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California Faces Fuel Disaster As Refineries And Gas Stations Shut Down

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California Faces Fuel Disaster As Refineries And Gas Stations Shut Down

The Democrat crusade to divert blame for the stagflation crisis triggered during the Biden Administration led them down a path of economic lies.  The central theme of their narrative was that corporations were “price gouging” consumers and inflation was actually a product of “corporate greed.”  In reality, helicopter money and dollar devaluation during the pandemic triggered a massive consumer demand rush as well as shortages in a variety of goods and raw materials.

The profit margins in many of these industries were paper thin as their manufacturing and labor costs skyrocketed, yet Democrats tried to scapegoat them anyway.  The word “accountability” is not in the leftist vocabulary.

We are only now starting to witness the aftermath of the legislation and policies put in place by blue states as a means to control prices.  California under Governor Gavin Newsom may have staged its own economic demise (the final nail in the coffin) after laws were passed requiring even greater state interference into oil refineries and gas stations.

Gavin Newsom ‘s major refinery law, ABX2-1 (signed Oct 2024), gives the state power to mandate minimum fuel storage levels and control refinery maintenance to prevent price spikes, empowering the California Energy Commission (CEC) to stabilize supply. This builds on earlier efforts (like SB X1-2) creating an oil market watchdog (DPMO) to increase oversight, aiming to stop refiners from manipulating supply for profit, while also adding data reporting requirements for companies.

In response, companies are shutting down refinery operations in the state.

Lawmakers in California at both the state and federal levels are warning that refinery closures could push prices higher while leaving the state more dependent on foreign oil.  At the center of the warning is the planned shutdown of two major refineries: Valero’s Benicia facility and Phillips 66’s Los Angeles plant. Together, the closures would eliminate nearly 20% of California’s in-state refining capacity.

Experts suggest prices could go as high as $10-$12 per gallon as a result of the supply squeeze, spreading outside of CA to Arizona and Nevada. Republican lawmakers say that the loss of in-state production threatens not only consumer prices at the pump but also the state’s military readiness; a matter of national security. 

The refineries make jet fuel and diesel and gasoline for military bases across California.  California is home to more than 30 military bases, many of which rely on fuel refined in-state.  Gavin Newsom has mostly dismissed concerns as exaggeration, asserting that foreign shipments of fuel will fill the supply gap.  He argued in a recent statement:

“The claim that California policies pose a national security risk isn’t grounded in fact. The state has proactively engaged defense fuel customers throughout this energy transition, and no credible concerns have been raised about future fuel supply for the military. California is leading this transition responsibly while ensuring families have access to a safe, reliable, and affordable supply of transportation fuels…” 

California law, primarily through Senate Bill 445, also mandates that all single-walled Underground Storage Tanks (USTs) and piping must be permanently closed or replaced with compliant double-walled systems by December 31st, 2025.  The claims is that this will prevent leaks and environmental contamination, with significant fines for non-compliance.

The state created a program called “RUST” to supposedly help small businesses meet the deadline by providing subsidies to pay for new tanks.  However, many mom-and-pop gas stations are reporting that they never received any aid from the RUST program, even though they applied far in advance.  Hundreds of small business CA gas stations are set to shut down in 2026.  A large number of them are rural and operate as the only gas stations for long stretches of highway.  

In October, the newly created Division of Petroleum Market Oversight released its first annual report meant to discover why CA gas prices are so high.  The report merely confirmed what was already known – CA prices are much higher than other states because of the differential in taxes and regulatory costs.  No concrete evidence of price gouging on the part of energy companies was found.

Blue states like CA have been increasingly subjecting their citizens to an experiment in artificial energy scarcity; reducing access to “fossil fuels” while raising taxes to force consumers into the electric car market.  All of this is being down in the name of stopping “man-made global warming”, a problem which does not exist.  Newsom claims that he is trying to help CA citizens by lowering gas prices, but all of his actions are leading to a price explosion.

Tyler Durden
Sun, 12/21/2025 – 18:05

Pentagon Fails Audit For 8th Consecutive Year

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Pentagon Fails Audit For 8th Consecutive Year

Authored by Ryan Morgan via The Epoch Times,

The Pentagon has failed to pass a full financial audit for the eighth year in a row.

