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Huge Uptick In Israeli Airstrikes On Gaza Since Trump Hailed ‘Historic’ Hamas Deal

Huge Uptick In Israeli Airstrikes On Gaza Since Trump Hailed ‘Historic’ Hamas Deal

Middle East regional media has reported a huge uptick in Israeli military attacks in the Gaza Strip since President Trump announced a “historic” agreement which Hamas finally signed on to

The agreement would result in a phased complete disarmament of Hamas and the handing over of governance to newly proposed National Committee for the Administration of Gaza (NCAG) – a body designed to replace both Hamas and the Palestinian Authority.

However, fighting has persisted, with Al Jazeera reporting that at least 19 Palestinians killed on Saturday in Israeli attacks and that the total deal toll from the weekend is now 26 people, including women and children.

via Euro-Med Monitor

Israel continues to express skepticism in the face of Washington’s recent optimism:

Despite Hamas agreeing to a phased disarmament, Israel’s government says it has “serious security concerns” about the plan, and there has been strong resistance from Israeli politicians to the deal.

The continued bombardment of Gaza, contributing to Israel’s continued breaches of October’s “ceasefire” agreement, will likely threaten Trump’s peace plan and exacerbate the already dire humanitarian situation for Palestinians in the enclave.

Reuters had on Sunday reported an entire day of fresh IDF bombardment on Gaza.

“Israeli airstrikes hit Gaza for a second straight day on Sunday, killing at least 18 Palestinians, medics said, ​despite U.S. President Donald Trump’s announcement of a breakthrough in efforts to implement last year’s ceasefire agreement,” Reuters wrote.

“From dawn, Israeli warplanes hit Gaza City in the north, the central city of Deir ‌al-Balah and the southern area of Khan Younis, causing the biggest daily death toll in weeks, according to Palestinian health officials,” it added. 

Israeli Energy Minister Eli Cohen issued the Netanyahu government’s view on Sunday: “In the deal we signed with the United States, our stance is that Hamas must be dismantled. This is the first thing ⁠that must happen.” 

Cohen expressed that Israeli is “very skeptical” that Hamas would actually disarm. And PM Netanyahu’s office said: “The most important concern for Israel is that nothing can happen ​before Hamas completely and truly disarms.”c

So while the US and regional leaders are busy celebrating and hailing the plan, the proverbial devil will be in the details and in the process – and needless to say a lot could go wrong.

On pro-Palestinian advocate and author worries that Gaza will continue to be destroyed, but that international coverage and cameras have in effect moved on: “There was a time when every explosion in Gaza flashed across my phone – horrible images of children being pulled from rubble, medical workers trying to help patients as the hospital itself gets bombed, and families howling in grief as Israeli bombs obliterated entire Palestinian lineages,” Vijay Prashad observes.

Prashad adds: “Israel’s attacks continue as families flee from one temporary shelter to another and children search through shattered concrete for fragments of lives they once knew. But the world’s attention has shifted elsewhere as the genocide has become routine. We have become comfortably numb.”

Tyler Durden
Tue, 08/04/2026 – 02:45

Spanish Opposition Leaders Calls For PM Sánchez To Be ‘Put In The Dock’ Over Immigrant Lies

Spanish Opposition Leaders Calls For PM Sánchez To Be ‘Put In The Dock’ Over Immigrant Lies

Via Remix News,

Vox leader Santiago Abascal has called for Prime Minister Pedro Sánchez to be put “in the dock,” accusing his government of lying about the number of illegal migrants returned to Morocco following the latest mass influx into Ceuta.

Abascal traveled to the Spanish enclave at the weekend after canceling a planned visit to Colombia, saying the situation demanded his presence in Spain. Upon arriving, he posted footage of significant numbers of what appear to be illegal immigrants occupying beaches in the city. He claimed that “thousands and thousands” of illegal migrants remained in Ceuta and that frightened residents were still unable to leave their homes.

“What happened in Ceuta has been an invasion and an act of war promoted by Morocco and allowed by Sánchez, who is incapable of responding because he is subservient to Morocco,” Abascal told reporters on Sunday.

