Feb 152025
 
 February 15, 2025  Posted by at 10:55 am Finance Tagged with: , , , , , , , , ,  49 Responses »


Rembrandt van Rijn Saint Paul in prison 1627

 

JD Vance Gobsmacks NATO (Larry Johnson)
Vance Slams EU Leaders For ‘Running In Fear’ Of Their Own Voters (RT)
Scholz Calls For State Of Emergency In Germany (RT)
Trump Ejects From Ukraine Joyride With EU Screaming In The Backseat (Marsden)
How The US Made Western Europe Its Puppet (Bordachev)
Zelensky Comments On Putin-Trump Call (RT)
Only Zelensky Can Negotiate With Putin, Must Avoid ‘Capitulation’: Macron (ZH)
Zelensky Demands 1.5 Million-Strong Army (RT)
Retired Russian Colonel Claims Trump ‘Has Dirt’ On Zelensky (RMX)
Moscow Responds To Chernobyl Strike Accusation (RT)
Darkness Dying (Kunstler)
14 States Sue To Block DOGE From Uncovering Gov’t Abuses, Slashing Waste (ZH)
Is DOGE Going to Kill the F-35? (Green)
Treasury IG Launches Audit Of “Fraudulent Payments” Found By DOGE (ZH)
Tom Homan Refers AOC to DOJ for Investigation (PJM)
US Embassies Told To Reduce Staff (RT)
Latest Claims of a Constitutional Crisis Won’t Lead to Happier Days (Turley)

 

 

 

 

IRS
https://twitter.com/i/status/1890131415683276875

JD

EU

Maddow
https://twitter.com/i/status/1890450334138384470

Blago

Greece

 

 

 

 

Attention shifts big time to Europe today. Partly because of JD Vance’s speech, partly because of the Munich Security Conference as a whole. Europe’s self destruction is here for everyone to see.

JD Vance Gobsmacks NATO (Larry Johnson)

If Pete Hegseth’s Wednesday gut punch was not enough to rile up the European grifters, JD Vance jumped into the ring and did a body slam in a speech today at the opening of the Munich Security Conference. It lasted approximately 20 minutes and was met with mostly stony silence. The Eurocrats were not a happy lot. Vance made the following key points:
1) Internal Threats: Vance argued that the primary threat to Europe comes “from within,” not from external actors like Russia or China.
2) Free Speech: He accused European governments of censoring free speech and retreating from fundamental democratic values.
3) Immigration: Vance described immigration as the most “urgent” challenge facing European nations.
4) European Defense: He briefly mentioned that Europe must significantly enhance its own defense capabilities.
5) Ukraine Conflict: Vance touched on the Ukraine war, expressing hope for a “reasonable settlement” following President Trump’s announcement about initiating peace talks with Russia’s Vladimir Putin.

Vance made a point of chiding European hypocrisy on the issue of free speech: “Unfortunately, when I look at Europe today, it’s sometimes not so clear what happened to some of the Cold War’s winners,” he added, before rattling off a list of examples aimed at illustrating his point: European Union officials’ threats to shut down social media “the moment they spot what they’ve judged to be ‘hateful’ content,” Germany’s raids on people posting misogynistic speech online, Sweden’s jailing of an activist who burned the Quran in public, and “safe access zones” around abortion clinics established in the United Kingdom. For Europeans and others watching, Vance had a MAGA message: “In Washington, there is a new sheriff in town, and under [U.S. President] Donald Trump’s leadership, we may disagree with your views, but we will fight to defend your right to offer it in the public square,” he said, to scattered and hesitant applause—one of the few times he got any.”

Vance was especially tough on the Europeans for meddling in Romania’s election, which left the crowd steaming: “Several times in his speech, Vance singled out Romania, which late last year annulled its elections due to alleged Russian interference uncovered by Romania’s security services and is scheduled to hold them again. “You can believe it’s wrong for Russia to buy social media advertisements to influence your elections—we certainly do—you can condemn it on the world stage, even. But if your democracy can be destroyed with a few hundred thousand dollars of digital advertising from a foreign country, then it wasn’t very strong to begin with,” he said.” I think this was the first time in the history of NATO that the assembled poohbahs heard a speech like this. The reaction was comical, at least from my perspective as an American. Germany’s Defense Minister, Boris Pistorius, did a good imitation of Claude Rains, who played the police inspector in Casablanca.

Pistorius fumed: “This democracy was just called into question by the U.S. Vice President, not just the German democracy but that of Europe as a whole’, Defense Minister Boris Pistorius said at the Munich Security Conference on Friday. ‘If I understand him correctly, he compares the condition of Europe with what prevails in some authoritarian regimes … this is not acceptable’, he added.” What is unacceptable Boris, is that you clowns pretend to be all about democracy while restricting speech and attacking political opponents. The Germans and the Brits have been especially egregious in punishing those with opposing political views. When it comes to being an authoritarian… if the shoe fits, wear it. Kudos to JD Vance for calling them out. Remember Joe Biden’s claims about NATO unity? Well, I guess they are united in their dislike of JD Vance and Donald Trump. Good luck in keeping this party going. The Europeans are miffed that they are not being included in the effort to negotiate with Putin.

Maria Zakharova, the elegant spokeswoman for the Russian Foreign Ministry, provided a scathing explanation of why Russia does not consider the Europeans as valid interlocutors: “The Italian Foreign Minister, reacting to the phone call between Russian President Vladimir Putin and U.S. President Donald Trump, expressed the opinion that Europe should not play a “secondary role” in negotiations on Ukraine. There is no emoji to convey the full range of emotions, so I’ll have to use words. Let me remind you that it was precisely the leaders of EU countries—German Chancellor Angela Merkel and French President François Hollande—who not long ago openly admitted that they never actually intended to implement the Minsk agreements, despite previously assuring the world otherwise. Their official position now is that the Minsk agreements were merely an attempt to rearm Kyiv and “buy it time.”

In other words, they pretended to be working in good faith on the Ukrainian issue while actually engaging in a harmful charade. The problem is not just that they lied—everyone is used to that by now. The real issue is that they betrayed Europe’s interests, and this betrayal is one of the causes of the current tragedy. The Minsk agreements became part of international law through their approval by the UN Security Council. This means they were legally binding. Both Hollande and Merkel, as well as Italy’s leadership, knew this perfectly well then and understand it today. By violating international law—something they now openly admit—EU leaders became key accomplices in the catastrophe that unfolded in Ukraine. As a direct result of their actions, Europe now faces an armed conflict on its own continent.

Had the Minsk agreements been implemented, Ukraine would have been saved, and at the same time, the current dire situation of EU citizens—whose well-being has significantly declined due to their leaders’ misguided, and at times outright criminal, decisions—would have been alleviated. Looking even deeper, this was not only a personal betrayal by these leaders but also a reflection of the complete loss of independence in conducting a “sovereign” foreign policy. The European Union, as an integration bloc, and nearly all of its member states have become an extension of NATO, obediently following Washington’s directives. In this regard, the situation surrounding the sabotage and “investigations” of the Nord Streams is more than revealing.

Further confirming this is the vague comment from NATO Secretary General Mark Rutte about whether Putin’s phone call with Trump constitutes a “betrayal of Ukraine” by the West or not. Both the question and the answer are meaningless. Let me repeat: The West betrayed Ukraine when it obstructed its democratic transition and independence, interfered in its internal affairs, pitted Ukrainians against Russians, incited Slavs against Slavs, then initiated an unconstitutional coup, lied about implementing the Minsk agreements, and ultimately provoked a bloodbath in the region.“

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“..if American democracy can survive 10 years of Greta Thunberg’s scolding, you guys can survive a few months of Elon Musk.”

Vance Slams EU Leaders For ‘Running In Fear’ Of Their Own Voters (RT)

US Vice President J.D. Vance has criticized European leaders for fearing their own voters and failing to uphold democratic values, citing the recent annulment of Romania’s presidential election. Addressing the Munich Security Conference on Friday, he said that Europe’s greatest threat comes from within, condemning what he called the suppression of free speech. Vance cited the cancelled Romanian presidential elections, saying that they were annulled “on the flimsy suspicions of an intelligence agency and enormous pressure from its continental neighbors.” He questioned the notion that democracy could be undermined with digital advertising from a foreign country, saying that if you believe that, then your democracy “was not very strong to begin with.”

He further urged European Union leaders to “embrace what your people tell you,” even when it is “surprising” and they do not agree. “If you’re running in fear of your own voters, there is nothing America can do for you, nor, for that matter, is there anything that you can do for the American people who elected me and elected President Trump,” Vance stated. According to the US vice president, the “cavalier” statements from Brussels officials “sounding delighted” about the cancelled presidential elections in Romania or expansive content moderation powers or other free speech restrictions in the US, Germany and Sweden were “shocking to American ears.” Vance also dismissed any criticism of Elon Musk’s alleged interference in European elections, stating “if American democracy can survive 10 years of Greta Thunberg’s scolding, you guys can survive a few months of Elon Musk.”

Musk, a close ally of US President Donald Trump, sparked controversy in Germany by endorsing the AfD party in this month’s federal election, claiming that “the entire fate of Europe” depends on its outcome. In response, the German government accused the billionaire of election interference, with Chancellor Olaf Scholz asserting that freedom of speech does not extend to promoting “extreme-right positions.” Vance’s criticism comes as Romania is facing political turmoil following its Constitutional Court’s decision in December to annul the presidential election following the shock November win of independent candidate Calin Georgescu.

The court has cited intelligence documents alleging ‘irregularities’ in Georgescu’s campaign performance. The 62-year-old, who promoted his bid for office largely via TikTok, also faced allegations that he was being funded by foreign actors, presumably Russia. None of the claims, however, were backed by any solid evidence, while the preliminary findings of an investigation into the election scandal found the culprit behind the campaign “irregularities” was the pro-Western National Liberal Party (PNL). Moscow has dismissed the accusations as “absolutely groundless.”

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“..the government cannot take on debts worth more than 0.35% of the country’s annual GDP..”

Scholz Calls For State Of Emergency In Germany (RT)

German Chancellor Olaf Scholz has called on the country’s parliament to declare a state of emergency over the Ukraine conflict. The head of government said he wants the constitutional ‘debt brake’ mechanism relaxed in order to ensure continued support for Kiev. Enshrined in the German constitution, the limit dictates that the government cannot take on debts worth more than 0.35% of the country’s annual GDP. Temporary exceptions are allowed “in the event of natural disasters or exceptional emergency situations that are beyond the control of the state,” as long as the Bundestag supports the move. This, for instance, was done during the Covid-19 pandemic.

Speaking during a press conference on Thursday, Scholz said that the “Bundestag should adopt a resolution as soon as possible, whereby the war in Ukraine and its grave consequences for Germany’s and Europe’s security are classified as an emergency situation.” He explained that this would ensure that aid for Ukraine, “which is more important today than ever, no longer comes at the expense of the other duties that our state has to fulfil towards its own citizens.” The chancellor added that US President Donald Trump is right to demand that European NATO member states shell out more for their defense, stressing that military-related spending “must grow considerably more.” Scholz dismissed the idea that the necessary funds could be obtained from the existing budget.

Speaking on the debt brake, the chancellor suggested permanently exempting defense spending from the limit. Scholz welcomed President Trump’s phone call with his Russian counterpart, Vladimir Putin on Wednesday, stressing at the same time that the principle “nothing about Ukraine without Ukraine and nothing about Europe without Europe” should be respected. According to the Kiel Institute for the World Economy, between January 2022 and October 2024, Germany provided Ukraine with €11 billion ($11.5 billion) worth of assistance, emerging as its second-largest backer after the US. Meanwhile, amid the decoupling from relatively inexpensive Russian energy and several other factors, the German economy contracted for a second straight year in 2024 for the first time in more than two decades, according to a report released last month by the country’s federal statistics office Destatis.

Among the sectors bearing the brunt of the downturn is the country’s automotive industry. Commenting on Scholz’s remark, former Russian President Dmitry Medvedev suggested that by highlighting his staunchly pro-Ukrainian stance, the German chancellor had struck a pose in stark contrast to US President Donald Trump’s position. Medvedev, who currently serves as the deputy chairman of Russia’s Security Council, opined that the German chancellor is hoping to thus score political points at home ahead of the February 23 snap general election, with his party projected to lose to its Christian Democratic Union rivals.

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“The agreement is actually being made right in front of your face and ours, for once..”

Trump Ejects From Ukraine Joyride With EU Screaming In The Backseat (Marsden)

The European Union was never in the driver’s seat on the Ukraine conflict. And now that same toddler sitting in the back with the plastic Fisher-Price steering wheel is throwing the kind of full-blown crimson-faced meltdown that makes adults chuckle. How many times was the EU told, including by its own citizens with sledgehammer subtlety at the ballot box, to stop kissing Uncle Sam’s butt and start covering its own? Instead, its leaders cribbed America’s talking points, completely oblivious as they indulged in economic seppuku. The EU’s entire economy-wrecking “strategy” over Ukraine was based on the fantasy that they were America’s little bro, not being used as naive pawns in a grand game that would knock them right off the chessboard.

If Washington had picked peace over profit from the start, the closest thing that the Euroclowns would have seen to a military confrontation with Russia in Ukraine would have been playing Sergeant Savoir-Faire back home, armed with a map of the nearest coffee shops and a five-course lunch. And now the previously unthinkable has happened. The jig is up on Biden’s ridiculous scam of vowing to do “whatever it takes” for Ukraine to beat Russia on the battlefield – mainly by dumping cash into US weapons which miraculously get lost en route to the frontlines after the cheque clears. Nice racket. Too bad it’s getting people killed – something Trump’s made it clear he’s not exactly a fan of. Looks like he’s finally asked himself if there’s a way for the US to keep feasting on cash without a body count in Ukraine. Spoiler alert: he found a way, apparently. Several, in fact.

Cutting to the chase through all this messy death and destruction stuff, Trump just wants to wrap up the fighting and have Ukraine hand over its resources to cover US spending — most of which has already gone straight into the pockets of American weapons industries. And can he keep the weapon sales flowing, even without active conflict? Absolutely. Just tell NATO countries to cough up some cash for the sake of “preventive defense,” like he’s been doing relentlessly. A solid 90% of EU-bought weapons are already American, according to last year’s EU competitiveness report. And that’s not changing anytime soon – unless the EU’s itching for a tariff-spanking.

A group of European foreign ministers have issued a statement insisting that Ukraine and the EU must be at the table for any peace talks. Yeah, they’re at the table alright – the bib-wearing kiddie table, along with Ukraine. And while they’re busy twisting balloon animals and tossing around buzzwords like ‘enhancing support for Ukraine,’ totally immersed in their ‘choose your own adventure’ game where they’re obviously ‘winning,’ it turns out that Russia and the US – Putin and Trump – did something totally wild. They picked up a phone. Probably even a landline, like something out of a history book. All while the EU was bravely ‘sticking it to Putin’ by flaming him on social media while wiping croissant crumbs off their keyboard between sips of overpriced lattes.