Congress initially mandated annual independent audits across the Department of Defense in 2018. In that time, the department has failed to pass a single full audit.

The Department of Defense—also known as the Department of War—lists $4.65 trillion in assets and $4.72 trillion in liabilities through fiscal year 2025, which ended on Sept. 30. The Pentagon cannot account for its full balance sheet.

An audit report, finalized on Dec. 18 by the Department of Defense Office of Inspector General, identified 26 material weaknesses and two significant deficiencies in the Pentagon’s financial reporting practices for the year.

Auditors rendered adverse opinions in 10 of 28 subaudits contained within the overall Pentagon audit for the year. Adverse opinions are issued when audits find financial reporting to be inaccurate.

The audit also listed further disclaimers of opinion, meaning auditors could not be certain one way or another whether the balance sheets of certain funds or programs were accurately recorded.

Auditors applied the disclaimers of opinion to the Department of the Army General Fund, the Department of the Army Working Capital Fund, the U.S. Navy General Fund, the Department of the Air Force General Fund, the Department of the Air Force Working Capital Fund, the U.S. Transportation Command Transportation Working Capital Fund, the Defense Intelligence Agency, the National Geospatial-Intelligence Agency, the Defense Health Program General Fund, the Defense Information Systems Agency General Fund, and the Defense Logistics Agency Working Capital Fund.

The audit report said the disclaimers of opinion cover programs and funds that comprise a combined 43 percent of the U.S. military’s total assets and at least 64 percent of the military’s total budgetary resources.

Auditors found material misstatements within the Joint Strike Fighter program, which oversees the F-35 Lightning II stealth fighter used by the various U.S. military branches and numerous partner nations.

The report found the program did not properly account for its global pool of spare parts.

The audit also found misstatements in the various programs the U.S. military uses to build up the military strength of various global allies and partners. Auditors determined there were $18.9 billion worth of material misstatements across partnership programs.

Despite eight attempts and eight failures, the Pentagon still has a way to go before it passes a full audit. The Pentagon is currently set on a goal to pass its first audit in 2028.

“We have reviewed the audit report and acknowledge the findings and results. The Department of War is committed to resolving its critical issues and achieving an unmodified audit opinion by 2028,Jules Hurst, who is performing the duties of the Pentagon comptroller, said in a Dec. 18 statement attached to the audit report.

Despite the setbacks, the Secretary of War Pete Hegseth said the latest report showed continuing improvements across the Pentagon’s accounting efforts.

“This year’s audit revealed remediations in key areas, reflecting significant progress in financial management,” Hegseth said in a statement attached to the audit report.

Tyler Durden
Sun, 12/21/2025 – 17:30

Minnesota AG Faults Carmakers For Thefts Instead Of Criminals

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Minnesota AG Faults Carmakers For Thefts Instead Of Criminals

Authored by Luis Cornelio via Headline USA,

Minnesota Attorney General Keith Ellison came under fire for blaming two car manufacturers for a surge in vehicle thefts across the state, with critics arguing the problem stemmed from lenient, soft-on-crime policies instead. 

The backlash followed Ellison’s framing of a multi-state settlement, in which he claimed Minnesota faced a “crisis,” describing it as a “public safety epidemic of vehicle thefts, financial harm to consumers, injury and tragically, even deaths.” 

On X, critics mocked Ellison’s remarks, particularly given his reputation as a soft-on-crime prosecutor and his alleged failure to crack down on one of the largest COVID-19 relief fraud schemes to date. 

“Minnesota AG Ellison blames car theft in his state on Kia and Hyundai being too easy to steal…” the X account End Wokeness wrote while sharing a clip of Ellison’s comments, which garnered nearly half a million views. 

National Review senior writer Dan McLaughlin responded, “My favorite anti-theft device is jail.” 

Rep. Mike Collins, R-Ga., added bluntly, “I’d blame the criminals.” 

National syndicated radio host Anthony Cumia echoed these sentiments, writing, “They will never take responsibility for their shit behavior.” 

