60.2 F
Chicago
Thursday, October 15, 2026
type here...
Home Blog Page 1233

Gorka Steamrolls CNN’s Keilar: Exposes Trans-Shooter Epidemic And Anti-Christian Ideology In Fiery Clash

survivalnomics
-
0
Gorka Steamrolls CNN’s Keilar: Exposes Trans-Shooter Epidemic And Anti-Christian Ideology In Fiery Clash

Authored by Steve Watson via Modernity.news,

Brianna Keilar thought she had Seb Gorka cornered. Instead, she got STEAMROLLED with the facts.

Gorka said the quiet part OUT LOUD about the transgender shooter epidemic and the anti-Christian ideology that’s fueling it.

Then he dropped the HAMMER:

“Forgive me if I don’t go with CNN’s stats, okay? CNN has proven itself to be WHOLLY inaccurate…”

By the end, he even called her out for creating “live FAKE news” to her face—leaving CNN’s narrative in flames.

What CNN thought would happen and what happened were directly at odds with one another.

When anchor Brianna Keilar sat down for an interview with Trump’s Senior Director for Counterterrorism, Sebastian Gorka, she didn’t see the headlights of a locomotive coming straight for her.

Her foot was caught between the tracks.

The topic: the recent shooting at Annunciation Catholic Church in Minneapolis, Minnesota.

Another data point on the rising curve of violence committed by unhinged transgender shooters, once again targeting Christians.

And it immediately went in the direction no one at CNN wanted it to go.

Gorka said the quiet part out loud about the transgender shooter epidemic…live, on their own network.

Not only that, he called out the anti-Christian ideology fueling these attacks.

Gorka began the unraveling of the narrative: “We have to put this incident into the broader context of what we’ve witnessed.”

First, the transgender part.

“In just the last few years, more than half a dozen attacks of a similar variety involving individuals who were confused about their gender, to put it mildly.”

Second, the attacks on Christianity.

“And then, as you mentioned, at the top of your monologue: we have the videos, we have the statements from the dead shooter that were clearly anti-Christian, just as with the transgender attack on the Nashville Christian school, in which more children were killed.”

“There is an ideological connection to multiple of these attacks where innocent children, especially Christians and Catholics, are targeted. And that is very, very disturbing.”

This was just the beginning.

Keilar, with network talking points in hand, wasn’t about to let the truth come to the surface without spin. Trying to steer the conversation back into CNN-friendly territory, Keilar reached for a stat.

“Okay. So let me ask you about this. You know, 96% of attackers—when you’re looking at the U.S. Secret Service National Threat Assessment Center, looking at 172 mass attacks in the U.S. between 2016 and 2020—96% were non-trans men.”

“So I know you’re focusing on this shooter being trans. The shooter was trans…and that is certainly of note. But are you missing the bigger picture here, when you zero in on that instead of more broadly the school shooters as an epidemic—and you perhaps miss the through line that connects them all?”

It was riddled with issues and Gorka knew exactly what she was trying to do.

He shut it down immediately with one VERY inconvenient truth.

CNN was padding the numbers by lumping in inner-city gang violence to dilute the real trend. This happens all the time on networks unwilling to face the hard truths.

“Well, no, because your facts obfuscate two things.”

He called out what CNN didn’t want anyone to notice.

“You are using data based upon the predominant gun violence, which is gang-on-gang violence with zero ideological content.”

“If you remove all of that—the gang violence on the streets of Chicago, L.A., Detroit—then you come down to a much smaller data set.”

“So it’s like those who say gun violence in America causes so many deaths, and then fail to note that the majority of the stats they are using refer also to suicides by gun, which of course is not what we are talking about here today.”

He wasn’t letting her move the goalposts.

“So let’s concentrate on mass shootings at schools, specifically Christian or Catholic schools.”

“Then the data set is wholly different. So don’t conflate different data sets just to make a political point. There was an ideological content to this attack. That’s what terrorism is.”

“It’s not because somebody didn’t get the drug deal they wanted. It is an ideological message.”

This was the first time someone had called out this kind of data manipulation on live cable news.

This was the precise moment when the segment EXPLODED.

It went “off the rails”, if you will.

Keilar, still fighting to preserve her network’s narrative, said:

“So let’s narrow it down then, because by CNN’s count, when you look at 32 school shootings since 2020, in which you have four or more people who have been killed—so these are the larger school shootings—only 3 of 32 of those shootings were committed by transgender shooters.”

She thought this would shut him down, but there would be no coming back from what came next.

Gorka nuked the very network that was hosting him.

It was an awakening.

The Sword of Damocles had fallen on the mainstream media.

“Forgive me if I don’t go with CNN’s stats, okay?”

“CNN has proven itself to be WHOLLY inaccurate in all kinds of things for the last ten years.”

Gorka brought the receipts of where the network had gotten things completely wrong in the past.

“Perpetrators of the Russia Russia hoax, and that we didn’t have an open border. So PLEASE forgive me if I don’t take your stats for granted!”

Keilar tried to regain control: “All right. It’s simple math. 2 of 32 shootings—”

But Gorka didn’t let her finish: “No it’s not, it’s distortions.”

“YOU are distorting the facts.”

And then came the hammer:

“Let me be clear, in just a couple of years, we have seen SEVEN mass shootings involving people of transgender nature or who were confused in their gender. SEVEN in just the last couple of years. That is inordinately high.”

One last jab for good measure.

“I’m going to stick with the facts and not CNN’s pseudo-facts.”

Brutal.

The interview wasn’t quite finished though. Then Keilar tried to twist the knife, putting words in Gorka’s mouth.

Keilar then tried to put words directly into Gorka’s mouth and he didn’t let it slide.

“Well, let me ask you this. You’ve made it clear, and this is not going to change, you think transgender people are the problem here. So what specifically do you think should be done?”

That’s when Gorka called out Keilar for creating “live FAKE news” out of thin air.

“When did I say that? When did I say that Brianna?”

“You just created live—you just created live FAKE news.”

“You just did it right in front of the small viewership you have, okay?”

Keilar was not happy.

She was clearly rattled but kept pressing: “Mr. Gorka what do you think should be done here?! You have—you have zeroed on the fact on what you see as a problem, what you claim is a problem. What do you want to do about it?”

Gorka asked: “Do you think it’s a problem that individuals are targeting little children at Catholic schools? Do you think that’s something we should ignore?”

Keilar: “Of course I think that’s a problem.”

Gorka: “Thank you! So, what we should do, is we should look at the early warning signals, the signs.”

He then broke down in detail what needs to happen to actually prevent future tragedies against America’s children.

It was something that no one else in the media wants to talk about.

“I find it hard to believe that an individual goes from getting his mother to sign a change of name certificate, age 17, and then just a handful of years later, is mowing down INNOCENT children in a church pew during a Catholic mass, and NOBODY realized there was a problem.”

“That’s what we have to address to save the next children from the next atrocity.”

Gorka hit CNN with a hard fact that they seem incapable of grasping when anyone brings up the transgender shooting epidemic.

“It’s not about the sexual proclivities of the individual. It’s the fact that nobody seems to notice a very disturbing pattern towards violence.”

He made the point: none of this happens in a vacuum.

The shooter in Minneapolis, just like others before, had glaring red flags, digital footprints…yet no one did anything.

The final moments were all too revealing for CNN.

Keilar, still grasping for her narrative, asked Gorka a follow-up: “And what about all the non-trans school shooters?”

This was a mistake…because Gorka’s entire point applies to all shooters.

