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Red States Fight Growing Efforts To Give “Basic Income” Cash To Residents

Red States Fight Growing Efforts To Give “Basic Income” Cash To Residents

By Kevin Hardy of Stateline

South Dakota state Sen. John Wiik likes to think of himself as a lookout of sorts — keeping an eye on new laws, programs and ideas brewing across the states.

“I don’t bring a ton of legislation,” said Wiik, a Republican. “The main thing I like to do is try and stay ahead of trends and try and prevent bad things from coming into our state.”

This session, that meant sponsoring successful legislation banning cities or counties from creating basic income programs, which provide direct, regular cash payments to low-income residents to help alleviate poverty.

While Wiik isn’t aware of any local governments publicly floating the idea in South Dakota, he describes such programs as “bureaucrats trying to hand out checks to make sure that your party registration matches whoever signed the checks for the rest of your life.”

The economic gut punch of the pandemic and related assistance efforts such as the expanded child tax credit popularized the idea of directly handing cash to people in need. Advocates say the programs can be administered more efficiently than traditional government assistance programs, and research suggests they increase not only financial stability but also mental and physical health.

Still, Wiik and other Republicans argue handing out no-strings-attached cash disincentivizes work — and having fewer workers available is especially worrisome in a state with the nation’s second-lowest unemployment rate.

South Dakota is among at least six states where GOP officials have looked to ban basic income programs.

The basic income concept has been around for decades, but a 2019 experiment in Stockton, California, set off a major expansion. There, 125 individuals received $500 per month with no strings attached for two years. Independent researchers found the program improved financial stability and health, but concluded that the pandemic dampened those effects.

GOP lawmakers like Wiik fear that even experimental programs could set a dangerous precedent.

“What did Ronald Reagan say, ‘The closest thing to eternal life on this planet is a government program’?” Wiik said. “So, if you get people addicted to just getting a check from the government, it’s going to be really hard to take that away.”

The debate over basic income programs is likely to intensify as blue state lawmakers seek to expand pilot programs. Minnesota, for example, could become the nation’s first to fund a statewide program. But elected officials in red states are working to thwart such efforts — not only by fighting statewide efforts but also by preventing local communities from starting their own basic income programs.

Democratic governors in Arizona and Wisconsin recently vetoed Republican legislation banning basic income programs.

Last week, Texas Attorney General Ken Paxton sued Harris County to block a pilot program that would provide $500 per month to 1,900 low-income people in the state’s largest county, home to Houston.

Paxton, a Republican, argued the program is illegal because it violates a state constitutional provision that says local governments cannot grant public money to individuals.

Harris County Attorney Christian Menefee, a Democrat, called Paxton’s move “nothing more than an attack on local government and an attempt to make headlines.”

Meanwhile, several blue states are pushing to expand these programs.

Washington state lawmakers debated a statewide basic income bill during this year’s short session. And Minnesota lawmakers are debating whether to spend $100 million to roll out one of the nation’s first statewide pilot programs.

“We’re definitely seeing that shift from pilot to policy,” said Sukhi Samra, the director of Mayors for a Guaranteed Income, which formed after the Stockton experiment.

So far, that organization has helped launch about 60 pilot programs across the country that will provide $250 million in unconditional aid, she said.

Despite pushback in some states, Samra said recent polling commissioned by the group shows broad support of basic income programs. And the programs have shown success in supplementing — not replacing — social safety net programs, she said.

The extra cash gives recipients freedom of choice. People can fix a flat tire, cover school supplies or celebrate a child’s birthday for the first time.

“There’s no social safety net program that allows you to do that.” she said. “ … This is an effective policy that helps our families, and this can radically change the way that we address poverty in this country.”

Basic Income Experiments

The proliferation of basic income projects has been closely studied by researchers.

Though many feared that free cash would dissuade people from working, that hasn’t been the case, said Sara Kimberlin, the executive director and senior research scholar at Stanford University’s Center on Poverty and Inequality.

Stanford’s Basic Income Lab has tracked more than 150 basic income pilots across the country. Generally, those offer $500 or $1,000 per month over a short period.

“There isn’t anywhere in the United States where you can live off of $500 a month,” she said. “At the same time, $500 a month really makes a tremendous difference for someone who is living really close to the edge.”

Kimberlin said the research on basic income programs has so far been promising, though it’s unclear how long the benefits may persist once programs conclude. Still, she said, plenty of research shows how critical economic stability in childhood is to stability in adulthood — something both the basic income programs and the pandemic-era child tax credit can address.

Over the past five years, basic income experiments have varied across the country.

Last year, California launched the nation’s first state-funded pilot programs targeting former foster youth.