In the wake of that call, Trump announced the start of immediate negotiations for peace. And now the EU is acting like it’s just been dumped by Uncle Sam, who’s committing the added insult of hanging around with the guy on whom they’ve been obsessively hating. “If there is agreement made behind our backs it will simply not work because you need for any kind of deal, any kind of agreement, you need Europeans to implement this deal. You need the Ukrainians to implement this deal,” said the bloc’s chief diplomat, Kaja Kallas. The agreement is actually being made right in front of your face and ours, for once – unlike the back-room shenanigans between bloc officials and the Biden administration, which ultimately lured the EU economy straight off a cliff with EU “leaders” serving as willing lemmings, sanctioning their own Russian supplies of virtually everything critical to their economy.

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“Each has surrendered strategic autonomy to Washington. Each now dutifully executes even the most irrational dictates from across the Atlantic..”

How The US Made Western Europe Its Puppet (Bordachev)

The biggest obstacles to a rational European foreign policy are American pressure, the internal crisis of Western European elites, and the continent’s neo-colonial economic model. Western Europe’s current antagonism toward Russia is not a natural state of affairs—it is a function of relentless US coercion. If this external pressure weakens, a shift in rhetoric and policy could come swiftly, transforming the political landscape of the continent. Regardless of how long the conflict in Ukraine continues, Russia cannot ignore its relations with its immediate Western neighbors. While Moscow has expanded its global partnerships, Europe remains a geographic and historical constant. The region’s role in world affairs, however, is changing fundamentally, with its influence declining under American dominance.

For much of the 20th century, Western Europe’s relationship with the US dictated its political and economic trajectory. Now, that relationship is not only defining its external stance but also its domestic political dynamics. How this dynamic evolves will determine whether the region can contribute positively to Eurasian stability or continue serving as a source of instability.

At the heart of the US-European relationship is the question of security. Washington’s objectives in Europe have always been twofold: preventing the rise of an independent European military power and using the continent as a staging ground for confrontation with Moscow. The so-called American “security umbrella” is a myth perpetuated for propaganda purposes. In reality, what exists is a US protectorate, reluctantly accepted but actively sustained by certain European elites. This arrangement has only accelerated the continent’s decline. Nowhere is this decline more visible than in Western Europe’s three most powerful states—Britain, Germany, and France. Each has suffered a slow erosion of its global standing. Each has surrendered strategic autonomy to Washington. Each now dutifully executes even the most irrational dictates from across the Atlantic, receiving nothing in return that enhances either national security or economic strength.

Even economically, the cost of Western Europe’s subservience is becoming unbearable. The loss of access to cheap Russian energy has crippled its industry, while economic dependence on the US has yielded no meaningful benefits. Western Europe is neither more prosperous nor more secure as a result of its adherence to Washington’s agenda. If anything, it has lost its ability to act in its own interests. The notion that Western Europe relies on American protection from a serious military adversary is fundamentally flawed. If the region truly faced an existential threat, the only plausible adversary would be Russia. Yet, Russia and the US are locked in a relationship of strategic where both possess the ability to inflict unacceptable damage on each other.

The idea that Washington would risk its own survival to defend European states from Russia is laughable. Even those who have sacrificed much of their sovereignty—such as Germany, Britain, and Italy, which host US nuclear weapons—have no real guarantee of American intervention. Their servility has bought them nothing but subjugation. This reality is well understood in European capitals, though few admit it openly. Instead, Western European leaders continue to act in ways that serve American rather than national interests. Washington views Europe as little more than a base for operations against Russia—its primary value being its geographic location. The US will never sacrifice its own security for the sake of its European vassals.

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Trump and Putin have no use for Zelensky. Anymore than for Brussels or Paris.

“..it was “not pleasant” that Putin was contacted first..”

“..Moscow cannot sign a deal with Zelensky, arguing that he no longer has legitimacy as the country’s leader..”

Zelensky Comments On Putin-Trump Call (RT)

Ukraine’s Vladimir Zelensky has spoken out against US President Donald Trump’s recent phone call with his Russian counterpart Vladimir Putin, telling reporters on Thursday that it was “not pleasant” that Kiev was not contacted first. On Wednesday, Trump and Putin held their first call since the US president returned to office, discussing possible steps toward negotiations to end the Ukraine conflict. In a statement on Thursday the Kremlin described the 90-minute conversation as “constructive,” with both leaders agreeing to meet soon in a third country. Following his call with Putin, Trump contacted Vladimir Zelensky, after which he announced that Kiev is prepared to seek an end to the conflict with Russia.

Commenting on the Putin-Trump phone call in a conversation with reporters on Thursday, Zelensky insisted that Kiev must be included in any negotiations. “We will not accept any bilateral negotiations about Ukraine without us,” he stressed. He described his own conversation with Trump as a “really good discussion of almost an hour” but reiterated that it was “not pleasant” that Putin was contacted first. “Calls are calls, I understand everything, but meetings are a priority for us. Ukraine-America, and only after such meetings, after developing a plan to stop Putin, I believe it is fair to talk to the Russians,” Zelensky said. During his presidential campaign Trump repeatedly promised to swiftly end the Russia-Ukraine conflict. Since entering office last month, the Republican has taken a starkly different approach to his predecessor Joe Biden.

Trump has criticized US assistance to Kiev and has insisted that Moscow must be part of the conversation to end the hostilities, suggesting that the US could use sanctions and the withholding of US support as leverage. The US president claims he understands Russia’s concerns about Ukraine joining NATO and has stated that Kiev would not become part of the bloc under any settlement. Russia has repeatedly said that it remains open to negotiations but has insisted that key issues, such as Ukraine’s NATO ambitions, must be resolved. At the same time, Putin has also said that Moscow cannot sign a deal with Zelensky, arguing that he no longer has legitimacy as the country’s leader. Trump has also acknowledged that Kiev would have to eventually hold elections and noted that Zelensky might not see another term as his domestic poll numbers “aren’t particularly great, to put it mildly.”

https://twitter.com/i/status/1890492997932102066

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Putin won’t negotiate with Zelensky, because he’s not a legitimate president. Macron knows this. The goal: keep the war going.

Only Zelensky Can Negotiate With Putin, Must Avoid ‘Capitulation’: Macron (ZH)

French President Emmanuel Macron just ahead of the start of Friday’s Munich Security Conference, which will run through the weekend, declared that only Ukraine’s President Zelensky can negotiate with Putin. It was a shot across the bow warning against Trump’s peace plan, the contours of which are beginning to show, with the French leader saying it could amount to “capitulation” if Russia isn’t forced to make any serious concessions. Macron warned in a fresh interview with the Financial Times that a “peace that is a capitulation” would be “bad news for everyone” – including the United Sates and that fundamentally it must be the Ukrainians driving the talks. Yet the reality is that Ukraine is not in the driver’s seat on the battlefield, where the conflict is being decided. And the outcome of talks is going to reflect this lack of true military leverage.

Macron continued, “The only question at this stage is whether President Putin is genuinely, sustainably and credibly willing to agree to a ceasefire on this basis. After that, it’s up to the Ukrainians to negotiate with Russia.” Thus Macron did make clear that he’s open to this “window of opportunity” for a negotiated solution which Trump is jump-starting. He said that “everyone has to play their role.” There are aspects of Trump’s emerging plan that Macron appears to have welcomed, per the FT: “Nonetheless, the French president endorsed the Trump administration’s position that it was Europe’s responsibility to ensure Ukraine’s security, saying it stemmed from a generational and bipartisan shift in America’s foreign policy priorities away from Europe and towards Asia.

US unilateralism did not start with Trump’s return to power, Macron added, noting that he “did not receive a call” in advance from the Biden administration about its “Aukus” nuclear submarine deal with Australia and the UK or about its withdrawal from Afghanistan. “What Trump is saying to Europe is that it is up to you to carry the burden. And I say, it is up to us to take it on,” Macron said.” Trump policy toward Europe and ending the Ukraine war is now widely being referred to as ‘electroshock’ in various publications after the Macron interview: “The message is clear – an ‘electroshock’, as French President Emmanuel Macron called it: European countries will have to step up defense spending if they intend to protect themselves from Russian aggression.”

Other European leaders have displayed outright anger over what they say is going over Zelensky’s head and showing willingness to deal directly with Putin. German Foreign Minister Annalena Baerbock on Friday blasted the potential for peace talks that would cut out Zelensky or the Europeans. “A sham peace — over the heads of Ukrainians and Europeans — would gain nothing,” Baerbock said at the start of the security conference. “A sham peace would not bring lasting security, neither for the people in Ukraine nor for us in Europe or the United States,” she added, according to Reuters.

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The EU couldn’t even get 200,000 peacekeepers together.

Zelensky Demands 1.5 Million-Strong Army (RT)

Vladimir Zelensky has issued a new demand to Ukraine’s western backers, after the US said Kiev’s goal of NATO membership is “unrealistic.” Speaking at the Munich Security Conference on Friday, Zelensky stated that Kiev needed an army of some 1.5 million soldiers. If Ukraine is not a member of the US-led military bloc, then it must build its defense capabilities together with Western Europe, Zelensky warned. He went on to claim that NATO membership remained the best and “cheapest” option for Ukraine’s security. US Defense Secretary Pete Hegseth this week described Kiev’s hopes of NATO membership as “unrealistic,” a stance that was later reaffirmed by US President Donald Trump.

Zelensky insisted however “Until we are part of NATO, we need an army capable of protecting the country. This means NATO-standard weaponry and a sufficient number of trained Ukrainian troops. Based on calculations with our military leadership, that means an army of 1.5 million soldiers,” Zelensky said. Russia has maintained that Ukraine’s aspirations to join the US-led military bloc are one of the conflict’s root causes. On Thursday, Trump blamed the hostilities on his predecessor Joe Biden’s support for Ukraine’s bid to join NATO. The US President held a phone call with his Russian counterpart Vladimir Putin on Tuesday, stating afterwards that Moscow and Washington would start immediate negotiations to end the fighting. In January, Zelensky proposed deploying at least 200,000 European soldiers as peacekeepers in Ukraine to enforce any potential peace agreement with Russia.

In a recent interview with American podcaster Lex Fridman, Zelensky said Ukraine had 980,000 military personnel in service. Maintaining a 1.5 million-strong army would require a 50% increase in funding, Zelensky said, questioning who would finance it and how.The Trump administration recently froze all foreign US aid, including for Ukraine, amid a government-wide spending review. Many EU and NATO members have failed to meet the bloc’s current defense spending target of 2% of GDP. Since the escalation of the Ukraine conflict, western countries have provided over $82 billion in aid to Ukraine per year, according to data from the Kiel Institute for the World Economy. A Friday press release by the think tank claims that the EU has given Kiev nearly $64 billion in military aid, while the US has provided some $66 billion.

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Got the money? Got the money?

Retired Russian Colonel Claims Trump ‘Has Dirt’ On Zelensky (RMX)

Retired Russian Armed Forces Intelligence Colonel Anatoly Matviychuk has come out swinging in the lead-up to the Munich Security Conference, saying the U.S. has compromising information on Zelensky that will force him to compromise, namely, that he has possibly embezzled large amounts of money from the funds sent to Ukraine for its defense against Russia. In an interview with MK, the retired colonel said that President Trump “has long had a grudge against Zelensky,” since the head of the Kyiv regime supported his persecution and passed on compromising information about him to the previous U.S. administration under Biden. “Today, Trump is skillfully dealing with everyone who once spoke out against him,” Matviychuk noted. “Among them are Zelensky and Yermak. I am sure that Trump has more than enough dirt on them.”

These may have to do with the embezzlement of money. “It is not surprising that it has now become clear that about 100 billion dollars have sunk into oblivion,” the intelligence officer noted. “I believe that in fact the U.S. knows very well where these billions ended up…” Matviychuk claims the money ended up in Zelensky’s Spanish, Italian and British real estate. However, he also went after Zelensky’s wife. “In addition, the million-dollar expenses of the First Lady of Ukraine, Elena Zelenskaya, in European boutiques have been well calculated,” the expert added. Matviychuk added that Zelensky has also opened himself up to accusations of prolonging the conflict and numerous war crimes. This is not the first time someone has claimed Zelensky has enriched himself from U.S. taxpayer money sent for his country’s defense against Russia.

The Organized Crime and Corruption Reporting Project found that Zelenskyy and his partners owned a network of offshore companies dating back to 2012 in the British Virgin Islands, Cyprus and Belize. The documents also revealed that before Zelenskyy became president in 2019, he gave his stake in an offshore company to a business partner but made an arrangement that the offshore company would continue paying dividends to a company Zelenskyy’s wife owned, the reporting project said. In response, USA Today offered up its own “fact check,” stating: “The Pandora Papers – secret records obtained by the International Consortium of Investigative Journalists – highlight information about Zelenskyy’s overseas dealings. However, the papers don’t reveal the exact amount Zelenskyy or his wife have in overseas accounts. Sullivan said none of the assets claimed in the social media post were in the papers.”

USA Today also cites a 2022 Forbes piece that estimated Zelensky’s real estate portfolio at some $4 million after reports that he purchased his parents an $8 million mansion — although USA Today said the claims about an $8 million mansion were false. Nor did the magazine find any proof to back up claims that Zelensky owned three private jets or five luxury yachts. The original Instagram post targeted by USA Today reportedly stating that Zelenky owned “a 35 million dollar home in Florida and has $1.2 billion in an overseas bank account” is no longer available. Despite no hard evidence of embezzlement, allegations have continued non-stop, with many saying that now that Donald Trump is in office, a real audit will uncover the truth.

Tucker Carlson headlined a recent episode of his podcast by claiming “Ukrainian military is selling American weapons systems on the black market, including to drug cartels on the (American) border.” His guest U.S. Col. Daniel Davis said that Zelensky had even recently made a point of denying such allegations, and “the media just reports what he says.” The colonel then added that this has been “an open secret for almost the duration of (the war).”

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How to properly define “false flag” once and for all…

Moscow Responds To Chernobyl Strike Accusation (RT)

The Russian military does not target nuclear infrastructure, including what remains on the site of the destroyed Chernobyl power plant, Kremlin spokesman Dmitry Peskov told journalists on Friday. Ukrainian leader Vladimir Zelensky had alleged earlier in the day that a Russian drone had attacked the containment structure built over what remains of the Soviet power facility which was devastated in a 1986 disaster. Zelensky reported “significant damage” in the incident. Peskov stated that any claims that Russia is targeting nuclear facilities are false by default. He said he has no verified information about the situation, but assumed that most likely it was “the latest provocation, a frame up” orchestrated by Kiev. He added: “This is what they love doing.”

The Chernobyl protective dome, also known as the New Safe Confinement, was built in the 2010s to protect the remains of the destroyed reactor 4 unit from the elements and prevent the escape of contaminated material into the environment. The project cost a reported €2.1 billion ($2.2 bn) in international funding. The alleged drone incident came days after the administration of US President Donald Trump ruled out Ukraine’s accession to NATO or restoration of control over all of its claimed territories as part of a potential peace deal with Russia. Zelensky had previously called both goals essential for Ukraine’s interests. Russian officials have warned that Kiev could resort to extreme measures, including false flag operations meant to frame Moscow, in an attempt to derail Washington’s peace efforts and ensure the continued flow of Western aid to Kiev.

