Ex-CBS Journo Catherine Herridge In Talks To Join X

Ex-CBS Journo Catherine Herridge In Talks To Join X

Award-winning journalist Catherine Herridge – whose controversial firing by CBS News in February made headlines over the fact that they confiscated her personal files amid an ongoing investigation onto the Hunter Biden laptop story, is in talks to join Elon Musk’s X, the NY Post reports, characterizing the talks as ‘preliminary.’

A potential deal could see Herridge — known for her aggressive reporting on the Hunter Biden laptop scandal — helm an investigative unit that she could help put together, according to a source close to the situation. -NY Post

“We are in discussions with many content creators who are interested in joining X in various ways. Catherine Herridge is a great journalist who strongly supports free speech,” X said in a statement to the outlet.

Wouldn’t it be hilarious if Musk gave Herridge the exact deal Don Lemon demanded? As a reminder, he wanted:

  • A $5 million up-front payment from X

  • An $8 million salary

  • Equity in X

  • The right to approve any changes in X policy related to news content

  • – A Tesla Cybertruck.

According to the report, joining X would allow Herridge the journalistic freedom to pursue a wide variety of stories.

X has been trying to build a high-profile roster of journalists to bring to its platform. It hired former Fox News anchor Tucker Carlson, and hired ex-CNN host Don Lemon. Lemon’s agreement with the platform was canceled by X boss Elon Musk, however, following a contentious interview with him earlier this month.

Lemon continues to post episodes of his show on X and YouTube, but viewership has cratered from his first buzzy interview with the Tesla CEO.

“Herridge is weighing a number of opportunities,” one source told The Post.

Meanwhile, the House Judiciary Committee is considering an investigation into CBS News for confiscating Herridge’s files, which the network called “nothing unusual.”

Tyler Durden
Wed, 03/27/2024 – 16:40

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

The Many Ways A Porous Border Means Crime Without Boundaries

The Many Ways A Porous Border Means Crime Without Boundaries

Authored by James Varney & Abigail Degnan via RealClear Politics,

When President Biden’s supporters attacked him for describing the man who allegedly murdered Georgia co-ed Laken Reilly as an “illegal,” they shined a light on one of the most contested words in American politics.

The progressive push to describe border crossers as undocumented or unauthorized can also serve to downplay and obscure the massive issue of crime perpetrated and spawned by the influx of millions of migrants since Biden was elected – often in ways that leave the migrants themselves as victims.

While migrant advocates argue that illegal arrivals commit crimes at lower rates than Americans, the claim is unverifiable because the federal government and most states do not break down crimes by immigration status.

Criminologists also note that it ignores the vast web of statutory crimes concurrent with illegal immigration – drug smuggling, human trafficking, child labor violations, prostitution, the black market in employment, and so on.

What remains undeniable by the law of averages is that the massive surge in immigration since the Biden administration relaxed border policies – a surge that it puts at more than 4 million people, but other sources millions more – has been accompanied by much more crime, however unquantifiable.

Millions of migrants, though not all, run afoul of laws by their situation more than by overtly malign criminal intent. But their first step across the border is a lawbreaking one, and it is often followed by life on the law’s margins: living in the U.S. without insurance or proper work papers, providing illicit labor for unscrupulous or blasé employers, turning to black markets for counterfeit Social Security cards, and often becoming targets for robbers or extortionists. Their desire to come to America creates a vast pool of criminality involving them or those illegally profiting from them.

“On some criminal matters, like homicides, we’ve got a good sense of the scale there whether we solve them all or not,” said Alex Nowrasteh, a vice president at the Cato Institute who studies the economic impact of immigration. “But some of this other stuff is like all black markets in that it is opaque behavior. We don’t know how much crime there might be and in a sense I think it’s sort of unknowable.”

An outer layer of this criminal onion is the so-called “coyotes” who smuggle migrants to the southern border. The United Nations Office on Drugs and Crime, which is sympathetic to the plight of refugees, paints a brutally stark picture of the  exploitive lawbreakers who lurk behind the caravans and trucks and trains heading north.

Some criminal groups view migrants as simply one of many commodities to be smuggled, alongside drugs and firearms,” it noted in a 2018 report. “Since the smuggling of migrants is a highly profitable illicit activity with a relatively low risk of detection, it is attractive to criminals.”

The United Nations also acknowledges the near impossibility of quantifying these criminal enterprises. “Assessing the real size of this crime is a complex matter, owing to its underground nature and the difficulty of identifying when irregular migration is being facilitated by smugglers,” it said.

In order to pay back these smugglers or the people willing to “host” them in the U.S., many migrants – no one knows how many – are often dragooned into illicit behavior.

“Even people who may come here with no criminal intent at all may find themselves involved in some sort of criminal activity because the cartels that control the immigration channels are going to get their money one way or another,” said Ira Mehlman, media director for the Federation of American Immigration Reform, which seeks policies to seal the border from illegal penetrations. “Going to work for the cartels is one way they can pay off their debts. Others may find themselves pressed into indentured servitude or, even worse, being trafficked in the sex trades.”

Although they gets little attention in the United States, the crimes associated with migration begin south of the border. Since Joe Biden sent a clear signal while running for president that he would welcome mass immigration, tens of thousands of people along the Central American isthmus have been inspired to migrate and have become victims too. Vulnerable and poor people making the more than 2,000-mile trek from the Darién Gap in Panama to the Texas border have been preyed upon physically and economically, contributing to the enormous human cost.

As millions of people have put themselves needlessly in the hands of cartels and smugglers to make the journey to the Southwest border, an untold number have suffered violence, degradation, and abuse at the hands of these ruthless organizations, while countless others have perished or simply been left to die in the jungles and deserts along the way,” according to the majority report from the House Committee on Homeland Security last October.

