance Urges UK Patriots To Defend Their Culture Against Starmer (MN)
• ‘Russians Ready For Conversation’ With Europe — Kremlin (TASS)
• Europe Seeks To Block Any Talks On Ukraine Settlement — Russian Diplomat (TASS)
• Russia Holds Massive Nuclear Drills On Land, Sea And Air (ZH)
• Irrelevant Europe (J.B. Shurk)

 


 

https://twitter.com/bennyjohnson/status/2057129253444202498?s=20 https://twitter.com/elonmusk/status/2057337929589039126?s=20

 


 


Are they imitating themselves, or Trump?

• Iranian President: Won’t Back Down (ZH)

Iranian President Masoud Pezeshkian has stated, “We will not bow our heads, our ministers and experts are working day and night, without a single day off.” He added, per state sources: “We are willing to sacrifice as much as possible for the honor and pride of Iran, and we are not afraid of martyrdom.” And just like that… Markets reversed earlier gains as Iran’s President said on state TV that they won’t back down in talks. The momentum then picked up when a “high-level source” told Al-Arabiya that the Pakistani Army Chief will not head to Tehran tonight.


The Pakistani were supposed to head to Iran only when the reach of an agreement was in sight, so this kind of denies the earlier reports of a US and Iran draft agreement. US stock indices erased more than half of earlier gains. We’ve seen the same reaction in oil, FX and bond markets but now they are consolidating. Still, Al Jazeera is reporting that “negotiators are very close to reaching a deal, and are currently working on a draft text. At the same time, another source told Al Jazeera that it is too early to judge whether a serious, final agreement is within reach.”

IRNA has cited a Pakistani official who says the talks are “moving in the right direct” – though it’s anyone’s guess at this point. The prior reported draft did not take up the nuclear issue. Trump continues to press the nuclear issue. US President Donald Trump has again pledged to seize Iran’s stockpile of highly enriched uranium as part of any agreement over Tehran’s nuclear program.

“Look, we’re going to make sure they don’t have a nuclear weapon or we’re going to have to do something very drastic. I believe when it’s put to the people of our country, they will all agree we cannot let Iran get a nuclear weapon,” Trump told reporters at the White House. Asked whether Iran could retain its enriched uranium, Trump replied: “No, we will get it. We don’t need it, we don’t want it, we’ll probably destroy it after we get it. But we’re not going to let them have it.”

Read more …

Russia’s the best we can do for him. If Trump agrees.

• Ayatollah Orders Highly-Enriched Uranium To Remain In Iran (ZH)

,The illusion of a grand diplomatic breakthrough in the Middle East is once again colliding with reality. The White House has been busy trying to paint a picture of a total capitulation by Tehran, which hasn’t been demonstrated given its consistent position defying Washington’s demands on the nuclear issue. According to two senior Iranian officials speaking to Reuters, Iranian Supreme Leader Mojtaba Khamenei has drawn a hard line in the sand, ordering that Iran’s stockpile of uranium enriched to 60% remain strictly inside Iranian territory.


Reuters underscores that “Ayatollah Mojtaba Khamenei’s order could further frustrate U.S. President Donald Trump and complicate talks on ending the U.S.-Israeli war on Iran.” “Israeli officials have told Reuters that Trump has assured Israel that Iran’s stockpile of highly enriched uranium, needed to make an atomic weapon, will be sent out of Iran and that any peace deal must include a clause on this,” the report continues.The officials noted that within Tehran, there is deep suspicion that the ceasefire is in fact “a tactical deception by the US,” designed to lull Iran into a “false sense of security… before the fighting resumes.”

The fresh directive from from the supreme leader flies directly in the face of the narrative being spun by Washington and Tel Aviv, given Israeli officials maintain that President Trump explicitly promised Israel that Iran’s highly enriched stockpile would be completely removed from the country as part of any negotiated settlement. Trump has also recently proclaimed this publicly, for example in a phone interview with CBS News last month, wherein he confidently proclaimed that Iran “agreed to everything” and would cooperate fully to ship its enriched uranium out of the country.

Extraction of nuclear material would of course rely heavily on the assumption of total Iranian compliance, given Trump has also lately appeared to rule out out a hostile invasion force, stating, “No. No troops.” There seems to be widespread agreement among national security officials at this point that some kind of special forces op to covertly go in and take it would be tantamount to a ‘suicide mission’. According to more of what Trump (prematurely) proclaimed in the prior CBS interview: “Our people, together with the Iranians, are going to work together to go get it. And then we’ll take it to the United States.” The reality is all along the two sides’ positions have been very far apart, and largely unbending:

And on a potential deal: “We’ll be getting it together because by that time, we’ll have an agreement and there’s no need for fighting when there’s an agreement. Nice right? That’s better. We would have done it the other way if we had to” – he sought to explain. At the moment, Iranian officials are reportedly reviewing the latest updated US proposals for peace, having reportedly asked Pakistan for time to assess and study the American points for negotiations.”

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I don’t quite get it. The date on that is May 1. What gives?

• Trump Posts Article Laying Out How To Crush Tehran In Three Moves (ZH)

President Trump on Thursday posted to Truth Social a New York Post article which was first published over two weeks ago, on May 1st, with the headline “Here’s how to crush Tehran in three moves.” Trump’s new social media post, issued without additional comment, comes just after news of Iranian Supreme Leader Mojtaba Khamenei having drawn a hard line in the sand, ordering that Iran’s stockpile of uranium enriched to 60% remain strictly inside Iranian territory. So now the world awaits what’s next at a moment the White House has renewed threats of massive military strikes if Iran doesn’t quickly come to the table and conform.

The NY Post article had straight-faced and without a hint of intended irony proclaimed: “President Trump has the upper hand.” That statement was issued on day 63 of Trump’s Iran war. Today is day 83. What did the interim look like as the world’s most powerful military force has been unable to reopen the Strait of Hormuz, amid constant threats to take new, bigger military action – but which never actually materializes (at least not yet) no matter how many times the Iranians reject Washington’s terms?

The below timeline and outline, stretching from last week into this one, basically illustrates the weekly Trump pattern that’s been on display going back many weeks at this point:

Wed: Iran wants a deal. They called us
Thu: We are looking at proposals
Fri: We might be close. Very close
Sat: Iran knows what to do
Sun: OBLITERATION. TOTAL. COMPLETE. They have 24 hrs.
Mon: The storm is coming
Tue: I’m giving it more time

This is what ‘winning’ looks like according to the NY Post, apparently. The publication also feels itself in a position to give ‘advice’ and guidance to the White House on executing a war. “His best path forward is to pursue three lines of effort in parallel,” author Richard Goldberg (of Foundation for Defense of Democracies) wrote. It must be remembered that very recently a former senior official from FDD Action, the think tank’s lobbying arm, joined Trump’s Iran negotiating team – his name is Nick Stewart.

Here are the three:
• Sustain the blockade and accompanying economic warfare to destabilize the regime’s hold on the state;
• Remake the world in America’s energy dominance image to mitigate long-term price impacts while undermining China’s global ambition to defeat the United States;
• Order the US military to forge a path through the Strait of Hormuz to restore freedom of navigation on our terms not Tehran’s.
…if only simply ordering a military “path through” was that easy!

“You might call the latter Operation Epic Passage — a combined naval and air mission of self-defense that offers escort to tankers and restores freedom of navigation, all while making clear to Tehran the devastating consequences of breaking cease-fire,” Goldberg, who openly boasts of his close ties to the Israeli government, also wrote. He further offered the mission name of “Blockade Plus”. After the opening days and weeks of Operation Epic Fury, when it became clear that the large-scale US and Israeli bombardment would not produced regime change in Iran, pundits widely questioned whether the Trump White House actually had a plan, or long-term strategic vision for the military mission.

And now, after more than 80 days in, the public gets Trump posting a NY Post article by a hawkish FDD writer, which seems more focused merely on ways to mitigate the blowback and ‘make the best’ of a failed regime change operation, in the wake of the administration’s constantly evolving stated goals.

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“..more than one billion Class B shares when and if the company establishes “a permanent human colony on Mars with at least one million inhabitants,”

How long do you think it will take to get one million people living on Mars? Will Musk live to see it?

• Elon Musk Wants a Trillion-Dollar Payday, but There’s One Little Catch (Green)

The world finally got a peek at SpaceX’s closely held financials, after Elon Musk’s closely held space launch company filed for its initial public offering on Wednesday — and the details made a bigger splash than one of the company’s Starships making an uncontrolled water landing. The first shocker is that Musk’s salary last year was just $54,000. That’s about the same as a new human resources assistant or an apprentice electrician. That’s the only small figure you’ll see in the rest of this column because after this, the zeros get added on in a hurry. You know what? Forget the tease, and let’s go straight to the biggest figure.


In SpaceX’s nearly 400-page S-1 filing with the U.S. Securities and Exchange Commission, the company projects a Total Addressable Market (TAM) of $28.5 trillion. That’s a two and an eight and a five followed by 11 zeros. TAM is business jargon for “What’s the size of our market if everybody who needed our product or service actually bought our product or service?” SpaceX’s TAM includes launch customers, Starlink users, and xAI (that’s the company’s AI division) compute services. It’s the company’s compute ambitions that account for the lion’s share of the TAM.

Of the $28.5 trillion, “only about $2 trillion is directly related to space or the company’s Starlink network,” Ars Technica reported. “The remaining $26.5 trillion is believed to come from AI, largely from enterprise applications.” I had no idea how big xAI had already gotten until the Wall Street Journal revealed Wednesday night that “SpaceX is renting out compute capacity across its two large data centers to Anthropic, for some $1.25 billion a month.” And Anthropic is a rival. It’s no small feat when your competitor pays you nine figures, 12 times a year, for the privilege of using the same data centers you use for your LLM to run theirs. Nice work if you can get it, right?

“We believe we have identified the largest TAM in human history,” the company boasted in its S-1 report. “We believe our next trillion-dollar market is AI compute, which we contemplate will leverage our rockets and satellites for massive orbital deployment.” Putting computer centers in orbit solves the power problem with unlimited solar, and also clears a lot of regulatory hurdles. By hundreds of miles. The problem, of course, is getting all those birds flying. In January, SpaceX applied to the FAA for permission to launch one million satellites into Earth’s orbit to power xAI. One million satellites might be nothing more than a dream, but Starship — aka The Most Powerful Rocket in the World and Getting More Powerful All the Time — is key to realizing just a fraction of it.

The launch window for Starship Flight Test 12 opens at 6:30 p.m. Eastern today. So what’s this about Musk’s trillion-dollar payday? Musk’s salary might not be any bigger than a typical base-level IT support specialist’s, but he also has two yuge equity packages based on stellar performance. In March, SpaceX awarded Musk more than 300 million shares. But those shares only vest when and if the company completes construction of its “non-Earth-based data centers,” including 12 market cap goals that add $6.6 trillion in shareholder value. That’s more than triple the best current estimate of SpaceX’s worth. That’s not the big payout, however.

Musk will also earn more than one billion Class B shares when and if the company establishes “a permanent human colony on Mars with at least one million inhabitants,” and another series of market cap goals that increase the company’s worth by $7.5 trillion. With this IPO, Musk will almost certainly become the world’s first trillionaire. If he completes just one of the company’s two (admittedly ambitious) payouts, he’ll instantly become the first multitrillionaire.But let’s bring all this back down to Earth for a moment. Asa Fitch noted for the WSJ that “SpaceX made $18.7 billion of revenue last year. Getting to trillions will take quite a while, if it happens at all.”

That is an awfully big if. But if investors had to bet on anybody being able to do it — and they’ll finally get their chance with this IPO — it has to be the company’s $54,000 man.

Read more …

Impressive wherever you look.

• SpaceX Files For Nasdaq IPO Under Symbol SPCX (ZH)

As expected, SpaceX filed its S1. The stock is expected to list on Nasdaq and Nasdaq Texas under the ticker “SPCX.” No specific share count, price range, or total offering size is finalized yet (placeholders are used). But, with expectations of a $1.5 trillion market cap, that means SPCX will trade at a 77x LTM Revenue multiple!


Mission and Overview SpaceX’s mission is to make life multiplanetary, advance scientific understanding of the universe, and extend consciousness to the stars. It positions itself as a vertically integrated builder across Space, Connectivity (Starlink), and AI (via xAI acquisition). The company has revolutionized space access with reusable rockets (Falcon family, Starship development), built the world’s largest LEO satellite constellation for broadband, and is scaling AI compute and frontier models (Grok) with real-time data from X.

Key Corporate Details
Dual-class structure: Class A (1 vote/share) and Class B (10 votes/share). Elon Musk (founder, CEO, CTO, Chairman) will retain dominant voting control post-IPO (majority of the board via Class B and overall voting power), making SpaceX a “controlled company” under Nasdaq rules. Basis of presentation: Financials include retrospective recasts for the xAI acquisition (Feb 2026) and X Holdings (via xAI, 2025), plus a 5-for-1 stock split (May 2026). Underwriters: Led by Goldman Sachs, Morgan Stanley, BofA, Citigroup, J.P. Morgan, and others.

Consolidated Financial Highlights (preliminary/selected):
Q1 2026: Revenue $4.69B, operating loss $1.94B, Adjusted EBITDA $1.13B. FY 2025: Revenue $18.67B, operating loss $2.59B, Adjusted EBITDA $6.58B. Heavy capex (especially AI) and Starship R&D; Starlink (Connectivity) is the current profit engine.

Business Segments (as of/through Q1 2026 and FY 2025)
Space (launches, Dragon, Starship development): Dominant global launch provider (>80% of mass-to-orbit in recent years, >99% Falcon success rate). Key vehicles: Falcon 9 (reusable, ~23t to LEO), Falcon Heavy (~64t), Dragon (cargo/crew to ISS), Starship (in testing, targeting full reusability and massive scale).Revenue: $619M (Q1 2026), $4.1B (2025). Still investing heavily in R&D/Starship.

Connectivity (Starlink):
~9,600 broadband/mobile satellites in LEO (~10.3M subscribers across 164 countries/territories as of Mar 31, 2026). High-speed, low-latency broadband (median ~225 Mbps peak for residential); expanding enterprise, government, maritime/aviation, and satellite-to-mobile (direct-to-phone, ~650 dedicated satellites, ~7.4M devices in ~30 countries). Strong growth: Revenue $3.26B (Q1 2026), $11.4B (2025, +~50% YoY); highly profitable at segment level.

AI (xAI/Grok/X integration):
Gigawatt-scale terrestrial AI training clusters (e.g., COLOSSUS); plans for orbital AI compute satellites (using solar power, starting ~2028).
Grok frontier models (truth-seeking, strong scientific reasoning benchmarks); integrated with X (~1.3B supported accounts, 550M MAUs, hundreds of millions of daily posts).
Revenue $818M (Q1 2026), $3.2B (2025), but heavy losses due to compute/infrastructure investments.

Here’s the financials visualized (xAI is represented by the green slabs)…

Free cash flow struggling under the weight of that giant green slabs…

So, xAI is the giant money suck while Starlink keeps the engine running (but despite breaking out in 2025, Starlink user growth seems to be slowing a little):

Finally, one thing that stood out was that Anthropic is paying xAI $1.25BN per month (through May 2029) to utilize ‘Colossus’ for AI compute.

Musk took to X to explain further his vision for this segment:

“As the recently expanded partnership with Anthropic demonstrates, SpaceX is offering AI compute as a service at significant scale.
We are in discussions with other companies to do the same.
Over time, especially with orbital data centers, we expect to serve AI at extremely high scale.

If you build it (in space), they will come?

Read more …

As a Democrat, perhaps, yes.

• Is This the Beginning of the End for John Fetterman? (Matt Margolis)

John Fetterman’s chief of staff, Cabelle St. John, resigned on Wednesday, according to a source who spoke to Axios. She had been with the Pennsylvania Democrat since he first arrived in Washington roughly three-and-a-half years ago and was elevated to chief of staff in 2025. Her official last day is still weeks away, but the writing was on the wall long before this week. This isn’t a one-off. Fetterman experienced a staff exodus in 2025, and the pattern of turnover is a sign that his rare independent streak is just too much for his party to tolerate. Former aides have cited frustration with his unwavering support for Israel, his noticeably warmer relationship with President Donald Trump, and what they describe as a difficult working environment on a personal level.


“This is a guy who came in talking about being a champion for labor and he’s gone pretty quiet on it,” the former aide said last year. “This is a guy who, since Trump won, is, for lack of a better word, basically a useful idiot for Republicans. He’s supporting stuff, and it gives them cover to say, ‘Look it’s bipartisan, we got Fetterman.'” None of this seems to bother Fetterman. After Axios published the story, he fired off a text to the outlet dismissing the whole thing. “So much for the turnover issue. Clicks!” he wrote, attaching an image claiming other Senate offices have higher turnover rates.It sounds like he’s not exactly losing sleep over it.

In a recent appearance on Jesse Watters’ show, Fetterman cut to the heart of what separates him from the rest of his party. “Why can’t we just, you know, root for our military?” he said. “Why can’t we just say I don’t have to agree with everything the president has done or the kind of things that he says. But, you know, we should be on the side of America, and we should be on the side of civilization and the free world. And I’m on that side. And I don’t know why I’m the only Democrat that says those kinds of things at this point.”

And that’s the whole problem for his party, anyway. He’s asking a question that should have an obvious answer, and it doesn’t, because the modern Democratic Party instinctively opposes Trump on everything, including things that are just plain old stupid to oppose. They’re even whining about repairing the reflecting pool, for crying out loud.

The message from the left to Fetterman is: You’re not staying in your lane, and you have to be punished. Support the war in Iran? Support strong borders? Support Israel? Well, sorry, you’re way out of touch with the Democratic Party today. This isn’t a good sign for him. Sure, congressional staff experience turnover all the time, but how many Democratic staffers are going to want to join his staff to replace those who left? Working for Fetterman is likely to become a career-ender for those who want to work in Washington, and I can totally see Democrats using this as a means to pressure Fetterman into compliance.

The resignation of Fetterman’s chief of staff may be just the latest domino to fall, but the real question looming over Fetterman’s political future is whether this staff exodus marks the beginning of the end for a senator who refuses to play by his party’s rules. Democrats demand ideological conformity, and Fetterman’s rare independent streak will become a liability, making his office radioactive to potential staffers — staffers he needs to function.

Read more …

We’ll see more about this. Funny it’s just a report, but everyone seems to call it an autopsy.

• The DNC 2024 Autopsy Is Here, and It’s a Disaster (Amy Curtis)

The DNC 2024 Autopsy Is Here, and It’s a Disaster. Last week, Kamala Harris was telling donors she wanted the DNC’s 2024 election report, probably better referred to as an autopsy, released. Now the report is coming out, and it’s bound to be a doozy. DNC Chair Ken Martin released a statement on the report, admitting it’s not up to his standards. And you’ll soon see why.


Here’s what the statement says: “When I was elected DNC chair, I commissioned an after-action review of the 2024 election that I wanted to be honest and transparent, and with actionable and specific takeaways for the future of the Democratic Party. When I received the report late last year, it wasn’t ready for primetime — not even close — and because no source material was provided, it would have meant starting over. I could not in good faith put the DNC’s stamp of approval on the report that was produced.

After last November’s massive Democratic wins, I didn’t want to create a distraction, but by not putting the report out, I ended up creating an even bigger distraction. For that, I sincerely apologize. For full transparency, I am releasing the report as we received it, in its entirety, unedited and unabridged. It does not meet my standards, and it won’t meet your standards, but I am doing this because people need to be able to trust the Democratic Party and trust our word.

There’s a lot to parse in this statement. The first takeaway is that the DNC is such a mess that they looked at this report and had no way of actually fixing it. This tells us their party is just as big a disaster as this report. Second, the ‘massive Democratic wins’ Martin touts have largely been a disaster. Spanberger got smacked down by both the Virginia state Supreme Court and the U.S. Supreme Court, Democrats are losing House seats across the country, and approval of Congressional Democrats is at a new all-time low.

Ouch.

Parts of the report are being summarized and shared online. The biggest takeaways are not surprises to those who paid attention. It turns out President Trump’s ‘they/them’ messaging was highly effective, Democrats neglected rural voters and local parties, and the Democrats failed to define themselves but relied on ‘not Trump’ messaging instead. We’re all aware that there was significant tension and backroom fighting between Kamala Harris’ campaign staff and the Biden administration. The autopsy shows the Biden team was criticized for not adequately preparing Kamala Harris.

There are also no mentions of Israel, Gaza, or Palestine.

This is sure to tick off both sides of the aisle. The Left’s anti-Israel, antisemitic base will say the Democrats’ position on Gaza was problematic, while other voters will see their increasingly antisemitic candidates and office holders as alarming.

Read more …

Law-bending.

• What Really Happened in Virginia’s Redistricting Case (Von Spakovsky)

“Shocking.” “Deflating.” “Sickening.” “It’s not good news.”


If someone heard the reactions of House Democratic lawmakers to the Virginia Supreme Court’s decision on the Commonwealth’s recent partisan gerrymandering scheme, they might be forgiven for assuming the ruling posed some kind of existential threat to the rule of law in the Commonwealth. In a letter to his party, House Minority Leader Hakeem Jeffries referred to the decision as “egregious” and “dripping with far-right partisanship,” the result of “MAGA extremists desperate to rig the midterm elections.”

Chalk these wildly hyperbolic statements up as yet another reason to disbelieve left-wing partisan hype. In fact, Jeffries must have been looking in the mirror when he made those claims, since it was Virginia Democrats’ “egregious” misbehavior “dripping with far-left partisanship” that was the culmination of “Democratic extremists trying to rig the midterm elections” in the state.The Virginia Supreme Court’s decision in Scott v. McDougle was, in fact, a full-throated defense of the state’s constitution, the rule of law, and the people of Virginia’s right to make informed decisions on possible alterations to the Commonwealth’s constitution.

What was lost in the frenzied hysteria of Democrats and their allies in the media in the immediate aftermath of the decision was that the majority opinion, written by Justice D. Arthur Kelsey, simply upheld the process outlined in the Constitution that was required to adopt the proposed redistricting amendment. The Democrats’ hasty process violated Article XII, Section 1 of the Virginia Constitution. There was no partisanship in the opinion at all, with the exception perhaps of the dissent by three justices who refused to enforce the constitutional requirements.

Article XII requires the General Assembly to vote on any proposed amendment to the Constitution twice, with a general election of members to the House of Delegates occurring between the two votes. The court’s ruling centers on that (supposedly) intervening House election, held in 2025, not the recent vote on the amendment itself. The Virginia Supreme Court found that the 2025 House election did not actually occur after the first time and before the second time the General Assembly voted on the amendment.

Early voting (Virginia law allows voting to start 45 days before Election Day) for the House of Delegates elections began on September 19, but the General Assembly didn’t vote on the proposed amendment until October 31 in a “special” session that was itself open to challenge. Accordingly, 1.3 million votes, 40% of the election total, had already been cast when the legislature approved the referendum. That was 1.3 million people who had already voted who had no way of knowing their future representative’s position on an amendment to their Constitution.

The violation of Article XII, Section 1 here is obvious—to everyone but the Virginia government, now entirely controlled by Democrats, which argued that when the state constitution said the Assembly’s vote needed to occur before the election, it meant Election Day. Justice Kelsey’s opinion masterfully dissects this argument as lacking any meaningful support from law or history.

Read more …

“So we believe in making America great again. You can’t do that unless you protect your borders. I’d encourage our friends in the UK to follow the same path.”

