Distinction Matter - Subscribed Feeds

  1. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    Tehran’s doctrine is based on a fatwa Islamic law, which unequivocally prohibits indiscriminate weapons of mass destruction

    In light of the direct conflict that broke out between Israel and Iran, rumors that the Islamic Republic could produce nuclear weapons began circulating again. In addition, just a few days ago Reuters and other media outlets quoted a senior commander of the Islamic Revolutionary Guard Corps (IRGC) saying that Iran may review its nuclear doctrine following Israeli threats.

    The US, EU, and Israel have long feared that Iran may produce nuclear weapons, and have used this threat to justify their actions against the Islamic Republic. However, it is important to understand that Iran’s nuclear doctrine is based on a fatwa (a ruling based on Islamic law) issued by the country’s Supreme Leader. According to this fatwa, the production of nuclear weapons is a sin. However, Iran’s opponents do not believe in the sincerity of this ruling and, they suggest, it can be renounced at any time.

    Things are not that simple

    On April 17 and 18, the first Tehran International Conference on Disarmament and Non-Proliferation took place. The motto of this conference was “Nuclear energy for everyone, nuclear weapons for no one.” There, Ali Akbar Velayati, adviser to the Supreme Leader of Iran, read Ayatollah Khamenei’s message in front of officials and members of various international delegations and organizations.

    “All of you know that, in the absence of the Imam Mahdi, whose coming is expected by the Shiites, the Shiite legal system is based on the opinion of authoritative and highly competent experts in the field of Islamic law (which Iran’s decisions are based on). These religious scholars issue fatwas which clearly indicate whether any action is permissible or not. One [important] issue is the permissibility of the production and use of weapons of mass destruction (chemical, biological, and nuclear weapons) …”.

    Read more An Israeli Air Force fighter jet flies over the border area with south Lebanon on March 12, 2024 US forced Israel to abandon larger attack on Iran – NYT

    Ayatollah Khamenei had carefully analyzed the consequences of the use of nuclear weapons by the Americans in Japan as well as the use of chemical weapons against Iran during the Iran-Iraq war, and stated his position on this issue:

    “We believe that, besides nuclear weapons, other types of weapons of mass destruction, such as chemical and biological weapons, also pose a serious threat to humanity. The Iranian nation, which is itself a victim of chemical weapons, feels more than any other nation the danger that is caused by the production and stockpiling of such weapons, and is prepared to make use of all its facilities to counter such threats. We consider the use of such weapons as haraam [forbidden] and believe that it is everyone’s duty to make efforts to secure humanity against this great disaster.”

    In the period from 2010 to 2015, other religious authorities, such as ayatollahs Makarem Shirazi, Jafar Subhani, Noori-Hamedani, and Javadi Amoli, also issued fatwas that prohibited the production and use of weapons of mass destruction.

    But can the issued fatwas be changed or canceled? Can Iran’s position in this regard change? From a theological point of view, certainly not. Islamic law states clear reasons for this.

    Why Iran can’t produce nuclear weapons

    Nuclear weapons and the radiation which results from their use threaten the environment, causing the destruction of crops and the death of offspring. Verse 205 of Surah al-Baqarah says: “And when he goes away, he strives throughout the land to cause corruption therein and destroy crops and animals. And Allah does not like corruption.”

    The protection of the environment, the preservation of the life of living beings and plants is every Muslim’s obligation under Sharia, Islamic law. The production and stockpiling of nuclear weapons, even if they are never used, may endanger the lives of people on the planet as a result of human error. According to Islamic law, this is unacceptable.

    Islam believes that a victory must be achieved by reasonable, lawful, and humane means.

    As for the rules of warfare, Islam strictly prohibits the killing of civilians, women, children and the elderly, as well as attacks on civilian infrastructure.

    Read more Iran's Supreme Leader Ayatollah Ali Khamenei witha a group of commanders of the Iranian armed forces, Tehran, April 21, 2024. Iran’s supreme leader thanks armed forces for Israel attack

    Here are the main principles of warfare in Islam:

    First, there must be a clear division between military personnel and civilians. Secondly, civilians should not be targeted. Then, weapons that are used in the attack must correspond to the desired (military) goal. Appropriate weapons must be used to strike military targets. The fourth principle is the principle of necessity. The production, stockpiling, and use of nuclear weapons contradicts all four principles of warfare.

    Many hadiths, which are sayings or traditions of the Islamic Prophet Muhammad, also prohibit harming nature and people who cannot defend themselves. For example, Ali ibn Abu Talib (cousin and son-in-law of the Prophet Muhammad) said that the Prophet prohibited adding toxic substances to water – even to the enemy’s water sources – since this may harm civilians.

    Are there loopholes?

    Iran advocates agreements which would prohibit the production, proliferation, and stockpiling of weapons of mass destruction, and generally accedes to such treaties. Iranians can lay claim to remaining faithful to the signed agreements – unlike Americans, who signed a nuclear deal with Tehran under one president then unilaterally withdrew from it when the administration in the White House changed.

    Some people say that Iran is a Shiite country, and in Shia Islam there is a concept called taqiyya, which allows one to conceal one’s beliefs, convictions, etc. in the face of danger. Its critics say Iran covers up its aggressive intentions with false humane and religious principles. This idea is fundamentally wrong, since taqiyya concerns only the fact of protecting and preserving one’s religion – for example, if Muslims are in danger of being killed for their religious beliefs.

    Taqiyya is prohibited if humanity is in danger of being destroyed, or if it contributes to the spread of iniquity and unrest. Therefore, taqiyya is not applicable to the production of nuclear weapons.

    Based on Islamic law, the Supreme Leader of Iran made a definitive decision to ban the production and use of weapons of mass destruction. The US, Israel, and European countries know this very well. At the same time, Iran needs peaceful nuclear energy – and there is nothing dangerous or reprehensible about this.

  2. Site: Zero Hedge
    2 weeks 1 day ago
    Author: Tyler Durden
    Yields Will Trigger "Serious Earthquakes" Across The Economy, Former Floor Trader Says

    Submitted by QTR's Fringe Finance

    Jack Boroudjian is a legendary former floor trader and now Chairman of SmartXData. Aside from over 30 years of industry experience, Jack is a published author "Secrets of the Trading", Wiley 2007 and has countless articles published in industry periodicals and websites. Jack appears regularly as a paid, guest contributor for CNBC, both domestic and Asia, and has done over 5000 global guest Television appearances. Jack graduated with honors and distinctions from Loyola University of Chicago and is happily married with two adult children.

    Jack and I discussed monetary policy, fiscal policy, the move in gold, politics and why the bond market may take the spending keys away from the Biden administration for more than an hour last weekend.

    "People have been conditioned to buy dips, and quite frankly, it was almost forced upon us," Jack explains. He points to several factors that shaped this behavior: "The Fed keeping money very loose, the lack of alternative investment avenues, and no real competition for capital—all of these elements contributed to creating a market condition that was, if you think about it, almost obscene."

    Boroudjian draws on his experiences from the trading floors to illustrate his point: "It almost feels like what we used to call on the floor of the exchange, the big sucking noise. You'd hear people getting sucked into positions, all chasing the same strategy, and then, suddenly, the market would correct."

    He reflects on the impact of such corrections: "I've seen the market correct by 20%, 30% numerous times in my life. But consider this: a 30% correction now equates to 1,500 S&P points. That's more than most people have ever witnessed in their lifetimes."

    "Because there are still way too many people convinced that this little 5% pullback is a blip—it's nothing more than a hiccup. I've had at least half a dozen people tell me it's an election year; there's no way they'll let the market break. But the reality is this: if anybody really wants to know what's going on, I would suggest reading Nassim Taleb's book, 'Black Swan.' It talks about it.”

    Jack continues: “Nassim was a trader at First Boston—many don't know his story, but I used to handle him on the floor. He was an options trader in the pit and he went broke. This is one of the most brilliant minds on Wall Street, and he went broke as a floor trader. He got off the floor and ended up making billions of dollars. What took him down was a black swan, something that came out of nowhere that he did not expect, and that's exactly what we could see happening now. Could it be something that we've already seen the beginnings of?"

    Talking about gold, Jack said: "So fundamentally, something has shifted in the last few months in the gold market. If you've noticed, central bank buying has never been this strong before. All of a sudden, you're starting to see Russia pay for things with gold. People are now paying for Russian oil with gold.”

    “Gold is becoming the currency that Bitcoin was hoping to be one day. And it's really starting to turn into something more tangible than fiat currency. It gives you a reflection of how people are starting to feel about paper money. They're starting to realize that maybe there's a problem there. So when central banks start to buy gold, that tells you there is more than just a technical breakout. There's a fundamental shift happening, whether they believe that there is a debasement that is going to occur and continue to occur. And if that's the case, then you will see them stockpile gold, or they see it as a safe haven and see huge problems down the road. And I hope that's not the case,” he continued.

    Jack explained that watching the 10 year is going to be the way to gauge the health of the economy.

    "This is what I keep telling people: watch the 10-year yield. Keep an eye on the 10-year and the 30, but more importantly, the 10, because that's the part of the curve that the Fed really cannot manipulate. They can do the short end of the curve, but they can't do the long end.”

    He continued: “Why do I say that? We used to call them the bond vigilantes in the old days. They were the people that would come in and you'd start to see them hitting that bond market, especially on the long end, because of what you just described. When the bond market starts to understand that the biggest expenditure on the balance sheet now is going to be servicing the debt, bigger than defense, bigger than anything else, you'll start to see bonds get hit, especially on the long end. That's one of the reasons we've started to see the 10-year doing what it's been doing.”

    “I think we see a five, maybe even five and a half percent 10-year before we're done here,” Jack said. “And if that's the case, that is going to trigger some serious earthquakes within real estate and other sectors of the economy. So to me, we're on the precipice. You can feel it. But how long will we be here? I don't know. It feels like something can break at any time. But then again, you know what? We could be two years early. And if that's the case, it could stay ridiculously overbought for two years."

    "The 10-year bond is the most liquid. It's the one that everybody—the Chinese, the Saudis—is holding. That's the fixed income note of choice for the entire world."

    "The one thing that I know about the Treasury market is that less than 5% of the people in finance understand the Treasury market, which is scary when you think about it. And that's the truth, Chris. Think about that. Less than 5%. That's the going rate. And everyone knows stocks. And as you were talking about it, people that have been in the market for the last 10 years have seen the stock market go nothing but up and seen a bond market that's gone nothing but down. But the reality is that this bond market is poised to do something historical in my mind."

    You can listen to my full interview with Jack at this link and for more on how treasury auctions work, you can read this piece: Treasury Auctions Explained For People With Short Attention Spans

    QTR’s Disclaimer: I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have not been fact checked and are the opinions of their authors and are either published with the author’s permission or under a Creative Commons license. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. These positions can change immediately as soon as I publish this, with or without notice. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.

    Tyler Durden Wed, 04/24/2024 - 12:05
  3. Site: AsiaNews.it
    2 weeks 1 day ago
    While the country is getting ready to welcome Pope Francis in September, amendments have been proposed to assert the country's Christian identity. For the Catholic Bishops' Conference, this is a 'dangerous' step that 'obscures and even erases our unique Melanesian identity [. . .] rather than acknowledge, celebrate and perfect it through the Gospel'. ...
  4. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    More than half of respondents said the rules laid down in the Quran take precedence, in their eyes

    The majority of Muslim schoolchildren in the German state of Lower Saxony view religious rules as more important than the law, a new study has found. More than a third of respondents also indicated that they condoned acts of violence against those who insult Islam.

