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Health Officials Urge States To End Mercury-Containing Dental Fillings

Health Officials Urge States To End Mercury-Containing Dental Fillings

Authored by Zachary Stieber via The Epoch Times,

Federal health officials on July 22 encouraged state Medicaid officials to stop covering dental fillings containing mercury.

Health Secretary Robert Kennedy Jr. on Capitol Hill in Washington on April 22, 2026. Madalina Kilroy/The Epoch Times

The Centers for Medicare and Medicaid Services (CMS) sent letters to the Medicaid director in each state urging them to phase out mercury-containing dental fillings by restricting or ending state Medicaid coverage for dental amalgam, fillings that combine mercury and other materials to treat cavities.

“Americans should feel confident that the health care they receive is always working in their best interest,” CMS Administrator Dr. Mehmet Oz said in a statement.

“That’s why we’re urging state Medicaid programs to end the use of mercury-containing dental fillings. This is a straightforward and meaningful step that reflects our shared commitment to safe, higher quality care for all Americans and supports the Trump Administration’s broader goal to Make America Healthy Again.”

Health Secretary Robert F. Kennedy Jr. added: “Mercury has no place in the mouths of our children or in modern American health care. For decades, we have relied on a material that contains one of the world’s most toxic heavy metals when safe, effective mercury-free alternatives are widely available. The Make America Healthy Again agenda means confronting outdated practices that needlessly expose Americans to toxic substances.”

The letters to the state officials noted that the Indian Health Service, which provides healthcare to American Indians, announced in February that it would end the use of mercury-containing fillings by 2027, citing “health concerns regarding mercury exposure.”

Researchers have found signs that amalgam can cause health problems, including higher mercury concentrations in the blood, and patients attributing health problems to the amalgam.

The Minamata Convention on Mercury, signed by the United States in 2013, advises countries to restrict the use of amalgam and identify alternatives, and some countries have already phased out the fillings.

Certain groups such as the American Dental Association say amalgam fillings are safe.

The U.S. Food and Drug Administration says there is limited data on long-term health outcomes of amalgam in young children, and advises that populations such as children under 6 may face a greater health risk due to mercury exposure.

Alternatives to amalgam fillings include composite resin, porcelain, and glass ionomer.

The International Academy of Oral Medicine and Toxicology says that composite fillings are as durable as amalgam and are the most frequently chosen alternative because the white coloring matches the teeth well, and the cost is moderate.

Tyler Durden
Fri, 07/24/2026 – 18:25

Death Toll Revised Lower: Trump Admin Accused Of Playing Politics With Iran War Casualties

Death Toll Revised Lower: Trump Admin Accused Of Playing Politics With Iran War Casualties

The US administration and Department of War has just reduced the total number of American service members killed during the Iran war from 18 to 14.

Removing the four most recent deaths, which occurred in Jordan and in Iraq last week, appears to be politically-driven as a way to keep official casualties lower related to President Trump’s decision to go to war. That’s what’s being widely alleged anyway.

The NY Times, which reported the significant change, wrote that “Three military officials said that one reason behind the change was that the Trump administration decided to remove four service members killed this past weekend from the list — three in Jordan and one in northern Iraq — because their deaths occurred after President Trump declared a cease-fire in the war in April.” 

UPI/Shutterstock

The report lays out that

  • On Wednesday, the Pentagon reported on its casualties website that a total of 18 American service members had been killed during the war in Iran.
  • By Thursday, the Defense Department had lowered that number, reporting that 14 American troops had been killed in the war.

The White House is being widely accused of using troop deaths to play cheap political tricks for the sake maintaining image, and ahead of the November midterms and as voters increasingly turn negative on the dragged-out war.

For example, some scathing commentary out of Rolling Stone says the following:

Soldiers die in war. But ever since the death toll in Vietnam broke a generation’s appetite for war, the American public has been uniquely sensitive to casualty counts as a result of our military actions abroad.