Chernobyl
https://twitter.com/i/status/1890321938628665388

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“The nature of the NGO scams is to have a cause that sounds philanthropic, like ‘Save the Orphans of Sadville’ and then they pocket the money and zero actual orphans are helped.” — Elon Musk

Darkness Dying (Kunstler)

The exorcism of the USA just keeps revving up. You can tell by the number of revolutions-per-minute Elizabeth Warren’s head spins while she spews pea soup at the cameras. Who knew what a demon-infested slough USA Management Central was? And yes, I would like some insight as to how humble civil servants like Liz Warren accrue a $12-million fortune . . . and $30-million for Samantha Power (ex-USAID-chief) . . . and more than a $150-million for Nancy Pelosi. Could it be as simple as just good stock-picking? (Is that how they spend their time?) You have reason to suspect that what goes on in Washington DC is the greatest racketeering operation ever run on God’s green earth. “A threat to our democracy!” the Party of Chaos spouted incessantly during the election campaign in re: Donald J. Trump.

“Democracy Dies in Darkness,” The Washington Post still declares on its name-plate. Yet, who exactly kept the lights off the past four years? Who scrambled the brains of the nation’s management and thinking classes? Who made mental illness aspirational? You begin to detect that by “our democracy” they actually meant “our everlasting grift.” And it didn’t die darkness — it thrived, grew, and spread in the moist bureaucratic darkness like the Devil’s own slime mold. And now it is being revealed, to the astonished disgust of slightly more than half the nation that was not on-the-take. Turn over a log in the woods and you have the metaphor for “our democracy.” Countless hundred-footed things slither around under it, their feeding interrupted . . .

[..] This colossal worm-farm lies exposed now with its slithering denizens drying up under the DOGE sunlamp. The response by the political left’s clown troop fronting for all these scams is the most pathetic performative cluster-B psychodrama ever enacted on the streets of our nation’s capital: Schumer, Maxine Waters, Ayana Pressley, Liz Warren, and every other mewling loser in Wokedom singing that old union ditty Which Side Are You On for the cameras — as if they were reenacting the 1907 Monongah Mining Disaster. They are crying— as the old saying goes — all the way to the bank. The histrionics of the past three weeks are only the beginning, you understand, since USAID was just a mole-hill beside the mountain range of past turpitudes yet coming into view as Mr. Trump’s generals deploy in the battle-space.

Yesterday — mirable dictu! — Robert F. Kennedy, Jr., was sworn-in for Health and Human Services, to oversee the empire of fraud that public health became during the rogue reign of Tony Fauci and his cohorts. The flip-side of MAHA is Make Medicine Truthful Again. Everything about health-care in America slouches in disrepute and ignominy, from the doctors hostage to their private equity taskmasters to the faked drug trials at FDA to the deliberate data mismanagement at CDC to the grant-and-kickback game at NIH and NIAID, to the hellscape of medical insurance fraud, to the revolving door between pharma and government —RFK faces one of the most onerous tasks of filth-clearing since Hercules shoveled out the Augean stables. And then there’s the giant hairball of poisoned American food.

The solitary figure who remains absent on the playing field is Kash Patel, and you can tell by the delaying tactics employed by the Party of Chaos that they (and their blob allies) dread the coming day that he gets confirmed to lead the FBI. That’s when the combined forces of avalanche, tsunami, earthquake, and fire send forth an exterminating spewage of long-suppressed information about the 1960s assassinations, RussiaGate, the Epstein matter, the Ukraine money-laundry, and any number of other unresolved treasonous scandals.

Read more …

Lawfare 2.0.

14 States Sue To Block DOGE From Uncovering Gov’t Abuses, Slashing Waste (ZH)

We are now firmly in the lawfare stage of the second Trump presidency, with Democrats filing a flurry of lawsuits to hinder the new administration’s agenda until a strong ruling from the Supreme Court eventually sets precedent. In the latest legal move, a group of 14 states have sued Elon Musk and President Donald Trump, alleging that the authority granted to the billionaire and his team at DOGE is unconstitutional. The states, including Arizona, Michigan and Rhode Island, have taken aim at efforts to dramatically reduce the size of the federal workforce, including dismantling entire agencies, as well as their access to sensitive data. “The founders of this country would be outraged that, 250 years after our nation overthrew a king, the people of this country—many of whom have fought and died to protect our freedoms—are now subject to the whims of a single unelected billionaire,” said Arizona AG Kris Mayes in a statement reported by NBC News.

The lawsuit argues that Trump violated the Appointments Clause of the Constitution by creating DOGE – an unofficial government agency, without congressional approval, and for granting Musk “sweeping power” without the advice or consent of the Senate through a confirmation hearing. “President Trump has delegated virtually unchecked authority to Mr. Musk without proper legal authorization from Congress and without meaningful supervision of his activities,” reads the complaint. “As a result, he has transformed a minor position that was formerly responsible for managing government websites into a designated agent of chaos without limitation and in violation of the separation of powers.” The states seek a court order blocking Musk from making changes to government funding, canceling contracts, making personnel decisions, and more.

According to White House press secretary Karoline Leavitt, the lawsuit is nothing more than a “continuation of the weaponization of justice against President Trump,” adding “The White House will continue to fight these battles in court, and we expect to be vindicated.” Another Thursday lawsuit from a group of government employees sought to block Musk and DOGE from accessing sensitive data and removing federal employees until “Musk is properly appointed pursuant to the U.S. constitution.” That lawsuit came on the heels of NY Attorney General Letitia James and 18 other attorneys general suing the Trump administration to block DOGE from accessing personal data housed in the Treasury department, calling it “unconstitutional.” A federal judge temporarily granted that request, ruling that the states “will face irreparable harm in the absence of injuctive relief.” Meanwhile, 22 state attorneys general were separately granted a request to halt an effort by the Trump administration to make large cuts to federal research agencies.

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Someone likes the F-35… Doesn’t mention the price tag..

Is DOGE Going to Kill the F-35? (Green)

Lockheed-Martin’s F-35 Lightning II stealth multirole fighter is one of those development boondoggles that we’ve become all too familiar with, and Defense Secretary Pete Hegseth and Elon Musk’s DOGE boys are looking at perhaps canceling it. The Spectator’s Teresa Mull wrote Wednesday that while in Hegseth’s view,“’efficiency’ does not equate to funding cuts (he wants DoD spending to increase), one quick and easy way to curb waste right out the gate would be to abandon the F-35 fighter jet, fire every senior person involved in its commission and put in place systems to ensure that such horrors never happen again.” Seriously, the development of the jet was that bad. Although I’m certain that the entire program needs the green eyeshade treatment from DOGE, I don’t think that Mull made the case that the F-35 is a “totally flawed” “monster” that the Air Force, Marines, and Navy should “cease using.”

It’s a short article and even shorter on specifics. One specific detail left out is that, despite the jet’s unspecified “871 unresolved deficiencies,” the F-35 is the safest jet to fly in our arsenal. “The Air Force’s F-15 Eagle has a lifetime Class A accident rate of 2.36 per 100,000 hours of flight, with a spike early in the Eagle’s flying career and a relatively low accident rate 10-30 years after reaching operational status,” while the Air Force jet the F-35 is meant to replace, the F-16, “has a lifetime Class A rate of 3.45 per 100,000 hours.” The F-35’s accident rate is 1.5 crashes per 100,000 flight hours. That’s the lowest for a new jet, ever. It’s such an overpriced, useless hunk of jet that [checks notes] countries like Belgium, Japan, and South Korea that weren’t even in on the development contractor dollars can’t seem to buy enough of them. That’s one helluva endorsement.

Pilots seem to love it. The F-35’s god’s-eye view of the battlespace and its ability to share that data with many other platforms in the air, on land, or sea increases the lethality of everyone fighting alongside it. That’s a unique capability, and it would be missed. And Another Thing: While my wife is a former employee of Lockheed-Martin, she didn’t work anywhere near the F-35 program. I own no shares in the company. But I’m more than willing to be proven wrong here because I believe in two things. The first is that America needs the best jets and that our pilots deserve the best jets. If the F-35 isn’t the best, then we need to start working on the F-36 or whatever, pronto. The second is that American taxpayers deserve something better than the screwing-over we typically get from the Pentagon and its contractor buddies — and that our entire arsenal needs a second, third, and fourth look.

At the very least, DOGE should take a high-powered loup to the F-35’s maintenance costs. While production costs have come down nicely — a fully modern Air Force F-35A (without the fancy VTOL or carrier requirements of the Marines’ F-35B and the Navy’s F-35C) is $82.5 million. The latest version of the F-16 — an impressive upgrade but still based on a 1970s airframe — is about $65 million. Not exactly a bargain, but it’s certainly in line with its greater capabilities. Still, maintenance costs are too high, and readiness is too low. Maybe the mere threat of DOGE will convince Lockheed to offer a serious discount on those maintenance costs.

If Hegseth and the DOGE boys do decide to kill the program, my advice would be to kill it slowly. Milblogger (and retired Navy officer) CDR Salamander devised a rule about procurement that goes something like this: don’t stop building the Current Thing until the New Thing is ready to go. Indecisiveness and development delays with big-ticket items like the NGAD stealth fighter and the navy’s Ford-class aircraft carriers have left us dangerously dependent on aging platforms like the F-22 and the Nimitz-class carriers that, frankly, we built too few of. So, if the F-35 needs to die, then make its replacement a high-priority/high-speed job. In the meantime, keep making F-35s, perhaps at a lower rate of production, until that replacement is ready to fight.

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Lawfare lives!

Treasury IG Launches Audit Of “Fraudulent Payments” Found By DOGE (ZH)

The US Treasury’s Department of Inspector General is launching an investigation into “alleged fraudulent payments” found by Elon Musk’s DOGE team, and will analyze the past two years of transactions within the government’s payment system. The IG will also review the security controls to the system after Democratic senators freaked out over the access provided by Trump to Musk and the Department of Government Efficiency. According to a Friday letter by Treasury Deputy IG Loren J. Sciurba, the audit will take approximately six months. “We expect to begin our fieldwork immediately,” Sciurba wrote. “Given the breadth of this effort, the audit will likely not be completed until August; however, we recognize the danger that improper access or inadequate controls can pose to the integrity of sensitive payment systems. As such, if critical issues come to light before that time, we will issue interim updates and reports.”

Musk claims to have found massive waste, fraud and abuse – and has launched an official government website for DOGE that will track how large the US government is, and how much DOGE has saved. The site (which still needs a little ‘fine tuning’) also has an ‘unconstitutionality index,’ which compares the number of rules passed by Congress in 2024 vs. the number of agency rules created out of thin air. According to the report, the audit comes after Democratic Sens. Elizabeth Warren (MA) and Ron Wyden (OR) pushed for an inquiry at the US Treasury. On Wednesday, Warren, Wyden, and Sen. Jack Reed (D-RI) sent a letter to Treasury Secretary Scott Bessent raising the alarm over DOGE (and not what they’ve found, of course).

“Your lack of candor about these events is deeply troubling given the threats to the economy and the public from DOGE’s meddling, and you need to provide a clear, complete, and public accounting of who accessed the systems, what they were doing, and why they were doing it,” wrote the lawmakers. Several lawsuits have also been filed by labor unions and advocacy groups against DOGE’s potential unauthorized access to sensitive Treasury payment systems, while five former treasury secretaries (who ostensibly oversaw massive fraud), have similarly sounded the alarm over what they say are risks associated with DOGE accessing sensitive Treasury Department payment systems. Of course, if the following is true, DOGE may be 100% within its right to access these systems after actually having been established by the Obama administration.

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“‘MaYbe shE’s goiNg to be in TroUble nOw.’

Tom Homan Refers AOC to DOJ for Investigation (PJM)

President Donald Trump’s Border Czar, Tom Homan, accused New York Democrat Rep Alexandria Ocasio-Cortez of impeding U.S. immigration law enforcement efforts after she was caught advising illegal aliens on how to avoid deportation. Homan told Fox News, “Impediment is impediment in my opinion,” when asked if her actions were “crossing the line” and noted that he was “working with the Department of Justice to find out.” According to 8 US Code 1324 1/A/iv: “Any person who— encourages or induces an alien to come to, enter, or reside in the United States, knowing or in reckless disregard of the fact that such coming to, entry, or residence is or will be in violation of law; or engages in any conspiracy to commit any of the preceding acts, or aids or abets the commission of any of the preceding acts, shall be punished.”

AOC hosted the “Know Your Rights With ICE” webinar live on her Facebook page on Feb. 12, which provided illegals in her NY congressional district with information on how to handle Immigration and Customs Enforcement (ICE) agent search requests at their homes or workplaces. She told illegals viewing the webinar, “When one of these things [raids] comes to your backyard, you can resist, and when that happens over millions of people, is that you generate enough friction that they cannot go as fast as they want to go,” so it slows down ICE raids. “Believe it or not, in America EVERYONE has rights,” Ocasio-Cortez later posted on her X account. Homan questioned whether AOC’s behavior constituted obstruction of immigration enforcement and asked the DOJ for clarification on whether her acts could be considered unlawful interference.

“I sent a letter today to the deputy attorney general. At what level is that impediment? Is that impediment? I’m not an attorney, I’m not a prosecutor. Is that impeding our law enforcement efforts? If so, what are we going to do about it?” asked Homan.The border czar further hinted, “Maybe AOC is going to be in trouble now.” “‘MaYbe shE’s goiNg to be in TroUble nOw.’ Maybe he can learn to read. The Constitution would be a good place to start,” AOC responded on X. The Trump administration has made enforcement of U.S. immigration law and the deportation of illegals a major priority. The White House has pledged to prosecute anyone who attempts to halt ongoing deportation operations against criminal aliens, including leakers in law enforcement and elected public officials.

Homan has also suggested that President Trump may pull out all Federal dollars from NYC to pressure the local authorities to comply with immigration law and finally end its sanctuary city status. Meanwhile, New York City Mayor Eric Adams, who recently saw charges dropped against him by the DOJ, told city officials not to hinder ICE agents from carrying out deportation raids. The DOJ has not commented on whether it would investigate AOC’s actions, but if they do proceed, prosecutors would need to establish that her webinar actively obstructed ICE operations rather than merely provided information to illegal alien residents living in her district.

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It’s government wide.

US Embassies Told To Reduce Staff (RT)

The US State Department has directed embassies worldwide to prepare for staff reductions, ABC News and Reuters reported on Thursday, citing sources. Some diplomatic missions have been instructed to consider reducing both US and locally employed staff by 10%, Reuters wrote, citing sources close to the matter. Senior embassy officials have reportedly been asked to compile comprehensive lists of all employees, including tenured, untenured, and temporary staff, sources familiar with the issue told ABC News. The reported directive was issued shortly before US President Donald Trump signed an executive order titled “One Voice for America’s Foreign Relations,” which mandates that State Department staff align with his administration’s foreign policy goals.

