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Tennessee’s GOP-controlled Statehouse on Thursday approved approval criminalizing adults who help minors receive gender-affirming care without parental consent, clearing the way for the first-in-the-nation proposal to be sent to Gov. Bill Lee’s desk for his signature.

As the AP reports, the bill mirrors almost the same language from a so-called anti-abortion trafficking proposal Tennessee Republican lawmakers approved just a day prior. In that version, supporters are hoping to stop adults from helping young people obtain abortions without permission from their parents or guardians.

Supporters of Lee, a Republican, are certain he will sign them into law. Lee eagerly approved a sweeping abortion ban and a ban on gender-affirming care for children. He has also never issued a veto during his time as governor.

While the Republican supermajority touted the proposed statutes as necessary to protect parental rights, critics - most of whom likely have purple hair and some oh whom occasionally enjoy child porn in a secret folder on their computer - warned about the possible broad application (as in what, the minor child's parents will know what their child is up to?). Violations could range from talking to an adolescent about a website on where to find care to helping that young person travel to another state with looser restrictions on gender-affirming care services.

“This is a parent’s rights bill, nothing more, nothing less,” Republican Rep. Bryan Richey, the bill’s sponsor, said during House debate earlier this week. “At the end of the day, parents should have final say what medical procedures their children are receiving, and nobody else.”

The Human Rights Campaign says Tennessee has enacted more anti-LGBTQ+ laws more than any other state since 2015, identifying more than 20 bills that advanced out of the Legislature over the past few months.

That included sending Gov. Lee a bill banning the spending of state money on hormone therapy or sex reassignment procedures for prisoners — though it would not apply to state inmates currently receiving hormone therapy — and requiring public school employees to report transgender students to their parents, as if requiring parents to know that their child - having undergone years of criminal brainwashing and propaganda as even Bill Mahr now admits - has mental problem is some kind of crime.

It turns out for pedophiles in Hollywood, "It's A Small World After All." pic.twitter.com/4qUtOhXZYL

Tennessee Republicans previously also passed a measure that would let LGBTQ+ foster children be placed with families that hold anti-LGBTQ+ beliefs. Lee signed it into law this month.

“Tennessee lawmakers are on the verge of enacting more than twice as many anti-LGBTQ+ laws as any other state, a staggering assault on their own constituents,” Cathryn Oakley, senior director of legal policy at the Human Rights Campaign, said in a statement.

To date, no state has placed restrictions on helping young people receive gender-affirming care, despite the recent push among more than 20 Republican-led states — including Tennessee — to ban such care for most minors.

Instead some Democratic-led states have been pushing to shield health care providers if they provide services that are banned in a patient’s home state. Most recently Maine’s Democratic governor signed a bill Wednesday protecting providers of abortion and gender-affirming care from legal action brought by other states.

The proposal has created a disagreement between Maine Attorney General Aaron Frey and attorneys general in several other states, including Tennessee. The other states have warned of legal action over the law; Frey dismissed such threats as “meritless.”

Authored by Joe Wang via The Epoch Times (emphasis ours),

A new study on harms resulting from the COVID vaccine was published on April 8 in the U.S.-based peer-reviewed medical science journal Cureus. It represents the largest study to date on adverse effects of the COVID vaccine, and the results are shocking, to put it mildly.

In the study, titled “Increased Age-Adjusted Cancer Mortality After the Third mRNA-Lipid Nanoparticle Vaccine Dose During the COVID-19 Pandemic in Japan,” five Japanese scientists used an entire dataset of the country’s 123 million population (Japan has the highest vaccination rate in the world) to study excess cancer mortalities coinciding with mass COVID vaccination.

The authors also provide a sound explanation as to why these deaths occurred after the mRNA injection.

As a former vaccine researcher, I read the Cureus article with great interest. My fellow Epoch Times columnist, Megan Redshaw, has written an excellent article on this study. Here, I would like to highlight some points that I think are worth reiterating.

Excess Deaths Following the Third Shot

The study shows there were 1,568,961 total deaths in Japan in 2022. About 1,453,162 deaths were expected based on statistical predictions using pre-pandemic information, which means there were 115,799 excess deaths in 2022.

The 115,799 “age-adjusted excess number of deaths” in 2022 occurred after two-thirds of the Japanese population had received the third dose of COVID vaccine.

Based on Japan’s Ministry of Health data, I calculated that there were 39,060 COVID deaths reported in 2022. So, the majority of Japan’s excess deaths in 2022 were not caused by COVID infection, but rather are strongly associated with the vaccination.

Harm Done by the Vaccine, Not the Virus

The study shows that in 2020, after COVID-19 began to spread in Japan but before vaccination was available, the age-adjusted number of deaths was 28,000 fewer than what was predicted. And in 2021, as the virus continued and there was limited COVID-19 vaccination (it started in February), there were 25,000 more deaths than what was predicted.

Based on the number of excess deaths in 2022, the Japanese scientists concluded: “Statistically significant increases in age-adjusted mortality rates of all cancer and some specific types of cancer, namely, ovarian cancer, leukemia, prostate, lip/oral/pharyngeal, pancreatic, and breast cancers, were observed in 2022 after two-thirds of the Japanese population had received the third or later dose of SARS-CoV-2 mRNA-LNP vaccine.”

“These particularly marked increases in mortality rates of these ERα-sensitive cancers may be attributable to several mechanisms of the mRNA-LNP vaccination rather than COVID-19 infection itself or reduced cancer care due to the lockdown,” the authors wrote.

In plain English, this study revealed the mRNA COVID jab is likely the cause of the extra deaths that occurred in Japan.

6 Types of Cancer Had Significant Excess Deaths

The study presented the numbers for all-cause death, but also looked into the details of deaths caused by cancer. It found that of the 20 types of cancer, six of them—ovarian, leukemia, prostate, lip/oral/pharyngeal, pancreatic, and breast cancer—had statistically significant excess mortalities in 2021 and increased further in 2022.

The significant increase in mortalities for the six specific cancer types cannot be blamed on a shortage of health-care services during the pandemic. Reduced cancer screening and health care due to lockdowns should increase deaths for all cancers. However, such an increase was not observed in other types of cancers in Japan in 2022.

So what is so special about the six specific cancer types? They are all known as estrogen receptor alpha (ERα)-sensitive cancers.

The scientists explained why these cancers not only occurred after vaccination, but also killed people in a short period of time after they received the shot.

Cancer After the Jab: A Scientific Explanation

I worked as a research scientist at Sanofi Pasteur, one of the world’s largest vaccine companies, for more than 10 years. As the person who spearheaded Sanofi’s SARS-CoV-1 vaccine development in 2003, I personally found the hypothesis presented by the Japanese scientists very reasonable.

Please bear with me on the scientific terms, because they are important in understanding the possible roles the mRNA vaccine may have played in cancer development.

ERs (estrogen receptors) are a group of proteins found inside cells. They are receptors that can be activated by the sex hormone estrogen. ERα is one of the two classes of ERs, an important regulator in the body’s reproductive system.

