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Zero Rss

My First Encounter With Trans

Zero Rss
1 month 4 weeks ago
My First Encounter With Trans

Authored by Richard C. Crandall via American Thinker,

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

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

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 Potato Head has been replaced by dolls that allow children to swap internal and external sexual parts.

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

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

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

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

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

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

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

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

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

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

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

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

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

Image via Pexels.

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

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

Zero Rss
1 month 4 weeks ago
Study Finds 93% Of Avocado Oil Chips Contain Other Oils. There Is A Solution ...

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

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

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

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

  • The Facts About Seed Oils And Your Health
  • Cooking Oils Used By Millions Linked To Cancer In Second Study In A Week

Results by brand:

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

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

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

Nvidia Confirms Record $500 Billion Off-Balance Sheet SPV Deal To Fund The World's Biggest Circle Jerk

Zero Rss
1 month 4 weeks ago
Nvidia Confirms Record $500 Billion Off-Balance Sheet SPV Deal To Fund The World's Biggest Circle Jerk

Update (1630ET): After the bell, NVDA confirmed the earlier reporting (that it has signed agreements with six of the largest finance houses on Wall Street to mobilize a $500 billion package to fund the artificial intelligence infrastructure build-out), with a press release quoting each of the BSDs involved in depth.

“NVIDIA has reached an important milestone. We began by building chips; today, we are helping create a new class of productive, investable infrastructure: AI factories,” said Jensen Huang, founder and CEO of NVIDIA. “In AI, compute is revenue. NVIDIA compute is uniquely suited for this role. It is broadly adopted, flexible across models and workloads, fungible and transferable across customers and operators, and continuously improved through CUDA software — extending its useful life and improving its economics over time. It is supported by a deep global ecosystem of developers, customers and offtakers. That is why we are bringing the world’s leading long-term capital providers together to independently underwrite AI infrastructure. These financing platforms will help customers access scarce compute at scale and build the AI factories that will power every industry and country in the age of AI.”

“Modern compute has emerged as a scarce, mission-critical asset class with compelling investment characteristics that is positioned to drive significant long-term economic growth and productivity gains,” said Apollo President Jim Zelter. “The combination of NVIDIA’s proprietary technology ecosystem and Apollo’s flexible, long-term capital base provides a strong foundation to support the next stage of the AI buildout as part of the broader Global Industrial Renaissance.”

“The AI buildout will require unprecedented investment and a skilled workforce to turn that investment into the infrastructure that will help power future growth,” said Larry Fink, Chairman and CEO of BlackRock. “This partnership deepens our relationship with NVIDIA, including through the AI Infrastructure Partnership, and brings together NVIDIA’s leadership in accelerated computing with BlackRock’s ability to connect long-term capital to essential infrastructure. Together, we can help deliver the compute capacity that companies need to grow and create more jobs, supporting the continued growth of the U.S. and global economies, while creating attractive, long-term investment opportunities for our clients.”

“NVIDIA has created extraordinary demand for its compute through an intense focus on customer value and versatile technology,” said Jon Gray, President and COO of Blackstone. “We continue to be enormous investors globally across the NVIDIA ecosystem, and this announcement further underscores our confidence in their platform and the future of AI infrastructure.”

“As our strategic partner, NVIDIA is enabling us to scale AI factories. We are excited about further collaboration to build and fund the backbone of AI globally,” said Bruce Flatt, CEO of Brookfield. “With demand for large-scale AI compute growing significantly as adoption scales across industries, compute is fast becoming the essential layer of infrastructure and a core pillar of the Brookfield AI infrastructure strategy.”

“We’re in a pivotal moment of a historic AI investment cycle. NVIDIA’s full-stack platform is in high demand and uniquely positioned at the center of that global buildout,” said David Solomon, Chairman and CEO of Goldman Sachs. “Our investment and distribution roles reflect our confidence in NVIDIA’s leadership, and we’re excited for the new opportunity to create a market for credit backed by NVIDIA compute."

“Compute has become a critical infrastructure asset. As we’ve scaled our approach to digital infrastructure, we’ve learned that delivery, not ambition, is the hard part. That’s why we’re excited to build on our strategic partnership with NVIDIA, a founding investor in Helix Digital Infrastructure, to bring together NVIDIA’s accelerated computing platform with KKR’s long-duration capital, infrastructure expertise and capital markets capabilities to turn growing demand into real capacity at extraordinary scale,” said Joe Bae and Scott Nuttall, Co-Chief Executive Officers of KKR.

But, you know this debt raise is urgent when the heads of all involved head to CNBC for a roundtable to discuss why "we need to raise more money as fast as possible"...