It’s the opposite of what the left always demands after mass shootings: gun control.

Instead, Gorka made it clear the problem isn’t the weapon. It’s the person pulling the trigger.

“The same thing happens. They have multiple interactions with authorities, with their schools, with the principals. Why is something not being done?”

“Instead of blaming an inanimate object, which is the weapon, how about addressing the human being instead? And giving them aid, giving them psychological support, giving them an off-ramp?”

“That’s what needs to happen. We need to stop the violence before it occurs.”

But somehow, Keilar still wasn’t finished.

Hard to believe.

She tried a last-ditch gotcha question aimed at the Trump administration…and it backfired spectacularly.

“To that point, DHS cut funding to the Minnesota Department of Safety and the Hennepin County Sheriff’s Office in July. That is the kind of funding that’s used to assess and manage mass violence threats like these. Was that a mistake? And should it be reinstated?”

Gorka was ready.

This wasn’t about federal funding. It was about failed state policy.

He made Keilar take a closer look at Minnesota…since she brought it up.

“The same state of Minnesota that actually enacted gun-free zones that we know THIS killer actually favored in his manifesto, in his videos. He studied the Aurora shooter’s policy of looking for sites where individuals were not allowed to legally carry and protect themselves.”

It was a reckoning on gun restrictions.

And this was the moment Keilar knew she had just lost the battle.

The defeated expression painted on her face said it all. Gorka continued.

“So I’d start not with the policies coming out of the Department of Homeland Security that gets the threat—and I’d concentrate on those municipalities and those governors like Tim Walz, who do what? DISARM honest citizens who could protect lives and save lives.”

“Let’s start there.”

It was over.

The locomotive had destroyed everything in its path, including CNN’s narrative.

Watch closely. This was EXACT moment that Brianna knew the narrative had been crushed.

That sigh said everything that needed to be said.

*  *  *

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

Tyler Durden
Mon, 09/01/2025 – 16:10

South African Politician Who Called For Killing White Farmers Convicted On Hate Speech Charges

survivalnomics
-
0
South African Politician Who Called For Killing White Farmers Convicted On Hate Speech Charges

It was the White House ambush that shocked the world.  A South African delegation headed by president Cyril Ramaphosa arrived in Washington DC with big grins and smug confidence, ready to milk the American taxpayer for even more foreign aid.  What they received instead was thorough embarrassment.

Trump confronted Ramaphosa on the issue of race-based land seizures through the Expropriation Act of 2024, which largely targets white farmers for confiscation (There are 140 race based laws that oppress whites in SA) .  The land is then redistributed to black citizens who often run the farms into the ground. The leader has denied that land confiscation is taking place.  The South African government and the leftist media has spent the better part of the year trying to spin the issue and deny their motives.  

When asked by reporters what he could do to convince Trump there there was no threat of “white genocide” in South Africa, Ramaphosa chuckled and shrugged off the accusation, suggesting that Trump had been misinformed.  Trump surprised the leftist political leader with a video montage proving otherwise. 

The South African government, dominated by woke political activists, has tried to cover up the targeting of white farmers by race communists for years.  Their efforts to expropriate land from those same farmers sent a clear message that they are in support of the ethnic cleansing of whites.  

Trumps montage featured a number of speeches by communist EFF party leader Julius Malema.  Malema represents around 10% of South African voters, but all parties in South Africa are essentially socialist or communist in their ideals and Malema’s sentiments are shared by many of their members.  White conservatives in SA have near-zero representation in the government.  Malema’s chant of “Kill the Boer” (kill the white farmer), is not limited to members of the EFF. 

Malema had been brought up on charges of inciting race violence through hate speech before, and was convicted on lesser incidents in 2011.  None of the charges for his genocide chants stuck.  The courts categorized “Kill the Boer, Kill the Farmer” as a type of protest song.  It was treated as protected cultural expression rather than what it really was, a call to mass murder.  Malema famously noted:

‘No white man is going to beat me up…You must never be scared to kill. A revolution demands that at some point there must be killing…”  

The Home Office said Malema had also made “statements calling for the slaughter of white people [in South Africa] or hinted that it could be an acceptable option in the future”.

However, after pressure placed on SA leaders by the Trump Administration through sanctions, South Africa is starting to feel the pain and they are rolling over.  Malema has been brought up on charges again and this time he was convicted by an “equality court” for inciting violence through hate speech.

It might be the first time that a leftist bureaucratic institution in South Africa has actually punished a leftist group instead of protecting them from prosecution.  The EFF has responded by rolling out one of their token white members to deflect, concocting a story in which Malema led the chants because of a supposed “racist incident” at a high school that occurred years earlier (which did not involve farmers).  In other words, it was the white man’s fault that Malema called for the killing of whites.  

The EFF asserts that their actions are in response to “white supremacy”, but that excuse isn’t going to hold water anymore.  The equality court’s ruling justifies Trump’s concerns about anti-white racism in South Africa.  Furthermore, whites only make of around 7% of the population and have no power in government.  A group cannot be “supreme” if they have no power.

It is the leading party, the ANC, and their partners in numerous other socialist parties that have run the nation into the ground.  At this time, South Africa is nearing total collapse, with a 33% unemployment rate and crumbling infrastructure.

This is what happens when leftists are allowed to take power.  The result is an economic implosion with white conservatives and producers used as a convenient scapegoat. South African leaders are clearly not used to this kind of scrutiny.  They have long been shielded from western criticism by the establishment media. 

Trump is the first president to put a spotlight on the backwards leftist government and its grotesque mismanagement, and it appears that his efforts are beginning to have an effect.  Not so much in punishing Malema, it is unlikely he will face any real consequences.  Rather, it’s the fact that South Africa has been forced to acknowledge the ethnic hatred of whites as a tangible issue.  It’s a geopolitical win and a win against leftist propaganda. 

Tyler Durden
Mon, 09/01/2025 – 15:35

AI & ‘The End Of Labor’ Day

survivalnomics
-
0
AI & ‘The End Of Labor’ Day

Authored by James Howard Kunstler,

Back to School

“We are living in what I call the 3rd Arc of American history, a period as consequential as the American Revolution and the U.S. Civil War.”

– Gen. Michael Flynn

Yellowed leaves were already dropping here in August with the lack of rain and tomatoes won’t turn red when the air hits the mid-forties at dawn. Summer is trying hard to end, though technically there’s almost a month left. This is the real new year, of course, not the noisy one in January with all the drunken commotion and confetti. Tomorrow, it’s back to school, back to the job, the grind, the responsibilities, the worry, the rage, the hope, the yearning, as we gyre toward cold and fire. Enjoy ye burgers and hot dogs while ye can this Labor Day.

Anyway, the geniuses of Silicon Valley are attempting to end labor, at least any labor of the mind. A-I is coming for your job, ye middle managers, ye info manipulators, ye engineers, copy-writers, clerks, and numbers-crunchers, coming for whatever remains of the American bourgeoise. I’m telling you now: A-I will be a huge disappointment. Not only will it wreck the scaffold of our social order but, after it makes everything stupid — even worse than today — it will hallucinate so badly that anything it touches will become crazier than the Democratic Party.

That’s not a hard goal to reach either, with literacy at about what used to be age-eight-level for over half the US population. In such a milieu, gnostic communism is sure to flourish.

The immiseration of all becomes the greatest good for the greatest number. We’re already halfway there — though it is a pretty sure thing that the story will turn sharply. It’s not for nothing that we call this moment in history a “fourth turning.”

