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Escape Biden-flation Storm With A Walmart Tiny Home

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Escape Biden-flation Storm With A Walmart Tiny Home

Housing affordability in the United States under the Biden-Harris administration has hit a generational low. After all, WEF’s slogan of ‘owning nothing and being happy’ has become an alarming reality for millions of Americans in the last 3.5 years.

To counter this hellscape that Democrats have created through the worst inflation storm since the 1970s, folks stuck in the doom loop of renting in dangerous big cities should find a plot of land in rural America. Next, find a tiny home. 

We’ve discussed this for years: as the standard of living implodes in the US, the size of homes will shrink. Television shows have popularized tiny homes in recent years, and big-box retailers have been selling them (Home Depot).

Walmart is the latest retailer selling tiny homes. It now offers a 19-by-20-foot “expandable prefab house” delivered by flatbed truck for $15,900.

It looks almost like a double-wide mobile home from the Canadian mockumentary television sitcom ‘Trailer Park Boys.’ 

For $21,888, Walmart is offering a towable tiny home. 

Next, browse Zillow for land lots in rural America. A simple search in Terra Alta, West Virginia, shows numerous lots with multiple acres for dirt cheap.

Why go this route? Well, it’s cheaper than trying to afford the most basic home. Also, grow your own food and source locally, breaking away from the processed food industrial complex.

According to data compiled by the National Association of Realtors, the average household income to buy a home now requires over $100k. 

Infographic: Majority of Americans Can No Longer Afford an Average House | Statista

Housing affordability has collapsed to record lows under Biden-Harris…

Power hookups and wells are extra costs. Plus, for remote workers, connecting to the internet is as easy as using a Starlink terminal.

Tyler Durden
Tue, 10/22/2024 – 22:10

Health Care Is Complicated

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Health Care Is Complicated

Authored by Jerry Rogers via RealClearHealth,

The American healthcare system is not really one system. No, health care in the U.S. is comprised of several systems – Medicare, Medicaid, TRICARE, private insurance as well as myriad state and local healthcare programs. What’s more, patients have access to charity care programs and patient assistant programs. For instance, pharmaceutical manufacturers sponsor patient assistance programs (PAPs) that provide financial assistance or free product (through in-kind product donations) to low-income individuals to augment any existing prescription drug coverage.

So, when you hear a politician talking about quick fixes to lower the cost of medicine, usher in a single-payer system like ‘Medicare-for-All’, or bring about an immediate free-market revolution to health care, it’s not true. There are no easy reforms or singular solutions that will impact all the layers and complications of providing greater access to health care at lower costs.

Healthcare reform requires numerous transformations that will take time, and the willingness of both the public and private sectors to evolve. The one truth about American health care is that it’s a complete mess.

The current health care environment demands an ‘all-of-the-above’ approach – more private-sector competition, health insurance flexibility, greater price transparency, and myriad other reforms. For instance, what are Alternative Funding Programs (AFPs) and how do they deliver medical coverage to patients?

Businesses are desperate to remain competitive – our economy has been shattered by historic inflation, unprecedented supply-chain shortages, high interest rates, and low-cost foreign competition. AFPs could help small businesses in their efforts to stay open – and thrive. AFPs help companies reduce their health care costs by ‘offloading’ the health expenses of certain specialty medications. AFPs can do this by exploiting the pharmaceutical industry’s charitable giving – the patient assistant programs. Very simply put, AFPs help employers lower their pharmacy benefit costs. Alternative Payment Programs advocate for patients by navigating the complicated healthcare landscape of PAPS to find solutions where employer-sponsored health plans fall short.

Millions of Americans are underinsured – they might have some form of group health plan coverage, but that coverage doesn’t adequately address their medical costs – the specialty medicines they need. Specialty drugs are high-cost prescription medications used by patients with serious, complex illnesses – for instance, patients with cancer, arthritis or MS. AFPs fill the insurance gap for the underinsured patient – an insurance gap that if not addressed leaves patients vulnerable to both serious illnesses and financial ruin.

AFPs can help patients lacking traditional insurance; specifically, patients who are in self-funded plans that do not provide coverage for high-cost prescription medications needed to treat chronic conditions – i.e., specialty medicines. AFPs serve patients who can’t afford treatment, and patients who lack the financial means to pay for the medication out-of-pocket.

AFPs are a growing presence impacting our healthcare systems, and their business model is provocative. The pharmaceutical industry points to how AFPs are designed to take advantage of manufacturer-sponsored PAPs, primarily for high-cost specialty medications. AFPs work by carving out specialty medicines and then using patients’ insurance status to enroll them in a manufacturer PAP. The results are health plans and employers benefit from these services by saving money on prescriptions.