In Colorado, the Denver Basic Income Project aimed to help homeless individuals. After early successes, the Denver City Council awarded funding late last year to extend that program, which provides up to $1,000 per month to hundreds of participants.

A 2021 pilot launched in Cambridge, Massachusetts, provided $500 a month over 18 months to 130 single caregivers. Research from the University of Pennsylvania found the Cambridge program increased employment, the ability to cover a $400 emergency expense, and food and housing security among participants.

Children in participating families were more likely to enroll in Advanced Placement courses, earned higher grades and had reduced absenteeism.

“It was really reaffirming to hear that when families are not stressed out, they are able to actually do much better,” said Geeta Pradhan, president of the Cambridge Community Foundation, which worked on the project.

Pradhan said basic income programs are part of a national trend in “trust-based philanthropy,” which empowers individuals rather than imposing top-down solutions to fight poverty.

“There is something that I think it does to people’s sense of empowerment, a sense of agency, the freedom that you feel,” she said. “I think that there’s some very important aspects of humanity that are built into these programs.”

While the pilot concluded, the Cambridge City Council committed $22 million in federal pandemic aid toward a second round of funding. Now, nearly 2,000 families earning at or below 250% of the federal poverty level are receiving $500 monthly payments, said Sumbul Siddiqui, a city council member.

Siddiqui, a Democrat, pushed for the original pilot when she was mayor during the pandemic. While she said the program has proven successful, it’s unclear whether the city can find a sustainable source of funding to keep it going long term.

States look to expand pilots

Tomas Vargas Jr. was among the 125 people who benefited from the Stockton, California, basic income program that launched in 2019.

At the time, he heard plenty of criticism from people who said beneficiaries would blow their funds on drugs and alcohol or quit their jobs.

“Off of $500 a month, which amazed me,” said Vargas, who worked part time at UPS.

But he said the cash gave him breathing room. He had felt stuck at his job, but the extra money gave him the freedom to take time off to interview for better jobs.

Unlike other social service programs like food stamps, he didn’t have to worry about losing out if his income went up incrementally. The cash allowed him to be a better father, he said, as well as improved his confidence and mental health.

The experience prompted him to get into the nonprofit sector. Financially stable, he now works at Mayors for a Guaranteed Income.

“The person I was five years ago is not the person that I am now,” he said.

Washington state Sen. Claire Wilson, a Democrat, said basic income is a proactive way to disrupt the status quo maintained by other anti-poverty efforts.

“I have a belief that our systems in our country have never been put in place to get people out of them,” she said. “They kept people right where they are.”

Wilson chairs the Human Services Committee, which considered a basic income bill this session that would have created a pilot program to offer 7,500 people a monthly amount equivalent to the fair market rent for a two-bedroom apartment in their area.

The basic income bill didn’t progress during Washington’s short legislative session this year, but Wilson said lawmakers would reconsider the idea next year. While she champions the concept, she said there’s a lot of work to be done convincing skeptics.

In Minnesota, where lawmakers are considering a $100 million statewide basic income pilot program, some Republicans balked at the concept of free cash and its cost to taxpayers.

“Just the cost alone should be a concern,” Republican state Rep. Jon Koznick said during a committee meeting this month.

State Rep. Athena Hollins, a Democrat who sponsored the legislation, acknowledged the hefty request, but said backers would support a scaled-down version and “thought it was really important to get this conversation started.”

Much of the conversation in committee centered on local programs in cities such as Minneapolis and St. Paul. St. Paul Mayor Melvin Carter, a Democrat, told lawmakers the city’s 2020 pilot saw “groundbreaking” results.

After scraping by for years, some families were able to put money into savings for the first time, he said. Families experienced less anxiety and depression. And the pilot disproved the “disparaging tropes” from critics about people living in poverty, the mayor said.

Carter told lawmakers that the complex issue of economic insecurity demands statewide solutions.

“I am well aware that the policy we’re proposing today is a departure from what we’re all used to,” he said. “In fact, that’s one of my favorite things about it.”

Tyler Durden
Tue, 04/16/2024 – 22:20

Where Highly Educated Migrants Come From

Where Highly Educated Migrants Come From

Voters in India are getting set to head to the polls this weekend, in what has been dubbed the world’s biggest election.

Nearly 1 billion people are eligible to determine whether Narendra Modi, leader of the Bharatiya Janata Party (BJP), will rule the country for a third consecutive term.

Statista’s Katharina Buchholz reports that,according to data from a Statista Consumer Insights survey, one of the major challenges facing the country right now  is that of unemployment.

This will be a major sticking point for younger voters.

With often better opportunities abroad, the country is losing valuable talent. And it’s not alone, as OECD data reveals. In fact, in 2015/2016 – the latest year on record – 40 million highly educated migrants were living in OECD member countries. While skilled migrants are certainly welcomed by labor markets in most developed nations especially in times of falling birth rates, the migration of the educated can also have a detrimental effect on their home countries – often described as brain drain.