He demanded the immediate return of all illegal Moroccan migrants, permanent militarization of the border, closure of the border crossing, suspension of the European Union’s agreement with Morocco, and legal proceedings against Sánchez.

According to OKdiario, the Spanish government says more than 48,000 of the approximately 50,000 migrants who reached Ceuta have already returned to Morocco.

Abascal disputed those figures, arguing that footage from the city showed large numbers of migrants still present.

The center-right People’s Party also stepped up its criticism of Sánchez. Party leader Alberto Núñez Feijóo remained in Ceuta over the weekend, meeting representatives of the Civil Guard and police unions.

PP Secretary General Miguel Tellado accused Sánchez of being on vacation while attempting to make the public forget that he had failed to prevent what Tellado called the greatest attack on Spanish sovereignty.

“The worst prime minister at the worst possible time,” he said.

La Gaceta reported that undocumented migrants had carried out widespread looting of shops and supermarkets across Ceuta, placing severe pressure on local businesses struggling to maintain supplies of food and other essentials.

Government delegate Miguel Ángel Pérez Triano nevertheless insisted that the number of migrants in Ceuta had fallen substantially and said authorities would accelerate return procedures.

“There are far fewer people than when they arrived. There have been many departures,” he said, promising that removals would be processed “without fail.”

Some migrants have already attempted to travel onward to mainland Spain. El País reported that National Police intercepted two boats carrying 17 people of North African origin near Algeciras and La Línea de la Concepción.

Police are investigating where the vessels departed from and the circumstances surrounding their arrival on the Cádiz coast.

Read more here…

Tyler Durden
Tue, 08/04/2026 – 02:00

12 Glaring Realities Of Marxist Socialism

12 Glaring Realities Of Marxist Socialism

Authored by Christian Milord via The Epoch Times,

In a free society that embraces free markets and the rule of law, young people must be made aware of the glaring realities regarding the alleged “fuzzy and warm” nature of Marxist (collectivism, communism, progressivism, socialism) iterations

There are at least twelve aspects of the Marxist ideology that are clear and present dangers to democratic nations as well as undemocratic countries.

First, Marxism was founded on the stark concept of atheism.  Consequently, it attempts to dismantle the Judeo-Christian faith that has been an anchor of civilization for thousands of years and helps people to navigate life’s challenges.  Marxists also oppose the traditional family, which is the building block of any culture and bolsters societal bonds.  On every life category, intact families are far more successful than broken families.

Next, Marxist policies encourage folks to be intellectually and physically lazy as they rely on bureaucratic government for all of their needs.  This reliance generates an unearned entitlement mentality that expects others to supply the needs of those who refuse to accept personal responsibility.  Minimal effort is applied to studying and working, yet the “entitled” expect to earn high salaries regardless of the effort they put forth.

Third, Marxists are quite generous with the money confiscated from job creators, but they are stingy with their own money.  However, most of the money and possessions that are seized by Marxist leaders end up with their cronies and are not redistributed to the lower-income workers they claim to be helping.  The hypocrisy is staggering.

Fourth, Marxist influencers compete with one another to see who the best liar is as they deceive the vulnerable who might believe promises that are too good to be true.  Marxists use deception as a means to control the masses and keep them on their heels.  They talk a good game about socialism as a paradise on earth yet do everything they can to turn that alleged nirvana into a hell on earth.

Fifth, Marxism is an arbitrary system built on a foundation of contradictions.  It can hand out some goodies but just as easily withdraw them.  Marxists believe that they can alter laws whenever they feel the urge, thus using raw power plays to confuse and divide people, and consolidate power in the hands of a few.  Arbitrary laws can hinder people from advancing economically and can also create insecurity.