In a recent conversation with Paydhealth’s David A. Galardi (Chief Commercial Office), he described his company’s vocation with an actual client’s circumstance:

‘In a large school district, an employee under a group health plan needed three costly specialty medications. Without intervention, the district would have faced nearly $650,000 in annual costs. PaydHealth stepped in, reviewed the case, identified forms of assistance the individual was eligible for, and helped secure free assistance for the employee within 72 hours. This not only preserved access to the prescribed therapy but also saved the public sector employer from bearing the high costs while ensuring the patient received the necessary treatment.’

AFPs are a part of the healthcare ether. Paydhealth’s website puts it this way: We are ‘changing the funding of specialty healthcare to re-imagine the possibilities of bringing real savings to the purchaser of health care’ – the patient

Specialty medications account for 51% of total pharmacy spending though they are used by less than 2% of the population. Policymakers should be looking at solutions to get the right medicine to the right patient at the right time – and at the right cost. Let’s have that public discussion so patients see greater access to the medicines and treatments they need.

AFPs, like Paydhealth, could be part of the health care fix patients deserve – addressing real problems in the healthcare space.

Jerry Rogers is editor at RealClearPolicy and RealClearHealth. He hosts ‘The Jerry Rogers Show’ on WBAL NewsRadio 1090/FM 101.5 and the Federal Newswire’s ‘The Business of America’. Follow him on Twitter @JerryRogersShow.

Tyler Durden
Tue, 10/22/2024 – 21:45

India’s Modi Urges Quick ‘Peaceful’ End To Ukraine War In Meeting With Putin

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India’s Modi Urges Quick ‘Peaceful’ End To Ukraine War In Meeting With Putin

On the first day of the annual BRICS summit held in Kazan, Russia – Indian Prime Minister Narendra Modi issued a call for the war in Ukraine to be resolved peacefully and “quickly”.

This is the message he conveyed directly Russian President Vladimir Putin upon the start of the three-day gathering. Putin hopes to present the BRICS alliance as the main alternative to Western hegemony.

“We have been in constant touch over the conflict between Russia and Ukraine,” Modi told Putin, just after the two once again shared a warm embrace. “We believe that disputes should only be resolved peacefully. We totally support efforts to quickly restore peace and stability,” Modi emphasized. Russia looks anything but “isolated” during this week of hosting major heads of state.

Source: ANI

“All our efforts give priority to humanity. India is ready to provide all possible cooperation in the times to come,” the prime minister added.

Modi had recounted upon arriving in Kazan the night prior – and as a way to highlight steady relations with Moscow despite the more than two-year long Ukraine war – that this is his second visit to Russia in just three months.

“My two visits to Russia in the last three months reflect our close coordination and deep friendship. Our Annual Summit in Moscow in July has strengthened our cooperation in every field…In 15 years, the BRICS has created its special identity and now many countries of the world want to join it. I am looking forward to participating in the BRICS Summit tomorrow,” Modi said.

Putin responded positively by describing that “Russian-Indian relations have the character of a particularly privileged strategic partnership and continue to actively develop.”

Modi and Putin laugh at a joke by the Russian president…

Other BRICS partners are likely to repeat this call for peace and de-escalation in Ukraine. Around two dozen global leaders in the Russian city, notably including Chinese leader Xi Jinping, Turkish President Recep Tayyip Erdogan, South African President Cyril Ramaphosa, Iranian President Masoud Pezeshkian, and UN Secretary-General Antonio Guterres.

Russian state sources are hailing Russia playing host to the summit:

By hosting BRICS Summit in Kazan, Russia “shows the West that it’s not isolated” and President Vladimir Putin “is no pariah,” Time Magazine reported on Tuesday.

According to Alicia Garcia-Herrero, a senior research fellow at the Bruegel think tank who spoke to the outlet, BRICS “expansion is a clear sign that the global balance of power is shifting.”

Top of the agenda toward this end will be discussion of and the further advancing of a BRICS-led payment system to rival the SWIFT international payment system, which President Putin has long talked about.

The conflicts breaking out in the Middle East will also be a prime topic, given Israel is still vowing to strike back at Iran for the Oct.1st ballistic missile attack, and as Lebanon comes under increasing bombardment by Israeli jets.

Tyler Durden
Tue, 10/22/2024 – 21:20

The Rise Of The Humble

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The Rise Of The Humble

Authored by Jeffrey A. Tucker via The Epoch Times (emphasis ours),

I’m part of a supper club that meets monthly. It was founded at the height of the lockdowns when everyone was being forced into masks and being muscled into getting the shot. This group resisted both, despite the imposing certainty of the mandates.

Timur Mustakimov plays on Future Stars Concert at Kaufman Music Center in Manhattan on Nov. 2, 2022. Wolfgang Lian/The Epoch Times

All these years later, the community is still bonded. Friendships formed and lasted. The culture is one of deep questioning. Each meeting is replete with incredulity toward official pronouncement, a shared perception that elite opinion and elite institutions were simply wrong. And not just about COVID but about everything.

