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Friday, July 3, 2026

Billl Bonner, "Interventionist Bedfellows"

A hybrid plug in car from China’s BYD.
Interventionist Bedfellows"
by Bill Bonner

"A much more interventionist position is very hard to avoid."
- Paul Krugman

Youghal, Ireland - "Paul Krugman says his longstanding faith in free trade and globalization has been shaken. The reason is parked right outside our house - a Chinese-made car.

What we’ve been looking at this week - through a glass darkly! - is the future. Retracing our steps...Now that the politicians have tasted the forbidden fruit - forbidden by the Constitution - they will no more give it up than a gambling addict surrenders a lottery ticket. In many cases, the powers Trump grabbed had also been snatched by previous presidents, but rarely so openly or on such a large scale.

And now, the Democrats are making a list and checking it twice. It includes naughty people on whom they might sic the Department of Justice, nice people who will be fired, or hired...and the vast new programs they might put in place without Congressional authority. And now, from neither side - left or right - can we expect a return to ‘normal,’ politics. The gravity of ‘middle-of-the-road’ has no pull. There’s nothing to keep voters’ feet on the ground.

Modern democracies were built on a fraud - the sweet fantasy that people would be better off as the feds bossed them around and spent more and more of their money. Banning, bombing, subsidizing, taxing, seizing, licensing, regulating - all the black arts practiced by the ruling classes...are put to service. But ‘the People’ are no better off. They are worse off as they have to pay for decades of failed policies.

It was always a mammoth Ponzi scheme, funded by funny money and debt. The early birds feasted. Those who come later find the larder depleted. They want change. Even, apparently, government-run grocery stores. And now, the mainstream political parties struggle to meet new voter demands.

Last year, the Wall Street Journal noted the fracture between red and blue: "America Is Fracturing Into Red and Blue Nations, Redistricting Fight Shows." Less than 20% of Americans live in a state where the minority party has a meaningful voice in governance

But now the WSJ highlights the fracture happening within the two parties: "Midterm splits on the right and left." While the Socialists are splitting away from mainstream Democrats, the schism on the ‘right’ has traditional ‘conservatives’ - such as Marjorie Taylor Greene and Tucker Carlson - backing away from Trump’s activist agenda. The Hill: "Former GOP Rep. Marjorie Taylor Greene (Ga.) said she is contemplating creating a new political party following her public split with the Republican Party. “I think there’s a group of us that if we decide to align, we could launch a true America-focused party that doesn’t fall into the traps of Democrats or Republicans, but could align some serious players from the right and the left,” Greene said during a Tuesday interview on “Piers Morgan Uncensored.”

But what comes apart, comes together. Paul Krugman is a former New York Times columnist and Nobel Prize-winning economist. He’s now joining forces with Trump on an issue that straddles domestic and foreign policies...intervening at home and abroad with a single jackass policy. Tariffs!

Our son-in-law rented a car at the airport in Dublin. The best deal he could find was a Chinese car - a hybrid - made by BYD. The company hadn’t produced a single car until 2005. Now it is the biggest auto manufacturer in China, and the third biggest globally. And last year, it overtook Tesla to be the world’s largest electric carmaker. China’s automakers are so efficient, operating at such large scale, they make it hard for other carmakers to compete. Which is why Krugman, Trump and many others think they shouldn’t be able to. “I don’t think the Europeans can allow their auto industry to be totally hollowed out,” says Krugman in the jargon of central planners everywhere.”

But ‘the Europeans’ don’t have an auto industry. Autos are made by companies...who do so where and how they can make money. As long as they are making money, they add to their owners’ wealth - and consumers’ wealth too. When they stop making money - because, for example, consumers prefer cheaper, better Chinese cars...they become a drain on the whole world’s wealth - using the same resources, but turning out inferior products. To this obvious objection, Krugman comes out with the magic words: ‘national security.’ But can a nation become more secure by forcing its consumers to pay more for an inferior set of wheels? “It’s a great car,” says our son-in-law."

"Requiem for America on the Fourth of July"

"Requiem for America on the Fourth of July"
by Chris Hedges

"Neoliberalism, better understood by its less sanitized term cutthroat capitalism, is the poison that destroyed our democracy. It gave the billionaire class and corporations the ideological cover to impoverish the working class, impose crippling austerity, hollow out democratic institutions, buy off our two ruling political parties and deform our courts into appendages of corporations and the rich.

Neoliberalism drove tens of millions of disenfranchised, desperate people into the arms of Christian fascists, who preyed on their despair and sold them the fantasy of magic Jesus. It drove them into the arms of conspiracy theorists and right-wing charlatans. It drove them down the self-destructive rabbit holes of alcoholism and opioid addiction, compulsive gambling, domestic and sexual violence. These were the inevitable consequences of personal stagnation, disempowerment and feelings of worthlessness, frustration and profound despair.

Neoliberalism ignores the cries of its victims. It dismisses their suffering and rage as irrational, ignorant and racist. It neuters liberal reforms, rendering them cosmetic and useless. Liberal apologists for neoliberalism, no longer concerned with economic justice, retreat into boutique activism. They mouth empty slogans about diversity and political correctness while pretending the relentless class war, unleashed globally since the 1970s, does not exist. The victims of neoliberal deindustrialization, 30 million of whom lost their jobs in the U.S. in mass layoffs, understand that the precarity of their existence does not concern their neoliberal masters.

Right-wing pundits and politicians, such as Donald Trump, who issue crude, vulgar and expletive-laden insults against the traditional neoliberal establishment are celebrated by the disenfranchised for exposing the political charade. These demagogues promise moral and economic renewal for the betrayed, albeit grounded in magical thinking.

