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“Always The Plan”: Musk Reveals Biden’s Intentional Border Invasion To Create “One-Party State”

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“Always The Plan”: Musk Reveals Biden’s Intentional Border Invasion To Create “One-Party State”

In a series of X posts, Elon Musk revealed to his 171 million followers that radical leftists in the White House intentionally sparked the border invasion as a tool to influence congressional district apportionment and Electoral College votes.

On Friday, Musk explained President Biden’s migrant invasion strategy:

  1. Get as many illegals in the country as possible
  2. Legalize them to create a permanent majority – a one-party state.

“That is why they are encouraging so much illegal immigration. Simple, yet effective,” Musk said. 

He then quoted his post and said, “This explains why there are so few deportations, as every deportation is a lost vote,” adding, “As happened this week, you can literally assault police officers in broad daylight in New York, be released with no bail, give everyone the finger and *still* not be deported!!” 

Musk posted an image of this ungrateful b*stard that Democrats illegally allowed to enter the country.

It was always the plan,” Musk quoted an X user who showed how the strategy by Democrats was to flood the nation with migrants to turn swing states blue. 

Musk then informed followers that Census data is “based on a simple headcount of people (including illegals) *not* just citizens,” adding, “This shifts political power and money to states and Congressional districts with the highest number of illegals.” 

To counter the rogue Biden admin who prioritizes their ability to hold onto power by jeopardizing national security, Sen. Bill Hagerty, R-Tenn, recently introduced legislation that would put a citizenship question on the census to prevent non-citizens from being counted for congressional apportionment. 

“The Biden administration’s refusal to secure the southern border and then just allow unfettered entry into the United States by illegal immigrants has far-reaching impacts, far beyond just the things we think of on the surface.

The Census is the foundation for representation in our political system, and any census that could include non-citizens in the apportionment count is really concerning to me, and it ought to be to all North Dakotans. Illegal immigrants and non-citizens cannot vote and should not be used as pawns as the Democrats redistrict in various states. Our Census has to count both Americans and non-Americans but should also distinguish between them,” the bill’s co-sponsor Sen. Kevin Cramer, R-South D. wrote in a press release. 

Rep. Thomas Massie, R-Ky, chimed in on Musk’s X convo:

Musk then asked followers if Secretary of Homeland Security Alejandro Mayorkas, whose department is responsible for securing the border, should be impeached for “deliberately breaking the law and massively increasing illegal immigration beyond all historical precedent.” 

The result (over 447k votes): 89.8% responded “Yes,” while 10.2% said “No.” 

Even Bill Maher gets it. 

This is true. 

Musk connects the dots for followers: the open border is an attempt by rogue Democrats to gain more power in Congress.

Tyler Durden
Mon, 02/05/2024 – 06:15

US National Security Adviser Refuses To Rule Out Attacks On Iran

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US National Security Adviser Refuses To Rule Out Attacks On Iran

Via Middle East Eye

US National Security Advisor Jake Sullivan has refused to rule out striking targets in Iran in the wake of repeated strikes on Iran-linked groups across the Middle East. Speaking to NBC, Sullivan was asked repeatedly if the US was considering attacks inside Iran.

“Well, sitting here today on a national news program, I’m not going to get into what we’ve ruled in and ruled out from the point of view of military action,” he said. “What I will say is that the president is determined to respond forcefully to attacks on our people. The president also is not looking for a wider war in the Middle East.”

Getty Images

Pressed again on the question, he continued to avoid a direct answer. “I’m not going to get into what’s on the table and off the table when it comes to the American response,” he said.

The US, along with the UK, launched strikes on Yemen’s Houthis overnight, hitting dozens of targets, just a day after they hit a number of Iran-linked groups in Syria and Iran.

US Central Command (Centcom) released a statement on Friday saying its forces struck more than 85 targets in Iraq and Syria, targeting the Quds Force of Iran’s Islamic Revolutionary Guard Corps in addition to other affiliated armed groups in the two countries.

“Iran’s Islamic Revolutionary Guards Corps (IRGC) Quds Force and affiliated militia groups continue to represent a direct threat to the stability of Iraq, the region, and the safety of Americans. We will continue to take action, do whatever is necessary to protect our people, and hold those responsible who threaten their safety,” said Centcom commander General Michael Erik Kurilla.

The UK-based Syrian Observatory for Human Rights said that the Syria strikes had killed 23 pro-Iran fighters. The attacks came in response to a drone strike on an American outpost in Jordan that killed three soldiers, which the US blamed on Iran-backed groups.

Iran on Sunday warned that the strikes across the region appeared to “contradict” the stated desire by the leaders of the US and UK that the fighting in Gaza not expand into a regional war.

Iran’s foreign ministry spokesman, Nasser Kanani, said in a statement that the attacks were “in clear contradiction with the repeated claims of Washington and London that they do not want the expansion of war and conflict in the region”.

He said the two countries were “fueling chaos, disorder, insecurity and instability” by supporting Israel in its war in Gaza, which has so far left at least 27,365 people dead, according to the health ministry in Gaza.

Tyler Durden
Mon, 02/05/2024 – 05:30

How Much Do Countries Trust The United Nations?

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How Much Do Countries Trust The United Nations?

Do you trust the United Nations (UN) in carrying out its objectives of maintaining peace and security, protecting human rights, and upholding international law?

