Trump Endorses Graham's Sister For Full Term, Shattering Expectations Of Short Stay

Following the sudden July 11 death of Senator Lindsey Graham, South Carolina Gov. Henry McMaster triggered eye-rolling across America when he appointed Graham's sister Darline Nordone to take over the seat. At the time, the appointment of the unqualified sibling was widely understood as a mere interim honor, with Nordone serving as a placeholder pending the outcome of a special primary election to choose a Republican candidate for November's previously-scheduled election for the seat. Now, President Trump has asked Nordone to run in that primary race and pursue the full 6-year term that will start in January. 

"During her visit, I asked Darline, for the Good of our Nation, to run for the U.S. Senate in the Special Republican Primary on Tuesday, August 11, 2026," Trump wrote on Truth Social. "I hope Darline does this, in that there would be nobody better to honor the legacy of her beloved brother, Lindsey. Darline...comes from an absolutely incredible family [and] has been a WINNER all of her life...RUN, DARLINE, RUN!" 

While Nordone herself hasn't announced that intention, there are reports that she's "considering" it, and it's highly unlikely Trump would have bothered with a lengthy public endorsement unless Nordone was on the verge of jumping in the abbreviated primary race that already has less than a month left in it.  

At the press conference announcing her interim appointment, Nordone's language reinforced universal expectations of a short stay in the Senate:

“It is such a privilege to get to finish some of [my brother's] important work, and I promise to work hard over the next several months to support the president and carry forward the efforts of my brother on behalf of the citizens of South Carolina and the United States.”

Nordone has never held an elected office. She's a commissioner on the South Carolina Commission for the Blind, and previously held a communications role in the South Carolina Vocational Rehabilitation Department. Trump said he personally pitched Nordone on going after the seat on a permanent basis when she visited him in the Oval Office on Thursday. 

So far, three people have officially announced they're running for the seat: businessman Mark Lynch, who was trounced by Graham in the June GOP primary; Ralph Norman, a 73-year-old US House member; and Duke Buckner, a lawyer who has previously run for the state's heavily-Democratic 6th Congressional District seat. Shortly after Graham died, Norman asked Trump for an endorsement. The president was said to have replied, "Give me a week." In the meantime, Norman has been endorsed by Florida Sen. Rick Scott and Utah Sen. Mike Lee. 

Following Lord Lindsey’s passing, Darline, Duchess of Charleston, ascended the High Chamber: crowned Baroness of the Palmetto Seat. Her brother's fiefdom and noble lineage are preserved. Long live the House of Graham and DEI! Aristocrats celebrate in Alexandria and Tel-Aviv. https://t.co/y5JGzSwz5v

— Glenn Greenwald (@ggreenwald) July 14, 2026

The candidate list had been expected to grow, but Trump's preemptive endorsement of Nordone could have a chilling effect. Rep. Nancy Mace, who's poised to hand over her House seat in January -- having foregone reelection for a failed bid for governor -- teased at a run on social media within hours of Graham's death. On Friday, Axios reported she's still actively considering it. Rep. Russell Fry and Lt. Gov. Pamela Evette are among others whose names have circulated. An Emerson College poll found that a Trump endorsement would likely sway 41% of South Carolina GOP voters, but an equal percent claimed it wouldn't have an effect. If no candidate scores not just a plurality but a majority of the votes on Aug. 11, the top two vote-getters will advance to a runoff election on Aug. 25. 

Graham was a chief champion of the West's proxy war against Russia in Ukraine, and a zealous collaborator with Israel in promoting American warfare against Iran. To the extent that Nordone would attempt to pick up those torches and run with them, she's sure to garner the backing of the military-industrial complex and the pro-Israel lobby. That said, it's far from clear how effective she would be, given her utter lack of experience in Washington politics.

Tyler Durden Sun, 07/19/2026 - 16:55

Judge Dismisses DOJ's New Mexico Voter Data Request

Authored by Kimberly Hayek via The Epoch Times,

A federal judge on July 14 rejected the Justice Department's attempt to obtain the private personal data of every registered voter in New Mexico, adding to the overall number of cases the DOJ has lost in which it has sought similar information.

The U.S. Department of Justice in Washington on Aug. 7, 2025. Madalina Kilroy/The Epoch Times

U.S. District Judge Judith C. Herrera dismissed the latest voter roll lawsuit, ruling that the department's demand letter lacked facts, proof of a pattern of violations, and explanations of necessity.

The court found that "the DOJ's Demand Letter fails because it altogether lacks an identifiable 'basis.' Nowhere does the DOJ articulate any factual suggestion that New Mexico has violated the NVRA [National Voter Registration Act] or HAVA [Help America Vote Act], indicate the State has a pattern or practice of noncompliance with the same, nor does it explain how the unredacted PII is necessary to evaluate compliance with the NVRA and HAVA."

The DOJ did not immediately return a request for comment.

New Mexico Secretary of State Maggie Toulouse Oliver approved of the court's decision.

"I am pleased with the court's decision to dismiss this case. Federal and state legal guardrails on social security numbers and dates of birth exist for the identity protection of every voter in our state," she said.

She doubled down on the security practices deployed under her leadership.

"I absolutely will not risk any disclosure of voters' private data, as it could carry very real and severe consequences for the personal lives of New Mexicans participating in our democratic process," she said.

The Justice Department has now been barred in 14 similar cases nationwide, failing to obtain unredacted voter files via these lawsuits from states that declined its requests, according to Oliver.

A federal judge on June 29 threw out the Justice Department's lawsuit against New Hampshire. The state refused to disclose its unredacted statewide voter registration lists.

In a 26-page ruling, U.S. District Judge Joseph Laplante stated that those state-generated voter records fall outside those documents the federal government can demand under Title III of the Civil Rights Act of 1960.

In April, judges dismissed similar cases in Arizona and Massachusetts. In February, a judge rejected a DOJ request for similar information in Michigan.

In January, a federal judge in Oregon ruled along similar lines. U.S. District Judge Mustafa Kasubhai dismissed the Justice Department's suit requesting Oregon's list of registered voters. During a videoconference hearing, he granted the defendants' motion to dismiss the case.

The department alleged that Oregon's refusal violated the Help America Vote Act of 2002 and the Civil Rights Act of 1960.

The Justice Department filed lawsuits against six states in December 2025.

Aldgra Fredley contributed to this report.

Tyler Durden Sun, 07/19/2026 - 15:10

Mamdani's New York: West Side Homeless Camp Stretching 12 Blocks Now Allegedly Stealing City Power

You've likely seen it if you've the nearby Hell's Kitchen entrance to the Lincoln Tunnel...

What began as a growing homeless encampment on Manhattan's West Side has now escalated to alleged utility theft, according to the NY Post.

According to reports, one resident of the sprawling encampment was seen Tuesday tapping into city electrical lines to power a makeshift shelter near West 34th Street between 11th and 12th Avenue. The camp now stretches roughly a dozen blocks, from 34th Street to 46th Street near the Intrepid Museum, and has become an increasingly visible flashpoint for residents, commuters, and tourists.

The NY Post writes that bus drivers and local workers say the encampment has continued to expand over the past several weeks, with tents multiplying and sidewalks becoming increasingly obstructed.

Photo: NY Post

"It's been almost a month now and it gets a little bigger every time I come back," one FlixBus driver told the New York Post. He said garbage piled along the sidewalk forces passengers waiting for buses into the street, while some people living in the encampment have reportedly approached travelers asking for money. He added that complaints to city officials have produced little visible response.

Police officers were seen Tuesday ordering the individual accused of siphoning electricity to disconnect from the utility line. Elsewhere along the encampment, officers reportedly seized extension cords and power strips from another makeshift shelter. Despite those actions, there appears to be little expectation that the enforcement will significantly reduce the camp's size.

Mayor Zohran Mamdani has defended the city's broader approach, saying the priority is moving homeless individuals into shelters and ultimately permanent housing rather than simply dispersing encampments from one neighborhood to another. Asked specifically about the West Side encampment, he said the city would review the situation.

Despite growing attention, reports indicate that no sanitation crews or homeless outreach teams had been seen at the site in the days following news coverage of the encampment.

The camp itself has reportedly continued to grow, with additional tents appearing over the weekend. Reports also claim that the area has attracted people struggling with addiction, along with sex workers, adding to concerns from nearby businesses and residents who say conditions continue to deteriorate.

Tyler Durden Sun, 07/19/2026 - 14:35

Overloaded: From Trinkets To Compute And Market Structure

By Peter Tchir of Academy Securities

Last weekend we published that the market was sitting on Multiple Inflection Points. We were concerned that many of the inflection points would resolve themselves negatively for the market:

• Iran, which we didn’t even give the full “inflection” point treatment to, has deteriorated. While Brent finished the week at almost $90, up from just above $70, it seemed to be a “side story” at this stage. However, with the news of the U.S. service members killed on Friday in Jordan, the question becomes how this alters the U.S. strategy to pressure Iran to stop its attacks on shipping in the Strait and return to the table to continue negotiations.

• AI Spend was the most important inflection point and that seems to be resolving itself rather negatively with the Philly Semi Index down 10% on the week! More on this later.