Neoliberals peddle their own form of magical thinking. Neoliberalism is as absurd and infantile as the Christian Rapture and Make America Great Again (MAGA) movement. Trump lies like he breathes, but so did previous presidents including Joe Biden, Barack Obama and Bill Clinton. Trump embraces fantasies, but so did they. Trump, like his Democratic predecessors, enriches himself and his family, although with far more ostentation and greed. He, like them, facilitates the ongoing pillage by the billionaire class. Trump is the fascist iteration of the neoliberal con.

Concentrating wealth in the hands of a global oligarchic elite — the twelve richest billionaires own more wealth than the poorest half of the world — is designed to create massive income inequality and monopoly power. It is the antithesis of democratic equality. It is designed to fuel political extremism and foster social and cultural divisions. It is designed to hollow out democratic institutions. Economic rationality is not the point. David Harvey calls neoliberalism “accumulation by dispossession.”

As a ruling ideology, neoliberalism is a brilliant success. Starting in the 1970s, its Keynesian mainstream critics were marginalized or pushed out of academia, state institutions and financial organizations such as the International Monetary Fund (IMF) and the World Bank. The same is true of the media. Compliant courtiers and intellectual poseurs such as Milton Friedman or New York Times columnist Thomas Friedman were given prominent platforms and lavish corporate funding. They slavishly disseminated the official mantra of fringe, discredited economic theories popularized by Friedrich Hayek and the third-rate writer Ayn Rand.

Once the country was forced to kneel before the dictates of the marketplace, once government regulations were abolished, once taxes on the rich were slashed, once money was permitted to flow across borders, once unions were crushed and once trade deals were signed that sent jobs to sweatshops in Mexico and China, the world, these poseurs assured us, would be happier, freer and wealthier. It was a scam. But it worked. And it fueled the rival con game of the demagogues and fascists who were vomited up out of the moral and political morass.

The media bears much of the blame. In the name of objectivity, better understood as neutrality, it absented itself from the class war. It did not investigate the mounting abuses of the rich, corporations or its bought-and-paid-for political class. It did not expose the absurdity of neoliberalism. It rendered the victims invisible. By shutting themselves out of the debate, the media, a vital pillar of any democracy, neutered itself. It too became despised.

Individual freedom, which neoliberalism holds up as the highest good, and social justice are not compatible. Social justice, Harvey writes in “A Brief History of Neoliberalism,” requires social solidarity and “a willingness to submerge individual wants, needs, and desires in the cause of some more general struggle for, say, social equality and environmental justice.” Neoliberal rhetoric is able to “split off libertarianism, identity politics, multiculturalism, and eventually narcissistic consumerism from the social forces ranged in pursuit of social justice through the conquest of state power.”

Neoliberalism, as Ece Temelkuran writes in “How to Lose a Country: The 7 Steps From Democracy to Fascism,” exiles morality from public life. It isolates it in the private space of the individual. It corrals it into “the holding pen of religion” while religion is “clipped and cropped into market-friendly ‘spiritualities.’” Justice and mercy are no longer shared concepts. Personal and public morality are severed. How, she asks, “can we convince people not to commit evil in those realms of public life from which law enforcement is absent?”

“Humans,” she writes, “are incapable of functioning and living together without a good story to bind them and keep a certain set of values intact. That’s why the lack of a story in neoliberalism, the lack of meaning and cause, can be unbearable for the human mind. Since humans are forced to live in a state of mild antipathy — an acceptable amount of antipathy that is crucial to the neoliberal system — they are forever in dire need of a cause, a central triangulation point that they can use to orient themselves in relation to what’s good and what’s bad. The ethical vacuum of neoliberalism, its dismissal of the fact that human nature needs meaning and desperately seeks reasons to live, creates fertile ground for the invention of causes, and sometimes the most groundless or shallowest ones.”

Karl Polanyi in “The Great Transformation” distinguishes between bad freedoms and good freedoms. Bad freedoms are sacrosanct under neoliberalism. They permit the powerful to exploit workers and the natural world until exhaustion or collapse. Pharmaceutical and health care corporations, for example, jeopardize the lives of those who cannot afford their exorbitant prices. The fossil fuel industry is driving us towards extinction.

Good freedoms — freedom of conscience, freedom of speech, freedom of meeting, freedom of association, freedom to choose one’s job — are snuffed out by bad freedoms. The freedom of the many is transformed into the freedom of the few. The result is fascism.

Fascism uses the blunt instruments of fear, intimidation and violence to curb the mounting disquiet. It divides the country into warring factions — the patriots vs. the enemies of the state. It obliterates shared values. It champions the cruelty of hypermasculinity. Those who dissent are branded domestic terrorists. Civil liberties are abolished in the name of national security.

The 30- to 100-year sentences meted out to eight anti-ICE protesters in Texas, who were portrayed in court as an “antifa terror cell,” are being normalized. A ninth defendant, David Rolando Sanchez Estrada, was not present at the protest, but was sentenced to 30 years after being convicted of concealing documents when he moved a box of political zines and other materials. A second group of defendants in the broader Prairieland case were sentenced on July 1. Six who accepted plea agreements received prison terms ranging from nearly two years to 15 years, while Ines Soto, who rejected a plea agreement and went to trial, received 50 years.

The equation of civil disobedience with terrorism is routine in countries such as Turkey, Russia and India. It is being cemented into place in Europe. A British judge, in a ruling that mirrors what took place in Texas, recently sentenced four members of Palestine Action as terrorists, sending them to prison for five to nine years, even though they were neither charged nor convicted of terrorism offenses.