We venerate fallen servicemembers as heroes, no matter how just the conflict they died in was. But now, Donald Trump’s administration is reportedly trying to say that some deaths don’t count.

On Thursday, the Pentagon’s official roll of servicemember deaths as a result of the Iran war suddenly changed, with four names dropping off the list, bringing the total number from 18 down to 14. The New York Times reported that the change came as a result of a direct action, with the Trump administration declaring that four servicemembers who were killed last weekend at bases in Jordan and Iraq don’t count toward the tally of deaths in the Iran conflict, as they occurred after he had declared the conflict to be at a ceasefire in late April.

This kind of paradoxical, absurdist logic is core to the administration’s messaging on the Iran war. We are at war, but not technically at war, because there is a cease fire. However, neither side has ceased firing; four American soldiers just died. However, because there was a cease fire, their deaths cannot be attributed to the Iran war, which is not technically an active conflict, despite the conflict being very active.

Sean Parnell, the chief Pentagon spokesperson, on Thursday claimed on X that “the site errors on the Defense Casualty Analysis System were due to a temporary data disruption” and the “site anomalies are currently being resolved in coordination with the Military Services.”

US defense officials explained that “their deaths occurred after Trump announced a ceasefire in the war in April.”

This was after the Pentagon website that informs the public about the dead and wounded had clearly changed with no explanation. But the bottom line is that at the start of the week the four service members’ deaths were listed under Operation Epic Fury but by Thursday their names were dropped. By close of Friday the website has remained uncorrected, displaying the lower number.

Tyler Durden
Fri, 07/24/2026 – 18:00

Why Were Americans Funding Jobs For Transgender Workers In Nepal?

Why Were Americans Funding Jobs For Transgender Workers In Nepal?

Authored by David Manney via PJ Media,

Former HIV outreach worker and biological male Rubi Lama lost a job he’d held for nine years when U.S. funding vanished from a health program in Nepal. He tested people, counseled those at risk, and helped sex workers avoid infection.

AP Photo/Manuel Balce Ceneta

Months later, unable to find other work, he joined them along a highway outside Hetauda.

Fox News:

An Associated Press social media post about transgender aid workers in Nepal turning to sex work after losing their jobs due to U.S. foreign aid cuts sparked a wave of conservative backlash, with critics arguing the video made the case for defunding USAID rather than saving it.

The AP post said that in Nepal, where “a conservative culture leaves openly transgender people with few legal job options,” around 100 LGBTQ aid workers left jobless by U.S. funding cuts had turned to sex work to survive. An accompanying video focused on Rubi Lama, a former HIV outreach worker who said USAID-funded programs had provided free condoms, lubricant and HIV-prevention medication before the cuts.

“When USAID funding was there, condoms were free, lubricant was also distributed … for free,” Lama said in the video, adding that HIV treatments, including PrEP, were also available without cost. “But, now it is gone.”

His story is painful on a human scale; it also raises a question many Americans are asking: why was the United States expected to keep paying his salary?

Lama worked for Friends Hetauda, part of a network connected to the Blue Diamond Society. The society received 85% of its funding from USAID, operated 20 clinics, and employed 350 people.

Associated Press:

For nine years, Lama – who is transgender – had devoted her life to conducting HIV outreach in Nepal’s marginalized communities, including the LGBTQ+ sex workers who wait by this highway each night. But after the United States slashed its foreign aid funding last year, Lama and more than 280,000 aid workers worldwide found themselves out of a job.

In impoverished Nepal, where a conservative culture leaves openly transgender people with few legal job options, the impact on aid workers’ lives was particularly crushing. Starving and scared, Lama and around 100 other LGBTQ+ aid workers left jobless by the funding cuts have turned to sex work to survive, walking the streets alongside the very people they once fought so hard to help.

When the money stopped, 262 employees lost their jobs, and the organization says 35% to 45% of those former workers later entered sex work.