It’s not a political group at all. Its central theme concerns the failure of conventional wisdom and all the ways in which legacy institutions preached error over several years. These days, as all polls have revealed, this view is widely held. Many of the most pressing trends of our time are about dislodging an old elite (in media, corporate life, government) and replacing them with people interested in new ways.

I’ve noticed a common feature among many of the rising stars that are displacing the falling stars of the old elites. They are much more humble about what they know and what they do not know. They are happy to admit it. The days of “I am the science” and “We are your source of truth” seem to be ending. The guru scientist and soothsaying academic have fallen from their perches of influence.

Replacing them is a new generation of thinkers who are happy to admit what they do not know. The other day, for example, Tucker Carlson said he often feels what is called imposter syndrome. This is the belief that every achievement is really just a lucky break, a sneaky feeling that we have temporarily pulled the wool over people’s eyes.

It’s a humble admission, one we should all appreciate. It’s a common feeling among anyone commonly described as a genius. Even Elon Musk must feel this. Ironically, the person who believes that the moniker of genius is unjust is the person most likely to deserve it.

The problem of constantly deciding whether we are great or terrible at what we do, toying with the belief that we are geniuses just before worrying that we will be exposed as frauds, is just part of life and a real sign of humility.

A good example comes from an account of a man who competed as a pianist in the amateur Van Cliburn contest in the 1990s:

“I haven’t felt this nervous before any recital and tell myself that I should be confident, having already made it through the previous rounds. But I can’t shake the fear that I’m a fraud who lucked into the finals while all the other finalists are pros, even if they’re called amateurs. An extra degree of scrutiny directed at me is attributable to the conspicuous nature of my profession [journalist], which is no consolation at the moment. Reverse psychology—I’m not a fraud, I’m a star—doesn’t help, either. Star, fraud—the only thing I conclude is that I should be focusing on the music.”

That article appeared in 1999, and the passage above is the one that stood out to me. It signifies that search that all of us make to define a sense of precisely who we are based on our skill level and, in turn, what to expect from others in their treatment of us. Mostly, however, it works in the opposite direction. We extract information from what others around us say about us and infuse that sense into our self-perceptions.

From little league baseball through one’s school years and all the way to professional life, the following happens to everyone. You do something amazing, and everyone sings your praises. But now you have a new problem: expectations are newly high for your performance. This is especially true if you have won or received a promotion or raise: Now you have to get out there and kill it every time, else you will be seen as undeserving.

There’s an added problem to being perceived as a genius. Others will want to tear you down and revel in your fall. Envy is the most hidden, but most deeply dangerous of the deadly sins. Those who envy victims are almost always surprised because they were expecting their achievement to be followed by accolades and promotion, not resentment and nefarious plots. But the only way to avoid envy is intolerable: never be excellent.

Elon faces this daily of course. But so do insurgent political candidates and newly popular media figures. The forces trying to tear them down are everywhere.

In poor societies, this is the common and tragic response. It’s also a feature of declining societies in which ever more people have money, power, and influence who have done nothing to merit either. They owe their status to legacy and inertia, and cling to it against all winds of change.

Today such entrenched elites exist in all sectors: the corporate world, government, academia, media, politics, nonprofits, and more. Everyone has encountered them. They are everywhere. There is a word to describe them: fakers.

The number one fear of a faker is being found out, so every day is spent in scheming and plotting to prevent that. This is why fakers surround themselves with people who are willing to be complicit in the coverup of incompetence, i.e., “Yes men” whose main skill is nodding in agreement. For this reason, fakers breed other fakers and promote them to flood the zone of fakes in hopes of hiding for longer.

They all develop what today is being called “testy” personalities which they deploy as tactics of intimidation, always with this habit of resenting anyone who questions their words and judgment. They are prickly because they have a grim truth to hide always: namely that they have not merited their status, title, power, or income, and possess a fraction of the abilities of the people over whom they rule.

In the corporate world, they love calling staff meetings because fakers have learned the art of time-killing blather to cover up for their fundamental incompetence. They have nothing better to do so they call many and make them last as long as possible.

Fakers loathe competence and punish it. They drip poison in people’s ears to stop the social and professional advancement of their betters. They drive out those with skill in an effort to avoid being shown up. In doing so, they are a source of quiet chaos all around them.

There is really no cure for this problem. Once a professional is promoted beyond his or her competence—due to family connections, personal relationships, identity visuals, indulging and exploiting undeserved credit and praise, or whatever—there is no going back. The only possible solution, and it is ultimately a compassionate one, is full professional termination. This is because they cannot be dialed back lest they seethe with resentment and plot retribution.

Of course that solution requires competent leadership in a position to make hard decisions, which is precisely what the fakers are working to prevent.

In the credit-soaked, bloated, and credential-obsessed economic structures of the 21st century, fakers are everywhere. They demoralize competent employees, demotivate hard work and improvement, foment distrust within and without, and ultimately wreck and discredit whole institutions.

