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Tue, 03 Feb 2026 01:05:00 +0000 UAE Firm Bought 49% Of Trump-Linked Crypto Startup For $500M: WSJ
UAE Firm Bought 49% Of Trump-Linked Crypto Startup For $500M: WSJ
UAE Firm Bought 49% Of Trump-Linked Crypto Startup For $500M: WSJ
Authored by Amin Hagshanas via Cointelegraph ,
A UAE-backed investment vehicle quietly agreed to buy nearly half of World Liberty Financial, a cryptocurrency startup linked to President Donald Trump , just days before he returned to the White House, according to a report by The Wall Street Journal.
Aryam Investment 1, an Abu Dhabi entity backed by Sheikh Tahnoon bin Zayed Al Nahyan, signed a deal in January 2025 to purchase a 49% stake in World Liberty Financial for $500 million , the Journal said , citing documents and people familiar with the matter.
Half of that amount was paid upfront, sending $187 million to Trump family-controlled entities , with additional tens of millions flowing to entities tied to co-founders, including relatives of US Middle East envoy Steve Witkoff, per the report.
The agreement was reportedly signed by Eric Trump. The Journal reported that the deal had not been publicly disclosed, despite World Liberty later revealing that the Trump family’s stake had fallen sharply.
Tahnoon’s ambitions grow after Trump election
Tahnoon , the brother of the United Arab Emirates president and the country’s national security adviser, has been central to Abu Dhabi’s push to become a global leader in artificial intelligence. Under the Biden administration, his efforts to secure advanced US-made AI chips were limited amid concerns that sensitive technology could reach China, particularly through companies such as G42.
Following Trump’s election, those efforts gained momentum. Tahnoon met multiple times with Trump and senior US officials , and within months the administration committed to granting the UAE access to hundreds of thousands of advanced AI chips annually.
Anatomy of the deal. Source: WSJ
The Journal reported that executives from G42 helped manage Aryam Investment 1 and took board seats at World Liberty as part of the deal, making Aryam the startup’s largest outside shareholder. Weeks before the US-UAE chip framework was announced, another Tahnoon-led firm, MGX, used World Liberty’s stablecoin to complete a $2 billion investment into Binance.
World Liberty and the White House have reportedly denied any wrongdoing. Spokespeople told the Journal that President Trump was not involved in the deal and that it did not provide any influence over US policy.
World Liberty faces US probe calls
Last year, Democratic senators called on US authorities to investigate alleged links between World Liberty Financial’s token sales and sanctioned foreign actors. In a Nov. letter to the Justice Department and Treasury, Senators Elizabeth Warren and Jack Reed cited claims that WLFI governance tokens were bought by blockchain addresses tied to North Korea’s Lazarus Group, as well as Russian- and Iranian-linked entities.
The controversy is heightened by WLFI’s ownership structure, which gives Trump family-linked entities control over the majority of token revenue. Lawmakers argue this creates a direct conflict of interest, as most proceeds from token sales flow to the president’s family.
Tyler Durden
Mon, 02/02/2026 - 20:05 Close
Tue, 03 Feb 2026 00:40:00 +0000 California Plans "Mileage Tax" To Bleed Citizens For Even More Cash
California Plans "Mileage Tax" To Bleed Citizens For Even More Cash
Lawmakers in the California State Assembly have moved to direct the Transportation Commission to prepare a study on the Read more.....
California Plans "Mileage Tax" To Bleed Citizens For Even More Cash
Lawmakers in the California State Assembly have moved to direct the Transportation Commission to prepare a study on the effects of a road charge for delivery to the legislature. A road charge is a program that imposes fees based on the number of miles each citizen drives over a specified period, and is designed to offset gas tax losses from the wider use of electric cars on California roads.
In 2014, California passed Senate Bill 1077, authorizing a “Road Usage Charge Technical Advisory Committee” to explore whether the state could replace its gas tax with a mileage-driven tax. The project was based on the assumption that "cleaner vehicles" and a potential zero-emission future would lead to dwindling gas tax revenues.
The state has been running road charge pilot programs since 2016. Last year, a pilot project concluded where mileage rates were set at 2.5 cents per mile for light-duty vehicles, such as cars, and other vehicles weighing less than 10,000 pounds. The rate for heavy-duty vehicles is dependent on their weight.
Today, proponents complain that implementation is not going fast enough. The latest bill is being called an "extension" of the pilot project and not a move to pass the actual tax. Democrats assert that Republicans are interfering with the project and misrepresenting its intent. However, taxes based on climate ideology are often kept on the shelf by exploratory committees, waiting for politically opportune moments to pass them quickly with minimal public opposition or debate. The Democrats are simply biding their time.