    Germany has been the destination of choice for hundreds of thousands of migrants from Türkiye for decades. In 2015, then-chancellor Angela Merkel opened the borders to several million refugees and migrants, predominantly from Muslim nations such as Syria, Iraq and Afghanistan. Although the influx has since diminished, people continue to arrive in Germany by the thousands.

    According to estimates provided by the country’s interior ministry, there are over five million Muslims currently residing in the country, which translates to nearly 7% of the entire population.

    Read more  Ukrainian refugees arrive at the main railway station in Berlin. German communities can’t take any more Ukrainians – local government boss

    In its report on Sunday, Bild, citing a study by the Lower Saxony Criminology Research Institute, reported that 67.8% of schoolchildren polled said that the “rules of the Quran are more important to me than the laws in Germany”; 45.8% said that Islamic theocratic rule is the best form of state government, with over half contending that it is only their religion that has answers to the “problems of our times.”

    According to the study’s findings, 35.3% suggested that insults directed at Islam and its prophet are reason enough for a violent attack. More than a fifth of respondents argued that the “threat to Islam posed by the Western world” justifies a violent response on the part of Muslims.

    The researchers surveyed a total of 8,539 people in Lower Saxony, including 300 Muslims. Bild pointed out that the findings thus cannot be extrapolated to the whole of Germany.

    Nevertheless, Christoph de Vries from Hamburg, who represents the opposition Christian Democratic Union (CDU) in the German parliament, told the media outlet that the “study shows how deep the traces are that the political Islam has already left behind in Germany.” The lawmaker attributed the troubling trend to “systematic indoctrination,” adding that “multiculti has long since failed.”

    The secretary of education from the neighboring Schleswig-Holstein region, Karin Prien, also from the CDU party, warned that unless “democratic values” are better instilled into students, “social cohesion risks going into a skid.”

  5. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    More than half of respondents said the rules laid down in the Quran take precedence, in their eyes

    The majority of Muslim schoolchildren in the German state of Lower Saxony view religious rules as more important than the law, a new study has found. More than a third of respondents also indicated that they condoned acts of violence against those who insult Islam.

    Germany has been the destination of choice for hundreds of thousands of migrants from Türkiye for decades. In 2015, then-chancellor Angela Merkel opened the borders to several million refugees and migrants, predominantly from Muslim nations such as Syria, Iraq and Afghanistan. Although the influx has since diminished, people continue to arrive in Germany by the thousands.

    According to estimates provided by the country’s interior ministry, there are over five million Muslims currently residing in the country, which translates to nearly 7% of the entire population.

    Read more  Ukrainian refugees arrive at the main railway station in Berlin. German communities can’t take any more Ukrainians – local government boss

    In its report on Sunday, Bild, citing a study by the Lower Saxony Criminology Research Institute, reported that 67.8% of schoolchildren polled said that the “rules of the Quran are more important to me than the laws in Germany”; 45.8% said that Islamic theocratic rule is the best form of state government, with over half contending that it is only their religion that has answers to the “problems of our times.”

    According to the study’s findings, 35.3% suggested that insults directed at Islam and its prophet are reason enough for a violent attack. More than a fifth of respondents argued that the “threat to Islam posed by the Western world” justifies a violent response on the part of Muslims.

    The researchers surveyed a total of 8,539 people in Lower Saxony, including 300 Muslims. Bild pointed out that the findings thus cannot be extrapolated to the whole of Germany.

    Nevertheless, Christoph de Vries from Hamburg, who represents the opposition Christian Democratic Union (CDU) in the German parliament, told the media outlet that the “study shows how deep the traces are that the political Islam has already left behind in Germany.” The lawmaker attributed the troubling trend to “systematic indoctrination,” adding that “multiculti has long since failed.”

    The secretary of education from the neighboring Schleswig-Holstein region, Karin Prien, also from the CDU party, warned that unless “democratic values” are better instilled into students, “social cohesion risks going into a skid.”

  6. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    More than half of respondents said the rules laid down in the Quran take precedence, in their eyes

    The majority of Muslim schoolchildren in the German state of Lower Saxony view religious rules as more important than the law, a new study has found. More than a third of respondents also indicated that they condoned acts of violence against those who insult Islam.

    Germany has been the destination of choice for hundreds of thousands of migrants from Türkiye for decades. In 2015, then-chancellor Angela Merkel opened the borders to several million refugees and migrants, predominantly from Muslim nations such as Syria, Iraq and Afghanistan. Although the influx has since diminished, people continue to arrive in Germany by the thousands.

    According to estimates provided by the country’s interior ministry, there are over five million Muslims currently residing in the country, which translates to nearly 7% of the entire population.

    Read more  Ukrainian refugees arrive at the main railway station in Berlin. German communities can’t take any more Ukrainians – local government boss

    In its report on Sunday, Bild, citing a study by the Lower Saxony Criminology Research Institute, reported that 67.8% of schoolchildren polled said that the “rules of the Quran are more important to me than the laws in Germany”; 45.8% said that Islamic theocratic rule is the best form of state government, with over half contending that it is only their religion that has answers to the “problems of our times.”

    According to the study’s findings, 35.3% suggested that insults directed at Islam and its prophet are reason enough for a violent attack. More than a fifth of respondents argued that the “threat to Islam posed by the Western world” justifies a violent response on the part of Muslims.

    The researchers surveyed a total of 8,539 people in Lower Saxony, including 300 Muslims. Bild pointed out that the findings thus cannot be extrapolated to the whole of Germany.

    Nevertheless, Christoph de Vries from Hamburg, who represents the opposition Christian Democratic Union (CDU) in the German parliament, told the media outlet that the “study shows how deep the traces are that the political Islam has already left behind in Germany.” The lawmaker attributed the troubling trend to “systematic indoctrination,” adding that “multiculti has long since failed.”

    The secretary of education from the neighboring Schleswig-Holstein region, Karin Prien, also from the CDU party, warned that unless “democratic values” are better instilled into students, “social cohesion risks going into a skid.”

  7. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    More than half of respondents said the rules laid down in the Quran take precedence, in their eyes

    The majority of Muslim schoolchildren in the German state of Lower Saxony view religious rules as more important than the law, a new study has found. More than a third of respondents also indicated that they condoned acts of violence against those who insult Islam.

    Germany has been the destination of choice for hundreds of thousands of migrants from Türkiye for decades. In 2015, then-chancellor Angela Merkel opened the borders to several million refugees and migrants, predominantly from Muslim nations such as Syria, Iraq and Afghanistan. Although the influx has since diminished, people continue to arrive in Germany by the thousands.

    According to estimates provided by the country’s interior ministry, there are over five million Muslims currently residing in the country, which translates to nearly 7% of the entire population.

    Read more  Ukrainian refugees arrive at the main railway station in Berlin. German communities can’t take any more Ukrainians – local government boss

    In its report on Sunday, Bild, citing a study by the Lower Saxony Criminology Research Institute, reported that 67.8% of schoolchildren polled said that the “rules of the Quran are more important to me than the laws in Germany”; 45.8% said that Islamic theocratic rule is the best form of state government, with over half contending that it is only their religion that has answers to the “problems of our times.”

    According to the study’s findings, 35.3% suggested that insults directed at Islam and its prophet are reason enough for a violent attack. More than a fifth of respondents argued that the “threat to Islam posed by the Western world” justifies a violent response on the part of Muslims.

    The researchers surveyed a total of 8,539 people in Lower Saxony, including 300 Muslims. Bild pointed out that the findings thus cannot be extrapolated to the whole of Germany.

    Nevertheless, Christoph de Vries from Hamburg, who represents the opposition Christian Democratic Union (CDU) in the German parliament, told the media outlet that the “study shows how deep the traces are that the political Islam has already left behind in Germany.” The lawmaker attributed the troubling trend to “systematic indoctrination,” adding that “multiculti has long since failed.”

    The secretary of education from the neighboring Schleswig-Holstein region, Karin Prien, also from the CDU party, warned that unless “democratic values” are better instilled into students, “social cohesion risks going into a skid.”

  8. Site: LifeNews
    2 weeks 1 day ago
    Author: Steven Ertelt

    Every single state in America with an abortion ban in place allows abortions in emergency circumstances if necessary to save the life of the mother. There is no pro-life state in America that forces pregnant women to put their lives at risk.

    But during an abortion debate at the Supreme Court today, Justice Sonia Sotomayor lied about this.

    She falsely claimed some states prohibit abortions to save the mother’s life.

    During an exchange with Idaho attorney Joshua Turner, who is defending the state’s pro-life law in court from an attack by the Biden administration – which wants to overturn the law to allow all abortions in Idaho – Sotomayor made the false statement.

    “What you’re saying is that no state in the nation — and there are some right now that don’t even have that as an exception to their anti-abortion laws — what you’re saying is there is no federal law on the books that prohibits any state from saying even if a woman will die you cannot perform an abortion,” she said.

    Turner had to correct the liberal justice.

    “I know of no state that doesn’t include a life-saving exception,” he explained.

    Turner is correct.

    Please follow LifeNews on Rumble for the latest pro-life videos.

    According to the Charlote Lozier Institute, every pro-life state in America allows abortions in the very rare instance where it might possibly be necessary to protect a woman’s life.

    Twenty-five states have one or more strong gestational limits on abortion that are either in effect or are enjoined while in litigation. Each of these states permits abortion in those rare and heartbreaking circumstances when it is necessary to save the life of a pregnant woman.

    Physicians can make this determination based on their “reasonable medical judgment,” a standard very common in the medical profession and used for any case involving medical malpractice litigation.

    Meanwhile, abortion advocates are spreading the dangerous lie that life-saving care is not or may not be permitted in these states, leading to provider confusion and poor outcomes for women.

    The post Justice Sonia Sotomayor Falsely Claims Abortion Bans Don’t Have Life of the Mother Exceptions appeared first on LifeNews.com.

  9. Site: Zero Hedge
    2 weeks 1 day ago
    Author: Tyler Durden
    Tennessee Republicans Pass Law Allowing Teachers To Be Armed - Democrats Cry "Fascism"

    Tennessee House Republicans on Tuesday passed legislation to allow some trained teachers and school staff to carry firearms despite aggressive opposition from Democrats and gun control advocates calling for the bill to be defeated.  The bill is all but guaranteed to become law within weeks, as Gov. Bill Lee can either sign it or allow it to become law without his signature. Lee has never vetoed a bill.

    The law requires criminal and mental health background checks of prospective teachers along with training courses and approval from school administrators.  Democrats railed against the bill, suggesting that training courses are not enough and that it was "unfair" to burden teachers with the job of defending their classrooms from potential assailants.  This argument is strange because teachers are already burdened with the job of protecting students from harm (not to mention their own lives), they just haven't had the means to do that job until now. 

    Democrats also stated that armed teachers would "lead to tragedy," with expectations that merely having a gun in or near a school would inevitably cause a shooting with the teacher at fault.  Of course, if a teacher wanted to come to school armed to commit a crime, there's nothing stopping them anyway (except perhaps another armed teacher).

    Angry protesters screamed "blood on your hands" when the bill was passed by the House as they attempted to disrupt proceedings.  Protesters were eventually cleared from the building by police.  Representative Justin Jones, a Democrat and activist politician who has been the subject of multiple expulsions from the House, tried to film the event with his cell phone while chanting along with protester and was removed.  Democrats accused Tennessee Republicans of "fascism."

