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What Is American Conservatism?

What Is American Conservatism?

Authored by Roger Kimball via The Epoch Times,

“To be deceived about the truth of things and so to harbor untruth in the soul is a thing no one would consent to.”

— Plato, The Republic

Let me start with the genus. What is conservatism? The answer? It is cheerful allegiance to the truth. This is especially true of conservatism’s American variant. Conservatism in America has some distinctive features, traceable mostly to two things: the Founders’ vision of limited government supporting individual liberty and the historical accidents of newness, on the one hand, and geographical amplitude and separateness on the other.

Although it may sometimes seem that conservatives are constitutionally averse to cheerfulness, writing works with titles such as Leviathan, The Decline of the West, The Waste Land, and Slouching Towards Gomorrah, by habit and disposition, I submit, conservatives tend, as a species, to be less gloomy than—than what? What shall we call those who occupy a position opposite that of conservatives? Not liberals, surely, since the people and policies that are called “liberal” are so often conspicuously illiberal, i.e., opposed to freedom and all its works.

Indeed, when it comes to the word “liberal,” Russell Kirk came close to the truth when he observed that he was conservative because he was a liberal, that is, a partisan of ordered liberty and the habits and institutions that nurture it. (Is that another definition of conservatism?) In any event, whatever the opposite of conservatives should be called—perhaps John Fonte’s marvelous coinage “transnational progressives” is best, though the old standby “Leftists” will do—they tend to be gloomy, partly, I suspect, because of disappointed utopian ambitions.

Conservatives also tend to enjoy a more active and enabling sense of humor than leftists. Has anyone ever accused Elizabeth Warren of having a sense of humor? How about Rachel Maddow? Or Jamie Raskin?

The nineteenth-century English essayist Walter Bagehot once observed that “the essence of Toryism is enjoyment.” What he meant, I think, was summed up by the author of Genesis when that sage observed that “God made the world and saw that it was good.” Conservatives differ from progressives in many ways, but one important way is in the quantity of cheerfulness and humor they deploy. Not that their assessment of their fellows is more sanguine.

On the contrary, conservatives tend to be cheerful because they do not regard imperfection as a moral affront. Being soberly realistic about mankind’s susceptibility to improvement, they are as suspicious of utopian schemes as they are appreciative of present blessings.

Conservatives, that is to say, are realists. Like Plato, they recoil from the prospect of being fundamentally out of touch with reality.

In a word, conservatives are not “woke.” They strive to call things by their proper names. Like Oscar Wilde’s Cecily Cardew, they call a spade a spade, just as they prefer to call “affirmative action” what it really is: “discrimination according to race or sex.” Ditto about taxation, which they describe, accurately, as “government-mandated income redistribution,” and “Islamophobia,” which is a piece of Orwellian Newspeak foisted upon an unsuspecting public by irresponsible “multiculturalists” colluding more or less openly with Islamofascists.

At a time when culture and intellectual life are everywhere beholden to the imperatives of political correctness, even insisting on clear prose seems a daring provocation. Thus, one follower of the French deconstructionist Jacques Derrida declared that “unproblematic prose” and “clarity” were “the conceptual tools of conservatism.”

Similarly, simply telling the truth about a whole host of controversial subjects is regarded as an unacceptable challenge to the reigning pieties of established opinion.

Creeping multiculturalism intersects in poignant ways with a subject that is always at the center of concern for conservatism: change. Granted, change is a great fact of life.

But an equally great fact is continuity, and it may well be that one adapts more successfully to certain realities by resisting them than by capitulating to them. “When it is not necessary to change,” Lord Falkland said some centuries ago, “it is necessary not to change.”

I recognize that “change,” like its conceptual cousin “innovation,” is one of the primary watchwords of the modern age. But the great conservative icon William F. Buckley Jr. was on to something important when he wrote, in the inaugural issue of National Review in November 1955, that a large part of the magazine’s mission was to “stand athwart history, yelling Stop.”

It’s rare that you hear someone quote that famous line without a smile—the smile meaning “he wasn’t really against change, innovation, etc., etc.” But I believe Buckley was in earnest. It was one of the things that made National Review, in its first decades at least, unzeitgemässe, “untimely” in the highest sense of the word.