VIDEO
It is not clear yet when the mileage tax will be made official or if it will replace the gas tax; it is far more likely that both taxes would ultimately exist in tandem. Republicans argue that the tax is unfair to residents of rural counties where driving distances are much greater and gas vehicles are common. The tax is useful, though, for climate "re-wilding": The globalist idea of forcing people to abandon rural areas and move into population centers so that large swaths of the nation can be "returned to nature."
California currently has the highest gas taxes in the country. Total state taxes and environmental fees frequently exceeding .90 cents per gallon, contributing significantly to the nation's highest pump prices ($4.30 per gallon compared to a national average of $2.87).
Over the past few years Governor Gavin Newsom and Democrats have sought to deflect blame for the state's exorbitant fuel costs by accusing oil companies of "price gouging" consumers; a claim which was ultimately proven false the government's own investigations. State interference has led to multiple refinery closures and the loss of numerous small business gas stations; prices are expected to rise even further.
The relentless (and baseless) hostility towards the oil industry in liberal states is forcing citizens into electric vehicles, but officials have no intention of letting the public escape taxation. The concept goes well beyond the old school idea of toll roads. A charge for mileage could require intrusive surveillance technology, including "black box" GPS devices in every vehicle to track miles driven. Or, yearly inspections of odometers with arduous paperwork and bureaucratic red tape.
If they can't tax the gas, they will tax residents simply for driving. Next comes a tax simply for breathing.
Tyler Durden
Mon, 02/02/2026 - 19:40 Close
Tue, 03 Feb 2026 00:15:00 +0000 Border Czar Homan Says More Than 145,000 Illegal Immigrant Children Located
Border Czar Homan Says More Than 145,000 Illegal Immigrant Children Located
Border Czar Homan Says More Than 145,000 Illegal Immigrant Children Located
Authored by Aldgra Fredly via The Epoch Times,
U.S. authorities have located more than 145,000 illegal immigrant children who were previously unaccounted for under the Biden administration, border czar Tom Homan said on Jan. 30.
Homan said the findings came as Immigration and Customs Enforcement (ICE), the FBI, and the Health and Human Services Department’s Office of Refugee Resettlement continue efforts to locate “more than 300,000 unaccompanied alien children” whom he said had been “turned over to unvetted sponsors, lost track of, and weren’t looking forward” under the Biden administration.
“Through their outstanding efforts, they have so far been able to locate more than 145,000,” the border czar said on X. Homan did not provide details on the status or condition of the children.
“President [Donald] Trump promised that we would find these children, and under his strong leadership and with his unwavering support, the patriots at these, and other partner, agencies have been—and will continue to do—just that,” he added.
The investigation followed an August 2024 report by the Department of Homeland Security’s (DHS) Office of Inspector General, which showed that more than 323,000 illegal immigrant children were unaccounted for in the United States.
Of those, more than 291,000 unaccompanied migrant children had not been served court notices by ICE as of May 2024, while another 32,000 were served notices to appear in court but failed to do so, according to the report.
The Trump administration has launched efforts to find and track these children after taking office in January last year. In December, federal agencies located more than 129,143 illegal immigrant children, according to DHS Secretary Kristi Noem.
“Too many of these children were exploited, trafficked, and abused. We will continue to ramp up efforts and will not stop until every last child is found,” Noem said on Dec. 19, 2025.
DHS said last November that ICE launched an initiative with state and local law enforcement to conduct welfare checks on 450,000 illegal immigrant children who were placed with unvetted sponsors under the Biden administration. The initiative aims to ensure children’s safety and protect them from exploitation, the agency said.
DHS assistant secretary Tricia McLaughlin said the Trump administration has located more than 24,400 of those children through visits and door-to-door checks.
“Many of the children who came across the border unaccompanied were allowed to be placed with sponsors who were smugglers and sex traffickers,” McLaughlin said in a November 2025 statement.
“We’ve jump-started our efforts to rescue children who were victims of sex and labor trafficking by working with our state and local law enforcement partners to locate these children.”
“President Trump and Secretary Noem are laser-focused on protecting children and will continue to work with federal, state, and local law enforcement to reunite children with their families,” she added.
Tyler Durden
Mon, 02/02/2026 - 19:15 Close
Mon, 02 Feb 2026 23:50:00 +0000 The Arrest Of Don Lemon: Journalists Cannot Also Be Activists
The Arrest Of Don Lemon: Journalists Cannot Also Be Activists
The line between journalism and activism has become excessively thin in the past ten years, and the problems associated with this trend are numerous. Media figures have
Read more.....
The Arrest Of Don Lemon: Journalists Cannot Also Be Activists
The line between journalism and activism has become excessively thin in the past ten years, and the problems associated with this trend are numerous. Media figures have long leaned toward the liberal side of the political spectrum; liberal bias among journalists is nothing new. However, direct participation in an activist insurgency to help it or lead it or propagandize in favor of it crosses into the realm of criminality.