The clinics provided HIV tests, condoms, counseling, antiretroviral drugs, and PrEP. More than 1,200 clients reportedly lost access to PrEP after the shutdown. Those are real health services, and the people affected aren’t punchlines.

The political reaction followed a familiar script: President Donald Trump cut foreign aid, vulnerable workers suffered, and American taxpayers were cast as villains for refusing to continue the arrangement.

Trump’s Executive Order:

Section 1. Purpose. The United States foreign aid industry and bureaucracy are not aligned with American interests and in many cases antithetical to American values. They serve to destabilize world peace by promoting ideas in foreign countries that are directly inverse to harmonious and stable relations internal to and among countries.

Sec. 2. Policy. It is the policy of United States that no further United States foreign assistance shall be disbursed in a manner that is not fully aligned with the foreign policy of the President of the United States.

Sec. 3. (a) 90-day pause in United States foreign development assistance for assessment of programmatic efficiencies and consistency with United States foreign policy. All department and agency heads with responsibility for United States foreign development assistance programs shall immediately pause new obligations and disbursements of development assistance funds to foreign countries and implementing non-governmental organizations, international organizations, and contractors pending reviews of such programs for programmatic efficiency and consistency with United States foreign policy, to be conducted within 90 days of this order. The Office of Management and Budget (OMB) shall enforce this pause through its apportionment authority.

Critics spoke as though Washington had fired public employees in Ohio rather than ended overseas grants in Nepal.

Foreign aid can serve American interests; HIV prevention can reduce disease, improve stability, and protect people who travel across borders. Compassion also has limits when one country becomes the permanent source of salaries and program funding for organizations half a world away.

Nepal has a national government; it has health agencies, wealthy residents, international charities, and neighboring countries with their own interest in regional health.

Fox News:

USAID later told partners to pause new funding obligations and issue stop-work orders or suspensions for existing awards, while critics have said the review led to major disruptions, staff reductions and the cancellation of critical foreign-assistance awards.

But Federalist editor-in-chief Mollie Hemingway argued the AP post exposed misplaced priorities, particularly among the media, saying the outlet presented U.S. tax dollars flowing to a “trans Nepalese job protection program” as though it was a good use of public money.

“The AP announces that your hard-earned tax dollars were flowing to a trans Nepalese job protection program as if that was an even remotely good use of your money,” Hemingway wrote in a post on X. “AP is sick Democrat propaganda.”

“How dare Elon cut USAID funds to the Nepalese trans sex worker community,” quipped Republican activist Jack Posobiec.

Where were they when an organization depended on Washington for 85% of its budget?

President Trump ordered a review of foreign assistance on Jan. 20, 2025, requiring programs to prove they were efficient and aligned with U.S. foreign policy.

The order didn’t ban all aid; it required justification before the money kept flowing.

The old system trained foreign groups to build programs around American checks, and when the checks stopped, the collapse was immediate. A model that leaves hundreds of employees with no local funding, no transition plan, and no replacement support was never sustainable.

American families face medical bills, housing costs, layoffs, and taxes of their own. They can care about Rubi Lama without accepting lifelong responsibility for his paycheck. They can support targeted HIV treatment without giving every foreign NGO a permanent claim on the U.S. Treasury.

The outrage over Nepal makes President Trump’s case for him. Foreign aid should have a clear purpose, measurable results, shared costs, and an exit plan.

Sympathy can’t replace accountability.

Tyler Durden
Fri, 07/24/2026 – 17:40

Black Dems Up In Arms As Party Considers Giving Nevada First 2028 Primary

Black Dems Up In Arms As Party Considers Giving Nevada First 2028 Primary

It’s always fun watching the party that cherishes identity politics being torn apart by identity politics. 