Back then, National Review, as Buckley wrote, “is out of place, in the sense that the United Nations and the League of Women Voters and The New York Times and Henry Steele Commager are in place.”

The late Australian philosopher David Stove saw deeply into this aspect of the metabolism of conservatism. In an essay called “Why You Should Be a Conservative,” he rehearses the familiar scenario:

A primitive society is being devastated by a disease, so you bring modern medicine to bear, and wipe out the disease, only to find that by doing so you have brought on a population explosion. You introduce contraception to control population, and find that you have dismantled a whole culture. At home you legislate to relieve the distress of unmarried mothers, and find you have given a cash incentive to the production of illegitimate children. You guarantee a minimum wage, and find that you have extinguished, not only specific industries, but industry itself as a personal trait. . . .

This is the oldest and the best argument for conservatism: the argument from the fact that our actions almost always have unforeseen and unwelcome consequences. It is an argument from so great and so mournful a fund of experience, that nothing can rationally outweigh it. Yet somehow, at any rate in societies like ours, this argument never is given its due weight. When what is called a “reform” proves to be, yet again, a cure worse than the disease, the assumption is always that what is needed is still more, and still more drastic, ‘reform.’

Progressives cannot wrap their minds (or, more to the point, their hearts) around this irony: that “reform” so regularly exacerbates either the evil it was meant to cure or another evil it had hardly glimpsed.

The Victorian poet and essayist Matthew Arnold was no enemy of reform. But he understood that what he described as “the melancholy, long, withdrawing roar” of faith had left culture dangerously exposed and unprotected. In cultures of the past, Arnold thought, the invigorating “remnant” of those willing and able to energize culture was often too small to succeed. As societies grew, so did the forces of anarchy that threatened them—but then so did that enabling remnant.

Arnold believed modern societies possessed within themselves a “saving remnant” large and vital enough to become “an actual power” that could stem the tide of anarchy. As I look around at our present discontents, I hope more than ever that he was right.

Tyler Durden
Sun, 06/01/2025 – 23:20

Palantir’s Deepening Government Ties Spark Fears Of Centralized Surveillance

Palantir’s Deepening Government Ties Spark Fears Of Centralized Surveillance

On Friday the NY Times published a report highlighting the Trump administration’s increasing use of software from data analysis firm Palantir, which has been deployed across at least four federal agencies for the stated purpose of increasing operational efficiency through data modernization.

For now, each deployment of Palantir software is focused on department-specific services, but the fact that they’re now embedded across multiple agencies – combined with Trump’s March executive order calling for the federal government to share data across agencies – has raised concerns over whether the US government is laying the groundwork for what could become an interconnected and unified surveillance apparatus created by a company which has been in business with the government since 2008. 

Screenshot via USASPENDING.gov

On Wednesday we noted that Fannie Mae, the quasi-government financial firm overseen by the Federal Housing Finance Agency (FHFA), announced a partnership with Palantir to detect mortgage fraud using the firm’s proprietary technology, which includes some elements of artificial intelligence. 

According to the report, since Donald Trump took office Palantir has received over $113 million in government spending – which doesn’t include a $795 million contract from the Department of Defense (DoD) awarded last week. According to the Times report (citing six alleged government officials and Palantir employees), the company is also in discussions with the Social Security Administration and the Internal Revenue Service (the latter of which contracted with Palantir during the Biden administration). 

Former Employees Revolt

Palantir was founded in 2003 by Alex Karp and Trump ally Peter Thiel, and specializes in finding patterns in data and streamlining it into easily presentable formats. While Thiel is clearly a conservative, Karp – a self-described “socialist” who voted for Hillary Clinton, bragged about stopping the “far right” in Europe. 

Via @ReedCooley

And so it’s of little surprise that employees would flip out and leave over Palantir’s recent $30 million contract with ICE to build a platform to track migrant movements in real time. (Palantir notably designed software for the Israel Defense Forces (IDF) to identify and track Hamas targets).

This month, 13 former employees signed a letter urging Palantir to stop its endeavors with Mr. Trump. Linda Xia, a signee who was a Palantir engineer until last year, said the problem was not with the company’s technology but with how the Trump administration intended to use it.

