Hamas decided to celebrate the 50th anniversary of the Yom Kippur War by launching another war.
Israeli prime minister Benjamin Netanyahu declared “we are at war, and we will win it” early Saturday as the country’s air force began striking targets in Gaza in response to a surprise Hamas attack on the 50th anniversary of the 1973 Yom Kippur War, involving more than 3,000 rockets and groups of terrorists descending on Israeli territory by land, sea, and even paraglider.
At least 40 Israelis have been killed in the fighting and at least 740 injured, the Israeli military said, and videos posted on social media appear to show Hamas taking civilian hostages. A militant group in Gaza, Palestinian Islamic Jihad, also claims to be holding a group of Israeli soldiers hostage.
As rockets rained down on central and southern Israel, the televisions began broadcasting footage of armed groups of Hamas terrorists pouring into towns across the country in pickup trucks, the Times of Israel reported. In response, the IDF deployed forces to the south, where troops began engaging with the Hamas invaders.
The Israeli Air Force also scrambled dozens of jets to strike four command centers and 17 military compounds in the Gaza strip, the air force announced on X. At least 198 Palestinians have been killed and 1,610 have been wounded in the retaliatory attacks, according to the Palestinian Health Ministry.
The biggest difference between the real Yom Kippur War and Hamas’ farce is the size of of the opposition. In 1973, Israel was attacked by the armies of Egypt and Syria supported by forces from Saudi Arabia, Algeria, Jordan, Iraq, Libya, Kuwait, Tunisia, and Morocco, plus some random units from Cuba and North Korea, a coalition that theoretically could wipe Israel off the map. By contrast, Hamas is a terrorist organization that controls some 141 miles of square territory and survives on handouts from the UN, EU, Iran and Syria.
Israel has the most modern and technologically advanced army in the Middle East, and arguably the second most technologically advanced in the world. Their air force is entirely American-made, including F-35s.
The news that Hamas is using technicals is both interesting and obvious, as they’re a very cost-effective option. They’re not ideal for urban combat or stand-up fights, but if they can get out of the built-up area around Gaza and out into the flatter, more open terrain to the south they can do some damage as hit and run forces, at least until the Israeli Air Force can track them down. I assume Hamas has drones, because it’s 2023 and everyone has drones, plus their patron Iran makes some.
Enjoy some random combat footage, including what looks like a knocked-out Merkava tank.
We all know what the outcome of this conflict will be: Hamas will kill some Israeli civilians and a few IDF soldiers, and Israel will pound the snot out of Hamas and it’s command and control infrastructure, after which it will take Hamas a decade or so of payments from its sugar daddies to build up enough to do it all over again.
Hamas is a pustule that occasionally needs to be lanced, but little more.
Update: Yep, drones. IDF needs to go back to the makers of Trophy and ask why it didn’t stop a slow-moving, top-drop munition.
Well, I’ve had better weeks. In addition to my job ending, my dog had to get $1,700 worth of veterinary work done (removing and testing a lump on his chest, and while he was getting that I got his teeth cleaned). So feel free to hit the donation jar at the bottom of the post.
A prosecutor overseeing the Hunter Biden tax probe likely intervened to protect President Biden from Department of Justice scrutiny, Eileen O’Connor, former assistant attorney general for the Justice Department’s Tax Division, testified at the first House Oversight impeachment hearing Thursday.
The impeachment inquiry, which was formally opened earlier this month without a full House vote, builds on the committee’s months-long probe into Biden’s alleged foreign influence peddling.
U.S. attorney for the District of Delaware David Weiss led the investigation into Hunter Biden’s taxes, which began in 2018, and was assisted by assistant U.S. attorney Lesley Wolf.
IRS whistleblowers who worked on the probe, and have since provided a trove of information to the committee, identified many deviations from standard procedure, which they claim were driven by Weiss and his staff as well as officials at main Justice in an attempt to slow walk or otherwise obstruct the probe.
The whistleblowers highlighted the fact that attorneys from the DOJ’s tax division suggested the removal of Hunter’s name from documents, including subpoenas, and pointed out that prosecutors at the U.S. attorney’s office in Delaware prohibited IRS and FBI investigators from asking about or referring to “the big guy” or “dad” in witness interviews.
Wolf also ordered investigators not to escalate the tax probe into a campaign-finance probe, according to a document the GOP committee obtained from the whistleblowers. Specifically, she told them not to pursue the possibility that a hefty sum Hunter received from a major Democratic donor to pay his back taxes may have constituted an illegal campaign-finance contribution.
Why, it’s almost as if there’s a different rule for powerful Democrats than for other Americans…
“Adam Schiff Funneled Millions To Defense Contractors After Taking Donations.” Of course he did. “This financial maneuvering coincided with Schiff receiving $8,500 in contributions from PMA Group PAC and two family members of Paul Magliocchetti, founder and owner of the lobbying firm retained by both defense companies. In 2011, Paul Magliocchetti was sentenced to 27 months in prison for making illegal campaign contributions.”
Target closes nine stores in Portland, San Francisco, Oakland, Seattle and New York City, citing losses from crime.
States are fighting back against ESG companies trying to destroy their oil and gas industries.
“Oklahoma is a natural gas and oil industry state,” [Oklahoma State Auditor Cindy Byrd] said. “These things are very important to us, and we’ve seen that shut down over the last few years, which is really hurting Oklahoma.”
Increasingly, the environmental social and governance (ESG) industry is coordinating efforts among banks, insurance companies, and asset managers to cut America’s production of fossil fuels. It coordinates these efforts through a coalition of net-zero associations under the umbrella of the U.N.-affiliated Glasgow Financial Alliance for Net Zero (GFANZ).
The net-zero clubs that are part of GFANZ encompass virtually all elements of global finance, including the Net Zero Banking Alliance (NZBA), the Net Zero Insurance Alliance (NZIA), the Net Zero Asset Managers initiative (NZAMi), the Net Zero Asset Owners Alliance (NZAOA) and the Net Zero Financial Service Providers Alliance (NZFSPA). Members of these alliances pledge to work together to achieve UN goals of net zero CO2 emissions by 2050 or sooner.
