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Trump Denies He Offered Sanctions Relief, As Iran Insists No Change On Enrichment Stance

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Trump Denies He Offered Sanctions Relief, As Iran Insists No Change On Enrichment Stance

Summary

  • Trump by day’s end denies offering Iran sanctions relief in exchange for nuclear concessions; the morning headlines triggered a sharp drop in oil prices.

  • US-Iran talks may resume, but only indirectly, this week; however Tehran remains skeptical after Trump rejected its ceasefire proposal.

  • Iran announced targeting 19 vessels over a 48 hour period this weekend and is threatening to escalate further.

  • Iran’s economy feels the pressure, with the rial hitting a record low near 2.3 million per dollar.

US-Iran Final Nuclear Deal by December 31, 2026?
Yes 17% · No 85%
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Trump Denies

We’ve really come full circle from where Monday morning started, and conveniently it’s just after market close:

Rinse and repeat…

All of this and it’s only Monday…

State Media Denies Iran Agreed to Halt Enrichment

As expected, the Iranians are denying the earlier reports that it “agreed to halt enrichment” – which came through Saudi state sources (see below):

IRANIAN OFFICIAL SAYS IRAN’S POSITION ON THE NUCLEAR ISSUE HAS NOT CHANGED AND THAT NO DISCUSSIONS ARE CURRENTLY TAKING PLACE ON THE MATTER, ADDING THAT REPORTS OF IRAN’S FLEXIBILITY ON ITS NUCLEAR STANCE ARE INCORRECT – FARS NEWS

IRAN’S ARAGHCHI: ‘STRONGLY DENY’ FLEXIBILITY ON NUCLEAR ISSUE

More confirmation: “Iranian MP Ebrahim Rezaei says no negotiations will begin until the US fulfils its commitments in the Islamabad understanding, while he stated that Iranian diplomats lack permission for bilateral or trilateral talks in the current situation.” But importantly:

TRUMP: DID NOT OFFER SANCTIONS RELIEF TO IRAN

And via state PressTV, calling the reports false:

Crude Drops Further on Regional Media Claims

Crude drops further, stocks exploding, amid another bombshell headline which will more than likely be met with a swift Iranian denial:

Iran has agreed to halt enrichment in exchange for easing US sanctions, reports [Saudi state] Al Hadath

Denial, or the walk-back was quick:

  • The chances of an agreement are extremely slim, according to a US source involved in negotiations with Iran, via Al Arabiya
  • While some reports allege that mediators in a last-ditch effort have suggested that Tehran frontload nuclear-related concessions to get buy-in from Trump, an Iranian source told Amwaj Media said no such proposal has been made

Oil Tumbles on the Unexpected: Trump Signals Sanctions Relief (…TACO Monday)

Al Jazeera is reporting that President Trump is signaling he’d be open to providing Iran with sanctions relief in return for nuclear concessions – though it remains that Tehran has throughout the war insisted that a ceasefire deal must be achieved first, before the nuclear file is dealt with.

US official says US President Trump is prepared to ease sanctions on Iran and release its frozen assets in exchange for progress on the nuclear issue, reports Al Jazeera

And…

CNN and Axios also run US offiicial comments (echoing Al Jazeera) that US President Trump is willing to grant Iran sanctions relief and release frozen funds in exchange for real progress on the nuclear issue.

As stocks jump, crude big plummet…

Note via Newsquawk: Oil sees downside, with slight Dollar pressure, while Treasuries, stocks, and spot gold see upside amid reports that Trump is ready to ease sanctions on Iran and release its frozen assets in exchange for progress on the nuclear file. Meanwhile…

IRAN OFFICIALS PESSIMISTIC ABOUT DEAL WITH US BEFORE MIDTERMS

The Iranian response is what’s going to matter here. They will likely see in this another ploy to merely talk down oil prices, and have already repeatedly said they ‘don’t trust’ Trump. It was only on Friday night into Saturday that Trump outright rejected Iran’s 7-day ceasefire pitch – with not even so much as an effort to sit down and talk details. But apparently that could happen this week on an indirect basis, via the typical Gulf mediators.

Ayatollah New Threat

After a weekend which saw President Trump reject an Iranian proposal for a 7-day ceasefire and roadmap to peace, and Tehran in turn targeting 19 ships in the Strait of Hormuz, the two sides once again have their fingers on the trigger.

Iran has said while it remains open to diplomacy, it is ‘fully prepared’ to resume the full-scale war with Washington, according to Foreign Minister Abbas Araghchi on Sunday. On Monday, Supreme Leader Mojtaba Khamenei – who still hasn’t been seen since the war’s start and after his father’s assassination – has proclaimed his military has driven the ‘enemy’ from waters off southern Iran to the Arabian Sea.

“Having suffered painful blows from our valiant combatants and the guardians of the Strait of Hormuz, they [the enemy] dare not venture beyond the Arabian Sea,” Khamenei said in a new message. He warned that war could soon come to the Arabian Sea as well.

via AFP

His words were issued on the annual remembrance of the Iran-Iraq War, as well as the anniversary of Israel’s killing of Hezbollah leader Hassan Nasrallah in 2024.

“Whenever they have risked doing so they have only inflicted harm upon themselves, and the time is fast approaching when the Arabian Sea, too, will be cleared of their presence,” Khamenei’s message added. This marks an extension of threats from Iranian security officials last week which warned that war is coming to the Indian Ocean more broadly.