Infographic: Where Highly Educated Migrants Come From | Statista

You will find more infographics at Statista

As seen in the numbers, China and India had sent the most highly skilled migrants abroad as of the latest available date.

Yet, compared to the size of their populations, the numbers are comparably low. Other major brain drain locations have lost many more talented workers in relative terms, for example the Philippines, Poland, Mexico and Russia.

The Philippines have been known for supplying the world with health care professionals, especially nurses. Many of these highly skilled professionals emigrate to the U.S., forming the third-most important skilled labor emigration corridor of the OECD behind Mexican and Indian migration to the United States.

As a result, 14.3 percent of highly skilled Filipinos had emigrated to the OECD as of 2015/16. This rate is even higher in small or isolated developing economies.

In Caribbean state Guyana, almost 71 percent of the highly educated had left for the OECD, compared with 66 percent in Trinidad and Tobago and 63 percent in Mauritius.

Tyler Durden
Tue, 04/16/2024 – 22:00

A Generation Lost To Climate Anxiety

A Generation Lost To Climate Anxiety

Authored by David Zaruk via RealClear Politics,

In a far-reaching new essay in The New Atlantis, the environmental researcher Ted Nordhaus makes a damning and authoritative case that while the basic science of CO2 and climate is solid, it has been abused by the activist class in service of a wildly irresponsible and unscientific climate catastrophism.

This reckless alarmism, saturated across the mainstream media and endlessly amplified by it, has had profound societal consequences. It has both distorted public understanding of the massive benefits the carbon economy makes possible and grossly exaggerated the risks of extreme events it allegedly makes more likely. 

As a result it has rendered reasonable debate on climate policy impossible, even as it has given cynical politicians an easy scapegoat for every social ill, drawing attention away from regulatory and institutional failures and laying blame instead at the feet of fossil fuel companies and other evil “emitters.” 

Perhaps most perniciously, as Nordhaus details, the doomsday prophesying of climate extremists has created hardened skeptics on one side who are increasingly suspicious of all public “expertise”, while at the same time infecting true believers on the other side with a crippling, pathological fatalism that has come to be referred to as “climate anxiety.”

Climate Anxiety

If there’s any flaw in Nordhaus’ damning and comprehensive analysis it’s that he undersells just how much damage the advent of “climate anxiety” has done already—and how much more it’s likely to do in years to come.

Yes, there’s the obvious cases of obnoxious and lawbreaking behavior, from climate iconoclasts defacing priceless works of art, to interrupting Broadway shows and sporting events, to gluing themselves to buses and holding up traffic on major thoroughfares.

But it runs much deeper than that.

Consider recent headlines: From Vox: “What to do when you’re completely overwhelmed by climate anxiety.” From The Guardian: “Climate anxiety adds to teenagers’ fears.” And the New York Times: “How Climate Change is Changing Therapy.” And perhaps most depressing of all, from the BBC: “Climate anxiety: ‘I don’t want to burden the world with my child.” The trend is so wide now that they have given it a name: birth strike.

And the data backs up the headlines—like the recent Finnish study of 6,000 subjects that showed people with “woke” beliefs have higher rates of depression. 

Developed countries are already facing real increases in mental health issues, many of them human-made and bound up in everything from the opioid crisis to the COVID pandemic. The manufacture of climate anxiety as an issue allegedly on par with those others is a dangerous distraction that draws resources away from solving these other mental health challenges.  

Innovative Solutions or More Activism?

Most of the real action on forestalling or mitigating the negative externalities created by the carbon economy is happening within industry itself. But instead of fueling a new generation of innovators and entrepreneurs to help produce these better, cleaner technologies, climate catastrophism has Gen Z curled up in a collective ball, while the likes of NPR tells its privileged listeners to “Let yourself feel the feelings — all of them” about our coming climate doom.  

Influencers like Greta Thunberg are motivating the young to pursue careers in political activism instead of research and innovation. It is easier to make the world angry through protest than to make it better by finding solutions.

Climate fear-mongering has created a dread so powerful it’s putatively putting people off of having children altogether, at a time when advanced countries are already facing precipitously declining fertility rates.

This bleak picture raises the question of exactly what’s in it for the eco-extremist purveyors of gloom. For Nordhaus, it’s akin to a religious mission. “Apocalyptic claims about an unfolding emergency, rather, serve a millenarian agenda”, he writes, “that variously demands that we abolish capitalism, bring about an end to economic growth, power the global economy entirely with wind and solar energy, feed the global population only with small-scale organic agriculture, and cut global emissions in half over the next decade or two.”