• Vance Urges UK Patriots To Defend Their Culture Against Starmer (MN)

US Vice President JD Vance has sent a direct message of support to Britons standing up for their culture, telling attendees of the Unite the Kingdom rally to push forward despite Keir Starmer’s attempts to silence opposition to mass migration. The rally, held this past weekend in London and organised by Tommy Robinson, saw thousands of patriots turn out waving British flags. Starmer’s government had tried to sabotage the event by blocking visas for 11 foreign speakers it labelled “far-right agitators.”


The Prime Minister openly boasted about the bans on X, writing “I’ll always champion peaceful protest. But the Unite the Kingdom march organisers are peddling hatred and division. We’ve already blocked visas for far-right agitators who want to come here to spew their extremist views. They don’t speak for the decent, fair, respectful Britain I know.” He followed up: “Today the voices of division will be loud. They don’t speak for the country I know, one that belongs to all of us.” A video from the event captured a striking contrast, showing a left-wing woman in tears hugging her masked companion in fright at the sight of the national flag.

https://twitter.com/OliLondonTV/status/2056257812469018990?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2056257812469018990%7Ctwgr%5E5764f5a7abbc04d69e0037cffdd0fe954dcbc4e6%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fmodernity.news%2F2026%2F05%2F20%2Fwatch-vance-urges-uk-patriots-to-defend-their-culture-against-starmer-mass-migration-betrayal%2F

Vance rejected the establishment narrative that wanting secure borders equals extremism. “To everybody in the UK who rejects 3rd world migration, I’d encourage them to just KEEP ON GOING! It’s OK to want to defend your culture!” Vance stated. He added, “All over the West is this idea that the way to generate prosperity is to bring in MILLIONS and millions of unvetted people and DROP them into your neighborhoods — and we simply reject that idea!” “It’s OK to want to live in a safe neighborhood. It’s okay to want your job to go to yourself and your neighbors and not to a stranger who you don’t even know. It is reasonable for the people in Western societies to want to control who comes into their country and who doesn’t,” Vance stressed.

He added: “A lot of people, frankly, a lot of people in the media have tried to persuade all of those people that it’s somehow racist to want to protect your borders… even though very often the very people who are most affected by low wage immigration are lower income black and Hispanic Americans right here in the United States of America, and I guarantee that’s true in the UK.” Vance concluded by drawing a direct link to America First: “So we believe in making America great again. You can’t do that unless you protect your borders. I’d encourage our friends in the UK to follow the same path.”

This latest intervention builds on Vance’s repeated clashes with Starmer and European leaders. He previously called out the British Prime Minister to his face over the UK’s free speech crackdown. The US later vowed to use its “full arsenal of tools” against Starmer’s policies. Vance has also long warned about the dangers of Europe’s migration experiment, describing it as “civilisational suicide” He has cautioned that Islamist extremists could seize control of European nukes within 15 years. Vance has also triggered globalist outrage with his blunt speeches on replacement-level migration.

While Starmer brands patriotic pushback as “hatred and division,” ordinary Britons at the rally made clear they simply want what Vance described as basic common sense: safe streets, jobs for locals, and control over their borders. Vance’s words arrive as frustration with open borders boils over across the West. Working-class communities on both sides of the Atlantic are paying the price through suppressed wages, overburdened services, and rising insecurity — effects the political class routinely dismisses. By standing with those who reject cultural erasure, Vance is highlighting a fundamental truth: people of free nations have the sovereign right to preserve their identity and security.

Read more …

“..If this modality in the behavior of Europeans changes in favor of dialogue, we will only welcome it..”

• ‘Russians Ready For Conversation’ With Europe — Kremlin (TASS)

Russia is hearing statements from European capitals that they will have to talk to Moscow, and it confirms its readiness for such a conversation, Kremlin Spokesman Dmitry Peskov said when asked by TASS about Europe’s discussions of candidates for the role of negotiator with Russia. “Indeed, in the last 3-4 weeks we have heard statements from Mr. [Finnish President Alexander] Stubb, and we have also heard statements from Berlin that sooner or later it will be necessary to talk to the Russians directly,” he said.

“Russians are ready to engage,” Peskov noted. “We believe that talking is always better than leading to complete confrontation, which is exactly what the Europeans are doing now. If this modality in the behavior of Europeans changes in favor of dialogue, we will only welcome it,” he said. The very fact that expert discussions are underway in the EU around this topic is a good thing, Peskov said, adding that “just a few months ago, even such discussions weren’t taking place in Europe.”

Read more …

According to Russian Foreign Ministry’s Ambassador-at-Large for the crimes of the Kiev regime Rodion Miroshnik, the European Union’s actions show a complete lack of willingness to follow a peaceful path

• Europe Seeks To Block Any Talks On Ukraine Settlement — Russian Diplomat (TASS)

European countries seek to sabotage any negotiations on a peaceful settlement of the Ukrainian conflict, Rodion Miroshnik, the Russian Foreign Ministry’s Ambassador-at-Large for the crimes of the Kiev regime, told TASS in an interview during a working visit to Bangkok.


“Judging by official statements from EU leaders and the so-called E3 group (the United Kingdom, Germany, and France – TASS), one can see an irreconcilable desire to derail any form of negotiations and reject a political and diplomatic path to resolving the conflict. They declare that they want talks, but at the same time they decide to issue yet another package of sanctions, allocate multi-billion-euro loans to Ukraine, and launch new programs to train Ukrainian troops and supply weapons. There is an old rule: look at what politicians do, not what they say. The European Union’s actions show a complete lack of willingness to follow a peaceful path,” he said.

“I believe it is not enough to simply say it would be good to talk to Russia, this must be backed by actions that would prove that the EU is ready to stop financing the bloodshed in Ukraine. It is no secret that if Western funding stops, the war will end. This is acknowledged both in the West and by all external observers. But for now, Western countries continue to supply weapons and finance Ukraine,” Miroshnik added.

Foreign ministers of EU countries are set to discuss candidates for a possible mediator role in talks with Russia, the Financial Times newspaper previously reported. According to sources cited by the paper, the issue will be raised at an informal meeting on May 27-28 in Cyprus. Potential candidates reportedly include former Italian and German prime ministers Mario Draghi and Angela Merkel, Finnish President Alexander Stubb and his predecessor Sauli Niinisto.

On May 9, Russian President Vladimir Putin, answering journalists’ questions, said that former German Chancellor Gerhard Schroeder is the preferred candidate for possible negotiations between the EU and Russia. Moscow has never been closed to negotiations, he added.

Read more …

“Drills Are Intended To Send A Signal”:

• Russia Holds Massive Nuclear Drills On Land, Sea And Air (ZH)

Trucks carrying intercontinental ballistic missiles rumbled over forest roads, atomic-powered submarines set sail from Arctic and Pacific ports, and crews scrambled into warplanes as Russia and neighboring Belarus held the final stage of their joint nuclear drills Thursday. Russian President Vladimir Putin discussed the maneuvers in a video call with his Belarusian counterpart Alexander Lukashenko. “The use of nuclear weapons is an extreme, exceptional measure for ensuring the national security of our states,” Putin said, according to AP. Lukashenko earlier inspected Russian short-range nuclear-capable Iskander ballistic missiles at a military unit involved in the drills and declared: “I dreamed about this machine a long time ago.”


The three-day drills that began Tuesday come amid a surge in Ukrainian drone strikes. including on Moscow’s suburbs that killed three people and damaged several buildings and industrial facilities. The strikes made it harder for officials in the Kremlin to cast the conflict in Ukraine — now in its fifth year — as something so distant that it doesn’t affect the daily routines of Russian civilians.

Drills involve wide array of nuclear weapons
Russia’s Defense Ministry said the exercise involved 64,000 troops, over 200 missile launchers, more than 140 aircraft, 73 surface warships and 13 submarines, including eight armed with nuclear-tipped ICBMs. The drills focused on the “preparation and use of nuclear forces under the threat of aggression,” it said. The maneuvers also practice cooperation with Belarus, an ally that hosts Russian nuclear weapons. Russian arsenals in Belarus include its latest intermediate range nuclear-capable Oreshnik missile system.

Along with nuclear-tipped ground- and submarine-launched ICBMs, the maneuvers featured a broad assortment of short- and medium-range weapons. Unlike the intercontinental missiles that can destroy entire cities, tactical nuclear weapons intended for use against troops on the battlefield are less powerful. They include aerial bombs and warheads for short- and medium-range missiles and artillery munitions. The Defense Ministry said the Russian armed forces test-fired Yars and Sineva ICBMs, as well as medium-range sea-launched Zircon and air-launched Kinzhal missiles, noting that all missiles hit their designated practice targets. Belarusian troops test-fired a short-range Iskander ballistic missile inside Russia.

Putin has repeatedly reminded the world about Moscow’s nuclear arsenals since the war in Ukraine started in February 2022 to deter the West from ramping up support for Kyiv. In 2024, the Kremlin adopted a revised nuclear doctrine, noting that any nation’s conventional attack on Russia that is supported by a nuclear power will be considered a joint attack on his country. That threat was clearly aimed at discouraging the West from allowing Ukraine to strike Russia with longer-range weapons and appears to significantly lower the threshold for the possible use of Moscow’s nuclear arsenal.

The revised doctrine also placed Belarus under the Russian nuclear umbrella. Putin has said that Moscow will retain control of its nuclear weapons deployed in Belarus, which borders Ukraine and NATO members Latvia, Lithuania and Poland, but would allow its ally to select the targets in case of conflict. The maneuvers are held amid an increase in drone activity in the Baltic nations. On Tuesday, a NATO jet shot down a Ukrainian drone over southern Estonia. Ukraine apologized for that “unintended incident,” without specifying what had happened.

On Wednesday, an emergency announcement about a drone flying over Belarus prompted residents of the Lithuanian capital of Vilnius, including top officials and lawmakers, to take shelter and led to a brief closure of its airport. Ukrainian drones targeting Russia’s Baltic ports and energy facilities have recently crossed or come down in NATO territory on several occasions. Amusingly, instead of blaming the source, Ukraine, Western officials blamed Russian electronic jamming of the drones.

Russia’s Foreign Intelligence Service said Tuesday that Ukraine is preparing drone attacks against Russia from the territory of the Baltic countries and warned of retaliation It alleged Ukrainian military personnel had been deployed to Latvia and warned that the country’s membership in NATO wouldn’t protect it from “just retribution.” Latvian authorities said the allegation was not true. Last month, the Russian Defense Ministry published a list of factories in Europe that it said were involved in producing drones and their components for Ukraine. It warned that attacks on Russia involving drones manufactured in Europe are fraught with “unpredictable consequences.”

Some commentators interpreted the bellicose statements from Moscow and this week’s exercise featuring short- and medium-range nuclear weapons capable of reaching targets in Europe as part of Kremlin efforts to discourage Western allies from bolstering support for Ukraine. Asked what message the nuclear exercise was intended to send, Kremlin spokesman Dmitry Peskov responded that “any drills are intended to send a signal,” but wouldn’t elaborate.

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“Europe is the ‘jungle’ now. No garden left to speak of.”

• Irrelevant Europe (J.B. Shurk)

Josep Borrell is a Spanish socialist who held several high-ranking positions in the European Union. Until 2024, he was a vice-president of the European Commission and the high representative of the European Union for foreign affairs and security policy. In that capacity, he ran Europe’s External Action Service, which is the diplomatic body that executes Europe’s foreign policy decisions around the world. He remains a man with a great deal of influence over European perspectives.


In 2022, Borrell created a bit of an international incident when he described Europe as a “garden” and the rest of the world as a “jungle.” “We have built a garden,” he told aspiring European diplomats in Bruges, Belgium. “Most of the rest of the world is a jungle. The jungle could invade the garden. The gardeners should take care of it.” As the head of the European Defense Agency, Borrell’s comments made strategic sense. As he said in that same speech, “The jungle has a strong growth capacity…Walls will never be high enough to protect the garden. The gardeners have to go to the jungle, Europeans have to be much more engaged with the rest of the world. Otherwise, the rest of the world will invade us, by different ways and means.”

Borrell’s speech came seven years after German Chancellor Angela Merkel’s decision to open her country’s borders to millions of Islamic immigrants. Originally touted as a humanitarian policy designed to temporarily shelter refugees from war-torn Syria, Germany’s generous welfare programs quickly became a magnet for young men across the Middle East and North Africa. When Merkel declared on August 31, 2015, “We can do this,” she initiated an all-of-society “welcome culture” that quickly produced a full-blown migrant crisis for the whole continent. Over ten years later, the influx of millions of Muslims into Europe has transformed school demographics and local politics, unleashed an explosion in sex crimes and anti-European violence, strained Europe’s hospital services and social safety nets, and exacerbated government debt.

Speaking after the “jungle” had already successfully invaded Europe’s “garden,” Borrell knew there was no way to put the genie back in the bottle. Merkel’s fateful decision to “welcome” Middle Easterners to Europe transformed cities and towns across Europe into the Middle East. Borrell also knew that the European Union’s patchwork defense agency did not have the requisite military and espionage assets to effectively protect the continent. So he tried to fashion his corps of young diplomats into a network of information and persuasion agents who could do Europe’s bidding around the world.

Borrell’s message got lost in the ensuing international kerfuffle over his “garden” / “jungle” division of the world. From Russia to Canada, Africa to Southeast Asia, every self-described “foreign policy expert” took umbrage at Borrell’s bluntness. Perpetually offended virtue-signalers hadn’t gotten so worked-up since President Trump had called Haiti a “shithole country” four years earlier. Just as Conan O’Brien felt compelled to white-knight for Haiti’s dystopian, cannibal gangland by visiting a heavily guarded resort in the Caribbean country and recklessly encouraging vacationers to join him, legions of politically correct snobs from around the planet recorded social media videos from their country estates in which they turned tsk-tsk-ing into a veritable lingua franca for the vicariously aggrieved.

All the “very best people” denounced Borrell for promoting a scarcely disguised restoration of European imperialism, colonialism, fascism, and genocide. Young international students enjoying university scholarships and living in Europe for free made sure to remind Borrell that “diversity is our strength.” Borrell’s socialist comrades beat him over the head with Europe’s prime directive: multiculturalism über alles. Mohammadbagher Forough, a random research fellow at the German Institute for Global and Area Studies, publicly reprimanded Europe’s foreign minister thusly: “This kind of comment puts a serious dent in the enterprise of European strategic autonomy. It upsets, at the most profound level, countries in the rest of the world, because of the history of colonialism.”

In other words, Europe’s “ruling class” and auxiliary straphangers condemned Borrell for daring to defend the beneficiaries of Western civilization. He was encouraged by threat of high-culture social banishment to follow Chancellor Merkel’s example in supplicating before the migrant hordes. The message was clear: Europe’s minister of defense cannot properly “defend” Europe unless he allows non-Europeans to take over the continent. It was further proof that Europe is irreparably lost.

Since his departure from the European Union’s foreign policy perch at the end of 2024, Borrell has spent most of his time in public lambasting President Trump’s global leadership. A staunch supporter of Ukraine who once threatened to “annihilate” the Russian army, Borrell has frequently defended the honor of Volodymyr Zelenskyy by claiming that Ukraine’s holdover president is leading “the resistance” and “deserves respect.” After President Trump described Zelenskyy as a “dictator without elections,” Borrell called the “accusation” the “height of dishonesty.” When President Trump and Vice President Vance took offense to Zelenskyy’s sense of entitlement and disregard for American taxpayers who have paid the salaries and pensions of Ukraine’s government workforce, Borrell screamed on X, “Trump and Vance have put on a disgraceful show. I am ashamed of that behavior.”

In response to Vance’s speech at the Munich Security Conference last year during which the vice president excoriated Europe’s crackdown on free speech and political dissent, Borrell lectured his erstwhile colleagues: “This is a declaration of political war against the European Union.” Going further, Europe’s former defense minister declared, “Europe must stop pretending that Trump is not an adversary and assert its technological, security, and political sovereignty with clarity and strength.”

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https://twitter.com/elonmusk/status/2057261488256303134?s=20 https://twitter.com/GuntherEagleman/status/2057605618085548082?s=20 https://twitter.com/Rainmaker1973/status/2057327151964131432?s=20

 

 

 

 

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Debt Rattle March 24 2026

Mar 242026
 
 March 24, 2026  Posted by at 11:06 am Finance Tagged with: , , , , , , , ,  67 Responses »


Edward Hopper Gas 1940


• 4D Chess: Trump Postpones Destroying Iran’s Power Plants (Pinsker)
• IEA Head Warns Iran War Sparked Energy Crisis Worse Than 1970s (ZH)
• CENTCOM Commander Admiral Brad Cooper Gives Update and Overview Interview (CTH)
• Saudi Arabia Expels Iranian Diplomats (RT)
• Lights Out? (James Howard Kunstler)
• Are We On the Verge of a Breakthrough on the SAVE America Act? (Matt Margolis)
• Intel Board To Probe If Spy Agencies Withheld China Election Secrets (JTN)
• Truth Will Out: A Grand Jury Investigates the Real Russian Collusion Conspiracy (Turley)
• Tom Homan: How Immigration and Customs Enforcement Can Supplement TSA (CTH)
• Alarm Bells In Spain As Moroccan Diaspora Seeks Political Mobilization (RMX)
• French Election: Le Pen’s Populists Make Historic Local Gains (ZH)
• Major Gains for Germany’s AfD Nationalist Party (CTH)
• Western Europe Wrestles With Its Daddy Issues (Rachel Marsden)
• Jury Finds Musk Liable to Twitter Shareholders in Lawsuit (ET)

 


 

https://twitter.com/AdamMoczar/status/2035822308208660516?s=20 https://twitter.com/Alinavisooo/status/2035954387722674253?s=20

 


 

 


 


“.. that’s what investors do: They overreact to good news — and they overreact to bad news. In their minds, the most extreme possibility is always the most likely..”

• 4D Chess: Trump Postpones Destroying Iran’s Power Plants (Pinsker)

On Friday evening, President Donald Trump issued Iran’s mullahs a 48-hour deadline: Open the Strait of Hormuz or say goodbye to your power plants. And then, this morning — just 12 hours before the deadline ended — the president abruptly pulled the plug: But did you notice the timing? Trump delivered the ultimatum on Friday evening, after the U.S. markets had closed for the week. And he canceled his ultimatum on Monday morning, just before the U.S. markets reopened. And the new five-day deadline? Why, it conveniently begins after the U.S. markets close on Friday! None of this was coincidental. Meanwhile, Iran quickly claimed victory:

https://twitter.com/iribnews_irib/status/2036043430011208003

As NDTV World reported, “After Trump’s No-Strike Decision, Iran Media Bursts Out Laughing at Him”: Trump’s announcement about a five-day window in which the US would hold off on hitting Iranian power plants and related infrastructure was met in Tehran’s media ecosystem with a mix of derision and triumph. Iran media Press TV reported there was no contact for talks with the US, whether direct or indirect. […] Ebrahim Rezaei, spokesperson of the National Security and Foreign Policy Commission, in a post on X said, “Trump and America have backed down again. The field is still charging forward. Another defeat for the devil.” President Trump prides himself on being an elite dealmaker, but deals are only possible when each side covets something different. If all parties want the exact same thing, a compromise is impossible.

At this juncture in the war, the Iranians and the U.S.-Israelis have dramatically different objectives.Iran can’t go toe-to-toe with its foes militarily. It’s outgunned, outmatched, outclassed, outmanned, and overwhelmed. If the war is decided on the battlefield, Iran will lose — and embarrassingly, too. But there’s still one place where it can win: the arena of public opinion. Iran needs PR to decide this war. If the mullahs don’t look strong, tough, and unbeatable, the Iranian people will rise up and overthrow them. Which is why, in their minds, losing the war-war — but winning the PR war — is a perfectly acceptable outcome. After all, the number-one goal of a dictatorship is to retain its power.

President Trump is less concerned with PR than he is with reality. War, by its nature, isn’t won with press releases — but with bullets. Which makes the president’s calculations clear: He needs time to obliterate the last vestiges of the mullahs’ might, annihilate its stormtroopers, crush the regime, and maximize the probability of a successful Iranian uprising. Because if we win the war-war, the PR war will take care of itself. From Trump’s perspective, victory is the only litmus test that matters. But Trump needs a free hand to continue softening the Iranian regime. Yes, his primary battlefield is still the battlefield — but not even the president is immune to public pressure. Domestically, his MAGA base hasn’t left his side:

Yet among independents and Democrats, the war is dreadfully unpopular — with its biggest potential pain points coming from surging oil prices and/or a stock market collapse: Had Trump stuck to his 48-hour deadline — which would’ve elapsed AFTER the close of U.S. markets on Monday evening — panicked investors would’ve braced for the worst when trading began at 9:30 a.m., triggering a self-fulfilling prophecy of economic Armageddon. They would’ve anticipated oil shortages, starving civilians, mass migrations, and global chaos, because that’s what investors do: They overreact to good news — and they overreact to bad news. In their minds, the most extreme possibility is always the most likely. (It’s simply their psychology.) This means that Monday, March 23, would’ve been an absolute financial bloodbath — an even blacker Black Monday.

Read more …

It’ll be ugly. But how ugly?

• IEA Head Warns Iran War Sparked Energy Crisis Worse Than 1970s (ZH)

The head of the International Energy Agency intensified his apocalyptic warning about the global energy crisis, stating early Monday that the US-Israel war with Iran has sparked a shock far greater than the twin oil crises of the 1970s and the turmoil from the war in Ukraine combined.US-Israeli Operation Epic Fury has entered its fourth week, and emerging from the fog of war is the understanding that 44 energy assets across the Gulf region have been severely or very severely damaged by either U.S. and allied forces or by Iranian forces, according to IEA Executive Director Fatih Birol, who spoke at a media event in Australia on Monday. “This crisis, as things stand, is now two oil crises and one gas crash put all together,” Birol warned at the National Press Club of Australia in Canberra.


So far, the conflict has removed 11 million barrels of oil per day from global supply, which is more than the two prior oil shocks combined. There are concerns that repairs to QatarEnergy’s damaged LNG facility could take up to five years, while the disruption to energy flows has sparked a fuel crisis across Asia and is set to affect fertilizer and food supplies, as well as helium, potentially jeopardizing AI chip production.”The global economy is facing a major, major threat today, and I very much hope that this issue will be resolved as soon as possible,” Birol said.

As of 0710 ET, Brent crude futures plunged 11% on President Trump’s Truth Social desesclation comments – a sign the administration needs an offramp to avoid a further energy crisis globally, but more importantly, one at home with fuel prices at the pump exploding higher. Overnight, President Trump gave Iran a 48-hour ultimatum to reopen the Hormuz chokepoint or face a bombing campaign targeting Iran’s power plants. There were reports overnight that the Trump administration was preparing a diplomatic off-ramp plan, but Iran says the expanding war has effectively shut the door.

Betting website Polymarket shows that ten new wallets are betting $160,000 on a U.S.-Iran ceasefire by the end of March. “Almost no history, all created around the same time. Potential payout: over $1,000,000,” the Polymarket History account wrote on X.

https://twitter.com/PolymarketStory/status/2035737368141902238

On Friday, Birol told the Financial Times in an exclusive interview that the world is severely underestimating the scale of the Gulf energy shock and that it may take at least six months to restore disrupted oil and gas flows. “It will be six months for some [sites] to be operational, others much longer,” Birol warned.

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“..accepting there is a psychological component to the information flow, it seems like the best option to listen to the experts who are conducting the operation.”