One turning point might lie directly ahead. You are now in the season of financial fiascos, and boy-oh-boy are we ever set up for a humdinger. Are you following the money-bloggers? Those boys and girls are staring into the abyss staring back at them, with their hair on fire and their eyes bugging out. Just about everything is unreal and out of whack: equity markets, bond rollovers, the fun-house of shadow banking, the value of collateral (if it’s even there), the fate of currencies, perhaps even the fate of nations. France, for instance, is chattering about an imminent IMF bailout. Well, if that one goes, what do you think happens in Germany, Britain, Italy, Spain, the Netherlands, Belgium . . . Western Civ, that is?

The cliché these days is that looming financial chaos and potential economic collapse is what’s driving the EU countries to all their loose war-talk. As if. . . as if they were even marginally capable of prosecuting any sort of war except the war against their own citizens currently underway — which requires only bureaucrats declaring new restrictions on liberty, not missiles, drones, bombs, bullets, and live human troops and, most of all, some comprehensible reason to fight.

Paranoia about Russia seeking to invade Western Europe is not a comprehensible reason to launch a war against Russia — because it’s just paranoia, political crazy, in the absence of any rational aspiration in current European governance. The Germans have tried “green” energy planning, shutting down their nuclear power plant fleet, applauding the destruction of the Nord Stream pipelines. Where did that get them? I will tell you: it got them to a crashing standard-of-living. It got them to their current (maybe not-for-long) chancellor Friedrich Merz telling them last week to wave auf nimmer wiedersehen to their social welfare system, you know: cheap, subsidized medical care, free college, six-week vacations, cushy pensions. (And, meanwhile, do you mind if we spend whatever’s left of your taxes on free stuff for the hordes of third-world savages we stupidly imported into the country?)

But then, we’re not Europe. Mr. Trump has other ideas and is trying to lead a movement for re-ordering the economy back toward the production of real goods. It’s been tough-sledding, with every half-educated federal judge attempting to nix any-and-all executive actions in that direction. Anyway, if Europe’s banking system blows (and the accessories of banking, like markets and currencies, with that), then the damage is sure to spread to America, indeed probably all over the world, and then the fourth turning will rev-up to turning and churning at full speed. What will that mean?

A universal fall in global standards-of-living . . . the collapse of governments and sharp contraction of economies (Europe especially) . . . a period of very uncomfortable flux, how long, no one knows . . . and then the re-ordering of life that anyone with half a brain has expected, though perhaps not the way they expected. Here’s what I expect: the failure of most things organized at the giant scale: global corporations, national chain retail, distant supply-lines, and consequently the laborious, painful reconstruction of far more localized economies. I expect radical simplification of everyday life, including less high-tech, less intrusive government, irregular electric service, falling oil production, and a notable drop in population levels.

I expect a surprising shift in social relations, including a return to divisions of labor based on gender; de-pornified courtship manners and a revival of trad mating behavior, with priorities on motherhood and child-rearing in a crisis of infertility; a revival of religious communion (already underway in America’s youngest generation); a necessary return to the ethic of personal responsibility as government support withers; and a return to swift justice, including execution for significant crimes. I expect some nations to fracture into smaller regional and ethnic units, certainly Canada, possibly even the United States.

That’s a lot of upcoming action and, of course, it won’t all happen right away or at once, but it will get underway in earnest this fall. It’s not exactly Mr. Trump’s “Golden Age,” and surely not what a lot of people had expected in the way of a “Singularity” or a tech utopia or a unicorn nirvana. But it will have its charms and, for a while anyway, we will have to stop being stupid and crazy.

Tyler Durden
Mon, 09/01/2025 – 15:00

“I Want The Answer”: Trump Demands Pfizer Prove mRNA Jabs Work

survivalnomics
-
0
“I Want The Answer”: Trump Demands Pfizer Prove mRNA Jabs Work

Late last month a CDC advisory committee launched a review into the “safety, effectiveness, and immunogenicity” of COVID-19 vaccines, as well as whether mRNA remains in the body longer than advertised. 

As part of the review, they will look at gaps in existing knowledge “relating to bio distribution, pharmacokinetics, and persistence of the spike protein, mRNA, and lipid nanoparticles to inform immunization recommendations,” the document states. In other words – they’ll be looking at whether the vaccine has ever worked, as well as harms it may cause. As ZeroHedge readers know, studies have found that the spike protein and mRNA in the vaccines persist for some time. 

Days after the committee was announced, the Department of Health & Human Services announced that Susan Monarez, who championed mRNA shots for COVID-19, is “no longer director of the CDC” – after she “clashed with the secretary (Kennedy) over vaccine policy,” which ultimately led to her firing.

Meanwhile at least four other CDC officials resigned on Wednesday in a massive leadership shakeup at the agency: Dr. Debra Houry, the CDC’s chief medical officer; Dr. Demetre Daskalakis, director of the National Center for Immunization and Respiratory Diseases; Dr. Daniel Jernigan, the director of the National Center for Emerging and Zoonotic Infectious Diseases; and Dr. Jennifer Layden, director of the Office of Public Health Data, Surveillance and Technology.

As the leadership crisis at the CDC unfolds, President Trump issued a somewhat cryptic ‘truth’ – challenging Pfizer and other vaccine makers to make public the same ‘GREAT’ claims his administration was shown in order to justify operation Warp Speed. 

“It is very important that the Drug Companies justify the success of their various Covid Drugs. Many people think they are a miracle that saved Millions of lives. Others disagree!” Trump wrote. 

“I have been shown information from Pfizer, and others, that is extraordinary, but they never seem to show those results to the public. Why not???” the ‘truth’ continues. “With CDC being ripped apart over this question, I want the answer, and I want it NOW.” 

According to Trump, drugmakers need to “clear up this MESS,” adding that they “let everyone rip themselves apart, including Bobby Kennedy Jr. and CDC, trying to figure out the success or failure of the Drug Companies Covid work.”

* * *

Meanwhile Rasmussen with the reminders…

 

Tyler Durden
Mon, 09/01/2025 – 14:25

Israel And The West Set The Stage For Next Round Of Warfare On Iran

survivalnomics
-
0
Israel And The West Set The Stage For Next Round Of Warfare On Iran

Via Brian McGlinchey at Stark Realities

Peace-loving people throughout the world breathed a sigh of relief when the Israeli-American war on Iran ended in June after 12 days, with President Trump racing to triumphantly declare US strikes had “obliterated” Iran’s nuclear program.

While his rhetoric suggested he wanted Israel and the world to view the US bombing as a lasting resolution of accusations that Iran was pursuing nuclear weapons, Israel and its Western collaborators are already setting the stage for new aggression against Iran. Israeli strikes could be just days or weeks away, with Netanyahu hoping that, this time, the United States will be drawn into yet another protracted, bloody regime-change campaign to further the Israeli agenda.

On Thursday, France, Germany and the United Kingdom notified the UN Security Council that they were starting the process to reimpose UN sanctions on Iran via “snapback” provisions of the 2015 nuclear deal. Under that agreement — the Joint Comprehensive Plan of Action (JCPOA) — Iran agreed to many additional safeguards to ensure its nuclear program remains peaceful. For example, Iran eliminated its inventory of medium-enriched uranium, cut its low-enriched uranium by 98%, capped future enrichment at 3.67%, and rendered its heavy-water reactor inoperable by filling it with concrete. In exchange, Iran was granted sanctions relief.

