COMING UP SHORT THIS MONTH.
Thought for the day
"The first panacea of a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permeant ruin. But both are the refuge of political and economic opportunists." -- Ernest Hemingway
A group of men from Mexico who tried to trek through rough Texas mountains with bundles of drugs are facing lengthy prison sentences after receiving a conviction on federal drug trafficking charges.
A federal court jury in Pecos, Texas, convicted 26-year-old Jose Manuel Ayala for drug smuggling. He is the last of a group of seven defendants caught by federal authorities trying to carry ten bundles of marijuana from Mexico into Texas, information from the U.S. Attorney’s Office revealed. The official charges are one count of importation of marijuana and one count of possession with intent to distribute. Court documents do not identify the drug cartel that the men were working for. However, the area is commonly used by the Sinaloa Cartel or the Juarez Cartel.
Ayala was the only member of a smuggling group that tried to fight the charges in court. He but ultimately lost. The group consisted of nine males and included two underage teens who were not federally charged. The other six defendants previously pleaded guilty to the charges and are expected to be sentenced in November. A date for Ayala’s sentencing hearing has not been set. He faces a prison sentence of up to 40 years for each of the two charges.
Russia attacked the Ukrainian president’s hometown with suicide drones on Sunday, and Ukraine pushed ahead with its counteroffensive after taking back control of a strategic eastern city.
Russia’s loss of Lyman, which it had been using as a transport and logistics hub, is a new blow to the Kremlin as it seeks to escalate the war by illegally annexing four regions of Ukraine.
“The Ukrainian flag is already in Lyman,” Ukrainian President Volodymyr Zelensky said in his nightly address. “Over the past week, there have been more Ukrainian flags in the Donbas. In a week there will be even more.”
In southern Ukraine, Zelensky’s hometown Krivyi Rih came under Russian attack by a suicide drone that struck a school early Sunday and destroyed two stories of it, said Valentyn Reznichenko, the governor of Ukraine’s Dnipropetrovsk region.
A fire sparked by the drone attack has been put out, he said.
MEP Nathalie Loiseau of France is lobbying for individual sanctions on all observers of the Russian-organized referendums in the Donbass region. She has singled out journalist Vanessa Beeley not only for her coverage of the vote, but for her reporting on the foreign-back war against Syria’s government.
A French Member of European Parliament (MEP), Natalie Loiseau, has delivered a letter to EU High Representative of Foreign Affairs, Joseph Borrell, demanding the European Union place personal sanctions on all international observers of the recent votes in the Donetsk and Lugansk People’s Republics and certain Russian-controlled territories in eastern Ukraine.
Obtained by The Grayzone from an EU source, the letter is currently being circulated among European parliamentarians in hopes of securing a docket of supportive signatures.
Leftist American President Joe Biden, skipping the funeral of longtime Japanese Prime Minister Abe Shinzo, signaled to Japan that “he’s more worried about the midterms than the threat of China and Russia,” Japanese conservative journalist and commentator Yoko Ishii told Breitbart News in an exchange on Friday.
Abe, one of the most influential conservative politicians in modern Japanese history and Japan’s longest-serving prime minister, was killed in a shocking public assassination during a campaign stop in July to support candidates belonging to his Liberal Democratic Party (LDP). He had stepped down from the prime ministership due to health issues in 2020, leaving a formidable leadership void that the LDP is still struggling to fill under current Prime Minister Kishida Fumio.
Much of Abe’s tenure at the helm of the government was spent building bridges with the government of America and bringing Japan closer into Washington’s sphere of influence — much to the chagrin of the Chinese communist regime, which allowed citizens to openly celebrate his murder. Abe spent his last days prominently urging the world to defend the nation of Taiwan in the face of increasingly violent threats from communist China, which falsely claims Taiwan as a “province” under the Communist Party. Abe equated China’s threats toward Taiwan to the ongoing Russian invasion of Ukraine and proclaimed in one of his final columns, “the time has come for the U.S. to make clear that it will defend Taiwan against any attempted Chinese invasion.”