Todd Bensman, a writer with the conservative Center for Immigration Studies who has traveled extensively along the northward immigration routes, said travelers are frequently victimized and crime has exploded along with record increases in the numbers of people on the move.

“It’s not all about killings – they are getting raped and robbed, too,” Bensman said. “There are loan sharks who let victims know they know where family members are located – that’s a crime. And people are desperate, they are forced to steal food, there have been assaults on police, and recently a camp in Panama was burned down.”

Criminologists say part of the problem in measuring migrant-related crime in the United States is “sanctuary” jurisdictions that do not cooperate with federal immigration agencies. Sanctuary enforcement is also not a category traditionally tracked by law enforcement agencies. Nowrasteh said that several years ago he sent Freedom of Information Act requests to all 50 states seeking data on crime committed by or on immigrants and only Texas offered a response. Since then, he believes, Georgia has begun amassing statistics, but the state has not yet issued any public reports.

Grim arithmetic suggests the human costs of the unprecedented tide of illegal immigration under Biden, according to multiple reports and congressional testimony. A case in point is the hundreds of thousands of “unaccompanied alien children,” the innocuous-sounding phrase employed by a bureaucracy focused on avoiding the use of “illegals” who are newly arrived in the Biden years. Their oversight and handling has been mishandled, unintentionally or otherwise, by federal agencies, with the results of minors being trafficked and U.S. child labor laws being violated.

A 2023 report by the conservative Heritage Foundation found arrests for human trafficking rose by 50% and convictions for the crime by 80% in federal fiscal year 2022. Of those trafficked, 72% were immigrants, most here illegally, the report concluded. There was bipartisan outrage last July when the Labor Department revealed illegal child labor cases had risen by 44% in the last year.

The impacts are seen across the United States. The New York Post reports that “a street in Corona, Queens, has been transformed “into the city’s boldest open-air market for sex – one so popular with pervs that it’s advertised on YouTube. As police enforcement wanes and immigration surges nearly a dozen brothels have [also] set up shop along Roosevelt Avenue near Junction Boulevard.”

RealClearInvestigations has reported that many of the drug dealers who have turned San Francisco’s Tenderloin district into an open-air drug market are migrants connected to Mexico’s Sinaloa cartel. “The drug pushers are easy to spot: Unlike the users, they look healthy and wear clean clothes,” Leighton Woodhouse reported. “They’re almost universally young men, mostly Honduran (on the streets of San Francisco they’re called “Hondos”).”

Describing the plight of “twelve-year-old roofers in Florida and Tennessee,” “underage slaughterhouse workers in Delaware, Mississippi and North Carolina, and “children sawing planks of wood on overnight shifts in South Dakota,” the New York Times has reported that “migrant children, who have been coming into the United States without their parents in record numbers, are ending up in some of the most punishing jobs in the country.”

Millions of migrants working for legal businesses are also breaking the law. RCI has reported that “the historic surge of illegal immigrants across America’s southern border is fueling a hidden crime spree few in Washington seem willing or able to address: widespread identity theft victimizing unwitting Americans perpetrated by migrants who need U.S. credentials to work. … Federal authorities have found that well over 1 million are using Social Security numbers belonging to someone else – i.e. stolen or “shared” with a relative or acquaintance – or numbers that are fabricated.”

Such theft implicates many American citizens, who hire migrants with no such documents or who turn a blind eye to potentially stolen IDs.

Other Americans fall victim to crime connected to migration. For example, seizures of fentanyl, the synthetic painkiller the Centers for Disease Control blamed for a record 112,000 overdose deaths in 2023, have skyrocketed. In 2021, law enforcement agencies seized some 11.2 thousand pounds of the lethal drug, but in just two years the Chinese-abetted trade through Mexico has more than doubled, hitting 27,000 pounds last year, according to Customs and Border Patrol figures. Some immigration and drug experts believe the vast numbers of people crossing the border make it harder to interdict the flow of narcotics into the U.S.

Just two days before Biden used the description of “illegal” to describe Jose Antonio Ibarra, the 26-year-old suspected Venezuelan gang member accused of killing Laken Riley after entering the U.S. illegally in Texas in 2022, the Texas Department of Public Safety heralded the third anniversary of its “Operation Lone Star.” The figures offered a window into the law enforcement situation on what is something like Ground Zero of the illegal immigration to the U.S.

Texas Republican Gov. Greg Abbott described the operation as a direct consequence of the Biden administration’s deliberate failure to enforce existing U.S. immigration law. As of March, Operation Lone Star has resulted in “over 503,800 illegal immigrant apprehensions and more than 40,400 criminal arrests, with more than 36,100 felony charges,” the state’s Department of Public Safety said. In addition, authorities reported seizing “over 469 million lethal doses of fentanyl during this border mission.”

Disputed, and Elusive, Crime Stats

Despite all this, many immigration advocates continue to insist that immigrants tend to commit crimes at a lower rate than native-born Americans.

The news and social media may be filled with headline-grabbing incidents, such as the gang of migrants in New York City who beat police officers in Times Square. But Nan Wu, research director of the liberal American Immigration Council, told RCI the idea the U.S. is under some tidal crime wave due to the millions of illegal immigrants that have poured into the country during Biden’s first term is a sensationalist myth.

Perhaps the most widely cited study of this kind is one based on Texas statistics from 2012 to 2018 published by the Proceedings of the National Academy of Sciences (PNAS).

Relative to undocumented immigrants,” the study reported, “US-born citizens are over 2 times more likely to be arrested for violent crimes, 2.5 times more likely to be arrested for drug crimes, and over 4 times more likely to be arrested for property crimes.