We thought about investments, getting good returns, trying to make money with your money, and that was the prominent thought when I first got in office,” said Kentucky State Treasurer Allison Ball. “I remember when I first started coming to events, I began to hear about an initiative called ESG, and I thought at the time that this was academic; I didn’t really take it very seriously.
“In the course of the last couple of years, it began to become very aggressively pushed,” she told The Epoch Times. “There’s been an effort to really make it the only game in town, to really shift that mentality from investing to make money, making sure you’re getting good returns, to using investments as leverage to push certain mostly political ideas.
“Coal and oil and gas industries, those are signature industries in Kentucky,” Ms. Ball said. “And they’ve been targeted very strongly by the E part of ESG, so I began to see real impacts on the economy of Kentucky, my home area.”
The felony convictions of four former Navy officers in one of the worst bribery cases in the maritime branch’s history were vacated Wednesday due to questions about prosecutorial misconduct, the latest setback to the government’s years-long efforts in going after dozens of military officials tied to Leonard Francis, a defense contractor nicknamed “Fat Leonard.”
U.S. District Judge Janis Sammartino called the misconduct “outrageous” and agreed to allow the four men to plead guilty to a misdemeanor and pay a $100 fine each.
California Democratic Senator Dianne Feinstein dead at 90.
“A group of five Harris County residents filed a petition in state district court on Friday seeking to remove Harris County Judge Lina Hidalgo from office, arguing that she has abandoned her duties and responsibilities as the elected chief executive of the state’s most populous county….petitioning to remove Hidalgo under Texas Local Government code allowing for removal of an unfit or incompetent elected official.” She’s been on “mental health leave” since July.
“Prosper ISD Taxpayers Debate Priciest High School Stadium in Texas.” As in $94.8 million pricey. And that’s after they already built one for $53 million, the fifth priciest in the state, that opened in 2019. And they’ve already built two high schools that cost $200 million each, presumably with gold-plated microscopes and Tito Puente as the music teacher…
I haven’t been covering the Ken Paxton impeachment because I don’t think I have anything novel to say about it that hasn’t been covered better elsewhere. Enjoy the Friday LinkSwarm!
U.S. credit card debt tops $1 trillion. Thanks, Joe Biden.
Truth about our current economic situation:
We went into a recession after two back to back quarters of -1.5 over a year ago. When this happened, the establishment changed the parameters that define recession. We’ve remained at a net loss with job creation and “Bidenomics”. This isn’t recovery and everyone knows it. https://t.co/RXltpBNxhp
The feature that really made The Daily Show famous was its masterful use of archival video clips to reveal the hypocrisy of the chattering classes. Stewart would set his target on some party shill or professional talking head being condescending, self-important, dishing out blame, kissing whatever ring he’d been paid to kiss. And then the show would play a clip of the same talking head’s appearance on a C-SPAN 3 four-in-the-morning call-in show from ten years ago, back when he’d been paid to kiss another ring, saying the exact opposite thing.
There was a clip, there was always a clip. And our righteous host would send these hacks packing.
Through all this, certain public figures would be transformed into storylines with narratives and characters, with inside jokes and recurring bits. The media’s storytellers became the subjects of a theater of the absurd. It got so that when certain figures would show up in a segment, you knew you were about to witness them receive their just comeuppance, a great spectacle of spilled archival blood. The audience would titter in excited anticipation.
It was a delight to watch.
Snip.
What had created a culture of “just talking on TV without any accountability,” as one Daily Show writer put it, was not only the sheer volume and speed of the news. It was this true fact that will sound insane to anyone under the age of thirty: People on television reasonably assumed that no one would hear what they had said ever again.
As essayist Chuck Klosterman records in The Nineties: A Book, the key characteristic of twentieth-century media was its ephemerality. You experienced it in real time and internalized what was important and what it felt like. Then you moved on. “It was a decade of seeing absolutely everything before never seeing it again.”
People used to argue with their friends about the plot of a show or what the score had been in the ball game because, well, how were you going to check? Unless you had personally saved the newspaper or recorded it on your VCR, you would need to go to a literal archive and pull it up on microfilm.
TV news was even shakier, as networks often recorded over old tapes. Some of this footage only exists today because of the obsessive efforts of one Philadelphia woman who recorded news broadcasts on 140,000 VHS tapes over forty years.
And so, if you were a pundit or a commentator or a “spin doctor” PR flak, you could say whatever suited your needs at the moment, or even lie with impunity — as long as your lie did not become its own pseudo-event. Your lasting impact was whatever stuck in viewers’ heads and hearts. And if you changed your tune in the months or years afterwards, who would remember?
The Daily Show would remember.
The explosion of live broadcast and cable news had created a new, completely under-valued resource for whoever thought to harness it: catalog clips. Soon, new digital technology could preserve content in amber, allowing for its retrieval, repurposing, or referencing at any time.
It’s a long essay, and I don’t necessarily agree with all the writer’s points, but it’s worth reading.
There was no state of emergency, no curfews, no orders to stay at home or shelter in place. Young Swedes were encouraged to continue with their sports training and events. Schools remained open, and so did offices, factories, restaurants, libraries, shopping centers, gyms, and hairdressers. As a rule, borders were not closed to fellow Europeans and public transportation kept running.
There were no mask mandates and not even a recommendation for the public to use masks—until January 2021, when they were recommended on public transportation during rush hours (7–9 a.m. and 4–6 p.m. on weekdays). While some other governments forced school children to wear face masks, Tegnell even warned against making children wear them, saying that “school is no optimal place for face masks.”6
One can see how Sweden’s path diverged from that of its peers by consulting the latest Human Freedom Index, which has data through 2020. During this first year of the pandemic, Sweden’s freedom rating only fell by 0.19 on a 10‐point scale, compared to 0.49 in Britain and 0.52 in the United States. The only rich country that saw a smaller decline in freedom than Sweden was Singapore, at 0.16.7
Snip.
Analysts from other countries—and even some Swedish scholars—predicted disaster. One influential Swedish model, inspired by the famous British Imperial College study, predicted that Sweden would have 20,000 COVID-19 patients needing intensive care by early May 2020 and a need for intensive care units around 40 times over capacity. By July 1, Sweden would have 82,000 COVID-19 deaths. The Imperial College model predicted between 66,000 and 90,000 deaths without mitigation efforts, and a peak demand of intensive care unit patients 70 times higher than capacity.
