Israel Vows To Eliminate New Hamas Chief Sinwar, Seen As Even Closer To Tehran

Israel Vows To Eliminate New Hamas Chief Sinwar, Seen As Even Closer To Tehran

Israel has vowed to “eliminate” new Hamas chief Yahya Sinwar, who just yesterday was announced as the new political leader of Hamas, replacing the slain Ismail Haniyeh, killed in Tehran by an Israeli covert assassination operation on July 31st.

Among some alernative possible options for the top leadership spot were candidates deemed ‘moderate’ by comparison, but Hamas’ choosing Sinwar is intended to send a firm message that the Gaza-based organization will “continue its path of resistance,” according to a statement.

Sinwar, who was Hamas military leader in Gaza since 2017, is considered the mastermind behind the Oct.7 terror attack on southern Israel. He is also seen as closer to Tehran compared to the late Haniyeh, who had lived in Qatar. Few outsiders have laid eyes on Sinwar in years, and it’s widely believed he’s been commanding operations from tunnels deep below Gaza throughout the war which is now in its 11th month.

New Hamas Yahya Sinwar, AFP

Israeli Foreign Minister Israel Katz said late Tuesday that Sinwar being named to the Hamas top leadership spot is “yet another compelling reason to swiftly eliminate him and wipe this vile organization off the face of the earth.”

A statement from US Secretary of State Antony Blinken has already blamed Sinwar for lack of progress in Qatar-mediated ceasefire talks

American and Israeli officials have accused Hamas of intransigence over the deal, and they say Mr. Sinwar has always had the power to veto any proposal, given his leadership of the group in Gaza. Antony J. Blinken, the U.S. secretary of state, said the announcement on Tuesday would reinforce that role.

The choice of Mr. Sinwar “only underscores the fact that it is really on him to decide whether to move forward with a cease-fire,” Mr. Blinken said at a news conference in Annapolis, Md., late Tuesday, shortly after the appointment was announced. “He has been and remains the primary decider when it comes to concluding a cease-fire.”

Sinwar had spent two decades in an Israeli prison – a long stint which began in 1988 for murdering four Palestinians on suspicion of collaborating with Israel.

He reportedly spent much of that time not only learning Hebrew, but closely studying Israeli culture and politics in order to ‘understand the enemy’. The NY Times writes of his background

When he was released from Israeli prison in a prisoner swap in 2011, Mr. Sinwar said that the capture of Israeli soldiers was, after years of failed negotiations, the proven tactic for freeing Palestinians incarcerated by Israel.

For the prisoner, capturing an Israeli soldier is the best news in the universe, because he knows that a glimmer of hope has been opened for him,” Mr. Sinwar said at the time.

During his time in prison, Sinwar tried to escape several times, and once told an Italian newspaper that “Prison builds you” as it allows a person to understand the level of sacrifice needed to achieve their goals.

Tyler Durden
Wed, 08/07/2024 – 22:10

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Whack-A-Fallacy: A Game For The Election Season

Whack-A-Fallacy: A Game For The Election Season

Authored by Jeff Minick via The Epoch Times,

In Whack-a-Mole, an arcade game invented by the Japanese nearly 50 years ago, moles or other figures pop up from different holes mounted on a playing cabinet while players use a soft mallet to try and knock them back into place. Search online for “whack-a-mole game,” and you’ll find lots of variations based on the original.

With that model in mind, and with the election season fast upon us, now seems a good time to have a go at Whack-a-Fallacy, my own addition to this genre of sport. For equipment, you need a screen for watching speeches and press conferences, a pen or pencil, a pad of paper, and a timer. The rules are just as simple. Before beginning play, write down the fallacies you are looking to detect on the pad of paper. On your television or phone, find the event you’ve selected, a politician delivering a public address, engaging in debate, or holding a press conference. Start the timer, and every time a fallacy on your pad pops up, jot down a hash mark beside it.

To help you get started, below are some common logical fallacies by which politicians—and the rest of us, for that matter—slip illogical arguments into their verbal punches.

The Ad Hominem Attack

This one is quite common, particularly in heated political arguments, and easily spotted. The user ignores the argument and the issue at hand to personally attack an opponent. Ad hominem assaults can also be delivered against entire groups of people united by similar ideas or goals.

Name-calling or innuendo are the weapons of choice here. “You’re no scientist, so why don’t you stick to what you know?” is an ad hominem tactic to avoid a debate. “Senator X wants to send our troops to the Middle East, but he’s never served in the military.”

Keep your eye out for this one, and you’re sure to rack up points.

Red Herring

This fish fry fallacy occurs when the speaker attempts to slide away from the original topic. A person losing an argument may try to change the topic by bringing up the weather or pointing out some extraneous detail from last night’s party. One woman I know can deflect attention from the matter at hand just by saying, “Interesting,” and then telling an anecdote from her workplace.