But not all experts agree. Jason Richwine and Steven Caramota of CIS have criticized the PNAS study for failing to take into account further discoveries made by Texas authorities. “It is a misleading claim for several reasons,” the two claimed. “First, studies claiming it as fact are inescapably flawed, because most cities and states do not keep or publish data on criminals’ immigration status, rendering suspect any conclusions drawn from what data is available.”

Because the rates increase when the immigration status of people already serving time in Texas jails is taken into account, PNAS did not capture the full extent of the problem, Richwine told RCI.

“People have been way too hasty to draw firm conclusions because it’s not clear that Texas’ [statistics] are definitive – it’s not,” he said. “More states should do what Texas does and Texas should be more transparent about what they’re doing.”

The Department of Homeland Security did not respond to questions from RCI about migrant crime, nor did the Texas Department of Public Safety. But the dispute underscores the truth, acknowledged by all sides, that the paucity of reliable information leaves the only certain conclusion that there is more crime, regardless of perpetrator, because of the influx of more than 7 million people in three years.

With law enforcement agencies in some cases it is willful blindness because they refuse to cooperate in any meaningful way,” Mehlman said. “If they acknowledge the extent of the crime committed by illegal aliens, they would have to explain to the public why they continue to maintain sanctuary policies that shield criminal aliens.”

There are also other problems with the widely cited figures on crime rates. One that plagues all crime research, as Herrmann told RCI, is that crimes are under-reported. Experts must rely on available law enforcement data and it is understood that for various reasons such figures are not comprehensive.

‘Intellectual Fraud’

The numbers are misleading for another reason, too. Border Patrol agents told RCI that most people coming across illegally give themselves up quickly, knowing that current policies will allow them to be released into the U.S. with an expectation they appear for a court date years later. But the border crossers looking to stay in the shadows are more likely to be those with criminal pasts or inclinations, meaning a higher percentage of them would be among the at least 1.6 million “gotaways” Customs and Border Protection estimates have entered the U.S. illegally since 2021.

In fiscal 2023, it said in its most recent annual report, U.S. Enforcement and Removal Operations “removed 3,406 known or suspected gang members, an increase of 27.7% over FY2022, and 139 known or suspected terrorists, a 148.2% increase over FY2022.” It elaborated: “ERO officials made 170,590 administrative arrests, representing a 19.5% increase in overall arrests from FY2022. Of the total arrests ICE conducted in FY2023, 43% of those arrested had criminal convictions or pending criminal charges, up from 32.5% in FY2022.”

The House Committee on Homeland Security majority report in October said Border Patrol had “recorded 35,450 arrests of illegal aliens with criminal backgrounds, approximately 14,000 more total such arrests than the previous four fiscal years combined.”

Those apprehended with prior convictions had been found to have committed a wide range of crimes including assault, battery, domestic violence, and other sexual offenses, as well as driving under the influence, burglary, and theft, the report noted.

The committee’s Republican members were harshly critical of Homeland Security Secretary Alejandro Mayorkas’ handling of immigration, and their report was one more reason Mayorkas was impeached in February.

The harsh reality, one often voiced by survivors – Laken Riley’s parents among them – is that the horrific migrant crimes that draw national outrage might not have happened at all if laws were enforced.

“We have no idea if that would have changed anything, but he’s here illegally,” Laken Riley’s heartbroken father, Jason, said Mar. 18. “That he might not have been here had we had secure borders.”

In the aftermath of Riley’s shocking abduction and killing, her parents and others were incredulous that a man with prior arrests since his illegal entry to the U.S. and alleged ties to Venezuelan criminal gangs was in the country at all. The Border Patrol Union laid the blame squarely on Biden’s border policies.

Christopher Herrmann, a professor at John Jay College of Criminal Justice, said such anguish is understandable, and said that trying to view the incidents dispassionately offers “nothing that will be satisfying to any victim.” Yet he said the same argument could be extended to other horrible murders – gun crimes, for instance, in which so often the lethal weapon was illegally obtained and possessed. The crime should never have happened, in other words, if laws were properly observed.

But Bensman finds that logic unpersuasive. Because opening the border has been a deliberate, sustained policy of the Biden administration, it has introduced the criminal, rather than his tools, into the equation.

“You can’t compare ‘illegal crimes’ to crimes by illegals – it’s the wrong comparison because the second one is 100% preventable and unnecessary whereas we’re stuck, as it were, with U.S. crime. The whole ‘they’re not as bad’ argument about illegal immigrants is an intellectual fraud, it’s giving them an escape hatch when here it’s clear: the perpetrator should have been deported.”

Tyler Durden
Wed, 03/27/2024 – 16:20

via ZeroHedge News https://ift.tt/m4RfKT2 Tyler Durden

Trump’n’Pump Continues As Massive Squeeze Lifts Small Caps Into Month-End; Gold Closes At Record High

Trump’n’Pump Continues As Massive Squeeze Lifts Small Caps Into Month-End; Gold Closes At Record High

The month-/quarter-end rebalance-fest continued with a giant short-squeeze offsetting the $32 billion in US equities to sell given the moves in stocks and bonds in Q1

Stocks up large (and non-stop in Q1) while bond (prices) drifted lower (yields higher)…

Source: Bloomberg

Which may explain why bonds were bid today (given the absence of macro data), with 10Y Yields back at their lowest in two weeks…

Source: Bloomberg

Nasdaq lagged again on the day (relabalancing) but Small Caps face-ripped higher on the day. Today saw a late-day buying panic (as opposed to the last two days of dumping in the last 30 minutes) which lifted nasdaq green and small caps to a giant day…

Sell, Sell, Sell, Buy!!!!