Flag-waving Iranians protest after Israel attacked in June (via Anadolu)

Despite Iran’s compliance with the JCPOA, President Trump spontaneously withdrew the United States from the deal in 2018 and reimposed US sanctions that his administration called “the toughest sanctions ever imposed” on Iran. Victimized by a new round of Israel-encouraged US economic warfare, and lacking any other leverage to nudge the United States back into the deal, Iran began enriching uranium well above the levels allowed under the JCPOA.

Parroting Israel, Trump has insisted that Iran must cease all nuclear enrichment, something Tehran has categorically ruled out for years, asserting that it’s Iran’s right, both as a sovereign state and — unlike nuclear-armed Israel — as a signatory to the nuclear Non-Proliferation Treaty (NPT). Internal politics play a significant role in the impasse, with important Iranian segments opposed to bending to Western demands on a point of national pride for the scientifically-advanced country.

In something akin to Vito Corleone’s “offer that can’t be refused,” US-Israeli insistence on zero enrichment is — quite deliberately — a demand that won’t be accepted. To the benefit of the warmongers, this demand helps ensure perpetual tension and recurring US-Israeli military brinksmanship, all pursuant to Israel’s long-standing goal of maneuvering the United States into an all-out war on Iran, or at least a major drive to topple the regime via proxies. That’s consistent with Israel’s strategy, which centers on continuously shattering territories and countries throughout the region so none can serve as a potent rival. It’s a strategy that’s taken an unfathomable toll that falls heaviest on the people of the region, but also profoundly harms the United States.

Aleppo, Syria smolders amid the US-facilitated regime change campaign (George Ourfalian/AFP/Getty Images via Guardian)

If broader UN sanctions are indeed reimposed on Iran via the JCPOA snapback provisions 30 days from last week’s joint notification, Iran’s rulers will be under pressure to respond. In July, Iran’s deputy foreign minister threatened that Iran may do so by withdrawing from the NPT, which would mean an end to ongoing supervision of the Iranian nuclear program by the International Atomic Energy Agency (IAEA).

Iran’s relationship with the IAEA is already badly strained. “Iran expelled IAEA inspectors in the wake of the US-Israeli war in response to the watchdog’s role in providing a pretext for the initial Israeli attack and for its failure to condemn the bombing of Iranian nuclear facilities,” explained Antiwar.com’s Dave DeCamp. Iran also says it suspects Israel obtained information from the IAEA that enabled the assassinations of more than a dozen Iranian scientists in June.

Iran allowed a team of inspectors to return last week, but it remains to be seen how much access they’ll be given. Among the largest questions looming over Iran’s bombed nuclear program: Where is the stockpile of 60%-enriched uranium that had been held deep under a mountain at Fordow? That enrichment facility was hammered by US bunker-buster bombs on June 22, but some reports have suggested Iran preemptively moved the uranium to another location before the Trump-ordered strike.

Satellite imagery of Iran’s Fordow uranium enrichment facility the day after the US bombing (Maxar Technologies via Reuters)

With both Israel and the United States threatening renewed warfare if Iran makes good on its promise to continue enriching uranium, Tehran will be justifiably reluctant to disclose the fate of its 60%-enriched uranium, or to give full access to its nuclear facilities, including those hit by Israel and the United States in June. After all, full transparency would certainly be exploited by military planners in Washington and Tel Aviv.

It’s a no-win situation for Iran. A withdrawal from the NPT will be portrayed by Israel and its Western allies as proof that Iran is building a nuclear bomb. The same narrative will be promoted if Iran continues to allow inspections, but fails to grant every request for access to sites around the country. It’s easy to purposefully trigger refusals — for example, by asking for access to sites that aren’t sincerely suspected of harboring nuclear assets, but are nonetheless sensitive from an Iranian national security standpoint.

Either way, Israel and its collaborators in Western governments can create a pretext for military intervention. Ironically, Israel may be pushing Iran into a corner that prompts Ayatollah Khamenei to withdraw his religious edict forbidding the development of nuclear weapons, turning a long-false accusation into reality.

Short of an all-out war or regime-change campaign, Israel — at the least — wants to impose a new, violent reality on Iran, says Trita Parsi, executive director of the Quincy Institute for Responsible Statecraft. “What the Israelis wanted to achieve [in June], short of decapitation, was to make sure that they turn Iran into the next Lebanon or Syria, a country that Israel can bomb at will without American involvement and with complete impunity,” said Parsi on a recent appearance on the Scott Horton Show. “It’s part of the larger security strategy of the Israelis, which is security through complete military hegemony and domination. This is why they are very inclined to start a war again, and they want to do so before the political window in Washington closes.”

To preclude a new era in which Iran is routinely bombed by Israel, Parsi thinks Tehran will take a far more aggressive approach to retaliation than it did in June. “The Iranians will not show any of the restraint they showed in the last 12-day war. It’s very clear they were [planning] for a long confrontation, and as a result, they were not consuming everything they had at an early or a fast pace. But for the next war, they’re probably going to go all-in right away to completely dispel any notion in Israel that they can turn Iran into the next Syria.” Such a massive retaliation would seemingly amplify the risk of major US involvement.

Iran’s likely approach to the next round of warfare may be driving a sense of urgency in Israel to strike soon, given both countries are racing to replenish their arsenals. It’s not clear who’s best-positioned for that competition and the next exchange of fire.

Israel rapidly neutralized Iran’s air defenses in June, but, as the war progressed, Iran had increasing success of its own, bypassing Israeli air defenses and achieving some spectacular hypersonic ballistic-missile strikes on targets around the country. On the other hand, Iran’s offensive missile arsenal was depleted by use and degraded by Israeli attacks, and its missile and fuel production facilities were also hit.

IDF air defenses reportedly ran low on ammunition too, and the US arsenal was also weakened. In the most egregious example, to defend Israel from the consequences of its aggression, the US military burned through a quarter of its global inventory of high-end, THAAD missile interceptors, firing 150 of them at a staggering cost of some $2 billion. At the pace Lockheed Martin produces them, it will take more than a year to restore the THAAD inventory.

A residential building in Iran severely damaged by an Israeli strike (Vahid Salemi/AP via Al Jazeera)

In addition to the ambiguous, multi-variable dynamics of the arms race, Israel’s eagerness to start the next round of warfare could also be driven by the shelf-life of whatever assets the Mossad still has inside Iran. Such assets played a major role in Israel’s surprise attack — reportedly deploying long-concealed drones, destroying anti-aircraft batteries, and facilitating the assassination of scientists and military commanders. Since the war, Iran has been sweeping the country for remaining Israeli assets, and rounding up suspected spies.

As Parsi indicated, US politics must also figure in Israel’s calculus. Americans’ support of Israel has been cratering as the IDF campaign in Gaza continues to produce images of suffering on an enormous scale, alongside a never-ending stream of credible testimonies about Israeli atrocities against civilians. The collapse in pro-Israel sentiment extends to what has long been the foremost cornerstone of Israeli support — the Republican Party. A spring Pew poll found that 50% of Republicans under 50 now have an unfavorable view of the Zionist state, and Trump’s decision to join Israel’s war on Iran in June sparked an uproar from his America-First base, led by influential figures like Steve Bannon.

Meanwhile, legislators from both sides of the aisle have been enduring disruptions at summer-recess town halls, with angry constituents condemning them for failing to block ongoing US facilitation of Israeli war crimes in Gaza. Add it all up, and Israel would likely want to make its next attempt at entangling Trump in a major war well before he’s highly sensitized to the potential impact on the 2025 midterms. Taking the longer view, Prime Minister Benjamin Netanyahu and others must be contemplating the possibility that the long era of unwavering US support of Israel could be at the beginning of its end — incentivizing them to cash in on every American dollar, missile, UN veto and misguided military intervention they can before the party’s over.