During a discussion with actress Priyanka Chopra Jonas at a DNC Women’s Leadership Forum, Vice President Kamala Harris emphatically told the audience that “assault weapons” were “designed to kill a lot of human beings quickly.”
Video of the discussion was published by Now This News.
About eleven and a half minutes into the discussion, Harris reiterated that she and President Joe Biden want to reinstitute an “assault weapons” ban. She then began talking about the importance of “design purpose.”
She said, “Just to break it down … why are we looking at a particular ‘assault weapons’ ban and carving that out? Let’s just always think about almost everything that can be used has a design purpose.”
Harris continued, “What is the design purpose of an ‘assault weapon’?”
She answered her own question by saying the “design purpose” is “to kill — a lot — of human beings — quickly.”
Webmaster addition: Just like abortion on demand!
Israeli forces have shot dead two Palestinian men during a raid near the town of Ramallah in the central occupied West Bank.
The two men were killed while in a car just outside the Jalazone refugee camp north of Ramallah.
The Palestinian official news agency, Wafa, identified them as 18-year-old Bassel Qassem Basbous and 21-year-old Khaled Fadi Anbar.
A third, Raafat Habash, 19, was also with them in the car and was was wounded in the shooting.
The bodies of the two men were taken by the Israeli army after they were killed, while Habash was arrested.
After several months of Russian “special operations” in Ukraine, it might be worth asking whether the U.S.-Russia proxy war is headed toward regime-change in Moscow, or at least efforts at regime change. For Washington, after Serbia, Iraq, Libya, Ukraine, and all the others, Russia must surely represent the ultimate, perhaps final, such operation. In fact, since the very first days of the Bolshevik Revolution precisely one century ago, American ruling elites have savored the idea of turning the great Russian expanse into a vassal state allowing exploitation of its unparalleled natural resources.
Joe Biden, or those running his White House, is no doubt poised to take matters to more dangerous levels, seemingly indifferent to any prospects of nuclear catastrophe. After sending tens of billions of dollars worth of high-tech weapons to the Kiev regime, Biden, during his visit to Poland, would say: “For God’s sake, this man [Vladimir Putin] cannot remain in power.”
There can be little ambiguity: for years the U.S. goal has been to weaken, isolate, and eventually destroy the Putin government. What Stalin and his successors desperately feared for decades – Western capitalist encirclement and strangulation – seems finally (and menacingly) to have arrived.
Every psychopath is well practiced at lying; anyone who tolerates that person’s lying is not only encouraging psychopathy but is, oneself, psychopathically unconcerned about the public’s welfare, because any such encouragement will, itself, facilitate the further spreading of lies and deception of the public.
This is how psychopathy, which is a merely personal disease, becomes spread and pandemic, thereby producing a dysfunctional society, widespread deception. It happens not only due to the presence of psychopaths, but also due to their passive assisters, who fail to call-out the lie and the liar and to expose them publicly so as to assist in penalizing them, instead of to assist the lies and liars, for those to spread and thrive.
Being a member of a society is to have both rights and obligations within it. Silence in the face of lies that one knows are false is a failure of such an obligation: an obligation to avoid willingly spreading a social disease — the disease of spreading those lies and that falsehood, to a rampantly and ever-increasingly contaminated public.
If Europe is laboring under the mistaken belief that they can trust Joe Biden and his clown car of advisors to act in their best interest, think again. The sabotage of the Nordstream natural gas pipeline will directly benefit the United States, more so than any other country, and leave Europe literally in the cold.
Secretary of State Blinken tried to put lipstick on this pig:
With winter approaching, Blinken said that the US wants the bloc to use less fuel.
Washington has for years been trying to convince EU leaders to swap Russian gas for its LNG. . . .
Speaking to reporters in Washington, Blinken boasted that the US is now “the leading supplier of [liquefied natural gas] to Europe.” In addition to shipping its own fuel to Europe, Blinken said that the US is working with European leaders to find ways to “decrease demand” and “speed up the transition to renewables.”