Thanks in large part to a gigantic short-squeeze – the biggest low-to-high rip for ‘most shorted’ stocks since the end of February…

Source: Bloomberg

Mag7 stocks staged a very late-day comeback today to close green barely…

Source: Bloomberg

And Trump-mania continued with DJT up another 15% today…

Yesterday saw a big resurgent net inflow (over $417mm) into BTC ETFs…

Source: Bloomberg

And that helped lift bitcoin early on but SEC vs COIN headlines prompted some selling which was immediately pounced upon by futures sellers, dragging bitcoin back below $69,000…

Source: Bloomberg

Away from the headlines that are usually front and center on CNBC, the FX market had quite a day as USDJPY tested a key level and was desperately jawboned by every Japanese official that could fog a mirror that “we’ll do something really big, don’t make us!!”.

152 is the weakest for the yen against the dollar since 1990… and is the same level that prompted intervention in 2022…

Source: Bloomberg

It may not look like much but that level is make or break and Tokyo knows it.

But the dollar looked like it did nothing on the day…

 

Source: Bloomberg

Oil prices rebounded on the day, erasing the post-API losses (as official data came in with a much smaller build)…

Source: Bloomberg

Gold continues to drift higher, testing back up towards $2200 today…

Source: Bloomberg

But closing at a record high in USD…

Source: Bloomberg

Finally, if you’re Japanese, gold has been a great bet…

Source: Bloomberg

…and so has bitcoin…

Source: Bloomberg

…protection from government incompetence.

Tyler Durden
Wed, 03/27/2024 – 16:00

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

US ‘Backed Itself Into Corner’ By Blaming ISIS For Moscow Attack As Fires Burned: Kremlin

US ‘Backed Itself Into Corner’ By Blaming ISIS For Moscow Attack As Fires Burned: Kremlin

Russian foreign ministry spokesperson Maria Zakharova on Wednesday gave an interview to Russian state-run English language media wherein she continued to advance the Kremlin’s claims that the Ukrainian government or its Western partners likely had something to do with the the Crocus City Hall terror attack.

She described that it was strange that a Western media narrative coalesced around ISIS being behind the attack even as the mall and concert hall was still on fire and emergency crews were still responding. She said the US government has backed itself “into a corner” given that officials made bold statements too quickly in the aftermath.

“The very fact that within the first 24 hours [after the attack], even before the fire was put out, the Americans started screaming that it wasn’t Ukraine, I think, is a piece of incriminating evidence. I can’t classify it otherwise; it is evidence in and of itself,” Zakharova told Sputnik

Moscow News Agency via AP

“The second fact to note concerns the clamor by the US that this assuredly was the work of ISIS,” Zakharova emphasized. “Of course, the speed with which they were able to [come to such forthright conclusions] is astonishing. It took them only a few hours to get to a microphone, turn on the lights, summon the press, and draw a conclusion about who is to blame for this horribly bloody terrorist attack.”

She underscored that all of this demonstrates that US officials “boxed themselves into a corner” because it allowed independent analysts to “[remind] everyone else what ISIS really is.” By that, she meant the recent history of the US/Gulf alliance in Syria having fueled the rise of ISIS:

“You are behind all those ISIS-type structures; you – the United States, Great Britain – yourselves brought them into being,” she concluded.

During the decade-long proxy war in Syria, the West backed the side that produced the Islamic State. In many instances, the US was even paying the salaries of “Free Syrian Army” (FSA) commanders who were openly cooperating and fighting alongside ISIS and Al-Qaeda terrorists.

Kremlin officials have strongly suggested that ISIS militants were used as proxies for the Friday attack in Moscow on behalf of the Ukrainian or possibly Western governments or intelligence agencies.

On Wednesday the official death toll from Russian authorities in the wake of the terror attack on the Moscow concert hall has reached 140 killed, after more people succumbed to their wounds in the hospital.

In the days following the Crocus City Hall attack, Russian state media has been featuring stories on the ‘rise of ISIS’ and the West-sponsored jihad in Syria:

President Vladimir Putin in addressing the terror attack over the weekend vowed to hunt down and punish all perpetrators while also charging that Ukraine prepared a “window” to help the terrorists escape. Since then several more arrests of alleged collaborators and plotter have been made. As for the culprits possibly receiving assistance from Ukraine or Western governments, there’s as yet been no clear evidence presented that demonstrates a connection.

Tyler Durden
Wed, 03/27/2024 – 15:45

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

Baltimore Port Closure Puts Truck Drivers Who Haul Autos In A Bind

Baltimore Port Closure Puts Truck Drivers Who Haul Autos In A Bind

By John Kingston of FreightWaves

With the closure of the Port of Baltimore for the foreseeable future, the question of which truck drivers are most affected inevitably focuses first on drayage.

But Baltimore is not a major intermodal port, with estimates that its share of U.S. intermodal traffic is in the low single digits.

What the Port of Baltimore is, however, is a huge gateway for automobile imports and, to a lesser extent, car exports. And that fact is likely to shake up the niche truck segment of auto haulers.

Source: Bloomerg

Guy Young is the general manager of the Auto Haulers Association of America. Reached by phone Monday, the day of the Francis Scott Key Bridge collapse, he assessed his members’ industry as it suddenly deals with the loss of its biggest import point.

“What car haulers need that not necessarily any of the other types of container shippers need are places to store the cars until the auto haul trucks come in and pick them up,” Young said.

That means parking lots — big ones — and not every port has them. And if they do, there is not necessarily spare capacity beyond what they are utilizing now.

“Containers require a space to put them, too, but you can stack them,” Young said. That obviously isn’t possible with cars.

He noted that the East Coast also has a significant auto import site at the Port of Brunswick, Georgia, not far from Savannah.

In an article published in Forbes, Ken Roberts, who analyzes trade data, said he believed that the Georgia port would be the best location to take in auto carriers diverted from Baltimore. In the article, Roberts said the leading import partners at Brunswick “align most closely with those of the Port of Baltimore.”