Under fire at a press conference about the shape of the American economy, a candidate for reelection to the Senate may suddenly reply, “Look, this isn’t the main issue of our day. The main issue is climate change,” and he continues on from there with his concerns about melting polar caps and gas-powered vehicles. Down that rabbit hole he scurries, and the issue of the economy disappears.

The False Dilemma

Most of us frequently resort to either/or propositions, seeing only two possible choices when there may in fact be several. “We can go bowling or go to the movies,” a teen says to friends, but they could also play video games, take a long walk, or study for Monday’s math test. “Would you rather become a sculptor or keep working your 9-5 job?” leaves out the possibility of doing both.

Politicians love false dilemmas in part because they create fear. “Vote for me or America will become a dictatorship.” “Vote for my opponent, and you are condemning your children to a life of ignorance.” “If you don’t vote for me, you are a bigot.”

Appeals to Celebrity Authority

This is a subdivision of an appeal to a false authority, and is both common and easy to spot, as may be seen when a movie star endorses a particular car or a sports figure gives her stamp of approval to a brand of toothpaste.

We’ll see this fallacy at work everywhere this fall. A film personality will appear on a talk show or a podcast to appeal to voters to support a candidate. A pop musician will pause on stage to attack a politician, often knowing less about that candidate or the issues of the day than the ordinary citizen.

Listen up for this fallacy, and you can run up that tally faster than you’d ever imagine.

Bandwagon Fallacy

Anyone raising teenagers is familiar with this one. “But Mom, everybody’s going to the concert!” “But Dad, nobody does well in Mr. Caldwell’s math class!” If everyone is on the bandwagon, goes this fallacy, then it’s surely the place to be.

Watch out for politicians who claim to speak for all Americans. That bandwagon doesn’t exist except in his or her mind. Watch out for politicians who speak about being on the wrong side of history. Beware of anyone who uses the phrase “science says.” These are attempts to get you to leap aboard the bandwagon.

If you want to add other fallacies to your list, simply explore online for “logical fallacies,” and you’ll find such classics as the straw man fallacy, circular reasoning, and slippery slope, along with examples of each.

Of course, my point here isn’t my made-up game of Whack-a-Fallacy. My point is that we should listen carefully to what our politicians are saying. We may not be playing a game, but we may well be getting played.

Tyler Durden
Wed, 08/07/2024 – 21:45

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Coming Clean On Clean Energy: It’s A Dirty Business

Coming Clean On Clean Energy: It’s A Dirty Business

Authored by Kristen Walker via RealClearEnergy,

Unless you’ve been living under a rock, you are probably aware of the massive push to transition to green energy. The goal is to have wind and solar replace coal and natural gas; the electric vehicle (EV) will supposedly replace internal combustion engines. Directives are coming from the highest office in the land; the current administration has made green energy a large part of its agenda.

We are being told that these technologies are clean and will save the planet from climate change. However, these alternative forms of energy being espoused are riddled with their own problems.

Hidden behind the solar panels, wind turbines, and EV batteries are some dirty secrets that get swept under the rug and ignored by climate enthusiasts. Fossil fuels are constantly put under a microscope and condemned as an evil destructive polluter; green energy is typically put on a pedestal. Green energy, however, is not as perfect and wonderful as we are made to believe. Yet, we are putting a lot of trust into these energy sources, without considering their ramifications.

The American Consumer Institute just released a report detailing many of the environmental impacts associated with the so-called green energy forms being heavily promoted. The life cycle of all three—the wind turbine, solar panel, and EV battery—involve significant environmental consequences that should not be overlooked and need to be part of the discussion when implementing energy policies.

One of the biggest issues involved with these forms is the extraction and manufacturing processes of various critical minerals that are required for wind turbines, solar panels, and EV batteries. Many underdeveloped nations, where there’s an abundance of minerals, are at risk. The operations and procedures not only overtake land but contaminate surrounding soil and water sources. In the worst cases, this work is accomplished through slave labor.

Various toxins and other greenhouse gases are released into the atmosphere, where workers and even nearby communities are potentially affected. Landscape is tarnished and various animal habitats are shrinking and/or experiencing stress. The massive amount of land occupied by both wind and solar may never be recoverable.

China dominates the green energy supply chains, but their environmental standards are subpar. CO2 emissions associated with refineries in China are 1.5 times greater than those in the EU or U.S.

All three energy sources are also creating a huge waste problem. Since any kind of recycling is very limited on a large scale, more than 90% wind turbine blades, solar panels, and EV batteries end up in landfills. By 2050 it is predicted that used turbine blades will exceed 43 million tons of waste worldwide. Solar waste is predicted to be close to 80 million tons. And with the U.S. projecting 33 million EVs on the road by 2030, that is a lot of batteries to end up in landfills.