“Data that is collected for one reason should not be repurposed for other uses,” Ms. Xia said. “Combining all that data, even with the noblest of intentions, significantly increases the risk of misuse.”

…

Ms. Xia said Palantir employees were increasingly worried about reputational damage to the company because of its work with the Trump administration. There is growing debate within the company about its federal contracts, she said.

“Current employees are discussing the implications of their work and raising questions internally,” she said, adding that some employees have left after disagreements over the company’s work with the Trump administration.

Last week, a Palantir strategist, Brianna Katherine Martin, posted on LinkedIn that she was departing the company because of its expanded work with ICE. -NY Times

According to Xia’s letter, “We no longer believe Palantir’s executives are upholding these values. By supporting Trump’s administration,Elon Musk’s DOGE initiative, and dangerous expansions of executive power, they have abandoned their responsibility and are in violation of Palantir’s Code of Conduct.”

“As Musk’s DOGE operation dismantles U.S. government institutions under the guise of exposing corruption, opposition remains silent. Companies are placating Trump’s administration, suppressing dissent, and aligning with his xenophobic, sexist, and oligarchic agenda.Government databases are already erasing references to transgender people and gender-affirming care.These injustices could be facilitated by the very software infrastructure we help build.”

Palantir Responds

In response to the Times, Palantir pointed to a blog post on how the company handles data, which reads: “We act as a data processor, not a data controller.” 

“Our software and services are used under direction from the organisations that license our products: these organisations define what can and cannot be done with their data; they control the Palantir accounts in which analysis is conducted.”

What say you?

Tyler Durden
Sun, 06/01/2025 – 22:45

Will Russia’s Retaliation To Ukraine’s Strategic Drone Strikes Decisively End The Conflict?

Will Russia’s Retaliation To Ukraine’s Strategic Drone Strikes Decisively End The Conflict?

Authored by Andrew Korybko via Substack,

Ukraine carried out strategic drone strikes on Sunday against several bases all across Russia that are known to house elements of its nuclear triad. This came a day before the second round of the newly resumed Russian-Ukrainian talks in Istanbul and less than a week after Trump warned Putin that “bad things..REALLY BAD” might soon happen to Russia. It therefore can’t be ruled out that he knew about this and might have even discreetly signaled his approval in order to “force Russia into peace”.

Of course, it’s also possible that he was bluffing and the Biden-era CIA helped orchestrate this attack in advance without him ever finding out so that Ukraine could either sabotage peace talks if he won and pressured Zelensky into them or coerce maximum concessions from Russia, but his ominous words still look bad. Whatever the extent of Trump’s knowledge may or may not be, Putin might once again climb the escalation ladder by dropping more Oreshniks on Ukraine, which could risk a rupture in their ties.

Seeing as how Trump is being left in the dark about the conflict by his closest advisors (not counting Witkoff) as proven by him misportraying Russia’s retaliatory strikes against Ukraine over the past week as unprovoked, he might react the same way to Russia’s inevitable retaliation.

His ally Lindsay Graham already prepared legislation for imposing 500% tariffs on all Russian energy clients, which Trump might approve in response, and this could pair with ramping up armed aid to Ukraine in a major escalation.

Everything therefore depends on the form of Russia’s retaliation; the US’ response; and – if they’re not canceled as a result – the outcome of tomorrow’s talks in Istanbul. If the first two phases of this scenario sequence don’t spiral out of control, then it’ll all depend on whether Ukraine makes concessions to Russia after its retaliation; Russia makes concessions to Ukraine after the US’ response to Russia’s retaliation; or their talks are once again inconclusive.

The first is by far the best outcome for Russia.

The second would suggest that Ukraine’s strategic drone strikes on Russia’s nuclear triad and the US’ response to its retaliation pressured Putin to compromise on his stated goals.

These are Ukraine’s withdrawal from the entirety of the disputed regions, its demilitarization, denazification, and restoring its constitutional neutrality. Freezing the Line of Contact (LOC), even perhaps in exchange for some US sanctions relief and a resource-centric strategic partnership with it, could cede Russia’s strategic edge.