Survey results from Edelman’s 2024 Trust Barometer Global Report show that some countries’ citizens believe strongly in the UN to “do the right thing,” while others are less trusting.

Ranked: 28 Countries Trust Levels in the United Nations in 2024

To gauge trust in the United Nations, Edelman surveyed more than 32,000 respondents between 28 countries in November 2023. Each country sample of 1,150 people is statistically significant and representative.

According to the results, respondents from Japan and Argentina had the least amount of trust in the UN when it came to “doing the right thing.”

Country % who trust the UN to “Do the right thing”
🇯🇵 Japan 38%
🇦🇷 Argentina 38%
🇮🇹 Italy 48%
🇺🇸 U.S. 50%
🇪🇸 Spain 50%
🇮🇪 Ireland 50%
🇩🇪 Germany 50%
🇫🇷 France 51%
🇨🇴 Colombia 51%
🇸🇦 Saudi Arabia 52%
🇦🇺 Australia 52%
🇿🇦 South Africa 53%
🇨🇦 Canada 54%
🇰🇷 South Korea 56%
🇬🇧 UK 57%
🇲🇾 Malaysia 59%
🇧🇷 Brazil 59%
🇸🇬 Singapore 60%
🇳🇱 Netherlands 60%
🇲🇽 Mexico 61%
🇸🇪 Sweden 63%
🇮🇩 Indonesia 65%
🇦🇪 UAE 66%
🇳🇬 Nigeria 71%
🇹🇭 Thailand 75%
🇨🇳 China 76%
🇰🇪 Kenya 77%
🇮🇳 India 77%

Just 38% of Japanese and Argentinian people had faith in the UN, by far the lowest levels of trust. Only one other country was below the 50% trust mark: Italy at 48%.

Many major economies and G7 countries had trust levels hovering between 50–60%, including the U.S. and Germany at 50% and the UK at 57%.

Meanwhile, India and Kenya had the highest levels of trust in the UN at 77%, with China right behind at 76%. In general, African and Asian nations tended to have higher levels of trust in the UN, though there were exceptions like South Africa (53%) and South Korea (56%)

It’s also worth noting that views within countries can differ significantly. Separate data on this topic from Pew Research shows that public opinion of the UN is split along ideological lines. In the U.S., there’s a 45 percentage point difference, with more conservative respondents having significantly lower trust in the UN.

Tyler Durden
Mon, 02/05/2024 – 04:15

US Establishes New Stockpile In Australia To Prepare For War Over Taiwan

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US Establishes New Stockpile In Australia To Prepare For War Over Taiwan

Authored by Dave DeCamp via AntiWar.com,

The US created a new stockpile of military equipment during drills in Australia last summer to prepare for a future war with China over Taiwan, Reuters reported on Wednesday.

The stockpile was left behind after the Talisman Sabre exercises, which ran from July 22 to August 4 and were billed as the largest-ever iteration of the drill, demonstrating US focus on preparing for a future conflict in the Asia Pacific.

Via Reuters

The Reuters report said the equipment left behind includes 330 vehicles and trailers and 130 containers in a warehouse in Bandiana, a suburb of Wodonga, a city in southeastern Australia.

The supplies are enough to supply three logistics companies that would focus on getting equipment to US troops who are fighting a war elsewhere in the region. “We’re looking to do this more and more,” said Gen. Charles Flynn, the top Army commander in the Pacific. “There’s a number of other countries in the region where we already have agreements to do that.”

The US is working to establish stockpiles in the Philippines, Japan, and other countries in the region. Congress is also looking to establish a weapons stockpile in Taiwan itself, something that might not be publicized due to the risk of provoking China.

US Army Secretary Christine Wormuth said last year that the Army’s role in a future war with China would be to establish “staging bases for the Navy, for the Marines, for the Air Force” and to “provide intra-theater sustainment” using the weapons stockpiles and watercraft.

Wormuth said the Army would also have a role to play in the homeland since a full-blown US-China war would likely spread around the globe. “If we got into a major war with China, the United States homeland would be at risk as well, with both kinetic attacks and non-kinetic attacks,” she said.

US military officials are preparing for a direct war with China despite the obvious risk of it quickly turning nuclear. They say they’re trying to “deter” a war, but the military buildup in the Asia Pacific and the new levels of US support for Taiwan make a conflict more likely.

Tyler Durden
Mon, 02/05/2024 – 03:30

The Switzerland-Ukraine Peace Conference

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The Switzerland-Ukraine Peace Conference

Authored by Peter Hanseler via voicefromrussia.ch,

Cassis faceless while embracing a warring faction – Source: Tagesanzeiger

Introduction

Last March, in our article “Switzerland is in danger“, we discussed how and why Switzerland received its greatest privilege, how significant these privileges of neutrality are for Switzerland and what – only positive – consequences this privilege has had for the development of our small country. And yes, we have the Russians to thank for this privilege. We have also pointed out the dangers. Switzerland seems to be lurching headlong in the wrong direction – weak leaders with traits of megalomania are responsible for this. They seem to see the duties imposed on them in the constitution as recommendations that can be bent beyond recognition.

At the WEF, President Amherd and Foreign Minister Cassis announced a peace conference, apparently without the knowledge of their Federal Council colleagues.

Most of the media in Switzerland think this is a great idea, or at least a good one.

Spontaneous, emotional and unprofessional.