Research published in the peer-reviewed journal Science Advances in November 2022 screened 9,000 human proteins to see which protein binds better with the spike (S) protein of SARS-CoV-2, and found the S protein specifically binds to ERα. The binding “upregulates the transcriptional activity of ERα.”

In other words, the S protein of SARS-CoV-2 (from infection or vaccination), when introduced into the human body, binds to ERα and functions as a nuclear receptor coregulator, interfering with the cell’s normal function and leading to malfunction of the cells and organs.

This may explain why death caused by the six types of ERα-sensitive cancers increased in 2022 in Japan after two-thirds of the population received the third dose of the mRNA vaccine.

The vaccine carries the S gene of SARS-CoV-2, hijacking the host cells to produce S proteins. The S proteins produce inside the cell, then bind to ERα, disrupting the cell’s normal function and leading to cancer development.

Cancer is a disease in which some of the body’s cells grow uncontrollably and spread to other parts of the body.

For any healthy person, some cells die, some age, and some become cancerous. All this happens without the person knowing it because the body’s immune system is constantly working to deal with such problems. However, if the immune system is compromised, illness then develops, including cancer.

Plenty of evidence has started to emerge showing that the COVID-19 vaccine has the potential to severely interfere with the human body’s immune system. This new Japanese study provides further evidence of the extent of this phenomenon.

Vaccination and Suppression of Cancer Immunosurveillance

It has been shown the mRNA vaccine not only has the potential to cause cancer, it may also weaken the immune systems’ ability to recognize and repress cancerous tumours.

In a study published last October, Konstantin Fohse and colleagues reported vaccination with BNT162b2 modulated innate immune responses, resulting in a weakened cancer immunosurveillance.

The damage caused by COVID vaccines would have been less if the vaccination wasn’t as widespread, and the dosage of the vaccines were not as high due to boosters.

The Japanese scientists found that for each Pfizer-BioNTech dose, there are about 13 trillion SARS-CoV-2 mRNA-LNP molecules. For Moderna, the number is 40 trillion. Since the average human body has about 37.2 trillion cells, one COVID-19 mRNA-LNP dose would have enough molecules to spread into each and every human cell.

As I wrote previously, contrary to what the Centers for Disease Control and Prevention’s claim that “after the body produces an immune response, it discards all of the vaccine ingredients” because uridines in normal RNA are now replaced with pseudo-uridines in this COVID-19 mRNA-LNP, we know the modified RNA now lives in the body for months and can even find its way into babies through breast milk.

The Japanese study was written before October 2023 using information from 2022 and earlier. As COVID vaccination continues in many countries, it is scary to think how many people may die or develop cancer if the 2022 trend continues.

Uncertain Future

As authorities across the world still claim that the COVID-19 vaccine is “safe and effective” and continue pushing vaccination, it is uncertain what the future holds.

This is because the COVID-19 mRNA-LNP molecules already in the bodies of hundreds of millions of people will remain there and continue producing the S protein, interfering with the immune system and causing cancer and other diseases.

Studies like the one by the Japanese scientists should have been undertaken in countries such as the United States, Canada, and the UK and published in top medical journals without censorship so that we can learn from mistakes and prevent the mistakes from happening again. Unfortunately, that has not happened.

However, hopefully more and more scientists and researchers will be brave enough to point out the very obvious: that the COVID-19 vaccine is not safe.

It is worth noting that the Cureus medical journal was recently acquired by the Springer Nature Group in December 2022. The group also owns renowned scientific publications such as Nature and Nature Medicine.

COVID vaccine injury has been a taboo subject for scientists and medical journals. Many people were cancelled when they tried to defy the censorship. It is refreshing to see Springer Nature publish the Japanese study.

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

Ivy League institutions are renowned worldwide for their academic excellence and long-standing traditions. But how hard is it to get into one of the top universities in the U.S.?

In this graphic, Visual Capitalist's Marcus Lu details the admission rates and average annual cost for Ivy League schools, as well as the median SAT scores required to be accepted. The data comes from the National Center for Education Statistics and was compiled by 24/7 Wall St.

Note that “average annual cost” represents the net price a student pays after subtracting the average value of grants and/or scholarships received.

Harvard is the Most Selective

The SAT is a standardized test commonly used for college admissions in the United States. It’s taken by high school juniors and seniors to assess their readiness for college-level academic work.

When comparing SAT scores, Harvard and Dartmouth are among the most challenging universities to gain admission to. The median SAT scores for their students are 760 for reading and writing and 790 for math. Still, Harvard has half the admission rate (3.2%) compared to Dartmouth (6.4%).

*Costs after receiving federal financial aid.

Additionally, Dartmouth has the highest average annual cost at $33,000. Princeton has the lowest at $11,100.

While student debt has surged in the United States in recent years, hitting $1.73 trillion in 2023, the worth of obtaining a degree from any of the schools listed surpasses mere academics. This is evidenced by the substantial incomes earned by former students.

Harvard grads, for example, have the highest average starting salary in the country, at $91,700.

Ivy League institutions are renowned worldwide for their academic excellence and long-standing traditions. But how hard is it to get into one of the top universities in the U.S.?

In this graphic, Visual Capitalist's Marcus Lu details the admission rates and average annual cost for Ivy League schools, as well as the median SAT scores required to be accepted. The data comes from the National Center for Education Statistics and was compiled by 24/7 Wall St.

Note that “average annual cost” represents the net price a student pays after subtracting the average value of grants and/or scholarships received.

Harvard is the Most Selective

The SAT is a standardized test commonly used for college admissions in the United States. It’s taken by high school juniors and seniors to assess their readiness for college-level academic work.

When comparing SAT scores, Harvard and Dartmouth are among the most challenging universities to gain admission to. The median SAT scores for their students are 760 for reading and writing and 790 for math. Still, Harvard has half the admission rate (3.2%) compared to Dartmouth (6.4%).

*Costs after receiving federal financial aid.

Additionally, Dartmouth has the highest average annual cost at $33,000. Princeton has the lowest at $11,100.

While student debt has surged in the United States in recent years, hitting $1.73 trillion in 2023, the worth of obtaining a degree from any of the schools listed surpasses mere academics. This is evidenced by the substantial incomes earned by former students.

Harvard grads, for example, have the highest average starting salary in the country, at $91,700.

Authored by Joseph M. Hanneman via The Epoch Times (emphasis ours),

A federal judge in Washington D.C. has denied seven motions from a defendant seeking to identify FBI agents in Jan. 6 crowds and gain access to undercover videos shot by Metropolitan Police Department (MPD) officers, at least one of whom incited the crowds at the U.S. Capitol.

Former FBI special agent John Guandolo (center) with two possible active FBI special agents at the U.S. Capitol on Jan. 6, 2021. (Illustration by The Epoch Times, U.S. Capitol Police/Graphic by The Epoch Times)

In a 22-page order, U.S. District Judge Rudolph Contreras ruled against William Pope on a range of motions filed in his Jan. 6 criminal case since May 2023.

