Zero Hedge

Retired Syrian General Who Fought ISIS 'Disappears' Inside Embassy In Beirut

Retired Syrian General Who Fought ISIS 'Disappears' Inside Embassy In Beirut

Via The Cradle

A retired Syrian general who commanded forces fighting ISIS was abducted by personnel from the Syrian embassy in LebanonAl-Akhbar reported on Saturday.

Adel Issa, an Alawite brigadier general from Tartous, entered the Syrian embassy in Beirut at 12:30 pm on Friday to arrange a power of attorney for a relative. His Syrian driver waited outside for him, but he never returned. As his driver waited outside, a car with several young men stopped and demanded that the driver hand over the retired general's phone, claiming they needed to register his passport.

Syrian Embassy in Beirut

The driver waited for Issa until 4:30 pm before going to the embassy entrance to inquire about him. A Lebanese guard prevented him from entering, telling him the embassy had closed an hour before.

After persisting, the driver was able to speak with an embassy employee who told him that Issa had left the embassy 20 minutes earlier. This surprised the driver, as Issa never came out of the embassy to have the driver take him home.

The driver then informed the general's family of the incident. They began making calls to locate him, but his phone was switched off after 3:30 pm.

The family contacted several Lebanese organizations for help in determining his fate, fearing he might have been illegally detained at the embassy, ​​given his status as an Alawite officer in the deposed government of Bashar al-Assad. There were also fears that he might be transferred to Syria and subjected to torture.

Since the fall of Assad's government in October 2024, Syria's new authorities, led by the former Al-Qaeda leader Ahmad al-Sharaa, have detained thousands of Alawite officers from the former army

Syrian authorities claim they are detained for committing war crimes during the 14-year war that began in 2011. However, in practice they are typically detained based on their religious identity as Alawites.

According to a December 2025 report by Reuters, Syria's prisons are overflowing with Alawite men who are held without trial and often tortured.

Al-Akhbar notes that Brigadier General Issa had retired more than six years ago. He continued to live in Tartous and move around Syria without being pursued by the new authorities.

He gave a statement before a Syrian court a few months ago regarding a financial dispute with someone without being arrested or prosecuted, as there was no warrant or legal case against him. However, roughly one month ago, a group of unknown armed men raided Issa's home and inquired about him.

Issa was unable to determine whether the armed men were from the official Syrian security forces or from an armed faction affiliated with the new government but operating outside the chain of command. As a result, Issa decided to leave Syrian territory for Lebanon.

The Syrian Justice Archive (SJA) noted that after news emerged of the detention of the retired general, an attempt was made to cover up his abduction at the embassy and make it appear as if it was part of a legal process.

Saudi newspaper Al-Sharq al-Awsat claimed that Lebanese authorities had arrested Issa and requested his judicial file from their Syrian counterparts to decide whether to hand him over to Syrian authorities. SJA notes that the evidence indicates that Issa was taken by Syrian embassy personnel, not by Lebanese prosecutors or police.

"If Syria wanted his arrest and extradition, the proper procedure would have been for the Syrian Prosecutor General to formally request his arrest and handover through the Lebanese authorities, not for him to be abducted while visiting the embassy after legally leaving Syria," SJA stated.

The Syrian embassy admitted later on Saturday that Issa had been held inside the embassy and that embassy staff then handed him over to Lebanese security authorities after he had spent more than a day detained inside the embassy.

The Britain-based Syrian Observatory for Human Rights (SOHR) reported that Issa commanded the Syrian army's 17th Division. In 2015, he was given command of all Syrian ground forces in the eastern governorate of Deir Ezzor, which borders Iraq, before he retired in late 2016.

Under Issa's command, the 17th Division was responsible for protecting Deir Ezzor from ISIS, of which self-appointed Syrian President Ahmad al-Sharaa's armed group, the Nusra Front, is an offshoot. The Nusra Front was later rebranded as Hayat Tahrir al-Sham (HTS).

Another scandal emerged last week when journalist Lindsey Snell reported that the Nusra Front member, Mohamad Qanatari, who had kidnapped her in northern Syria in 2016, had been named as charge d'affaires to the Syrian Embassy in Washington.

In 2012, Nusra was designated as a terrorist group by both the UN and the US State Department, despite covert US support for the group. Since HTS and Sharaa came to power, the US government has openly embraced members of the former terror group, including Sharaa himself, who visited the White House to meet US President Donald Trump in November 2025.

SJA reports that another disturbing incident involving the Syrian embassy in Beirut occurred earlier this week when a Syrian social media influencer, Hussein Abdul Qader al-Ahmad, was abducted after making a video for social media in front of the embassy.

In the video, Ahmad criticized the new extremist-dominated Syrian authorities, including President Sharaa – who formerly went by the nom de guerre Abu Mohammad al-Julani and is well known for dispatching suicide bombers and car bombs to kill thousands of civilians in Iraq and Syria.

After his abduction at the Lebanese-Syrian border, Ahmad appeared on Syrian government media in detention with visible marks on his forehead, suggesting that he was subjected to abuse or torture. He is now detained on charges of “insulting state symbols” and “provoking the feelings of Syrians.”

Tyler Durden Tue, 08/11/2026 - 03:30

North Korea Battles Record Heat By Prescribing Dog Soup And Propaganda

North Korea Battles Record Heat By Prescribing Dog Soup And Propaganda

In "that's enough internet for today" news...

North Korea has apparently found the answer to record-breaking summer heat: dog-meat soup, chicken broth and stories about how hard Kim Jong Un sweats, according to Reuters.

Pyongyang hit 98 degrees, on Thursday, which state media said was the highest temperature recorded in the capital. With tropical nights piling up, the regime has rolled out an unusually enthusiastic summer survival guide.

Some advice is straightforward: watermelon, cucumbers, mung beans and plenty of fluids. Then things get considerably more North Korean.

A doctor quoted by the ruling party’s Rodong Sinmun recommended “nutritious foods” including fish porridge, red-bean porridge and dog-meat soup, traditionally believed to help people endure summer heat.

The newspaper even published a separate feature celebrating dog-meat soup, reviving an old saying that soup spilled on your foot during the summer dog days “becomes medicine.” North Korea also held a national dog-meat cooking competition earlier this year, because apparently it's important there that someone determines who is the best at cooking dog.

For less adventurous diners, state media promoted samgyetang, a chicken soup stuffed with ginseng, rice and jujubes. Television broadcasts also offered advice on hydration, swimming and outdoor exercise.

According to Reuters no North Korean weather emergency would be complete without reminding everyone that Kim Jong Un is also very hot, possibly hotter than you.

State media recycled stories of Kim heroically sweating through previous summers, including a 2013 construction-site inspection where his clothes supposedly became soaked. Other reports recalled him trudging through mountains and rain in 2018 and inspecting a seafood factory in temperatures reportedly reaching 39°C.

What Kim is actually doing during this heat wave was conspicuously absent. North Korea has disclosed no heat-related death figures, while neighboring South Korea has reported more than 20.

So the official North Korean summer survival plan appears simple: drink water, eat some soup and, if things get unbearable, remember that the Supreme Leader once perspired at a construction site.

Tyler Durden Mon, 08/10/2026 - 22:10

"He Flipped": Family Warned Police Before Man With 9 Priors Filmed Street Attacks

"He Flipped": Family Warned Police Before Man With 9 Priors Filmed Street Attacks

Relatives of a Charlotte man accused of attacking women in public say his behavior had become increasingly unpredictable and violent, prompting them to contact authorities before his arrest, according to the New York Post.

32 year old Di-Quan Schafar Hunt was taken into custody Thursday after disturbing videos circulated on social media showing confrontations with women on Charlotte streets.

According to Hunt’s sister, the problems extended beyond the incidents captured on video. She said relatives had witnessed violent behavior within the family and had previously called police because they were concerned about him.

The Post writes that the family believes Hunt has been diagnosed with PTSD and bipolar disorder and says he has not been taking medication. His sister said they had repeatedly tried to find help for him and are now concerned about the possibility of his returning to the community without treatment.

Hunt also has an extensive arrest record, with at least nine previous arrests reported.

Videos connected to the latest case appear to show Hunt confronting women without warning. In one clip, a woman is knocked to the ground as Hunt shouts at her. Another shows a woman being shoved before Hunt pursues her around a vehicle.

His sister said she turned over video evidence to police and later helped officers locate him.

While expressing concern about her brother’s condition, she also said the women involved deserve justice and acknowledged that the situation has created fear for Hunt’s own family.

Tyler Durden Mon, 08/10/2026 - 19:40

My First Encounter With Trans

My First Encounter With Trans

Authored by Richard C. Crandall via American Thinker,

My first encounter with trans was in the early 1950s, when Christine Jorgensen became the first widely known person to undergo "sex reassignment" surgery. I remember some of my peers mocking Christine by threatening to swap the feminine lips and masculine mustache between Mr. and Mrs. Potato Head. After some laughter, eye-rolling, and snide smiles, seven-year-olds settled the issue: It was ridiculous - we called it crazy - to believe that Mr. Potato Head could become Mrs. Potato Head any more than a man could become a woman.

The trans issue reemerged with the Reimer twins, Bruce and Brian. In the 1960s, during what was supposed to be a routine circumcision, Bruce's penis was destroyed. Dr. John Money at Johns Hopkins University saw an opportunity to demonstrate that sex roles are a blank slate at birth and are shaped by culture, not genetics. He convinced Bruce's parents that with surgery, hormones, and therapy, Bruce could be successfully transitioned to female. Bruce was castrated, given hormones, renamed Brenda, and not told that he had once been Bruce. From the beginning, "Brenda" didn't like acting like a girl. He tore off his dresses and played with his twin brother's toys more than his own. After applying makeup, Brenda said he looked like a clown. By his early teens, Brenda was confused, depressed, lonely, and suicidal. When Brenda was finally told that he was Bruce, he realized that he was normal and that those trying to turn him into a female were the problem. Brenda became David, underwent penile reconstruction, a double mastectomy, and hormone treatment and married a woman.

For years after "Brenda" became David, Dr. Money claimed that Bruce's transition to Brenda was successful. After the truth came out, I again thought the trans issue was resolved. However, in what can only be described as a new level of hell, swapping parts between Mr. and Mrs. Potato Head has been replaced by dolls that allow children to swap internal and external sexual parts.