    Tennessee Republicans just cut off debate and passed a bill to arm teachers in our schools.

    The public chanted “Blood on your hands!” as the Speaker ordered troopers to clear the gallery.

    This is what fascism looks like. pic.twitter.com/9mg67oWMxM

    — Rep. Justin Jones (@brotherjones_) April 23, 2024

    And here we find the disconnect that anti-gun advocates don't grasp:  They seem to believe that the mere presence of a gun will automatically trigger violence, as if it has magical powers to attract and inspire evil.  In reality, the problem is evil people, not "evil" objects.  There's nothing stopping a bad person from acquiring and using a firearm for terrible purposes at any place of their choosing.  Gun free zones only prevent good people from carrying.

    Furthermore, why is it that Democrats rabidly defend pornography and sexualized propaganda in schools, but they're aghast at the notion of teachers being trained to defend children from violent attackers?  One might start to think that Democrats want school shootings to continue, but why would that be...?

    Keep in mind that the passage of the bill comes one year after the mass shooting at the Christian Covenant School in Nashville.  The shooting was perpetrated by Audrey Hale, a far-left trans activists who was allegedly motivated to make a political statement.  Her manifesto which was confiscated by the FBI still has yet to be released.  Suspicions abound that this is only being done because Hale was part of the LGBT community. 

    Not surprisingly, leftist activists and Democrats alike defended Audrey Hale as "just another victim" of the shooting while some even argued that the murders were justified because of Tennessee's attempts to stop transgender surgeries for minors.  

    When common sense is labeled "fascism" the likelihood of reconciliation between leftists and conservatives grows dim.  Is it only "democracy" when leftists get their way?  Are Democrats really outraged by the idea of teachers being able to effectively save the lives of students or act as a deterrent so that potential mass shooters never consider going through with an attack?  Or, are they outraged because they secretly fear that the strategy of armed teachers will work? 

    Democrats ignore mass shootings in minority neighborhoods all the time because these murders don't serve their purposes.  What they want, what they need, are shootings where the tragedy can be turned into political capital.  Their true intent is to achieve gun confiscation, and if there are no more school shootings because teachers are armed, then they'll no longer have the leverage they desire.     

    Tyler Durden Wed, 04/24/2024 - 11:45
  10. Site: LifeNews
    2 weeks 1 day ago
    Author: McKenna Snow

    In a recent op-ed, CatholicVote Director of Accountability Tommy Valentine detailed the reasons behind the organization’s decision to send a letter to the Department of Justice calling for a fair application of the Freedom to Access Clinic Entrances Act against pro-lifers and pro-abortion activists.

    On April 22, The Hill published Valentine’s op-ed titled: “Biden’s Justice Department hounds elderly concentration camp survivor, ignores serial church arsonist.”

    The op-ed comes after CatholicVote sent a letter to Attorney General Merrick Garland on April 9 calling for action in defense of Catholic churches and pro-life centers that have been vandalized and attacked in recent years.

    In his op-ed Valentine opened with harrowing details about the early life of pro-life activist Eva Edl, who is a survivor of the post-World War II Gakova communist death camp.

    “After years of living in hell, facing death daily, Eva’s family finally escaped to the U.S. They believed that America was free, and that their rights would be protected by a government with their best interests at heart,” Valentine wrote:

    Today, the government they trusted is fighting to throw 87-year-old Eva into prison for her pro-life advocacy.

    Sadly, Eva’s plight perfectly exemplifies how dangerous the weaponization of the U.S. government has become, and how far the left will go to punish anyone who interferes with their radical agenda.

    Please follow LifeNews on Rumble for the latest pro-life videos.

    Edl was recently convicted alongside three other pro-life activists for praying and singing hymns in front of the doors of a Tennessee abortion clinic in 2021. They were convicted under the FACE Act, which, Valentine wrote, “prohibits the use of force, threat of force or physical obstruction to prevent women from obtaining or providing ‘reproductive health care services.’”

    “For this, they face up to six months in prison, five years of “supervised release’ and fines up to $10,000,” Valentine continued, noting that the maximum sentence under FACE Act violations is 11 years in prison and fines of $250k.

    “Meanwhile, pro-abortion rights extremists firebomb, vandalize and terrorize pro-life centers and Catholic Churches with impunity,” Valentine wrote:

    The FBI and Department of Justice have prosecuted nonviolent pro-life offenders with the FACE Act, while turning a blind eye to the violent, ongoing and terrifying attacks on other institutions protected by the FACE Act: churches and pregnancy help centers.

    Valentine then highlighted the actions of Elliot Bennett, who, earlier in April, set a Catholic Church on fire in New Jersey–the third act of violence against a church Bennett has committed since 2018.

    “Yet the same Justice Department that is fighting to throw Eva in jail failed to prosecute (Bennett) for these multiple and obvious FACE Act violations,” Valentine wrote, noting that the Department has not federally prosecuted any of the 414 vandalisms and attacks against Catholic churches in the United States since May of 2020. The Department also has not substantially addressed the 90 attacks against crisis pregnancy centers that have occurred since May 2022 throughout the States.

    The violent pro-abortion protests do not resemble Edl’s prosecuted actions, which were praying and singing in front of the doors of an abortion clinic. These pro-abortion attacks and protests, Valentine wrote, “involved fire-bombings and arson, vandalism of pregnancy clinics and churches, spray painted threats on clinic and church walls, decapitated statues, smashed glass, disrupted masses, blocking of church entrances and even physical attacks on priests and parishioners.”

    The inconsistency and double standard in prosecuting under the FACE Act are the central reasons for CatholicVote’s letter to Garland.

    “Our letter demanded that the department do its job and defend pro-life Americans from violence,” Valentine wrote. “We have little reason to believe our letter will elicit tangible change. Our past experiences calling on the Justice Department and FBI to fairly enforce the law have been met with stonewalling, empty answers and no meaningful action.”

    He concluded, “At the very least, however, we hope that our letter serves as a warning to Americans and to Republicans in Congress who have the opportunity to take a stand against the Biden administration’s weaponized agencies.”

    LifeNews Note: McKenna Snow writes for CatholicVote, where this column originally appeared.

    The post Catholic Group Slams Biden for Targeting Pro-Life Americans, Ignoring Pro-Abortion Crimes appeared first on LifeNews.com.

  11. Site: Zero Hedge
    2 weeks 1 day ago
    Author: Tyler Durden
    Hong Kong Bitcoin And Ether ETFs Officially Approved To Start Trading On April 30

    Authored by Zoltan Vardai via CoinTelegraph.com,

    The first wave of spot Bitcoin and Ether exchange-traded funds (ETFs) have been officially approved to start trading in Hong Kong on April 30.

    Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), announced the official approval of the first batch of spot Bitcoin and Ether ETFs on April 24, according to a press release shared with Cointelegraph.

    The first batch of approved Hong Kong-based ETFs also include China Asset Management’s (ChinaAMC) Bitcoin and Ether-based ETFs, which will start trading on April 30.

    The ETFs will offer retail and institutional investors a safer and more convenient way to invest in the underlying digital assets under a regulated framework, according to Thomas Zhu, head of digital assets and head of family office business at ChinaAMC. He wrote in the official announcement:

    “The in-kind feature also attracts coin holders by offering the ease of converting coins to fully regulated ETFs managed by professional fund managers and regulated custodians. With the growing adoption of ETFs in institutional asset allocation and retail trading in Hong Kong, we expect robust demand for our offerings.”

    There are currently over 205 approved ETFs in Hong Kong, according to the financial regulator’s homepage.

    List of approved Hong Kong ETFs. Source: SFC

    Unlike the cash-creation model of the United States spot Bitcoin ETFs, Hong Kong aims to offer in-kind creation models for ETFs that enable the creation of new ETF shares by using BTC and ETH. 

    Hong Kong’s in-kind ETF creation model could be a significant opportunity to considerably increase assets under management (AUM) and trading volume for these products, according to a research note by Bloomberg ETF analyst Rebecca Sin, shared in a March 26 X post by Eric Balchunas:

    “Hong Kong is aiming for in-kind creation of the ETF, unlike the US, where the transaction is cash only — in the US, it’s cash in, Bitcoin ETF out, while Hong Kong aims for Bitcoin in, ETF out. This could be an opportunity for the market.”

    Hong Kong ETFs could see a potential fee war

    The launch of the first ETFs in Hong Kong could lead to issuers racing to offer the lowest fees to customers, according to an April 24 X post by Bloomberg ETF analyst James Seyffart. He wrote:

    “A potential fee war could break out in Hong Kong over these Bitcoin and Ethereum ETFs. Harvest coming in hot with a full fee waiver and the lowest fee at 0.3% after waiver.”

    The fees for the first ETFs are already lower than previously expected, which is a promising sign, according to Eric Balchunas, senior ETF analyst at Bloomberg, who wrote in an April 24 X post:

    “Fees are 30bps, 60bps, and 99bps which is on average lower than we thought, good sign.”
    Tyler Durden Wed, 04/24/2024 - 11:25
  12. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    Fake images are misinformation, Anthony Albanese claims

    Australian Prime Minister Anthony Albanese has once again lashed out at social media, insisting the platforms should be accountable for the content that its users post.

    The PM’s remarks come in the wake of a spat with tech billionaire Elon Musk over the reluctance on the part of the Tesla and Space X tycoon to remove footage of the stabbing of a cleric from X (formerly Twitter).

    “Social media platforms have a responsibility to make sure that misinformation isn’t got out there,” Albanese told reporters on Wednesday. “I noticed today, for example, on the way up here, they’ve removed various sites that were up containing fake images of myself superimposed on other people,” the PM stated.

    “Social media has a responsibility to do the right thing here,” Albanese reiterated.

    On Wednesday, the country’s Shadow Foreign Affairs Minister Simon Birmingham called on social media companies to use their “immense technological power” to remove violent content from their platforms.

    The Australian government has been pushing a so-called misinformation bill, released as a draft last year. The new law would empower the Australian Communications and Media Authority to require online platforms to address content considered “false, misleading or deceptive, and where the provision of that content on the service is reasonably likely to cause or contribute to serious harm.”

    The bill was later withdrawn by the communications minister, Michelle Rowland, who promised “refinements,” including additional protections for freedom of speech, greater transparency, and “improved workability.”

    However, following the recent Sydney stabbings, Rowland indicated the bill would resurface. The government is yet to outline changes to the initial bill it will introduce to parliament.

    Read more Tesla and and SpaceX CEO, and X (formerly Twitter) owner Elon Musk Musk takes on Australia over stabbing video

    The news has been met with opposition. “The PM has caused more division by shamelessly tying a violent video to his agenda to outlaw some types of speech. The basic principle is, if you don’t trust politicians, don’t give them the power to tell you what you can say,” National Party Senator Matt Canavan told Guardian Australia.

    He also claimed that the Albanese government was “struggling” due to the Prime Minister’s belief that the “biggest issue” in the country is misinformation.

    Musk mocked Albanese’s social media crackdown hours after his platform was again ordered to remove the content, which features last week’s non-fatal knife attack on an Assyrian bishop in a suburb of Sydney, and to remove it for users worldwide.

    Musk said the Australian court’s ruling to take down the footage meant that any country could control “the entire internet.” He also used a meme depicting a Wizard of Oz-style path to “freedom” leading to an X logo.

    Albanese, in turn, labeled Musk an “arrogant billionaire who thinks he’s above the law, but also above common decency.”