Ellison’s comments followed a settlement between Hyundai and Kia and a coalition of 35 states plus the District of Columbia, after Minnesota launched an investigation into the automakers’ weak anti-theft technology. 

The settlement includes up to $4.5 million in restitution for eligible consumers and an additional $4.5 million for states that investigated the thefts. 

The car theft trend went viral on social media after the so-called “Kia Boys” began posting videos purportedly showing how easily they stole certain Kia and Hyundai models. 

According to the Minnesota Attorney General’s Office, thefts involving Kia and Hyundai were linked to at least five homicides, 13 shootings and 36 robberies. 

“These are not just numbers; they represent a public safety crisis that has caused substantial and serious harm to the people of Minnesota,” the office said in a statement. 

Ellison claimed the thefts were the product of automakers failing to implement anti-theft technology that was made available in vehicles sold in Mexico and Canada. 

Several Republican attorneys general joined the lawsuit, including those of New Hampshire, Florida, Georgia, Iowa, Kansas, Kentucky, Louisiana, Mississippi, North Dakota, Ohio, Oklahoma and South Dakota. 

Tyler Durden
Sun, 12/21/2025 – 16:20

Hunting Season: US Forces Target Third ‘Dark Fleet’ Tanker Near Venezuela

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Hunting Season: US Forces Target Third ‘Dark Fleet’ Tanker Near Venezuela

Update (1610ET): 

It’s hunting season for U.S. forces off the Venezuelan coast, in international waters, as gunboat diplomacy ramps up with the pursuit of yet another sanctioned oil tanker.

AP News spoke with a U.S. official on Sunday who said Coast Guard forces were pursuing a “sanctioned dark fleet vessel that is part of Venezuela’s illegal sanctions evasion.”

The official said the tanker was operating under a false flag and was subject to a judicial seizure order.

On Saturday, Coast Guard forces seized a Panama-flagged tanker called Centuries, which Trump administration officials described as a “falsely flagged vessel operating as part of the Venezuelan shadow fleet to traffic stolen oil.”

Earlier this month, the U.S. seized the sanctioned VLCC, Skipper. Now the tanker is about one day out to the Galveston Offshore Lightering Area (GOLA).

We have pointed out that Trump’s gunboat diplomacy is a foreign policy objective aimed at accelerating regime instability in Caracas and materially weakening Cuba.

The Wall Street Journal warned Sunday that Trump’s move to disrupt Venezuela-Cuba oil flows is already ratcheting up pressure on Havana.

“It would be the collapse of the Cuban economy, no question about it,” Jorge Piñón, a Cuban exile who tracks the island’s energy ties to Venezuela at the University of Texas at Austin, told WSJ.

Given the crude oil flows from Venezuela to Cuba to China. We’re kind of surprised Beijing hasn’t been criticizing Trump’s strategy in the Caribbean region. That may imply a deal was cut between Trump and Xi as the move to clean up the Western hemisphere marches on.  

*  *  * 

 

President Trump’s gunboat diplomacy against Venezuela’s autocratic leader, Nicolás Maduro, has moved full steam ahead. U.S. forces have seized two sanctioned “dark fleet” oil tankers, with the latest interception carried out during an early Saturday morning operation by the U.S. Coast Guard off the coast of Venezuela.

The first seizure occurred earlier this month, involving the VLCC Skipper, and sent shockwaves through the Caribbean region. At the time, White House Press Secretary Karoline Leavitt said Skipper was en route to a U.S. port and that the United States intended to seize the oil.

However, with the second tanker now seized and its name yet to be released, Skipper had faded from the news cycle until now.

Research firm TankerTrackers provided an update on Saturday evening, indicating Skipper’s location is about 1 day from Galveston, Texas.

“An update on SKIPPER (9304667): We are tracking her movements by satellite imagery (just to confirm the AIS data) and can see that she is about a day away from reaching GOLA (Galveston Offshore Lightering Area) where she will have to transfer her 1.85 million barrels cargo onto three smaller tankers in order to feed oil refineries in ports such as Houston,” TankerTrackers wrote on X.

