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Pro-Life Mother Begins 3.5 Year Prison Sentence After Biden-Harris DOJ Threw The Book At Her

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Pro-Life Mother Begins 3.5 Year Prison Sentence After Biden-Harris DOJ Threw The Book At Her

Bevelyn Williams – a pro-life activist and the mother of a young daughter, is reporting to an Alabama prison today to serve a 3.5 year sentence for unlawful assembly after the Biden-Harris DOJ threw the book at her for taking part in a two-day pro-life protest outside a New York City Planned Parenthood in June of 2020.

“I wanted to give you an important update,” Williams wrote in a Tuesday Facebook post. “My legal team worked tirelessly to submit a stay of appeal so I could be home on bail while appealing this case for the sake of my daughter and husband. Unfortunately, the judge, who also sentenced me, denied the appeal. I have now been assigned a federal facility to report to and must surrender tomorrow at FCI Aliceville.”

Her husband recorded a video as they were headed to the prison:

The DOJ accused Williams of having “repeatedly intimidated and interfered with individuals seeking and providing critical reproductive health services. She did so by physically blocking access to clinics, threatening staff, and by force.”

That said, her category of offense was unlawful assembly.

“Please share this people need to know the truth 41 months, 3 1/2 years for unlawful assembly under the Biden Harris administration!!” she posted to X.

Williams voted for Trump before taking off for prison.

Williams set up a GiveSendGo account, which can be found here.

Tyler Durden
Wed, 10/16/2024 – 19:40

Where Americans Should Retire Vs Where They Actually Retire

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Where Americans Should Retire Vs Where They Actually Retire

This chart, via Voronoiapp.com, compares the top states for retirement (based on five metrics analyzed by experts), with those states where retirees are actually moving, as indicated by net migration data.

Figures are sourced from Smart Asset and Bankrate, as of 2024.

Bankrate’s study judged all fifty states by five key metrics: affordability (40%), well-being (25%), healthcare (20%), weather (10%), crime (5%). Check out our graphic on their method and how each state performed.

The experts and retirees only agree on three states that are best for retirement – Florida, South Carolina, and Georgia – indicating that there’s a divergence between the data analyzers and where retirees actually want to live.

It’s also clear most retirees are moving for warm summers and mild winters.

Tyler Durden
Wed, 10/16/2024 – 18:50

Pollster Predicts ‘Biggest Mental Health Crisis In American History’ If Trump Wins

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Pollster Predicts ‘Biggest Mental Health Crisis In American History’ If Trump Wins

Authored by Paul Joseph Watson via modernity.news,

Pollster Mark Halperin predicts that America will experience the biggest mental health crisis in its history if Trump wins the election and that it will lead to violence.

Halperin made the explosive comments during a sit down interview with Tucker Carlson.

Given that many Democrats think Trump winning again is the worst thing that could happen to the country, Carlson asked Halperin how Kamala Harris voters would react.

“I say this not flippantly, I think it will be the cause of the greatest mental health crisis in the history of the country,” Halperin responded.

The pollster added that a Trump win would completely derail tens of millions of Americans’ connection to their country and their fellow citizens.

He went on to add that mental health professionals will be overwhelmed with people requiring support and will lead to “trauma in the workplace” as well as “alcoholism” and “broken marriages.”

“They think he’s the worst person possible to become president,” said Halperin, noting that the crisis won’t pass in between the election and Trump’s inauguration, but will be a “sustained,” “unprecedented” and “hideous” fallout.

Halperin said the country was not ready for what is coming if Trump beats Harris and that some level of “violence” will inevitably ensue, in the form of riots, workplace fights and even unrest during things like kids birthday parties.

The pollster said for tens of millions of Americans, Trump winning would be “so traumatic” that it will become “impossible for even the most mentally healthy person to truly process and incorporate in the daily life.”

“They think that their fellow citizens supporting Trump is a sign of fundamental evil at the heart of their fellow citizens and of the nation,” concluded Halperin.