• CENTCOM Commander Admiral Brad Cooper Gives Update and Overview Interview (CTH)

The noise can seem overwhelming at times. There are those who say the U.S-Israeli joint military operation against Iran is a catastrophic miscalculation. There are those who say the operation is strategically succeeding. Many interests even appear to be cheering for the military operation to fail; others want the operation to escalate. It is difficult to find pragmatic facts about the events without shaped information to promote specific narratives. However, accepting there is a psychological component to the information flow, it seems like the best option to listen to the experts who are conducting the operation.


Giving his first interview since Operation Epic Fury began, CENTCOM Commander Bradley Cooper outlines the current status of the conflict and the elements he notes are of most importance. According to Adm. Cooper, Iran is “operating in a sign of desperation… In the last couple of weeks, they’ve attacked civilian targets very deliberately, more than 300 times.” “The Strait of Hormuz is physically open to transit,” he said. “The reason ships are not transiting right now is because the Islamic Republic is shooting at them with drones and missiles.”

“I’d like everyone to note is I’ve watched this over the last week, this extraordinary contrast between the comfort and protection that you’re seeing with the senior generals in the Islamic Republic, at least those that are still alive, who are up in deep bunkers and facilities in and around Tehran. And contrast that with the soldiers who are down on the ground who are unprotected. The generals are protected. The soldiers are not protected.” “They’re launching missiles and drones from populated areas and you need to stay inside for right now,” he said. “There will be a clear signal at some point, as the President has indicated, for you to be able to come out.”

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Iran against the Arab world?

• Saudi Arabia Expels Iranian Diplomats (RT)

Saudi Arabia has expelled several Iranian diplomats, citing Tehran’s strikes on its territory. The move comes after 12 Arab and Muslim countries, including those hosting US bases, denounced the Islamic Republic’s retaliation for the US-Israeli bombardment that began on February 28. On Saturday, the Saudi Foreign Ministry condemned what it described as Iran’s “blatant and repeated attacks targeting Saudi Arabia” and other Gulf countries, accusing Tehran of violating international law and the “principles of good neighborliness.” “Saudi Arabia has formally notified the Iranian military attaché, assistant military attaché, and three other embassy staff members to leave the kingdom within 24 hours,” the statement read, as quoted by the Saudi Gazette.


‘The kingdom will take all necessary measures to protect its sovereignty, security, territory, airspace, citizens, residents, and national interests, in accordance with Article 51 of the UN Charter,” the ministry said, warning of “serious consequences” for diplomatic relations between the two countries. The announcement follows a similar move by Qatar, which expelled Iranian military and security attachés, along with their staff, in response to a strike on an LNG facility at Ras Laffan Industrial City, one of the world’s most important gas processing and export centers. Iran targeted Ras Laffan in response to Israeli airstrikes on the South Pars gas field, which were also condemned by the Gulf states. Iran has also repeatedly targeted Prince Sultan Air Base in Al Kharj, Saudi Arabia, which hosts American troops.

Iranian Foreign Minister Abbas Araghchi said Tehran was targeting US military sites in the region in self-defense. He also claimed that the United States had used UAE territory during the recent bombing of Kharg Island. Tehran has warned that retaliation will continue for as long as Arab states allow the US to use their territory for attacks on the Islamic Republic. Iranian President Masoud Pezeshkian earlier apologized to the Gulf states for striking civilian infrastructure with missiles and drones.

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“This is Hitler’s last days with Persian characteristics.” —LH Grey on X

• Lights Out? (James Howard Kunstler)

It’s not only darkest before the dawn, but the groupthink is murkiest, and the light at the end of the tunnel might be an explosion up your wazoo. Iran’s increasingly headless Revolutionary Guard (the IRGC) whirls in its gyre of martyrdom as the last traps are sprung under it. Tell the wide-eyed houris of paradise to primp for a fresh harvest of true believers.Looks like Mr. Trump is not chickening-out, as his detractors like to insist. Looks like somebody is already turning off the juice around Tehran, likely the Israeils. It will be very hard soon enough for the headless IRGC to tell its body of psycho-killers what to do.


Individual units are probably on their own now, anyway, wondering what the other units might be doing. . . might be thinking, while also, about now, the sore-beset, long-suffering, good-and-goshdarn pissed off, ordinary Persians will discover that nobody’s in charge, and maybe, at long last, it’s their turn to act, as the lights flicker out. On the ground, in the apartments, the cafes, the offices, the grand bazaars of Tehran, Isfahan, Tabriz, and Shiraz life has already gotten super-impossible. Whatever’s left of the government just issued banknotes in the denomination of ten million rials, worth seven US dollars.

Everybody there has plenty of money. Everyone is a millionaire, but they won’t be swanning around Fereshteh Street in top hats and monocles, shopping for Hermès, Louis Vuitton, and Rolex. In actuality, nothing can function normally anymore when the currency is absolutely worthless, including the regular distribution of food and fuel, and you know from history that revolution is always only nine missing meals away. Something will have to give.

The American news media, especially The New York Times, remains implacably peevish over Operation Epic Fury. The news media remains locked in its own epic fury at Mr. Trump running the executive branch, because, uh, why? The tweets! The mystifying hair-do! The gold filigree plastered around the Oval Office! Ucchhh. . . ! It drives them batshit. They want the Iran op to fail because then Mr. Trump will fail. . . and then. . .? And then. . . ? You detect that maybe they haven’t thought that through exactly.

Perhaps the news media believe it’s unfair to deprive the Islamic State of a nuclear bomb and its arsenal of missiles and drones. (It can’t be that the news media are anti-war because they continue to be one hundred percent behind the Ukraine war.) They don’t want that to end anytime soon because, uh, well, Russia!) In reality, the news media abhors decisive action and especially any change in the geopolitical status quo, and super-especially one that inch-by-inch reveals that the USA has interests that actually intersect with the interests of post-soviet Russia.

Like preserving Western Civ. Unlike the poufs, cucks, and bozos running Euroland who are busy throwing two thousand years of history under the wheels of Jihad, and racing with eyes-wide-shut into a neo-medieval future without heat, lights, industry, art, or square meals. Europe — Great Britain in particular — yearns for an epoch-ending spasm of war against Russia because. . .uh. . . because Putin (like, because Trump). You understand they are completely incapable of prosecuting such a war, since they lack armies, navies, and sufficient weapons, but they can’t stop nattering about it.

The US news media can’t accept the possibility that the US Military is proceeding systematically and by clear stages to disarm the IRGC crazies. What has the IRGC got left? Apparently, they have missile launchers embedded in urban neighborhoods, the old human shield routine, same as Hamas and Hezbollah. And spidey-hole missile silos in the desert, supposedly hard to detect beneath the shifting sands. Not to mention the “underground cities” as much as 500 meters deep where missiles and drones are made and stored. They are core parts of Iran’s military architecture. We know where most of them are. Let’s see how they work if the electricity goes out across Iran. Do they all have backup generators and diesel fuel to keep the generators running more than a few days?

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“We’re using a playbook that in a slightly different form was used in 1964 to overcome a cloture gap of thirty-two votes..”

• Are We On the Verge of a Breakthrough on the SAVE America Act? (Matt Margolis)

I’ve been admittedly skeptical that the current effort to pass the SAVE America Act will succeed. I want it to pass. Desperately. And from where I sit, there’s no reason why it shouldn’t pass. But we all know why something so popular and commonsense can’t get to President Donald Trump’s desk for his signature. Democrats in Congress don’t want election integrity and are fighting against it like their power is on the line. Despite my skepticism, Senator Mike Lee (R-Utah), the lead sponsor of the bill, is confident the SAVE America Act is going to pass — and after just six days of debate, Democrats may already be looking for a way out.


As you know, the bill does two things. It requires proof of citizenship when registering to vote and a voter ID when casting a ballot. Polls repeatedly show that Americans overwhelmingly support these ideas, regardless of political party or race. And Sen. Lee knows it, too. “Americans overwhelmingly believe that voters in the United States, you need to be US citizens,” Lee said. “So our bill does two things in order to make it easy to vote and hard to cheat.”The fight right now isn’t really about the merits. Let’s be honest about that. It’s about the Senate’s cloture threshold, the 60-vote supermajority needed to end debate and move to a final vote. Republicans don’t have those numbers on their own, which means they need Democrats to break ranks.

Lee’s strategy is to make them do exactly that, and he’s drawing on a historical playbook to get it done.”We’re using a playbook that in a slightly different form was used in 1964 to overcome a cloture gap of thirty-two votes,” Lee said, referring to the landmark Civil Rights Act debate. Back then, the Senate debated for sixty days before enough votes materialized to close debate. Today’s cloture deficit is far smaller. “We’ve got only a ten-vote cloture deficit to overcome here,” Lee noted. “This is a simpler bill, and it’s preferred by eighty-five percent of American voters.”

The math is encouraging, but Lee argues that the process takes time — and that’s entirely the point. Lee described how sustained debate wears members down and eventually forces movement. “Members grow exhausted over time, and with that exhaustion, we’ll find ways of achieving consensus, perhaps some minor modifications to the legislation, either face-saving or to alleviate substantive concerns,” he said. “We can get there. This will pass if we give it enough time.” He was careful not to overpromise a timeline. “I don’t know exactly how many weeks, just as they didn’t know when they started the process in 1964,” Lee acknowledged. But he added quickly: “I don’t think it’ll take that long.”

According to Lee, the early signs are apparently promising. After only six days on the floor, he says Democrats are reportedly already hunting for an exit, which tells you something about the political pressure building around this vote. The only secret to passing the SAVE America Act, Lee says, is time and willpower. Six days in, it looks like the willpower is holding — and the clock is doing the rest of the work.

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Withheld them from Trump, that is.

• Intel Board To Probe If Spy Agencies Withheld China Election Secrets (JTN)

The civilian board that oversees America’s spy agencies will probe whether political bias kept intelligence analysts from sharing with Congress and President Donald Trump evidence that China meddled in elections dating to 2020, its chairman says after an explosive report by Just the News “We ran a decade-long investigation in the Congress into China, and so this new bombshell that you just dropped is very concerning to me, and it should be to the Congress,” President’s Intelligence Advisory Board Chairman Devin Nunes told the Just the News, No Noise television show.


“This information was likely around in 2019, probably in 2020. I don’t know. We’re going to have to unpack this and figure out why this didn’t get to the Congress and why this didn’t get out to the American public,” Nunes said. Nunes, a former chairman of the House Intelligence Committee before he left Congress to run the company that operates President Donald Trump’s Truth Social platform, added: “Clearly, this is a scandal that’s brewing.” Nunes was named last year by Trump to lead the PIAB, a nonpartisan body made up of distinguished civilians from the national security, political, academic, and private sectors charged with independently overseeing the Intelligence Community’s day-to-day management or operational responsibilities.

Just the News earlier this week disclosed declassified documents showing Chinese intelligence gained access to multiple states’ voter registration data in 2020 and conducted some voter influence efforts but chose to keep that intelligence quiet because spy agency analysts opposed Trump and his policies, even deriding the president as “that vulgarian in the Oval Office.”Similar revelations in 2024 that China hacked Great Britain’s voter registration database led to a national outcry and reforms in that country. But in America, most policymakers have been kept in the dark. Senate Permanent Subcommittee on Investigations Subcommittee Chairman Ron Johnson, R-Wis., called on Trump this week to declassify and release all evidence related to China’s meddling from 2020 forward.

Nunes said a review of what happened with the China meddling allegations was directly aligned with the board’s current mandates. “We’ve been working directly with the CIA to depoliticize all of these agencies. President Trump gave us clear direction that he wants the politicization taken out of these intelligence products,” Nunes explained. The board’s effort recently prompted CIA Director John Ratcliffe to rescind or revise 19 intelligence reports the agency produced dating back to the Obama era because they were politically biased or used poor spy tradecraft, including one analysis suggesting that women who pursue traditional motherhood were at danger of becoming violent extremists.

“I think this is just the start of Director Ratcliffe trying to clean up the CIA,” he said. “Obviously, we’re here to help. We’re held here to help all the agencies as Chair of the President’s intelligence board, and we’ll continue to do that.” Nunes said the declassified documents uncovered by Just the News on the China election meddling were deeply concerning because “if you don’t have the — if you want to call it the truth transparency — real intelligence agencies getting the information to the policymakers and the decision makers, it’s a major problem.”

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We need to see indictments. You can’t just let these people walk.

• Truth Will Out: A Grand Jury Investigates the Real Russian Collusion Conspiracy (Turley)

This week, we learned that the probe into the Russian conspiracy theory in Florida is moving forward with the disclosure that former FBI Director James Comey has been subpoenaed. What is different in this probe is that it is pursuing the real Russia conspiracy — the creation of a false narrative to kneecap the first Trump administration. At issue is what could be the greatest political hit job in history. Of course, the growing evidence of this conspiracy continues to be buried by one of its key components: the media. Nevertheless, the “truth will out,” and it appears to be coming out in Florida.


Headed by Jason A. Reding Quiñones, the U.S. attorney for the Southern District of Florida, the investigation is building on information uncovered by House and Senate committees that was long buried by the Biden administration. That evidence appears to show a knowing effort to manufacture a Russian conspiracy hoax at the urging of Hillary Clinton’s 2016 presidential campaign. Ironically, the Washington Post and the New York Times received Pulitzer Prizes for their reporting promoting this Russian conspiracy hoax. The media spent years in wall-to-wall coverage of disproven allegations, including many claims made in the debunked Steele Dossier that had been secretly funded by the Clinton campaign.

The true Pulitzer Prize-worthy story was staring the media in the face the whole time: a conspiracy to create a false conspiracy narrative to elect Clinton and later to derail the Trump administration. The latter effort succeeded with help from top intelligence figures. During the election, the Clinton campaign repeatedly lied to the media about its funding of the Steele dossier. When journalists discovered after the election that the Clinton campaign had hidden payments for the Steele dossier as “legal fees” among the $5.6 million paid to Perkins Coie, they were reportedly stonewalled.

New York Times reporter Ken Vogel said at the time that Clinton Campaign General Counsel Marc Elias had denied involvement in the anti-Trump dossier. When Vogel tried to report the story, he said, Elias “pushed back vigorously, saying ‘You (or your sources) are wrong.’” Times reporter Maggie Haberman later wrote that “Folks involved in funding this lied about it, and with sanctimony, for a year.” The key period was shortly before the 2016 election. We now know that the campaign and its surrogates shopped the conspiracy to their contacts in the Justice Department and in the media. They found eager allies.

Shortly before the 2016 presidential election, Peter Strzok, a key figure in the investigation, texted FBI lawyer Lisa Page to assure her “that there’s no way [Trump] gets elected,” adding that they “can’t take that risk.” He added that they had it all in hand because “It’s like an insurance policy in the unlikely event you die before you’re 40.” In fact, whether it was known to Strzok or not, there was an insurance policy in the works. In July 2016, then-CIA Director John Brennan briefed President Barack Obama on Hillary Clinton’s alleged “plan” to tie then-candidate Donald Trump to Russia as “a means of distracting the public from her use of a private email server.” Brennan is believed to be a target of the current investigation, including possible perjury before Congress.

In reality, within days of that briefing on how Clinton would create this conspiracy theory, the investigation began, just as the Clinton campaign hoped it would. Early on, the FBI was told by the CIA that its sources — and the Steele dossier — were unreliable. However, key FBI officials continued the surveillance and the investigation targeting the Trump campaign and key figures. One official later pleaded guilty to lying to the Foreign Intelligence Surveillance Act court to continue surveillance without an evidentiary basis.

At the end of 2016, a CIA assessment found that “Russian and criminal actors did not impact recent U.S. election results by conducting malicious cyber activities against election infrastructure.” That presidential daily brief was scheduled to be published on Dec. 9, 2016, but the office of James Clapper, Obama’s Director of National Intelligence, reportedly stopped the publication “based on some new guidance.” Clapper later joined Obama, along with John Brennan, Susan Rice, John Kerry, Loretta Lynch, Andrew McCabe, and others, in a meeting that would ultimately inject the debunked theory directly into the media.

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“..CNN needs to build a narrative, so the reality of simple explanations works against their interests.”

• Tom Homan: How Immigration and Customs Enforcement Can Supplement TSA (CTH)

Apparently, CNN needs to play the game of pretending that Customs and Border Protection (CBP) as well as Immigration and Customs Enforcement (ICE) do not already operate in U.S. airports. Airports are border checkpoints, and the “customs” part of both ICE and CBP are functions that happen as part of regular duty for CBP and ICE officials.As Tom Homan notes, CBP/ICE already exist in airports and can assist Transportation Security Administration (TSA) officials in various duties including, customs checks, routine security, entrance/exit security as well as baggage and pre-boarding security checkpoints that do not involve the use of x-ray and scanning machines. In fact, more than half the functioning work of TSA agents can easily be handled/supported by ICE/CBP agents. But CNN needs to build a narrative, so the reality of simple explanations works against their interests.


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Too late. “..900,000 Moroccan nationals were living in Spain in 2024..” “What is now causing alarm is not just the scale, but the potential for political mobilization.”

• Alarm Bells In Spain As Moroccan Diaspora Seeks Political Mobilization (RMX)

Spain is facing mounting concern over the long-term consequences of years of large-scale Moroccan migration, as warnings grow that a sizable and increasingly organized community could begin to exert coordinated political influence. Official figures cited by La Región show that nearly 900,000 Moroccan nationals were living in Spain in 2024, making them the largest Muslim group in the country. More than 226,000 are concentrated in Catalonia, with numbers continuing to rise sharply. What is now causing alarm is not just the scale, but the potential for political mobilization.


The Spanish news outlet referenced a 2023 speech by Enaam Mayara, then-president of the Moroccan parliament’s upper chamber, in which he openly called on Moroccans living in Spain to enter politics, join parties, and take part in elections. His goal was clear: to build influence inside Spanish institutions and defend Moroccan national interests from within. “The community in our northern neighbor should be encouraged to participate in that country’s political process,” Mayara said. “Members of the Moroccan community should be encouraged to become members of parliament in the country of their nationality in order to defend the interests of their homeland whenever necessary.” “The Moroccan community must integrate into Spanish political parties to form a lobby that defends Morocco,” he added.

The comments sparked fears that what began as migration could evolve into coordinated political leverage. More recently, Morocco has moved to strengthen its grip on diaspora identity through education. Earlier this month, in response to the suspension of the Arabic language and Moroccan culture program in the Spanish regions of Madrid and Murcia, Moroccan Foreign Minister Nasser Bourita called for reforms to overseas teaching programs that could trigger a “qualitative transformation” in how Arabic language and Moroccan culture are taught to children living abroad.

The changes will place greater responsibility for diaspora education under a new institutional structure, with a focus on expanding cultural and linguistic ties between Morocco and its citizens overseas. The push comes as Moroccan-funded programs are already deeply embedded in Spain’s education system. Hundreds of schools across the country offer Arabic language and Moroccan culture classes financed by Rabat, with teachers selected and paid by Moroccan authorities.

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Essentially, they’re being called extreme right wing because they don’t want to live in a muslim country.

• French Election: Le Pen’s Populists Make Historic Local Gains (ZH)

Marine Le Pen’s National Rally delivered its strongest performance ever in French local elections on Sunday, capturing dozens of municipalities and installing an ally as mayor of Nice – while socialists predictably held onto key urban centers, including Paris, Marseille, Lyon and Lille. The results of the second-round municipal vote on Sunday mark the clearest sign yet that the populist party is no longer a protest movement but a genuine governing force in parts of France – and a growing threat to President Emmanuel Macron’s centrists and the traditional right ahead of the 2027 presidential election.


Jordan Bardella, the 30-year-old RN president widely seen as the party’s next presidential standard-bearer, hailed the night as “the greatest breakthrough in its entire history.” Speaking to cheering supporters, he said voters had delivered “a message of deep aspiration for change.”Marine Le Pen, still battling a conviction that could bar her from running in 2027, struck a similar note: the party is now “implanted everywhere” and ready to govern.

https://twitter.com/Inevitablewest/status/2035821656787107861?

high-stakes runoffs in Marseille, Toulon and Nîmes after left-wing and center-right candidates formed tactical alliances against it. In Paris and other major cities, the party remained marginal.The party did secure one major symbolic prize: former Les Républicains leader Éric Ciotti, who defected to the RN orbit, won the mayor’s office in Nice, France’s fifth-largest city.

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“.. the European Commission has many tools and techniques to shift the outcome. This single small Hungarian election is the most critical election for the EU since Brexit. There are trillions at stake!”

• Major Gains for Germany’s AfD Nationalist Party (CTH)

Chancellor Friedrich Merz’s conservative party the Christian Democratic Union (CDU) won the biggest portion of the election, defeating the Social Democratic Party (SPD) who lost ground in the western area bordering France. However, the biggest electoral gains were for the Alternative for Germany (AfD) party, with gains that more than doubled its previous vote share. There is intense interest throughout Europe on the ideological shift in political sentiment mostly driven by economic concerns as well as rising nationalistic sentiment against the elitist minds in Brussels. Essentially those being ‘ruled’ are increasingly fed-up by those doing the ‘ruling.’


The AfD party is akin to the pragmatic MAGA base more focused on economic nationalism than all the nonsense associated with multiculturalism, green energy programs and terrible immigration policy. The ideological battle within Europe is ongoing, with some gains by nationalist parties over the collective mindset of the European elites. However, the European Commission doesn’t just have a finger on the scales, they have full control over the mechanics of the elections themselves. Yes, AfD doubled their share of votes to 20%, but CDU at 31% and the socialists at 26% is akin to mainstream corporate republicans and progressives respectively controlling 57% of the support base.

The biggest election to be held in Europe in the last decade or more, is going to be the election in Hungary which takes place April 12, next month. The European Commission is going all-in to try and manipulate the Hungarian voting base against Prime Minister Viktor Orban and the Fidesz party who is/are viewed by Brussels as standing in the way of their scheme to fund the ongoing war in Ukraine. Orban’s reelection campaign has been under relentless assaults from restrictions on EU social media, to outright propaganda and financing for his opposition Péter Magyar and the Tisza party.

Prime Minister Orban is strongly supported by President Donald Trump and the Trump administration; however, the scale of opposition to both of them is intense. Former leftist USAID Administrator Samantha Power spent time inside Hungary organizing the Tisza party to oppose Viktor Orban, and the totality of the European opposition to Orban cannot be underestimated. Every element of every political construct within the Europe Union is aligned to try and defeat Orban and the Fidesz party. Additionally, the government of Ukraine is actively working all intelligence angles to defeat Orban due to the $90 billion EU loan scheme that Hungary is blocking. Prime Minister Viktor Orban winning reelection this time in 2026 would be akin to Trump’s victory in 2016.

Do not underestimate the power of the U.K/European control system and the alignment of all their collective interests. Chancellor Fredrich Merz (Germany), President Emmanuel Macron (France), Prime Minister Keir Starmer (UK) along with the governing elites of Denmark, Finland, Sweden, Norway, Austria, Switzerland, Netherlands and many more, have all publicly taken positions against Hungary. As we saw in Romania, Moldova and Georgia, it is not simply a matter of what the Hungarian voters want that will determine the outcome of the Hungarian election, the European Commission has many tools and techniques to shift the outcome. This single small Hungarian election is the most critical election for the EU since Brexit. There are trillions at stake!

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“..a good example of the failure of international law, which is one way to describe a fire while refusing to notice that you’re actually holding a fire extinguisher.”