The order emphasizes the need for the US secretary of state to maintain an “exceptional workforce of patriots” In line with efforts to cut costs, the Trump administration is also considering eliminating several US consulates and diplomatic posts around the world, NBC News reported on Wednesday. Consulates in Europe, Canada, Mexico, and the Pacific Islands are among those under review, the outlet said. Officials have reportedly been asked to assess the relevance of these facilities to Trump’s America First agenda, considering factors such as diplomatic necessity and potential additional government activities like military contacts and intelligence gathering. The moves are part of President Trump’s broader initiative to reshape the federal workforce. He has proposed a 10% reduction in government employees, in a move to streamline operations and reduce costs. The US administration has already initiated extensive layoffs of probationary workers, impacting nearly all who have not yet attained civil service protection.

Additionally, the administration has launched the Department of Government Efficiency (DOGE), led by billionaire Elon Musk, in order to streamline federal operations with a target of trimming $2 trillion in expenditures from the federal budget. Musk has acknowledged that achieving this goal is a long shot, while suggesting that the drive might result in achieving $1 trillion in cuts.As part of its cost-cutting measures, DOGE has already implemented significant reductions, including the dismantling of the United States Agency for International Development (USAID) and the Consumer Financial Protection Bureau (CFPB), as well as imposing severe restrictions on National Institutes of Health (NIH) grants as part of a broader strategy to eliminate wasteful spending and increase government efficiency.

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“Democrats Jump the Shark..”

Latest Claims of a Constitutional Crisis Won’t Lead to Happier Days (Turley)

Forty years ago, a radio personality coined the phrase “jump the shark” in reference to the episode of the sitcom “Happy Days” in which the character Fonzie (Henry Winkler) jumps over a live shark on water skis. The term is often applied to dying franchises that turn to sensational language or scenes to try to revive the fading interest of the public. More often, you jump the shark and land in utter obscurity. This week, the Democratic Party jumped the shark. For years, Dems and their allies pushed the absurd claim that democracy was about to die if Joe Biden or Kamala Harris was not elected president. The public wasn’t buying it. In 2024, Donald Trump won a majority of the voters as well as control of both houses of Congress. Rather than examine its messaging, Democrats decided to double down. After the election, politicians and pundits announced a new “constitutional crisis” surrounding the effort to downsize the federal government led by Elon Musk and the Department of Government Efficiency (DOGE).

Kris Mayes, the attorney general of Arizona, declared this week, “We are on the brink of a dictatorship, and America has never been in a more dangerous position than she is today.” The same media that carried the breathless accounts of the imminent death of democracy with the last election are now running “constitutional crisis” articles with many of the same “experts.” Despite Trump repeating that he “will abide by the courts” while appealing opposing decisions, NPR insisted that Trump’s circle has indicated it is “willing to ignore court orders and defy judicial authority.” During his first term, Trump repeatedly lost cases — as did his predecessor, Barack Obama, and successor, Biden — but he continued to comply with those rulings.

The fact is that we have the oldest and most stable constitutional system in history. It has repeatedly survived challenges from political to economic meltdowns that would have destroyed other systems. That Madisonian system relies on an independent judiciary, including Trump appointees who regularly ruled against the Trump administration, including on the Supreme Court. For many citizens, what is most striking is not Trump’s actions, but how Democrats are seeking to prevent the very reforms that a majority of voters supported. Rep. Ilhan Omar (D-Minn.) warned that this “is a really, really sad day in America. We are witnessing a constitutional crisis. We talked about Trump wanting to be a dictator on day one. And here we are. This is what the beginning of dictatorship looks like when you gut the Constitution, and you install yourself as the sole power. That is how dictators are made.”

Actually, that is not how dictators are made but how democracies work. Trump ran on reducing the deficit and size of the government. The public is worried about a crisis — though it is not one of democracy but debt. In 2024, the $6.75 trillion budget exceeded our tax receipts of $4.9 trillion. The rest, $1.8 trillion, had to be borrowed. As a result, the national debt has ballooned and, if left on its current trajectory, would amount to 250% of gross domestic product within three decades. We are becoming a debtor nation where every citizen now shoulders a $106,000-per-capita burden to pay for our out-of-control spending.

Nevertheless, in the first DOGE subcommittee hearing in the House, Rep. Stephen Lynch (D-Mass.) insisted that he would “defend democracy,” which is “under attack” by DOGE and the effort to carry out Trump’s campaign pledges. What is truly in danger is the status quo. Senate Minority Leader Chuck Schumer (D-NY) may have ironically had the most honest moment when he joined one of the daily protests and yelled how Musk’s government efficiency efforts are “taking away everything we have.” By declaring a constitutional crisis, these figures are using “rage rhetoric” that gives a license for extreme conduct and messaging. Sen. Ron Wyden (D-Ore.) has declared a “coup” is being carried out. Rep. LaMonica McIver (D-NJ) insisted “God d—-it shut down the Senate! … WE ARE AT WAR!” Rep. Maxine Waters (D-Calif.) called on citizens “to fight back” as Sen. Cory Booker (D-NJ) called for a fight in the streets and for citizens “to rise up.”

Not to be outdone in the rage-fest, Rep. Jasmine Crockett (D-Texas) yelled, “We are gonna be in your face, we are gonna be on your a–es, and we are going to make sure you understand what democracy looks like, and this ain’t it.” Biden was repeatedly found to have violated the Constitution, including with unilateral actions through executive orders. Courts called him out for it. None of these Democratic members declared a coup or collapse of democracy. Such court challenges are common and often these early initiatives shake out with new guarantees and judicial guidelines. The courts may oppose certain moves by Trump and DOGE, but these are decisions of process, not policy. Eventually the president will be able to pare government spending, which is what the Democrats are really upset about — not the invented “constitutional crisis.”

Judging from the polls, the public sees that. The Fonz saw it, even if he still does not get it. Just before the election, Winkler mocked Trump’s huge Madison Square Garden rally and told NBC, “That’s his life’s bread; his life’s blood is the sound of appreciation or adulation or whatever.” That “whatever” is called public support. It is a lesson that the Democrats may want to learn if they ever want to see happier days.

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HHS

 

 

Elon+X

 

 

Lions
https://twitter.com/i/status/1890165169210237357

 

 

New home

 

 

Translate

 

 

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Feb 012025
 
 February 1, 2025  Posted by at 10:35 am Finance Tagged with: , , , , , , , , ,  73 Responses »


Edward Hopper New York movie 1938

 

Replace the Income Tax With Tariffs? (Jeffrey Tucker)
Trump Slaps 25% Tariffs On Canada & Mexico, 10% On China (ZH)
Trump Vows To ‘Absolutely’ Impose Tariffs On EU (RT)
Trump Says DC Black Hawk “Was Flying Too High… By A Lot” (ZH)
Trump Confirms ‘Serious Discussions’ With Moscow Over Ukraine (RT)
EU Divided Over Western Troops In Ukraine – Times (RT)
Is The EU Finally Coming To Its Senses On Russian Energy? (Amar)
EU Energy Policy Row Triggers Norway Government Collapse (RT)
Hungary Calls For Lifting Russia Sanctions (RT)
Merkel Joins Virtue-Signaling Outcry Over AfD (ZH)
Tulsi Slams Deep State At Confirmation Hearing: I Refuse To Be Their Puppet (MN)
The Arbitrary Hypocrisy of American “Justice” (Paul Craig Roberts)
Six Ways From Sunday (Jim Kunstler)
Trump is Not Going to Make US Into ‘Bitcoin Superpower’ (Sp.)
Third World US Cannot Get Its Astronauts Home From Space (Paul Craig Roberts)
Trump Wants To Revive ‘Star Wars’ – Zakharova (RT)
The US is Turning Into a Crybaby Empire (Sp.)

 

 

 

 

https://twitter.com/i/status/1885084376242835534

Watters

Tariffs etc etc

Kash J6

 

 

 

 

Leavitt
https://twitter.com/i/status/1885402197027909925

Laken

Calley Means

Hawley

Tucker Piers

 

 

 

 

For sure an interesting topic. And it’s not B/W: you don’t have to switch from one to the other in one fell swoop. But you can gradually raise tariffs, and lower income tax “accordingly”. That would raise citizens’ prosperity. Combine it with DOGE, and you get somewhere.

Replace the Income Tax With Tariffs? (Jeffrey Tucker)

There was a time, before 1913, when you could keep every penny you earned. You did not have to file with the federal government, telling them what you earned and giving the feds their cut. Your finances were your business and no one else’s. You had the right to earn, own, and keep property, and it was sacrosanct, guaranteed by U.S. law and tradition. There were no audits, investigations, account freezes, withholdings, or any other forms of payment. There was your productivity and you and that’s all. How was the government funded? It earned revenue through tariffs. These are paid directly by importers and indirectly by producers and consumers if the costs can be passed through. As strategies for gaining revenue, this approach is relatively noninvasive. It left the population alone.

Back in those days, however, the federal government barely existed as compared with today. More precisely, in real terms, the federal government in 1885 spent in inflation-adjusted dollars about 0.05 percent of what it spends today. Even then, people believed that it was too big and wanted it cut back to size. Donald Trump has recently been schooling people in the history of revenue strategies and he is teaching something that people have not known. He has explained how this period of American history saw the greatest amount of economic growth we’ve ever seen. He is correct about that and he is also correct that this was the period of the tariff. The cause and effect, however, is murky. The main themes of this period were freedom and sound money. The dollar was governed by the gold standard and there was no central bank.

The federal government itself had no presence in the life of the American family or typical American business. Those facts more than tariffs account for the difference between then and now. As an aside, I cannot remember another U.S. president having as clear an opinion on 19th-century economic history. Most comments by presidents have been limited to pieties about the Founding Fathers or Lincoln but skip over details concerning revenue sources or controversies concerning national banks and the like. Trump is clearly different, highly confident in these details of history that are lost even on most economists. Trump has explained that the income tax came along in 1913 as a replacement for the tariff. That is correct in design but the historical reality was slightly different.

Tariffs were not abolished entirely. The income tax just became a second and additional source of revenue. Then the Great War came, financed in large part by the central bank (the Federal Reserve) that was created the same year. The income tax and the Fed became the financial source of Leviathan power. Both came about in 1913, along with the direct election of Senators that blew up the bicameral structure of Congress and put the big cities in charge of America’s equivalent of the House of Lords. Trump’s history lesson opens up the opportunity to examine all of this more closely. In 19th-century terms, he seems to be siding with the Hamilton faction inherited by Henry Clay, the Senator from Virginia who advocated what came to be called “the American System.”

This was a policy of protective tariffs, a national bank, and federal subsidies for internal improvements to promote economic growth and national cohesion. That’s a pretty good summary of what seems to be Trump’s position. In historical terms, the Clay view contrasted with the Jeffersonian view, which favored a tiny government, free trade, no national bank, no industrial subsidies, and a society of small farmers to serve as the economic engine. These days, the debates between the Jeffersonians and Hamiltonians seem far less relevant to the current situation. Both Hamilton and Clay would be appalled by the size and scope of government power, and would happily link arms with Jefferson and John Randolph of Roanoke to cut the beast down to size. That seems to be the actual ambition of Trump, to be an agent of change that makes the federal government manageable again.

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“..we would expect to see USDCAD move decidedly higher come Monday..”

Trump Slaps 25% Tariffs On Canada & Mexico, 10% On China (ZH)

Tomorrow, February 1, the Trump administration will slap 25% tariffs on Canada and Mexico, and a 10% tariff on China, as announced during Friday’s press briefing by White House spox Karoline Leavitt, who denied reports of a delay to March 1. There will be no delay, selective targeting, or slow roll-out of phased-in tariffs as speculated by Goldman Sachs and Deutsche Bank.

That said, there could be certain exemptions – such as for oil and gas, which Leavitt did not elaborate on. For now, all we have to go on is Trump’s most recent comments on oil: “It depends on what the price is. If the oil is properly priced, if they treat us properly — which they don’t,” he said Thursday while speaking with reporters. The United States imported nearly 4.6 million barrels of oil per day from Canada in October, and 563,000 barrels from Mexico. Daily US production over the same period averaged nearly 13.5 million barrels per day. So in this scenario – full tariffs with zero quarter given, “we would expect to see USDCAD move decidedly higher come Monday, challenging the 1.50 level and representing a more than 3% move higher in the cross relative to current spot. To be clear, Canada could retaliate with dollar-for-dollar tariffs in absolute terms since its trade relationship with the US is balanced, however, USDCAD will still be higher given that the US economy is more than 10x the size of its Canadian counterpart,” according to DB.

On Friday, Canadian Prime Minister Justin Trudeau said that any tariffs would stoke an ‘immediate’ and ‘forceful’ response. “We’re ready with a response – a purposeful, forceful but reasonable, immediate response. It’s not what we want, but if he moves forward, we will also act,” said Trudeau, adding that all options were on the table. Canada sends 75% of its goods and services exports to the US, meaning that the tariffs will sting. “I won’t sugarcoat it – our nation could be facing difficult times in the coming days and weeks,” Trudeau continued. “I know Canadians might be anxious and worried, but I want them to know the federal government, and indeed, all orders of government, have their backs.” Ontario Premier Doug Ford has already vowed to slap back by pulling American alcohol off of store shelves (and into his pantry?) – as Canada is the world’s second largest market for America’s distilled spirits, behind the 27-nation EU.

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“Am I going to impose tariffs on the European Union? You want the truthful answer, or should I give you a political answer?”

Trump Vows To ‘Absolutely’ Impose Tariffs On EU (RT)

US President Donald Trump has announced his intention to impose tariffs on the European Union, citing unfair treatment in trade practices. This follows the implementation of 25% tariffs on imports from Mexico and Canada, and 10% on Chinese goods, effective February 1. The European bloc has been bracing for possible trade restrictions under the new US administration for months after Trump issued multiple threats to impose tariffs on the EU unless specific conditions are met. In December, Trump demanded that the EU reduce its trade deficit with the US by significantly increasing purchases of American oil and gas. “Am I going to impose tariffs on the European Union? You want the truthful answer, or should I give you a political answer? Absolutely, absolutely,” Trump told reporters at the White House on Friday.

“The European Union has treated us so terribly,” the US leader added. He confirmed plans for “something substantial” against the EU but did not provide specific details regarding the targeted goods or the exact tariff rates. This is not the first instance of trade tensions between the US and the EU under Trump’s administration. In 2018, during his first term, Trump imposed a 25% tariff on steel and a 10% tariff on aluminum imports from the EU, Canada, and Mexico, citing national security concerns. In response, the EU implemented retaliatory tariffs on American products such as bourbon whiskey and motorcycles. The new tariffs on Mexico and Canada were justified by the Trump administration as measures to address issues like illegal immigration and the influx of fentanyl into the United States.

Despite warnings from economists about potential global economic repercussions, including increased inflation and disrupted supply chains, Trump has remained steadfast in his approach. On Thursday, Trump also threatened to impose 100% tariffs on BRICS nations if they attempt to undermine the “mighty US dollar” by creating an alternative currency. Members of the economic bloc have accelerated efforts to reduce reliance on third-party currencies in bilateral trade in recent years, especially after Western sanctions led to the freezing of Russia’s reserves held in dollars and euros, following the escalation of the Ukraine conflict in 2022.

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Intentionally? Ceiling is 200 feet. Chopper was at 380.