GOLA is a designated offshore zone in the Gulf of America, located several miles off the coast of Galveston, Texas, where large crude oil tankers, such as the Skipper, conduct ship-to-ship oil transfers known as lightering.

Given Leavitt’s comments about the U.S. seizing Skipper’s crude, we suspect the ship-to-ship oil transfer will take place at GOLA. In fact, when the tanker was just north of Saint Lucia in the eastern Caribbean Sea, we provided readers with a list of possible port calls in the Gulf of America.

We suspect yesterday’s seizure of the sanctioned tanker will soon follow a similar path.

Trump’s gunboat diplomacy is only ramping up. There will be more dark fleet oil tankers commandeered by U.S. forces, whose foreign policy objective is to accelerate regime instability in Caracas and materially weaken Cuba.  

Tyler Durden
Sun, 12/21/2025 – 16:10

“Dollar Store Obama”: House Oversight Chair James Comer Torches Hakeem Jeffries

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“Dollar Store Obama”: House Oversight Chair James Comer Torches Hakeem Jeffries

Authored by Steve Watson via Modernity.news,

House Oversight Committee Chairman James Comer isn’t backing down from his probe into the massive Somali-led fraud draining Minnesota’s social services, slamming Democrat Minority Leader Hakeem Jeffries for shielding the scandal with personal attacks.

With federal investigations now revealing losses potentially exceeding $9 billion across multiple state-run programs, Comer’s takedown highlights how unchecked immigration policies have enabled epic taxpayer rip-offs under Democrat watch.

Comer launched the investigation earlier this month, targeting widespread fraud in Minnesota’s welfare and social services exploited by Somali immigrants. In a letter to Governor Tim Walz and Attorney General Keith Ellison, he demanded answers on the theft of billions from state and federal coffers.

“The Committee on Oversight and Government Reform is investigating reports of widespread fraud in Minnesota’s social services programs. The Committee has serious concerns about how you as the Governor, and the Democrat-controlled administration, allowed millions of dollars to be stolen. The Committee also has concerns that you and your administration were fully aware of this fraud and chose not to act for fear of political retaliation,” Comer wrote.

He added, “The Committee therefore requests documents and communications showing what your administration knew about this fraud and whether you took action to limit or halt the investigation into this widespread fraud.”

The probe follows reports of schemes like the Feeding Our Future scandal, where fraudsters siphoned off funds meant for child nutrition, autism services, and housing aid. Federal prosecutors recently charged six more defendants in related autism and housing frauds, with one pleading guilty, as part of an ongoing crackdown.

Latest updates from U.S. attorneys indicate fraud in 14 Minnesota programs could top $9 billion, swamping state resources and prompting Treasury probes into potential terrorism ties. Governor Tim Walz, facing heat, admitted accountability but vowed fixes amid mounting charges.

When pressed on Walz and Ellison’s cooperation, Jeffries dodged the question and unleashed insults, labeling Comer “a joke, an embarrassment, an unserious individual, and a malignant clown.”

Comer fired back hard, dismissing the barbs and turning the tables on Jeffries’ hypocrisy.

“That’s the third time he’s called me a clown. Look, everyone that watches his interviews and sees how he tries to imitate Obama, they wonder why he’s got the nickname Dollar Store Obama. Look, he’s a low-IQ individual who has to resort to name-calling; that’s what he criticizes Donald Trump over. I don’t care what he calls me. He can come to Kentucky and campaign against me. I’ll pay for his gas bill,” Comer said.

“But at the end of the day, to defend Tim Walz is going to be a huge mistake for the Democrats because everyone in Minnesota knows that this fraud has been taking place for a long time. All I’m doing is my job, getting the backs of the taxpayers. If Hakeem Jeffries doesn’t like it, he can go fly a kite because, at the end of the day, the American people expect their tax dollars to be spent wisely.”

Adding fuel to the fire, Trump advisor Stephen Miller framed the scandal’s scale on Fox News, comparing it to Somalia’s GDP and blasting the importation of criminal elements.