The imposter syndrome, in contrast, is something felt by every truly competent person. To some extent, all reputations of geniuses are exaggerated. Despite the high reputations of the Wright Brothers, Alexander Graham Bell, and Eli Whitney, there is in fact an ongoing dispute about who was first in flight, who invented the telephone, and whether the cotton gin was actually improved much at all by Whitney’s machine.

Historians of invention have yet to discover any innovations that were genuinely the product of a single mind. What we find again and again is the phenomenon of Multiple Discovery, with many people competing for the title of the first. It is for this reason that Nobel Prizes are increasingly given to teams of researchers. It seems more accurate to say that genius is in the air and perceived by many different people in different places, even if they have never had contact with each other.

F.A. Hayek showed that the highest forms of intelligence do not live so much in individuals’ minds but in social processes and institutions that no single human mind can fully conceptualize. The result is an order that no man can accurately comprehend or describe, much less design. This is precisely the core of his defense of freedom in speech and action: we need this process to be adaptable to become ever smarter and more reflective of a multitude of intelligences that emerge from human action.

Where does that leave us as individuals? All we can hope to do is precisely what the pianist quoted above says: “I should be focusing on the music.” That is to say, do the best we can on the task in which we are engaged. You will have moments of genius and moments of failure, sometimes home runs and sometimes strikeouts, good performances and bad. Knowing this is neither a complex nor a syndrome; it is the stuff of life.

It is perfectly normal to worry that the plaudits one receives are not truly merited. The most successful musicians I’ve known are not the best; it’s just that they work harder to become successful. It’s the same with writers, scientists, engineers, or entrepreneurs. They are great because they focus on constant improvement.

The “natural talents” among us rarely blossom because they don’t have to work at it. At the same time, seeming disabilities become abilities because they motivate us to overcome them.

History will surely record that elite arrogance over the last four years has proven to be their undoing. In contrast, we might be watching the rise of a new generation of leaders in many fields who approach their craft with a different ethos: the humility to recognize one’s limits, a dedication to authenticity, and a passion for genuine excellence in the service of others. We can hope.

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

Tyler Durden
Tue, 10/22/2024 – 20:55

IRS Unveils New Federal Income Tax Brackets For 2025

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IRS Unveils New Federal Income Tax Brackets For 2025

The IRS on Oct. 22 unveiled the new federal income tax brackets for 2025.

As The Epoch Times’ Zachary Stieber reports, each bracket was changed, including the top one.

Single taxpayers making more than $636,350, or couples making more than $751,600, will be subject to a 37 percent tax rate.

That’s up from $609,350, and $731,200, respectively.

Here are the other new brackets, with the old income threshold in parentheses:

  • 35 percent tax for singles making more than $250,525 ($243,725) and married couples making more than $501,050 ($487,450)

  • 32 percent tax for singles making more than $197,300 ($191,950) and married couples making more than $394,600 ($383,900)

  • 24 percent tax for singles making more than $103,350 ($100,525) and married couples making more than $206,700 $201,050()

  • 22 percent tax for singles with incomes over $48,475 ($47,150) and married couples making more than $96,950 ($94,300)

  • 12 percent tax for singles with incomes over $11,925 ($11,600) and married couples making more than $23,850 ($23,200)

  • 10 percent tax for singles with incomes of $11,925 or less ($11,600 or less) and married couples making $23,850 or less ($23,200 or less)

The IRS also said it is increasing the standard deduction for individuals by $400 to $15,000, and for married couples by $800 to $30,000.

Tyler Durden
Tue, 10/22/2024 – 20:30

Michigan Voter Rolls Claim 8.4M Voters, When There Are Less Than 8M Eligible Residents

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Michigan Voter Rolls Claim 8.4M Voters, When There Are Less Than 8M Eligible Residents

Authored by Eric Lendrum via American Greatness,

The voter rolls in Michigan claim that there are 8.4 million people registered to vote in the crucial swing state, even though the state’s total population is almost half a million less than that.

According to the Daily Wire, the state of Michigan had previously been sued by the Republican National Committee (RNC) over the extremely inflated voter rolls, and other concerns regarding election integrity.

But Secretary of State Jocelyn Benson (D-Mich.) dismissed such concerns in a statement on Wednesday, claiming with no evidence that these lawsuits “lay the groundwork to overturn the results of the election if they don’t like them.”

“The RNC and its members are concerned that Defendants’ failure to comply with the NVRA’s voter-list maintenance obligations undermines the integrity of elections by increasing the opportunity for ineligible voters or voters intent on fraud to cast ballots,” the RNC’s lawsuit states.

A spokeswoman for Benson’s office, Angela Benander, even admitted that there are at least 606,800 inactive voters currently on the rolls, but they will not be purged until 2027. Voters who become ineligible include those who have moved to another state, those who have mail returned from their address as “undeliverable,” and voters who do not vote in two or more consecutive federal elections.

“The RNC relies on registration lists to estimate voter turnout, which informs the number of staff the RNC needs in a given jurisdiction, the number of volunteers needed to contact voters, and how much the RNC will spend on paid voter contacts,” the RNC’s lawsuit continued.