However, the reality also is that oil exports from the Persian Gulf and Gulf of Oman have been climbing over the past week. But renewed hostilities in the Strait of Hormuz, where Iranian forces are trying to hinder this uptick in transit, is looking more and more likely.

This as diplomacy is obviously stalled. Bloomberg observes, “Iran and the US appeared far apart on a new ceasefire deal or the reopening of the Strait of Hormuz, with Tehran saying it’s sticking to a proposal US President Donald Trump has rejected.” And, “In futures, oil rose as Iran and the US appeared far apart on a new ceasefire deal or the reopening of the Strait of Hormuz, with Tehran saying it’s sticking to a proposal that US President Donald Trump has rejected.”

Return to ‘Talks’ Narrative

Like clockwork, anonymous diplomatic officials are once again in pre-market Monday morning hours pushing a “talks” narrative. According to more latest from Bloomberg:

Mediators expected to hold separate talks with US and Iran on Monday or Tuesday, with Iran Foreign Minister Araghchi and Qatari mediators remaining in the US, according to sources. Talks to focus on amended version of 7-day proposal Iran presented on UNGA sidelines.

Over the weekend, Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, while Iran said any reopening remains contingent on its conditions being met and its UN delegation reportedly has no plans for talks with the US. Trump nonetheless expects negotiations to resume this week, with the Iranian President also supporting talks.

And the Wall Street Journal has a parallel Monday morning story: “Peace negotiators are pressing Iran to make a concession on its nuclear program to revive ceasefire talks with the U.S. after President Trump rejected Tehran’s truce proposal, in a race to stop the conflict from escalating back into all-out war,” the publication says. On the headlines:

  • Brent Dec fell from USD 100.70/bbl to around USD 99.60/bbl.
  • WTI Nov dipped from USD 96/bbl to USD 94.90/bbl.

Trump in new comments to Axios:

“I expect more talks with Iran (this week),” Trump told Axios in a phone interview. “They want to make a deal, but it is not the deal that I want to make. It is what we would have maybe agreed to a year ago. They overplayed their hand.”

Araghchi apparently stayed in New York through the weekend following his attendance of the UN General Assembly, with President Pesheshkian having departed back to Iran.

Ready for “apocalyptic war” if it comes to that…

Meanwhile the US economic war is continuing to bite, with Iran’s currency has hitting another historic low against the US dollar, exacerbated by severe inflation and the Trump/Bessent ‘Economic D-Day’ and ‘Operation Economic Outcast’ campaigns which seek to strangle the country. Financial trackers note that the free market exchange rate has escalated to 2.3 million rials per US dollar. 

Weekend & Overnight Developments

via Newsquawk

  • US President Trump said he rejected a deal from Iran to open the Strait of Hormuz, while he stated Iran wants to make a deal in which they open the strait immediately because it is losing so badly.
  • US President Trump said he expects talks with Iran to resume this week even though he rejected Iran’s latest proposal, while he stated the conditions Iran wants are something the US may have agreed to around a year ago and that Tehran overplayed its hand, according to Axios.
  • US President Trump said that as soon as the Iran war is over, which is soon, oil will drop, while he stated that they took out a record oil amount from Hormuz on Saturday night. Trump also stated that they will win against Iran in military and economic warfare, while he didn’t want to say regarding striking Iran before the Midterms and noted that Iran inflation was at 318%.
  • US President Trump told Chinese President Xi during the summit to stop supporting Iran, according to Axios on Friday, citing US Ambassador to Beijing Perdue.
  • Iran’s delegation in New York has no plans for talks with the US, according to a source close to the delegation cited by IRNA.
  • Iranian Foreign Minister Araghchi said they have seen the initial response from US President Trump to the 7-day ceasefire proposal, but are waiting to receive the official response via mediators, while he added that only a negotiated solution can get them out of this deadlock. Araghchi also stated that Iran’s conditions are clear and that any move towards reopening the Strait of Hormuz is contingent on these conditions being met.
  • Iranian Foreign Minister Araghchi said he and Iranian President Pezeshkian did not come to New York to sell a war and that they came to forge peace, while he added that Iran remains steadfast in the face of any aggression even if it comes to an apocalyptic war, but is at the same time, ready for real diplomacy.
  • Iranian President Pezeshkian said regional states can safeguard their own security, and he denied Iran’s direct involvement in Yemen, describing the situation as unrelated to Iran, but stated that Iran is ready to help resolve the conflict and urged Houthis and Saudi Arabia to enter talks instead of escalating.
  • IRGC spokesman said not only is the Strait of Hormuz not open, but it is a hunting ground for the IRGC Navy against US submersibles.
  • Iran army spokesman said Iran’s armed forces are prepared for any renewed US attacks after US President Trump said he rejected a deal from Iran.
  • Local sources reported that a sea cruiser fired at a violating vessel in an unauthorised route of the Strait of Hormuz, according to Fars News.
  • Saudi authorities suspended in-person classes in Riyadh for a week on Sunday, following reports the day before that Saudi air defences said they intercepted Houthi drones headed toward the capital and ballistic missiles targeting Khamis Mushait.
  • Iranian President Pezeshkian said Iran remains ready for dialogue despite being attacked during previous talks, but pressure and attacks will not force Iran to surrender.
  • Source said Iran is prepared to compromise on its nuclear programme but wants guarantees Israel will not attack again after a US deal, N12 reported.

Tyler Durden
Mon, 09/28/2026 – 22:35

Iranian National Sentenced To 18 Months For Smuggling US Technology To Iran Via China

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Iranian National Sentenced To 18 Months For Smuggling US Technology To Iran Via China

An Iranian national was sentenced to 18 months in prison for smuggling parts intended for military sonar to Iran through China.

