Individual Economists

Americans Worry Most Among Developed Nations About Food Security

Zero Hedge -

Americans Worry Most Among Developed Nations About Food Security

Concerning nations surveyed in Statista’s Consumer Insights, Americans were among those most worried about food and water security.

Indeed, as Statista's Katharina Buchholz reports, while for most European nations, worry about the topic peaked during the coronavirus pandemic and the beginning of the Russia-Ukraine war, concern has remained elevated in the United States into 2025.

 Americans Worry About Food Security | Statista

You will find more infographics at Statista

Food and water supplies were not considered a particular issue among developed countries for a long time. But the data illustrates how that is starting to change.

As many as 1 in 5 respondents in France said that food and water security was one of the biggest challenges their country faced in 2025.

The proportion was similarly high in the United Kingdom and Italy (23 percent), while it had fallen a little lower again in Spain (16 percent) and Germany (13 percent).

As wars (trade and kinetic) continue to disrupt international trade and affairs in recent years, the constant chatter about climate change shifting droughts and destructive fires more top of people's minds, and inflation (groceries becoming more expensive), more people are seeing how these and other issues can affect the security of their food and water supply even in richer countries.

In the United States, shifts in government benefit programs by the Trump administration might also add to peoples' feeling around food security.

Tyler Durden Sat, 12/06/2025 - 21:35

Out Of Sight: Following The Money Trail Of Missing Child Border Crossers

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Out Of Sight: Following The Money Trail Of Missing Child Border Crossers

Authored by James Varney via RealClearInvestigations,

On the campaign trail, Vice President JD Vance repeatedly chastised the Biden administration for allegedly losing track of some 320,000 minors who had crossed the border unaccompanied. “Our government, under the policies of Kamala Harris, has lost thousands of innocent children to sex trafficking, to drug trafficking, to human trafficking,” Vance said.

One year later, the fate of most of those children remains unknown. While the Trump administration has all but stopped the crush of migrants that occurred during Biden’s term, neither the government nor the nonprofits that were largely responsible for resettling this vulnerable population of unaccompanied minors have been able to tell RealClearInvestigations where they are living.

Experts say it’s likely that the overwhelming majority of unaccompanied minors remain off the grid because their parents, guardians, and caregivers do not want to draw the attention of immigration authorities. But they also acknowledge the likelihood that some of the migrant minors have been picked up by human traffickers and forced into exploitative labor and sexual roles – a criminal trend that’s on the rise in the U.S. 

This story has been forgotten as politicians and the media have turned their attention away from immigration after Trump virtually closed the southern border. But the recent shooting of two members of the National Guard in Washington, D.C., by an Afghan refugee who had collaborated with the U.S. special forces has brought the issue of a broken immigration system back to the forefront. 

Nearly half a million unaccompanied minors under the age of 18 were apprehended at the border between 2021 and 2024overwhelming the immigration system. Taxpayers spent more than $23 billion on a network of government agencies, construction companies, and nonprofits charged with finding them a safe place to live while sponsors were sought. 

Now the entities that took the money are unwilling to address the whereabouts of the minors. Nor are they forthcoming about how they spent – or misspent – the funding that was supposed to avoid the very problem the nation faces of missing migrant children.

“They don’t want to talk about it,” said Mark Krikorian, the executive director of the conservative Center for Immigration Studies. “Those groups are the very ones that were pressing to release the unaccompanied kids faster.” 

The Biden Migrant Surge

The problem of unaccompanied minors began when Joe Biden took office and embraced more lax policies at the border.  During Trump’s first term, an average of 43,707 minors annually crossed the border alone; the figure dropped to 15,381 when the pandemic emerged in 2020. In 2021, however, that figure skyrocketed to 122,731, according to Immigration and Customs Enforcement (ICE). In 2022, the number hit an all-time high of 128,904 before tapering off to 98,356 in 2024. These numbers represent the unaccompanied minors that were encountered by U.S. officials and do not include “gotaways,” so the actual total is significantly higher.

All told, the average annual number of unaccompanied children coming to the U.S. under Biden was nearly double the highest single prior year of 2019, ICE figures show. More than half of those who came each year since 2019 were 16 years old or younger, with nearly a quarter aged 12 or younger. 

This year, monthly data indicates the problem of newly arriving unaccompanied minors has virtually disappeared. In October, the average number of “children in care” was 2,244.

“Sealing the border had made a huge difference,” said Laura Lederer, a former senior advisor on trafficking in persons for the State Department. “Stopping illegal immigration is essentially a human trafficking prevention program.”

Rise in Human Trafficking

For undocumented minors already in the U.S., they are at risk of falling victim to predators who can take advantage of their separation from family and caregivers. Recent press accounts have described horror stories, with minors allegedly exploited from North Carolina to Los Angeles. Precise figures on victims of sexual trafficking or forced labor are impossible to find because the illegal operations are underground.

“For everyone we know about, there could be two, three, or even four times more,” said Lederer, a leading American researcher on human trafficking. 

The process of illegal immigration, which has been a cash cow for smuggling organizations, also claims victims. Minors may fall prey to groomers or recruiters and be forced to function as lookouts, guides, or spies, according to the Department of Defense’s Combating Trafficking in Persons unit.

Even federal agencies involved in finding minors are tight-lipped about their operations. In recent weeks, a Memphis Safe Task Force, led by the U.S. Marshals Service and including teams from ICE and Customs and Border Protection, has rescued 116 juveniles. How many of those were unaccompanied minor border crossers is unclear. The U.S. Marshals Service did not respond to questions.

Iowa Republican Sen. Charles Grassley has been following the issue for years. Federal whistleblowers at his hearings have described a haphazard system for caring for unaccompanied minors, in which information is not shared among federal agencies, contractors, and law enforcement. Last year, Office of Refugee Resettlement (ORR) whistleblowers said that contractors would release minors to sketchy, unverified partners, suspicious strip-mall businesses, and, in one Michigan case, in an open field.