  13. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    Fake images are misinformation, Anthony Albanese claims

    Australian Prime Minister Anthony Albanese has once again lashed out at social media, insisting the platforms should be accountable for the content that its users post.

    The PM’s remarks come in the wake of a spat with tech billionaire Elon Musk over the reluctance on the part of the Tesla and Space X tycoon to remove footage of the stabbing of a cleric from X (formerly Twitter).

    “Social media platforms have a responsibility to make sure that misinformation isn’t got out there,” Albanese told reporters on Wednesday. “I noticed today, for example, on the way up here, they’ve removed various sites that were up containing fake images of myself superimposed on other people,” the PM stated.

    “Social media has a responsibility to do the right thing here,” Albanese reiterated.

    On Wednesday, the country’s Shadow Foreign Affairs Minister Simon Birmingham called on social media companies to use their “immense technological power” to remove violent content from their platforms.

    The Australian government has been pushing a so-called misinformation bill, released as a draft last year. The new law would empower the Australian Communications and Media Authority to require online platforms to address content considered “false, misleading or deceptive, and where the provision of that content on the service is reasonably likely to cause or contribute to serious harm.”

    The bill was later withdrawn by the communications minister, Michelle Rowland, who promised “refinements,” including additional protections for freedom of speech, greater transparency, and “improved workability.”

    However, following the recent Sydney stabbings, Rowland indicated the bill would resurface. The government is yet to outline changes to the initial bill it will introduce to parliament.

    Read more Tesla and and SpaceX CEO, and X (formerly Twitter) owner Elon Musk Musk takes on Australia over stabbing video

    The news has been met with opposition. “The PM has caused more division by shamelessly tying a violent video to his agenda to outlaw some types of speech. The basic principle is, if you don’t trust politicians, don’t give them the power to tell you what you can say,” National Party Senator Matt Canavan told Guardian Australia.

    He also claimed that the Albanese government was “struggling” due to the Prime Minister’s belief that the “biggest issue” in the country is misinformation.

    Musk mocked Albanese’s social media crackdown hours after his platform was again ordered to remove the content, which features last week’s non-fatal knife attack on an Assyrian bishop in a suburb of Sydney, and to remove it for users worldwide.

    Musk said the Australian court’s ruling to take down the footage meant that any country could control “the entire internet.” He also used a meme depicting a Wizard of Oz-style path to “freedom” leading to an X logo.

    Albanese, in turn, labeled Musk an “arrogant billionaire who thinks he’s above the law, but also above common decency.”

  14. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    Fake images are misinformation, Anthony Albanese claims

    Australian Prime Minister Anthony Albanese has once again lashed out at social media, insisting the platforms should be accountable for the content that its users post.

    The PM’s remarks come in the wake of a spat with tech billionaire Elon Musk over the reluctance on the part of the Tesla and Space X tycoon to remove footage of the stabbing of a cleric from X (formerly Twitter).

    “Social media platforms have a responsibility to make sure that misinformation isn’t got out there,” Albanese told reporters on Wednesday. “I noticed today, for example, on the way up here, they’ve removed various sites that were up containing fake images of myself superimposed on other people,” the PM stated.

    “Social media has a responsibility to do the right thing here,” Albanese reiterated.

    On Wednesday, the country’s Shadow Foreign Affairs Minister Simon Birmingham called on social media companies to use their “immense technological power” to remove violent content from their platforms.

    The Australian government has been pushing a so-called misinformation bill, released as a draft last year. The new law would empower the Australian Communications and Media Authority to require online platforms to address content considered “false, misleading or deceptive, and where the provision of that content on the service is reasonably likely to cause or contribute to serious harm.”

    The bill was later withdrawn by the communications minister, Michelle Rowland, who promised “refinements,” including additional protections for freedom of speech, greater transparency, and “improved workability.”

    However, following the recent Sydney stabbings, Rowland indicated the bill would resurface. The government is yet to outline changes to the initial bill it will introduce to parliament.

    Read more Tesla and and SpaceX CEO, and X (formerly Twitter) owner Elon Musk Musk takes on Australia over stabbing video

    The news has been met with opposition. “The PM has caused more division by shamelessly tying a violent video to his agenda to outlaw some types of speech. The basic principle is, if you don’t trust politicians, don’t give them the power to tell you what you can say,” National Party Senator Matt Canavan told Guardian Australia.

    He also claimed that the Albanese government was “struggling” due to the Prime Minister’s belief that the “biggest issue” in the country is misinformation.

    Musk mocked Albanese’s social media crackdown hours after his platform was again ordered to remove the content, which features last week’s non-fatal knife attack on an Assyrian bishop in a suburb of Sydney, and to remove it for users worldwide.

    Musk said the Australian court’s ruling to take down the footage meant that any country could control “the entire internet.” He also used a meme depicting a Wizard of Oz-style path to “freedom” leading to an X logo.

    Albanese, in turn, labeled Musk an “arrogant billionaire who thinks he’s above the law, but also above common decency.”

  15. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    The package includes $61 billion for Ukraine, with funds destined for purchase of weapons and military equipment

    US President Joe Biden signed a long-stalled $95-billion foreign aid package on Wednesday, after the Senate voted resoundingly to approve the funds for Ukraine, Israel and Taiwan.

    The package, including $61 billion for Ukraine, passed in a 79-18 vote on Tuesday evening, after both Republican and Democratic lawmakers voted overwhelmingly to end a filibuster and advance the measure.

    Biden praised congressional leaders and lawmakers for what he called an effort “to answer history’s call at this critical inflection point,” saying he would immediately begin the process of sending much-needed weaponry to Ukraine as early as this week.

    ”Congress has passed my legislation to strengthen our national security and send a message to the world about the power of American leadership: we stand resolutely for democracy and freedom, and against tyranny and oppression,” Biden stated.

    READ MORE: More weapons for Kiev won’t change battlefield dynamics – Kremlin

    The president told his Ukrainian counterpart Vladimir Zelensky in a phone call on Monday that weapons shipments would begin rapidly after the bill reaches the Oval Office for his signature. While the White House offered few details on the call, the Ukrainian leader claimed that Kiev would be receiving longer-range ATACMS missiles.

    The multibillion-dollar US aid package was requested by the White House months ago, but was only passed by the House of Representatives on Saturday, after Speaker Mike Johnson finally agreed to a vote.

    Read more RT WATCH captured Western armor arrive in Moscow

    The House also voted on Saturday to approve separate bills providing $26 billion in aid to Israel and $8 billion for Taiwan and other Indo-Pacific region allies. In addition, the emergency spending package includes $9 billion in humanitarian aid for civilians in Gaza and other war zones.

    Biden said the US would start sending weapons and military equipment to Ukraine “in the next few hours.”

    “We are going to begin sending equipment to Ukraine for air defense munitions, for artillery, for rocket systems and armored vehicles,” he stated, noting that the package's path to his desk was a difficult one, and “should have gotten there sooner.”

    The Pentagon has said weapons worth $1 billion are ready for immediate delivery to Ukraine. According to unnamed US officials, cited by the Associated Press, some of the arms will arrive on the frontline within days, but other items could take longer.

    The Kremlin has repeatedly warned that Washington’s lethal aid will not change the situation on the battlefield in Ukraine’s favor. According to Kremlin spokesperson Dmitry Peskov, the US government has effectively been funneling billions of dollars into its own military industrial complex through the aid scheme.

  16. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    The package includes $61 billion for Ukraine, with funds destined for purchase of weapons and military equipment

    US President Joe Biden signed a long-stalled $95-billion foreign aid package on Wednesday, after the Senate voted resoundingly to approve the funds for Ukraine, Israel and Taiwan.

    The package, including $61 billion for Ukraine, passed in a 79-18 vote on Tuesday evening, after both Republican and Democratic lawmakers voted overwhelmingly to end a filibuster and advance the measure.

    Biden praised congressional leaders and lawmakers for what he called an effort “to answer history’s call at this critical inflection point,” saying he would immediately begin the process of sending much-needed weaponry to Ukraine as early as this week.

    ”Congress has passed my legislation to strengthen our national security and send a message to the world about the power of American leadership: we stand resolutely for democracy and freedom, and against tyranny and oppression,” Biden stated.

    READ MORE: More weapons for Kiev won’t change battlefield dynamics – Kremlin

    The president told his Ukrainian counterpart Vladimir Zelensky in a phone call on Monday that weapons shipments would begin rapidly after the bill reaches the Oval Office for his signature. While the White House offered few details on the call, the Ukrainian leader claimed that Kiev would be receiving longer-range ATACMS missiles.

    The multibillion-dollar US aid package was requested by the White House months ago, but was only passed by the House of Representatives on Saturday, after Speaker Mike Johnson finally agreed to a vote.

    Read more RT WATCH captured Western armor arrive in Moscow

    The House also voted on Saturday to approve separate bills providing $26 billion in aid to Israel and $8 billion for Taiwan and other Indo-Pacific region allies. In addition, the emergency spending package includes $9 billion in humanitarian aid for civilians in Gaza and other war zones.

    Biden said the US would start sending weapons and military equipment to Ukraine “in the next few hours.”

    “We are going to begin sending equipment to Ukraine for air defense munitions, for artillery, for rocket systems and armored vehicles,” he stated, noting that the package's path to his desk was a difficult one, and “should have gotten there sooner.”

    The Pentagon has said weapons worth $1 billion are ready for immediate delivery to Ukraine. According to unnamed US officials, cited by the Associated Press, some of the arms will arrive on the frontline within days, but other items could take longer.

    The Kremlin has repeatedly warned that Washington’s lethal aid will not change the situation on the battlefield in Ukraine’s favor. According to Kremlin spokesperson Dmitry Peskov, the US government has effectively been funneling billions of dollars into its own military industrial complex through the aid scheme.

  17. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    The package includes $61 billion for Ukraine, with funds destined for purchase of weapons and military equipment

    US President Joe Biden signed a long-stalled $95-billion foreign aid package on Wednesday, after the Senate voted resoundingly to approve the funds for Ukraine, Israel and Taiwan.

    The package, including $61 billion for Ukraine, passed in a 79-18 vote on Tuesday evening, after both Republican and Democratic lawmakers voted overwhelmingly to end a filibuster and advance the measure.

    Biden praised congressional leaders and lawmakers for what he called an effort “to answer history’s call at this critical inflection point,” saying he would immediately begin the process of sending much-needed weaponry to Ukraine as early as this week.

    ”Congress has passed my legislation to strengthen our national security and send a message to the world about the power of American leadership: we stand resolutely for democracy and freedom, and against tyranny and oppression,” Biden stated.

    READ MORE: More weapons for Kiev won’t change battlefield dynamics – Kremlin

    The president told his Ukrainian counterpart Vladimir Zelensky in a phone call on Monday that weapons shipments would begin rapidly after the bill reaches the Oval Office for his signature. While the White House offered few details on the call, the Ukrainian leader claimed that Kiev would be receiving longer-range ATACMS missiles.

    The multibillion-dollar US aid package was requested by the White House months ago, but was only passed by the House of Representatives on Saturday, after Speaker Mike Johnson finally agreed to a vote.

    Read more RT WATCH captured Western armor arrive in Moscow

    The House also voted on Saturday to approve separate bills providing $26 billion in aid to Israel and $8 billion for Taiwan and other Indo-Pacific region allies. In addition, the emergency spending package includes $9 billion in humanitarian aid for civilians in Gaza and other war zones.

    Biden said the US would start sending weapons and military equipment to Ukraine “in the next few hours.”

