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California Lawmakers Introduce The “Stop Nick Shirley Act”

California Lawmakers Introduce The “Stop Nick Shirley Act”

It would appear that independent journalist Nick Shirley’s expose on medical subsidies fraud in California, largely perpetrated by immigrants, was more devastating to Democrats than anyone could have guessed. 

After making waves in Minneapolis by revealing rampant daycare fraud run by Somali migrants feeding on millions in government subsidies (and likely funneling some of that cash to Democrat politicians), Nick Shirley traveled to the Golden State only to find more fraud, including voting scams and medical care scams. 

The investigation has apparently led to at least 21 arrests associated with medical fraud just after Shirley published his report, though no official sources have confirmed a direct connection.

This brand of taxpayer theft is an ever present problem within blue states where Democrats and migrants seem to work hand-in-hand.  But the real giveaway is the fact that Democrats, NGOs and leftist activist groups respond with such hostility to any efforts to expose migrant fraud.  

In Minnesota, the state government and NGOs enabled violent leftist mobs in order to distract from the Somali fraud issue and prevent ICE agents from making arrests.  This is how important these scam networks are to the political left.  

In California we find similar behavior, but this time lawmakers are actually pushing legislation that would help to prevent future journalists like Nick Shirley from identifying the locations tied to taxpayer theft schemes.

Shirley Responds

“California is trying to pass a bill that would criminalize investigative journalism with misdemeanors, $10,000 fines, imprisonment, and content takedown,” Shirley posted on X. “Under AB 2624, government-funded entities like the Somali “Learing” Daycare centers would be protected from being exposed if they operated inside California.”

Is the Bill Real and Current?

Yes – AB 2624 (2025-2026 session) is an active, real piece of legislation titled “Privacy for immigration support services providers.” It was introduced on February 20, 2026, by Assemblymember Mia Bonta (D), and it was amended on April 9, 2026. As of April 13, 2026, it has advanced through committee (read second time and amended) and remains in progress in the Assembly.

What the Bill Actually Does

The bill extends an existing address confidentiality program (modeled after protections for reproductive health care and gender-affirming care providers) to “designated immigration support services providers,” their employees, volunteers, and household members.

Key provisions include:

  • Prohibiting anyone from knowingly posting, displaying, disclosing, or distributing on the internet or social media the personal information or images of these individuals with the specific intent to incite violence, threaten harm, or enable a crime involving violence against them.
  • Banning soliciting, selling, or trading such information/images with the same harmful intent.
  • Penalties: Misdemeanor violations carry fines up to $10,000 per violation, imprisonment (typically up to 1 year), or both. It also creates civil remedies, including potential damages.
  • Confidentiality: It shields home addresses in public records and allows affected individuals to seek removal of threatening content.

Officially, the bill aims to protect workers at nonprofits and service providers (potentially including daycares serving immigrants) from doxxing and harassment amid rising threats of violence. It creates new crimes and state-mandated local programs but does not explicitly mention “journalism” or ban filming in public.

DeMaio Punches Back

Critics, led by Assemblymember Carl DeMaio (R), argue the bill is a direct response to Shirley’s viral investigations. Shirley has documented alleged widespread fraud in taxpayer-funded programs run by certain immigrant groups, including empty or minimally staffed daycares and hospices claiming millions in government reimbursements (one series alleged over $170 million in California fraud). His on-the-ground videos – often filmed publicly – have gone massively viral and prompted scrutiny.

During a recent Assembly committee hearing, DeMaio directly confronted the bill’s author, Mia Bonta, over language that would allow individuals affiliated with certain organizations to demand the removal of video recordings – even if taken in public – and even impose costly financial penalties against those who publish the videos online.

“California Democrats are trying to intimidate citizen watchdog journalists and protect waste and fraud happening in far-left-wing NGOs. AB 2624 can only be described as the ‘Stop Nick Shirley Act’ — a bill designed to silence citizen journalists exposing fraud and abuse of taxpayer dollars…”

DeMaio’s calls AB 2624 the “Stop Nick Shirley Act”:

“AB 2624 would allow activists and taxpayer-funded organizations to demand the removal of video evidence — even if it captures misconduct in plain view — and threatens journalists with massive financial penalties… If this bill becomes law, the message is clear to every journalist in California: expose corruption and you will be punished. AB 2624 is an unconstitutional direct attack on transparency and the First Amendment.”

The law would be a direct violation of the 1st Amendment, which is why Democrats included language of “violence and threats”, giving them a legal loophole which they hope will help them to circumvent freedom of speech protections.  If passed, it would allow any organization or fraud group involved in taxpayer theft to simply declare that they “feel threatened” or “have been threatened” and ostensibly force a citizen journalist to censor videos and articles that discuss the group’s criminal activities. 

In other words, Democrats are creating laws designed to protect criminals and criminalize free speech, but what else is new. They didn’t seem to have a problem with CNN harassing MAGA grannies. 

Tyler Durden
Mon, 04/13/2026 – 21:20

New York Versus The Nuns: The Dominican Sisters Face Penalties For Refusing To Yield On Religious Values

New York Versus The Nuns: The Dominican Sisters Face Penalties For Refusing To Yield On Religious Values

Authored by Jonathan Turley via jonathanturley.org,

New York has been a godsend for gun rights in passing a series of unconstitutional limits on Second Amendment rights only to result in major adverse rulings. It may soon do the same for the free exercise of religion. New York is now going head-to-head with a group of Dominican nuns over a law challenged as unconstitutional. New York Gov. Kathy Hochul and the state are being sued over a law that forces religious organizations to adhere to LGBTQ policies.  