Snip.
When you look at excess deaths during the three pandemic years, 2020–2022, compared to the previous three years, you get a very different picture. According to this measure, Sweden’s excess death rate during the pandemic was 4.4 percent higher than previously. Compared to the data that other countries report to Eurostat, this is less than half of the average European level of 11.1 percent, and remarkably, it is the lowest excess mortality rate during the pandemic of all European countries, including Norway, Denmark, and Finland.
“Poland Aims To Create Largest Army In Europe Within Two Years.” Golly, who would need a large army with such historically peaceful neighbors as Germany and Russia?
e Texas Department of Criminal Justice (TDCJ) declared a statewide lockdown of all its correctional facilities on Wednesday morning, citing increased contraband-related incidents and drug-related inmate homicides.
TDCJ said most inmate-on-inmate homicides “are tied back to illegal drugs … and over the last five years, the volume of illegal narcotics entering the system has substantially increased.”
In response to the drug and murder epidemic in Texas jails, TDCJ is implementing the following strategies to restore order:
Systemwide Lockdown: Each facility will limit the movement of inmates and their contact with those outside the prison. Inmates and staff will undergo intensified searches to intercept and confiscate contraband.
Digital Mail: TDCJ is completing the rollout of the digital mail program. Over the last few years, there has been a significant increase in paper soaked in K2 or methamphetamines coming into our facilities. The digital mail program will halt this contraband being sent through traditional mail. Effective September 6, 2023, all inmate mail should be addressed and sent to the Digital Mail Center. All mail received this week will be delivered to the digital mail processing center. More information about this program can be found here: TDCJ News – TDCJ Digital Mail Rollout.
Increased K9 Searches and Other Technology: To assist in contraband detection and outside funding related to contraband, TDCJ will be deploying additional resources. Specialized search teams and narcotic dogs will be deployed to units and staff will be subject to enhanced search procedures.
Comprehensive Searches: All persons entering our facilities at all locations will undergo comprehensive searches.
“Due to the fact staff will be concentrating on these search efforts, visitation will be canceled until further notice. Inmates will still have access to the phone system and tablets,” TDCJ said.
If drugs are getting into Texas prisons, there’s over a 90% chance correctional staff are getting them in there.
“There is no climate emergency,” the Global Climate Intelligence Group (CLINTEL) said in its World Climate Declaration (pdf), made public in August. “Climate science should be less political, while climate policies should be more scientific. Scientists should openly address uncertainties and exaggerations in their predictions of global warming, while politicians should dispassionately count the real costs as well as the imagined benefits of their policy measures.”
A total of 1,609 scientists and professionals from around the world have signed the declaration, including 321 from the United States.
The coalition pointed out that Earth’s climate has varied as long as it has existed, with the planet experiencing several cold and warm phases. The Little Ice Age only ended as recently as 1850, they said.
“Therefore, it is no surprise that we now are experiencing a period of warming,” the declaration said.
Warming is happening “far slower” than predicted by the Intergovernmental Panel on Climate Change.
“Climate models have many shortcomings and are not remotely plausible as policy tools,” the coalition said, adding that these models “exaggerate the effect of greenhouse gases” and “ignore the fact that enriching the atmosphere with CO2 is beneficial.” For instance, even though climate alarmists characterize CO2 as environmentally-damaging, the coalition pointed out that the gas is “not a pollutant.”
Carbon dioxide is “essential” to all life on earth and is “favorable” for nature. Extra CO2 results in the growth of global plant biomass while also boosting the yields of crops worldwide.
CLINTEL also dismissed the narrative of global warming being linked to increased natural disasters like hurricanes, floods, and droughts, stressing that there is “no statistical evidence” to support these claims.
“There is no climate emergency. Therefore, there is no cause for panic and alarm. We strongly oppose the harmful and unrealistic net-zero CO2 policy proposed for 2050. Go for adaptation instead of mitigation; adaptation works whatever the causes are,” it said.
“California mom Jessica Konen won a $100,000 settlement from her daughter’s school district, Spreckels Union School District, after Buena Vista Middle School had socially transitioned her 11-year-old daughter, Alicia, without her knowledge or consent.”
Remember how the UK was economically lagging other countries in Europe and Remainers blamed Brexit? Yeah, not so much.
The Office for National Statistics (ONS) now says that the UK economy actually recovered from the pandemic recession back in 2021. It turns out that wholesalers and the healthcare sector, in particular, had produced much greater output than previously thought.
These updated figures suggest that the UK economy is as much as two per cent larger than previously believed. This means that the UK can no longer be considered the worst-performing economy in the G7. In fact, post-Brexit, the UK recovered from the pandemic at a similar rate to France and at a faster pace than Germany, Europe’s largest economy.
The ONS’s revision is extraordinary. As one leading economist put it: ‘The entire UK economic narrative – post-pandemic – has just been revised away.’ The very basis for the Remainer elites’ narrative of doom has now been shattered before our eyes.
Mark Felton visits Buckingham Palace, and is Not Amused. “The rooms open to the public are, of course, lavishly decorated. The amount of gold painted furniture, pianos and urns, similar to what I imagine Liberace’s house look like. The walls are hung with the usual assortment of well-fed Hanoverians.” Plus: No bathrooms for you, lowly peasant!
I’ve watched the occasional Wranglerstar video for homesteading and prepping information, but never noticed any bomb-throwing proclivities. But the Rolling Stone piece by Miles Klee seems to be a blatant hit piece.
One of the main contentions is Klee’s portrayal of Crone’s comedic or satirical videos as factual and instructional. The blending of satire with fact can often create misleading perceptions. It’s important for journalists to differentiate between the two, rather than painting everything with the same brush.
Moreover, Klee’s article leans heavily on the negative aspects of Crone’s channel, with little consideration of its broader context. For instance, discussions about preparedness or self-defense can be essential for people living in remote areas, where reliance on immediate help might not always be feasible. The article also fails to mention the vast amount of educational content Wranglerstar has provided over the years, focusing solely on the more controversial topics.