This peace conference is to be based on President Selenski’s 10-point plan.

The concept of this event has various weaknesses which will lead to Switzerland embarrassing itself in front of the world public, because the world public does not only consist of the EU and the USA.

The new neutral Switzerland: spontaneous, emotional and unprofessional.

A look back

Storm of sanctions fully supported by Switzerland

One day after the start of the Russian special operation in Ukraine, the EU issued a well-prepared sanctions package on February 23, 2022.

Five days later, “neutral” Switzerland adopted the EU’s first sanctions package in full. Since then, the Swiss sanctions ordinance has been tightened 43 times and now comprises 152 pages.

“Everything from diesel engines to bathing slippers is sanctioned.”

The timing of the adoption of the sanctions is not only an indication that the Federal Council automatically adopts the EU sanctions, but proof, because an independent decision would require reading and analysis – there was no time for that. The FAQ on the website of the Federal Department of Foreign Affairs (FDFA) nevertheless lies to the Swiss population:

Question:

“Does Switzerland automatically adopt the sanctions of the European Union (EU)?”

Answer:

Switzerland decides for itself to what extent it adopts EU sanctions; there is no automatic mechanism in this respect.

WEBSITE OF THE STATE SECRETARIAT FOR ECONOMIC AFFAIRS – FAQ

If you read the sanctions regulation, it becomes clear what the aim of the sanctions actually is: the destruction of the Russian economy. Everything from diesel engines to bathing slippers is sanctioned. In my opinion, it would have been much easier to specify what is not to be sanctioned.

Switzerland imposes significantly more sanctions on Russia than the EU

To describe Switzerland as a follower of the EU would be an understatement. Many people in Switzerland are not aware that Switzerland has imposed significantly more sanctions against Russia than the EU – hard to believe, but it is true.

Unfriendly state

Since March 2022, Switzerland – as a neutral country – has been on Russia’s list of unfriendly states. To date, there are 48 states on this list.

The consequences for countries on this list are primarily of a commercial nature with regard to trade, imports and exports, but never go as far as the sanctions imposed on Russia.

Zelensky’s 10-point plan

Introduction

President Selenski’s 10-point peace plan can only be described as the wish list of someone who has lost all touch with reality. You can find a link to this list here.

We will only mention points 5 (territorial integrity), 8 (environmental damage) and 9 (security guarantees) to show that this plan is doomed to failure:

Territorial integrity

Russia has campaigned for a diplomatic solution for decades and, even shortly after the start of the war in April 2022, would have agreed to the Donbas remaining Ukrainian if Ukraine remained neutral. The peace negotiations in March and April 2022, which were a success and one signature away from peace, were torpedoed at the last minute by Boris Johnson as the messenger of the USA – the war continued. We reported on this.

Russia should return all the territories that belong to Russia today, Crimea, Saparosh, Kherson, Lugansk and Donetsk: This will not happen, as these territories belong to Russia today and a referendum in September 2022 showed a popular approval of well over 90% – even the RAND Corporation did not doubt the result of this referendum.

It goes without saying that the Western media is concealing the fact that the war began in 2014 and that over 16,000 civilians were killed by Ukrainian artillery fire in Donetsk between 2014 and February 2022. At no time did the Russian army attack the civilian population during the fighting – this is a Ukrainian preference. Only a few days ago, 27 people died in Donetsk – unmentioned war crimes.

Environmental damage

This point refers to the destruction of the Kakhovka Dam. The Ukrainians claim that the Russians blew it up, but there is clear evidence that the Ukrainians did so.

Safety guarantees

Ukraine’s integration into NATO. NATO’s eastward expansion has been Russia’s major security problem since the 1990s and is also the reason for the Ukraine conflict. It can therefore be ruled out that Russia will accept a connection to NATO.

Demands are at odds with reality

Western propaganda has been proclaiming the demise of the Russian army since March 2022. However, the reality is different. The Ukrainian army is on the brink, the losses on the Ukrainian side are horrendous, aid from the USA has stopped and even forced recruitment will not raise the urgently needed 500,000 soldiers, who, incidentally, will be sent to the front as cannon fodder after a 2-week quick bleach. The war is lost. We already reported on this in September.

Russia’s willingness to negotiate

During an interview with CBS News in New York on January 23, Sergei Lavrov rejected a recent claim by US Secretary of State Antony Blinken, who claimed that Moscow has not shown “a willingness to engage, to negotiate in good faith” to end the conflict with Kiev.

“This is not true,” Lavrov emphasized, adding that Russia has always been ready to discuss “any serious proposal” that addresses the situation on the ground and the causes of the hostilities. Moscow is also ready to find a solution “that guarantees the legitimate national interests of Russia and the Ukrainian people”, the diplomat explained.

Sergei Lavrov thus confirmed that negotiations are always possible, but that they must be conducted on a realistic basis.

Federal Councillor Cassis speaks of talks with Lavrov – the answer is threatening

On January 23, Foreign Minister Ignazio Cassis tweeted from the UN and claimed that he had discussed important matters with Sergei Lavrov.

Mr. Cassis may have shaken Mr. Lavrov’s hand in the corridor of the UN building, the conversation was short and the answer terse and chilly.

The Russian Foreign Ministry said the following:

“The Russian minister offered a principled assessment of Switzerland’s continued drift away from the principles of neutrality and its reckless support for the Kiev regime, emphasising that Russia takes such actions and unfriendly policy into consideration when planning its approach to the Swiss track.”