Mother Marie Edward, O.P., explained to Fox News Digital that they will not set their faith aside under the threat of fines, loss of licensing and even jail time. She noted that they ask nothing from the state and ask to be allowed to offer charity without abandoning their religious principles:

We are consecrated religious Sisters and have one mission. It is to provide comfort and skilled care to persons dying of cancer who cannot afford nursing care. We do not take insurance or government funds or money from our patients or families. The care is totally free…

We are supported by the goodness of our benefactors. We do this without discriminating on the basis of race, religion, or sex. We do it because Jesus taught us that, when the least among us are sick, we should care for them, as if they were Christ himself.”

The Dominican Sisters of Hawthorne, who run Rosary Hill Home in Hawthorne, New York, objected that the law requires them to assign rooms by gender identity, not biological sex; allow access to opposite-sex bathrooms and coerce speech recognizing identities and relationships that violate Catholic values. It would also require staff training on gender ideology and the posting a public notice stating compliance with these demands.

According to a press release from the Catholic Benefits Association, the  New York State Department of Health sent the first in a series of “Dear Administrator” letters to the Hawthorne Dominicans’ Rosary Hill Home demanding compliance despite their religious objections. The nuns note that they have never had a single complaint filed over the treatment of its residents.

If they do not comply, the nuns face fines up to $2,000 per violation that increase up to $10,000 as well as the loss of licensing and up to one year in prison.

Hochul remains committed to compelling the nuns to comply — a position that may prove costly with Catholic voters in the upcoming election.

The Supreme Court has repeatedly struck down anti-discrimination laws compelling speech or conduct in violation of religious values.

For example, in Little Sisters of the Poor Saints Peter and Paul Home v. Pennsylvania (2020), the Supreme Court ruled 7-2 in favor of the Little Sisters of the Poor, allowing the Catholic nuns to refuse to provide contraceptive coverage in their health plans.

Tyler Durden
Mon, 04/13/2026 – 20:55

Federal Judge Dismisses Trump’s Defamation Lawsuit Against The Wall Street Journal Over Epstein Birthday Letter Report

Federal Judge Dismisses Trump’s Defamation Lawsuit Against The Wall Street Journal Over Epstein Birthday Letter Report

A federal judge in Miami dismissed President Donald Trump’s defamation lawsuit against The Wall Street Journal (and related defendants including its parent company Dow Jones and Rupert Murdoch) on April 13, 2026, ruling that the complaint failed to adequately plead the “actual malice” standard required for public figures.

President Donald Trump departs the White House on March 11, 2026. Madalina Kilroy/The Epoch Times

U.S. District Judge Darrin P. Gayles issued a 17-page order dismissing the case without prejudice, meaning Trump’s legal team can file an amended complaint by April 27, 2026. The judge emphasized that the original filing relied on “conclusory” and “formulaic” allegations of malice and fell short of the high legal bar established by New York Times v. Sullivan.

Trump’s Response on Truth Social In a post on Truth Social shortly after the ruling, President Trump stated:

Our powerful case against The Wall Street Journal, and other defendants, was asked to be re-filed by the Judge. It is not a termination, it is a suggested re-filing, and we will be, as per the Order, re-filing an updated lawsuit on or before April 27th.”

A spokesman for Trump’s legal team echoed this, saying:

“President Trump will follow Judge Gayles’s ruling and guidance to refile this powerhouse lawsuit against the Wall Street Journal and all of the other Defendants. The President will continue to hold accountable those who traffic in Fake News to mislead the American People.”

Background on the Lawsuit Trump filed the roughly $10 billion lawsuit in July 2025, shortly after The Wall Street Journal published its July 17, 2025, article. The story reported on a leather-bound birthday album compiled by Ghislaine Maxwell for Jeffrey Epstein’s 50th birthday in 2003. It included a sexually suggestive letter – allegedly bearing Trump’s signature and featuring a drawing of a naked woman – that reportedly contained typewritten text ending with “Happy Birthday – and may every day be another wonderful secret.”

Trump has consistently denied authoring or signing the letter, calling it fake. White House officials, including press secretary Karoline Leavitt and deputy chief of staff Taylor Budowich, publicly rejected the story in September 2025 after additional materials surfaced.

Judge’s Reasoning Judge Gayles noted that The Wall Street Journal had sought comment from Trump (who denied involvement), the Justice Department (no response), and the FBI (declined to comment) before publication. The article itself included Trump’s denial. The judge wrote that these facts undermined claims that the newspaper ignored contradictory evidence or acted with reckless disregard for the truth—the core elements of actual malice.

The court declined at this stage to rule on whether the statements in the article were actually true or false, calling those factual disputes better suited for later proceedings if an amended complaint is filed.

A Dow Jones spokesperson told multiple outlets: “We are pleased with the judge’s decision to dismiss this complaint. We stand behind the reliability, rigor and accuracy of The Wall Street Journal’s reporting.”

The case remains ongoing pending any amended filing. This dismissal is procedural and does not resolve the underlying factual dispute over the authenticity of the 2003 letter.

Tyler Durden
Mon, 04/13/2026 – 19:40

Biden FDA Knew About COVID Vaccine Stroke Risk And Kept Americans In The Dark

Biden FDA Knew About COVID Vaccine Stroke Risk And Kept Americans In The Dark

Senate investigators spent months reviewing roughly 2,000 pages of federal records. What they found is damning. FDA and CDC officials under the Biden administration identified a significant stroke risk tied to Pfizer’s COVID-19 bivalent booster in seniors – and never breathed a word to the public.

Sen. Ron Johnson (R-WI), chairman of the Senate’s Permanent Subcommittee on Investigations, sent a formal letter to HHS Secretary Robert F. Kennedy Jr. laying out the evidence. He wasn’t speculating. He was citing the government’s own files.

“HHS records show that as early as October 2022, federal health officials identified a potential connection between the Pfizer-BioNTech COVID-19 bivalent booster and ischemic stroke for individuals over the age of 65,” Johnson wrote.

