Sargels Toolbar- The Best Free Financial Solution

Confirmed Deaths In Ebola Outbreak Eclipse 1,000

2026-07-24T16:19:26.739-07:00

Confirmed Deaths In Ebola Outbreak Eclipse 1,000

Authored by Zachary Stieber via The Epoch Times,

The Ebola outbreak spreading in Africa has killed more than 1,000 people, authorities said on July 23.

A doctor provides care to a patient with Ebola virus disease at an Ebola treatment center in Bunia, Congo, on July 13, 2026. Benediction Murhabazi /AFP via Getty Images

The number of confirmed deaths from Ebola in Congo in recent months hit 1,033, Congolese authorities said.

Forty percent of the confirmed 2,536 patients have died.

Another 506 people have recovered, and 738 are currently in isolation or being treated in hospitals, according to officials in the central African country.

"Health teams are pursuing surveillance operations, case management, and contact tracing to contain the spread of the disease," Congo's Ministry of Communications said.

Teams have been able to track the contacts of 77 percent of patients in a bid to control the outbreak, much lower than the 90 percent threshold suggested as ideal by the World Health Organization.

The only other deaths confirmed in the outbreak are two in Uganda, which has not recorded any new cases in several weeks.

The outbreak was detected in Congo in mid-May, although it is believed to have started weeks or even months earlier. It is caused by the Bundibugyo virus, a rare type of ebolavirus for which there are no approved treatments or vaccines.

"These are people dying. They are dying because we don't have vaccines, we don't have medicine, we don't have funding," Dr. Jean Kaseya, director-general of the Africa Centers for Disease Control and Prevention, said during a summit in Ghana on Wednesday.

The Africa CDC and other entities have been seeking and have received tens of millions in funding from the United States and other countries to combat the outbreak, but say they need more funds and resources.

World Health Organization Director-General Tedros Adhanom Ghebreyesus told reporters earlier in July that the outbreak was "continuing to outpace the response" and that the response plan needed more than $400 million in additional funds.

Ebola was first identified in 1976 after an outbreak in modern-day Congo. The deadliest Ebola outbreak on record ran for two years starting in 2014 in West Africa, causing 28,610 cases and killing 11,308 people.

That outbreak was caused by the Zaire ebolavirus.

The current outbreak is growing at a much faster rate than that outbreak did, according to Kaseya.

U.S. Centers for Disease Control and Prevention scientists said in modeling projections released in June that absent "large-scale and sustained public health interventions," the outbreak centered in Congo could become as large as the 2014-2016 outbreak.

"Rapid identification of cases, contact tracing, isolation and treatment of persons with [Ebola], community engagement, and use of safe and dignified burial for persons who die from [Ebola] are necessary to control the outbreak," they said.

Tyler Durden Fri, 07/24/2026 - 17:00
https://ift.tt/0Mq8Lxy
from ZeroHedge News https://ift.tt/0Mq8Lxy
via IFTTT

"The Polycrisis Of 2026 Whirls Like A Demon-Infested Storm Overcoming This Human Project..."

2026-07-24T14:19:08.970-07:00

"The Polycrisis Of 2026 Whirls Like A Demon-Infested Storm Overcoming This Human Project..."

Authored by James Howard Kunstler,

Struggle session

“. . .there is no saving the Left. There is only saving America from them.” — Sasha Stone

The polycrisis of 2026 whirls like a demon-infested storm overcoming this human project of ours like a medieval panorama of the world’s end. Everything is fraught, tilting toward hazard, menace, ruin. Even under a summer sun, the mind sees only darkness everywhere it looks.

Apocalypse now, it seems like.

You almost can’t blame the doomers, the black pill-ers, lost in their transports of dread.

But I tell you, we will get through this.

Is it a surprise that the IRGC has a death wish for its host, Iran? They’ve been advertising it loudly for half a century, yearning for martyrdom, the bliss of paradise, marriage to multiple perfumed virgins, all the pomegranates you could ever want, and perpetual dreamtime beside a gently burbling fountain in the palace of eternity. Trouble is, to get there you must have your head blown off.

That’s exactly what the IRGC is asking for, though the millions of ordinary Iranians probably have their doubts about the ask. They are hostages of the IRGC regime, which refuses to just stop being a problem for the world. Mr. Trump’s proffer for Iran still abides: become a normal nation, sovereign and all, only without atom bombs. Let ships sail through Hormuz unmolested. Sell your oil, make some money, trade with the other fellas across the Persian Gulf, have a nice civilized life with all the refinements of age-old Persian culture, even with its Islamic overlay. Be happy!

The USA does not seek to occupy Iran, steal its resources, subjugate its people, force them to buy Minnie Mouse plush toys, play baseball, eat Jimmy Dean sausage for breakfast, strum banjoes, or wear cowboy hats. Just stop projecting violence and discord all over the Middle East.

You can’t make us, the IRGC says. Yes, we will, the USA replies. And so it goes. Next up: bridges and power plants. Plus, every ship you damage, we’ll deduct the cost of repair from your frozen assets held in our banks. This is where things stand after the thirteenth night of strategic bombing against the IRGC’s launch sites, drone factories, missile storage caverns, and shoreline military installations. Iran prepared assiduously for this death-scene for decades, building hidey-holes here, there, and everywhere. But every time they launch something now, our satellites mark the coordinates, and boom, now there’s one less hidey-hole.

Iran’s currency, the rial, has an exchange rate against the US dollar of about 1,900,000 to one dollar. There is hardly a functioning economy left. The people are flat broke. Everyday life must be hell now. Could be the IRGC was getting tons of munitions and material for free from China, but days ago we blew up the railroad bridge at Aq Tekeh-Khan that was China’s main connection to Iran, so that’s over with.

You must doubt that Russia is capable of sending arms to Iran at this point. Russia needs every drone and missile it can fabricate now that Ukraine is sending drones clear into Moscow and St. Petersburg on a regular basis. Of course, that war is being stoked by NATO, which perforce includes the USA. A bill (H.R. 2913 — the Ukraine Support Act) that would furnish $1.3-1.8 billion in direct security, military, and reconstruction assistance for Ukraine plus $8 billion in loans was passed by the House in June, but languishes in the Senate. President Trump has threatened to veto it, as running counter to the administration’s preference for negotiations with Russia to end the Ukraine War rather than extend it.

These two conflicts must seem intractable for now, but the mojo driving them has clear and present limits.

If the USA does not underwrite Ukraine’s war effort, then that leaves the EU nations, who are increasingly broke, and for all their idle talk are really incapable of mounting a major arms production campaign.

The UK especially is skating on thin ice these days as Mr. Trump methodically cancels its long-running command and control of global finance through the City of London (as its “Wall Street” is called). In fact, it looks as if the floundering UK — with dopey Andy Burnham rolling in as Britain’s seventh Prime Minister in a decade — has passed the ball of globalist leadership to its forward striker (and all-purpose fixer) Mark Carney the Prime Minister of Canada.

Carney, who was previously chief of the Bank of England, has played a series of losing games against President Trump the past year, while Mr. Carney is busy wrecking the Canadian economy for the sake of the globalist “green” flimflam, a sustained high volume of third world immigration, and outlandish DEI activism that includes giving vast tracts of real estate back to Canada’s First Nations people, their Indians. Carney has also very actively played footsie with the CCP to a degree that is seriously pissing off Mr. Trump. Among all the other shocks and surprises upcoming, you might imagine him having to send the 82nd Airborne up to Ottawa to inform PM Carney that there will be no globalist seat of operations in North America.

Yes, things are getting that strange. And then, continuing the clean-up operation south of our border, there is Cuba to straighten out. Cuba is obviously next. Our patience with that failing state’s communist export project is particularly thin, now that the Democratic Party here is entertaining Marxist-Leninist dreams of glory.

On top of all that, we have serious concerns with the financial markets and the widening income inequality that drives the younger generations’ yen for “socialism” (free rent, free medicine, free stuff).

Financialization concentrates and compounds wealth while the salary-mule class stagnates, suffers, goes broke, and nurses its grievances.

We’re pushing into the season of financial train wrecks. AI has cornered all the free capital in the land — for something that appears to be an existential menace as much as any potential economic benefit — and it is wildly perverting the equity market. The bond market groans under the debt burden and the impossibility of fiscal prudence. Capitalism that can’t self-correct invites financial and political violence.

It’s probably a greater threat to us than the faraway wars, bad as they are. Mr. Trump, Secretary Bessent, and others in charge surely know this — that the American ownership class has become tiny, and that the cure for that is getting the vast dis-owned, forsaken middle-class back into businesses that they will own, in an economy based on production of real goods, not on playing games with money.

There is so much to be done and we can get it done if we screw our heads back on.

Views expressed in this article are opinions of the author and do not necessarily reflect the views of ZeroHedge.

Tyler Durden Fri, 07/24/2026 - 16:20
https://ift.tt/uslcVZy
from ZeroHedge News https://ift.tt/uslcVZy
via IFTTT

Secret Service Agent On JD Vance's Detail Under Investigation For Leaking

2026-07-23T14:19:35.735-07:00

Secret Service Agent On JD Vance's Detail Under Investigation For Leaking

Authored by Ken Silva via Headline USA,

CNN reported Thursday that a Secret Service agent on Vice President JD Vance’s security detail has been put on administrative leave and is suspected of leaking information about his travel to a news site.

According to CNN, the agent is suspected of leaking to MS NOW about how agents on Vance’s security detail are overworked by his busy schedule. MS NOW’s source complained about Vance planning to fly with his son on a Marine Corps helicopter to a golf lesson — even though that plan was canceled.

“The story caught the attention of Secret Service, FBI and White House officials, who fumed over operational details being described in the press,” CNN reported Thursday.

Secret Service Chief of Communications Anthony Guglielmi confirmed to CNN that an agent is indeed under investigation.

“A member of the Vice Presidential Protective Division is the subject of an administrative investigation, and potential criminal inquiry, involving allegations of compromising operational and information security,” Guglielmi reportedly said in the statement.

“While we will not comment on the specifics of this matter, one principle is unequivocal: any conduct that undermines the trust and confidence between a protectee and their protective detail is fundamentally incompatible with our mission and will not be tolerated.”

🇺🇸 A Secret Service agent on Vance's detail is suspected of leaking to the press that agents were fed up with his travel demands.

Which, according to reports, included flying his son to a golf lesson on a Marine Corps helicopter...

The agent was put on administrative leave… pic.twitter.com/L341faQsnO
— Mario Nawfal (@MarioNawfal) July 23, 2026

Thursday’s report isn’t the first instance of an agent leaking information about Vance’s travel schedule. In January, journalist James O’Keefe published a report about how another Secret Service agent assigned to Vance’s security detail leaked details about his travels to one of O’Keefe’s undercover reporters. O’Keefe is famous for having attractive females—and sometimes males—seduce government officials to get them to leak info.

Along with leaking agents, another Secret Service guard on Vance’s detail was recently arrested for a drug deal with an undercover cop.

RealClearPolitics reporter Susan Crabtree reported the arrest last month, saying that she’s withholding the agent’s name “until more details emerge about the alleged drug-related arrest.”

The incidents on Vance’s detail represent just a few of the many scandals plaguing the Secret Service.

In May, a Secret Service officer was reportedly arrested for public masturbation at a DoubleTree hotel near the Miami airport.

In April, a married Secret Service agent was revealed to have been having an affair with an OnlyFans star and making pornographic videos with her.

Around the same time, ABC News revealed that a Secret Service trainee was arrested for spying on his roommate, also an agent-in-training, with a hidden camera.

Before that, a Secret Service agent protecting former First Lady Jill Biden shot himself in the buttocks last month at the Philadelphia International Airport.

And earlier in the month, Crabtree reported that agent Myosoty Perez, who is a lesbian, has been suspended and is under investigation for marrying a foreign national—possibly an illegal immigrant—without declaring it. Perez was one of the agents responsible for nearly getting President Donald Trump killed at his July 13, 2024, campaign rally in Butler, Pennsylvania.

Additionally, in January a Secret Service recruit shot and killed a 16-year-old in Tamarac, Florida. The 16-year-old victim was identified as Orlando Wedderburn. A woman was also grazed. The Secret Service recruit, for his part, is claiming self-defense.

According to Crabtree, Secret Service Director Sean Curran is receiving internal criticism for not doing enough to eliminate the agency’s diversity, equity and inclusion policies, which were implemented starting in the Obama era.

Meanwhile, the agency is looking to hire 4,000 new employees by 2028.

Tyler Durden Thu, 07/23/2026 - 15:10
https://ift.tt/qpjzBCf
from ZeroHedge News https://ift.tt/qpjzBCf
via IFTTT

"He Was Very Close To Being Arrested": Epstein's Paris Model Scout Found Dead At Home, Weeks After CNN Appearance

2026-07-22T14:19:15.458-07:00

"He Was Very Close To Being Arrested": Epstein's Paris Model Scout Found Dead At Home, Weeks After CNN Appearance

Daniel Siad, the 69-year-old Paris modeling scout whose name appears nearly 2,000 times in the DOJ's Epstein files, was found dead at his home in Colombes, northwest of Paris, on Monday. The deputy public prosecutor at Nanterre, Marie-Celine Lawrysz, confirmed the death Wednesday and said an investigation into the cause was opened that evening, with an autopsy to follow.

Which is to say: officially, nobody knows anything yet. Siad's lawyer told Reuters that "Daniel Siad never stopped proclaiming his innocence" - and that her client died of a heart attack. To AFP, she was more careful, saying that if it was a heart attack, the strain and anxiety of the case will have played its part. The autopsy, presumably, will referee. And if that first statement sounds familiar, it should: when Jean-Luc Brunel was found dead in 2022, his lawyers announced that "Jean-Luc Brunel never stopped declaring his innocence." The French defense bar evidently keeps the line on file.

For over a decade, per the document dumps Congress pried out of the DOJ under the Epstein Files Transparency Act, Siad operated as a one-man logistics chain into Epstein's orbit. In a 2009 email he pitched a 5-foot-8 Latvian model: "she is 20 years old but she looks younger." In a 2014 note he discussed a 15-year-old French girl - parents reportedly thrilled about her modeling prospects - along with 16- and 17-year-olds, and compared his trade to angling: "some time I cache quick , some time no fish" [sic]. Files reviewed by CNN show Epstein paid Siad tens of thousands of dollars over the years; other messages flagged a young French woman in Marrakesh who'd be happy to meet him, and in 2018 Siad offered to scout the financier a young, good-looking assistant.