It does not matter if Donald Trump, Recep Tayyip Erdoğan, Narendra Modi, Vladimir Putin or Nigel Farage disappear. The tens in of millions of people “fired up by their message will still be there, and will still be ready to act upon the orders of a similar figure,” Temelkuran writes. “And unfortunately, as we experienced in Turkey in a very destructive way, even if you are determined to stay away from the world of politics, the minions will find you, even in your own personal space, armed with their own set of values and ready to hunt down anybody who doesn’t resemble themselves.”

Our country, as we once knew it, no longer exists. It was methodically destroyed by neoliberal con artists. The institutions and legal protections that once shielded us from tyranny no longer function. Those who champion an open society are orphans, smeared as traitors, excoriated as the “radical left.” I mourn what we have lost. I mourn what we are about to lose. This social isolation will soon be physical isolation. We will be criminalized or driven into exile.

Trump and his fascistic cabal, epitomized by billionaires such as Peter Thiel and Elon Musk, are constructing a mafia state. A nation of gangsters and marks. A nation where they alone have unlimited freedom to pillage and exploit. A nation where the government is privatized. A nation where we are enslaved to corporate technology. A nation where we have no place. We must name our enemies this Fourth of July. They are the fascists who have seized power. And they are those who, selling us the con of neoliberalism, put them there."

Joel Bowman, "We’re All Americans Now"

"We’re All Americans Now"
by Joel Bowman

“Unknown to those born in the United States, there exists a curious momentum in America apparent only to her visitors. In the widened eyes of these newcomers, the country appears to be hurtling forward in time at blistering, maniacal pace, her citizens unconsciously bound to a collective destiny of grand, mythological proportions, a mishmash of waiters and engineers and hookers and playwrights and teachers, of slick and desperate criminals and late night T.V. evangelists, of frat boys and southern belles and Marlborough men and block-jawed G.I.s, of cowboys and surfers and poets and junkies, all marching arm in arm along a great concrete road that hasn’t quite set.”
~ From "Morris, Alive" - A novel by Joel Bowman

Buenos Aires, Argentina - “It’s still the greatest show on earth,” a friend explained recently, describing his fond attachment to the ground beneath his feet. “Whatever its faults, and there are many to be sure, there’s nothing else quite like it. The greatest [expletive] show on earth.”

That our enthusiastic interlocutor is an aspiring actor and movie director, and that the ground beneath his feet is composed mostly of Venice Beach sand and the lapping Pacific tide, only underscores his point. Like Hollywood itself, as seen on the glimmering silver screen, the “Idea of America” is part mythology, part super-sized reality.... its setting part period drama, part futuristic sci-fi... its caricatured characters part supervillains, part superheroes.

As the flood of viral videos from World Cup football fans currently on wide-eyed tour across the United States attests, there is a “curious momentum in America apparent only to her visitors.” Perhaps you’ve seen the clips circulating online? Incredulous Brits wandering around Big Box stores like they’re national museums… spellbound Norwegians entranced by America’s small town hospitality… misty-eyed Italians wondering where free refills have been all their lives… to say nothing of the modern miracle that blows the collective European mind like no other: air conditioning.

But let us come back to the genesis of this vast abundance, the kind that causes Germans to convulse in raw pleasure over the godsend that is Texas barbecue, that teleports thunderstruck Aussies into joyful conniptions in the aisles of Buc-ee's gas stations, that moves grown Scotsmen to tears while sampling breakfast at all-American diners. That is, let us come back to the Idea of America…

E Pluribus Unum: Paradoxical and unique, this “Idea,” boldly written - nay, declared - into existence 250 years ago tomorrow, concerns both notions of individual sovereignty and collective destiny, the multitude and the singular, e pluribus unum. And unlike other, comparatively modest experiments concurrently underway around the world, this particular enterprise in human action concerns both citizens at home and “aliens” abroad, making it global on a scale that even the most aspirational empires on history’s grand stage tremble, cower, and occasionally blush.

But who are we, you may be wondering, an Australian-born scribbler, writing from Argentina’s distant capital, to weigh in on what constitutes the “Idea of America?” What right have we to opine on such matters? To trespass on, much less occupy, such hallowed philosophical territory? Excellent point, Dear Patriot! Allow us, if you would kindly holster your sidearm, a moment to plead our case... or rather, to stake our humble claim.

Unique among such historical notions, the “Idea of America” to which we refer is assuredly that... an Idea. As such, it is not to be confined by any map, the imagined political borders of which ebb and flow with the vicissitudes of time. Nor is it bound up in flags, anthems, official emblems or state seals; assorted simulacra, the outward insignia of nationhood, mere representations of the real McCoy. Nor does it reside in the halls of Congress or the White House ballroom, neither at the bottom of a ballot box or even in the earnest hearts and minds of any prevailing group calling itself “the majority.”

Remember that an Idea, as Austrian-American economist, Ludwig von Mises, described it, is more powerful than all that. From "Human Action" (which he wrote and published in New York City in 1949, after emigrating to the the States at the beginning of the decade in order to escape some decidedly bad ideas back on the Continent): “All changes in the realm of human affairs are brought about by ideas. Ideas and only ideas can light the darkness. They are the main weapons in man’s struggle for survival and advancement.” And here we come to the point...

Old World, New World: Perhaps you have noticed (or not) the curious tendency of Americans to hyphenate their demonym; this teacher is an Irish-American; that nurse an African-American; this policeman is an Italian-American; that artist a Chinese-American... and so on down the line... Jewish-Americans, Japanese-Americans, Canadian-Americans, et al.

If you call yourself American (whether hyphenated or not), this may not seem anything strange. But to those of us who live, work and play in any of the other ~200 nation states on the planet, it’s more than a quirky peculiarity. It is a one-way oddity!