Ironically, the same folks who want to charge customers for every plastic bag they use at the grocery store, out of fear of single-use plastics ending up in landfills, don’t seem to have a problem with potentially toxic machinery filling that space instead.

In a penchant for trying to solve one crisis, we are creating others.

Some of the environmental impacts and hazards posed by green energy are far more detrimental than fossil fuels, and yet the latter is often dismissed. Such risks associated with green technologies should actually be an argument against vigorous pursuit of them. 

Each energy source, including fossil fuels, should be considered as part of an all-of-the-above strategy for supplying the necessary energy to power homes, businesses, and the U.S. economy at large. All of them come with some degree of environmental concerns, and each should be weighed and measured—along with costs, logistics, reliability, and geopolitical factors—when developing public policy. Instead of completely trying to phase out fossil fuels, a robust and healthy energy mix ought to be established; we need a balanced approach that does not breed additional problems.

It is past time to come clean on so-called clean energy. The real-life consequences and detrimental effects of it demand more honest conversations and a thoughtful course of action.

Kristen Walker is a policy analyst for the American Consumer Institute, a nonprofit education and research organization. For more information about the Institute, visit www.theamericanconsumer.org or follow us on Twitter @ConsumerPal

Tyler Durden
Wed, 08/07/2024 – 20:55

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Copper Slumps As China Dumps Base Metal Into Asian Warehouses

Copper Slumps As China Dumps Base Metal Into Asian Warehouses

Copper inventories in Asian warehouses are swelling at an incredibly fast pace as the base metal that led the ‘Next AI Trade’ is under pressure once again, hitting the lowest levels in four months. The refined metal is flowing out of China into neighboring warehouses in South Korea and Taiwan, indicating that more downside for prices is ahead. 

Goldman’s Adam Gillard told clients this AM that the copper “surplus continues to build; think price grinds lower despite the recent positioning cleanse until the State Grid return.” 

Gillard highlighted that copper stockpiles at the London Metal Exchange in Asia have surged to their highest levels since mid-2018. Since peaking at $10,889 in mid-May, LME 3-month rolling forward copper prices have declined by over 18%, currently hovering around $8,928.

Although Asian inventory builds from legacy Chinese tolling exports are not new, today’s 40k MT delivery was a surprise basis July Chinese exports (because we thought most of what China exported had become visible already). The bull stock-out thesis was in part predicated on a tight supply chain given negative carry and high rates. Said another way, there shouldn’t be this much metal left in the woodwork to become visible.

Asian LME inventory is the highest since mid-2018. 

Gillard observed that the surge in stockpiles at warehouses is now showing up in global inventory levels: 

Global visible inventory: Taking 40k MT from July US imports (difference vs trend) and adding to CMX inventories results in total visible copper inventory of 794k MT vs 262k MT a/o January 1.

An abrupt surge… 

“Whilst we concede it’s sketchy data BBG are reporting July US imports at 76k MT, an ATH (in response to May CMX / LME arb blowout),” Gillard noted about US imports of the base metal. 

Rising warehouse inventories indicate a continued slowdown in China. Bloomberg reported that the world’s second-largest economy has started “exporting in unusually high volumes in recent months,” effectively exporting deflation. Additionally, concerns about a slowdown in the US have surfaced in recent days. 

However, Chinese smelter production is still running above average.

Gillard also noted, “LME spec length has dropped to $4bn vs $19bn at the highs during the recent sell off.” 

And he said CTAs are still shot. 

In mid-May, around the time copper prices peaked, Jeff Currie, who led commodities research at Goldman Sachs for nearly three decades and now serves as the chief strategy officer of the energy pathways team at Carlyle Group, stated that the copper trade was the “most compelling trade” he has seen in his “30 plus years of doing this” because it’s “got green CapEx, it’s got AI, remember AI can’t happen without the energy demand and the constraint on the electricity grid is going to be copper.”

On May 15, The Market Ear penned a note to subs about an “overheated” copper market. 

On June 8, Trafigura Chief Economist Saad Rahim said, “Prices of non-ferrous metals have moved much higher than fundamentals in the physical spot market might indicate or justify, especially for copper.” 

Hmm. 

What’s clear is that the AI theme has run its course for now, overshadowed by China exporting deflation to the world.

Tyler Durden
Wed, 08/07/2024 – 20:30

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National Security In A Second Trump Administration

National Security In A Second Trump Administration

Authored by Dan Greenwood via RealClearPolitics,

After a tumultuous and nearly life-ending July, Donald Trump narrowly retains his lead in the polls. Business leaders would be wise to prepare for a second Trump administration. 

As someone detailed to serve in the White House during my time in the Marine Corps, I know firsthand what national security policy means to President Trump. The 2017 National Security Strategy, Trump’s first-term policies, and his words in and out of office are the best indicators of what a second Trump administration agenda would entail. This amounts to a more expansive view of national security, one that stresses U.S. economic and technological primacy. Great power competition with China would dominate.