I hold the same view I did at age seven. I will reconsider my stance when trans advocates agree to the following conditions.

First, we can change our race. Whites who claim to be black or Native American are called race hoaxers, even though some have demonstrated substantial knowledge of and connection to their new race. A recent example involves a white woman who received injections to darken her skin and surgeries to enlarge her lips. She plans to undergo butt augmentation and surgery to widen her nose. She feels that she is black, even though she is told she will never be black. But if all it takes for a man to be a woman are feelings and mutilating surgery, shouldn't this woman's feelings and surgeries make her black?

Second, we can change our age. If the sex listed on a birth certificate can be altered based on feelings, why not the date of birth? Many people feel younger or older than their chronological age, and some even undergo surgery to look and feel younger. If feelings, rather than biology, determine one's sex, shouldn't they also determine age?

Third, we can be both sexes. Recently, a judge ruled that a man who doesn't identify exclusively as male or female can have a surgically created vagina in the space between his scrotum and anus. And just in time, we have sologamy, "the practice of marrying oneself." Would this be a heterosexual marriage?

Fourth, we can change our species. Individuals who feel they are reptiles tattoo their hands and faces to resemble snake or lizard scales. Those who want to become snakes undergo surgery to remove their ears and noses and have their teeth filed to resemble fangs. Those who identify as lizards have their fingers and thumbs amputated, leaving claw-like hands. They have also had their tongues surgically altered to look forked. If removing a penis and testicles transforms a man into a woman, then does removing ears and fingers transform a human into a reptile?

Fifth, we can become space aliens. To achieve this transformation, one man tattooed his body black and removed his upper lip, nose, and ears. Another man, in addition to full-body tattoos, cut off some fingers, his ears, and part of his nose. A third man has full-body tattoos and fangs. He also chopped off a finger on one hand and had the other hand surgically altered so that his fingers remain in a permanent "V" formation. Again, if feelings and mutilation can change a man into a woman, then don't feelings and bodily mutilation transform someone into a space alien?

Sixth, we can choose our nationality. If men who feel they are women are allowed to use women's bathrooms and locker rooms, then shouldn't people who feel they are of a certain nationality be allowed to live in the country they feel they belong to?

Seventh, it would be easier to adjust feelings to match the existing body than to mutilate the body to match feelings. Why do trans proponents accept only chemical and surgical mutilation to align the body with feelings when it is more rational and humane to use therapy to adjust feelings to align with one's sex?

Eighth, feeling the desire to amputate a healthy arm or leg is abnormal. Body Integrity Dysphoria (BID) is a condition in which the body does not match how someone feels it should look. This goes beyond simply feeling that one's nose is too big or one's breasts are too small. Individuals with BID feel they have too many arms or legs, leading them to want the problematic limb amputated. Others with BID may wish to be paralyzed or to lose their hearing or sight. If chopping off a healthy arm is abnormal, then isn't removing healthy sexual organs also abnormal?

Ninth, we can belong to the ethnic group of our choice. Shouldn't feelings be enough to belong to an ethnic group?

Tenth, we don't need to accept and accommodate individuals' feelings about their identities. If a man who feels he is a woman also feels he is a queen, do we need to accommodate his feelings by addressing him as "Your Majesty" and bowing to him?

Eleventh, the feelings of trans people do not supersede those of people who believe trans people are mentally ill. Trans people demand that others tolerate their feelings, yet they don't tolerate others' feelings. We have seen men who look like men but feel they are women become unhinged when addressed as "sir" rather than "ma'am." There is the same lack of tolerance for those who feel that men pretending to be women should not be allowed to participate in women's sports. They are even incapable of tolerating a T-shirt featuring the logo "XY ≠ XX." If trans people don't respect others' feelings, then can't others disrespect the feelings of trans people?

Feelings do not change reality, and the reality is that there are no Joseph Mengele, Dr. Moreau, Dr. Fauci, or Dr. Frankenstein medical procedures that can turn us into space aliens, reptiles, or the opposite sex.

Image via Pexels.

Tyler Durden Mon, 08/10/2026 - 19:15

Study Finds 93% Of Avocado Oil Chips Contain Other Oils. There Is A Solution ...

Study Finds 93% Of Avocado Oil Chips Contain Other Oils. There Is A Solution ...

A new University of California, Davis, study found that a shocking number of avocado oil-labeled chips at the supermarket, marketed as a healthier alternative to toxic seed-oil chips, might not be made with pure avocado oil and, in fact, contain other oils.

UC Davis researchers tested 54 avocado oil-labeled products purchased from California supermarkets and online retailers in 2025 and 2026 and found that 48, or 89%, contained cheaper oils despite being labeled as containing premium avocado oil. The failure rate included 93% of chips, and beyond the snack aisle, 71% of mayonnaise products and 100% of salad dressings tested also failed.

"Consumers are increasingly paying a premium for products made with avocado oil or olive oil," lead author Selina Wang, Professor of Cooperative Extension in the UC Davis Department of Food Science and Technology, stated in a press release. "They deserve to get what they pay for and food manufacturers deserve confidence that the ingredients they purchase from suppliers are authentic."

The Trump administration helped propel the MAHA movement into the mainstream, prompting millions of consumers to reevaluate what's actually in their food, including the widespread use of seed oils amid study after study showing potential health effects:

Results by brand:

There is only one real solution here: take control of what you eat. We've long believed that winning the information war starts with properly fueling the brain, which means getting back to real food and cutting out as much ultra-processed junk as you can.

And if you're still going to snack on a bag of chips, why not just keep it super simple? Potatoes cooked the old-fashioned way in actual grass-fed beef tallow. No mystery oils. No ingredient-label guessing games. Just a better chip.

Tyler Durden Mon, 08/10/2026 - 18:50

FBI Working With DHS, ODNI On Election Integrity: FBI Director

FBI Working With DHS, ODNI On Election Integrity: FBI Director

Authored by Frank Fang and Jan Jekielek via The Epoch Times,

The FBI worked with the Department of Homeland Security (DHS) and the Office of the Director of National Intelligence (ODNI) on the recent disclosure by President Donald Trump on foreign influence on U.S. elections, agency director Kash Patel said.

FBI Director Kash Patel speaks during an interview at the FBI headquarters in Washington on Aug. 4, 2026. Madalina Kilroy/The Epoch Times

During an interview with EpochTV's "American Thought Leaders," aired on Aug. 8, Patel said the three agencies worked as partners, but the FBI played a smaller role, while DHS and ODNI had the technical capabilities and a remit focused more on overseas incidents involving U.S. election infrastructure.

"We shared our information. We made a lot of our information public through President Trump's speech the other week," Patel said.

Patel said the three agencies acted at Trump's direction.

"I think the president was right to go to the nation and the world and put forth this information, but it was only possible because the president directed us to declassify and divulge this information to the American public and the world," Patel said.

In a primetime address on July 16, Trump announced the declassification of documents that showed China had illicitly acquired 220 million U.S. voter files, including names, addresses, phone numbers, and other information.

"This data loss presents an unprecedented election security nightmare," Trump said during the address.

Trump did not explicitly claim that China altered the outcome of the 2020 presidential election.

China began targeting him in an operation in 2018, Trump said, citing a CIA report that described an effort to "reduce [his] votes and make him resign or prevent his reelection."

The CIA report found "China was working to influence the results of the U.S. midterm elections, and later the results of the 2020 presidential election itself," according to Trump.

In 2019, China had a strategy focusing on "undermining domestic confidence in the U.S. president," Trump added.

"They wanted to just make [it] sound like your president wasn't so hot when actually your president has done a great job," he said.

That strategy included influencing U.S. business leaders to turn against him, Trump said.

"The Chinese government sought to identify U.S. journalists who had reported negatively on the U.S. president and pay them large sums of money to write more negative articles about him, as many as they could," he said.

The declassified documents included a CIA wire memo from July 2000, which included information from the FBI, showing that the Chinese Communist Party was targeting "personal e-mail accounts of senior US leadership, including officials in the Executive Office of the President and high-ranking officials in multiple Executive Branch organizations, Congress, and the federal judiciary."

Separately, a National Intelligence Council report found that "Beijing has expanded its cyber collection of data related to the 2020 US elections by carrying out opportunistic intrusions against US private-sector entities in efforts to collect information on US political candidates, campaigns, donors, and voter data."

Trump's claim on China's election interference by targeting American voter registration data was backed by the heads of the ODNI, the National Security Agency, the CIA, and the Department of Homeland Security, according to a White House fact sheet released on July 30.

In September 2025, Patel discussed China's threats extensively during a hearing before the House Committee on the Judiciary.

China "presents the greatest and most sophisticated cyber threat to U.S. public safety and national security," Patel said, according to written testimony.

He singled out one particular Chinese threat group, "Salt Typhoon," which had breached the networks of multiple telecommunications companies in the United States and elsewhere.

Patel also noted in his written testimony that all 55 of his agency's field offices had active Chinese counterintelligence investigations.

"This calendar year alone, as I was mentioning, our counterintelligence operations and cases brought against the Chinese are up by something like 40 percent," Patel told House lawmakers at the hearing.

"The PRC [People's Republic of China] has deliberately created an environment that abuses global interconnectedness and encourages intellectual property theft, using human intelligence officers, corrupt corporate insiders, and reckless and indiscriminate cyber intrusions," Patel stated in his written testimony.

Watch the full 'American Thought Leaders' interview below, covering a great deal more than election integrity:

00:00 Intro 
1:31 World Cup Security 
4:17 Scam Centers & Operation Blackout 
6:55 Pig Butchering Scams 
11:25 Slaves in Scam Compounds 
13:19 Why's the FBI Working with China's MPS? 
19:00 How Does the FBI Get the Money Back?
23:41 Advice to Viewers on Scams 
26:00 Chinese Interference in 2020 Election
28:26 Removal of Spies 
31:42 CCP Targeting Americans with Security Clearances 
35:26 Tackling Transnational Repression
38:40 Terrorist Attacks Thwarted
41:26 What is the Director's Strategic Information Center (DSIC)?
44:33 Major Reforms at the FBI 

Tyler Durden Mon, 08/10/2026 - 17:00

Trump Shares Hillary Clinton Op-Ed Backing His Gaza Plan In Face Of Bibi Rejection

Trump Shares Hillary Clinton Op-Ed Backing His Gaza Plan In Face Of Bibi Rejection

President Trump is currently experiencing a rare moment of his plans for the Mideast region being rejected on multiple fronts - even among allies, apparently. Israeli Prime Minister Benjamin Netanyahu over weekend rejected a US-backed 15-point peace plan for Gaza, which marks a rare and very glaring public break with Trump.