🤯🤯🤯
“We need to raise more money as fast as possible”

“We’re going to need to spend trillions and trillion of dollars on compute”

Oh my goodness. We did not even start…government funding is coming too. you’re bearish?? https://t.co/ADlrS88ex1 pic.twitter.com/YAcmno6NRr

— Nicholas Mugalli (@RealNickMugalli) August 10, 2026

...because "we’re going to need to spend trillions and trillion of dollars on compute"...

Hear it from the Horse’s mouth. Jensen talking about the trillions of dollars going into compute. Whoaaa https://t.co/pXAfYbRViD pic.twitter.com/pgsG5YknpC

— Nicholas Mugalli (@RealNickMugalli) August 10, 2026

...presumably to compete with the Chinese as overall Token spend plummets...

*  *  *

In what is shaping up as a record-breaking, off-balance sheet SPV deal, one which will send CDS and credit yields surging far beyond where the recent explosion in AI debt has already pushed them, and as shown in the chart below, it's pretty, pretty far...

... the FT reports that Nvidia - unable to generate fund the old-fashioned way by earnings - is working with the world’s largest financial groups are to assemble a $500bn funding package for AI infrastructure development, in what will be the biggest AI lending efforts to date of any kind.

A consortium of groups including private credit (and equity) giants Apollo, Blackstone, BlackRock, Brookfield, Goldman and KKR is entering a partnership with Nvidia to invest in the AI build-out, the FT cited six people briefed on the talks.

The "partnership" as the FT calls it as it sounds a bit better than "hail-may, off-balance sheet arrangement" underscores Nvidia’s increasingly desperate efforts to raise capital for itself and its clients (because everyone now admits that circular financing is absolutely critical to keeping the AI bubble going) to continue assembling the chips, power production and data centers at the heart of the AI boom.

The $5.25tn company, whose GPUs underpin most of the leading US AI models available today, has positioned itself at the center of the AI boom, providing chips, infrastructure and software to a wide array of partners developing the technology.

More ominously, as it brings back fresh memories of the vendor financing that was in part responsible for the collapse of the dot com bubble, the chipmaker traditionally provides financial backing to help its AI partners raise debt in capital markets, which then helps boost Nvidia’s own revenue, in what has become AI's trademark circle jerk deal.

As we have discussed here for the past year, the circular nature of such transactions has raised concerns about concentrated risks in the sector, and it's why NVDA stock slumped immediately after the FT news broke, sliding as much as 2% on the FT report and wiping out more than $70bn in market capitalisation.

Separately, Nvidia was in talks to provide a massive guarantee for a 10-gigawatt data centre project in Ohio leased to OpenAI, according to a person familiar with the matter.

The deal shows how Nvidia is building relationships with the giants of the private capital industry, which are collectively preparing to invest trillions of dollars of their insurance, retail and institutional investor assets into AI infrastructure. 

In recent years, private capital groups such as Apollo and Blackstone have structured off-balance sheet SPV, pardon, AI infrastructure deals to assist companies like Anthropic finance their heavy spending on chips and data centers. We discussed this extensively two months ago  in "The $1.8 Trillion Off-Balance Sheet Time Bomb At The Heart Of The AI Supercycle", a topic which the FT also caught up with today. 

The US hyperscalers have now signed up for about $1 trillion of lease commitments that don't appear in their financial data (and are on the hook for another $1 trillion of future purchase commitments). https://t.co/hLnjMGUHzJ pic.twitter.com/Tx2zRfwnIW

— Robin Wigglesworth (@RobinWigg) August 10, 2026

Nvidia, whose market cap has grown 15x since the launch of the first chatGPT in November 2022, is not the only beneficiary of the gargantuan circle-jerk deals that define the AI bubble: the biggest cloud-computing companies, including Meta, Oracle, Microsoft, Alphabet and Amazon, have also dramatically increased their spending on AI infrastructure as they look to win the race to dominate the emerging technology. Morgan Stanley projects so-called hyperscalers will spend $3.5tn between 2026 and 2028.

That need for capital has forced technology groups to tap every source of cash they can find, including public equity, investment-grade and high-yield bonds, securitised debt, private credit and project finance markets.

“[The] sheer size of the AI infrastructure build-out is unprecedented,” Jim Zelter, president of Apollo, said on an earnings call earlier this month. “More than $8tn of capital is expected to be invested, a staggering sum. We see an enormous opportunity for private capital to finance a portion of this along with public capital.”

While all that is great, it appears nobody has done the math on what happens if traditional, expensive frontier models lose to vastly cheaper, open-weight/source models. One thing is certain: the free cash flow hockeystick projected in the chart below will never, ever happen should open-weight models win the arms race. 