Prompted by those reports, Grassley sent referrals to the FBI and Department of Homeland Security (DHS) regarding potentially criminal behavior by more than “100 suspicious sponsors” last year. But the Biden-Harris administration failed to fully respond to two-thirds of the subpoenas issued by law enforcement. In the last four years, there were more than 65,000 reports of possible illegal acts ignored or dismissed, of which roughly 7,300, or 13%, involved human trafficking, according to an Inspector General’s report.

The Trump administration claims it has processed some 28% of the backlog, leading to 36 investigations accepted for prosecution, seven indictments, 25 arrest warrants, 11 arrests, and three convictions.

Blaming the Problem on Paperwork

When Vance spoke about the exploitation of unaccompanied minors in the October 2024 vice-presidential debate, he took his 300,000 figure from a recent report from the DHS’s Inspector General. Within hours, left-wing groups and press outlets sprang to the Biden administration’s defense, downplaying the severity of the situation and insisting the huge number “lacked context.”

Some pro-immigration groups said it was merely “a missing paperwork problem,” according to the Acacia Center for Justice’s Unaccompanied Children Program. It was a “premature” conclusion that they were lost, said the American Immigration Council, while the Young Center for Immigrant Children’s Rights said they were not “effectively lost.”

RCI reached out to all three of those groups repeatedly, asking how they assessed the current situation with unaccompanied minors and whether it has improved under Trump. Only the Acacia Center responded, and then only to repeat its point about paperwork.

This figure stems from gaps in ICE paperwork, not actual disappearances,” the center’s Deputy Chief of Programs Michael Corradini said. “Many children were never issued Notices to Appear in immigration court, so their absence from court records does not mean they are missing.”

But Vance’s total was not inaccurate, according to the inspector general’s report. It found that, in addition to the 32,000 cases in which no address was given for where the minor went, there were another 43,000 cases where the minor failed to respond to a summons to immigration court, and 233,000 cases where neither addresses nor phone numbers received a response. In other words, more than 300,000.

The $23 Billion Network that Flopped

Since the DHS was created, most of the unaccompanied minors have been handled by the ORR. That agency, in turn, will release the minor to a sponsor, and it is at this point that the government often loses touch with the immigrant, several experts told RCI.

Neither ORR nor those agencies above it – the Administration for Children and Families and the Department of Health & Human Services – responded to multiple requests for comment.

Through ORR, taxpayers spent $23.1 billion on unaccompanied minor-related grants and contracts during Biden’s term, according to usaspending.gov. The office relies on a sprawling network to house the migrant minors and put them together with sponsors. Contracts and grants related to unaccompanied minors comprise the biggest chunk of the office’s spending each year, accounting for more than 91% in FY2021. 

Construction companies like Rapid Deployment Inc., of Mobile, Ala., were paid at least $3.5 billion, and nearly $200 million went to the defense contractor General Dynamics of Connecticut. Much of the funding went to nonprofits, religious charities, and non-governmental organizations that operate foster homes and release the minors to sponsors. Consulting companies, lawyers, and universities also benefited.

Despite the big outlays of money, it seems no group of officials kept tabs on the minors. 

Congress has identified some misspending in the program. North Carolina Republican Rep. Dan Bishop said last November that more than $100 million was obligated, and nearly $40 million spent, for an unaccompanied minor home in Greensboro, N.C., that never housed anyone.

At least one major vendor, Southwest Key Programs Inc. in Texas, has been sued for mistreatment of minors. As the largest housing provider for unaccompanied children, the group received at least $2 billion over just three years, from FY2021 to FY2023, according to government records. Last summer, the Justice Department sued Southwest Key, alleging that for years “multiple Southwest Key employees subjected unaccompanied children in their care to repeated and unwelcome sexual abuse, harassment, and misconduct and a hostile housing environment, including severe sexual abuse and rape.”

Federal tax returns for some of these nonprofits show that the ORR contracts and grants proved very lucrativeSouthwest Key, for example, went from reporting revenues of $417.8 million in 2020 to more than $900 million in 2023 and 2024. In those last two years, the Austin-based nonprofit’s CEO, Anselmo Villarreal, was paid more than $1.1 million, while dozens of top executives received annual pay packages ranging from $250,000 to $700,000. In those same two years, Southwest Key spent 76% of its nearly $1 billion in revenue on “salaries, other compensation and benefits,” according to tax returns collected by ProPublica.

Endeavors, a San Antonio-based nonprofit, was paid more than $2 billion, including a $1.3 billion contract in FY2022, and at least $720 million in the other three years of Biden’s term. According to an audit, the nonprofit had minuscule revenues from 2011 to 2020. In 2020, when the nonprofit reported $52.5 million in revenue, it had 10 executives making six figures, topped by CEO Jon Allman at $317,301. In 2023, those in the Endeavors’ C-suite fared even better, with CEO Charles H. Fulghum pulling down $638,472 and three other executives making between $390,000 and $493,000, tax records show.

Another San Antonio nonprofit, Compass Connections, grew exponentially through unaccompanied minor-related government deals worth nearly $700 million. Compass reported less than $300,000 in revenue for the years 2019 to 2021. Then Compass caught fire, reporting $192 million in revenue in 2023 and $434 million the following year. In 2023, its Chairman Kevin Dinnin received more than $1.3 million in compensation from Compass and related organizations, tax records show.

Southwest Key, Endeavors, and Compass didn’t respond to requests for comment on the services they provided. Other groups that received much smaller sums, such as the Vera Institute for Justice and the Los Angeles County Fair Association, also declined to reveal anything about how they helped the undocumented minors. 

This prodigious spending appears to have come to a halt in FY2025, which ended last month. In that year, the ORR spent $51.9 million.