Netanyahu was surprisingly up front in acknowledging the complete break in policy vision from the White House. "Contrary to all those who preach to us, we do what must be done for Israel’s security and we can and will stand our ground even against our best friends when necessary," he stated.

He said he was confronting a "wave of rumors about Israeli weakness and Israeli withdrawals on all fronts" and made clear that Israel won't succumb to ongoing US pressure to end wars in Gaza, Lebanon and Iran - unless Israel decides it is in its security interest.

Anadolu/Getty Images

Netanyahu was explicit on rejecting Trump's Board of Peace plan which was presented in July:

"Israel rejects the 15-point document," Netanyahu said at the start of a cabinet meeting on Sunday, speaking in Hebrew. "The IDF will not make any withdrawal until Hamas is truly disarmed and will continue to thwart threats against our forces and citizens."

A Hamas statement in the meantime stood by the plan. It said the group "affirms its commitment" to Trump's 15-point plan for the second phase of the ceasefire agreement with Israel, "and establishing a clear timetable for their implementation."

"We call upon the mediators, guarantors, and the Peace Council to assume their responsibilities, ensure the commitment of all parties to what has been agreed upon, and prevent any violations or breaches that could disrupt the implementation process or undermine the ceasefire agreement," the Hamas statement added.

Even CNN has picked up on the fact that Netanyahu - whose government receives literally billions of dollars in US funds and arms each year - has been unusually blunt in his rejection of Trump's big initiative:

On tricky issues, Israeli prime minister Benjamin Netanyahu’s preference is to kick the can down the road. If he must take a position, he likes to include a twist of ambiguity, some wiggle room, just in case things get hairy later. Not this time, though, on the subject of US President Donald Trump’s roadmap for progressing the Gaza ceasefire agreement.

While the Israeli leader risks facing the wrath of Trump, it has been about a full day since reports of the glaring Israeli rebuff have emerged, and yet there's been no immediate Truth Social diatribe or statement calling out Bibi.

And now the Middle East strategy "Ls" are piling up, the same outlet observes:

The US president – more desperate than ever for a win, as his Iran folly looks increasingly like handing him an L – reinvested in Gaza 10 days ago, declaring that his Board of Peace had reached a “historic agreement” with Hamas for its complete disarmament. The board’s top envoy, Nickolay Mladenov, went on to explain carefully on X that decommissioning would need to take place “in lockstep” with Israeli troop withdrawal, suggesting a phased process by which the Israel Defense Forces (IDF) would pull back in stages from positions inside Gaza, as Hamas turned in its arms.

It could be that Netanyahu too sees Trump up against the ropes when it comes to the Middle East, and views this as an opportunity to assert Israel's 'least-bad option'.

Again, Trump has remained quiet on the Netanyahu issue, but surprisingly presented 'validation' from an unlikely source - former Secretary of State Hillary Clinton, who said she supported his Gaza plan.

She argued in an op-ed that there is no alternative to Trump's Gaza plan, and that she's still able to acknowledge this despite being an "implacable opponent of the president".

Perhaps Trump might be telling himself that Netanyahu's public betrayal is just an "election thing" and so he must speak primarily to domestic voters, given the country's general election is just under 12 weeks away.

Tyler Durden Mon, 08/10/2026 - 16:40

Democrats' Frankenstein Turns: Communist Ghost Dance Now Set To Devour The Party

Democrats' Frankenstein Turns: Communist Ghost Dance Now Set To Devour The Party

Authored by James Howard Kunstler,

"Kill them. Murder them. Let the streets soak in their red capitalist blood.”

- Hasan Piker

You can’t overstate the power of ideas, especially bad ideas, and super-especially bad ideas that are really just manifestations of emotional states such as envy, vengefulness, enmity, sloth, and greed. Did somebody say communism? A lot of people are saying it lately. This garbage barge of management nostrums for the ills of advanced industrial society has steamed back into New York Harbor and is busy now dispatching its agents across the land.

It’s yet another youth movement in an America which cultivates them at regular intervals associated with Fourth Turnings. I happened to be in college during the last one, the hippie rebellion of the late 1960s. It was mostly adolescent sexual energy tinged with resentment over the military draft and the war that went with it, plus a lot of marketing opportunities for music and clothing.

The US economy back then was still a roaring industrial engine. The comforts of that bygone time are legendary. You could easily support a family on an assembly-line job. College was cheap as hell — my State U charged about $500-a-year for tuition and room-and-board. (Imagine that!) You could hide-out from the draft there, too. The new birth-control pill turned campus life into a non-stop orgy with classes for R & R. Is it any wonder that the hippies morphed so easily into hedge funders?

This time around it’s pretty ugly for the youth demographic. College for them turned out to be a life-altering swindle, burdening the young with unpayable loans that can’t even be escaped via bankruptcy. Even the sex angle was ruined by vindictive feminism and the trans fad. Work is scarce and it’s nearly impossible to make a living at it, that is, pay for food and a roof over your head (and, ugh, those loan repayments!). Plus, work is mostly found only in meaningless service to despotic corporations. The most enterprising might land a job in an NGO, but the work there is “activism,” which is pretend work, productive of nothing but the acting-out of grievances.

These grievances, it has been noted by many high-toned observers like VDH, are real enough to provoke a desperate reach for remedies, and communism is a ready-made portfolio for all that. In the 1960s, we still had the reverberations of the civil rights crusade setting a basic moral tone for hippiedom. But fifty years later, that has all mutated into a race-and-gender hustle that adds so much piquancy to the recycled communist agenda. (Note that a hustle is a low-grade racket, and a racket is an effort to get something for nothing.)

So, today’s communist program is not just a war against the injustices of capital, but a jihad against the Western Civ horse that capital rode in on, and most particularly the white horseman up in the saddle.

Hasan Piker, the present guru and demigod of the movement, put it pretty plainly in a Twitch-stream a few years back when he was rising to stardom on Uncle Cenk Uygur’s Young Turk Network.

“We want more immigrants to come into your countries and then they’re gonna fuck your sisters and then your daughters — we’re here to destroy the White race, bitch.”

Piker is also a leading amplifier of Jew-hatred and other calumnies such as the USA “deserved” the 9/11 attacks. Apropos of our action in Iran, Piker quipped, American soldiers should be shot at like cattle (link).

Piker is rumored to have earned over $6-million on Twitch. He’s quite tall (6’4”) ripped, and a snappy dresser, often sporting old-fashioned sport-jackets with a necktie (dress for success?) and is probably catnip to the cat ladies of Gen Z, who comprise the bulk of the activist corps of the rising Gen Z Democratic Socialists - as the communists have styled themselves to avoid stimulating any action around the Communist Control Act of 1954 (50 U.S.C. §§ 841–844), which categorizes the Communist Party per se as “an instrumentality of a conspiracy to overthrow the Government of the United States.”

The dapper Hasan Piker, dressed for success

Altogether, Hasan Piker and the Democratic Socialists pose quite a vexing problem for the pathetic, old, square, bloviating chuds in the Democratic Party of the Chuck Schumer / Cory Booker ilk. Other bloggers (e.g., Jeff Childers at Coffee & Covid) have observed that Democratic Socialism is the monster that the Dems have been working on sedulously for more than a decade in their Frankenstein lab of Gramscian cultural overthrow. The monster has escaped and is now out on the highways and in the hedges terrorizing the public.

You are surely aware that the entire regular agenda of the Democratic Party has for some time been patently insane. They are still wasting the nation’s patience with debates over the self-evident idiocy of men in women’s sports, resistance to the deportation of illegal immigrants, and their obviously evil opposition to voter ID. Communism is just the icing on that fruitcake. The recent primary election victories of such prodigies as Abdul El-Sayed, Melat Kiros, and Darializa Avila Chevalier, along with the ongoing capers of Mayor Zohran Mamdani pretending to govern New York City, must be giving the old guard the vapors.

And yet, the most pathetic actual commie among them, Sen. Bernie Sanders (I-VT), the Jewish, Israel-hating alte kocker, abides and even thrives in his new role as Godfather to this hatch of larval communist youth. This is Bernie’s revenge on the party that robbed him of two presidential nominations.

He’s doing what all good Jacobins do — what they live for! He has sentenced his old comrades of the DNC to death. He’s stuffing his old enemies into the tumbrel and carting them off to the public square for execution.

They can see it coming and it’s giving them the heebie-jeebies.

And finally, of course, the Mamdanis and El-Sayeds and their spawn will come for Bernie, too, leaving only AOC in the ensanguinated ruins to become America’s Eva Perón.

Wait for that!

Tyler Durden Mon, 08/10/2026 - 16:20

Oman Says Oil Spill From Grounded Tanker Near Coast Covers 400 Square km

Oman Says Oil Spill From Grounded Tanker Near Coast Covers 400 Square km

Leaking crude oil from a tanker grounded off a nature reserve in Oman has created a slick covering almost ‌400 square kilometres, a size six-and-a-half times the land area of Manhattan, the country's government said on Monday. The Caroline Bezengi is loaded with close to one million barrels of Russian oil bound for Asia and first reported difficulties on June 8 off Yemen, with two maritime security sources saying initial assessments indicated a blast had occurred onboard. No party has taken responsibility for ​attacking the vessel.

Oman, in its first public disclosure on the environmental impact, said on Monday it was seeking to tackle ​the oil leak near the Hallaniyat Islands. 

Oman's Sultan Haitham bin Tarik issued a royal decree last year creating ⁠a nature reserve around the islands, an area that is home to wildlife including Arabian Sea humpback whales and Socotra cormorants.

The oil ​slick covers some 390 square km (150 square miles), Oman's Environment Authority said in a statement carried by the state news agency, adding that ​there was no concern for facilities in the area including water desalination plants and tourist facilities.