• Russia/Ukraine. General (ret.) Spider Marks, Rachel Washburn, and I spent a lot of time talking about this conflict. I continue to be optimistic, maybe even a bit more optimistic than the consensus Geopolitical Intelligence Group view, but that’s my take.

• Japanese Yen. The infamous carry trade did little last week, but strength in the Yen remains a risk for the broader market.

• Crypto and DATCos. With the volatility in other markets last week, the stability in this space was noticeable. The jury is still out on which way this inflection point will resolve itself, but the case that it is forming a solid base is growing.

• Inflation. As one of the last people looking for not just cuts before hikes, but also cuts as early as September, Tuesday’s CPI numbers helped a lot! Some would argue that “Core” remains high, but it is artificially inflated by the “mysterious” way we choose to represent shelter inflation. (Yes, I’m hoping to get some call, out of the blue, to help re-evaluate what data decisions should be based on). Unfortunately, the resumption of increased hostilities in the Middle East and the limited amount of oil left in the Strategic Petroleum Reserve don’t help my take on inflation continuing to decline. Though any material slowing in the AI Spend would push the Fed (on both inflation and jobs) to consider cutting. Last weekend (according to WIRP) the market was pricing in 1.5 hikes by the end of the December meeting. It is now at 1.26 hikes. I think that expectation will continue to come down. Will consider this week a “decent” win as expectations for hikes declined even as oil prices ripped higher.

The risk that these “inflection points” are at risk of overloading markets remains high!

SPCH SPCF LOFF SPCU SPAL SPCL SPCM

This may set a “new low” in terms of gobbledygook for a heading in the T-Report. I’m hoping you are wondering what the heck triggered such an insane looking heading!

Those are the ticker symbols for 7 ETFs that provide 2X the daily return of SPCX! I’ve listed them in order from largest to smallest. In total they have “only” about $420 million in AUM (it was probably higher before most of these ETFs saw a decline of over 50% since their highs). SPCL tracked a larger “index” pre-IPO but converted to SPCX only with the IPO, presumably to be “first to market” on the SPCX-leveraged IPO. In all fairness, there are at least 4 ETFs allowing investors to short (on a leveraged basis) SPCX.

I’m kind of reminded of some vague saying about rabbits. You start with 2 (presumably male and female) and wind up with a LOT of rabbits very quickly!

Does one IPO really need to inspire at least 10 single stock ETFs?

Apparently (I was too lazy to pull up the tickers) there are already a half dozen or so single stock ETFs that track the newly launched SKHY ADR.

It is already a complex process to price an IPO. That process can be made more difficult when only a portion of the float is sold initially. I have zero clue how any of these single stock ETFs help in terms of allocation of capital, or price discovery! If anything, they tend to amplify moves, as the leverage creates forced end of day buying or selling! That is the opposite of helping price discovery or establishing orderly markets.

I’m assuming any 4 letter combination of CHAT, OPEN, LLM, etc. has been purchased/registered in the “ticker” world. CHTU (Chat Up) or CHTD (Chat Down) seem obvious ones to own, to sell to an ETF manager (though, again, it is likely that they are already taken). Kind of reminiscent of when people were buying up domain names hoping to sell them.

I probably ranted too long to make the point that leveraged ETFs (single stock and index) tend to amplify moves in both directions!

SOXL

We might as well transition from market structure to the AI spend, with SOXL.

3X leverage on the NYSE Semi Index, with $19 billion of AUM, tends to amplify moves.

One “characteristic” of these market-structure impacting ETFs (in my opinion, and one I’m certainly guilty of) is that:

• When a stock or sector that XYZ recommends goes higher, all the credit is attributed to the idea. It is all ixnay on the market structure when the market structure is helping support a move.
• When a stock or sector that XYZ recommends goes lower, XYZ (whoever that may be) is quick to pull out the “technicals” or “market structure” card, as the culprit.

Leveraged ETFs (single stock and index) and Zero-Day to Expiration Options (0DTE and other short-term options) all tend to amplify moves. It is the nature of the beast. If there is potential for stop losses to be triggered, the amplification effect is even more powerful.

Is it time to buy the dip? If the parabolic move higher in the various semi-conductor indices owes some thanks to market structure (and I think it does), that market structure may have shifted from a tailwind to a headwind (or worse, a tailwind in the other direction).

From Cheap Trinkets to Cheap Compute?

I find myself admonishing myself and cautioning clients to put China circa 2005 out of their mind. The argument is basically that yes, China used to make “cheap” trinkets. That much of what they made was of lower quality and fell apart. No one really picked up an item that had a “Made in China” label and thought it was fine engineering!

In general, that just isn’t true in 2026. China makes high-quality components. China makes high-quality products. Intellectual Property ownership has shifted. Through a variety of methods (ranging from companies willingly exposing themselves to Chinese companies to access via less savory means), China has closed the gap on IP. In some areas, China is ahead on IP.

I admit, I checked out a BYD showroom when I was in Munich last week (please try not to judge how I occupy my free time ). The vehicles looked kind of cool and I already had decent expectations, unlike I would have had a few years ago.

Is Cheap Compute the “New” China 2005 Story?

I’m not sure why I say “2005,” but I do (I hope it gets the point across that we are talking about what China was like a couple of decades ago, when they really started to dominate global trade).

My take is:

• China wedged their foot in the door by making some things at cheaper prices than anyone else could.
• China was willing to accept things, like pollution and horrible labor conditions, to do that.

We ceded more and more manufacturing to China, and they got better and better at it.

• China Inc. ensured that the Chinese government and Chinese corporations were in “sync,” making it easier to coordinate their push into global markets.
  • Unfair advantages at home, flooding markets to lower prices abroad, etc., were tools in their arsenal to dominate global manufacturing.

Over time, they made the shift from Made in China to Made by China:

• Selling your brands makes more money for your country and companies than just making someone else’s brands.

Globally, companies now compete with China on a much more equal footing, in terms of product quality, while China has the ability to work as China Inc. (typically an advantage).

That has played a role in our construction of the ProSec theme, which we provided a mid-year update on.

Increasingly, I’m concerned that we may be at a “2005” moment in compute?

General (ret.) Groen discussed this and much more with me on a call this week. I will paraphrase much of what was discussed:

• Are Chinese LLMs (and AI in general) as good as U.S. versions?
  • In general, no. Yes, it made big news on Friday, when a Chinese model did very well on some specific benchmark tests. For all we know, it was created/trained specifically for some benchmarks, which means it will do very well on those tests, but not necessarily perform well in the “wild.”
    • There are allegations and questions about how Chinese models attempt to train themselves on U.S. models, greatly reducing the cost and timing of training. Bad if true, but can it be stopped?
    • I’m told the politically correct term for this sort of “training” is to “distill” their models.
• Is China selling compute cheaper than U.S. compute is being sold for?
  • Yes, potentially 5 to 10 times cheaper. This is where I keep circling back to my “2005” date. Were dinky cars made in China as good as elsewhere? Ummm, I guess if you take out lead paint concerns and other things, sure, but the reality was we all kind of “knew” that there were issues with them. But you could buy a pack of 5 for the price of 1 made elsewhere, and the decision got more complex (apologies to Spider, who wanted me to use snow globes, but I decided to stick with dinky cars).
  • I do NOT have TikTok installed. I’ve only been on TEMU twice in my life. I haven’t even been tempted to try one of the Chinese models (and those of you who know me know I’m easily tempted). Yet, kind of like the dinky cars, you can see the appeal.
• The Half-Life of AI model domination seems to be shrinking. Probably an overly complicated (on my part) way of saying that AI is advancing rapidly. Every time you look at the benchmarks, there are models that have risen to the top of the charts that I barely knew existed (and I’m paying some attention).
  • Is AI able to generate new iterations of AI even faster? If you were, say, 3 generations behind, can you get to 1 generation behind extremely quickly? Seems plausible, especially if you are willing (or able) to “cut corners” on training?
• Electricity. Does the U.S. have the electricity generation capacity to feed the demand for AI (and the general public)? Do we have the ability to get that power from where it is generated to where it needs to be (the grid)? How do we compare to China on that front?
  • While I don’t have the details, it seems on the surface that China has more capability for “plug and play” on the AI front than the U.S. does. Electricity, energy production, and transfer are near the TOP OF THE ProSec list for a reason.
• NIMBY. We have discussed the AI Revolution as much as anyone (I think). We have been arguing that Data Center and AI construction (and electricity and to a lesser extent water) would be a major political issue in 2028 or sooner! No idea that it would be an issue that is defining some primaries already! New York State seems to be imposing a 1-year moratorium. I haven’t checked how that will work, but the fact that it is a talking point tells us something.
  • The AI industry needs to do better on community outreach. On top of everything else, there are National Security concerns at play. I’m not sure how the industry, or the national security apparatus, changes the direction in the U.S., but they need to increase their efforts.
    • There are plenty of areas building and pitching for more data centers and AI, so we are a long way from being out of the game, but we need to do a lot to not only protect the lead but also add to the lead (maybe the English coach could have applied that logic to the last 30 minutes as well).
  • I’m pretty sure that there is no equivalent of NIMBY in China. There are some things that one culture has that another culture doesn’t have, but at least there is some understanding of why you have that thing, or think that way. I’d be willing to bet the vast majority of people in China would just stare at you blankly, bemused by the concept of NIMBY getting in the way.