Sen. Grassley has also been stonewalled by these same groups when he sought information on their services, according to his office. Concerned about possible waste and fraud, Grassley wrote to two dozen contractors twice in 2024, and while some did not respond at all, those that did “provided incomplete and obstructive responses.”

“It really is horrific, what’s been going on,” said Lederer, the former government advisor. “Unfortunately, we usually only learn about it when a child is rescued or is hurt badly. The people that facilitated all this have circled the wagons about what went very, very wrong.”

Tyler Durden Sat, 12/06/2025 - 21:00

Embarrassing: Canada Very Belatedly Removes Syria's Ruling HTS From Terror List

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Embarrassing: Canada Very Belatedly Removes Syria's Ruling HTS From Terror List

The fact that Syria's head of state got his start working for ISIS, and was a founding member of Syrian al-Qaeda, continues to produce embarrassing headlines. 

One full year after former president Bashar al-Assad was overthrown and fled to Moscow, Canada has very belatedly removed President Ahmed al-Sharaa's militia group Hay'at Tahrir al-Sham from its list of state sponsors of terrorism, according to a Friday statement from the country’s Foreign Ministry. As part of the new action, Syria has also been removed from its list of state sponsors of terrorism (a list the country had been on over many years of the Assad government).

The precursor to Jolani's Hay'at Tahrir al-Sham was the Syrian AQ group Al-Nusrah Front, via CBC

Sharaa, formerly known as Abu Mohammad al-Jolani, founded and for years headed up the terror group HTS in Idlib province. HTS is the group that took control of Damascus after the collapse of the Syrian army in December 2024.

"Following extensive review, the Government of Canada has removed Syria from Canada's List of Foreign State Supporters of Terrorism under the State Immunity Act, as well as removed Hay'at Tahrir al-Sham (HTS) from the List of Terrorist Entities under the Canadian Criminal Code," the ministry said.

The US was the first to act, having lifted a $10 million bounty on Sharaa within the months after he seized power, followed by a full US delisting.

The Canadian foreign ministry further said that the decision was "not taken lightly." It stated, "These measures are in line with recent decisions taken by our allies, including the United Kingdom and the United States, and follow the efforts by the Syrian transitional government to advance Syria's stability, build an inclusive and secure future for its citizens, and work alongside global partners to reinforce regional stability and counter terrorism."

So Canada seems to be admitting that HTS is indeed linked to al-Qaeda, and was properly designated in years past as a terror group, but that now it is merely going along with its allies the UK and US which removed the legal designation earlier.

The ministry still sought to stress that Canada "remains committed … to counter global security threats, such as those posed by Al-Qaeda" and ISIS (Daesh).

President Sharaa and his HTS fighters - many which now fill up top government positions - have lately been trying to make a show of 'counter ISIS missions'. However, it is Alawite, Christian, and Druze communities which have suffered repeat attacks by Sharaa's Islamist forces in recent months. 

Western countries have moved to normalize HTS, but nothing fundamentally has changed in their hardline Islamist ideology...

Various reports have also noted that in some cases HTS members sport ISIS patches, and do little to try and hide it. Still, mainstream outlets like CNN haven't covered this much, and have by and large 'moved on' from coverage of Syria, now with Assad out of the way - as the Western powers had long sought in fueling the proxy war for regime change.

Tyler Durden Sat, 12/06/2025 - 20:25

Zelensky 'Systematically Sabotaged' Ukraine Anti-Corruption Efforts, NYT Concludes 

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Zelensky 'Systematically Sabotaged' Ukraine Anti-Corruption Efforts, NYT Concludes 

Via The Cradle

Over the past four years, the Ukrainian government "systematically sabotaged" oversight of the country's state-owned companies and weapons procurement processes, "allowing graft to flourish," a freshly published New York Times investigation has revealed.

The investigation details how the government of Volodymyr Zelensky sidelined outside experts from the US and EU serving on advisory boards responsible for monitoring spending, appointing executives, and preventing corruption.

EPA/Shutterstock

"President Volodymyr Zelensky's administration has stacked boards with loyalists, left seats empty, or stalled them from being set up at all. Leaders in Kiev even rewrote company charters to limit oversight, keeping the government in control and allowing hundreds of millions of dollars to be spent without outsiders poking around," the NYT report says.

The investigation was published amid a corruption scandal centering on close associates of the Ukrainian president. Anti-corruption authorities have accused members of Zelensky's inner circle of embezzling $100 million from the state-owned nuclear power company, Energoatom.

"Mr. Zelensky's administration has blamed Energoatom's supervisory board for failing to stop the corruption. But it was Mr. Zelensky's government itself that neutered Energoatom's supervisory board," the NYT writes.

The investigation also found that Zelensky sidelined the supervisory boards of the state-owned electricity company Ukrenergo and Ukraine's Defense Procurement Agency.

European leaders have justified funneling billions of dollars in taxpayer funds to Ukraine despite knowledge of the systematic corruption and theft plaguing the country. "We do care about good governance, but we have to accept that risk," said Christian Syse, the special envoy to Ukraine from Norway.

"Because it's war. Because it's in our own interest to help Ukraine financially. Because Ukraine is defending Europe from Russian attacks," he added.

Zelensky's chief of staff, Andriy Yermak, resigned late last month amid the Energoatom corruption scandal and just hours after police raided his home. Ukrainska Pravda reported that he had left for Israel, of which he is a citizen, just hours before the raid.

Yermak is widely considered the second-most-powerful official in the country, with influence over domestic politics, military issues, and foreign policy, Axios noted.

Businessman Timur Mindich, who co-founded the entertainment company Kvartal 95 with Zelensky, allegedly led the embezzlement scheme. Mindich also escaped to Israel, where he enjoys citizenship, hours before a separate raid on his luxury apartment by police from the National Anti-Corruption Bureau of Ukraine (NABU).