    “We are going to begin sending equipment to Ukraine for air defense munitions, for artillery, for rocket systems and armored vehicles,” he stated, noting that the package's path to his desk was a difficult one, and “should have gotten there sooner.”

    The Pentagon has said weapons worth $1 billion are ready for immediate delivery to Ukraine. According to unnamed US officials, cited by the Associated Press, some of the arms will arrive on the frontline within days, but other items could take longer.

    The Kremlin has repeatedly warned that Washington’s lethal aid will not change the situation on the battlefield in Ukraine’s favor. According to Kremlin spokesperson Dmitry Peskov, the US government has effectively been funneling billions of dollars into its own military industrial complex through the aid scheme.

  18. Site: Zero Hedge
    2 weeks 1 day ago
    Author: Tyler Durden
    Chinese Have "Grabbed Gold By The Throat" As Capital Flight Accelerates

    “Chinese speculators have really grabbed gold by the throat...”

    That is how John Reade, chief market strategist at the World Gold Council, describes the scramble in the communist nation among investors looking to move money anywhere but in the yuan or Chinese assets.

    As evidenced by soaring Chinese FX outflows, the recent surges in 'alternate currencies' such as bitcoin and gold strongly suggest where the Chinese are seeking safety.

    Of course, worsening geopolitical tensions, unprecedented fiscal profligacy by the Biden administration that shows no signs of slowing, and a Fed that seemed willing to support that spending with rate-cuts that were wholly un-necessary based on the 'data' they are so 'dependent' on (prompting fears of a policy error) are all factors driving precious metals higher, but, as Bloomberg reports, juicing the rally is unrelenting Chinese demand, as retail shoppers, fund investors, futures traders and even the central bank look to bullion as a store of value in uncertain times.

    China and India have typically vied over the title of world’s biggest buyer. But that shifted last year as Chinese consumption of jewelry, bars and coins swelled to record levels. China’s gold jewelry demand rose 10% while India’s fell 6%. Chinese bar and coin investments, meanwhile, surged 28%.

    And there’s still room for demand to grow, said Philip Klapwijk, managing director of Hong Kong-based consultant Precious Metals Insights Ltd. Amid limited investment options in China, the protracted crisis in its property sector, volatile stock markets and a weakening yuan are all driving money to assets that are perceived to be safer.

    “The weight of money available under these circumstances for an asset like gold - and actually for new buyers to come in - is pretty considerable,” he said.

    “There isn’t much alternative in China. With exchange controls and capital controls, you can’t just look at other markets to put your money into.”

    But, there is another side to the Chinese demand for gold - speculators.

    Long gold positions held by futures traders on the Shanghai Futures Exchange (SHFE) climbed to 295,233 contracts, equivalent to 295 tonnes of gold.

    That marks a rise of almost 50 per cent since late September before geopolitical tensions flared up in the Middle East.

    A record bullish position of 324,857 contracts was hit earlier this month, according to Bloomberg data going back to 2015.

    While the scale of gold's rally has surprised many analysts, The FT points out that some point to activity on SHFE and the Shanghai Gold Exchange - where trading volumes on a key contract have doubled in March and April relative to last year - as a big driver of the rally, as Chinese investors aim to diversify from their crisis-ridden property sector and sagging stock market...

    Additionally, Bloomberg reports that although China mines more gold than any other country, it still needs to import a lot and the quantities are getting larger.

    In the last two years, overseas purchases totaled over 2,800 tons — more than all of the metal that backs exchange-traded funds around the world, or about a third of the stockpiles held by the US Federal Reserve.

    Even so, the pace of shipments has accelerated lately. Imports surged in the run-up to China’s Lunar New Year, a peak season for gifts, and over the first three months of the year are 34% higher than they were in 2023.

    And finally, as evidence of Chinese demand (or the scale of the capital flight), the premium being paid for the precious metal over western prices is soaring...

    Of course, China’s authorities, which can be quite hostile to market speculation and extremely hostile to capital flight, have warned, via their state media mouthpieces, that investors should be cautious in chasing the rally in gold.

    But, this is made all the more ironic given the fact that it is the Chinese central bank that is among the most prolific buyer of bullion in recent months...

    Do as we say, not as we do... or maybe investors should ask 'what does Beijing know?'

    Tyler Durden Wed, 04/24/2024 - 11:05
  19. Site: Zero Hedge
    2 weeks 1 day ago
    Author: Tyler Durden
    Overconfidence In NFL Drafts: A Lesson For Investors

    Authored by Michael Lebowitz via RealInvestmentAdvice.com,

    Most NFL general managers (GMs) are optimistic and displaying overconfidence today as they prepare for tomorrow’s NFL draft. The draft is a once-a-year opportunity for GMs to acquire talent.

    Like investors, GMs often think they are smarter than their competitors, aka the market. Yet, they frequently have similar mindsets and follow the same narratives that drive their competition.   

    As we will share, overconfidence and groupthink among football GMs and investors are behavioral flaws that often harm performance. Having the tools and strategies to mitigate our behavioral traits is extremely valuable and can lead you to better returns.

    Overconfidence In The NFL

    Four of the first five picks in the draft are expected to be quarterbacks. Not only is the quarterback the most important position on the field but this year’s draft is hyped as having several future greats.

    Based on data from Warren Sharp, an NFL analyst, most of the quarterbacks taken in the early rounds will be average. His Fox Sports article entitled The success rate of first round QBs makes Lamar Jackson’s case for him, quantifies just how poor the odds are of drafting the next Super Bowl-winning quarterback. 

    There have been 38 quarterbacks drafted in the first round since 2011, the year the NFL changed the collective bargaining agreement.

    These 38 first-round quarterbacks have made a total of 1,909 starts. Their record? 1034-1035-7.

    He claims that of those 38 quarterbacks, only one, Patrick Mahomes, has won a Super Bowl. Furthermore, of the 28 from that group who are no longer on their initial contracts, the average time they were a starter was a mere 3.4 years.

    Despite the proven mediocrity of quarterbacks taken in the first round, we have little doubt that overconfidence will be on full display by the GMs drafting quarterbacks with their top picks after they make their selections.

    Groupthink In The NFL

    This behavioral trait arises when people seeking conformity think and act similarly. Typically, groups reach a consensus opinion without proper evaluation and with minimal alternative viewpoints.

    For instance, it is widely accepted that the four quarterbacks likely to go in the top five, Williams, Daniels, Maye, and McCarthy, will be excellent pros. Most NFL analysts offer differences between the quarterbacks but praise the physical and mental traits they believe will make them NFL starts. Very few analysts have poor ratings on any of those four quarterbacks.

    Choosing one of the four quarterbacks is comforting. Simply, GMs have cover if their pick is a dud. Who could have known? Every expert thought he would be a superstar!

    Investor Overconfidence And Groupthink

    Replace players with investment ideas and GMs with investors. The overconfidence and groupthink mentality impacting GM draft day decisions are similar to those investors always face.

    We quantified the odds of GMs picking above-average quarterbacks earlier. Per DFA Funds, the odds of an investor outperforming the market are even more daunting.

    We saw from the data above that an investor has about a 75% chance of underperforming the market in any given year, which means you have a 25% chance of beating the market in any given year.

    The message to take away from that statistic is to leave your confidence at the door!

    Regarding groupthink, most investors, like GMs, find comfort in knowing that many other investors are doing the same thing. Market narratives are a form of groupthink. Narratives help explain market movements and trends. Often, a narrative develops after a trend has started. In other words, rightly or wrongly, the narrative is the rationale.

    Today, narratives appear to be quicker to form and longer lasting. Maybe the advent of social media has allowed for their quicker dissemination and growth.

    Narratives describe the mindset of a group of investors. When you unknowingly invest based on a narrative, you are likely setting yourself up for failure.

    Strategies To Combat Behavioral Traits

    Appreciating that GMs have a one in three chance of successfully using a precious top-five draft pick on a quarterback or that only a quarter of investors will beat the market, we best have tools to manage our behavioral traits and improve our odds of success.

    Zig

    Warren Sharp advises GMs to “zig while others zag.”

    To zig is to have a contrarian mindset. For instance, it’s important for your portfolio to have popular stocks leading the market higher. But at the same time, understand that confidence can wane quickly, and a new set of stocks will take the throne soon enough. Don’t overstay your welcome in a narrative.

    It wasn’t that long ago that the Magnificent Seven stocks were all the rage. Their returns handily beat almost every stock and index. Holding a meaningful subset of the seven stocks was vital to keep up with the broad market indexes. However, the Magnificent Seven’s period of outperformance has either ended or is on pause. But, the narrative still thrives, and whether it’s already happening or will occur shortly, investing in the aged groupthink will catch many investors offside.

    Take Profits 

    It’s hard to sell when others are buying. Still, when the narrative-driven stocks fall out of favor, the prior profits and reduced position sizes will bolster returns and lessen the risk of underperforming the market.

    Appreciating what the market, and not popular narratives, tell you is equally vital. For instance, have you noticed that utilities and energy are the best-performing sectors lately? Those solely holding the Magnificent Seven and neglecting other sectors are falling behind.

    The SimpleVisor table below shows the relative performance of the Magnificent Seven stocks and XLU, the utility ETF, versus the S&P 500 over various time frames. Other than NVDA, most of the seven have been underperforming the market as of late. Also, the once poorly performing utility sector has been beating the market for the last 45 days. Selling the Magnificent Seven 45 days ago to buy utilities would go against groupthink, but it was a smart call.

    Appreciate Your Options

    The GMs with the top five picks have a precious option. Instead of picking a quarterback with limited odds of success, they can trade the pick to another team. In exchange, they might receive multiple high-level draft picks, boosting the odds of success.

    Other positions in the NFL draft have much better success rates than quarterbacks. If a GM can set aside their confidence in their ability to pick the right quarterback, they can increase the odds that they could easily land at least two very good players and possibly a pro bowler. Maybe they can even use one of the picks to get a quarterback in the later rounds. Let’s not forget Brock Purdy, the San Francisco quarterback who led the 49ers to the Superbowl, was Mr. Irrelevant, the last person taken in the draft.

    Investors have options, too. Many stocks, sectors, and factors will likely outperform the market but do not fit the narrative du jour. While buying what others aren’t may be uncomfortable, it may be more profitable.

    The other lesson is to diversify. Putting most of your eggs in one basket can significantly impact your relative performance. You will underperform if you are proven wrong, as is most common.

    Let Winners Run

    One of the most popular Wall Street sayings is, “Cut your losses short and let your winners run.”

    If our chances of beating the market are one in four, doesn’t it make sense to trade your portfolio actively? Many investors do the opposite. Their confidence and the attraction of groupthink keep them in underperforming stocks. At the same time, alternative stocks that are less followed may be the best bets.

    It can be appropriate and profitable at times to follow the crowd. However, at all costs, don’t ignore alternative views.

     

    Summary

    We risk underperforming the market by falling victim to our natural behavioral traits. Therefore, we owe it to ourselves to entertain and understand alternative views. As odd as it may seem these days, we need to watch FOX News and read the New York Times. We must challenge ourselves to understand better things that may not be comfortable.

    Seek out and study the views of others with whom you disagree. By better understanding opposing opinions, you will strengthen your existing views or better recognize flaws in your current logic. Either way, an investment thesis is better for it.

    Most importantly, remember that you are only human. The Patrick Mahomes of the investment world are few and far between. At times, overconfidence is a good trait, but it can also be a critical flaw.