Movin’ out?

But that raises a question. Drivers of auto haulers who are located in the Baltimore region to service that port would need to move their base of operations at least temporarily to Brunswick or other ports — Roberts and Young both mentioned Newark, New Jersey, and Jacksonville, Florida, as leading car import sites — to make the increased operations there work. Will they make that move?

Most auto haulers are home at night, Young said. Companies that specialize in auto hauling “probably have drivers that are based in Baltimore or live close by. You can’t necessarily just send them out anywhere because they don’t have a home to get back to.”

Auto hauling is “not really like over-the-road driving,” Young said. “It’s more regional.”

If the drivers who move autos out of Baltimore to the mid-Atlantic or Northeast are doing so in a day’s time, and now will have to tack on additional over-the-road hours to get cars out of a port like Brunswick, “that’s going to affect hours of service,” Young said.

Possible HOS waiver looms

And online chatter Monday was focusing on the possibility of a more generalized HOS waiver from the Federal Motor Carrier Safety Administration. 

Governors have the  power to declare states of emergency that include state waivers of HOS for a certain period of time, but ultimately, a federal waiver is needed. Maryland Gov. Wes Moore did declare a general state of emergency, but the wording has no specific reference to hours of service.

Auto import data for Baltimore is described in terms of tonnage. In January, according to Maryland data, auto imports were 56,332 tons. The monthly average for 2023 was 68,871 tons. A year earlier it was 71,332 tons. And in 2013, it was 91,191 tons. Specific port by port data was not immediately available, but Baltimore has been described as the largest auto port by several sources. 

Auto exports were 5,064 tons in January, averaged 8,883 tons per month in 2023 and averaged 19,783 tons in 2013. 

The impact on the number of drayage carriers now staring into a demand for their services is impossible to quantify precisely but is undoubtedly huge.

But Louis Campion, the president and CEO of the Maryland Motor Truck Association, told FreightWaves in an email that his organization has about 75 companies that provide intermodal services to Baltimore’s port.

Although the port is technically open to service freight on the docks and in the terminals, the collapsed bridge serves as a barrier for entry and exit from those facilities, which are all inside the site of the catastrophe.

Source: Bloomberg 

Campion noted that activity can continue at terminals. “However, unless the waterways are reopened, it will serve as a blockade to the Port and effectively choke off economic activity,” he said. “If the waterways are not cleared so that ships can continue to access the Port, we would see the impact in literally a few days.  It may already be difficult as some shippers will most certainly start to re-route to other ports.”

News reports have noted shipping officials who are already rerouting freight.

Drayage drivers would face the same dilemma as the auto haulers Young discussed: They can possibly move their trucks to other ports to service diverted freight, but what becomes their home base? 

Campion’s group issued a statement on the bridge collapse that discussed some of the numbers affected by its fallout.

“We know that the Port itself is responsible for 20,000 direct jobs, and thousands of other indirect jobs it creates in industries like trucking,” the statement said. “The Key Bridge is a critical route for trucking into and out of the Port of Baltimore. In 2022 the Bridge carried over 4,800 trucks per day.”

Traffic that had crossed the bridge has three alternative routes. Two are through tunnels that cross under the Port of Baltimore, one on Interstate 95 and the other on Interstate 895, but hazardous materials cannot travel through either tunnel.

Source: Bloomberg 

The second is the western side of the 695 loop around Baltimore. The eastern side of 695 includes the Key Bridge.

Limited intermodal impact

An irony in the bridge collapse is that it was caused by a container ship, though Baltimore is not a significant intermodal port.

In a commentary about the impact of the bridge collapse on East Coast railroad CSX, the transportation team at Deutsche Bank led by Amit Mehrotra said Baltimore last year handled about 300,000 inbound twenty-foot equivalent units, far fewer than New York/New Jersey (2.4 million) and more than 900,000 in Norfolk, Virginia. However, it was more than the 240,000 units handled in Philadelphia, which has been spoken of as a possible alternate destination for cargo routed away from Baltimore.

That small amount of intermodal service is one reason why the Key Bridge collapse is not viewed as a significant incident for the rail intermodal industry, though it could have more impact on coal traffic. Baltimore is a key export site for coal.

“The temporarily displaced imports should be able to easily reroute to nearby ports of entry,” Deutsche Bank wrote. “There is also plenty of available outbound capacity to divert the 200k+ loaded exports that leave Baltimore each year.”

The bank added that the coal slowdown could impact CSX. The Curtis Bay Coal Piers has export capacity of 14 million tons of coal. “At full capacity this would account for about one third of CSX’s annual export (metallurgical) coal volume (40 million tons), though we estimate the actual volume is much less than this,” Deutsche Bank wrote. “The bottom line is CSX’s weekly coal volumes are likely to be down a lot in the coming weeks; if we assume an impact for 2 months, we see max potential for about 30k lower coal carloads.”

On the energy front, recent records show Baltimore importing minor amounts of petroleum. In December, it was one shipment of asphalt and one shipment of biomass-based diesel, which could be either renewable diesel or biodiesel.

The liquefied natural gas export port at Cove Point, Maryland, is outside the port and is not affected by the collapse, according to a spokesman for the facility.

Tyler Durden
Wed, 03/27/2024 – 15:25

via ZeroHedge News https://ift.tt/5KioRFV Tyler Durden

“Queer Princeton Alumni” President Arrested On Child Porn Charges

“Queer Princeton Alumni” President Arrested On Child Porn Charges

The President of the “Queer Princeton Alumni” and the Princeton and Harvard Glee Clubs, who also sits on the board of the New York Philharmonic, was charged and arrested over possession of child pornography, according to the Mercer County, NJ Prosecutor’s Office.