An ischemic stroke means a blockage of blood to the brain. Between November 2022 and March 2023, seven separate analyses of incoming data flagged the same stroke signal — specifically in adults over 65. CDC data cited by Johnson shows 226 stroke cases reported between August 2022 and February 2023, with additional cases surfacing throughout 2023 and 2024.

Despite the risk, the Biden administration issued no formal warnings. No Health Alert Network message. No changes to booster recommendations for seniors. Nothing.

Instead, in February 2023, HHS quietly hired a private contractor, Lukos LLC, to conduct a deeper internal investigation, dubbed “The Stroke Project.” Publicly, officials kept insisting the vaccines were safe.

“From the initial detection of the safety signal in late 2022 … health officials continued to say the vaccine was safe while simultaneously searching for evidence to support that assertion,” Johnson said.

It gets worse. Federal officials drafted a communications plan about the stroke risk that included a “Tough Questions and Answers” section prepared for President-ish Biden and his White House team. During final edits, the description of the stroke signal was quietly changed from “moderately elevated” to “slightly elevated.” Who made that change? Nobody knows. The language softened, the edit went unattributed, and the public remained in the dark.

The pattern is consistent. Senate investigators previously established that Biden officials also downplayed the risk of vaccine-induced myocarditis and kept that from the public. This wasn’t a one-time failure. It was a system.

Here’s what makes this cover-up even more infuriating. The Biden administration showed it was more than willing to pull the plug on a vaccine when it wanted to. 

In April 2021, officials paused the Johnson & Johnson (Janssen) vaccine due to blood clot concerns. The controversial move was pitched as proof of the administration’s commitment to safety. At the time of the pause, six cases of severe blood clots had been reported out of nearly 7 million doses administered. So when 226 stroke cases surfaced tied to Pfizer’s bivalent booster in the most vulnerable seniors, the same administration did nothing. That double standard wasn’t accidental; it was deliberate.

The fallout from that kind of institutional betrayal is hard to overstate. According to the Kaiser Family Foundation, fewer than half of all Americans now trust the CDC and FDA to operate free from political or special-interest influence. 

Tyler Durden
Mon, 04/13/2026 – 18:50

The Case Against Public-Sector Unions

The Case Against Public-Sector Unions

Authored by Aaron White via RealClearPolicy,

America’s public-sector unions have a problem they can’t explain away: Workers are leaving.

Ask a public employee when they joined their union and most couldn’t tell you. Because they didn’t join. The dues just started coming out of their check.

That’s not a membership, and for decades nobody told workers they could opt out.

That changed in 2018, when the U.S. Supreme Court affirmed in Janus v. AFSCME that no government employee can be forced to join or pay dues to a labor union.

Hundreds of thousands opted out the moment they found out— the Freedom Foundation alone has helped more than 265,000 workers exercise their First Amendment rights since the ruling was issued.

Union leaders don’t talk about that number.

For decades, public-sector unions ran on automatic – automatic dues collection, automatic membership, automatic political spending – whether the worker wanted it or not.

The National Education Association confiscated $390 million in dues revenue during the most recent fiscal year from nearly 2.9 million members – most of it seized directly from taxpayer-funded paychecks before the workers could even see it.

In California alone, public education unions are estimated to collect more than $800 million per year. That money doesn’t come from convincing workers the union is worth it. It comes from a system designed so workers never had to be asked.

When the Supreme Court exposed their scheme in Janus, unions had to find other ways to keep the cash spigot open — including literally criminalizing their opposition.

Oregon, for example, effectively passed a law last year making it illegal to send public employees a mailer explaining their right to opt out. In theory, the law only bans marketing materials whose sender attempts to deceive the recipient into believing it was sent by their union. But in practice, the legislation is written so broadly that a left-leaning judge could easily construe nearly any outreach to union members as such an impersonation, subjecting the sender to potentially hundreds of thousands of dollars in fines.

To be clear, the law is specifically intended to thwart the Freedom Foundation, which has helped thousands of public-sector union members in Oregon opt out of their union. And other blue states are following suit.

New York lawmakers are currently considering an identical bill. In Hawaii, a similar measure has already cleared its second legislative committee.

The bills use the same language because the same people are writing them. Union-backed legislators, coordinating across state lines, are abusing their power to impose laws designed to prevent workers from understanding their First Amendment rights.

If you have to pass a law to stop people from finding out they can leave, you’ve already lost the argument.

This is Big Labor’s playbook. Unions are forging worker signatures on membership applications, signing people up without asking them, then taking dues from their paychecks. When workers try to resign, the union hands them documents they’d never seen, let alone signed.

Chaquan May, a California caregiver and mother, described what happened when she first encountered SEIU 2015 representatives at an orientation for newly hired in-home healthcare providers. “They locked us in a room,” she said. “One of the head union workers hovered over me at the table and stood there and told me, ‘What are you waiting for? Just sign it.’ I honestly felt scared and just went ahead and signed it out of fear.”

The Freedom Foundation has filed a class-action lawsuit against SEIU 2015 on behalf of May and a dozen other workers like her.

Meanwhile, the NEA’s president pulled in more than $514,000 in salary last year — a pay raise of $80,000 since she took office.

The union reported more than $51 million in disbursements for political activities and lobbying in the same period. The NEA and the American Federation of Teachers have together put $43.5 million into political organizations since 2022.

This is what the dues are for. Not the worker, the machine.

The reforms are commonsense:

  • make re-enrollment annual and affirmative — if a worker wants to belong, they sign up every year
  • end automatic payroll deductions so dues are a visible, conscious transaction
  • require unions to disclose political spending the same way corporations have to 

These are exactly the kinds of reforms Oregon, New York and Hawaii are working to prevent — not by defeating them in debate, but by making it illegal to tell workers such options exist.

Unions that fight every one of those reforms are telling you the membership numbers don’t hold up if workers get a real vote. The hundreds of thousands of workers who left after Janus proved it.