In the meantime, Israel and its collaborators throughout the West will continue doing all they can grease the skids for the next war, which includes propaganda campaigns to cultivate fear and loathing of Iran. Decades into that undertaking, the anti-Iran material is dominated by tired old lines that just don’t hit like they used to, like warnings that Iran is “months away” from having a nuclear weapon — warnings we’ve been subjected to for decades, despite contradictory conclusions of the US intelligence community.

After launching his war on Iran in June, Netanyahu dusted off a propaganda line from the run-up to the 2003 Iraq invasion, claiming Israeli intelligence had just learned that, if Iran obtained nuclear weapons, it would hand them over to non-state proxies to inflict “nuclear terrorism on global scale.” The fact that Netanyahu quickly dropped that far-fetched claim from his wartime oratory speaks volumes.

Speaking of things that sound made up, last week Australian Prime Minister Anthony Albanese said his security agencies determined Iran had directed arson attacks on a Jewish business and a synagogue in Australia in 2024. Western reporters dutifully quoted the claim, without adding their newfangled “without evidence” modifier they selectively apply to statements made by politicians they revile. Iran’s supposed motive? “To undermine social cohesion and sow discord in our community,” said Albanese with a straight face. Embedding a second dubious claim inside the first, Australia says its intelligence community reached its conclusion about Iranian government involvement in the arsons on its own.

After leveling the accusation, Australia expelled Iran’s ambassador — the first time it did so to any country’s ambassador since World War II — and designated Iran’s Islamic Revolutionary Guard Corps as a terrorist group. Aside from serving the broader propaganda campaign, the claim and related moves carried potential political benefits for Albanese — countering Netanyahu’s recent accusation that Albanese had failed to take “decisive action” against an “alarming rise of antisemitism in Australia.” Netanyahu even went so far as to assign the Australian prime minister a Sept 23, Rosh Hashanah deadline to “replace weakness with action, appeasement with resolve.”

You can expect many more accusations to be leveled against Iran in the coming days and weeks. Some may be true, but allow me to pass on a useful reminder from Aussie Caitlin Johnstone. With each new claim, bear in mind Hitchens’ Razor: “What can be asserted without evidence can also be dismissed without evidence.”

STARK REALITIES: Invigoratingly Unorthodox Perspectives For Intellectually Honest Readers 

Sign up and join thousands of free subscribers who benefit from monthly, ad-free insights  

* * *

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

Tyler Durden
Mon, 09/01/2025 – 13:50

Before Leisurely Picnics And Parades, Labor Day Was Born Out Of Strife

survivalnomics
-
0
Before Leisurely Picnics And Parades, Labor Day Was Born Out Of Strife

Authored by Jeff Louderbeck via The Epoch Times,

Marking the unofficial end of summer, Labor Day has long been highlighted by parades, backyard barbecues, and leisurely pursuits. However, the national holiday’s origins reflect a darker time for workers and include unrest over oppressive working conditions and a strike that turned violent.

During the Industrial Revolution, after the Civil War, many workers toiled for at least 12 hours a day, seven days a week, on railroads and in factories, mines, and mills just to make ends meet.

While the hours were grueling, the working conditions made their days even worse, which ultimately led to the growth of labor unions.

Appealing for shorter workweeks and better conditions, the labor movement arose and escalated in the 1860s and 1870s.

Like Independence Day, Labor Day is a time when many small towns and big cities host celebratory parades. In the late 19th century, activists from the Central Labor Union and the Knights of Labor spearheaded what is known as the first Labor Day event, when about 10,000 workers marched through the streets of New York City on Sept. 5, 1882.

Organizers proclaimed it “a general holiday for the workingmen of this city.” The parade became an annual event, and in 1884, it was set for the first Monday in September, according to the New-York Historical Society.

Between 1887 and 1894, Labor Day became an official holiday in several states. The day varied among the first day of September, the first Monday of September, and the first Saturday of September.

Oregon was the first state to designate a Labor Day holiday in 1887. Colorado, Massachusetts, New Jersey, and New York followed the next year.

In 1893, Sen. James Kyle of South Dakota introduced a bill to declare Labor Day a federal holiday. The bill languished without discussion in the Senate until June 26, 1894, when Congress passed it. President Grover Cleveland signed the legislation on June 28, 1894, and the first nationwide Labor Day was celebrated on the first Monday of September that year.

President Grover Cleveland (1837–1908), the 22nd and 24th president of the United States. Courtesy of the National Archives/Newsmakers/Getty Images/TNS

Although Kyle is credited with presenting the legislation, it is uncertain who first suggested making Labor Day a national holiday.

Some records point to Peter J. McGuire, general secretary of the Brotherhood of Carpenters and Joiners and a cofounder of the American Federation of Labor, according to the Department of Labor. In 1882, he reportedly recommended establishing a day for a “general holiday for the laboring classes” to honor those “who from rude nature have delved and carved all the grandeur we behold.”

Others believe that machinist Matthew Maguire, not Peter McGuire, founded the holiday.

Maguire eventually served as secretary of Local 344 of the International Association of Machinists in Paterson, New Jersey. He proposed the holiday in 1882 when he was secretary of the Central Labor Union in New York, the Department of Labor reported.

Response to the new holiday was positive.

Parades across the country drew large crowds. At the first official Labor Day parade in Chicago, Lawrence McGann, chairman of the House Labor Committee, told 30,000 revelers, “Let us each Labor Day, hold a congress and formulate propositions for the amelioration of the people. Send them to your Representatives with your earnest, intelligent indorsement [sic], and the laws will be changed,” according to the Office of the Historian for the U.S. House of Representatives.

Haymarket Riot

Another labor-centered holiday, May Day, was created in the aftermath of the Haymarket Riot in May 1886. Workers flooded Chicago’s streets to demand an eight-hour workday. Scuffles between police and workers ensued over several days. Police ordered the crowd to disperse, and a bomb detonated on May 4.

At an international gathering of socialists in Paris in 1889, May Day was declared a holiday honoring workers’ rights. Cleveland feared that May Day would become “a memorial to the Haymarket radicals.” He encouraged state legislatures to celebrate a labor-centric holiday in September instead and eventually signed the federal holiday at the same time that tension arose in a company town outside of Chicago.

Employees of the railway sleeping car titan George Pullman went on strike on May 11, 1893.

Pullman, Illinois, was founded by Pullman in 1880 and designed to serve as a utopian community for workers.

Residents worked for the Pullman Palace Car Company. Their paychecks were drawn from the Pullman bank, and their rent was set by Pullman and automatically deducted from their paychecks.

In 1893, there was a nationwide depression. Orders for railroad sleeping cars declined. Pullman laid off hundreds of employees. Workers who remained saw their wages cut while rents remained consistent.

Employees walked out, demanding higher pay and lower rents.

Led by Eugene V. Debs, who ran for president in 1920, the American Railway Union aided the striking workers. Railroad employees across the country boycotted trains carrying Pullman cars. Burning, pillaging, and rioting of railroad cars followed. Mobs of nonunion workers participated.

Faced with a national crisis, Cleveland declared the strike a federal crime and sent federal troops to end the unrest on July 3, days after signing the Labor Day legislation.

Troops fired into a crowd of protesters on July 7, killing as many as 12 people.

The strike ended on Aug. 3, 1894.

Even with the creation of Labor Day, it wasn’t until the 1938 Fair Labor Standards Act that the United States established a minimum wage, mandated a shorter workweek, and limited child labor.