That’s once again the case, as the Democratic National Committee endeavors to lay out its sequence of primaries for the 2028 presidential race. As a DNC panel convenes in Washington this week, there’s substantial momentum behind the idea of taking the coveted “first in the nation” spot away from 25% black South Carolina, and handing it over to 31% Hispanic Nevada. Party sources tell the New York Times that the black vs brown infighting over the possibility is getting increasingly nasty. 

If the switch happens, South Carolina’s tenure in the top slot will have only lasted one election cycle. After a decades-long tradition that had both Republicans and Democrats kicking off their presidential primary balloting in Iowa and New Hampshire, the Biden team maneuvered the DNC into putting South Carolina first in 2024, after the state’s black voters played an outsize role in helping Biden win the 2020 nomination. The move was made easier by the fact that, when it was setting the 2024 calendar, the Democratic Party still had a strong, post-2020 case of Black Lives Matter fever, and was fixated on pandering to blacks at every turn. 

Christale Spain, who became South Carolina Democrats’ first black party chair in 2023, says putting Nevada first would be disrespectful to blacks (Meg Kinnard/AP)

“If Nevada gets elevated over South Carolina, it would be because of their Latino vote,” South Carolina Democratic Party Chair Christale Spain told the New York Times. “So you would then be telling black voters that you matter less than brown voters. And I refuse to believe that our party wants to send any type of message like that.” Of course, a corollary of Spain’s assertion is that putting Nevada second tells brown voters that they matter less than black voters.

It’s increasingly apparent that America’s Latino population is a critical swing vote. Factor in Nevada’s status as one of the swing states, and it’s easy to see why Democrats are rethinking the batting order — especially when South Carolina is a solid red state that hasn’t given its electoral votes to a Democrat since Jimmy Carter won 56% of the vote in 1976.  

Nevada Democratic Party chair Daniele Monroe-Moreno says putting her swing state first would be a smart strategic move

In an interesting twist to this colorful controversy, the indignant black female South Carolina chair is facing off with the determined black female chair of the Nevada Democrats. “I’m a Black mama whose children are Black and Latino, Native American,” Daniele Monroe-Moreno told the Times. Nevada is about 11% black, slightly lagging blacks’ 13% share of the US population.  

Reverend Al Sharpton — yes, he’s still alive, though not all that relevant — is among those decrying the idea that South Carolina might be told to give up its seat at the front of the metaphoric primary bus. “Pushing South Carolina to the back of the line would be a slap in the face to the very voters who’ve kept this party alive,” he said on Thursday.  

The 2024 Electoral College map: Nevada was part of Trump’s sweep of all seven swing states, but the state went to Biden in 2020

Some black leftists are ridiculing the uproar. “I’m sorry, this is absurd,” tweeted Briahna Joy Gray, former press secretary for the 2020 Bernie Sanders Campaign, adding: 

“Democrats do not respect the Black vote because they don’t have to — Black Americans vote blue no matter who. The *most* Black voters ever get are rhetorical gestures like promises to pass the George Floyd Act (which never happened) or Junteenth (hooray). By contrast, Latinos are swing voters & consequently will be courted. Moreover, NV is a winnable state for Dems — SC is not — so it makes sense to prioritize it.”

Other states are making a dark-horse bid to go first, including substantially-Latino (49%) New Mexico and substantially-black (19%) Virginia. Democrats may put off a final decision until after the midterms, to avoid throwing cold water on the voter enthusiasm of whatever states end up losing the race to go first. 

Gray questioned the sincerity of black South Carolina pols who are expressing outrage over the prospect of losing their slot: “The scramble to keep SC as the first state to vote in the primary is 100% about SC local politicians trying to preserve their newfound endorsement power & influence. It bears no relationship to the interests of Black Americans in SC or anywhere else.”

Tyler Durden
Fri, 07/24/2026 – 17:20

Confirmed Deaths In Ebola Outbreak Eclipse 1,000

Confirmed Deaths In Ebola Outbreak Eclipse 1,000

Authored by Zachary Stieber via The Epoch Times,

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

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

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

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

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

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

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

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

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

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

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

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

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

That outbreak was caused by the Zaire ebolavirus.