Bottom Line

Many of the “inflection” points have demonstrated a clear direction to which way they are headed, but with everything going on, expect more downside for the markets. DeepSeek was a moment. Treating cheap compute like manufacturing was treated circa 2005 is NOT a “moment.” I’m trying to avoid getting “sucked into the hype of the moment,” and wish I’d written the section on cheap compute Wednesday morning, before the recent news hit (we’d look a bit more proactive, rather than reactive), but I didn’t. The AI spend is at risk on multiple fronts, and while I expect earnings to be important, it now seems clear that even strong earnings, with very visible, very strong guidance for years to come, might not be enough! Last weekend, my perception was that earnings could propel sectors, especially the “compute” sector, higher, but I’m less convinced of that now. The story on “compute credit” seems to have deteriorated, even though we think it is overdone. It does seem like we might need a “debt diet” moment, where some company takes steps to make creditors happy, and finds that their stock responds positively to that action. While the Middle East is not helpful for lower inflation, any slowdown in the AI spend would be (though it would be awful for the economy). While I’m loath to end with a chart, today we are going to end with a chart.

While the Nasdaq 100 has been in a range for the past few weeks and has started moving lower, the S&P 500 equal weight index has been grinding higher and is extremely close to its all-time highs. In some ways it seems “crazy” to think that the S&P 500 equal weight and the Nasdaq 100 should have similar returns (we saw the post-Liberation Day rally in the Nasdaq 100), but finally the two indices closed the gap (noticeably the separation closed when both indices were moving lower).

Who knows, by Monday, the President may have sent something on Truth Social to change all of this (he controls the Iran narrative, and he did push back on the New York data center moratorium). If he does, we should find out at the same time as everyone else, because I don’t think “fast access” on Truth Social has been implemented yet (Trump Media Subscription Plan).

This should be an interesting week. Buy the dip, or get bearish? Of all the things listed, the concept of “cheap” compute from China concerns me the most!

Tyler Durden Sun, 07/19/2026 - 14:00

Tropical Threat Emerges In Gulf Of America With US Refineries In Potential Crosshairs

The National Hurricane Center has raised the probability of tropical development for Invest 91L to 80% over the next two to seven days.

The broad area of low pressure off Florida's west coast in the Gulf of America should be tracked into the new week, as early Sunday model guidance suggests it could eventually threaten offshore oil and gas rigs and coastal refineries.

NHC's latest Invest 91L update:  

A area of low pressure located over the northeastern Gulf of America continues to become better defined and the associated shower and thunderstorm activity is gradually increasing.

Continued gradual development is expected, and a tropical depression is likely to form later today or on Monday as the system moves slowly northward or northwestward.

Interests along the northern Gulf coast from Florida, Alabama, Mississippi, and Louisiana should monitor the progress of this system, as tropical storm watches or warnings could be required for portions of the area later today.

In addition, this system is expected to bring heavy rains to portions of the northern Gulf coast during the next several days. An Air Force Reserve reconnaissance aircraft is scheduled to investigate the low pressure area later today.

Formation odds:

• Formation chance through 48 hours...high...80 percent.
• Formation chance through 7 days...high...80 percent.

Model Track:

Refinery Map:

Regardless of Invest 91L's development, the broad area of low pressure will traverse northwest, away from Southwest Florida and towards the New Orleans area.

The Atlantic Hurricane season is beginning to move into an active phase.

Notably, El Niño generally suppresses Atlantic hurricane activity by increasing upper-level westerly winds and vertical wind shear across the Caribbean and tropics, which disrupt tropical systems before they organize or intensify.

More on developing El Niño here.

Tyler Durden Sun, 07/19/2026 - 13:25

Taylor Farms Announces Recall Of Lettuce Shipped To 27 States Over Cyclospora Risk

Authored by Troy Myers via The Epoch Times,

U.S. lettuce supplier Taylor Farms expanded on July 17 its voluntary recall of iceberg lettuce from central Mexico due to concerns over its link to a cyclospora outbreak affecting Americans across the country.

Lettuce products that were possibly contaminated with the diarrhea-causing parasite were sent to 27 states, according to the company. The Centers for Disease Control and Prevention said July 18 the outbreak was linked to iceberg lettuce across five states and more than 1,000 people in the United States have been sickened by it.

“Consumers who have purchased the recalled iceberg lettuce should discard it immediately and not consume it,” California-based Taylor Farms said in a statement.

“Full refunds are also available at the location of purchase.”

States that were sent potentially contaminated lettuce products include Alabama, Arkansas, Connecticut, Florida, Georgia, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Missouri, Mississippi, North Carolina, New Hampshire, New Jersey, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and Wisconsin.

The company added that it is actively removing affected products and ceased sourcing lettuce from the implicated lot in central Mexico. Taylor Farms reiterated that it is continuing to cooperate with the Food and Drug Administration, the CDC, and other authorities.

Taylor Farms released a full list of its potentially affected products, including various shredded lettuce and salad mixes, accompanied with their lot codes and use-by dates.

According to an earlier statement July 17, the company said it was voluntarily removing from U.S. markets all iceberg lettuce sourced from central Mexico. That decision was based on information the FDA provided to Taylor Farms regarding its products, the statement said.

“As a family owned and operated company, we are deeply concerned for those who became ill, their families, and the many Americans whose trust in the safety of their fresh produce has been shaken,” Taylor Farms said.

“That trust is something we’ve worked for decades to earn, and we are committed to doing everything in our power to restore that confidence.”

U.S. health officials earlier this week announced it had traced “a single supplier of iceberg lettuce from Mexico used by Taco Bell locations where sick people ate before becoming ill.”

The popular fast-food chain addressed the issue in a statement on X, writing that it had removed all Taylor Farm products from its locations.

“We want you to hear it from us,” the company said. “So go ahead and enjoy your Taco Bell today.”

U.S. food distributor Sysco had also pulled all its Taylor Farms iceberg lettuce sourced from central Mexico.

Cyclosporiasis is caused by the microscopic parasite cyclospora that stems from produce and water contaminated with human feces.

As of the latest update available from the CDC, the outbreak has resulted in 1,644 cases and 94 hospitalizations.

The agency noted that the true number of cases could be much higher, as many people are able to recover without medical care and are not tested for cyclospora.

Tyler Durden Sun, 07/19/2026 - 12:50

French Gambling Regulator Orders ISPs To Block Polymarket

Authored by Zoltan Vardai via CoinTelegraph.com,

France’s Autorité nationale des jeux (ANJ), or the National Gambling Authority, has ordered internet service providers to block access to Polymarket.

Prediction websites are considered illegal gambling, the ANJ said in a Friday press release.

The regulator said that Polymarket’s operations are not authorized in France and that advertising unauthorized gambling sites constitutes a criminal offense with fines of up to 100,000 euros ($114,000).

Prediction markets allow users to buy and sell contracts tied to the outcomes of future events, from elections and sporting events to economic data and geopolitical developments. Polymarket has surged in popularity over the past two years, with billions of dollars in trading volume, while drawing scrutiny from regulators over whether its event contracts constitute illegal gambling or unlicensed financial products.

Countries that blocked access to Polymarket include Singapore, Poland, Portugal, Hungary, Ukraine, Brazil and Indonesia. At press time, Polymarket said it was geoblocked in 36 regions.

France’s gambling regulator first shared plans to block the platform in November 2024 for failing to comply with national gambling laws.

French gambling authority cites outcome manipulation concerns

France’s gambling authority said Polymarket boasts “addictive features” that are similar to regulated gambling offerings, but “amplified by the absence of the protective mechanisms found in the legal gambling market.”

It also cited potential outcome manipulation tied to some event contracts on Polymarket, adding:

“Some of the bets offered on this platform appeared to be rigged: for example, bets on the weather revealed that weather sensors may have been hacked.”

The cybercrime unit of the Paris Public Prosecutor’s Office launched an investigation into this matter in May 2026 and found a lack of identity verification, such as Know Your Customer checks.

Prediction markets have also drawn scrutiny from US regulators. On June 17, Kentucky sued five prediction market platforms, including Kalshi and Polymarket, accusing them of operating unlicensed sports betting platforms. At least 17 other states have followed suit.

The Commodity Futures Trading Commission sued eight states, arguing they had interfered with the federal regulator’s exclusive authority over federally regulated event contracts. 

Tyler Durden Sun, 07/19/2026 - 08:10

Germany To Join French Nuclear Exercise, Deepening 'Counter-Russia' Deterrence

In the latest development related to what some analysts have called the 'new Cold War' and nuclear saber-rattling between Russia and the West, Germany and France are planning a major nuclear exercise later this year.

The atomic drills were announced Friday, after a joint top-level meeting of the French and German governments near Cologne. "Alongside this work on a shared doctrine, German conventional forces will this year take part in a nuclear exercise of the French military," German Chancellor Friedrich Merz unveiled. 

picture alliance/dpa

He detailed while at a press event alongside French President Emmanuel Macron that a "strategic steering group" established by the leading European allies would continue looking at deterrence in the future, with an eye on Russia.