Judge Contreras partially granted a government cross-motion to modify the evidence protective order in the case. “I now have the most restricted discovery access conditions of any Jan 6 defendant,” Mr. Pope wrote on X.

“All I’m asking for is a fair fight in court, but he’s denying me rights to defend myself Pro Se that aren’t denied to attorneys,” Mr. Pope told The Epoch Times in a statement. “Even though some January 6 attorneys have filed highly sensitive materials as public exhibits, or leaked them on social media, I have not released a single sensitive or highly sensitive file governed by the protective order.”

Mr. Pope, 38, publisher of the news website Free State Kansas, was at the Capitol on Jan. 6, covering the protest and subsequent violence.

Federal prosecutors charged him with civil disorder, corruptly obstructing an official proceeding, entering and remaining in a restricted building or grounds, disorderly and disruptive conduct in a restricted building or grounds, impeding ingress or egress in a restricted building or grounds, disorderly conduct in a Capitol building, impeding passage through the Capitol grounds or buildings, and parading, demonstrating, or picketing in a Capitol building.

He faces a July 22 trial.

Sought FBI Agents

Mr. Pope most recently asked the court to compel federal prosecutors to identify all FBI special agents or other employees who were “material witnesses” at the Capitol on Jan. 6 and produce “all photographs, videos, and records related to their presence.”

In that motion, Mr. Pope cited two suspected FBI agents who attended Jan. 6 events at the Capitol with former special agent John Guandolo, who once served as the Bureau’s liaison with U.S. Capitol Police.

Mr. Guandolo “has said in interviews that he was with several active-duty FBI agents on January 6, and that he and those agents have been interviewed by the FBI regarding their observations,” Mr. Pope wrote in his Feb. 12 motion.

One of the men was seen on security video clapping enthusiastically as a large crowd of protesters rushed up the east steps to the Columbus Doors. “Oh, oh, oh man, this is huge,” the man said, heard on Mr. Guandolo’s cell phone video that showed the crowd ascending the steps.

The other suspected agent was seen on Capitol Police security video meeting with an FBI SWAT team shortly after its BearCat tactical vehicle rolled onto the House Plaza at about 2:30 p.m. Twenty minutes later the SWAT team responded to the South Door after the shooting of Air Force veteran Ashli Babbitt by Capitol Police Lt. Michael Byrd.

Federal prosecutors argued they have no obligation to investigate the identity or roles of FBI agents on Jan. 6. The judge concurred.

“The Court agrees with the government and finds that defendant has failed to show that the government has an obligation to produce the requested material,” Judge Contreras wrote.

In another motion denied by Judge Contreras, Mr. Pope sought to compel the U.S. Department of Justice to inventory and provide access to all Capitol Police security video it has had in its possession.

Mr. Pope said footage is missing from some of the 1,800 USCP security cameras, and prosecutors have only produced 6,000 hours of security video in discovery. A U.S. House committee that oversees Capitol Police has released 20,000 hours of an expected 40,000 hours it will post publicly.

William Pope of Topeka, Kansas, carries an American flag just inside the Senate Wing Door at the U.S. Capitol on Jan. 6, 2021. (U.S. Capitol Police/Screenshot via The Epoch Times)

Mr. Pope wrote that the importance of the security video—thousands of hours of which are now available on Rumble—is underscored by an investigation suggesting two Capitol police officers perjured themselves in the first Oath Keepers trial in the fall of 2022.

Video obtained by Blaze Media showed that a supposed confrontation between Officer Harry Dunn and the Oath Keepers could not have occurred as he described under oath. Capitol Police Special Agent David Lazarus, who testified that he witnessed the confrontation, was in another part of Capitol grounds at the time.

‘Not Beneficial’

“While Pope asserts that the missing camera footage is ‘highly relevant to January 6 cases, including [his] own,’ … he does not explain what he expects the footage to show or why that footage would assist in his defense,” Judge Contreras wrote. “Much of the camera footage that Pope requests depicts areas where Pope never set foot. That footage is therefore not beneficial to Pope’s case.”

The judge also denied Mr. Pope’s Aug. 21, 2023, motion seeking video shot by more than two dozen members of the MPD Electronic Surveillance Unit on Jan. 6. He first requested access to the Electronic Surveillance Unit videos in March 2023.

Former FBI special agent John Guandolo with suspected FBI agents Colleague 1 and Colleague 2, along with an unidentified man labeled in court filings as Colleague 3, on the Southwest Walk of the U.S. Capitol on Jan. 6, 2021. (U.S. Capitol Police/Graphic by The Epoch Times)

The August 2023 motion cites MPD internal affairs investigations of MPD officers Nicholas Tomasula and Lt. Zeb Barcus. Hundreds of pages of documents on Mr. Tomasula were heavily redacted, Mr. Pope said, and “the two reports have led to more questions about misconduct by undercover police.”

Mr. Tomasula was identified as the MPD officer heard on video encouraging protesters on the Northwest Steps to keep going and enter the Capitol. He was heard participating in crowd chants such as, “Whose House? Our House!”

At the foot of the Northwest Steps, as a protester climbed up a makeshift ladder onto the balustrade, Mr. Tomasula shouted: “C’mon, man, let’s go! Leave that [expletive],” his video showed. Mr. Tomasula got help from a protester climbing onto the balustrade, then shouted to protesters moving up the steps, “C’mon, go, go, go!”

Federal prosecutors admitted in 2023 that Mr. Tomasula acted as a provocateur embedded in the crowd on Jan. 6.

Judge Contreras concluded Electronic Surveillance Unit video is only relevant to the extent Mr. Pope can identify an undercover officer whose path he crossed.

“While evidence of undercover officers instigating the riot on January 6 could—hypothetically—be helpful and material to Pope’s case, Pope’s motion ‘never identifies a single individual he interacted with whom he now suspects to be an undercover actor,’” Judge Contreras wrote.

“Pope does not say that he himself spoke with or was induced by any undercover officer,” the judge wrote. “Therefore, he cannot make an entrapment defense with the evidence he seeks from the government, and the material he seeks is irrelevant and immaterial.”

Mr. Pope complained that prosecutors restricted his access to some of the investigative materials, which he described as “highly explosive” and “exculpatory.”

In previous filings, Mr. Pope described several self-identified Antifa supporters who were intercepted by undercover MPD officers on Jan. 6, including one who was carrying a gun.

Metropolitan Police Department undercover detectives Ricardo Leiva and Michael Callahan were part of a three-man Electronic Surveillance Unit team at the U.S. Capitol on Jan. 6, 2021. (U.S. District Court/Screenshot via The Epoch Times)

MPD officers made a traffic stop at 10:15 a.m. on Jan. 6 of a vehicle containing three Antifa operatives: Jonathan Kelly, Logan Grimes, and Dempsey Mikula.

“Undercover officers who stopped their vehicle said they had received reports that the individuals were carrying weapons,” Mr. Pope wrote. “No footage of this incident has been produced by the government in discovery. However, Kelly live-streamed part of the police stop to Facebook.”