Press release on Foreign Minister Sergey Lavrov’s conversation with Ignazio Cassis, Head of the Federal Department of Foreign Affairs of the Swiss Confederation, New York

That doesn’t sound very friendly. I am certainly no diplomat, but when a diplomat tells me that my unfriendly policy should be taken into account when planning his approach, it does not bode well. Looking at this statement through the Russian lens – that is, taking into account the Russian mentality – it can be expected that Russia will mention its displeasure with Switzerland in talks with China and other major allies. This exhausts my ability to diplomatically package the possible consequences for Switzerland as a non-diplomat.

Conclusion – Switzerland on the diplomatic offside

Switzerland has abandoned its neutrality on several levels: Firstly, as a neutral country one does not fraternize with a warring party; intimate embraces with the head of state of a party are not only unprofessional, but show partisanship.

Ukrainian flag on the Zurich Quai Bridge

Als neutrales Land lässt man nicht die Flaggen einer Kriegspartei in den Städten wehen.

As a neutral country, you are impartial and do not sanction one of the warring parties, and it is particularly bad if Switzerland, as a “neutral” country, imposes significantly more sanctions on Russia than the EU.

“Pregnant or not pregnant.”

I consider the discussion in the Swiss media about the extent to which neutrality can be considered relative to be helpless and ridiculous. It’s like the term “pregnant”; there are two aggregate states: pregnant or not pregnant.

The consequences are already there: The peace negotiations in March/April 2022 did not take place in Switzerland, but in Turkey.

Our foreign minister’s exploratory talks are followed by a message from Russia that can only be interpreted as a reprimand.

Sooner or later, there will be negotiations – Switzerland will no longer play a role, as it is no longer trustworthy – a pity.

There are voices claiming that the Russian central bank’s frozen foreign currency will soon be confiscated. If Switzerland goes along with this raid, Russia will react – also against Switzerland. If we assume that Switzerland holds around CHF 28 billion as investments in Russia and could confiscate around CHF 7 billion, I don’t believe that this will be a good deal for Switzerland in the event of an escalation.

I cannot judge whether the neutrality initiative will be able to save this complete disaster for Switzerland, but I can only provide the link here – it can’t do any harm.

Tyler Durden
Mon, 02/05/2024 – 02:45

Polish Farmers Plan General Strike, Blockade Of Ukraine Border

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Polish Farmers Plan General Strike, Blockade Of Ukraine Border

Authored by Ella Kietlinska via The Epoch Times (emphasis ours),

A aerial view shows trucks and tractors blocking the E40 highway during a farmer’s protest, in Aalter, Belgium on January 31, 2024. (Kurt Desplenter/AFP via Getty Images)

Polish farmers from the Solidarity trade union plan a general strike starting this Friday with a blockade of border crossings between Poland and Ukraine, joining similar protests all over Europe.

The presiding officers of the farmers’ trade union “Solidarity” unanimously adopted a resolution on Wednesday announcing a general strike of farmers throughout the country, according to a union’s statement.

The strike will begin on February 9 with a blockade of all border crossings between Poland and Ukraine, along with blockades of roads and highways across the country between Feb. 9 and March 10, the trade union said in the statement on Thursday.

Our patience has run out. Brussels’ position on the last day of January 2024 is unacceptable for our entire agricultural community,” the trade union said in the statement.

“Additionally, the passivity of the Polish authorities… regarding the import of agricultural produce and food products from Ukraine leave us with no other choice but to declare a general strike.”

Solidarity also demanded that the Polish government ensure the profitability of Polish agriculture and rebuild the Polish agro-processing sector, as, in its opinion, they are not protected under the “European Green Deal,” which is currently being implemented.

Polish family farms are the basis of the country’s food security,” the trade union said. “We are fighting for our common good, which is to protect Polish family farms, often multi-generational farms, from collapse and bankruptcy.”

The European Green Deal is the European Union’s initiative to fight climate change and environmental degradation, which the EU considers “an existential threat to Europe and the world,” according to a policy statement by the European Commission.

The European Commission [the EU’s executive body] has adopted a set of proposals to make the EU’s climate, energy, transport, and taxation policies fit for reducing net greenhouse gas emissions by at least 55 percent by 2030, compared to 1990 levels.” with the ultimate goal of “no net emissions of greenhouse gases by 2050,” the statement said.

Farmers in France, Belgium, Portugal, Greece, and Germany have been protesting against the constraints placed on them by EU measures to tackle climate change, rising costs, and unfair competition from abroad. Polish farmers have been particularly vocal about the impact of cheap food imports from neighboring Ukraine.

Reactions to Protest Announcement

The European Commission said it was listening closely to the concerns expressed by farmers in protests taking place in several member states.

“In relation to the specific concerns outlined by farmers at the present time, the Commission is assessing possible next steps,” a spokesperson for the Commission wrote in an emailed response to Reuters’ request for comment.

Polish Minister of Agriculture Czesław Siekierski said in an interview with RMF FM on Saturday that the Polish government would try to stop blockades of roads, and it has already asked the farmers’ trade unions for a meeting.

Mr. Siekierski told RMF FM that farmers” are protesting for a good cause” as grain exported from Poland is pushed out from markets by cheaper grain from Ukraine.