"Timur had an apartment with golden toilets that was in the same building as Zelensky's," a former Ukrainian government official told Fox News.

Tyler Durden Sat, 12/06/2025 - 19:50

Where Are America's Dry Counties?

Zero Hedge -

Where Are America's Dry Counties?

While the U.S. ended federal Prohibition in 1933, local restrictions on alcohol still persist across the country to this day.

As Visual Capitalist shows in the map belowbased on work by Wikipedia user Mr. Matté, many counties remain “dry,” banning the sale of alcohol entirely, or “moist,” allowing only limited sales.

Where Alcohol is Still Restricted

The data, crowdsourced from local government sites and media reports, reveals that alcohol restrictions are concentrated in the South, particularly in states like Arkansas, Kentucky, Mississippi, and Tennessee.

Arkansas stands out the most in the map above, with a patchwork of red and orange counties indicating either total bans or partial restrictions on alcohol sales. In fact, the state has long struggled with outdated liquor laws, where even grocery stores in “moist” counties may be prohibited from selling wine or spirits.

Alcohol Status: It’s Complicated

Here’s what the terminology means:

  • Dry county: No alcohol sales allowed by law

  • Moist county: Alcohol sales are partially restricted (e.g. allowed in restaurants but not in stores)

  • Wet county: Alcohol can be sold without county-level restriction

Even within “wet” counties, individual towns may choose to remain dry, and in “dry” counties, specific towns or establishments can apply for exemptions, creating a legal maze for consumers and businesses alike.

Declining Dryness Over Time

According to the National Alcohol Beverage Control Association, the number of dry counties has dropped significantly since the mid-20th century. In Texas, for example, only three dry counties remain.

Nonetheless, the persistence of these regulations reflects longstanding cultural attitudes and the influence of local referenda. While national consumption of spirits is rising, especially in certain states, the map shows that alcohol availability is still very much a local matter.

If you enjoyed today’s post, check out Americans are spending less on spirits…besides tequila on Voronoi, the new app from Visual Capitalist.

Tyler Durden Sat, 12/06/2025 - 19:15

21 States Are At Risk Of Losing SNAP Funding Amid Fraud Investigation

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21 States Are At Risk Of Losing SNAP Funding Amid Fraud Investigation

Authored by Savannah Hulsey Pointer via The Epoch Times,

The federal government said it would withhold Supplemental Nutrition Aid Program (SNAP) funds for states that do not report user data. 

The news came from the United States Department of Agriculture (USDA) Secretary Brooke Rollins earlier this week, following months of requests and investigations into instances of fraud within the program. 

Here’s what to know about the change to the nutrition program.

The Announcement 

Rollins made the announcement on Dec. 2 during a White House cabinet meeting, saying that states that have not complied with the federal request have only a few days to fix the issue.

The USDA secretary said the administration “has begun and will begin to stop moving federal funds into those states” next week ”until they comply.“

According to Rollins, 29 Republican-leaning states have already provided SNAP data to her department. However, 21 ”blue states continue to say no” to the federal request. 

The federal response to the lack of cooperation comes months after an early May request by the administering department, calling on states to hand over data detailing how and to whom the taxpayer funds are distributed.

The USDA noted that the intent behind the request was to ensure that no fraud or abuse existed in the program, frequently referenced as food stamps. 

“President Trump is rightfully requiring the federal government to have access to all programs it funds,” said Rollins, “and SNAP is no exception. For years, this program has been on autopilot, with no USDA insight into real-time data. The Department is focused on appropriate and lawful participation in SNAP, and today’s request is one of many steps to ensure SNAP is preserved for only those eligible.”

Of the 28 states that have sent the data, all except for North Carolina have Republican governors.

Billions at Stake 

SNAP costs federal taxpayers around $100 billion per year, $94 billion of which goes to actual food benefits, and the rest is spent on administrative costs.

Administrative costs are currently shared by federal and state governments, with states covering roughly half of SNAP’s administrative expenses. That share is set to shrink soon, as the federal government plans to reduce the state contribution to 25 percent.

How much each state receives varies, as does the portion of the fund that goes to administrative costs. The state of California alone received more than $1.2 billion for SNAP administration fees, which was around 10 percent of it’s total SNAP funding allocation. 

Florida received $84 million for administration alone, which was just over 1 percent of it’s total SNAP funding. However, Wyoming received less than $9 million for administration fees, which was 12 percent of its SNAP dollars received. 

This means that in addition to the loss of nutrition support funding, billions that go to state administration fees will be lost for those states that refuse transparency requests from the Trump administration. 

The administration will likely face legal hiccups, as the attorneys general from 21 states have already been the subject of a lawsuit over concerns that the states allegedly illegally blocked the authorized food aid to certain legal immigrants.

Current Fraud 

Since the beginning of the USDA information gathering in May, there have been more than 120 individuals arrested for food stamp fraud, according to the agency’s report last month.

The USDA worked with the Office of the Inspector General, which has resulted in 63 convictions and fines and fees exceeding $16.5 million.

This is due to data from 29 states alone, which found that more than 180,000 deceased individuals were receiving food stamps, and another 500,000 people were getting twice as much as they should have been.

“We believe there’s even more fraud and abuse,” Rollins said following news of the fraud discovery.

She later added that “we have to make sure for those who really need this benefit that we are able to make sure that it’s going to the right people,” and promised “structural changes” to the program. 

The audit has led to the removal of 700,000 individuals from the SNAP program already.

According to research from the Mercatus Center at George Mason University, overpayment rates climbed from 2 percent in 2012 to more than 10 percent in 2023.

“The levels of waste, fraud, and abuse in federal programs have never been higher,” the report reads. “Although these types of avoidable inefficiencies have always been too high, they have recently surged with the unusual degree of federal spending brought on by the global pandemic.”