He doesn’t need to add that actually enacting that list of prescriptions would be both extremely unwise and largely impossible (and catastrophic). 

Political Opportunism

Nordhaus doesn’t go far enough. Because it doesn’t really matter whether drastic policy proposals would actually work if the real goal is just acquiring enough political power to dictate them. 

Left-wing political leaders have been using the specter of a “climate emergency” to justify the expansion of their powers for years—limiting consumer choice with product bans, picking winners and losers with boondoggle subsidies, and using lawfare to try and put energy companies out of business by abusing “public nuisance” laws, just to name a few. 

Even the political right is getting in on the action. Just recently a bipartisan group of U.S. Senators introduced the PROVE IT Act, a bill that pairs the Democrats’ long love of climate panic with Republicans’ newfound love of protectionism and industrial policy.

Anyone who is paying close enough attention knows that these kinds of power plays are cynical, shortsighted, and counterproductive, but what we are collectively starting to realize is how much they’ve been enabled by the literal derangement of generations of well-intentioned folks by climate catastrophism.

The bitter irony is that there is good evidence the climate “experts” know better—like a recent study of 2,066 people that found that higher levels of scientific knowledge about the environment and climate change was associated with less climate anxiety.

When the famous teenage eco-activist Greta Thunberg snarled and sobbed at a UN climate conference that those in power had “stolen her childhood” she was absolutely right – just not in the way she thought…

All is not Lost

As the media reported children weeping in the streets during highly managed Extinction Rebellion or Just Stop Oil campaigns, shouldn’t there be some other direction for us to take? How can we motivate the next generation to be a force for innovation and positive change rather than feed them a steady diet of nihilism, hate, and anxiety? There are certain things that can be done to frame the future of humanity in a more positive light. 

Here are some ideas on how to stop malignant activism from eroding the hopes of humanity:

  • Young people need positive mentors who are standing up to the pessimism with positive solutions. Scientists, professors, influencers need to focus on developing answers rather than acrimony.

  • Positive stories need to be told. While the media focused on Greta as she sucked the hope out of the youth, other young people, like Boyan Slat, whose Ocean Cleanup achievements were legitimately inspirational, were largely ignored. Too bad the media is now funded largely by climate catastrophe foundations that promulgate pessimism. A new approach to media reporting, more transparent, more balanced, is overdue.

  • Tech, business, and medical research sectors have venture capitalists who provide competitions and seed capital for young innovators to develop their ideas. Many recipients leave university to develop their ideas into successful companies. Very little like this exists for environmental health researchers. Rather there are a large number of bitter, under-funded postdocs who amplify the negativism.

  • Tort reform in the US is necessary. Nordhaus highlighted how law firms were benefiting from the amplified public hatred of fossil fuel companies. Their lucrative anonymous payments to scientists, NGOs, foundations, filmmakers and the media via dark, donor-advised funds is poisoning an already toxic political arena.

  • There needs to be better communication on the achievements and success stories of capitalism. The idea that the only solution to these climate challenges is to dismantle industry, restrict global trade, and block free markets is simply ludicrous.

These are a few of the necessary steps to help the public find a balance between humanity and environmental concerns. On climate issues, there needs to be more hope than horror, more imagination than resignation, and more inspiration than anxiety. With better stories and more responsible storytellers, the climate narrative can be reshaped from one of bitter acrimony to a challenge for innovators to once again push humanity forward.

Tyler Durden
Tue, 04/16/2024 – 21:40

When Is The Social Security Trust Fund Running Out?

When Is The Social Security Trust Fund Running Out?

A social safety net is synonymous with a failsafe for many, but in the case of the U.S. Social Security system, additional action is needed to ensure it stays that way.

The annual OASDI trustees report by the Social Security Administration, covering old-age, survivors and disability insurance, shows that under the present circumstances, the asset reserve dedicated to the benefit program could be depleted sooner rather than later.

As Statista’s Katharina Buchholz reports, under the report’s intermediate scenario, asset funds would run out sometime in 2034, while this could happen as soon as 2031 if the administration was to shoulder a high volume of costs in the upcoming years.

Under the low-cost scenario, the fund could remain solvent until 2066. The intermediate date was moved forward in the course of the COVID-19 pandemic, which seriously diminished Social Security’s income in payroll taxes.

Infographic: When Is the Social Security Trust Fund Running Out? | Statista

You will find more infographics at Statista

The system’s expenditures have been above its income for some time – with the difference being taken out of the asset fund and the interest it creates – but the gap has been widening over the years.

As Baby Boomers retire and Americans are having fewer children, the balance between those who are working and funding social security and those who are receiving old age, survivor or disability benefits continues to tip.