The government has been conducting bilateral talks with Ukraine and is also in talks with the EU, but it needs more time because it took office only seven weeks ago, Mr. Siekierski told RMF FM.

Former Polish minister of agriculture Artur Balazs and Chairman of the European Fund for the Development of Polish Villages said in an interview with “Polskie Radio 24” that agricultural production in Ukraine does not comply with EU’s phytosanitary and animal welfare regulations.

For the EU farmers, however, compliance with the Union’s agricultural standards amounts to a large portion of production costs, Mr. Balazs told the Polish radio station, adding that only the EU can solve this problem.

EU Greening Concession

European Commission President Ursula von der Leyen arrives for the European Union leaders summit in Brussels, Belgium, on May 30, 2022. (Johanna Geron/Reuters)

On January 31, the European Commission proposed to allow EU farmers to derogate for one year from certain EU agricultural rules adopted in 2023, according to a statement.

The EU’s rule that obligates farmers to keep 4 percent of their arable land fallow or unproductive is set to be temporarily replaced by a rule requiring farmers to allocate 7 percent of their land to growing, without using pesticides, nitrogen-fixing crops– such as lentils, peas, or favas– and catch crops, the statement said. “Catch crops are plants that grow between two main crops” and can serve as fodder for animals or green manure.

Farmers who follow the new rule will still be eligible for EU’s subsidies, the statement said.

The European Commission recognized in the statement the difficulties and uncertainties framers face due to weather events such as droughts, wildfires, and floodings in various parts of the Union, high energy and input prices due to the Russian invasion of Ukraine, as well as inflation and increased costs of living.

Today’s measure offers additional flexibility to farmers at a time when they are dealing with multiple challenges,” Ursula von der Leyen, President of the European Commission, said in the statement.

Copa and Cogeca, the organization of the EU’s farmers and agri-cooperatives, said in a statement that the EU’s decision to allow farmers to derogate from keeping a portion of their land fallow or unproductive came late in the agricultural calendar and is limited.

According to the European Commission, the measure will be adopted upon its approval by EU members through voting.

Copa and Cogeca called in the statement on EU member states to “further strengthen this proposal.”

Capping Imports From Ukraine

An aerial picture taken on July 21, 2022, shows a combine harvester in a wheat field near Mykolaiv amid the Russian invasion of Ukraine. (Photo by Ionut Iordachescu/AFP via Getty Images)

On the last day of January, the European Commission also proposed to renew the suspension of import duties and quotas on Ukrainian exports to the EU for another year but to cap the import of sensitive agricultural products from Ukraine—poultry, eggs, and sugar–at levels from 2022 and 2023, according to a statement.

If imports of these products exceeded the average import volumes in 2022 and 2023, “tariffs would be reimposed to ensure that import volumes do not significantly exceed those of previous years,” the statement said.

The EU lifted import duties on Ukrainian exports in 2022 following Russia’s invasion, the Commission said.

The measure proposed by the EU to create a mechanism to limit the rising imports of some foods is welcomed by Copa and Cogeca, but its members found it insufficient, the organization said in a statement.

Copa and Cogeca said that excluding cereals and oilseeds from the mechanism limiting imports from Ukraine is “unacceptable.”

While we believe that it is in the EU’s duty and interest to continue supporting Ukraine, the solution to the current situation concerning the impact of the imports on EU producers must be effectively addressed,” Copa and Cogeca said.

The statement said that the EU’s two legislative bodies, the European Parliament and the Council of the European Union, comprised of ministers from each member country, will consider the proposal.

The organization called on both institutions to include cereals and oilseeds in the measure and use the yearly average of the two earlier years—2021 and 202—as the base to cap the imports from Ukraine.

Copa and Cogeca also demanded that any products imported above this threshold must be exported outside the EU.

Reuters contributed to this report.

 

Tyler Durden
Mon, 02/05/2024 – 02:00

“Inevitable Fire Sale” Of 23andMe To “Overseas PE Firm” Could Be National Security Risk

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“Inevitable Fire Sale” Of 23andMe To “Overseas PE Firm” Could Be National Security Risk

Several years ago, DNA-testing company 23andMe began publicly trading on Nasdaq following a deal to merge with VG Acquisition Corp., a special-purpose acquisition company founded by billionaire Richard Branson. The company was pimped by Hollywood elites, such as Oprah and Lizzo, as market capitalization topped $6 billion in late 2021. 

Fast forward this past week, 23andMe has lost 94% of its market cap following the November 2021 peak, and Nasdaq threatened to delist the penny stock as it closed around 69 cents per share on Friday. 

Anne Wojcicki, 23andMe’s chief executive, has led the cash-burning startup that has never turned a profit. After three rounds of layoffs and a subsidiary sale, a Wall Street Journal report said the company “could run out of cash by 2025.” 

The inevitable fire sale of 23andMe has raised eyebrows among social media platform X users. 

A healthcare investor named Will Manidis asked this question on X: “Within months you will be able to buy genomics data from 14 million americans for +/- $200m?” 

Manidis warned in the viral post: “The inevitable fire sale of this mess to an overseas PE firm is going to be a national security matter on the scale of which we haven’t seen in healthcare in years.” 

Another X user said: “Can’t wait to see who buys this gigantic pool of genetic data and whatever scheme they come up with to monetize it.” 

Which was enough for Elon Musk to respond with a “!” 

“Or what if the US government buys it?” another X user said. 