Sixth, for an ideology that claims it will usher in equality, Marxism certainly is fixated on economic class, color, gender, and race.  Apparently, some are more equal than others.  Instead of equal opportunity, Marxists favor the equity of prearranged outcomes.  Many Marxist spokespersons are often educated academics who pretend victimhood and fear competition in the real world yet believe they are smarter than everyone else.   They’ve learned nothing about good citizenship and wisdom, while displaying a common sense deficit.  Marxists envy folks who keep their noses to the grindstone, and lash out at those who possess discipline, deferred gratification, and a healthy work ethic.

Seventh, Marxists promise freedom and security to those who will join their cause, yet wealth is stolen from others, and security only exists for those at the top of the pyramid.  In other words, everyone is equally miserable under Marxism except for the jackbooted leaders who profit from the spoils acquired from their “legalized” theft.  For proof, just examine the misery index of folks in China PRC, Cuba, Iran, N. Korea, and Russia.

Eighth, it’s puzzling why Marxists who reside in free societies lack the courage to move to the autocratic societies they admire.  Is it because they don’t even believe the mantras they keep repeating, or do they want to have their cake and eat it, too?  They denounce the blessings of free enterprise and liberty at the same time as they partake of them.  Unfortunately, they have taken their blessings for granted.  Do they really want to transform America into a dysfunctional nation that has constant shortages of goods and services?

Ninth, Marxism promotes the darker facets of human nature rather than its nobler strivings.  Marxists turn lies into the truth and truth into lies.  They oppose the arts, constructive creativity, and innovation and constantly push monolithic groupthink instead of critical thinking.  In other words, Marxism is extremely boring and lacks a sense of humor.

Tenth, Marxists never learn from history and thus are doomed to repeat it, even after the carnage that’s been generated by their dystopian policies for over a century.  Someone once noted that doing the same thing over and over and expecting different results is the definition of insanity.  That’s the Marxist playbook in a nutshell.

Eleventh, Marxists glorify the vices and demonize traditional virtues even while they carry out plenty of virtue signaling.  They condescendingly lecture us about upholding democracy and liberty at the same time as they attempt to erode economic freedom, educational freedom, and individual freedom.

Finally, Marxism is highly immature.  Marxists rarely learn from the past and thus triple down on failure.  They blame others for their own fascist behavior, which is an example of denial and projection.  They demand to get what other folks have earned, which is childish and immoral.  Marxists side with totalitarian entities and mob rule, while opposing the sole Middle East democracy, Israel.  Most Marxists only embrace law enforcement when it is provided to protect unlawful immigrants and themselves, and when it is used to punish law-abiding folks. 

This is why it is imperative to vigorously oppose Marxism by all means necessary.

Tyler Durden
Mon, 08/03/2026 – 23:25

“We Use Thicker Steel”: Security Firm Fortifies HVAC Units Against Thieves

“We Use Thicker Steel”: Security Firm Fortifies HVAC Units Against Thieves

Copper wiring, light poles, catalytic converters, copper gutters, and even Tesla charging cables have long been targets for thieves.

But in crime-ridden metro areas governed by progressive or reformist socialist city halls that have adopted softer enforcement policies, where lefty prosecutors are perceived as unwilling to pursue property crimes, criminals have become increasingly emboldened.

They have moved beyond stealing industrial metals to taking entire outdoor HVAC units, prompting some homeowners and businesses to install heavy steel security cages around their condensers.

An Atlanta-based company called Ornamental Security published a viral Instagram video titled “Securing Your HVAC System,” highlighting what appears to be a growing trend among homeowners: installing metal cages over outdoor condensers to prevent theft.

Ornamental Security’s Instagram video was later reposted on X by Everything Georgia, where it went even more viral, drawing 2.6 million views in just one day.

HVAC thefts are geographically widespread, occurring in cities governed by both Democrats (Chicago, Louisville, District Heights/Prince George’s County, Maryland) and Republicans (Jacksonville, FL; Midland, TX), as well as in Canada.

Recent reports:

In Maryland, WBFF 45 reported earlier this year:

Based:

Just wait until tech companies start installing mini data centers in residential backyards. Thieves will move up the value chain, from stealing HVAC units to targeting Nvidia chips.

