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“Democracy extends the sphere of individual freedom, socialism restricts it. Democracy attaches all possible value to each man; socialism makes each man a mere agent, a mere number. Democracy and socialism have nothing in common but one word: equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.” -- Alexis de Tocqueville
Switzerland will ban the use of electric cars for 'non-essential' journeys if the country runs out of energy this winter, the government has announced.
Emergency plans drawn up in the event the Swiss are hit by blackouts also call for shop opening hours to be reduced by up to two hours per day, heating systems in nightclubs to be turned off, and other buildings to be heated to no more than 20C.
Crisis measures could see streaming services and games consoles banned, Christmas lights turned off, and all sports stadiums and leisure facilities closed.
“’You’ll own nothing and be happy’? David Webb has gone through the 50-year history of all the legal constructs that have been put in place to technically enable that to happen.” [Oct 2 interview titled “The Great Taking: Who Really Owns Your Assets?”]
The derivatives bubble has been estimated to exceed one quadrillion dollars (a quadrillion is 1,000 trillion). The entire GDP of the world is estimated at $105 trillion, or 10% of one quadrillion; and the collective wealth of the world is an estimated $360 trillion. Clearly, there is not enough collateral anywhere to satisfy all the derivative claims. The majority of derivatives now involve interest rate swaps, and interest rates have shot up. The bubble looks ready to pop.
Who were the intrepid counterparties signing up to take the other side of these risky derivative bets? Initially, it seems, they were banks –led by four mega-banks, JP Morgan Chase, Citibank, Goldman Sachs and Bank of America. But according to a 2023 book called The Great Taking by veteran hedge fund manager David Rogers Webb, counterparty risk on all of these bets is ultimately assumed by an entity called the Depository Trust & Clearing Corporation (DTCC), through its nominee Cede & Co. (See also Greg Morse, “Who Owns America? Cede & DTCC,” and A. Freed, “Who Really Owns Your Money? Part I, The DTCC”). Cede & Co. is now the owner of record of all of our stocks, bonds, digitized securities, mortgages, and more; and it is seriously under-capitalized, holding capital of only $3.5 billion, clearly not enough to satisfy all the potential derivative claims. Webb thinks this is intentional.
The European Union is aligning with Ukraine in a discourse centered around navigating the realms of information, as articulated by Josep Borrell, EU High Representative for Foreign Affairs and Security Policy.
This conversation emerges in the expansive domain of the digital sphere, moving beyond the traditional frameworks of conflict. While information dynamics have always been a part of global interactions, the digital age introduces new facets to this domain.
During a briefing at the Media Center Ukraine-Ukrinform on Sunday, Borrell touched upon a reality: the ongoing tensions between Russia and Ukraine also extend into the realm of information. Amid allegations of manipulative propaganda and disinformation campaigns, the essence of free dialogue finds itself ignored amidst a complex backdrop.
The UK has run out of military equipment that it can give to Ukraine, according to a senior British military source speaking to The Telegraph.
“We’ve given away just about as much as we can afford,” the unnamed source told the paper, adding that the UK had a role to play in encouraging other nations to continue arming Ukraine.
“We will continue to source equipment to provide for Ukraine, but what they need now is things like air defense assets and artillery ammunition, and we’ve run dry on all that,” the source said.
The UK has been a staunch supporter of the proxy war in Ukraine and has led many escalations in NATO support, including the provision of Storm Shadow cruise missiles, which have a range of 155 miles, and toxic depleted uranium ammunition for use with British-made Challenger 2 tanks.
As his first act as Acting Speaker, Rep. Patrick McHenry ordered Nancy Pelosi to vacate her Capitol hideaway office by Wednesday.
Rep. Patrick McHenry (NC) was appointed as Acting Speaker after McCarthy was ousted.
McCarthy chose McHenry as Speaker Pro Tempore earlier this year and he now has all the powers of a House Speaker.
McHenry ordered former Speaker Nancy Pelosi to vacate her Capitol hideaway office pronto!
Pelosi lashed out at McHenry and said his ruthless move to evict her from her hideaway office is “a sharp departure from tradition.”
The best part about this ruthless move by McHenry is that Pelosi isn’t even in Washington DC right now. She is in California attending the late Senator Dianne Feinstein’s funeral.
“Sadly, because I am in California to mourn the loss of and pay tribute to my dear friend Dianne Feinstein, I am unable to retrieve my belongings at this time,” she said.
Samuel Lazar is a January 6 defendant who served 30 months in prison and who reportedly was working with the feds in their investigation.
Lazar’s records were later sealed by the government for several months after his sentencing.
His court record was unsealed this week.
Video was posted online following January 6 of Samuel Lazar and his female cohort talking sh*t a few blocks from the US Capitol.
Minneapolis’ progressive district attorney is under fire for her woke policies that allow accused rapists, pedophiles and killers to stay free — with even Minnesota’s George Soros-backed general attorney accusing her of taking it too far.
Hennepin County District Attorney Mary Moriarty, 59, took office in January promising to “deliver more safety and more justice” to the community.
Since then, however, she has horrified local families and officials by pushing for suspects in even the most serious crimes to get probation in an effort to keep them out of prison, according to the Star Tribune.
Veteran prosecutor Catherine Markey was only told moments before a plea hearing that the DA was only seeking probation for one of the teens involved in the 2019 carjacking that killed her son, Stephen Markey.
Hunter Biden appeared for his arraignment in the U.S. District Court for the District of Delaware Tuesday morning, where he pleaded not guilty to federal gun charges.