The growth of platforms like YouTube and TikTok allows for diverse content and narratives. However, it’s essential for journalism to remain objective and provide a balanced view. Misrepresentation not only undermines the credibility of media outlets but can also unjustly tarnish the reputation of individuals who rely on these platforms to share their voice and experiences.
It is also important to note that Klee recently openly mocked and ridiculed the movie, “Sound of Freedom”. “I watched Jim Caviezel’s QAnon-ish child-trafficking drama “Sound of Freedom” with the kind of muttering, coughing, “Amen!”-bellowing boomers who have made it a right-wing indie hit. Hard to overstate just how disgusting it was!” Klee wrote on his Threads account.
So Klee is evidently someone that hates preppers and movies about people who fight sex trafficking equally.
Here’s Wranglerstar’s own response, how received tons of threats after the Rolling Stone piece, how law enforcement offers reached out to him with credible threats against him and his family, and how he initially took down his videos, then regretted doing so.
The amazing thing to me is how Rolling Stone, a theoretically still-important member of the Fifth Column Fourth Estate, literally went after a random guy on YouTube for daring to suggest prepping for hard times and potential government oppression. So much for those “counterculture” roots, Rolling Stone declares itself firmly in the camp of Team Bootheel and seems very, very concerned that some random guy in Washington state might not knuckle under to The Man…
San Diego tries enforcing the law, a sampler of the lies Obama told about his life, Blade-Runners take on Big Brother’s cameras, a nuke rises in Texas, and a Cthuloid horror swims the chilly waters of Antarctica. It’s the Friday LinkSwarm!
San Diego tries “this one weird trick” to deal with homeless problem: Enforcing the law.
Police began enforcing San Diego’s controversial new camping ban Monday, and although officials said they’ve so far focused only on Balboa Park, the new ordinance combined with other enforcement of laws long on the books has already made notable changes in the encampment landscape.
The “Unsafe Camping Ordinance” allows officers to force people off public land if they’re sleeping within two blocks of a school, shelter, trolley station, waterway or park “where a substantial public health and safety risk is determined.”
Capt. Shawn Takeuchi, head of the city’s neighborhood policing division, said his five-member team did arrest several homeless people Monday by Balboa Park, but only for existing warrants.
Others were given a warning, he said. If any of the same people are found illegally camping a day later, they’ll get a ticket even if they’ve moved locations.
Nobody in Balboa Park accepted offers for shelter Monday, the captain added. Enforcement will continue to focus on schools and parks in the near future, and officials declined to say where the team might move next.
Do you think Austin’s government might start enforcing the city’s camping ban? Of course not. Then how are they supposed to rake off the graft? (Hat tip: Instapundit, who offers some takeaways worth highlighting:
1. The homeless respond to policy and incentives like anyone else. The mere announcement of a future camping ban (plus some enforcement of other existing rules) rapidly cleared out major problem areas.
2. The provision of shelter or housing is neither necessary nor sufficient to accomplish these clear-outs. Of the people asked to leave Balboa Park on the first day of enforcement (issuance of warnings), none accepted offers of shelter.
3. The NGOs that have colonized the homeless problem have neither the incentive nor the knowledge to solve it. The head of one shelter was confused by the magical disappearance of his potential clients. “Where did they go?”
There is a fascinating passage in Rising Star, David Garrow’s comprehensive biography of Barack Obama’s early years, in which the historian examines Obama’s account in Dreams from My Father of his breakup with his longtime Chicago girlfriend, Sheila Miyoshi Jager. In Dreams, Obama describes a passionate disagreement following a play by African American playwright August Wilson, in which the young protagonist defends his incipient embrace of Black racial consciousness against his girlfriend’s white-identified liberal universalism. As readers, we know that the stakes of this decision would become more than simply personal: The Black American man that Obama wills into being in this scene would go on to marry a Black woman from the South Side of Chicago named Michelle Robinson and, after a meteoric rise, win election as the first Black president of the United States.
Yet what Garrow documented, after tracking down and interviewing Sheila Miyoshi Jager, was an explosive fight over a very different subject. In Jager’s telling, the quarrel that ended the couple’s relationship was not about Obama’s self-identification as a Black man. And the impetus was not a play about the American Black experience, but an exhibit at Chicago’s Spertus Institute about the 1961 trial of Adolf Eichmann.
At the time that Obama and Sheila visited the Spertus Institute, Chicago politics was being roiled by a Black mayoral aide named Steve Cokely who, in a series of lectures organized by Louis Farrakhan’s Nation of Islam, accused Jewish doctors in Chicago of infecting Black babies with AIDS as part of a genocidal plot against African Americans. The episode highlighted a deep rift within the city’s power echelons, with some prominent Black officials supporting Cokely and others calling for his firing.
In Jager’s recollection, what set off the quarrel that precipitated the end of the couple’s relationship was Obama’s stubborn refusal, after seeing the exhibit, and in the swirl of this Cokely affair, to condemn Black racism. While acknowledging that Obama’s embrace of a Black identity had created some degree of distance between the couple, she insisted that what upset her that day was Obama’s inability to condemn Cokely’s comments. It was not Obama’s Blackness that bothered her, but that he would not condemn antisemitism.
Snip.
Perhaps the most revealing thing about Jager’s account of her fight with Obama, though, is that not one reporter in America bothered to interview her before David Garrow found her, near the end of Obama’s presidency. As Obama’s live-in girlfriend and closest friend during the 1980s, Jager is probably the single most informed and credible source about the inner life of a young man whose election was accompanied by hopes of sweeping, peaceful social change in America—a hope that ended with the election of Donald Trump, or perhaps midway through Obama’s second term, as the president focused on the Iran deal while failing to address the concerns about rampant income inequality, racial inequality, and the growth of a monopoly tech complex that happened on his watch.
The idea that the celebrated journalists who wrote popular biographies of Obama and became enthusiastic members of his personal claque couldn’t locate Jager—or never knew who she was—defies belief. It seems more likely that the character Obama fashioned in Dreams had been defined—by Obama—as being beyond the reach of normal reportorial scrutiny. Indeed, Garrow’s biography of Obama’s early years is filled with such corrections of a historical record that Obama more or less invented himself. Based on years of careful record-searching and patient interviewing, Rising Star highlights a remarkable lack of curiosity on the part of mainstream reporters and institutions about a man who almost instantaneously was treated less like a politician and more like the idol of an inter-elite cult.