A Trump administration would no longer permit China to steal U.S. intellectual property or undercut our industries. Rather, the U.S. would aim to blunt Chinese control of critical minerals and commodities, and end exports here at fire sale prices. Pervasive Chinese misconduct would be met with a vigilant response. Protecting our technological advantages and economic interests would become paramount.  

The threat posed by China is already a bipartisan concern. This is one area where Republicans and Democrats have previously cooperated across the aisle.

Trump will prioritize sustaining and growing America’s technological and innovative edge. Expect him to leverage the power of government to the advantage of U.S. workers and industry, especially in manufacturing. Here, a second Trump term will likely build upon first-term tariffs and export controls.

The past stands as a prelude. In March 2018, President Trump exercised his authority under Section 232 of the Trade Expansion Act. He set a 25% tariff on steel imports and a 10% tariff on imported aluminum. His administration also imposed Section 301 tariffs on more than $300 billion worth of goods from China.

A Trump second term would likely double down on these actions. Many observers project increased tariffs on Chinese goods. A second Trump administration would also likely pressure our European and Indo-Pacific allies to mirror our export control and sanctions regimes vis-à-vis China. President Trump understands that technological supremacy is key to national security.

During his first term, he made a review by the Committee on Foreign Investment in the United States (CFIUS) a strategic imperative. In 2018, he signed into law the expansive Foreign Investment Risk Review Modernization Act (FIRRMA), the most comprehensive CFIUS reform since 2007. Among many CFIUS actions, in early March 2020, he directed a Beijing company and its Hong Kong-based subsidiary to divest their interests in StayNTouch, Inc., a U.S. mobile technology and property-management systems company.

Looking forward, a second Trump Administration would increase CFIUS investigations and declarations while expanding CFIUS oversight to include real estate near military bases and installations. As Trump sees things, China cannot be permitted to endanger national security through seemingly innocuous transactions.

Beyond that, Trump 2.0 will likely focus on Chinese efforts at intellectual espionage and influence at American universities. In 2020, Trump issued his Proclamation on the Suspension of Entry as Nonimmigrants of Certain Students and Researchers from the People’s Republic of China, aiming to prevent U.S. campuses from becoming incubators for the next generation of our adversaries. Future actions will seek to secure our national laboratories and national security-related research programs. 

Trump’s America First vision isn’t isolationism. Rather, it is a rational course of action for advancing U.S. interests while securing the country’s economic and national security priorities, and those of our allies.

If reelected, Trump will likely demand that NATO’s members increase their defense spending. But directing Europeans to take a greater role in defending themselves is different than abandoning a historic alliance, something Trump won’t do.

A Trump administration would look to build on the 2021 Trilateral agreement between Australia, the U.K., and the U.S. (AUKUS). This would bolster U.S. interests in the Pacific as we seek to stand toe-to-toe with China across a broad range of issues. The Pacific is not a Chinese lake. Expanding AUKUS to include Japan and South Korea, even if through bilateral agreements, would be likely.  

AUKUS illustrates Trump’s focus on foreign military sales (FMS) and their positive impact on the economy, the defense industrial base, and allied interoperability.

President Trump will likely demand record defense spending. Restoring America’s strength comes first; deficit hawks must take a backseat.

During his first term, President Trump stabilized and added predictability to defense spending with the 2018 Bipartisan Budget Act. Subsequent years saw ever-increasing defense funding, and this would continue in a second Trump term with particular emphasis on shipbuilding, aircraft, autonomous systems, and long-range weapons.

During his final year in office, Trump sought $34.7 billion to grow and modernize the Navy’s fleet, the largest request of its kind in more than 20 years. Trump’s America First philosophy will both continue to expand our naval capacity and reinvigorate our shipyards for defense and commercial purposes.

Trump’s defense budgets will also include robust investments in artificial intelligence and quantum sciences, areas vital for both U.S. economic and national security. A new Trump administration will invest heavily in funding critical technology research and development at the Pentagon, national laboratories, and private industry. Losing the AI and quantum races to China carries grave national security implications.

Hyperbole and rhetoric will dominate the airwaves for the final three months of the presidential campaign. But business leaders who anticipate the policy-rich national security landscape a second Trump administration promises will be well-positioned to reap the benefits. 

Dan Greenwood served as deputy assistant to President Trump and deputy director of the White House Office of Legislative Affairs from 2017-2019. He previously served as the senior director for Legislative Affairs at the National Security Council. He is a principal at the BGR Group, a Washington, D.C.–based lobbying and communications firm where he leads the Defense and Critical Technologies practice. 