So, uh, guys we still hockeystick FCF with everyone moving to open models? https://t.co/1i1Hs0XZIx

— zerohedge (@zerohedge) August 10, 2026

And now we sit back and wait to see just how far into the stratosphere this record SPV deal will send hyperscaler CDS and bond spreads. 

Tyler Durden Mon, 08/10/2026 - 18:35
Tyler Durden

Secrets Of Tupac Shakur Murder To Be Revealed As Jury Selection Begins

Zero Rss
1 month 4 weeks ago
Secrets Of Tupac Shakur Murder To Be Revealed As Jury Selection Begins

Authored by Chris Summers via The Epoch Times,

Prosecutors are hopeful of obtaining the first conviction in relation to the murder of rapper Tupac Shakur—a crime that has been unsolved for 30 years—with jury selection due to start in Las Vegas on Aug. 10.

Shakur, who was 25 when he died, is widely considered to be one of the most influential rappers in the history of the genre.

He had five No. 1 albums on the Billboard chart, was nominated for six Grammy awards, and was inducted into the Rock & Roll Hall of Fame in 2017.

Shakur, who was from Los Angeles, was fatally wounded in a drive-by shooting just off the Las Vegas Strip on Sept. 7, 1996, shortly after a heavyweight title fight between Mike Tyson and Bruce Seldon. He died six days later in a hospital.

The head of Shakur’s Death Row Records, Marion “Suge” Knight, who was driving the car, survived the shooting.

Over the past three decades, Knight and, by association, Shakur, have been repeatedly linked with the Mob Piru Bloods gang in Los Angeles.

In Sept. 2023, Duane “Keffe D” Davis was arrested and later charged with Shakur’s murder.

Duane "Keffe D" Davis—who is accused of the 1996 murder of rapper Tupac Shakur—arrives for a hearing at Clark County District Court in Las Vegas on Jan. 21, 2025. Ethan Miller/Pool Photo via AP

Seven months before his death, Shakur had produced his 10th rap album, All Eyez on Me, and at the time of his death was involved in a beef with East Coast rappers, including Biggie Smalls, and his producer Sean “Diddy” Combs.

Six months later, Smalls—real name Christopher Wallace—was fatally shot in Los Angeles in a crime that also remains unsolved.

Defendant’s Memoir is Key Evidence

In 2019, 63-year-old Davis co-authored a memoir, “Compton Street Legend,” in which he wrote about Shakur’s death.

In the book, Davis said he was a leader of the South Side Compton Crips gang at the time of the rapper’s death.

Davis alleged Combs, who ran Bad Boy Records, offered him money to kill Knight and Shakur.

Combs—who was jailed in October 2025 for 50 months after being convicted of transporting individuals for prostitution or other illegal sex acts—has always denied any involvement in the shooting.

Davis faces one charge of murder with a deadly weapon with the intent to promote, further, or assist a criminal gang.

The trial, at Clark County District Court in Las Vegas, with Judge Carli Kierny presiding, is set to last a month.

In his book, Davis said he was one of four men—all members of the South Side Compton Crips—who were in a white Cadillac that drew up alongside Shakur’s black BMW moments before the shooting, but he did not say who pulled the trigger.

The other three men, who have long been considered suspects in the shooting, later died in gang-related violence.

They included Davis’ nephew, Orlando “Baby Lane” Anderson, who was arrested a month after Shakur’s killing in relation to an unrelated murder in Compton, California.

Charges were never brought against him in relation to Shakur’s death, and he was killed in an unrelated gang shootout in Compton in 1998.

The other two men who were in the car, Terry “Bubble Up” Brown and Deandrae “Freaky” Smith, were also killed before they could be charged over Shakur’s death.

The lyrics of many of Shakur’s songs were associated with the so-called gangsta rap genre.

“Will I survive? Will I die? Let’s picture the possibility,” he rapped in the title track from the All Eyez on Me album.

Rapper Tupac Shakur attends a voter registration event in South Central Los Angeles on Aug. 15, 1996. Frank Wiese/AP

On the night he was shot, Shakur was on his way from the MGM Grand, where the fight had taken place, to Club 662, where he was due to perform.

Knight was driving when the killers’ vehicle pulled up next to it at the intersection of East Flamingo Road and Koval Lane, a block east of the Strip in Las Vegas.

Among the list of witnesses due to testify at the trial is Leonard Jefferson, a photographer, who pulled up next to the BMW shortly before the shooting and took an iconic photo of Shakur.

Will Suge Knight Testify?

Others named on the witness list include Knight, who told TMZ in 2023 he would not testify.

Knight is serving a 28-year prison sentence in California for running over and killing Terry Carter in 2015.

