edward steen

Austrian-Irish journalist, Secretary-General since Feb 2020 of Association of European Journalists ( Based in Vienna.

[Drone Wars @Drone_Wars_]

Ukrainian forces have reportedly disassembled a nearly intact Russian “Geran-4 Siker” drone.

Source: RadioFreeEurope
#Shahed #Geran #Geran4

[CSPAN @cspan]

Former President Obama calls President Trump "that guy" and says it is not surprising that he wants to ban certain press from White House: "The government cannot discriminate against or pick on or bully or exclude somebody because they don't like the criticism..."

[edward steen @sunshine_posho]

Renoir’s paintings have been stolen again. Their history may never be found. https://t.co/lisv4XR31p

[Robert Reich @RBReich]

Chipotle is working with Palantir to build a “food safety risk platform.”

Should you be worried Palantir might be tracking how much guacamole you add to your burrito? Maybe not.

But you should be worried about what it’s doing for the federal government.

[MeidasClips @MeidasClips]

The contrast between Mark Carney and Donald Trump speaks for itself.

Ben Meiselas has the side-by-side.

[Ethical American @AmericanEthical]

Americans are standing up.

[Rep. Melanie Stansbury @Rep_Stansbury]

The American people are demanding accountability!

Crypto schemes
Pay to play
Give-aways to family and friends
Stealing from the public and
Lining their own pockets

This is by far the most corrupt Administration in American history. This is what experts say needs to happen ⬇️

[Aaron Rupar @atrupar]

Rep. Al Green grills Bessent on Trump's memecoin 👇

GREEN: How do you justify legalizing these Ponzi schemes?

BESSENT: I'm unfamiliar with this. I don't think it meets the criteria for a Ponzi scheme.

[Meidas_Charise Lee @charise_lee]

PALM BEACH COUNTY COMMISSION MEETING

How is $1 billion not a budget item?

[Jake Broe @RealJakeBroe]

"He's worth hundreds of millions of dollars. Why did someone else have to pay for his son's wedding?"

General Ben Hodges' reaction to a sanctioned Russian oligarch, Umar Kremlev, paying for President Trump's son's wedding.

@general_ben

[Meidas_Charise Lee @charise_lee]

Dr. MYRIAM FRANCOIS @MyriamFrancoisC

[edward steen @sunshine_posho]

https://t.co/XtzGpZxKMh

[Ignorance, the root and stem of all evil @ivan_8848]

🚨Jeffrey Sachs: The War on Russia & Iran Is Breaking the West

‼️Sorry, boys, but China is matchingyou and advancing you in most areas and doing it open source and undercutting you.

⚠️⚡️Very serious retrenchment that could come in
a long period of stock market decline or it could come in a crash, depending.

📑Nothing, zero, that the Trump administration is doing has any positive bearing on any of that reality for the majority of Americans.

That's number one.

Second, fiscal policy.

We have been in the era of tax cuts since the 1980s.
Ronald Reagan, this is going back a long time ago, 46 years ago, showed that it was politically successful to promise tax cuts.
Since that time, both parties have basically been on a tax cut binge, and this has led to a U.S. debt, which is now $40 trillion, is now we which is now $40 trillion, is now well above 100% of GDP.
The part of that that's publicly owned rather
than intragovernmental is at about 100% of GDP.
And the interest costs are rising because interest rates are rising.
Third reality, the rest of the world understands this.
So they are diversifying out of the US dollar and out of dollar foreign exchange reserves.
Our interest rates are rising.
Our 30-year bond rates, which have reached about 5.3 percentage points, is now at a high for the last 20 years.
And those interest rates will continue to rise.
Final point, the stock market has soared in the last 10 years, basically on the AI valuations, the so-called Magnificent Seven.
The U.S. stock market valuation is a ...
The U.S. stock market valuation is around 240% of US GDP.
That's not impossible if the US were to have super fast future growth and huge profits and all the rest.
But it is historically completely out of line with any kind of historical norm.
To my mind, it adds up to a mega financial bubble.
I add one more point.
This massive AI valuation, which is like the dot-com bubble that we had before and other bubbles that we had before, is not only so out of line with historical norms, but is predicated on the idea that it's America's Magnificent Seven that will rule the world.
Whereas I was just in China two weeks ago.

Sorry, boys, Sorry, boys, but China is matching you and advancing you in most areas and doing it open source and undercutting you.
And there was a story yesterday about how Anthropic with its excellent version five models can't get customers now because they're turning to free open weight Chinese models.
So all of this, Glenn, to my mind, points to a massive financial revaluation sometime in the next few years.
A very serious one, a very serious retrenchment that could come in a long period of stock market decline
or it could come in a crash, depending.
But I think one of the things that Trump has done is to stoke the bubble.
He's basically a bubble maker.
He's a showman.
He wants the whole government apparatus to raise financial wealth.
That's his metric.
He wants the Fed to do that.
He wants Bessent to do that by these bizarre Treasury interventions in the bond market.
And he wants to do that through his showmanship and his bravado.
And I think a lot of the bravado that we run the world
is basically the bravado to underpin a financial bubble.
And as that bravado increasingly is met with derision in the rest of the world, the United States is setting itself up for a massive financial reversal.
And it won't be pretty.
You know, I'm a monetary economist.
That's my training and my practice for 46 years.
That claim is absurd because there's nothing that keeps the world stuck to the dollar.
And that's increasingly true because the technology, the means of alternative payment systems, the actual implementation of alternative payment systems like the Chinese interbank payment system, the SIPS, absolutely mean that what Bessent says is preposterous.
And so that's just another point of they're talking,
they're talking their bubble and the bubble's going to burst.

[Ignorance, the root and stem of all evil @ivan_8848]

🚨"So why, Mr. Kissinger, should we expand NATO?"
🚨And Kissinger says, "If you can't antagonize Russia when they're weak, what are you going to do when they're strong?"
https://t.co/gPAmOyC0OW
The West is losing the Ukraine War big time. But that does not mean the NATO lunatics are willing to give up their plans for total global domination.
Prof. Jeffrey Sachs:
📑But this is the amazing thing.
I was there exactly at that juncture...
Mm ... when I was, sitting across the table from Boris Yeltsin, and he's saying, "Yes, we want to be a normal democratic country.
We want peace. We want market economy."
And I said, "Mr. President, I'm sure that the United States will give you full support for that."
Of course, I was completely wrong.
The United States was ready to bring him down the same way.
What they wanted in the US was, "Bend your knee to us.
We are the sole superpower. We're going to, run the show. And yes, if you want to be a fourth-rate power,
we'll let you live."
But this is ... But why?
You had the Matlocks, you had the Kennans.
All of these people were Americans, too.
Why did those goddamn neocons win the debate?

If you look in, by the way, 1994, the wonderful segment of Jack Matlock debating Henry Kissinger on the McNeal News Hour, and people can find it just on the website, it's truly amazing.
This is the year 1994, and the, we used to have, intelligent mainstream news, and, Robert McNeal was the, newscaster, very intelligent.
And you took 20 minutes, 40 minutes, 60 minutes for a serious discussion of a serious issue, and the issue on this show was should NATO enlarge?

Mm. And Ambassador Matlock said, "No, this is not the time for that. You know, we're just reestablishing good, trusting relations with Russia. There's no threat. There's no reason. We should leave well enough alone and just,
go on to deepen our relations with Russia. The Cold War has ended, and we have a chance for peace."
And then they ask Kissinger, "Mr. Kissinger, should NATO expand?"

And he says, "Yes, NATO should expand."
And McNeal says, "Um, why, Mr. Kissinger?
"Is Russia a threat?"
He says, "No, no, no, no, no, no, Russia's no threat."
Well, is this, in the security needs of, the countries of Central Europe?"
"No, no, no, no, no, no, no, nothing to do with that."
"Well, Mr. Kissinger, wouldn't this antagonize Russia?"
"Oh, yes. Yes, it would antagonize Russia," he says.
🚨"So why, Mr. Kissinger, should we expand NATO?"
🚨And Kissinger says, "If you can't antagonize Russia when they're weak, what are you going to do when they're strong?"
Mm. That's the logic that was used. Mm.
And this is absolutely remarkable logic, and this is exactly on the record, exactly at that hinge moment, exactly in this debate.
You presume, yes, we're going to be in conflict,
so we might as well start the conflict now.
The idea that there could be peace doesn't dawn on Mr. Kissinger, which is a little odd because he actually was the student of the Concert of Europe.
That was his scholarship.
He knew that after the Napoleonic Wars, it was a balance of major powers that kept the peace in Europe for decades, arguably for a century, to avoid a cataclysmic war.
There were, of course, several wars in Europe,
in, the Crimean War, the war of Italian unification, the war, creating the German state.
But there was no great war of Europe, and the Concert of Europe played a decisive institutional role, and it was the opposite of what Kissinger said, Kissinger said, "Well, we need to antagonize them. It's either now or later."
And that is the mindset, but the mindset in the United States was even worse than that.
I know these people, and I remember the times, and this was the time absolutely of the supreme arrogance of the American strategists.
They were, as they told themselves every day, the indispensable nation.
They were the world's sole superpower.
They were the most powerful country that had ever strode the planet, many times more powerful than the Roman Empire.
This is what they told themselves.
And these were nasty people and greedy people and, of course, above all, arrogant people.

[ALASTAIR CAMPBELL @campbellclaret]

What a complete jerk this guy is. So out of his depth it is embarrassing.

[Jonathan Pie @JonathanPieNews]

The Reform Witch Hunt.
https://t.co/Oo5IriYhuu

[Don Winslow @donwinslow]

Holy shit. Wow.

Trump is such a disaster.

[Ethical American @AmericanEthical]

🚨Wow. Love this! This is how we rebuild America. 🎯🎯 This is how America becomes actually great again. 🇺🇸Which idea do you think is the best?

[Meidas_Charise Lee @charise_lee]

Facts