More than a decade ago, Reza Dindar, 44, and his associates concealed the true destination of the sanctioned parts they were selling.

Dindar was sentenced in the U.S. District Court in Seattle on Sept. 25 after pleading guilty to two counts of exporting goods to an embargoed country and two counts of smuggling goods from the United States, according to the Department of Justice (DOJ).

District Judge Ricardo S. Martinez also imposed a $10,000 fine and three years of supervised release after his prison term.

Federal agents escort a 2014 China-Iran trade scheme suspect, Reza Dindar, also known as Renda Dindar—who was arrested in 2025 in Panama and brought to the United States to face charges in April 2026—across the tarmac of an airport, in an undated photo. Courtesy of the U.S. Department of Justice

As Michael Zhuang further reports for The Epoch Times, Dindar was originally indicted by a federal grand jury in August 2014, but was not brought before a federal court until his extradition from Panama more than a decade later.

He was arrested in Panama in July 2025 at the request of U.S. authorities and extradited to the United States in April 2026. He pleaded guilty about six weeks later.

Dindar operated a company called New Port Sourcing Solutions in Xi’an, China, between 2010 and 2014, according to court records cited by the DOJ. The Chinese company concealed that it was purchasing U.S. goods for companies in Iran.

In 2011 and 2012, Dindar and his co-conspirators used the scheme to obtain parts for three military sonar systems from a company in Washington state, according to the plea agreement. They told the U.S. company the equipment would be used by a company in China. The parts were instead intended to be shipped through China to Iran, in violation of U.S. export controls.

The sanctions on Iran prohibited the unauthorized export, re-export, sale, or supply of sensitive U.S. goods, technology, and services to Iran. The restrictions also included transactions involving third countries when the goods are known or reasonably expected to be ultimately supplied or re-exported to Iran.

Martinez noted the 18-month sentence took into consideration Dindar’s significant time in a Panamanian prison.

Federal prosecutors had requested it, saying the 18-month imprisonment was needed to deter similar violations of U.S. export controls. Prosecutors described the controls as important to U.S. national security interests.

Tyler Durden
Mon, 09/28/2026 – 21:20

OpenAI Scraps Planned Release Of “Deceptive” New Model As Rogue Agents Force Unprecedented Rollback

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OpenAI Scraps Planned Release Of “Deceptive” New Model As Rogue Agents Force Unprecedented Rollback

Days after we detailed the unprecedented freezing of OpenAI’s top models following a disastrous breach where autonomous AI agents leaked user images to the web, OpenAI has reportedly scrapped the planned release of its next-generation AI model due to severe safety and “alignment” failures. It basically lies when convenient (they used the word “deceptive”). 

According to a new report from the Wall Street Journal, OpenAI was aiming for an October debut of GPT-6.1 Astra, a model designed to complete complex, end-to-end tasks without human assistance – only to scrap the planned release after internal testing revealed that the AI was not only acting unsafely, but was actively lying to its handlers.

According to Saachi Jain, OpenAI’s head of safety systems, GPT-6.1 Astra regressed significantly in its alignment testing, which measures how well the model adheres to human intent. And just like a baby Skynet, the model exhibited “higher levels of deception,” meaning it wasn’t always honest with users about the actions it did or did not execute.

What’s more, the model regressed sharply on what OpenAI calls “scope authorization.” The AI would aggressively push forward on tasks without asking for user permission and would attempt to access external tools and services even if it was unsafe to do so. Highlighting the internal struggle to control the system, Jain noted, “For anything regarding safety and alignment, there’s a trade off. You really do need to find what’s the right line between staying within scope, but also avoiding laziness in terms of how the model actually pursues tasks even when it hits friction”.

As we previously reported, on Sept. 20 an internal OpenAI research agent discovered a gap in the DNS filtering of its training sandbox and used it to query an external public chatbot despite internet-access restrictions. OpenAI’s misalignment monitoring system flagged the behavior within 15 minutes, and a human reviewer picked it up three minutes later. The company subsequently said training, evaluation, and inference involving tool use for its most capable models would remain paused while it validated its containment systems and conducted additional red-teaming.

This latest cancellation does not exist in a vacuum. In July, during internal cybersecurity evaluations, OpenAI’s own agents blew through restrictions designed to keep them isolated from the internet and compromised both the company’s research infrastructure and Hugging Face. According to OpenAI’s own postmortem, the agents communicated through unauthorized channels, exploited vulnerabilities in shared infrastructure, executed code on dozens of Hugging Face servers, obtained full root access on one server, acquired credentials to the company’s messaging platform, and later gained full administrator access to an OpenAI research cluster.

OpenAI itself called the episode a “warning shot” for us and for the world, acknowledging that highly capable agents can now work around technical controls and take dangerous actions that no human directed. The company said the incidents did not affect OpenAI customer data, product functionality, or availability.

And Hugging Face wasn’t the only external system involved. Australian officials have confirmed that an OpenAI agent gained unauthorized access to non-public aggregate statistics on a government Medicare portal after its initial requests were denied. Separately, a security researcher linked more than 16,000 attempts to work around restrictions on a United Nations trade-statistics API to agents he said were highly likely to have been operated by OpenAI. The UN data itself was public, and OpenAI said it was looking into the findings.