‘The Father of Labor Day’

Kyle is regarded as the father of the formal celebration.

Kyle was born at his family’s farm in Cedarville, Ohio, in 1854, and his family moved to Illinois when he was 11. He eventually made his way to South Dakota and entered politics in 1890 shortly after his new home became a state.

First elected to the state senate, he soon became a U.S. senator. During his time in office, Kyle was chairman of the Great Industrial Commission, which was tasked with investigating questions regarding immigration, labor, agriculture, manufacturing, and business.

Kyle was also chairman of the Education and Labor Committee and introduced the bill that Cleveland signed into law establishing Labor Day.

Cedarville calls itself “the home of Labor Day.” Signs at the entry points of the rural village recognize Kyle as “the father of Labor Day.”

Grover Cleveland

Cleveland was the first president to leave the White House and return for a second, nonconsecutive term, a feat that President Donald Trump matched.

First elected president in 1884, Cleveland won the popular vote in 1888 but was defeated by Republican Benjamin Harrison. He and his wife moved to New York, where he became a father and told a colleague that he “had entered the real world” for the first time.

Life as a private citizen proved unfulfilling for Cleveland. He saw an opportunity to defeat Harrison in a rematch because the president had grown unpopular. Cleveland won his party’s nomination and defeated Harrison in the rematch.

After Cleveland signed the legislation that established a national Labor Day holiday and summoned troops to Chicago to enforce the injunction against a railroad workers’ strike, he said, “If it takes the entire Army and Navy of the United States to deliver a postcard in Chicago, that card will be delivered.”

Tyler Durden
Mon, 09/01/2025 – 12:40

Trump Declares D.C. “Crime-Free Zone,” Urges Leftist Mayors To Join Him On Restoring Law & Order

survivalnomics
-
0
Trump Declares D.C. “Crime-Free Zone,” Urges Leftist Mayors To Join Him On Restoring Law & Order

On Sunday, President Donald Trump declared on Truth Social that Washington, D.C., had become a “crime-free zone” in just a matter of weeks. This follows years of failed social-justice policies that backfired and ignited a violent crime tsunami across the nation’s capital and just north in still crime-ridden Baltimore City. 

Fast-forward to Monday morning, Trump praised Mayor Muriel Bowser on his Truth Social platform for working with his administration to reduce violent crime, claiming that “crime is down to virtually NOTHING in D.C.”

However, Trump blasted leftist mayors in Chicago, Los Angeles, New York, and Baltimore, who, according to the president, are resisting assistance from the White House to clean up violent crime spurred by years of toxic social justice policies. He said that officials in these progressive towns are “justifying crime instead of eliminating it. ” 

Here’s the Truth Social Post from earlier:

Wow! Mayor Muriel Bowser of D.C. has become very popular because she worked with me and my great people in bringing CRIME down to virtually NOTHING in D.C.

Her statements and actions were positive, instead of others like Pritzker, Wes Moore, Newscum, and the 5% approval rated Mayor of Chicago, who spend all of their time trying to justify violent Crime, instead of working with us to completely ELIMINATE it, which we have done in Washington, D.C.,  NOW A CRIME FREE ZONE.

Wouldn’t it be nice to say that about Chicago, Los Angeles, New York, and even the Crime Drenched City of Baltimore??? It can happen, and it can happen FAST! Work with us!!!

Mayor Bowser’s ratings have gone up, in a short period of time, 25%, and the people of D.C. are thanking her for stopping crime wherever she goes. It’s not a miracle, it’s hard work, courage, and being SMART.

The top Law Enforcement Officer in L.A. said, during the riots, and when I sent the troops in early, that they couldn’t have done it without us. They were completely overwhelmed! If we hadn’t gone in early, on top of the Palisades plus fires, L.A. would have lost the Olympics. Congratulations to Mayor Muriel Bowser, but don’t go Woke on us. D.C. is a GIANT VICTORY that never has to end!!!

And this. 

Last week, radical leftist Chicago Mayor Brandon Johnson signed an executive order restricting city authorities from cooperating with the federal government, including National Guard troops. Apparently, Johnson doesn’t want to address years of failed progressive policies, police defunding, and other missteps that have left parts of the imploding metro area resembling a “war zone” because optics here would be terrible for Democrats. 

The common denominator among leftist mayors resisting and denying federal assistance to clean up crime-ridden metro areas is that accepting help would amount to admitting their so-called progressive utopias have entirely failed.

Many based Americans already recognize that Democratic leadership across many cities has been nothing short of disastrous, which leaves some wondering if social-justice policies were likely never designed to work, but rather to destroy.

The failures are most across progressive cities…

Everyone knows that the ‘defund the police’ agenda pushed by Marxist BLM was a disaster.

It’s not a mystery why Baltimore is resisting help. Gov. Wes Moore and … 

Related:

. . .

Tyler Durden
Mon, 09/01/2025 – 12:05

Illinois Gov Launches Historic LGBTQ Hotline For ‘Persecuted’ Rainbow People

survivalnomics
-
0
Illinois Gov Launches Historic LGBTQ Hotline For ‘Persecuted’ Rainbow People

Authored by Benjamin Bartee via PJMedia.com,

Because Illinois apparently doesn’t have any more pressing matters of governance to attend to, such as rampant gun crime in the city of Chicago, Governor JB Pritzker recently announced a historic, “first of its kind” “legal hotline that expands access to legal information and support for LGBTQIA+ individuals across Illinois.”

 

Via Illinois Department of Human Services (emphasis added):

 

Governor JB Pritzker announced yesterday the launch of IL Pride Connect, a new statewide resource hub and first of its kind legal hotline that expands access to legal information and support for LGBTQIA+ individuals across Illinois. The Illinois Department of Human Services (IDHS), in collaboration with community partners, will lead the initiative. Governor Pritzker made the announcement at an event Thursday evening hosted by the Legal Council for Health Justice.

“In Illinois, we are fighting ignorance with information and cruelty with compassion, said Governor JB Pritzker. “Thanks to our state, philanthropic, and community partners, IL Pride Connect will inform individuals of their rights and connect them to health and social services support – making us the only state in the nation to provide free legal advice and advocacy tools to protect the LGBTQ community.”

The press release — I counted — is 1,056 words long. I read through all of it, looking for mention of any specific right that the transgenders are allegedly being denied.

There is nothing; the whole document is a word salad of subcultural jargon and lofty-sounding rhetoric about “the unique challenges LGBTQIA+ people face in today’s environment.”

Continuing:

LGBTQIA+ communities are facing an unprecedented wave of legal and policy attacks from the current federal administration. These changes are not only harmful – they are cruel and dehumanizing, stripping individuals of their rights, dignity, and access to essential services like healthcare and education. IL Pride Connect was created to meet this moment….

IL Pride Connect includes a digital resource hub with legal FAQs, know-your-rights information, referrals to affirming legal and community services, and advocacy tools. It also includes a first of its kind legal hotline that operates Monday through Thursday, 9 a.m. to 4 p.m., and provides real-time information and referrals, including on name and gender marker changes, housing and education rights, and access to healthcare and public benefits*…

“Access to up-to-date, vetted information and resources that address the unique challenges LGBTQIA+ people face in today’s environment is critical and lifesaving work,” said Gillian Knight, Program Manager of Learning & Evaluation, Healthy Communities Foundation.

*All of these rights — equity in housing, public benefits, etc. irrespective of so-called gender identity — are already enshrined in Illinois state law.