• Western Europe Wrestles With Its Daddy Issues (Rachel Marsden)

NATO is supposed to be a defensive alliance. That means members aren’t actually obligated to go bail out a member state that goes around the world punching other countries in the face. Easy mistake to make from the optics of other recent conflicts, though, where the term “defensive” has been doing a lot of impressive rhetorical gymnastics.

US President Donald Trump hasn’t been able to talk his ‘allies’ into coming along for the white-knuckle adventure this time. Largely because he threatened to invade Europe – specifically Greenland – barely weeks before asking for their help to do the same to another country. Apparently, they took his threat so seriously that they were getting ready to beat him to the punch by blowing up their own airfields first, according to the New York Times.


Before Trump just decided to go it alone and threaten to fix the global energy problem in the Strait of Hormuz by also blowing up a bunch of power plants in the region, he got to the “who needs these losers anyway” stage with Western Europe. Let’s see… Starmer is no Churchill, Trump says. Sick burn, if it were still 1940 and not just a guy declining participation in your dodgy group project. French participation doesn’t even really count, Trump says, because President Emmanuel Macron will be gone soon. Like a sitcom character whose hand is on the knob with one foot out the door in every scene.

But here in the real world, Macron is actually still the president of France for another year. And it’s not like anyone who could possibly replace him would be up for this political suicide mission that Trump’s proposing, either. Hardly a day goes by without French military brass appearing on TV, either telling Trump to go “f himself” or else comparing his invitation to something along the lines of buying tickets for the Titanic after it hit the iceberg.

The Irish president should just be grateful for Trump’s mere existence, he says. Who isn’t at this point, right? One day Trump’s telling all the NATO allies to just get in the van already. The van’s on fire, but minor detail. And they’re like, no thanks. Not interested in careening down regime change highway with Trump and Benjamin Netanyahu like a scene out of Mad Max.

So at first Trump tries to make it sound like it’s for their own benefit to go send their own troops to hangout in the Strait of Hormuz where missiles are flying around. Because they’re the ones who largely use the oil that normally transits through it when Iran hasn’t closed it because Trump and Bibi started bombing them. A phenomenon that does tend to complicate shipping schedules.

Probably doesn’t help either that Europe already had the experience of volunteering to do the heavy lifting for Washington just so an American president, Barack Obama, could brag to his people that America did a regime change without a single pair of boots on the ground. Right, because there were covert, European boots on the ground. In Libya. Led by the Brits and French, back in 2011. And that turned into a years-long mess for Europe and a migrant tsunami that kept rolling in long after the “mission accomplished” energy had worn off. So it’s no wonder that some of those 15 NATO countries that helped out in Libya aren’t up for a rerun. Once you’ve helped a friend move and it turns into a ten-year renovation project, the next time they call you just let it ring.

So Europe is banking on riding out the fuel disruption instead of prolonging it by getting involved with the risk of provoking an escalation. Unless of course the missiles stop flying. In which case, Macron will be there in a jiffy to film more heavily militarized thirst trap videos.n It’s one thing to not participate, but what are they actually doing to stop it, besides issuing strongly worded statements that reek of déjà vu?

The bloc’s chief diplomat says that it’s all such a good example of the failure of international law, which is one way to describe a fire while refusing to notice that you’re actually holding a fire extinguisher. Conflicts in Ukraine and the Middle East “are products of erosion of the international law without accountability, judicial or political, the war will engulf the world once again,” Kaja Kallas said.nGotta love the passive verbiage doing the heavy lifting there. Really lets everyone off the hook. Yeah, international law just eroded on Iran. How did that happen? All by itself? Or because no one can bother actually trying to enforce it when it’s inconvenient because it involves the risk of eliciting the wrath of Daddy Trump?

She has no problem comparing the conflicts in Ukraine and Iran except in failing to notice that that one has involved like 20 packages of EU sanctions and the other zero. Or to notice that their favorite foster kid has been begging Trump to let him come play drone warfare in this war with the toys that they’ve been buying for him with money from the same EU taxpayers who are now being gauged on energy prices yet again as a result of this new war. The same war that the EU says violates international law.

Ukraine’s Vladimir Zelensky has said that he’s psyched to get over there and play in the sandbox with all his shiny new drones – which is one way to pitch the escalation that the EU says it doesn’t want. And the EU’s like, can’t you see – he’s really hurting here! “The longer the war continues in the Middle East, the more Ukraine suffers,” Kallas said. I’m really trying to lean into this whole Ukraine x Iran crossover. “I mean, Russia is already making money off the war in the Middle East with higher oil prices and the Strait of Hormuz closed, they can now again fund the war.”

Try telling that to your boy, Zelensky. Does he know that offering to help prolong the war with his drones would just be making Putin more money? But really, why should he even care when the EU keeps insisting on having their citizens pay for it all anyway.

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He made them rich, but it’s still not enough.

• Jury Finds Musk Liable to Twitter Shareholders in Lawsuit (ET)

A federal jury on March 20 found tech billionaire Elon Musk liable for misleading Twitter shareholders by driving down the social media platform’s stock price months before acquiring it for $44 billion in 2022. The decision follows a civil class action lawsuit filed by Twitter investors in October 2022. Musk agreed to buy Twitter at $54.20 per share in April 2022 but later tried to back out of the deal, leading the company to take legal action to enforce it. He ultimately completed the acquisition in October 2022 and rebranded Twitter as X. The shareholders alleged that Musk made misleading statements after agreeing to buy Twitter in April 2022, leading them to sell their shares. They alleged that he published the statements to drive down Twitter stock prices in a bid to renegotiate the deal.


In a verdict on March 20, jurors found Musk liable for misleading investors through two social media posts. The first post said the deal was temporarily on hold pending verification that bots accounted for less than 5 percent of users on the social media platform. In the second post, Musk suggested that the percentage of bots could exceed 20 percent and said the buyout of Twitter could not go forward until he received confirmation that it was less than 5 percent. However, the jury found that the plaintiffs failed to substantiate claims that Musk had engaged in a scheme to defraud investors. The plaintiffs attorney, Mark Molumphy, called the verdict an important victory for both Twitter investors and the public markets.

“I think the jury’s verdict sends a strong message that just because you’re a rich and powerful person, you still have to obey the law, and no man is above the law, Molumphy told The Associated Press.Musk’s legal team at Quinn Emanuel Urquhart & Sullivan said in a statement to multiple news outlets that they plan to appeal the verdict. “We view today’s verdict, where the jury found both for and against the plaintiffs and found no fraud scheme, as a bump in the road. And we look forward to vindication on appeal,” his legal counsel said.

Musk also faces a lawsuit from the Securities and Exchange Commission (SEC), which alleges that he violated federal securities laws by delaying disclosure of his acquisition of Twitter stock in March 2022, before making an offer to buy the company. The SEC said the delay had allowed Musk to buy more shares at lower prices, allowing him to “underpay by at least $150 million for shares that he purchased after his beneficial ownership report was due,” according to the January 2025 filing. Musk has sought dismissal of the suit.

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https://twitter.com/PM_ViktorOrban/status/2036091858829316542?s=20 https://twitter.com/Panchenko_X/status/2036097338179989660?s=20

 

 

 

 

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Debt Rattle June 17 2025

Jun 172025
 
 June 17, 2025  Posted by at 9:45 am Finance Tagged with: , , , , , , , ,  76 Responses »


Rembrandt van Rijn Small self portrait 1627-28

 

• Trump Warns ‘Everyone’ To Flee Tehran (RT)
• How Iran Turned Israel’s Iron Dome Against Itself Using Clever Jamming (Sp.)
• US Aerial Tankers Headed To Middle East – Media (RT)
• Russia Should Be In G8 – Trump (RT)
• The Crux of the Problem is NATO on Russia’s Borders (Paul Craig Roberts)
• Kiev and London Plotting ‘Bloody Provocations’ – Russian Spy Agency (RT)
• US Postpones Talks With Russia – Moscow (RT)
• Russia Has Fulfilled Istanbul Promises – Medinsky (RT)
• Russian Diplomats Facing ‘Nerve-wracking’ Situation In Israel – Envoy (RT)
• Zelenskyy and Sheinbaum Travel to G7 Canada to Influence and Intercept (CTH)
• Martin Kulldorff Named To CDC Vaccine Panel (ZH)
• King-Less? (James Howard Kunstler)
• Islam Growing Three Times As Fast As Christianity – Study (RT)
• Happy Birthday Donald, Happy US Army and Flag Day (Helmer)
• 10 YEARS AGO: Donald Trump Announces Presidential Candidacy (DS)

 

 

https://twitter.com/MarioNawfal/status/1934236554765176878

 

 

Mossad
https://twitter.com/tpvsean/status/1934340625479934430

 

 

 

 

 

 

One day. the news is focused on one topic: Iran/Israel. The next, it’s all over again.

We wait: will Persia act next?

Note: Metro Tehran has 17 million people. It’s like evacuating New York City. No can do.

• Trump Warns ‘Everyone’ To Flee Tehran (RT)

US President Donald Trump has issued a cryptic warning on Truth Social, urging “everyone” to leave Tehran as soon as possible, without confirming whether Washington will intervene in the ongoing tit-for-tat hostilities between Israel and Iran. The two states have been exchanging strikes since West Jerusalem bombed Iranian nuclear and military facilities last Friday, describing the move as a preemptive effort to halt the Islamic Republic’s alleged pursuit of nuclear weapons. Iran, which denies these claims, said the airstrikes amounted to a declaration of war and has retaliated with multiple volleys of ballistic missiles. “Iran should have signed the ‘deal’ I told them to sign. Such a shame and waste of human life. Simply stated, IRAN CANNOT HAVE A NUCLEAR WEAPON. I said it over and over again!” Trump wrote on Monday evening, as the conflict entered its fifth day.

“Everyone needs to evacuate Tehran immediately!” the US leader added, without elaborating on where the city’s roughly 10 million residents should go. Trump earlier insisted that the US “had nothing to do with the attack on Iran” but warned Tehran of retaliation “at levels never seen before” if it targets American assets in the region. He declined to clarify what might trigger US military involvement, telling reporters on Monday: “I don’t want to talk about that.” Earlier in the day, US Defense Secretary Pete Hegseth confirmed the deployment of additional “defensive capabilities” to the Middle East, without disclosing which military assets were sent over the weekend. “Protecting US forces is our top priority, and these deployments are intended to enhance our defensive posture in the region,” Hegseth posted on X.

According to Military Watch Magazine, the US has reportedly sent more than 30 aerial refueling tankers across the Atlantic toward the Middle East. The outlet described the buildup as “unprecedented,” suggesting it could signal broader US involvement in the Israeli-Iranian conflict. bIsrael has reportedly asked the US to participate directly in strikes on Iran. The IDF lacks the bunker-buster bombs required to destroy the Islamic Republic’s heavily fortified underground nuclear sites, but Washington could supply them, Axios reported Saturday, citing West Jerusalem officials.

Israeli Prime Minister Benjamin Netanyahu has refused to rule out an attempt to assassinate Iranian Supreme Leader Ali Khamenei, telling ABC News on Monday: “It’s going to end the conflict.” Tehran has repeatedly stated that its nuclear program is peaceful and has accused Israel of undermining diplomatic efforts with the US. “Iran did NOT begin this war and has no interest in perpetuating bloodshed. But we will proudly fight to the last drop of blood to protect our land,” Iranian Foreign Minister Abbas Araghchi posted on X on Monday. He warned that “getting the US mired in the Mother of Forever Wars” would destroy any chance of a diplomatic solution.

Read more …

The reports are very one-sided on US/Israel power. But Iran is not some backwater anymore.

• How Iran Turned Israel’s Iron Dome Against Itself Using Clever Jamming (Sp.)

New evidence suggests that Iran successfully compromised Israel’s vaunted air defense systems during recent attacks — forcing Tel Aviv to fire on its own positions. How? Iran overwhelmed Israeli defenses by breaching the data transmission and correction system early in flight, explains military expert and historian of the Air Defense Forces Yuri Knutov. “Based on the footage that was released, it seems that the Iranians were able to breach the data transmission and correction signal system at the early stage when the missiles were flying, using an inertial guidance system. As a result, the system misdirected the missiles, not toward their intended target, but toward Israel’s own surface-to-air missile batteries, leading to a strike on them.”

The attack included:
100+ Shahed drones (swarming tactics)
Decoy ballistic missiles (old models to waste interceptors)
Fattah hypersonic missiles (unstoppable by Israeli Arrow/PAC-3)
As a result, the Iron Dome’s interception rate dropped drastically to just 10-15%.

“The use of jamming against surface-to-air missiles and missile defense systems is actually a fairly old tactic. During the Vietnam War, the Americans used jamming to mislead missiles by range, angle, and many other active interference methods. Special transmitters were deployed to create the illusion of aircraft presence on the radar screens of Vietnamese missile guidance stations,” Knutov says. “During the Arab-Israeli conflicts of 1970 and 1973, similar jamming techniques were used by both Israeli and Egyptian pilots, as well as Soviet pilots who assisted the Egyptians,” he adds.

Iran’s hypersonic Fattah missiles and Haj Qassems guided ballistics hit critical Israeli targets, including the Defense Ministry HQ and a major airbase housing F-35 and F-16 fighters. Despite Israel’s marketing of its advanced defense systems, the Arrow and Patriot systems failed to stop them. Iran also deployed decoys so effectively that Israeli strikes repeatedly hit fake targets. The Iron Dome, which covers only 144 sq km and is good for single rockets, but seemingly couldn’t handle mass attacks or the hypersonic gap — Fattah missiles reach Israel in 7 minutes, while the Iron Dome needs 11 minutes to reload. Iran has learned from past Israeli strikes and improved tactics, establishing backup command centers and more efficient maneuvering to increase its chances of success.

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US bombers? Stay home.

• US Aerial Tankers Headed To Middle East – Media (RT)

The US has reportedly deployed more than 30 aerial refueling tankers across the Atlantic toward the Middle East, Military Watch Magazine reported on Monday. The outlet has described the buildup as “unprecedented,” claiming it could suggest broader US involvement in the ongoing Israeli-Iranian war. West Jerusalem and Tehran have entered the fourth day of open hostilities. Last Thursday, Israeli forces launched airstrikes on Iranian nuclear and military targets, killing senior military officials and scientists and prompting retaliatory missile barrages on Israeli cities such as Tel Aviv and Haifa. The US has expressed support for the Israeli strikes, with President Donald Trump calling them “excellent.”

He has also warned that Washington could become directly involved in the conflict if American interests are threatened but has yet to announce any plans to involve US forces. However, according to flight tracking data, the US has already started deploying KC-135 and KC-46 aerial refueling tankers to the Middle East. Military Watch Magazine has suggested that the aircraft may be intended to support Israeli Air Force operations or refuel US fighters and bombers if Washington expands its role in the conflict. The report also claims that tankers from other Western countries have participated in Israeli aerial refueling efforts, while the US is believed to have provided intelligence, satellite targeting data, and missile defense support. On Sunday, Axios reported that Israeli officials had asked the US to directly take part in the military operation, specifically requesting assistance in striking Iran’s Fordow enrichment facility.

However, US officials cited by the outlet said the request was declined, with one stating that the Trump administration is not considering any such involvement. Nevertheless, Tehran has claimed that Washington’s support for West Jerusalem has made the US complicit in Israel’s aggression against Iran. Sources within the Iranian military have also reportedly indicated that Tehran’s response to Israeli strikes would “spread to all areas occupied by this [Israeli] regime and related US bases in the region in the coming days. In response, Trump has warned that any Iranian attack on US forces would trigger a military response, writing on his Truth Social platform that “if we are attacked in any way, shape, or form by Iran, the full strength and might of the US Armed Forces will come down on you at levels never seen before.” He also insisted that the US “had nothing to do with the attack on Iran” and called on Tehran to return to negotiations.

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“..Obama and a person named [..] Trudeau didn’t want to have Russia in.”

• Russia Should Be In G8 – Trump (RT)

US President Donald Trump has called Russia’s removal from the group of major Western economies (G8) a mistake, arguing that the country’s presence could have helped prevent the escalation of the Ukraine conflict. Russia joined the group originally known as the G7 in 1997. It includes Canada, France, Germany, Italy, Japan, the UK, the US, and also the EU as a “non-enumerated member.” Moscow’s membership was suspended in 2014 following Crimea’s reunification with Russia, upon which the G8 reverted to the G7. Crimea voted to leave Ukraine and become part of Russia via a referendum in the aftermath of a Western-backed Maidan coup in Kiev. Trump made the remarks on Monday at the opening of the G7 Leaders’ Summit in Canada, recalling that Russia had been part of the group before.

“The G7 used to be the G8,” he said at his first meeting of the summit with Canadian Prime Minister Mark Carney. “[Former US President] Barack Obama and a person named [former Canadian Prime Minister Justin] Trudeau didn’t want to have Russia in.” “And I would say that that was a mistake, because I think you wouldn’t have a war right now if you had Russia in, and you wouldn’t have a war right now if Trump were president four years ago,” he argued. Trump repeatedly criticized Russia’s exclusion and floated the idea of bringing Moscow back during his first term, though the proposal was rejected by other members. In February, Trump once again said he would “love” to see Russia back in the group.

The Kremlin responded by saying the G7 has “lost its relevance” as it no longer reflects current global economic dynamics. Spokesman Dmitry Peskov pointed to the G20 as a more representative format, noting it includes fast-growing economies like China, India, and Brazil. “The G20 better reflects the economic locomotives of the world,” he said. Trump, who has been calling for a settlement to the Ukraine conflict, said at the G7 summit: “You spend so much time talking about Russia, and [Russian President Vladimir Putin is] no longer at the table,” which he said “makes life more complicated.”

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“..How did three countries that are not hostile toward the West get turned into enemies whose subjugation is worth the risk of nuclear war?”

• The Crux of the Problem is NATO on Russia’s Borders (Paul Craig Roberts)

Have you noticed how many wars there are without being declared? Israel launches a military attack on Iran and Iran retaliates, but there is no declaration of war. Israel will attack again, and Iran will again respond by retaliating. But neither country is at war. Russia has been in conflict with Ukraine since February, 2023, but it is a Special Military Operation, not a war. Russia’s strategic triad was attacked, but it was merely a terrorist action, not an act of war. After a couple of years of being bombed, Gaza’s population is now being starved to death, but it is just a matter of clearing the area so a resort can be built. Libya and its leadership were destroyed; Iraq and its leadership were destroyed; Syria and its leadership were destroyed. But it wasn’t wars, just the imposition of democracy. Saudi Arabia invaded Yemen, but war was not declared. Israel’s attacks on Lebanon and Hezbollah are merely anti-terrorist operations, not war.

War is everywhere but the reality cannot be acknowledged. The most serious event of all is not even acknowledged. Someone in the West gave a green light for an attack on Russia’s nuclear triad despite the fact that Russia’s war doctrine requires a “strategic response” to such an attack. Putin sidestepped the issue by declaring the attack to be a terrorist action, not an act of war. But whoever gave the green light for an attack that could have initiated nuclear war between Russia and the West has not been identified and held accountable for the risk to which he subjected life on earth. Indeed, there is zero interest in discovering how the West green lighted an attack that under Russian war doctrine should have initiated nuclear war. Putin pretends it didn’t happen, and Washington is uninterested in who and how the US could have found itself in nuclear war.

President Trump says he did not know of the planned attack on Russia’s strategic triad. This should scare Trump to death. But he seems uninterested in who it was that would have initiated nuclear war with Russia had Putin not flinched. How is it that the American people, the people of Europe, the Russians, Chinese and the rest of the world can be content that it is not in the hands of President Trump whether a strike on Russia that could result in nuclear war can be initiated? How is it that an outside third party has the initiative? Left unexamined, what will the next reckless provocation be? At what point will Putin be forced to recognize reality and be forced to respond? The entire media, governments, and security agencies of the world should be focused on identifying, and preventing, a third party from initiating nuclear conflict between the two major nuclear powers.

Instead, there is no interest in the question. False narratives are in place, and they are running their course. Despite his boasts, Trump has done nothing to achieve peace. Trump could easily forestall Israeli attacks on Iran by agreeing to an inspection to certify the extent of Iran’s enrichment of uranium. Instead, Trump read Iran an ultimatum–which Trump regards as a negotiation–to stop enriching uranium for any purpose or risk being bombed out of existence. In other words, for Trump negotiation means complying with Trump’s demands. Imposing hegemony is not negotiation.

Putin says the Ukraine negotiations must address the central issue. Does anyone in Washington understand that the central issue is NATO on Russia’s borders? There are US missile bases in Poland and Romania. The missiles can be loaded with conventional or nuclear warheads. This is an existential problem for Russia, as were Soviet missile bases in Cuba for the US. President Trump can diffuse the entire issue by removing the US missile bases on Russia’s borders and by rolling NATO back to the 1997 borders.

Trump could diffuse the situation in the Middle East by announcing publicly that the US will not support any more Israeli aggression, and Trump could cease picking a fight with China. Ask yourself, what is Russia doing to us? Nothing. What is Iran doing to US? Nothing, What is China doing to US? Nothing, How did three countries that are not hostile toward the West get turned into enemies whose subjugation is worth the risk of nuclear war? This is a massive failure of Western foreign policy. Where there is no vision the people are lost.

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“The “Anglo-Ukrainian terrorist tandem”..

• Kiev and London Plotting ‘Bloody Provocations’ – Russian Spy Agency (RT)

Kiev and London have been plotting a series of “bloody provocations” to escalate the Ukraine conflict and disrupt dialogue between Moscow and Washington, the Russian Foreign Intelligence Service (SVR) has warned. In a statement issued on Monday, the agency described growing coordination between Ukraine’s Security Service (SBU) and its military intelligence (GUR) with British intelligence, which it said is due to Kiev’s “mounting battlefield setbacks and deepening moral exhaustion.” Such sabotage operations typically follow a set pattern, the SVR said, with Britain planning and coordinating, and Ukrainian operatives carrying out the attacks. The report suggested that the same approach was used in recent railway sabotage in Russia’s Bryansk and Kursk Regions, which Moscow denounced as Ukrainian “terrorist attacks.”

The incidents killed seven and injured over 120, including children. The agency also cited the June 1 Ukrainian drone strikes on Russian airbases as part of the same playbook. The “Anglo-Ukrainian terrorist tandem” is now preparing more attacks, the SVR claimed, aiming to escalate the conflict, derail Moscow-Washington dialogue, and convince the White House to maintain large-scale military support for Kiev. According to the agency, one such scenario involves a false flag Russian torpedo attack on a US Navy ship in the Baltic Sea. Ukraine has already supplied Soviet-made torpedoes to the UK, the SVR said. Some are meant to detonate at a “safe distance,” while one will be left unexploded “as evidence of Moscow’s malicious activity.” Ukrainian operatives, it added, are prepared to carry out the plan.

Another alleged scheme involves British, Ukrainian, and Northern European partners “accidentally” recovering Russian-made naval mines in the Baltic, supposedly placed to sabotage international maritime shipping routes. “Kiev has become the perfect executor of vile provocations and terrorist acts for perfidious Albion [England],” the SVR concluded. The agency’s chief, Sergey Naryshkin, has repeatedly warned of possible British provocations, saying the SVR is well aware of London’s covert hostile activities against Russia.

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“..Moscow hopes that “the pause they have taken will not last too long.”