The fight now is making sure that choice stays real, and that the people trying to take it away don’t succeed one forged signature, one locked room and one state legislature at a time.

Aaron Withe is the CEO of the Freedom Foundation, a nonprofit organization dedicated to protecting workers’ rights and advancing employee freedom across America.

Tyler Durden
Mon, 04/13/2026 – 18:25

Swalwell Admits “Mistakes”, Plans To Resign From Congress

Swalwell Admits “Mistakes”, Plans To Resign From Congress

Summary (in reverse chronological order)

  • Eric Swalwell’s California governor campaign collapsed after sexual assault allegations.
  • Former staffer alleged harassment plus two assaults while she was intoxicated.
  • Four women total have accused Swalwell of sexual misconduct.
  • Swalwell denies all claims as false and politically motivated.
  • Major Democratic allies withdrew support and called for him to exit the race.
  • Swalwell suspends Gubernatorial campaign
  • Swallwell announces he will resign from Congress

Given all that, it appears Trump-hating billionaire, Tom Steyer is now the runaway favorite to become the next California Governor:

Source: Polymarket

*  *  *

Swalwell to Resign from Congress

California Democratic Rep. Eric Swalwell announced via a statement on X that he will be resigning from the House, a day after he suspended his gubernatorial campaign in the wake of sexual misconduct allegations.

“I am deeply sorry to my family, staff, and constituents for mistakes in judgment I’ve made in my past. I will fight the serious, false allegation made against me. However, I must take responsibility and ownership for the mistakes I did make.”

Swalwell has strongly denied the allegations of rape. In a social-media message late Sunday, in which Swalwell announced that he was suspending his campaign in the California governor’s race, the lawmaker said he “will fight the serious, false allegations that have been made.” And yet, in his resignation tweet he admits “mistakes” but is still going to fight the allegations.

Well, better to quit than get fired:

I am aware of efforts to bring an immediate expulsion vote against me and other members. Expelling anyone in Congress without due process, within days of an allegation being made, is wrong. But it’s also wrong for my constituents to have me distracted from my duties. Therefore, I plan to resign my seat in Congress.

It was not immediately clear when the lawmaker would formally leave his role, but Swalwell said he would work with his staff to ensure they are able to still help constituents in his absence. 

Ahead of Swalwell’s announcement, the WSJ reported that lawmakers had coalesced around the idea of an even trade – one Democrat for one Republican – to spread the ignominy across both parties and preserve the fragile balance of power in the House, where Republicans have a tiny majority. Expelling a member requires a two-thirds vote, needing overwhelming support from both parties.

Rep. Anna Paulina Luna (R., Fla.) said she would file a motion to expel Swalwell, while exploring whether she can pair that with a motion to expel Gonzales. Rep. Byron Donalds (R., Fla.) is among the Republicans who said they would vote to expel both Swalwell and Gonzales, while Reps. Jared Huffman (D., Calif.) and Pramila Jayapal (D., Wash.) are advocating for the move on the Democratic side.

Swalwell Suspends Gubernatorial Campaign

Update: Swalwell suspended his California gubernatorial campaign on Sunday as furor over his sex assault allegations reached a fever pitch.

“To my family, staff, friends, and supporters, I am deeply sorry for mistakes in judgment I’ve made in my past,” he wrote on X. “I will fight the serious, false allegations that have been made — but that’s my fight, not a campaign’s.” 

Swalwell’s decision came after a firehose of Democrats pulled their support and told him to quit. 

* * *

Swalwell Denies Allegations, Staff & Backers Abandon Congressman

Since the San Francisco Chronicle story and initial fallout (including Hakeem Jeffries’ call for Swalwell to step down), Swalwell released a video across social media strongly denying the allegations as “flat false” and confirming he is not dropping out of the governor’s race. In the video Swalwell specifically referred to the accusations as coming from “anonymous” people, even though at least one woman (the primary accuser) has come forward publicly and given an on-camera interview to CNN.

CNN’s follow-up confirmed four women total have now alleged misconduct – including the named Chronicle/CNN accuser (former staffer) plus three others citing unwanted touching, intoxicated encounters, and unsolicited explicit messages or nude photos. Additional prominent Democrats (Sen. Adam Schiff, campaign co-chairs Reps. Jimmy Gomez and Adam Gray) withdrew endorsements and joined calls for Swalwell to exit the race and resign from Congress. More unions and rival candidates echoed those demands.

The campaign saw continued staff departures, quietly removed its endorsements page (now a 404 error), and faces legal threats against accusers. Prediction markets price his win odds at roughly 4-5% and show ~86%+ odds he drops out before the June primary. Republicans (including Rep. Anna Paulina Luna) have filed motions to expel him from the House. No formal investigations or lawsuits have been publicly filed yet, but the political damage appears severe and possibly irreversible.

Eric Swalwell’s chances of becoming California’s next corrupt governor cratered on Friday after detailed sexual assault allegations from a former district-office staffer were published in the San Francisco Chronicle

Polymarket odds of becoming California’s next governor are at 4% as of this writing…

Will Eric Swalwell win the California Governor Election in 2026?
Yes 5% · No 96%
View full market & trade on Polymarket

* * *

The stunning drop – visible in real time on platforms such as Polymarket, where “Yes” contracts on Swalwell’s victory traded as high as $1,100 earlier in the day before cratering to pennies – reflects a campaign that appears to be in free fall just weeks before ballots drop in the June primary. Traders piled into the “No” side at 96 cents, effectively pricing in the congressman’s political demise in the nation’s largest state.

The Allegations

A woman who worked in Swalwell’s Castro Valley district office for nearly two years, beginning around 2019 when she was 21, alleged that Swalwell sexually harassed her as soon as she started, that they had some consensual encounters while she was on staff, and that he twice sexually assaulted her when she was too intoxicated to consent – once in a 2019 hotel room and again in 2024 after she had left his office. The woman, who is not named in the story, told the Chronicle she felt pressured by his position of power and has lived in fear of coming forward.