The incident stemmed from a dispute between Knight and an associate over the former music executive’s portrayal in a documentary, “Straight Outta Compton.”

Also named as potential witnesses are the former Las Vegas Mayor, Oscar Goodman, members of Shakur’s family, and Denvonta Lee, a former South Side Crips affiliate.

In his testimony to the grand jury, Lee testified that the South Side Crips and the Mob Piru Bloods were linked to Bad Boy Records and Death Row Records, respectively.

Lee also told the grand jury that Anderson did not have a clear target, so Smith took the gun and fired the fatal shots.

Jury selection is expected to last several days, and will be followed by the prosecution and the defense giving opening statements.

The courtroom is expected to be packed, and a live feed of the trial will broadcast it to millions on YouTube.

The prosecution team will be led by Clark County’s Chief Deputy District Attorney, Marc DiGiacomo, and his colleague Binu Palal.

Davis’s lead defense attorney is Michael Sanft.

The Epoch Times reached out to Sanft for comment but did not receive a response by publication time.

Tyler Durden Mon, 08/10/2026 - 18:25
Tyler Durden

Wildfires Continue To Rage Across Western US And Canada As Tens Of Thousands Evacuated

Zero Rss
1 month 4 weeks ago
Wildfires Continue To Rage Across Western US And Canada As Tens Of Thousands Evacuated

Wildfires burning across the western United States and Canada continued to threaten communities Sunday, leaving thousands of residents displaced and others watching closely for possible evacuation orders. While some evacuees waited anxiously to learn whether their homes had survived, firefighters worked to contain several major blazes across the region.

The Bald Range wildfire, that has forced people out of their homes in the south Okanagan region, burns in Summerland, British Columbia, Canada, late on Aug.8, 2026. Darryl Dyck/The Canadian Press via AP

In western Canada, more than 20,000 people were forced to flee communities along Okanagan Lake in British Columbia over the weekend as a fast-moving wildfire destroyed homes and prompted dramatic aircraft rescues. Farther south, crews in eastern Washington continued cleanup and containment work on three wildfires that have burned in the Spokane area for more than a week.

Laurie Allen evacuated her home in Nine Mile Falls, a community north of Spokane, the previous weekend as flames burned nearby. She fled with her husband, dog and two kittens. Although roads into her neighborhood remained closed Sunday, Allen said a friend had told her that her home and several others nearby were still standing, though covered in ash.

"I've been here 65 years. It's never happened," Allen said. "We didn't think about anything but grabbing our animals and leaving. But now it's affected so many of our friends and family around. So it's pretty dang devastating."

More Than 20,000 Flee Wildfires in British Columbia

In Canada, residents across the Okanagan Lake region faced rapidly changing conditions as wildfires forced large-scale evacuations, AP reports.

Anette Boulet was among those who fled Summerland, a community of about 12,000 people along Okanagan Lake. She and her family left around 4:30 a.m. Saturday as thick smoke surrounded their home and flames approached nearby ridges.

"You couldn't see barely. It was, it was just dark, and the ridge, the ridge of fire just coming towards you," Boulet said after evacuating to a center in Penticton.

"There's no words to express it," she added. "The fear."

Later Sunday, the Royal Canadian Mounted Police said an 80-year-old woman died while attempting to escape the wildfire that prompted evacuations throughout the Okanagan Lake region.

🔥 BRITISH COLUMBIA IS ON FIRE — 20,000+ PEOPLE FORCED TO FLEE

British Columbia has declared a state of emergency as the Bald Range wildfire explodes across southern B.C., forcing more than 20,000 people to evacuate.

The fire nearly doubled in size overnight, expanding to… pic.twitter.com/hZAnb2DvSo

— Zacky vicent (@VicentZacky) August 9, 2026

In addition to the evacuations in Summerland, the Bald Range fire, first reported Friday evening, forced roughly 8,000 people to leave their homes in and around nearby Peachland. British Columbia declared a state of emergency Saturday as officials mobilized additional resources to respond to the worsening fire conditions.

Eleanor Olszewski, Canada's minister of emergency management and community resilience, said Sunday that she had approved British Columbia's request for federal assistance, including support for shelter and temporary accommodations for displaced residents.

Spokane-Area Fires Leave Communities on Alert

Across the border in Washington state, firefighters continued "mop-up operations" Sunday along containment lines surrounding three wildfires in the Spokane area. None of the fires were expanding, according to the team managing the response, offering some relief after more than a week of destructive fire activity.

Together, the fires have damaged or destroyed about 920 structures, leaving a significant recovery effort ahead for affected communities.

Earlier in the week, a man was arrested and charged with intentionally setting the largest of the three Spokane-area fires.