 2021 marked the first year when interest earned on the fund could no longer bridge social security’s spending gap, sending the asset reserve into a downward spiral.

Because Social Security services are funded by the payroll tax on a pay-as-you-go basis, the income-cost gap equals the amount the administration would no longer be able to pay out if the fund would in fact be depleted. In order to stop funds from running low, Congress would have to act to provide additional revenue to Social Security, for example by raising the dedicated payroll tax, to lower its cost by cutting benefits or attempt a combination of both.

Tyler Durden
Tue, 04/16/2024 – 21:20

Idaho Supreme Court Upholds Ban On Student IDs For Voting

Idaho Supreme Court Upholds Ban On Student IDs For Voting

Authored by Chase Smith via The Epoch Times (emphasis ours),

The Supreme Court of Idaho on Thursday, April 11, upheld recent legislative amendments to the state’s voter identification requirements, affirming a lower court’s ruling in favor of the Idaho Secretary of State, Phil McGrane, which eliminated the use of student IDs for voter registration and in-person voting.

The unanimous ruling came in light of the suit filed by two voter advocacy groups last year, claiming two pieces of legislation disproportionately affected young and out-of-state college voters, infringing upon their right to vote and violating equal protection under the Idaho Constitution.

The opinion of the court said, in part, “we conclude House Bills 124 and 340 are reasonable exercises of the legislature’s authority to enact conditions on the right of suffrage under Article VI, section 4 of the Idaho Constitution.”

The Idaho State Capitol building in Boise, Idaho, in a file photo. (Carlos A Torres/Shutterstock)

The Bills and Legal Arguments

House Bill 124 removed student IDs as acceptable proof of identity at polling places, while House Bill 340 revised the identification needed for voter registration, eliminating the option to use the last four digits of a social security number.

Instead, voters must now present a current Idaho driver’s license, a U.S. passport, a tribal identification card, or a concealed weapon license.

In their lawsuit, BABE VOTE and the League of Women Voters, the two voter advocacy groups, claimed these changes would unduly burden young voters and out-of-state students in Idaho, constituting an unequal and heightened burden on their fundamental right to vote.

Justice Robyn Brody, writing for the court, detailed that while voting is a fundamental right protected by the Idaho Constitution, the legislature is granted authority to prescribe reasonable qualifications and conditions on voter registration and voting.

The court held that the changes enacted by House Bills 124 and 340 did not infringe upon the constitutional rights to vote and were appropriately within the legislature’s scope to ensure the integrity and efficiency of elections.

In part, the court also found the groups’ arguments for lack of standing as un-persuasive when reviewing it with a strict lens, but said with a lenient view the groups did have standing.

“While it may be an inconvenience for Plaintiffs, having to ’re-educate‘ voters and volunteers about changes in the law is not the ’concrete and demonstrable’ injury,” Justice Brody wrote. “Indeed, the mission of these organizations is voter education. We agree with the Secretary that educating voters about the need to produce identification at the polls is not a new harm; it is part of the organizations’ mission; thus, it is not a sufficient basis to invoke organizational standing.”

The court, when applying a rational basis review, the most lenient standard of judicial scrutiny, concluded that the legislative amendments were “rationally related to legitimate government interests” such as maintaining election integrity and updating voter identification processes to reflect current standards.

Reaction to the Decision

The decision has been met with mixed reactions. Supporters of the bills argue that the updated laws strengthen the security and reliability of Idaho’s electoral process. Critics, however, maintain that the laws could suppress voter turnout among young and transient populations, particularly affecting students.

We are pleased to see that the Idaho Supreme Court recognizes the importance of voting and that access to voting and the security of our elections are not competing objectives,” Mr. McGrane said in a post on X. “Voters can have confidence in Idaho’s elections.”

The plaintiffs argued that they did not get their day in court and that “justice has been denied” following the court’s ruling.

“Citizens’ right to vote is fundamental to our democratic republic,” the groups said in a statement posted to X. “This legislature has tried virtually everything in its power to prevent young, disabled, homebound, and working class Idahoans from exercising that right. Since these laws were enacted, BABE VOTE and the League of Women Voters of Idaho have been unable to help approximately 20% of legally eligible Idahoans from completing their voter registrations. Today’s ruling validates this voter suppression and undermines democracy in Idaho.”

The groups went on to say that they would do “everything in [their] power” to register as many voters as possible under “difficult” and “impossible” conditions of Idaho’s voter laws.

“While the state may have won in court today, they have not won this battle,” the groups added in their statement. “Today, we are mobilizing students on high school and college campuses across Idaho and the country to register, educate, and turn out young people in record numbers, starting with the primaries this May.”