Tyler Durden
Wed, 08/07/2024 – 20:05

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FBI Raids NY Home Of Ex-UN Weapons Inspector & Anti-War Pundit Scott Ritter

FBI Raids NY Home Of Ex-UN Weapons Inspector & Anti-War Pundit Scott Ritter

On Wednesday the upstate New York home of Scott Ritter was raided by the FBI and state police. The FBI has since confirmed in a statement that this is part of an ongoing federal investigation into Ritter.

Agents were seen entering his house in Delmar, NY in widely shared photographs and local media footage in the afternoon. It was unclear if Ritter was at home at the time and the allegations at the center of the investigation remain unknown.

WNYT Channel 13: FBI search ex-UN weapons inspect Ritter’s home.

“I can confirm FBI personnel are at a home on Dover [Drive] conducting law enforcement activity in connection with an ongoing federal investigation,” a statement from the FBI’s Albany office confirmed. “As the investigation is ongoing, [Department of Justice] policy prevents me from commenting further.” 

Ritter became a prominent figure as the chief UN weapons inspector in the 1990s in Iraq and ex-intelligence official (Marine Corp intelligence) who publicly opposed the George W. Bush administration’s drive to take the United States into war with Iraq.

He subsequently became a popular anti-war pundit and leading critic of US foreign policy. For an example of his ongoing criticisms of the US government and foreign policy, he wrote in 2019, “I love my country, but the collective ignorance of the American people empowers so-called public servants who abuse their positions of trust to push policies that further individual agendas at the expense of the nation they ostensibly serve. Fact-based logic no longer matters.”

More recently he has been a fierce critic of US policy related to the war in Ukraine, having also made several trips to Russia during the course of the war which began in February 2022. 

Interestingly, just the day prior to the FBI’s raid on his home, Ritter posted a photo of himself eating a burger with independent presidential candidate Robert F. Kennedy Jr. “Burgers with Bobby!” the caption reads…

Ritter recently explained during a series of podcast appearances that US Customs and Border Protection (CBP) had seized his passport when he was about to board a flight for Russia on June 3rd. This was first revealed by him days later, and he said the State Dept. had no warrant, nor did it offer an explanation upon taking the passport. A report at the time stated:

Scott Ritter, a retired intelligence officer and UN weapons inspector best known for his correct assertion ahead of the Iraq War that Iraq lacked weapons of mass destruction, as well as for his conviction for sex offenses in 2011 and the lengthy subsequent appeal, has asserted that his passport was seized on the orders of the State Department. 

The American Conservative subsequently approached the State Department for comment, and it responded: “We cannot comment on the status of the passport of a private U.S. citizen.”

Ritter has offered the following comment in the wake of the Wednesday FBI raid…

Tyler Durden
Wed, 08/07/2024 – 19:40

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Kentucky Governor Plans To Collect Sales Tax On Gold And Silver Despite New Law

Kentucky Governor Plans To Collect Sales Tax On Gold And Silver Despite New Law

Authored by Mike Maharrey via Money Metals,

Kentucky Governor Andy Beshear has decided he’s going to continue collecting sales tax on the sale of gold and silver despite a new law repealing the levy and an attorney general opinion calling his line-item veto of the provision unconstitutional.

Only five other states levy a sales tax on gold and silver.

Initially, Rep. Steven Doan and Rep. John Hodgson introduced a standalone bill to repeal the sales and use tax on gold and silver bullion. The provisions were later inserted into House Bill 8 (HB8), an omnibus revenue and tax bill. 

The provisions in HB8 define “bullion” as “bars, ingots, or coins, which are made of gold, silver, platinum, palladium, or a combination of these metals, valued based on the content of the metal and not its form and used, or have been used, as a medium of exchange, security, or commodity by any state, the United States government, or a foreign nation.” Currency is defined as “a coin or currency made of gold, silver, platinum, palladium, or other metal or paper money that is or has been used as legal tender and is sold based on its value as a collectible item rather than the value as a medium of exchange.”

The House passed the bill 87-9 and the Senate approved the measure 34-0.

Gov. Beshear signed the bill but used a line-item veto to strike out the sales tax exemption for gold and silver. 

If you own gold, you can afford to pay sales tax, Beshear wrote in his veto message. “Tangible goods are the primary basis of the sales tax.”

Unconstitutional Veto?

House and Senate leadership deemed the veto unconstitutional. Under Sec. 88 of the Kentucky Constitution, “The Governor shall have the power to disapprove any part or parts of appropriation bills embracing distinct items, and the part or parts disapproved shall not become a law unless reconsidered and passed, as in case of a bill.”

In other words, the governor only has line-item veto power on appropriation (spending) bills.  A line-item veto power does not exist for revenue bills.

Instead of simply overriding the veto, Republican leadership decided to make a political statement and try to give Beshear a black eye. It asked Attorney General Russell Coleman to issue an opinion on the constitutionality of the veto, and he agreed with the legislature’s assessment.