“She said Swalwell, who is married and 17 years her senior, tried to kiss her in her car when she drove him home from a donor meeting one night. Driving him to another event weeks later, she said Swalwell pulled out his penis in the car and asked her to perform oral sex on him. She said she did so in a parking lot.

In September 2019, the woman said, Swalwell invited her out for drinks and she became so severely intoxicated that she does not remember the rest of the night. She said she woke up naked in Swalwell’s hotel bed and could feel the effect of vaginal intercourse. She said Swalwell distanced himself from her afterward and the relationship faded.” -The Chronicle

Swalwell immediately rejected the claims as “false” …hang on… 

…and politically motivated, calling them a last-ditch effort to kneecap the Democratic primary leader. “For nearly 20 years, I have served the public — as a prosecutor and a congressman – and have always protected women,” he said in a statement. “I will defend myself with the facts and where necessary bring legal action.” His attorney sent a cease-and-desist letter to the accuser’s counsel threatening defamation litigation.

The allegations landed as the campaign was already reeling from weeks of unverified social-media rumors about inappropriate conduct with female staffers. By Friday, the fallout was swift and brutal.

At least four senior aides had resigned in anticipation of the story, according to multiple Democratic sources familiar with the situation. Unions that had endorsed Swalwell, including the powerful UFCW Western States Council, withdrew their support and called on him to suspend his campaign. “The allegations … are extremely detailed, troubling, and gut-wrenching,” the union said in a statement.

Even longtime ally Rep. Ted Lieu (D-Calif.) publicly withdrew his endorsement. House Speaker Emerita Nancy Pelosi, who had been neutral in the race, issued a carefully worded statement Friday night: “This extremely sensitive matter must be appropriately investigated with full transparency and accountability. As I discussed with Congressman Swalwell, it is clear that is best done outside of a gubernatorial campaign.”

* * * UpdateHouse Speaker Hakeem Jeffries has called for Swalwell to step down, as well as for an investigation.

Swalwell’s campaign manager, Yardena Wolf – his longtime chief of staff who moved over to run the gubernatorial operation – had personally briefed a small group of online influencers earlier in the week on the initial rumors, sticking to the campaign’s line that the claims were “false, outrageous” and that no NDAs or ethics complaints existed. Wolf has not issued a new public statement since the Chronicle story dropped, and a campaign spokesperson was unreachable Friday night amid the staff exodus.

The political math in California has shifted overnight. Just weeks ago, Emerson College polling showed Swalwell leading a fragmented Democratic field with 17 percent support and 25 percent undecided. Prediction markets briefly pegged his chances above 60 percent. He had positioned himself as the Democrat best equipped to counter the Trump administration from Sacramento, leveraging his national profile and prosecutorial background.

Now the race is wide open. Rivals who once struggled for attention are suddenly the story, while progressive voices that once gave Swalwell the benefit of the doubt are demanding full investigations – or his immediate exit from the race and even Congress.

The timing has fueled intense partisan finger-pointing. Swalwell allies describe the allegations as a coordinated hit job engineered by flailing opponents and amplified by conservative voices. Supporters of the accuser counter that the details are credible, long-suppressed and too serious to ignore for a candidate seeking the state’s highest office.

Whatever the ultimate legal or electoral verdict, the market verdict is already in. The blue line on the betting charts has turned into a cliff – and Eric Swalwell’s path to the governor’s mansion has all but vanished.

Needless to say, not even Chinese spies will be interested in Eric after this.

Tyler Durden
Mon, 04/13/2026 – 18:05

YouTube Removes Pro-Iran Channel Producing Anti-Trump Videos

YouTube Removes Pro-Iran Channel Producing Anti-Trump Videos

Via Middle East Eye

Google, the owners of YouTube, has removed a channel on the platform belonging to a pro-Iran group producing Lego-themed videos mocking Donald Trump.

“Upon review, we’ve terminated the channel for violating our Spam, deceptive practices and scams policies,” a YouTube spokesperson told Middle East Eye. “YouTube doesn’t allow spam, scams, or other deceptive practices that take advantage of the YouTube community.” 

Explosive Media’s content largely consists of animations ridiculing the US war effort against Iran and poking fun at the US president.

YouTube did not specify how the channel had violated its policies, but the company has previously been described as being “aligned with the Islamic Revolutionary Guard Corps”.  

One of the group’s videos depicts Trump hurling a chair at US military figures, while Iranian generals press a red button with the label “Back to the Stone Age,” referencing a threat made by Secretary of War Pete Hegseth. Another depicts Trump with a flaming bottom, holding a sign that reads: “VICTORY! I am a loser.”

A number of videos reference Shia Islamic mythology, including depictions of Hussein ibn Ali, the grandson of the Prophet Muhammad, who is a key symbol of resistance and spiritual leadership for Shia Muslims. 

Writing on X, Explosive Media hit out at Google for suspending its channel, saying it had been done because its content was “violent”. It wrote: “Seriously! Are our LEGO-style animations actually violent?” 

Explosive Media, known in Persian as Akhbar Enfejari, has denied it is backed by the Iranian government and its videos have reached millions of viewers across a range of social media platforms.

Its most recent video prior to being suspended appeared to show Trump carrying out the war in Iran to distract from the Epstein files and at Israel’s behest.

It also implied that Epstein and his associates had engaged in cannibalism, for which there is no evidence. An earlier video referenced other victims of US violence through history, including Native Americans, the Vietnamese and the children of Gaza, Hiroshima and Nagasaki. It also quoted Malcolm X. 

Content war

Social media has increasingly become a major platform for the war of words between the US, Israel, Iran and their various supporters and opponents.

Trump’s White House has also put out largely AI-generated imagery and videos that aggrandize the president and project American power. Earlier on Monday, Trump posted an image on his Truth Social network that appeared to present him as Jesus Christ.