Tyler Durden
Mon, 08/03/2026 – 23:00

Arming Local Police With Drones. Who Pulls The Trigger?

Arming Local Police With Drones. Who Pulls The Trigger?

Authored by Burak Oktenli via RealClearDefense,

Last Sunday, the World Cup was played in New Jersey, capping a summer in which American stadiums have hosted the largest sporting event on earth. Federal planners saw the airspace problem coming: the executive order that reorganized America’s counter-drone posture names the 2026 World Cup explicitly as an event to protect. What the planning has not yet produced is an answer to the question that will matter most if a drone crosses the stadium fence: whose call is it?

The legal landscape has transformed in thirteen months. Executive Order 14305, signed in June 2025, pushed detection funding to state and local agencies. Then the Safer Skies Act, passed in December’s defense authorization, broke a decades-old federal monopoly: for the first time, trained and certified local police and correctional officers may seize, disable, or destroy a drone that poses a credible threat to people, large events, critical infrastructure, or prisons. Implementing rules from Homeland Security, the Justice Department, and the FCC began arriving this month. Industry has done its part too; the interceptors, jammers, and radio-frequency takeover tools exist and are getting better.

Here is what does not yet exist: the authority layer. We have spent our energy deciding who may act and buying the tools to act with, while leaving the harder questions of how the decision gets made to be improvised at the venue gate. Start with the declaration problem. The statute authorizes force against a drone that poses a “credible threat,” but a credible threat is a judgment call, and at a packed stadium it is a judgment call made in under a minute by whoever happens to hold the certification. Is the quadcopter over the parking lot a hostile payload, a hobbyist who ignored the flight restriction, or a broadcaster’s camera platform that lost its transponder? Three different answers, three different lawful responses, one clock.

Then the handoff problem. A drone approaching a stadium can cross private property, city jurisdiction, county lines, and a federal security perimeter in ninety seconds. Venue security teams have no mitigation authority at all; certified local police have some; federal teams have more. The law creates layers of permission without specifying the moment or mechanism of transfer between them. Weeks of confused drone sightings over New Jersey in late 2024 already demonstrated how fast the question “who is in charge of this airspace” can go publicly unanswered. That was surveillance and speculation. Engagement is less forgiving.

And the evidence problem. Every engagement decision will be litigated, because the law has teeth on both edges: an officer who mitigates without required federal coordination faces civil penalties up to 100,000 dollars per violation, and a wrongful takedown over a crowd invites liability no city attorney wants to discover in real time. If the radio-frequency logs, radar tracks, and decision records of an engagement are not captured to an evidentiary standard, the program will lose in court what it won in Congress. None of this requires new technology. It requires an authority architecture agreed before the whistle, in three parts. Every protected event needs a named decision authority: one accountable official, designated in advance, who owns the hostile-or-not call, with a pre-planned line of succession. Jurisdictions need risk-based engagement windows: decisions, made in daylight and written down, about which responses are authorized at which distances and against which behaviors, so that the officer under the flight path executes a plan rather than invents one. And every engagement needs an evidence chain built in from the first sensor contact, so that what happened can be audited, prosecuted, and defended.

The rules now being written are the moment to set this architecture, and federal guidance is already urging venues and agencies to define roles, responsibilities, and response plans rather than improvising them on the night. The calendar is unkind: after this Sunday comes a Ryder Cup, a Super Bowl, and the 2028 Olympics, each a mass gathering under an expanding drone threat. Retrofitting authority onto deployed hardware after the first bad night is how programs die.

The question at the stadium gate is no longer whether America can stop a drone. We can. The question is whether the officer looking up at one knows, before it arrives, whose decision it is, what response is authorized, and what record will protect that decision afterward. Congress opened the door to local counter-drone defense. Someone still must build the doorway.

Burak Oktenli is an independent researcher on the governance of authority in autonomous and AI-mediated systems and holds an MBA and a Master of Professional Studies in Applied Intelligence from Georgetown University. His writing has appeared at the Modern War Institute at West Point, RUSI, RealClearDefense, and The Space Review.