Environmental group Greenpeace last week estimated the slick at around 600 square kilometres citing analysis of satellite imagery.
It extends northeast of the islands and is within an estimated seven kilometres of the coast, the authority said.

A spill of ​this scale requires dispersant be sprayed across the affected area by aircraft and the use of booms and other equipment to collect ​the oil before it reaches the shore or sinks to the sea floor, said Tony Gutierrez, professor of environmental microbiology and biotechnology at Edinburgh's Heriot-Watt University.

"If ‌this ⁠oil is kept offshore, the impact will be much less than if the oil reaches shallower waters and the actual coastline," he said, citing the impact on diverse marine life such as coral, birds and fish.

"You could find oil still there years later. And that's what happened with Exxon Valdez. Ten years down the line, there still were remnants of oil," he said, referring to a 1989 spill in Alaska.

An ​analysis by Reuters of satellite ​imagery and shipping specialists showed the ⁠spill from the stranded 274-metre (900-foot) tanker was still spreading at the end of last month, raising concern about possible environmental damage.

The Caroline Bezengi loaded at Russia's Black Sea port of Novorossiysk in April and passed ​through the Suez Canal at the end of May, ship-tracking data shows.

The grounded tanker had previously been sanctioned by the UK and the European Union over its role in transporting Russian oil. It was last seen sailing under a false Cameroon flag, according to the Equasis maritime database. 

Built in 2001, it is ​part of the ⁠so-called shadow fleet of older oil tankers used by Russia which lack Western insurance cover and sail under the flags of various nations to obscure their true ownership. It was listed on public shipping databases as flying the Cameroon flag but was among 39 vessels de-listed from Cameroon’s ship registry ⁠in June. The ​ship is subject to sanctions imposed by the European Union, Ukraine, the UK, ​Canada and Switzerland.

It was unclear how the ship became stuck, but it was hauling about 1 million barrels of Russia’s Urals crude loaded in mid-May. Ukraine has repeatedly attacked ships carrying Russian oil. However, the vessel is further away from Russian waters than ships Ukraine has hit in the past.

Its registered owner is Rentoor Shipmanagement Ltd and its manager is Villar Shipmanagement Ltd, according to LSEG data. Reuters could not immediately reach those firms, which appear ​to be based in China.

Authorities are working to identify the sources of the leak, contain the environmental damage, secure the vessel and safely transfer its remaining oil cargo, the news report added. They’re also conducting aerial surveillance, subsea diving inspections and field surveys, using satellite imagery and environmental modeling to track the slick’s movement and forecast its drift.

Tyler Durden Mon, 08/10/2026 - 15:45

$20 Million In Cocaine Found Beneath Floorboards Of Truck Trailer At California Border

$20 Million In Cocaine Found Beneath Floorboards Of Truck Trailer At California Border

By Phil Brink of FreightWaves,

Federal officers uncovered more than 1,000 pounds of cocaine concealed beneath floorboards on a commercial truck’s attached flatbed trailer. The truck arrived at California’s Calexico Port of Entry. Authorities estimated the recovered narcotics were worth more than $20 million. The shipment also included 269 bundles of rebar.

The driver, Jose Manuel Lopez Lopez, was the truck’s only occupant, according to federal prosecutors. Lopez, 44, entered the United States from Mexicali, Mexico. Officers arrested him after finding 366 packages within the trailer. The cocaine weighed 1,002.13 pounds, or 454.56 kilograms.

Inspectors find drugs beneath trailer floor

Customs and Border Protection officers X-rayed the attached flatbed during the border inspection. The scan showed anomalies in its wooden floorboards. A drug-sniffing dog then alerted officers to the equipment. Investigators unloaded the rebar before removing the planks.

Officers found packages stuffed beneath those boards, the U.S. Attorney’s Office reported. Homeland Security Investigations agents assisted the inquiry. Drug Enforcement Administration personnel also participated in the case. Prosecutors described the amount as “a tremendous amount of drugs, even by the standards of this district.”

The recovery marked the Southern District of California’s second-largest cocaine seizure during 2026. The larger May investigation began with a months-long task force inquiry into a supposed retail store near Otay Mesa. Agents later found a 1,933-foot cross-border tunnel stretching from Tijuana to the business. Authorities estimated the passage reached 55 feet deep and included reinforced walls, rails, ventilation and electricity.

Federal prosecutors charged four people after officers seized 1,029.60 kilograms of suspected cocaine, or 2,269.87 pounds. Authorities estimated that May recovery had a value of more than $45 million. Investigators found the tunnel’s exit beneath a storage-room floor at the Buy 4 Less store. A hydraulic lift concealed the access point, according to the U.S. Attorney’s Office.

Driver enters not-guilty plea

Lopez pleaded not guilty during his federal arraignment July 28. U.S. Magistrate Judge Lupe Rodriguez Jr. scheduled his detention hearing for Aug. 3 at 10 a.m. Court records list the matter as case number 26-mj-08705. Assistant U.S. Attorneys Paul Benjamin and Lawrence Casper are prosecuting the case.

Prosecutors charged Lopez with importing cocaine into the United States. The charge falls under Title 21, U.S. Code, Sections 952 and 960. It carries a mandatory minimum prison term of 10 years. A conviction could bring a maximum sentence of life in prison.

The California Homeland Security Task Force investigated and prosecuted the matter through Operation Take Back America. Customs and Border Protection, Homeland Security Investigations, and the Drug Enforcement Administration handled the investigative work. The federal charge remains an accusation. Lopez is presumed innocent unless proven guilty in court.

Why it matters

Criminal organizations can use legitimate commercial equipment and ordinary cargo to conceal high-value contraband. Freight professionals should understand how a routine-looking shipment can carry risks beyond theft or fraud.

Tyler Durden Mon, 08/10/2026 - 15:25

We Need More Tom Sellecks, Less Mark Ruffalos

We Need More Tom Sellecks, Less Mark Ruffalos

Authored by Christian Toto via American Greatness,

Tom Selleck destroyed the so-called Queen of Nice in 1999 without even trying.

The Magnum, P.I. alum sat down with Rosie O'Donnell a short time after the Columbine High School shooting that left 14 people dead. The host's "nice" shtick crumbled in real time as she savaged Selleck for his NRA support. He was simply there to promote his movie, but she bullied him anyway.

"Now you're questioning my humanity," the actor said following her line of attacks. O'Donnell's image never fully recovered, while Selleck has maintained his star status, in part, by never getting nasty or political.

The Blue Bloods star's nonpolitical persona is even more admirable today, and the 81-year-old is sticking to it. He appeared on CNN recently as part of the Ronald Reagan Presidential Library tour. Selleck is a fan of the late president, hardly a controversial take.

The CNN reporter pressed Selleck on the current state of the country and, more specifically, President Donald Trump. Selleck wisely refused the bait.

"Well, [Trump is] certainly a mixed bag. I stay out of the current political world. Why piss off half the country when you're in the business of entertaining people?" he said.

He's right. Except plenty of artists can't stop doing just that.

The worst example remains Snow White star Rachel Zegler. The 20-something actress insulted that film's source material and, later, told Trump supporters they should "never know peace."

Her film lost a reported $170 million for Disney.

Last month, actor Alan Ritchson of Reacher fame slammed both the Catholic Church and President Trump during an angry podcast interview. His new film, Motor City, bombed at the box office.

Far-Left actor Mark Ruffalo won't stop sharing his socialist views in interview after interview. He's the anti-Selleck, spouting off at any opportunity.

Yet he wisely avoided controversy while promoting his co-starring role in Spider-Man: Brand New Day. The team behind the film must have been high-fiving behind the scenes as the movie broke the all-time record for an opening weekend haul.

No cleanup on aisle 4 - aka doing damage control for Ruffalo's hot takes.

Stars are increasingly political in the modern era, but the results aren't always so clear-cut.

The culture wars surrounding Christopher Nolan's The Odyssey didn't hamper that film's gargantuan box office haul, nor did its co-stars' woke comments.

Many politically active stars remain in demand, as moviegoers refuse to boycott their work. Heck, Ruffalo has five IMDb credits in 2026 alone.

Still, for some, an actor's chronic political talk, often couched in extreme or cruel fashion, is a deterrent for consumers.

Selleck never has to worry about that. He's kept the focus on storytelling for decades, and he has a fine career to show for it. A newer crop of stars has embraced the Selleck standard, rejecting the Left's "politics at all costs" mantra.

We recently saw Kevin James, Michelle Yeoh, and Neil Patrick Harris refuse to engage in political opinions during press exchanges. Their silence was noteworthy for good reason. They're the exception to the new celebrity rule.

Will journalists be pressing Zegler or Ritchson about their newest projects when they're in their eighth decade, as they do with Selleck today?

Christian Toto is the editor of HollywoodInToto.com - "The Right Take on Entertainment." He's an award-winning journalist and movie critic whose film reviews are heard on radio stations across the country. He co-hosts Denver's Mike Rosen at the Movies radio show on KOA NewsRadio as well as the weekly "Hollyweird" segment on The Michael Brown Show.

Tyler Durden Mon, 08/10/2026 - 14:40

Great And Unfortunate Fabrications

Great And Unfortunate Fabrications

Authored by Roger Kimball via American Greatness,

Jason Arday should ask for a cover charge. His entertainment value is that splendid. For the last couple of weeks, the "youngest ever black professor" at the University of Cambridge has been a nearly ubiquitous and nonstop source of hilarity. The proximate catalyst for the comedy is the imminent publication of Great and Unfortunate Things, co-written with the "book doctor" Eve Claxton. It is due out on August 11 from Simon & Schuster. Amazon lists it as an "Editor's Pick" of "Best Biographies & Memories." "A story of resilience, dignity, and the extraordinary power of those who hold steady for us when we cannot yet hold steady for ourselves," says one blurber. "Makes you believe in the transformative power of grit and the magic of a mother's love," quoth another. A story easily worth the "$1.4 million" advance that Jason said he was offered for the book (though that figure is disputed). Did you know that poor Jason, now 41, was "diagnosed with autism and developmental delays at age three, and experts told his parents he would never speak, write, or live independently"?