That upward trend appears to have continued, as a June 2024 report from the USDA found that almost 12 percent, or around $10.5 billion, of SNAP payments were found to be improper.

During a recent interview with Fox News, Rollins mentioned one individual who was found to be receiving benefits in six different states. 

“It is time to drastically reform this program, so that we can make sure those who are truly needy, truly vulnerable, are getting what they need, and the rest of the corruption goes away, and we can serve the American taxpayer,” she said.

What SNAP Does

On average,  SNAP recipients receive around $177 a month in benefits that are delivered on an electronic card. About 42 million Americans spend that money on food items in participating stores.

President Donald Trump’s One Big Beautiful Bill Act, signed this summer,  imposed new requirements for SNAP eligibility, including removing the eligibility for certain groups of immigrants.

In November, Rollins announced that app recipients of the program would need to meet reapplication requirements in efforts to “clean up” the food assistance program.

SNAP’s purpose is to raise the nutritional intake of low-income individuals by increasing their ability to purchase healthy food. Participants in the SNAP program have been found to have improved health outcomes, including reduced food insecurity and lower risk of heart disease and obesity.

“We really want to make sure those who are receiving this supplemental nutrition benefit—it was never meant for the long term—are really those who need it,” Rollins said in a recent interview.

“Whatever that reapplication looks like again, we’re working on that right now, but it won’t be too onerous. And for the families that really need it, we'll make sure that they’re going to get it.”

Tyler Durden Sat, 12/06/2025 - 17:30

Newsom Pleads With Dems To Be More "Culturally Normal"

Zero Hedge -

Newsom Pleads With Dems To Be More "Culturally Normal"

Authored by Steve Watson via Modernity.news,

California Governor Gavin Newsom is dishing out advice to his fellow Democrats: pretend to be normal while he plots a White House run.

Newsom, who’s been eyeing a 2028 presidential bid after loser Kamala Harris’ electoral wipeout, took to the stage at The New York Times DealBook Summit in New York City, urging his party to ditch the judgmental elitism that’s alienated everyday Americans.

“I think there’s a broader narrative that [Democrats] ought to address, that is, we have to be more culturally normal,” Newsom said, adding “We have to be a little less judgmental.”

He went on to stress the need for Democrats to grasp “the importance and power of the border, substantively and politically,” acknowledging how open borders and lax enforcement have fueled voter backlash.

In the same breath, Newsom unleashed on Fox News, comparing it to Soviet-era propaganda, saying “You got Pravda, the primetime lineup at Fox, just going on and on [in defense of Trump].”

He then slammed Trump as a “man-child,” declaring that the the President “called someone the ‘R word’ or piggy, and somehow it’s just ‘Trump being Trump.’ Nothing normal about this… It’s unbecoming to the president of the United States.”

Newsom then explained his own Trump-mimicking social media account antics were “approved” by him to “wake everybody up” to the “normalization of deviancy.” He accused Fox of criticizing his posts but never uttering a “damn word” about Trump’s rants.

The comments come as Newsom warns that Trump is “trying to wreck this country,” a claim that rings hollow given California’s ongoing crises under his watch, from rampant homelessness and crime to devastating wildfires that have scorched communities like the Pacific Palisades.

A Berkeley poll earlier this year found 54% of registered voters believe Newsom prioritizes his presidential ambitions over fixing the state’s problems, with only 26% saying he’s focused on governance.

X users mocked Newsom’s call for Democrats to feign “normalcy,” highlighting the irony of a governor whose policies have driven businesses and residents out of California in droves.

This isn’t the first time Newsom’s slimy posturing has drawn fire. Florida Rep. Anna Paulina Luna recently blasted the governor for his online antics during an appearance on the PBD Podcast.

Host Patrick Bet-David noted, “You’re either a great troll or you’re trying to be. Like Newsom is dying to be Trump, but he’s not. Newsom is trying to be Trump. Newsom’s not Trump, right? Nowhere near him. But everything he does, he’s trying to be — the Trump of the left.”

Luna recounted a joke she made on a Comedy Central show: “I was on a show recently. I think it was on Comedy Central, it was like an evening talk show. And they’re talking about the ‘No Kings’ protests and I made a joke and I was like, ‘Well if you’re talking about Gavin Newsom it would be the ‘No Queens’ protest.’”

When asked if it was homophobic, she replied, “No he [Newsom] just has feminine tendencies, and it’s totally true. I don’t know, like — he bitches on the internet all the time. It’s like what are you doing, Gavin? You know, you have fires in the Palisades — what’s going on?”

Bet-David agreed, calling Newsom’s vibe “metro.”

Adding fuel to the fire, actress Halle Berry stunned the DealBook crowd earlier that day by slamming Newsom for vetoing a menopause care bill twice, questioning his fitness for higher office.

“Back in my great state of California, my very own governor, Gavin Newsom, has vetoed our menopause bill, not one, but 2 years in a row! But that’s OK, because he’s not GOING to be governor forever!” Berry urged.

She continued, “With the way he’s overlooked women, half the population, by devaluing us in midlife, he probably should not be our next president either! Just saying!”

Berry rallied the audience, stressing “I need every woman in this country to fight with me. But the truth is, the fight isn’t just for us women. We need men too. We need all of the leaders, every single one of you in this room. This fight needs you.”

The Menopause Care Equity Act aimed to boost research and education on women’s health, but Newsom vetoed it citing potential cost hikes for working women. Berry’s raw callout drew gasps, underscoring how even Hollywood elites are turning on him amid whispers of his 2028 aspirations.

Newsom’s “normalcy” sermon exposes the Democrats’ desperation after years of pushing radical agendas on gender ideology, unchecked immigration, and climate hysteria that have alienated the heartland. 

If this is their comeback strategy—masking extremism while California burns—good luck selling that to voters who’ve had enough of the chaos. Trump’s policies are winning because they’re grounded in reality, not performative tweaks.