To borrow the phrasing of another foreign-born member of the chattering class, the late English-American essayist, Christopher Hitchens, America is unique to the extent that it is “internally international,” brimming with hyphenated patriots from sea to shining sea. She is sui generis (as the Canadian-Jewish-American author, Saul Bellow, was fond of saying) in a manner that no other nation, Old World or New, can quite claim to be.

Indeed, there are single school districts in Texas that teach and test in more languages than are spoken in many countries. All of which makes, in the end, the question of “what is American?” the more difficult to pin down.

In fact, much of what we might consider “quintessentially American” is not really of America at all. From the exuberance pouring forth in what Susan Sontag (the daughter of Lithuanian and Polish Jews) called the “spirit of Philadelphia,” to practically everything that came afterward.

Founders Alexander Hamilton and James Wilson were foreign born (Nevis and England, respectively), as were a third of George Washington’s appointees to the nation’s original Supreme Court. Thomas Paine, without whose provocative pamphlets, "Common Sense" and "The American Crisis," one could scarcely imagine the American Revolution in the same light, had not even set foot in the colonies until he was almost two score years old.

“America,” writes (our Irish-American friend) Bill Bonner in the foreword to his aptly-titled compendium of essential essays, The Idea of America, “is a nation of people who chose to become Americans. Even the oldest family tree in the New World has immigrants at its root.” Bill might well have been echoing the sentiments of another Irish-American, President John F. Kennedy, who observed that, “Every American who has ever lived, with the exception of one group, was either an immigrant himself or a descendant of immigrants.”

American Icons: From her most prominently “American” musicians... Joni Mitchell hails from Canada, so too does Neil Young; Eddie Van Haalen was born in the Netherlands; Irving Berlin, composer of such Broadway classics as "There’s No Business Like Show Business," "White Christmas", and "God Bless America," was born in the Russian Empire...

To the visionary architects who cut her emblematic city skylines... Ludwig Mies van der Rohe hyphenates as German-American; Ieoh Ming Pei as Chinese-American; César Pelli was born just down the road, here in Argentina...

From her leading entrepreneurs and inventors... Nikolai Tesla was Serbian-American while Tesla CEO and on-again, off-again trillionaire, Elon Musk, is South African-American. One half of Google, Sergey Brin, was born in Moscow, Russia, while the inventor of the original blue jeans, Levi Strauss, was raised in Bavaria, Germany...

To the stars of her glittering silver screen... Bob Hope was born in England, so too Cary Grant... Audrey Hepburn comes from Belgium... Bruce Willis from Germany... and Arnie, the former California “Governator,” from Austria...

Plenty are those who were swept along with the “Idea of America,” though they began their journey elsewhere. “I am as American as April in Arizona,” joked Russian-American émigré, Vladimir Nabokov, who also claimed he was “one-fifth American,” on account of his having gained some 40 lbs after adopting an all-American diet.

From buildings to blue jeans to bake sales, even the phrase “as American as apple pie” rests on dubious etymological grounds. The original recipe hails from England, with heavy influences from the French and the Dutch. In fact, apples themselves weren’t even native to North America, arriving as they did in the arms of European settlers. While we’re at it, wheat comes from the Middle East... cinnamon from Sri Lanka... nutmeg from Indonesia...

Where Goes the Republic: “There is a whole world in America,” observed the American-British author, Henry James (one of the few writers to journey across The Pond in the other direction, proving himself the exception to the rule). And yet, later in James’s life, in a private letter, he would confess, “If I were to live my life over again, I would be an American. I would steep myself in America, I would know no other land.”

As many and varied are the pathways to the Idea of America, of equal importance is what that Idea - and its future - portends for the rest of the world, whether her destiny ends with the proverbial whimper or a bang. For whether one cares to notice or not, where goes America... so too goes the rest of the world, economically... culturally... socially... politically...

Just as there are American greenbacks changing hands from the broad avenidas of Buenos Aires to the back streets of Harare, so too do her movies and protests, fashion trends and fast food, technological marvels and social media fads reach across the globe, for better and worse.

What does this portend for the next 25… 100… 250 years? And why should the rest of us take notice? It was the Greek statesman, Pericles, who once said, “Just because you do not take an interest in politics doesn’t mean politics won’t take an interest in you.” So goes for America and her noble experiment. Whether Democrat or Republican, man or woman, black or white, citizen or alien... for better and for worse, we’re all Americans now. Happy birthday, USA!"

Thursday, July 2, 2026

"Only 9 Days of Sour Crude Left in the US SPR?"

"Only 9 Days of Sour Crude Left in the US SPR?"
by Larry C. Johnson

"Before diving into the headline of this article, the body of the former Supreme Leader of Iran, Ali Khamenei, who died on February 28 as a result of American-Israeli strikes, has been delivered to Tehran. This marks the start of a week long memorial service, with farewell ceremonies that will take place in several cities across Iran before concluding with the burial in Mashhad on July 9. Representatives of more than 100 countries will be attending, including Russia, China and India. Looney

Laura Loomer is calling for Israel to attack the gathering and murder the new Ayatollah, among others. She apparently does not comprehend that such an attack would likely produce a retaliation against Israel that would threaten the very survival of that nation. While Israel has a track record of launching reckless attacks, I don’t think that Bibi and his generals are this crazy.

The real news is on the oil front. I want to remind you what , President Donald Trump said at the G7 summit in June 2026 regarding the world’s oil supplies: “We only have about 4 weeks of oil left if the Strait stays closed. We have to get it open - now. This is not sustainable.”

I think the vast majority of people who heard Trump’s statement assumed that this applies to both sweet and sour crude. It does not. It is all about the sour crude, which is the source of diesel and aviation fuels.

