‘Greenland Block’ Could Pour Arctic Air Across EU In First Proper Test Of Power Grids

‘Greenland Block’ Could Pour Arctic Air Across EU In First Proper Test Of Power Grids

Temperatures across Northwest Europe are set to dive well below average for the first half of December as an Arctic blast will be the first real test for the energy-stricken continent’s power systems. 

Bloomberg data shows average temperatures will begin sliding Wednesday under a 30-year trendline of about 40 degrees Fahrenheit to 27 degrees by the midpoint of December. This means that temperatures will be 10 degrees below the historical average, a sure sign that heating demand will rapidly increase.

Heating demand is set to explode.

Meteorologists at Klart.se in Sweden explained the Arctic chill is due to “a so-called Greenland blocking” event. The weather phenomenon “is starting to take shape in the middle or end of next week, which will send cold Arctic air in over Europe,” they continued and described the blocking pattern as a high-pressure zone over Greenland that restricts weather systems from running into it and pushes the jet stream south.

Temperatures across the largest European economy are expected to crater in the next two weeks to an average of 20 degrees. 

France will hover below freezing. 

The good news for Europe is that warmer-than-average autumn allowed natural gas reserves to fill up about 95%. Now comes the drawing period as heating demand is set to surge. 

Dutch NatGas benchmark TTF prices have already started to reverse on the prospects of colder weather.

Power prices are moving higher. The Nordic daily rate for Wednesday jumped 8.2% to 373.23 euros ($387) per megawatt- hour. 

German, French, and UK power prices are also increasing. 

And it begins: All that matters for Europe now are just how severe winter will be and the rate at which it draws NatGas from storage. 

Tyler Durden
Thu, 12/01/2022 – 02:45

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US Approves Heavy Weapon Sales To Newest NATO Applicant

US Approves Heavy Weapon Sales To Newest NATO Applicant

Authored by Will Porter via The Libertarian Institute, 

The US government has authorized a flurry of arms sales to European allies in recent weeks, including more than $850 million in advanced missiles and rockets to Finland, which is currently seeking to join the NATO military alliance.

The US Defense Security Cooperation Agency (DSCA) outlined the latest sale to Finland on Monday, noting that the State Department has approved a deal for 40 AIM-9 Sidewinder missiles and related guidance units, as well as 48 AGM-154 Joint Standoff Weapons, for an estimated $323.3 million.

File image: Pentagon

“This proposed sale will support the foreign policy and national security of the United States by improving the security of a trusted partner, which is an important force for political stability and economic progress in Europe,” the DSCA said, stressing that the deal would “not alter the basic military balance in the region.”

The Sidewinder is a versatile short-range air-to-air munition compatible with a variety of different launchers, first developed by the United States in 1956 and later adopted by dozens of American allies. The AGM-154 medium-range glide bomb is of much newer design, in service in the US since the late 1990s, and is capable of carrying various warheads. Both weapons are produced by Raytheon, and have been used by Finnish forces for several years.

The State Department gave the green light for an even larger arms transfer to Finland earlier this month, approving a $535 million sale for hundreds of Guided Multiple Launch Rocket Systems (GMLRS), which can be fired from two US-made multi-launch rocket platforms: the M270A1 MLRS and the M142 High Mobility Artillery Rocket System (HIMARS). 

The latter weapon has made an appearance on the Ukrainian battlefield, as the Joe Biden administration has provided at least 38 HIMARS launchers to Kiev, one of the heaviest and longest-range weapons shipped to the country since Russia’s invasion kicked off last winter.

Despite reports that Washington and its NATO allies have severely depleted their weapons and ammunition stocks after countless arms transfers to Ukraine – with some officials suggesting it will take years to replenish certain systems – the State Department has approved several other large military sales to European partners this month.

As of November 8, Belgium is set to receive $380 million in AIM-120 air-to-air missiles and related gear, which the DSCA said would help to keep Brussels’ F-16 and F-35 fleets in “combat-ready status.”