Roy “Trey” Farmer, 53, a 1993 Princeton grad, was arrested on Friday at a condo he owns in Princeton, across from the university’s main entrance. He faces one count of possession of child sexual abuse material, a third-degree felony.

In January, 2024 detectives with the prosecutor’s Internet Crimes Against Children (ICAC) Unit received information from the National Center for Missing and Exploited Children that an individual in Mercer County had uploaded an item that portrayed child sexual abuse material, the Daily Voice reports. Following an investigation, Roy D. Farmer was identified as a subject.

On Friday, March 22, members of the Mercer County Tactical Response Team, with assistance from the Mercer County Prosecutor’s Office and Homeland Security Investigations Trenton, executed a search warrant at an apartment in Princeton owned by Farmer, where detectives seized multiple items of evidentiary value, the prosecutor’s office said. -Daily Voice

Farmer has remained in the Mercer County jail since his arrest, and will face a detention hearing on Wednesday in Superior Court of Mercer County in Trenton. The prosecutor’s office will argue he be detained pending trial, according to NJ.com.

Farmer has previously served on the boards of the Classic Chamber Concerts, Istanbul State Opera and Ballet, London Symphony Orchestra, Naples Music Club, Opera Naples, the and the StayInMay Festival, according to his bio on the Queer Princeton Alumni website.

According to his bio for the Harvard Glee Club cited by the Daily Voice, he’s an ‘entrepreneur’ who operates companies in the US, Europe and the Middle East.

Tyler Durden
Wed, 03/27/2024 – 15:05

via ZeroHedge News https://ift.tt/THGNYV3 Tyler Durden

Trump Selling $60 Bibles To ‘Make America Pray Again’

Trump Selling $60 Bibles To ‘Make America Pray Again’

Authored by Aldgra Fredly via The Epoch Times,

Former President Donald Trump announced on March 26 his collaboration with country singer Lee Greenwood to promote the “God Bless The USA Bible,” encouraging people to buy it and “make America pray again.”

“All Americans need a Bible in their home, and I have many. It’s my favorite book,” the Republican presidential candidate said in a video posted to his Truth Social account on March 26.

“I think you all should get a copy of God Bless the U.S.A. Bible now and help spread our Christian values with others. There you have it. Let’s make America pray again,” he added.

“God Bless The USA Bible” features the King James Version translation, costing $59.99. It includes the handwritten chorus of Mr. Greenwood’s famous “God Bless The USA” song, the U.S. Constitution, the Declaration of Independence, the Bill of Rights, and the Pledge of Allegiance.

President Trump said that many Americans “don’t know the liberties and rights” they have as U.S. citizens, nor are they aware of “how they are being threatened to lose those rights.”

“It’s happening all the time,” he remarked. “It’s a very sad thing that’s going on in our country, but we’re going to get it turned around.”

The former president said that “religion and Christianity are the biggest things missing from this country,” which resulted in the country “going haywire.”

“I truly believe that we need to bring them back here and we have to bring them back fast. I think it’s one of the biggest problems we have,” President Trump said.

“Our Founding Fathers did a tremendous thing when they built America on Judeo-Christian values. Now, that foundation is under attack, perhaps as never before. What can we do? Stand up, speak out, and pray that God will bless America again,” he added.

‘Nothing to Do With Any Political Campaign’

Billing itself as “the only Bible endorsed by President Trump,” the new venture’s website describes it as “easy-to-read” with “large print” and a “slim design” that “invites you to explore God’s Word anywhere, any time.”

It claims the product “is not political and has nothing to do with any political campaign.”

“GodBlessTheUSABible.com is not owned, managed or controlled by Donald J. Trump, The Trump Organization, CIC Ventures LLC or any of their respective principals or affiliates,” the website states, adding that “GodBlessTheUSABible.com uses Donald J. Trump’s name, likeness and image under paid license from CIC Ventures LLC, which license may be terminated or revoked according to its terms.”

CIC Ventures LLC is a company that President Trump reported owning in his 2023 financial disclosure.

Republican presidential candidate and former President Donald Trump delivers remarks while introducing a new line of signature shoes at Sneaker Con at the Philadelphia Convention Center, in Philadelphia, Pa., on Feb. 17, 2024. (Chip Somodevilla/Getty Images)

The Bible is the latest commercial venture that President Trump has pursued while campaigning.

Last month, he debuted a new line of Trump-branded sneakers, including the $399 gold “Never Surrender High-Tops,” at Sneaker Con in Philadelphia. The venture behind the shoes, 45Footwear, also sells other Trump-branded footwear, cologne, and perfume.

The Bible sale comes as President Trump has faced a serious money crunch amid mounting legal bills while he fights four criminal indictments and a series of civil charges.

The former president was given a reprieve on March 25 when a New York appeals court agreed to hold off on collecting the more than $454 million he owes following a civil fraud judgment if he puts up $175 million within 10 days. President Trump has already posted a $92 million bond in connection with defamation cases brought by the writer E. Jean Carroll, who accused him of sexual assault.

Tyler Durden
Wed, 03/27/2024 – 14:45

via ZeroHedge News https://ift.tt/bPw6Ad0 Tyler Durden

New York Starts Handing Out Prepaid Debit Cards To Illegal Immigrants

New York Starts Handing Out Prepaid Debit Cards To Illegal Immigrants

Authored by Tom Ozimek via The Epoch Times,

New York City officials on Monday started handing out pre-paid debit cards to illegal immigrants as part of a $53 million pilot program that has drawn criticism over whether the prospect of “free money” is incentivizing more unlawful border crossings.

The first batch of the cards were given out on March 25 to a handful of families and that will expand to roughly 460 people by next week, New York City Mayor Eric Adams’ office confirmed to Fox News.