“Well, first of all, regarding the situation in Minnesota, by the way, not just Minnesota — we have Somali refugees that were dumped here by Democrats in Ohio and Massachusetts. Let me just say we should not be shocked. When you import a population whose primary occupation is pirate, that they are going to come here and steal everything we have,” Miller said.

“Somalia has this giant coastline, and the only industry they have created, after hundreds of years is piracy, stealing what anyone going through who has actually built something has made. So, yes, the pirates have stolen all of our money, and they have to go home, Jesse. That’s the situation we’re in right now,” Miller further urged.

Miller continued: “So he has presided over — this corrupt, incompetent loser has presided over the largest theft of American taxpayer dollars in history. It’s never been equal before. The amount of money that’s been stolen is larger than the entire GDP of Somalia. In other words, the Somalians they brought here have theft and more than all the Somalians in Somalia have ever created for themselves in all the time that has existed up until now.”

So there needs to be a lot of people going to jail. And I can promise you, the Department of Justice is launching an investigation that is commensurate in force and in purpose with the scope, scale, size and magnitude of this controversy,” Miller declared.

This explosive exchange underscores the failures of open-border policies, where America First priorities get trampled by globalist agendas that prioritize foreign grifters over hardworking Americans.

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

Tyler Durden
Sun, 12/21/2025 – 15:10

From War ‘On’ Silver To War ‘For’ Silver

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From War ‘On’ Silver To War ‘For’ Silver

Via Greg Hunter’s USAWatchdog.com,

You know Steve Quayle as a renowned radio host, filmmaker, book author and archeological dig expert. Most people do not know that Quayle has four decades experience in the gold and silver markets.

Quayle says the exploding record high prices for gold, and especially silver, are signaling big trouble brewing for the financial system. Are prices rising because we are near a global sovereign debt crisis or a wider war with Russia and Ukraine? Are currencies under pressure or is the bond market about to tank? It might be anyone of these, or all of the above, but one thing is for sure, the price of silver is going up well beyond the latest record high price. Quayle says,

“This has been one of the most explosive weeks with events taking place. Those of us in the business have known that the powers that be have been making their war on silver for 50 years. For 50 years, they have been manipulating the price of silver… robbing primarily from the individual investor. The war on silver has passed. Now, we are looking at the war for silver that is underway.

We are looking at a global treasure hunt for gold and silver, primarily silver ,for the burgeoning and exploding technology. Silver has properties that no other metal has.”

For example, Samsung just cut a deal in Mexico to reopen a mine and take all the production over the next two years. They are bypassing COMEX, CME and the LBMA and getting their raw silver directly from the mine. Quayle knows of nearly a dozen other big tech companies scrambling for silver. Quayle points out:

“This is critical because the amount of silver that would normally be available to individual investors is being cut off at the mine.”

Quayle says China is one of the biggest players getting control of silver supplies around the globe. Quayle says,

People would be astonished that the industrial demand for silver outstrips the available silver…

Here is the bottom line: on the production side, silver is oversold dramatically…

By the way, I am told the official price for silver behind the scenes is $86 an ounce…

The question is how fast will the silver market accelerate and make it impossible for the average investor or private investor to acquire?”

Quayle is also seeing the end of the futures markets and the way silver and gold has been priced. Quayle says:

 “We are watching the end of the futures market in the United States and in London. The London Bullion Metals Exchange cannot deliver. In my opinion, they have cheated and lied.”

If they don’t have the metal to deliver, they cannot set the price. Quayle says,

“Would you trust them with anything such as cattle futures, hogs or soybeans? Heck no. . .. Physical silver in hand still exists, but for how long? This is not a scare tactic. It is supply and demand...

I am telling people to get what you can while you can because the day will come when silver and gold will be unobtainable…

It’s critical for people to acquire what they can acquire now in silver. Gold is always your savings. Silver, historically, has been your barter fund.

Gold is your savings account for the future, and silver is your way to make it to the future.”

There is more in the 58-minute interview.

Join Greg Hunter of USAWatchdog as he goes one-on-one with Steve Quayle warning you to prepare for much higher prices for silver and the financial storm that a failure to deliver physical silver will cause for 12.20.25.