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

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

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

Tyler Durden
Fri, 07/24/2026 – 17:00

LA Is Finally Cleaning Up Its Infamous “Graffiti Towers” Before The Olympics Arrives

LA Is Finally Cleaning Up Its Infamous “Graffiti Towers” Before The Olympics Arrives

For years, the unfinished Oceanwide Plaza towers have stood as one of downtown Los Angeles’ most notorious landmarks. Not because of their architecture, but because of what they became. After construction stalled, the empty high-rises were transformed into a massive canvas for graffiti artists, attracting vandals, urban explorers and thrill-seekers who repeatedly scaled the abandoned buildings.

Covered in colorful tags and visible across the city’s skyline, the so-called “graffiti towers” have come to symbolize both the project’s collapse and the city’s struggle to deal with one of its most recognizable eyesores. But now Los Angeles’ infamous graffiti-covered Oceanwide Plaza towers are expected to be cleaned within the next 90 days under a commitment from the project’s proposed new owner, according to Mayor Karen Bass’ office, according to NBC Los Angeles

NBC reports that with the 2028 Olympics approaching, KPC Development Co. has agreed to remove the graffiti from the unfinished skyscrapers, allowing the city to withdraw its objection to the project’s revised bankruptcy plan so cleanup can begin before construction resumes.

If the bankruptcy court approves the sale, KPC plans to complete the long-stalled development, which is slated to include apartments, a hotel, restaurants and retail space. The company will pay for the graffiti removal, city officials said.

Residents who have long complained about the vandalized towers welcomed the announcement, saying the cleanup is an important step toward improving downtown Los Angeles before the Olympics.

And hey…cleaning up the towers is a start. Now the city just has to get around to cleaning up the rest of Los Angeles before the world arrives for the Olympics.

Tyler Durden
Fri, 07/24/2026 – 16:40

“I’m Not Racist”: Musk Slams Snooty Leftist Interviewer, Says “I Support The Normal People”

“I’m Not Racist”: Musk Slams Snooty Leftist Interviewer, Says “I Support The Normal People”

Authored by Steve Watson via Modernity News,

During a terse exchange, Elon Musk told the virulently leftist editor-in-chief of The Economist that civil war in Britain is inevitable on current trends – driven by rapid migration of people whose beliefs clash with Western civilisation.

In response, Zanny Minton Beddoes accused Musk of supporting the “far right,” and amplifying racists.

Musk called the coming confrontation a “reckoning,” rejected the racist smear, and turned the tables on an interviewer determined to paint secure borders and opposition to rape and murder as fringe extremism.

When the interviewer insisted she lived in Britain and called the claim “nonsense,” he shot back: “You live a very closeted existence!”

He expanded:

“If you have a large and growing, rapidly growing, group of people whose beliefs are antithetical to western beliefs, at some point there will be a reckoning.”

Musk described the prospect as inevitable and called it a “crying shame” that mainstream outlets refuse to recognise the threat to Western civilisation.

Pressed on whether he was racist or anti-Muslim, Musk answered directly:

“My partner is half-Indian and I have four children with her. One of them was named after a famous Indian physicist. So I would say I’m not racist.”

He continued:

“If people are coming to a country with antithetical views, I am against that. I’m against rape and murder, I’m against the imposition of rules and laws that are contrary to what we’ve come to accept in the West.”

The interviewer’s line of attack was clear.

She framed Musk’s support for parties defending borders and cultural continuity as backing for the “far right” and even “very fringe parties.”

Musk refused the frame.

“No, I support the NORMAL people,” he said. “What you call the far right FALSELY.”

He pointed out that the same positions – secure borders, safe cities, sensible spending – were mainstream only 10 or 15 years ago.