Tyler Durden
Tue, 04/16/2024 – 21:00

Shadowy Mayorkas-Linked NGO In Mexico Tells Border Invaders To “Vote Biden”

Shadowy Mayorkas-Linked NGO In Mexico Tells Border Invaders To “Vote Biden”

The Heritage Foundation’s Oversight Project posted an image on X of what they say is a flyer from a non-governmental organization operating in Mexico encouraging migrants to vote for President Biden once they arrive in the United States.

“Reminder to vote for President Biden when you are in the United States. We need another four years of his term to stay open,” part of the flyer read. 

The Oversight Project said the flyer was initially discovered by a Muckraker journalist while touring the site of Resource Center Matamoras in Mexico. 

“They [flyers] also appear to be handed out when illegal aliens use the RCM for assistance in coming to the USA,” the group said. 

RCM founder Gaby Zavala told one of Muckraker’s journalists that she is trying to flood the US with as many illegal aliens as possible before former President Trump is reelected. 

“RCM bills itself as an operation which houses functions for Hebrew Immigrant Aid Society (HIAS), which helps illegal aliens enter the United States,” Oversight Project said, adding that disgraced Homeland Security Secretary Alejandro Mayorkas “is a former board member of HIAS, which received numerous grants from Soros’ Open Society Foundation over the years.” 

RCM has connections with Soros-funded non-profits operating across the US.

Meanwhile, new documents from Judicial Watch show Mayorkas has met with NGOs facilitating the border invasion. 

We can’t imagine anything more ridiculously corrupt… 

Oversight Project concludes:

Since the Biden administration opened the floodgates, 10 million illegal immigrants invaded the nation. A complex web of NGOs is facilitating the border invasion while the administration looks the other way. 

We have reported:

Meanwhile, in Mexico… 

“A lot of Americans don’t understand just how much Mayorkas is in bed with open borders lobby,” Nate Hochman, senior advisor of America 2100, wrote on X. 

One X user asked: “Is this not racketeering in addition to election interference?” 

Tyler Durden
Tue, 04/16/2024 – 20:44

China’s Crude Oil Imports Hit A Record High In 2023

China’s Crude Oil Imports Hit A Record High In 2023

By Tom Kool of OilPrice.com

China’s crude oil imports hit a record high in 2023, rising by 10% year-over-year and breaking the previous record from 2020 when the world’s top crude oil importer took advantage of the price crash to gorge on cheap crude.

Last year, China’s crude oil imports averaged 11.3 million barrels per day (bpd), up by 10% compared to 2022, according to Chinese customs data compiled by Bloomberg and the U.S. Energy Information Administration (EIA).

After China lifted the Covid-related restrictions in early 2023, Chinese refiners boosted imports to record-high levels last year, to support transportation fuel demand and produce feedstocks for China’s growing petrochemical industry, the EIA noted in an analysis published on Tuesday.

Russia, thanks to cheaper crude supply, was China’s top source of crude imports last year, the data showed. Russia was also the supplier whose crude sales in China jumped the most.   

In 2023, Russia, Saudi Arabia, and Iraq were China’s main sources of crude oil imports. Compared with 2022, China’s 2023 crude oil imports increased the most from Russia, Iran, Brazil, and the United States.

Between 2019 and 2021, Saudi Arabia was China’s top crude oil supplier, with Russia second with 15% of Chinese imports.

In 2023, Russia was China’s top source of crude oil imports, supplying 19% of China’s crude oil imports, which averaged 2.1 million bpd, the EIA said.

The surge in Chinese crude oil imports from Russia was the result of discounted Russian prices due to the Western sanctions and price caps on Russia’s crude.

While China bought large additional volumes of crude from Russia, it reduced imports from Western Europe, notably from Norway and the UK, due to the higher prices of Western European crudes compared to the discounts on Russian oil, the data showed.  

This year, China has continued to import large volumes of crude from Russia, despite only a 0.7% increase in overall Chinese crude imports in January to March 2024. Much of the increase in Chinese crude oil imports in recent weeks has been due to cheap abundant flows of Russian crude, which – hampered en route to India by the U.S. sanctions – has found a home in the world’s top crude oil importer, analysts say. 

Tyler Durden
Tue, 04/16/2024 – 19:40

The Evolution Of Intelligence

The Evolution Of Intelligence

The expert consensus is that human-like machine intelligence is still a distant prospect, with only a 50-50 chance that it could emerge by 2059.

But what if there was a way to do it in less than half the time?

Visual Capitalist partnered with VERSES for the final entry in our AI Revolution Series to explore a potential roadmap to a shared or super intelligence that reduces the time required to as little as 16 years.

Active Inference and the Future of AI

The secret sauce behind this acceleration is something called active inference, a highly efficient model for cognition where beliefs are continuously updated to reduce uncertainty and increase the accuracy of predictions about how the world works.