Snip.
Progressive theology is built on a mythic hierarchy of group victimhood which has endured throughout time, up until the present day; the injuries that the victims have suffered are so massive, so shocking, and so manifestly unjust that they dwarf the present. Such injuries must be remedied immediately, at nearly any cost. The people who do the work of remedying these injustices, by whatever means, are the heroes of history. Conversely, the sins of the chief oppressors of history, white men, are so dark that nothing short of abject humiliation and capitulation can begin to approach justice.
It goes to say that nothing about the terms of progressive theology is original. It is the theology of Soviet communism, with class struggle replaced by identity politics. In this system, Jews play a unique, double-edged role: They are both an identity group and a Trojan horse through which history can reenter the gates of utopia.
Read the whole thing to see all those facts about Obama that the media ignored…including his fantasies about having sex with men.
Members of the IPCC, such as Pedro Moura-Costa (above) and Gareth Philips, had major conflicts-of-interest. They owned, created and/or worked for businesses — such as Ecosecurities and SGS Forestry — that would directly profit from the report’s conclusions.
In fact, the IPCC panel members’ companies were positioned to earn millions of dollars from the report. But the mainstream media did not report these conflicts and instead piled on the “global warming” and “carbon offset” bandwagons.
Solar energy portal Ecotopia reported that members of the IPCC “…had vested interests in reaching unrealistically and unjustifiably optimistic conclusions about the possibility of compensating for emissions with trees… [and] should have been automatically disqualified from serving on an intergovernmental panel charged with investigating impartially the feasibility and benefits of such ‘offset’ projects.”
According to accounts of four people with knowledge of the situation, M. Kaleo Manuel, a Native Hawaiian cultural practitioner and DLNR’s deputy director for water resource management, initially refused West Maui Land Co.’s requests for additional water to help prevent fires from spreading to properties managed by the company. Manuel eventually released water but not until after the fire had run its course.
His office has not yet commented on the delay of water resources.
How much damage could have been prevented with the extra water is not yet known. However, the question of “Why?” needs to be addressed in the wake of one of the worst natural disasters in Hawaii’s history. Though bureaucratic red tape might be the most obvious suggestion, a recent interview with M. Kaleo Manual offers some interesting and disturbing insight. Manuel waxes philosophical on “water equity” (“equity” being a pervasive woke buzzword) and an ancient “reverence” of water as god-like. He uses these beliefs to support his rationale for keeping tight controls over Hawaiian water supplies; not as a resource to be used, but as a holistic privilege offered by the government.
Economist who named BRICS says the idea of a common BRICS currency is “embarrassing.”
“It’s just ridiculous,” [Lord Jim O’Neill] told the Financial Times in an interview on Monday. “They’re going to create a BRICS central bank? How would you do that? It’s embarrassing almost.”
The economist spoke ahead of the 15th BRICS summit next week, where the nations will meet to decide whether to expand membership to other countries and may also float the idea of the common currency.
The following story was related to me by a former Governor of Minnesota, who was of Norwegian descent. A number of years ago, a Norwegian dignitary (the Prime Minister, I think) visited Minnesota. Talking to our governor, the Prime Minister tut-tutted about Minnesota’s crime rate, saying that there was much less crime in Norway. Minnesota’s governor replied, “We don’t have a crime problem with our Norwegians, either.”
That anecdote came to mind when I read, in the London Times, “Sweden’s slide from peaceful welfare state to Europe’s gun-killings capital.”
Today, Sweden is Europe’s capital of gun homicide. Last year, according to the Swedish national council for crime prevention, 63 people were shot and killed: more than double the European average and, per capita, multitudes higher than London or Paris.
… The effect on Swedish society has been striking. As well as the lives lost, the violence has brought down a government, changed laws and policies, and become the biggest talking point in a country that once prided itself on its reputation as a peaceful welfare state.
Violent crime will do that, although, to be fair, Sweden’s homicide rate is considerably lower than ours. But it is now significantly higher than homicide rates in quite a few other European countries, including Norway. Why is that? Have Swedes suddenly started getting violent? No.
It has also kicked the hornet’s nest of integration. Today, one fifth of all people living in Sweden were born outside the country.
Dow Chemical is planning to build a small nuclear reactor to power their plant in Calhoun County. Good for them. The TRISO-X fuel they’re using sounds like it will be a pebble bed reactor design.
“Target Sales Dipped in Last Quarter Due to Pride Backlash.”
Finland’s newly elected parliament on Tuesday voted in favour of National Coalition Party leader Petteri Orpo to become prime minister, as widely expected, ushering in a right-wing government and ending Social Democrat Sanna Marin’s rule.
Orpo will lead a coalition of the conservative NCP, the nationalist Finns, the minority-language Swedish People’s Party and the Christian Democrats, which together won a majority of parliamentary seats in the April 2 election.
The new finance minister will be Riikka Purra, head of the eurosceptic Finns Party, while the NCP’s deputy leader Elina Valtonen will become foreign minister when the government takes office later on Tuesday.
“I warmly thank you for the confidence you’ve shown me,” Orpo told parliament shortly after the vote.
A self-styled fiscal conservative, Orpo campaigned on a promise to reduce the government’s budget deficit by cutting spending while also reducing taxes and seeking to boost private sector job creation.
The new coalition also shifts immigration policy to the right, aiming to cut refugee quotas, raise the bar for work-based visas and make it more difficult for foreigners to obtain citizenship, key priorities for the Finns Party.
Orpo is hardly a bomb-thrower, with previous stints on the boards of the European Investment Bank and the European Stability Mechanism, which are embedded very deep inside the EU’s deep state. Nor will Finland’s new coalition be mistaken for the second coming of Ronald Reagan.
But time and time again we’re told that the EU policies (just like Social Justice policies in the U.S.) are popular, while time and time again EU member states elect government that oppose many of those policies, especially those favoring unlimited Muslim immigration into member countries.