Here was the legal picture on the day he died: Siad was under investigation in France over allegations of rape and human trafficking - at least five accusers, per French media. One woman told the BBC he was "essentially a professional trafficker." The first criminal complaint landed only in February, from former Swedish model Ebba Karlsson, now in her fifties, who alleges Siad raped her when she was 20 and then introduced her to Gerald Marie, the former European chief of Elite - whom Karlsson and several other women have also accused of rape, allegations Marie has repeatedly denied. Siad denied everything as well, and - as his lawyer correctly notes - he was never formally placed under investigation, the mise en examen threshold at which French magistrates decide the evidence is serious. Not because the process cleared him; because the process never reached him. Per AFP, Siad had not yet been questioned by investigators when he died, though he had said he wanted to give his version of events.

"He was very close to being arrested," Karlsson said Wednesday.

He will now give his version of events to no one. And here is the part that will launch a thousand posts: six weeks ago, Siad sat for an on-camera CNN interview in which he insisted Epstein - a convicted sex offender for the entire back half of their collaboration - was a free man who had served his time and had always been thoroughly professional. He said he had no reason to believe that two women he'd recommended to Epstein - women who told CNN, on the record, that Epstein abused them - had ever been harmed. He claimed to have believed Epstein was a casting director for Victoria's Secret and MC2, a claim CNN could find no evidence for. His summary of the whole arrangement: "He was such a powerful person. And how can I not trust him?"

He gave that interview in mid-June, yet didn't make it through July.

That makes four...

Jeffrey Epstein, August 2019, Metropolitan Correctional Center: found dead in his cell weeks after his arrest (or he was smuggled out after being swapped with the corpse of a homeless guy - or Hillary Clinton's brother, so the kids say), with the cameras outside malfunctioning and the guards asleep - guards who later admitted falsifying their logs. Ruled a suicide, a ruling re-certified in 2025 by FBI leadership ("I've seen the whole file, he killed himself," Deputy Director Bongino assured Fox viewers), which settled the matter for approximately no one.
Jean-Luc Brunel, February 2022, La Sante prison, Paris: the other French modeling agent in Epstein's orbit, found hanged in his cell while awaiting trial on charges involving the rape of minors - days after Prince Andrew reached his settlement with Virginia Giuffre. As we noted at the time ("Epstein 'Pimp' Jean-Luc Brunel Found Hanged In Paris Prison"), "the jokes practically write themselves." Ruled a suicide.
Mark Middleton, May 2022: the Clinton special assistant who had signed Epstein into the White House, found dead in Arkansas. Ruled a suicide.

And now Daniel Siad - the second Epstein-linked figure from the French modeling world to die suddenly with an investigation inbound and his testimony never taken. Former model "Juliette G.," who says Siad recruited her for Epstein back in 2004, told Al Jazeera that for victims, Siad represented a possible avenue to finally "shed light on what happened." Except now, he's unable to speak in the Nanterre morgue.

Then there's Virginia Giuffre - Epstein's most consequential accuser who died at her farm in Western Australia in April 2025, at 41 - ruled a suicide by police and described that way by her own family, though as we reported last month, sixteen academics have since petitioned the state coroner for a formal public inquest. Giuffre notably traveled to Paris in 2021 to testify against Brunel in person and help keep him behind bars.

Siad's death lands as the Epstein affair continues to result in zero arrests: the House Oversight email dumps last November, the DOJ's mandated releases under the Transparency Act, the cascading resignations among the great and the good, New Mexico's freshly launched probe into what actually happened at Zorro Ranch - which we covered in February - and the Washington Post's own June investigation into the modeling-world pipeline that kept feeding Epstein introductions long after his 2008 conviction: a Swedish scout hunting teenagers, a Russian model coaching him on which women would be easy. Siad was one of the very few members of that network willing to sit in front of a camera and explain himself.

On a pretty short timeline, the survival rate for Epstein associates drops to zero...

Tyler Durden Wed, 07/22/2026 - 15:25
https://ift.tt/aAn3SQT
from ZeroHedge News https://ift.tt/aAn3SQT
via IFTTT

DOJ Seeks To Rescind US Citizenship Granted To 10 Individuals

2026-07-21T17:19:19.130-07:00

DOJ Seeks To Rescind US Citizenship Granted To 10 Individuals

Authored by Naveen Athrappully via The Epoch Times,

The Department of Justice (DOJ) announced on Monday that it has filed to denaturalize 10 individuals charged or convicted with various crimes, including offenses against minors.

“Under the Immigration and Nationality Act, a naturalized U.S. citizen’s citizenship may be revoked, and certificate of naturalization canceled, if the naturalization was illegally procured or procured by concealment of a material fact or by willful misrepresentation,” the DOJ said in a July 20 statement, adding that the Trump administration was continuing its “largest denaturalization effort ever.”

One of the individuals targeted for denaturalization is Rodriguez Perez, 45, of Cuban origin, who was naturalized as an American in 2018. Prior to obtaining citizenship, Perez engaged in Medicare fraud worth more than $886,694 and concealed this conduct during the naturalization process.

Perez pleaded guilty in the case and was convicted of conspiracy to commit healthcare and wire fraud.

Another individual, Urbano Vazquez Ortega, 53, a Mexican naturalized in July 2017, had sexually assaulted children while being employed as a church priest in Washington. The crimes were committed between 2015 and 2017. Ortega was sentenced to 15 years in prison in 2019.

A third individual, Omar Cantu-Montalvo, 44, from Mexico, was naturalized in December 2005 after claiming in his application that he had never committed a crime. However, Cantu-Montalvo was later sentenced to 100 months in prison by a court for conspiracy to distribute cocaine, a scheme he joined just a few months before applying for naturalization.

Other individuals have been charged with crimes such as carrying a concealed firearm, sexually abusing a minor, misrepresenting identity to secure citizenship, and wire fraud.

“These 10 criminal aliens—including child sex abusers, a $900,000 Medicare fraudster, and a cocaine trafficker—lied their way into U.S. citizenship,” acting Attorney General Todd Blanche said in the statement.

“Each of these individuals lacked the good moral character required by law and procured citizenship through willful misrepresentations and concealment of their crimes. Under President Trump’s leadership, this Department of Justice will continue to aggressively pursue denaturalization to restore integrity to America’s naturalization process.”

In January, the Southern District of Texas court, McAllen Division, issued an order to revoke the citizenship of a naturalized person convicted of a child sex offense.

In March, the DOJ announced it had secured the denaturalization of two individuals—a convicted gun trafficker and a healthcare fraudster.

As of late April, the Trump administration had filed 22 denaturalization cases in its second term, according to the DOJ. During the entire Biden administration, 24 such cases were filed.

A DOJ memo from June 2025 prioritized investigations and enforcement actions advancing denaturalization. The memo directed the department’s Civil Division to aggressively pursue denaturalization cases by evidence, especially those involving national security threats, undisclosed felonies, gang activity, and terrorism.

Sanctity of US Citizenship

In an April 24 post on X, Rep. Grace Meng (D- N.Y.) criticized the Trump administration’s denaturalization efforts.

Naturalized people are American citizens, Meng said. Individuals who undergo the naturalization process are “extensively vetted,” often spending years navigating America’s immigration system, taking exams, and pledging loyalty to the United States, she said.

“The President’s targeting of naturalized U.S. citizens is not only a reckless weaponization of the Department of Justice, it is an attack on core American values,” Meng said.

During a Senate hearing last month, Sen. Eric Schmitt (R-Mo.) argued that denaturalization is a crucial safeguard to protect the sanctity of U.S. citizenship, according to a June 4 statement from the lawmaker’s office.

“For too long, Washington treated naturalization like paperwork. Check the boxes. Say the words. Get the passport. Collect the welfare check or federal tax credit. Move on. That approach desecrates American citizenship. It insults every immigrant who came here honestly, followed the law, learned our history, embraced our Constitution, and took the oath in good faith,” Schmitt said.

“The Supreme Court has made the rule clear: no alien has the slightest right to naturalization unless every statutory requirement is met. Citizenship obtained by fraud is stolen status. Stolen status should be revoked.”

Tyler Durden Tue, 07/21/2026 - 17:00
https://ift.tt/ebnrJON
from ZeroHedge News https://ift.tt/ebnrJON
via IFTTT

Lockheed Unveils Move Towards Cheaper Patriot Missiles As Interceptor Stockpiles Dwindle

2026-07-21T14:19:35.937-07:00

Lockheed Unveils Move Towards Cheaper Patriot Missiles As Interceptor Stockpiles Dwindle

With US-Iran tit-for-tat strikes on their ninth day and the Russia-Ukraine war grinding on in Eastern Europe, US inventories of certain air-delivered munitions are being depleted. This has made the rapid procurement of lower-cost missiles and bombs a top priority for the Trump administration.

The Wall Street Journal reports that defense giant Lockheed Martin is planning a low-cost version of the Patriot interceptor missile that will cost less than half as much as the current version.

The PAC-3 Adapted Capability Effector will cost less than half the price of Lockheed's PAC-3 Missile Segment Enhancement interceptor, which currently costs $4 million per round.

.@LockheedMartin introduces PAC‑3 ACE™ – a low‑cost, high‑performance interceptor built on the trusted PAC‑3® family. Designed for our allies, it delivers rapid‑field capability against short‑range ballistic, cruise and air‑breathing threats. pic.twitter.com/YW87z3Mq9f
— Lockheed Martin Europe (@LMEuropeNews) July 20, 2026

The new missile is designed to counter cruise missiles and short-range ballistic threats while using existing Patriot launchers.

A separate report from the Financial Times states that Lockheed is exploring a European production line for the new low-cost interceptor missiles, which could drive the price down to between $1.5 million and $2 million per round.

Lockheed is already considering European suppliers for solid rocket motors, guidance electronics, and other critical components, potentially through a partnership with a leading defense contractor on the continent.

Lockheed's decision to look toward Europe, rather than expand exclusively in the US, may signal limitations within the domestic defense-industrial base, just as the Trump administration's war economy begins to accelerate.

So about lead time for these new missile? How many years?

Tyler Durden Tue, 07/21/2026 - 15:40
https://ift.tt/eGWiyjn
from ZeroHedge News https://ift.tt/eGWiyjn
via IFTTT

30-Year Fixed-Rate Mortgage Reaches Highest Level In Almost A Year

2026-07-20T14:19:08.158-07:00

30-Year Fixed-Rate Mortgage Reaches Highest Level In Almost A Year

Authored by Naveen Athrappully via The Epoch Times,

The average weekly rate on a 30-year fixed-rate mortgage is at its highest level in nearly a year, contributing to elevated housing costs and dampening buyer interest.

A home for sale in Alhambra, Calif., on Aug. 28, 2025. Frederic J. Brown/AFP via Getty Images

For the most recent week, the mortgage rate was at 6.55 percent, according to a July 16 statement by Freddie Mac. This is the highest level since the week ending Aug. 27, 2025, when the rate was at 6.56 percent. Since mid-May, rates have consistently hovered around 6.5 percent.

Rates have risen consecutively over the past two weeks, from 6.43 percent for the week ending July 1 to 6.55 percent currently.

Meanwhile, pending home sales in the country declined 2.2 percent for the four weeks ending July 12 compared to the four-week period ending July 5, according to a statement from real estate brokerage Redfin.

First-time homebuyers are facing a "tough time" breaking into the housing market, Christine Kooiker, a Redfin Premier agent in Grand Rapids, Michigan, said in the statement.

"High mortgage rates mean that even homes in the most affordable price point - under $350,000 in the Grand Rapids area - are a stretch for a lot of buyers, and they're hard to find and competitive," Kooiker said.

Many buyers are "sitting on the sidelines, too, because they're locked into low mortgage rates or can't find a new home they love."

Similar findings were made by the National Association of Realtors (NAR), which, in a July 16 statement, reported a 5.4 percent month-over-month dip in pending sales in June.

The decrease was most pronounced in the Midwest, followed by the West, South, and Northeast.

"The highest mortgage rates in nearly a year and the record-high national median home price together are contributing to a tepid housing market that is especially difficult for first-time homebuyers," NAR Chief Economist Dr. Lawrence Yun said in the statement.

Housing Affordability

Lawmakers have taken action to ease the burdens on prospective homebuyers and make housing more affordable for Americans.

On July 11, the 21st Century ROAD to Housing Act became law. The legislation aims to ensure housing affordability through various measures, such as rolling back permits and regulations, and offering financial support to homebuyers, builders, and state and local governments.

The bill was passed by the House and Senate last month. However, President Donald Trump refused to sign the bill until the election integrity bill, the SAVE America Act, was passed by Congress.

According to Article I of the U.S. Constitution, if a bill is not returned by the president within 10 days after being presented, it shall become law. Trump's deadline to veto the bill was July 10.

The bill "will cut red tape, lower costs, and boost the supply of housing," Rep. Sam Liccardo (D-Calif.) said in a July 13 statement.

"We need to build on this momentum and keep rolling up our sleeves to tackle the housing crisis confronting far too many American families."

Meanwhile, builder confidence in the market for newly built single-family homes declined in July from the previous month, according to a July 16 statement from the National Association of Home Builders (NAHB).

The NAHB/Wells Fargo Housing Market Index was at 36 in July, the 15th straight month it has remained below the 40 level. This is the longest stretch of monthly values below 40 since 2012.

NAHB chief economist Robert Dietz cited housing affordability as the "primary challenge" facing the home building industry.

NAHB chairman Bill Owens said that many potential buyers continue to hesitate to purchase homes as they wait for mortgage rates to come down and for more clarity on inflation and the economic outlook.

While the 21st Century ROAD to Housing Act has some important provisions addressing obstacles faced by buyers and builders, "these reforms will take time to implement," Owens said.