Speeches by Obama or Hillary Clinton on these subjects would today be denounced as Trumpian extremism by the “lunatic left.”

When Beddoes claimed people “loathe” him, Musk was unmoved, firing back “I don’t care, but the fact that, as you pointed out, a quarter billion people follow me is that I think a lot more people actually like me than don’t. And I think a lot more people hate you and the media more than you realize.”

OOF. Feel the burn.

The pattern is familiar. Positions once held by centre-left politicians are now labelled extreme so that any defence of Western norms can be pathologised. Musk called it out without apology.

The full interview, spanning AI, Europe, politics and the rest, is available here (for now):

Musk’s warning with regards to Britain is not abstract theorising. It lands against a backdrop of UK government moves that look like quiet preparation for internal fracture.

Last year Professor David Betz of King’s College London warned that official talk of a Russian invasion threat was a convenient cover for hardening infrastructure and building a citizen’s militia against domestic conflict.

Low trust, political factionalism and demographic change, he argued, are pushing Britain toward civil strife.

Just days ago the UK government urged households to stockpile long-life food, water, medicines and wind-up radios while announcing the largest home-defence wargame in decades – Operation Albiston Shadow – again framed around hybrid Russian threats. Betz’s analysis remains the same: the real concern is internal, not external.

Musk’s latest comments connect those dots in plain language.

The UK has seen repeated outbreaks of disorder linked to migration failures – Southport, Southampton and beyond. Official responses have often appeared two-tier. At the same time, the state is stockpiling resilience messaging and running large-scale domestic defence exercises while insisting the danger is primarily Russian.

The academic critique from Betz and others is that this is politically safer language for a deeper problem: a society whose cohesion has been eroded by rapid demographic change and elite refusal to confront incompatible values.

Musk is simply saying the quiet part out loud. Large-scale importation of populations that reject core Western principles – equality under the law, free speech, protection of women and girls – creates friction that does not magically resolve. When media and political classes treat any discussion of that friction as “far right,” the pressure only builds.

Britain’s leadership can keep pretending the only threats come from Moscow or from citizens who notice the transformation of their own towns. Musk is not pretending. Neither should anyone else who values the civilisation that still, for now, allows such interviews to happen.

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
Fri, 07/24/2026 – 16:30

“The Polycrisis Of 2026 Whirls Like A Demon-Infested Storm Overcoming This Human Project…”

“The Polycrisis Of 2026 Whirls Like A Demon-Infested Storm Overcoming This Human Project…”

Authored by James Howard Kunstler,

Struggle session

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

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

Apocalypse now, it seems like.

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

But I tell you, we will get through this.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Tyler Durden
Fri, 07/24/2026 – 16:20

Financial Repression: How The US Government Will Quietly Confiscate Your Wealth

Financial Repression: How The US Government Will Quietly Confiscate Your Wealth

Authored by Nick Giambruno via InternationalMan.com,

When I first heard the term “financial repression,” I thought it had to be a joke.

Why would governments and central banks use a term with such a negative connotation? Even people who are financially illiterate can understand that financial repression is a bad thing.

Simply put, financial repression is a strategy governments use to reduce their debt burden by manipulating interest rates below inflation.

It allows them to borrow in dollars and repay in dimes.

Here’s how the IMF describes it, emphasis mine:

“Financial repression includes directed lending to government by captive domestic audiences (such as pension funds), explicit or implicit caps on interest rates, regulations of cross-border capital movements, and (generally) a tighter connection between government and banks.”

More from the IMF:

“High public debt often produces the drama of default and restructuring.

But debt is also reduced through financial repression, a tax on bondholders and savers via negative or below-market real interest rates.

After WWII, capital controls and regulatory restrictions created a captive audience for government debt, limiting tax-base erosion.

Financial repression is most successful in liquidating debt when accompanied by inflation.”