Trump’s first term in office was characterized by what became known as Trump Derangement Syndrome, where everything Trump said or did became a reason for some Americans to flip out and engage in deranged behavior.

At one point, some actually took to screaming helplessly at the sky because they simply couldn’t accept that he was in power.

* * *

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Tyler Durden
Wed, 10/16/2024 – 18:25

“Superhuman”: Nvidia CEO Blown Away After Musk Sets Up 100,000 GPUs In 19 Days

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“Superhuman”: Nvidia CEO Blown Away After Musk Sets Up 100,000 GPUs In 19 Days

Nvidia CEO Jensen Huang says Elon Musk pulled off a “superhuman” feat by setting up a supercluster of 100,000 H200 Blackwell GPUs in just 19 days – a process he says takes everyone else “one year to accomplish.” 

Illustration by Kristen Radtke / The Verge; Getty Images

According to Tom’s Hardware, the xAI team reportedly went from “concept” to full-ready compatibility with Nvidia’s “gear” in less than three weeks – including running xAI’s first AI training run.

From start to finish, the process involved building the massive X factory where the GPUs would reside and equipping the entire factory with liquid cooling and power to make all 200,000 GPUs operational. That’s not to mention all of the coordination between Nvidia’s and Elon Musk’s engineering teams to get all of the hardware and infrastructure shipped and installed precisely and in a coordinated manner.

What’s more, Huang says that networking Nvidia’s gear isn’t as simple as networking traditional data center servers. “The number of wires that goes in one node…the back of a computer is all wires,” he said, adding that Musk’s integration of 100,000 H200 GPUs has “never been done before,” and probably won’t be repeated by anyone else anytime soon.

Watch:

Tyler Durden
Wed, 10/16/2024 – 18:00

SBA’s Disaster Loan Program Runs Out Of Money As Hurricanes Drive Demand

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SBA’s Disaster Loan Program Runs Out Of Money As Hurricanes Drive Demand

Authored by Katabella Roberts via The Epoch Times,

The Small Business Administration’s (SBA) disaster assistance loan program is out of money after hurricanes Helene and Milton struck parts of the United States, the agency has announced.

In an Oct. 15 press release, the SBA said funds for the program have been exhausted following increased demand from disaster survivors in the wake of multiple extreme weather events, including the two hurricanes that made landfall in September and October.

The agency will therefore be pausing new loan offers for its direct, low-interest, long-term loans to disaster survivors.

The SBA encouraged individuals and small businesses to continue applying for loans, citing assurances from congressional leaders that additional funding will be provided once they return to Capitol Hill in November.

The agency’s loan application portal will also remain open, while its disaster centers and in-person staff will continue to be deployed across the country, the press release said.

“The agency will continue to accept new applications and ready borrowers to get their disaster loan offers as soon as possible once Congress appropriates funds,” the SBA stated.

Additionally, the SBA noted it may continue to make a “small number of new loan offers during this time,” using funds made available through loan cancellations and similar actions.

The SBA was created in 1953 and offers low-interest loans to businesses, homeowners, renters, and private nonprofit organizations to help them recover from federally declared disasters.

Thousands Seek Relief Funds

Through its loan program, homeowners can receive up to $500,000 to replace or repair their primary residence, while businesses and private nonprofit organizations can get up to $2 million to cover disaster-related physical damage and economic injuries that aren’t fully covered by insurance.

In a statement, SBA Administrator Isabel Casillas Guzman stressed the importance of getting swift financial relief to communities, noting it helps in both recovery efforts and stabilizing local economies.

“While we await Congress to provide much-needed funding, we strongly encourage eligible businesses and households to apply for SBA disaster loans,” Guzman said.

“SBA will continue to support homeowners, renters, businesses, and nonprofits in processing their applications to ensure they receive assistance quickly once funds are replenished,” she added.