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

Tyler Durden Sat, 12/06/2025 - 16:20

Ken Griffin Dumps Last Penthouse In Crime-Ridden Chicago

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Ken Griffin Dumps Last Penthouse In Crime-Ridden Chicago

Hedge fund manager Ken Griffin is on the verge of dumping his final piece of real estate in crime-ridden, far-left–controlled Chicago, and he hasn't looked back since moving Citadel's global headquarters to Miami.

Bloomberg reports that Griffin's penthouse at 800 N. Michigan Avenue, located in Park Tower, one of the premier luxury residential buildings along Chicago's Magnificent Mile, is under contract for $12.5 million. The price reflects a $3.25 million cut from July, yet remains well above the $6.9 million he paid during the Dot-Com bubble.

The sale of the penthouse marks the end of Griffin's holdings in a city plagued by crime, failed progressive policies, high taxes, and a political environment unfriendly to thriving businesses.

BBG added more color:

At another building, Griffin sold two condos to his longtime political rival, Illinois Governor JB Pritzker, who bought them for a combined $19 million in late 2024. Griffin has a net worth of more than $48 billion, according to the Bloomberg Billionaires Index.

Citadel maintains a downsized office in Chicago after moving from its namesake tower at 131 S. Dearborn that once served as the firm's headquarters.

"We've gone from probably 1,300 people in Chicago to a few hundred. From being the primary tenant of one of the largest skyscrapers to I think we'll be down to 2 floors in a year," Griffin recently said.

In 2021, Griffin compared Chicago to Afghanistan "on a good day."

Meanwhile, Citadel is thriving in South Florida and is set to build a $2.5 billion tower for its Miami headquarters.

Tyler Durden Sat, 12/06/2025 - 15:45

Texas Law Allowing Ivermectin To Be Sold Over The Counter Goes Into Effect

Zero Hedge -

Texas Law Allowing Ivermectin To Be Sold Over The Counter Goes Into Effect

Authored by Darlene McCormick Sanchez via The Epoch Times,

A Texas law allowing ivermectin to be sold over the counter went into effect Dec. 4, but rollout appears slow as pharmacies wrestle with how to proceed.

House Bill 25, signed into law by Gov. Greg Abbott in August, allows pharmacies to sell the antiviral drug without a prescription.

Ivermectin gained popularity for off-label use during the COVID-19 pandemic, which influenced support and criticism of the measure. The drug was discovered in the 1970s and developed to treat parasites in humans and animals, and has been studied for its cancer-fighting properties.

Medical freedom advocates supported the bill, but others, such as the Texas Medical Association, worried about health risks to patients.

“Removing clinical involvement is a risk to patient safety,” the group said on its website.

The law indicates a pharmacy may dispense the drug “in accordance with any written standardized procedures or protocols issued by the Texas State Board of Pharmacy, including, if required, providing the person with instructions on the proper use of ivermectin.”

Tyler RX Pharmacy indicated it would eventually dispense ivermectin without a prescription, but said the protocols for doing so haven’t been finalized yet.

“The law states to follow the state Board of Pharmacy guidelines, but there are no guidelines in place yet,” the store’s pharmacist, Katelin Nuon, told The Epoch Times.

At Cody Pharmacy in Sulfur Springs, Texas, the store manager said they didn’t have ivermectin available yet because the law just went into effect, but advised checking back next week.

However, Republican state Sen. Bob Hall, who sponsored a companion bill in the Texas Senate, told The Epoch Times that pharmacies could sell ivermectin even if the pharmacy guidelines were not in place.

“There is nothing in the bill that requires the pharmacy board to do anything,” he said. “We’re checking with the pharmacy board to see if there is something buried in their rules that preempts this changeover.”

The Texas State Board of Pharmacy did not immediately respond to The Epoch Times’ request for comment.

Hall said he has received calls from constituents complaining that their local pharmacies claim they can’t sell ivermectin.

Despite this, Hall believes that independent pharmacies will take the lead in offering the drug to the public. He noted that some outlets have told him they intend to mail it to consumers if needed.

Hall said he has not received information that large retail pharmacies intend to sell the drug over the counter.

Texas is one of five states to legalize the sale of the drug without a prescription. The others are Arkansas, Idaho, Louisiana, and Tennessee.

Tyler Durden Sat, 12/06/2025 - 15:10

Peter Schiff: Printing Money Is Not the Cure for Cononavirus

Financial Armageddon -


Peter Schiff: Printing Money Is Not the Cure for Cononavirus



In his most recent podcast, Peter Schiff talked about coronavirus and the impact that it is having on the markets. Earlier this month, Peter said he thought the virus was just an excuse for stock market woes. At the time he believed the market was poised to fall anyway. But as it turns out, coronavirus has actually helped the US stock market because it has led central banks to pump even more liquidity into the world financial system. All this means more liquidity — central banks easing. In fact, that is exactly what has already happened, except the new easing is taking place, for now, outside the United States, particularly in China.” Although the new money is primarily being created in China, it is flowing into dollars — the dollar index is up — and into US stocks. Last week, US stock markets once again made all-time record highs. In fact, I think but for the coronavirus, the US stock market would still be selling off. But because of the central bank stimulus that has been the result of fears over the coronavirus, that actually benefitted not only the US dollar, but the US stock market.” In the midst of all this, Peter raises a really good question. The primary economic concern is that coronavirus will slow down output and ultimately stunt economic growth. Practically speaking, the world would produce less stuff. If the virus continues to spread, there would be fewer goods and services produced in a market that is hunkered down. Why would the Federal Reserve respond, or why would any central bank respond to that by printing money? How does printing more money solve that problem? It doesn’t. In fact, it actually exacerbates it. But you know, everybody looks at central bankers as if they’ve got the solution to every problem. They don’t. They don’t have the magic wand. They just have a printing press. And all that creates is inflation.” Sometimes the illusion inflation creates can look like a magic wand. Printing money can paper over problems. But none of this is going to fundamentally fix the economy. In fact, if central bankers were really going to do the right thing, the appropriate response would be to drain liquidity from the markets, not supply even more.” Peter explained how the Fed was originally intended to create an “elastic” money supply that would expand or contract along with economic output. Today, the money supply only goes in one direction — that’s up. The economy is strong, print money. The economy is weak, print even more money.” Of course, the asset that’s doing the best right now is gold. The yellow metal pushed above $1,600 yesterday. Gold is up 5.5% on the year in dollar terms and has set record highs in other currencies. Because gold is rising even in an environment where the dollar is strengthening against other fiat currencies, that shows you that there is an underlying weakness in the dollar that is right now not being reflected in the Forex markets, but is being reflected in the gold markets. Because after all, why are people buying gold more aggressively than they’re buying dollars or more aggressively than they’re buying US Treasuries? Because they know that things are not as good for the dollar or the US economy as everybody likes to believe. So, more people are seeking out refuge in a better safe-haven and that is gold.” Peter also talked about the debate between Trump and Obama over who gets credit for the booming economy – which of course, is not booming.