 An AI built with this as its foundation would have beliefs about the world and would want to learn more about it; in other words, it would be curious. This is a quantum leap ahead of current state-of-the-art AI, like OpenAI’s ChatGPT or Google’s Gemini, which once they’ve completed their training, are in essence frozen in time; they cannot learn. 

At the same time, because active inference models cognitive processes, we would be able to “see” the thought processes and rationale for any given AI decision or belief. This is in stark contrast to existing AI, where the journey from prompt to response is a black box, with all the ethical and legal ramifications that that entails. As a result, an AI built on active inference would engender accountability and trust.

The 4 Stages of Artificial Intelligence

Here are the steps through which an active-inference-based intelligence could develop:

  1. Systemic AI responds to prompts based on probabilities established during training: i.e. current state-of-the-art AI.

  2. Sentient AI is quintessentially curious and uses experience to refine beliefs about the world. 

  3. Sophisticated AI makes plans and experiments to increase its knowledge of the world. 

  4. Sympathetic AI recognizes states of mind in others and ultimately itself. It is self-aware.  

  5. Shared or Super AI is a collective intelligence emerging from the interactions of AI and their human partners.

Stage four represents a hypothetical planetary super-intelligence that could emerge from the Spatial Web, the next evolution of the internet that unites people, places, and things. 

A Thoughtful AI for the Future?

With AI already upending the way we live and work, and former tech evangelists raising red flags, it may be worth asking what kind of AI future we want? One where AI decisions are a black box, or one where AI is accountable and transparent, by design.

VERSES is developing an explainable AI based on active inference that can not only think, but also introspect and explain its “thought processes.”

Tyler Durden
Tue, 04/16/2024 – 19:20

Coalition Of Attorneys General File Amicus Brief Defending Ken Paxton And His Top Deputy

Coalition Of Attorneys General File Amicus Brief Defending Ken Paxton And His Top Deputy

Authored by Jana J. Pruet via The Epoch Times (emphasis ours),

A national coalition of 18 state attorneys general filed an amicus brief to defend Texas Attorney General Ken Paxton’s First Assistant Attorney General Brent Webster in a lawsuit initiated by the State Bar of Texas.

“The State Bar of Texas’s Commission for Lawyer Discipline attempted to censure Attorney General Paxton and First Assistant Attorney General Webster for taking action over genuine concerns of unconstitutional conduct by states during the 2020 election,” Mr. Paxton’s office wrote in a press release on Monday.

Texas Attorney General Ken Paxton (C) talks to reporters with Missouri Attorney General Eric Schmitt (2nd L) and Texas Solicitor General Judd Stone (R) in front of the U.S. Supreme Court in Washington on April 26, 2022. (Chip Somodevilla/Getty Images)

The brief was filed on Friday in response to complaints against the state’s top attorney and his top deputy for their decision to file the “landmark” case known as Texas v. Pennsylvania. Mr. Webster authored the petition contesting the 2020 presidential election results to the U.S. Supreme Court.

“Neither the State Bar nor this Court is an appropriate forum for what is ultimately a political fight,” the group of attorneys general wrote in the brief. “And while it is, of course, true that the Attorney General is subject to general rules of professional conduct, those rules cannot be used to limit discretionary authority conferred by a State Constitution. Nor can they be weaponized to undermine the will of the voters who elected the Attorney General in the first place.”

Montana AG Austin Knudsen, who led the coalition, said the commission’s complaint threatens the constitutional authority of elected officials.

The weaponization of the bar complaint process undermines the constitutional authority of elected officials and the will of the voters,” Mr. Knudsen told the Daily Caller. “I’m glad I could support Attorney General Ken Paxton in this instance as a number of attorneys general, including me, are facing similar attacks from their political adversaries. just for doing their jobs.”

The coalition argues that the issue is not about the alleged misconduct but whether the court will allow state bars to take action against those with whom they disagree politically.

“The real question in this case is not whether the alleged misrepresentations amount to violation of the rules of professional conduct,” the court document reads. “Instead, it is whether courts will permit the politicization of the State Bars and weaponization of disciplinary rules against elected executive officers discharging their constitutional duties.

The Supreme Court of Texas will likely be the first to consider that question. It should be a resounding ‘No.’”  

The attorneys general argue that allowing the case to move forward will encourage further bar complaints made for the purpose of “obstructing the ability of attorneys general and their staff to carry out their constitutional responsibilities.”

They are asking the Texas Supreme Court to reverse the decision of the appeals court.

“The Court should grant the petition, reverse the court of appeals’ decision, and render judgment on behalf of the First Assistant,” the document states.