Tyler Durden
Mon, 08/03/2026 – 22:35

The Real Reasons Why Funding For The Democrat Party Is Collapsing

The Real Reasons Why Funding For The Democrat Party Is Collapsing

Recent polling suggests that expectations of a “blue wave” in Congress for the 2026 mid-terms are crumbling fast, and as we examined recently, the Democrats are facing one of the biggest financial shortfalls in DNC history.  The organization has around $16 million of cash on hand for campaign operations after debts are counted.  The Republicans have over $129 million cash on hand with zero debt. 

In terms of super-PAC money, the Democrats have $334 million to draw from while Republicans have $1.06 billion.

The funding disparity could not be more obvious, but what is the cause?  What happened to the Democrat’s massive cash apparatus – the same system that raised over $1 billion for the Kamala Harris campaign in 2024?  It’s almost as if the money simply disappeared.

Some theories suggest that institutions like USAID were funneling cash into the DNC through various political NGOs and subsidies.  There is some validity to these claims.

Groups tied to NGO networks like the former Arabella Advisors (which managed large 501(c) funds handling over a billion dollars for advocacy, ballot measures, and political activity) saw scrutiny and restructuring after Donald Trump took office. These management groups contracted support for Democratic-aligned causes, messaging, voter mobilization, and infrastructure.  

One of the biggest supporters of Arabella Advisors was the Bill Gates Foundation, which cut ties with Arabella last year.  Arabella ceased operations in November of 2025 due to investigations into “Dark Money” funding. Interestingly, Democrat coffers have suffered significant declines after Arabella dissolved and rebranded as “Sunflower Services”.  The organization also had numerous overlapping ties to USAID.

It should also be noted that employee contributions from USAID, the Department of Education and other organizations targeted by DOGE cuts were around 95% Democrat.  Huge swaths of the federal bureaucracy have long been run by the far-left.  Presidents come and go, but the bureaucracy is forever.

Beyond the dark money angle, much of the DNC’s losses can be attributed to their own ideologically unhinged leadership.  Kamala Harris, for example, had nearly double the number of billionaire donors and corporate sponsors compared to Donald Trump, yet Trump won the election in a landslide and the Harris camp ended up with $22 million in debt.

Major donors including Bob Kerrigan and Reid Hoffman have pulled back from the DNC after the 2024 disaster, citing lack of faith in leadership and questions over the purpose of the Democratic Party.  

Finally, with the rise of fanatical Democrat Socialist candidates in blue city elections across the US, the Democrat Party is being treated as radioactive.  The more the party doubles down on woke, the less people like or trust them (Get Woke, Go Broke). 

It’s unclear how well Democrats will perform in the mid-term elections this year given their financial problems, but it is often true that any party that can’t get people to vote with their wallets is going to have a hard time getting people to show up at the polls.   

Tyler Durden
Mon, 08/03/2026 – 22:10

Israeli Finance Minister Requests Netanyahu Approve Three Jewish Settlements In Gaza 

Israeli Finance Minister Requests Netanyahu Approve Three Jewish Settlements In Gaza 

Authored by Dave DeCamp via AntiWar.com,

Israeli Finance Minister Bezalel Smotrich on Sunday repeated his call for Israeli Prime Minister Benjamin Netanyahu to approve the establishment of three Jewish settlements in the Gaza Strip, as senior Israeli ministers continue to speak openly about their plans for permanent Israeli control of the Palestinian territory.

Smotrich made the call in a post on X, in which he referenced the withdrawal of settlements from Gaza and from an area of the northern West Bank, which he calls “northern Samaria,” a policy known as the “disengagement.” Israel is re-establishing the settlements in the northern West Bank, and he is calling for the same in Gaza.

via Reuters

In the post, Smotrich referenced the upcoming Israeli elections, warning that a “left-wing” government won’t expand settlements as aggressively.

“Before us stands the choice, between a right-wing government that will continue the momentum of construction and expand it, and a dangerous left-wing government that openly declares its intention to evacuate settlements and outposts and to promote a ‘political agreement,'”7 Smotrich said.