“Because the Governor’s veto power must be strictly construed, and because House Bill 8 is not an ‘appropriation bill,’ Section 88 does not empower the Governor to use his line-item veto on it. The Governor’s attempted line-item vetoes of House Bill 8 were nullities, as they exceeded his constitutional authority.”

Based on the AG’s (non-binding) opinion, the legislature directed the secretary of state to ignore the veto and enroll the statute. It went into effect on August 1.

Beshear Begs to Differ

Gov. Beshear rejected the AG’s opinion and has directed the Department of Revenue to collect the sales tax despite the law technically being on the books.

Beshear spokesman James Hatchett called the AG’s opinion “incorrect.”

“The very title of the bill at issue says it makes an appropriation. The governor properly exercised his constitutional authority to veto parts of the bill, and previous legal opinions have upheld similar line-item vetoes.”

Hatchett was referring to the first line of HB8:  “AN ACT relating to fiscal matters, making an appropriation therefor, and declaring an emergency.” [Emphasis added]

The legal question boils down to whether or not a single appropriation in a revenue bill makes the bill an “appropriation bill.”

The National Coin and Bullion Association issued a statement highlighting the dilemma for gold and silver dealers and buyers in Kentucky.

“Retailers are now faced with a challenging decision. Collecting sales tax could result in consumer backlash and potential class action lawsuits for overcharging, while not collecting it might lead to penalties or interest from the Kentucky Department of Revenue. Given the rapidly evolving situation, each dealer must decide whether to charge sales tax on transactions involving bullion and currency starting August 1.”

Until there is a legal resolution, which will likely require a lawsuit, Money Metals plans to charge sales tax to Kentucky customers. 

Here is the official position from Money Metals:

“Despite the new tax exemption in state law, the Democrat Kentucky governor and his Department of Revenue are threatening dealers and citizens with legal action if they refuse to pay/remit sales taxes on gold and silver purchases. However, you can avoid taxes if your order is delivered to a state without sales taxes OR when you store your precious metals in your secure account at the Idaho-based Money Metals Depository.”

Tyler Durden
Wed, 08/07/2024 – 19:15

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NASA Head Considers Elon Musk’s SpaceX To Save Stranded Boeing Starliner Crew At ISS 

NASA Head Considers Elon Musk’s SpaceX To Save Stranded Boeing Starliner Crew At ISS 

On Wednesday, Steve Stich, NASA’s commercial crew program manager, informed reporters that mission control still needs to confirm a return date for the crew of the stranded Boeing Starliner spacecraft at the International Space Station. He mentioned that officials are carefully considering their options, including using SpaceX’s Crew-9 Dragon to rescue the two astronauts. 

“Our primary option is to return Butch and Sunny on Starliner. However, we have done the requisite planning to ensure we have other options open. We have been working with SpaceX to ensure they are ready to respond with Crew-9 as a contingency,” Stich told reporters. 

The two astronauts, Butch Wilmore and Suni Williams, were initially supposed to spend just a few days on the ISS. That has since turned to two months and could stretch to eight months, with a possible return date in February 2025, according to News Week

Stich pointed out, “We have not formally committed to this path, but we wanted to ensure we had all that flexibility in place.”

The big story here is that, after two months, Boeing has yet to publicly ask Elon Musk’s SpaceX for help. Optically, this would be a significant blow to Boeing’s image, especially considering the series of mid-air mishaps involving its 737Max commercial jets. Additionally, it’s an election year for the Biden administration, which has been on a crusade against Trump and his supporters, but also is very anti-Musk. Any rescue mission by SpaceX’s Dragon spacecraft is undesirable news flow for Democrats.

Last Saturday, we cited a report from Ars Technica, which said there was a “greater than a 50-50 chance that the crew would come back on Dragon.” 

Meanwhile, the stranded Starliner spacecraft has created a logjam on the ISS, delaying SpaceX’s planned Crew-9 mission, which has been pushed from Aug. 18 to no earlier than Sept. 24, “allows more time for mission managers to finalize return planning for the agency’s Boeing Crew Flight Test,” NASA wrote in a blog update

Imagine that… Trump’s wealthiest supporter could save the day on the ISS. 

Tyler Durden
Wed, 08/07/2024 – 18:50

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Words, Words, Words

Words, Words, Words

Authored by John Maxwell Hamilton via RealClearPolitics,

Words everywhere. Words in laws passed by Congress, words in instructions for the devices that make our lives easier, words in novels and newspapers that edify us, words we use to convey our heartfelt sympathies, words we use to debate what course of action is good for our families and our country.

We rely on words all of the time. Rarely, however, do we consider their intrinsic importance in holding our society together. Rarely do we recognize the ways we corrupt words.

We live in a time of fuzzy, destructively inaccurate, and phony words. This chips away at political and economic democracy and trivializes the most basic human interactions, such as love.

