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Area 51 website owner who says armed feds raided his homes speaks out: 'It could be your door next'

Story by Andrew Miller • Sunday Nov. 20,3033

The owner of a prominent Area 51 website is speaking out after he says federal government agents raided his homes at gunpoint and broke down the doors while investigating a crime he still does not know the details of.

Lawmakers concerned about UFOs posing national security threat

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"I discussed the case with an attorney specialized in Federal cases," Joerg Arnu, proprietor of the website Area-51 themed website Dreamland Resort.com, said in a statement to Fox News Digital on Saturday. "What I learned is truly incredible and in my opinion a much bigger story than the raid of my homes. What was done to me and my girlfriend, two unarmed, innocent, cooperating senior citizens, is apparently totally within the law. Truly incredible!"

It was reported earlier this week that Arnu claimed 15-20 armed federal authorities from the U.S. Air Force and FBI raided two Nevada homes belonging to him and his girlfriend including a home he was present in where he says agents busted through his door and yanked the pair outside where they were "detained and treated in the most disrespectful way."

Arnu said on Saturday that he still does not know what specific crime he violated and only knows what an agent told him during the raid that the incident was "related to images posted on my Area 51 website."

GOVT REPORT ALLEGEDLY FINDS MORE THAN 150 CASES OF UNEXPLAINED UFO'S: 'WE DON'T KNOW WHAT THESE THINGS ARE'


(L) Joerg Arnu,(R) Door on Joerg Arnu's property Joerg Arnu© Joerg Arnu

Arnu claims that between the damages to his houses, including the broken down door, and the value of the hard drives, cameras, and other equipment, amounts to a dollar value of around $25,000.

"I have not been charged with a crime and all my attempts to reach out to the FBI to at least get my much-needed medical and financial records and passwords stored on the seized computers were in vain," Arnu said. "Crickets from the feds!"

SAN DIEGO SKIES LIGHT UP WITH MYSTERY LIGHTS, PROMPTING QUESTIONS FROM LOCALS


Photos of broken doors at Joerg Arnu's home provided to Fox News Digital Joerg Arnu© Joerg Arnu

In photos provided to Fox News Digital, doors to Arnu’s homes can be seen bent and damaged where he says agents stormed into his dwelling.

Arnu explained earlier this week that his girlfriend was "led out into the street barefoot and only in her underwear in full view of the neighbors" during the raid and that he was led outside "handcuffed and only in a T-shirt and sweats in sub-freezing temperatures."

"The federal government has the right to harass and traumatize random citizens that are not accused of any crime," Arnu said. "Kick in their doors, manhandle them and take whatever they want from them. Said citizens have no rights whatsoever to reimbursement of their damages, return of their property or compensation for the trauma they were subjected to."

NASA TEAM TO STUDY UFOS, RELEASE REPORT TO PUBLIC IN 2023

Lt. Col. Bryon McGarry, Nellis Air Force Base spokesperson, confirmed to Fox News Digital that there is currently an open investigation into Arnu but did not provide details as to the specific crime.

Fox News Digital reached out to the Federal Bureau of Investigation multiple times but did not immediately receive a response.

SECRETS OF AREA 51: WHAT COULD THE US GOVERNMENT REALLY BE HIDING

Arnu started Dreamland Resort in 1999 and the site features YouTube videos of drone footage from over and around Area 51, satellite images of the base, discussion forums, and articles on various rumored top-secret projects involving UFOs. The site also features photos of "super secret" aircraft being developed by the U.S. military.

Arnu says that he took down some photos from this website following the raid in an attempt to "diffuse" the situation but does not believe he posted anything illegal.

Arnu created a GoFundMe to raise money to replace the items he says that his lawyer told him he is unlikely to get back.

"By the time you get your laptops back they will be obsolete," Arnu says his lawyer told him. "IF you get them back."

Arnu has suggested that he will take legal action in order to recover his property.

"This is America, land of the free," Arnu said. "Not so much from where I am standing right now. Everyone should know about this injustice. It could be your door that is kicked in next!"

An obscure clause in Canada’s charter sparks furious debates over rights

FAR FROM BEING OBSCURE THIS CLAUSE IS THE PROBLEM IN THE CONSTITUTION

Story by Leyland Cecco in Toronto 

•  The Guardian

Sunday Nov. 20,2022

At the height of a bitter pay dispute with Ontario education workers earlier this month, the provincial premier, Doug Ford, passed a law that barred employees from striking and imposed a multi-year contract on them – breaching their constitutional rights.




Amid mounting public backlash and the prospect of a general strike, Ford quickly retreated, announcing his government would immediately rescind the bill.

In neighbouring Quebec, the provincial government is in court defending legislation barring public employees such as teachers and doctors from wearing religious symbols – a law that disproportionately affects religious minorities. Rather than backing down from controversy over the law, however, the provincial premier, François Legault, recently won re-election, in part over its popularity.