Finally, those who assert that Euroskeptacism goes hand in hand with appeasing Russia will find that they’re mistaken, as Orpo backed Ukraine and Finland joining NATO.
For Finland Russia’s proximity is a key geostrategic fact, and the war in Ukraine indicates how the problems associated with Russia’s aggressive behaviour have materialized. Russia is defining its interests in a way that threatens peace in Europe and creates insecurity in others. During the past decade, there have been uprisings in several of Russia’s neighbors, which the Kremlin has sought to violently suppress. Russia seeks a new sphere of influence and wants to halt the democratic development of other countries. Not NATO, but the people’s will to decide for themselves seems to be a threat to Putin’s regime.
Finland’s new government, like the old, is firmly in the NATO camp. Funny how fighting the Soviet Union/Russia repeatedly throughout the 20th Century will do that…
I have an in-process post titled “League of the Boned” in embryonic form, which was going to be about how each country in the League has been screwed by deficit spending, high interest rates and endemic corruption. But there so much boning to write about, and so many members of the League, that I thought it best to split it up into individual posts.
First up is Turkey, not because it’s the most boned, but the one whose immediate boning is made more acute by recent events, namely Recep Tayyip Erdogan’s reelection.
Recep Tayyip Erdogan’s supporters are celebrating after Turkey’s long-time president won Sunday’s vote, securing another five years in power.
“The entire nation of 85 million won,” he told cheering crowds outside his enormous palace on the edge of Ankara.
But his call for unity sounded hollow as he ridiculed his opponent Kemal Kilicdaroglu – and took aim at a jailed Kurdish leader and the LGBT community.
The opposition leader denounced “the most unfair election in recent years”.
Mr Kilicdaroglu said the president’s political party had mobilised all the means of the state against him and he did not explicitly admit defeat.
International observers said on Monday that, as with the first round on 14 May, media bias and limits to freedom of expression had “created an unlevel playing field, and contributed to an unjustified advantage” for Mr Erdogan.
President Erdogan ended with just over 52% of the vote, based on near-complete unofficial results. Almost half the electorate in this deeply polarised country did not back his authoritarian vision of Turkey.
Ultimately, Mr Kilicdaroglu was no match for the well-drilled Erdogan campaign, even if he took the president to a run-off second round for the first time since the post was made directly elected in 2014.
But he barely dented his rival’s first-round lead, falling more than two million votes behind.
Snip.
The president admitted that tackling inflation was Turkey’s most urgent issue.
The question is whether he is prepared to take the necessary measures to do so. At an annual rate of almost 44%, inflation seeps into everyone’s lives.
The cost of food, rent and other everyday goods has soared, exacerbated by Mr Erdogan’s refusal to observe orthodox economic policy and raise interest rates.
The Turkish lira has hit record lows against the dollar and the central bank has struggled to meet surging demand for foreign currency.
“If they continue with low interest rates, as Erdogan has signalled, the only other option is stricter capital controls,” warns Selva Demiralp, professor of economics at Koc university in Istanbul.
Tiny problem: Strict capital controls tend not to work. By the standards of the Middle East, Turkey is fairly open and fairly modern, and getting around currency controls is one of the use cases that cryptocurrencies are ideal for.
Indeed, the currency problem is so severe that Turkey’s foreign currency reserves just turned negative.
The Turkish central bank’s net forex reserves dropped into negative territory for the first time since 2002, standing at $-151.3 million on May 19, as the bank – following Erdogan’s strict orders – scrambled to counter demand for hard currencies (USD, gold, crypto) ahead of Sunday’s runoff vote.
Forex demand in Turkey surged to record levels ahead of May 14 on companies’ and individuals’ expectations that the lira, which lost 44% in 2021 and 30% in 2022, will plunge after the vote (spoiler alert: those fears have been justified).
As we discussed last week, the central bank’s forex reserves have sagged in recent years due to costly market interventions and other efforts to cool forex demand. The bank’s net reserves dropped by $2.48 billion in the week to May 19, to their lowest level since February 2002. They have dropped $27.7 billion since the end of 2022, and were at negative $3 billion as of May 19. The net forex reserves would be even more negative if outstanding swaps, courtesy of foreign central banks and which stood at $33.50 billion on Wednesday, are deducted (as they should be since the CBRT will have to repay these at some point).
And while the endgame here is clear to all, few are willing to say it out loud for fear of retaliation by the Erdogan regime (no really, he has been known to throw people in jail for recommending a Turkish lira short); yet one bank which decided to double down on Goldman’s dire view of how it all plays out is Morgan Stanley, which in a note last week (available to pro subscribers in the usual place), wrote that the turkish lira plummeting to 28 by the end of the year, is likely in the cards (in our view, that’s a rather optimistic take since the lira is about to become the new Bolivar where soon new zeroes are added daily if not hourly).
This is, I think, a bit of an exaggeration, since Turkey is a much bigger and more important country (and economy) than Venezuela, and while they’ve done several terribly stupid things with their economy, they haven’t gone full socialist starvation scenario on it.
The biggest concern when Erdogan came to party was his Islamist roots, and how he dismantled Turkey’s own peculiar systems of checks and balances, namely that anytime the government would move too far in an Islamist direction, the military would step in, depose the current government, rule for a while, and then step down once things had calmed down again. That doesn’t look very much like classic western democracy, but it served well enough for Turkey, partially insulating it from the wild swings between different despots common in the rest of the Islamic world.
The bad news is that Erdogan demolished those checks and balances in his drive to centralize power in his own hands, purging the military of anyone he thought might possibly oppose him. The good news is that, after all that, he turned out to mostly be a typical Middle Eastern strongman rather than a fervent jihadi. The bad news is that he’s also a complete economic ignoramus, and his stupidity is making Turkey’s economic problems much worse.
Here Patrick Boyle explains just how stupid:
On Erdogan’s idea that low-interest rates can cure inflation: “The official annual inflation rate in Turkey was 43.7% as of April. This is actually down from the 80% inflation rate that Turkey saw the prior year. There is no guarantee that this slowdown will persist. There is in fact widespread suspicion that the official numbers understate an inflation rate that according to independent experts is actually closer to 100%.”