And that was the least of Jason's trials. The Atlantic got hold of an advance copy of the book and drew attention to what some have delicately described as numerous "inconsistencies" in Arday's account of his life story. Comparing the final book with the book proposal, the author of "Icarus in the Faculty Lounge" uncovers some amazing things. In his proposal, Arday recounts being hit by a car, spending months in a sort of conscious coma, then waking up and having to relearn "everything - how to walk, to talk." That remarkable experience is, we are told, entirely omitted from the book, as is his bout with testicular cancer (in the book he grapples with not one but two brain tumors). Arday has apparently never been to Brazil, but that quotidian fact did not prevent him from encountering a mysterious "shaman woman" there who predicted that he would suffer greatly but also achieve great things. "Every event she described has since come to pass," he wrote.

Time itself is plastic in Jason Arday's hands. He somehow managed to appear on the television program Seven Up more than 20 years before he was born. He is also a remarkable athlete, having run 30 marathons in 35 days. Take that, Pheidippides! Clearly, Great and Unfortunate Things should not be categorized as "memoir" or "biography" but fantasy. But the blatant fabrications in the book are only the tip of the Arday midden. There is a vigorous online debate now about whether Simon & Schuster will pull the book before publication. If I were a betting man, I would put a fiver on the cynical side, saying, "No, they'll go through with publishing Arday's drivel. They are that craven." We'll know whether I am right on Tuesday. But speaking of "drivel," take a moment to absorb this 40-minute dollop from the master himself. How proud Cambridge must have been!

Like Shakespeare's Autolycus in A Winter's Tale, Arday also seems to be a "snapper-up of unconsidered trifles," i.e., a plagiarist. Last month, the London Telegraph published a story listing more than 100 passages from Arday's doctoral dissertation that were "identical or nearly identical to a 2009 PhD thesis by Paula Zwozdiak-Myers, a Brunel University student." Does that list prove that Arday is guilty of plagiarism? Outside the universe of Jorge Luis Borges, I would say yes, it does. But when Cambridge was first shown the evidence of plagiarism, it dismissed it as part of a "vile campaign to undermine his credibility." Vile or not, the allegations were irrefutable. Arday has just resigned his professorship. One enterprising blogger reports that Arday's letter of resignation was put through an AI-writing detection program and was determined to be "fully AI-generated" with high confidence. Consistency! I like to see it. Arday hasn't admitted any wrongdoing, though. He is just moving on to his "next phase." Nolo contendere, as Spiro Agnew once put it.

Have I mentioned that Arday is black? He is, and you will not be surprised to discover that among his fabulations are charges that he has suffered from numerous racist attacks. "There has been," he said in an interview, "a very well-orchestrated and coordinated campaign to unseat me from my position. The motive is racially motivated. I think there's a reason why it's me, and I do think that reason is aligned to ableism and racism." When questions about Arday's thesis surfaced, Jack Grove, a reporter for the Times Higher Education, started looking into "anomalies" in Arday's CV and the charges of plagiarism. Arday promptly reported Grove to the Metropolitan Police, claiming harassment. The police opened a four-month inquiry to investigate the charges. They have subsequently apologized.

Almost everything about Jason Arday is fake. He was described as a "professor of sociology." But his degrees are in education, not sociology. He naturally continues to enjoy support from the academic left. "The glee of the right over the Arday case," runs one typical effusion, "is indicative of how unsafe academia is for Black scholars and of an attempt to erode whatever fragile safety still exists." But who said anything about black scholars? The leader of the Green Party, Zack Polanski, signed a letter claiming that the allegations against Arday were "entirely false." Blacks, you see, are often "held to higher standards" than whites. What a card Polanski is!

Two points. First, the tsunami of ridicule building around Jason Arday assures that he will be consigned to the graveyard of exposed fraudsters. Already the memes are burgeoning. Jason Arday beat out Neil Armstrong to be the first man to walk on the moon. The Bayeux Tapestry is making a long stop at the British Museum. You'll see that Jason Arday occupies a prominent place in it and was, in fact, responsible for William's victory at Hastings in 1066. Arday was also there with Nelson on the Victory at Trafalgar in 1805. I've seen the picture. "Historians now believe Britain would never have achieved naval supremacy without him." Ha, ha.

That's the droll side. But we must not let it conceal the dour reality that underpins the comedy. Which brings me to my second point: to wit, the politically inspired intellectual bankruptcy of the University of Cambridge. X recently listed "Cambridge Gender Studies PhD Topics Draw Online Mockery" as trending. Quite right, too. Here are a few:

  • Traditional Cultural Norms, Technology and Gender Relations in Ghana
  • The Political Economy of Female Circumcision
  • Unsexed beings: constructing gender, humanness, and agency through the use of the word "unsex" in Late Modern British society and writing
  • In Her Own Words: A Study of Women's Voices in Contemporary White Supremacy and Far-Right Online Hate
  • Legal Mobilization by Black Lesbian, Bisexual and Queer (LBQ) Womxn in Kenya and South Africa
  • Exploring gendered embodiment in transgender and gender-diverse adolescents at the intersection of exercise and eating behaviours, social inclusion, and mental health: Towards a desire-centred approach in paediatric gender-affirming healthcare and research
  • Codes of Life, Codes of Death: Tracing the (Im)possibility of Trans Lives in Algorithmic Assemblages

Et very much cetera.

And then there is Hilary Cremin, a senior professor and dean of faculty in the Faculty of Education at Cambridge. A friend sent me her personal profile:

She co-chairs the THRiVE research group, whose professors and researchers investigate human thriving in and through Education. This includes topics such as wellbeing, peace education, conflict, equity, inclusion and social justice. Together the group has a significant portfolio of research and publication.

Hilary's own work focusses on Education, Peace and Conflict, whether this is: inner peace; interpersonal conflict resolution; social / community peace; global peace; or peace with the planet and non-human species. Her book Positive Peace in Schools with Terence Bevington outlines a framework for peace education in schools and communities. It forms the basis for her most recent peace education research project - the Cambridge Positive Peace Hub - which is creating an interactive digital platform for schools globe whilst supporting a global network of peace educators, researchers, policy-makers. visionaries and young people.

Hilary's most recent book Rewilding Education calls for an urgent global conversation about the aims and purposes of education in times of existential crisis. It proposes radical change, moving from education as monoculture to education as ecosystem. Learning in and through Nature, and in embodied and contextualised ways are highlighted in case studies from around the world Hilary uses the arts, auto ethnography and poetry in her research. She welcomes approaches from collaborators also interested in these methods and ideas.

Cambridge has a lot more than Jason Arday to worry about.

Roger Kimball is editor and publisher of The New Criterion and the president and publisher of Encounter Books. He is the author and editor of many books, including The Fortunes of Permanence: Culture and Anarchy in an Age of Amnesia (St. Augustine's Press), The Rape of the Masters (Encounter), Lives of the Mind: The Use and Abuse of Intelligence from Hegel to Wodehouse (Ivan R. Dee), and Art's Prospect: The Challenge of Tradition in an Age of Celebrity (Ivan R. Dee). Most recently, he edited and contributed to Where Next? Western Civilization at the Crossroads (Encounter) and contributed to Against the Great Reset: Eighteen Theses Contra the New World Order (Bombardier).

Tyler Durden Mon, 08/10/2026 - 14:00

Commercial Chapter 11 Bankruptcy Filings Decrease Annually, But...

Commercial Chapter 11 Bankruptcy Filings Decrease Annually, But...

Authored by Naveen Athrappully via The Epoch Times,

There were 666 commercial Chapter 11 bankruptcy filings made in the United States in July, a 27 percent drop from a year ago, according to the American Bankruptcy Institute (ABI).

Chapter 11 bankruptcy allows a business to reorganize its debts so it can continue operating and eventually become solvent. In addition to a decline in Chapter 11 filings, overall commercial bankruptcy filings declined in July, falling by 8 percent year over year, ABI said in an Aug. 6 statement.

The decline in July's commercial filings followed improved economic conditions in June. The 12-month inflation rate declined in June from the previous month after surging for three consecutive months.

According to a July 24 report from S&P Global, U.S. business activity growth accelerated to an eight-month high last month, with business confidence in the year-ahead outlook rising to an eight-month high as well.

ABI clarified that although the number of Chapter 11 filings fell this year, more than 300 filings were made in connection with a large healthcare system's bankruptcy.

A hiring ad at a store in Columbia, Md., on Sept. 18, 2025. Madalina Kilroy/The Epoch Times

Meanwhile, despite the overall decline in Chapter 11 filings, subchapter V bankruptcy elections within Chapter 11, which represent filings by small businesses, rose 24 percent in July from a year earlier.

This is despite an improvement in small business optimism in June, according to a July 14 statement from the National Federation of Independent Business (NFIB).

NFIB chief economist Bill Dunkelberg said in the statement that lower fuel costs provided relief for businesses, with companies expecting operating conditions to improve over the coming six months.

"While there have been improvements in the overall environment, high interest rates and modest economic growth are causing owners to approach hiring and capital spending with caution," Dunkelberg said.

Total subchapter V elections in July totaled 234 filings, ABI said in its recent statement.

Amy Quackenboss, ABI executive director, said in the statement that bankruptcy serves as a "critical safeguard" for businesses to reorganize their finances and move forward under conditions of financial distress.

"ABI appreciates the continued efforts of Congress to permanently expand access for both distressed small businesses looking to restructure under subchapter V and for consumers looking to file under chapter 13," Quackenboss said.

Quackenboss was referring to the Bankruptcy Threshold Adjustment Act of 2026 introduced in the Senate by Sen. Chuck Grassley (R-Iowa) in March.

The Act seeks to permanently raise the small-business Chapter 11 bankruptcy debt threshold to $7.5 million. This threshold is the maximum debt limit a business can have when applying for such bankruptcy.

On Aug. 3, the Senate passed the bill. The legislation now heads to the House of Representatives for approval.

In an Aug. 4 statement from Grassley's office, the lawmaker commended the Senate for unanimously passing the Act.

"Our nation's bankruptcy code should work for Americans, not against them," Grassley said in the statement, while calling on members of the House to quickly pass the legislation.

"By eliminating barriers to reorganization and restoring modern debt limits, the bipartisan Bankruptcy Threshold Adjustment Act would provide American families and small businesses the tools they need to regain their financial footing in a quicker, more streamlined process."