Metropolitan Police arrested Mr. Grimes—who identifies as a woman and uses the name Leslie—for carrying a pistol without a license and being in possession of a high-capacity magazine and unregistered ammunition, according to Mr. Pope. The charges were dropped on Jan. 7, 2021.

In a previous filing, Mr. Pope identified undercover MPD officer Ryan Roe, who encountered a still-unidentified protester seen cutting down green plastic temporary fencing on Capitol grounds. Mr. Roe said to #FenceCutterBulwark, “Appreciate it, brother,” according to his video.

Authored by Joseph M. Hanneman via The Epoch Times (emphasis ours),

A federal judge in Washington D.C. has denied seven motions from a defendant seeking to identify FBI agents in Jan. 6 crowds and gain access to undercover videos shot by Metropolitan Police Department (MPD) officers, at least one of whom incited the crowds at the U.S. Capitol.

Former FBI special agent John Guandolo (center) with two possible active FBI special agents at the U.S. Capitol on Jan. 6, 2021. (Illustration by The Epoch Times, U.S. Capitol Police/Graphic by The Epoch Times)

In a 22-page order, U.S. District Judge Rudolph Contreras ruled against William Pope on a range of motions filed in his Jan. 6 criminal case since May 2023.

Judge Contreras partially granted a government cross-motion to modify the evidence protective order in the case. “I now have the most restricted discovery access conditions of any Jan 6 defendant,” Mr. Pope wrote on X.

“All I’m asking for is a fair fight in court, but he’s denying me rights to defend myself Pro Se that aren’t denied to attorneys,” Mr. Pope told The Epoch Times in a statement. “Even though some January 6 attorneys have filed highly sensitive materials as public exhibits, or leaked them on social media, I have not released a single sensitive or highly sensitive file governed by the protective order.”

Mr. Pope, 38, publisher of the news website Free State Kansas, was at the Capitol on Jan. 6, covering the protest and subsequent violence.

Federal prosecutors charged him with civil disorder, corruptly obstructing an official proceeding, entering and remaining in a restricted building or grounds, disorderly and disruptive conduct in a restricted building or grounds, impeding ingress or egress in a restricted building or grounds, disorderly conduct in a Capitol building, impeding passage through the Capitol grounds or buildings, and parading, demonstrating, or picketing in a Capitol building.

He faces a July 22 trial.

Sought FBI Agents

Mr. Pope most recently asked the court to compel federal prosecutors to identify all FBI special agents or other employees who were “material witnesses” at the Capitol on Jan. 6 and produce “all photographs, videos, and records related to their presence.”

In that motion, Mr. Pope cited two suspected FBI agents who attended Jan. 6 events at the Capitol with former special agent John Guandolo, who once served as the Bureau’s liaison with U.S. Capitol Police.

Mr. Guandolo “has said in interviews that he was with several active-duty FBI agents on January 6, and that he and those agents have been interviewed by the FBI regarding their observations,” Mr. Pope wrote in his Feb. 12 motion.

One of the men was seen on security video clapping enthusiastically as a large crowd of protesters rushed up the east steps to the Columbus Doors. “Oh, oh, oh man, this is huge,” the man said, heard on Mr. Guandolo’s cell phone video that showed the crowd ascending the steps.

The other suspected agent was seen on Capitol Police security video meeting with an FBI SWAT team shortly after its BearCat tactical vehicle rolled onto the House Plaza at about 2:30 p.m. Twenty minutes later the SWAT team responded to the South Door after the shooting of Air Force veteran Ashli Babbitt by Capitol Police Lt. Michael Byrd.

Federal prosecutors argued they have no obligation to investigate the identity or roles of FBI agents on Jan. 6. The judge concurred.

“The Court agrees with the government and finds that defendant has failed to show that the government has an obligation to produce the requested material,” Judge Contreras wrote.

In another motion denied by Judge Contreras, Mr. Pope sought to compel the U.S. Department of Justice to inventory and provide access to all Capitol Police security video it has had in its possession.

Mr. Pope said footage is missing from some of the 1,800 USCP security cameras, and prosecutors have only produced 6,000 hours of security video in discovery. A U.S. House committee that oversees Capitol Police has released 20,000 hours of an expected 40,000 hours it will post publicly.

William Pope of Topeka, Kansas, carries an American flag just inside the Senate Wing Door at the U.S. Capitol on Jan. 6, 2021. (U.S. Capitol Police/Screenshot via The Epoch Times)

Mr. Pope wrote that the importance of the security video—thousands of hours of which are now available on Rumble—is underscored by an investigation suggesting two Capitol police officers perjured themselves in the first Oath Keepers trial in the fall of 2022.

Video obtained by Blaze Media showed that a supposed confrontation between Officer Harry Dunn and the Oath Keepers could not have occurred as he described under oath. Capitol Police Special Agent David Lazarus, who testified that he witnessed the confrontation, was in another part of Capitol grounds at the time.

‘Not Beneficial’

“While Pope asserts that the missing camera footage is ‘highly relevant to January 6 cases, including [his] own,’ … he does not explain what he expects the footage to show or why that footage would assist in his defense,” Judge Contreras wrote. “Much of the camera footage that Pope requests depicts areas where Pope never set foot. That footage is therefore not beneficial to Pope’s case.”

The judge also denied Mr. Pope’s Aug. 21, 2023, motion seeking video shot by more than two dozen members of the MPD Electronic Surveillance Unit on Jan. 6. He first requested access to the Electronic Surveillance Unit videos in March 2023.

Former FBI special agent John Guandolo with suspected FBI agents Colleague 1 and Colleague 2, along with an unidentified man labeled in court filings as Colleague 3, on the Southwest Walk of the U.S. Capitol on Jan. 6, 2021. (U.S. Capitol Police/Graphic by The Epoch Times)

The August 2023 motion cites MPD internal affairs investigations of MPD officers Nicholas Tomasula and Lt. Zeb Barcus. Hundreds of pages of documents on Mr. Tomasula were heavily redacted, Mr. Pope said, and “the two reports have led to more questions about misconduct by undercover police.”

Mr. Tomasula was identified as the MPD officer heard on video encouraging protesters on the Northwest Steps to keep going and enter the Capitol. He was heard participating in crowd chants such as, “Whose House? Our House!”

At the foot of the Northwest Steps, as a protester climbed up a makeshift ladder onto the balustrade, Mr. Tomasula shouted: “C’mon, man, let’s go! Leave that [expletive],” his video showed. Mr. Tomasula got help from a protester climbing onto the balustrade, then shouted to protesters moving up the steps, “C’mon, go, go, go!”

Federal prosecutors admitted in 2023 that Mr. Tomasula acted as a provocateur embedded in the crowd on Jan. 6.

Judge Contreras concluded Electronic Surveillance Unit video is only relevant to the extent Mr. Pope can identify an undercover officer whose path he crossed.

“While evidence of undercover officers instigating the riot on January 6 could—hypothetically—be helpful and material to Pope’s case, Pope’s motion ‘never identifies a single individual he interacted with whom he now suspects to be an undercover actor,’” Judge Contreras wrote.