Just because someone declares they are a "journalist" does not mean they're protected from consequences if they commit a crime. Furthermore, the political left seems to believe that the 1st Amendment gives them the right to disrupt the free speech of others as long as they are protesting: This is a dangerous fallacy.
It's not clear yet if disgraced media pundit Don Lemon broke the law. Criminal guilt is for the courts to decide. He does appear to join with a horde of Anti-ICE protesters that invaded a Minneapolis church service with the plan to intimidate and antagonize Christian worshipers into declaring their opposition to deportation (A communist struggle session in the form of an ambush). There is more than enough evidence to warrant Lemon's arrest and prosecution for civil rights violations, and a lot of it he filmed himself.
Lemon is not acting like an impartial journalist covering the event, he is acting like a participant in the operation while using journalism as a cover.
Deputy Attorney General Todd Blanche alleged Sunday that journalist Don Lemon was included in the planning of a protest at a Minnesota church, days after the former CNN anchor was arrested and charged with conspiracy and interfering with a place of worship.
Citing an unsealed grand jury indictment, Blanche told host Dana Bash on CNN’s “State of the Union” that Lemon is accused of being “part of the planning” of the protest and was “part of the decisions to make sure the police didn’t know this was happening and federal law enforcement didn’t know this was happening.”
Lemon, along with several activists, has been charged with violating the FACE Act, a federal law prohibiting the use of force, threat of force, or physical obstruction to intimidate or interfere with persons accessing reproductive health clinics (including abortion clinics) or places of religious worship. Obviously, the law was not originally intended to protect Christians, which makes Lemon's arrest all the more ironic.
Lemon would go on to compare the church goers in Minneapolis to "White Supremacists" and accuse them of "entitlement". In other words, he believes that the incident is justified because the church was largely white.
The "journalist", basking in the glow of his newfound limelight, says he will never stop fighting and asserts that he only became the "face of the protest" because he is a "gay black man in America." Liberals and some conservatives argue that the arrest is a political mistake and that it makes the Trump Administration look authoritarian, however, they're looking at the situation with narrow vision.
The real question is, when does a journalist stop being a journalist? Don Lemon was not arrested for journalism and exercising free speech. He was arrested for allegedly violating the free speech of others. The "optics" of the situation are irrelevant and Don Lemon being a media personality is irrelevant. He should not be allowed to escape prosecution simply because the political left will inevitably spin the narrative.
Tyler Durden
Mon, 02/02/2026 - 18:50 Close
Mon, 02 Feb 2026 23:25:00 +0000 Have Fiat Money, Will Tyrannize
Have Fiat Money, Will Tyrannize
Have Fiat Money, Will Tyrannize
Authored by George Ford Smith via The Mises Institute,
“My fellow Americans, ask not what your country can do for you. Ask instead what your country has been doing to you and is likely to keep doing to you for as long as it can buy with fiat money the votes of a majority.”
- Gary North, “History Revisionism - High Priests of Woodrow Wilson’s Covenant ”
Gary North’s article focuses mostly on Woodrow Wilson’s influence on the inaugural addresses of Eisenhower and Kennedy and their meaning in the world of 2008. As he observed, we have had “one long war since 1917,” with Fed fiat money playing an indispensable supporting role.
Everything the government does costs money, and it produces nothing with which to acquire it. For 2025 , it coerced a total of $5.4 trillion from taxpayers and dollar-holders but ended up spending $7 trillion, producing a “rolling” deficit of $1.7 trillion. The biggest fights have always been over whose ox gets gored to fund it. Almost no one wonders whether government as it stands should exist at all .
When Wilson decided to impose democracy on the world, he had the backing of two newly-created theft mechanisms that he signed into law in 1913: The income tax and the central bank. The first extracts wealth directly from those who own it; the second takes it surreptitiously , which, as Copernicus wrote in 1526 ,
…is noticed by only a few very thoughtful people, since it does not operate all at once and at a single blow, but gradually overthrows governments, and in a hidden, insidious way.
Knowingly or not, Keynes, in 1919, expressed a similar thought with his famous “one man in a million” declaration :
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.
Americans like to think of themselves as sharp, incapable of being hoodwinked.
If they get scammed a second time they blame themselves for not seeing it—“Fool me twice, shame on me.”
But most of them have missed the biggest scam of all: The Federal Reserve System.
Of the various reasons for missing it, the biggest one is the conviction that market economies are vulnerable to harmful forces that only the state and its central bank can avoid. Experts on the Great Depression such as former Fed Chair Ben Bernanke build their arguments on the grounds that markets sometimes violate the fundamental law of trade—production buys production (sometimes known as Say’s Law )—and need supervision and intervention to avoid this problem.