“If voter registration lists include names of voters who should no longer be on the list, the RNC may spend more resources on mailers, knocking on doors, and otherwise trying to contact voters, or it may misallocate its scarce resources among different jurisdictions.”

In total, 78 of Michigan’s 83 counties appear to have more registered voters than residents of voting age.

The largest county in the state, Wayne County – where the city of Detroit is located – has only 1.3 million residents of voting age, but 1.4 million registered voters, according to data from the U.S. Census.

Another example is Genessee County, with 351,000 registered voters but less than 300,000 residents.

Tyler Durden
Tue, 10/22/2024 – 19:15

Polaris Warns “Challenging Retail Demand” For ATVs & Jetskis

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Polaris Warns “Challenging Retail Demand” For ATVs & Jetskis

Polaris shares fell in premarket trading after the company, known for selling ATVs, UTVs, jet skis, and snowmobiles, posted disappointing third-quarter earnings. The company also cut its full-year earnings per share and sales forecast, citing sagging demand for outdoor vehicles due to elevated interest rates. 

“As consumer confidence and retail demand remain challenging, we have maintained our focus on managing dealer inventory and delivering better operational efficiency,” Polaris CEO Mike Speetzen wrote in a press release. 

Polaris reported sales of $1.72 billion, down 23% YoY, missing the Bloomberg estimate of $1.77 billion. Sales were down modestly in off-road vehicles, motorcycles, and pontoons. 

Here’s a snapshot of third-quarter earnings (courtesy of Bloomberg):  

  • Sales $1.72 billion, -23% y/y, estimate $1.77 billion (Bloomberg Consensus)

  • Off Road sales $1.40 billion, -24% y/y, estimate $1.41 billion

  • On Road sales $236.5 million, -13% y/y, estimate $241.6 million

  • Marine sales $85.9 million, -36% y/y, estimate $133.7 million

  • Gross profit margin 20.6% vs. 22.6% y/y, estimate 21%

  • Cash and cash equivalents $291.3 million, -1.4% y/y, estimate $337.8 millio

  • Adjusted EPS from continuing operations 73c, estimate 89c

Visualizing Polaris’ quarterly revenues… The cheap money era of Covid, plus folks moving out of cities to resort towns and or just rural America, sparked a massive demand for outdoor vehicles. As the Federal Reserve tightened monetary policy, which sent interest rates to the moon, affordability for these outdoor grown-up toys worsened, thus curbing demand.

As a result of a challenging market, one in which high interest rates have curbed consumer spending on jetskis, RZRs, and snowmobiles, Polaris had to lower its full-year earnings per share and sales guidance:

  • Sees adjusted EPS -65%, saw -56% to -62%

  • Sees sales -20%, saw -17% to -20%

Polaris explained more about its reasoning behind lowering its 2024 business outlook:

The company updated its 2024 sales outlook to be down approximately 20 percent relative to 2023 versus its previous outlook of down 17 to 20 percent relative to 2023. The company now expects adjusted diluted EPS attributed to Polaris Inc. common shareholders to be down approximately 65 percent relative to 2023 versus the prior outlook of down 56 to 62 percent.

In markets, Polaris shares in New York are down 7%. On the year, shares are down 15% (as of Monday’s close). Shares are hovering at levels last seen since right before the Covid crash. 

Also, watch MasterCraft Boat, MarineMax, Camping World, Brunswick, and Malibu Boats. 

Polaris is a proxy of consumer health. Certainly, high interest rates and elevated inflation have crimped demand for ATVs, UTVs, and jet skis. The broad theme here is that a consumer slowdown continues to worsen. 

Tyler Durden
Tue, 10/22/2024 – 18:50

‘Central Park Five’ Sue Trump Over Debate Remarks

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‘Central Park Five’ Sue Trump Over Debate Remarks

Authored by Zachary Stieber via The Epoch Times,

Five men cleared of rape charges sued former President Donald Trump on Oct. 21, arguing he defamed them with comments he made at a recent presidential debate.

Trump said during the September debate with Vice President Kamala Harris that the so-called Central Park Five “pled guilty” and that they “badly hurt a person” and “killed a person, ultimately.”

The new suit, filed in federal court in Pennsylvania, states that those remarks are defamatory because the five men were never accused of nor convicted of killing anyone.

The plaintiffs say Trump made the comments negligently, either with the knowledge that they were false or with reckless disregard as to their falsity.

“Defendant Trump’s conduct at the September 10 debate was extreme and outrageous, and it was intended to cause severe emotional distress to Plaintiffs,” the suit states.

Juries in 1990 convicted Yusef Salaam, Raymond Santana, Kevin Richardson, Antron Brown, and Korey Wise of rape and other charges. They had pleaded not guilty, after they admitted to participating in a night of criminal activity, including assault and robbery, in Central Park on April 19, 1989.