Trump Says DC Black Hawk “Was Flying Too High… By A Lot” (ZH)

While there are countless facts still left to be uncovered and scrutinized, there’s an early indication that the worst US air disaster since 9/11 may have resulted from a flight-path deviation by the Army helicopter that collided with a passenger jet landing at Washington’s Reagan National Airport. Remarkably, it appears an identical disaster may have been narrowly avoided just one day earlier, when an airline pilot chose to abort landing after deeming another helicopter was dangerously close. Control-tower staffing is also emerging as a major concern — including a decision to allow one controller to leave work early.

Based on a determination of the UH-60 Black Hawk helicopter’s last location before colliding with American Airlines 5342 from Wichita, the Army chopper was flying above its authorized flight path, according to anonymous sources who spoke to the New York Times. The American CRJ300 stopped transmitting tracking data at 375 feet — suggesting impact occurred far above the 200-foot ceiling imposed on helicopters in that area. The Black Hawk was reportedly under the command of a female pilot with more than 500 hours of flight time. The male instructor pilot had more than 1,000 hours, while the crew chief is also said to have logged hundreds of hours. Given the shorter duration of helicopter flights, those hours are substantial, according to Jonathan Koziol, a retired Army chopper pilot who’s assigned to the Unified Command Post that’s been organized to coordinate the post-disaster efforts at the airport.

The Army has not released the names of the crew members, but the names of the two males aboard the Black Hawk have emerged via other channels: Staff Sgt. Ryan O’Hara and Chief Warrant Officer 2 Andrew Eaves. All were assigned to Bravo Company, 12th Combat Aviation Battalion, headquartered at nearby Fort Belvoir. While there are many social media posts purporting to identify the female pilot as a male-to-female trans National Guard member who on Tuesday publicized his transition, ZeroHedge cannot find authoritative confirmation of those claims as this article is being written. On Monday, President Trump issued an executive order barring transgender people from openly serving in the military. Update: The trans pilot in question, Jo Ellis, has released a video confirming he is still alive and was not piloting the Black Hawk.

The Army says the crew was conducting a routine nighttime qualification flight, with the focus on safely navigating helicopter routes in and around Washington. However, more specifically, Secretary of Defense Pete Hegseth said the crew was training for a “continuity of government mission.” That’s the name given for a response to an attack on the capital, or a major disaster that hits the city. In such an event, helicopters would be used to evacuate senior federal officials. The crashed helicopter was a standard UH-60; the battalion also flies the VH-60M variant: Distinguished by its gold top, it’s used for VIP transport.

Every day, more than a hundred helicopters buzz around Reagan National’s flight paths. Roughly 24 hours before Wednesday’s catastrophe, one of those helicopters alarmed the pilot of another commercial flight to the extent she aborted landing and went around. There are no reports on the type of helicopter. A female voice in the cockpit of Republic Airways Flight 4514 informed the tower of the problem at roughly 8:05 p.m. Tuesday, according to the audio recording of air traffic control traffic. The plane took a sharp turn to the west, made a loop to try to make a second approach, and safely landed at 8:16 p.m., flight tracking records indicate. — Washington Post. Meanwhile, concerning details have also emerged about the workloads assigned to the Reagan National air traffic controllers at the time of Wednesday night’s crash that killed all 67 aboard the two aircraft.

Staffing was “not normal for the time of day and volume of traffic,” according to a preliminary FAA document reviewed by the New York Times. Under normal staffing, one air traffic controller is responsible for helicopter traffic, while another guides landing and departing planes. However, on Wednesday night, one man was juggling both responsibilities. According to the Times, that’s because a supervisor allowed a different air traffic controller to leave before that individual’s shift had ended. There are several other factors that could have contributed to the accident. Among them: It’s not clear if the Black Hawk pilot was using night vision goggles, which can limit peripheral vision and depth perception, while also being problematic in an urban environment with its abundant lights.

Given the angles of the two flight paths, city lights may have camouflaged the lights of the American Airlines jet. “Going beak-to-beak at night, the lights of the [jet] tend to blend in with the city lights behind [it],” notes aviation YouTuber “blancolirio” in a detailed analysis of Wednesday’s scenario. “Another problem when you’re going head to head with each other is — if there’s no lateral movement in the windscreen — that light [of the other aircraft] is very hard to detect.” Potential miscommunication: While the tower asked the Black Hawk (“PAT25”) if it had the American Airlines “CRJ” (Canadair Regional Jet) in sight, some are speculating the Army pilots thought the controller was referring to a jet that was taking off to their right, rather than the doomed jet that was landing from their left. Others think they may have been looking at another jet on approach — behind American 5342.

https://twitter.com/i/status/1885116473217032426

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They’re waiting to meet until they can get tangible results.

Trump Confirms ‘Serious Discussions’ With Moscow Over Ukraine (RT)

US President Donald Trump told reporters at the White House on Friday that he expects something “significant” to happen once he speaks with Russian President Vladimir Putin, confirming that serious discussions with Moscow are already underway. Trump, who took office last Monday, has repeatedly stated that he is ready to speak with his Russian counterpart as soon as possible to negotiate an end to the Ukraine conflict. The Kremlin previously said it was awaiting clear signals from the Trump administration. “We’ll be speaking, and I think we will, perhaps, do something that will be significant,” Trump said on Friday. “It’s just a senseless situation, and it’s got to stop. So whatever I can do to stop it… and we are having discussions, yes.”

When asked by a reporter whether that means he had already spoken with Putin or had a call scheduled, Trump responded, “I don’t want to say that.” Pressed on why he was withholding the information, he reiterated, “I just don’t want to say that.” “We’re having very serious discussions about that war, trying to get it ended,” he added, confirming that these talks are taking place “with Russia.” On Monday, Russian Deputy Foreign Minister Sergey Ryabkov stated that a phone call between the two presidents was not currently planned, as no agreement or understanding had been reached on the matter. He noted that all communication is presently being conducted at the embassy level.

Trump has pledged to negotiate a resolution to the conflict between Moscow and Kiev and has reportedly given his Ukraine envoy, Keith Kellogg, 100 days to hammer out such a settlement.Last week, the US president threatened to impose new sanctions if Moscow refused to accept an unspecified “deal” to end the conflict but maintained that he is “not looking to hurt Russia.” Russia has insisted that hostilities will only end if Ukraine commits to permanent neutrality, demilitarization and denazification, while also recognizing the territorial “realities on the ground.” Moscow has stated that it remains open to negotiations but insists that any agreement must include “reliable, legally binding agreements eliminating the root causes of the conflict.”

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Not the EU’s call. European parents don’t want their kids to be used for target practice.

EU Divided Over Western Troops In Ukraine – Times (RT)

The European Union remains divided over the prospect of deploying a Western-led peacekeeping force to Ukraine if a ceasefire between Kiev and Moscow is reached, The Times reported on Friday, citing multiple military and diplomatic sources. Berlin opposes the idea, partly because it does not want to commit ahead of its February elections, according to the British newspaper. The Baltic states and Poland – among Kiev’s most vocal supporters throughout the conflict – are reportedly concerned that such a deployment would divert NATO’s attention and resources away from their own defense, leaving them “exposed.”

The UK, France, and the Nordic nations are the most vocal advocates for a Western peacekeeping mission. However, even among them, officials worry that the EU would not be able to carry out the operation without US involvement. A European diplomatic source told The Times that Washington’s participation would be necessary because “they have capabilities that all of Europe lacks,” including the “ability to retaliate at scale if needed.” US President Donald Trump has previously stated that Washington should not provide troops or funding for such a mission. Kiev’s European backers were also reportedly “irked” by Ukrainian President Vladimir Zelensky’s recent demand for a “minimum” of 200,000 peacekeepers – a number the EU alone would struggle to provide.

Moscow has consistently rejected the idea of Western-led peacekeepers in Ukraine. Earlier this week, senior Russian diplomat Rodion Miroshnik warned that any military force entering Ukraine without Russia’s consent would be considered a legitimate military target. “If Russia does not buy the idea it is dead and if the US does not provide a hammer the idea is dead,” an unnamed senior Western military official admitted, according to The Times. The Kremlin could perceive a large-scale NATO troop deployment in Ukraine as a significant threat to Russia, potentially serious enough to trigger another mobilization wave, Aleksey Zhuravlev, First Deputy Chairman of the Russian State Duma Defense Committee, warned on Friday.

Some EU officials believe a non-Western UN peacekeeping force, composed of troops from more neutral countries such as India, Bangladesh, or China, would be a “wiser alternative.” This approach, they argue, would not require US participation and might be more acceptable to Moscow. Kremlin spokesman Dmitry Peskov said in December that any talk of deploying peacekeepers is moot at this point, given that Zelensky signed a law banning any talks with the current Russian leadership. Russia’s Foreign Intelligence Service has warned that the West could use peacekeepers to “occupy” Ukraine and once again buy time for a new conflict with Moscow.

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aka will they admit they lost?!

Is The EU Finally Coming To Its Senses On Russian Energy? (Amar)

All that is solid melts into air,” Karl Marx and Friedrich Engels famously proclaimed almost 180 years ago. Their Communist Manifesto was published against the backdrop of the European revolutions of 1848. But they should have seen 2025 – we are beginning to witness a mighty melting of what is un-solid about EU-NATO Europe. This time, the backdrop is not (yet) a typical revolution – street fighting, barricades, and all. But there are two historic events that, in their combined geopolitical impact, will be revolutionary, though they have been anything but unforeseeable. These are, in order of importance, Russia’s defeat of the West in Ukraine, and America’s doubling down on Trumpism. The two developments have made the sands on which the EU-NATO Europeans have built their rickety policy edifice not merely shift but cave in.

Relentless obedience to Washington has always been self-damaging, but now a reckoning is at hand with accumulating self-harm reaching a tipping point into self-destruction. It is true, on the surface, that EU-NATO Europe is still digging in its heels. The EU has just produced its umpteenth renewal of sweeping – and constantly increasing – sanctions against Russia. A faction of ten among its member countries are shouting for even more. A top energy official of the European Commission is in Washington to explore ways in which the Europeans can give in, again, to ever-increasing US pressure and buy even more ruinously expensive liquefied natural gas (LNG) from their great insatiable “ally.” Yet some, even among Europe’s current elites, are still capable of intuiting that things are so desperate that they must, finally, question even apparent axioms.

As the Financial Times has just reported, there are voices, including from EU heavyweight countries such as Germany, that dare think about the unthinkable, namely returning to openly buying inexpensive fossil fuel energy from Russia. In a less topsy-turvy world, the EU should, of course, never have stopped doing so. But as it is, one aspect of Western economic warfare against Russia was the EU’s declared – if non-binding, nota bene – intention to completely abandon its best source of cheap energy by 2027. Not that this plan has really worked. In reality, the results have been mixed. Yes, the EU has managed to make its energy supply more expensive, so that its industry is struggling to remain globally competitive, with gas costs “typically three to four times higher than in the US.”

But no, the EU has not, actually, been able to ween itself off Russian energy. Instead, Moscow, according to Bloomberg, remains one of the EU’s “top gas providers.” Indeed, 2024 has just seen record imports of LNG from Russia. It is, of course, more expensive that way than by pipeline. The (still) legal but oddly underhanded way of buying and consuming this LNG stokes tension inside the EU, but that’s apparently the way its elites prefer their commerce and politics – inconsistent, unusually dishonest, a tad absurd, and held together only by a thick glue made of foul compromises and bad blood all around. In a broader perspective, EU-NATO Europe’s current, self-inflicted energy fiasco is, of course, only one aspect of its fundamentally unsound (polite expression) decision to obediently and even fanatically join the American proxy war against Russia via Ukraine.

Since then, nothing has worked out as expected. The Ukrainian Army was beefed up with Western arms, training, intelligence, mercenaries, and “advisers” to become the West’s strongest anti-Russian proxy in history. In that shape, it was supposed to inflict a military defeat on Moscow. Yet it is Ukraine now that is struggling to survive on an increasingly desperate defensive, as even the Washington Post has recently admitted (while still, obstinately, calling for more war). Western economic warfare strategists, meanwhile, boasted that they would not just impede but ruin Russia. Yet now its economy (estimated GDP growth in 2024 of between 3.8% and 4%) is doing better than that of the EU heavyweights France (0.8%) and Germany (no growth, instead minus 0.2%), as well as the EU as a whole (0.9%).

Spain, it is true, is an outlier in Western Europe (with 3.2%) but this being an exception is the point. Its success, the Wall Street Journal reports, depends on mass tourism and the use of so much migrant labor that, without immigration, Spain’s population would be shrinking. Good luck, Germany (for instance), with replicating that recipe… In addition, Western international clout would, so Western elites made themselves believe just a few years ago, compel everyone else on Planet Earth to isolate Russia. Yet now it is the West that looks lonely. First, most of the world refused to freeze out Russia, and then the West’s ongoing massive complicity in Israel’s genocidal ethnic-cleansing attack on the Palestinians shredded the last sorry remnants of the West’s Orwellian claim to global leadership based on “value” and “rules” superiority.

As for Moscow, it’s doing just fine, quietly – and not so quietly – admired by the Global South for standing its ground against sanctions that have harmed the interests of nations of that region too, while building out Moscow’s multilateral relationships in associations such as BRICS and with partners such as North Korea and Iran, and deepening its de facto alliance with China.

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“What we were clear about all along is that beginning the process of linking ourselves more closely to the EU’s dysfunctional electricity market and energy policy is completely out of the question..”

EU Energy Policy Row Triggers Norway Government Collapse (RT)

Norway’s coalition government collapsed on Thursday after the Euroskeptic Center Party rejected EU energy policy regulations advocated by Prime Minister Jonas Gahr Store. The move would subject people to an electricity price hike, the party leader and finance minister, Trygve Slagsvold Vedum, warned. It leaves Store heading a minority Labor Party government. The cabinet can govern until the next elections, which are scheduled for September, but has lost its majority in the parliament and could struggle to pass legislation. At the heart of the dispute is the fourth EU energy package, which is also known as “clean energy for all Europeans.” Adopted in 2019, it introduced a set of policies with a focus on renewables and “energy efficiency,” including reduced CO2 emissions, as well as a “robust governance system” for energy in the bloc.

Norway, which is not a member of the EU, is still closely tied to the bloc through the European Economic Area (EEA) and normally has to adopt the bloc’s rules unless it invokes a right of reservation. The Nordic nation is also a major oil and gas producer and exporter. The Center Party has argued that the changes advocated by Store would erode the nation’s autonomy, and maintained that Oslo should instead reclaim its authority in the area of energy policy. Earlier this week, Verdum blamed previous Conservative governments for contributing to energy price hikes in Norway by allowing the construction of undersea power lines to Germany and the UK.

“When the Labor leadership, instead of solving the problem, chooses to make the problem even bigger by tying Norway even closer to the EU in electricity policy through the introduction of the EU’s fourth energy market package, the Center Party chooses to leave the government,” he said. “We believe it is wrong to become more closely linked to the EU’s energy policy,” Vedum told NRK broadcaster on Thursday. “What we were clear about all along is that beginning the process of linking ourselves more closely to the EU’s dysfunctional electricity market and energy policy is completely out of the question,” the Center Party leader told a press conference following the decision to leave the cabinet.