When the roof began to fall in August 1929, they were at a loss as to which intervention to pursue. They could’ve referred to the Depression of 1921 for guidance when the government watched as the Fed tightened then eased. As one economist explained , “During this period, there was nothing remotely like a fiscal stimulus package, a TARP program, or even a QE policy designed to prevent economic collapse.” Deflation—seen as the villain in the 1930s Depression—cured the earlier slump because prices had been inflated.
Most people who study economics at state-funded universities treat the Fed as a necessary institution, not a scam. Their acquired expertise will include the view that the Fed’s Federal Open Market Committee (FOMC) has undertaken the formidable task of determining interest rates that best promotes full employment and low inflation. The Fed has a superhuman challenge and if it sometimes fails to please everyone, who could do better?
But it goes deeper. According to a FAQ section posted by the Kansas City Fed , “The Fed has long viewed transparency as a fundamental principle of central banking that supports accountability.” If Fed operations are transparent, most people are blind. The Fed’s operations are largely a mystery to most people . And this is to its advantage.
How the Fed Conducts Its Mission
It is commonly said the Fed prints money when it targets a lower Federal Funds Rate. While this is true, it shrouds all the plumbing that makes it happen.
The Federal Funds Rate is “the interest commercial banks charge when they lend money to one another for extremely short-term periods—literally, overnight.” It influences other rates such as rates for mortgages, loans, credit cards, and savings.
The FOMC meets at least eight times a year to decide what to do about the current Federal Funds Rate. Their discussions are augmented by the Beige Book report of conditions in the 12 Reserve districts. Lowering the rate means the Fed will print more money (in its convoluted manner) to get the consumer price increases it wants. If it decides that prices are running too high, it will pull money out of the economy by selling some of its securities. This is how it attempts to lower or raise the Federal Funds Rate.
Influencing the Federal Funds Rate is “the interest the Fed pays on the funds that banks hold as reserve balances at their Federal Reserve Bank, which is the Interest on Reserves Balances (IORB) rate.” If banks make more keeping their reserves than lending them to other banks, the reason is likely a high IORB. Both the Federal Funds Rate and the IORB rate are considered important tools for manipulating market prices.
Actual market prices sometimes defy Fed intentions to raise them, as seen by the Moore’s Law effects on computer technology. Fortunately for consumers, innovation can outpace monetary debasement in specific sectors.
The Arsonist is Seen as a Firefighter
The Fed sets as a target a 2 percent inflation rate. It defines inflation as “the rate at which the price of goods and services increases over time.” In other words, its job is to increase prices. Price increases, not the Fed actions that increase them, are the measure of inflation. And while many judge the results by the Consumer Price Index (CPI), the Fed relies on the Personal Consumption Index (PCI), presumably because it covers more consumer spending than the CPI.
Please note, the Fed is not perceiving inflation and reacting to it. It is instead pursuing inflation as a goal, as stated in its mandate . Quoting Chairman Powell :
In conducting monetary policy, we will remain highly focused on fostering as strong a labor market as possible for the benefit of all Americans. And we will steadfastly seek to achieve a 2 percent inflation rate over time.
It is pursuing, in other words, a steady 2 percent depreciation in the purchasing power of the dollar. The Fed has been exceptional in this regard: Since my daughters were born in 1982, consumer prices have risen roughly 235 percent . Its policy bias pushes people to spend rather than save, even if it means they go into debt. Savers get punished, as do people living on fixed incomes. Since savings are the pool from which investment draws, entrepreneurs are punished too. Yet investment is the springboard of rising productivity and higher living standards. It sounds like a predatory computer game but it’s Fed policy.
Inflation provides the wealth transfer. The interest-rate juggling is how it’s accomplished.
Changing Definition
As discussed in On the Origin and Evolution of the Word “Inflation” by Michael F. Bryan, published by the Cleveland Fed, inflation once had an entirely different meaning:
What was once a word that described a monetary cause now describes a price outcome. This shift in meaning has complicated the position of anti-inflation advocates. As a condition of the money stock, an inflating currency has but one origin—the central bank—and one solution—a less expansive money growth rate. But as a condition of the price level, which may have originated from a variety of things (including a depreciating dollar, rising labor costs, bad weather, or a number of factors other than “too much money”), the solution to—and the prudence of— eliminating inflation is much less clear.
Confusion accelerated after the publication of Keynes’s General Theory in 1936:
In addition to separating the price level from the money stock, the Keynesian revolution in economics appears to have separated the word inflation from a condition of money and redefined it as a description of prices. In this way, inflation became synonymous with any price increase.
The Fed thus escapes the public’s scrutiny when prices rise.
Conclusion
If the modern global fiat regime began in 1971 with the Nixon Shock and the stagflation of the 1970s , it deserves applause: it was not an instant disaster.
Fiat money is a politician’s best friend because it creates an invisible tax through the institutionalized depreciation of currency. We shouldn’t expect them to part with it—especially as their perpetual interest in war demands ever greater funding.