Via Illinois Department of Human Rights (emphasis added):

All individuals in Illinois have a right to be free from discrimination on the basis of their gender identity. Contrary to recent federal attempts to roll back civil and human rights, the Illinois Human Rights Act (Act) continues to provide broad civil rights protections for transgender, nonbinary, and gender nonconforming people in the areas of employment, real estate transactions (housing), financial credit, and places of public accommodation (including healthcare and schools).

The Illinois Department of Human Rights (IDHR) enforces the Act to protect persons of all gender identities from discrimination, harassment, and retaliation.  Violations of the Act are investigated by IDHR and may be adjudicated by the Illinois Human Rights Commission (IHRC) or by the courts. A person may file a charge (complaint) with IDHR if they believe they have been discriminated against or harassed based on their gender identity.  Under the Act, a person is also protected from retaliation for activities such as reporting discrimination or filing a charge.

But let’s not let facts get in the way of virtue-signaling in the culture war as a way to score cheap political points with the blue-hairs.

Tyler Durden
Mon, 09/01/2025 – 11:45

Key Events This Week: Jobs, Jolts, ISM, And Fed Speakers Galore

survivalnomics
-
0
Key Events This Week: Jobs, Jolts, ISM, And Fed Speakers Galore

After a strong August, DB’s Peter Sidorov writes that risk assets are starting September on a more tentative footing as Friday’s tech-led sell off on Wall Street has continued across most of Asia this morning although it has since stabilized. With rising Fed rate cut pricing supporting markets of late, investors will be keenly watching whether this is validated by the upcoming US payrolls release on Friday and subsquent negative revisions on Sept 9. The bar to derail a Fed rate cut on September 17 is extremely high (the real question is whether the cut is 25bps or 50), but with fed funds futures now pricing over 140bps of easing by the end of 2026, markets are expecting an amount of easing that since the 1980s has only occurred around recessions.

Before we preview payrolls and the Fed in more detail, the major story of the weekend came as late on Friday a US federal appeals court ruled that tariffs introduced under International Economist Emergency Powers Act (IEEPA) were illegal, upholding an earlier ruling by the Court of International Trade. However, in its 7-4 ruling the court left the tariffs in place until October 14 giving the administration time to appeal the case to the Supreme Court. And while a majority of judges in the appeals court ruling were nominated by Democrat Presidents, there is a 6-3 Republican-appointed majority on the Supreme Court, and Trump’s tariffs are most likely to remain. Were IEEPA tariffs to be stuck down, this would invalidate most levies introduced this year, including the “reciprocal” country rates and the “fentanyl” tariffs on China, Mexico and Canada, though the administration could look to implement more levies via other statutes.

Turning to the US payrolls print on Friday, DB’s economists expect a modest pick up in both headline (DBe +100k vs. 73k previously) and private (+100k vs. 83k) payrolls. They see the unemployment rate holding steady at 4.2%, with a risk that it rounds down to 4.1%. With Powell leaning towards a near-term rate cut at Jackson Hole and markets now pricing an 87% chance of a September cut, it would likely take a huge payrolls outperformance to dissuade a September cut. However, a stable unemployment rate could alleviate fears of a material downshift in the labor market, keeping the Fed cautious on further rate cuts.

The payrolls release will be preceded by the JOLTS survey on Wednesday and the ADP report on Thursday, two labor market indicators that have been namechecked by Governor Waller, who last week suggested that a weak payrolls print could bring a 50bp September cut in play. Other Fed officials have been less dovish but have also noted labor market risks. We will see a few Fed speakers before the blackout window starts next weekend, including St. Louis Fed President Musalem (Wednesday), NY Fed President Williams (Thursday) and Chicago Fed President Goolsbee (Thursday).

Beyond the Fedspeak, markets will be glued to the latest newsflow around President Trump’s attempted removal of Fed Governor Cook. Friday’s court hearing on the injunction to block Trump from firing her yielded no decision with further filings expected this Tuesday. In a note last week DB discussed the possible implications if Governor Cook were to be removed and Trump were to achieve a majority on the Federal Reserve Board. This Thursday, the Senate Banking Committee will also hold a hearing on Stephen Miran’s confirmation for the vacant Fed Board seat as the White House looks to have him confirmed in time for the September FOMC.

While US markets will be closed today for Labor Day, other US data highlights this week will include ISM manufacturing (Tuesday) and services (Thu) prints, with the employment components of the two series, which have slipped over the past couple of months, likely to draw attention. In Europe, the main data release will be the euro area flash August CPI print tomorrow. Following the major country prints on Friday, our European economists see headline inflation rising marginally to +2.06% YoY (vs 2.0% prev.) with core falling to +2.22% (vs 2.3% prev.).

The political situation in France will remain in focus ahead of the confidence vote scheduled on September 8. Prime Minister Bayrou’s minority government looks likely to lose this with major opposition parties repeating their intent to vote against the government over the weekend. In a note published on Friday (link), DB’s European economists outline the next key steps and likely paths forward and discuss the ECB’s likely reaction function to the situation in France.

Staying with geopolitics, the focus yesterday and today is on China hosting the annual Shanghai Cooperation Organisation summit. Yesterday China’s Xi Jinping met with India’s Narendra Modi, with the two sides pledging to “remain partners rather than rivals”. The summit has received extra attention amid Trump’s tariff pressure on Asian countries, and Modi will also meet with Russia’s Vladimir Putin today, shortly after the US raised tariffs on India to 50% last week in response to its purchases of Russian oil.

Courtesy of DB, here is a day-by-day calendar of events

Monday September 1

  • Data: UK July net consumer credit, M4, Japan Q2 MoF survey, Italy August budget balance, manufacturing PMI, new car registrations, July unemployment rate, Eurozone July unemployment rate
  • Other: US Labor Day holiday

Tuesday September 2

  • Data: US August ISM index, July construction spending, Japan August monetary base, France July budget balance, Italy July PPI, Eurozone August CPI, Canada August manufacturing PMI
  • Central banks: BoJ’s Himino speaks
  • Earnings: Partners Group, Nio, Zscaler

Wednesday September 3

  • Data: US July JOLTS report, factory orders, August total vehicle sales, UK August official reserves changes, Italy August services PMI, Eurozone July PPI, Canada Q2 labor productivity, Australia Q2 GDP
  • Central banks: Fed’s Beige Book, Fed’s Musalem speaks, ECB’s Lagarde speaks, BoE’s Bailey, Lombardelli, Taylor, Greene and Breeden speak
  • Earnings: Salesforce, HPE, Figma, Gitlab, Dollar Tree, C3.ai

Thursday September 4

  • Data: US August ADP report, ISM services, July trade balance, initial jobless claims, UK August new car registrations, construction PMI, Germany August construction PMI, Eurozone July retail sales, Canada July international merchandise trade, Switzerland and Sweden August CPIs
  • Central banks: Fed’s Williams speaks, ECB’s Cipollone speaks, BoE’s DMP survey
  • Earnings: Broadcom, Lululemon

Friday September 5

  • Data: US August jobs report, UK July retail sales, Japan July labor cash earnings, household spending, leading index, coincident index, Germany July factory orders, France July trade balance, current account balance, Italy July retail sales, Canada August jobs report
  • Central banks: Fed’s Goolsbee speaks

Finally, looking at just the US, Goldman writes that the key economic data releases this week are the ISM manufacturing index on Tuesday, the JOLTS job openings report on Wednesday, and the employment report on Friday. There are several speaking engagements by Fed officials this week, including an event with New York Fed President Williams on Thursday. 