And or this?

A possible fire sale of 23andMe and its stockpile of millions of DNA samples of Americans is something to keep a close eye on. 

Tyler Durden
Sun, 02/04/2024 – 23:20

Beijing Powerless As Chinese Stocks Crater After Trump Confirms He Will Impose 60% Tariffs

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Beijing Powerless As Chinese Stocks Crater After Trump Confirms He Will Impose 60% Tariffs

Last week’s dead cat bounce in Chinese stocks – after Beijing did everything but launch a multi-trillion fiscal stimmy bazooka (something it will do, later if not sooner) – is a distant memory, and as Asian markets open for trading in the news week, Chinese markets are cratering with the Shanghai Composite plunging as much as 3.1% to a fresh five-year low..

… while the broader CSI 1,000 Index is also in free-fall and also on pace to re-test the 2018 lows with as many as 990 of the 1000 companies of the index in the red.

Putting the latest collapse in context, China’s market capitalization has sunk by just over $1 trillion in the space of 13 trading days, dragging the total value of the nation’s equities under $8 trillion on Friday, from just above $9 trillion on Jan. 16, as the authorities’ hand-wringing about equity declines simply concentrated investors’ minds on the apparent lack of any solutions for the downturn.

There were several catalysts for the plunge, first and foremost appears to be Trump confirmation that he would impose a tariff on Chinese goods of more than 60% if elected, signaling an increasingly hawkish tone against the top supplier of goods to the US.

Speaking in an interview on Fox News’ Sunday Morning Futures, Trump was asked about a Washington Post report that he was considering a flat 60% tariff on Chinese goods imports; Trump’s response: “no, I would say maybe it’s going to be more than that.” The Bezos Post report on Jan. 27 sparked currency hedges by traders bracing for any market turbulence that policies under a second Trump presidency could set off.

Trump, who currently has a solid lead over Biden and is emerging as the favorite to win the Nov 2024 election, rejected criticism that the moves would start a trade war, saying that he “did great with China with everything” during his presidency.

The US imposed multiple rounds of tariffs on Chinese goods during the Trump administration, “amounting to an $80 billion tax increase on $380 billion worth of imports,” according to the Tax Foundation, a Washington-based research group. China retaliated with tariffs on US goods imports.

While Trump was likely in his conventional hyperbolic mode, Chinese investors did not see it that way, and Chinese stocks plunged to fresh multi year lows, after the latest disappointment from Beijing which again pledged to stabilize markets after shares sank to a five-year low in chaotic trading on Friday, without offering any specifics on just how it plans to end the relentless selloff that’s erased more than $6 trillion of value and dented confidence in the world’s second-largest economy.

The China Securities Regulatory Commission vowed on Sunday to prevent abnormal fluctuations, saying it would guide more medium- and long-term funds into the market and crack down on illegal activities including malicious short selling and insider trading. The brief statement followed a sudden plunge of as much as 3.4% in the benchmark CSI 300 Index on Friday — and an outpouring of frustration on social media from individual investors just days before families across the country gather to celebrate the Lunar New Year.

“The statement sought to stabilize investor sentiment, but didn’t touch on fundamental problems including a lack of confidence and huge economic uncertainty,” said Shen Meng, director at investment bank Chanson & Co. “Those issues are the causes of abnormal market fluctuation.”

While authorities have taken piecemeal steps to support the economy and markets in recent months and have discussed a potential stock stabilization fund, they’ve yet to announce any major moves to stop the selloff. Weak economic data, simmering geopolitical tensions with the US, a worsening property crisis and an opaque crackdown on the financial sector have all weighed on investor sentiment.

As reported last week, China’s CSI 300 tumbled 6.3% in January, a record sixth straight month of losses. Shares then rallied briefly toward the end of the month after Bloomberg reported that authorities were seeking to mobilize about 2 trillion yuan ($278 billion) for a stabilization fund, but the market has since renewed its decline, reaching the lowest level since January 2019 as once again the Beijing trial baloon was just that, and nothing more. .

Meanwhile, the hail mary media bullshit and lies continued, and over the weekend, 21st Century Business Herald daily newspaper reported that authorities should set up a stabilization fund as soon as possible to boost market confidence, with an aim to get its size to 10 trillion yuan or more. Next up it will be 100 trillion in promises, then 1 quadrillion, only by then the SHCOMP will hit 0.

Meanwhile, in a sign of how exasperated some investors have become, thousands flocked to a social media account of the US embassy in Beijing to vent their frustrations over the economy and slumping share prices.

In the comment section of the embassy’s Weibo post on giraffe protection on Friday evening, some 53,000 users added remarks by Saturday evening, winning over 300,000 likes. China’s internet users often struggle to find a venue to air grievances about the economy or government performance, with official accounts of Chinese state agencies or media usually either disabling the comment function or only showing selected feedback.

In the end, the outcome is a clear one: either Beijing will watch powerless as 1 billion furious Chinamen start rioting in the streets as both the real estate and capital markets crater – and only then, after countless are dead, will it inject trillions into the economy, or someone in Beijing will come to their senses and do so before there is bloodshed… Not that that’s a viable solution of course: at best, that’s kicking the can by a few years, but in the grand scheme of things, can kicking is all the world has left. And now all eyes are now on China and every day that Beijing is just more talk and no action brings us closer to the world’s biggest and most violent social revolt seen in history.