Not only might Ukraine rearm and reposition ahead of reinitiating hostilities on comparatively better terms, but uniformed Western troops might also flood into Ukraine, where they could then function as tripwires for manipulating Trump into “escalating to de-escalate” if they’re attacked by Russia. As for the third possibility, inconclusive talks, Trump might soon lose patience with Russia and thus “escalate to de-escalate” anyhow. He could always just walk away, however, but his recent posts suggest that he won’t.

Overall, Ukraine’s unprecedented provocation will escalate the conflict, but it’s unclear what will follow Russia’s inevitable retaliation. Russia will either coerce the concessions from Ukraine that Putin demands for peace; the US’ response to its retaliation will coerce concessions from Russia to Ukraine instead; or both will remain manageable and tomorrow’s talks will be inconclusive, thus likely only delaying the US’ seemingly inevitable escalated involvement. Tonight will therefore be fateful for the conflict’s future.

Tyler Durden
Sun, 06/01/2025 – 21:00

Trump Admin Shuts Down Massive $66 Million Food Stamp Fraud Scheme

Trump Admin Shuts Down Massive $66 Million Food Stamp Fraud Scheme

A U.S. Department of Agriculture (USDA) employee and five others have been arrested for allegedly defrauding the Supplemental Nutrition Assistance Program (SNAP) of more than $66 million in unauthorized transactions, according to Fox Business.

Secretary of Agriculture Brooke Rollins called it “one of the largest stings” in USDA history, emphasizing, “At USDA, we are hyper-focused… on rooting out that waste, fraud and abuse.” She added, “This is a new day, and President Trump promised… that it would not be the government that we know.”

The defendants — Michael Kehoe, Mohamad Nawafleh, Omar Alrawashdeh, Gamal Obaid, Emad Alrawashdeh, and USDA employee Arlasa Davis — face charges of “conspiracy to steal government funds and to misappropriate U.S. Department of Agriculture benefits,” according to prosecutors.

Fox Business News writes that the scheme, which began in 2019, allegedly involved Kehoe supplying 160 unauthorized electronic benefit transfer (EBT) cards to stores across the New York area, enabling over $30 million in fraudulent transactions. Prosecutors say Davis sold confidential information to criminals, undermining a program that “vulnerable New Yorkers depend on for basic nutrition,” U.S. Attorney Perry Carbone said.

“These charges should be a reminder that those who exploit anti-poverty programs for personal gain will be held accountable for their crimes,” Carbone added.

According to officials, the group also submitted fraudulent USDA applications, misappropriated license numbers, and doctored documents to benefit unauthorized stores.

Rollins vowed ongoing action: “That is no longer going to be allowed here in Washington,” she said. “This is not the ‘one and only.’ There are going to be many more to come… We’re going to make sure that we’re delivering on our promises to the taxpayers.” She concluded, “It’s just the tip of the spear… There’s going to be real consequences for breaking the law.”

Tyler Durden
Sun, 06/01/2025 – 20:25

Suspect Who Set Multiple People On Fire At Boulder Pro-Israeli March In Custody Following Terror Attack

Suspect Who Set Multiple People On Fire At Boulder Pro-Israeli March In Custody Following Terror Attack

Police said a male suspect was taken into custody after a Sunday afternoon attack that “set people on fire” in Boulder, Colorado, in what the FBI director described as a “targeted” act of terror.

Authorities identified the attacker who threw a Molotov cocktail at a pro-Israel march in Boulder, injuring multiple people, and whom MSNBC described only as a “white male”…

… as Mohamad Soliman.

Information on the attack, which occurred near a walk to remember the Israeli hostages who remain in Gaza, was “very preliminary,” Boulder Police Chief Stephen Redfearn said. But he noted the man was apprehended following calls to police dispatch of someone with a weapon who was “setting people on fire.”

While FBI heads Kash Patel and Dan Bongino described the incident as a “targeted terror attack,” Redfearn stressed it was too soon to speculate about a motive.