• US Postpones Talks With Russia – Moscow (RT)

The US has postponed bilateral consultations with Moscow aimed at easing tensions and restoring diplomatic missions, Russian Foreign Ministry spokeswoman Maria Zakharova announced on Monday. Earlier this year, Russia and the US held two rounds of high-level talks, the first on February 18 in Riyadh, Saudi Arabia, and the second on February 27 in Istanbul, Türkiye. The discussions marked the first major direct talks since the deterioration of relations following the outbreak of the conflict in Ukraine. The agenda included mutual restoration of embassy operations, easing visa issuance, addressing the Ukraine conflict, and exploring potential post-conflict economic cooperation. The next round of talks was to take place in Moscow. However, according to Zakharova, this meeting was canceled at the initiative of the American negotiators.

In a statement published on the Russian Foreign Ministry’s Telegram channel, she stated, “As of today, the next meeting within the framework of bilateral consultations on eliminating ‘irritants’ to normalize the operation of diplomatic missions of both countries has been canceled at the initiative of the American negotiators.” She did not disclose the reason Washington’s gave for postponing the meetings, adding only that Moscow hopes that “the pause they have taken will not last too long.” Since taking office earlier this year, US President Donald Trump has made efforts to reestablish contact with Moscow, which had been largely severed under his predecessor, Joe Biden. Russian officials have welcomed the shift, also expressing readiness to normalize bilateral relations.

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“The bodies of over 6,000 Ukrainian soldiers have been handed over to Kiev as agreed, Vladimir Medinsky has announced..Kiev returned the bodies of 78 slain Russian soldiers, he added..”

• Russia Has Fulfilled Istanbul Promises – Medinsky (RT)

Russia has returned the bodies of thousands of Ukrainian soldiers, Moscow’s chief negotiator for the Ukraine conflict, Vladimir Medinsky, has said. Moscow repatriated a total of 6,060 sets of military remains, the presidential aide said in an update posted on Telegram on Monday. Kiev returned the bodies of 78 slain Russian soldiers, he added. The exchange was agreed upon during the latest round of direct talks between Moscow and Kiev, hosted by Türkiye, in June. Medinsky’s Ukrainian counterpart, Defense Minister Rustem Umerov, suggested at the time that Kiev would hand over an equal number of killed Russian troops.

In April, Ukraine’s Vladimir Zelensky stated in the interview that Ukraine had lost up to 100,000 troops since the escalation of the conflict in 2022. Russian Defense Ministry estimates suggest that Kiev’s losses are an order of magnitude higher than that, as of the end of 2024, with more than half of the total casualties suffered that year. The handover of military remains to Ukraine was jeopardized after Kiev reportedly refused to accept the first batch, on June 7. Ukrainian officials blamed Russia for being too hasty, though the exchange started the following day and and continued over the past week.

Kiev presently relies on mandatory conscription of men aged at least 25 years to refill the ranks of its armed forces and is currently considering making men over 60 years old eligible for the army. The mobilization campaign has been undermined by mass draft avoidance and alleged corruption among military officials responsible for recruitment.

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Odd news.

• Russian Diplomats Facing ‘Nerve-wracking’ Situation In Israel – Envoy (RT)

Russian nationals in Israel, including diplomatic staff, are facing significant danger due to the country’s ongoing hostilities with Iran, Ambassador Anatoly Viktorov said Monday. In an interview with the television news channel Russia 24, Viktorov outlined the mounting difficulties confronting the embassy since tensions escalated following Israel’s attacks on Iranian nuclear sites last week. “The situation is nerve-wracking, I must admit. The threat to the lives and well-being of both diplomats and Russian citizens in Israel is not ephemeral,” Viktorov said from Tel Aviv. He noted that shockwaves from nearby explosions had shattered windows in several embassy residences. “Thankfully, there were no direct hits, but the incidents were unfortunate,” he said.

Viktorov added that the US consular office in Tel Aviv had also recently sustained minor damage from flying debris. Embassy staff have also seen their workloads increase significantly during the crisis. Viktorov said he had only managed three hours of sleep the previous night. Still, he urged employees to take their annual leave. “This is a good moment to take families and rest back home,” he said. The embassy has encouraged Russian nationals to exit Israel via Egypt, citing safety concerns. According to Viktorov, dozens have already done so and “rightfully so.”

Israel has said its strikes on Iranian nuclear facilities, scientists, and senior officials were “pre-emptive,” claiming Tehran posed an existential threat. Iran denies the allegations, maintaining its nuclear program is peaceful. It has responded with missile attacks, calling them legitimate acts of self-defense. Exchanges of fire between the two nations have occurred daily since the hostilities erupted last Friday.

Moscow has placed responsibility for the escalation on Israel, accusing it of seeking to derail the indirect US-Iran negotiations over Tehran’s nuclear program. Russian officials have also warned that strikes on nuclear sites pose a potential global risk of radioactive contamination. The broader regional conflict traces back to October 2023, when a deadly incursion by the Palestinian militant group Hamas led to a sustained Israeli military operation in Gaza. West Jerusalem has also carried out air strikes in Lebanon, Syria, Iraq, and Yemen.

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G7 came ad went.

• Zelenskyy and Sheinbaum Travel to G7 Canada to Influence and Intercept (CTH)

I’ll break out a different analytical discussion on other foreign interest matters in a separate post; however, as the G7 kicks off it is very interesting to notice who shows up on President Trump’s G7 schedule in Canada – that has absolutely no bearing on the G7 meeting in Canada. According to the schedule, President Trump has meetings with both Ukraine President Volodymyr Zelenskyy and Mexican President Claudia Sheinbaum. Neither Mexico or Ukraine are in the G7 (Italy, Germany, France, USA, Canada, Japan, U.K). Obviously Zelenskyy is traveling to Canada at the behest of the global intelligence network because they are afraid President Trump may no longer keep Zelenskyy at the center of the foreign policy universe. The distraction of Iran/Israel might take away the focus of President Trump – Zelenskyy cannot bear the thought of that.

For President Sheinbaum, the first Jewish leader in Mexican history, the issues are even more dramatic, consequential and serious. President Trump’s rapid deportation program is making it very difficult for Mexicans in the USA to send money back to Mexico. This is quickly becoming an urgent matter for Mexican officials who will be forced to intervene in support of the local Mexican economy if President Trump keeps impeding the accumulation of illegal wages in the USA. These two meetings are on top of all the other G7 priority meetings that are traditionally scheduled. Italian Prime Minister Giorgia Meloni is intent on leveraging all the effort she put into gaining close proximity to President Trump’s inner circle for influence. Unfortunately, Meloni used Elon Musk as the entry point and, well, now her sense of desperation to retain relevance gets context.

French President Emmanuel Macron is currently battling British Prime Minister Kier Starmer in the quest to see who has more influence over President Trump. Starmer has a state visit and praise from King Charles to bolster his agenda, but Macron has a longer tenure of proximity to Trump. Zelenskyy showing up in Canada is intended to make Europe the focus of the assembly, with Macron and Starmer representing the ‘coalition of the -mostly- willing’. Canadian Prime Minister Mark Carney, is unfortunately not getting as much attention despite hosting the G7. The reasoning is simple, Carney doesn’t represent anything of value to the USA agenda until President Trump decides to take apart the USMCA trade agreement. Until that process begins, the shouting of Canada about tariffs is akin to an annoying buzzing sound in the background; irrelevant white noise from the snow Mexicans.

Ursula von der Leyen will be in Canada because the insufferable European Union always consider themselves as part of the G7 despite not being a nation. The stupid parliamentarians of the EU always demand representation for their Brussels nonsense and often the NATO knuckleheads tag along. In many ways we can look at the appearance of Mexico and Ukraine through the prism that the G7 doesn’t have any other issues more important to them than (1) trade/tariffs, and (2) war against Russia. PM Carney willing to inject any ally of his that might assist the trade war and Ukraine war advocacy.

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World-renowned infectious-disease epidemiologist Martin Kulldorff — who was fired from Harvard Medical School last year after refusing the COVID vaccine — just got a new gig.

• Martin Kulldorff Named To CDC Vaccine Panel (ZH)

Kulldorff has been named a member of the Centers for Disease Control and Prevention’s Advisory Committee for Immunization Practices. Kulldorff, who had refused the COVID vaccine because of his infection-acquired immunity, lost his appointment at a Harvard-affiliated hospital in the early days of the COVID era, and in March of 2024 was officially terminated as a med school faculty member. Since the COVID lockdowns began five years ago this month, Kulldorff argued that tactics such as social distancing, masking children, vaccines after infections, and other extreme measures were not the best course of action to fight the virus. He co-authored the Great Barrington Declaration, which called for sensible tactics that would allow the globe to reach “herd immunity” and has been signed by nearly 1 million scientists worldwide.

Health Secretary Robert F. Kennedy Jr., in announcing the new members of the panel last week on X, wrote that his selections signify a “major step towards restoring public trust in vaccines.” Kennedy wrote he retired the 17 current members of the committee and is repopulating ACIP with eight new members “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,” Kennedy stated. MassLive reported that in 2021, “Kulldorff posted on X that ‘thinking that everyone must be vaccinated is as scientifically flawed as thinking that nobody should.’”

“COVID vaccines are important for older high-risk people and their care-takers,” he wrote. “Those with prior natural infection do not need it. Nor children.” According to the New York Times, after Kennedy’s announcement, some infectious disease and vaccine experts accused the health secretary of going back on his pledge not to pick so-called anti-vaxxers. “When Mr. Kennedy fired the entire committee, known as the A.C.I.P., he cited financial conflicts of interest and said a clean sweep was necessary to restore public trust in vaccination,” the Times reported. As for Harvard’s role in the controversy, writing in City Journal last year, Kulldorff argued that Harvard turned its back on him, open debate, and medical freedom.

“The beauty of our immune system is that those who recover from an infection are protected if and when they are re-exposed. This has been known since the Athenian Plague of 430 BC—but it is no longer known at Harvard,” he wrote. “Three prominent Harvard faculty coauthored the now infamous ‘consensus’ memorandum in The Lancet, questioning the existence of Covid-acquired immunity. By continuing to mandate the vaccine for students with a prior Covid infection, Harvard is de facto denying 2,500 years of science.”Kennedy, in announcing Kulldorff, noted he is a biostatistician and “a leading expert in vaccine safety and infectious disease surveillance.”“… Dr. Kulldorff developed widely used tools such as SaTScan and TreeScan for detecting disease outbreaks and vaccine adverse events. His expertise includes statistical methods for public health surveillance, immunization safety, and infectious disease epidemiology. He has also been an influential voice in public health policy, advocating for evidence-based approaches to pandemic response.”

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The Clinton-Soros machine.

• King-Less? (James Howard Kunstler)

Saturday morning, we toodled over to the next town, Salem, New York, (pop. 2,612, per capita income $19,499) fifty miles northeast of Albany, to catch one of the hundreds of “No Kings” demos across the nation sponsored by Shanghai-based software billionaire Neville Roy Singham, Walmart heiress Christy Walton, Paypal partner (and Linked-in founder) Reid Hoffman, and father-and son team, George and Alex Soros. Speaking of A;ex Soros, Saturday also happened to be his wedding day, to Huma Abedin, former Hillary Clinton sidekick and BFF (and ex-wife of disgraced congressman and convicted sex offender Anthony Weiner.) The nuptials happened at the Soros’s Hamptons estate. Cable news covered the fabulous cavalcade of black Escalade limousines conveying the super-elite of Progressive-Wokery to the glorious event. The New York Times, with its habitual lack of self-awareness, styled the event thusly:

“Liberal royalty?” Say, what. . . ? There is such a thing? In the party of No Kings? What’s the deal, then? Just princes and princesses, dukes and duchesses, earls, viscounts, baronets, lairds, marquis, knights and dames, and so on. Yet, no king? Well, if you asked the fortunate wedding guests, they might aver to Hillary Clinton as a sort-of Queen of the party, or maybe just Queen Bee. As for former president Bill, he appears to be undergoing slow-motion mummification, so he currently occupies an ambiguous zone between this world and the next, with no mojo left for kingly duties. Anyway, it rained that day down on the South Fork. Meanwhile, back upstate, cloudy and cool but no rain, some two-hundred wrathful plebeian souls gathered at the one-stoplight-intersection in little Salem, these days mainly a farm community, the old railroad engine repair shop defunct, and many good non-farm jobs with it, the usual story in this corner of the country. The hopped-up crowd was well-supplied with signs and placards, many avouching Down with Oligarchs! — which, oddly, seemed a sort of backhanded reference to billionaires of the very type underwriting the day’s festivities, not to mention the super-rich “liberal royalty” gang gathered for the Soros-Abedin royal wedding.

But that was only one of the many incongruities haunting the mass protest against the abhorred president, Mr. Trump. For instance, one poor fellow on the southeast corner of South Main and East Broadway inveighed mournfully against the suppression of free speech, apparently unaware of the epic efforts 2021 to 2025 by “Joe Biden’s” underlings to censor the Internet and de-platform the regime’s critics (including yours truly, whose website was mysteriously destroyed in October 2024).

The moiling mob was overwhelmingly geriatric, perhaps reflecting the backwater demographics of a region with few job opportunities for young folk. A spirit of revival bubbled among them as they reenacted old rituals of the hippie halcyon, the grand old days of the Vietnam War protests, when thousands gathered to levitate the Pentagon. Only now, their sentiments and beliefs exhibit a striking and peculiar inversion of the ancient 1960s credos that drove the beloved Movement.

I know because I was there, on campus, between 1966 and 1971. Back then, the Left opposed the wicked “establishment” and all its nefarious operations, from the war in Vietnam to the FBI’s underhanded suppression of political dissent. These days, strange to relate, the Left stands in staunch defense of the Deep State, big government (and its prodigious corruption), and the politicization of the FBI and CIA.

Their placards lament the withering of “our democracy,” yet they were just fine with “Joe Biden” selecting a 2024 presidential candidate for them — with no customary vote by party delegates, or anything approaching an open democratic process. They shout for the “rule-of-law,” except when it concerns special persons such as the former president’s crackhead, bag-man son. They’re all for the colossal grift around the war in Ukraine. And don’t forget they supported vaccine mandates, the closing and ruination of small businesses (while Walmart and Taco Bell were allowed to thrive), and all the other hypocritical, fraudulent, lethal actions of Covid-19 policy.

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“..a Muslim woman was estimated to have 2.9 children during her lifetime, compared to 2.2 for non-Muslim women..”

“Islam is set to grow to become the world’s largest religion in years ahead, unless trend lines shift..”

• Islam Growing Three Times As Fast As Christianity – Study (RT)

Islam grew approximately three times as fast as Christianity between 2010 and 2020, spurred by higher birth rates and lower rates of deconversion, according to new data from the Pew Research Center. The global population of Muslims rose by nearly 21% over the ten-year span, while the number of Christians only grew by around 6%, according to data from the study, which was released last week. The number of Muslims grew twice as fast as the rest of the world’s population, which expanded by 10% during the same decade. Islam also gained more individual followers than all non-Muslim religions combined during the decade, the research indicated. The study cited higher birth rates and a younger average age among adherents of Islam as key reasons for the growth.

On average, a Muslim woman was estimated to have 2.9 children during her lifetime, compared to 2.2 for non-Muslim women, the research suggested, citing 2015-2020 data. New converts and those leaving the faith had little impact on the growth, as both averaged about 1% during the 2010s, according to the study. Despite growing more slowly, Christianity had remained the world’s largest religion, with 2.3 billion followers in 2020, while Islam held second place with 2 billion, the research indicated. While the number of Christians grew within the ten-year period, the religion’s overall share of the global population shrank by nearly 2%, according to the data. Christian population growth has tapered due to high rates of people leaving to become religiously unaffiliated, according to the study. Despite relatively high fertility rates among adherents, the faith witnessed a net loss of 11.6 adults for every 100 adults who were raised as Christian.

“Islam is set to grow to become the world’s largest religion in years ahead, unless trend lines shift,” said Conrad Hackett, the lead researcher at the Pew Research Center and the main author of the study, according to The Washington Post. He added that it was “striking” to see such a dramatic shift in just a decade, pointing out that the Muslim and Christian populations had grown closer in size as Islam expanded more rapidly than any other major faith. The research covered thousands of censuses and surveys in 201 countries and focused on seven groups: Christians, Muslims, Hindus, Buddhists, Jews, other religions, and individuals who do not identify with any particular religion.

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“..state media platform RIA Novosti editorialized on June 14 that the Israeli operations are a rehearsal for what the US and its allies are planning to do to Russia, and that this is well understood in Moscow.”

• Happy Birthday Donald, Happy US Army and Flag Day (Helmer)

There are no flies on President Vladimir Putin. That’s an expression which originated in the fly-blown goldrush mines of Australia in 1840 and then moved with the flies to the goldrush mines of California a few years later. Literally, it means a man who is too quick for a fly to settle on him. Metaphorically, it means a man who is much too clever to be fooled by a fraudster or deceived by an enemy. Putin is much too quick not to recognize that President Donald Trump is both a fraudster and an enemy. Putin doesn’t have to be told by the General Staff that Trump’s war plans are an existential threat to Russia’s security on the western front (Ukraine, Romania, Poland); northern front (Norway, Sweden, Finland), eastern front (Japan, South Korea); and southern front (Iran).

Last Thursday night, as the US and Israel began their war against Russia’s strategic ally Iran, starting with decapitation strikes against the Islamic Republic’s leadership, the Russian General Staff didn’t have to send Putin their “we told you so” message. But the Kremlin’s communication system broke down, nonetheless. Officially, the war didn’t begin for the Russians until they detected US and Israeli fuelling, arming, and deception preparations on Thursday ahead of the first Israeli weapons launches after midnight into Friday. Earlier in the day, Putin had been telling his arms chiefs “we know the enemy’s modus operandi. However, I do not think we are falling behind in any way.” The combination of drone and missile attack tactics of the enemy requires, he said, “the new state armament programme [to] ensure creation of a universal air defence system capable of operating under any conditions and effectively hitting air assault weapons regardless of their type.”

What about defence against ultra close range, ultra low-altitude drone attacks of the kind which the US, the UK and Ukraine had successfully executed, evading detection and interception, on June 1 against Russia’s nuclear bomber bases across the country? Putin’s scripted phrase “air assault weapons” left that unmentioned in the Kremlin communiqué, but not in the closed-door session after Putin announced: “Let’s get to work”.* What then was the similar coordination by the US and Israel of long-range air assault operations with ground-level attacks targeted fatally on five, possibly eight Iranian generals and five Iranian nuclear scientists. The US and Israeli media reports have termed these decapitation strikes acts of war, not acts of terrorism. The Russian media reports have followed suit.

The state media platform RIA Novosti editorialized on June 14 that the Israeli operations are a rehearsal for what the US and its allies are planning to do to Russia, and that this is well understood in Moscow. “Many respected analysts of different calibres believe that the purpose of the attack on Iran is to eliminate the country’s nuclear program (necessarily) and regime change (extremely desirable). In fact, the main goal of the operation is to work out a mass preventive disarming strike against the enemy with serious military capabilities – that enemy is called not Iran, but Russia.”

This strategic plan, writes Boris Rozhin, a leading military blogger reflecting the views of senior Russian military officers, is President Donald Trump’s first of all, and aimed at Russia next. “Current events in the Middle East region demonstrate a dramatic change in the geopolitical situation. The Western powers, throwing away their purported enmity, have united in a general offensive against an independent Iran, a key ally of Russia…The previous ‘disagreements’ have turned out to be only a spectacle for the public. Iran’s defeat will be a strategic catastrophe for Russia, surpassing even the loss of Syria. Iran plays a key role in maintaining a balance of power in the Middle East and is Russia’s most important ally in confronting Western domination…The war against Iran, initiated by the Western world, could have disastrous consequences for the entire world order. This is not a local conflict, but an attempt to finally break the last pockets of resistance to the unipolar world…For Russia, this means the need to make drastic decisions to protect its strategic interests and allies.” — June 14, 21:19.

“In summing up this story,” Rozhin wrote yesterday, — June 14, 14:31, “we can conclude – if there is anyone who has not yet understood – that the ‘Trump peace attempts’ are worthless and will lead to nothing – neither in the Middle East nor in Ukraine. Therefore, agreements with Trump are not worth it. It is necessary to strengthen the army and the military-industrial complex and achieve the goals of the SVO [Special Military Operation] by military means. In order not to say again, ‘we wanted peace, and the Americans deceived us again’, as the Iranians do now.”

In the policy discussion currently under way, a Moscow source reports the intelligence assessment that Iran’s military capabilities are not as effective as they have been publicly portrayed or as the generals have threatened; that the clerical leadership under Ayatollah Ali Khamenei knows this; and that he and his clerical allies believe their best chance of survival in power is to limit the counterattack on Israel, ask for a ceasefire, bargain with their threat to close the Hormuz Strait, and abandon their negotiating positions on nuclear enrichment and missile development.

“If the nuclear bomb was a bluff, and we believe it was,” the source says, “then they should have learned the lessons of Saddam [Hussein]. They should have expected Netanyahu and Trump to call their bluff. Now that’s happened, Iran’s internal weakness is also stark. I believe SVR [foreign intelligence], GRU [military intelligence] and MiD [foreign ministry] have concluded the conflict is the Iranians to lose – and this is what is happening. What can Putin do if the clerics have no nerve to fight?”

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At least it was not quiet.

• 10 YEARS AGO: Donald Trump Announces Presidential Candidacy (DS)

Ten years ago today, now-President Donald Trump came down the Trump Tower escalator in Manhattan to announce his run to be president of the United States. “We need a leader that can bring back our jobs, can bring back our manufacturing, can bring back our military, can take care of our vets. …. We need somebody that literally will take this country and make it great again,” said the Queens-born real estate mogul and reality television star. The 69-year-old made a number of promises, reshaping American politics to this day. “I will build a great, great wall on our southern border. And I will have Mexico pay for that wall, mark my words,” Trump told the Manhattan crowd. Trump’s claims were met with general ridicule from most media coverage.

“Donald J. Trump, the garrulous real estate developer whose name has adorned apartment buildings, hotels, Trump-brand neckties and Trump-brand steaks, announced on Tuesday his entry into the 2016 presidential race, brandishing his wealth and fame as chief qualifications in an improbable quest for the Republican nomination,” wrote the New York Times in its mocking coverage of the candidate who would defeat Democrat Hillary Clinton little over a year later. Ten years later, Trump is pushing for the speedy passage of the “big, beautiful” budget reconciliation bill, which would secure funding to complete construction of the Southern border wall. In his Trump Tower speech, the billionaire also vowed to bring stability to the Middle East.

“Islamic terrorism is eating up large portions of the Middle East. They’ve become rich. I’m in competition with them. They [ISIS] just built a hotel, can you believe this? … Nobody will be tougher on ISIS than Donald Trump,” he said, also promising to “stop Iran from getting nuclear weapons.” In June 2025, Israel and Iran are currently at war after Israel struck the Islamic regime in an attempt to prevent it from obtaining a nuclear weapon.

The future-president also spoke at length on a topic that is still top-of-mind today—China. ““I like China. I love China,” he said. “[But] it’s like take the New England Patriots and Tom Brady and have them play your high school football team. That’s the difference between China’s leaders and our leaders. … We have all the cards, but we don’t know how to use them.” In June 2025, Trump’s White House has said they have reached a consensus on a trade agreement with China. Now at the age of 79, Trump is half of a year into his second term as president after winning every swing, as well as the popular vote. The journey he began in 2015 is far from over.