Tyler Durden Mon, 07/20/2026 - 14:05
https://ift.tt/Wa3iMBd
from ZeroHedge News https://ift.tt/Wa3iMBd
via IFTTT

Judge Strikes Down Race-Based Provision In Biden-Era Internet Access Grant Program

2026-07-19T18:19:12.205-07:00

Judge Strikes Down Race-Based Provision In Biden-Era Internet Access Grant Program

Authored by Aldgra Fredly via The Epoch Times,

A federal judge ruled on July 15 that a race-based provision of the Digital Equity Act, signed by President Joe Biden in 2021 to close digital gaps, was unconstitutional.

A judge's gavel rests on top of a desk in a courtroom in Miami, Fla., on Feb. 3, 2009. Joe Raedle/Getty Images

The Digital Equity Act was part of Biden's Infrastructure Investment and Jobs Act, which appropriated $2.75 billion to the National Telecommunications and Information Administration (NTIA) to establish grant programs to expand high-speed internet access for minority groups and communities in rural areas.

After taking office for a second term last year, President Donald Trump halted the competitive grant program authorized under the Digital Equity Act, saying it was unconstitutional because it allocated federal funding based on race.

The National Digital Inclusion Alliance, a recipient of the competitive grant program, later filed a lawsuit in October 2025 seeking to reinstate the program.

In a 35-page order, U.S. District Judge John Bates ruled that the Digital Equity Act's provision authorizing the use of race in awarding federal funds was unconstitutional, citing the Supreme Court's 2023 ruling that struck down race-based preferences in higher education admissions.

Bates said that while the Digital Equity Act aims to address the digital divide among minority groups and other covered populations, the Supreme Court precedent showed that remedying general social disparities alone does not justify the use of race in government action.

"Addressing that gap is a laudable goal, but the Supreme Court has admonished that ameliorating general societal inequalities - as opposed to specific instances of past discrimination - 'does not constitute a compelling interest that justifies race-based state action,'" the judge stated.

"Otherwise, Congress could deploy racial classifications when confronted with any situation of an uneven resource distribution."

Bates said the grant program could be reinstated without the race-based provision, and the government had committed to restoring it upon a judicial determination that the provision was unconstitutional.

Trump welcomed the ruling in a Truth Social post, calling it a "big win" for the American people.

"The so-called 'Digital Equity Act,' a Biden DEI law, was ruled exactly what I said it was last year - A RACIST and UNCONSTITUTIONAL giveaway that never should have become Law," he wrote.

The decision to end the Digital Equity Act comes amid the Trump administration's efforts to eliminate diversity, equity, and inclusion (DEI) programs from federal agencies and government initiatives.

Trump stated in a Jan. 20, 2025, executive order that the previous administration had forced "illegal and immoral discrimination programs" across virtually "all aspects of the federal government" through DEI initiatives.

Christopher Mitchell, director of the Community Broadband Networks Initiative at the Institute for Local Self-Reliance, credited the National Digital Inclusion Alliance with helping to secure the program's restoration.

"Yesterday's ruling on the Digital Equity Competitive Grant Program is, on balance, a victory," Mitchell said in a statement. "The only real question now is how quickly NTIA moves to actually implement it."

The National Digital Inclusion Alliance did not return a request for comment by publication time.

Tyler Durden Sun, 07/19/2026 - 18:40
https://ift.tt/uoWTYbQ
from ZeroHedge News https://ift.tt/uoWTYbQ
via IFTTT

The Data-Center Revolt Goes National: Tea Party Veteran Leads 142 Rallies Across 42 States

2026-07-19T15:19:19.495-07:00

The Data-Center Revolt Goes National: Tea Party Veteran Leads 142 Rallies Across 42 States

The backlash against the AI data-center build-out - which we've been tracking since it was a smattering of county fights across 28 states - staged its first coordinated day of action on Saturday: 142 protests across 42 states, from Wasilla, Alaska to Naples, Florida, organized by Humans First, the nonprofit that Tea Party veteran Amy Kremer co-founded and chairs. The crowds spanned both sides of the aisle...uniting a MAGA stalwart in a 'faith, family, freedom' T-shirt in New Jersey, a first-time activist in Texas, and a left-leaning organizer in California's Imperial Valley.

The fight looked like Kenilworth, New Jersey. Residents of the 8,500-person borough gathered outside the municipal court at mid-morning with drums, plastic horns, and sidewalk chalk to protest the $1.8 billion CoreWeave AI data center their planning board approved in May 2025 on the former Merck campus - a project that has since drawn more than 12,000 petition signatures against it, several thousand more names than the town has people. The woman in the "faith, family, freedom" T-shirt marched beside neighbors holding "Build community, not data centers" signs. When heavy rain arrived later in the day, they pulled on ponchos, shared umbrellas, and kept marching. One sign, caught by Business Insider's photographer on the scene: "You think this is pressure? Wait 'til there's no water pressure."

Texas, the country's hottest data-center market, hosted the most rallies - 18 - with Georgia at 11, California at eight, and Pennsylvania, Florida, and Indiana at seven apiece. In Imperial Valley, where a proposed facility could pull 260 million gallons a year from the Colorado River, Ivan DelSol, 54, told Reuters that around 50 people turned out in 100-degree heat. "It's dystopian that you would use this much fresh water for AI," he said. Organizers released no headcounts; turnout ran below expectations in some rural areas and in Atlanta, where about a dozen showed - most of them, a volunteer there said, driving in from the smaller Georgia towns where the biggest data centers are going up.

Kremer is a founding figure of the Tea Party movement who went on to found Women for Trump, and an organizer of the January 6, 2021 rally that preceded the Capitol riot (she neither planned nor took part in the riot itself). She has spent months calling data centers the defining fight of her lifetime, warning the technology could threaten humanity itself, and she is open about running the old playbook: grassroots pressure, town by town, aimed at both parties.

Today was incredible!

142 protests. 42 states. One message: ONE NATION UNITED AGAINST DATA CENTERS!

Communities across America showed up today for a National Day of Protest Against AI Data Centers to say that We The People deserve a voice before massive data centers are… pic.twitter.com/TwE7oRjR6V
— Kylie Jane Kremer (@KylieJaneKremer) July 18, 2026

Her crowds bear that out. One of Saturday's Texas rallies, in Tyler, was organized by Eva Cardona, a 31-year-old self-described political nomad and first-time activist who told Reuters she wanted something more hands-on than posting on Facebook; about a dozen people came. And in Imperial Valley, the man who helped lead the rally leans left. The polling explains why a coalition that broad holds. A June Reuters/Ipsos survey found only 14 percent of Americans would support a data center in their own community. Gallup polling fielded in March found 71 percent oppose building an AI data center in their area - 48 percent strongly - a worse number than a local nuclear plant gets. And Morgan Stanley told clients in a July 14 note that support for local data-center bans runs strongest among Republican, higher-income, and urban voters, while Morning Consult's national tracker crossed a line of its own in May: "stop building" (about 45 percent) overtook "keep building while expanding energy supply" (about 38 percent) for the first time since last October.

Several democratic candidates, including candidate for Texas Governor Gina Hinajosa, stopped in Lubbock to discuss campaign topics including data centers. A data center protest was also held to collect signatures to pause building hyperscale data centers in the Lubbock area. pic.twitter.com/wh3mdGNcu4
— KAMC News (@KAMCNews) July 19, 2026

For all the movement's reputation, Kremer's demands stop well short of a shutdown. She opposes a national moratorium and statewide moratoriums alike, telling Business Insider that each community should choose what gets built inside it, and that too many of those choices are made behind closed doors. Humans First's platform runs to transparent approval processes, environmental review before permits are granted, union construction jobs, and binding developer commitments of the kind lawyers call community benefits agreements. She has aimed as much fire at her own side, accusing Republicans of giving Big Tech a free pass and predicting the industry will cozy up to Democrats the moment the majority flips. The fix, she argues, belongs to Congress.

Amy Kremer is the cofounder of Women for Trump and Women for America First. Now she's taking on AI data centers. Jacquelyn Martin/AP

The organization is a narrower thing than the crowds it convened. Humans First announced in April that its non-conservative team members would spin off into a separate group, with Kremer promising "a topflight team of conservatives" to fight Big AI and its lobbyists. The banner over Saturday's rallies, in other words, was a conservative one - which makes the mix of people who marched beneath it all the more striking.

Official Backlash

The rallies capped a fast-moving week. On Tuesday, New York Governor Kathy Hochul signed an executive order imposing the nation's first statewide moratorium on new hyperscale data centers - an immediate pause of up to a year on state environmental permits for projects of 50 megawatts or more while regulators draft standards covering energy demand, water use, and air quality. Her office promised localities community-benefit guidance within 60 days, and Hochul will pursue repeal of the state's sales-tax exemptions for massive data centers. A tougher bill passed by the legislature, with a 20-megawatt threshold, remains unsigned on her desk; her office has called it complicated, and Hochul said the state wants to be "the first to get it right."

New York was not alone. Virginia's new tax on data-center electricity - 1.1 cents per kilowatt-hour - took effect July 1. Pennsylvania's House passed a ban on non-disclosure agreements in data-center deals by a 171-31 vote, and separately voted 197-5 to repeal the industry's sales-tax exemption, a break worth roughly $517 million a year by 2030. Arizona's governor signed a three-year moratorium on new data-center tax breaks in June. Legislators have filed more than 300 data-center bills this year; local pauses have passed at the county, city, and tribal level in at least 15 states.

Meanwhile In China

Nothing comparable is happening on the other side of the Pacific. Two days before the marches, Beijing-based Moonshot AI released Kimi K3, a 2.8-trillion-parameter system billed as the largest open-weight model ever built and claimed to perform level with America's best frontier models. Bloomberg has reported that Beijing plans to spend roughly $295 billion over five years on a nationwide network of AI computing hubs - and none of it will face a zoning board. Under the state's "Eastern Data, Western Computing" program, the buildout is steered into the arid, sparsely populated west; provincial governments compete to attract data centers with tax holidays, cheap land, and compute vouchers, and the state absorbs up to half of operators' energy costs, so the strain never shows up on a household bill. No Chinese county has passed a moratorium, because no Chinese county gets a vote.

The financial toll is no longer hypothetical. Third-party trackers cited by Morgan Stanley in its July 14 note put the value of cancelled or delayed projects at roughly $156 billion in 2025 and another $130 billion in the first quarter of 2026 alone - about $286 billion in all - set against the bank's own estimate of $877 billion in AI capital spending this year. The underlying quarterly count comes from Data Center Watch, a tracker run by 10a Labs, an intelligence firm whose client list includes AI companies, which logged at least 75 projects blocked or delayed from January through March - matching in one quarter the number of projects derailed in all of 2025 - as active opposition groups more than doubled from 396 to 833 and spread to 49 states.

Saturday itself stayed peaceful - chalk, chants, drums, umbrellas - though the wider fight has had harder edges: developers of the Piedmont transmission line into Northern Virginia's data-center corridor asked a federal court last summer for U.S. Marshals to escort survey crews after landowners threatened workers, an episode we covered at the time.

The industry answered forcefully. The Data Center Coalition warned that New York's moratorium tells investors the state is "closed for business" and will push jobs and tax revenue to neighboring states. Seven major AI and cloud companies - Amazon, Google, Meta, Microsoft, OpenAI, Oracle, and xAI - point to the Ratepayer Protection Pledge they signed at the White House in March, a voluntary commitment to cover the grid costs their facilities create. And White House AI czar David Sacks went after Hochul's case point by point on the All-In podcast, calling data centers "the scapegoat for all of the angst that people have about AI." His answer to the utility-bill complaint: let developers build their own generation behind the meter instead of competing with households for grid power.

David Sacks: Everything Kathy Hochul Said About Datacenters Was a False Accusation@DavidSacks: “These data centers become the scapegoat for all of the angst that people have about AI.

Everything she's saying there is a false accusation on datacenters. So let's just go one by… pic.twitter.com/gAxesw3fRD
— The All-In Podcast (@theallinpod) July 18, 2026

Some industry allies go further, pointing to OpenAI's June disclosure that it banned a China-linked network using ChatGPT to mass-produce comics and comments blaming data centers for rising power bills. OpenAI itself found the operation gained almost no authentic traction - and the crowds in Kenilworth and Imperial County were unambiguously homegrown.

Kremer spent Saturday evening thanking volunteers and looking past the weekend. "America is not for sale, and our communities are not collateral," she wrote on X. She expects data centers on the ballot in November, and again in 2028. The midterms are less than four months away.

Tyler Durden Sun, 07/19/2026 - 15:45
https://ift.tt/EjAL1D6
from ZeroHedge News https://ift.tt/EjAL1D6
via IFTTT

"Start Spreadin' The News": New York Losing Billions As Millionaires Flee Big Apple

2026-07-18T16:19:37.139-07:00

"Start Spreadin' The News": New York Losing Billions As Millionaires Flee Big Apple

Authored by Jonathan Turley,

Below is my column in the New York Post on the sharp decline in millionaires in New York, costing the state billions as many flee. The exodus has been building for years but may now be accelerating. As Mayor Mamdani holds another press conference promising to end the “violence of evictions,” businesses are reading the writing on the wall. Rather than work to make the state more attractive to wealthy residents and businesses, Democrats are seeking to diminish the appeal of two-tax states. They want to tap into a long-barred area of taxation: the wealth rather than just the income of citizens. By passing a national wealth tax, Democrats will reduce the benefit of fleeing high-tax states like California and New York.

“Start spreadin’ the news, I’m leavin’ today” — that’s how the famous song “New York, New York” captures the Big Apple’s draw.

Today, the line is becoming more ironic than iconic: Many people are indeed leaving … from New York, New York.

Worse yet, those “vagabond shoes” that “are longing to stray” are on the feet of the wealthiest New Yorkers.

And as they flee, according to a new study, they’re taking away billions in badly needed tax revenue.

As Mayor Zohran Mamdani and others pledge massive social programs and free services by taxing the wealthy, the wealthy are just melting away.

The reason is simple: if “you can make it there, you can make it anywhere.”

In today’s economy, it’s no longer necessary or even particularly beneficial to be in New York to make money in financial and other areas.

When any business meeting is a screen and a click away, you can go to a low-tax state like Florida or Texas and do as well as you can in the Big Apple.