Lithuania, meanwhile, is looking to procure eight HIMARS launchers and various munitions to the tune of $495 million, a deal that would require US personnel to visit the country twice each year for “program management reviews” and other support services. The State Department authorized that sale on November 9, though all of the above deals still must receive final approval by Congress.

Switzerland also got in on this month’s European spending spree, outdoing its neighbors by nearly twofold with a $700 million purchase for 72 PAC-3 Segment Enhanced missiles for its US-made Patriot batteries. Despite the country’s nominal non-aligned status, the DSCA said the sale would help improve “interoperability with US and NATO forces,” underscoring Switzerland’s close military ties with the North Atlantic bloc.

As the world’s largest arms exporter, such deals are not uncommon for the United States, though the pace of recent sales to European allies could highlight growing anxieties in the wake of Russia’s attack on Ukraine. 

The offensive also prompted both Finland and Sweden to apply to join NATO back in May, breaking with years of neutrality. While all but two member states have since ratified their admission, the Nordic countries are set to remain close partners to the alliance regardless of their formal membership status. Both conduct regular joint military drills with NATO allies, while Stockholm became the first non-NATO member authorized to purchase and deploy its own Patriot missile battery last year, indicating its tight relations with Washington.

Tyler Durden
Thu, 12/01/2022 – 02:00

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A Lame-Duck Congress Should Reject the Extended Child Tax Credit


The U.S. Capitol building is seen at night

Democrats have lost the House of Representatives and, along with it, the chance to pass more of their preferred policies in 2023. This makes the “lame duck” period before the January arrival of the new Congress their last opportunity to fully control Capitol Hill for a while. It’s also a chance for outgoing legislators from either party to pretty much do as they please. My fear is that the outgoing majority will, with the help of some misguided Republicans, push for a disastrous expansion of the child tax credit.

Such a measure would revive the expanded credit passed by Congress in the American Rescue Plan of 2021, under the cover of the pandemic. Thankfully it expired before being made permanent. But Democrats have expressed their intentions to prioritize bringing back the policy, which would give a $3,000 child tax credit for dependents ages 6 and up and a $600 bonus for younger children.

The credit allowance would be fully refundable to those who pay no income tax, meaning that someone who earned $0 last year could receive as much as $9,600 for two children and a toddler, with part of it paid monthly by the Internal Revenue Service. The cost would be enormous—probably around $1.6 trillion over 10 years. That’s not due merely to the dollar amount of the credit, but also to the fact that most parents with children, even very rich ones, would be eligible for a significant portion of it.

Among the unfortunate consequences would be that it would kick even more people off the tax roll, thus raising the question of how sustainable an income tax system can be if most people don’t pay such taxes. But the biggest problem resides in the fact that by causing people to leave the workforce and reduce work effort, capital investment would be discouraged, ultimately further slowing economic growth. With fewer new ventures, fewer workers, and fewer related investments, less wealth is created. The result in the long run would likely be an increase in child poverty.

These problems are not unique to the extended child tax credit. In fact, the child tax credit itself has mostly been a failure since its inception in 1997. It has consistently failed to deliver on its promise of reducing child poverty. None of the many expansions since then have succeeded, either.

In a recent piece for The Wall Street Journal, economist Scott Hodge described how the whole debacle began as a result of his floating the idea of a child tax credit in 1993. He writes, “The ‘put money in people’s pockets’ approach of the child tax credit might have been good politics, but 25 years’ experience shows it was bad policy.”

A massive expansion of the credit, along with the lack of work requirements and the cash payments, would add significantly to the problem. In fact, most studies that forecast a significant reduction in child poverty due to the expanded version do not account for the many potential short-term work disincentives embedded in it.

As the American Enterprise Institutes’ Scott Winship explained a few months ago, these studies also do not model “short-term incentives that would be expected to increase the share of children living with single parents, nor any long-term incentives on work, living arrangements, marriage, or fertility that might be expected to work against poverty reduction even more. It does not examine the potentially negative impact of the expanded CTC on other outcomes, such as intergenerational mobility.”