“Pope does not say that he himself spoke with or was induced by any undercover officer,” the judge wrote. “Therefore, he cannot make an entrapment defense with the evidence he seeks from the government, and the material he seeks is irrelevant and immaterial.”

Mr. Pope complained that prosecutors restricted his access to some of the investigative materials, which he described as “highly explosive” and “exculpatory.”

In previous filings, Mr. Pope described several self-identified Antifa supporters who were intercepted by undercover MPD officers on Jan. 6, including one who was carrying a gun.

Metropolitan Police Department undercover detectives Ricardo Leiva and Michael Callahan were part of a three-man Electronic Surveillance Unit team at the U.S. Capitol on Jan. 6, 2021. (U.S. District Court/Screenshot via The Epoch Times)

MPD officers made a traffic stop at 10:15 a.m. on Jan. 6 of a vehicle containing three Antifa operatives: Jonathan Kelly, Logan Grimes, and Dempsey Mikula.

“Undercover officers who stopped their vehicle said they had received reports that the individuals were carrying weapons,” Mr. Pope wrote. “No footage of this incident has been produced by the government in discovery. However, Kelly live-streamed part of the police stop to Facebook.”

Metropolitan Police arrested Mr. Grimes—who identifies as a woman and uses the name Leslie—for carrying a pistol without a license and being in possession of a high-capacity magazine and unregistered ammunition, according to Mr. Pope. The charges were dropped on Jan. 7, 2021.

In a previous filing, Mr. Pope identified undercover MPD officer Ryan Roe, who encountered a still-unidentified protester seen cutting down green plastic temporary fencing on Capitol grounds. Mr. Roe said to #FenceCutterBulwark, “Appreciate it, brother,” according to his video.

Tenants of a luxury apartment building blocks from the White House were furious this week after they discovered the building's management company fired all front desk workers and replaced them with Amazon delivery lockers.

Journalist Samuel Breslow of the media outlet The Forward wrote on X about tenants of CityCenterDC, a mixed-use development consisting of two condominium buildings, two rental apartment buildings, two office buildings, and a luxury hotel, on 10th St NW, or about a five-minute walk to the White House, "protested the surprise decision to fire front desk staff, replacing them with Amazon delivery lockers."

Tenants of the @CityCenterDC luxury apartments are protesting a surprise decision to fire front desk staff, replacing them with Amazon/@minnowpod delivery lockers.@Hines management prepared a presentation to try to appease; they didn't get beyond the first slide.#CityCenterDC pic.twitter.com/Zx4wK0Ov8I

The building described the move to replace human workers with Amazon lockers as a "technology advancement aimed at enriching your stay." 

Apartments.com shows that CityCenterDC's rent ranges from $2,500 a month for a studio to $15,300 for a luxury apartment. 

On Instagram, user washingtonianprobs posted Breslow's story. Folks there weren't thrilled: 

"All the crime and violence goin around the last thing they should do is leave the front desk unattended," one Instagram user said. 

Someone asked: "How did the property management company think that replacing the front desk ppl with lockers is the same?"

"Goes to show how disconnected they are with people outside of their status. They don't realize that replacing front desk staff with storgage boxes is taking away jobs from people and altering folks livelihood," another user said.

 For ZH readers, this example of AI automation job loss is not surprising. Recall this Goldman note: "AI Will Lead To 300 Million Layoffs In The US And Europe." 

Authored by Giorgio Cafiero via The Cradle

Launched in 2017, Saudi Arabia’s NEOM, a sprawling high-tech development on the northwestern Red Sea coast, was introduced as the crown jewel of Vision 2030. This futuristic desert megaproject, extending over some Jordanian and Egyptian territory, was cast as a bold leap toward economic diversification under the leadership of Saudi Crown Prince Mohammed bin Salman (MbS). But, recent geopolitical setbacks have raised significant concerns about the viability of some of NEOM's components.

Initially celebrated for its revolutionary design, The Line, a linear city within NEOM, was to redefine urban living. Yet, recent reports suggest a dramatic scaling back. Earlier this month, Bloomberg revealed a massive reduction in the metropolis’ scope – from 105 to 1.5 miles – and a decrease in likely inhabitants from 1.5 million to fewer than 300,000 by 2030. Furthermore, funding uncertainties and workforce reductions indicate a project in jeopardy.

While this adjustment does not signify a wholesale failure of Vision 2030, it does prompt a re-evaluation of the project’s most ambitious elements. 

Experts suggest that The Line’s original scale was overly optimistic, lacking the necessary urban infrastructure for such an innovative endeavor. Financial and geopolitical challenges, including regional instability and insufficient foreign direct investment, further complicate NEOM’s future.

Not so straight-forward 

The drastic downsizing of The Line “appears to be a reassessment of timeline feasibility,” Dr Robert Mogielnicki, a senior resident scholar at the Arab Gulf States Institute in Washington, tells The Cradle. “There are many experimental, world-first dimensions within the NEOM gigaproject, and some are eventually going to need rightsizing or rethinking.”

Also speaking to The Cradle, Dr Kristian Coates Ulrichsen, a Baker Institute Fellow at Rice University, believes the project’s contraction to be a good thing:

Reports that The Line may be scaled back significantly is actually a positive move if it injects greater realism into a project whose initial scale appeared fanciful and difficult to translate into reality. Greater pragmatism in designing and delivering the gigaprojects associated with Vision 2030 is a good thing and means there is a greater likelihood of the projects making it off the drawing board.

Given financial and economic factors, The Line was never feasible as initially presented. Ultimately, the amount of wealth the Saudis generate from oil is not enough to finance the most ambitious of MbS’ Vision 2030 projects. And Riyadh has not been able to lure the levels of foreign direct investment needed to make these extremely expensive vanity projects realizable. 

“The vast scope of [The Line] always struck me and many other observers as aspirational rather than realistic,” explains Gordon Gray, the former US ambassador to Tunisia. 

Some analysts have pushed back against the recent avalanche of negative media coverage...

All the gloating about NEOM getting scaled back misses the point.

NEOM is a “moonshot” that has already succeeded.

It totally shifted the parameters of acceptable ambition in Saudi Arabia and made people see the kingdom within a paradigm of development.https://t.co/UjAX5CSdfM

Speaking to The Cradle, Ryan Bohl, a Middle East and North African analyst at risk intelligence company RANE, says: 

I’d argue that the goals for The Line were unrealistic from the start, given that there’s virtually no urban infrastructure in the area, and it’s very difficult for cities to be started from scratch like that, regardless of the amount of investment poured in. Even if Saudi Arabia had, for example, done something extreme like declare NEOM to be their new capital city, it would still probably struggle to attract residents as we’ve seen from other historical examples like Brazil’s shift of its capital to Brasília.