"This is complementary to our nuclear participation and deterrence within NATO, which we still hold to," he added. He also previewed "a maneuver in the autumn held on the initiative of France" - while speaking of the Ukraine war.

"We will clarify together what form exactly this participation will take," he said.

France is newly positioning itself at the forefront of nuclear deterrence for Europe, a role that the United States has long assumed, and currently still does.

According to some of Macron's statements at the same event: "Patriotism, yes; nationalism, never. At a time when Europe is rearming, to think that each of us separately accumulating capabilities is the way history is going is absurd." More details have been offered in the following:

Mr Macron and Mr Merz began the defence council at Nörvenich air base beside a French Rafale and a German Eurofighter – a symbolic backdrop after the aircraft designed to replace them was scrapped.

Nuclear deterrence offers one field where the strained partnership can still move forward.

German troops would play a conventional supporting role and would not control French weapons. Berlin will also help develop radar and space-based systems for detecting ballistic and hypersonic missiles.

Currently the United States and the UK, which both maintain nuclear arsenals, form the core of NATO's nuclear deterrence strategy. While France also possesses nuclear weapons, it does not yet participate on a leadership level in NATO's nuclear planning group. The US military also contributes F-35, refueling aircraft, and other support planes. 

Germany's Chancellor Merz:

For the first time, I have accepted the offer made by the French President to jointly think about nuclear deterrence.

Historically speaking, General Charles de Gaulle had already offered the Federal Republic of Germany a French nuclear umbrella many… pic.twitter.com/lIug2JjqVB

— Clash Report (@clashreport) July 17, 2026

Russia has not infrequently held its own strategic drills over the course of the last several years of war in Ukraine. It has also become the 'new normal' for Russia and Europe to hold rival conventional war games, amid threats, warnings and ongoing miliary flexing.

Tyler Durden Sun, 07/19/2026 - 07:35

Nearly Half Of Poles Now Want To Stop Arming Ukraine

Authored by Andrew Korybko,

The reason is Poles’ radically shifting views towards Ukraine since the start of their spiraling dispute sparked by Zelensky’s state-level glorification of the Volhynia Genocide’s OUN-UPA culprits.

Leading Polish conservative newspaper Rzeczpospolita published the results of a survey that it commissioned showing that 45.2% of Poles now want to stop arming Ukraine. The majority are from the opposition, which includes conservative and libertarian-nationalist (populist in American political parlance) groups who a separate survey recently showed could form a coalition government after fall 2027’s next Sejm elections, and is almost three times larger than the 18.3% from December 2022.

Krzysztof Bosak, one of the populist Confederation’s co-leaders, is quoted as reaffirming his party’s consistent policy of supporting conditional aid to Ukraine that tangibly advances Polish interests. Its rapid growth in popularity per the second-mentioned survey above is likely due to the public realizing that Confederation was right all along about Ukraine amidst their country’s spiraling dispute with it that was sparked by Zelensky’s state-level glorification of the Volhynia Genocide’s OUN-UPA culprits.

This palpable sentiment is arguably responsible for why the conservative “Law & Justice” (PiS) opposition’s prime ministerial candidate boldly broke with this party’s leadership earlier in the week by calling on the EU to stop funding Ukrainian arms till it “enters the path of pro-human values.” PiS is also separately embroiled in a power struggle between co-founder Jarosław Kaczyński and former Prime Minister Mateusz Morawiecki over the latter’s refusal to shutter his sub-group within the party.

The combination of these factors could lead to more disgruntled PiS supporters flocking towards Confederation, thus potentially turning the party in the senior partner in any coalition that could be formed after fall 2027’s next Sejm elections, which could lead to serious changes in Polish foreign policy. The second survey that was hyperlinked to in the introduction shows that Confederation and the Confederation of the Polish Crown that earlier split from it have more support combined than PiS.

It’s therefore within the realm of political reality that the populists maintain their role as the country’s most powerful opposition force, especially if support for PiS continues declining while support for Confederation continues growing, with Poles’ radically shifting views towards Ukraine being the reason. Rzeczpospolita’s report cites the Defense Ministry’s recently declassified statistics showing that the former PiS government gave Ukraine around €3.4 billion worth of military equipment from 2022-2023.

The National Security Bureau disclosed in early 2025 that Poland’s aid to Ukraine totaled 4.91% of its GDP by then (most going to refugees and the above statistics showing that the liberal coalition only sent around €350 million by mid-2026) and constituted hundreds of pieces of equipment. Although PiS has since hardened its approach towards Ukraine, just like its opponents did under public pressure, it could have preemptively averted Ukraine’s descent into an anti-Polish state had it attached strings to its aid.

For example, aid could have been sent only if Ukraine first allowed the full exhumation and proper reburial of the Volhynia Genocide’s victims, officially recognized and apologized for this war crime, and banned Banderism. That didn’t happen and now “Poland Finally Realizes The Geostrategic Challenge Posed By Ukraine”, thus further contextualizing why nearly half of Poles no longer want to arm what’s at this point their top regional rival, which also poses a latent security threat if it’s not soon denazified.

Tyler Durden Sun, 07/19/2026 - 07:00

Iran's Reliance On China's Beidou Satellite System Is A Game-Changer In War With US

Authored by former CIA officer Larry Johnson

During the 12-day war in June 2025, Iranian missiles and drones struggled against sophisticated Israeli and American electronic warfare. GPS jamming and spoofing repeatedly disrupted their guidance systems, limiting their effectiveness during the intense 12-day conflict. Fast-forward to early 2026, and the battlefield dynamics had shifted dramatically. Iran’s precision strikes began threading through advanced air defenses, hitting high-value targets across the Gulf with surprising accuracy.

Intelligence analysts pointed to one key factor: Iran had ditched GPS for China’s Beidou satellite navigation system.

The US unwittingly provided the spark that ignited China’s quest for the Beidou. The story begins in 1993 when a single Chinese container ship, the Yinhe, sailing to Iran, the vessel was accused by the CIA of carrying chemicals for weapons production.

Middle Eastern ports, under pressure from the US, refused entry and the ship was stranded in the Indian Ocean. The US not only pressured allies but reportedly disabled the ship's GPS access, forcing it to drop anchor for weeks. Inspections in Saudi Arabia eventually cleared the vessel, but China received no apology or compensation.

This humiliation—losing navigation mid-ocean due to reliance on a foreign-controlled system—became a pivotal lesson for Beijing. It accelerated development of an independent satellite navigation network: Beidou (BDS).

• BDS-1 (2000s) provided initial regional coverage.
• BDS-2 expanded capabilities.
• BDS-3 (completed around 2020) transformed it into a global powerhouse with dozens of satellites, far more ground stations (especially in the Global South), and superior accuracy in many regions compared to GPS.

Today, Beidou outperforms GPS in coverage and precision across roughly 165 countries, offering a resilient alternative that cannot be unilaterally jammed or spoofed by Western powers.

After the 2025 conflict exposed vulnerabilities in GPS-dependent systems, Iran moved decisively. By late 2025 or early 2026, it integrated Beidou into its missile and drone arsenals. Reports from March 2026 already highlighted dramatic improvements: Iranian munitions evaded electronic countermeasures that had worked months earlier.

Key advantages of Beidou for Iran include:

• Resistance to jamming/spoofing — Advanced frequency-hopping and anti-interference tech.
• Higher accuracy — Circular error probable under 5 meters in key regions, enabling precise strikes with fewer munitions.
• Real-time command — Secure messaging allows mid-flight adjustments over long distances.

This upgrade has contributed significantly to Iran’s ability to penetrate US defenses in the Gulf countries and dramatically improved Iran’s ability to strike critical targets, which has undermined confidence in US security guarantees in the Gulf.

The US decision to use GPS as a weapon in 1993 has backfired spectacularly—proof that humiliating China inspired a technological leap that now gives China and its allies a strategic advantage over the US.

Tyler Durden Sat, 07/18/2026 - 23:20

Academia Embarrasses Itself... Again

Authored by J.B. Shurk via American Thinker,

Over at Twitchy, a publication that curates the news in funny yet insightful ways, a headline reads, “Head of Medical School Tells Congresswoman the Vast Majority of Pregnancies Occur in Women.”  Sure enough, Twitchy is telling the truth.

During witness testimony before a congressional committee examining the impact of forced “diversity,” preferential (non-merit-based) admissions, and “woke” ideology upon the quality of medical schools, the chancellor of UC San Francisco testified under oath that not all pregnancies come from women.  That chancellor, Samuel Hawgood, is not some administrative bureaucrat with a made-up bachelor’s degree in the discriminatory effects of man-made “climate change” upon “transgender” Pakistanis (and an obligatory master’s in why American taxpayers must foot the bill for all “sex change” surgeries around the world).  No, Hawgood is an actual pediatrician who previously served as UCSF’s dean of the School of Medicine.  A man who did his residency at the Royal Women’s and Children’s Hospital in Brisbane cannot tell us how babies are made.