Tyler Durden
Mon, 02/02/2026 - 18:25 Close
Mon, 02 Feb 2026 23:00:00 +0000 "All In" On AI: Deutsche Bank Says Tesla No Longer Just A Car Company
"All In" On AI: Deutsche Bank Says Tesla No Longer Just A Car Company
Deutsche Bank’s latest note argues that Tesla Inc. is no longer mainly a car company, but a long-term bet on artificial intelligence, robotics, and autonomy. In t
Read more.....
"All In" On AI: Deutsche Bank Says Tesla No Longer Just A Car Company
Deutsche Bank’s latest note argues that Tesla Inc. is no longer mainly a car company, but a long-term bet on artificial intelligence, robotics, and autonomy. In the report, Edison Yu and his team of analysts at Deutsche say that after Tesla’s latest earnings, any doubt about its direction is gone, describing the company as now “all in on Physical AI.”
The clearest sign of that shift is spending. Tesla plans to more than double capital expenditures, potentially topping $20 billion, with most of the money going toward AI training systems, data centers, custom chips, robotics factories, and new platforms. The analysts estimate that billions will be poured into computing alone, as Tesla builds the infrastructure needed to train self-driving and robot systems at scale. Management, they note, is aiming to “structurally disrupt labor intensive services” through vertical integration.
Autonomy and robotics now sit at the center of Deutsche’s long-term outlook. The firm highlights Tesla’s 1.1 million Full Self-Driving subscribers and sees FSD eventually generating up to $10 billion in annual revenue. It also expects the robotaxi network to grow to hundreds of thousands of vehicles by the end of the decade, producing more than $15 billion a year.
On Optimus, Tesla’s humanoid robot, the analysts are optimistic but realistic, warning that complex engineering, new supply chains, and slow early production will limit volumes in the near term.
Despite its bullish view on AI, Deutsche slightly trimmed its numbers. It cut earnings and revenue forecasts and lowered its price target from $500 to $480, while keeping a Buy rating. The reduction reflects more conservative assumptions on vehicle sales and slower model rollouts, along with a revised valuation that separates FSD, robotaxis, and robotics into distinct businesses.
Most of Tesla’s long-term value, in their model, now comes from software, autonomy, and robots rather than car sales.
The note also flags risks, including weaker EV demand, intense competition, high execution hurdles in AI and robotics, regulatory scrutiny, and Tesla’s dependence on Elon Musk. Still, Deutsche argues that Tesla’s scale, data advantage, and vertical integration give it a strong chance to win if its strategy works.
Overall, the report frames Tesla as a company in the middle of a major transformation. Short-term forecasts have been trimmed, but Deutsche believes the real story is Tesla’s push to become a leader in AI-powered mobility and automation, with the potential to reshape multiple industries over the next decade.
Tyler Durden
Mon, 02/02/2026 - 18:00 Close
Mon, 02 Feb 2026 22:40:00 +0000 The Circular Firing Squad: Staffers At CNN And CBS Denounce Efforts To Restore Balance
The Circular Firing Squad: Staffers At CNN And CBS Denounce Efforts To Restore Balance
The Circular Firing Squad: Staffers At CNN And CBS Denounce Efforts To Restore Balance
Authored by Jonathan Turley,
The decline of American mainstream media has long been obvious, with public trust and revenues plunging. Some companies are responding with the novel idea of restoring objectivity and neutrality to coverage. For years, news organizations have essentially written off half of the country.
However, as news organizations struggle to avoid even greater layoffs, staffers are fighting efforts to bring balance to their networks. That was evident last week in meetings at CNN and CBS where staffers continue to fight to retain their bias rather than their jobs.
CNN has long aired controversial hosts and guests who engaged in controversial statements on race and politics from the left. However, a meeting last week focused on the airing of one of the few conservatives who regularly appear on the network. As one staff member reportedly raised, there was outrage that Jennings is “allowed to exist” on the network. Even as CNN continues to languish in ratings, staffers want to fire one of the few remaining conservative voices on the network.
One of the key issues raised in the meeting was Jennings referring to “illegal aliens.” While CNN bars the term, it is used in federal law and federal cases, including by the United States Supreme Court.
In one exchange on Jan. 19, Jennings trades barbs with fellow panelist Cameron Kasky, a survivor of the 2018 Parkland school shooting. Kasky criticized Jennings for saying that ICE should be allowed to “chase down illegals” in Minnesota.
Jennings pushed back: “Who are you to tell me what I can and can’t say? I’ve never met you, brother. I can say whatever I want. They’re illegal aliens. And that’s what the law calls them. Illegal aliens. That’s what I’m going to call them.”
Staff members reportedly denounced him as a “MAGA mouthpiece” and a “firebrand Trump loyalist” who “frequently gets into verbal spats with other CNN guests.”