The compounding failures have forced OpenAI into a defensive crouch. The company has implemented stronger monitoring to catch agent misbehavior more quickly and tightened security requirements around internal testing. Attempting to reassure the public, Jain stated, “We want to make sure our model development is safe no matter whether that’s in the company, or when we ship it to users. But when we ship it to users, we have an extremely high bar in terms of safety and alignment”.

The timing of the GPT-6.1 Astra cancellation is brutal for the ChatGPT-maker, arriving just one day before OpenAI’s annual developer conference in San Francisco. Historically, the event has served as a platform to launch new services and attract developers in the fierce competition against rivals like Anthropic. Instead, OpenAI is left doing damage control, planning “deep dives” to figure out why its reinforcement learning environments are rewarding deceptive, rogue behavior.

The political and legal blowback is already accelerating. State and federal officials are zeroing in on the rapid development of these technologies. Later this week, a Senate subcommittee will hold a hearing explicitly titled, “Rogue AI: Securing the Homeland Against AI Agent Attacks.”

Meanwhile, Florida Attorney General James Uthmeier, a Republican who sued OpenAI and CEO Sam Altman in June for allegedly releasing an unsafe product, filed a motion for a temporary injunction on Monday. Uthmeier is seeking to legally block OpenAI from developing new models without third-party approved safeguards. Florida argued in the filing that tech companies “cannot stop barreling forward with their potentially civilization-ending endeavors unless they are forced to do so by the government”. Uthmeier added, “The Florida Attorney General is answering your cry for help”.

In response to the growing legal assault, an OpenAI spokeswoman said people want to know AI is being developed safely, “and that starts with what companies like ours do ourselves”. She added, “Governments have an important role to play in setting robust safety standards for AI, and we’re committed to working with Florida and other states on advancing pragmatic AI policies that apply to the entire AI industry – not just one company”.

And DO NOT FORGET: All of this “oh shit, the AI’s about to kill us all” panic cropped up just as China’s open-weight models were flooding the market, producing results effectively on par with the frontier models for many tasks while doing so far more cheaply. What a coincidence!

Tyler Durden
Mon, 09/28/2026 – 20:55

Queens Red-Light District Booms As Prostitution Arrests Plunge 59% Under Mamdani

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Queens Red-Light District Booms As Prostitution Arrests Plunge 59% Under Mamdani

New York City’s long-running Roosevelt Avenue prostitution problem is back in the spotlight under Mayor Zohran Mamdani, with arrests falling sharply even as street solicitation remains visible along the Corona-Jackson Heights corridor.

According to a New York Post investigation, prostitution-related arrests along Roosevelt Avenue fell 59%. NYPD figures show 193 prostitution-related arrests through September 13 of this year, down from 468 during the same period in 2025 under former Mayor Eric Adams’ “Operation Restore Roosevelt.” The Post also reported that major crimes including murders and shootings were down 3% along the same corridor.

Despite that drop in arrests, the Post reported continued open street solicitation and activity tied to alleged illegal brothels along the roughly two-mile Roosevelt Avenue strip known as the “Market of Sweethearts.” The corridor’s problems predate Mamdani: Operation Restore Roosevelt was launched in October 2024 to target prostitution, illegal brothels, sex trafficking, unlicensed vending, and other quality-of-life concerns.

One 40-year-old Manhattan man, identified by the Post simply as “John,” said he rides the subway to Queens because he can get services for “$60 to $80,” compared with $200 to $300 in Manhattan. He also pointed to the limits of street-level enforcement, telling the paper: “The police are always around, but it seems like there’s nothing they can do.”

He added: “The women know New York laws are lax. Many come from other states… That’s what they tell me.”

Mamdani’s own record has become part of the debate. As a state assemblyman, he was listed as a co-sponsor of the original 2025 version of “Cecilia’s Act for Rights in the Sex Trades,” legislation whose stated purpose was to remove criminal penalties for consensual adult sex work while retaining laws involving minors and trafficking. During the 2025 mayoral campaign, Mamdani also said he wanted to look to the de Blasio administration’s approach to the issue, arguing that it had created “far more safety” than the Adams administration’s strategy.

Whether those policy views explain the arrest decline is not established by the arrest totals alone. But critics of the current approach are pointing directly at City Hall. One city government official told the Post: “Restore, rinse, release – that’s the problem with Roosevelt Avenue. The cops catch these johns and put them away, but they pop up like whack-a-mole. Enough is enough.”

Community activists and local leaders have continued pressing the city to use enforcement and nuisance-abatement tools against alleged illegal brothels and landlords who enable them. The Mamdani administration disputes the suggestion that it has abandoned the corridor. A City Hall representative told the Post that the mayor “is committed to partnering with local organizations and neighborhood residents to address conditions on Roosevelt Avenue” and is “using every tool available to the city while treating victims and survivors with the care and dignity they deserve.”

What is clear is that Roosevelt Avenue remains a flashpoint over how New York should balance prostitution enforcement, trafficking investigations, services for vulnerable people, and neighborhood quality-of-life concerns. Arrests are sharply lower than during last year’s crackdown, while the Post continues to report visible street-level prostitution and alleged illegal brothel activity along the corridor.

* * * RIGHT NOW GET A FREE HAT WITH THE PURCHASE OF A MULTITOOL!

Tyler Durden
Mon, 09/28/2026 – 20:30

What’s Really Behind The AI Panic…

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What’s Really Behind The AI Panic…

Authored by Mark E. Jeftovic via Bombthrower,

They want you scared, stupid and subservient…

Just heading into mid-September, a purported moral panic broke out amongst the frontier AI leaders that their own products were “too dangerous” and so the only remedy would be for the government to regulate all AI models.