A newly released documentary that has been praised as “brilliant” and “outstanding,” chronicles the shocking story of how COVID shots were pushed in the United Kingdom using government propaganda and misleading data from Big Pharma.
While the film, aptly titled, “Safe and Effective: A Second Opinion,” is primarily focused on the U.K., one of its most powerful sub-narratives is relevant worldwide: How pharmaceutical manufacturers sidestepped safety hurdles and misled the public regarding the effectiveness and potential harms of the COVID jabs.
German media reported on 29 September that Berlin has approved a number of new weapons export deals with Saudi Arabia, in defiance of a 2018 ban over Riyadh’s brutal war in Yemen. In a letter to the Bundestag, the country’s Economy Minister, Robert Habeck, said that the deals were approved by German Chancellor Olaf Scholz just before his recent visit to Saudi Arabia.
The German export licenses fall under a joint export program with Spain, Italy, and the UK, Habeck’s letter specifies, and will allow Riyadh to buy equipment and ammunition for Eurofighter and Tornado warplanes amounting to around $35 million.
Since Fed Chair Powell unleashed his short-and-sweet uber-hawkish comments in late August at Jackson Hole, market expectations for The Fed's terminal rate (cycle high before pause or cuts resume) has surged hawkishly (adding 100bps of hikes).
However, as the chart below shows, the last week - as UK chaos erupted and spread to US equity and bond markets - there has been s dovish shift in market expectations for just how hawkish The Fed will be able to get before everything goes pear-shaped...
One week ago, when the BOJ stunned the world in becoming the first central bank to step in and prevent currency collapse (just days before the BOE become the second one) through a massive open-market intervention - the first of its kind in 24 years - we asked "How many tens of billions $ did the BOJ just sell"
On Friday we learned the answer: according to Reuters, Japan's government spent up to 2.8 trillion yen ($19.7 billion) intervening in the foreign exchange market last week to prop up the yen, Ministry of Finance data showed on Friday, draining nearly 15% of funds it has readily available for intervention.
The figure was just slightly less than the 3.6 trillion yen estimated by a small number of Tokyo money market brokers for Japan's first dollar-selling, yen-buying intervention in 24 years to halt the currency's historic collapse (which we predicted would happen back in March in "Yen At Risk Of "Explosive" Downward Spiral With Kuroda Trapped... And Why China May Soon Devalue").
By this point, it should be getting fairly clear that Covid-19 more likely than not came from the Wuhan Institute of Virology. For those yet to be red pilled, here’s one Harvard PhD’s take on the evidence.
“This evidence is not dispositive, but were the lab leak hypothesis incorrect, it would represent a staggering set of coincidences,” Justin B. Kinney, an Associate Professor at Cold Spring Harbor Laboratory and Princeton PhD wrote about the evidence.
And we all know Peter Daszak at this point. He is the head of the taxpayer funded EcoHealth Alliance, which “funnelled hundreds of thousands of dollars to the Wuhan Institute of Virology”. Daszak has worked closely with “bat woman” Shi Zhengli in modifying and researching coronaviruses.
Then, after the Covid pandemic reached its “oh shit”-style escape velocity, forcing the relatively worthless World Health Organization to declare it a pandemic, he took to the pages of The Guardian to remind us that anybody questioning the origins of the virus just because there happened to be a Virology Lab miles away working on bat coronaviruses - that he was tied to - was a conspiracy theorist.
On March 16, 2020, following a long weekend of negotiations and deals about the coronavirus, Donald Trump, Deborah Birx, and Anthony Fauci spoke at a White House press conference for the first time about nationwide lockdowns.
They handed out a sheet of paper – it mostly consisted of conventional health advice – that said in tiny print: “bars, restaurants, food courts, gyms, and other indoor and outdoor venues where groups of people congregate should be closed.”
Shut it all down. Everything. Everyone. As if the whole economy were a nightclub closing early.