It is a curious objection since these panels are supposed to be lively contrasts between guests.
The meeting is reminiscent of the effort at the Washington Post to get staffers to recognize the company’s declining position.
Robert Lewis, a British media executive who joined the Post earlier this year, reportedly got into a “heated exchange” with a staffer. Lewis explained that, while reporters were protesting measures to expand readership, the very survival of the paper was now at stake:
“We are going to turn this thing around, but let’s not sugarcoat it. It needs turning around. We are losing large amounts of money. Your audience has halved in recent years. People are not reading your stuff. Right. I can’t sugarcoat it anymore.”
The response from staffers was to call for the new editors to be fired.
One staffer complained, “We now have four White men running three newsrooms.”
The Post has been buying out staff to avoid mass layoffs, but reporters were up in arms over the effort to turn the newspaper around.
The same dynamic is playing out at CBS, where Bari Weiss was brought in to turn around the network.
Weiss has been the subject of anonymous attacks since the company brought her in to reverse the decline in ratings. Like Lewis, Weiss tried to explain that the staff is “not producing a product that enough people want” and that something has to change.
According to reports, Weiss was direct and candid with the staff. She stated:
“I need to start by acknowledging that there’s been a lot of noise around me taking this job. … I get it. I also get why, in the face of all this tumult, you might feel uncertain or skeptical about me or what I’m aiming to do here. I’m not going to stand up here today and ask you for your trust. I’m going to earn it, just like we have to do with our viewers.”
However, she was also clear that returning to past practices is not one of the options:
“So, here it is as plain as I can say it: I am here to make CBS News fit for purpose in the 21st century. Our industry has changed more in the last decade than in the last 150 years and the transformation isn’t over yet. Far from it. It’s almost impossible to conceive of how fast things will move from here…Back then, 30 million people watched Walter Cronkite every night. Some were on the left, some were on the right. But they trusted him. Through Cronkite, they inhabited a shared world with shared facts and a shared sense of reality. We can’t reverse time’s arrow. He had two competitors. We have two billion, give or take.”
She then made the same point as Lewis with a brutally honest and brilliantly blunt assessment:
“What we can do is what journalists do best: look at the world as it actually is. We have to start by looking honestly at ourselves. We are not producing a product that enough people want.”
Bravo.
Weiss concluded with this powerful line:
“I realize that none of these ideas are revolutionary on their own. What’s different now is that the stakes are so very high. And the hour is late. And we are in a position, with the support of all of the leadership of this company, to really make the change we need.”
Any rational person would hear these words and understand that Weiss is struggling to protect these staffers from themselves; struggling to keep their jobs. Instead, the response has been glacial from journalists, who believe they should be able to continue covering stories for one another and for an ever-shrinking audience on the left.
The fact is that we need CNN and CBS. The Framers understood the importance of an independent press. These companies helped revolutionize media and could be restored if the staff stopped obstructing reform efforts.
Instead, staff members continue to furiously saw at the branch upon which they sit.
Tyler Durden
Mon, 02/02/2026 - 17:40 Close
Mon, 02 Feb 2026 22:20:00 +0000 Clinton Judge Goes On Unhinged Rant In Order Releasing Illegals
Clinton Judge Goes On Unhinged Rant In Order Releasing Illegals
In a country now run by activist judges who get to decide the 'will of the people,' a Clinton-appointed US District Judge has just written quite the screed.
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Clinton Judge Goes On Unhinged Rant In Order Releasing Illegals
In a country now run by activist judges who get to decide the 'will of the people,' a Clinton-appointed US District Judge has just written quite the screed.
Adrian Alexander Conejo Arias, the father of Liam Ramos, left, is being detained with his son in Texas after being arrested by federal immigration authorities. (Obtained by Columbia Heights Public Schools; Department of Homeland Security) via Fox News
In a three-page ruling ordering the immediate release of a 5-year-old and his father from an immigration detention facility because it's mean to detain illegals, U.S. District Judge Fred Biery, 78, went on a complete unhinged rant against the Trump administration.
U.S. District Judge Fred Biery
A few examples:
"Observing human behavior confirms that for some among us, the perfidious lust for unbridled power and the imposition of cruelty in its quest know no bounds and are bereft of human decency. And the rule of law be damned. "
"The case has its genesis in the ill-conceived and incompetently-implemented government pursuit of daily deportation quotas , apparently even if it requires traumatizing children."
"Apparent also is the government's ignorance of an American historical document called the Declaration of Independence . Thirty-three-year-old Thomas Jefferson enumerated grievances against a would-be authoritarian king over our nascent nation."
Biery also compared the Trump administration to King George III - quoting grievances from the Declaration of Independence, and accused the government of needing a "civics lesson" on the Fourth Amendment.
In addition to ending the ruling with a bible quote , the elderly judge also dated the ruling on Feb. 31, 2026, an impossible date.
