Thought for the day
"No one can terrorize a whole nation, unless we are all his accomplices." -- Edward R. Murrow, broadcast journalist
House Speaker Nancy Pelosi (D., Calif.) has seen her net worth increase by $140 million since the 2008 financial crisis thanks in no small part to her husband’s fortuitous trades in companies she has worked to subsidize. Now, she's trying to pull up the ladder behind her: In what may be her final months as a member of Congress, she’s backing a proposal that would prohibit her colleagues from buying or selling individual stocks.
Pelosi scoffed at the idea of banning lawmakers from trading individual stocks as recently as December, saying that she and her colleagues should be able to fully participate in the free market economy. After rejecting similar proposals, Pelosi is throwing her weight behind legislation that would ban stock trading among members of Congress and other senior government officials. House Democratic leaders introduced the Combating Financial Conflicts of Interest in Government Act last Tuesday but failed to bring the measure to a vote before adjourning for the midterm elections.
It’s getting harder and harder to buy and sell Treasuries in large quantities without those trades moving the market. Market depth, as the measure is known, last Thursday hit the worst level since the throes of the Covid-19 crisis in the spring of 2020, when the Federal Reserve was forced into massive intervention.
With rising risks of a global recession, escalating geopolitical tensions and the potential for further defaults by developing nations -- not to mention ructions in a developed economy such as the UK -- investors may not be able to rely on Treasuries as the reliable haven they once were.
“We have seen an appreciable and troubling deterioration in Treasury market liquidity,” said Krishna Guha, head of central bank strategy at Evercore ISI. Regulators “really haven’t delivered yet any substantial reforms,” he said. “What we are seeing at the moment is a reminder that the work is really important.”
A University of Arizona (UA) hydrology professor was shot and killed on campus Wednesday afternoon, leading to an hours-long search for the suspected shooter, a statement from the school confirmed.
Request is widely seen as symbolic, as moving nuclear warheads closer to Russia would make them less militarily useful
Andrzej Duda, the Polish president, in September. He said there was ‘a potential opportunity’ for Poland to take part in ‘nuclear sharing’. Photograph: Waldemar Deska/EPA
Julian Borger in Washington
Wed 5 Oct 2022 17.46 EDT
Poland says it has asked to have US nuclear weapons based on its territory, amid growing fears that Vladimir Putin could resort to using nuclear arms in Ukraine to stave off a rout of his invading army.
The request from the Polish president, Andrzej Duda, is widely seen as symbolic, as moving nuclear warheads closer to Russia would make them more vulnerable and less militarily useful, according to experts. Furthermore, the White House has said it had not received such a request.
Joe Biden does not want the US to produce more oil and gas. That would make too much sense. No, Joe Biden wants hostile regimes to provide the US with the oil we need here at home.
The Biden regime is buying up $290 million in anti-radiation drugs for use in "nuclear emergencies" amid escalating tensions with Russia and heightened threats of a nuclear war.
DC Deputy Mayor Chris Geldart was charged with assault and battery after getting into a fight in the parking lot of Gold’s Gym in Arlington on Saturday.
The candid moment came as Biden exchanged words with Fort Myers Beach Mayor Ray Murphy, who had just thanked the president for coming to the state.
The two men were shaking hands, and Biden began to say something that was not quite clear in the audio. Several Twitter sleuths suggested he said, "No one f***s with a Biden," although the last word in particular was muffled.
Chris Cuomo was fired by CNN earlier this year and now he has launched a new show on the NewsNation network.
Another illegal immigrant was crying “uncontrollably” into the phone with his wife, saying “My love, we were tricked. This woman lied to us. She lied.”
I was really hoping for Honolulu. Plus, The Black Dog was out of avocado toast. THEY LIED!!!
With a stroke of a pen, DeSantis eliminated all of that without any roadmap for what would come next. The two state officials had not had time to come up with a plan, so they had nothing of their own to present. But one was already starting to take shape that would allow Disney to sustain its operations in Orlando while also cementing a political win for the governor.