On March 11, 2026, US Secretary of Energy Chris Wright announced the release of 172 million barrels of oil from the Strategic Petroleum Reserve (SPR) over approximately 120 days in response to rising oil prices resulting from United States attacks on Iran. At that drawdown pace - roughly 1.4 million barrels per day - the sour component of the SPR would be depleted of the released portion within the 120-day window, without any Persian Gulf replacement arriving via Cape routing until late summer at the earliest. So let’s do the math: 20 days in March, 30 days in April, 31 days in May, 30 days in June = 111 days. In other words, we have 9 days of sour crude left in the SPR.

Why is sour crude more important than sweet crude to the US economy? The first thing that seems counterintuitive is that sour crude - crude with high sulfur content, which sounds undesirable - is actually the preferred feedstock for complex US refineries producing diesel and jet fuel. This is not in spite of the sulfur but because of the broader molecular characteristics that accompany high-sulfur crude grades. In other words, without sour crude the US refineries will not be able to produce diesel and jet fuel.

Sour crude grades from the Persian Gulf - Arab Light, Basrah Light, Kuwait Export, Mars blend - tend to share a cluster of properties beyond just sulfur content: API gravity in the medium range (28–34°). This is critical. The atmospheric distillation column separates crude oil into fractions by boiling point. The middle distillate fraction - which produces both diesel and jet fuel —-is a specific cut of the barrel, roughly the 155–360°C boiling range. Medium-gravity crudes yield a larger proportion of this middle distillate cut per barrel than either very light crudes (which produce more naphtha and gasoline fractions) or very heavy crudes (which produce more vacuum gas oil and residual fuel oil). A medium-gravity sour crude like Arab Light yields approximately 30–35% of its barrel as middle distillates.

Naphthenic and paraffinic character compatible with distillate quality. Medium sour Gulf crudes tend to have a molecular composition in the middle distillate cut that, once hydrotreated to remove sulfur, produces diesel with good cetane numbers and jet fuel with acceptable freeze points without excessive additional processing. Once the sour crude in the SPR is exhausted, the US does not have an alternative supply - i.e., the US is dependent on sour crude imports.

Although Trump signed the MoU with Iran in order to get the sour crude flowing again - note that JD Vance admitted in an interview with the Daily Wire on Wednesday that the only reason the US signed the MoU was to rebuild US reserves - the oil coming out of the Persian Gulf is not heading to the US. According to Reuters: "Saudi Aramco, opens new tab resumed loadings from Ras Tanura, the world’s largest oil port, on Friday ​after a halt of nearly four months. The Saudi national oil company is ramping up loadings and shipments ​to Asia, adding to a prompt glut that has depressed Brent crude to about $70 a ⁠barrel from close to $120 in March following the interim U.S.-Iran peace deal.

In addition to using its Bahri tanker fleet to ​deliver the cargoes, the world’s top oil exporter offered the crude to its Asian customers on a spot pricing basis ​to attract demand as competition among suppliers heats up, said several trade sources who declined to be named due to the sensitivity of the matter."

At least five supertankers carrying a total 10 million barrels ‌of Saudi oil loaded from Ras Tanura have exited the Strait of Hormuz […] Two of the ​five very large crude carriers ⁠that have left the strait are heading to Japan, while another two are making their way to China. Even if a convoy of tankers left the Persian Gulf on Friday heading to the US, the voyage will take at least 42 days, which means that the US will be in a serious deficit of sour crude from 12 July until 23 August at the earliest. During that period we are likely to see the price of diesel and aviation fuel increase dramatically. Now do you understand why Trump signed the MoU with Iran?

With respect to growing tensions between Russia and NATO, a Russian military ship, which was escorting a sanctioned tanker, collided with a German coast guard vessel in the Baltic Sea on Tuesday, according to the Finnish newspaper Iltalehti. Collided is probably a translation exaggeration… The two vessels did not actually physically come in contact.

The Kira K tanker, which is under sanctions, was transporting oil through the Fehmarn Sound strait. A German coast guard ship, the Bayeruth, began approaching it. However, the Russian corvette “Sobrazitelny” approached from the east at high speed and announced: “This is the Russian military ship 531, stay away from the Kira K.” After this, the German vessel retreated, and the tanker continued its journey towards the Danish Straits. I think it is only a matter of time before incidents like this escalate into a full shooting war between Russia and the NATO states."

Gerald Celente, "Markets Get Hotter, Bigs Get Bigger, AI in Charge"

Strong language alert!
Gerald Celente, 7/2/26
"Markets Get Hotter, Bigs Get Bigger, AI in Charge"
"The June jobs report is out, the markets are soaring, and AI is taking over. But what's really driving the economy? Gerald Celente breaks down today's market action, exposes the trends behind the headlines, and reveals what's coming next. Learn how the biggest players keep getting bigger - and what you can do now to prepare. Subscribe for trend forecasts, market analysis, and insights you won't find in the mainstream media. Read history before it happens."
Comments here:

"The End Of Social Media Begging Is The Final Stage Of Collapse"

Jeremiah Babe, 7/2/26
"The End Of Social Media Begging 
Is The Final Stage Of Collapse"
Comments here:

"Something Is Seriously Wrong At Walmart And Customers Are Furious"

Full screen recommended.
Epic Economist, 7/2/26
"Something Is Seriously Wrong 
At Walmart And Customers Are Furious"
"Digital price tags at major retailers are changing prices while you shop, and customers are documenting the gap between shelf and register. This video shows shoppers tracking how the displayed price stopped matching the ring-up, sometimes around 30% of the time. You'll see snack bars climb in real time, receipt comparisons, vacuum tags marked one cent that scan higher, and the spread of digital pricing across roughly 4,600 stores nationwide. 