Studies that do take all of this and more under account are sounding an alarm that legislators seem eager to ignore. For instance, economists from the University of Chicago found that the expanded credit could drive 1.5 million workers, or 2.6 percent of all working parents, out of the labor force. This would in turn swamp the impact of putting money in these parents’ pockets and explain why the authors also find a small reduction in child poverty from the credit but no impact at all on deep child poverty.

Democrats are likely hoping to get willing Republicans to go along their plans during the lame-duck session. I hope legislators will realize that the changes could also reduce income mobility, with all the known ill consequences for children. After the welfare reform of the 1990s, increased employment among low-income parents has driven much of the long-term declines in child poverty. It would be a shame to see some of that undone.

COPYRIGHT 2022 CREATORS.COM.

The post A Lame-Duck Congress Should Reject the Extended Child Tax Credit appeared first on Reason.com.

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The Evil Of The Political Left Is Rooted In Their Exploitation Of Tragedies

The Evil Of The Political Left Is Rooted In Their Exploitation Of Tragedies

Authored by Brandon Smith via Alt-Market.us

What is the root of all evil?  Money?  No, not really.  Money is just a tool, like a hammer, a wrench or even a gun.  When I think of evil I don’t envision a handgun or a rifle or a big pile of hundred dollar bills.  Instead, I see nightly news talking heads spreading disinformation and fear.  I see mobs of over-emotional and ignorant activists setting fire to buildings, tearing things down because they don’t know how to build anything useful and new.  And above it all, I see a small group of elites hovering, licking their chops as they fantasize about the potential power that can be gained from exploiting the chaos.

The willingness to destroy and cause suffering for personal benefit is evil.  The willingness to feed off the tragedies of others is evil.  And these are the cold characteristics that currently define the political left.

There have been multiple criminal events and national emergencies over the past few years that leftists have been very quick to hijack or scapegoat onto conservatives, often with embarrassing results for themselves.  The most recent being the Colorado “Club Q” shooting in which 5 people died and at least 19 were injured.  Here was the mainstream media’s reaction to the event, with little to no facts on hand to back their claims:

Leftists use a very predictable strategy when it comes to these kinds of high profile criminal acts – Immediately blame all conservatives and conservative principles for the crimes of one man.  Even if the event had nothing to do with conservatives, let the public think it did.  If a gun is involved, blame the legality of guns in general as if the weapon is the problem rather than the mental illness or psychopathy of the perpetrator.

As it turns out, the Club Q shooter suspect, Anderson Aldrich, is actually a member of the LGBT community and identifies as non-binary with They/Them pronouns.  Watch this CNN anchor’s response as she is forced to admit on air that the suspect does not fit CNN’s original narrative:

She is clearly upset and bewildered at the revelation, and the guests even start making excuses, suggesting that perhaps the suspect is lying about his gender identity (which is rather ironic). But why did they react this way?  Aren’t they supposed to be objective journalists merely reporting the facts as they become available?  Yes, I realize the very idea is ridiculous, but it shouldn’t be.  The mainstream is a hostile force seeking to demonize around half the population of America and we have grown used to it.  

With this latest information on the Club Q shooting the story has all but disappeared from the news feeds as if it never happened.  Just like the Waukesha Massacre perpetrated by a BLM supporter, or the the alleged attack on Nancy Pelosi’s husband, Paul Pelosi, and dozens of other recent crimes in which the facts do not serve the establishment narrative.  

What can we learn about leftists from the Club Q scenario in particular?  

First, they are robotic in their responses rather than empathetic.  They never pause to consider the complexities of the situation or wait to find out the truth.  They jump to the conclusions they WISH were true, rather than seeking to learn more.  Much like children.  

Second, though the vast majority of crime in the US is committed within Democrat controlled cities and states, the left only wants to highlight a certain type of crime – mass shootings by straight white males.  These events serve their political interests while the others do not.  You will not hear Democrats mention the high murder rate or black-on-black crime in anti-gun cities like Chicago, for instance.  They don’t care, because there’s no benefits or power to be squeezed from that ongoing tragedy.