Here is a list of the other 17 attorneys general who signed on to the amicus brief:

  • Alabama AG Steve Marshall
  • Alaska AG Treg Taylor
  • Florida AG Ashley Moody
  • Idaho AG Raúl Labrador
  • Indiana AG Theodore Rokita
  • Iowa AG Brenna Bird
  • Kansas AG Kris Kobach
  • Louisiana AG Liz Murrill
  • Mississippi AG Lynn Fitch
  • Missouri AG Andrew Bailey
  • Nebraska AG Michael Hilgers
  • North Dakota AG Drew Wrigley
  • Oklahoma AG Gentner Drummond
  • South Carolina AG Alan Wilson
  • South Dakota AG Marty Jackley
  • Utah AG Sean Reyes
  • West Virginia AG Patrick Morrisey

Mr. Paxton said the state bar’s attempts to punish him and Mr. Webster will not stop them from defending the Constitution.

“Thank you to my fellow attorneys general for siding with law and order,” Mr. Paxton said in a statement.

“The State Bar is using a disgraceful tactic: weaponizing politically motivated lawfare to intimidate elected leaders and their staff from upholding the Constitution when it inconveniences their political agenda. This attempt to punish First Attorney General Webster and me for standing up for our country, our State, and our citizens will not succeed.”

Tyler Durden
Tue, 04/16/2024 – 19:00

Biden Refuses To Testify In GOP Impeachment Inquiry

Biden Refuses To Testify In GOP Impeachment Inquiry

Authored by Zachary Stieber via The Epoch Times (emphasis ours),

President Joe Biden will not be testifying to U.S. House of Representatives members who are engaged in an impeachment inquiry against him, the White House said on April 15.

President Joe Biden speaks during a joint press conference with the Japanese Prime Minister Fumio Kishida at the Rose Garden of the White House, on April 10, 2024. (Madalina Vasiliu/The Epoch Times)

Richard Sauber, special counsel to the president, told House Oversight Chairman James Comer (R-Ky.) that the president would not testify in the “partisan charade.”

“Your committee’s purported ‘impeachment inquiry’ has succeeded only in turning up abundant evidence that, in fact, the president has done nothing wrong,” Mr. Sauber said in a letter to Mr. Comer.

Your insistence on peddling these false and unsupported allegations despite ample evidence to the contrary makes one thing about your investigation abundantly clear: The facts do not matter to you,” he added.

Republicans in their investigation have found that millions of dollars flowed from businesses and individuals, including foreigners, to members of the Biden family while President Biden was vice president.

They’ve also identified payments from Hunter Biden’s business to the president, and from the president’s brother to him, as well as emails between President Biden and an associate of Hunter Biden. Several witnesses, meanwhile, testified that President Biden would get on the phone with Hunter Biden’s associates and that he attended multiple meals with them.

President Biden and the White House have maintained that he was not involved with the business undertaken by his son and brother.

Mr. Comer wrote to the president in March, saying the evidence “wholly contradicts your position.”

“In light of the yawning gap between your public statements and the evidence assembled by the committee, as well as the White House’s obstruction, it is in the best interest of the American people for you to answer questions from members of Congress directly, and I hereby invite you to do so,” Mr. Comer wrote at the time.

The apple doesn’t fall far from the tree in the Biden family. Like his son, Hunter Biden, President Biden is refusing to testify in public about the Bidens’ corrupt influence peddling,” Mr. Comer said Monday.

“This comes as no surprise since President Biden continues to lie about his relationships with his son’s business partners, even denying they exist when his son said under oath during a deposition that they did,” he said. “It is unfortunate President Biden is unwilling to answer questions before the American people and refuses to answer the very simple, straightforward questions we included in the invitation. Why is it so difficult for the White House to answer those questions? The American people deserve transparency from President Biden, not more lies.”

It’s not clear whether lawmakers are considering subpoenaing the president, and the White House did not respond when asked whether the president would comply with a subpoena.

Mr. Comer and other members have said they want answers to questions, including those about the source of the money for the payment from his brother.

They’re also wondering whether President Biden ever interacted with Hunter Biden’s associates, such as Chinese businessmen Jonathan Li, Ye Jianming, and Henry Zhao.

Lawmakers also want more details about the work done by Eric Schwerin, one of the associates, for President Biden. Mr. Schwerin told lawmakers that he often met with President Biden and provided him with free services, including tax preparation.

Lawmakers have yet to outline the next steps in the inquiry. The November election is looming and, if President Biden loses his re-election bid, he would exit the presidency regardless in January 2025.

Mr. Sauber, the special adviser to the president, is leaving the White House early next month. He was brought on in 2022 to oversee the White House’s response to congressional investigations as Democrats braced to lose their majorities on Capitol Hill that year.

The Associated Press contributed to this report.

Tyler Durden
Tue, 04/16/2024 – 18:20