It is astounding to watch just how far down the propaganda rabbit hole so-called “institutions of higher learning” have dragged society.  Until very recently, this kind of public display of sophistry would have embarrassed an intellectual of the lowest order.  For a medical doctor and university chancellor to pretend that men can get pregnant is a flashing neon sign warning just how corrupt and dishonest all of academia has become.  These days, university leaders sound indistinguishable from North Korean spokespeople assuring starving citizens that they are better off than anyone else in the world.

How did we get to this point in time when professors tell rank lies to the American people, while hiding behind their titles as false evidence that those lies are somehow “truths”?  Well, social media favorite “Oilfield Rando” points to part of the problem.  In an X post responding to the doctor’s pseudoscientific testimony, Rando includes an itemization of Chancellor Hawgood’s university pay and accompanying benefits.  The man in charge of one of the country’s top educational institutions takes home well over a million dollars each year.  Unless Chancellor Hawgood is a moron who genuinely believes men can get pregnant, it is likely that he is willing to sell his intellectual reputation and personal honor for a seven-figure salary.

What does that say about the current state of our society?  The modern university arose from Christian monasteries dedicated to God’s truth.  This is why divinity degrees are generally accorded highest honor during processions accompanying graduation ceremonies.  As monasteries developed into secular institutions of higher learning, they remained places dedicated to the pursuit of truth.  Harvard’s motto, veritas, simply means “truth.”

For hundreds of years, faculty members did not take positions on college campuses because they sought fame or fortune.  They became scholars and professors because they were dedicated to the rigors of their calling.  Just as a Christian monk lived in poverty because the pursuit of truth provided spiritual nourishment and personal fulfillment, a scholar embraced a penurious life within academia in exchange for the privilege of seeking authentic truth.  The reward — unvarnished enlightenment — was understood to be more valuable than money.

I have spent enough time on university campuses to understand that they are no longer sanctuaries for truth.  There was a time not so many decades ago when campuses were “safe spaces” for all ideas.  Unlike the real world, where an employee might be fired for taking unorthodox positions in the workplace, colleges once encouraged professors and students to advance eccentric, heretical, and dissenting points of view on any subject.  Intellectual debate was more important than “hurt feelings” or “political correctness.”

Now, the opposite is true.  Universities are so concerned about “hurt feelings” and “political correctness” that they proudly designate most of their campus a “safe space” free from the “dangers” of debate, disagreement, or dissent.  Of course, the kicker is that in the process of creating “safe spaces,” colleges must first decide what points of view to defend as part of their unquestionable curricula.  They stake out positions just as a cleric might do with tenets of a religious faith.  In this way, the university has come full circle.  It has once again become a medieval monastery filled with members of a religious order.  It’s just that these twenty-first-century “monks” despise God, truth, and Christianity.

In 2026, a pediatrician and chancellor of a major university is incapable of stating the truths that biological sex is real and that only women can become pregnant.  As much as we might be inclined to laugh, this should make us feel sad.  There has never been a time in human history when people struggled with the distinctions between men and women.

We are presently in an era when the people with the most prestigious titles and credentials are either dumber or more dishonest than the least educated members of any human society that ever existed.  In exchange for their dumbness and dishonesty, they are paid extremely high salaries.  The corporate news media command us to treat these people with respect because they have been recognized as official “experts.”  And these highly paid, credentialed, respected experts from prestigious institutions of higher learning are too cowardly to tell the truth.  The noble pursuit and defense of veritas have been replaced with ignominy and indoctrination.

University cowardice, of course, does not stop with the idiotic fad of “transgenderism.”  There are all kinds of bizarre, fanciful, and unscientific commandments within the “woke” faith.  Believing in hard work, skill, intellect, and merit is now cast as unacceptable “white supremacy.”  Instead, we are told, people should be admitted to universities and receive degrees based on the color of their skin, their recognized victimhood, and/or their sexual proclivities.  Entire generations of intellectual lightweights are now certified “experts” because they claimed to have Native American blood or wrote college admissions essays about having sexual relations with broccoli.  They can’t do math.  They can’t write without the help of AI.  But since they call themselves “doctors” or were handed Ivy League degrees, they expect the rest of society to respect them and believe what they say.

It is such an odd time to be alive.  In the halls of government and academia, nonsensical beliefs masquerading as “truth” run rampant.  Within these wonderlands of delirium, two ideas are so sacrosanct that they cannot be questioned:

(1) using any kind of energy other than those available during the Middle Ages causes catastrophic “climate change”; and

(2) mass immigration and “multiculturalism” strengthen a society. 

Consequently, university professors and government ministers expect us to believe two preposterous things. 

 First, unless we pay carbon taxes and allow bureaucrats to centrally manage the economy, we will all die.  

Second, unless we replace Western civilization with other civilizations, we are all bigots.

In other words, our “educated elites” treat as indisputable “truths” the canards that bad weather and insufficient “diversity” are the two biggest problems of our time.  Their solutions?  Central bankers, multinational corporations, and government bureaucrats should strictly regulate how productive people build things and prosper.  Ideally, incompetent people rewarded for their perceived “victimhood” and “diversity” should be put in charge of future production.  This is not a plan for success.  This is an idiotic operation that guarantees civilizational self-destruction.

Should we survive this age of stupidity, our descendants will look back and wonder why clear-thinking scholars from our august institutions of higher learning didn’t do more to halt the suicidal impulses now gripping Western civilization.  

How could the very universities that trace their lineages back to Western monasteries’ pursuit of God’s truth become cesspools of falsehood, paganism, and superstition?

Western civilization’s survivors will not have to look hard for their answer: University chancellors were given millions of dollars to “educate” the public about men having babies. 

College campuses are catnip for crazies.

Tyler Durden Sat, 07/18/2026 - 18:40

"Start Spreadin' The News": New York Losing Billions As Millionaires Flee Big Apple

Authored by Jonathan Turley,

Below is my column in the New York Post on the sharp decline in millionaires in New York, costing the state billions as many flee. The exodus has been building for years but may now be accelerating. As Mayor Mamdani holds another press conference promising to end the “violence of evictions,” businesses are reading the writing on the wall. Rather than work to make the state more attractive to wealthy residents and businesses, Democrats are seeking to diminish the appeal of two-tax states. They want to tap into a long-barred area of taxation: the wealth rather than just the income of citizens. By passing a national wealth tax, Democrats will reduce the benefit of fleeing high-tax states like California and New York.

“Start spreadin’ the news, I’m leavin’ today” — that’s how the famous song “New York, New York”  captures the Big Apple’s draw.

Today, the line is becoming more ironic than iconic: Many people are indeed leaving … from New York, New York.

Worse yet, those “vagabond shoes” that “are longing to stray” are on the feet of the wealthiest New Yorkers.

And as they flee, according to a new study, they’re taking away billions in badly needed tax revenue.

As Mayor Zohran Mamdani and others pledge massive social programs and free services by taxing the wealthy, the wealthy are just melting away.

The reason is simple: if “you can make it there, you can make it anywhere.”

In today’s economy, it’s no longer necessary or even particularly beneficial to be in New York to make money in financial and other areas.

When any business meeting is a screen and a click away, you can go to a low-tax state like Florida or Texas and do as well as you can in the Big Apple.

Not surprisingly, many are choosing the money over the mystique and the madness.

This week the Citizens Budget Commission reported that New York’s share of millionaires fell from 12.7% in 2010 to 8.7% in 2022 — the largest drop of any state.

The exodus of wealthy citizens left New York short $10.7 billion in tax revenue.

By denouncing the remaining wealthy as effectively freeloaders who are “not paying their fair share,” Mamdani is only spurring them on.

It’s a demonstrably false claim that I discuss in my book Rage and the Republic — and part of a growing class-warfare theme the left is deliberately using to fuel political rage.

Yet it’s easy to form a mob —  and far more difficult to control it.

That is particularly the case when your economic policies destroy your economy, and your ability to pay for all the free services that you’ve promised.

There’s a good-faith debate to be had over optimal tax levels, but the fact is that the top 10% of Americans pay more in taxes than the other 90% of the country. The top 1% pays roughly 40% of federal taxes.

As rational actors flee the state, Mamdani and New York Democrats are forced to cull the shrinking herd of high-end taxpayers who remain, layering on special fees like a pied-à-terre tax to be imposed on NYC’s luxury property owners.

And rather than change course to make New York a more attractive place to do business and live, national Democrats are moving to make other states no better — by nationalizing wealth taxes and by taxing fleeing citizens as if they still lived in the state.

Many are following Sen. Bernie Sanders’ and Rep. Ro Khanna’s call to impose a federal wealth tax they’ve dubbed the Billionaire Tax.

The idea is to stem the exodus from California and New York by giving the highest earners no place to go . . . except out of the country.

That’s the option many took when similar wealth taxes were attempted in countries like France, only to be rescinded after doing massive economic damage.

Fleecing the wealthy is a revenue loser.

New York is losing billions, and California has reportedly lost trillions due to top taxpayers’ departure.

Unwilling to adopt greater fiscal restraints and truly compete for businesses and residents, Democrats are looking for pockets of new areas to tax.

The wealth tax is a virtual bonanza of untapped revenue — if it can make it through the courts.

Our Constitution was amended in 1913 to allow for an income tax, not a wealth tax.