“And from northern Samaria – to Gaza! The Settlement Administration under my leadership is prepared to establish 3 settlements in the northern sector of the Gaza Strip, and I call on the Prime Minister to give the green light to the move. Together we correct the sin of the disengagement,” he added.

Smotrich also holds a ministerial position in the Israeli Defense Ministry, where he oversees the Settlement Administration. He first announced in June that the body had drawn up plans for three settlements in Gaza and was just waiting for the green light from Netanyahu.

Israeli Defense Minister Israel Katz, a member of Netanyahu’s Likud party, has also said that Israel will establish three “Nachala outposts” – a type of settlement that starts as a community for IDF soldiers with the goal of establishing a permanent civilian presence.

Katz recently boasted of the destruction of Gaza cities during a visit to the northern part of the Strip. When asked how the view of the destruction made him feel, the Israeli minister said, “I feel good. Thank God. This is all the result of a deliberate policy aimed at removing threats. Instead of the raid method—going in and out—the IDF is inside, the terrorists are outside, and the houses are destroyed.”

Tyler Durden
Mon, 08/03/2026 – 21:45

SpaceX In “Final Stages” Of Securing New Massive Rocket Launch Site In Louisiana

SpaceX In “Final Stages” Of Securing New Massive Rocket Launch Site In Louisiana

Several Louisiana media outlets report that Elon Musk’s SpaceX is in the “final stages” of securing approximately 130,000 acres on Pecan Island for a massive new spaceport to launch rockets into orbit.

The Times-Picayune reports a source with knowledge about the deal said SpaceX is poised to take control of roughly 130,000 acres at Pecan Island – more specifically, the coastal Vermilion Parish – as part of a settlement resolving long-running coastal lawsuits against ExxonMobil. Gov. Jeff Landry is expected to announce the agreement this month.

The outlet KPEL provided additional details:

Gov. Landry announced a settlement of the coastal lawsuits in June. Under that agreement, filed in the U.S. District Court for the Western District of Louisiana, ExxonMobil is expected to turn over land it has owned in Vermilion Parish since the 1950s, property long leased out for hunting and fishing. The terms have not been made public.

SpaceX would then take control of the site, with provisions built in for coastal restoration and protection, according to a source with knowledge of the deal.

Landry has confirmed the coastal settlement but declined to discuss the SpaceX deal specifically, and Louisiana Economic Development Secretary Susan Bourgeois has offered no comment either. SpaceX hasn’t named Louisiana directly, though the company acknowledged in a social media post that it’s scouting new sites to expand Starship launch operations.

KPEL explained why Pecan Island best fits SpaceX’s launch requirements:

Pecan Island has a permanent population of about 100 people along Louisiana Highway 82. Aerospace experts point to a handful of reasons that sparse setting appeals to SpaceX: deep-water access along the Intracoastal Waterway for barging in rocket hardware, a location roughly midway between the company’s Texas and Florida facilities, and a local supply of natural gas. SpaceX has also told regulators it wants to launch up to a million low-Earth-orbit satellites in the coming years, a plan that will require more launch pads.

Everything Elon Musk blog Elon Chron’s S.E. Robinson, Jr. wrote on X:

SPACEX: Louisiana State Senator Bob Hensgens, who represents Vermilion Parish, confirmed yesterday, ongoing talks between “a space exploration company” and Exxon-Mobil for the potential purchase of 136,000 acres south of Hwy La. 14, west of Intracoastal City, north/south of Pecan Island, extending to Rockefeller Wildlife Refuge in Cameron Parish.

The land is owned by Exxon-Mobil with surface rights managed by Vermilion Corporation. Hensgens could not name the space company, but stated he declined to sign a non-disclosure agreement for transparency purposes.

There is also talk about the possible construction of a coastal levee. The area is prone to hurricanes, so this would be a necessity.

More SpaceX news in today’s ELON CHRON below!