The development drew criticism from Brussels. “We are not happy with Norway. The sentiment is as bad as I have known it,” an EU ambassador to Oslo told the Financial Times on Thursday, calling the Nordic nation “selfish” for “trying to keep this electricity for itself,” and profiteering off the EU through its gas exports. It’s not the first time that Norway and the EU have clashed over energy issues. In August 2022, Oslo said it could ration its electricity exports to the EU and the UK against the backdrop of a heatwave affecting its hydroelectric power production and domestic electricity price hikes. The announcement was slammed by Germany as a thinly veiled threat to put pressure on the bloc.

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“..we just need to get on our heels and say: dear Ukrainian friends, we understand everything, but we need this. Let the Russian gas through.”

Hungary Calls For Lifting Russia Sanctions (RT)

Hungarian Prime Minister Viktor Orban has renewed calls on the EU to lift its sanction on Russia in order to realign the bloc’s policies with the new US government. Budapest has long criticized Brussels’ approach to the Ukraine conflict as being incapable of ending hostilities and damaging to the bloc’s member states. On Monday, the EU extended its existing sanctions until the end of July. Hungary refrained from blocking the measure despite its declared opposition. In a weekly interview with state-owned Kossuth Radio, Orban said Budapest has to consider the positions of other members of the economic bloc who favor the restrictions, imposed on Russia in response to the escalation of the Ukraine conflict in 2022.

”The Hungarian interest is clear: we have lost 19.5 billion ($20bn) in three years,” Orban stressed, adding that Kiev’s behavior has become more “impudent” recently, referring to Ukraine’s refusal last year to extend a contract that had been allowing the supply of Russian natural gas to European consumers, including to Hungary. Budapest has been assured that the matter would be addressed, the prime minister explained, which contributed to its decision on Monday not to block the sanctions.Given Kiev’s total dependence on foreign aid, Orban said, “we just need to get on our heels and say: dear Ukrainian friends, we understand everything, but we need this. Let the Russian gas through.”

The Hungarian leader contrasted the EU’s approach with that of newly inaugurated US President Donald Trump. Washington is pursuing a policy of peace while Brussels opts for war, Orban pointed out. In a recent interview with journalist Megyn Kelly, Secretary of State Marco Rubio stated that under President Joe Biden, the US had “somehow led people to believe” that Ukraine could achieve a military victory over Russia, resulting in a protracted stalemate that has regressed Ukraine’s development by a century. Slovakia, another consumer of Russian gas, has also criticized Ukraine’s shutdown of the transit pipeline through its territory. On Thursday, Prime Minister Robert Fico claimed that his pressure campaign against Kiev is yielding results, saying he perceived a shift in its position.

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Mutti saves the day one last time. Barely.

Merkel Joins Virtue-Signaling Outcry Over AfD (ZH)

German mainstream politicians and media have presented that the real ‘threat’ the country is facing is not brutal terror rampages and attacks like those recently seen in Magdeburg and Aschaffenburg (both perpetrated by asylum-seeking migrants), but the fact that Alternative für Deutschland (AfD) has been polling better than ever before and having serious national influence as Friedrich Merz – Merkel’s successor as leader of the country’s conservatives – seeks to push through tighter immigration controls. All of this has triggered former German Chancellor Angela Merkel’s intervention, given the supposed ’embarrassment’ of witnessing the Christian Democrats currently relying on the AfD help to pass the new immigration bill.

The conservative CDU-CSU (Christian Democratic Union of Germany and the Christian Social Union in Bavaria) has broken the longstanding taboo of working with the AfD when on Wednesday they together passed a motion calling for a crackdown on new arrivals and strengthened border controls. Former Chancellor Merkel has blasted Merz. “I believe it is wrong,” she began in fresh comments. It marks an unprecedented intervention by the former leader since she stepped down from politics in December 2021. As is custom the former chancellor has been silent for years after leaving power. It appears the intervention worked as the conservatives on Friday have failed to pass the measure.

According to the vote and the latest:
• GERMAN CONSERVATIVES FAIL WITH FAR RIGHT-BACKED MIGRATION BILL
• GERMAN LOWER HOUSE REJECTS OPPOSITION’S DRAFT LAW ON TIGHTENING MIGRATION POLICY
• The breakdown: For: 338; Against: 350; Abstentions: 5
• Apart from Merz’s conservative CDU/CSU bloc, which submitted the immigration bill, three other opposition parties — the far-right AfD, the pro-business Free Democrats and the far-left BSW — had signaled their support. Together, they had 372 seats in parliament, more than the 367 required for a majority, and there’s a handful of independents who may also support it.
• BBG: After that result and a moment of shocked silence, the conservative leader Friedrich Merz left the chamber with sunken shoulders, his immigration bill having been unexpectedly defeated. The breakdown of the vote showing which lawmakers might have broken ranks will be an interesting read.
• Early reaction from Chancellor Scholz’s Social Democrats, a post on X from SPD Health Minister Karl Lauterbach: “What a disgrace. The whole maneuver was in vain and only damaged democracy.”

She had used the opportunity to ‘remind’ everyone there should never be any association whatsoever between the mainstream parties and the AfD. She wagged her finger at Merz for breaching the longstanding “firewall” against the AfD. They are supposed to be shunned politically… but no longer. “I think it is wrong to no longer feel bound to this proposal, thereby allowing a majority with the votes of the AfD in a vote in the German Bundestag for the first time on 29 January 2025,” she wrote on her website. The walls are closing in, and AfD party officials are grabbing the popcorn to enjoy the mainstream fallout and shrieking. Without doubt, panic is truly setting in, revealed also in how quickly anti-AfD politicians have been in invoking fears of a return to Nazis and the Holocaust:

Centre-left Chancellor Olaf Scholz charged that Merz’s tactical manoeuvre was a breach of his previous promises to shun the AfD and left him “open to the accusation that he is untrustworthy”. Scholz even raised the spectre of Merz, if he wins, one day allowing the AfD into a government — a scenario that horrifies the mainstream parties in the country still seeking to atone for the Nazi regime and the Holocaust. “Conservatives who are supporters of Nazis cannot become coalition partners,” said the co-leader of the Green Youth, Jakob Blasel. He described that this means under Merz, the “Greens must not enter a coalition with the CDU and CSU.” And Robert Habeck, the chancellor candidate for the Greens, dramatically declared it a “turning point” in Germany. “Friedrich Merz and the Union have abandoned the consensus of the political center of this house not to make common cause with the extremes,” wrote Habeck.

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“President Trump has reportedly indicated that if Republicans torpedo either Tulsi or RFK Jr., it will mean “war”.

Tulsi Slams Deep State At Confirmation Hearing: I Refuse To Be Their Puppet (MN)

During her confirmation hearing to become President Trump’s head of national intelligence, Tulsi Gabbard hit back at Democrats and RINO ‘conservatives’ who have spent months smearing her as a Russian asset or a threat to national security. During opening remarks, Gabbard cited examples of how the intelligence community agencies have been politicised against Trump and his supporters, asserting “this must end.” Gabbard urged that Trump’s massive victory serves as a mandate from Americans to overhaul the intelligence apparatus which has been infested and weaponised by deep state operatives. Gabbard emphasized that the reason she has been so vilified and even placed on a terror watchlist is because she refuses to act as just another puppet.

“Those who oppose my nomination imply that I am loyal to something or someone other than God, my own conscience, and the Constitution of the United States—accusing me of being Trump’s puppet, Putin’s puppet, Assad’s puppet, a guru’s puppet, and Modi’s puppet—without recognizing the absurdity of simultaneously being the puppet of five different puppet masters,” Gabbard stated. She added, “The same tactic was used against President Trump and failed. The American people elected President Trump with a decisive victory and a mandate for change. The fact is, what truly unsettles my political opponents is that I refuse to be their puppet.” In a Fox News interview following the hearing, GOP Senator Josh Hawley warned Gabbard’s confirmation could be in jeopardy because of Republicans bowing to the deep state.

https://twitter.com/i/status/1885142057309921590

President Trump has reportedly indicated that if Republicans torpedo either Tulsi or RFK Jr., it will mean “war”.

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Bob Menendez gets 11 years for accepting bribes from Egypt. Bernie and Pocahontas get to keep their Senate seats despite millions from big Pharma.. “How does this differ from the $1,417,811 bribe that Big Pharma pays in campaign contributions to Senator Bernie Sanders or the $821,941 campaign contribution Big Pharma pays to Senator Elizabeth Warren?”

The Arbitrary Hypocrisy of American “Justice” (Paul Craig Roberts)

US Democrat Senator Bob Menendez, Chairman of the Senate Foreign Relations Committee was sentenced to eleven years in prison by federal district judge Sidney Stein for acting as an illegal agent for Egypt and accepting cash and gold bars as payment. How does this differ from the $1,417,811 bribe that Big Pharma pays in campaign contributions to Senator Bernie Sanders or the $821,941 campaign contribution Big Pharma pays to Senator Elizabeth Warren? If you think these sums don’t make Sanders and Warren agents of Big Pharma, you are out of your mind. Warren is doing her Big Pharma assigned job by trying to block Robert Kennedy’s confirmation as Secretary of Health and Human Services. Congress is up for sale, and it is purchased with campaign contributions. Everyone in Washington knows that members are purchased by lobby groups, such as Big Pharma, the military/security complex, agribusiness, energy, the Israel Lobby, and so on.

A corrupt or stupid Supreme Court legalized the purchase of the US government by lobby groups. This is the reason that Congress does not represent the people who elect Congress. You can blame your lack of representation squarely on the US Supreme Court. One can’t help but wonder if there were under the table payoffs. An uninformed person might answer that Menendez was paid personally, whereas campaign contributions are not personal money. But, in fact, retiring members are entitled to take their election war fund with them. Those planning to retire pay attention to building up their re-election funds. An uninformed person might say that Menendez’s payments came from a foreign government, whereas campaign contributions are coming from American interests.

But what about the vast sums that Israel pours into purchasing the US government? What is the difference between Egypt and Israel? The difference is that AIPAC is not required to register as foreign agent and is treated as an American lobby group. All efforts to have AIPAC register as a foreign agent have been blocked. Many Zionist neoconservatives have gotten away with accepting money from Israel without having to register as representing a foreign agent. Consider also that every year the Congress appropriates billions of dollars to Israel which Israel uses to purchase the US government with campaign contributions. Our own money is used to enslave us to Israel and Jewish interests. You can see how complete Israel’s ownership of the US government is by Congress’ invitation to Genocide Netanyahu to address the US Congress and award him 53 standing ovations while he conducts genocide against Palestine.

Generally speaking, when a senator or representative is prosecuted by the Justice (sic) Department it means someone wants him out of the way. It is unclear why Menendez was in the way. He was essential on the Senate Foreign Relations Committee in getting the sanctions on Russia in place. It is unclear what he could have done for Egypt that would harm any of Washington’s interests. The sanctimonious judge Stein said: “The public cannot be led to the belief that you can get away with bribery, fraud, and betrayal.” The judge doesn’t know what he is talking about. Lobbies get away with bribing every member of the House and Senate every day. How can Trump make America Great Again when lobbies own the government?

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“Behind these histrionics by the big gators and peccaries of the collapsing Democratic Party is pure scintillating fear.”

Six Ways From Sunday (Jim Kunstler)

Was it the miasma of cognitive dissonance blackening the air-space over the DC swamp that caused the deadly collision of AA Flight 5342 and a Blackhawk Helicopter this week — an impenetrable fog arising from the fetid exhalations of so many hyperventilating swamp creatures brooding between the urges of fight-or-flight as Mr. Trump deploys his chosen pest-controllers across the Potomac Basin? Altogether, these many parasitical swamp creatures make up the greater DC blob, and the blob convulsing and fibrillating is what you witness in these committee hearings with Bobby, Tulsi, and Kash. For instance, fake “progressive” Bernie Sanders (D-VT) faced with the reveal that he leads his colleagues in pharma “contributions” (just under $2-million) . . . or fake Cherokee Elizabeth Warren (D-MA) in a fugue state over the perceived threat of Mr. Kennedy to pharma profits . . . or presidential pardon recipient Adam Schiff (D-CA) lecturing Mr. Patel on ethical behavior. . . or Ms. Gabbard enduring the meltdown of Senate Intel Committee tool Michael Bennet (D-CO).

Behind these histrionics by the big gators and peccaries of the collapsing Democratic Party is pure scintillating fear. They are afraid that all of their hoaxes and lies of recent years will be exposed in the months ahead. And they fear that such exposure might lead eventually to legal complications for them. All of that implies loss-of-power, the single element that demonically drives their careers. The fact is they have already lost their grip on the levers of power and, for the moment, that is all that matters. They especially no longer control the Department of Justice, its subsidiary, the FBI, the many public health agencies under Health and Human Services, and the many-footed intel “community,” as it styles itself. These agencies are where the truth about our national affairs has been locked up.

Now, the citizens will either see what’s there, or find out what has been deliberately destroyed — such as the internal agency email correspondence over RussiaGate, the Covid-19 operation (and the deadly vaxx campaign), the J-6 affair (and the pipe-bomb sideshow), the weird, documented irregularities of the 2020 election, the Ukraine War money-laundering shenanigans, the manifold janky DOJ prosecutions of Mr. Trump, and much more. Every day now since January 20, heads explode all over DC as the executive orders roll out and the insanity of whatever lurked behind “Joe Biden” gets systematically expunged from the order of things. And as this happens, the more plainly deranged the past four years looks. Did they really believe that men dressing-up as women would improve the US military? Or was it a traitorous effort to weaken and demoralize our armed forces? Was DEI a public ethics exercise or a massive jobs program for incompetents?

In what way did “Joe Biden’s” Department of Homeland Security imagine that funneling known criminals, certified lunatics, and saboteurs across the border squared with their duty to protect and defend the country? And how did it happen that US taxpayers’ money got shelled out to fake “religious” NGOs in Mexico minting debit cards for border-jumpers, handing them wads of cash, cell phones, airplane tickets, fully-equipped backpacks, and apps for evading arrest? In effect these NGOs took over the exact job description of “coyote” formerly performed by the criminal cartels — leaving the cartels free for the more lucrative rackets of dealing fentanyl and trafficking women and children.

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Leave Bitcoin to the people.

Trump is Not Going to Make US Into ‘Bitcoin Superpower’ (Sp.)

The 46th POTUS’ boasts about making the United States a global cryptocurrency powerhouse are likely just that, boasts, veteran financial analyst Paul Goncharoff tells Sputnik. The fact is that Trump is the president of the United States, “which governs the trust in, use, and control of the US dollar and not a trustless cryptocurrency like BTC, XRP, USDT, or USDC.” The US government establishing a “100% ownership and control” of a cryptocurrency, on the other hand, would simply “defeat the purpose of trustless crypto,” so the odds of a US dollar CBDC emerging anytime soon are pretty low. That said, there are no obstacles for the US government to hold crypto assets as part of its reserves – all it needs it proper legislation and congressional approval.