The Epoch Times previously reported on the pre-paid card program, under which New York City awarded a $53 million contract to a company called Mobility Capital Finance to create and distribute the pre-paid cards, called immediate response cards.

Under the program, the cards would first be delivered to the Roosevelt Hotel, the first touchpoint for illegal immigrants arriving in the city, with records indicating that the first to receive the cards will be families with children under the care of NYC’s Housing Preservation and Development agency.

City Hall said that the pre-paid cards can only be used at bodegas, grocery stores, supermarkets, and convenience stores and recipients will have to sign a pledge promising to use the cards only to buy food and baby supplies.

The program has faced criticism, including over the use of taxpayer funds to provide services to people who entered the country by flouting the law, and over fears that they would incentivize illegal immigration.

Mixed Messages?

New York City Mayor Eric Adams defended the use of the prepaid cards during an in-person media availability in Albany on March 26.

Mr. Adams was asked by a reporter whether the prepaid cards provide potential migrants an appealing reason to come to the United States and so whether the program sends a mixed message, given the mayor’s stated attempts to dissuade illegal immigrants from coming to New York City.

“No, it sends a mixed message when it’s distorted,” the mayor replied. He said he gave his team a clear directive to bring down costs related to the provision of services to illegal immigrants in the Big Apple by 30 percent—and that the cards are part of that initiative.

Mr. Adams called the cards a “cost-effective” win-win that saves taxpayers over $600,000 per month, or $7.2 million per year.

“We’re going to do away with food waste and we’re going to put money back into the local economy,” he said.

Mr. Adams argued that criticism isn’t a good enough reason not to press ahead with the program.

“If we didn’t do things because poeple are going to critique us, we wouldn’t have gotten thousands of people off our streets that are homeless, we would not have removed our encampments, we would not have taken thousands of guns off the street,” he said. “We’ve got to do it right.”

He was then asked a follow-up question about the problem of word getting back to the border or further south that basically “free money” is being made available to families and therefore incentivizing more illegal immigration.

Mr. Adams said it’s unavoidable that information will get back to friends and family in South American countries that even rudimentary conditions in New York shelters are better than the dire conditions some people are fleeing.

“That’s going to go back,” he said, adding that, “we have to find the right combination—delivery of services, with the same level of dignity, and do it in a way that’s cost effective.”

“And I’m not hearing from my colleagues down in Ecuador or Columbia or Mexico that everybody is running to New York because they’re going to get a food card,” he added. “I’m not hearing that.”

Febien Levy, the deputy mayor for communications at Mr. Adams’ office, added that there’s an effort underway to inform people at the border by handing out flyers that there are no unlimited free services for people once they cross into the United States.

“There’s no free money. These are not ATM cards, you can’t take cash out. If anyone has that idea, they’re wrong,” Mr. Levy said. “This is for food and baby supplies only.”

A U.S. Border Patrol agent speaks with illegal immigrants at a transit center near the U.S.–Mexico border in Eagle Pass, Texas, on Dec. 19, 2023. (John Moore/Getty Images)

The prepaid card program comes as taxpayers in New York City face sharp cuts to services such as policing and education because the city has had to divert money to cover expenses associated with the influx of illegal immigrants.

New York City Councilman Joe Borelli criticized the program, telling Fox 5 NY when the program was first announced that providing illegal immigrants with services on the taxpayer dime sends the wrong message.

“We’re just giving this migrant population more free stuff at the expense of New York City taxpayers,” he told the outlet.

Mr. Adams has pushed back on this message, arguing that the program would save New York around $7 million per year compared to New York officials physically handing out food to illegal immigrants, where logistics and waste would add to the cost.

New York Mayor Eric Adams speaks during his weekly press conference at New York City Hall on Nov. 14, 2023. (Angela Weiss/AFP via Getty Images)

The mayor insisted at the briefing that the assistance is justified to alleviate a “humanitarian crisis” that has gripped the city as around 180,000 asylum-seekers have come since last spring.

Amid the influx, Mr. Adams has walked a fine line between empathy and criticism. For instance, he warned in September 2023 that the unending influx of illegal immigrants would “destroy New York City.”

He has also pleaded for federal help, lamenting that the Biden administration’s lack of action was leaving cities to fend for themselves.

Tyler Durden
Wed, 03/27/2024 – 14:05

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

One Man Dead After (Yet Another) Shooting At Philadelphia SEPTA Bus Stop

One Man Dead After (Yet Another) Shooting At Philadelphia SEPTA Bus Stop

Another day, another shooting at or near Philadelphia’s mass transit system. 

Just weeks after a deadly shooting near a SEPTA stop injured 8 people, another man is dead after a shooting at a bus stop in Northeast Philadelphia. 

The shooting took place at the Arrott Transportation Center, according to reports from KYW Newsradio. The report says that “one man was shot in the chest and taken to a nearby hospital where he later died”.

Another man was shot in the leg and is in stable condition. The victim is a 33 year old Philadelphia resident, the report says. And, of course, no arrests have been made as of the time of the article’s writing. 

Earlier this month 8 teens were shot near a SEPTA bus, also in Northeast Philadelphia. That report came just hours after a prior shooting injured four and killed one involving mass transit in Philadelphia was reported.

The incident earlier this month happened near Northeast High School at Cottman and Rising Sun avenues, where students were waiting for a bus. Three assailants opened fire, shooting over 30 rounds from across the street, wounding eight teenagers.

Mayor Cherelle Parker commented at the time: “The purpose of our being here today is to inform you all that enough is enough. That every law enforcement partner that we have here in the city of Philadelphia is actively engaged in working together to ensure that every resource that is needed is readily available so that the work can be done to solve crimes.”