The plan – as it has since come into focus – involves adding state appointees to sit alongside Disney’s representatives on the district’s governing board. The district will be recreated, with a few cosmetic changes, allowing it to function essentially unchanged.
Disney will soon have a decision to make: Can it live with that? Or does it want to fight? If it does fight, it will have to assess whether it is still powerful enough in Florida to win.
Chicago rapper-turned designer Kanye West (AKA Yeezy) is no stranger to stirring up controversy in the Regime Media. At Paris Fashion Week, West held a runway show to debut the newest looks from his Yeezy collection, and his own outfit immediately sparked a scandal.
West was pictured donning a black long-sleeved shirt with “White Lives Matter,” emblazoned across the back in large, white lettering. Daily Wire contributor Candace Owens was in attendance, and was pictured with West in matching shirts.
The US fossil fuel industry had harsh words for President Joe Biden after OPEC announced dramatic production cuts, saying that the administration now has no choice but to encourage more domestic output.
'The White House has one option left and it is the one option they should have never turned away from in the first place - the US-based oil and gas industry,' tweeted the US Oil and Gas Association on Wednesday.
'Life comes at you pretty fast....' the trade group added in a mocking jibe, following OPEC's announcement that it will slash oil production by about 2 million barrels per day, constraining supply at a time when gas prices are already painfully high.
In order to qualify for a monkeypox vaccine injection in San Francisco, one must not be heterosexual or have white skin, according to the San Francisco Department of Public Health (SFDPH).
An official government flier spotted in the city’s South of Market neighborhood explains that participants in the monkeypox jabbing program must “belong to one of the following priority populations: Black, Indigenous, people of color, gay, bisexual, transgender, or a current sex worker of any gender and orientation.”
The SFDPH also tweeted an image of the flier – see below – that clearly markets monkeypox shots to San Francisco’s fetish-driven population, referencing a “Leather & LGBTQ Pop-Up” event (whatever that is).
A startling report published earlier this week by Politico admitted what a growing number of Westerners and especially Americans have suspected for quite some time: The world literally is being run by Microsoft founder Bill Gates.
According to Dr. Joseph Mercola, the story essentially noted these main points:
— The Sept. 14 Politico special report was based on interviews with four dozen U.S. and European officials as well as global health officials who admitted that the global COVID-19 response is being run by a computer nerd who made his fortune building substandard computer platforms;
— A quad of health organizations — The Bill & Melinda Gates Foundation, GAVI, the Coalition for Epidemic Preparedness Innovations (CEPI) and the Wellcome Trust — quickly took over the global response to the pandemic, and while they all claim that they are independent groups, in fact, they were all either founded by or are funded by Gates himself;
— As the outbreak first began to spread, the Gates Foundation, GAVI, CEPI, and the Wellcome Trust started to coordinate their actions such as identifying vaccine makers while funding vax tests, drug treatments and mRNA injections, while also putting together a global distribution system in a collaboration with the World Health Organization — but they failed to actually meet their own objectives on all fronts;
Within hours of the attack on the September attack on the Nordstream pipelines, a consensus emerged that the Americans did it, in spite of the fact that the mainstream media were united in blaming Russia. Only the Americans had the motive and the means. The evidence was circumstantial but irrefutable. Within hours of the attack on Nordstream, the video of President Biden’s February 2022 press conference with German Chancellor Olaf Scholz was making the rounds on the internet. In response to a question from a reporter in February, Biden said in no uncertain terms that if Russia invaded the Ukraine, America would take out the Nordstream pipelines. The video of Victoria Nuland saying the same thing also started circulating within hours of the attack.
Historically, the attack fit into the pattern of Anglo-American foreign policy like a hand in a glove. The Nordstream pipelines were a clear violation of the Mackinder thesis, which has been the hidden grammar of American foreign policy for over a century, a fact corroborated by both Donald Trump, who opposed Nordstream as president, and his opponent Ted Cruz, who said that there was bipartisan agreement on the threat which Nordstream posed to American interests.