Dump the Dollar before Bank Runs start in America -- Economic Collapse 2020

Financial Armageddon -












We are living in crazy times. I have a hard time believing that most of the general public is not awake, but in reality, they are. We've never seen anything like this; I mean not even under Obama during the worst part of the Great Recession." Now the Fed is desperately trying to keep interest rates from rising. The problem is that it's a much bigger debt bubble this time around , and the Fed is going to have to blow a lot more air into it to keep it inflated. The difference is this time it's not going to work." It looks like the Fed did another $104.15 billion of Not Q.E. in a single day. The Fed claims it's only temporary. But that is precisely what Bernanke claimed when the Fed started QE1. Milton Freedman once said, "Nothing is so permanent as a temporary government program." The same applies to Q.E., or whatever the Fed wants to pretend it's doing. Except this is not QE4, according to Powell. Right. Pumping so much money out, and they are accusing China of currency manipulation ? Wow! Seriously! Amazing! Dump the U.S. dollar while you still have a chance. Welcome to The Atlantis Report. And it is even worse than that, In addition to the $104.15 billion of "Not Q.E." this past Thursday; the FED added another $56.65 billion in liquidity to financial markets the next day on Friday. That's $160.8 billion in two days!!!! in just 48 hours. That is more than 2 TIMES the highest amount the FED has ever injected on a monthly basis under a Q.E. program (which was $80 billion per month) Since this isn't QE....it will be really scary on what they are going to call Q.E. Will it twice, three times, four times, five times what this injection per month ! It is going to be explosive since it takes about 60 to 90 days for prices to react to this, January should see significant inflation as prices soak up the excess liquidity. The question is, where will the inflation occur first . The spike in the repo rate might have a technical explanation: a misjudgment was made in the Fed's money market operations. Even so, two conclusions can be drawn: managing the money markets is becoming harder, and from now on, banks will be studying each other's creditworthiness to a greater degree than before. Those people, who struggle with the minutiae of money markets, and that includes most professionals, should focus on the causes and not the symptoms. Financial markets have recovered from each downturn since 1980 because interest rates have been cut to new lows. Post-2008, they were cut to near zero or below zero in all major economies. In response to a new financial crisis, they cannot go any lower. Central banks will look for new ways to replicate or broaden Q.E. (At some point, governments will simply see repression as an easier option). Then there is the problem of 'risk-free' assets becoming risky assets. Financial markets assume that the probability of major governments such as the U.S. or U.K. defaulting is zero. These governments are entering the next downturn with debt roughly twice the levels proportionate to GDP that was seen in 2008. The belief that the policy worked was completely predicated on the fact that it was temporary and that it was reversible, that the Fed was going to be able to normalize interest rates and shrink its balance sheet back down to pre-crisis levels. Well, when the balance sheet is five-trillion, six-trillion, seven-trillion when we're back at zero, when we're back in a recession, nobody is going to believe it is temporary. Nobody is going to believe that the Fed has this under control, that they can reverse this policy. And the dollar is going to crash. And when the dollar crashes, it's going to take the bond market with it, and we're going to have stagflation. We're going to have a deep recession with rising interest rates, and this whole thing is going to come imploding down. everything is temporary with the fed including remaining off the gold standard temporary in the Fed's eyes could mean at least 50 years This liquidity problem is a signal that trading desks are loaded up on inventory and can't get rid of it. Repo is done out of a need for cash. If you own all of your securities (i.e., a long-only, no leverage mutual fund) you have no need to "repo" your securities - you're earning interest every night so why would you want to 'repo' your securities where you are paying interest for that overnight loan (securities lending is another animal). So, it is those that 'lever-up' and need the cash for settlement purposes on securities they've bought with borrowed money that needs to utilize the repo desk. With this in mind, as we continue to see this need to obtain cash (again, needed to settle other securities purchases), it shows these firms don't have the capital to add more inventory to, what appears to be, a bloated inventory. Now comes the fun part: the Treasury is about to auction 3's, 10's, and 30-year bonds. If I am correct (again, I could be wrong), the Fed realizes securities firms don't have the shelf space to take down a good portion of these auctions. If there isn't enough retail/institutional demand, it will lead to not only a crappy sale but major concerns to the street that there is now no backstop, at all, to any sell-off. At which point, everyone will want to be the first one through the door and sell immediately, but to whom? If there isn't enough liquidity in the repo market to finance their positions, the firms would be unable to increase their inventory. We all saw repo shut down on the 2008 crisis. Wall St runs on money. . OVERNIGHT money. They lever up to inventory securities for trading. If they can't get overnight money, they can't purchase securities. And if they can't unload what they have, it means the buy-side isn't taking on more either. Accounts settle overnight. This includes things like payrolls and bill pay settlements. If a bank doesn't have enough cash to payout what its customers need to pay out, it borrows. At least one and probably more than one banks are insolvent. That's what's going on. First, it can't be one or two banks that are short. They'd simply call around until they found someone to lend. But they did that, and even at markedly elevated rates, still, NO ONE would lend them the money. That tells me that it's not a problem of a couple of borrowers, it's a problem of no lenders. And that means that there's no bank in the world left with any real liquidity. They are ALL maxed out. But as bad as that is, and that alone could be catastrophic, what it really signals is even worse. The lending rates are just the flip side of the coin of the value of the