Once you pay taxes on what you earn, you’re supposed to be able to use your hard-earned money to buy whatever you wish, from bikes to boats.

Democrats now want to tax those possessions: “your Rembrandts, your stock portfolio, your diamonds and your yachts,” as Sen. Elizabeth Warren once dramatically warned.

And Khanna recently confirmed what some of us have been saying for years: The Billionaire Tax isn’t only for billionaires.

“The tax should not stop at billionaires,” he said in a pitch to his party’s rising socialist movement; “it must reach centimillionaires. The tax has to reach all fortunes $50 million and up.”

Khanna and others hope that, once taken nationally, a wealth tax would destroy the benefit of moving to low-tax states — and open up literally trillions in new potential revenue.

In the meantime, New York will continue to burn billions as it taps its dwindling number of millionaires.

As their wealthy neighbors depart, those remaining will have to make up for their loss.

Being among the last to leave New York will be a costly distinction.

They will indeed “wake up” — and find that they’re “king of the hill, top of the list” for wealth redistribution.

Jonathan Turley is a law professor and the New York Times bestselling author of “Rage and the Republic: The Unfinished Story of the American Revolution.”

Tyler Durden Sat, 07/18/2026 - 17:30

Paul Pelosi Officially Charged With Hit-And-Run In Northern California

Authored by Jill McLaughlin via The Epoch Times,

Paul Pelosi, husband of Rep. Nancy Pelosi (D-Calif.), was charged with misdemeanor hit-and-run on July 17 after authorities alleged he struck another vehicle parked on the side of a road on July 3 in Napa County, California.

The Napa County District Attorney’s Office also charged Pelosi, 86, of St. Helena, with making an unlawful turn.

A witness who saw the accident called 911. Napa County Sheriff’s deputies responded to the scene in Yountville, California, on July 3 and found Pelosi sitting inside his brown convertible, about one-quarter mile away from the damaged car that was struck on the shoulder of a roadway, the department reported.

According to deputies, Pelosi’s car sustained damage to the front.

Pelosi allegedly told deputies he hit something but he did not know what or when, and had continued driving, according to the sheriff’s department statement.

He did not test positive for alcohol, authorities said.

Deputies did not arrest Pelosi at the scene. No injuries were reported at the time, and he was allowed to go home with a misdemeanor citation for leaving the scene of an accident.

The sheriff’s office recommended Pelosi to the California Department of Motor Vehicles to determine whether he should be allowed to continue driving, which is common for older drivers.

The maximum sentence for a hit-and-run offense is one year of probation, according to the district attorney’s office.

Paul Pelosi’s first court appearance is scheduled for Aug. 14.

This is the second time in four years that Pelosi has been charged by the Napa County District Attorney following an auto accident in the county.

He was convicted in Napa County Superior Court in 2022 of drunk driving and causing injury after pleading guilty to the charges.

Paul and Nancy Pelosi attend the 66th GRAMMY Awards Pre-GRAMMY and GRAMMY Salute to Industry Icons Honoring Jon Platt at The Beverly Hilton in Beverly Hills, Calif., on Feb. 3, 2024. Amy Sussman/Getty Images

Pelosi was sentenced to three years of probation and ordered to pay nearly $5,000 in restitution to the accident victim for medical bills, serve five days in jail, and submit to blood, breath, or urine tests if requested by an officer.

He was also mandated to enroll in a program for three months and install an ignition interlock device on his vehicle for one year as part of the sentence.

In an unrelated incident that same year, he was attacked and beaten with a hammer inside the couple’s San Francisco home.

A spokesperson for the Pelosi family did not immediately return a request for comment.

Tyler Durden Sat, 07/18/2026 - 14:00

Landmark Decision: Federal Appeals Court Rejects New Jersey's AR-15 And Magazine Bans

In a major victory those seeking to rid America of bans on so-called "assault weapons," for the first time ever, a federal appeals court has ruled that a state's ban on AR-15s and similar rifles, and its ban on "high-capacity" magazines, violate the 2nd Amendment to the US Constitution.

The bans in question had been enacted by New Jersey, but the ruling carries weight throughout the jurisdiction of the United States Court of Appeals for the Third Circuit, which also includes Pennsylvania and Delaware. More significantly, the Third Circuit ruling creates a direct circuit split -- the term used to describe a situation where two or more federal courts hand down different interpretations of the same legal controversy, which results in litigants in different parts of the country experiencing sharply different outcomes. Circuit splits are one of the key factors that make an issue ripe for US Supreme Court review.

Bans of AR-15-style rifles -- like the one wonderfully wielded here by Instagram's "3gunreanna" -- could be eradicated by this time next year

Late last month, the Supreme Court already agreed to hear an appeal of rulings that upheld a "assault rifle" ban imposed by Connecticut and by Cook County -- where Chicago is situated. The question posed to the high court by the petitioners: "Whether the Second and Fourteenth Amendments guarantee the right to possess AR-15 platform and similar semi-automatic rifles." 

Comically flaunting his supposed credentials on the issue by noting that he "qualified as an expert shot" in the Navy and is thus "familiar with firearms," New Jersey Governor Mikie Sherrill condemned the ruling in a statement: 

“Today’s decision is dangerous, wrong, and make no mistake, it will make New Jersey communities less safe...This decision is not only legally wrong, it’s completely out of step with parents and the people of the Garden State...We will not back down from extreme, right-wing attempts to weaken the laws of New Jersey.”

The Third Circuit Court reviewed the case en banc -- that is, all active judges of the circuit participated in hearing and deciding the case.  They threw out the New Jersey rifle and magazine bans by a 10-to-5 margin. A majority of the Third Circuit judges were appointed by Republicans, but the majority opinion was written by a Biden-appointed judge, Arianna Freeman. As required by the landmark 2022 Bruen decision, the Third Circuit and all other federal courts are required to evaluate whether a given restriction on the right of armed self-defense is consistent with the country's historical tradition of firearms regulation. 

Biden-appointed Judge Arianna Freeman, a Swarthmore and Yale product, wrote the majority opinion 

Freeman and her fellow judges in the majority flatly rejected the notion, embraced by other circuits, that AR-15 rifles are not "arms" as the term is used in the Second Amendment: 

“Even the narrowest Founding-era definition of ‘Arms’ addressed by the Heller Court ‘stated that all firearms constituted ‘arms,’”... “Because semi-automatic rifles are firearms, they are ‘Arms’ within the meaning of the Second Amendment. The Constitution thus ‘presumptively protects’ individuals’ right to keep and bear semi-automatic rifles.”

The majority decision also rejected the ban over the "common use" standard that was created by the Supreme Court's 2008 Heller decision: 

“Bans on weapons in common use for lawful purposes are unlawful. So are severe restrictions on weapons in common use for lawful purposes .. However much nuance we might employ, we could not overcome the dearth of relevantly similar Founding-era restrictions. “

They also found no historical roots with which to justify the ban on AR-15 and similar rifles: 

“Together, Heller and Bruen teach that bans or broad prohibitions on possessing or carrying of a class of weapons in common use for lawful purposes fail to find support in our Nation’s tradition of firearm regulation. That is so even when the regulations are passed with the intention of reducing gun violence .. That principle resolves our inquiry here.

In the primary dissenting opinion, Biden appointee Patty Shwartz said "the objective features of AR-15s and [large-capacity magazines] render them disproportionate to ‘ordinary self-defense needs’ and thus outside the scope of the Second Amendment’s protection.”  Of course, Schartz's suggestion that the 2nd Amendment is about "ordinary self-defense" is completely at odds with the Second Amendment's plain language and the well-documented intentions of its drafters. 

Tyler Durden Sat, 07/18/2026 - 13:25

DHS Issues Funding Warning To States That Don't Purge Voter Rolls

Authored by Jack Phillips via The Epoch Times,

Department of Homeland Security (DHS) Secretary Markwayne Mullin on Friday said that states that do not purge their voter rolls of potentially ineligible voters and noncitizens could lose funding.

U.S. Secretary of Homeland Security Markwayne Mullin speaks during a news conference in the Eisenhower Executive Office Building in Washington, on July 17, 2026. Anna Moneymaker/Getty Images

It came as he said the DHS has identified more than 250,000 noncitizens who were illegally on voter registration rolls in four states: California, New Jersey, Pennsylvania, and Nevada.

"We know Iran hacked state voter files and attempted to compromise our systems where military members used to vote," he said, adding that DHS "security enhancements" will be mandatory.

"If these states want a grant, and they want to be reimbursed to run federal elections, they're going to have to implement security measures."

Voting systems have to be secured, and voter registration lists need to be "scrubbed," Mullin said.

"We need to make sure that individuals that are legally able to vote are voting," he said.

When a staff member discovered the relationship with the prospective defendant, Johnston fired the employee, according to Hanaway.

"President Trump is correct when he said that election security is national security ... this is just exposing what took place and to make sure it never happens again.

"And there's some really easy steps that can be taken to secure our elections, and it shouldn't be a partisan issue."

Mullin said he is asking election officials in those four states to check voter rolls for people who are not American citizens, saying that it's not a "partisan issue" to safeguard the process.

"We will secure our elections," he said, adding that DHS has a mandate to "keep our voters safe and our elections safe."