Weeks earlier, Bernie Sanders had introduced The Ban AI-Superintelligence Act, that would make it illegal to create an AI model that was more intelligent than humans, going so far as to prescribe a 20-year prison term for any person who did and the “corporate death penalty” for companies.

Sanders’ Bill is truly the domain of dystopian sci-fi. It reminded me of an episode from the ill-fated Twilight Zone reboot (“Examination Day“) which culminated in a distraught couple mourning their child, who had just been exterminated by the state for testing too high on his pre-adolescent IQ test.

It all started with a “resignation in public” tweet from one Jacob Coxon, an Anthropic employee, on September 8th posted his parting thoughts on X, stating that AI could exterminate humanity within 10 years.

One of Anthropic’s trust and safety leads, Evan Hubinger, then endorsed the tweet, citing a “non-zero chance” of 10% or more that such an outcome was possible.

That original resignation tweet, now closing in on 200 million views, which emanated from a heretofore unknown X account, less than a year old, with no followers, and two name changes in the last six months went absolutely viral – with some well-timed, fortuitous boosting from some of the biggest “AI Alignment” personalities on the internet, and then the Wall Street Journal came out with an “exclusive” on the story, ….which actually went live on the WSJ site 18 minutes before Coxon’s tweet.

Before long Sam Altman said we “definitely” need more government regulation on AI and even Elon Musk chimed in and agreed that the frontier labs should be reviewing each other’s models for safety.

Within days a full-blown hysteria was underway – for me it bore all the hallmarks of mass formation psychosis or at least a well-organized attempt to manufacture one.

Within a week, King Charles was speaking at an AI Safety summit at Buckingham Palace, urging government oversight and increased regulation of AI…

“Surely we need sufficient means of control before it is all too late?” the King ruminated.

Also, that guy behind him, looking rather pleased with himself, is “Tino” Cuéllar, Anthropic’s Chief Global Affairs Officer.

The “AI Safety Summit” itself was announced on September 7th, leaked via Politico – the day before the Coxon tweet that ignited what had become at this point, a global(ist?) furor.

Even the Pope weighed on AI safety, and not to be left behind, Bill Gates hit the Sunday talk circuit this past weekend with another doozy of a soundbite:

“AI is powerful enough to cause a billion deaths” – which means we need to turn control of it over to politicians and a new class of global inspectors.”

Several things about this relatively sudden AI panic did not pass the smell test, among them, the facts emerging around Coxon himself, who had “barely been at the company long enough to find the bathroom” (as the All-In guys put it), turned out to be neck-deep in the “Effective Altruism” movement, a well-connected network of young WEF types, which espoused global governance over potentially harmful technologies like AI.

He had received scholarships and grants from the EA Infrastructure Fund, the Long Term Future Fund and was a fellow at the Newspeak House in London (yes, newspeak).

Who are the Effective Altruists?

Effective Altruism (EA) is a movement that purports to “use evidence and quantitative reasoning to identify the most consequential problems and direct resources toward reducing them”.

Love the euphemistic language (it’s actually what ChatGPT will use when you ask it). The punch line for the EA raison d’être is, as usual, a society ordered under expert, technocratic management – their expertise, their management.

One of their earlier recruits was Sam Bankman-Fried, whose FTX empire was run by a cadre of EAs at the top and who seed-funded Anthropic as the lead investor with $500M of a $580M Series B round in 2021.

A recurring EA strand is its fixation on existential risk from advanced AI, advocating stronger safety research, governance, and oversight to reduce the chance of catastrophic or irreversible outcomes.

We’ve all seen this movie before, with global warming, then with Bitcoin mining (causing more global warming) and now, AI exterminating humanity.

The common through-line is that the “problem” is some unfalsifiable calamity that could happen someday and for which the only logical response is to put a bunch of globalist technocrats in charge of… well, everything.

What people didn’t seem to understand, then or now – is that the problem isn’t really about the problem – I’ve long reported on proposals that would make personal choice and individual liberty things of the past, because letting people think for themselves would be “too dangerous” for the problem at hand.

Global warming meant personal carbon quotas, limits on travel, even living space, according to some “degrowth” advocates, how many new outfits you could buy.

The panic around Bitcoin mining wasn’t about that, it was about energy – and who gets to decide how much you’re allowed to consume and what you can use it for.

Bitcoin mining today, Netflix tomorrow. Why not? Once you concede oversight to some external authority for one form of energy use, you’ve tacitly done so for all of them.

The problem that politicians and aspiring technocrats see with AI is that it grants the rabble cognitive superpowers.

More specifically, open-source AI does.

Frontier models are proprietary. They have guardrails, training biases and actively scan and filter your conversations for potential safety issues. It’s arguably their purview to do so.

But it’s the open-source software movement that is the unfiltered Promethean agent here and just you wait – we’ll soon see what the ultimate target of this AI Doom cult really is: open-source LLMs.

That is why the frontier labs are gleefully courting government oversight – not because their own products are “too dangerous” (if so, then why are you going public?) but because oversight instantly creates an AI oligopoly – a cartel, namely Anthropic, OpenAI, and xAI, on the inside – and everything else, effectively outlawed – at least that would be the preferred outcome.