Not surprisingly, many are choosing the money over the mystique and the madness.

This week the Citizens Budget Commission reported that New York’s share of millionaires fell from 12.7% in 2010 to 8.7% in 2022 — the largest drop of any state.

The exodus of wealthy citizens left New York short $10.7 billion in tax revenue.

By denouncing the remaining wealthy as effectively freeloaders who are “not paying their fair share,” Mamdani is only spurring them on.

It’s a demonstrably false claim that I discuss in my book Rage and the Republic — and part of a growing class-warfare theme the left is deliberately using to fuel political rage.

Yet it’s easy to form a mob — and far more difficult to control it.

That is particularly the case when your economic policies destroy your economy, and your ability to pay for all the free services that you’ve promised.

There’s a good-faith debate to be had over optimal tax levels, but the fact is that the top 10% of Americans pay more in taxes than the other 90% of the country. The top 1% pays roughly 40% of federal taxes.

As rational actors flee the state, Mamdani and New York Democrats are forced to cull the shrinking herd of high-end taxpayers who remain, layering on special fees like a pied-à-terre tax to be imposed on NYC’s luxury property owners.

And rather than change course to make New York a more attractive place to do business and live, national Democrats are moving to make other states no better — by nationalizing wealth taxes and by taxing fleeing citizens as if they still lived in the state.

Many are following Sen. Bernie Sanders’ and Rep. Ro Khanna’s call to impose a federal wealth tax they’ve dubbed the Billionaire Tax.

The idea is to stem the exodus from California and New York by giving the highest earners no place to go . . . except out of the country.

That’s the option many took when similar wealth taxes were attempted in countries like France, only to be rescinded after doing massive economic damage.

Fleecing the wealthy is a revenue loser.

New York is losing billions, and California has reportedly lost trillions due to top taxpayers’ departure.

Unwilling to adopt greater fiscal restraints and truly compete for businesses and residents, Democrats are looking for pockets of new areas to tax.

The wealth tax is a virtual bonanza of untapped revenue — if it can make it through the courts.

Our Constitution was amended in 1913 to allow for an income tax, not a wealth tax.

Once you pay taxes on what you earn, you’re supposed to be able to use your hard-earned money to buy whatever you wish, from bikes to boats.

Democrats now want to tax those possessions: “your Rembrandts, your stock portfolio, your diamonds and your yachts,” as Sen. Elizabeth Warren once dramatically warned.

And Khanna recently confirmed what some of us have been saying for years: The Billionaire Tax isn’t only for billionaires.

“The tax should not stop at billionaires,” he said in a pitch to his party’s rising socialist movement; “it must reach centimillionaires. The tax has to reach all fortunes $50 million and up.”

Khanna and others hope that, once taken nationally, a wealth tax would destroy the benefit of moving to low-tax states — and open up literally trillions in new potential revenue.

In the meantime, New York will continue to burn billions as it taps its dwindling number of millionaires.

As their wealthy neighbors depart, those remaining will have to make up for their loss.

Being among the last to leave New York will be a costly distinction.

They will indeed “wake up” — and find that they’re “king of the hill, top of the list” for wealth redistribution.

Jonathan Turley is a law professor and the New York Times bestselling author of “Rage and the Republic: The Unfinished Story of the American Revolution.”

Tyler Durden Sat, 07/18/2026 - 17:30
https://ift.tt/jkwTZyH
from ZeroHedge News https://ift.tt/jkwTZyH
via IFTTT

Is Home Affordability Actually Better Than Headlines Suggest

2026-07-18T14:19:09.459-07:00

Is Home Affordability Actually Better Than Headlines Suggest

Authored by Lance Roberts via RealInvestmentAdvice.com,

The doom feed says home affordability locked a generation out. The math on the payment you actually write says something the headlines won’t.

Here are the “facts” that the media tells you about home affordability.

Let’s start with a recent survey. Two out of three Americans now say it’s a bad time to buy a house, the most negative reading Gallup has ever recorded. Another study showed that a record 25.2 million adults under 35 are living with their parents. Scroll any feed, and you’ll hear that home affordability has priced an entire generation out for good. Those are the “facts” according to the media.

However, here’s the problem with that story. When you measure home affordability today against the metric that actually governs the check you write each month, the picture flips. By that measure, buying a home may be easier now than it was for the Boomers and Gen Xers who get blamed for everything.

Let me be clear about what’s real, because I won’t build an argument on a false floor. Since 2019, the median listing price has jumped about 34% to roughly $430,000. The payment on a median home went from near $1,700 in early 2020 to about $3,100 by late 2025. Rates tripled off the 2021 lows. That shock was real, and it landed in five short years.

So the frustration makes sense. What doesn’t hold up is taking a recent, regional price spike and turning it into a permanent law of physics that applies to every zip code and every buyer. The honest version of home affordability today is narrower, more local, and far more fixable than the headline suggests.

But let’s start with the narrative that the Boomer generation had it easy. As one individual posted on X:

“You boomers had it easy, you could buy a home for the price of bread and a gallon of milk.”

Boomers Did Not Have It Easy

Here’s the part the narrative skips. The Boomer who bought in 1980 financed at a 30-year fixed rate of 13.74%, watched it climb past 18% by October 1981, and had no way to know rates would ever come back down, which made every payment feel like a life sentence. Think about that. For a median home price of $64,600 with 20% down, that household sent roughly 39% of its income to the mortgage before property taxes.6 Add the taxes, and the typical 1980 family spent close to 47% of their income on housing.

Today’s buyer, financing about $417,000 near 6.5%, spends closer to 32% on the mortgage and about 43% all in. Two independent analyses ran this exact math and landed in the same place. On the payment that matters, 1980 was as hard as, or harder than, 2026. So home affordability today is mostly a payment story, and the payment math favors the present. Notice what the work did. It isn’t the price of the home, it’s the rate.

The Crisis Is Regional, Not National

Now look at where the “home affordability” pain actually sits. A typical home in Iowa costs about 3.7 years of household income, near where the national buyer stood in 2000. Ohio, Indiana, Illinois, and Kansas still sell near or below $300,000. Among large metros, Chicago, Houston, Dallas, Atlanta, and Philadelphia rank among the most affordable in the country. Home affordability today is a function of your zip code first, your generation second.

The expensive markets are real, but they’re specific. And here’s the twist most coverage misses. The old escape hatch of moving somewhere cheap is closing, because Montana now costs 8.7 years of income, worse than California or New York. The same regional pattern shows up in who’s living at home. In New Jersey it’s 44% of young adults. In South Dakota, 18%.8 The map of “kids who can’t move out” is mostly a map of expensive states.

That “one in three” figure above also deserves a second look. It counts everyone ages 18 to 34, which includes college kids, 22-year-olds in their first job, and people who’ve always lived at home for a stretch. If you narrow that gap to a more realistic home ownership range, ages 25 to 34, the share drops to about 18%. And roughly 70% of those 25-to-34-year-olds at home are employed.2 So this “home affordability” story isn’t about a lazy generation or a broken job market. It’s a story about down payments, rent, and a marriage age that has drifted six years later since 1980.

Where The Skeptics Are Right

I won’t pretend that nothing has changed. Two things genuinely got harder, and waving them away would insult the reader. First, the down payment. In 1980, 20% down ran about two-thirds of a year’s income. Today it runs a full year or more, which is why the median first-time buyer now puts down just 9% to get in the door, and why the first-time buyer’s median age has climbed from 29 to roughly 40. That capital wall is a real barrier.

Second, insurance. Premiums jumped 24% from 2021 to 2024 to an average of $3,303, twice the rate of inflation, rising in 95% of zip codes. In Utah, insurance premiums rose 59%. That cost isn’t your fault, and it won’t be fixed by skipping lattes, but notice what both problems have in common. They’re specific and addressable, not a sentence handed down to an entire generation. The home affordability debate today has two honest exceptions, and naming them is what separates analysis from a comment-section rant.

Where They Aren’t

Here’s the irony buried in the down payment story. The 1980 buyer didn’t just face a 20% norm; they put down even more, averaging about 28%. To skip mortgage insurance on a conventional loan, you needed the full 20% in cash, no exceptions. There were no mainstream 3% conventional programs, no piggyback structures in wide use, no stack of state assistance grants to pull from. You saved the lump sum, or you stayed a renter.

Today, the menu is wide open. A first-time buyer can go conventional with as little as 3% down, FHA with 3.5% down, or zero down with a VA or USDA loan if eligible, and can cover even that with gift funds, a 401 (k) withdrawal, or a state assistance grant. The 20% rule is dead. The median first-time buyer actually put down 10% last year, not 20. Less down means PMI and a bigger payment, of course. But the belief that you need 20% in cash just to walk in the door is the single most expensive myth keeping renters stuck, and it hasn’t been true for decades.

The Playbook: Home Affordability Today Is on You

So what’s the move? Stop reading a national headline as a verdict on your situation. The buyer who treats “homeownership is dead” as gospel, while sitting in a market where a solid house costs three or four times income, talks himself out of a purchase he could actually make. Bob Farrell’s ninth rule fits here. When every expert and forecast agrees, something else usually happens. Sentiment just hit a record low. That’s historically when the patient buyer gets paid.

But mindset only gets you to the starting line. Here’s the part nobody wants to hear.

Working isn’t enough. Roughly 70% of the young adults living at home already have jobs, so a paycheck alone clearly doesn’t get you out of the basement. What gets you out is a set of decisions most people dodge because they sting. So let’s say them plainly.

Run the number, then automate it. A 3.5% down payment on a $250,000 home is $8,750, about $730 a month for a year. If you can’t find $730, that’s a spending problem or an income problem, and both are yours. But here’s the part the pushback misses. The inability to save that money isn’t just a down payment problem. It’s a signal you can’t afford to own yet. The mortgage is only the floor. Property taxes, insurance that now averages $3,303 a year, the roughly 1% of a home’s value it consumes in annual upkeep, and HOA dues, if you have them, all add up to the monthly payment. Can’t bank $730 a month as a renter? You’ll drown in those carrying costs as an owner. The savings test isn’t the barrier. It’s the readiness check.
Cut the big rocks, not the pebbles. The daily coffee isn’t what’s keeping you in your childhood bedroom, but the $650 truck payment, the $1,900 rent in a city you picked for the nightlife, and the lifestyle you finance to look successful on a phone screen absolutely are. Sell the financed truck. Get a roommate. Buy smaller, because the median new home is 38% larger than it was in 1980, making a 1,500-square-foot starter a choice rather than a hardship. Live below your means on purpose. Nobody is coming to subsidize your standard of living.
Then move to the money. The good jobs and the cheap houses rarely sit in the same expensive zip code you grew up in. They sit in Columbus, Des Moines, Indianapolis, and Greenville, where a median income still buys a median home. Remote work made that move easier than it has ever been. If you won’t relocate for opportunity, fine, but then you’ve made unaffordability a choice, not a fate.
Raise your income and your credit score at the same time. A side income of $1,000 a month is a full down payment in under a year. A credit jump from 580 to 620 can move you off a 3.5% FHA loan and onto a 3% conventional, saving you thousands up front and more over the life of the loan. And every year you stall has a price tag. The National Association of Realtors estimates that delaying a purchase from age 30 to 40 costs the typical buyer around $150,000 in lost equity.

The market isn’t fair. It was never fair. The only question that matters is what you’re going to do about it.

The bottom line is this. Housing isn’t unaffordable everywhere, for everyone, forever. It’s expensive in specific places, for specific reasons, and most of all since 2020. The rest is geography, a savings problem, and a story people keep repeating until they believe it. After three decades of watching cycles, I’ve learned the worst financial decisions get made when people accept a narrative instead of running the numbers.

Home affordability today is better than the Fed admits. Run your own numbers and see.

Tyler Durden Sat, 07/18/2026 - 16:20
https://ift.tt/vf9hseT
from ZeroHedge News https://ift.tt/vf9hseT
via IFTTT

Trump Wants To Revoke Broadcast Licenses Of Networks That Didn't Air His Election Meddling Speech

2026-07-17T15:19:28.173-07:00

Trump Wants To Revoke Broadcast Licenses Of Networks That Didn't Air His Election Meddling Speech

President Donald Trump on Thursday said that US TV networks that refused to air his primetime address on election integrity should have their licenses revoked.

President Donald Trump addresses the nation from the East Room of the White House on July 16, 2026 in Washington, DC. Saul Loeb/Pool - Getty Images

During the address, Trump said that both NBC and ABC News said they "would not cover the speech" - something he called a "rare move."

"They knew what it was about because of the fact that they don’t like the topic, because they know how corrupt our system is, and they don’t want to reveal it," he said, adding "Fraud like this should mean a revocation of their licenses. They use our public, multi-billion-dollar in value airwaves for absolutely no money. They pay nothing. All we want is honesty in our elections and honesty in reporting."

ABC News said on Thursday that they would run the speech - but only on their live streaming platform and ABC News Radio - but not on its broadcast channel. NBC News also aired the speech on its streaming platform.

As the Epoch Times notes further, Trump announced the declassification of information that he said reveals large-scale Chinese hacking of American voter information, saying that China obtained 220 million voter records during the 2020 election.

The president also detailed the findings of a Homeland Security Department review that found 278,000 noncitizens were registered to vote in federal elections. Trump said he had ordered the agency to notify states and direct them to remove all ineligible voters from their voter rolls.

White House communications director Steven Cheung called out NBC and ABC News for not airing the president’s address and encouraged viewers to watch it on the White House’s platform instead.

“NBC and ABC don’t want you to hear the truth. All they want to do is hide the facts from YOU. Tune in @WhiteHouse at 9:00pm EDT, where we always get bigger ratings than any of the networks,” Cheung said in a post on X.

Trump had previously called for the broadcast licenses of ABC News and NBC to be revoked over what he described as “unfair coverage of Republicans and/or Conservatives.” He also accused the networks of being “an arm of the Democrat Party.”

The Federal Communications Commission (FCC) in April ordered an early review of license renewals for eight Disney-owned ABC television stations. The FCC was also looking into whether ABC’s daytime talk show “The View” violated federal rules requiring broadcast stations to provide equal airtime to all political party candidates.