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Anthony

 

 

Moose

 

 

 

 

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Debt Rattle August 2 2024

Aug 022024
 
 August 2, 2024  Posted by at 9:28 am Finance Tagged with: , , , , , , , , , ,  37 Responses »


Henri Matisse Trivaux pond 1916-17

 

• 2024 Olympics in France – Interpreting Satanic Olympics Inauguration (Koenig)
• Female Boxer’s Olympic Beatdown Sparks Fury (RT)
• West Sees Immigration As A Way Of Getting Rid Of The Nation-State -Orban (RMX)
• US Recognizes Opposition Candidate as Winner in Venezuela – Blinken (Sp.)
• Regime Change In Venezuela Unlikely (SCF)
• Zelensky Says Most Of World Wants Him To Talk To Russia (RT)
• Zelensky Suspends Ukraine’s Foreign Debt Payments Starting Aug 1st (ZH)
• Haniyeh Killed By Bomb Placed In Tehran Guesthouse 2 Months Ago (ZH)
• Harris Only Recently Turned Black – Trump (RT)
• Trump Collapsed US-Russia Arms Control by Scrapping INF Treaty (Sp.)
• INF Treaty Stood in Way of Plans to Militarize Europe, Hold Russia Back (Sp.)
• Lindsey Graham Introduces Bill Authorizing Military Force in Iran (Sp.)
• Netanyahu Playing A Deadly Game Drawing US Into A War With Iran (Jay)
• Houthis Urge ‘Dangerous’ Response to Israel (Sp.)
• Prisoner Swap Was Battle of Self-Control, Moscow Says (Sp.)

 

 

 

 

 

 

 

 

 

 

Larry

Ratings

Italy Court
https://twitter.com/i/status/1819001509314498881

Maduro
https://twitter.com/i/status/1818812107036438993
https://twitter.com/i/status/1818882723064250462

 

 

 

 

This author seems to get lost in all the different threads in his head, but the main one is obvious: to confuse all people, especially the young, about who and what they are. Until boys are no longer boys, or girls, girls. And what better stage to convey the message than the Olympics, the most televised and watched global event. Which is exactly why it should not happen there. Well, too late.

• 2024 Olympics in France – Interpreting Satanic Olympics Inauguration (Koenig)

“The opening ceremony of the Olympics felt like the closing ceremony of humanity”, posted on “X” (former Twitter) by @KimDotcom. The Satanic symbolism of the inauguration of the French Olympics on 26 July 2024, raised many questions on interpreting them. Those who are behind these diabolical symbols, of course knew what they were doing. In brief, as the Dark Satanic Cult, as it did on many occasions before, they showed us, the People, what they have already done with us, how far they have advanced in their evil endeavor, and that we are at the final stage of the apocalypse, as depicted in the Book of Revelation. With gory details, blasphemous symbolism, a gross display of the United Nations 2030-Woke agenda, transgender, and homosexuality no end, they demonstrated the end phase of the Fourth Horseman of Death.

[..] They are telling us that our last hour has wrung. The three initial phases of the Apocalypse have come and gone and some are being executed in parallel with each other – Conquest, War, Famine… while we are indeed entering the Forth – meaning Death. This, the Fourth Horseman, is meant to tell us. Conquest – almost without humanity noticing, we have been taken over – by the Globalists, those who are pretending to be at the point of establishing a One World Government and a One World digital currency – exerting full control. No kidding. We are not far from this moment – Wake up People!!! War – there is no need even to talk about wars. They are all over. All of them initiated in one way or another by the same elitist Dark Satanic Cult.

First, create unrest by terrorism, infiltrated into a country by the Satanic Cultists, then invade, create an endless war, never to win – and so the industry that fuels it, will earn trillions of fake money, we, the People, work hard for – while the Zuckerbergs et al – buy yachts worth half a billion dollars, irrespective of the CO2 emissions they tell us, the People, to reduce to zero. – Zuckerberg is founder, chairman and CEO of Meta, former Facebook, one of the tech-giants. The latest wealth report, just out, indicates that 1.5% of the world population owns 47.5% of the world’s wealth. Why is that important? – Because Wars, the War Industry, is one of the largest generators of this fake wealth, wealth by death, exactly what the Forth Horseman has in store for us. Wars area also supported directly or indirectly by the tech-corporations, by “Cyber-Valley”, formerly called Silicone Valley. Famine – we are being plunged into an artificial famine, by the false climate change agenda and the overall lie that has been drilled into the human brain — it seems to be irreversible. The “smartest” people believe in it. So, CO2 emissions and other greenhouse gases – like farthing cows – are causing the manmade climate change – against any evidence, just propaganda – and we, the People, swallow it. And if We, the People, do not stop it, Climate Change will kill us all.

No word about geoengineering the weather, the climate – so we believe in the “climate” hoax. We are blind, cannot see the white crisscrossing chemtrails on the sky, cannot see that these all-destructive horrendous brush and forest fires are made by Direct Energy Weapons (DEW) – another means of doing away with humanity. Human agriculture, the very base for our lives, giving us the daily nutrition we need, is being killed by the dark Satanic Cult. Farmland is being bought up, for example, by the Bill Gates Foundation, thus, preventing it from being used to produce food. Bill Gates is currently the largest single farmland-owner of the US of A. Why is this important to know? – Because it is all connected – causing famine and misery, and connected to the horrendous death-depicting symbolism of the Olympic Openings. We let it happen. It is our fault – as we are being told. Our Christian culture has brought us up with guilt. We are guilty before we are even born — so, yes, we must suffer.

Some protest, but most don’t. Instead, they prepare themselves for a diet on bugs and maybe grass – a diet towards famine — leading directly to the Fourth Horseman – DEATH. The blasphemously displayed Last Supper of transvestites and gays confirms us death and extinction is on the horizon, as queers will not procreate. – The Woke agenda is just one more step to Human extinction – Death. Death – That is what they want for most of us. A small group of “underlings” cum transhumans, commanded by 5G and soon 6G – no chips needed – will be their slaves. These quasi-robots are happy owning nothing. In case they become unhappy, they can be extinguished remotely – when they become problems, or are no longer needed. That’s it, Folks! They have been very honest – their Olympics symbolism has clearly shown us where we are — they came out in the open with their verdict: See what we can do – there is no return. Wake up People. It is never too late. There is never a moment of NO RETURN – unless we are dead. Never forget this simple phrase: Together we Can.

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More Satan. In the civilized world, men don’t beat women. Everybody knows. Except, now, at the Olympics, where they hand out medals for it.

• Female Boxer’s Olympic Beatdown Sparks Fury (RT)

A women’s boxing match at the Paris Olympics has triggered international condemnation and questions about the fairness of letting a “biological male” compete in the ring. Italy’s Angela Carini faced off against Algeria’s Imani Khelif on Thursday, in the welterweight (66kg) category, but lasted just 45 seconds. After taking two big punches to the face, Carini threw down her helmet and forfeited the bout, crying “this is unjust!” Carini yanked her hand away as the referee declared Khelif the winner, then dropped to her knees and burst into tears. “I’m used to suffering. I’ve never taken a punch like that, it was impossible to continue,” she said after the match. Carini has faced an outpouring of solidarity from critics of transgenderism around the world, who denounced Khelif as a biological man and protested the bout as unfair.

“This is sickening. This is a travesty. Doesn’t matter what you believe. This is wrong and dangerous,” said Jake Paul, a Youtuber turned professional boxer. “A young female boxer has just had everything she’s worked and trained for snatched away because you allowed a male to get in the ring with her,” author J.K. Rowling told the International Olympic Committee (IOC), adding that the 2024 Olympics “will be forever tarnished by the brutal injustice done to Carini.” American college swimmer Riley Gaines started a hashtag on X (formerly Twitter) “I stand with Angela Carini,” which was endorsed by the platform owner, Elon Musk. “All the competitors comply with the eligibility rules,” IOC spokesman Mark Adams insisted on Thursday. “And, by the way, this is not a transgender issue.”

Khelif had been disqualified by the International Boxing Association (IBA) in 2023 as a biological male. The boxer appealed to the Court of Arbitration for Sport (CAS) but “withdrew the appeal during the process,” the IBA said on Wednesday. The association protested the IOC decision to allow Khelif to compete in Paris, arguing that its rules “raise serious questions about both competitive fairness and athletes’ safety.” The IOC has ruled that both Khelif and Lin Tu-ting – a boxer representing Chinese Taipei – “are women according to their passports.” The Olympic body has also excluded the IBA from the Paris games, in part because the association is based in Russia.

According to Algeria, Khelif is not transgender at all but a woman affected by a condition known as hyperandrogenism, characterized by a high level of testosterone and the presence of XY chromosomes. “We condemn the unethical targeting and maligning of our esteemed athlete, Imane Khelif, with baseless propaganda from certain foreign media outlets,” the Algerian Olympic Committee said in a statement on Wednesday. The Paris Olympics have come under a barrage of criticism over last Friday’s opening ceremony, which included homosexuals, transsexuals and drag queens simulating a Bacchanalia patterned after Leonardo da Vinci’s famous mural ‘The Last Supper.’

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Closely linked to the above.

“..if there are more guests than owners, the home is no longer a home. This risk should not be taken here.”

• West Sees Immigration As A Way Of Getting Rid Of The Nation-State -Orban (RMX)

In Hungarian Prime Minister Viktor Orbán’s speech at Tusványos in Romania, he focuses on the intractable differences developing between the East and West of Europe, with immigration one of the key divisions. He not only rejects the Western view on immigration, but sees it as an agenda with a very specific ideology behind it, which is designed to erode the nation-state entirely. “But Westerners, quite differently, believe that nation-states no longer exist. They therefore deny that there is a common culture and a public morality based on (the nation-state). There is no public morality, if you watched the Olympic opening yesterday, you saw it. So, they also think differently about migration. They believe that migration is not a threat or a problem, but in fact a way of getting rid of the ethnic homogeneity that is the basis of a nation. This is the essence of the progressive liberal international concept. That is why the absurdity does not occur to them, or they do not see it as absurd,” he said.

He said that this contrast between East and West is playing out through war and the movement of peoples, saying that while hundreds of thousands of Christian people are killing each other in the East, “in the West of Europe, we are letting hundreds of thousands of people into a foreign civilization, which is absurd from our Central European point of view.” This dramatic ideological cleavage is not a “secret,” according to Orbán. He said that the documents and policy papers coming out of the EU shpw that the “clear aim is to transcend the nation.” “But the point is that the powers, the sovereignty, should be transferred from the nation-states to Brussels. This is the logic behind all major measures. In their minds, the nation is a historical, or transitional, formation of the 18th and 19th centuries — as it came, so it may go. They are already in a post-national state in the Western half of Europe. It’s not just a politically different situation, but what I’m trying to talk about here is that it’s a new mental space.”

Orbán says that the Hungarian perspective is different, which is why the government is taking measures now to ensure it has a resilient social structure, and the first step is to combat Hungary’s demographic decline. He noted that progress in this area had been made in the preceding years but acknowledged that there has been a standstill and new measures must be taken. “By 2035, Hungary should be demographically self-sustaining. There is no question of a population being replaced by migration. The Western experience is that if there are more guests than owners, the home is no longer a home. This risk should not be taken here.” Orbán notes that not everyone in the West is happy about the demographic transformation taking place in their countries, and in many cases, there are strong majorities against continued mass immigration. This, in turn, has led to a sharp increase in repression against dissenting voices and increasingly undemocratic trends in Western countries.

And finally, the last element of reality is that this post-national situation that we see in the West has a serious, I would say dramatic, political consequence that is shaking democracy. Societies are increasingly resistant to migration, gender, war and globalism. And this creates the political problem of elites and the people, elitism and populism. This is a dominant phenomenon in Western politics today…This means that the elites condemn the people for drifting to the right. The feelings and ideas of the people are labeled xenophobia, homophobia and nationalism. The people, meanwhile, in response, accuse the elite of not caring about what is important to them, but of sinking into some kind of mindless globalism. Consequently, the elites and the people cannot agree with each other on cooperation. I could mention many countries. But if the people and elites cannot agree to cooperate, how can it become a representative democracy? Because here we have an elite that does not want to represent the people, and is proud of not wanting to represent them, and here we have the people who are not represented.”

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They’ve been at it for over 2 decades.

• US Recognizes Opposition Candidate as Winner in Venezuela – Blinken (Sp.)

The United States has determined it will recognize opposition candidate Edmundo Gonzalez the winner of the Venezuelan presidential election, US Secretary of State Antony Blinken said in a press release. “Given the overwhelming evidence, it is clear to the United States and, most importantly, to the Venezuelan people that Edmundo González Urrutia won the most votes in Venezuela’s July 28 presidential election,” Blinken said in the release on Thursday. Blinken called on the Venezuelan parties to begin discussions on a peaceful transition of power in accordance with Venezuelan electoral law. Moreover, Blinken also said that the United States rejects Venezuelan President Nicolas Maduro’s “unsubstantiated” allegations against opposition leaders, including González and María Corina Machado. Machado co-founded the Venezuelan Non-Governmental Organization (NGO) Sumate which received significant financial support from the National Endowment for Democracy (NED).

In 2005, she traveled to the White House to meet then-US President George W Bush, a meeting that was described in classified diplomatic cables as “poking [then Venezuelan President Hugo] Chavez in the eye,” In 2014, she took a diplomatic position with the government of Panama, which gave her the ability to speak at the Organization of American States (OAS). She used that platform to publicly call for foreign intervention in Venezuela. She has since been banned from running for office. Earlier this week, Maduro said Gonzalez and Machado must face justice. On Thursday, RT journalist Fiorella Isabel reported that a draft resolution for the US House of Representatives was being floated around Washington looking for co-signers. That draft calls for more sanctions on Venezuela and would recognize González as the legitimate president of Venezuela. She added that the draft was authored by Reps. Debbie Wasserman Schultz (D-FL) and Mario Díaz-Balart (R-FL).

In 2019, the US officially recognized Juan Guaido as the interim President of Venezuela. He was eventually removed as the leader of the opposition from his own party and currently lives in Miami, Florida. The National Electoral Council declared Maduro president-elect for 2025-2031 after the presidential elections were held in Venezuela on July 28. The Electoral Council said Maduro won 51% of the vote. Protests broke out the day after the election, leading to clashes between the police and protesters in Caracas. Protesters threw stones and Molotov cocktails at law enforcement officers. According to the Prosecutor General’s Office, 77 law enforcement officers were injured; more than 1,000 people were detained on charges of destruction of state infrastructure, incitement of hatred and terrorism. The Venezuelan government said a number of countries interfered in the elections and the people’s right to self-determination.

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“The Bolivarian Revolution was a movement started within the ranks of the Army, with Hugo Chavez’s ideology being extremely popular among Venezuelan soldiers.”

• Regime Change In Venezuela Unlikely (SCF)

As expected, Nicolás Maduro won the elections in the Bolivarian Republic of Venezuela. Without major difficulties, the current president defeated all his opponents, being chosen by the majority of the Venezuelan people to govern the country for the third consecutive term. Since Maduro was an efficient leader in managing the nation’s path amidst so many difficulties and sanctions imposed by Western powers, the result does not seem surprising. In practice, Maduro has already proven himself capable of guiding the country even in difficult conditions. However, many Western or Western-aligned countries still insist on denying the reality of Maduro’s victory, avoiding recognizing the results of the elections. Not only that, there are also clear signs of internal sabotage, with anti-democratic protesters carrying out acts of vandalism and various types of crimes to create social instability and impede peace in the post-election period. The groups of protesters are true criminal gangs, willing to do anything for the money of Western recruiters.

Maduro has been strong in combating saboteurs. Ambassadors from hostile countries have been expelled and several criminals – disguised as “protesters” – are being arrested and punished. Not only are regular state forces involved in protecting Venezuela’s legitimate institutions, but there is also widespread popular mobilization against anti-Maduro saboteurs. The protests are mostly being carried out by extremist groups linked to the opposition and foreign intelligence networks that finance the anti-Maduro lobby. There are even videos circulating on the internet exposing drug traffickers declaring their support for the opposition, which shows the nature of the militants against the legitimate government of Venezuela. In practice, the West is literally recruiting criminals, extremists and terrorists to operate national destabilization maneuvers in the South American country.

Many analysts are commenting on the possibility of a color revolution, regime change operation or even civil war on Venezuelan soil. Although all possibilities need to be considered, it seems unlikely that these tragic scenarios will develop, as the situation in Venezuela, although not completely normalized, still appears far from absolute instability. The protests are indeed happening, but they are not as big and relevant as the Western media makes it seem through its propaganda. Local observers have frequently published images showing Venezuelan streets in total peace, without protests or riots. The loyalty of the Venezuelan people to Maduro remains an important factor in neutralizing attempts at illegitimate popular unrest. Furthermore, one of the main points to be emphasized is the strong connection between the Venezuelan government and the country’s military. The Bolivarian Revolution was a movement started within the ranks of the Army, with Hugo Chavez’s ideology being extremely popular among Venezuelan soldiers.

There is no rivalry between the Venezuelan generals and the Maduro government, which reduces the risk of betrayal – and consequently neutralizes the possibility of civil war. In the same sense, even if some generals eventually betray Maduro, the Bolivarian Revolutionary Guard works as a tool to guarantee the legality and ideological principles of the State. If there is betrayal and conflict, the rebel military will face Guard’s troops, who are well trained and prepared to deal with security crisis situations. Without popular support and military betrayal, color revolutions are doomed to failure. For this reason, there are few signs that the current sabotage against Maduro is sufficient to cause significant impacts in the country. These movements, in fact, seem more like an act of desperation on the part of certain agents and specific networks of the American Deep State, with few results in practical reality.

Despite all the difficulties, economic sanctions and political pressure, Maduro seems safe. Having the support of the people and the army, he has the necessary conditions to govern and advance his party’s agenda – which is marked by a type of “pro-Multipolar conservative socialism”, mixing socialist, Christian principles and a sovereignist foreign policy. It is normal and expected for American intelligence and its allied organizations to react to an undesirable election outcome. It does not mean, however, that the reaction to the elections will necessarily be victorious. Most likely, Maduro will be able to neutralize his enemies and consolidate his position as a skilled and charismatic political leader, truly capable of governing the country in current times.

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He’ll come with his stupid demands, they’ll say no.

• Zelensky Says Most Of World Wants Him To Talk To Russia (RT)

The majority of the world believes that diplomatic settlement of the Ukraine conflict is only possible with Russia’s participation in negotiations, and wants to see Moscow take part in a planned second international peace summit scheduled for November, Ukrainian leader Vladimir Zelensky has told French media. Russia was not invited to the first peace summit, hosted by Switzerland in June; according to Zelensky, it was deliberately excluded from the gathering. Now Moscow should take a seat at the table, the Ukrainian leader said in an interview published on Wednesday. “The majority of the world today says that Russia must be represented at the second summit, otherwise we will not achieve meaningful results,” he said, adding “since the whole world wants them to be at the table, we cannot be against it.” The first conference was snubbed by several countries, including China, which demanded talks that would allow both sides of the conflict to participate.

Moscow has repeatedly said it is open to negotiations with Kiev, but there are issues that must first be addressed for any meaningful conversation to begin, including Zelensky’s legitimacy as head of state. His term ended in May and elections were not held due to martial law. According to Zelensky, by November Kiev intends to prepare a plan based on the results of the first summit that will include “territorial integrity, sovereignty and so on.” Asked whether Ukraine’s return to the borders of 1991 would be a mandatory precondition for peace talks with Russia, Zelensky replied that it is desirable but not obligatory. Last month, the Ukrainian leader signaled that he wanted to end the conflict “as soon as possible,” and was now ready to talk with Russia regardless of who is in charge of the country. In 2022, Zelensky barred his country from any talks with the current leadership in Moscow after four former Ukrainian regions voted overwhelmingly to join Russia in referendums which were summarily dismissed by Kiev and its Western backers.

The first summit mainly focused on Kiev’s ‘peace formula’, demanding that Russia withdraw its troops from all territory claimed by Ukraine. Moscow has dismissed the plan, calling it “detached from reality.” Last week, Russian Foreign Ministry spokeswoman Maria Zakharova said that signals sent by Kiev about Ukraine’s willingness to resume peace talks with Moscow are not credible. Russian President Vladimir Putin voiced his own peace proposal in June, saying he was ready to start talks once Kiev commits to neutral status and cedes its claims to all six former Ukrainian regions that chose to join Russia in 2014 and 2022. His overture was rejected by Zelensky as an “ultimatum.”

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Broke. Now what? Europeans will pay. Orban, Fico will refuse.

• Zelensky Suspends Ukraine’s Foreign Debt Payments Starting Aug 1st (ZH)

Who could have seen this coming? Ukraine’s President Volodymyr Zelensky has signed a new law which defers public debt payments until October if necessary, Reuters has confirmed. The bill was signed by Zelensky and returned to parliament on Wednesday. The government now has the authority to postpone payments on external public debt until restructuring negotiations are seen through, which could then see a moratorium held that would formally mark a sovereign default. “It is necessary to introduce, for the period of transactions to change the terms of borrowing, temporary measures related to the servicing and repayment of debt obligations and a moratorium on satisfaction of creditors’ claims,” the bill released by the president’s office said.

The clock is ticking on debt restructure as a payment freeze agreed upon two years ago will soon expire (on Aug.1), and as Reuters notes: “Earlier this month, Ukraine announced a preliminary deal with a committee of its main bondholders to restructure its near $20 billion worth of international debt.” Bondholders must still approve the deal, which is likely, given the plan has the support of foreign governments. Exactly one week ago, Fitch Ratings downgraded the country’s long-term foreign currency issuer default rating from the “CC” level to the lower “C” level. “The reported agreement with external commercial creditors constitutes a distressed debt exchange (DDE) under its sovereign rating criteria,” Fitch said.

Reuters further reviews that the proposal would see “a 37% nominal haircut on Ukraine’s outstanding international bonds, saving Kyiv $11.4 billion in payments over the next three years – the duration of the country’s program with the International Monetary Fund, according to government statements.” It was in February 2022 that Ukraine reached a hasty agreement with its creditors to freeze payments of some 23$ billion till August 2024 amid the backdrop of the Russian invasion. Since then Kiev has been almost completely reliant on foreign aid. This was all long ago predicted, including by EU parliamentarians, given that the longer the war drags on the closer the war-ravaged country is to defaulting… Following what now inaugurates a period of a short-term debt default, private bondholders are likely agree to push Ukraine’s debt payments until 2027, thus seeking to minimize the impact on Ukraine’s ability for long-term borrowing.

Read more …

How many more did they plant?

• Haniyeh Killed By Bomb Placed In Tehran Guesthouse 2 Months Ago (ZH)

New details have emerged in the Israeli covert assassination of Hamas leader Ismail Haniyeh while he was staying in Tehran to attend the country’s presidential inauguration events. Iran and Hamas’ backers considered Haniyeh to be essentially akin to a top foreign diplomat or even head of state, and so at times Haniyeh was known to travel openly in places like Qatar, Iran, or other Gulf states. And yet the bombing that took is life is being widely viewed in Iran as an utterly humiliating security failure for the elite Islamic Revolutionary Guard Corps (IRGC), which was hosting the Hamas leader. The NY Times is reporting Thursday of events the day prior that he was assassinated by “an explosive device covertly smuggled into the Tehran guesthouse where he was staying, according to seven Middle Eastern officials, including two Iranians, and an American official.”

“The bomb had been hidden approximately two months ago in the guesthouse, according to five of the Middle Eastern officials,” the report continues. “The guesthouse is run and protected by the Islamic Revolutionary Guards Corps and is part of a large compound, known as Neshat, in an upscale neighborhood of northern Tehran.” Likely among the “seven Middle Eastern officials” cited as sources for the report include some Israeli intel officials themselves, given the level of specified details. No doubt they are ‘spiking the football’ and want the Iranians and the world to know the astounding level of success they had in penetrating IRGC security and protocol.