Ever since Halford Mackinder wrote The Geographical Pivot of History at the beginning of the 20th century, the goal of Anglo-American foreign policy has been to thwart any unification of the Eurasian landmass because, according to Mackinder, the country which controls Eurasia controls the world. Any rapprochement between Russia and Germany posed an existential threat to Anglo-American hegemony. When the Kaiser and the Czar, cousins by blood, threatened to collaborate, Winston Churchill and Lord Grey lured both countries into a war which pitted them against each other, ensuring a favorable outcome for Oceania, the name George Orwell gave to the island nations which made up the Anglo-American Empire in his dystopian novel 1984.
The Biden administration is deepening its effort to focus on reducing racial inequity with the formation of a new advisory committee that will help the Treasury Department carry out policies that aim to narrow economic disparities faced by communities of color.
The Treasury Advisory Committee on Racial Equity will include 25 members from academia, business and advocacy groups. It will convene four times a year to evaluate and offer guidance to the Treasury Department and its leadership on an array of programs that touch nearly every corner of the economy.
Biden administration officials say the focus on equity will help unlock economic potential that has for decades gone untapped.
One of the biggest stories of the 2022 midterms is the shift of Latino voters to Republicans.
People started talking about the change in early 2022. Then the election of Republican Latina Mayra Flores in Texas confirmed it was really happening.
Vice President Kamala Harris was involved in a minor car accident Monday, one that was initially — and falsely — dismissed as “mechanical failure.”
Harris was heading to the White House just before 10:30 a.m. Monday when the driver of her SUV “had a minor overcorrection and struck a curb,” Secret Service spokesman Anthony Guglielmi confirmed.
The impact was hard enough that the tire needed to be replaced, bringing the VP’s motorcade to a standstill, sources told The Washington Post.
America’s national debt has now climbed past $31 trillion dollars.
Pennsylvania is one of the closest watched senate races in the 2022 midterms.
A few months ago, the Democrat John Fetterman looked like a lock, but Dr. Oz has worked very hard to change the balance.
Over the summer, Democrats and the media were pushing a narrative about the midterms looking good for the Democrats, but it was all smoke and mirrors.
A total of four female athletes have filed a lawsuit in Connecticut after they say that women's sports have been robbed by the transgender policies currently held in the state.
Selina Soule is one of the four female athletes that brought the lawsuit. She told Fox News that Connecticut's transgender policies are "unfair" and disadvantage female athletes in their various sports.
The Connecticut Department of Education has included transgender athletes in its non-discrimination policies since 2017. Their stance is that gender identity falls under Title IX. Title IX is a law that prohibits discrimination in sports based on sex. Schools that violate these policies are not permitted to receive federal funds from the government.
The Palestinian Hamas resistance movement has censured British Prime Minister Liz Truss for calling herself a “huge Zionist” who wants to strengthen London’s relationship with Tel Aviv, saying the comments are in line with the UK’s 1917 Balfour Declaration, which set the stage for the creation of the Israeli regime and occupation of Palestine.
“Her statements about supporting Zionism mean she is standing at the Zionist regime’s side and supporting aggression against the Palestinian nation,” Hamas spokesman Sami Abu Zuhri said in a statement.
France has been forced to tap into its strategic fuel reserves to resupply gas stations that have run out of fuel as strikes by workers at refineries and depots disrupt production for a second week.
The French government said on Wednesday that the country had used strategic fuel reserves to resupply stations.
Government spokesman Olivier Veran acknowledged “tensions” but said there was no shortage of fuel stocks on a national level. He urged consumers not to panic-buy.
“We are obviously monitoring very, very closely the situation together with the operators; and, here and there, when it was necessary, we have used our strategic stocks to enable the stations to be supplied,” Veran told reporters.
He said roughly one in every 10 service stations nationally had been experiencing some shortages, but the figure in the north of the country had been closer to one in three.