To Donate to USAWatchdog, click here

Tyler Durden
Sun, 12/21/2025 – 14:00

Citizens In Eastern Ukraine Will Not Be Allowed To Vote, Zelensky Says

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Citizens In Eastern Ukraine Will Not Be Allowed To Vote, Zelensky Says

President Volodymyr Zelensky has confirmed that Ukraine and Washington are in talks about holding elections, after earlier this month he much belatedly said while under pressure from Trump that he’s ready to allow national elections, so long as they can be done fairly and freely.

Zelensky indicated current discussions also hinge on the US and other partners helping set the conditions so Ukrainians can vote in safety. He previously stated the country could hold a vote within 60 days – but only if there are security guarantees.

Already over the weekend he erected more barriers to holding a vote, stipulating that citizens in Eastern Ukraine would not be able to participate. 

“Any election in Ukraine can not be held in Russia-occupied parts of the country,” Zelensky has been quoted in international press as saying, and he once again added that a proper voting process can take place only if security is ensured.

via Al Jazeera

He has also lately said that Ukraine’s foreign minister had started the initial work on the infrastructure needed for Ukrainians living abroad to participate.

The four oblasts that President Putin has called “our four new regions” and “our citizens forever” include Donetsk, Luhansk, Kherson and Zaporizhia regions – and were annexed after a popular referendum during the first year of the war.

Putin has blasted Zelensky’s rule as illegitimate given the canceled elections based on enacting a state of martial law, and President Trump has expressed increasing agreement with this perspective.

Still, Zelensky’s new ‘openness’ with holding an election has been coupled with plenty of caveats and likely immense barriers. For example last week he said

that a ceasefire with Russia must be in place before elections can be held in Ukraine, “at least for the duration of the election process and voting”. Ukrainian law forbids wartime elections but US President Donald Trump is pressuring Zelensky, whose term ended last year, to hold a vote.

But Trump this month finally put some real pressure on him, it appears. Given Zelensky had put the brakes on the US-proposed pace plan by definitively rejecting the territorial concessions aspects to the document, the US president’s assessment in a recent Politico interview was blunt and highly critical, going so far as to basically call Ukraine not a democracy.

“They haven’t had an election in a long time,” Trump said. “You know, they talk about a democracy, but it gets to a point where it’s not a democracy anymore.”

Tyler Durden
Sun, 12/21/2025 – 13:25

Jim Beam Shuttering Kentucky Distillery, Halting Production, For 2026

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Jim Beam Shuttering Kentucky Distillery, Halting Production, For 2026

One of Kentucky’s largest bourbon producers will halt whiskey production at its main Clermont site for 2026. Jim Beam plans to pause distillation at the James B. Beam campus in Happy Hollow beginning Jan. 1 while investing in site enhancements, according to the Lexington Herald Leader.

“We are always assessing production levels to best meet consumer demand and recently met with our team to discuss our volumes for 2026,” the statement said. “We’ve shared with our teams that while we will continue to distill at our (Freddie Booker Noe) craft distillery in Clermont and at our larger Booker Noe distillery in Boston, we plan to pause distillation at our main distillery on the James B. Beam campus for 2026 while we take the opportunity to invest in site enhancements. Our visitor center at the James B. Beam campus remains open so visitors can have the full James B. Beam experience and join us for a meal at The Kitchen Table.”

Bottling and warehousing will continue at Clermont, and the visitor center will remain open for Kentucky Bourbon Trail tourists. The pause was first reported by the Louisville Business Journal.

The Herald writes that the move comes as Kentucky’s $9 billion bourbon industry faces oversupply and weaker demand. Production statewide is down more than 55 million proof-gallons—over 28%—through August, the lowest level since 2018. Exports have also fallen, with U.S. whiskey sales to Canada down more than 60% through October amid a boycott tied to trade tensions.

Beam has not filed a layoffs notice with the state, and it is unclear how many jobs could be affected. Workers are represented by United Food and Commercial Workers, and the company said it is in discussions with the union “to assess how best to utilize our workforce during this transition.”