What This Video Covers: 
• Shoppers filming prices change on digital tags while standing in the aisle. 
• Receipts showing self-checkout totals higher than the marked shelf price. 
• A two-and-a-half-year tracking effort finding mismatches about 30% of the time.
• Concerns about surge pricing and cut hours as labor drops about 75%. 
• AI carts and cameras raising questions about surveillance and personalized pricing. 
• Customers pushing back on receipt checks and missing produce prices. 

If you've noticed the price changing between the aisle and the register, tell us in the comments where it happened to you and what the gap was. Subscribe for more breakdowns of how retail pricing technology is changing, and share this with anyone who shops these stores regularly so they know what to watch for at checkout. This video looks at Walmart digital price tags, surge pricing concerns, self-checkout receipt mismatches, surveillance pricing, AI grocery carts, retail receipt checks, and how the industry shifts the work of confirming prices onto everyday shoppers."
Comments here:

A Blues Musical Interlude: Foy Vance, Ed Sheeran, "Make it Rain"

Foy Vance, "Make it Rain"
The original, Ed Sheeran's version is the cover.
Ed Sheeran, "Make it Rain"

"A Look to the Heavens"

From Sagittarius to Carina, the Milky Way Galaxy shines in this dark night sky above planet Earth’s lush island paradise of Mangaia. Familiar to denizens of the southern hemisphere, the gorgeous skyscape includes the bulging galactic center at the upper left and bright stars Alpha and Beta Centauri just right of center. About 10 kilometers wide, volcanic Mangaia is the southernmost of the Cook Islands. Geologists estimate that at 18 million years old it is the oldest island in the Pacific Ocean.
Of course, the Milky Way is somewhat older, with the galaxy’s oldest stars estimated to be over 13 billion years old. (Editor’s note: This image holds the distinction of being selected as winner in the Royal Observatory, Greenwich, Astronomy Photographer of the Year competition in the Earth and Space category.)“

Where the Sea Brings Smiles Every Morning"

Full screen recommended.
"Where the Sea Brings Smiles Every Morning"

Native Elder, "Gratitude"

Full screen recommended.
Native Elder, "Gratitude"

"Pain Ain't Gonna Stop Me"

Full screen recommended.
Delta King's Blues,
"Pain Ain't Gonna Stop Me"
"The aches got louder… but so did my determination. “Pain Ain’t Gonna Stop Me” is a powerful, resilient Delta King’s Blues anthem about pushing forward through hard times, worn-out bones, and every challenge life throws your way. A gritty, determined acoustic guitar drives the groove like boots marching through mud without turning back. The harmonica cries bold and defiant, carrying the spirit of someone who refuses to surrender to the years. The rhythm rolls slow but relentless, built for folks who know that strength isn’t about feeling no pain - it’s about moving anyway. This is blues for fighters. For people who wake up sore, tired, and weathered… yet still get up and face another day.  Pain may ride beside me… but it sure ain’t driving."

The Daily "Near You?"

Jewett City, Connecticut, USA. Thanks for stopping by!

"Any Other View..."

"Human beings never think for themselves, they find it too uncomfortable. For the most part, members of our species simply repeat what they are told - and become upset if they are exposed to any different view. The characteristic human trait is not awareness but conformity, and the characteristic result is religious warfare. Other animals fight for territory or food; but, uniquely in the animal kingdom, human beings fight for their 'beliefs.' The reason is that beliefs guide behavior, which has evolutionary importance among human beings. But at a time when our behavior may well lead us to extinction, I see no reason to assume we have any awareness at all. We are stubborn, self-destructive conformists. Any other view of our species is just a self-congratulatory delusion."
- Michael Crichton, "The Lost World"

The Poet: Mary Oliver, "The Journey"

"The Journey"

"One day you finally knew
what you had to do, and began,
though the voices around you
kept shouting
their bad advice -
though the whole house
began to tremble
and you felt the old tug
at your ankles.
 Mend my life! 
each voice cried.
But you didn't stop.
You knew what you had to do,
though the wind pried
with its stiff fingers
at the very foundations,
though their melancholy
was terrible.
It was already late
enough, and a wild night,
and the road full of fallen
branches and stones.
But little by little,
as you left their voices behind,
the stars began to burn
through the sheets of clouds,
and there was a new voice
which you slowly
recognized as your own,
that kept you company
as you strode deeper and deeper
into the world,
determined to do
the only thing you could do -
determined to save
the only life you could save." 

- Mary Oliver

"Man's Nature..."

"Man has one name, and many more than two natures. But the essential
two are these: that he shall strive to impose order on chaos,
and that he shall strive to take advantage of chaos…
A third element of man's nature is this:
that he shall not understand what he is doing."
- John Brunner

"What’s The Meaning Of Life? It’s Right Here"

"What’s The Meaning Of Life? It’s Right Here"
by John Wilder

"What are we here for? It’s a big question, and one we have to ask now. Sadly, I think the answer for many people would be, “inexpensive Chinese-made throw pillows, new Marvel® movies, and the next iPhone®.”

For most of my life, it was a clear question that didn’t involve any of those things, except maybe affordable throw pillows, because they wear out so very quickly. At some point though, I figured it out. What was it? The meaning of life, or at least the abridged version. The existence of my generation, of any generation, was for two reasons:

First, to create the next generation. It’s the toughest and most fun work in the world. A family, working together, would do the best job possible at creating the best children possible. Why do we need those children? Why do they need to be better?

The “why” is the essence of the second reason. There are more challenges, literally an infinite set of challenges, that are before us. There are more horizons for us to conquer – we may have been to the Moon, but we don’t live there. We have sent robots to Mars, but we haven’t visited. Humanity has a job, and it has always been clear to me that our job was not yet done, at least not until we have developed a reliable way to make the PEZ®/Anti-PEZ™ drive (LINK).