Some of the then-teenagers said they had assaulted or sexually touched a jogger Trisha Meili and implicated others in raping her.

The five, two weeks after their confessions, had recanted their statements, saying that they were allegedly coerced by police into giving false confessions in the case.

Matias Reyes, a convicted rapist, a decade later confessed to raping Meili on the evening of April 19.

Investigators confirmed the details offered by Reyes.

Prosecutors told a state court the convictions against the five males should be vacated, because their confessions linking the five to related crimes were obtained under duress after hours of questioning and without the presence of their guardians or legal counsel.

A judge in 2002 vacated the five men’s convictions based on the newly discovered evidence.

A New York Police Department report later concluded that while DNA and other evidence supported Reyes’s story, there was “nothing but his uncorroborated word that he did so alone.” It said that the men “more likely than not” took part in Reyes’s assault of Meili.

“The new DNA evidence … does not assist in determining whether the defendants were present during the attack on the jogger,” it said.

Trump, who paid for an advertisement in 1989 calling for the five to be put to death, was responding during the debate after Harris highlighted his involvement with the case.

“This is the same individual who took out a full-page ad in The New York Times calling for the execution of five young Black and Latino boys who were innocent, the Central Park Five,” she said.

Trump then offered his response and said that Harris “has to stretch back years, 40, 50 years ago because there’s nothing now.”

In 2019, when asked if he would apologize to the five men, Trump told reporters that “They admitted their guilt.”

Steven Cheung, a spokesman for Trump’s campaign, told news outlets that the filing “is just another frivolous election interference lawsuit filed by desperate left-wing activists in an attempt to distract the American people from Kamala Harris’s dangerously liberal agenda and failing campaign.”

Tyler Durden
Tue, 10/22/2024 – 18:25

McWeaponized: CDC Unveils E.coli Outbreak In Quarter-Pounders, Day After Trump Photo-Op

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McWeaponized: CDC Unveils E.coli Outbreak In Quarter-Pounders, Day After Trump Photo-Op

There’s no such thing as coincidence in Washington…

A day after former President Trump ventured into a McDonalds during a campaign stop, cooked some fries, and handed out some food to more-than-happy customers in a photo-op that went very viral (in a good way), the CDC issued a statement announcing an E. coli outbreak linked to McDonald’s Quarter Pounders has left one person dead and caused 10 hospitalizations.

There are 49 cases across 10 states, with most illneses in Colorado and Nebraska (not where president Trump was)…

“This is a fast-moving outbreak investigation. Most sick people are reporting eating Quarter Pounder hamburgers from McDonald’s and investigators are working quickly to confirm which food ingredient is contaminated,” the CDC’s alert said.

“McDonald’s has pulled ingredients for these burgers, and they won’t be available for sale in some states,” the CDC said.

“McDonald’s reported to CDC that it has stopped using fresh slivered onions and quarter pound beef patties in several states,” the CDC said.

The announcement of the outbreak sent MCD shares down 10% in the after-market (before bouncing back a little)…

The timing of the sudden share-price-crushing contagion comes after McDonald’s corporate office dared to actually accept and welcome ‘hitler, stalin, and mussolini’ into their fast-food joint.

In an email to employees that was seen by The Epoch Times, the company said that its “brand has been a fixture of conversation this election cycle” and that “we’ve not sought this” but is a “testament to how much McDonald’s resonates with so many Americans.”

“McDonald’s does not endorse candidates for elected office and that remains true in this race for the next President,” McDonald’s said in the statement, dated Oct. 21. “We are not red or blue—we are golden.”

The company said that Trump’s visit to a Pennsylvania McDonald’s location was handled locally by a franchise operator.

“Upon learning of the former President’s request, we approached it through the lens of one of our core values: we open our doors to everyone,” the company said.

And, in case you thought we over-reached here, this is how the New York Times decide to cover this Trump photo-op…

Yes, that is right – they allegedly asked MCD employees if Trump did a good job!?

When it was time to bag the order, he asked a woman at the drive-through what they did when a customer wanted more salt.

“I love salt,” he said, as he shook some onto golden potatoes.

Then, after spilling some, he paused to throw some over his shoulder in a nod to superstition, a seconds-long gesture that would have most likely been unappreciated by efficiency-loving managers had Mr. Trump been any other employee.

And remember, Kamala worked there too… according to a friend…

Finally, nothing would shock us more than if Jack Smith stepped in to probe Trump’s cleanliness…

McWeaponized!!

Tyler Durden
Tue, 10/22/2024 – 18:00

Mexico Escalates Its War On Obesity By Declaring National Ban On Junk Food Sales In Schools

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Mexico Escalates Its War On Obesity By Declaring National Ban On Junk Food Sales In Schools

Authored by Nick Corbishley via Naked Capitalism,

Mexico is the leading consumer of soft drinks in the world with an average consumption of 163 litres per person per year – 40% more than the US in second place. Child and adult obesity are off the charts. 