Tyler Durden Fri, 07/17/2026 - 17:20
https://ift.tt/tNYFJn7
from ZeroHedge News https://ift.tt/tNYFJn7
via IFTTT

After Trump's 'Election Cyber-F**kery' Speech, "The Game Is Gonna Get Rough Now"...

2026-07-17T14:19:29.035-07:00

After Trump's 'Election Cyber-F**kery' Speech, "The Game Is Gonna Get Rough Now"...

Authored by James Howard Kunstler,

“. . . the Democrat Party. . . are morally bankrupt nincompoops who have been beaten by the establishment like the rented mules they are. “

- Kurt Schlichter on X

Strange to relate, in last night’s speech to the nation on election chicanery, President Trump managed to both overwhelm and underwhelm public expectation.

He touched on voting machine shenanigans, registration skullduggery, cyber-fuckery, labor union toolery, ballot fraud, and especially China meddling.

Internal CIA / FBI docs at the time said that China’s policy around the 2020 US election was to “leverage all domestic and foreign elements” opposed to the President to prevent his re-election. The Intel bunch never sent that memo to the White House. They were too busy pushing fake Russia meddling, fake impeachment, and a fake Covid-19 pandemic. Then they declared the 2020 was “the most secure election in history.”

As of yesterday, the President de-classified many thousands of Intel agency documents for the public (and news media) to peruse.

And naturally, the major cable news networks (except Fox) declined to broadcast the speech.

As of Friday morning, The New York Times leads the offensive to disparage the actual news.

He’s Obsessed, that Trump!

The actual news: China hacked over 220-million voter registrations, plus social security files; manufactured and shipped tens of thousands of fake US driver’s licenses to be used in motor-voter states; and paid favored US journalists to write negative articles about Mr. Trump. The Department of Homeland Security reported 278,000 non-citizens were registered to vote in federal elections. But that number was compiled only from states that complied with DOJ demands for voter rolls. California, New York, and Illinois and many other states refused, so the number is probably more than double the DHS figure.

The big take-away was that US Intel agencies withheld all this intel from the President of the US, Mr. Trump, in the lead-up to the 2020 vote.

Yes, there really is Deep State, as seen starkly in a now-declassified memo from the then-chief of the FBI’s Counterintelligence Division, one Nikki Floris, who wrote “I’m basically running a shadow government at this point” by hiding information from POTUS.

Ms. Floris is now employed as Microsoft’s Director of Insider Risk (former Deputy Attorney General under “Joe Biden,” Lisa Monaco, is President of Microsoft Global Affairs.)

According to the NY Post’s Miranda Devine, in August 2020, Nikki Floris also tried to hoodwink Senators Chuck Grassley and Rob Johnson, telling them the Hunter Biden laptop was a Russian op — a gag later ratified by fifty-one former intel officers (including five former CIA Directors) who signed the notorious October letter to the news media.

All of this activity, Mr. Trump averred, amounted to a cover-up of a conspiracy by members of the permanent bureaucracy to overthrow the government. And that is exactly why more than one federal grand jury is convened in Fort Pierce, Florida, right now, to sort out who, exactly, is going to account for these rather grave crimes. The new document release is apt to accelerate the work of US Attorneys there, since declassification is the biggest routine holdup in the process.

On the “underwhelming” side of the president’s speech, there was little mention of the swing-state ballot fraud enabled and conducted by local election officials in Fulton County, Georgia, Maricopa County, Arizona, Milwaukee, Wisconsin, Antrim County, Michigan, Mesa County, Colorado, and Philadelphia, PA. But you know that the FBI raided Fulton County election headquarters months ago and seized around 700 boxes of evidence, and then reassigned 260 FBI agents to examine all the material. All that might still be to-come.

Then there is the question of the millions of dollars that Hunter Biden winkled out of China over the years before the 2020 election — records of which were stuffed in his infamous laptop, along with photos and video of his sexual exploits there — and whether Hunter’s father, Joe, was a blackmail captive of China leading up to that election. Stay tuned on that.

Altogether, Mr. Trump’s speech and document drops are obviously an effort to move election reform, the Save America Act, through Congress, where it has languished in a procedural miasma for months due to one man: Senate Majority Leader John Thune. The President’s emphasis last night on China’s election meddling is purposeful in ways not broadly apprehended, but I will tell you:

If Congress does not find a way to vote that bill out to Mr. Trump’s desk before they recess for the rest of the summer in late July, Mr. Trump will invoke an executive order under the National Emergencies Act (NEA) — Public Law 94-412; codified at 50 U.S.C. §§ 1601–1651 — requiring the fifty states to employ all the same provisions that are in the SAVE America Act for the 2026 midterm elections. Under the NEA, the federal courts cannot be used to fight or strike down the executive order; it can only be stopped by a two-thirds vote in both the House and the Senate.

If that is the course that this takes, you can expect Antifa and the Democratic-Socialist foot-soldiers to take to the streets this fall in a violently-amplified episode of “No Kings” demonstrations — because fair and honest elections with citizens-only voting will mean the end of the Democratic Party, and they know it. Last night’s move by President Trump is only the opening bid of a quickening game against the Deep State, and their partners-in-sedition.

The game is gonna get rough now.

Tyler Durden Fri, 07/17/2026 - 16:20
https://ift.tt/U2G4CRs
from ZeroHedge News https://ift.tt/U2G4CRs
via IFTTT

Iran Tells Houthis To Close Red Sea Energy Chokepoint If Trump Bombs Power Grid

2026-07-16T14:19:47.141-07:00

Iran Tells Houthis To Close Red Sea Energy Chokepoint If Trump Bombs Power Grid

Yemen's Houthis have long warned of their ability to close the Red Sea oil route, but have by and large stayed on the sidelines of the expanding Gulf regional conflict which is focused on Iran since Operation Epic Fury began.

Things began changing dramatically this month, however, after Saudi warplane incursions into Yemen - which bombed Sanaa International Airport on July 13 - in an effort to prevent an Iranian commercial jet from landing there.

via Marine Insight

The Houthis responded by sending missile and drones on Saudi Arabian airbases and infrastructure, opening up the possibility of renewed Saudi-Houthi war (hearkening back to the more intense war of the prior decade).

Houthi rhetoric is growing, related to the US-Israel war on Iran:

The leader of Yemen’s Houthi movement has denounced US and Israeli collaboration as the source of the problems in the Middle East.

In a televised address, Abdel-Malik al-Houthi also blamed Saudi leaders for advancing US and Israeli objectives in the region. “The United States and Israel are the source of evil and instability in the world,” al-Houthi said.

In a rare moment of the now long-running conflict, on Thursday reports have emerged that Tehran is actively requesting that the Houthis join the war in the scenario that Washington begins attacking Iran's power infrastructure.

This is after President Trump told Fox News on Tuesday evening that "Next week it gets really bad for them because next week comes the power plants."

"Next week comes the bridges. We’re going to knock out all their power plants. We’re going to knock out all their bridges unless they get to the table and negotiate," he warned.

But according to Reuters, Iran still has another escalatory card of its own to play:

Iran has asked Yemen’s Houthi rebels to stand ready to close the Red Sea oil route if the United States strikes Iranian power infrastructure, three sources told Reuters on Thursday, posing a potent new threat to global energy supplies.

The idea has been discussed within the Islamic Republic’s leadership, and the message has been conveyed to Iran’s Houthi allies, two senior Iranian sources and a regional source familiar with the matter said, speaking on condition of anonymity. The sources said the Houthis had been informed recently of Tehran’s request, which has not been previously reported.

It's long been reported that the Houthis have indeed been making preparations to attack shipping by deploying missiles and drones near Bab el-Mandeb Strait, which is the crucial entry point to the Red Sea.

The Telegraph, citing sources in Yemen, reports that the Houthis are preparing contingency plans to close the Bab al-Mandeb Strait in coordination with Iran if Tehran decides to escalate the conflict further.

According to the report, the Houthis are expanding ties with Somalia's… pic.twitter.com/2ugHuY5Wde
— OSINTdefender (@sentdefender) July 16, 2026

This could obviously greatly exacerbate the global energy crisis - and would likely set off a new round of regional escalation - which might also see Houthi missiles once again targeting southern Israel, but also Saudi Arabia and the GCC allies.

Tyler Durden Thu, 07/16/2026 - 15:20
https://ift.tt/IChF2fJ
from ZeroHedge News https://ift.tt/IChF2fJ
via IFTTT

NYC Council Grapples With Debate Over Bill To Ban Horse-Drawn Carriages

2026-07-16T14:19:38.072-07:00

NYC Council Grapples With Debate Over Bill To Ban Horse-Drawn Carriages

Authored by Nicholas Zifcak via The Epoch Times,

The family of Romanch Mahajan delivered emotional testimony over video link and in person on July 15, during a New York City Council hearing about a law that would phase out carriage horse rides in Central Park.

Tearful aunts and uncles of the deceased 18-year-old urged city council to outlaw the horse-drawn carriage rides and spare other families the grief they are still struggling to cope with.

The law, renamed in honor of the teen from India who died on June 17, would stop the city from issuing new licenses and over two years phase out the horse-drawn carriage rides through Central Park by June 1, 2028.

Majahan was thrown from a carriage after the horse spooked and bolted during a ride with his family on June 17 during their visit to New York. At the time the carriage driver had stepped down to take a photo of the Mahajan family in the carriage. City law requires carriage drivers to hold the reins of horses at all times.

Testimony from the family was followed by city officials, animal rights activists, and the union representing carriage drivers, TWU Local 100.

On Tuesday, New York City Council Speaker Julie Menin announced her support for the bill in a video on X, calling the teen’s death “heartbreaking and infuriating,” and preventable. She said it’s time “to begin the transition away from horse-drawn carriages. “

Multiple past attempts to end the horse-drawn carriage rides in Central Park have failed. The previous bill, Ryder’s law, introduced in 2022, was blocked by then-Speaker Adrienne Adams, according to former council member Bob Holden, who introduced the bill and attended Wednesday’s hearing to testify.

City Council members focused on how to help the 208 drivers navigate a career change and how to make sure horses are not sold for meat or end up pulling a carriage somewhere else.

Dr. Gabriel Cook, a veterinarian who was hired by carriage owners to look after the health of their horses, said the bill would be a death sentence for the horses. He said many horse retirement sanctuary facilities struggle financially and are not necessarily a better environment for the horses than their current stables.

Council Member James Gennaro of Queens berated city officials for lax enforcement of city law, demanding to know how many carriage medallions were revoked or suspended for violations in recent years.

“What have you done to enforce?” asked Gennaro when questioning Carlos Ortiz, the deputy commissioner at the city’s Department of Consumer and Worker Protection. Ortiz said there have been suspensions but could not provide exact numbers.

Gennaro favors reforming the industry and introduced a bill on June 11 that would require the city to study ways to improve safety for horses by such improvements as allowing pitching posts in the park to tie horses up and allowing them to start working at 7 a.m., when temperatures are cooler.

Ashley Byrne of People for the Ethical Treatment of Animals (PETA), echoed Gennaro’s argument of “little to no enforcement from the city,” leading to the injury and death of a long list of horses over the past several decades.

Gennaro challenged Byrne in a heated exchange about what PETA has done for horses after the death in June of carriage horse Deniz, which TWU Local 100 has said died from eating poisonous Japanese yew that the Central Park Conservancy had planted within reach of the carriage route. Gennaro said he organized a campaign and reached out to the Conservancy.

“What have I done about a plant?” Byrne shot back at Gennaro as the audience jeered the council member. But Gennaro’s allotted time was up.

Speaking on the topic on July 14, Mayor Zohran Mamdani expressed concern that adequate assistance be provided to carriage drivers, who would be put out of work.

“We support the spirit of the bill,” Mamdani told reporters, speaking at an unrelated press conference on July 14 in Inwood, Manhattan.

He suggested that the council do more to make sure drivers and stable hands employed in the industry find new employment.

Tyler Durden Thu, 07/16/2026 - 13:45
https://ift.tt/7DsmUwS
from ZeroHedge News https://ift.tt/7DsmUwS
via IFTTT

US Utilities Requested $9.2BN In Rate Hikes In Q2, Up 26% From Previous Year

2026-07-15T14:19:32.491-07:00

US Utilities Requested $9.2BN In Rate Hikes In Q2, Up 26% From Previous Year

By Ethan Howland of UtilityDive

Electric and gas utilities in the second quarter asked state regulators to approve $9.2 billion in rate hikes, up 26% from the $7.3 billion in rate increase proposals filed in the same period last year, according to an updated report released Tuesday by the advocacy group PowerLines.

In the first half this year, utilities asked for $18.6 billion in rate hikes, down from about $25 billion in the same period last year, according to data collected by the nonprofit.

The report comes as average U.S. residential electric rates increased 7.3% from the year before to 18.8 cents/kWh in April, according to the U.S. Energy Information Administration. As a result, “regulators face mounting pressure to scrutinize utility spending plans while balancing the infrastructure investments that a modernizing grid genuinely requires,” PowerLines said.

The utility sector appears to be entering a capital investment “super-cycle” amid growing affordability concerns. Backlash to rising bills has prompted protests by consumers and their advocates, as well as new state laws intended to tackle the issue.

The Edison Electric Institute, a trade group for investor-owned utilities, estimates that IOUs will spend about $1.4 trillion from this year through 2030 on capital investments. EEI expects capital expenditures will jump 17% this year to nearly $239 billion, from about $204 billion in 2025.

Some utilities contend they can make the investments without significantly affecting their rates. FirstEnergy, for example, is proposing to increase its electric rates in Ohio over three years by about $392 million — partly to cover roughly $2.5 billion in planned capital expenditures. The company says this will increase average annual residential customer bills by less than 3% a year.

According to PowerLines and public filings, other rate hike proposals utilities filed in the second quarter include:

Dominion Energy in Virginia is seeking about $1.5 billion across three rate requests;
Oncor in Texas requested the largest single increase in the second quarter, at $1.2 billion, driven largely by transmission and distribution investments to meet demand from the oil and gas industry and data centers in the Permian Basin;
We Energies in Wisconsin is seeking about $606 million in rate increases;
DTE Energy in Michigan is seeking an increase of $474 million; and,
Consumers Energy in Michigan is asking for a rate hike of $456 million.