Monday, September 1 

  • Labor Day holiday. There are no major economic data releases scheduled. NYSE will be closed. SIFMA recommends that bond markets also close.

Tuesday, September 2 

  • 09:45 AM S&P Global US manufacturing PMI, August final (consensus 53.3, last 53.3)
  • 10:00 AM ISM manufacturing index, August (GS 50.0, consensus 49.0, last 48.0): We estimate the ISM manufacturing index rebounded 2.0pt to 50.0 in August, reflecting improvement in our manufacturing survey tracker (+1.2pt to 51.9) and a tailwind from residual seasonality.
  • 10:00 AM Construction spending, July (GS flat, consensus -0.1%, last -0.4%)

Wednesday, September 3 

  • 09:00 AM St. Louis Fed President Musalem (FOMC voter) speaks: St. Louis Fed President Alberto Musalem will speak at the Peterson Institute on the subject of the economy and monetary policy. Q&A is expected. On August 14, Musalem said that he expects “most of the impact of tariffs on inflation to fade in 6 to 9 months, but it could be more persistent.” He also noted that the “economy is around full employment,” and that “if the Fed were to weigh the labor market side more and reduce rates aggressively, that could lead to higher inflation expectations and be counterproductive.”
  • 10:00 AM JOLTS job openings, July (GS 7,450k, consensus 7,373k, last 7,437k): We estimate that JOLTS job openings were roughly unchanged at 7.45mn in July based on the signal from online job postings.
  • 10:00 AM Factory orders, July (GS -1.2%, consensus -1.4%, last -4.8%); Durable goods orders, July final (GS -2.8%, consensus -2.8%, last -2.8%); Durable goods orders ex-transportation, July final (consensus +1.1%, last +1.1%); Core capital goods orders, July final (last +1.1%); Core capital goods shipments, July final (last +0.7%)
  • 02:00 PM Fed Releases Beige Book, September meeting period: The Fed’s Beige Book is a summary of regional economic anecdotes from the 12 Federal Reserve districts. The Beige Book for the July FOMC meeting period noted that five districts had reported modest increases in activity, five districts reported flat activity, and the remaining two districts reported modest declines in activity, representing an improvement over the previous report, and that uncertainty remained elevated, contributing to ongoing caution by businesses. In this month’s Beige Book, we look for anecdotes related to the evolution of labor demand and firms’ expectations of activity growth for the remainder of the year.
  • 05:00 PM Lightweight motor vehicle sales, August (GS 16.0mn, consensus 16.1mn, last 16.4mn)

Thursday, September 4 

  • 08:15 AM ADP employment change, August (GS +100k, consensus +80k, last +104k)
  • 08:30 AM Nonfarm productivity, Q2 final (GS +3.1%, consensus +2.7%, last +2.4%): Unit labor costs, Q2 final (GS +0.9%, consensus +1.4%, last +1.6%)
  • 08:30 AM Initial jobless claims, week ended August 30 (GS 230k, consensus 230k, last 229k): Continuing jobless claims, week ended August 23 (consensus 1,960k, last 1,954k)
  • 08:30 AM Trade balance, July (GS -$76.0bn, consensus -$78.0bn, last -$60.2bn): We forecast that trade balance widened by $15.8bn to $76.0bn in July, reflecting an increase in goods imports that more than offsets an increase in exports of travel services.
  • 09:45 AM S&P Global US services PMI, August final (consensus 55.3, last 55.4)
  • 10:00 AM ISM services index, August (GS 51.5, consensus 50.9, last 50.1): We estimate that the ISM services index rebounded 1.4pt to 51.5 in August, reflecting sequential improvement in our non-manufacturing survey tracker (+0.9pt to 54.2) and a tailwind from residual seasonality.
  • 11:30 AM New York Fed President Williams (FOMC voter) speaks: New York Fed president John Williams will speak at the Economic Club of New York on the economic outlook, monetary policy, and how to navigate a changing environment and uncertainty. On August 27, Williams said that “if [the real] neutral [rate] is 1% or a bit below, [the current monetary policy stance] is restrictive,” and that “at some point, it will be appropriate to move rates down.” He also noted that GDP growth has slowed and he expects the slowdown to continue.
  • 05:00 PM Chicago Fed President Goolsbee (FOMC voter) speaks: Chicago Fed President Austan Goolsbee will participate in a moderated Q&A at the mHub’s Industry Disruptor Series. On August 15, Goolsbee said, “We put a note of unease in the last CPI and PPI, with inflation picking up in categories that are not obviously transitory.” He also noted, “If we can assure ourselves or get a hint that for this meeting, or the meetings this fall, that we aren’t on an inflationary spiral that looks to be persistent, I still think it makes sense given the strength of the economy to move rates more back to where we think they’re going to settle.”

Friday, September 5 

  • 08:30 AM Nonfarm payroll employment, August (GS +60k, consensus +75k, last +73k); Private payroll employment, August (GS +80k, consensus +75k, last +83k); Average hourly earnings (MoM), August (GS +0.3%, consensus +0.3%, : last +0.3%); Unemployment rate, August (GS 4.3%, consensus 4.3%, last 4.2%): We estimate nonfarm payrolls rose 60k in August. On the positive side, big data indicators indicated a sequentially firmer—albeit still soft—pace of private sector job growth. On the negative side, we expect unchanged government payrolls, reflecting a 20k decline in federal government payrolls and unchanged state and local government payrolls. Additionally, August payrolls have exhibited a consistent negative bias in initial prints over the last decade. We estimate that the unemployment rate edged up to 4.3% on a rounded basis (a low bar from an unrounded 4.248% in July), reflecting sequential easing in other measures of labor market slack, though see potential payback from a partial reversal of the spike in new entrant employment that boosted the unemployment rate in July. We estimate average hourly earnings rose 0.3% (month-over-month, seasonally adjusted), reflecting slightly positive calendar effects.

Source: DB, Goldman

Tyler Durden
Mon, 09/01/2025 – 11:25

Man Found Dead At Burning Man Sparks Homicide Investigation

survivalnomics
-
0
Man Found Dead At Burning Man Sparks Homicide Investigation

Tens of thousands of people descended on a dry lakebed in Nevada over the past week, ending this weekend with the burning of a massive wooden sculpture shaped like a man. It was at that point, on Saturday night, that a man was found dead in a pool of blood, with authorities investigating it as a homicide. This is believed to be the first suspected homicide since Burning Man moved to the Black Rock Desert in 1990.

“The Pershing County Sheriff’s Office is investigating the death of a single white adult male that occurred the night of Saturday, August 30 in Black Rock City,” Burning Man officials wrote in a press release on its website. 

Sheriff Jerry Allen of the Pershing County Sheriff’s Office said deputies at Burning Man arrived at the scene around 9:14 pm local time Saturday and “found a single white adult male lying on the ground, obviously deceased.” 

AP News cited local officials who said the man was found “dead in a pool of blood and is being investigated as a homicide.”

The Pershing County Sheriff’s Office noted that the homicide investigation appears to be a singular case but warned everyone at the festival to be vigilant of their surroundings and acquaintances. 

There have been several fatalities over the years, including accidents, medical emergencies, and even suicides. However, the incident this past weekend, occurring just as the large wooden effigy of a man began to burn, appears to be the first homicide at the festival.

In other festival news, Orgy Dome at Burning Man was pounded by a windstorm…

. . . 

Tyler Durden
Mon, 09/01/2025 – 10:55

1...1,2321,2331,234...4,528Page 1,233 of 4,528

About Us

Popular Category

Editor Picks