The February earthquakes didn’t help.
“Another term for President Erdoğan would likely imply a continuation of the current policies with a heightened risk of persistent very high inflation and severe currency pressures.”
“The high inflation, along with government largess and efforts to prop up the currency are threatening economic growth and could push the country into a deep recession.”
The Lira is trading near record lows against the dollar.
“Net foreign assets, a proxy for the size of Turkey’s foreign currency holdings, have declined to minus $13 billion dollars from $1.4 billion dollars a year ago, according to central bank data.”
“Those figures include billions of dollars in funds borrowed from the domestic banking system through swaps. Pressure on international reserves has been ‘significant in recent weeks’ as the government made efforts to prop up the economy ahead of Sunday’s elections.”
“Turkey’s foreign currency and gold reserves tumbled $17 billion dollars in the six weeks leading up to the first round of the election according to the FT, a decline of 15 percent.”
“Turkey had a painful experience of high and chronic inflation from 1975 through to 2004 caused by political instability, poor institutions, high public sector budget deficits and depreciation of the Turkish Lira which culminated in a severe financial crisis in 2000-2001.”
“The establishment of an independent central bank in 2001, which focused mainly on fighting inflation along with tight fiscal policies implemented at the same time brought inflation under control.”
“During his election campaign, Erdogan showed no intention of changing his policies, doubling down on his claims that low interest rates would help the economy grow by providing cheap credit to increase Turkish manufacturing and exports. ‘You will see as the interest rates go down, so will inflation’ he told supporters in Istanbul in April.”
With the cost-of-living crisis on many voters’ minds, Erdogan launched a range of expensive policies in the lead up to the election aimed at reducing the immediate impact of inflation on voters. He raised the minimum wage repeatedly, announced a free month of natural gas for consumers, reduced electricity prices increased civil servant salaries and changed government policies to allow millions of Turks to receive early government pensions. Just days before the first round of the election He gave a 45% pay rise to 700,000 Turkish public sector workers, saying he would “not let anyone be crushed by inflation”.
So he combated inflation by guaranteeing there would be more inflation, just like Joe Biden.
Boyle thinks Turkeys problems can be solved by adopting sane economic policies. “For a country in crisis, Turkey’s problems are not that difficult to solve – it is not a total basket case economy like some other emerging markets. The country mostly just needs a sensible interest rate policy and an independent central bank. Turkey has a lot of positives, it has a diversified economy, growth is good, it has good demographics and an educated workforce.”
This is true, but it was also true before Erdogan got into power and screwed things up. Peter Zeihan thinks that Turkey has the right mix of geography and demographics to be a future regional power. But there’s an awful difficult present to get through before that happens…
More on the collapse of Silicon Valley Bank, Syria gets spicy again, woke companies like Disney are having massive layoffs, and Sig Saur gets into the Killbot business. It’s the Friday LinkSwarm!
Courtesy of Bloomberg’s reporting, it appears that not only were insiders dumping their shares faster than syphilitic hooker, there were loading up on loans from the bank at a scale that makes a mockery of any regulatory oversight…
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Yes, that’s real.
Loans to officers, directors and principal shareholders, and their related interests, more than tripled from the third quarter last year to $219 million in the final three months of 2022 – a record dollar amount of loans going back over 20 years.
Many questions come to mind – what were the terms, who were the recipients, what was the collateral?
But, sadly, we will likely never know.
However, we do note that the banking execs may be facing a serious shortfall (like their bank): if the loans were collateralized by SVB shares for example, those shares are now worthless, leaving the loan-heavy C-suite left to come up with the cash to repay the loans (and no, these loans don’t disappear with the bank’s liquidation).
Between that and the insider share dumping, people need to go to jail.
After the implosion of the FTX crypto exchange run by Sam Bankman Fried, questions of due diligence and competency immediately arose, suggesting that perhaps the company mishandled assets “accidentally” and that Fried was naive and “in over his head.” Numerous central bank officials and globalist organizations jumped into the debate almost immediately, arguing that FTX was a perfect example of why centralized regulation of crypto and digital currencies was necessary. They claimed that without oversight by banking elites, disaster was inevitable.
Of course, what they did not mention was that FTX and Sam Fried already had extensive connections with globalist groups including the World Economic Forum. In fact, the very basis of Fried’s business model was the WEF’s “Stakeholder Capitalism” theory, which he often referred to as “Effective Altruism.”
Stakeholder Capitalism is essentially the opposite of free markets – It is a socialist/globalist framework which uses corporations as a kind of economic enforcement tool. Corporations are already highly socialistic in their operations, and their existence is completely dependent on their special relationship with government. Corporations are created through government charter, enjoy special protections under “corporate personhood” laws and avoid direct consequences for criminal activities through limited liability.
Many corporations are not even allowed to fail because governments backstop their operations. That’s socialism, not free markets. However, “stakeholder capitalism” expands on this dynamic a hundred-fold.
Where free markets assert that businesses must make profit their primary objective for the overall economy to function, the WEF asserts that companies including banking institutions have a social obligation that goes beyond making money. To the typical leftist this probably sounds like a Utopian vision filled with promise, but to anyone that actually understands economics it sounds like a recipe for the collapse of civilization.
The WEF paints stakeholder capitalism an effort to reign in the power of the corporate system in favor of social causes. In reality, it’s a way to give corporations ultimate power over everything, including ultimate influence over public behavior.
We have seen extensive evidence of this through widespread corporate ESG investment programs implemented in the past several years. It is no coincidence that the invasion of woke ideology into the mainstream happened at the exact same time that ESG-based lending accelerated.
The institutions lending to various companies were able to set social rules for access to credit, and these rules required businesses to adopt far-left politics in their marketing and policies as a result. Stakeholder capitalism is about homogenizing all business into a single ideological entity – Instead of competing with each other for market share through innovation, companies have been abandoning merit based competition and are colluding to saturate the mainstream with social justice cultism, climate change propaganda and globalist rhetoric.
By making corporate elites “responsible” for society, we give them the power to engineer society.
However, the WEF’s model of false altruism is turning out to be a disaster for corporate survival. I have to wonder now if this was the intent all along – To create a kind of ESG fueled woke financial bubble that was always intended to come crashing down, leaving the western world in ruins.