Residents of Malden, a small rural town about 35 miles south of Spokane, were urged Saturday to evacuate immediately as conditions worsened. By Sunday, however, officials had lowered the evacuation level, telling residents to remain prepared to leave quickly if conditions changed.

#BREAKING: Insane video shows devastating wildfires engulfing Spokane, Washington. pic.twitter.com/0M49raXjtO

— Insider Wire (@InsiderWire) August 3, 2026

"The wind is fairly calm. The fire is not progressing," said John Goyke, whose company operates Malden's water system under contract. "But we're using social media and Facebook to keep in contact with everyone."

Goyke, who also serves as mayor of nearby Rosalia, said Malden residents had been asked to conserve water so supplies would remain available for firefighting operations. Malden's fire department has also been trucking additional water in from Rosalia.

The renewed wildfire threat carries particular significance for Malden. In 2020, a wildfire destroyed much of the town, including its fire station, post office, city hall and library.

Two Pilots Killed in Utah Wildfire Helicopter Crash

Elsewhere in the West, the wildfire response turned deadly in Utah, where two helicopter pilots were killed when their aircraft crashed Friday morning while they were fighting a fire in Fishlake National Forest. Emergency crews were unable to reach the crash site until Saturday because of active fire conditions and the steep, rugged terrain. Officials confirmed the pilots' deaths after reaching the area.

Sevier County Sheriff Nathan Curtis said responders encountered both the burning wreckage and an advancing wildfire when they arrived.

"When we first got there we could see two different plumes of smoke, one from the crash site, one from an active fire coming towards us," Curtis said.

The National Transportation Safety Board is investigating the cause of the helicopter crash.

As firefighters across the U.S. and Canada continue working to contain the blazes, displaced residents face an uncertain return home and communities already scarred by previous wildfires are once again confronting the growing dangers posed by fast-moving fires.

Tyler Durden Mon, 08/10/2026 - 18:00
Tyler Durden

The New Censorship Isn't Coming From The Left - It's Coming From Everyone

Zero Rss
1 month 4 weeks ago
The New Censorship Isn't Coming From The Left - It's Coming From Everyone

Authored by George P. Brooks via American Thinker,

One of the great ironies of American politics is that every movement swears it's against censorship - right up until it has enough power to do some censoring of its own. It's almost adorable.

For years, conservatives rightly criticized Big Tech, universities, corporate America, and legacy media for suppressing dissenting viewpoints. We argued that free speech wasn't merely a constitutional protection; it was a moral principle. We insisted that bad ideas should be defeated in the marketplace of ideas rather than buried beneath bureaucratic decrees or algorithmic exile.

I agreed then. I still do. Which is why I'm beginning to ask a question that makes some people on my own side a little uncomfortable.

What happens when conservatives become just as tempted to use institutional power to silence people they don't like? As a Black conservative, I've learned that free speech is one of those principles everybody loves until somebody they can't stand starts talking. Then suddenly the Constitution comes with an asterisk.

Let's be honest. Every political tribe has its favorite form of censorship.

The Left often dresses it up in the language of safety, inclusion, misinformation, or protecting vulnerable communities. The Right is increasingly tempted to justify it in the language of patriotism, protecting children, combating ideological indoctrination, or preserving public morality. Different vocabulary. Same temptation.

Power has an uncanny ability to convince us that our restrictions are simply common sense while everyone else's are authoritarian. History suggests otherwise.

Free speech has never been tested by agreeable people saying agreeable things. It has always been tested by offensive people saying offensive things. Defending speech you already like requires no courage whatsoever. Defending speech you find irritating, misguided, or even insulting is where constitutional principles stop being bumper stickers and become convictions.

That's why I find myself increasingly skeptical whenever anyone begins a sentence with, "I'm all for free speech, but..." I've learned that whatever follows "but" usually involves someone deciding which opinions deserve oxygen and which should be quietly escorted out the back door.

The First Amendment doesn't ask whether an idea is popular. It doesn't ask whether it polls well. It certainly doesn't ask whether it might ruin someone's afternoon on social media.

It simply assumes that a free people are capable of hearing competing ideas without requiring the government - or increasingly, private institutions acting under political pressure - to function as national hall monitors.

Some readers will immediately object. "But George, some speech really is dangerous." Of course it can be.

Threats, criminal conspiracies, defamation, and direct incitement have long occupied well-established legal categories. That's not the debate. The debate is whether we have quietly expanded the definition of "harm" until it now includes disagreement itself.

Somewhere along the way, Americans stopped saying, "I think you're wrong." Instead, we started saying, "You shouldn't be allowed to say that." Those are radically different civilizations.

One believes truth emerges through debate. The other believes truth must be protected from debate.