Nonetheless, The Line and other singular projects had a purpose that was not necessarily about actually implementing the projects themselves. “The point of The Line, in particular, was to create a raison de parler – for people to actually talk about Saudi Arabia, to create a massive public debate globally where people are saying there’s something amazing happening in the desert,” Dr Andreas Krieg, an associate professor at King’s College London, tells The Cradle. 

It attracts attention. That sort of discourse – positive or negative – creates a buzz. That buzz was supposed to attract investors who wanted to be a part of this, help Saudi Arabia build a city of the future, and try to do something completely outlandish and absolutely unconventional.

Gaza: a wrench in the works

The leadership in Riyadh has understood that the success of Vision 2030 heavily depends on attracting substantial foreign direct investment into the Kingdom. Ultimately, stability in Saudi Arabia and the wider West Asian region is crucial.

Consequently, Riyadh’s recent foreign policy has been less ideological, focusing instead on maintaining amicable terms with all major players in West Asia to advance Saudi business, commercial, and economic interests. 

Within this context, Riyadh has worked to reach a peace deal with Yemen’s Ansarallah resistance movement, made an effort to preserve the Beijing-brokered 2023 Saudi–Iranian détente, restored relations with Qatar and Syria, and mended fences with Turkiye.

Therefore, beyond financial and economic constraints that require a reassessment of the most ambitious Vision 2030 projects, such as The Line, Israel’s brutal six-month war on Gaza and the expansion of that conflict into the Red Sea have created headwinds for Saudi Arabia’s geoeconomic plans.

As Arhama Siddiqa, a Research Fellow at the Institute of Strategic Studies Islamabad, explains to The Cradle:

Given the current instability in the Red Sea region, investors may hesitate to support a large-scale project like NEOM due to perceived risks. Even if the direct security threat to NEOM is minimal, the overall instability in the area can deter investors from committing substantial resources to a long-term venture. Additionally, the broader [West Asia] conflict further complicates the situation, adding another layer of uncertainty. Addressing these security concerns could require Saudi Arabia to allocate more resources to regional security measures, potentially diverting funds from the NEOM project.

There is no denying that Saudi Arabia’s economic diversification agenda is vulnerable to naval operations in the Red Sea. NEOM and other Red Sea projects require vessels to be able to freely travel from the Gulf of Aden through the Bab al-Mandab and up to Saudi Arabia’s west coast. 

THE LINE, @NEOM ‘s groundbreaking vertical city, reimagines urban living: no roads, cars, or emissions – just 5 minutes to all you need. Powered by the world’s latest tech for sustainability, connectivity, lifestyle. pic.twitter.com/If1mGAM3wV

The Gaza war’s potential spillover into this vital waterway continues to raise concerns for Saudi officials about the impact on the Kingdom’s Vision 2030. These dynamics help explain Riyadh’s frustration with the White House for not leveraging its influence over Israel to negotiate a ceasefire in Gaza. It has led to Saudi Arabia’s decision to abstain from joining any US-led security initiatives and military operations in the Red Sea and Yemen.

The Israel–NEOM connection 

Israel’s geographic proximity to northwestern Saudi Arabia, its technological advancement, and its vibrant startup culture position the occupation state as a promising partner for Vision 2030 and the NEOM project, particularly in biotechnology, cybersecurity, and manufacturing. 

Writing in March 2021, Dr Ali Dogan, previously a Research Fellow at the Leibniz-Zentrum Moderner Orient, went as far as arguing that “relations with Israel are necessary for Saudi Arabia to complete NEOM.” 

Dr Mohammad Yaghi, a research fellow at Germany’s Konrad Adenauer Stiftung, similarly stated that NEOM “requires peace and coordination with Israel, especially if the city is to have a chance of becoming a tourist attraction.” However, Saudi Arabia’s leadership role in the Islamic world, exemplified by the monarch’s title as the “Custodian of the Two Holy Mosques,” makes any formal normalization of relations with Tel Aviv highly sensitive. 

Initially, it was thought that while the UAE and Bahrain could establish overt relations with Israel, Saudi Arabia would continue to engage covertly, ensuring essential collaborations like those rumored in the tech sector could progress discreetly. 

An example being in June 2020, when controversy arose over Saudi Arabia’s alleged engagement with an Israeli cybersecurity firm, which the Saudi embassy later denied.

Yet, almost seven months into Israel’s campaign to annihilate Gaza, can Saudi Arabia still look to Tel Aviv as a partner in NEOM? It appears that amid ongoing crises in the region, chiefly the Gaza genocide, Riyadh must be careful to avoid being seen as cooperating with the Israelis in covert ways, and full-fledged normalization seems off the table for the foreseeable future. 

Nonetheless, after the dust settles in Gaza and the Red Sea security crisis calms down, Saudi Arabia will likely maintain its interest in fostering ties with Israel as part of an “economic normalization” between the two countries. This could be important to Vision 2030’s future, particularly in NEOM. But Israel’s unprecedented military campaign in Gaza will likely alter West Asia in many ways for decades to come. Even after the current war in Gaza is over, anger toward Israel and the US will continue.

Without a doubt, the Israeli–NEOM connection will be increasingly sensitive and controversial, both in the Kingdom and the wider region – a factor that the leadership in Riyadh cannot dismiss.

A Secret Service agent assigned to protect Vice President Kamala Harris got into a physical altercation with several other agents Monday morning around 9 a.m. near Joint Base Andrews, located near Washington DC.

The agent in question was immediately "removed from their assignment," the Secret Service told the NY Post.

"A US Secret Service special agent supporting the Vice President’s departure from Joint Base Andrews began displaying behavior their colleagues found distressing," said Anthony Guglielmi, chief of communications.

According to CBS News, "the agent spouted gibberish, was speaking incoherently and provoked another officer physically," and "pushed the special agent in charge while they were near the lounge of Joint Base Andrews."

They were immediately handcuffed and detained by other Secret Service agents who intervened, and ambulances were called to the scene. An initial medical evaluation concluded that there was no indication of substance abuse.

The USSS remains in a temporary holding pattern until further information becomes available, the sources said. After the agent receives additional medical attention and further evaluation, it will be determined if they can return to work. An internal review will be conducted and the USSS will assess if the agent's top secret security clearance will be removed for medical or disciplinary reasons, sources explained. -NBC News

Harris was at the Naval Observatory at the time according to the USSS, and the incident had "no impact on her departure from Joint Base Andrews" on the day in question.

According to RealClearPolitics journalist Susan Crabtree, "there are DEI concerns among the USSS community about the hiring of this agent," adding "Other agents and officers within the USSS are asking questions about the agent’s hiring process, whether the USSS did enough to look into the agent’s background and monitor the agent’s mental well-being…"

Other details: Sources say the agent in question was acted erratically upon showing up for a traveling shift at Joint Base Andrews. The agent ended up tackling the Senior Agent in Charge of the VP detail, got on top of him and started punching him. At this point, I'm told, the…

Authored by Jeffrey Tucker via The Epoch Times,

Smart people know to avoid fallacies.

One of them is known as the fallacy of post hoc ergo propter hoc.

It’s Latin for “after this, therefore because of this.”