Snip.
Looking into SVB’s operational history, the company was a woke nightmare.
Take a gander at their 66 page ESG report compiled in 2021 to get a sense of how far to the extreme political left the bank was. SVB is the pinnacle example of why “Get Woke, Go Broke” is more than a mantra, it’s a rule.
Digging even deeper we then find that SVB’s leadership was highly involved in the WEF and their Stakeholder Capitalism Metrics (SCM), along with corporate governance. SVB was not only implementing every single policy the WEF outlines in its agenda, they were reporting back to the WEF on their progress.
SVB’s capital exposure was heavily tied up in securities, but also venture capital for woke tech startups, climate change related projects and leftist activist groups which qualified for ESG loans; everything from BLM to Buzzfeed. In other words, they were investing aggressively into money-pit projects that devoured cash and gave nothing back. The real question is, how many US banks are involved in ESG and WEF operations at the same level as SVB? Dozens? Hundreds?
“U.S. Carries Out Airstrikes in Syria after Iranian Drone Kills U.S. Contractor, Wounds Five Service Members.” As I’ve mentioned before the withdrawal of most U.S. troops from Iraq and Syria doesn’t mean all. And the same goes for Africa.
“56% of liberal white women age 18-29 have been diagnosed with a mental health condition.” Well, you already said “liberal”…
Louisiana state Rep. Francis Thompson switched from the Democratic to the Republican Party, given Republicans a super-majority in both houses and thus the ability to override any veto by Democratic Governor John Bel Edwards. ““The push the past several years by Democratic leadership on both the national and state level to support certain issues does not align with those values and principles that are a part of my Christian life,” said Thompson.
World Athletics, the governing body for international track and field competition, has banned men from international competition. “I’ll take ‘Headlines no one in the 20th century would understand’ for $600, Alex.”
“Dallas Bar Cancels All-ages Drag Event.” Funny how the threat of having your TABC license yanked concentrates the mind…
Get Woke, Go Broke Part 1: After a string of expensive bombs and streaming losses, Disney to lay off 7,000 employees.
Get Woke, Go Broke 1.5: “Woke Marvel Producer Victoria Alonso Gone From MCU.” She was one of the central figures pushing Disney to adopt a pro-groomer position in Florida. The ostensible reason for her firing was breach of contract for producing a non-Marvel movie, but a lot of industry insiders think her outspoken wokeness was a key reason for her getting the axe.
Get Woke, Go Broke Part 2: “Twitch Streaming Service To Sack 36% Of Employees.”
SIG Sauer announced late last week it has acquired General Robotics, one of the world’s premier manufacturers of lightweight remote weapon stations and tactical robotics for manned and unmanned platforms as well as anti-drone applications. The companies have been working in concert for some time, a fact made obvious at January’s SHOT Show when they debuted a Polaris ATV equipped with a General Robotics PitBull remote weapons station that aimed and fired the vehicle-mounted SIG MG 338 belt-fed machine gun remotely.
“This acquisition will greatly enhance SIG Sauer’s growing portfolio of advanced weapon systems,” said Ron Cohen, president and CEO of SIG Sauer. The team at General Robotics is leading the way in the development of intuitive, lightweight remote weapon stations with their battle-proven solution.”
This is from a few months ago, and acting as your own attorney is usually a bad idea 99 times out of 100. But this video of Florida Open Carry advocate Don Andre calming and patiently dismantling the police officer who violated his rights by arresting him without proper cause in the course of taking his deposition is a thing of beauty.
Again, it is generally best to leave such activities to the legal professionals. But if you are going to represent yourself, make sure that you’re as calm, and know the relevant law as thoroughly, as Mr. Andre
“Biden’s job growth is mostly immigrants working for low wages.” Also this: “The Department of Homeland Security has been issuing an unknown number of two-year work permits to illegal immigrants, which will keep them in the workforce suppressing wages and fanning the flames of discontent amongst Americans unable to find jobs until the next presidential election.” What the hell?
“Disinformation Inc: State Department bankrolls group secretly blacklisting conservative media.”
The Department of State has funded a deep-pocketed “disinformation” tracking group that is secretly blacklisting and trying to defund conservative media, likely costing the news organizations vital advertising dollars, the Washington Examiner can confirm.
The Global Disinformation Index, a British organization with two affiliated U.S. nonprofit groups, is feeding blacklists to ad companies with the intent of defunding and shutting down websites peddling alleged “disinformation,” the Washington Examiner reported . This same “disinformation” group has received $330,000 from two State Department-backed entities linked to the highest levels of government, raising concerns from First Amendment lawyers and members of Congress.
“Any outfit like that engaged in censorship shouldn’t have any contact with the government because they’re tainted by association with a group that is doing something fundamentally against American values,” Jeffrey Clark, ex-acting head of the Justice Department’s Civil Division, told the Washington Examiner. “The government or any private entity shouldn’t be involved with this entity that’s engaged in conduct that is either legally questionable or at least morally questionable.”
GDI compiles a “dynamic exclusion list” that it feeds to corporate entities, such as the Microsoft -owned advertising company Xandr, emails show. Xandr and other companies are, in turn, declining to place ads on websites that GDI flags as peddling disinformation.
The Washington Examiner revealed on Thursday that it is on this exclusion list. The list includes at least 2,000 websites and has “had a significant impact on the advertising revenue that has gone to those sites,” said GDI’s CEO Clare Melford on a March 2022 podcast.
GDI has identified that the 10 “riskiest” news outlets for disinformation are the American Spectator, Newsmax, the Federalist, the American Conservative, One America News, the Blaze, the Daily Wire, RealClearPolitics, Reason, and the New York Post.
Another huge story that the news media has done it’s best to ignore: a toxic derailment in East Palestine, Ohio. The blew it up to prevent a BLEVE and ended up releasing Phosgene gas. That’s carrying your World War I reenactment too far.
90-year California Democratic Senator old Dianne Feinstein to retire after 2024. But…
A few hour later she was evidently unaware she had retired. Increasingly, “crazy” or “senile” seem to be the two most common flavors of the Democratic Party…
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