One of the great celebrations of words came from Stephen Vincent Benet in his poem “American Names.” It begins:

I have fallen in love with American names,
The sharp names that never get fat,
The snakeskin-titles of mining-claims,
The plumed war-bonnet of Medicine Hat,
Tucson and Deadwood and Lost Mule Flat.

Benet’s poem was a reminder that authentic words are loaded with meaning.

Sadly, piles of synthetic words litter American landscapes. All day long, cable television runs ads for medicines whose names cannot be found in dictionaries, such as Rinvoq, Jardiance, Caplyta, Xgeva, and Xanax. Their pronunciation is equally elusive.

Names like these are the inspiration of marketing experts – let’s call them corporate crooners – who want you to swoon over their medicine. The feeling usually is vertigo. Viagra and Levitra, for erectile dysfunction, are onomatopoeic. But what feeling does Jardiance convey? It sounds like a synonym for yellowing of the skin.

Corporate crooners also dream up names for banks – Citibank, Flagstar Bank, Synchrony Financial, and Synovus Financial – that are neither real words nor always grammatical. Amusingly, bank executives keep telling me their fondest wish is for a more literate workforce.

A good word for errant naming is gobbledygook. When Texas congressman Maury Maverick ran the Smaller War Plants Corporation during World War II, he directed his staff to “use plain English” instead of vague, pompous words that sounded like a strutting Turkey gobbling nonsense.

Public philosopher Harry Frankfurt had another down-to-earth term: As he wrote in a pithy book titled “On Bullshit,” bullshitters want to evoke feelings about themselves – for instance, politicians want to appear patriotic – or about a product they are selling, like a pill to curb diarrhea. They are not necessarily liars, Frankfurt wrote. They are simply “indifferent to how things really are.”

The devaluation of words can be traced to many sources. One of them is Hallmark, the ubiquitous greeting card conglomerate. Once upon a time, people wrote their most genuine feelings on pieces of paper. This required time and thought. Now their deepest sentiments are mass-produced and stuffed in racks in CVS. Meanwhile, Hallmark has become “a portfolio of businesses.” One of its subsidiaries is Crayola, which makes crayons and markers that are good for primitive communication.

Nothing is more primitive than emoticons, which lie on the top of the slippery slope where we reside today. The generally recognized inventor of this form of communication – which is less creative than the bison our ancestors painted on cave walls – is computer scientist Scott Fahlman. In 1982, he suggested that his Carnegie Mellon University students put a happy face on jocular email messages because people sometimes failed to understand they were supposed to be funny. How much better the world would be today if he had, instead, taught his students to better understand irony.

In the 17th century, scientists, political philosophers, and other Enlightenment thinkers worried about the inadequacy of words to convey complicated thought. Members of the newly founded Royal Society of London for Improving Natural Knowledge toyed with the idea of creating a new, more precise language. This did not happen. But existing languages became standardized. Universal education cemented the rules by emphasizing disciplined writing.

Today we are moving backward. A survey by the Organization for Economic Cooperation and Development, carried out just before COVID struck, found that only 9% of 15-year-old students in industrialized countries were “able to successfully distinguish facts from opinions.” The pandemic, of course, only made matters worse.

As for the United States, it currently ranks sixth in reading among industrialized countries in the OECD. But before any backslapping ensues, consider that by other measures, one-fifth of all American adults are illiterate or border on illiteracy.

We can blame “digital distraction” for some of this. Young people spend their days emailing, twittering, and snapchatting. Communicating in tiny information bites is as intellectually nourishing as subsisting on marshmallows. Equally problematic, social media sites are a rule-free zone. They are ephemeral, not ink-on-paper, so what the heck. Don’t worry about complete sentences, with commas in the correct places, any more than you worry about producing a well-rounded thought.

Automated writing will make matters worse. For some years, students have relied on auto-correct programs to cover up their ignorance of spelling and punctuation. The worry now is that artificial intelligence will ease them into Aldous Huxley’s “Brave New World,” where people take happy pills and let someone else worry about gathering and communicating information.

We also can blame traditional guardians of words for degrading them. Editors, for instance.

Elite book publishing houses were famous for nurturing authors and their manuscripts. Editors helped make writers like Ernest Hemingway and William Faulkner better than they already were. As the venerable publishers have morphed into corporate behemoths, however, editors have become “more managerial, less editorial,” says Dan Sinykin in his book “Big Fiction.” They focus on the “business and marketing side” of the enterprise. Agents often tell authors to hire an editor before submitting their book to a publisher. That might, indeed, help secure a contract, but, in any case, authors can’t count on the publisher to put much effort into simple line editing.