For example, if inflation is 9% and governments fix interest rates at 4%, there is an ongoing 5% wealth transfer from the lender to the borrower. And that transfer compounds over time.

I think financial repression is how the US government will try to manage its otherwise impossible debt situation.

Consider this.

Among the biggest expenditures for the US government are so-called entitlements like Social Security and Medicare.

It’s unlikely any politician will cut entitlements. On the contrary, I expect them to continue growing.

That’s because tens of millions of Baby Boomers—about 22% of the population—will enter retirement in the coming years. Cutting Social Security and Medicare is a sure way to lose an election.

With the most precarious geopolitical situation since World War 2, National Defense—another large expenditure—is unlikely to be cut. Instead, defense spending is all but certain to increase. President Trump has proposed increasing it from $917 billion to $1.5 trillion. The ongoing war with Iran guarantees military spending has nowhere to go but up, way up.

Different types of welfare programs also make up a considerable part of the federal budget and are unlikely to be cut.

In short, efforts to reduce expenditures will be meaningless unless it becomes politically acceptable to make chainsaw-like cuts to entitlements, national defense, and welfare, while also reducing the national debt enough to lower interest costs.

In other words, the US would need a leader who—at a minimum—returns the federal government to a limited Constitutional Republic, closes the 800 military bases abroad, ends entitlements, kills the welfare state, and repays a large portion of the national debt.

However, that is a completely unrealistic fantasy.

It would be foolish to bet on it happening.

In any case, don’t count on increased tax revenue to offset these increases in federal expenditures.

Even if tax rates went to 100%, it still wouldn’t be enough to stop the debt from growing.

According to Forbes, there are around 902 billionaires in the US with a combined net worth of about $6.8 trillion.

The US federal government spent around $7 trillion in FY 2025, and will almost certainly spend a lot more in FY 2026 and beyond.

Even if the US government confiscated 100% of billionaire assets through a wealth tax, it wouldn’t cover even a single year of current federal spending.

And even after confiscating all billionaire wealth, the US government would still have to borrow more than $200 billion to cover FY 2025 spending.

Here’s the bottom line: increasing taxes, even to extreme levels, isn’t going to change the trajectory of this unstoppable trend—even slightly.

The truth is, no matter what happens, the deficits will not stop growing, nor will the debt needed to finance them.

In short, it’s politically impossible to even slow the federal spending growth rate, let alone cut it.

That means issuing ever-increasing amounts of debt is the only way to finance continuously expanding budget deficits.

The ever-growing interest expense on the ever-growing federal debt compounds the problem. It adds to the deficit, which must be financed with even more debt, which creates even more interest expense.

So what options does the US government have to deal with this impossible situation?

In my view, the US government has no choice but to implement financial repression.

The idea is to stealthily confiscate wealth from bondholders without causing too much alarm.

Financial Repression

There are many flavors of financial repression.

Capital controls. Mandates forcing banks, pension funds, and insurance companies to buy government bonds. Regulations that make government debt appear “safe” or “risk-free” on institutional balance sheets. Yield curve control. Interest rate caps. Restrictions on moving money abroad.

And countless other policies designed to trap capital inside the system and push it toward government debt.

For example, many countries have forced private retirement funds into unwanted government debt. I have no doubt the US government would do the same under pressure.

They could try to sell it to a scared and financially ignorant public as a safety measure—a way to help people protect their retirement savings by moving them into “safe” Treasuries amid a stock market collapse.

They could sell it with patriotic lies and push War Bonds, as they have done in the past.

They could mandate that a certain amount—say, 25%—of all new contributions to private retirement accounts must consist of Treasuries. For your own good, of course.

They could even forcibly convert existing assets held in retirement accounts into government bonds.

No matter the method, the result is the same.

The government needs to borrow enormous amounts of money at artificially low interest rates.

So it creates rules, incentives, and restrictions that force or pressure savers and institutions to finance government deficits on terms they would never voluntarily accept in a free market.