The remarks from Mullin follow a speech given by President Donald Trump on July 16 in which he detailed what he said were significant irregularities and flaws in the 2020 election and problems with voter rolls in states.

He called to pass a voter identification bill that is currently stalled in Congress.

"I've also ordered DHS to notify every state about non-citizens on their voter rolls and direct them to remove all ineligible voters from the lists immediately," Trump said in his speech on Thursday.

"But most importantly, addressing this crisis of election security demands that Congress must pass the SAVE America Act."

Trump was referring to the Safeguard American Voter Eligibility Act, a highly debated election bill that would mandate voters to provide documentary proof of U.S. citizenship to register to vote and present valid photo identification to cast ballots in federal elections.

It was passed in the House but faces opposition in the Senate.

The Trump administration has called on Republican senators who hold the majority to remove the legislative filibuster to pass it, although Senate Majority Leader John Thune (R-S.D.) has said his party lacks the votes to do so.

Trump said in his address that recent intelligence findings showed that the Chinese Communist Party (CCP) and other foreign adversaries tried to meddle in the 2020 election, that there was evidence of voter fraud being buried, that hundreds of thousands of deceased people and noncitizens are active on voter rolls, and that voting systems were exposed to manipulation and hacking attempts.

"This vital information has for many years been covered up and hidden from you," Trump said.

The White House on Thursday concurrently released sections of documents related to alleged vulnerabilities in U.S. voting systems, China having acquired and exploited U.S. voter data, the results of a Michigan voter-registration investigation, and details on noncitizens on state voter rolls.

Tyler Durden Sat, 07/18/2026 - 12:50

The Falkland Islands: Don't Cry Argentina

Authored by Noel Williams via AmericanThinker.com,

Yesterday, Mr. Noel S. Williams noted the impudent and impertinent behavior of Argentina’s soccer players after their World Cup semi-final match against England (you’re welcome).

The unfurling of the banner that read “Las Malvinas son Argentinas” may have flown under the radar for many, but it was actually a rather sizable geopolitical offense.

The Falkland Islands Government has now issued a statement condemning the Argentinian team’s hubris.

Here is part of it:

That said, it is hardly news to anyone that the people of the Islands were victims of an aggressive invasion in 1982, which left many traumatised [sic].

The banner displayed by Argentina last night, therefore, was particularly insensitive for many people in the Falklands.

...

We welcome the UK Government’s supportive statement this morning.

The statement also calls upon FIFA to sanction their atrocious behavior in keeping with their categorical rules to eliminate politics from sports.

Now we will see if FIFA has really purged their inherently corrupt tendencies.

As for sport, frankly Argentina probably deserved to win the match because England essentially chose to lose (after taking the lead).

Nevertheless, their brutish behavior (fouls, simulations, swarming, and the “dark arts” in which they specialize) are not a good advertisement for the game.

Good sportsmanship and soccer don’t dovetail, but Argentina’s tactics scrape the bottom of the barrel.

Argentina does have a much-loved player named Lionel Messi, and a considerable fan base, but their soccer shenanigans are messy.

I hope FIFA president Gianni Infantino is not coyed by their fervor.

Since Argentina is now in the World Cup Final, he has the perfect opportunity to highlight the importance of FIFA’s rules about politics and sportsmanship by imposing punishment in a high-profile moment.

He said he wants the tournament to unite the world — prove it by sanctioning Argentina for the pariah they are.

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

Side-note, England play Argentina at Rugby later today and tensions are already rising...

Tyler Durden Sat, 07/18/2026 - 11:40

Venezuela Quake Disaster Tops 5,000 Deaths As 50,000 Remain Missing

Venezuela's official death toll from the twin earthquakes that struck the country on June 24 has surpassed 5,000 and could climb much higher.

New footage of the June 24th earthquake in La Guaira shows multiple buildings collapsing #Venezuela pic.twitter.com/hq1ywikhpA

— CNW (@ConflictsW) July 11, 2026

Poorly constructed multifamily housing complexes, built with low-quality materials under the socialist government's mass-housing programs, collapsed "like sandcastles" when the quakes hit the coastal state of La Guaira.

The devastating earthquakes in Venezuela exposed exactly how the socialist government built housing for their people. Look at this video from La Guaira.

The buildings in the Misión Vivienda program were constructed using expanded polystyrene (EPS) panels coated with a thin layer… pic.twitter.com/N4qLX7W3Xa

— Maila Maria Rosa (@MailaMariaRosa) June 28, 2026

The magnitude 7.2 and 7.5 quakes struck within seconds of each other, devastating Chávez-era socialist housing projects in La Guaira and reducing buildings to rubble.

As the Spanish daily newspaper ABC recently reported, "The explanation given by engineers and construction specialists is that low-quality materials were used in the Chavista Housing Mission, without supervision and without the application of anti-seismic standards."

Aerial footage shows the widespread destruction across La Guaira, Venezuela.
pic.twitter.com/KVUrstkx97

— Resist the Mainstream (@ResisttheMS) June 25, 2026

Local authorities reported 16,740 injuries and said that more than 6,400 people had been rescued from the rubble. The death toll surpassed 5,000 on Friday, while the United Nations estimates that more than 50,000 people remain missing.

2/
The UN estimates as many as 50,000 people may still be missing. Nearly 17,000 are wounded, and more than 21,000 are living in shelters. Recovery could cost $37 billion — while Venezuela's own funds sit frozen abroad.

— CEPR (@ceprdc) July 17, 2026

On Friday, acting President Delcy Rodríguez said that Venezuela has drawn on $346 million of its own reserves at the International Monetary Fund to begin reconstruction projects in the quake-ravaged region.

"My heart is with the people of Venezuela," IMF's Managing Director Kristalina Georgieva said in a post on X.

Supporting ongoing disaster relief efforts, the US military has shifted ships, rotary-wing aircraft, cargo planes, and amphibious landing craft to deliver vital supplies directly to damaged coastal infrastructure.

Racing the clock and clearing bottlenecks to help save lives in Venezuela:
Since mobilizing to Simón Bolívar International Airport in the aftermath of the earthquakes, the @usairforce Contingency Response Element (CRE) has been vital in accelerating the flow of critical relief… pic.twitter.com/pfIgvmFx8N

— U.S. Southern Command (@Southcom) July 17, 2026

US military forces supporting Venezuela's disaster response are helping stabilize the country after the devastating quake.

Still, the deployment is notable: US troops are now positioned inside Venezuela just as US military activity around Cuba could intensify, amid rumors of a potential invasion (read here).

Tyler Durden Sat, 07/18/2026 - 11:05

More Than 227,000 US Property Foreclosure Filings In First Half Of 2026

Authored by Naveen Athrappully via The Epoch Times,

A total of 227,548 properties in the United States made foreclosure filings in the first six months of this year, a 21 percent increase from the same period last year, according to real estate analytics company ATTOM.

The first half foreclosure filings are also up by 28 percent from the same period two years back, ATTOM said in a July 16 report.

In states with a minimum of 500 foreclosure filings, Idaho registered the largest year-over-year increase: 59 percent. This was closely followed by Colorado with 57 percent, Georgia with 52 percent, and North Carolina with 47 percent.

Foreclosure is a legal process by which a mortgage lender repossesses a property after the borrower fails to make mortgage payments on time. Initially, the lender issues a notice of default once payments are missed for 90 days. If the borrower fails to settle the claim within 30 days, the lender can repossess the property and sell it off.

In the first half of the year, 0.16 percent of all housing units made a foreclosure filing, according to ATTOM.

Florida had the highest rate, with 0.27 percent of housing units making a filing. South Carolina was in the second spot with a 0.26 percent rate, followed by Indiana and Delaware, both with a rate of 0.25 percent.

“Foreclosure activity continued to increase in the first half of 2026, but the broader picture remains one of a market that is gradually returning to more typical patterns,” Rob Barber, CEO at ATTOM, said in a statement.

Foreclosure filings in a year’s first half hit their lowest level in 2021 amid the COVID-19 pandemic, but have risen since. Prior to the pandemic, first-half filing numbers were higher than the 2026 figure for every single year between 2008 and 2019.

However, the filing increase in the first half of 2026 also suggests “that some homeowners may be facing greater financial strain than they were a year ago,” Barber said.

In a June 12 post, legal services company Nolo predicted foreclosure rates would gradually rise in the latter part of 2026.

The company cited factors such as high interest rates and reduced buyer demand as contributing to a growing housing crisis. Unless there is significant relief or intervention, the trend of rising foreclosures is likely to continue, it said.

High Mortgage Rates, Avoiding Foreclosure

The average weekly rate on a 30-year fixed-rate mortgage has mostly remained above the 6 percent level since September 2022, according to data from Freddie Mac.

Since mid-May, rates have been hovering around the 6.5 percent level. For the week ending July 15, rates were at 6.55 percent.

Meanwhile, demand in the housing market has subsided, with some house hunters backing off due to high costs, real estate brokerage Redfin said in a July 16 statement.

“High mortgage rates mean that even homes in the most affordable price point—under $350,000 in the Grand Rapids area—are a stretch for a lot of buyers, and they’re hard to find and competitive,” Christine Kooiker, a Redfin Premier agent in Grand Rapids, Michigan, said in a statement.