The classic example concerns the rooster and the sunrise.

Every morning before the sun comes up, the rooster does his crazy crowing routine, waking up everyone around. Shortly after, the light begins to appear on the horizon.

If you knew nothing else, and you watched this happen over and over, you might conclude that the rooster is causing the sun to rise.

Of course, this is testable. You could kill the rooster and see what happens. The sun still comes up. But wait just a moment. Just the fact that this one rooster is dead doesn’t mean that all roosters are gone. Some rooster somewhere is crowing and causing the sun to rise. So your little experiment doesn’t disprove the theory.

What a conundrum, right?

If someone is convinced that a bird is controlling the sun, there is probably no way to convince him otherwise.

We can laugh at this example. How can someone be so dumb? Actually, this basic fallacy affects all science in all times, all places, and all subjects. The presumption that a regular pattern showing something happens and then something else happens with regularity implies causation is baked into human thinking. Now and always.

It’s a fallacy, meaning that it is not necessarily true. It could be true, however, subject to serious investigation. And therein lies the real problem. We need to figure out what causes what. But discerning causal agents from accidental ones is the biggest issue in all thinking.

The need to know is baked into what it means to be a rational creature. We just cannot help ourselves. That’s why this fallacy persists everywhere.

There is also the famous case of malaria. It was once believed that infections were worse at nightfall, so the theory was that it was caused by cold air at night. Not crazy, right? Except that the real reason was that the mosquitoes came out in the evenings. They were the real culprit. But a bad theory based on fallacy prevented many people from seeing it.

My goodness, we were overwhelmed by this during the COVID-19 experience. The fake science was overwhelming.

Day after day, we saw loads of fake science of this sort being dumped on the world.

Look, California’s cases are down and California bans gatherings, therefore coercive measures are controlling virus spread!

Not so fast.

These factors could be completely unrelated. We might not even have good data on infections at all. Those are subject to testing (accurate or not) and might be completely wrong on a population level. Even if the data were correct, the low infections could be caused by weather, prior immunity, or something else that we have not considered.

Early on, I can recall looking at these amazing real-time charts of infections and deaths and believing that I had a window into reality. Several times, I even posted things along the lines of “See, Arizona has achieved herd immunity,” without understanding that the data were wildly inaccurate and subject to testing, reporting, and a host of other factors. Even the data were suspect: Misclassification was rampant.

And here too, the fallacy of post hoc ergo propter hoc bit everyone extremely hard. But most of us went along with it.

So crazy did it all become that people including bureaucrats at the Centers for Disease Control and Prevention started inventing nutty theories such as that masking protects against virus spread, which science had long proven to be untrue. It became even crazier: You can sit without a mask but walking and standing causes viruses to spread, so that’s when you have to wear a mask!

Absolutely nuts!

It was the same after vaccination.

Countless famous people took to social media to announce they had COVID-19 but it was a mild case thanks to the vaccine. There is simply no way they could know that. They knew for sure that they had the vaccine and they knew for sure that their case of COVID-19 was mild. But believing that one caused the other was simply a matter of faith. It might have been mild regardless. It might have been milder. As time went on, we encountered many studies showing that more vaccination was associated with more infection. Did one cause the other? It’s hard to say.

And yet vast numbers of vaccine studies in the past several years have been affected by this problem. Particularly vexing is the problem of the “healthy user bias,” which is that people who were vaccinated tend to be more compliant and conscientious in other ways too, which meant that initially, it seemed like they had better health outcomes from COVID-19 vaccination, but the results were actually attributable to this bias.

This was revealed in later studies. But the problem of discerning cause and effect from random noise still persists.

The field of medicine has long dealt with this problem. We are mortified that the practice of bleeding patients persisted for centuries even up to the 19th century. How could they have been so stupid? Well, they had a theory that disease was caused by bad humors in the blood so it needed to be drained. Then they observed that the patient got better.

Well, the patient might have gotten better anyway and even faster without bleeding. But it took many centuries to finally realize that. Many non-allopathic medicine people had been screaming about this issue for a long time, but they were ignored as cranks. That’s because bleeding was a conventional practice endorsed by the people with the most professional prestige.

Once you see this fallacy at work, you cannot unsee it. It’s everywhere in medicine but also in economics, health, horticulture, law and sociology, and all the physical world sciences. The gun debate is a good example. There is high crime and there are lots of guns, so people conclude that the guns cause the crime, whereas the presence of guns might simply be a response to crime and a means of protection. Without them, the crime would be far worse.

The fallacy in question drives vast amounts of politics today. There is a tendency to blame any existing president for all existing economic conditions, but the real cause might date further back in time. Still, nearly every debate follows the same lines: This happened; therefore, his actions or inactions caused it. It could be true or it might be the same as the rooster and the sunrise.

We flatter ourselves now that we are beyond such fallacies. They belong only to the superstition-ridden ages of the past. That’s complete nonsense. We are probably more inundated by this fallacy now than ever. Whatever it is that people trust and believe in at any particular time is what people identify as the key to curing whatever malady is around.

Today, people believe in pharmaceuticals. Whatever the issue is, it can be solved by a new lab-created potion. As a result, we are soaked as a society in these, even though the evidence for many of them is scant. The more you look at, for example, the effect of psychiatric drugs, the less it becomes clear whether and to what extent these help or actually may worsen the real problem.

It’s even true with antibiotics. All parents use amoxicillin on childhood ear infections today. But my grandmother swore by putting warm mineral oil in the ear and avoiding conventional meds completely. It took me only a few minutes to discover a 2003 study that randomized whether kids got herbal oils with or without antibiotics. Results: no difference.

The implications are profound. We are so attached to pharma and allopathic strategies that we might be overlooking vast naturopathic and homeopathic methods that work better.

Seizing on one solution and sticking with it prevents the human mind from being creative about other possible and better solutions. Generations can go by in which fallacies rule the day. We can laugh about roosters and sun, bleeding and disease, dances and rain, but how many times do we commit these fallacies in our world today but our dogmatic attachments prevent us from seeing them?

Yemen’s Iran-linked Houthis have announced new aggressive actions in the Gulf of Aden and Red Sea regions, saying late Wednesday that projectiles were launched against more US and Israeli-owned commercial vessels, and that a US warship was also targeted. This follows a period of relative quiet this month.

Houthi military spokesman Yahya Saree said in a video address that an antiship ballistic missile was launched against the Maersk Yorktown cargo ship in the Gulf of Aden, resulting in a direct hit.

The US military subsequently confirmed the fresh attack on the "US-flagged, owned, and operated vessel with 18 US and four Greek crew members"; however, the statement indicated no casualties or damage. The projectile may have exploded near the ship without hitting it.

File image, Maritime Executive

"There were no injuries or damage reported by US, coalition, or commercial ships," US Central Command (CENTCOM) said in the statement, without indicating whether there was any level of an actual direct strike on the ship. Commenting further, Maritime Executive details:

They received a report from a vessel of an explosion in the water approximately 72 nautical miles southeast of the port of Djibouti. The statement only said that there had been an explosion "at a distance," and that the crew and vessel were reported safe. 