Third, leftists are not interested in justice, they are interested in control.  Justice is about punishing the people that actually committed the crime; but for them punishment of a suspect is secondary to the control that might be derived from the fear and panic the crime caused.  Leftists will use any and every crisis or tragedy to demonize their political opponents.  

It’s very difficult for the media to attach conservatives and the concept of hate crimes to a shooting enacted by a member of the gay community.  Just as it was very difficult for them to attach white conservatives to hate crimes against Asians last year when most of the attacks were committed in heavily leftist cities by mostly black assailants.  

Fourth, leftists will happily stand on the bodies of victims to undermine rational conservative positions.  In the aftermath of Club Q, there was a mass campaign to attack the conservative stance against the grooming of children in public schools and “all ages” drag shows.  Leftists have decided for some reason that the sexualization of children is a hill they are willing to die on, and they will stop at nothing to justify drag dances and gender identity propaganda targeting kids.

We can speculate on why Democrats are so obsessed with getting kids in front of dancing drag queens flashing their crotches, or forcing kids to use made-up identity pronouns while questioning their biology, but the simplest explanation is that they want to groom impressionable children into the leftist fold so that they can be controlled for the rest of their lives.  

It’s not the LGBT part that we have a big problem with, it’s the propaganda and targeting of children we have a problem with.  Even if the Club Q shooter turned out to be a hardcore conservative instead of a trans person, that still wouldn’t change the underlying situation.  Two things can be true at the same time – Mass murder is wrong, and targeting children with political ideology and gender cultism is also wrong.  

Fifth, leftists often claim they have no interest in taking away American gun rights while at the same time demanding our guns be taken.  It seems schizophrenic if you don’t understand the concept of gaslighting, but narcissistic people often learn that saying one thing and doing the opposite is an excellent way to confuse their victims.   

As mentioned, they don’t care about most crime in the US; they even try to deny rising crime statistics.  However, they LOVE a mass shooting, especially the tiny percentage that involve military-style rifles, because they think it will give them the political capital needed to get a majority of people to support further gun restrictions or outright gun confiscation.

It is a fact:  Leftists want to end gun rights in the US regardless of the constitution.  And, they are willing to punish ALL gun owners for the crimes of a handful of people.  Again, this is not about justice, this is about control.  Why do they want to take away gun rights if they don’t actually care about the deaths of the people involved in crime?  We can only conclude that a well armed population is a considerable obstacle to their agenda.

The media will now have to play a game of spin as the Colorado shooting case unfolds.  They are already claiming that the suspect is not actually trans, as if the suspect is faking as a means to avoid hate crime charges.  If this is true, it would be a meaningless gesture as hate crime charges make no difference in the overall prosecution of multiple murders.  Also, generally speaking, people who commit hate crimes would be loathe to identify as the thing they are supposed to hate.  

The fact remains that you cannot separate the political left from the tragedy-whoring and crisis opportunism they employ.  Without constant calamity leftists serve no purpose and have no platform.  They need disaster to remain relevant, and they need panic as a tool for centralizing power.  They need the populace to be constantly afraid, mostly of threats that do not exist and suspicions that are misplaced.  

They will attempt to gaslight and claim that conservatives are somehow the same – But we are not.  We are not afraid of what we think they might do, we stand in opposition to what they are ALREADY doing.  We aren’t concerned about phantom enemies and imagined crises, we are concerned about the very real antagonists on our doorstep.  

This is one of the many differences between leftists and conservatives:  We’re not going to attack fellow Americans for things they have not done nor suspect people without evidence, we are only interested in stopping the trespasses that are happening right in front of our eyes.  We aren’t going to be victimized while our attackers pretend to be victims and we aren’t going to pretend we don’t see agendas that are obvious.  Most of all, to the best of our ability we rely on the truth to make our case while leftists rely on deceit and spin.  

The fact is, there is a divide now between leftists and conservatives that can never be mended.  We are so different in our goals and our principles it is as if we are two different species, and for now only one side has acted consistently to destroy the other.    