Fox News host Tucker Carlson takes on the outrage to mere questions about possible U.S. involvement in the attack on the Nord Stream pipelines
The Organization for Economic Co-operation and Development (OECD) views Ukraine as a potential member, Ukrainian Prime Minister Denis Shmygal said.
"In Lugano in July this year, I handed a Ukrainian accession application to OECD Secretary-General Mathias Cormann. Last week, I spoke online at the opening of an OECD Council session, where the application was considered. Mr. Cormann said today that the Organization is launching an initial dialogue on Ukraine's accession," Ukrainian media quoted Shmygal as saying on social media on Wednesday.
"After that, the OECD Council will begin discussions and preparations for drafting a road map. We are also working on the soonest possible opening of an OECD office in Ukraine," he said.
"How will the accession to the OECD benefit Ukraine? The organization is a so-called club of successful countries accounting for over 62% of global GDP. Admitting Ukraine to the company of developed countries is an important marker of our country's preparedness for joining the EU and a message to foreign companies that Ukraine is a promising place for investment and business development," Shmygal said.
Russia is insisting on access to the Nord Stream investigation and is ready to start supplying gas via Nord Stream 2 in the event of the relevant decision by the European regulator, Russian Deputy Prime Minister Alexander Novak said during a Rossiya 24 TV channel broadcast.
"As of today, Denmark and Sweden have announced that they have launched an investigation [into the Nord Stream incident]. Unfortunately, neither the Nord Stream project operator nor our entities, Gazprom - the principal owner of the respective critical infrastructure - and Rostekhnadzor have not been permitted to take part in the investigation. We believe that such an investigation must be carried out objectively, with the participation of Russian specialists, in order to provide an objective picture of what happened. And only after that will it be possible to draw the appropriate conclusions. That is why we insist on this participation and, accordingly, expect that such work will be carried out jointly with our specialists," the deputy prime minister said.
"At the moment there is no answer yet, and we see that the investigation itself has not actually started, it has only been announced. So far, the situation that is happening with the release of gas has not yet been completed, and the work that would allow the examination to begin has not yet started," he added.
Warren Buffett's favorite energy company as of late has been Occidental Petroleum. He has increased Berkshire Hathaway's stake in the company with oil/gas operations in the US, Middle East, and other parts of the world to 21% and received regulatory approval to acquire up to 50%.
Buffett's aggressive buying of Occidental comes as CEO Vicki Hollub warned that a massive gap between supply and demand for oil had been masked by historical releases of the strategic petroleum reserve under the Biden administration.
"The lack of supply will continue to manifest itself as China starts to open up from Covid," Hollub explained in an interview on the sidelines of the Energy Intelligence Forum in London, Bloomberg quoted.
She warned the world is at risk of 'living with a shortage for a while' that will send prices higher, adding the lack of supply will become more evident in the first quarter of 2023.
To get an idea of Biden's political emptying of the SPR ... there are only 22 days of supply left.
Defense attorneys in the Oath Keepers seditious-conspiracy trial renewed their request to block federal prosecutors from mentioning two hand grenades allegedly brought to the Washington area after they discovered that DNA found on the grenades does not belong to Florida Oath Keepers member Jeremy Brown.
Oath Keepers member Jeremy Brown explains the group's constitution-focused mission to rallygoers in Washington on Jan. 6, 2021. The FBI unsuccessfully tried to recruit Brown to spy on the Oath Keepers. (Luke Coffee/Special to The Epoch Times)
Attorneys for Oath Keepers defendants Kenneth Harrelson and Kelly Meggs filed a motion (pdf) with U.S. District Judge Amit Mehta asking him to reconsider his Sept. 6 ruling allowing the U.S. Department of Justice to mention the hand grenades in the ongoing trial of four Oath Keepers and one associate.
“New evidence draws into question the issue of Jeremy Brown’s possession of the two hand grenades as there was extensive forensics testing of the hand grenades that failed to result in a match to Brown or his dog that rode in the RV to attend and perform security details at the January 6, 2021 rally,” the new motion said.