For an Israeli asset to be able to access an Iranian diplomatic house in Neshat – the upscale neighborhood of northern Tehran where the bombing took place – and then be able to pinpoint down to the moment the target be in a specific room is almost unbelievable and the stuff of a James Bond spy thriller. “The bomb was detonated remotely, the five officials said, once it was confirmed that he was inside his room at the guesthouse,” NYT continues, nothing that the blast also took out Haniyeh’s bodyguard but left alive Palestinian Islamic Jihad (PIJ) leader Ziyad al-Nakhalah, who was literally staying in the next room over. “The explosion shook the building, shattered some windows and caused the partial collapse of an exterior wall, according to the two Iranian officials, members of the Revolutionary Guards briefed on the incident,” the report continues. A widely circulating photograph also appears to confirm this description of events.

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This gets ’em all going. Especially right down in the lion’s den.

• Harris Only Recently Turned Black – Trump (RT)

Former US President Donald Trump has ridiculed Vice President Kamala Harris for talking up her Indian heritage for years until she “all of a sudden…became a black person.” The White House lashed out at Trump in response, stating that the former president has no “right to tell someone who they are.” Trump commented on Harris’ race during a combative panel interview at a National Association of Black Journalists conference in Chicago on Wednesday. Asked whether he considered Harris a “DEI hire” – someone hired for their race or gender, Trump replied that he thinks the situation “is maybe a little bit different.” “She was always of Indian heritage, and she was only promoting Indian heritage,” he elaborated. “I didn’t know she was black until a number of years ago when she happened to turn black and now she wants to be known as black. So I don’t know, is she Indian or is she black?”

“You know what, I respect either one, but she obviously doesn’t, because she was Indian all the way and then all of a sudden she made a turn, she became a black person,” Trump continued, to laughter from the audience. Born in California to an Indian mother and Jamaican father, Harris is often described as the US’ first African American and first Asian American vice president. Around the time of her election to the US Senate in 2016, some American media outlets including the Associated Press, The Hill, and local newspaper the Sacramento Bee described her as “Indian-American,” while others, including ABC and NBC, described her as “African-American.” Both descriptors were used interchangeably by the media during Harris’ time in the Senate, and during her abortive presidential campaign in 2019.

In a 2020 post on X marking India’s independence day, Harris described Indians as “our people.” Responding to Trump on social media, Harris accused her Republican opponent of peddling “divisiveness and disrespect.” White House Press Secretary Karine Jean-Pierre called Trump’s remarks “repulsive and insulting.” Nobody “has any right to tell someone who they are, how they identify. That is no-one’s right,” Jean-Pierre told reporters on Thursday. Seemingly undeterred by this condemnation, Trump took to his Truth Social platform on Friday to share a photograph of a young Harris and her family in traditional Indian dress. “Thank you Kamala for the nice picture you sent from many years ago! Your warmth, friendship, and love of your Indian Heritage are very much appreciated,” he wrote.

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Dumb move. Pompeo and Bolton.

“Almost each of the next 100 days till November 5 elections might bring unexpected events, not all of them bright for America and mankind..”

• Trump Collapsed US-Russia Arms Control by Scrapping INF Treaty (Sp.)

Then-President Donald Trump made a “stupid mistake” by deciding to scrap the Intermediate-Range Nuclear Forces (INF) Treaty, as the consequences of that fateful decision have been the collapse of strategic arms control policies between the United States and Russia, analysts told Sputnik. The INF treaty, signed between the Soviet Union and the US in 1987, banned the countries from developing and possessing ground-launched ballistic and cruise missiles with ranges from 500-5,500 kilometers. In 2019, Trump withdrew the US from the treaty, which prompted Russia to suspend its participation in the Cold War-era accord in response. August 2 marks the fifth anniversary of the US’ formal withdrawal from the INF Treaty.

“The consequences have been that strategic arms control policies between Russia and the US/NATO have largely been abandoned and both sides have developed nuclear capable intermediate range missiles that raise the likelihood that they will be resorted to in a potential escalating conflict like in Ukraine,” former CIA analyst, founder and chair of the Council for the National Interest Philip Giraldi said. There were sharp differences of opinion in the Trump administration on whether to retain the treaty, in spite of both sides’ claims that there was “cheating,” Giraldi recalled. “The neocons predictably won the argument.”Back in the 1980s, despite hawkish governments in London and Bonn, popular sentiment across Europe, especially in Germany overwhelmingly favored creating the treaty, Giraldi emphasized.

“Interestingly enough, I was in the CIA German station in Hamburg 1982-5 when the whole issue of intermediate range missiles, which theoretically allowed for no warning devastating nuclear capable attack, was being debated,” he said. “There were huge demonstrations in all German cities against the deployment and in favor of an agreement,” Giraldi reported. “The US Consulate General was located near Hamburg’s central lake, the Alster and thousands of demonstrators would gather along the lakefront and storm the front of the building by crossing the access road that surrounded the lake.” American University in Moscow President Edward Lozansky, a former Soviet nuclear physicist, noted that Trump had heeded his two most influential advisers at the time, CIA chief and then secretary of state Mike Pompeo and national security adviser John Bolton, both of whom were determined to kill the treaty.

“One has to look at Trump’s two critical foreign policy and security advisers at the time, Pompeo and Bolton. Trump foolishly appointed them to prove he is tough on Russia. He made many other stupid mistakes for the same reason,” Lozansky said. One can excuse Trump for being a “political novice who miraculously won in 2016 and found himself in an ocean of sharks,” he added. The recent events show that “the Deep State learned the 2016 lessons” and the chances of Trump repeating the miracle of that year are quickly decreasing, at least for now, according to Lozansky. “Almost each of the next 100 days till November 5 elections might bring unexpected events, not all of them bright for America and mankind,” the expert concluded.

Read more …

“Unlike in 1987, Russian technological and economic capabilities in this space now exceed those of the United States..”

• INF Treaty Stood in Way of Plans to Militarize Europe, Hold Russia Back (Sp.)

The United States scrapped the Intermediate-Range Nuclear Forces (INF) Treaty five years ago with the aim of expanding NATO further eastward, pressing Russia economically and militarily, and cementing America’s global hegemony, veteran Pentagon analyst and retired US Air Force Lt. Col. Karen Kwiatkowski told Sputnik. August 2 marks the fifth anniversary of the US’s formal withdrawal from the INF Treaty. “This [the pullout from the treaty] was due to the US desire (led by neoconservatives in the State Department and elsewhere in the Obama, Trump and Biden administrations) to expand NATO eastward, as well to engage militarily on Russia’s European border with both conventional and nuclear arms, specifically via Ukraine,” Kwiatkowski said. The military and economic rise of China, a neoconservative theme for the past 30 years, required in the eyes of hawkish US military planners a nuclear offensive line in Eastern Europe to hold Russia “captive,” Kwiatkowski explained.

“The INF Treaty always stood in the way of this,” she said. Russia had formally complained of continual US violations of the INF Treaty since 2014, but this was information most Americans and Europeans never saw, and most were not even interested in, Kwiatkowski noted. “The consequences have been straightforward and dangerous. First, both the United States and Russia are now actively engaged in an expensive competition in the INF field and other new missile technology arenas,” she said. Unlike in 1987, Russian technological and economic capabilities in this space now exceed those of the United States, Kwiatkowski assessed. “Instead of US-Russia treaties that could engage and limit war preparation, we have NATO expansion, including an attempt to NATO-ize former INF signatory Ukraine,” she said.

After two post-Cold War batch accessions to the NATO alliance in 1999 and 2004, the accessions of six new member countries since 2009 have created a larger “border” between Russia and NATO, Kwiatkowski cautioned. “Peace and diplomacy were now not only verboten, or forbidden but for five years have been institutionally impossible in Europe, thanks in part to the elimination of the INF Treaty and abnormally weak and intellectually impoverished US and NATO leadership over the same time frame,” she concluded. The INF treaty, signed between the Soviet Union and the US in 1987, banned the countries from developing and possessing ground-launched ballistic and cruise missiles with ranges from 500-5,500 kilometers. In 2019, then-President Donald Trump withdrew the US from the treaty, accusing Russia of non-compliance. In response to the US decision, Russia suspended its participation in the Cold War-era accord.

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Pompeo and Bolton have a successor.

• Lindsey Graham Introduces Bill Authorizing Military Force in Iran (Sp.)

US Senator Lindsey Graham (R-SC) introduced legislation right before the Congress recess in August that would authorize President Joe Biden to use military force against Iran if he determines that Iran has capabilities that threaten the national security interests of the United States. “The President is authorized to use all necessary and appropriate force against the Islamic Republic of Iran if the President determines that the Islamic Republic of Iran– 1) Is in the process of possessing a nuclear weapon that threatens the national security interests of the United States; or 2) Possesses uranium enriched to weapons-grade level, possesses a nuclear warhead, or possesses a delivery vehicle capable of carrying a nuclear warhead that threatens the national security interests of the United States.”

While the bill specifies that it is limited to Iran’s nuclear program, it is broad enough to potentially authorize Biden to strike Iran as soon as the bill passes. While Iran is not believed to possess a nuclear warhead, it already has an arsenal of missiles that would be capable of carrying a nuclear warhead if Iran were to obtain one. Biden seemingly would be authorized by the bill to strike Iran if he determines that to be a threat. The same day, Graham also introduced a bill that would affirm any “escalation by Hezbollah” will be seen as an escalation by Iran and urges Congress and the President “to use all diplomatic tools and power projection capabilities to hold both parties accountable for their actions,” but stop short of specifically authorizing military force.

On Thursday, Graham posted on X that “it is long past time to start talking about offense when it comes to Iranian threats against Israel, the United States, and the world.” Both bills come as tensions are rising between Lebanese Hezbollah and Israel and Iran and Israel. Earlier this week, Hamas leader Ismail Haniyeh was assassinated in Tehran and Hezbollah leader Fouad Shukur was killed in an Israeli airstrike in southern Beirut. Iran and Hezbollah have promised retaliation. The Senate will go into recess on August 3rd. Unless an emergency session is called, both chambers of Congress will return to Washington on September 9.

Read more …

Nobody in the White House to stop him. Just a lame duck and an airhead.

• Netanyahu Playing A Deadly Game Drawing US Into A War With Iran (Jay)

The word escalation is often over used when talking about the conflict Israel is at the centre of as it carries out a genocide on the Gazan people. But if there were ever a moment where Israel and Iran find themselves staring at the abyss it is now, given that the U.S. has shown its full support to Benjamin Netanyahu and that the Biden administration is being run on a caretaker basis by an inept Kamala Harris. Did Netanyahu leave the U.S. and while on the long Atlantic trip come to the conclusion that he will never have an opportunity again to take the U.S. to fever pitch, being pulled into a regional war with Iran? On the 30th and 31st of July Israel carried out two assassinations which have even shocked the usual suspects of regional experts who didn’t see them coming – in particular against the head of Hamas’s Political Bureau, Ismail Haniyeh in Tehran.

While barely Iran’s leaders had a few hours to mourn the death of Hezbollah top official Fouad Shukr in Beirut who is believed to be buried under a mass of rubble, the strike inside Iran is both curious and alarming. The timing is worth noting as the Iran strike in Tehran by Israel coincides with U.S. strikes in Iraq. On the night of July 30, just after Israel’s strike against Shukr, U.S. aircraft bombed a Kataib Hezbollah base in Babil Governorate in Iraq, killing several members of the pro-Iran militia. Just a few days earlier Hezbollah’s bombardment of the occupied Golan Heights which killed a dozen children certainly raised the stakes in the war, which until now was reasonably contained between Hezbollah and Israel. But now this response from Israel takes everything to a new level. Netanyahu is certainly trying to drag the U.S. into a war in the region, which is more or less what he has been dreaming about all his life.

The strike against the Hamas leader in Iran is a provocation which was designed to draw the most wrath from Tehran. Its leaders will be seen as weak if they don’t react soon as politically the elite will draw fire from the masses that the fortunes it spends on a ballistic missile defence system is clearly wasted. And yet the Iranians know this trap so well. While it is true that they will look weak, especially after the last so-called retaliation against Israel was really a political ploy by the West to humour them and their madding crowds, now the game of escalation Tehran is playing with Israel is much more serious. We’re no longer firing blanks. The pressure on Iran to retaliate will be gargantuan and yet it is unlikely that the Supreme Leader will launch such a strike, knowing full well how the trap has been laid for them.

More likely they will carry out a number of mini strikes, which, on aggregate, will add up to the gesture that they need. And so, if Netanyahu’s aim – to provoke Iran into sending a sizeable missile to an Israeli city – is not to be met, then what can we expect next? Almost inevitably, Netanyahu will be planning his next false flag attack, which should worry both the U.S. and the EU – raising the stakes and pressure for those two blocs together to force him to make a ceasefire in Gaza. For some sceptical pundits, the attacks of October 7th were in many ways a ‘false flag’ as there is a growing cabal of Middle East experts who risk losing their credibility by arguing that he already knew of the Hamas attack. Some even believe that he had been pushing Hamas over many years to do what it needed to do – to justify the response which we are seeing now which is most certainly an ethnic cleansing of Gaza. Period.

Once he realises in the coming days and weeks that Harris is not up for a war with Iran, he will begin to look at the false flag options to push her into a corner which she can’t get out of. A direct attack on U.S. forces in the region is the only sure way of making Netanyahu’s sullied plan take effect. The Israeli leader has the sophisticated weaponry and he knows how to use it to look like Hezbollah in Lebanon were responsible for such a strike either against an aircraft carrier or U.S. troops in the region (they are sitting ducks all over the Middle East) that it beggars belief that he has taken so long to play this card. What did Nietzsche say about the abyss staring you back?

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“Europeans are trying to exert political and diplomatic pressure on Iran for its response to Israel to be ‘symbolic..’

• Houthis Urge ‘Dangerous’ Response to Israel (Sp.)

Forces opposing Israel must deliver a “dangerous” military response to the killings of their leaders in Lebanon and Iran, Abdul Malik al-Houthi, the leader of Yemen’s Ansar Allah movement, also known as the Houthis, said on Thursday. “Europeans are trying to exert political and diplomatic pressure on Iran for its response to Israel to be ‘symbolic,’ as they say, and to the extent that the Israelis want,” he told the Almasirah broadcaster. “However, the position of the Jerusalem axis aimed at resistance is clear: there must be a dangerous military response to the serious crimes and serious escalation by Israel. Weakness will only encourage it to commit new crimes.” On Wednesday, Hamas confirmed that its political leader, Ismail Haniyeh, had been killed in an Israeli attack on his residence in Tehran after he took part in the inauguration of newly elected Iranian president Masoud Pezeshkian.

Hamas has blamed Israel and the United States for Haniyeh’s death and vowed to retaliate. Pentagon chief Lloyd Austin said he had nothing to say about Haniyeh’s death or Israel’s alleged role in it. The Jerusalem Post reported that the Israeli government had instructed ministers not to comment on Haniyeh’s assassination. On Tuesday night, the Israel Defense Forces (IDF) carried out a strike in a southern suburb of Beirut, killing Hezbollah commander Fuad Shukr.

Read more …

“Self-control of prisoners, self-control of political authorities, self-control of security services..”

• Prisoner Swap Was Battle of Self-Control, Moscow Says (Sp.)

Russian Foreign Ministry spokeswoman Maria Zakharova, commenting on the prisoner exchange between Russia and Western countries that took place on Thursday, called it a battle of self-control. “What many called an ‘exchange’, I would call a battle of self-control. Self-control of prisoners, self-control of political authorities, self-control of security services,” Zakharova wrote on Telegram. The Russian Federal Security Service (FSB) said Thursday eight Russians detained and held in custody in a number of NATO countries had returned to Russia.

The Kremlin said Russian President Vladimir Putin has signed decrees to pardon thirteen Russian and foreign citizens exchanged from Russia, including Wall Street Journal reporter Evan Gershkovich and US Marine veteran Paul Whelan. The largest operation in recent years to exchange 26 prisoners from seven countries took place in Turkey’s Ankara on Thursday with the mediation of the Turkish National Intelligence Organization, the Turkish intelligence agency said in a statement on August 1.

Read more …

 

 

 

 

America First Legal: “Our litigation just exposed that Biden’s FDA recommended approving puberty blockers to minors despite noting that these drugs are associated with an “increased risk of depression and suicidality.”

 

 

What?

 

 

Bit scary?

 

 

Landlord

 

 

Dessert

 

 

Not a dog
https://twitter.com/i/status/1818971194046939639

 

 

Reflexes
https://twitter.com/i/status/1819067061827727538

 

 

Seal
https://twitter.com/i/status/1819004672763461856

 

 

Boy dog
https://twitter.com/i/status/1819081600271110490

 

 

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

 

 

 

 

 

Debt Rattle November 12 2022

Nov 122022
 
 November 12, 2022  Posted by at 9:03 am Finance Tagged with: , , , , , , , , , ,  34 Responses »


Rembrandt van Rijn The three trees 1643

 

• US Worried About EU Commitment To Punishing Russia (RT)
• How Europe Is Destroying Its Own ‘Garden’ (MPN)
• White House Divided On Pushing For Peace In Ukraine – NYT (RT)
• Kiev Introduces New Restrictions On Speaking Russian (RT)
• Sun Tzu Walks Into a Kherson Bar… (Escobar)
• Russian Defense Ministry Gives Update On Kherson Withdrawal (RT)
• Rewiring Eurasia: Mr. Patrushev Goes To Tehran (Escobar)
• Kremlin Reacts To US Economic Pressure (RT)
• Disruptions To Oil Supplies Possible Due To Upcoming EU Restrictions (Az.)
• Greece Threatens To Block EU Gas Price Correction Mechanism (K.)
• Bamboo Diplomacy: The China-SE Asia Romance (Escobar)
• The Winners and Losers in a Shift in Control of Congress (Turley)
• Federal Judge Declares Biden Loan Forgiveness Unconstitutional (Turley)
• Flemish Government Preparing To Cancel WEF Membership (NNP)
• A Committee Of Inquiry Into Bourla And von der Leyen (Anderson)

 

 

 

 

Elon has work to do…

 

 

Welfare queen

 

 

 

 

 

 

“When we strive to become better than we are, everything around us becomes better too.”
~Paulo Coelho

 

 

 

 

“People in Europe are “growing angry over sanctions and blame the US for rising costs,” putting their government under pressure to withdraw their support..”

• US Worried About EU Commitment To Punishing Russia (RT)

EU nations are at risk of deviating from the US-led economic sanctions imposed on Russia for its military campaign in Ukraine, US officials told the media. People in Europe are “growing angry over sanctions and blame the US for rising costs,” putting their government under pressure to withdraw their support, Politico reported on Thursday, citing an internal US report. The document led to a “flurry of calls” among officials in Washington concerned about keeping European leaders on board with the strategy, sources in the US government told the outlet, adding that “things are holding steady for now, but it is a shaky situation.”

Countries in the EU have been struggling with surging inflation, driven to a large degree by rising energy prices. The bloc chose to stop trading with Russia, which used to be its biggest energy supplier, as part of the sanctions drive but is struggling to find a long-term replacement.The crunch has been aggravated by the interruption of gas flow through the Nord Stream 1 pipeline from Russia to Germany and exacerbated further by the bombing of the undersea route in late September. Both Nord Stream 1 and 2, the later was never operational due to Ukraine tensions, were damaged and now require major repairs.

Protests against the rising cost of living have gripped European nations, with mass demonstrations taking place in Greece, Italy, the Czech Republic, and Germany, to name a few. Rallies in Prague two weeks ago and in Rome last week specifically called to end military aid to Ukraine and open dialogue with Russia. French President Emmanuel Macron last month accused Washington of applying “double standards” in its energy policy. The US is propping up its own economy with subsidies and disregards the effect it has on prices across the Atlantic, he noted. American liquified natural gas has taken a large share of the European market since the Ukraine crisis broke out.

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“The impact of this crisis on every aspect of European life cannot be overstated.”

• How Europe Is Destroying Its Own ‘Garden’ (MPN)

The European Union’s Foreign Policy Chief Josep Borrell is not particularly perceived by the EU’s political elite or mainstream media as a rightwing ideologue or warmonger. But seen through a different, non-western prism, it is hard not to mistake him for one. Borrell’s recent comments that “Europe is a garden” and that “the rest of the world is a jungle” were duly condemned as ‘racist’ by many politicians around the world, but mostly in the Global South. Borrell’s remarks, however, must also be viewed as an expression of superiority, not only of Borell personally, but of Europe’s ruling classes as a whole. Particularly interesting about the EU top diplomat’s words are these inaccurate depictions of Europe and its relationship with the rest of the world: “We have built a garden”, “everything works” and “the jungle could invade the garden”.

Without delving too deep into what is obviously an entrenched superiority complex, Borrell speaks as if an advocate of the so-called ‘Replacement Theory’, a racist notion advocated by the West’s – Europe especially – rightwing intellectuals, which sees refugees, migrants and non-Europeans as parasites aiming to destroy the continent’s supposedly perfect demographic, religious and social harmony. If stretched further into a historical dimension, one also feels compelled to remind the EU leadership of the central role that European colonialism, economical exploitation, political meddling and outright military intervention have played in turning much of the world into a supposed ‘jungle’. Would Libya, for example, have been reduced to the status of a failed state if the West did not wage a major war starting in March 2011?

The imagined ‘jungle’ aside, Europe’s past and present reality strongly negates Borell’s ethnocentric view. Sadly, Europe is the birthplace of the most horrible pages of history, from colonialism and slavery to the nationalistic, fascist and nihilistic movements that defined most of the last three centuries. Despite the desperate attempt to rewrite or ignore history in favor of a more amiable narrative focused on great splendors, technological advancement and civilizational triumph, Europe’s true nature continues to smolder underneath the ashes, ready to resurface whenever the geopolitical and socioeconomic factors take a wrong turn. The Syrian and Libyan refugee crisis, the Covid pandemic and, more recently, the Russia-Ukraine war are all examples of the proverbial wrong turn. In fact, Borrell’s words, aimed to reassure Europe of its moral superiority are but a foolhardy effort meant to conceal one of the most dramatic crises that Europe has experienced in nearly a century. The impact of this crisis on every aspect of European life cannot be overstated.

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“..Jake Sullivan maintained that Washington “is not pressuring Ukraine” into any talks with Russia, insisting that it is “consulting” Kiev as a partner and providing it with various forms of support..”

• White House Divided On Pushing For Peace In Ukraine – NYT (RT)

The US government is divided on whether to pressure Ukraine into initiating peace talks with Russia, with some officials arguing that it won’t get better terms in the future, the New York Times reported on Thursday, citing sources. According to White House officials interviewed by the outlet, Gen. Mark Milley, who heads the US Joint Chiefs of Staff, stated during internal meetings that Kiev’s forces had achieved all that they may reasonably expect before winter sets in and “should try to cement their gains at the bargaining table” with Russia. Milley was apparently referring to Moscow’s recent decision to withdraw its troops from the right bank of the Dnieper River, including the city of Kherson, a move made to preserve the lives of Russian soldiers.

However, other senior officials are said to oppose Milley’s line of thinking, arguing that neither Moscow nor Kiev is ready for talks now, while any lull in the fighting would allow Russia to regroup. Although they believe that the conflict will eventually be settled via diplomacy, the consensus is that the moment for talks “is not ripe,” and the US shouldn’t be seen as trying to hold Kiev back while it “has momentum.” The report comes as US President Joe Biden said on Thursday that he does not “think that the conflict will be resolved until [Russian President Vladimir] Putin gets out of Ukraine.”