This amounted to a full repudiation of not only the Constitution but also freedom itself. At the very least, it was a fundamental attack on the First Amendment guarantees of the freedom of religion because it attacked the rights of Christians, Jews, Muslims, and everyone.
All evidence suggests that Trump did not know that the tiny text was in there.
The reading of the text was left to the question and answer session.
Even when it was read by Fauci from the podium, Trump seemed distracted by something else, almost as if he did not hear or did not want to hear it. Later he bragged that the whole thing was his doing, but looking back at the history of that day, it is not so clear.
Let’s take this apart frame by frame to understand what happened in these 70 seconds as part of the Q&A session. A reporter starts by asking whether the federal government is telling people to “avoid restaurants and bars” or if the government is saying that “bars and restaurants should shut down over the next 15 days.”
Both Fauci and Birx knew for sure that the guidelines were calling for them to shut down.
A New York hospital pulled a 30-second ad about myocarditis in children after Children’s Health Defense (CHD) and numerous doctors accused the hospital of normalizing and trivializing the condition.
New York-Presbyterian Hospital in early September published the 30-second ad, which promoted the medical center’s pediatric services for treating the condition.
The hospital pulled the ad amid public outcry following three CHD.TV episodes featuring discussions about how the ad appeared to normalize and trivialize myocarditis in children. CHD.TV is produced by Children’s Health Defense.
The ad, “Pediatric Patient Story,” featured a young girl named Suri and transitioned between live-action footage and animation.
“I’ve been into fashion since I can remember,” Suri said in the ad. “But one day, I had a stomachache so bad I didn’t want to do anything.”
Now that the Nord Stream pipeline might have been sabotaged by Washington, as promised by US President Joe Biden on January 7, and is possibly gone forever (according to German authorities), it is time to consider the possible impacts.
The energy crisis in the EU has always been pushed by American interests. Moreover, the US has been engaging in economic warfare and even weaponizing the dollar for too long, but it has been clear for months now that its current economic and financial war against Russia has backfired – and once again, mostly upon Europe. Such economic wars in fact may dangerously spiral out of control, and are considered to be one of the causes of the 1929 crisis in the post-Versailles world.
Philip Pilkington, an Irish economist who works in investment finance, famous for his contributions on the empirical estimate of general equilibrium and other fields, has made quite interesting observations about the possible deindustrialization of Europe as a consequence of economic warfare. He remarks on how in the post-pandemic world debts in the West have been accumulating and, on top of that, the current conflict in Ukraine has brought extra energy costs.
After the conflict ends – or becomes a “frozen conflict” – or after good diplomacy is reestablished, Russia could start to once again supply gas to Europe as usual – this is how many analysts reasoned. However, now that the pipelines are gone, the price of energy in the continent is to remain tremendously high for years to come. With permanent high energy prices making manufacturing not economically viable anymore (thus decreasing European purchasing power), one should expect to see the bloc shutting out exports to revive an uncompetitive industry while increasing energy investments. These are Pilkington’s main points and it might be worth delving into them.
The Belgorod has disappeared from its home base in the Arctic Circle and may be on its way to the Kara Sea to test the Poseidon nuke, a NATO warning note leaked to Italian media over the weekend has suggested.
Poseidon is a drone that is said to be capable of travelling huge distances underwater before detonating with enough force to trigger a 1,600ft nuclear tsunami designed to drown and irradiate coastal cities.
It has lain within a burial chamber, undisturbed, for thousands of years. Now a remarkable Egyptian sarcophagus has emerged from deep beneath the sands near Cairo, to the excitement of archaeologists, who describe it as a hugely significant “dream discovery”.
The giant granite sarcophagus is covered in inscriptions dedicated to Ptah-em-wia, who headed the treasury of King Ramses II, Egypt’s mightiest pharaoh.