    Tyler Durden Wed, 04/24/2024 - 10:45
  20. Site: Zero Hedge
    2 weeks 1 day ago
    Author: Tyler Durden
    WTI Jumps After Bigger-Than-Expected Crude Inventory Build, Gasoline Demand (Reportedly) Slumps

    Oil prices are drifting lower this morning, despite API reporting a surprise crude inventory draw last night, as hopes that geopolitical tensions are easing (hope is not a strategy) combined with a reduced expectation of economy-juicing rate-cuts are weighing on crude prices.

    Supporting the upside, the US Senate, meanwhile, passed tougher measures against Iran in response to its attack on Israel earlier this month, with President Joe Biden saying he’ll sign the legislation into law. But the market is clearly calling Biden's bluff on this threat as he faces soaring pump prices domestically which will do nothing to help his "but I fixed inflation" narrative into the election...

    Source: Bloomberg

    However, for now, all eyes are on the official inventory and supply data for any signs of overall tightness, and refined products demand as the summer driving season is fast approaching.

    API

    • Crude -3.23mm (+500k exp)

    • Cushing -898k

    • Gasoline -595k (-1.5mm exp)

    • Distillates +724k (-1.0mm exp)

    DOE

    • Crude -6.4mm (+500k exp)

    • Cushing -659k

    • Gasoline -634k (-1.5mm exp)

    • Distillates +1.6mm (-1.0mm exp)

    Confirming API's report, the official data showed crude inventories plunging last week by the most since January. On the product side, it was mixed with gasoline drawing down by distillates building...

    Source: Bloomberg

    There was a 909k b/d drop in the adjustment factor versus last week, the biggest decline since February, coinciding with the big increase in crude exports. At 257k b/d this week’s balancing measure was pretty small by its own highly volatile standards.

    Source: Bloomberg

    The Biden admin added 793k barrels to the SPR last week - the largest addition since January... and probably the last!

    Source: Bloomberg

    Implied gasoline demand fell yet again, nearly slipping back below 2022 seasonal levels for the first time since early March.

    The figure typically sees decent growth at this point in the year, yet a post-Spring Break slump appears to have become the norm since 2020.

    In comparison to pre-pandemic demand, the figure is at its lowest since 2014.

    Source: Bloomberg

    US crude production was flat at 13.1mm b/d (near record highs) and we note a very modest rise in rig count trends starting...

    Source: Bloomberg

    WTI was trading around $83.00 ahead of the API data and jumped back into the green for the day after the crude draw...

    The conflict in the Middle East has "undoubtedly exacerbated tensions in an already volatile region," Stephen Innes, managing partner at SPI Asset Management, told MarketWatch.

    "While the recent attacks have been downplayed, the potential for further escalation cannot be entirely dismissed."

    However, "there's a lesson to be gleaned from this situation, particularly in how swiftly demand responded to higher oil and gasoline prices, as evidenced by the increase in U.S. oil stockpiles," he said.

    Finally, timespreads are signaling tighter conditions, with the gap between Brent’s two nearest contracts widening to $1.05 a barrel in backwardation, a bullish pattern in which the nearer contract trades at a premium to the next in sequence. That compares with 69 cents a week ago.

    Tyler Durden Wed, 04/24/2024 - 10:38
  21. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    Several people have been injured after the Household Cavalry lost control of their animals in the center of the city

    Several military horses have been caught after going on a rampage in London; onlookers say the animals threw their riders and went galloping through the streets. At least four people have been hospitalized in the wake of the incident. Social media users have been sharing images of the blood-covered thoroughbreds crashing into cars and buses.

    The incident occurred on Wednesday morning at 8:40am local time in the center of the British capital. Five horses belonging to the Household Cavalry were apparently spooked by noise coming from a construction site during their daily morning exercise on Horse Guards Parade, in Whitehall.

    According to the Daily Mail, a total of five people were injured during the nearly two-hour-long rampage that spanned almost ten kilometers through central London. Of the four people who have been hospitalized, three are believed to be soldiers. None of the people who were hurt are reported to have sustained any life-threatening injuries.

    Moment escaped Household Cavalry horses rampage through London pic.twitter.com/P5p4whYlXl

    — Daily Mail Online (@MailOnline) April 24, 2024

    One eyewitness recalled seeing one of the riders “screaming in pain” after he fell off his steed as it struck a car near the Clermont Hotel on Buckingham Palace Road. 

    “I saw a soldier falling down into the street after the horse ran into a car,” the witness told The Telegraph. “The man hit the floor hard, he was screaming in pain. You could see blood all over the parked car.”

    Photos and videos shared online also show one of the horses ramming into a double-decker bus and smashing its windshield; another was seen crashing into a black taxicab. The frightened animals continued to run through the streets covered in blood after apparently being cut by the broken glass.

    “They were running down the street at a very high speed. It was very scary,” another witness said, noting that “It’s rare to see horses stampeding down the street like that.”

    pic.twitter.com/p0Aek1ikze

    — Animal Welfare Watch (@AnimalWelfarewt) April 24, 2024

    In some of the pictures, some members of the public could be seen trying to help calm down one of the shaken horses, whose legs could be seen covered in blood.

    READ MORE: Botswana threatens to ‘deport’ 20,000 elephants to Germany

    By 10:30am, Metropolitan Police reported that all of the horses had been caught and accounted for. After being transported to veterinary care via army horse boxes, all of the animals are reported to now be back at the army camp.

    “A number of military working horses became loose during routine exercise this morning. All of the horses have now been recovered and returned to camp,” an army spokesperson said in a statement, adding that the horses and personnel who were injured in the incident were “receiving the appropriate medical attention.”

  22. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    The Israeli prime minister has been an “obstacle” to the two-state solution with Palestine for years, Nancy Pelosi has said

    Israeli Prime Minister Benjamin Netanyahu is an obstacle to peace in Gaza and “should resign” from his position, former US House of Representatives Speaker Nancy Pelosi has said.   

    She made the remarks on Monday in an interview with Irish public broadcaster Raidio Teilifis Eireann (RTE) during her visit to the country.   

    Pelosi criticized the Israeli leader’s response to the October 7 Hamas attack which saw Palestinian militants kill over 1,100 people on Israeli territory and take around 250 hostages.   

    The former House speaker cited the recent resignation of Israel Defense Forces (IDF) intelligence chief Major General Aharon Haliva over the failure to prevent the attack, before pointing the finger at Netanyahu.  

    “We recognize Israel’s right to protect itself. We reject the policy and the practice of Netanyahu – terrible. What could be worse than what he has done in response?” Pelosi told the outlet.  

    “He should resign. He’s ultimately responsible,” she added.  

    When asked if Netanyahu is a “block” to peace, Pelosi replied that “he has been for years,” adding that she doesn’t know whether the Israeli leader is “afraid of peace, incapable of peace, or just doesn’t want peace.”   

    Read more Aharon Haliva. Israel’s top military spy quits over Hamas intelligence failure

    She went on to argue that Netanyahu been an “obstacle to the two-state solution, I emphasize the word, ‘solution.’”   

    Health authorities in Gaza have estimated that more than 34,000 Palestinians have been killed amid Israel’s siege of the enclave, which has included extensive bombardment as well as a ground incursion.  

    Earlier this month, Pelosi joined more than 30 US Congress members who signed a letter urging President Joe Biden and Secretary of State Antony Blinken to halt weapons transfers to Israel.  

    The change of tune in Washington, Israel’s key ally, followed the killing of six aid workers from the World Central Kitchen humanitarian organization. The IDF targeted the group’s convoy in what it claimed to be a tragic mistake, despite the food supply mission being closely coordinated with the military.  

    Meanwhile, the Senate approved on Tuesday a long-stalled $95 billion emergency spending bill which includes $26 billion in aid to Israel and $61 billion for Ukraine. Biden is expected to sign the bill into law shortly.

  23. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    The Israeli prime minister has been an “obstacle” to the two-state solution with Palestine for years, Nancy Pelosi has said

    Israeli Prime Minister Benjamin Netanyahu is an obstacle to peace in Gaza and “should resign” from his position, former US House of Representatives Speaker Nancy Pelosi has said.   

    She made the remarks on Monday in an interview with Irish public broadcaster Raidio Teilifis Eireann (RTE) during her visit to the country.   

    Pelosi criticized the Israeli leader’s response to the October 7 Hamas attack which saw Palestinian militants kill over 1,100 people on Israeli territory and take around 250 hostages.   

    The former House speaker cited the recent resignation of Israel Defense Forces (IDF) intelligence chief Major General Aharon Haliva over the failure to prevent the attack, before pointing the finger at Netanyahu.  

    “We recognize Israel’s right to protect itself. We reject the policy and the practice of Netanyahu – terrible. What could be worse than what he has done in response?” Pelosi told the outlet.  

    “He should resign. He’s ultimately responsible,” she added.  

    When asked if Netanyahu is a “block” to peace, Pelosi replied that “he has been for years,” adding that she doesn’t know whether the Israeli leader is “afraid of peace, incapable of peace, or just doesn’t want peace.”   

    Read more Aharon Haliva. Israel’s top military spy quits over Hamas intelligence failure

    She went on to argue that Netanyahu been an “obstacle to the two-state solution, I emphasize the word, ‘solution.’”   

    Health authorities in Gaza have estimated that more than 34,000 Palestinians have been killed amid Israel’s siege of the enclave, which has included extensive bombardment as well as a ground incursion.  

    Earlier this month, Pelosi joined more than 30 US Congress members who signed a letter urging President Joe Biden and Secretary of State Antony Blinken to halt weapons transfers to Israel.  

    The change of tune in Washington, Israel’s key ally, followed the killing of six aid workers from the World Central Kitchen humanitarian organization. The IDF targeted the group’s convoy in what it claimed to be a tragic mistake, despite the food supply mission being closely coordinated with the military.  

    Meanwhile, the Senate approved on Tuesday a long-stalled $95 billion emergency spending bill which includes $26 billion in aid to Israel and $61 billion for Ukraine. Biden is expected to sign the bill into law shortly.

  24. Site: LifeNews
    2 weeks 1 day ago
    Author: McKenna Snow

    Police are investigating an incident of vandalism that took place last week in Oklahoma, where a suspect forcibly toppled and broke a historic statue of the Blessed Virgin Mary and a statue of the Holy Family outside of a local Catholic church.

    The vandalism took place on April 19 at St. Joseph Catholic Church in Muskogee, Oklahoma. Upon discovering the toppled statues, the parish reported the vandalism, which was caught on security cameras, to local police.

    Three people were seen on camera when the vandalism took place, but only one of them is reportedly seen damaging the statues.

    Associate pastor Fr. Robert Dye told local news outlet the Muskogee Phoenix, “It looks like someone came up to both statues and pushed them over… One of them, you can see him pushing hard. It took some effort. It was bolted down.”

    The statue of the Blessed Virgin Mary, which parish members said was more than 100 years old, was found shattered on the sidewalk by the church.

    “I just remember how beautiful she is. She just had the most beautiful face ever,” parishioner Susan Lacey told the Muskogee Phoenix, describing the historic Marian statue. “It’s just breaking my heart.”

    LifeNews is on TruthSocial. Please follow us here.

    The other toppled statue, which depicted Jesus, Mary, and Joseph, was knocked into a flower bed. According to Muskogee Phoenix, the statue of the Holy Family, installed only a few months ago, was “mostly intact.”

    The statue of the Holy Family is valued at $1,200, and the historic statue of the Blessed Virgin is valued up to $10,000. Neither statue had any graffiti on them, Fr. Dye noted.