Tyler Durden
Sun, 02/04/2024 – 22:57

US Cattle Herd At 73-Year Lows As Retail Beef Prices At Record Highs

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US Cattle Herd At 73-Year Lows As Retail Beef Prices At Record Highs

Readers have been well informed about ‘beeflation’ and why it’s happening: 

The latest data from the US Department of Agriculture’s biannual cattle inventory report on Wednesday showed that the US cattle herd (as of Jan. 1) fell 2% from a year ago to 87.2 million cattle. That’s the smallest herd count since 1951. 

Source: Bloomberg 

Bloomberg explains the reason why ranchers are increasingly culling more cows: 

American ranchers have for the past four years been culling more cows than they were retaining for breeding because of persistent droughts, surging feed costs and elevated interest rates.

A shrinking herd has pushed US retail beef prices to a record of $5.21 per pound. Rising food prices are the central bank’s worst enemy. 

According to Lane Broadbent, president of KIS Futures Inc. in Oklahoma City, drought-plagued pasture conditions might only improve after 2026. 

Meanwhile, elites in the WEF cult have been pushing hard to ban cow farts because they allege it’s contributing to climate change. These folks are adamant about resetting the global food supply chain to one that puts working poor folks on a bug-heavy diet. 

How about folks rebel against these unelected, woke WEF elites? The most peaceful way to do so is to purchase farmland in fertile Appalachia and raise beef cows. 

Tyler Durden
Sun, 02/04/2024 – 22:45

The Resistible Rise Of The New Normal Reich

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The Resistible Rise Of The New Normal Reich

Authored by C.J. Hopkins via Consent Factory,

So, the German authorities have filed an appeal to overturn my acquittal in criminal court last week. Apparently, their plan is to keep putting me on trial until they get a judge who is willing to convict me of something, or to bankrupt me with legal costs. Silly me, for a moment there, I was actually starting to believe this was over.

Let me quickly review how I got here for anyone just tuning in.

I am an author and a political satirist and commentator. In August 2022, I posted two Tweets criticizing mask mandates and making fun of Karl Lauterbach, Germany’s Minister of Health. Both Tweets included an image from the cover artwork of my latest book, The Rise of The New Normal Reich: Consent Factory Essays, Vol. III (2020-2021).

Last week, a judge acquitted me of those charges, after which she launched into a tirade in which she insulted me at some length, and then strapped on a “Covid mask” and stalked out of the courtroom. During her diatribe, she made a big show of proclaiming that, by acquitting me of the fabricated hate-crime charges, she was proving that “Germany is not a totalitarian state” … you know, the kind of totalitarian state where books are banned, political speech is censored, and dissident authors are harassed by the police and subjected to ridiculous show trials.

The judge didn’t have much choice but to acquit me, because the relevant German law is clear, as my attorney had reminded her in his pretrial pleading, and because my case had received some international press. Also, the public gallery was packed, and there was a fair amount of independent media in the courtroom. Unlike the German mainstream media, which have been churning out government propaganda like the proverbial Goebbelsian keyboard instrument for years, and which were too busy covering the totally-organic government-sponsored mass demonstrations against the government’s only political opposition to devote any attention to my political prosecution, the banning of my book, government censorship, and so on, some of the alternative German media are still interested in actual journalism.

The prosecutor, who appeared to be drunk or on some kind of high-grade sedatives, was very clearly unhappy to be there performing in front of a sold-out house. He spent the proceedings hidden behind one of those Plexiglass “anti-Covid” panels that cashiers still have to sit behind in grocery stores and other retail establishments, so I couldn’t make out every word he slurred. The gist of his argument was, although I didn’t intend to “disseminate pro-Nazi propaganda,” I nonetheless “disseminated pro-Nazi propaganda,” by comparing New Normal Germany to Nazi Germany, and “unnecessarily using a swastika in an artwork.”

My favorite part of the prosecutor’s argument was made in a pretrial pleading to the court, not during the actual trial itself. He accused me of “relativizing the Holocaust” because he claimed that comparing New Normal Germany to Nazi Germany is factually inaccurate, which assertion is revealing, and just staggeringly ignorant.

Here’s a translation of the excerpt from his pleading (emphasis in italics mine):

“… the accused is interested in relativizing this Nazi tyranny, which is also the aim of supporters of this ideology in a different form. By specifically using the swastika, the accused equates the crisis management measures of the years 2020-2022, which came about within constitutional procedures and were enacted and implemented by and through democratically legitimized institutions, with the dictatorial methods of the Nazi regime and thus – regardless of his intention – promotes the normalization of National Socialist ideas and actions.”

Of course, the history of the transformation of Germany into a Nazi dictatorship by means of “constitutional procedures and democratic processes” is extremely well-documented. In the election of July 1932, the Nazi Party won 37.3% of the vote and became the largest party in the Reichstag. On January 30, 1933, von Hindenburg appointed Adolf Hitler Germany’s chancellor. In the aftermath of the Reichstag fire, Hitler convinced von Hindenburg to pass the Reichstag Fire Decree, which severely curtailed the liberties and rights of German citizens. And then the Enabling Act of 1933 was passed by the Reichstag on March 23. This law gave the government the power to override individual rights prescribed by the constitution, because of a so-called “state of emergency.” All this “came about within constitutional procedures and was enacted and implemented by and through democratically legitimized institutions.”