That is the essence of financial repression.

It’s no wonder financial repression is so attractive to politicians.

It allows them to reduce the real value of the debt without admitting they defaulted, without officially raising taxes, and without making the politically impossible spending cuts that would otherwise be required.

And they can do it while perhaps not even 1 in 100 people truly understand what is happening.

Financial repression will not arrive with a public announcement. It will come through policies that appear reasonable, temporary, and even protective—while quietly eroding the value of your savings and limiting your financial freedom.

This is only one part of a much larger crisis now taking shapeRead our free report to understand the forces driving it, the risks they pose to your wealth and personal freedom, and the three strategies you can use right now to prepare.

Tyler Durden
Fri, 07/24/2026 – 15:40

US Bombing Campaign Effectiveness In Doubt As Iranians Rebuild At Rapid Pace

US Bombing Campaign Effectiveness In Doubt As Iranians Rebuild At Rapid Pace

Neocon war hawks thought that Iran’s defense capabilities could be obliterated through shock and awe style heavy bombing raids, such as during the opening days and weeks of Operation Epic Fury, but just like pretty much every other assumption about how things would go in the little Iran “excursion” – they are once again proven wrong.

Several fresh reports from both American and Israeli sources say that Iran is rebuilding damaged and destroyed facilities at much faster-than-expected pace. This is despite the well over 20,000 US-Israeli strikes carried out at the height of the war.

Analyzing the latest satellite imagery assessing the damage, The Wall Street Journal writes that the Islamic Republic has “quickly rebuilt infrastructure damaged during the U.S. and Israeli bombing campaign over recent months, from missile bases nestled deep inside mountains to bridges, ports and production facilities, according to Israeli and Western officials and a review of satellite imagery.”

Handout satellite image courtesy of Vantor shows tunnel entrances at a missile complex in Isfahan, in central Iran. via Vantor/AFP

The publication says that this is a significant factor in explaining how the Iranians have managed to maintain their grip on the Strait of Hormuz and thus serious economic and political leverage.

Everything from roads to bridges to tunnel entrances have also be restored at surprising speeds, which also suggests the US bombings have had a rallying effect among civic workers and the broader population in support of the nation and the government.

WSJ offers but one example as follows: “Near Kangavar, in western Iran, satellite imagery from Planet Labs in March showed two tunnel entrances and an access road damaged by airstrikes aimed at blocking access to an Iranian missile base. Within weeks, imagery from Airbus revealed a neatly paved road leading to freshly excavated entrances.”

Israeli media too has listed out the following further examples:

Kangavar Missile Base: Attacked in early March; satellite images show an access road was destroyed, but a newly paved road was built weeks later to bypass the damage.

Bandar Anzali Port: Despite Israel claiming significant damage in March to the IRGC-linked port, command center, and shipyard – early July images show active reconstruction underway.

Tehran Missile Plant: Recent imagery documents active rebuilding efforts at a missile production facility near the capital.

This is causing US and Israeli officials to revisit strategy concerning potential future major bombing campaigns over Iran.

It was in April that the US and Israel began ramping up attacks on bridges and rail lines to cripple Iran’s national transport network. Israel especially adopted attacks against key civilian infrastructure as a battle tactic, in hopes that eventually there would be a groundswell of anti-Tehran anger domestically, leading to government overthrow. Of course, regime change has never happened, and is proving an illusive Neocon fantasy. 

President Trump himself had also at the time repeatedly threatening to bomb bridges, power plants, and other infrastructure to send Iran “back to the Stone Age.”

Iranian officials say multiple damaged rail lines and bridges have been restored in record time – sometimes within 40 to 96 hours – using domestic engineering teams. The ceasefire which was declared on April 8, but which is now defunct, was used as a time of rapid rebuilding – something which even US officials have acknowledged

Tyler Durden
Fri, 07/24/2026 – 15:20