As conservatives, we should be especially careful here. For decades, we were the ones demanding viewpoint diversity on college campuses. We objected when bureaucrats decided which speakers were acceptable. We criticized technology companies for selectively enforcing their rules. We warned that concentrated cultural power eventually becomes political power.

Were we making a timeless argument? Or were we merely complaining because we happened to be losing? That's the question history will eventually answer.

Winning elections should never cause us to abandon the principles that helped us win the argument in the first place.

One of the blessings - and frustrations - of being a Black conservative is that I don't fit comfortably inside anyone's political script. I've been called a sellout by people who think race should determine ideology. I've also occasionally been viewed with suspicion by people who assume conservatism requires intellectual conformity.

Both misunderstand what attracted me to conservatism. It wasn't tribalism. It was liberty.

Liberty means accepting that people will often say things that offend us. Liberty means resisting the seductive belief that if we could only silence enough bad opinions, society would finally become peaceful. It never works that way.

Every censorship regime begins by promising to target only the truly dangerous voices. Eventually the definition of "dangerous" expands to include inconvenient voices, unpopular voices, and finally independent voices. That's not a partisan observation. That's human nature.

Politics changes. Power changes hands. The precedents you create today will almost certainly be used by your opponents tomorrow. Conservatives above all people should understand that.

Social media has only accelerated the problem. Every controversy now comes with an online firing squad. We don't simply disagree anymore - we organize campaigns, demand apologies, contact employers, and measure victory by whether someone's life has been sufficiently detonated before dinner.

Apparently we've replaced "I disagree" with "unsubscribe from his existence." That's not justice. That's vengeance wearing business casual.

The Founders understood something we often forget. Freedom is messy. A republic is noisy. Open societies produce arguments, uncomfortable conversations, and occasionally spectacularly bad opinions.

The alternative isn't harmony. It's permission. Permission for whoever happens to hold power to decide which ideas deserve daylight. That bargain has never ended well.

Conservatives don't strengthen their case by becoming more efficient censors than progressives. We strengthen it by demonstrating that our commitment to liberty survives even when liberty protects people we profoundly disagree with.

Otherwise, we're not defending free speech. We're simply negotiating whose turn it is to do the censoring. And that's not conservatism. That's just tribalism with better branding.

Tyler Durden Mon, 08/10/2026 - 17:40
Tyler Durden

Dramatic Footage: Chinese Long March-7A Rocket Explodes Shortly After Liftoff

Zero Rss
1 month 4 weeks ago
Dramatic Footage: Chinese Long March-7A Rocket Explodes Shortly After Liftoff

In the intensifying race to dominate the next frontier, the space economy, China's gap with the US may have widened after one of Beijing's new-generation Long March rockets exploded shortly after launch earlier today. This is great news for America's commercial and national-security space ambitions.

The South China Morning Post reports that the 60-meter rocket, which launched from the Wenchang Space Launch Site on Hainan Island late Monday, erupted into a fireball less than 90 seconds into the flight.

SCMP noted:

Space observers suggested a major anomaly may have triggered the rocket's flight-termination system, destroying the vehicle. Both the rocket and satellite were lost over the South China Sea.

State news agency Xinhua confirmed the failure about three hours after the launch, saying the rocket had experienced an "anomaly during flight" and that the mission had failed. It said the cause was under investigation.

Here's the footage:

The Long March 7A suffered its second launch failure a few hours ago when it explosively concluded its mission from Wenchang, reportedly carrying ChinaSat-4B

Details -> https://t.co/Xo15oGQU1q pic.twitter.com/x0WAcXZz1J

— Phazzee 🐼🚀 | 中国航天 🇨🇳 | 🇵🇸🏳️‍⚧️🏳️‍🌈 (@PhazzeeYeehaw) August 10, 2026

Seems like not engine problem
Long March 7A https://t.co/skDmfhFKS7 pic.twitter.com/2gfjhJoCe0

— CNSPACE (@CNSpaceflight) August 10, 2026

China recently landed the first-stage booster of its Long March 10B rocket on a floating barge for the first time, a major milestone for Beijing. But SpaceX accomplished the same feat a decade ago, highlighting just how much catching up China still has to do.

SpaceX dominated global rocket launches during the first quarter, extending America's lead in the space economy while outperforming not only rival companies but also entire nation-states.

Read the report here.