“We are not calling it a terror attack at this moment,” Redfearn said. “This was a beautiful Sunday afternoon in downtown Boulder on Pearl Street and this act was unacceptable,” he said. “I ask that you join me in thinking about the victims, the families of those victims, and everyone involved in this tragedy.”

The attack follows the arrest of a Chicago-born man in the fatal shooting of two Israeli embassy employees in Washington, D.C. Someone opened fire on a group of people leaving an event hosted by the American Jewish Committee, an advocacy group that fights antisemitism and supports Israel.

“We are saddened and heartbroken to learn that an incendiary device was thrown at walkers at the Run for Their Lives walk on Pearl Street as they were raising awareness for the hostages still held in Gaza,” a statement attributed to Boulder’s Jewish Community said.

Colorado Governor Jared Polis posted on social media that he was closely monitoring the situation, adding that “hate-filled acts of any kind are unacceptable.”

 

Tyler Durden
Sun, 06/01/2025 – 19:46

256,185 Pounds Of Canned Beef Stew Recalled Nationwide

256,185 Pounds Of Canned Beef Stew Recalled Nationwide

Authored by Naveen Athrappully via The Epoch Times (emphasis ours),

Georgia-based Hormel Foods Corporation is withdrawing roughly 256,185 pounds of canned beef stew products from across the United States as they could be “contaminated with foreign material, specifically wood,” the Food Safety and Inspection Service (FSIS) said in a May 28 statement.

An image of the recalled ‘Dinty Moore Beef Stew’ can label from Hormel Foods Corporation. USDA

The recall is applicable to 20-oz. metal cans of “Dinty Moore Beef Stew” manufactured on Feb. 4, with a “best by” date of February 2028 and lot code “T02045,” the agency said. The items were shipped to retail locations across the country.

Wooden fragments in food pose a serious health risk as sharp-edged pieces can injure the insides of the throat, stomach, or intestines. In some cases, the fragments may also cause choking.

The contamination was discovered after the company “notified FSIS that they had received three consumer complaints reporting pieces of wood in the beef stew product,” said the announcement.

“There have been no confirmed reports of injury due to consumption of this product. Anyone concerned about an injury should contact a healthcare provider.”

FSIS said it was concerned the items may still be in the pantries of some customers and advised people who have bought the recalled products not to consume them. The items should either be discarded or returned to the place of purchase.

The recall was given a Department of Agriculture (USDA) “High-Class I” designation, which is only issued where there is a “reasonable probability that the use of the product will cause serious, adverse health consequences or death.”

Individuals with queries about the recall can get in touch with Hormel at 800-523-4635.

In an emailed statement to The Epoch Times, Hormel said that “as a Fortune 500, global branded food company, we are committed to maintaining the highest standards for our product.”

“Out of an abundance of caution, Hormel Foods is voluntarily recalling 17,080 cases of a single code date of 20 oz. Dinty Moore Beef Stew as it may contain extraneous wood material. No other Dinty Moore products are affected,” it added.

Federal agencies have issued multiple food recalls and alerts in recent months, citing the presence of wooden fragments.

In April, the agency issued a public health alert for various soup and bowl food items, warning these foods could contain wood. The products were distributed in Ohio, Indiana, Illinois, and Michigan.

On March 18, a recall notice from the Food and Drug Administration said Virginia-based Nestle USA was pulling out several frozen items due to contamination by a “wood-like material.”

The company issued a recall after consumers contacted the company regarding the issue, including a potential choking incident.

Food Safety Inspections

Foreign substances such as plastic and metal have also triggered FSIS food recalls and alerts.

On April 19, FSIS issued an alert on pork carnitas from Texas-based Cargill Meat Solutions since the items were suspected to be contaminated with pieces of metal. A recall was not issued in the case as the products were no longer available for purchase.

The issue was identified when the company alerted FSIS about finding equipment damage during routine checks that could have contaminated the products with metal pieces.

Earlier on April 5, Illinois-based Johnsonville, LLC, recalled over 22,600 pounds of cheddar bratwurst products, citing potential for being contaminated with hard plastic.

The company told FSIS it had received two complaints from customers about hard plastic material being found in the food item.

The Trump administration has ramped up efforts to ensure the safety of America’s food supply.