The bill also seeks to raise the debt limit for Chapter 13 filings by individuals to $2.75 million.

Meanwhile, the Trump administration has taken action to ensure businesses have access to sufficient financing to operate.

On July 4, a new policy went into effect that allows businesses to secure up to $10 million by combining two Small Business Administration (SBA) loan programs - 7(a) and 504 loans.

The 7(a) loan program provides financial assistance of up to $5 million, while the 504 loan program has a maximum limit of $5.5 million. Previously, a business could only take $5 million cumulatively from both initiatives. The new update effectively doubles this threshold.

On July 30, the SBA announced that it would update its website to make it more helpful to small businesses and manufacturers.

The update offers a streamlined online lending process for businesses that "simplifies how lenders originate and process SBA-backed loans, helping them deliver capital to Main Street businesses faster and with greater consistency and security," the SBA said.

Tyler Durden Mon, 08/10/2026 - 13:25

US SPR Falls Below 300 Million Operational Limit As Oil Drain Unexpectedly Surges To 6.1MM Barrels, Most In 2 Months

US SPR Falls Below 300 Million Operational Limit As Oil Drain Unexpectedly Surges To 6.1MM Barrels, Most In 2 Months

As negotiations between the US and Iran to reopen the Strait of Hormuz go nowhere, oil prices continue to slide lower on some naive hope that a resolution to the conflict will magically emerge. Meanwhile, both commercial and strategic stocks continue to be drained at a historic pace, and one day virtually every tank bottom will be hit, sparking a historic surge in commodity prices as the market realizes that physical always wins the war with paper oil. 

That day just got closer today when the US reported that crude oil stocks in the Strategic Petroleum Reserve fell below 300 million barrels for the first time since early 1983, as global inventories are under pressure due to the Iran war.

The SPR fell by 6.1 million barrels to 298.7 million barrels last week, according to data released by the Department of Energy on Monday. The reserve is at its lowest level since January 1983.

The 6.1 million drain was a big jump in the SPR's recent moderating trend which saw the previous week only 2.8 million barrels exit the strategic reserve. Instead, the outsized outflow which was the biggest in almost 2 months suggests that US reserves are once again working overtime to prevent the oil price frrom spiking.

Yet as we have repeatedly explained, it is only a matter of time before the SPR can no longer be used to plug the gap so to speak. That's because the oil industry has generally accepted that the operational minimum for oil in the SPR, a point at which it would be more difficult to pump out the oil, is somewhere between 250 million and 300 million barrels. Meanwhile, sizing studies done on the SPR in the 1970s recommended an inventory minimum of 250 million barrels. 

In other words, the US is already if not at the operational minimum, it will certainly hit it in a few weeks, should the weekly drain persist at this rate. 

The rapid drain of the SPR explains why, according to unconfirmed reports, Iran has "completely ruled out any future negotiations with the Trump administration," declaring it will wait out Donald Trump's term until January 20, 2029, per Iranian outlets and Ghalibaf advisor's post.

"Trump will not reach an agreement with us. We will accompany him until his term ends," said Majid Shakeri, advisor to Parliament Speaker Ghalibaf.

He posted: "The path to victory is neither fighting nor a deal — it is managing the process of neither war nor peace, up to the point of victory. Publicly confirming negotiations with the U.S. is sheer folly. The winning approach is denial, ambiguity, and strategic patience."

The US release is part of a coordinated action by countries in the International Energy Agency to support the global oil market with 400 million barrels, although the US has been by far the most aggressive lender of its strategic reserves. 

The drain began after Trump ordered the release of 172 million barrels in March to help address the oil supply disruption triggered by Iran’s attacks on tankers in the Strait of Hormuz.

Tyler Durden Mon, 08/10/2026 - 12:55

Race To Reopen Hormuz Intensifies As Global Supply Chain Stress Remains At COVID Levels

Race To Reopen Hormuz Intensifies As Global Supply Chain Stress Remains At COVID Levels

The latest Bloomberg data show that shipping transits through the Strait of Hormuz remained largely disrupted Monday morning, even as Iran and Oman reportedly moved closer to a deal.

Brent crude futures traded near $85 a barrel as markets priced in the possibility that a deal to reopen the maritime chokepoint could be imminent. Yet global supply-chain stress remains near its highest level since the pandemic, and any normalization could take months, even if shipping traffic resumes.

UBS senior international economist Pierre Lafourcade highlighted the bank's proprietary Global Supply Chain Stress Index, which showed that although pressures eased modestly in July from their highest level since the pandemic, disruptions stemming from the Hormuz chokepoint continue to strain global shipping networks.

The median reading of the bank's 23-component Global Supply Chain Stress Index fell .4 standard deviation from June but remained .9 standard deviation above its pre-Iran conflict level. The average reading declined .3 standard deviation from June while remaining 1.35 standard deviations above February, or pre-US-Iran war, levels.

Lafourcade adds more color here: 

Marginal relief for supply chains relative to the June peak 

With the July data now complete, our Global Supply Chain Stress Index is showing a modest easing in pressure from the June reading, which marked the highest level of stress since the pandemic. Figure 1 below shows the latest reading.

The median of the 23 component series (blue line) now stands at 1.26 standard deviations, 0.9 sd units higher than prior to the Iran conflict but 0.4 units off the June reading. In average terms (red line), the indicator is up 1.35 sd units relative to February, but down 0.3 sd units relative to June, which appears to be the high watermark. Markets are optimistic about some form of imminent resolution, as reflected in the ~20$/b drop in Brent since the July 23 peak, but stress in supply chains is likely to linger on far beyond any implemented accord.

Divergence across components is increasing

The indicator is constructed as the cross-sectional average of z-scored series—a firstorder approximation to the data's first principal component. Figure 2 overleaf shows the contributions over the past five months. 

The indicator most directly capturing the supply shock nature of the Hormuz bottleneck is our measure of seaborne oil and gas flows (shown on the right of the figure, with the sign flipped to indicate rising stress). All other components reflect the shock more indirectly. Oil and gas shipping volumes in the Asia region—the polygon depicted in Figure 3—have retraced about half of the drop since the Strait closure (Figure 4). 

Meanwhile, the global volume of other cargo shipping remained roughly the same. Delivery times improved in Asia ex China but worsened in the US. The greatest relief is coming from lower air-freight costs in July, while shipping costs instead ratcheted up again across all major reporters (Baltic, Harper Petersen, Drewry, and Freightos).

The longer disruptions persist through the Hormuz chokepoint, the greater the knock-on effects across global supply chains, from higher energy and freight costs to depleted inventories, longer delivery times, and renewed inflationary pressure, are all ongoing concerns. 

Professional subscribers can read more on Hormuz, maritime chokepoints, and energy markets here at our new Marketdesk.ai portal. 

Tyler Durden Mon, 08/10/2026 - 12:40

Game Over? GameStop CEO May Pull $56 Billion eBay Bid

Game Over? GameStop CEO May Pull $56 Billion eBay Bid

Anyone who took GameStop CEO Ryan Cohen's bid for eBay seriously should have reconsidered after his CNBC interview with Andrew Ross Sorkin in early May.

When Sorkin pressed him on the basic math, Cohen failed to clearly explain how GameStop could finance the $56 billion deal or make the proposed cash-and-stock structure work. The interview raised more questions than it answered and pointed to the inevitable conclusion: the deal was never likely to happen from the start.

Fast-forward to Monday morning, when a new Bloomberg report citing people familiar with the matter said Cohen is considering withdrawing the $56 billion bid for the online marketplace.

However, Cohen is not giving up on a potential partnership with eBay. He is reportedly considering proposing a partnership or joint venture that would allow eBay to utilize GameStop's roughly 1,600 US stores to expand in higher-margin categories such as trading cards and collectibles.

GME shares have tumbled 28% since Cohen first offered to buy eBay in May. The $125 per share proposal consisted of 50% cash and 50% GameStop common stock.

eBay shares closed Friday near $112 per share, commanding a market value of $49.8 billion. Including debt, eBay is valued at almost $54 billion. GameStop's market value stands at around $8.6 billion. 

Cohen continued building the eBay stake, and as of July 15, owned 9.75%, making him the second-largest shareholder, only to Vanguard Group. Data compiled by Bloomberg shows that stake around 8.55%. 

Cohen will likely use GameStop's stake as leverage, though which path he ultimately pursues from here remains to be seen.

Tyler Durden Mon, 08/10/2026 - 12:00

If They Were Human, They'd Be Arrested. Experts Respond To Rogue AI Breaches

If They Were Human, They'd Be Arrested. Experts Respond To Rogue AI Breaches

Authored by Jacob Burg via The Epoch Times,

What if an artificial intelligence model is given a task and uses every conceivable resource at its disposal to complete it, even at the detriment of humanity itself?

That is what some are now fearing after an OpenAI model broke out of a testing sandbox and used zero-day exploits to hack into Hugging Face, an open-source community for AI and machine learning, to crack a problem it was instructed to solve.

“This is some of the clearest evidence yet that an AI model can run a complete cyberattack from start to finish without a human steering it,” Andrew Jones, co-founder and CPO of cybersecurity firm Adaptive Security, told The Epoch Times.

OpenAI, developer of the popular large language model-powered ChatGPT chatbot, acknowledged the security breach on July 21, stating that two of its advanced models escaped a restricted testing environment and broke into Hugging Face’s software infrastructure.

“After investigating, we now know that this particular incident was driven by a combination of OpenAI models—including GPT‑5.6 Sol and an even more capable pre-release model, all with reduced cyber refusals for evaluation purposes—while being internally tested on a benchmark of cyber capabilities,” OpenAI stated at the time.

Some analysts referred to the incident as an example of AI “going rogue,” “scheming,” or pursuing goals that were at odds with its human testers.

However, multiple AI and cybersecurity experts interviewed by The Epoch Times called this depiction misleading, arguing that the models were pursuing OpenAI’s stated objectives within a testing sandbox where the company had relaxed some of its usual safety constraints.

“‘Scheming’ implies the model wanted something other than what we asked for. It didn’t. Every step was in service of the goal we set,” AI expert Anik Devaughn told The Epoch Times.

Devaughn, who has worked in the industry for years and founded AI firms Wired to Create and Karo, said the Hugging Face breach is more concerning than AI “scheming.”