The Clermont facility produces Jim Beam’s flagship bourbon along with Basil Hayden and Knob Creek. A larger distillery in Boston, Ky., will not be affected. Distilling at Maker’s Mark also is unaffected. As of 2024, Jim Beam employed nearly 1,500 people in Kentucky.

Tyler Durden
Sun, 12/21/2025 – 13:25

DHS Locates Nearly 130,000 Unaccompanied Missing Children, Says Noem

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DHS Locates Nearly 130,000 Unaccompanied Missing Children, Says Noem

Authored by Naveen Athrappully via The Epoch Times,

The Department of Homeland Security (DHS) and the Department of Health and Human Services have located over 129,143 unaccompanied illegal immigrant children whom the prior administration had lost track of, DHS Secretary Kristi Noem said in a Dec. 19 post on X.

“Too many of these children were exploited, trafficked, and abused,” Noem wrote. “We will continue to ramp up efforts and will not stop until every last child is found.”

In August 2024, the DHS Office of Inspector General published a report revealing that 323,000 illegal immigrant children were unaccounted for in the United States.

As of May 2024, over 32,000 of these children had been served notices to appear in court but failed to do so. In addition, the safety of 291,000 children could not be verified.

In a Nov. 14 statement, DHS announced that the Immigration and Customs Enforcement had launched an initiative with local and state law enforcement partners to conduct welfare checks on the hundreds of thousands of illegal, unaccompanied children smuggled across the border and placed with unvetted sponsors under the Biden administration.

The main aim of the initiative is to ensure they are not being exploited, DHS said.

“Many of the children who came across the border unaccompanied were allowed to be placed with sponsors who were smugglers and sex traffickers,” DHS Assistant Secretary for Public Affairs Tricia McLaughlin said.

“We’ve jump-started our efforts to rescue children who were victims of sex and labor trafficking,” she said.

“President [Donald] Trump and Secretary Noem are laser-focused on protecting children and will continue to work with federal, state, and local law enforcement to reunite children with their families.”

Crackdown on Child Predators

The Trump administration recently launched Operation Relentless Justice to identify, track, and arrest child sex predators, according to a Dec. 19 statement from the Department of Justice (DOJ).

The two-week enforcement operation led to a nationwide crackdown that resulted in the arrest of more than 293 child sexual abuse offenders, with over 205 child victims located.

“Operation Relentless Justice shows no child will be forgotten and that all predators targeting the most vulnerable amongst us will be held accountable,” FBI Director Kash Patel said.

“This year, the FBI has led multiple nationwide surges across the U.S. to find and arrest hundreds of child predators. We will not stop until every child can live a life free of exploitation. We will utilize the strength of all our field offices and our federal, state, and local partners to protect communities across the nation from such horrific crimes.”

Prior to Operation Relentless Justice, the Trump administration had implemented Operation Restore Justice in May, which led to 205 child sex abuse offenders being arrested and 115 children being rescued.

Later in August, Operation Enduring Justice resulted in the arrests of 234 offenders and the rescue of 133 children.

Commenting on Operation Relentless Justice, FBI Deputy Director Dan Bongino said in a Dec. 19 post on X that this was “one of many successful” operations conducted to crack down on violent crimes against children this year.

“The Director and I have prioritized their life-saving work from the moment we swore in. And we assured them an agency-wide effort to punish the demons who violate the sacred trust of children,” Bongino wrote.

On Dec. 19, the DOJ announced that a member of the Nihilistic Violent Extremist group “764” pleaded guilty to multiple acts involving the sexual exploitation of children.

The group is an online criminal network that methodically targets and exploits minors. The perpetrator, who pleaded guilty, is alleged to have coerced minors into engaging in sexual acts and committing self-harm.

The perpetrator “led a group of online predators whose ultimate purpose is to destroy our society,” said Sue J. Bai, principal deputy assistant attorney general for National Security.

“They tried to achieve that heinous goal by desensitizing innocent children to violence—coercing them to perform gruesome and harmful acts against themselves and animals—with the hope of encouraging further violence and spreading chaos.”