    CatholicVote’s Violence Tracker has documented more than 400 attacks and vandalisms against Catholic churches across the United States since May 2020.

    LifeNews Note: McKenna Snow writes for CatholicVote, where this column originally appeared. Photo credit: Dcn. Garlick, Chancellor (@HarrisonGarlic1) / Twitter

    The post Vandal Destroys Statue of Virgin Mary, 249th Attack on a Catholic Church Since Dobbs Leak appeared first on LifeNews.com.

  25. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    The former president is at risk of being slapped with a short sentence for contempt of court

    The US Secret Service, which is tasked with protecting acting and former US presidents, is considering how to proceed if Donald Trump ends up behind bars, sources have told the New York Times.

    On Tuesday, Judge Juan Merchan withheld a decision on whether to hold Trump in contempt of court over alleged gag order violations at his trial. The hearings relate to felony charges of falsifying business records to hide the reimbursement of a hush money payment to adult film star Stormy Daniels ahead of the 2016 presidential election.

    It is not immediately clear when Merchan will announce a ruling. The NYT stressed in an article on Tuesday that the judge is likely to issue a warning or impose a fine before taking the “extreme step” of jailing the presumptive Republican presidential nominee for a month at a holding cell in the courthouse.

    Prosecutors, who claim that Trump attacked witnesses and other people associated with his case at least ten times on social media this month in violation of a gag order, are currently asking for a fine for the 77-year-old.

    Read more Donald Trump enters Manhattan Criminal Court in New York City, April 19, 2024 Trump arrest would cause nationwide ‘civil unrest’ – CNN analyst

    However, officials from the Secret Service and other law enforcement agencies held a meeting last week, focused on how to move and protect Trump if the judge eventually orders him to be put in the court’s holding cell, two people familiar with the matter told the paper.

    The issue of how to safely incarcerate the former president if the jury finds him guilty and he is sent to an actual prison “has yet to be addressed directly,” according to dozens of officials of various levels, who talked to the NYT. The paper stressed that if that happens, it will become a “daunting challenge” and a “logistical nightmare” for all agencies involved.

    Trump, who is the first ever acting or former US president to go on trial, could face up to 136 years in prison as a result of four criminal cases against him.

    According to the officials, if the former head of state is actually imprisoned, he would have to be held separately from other inmates, with all his food and other personal items undergoing screenings. In order to achieve this, a detail of agents would have to work 24/7, rotating in and out of the facility, they said. Firearms are strictly prohibited in US prisons, but those agents “would nonetheless be armed,” according to the sources.

    READ MORE: Man dies after setting himself on fire outside Trump trial (GRAPHIC VIDEOS)

    A spokesman for the Secret Service confirmed to the NYT that the agency guards former presidents, but declined to discuss any specific “protective operations.”

  26. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    The former president is at risk of being slapped with a short sentence for contempt of court

    The US Secret Service, which is tasked with protecting acting and former US presidents, is considering how to proceed if Donald Trump ends up behind bars, sources have told the New York Times.

    On Tuesday, Judge Juan Merchan withheld a decision on whether to hold Trump in contempt of court over alleged gag order violations at his trial. The hearings relate to felony charges of falsifying business records to hide the reimbursement of a hush money payment to adult film star Stormy Daniels ahead of the 2016 presidential election.

    It is not immediately clear when Merchan will announce a ruling. The NYT stressed in an article on Tuesday that the judge is likely to issue a warning or impose a fine before taking the “extreme step” of jailing the presumptive Republican presidential nominee for a month at a holding cell in the courthouse.

    Prosecutors, who claim that Trump attacked witnesses and other people associated with his case at least ten times on social media this month in violation of a gag order, are currently asking for a fine for the 77-year-old.

    Read more Donald Trump enters Manhattan Criminal Court in New York City, April 19, 2024 Trump arrest would cause nationwide ‘civil unrest’ – CNN analyst

    However, officials from the Secret Service and other law enforcement agencies held a meeting last week, focused on how to move and protect Trump if the judge eventually orders him to be put in the court’s holding cell, two people familiar with the matter told the paper.

    The issue of how to safely incarcerate the former president if the jury finds him guilty and he is sent to an actual prison “has yet to be addressed directly,” according to dozens of officials of various levels, who talked to the NYT. The paper stressed that if that happens, it will become a “daunting challenge” and a “logistical nightmare” for all agencies involved.

    Trump, who is the first ever acting or former US president to go on trial, could face up to 136 years in prison as a result of four criminal cases against him.

    According to the officials, if the former head of state is actually imprisoned, he would have to be held separately from other inmates, with all his food and other personal items undergoing screenings. In order to achieve this, a detail of agents would have to work 24/7, rotating in and out of the facility, they said. Firearms are strictly prohibited in US prisons, but those agents “would nonetheless be armed,” according to the sources.

    READ MORE: Man dies after setting himself on fire outside Trump trial (GRAPHIC VIDEOS)

    A spokesman for the Secret Service confirmed to the NYT that the agency guards former presidents, but declined to discuss any specific “protective operations.”

  27. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    The threat of a major war in the Middle East has passed because Tehran has decided to bide its time

    Iran has again threatened Israel with a harsh response to aggression by the Jewish state. Tehran's army and Islamic Revolutionary Guard Corps will ensure those who cross red lines regret it, Deputy Chief of the Army for Coordination, Habibollah Sayyari has warned.

    Israel, meanwhile, has refrained from speaking out against Tehran, instead focusing its political rhetoric on Hamas. In particular, Prime Minister Benjamin Netanyahu has promised to increase military and political pressure on the Palestinian group in the near future, in order to motivate it to release hostages, the Times of Israel reports.

    The good news is that there will be no Iran-Israel war. At least not at this stage.

    Tehran has chosen not to react vociferously to the Israeli air force’s retaliatory strike, dismissing all reports of the destruction of the radar protecting the Natanz nuclear centre as 'Zionist intrigue'. The bottom line is that we have two air raids attributed to Israel and one very large Iranian strike. In the latter case, everything was official and the Islamic Republic can therefore claim an entry in the Guinness Book of Records with an article on the largest number of UAVs and ballistic missiles involved in a single offensive operation.

    Incidentally, we do not know what the real effect of the large-scale attack was. Iran, like Israel, is carefully hides damage data. However, the political consequences of such events are far more important. And, as usual in the Middle East, a dozen seemingly unrelated problems have become intertwined. After the Iranian strike, for example, Western countries began to advise Israel not to react, though rumour has it that the Jewish State was negotiating for the right to launch a military operation in Rafah, the last Hamas stronghold in Gaza.

    Then in the end, it lost patience and responded.

    Read more Iranian soldiers take part in a military parade during a ceremony marking the country's annual army day on April 17, 2024 in Tehran, Iran. Is all-out war in the Middle East now inevitable?

    The Iranians had options. The Ayatollahs could have said that Israel had again crossed all the red lines. This would have led to further escalation, but might have protected Hamas. But Iran, for its own reasons, ignored the Palestinians and reported through the press that nothing serious had happened.

    The reason for this peacefulness is probably that they envisaged a working alliance between Israel, Jordan and the Sunni monarchies of the Persian Gulf. This is precisely the nightmare that the Iranians have done their utmost to prevent. They even restored diplomatic relations with Saudi Arabia in 2023. But apparently confrontation with the Shiites is more important to moderate Sunnis than dislike of the Jews.

    According to military analysts, if the Israeli Air Force did attack Iranian air defences, it means that they probably flew over Jordan or the Arabian Peninsula, and it is unlikely that this was done without the consent of the Hashemite Kingdom or the Saudis. As a result, the military alliance is not only defensive, which means that virtually all of Iran’s proxies in the region, including Hezbollah, the Houthis and the Shia militias in Iraq and Syria, are at risk.

    For now, however, this is all a hypothetical picture. A three-way alliance requires the normalisation of Israel's relations with Riyadh and, as part of the deal, the signing of a defence agreement with the US, as well as American-Israeli goodwill for the establishment of nuclear capability in Saudi Arabia. 

    And all this has to happen before the end of June. Otherwise, Washington will not be able to get the relevant decisions through Congress because of the upcoming election. Obviously, the Iranians believe that further escalation will only accelerate the process described above. That is why they prefer to pretend that they are fighting for peace. The very peace for which no stone should be left unturned on this planet. But that will come later.

    This article was first published by Kommersant, translated and edited by the RT team

  28. Site: RT - News
    2 weeks 1 day ago
    Author: RT

    The threat of a major war in the Middle East has passed because Tehran has decided to bide its time

    Iran has again threatened Israel with a harsh response to aggression by the Jewish state. Tehran's army and Islamic Revolutionary Guard Corps will ensure those who cross red lines regret it, Deputy Chief of the Army for Coordination, Habibollah Sayyari has warned.

    Israel, meanwhile, has refrained from speaking out against Tehran, instead focusing its political rhetoric on Hamas. In particular, Prime Minister Benjamin Netanyahu has promised to increase military and political pressure on the Palestinian group in the near future, in order to motivate it to release hostages, the Times of Israel reports.

    The good news is that there will be no Iran-Israel war. At least not at this stage.

    Tehran has chosen not to react vociferously to the Israeli air force’s retaliatory strike, dismissing all reports of the destruction of the radar protecting the Natanz nuclear centre as 'Zionist intrigue'. The bottom line is that we have two air raids attributed to Israel and one very large Iranian strike. In the latter case, everything was official and the Islamic Republic can therefore claim an entry in the Guinness Book of Records with an article on the largest number of UAVs and ballistic missiles involved in a single offensive operation.

    Incidentally, we do not know what the real effect of the large-scale attack was. Iran, like Israel, is carefully hides damage data. However, the political consequences of such events are far more important. And, as usual in the Middle East, a dozen seemingly unrelated problems have become intertwined. After the Iranian strike, for example, Western countries began to advise Israel not to react, though rumour has it that the Jewish State was negotiating for the right to launch a military operation in Rafah, the last Hamas stronghold in Gaza.

    Then in the end, it lost patience and responded.

    Read more Iranian soldiers take part in a military parade during a ceremony marking the country's annual army day on April 17, 2024 in Tehran, Iran. Is all-out war in the Middle East now inevitable?

    The Iranians had options. The Ayatollahs could have said that Israel had again crossed all the red lines. This would have led to further escalation, but might have protected Hamas. But Iran, for its own reasons, ignored the Palestinians and reported through the press that nothing serious had happened.

    The reason for this peacefulness is probably that they envisaged a working alliance between Israel, Jordan and the Sunni monarchies of the Persian Gulf. This is precisely the nightmare that the Iranians have done their utmost to prevent. They even restored diplomatic relations with Saudi Arabia in 2023. But apparently confrontation with the Shiites is more important to moderate Sunnis than dislike of the Jews.

    According to military analysts, if the Israeli Air Force did attack Iranian air defences, it means that they probably flew over Jordan or the Arabian Peninsula, and it is unlikely that this was done without the consent of the Hashemite Kingdom or the Saudis. As a result, the military alliance is not only defensive, which means that virtually all of Iran’s proxies in the region, including Hezbollah, the Houthis and the Shia militias in Iraq and Syria, are at risk.

    For now, however, this is all a hypothetical picture. A three-way alliance requires the normalisation of Israel's relations with Riyadh and, as part of the deal, the signing of a defence agreement with the US, as well as American-Israeli goodwill for the establishment of nuclear capability in Saudi Arabia. 