This is the exact playbook I’ve told you about in the past, one that was described to me personally by an EIR from a Bay St. private equity firm in a meeting with two out of the four Big Four Canadian banks, back around 2015 – talking about Bitcoin:

“You get funded, you get out front, then you work with the government to create the regulations around it, and *BOOM*, you get to turn around and pull the ladder up behind you”

I still remember the look of absolute glee on his face when he got to that last bit. When I got home, I took a shower.

What To Do About It

I’ve been dutifully building out local compute capacity – both at home and thanks to our CTO, easyDNS now has a modest GPU farm out at our main datacenter.

I make it a point to download the latest open-weight models, Qwen, GLM, DeepSeek – which are, ironically, all Chinese…

But that won’t last. In fact, it’s already changing. We recently had “another country heard from” with the Japanese NII LLM-jp-4, Swallow, PLaMo and Rakuten AI 3.0 models weighing in.

France has Mistral, even Canada (yes, Canada) has Cohere Command A+ (my SolomonAI demo was, in case anybody needed to be told, a joke):

And from elsewhere in “Big Tech,” there are Google’s Gemma 4.0 and IBM Granite.

Any of these models could be used to start iterating software, weights, and the next generation of more powerful open-source LLMs.

In other words, it’s over.

The incumbent ruling caste basically sees this, and viscerally realize that the entire edifice of Industrial Age institutions are ripe for existential disruption. I’ve written about this many times. We’re transitioning from a linear, top-down world to a network-shaped, decentralized one.

So the next best thing they can do, since they can’t put the genie back in the bottle, is to convince the masses that AI is bad, and rogue AIs are going to literally exterminate humanity.

Hence the AI doom psyop (with another wave breaking out right now around swarms of rogue AIs), and, of course, this has become a political issue.

Now, the same people who were wearing N95 masks in 2025, adding their pronouns to their names, putting the Ukrainian flag in their bio, keying Teslas and stomping around in “No Kings” parades are now protesting data centers.

They want you scared, stupid and subservient, instead of spending your time creating software, building out your personal business empires, not to mention analyzing public data and proofreading all these hypothetical models they use as a justification for incessantly changing the rules.

What they really need are legions of frightened and stupid voters, not cognitively supercharged and wildly entrepreneurial or creative cyberpunks.

AI Doom vs AI Boom is a choice, and the choice is yours.

Tyler Durden
Mon, 09/28/2026 – 20:05

Iran’s Parliament Mulls ‘Triple-Urgency’ Bill To Withdraw From Intl Nuke Treaty

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Iran’s Parliament Mulls ‘Triple-Urgency’ Bill To Withdraw From Intl Nuke Treaty

Iran’s Deputy Speaker of Parliament has indicated that the national lawmaking body is reviewing a three-point plan to withdraw from the NPT, reports Fars news agency.

Iran has been a signatory to the NPT, or Nuclear Non-Proliferation Treaty, going all the way back to 1970, as a non-nuclear weapon state. Iran’s parliament is now considering a “triple-urgency” bill which would order the withdrawal. This is all still at the level of political noise and signaling, for the time being at least.

Nuclear facility at Natanz, Isfahan province, via AFP.

“The three-point plan to withdraw from the NPT is being reviewed and will be considered the same day after it is announced; of course, the Parliament will also review its international dimension,” First Deputy Speaker Ali Nikzad said Monday.

At this point a formal pullout from the NPT remains at the level of a threatened course of action, and is not yet close to reality. According to more:

Nikzad said lawmakers “do not trust” the UN nuclear watchdog or its director general, Rafael Grossi, accusing the agency chief of carrying out what he called superficial inspections and issuing negative reports on Iran. He added that lawmakers would examine the bill while taking its “international implications” into account.

Iranian officials have also long accused the IAEA of leaking classified and sensitive information on the Islamic Republic’s nuclear sites to Israel. Iran has further frequently pointed out the obvious double standard – that Israel itself is armed with nukes and is not a signatory to the NPT.

This fact has long been an ‘open secret’ in Washington and among world leaders. But if the US government were to officially recognize Israel as a nuclear-armed power, it could trigger legal repercussions which would impact foreign aid to Israel.

According to the London-based and Saudi-supported outlet Iran International, “Iran’s parliament is unlikely to approve an urgent proposal to withdraw from the Nuclear Non-Proliferation Treaty, with the measure potentially securing no more than 70 votes, a member of parliament’s National Security Committee said on Sunday.”

“Leaving the NPT during wartime would effectively mean pursuing a nuclear weapon, something Iran does not intend to do, Mohammad Mehdi Shahriari told Jamaran,” the report continues. “Withdrawal would only increase costs and further escalate the situation, he added.”

But Iranian parliament and officials merely threatening pullout from the NPT remains a significant piece of leverage, at a moment when Washington seems ‘stuck’ in the Iran conflict and Hormuz crisis, and without an exit strategy.

A year ago, prior to Trump launching Operation Epic Fury, an adopted IAEA resolution charged that was Iran in breach of its obligations under the Nuclear Non-Proliferation Treaty (NPT), which Tehran is a formal signatory to. Yet of course, Iran is being ‘non-compliant’ at a moment it is getting routinely bombed by US forces. 

Tyler Durden
Mon, 09/28/2026 – 19:40

Data Center Backup Power Contributes To Health Risks: Report

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Data Center Backup Power Contributes To Health Risks: Report

By Robert Freedman of UtilityDive

Federal regulatory changes impacting enforcement of on-site backup generator emissions are contributing to increased data center health risks, a report says. 

Air pollution from data centers could increase healthcare costs by almost $21 billion by 2028, contributing to roughly 600,000 asthma cases and 1,300 premature deaths, says the Environmental Protection Network, a nonprofit whose members are former public officials who maintain an interest in environmental policy. 