Tyler Durden
Wed, 11/30/2022 – 23:45

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Miami Nightclubs Are Starting To Miss Rich Crypto Nerds

Miami Nightclubs Are Starting To Miss Rich Crypto Nerds

Among all those suffering from the chaos in crypto…we can’t forget about Miami nightclubs.

Yes, apparently the South Beach hotspots are starting to miss the business young awkward crypto millionaires and billionaires, according to a new report from FT. The clubs had formerly been “inundated with phone calls from cryptocurrency entrepreneurs that no one had heard of,” the report says.

Those days are long gone.

When bitcoin was at $60,000, however, there seemed to be an endless supply of crypto geniuses who were eager to “reserve lots of tables — or rent an entire venue for a whole evening at a cost of half a million dollars or more,” the report says. 

Andrea Vimercati, director of food and beverage at Moxy Hotel group, told the Financial Times: “Out of the blue, all these kids from crypto started coming down and spending a lot of money — like, an insane amount of money.” 

“They were booking tables for $50,000, and it was like, who the hell are these people,” he continued, stating they were “95 per cent men, young . . . with a kind of nerdy style. You couldn’t tell they had a lot of money if they were just walking around.”

He continued, talking about the excess which has now been washed back out to sea: “They wanted to show that they didn’t have any limits. They were ordering 12 or 24 bottles of the most expensive champagne and just showering themselves without even drinking.”

One group, who claimed to have sold their crypto company, even paid a more than million dollar tab at a 50 Cent show in crypto, Gino LoPinto, operating partner at the club, recalled. His club transacted more than $6 million in crypto in the last year, he said. 

“They had bathtubs of champagne brought out, and gave 50 Cent a bunch of cash to throw,” she said. “You wouldn’t normally show your bank account, but people do show their crypto wallets/ I’ve seen more crypto wallets in a year than I’ve seen bank accounts in a lifetime.”

Now, the crypto club-goers have “completely disappeared”, Vimercati says. LoPinto noted that his club has only processed $10,000 in crypto transactions in the last 3 months. 

Alan Roth, owner of Rosa Sky rooftop lounge, added: “On the bigger crypto weekends, the groups coming in for private buyouts were these young tech guys. A buyout costs anywhere from 20 per cent to 50 per cent more than we would make on a normal night.”

Brett Harris executive director of luxury sales at real estate firm Douglas Elliman characterized the boom: “It was revenge of the nerds.”

Tyler Durden
Wed, 11/30/2022 – 23:25

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Escobar: The Global South Births A New Game-Changing Payments System

Escobar: The Global South Births A New Game-Changing Payments System

Authored by Pepe Escobar via The Cradle,

Challenging the western monetary system, the Eurasia Economic Union is leading the Global South toward a new common payment system to bypass the US Dollar…

The Eurasia Economic Union (EAEU) is speeding up its design of a common payment system, which has been closely discussed for nearly a year with the Chinese under the stewardship of Sergei Glazyev, the EAEU’s minister in charge of Integration and Macro-economy.

Through its regulatory body, the Eurasian Economic Commission (EEC), the EAEU has just extended a very serious proposal to the BRICS nations (Brazil, Russia, India, China and South Africa) which, crucially, are already on the way to turning into BRICS+: a sort of G20 of the Global South.

The system will include a single payment card – in direct competition with Visa and Mastercard – merging the already existing Russian MIR, China’s UnionPay, India’s RuPay, Brazil’s Elo, and others.

That will represent a direct challenge to the western-designed (and enforced) monetary system, head on. And it comes on the heels of BRICS members already transacting their bilateral trade in local currencies, and bypassing the US dollar.

This EAEU-BRICS union was long in the making – and will now also move toward prefiguring a further geoeconomic merger with the member nations of the Shanghai Cooperation Organization (SCO).

The EAEU was established in 2015 as a customs union of Russia, Kazakhstan and Belarus, joined a year later by Armenia and Kyrgyzstan. Vietnam is already an EAEU free trade partner, and recently enshrined SCO member Iran is also clinching a deal.