Much of it will be lost on Iranians, however, as they are currently under the longest internet blackout in historyaccording to monitoring group NetBlocks.

The Islamic Republic regularly blocks internet access in Iran during periods of unrest. The government says the move is aimed at countering misinformation, but critics say it provides cover for violent state crackdowns. Some have been able to circumvent the block using alternative methods such as the Starlink satellite, while government allies have been granted exceptions.

Speaking to the BBC, the head of Explosive Media, who referred to himself as “Mr Explosive”, said his team consisted of fewer than 10 people and that the Iranian government was a “customer” of his company.

Tyler Durden
Mon, 04/13/2026 – 17:40

As The Worms Turn…

As The Worms Turn…

Authored by James Howard Kunstler,

“They’re holed up in a bank demanding three large pizzas, a helicopter, and a personal phone call from Sydney Sweeney…”

– Greg Gutfeld on Iran’s negotiating position

The Russians have a phrase for it: negotiation-incapable (ne peregovorosposobny).

That is what the Iran delegation demonstrated during a long day of talks with the US team over the weekend in Islamabad. What part of “no nukes” didn’t they understand? All of it, apparently. The corollary question on the table — arguably more pressing for Iran — was: how much more punishment are you willing to suffer to sustain your dream of atomic bombs? You have no defenses left, no control of your air-space. Do you just want to sit in the dark for the next hundred years?

Such is the obduracy of the Shia death cult. They have no friends left in the world. Russia, you think? Not really. That relationship was pegged to geopolitical dynamics that are dead and gone. Russia is much better off normalizing relations with the USA so we can both be safe and secure in our spheres of influence. Europe is busy committing suicide. In this situation, China is little more than Iran’s very unhappy customer. Maybe Uncle Xi Pooh Bear can try talking some sense to whoever is left in-charge at the IRGC. . . give up your lunatic bomb dreams and just re-open the dingdang gas station! Pretty Please!

Anyway, why interfere with US operations in Hormuz? The USA is wresting control of the Persian Gulf from these maniacs who can’t be trusted to just stay open for business. Japan, the two Koreas, Indochina, India, also have to stand by with mounting frustration as these jihad-happy idiots starve Asia’s economies. A change in Iran’s attitude can’t happen soon enough and Mr. Trump is on the case. The blockade starts at 10a.m. today, Monday. Whatever’s left of Iran’s revenue stream goes out the window. Maybe they lob some rockets and drones at our ships. Maybe they hit something, maybe not. We’ll see where they launch from and that will be the end of X-number of remaining launch sites. Then there are the bridges, the power plants. FAFO mofos.

About those 1000 pounds of 60-percent enriched uranium (their precious bomb fixings)… You must imagine that it is either buried deeply under the rubble of Fordoz and Isfahan, or maybe distributed in many secret hidey-holes all over the place… or perhaps sitting booby-trapped somewhere.

In short, there are many reasons to think that no special forces operation will be able to get at it.

So, the only other conclusion is that Iran must be driven to a place where they will surrender the stuff willingly themselves.

That could be a harsh place.

While you stay tuned to events there, plenty more developments break elsewhere in this raucous world.

Viktor Orban was voted out in Hungary. How did that happen? Maybe genuine public sentiment (sixteen years of Viktor O enough?). Maybe a whole lot of Soros money involved, plus EU backstage ballot shenanigans. Mr. Orban conceded graciously in any case, patriot that he is. Expect a blizzard of narratives to follow.

The truth will be hard to sort out. And it remains to be seen whether the new president, Peter Magyar, will throw open Hungary’s borders, hoist the pride flags, and give up importing Russian oil and natgas — all per the EU’s policy regime.

Here in the homieland, the fabulously loathsome Rep. Eric Swalwell, lover of Fang-Fang and accused multiple rapist of his office girls, shameless serial liar, and all-around uber jerk-off, has lost his shot at bringing additional ruin as governor to the forlorn state of California.

Might even be ejected from his seat in Congress. Oh, happy day!

Rumored to be released this week by the House Intelligence Committee: the transcript of former Intel Community Inspector General Michael Atkinson’s testimony about events that led to Impeachment #1 of Donald Trump in 2019.

The transcript has been locked away in a vault since October, 2019. Tulsi Gabbard rooted it out. The shadowy Atkinson played a crucial role in positioning “whistleblower” Eric Ciaramella to spark off charges of the “Ukraine quid pro quo” phone call against the president. Ciaramella was then a CIA agent planted in the National Security Council. He may have been involved earlier in co-authoring the fake Intelligence Community Assessment (ICA) that kicked off the RussiaGate hoax in 2017. For Impeachment #1 Atkinson reportedly changed the whistleblower rules to allow Ciaramella to convey second-hand hearsay from sketchy NSC member Col. Alexander Vindman to Rep. Adam Schiff, then chairman of the House Intel Committee. The chain of actions suggests the impeachment was a CIA setup.

The CIA director at the time was Avril Haines.

Ms. Haines ran the London CIA field office during the period when former MI6 agent Christopher Steele was concocting the notorious Steele Dossier at the center of RussiaGate.

It has long been suspected that RussiaGate was a joint CIA / MI6 operation.

Isn’t it about time that Avril Haines sat for a deposition in these various matters?

It might be nice to know if our main Intel Agency was involved in serial schemes to overthrow the US government.

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

Tyler Durden
Mon, 04/13/2026 – 16:20

The Strait Of Hormuz Crisis Exposes A Fatal Flaw In Economic Thinking

The Strait Of Hormuz Crisis Exposes A Fatal Flaw In Economic Thinking

Authored by Kurt Cobb via Resource Insights,

  • Even a 4–5% loss in global energy supply could translate into a comparable drop in economic activity due to energy’s central role in all production.