Tyler Durden Mon, 08/10/2026 - 17:20
Tyler Durden

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

Zero Rss
1 month 4 weeks ago
FBI Working With DHS, ODNI On Election Integrity: FBI Director

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Zero Rss
1 month 4 weeks ago
Trump Shares Hillary Clinton Op-Ed Backing His Gaza Plan In Face Of Bibi Rejection

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

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

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

Anadolu/Getty Images

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Zero Rss
1 month 4 weeks ago
Democrats' Frankenstein Turns: Communist Ghost Dance Now Set To Devour The Party

Authored by James Howard Kunstler,

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

- Hasan Piker

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

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

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

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

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

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

Kotkin’s explanation of why socialism is attractive to the young and the intellectuals feels very accurate, especially what he says about the young in the first thirty seconds. https://t.co/JvuDLE2pwS

— Clifford Asness (@CliffordAsness) August 9, 2026

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

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

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

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

The dapper Hasan Piker, dressed for success

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

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

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

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

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

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

Wait for that!

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

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

Zero Rss
1 month 4 weeks ago
Oman Says Oil Spill From Grounded Tanker Near Coast Covers 400 Square km

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Zero Rss
1 month 4 weeks ago
$20 Million In Cocaine Found Beneath Floorboards Of Truck Trailer At California Border

By Phil Brink of FreightWaves,

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

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

Inspectors find drugs beneath trailer floor

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

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

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

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

Driver enters not-guilty plea

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

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

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

Why it matters

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

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

Horrifying Footage Shows Buildings Crumbling As Colombia Quake Death Toll Tops 111

Zero Rss
1 month 4 weeks ago
Horrifying Footage Shows Buildings Crumbling As Colombia Quake Death Toll Tops 111

Summary:

  • Today's Quake Rocks Colombia Just Six Weeks After Venezuela's Twin Quakes
  • Rubio Pledges US Support
  • Death Toll Jumps to 111; 87 Injured
  • Epicenter of Quake was in San José del Palmar, Near Capital Bogotá
Death Toll Jumps To 111; Rubio Pledges US Support 

AFP News, citing Colombian President Abelardo De La Espriella, reports that the death toll from the magnitude-7.4 earthquake that struck western Colombia earlier today has climbed to 111, with at least 87 people injured.

The casualty count remains preliminary and is likely to rise into late afternoon and evening as rescue teams begin search operations. 

U.S. Secretary Marco Rubio wrote on X:

The Trump Administration is closely monitoring the large earthquake that struck Colombia and stands ready to support the people of Colombia and President @ABDELAESPRIELLA's Administration. American citizens in Colombia should enroll at http://STEP.State.gov and follow @USEmbassyBogota's social media accounts for the latest information.

The Trump Administration is closely monitoring the large earthquake that struck Colombia and stands ready to support the people of Colombia and President @ABDELAESPRIELLA’s Administration. American citizens in Colombia should enroll at https://t.co/9QMdr4xs9S and follow…

— Secretary Marco Rubio (@SecRubio) August 10, 2026

Open-source imagery posted on platforms including X shows widespread destruction, including numerous collapsed buildings.

Latest footage:

I am asking Elon @elonmusk to please activate @Starlink in Colombia.

We don’t know how many people are dead as rescue efforts are ongoing.

I am also asking @POTUS to please send aid & support in this disaster.@SecRubio

🚨SOS Colombia Earthquake🚨 pic.twitter.com/9rVzaBYOrn

— Valentina Gomez (@ValentinaForUSA) August 10, 2026

Colombia earthquake DEATH TOLL CLIMBING BY THE MINUTE — now 70 KILLED — El País https://t.co/yo5hlm30qh pic.twitter.com/RgB2xUyH8J

— RT (@RT_com) August 10, 2026

🇨🇴 Balance del terremoto M7.4 en Colombia:

📍 Epicentro: San José del Palmar, Chocó (sismo a las 7:34 a.m.).

💔 82+ fallecidos.

✈️ Continúa la suspensión comercial en 7 aeropuertos del occidente (Pereira, Cali, Quibdó, Armenia, Manizales, Cartago y Buenaventura). Bogotá opera… pic.twitter.com/lz6zlTzbB9

— Alerta Mundial (@AlertaMundoNews) August 10, 2026 7.4 Mega Quake Rocks Colombia, Widespread Damage Reported

A little more than six weeks after twin earthquakes devastated neighboring Venezuela, killing thousands, a magnitude-7.4 earthquake struck western Colombia on Monday morning, damaging buildings and injuring people near the epicenter in Chocó province.

Bloomberg reported that the quake was recorded at 7:34 a.m. local time near San José del Palmar. Chocó Governor Nubia Córdoba reported major structural damage in the provincial capital of Quibdó.

Footage posted on X shows widespread damage:

🇨🇴 TERREMOTO EN COLOMBIA 🇨🇴

Daños enormes en Pereira y varias ciudades del país tras potente terremoto de magnitud 7,4.