The EAEU is designed to implement free movement of goods, services, capital, and workers between member countries. Ukraine would have been an EAEU member if not for the Maidan coup in 2014 masterminded by the Barack Obama administration.

Vladimir Kovalyov, adviser to the chairman of the EEC, summed it all up to Russian newspaper Izvestia. The focus is to establish a joint financial market, and the priority is to develop a common “exchange space:” “We’ve made substantial progress and now the work is focused on such sectors as banking, insurance, and the stock market.”

A new regulatory body for the proposed joint EEU-BRICS financial system will soon be established.

Meanwhile, trade and economic cooperation between the EAEU and BRICS have increased 1.5 times in the first half of 2022 alone.

The BRICS share in the total external trade turnover of the EAEU has reached 30 percent, Kovalyov revealed at the BRICS International Business Forum this past Monday in Moscow:

“It is advisable to combine the potentials of the BRICS and EAEU macro-financial development institutions, in particular the BRICS New Development Bank, the Asian Infrastructure Investment Bank (AIIB), as well as national development institutions. This will make it possible to achieve a synergistic effect and ensure synchronous investments in sustainable infrastructure, innovative production, and renewable energy sources.”

Here we once again see the advancing convergence of not only BRICS and EAEU but also the financial institutions deeply involved in projects under the China-led New Silk Roads, or Belt and Road Initiative (BRI).

Halting the Age of Plunder

As if all that was not game-changing enough, Russian President Vladimir Putin is raising the stakes by calling for a new international payment system based on blockchain and digital currencies.

The project for such a system was recently presented at the 1st Eurasian Economic Forum in Bishkek.

At the forum, the EAEU approved a draft agreement on cross-border placement and circulation of securities in member states, and amended technical regulations.

The next big step is to organize the agenda of a crucial meeting of the Supreme Eurasian Economic Council on 14 December in Moscow. Putin will be there – in person. And there’s nothing he would love more than to make a game-changing announcement.

All of these moves acquire even more importance as they connect to fast increasing, interlocking trade between Russia, China, India, and Iran: from Russia’s drive to build new pipelines serving its Chinese market – to Russia, Kazakhstan, and Uzbekistan discussing a gas union for both domestic supplies and exports, especially to main client China.

Slowly but surely, what is emerging is the Big Picture of an irretrievably fractured world featuring a dual trade/circulation system: one will be revolving around the remnants of the dollar system, the other is being built centered on the association of BRICS, EAEU, and SCO.

Pushing further on down the road, the recent pathetic metaphor coined by a tawdry Eurocrat boss: the “jungle” is breaking away from the “garden” with a vengeance. May the fracture persist, as a new international payment system – and then a new currency – will aim to halt for good the western-centric Age of Plunder.

Tyler Durden
Wed, 11/30/2022 – 23:05

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Number Of Handgun Owners Carrying Daily Nearly Doubles In US

Number Of Handgun Owners Carrying Daily Nearly Doubles In US

A new study published in the American Journal of Public Health revealed the number of law-abiding Americans carrying a loaded handgun daily nearly doubled between 2015-19. 

The study titled “Trend in Loaded Handgun Carrying Among Adult Handgun Owners in the United States, 2015‒2019” found the number of law-abiding US adults carrying handguns nearly doubled from 9 million in 2015 to 16 million in 2019.

“Proportionally fewer handgun owners carried handguns in states where issuing authorities had substantial discretion in granting permits,” the study’s authors said. 

The authors claimed that very “little was known about the frequency and features of firearm carrying among adult handgun owners in the United States before this study. In fact, over the past 30 years, only a few peer-reviewed national surveys, conducted in 1994,1995, 1996, and 2015, have provided even the most basic information about firearm carrying frequency.”

Research firm Ipsos conducted the national survey between July 2019 and August 2019. Respondents were from firearm-owning households drawn from Ipsos’s Knowledge Panel, an online sampling pool of approximately 55,000 adults. 