Yesterday (Oct. 21), while Donald Trump was causing a stir by donning a McDonald’s uniform for the cameras and frying some fries, Mexico’s new Secretary of Public Education, Mario Delgado, announced the launch of a new nationwide program that is unlikely to be replicated north of the border any time soon. The goal of the program, titled “Vida Saludable” (Healthy Life), is to improve the nutrition and overall health of Mexican school children amid an epidemic of child obesity and diabetes.

The program, enacted by the now-former AMLO administration on September 29, has four main pillars: prevent the sale of ultra-processed food and sugary drinks in school settings; promote the consumption of natural drinking water through the provision of water fountains; train educators in healthy nutrition; and promote sports and physical activity. The Claudia Sheinbaum government, still in its maiden month in office, has said it will also train the heads of school cooperatives to sell fruits, vegetables and seasonal foods.

A Six-Month Deadline

“Vida Saludable” will become mandatory for all state schools at all levels of the national education system on March 29. Schools will have just six months to end all sales of foods and drinks that have at least one health warning label from their snack stands, or their administrators could face steep fines.

Of course, many children bring food from home, but the government says it has no intention of sanctioning parents who put junk food in their children’s lunchboxes. Instead, it will focus on explaining the harmful effects of these foods and the importance of eating a balanced diet.

Implementing “Vida Saludable” is likely to be difficult, however. At most of Mexico’s 255,000 public schools, free drinking water is not available to students. Since 2020, only 4% of them have managed to install drinking fountains. There are also doubts about how the government will enforce the ban on the pavements outside schools, where vendors set up stalls of goods to sell to kids at breaktime. This being Mexico, one can expect a lively black market in comida chattara to spring up in many schools. Enterprising students will no doubt get rich.

Nonetheless, drastic steps are necessary to combat Mexico’s soaring levels of child obesity and diabetes. An estimated 5.7 Mexican million children between the ages of 5 and 11 and 10.4 million adolescents between the ages of 12 and 19 are overweight or obese. In addition, an estimated 7 out of 10 schoolchildren and 5 out of 10 adolescents are physically inactive, which further aggravates the country’s public health crisis.

Mexico’s secretary of education blames these trends on the “high consumption of sugars”, the lack of physical activity and the food policies of previous governments, driven primarily by the profit-maximising needs of the food industry:

“In the neoliberal era they were not concerned about this situation — on the contrary, the sale of these products was promoted and there were even campaigns against hunger promoted by the companies that produce these junk foods. The neoliberal model turned rights such as education, health and food into merchandise.”

The Role of NAFTA

In Mexico, obesity reached epidemic proportions after it joined NAFTA with the United States and Canada in the early 1990s, making processed food more easily available. As the New York Times reported in a 2017 investigation, the commercial opening of North America turbocharged the growth of convenience stores and US-owned fast food restaurants on Mexican soil. In addition, trade liberalisation allowed “cheap corn, meat, high-fructose corn syrup, and processed foods” from the United States to flood into Mexico.

Diets quickly changed as many people, particularly those on lower incomes, replaced largely healthy traditional staples (corn tortilla, frijoles, Jamaica Water…) with highly processed alternatives (hotdogs, nuggets, sodas…). Granted, prior to NAFTA Mexico was already home to a burgeoning junk food industry, but what came after was on a whole different scale.

Mexico is now the leading consumer of soft drinks in the world with an average consumption of 163 litres per person per year — 40% more than the US in second place, with 118 litres, according to a 2022 study from the University of Yale. Incredibly, there is one state in the country that consumes Coca Cola in per-capita volumes five times higher than the national average and 32 times higher than the global average: Chiapas, Mexico’s poorest state.

“It is the epicentre of the epidemic of soft drink consumption,” Dr. Marcos Arana, a researcher at the Salvador Zubirán National Institute of Medical Sciences and Nutrition, told BBC Mundo:

Soft drinks are already an essential part of daily life in this state, especially in the Los Altos region of Chiapas, where the majority of its population is indigenous and rural…

“The availability and advertising of something so cheap is so great and omnipresent in Chiapas in the face of vulnerable populations that they have created an addiction that is seen as a necessity,” Arana says.

“Residents told me that before the road to Tenejapa arrived, there was no diabetes or cardiovascular problems there. That all began when the road arrived in town and the soft drinks, the chips…”, says Jaime Page Pliego, anthropologist and co-author of the study.

Local organizations such as the Centre for Training in Ecology and Health for Peasants (CCESC), which Arana directs, point to the “aggressive” commercial practices of soft drink companies and the easy accessibility of their products in the area as the main drivers of this excessive consumption.

“Coca-Cola is the most available product in Los Altos, you have to walk the farther to buy tortillas or anything else. The number of points of sale is excessive, without any control, and with prices reduced by up to 30%,” says Arana.