  • Disruptions in oil and LNG flows through the Strait of Hormuz are already removing a significant share of global energy, with cascading impacts across industries.

  • Rising energy costs trigger widespread knock-on effects—from food and travel to semiconductors—potentially leading to a severe global recession.

A priest, an engineer, and an economist are stranded on a desert island. The first order of business is to get some food. The priest suggests that they all pray. The practical-minded engineer suggests that the three men make a net to catch some fish. But where will they find the necessary materials? The priest and the engineer turn to the economist and ask him if he has any ideas. The economist replies, “Assume a fish.”

This well-worn economist joke summarizes one of the chief flaws in contemporary economic theory.

That theory almost completely ignores the role of physical resources, assuming they will always be available in the quantities we need at prices we can afford at the time we need them. When those resources aren’t available, that theory begrudgingly accepts that there will be some damage to economic activity, but tends to greatly underestimate the impact.

This conceptual flaw explains why economists in most financial institutions and governments, and thus investors, are not especially alarmed at the loss of energy resources, as stock market indices remain not too far from their recent highs.

For a good summary of how contemporary economic theory goes off the rails, Australian economist Steve Keen offers a mercifully brief and comprehensible explanation. Here I will relate one critical part of that explanation. About 5.7 percent of U.S. GDP is devoted to procuring and distributing energy. Most economists will tell you that a 10 percent decline in energy availability would have a small effect on the U.S. economy. They would take the percentage of the economy devoted to energy, in this case 5.7 percent, and multiply it by 10 percent to arrive at a 0.57 percent reduction in economic activity.

This conclusion is utter nonsense and not even close to what the effects would be.

The reason is that energy is the master resource. It cannot be treated like other resources. Energy is the resource that makes all other resources available. Nothing gets done without energy. The correlation between economic activity and energy use is 0.9 (where 1.0 represents a perfect correlation). This should come as no surprise. When the economy is growing, energy use grows with it as energy fuels the economic activity that pushes growth.

What this implies is that a 10 percent reduction in energy availability is much more likely to result in a decline in economic activity closer to 10 percent than to one-half percent.  For comparison, the real GDP of the United States fell 4.3 percent during the Great Recession, which lasted from December 2007 through June 2009.

So, how much energy is currently being denied to the global economy by the closure of the Strait of Hormuz? No one knows for certain. We do know that liquefied natural gas (LNG) exports from Qatar were previously transiting through the strait. And, close to 20 percent of the world’s oil supply was also passing through the strait on a daily basis.

None of Qatar’s LNG exports are currently passing through the strait. Some estimates say 12 percent of the world’s oil is now prevented from leaving the Persian Gulf (though a key pipeline in Saudi Arabia that sends oil to the Red Sea has now been damaged and may add to the total outage). Some oil cargoes from Iran have left the Persian Gulf, and Iraq may soon also send cargoes. Some oil is now being diverted via pipeline to ports other than those on the Persian Gulf. Those pipelines may be attacked as the war continues, so the amount of oil previously exported via the Strait of Hormuz that is being diverted through them could decline.

Okay, here’s some math to help you sort out what this all means:

1. Natural gas exports coming from Qatar are no longer being shipped. According to the U.S. Energy Information Administration, in 2024, Qatar provided 3 percent of the world’s natural gas, primarily in the form of LNG. Since natural gas provides about 23.5 percent of the world’s energy, by multiplying 3 percent by 23.5 percent, we arrive at a loss of 0.7 percent of the world’s total energy. It doesn’t seem like much, except the effects are quite uneven. In the United States, we fuel our economy with pipeline natural gas and send the extra abroad both via pipeline and LNG freighters. But 42 percent of Taiwan’s electricity is generated using LNG imported primarily from the Persian Gulf. That’s a huge hit. And, lack of electricity spells trouble for industry, including the Taiwanese semiconductor industry, which supplies much of the world. Of course, Taiwan will seek out other sources of LNG. But will the country be able to find LNG in sufficient quantities? LNG is usually delivered under long-term contracts, and only a small fraction of it is available in what is called the spot market, which isn’t committed under long-term arrangements.

2. The situation with oil is much worseOil provides about 31.5 percent of total world energy. Losing 12 percent of it means that the world has lost about 3.8 percent of its energy supply. Again, it may not seem like much, but it is a commodity that has very broad and critical energy and non-energy uses in the economy, for example, as the basis for gasoline, diesel, heating oil, and jet fuel; as a feedstock for many petrochemicals, including plastics; and as a lubricant for countless machines and vehicles worldwide. That loss of oil availability has already had huge impacts—and has sent prices soaring because people and companies feel they cannot do without these oil products. 

We must also keep in mind that the 12 percent estimate may be too small and that the loss is cumulative. Less oil is being delivered into the global economy every day the Strait is closed. As stored oil is depleted, the situation will get desperate, and prices will move much higher. Again, effects are uneven. Countries that rely on imports and aren’t wealthy will suffer the most.

3. So let’s put the loss of oil and natural gas together to arrive at a total loss of 4.5 percent of the world’s energy supply. Since economic activity and energy are closely correlated at 0.9, we can multiply 4.5 percent by 0.9 to get about 4 percent of economic activity potentially subtracted from the world economy every day that the Strait of Hormuz remains closed. As mentioned above, the Great Recession caused a 4.3 percent drop in economic activity in the United States. So, it would appear that we are on track for consequences almost as severe as those of the Great Recession if this energy loss continues for much longer.

But this seriously understates the case. The Great Recession was primarily a financial crash. Though oil prices were high, there was no abrupt cutoff of supply to the market. Now, however, loss of energy and related chemical feedstocks is having many knock-on effects on the world economy. For example, rising costs for plastics will tend to curtail the consumption of such products. Rising fuel costs will lead to more expensive air travel as airlines pass fuel costs on to passengers. That means there are likely to be fewer passengers as some choose to fly less often and others are simply priced out of the market altogether. And that means further knock-on effects as fewer hotel rooms are booked and fewer rental cars are rented. Rising diesel and fertilizer prices (nitrogen fertilizer is made primarily from natural gas) will mean higher crop production costs, which are passed on to food processors and ultimately to consumers.