There was no explanation by the study’s authors for the rapid increase in daily handgun-carrying adults. But during the period, social unrest in Ferguson, Missouri, and Baltimore City, Maryland, as well as surging violent crime across certain metro areas, could be the reason behind the trend. 

After all, an overwhelming number of respondents said they were carrying handguns for “personal protection.” 

“And all of these increases happened before the Covid lockdowns and the “Summer of Love” where many US cities experienced massive rioting, violence and staggering increases in crime,” firearms blog Bearing Arms said. Much of this unleashed a tidal wave of law-abiding citizens panic buying guns, even to this day, for personal protection. 

And then there’s this summer’s US Supreme Court’s NYSRPA v. Bruen ruling affirmed the right-to-carry applies outside the home, which forces states to stop arbitrarily denying carry permits to applicants who didn’t meet specific requirements. This ruling has allowed millions of gun owners to conceal carry if they take a two-day class and pass a background check.  

Suppose the authors were to update the study for the pandemic years and the Bruen ruling. In that case, we believe the number of Americans packing heat has dramatically increased as the country is plagued with violent crime in progressively run cities.

Tyler Durden
Wed, 11/30/2022 – 22:45

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42 Biden Admin Officials Put On Notice By House Republicans

42 Biden Admin Officials Put On Notice By House Republicans

Authored by Jack Phillips via The Epoch Times (emphasis ours),

At least 42 Biden administration officials were sent letters by Republicans on the House Judiciary Committee this month requesting testimony from a variety of White House officials.

Flanked by House Republicans, U.S. Rep. James Comer (R-Ky.) speaks during a news conference at the U.S. Capitol in Washington on Nov. 17, 2022. (Alex Wong/Getty Images)

Those letters primarily dealt with the suspected politicization of the FBI and Department of Justice (DOJ), investigations into U.S. border security, and President Joe Biden’s son Hunter.

A recent letter (pdf) led by Rep. Jim Jordan (R-Ohio) to White House chief of staff Ron Klain requested testimony from Biden administration staffers relating to alleged “misuse of federal criminal and counterterrorism resources to target concerned parents at school board meetings.” Interviews from four White House officials were requested.

Around the same time, another letter (pdf) from Jordan was sent to the Department of Education requesting testimony from three officials, and another letter to the Department of Homeland Security requests interviews from around a dozen administration officials. That includes embattled Homeland Security Secretary Alejandro Mayorkas and U.S. Immigrations and Customs Enforcement chief Tae Johnson.

Even more DOJ and FBI officials were asked to testify during the next Congress, according to two separate letters (pdf, pdf) sent by Jordan and others last week. They’re seeking testimony from Attorney General Merrick Garland, FBI Director Christopher Wray, Deputy Attorney General Lisa Monaco, and dozens of other DOJ and FBI officials, according to a Washington Examiner analysis of the GOP-backed letters.

It’s likely that Republicans will seek to investigate how the FBI and DOJ handled investigations into former President Donald Trump and the raid that targeted Mar-a-Lago in August. Republicans and Trump have long said the two agencies have exhibited a politically motivated animus toward the former president, coming after Garland announced he had appointed a special counsel, Jack Smith, to investigate him.

FBI Director Christopher Wray (R) and Attorney General Merrick Garland speak at a press conference at the Department of Justice in Washington on Oct. 24, 2022. (Kevin Dietsch/Getty Images)

More than a week ago, Garland appointed Smith as special counsel to “oversee two ongoing criminal investigations” into Trump, namely events surrounding the Jan. 6, 2021, Capitol breach and the Mar-a-Lago raid, according to a DOJ statement. Just days before, Trump announced he would be embarking on a third presidential bid in 2024.

Other Investigations

House Majority Leader-elect Steve Scalise (R-La.) revealed that some of the GOP’s priorities for the incoming Congress are probing the origins of COVID-19, the widely criticized U.S. withdrawal from Afghanistan, and allegations surrounding Hunter Biden.

The House Oversight Committee, under its top Republican and likely next chairman, Rep. James Comer (R-Ky.), is “ready to go start looking into a lot of the questions that people have had,” Scalise told Breitbart this weekend.