The loosening of crypto regulations expected under Trump, however, carries certain risks as “the clarity of what will be regulated is still missing” and “markets dislike uncertainty; it makes them jittery.” There is also “every chance” that, just like “with any other investable that comes under the influence of hype, reality, and again hype,” Trump’s actions would lead to a crypto bubble. For example, some crypto could be hyped as “the crypto of choice for classic institutional investors” and experience mass investment, only for the ensuing bubble to burst when “sobering fact of reality and the complex interaction of politics and finance make themselves known.”

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“..President Trump [..] has asked Elon Musk “to go get our astronauts stranded in orbit.” Musk responded: “will do.” Most likely it will be at his own expense..”

Third World US Cannot Get Its Astronauts Home From Space (Paul Craig Roberts)

US Corporations, Universities, and government have driven America so deep into third world existence that Washington is incapable of rescuing its astronauts trapped in space for 200 days. Butch Wilmore and Suni Williams made what was supposed to be an eight day trip to the International Space Station and have been suck there for seven months because the United States is no longer sufficiently competent to bring them home. It was 55 years ago that Americans walked on the moon. In the years since, DEI universities have graduated ignorance instead of competence, US corporations have offshored American manufacturing and industrial capability, and a corrupt government has favored wars in behalf of Israel over everything else.

So the great, hegemonic, “superpower” cannot bring its astronauts home. Biden was too embarrassed to ask Putin to rescue the Americans. So President Trump, acknowledging America’s incapacity as a government, has asked Elon Musk “to go get our astronauts stranded in orbit.” Musk responded: “will do.” Most likely it will be at his own expense as Washington has spent its money financing Israel’s wars against Arabs and NATO’s war against Russia. To make America Great Again, a country run deep into the ground by scum Democrats, scum RINOs, scum presstitutes, and scum Woke leftwing sub-creatures, Trump has a huge task, one that scum Democrat and RINO Republican judges will try to block at every turn.” It is a fight to the death. If MAGA Americans are not prepared to fight to the death, they will lose.

Read more …

“..legally binding instruments for preventing an arms race in outer space, including tools to prohibit the deployment of space-based weapons..”

Trump Wants To Revive ‘Star Wars’ – Zakharova (RT)

US President Donald Trump’s directive to create an American ‘Iron Dome’ missile defense system is a destabilizing step towards the weaponization of space, Russian Foreign Ministry spokeswoman Maria Zakharova has said. Trump’s executive order to develop advanced missile defenses, issued earlier this week, authorizes the creation of “space-based interceptors,” among other things, the diplomat told reporters on Friday. “We see this as yet another confirmation of the US focus on turning space into an arena for armed confrontation, warfare, and the deployment of weapons,” Zakharova said.

This would “completely discredit” the previous US administration’s initiative to develop “certain norms, rules and principles” of behavior in space, and would violate the ban on testing direct-ascent and satellite-killer missiles, she added. Trump’s decisions “indicate Washington’s intention to actively develop and expand deeply destabilizing military programs,” Zakharova said, noting that it would expand missile defenses “to a scale comparable to Reagan’s ‘Star Wars’.” President Ronald Reagan had envisioned a missile shield as part of the Strategic Defense Initiative (SDI), a Cold War program nicknamed ‘Star Wars’ at the time. Reagan’s proposal touched off an arms race between the US and the Soviet Union.

The US never managed to develop the space-based weapons Reagan wanted, however, and the tensions eventually waned with the signing of several arms-control treaties. Washington has since abrogated almost all of them, including the ABM treaty banning strategic missile defenses to the INF treaty limiting short- and intermediate-range missiles in Europe. Trump’s program is “openly aimed” at devaluing the Russian and Chinese strategic deterrent, which “will not contribute to reducing tensions or improving the situation in the strategic sphere, including creating a basis for a fruitful dialogue on strategic armaments,” Zakharova said on Friday. Such dangerous ideas reinforce the importance of Russia’s proposals to create legally binding instruments for preventing an arms race in outer space, including tools to prohibit the deployment of space-based weapons, she added.

The January 27 executive order instructs the Pentagon to create a plan for protecting the US territory from “ballistic, hypersonic, advanced cruise missiles, and other next-generation aerial attacks from peer, near-peer, and rogue adversaries” using a multi-layered missile shield. Such an “Iron Dome” – a name borrowed from Israel’s short-range missile defense – would include the “development and deployment of proliferated space-based interceptors,” capable of shooting down incoming ballistic missiles during their boost phase, as well as unspecified “capabilities to defeat missile attacks prior to launch,” according to the text of the order.

Read more …

Who is stealing from whom?

The US is Turning Into a Crybaby Empire (Sp.)

Washington seems to have developed a new habit — throwing tantrums whenever it falls behind. When did “American greatness” turn into nonstop whining?

‘Hostile’ BRICS dares to challenge ‘mighty US dollar’ US President Donald Trump has once again threatened BRICS countries with 100% tariffs if they dare to create a new currency — despite Russian President Vladimir Putin already clarifying that a unified BRICS currency isn’t even on the table.

DeepSeek: the latest ‘stolen’ US tech scandal Trump declared that the Chinese DeepSeek platform’s market success “should be a wake-up call for our industries that we need to be laser-focused on competing to win.” (Jan 28). His commerce secretary nominee, Howard Lutnick, immediately jumped in to claim that China’s powerful AI model was built on “stolen” US technology and advanced semiconductors. (Jan 29)

Hypersonic weapons: Russia ‘stole’ those too? Trump alleged — without evidence — that Russia “stole” US hypersonic missile designs during the Obama administration. (Jan 23) He made the same claim in 2020, again in 2023, and now, yet again in 2024. Moscow has consistently shredded and mocked these accusations.

China ‘stole’ American jobs Trump has repeatedly blamed China for “stealing” American manufacturing jobs. However, it was American companies that eagerly rushed to China in the 1980s after its economic reforms under Deng Xiaoping.

TikTok is bad… because it calls the shots “Essentially, with TikTok, I have the right to sell it or close it,” Trump declared on Jan 20. Washington has repeatedly tried to ban the popular Chinese social media app — which is used by at least one-third of US adults — and twist China’s arm to force the sale of TikTok’s US operations.

Read more …

 

 

 

 

DeepSeek

 

 

Hornbill

 

 

Tape

 

 

Duck support
https://twitter.com/i/status/1885140945395765688

 

 

Herds
https://twitter.com/i/status/1884996373067472967

 

 

ATGB
https://twitter.com/i/status/1885069255374147648

 

 

 

 

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Jan 242019
 


René Magritte The black flag 1937

 

One thing I am not is an expert on Venezuela. What I know is the country has the world’s largest oil reserves, mainly in the Orinoco Belt, but they come in a form of tar sands that while they are not as hard to exploit as Canada’s (viscosity), they’re far from easy, and buried deep. And I know Venezuela had Hugo Chávez as its president, who, for a socialist, was quite successful at what he did (depending who you ask).

And I know of course that the US yesterday recognized an opposition leader, Juan Guaido, as the ‘real’ president of Venezuela, instead of the elected Nicolas Maduro, whom Chávez picked as his successor. Soon as I read that, I thought: CIA. If Chávez, and Maduro, are hated in one place in the world, look no further than Langley, Virginia.

So I looked up a few articles I though would be interesting to read. The first comes from a site called Venezuela Analysis, an entity recommended for Venezuela news. They had the article below, but also this enlightening picture:

Note: in 2002, coincident with the attempted coup against Chávez, half the employees at state oil company PDVSA went on strike. They must have felt like clowns, too, 48 hours later.

The article explains what happened in terms you can find everywhere (but are perhaps good to note), except for the last bit:

 

Venezuelan Opposition Leader Guaido Declares Himself President, Recognized by US and Allies

Opposition leader Juan Guaido swore himself in as “interim president” of Venezuela on Wednesday, a move which was immediately recognized by the United States and regional allies. “As president of the National Assembly, before God and Venezuela, I swear to formally assume the competencies of the national executive as interim president of Venezuela,” he declared before an opposition rally in eastern Caracas.

Guaido had already proclaimed on several occasions that he was “ready” to assume the responsibilities of the executive branch, as the US was reportedly considering recognizing him as “interim president.” US authorities reacted swiftly, with President Donald Trump, Secretary of State Mike Pompeo and Senator Marco Rubio immediately voicing their recognition of Guaido as Venezuela’s interim president.

“I will continue to use the full weight of United States economic and diplomatic power to press for the restoration of Venezuelan democracy,” Trump said in a statement. Washington’s regional allies, including Canada, Brazil, Argentina, Colombia and other members of the so-called Lima Group, were quick to follow suit, giving their backing to the 35-year-old opposition politician.

The Lima Group had set the tone in early January with a statement refusing to recognize Maduro’s second term. Meanwhile, Cuba and Bolivia expressed their support for Maduro, while Uruguay and the new Lopez Obrador government in Mexico refused to recognize Guaido as president and called for dialogue to “avoid an escalation of violence.” Russia and Turkey likewise indicated that their relations with Maduro administration were unchanged.

This last paragraph may be the most important and revealing bit of news we see today:

[..] Torino Capital Chief Economist Francisco Rodriguez, who advised defeated opposition presidential candidate Henri Falcon last year, wrote on Twitter that the recognition from the Trump administration makes it possible for Guaido, or a presumed transition government, to take charge of Venezuelan assets on US soil, such as state oil company PDVSA’s largest subsidiary, CITGO. It could also prevent the Venezuelan government from invoicing payments for oil shipments.

Without CITGO life becomes hard for Maduro, very hard. The company has extensive refining and chemicals capacity in the Houston area, but the US hasn’t been able to touch it until now. If they get enough allies to recognize their CIA puppet as president, they can close it down, sell it off to Exxon, anything they want. But we’re not there yet.

Russia has been very outspoken in its opinions about what’s going on. Its Rosneft oil company has large assets in Venezuela. Just like China has huge loans outstanding in the country. And though it’s hard to gauge how strong the people’s support is for Maduro (don’t believe everything you read), there’s no doubt where the army stands. The whole top brass was on TV today pledging loyalty to the government.

Turkey also came out strong in favor of Maduro. A Turkish site named Yeni Safak talks about social media as an intelligence tool:

 

CIA Launches Media Campaign To Ignite Protests Against Venezuela’s Maduro

The CIA is backing Washington’s decision to recognize Venezuela’s opposition leader Juan Guaido as president by manipulating the public opinion against democratically-elected President Nicolas Maduro and the legitimate government over social media platforms. [..] Millions of posts designed to instigate Venezuelans against the country’s legitimate president, Nicolas Maduro, were shared in a very short time to kindle a social unrest against Maduro.

Assoc. Prof. Dr Levent Eraslan unveiled the striking details of the U.S’s perception and deception strategies [..] Stressing the U.S. national intelligence’s strategy report in 2019 that consists Pentagon’s intervention in Venezuelan politics, Eraslan said, “The role of ‘machine learning’ and providing data to decision makers by determining political instabilities through social media were emphasized in the report.”

Noting that thousands of tweets that have been shared from different accounts in the last two days, “People are being called to take streets to overthrow the elected president. The efforts to trigger rebellion and push this process into a bloody situation through social media networks such as Twitter, YouTube, and Facebook can be observed,” he concluded.

This is from Volkan at DutchTurks; nothing is new (except Facebook as a regime change instrument):

 

 

Hugo Chávez was president of Venezuela from 1999 to his death of cancer in 2013. Whatever you may think of the man, and you don’t have to think hard to know what the CIA thought of him, have you ever wondered why the rampant runaway inflation the country has suffered lately, and which has been blamed by many on ‘socialism’, was not happening while socialist Chávez was alive? This from a site named War Is Boring provides at least some ideas as to why.

 

To Understand Venezuela’s Crisis, Look to the Past … and the CIA

Chavez died of cancer in 2013, and now five years later it seems that his socialist dream, like Allende’s, has failed. Under his successor Pres. Nicolas Maduro, Venezuela has descended into economic and political chaos. Hyperinflation has beset the country, with prices rising at an annualized rate of 1,000,000 percent.

Shortages of basic necessities such as toilet paper and bread have caused mass unrest, culminating in violent protests. Now there is open talk about the need to overthrow Maduro or remove him from power, perhaps through U.S. military intervention.

[..] In Venezuela the figure of Chavez precluded an overthrow of the government there. We know this for a fact because a coup against him in 2002 lasted a matter of hours before mass uprisings and a lack of support from the military forced the plotters to surrender. Chavez was a controversial figure, hated by significant elements of Venezuelan society, but beloved by a majority of the largely poor country and respected by the military.

Chavez announced the return of his cancer in the fall of 2012 and died in March 2013. The current economic crisis kicked into high gear in the late summer of 2012, with inflation — typically high, but manageable — suddenly growing at an exponential rate. The cause typically cited by Western media — a precipitous fall in oil prices — occurred a full two years after the crisis began.

 

[..] Since 2012 Venezuela has faced a twin plague of shortages and rampant inflation. Venezuelan economist Pasqualina Curcio makes the case in her 2016 book The Visible Hand of the Market: Economic Warfare in Venezuela that both phenomena cannot be explained through normal economics, but rather by political causes.

Shortages have been a feature of Venezuelan life since Chavez came to power in 1999, with their magnitude growing over time. Yet over the course of years when Venezuela saw steadily and then sharply increasing shortages both imports and domestic production were also rising. If more products are being brought into the country, and more are being produced, but consumers are experiencing shortages, it begs the question of where the stuff went.

[..] As for inflation, the factors typically involved with currency devaluation–a shortage of foreign reserves or increased liquidity–have not coincided with inflation spikes. Nor has the state hoarded foreign currency as many claim. Curcio shows that 94 percent of foreign reserves were distributed to the private sector, and these distributions have grown over time.

It appears that manipulation of currency black markets — a phenomenon that happened in Chile under Allende as well — and then adoption of this inflated exchange rate by importers to spike the costs of necessary goods, services, and industrial inputs neatly produces the sort of induced inflation plaguing Venezuela today.

Russian foreign minister Lavrov put it nice and succinctly:

The US, which is paranoid about somebody interfering in their elections, even though they have no proof of that, themselves are trying to rule the fates of other peoples. What they actually do is interfere in their internal affairs. There is no need for [US special counsel Robert] Mueller to determine that.

American regime change in other countries is something that perhaps the rest of the world is getting tired of. America instigating chaos in its own southern backyard, like it has for years in the Middle East and North Africa, is getting old in the eyes of many. And the CIA can get Trump to support their puppet, but Trump knows nothing about Venezuela, other than that there’s lots of oil there, and that makes him a CIA puppet too.

Not a good idea.

A lot of what has led up to the present coup has been the US flexing its financial muscle. But the American economy isn’t doing all that great, so it’s not just flexing that muscle, it’s also stretching it. And yeah, there’s an old set of Venezuelan domestic interests that has been faithful, just like there was one in Cuba, but that’s all in the past. That was way back when the US could get away with bullying the whole neighborhood.

And it shouldn’t want to do that anymore. Neither the bullying nor the living in the past.

Not good ideas either.

 

 

Nov 082017
 
 November 8, 2017  Posted by at 1:47 pm Finance Tagged with: , , , , , , , , , , ,  12 Responses »


Salvador Dalí The oecumenial council 1960

 

Trying to figure out what on earth is happening in the Middle East appears to have gotten a lot harder. Perhaps (because) it’s become more dangerous too. There are so many players, and connections between players, involved now that even making one of those schematic representations would never get it right. Too many unknown unknowns.