CENTCOM further described that within hours of the attack on the Maersk Yorktown, US forces "successfully engaged and destroyed" four drones over Yemen.

The government of Greece this week also said it has been engaged in fresh counter-Houthi actions:

The Greek Ministry of National Defense said on Thursday that one of the country’s military ships serving in the European Union’s naval mission to counter the Houthis in the Red Sea intercepted two drones launched towards a commercial ship from Yemen.

The United Kingdom Maritime Trade Operations (UKMTO) had earlier confirmed an incident some 72 nautical miles (133km) southeast of the port of Djibouti in the Gulf of Aden.

These kind of Houthi attacks in the Red Sea and off Yemen's coast have somewhat waned of late, compared with the near daily intensity of the prior months, and some analysts have speculated that the Houthis are running low on their missile and drone arsenal. 

Prior to Wednesday's new incidents, the last significant Houthi attacks prior to that came two weeks ago. This could also be due to the prospect of some kind of Red Sea truce negotiations which have been reported of late.

UKMTO WARNING INCIDENT 065 - ATTACK#MartimeSecurity #MarSechttps://t.co/fX3hWupi7g pic.twitter.com/mQ3nmxwGj7

A Yemeni official has been cited in regional outlet The National as saying, "In response to the Yemeni group's attempts to target Israeli ships, the US has not only resorted to military action but also sought to convey proposals that would incentivize the militants to stop their attacks."

“Messages containing incentives were sent from the Americans to Sanaa in recent weeks. These messages were delivered through envoys and mediators, including western officials, with the Omani capital, Muscat, also playing a significant role," the source added.

It's not just record capital gains taxes that Americans have to look forward to if they choose "4 more years, pause" of the senile occupant in the White House: As Epoch Times' Jeffrey Tucker reports, property taxes are also about to soar.

Below we excerpt from his latest report on where the Biden tax tsunami sill strike next:

Get Ready to Be Hammered by Property Taxes

There have been very few points of financial solace in the past few years apart from rising financial markets. Part of that has been an incredible increase in home valuations. This comes from inflation, yes, but also from shifts in supply and demand for home purchases. Demand is as it always was but realizing it is another matter.

The problem is on the supply side. In most places around the country, homes are not going on the market at the same and predictable pace they once were. This is for reasons of soaring costs of new mortgages. Many homeowners purchased back when interest rates were absurdly low and negative in real terms, perhaps 2 or 3 percent.

Selling now means paying huge capital gains taxes and then applying for a new mortgage at 7.5 percent. The implications of that seemingly small change are actually gigantic, and making it work without paying drastically more in monthly bills means moving to a cheaper area of the country or downsizing the quality and size of the home.

Rather than make that choice, many homeowners are stuck living right where they are even if they would prefer some other job or home elsewhere. They are frozen in place but, hey, at least these people have homes that they own, right?

Not only that but the valuation that you see on Zillow is going up and up. Yay!

Not so fast. In the United States, you pay property taxes on your home. This reality gives rise to the perennial question: do you really own your home if maintaining that title requires paying huge property taxes on the place annually? If you don’t pay, the house is taken over by the state, period. It feels a bit like renting doesn’t it? Indeed, the difference between renting and owning can get a bit blurry.

Property taxes are the way schools are funded in the United States generally speaking and with some exceptions. Taxes are organized according to school districts, the lines of which are extremely strict. The identical home one street from the next can have a big difference in price based entirely on market perceptions of quality of the schools in the relevant district.

This is a major reason why “school choice,” whereby anyone from any district can attend any other, has never made much progress politically in the United States. It means a tremendous scrambling of ownership valuations. No one wants that.

You pay these taxes whether you use the schools or not and whether or not you even have children at all. That’s what makes them public schools. The public shares in the expense but the reality is that it is not the public but just property owners from one district to another, with subsidies added by state governments and the federal government, plus “booster” organizations formed by parents.

If you are living in a district and stuck in a home because you cannot move due to expense, you are still stuck paying taxes regardless. These are assessed annually based not on the price at which you purchased the home but on the value of the home at present market value. That doesn’t seem fair either. Why should you continue to have to pay more and more in taxes based on valuation that you are not actually seeing in any kind of profit?

You are a sitting duck, forced to cough up whatever the assessors and tax collectors decide you have to pay.

This year alone, we are seeing huge increases in market valuations that are reflected in taxes you have to pay whether you use public schools or not. The taxes on many mid-sized homes in Texas, for example, are going up thousands of dollars right now. The fear in Georgia is so large that some activists have put on the ballot an initiative to cap property taxes to insulate them from market pressures.

Adding to the frustration here is the terrible reality of school closures from 2020–2022. Even if you wanted to use the schools, you could not because the authorities said that there were viruses in the schools that the children would spread and bring home. There was never any evidence at all that schools were uniquely guilty of viral spread but the perception was used as the excuse to force everyone into Zoom school, which taught the kids nothing.

We are now faced with years of learning loss that keeps getting worse, not to mention soaring absenteeism. The routines of an entire generation were disrupted and not returned to normal.

Continue reading at Epoch Times

After the prior week's almost unprecedented outflows, total money market fund assets rose last week (admittedly by a modest $9.1BN), but remain below the $6TN level ($5.97TN) as tax-season draws roll off...

Source: Bloomberg

The flows into money-market fund assets through April 24 mainly on the back of inflows by institutional investors, which had led the tax-related decline the prior week. Institutions added $8.9 billion in money-market fund exposure.

Source: Bloomberg

In a breakdown for the week to April 24, government funds - which invest primarily in securities like Treasury bills, repurchase agreements and agency debt - saw assets rise to $4.84 trillion, a $3.97 billion increase. 

Prime funds, which tend to invest in higher-risk assets such as commercial paper, meanwhile, saw assets rise to $1.02 trillion, a $3.15 billion increase.

Still, cash is expected to continue piling into money funds as long as the Federal Reserve keeps rates on hold - and this week has seen rate-cut expectations tumble further...

Source: Bloomberg

The Fed balance sheet continued to shrink, falling $32.8BN to its lowest since Jan 2021...

Source: Bloomberg

As The Fed starts discussing tapering QT, usage of The Fed's bank bailout facility (now expired but these are 12 month term loans) continued to decline (though only by a tiny $638MM), basically erasing all the late-period arb-driven inflows, leaving a huge $126BN hole in bank balance sheets still being filled by this...

Source: Bloomberg

This means the 'real' crisis money that banks used to save their souls is yet to really unwind from this bailout fund (and rates are considerably higher now than they were a year ago when the balance sheet holes were stuff with fake Fed paper - i.e. the losses are bigger).

Finally, we note that bank reserves at The Fed plunged last week and while US equity market cap has bounced a little in the last two days, we suspect the trend down (and a painful recoupling) remains a threat...

Source: Bloomberg

While there may be no rate-cuts anytime soon... will The Fed taper QT in a big enough manner to avoid that recoupling?