🇨🇴 | COBERTURA ININTERRUMPIDA.
🇨🇴 | AHORA en @AlertaNews24. pic.twitter.com/PydNenQcVu

— Alerta News 24 (@AlertaNews24) August 10, 2026

🇨🇴 TERREMOTO EN COLOMBIA: Video muestra colapsos de edificios en Cali. pic.twitter.com/xTBPmS3ylz

— Alerta Mundial (@AlertaMundoNews) August 10, 2026

🇨🇴 ATENCIÓN: Fuerte sismo de magnitud preliminar 6,7 en Colombia. pic.twitter.com/RASSxEHnuG https://t.co/RASSxEHnuG

— Alerta Mundial (@AlertaMundoNews) August 10, 2026

More footage from Colombia following the 7.4-magnitude quake. https://t.co/bmH7EBdiCw pic.twitter.com/UqB3oHOQgc

— Polymarket Intel (@PolymarketIntel) August 10, 2026

#SISMO. Tras el fuerte temblor de magnitud 6.6 con epicentro en San José del Palmar, Chocó, sacudió a varias regiones de Colombia, dejando a Manizales como una de las ciudades más afectadas, donde la cúpula de la Catedral Basílica Metropolitana colapsó tras el movimiento telúrico pic.twitter.com/5XDOW76y55

— Colombia Oscura (@ColombiaOscura) August 10, 2026

🇨🇴 | URGENTE: Daños en el aeropuerto de Pereira en Colombia tras terremoto de magnitud 7,4 la mañana del lunes. https://t.co/Hn75eDQFiE

— Alerta News 24 (@AlertaNews24) August 10, 2026

Manizales, Colombia. Terremoto. pic.twitter.com/BzKcaWIHm1

— Jupac (@Jupacg) August 10, 2026

Pereira, Cali,Manizales , armenia y Chocó los lugares de mayor afectación por el terremoto en Colombia ( imágenes del aeropuerto de Pereira ) pic.twitter.com/z3soRkG2Bb

— Darcy Quinn (@darcyquinnr) August 10, 2026

The quake comes just days after Trump-backed Colombian President Abelardo De La Espriella took power and declared war on Marxist FARC dissidents (read report). 

*Developing...

Tyler Durden Mon, 08/10/2026 - 14:55
Tyler Durden

We Need More Tom Sellecks, Less Mark Ruffalos

Zero Rss
1 month 4 weeks ago
We Need More Tom Sellecks, Less Mark Ruffalos

Authored by Christian Toto via American Greatness,

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

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

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

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

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

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

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

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

Her film lost a reported $170 million for Disney.

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

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

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

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

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

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

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

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

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

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

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

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

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

Great And Unfortunate Fabrications

Zero Rss
1 month 4 weeks ago
Great And Unfortunate Fabrications

Authored by Roger Kimball via American Greatness,

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

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

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

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

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

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

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

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

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

Et very much cetera.

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

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

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

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

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

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

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

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

Zero Rss
1 month 4 weeks ago
Commercial Chapter 11 Bankruptcy Filings Decrease Annually, But...

Authored by Naveen Athrappully via The Epoch Times,

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Zero Rss
1 month 4 weeks ago
US SPR Falls Below 300 Million Operational Limit As Oil Drain Unexpectedly Surges To 6.1MM Barrels, Most In 2 Months

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

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

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

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

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

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

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

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

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

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

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

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

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

Zero Rss
1 month 4 weeks ago
Race To Reopen Hormuz Intensifies As Global Supply Chain Stress Remains At COVID Levels

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

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

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

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

Lafourcade adds more color here: 

Marginal relief for supply chains relative to the June peak 

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

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

Divergence across components is increasing

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

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

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

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

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

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

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

Zero Rss
1 month 4 weeks ago
Game Over? GameStop CEO May Pull $56 Billion eBay Bid

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

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

Here's the most contentious part of Ryan Cohen's CNBC Squawk Box interview about the GameStop-EBAY acquisition.

This is a HEATED back and forth, uncommon for financial news. $GME

Sorkin, at one point is in disbelief at RC's repetitive answering to his question. pic.twitter.com/MWAbYWStlp

— Reese Politics (@ReesePolitics) May 4, 2026

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

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

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

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

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

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

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

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

Zero Rss
1 month 4 weeks ago
If They Were Human, They'd Be Arrested. Experts Respond To Rogue AI Breaches

Authored by Jacob Burg via The Epoch Times,

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Relaxed Testing Environment

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

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

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

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

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

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

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

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

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

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

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

Models Pursued OpenAI’s Objectives

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

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

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

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

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

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

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

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

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

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

Model Wasn’t ‘Malicious’: Experts

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Implications for Cybersecurity

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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