Secretary of Agriculture Brooke Rollins recently announced a $14.5 million funding increase for states to use for their meat and poultry safety inspection programs, USDA said in a May 27 statement.

“Without this funding, States may not have the resources to continue their own inspection programs which ensure products are safe,” the agency said.

Tyler Durden
Sun, 06/01/2025 – 18:40

Big Bank Boss Urges America To ‘Stockpile Bullets, Not Bitcoin’

Big Bank Boss Urges America To ‘Stockpile Bullets, Not Bitcoin’

JPMorgan Chase CEO Jamie Dimon argued at the inaugural Reagan National Economic Forum in California that the U.S. should should stockpile guns, ammunition and drones rather than Bitcoin.

“We should stockpiling guns, bullets, tanks, planes, drones, you know, rare earths. We know we need to do it. It’s not a mystery,” Dimon said, referencing President Donald Trump’s executive order in March that established a Bitcoin reserve.

Dimon is by now well known for his dislike/disapproval of cryptocurrencies (even though his own bank now allows clients to trade them); which should come as no surprise since the concept of sovereignty and democratizing finance is the nemesis of the established ‘trust us with your cash’ regime of banking rent-seekers.

“We should be stockpiling bullets,” he continued.

“Like, you know, the military guys tell you that, you know, if there’s a war in the South China Sea, we have missiles for seven days.

Okay, come on. I mean, we can’t say that with a straight face and think that’s okay.

So we know what to do. We just got to now go about doing it. Get the people together, roll up our sleeves, you know, have the debates.”

The sweeping discussion covered everything from the domestic US economy to how the world’s “tectonic plates are shifting” in geopolitics in the form of wars, proxy terrorists and the potential proliferation of nuclear weapons. 

Dimon underscored during his address that he does not view China as America’s top adversary, and instead pointed his attention to the “enemy within” that could lead to the U.S. losing its status as the world’s leader. 

“I’m not as worried about China,” Dimon said. 

“China is a potential adversary. They’re doing a lot of things well, they have a lot of problems. But what I really worry about is us. Can we get our own act together, our own values, our own capability, our own management?”

Dimon warned that a crack in the bond market is “going to happen” after the US government and Fed “massively overdid” spending and quantitative easing.

“I just don’t know if it’s going to be a crisis in six months or six years, and I’m hoping that we change both the trajectory of the debt and the ability of market makers to make markets,” the JPM CEO said Friday at the Reagan National Economic Forum. 

“Unfortunately, it may be that we need that to wake us up.”

With Swap Spreads starting to blow out again, Dimon maybe right sooner than expected.

“I tell this to my regulators,” Dimon said Friday. 

“I’m telling you it’s going to happen, and you’re going to panic. I’m not going to panic, we’ll be fine. We’ll probably make more money and then some of my friends will tell me that we like crises because it’s good for JPMorgan Chase – not really.” 

But Dimon was not done yet. He took a shot at Democrats and their insane green and border policies…

“Immigration… what the hell were we doing?

The bottom 20% of our population’s wages haven’t gone up in 20 years.

The Biden admin was wasting so much money on “green” stuff that we know won’t work…meanwhile our schools don’t work.”

“Do you think people in rural cities, do you think people in inner cities thought they were getting anything? Do you think that those people think the American government is fair and competent and that this was in their best interest?” he asked rhetorically.

“Their schools don’t work, they’re not getting the skills they need… so we’ve gotta acknowledge these.”

Referring to what he calls “blue tape,” Dimon went on to blast the left for their regulatory obsession and desire to make life difficult.

“Democrats, they love it, they want more of it, and they want to make it so confusing. You can’t even meet the rules, so you get punished and fined afterward.” 

Dimon referred to the U.S. government as a “Leviathan” that is too weak to carry out policies, while simultaneously imposing “things on the American public that they’re getting sick of.” 

Dimon’s solution is that the U.S. needs to celebrate its long-held values.

“Celebrate our virtues: freedom of speech, freedom of religion, freedom of enterprise, equal opportunity, family, God, country,” he said.

“You know, and you can acknowledge the flaws that we have, which are extraordinary — what we did the Black population for years. Don’t denigrate the great things of this country, because those are two different things.”