In addition to the squeeze on energy and non-energy products derived from oil and natural gas, about one-third of the world’s helium (a co-product of natural gas reservoirs) is now unavailable. Helium is essential for the production of semiconductors. Manufacturers of semiconductors will have to pay much more for helium or curtail semiconductor production. If those manufacturers successfully purchase what they need, then other users such as hospitals (in MRI machines), university researchers, and welders (who use it as shielding gas to make strong welds) will have to go without.

In general, as consumers and businesses pull back on spending due to rising costs and economic uncertainty, demand for many products will fall and companies will be forced to cut back on production and ultimately on workers. As workers are laid off, this reduces overall demand further, which can lead to a cascade of shrinking economic activity.

Even more danger lies ahead. If the war continues and threats on both sides to destroy oil and natural gas infrastructure are carried out in part or in whole, the world could be denied even more oil and natural gas – not just for the duration of the war, but for years afterward, since it would take years to rebuild this infrastructure. Some losses might be permanent, for when underground reservoirs of oil and gas are closed in, they can be damaged for various reasons I won’t go into here.

It is not easy for the economy to adjust to such a shock, and the most likely outcome is a severe recession.

Widespread destruction of oil and natural gas infrastructure in the Persian Gulf could quickly lead to a worldwide depression from which it would be difficult to emerge.

We cannot, as the joke above states, just “assume a fish” or, in this case, assume that oil and natural gas deliveries will resume soon at the levels we require at the time we need them to at prices we can afford.

Rather, we are now obliged to take seriously the possibility that our energy-drenched lives will have to be curtailed in ways previously unthinkable.

The risks of a fossil-fuel dependent economy that runs on a just-in-time basis have now become manifest, and we have no choice but to adapt.

Tyler Durden
Mon, 04/13/2026 – 15:40

Bank Lobby Fires Back At White House, Saying Stablecoin Study Ignores Community Bank Threat

Bank Lobby Fires Back At White House, Saying Stablecoin Study Ignores Community Bank Threat

Authored by Micah Zimmerman via BitcoinMagazine.com,

The American Bankers Association is warning that the White House’s latest stablecoin study is asking the wrong question and underestimating the threat to community banks.

On April 8, the Council of Economic Advisers released a 21‑page paper modeling what happens if payment stablecoin issuers are barred from paying yield. The analysis, tied to the 2025 GENIUS Act’s prohibition on interest for payment stablecoins, finds that banning yield would raise bank lending by only about 2.1 billion dollars, or roughly 0.02% of a 12 trillion dollar loan book. 

The report also estimates that consumers would forgo around 800 million dollars in returns, producing a cost‑benefit ratio of 6.6 in which lost yield outweighs gains from slightly lower borrowing costs. 

In short, White House economists concluded that stablecoin yield, under current conditions, is unlikely to trigger the sweeping deposit flight some academic studies had projected.

ABA: the real risk is yield‑paying coins at scale

The American Bankers Association fired back today, arguing the CEA framed “the wrong question” by focusing on the effect of a prohibition rather than the impact of allowing yield as the market grows. 

ABA chief economist Sayee Srinivasan and banking research VP Yikai Wang warned that yield‑paying payment stablecoins could accelerate deposit migration out of insured accounts, especially at community banks. 

Their analysis points to a future market of 1 to 2 trillion dollars in payment stablecoins, where competitive yields on tokens backed by Treasuries and other safe assets become a direct rival to local deposits. In that scenario, they say, even single states could see multi‑billion‑dollar contractions in bank lending as cheap funding drains away.

Deposit stablecoin reshuffling vs. community bank pressure

The White House paper stresses that when consumers move cash into stablecoins, issuers reinvest reserves into Treasury bills, repos, and money‑market funds, sending most of the money back into the banking system. 

That “reshuffling” means aggregate deposits stay largely flat, and, with banks currently holding over 1.1 trillion dollars in excess liquidity, the model finds little system‑wide constraint on lending. 

The ABA response counters that this misses what happens at individual institutions when deposits walk out the door, forcing community banks to replace funding with higher‑cost wholesale borrowing or by raising deposit rates. 

Those higher funding costs, they argue, translate into less local credit and higher loan rates for households, farmers, and small businesses that rely on relationship lenders.

The debate lands on top of the GENIUS Act, the 2025 law that created the first federal regime for payment stablecoins and hard‑coded a ban on issuers paying yield to holders. 

That ban does not extend to third‑party platforms, leaving room for arrangements such as Coinbase’s USDC rewards, which share reserve income with users at rates similar to high‑yield savings accounts. 

Some versions of the proposed CLARITY Act would close this channel by barring intermediaries from passing yield through, a move the CEA notes but does not fully evaluate. ABA’s authors say policymakers should treat a prohibition on yield as a “prudent safeguard” that keeps stablecoins in a payments role instead of letting them evolve into a high‑yield substitute for insured deposits.

Both sides touch on a deeper question: whether yield‑bearing stablecoins effectively create a form of narrow banking that siphons funds out of traditional credit intermediation. The CEA frames narrow‑bank‑like structures as potentially safer for payments, assuming reserves stay in Treasuries and other ultra‑safe assets, while downplaying near‑term lending losses. 

The ABA warns that pushing activity into such models without a plan to preserve community‑bank lending ignores Congress’s reluctance to endorse central bank digital currencies for similar reasons. 

With more than 80% of stablecoin activity already offshore and issuers holding Treasury portfolios larger than some sovereigns, the White House also flags global demand and U.S. borrowing costs as an underexplored part of the yield debate.

Tyler Durden
Mon, 04/13/2026 – 15:00