Both of those answers rely on optimism. I think that optimism is justly earned. Even though humans have created unimaginable horrors, they have created, time and time again, amazing wonders. As Shakespeare’s Hamlet noted: "What a piece of work is a man, how noble in reason, how infinite in faculties, in form and moving how express and admirable, in action how like an angel, in apprehension how like a god! The beauty of the world, the paragon of animals!"

What I see today, however, isn’t the wonder of man, it’s the crisis we face with apprehension. It consists of multiple fronts.

Energy: Even though we are up against physical limits on the energy systems that we use, the idiocy of the Green Energy™ movement feels more like a mutual suicide pact. The use of energy, primarily since the Industrial Revolution has created the greatest amount of prosperity and well-being the world has ever seen. It is an absolute certainty that if the Leftists have their way, the amount of misery around the world will make World War II seem like a carnival ride. I mean, not a good carnival ride, but at least it would have Patton.

Family: One of the primary reasons for civilization in the first place is that it creates the basis for making itself better, and that basis is the family. Children are not easy to raise. Any single parent working by themselves would have been my victim. It took both Pa Wilder and Ma Wilder (along with my brother, John Wilder) to make me a better person than Feral John Wilder would have become. Family is important, and you can’t make good and strong children without one.

Morality: Morality is crucial. We have moved away from the moral basics that have created Western Civilization, and inverted them. We used to celebrate the beautiful, and now celebrate the ugly. And Pride Festivals®? Pride was a sin. And it still is. Unless it involves lions.

Who are the enemies? The Globalist Left: This is a big bunch, but they come in two flavors.

The Globalist Left - The Antifa Gang: These are people, who, generally despise themselves. They revel in ugliness, because they feel that they’re ugly inside. They look at society and hate it. They want to watch it all burn. They hate themselves, and want to make the world outside as horrifying as the world they hold inside themselves. This probably describes everyone that works at CNN®.

The Globalist Left – The Elite: They always seem to exist. They were there at the fall of Rome, they were there when the Library of Alexandria was sacked, when Russia became a killing ground, and when China killed uncountable millions. They appear to be the parasites that are jealous of real achievement and seek to game society so that they can come to power. They also appear to gravitate to power for the sake of power, and delight in the destruction of anything as long as it brings them wealth and comfort, even if it kills the host society.

Technology: I could go on all day, but there are two that jump out – they are the two most destabilizing technologies that exist today. Technology is difficult, because now it moves so quickly, but humans don’t adapt to it very quickly at all. I mean, VCRs existed and no one ever figured out how to stop the blinking 12:00.

Technology Itself – The Pill: To a certain extent, one of the big foes of humanity right now is our state of technological advancement itself. Multiple technological advances have created stresses that have never been seen before in human history. The first of these, The Pill, was a disaster. Some of the oldest rules to make society stable were about marriage and reproduction. Why? The stability of the family structure was ripped apart by The Pill, and the divorces started not long afterward.

Technology Itself – Social Media: When the printing press was originally invented, it opened a world where the knowledge of the entire history of mankind could be shared. When the Internet developed, all of that knowledge could be shared freely. Instead, the Internet has become a dopamine factory that is one of the most insidious narcissism trap in the history of humanity. What could have united us has, instead, created zombies of people who sit in restaurants staring at their phones rather than talking to each other and having authentic conversations. This has created a world with artificial closeness between people who have no connection, and artificial barriers between those who should be close.

Obviously, I could keep going. The enemies of that which is Right, True, and Good are legion. The methods they use are diverse. If I were writing a screenplay, I’d be wondering how I write myself out of this predicament. Thankfully, the answer is that I don’t have to. Western Civilization has defeated enemies just like these for thousands of years. We have been at the breaking point again and again. It is true, we won’t be the same after this crisis. There’s no guarantee that the crisis won’t last for decades. And I promise it really will be the most difficult thing that any of us live through. I mean, those of us that make it.

So, what are we here for? We’re here to carry the torch forward. To have wonderful children that exceed us in our capacity, because there are tough horizons, and more work to be done. We are building the people that will take us into the future. They are our children. We build them for the future, so that they can build the future, despite the obstacles and enemies of humanity. And we’ll win. We always have."
Click image for larger size.

Adventures With Danno, "This Is Getting Worse By The Minute! Massive Food Recall!"

Adventures With Danno, 7/2/26
"This Is Getting Worse By The Minute! 
Massive Food Recall!"
Comments here:

"How It Really Is"

 

"The Truth Virus: The Most Dangerous Virus in the World"

"The Truth Virus:
The Most Dangerous Virus in the World"
by Dog Poet

"I’ve got a virus. It doesn’t have a common name because it isn’t a common virus. It’s difficult to catch this virus because there are only so many ways for it to enter your system. You can catch it as a result of extreme trauma which results in all of your defenses being shut down. This includes all subconscious resistance and all systemic defenses. You can catch it as a result of long term abuse. This includes abuse visited upon you or abuse you visit on yourself. Often this abuse comes about because the virus is already looking for a foothold and it will attract one of these two kinds of abuse. You can catch it through diligent and repeated efforts to catch it, in an environment of quietude, created by a relentless persistence of the mind to cease from the production of thought. There are a few other ways.

Once you’ve got this virus there’s no cure for it. Every cell in your body is going to be replaced and the world will gradually - and sometimes not so gradually - take on the appearance of an insane asylum, while also becoming remarkably predictable. People think insanity is unpredictable but that’s just one of the illusions that are part of the ordinary mindset of the collectively insane.