Tyler Durden
Sun, 12/21/2025 – 12:50

Bitcoin’s Quantum Debate Is Resurfacing & Markets Are Starting To Notice

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Bitcoin’s Quantum Debate Is Resurfacing & Markets Are Starting To Notice

Authored by Shaurya Malwa via CoinDesk.com,

What to know:

  • The majority of Bitcoin developers argue that quantum computing does not pose an immediate threat to the network, with machines capable of breaking its cryptography unlikely to exist for decades.

  • Critics express concern over the lack of preparation for quantum threats, as governments and companies begin adopting quantum-resistant systems.

  • The Bitcoin Improvement Proposal (BIP)-360 aims to introduce quantum-resistant address formats, allowing users to gradually transition to more secure cryptographic standards.

Quantum computing and the threat it poses to encrypted blockchains has once again crept into online bitcoin conversations, raising concerns that it poses a long-term risk that investors and developers are still struggling to talk about in the same language.

The latest flare-up in the debate followed comments from prominent Bitcoin developers pushing back against claims that quantum computers pose any real risk to the network in the foreseeable future. Their view is straightforward: that machines capable of breaking Bitcoin’s cryptography do not exist today and are unlikely to for decades.

Adam Back, co-founder of Bitcoin infrastructure firm Blockstream, described the risk as effectively nonexistent in the near term, calling quantum computing “ridiculously early” and riddled with unresolved research problems. Even in a worst-case scenario, Back argued, Bitcoin’s design would not allow coins to be instantly stolen across the network.

Back’s assessment is broadly shared among protocol developers. Critics, however, say the problem isn’t the timeline, but it’s the lack of visible preparation.

Bitcoin relies on elliptic curve cryptography to secure wallets and authorize transactions. As CoinDesk previously explained, sufficiently advanced quantum computers running Shor’s algorithm — a quantum algorithm used to find the prime factors of big numbers — could derive private keys from exposed public keys, putting a portion of existing coins at risk.

The network wouldn’t collapse overnight, but funds sitting in older address formats — including Satoshi Nakamoto’s 1.1 million bitcoins, which have been untouched since 2010 — could become vulnerable to threat actors

For now, that threat remains theoretical. Yet governments and large enterprises are already acting as if quantum disruption is inevitable. The U.S. has outlined plans to phase out classical cryptography by the mid-2030s, while companies such as Cloudflare and Apple have begun rolling out quantum-resistant systems.

Bitcoin, by contrast, has not yet agreed on a concrete transition plan. And that gap is where market unease is creeping in.

Nic Carter, a partner at Castle Island Ventures, said on X that the disconnect between developers and investors is becoming hard to ignore. Capital, he argues, is less concerned with whether quantum attacks arrive in five years or 15, and more focused on whether Bitcoin has a credible path forward if cryptography standards change.

Plans to fight back

Developers counter that Bitcoin can adapt well before any real danger appears. Proposals exist to migrate users toward quantum-resistant address formats and, in extreme cases, restrict spending from legacy wallets. All of this would be preventive rather than reactive.

One such plan is the Bitcoin Improvement Proposal (BIP)-360, which introduces a new type of Bitcoin address designed to use quantum-resistant cryptography.

It provides users with a means to transfer their coins into wallets that rely on different mathematical algorithms, which are believed to be far more resistant to cracking by quantum computers.

BIP360 outlines three new signature methods, each offering varying levels of protection, so the network can gradually shift rather than force a sudden upgrade. Nothing would change automatically. Users would opt in over time by moving funds to the new address format.

Supporters of BIP360 argue the proposal is less about predicting when quantum computers arrive and more about preparation. Moving Bitcoin to a new cryptographic standard could take years, involving software updates, infrastructure changes, and user coordination.

Starting early, they say, reduces the risk of being forced into rushed decisions later.

However, Bitcoin’s conservative governance becomes a challenge when addressing long-horizon threats that require early consensus.

Quantum computing is not currently an existential threat to Bitcoin, and no credible timeline suggests otherwise.

However, as capital becomes more institutional and long-term, even distant risks require clearer answers.

Until developers and investors converge on a shared framework, the quantum question will continue to linger — not as a panic, but as a quiet friction weighing on sentiment.

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

Tyler Durden
Sun, 12/21/2025 – 11:40