A short and incomplete list of the actors: Sunni, Shiite, Saudi Arabia, US, Russia, Turkey, ISIS, Syria, Iran, Iraq, Libya, Kurds, Lebanon, Hezbollah, Hamas, Qatar, Israel, United Arab Emirates (UAE), Houthis, perhaps even Chechnya, Afghanistan, Pakistan. I know I know, add your favorites. So what have we got, or what do we know we’ve got? We seem to have the US lining up with Israel, the UAE and Saudi Arabia against Russia, Iran, Syria, Hezbollah. Broadly. But that’s just a -pun intended- crude start.

Putin has been getting closer to the Saudis because of the OPEC production cuts, trying to jack up the price of oil. Which ironically has now been achieved on the heels of the arrests of 11 princes and scores of other wealthy and powerful in the kingdom. But Putin also recently signed a $30 billion oil -infrastructure- deal with Iran. And he’s been cuddling up to Israel as well.

In fact, Putin may well be the most powerful force in the Middle East today. Well played?! He prevented the demise of Assad in Syria, which however you look at it at least saved the country from becoming another Iraq and Libya style failed state. If there’s one thing you can say about the Middle East/North Africa it’s that the US succeeded in creating chaos there to such an extent that it has zero control left over any of it. Well played?!

 

One thing seems obvious: the House of Saud needs money. The cash flowing out to the princes is simply not available anymore. The oil price is a major factor in that. Miraculously, the weekend crackdown on dozens of princes et al, managed to do what all the OPEC meetings could not for the price of oil: push it up. But the shrinkage of foreign reserves shows a long term problem, not some momentary blip:

 

 

Another sign that money has become a real problem in Riyadh is the ever-postponed IPO of Saudi Aramco, the flagship oil company supposedly worth $2 trillion. Trump this week called on the Saudi’s to list it in New York, but despite the upsurge in oil prices you still have to wonder which part of that $2 trillion is real, and which is just fantasy.

But yeah, I know, there’s a million different stocks you can ask the same question about. Then again, seeing the wealth of some of the kingdom’s richest parties confiscated overnight can’t be a buy buy buy signal, can it? Looks like the IPO delay tells us something.

And then you have the 15,000 princes and princesses who all live off of the Kingdom’s supposed riches (‘only 2,000’ profit directly). All of them live in -relative- wealth. Some more than others, but there’s no hunger in the royal family. Thing is, overall population growth outdoes even that in the royal family. Which means, since the country produces nothing except for oil, that there are 1000s upon 1000s of young people with nothing to do but spend money that’s no longer there. Cue mayhem.

 

 

And things are not getting better, Saudi Arabia loses money on every barrel it produces. There are stories about them lowering their break-even price, but let’s take that with a few spoonfuls of salt. A 25% drop in break-even prices in just one year sounds a bit too good. Moreover, main competitors like Iran would still have a much lower break-even price. So even if prices would rise further, the Saudi’s might only break even while Iran gets much richer. Running vs standing still.

 

Saudi Arabia Leads Gulf Nations in Cutting Break-Even Oil Price

Saudi Arabia, OPEC’s biggest oil producer, is also a leader when it comes to slashing the crude price the country needs to balance its budget. The kingdom will need oil to trade at $70 a barrel next year to break even, the IMF said Tuesday in its Regional Economic Outlook for the Middle East and Central Asia. That’s down from a break-even of $96.60 a barrel in 2016, the biggest drop of eight crude producers in the Persian Gulf. The break-even is a measure of the crude price needed to meet spending plans and balance the budget.

 

 

Gulf oil producers are cutting spending and eliminating subsidies after crude plunged from more than $100 a barrel in 2014 to average just over half that this year. The need to curb spending is more urgent with the Organization of Petroleum Exporting Countries cutting output to reduce a global glut. Oil will trade at $50 to $60 a barrel for the “medium term,” the IMF said.

 

 

So a thorough cleansing job of the royal family is perhaps inevitable, albeit very risky. King Salman and crown prince Mohammed bin Salman are up against a very large group of rich people. But there’s no way back now.

 

Saudi Banks Freeze More Than 1,200 Bank Accounts in Anti-Corruption Purge

Saudi Arabian banks have frozen more than 1,200 accounts belonging to individuals and companies in the kingdom as part of the government’s anti-corruption purge, bankers and lawyers said on Tuesday. They added that the number is continuing to rise. Dozens of royal family members, officials and business executives have been detained in the crackdown and are facing allegations of money laundering, bribery, extorting officials and taking advantage of public office for personal gain. Since Sunday, the central bank has been expanding the list of accounts it is requiring lenders to freeze on an almost hourly basis…

Much more will have to follow that. Doing a half way job is far too risky once the job has started. Not even $800 billion sounds like all that much. Separate families and factions within the royal family have had decades to accumulate wealth.

 

Saudi Crackdown Targets Up to $800 Billion in Assets

The Saudi government is aiming to confiscate cash and other assets worth as much as $800 billion in its broadening crackdown on alleged corruption among the kingdom’s elite, according to people familiar with the matter. Several prominent businessmen are among those who have been arrested in the days since Saudi authorities launched the crackdown on Saturday, by detaining more than 60 princes, officials and other prominent Saudis, according to those people and others. The country’s central bank, the Saudi Arabian Monetary Authority, said late Tuesday that it has frozen the bank accounts of “persons of interest” and said the move is “in response to the Attorney General’s request pending the legal cases against them.”

The most visible – and perhaps richest- of all those arrested -in western eyes- is Al-Waleed. The Bloomberg estimate of his wealth that came out this week is $19 billion. But their own article seems to indicate a much higher number. He owns 5% of Apple -says Bloomberg-, and that share alone would be worth $45 billion.

 

Alwaleed, Caught in Saudi Purge, Has Assets Across the World

Apple – Alwaleed bought 6.23 million shares, or 5 percent, of the computer and mobile-device maker for $115.4 million in 1997. He made these purchases between mid-March and April of that year while the company was still struggling to turn itself around. He has since continued to hold the stake while Apple’s valuation has soared to as high as $900 billion.

 

Going through all these numbers, you can imagine why the ruling family, or rather the rulers within that family, are getting nervous. And that’s where we get to an interesting piece by Ryan Grim at the Intercept, who says it’s not even 32-year-old crown prince Mohammed bin Salman, known as MBS, or King Salman, 81, who control the kingdom these days, it’s the United Arab Emirates (UAE) -and maybe Washington-.

The coup has already been perpetrated.

 

Saudi Arabia’s Government Purge – And How Washington Corruption Enabled It

The move marks a moment of reckoning for Washington’s foreign policy establishment, which struck a bargain of sorts with Mohammed bin Salman, known as MBS, and Yousef Al Otaiba, the United Arab Emirates ambassador to the U.S. who has been MBS’s leading advocate in Washington. The unspoken arrangement was clear: The UAE and Saudi Arabia would pump millions into Washington’s political ecosystem while mouthing a belief in “reform,” and Washington would pretend to believe that they meant it.

MBS has won praise for some policies, like an openness to reconsidering Saudi Arabia’s ban on women drivers. Meanwhile, however, the 32-year-old MBS has been pursuing a dangerously impulsive and aggressive regional policy, which has included a heightening of tensions with Iran, a catastrophic war on Yemen, and a blockade of ostensible ally Qatar. Those regional policies have been disasters for the millions who have suffered the consequences, including the starving people of Yemen, as well as for Saudi Arabia, but MBS has dug in harder and harder. And his supporters in Washington have not blinked.

The platitudes about reform were also challenged by recent mass arrests of religious figures and repression of anything that has remotely approached less than full support of MBS. The latest purge comes just days after White House adviser Jared Kushner, a close ally of Otaiba, visited Riyadh, and just hours after a bizarre-even-for-Trump tweet. Whatever legitimate debate there was about MBS ended Saturday — his drive to consolidate power is now too obvious to ignore. And that puts denizens of Washington’s think tank world in a difficult spot, as they have come to rely heavily on the Saudi and UAE end of the bargain.

As The Intercept reported earlier, one think tank alone, the Middle East Institute, got a massive $20 million commitment from the UAE. And make no mistake, MBS is a project of the UAE — an odd turn of events given the relative sizes of the two countries. “Our relationship with them is based on strategic depth, shared interests, and most importantly the hope that we could influence them. Not the other way around,” Otaiba has said privately.

The kingdom’s broke. Not today, or tomorrow morning, but crown prince MBS is able to look at the numbers and go: Oh Shit! And if he doesn’t see it, he has Kushner (re: Israel) and Al-Otaiba to fill him in. All three relative youngsters -MBS is 32, Kushner is 36, Otaiba is 43- are exceedingly nervous by now.

And then you get war, or the threat of war. War in Yemen, a blockade of Qatar, and now ‘mingling’ in Lebanon with the somewhat mysterious removal of billionaire PM Hariri -allegedly on an Iran/Hezbollah assassination plot-, and outright threats against Iran and Hezbollah:

 

Lebanon’s Hariri Visits UAE As Home Crisis Escalates

Lebanon’s outgoing prime minister, Saad al-Hariri, made a brief visit to the United Arab Emirates from Saudi Arabia on Tuesday despite a deepening crisis back home and a rise in regional tensions triggered by his surprise resignation. Hariri announced his resignation on Saturday during a visit to his ally Saudi Arabia and has not yet returned to Lebanon. He said he believed there was an assassination plot against him and accused Iran, Saudi Arabia’s arch-rival, and its Lebanese ally Hezbollah of sowing strife in the Arab world.

His resignation has thrust Lebanon back into the frontline of the regional rivalry that pits a mostly Sunni bloc led by Saudi Arabia and allied Gulf monarchies against Shi‘ite Iran and its allies. Hariri’s office said he had flown to Abu Dhabi on Tuesday and then returned to Riyadh, but it gave no reason for the trip. It also did not say when he would return home. Hariri’s Future TV channel said he would also visit Bahrain but gave no reason.

In short: billionaire PM Hariri is a puppet. Just perhaps not of Saudi Arabia, but of Abu Dhabi. Whether he’s under house arrest in Riyadh, as has been suggested, is still unclear. But it’s a safe bet that he didn’t fly to Abu Dhabi -and back- alone, or of his own accord. He went to receive instructions.

 

Saudi Arabia Accuses Iran Of ‘Direct Military Aggression’ Over Yemen Missile

Saudi Arabia’s crown prince has accused Iran of “direct military aggression” by supplying missiles to Houthi rebels in Yemen, raising the stakes in an already tense standoff between the two regional rivals. Mohammed bin Salman linked Tehran to the launch of a ballistic missile fired from Yemen towards the international airport in the Saudi capital of Riyadh on Saturday. The missile was intercepted and destroyed.

“The involvement of the Iranian regime in supplying its Houthi militias with missiles is considered a direct military aggression by the Iranian regime,” the prince said on Tuesday during a phone conversation with the UK foreign secretary, Boris Johnson, according to the state-run Saudi Press Agency. He added that the move “may be considered an act of war against the kingdom”. Iran has called Riyadh’s accusations as baseless and provocative.

We have way of knowing what is true or not about this. We do know that Saudi Arabia have been executing a barbaric war in Yemen. With weapons from the US, UK, et al. So someone firing back wouldn’t be that far-fetched.

 

Regardless, Pepe Escobar, a journalist who knows much more than his peers, or at least doesn’t hold back as much as them, doesn’t see this end well for MBS, UAE, Israel, US, and whoever else is in their corner. Another losing war for the US in the Middle East? We’re losing count.

 

The Inside Story Of The Saudi Night Of Long Knives

A top Middle East business/investment source who has been doing deals for decades with the opaque House of Saud offers much-needed perspective: “This is more serious than it appears. The arrest of the two sons of previous King Abdullah, Princes Miteb and Turki, was a fatal mistake. This now endangers the King himself. It was only the regard for the King that protected MBS. There are many left in the army against MBS and they are enraged at the arrest of their commanders.” To say the Saudi Arabian Army is in uproar is an understatement. “He’d have to arrest the whole army before he could feel secure.”

[..] The story starts with secret deliberations in 2014 about a possible “removal” of then King Abdullah. But “the dissolution of the royal family would lead to the breaking apart of tribal loyalties and the country splitting into three parts. It would be more difficult to secure the oil, and the broken institutions whatever they were should be maintained to avoid chaos.” Instead, a decision was reached to get rid of Prince Bandar bin Sultan – then actively coddling Salafi-jihadis in Syria – and replace the control of the security apparatus with Mohammed bin Nayef. The succession of Abdullah proceeded smoothly.

Power was shared between three main clans: King Salman (and his beloved son Prince Mohammed); the son of Prince Nayef (the other Prince Mohammed), and finally the son of the dead king (Prince Miteb, commander of the National Guard). In practice, Salman let MBS run the show. And, in practice, blunders also followed. The House of Saud lost its lethal regime-change drive in Syria and is bogged down in an unwinnable war on Yemen, which on top of it prevents MBS from exploiting the Empty Quarter – the desert straddling both nations. The Saudi Treasury was forced to borrow on the international markets. Austerity ruled …

[..] aversion to MBS never ceased to grow; “There are three major royal family groups aligning against the present rulers: the family of former King Abdullah, the family of former King Fahd, and the family of former Crown Prince Nayef.” Nayef – who replaced Bandar – is close to Washington and extremely popular in Langley due to his counter-terrorism activities. His arrest earlier this year angered the CIA and quite a few factions of the House of Saud – as it was interpreted as MBS forcing his hand in the power struggle. According to the source, “he might have gotten away with the arrest of CIA favorite Mohammed bin Nayef if he smoothed it over but MBS has now crossed the Rubicon though he is no Caesar. The CIA regards him as totally worthless.”

[..] The source, though, is adamant; “There will be regime change in the near future, and the only reason that it has not happened already is because the old King is liked among his family. It is possible that there may be a struggle emanating from the military as during the days of King Farouk, and we may have a ruler arise that is not friendly to the United States.”

In the end, it all comes down to a familiar theme: follow the money. And we need to seriously question the economic reality of Saudi Arabia. That graph above of their foreign reserves looks downright grim.

With money comes power. Who loses money loses power. Saudi Arabia is bleeding money. The population surge is uncanny, and there are no jobs for all these young people. Perhaps the best they can do is be a US/Israel puppet in an attempt to ‘redo’ the map of the Middle East, but that has not been a very successful project off late -like the past 100 years-.

Then again, when you’re desperate you do desperate things. And when you’re a 32-year-old crown prince with more enemies than you can keep track of, you use what money is left to 1) keep up appearances, 2) steal what others have gathered, 3) buy weapons up the wazoo, and 4) go to war.

It all paints a very dark picture for the world. Russia won’t stand for attacks on Iran. And Iran won’t let attacks on Lebanon/Hezbollah go unanswered. All that is set to push up oil prices further, and all parties involved are just fine with that. Because they can buy more weapons with the additional profits.

I’ll leave you with Nassim Taleb’s comments on the situation. After all, Nassim’s from Lebanon, and knows that part of the world like the back of his hand: