Mechanisms of reform are gone. We can only obstruct or surrender. These are the only choices left.
Chris Hedges 2026
Portugal, New Hampshire, Utah, Illinois
All the reports from the Platner rally, plus the videos circulating, show a raucous crowd and multiple standing ovations. The NYT calls it “relatively sedate.”
If you get your news from the Times, stop being stunned when events don’t turn out the way you think they will.
John Kiriakou tells Theo Von how the IDF murdered an American journalist by shooting her in the face in the West Bank.
The IDF then turned up at her funeral which was held at a local hospital to disrupt the service and further terrorise the attendees, and even random patients, who were attacked with batons and stun grenades.
Just a friendly reminder that there is a “fixer” in Lebanon who scams foreign correspondents into paying him money to set up interviews with fake Hezbollah commanders and fighters.
Most journalists see right through this. The ones who don’t end up producing “exclusives” with very obviously fake Hezbollah soldiers.
We all laugh at it.
Hezbollah officials are not impossible to interview.
They have a media office for exactly that purpose, for setting up interviews. Major media outlets have interviewed them, I have interviewed them.
But fighters and commanders are almost impossible because they take their security very seriously, as any military organization during a war would be expected to.
So, be very skeptical of the “exclusives” with those masked fighters who dish all of Hezbollah’s plans to western correspondents who parachute in 😂
RO KHANNA: “Let me be clear, Netanyahu is the one that actually told members of congress to add section 224 (merging the U.S. and Israeli militaries) into the bill.”
Khanna says the quiet part out loud. Our elected officials are subservient to a foreign nation. We are Occupied.
One of the main problems Americans face as the Empire declines is that we are ruled by grifters and idiots. When the British Empire fell, it slowly disengaged with its more imperialist impulses. The American Empire, on the other hand, has both of its political parties ramping up the nation's militarism, and as a result is inflicting massive suffering on the global populace as it falls.
The Tank Man image is so powerful that most people believe tanks crushed protesters at Tiananmen.
They didn't. The tanks stopped for Tank Man. He lived.
The Israeli bulldozer did not stop for Rachel Corrie.
She was 23.
She was American.
She was wearing an orange vest.
She died on March 16, 2003.
Marco has never posted about March 16.
The Breakthrough News Instagram account was deactivated this afternoon with zero explanation.
We have over half a million followers.
Was this a mistake or censorship of an independent progressive media outlet?
Please tell @Meta@instagram to reinstate our account ASAP
@BTnewsroom
Realising Apple went public at under $2 billion and 15 times revenue in 1980.
SpaceX wants you to buy at $2 trillion and 100 times revenue in 2026.
That is not getting in early. That is being the exit for venture capitalists who have held this equity for years at a fraction of what you are being asked to pay.
Almost none of the retail investors buying this IPO will read the 300 pages before the book closes on June 11.
That is your entire competitive advantage right there.
NVIDIA IS BUYING ITS OWN CHIPS AND CALLING IT REVENUE
And your retirement account is secretly holding the bag.
This scheme is literally straight out of the Enron playbook...
In January 2026, a special purpose vehicle called Valor Compute Infrastructure was created with one purpose:
Buy Nvidia's chips so Nvidia could book the sale as revenue.
Valor raised $5.4 billion and purchased over 100,000 of Nvidia's GB200 GPUs.
But $1.9 billion of that money came FROM Nvidia itself.
Nvidia invested $1.9 billion into the shell company, then sold that same shell company $5.4 billion worth of its own chips and booked every dollar as revenue.
It's the Girl Scout whose dad bought all the cookies and then she wins the sales contest because Dad was the customer. Except this Girl Scout is a trillion-dollar company and the cookie sale is $5.4 billion.
But it gets MUCH worse:
The remaining $3.5 billion in financing came from Apollo Global Management. Apollo structured the debt, packaged it into securities, and then sold those securities to Athene.
And guess who Athene is? Apollo's OWN insurance subsidiary. The one that sells fixed annuities to American retirees as safe, conservative retirement products.
Follow the chain:
Nvidia funds a shell company with $1.9 billion. The shell company buys $5.4 billion in Nvidia chips. Apollo finances the remaining $3.5 billion. Apollo sells the debt to its own insurance arm. That insurance arm packages it into annuity products and sells them to retirees who think they're buying something safe.
The retirees have no idea that their retirement savings are now backed by 100,000 computer chips sitting in some data center that will be worth pennies on the dollar in three years.
Now look at what's happening inside Athene:
$74.2 billion in US reserves but $217 billion in assets have been shifted to a Bermuda-based captive insurer, outside normal US regulatory oversight.
$103 billion of that portfolio (roughly 35%) is classified as Level 3 assets. That means there is no observable market price.
These assets are valued by internal models, not by actual markets.
And sitting on top of all those unpriced assets? 16.6x leverage.
If you're getting flashbacks to 2008, you should be.
Back then it was mortgages bundled into securities that nobody understood, sold to investors who had no idea what they were holding, rated as safe by agencies that never looked under the hood.
Today it's GPU-backed securities. Computer chips bundled into structured credit instruments, routed through an offshore insurance subsidiary, and sold to you as a retirement product.
The collateral is 100,000 GPUs leased to a single customer through an xAI subsidiary. If xAI stops making lease payments for any reason - financial distress, a pivot in strategy, anything - the entire structure unravels.
And Nvidia releases new architectures every year, so each generation delivers dramatically more compute per watt. A 5 year lease on technology that's obsolete in 2 years creates a mismatch that should terrify every annuity holder in America.
Every single step in this chain is technically legal. The SPV is legal, the lease is legal, Nvidia's equity stake is legal, the securitization is legal, and the Bermuda transfer is legal.
But legality and legitimacy are not the same thing.
I've seen every trick Wall Street has ever pulled in my 45 years of doing this.
And what I'm looking at right now is a pipeline that takes AI infrastructure risk, launders it through 8 layers of financial engineering, and deposits it in the retirement accounts of Americans who never agreed to fund Elon Musk's data centers.
In 2008 it was mortgage-backed securities.
In 2026 it's GPU-backed securities.
Different asset. Same greed. With the same ending.
In light of today’s horrifying text message revelations, I am calling for Norfolk County District Attorney Michael Morrisey to resign effective immediately. Racism, bigotry, misogyny, and antisemitism have absolutely no place in the Massachusetts State Police and the Norfolk County District Attorney’s Office. They are appalling and shocking and, under my leadership, will never be tolerated.
Read the full statement at https://t.co/NwjLFk4tlx
People like me take great pains to avoid coming across as antisemitic in our criticisms of Israel, and then Jewish Zionists go to these events all “Yes we Jews need to be actively manipulating western institutions in order to deceive everyone and control society.”
O resultado da carga policial absurda, desmedida e indiscriminada a um grupo de grevistas, desarmados e sossegados, que estava perto da AR a cantar “25 de abril sempre, fascismo nunca mais”. Estamos à procura das restantes vítimas para fazer queixa. Partilhem por favor
The silence from Democrats when Muslim colleagues and candidates are attacked is a cancerous rot.
We cannot lead our country out this moment if we're willing to accept the abuse or dehumanization of any marginalized group.
If your organization endorses Greg Connor, you’re endorsing everything that occurred under his leadership including Michael Proctor’s disgusting racist texts and planting evidence on innocent people. Not a good look IW Local 7, I’d advise against it.
@TedDanielnews Let’s not forget Bev Canone allowing all of this insanity to be hidden and/or swept under the rug. Meanwhile, she has opened up her Cape Cod cottage for another fabulous summer, marinating in her gin & tonics.