Newspaper book reviewing is diminished, too. The number of stand-alone Sunday book reviews has dwindled. The New York Times’ review, which started in 1911, is the most influential. But it has squandered its power by using up valuable space on such trivialities as interviewing Bruce Springsteen about his favorite books. Publishers Weekly, which once was a good guide to forthcoming books, overlooks so many important ones I’ve given up my subscription.

Up to this point, I have skirted around politics and the English language, which happens to be the title of one of George Orwell’s most famous essays. Written in 1946, it argued that we undermine democracy by letting politicians get away with “euphemism, question-begging, and sheer cloudy vagueness.”

“If thought corrupts language,” Orwell wrote, “language can also corrupt thought.”

In a later column, I will describe the origins of “fake news,” which is a peculiar kind of debasement of political communication.

Suffice it to say here that former President Trump did not invent the term as he claims he did, or the concept. It was widespread in the 19th century. Trump’s contribution to this field of lexicography is that he has perfected use of the term to discredit accurate reports that he finds inconvenient. We can give him credit for naming his hotels after himself. At least they have a real name, although the name is not so majestic as Lost Mule Flat. But the political bad habit of fighting truth by calling it lies is the worm in the apple of democracy.

“Words! Words! Words! – I’m so sick of words,” an exasperated Liza Doolittle cries in the popular 1960s Broadway musical “My Fair Lady.” “I get words all day through; first from him, now from you! Is that all you blighters can do?”

But we would be more exasperated without all the words. Democracy, wrote John Dewey, one of the 20th century’s greatest public intellectuals, “implies tools for getting at the truth.” Sound words, soundly written are the most basic. These are the hammers and chisels that enlighten and move us.

This gets us back to the example set by Stephen Vincent Benet’s poem. He used a common racial signifier that passed muster then and would not today. But at the end of the poem, he showed the genuine evocative power of words with a reference to the slaughter of some 300 Lakota people in 1890.

You may bury my body in Sussex grass,
You may bury my tongue at Champmedy.
I shall not be there. I shall rise and pass.

Bury my heart at Wounded Knee.

John Maxwell Hamilton is an RCP columnist, a professor at the Manship School of Mass Communication, Louisiana State University, and an award-winning author of eight books, including The French 75.

Tyler Durden
Wed, 08/07/2024 – 18:25

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‘Do Not Fly’ Alert Over Iran Issued For Airlines During Oddly Specific Night Hours

‘Do Not Fly’ Alert Over Iran Issued For Airlines During Oddly Specific Night Hours

Egypt has just issued a rare and oddly specific NOTAM, or Notice to Air Missions alert, instructing all of its airlines to avoid Iranian airspace for a 3-hour period in the overnight and early morning hours of Thursday. Some other countries have since followed in issuing similar do not fly alerts, including the UK.

All Egyptian carriers shall avoid overflying Tehran. No flight plan will be accepted overflying such territory,” the notice says. Specifically the instructions are valid from 01:00 to 04:00GMT (or 9pm to 12am US Eastern). Will the big expected Iranian retaliation be tonight? Zero hour may be approaching fast.

Tehran file image

NOTAMS alert aircraft pilots to potential hazards along flight paths, and are internationally recognized among aviation authorities.

Reuters has picked up on and reported the NOTAM as well, saying based on Egyptian government sources that Cairo was notified by Iranian authorities that airlines should avoid traversing Iranian airspace due to overnight “military exercises”

According to the citation in Reuters:

“Based on a report from Iranian authorities to all civil aviation companies, flights over Iranian airspace are to be avoided,” the unnamed official was quoted as saying.

Many airlines are revising their schedules to avoid Iranian and Lebanese airspace while also calling off flights to Israel and Lebanon as many fear a possible broader conflict after the killing of senior members of militant groups Hamas and Hezbollah.

A flight risk monitor identified as OPSGROUP has further told the same publication that “Such a NOTAM from Egypt is very unusual.”

The aviation industry group explained further that “It is possible that this is an indicator of an Iranian response to Israel, and in turn a potentially large set of air space disruptions – at the same time, there may be another reason.”

Iran on Wednesday had called an emergency meeting of the 57-member Organization of Islamic Cooperation (OIC), which met in the Saudi city of Jeddah. 

An OIC statement said the assassination of Hamas leader Ismail Haniyeh on Iranian soil on July 31st risks sparking a wider war. “This heinous act serves only to escalate the existing tensions potentially leading to a wider conflict that could involve the entire region,” the OIC chair said. Haniyeh’s killing “will not quell the Palestinian cause but rather it amplifies it, underscoring the urgency for justice and human rights for the Palestinian people,” it added.

Amid several days of an anticipated major Iranian response against Israel, once it was known earlier in the week that the Islamic Cooperation council meeting had been called for Wednesday, most analysts took that as a sign that ballistic missiles wouldn’t be flying at least until then. But with the meeting now concluded, tonight could be the night.

Tyler Durden
Wed, 08/07/2024 – 16:40

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