“We don’t talk that much to each other — deal with our policies — this is the enemy within,” he continued.

“We’ve got to fix our permitting our regulations our immigration our taxation, which I, I think they’re on their way. We have to fix our inner city schools, our health care system.” 

Interesting that the JPM CEO was not this outspoken DURING Biden’s term?

Tyler Durden
Sun, 06/01/2025 – 18:05

14 People Charged In $25 Million COVID Relief, Small Business Loan Fraud Scheme

14 People Charged In $25 Million COVID Relief, Small Business Loan Fraud Scheme

Authored by Aldgra Fredly via The Epoch Times (emphasis ours),

Fourteen people were arrested on May 28 for allegedly being involved in a scheme to fraudulently obtain over $25 million in COVID-19 relief funds and federally guaranteed small business loans, according to the Department of Justice (DOJ).

The Department of Justice (DOJ) in Washington on March 10, 2025. Madalina Vasiliu/The Epoch Times

The individuals are among the 18 people charged in connection with the case. Four who have not yet been arrested are currently believed to be in Armenia, the DOJ said in a statement.

All of them are facing charges of conspiracy to defraud the government, false claims, wire fraud, bank fraud, money laundering, laundering of monetary instruments, monetary transactions involving property derived from specified unlawful activity, and structuring financial transactions to evade reporting requirements.

Law enforcement officers seized about $20,000 in cash, two money-counting machines, paper cash bands, cellphones, laptops, two loaded semi-automatic handguns, and boxes of ammunition during the arrests.

Tyler Hatcher, special agent in charge of IRS Criminal Investigation, said the defendants were accused of fraudulently obtaining funds through the Small Business Administration’s (SBA) Paycheck Protection Program, Economic Injury Disaster Loan program, and other federal funding programs.

“These programs were established to assist individuals and businesses in need of financial assistance and instead were pilfered by the named defendants,” Hatcher said in the statement.

Among those arrested was Vahe Margaryan, 42, who allegedly instructed “owners of sham companies” to open bank accounts and fabricate documents to support loan applications used to purchase other fake businesses.

Prosecutors alleged that Margaryan orchestrated the scheme from 2018 to January 2025 and paid for tax returns that falsely claimed millions in revenue and tens of thousands in taxes owed.

Another defendant named by the DOJ is 77-year-old Felix Parker, who was arrested for allegedly making false statements and providing fraudulent documents, including fake tax returns, in January 2023.

Parker is believed to have received more than $2 million through a government-backed small business program, the DOJ stated.

Also arrested was 47-year-old Axsel Markaryan, who was accused of submitting fake documents to fraudulently secure more than $5 million in SBA loans in June 2023.

Prosecutors stated that Markaryan allegedly transferred at least $100,000 to a co-conspirator in Armenia just months after obtaining the loans.

Authorities also arrested Sarkis Gareginovich Sarkisyan, 37, who allegedly submitted a false application and false documents to obtain a loan through the Paycheck Protection Program, which provides low-interest, forgivable loans to help small businesses retain their staff and cover expenses during the pandemic. Sarkisyan allegedly received more than $700,000 from the program by creating a fake business.

“This transnational criminal network sought to defraud the government of millions of dollars and almost succeeded,” Homeland Security Investigations (HSI) Los Angeles acting special agent in charge John Pasciucco stated.

It remains unclear whether the defendants have been assigned legal representation as of publication.

Tyler Durden
Sun, 06/01/2025 – 17:30

Elon Musk: Bono Is A Retard

Elon Musk: Bono Is A Retard

Authored by Steve Watson via Modernity.news,

Outgoing DOGE overseer Elon Musk has hit back at claims made by U2 singer Bono that 300,000 people have “already died” because of cuts made to USAID.

Appearing on Joe Rogan’s podcast, the Irish singer declared “It’s not proven, but surveillance suggests 300,000 people have already died from this cut-off, this hard cut of USAID.”

The key phrase there being ‘it’s not proven’.

Bono added “So, there’s food rotting in boats and warehouses…This will f**k you off.”

“No American will be happy. There is 50,000 tons of food that are stored in Djibouti, South Africa, Dubai, and wait for it, Houston, Texas that is rotting,” he further claimed.