Elevated mortgage rates can raise monthly payments for homeowners who have taken loans at variable rates. This can squeeze them financially, potentially pushing some properties into foreclosure.

For homeowners struggling to pay their monthly mortgages, there are some ways they can avoid having their properties foreclosed. One way is to refinance the mortgage, according to a Sept. 26, 2025, post by financial services company Rocket Mortgage.

Refinancing can help a homeowner shift to a more affordable monthly payment plan in case the current one is financially challenging.

Another option is to seek mortgage forbearance from the lender. If a lender approves, mortgage payments may be temporarily paused or lowered to give the homeowner enough time to get their finances back in shape.

Tyler Durden Sat, 07/18/2026 - 10:30

US Strikes Take Out 116 Telecoms Towers In Southern Iran

Communications and even the supply of drinking water has been severely impacted in some places of southern Iran, amid continuing US airstrikes on civic and national infrastructure, amid the seventh consecutive day of war.

"Hormozgan’s chief of communications and information technology says the US's overnight attacks disrupted telecommunications in Bandar Abbas and Hajiabad, in the northern part of the province," Al Jazeera reports

Authorities there have tallied at least 116 telecommunication towers which were taken out of service due to the US onslaught. This has resulted in outages and disruptions of fixed-line, mobile, and internet services, per Tasnim news agency.

via Fars

This suggests the US is returning to a strategy which seeks to create destabilization within, targeting the ability of the public to communicate and access information, returning the situation to the early weeks of the war, which saw Tehran authorities themselves curb internet and some telecoms access for the citizenry.

It might also be that the US simply perceives infrastructure like telecommunications towers as utilized chiefly by the government and military, in a dual-use way, and so is ready to punish entire swathes of the country in order to cripple this ability.

It could be Washington still maintains the fantasy of fomenting a mass uprising against government leadership by imposing as much daily hardship and disruption, and economic pain as possible. Of course, the biggest squeeze is the blockade of Iranian ports and disallowing the country's ability to sell oil.

The Wall Street Journal this week observed that it will continue to be ordinary Iranians feeling the immense strain:

Iran’s economy is already buckling under the combined weight of years of sanctions and soaring inflation. The conflict has intensified those pressures by damaging factories, disrupting trade and payments, shutting down internet access and further weakening the currency.

Consumer prices in June were up 88.6% from a year earlier, according to official statistics. Just in the first few days of July, the price of a tray of eggs in Tehran shot up by 40%, to the equivalent of $3.30, according to Iran’s Fars news agency, which is close to the paramilitary Islamic Revolutionary Guard Corps.

It seems the US wants to create the conditions of a return to the January economic protests, which resulted in thousands of deaths, which involved protesters and rioters clashing with police and security services, the latter which suffered deaths too as clearly some of the anti-government elements were armed.

According to more of the Iranian economy's spiral via the WSJ report:

Iran’s gross domestic product is expected to shrink by 5.4% this year, according to forecasts by the International Monetary Fund prepared before the recent uptick in fighting. 

According to Kahalzadeh’s calculations, only the top 3% of Iranian households are able to afford the full food basket recommended by Iranian health officials. Many families are buying basic groceries like rice, meat and pasta on credit via a government program. Others are eliminating meat from meals and purchasing staples one at a time as their wages lose value.

Below: Despite US bombs blowing up vital telecoms infrastructure, there's a renewed effort by Saudi-Israeli aligned opposition media to accuse the regime of imposing a new internet blackout...

Meanwhile the war on infrastructure is only growing more aggressive and somewhat unprecedented. Power is one thing, but going after the population's water supply?...

"Iranian authorities also said the supply of drinking water to several villages in the south had been cut off, accusing the US of striking power facilities and desalination plant pumps in the village of Bonji, according to Tasnim," Al Jazeera writes.

Already Iranians nationwide have been urged to conserve electricity - for example by switching off air conditioners during peak hours, amid an ongoing severe strain on the power grid. Things look to get a lot worse for Iranians, and the outlook for broader war, before they get better.

Tyler Durden Sat, 07/18/2026 - 09:55

Meanwhile In The English Countryside...

Authored by Steve Watson via Modernity News,

A British woman out for a long countryside hike with her daughters found herself being shadowed by a creepy migrant male for miles.

The footage is clinical, relentless, and deeply unsettling. No confrontation is shown. No words are exchanged on camera. Just the steady pursuit across English fields and paths that once felt like the safest places in the country.

This is the England being delivered by successive governments that treat rural communities as dumping grounds for unchecked military aged foreigners.

?? Meanwhile in the English Countryside

Imagine being followed like this on a 10 mile Hike. This is England now. pic.twitter.com/CNMytntV8U

— Concerned Citizen (@BGatesIsaPyscho) July 17, 2026

In an instagram post, the woman wrote "This is what it's come to. Yesterday, in broad day light; I was out with my 3 little girls and this guy appears from no where, we were literally in the middle of a field and he just popped up and followed us until I managed to get us on the road where he then just stood and watched us."

She added, "My heart was racing as he was pretty close until he saw I was filming. My girls were absolutely petrified, I kept telling them, don't be scared, don't look back, just keep going. No one should be made to feel like this and we should be able to walk around, where we live without having to look over our shoulders, especially in broad day light."

Here are the original clips with a further commentary on the incident from the woman who says the migrant was making sexual noises at them.

View this post on Instagram - A post shared by Alicia King (@aliciaking1985)

View this post on Instagram - A post shared by Alicia King (@aliciaking1985)

The clip, shared widely this week, lands at the exact moment other stories reveal the same pattern. At Dungavel Immigration Removal Centre in South Lanarkshire, Scotland, male detainees were caught peering into women's bedrooms from outside.

A review by the Chief Inspector of Prisons found groups of men hanging outside the windows of female rooms. Forty-three per cent of the women, who need constant chaperones, said they felt unsafe going outside.

One woman told inspectors: "We cannot go outside because of the males and our time to do things are quick because of them."

The centre was also holding a man assessed as a risk of harm to women and another with impending prosecutions for sexual offences.

Vile illegal migrants caught on camera looking into women's bedroomshttps://t.co/ZnImlTXmaz

— GB News (@GBNEWS) July 14, 2026

The few female asylum seekers there were so distressed by the behaviour that staff escorts became standard. The men, according to the report, asked inspectors why they were not allowed to "mix with female detainees."

This is the same system now preparing to drop large numbers of single adult males into quiet English villages with almost no consultation.

In the tiny Oxfordshire village of Piddington, population around 370, residents recently voted 96 per cent in favour of a symbolic independence referendum. Nearly 180 adults cast ballots. One hundred and seventy-five said yes.

The trigger was the Home Office plan to house up to 1,250 single adult male asylum seekers at a former Ministry of Defence site sitting between Piddington and Upper Arncott.

Utility companies have already been instructed to prepare connections. Work is eyed for late summer. No detailed public proposal or full impact assessment has been published.

Parish Council Chairman Tim McNally described the result as "truly astonishing." He said: "Self-determination is what people want whilst they are being ignored and driven into a corner. This is a natural human instinct and reaction."

Local resident Graham Rixon put it more bluntly: "We're a village of 350 people - there's another village down the road of even less people, and they're going to dump 1,200 people here."

He added that most would probably not speak the language and that "inadequate provision has been made." Another resident, Gwen McEwan from nearby Arncott, called the prospect "frightening."

The site sits next to a children's play area. The nearest shop is more than two miles away with no pavement along the B-road. Residents note that people currently walk the village at night without consequence. That comfort is precisely what is being put at risk.

Similar plans have targeted other small communities. In one case a village of just 150 people faced 121 migrants placed in new-build houses next to a playground and primary school. Teenage girls began taking longer routes home.

In Barnham, Suffolk, a village of 600 faces over 1,000 asylum seekers at a disused RAF site two minutes from a primary school.

Residents have started teaching children to lock doors and stay quiet. Fencing already has holes.

In Crowborough, East Sussex, locals formed volunteer security patrols after hundreds of single male asylum seekers arrived at a former training camp. Women began carrying personal alarms and taking self-defence classes in daylight. One volunteer described the patrols as "a visible presence to provide safety and security. We are a deterrent."

The pattern is consistent. Single adult males, many arriving illegally by boat, are moved out of hotels and into rural sites with minimal infrastructure and even less local say.

Projections show migrants absorbing a large share of new housing while British households remain on long social housing waiting lists.

The policy is sold as ending the "hotel" image. In practice it simply relocates the same pressures onto communities that never asked for them and lack the policing or services to absorb sudden demographic change.

Rural England was once defined by the freedom to walk its paths without looking over your shoulder. That freedom is being eroded by design. The government treats small villages as surplus capacity.

The safety of women and children is treated as secondary to the political imperative of dispersing arrivals as quickly and quietly as possible.

Piddington's near-unanimous vote will not legally detach the village from the United Kingdom. It does something more important. It records, in public, the precise moment ordinary people decided they would no longer pretend this is sustainable.

The English countryside is not a warehouse. The people who live there are not collateral.

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Tyler Durden Sat, 07/18/2026 - 09:20