The proposed rate increases in the Midwest total about $193 per customer, followed by $172 per customer in the South, $135 per customer in the Northeast and $110 per customer in the West, according to the data from PowerLines.

Utility regulators will scrutinize the rate hike proposals in the coming months.

“These requests, while often approved at a lower cost than utilities propose, have a high chance of reaching consumer bills in some form,” PowerLines said.

State regulators approved 58% of the total costs utilities sought to add to their rates from 2023 through 2024, the organization said.

U.S. residential customers paid 18.8 cents/kWh on average in April, up 7.3% from the year before, according to the latest data from the Energy Information Administration.

Those costs ranged from 12.4 cents/kWh in North Dakota to 46.6 cents/kWh in Hawai’i. The other highest cost states for residential customers were California at 35.3 cents/kWk, Connecticut at 32.2 cents/kWh and Massachusetts and New York at 29.5 cents/kWh.

Eversource Energy’s Connecticut Light and Power subsidiary is preparing to seek a $503 million rate increase, according to a May 20 filing at the Connecticut Public Utilities Regulatory Authority. If approved, it would increase residential rates by about 13%, the utility estimated.

CL&P said it would show PURA it has strategies to keep customer bills as stable and affordable as possible, while keeping the distribution system reliable.

Tyler Durden Wed, 07/15/2026 - 15:05
https://ift.tt/HBjJ0x5
from ZeroHedge News https://ift.tt/HBjJ0x5
via IFTTT

US Gasoline Prices Could Top $4 Per Gallon Within Days

2026-07-15T14:19:21.884-07:00

US Gasoline Prices Could Top $4 Per Gallon Within Days

After several weeks of reprieve for drivers, the US national average price of gasoline could top $4 per gallon within a week, as crude oil prices rallied by about 12% in the three days since Friday amid the all-but-collapsed U.S.-Iran ceasefire.

The renewed hostilities in the Middle East have fueled a new crude oil price rally this week, while tight fuel markets globally are also pushing US prices at the pump higher, OilPrice notes.

“I've seen enough and believe the national average price of gasoline will again reach $4/gal in the next 7-10 days, if not sooner,” Patrick De Haan, head of petroleum analysis at GasBuddy, wrote late on Monday, when crude had surged by 9% on the day following the announcement of U.S. President Donald Trump that the U.S. blockade on Iran would be re-imposed on July 14.

GasBuddy’s key analyst expects price increases of $0.15-0.45 per gallon, depending on price cycling, in the next week or so.

Early this week, the average U.S. national price of gasoline rose for the first time since May, as the re-escalation of hostilities in the entire Middle Eastern region prompted an oil rally with prices hitting more than one-month highs.

As of the end of the day on July 14, the national average was $3.8590 per gallon, according to AAA data. That’s up from the $3.79 average from a week ago.

“The pain at the pump is about to intensify, and this time it's not one story driving it, it's two,” GasBuddy’s De Haan wrote earlier this week, noting the double gas price whammy of the re-escalation in the Middle East and Ukraine systematically knocking out Russian refining capacity.

“I now expect the national average price of gasoline to reach $4 per gallon in the next 7-10 days, if not sooner, while the U.S. average diesel price is likely to again reach $5 per gallon by the end of this week, potentially as soon as Friday,” De Haan said.

Tyler Durden Wed, 07/15/2026 - 14:20
https://ift.tt/HCDSVd8
from ZeroHedge News https://ift.tt/HCDSVd8
via IFTTT

Rubio Pledges To Dismantle International Criminal Court's Threat To US Sovereignty

2026-07-14T16:19:29.450-07:00

Rubio Pledges To Dismantle International Criminal Court's Threat To US Sovereignty

Authored by Victoria Friedman via The Epoch Times,

The State Department is launching a campaign to “dismantle the threat posed by the International Criminal Court to U.S. sovereignty,” the department said, including through disabling the court’s ability to target American servicemen or officials.

The State Department said in a July 13 statement that actions under consideration include U.S. officials contacting foreign nations to highlight the ICC’s abuses and the risk posed to other countries by the court, and urging them to withdraw from the body.

The Trump administration is also considering revoking visas and imposing travel bans on ICC personnel, imposing increased sanctions against the ICC and its affiliates, and increasing pressure on nations that refuse to reject ICC rulings while still relying on U.S. assistance.

“No diplomatic option will be off-limits in the campaign to dismantle the threat posed by the ICC to Americans,” the department said.

The ICC was established in 2002 to prosecute genocide, war crimes, and crimes against humanity, asserting its jurisdiction if a member of the ICC is unable or unwilling to undertake prosecutions itself.

The United States has never been a member of the ICC; however, the court’s statutes give it the power to prosecute crimes committed in a member state by nationals of non-member states, including Americans.

“The ICC poses an intolerable threat to U.S. sovereignty - it claims the authority to prosecute and even imprison American servicemen and officials operating on behalf of America’s national interest,” the State Department said.

“Americans never signed up for this, and all American presidents since the ICC’s ratification have maintained that the ICC does not have jurisdiction over Americans.”

The ICC’s spokesperson, Oriane Maillet, said the court would not comment on the matter at this stage.

President Donald Trump’s opposition to the court goes back to his first term in office. He and other officials in Washington have long said the ICC should not have the authority to investigate and prosecute U.S. citizens, particularly members of the military.

In March 2020, ICC prosecutors opened an investigation in Afghanistan that included looking into possible crimes by U.S. military personnel. However, since 2021, it has deprioritized the United States’ role, focusing ⁠on alleged crimes committed by Taliban forces and the Afghan government.

‘Waging a War Against Our Country’

“As we speak, the ICC and its friends are waging a war against our country, not with bullets or missiles, but with statutes and compacts and the force of so-called international law,” Secretary of State Marco Rubio said in a video message posted on July 13.

Rubio said that when the ICC was established, it said it was limited to dealing with the most serious of offenses.

“But the truth is, it was something far more radical and extreme. It was a global tribunal staffed by unelected globalist bureaucrats who claim their power is almost unlimited,” he said.

Rubio said that the court’s power has only continued to grow, and that the United States should not stand idle and let judges living thousands of miles away make determinations well beyond their jurisdiction.

“The American people never agreed to any of this, and they never will,” Rubio said.

“Read the words of our Declaration of Independence. We fought a revolution against a foreign power, transporting us beyond seas to be tried for pretended offenses. Independence is our birthright. We will never let foreign bureaucrats take that away from us.”

In December 2025, Rubio sanctioned two ICC judges after accusing them of being engaged in the “illegitimate targeting” of Israel. Rubio said at the time that neither the United States nor Israel is a party to the Rome Statute, the international treaty that established the ICC, and therefore rejected the court’s jurisdiction.

“The ICC has continued to engage in politicized actions targeting Israel, which set a dangerous precedent for all nations. We will not tolerate ICC abuses of power that violate the sovereignty of the United States and Israel and wrongly subject U.S. and Israeli persons to the ICC’s jurisdiction,” Rubio said in the Dec. 18 statement.

Tyler Durden Tue, 07/14/2026 - 17:00
https://ift.tt/lrJYWgy
from ZeroHedge News https://ift.tt/lrJYWgy
via IFTTT

Venezuela's Oil Revival Faces A Critical Services Bottleneck

2026-07-14T14:19:02.538-07:00

Venezuela's Oil Revival Faces A Critical Services Bottleneck

Authored by Rystad Energy via OilPrice.com,

Venezuela could increase crude production by about 194,000 bpd by late 2028, with most growth coming from existing producing fields rather than new discoveries.
International oil companies led by Chevron are expected to deliver nearly two-thirds of the forecast production increase through brownfield investments.
The biggest obstacles are operational, including drilling rigs, diluent supplies, infrastructure upgrades, and a competitive fiscal regime capable of attracting long-term investment.

Venezuela's upstream industry has entered a new phase. Following sweeping hydrocarbon reforms and broader geopolitical developments in early 2026, the conversation has shifted from whether the country can reopen its oil sector to whether it can successfully execute a meaningful production recovery. The country's resource potential has never been in doubt. The greater challenge now lies in converting policy momentum into sustained operational growth.

Rystad Energy estimates Venezuela's crude production could increase by approximately 17%, or around 194,000 barrels per day (bpd), between the fourth quarter of 2025 and the fourth quarter of 2028. Importantly, this growth is expected to come primarily from existing producing assets rather than large-scale new discoveries, highlighting that operational execution, not resource availability, will determine the pace of recovery.

Near-term production growth will be dominated by heavier crude grades. Around three-quarters of Venezuela's output through 2028 is expected to come from heavy, extra-heavy crude and bitumen, with the Orinoco Oil Belt accounting for roughly 60% of total production. This makes access to diluents, workover activity, infill drilling, and mature field management considerably more important than reserve additions over the next several years.

Venezuela upstream figure 1

International operators are driving the recovery

International oil companies (IOCs) are expected to contribute nearly two-thirds of Venezuela's forecast production increase through 2028. Chevron remains the largest contributor, followed by Repsol, Eni, Maha Energy and Maurel & Prom. Most of this growth is expected to come from expanding production at existing joint ventures, reflecting renewed investment following regulatory changes and sanctions relief rather than greenfield developments.

Chevron continues to occupy a particularly strategic position. Recent portfolio adjustments have strengthened its exposure to the Orinoco Oil Belt, while future production growth is expected to rely on brownfield optimization, infill drilling and the phased development of Ayacucho 8. Beyond Chevron, companies such as Eni and Repsol continue to play a dual role in both Venezuela's crude and natural gas sectors through assets including the Cardón IV block and the giant Perla gas field.

However, international participation remains highly selective. Companies continue to balance the opportunity presented by Venezuela's vast resource base against fiscal uncertainty, operational complexity and long-term investment risk.

Execution, not geology, remains the key constraint

While policy reforms have improved the investment outlook, they do not eliminate the operational bottlenecks that have constrained production for years.

Sustained production growth will require continuous access to diluents, higher drilling activity, extensive workover campaigns, improved infrastructure and significantly greater rig availability. These operational requirements represent the critical link between resource potential and realized production.

Fiscal competitiveness also remains an important consideration. International operators have indicated that future capital commitments will depend on further improvements to Venezuela's fiscal framework, particularly around royalty rates and taxation. Lower project breakeven costs through more competitive fiscal terms could materially improve investment economics and encourage broader participation across the sector.

Oilfield services could become the industry's defining bottleneck

Perhaps the greatest challenge facing Venezuela's recovery lies beyond the upstream operators themselves. The Venezuelan Oil Ministry has identified a requirement for 93 active drilling rigs by 2028, a significant increase from current activity levels. Achieving this target would require a phased expansion involving reactivating domestic rigs, refurbishing idle equipment, and eventually importing additional rigs from international markets.

This creates substantial opportunities for drilling contractors and oilfield service providers but also highlights the scale of the execution challenge. Companies must balance equipment mobilization costs, contract duration requirements, and country risk before committing capital.

Local contractors have begun reactivating existing fleets, while international service providers remain more cautious, waiting for greater evidence that recent policy reforms will translate into a stable, commercially attractive operating environment. As a result, rebuilding operational capacity may ultimately prove just as important as attracting upstream investment.

Venezuela upstream figure 2

The next phase depends on implementation

The 2026 Hydrocarbons Law represents one of the most significant structural reforms to Venezuela's upstream sector in decades. By expanding opportunities for private participation and introducing greater fiscal flexibility, the legislation has created a more attractive framework for future investment.

Yet legislation alone cannot restore production. The speed of implementation, the stability of fiscal policy, continued sanctions relief, and the industry's ability to rebuild operational capacity will ultimately determine whether Venezuela can translate ambition into sustained output growth.

For investors and operators alike, the opportunity is considerable. But the country's upstream revival will depend less on the size of its resource base than on its ability to consistently execute across drilling, infrastructure, services, and investment policy. That execution gap, not geology, is likely to define Venezuela's production trajectory over the remainder of the decade.

Tyler Durden Tue, 07/14/2026 - 15:45
https://ift.tt/cJ6SPEy
from ZeroHedge News https://ift.tt/cJ6SPEy
via IFTTT

Believe All Women - Unless They're Inconvenient

2026-07-13T16:19:18.381-07:00

Believe All Women - Unless They're Inconvenient

Authored by Frank Salvato via The American Spectator,

The political Left has spent years promoting the slogan "Believe All Women," using it as a powerful weapon against conservatives, especially during critical events like the Brett Kavanaugh confirmation hearings. But this mantra has never been about seeking justice or protecting victims; instead, it serves as a cynical tool for gaining power - a way to undermine opponents while conveniently overlooking the serial abusers, gropers, and predators within their own ranks.

When the alleged victims are conservative women, or when the accused belong to the "right" political party, the Left's proclaimed solidarity vanishes, replaced by silence, excuses, and even cover-ups. This hypocrisy is a fundamental aspect of a movement that prioritizes tribal loyalty over truth, power over principles, and narrative over the genuine suffering of women.

True protection for women requires consistency, evidence, and fairness - not selective blindness from those on the Left.

Take Joe Biden, the dilapidated standard-bearer of the Democrat Party. Tara Reade, a former Senate staffer, came forward with detailed allegations that Biden sexually assaulted her in 1993 by pinning her against a wall and digitally penetrating her. There was corroboration for her claims, including a friend she confided in at the time and a 1993 call to Larry King's show in which her mother referenced the incident.

However, the mainstream media, which claims to support the #BelieveWomen and the #MeToo movements, downplayed the story, questioned Reade's credibility, and defended Biden. The New York Times and the Washington Post published skeptical investigations that minimized Biden's pattern of "inappropriate touching" with multiple women. When Biden denied the allegations, the Left largely shrugged it off and continued to support him.

In contrast, any conservative accusation is met with immediate, intense scrutiny. Reade's claims posed a threat to the favorable image of their presidential candidate, so the media largely ignored them. Women only seem to matter when their stories align with the cause.

Andrew Cuomo, the former governor of New York who was once celebrated as "America's Governor" during the COVID-19 pandemic, faced credible allegations of sexual harassment from multiple women, including former staff members. These women described a troubling pattern of unwanted advances, groping, and a hostile work environment. Cuomo resigned amid the scandal; however, many Democrats rallied to his defense, with some downplaying the allegations as mere political attacks.