Philadelphia Police Commissioner Kevin Bethel added: “It’s hard to sit here in three days and have 11 juveniles shot who are going and coming from school. The cowardly acts that we’ve seen over the last three days are unacceptable, The downstream impacts if we do not address gun violence and we do not address guns is what we see today.”

“We cannot ignore what we’re seeing over the last three days. I will not sit here and people call me and tell me what I should or should not be doing,” Bethel continued.

“This is what we see when we give guns in the hands of juveniles and what they do with them. Telling kids they should not carry guns because they’re scared. Really? This is the end results of what we see. So we’re going to work hard and continue with the men and women behind me and my team to get these guns off the street and stop this from happening.”

But, as KYW notes, this week’s shooting marks the fifth shooting on or near SEPTA busses this month. So, it appears the mayor and Police Commissioner have more work to do than just jawboning…

Tyler Durden
Wed, 03/27/2024 – 13:45

via ZeroHedge News https://ift.tt/MZ2OnPs Tyler Durden

The Roberts Court May Force You To Drive An EV

The Roberts Court May Force You To Drive An EV

Authored by Thomas McArdle via The Epoch Times,

The Biden administration has just required that the majority of automotive vehicles manufactured be electric by 2032, inflicting upon the American people troublesome cars whose price is an exorbitant $53,500 on average and that cost a fortune to repair. House Speaker Mike Johnson warned that the move will “devastate auto manufacturers.”

While electric vehicles (EVs) totaled less than 8 percent of sales of new cars last year, the Biden rule demands they reach as much as 56 percent in less than a decade, and as much as 36 percent for plug-in hybrid vehicles. The regulatory method to be employed is mandating that automakers cut carbon dioxide emissions by more than half by eight years from now. Far sooner than that as a result, just several years down the road, Americans may no longer be able to afford an ordinary gasoline-powered vehicle.

The extremism of the new regulations is a direct result of something many Americans likely didn’t think had anything to do with revolutionizing and dictating the ways they get themselves from point A to point B—2022’s so-called Inflation Reduction Act (IRA).

While doing nothing to reduce inflation, the law acted as step one of the implementation of President Joe Biden’s Green New Deal, giving the Environmental Protection Agency (EPA) explicit powers regarding greenhouse gases and in forcing solar, wind, and other expensive alternatives to fossil fuels on the private sector. The IRA’s Title VI amended the Clean Air Act to identify by name pollutants, including CO2, so the EPA would have congressional authorization to regulate them and shift to pricier green forms of energy.

Overlaid on the new powers were massive amounts of new taxpayer cash, with the act spending approximately $370 billion in incentives for solar panels, EVs, and other environmentalist wares that can’t make it in the market. Demand for electric transportation, meanwhile, looks unpromising, with Ford reducing EV manufacturing to the tune of the withdrawal of $12 billion, and Toyota looking more to hybrids than EVs.

The Biden regs set the stage for a battle royale in the Supreme Court, but to know why, let’s back up.

Congress had in 2010 settled the issue of whether carbon emissions from coal plants could be capped, deciding in favor of coal and thus saving an industry that directly provides livelihoods for tens of thousands of Americans. President Barack Obama responded by issuing EPA regulations that imposed such a cap, his administration’s Clean Power Plan of 2015. This ended the constraint against the EPA’s imposing emission reduction methods that would put coal plants out of business.

In effect, President Obama took it upon himself to rewrite the 1970 Clean Air Act via the use of an obscure, vague provision within it and force coal plants that reached the carbon emissions cap to stop operations, finance new plants classified as clean, or buy their way out via emissions allowances—anesthetizingly referred to as “cap and trade.” His autocratic scheme had the obvious goal of shutting down the nation’s coal industry in stark defiance of Congress’s wishes, using established statutory language to exercise new powers not authorized or intended by those old laws.

Not surprisingly, coal industry states such as West Virginia sued the EPA. And in 2022 in a 6–3 decision, the Supreme Court issued a landmark ruling in favor of the Mountain State, and 19 others, against the environmental agency and its “expert” bureaucrats in exercising these powers not granted by lawmakers.

Quoting Justice Brett Kavanaugh’s statement in a 2017 case, Chief Justice John Roberts pointed out in the majority opinion that the justices “presume that ‘Congress intends to make major policy decisions itself, not leave those decisions to agencies.’”

“Thus, in certain extraordinary cases, both separation of powers principles and a practical understanding of legislative intent make us ‘reluctant to read into ambiguous statutory text’ the delegation claimed to be lurking there,” he wrote.

An agency such as the EPA “must point to ‘clear congressional authorization’ for the power it claims.”

The misnamed Inflation Reduction Act was written by Democrats to function as that clear legislative license the chief justice demanded; one Harvard law professor predicted it would strongly discourage future lawsuits against the EPA. But the new powers the IRA gives the EPA still do not go as far as President Obama’s Clean Power Plan, which imposed exacting carbon emission reductions upon individual states based on their various energy consumption levels, each state being required to submit a plan or have the EPA force its own plan on them.

Despite the Harvard professor’s soothsaying, litigation against the agency is sure to materialize. Will the West Virginia v. EPA majority hold and view President Biden’s new plan to wreck the American automotive industry as another executive branch power grab that extends beyond Congress’s intentions? Will Chief Justice Roberts be flattered that federal legislators provided the “clear congressional authorization” he suggested, if indeed he determines that is what it is? Or might others among the six SCOTUS conservatives making up the West Virginia majority peel away?

If Congress really does want to de-industrialize the United States of America in the name of global warming, it seems reasonable to insist that it does so in language that cannot be interpreted otherwise. Whether the Supreme Court chooses to demand that standard will determine whether auto transport is soon taken out of financial reach for millions of Americans.

Tyler Durden
Wed, 03/27/2024 – 13:25

via ZeroHedge News https://ift.tt/CG7IHKu Tyler Durden