“The people who know the codes at the warehouses are fired, they’re gone,” the singer also suggested.

He then asked Rogan “What do you think? That’s not America, is it?”

Rogan responded with actual facts, noting “There have been a lot of organizations that have done a tremendous amount of good all throughout the world. Also, for sure, it was a money-laundering operation.”

“For sure, there was no oversight, for sure, billions of dollars were missing,” he continued, adding “In fact, trillions that are unaccounted for were sent off to (who knows) where, because there are no receipts.”

“The way Elon Musk described it, he said if any of this was done by a public company, the company would be delisted and the executives would be in prison. But in the United States, this is standard,” Rogan emphasised.

ZeroHedge notes that “Bono’s claim may be based on projections by Brooke Nichols, a mathematician and infectious disease professor at Boston University, who modeled an estimated 300,000 deaths, with over 200,000 of them being children. However, much like weather models, these projections are highly speculative and come with significant uncertainty.”

It’s just some academic spouting pure speculation based on nothing.

Elon Musk responded to the comments, calling Bono a liar, an idiot and a retard.

He’s definitely a complete idiot.

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Tyler Durden
Sun, 06/01/2025 – 16:55

Kremlin Prepared For All-Out Conflict With NATO: Institute For War

Kremlin Prepared For All-Out Conflict With NATO: Institute For War

The hawkish Washington DC-based think tank, The Institute for Study or War (ISW), had just prior to Ukraine’s Sunday shock drone operation which reportedly took out some 40 military aircraft deep inside Russian territory issued a report saying President Vladimir Putin is prepared for war with NATO if things escalate to that point.

A May 30 decree issued by Putin concerning the Russian defense industry base (DIB) would enable the government to legally take over military contractor firms if they do not abide by wartime martial law orders.

“Putin is likely setting legal conditions to allow the Russian government to commandeer elements of Russia’s economy and DIB should the Kremlin introduce full martial law in order to transition the country to a full wartime footing,” ISW wrote on UnderstandingWar.Org.

“ISW continues to assess that the Kremlin is preparing Russian society and economy for a protracted war in Ukraine, indicating that Russia is not interested in engaging in good faith negotiations to reach a diplomatic settlement to its war in Ukraine.”

Certainly Sunday just brought the world a big step closer to witnessing potential all-out war in Eastern Europe, given the Zelensky-ordered drone swarm attacks are already being called ‘Russia’s Pearl Harbor’.

“The Kremlin is continuing efforts to prepare Russian society and the Russian defense industry base (DIB) for a protracted war with Ukraine and potential future war with NATO,” ISW concluded. “Russian President Vladimir Putin signed a decree on May 30 allowing the Russian government to revoke the rights of shareholders of defense industrial enterprises in the event that the enterprise fails to fulfill state defense orders during martial law.”

“The decree enables the Russian Ministry of Industry and Trade to appoint a management company to act as the sole executive body of the enterprise in order to fulfill contractual obligations to the Russian government,” the study says.

And it applies to “civilian aviation and shipbuilding companies, military development and production companies, and government subcontractors.”

Sunday’s major attack on Russian airbases may only serve to accelerate a possible Kremlin move toward martial law and formal declaration of all-out war in Ukraine.

Despite Kiev and Ukraine supporters praising the effectiveness of Sunday’s operation, the reality is that instead of translating into strategic battlefield gains, this only pokes the bear in a major way. Unverified reports say that ballistic missiles at silos across Russia are being readied.

We are likely to see Kiev soon get pummeled once again along with places like Odessa which have been for the most part sparred utter destruction thus far in the war.

Russia will likely ramp up attacks on ‘command centers’ throughout Ukraine, including those believed staffed by foreign advisers and officials. A big question for the Kremlin will be whether Western intelligence helped in Sunday’s attacks, which saw several Russian long-range bombers destroyed. Another question that remains is: will Monday’s peace talks in Istanbul still proceed at this point? There’s little doubt that Putin is readying a massive, painful retaliatory attack on Ukraine.

Tyler Durden
Sun, 06/01/2025 – 15:10