The judge did her best to stop me from reciting all that history in court, to prevent me from “relativizing the Holocaust” again, right there, in her courtroom, in front of everyone, or to prevent the prosecutor from coming off as a jackass, but it was too late, her questioning had opened the door.

A hilarious episode then ensued, in which the judge projected king-size enlargements of my Tweets on a screen with an overhead projector, like the ones they used to use in elementary school, and then interrogated me at considerable length about whether the swastikas in the offending artwork were “on the mask” or “behind the mask.” For a moment, I considered requesting a recess in which to ask the artist, Anthony Freda, to prepare, sign, and telefax a notarized affidavit to the court explaining the details of his creative process and his state of mind at “the time of creation,” but I remembered that it was only 6AM in New York, which I thought might be a bit too early for Anthony.

Yes, the whole trial was as farcical as it sounds, but, the thing is, prosecutions like mine are never meant to make it into court in the first place. The game the German authorities were playing is somewhat like the plea-bargain game that the prosecutors play in the USA, which American readers will be familiar with from watching all those cop shows on television. The way this game works in Germany is, they charge you with a misdemeanor crime, and hit you with a hefty fine, but one that is significantly less than what you will have to pay a lawyer to fight it in court. They are counting on you just paying the fine, and avoiding a trial, where a judge can double or triple your fine or even sentence you to prison. It doesn’t matter if they have no actual legal arguments to support the charges. It’s basically just a bullying tactic.

I have never responded well to bullies. I have an aversion to totalitarians, fascists, and other such authoritarian control freaks who get their rocks off intimidating, and dominating, and preying on the weak. My natural instinct, when threatened by bullies and other varieties of fascist creeps, is to get all up their faces and call their bluff.

Which doesn’t always turn out so well. Cops, for example, will just beat the living snot out of you if you get up in their faces, as will most of your hardened criminal types. But it typically works with petty public officials and other such “respectable authorities” … or at least those who are forced to maintain the appearance of adherence to the rule of law and fundamental democratic principles.

This is an important point, because it is The New Normal Reich’s “Achilles Heel.” I explained this in a previous essay, Pathologized Totalitarianism 101, back in November of 2021.

“New Normal totalitarianism — and any global-capitalist form of totalitarianism — cannot display itself as totalitarianism, or even authoritarianism. It cannot acknowledge its political nature. In order to exist, it must not exist. Above all, it must erase its violence (the violence that all politics ultimately comes down to) and appear to us as an essentially beneficent response to a legitimate ‘global health crisis,’ and a ‘climate change crisis,’ and a ‘racism crisis,’ and whatever other ‘global crises’ GloboCap thinks will terrorize the masses into [a state of] mindless, order-following hysteria […] This pathologization of totalitarianism is the most significant difference between New Normal totalitarianism and 20th-Century totalitarianism.”

In other words, this new, emerging form of global-capitalist totalitarianism cannot afford to look like “totalitarianism.” It can’t put on jackboots and black leather trench coats and start goose-stepping around with big fascist-looking banners, and putting people up against walls and shooting them, at least not here in the heart of the empire.

The only way this form of totalitarianism works is if people like my judge, and the countless thousands of New Normal Germans that have been out in the streets here displaying their unquestioning allegiance to the Reich, and demanding the banning of political opposition, and the segregation and persecution of “the Unvaccinated,” or displaying solidarity with Ukrainian neo-Nazis, or supporting Israel’s liquidation of Gaza, or whatever they’ve been instructed to unquestioningly support or display solidarity with tomorrow … the only way it works (i.e., this new totalitarianism) is if people, and not just German people, but Americans, and Brits, and Canadians, and Australians, and “Good New Normals” all throughout the West, are allowed to keep telling themselves and each other that they’re “the good guys,” the ones who are “defending democracy,” as they march us down the road to totalitarianism.

Yes, I know, I’m repeating myself. I am going to keep repeating myself. Because the only way this doesn’t all end in an extremely ugly and dystopian scenario is if we get through to those “Good New Normals.” I’m not talking about trying to convince them of anything, or winning arguments about “the virus,” or “vaccines,” or Israel, or Trump, or calling them names. I am talking about confronting them with what they are doing. I’m talking about short-circuiting their mental programming — even if just for a few fleeting seconds — by holding an accurate mirror up to them, and forcing them to look directly into it, and recognize what it is they’ve become.

That is what I did in criminal court last week. It’s why the judge was forced to acquit me, and why she felt compelled to deliver that tirade, and strap on her mask to make a big statement. She could have convicted me. She probably wanted to. In her mind, and in the minds of most New Normals, people like me are existential threats. However, to convict me, she would have had to watch herself make a mockery of the law and behave like a fascist … like a totalitarian functionary.

Call me a hopeless idealist if you want, but I have to believe that somewhere deep down inside even the most fanatical New Normals (or most of them anyway) is a decent human being, with principles, who does not want to be a fascist (or a least doesn’t want to look like a fascist), and who can still be reached, if they can be forced into the position that judge was forced into last week. I have to believe that each brief short-circuit, each momentary glimpse at themselves in the mirror, cumulatively, over the course of time, is eating away at their mental conditioning.

In any event, that’s the theory I’ve been operating under for quite a while. I guess I’ll try it out again at my next show trial.

Tyler Durden
Sun, 02/04/2024 – 22:10