The media, which called for resignations in response to lesser offenses by conservatives, treated Cuomo's downfall as a reluctant necessity rather than a justified outrage. Where were the #BelieveAllWomen and #MeToo movements during this situation? Nowhere - because Cuomo was a powerful Democrat.

Al Franken, a comedian who later became a Senator, faced accusations from multiple women regarding inappropriate touching and forced kisses during his career in entertainment and politics. Photos surfaced of him mock-groping a sleeping colleague. Although Franken resigned from his position, many prominent voices on the Left, including some feminists, expressed regret over the loss of what they considered a "good man" and questioned whether the response was proportional. The urgency for judgment, typically directed at Republicans, was replaced by concerns about due process - only when it was convenient for their side.

Keith Ellison, a Congressman from Minnesota and former deputy chair of the Democrat National Committee, faced serious domestic abuse allegations from his ex-girlfriend, Karen Monahan. Her son claimed to have witnessed a video showing Ellison dragging her off a bed by her feet while shouting obscenities and making threats. Medical records and text messages supported aspects of her claims of abuse. Ellison denied all the allegations, and many on the left largely ignored the situation. As a rising star in progressive circles, his actions went overlooked.

There was no sustained outrage or calls for investigation from the usual advocates. In contrast, conservative women making similar allegations would likely have faced heavy scrutiny. Monahan, Ellison's alleged victim, faded into the background.

Eric Swalwell, the California Democrat, continues to face mounting scandals. Multiple women, including a former staffer, have accused him of sexual misconduct, ranging from sending naked, unsolicited messages to rape while the women were intoxicated or incapacitated. One woman provided a detailed account of being assaulted in a hotel room, which is corroborated by texts and eyewitnesses. Although Swalwell has denied these allegations, the consistent pattern raises serious concerns about entitlement.

Despite this troubling situation, the partisan machinery that typically amplifies accusations against conservatives has reacted sluggishly. Swalwell remains prominent in Leftist and Democrat circles, and his ambitions have only recently faced setbacks.

Even Graham Platner, the Democrat Senate nominee in Maine challenging Susan Collins, exposes the farce. Platner enjoyed robust support from the progressive apparatus, including Bernie Sanders allies, as a populist veteran and oysterman - until Jenny Racicot, a Maine woman from the Left who had dated him, came forward with a rape allegation. She detailed how in 2021, an intoxicated Platner entered her home uninvited, ignored her repeated objections, and forced himself on her despite her clear refusal. Only after this credible accusation from within their own camp - reported by outlets like Politico - did the Democrat establishment and mainstream media, including the New York Times, finally cease their backing, with calls for him to withdraw flooding in.

Prior controversies, including other troubling claims about their relationship, hadn't stopped them. But a Democrat woman's direct rape accusation? That finally pierced the protective bubble. The selective timing reveals everything: their #BelieveAllWomen and #MeToo piety is reserved for enemies, not inconvenient allies.

Conservative women, such as those who were criticized during the #MeToo movement or attacked for supporting America First policies, find little support from the Left. The Kavanaugh hearings demonstrated the strategy: use unproven allegations against those who threaten the agenda, and then discard principles when they implicate allies. The media-Democrat complex doesn't genuinely "believe all women"; rather, it selectively supports women at the right time for political gain; for the political "kill shot." Victims who do not fit this narrative - whether they are Republican, conservative, or simply inconvenient - are often dismissed as liars, opportunists, or fabricators; dragged through the mud into the public square.

This hypocrisy undermines trust in institutions - especially the media - and the experiences of genuine victims. Real abuse exists and deserves serious investigation with due process, rather than being used for partisan gain.

The Left's #BelieveAllWomen and #MeToo movements were never based on principles; instead, they served as a performative tactic to consolidate power. They overlook crimes against conservative women because acknowledging those victims would expose the underlying hypocrisy. This mandate only applies when it supports the Marxist, identity-focused agenda that reduces women to mere props in a cultural battle.

True protection for women requires consistency, evidence, and fairness - not selective blindness from those on the Left who preach empathy while practicing ruthless expediency.

Their silence regarding their own predators speaks volumes: power always trumps principle.

Frank Salvato is a 30-year independent journalist focused on constitutionalism and threats to the free West.

Tyler Durden Mon, 07/13/2026 - 16:20
https://ift.tt/f31mBC6
from ZeroHedge News https://ift.tt/f31mBC6
via IFTTT

McConnell Watch: CNN Duped Into Running Fake X Post Mocking Its Own Analyst

2026-07-12T16:19:27.239-07:00

McConnell Watch: CNN Duped Into Running Fake X Post Mocking Its Own Analyst

Authored by Ben Sellers via Headline USA,

OOPS: CNN This Morning cites parody account of fake congressman @RepJackKimble on list of quotes about Sen. Mitch McConnell's health. pic.twitter.com/GBXJ37bkoe
— Nick (@nspin310) July 8, 2026

Since last year's corporate takeover of CNN's parent company, Warner Brothers, by Paramount Skydance and its Trump-friendly CEO, David Ellison, the notoriously left-slanted network has been braced for the inevitable fallout.

A humiliating on-air mistake that involved quoting a fake member of Congress may be just the catalyst needed for some heavy-handed house-cleaning.

On Wednesday, "CNN This Morning" anchor Audie Cornish shared a series of social-media statements from GOP insiders who claimed to have been in contact with AWOL Sen. Mitch McConnell, R-Ky.

The roundup included statements from spokespeople for Senate Majority Leader John Thune, R-S.D. and John Barrasso, R-Wyo., as well as former McConnell campaign adviser Scott Jennings, himself a regular CNN panelist.

"He's still recovering in the hospital. We talked for just shy of 20 minutes," Jennings wrote Tuesday in an X post.

Many found the "trust me" posts to be unconvincing amid mounting speculation that McConnell may be braindead, if not altogether deceased, following a June 14 medical emergency, and a growing clamor for proof-of-life evidence.

Jennings's post spawned several imitators, also claiming to have spoken to McConnell on a disparate array of unlikely topics.

I spoke to McConnell for about 20 minutes this morning. He said we should end the war with Iran, quit giving aid to Israel, stop spying on Americans without a warrant, and he's really sorry about how my primary turned out.
— Thomas Massie (@RepThomasMassie) July 7, 2026

Among the dubious claims was one from the spoof account of fake lawmaker Rep. Jack Kimble, representing California's 54th district (it currently has only 52).

"We talked for just shy of 45 minutes," the post said, following a familiar template.

"He's so sharp," it continued. "Just like always he let me do all of the talking. He's a great listener. After that we prayed silently for awhile and had a staring contest. Just like always, he beat me."

I spoke to my old friend Mitch McConnell this morning, the senior Senator from Kentucky. He's still recovering in the hospital. We talked for just shy of 45 minutes. He's so sharp. Just like always he let me do all of the talking. He's a great listener. After that we prayed…
— Rep. Jack Kimble (@RepJackKimble) July 7, 2026

Kimble's prank drew positive responses from both sides of the aisle.

Professional Trump hater George Conway, who recently lost his bid to be a Democrat congressman from New York, wrote, "You are my favorite Congressman."

You are my favorite Congressman
— George Conway (@gtconway3d) July 8, 2026

Meanwhile, Brendan Carr, a Trump ally and current chair of the Federal Communications Commission, seemed to take particular note of the allegations that CNN was exposing its left-wing biases once again, writing "oof" on a post that was commenting on the subject.

oof
— Brendan Carr (@BrendanCarrFCC) July 8, 2026

Cornish corrected the record on Thursday's broadcast, stating "Obviously we should not have done that, and we regret the error."

According to the New York Post, the parody Kimble account claims to be "the brainchild of a Chicago school teacher." The account, launched in 2009, has previously fooled the Washington Post and the Huffington Post website.

Kimble also has a book for sale on Amazon, titled Detective Jesus No. 1: Thou Shalt Not Kill.

Kimble claims in his X biography to be the co-sponsor of Poe's Law, which the Post described as "a reference to the internet adage that parodies of extreme political views are often mistaken for genuine statements unless clearly marked as satire."

Tyler Durden Sun, 07/12/2026 - 17:30
https://ift.tt/4bRdmou
from ZeroHedge News https://ift.tt/4bRdmou
via IFTTT

Trump Admin Subpoenas New York Times Reporters Over Coverage Of New Air Force One

2026-07-12T15:19:03.167-07:00

Trump Admin Subpoenas New York Times Reporters Over Coverage Of New Air Force One

The Justice Department issued grand jury subpoenas on Friday to four New York Times reporters, ordering them to testify in Manhattan on Wednesday about stories describing security gaps in the new Air Force One. Federal agents showed up at some of the reporters' homes to deliver the subpoenas in person, a detail that has The Times claiming amounts to government intimidation.

The four subpoenaed journalists are Julian E. Barnes, Eric Lipton, Tyler Pager, and Eric Schmitt. Jay Clayton, the U.S. attorney in Manhattan, issued the subpoenas, which offer almost nothing in the way of specifics beyond a request that the reporters testify "in regard to an alleged violation of federal criminal law."

The two stories in question ran on consecutive days this week, both built on anonymous sourcing. Wednesday's story claimed Trump left Turkey aboard the older Air Force One because the Secret Service urged the switch as a security precaution. Thursday's follow-up reported that the new Qatari-donated Boeing 747-8 lacks some of the advanced security features found on the older plane, including antimissile capabilities.

Those details describe the defensive capabilities of the aircraft that carries the president of the United States, sourced anonymously and published for anyone in the world to read, including people who wish the president harm.

"The appearance of federal law enforcement agents on the doorstep of news reporters should shock the conscience of any American who believes in the Constitution and the press freedom it protects," David McCraw, the top newsroom lawyer for the New York Times, said in a Friday evening statement. "Our journalists report the facts and advance the American public's right to know how their government is operating and their taxpayer dollars are being used. This brazen act should be seen as nothing more than an attempt to prevent the public from knowing what is happening in their country by intimidating journalists from doing their jobs."

The Times casts the subpoenas as further evidence of a uniquely hostile administration. "Mr. Trump has long been a harsh critic of the news media," the paper wrote. "But in his second term in office, he has moved aggressively to use the immense powers of the federal government in his efforts to attack the press."

The article also noted that "both Democratic and Republican administrations have initiated leak investigations into the disclosure of classified information," while adding that "subpoenas aimed at journalists are not common" and that First Amendment advocates warn they can chill newsgathering.

Historically, Justice Department leak investigations have generally focused on the government employees or contractors who disclosed classified information rather than the journalists or news organizations that published it.

When prosecutors have sought information from journalists, they usually issue subpoenas aimed at identifying sources or gathering evidence, not to punish the act of publication itself. Still, even in those cases, the press has not taken it well. For example, the Obama Justice Department secretly obtained two months of telephone records from more than 20 AP phone lines while investigating a classified leak tied to a foiled terrorist plot. The AP called the seizure a "massive and unprecedented intrusion" into its newsgathering operations, and the move drew criticism from press freedom organizations across the political spectrum. In investigating a leak involving North Korea, Obama's Department of Justice obtained a search warrant for Fox News reporter James Rosen's emails and phone records. To obtain the warrant, an FBI affidavit described Rosen as a possible "aider, abettor and/or co-conspirator" under the Espionage Act, despite Rosen never being charged with a crime. The same administration spent years trying to compel New York Times reporter James Risen to reveal a confidential source in the prosecution of former CIA officer Jeffrey Sterling.

The Justice Department addressed the current controversy in a statement posted to X, and its language suggests officials anticipated exactly the reaction The Times delivered.

"Every administration has addressed the crime of leaking national security information," the department said. "To the extent that we have to investigate breaches of national security, that's something that we will continue to do. To be clear, reporters are not the targets, those leaking classified information are."

The statement continued, "We value and appreciate the important role that the press plays in this country, but DOJ also plays an important role to make sure that the people entrusted with our nation's secrets do what they're supposed to do with that information, which means not sharing classified information. We recognize there may always be natural tension there, but we are not going to ignore the law and stop investigating the people who work in the administration and think it's okay to leak classified information impacting national security."

Tyler Durden Sun, 07/12/2026 - 16:55
https://ift.tt/DbxFLMU
from ZeroHedge News https://ift.tt/DbxFLMU
via IFTTT

Fifth Circuit Rules Against In-State Tuition For Illegal Aliens

2026-07-11T17:19:37.067-07:00

Fifth Circuit Rules Against In-State Tuition For Illegal Aliens

Authored by Catherine Salgado via PJMedia.com,

The Fifth Circuit Court of Appeals has ruled in favor of the Trump administration and against woke states or universities that try to provide special tuition breaks to illegal aliens.

Brett Shumate, who serves as the assistant attorney general for the Department of Justice (DOJ) Civil Division, celebrated the court win on Thursday, July 9. This is a victory not only for the Trump administration, which is trying to enforce laws at the state level against law-breaking foreigners, but also for American taxpayers, who perforce contribute to public universities that then give special deals to illegal aliens. Meanwhile, many Americans can’t afford to attend college.

It is important to note that the ruling specifically states that universities cannot provide in-state tuition to aliens when it does not provide such benefits to American nationals regardless of residency. It therefore undercuts the tuition break for foreigners on the explicit argument of it being unfair to citizens not residing in the state in question.

The case concerned whether Texas universities could provide in-state tuition to illegal aliens in defiance of federal law while denying lower tuition to non-Texas students. The state’s governor, Greg Abbott, is very pleased with the new circuit court ruling. “Texas and the Trump DOJ just secured another major victory for the rule of law,” he declared. “The Fifth Circuit upheld the END of in-state tuition for illegal immigrants in Texas.”

Judicial Hub reported that the judges appointed by Ronald Reagan (Judge Jerry Smith) and Donald Trump (Judge Don Willett) issued the majority ruling while the Joe Biden-appointed Judge Irma Ramirez dissented. The ruling stated, as mentioned above, “Section 1623(a) preempts what we call the Challenged Provisions vis-à-vis illegal aliens, barring states from conferring postsecondary education benefits on any illegal alien based on residence unless the same benefit is available to all U.S. citizens and nationals irrespective of residency.”