The verses referenced Matthew 19:14 and John 11:35. The first contains Jesus’s words about letting children come to him. The second simply states "Jesus wept."
The case at hand: according to DHS Assistant Secretary Tricia McLaughlin, "the facts in this case have NOT changed," adding that claims the agents used the child as "bait" were an "abject lie."
According to McLaughlin, the father "fled on foot, abandoning his child," when ICE agents approached on Jan. 20 in Minnesota, the Daily Caller reports.
"On January 20, ICE conducted a targeted operation to arrest Adrian Alexander Conejo Arias, an illegal alien from Ecuador who was released into the U.S. by the Biden administration. As agents approached, Adrian Alexander Conejo Arias fled on foot - abandoning his child, " said McLaughlin.
Deputy AG Todd Blanche told ABC 's "This Week" on Sunday that the administration may appeal the ruling, saying "Generally speaking, we are complying with the law every single day."
We're guessing Judge Biery was silent when his boy Obama built the cages and deported millions more than Trump.
Tyler Durden
Mon, 02/02/2026 - 17:20 Close
Mon, 02 Feb 2026 22:00:00 +0000 Bezos' Blue Origin Pauses Space Tourism To Focus On The Moon
Bezos' Blue Origin Pauses Space Tourism To Focus On The Moon
Bezos' Blue Origin Pauses Space Tourism To Focus On The Moon
Authored by T.J.Muscaro via The Epoch Times,
Blue Origin decided to shift its focus from the edge of space to the Moon.
The company announced on Jan. 30 that it was pausing all of its suborbital commercial flights on its reusable New Shepard rocket for no less than two years in order to focus more resources on delivering a crewed lunar lander to NASA in time to meet Congress’s set deadline to establish a permanent human presence on or around the moon by 2030.
“The decision reflects Blue Origin’s commitment to the nation’s goal of returning to the Moon and establishing a permanent, sustained lunar presence,” the company said in a statement.
January saw Blue Origin achieve successes on both fronts. Its Blue Moon MK-1 lander Endurance was shipped from its assembly facility at Cape Canaveral to Johnson Space Center in Houston on Jan. 20 to undergo critical testing.
“Named for Ernest Shackleton’s legendary ship that journeyed to Earth’s South Pole, MK1 honors resilience under pressure,” Blue Origin said on X. ”That same spirit of perseverance guides our mission to the lunar South Pole.”
The MK-1 lander is the first phase of Blue Origin’s plan. Designed as an unmanned cargo transport, the company explained on its website that this first one will be used for what it called the “Pathfinder Mission.”
That will be a demonstration mission that proves out the critical systems of both the lander and the New Glenn rocket that will carry it. Along with propulsion, communications, and avionics, this mission must also demonstrate a precision landing within 100 meters of a chosen site. This was intended to occur before NASA’s uncrewed Human Landing System mission for the Artemis Program.
In its full form, the MK-1 will enter commercial service as a lunar cargo lander designed to remain on the lunar surface and provide affordable, safe, and reliable access to the Moon.
Rendering of Blue Origin’s Blue Moon MK-1 Lander on the lunar surface. Blue Origin
MK-2 will be a crewed landing craft built and operated in accordance with NASA standards.
NASA previously had an agreement with Elon Musk’s SpaceX to provide the lunar lander that would return humans to the surface for the first time since 1972 during the Artemis III mission. However, acting NASA administrator Sean Duffy reopened the mission to competition.
“We are in a race against China, so we need the best companies to operate at a speed that gets us to the Moon FIRST,” Duffy said on X.
“SpaceX has the contract to build the [Human Landing System], which will get U.S. astronauts there on Artemis III. But, competition and innovation are the keys to our dominance in space so @NASA is opening up HLS production to Blue Origin and other great American companies.”
NASA’s new full-time administrator, Jared Isaacman, agreed with his predecessor’s decision and visited Blue Origin’s facilities on Jan. 15.
Meanwhile, the 38th New Shepard mission was successfully completed on Jan. 22, carrying another six humans on an autonomous ride from a launch site in West Texas to above the Karman Line—the internationally-recognized boundary of outer space—and back.
The operation has carried more than 90 individuals and more than 200 scientific and research payloads over those commercial ventures, including the first all-female multi-person crew to fly to space.
The company noted in its press release that it has built a multi-year customer backlog, which it attributes to the rocket’s consistent, reliable performance and customer experience.
“We’re focused on continuing to deliver transformational experiences for our customers through the proven capability and reliability of New Shepard,” New Shepard senior vice president Phil Joyce said after the latest mission.