As sugar consumption in Mexico has soared, waistlines have exploded. In the past 20 years the number of obese and overweight people has tripled, with a staggering 75% of the population and 35% of the child population now overweight. In addition to obesity, the change in diet has contributed to diabetes becoming the second leading cause of death, after heart disease and ahead of cancer. In 2016, a state of epidemiological emergency was declared in the country due to the high rates of obesity and diabetes.

Food Labelling, Bans on Cartoon Food Packaging…

“Vida Saludable” is not the first step Mexico’s government has taken to try to improve Mexicans’ food habits. In October 2020, at the height of the COVID-19 pandemic, the AMLO government passed one of the strictest food labelling laws on the planet. From that date, all soft drinks cans and bottles, bags of chips and other processed food packages must bear black octagonal labels warning of “EXCESS SUGAR”, “EXCESS CALORIES”, “EXCESS SODIUM”  or “EXCESS TRANS FATS” — all in big bold letters that are impossible to miss.

Today, more than half of Mexican food and beverage products have a nutritional warning label — more than any other country in Latin America. The government also banned cartoon food packaging aimed at children.

Big Food lobbies tried to block both of these measures, of course — just as they will no doubt try to block “Vida Saludable”. The Interamerican Association for the Protection of Intellectual Property and the Mexican Association for the Protection of Intellectual Property complained that food labelling was unconstitutional and violated the provisions that Mexico had signed at the international level such as the North American Free Trade Agreement — a tactic that has apparently been used in other jurisdictions where food labelling laws have been passed.

For almost four years the lawsuits dragged on. Of the more than 100 injunctions filed by companies like Coca-Cola Femsa, PepsiCo, Group Bimbo, Hershey’s, Santa Clara, Herdez, Alimentos del Fuerte, Nutrisa and McCormick, three reached the second chamber of the Supreme Court of Justice of the Nation (SCJN), which, to its credit, ruled – by unanimous vote – that front-of-pack labelling for food and non-alcoholic beverages is a valid measure that protects people’s health and consumers’ right to information.

The first country in Latin America to really begin tackling the public’s addiction to junk food, sugary drinks and ultra processed foods was Chile. In 2016, it passed a strict food labelling law. Like Mexico, it has also also limited cartoon food packaging, prevented schools from selling unhealthy foods, restricted TV adverts, and banned promotional toys. Over the next two years, sugary drink sales in Chile fell by 23%. According to one study, the labels reduced the likelihood of people choosing sugary breakfast cereals by 11% and sugary juices by almost 24%.

As I wrote in 2020 for WOLF STREET, it was one of the worst possible nightmares for the junk food industry. The fact that Chile, with its population of around 20 million people, was doing it was bad enough. The prospect of something similar transpiring in Mexico, a country with a population almost seven times larger than Chile and that consumes more processed food than any other country in Latin America and more soda on a per-capita basis than any country on the planet, unnerved global food and beverage companies:

The United States, EU, Canada and Switzerland, home to some of the world’s biggest food companies, tried to pause or derail the new legislation. But to no avail. The arrival of Covid-19, which has proven to be particularly lethal to people with three comorbidities — obesity, diabetes, and hypertension — has strengthened the government’s case and resolve.

The [government’s labelling laws] have raised concerns that [it] is overstepping its bounds. The business lobby group Coparmex said that banning the sale of junk food and sugary drinks to minors represents a frontal attack on commercial freedom and freedom of choice. It will also have serious economic consequences for businesses in the retail sector. But those consequences are dwarfed by the economic and health impact of widespread obesity.

Since 2020, many other countries in Latin America have introduced strict front-of-package food labelling laws, including Brazil, Argentina, Peru and Colombia. According to the Mexican online news website Sin Embargo, the labelling legislation in Mexico has had two main visible effects: the first is the reformulation of products by companies such as Bimbo, Nestlé and Kellogg’s, in an attempt to lower the concentration of ingredients that have excess sugar, fat or sodium. The second is the testimonials of consumers who claim to have reduced their consumption of products that bear health warnings on their packaging.

A study published in June in the International Journal of Behavioral Nutrition and Physical Activity suggests that the policy appears to be bearing fruit (pun intended). The study’s authors asked people aged 14 or over to self-report any perceived changes in their shopping habits a year after the food labelling law came into effect. More than a third of young people and almost half of adults said the labelling system had led them to reduce their purchase of various unhealthy foods. In addition, adults who reported higher water intake and lower consumption of sugary drinks said the main reason for this decision was food labelling.

Is it any surprise that the junk food industry spent years furiously lobbying in Mexico’s Congress to block the introduction of strict and clear front-of-package food labels, and once they were finally introduced spent another four years trying to get them overturned? The lobbies will no doubt try to do the same with Mexico’s “Vida Saludable” program, just as the US’ corn and GMO lobbies are using ISDS to try to prevent Mexico from banning the use of GMO corn for direct human consumption. It is no easy task for a country to mend its eating ways these days, especially if its direct neighbour is the US of A.

Tyler Durden
Tue, 10/22/2024 – 17:40