The same day, US National Security Advisor Jake Sullivan maintained that Washington “is not pressuring Ukraine” into any talks with Russia, insisting that it is “consulting” Kiev as a partner and providing it with various forms of support. Moscow has repeatedly stated that while it is not holding any talks with the US over Ukraine, it remains open to a diplomatic engagement with Kiev. However, Ukrainian President Vladimir Zelensky has set out conditions for any diplomatic engagement, which include the “restoration of [Ukraine’s] territorial integrity,” “compensation for all war damage” and “punishment of every war criminal.” Zelensky earlier signed a decree prohibiting any negotiations with Putin, suggesting that Kiev would only talk to Russia when it has a different president.

Read more …

2014 redux.

• Kiev Introduces New Restrictions On Speaking Russian (RT)

The Kiev City Council voted to remove the Russian language from the Ukrainian capital’s public school curriculum on Thursday, citing national security concerns. According to the statement on the council’s website, the ban also covers nursery schools. Vadim Vasilchuk, the chair of the council’s commission on education, said the measure “will prevent an escalation of tensions in society and strengthen the protection of the education space in Kiev from the hybrid activities of the enemy state.” “Language matters, and, in a time of war, it is an issue of national security,” Vasilchuk added. The legislator said all classes would be taught in Ukrainian, the country’s sole state language.

The move came after Alexey Danilov, the head of Ukraine’s National Security and Defense Council, described the Russian language last month as “an element of enemy propaganda” that “must completely disappear from Ukrainian territory.” In August, Ukraine’s Education Ministry said that nearly all works of Russian and Belarusian authors would be removed from literature classes. Ukrainian activists and officials have also been tearing down monuments to Alexander Pushkin, Russia’s national poet and novelist, who lived in the 19th century. A bronze Pushkin bust was removed from its pedestal in the northern city of Zhitomir on Friday, while a monument in Kiev was taken down last month. The rights of the sizable Russian-speaking minority have been a highly contentious issue ever since Ukraine gained independence from the Soviet Union in 1991.

The Donetsk and Lugansk regions broke away from Ukraine in 2014, following the coup in Kiev and in the wake of attempts by Ukrainian officials to restrict the use of Russian in public life. They formed the Donetsk (DPR) and Lugansk People’s Republics (LPR). Ukraine eventually adopted a set of laws that severely limit the use of Russian in public services, media, and education. Moscow repeatedly accused Ukraine of discriminating against Russian speakers. In the days leading up to the Russian military operation in Ukraine that was launched in February, President Vladimir Putin said that the Ukrainian authorities were conducting policies of “derussification and forced assimilation.” The DPR and LPR, together with two other former Ukrainian territories, joined Russia after holding referendums in late September.

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“Russian public opinion will have tremendous problems absorbing the news.”

• Sun Tzu Walks Into a Kherson Bar… (Escobar) ft: 20px;”>

Deal or no deal, General Winter is coming to town – ready to entertain his guest of honor Sun Tzu with so many new dishes at their dinner table. The announcement of the Kherson Retreat may have signaled one of the gloomiest days of the Russian Federation since 1991. Leaving the right bank of the Dnieper to set up a defense line on the left bank may spell out total military sense. General Armageddon himself, since his first day on the job, had hinted this might have been inevitable. As it stands in the chessboard, Kherson is in the “wrong” side of the Dnieper. All residents of Kherson Oblast – 115,000 people in total – who wanted to be relocated to safer latitudes have been evacuated from the right bank. General Armageddon knew that was inevitable for several reasons:

no mobilization after the initial SMO plans hit the dust; destruction of strategic bridges across the Dnieper – complete with a three-month methodical Ukrainian pounding of bridges, ferries, pontoons and piers; no second bridgehead to the north of Kherson or to the west (towards Odessa or Nikolaev) to conduct an offensive. And then, the most important reason: massive weaponization coupled with NATO de facto running the war translated into enormous Western superiority in reconnaissance, communications and command and control. In the end, the Kherson Retreat may be a relatively minor tactical loss. Yet politically, it’s an unmitigated disaster, a devastating embarrassment. Kherson is a Russian city. Russians have lost – even if temporarily – the capital of a brand new territory attached to the Federation. Russian public opinion will have tremendous problems absorbing the news.

The list of negatives is considerable. Kiev forces secure their flank and may free up forces to go against Donbass. Weaponizing by the collective West gets a major boost. HIMARS can now potentially strike targets in Crimea. The optics are horrendous. Russia’s image across the Global South is severely tarnished; after all, this move amounts to abandoning Russian territory – while serial Ukrainian war crimes instantly disappear from the major “narrative”. At a minimum, the Russians a long time ago should have reinforced their major strategic advantage bridgehead on the west side of the Dnieper so that it could hold – short of a widely forecasted Kakhovka Dam flood. And yet the Russians also ignored the dam bombing threat for months. That spells out terrible planning.

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“All civilians who wished to leave the right bank of Kherson Region were provided with assistance.”

• Russian Defense Ministry Gives Update On Kherson Withdrawal (RT)

Russian forces have completed the redeployment to the left bank of the River Dnieper in Kherson Region, the Defense Ministry has said. The maneuver was completed early Friday morning, according to the statement. The ministry denied reports that military hardware was abandoned on the other bank, or that Russian troops suffered casualties during the withdrawal. “Russian units have taken the prepared defensive lines and positions,” the ministry said. “No loss of personnel, weapons, vehicles, or materiel of the Russian forces was allowed. All civilians who wished to leave the right bank of Kherson Region were provided with assistance.” The statement claimed that Ukrainian troops tried to disrupt the movement of civilians across the river with artillery fire, but failed to do so. Russia intercepted 28 rockets fired by HIMARS launchers and diverted five others through electronic countermeasures, it said.


Russian artillery and aircraft deterred Ukrainian units from closing the gap with the river, the military added. They were stopped at least 30km from the river crossings, according to the statement. Defense Minister Sergey Shoigu ordered the troops to move across the river on Wednesday morning. He said the step was taken to avoid unnecessary deaths of the soldiers and to take up a stronger defensive position. The decision, which was described as “difficult” by military officials, left the provincial capital, Kherson, exposed to capture by Kiev’s forces. The regional authorities have urged residents of the city for weeks to leave and go to safe places to the east. Russia incorporated Kherson Region last month, after the people voted in a referendum to break away from Ukraine and join Russia. Kiev called the vote a “sham” and pledged to keep fighting until all land that it considers to be rightfully Ukrainian is taken.

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The west divides, south and east connect.

“..for the Russian Federation, strategic relations with Iran are essential for Russian national security.”

• Rewiring Eurasia: Mr. Patrushev Goes To Tehran (Escobar)

Two guys are hanging out in a cozy room in Tehran with a tantalizing new map of the world in the background. Nothing to see here? On the contrary. These two Eurasian security giants are no less than the – unusually relaxed – Russian Security Council Secretary Nikolai Patrushev and Ali Shamkhani, the Secretary of Iran’s Supreme National Security Council. And why are they so relaxed? Because the future prospects revolving around the main theme of their conversation – the Russia-Iran strategic partnership – could not be more exciting. This was a very serious business affair: an official visit, at the invitation of Shamkhani.

Patrushev was in Tehran on the exact same day that Russian Minister of Defense Sergey Shoigu – following a recommendation from General Sergey Surovikin, the overall commander of the Special Military Operation – ordered a Russian retreat from Kherson. Patrushev knew it for days – so he had no problem to step on a plane to take care of business in Tehran. After all, the Kherson drama is part of the Patrushev negotiations with US National Security Advisor Jake Sullivan on Ukraine, which have been going on for weeks, with Saudi Arabia as eventual go-between. Besides Ukraine, the two discussed “information security, as well as measures to counter interference in the internal affairs of both countries by western special services,” according to a report by Russia’s TASS news agency.

Both countries, as we know, are particular targets of western information warfare and sabotage, with Iran currently the focus of one of these no-holds-barred, foreign-backed, destabilization campaign. Patrushev was officially received by Iranian President Ebrahim Raisi, who went straight to the point: “The cooperation of independent countries is the strongest response to the sanctions and destabilization policies of the US and its allies.” Patrushev, for his part, assured Raisi that for the Russian Federation, strategic relations with Iran are essential for Russian national security.

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“Washington’s declaration that Russia no longer qualifies as a market economy..”

• Kremlin Reacts To US Economic Pressure (RT)

Washington’s declaration that Russia no longer qualifies as a market economy not only puts pressure on Moscow but will have repercussions globally, Kremlin spokesperson Dmitry Peskov told reporters on Friday. This latest step “to continue this really destructive line, in no way contributes to the stabilization in global markets,” he emphasized. Peskov was reacting to the US Department of Commerce’s announcement earlier on Friday that the US would no longer treat Russia as a market economy. The department claimed that American industries and manufacturers are struggling to compete with Russian companies in both domestic and global markets.


“This can only be viewed in one way, as it seems to me, it’s the continuation of actions to put pressure on the Russian Federation in all possible directions. We’ve seen pressure on the economy, numerous sanctions and so on,” Peskov said. He added that the Kremlin has been realizing that the Western sanctions have failed to destabilize the Russian economy. Instead, they “cause a fair amount of turbulence,” primarily for the European economy, because the US is more “resilient” in this regard. “Although the Americans also suffer from inflation and the chaos in the energy market,” Peskov added.

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“..If insurance was withdrawn mid-voyage, buyers and traders would have to figure out what to do with a stranded cargo potentially exposed to sanctions..”

• Disruptions To Oil Supplies Possible Due To Upcoming EU Restrictions (Az.)

Oil-laden tankers risk being left languishing at sea if insurers do not urgently get clarity on an unfinished G7 and European Union plan to cap the price of Russian crude, two senior industry executives told Reuters, Report informs. The Group of Seven (G7), which includes the United States, Britain, Germany and France, agreed in September to enforce a low price on sales of Russian oil. US officials said the move, which is due to start on December 5, was aimed at allowing it to continue to flow, heading off a potential price shock after total EU bans were ratified in June. And with just three weeks to go, time is running out to fully convince the shipping services industry it will work. Concerns are centered around a scenario in which insurers discover that oil in transit at sea, which was believed to have been sold below the price cap, was in fact sold above it.

This would trigger the withdrawal of insurance cover as well as a refusal by buyers to accept delivery, leading to financial and logistical headaches and risking environmental dangers. “If the time is too short, I think everyone will have a Plan B to de-risk, terminate, stay away, not maybe conclude any new contracts until there is some clarity,” said George Voloshin, Global Anti-Financial Crime Expert at ACAMS, the Association of Certified Anti-Money Laundering Specialists which consults with oil industry bankers, traders and insurers. If insurance was withdrawn mid-voyage, buyers and traders would have to figure out what to do with a stranded cargo potentially exposed to sanctions, complicating a strategy to deprive Russia of funds over its invasion of Ukraine. “It will probably be quite messy,” Voloshin said.

A European Commission official said the EU is aware that much more additional detail will be needed as time runs short for businesses to learn about their obligations, but that the issue must be dealt with at the G7 level. The official spoke to Reuters on condition of anonymity because they are not authorized to speak about the matter. “In that situation, the vessel will go off risk and financial and technical services will be withdrawn and no one is going to take delivery of the cargo,” Mike Salthouse, head of claims at British-based global ship insurer North, told Reuters. “This would be a bad development as no one will want uninsured ships sitting off coasts,” he added. Salthouse said an owner of a ship which was potentially not earning anything for many months “will price that into any decision they make about carrying cargo in the future”, adding that this was likely to act as a disincentive.

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“..it was not possible to impose a gas price cap that would not impact on long-term contracts or supply security..”

• Greece Threatens To Block EU Gas Price Correction Mechanism (K.)

Greece is prepared to block a European Commission proposal for a gas price “correction mechanism,” set to be presented to the 27 EU states Friday, instead insisting on a firm cap to rein in an unprecedented energy crisis, Kathimerini has learned. The EU’s executive told its 27 member countries at a seminar Monday that it was not possible to impose a gas price cap that would not impact on long-term contracts or supply security. Germany, the bloc’s largest economy, and the Netherlands also oppose the idea. Reacting to Monday’s development, European Council President Charles Michel reportedly sent a letter to European Commission President Ursula von der Leyen, asking her to put legislation on the table for an EU price cap on natural gas “as soon as possible.”


According to diplomatic sources, the 15 member countries calling for various versions of a price cap will ask the Commission to present a legal proposal during the Friday meeting of the 27 national ambassadors to the EU in Brussels. They say that the Commission has already put together a draft document but is not willing to take formal action. Failure to move in the direction of a price cap will prompt Greece – and other states – to block plans for a gas price “correction mechanism,” the sources said.

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An endless list of all links being forged in “the south”. Do read.

• Bamboo Diplomacy: The China-SE Asia Romance (Escobar)

Beijing’s ties with countries now in ASEAN tend to bend the bamboo way: soft, clever, persistent and enduring. The Association of Southeast Asian Nations is monopolizing the Asian and Global South spotlight for no fewer than 10 days, this week and the next, across a flurry of regional and international summits. First stop is Phnom Penh for the 25th China-ASEAN summit, the 25th ASEAN Plus Three (APT) summit, and the 17th East Asia Summit, all the way to Sunday. Next week will be Bali for the Group of Twenty, followed by Bangkok for the APEC (Asia-Pacific Economic Cooperation) summit. No wonder the diplomatic spin across Southeast Asia is all about global governance entering the “Asia moment” – as coined by Chinese Foreign Minister Wang Yi. It’s a moment that may be set to last a century – and beyond.

In parallel, Chinese diplomacy is also predictably on a roll. Premier Li Keqiang – who will step down next March, after two terms in office – heads Beijing’s delegation in Cambodia after two key Southeast Asian interactions: the visit by Vietnamese leader Nguyen Phu Trong to China and Chinese Vice-Premier Han Zheng’s visit to Singapore. All that fits the pattern of increasing China-Southeast Asia integration. Since 2020, ASEAN has been China’s largest trading partner. China has been ASEAN’s top trading partner since 2009. Total China-ASEAN trade reached $878 billion in 2021, up from $686 billion in 2020. It had been $9 billion in 1991. China-ASEAN investment was more than US$340 billion by last July, according to the Ministry of Commerce in Beijing.

Interests particularly converge on deepening RCEP – the Regional Comprehensive Economic Partnership, the largest trade deal on the planet. That translates in practice as closer integration of supply chains, infrastructure connectivity and the building of a new international land-sea trade corridor. So it’s no wonder all the slogans for these 10 days of summits reflect closer integration. The ASEAN 2022 theme is “ASEAN A C T: Addressing Challenges Together.” The Indonesians defined the G20 as “Recover Together, Recover Stronger.” And the Thais defined APEC as “Open. Connect. Balance.”

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We’re still counting. Incredible. In more ways than one.

• The Winners and Losers in a Shift in Control of Congress (Turley)

WINNERS – Constitutionalism: The last two years have seen frontal assaults on constitutional values ranging from separation of powers to free speech. Democrats applauded, for example, as President Joe Biden unilaterally waived roughly $500 billion in loans owed to the American people. While courts repeatedly found Biden to have violated the Constitution, Congress remained conspicuously silent even as it joined the president in declaring Republicans threats to the Constitution. In an August New York Times column, “The Constitution Is Broken and Should Not Be Reclaimed,” law professors Ryan D. Doerfler of Harvard and Samuel Moyn of Yale called for our founding charter to be “radically altered” to “reclaim America from constitutionalism.”

It’s safe to say voters effectively reclaimed constitutionalism from such extremist voices. Once again, voters preferred divided government with a Congress willing and able to challenge a president rather than remain a pure pedestrian in the exercise of governance. There’s now a moving part in Congress that’s been dormant for two years. As those institutional gears engage, checks and balances will again force greater accountability and exposure in the constitutional system.

The Supreme Court: For two years, the left has targeted the nation’s highest court with calls for packing it. Polls have long showed this movement was contained almost entirely within the far left. Yet attacking the court and its justices was an article of faith for many Democrats, including Sen. Elizabeth Warren, who called for raw court packing. While the attacks are likely to continue, the shift in Congress will put an end to such radical proposals.

LOSERS- The media: Outlets, in framing the election, consistently echoed Democrats’ narratives — yet failed to deliver them victory. The media now face the prospect of inquiries that could further erode voter trust. Congressional investigations will likely drill down on the Hunter Biden influence-peddling scandal. The media played an active role in burying that scandal and will face questions of how they could turn a blind eye to globe-spanning corruption that involved millions of dollars from foreign political and intelligence figures. They may also see an investigation into backchannels political and government officials used to enlist surrogates in the media and social media for censorship.

The Bidens: The election’s biggest loser could be the Biden family. After successfully avoiding any media or congressional scrutiny of their alleged influence peddling, time is up for the Bidens. Despite Attorney General Merrick Garland’s refusal to appoint a special counsel, they will face investigations launched with the full authority of the Oversight Committee. Garland will also confront demands to show the same aggressive prosecution of contempt of Congress when Biden associates are the subject of such referrals. All this will add to whatever emerges from Delaware in the long-standing investigation of tax and other allegations against Hunter Biden. With the midterms over, the Justice Department will no longer be bound to avoid filings that might influence the election. Hunter could easily find himself under indictment as Congress ramps up a broad investigation into his foreign dealings.

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“Biden knew he couldn’t “forgive”your student loan debt…..

He lied for votes knowing it would get thrown out in court!”

• Federal Judge Declares Biden Loan Forgiveness Unconstitutional (Turley)

We have previously discussed how the Administration stretched the 2003 Higher Education Relief Opportunities for Students (HEROES) to the breaking point as the basis for waiving roughly half a trillion dollars in debt owed to the public in college loans. Now, U.S. District Judge Mark Pittman of the Northern District of Texas has issued an opinion declaring that President Joe Biden violated the Constitution in unilaterally forgiving the debt before the midterm election. Judge Pittman wrote “[i]n this country, we are not ruled by an all-powerful executive with a pen and a phone.” It was former President Barack Obama who defied Congress with unilateral actions and declared that he would go it alone if needed because “I’ve got a pen, and I’ve got a phone.”

President Biden took the same course when it was clear that the loan forgiveness program would not pass Congress. Biden simply announced that he would forgive up to $10,000 in student loan debt for borrowers earning less than $125,000 annually; those who received Pell grants could receive up to $20,000 in relief; couples can qualify despite a joint annual income of $250,000. No vote of Congress — just hundreds of billions of dollars written off by Biden, as if he is an American tsar. Judge Pittman held that “it is fundamental to the survival of our Republic that the separation of powers as outlined in our Constitution be preserved.”

I previously criticized the legal basis for the loan forgiveness program. The Biden Administration has largely counted on blocking anyone from getting to the merits by challenging the standing of anyone to sue over the giveaway. On the merits, the Biden Administration’s position is transparently opportunistic in my view. As the acronym indicates, this short bill was designed for military personnel who often found themselves in arrears while serving abroad. It allows the Education Secretary to grant student loan relief during a war, military operation or national emergency. But nothing in the barely five-page act supports a sweeping and unprecedented waiver of billions of dollars in loans owed to the government.

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“..the Flemish government will pay a whopping EUR 200,000 in membership fees to the WEF and approximately EUR 27,000 as a participation fee in their annual meeting in Davos..”

And Flanders isn’t even a country…

• Flemish Government Preparing To Cancel WEF Membership (NNP)

The Flemish conservative party, Vlaams Belang, is pressuring the government to cancel its World Economic Forum (WEF) membership. This year, the Flemish government will pay a whopping EUR 200,000 in membership fees to the WEF and approximately EUR 27,000 as a participation fee in their annual meeting in Davos. Rairfoundation.com reports: In a press release by Vlaams Belang, Flemish Member of Parliament Sam van Rooy stated that the Flemish government is legitimizing and subsidizing a worldwide lobby organization that is openly pursuing a well-defined ideological agenda, namely that of globalism.” This agenda seems to have recently crystallized into the so-called “Great Reset,” which aims to create “a safer, more equal and more stable world” by “acting collectively and swiftly to renew all aspects of our societies and economies, from education to social contracts and working conditions.”

They are striving for a world government based on climate hysteria and social control. Because citizens in a democratic constitutional state are entitled to transparency regarding the policies pursued, MEP van Rooy asked Flemish Minister-President Jan Jambon questions about the Flemish government’s ties and cooperation with the WEF. In his reply, Jambon stated that the Flemish government “has no structural contacts with the WEF outside of its participation in the WEF meeting in Davos” but that there are “more regular contacts at the level of the Flemish government.” According to the prime minister, those contacts also aim to follow up on the various activities and projects that take place annually, including outside the Davos meeting.

Until 2020, the Flemish government paid an annual membership fee of 55,000 euros to the WEF. Since 2022, however, Flanders has been “promoted” to “associate partner” of the WEF, which requires a membership fee of no less than 175,763.87 euros per year. This contribution has already been paid for 2022; the same bill is expected for 2023. About that “associate partnership,” Jambon states the following: “The associate partnership offers the advantage that Flanders can participate in more activities throughout the year and, in addition, projects are being worked on within a thematic platform, ‘Shaping the Future of Trade and Investment.’ Those activities and projects provide additional visibility and the opportunity to learn and contribute policy-wise.” So the entanglement between the Flemish government and the WEF is therefore increasing, says Van Rooy.

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German European Parlimentarian Christine Anderson posted this on Telegram.

• A Committee Of Inquiry Into Bourla And von der Leyen (Anderson)

Christine Anderson (AfD): YouTube didn’t want you to know what we uncovered in the EU special committee on the Corona pandemic YouTube has deleted several videos with speeches by Christine Anderson (AfD), who is a member of the EU special committee on the Corona pandemic for the ID group. In some cases, even videos with questions that the MEP had asked in the committee were sanctioned. Following legal intervention, YouTube caved in and put videos that had already been censored back online. Anderson is now calling on YouTube to hand over the “medical misinformation guidelines” on which the platform operator bases its sanctions. “The impression here is that information that doesn’t fit the desired narrative should be suppressed. I won’t stand for that. If YouTube lets my deadline pass unused, I will file a lawsuit in court,” Anderson said.

Anderson regularly publicizes how high-ranking representatives of the pharmaceutical industry, such as the vice president of AstraZeneca, increasingly come under pressure during hearings and criticized Pfizer CEO Alfred Bourla for canceling his participation in one such meeting at short notice. “I call for a committee of inquiry to take a closer look at the relationship between the Pfizer CEO and EU-Commission President Ursula von der Leyen.” Anderson and her Dutch colleague Rob Ross also uncovered a scandal: “Bourla’s representative on the committee, Janine Smalls, had to admit to Ross in a questioning that the pharmaceutical giant had no knowledge before the market launch of the Pfizer/BionTech drug whether it could be used to prevent the infection as well as the transmission of Covid-19 at all.


“Statements like – “If you vaccinate, you protect yourself and others!” – in the context of the Covid vaccination campaign were simply lies!” In a written question, Anderson is now asking the EU Commission where statements in support of the vaccination campaign originated, such as those still being used by the German government, and whether sanctions can be expected for such “fake news” within the framework of the EU action plan against disinformation. More background information and video links as well as contact possibilities for press representatives on Christine Anderson’s homepage (currently only available in German): www.christineanderson.eu/links/bab-11-2022

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Termites and ants

 

 

 

 

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