The latest announcement from the SBA comes after President Joe Biden warned lawmakers this month that the agency’s disaster loan program was set to run out of funding “in a matter of weeks” and well before Congress plans to reconvene in November.

Biden urged lawmakers to act immediately to replenish the disaster loan program, although he stopped short of stating exactly how much money the program needs.

It comes amid recovery efforts from hurricanes Helene and Milton,  the latter of which Biden said has caused around $50 billion worth of damage.

In its latest press release, the SBA said it has received around 37,000 applications from those impacted by Helene, and has made over 700 Helene loan offers totaling about $48 million.

For Milton, the agency has already received over 12,000 applications, it said.

“Importantly, despite this funding lapse, borrowers who already have a loan offer will continue to receive disbursements, and borrowers who already have existing loans may continue with servicing actions and loan modifications,” the agency said.

Tyler Durden
Wed, 10/16/2024 – 17:40

WTI Rallies After API Reports Across-The-Board Inventory Draws

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WTI Rallies After API Reports Across-The-Board Inventory Draws

Oil prices dipped very marginally today (with WTI holding above $70), down for the fourth day in a row as traders focused on an uncertain demand outlook – particularly from China, the world’s largest crude importer.

Additionally, traders have “largely priced in the Middle East tensions,” and the base-case scenario for many of them is that there will be a limited attack on Iranian energy facilities, if any, from Israel, Naeem Aslam, chief investment officer at Zaye Capital Markets, told MarketWatch.

However, “the fact is that we are looking at a situation where two countries are attacking each other directly,” he added.

“[It] is a very serious situation because currently the U.S. is very much mediating the matter and tensions are incredibly high on both sides.”

“On the demand side, market participants are looking for clearer signals regarding China’s fiscal policy, as uncertainties about its economic recovery affect oil-demand expectations,” said Christopher Tahir, senior market strategist at Exness, in emailed comments.

“Both the Organization of the Petroleum Exporting Countries and the International Energy Agency have lowered their forecasts for global oil-demand growth in 2024, mainly due to expected changes in China’s consumption,” he noted.

For now, the recent hurricanes are playing havoc with any analysis of the real-time supply/demand regime based on API/DOE data.

API

  • Crude -1.58mm (+1.9mm exp)

  • Cushing +410k

  • Gasoline -5.93mm (-2.0mm exp)

  • Distillates -2.67mm (-2.2mm exp)

After the large gasoline draw the prior week (and big crude build), the effect of Hurricanes Helene and Milton continue to ripple through physical energy markets. API reports major product draws and a surprise crude draw (build expected) last week…

Source: Bloomberg

WTI was hovering just above $70 ahead of the API print and rallied into the green for the day after the print…

From a price perspective, Zaye Capital Markets’ Aslam believes oil is very much back to “normal fundamentals,” with the Chinese demand equation influencing the market.

“So in the absence of any serious geopolitical tension, the path of least resistance is skewed to the downside,” he said.

Tomorrow (a day late due to the Columbus Day holiday), we will get the official weekly data on US production, demand, and inventories.

Tyler Durden
Wed, 10/16/2024 – 17:20

Gold, Bitcoin, & The Dollar Surge Ahead Of Retail Sales; Markets “Very Convinced” Of Trump Victory

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Gold, Bitcoin, & The Dollar Surge Ahead Of Retail Sales; Markets “Very Convinced” Of Trump Victory

VIX remains ‘sticky’ above 20… even as stocks manage gains…

Source: Bloomberg

The short-term vol market is anticipating some movement tomorrow around the retail sales print (likely to be a blow-out number according to BofA), then some calm before the storm of the election outcome and the FOMC meeting…

Source: Bloomberg

And while on the topic of the election, during the past 12 days, the market has seemed “very convinced Trump is going to win,” Druckenmiller said Wednesday in a Bloomberg Television interview.

“You can see it in the bank stocks, you can see it in crypto.”

Source: Bloomberg

The former Soros money manager predicted that it’s “extremely unlikely” that Democrats will gain control of Congress even if Harris were to win the presidency.