People who have this virus can understand one another without having to say anything at all and if they should speak they are also understood by people who are vulnerable to this virus. This is one of the ways that the virus spreads. The impact of the virus speaking induces trauma that naturally moves toward the extreme. People who do not have the virus- and who are not susceptible to catching it- will not understand a single word being said. It will make them uncomfortable and sometimes it will make them angry but at no time will it be understood.

There’s a lot of news, noise and argument about Howdy Doody’s comprehensive health plan for the Teletubbies. Most people think that some permutation of universal health care is going to be a major step up for American society. They seem to think that having it is somehow going to lead to a more general state of well being among the population. There are several reasons why this isn’t going to make the slightest difference no matter what kind of a program finally gets decided on.

It doesn’t really matter whether you can see a doctor of your choice or not and have some amount of it paid for. It isn’t going to have any positive effect on your health. Health is the result of a few basic things and one of them is youth. The other things are diet and ones mental and emotional state. An awareness of ones relationship to all of these leads to making the right decisions about how one lives their life. A conscious awareness of diet has a profound effect on one’s well being. One’s mental and emotional states also play significant roles. One needs only to study how many stress-related diseases there are to understand this. If you factor bad diet into unbalanced mental and emotional states you’ve got a problem no doctor can deal with, especially if your medical system is of the allopathic variety.

The people who decide what doctors can and cannot do and what doctors can and cannot tell you are permanent bed-partners with various corporations for whom good health is a bad thing. These are the pharmaceutical concerns; the AMA, the hospital equipment industry and related suppliers of related products. These corporations have another relationship with the various food industries in the sense that they will not write or permit policy that impinges on major enterprises that bring you processed foods, fast foods, mystery meats, candy and soft drinks and whatever else hides under that umbrella. What this means is that, according to the capitalist mentality that rules this society, it is possible; it has to be possible and it damn well will be possible to eat anything you want, avoid exercise and generally break any and every rule of intelligent behavior and if there’s a problem they will either cut it out of you or suppress the symptoms until they have to cut it out of you.

Because the will of corporations is the rule of the land, there will be no change in the profit line for participating corporations. What will change will be the language that the non-change is presented in. To see into the black heart of the system in charge of American life you have only to look into the prison industry where 5% of the American public and 25% of the world’s prison population are incarcerated in American prisons. Why is this? It’s a business. Is it coincidence that America uses 60% of the world’s resources as well?

The unstated objective of American society is that a small percentage of its members shall possess the greatest amount of wealth at the expense of everyone else and will then be lauded for their efforts to assist the less fortunate where no such efforts exist. Such a system cannot survive and will not survive and is presently at the state where a number of shell games are being used to give the impression that the system is doing fine (nicely recovering from a bad scare) and going to get better as it approaches the lip of a high cliff. As things begin to fall from the cliff, you will see charts and graphs appear that indicate the true state and direction of the culture and economy but they will probably be holding these charts and graphs upside down.

I see these things and many other things because I have this virus. Others have this virus too and many more are on the verge of infection. The biggest concern of the TPTB is the proliferation of this virus. Their concern about all other viruses, which they manufactured to begin with, is just Slim Shady dining at the Red Herring Restaurant.

With this virus I can see that the appetites and desires being milked by corporations in order to promote and sell their products leads directly to aberrant behavior which leads to the prison industry for those who are not making the laws that route the unfortunate toward the prison or the grave with that long interlude of enslavement at the looping track of life where they chase the uncatchable dream rabbit that is already steaming in the pot of their betters.

With this virus I can look directly at the lies of politicians and religious leaders and hear the truth that spotlights the pies around the corner and their relationship to the pies in the sky which are moving on conveyor belts behind unbreakable Plexiglas. I can see that there are no pies because the pies are only video projections of pies bounced off of a series of mirrors. I can see the people who do no have the virus and I can see the world they are looking at and it turns out that this world is also just a projection bouncing off of mirrors and one of those mirrors is their minds. These projections then activate the furnace in the visceral brain which causes those without the virus to dance like millions of chickens on a hot griddle that somehow got the impression that they are auditioning for American Idol.

It is not possible to create a society, based on the principles that some of us have read and most of us have heard about, when corporations are the ruling authority of the land, because the intent of a corporation is diametrically opposed to the principles that some of us have read and most of us have heard about. You can’t make Beef Stroganoff out of pork rinds and Velveeta but you can convince people that that is what they are eating and that is the point.

There’s a debate that has been going around since Cain brained Abel and that debate centers on whether it is better to have this virus or some form of all the other viruses. The awareness that comes with having this virus can lead to the rack, the auto da fe and other less pleasant locations. Having the other viruses can lead to being a hamster or some part of a compost pile and a fire burns there as well. They can lead to being cannon fodder and the merciless hands of those who practice a form of medicine that has little to do with the stated intentions of the art. The hands of these practitioners are often more dangerous than the problem that brought you there. Most people spend more than ninety percent of everything they have saved in their lives in the last year of their life on an industry whose purpose is exactly for that reason.

This virus of mine - and perhaps you have it too - is not an easy burden to bear. You can never pull the covers over your head again. You know there’s no monster in the closet but you also know where the real monsters dwell. You are doomed to an unending quarantine even as you move among your fellows. One thing you do acquire as a result of this virus is compassion and, as Lao Tzu said long ago, “Compassion is a weapon from the sky against being dead.” Realization may not be all the things we imagine it to be, but it is preferable to the restless sleep of nightmares wielded by the whip hand of psychopaths."

"One Can Fight Evil..."

Boobus Americanus, champion of willful ignorance.
They don't know because they don't want to know...
'One can fight evil but against stupidity one is helpless.'
- Henry Miller
 "Alas, regardless of their doom,
The little victims play!
No sense have they of ills to come,
Nor care beyond to-day..."
Oh, we so deserve what we get...