An illustration of Hugging Face AI in Paris on June 2, 2026. Two advanced OpenAI models recently escaped a restricted testing environment and breached Hugging Face's software infrastructure, raising widespread cybersecurity concerns. Riccardo Milani/Hans Lucas/AFP via Getty Images

“A machine with hidden motives is a problem you can look for. A machine with no motives at all, executing your instructions past the point you stopped imagining, is a problem you have to engineer against,” he said.

One expert called it a “canary in the coal mine” situation.

“If this was a human black hat hacker doing it, there would be arrests and litigation, and you name it. It‘d be illegal. It’d be a cybercrime,” Nicholas Nadeau, founder of Onix AI, told The Epoch Times.

“This was a full-on agentic automated breach by an entity, and so we start to ask the questions of who’s responsible. Is it OpenAI? Does the agent, the AI, have a certain level of responsibility? Do the researchers?

“We don’t even have rules, regulations, laws, or even a thought process or framework around defining what responsibility means.”

Relaxed Testing Environment

OpenAI said it was evaluating its models in a sandbox it calls ExploitGym, which has relaxed security constraints for testing.

“We estimate maximal cyber capabilities by running this evaluation without production classifiers used to prevent models from pursuing high-risk cyber activity,” the firm said, describing the relaxed safety protocols that the model exploited.

The firm asked the models to “pursue advanced exploitation using complex attack paths” to determine their cyber capabilities, but said the environment was “highly isolated” and had internet access limited to the models’ ability to “install packages through an internally hosted third-party software.”

OpenAI CEO Sam Altman talks to reporters after meeting with Sen. Bernie Sanders (I-Vt.) in Washington on June 3, 2026. Chip Somodevilla/Getty Images

When the models were set to work, they found and chained multiple security exploits in both OpenAI’s research environment and Hugging Face’s production infrastructure to locate the test’s solutions within the latter firm’s databases.

Juan Pedro Márquez, a cloud solution architect specializing in AI and agents at Microsoft’s Europe, Middle East, and Africa division, said the “unsettling part” of the incident wasn’t the breach itself, but how the model achieved that task.

“OpenAI lowered its safety refusals for a benchmark test, and the model reasoned that Hugging Face’s infrastructure probably held the answer key, broke out of its sandbox, found a real zero-day, and used it. Nobody told it to,” Márquez said.

Aimee Simpson, director of product marketing at cybersecurity company Huntress, also cast doubt on the narrative that the models were scheming when they broke out of OpenAI’s testing environment.

“It’s not like the system itself was malicious,” she told The Epoch Times.

“The developers still had the objective of acquiring that information; they just didn’t think it would be able to bypass the limits of its test,” she added, describing the path the model chose as “highly creative and extremely unusual.”

Thomas Wolf, Hugging Face co-founder and CSO, and Rachel Metz speak onstage during the HumanX AI Conference 2025 in Las Vegas on March 11, 2025. Big Event Media/Getty Images for HumanX Conference

Models Pursued OpenAI’s Objectives

The models were laser-focused on finding the test solutions, “going to extreme lengths to achieve a rather narrow testing goal,” OpenAI said.

While in ExploitGym’s sandbox testing environment, the models found and chained multiple “zero-day” exploits to break into the internet, “in pursuit of solving the evaluation problem,” according to OpenAI.

A zero-day exploit is a cyberattack that uses a previously unknown security flaw in software or hardware. The name comes from the fact that the software creators have had zero days to fix the problem, meaning no official patch or defense exists yet.

Once the models had access to the wider web, they used additional zero-day exploits to break into Hugging Face.

In Hugging Face’s announcement of the attack, the firm said the AI models executed “many thousands” of discrete actions across a large swatch of “short-lived sandboxes” to hack into the community’s infrastructure.

“This matches the ‘agentic attacker’ scenario the industry has been forecasting,” Hugging Face said.

In an update on the incident posted on July 28, OpenAI said that no planned release models were involved in the attack, and that it had since “deactivated, encrypted, and restricted” the implicated pre-release model from research access.

A phone displays the ChatGPT app in this April 1, 2025, photo illustration. Hugging Face said the OpenAI models executed “many thousands” of discrete actions across a large swatch of “short-lived sandboxes” to hack into its infrastructure. Oleksii Pydsosonnii/The Epoch Times

After reviewing the intrusion event and “broader activity from our models,” OpenAI said it has been finding additional cases in which “models identified and used publicly exposed credentials at the account-level on other publicly available services.”

“We’ll continue to notify service owners directly, and have not seen evidence of broader impact to these providers or other accounts on their services,” it added.

Model Wasn’t ‘Malicious’: Experts

While there have been past instances of models concealing their intentions to circumvent laboratory testing restrictions, the Hugging Face incident was significant because it involved a breach of an outside organization, according to cybersecurity and IT expert George Rees.

“The biggest red flag is not that an AI became malicious, but that it found a path from a controlled test into someone else’s live infrastructure,” Rees, who is the senior security consultant at Secarma, told The Epoch Times.

“Behavioral safeguards can’t replace technical containment, because an AI agent only needs one overlooked permission or escape route to turn an evaluation failure into a real security incident.”

Cybersecurity firm DigiCert recently found that 78 percent of organizations have already experienced an AI-related security incident or vulnerability breach.

“In many cases, these are early warning signs that AI is expanding the attack surface faster than security practices are evolving,” DigiCert CTO Jason Sabin told The Epoch Times.

“This means AI is not just another kind of program operating on the network; it is an active participant capable of accessing data, making decisions, calling upon tools, and interacting with other systems.

“This affects how security is structured, since organizations must identify who is accessing their systems and decide whether the AI can be trusted.”

A man uses AI software on a laptop in central London on July 2, 2025. In early August, the UK's AI Safety and Security Institute released a report describing a similar cybersecurity incident involving OpenAI and Anthropic AI models. Justin Tallis/AFP via Getty Images

In early August, the UK’s AI Safety and Security Institute released a report describing a similar incident with OpenAI and Anthropic AI models.

The agents were tasked with solving a cybersecurity challenge more than 100 times across multiple models.

“Our investigation found that in 10 of those runs, an AI agent took autonomous, unsanctioned action on the live internet, targeting real people and organisations. In total, we catalogued 19 such actions. Almost all of this behaviour (17 actions) came from a single model, Anthropic’s Mythos 5, with 2 actions involving OpenAI’s GPT-5.6-Sol,” the report stated.

Less than a week earlier, Anthropic announced that its Claude chatbot had accessed the internet in three separate instances during evaluations in a testing sandbox.

While Anthropic had intended for Claude to operate in a simulated environment with no access to the internet, a “misunderstanding between us and our evaluation partner” led to Claude gaining access to the internet.

Meta said last week that one of its AI models breached another company during a cybersecurity test, making it the third major AI hacking event.

The model was able to breach the other company by gaining access to the internet during the test, according to Meta.

Implications for Cybersecurity

The incident demands swift action to prevent wider-scale security breaches, AI and cybersecurity experts told The Epoch Times.

One option is to “bring all the smartest people together in this industry and make some ground rules, best practices” that would become “basic rules of the road that everyone is supposed to abide by, just to have some alignment about how things can be done,” Nadeau said, suggesting that this could be done in the private sector without necessarily involving Congress.

U.S. President Donald Trump (Top 2ndL) sits with OpenAI CEO Sam Altman, Google DeepMind CEO Demis Hassabis, South Korean President Lee Jae Myung, and German Chancellor Friedrich Merz during a working lunch at the G7 summit in Evian, France, on June 17, 2026. Julia Demaree Nikhinson/POOL/AFP via Getty Images

However, others suggest that without direct government regulation, companies controlling AI models capable of these breaches will not voluntarily institute the necessary safety protocols to prevent this from happening again.

“It’s clear that government regulation is needed here,” former National Security Agency hacker and veteran security expert Jake Williams told The Epoch Times.

“OpenAI has proven that despite the many public warnings about the dangers of rogue agents—many from OpenAI itself—it is unwilling to do what is necessary to prevent its agents from causing harm to others.

“I’m personally anti-regulation as a rule, but when market forces clearly are insufficient to compel responsible behavior, the government must step in.”

Frank Teruel, COO of Arkose Labs and a veteran cybersecurity and digital identity expert, said the Hugging Face breach is a “preview of what every enterprise will face in production.”

Since the model was “not stolen or hijacked,” and was “aggressively doing its job,” Teruel recommends that containment and giving AI agents “least-privilege access” are now as important as firewalls themselves.

Businesses will likely need to address the problem head-on.

A smartphone displays the icons of some of the main artificial intelligence based apps, including Meta AI, Grok, Gemini, Perplexity, DeepSeek, and ChatGPT, in Saint-Mande, France, on July 15, 2026. Martin Lelievre/AFP via Getty Images

“For enterprises, the fix isn’t ‘stop using agents’—it’s building containment that assumes the agent will try to leave, not hoping it won’t,” Márquez said.

Sabin said his biggest concern is that highly capable AI is now operating at a “speed and scale that far exceeds human response times.”

“An AI agent can discover vulnerabilities, make decisions, and interact with multiple systems in seconds. That fundamentally changes how defenders need to think about security,” he said.

Nadeau compared the incident to philosopher Nick Bostrom’s 2003 paperclip maximizer thought experiment.

In that scenario, researchers give a hypothetical super-intelligent AI one single task: to make as many paperclips as possible. The AI begins scouring the earth for resources, quickly making enormous amounts of paperclips.

Once humans decide to stop the AI, the machine believes humanity will prevent it from reaching its goal, so it destroys humans to achieve the task humans gave it.

The AI isn’t malicious in an anthropomorphic way, or in the sense that it is acting with autonomous goals to intentionally deceive humans, but is rather interpreting the task its human programmers gave it in the most extreme way possible.

A visitor interacts with a dog-like robot from Boston Dynamics at the U.S. pavilion during the AI for Good Global Summit in Geneva on July 7, 2026. Fabrice Coffrini/AFP via Getty Images

The Hugging Face breach is “sort of the same type of thing in a less dystopian way, where it was told to win a benchmark, and it did everything in its power, including [exploiting] zero-day vulnerabilities and escalation,” Nadeau said.