    And all this has to happen before the end of June. Otherwise, Washington will not be able to get the relevant decisions through Congress because of the upcoming election. Obviously, the Iranians believe that further escalation will only accelerate the process described above. That is why they prefer to pretend that they are fighting for peace. The very peace for which no stone should be left unturned on this planet. But that will come later.

    This article was first published by Kommersant, translated and edited by the RT team

  29. Site: Mises Institute
    2 weeks 1 day ago
    Author: Daniella Bassi
    People often stubbornly hold to false beliefs, one of them being that government regulation of driving prevents chaos. However, the opposite seems to be true: government involvement in anything, including driving a car, creates the chaos we claim we want to avoid.
  30. Site: Mises Institute
    2 weeks 1 day ago
    Author: Daniella Bassi
    People often stubbornly hold to false beliefs, one of them being that government regulation of driving prevents chaos. However, the opposite seems to be true: government involvement in anything, including driving a car, creates the chaos we claim we want to avoid.
  31. Site: Steyn Online
    2 weeks 1 day ago
    Mark takes questions from Steyn Club members around the world...
  32. Site: Steyn Online
    2 weeks 1 day ago
    Programming note: If you missed today's Clubland Q&A live around the planet, the action replay will be posted shortly. Meanwhile, welcome to Part Six of our nightly audio entertainment - The Secret Adversary, an early Agatha Christie caper of Tommy &
  33. Site: Steyn Online
    2 weeks 1 day ago
    Mark fields questions on many topics, from the woeful state of American education to the woeful state of the British police via the woeful state of the "Official Jews". All that plus a great conductor with some music for St George's Day and Anzac Day...
  34. Site: AsiaNews.it
    2 weeks 1 day ago
    At his Wednesday audience, Francis repeated that "War is always a defeat." Through the intercession of John Paul II 10 years after his canonisation, the pontiff called for "the gift of peace" in Ukraine and Myanmar too. In the catechesis on the life of grace according to the Spirit, he stressed that the theological virtues of faith, hope and charity are an "antidote to self-sufficiency".
  35. Site: LifeNews
    2 weeks 1 day ago
    Author: Steven Ertelt

    Florida Governor Ron DeSantis rebuked Joe Biden on abortion yesterday, shortly after Biden condemned Florida and its pro-life laws that protect babies with beating hearts from abortions.

    “All I can say is this is a guy who has intentionally opened the borders of this country and caused great harm,” the governor stated earlier on Tuesday. “His policies have caused families to suffer with higher prices and higher interest rates.”

    “And now he’s coming down to try to support a constitutional amendment that will mandate abortion up until the moment of birth, that will eliminate parental consent for minors, and that is written in a way that’s intentionally designed to deceive voters,” he continued.

    “Floridians are not buying what Joe Biden is selling,” DeSantis added. “And in November, we’re going to play an instrumental role in sending him back to Delaware where he belongs.”

    LifeNews is on TruthSocial. Please follow us here.

    The pro-life governor’s comments came after Biden slammed former President Donald Trump and Florida and urged voters to support a state amendment for abortions up to birth.

    “In America today in 2024 women have fewer rights than their mothers and their grandmothers had because of Donald Trump,” Biden falsely claimed.

    He further alleged that because of Trump “millions of women in Florida now face … pain and cruelty.”

    “It’s not inevitable,” the president continued. “We can stop it when you vote.”

    Fortunately, current polls show the amendment short of the 60% needed to be approved.

    The post DeSantis Slams Biden on Abortion: “Florida is Not Buying” Your Abortions Up to Birth Message appeared first on LifeNews.com.

  36. Site: Ron Paul Institute - Featured Articles
    2 weeks 1 day ago
    Author: Jeffrey A. Tucker

    The last few years can be tracked at two levels: the physical reality around us and the realm of the intellectual, mental, and psychological. 

    The first level has presented a chaotic narrative of the previously unthinkable. A killer virus that turned out to be what many people said it was in February 2020: a bad flu with a known demographic risk best treated with known therapeutics. But that template and the ensuing campaign of fear and emergency rule gave rise to astonishing changes in our lives. 

    Social functioning was wholly upended as schools, businesses, churches, and travel were ended by force. The entire population of the world was told to mask up, despite vast evidence that doing so achieved nothing in terms of stopping a respiratory virus. 

    That was followed by a breathtaking propaganda campaign for a shot that failed to live up to its promise. The cure for the disease itself caused tremendous damage to health including death, a subject about which everyone cared intensely before the shot and then strangely forgot about after. 

    Protests against the goings-on were met with media smears, shutdowns, and even the cancellation of bank accounts. However, and simultaneously, other forms of protest were encouraged, insofar as they were motivated by a more proper political agenda against structural injustices in the old system of law and order. That was a strange confluence of events, to say the least. 

    In the midst of this, which was wild enough, came new forms of surveillance, censorship, corporate consolidation, an explosion of government spending and power, rampant and global inflation, and hot wars from long-running border conflicts in two crucial regions. 

    The old Declarations of rules on the Internet put free speech as a first principle. Today, the hosting website of the most famous one, signed by Amnesty International and the ACLU, is gone, almost as if it never existed. In 2022, it came to be replaced by a White House Declaration on the Future of the Internet, that extols stakeholder control as the central principle. 

    All the while, once-trusted sources of information – media, academia, think tanks – have steadfastly refused to report and respond in truthful ways, leading to a further loss of public trust not just in government and politics but also in everything else, including corporate tech and all the higher order sectors of the culture. 

    Also part of this has been a political crisis in many nations, including the use of sketchy election strategies justified by epidemiologic emergency: the only safe way to vote (said the CDC) is absentee via the mails. Here we find one of many overlapping parallels to a scenario hardly ever imagined: infectious disease deployed as a cover for political manipulation. 

    Crucially and ominously, all of these mind-blowing developments took place in roughly similar ways the world over, and with the same language and model. Everywhere people were told “We are all in this together,” and that social distancing, masking, and vaxxing was the correct way out. Media was also censored everywhere, while anti-lockdown protestors (or even those who simply wanted to worship together in peace) were treated not as dissidents to be tolerated but irresponsible spreaders of disease. 

    Can we really pretend that all of this is normal, much less justified? The exhortation we receive daily is that we can and must. 

    Really? At what point did you realize that you had to start thinking for yourself? 

    We all have a different starting place and journey but each of us has the following in common. We’ve realized that official sources, the ones we’ve trusted in the past, are not going to make any sense of the above for us. We have to seek out alternatives and put the story together ourselves. And this we must do because the only other choice is to accept that all of the above consists of a random series of disconnected and pointless events, which is surely not true. 

    That leads to the second layer of comprehension; the intellectual, mental, and psychological. Here is where we find the real drama and incalculable difficulties. 

    At the dawn of lockdowns, what appeared to be a primitive public health error seemed to be taking place. It seemed like some scientists at the top, who gained an implausible amount of influence over government policy, had forgotten about natural immunity and were under the impression that it was good for health to stay home, be personally isolated, avoid exercise, and eat only takeout food. Surely such preposterous advice would be revealed soon as the nonsense it was. 

    How in the world could they be so stupid? How did they gain so much influence, not just nationally but all over the world? Did the whole of humanity suddenly forget about all known science in every field from virology to economics to psychology? 

    As time went on, more and more anomalies appeared that made that judgment seem naive. As it turns out, what was actually taking place had something to do with a move on the part of security and intelligence services. It was they who were given rule-making authority on March 13, 2020, and that’s why so much of what we needed to know was and is considered classified. 

    There were early initial reports that the virus itself might have been leaked from a US-backed lab in Wuhan, which introduces the entire subject of the US bioweapons program. This is a very deep rabbit hole itself, thoroughly exposed in Robert F. Kennedy, Jr.’s The Wuhan Cover-Up. There was a reason that topic was censored: it was all true. And as it turns out, the vaccine itself was able to bypass the normal approval process by slipping through under the cover of emergency. In effect, it came pre-approved by the military

    As the evidence continues to roll in, more and more rabbit holes appear, thousands of them. Each has a name: Pharma, CCP, WHO, Big Tech, Big Media, CBDCs, WEF, Deep State, Great Reset, Censorship, FTX, CISA, EVs, Climate Change, DEI, BlackRock, and many more besides. Each of these subject areas has threads or thousands of them, each connecting to more and to each other. At this point, it is simply not possible for a single person to follow it all. 

    To those of us who have been steeped in following the revelations day by day, and trying to keep up with putting them together into a coherent model of what happened to us, and what is still going on, the ominous reality is that the traditional understanding of rights, liberties, law, business, media, and science were dramatically overthrown in the course of just a few months and years. 

    Nothing operates today as it did in 2019. It’s not just that functioning broke. It was broken and then replaced. And the surreptitious coup d’etat with no shots fired is still ongoing, even if that is not the headline. 

    Of this fact, many of us today are certain. But how common is this knowledge? Is it a vague intuition held by many members of the public or is it known in more detail? There are no reliable polls. We are left to guess. If any of us in 2019 believed we had our finger on the pulse of the national mood or public opinion generally, we certainly do not anymore. 

    Nor do we have access to the inner workings of government at the highest levels, much less the conversations going on among the winners of our age, the well-connected ruling elites who seemed to have gamed the entire system for their own benefit. 

    It’s so much easier to regard the whole thing as a giant confusion or accident on grounds that only cranks and crazies believe in conspiracy theories. The trouble with that outlook is that it posits something even more implausible; that something this gigantic, far-reaching, and dramatic could have happened with no real intentionality or purpose or that it all fell together as a huge accident. 

    Brownstone Institute has published more than 2,000 articles and 10 books exploring all over the above topics. Other venues and friends are out there helping us with this research and discovery, issue by issue. Even so, a great deal of responsibility falls on this one institution, the main work of which is providing support for dissident and displaced voices, which is implausible since it was only founded three years ago. We are deeply grateful for our supporters and would welcome you to join them.

    As for the intellectuals we once revered for their curiosity and wisdom, most seem to have gone into hiding, either unable to adapt to the new realities or just unwilling to risk their careers by exploring hard topics. It’s understandable but still tragic. Most are happy to pretend like nothing happened or celebrate the change as nothing but progress. As for journalists, the New York Times publishes daily commentaries dismissing the Constitution as a dated anachronism that has to go and no one thinks much about it. 

    There is a lot to sort out. So much has changed so quickly. No sooner than the dust seems to be settling from one upheaval, there is another and then another. Keeping up with it all causes a level of psychological brain scramble on a scale we’ve never previously experienced. 

    It’s easier to wait for the historians to tell the next generation what happened. But maybe, just maybe, by stepping up and telling the story as we see it in real time, we can make a difference in stopping this madness and restoring some sane and normal freedom back to the world.

    Reprinted with permission from Brownstone Institute.

  37. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken, Carlo Lottieri
    Foreword to Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.
  38. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken
    Chapter 19 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.
  39. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken
    Chapter 16 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.
  40. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken
    Chapter 13 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.
  41. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken
    Chapter 10 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.
  42. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken
    Chapter 7 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.
  43. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken
    Chapter 4 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.
  44. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken
    Chapter 1 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.
  45. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken
    Postscript to Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.
  46. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken
    Chapter 18 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.
  47. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken
    Chapter 15 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.
  48. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken
    Chapter 12 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.
  49. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken
    Chapter 9 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.
  50. Site: Mises Institute
    2 weeks 1 day ago
    Author: Ryan McMaken
    Chapter 6 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities.

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