If SpaceX secures the Pecan Island site, it would establish the company’s second major Starship launch complex, alongside Starbase in Boca Chica, Texas, where it already employs 3,400 people. SpaceX is the world’s leading launch provider, beating out entire nation states, and continues to rapidly expand its rocket and AI-driven manufacturing capabilities.

A second SpaceX launch site in Louisiana would be transformative for the state. The project is expected to create thousands of construction jobs during the build-out; although only a fraction of the 130,000-acre site would be developed, the remainder would serve as a safety and environmental buffer. Once operational, the launch, manufacturing, engineering, and support workforce could number in the thousands, establishing a major new aerospace hub along the Gulf Coast.

Tyler Durden
Mon, 08/03/2026 – 21:20

Capital One Cites Anti-Money Laundering Review Over Trump Organization Debanking Claims

Capital One Cites Anti-Money Laundering Review Over Trump Organization Debanking Claims

Authored by Owen Evans via The Epoch Times,

Capital One asked a judge to dismiss a lawsuit brought by the Donald J. Trump Revocable Trust, part of the Trump Organization, claiming that the bank’s 2021 debanking of hundreds of Trump-linked accounts followed an internal anti-money laundering review and not the political discrimination the plaintiffs allege.

President Donald Trump prepares to board Air Force One at Morristown Municipal Airport in Morristown, N.J., on Aug. 2, 2026. Anna Moneymaker/Getty Images

In a motion to dismiss filed on July 31 in the U.S. District Court for the Southern District of Florida before Judge Roy Altman, Capital One said the accounts were terminated after a review by anti-money-laundering experts.

The filing said that “documents and Plaintiffs’ own allegations make clear that Capital One closed Plaintiffs’ accounts for anti-money laundering (AML) reasons.”

“The closures were the result of months of analysis and a careful review by Capital One’s AML team in accordance with bank policies and regulatory guidance,” it added.

Capital One said in the filing that the Trump Organization’s allegations of political pretext were “misguided” and “based on cherry-picked quotations unsupported by the full context” of documents submitted to the court.

It did not accuse the Trump Organization of money laundering.

The case, filed in 2025, focuses on Capital One’s March 2021 decision to close deposit accounts held by the Trump Organization and related entities.

Capital One informed the Trump Organization in March 2021 that “hundreds” of its bank accounts would be closed by June 7, 2021, according to an original lawsuit filed by The Trump Organization and Eric Trump, the president’s son, in Miami-Dade Circuit Court in March 2025.

The plaintiffs said they believed Capital One was harboring “unsubstantiated, woke” beliefs that “it needed to distance itself from President Trump and his conservative political views,” which they alleged motivated the bank to abruptly close the organizations’ accounts.

At the time, Capital One told The Epoch Times that it “has not and does not close customer accounts for political reasons.”

Capital One’s recent filing said the rules governing the accounts allow it to “close any account in our sole discretion at any time for any or no reason.”

Capital One’s first attempt to dismiss the case, filed in May 2025, was withdrawn after the plaintiffs filed an amended complaint the following month.

Its second attempt succeeded in March this year, when a judge dismissed the case but gave the plaintiffs another chance to refile.

Capital One is now asking the court to dismiss the current complaint and said that the latest version “suffers from the same fundamental flaws as their prior two pleadings.”

President Donald Trump also filed a lawsuit against JPMorgan Chase in January over alleged debanking.

Alejandro Brito, the president’s personal attorney, filed a $5 billion lawsuit on Jan. 22 in Miami’s Florida state court on behalf of the president and his hospitality companies.

Following the January 2021 breach of the U.S. Capitol, the largest bank in the United States shuttered the accounts of Trump and his related entities.

JPMorgan told The Epoch Times that the case “has no merit.”

Trump signed an executive order in August 2025 to stop banks from denying people financial services because of their political or religious beliefs, a practice known as debanking.

According to a White House fact sheet, the executive order requires federal banking regulators to investigate whether banks have engaged in “politicized or unlawful debanking” and to issue penalties such as “fines or consent decrees.”