Ola El Aguizy, emeritus professor of the faculty of archaeology at Cairo University, discovered it in Saqqara, an ancient necropolis about 20 miles south of Cairo. Last year, El Aguizy, who heads the archaeological mission at the site, uncovered Ptah-em-wia’s surface-level tomb. Now she has found his underground burial chamber with the sarcophagus, which could reveal more about those who ruled Egypt after Tutankhamun.
Bros writer and actor Billy Eichner took to Twitter on Sunday to reflect on the disappointing performance of his gay romcom at the box office following its opening weekend.
The 44-year-old actor-comedian issued a series of tweets about the film, which is the first LGBTQ romantic comedy given a large release by a major studio.
Despite a $22million production budget and rave reviews, the film took in just $4.8million and landed fourth place at the US box office.
Webmaster addition: Get woke, go broke.
A few years from now, in addition to deciding your next vehicle’s make and model, you may have another tough choice: the Google model or the Apple one? Other options may include “car maker generic" and even, I’m spitballing the name here: Amazon Prime Edition.
Now that cars, especially electric ones, are becoming something like smartphones on wheels, some of the dynamics that played out in the early days of the mobile industry are playing out in the auto industry. Competition between the two kingpins of the smartphone industry has in the past couple of years gained new momentum, with Google racking up auto-maker partnerships for the automobile-based version of its Android operating system, and Apple teasing plans to expand its software capabilities in the car.
For the car companies involved, which face the nearly impossible challenge of producing software on par with what tech companies offer, working with Silicon Valley can address consumer desires while also staving off competition from companies like Tesla. And yet there is an inherent tension in these partnerships over who controls the user experience and the valuable data produced.
US health officials have given a hugely controversial research organization another $650,000 (£580k) grant to experiment on Covid-like viruses – despite fears similar risky work may have actually sparked the pandemic.
EcoHealth Alliance, run by British zoologist Peter Daszak, funded studies in Wuhan – the Chinese city where the pandemic began – on manipulated coronaviruses.
Such research, known as 'gain of function', can see viruses deliberately engineered to become more dangerous to humans.
Israel is holding nearly 800 Palestinians without trial or charge, the highest number since 2008, an Israeli rights group said Sunday.
The group, HaMoked, which regularly gathers figures from Israeli prison authorities, said that 798 Palestinians are currently being held in so-called administrative detention, a practice where the prisoners can be held for months, do not know the charges against them and are not granted access to the evidence against them.
The group said the number of those held in administrative detention has risen steadily this year, as Israel conducts nightly arrest raids in the occupied West Bank in response to a spate of attacks against Israelis earlier this year.
September that Israeli troops and extremist settlers have stormed and attacked 15 mosques since the start of the year.
The minister highlighted that these provocative actions come as a direct result of Tel Aviv’s policy which allows settlers to carry out violent and destructive acts with impunity, stressing that such behavior could trigger a religious war.
Last year alone, the Palestinian Authority (PA) recorded more than ten attacks on different mosques across the West Bank, as well as the damaging of several others in the Gaza Strip as a result of Israeli aerial bombardment.
The most commonly attacked religious site in the West Bank is Al-Aqsa Mosque, located in the occupied holy city of Jerusalem. The mosque’s compound is stormed on almost a daily basis by extremist settlers, who regularly carry out these raids under heavy protection from Israeli police.
Jewish settlers perform religious Jewish rituals at Al-Aqsa Mosque under heavy army security. (Photo: PIC)
Dozens of Jewish settlers, escorted by Israeli occupation forces, broke into the Al-Aqsa Mosque compound in occupied Jerusalem on Sunday and performed rituals across the courtyards of the Mosque, the official Palestinian news agency WAFA reported.
The Jordan-run Islamic Waqf Department, in charge of the holy site, said scores of Jewish settlers entered the compound through the Moroccan Gate in successive groups and performed rituals and Talmudic prayers there.
Proving that there's no disinformation that MSNBC won't stoop to, Joy Reid recently compared Ron DeSantis' warnings to looters after the damage caused by Hurricane Ian with "segregationist" rhetoric, posting the vitriol on Twitter after she was angered by the fact that DeSantis presented Florida as a "2nd Amendment state."