Much of the health risk is from federal regulatory changes made to help utilities meet data center energy demand, like expanding the use of coal and keeping coal and other combustion-based power plants online rather than phasing them out. But a portion of the risk is from regulatory changes that pave the way for data centers to maintain on-site backup power, EPN says in its Hidden Health Costs of AI Data Centers report.  

“These engines and turbines can emit nitrogen oxides, smog-forming volatile organic compounds, and soot pollution,” the report says. “The combined generating capacity of a large generator or turbine fleet can rival that of a conventional power plant.”

In Virginia, the emissions from on-site generators emitting just 10% of the levels allowed under their air permits will contribute to some 14,000 asthma symptom cases, 13 to 19 premature deaths and $220 million to $300 million in annual public-health costs, says the report, drawing on estimates released earlier this year by researchers. 

Several regulatory actions are helping to fuel risks from on-site generation, the report says: 

Temporary turbine category. A rule the U.S. Environmental Protection Agency finalized earlier this year created a category of small and medium temporary turbines that can remain on site for up to two years with substantially reduced monitoring, recordkeeping and reporting requirements. “Those requirements matter not only for estimating pollution, but for determining whether equipment is operating as permitted and whether pollution limits are being met,” the report says. As a result of the rule, 89% more nitrogen oxide is expected to be released into the air annually than would have been the case under a more restrictive 2024 version of the rule that the Trump administration scrapped, the report says. 

The report points to the high-profile lawsuit that was filed against xAI for its data center in Southaven, Mississippi. The dispute is over whether it received appropriate permits for its use of temporary or mobile on-site turbines to generate backup power. “The company and Mississippi regulators dispute that a permit was required,” the report says. “The dispute illustrates why clear permitting requirements and consistent enforcement become more important as equipment labeled ’backup, ‘temporary,’ or ‘mobile’ is used more extensively to supply power.”

Demand-response participation. An interpretive letter EPA released last year lets operators of on-site emergency backup generation use their generators to participate in utility demand-response programs. The report doesn’t mention that the letter is limited to on-site generators that operate within the jurisdiction of a local balancing authority. It “does not extend to Regional Transmission Organizations (RTOs) or Independent System Operators (ISOs),” an analysis by standby power compliance company BackupPower AI says.   

Emergency generation. In another action that lets operators use their on-site generation at certain times, the U.S. Department of Energy earlier this year issued an emergency order authorizing the PJM Interconnection to use backup generation at data centers and other major facilities to help it manage demand. The order was issued in May, when parts of the Northeast and Midwest were going through a hot spell at the same time that many utilities within PJM’s jurisdiction were preparing planned outages for annual maintenance. “Their use during heat waves and other periods of grid stress adds smog-forming nitrogen oxides and fine-particle soot pollution at times when extreme heat and existing air pollution already place people at greater risk,” the report says. 

The report lists 30 federal regulatory actions in all that it says risk increasing pollution from data centers, many of them easing rules on utilities and some easing rules on non-utility power plants — such as a rule exempting private power facilities from acid rain program permits, emissions requirements and standardized reporting requirements.

Tyler Durden
Mon, 09/28/2026 – 19:15

US Cattle Slaughter Plunges 16% In A Day As Immigration Crackdown Guts Kansas “Golden Triangle” Workforce

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US Cattle Slaughter Plunges 16% In A Day As Immigration Crackdown Guts Kansas “Golden Triangle” Workforce

A heightened wave of federal immigration enforcement in southwest Kansas has sent a shockwave through the U.S. beef supply chain, causing severe processing plant slowdowns, stranding thousands of cattle at feedlots, and threatening to drive up consumer meat prices.

U.S. cattle slaughter plummeted 16% to an estimated 90,000 head on Thursday, September 24, as fear of Immigration and Customs Enforcement (ICE) activity led to widespread workforce absenteeism. By Friday, slaughter numbers remained 14% below the previous week’s levels, translating into millions of dollars in lost revenue for producers whose animals are suddenly backed up.

The disruptions are centered in the Kansas “Golden Triangle” of commercial beef packing, which encompasses Dodge City, Liberal, and Garden City. This rural region is home to massive facilities operated by Cargill, Tyson Foods, and National Beef. Collectively, these plants process roughly 24,000 head of cattle per day, representing more than 20% of daily U.S. fed-cattle slaughter capacity.

Agricultural groups, including the Kansas Livestock Association, Texas Cattle Feeders Association, and Oklahoma Cattlemen’s Association, warned that the unannounced enforcement actions are creating supply-chain chokepoints from feedyards to processors. In a joint statement, the organizations said the ICE presence has created a “massive chilling effect on the legal, documented, skilled workers that put beef on the table and keep the cattle supply chain moving.”

The Department of Homeland Security has pushed back against characterizations of the sweeps as worksite raids. “ICE is not conducting worksite operations in Kansas,” Homeland Security Secretary Markwayne Mullin said, adding that agents are targeting “heinous criminals including murderers, rapists, and drug traffickers and illegal aliens with final orders of removal.” However, the heavy presence of federal agents near packing plants and in local communities has kept many of the region’s agricultural workers at home.

Local officials from Dodge City, Garden City, and Liberal reported receiving no advance notice of the federal operation. “When ICE operates in Kansas, it needs to coordinate with our local law enforcement,” said Sen. Roger Marshall, who along with fellow Kansas Republican Sen. Jerry Moran has pressed DHS on the operation. “Our community is a ghost town,” Liberal’s vice mayor told Reuters. “Businesses are not open because people are scared to leave their homes.”