The order also directs regulators to remove terms such as “reputational risk” from their guidance – language that has allegedly been used to justify debanking.

The Trump Organization and Capital One did not immediately respond to The Epoch Times’ requests for comment.

Troy Myers, Andrew Moran, and Emel Akan contributed to this report.

Tyler Durden
Mon, 08/03/2026 – 20:55

“Spider-Man: Brand New Day” Crushes Woke Odyssey Film At Box Office

“Spider-Man: Brand New Day” Crushes Woke Odyssey Film At Box Office

Hollywood pulled out all the stops for “The Odyssey” – They relied heavily on director Christopher Nolan’s built-in and generally pretentious audience to drive early box office revenues. 

The hype machine was running non-stop for months before the release.  The distributor’s focused heavily on IMAX ticket sales, which cost more than double a normal theater ticket. They attempted to hide the woke content of the film from the public for as long as possible (an ancient Greek epic with no Greeks, featuring black, Asian, Hispanic and trans actors with a story that deconstructs the hero’s journey of Odysseus, making him into a broken shell of a man.  Historical inaccuracies and modernization are rampant in the movie.

Critical websites also froze the audience ratings above 95% by rejecting most negative reviews. 

Despite all of this, The Odyssey’s early box office was not impressive compared to most blockbuster movies.  It didn’t even break the top 60 movies for opening weekend revenues (adjusted for inflation).  The political left rushed onto social media to declare victory, claiming that “Get Woke, Go Broke is over”. 

Then, Spider Man: Brand New Day opened and ate The Odyssey’s lunch, showing how a real blockbuster is supposed to perform.  

For its opening weekend, Spider Man raked in $927 million worldwide – Compare that to The Odyssey’s $264 million global box office for the first weekend. Spider Man crushed The Odyssey without trying.  Spider Man is projected to make around $2.5 billion in the next few weeks while Nolan’s movie is struggling to hit $1 billion.  If Nolan had made a non-woke movie, maybe he would have had better numbers.

The Odyssey’s theater take sounds like a success, despite being easily surpassed by Spider Man.  However, with all the bluster over the film’s “woke triumph”, leftists are avoiding an inconvenient truth: The Odyssey has yet to make a single penny in raw profit.  

Nolan’s woke translation has brought in $911 million after three weeks, but it needs around $950 million just to break even.  This is accounting for marketing costs, theaters taking their 50% cut, and Nolan taking his own 20% cut of revenues as part of his contract.  Will the Odyssey break even?  Probably, but Universal Studios will be straining to make any meaningful profit from the production.

Nolan will be laughing all the way to the bank, but distributors will not be as fortunate.  Spider Man has already surpassed the break even point and made a profit.

In the end, The Odyssey will represent nothing more than a woke vanity project for a director who is fading in talent. Nolan says he may be taking several years away from the business after Odyssey, which means Hollywood expended all its ammunition on one last stand.   

The Hollywood model has long been to force progressive content on audiences while ignoring public pleas for less propaganda.  In the minds of the elites, the masses must be conditioned over time to accept wokeness.  They believe that if they saturate the market for long enough, movie-goers will eventually capitulate and accept woke as the new normal.  This has not happened. 

Instead, nearly every woke movie and streaming series has failed, losing the industry billions in cumulative production costs.  Studios have been forced in the past couple of years to return to less political messaging and more classic entertainment. 

The Odyssey is a defiant rebellion, specifically designed as a vehicle to revitalize the Hollywood argument in favor of woke content.  Yet, compared to non-woke movies, the profit margin is looking dismal.

The political left never learns, they only double down on failure and convince themselves that their own propaganda is reality.  Even if one considers The Odyssey a “success” for making it’s money back, how many woke movies can Christopher Nolan possibly direct?  One every few years?  No other director has a similar simp audience to lean on. 

Meaning, The Odyssey is likely the last gasp, the death rattle of far-left content gaining any momentum in theaters for years to come.  One woke movie breaking even does not make up for hundreds of box office disasters.     

Tyler Durden
Mon, 08/03/2026 – 20:30