On Saturday, the host of MSNBC’s "The ReidOut" tweeted that DeSantis telling people not to loot and warning they might be shot by gun-carrying Floridians had the same tone as "segregationist Miami sheriff Walter E. Headley" infamously saying, "When the looting starts, the shooting starts" in the ’60s.
Ironically, such comments often reveal the racism inherent among leftist journalists as they insinuate that looters cannot be white, only minorities.
Otherwise, how can Reid make a segregationist accusation against DeSantis?
The Florida Governor is quoted as saying:
"The other thing that we’re concerned about, particularly in those areas that were really hard hit, is, you know, we want to make sure we’re maintaining law and order....Don’t even think about looting. Don’t even think about taking advantage of people in this vulnerable situation."
"I can tell you in the state of Florida, you never know what may be lurking behind somebody’s home. And I would not want to chance that if I were you, given that we’re a Second Amendment state."
The reality is that looters come in all shapes, sizes and colors and 2nd Amendment defense applies to ALL of them, including the white looters.
Reid's insanity continued as she attempted to link Hurricane Ian to global warming, even though there is zero evidence to back the claim. The EPA's own cyclone record indicates that there is nothing especially unique about current hurricane trends when compared to the past several decades.
New York City signaled plenty of virtue over its "sanctuary city" status, though it has been overwhelmed with thousands of illegal immigrants being bused in from Texas, and the costs are skyrocketing. In another interesting development, NYPost reported Mayor Eric Adams is securing a deal with the Norwegian Cruise Line to house the migrants on a luxury cruise ship.
Sources tell NYPost Adams is finalizing a deal with Norwegian to rent a massive cruise liner for six months to house and process migrants before entering the city's overwhelmed shelter system.
The vessel would be docked at Staten Island's Homeport. Migrants would be allowed to come and go as they please while staying on the ship.
Sources explained the cruise ship rental would be much cheaper than building out another tent city in the metro area. The one in the Bronx, at the Orchard Beach parking, is slated to open soon and will cost $15 million per month to operate.
“What will it take for the Fed to pause?” I asked, early morning, screens aglow, the smell of impending policy-maker panic drifting across our trading floor like freshly brewed coffee. We were discussing relentless dollar strength, what it means, where it leads. “It’s harder to answer in this cycle, because I don’t really think that dollar strength is specifically because of the Fed, at least not completely,” said Lindsay Politi, our inflation-strategies portfolio-manager, brilliant. “It’s the logical consequence of the QE bubble bursting. Fed tightening is part of it, sure, but it’s not like when the Fed pauses all the root cause of the problems will go away.”
“One thing I’ve learned about market collapses is that what gets you into them won’t get you out of them, and the people who rode the wave on the way up will not be the ones stepping in to buy the bottom,” continued Lindsay. “That’s why, this time, I wouldn’t be looking to central banks to save us,” she said. “Some of this is also because, in a high debt, inflationary world, the US is just a better credit. In this crisis, markets are going to go after sovereign credits. And remember, pricing default risk is about combining default probability and recovery rate.”
Ironically, the push toward carbon-rationing and CBDCs is based on the same insight by sound money advocates: Fiat is worthless.
Let me tell you a parable about value. It’s about how the “thing” that everybody assumes has value can change over time, and by the time it changes, people have completely lost touch with the original measure of value.
In the early 00’s, easyDNS was getting ready to move our servers out of our physical office and into an actual data colocation center in downtown Toronto.
When we got our first cabinet, we were billed in terms of how much rackspace we were using, and what our bandwidth consumption was. In those days, the servers were trying to pack themselves into smaller enclosures and compress the data payloads to reduce bandwidth. There were 2U boxes, the bleeding edge stuff coming out was 1U, and if you were a dinosaur from late-90’s, you might have some legacy 4U servers, which were costing you a fortune to rack.
What was missing from that equation?