assets lent against. If the rates go up, the value goes down. And with rates spiking to 10%, how far does the value fall? Enormously! And if banks had to actually mark down the value of the assets to reflect 10% interest rates, then my god, every bank in the world is insolvent overnight. Everyone's capital ratios are in the toilet, and they'd have to liquidate. We're talking about the simultaneous insolvency of every bank on the planet. Bank runs. No money in ATMs, Branches closed. Safe deposit boxes confiscated. The whole nine yards, It's actually here. The scenario has tended to guide toward for years and years is actually happening RIGHT NOW! And people are still trying to say it's under control. Every bank in the world is currently insolvent. The only thing keeping it going is printing billions of dollars every day. Financial Armageddon isn't some far off future risk. It's here. Prepare accordingly. This fiat system has reached the end of the line, and it's not correct that fiat currencies fail by design. The problem is corruption and manipulation. It is corruption and cheating that erodes trust and faith until the entire system becomes a gigantic fraud. Banks and governments everywhere ARE the problem and simply have to be removed. They have lost all trust and respect, and all they have left is war and mayhem. As long as we continue to have a majority of braindead asleep imbeciles following orders from these psychopaths, nothing will change. Fiat currency is not just thievery. Fiat currency is SLAVERY. Ultimately the most harmful effect of using debt of undefined value as money (i.e., fiat currencies) is the de facto legalization of a caste system based on voluntary slavery. The bankers have a charter, or the legal *right*, to create money out of nothing. You, you don't. Therefore you and the bankers do not have the same standing before the law. The law of the land says that you will go to jail if you do the same thing (creating money out of thin air) that the banker does in full legality. You and the banker are not equal before the law. ALL the countries of the world; Islamic or secular, Jewish or Arab, democracy or dictatorship; all of them place the bankers ABOVE you. And all of you accept that only whining about fiat money going down in exchange value over time (price inflation which is not the same as monetary inflation). Actually, price inflation itself is mainly due to the greed and stupidity of the bankers who could keep fiat money's exchange value reasonably stable, only if they wanted to. Witness the crash of silver and gold prices which the bankers of the world; Russian, American, Chinese, Jewish, Indian, Arab, all of them collaborated to engineer through the suppression and stagnation of precious metals' prices to levels around the metals' production costs, or what it costs to dig gold and silver out of the ground. The bankers of the world could also collaborate to keep nominal prices steady (as they do in the case of the suppression of precious metals prices). After all, the ability to create fiat money and force its usage is a far more excellent source of power and wealth than that which is afforded simply by stealing it through inflation. The bankers' greed and stupidity blind them to this fact. They want it all, and they want it now. In conclusion, The bankers can create money out of nothing and buy your goods and services with this worthless fiat money, effectively for free. You, you can't. You, you have to lead miserable existences for the most of you and WORK in order to obtain that effectively nonexistent, worthless credit money (whose purchasing/exchange value is not even DEFINED thus rendering all contracts based on the null and void!) that the banker effortlessly creates out of thin air with a few strokes of the computer keyboard, and which he doesn't even bother to print on paper anymore, electing to keep it in its pure quantum uncertain form instead, as electrons whizzing about inside computer chips which will become mute and turn silent refusing to tell you how many fiat dollars or euros there are in which account, in the absence of electricity. No electricity, no fiat, nor crypto money. It would appear that trust is deteriorating as it did when Lehman blew up . Something really big happened that set off this chain reaction in the repo markets. Whatever that something is, we aren't be informed. They're trying to cover it up, paper it over with conjured cash injections, play it cool in front of the cameras while sweating profusely under the 5 thousands dollar suits. I'm guessing that the final high-speed plunge into global economic collapse has begun. All we see here is the ripples and whitewater churning the surface, but beneath the surface, there is an enormous beast thrashing desperately in its death throws. Now is probably the time to start tying up loose ends with the long-running prep projects, just saying. In other words, prepare accordingly, and Get your money out of the banks. I don't care if you don't believe me about Bitcoin. Get your money out of the banks. Don't keep any more money in a bank than you need to pay your bills and can afford to lose.











The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more













The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Hillary Clinton's Top Secret Files Revealed Here

Financial Armageddon -

The FBI released a summary of its file from the Hillary Clinton email investigation on Friday, showing details of Clinton's explanation of her use of a private email server to handle classified communications. The release comes nearly two months after FBI Director James Comey announced that although Clinton's handling of classified information was "extremely careless," it did not rise to the level of a prosecutable offense. Attorney General Loretta Lynch announced the next day that she would not pursue charges in the matter. "We are making these materials available to the public in the interest of transparency and in response to numerous Freedom of Information Act (FOIA) requests," the FBI noted in a statement sent to reporters with links to the documents. The documents include notes from Clinton's July 2 interview with agents, as well as a "factual summary of the FBI's investigation into this matter," according to the FBI release. Throughout her interview with agents, Clinton repeatedly said she relied on the career professionals she worked with to handle classified information correctly. The agents asked about a series of specific emails, and in each case Clinton said she wasn't worried about the particular material being discussed on a nonclassified channel.





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