If there were a so-called blue sweep, he said, equities may be troubled for three to six months.

He also said that a red sweep is “probably more likely than a Trump presidency with a blue Congress.”

Since the Trump-Harris debate, stocks confirm Druck’s views, shifting sharply in favor of a Trump victory (to a new high today)…

Source: Bloomberg

On the day, Small Caps outperformed once again (amid another big shot squeeze and strength in financials). Nasdaq ended the day unchanged (ASML worries continues to weigh)…

Another day, another short squeeze…

Source: Bloomberg

Nasdaq underperperformed Russell 2000 once again, pulling that ratio down to the lower end of its channel from the last year…

Source: Bloomberg

Morgan Stanley surged higher today on earnings, catching up to Wells Fargo. Citi remains the biggest loser…

Source: Bloomberg

Treasury yields were lower across the curve today, but only modestly (1-2bps). The long-end continues to outperform on the week (notably curve flattening)…

Source: Bloomberg

The 10Y yield slid to 4.00% and found support there today…

Source: Bloomberg

2025 rate-cut expectations are rising once again (now back to pre-payrolls levels) while 2024 expectations remain more hawkish…

Source: Bloomberg

Credit spreads remain ridiculously tight – both relative to equity risk as well as relative to historical cycles…

Source: Bloomberg

The dollar pushed higher once again – reaching its highest since August 2nd’s payrolls puke…

Source: Bloomberg

And despite the dollar strength, gold rallied up to a new closing record high…

Source: Bloomberg

That’s quite a ‘decoupling’ between gold and the greenback…

Source: Bloomberg

Bitcoin continues to rip (Trump victory?), topping $68,000 today for the first time since July…

Source: Bloomberg

Crude prices trod water today, with WTI holding just above $70.00 ahead of tonight’s API inventory data…

Source: Bloomberg

Finally, USA sovereign risk has surged to its highest in a year…

Source: Bloomberg

What is the market worrying about?

Tyler Durden
Wed, 10/16/2024 – 16:00

“Probably Worse Than It Looks”: IMF Sounds Alarm Over Government Spending

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“Probably Worse Than It Looks”: IMF Sounds Alarm Over Government Spending

Authored by Tom Ozimek via The Epoch Times,

The International Monetary Fund (IMF) has issued a stark warning about the rising tide of public debt in countries across the globe, with the United States standing out due to its persistent fiscal deficits and mounting spending pressures.

The IMF’s latest Fiscal Monitor report, released on Oct. 15, projects that global public debt will exceed $100 trillion in 2024, equal to about 93 percent of global gross domestic product (GDP), and could approach 100 percent of GDP by the end of the decade. The United States, in particular, faces significant risks if fiscal policies are not adjusted urgently.

The report emphasizes that countries, including the United States, need to address debt risks with carefully crafted fiscal strategies.

It warns that debt levels could be worse than anticipated due to large spending pressures, sizeable unidentified debt, and overly optimistic debt projections.

Unidentified debt, which refers to liabilities that do not appear explicitly in budget documents—such as contingent liabilities, losses at federally-owned enterprises like the U.S. Postal Service, and other off-balance-sheet obligations—poses a significant risk to debt sustainability, according to the IMF.

“There are good reasons to believe that future debt levels could be higher than currently projected,” the report’s executive summary states, highlighting that actual debt-to-GDP ratios three years ahead tend to be about 6 percentage points higher than originally forecasted, on average.

The IMF attributes the potential underestimation of debt levels to several factors, including a political climate increasingly favoring higher government spending. This spending is being driven by concerns around security, an aging population, and the push to invest in green transitions.

“Rebuilding fiscal buffers in a growth-friendly manner and containing debt is essential to ensure sustainable public finances and financial stability,” the report urges.

In a related blog post titled “Global Public Debt Is Probably Worse Than It Looks,” IMF economists assert that current efforts to curb debt growth are insufficient. Delays in fiscal actions, they argue, will lead to even higher costs and greater risks.