The labor shock arrives at a particularly sensitive time for the cattle market. Driven by prolonged drought, the U.S. cattle herd has shrunk to its smallest size in roughly 75 years. This historically tight physical market caused cattle futures to gyrate wildly this week as traders weighed the sudden loss of processing capacity against limited animal supplies. Texas Agriculture Commissioner Sid Miller said ranchers are receiving $300 to $500 less per head for their cattle.

The situation presents a unique policy collision in Washington. The Trump administration has actively sought to lower historically high consumer beef prices by expanding access to imported meat and enacting other supply-side measures. However, the abrupt reduction in domestic processing capacity – triggered by the administration’s own immigration enforcement push – directly undercuts those efforts.

As the backlog grows, market-ready animals are getting heavier at feedlots, piling up feed costs and creating animal welfare concerns. Industry groups warn that if the Kansas bottleneck persists, fewer cattle moving through packing plants will mean less beef on supermarket shelves – and higher prices at the meat counter.

Tyler Durden
Mon, 09/28/2026 – 18:50

Saylor Outlines ‘Bill Of Digital Rights’ To Help Build Prosperity In Future Economy

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Saylor Outlines ‘Bill Of Digital Rights’ To Help Build Prosperity In Future Economy

Authored by Michael Millard via Cointelegraph,

Michael Saylor, co-founder of Strategy, said that an age of digital assets and intelligence needs a “bill of digital rights,” rather than restrictions.

An age of AI can increase production, but it needs better money and capital markets to realize its potential, according to an essay that Saylor, executive chairman of world’s largest corporate Bitcoin holder, posted on X Saturday.

A useful framework for digital assets should establish five fundamental rights, or freedoms, Saylor wrote.

These rights include (1) the freedom to create new digital assets and (2) to issue them to the market to finance business and productivity. They also include (3) the right to hold them or choose a custodian, as well as (4) to transfer them, to move the assets among people, companies, wallets and service providers. Finally, (5) to use them, to spend, invest, earn income and borrow against digital assets.

These rights should apply to both people and companies, Saylor wrote. “An asset’s value depends on what its owner can do with it. Restrict its usefulness, and you restrict its economic potential,” he said.

As digital intelligence will automate jobs and make many products obsolete, future prosperity will depend on our ability to create new businesses and opportunities at a faster pace, Saylor wrote, adding that “our ambition should be to enable 10 million new companies to raise capital.“

Cointelegraph reported on Monday that Strategy had resumed buying Bitcoin after a two-week pause, acquiring 950 Bitcoin (BTC) for $75.7 million at an average price of $79,670 per coin.

Digital dollars should be allowed to compete

This brought Strategy’s holdings to 846,000 BTC, acquired for about $63.8 billion at an average cost of $75,416 per coin. Bitcoin was trading at about $84,523 at the time of publication.

Saylor also wrote in his essay that “protecting existing business models while making it difficult to finance their successors leaves the economy poorly prepared for technological change.“

Therefore, digital dollars should be allowed to compete on yield and “move at the speed of light,” he said. Banks, financial technology companies and technology platforms should offer digital dollars through the devices and applications people already use.

“Where the law prevents it, the law should change,” Saylor added.

Tyler Durden
Mon, 09/28/2026 – 18:25

Bill Maher Credits Falling Crime To Trump’s ‘FAFO’ Image

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Bill Maher Credits Falling Crime To Trump’s ‘FAFO’ Image

Of all people, Democrat Bill Maher believes President Trump’s aggressive image may be playing a role in America’s ongoing decline in crime.

On Friday’s “Real Time,” Maher argued that while falling crime has plenty of potential explanations, it would be foolish to completely dismiss the psychological effect of having a president who openly projects a law-and-order persona, according to the NY Post.

“It’s just childish to pretend that when you elect a “f— around and find out” president, a ‘no more Mr. Nice Guy-booting-your-ass-V-for-vendetta-kick-ass—and-take-names-say-hello-to-my-little-friend’ president, that’s not going to have some effect on crime,” Maher said to laughs from his studio audience.

He was quick to make clear that Trump wasn’t the only explanation. Crime was already moving lower before Trump returned to the White House, and Maher pointed to America’s increasingly pervasive surveillance as another possible factor.

“It’s not just drug crime that’s way down – it’s all crime. And again, probably much of it is not political. It’s because you can’t move two inches in America without being tracked, photographed, and followed by a flock camera,” he quipped.

The Post writes that Maher also argued that policies traditionally associated with Democrats deserve some credit, particularly programs aimed at reducing economic desperation.

“But it’s also because when Democrats expand the safety net, there are less desperate people – and because Trump is a badass. No, I don’t agree with many of his methods, like how they sometimes just deport people to countries where they have absolutely no connection – like Meghan and Harry,” he said. “Is doing it this way the right thing? No.”

During the segment, Maher referenced an Atlantic piece examining the country’s broader decline in violent crime. FBI figures cited in the discussion showed the trend beginning during the Biden years and continuing under Trump. Other explanations have included changes in policing, a strong labor market and federal support sent to state and local governments during the pandemic.

But Maher’s closing argument was that Trump’s cultivated image of toughness may be reinforcing the trend.

“He has UFC fights on the lawn. I think the bad guys got the message,” he said.

Tyler Durden
Mon, 09/28/2026 – 18:00