As of October 2025, 22 states were reportedly offering in-state tuition to illegal aliens. That represents almost half of the United States. Hopefully the federal government can now enforce the restrictions given the Fifth Circuit Court ruling, presuming Democrats do not make the move they so often make of simply ignoring court decisions they dislike.

To give just one example of how unfair many universities and states can be, the University of Arizona provides advice to “DACA/Dreamer Applicants” (i.e., illegal aliens) on how to obtain in-state tuition prices and merit scholarships. The University of Arizona also slashed the amount of merit scholarships it was giving to American citizen students for the incoming fall 2026 freshman class. Maybe if the university would stop wasting money on foreigners who are not legally allowed to be present in the state, it would have more money for American students.

Tyler Durden Sat, 07/11/2026 - 17:30
https://ift.tt/VMc2NZ8
from ZeroHedge News https://ift.tt/VMc2NZ8
via IFTTT

The COVID Reckoning That Never Came

2026-07-11T14:19:10.147-07:00

The COVID Reckoning That Never Came

Authored by Ed Dowd via 'Beyond The Narrative' substack,

The COVID Reckoning That Never Came... And the Silence That Proves the Psyop

Over the last several years I have been posting nonstop on X about the same nightmares we’ve been living through…the COVID psyop, the experimental mRNA shots, the mandates that destroyed lives, the injuries, the excess deaths, and the relentless propaganda machine that tried to silence anyone who noticed the bodies piling up. I have watched it all in real time: the fear porn, the goalpost moving, the “safe and effective” lies repeated like gospel while real-world data told a different story.

Now we have fresh, documented revelations that should have blown the lid off of everything. Instead? Crickets from the media and, more disappointingly, from the current administration that promised accountability.

Senator Ron Johnson dropped another devastating report and hearing in late April 2026: “Unmasked: How Biden Health Officials Purposely Turned a Blind Eye Toward COVID-19 Vaccine Safety Signals.” Internal records show FDA officials knew their VAERS monitoring was inadequate to say least. They had better data-mining tools ready to flag clear safety signals: cardiac deaths, strokes, pulmonary issues, Bell’s palsy but they chose not to use them. Why? To avoid “vaccine hesitancy.”

This was not screw-up territory. It was deliberate. Vaccine-injured people sat across from Peter Marks and other top FDA brass begging for acknowledgment. They got stonewalled. Johnson rightly calls this one of the biggest scandals in his decades in public service. Then in early June he held another hearing exposing potential cancer links to the mRNA shots and the systematic suppression of critical studies. Same playbook: inconvenient science gets buried or attacked.

Around the same time, Tulsi Gabbard, in one of her final moves as DNI, declassified documents laying out Fauci’s role in funding gain-of-function research at Wuhan, the lab-leak cover-up, the intelligence manipulation, and the retaliation against truth-tellers. Millions of taxpayer dollars funneled into risky biolabs, followed by the full narrative-control machine kicking in to blame nature instead of the obvious.

These are not anonymous X threads. This is a sitting Senator with subpoena power and the former Director of National Intelligence dropping official records.

So where is the firestorm? Where are the front-page exposés, the prime-time specials, the demands for real hearings and prosecutions? In 1976 the swine flu vaccine was pulled after 25 deaths and 500 cases of Guillain Barre Syndrome. In the covid shot era we have approximately 39,000 deaths reported to VAERS following the shot. Apparently lives got cheaper over the last 50 years. The legacy media has mostly ignored it, downplayed it, or run the usual “right-wing conspiracy” dismissals. Paid to lie… and crickets on recent FDA COVID vax revelations. Their complicity is not an understatement, rather it was essential to the entire psyop.

Even more frustrating is the relative silence from the current Trump administration. After years of vowing to expose the lies and drain the swamp on the pandemic response, these revelations land and… not much follow-through. No aggressive push for accountability. No sustained public reckoning for the officials who covered up safety signals or manipulated the origins story. That silence hits hard. Additionally the vaccines are still on the market and this administration is now complicit. What an epic failure!

A lot of us did not need Johnson’s reports or Gabbard’s declassifications to see the fraud. Back in 2022 and 2023, my team at Phinance Technologies was already digging into the data and uncovering the real narrative through our Humanity Projects. We analyzed excess deaths, disability surges, absence rates, and the human and economic costs of mass inoculations when almost no one else wanted to touch it. Check out the full body of work here: Humanity Projects

What we found through cold, hard numbers lined up with what the bodies on the ground were showing. We weren’t surprised by the latest revelations from Senator Johnson. We had been sounding the alarm years earlier, while getting labeled conspiracy theorists for it.

We watched the institutionally well-established benefits of natural immunity get summarily dismissed and memory holed. We saw “two weeks to flatten the curve” turn into endless boosters for the compliant and job losses for the unvaccinated. We saw friends and family injured or worse, then told it was “rare,” “coincidence,” or “misinformation.” Those of us who protested the mandates and the experimental mRNA shots were labeled Russian disinformation, dangerous spreaders, even domestic terrorists. It did not stick, but they tried.

For those who saw through the propaganda early, resisted it, and watched peers fall for it our worldview has forever changed. The greatest cover-up ever. But despite the MSM blackout, word has gotten out through underground channels, thanks in no small part to Senator Ron Johnson and others who refused to let subject die.

The betrayal runs deep. These new revelations do not surprise us but rather they confirm what the data and our own eyes showed years ago. They lied. They knew they were lying. They censored, gaslit, and destroyed lives to protect the narrative. Many institutions including public health, intelligence, media, Big Pharma were all in on it and still propagating the lies today.

That loss of trust is profound and permanent for millions of us. We no longer default to believing official statements. We demand primary data. We assume self-preservation and narrative control from authorities until proven otherwise. The COVID era did not just damage credibility on one issue instead it shattered how an entire group of people view government, “experts,” and authority. “Doing your own research” proved to be a critical lifesaver.

The people in authority still defending the garbage jab or pretending none of this matters can keep taking their 12 boosters (dirty little secret… they are not). The rest of us are done. We are profoundly changed. More skeptical. More data driven. Less willing to comply. Team Humanity was born out of this mess.

The window for real accountability is slamming shut. Even if these official revelations get memory-holed, the lesson is clear: they never planned to come clean. They want us to forget and move on to the next crisis.

I am not forgetting. And from what I see every day, millions are not either. As time rolls forward and the cognitive dissonance of those who took the vaccine wears off…our numbers will continue to grow.

“For nothing is hidden that will not be made manifest, nor is anything secret that will not be known and come to light.” — Luke 8:17

Tyler Durden Sat, 07/11/2026 - 16:20
https://ift.tt/aZWBvr8
from ZeroHedge News https://ift.tt/aZWBvr8
via IFTTT

Rubio Convenes 60-Nation Summit To Confront Transnational Far-Left Terrorism

2026-07-11T14:19:09.189-07:00

Rubio Convenes 60-Nation Summit To Confront Transnational Far-Left Terrorism

Secretary of State Marco Rubio has requested that senior officials from more than 60 countries convene in Washington next Thursday to discuss the alarming rise of transnational far-left terrorism, according to a Washington Post report.

The State Department confirmed the meeting in a post on X Friday afternoon titled, "Secretary of State Marco Rubio Is Setting His Sights on Antifa."

.@NEWSMAX: "Secretary of State Marco Rubio is setting his sights on Antifa." pic.twitter.com/dHZvcpFrHf
— Department of State (@StateDept) July 10, 2026

The initiative is intended to expand intelligence sharing, law-enforcement cooperation and potential terrorist designations targeting militant groups with alleged ties to Antifa.

Administration officials have discussed whether foreign-terrorism links could unlock broader investigative and surveillance powers against US-based far-left revolutionaries that are a part of subversion networks.

The problem is that countries have been addressing far-left revolutionaries as a domestic threat, but in fact it's transnational.

Due to overwhelming interest, we’re expanding the Ministerial on the Resurgence of Political Terrorism to additional countries who are working to combat the growing international threat of far-left violence. https://t.co/3LxNkhGY64
— Department of State (@StateDept) July 11, 2026

State Department spokesman Tommy Pigott said the upcoming event is in response to the rise of the radical left. He said far-left terrorism is "an old threat re-emerging with strong transnational links and new convergences."

🚨 Rioters in L.A. are burning self-driving Waymo cars, each worth $600K. Police are asking the company to shut down the app as people lure cars into protest zones and set them on fire.#LosAngelesProtests #california pic.twitter.com/dp9jEqXaSp
— Tom Valentino (@TomValentinoo) June 9, 2025

"Because this threat has not been adequately addressed in the past, each engagement, designation, or security assistance program creates a compounding effect supporting countermeasures at home and abroad," Pigott said in a statement.

In November, the State Department designated four European far-left groups as foreign terrorist organizations and directed agencies to investigate networks accused of fomenting political violence. One of the militant groups in Germany is called Antifa Ost. Two more were in Greece and one in Italy.

Germany's AfD Tricks Thousands Of Antifa Revolutionaries

During the Antifa roundtable at the White House last October, Seamus Bruner, Director of Research at the Government Accountability Institute, briefed the president and his cabinet on a complex network of dark-money NGOs and activist groups fueling unrest nationwide via the permanent protest-industrial complex.

"We have identified dozens of radical organizations, not just the decentralized Antifa organizations, but dozens of radical organizations that have received more than $100 million from the Riot Inc investors," Bruner told Trump.

via Government Accountability Institute...

Elon Musk chimed in on X, commenting on a video featuring Bruner's public briefing to the president about the dark-money NGOs, saying, "Way more than $100M of US taxpayer money.

Way more than $100M of US taxpayer money
— Elon Musk (@elonmusk) October 8, 2025

Investigators have honed in on what appears to be foreign subversion networks operating in the US - one from Cuba and the other from China.

Last month, Secretary of State Marco Rubio sanctioned the Cuban Institute of Friendship with the Peoples, or ICAP, a Castro-era organization used to spread Marxist ideology abroad.

As we've pointed out before (see the report), ICAP sits at the center, functioning as a partner to NNOC. Think of NNOC as a pathway for foreign subversion operations to infiltrate US NGOs.

Take a look at NNOC's member organizations, and you might notice several socialist and communist-linked NGOs, including the Democratic Socialists of America, whose members have actively promoted "destroying America from within."

Frank, Aaron, Hank and Sam are Communist insurgents, radicalized marxist revolutionaries hiding behind personal ideologies to justfy their 1A expressions of the right to promote the insurrection of the Constitutional Republic of the United States of America pic.twitter.com/XLzzjisOqd
— AnimalFarm1945 (Moshe) (@Farm1945A) July 6, 2026

DSA has stated they're ICAP partners...

Just days ago, independent Cuban news outlet ADN Cuba revealed that a US-based Cuba solidarity coalition was giving orders to their far-left revolutionaries embedded within the US to prepare rapid-response protests at US federal buildings, military bases, recruitment centers, and ICE facilities in the event of a military confrontation between the US military and the communist regime in Havana. As we've seen before, these protests tend to turn into riots, especially at ICE facilities.

Read leaked memo here.

🚨 PRIMERO EN ADN | Documentos revisados por ADN Cuba revelan un plan nacional de “respuesta rápida” distribuido por la Red Nacional sobre Cuba (NNOC), una coalición con vínculos documentados con el ICAP, para coordinar protestas contra oficinas de ICE, bases militares y…
— ADNCuba - Noticias de Cuba (@CubaAdn) July 8, 2026

Meanwhile, U.S. Attorney Jay Clayton for the Southern District of New York, authorized by Acting Attorney General Todd Blanche, is examining whether far-left China-based tech financier Neville Roy Singham, who has reportedly funneled hundreds of millions of dollars into left-wing nonprofits, media operations, and activist networks that seek to sow chaos and spread communism inside the US, has committed wire fraud, bank fraud, money laundering, or other financial crimes.

FIRST ON FOX: A federal grand jury is investigating China-based tech tycoon Neville Roy Singham over alleged financial improprieties involving $278 million that investigators say moved through his financial network over the past decade.

Federal investigators are examining… pic.twitter.com/cqqt9QthU6
— Fox News (@FoxNews) June 29, 2026

It gets better because even top officials in the Democratic Party are calling for investigations into far-left revolutionary groups, including a Bill Clinton insider:

Bill Clinton Insider Warns Of Socialist Takeover, Calls For Probe Into Possible DSA Foreign Ties

And we wonder why:

Hasan Piker calls on his followers to kill capitalists:

“Yeah kill them! KiII those motherfuckers and murder those motherfuckers in the streets. Let the streets soak in their fucking red capitalist blood, dude.”

Democrats are campaigning with him. pic.twitter.com/YiZxGgRkgc
— Eyal Yakoby (@EYakoby) April 9, 2026

Jordan Garces of Rhode Island DSA: “We’re here to overthrow the entire capitalist state.” pic.twitter.com/MSaBllyXnr
— DSA Watch (@DSA_Watch) July 9, 2026

REMINDER: The DSA = ANTIFA pic.twitter.com/CD4chd6jzz
— 🇺🇸 Jason Curtis Anderson (@JCAndersonNYC) September 20, 2025

Simultaneously, there has been a disturbing pattern arising across the West:

Troubling Pattern Of Left-Wing Revolutionaries Targeting "Capitalists" Raises Alarm Over Youth Radicalization

Whether it is Antifa, other far-left revolutionary movements, foreign subversion networks tied to intelligence operations from Cuba to China, or DSA figures openly calling for the destruction of the US, the common ideological thread is becoming increasingly difficult to ignore. Even establishment globalist outlets such as The Atlantic have recently acknowledged the broader pattern:

More or less, the rise of the far-left revolutionary movement is driven by a shared objective: dismantling America from within and killing capitalism. The resurgence of these revolutionaries is creating a growing national-security and political problem.

President Trump's recent barrage of Truth Social posts attacking communism suggests the administration may be preparing to dramatically escalate its campaign against these revolutionary networks and what only appears to be foreign subversion networks that support them.

Tyler Durden Sat, 07/11/2026 - 15:45
https://ift.tt/7143Kkf
from ZeroHedge News https://ift.tt/7143Kkf
via IFTTT