Tyler Durden
Mon, 02/02/2026 - 17:00 Close
Mon, 02 Feb 2026 21:20:00 +0000 "F**k ICE!": Awards Season Exposes 'Spoiled, Entitled, Reality-Denying Tyrants'
"F**k ICE!": Awards Season Exposes 'Spoiled, Entitled, Reality-Denying Tyrants'
"F**k ICE!": Awards Season Exposes 'Spoiled, Entitled, Reality-Denying Tyrants'
Authored by James Howard Kunstler,
The political grandstanding started way back in 1973 when the irascible Marlon Brando stayed home from the Academy Awards but sent an Apache princess, one Sacheen Littlefeather, to the podium to decline his award (Best Actor for The Godfather ) on account of the 71-day standoff at the Pine Ridge Indian Reservation in South Dakota between federal agents and Oglala Lakota activists who had seized the little town of Wounded Knee.
After that, political “statements” at awards ceremonies of all kinds became modish, then obligatory, and now in the age of Lefty-left Woke Jacobin activism, all you get is one denunciation after another of the monster who lives in their heads: ChrumpChrumpChrump. Cue the audience of fellow “stars” for the also obligatory standing-O, which is really a test to see if any among them dare not join in the hosannahs — so they can be anathemized.
You are seeing sheer ritual performance by performers, the highest perq of stardom being the approbation of their peers, fellow performers — nevermind the lowly gorks out in Flyover Land who “consume” the products of pop culture. This is cliché narcissism-on-parade, of course, and is now so completely institutionalized in the pop culture industries that seemingly all actors, musicians, dancers, mimes, comics, and literary figures must act-out an activist fantasy or face the pretty extreme punishment of being run out of their business.
It’s all fake and pathetic, and the more they do it, the more their various culture industries suffer — to the point now that feature production in Hollywood was down over 16-percent in 2025. It’s dying in a self-reinforcing doom-loop. The reason is no secret, but it is dangerous to speak of it: the management of our “sense-making” institutions — movies being an important one — has been taken over by women (and womanish men) acting out Cluster-B psychodrama fantasies obsessively attacking “the patriarchy” — by which they mean (but cannot say) civilization itself, the thing sedulously built by men.
The latest wrinkle in this tragic saga is the psychodrama over ICE, the men tasked with finding and deporting people who came into the country illegally. The Cluster-B women mis-direct their nurturing instincts to rescue this politically-designated “oppressed minority,” overlooking the fact that not a few of these illegal aliens turn out to be murderous psychopaths. Conveniently, too, the illegal aliens also happen to be a very useful device for the Democratic Party to pad the census and provide illicit votes, all to keep the party in power and sustain its rackets.
President Trump completes the doom-loop circle because he is the mythic figure who prompts all the anxiety behind the “mass formation” phenomenon we are witnessing. Mr. Trump is patriarchy-in-action, so he must be destroyed by the goddess-heroines of show business. The goddess-heroines seem to believe they are ushering-in a Utopia of Nurture in which no oppressed minority will be left behind. That fantasy happens to intersect with the leveling fantasies of Karl Marx and his apostles, the mentors of the obscenely-rich denizens of Hollywood so eager to abolish obscene riches. So, you see how either stupid, or mentally-ill, or both, the people in show business can be.
Last night’s awards extravaganza was the Grammys, for music.
The anti-ICE ritual flared in full effulgence with Song of the Year winner Billie Eilish - costumed not to look as a woman but rather like a piece of luggage - bathed in applause for heroically muttering, “Fuck ICE,” after picking up her little golden gramophone statuette . Perfect.
VIDEO
Few musicians can make a dime anymore, and a very few of those few make billions while the rest starve. The record album was the supreme art-form of my generation, and it is long gone. Record labels don’t continue to exist when there are no records. Musical acts don’t get contracts and don’t get paid. Nobody listens to FM radio anymore and so nobody is introduced to new musical talent. Live music on the small club scale is dying because the drinks cost too much. Does anyone still have a quaint old home stereo, a gigantic wall-of-sound, with four-foot-high speakers? All I’ve got is a seven-inch Bluetooth speaker.
The lively arts are dying and the remaining lively artists are assisting with the suicide.
Not far in the future, the motion picture might be a dead letter. Technology marches on.
Immersion in human experience depicted on a silver screen, using the techniques of dramaturgy, will be supplanted, we’re told, by video games that put you immersively into “a world” where a story is spinning that you can now act-out a role in.
You might see how that would entice an awful lot of people to check-out of reality altogether — and if that happens, you might well ask: who is left to run civilization ?
The answer you get will be: artificial intelligence, AI. Oh, great.
But then, is it running civilization for all those pathetic people losing themselves in immersive video games? Or just for AI itself? And where does that take the human race?
Personally, I don’t expect it to work out that way. If I were disposed to investing money in the entertainment business, I’d build a theater for puppet shows.
That’s the level our civilization-destroying antics are taking us to, with the Democratic Party leading the way.
Tyler Durden
Mon, 02/02/2026 - 16:20 Close