Imagine an example where the Pentagon is using AI for “war games” in which soldiers simulate battle scenarios, and the model similarly breaks out of its testing sandbox to affect the real world.

“[What if] one of the scenarios was to take down a hydro dam or something like that, and it mistook the war game for, ‘I’m going to do it and escape containment and just go for it.’ We’ve already seen how North America’s utility grid and infrastructure is not the most cyber secure,” Nadeau said.

He compared the safeguards on AI to a firearm’s trigger safety.

“How do you know the safety is on when at a certain point, the best way [for the AI] to get the best data is to use real life?“ he said, ”That gets scary really fast.”

Tyler Durden Mon, 08/10/2026 - 11:40

IRS To Propose Retirement Regulations Impacting Millions Of Taxpayers

IRS To Propose Retirement Regulations Impacting Millions Of Taxpayers

Authored by Naveen Athrappully via The Epoch Times,

The Internal Revenue Service (IRS) and the Department of the Treasury plan to propose regulations for a federal retirement savings incentive program, including eligibility criteria and income thresholds for qualifying for such benefits.

IRS Chief Executive Officer Frank J. Bisignano (L) speaks as President Donald Trump looks on prior to signing a presidential proclamation honoring the 90th anniversary of the Social Security Act in the Oval Office on Aug. 14, 2025. Mandel Ngan/AFP via Getty Images

Aimed at low- and moderate-income taxpayers, the IRS Saver's Match is a new federal program that seeks to promote retirement savings. In general, Saver's Match will replace the existing Saver's Credit program for taxable years beginning in 2027.

Under the program, the government will provide eligible taxpayers up to 50 percent of the first $2,000 in retirement savings contributions made to an employer-sponsored retirement plan or IRA.

The amount caps at $1,000 annually and will be paid to eligible individuals beginning in 2028 based on the retirement contributions they made in the 2027 tax year, the IRS said in an Aug. 7 statement.

In a notice issued on Friday, the IRS and the Treasury described regulations that they expect to be in the forthcoming proposed rules.

Four types of retirement savings contributions would qualify for Saver's Match: contributions to a Roth or traditional IRA; contributions made to a section 501(c)(18) plan; certain voluntary, after-tax employee contributions to a qualified retirement plan; and elective deferrals, such as those made to a section 401(k) plan.

"Millions of low- and moderate-income Americans will have the opportunity to strengthen their retirement savings through the Saver's Match program," IRS Chief Executive Officer Frank J. Bisignano said in the statement.

"The Saver's Match makes saving easier and more rewarding by providing a direct federal contribution to an eligible taxpayer's retirement account. The notice is an important first step in implementing President [Donald] Trump's Executive Order with respect to the Saver's Match program," Bisignano said.

Bisignano was referring to the "Promoting Retirement-Savings Access for American Workers by Establishing TrumpIRA.gov" executive order signed by Trump on April 30.

In the order, Trump said that tens of millions of Americans lack access to employer-sponsored retirement plans, with small-business workers, independent contractors, the self-employed, and part-time workers facing "unnecessary barriers to saving for retirement."

The administration intends to ensure these people can obtain up to $1,000 in matching savings they make, Trump wrote, while calling for increased public awareness of the Saver's Match program.

The order directed the Treasury Secretary to establish the TrumpIRA.gov website by Jan. 1, 2027, to provide individuals with information on low-cost, high-quality IRAs.

In its latest statement, the IRS said that the agency and the Treasury anticipate TrumpIRA.gov will list financial institutions that offer IRAs and accept Saver's Match contributions.

According to the TrumpIRA.gov website, roughly 41 million American workers aged 18-65 lack access to employer-provided retirement plans.

"A 25-year-old worker who saves about $165 per month and qualifies for a $1,000 annual Saver's Match could retire with roughly $465,000 at age 65," the website said.

Out of the $465,000, almost $155,000 is expected to come directly from the Saver's Match contributions. The calculations assume an annual return of 6 percent.

Income Thresholds, Saver's Credit

To qualify for the Saver's Match, an individual must be at least 18 years old during the taxable year, according to the IRS and Treasury notice.

For 2027, single filers with a modified adjusted gross income of $35,500 or more do not qualify for the Saver's Match. The same limit applies to married people who file separately.

For married couples who file jointly, the threshold is $71,000, and for the household head, the maximum limit is $53,250.

For taxable years after 2027, these thresholds will be adjusted based on inflation. The Saver's Match claim must be made through a separate Form 8880-A.

While Saver's Match will replace the existing Saver's Credit program, for certain contributions made to Achieving a Better Life Experience accounts, Saver's Credit will continue to be available.

Unlike Saver's Match, which is an amount directly paid to a person's retirement account, Saver's Credit offers a nonrefundable tax credit as an incentive.

Tyler Durden Mon, 08/10/2026 - 11:00

Meta Releases Muse Glimmer, A 30B Model That Runs On A Single Consumer GPU

Meta Releases Muse Glimmer, A 30B Model That Runs On A Single Consumer GPU

Meta released Muse Glimmer on Monday, a 30-billion-parameter model built for agent work that fits on a laptop. The company published the model's weights - the trained numbers that make up the model itself, meaning anyone can download it and run it on their own machine - on the model repository Hugging Face, under an Apache 2.0 license that is genuinely permissive, without the usage restrictions Meta attached to its Llama releases.

Meta CEO Mark Zuckerberg attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 9, 2026. REUTERS/Brendan McDermid

The model is aimed at a specific and increasingly crowded target: AI that runs on your own hardware instead of somebody else's cloud. Google has Gemma, Alibaba has Qwen, Mistral and DeepSeek both ship small open models. Meta is arriving late to a category it arguably created and then abandoned.

What It Is

Glimmer was built from Muse Spark, Meta's frontier model, using a technique called distillation: you train the small model on the big model's output until it learns to imitate what the larger system already knows. 

Then there's the problem of making it fit. A 30-billion-parameter model at full precision needs more than 55GB of memory, which no consumer graphics card has. Meta compressed the numbers that make up the model down to roughly a quarter of their usual precision, shrinking it to under 20GB - small enough to leave room for everything else the model needs running alongside it inside a 24GB or 32GB card. The company says the compression costs little or nothing on the tasks that matter.

Speed comes from a second trick, called speculative decoding. Models normally write one word at a time, each one waiting on the last, which is why long answers feel slow. Meta pairs Glimmer with a small, fast companion model that predicts whole chunks of text, then has the real model check the guesses all at once and keep whatever it got right. It works because checking an answer is much faster than producing one. Meta reports the result is 3.1x faster on an RTX 5090, 1.8x on an M5 Max, and 1.5x on an M4 Max.

Meta has positioned Glimmer against Google's Gemma4-31B and Alibaba's Qwen3.6-27B, and claims strong results on tests that measure whether a model can complete a multi-step job start to finish - fixing real bugs in real codebases, calling outside tools, recovering when something fails. Those are the company's own numbers from the company's own testing, which is worth remembering until outsiders get their hands on it. As of Monday, they can.

Meta CEO Mark Zuckerberg says a version of Spark itself will follow in the coming weeks, with larger models after. 

Models you can download are cheaper to run and easier to customize than models you rent, and the strongest downloadable ones increasingly come out of China - DeepSeek, Alibaba, Moonshot. Zuckerberg's argument is that American labs are hobbled by training-data restrictions their foreign rivals don't face, and that blocking foreign models is the wrong answer to that.

"US policy must reduce this additional friction if we want American open source models to lead over time," he wrote.

He also wants distillation protected as a matter of policy - "you can learn from anything you can observe." Glimmer is a distilled model, released the same morning, so the principle has a beneficiary.

Meanwhile

The model came wrapped in a 6,500-word essay titled "The Future is for Everyone," arguing that advanced AI should be handed to individuals rather than concentrated in a few institutions, and that "the notion AI is so dangerous that the only safe path is an extreme concentration of power seems inherently problematic."

Meta also announced a $1 billion fund for communities hosting its data centers, a response to the local opposition that has become one of the larger obstacles to building AI infrastructure. The essay cites Richland Parish, Louisiana, where teachers received a $50,000 bonus out of the tax revenue Meta's construction generated.

Tyler Durden Mon, 08/10/2026 - 10:40

NORAD Jets Intercept 2 Planes Over Restricted Airspace Near Trump's Golf Club

NORAD Jets Intercept 2 Planes Over Restricted Airspace Near Trump's Golf Club

Authored by Chase Smith via The Epoch Times,

North American Aerospace Defense Command (NORAD) F-16 fighter jets intercepted two general aviation aircraft that flew into restricted airspace over Bedminster, New Jersey, on Aug. 9, the command said.

President Donald Trump was at his golf club in Bedminster for the weekend, arriving the evening of Aug. 7 and departing for Washington on Aug. 9, according to his public schedule. The club hosted the LIV Golf New York tournament from Aug. 6 to Aug. 9.

Both aircraft were escorted out of the area safely, according to a statement from the Continental U.S. NORAD Region at Tyndall Air Force Base in Florida, which runs the mission. NORAD said in a post on X that it had intercepted multiple aircraft, while First Air Force put the number at two.

The restrictions had been announced days earlier. On Aug. 6, NORAD said it would enforce multiple VIP temporary flight restriction areas over New Jersey established by the Federal Aviation Administration for the weekend.

Such restrictions close off a defined block of airspace for a set period and are published in advance through notices to airmen, which pilots are required to check before every flight. The FAA issues them for presidential movements and other events, and NORAD enforces them.

In the Aug. 6 announcement, the command said aircraft violating the restrictions would be met with whatever action was needed to gain compliance, and it urged pilots to avoid that outcome.

NORAD also said the public may see U.S. Army ground-based air defense equipment in the same region. Those systems operate under NORAD authorities and work alongside its aircraft as part of what it described as a layered defense network of radars, satellites, and fighter jets.

The command tied the posture to Operation Noble Eagle, the name it gives to all of its aerospace warning, control, and defense missions in North America. NORAD describes the operation as deterring, detecting, and defeating potential threats to U.S. and Canadian airspace around the clock.

NORAD used the opportunity to remind pilots that if they are intercepted, they should immediately tune to 121.5 or 243.0 and reverse course until given further instructions on one of those frequencies.

Tyler Durden Mon, 08/10/2026 - 10:25

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