“[E]xperience shows that high debt and lack of credible fiscal plans can trigger adverse market reaction, constraining room to maneuver in the face of turbulence,” the economists wrote, emphasizing the need for proactive measures such as paring back spending.

The IMF’s analysis shows that planned fiscal adjustments—such as reducing spending by 1 percent of GDP over six years—are insufficient to stabilize debt. Instead, a cumulative tightening of 3.8 percent of GDP is needed to significantly cut debt levels, the economists contend, with the effort required in the United States being “substantially greater.”

Without substantial fiscal adjustments, U.S. debt will continue on an unsustainable path, the report warns. The country faces mounting spending demands, largely due to health care costs, aging populations, and defense needs, all of which are exacerbated by growing geopolitical tensions.

The IMF identifies reforming mandatory spending programs, such as Social Security and Medicare, as a crucial step. These programs account for a large and inflexible share of the U.S. budget, and reforming them could help rein in expenditures. Besides spending cuts, the IMF suggests that the United States could raise revenues by raising taxes or removing tax exemptions.

The IMF’s newly developed “debt-at-risk” framework—a tool used to estimate potential debt outcomes under different economic conditions—indicates that U.S. public debt could rise sharply under adverse scenarios.

Chapter 1 of the IMF report notes that, for “systemically important advanced economies such as the United States, in which the primary deficit is the largest driver of debt-at-risk, three-year-ahead debt-at-risk is estimated to exceed 150 percent of GDP, 20 percentage points higher than the baseline debt projection in the October 2024 World Economic Outlook.”

Stronger fiscal governance is also essential, according to the IMF, which describes it as “key to mitigating the buildup of unidentified debt and containing debt vulnerabilities.” Countries with better fiscal governance—marked by budget transparency and adherence to fiscal rules—tend to have lower levels of unidentified debt, even during times of financial stress.

Tyler Durden
Wed, 10/16/2024 – 15:45

NYPD Admits Armed Migrant Kids From Gov’t-Funded Roosevelt Hotel Terrorizing Times Square

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NYPD Admits Armed Migrant Kids From Gov’t-Funded Roosevelt Hotel Terrorizing Times Square

The Biden-Harris administration misled the public with phony FBI crime statistics, pushing the narrative that far-left policies were actually making America safer. Weeks later, those numbers were “revised,” revealing a shocking truth: a 2.1% decrease in US violent crime in 2022 was actually a 4.5% increase! 

What a stunning revision – and not so shocking for readers. 

Biden-Harris officials gaslighted the hell out of Americans. Fortunately, this time around, very few folks believe any propaganda that is spewed by woke radicals in the White House and or their MSM cheerleaders. 

This brings us to the current crime crisis spreading across certain New York City boroughs, like stage four cancer, where armed illegal alien kids are brazenly robbing citizens and tourists alike.

Source: NYPost
Source: NYPost

“We’re talking 20 individuals arrested a total of 50 times… and we have a mix-match of crimes embedded in those. We have anywhere from snatches to what I call wolfpack robberies, where anywhere between five and 15 individuals surround tourists and take their property. We have gunpoint robberies, knifepoint robberies. And these individuals are out, and it’s concerning,” NYPD Detective Bureau Asst. Chief Jason Savino told Fox News on Tuesday, adding these kids are connected with Venezuela’s dangerous Tren de Aragua prison gang.

The New York Post reported earlier this week that some of these migrant gangsters are as young as 11 and being housed in the former Roosevelt Hotel in NYC.

Source: NYPost

Tren de Aragua members are recruiting these kids straight from the migrant hotels funded by the government. 

Source: NYPost

“Young kids are the primary target for recruitment of gangs,” a Department of Homeland Security source told NYPost on Tuesday, adding, “Their young, moldable, vulnerable and eager to please minds are easier to lure in than those who have matured more in life.”