Whether it’s Hunter Biden’s dealings with all kinds of foreign countries [or] the laptop scandal, which the liberal media tried to dismiss when it came out in 2020,” he added. “It’s been verified.

It turns out there’s a lot of information on that laptop that raises serious questions, and James Comer’s committee’s going to be asking those.

Read more here…

Tyler Durden
Wed, 11/30/2022 – 22:25

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‘Alien’ Minerals Found On 15-Ton Meteorite That Crashed In Africa

‘Alien’ Minerals Found On 15-Ton Meteorite That Crashed In Africa

A team of researchers from the University of Alberta discovered at least two new minerals never before seen on Earth in a 15-ton meteorite that landed in east Africa.

Unearthed in Somalia in 2020, the meteorite is the ninth largest ever found. When researchers sliced off a two-ounce section of the space rock, they found two new minerals named “elaliite” and “elkinstantonite.” Details about the minerals remain limited. 

“Whenever you find a new mineral, it means that the actual geological conditions, the chemistry of the rock, was different than what’s been found before.

“That’s what makes this exciting: In this particular meteorite you have two officially described minerals that are new to science,” Chris Herd, a professor in the Department of Earth & Atmospheric Sciences and curator of the University of Alberta’s Meteorite Collection, said in a press release. 

Western researchers called the space rock “El Ali” because it was discovered near the town of El Ali, in the Hiiraan region of Somalia. 

Herd said the two new minerals were discovered on the first day the sample was analyzed. He said, “most of the time, it takes a lot more work than that to say there’s a new mineral.” 

Similar minerals had been synthetically created in a lab by French researchers in the 1980s but never found in nature. 

Herd also said these new mineral discoveries could one day benefit humanity: 

“Whenever there’s a new material that’s known, material scientists are interested too because of the potential uses in a wide range of things in society.”

Reports show the space rock has been shipped to China as meteorites are often bought and sold on international markets. 

Tyler Durden
Wed, 11/30/2022 – 22:05

via ZeroHedge News https://ift.tt/PJZuWst Tyler Durden

Pentagon: China Could Have 1,500 Nukes By 2035

Pentagon: China Could Have 1,500 Nukes By 2035

Authored by Dave DeCamp via AntiWar.com,

The Pentagon this week issued its annual report on China’s military power that claimed Beijing could nearly quadruple its nuclear stockpile by 2035, bringing it to 1,500 warheads.

Current estimates put China’s nuclear stockpile at about 350, although the Pentagon claims the number has surpassed 400. Beijing has signaled it plans to increase its nuclear deterrence, but it’s not clear if they will build new warheads at the rate the Pentagon estimates.

China’s arsenal is vastly smaller than the US and Russia’s and, unlike Washington and Moscow, has a no-first-use policy. Including retired warheads that are expected to be dismantled, the US is estimated to possess 5,500 warheads, and Russia is said to have 6,250.

The US has called on China to engage in trilateral arms control talks, but the only way that would happen is if the US and Russia work together to significantly reduce their stockpiles, and the prospects of any new arms control agreements between Washington and Moscow are bleak.

The Pentagon’s report echoed its recently released National Defense Strategy, which identified China as its top priority. The military power report calls Beijing the “most consequential and systemic challenge to our national security and to a free and open international system.”

The report said that China is keeping up “persistent” military operations around Taiwan, which is a response to increasing US support for Taipei.

In August, China launched its largest-ever military exercises around Taiwan in response to House Speaker Nancy Pelosi visiting the island. Beijing has kept up the military pressure since then by regularly flying planes across the median line, an informal barrier that separates the two sides of the Taiwan Strait.

Xinhua/Getty Images

Before Pelosi’s visit, China made clear it would respond to the provocation, and analysts rightly predicted that flights across the median line would become a regular operation if she went through with the trip.

Tyler Durden
Wed, 11/30/2022 – 21:05

via ZeroHedge News https://ift.tt/eym3P2V Tyler Durden