Source: NYPost

The source continued, “Wanting to please a male father figure is something is something all young boys are eager to do,” adding, “They jump at the opportunity to feel involved with something that seems important.”

Here’s more from a separate NYPost report:

Law enforcement sources said gang members hid among the millions of asylum seekers who crossed the US border with Mexico since 2022, then scattered throughout the country.

…

In New York, gang members exploited the city’s migrant shelter system, running robbery crews, as well as trafficking drugs, guns and sex workers under the noses of private security guards. according to sources.

Tren de Aragua has become such a significant concern that leaked US Army documents estimate more than 5,000 of these gangsters, some of which are armed, are running amok nationwide.

Biden-Harris rolling out the red carpet to illegal aliens has created perfect conditions for trafficking of all sorts, from drugs to labor to prostitution.

Americans are learning very quickly that Democrats importing the third world (many of which are unvetted) into the first world has tremendous consequences…  

It may be time for folks to avoid these ‘sanctuary zones’.

We’ll leave you with a dire message from ‘Ernie’ the truck driver from Charleroi, Pennsylvania, a small blue-collar town, who spoke at a recent Trump rally and described the migrant invasion as “nation-killing.”

Do yourself a favor this holiday season: Avoid NYC and, in fact, boycott sanctuary towns. Spend your money elsewhere. 

Tyler Durden
Wed, 10/16/2024 – 15:25

Nevada Governor Backs Female Volleyball Players Boycotting Game Over Male Player

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Nevada Governor Backs Female Volleyball Players Boycotting Game Over Male Player

Authored by Zachary Stieber via The Epoch Times,

Nevada’s governor on Oct. 15 said he supports female volleyball players refusing to participate in a game because their opponent has a male who identifies as a female on their team.

Female players from the University of Nevada, Reno said earlier this month that they would only play against San Jose State University if the game was restricted to women.

Officials from the University of Nevada later said that they intend “to move forward with the match as scheduled” and that the players’ position does not represent the university’s position.

The school said that Nevada’s Constitution and law ensure equality of rights.

“The student athletes at the University of Nevada, Reno have determined that they do not want to play against San Jose State, and I wholeheartedly respect the decision of the players,” Nevada Gov. Joe Lombardo said in a statement posted on social media. “No student athlete should ever be pressured to play a game where they don’t feel safe—period.”

Nevada Lt. Gov. Stavros Anthony previously expressed support for the team.

Officials also said no players will be disciplined if they do not participate in the match, which is slated to take place on Oct. 26.

The female volleyball teams at Boise State, Southern Utah, Utah State, and Wyoming previously chose not to play against San Jose State.

The governors of Idaho, Utah, and Wyoming have said they support the forfeits.

“I applaud @BoiseState for working within the spirit of my Executive Order, the Defending Women’s Sports Act,” Idaho Gov. Brad Little said in September.

“We need to ensure player safety for all of our female athletes and continue the fight for fairness in women’s sports.”

According to a legal complaint filed in federal court, one of San Jose State’s volleyball players is a male.

The player, Blaire Fleming, told Brooke Slusser, another member of the team, earlier this year that he was born male, according to a Sept. 23 filing. Slusser is one of the plaintiffs in the case.

Officials with the school later told the team that members should not talk about Fleming’s sex with anyone outside the team, the filing states.

If members did not comply, “things would go badly” for the members, according to the complaint.

The legal case is against groups and individuals including the National Collegiate Athletics Association, which in 2022 allowed males to participate in women’s sports.

A spokeswoman for San Jose State University (SJSU) did not respond to a request for comment.

In a recent statement, the school said: “SJSU student athletes are in full compliance with NCAA and Mountain West rules and regulations. We remain committed to supporting all of our student athletes—including their mental health and physical safety, both on and off the court—during this challenging time. We continue to work to ensure their ability to participate in an inclusive, fair, and respectful environment.”

Tyler Durden
Wed, 10/16/2024 – 15:05