The two governments’ ability to strip away seemingly fundamental rights comes from a controversial – and uniquely Canadian – constitutional mechanism, known as the “notwithstanding clause”.

It’s been called both an “escape hatch” and a “nuclear bomb”. But with each use of the clause, Canada endures another debate over whether it should have a place in the constitution – or if its power should be blunted.

A 2015 survey found that 93% of citizens felt the country’s Charter of Rights and Freedoms, similar to the US Bill of Rights, was the most important symbol of Canada, beating ice hockey, the Royal Canadian Mounted Police, the maple leaf and the national anthem.

The 40-year-old Charter protects a range of rights – democratic, mobility, legal, equality and language rights – and has served as a template for dozens of nations.

And yet when the then prime minister, Pierre Trudeau, set out to replace the British North America Act with a constitution in the 1980s, the decision kicked off a power struggle between the provinces and federal government.

Provinces feared that under a new constitution, courts would become too powerful, undermining the authority of the elected government. A compromise was hashed out: in cases when a government – provincial or federal – felt that the courts had overstepped, they could invoke the clause to override certain Charter rights of citizens.

It meant that some fundamental rights, including protections of religious freedom, equality and speech, could be suspended.

But the federal government put limits on this power: voting, as well as language rights, were untouchable, ensuring Canadians could remove a government if they wanted. A government could only invoke the clause for five years. Before they could renew it, they would first have to face voters.

Related video: Ontario government, education workers avoid strike with tentative deal
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No education workers’ strike as CUPE, Ontario government reach deal





“Even without using an outstanding clause, governments have a significant ability to defend their laws if they can show why it is a ‘reasonable and proportionate’ limit on rights,” said Robert Leckey, dean at McGill’s law school. “And in reaching for the notwithstanding clause, governments are really just saying ‘We want to pass a law that wouldn’t be upheld by the courts as a reasonable and proportionate limit on rights.’”

All the provinces – except for Quebec – approved the measures and the constitution was ratified in 1982.

In the years since, the clause has rarely been invoked.

But in 2019, Quebec passed Bill 21, barring its law public employees from wearing religious symbols in public. The province pre-emptively invoked the clause, implicitly recognizing that the law breached the Charter.

Three years later, Quebec passed Bill 96, which sought to strengthen French language protections – again invoking the notwithstanding clause, in an apparent implicit recognition that the pursuit of language and cultural protections is at odds with Canada’s charter.

Meanwhile, in Ontario, the premier, Doug Ford, has used the clause – or threatened to – three times. Before Ford, no premier had ever invoked the notwithstanding clause.

The pre-emptive use of the clause sends a message: “‘We’re a majority government, we represent our voters and we don’t want to be slowed down or bothered by having to explain what we’re doing in court,’” said Leckey. “The worry is that if it’s used often, people are a little less surprised each time.”

While Ford quickly retreated on Bill 28, Quebec’s national assembly has shown little interest in scaling back its legislation, highlighting the more troubling implications of the clause, said Sonia Lawrence, a professor of constitutional law at Toronto’s Osgoode Hall law school.

“By using the notwithstanding clause, what you have is discrimination against minorities already facing discrimination. And this is where we might expect the court to be the most muscular and pushing back against a government, especially since it’s a place where we don’t expect that the broader electorate will necessarily speak up for those minorities,” she said.

Quebec’s court of appeal is hearing a case over concerns that the notwithstanding clause was misapplied in Bill 21, but the broad powers granted by the clause make it difficult for critics or courts to limit a government’s ability to pass controversial laws.

Amending the clause would require reopening debate over the constitution, a task many fear would result in a national a crisis, with provinces demanding new concessions or powers from the federal government.

But Lawrence said that despite its shortcomings in protecting minority rights, the notwithstanding clause has also prevented Canada’s top court from accusations of becoming an overtly partisan institution.

Unlike the United States where “the court has essentially been captured by political interests” and judges’ interpretations of law can shape public policy – as for example in the supreme court’s decision to overturn decades of precedent on abortion – governments in Canada can easily undo a controversial high court ruling.

“When rights are seen as absolute, there’s also a scenario in which if you think the court has wrongly interpreted the scope of a right, you’re left with very little that you can do,” said Lawrence. “That hasn’t happened to the same degree in Canada.”

Public outrage over the use of the notwithstanding clause – and surprise that rights can be taken away so easily – means Canada needs to have better ability to adjudicate when is the right time to use it, said Leckey.

“The taboo that it can never be used is probably not helpful. There really are circumstances that you might think it could be used, especially when it comes to a very controversial judgment,” he said. “But what I don’t think we’ve developed, as a political culture, the sense of when it’s legitimate to use the clause and an ability to evaluate how legislatures have justified it.”

Much of the debate, frustration and uncertainty around the clause is also a function of the constitution’s relative youth, said Lawrence.

“If we expect our charter to last, we have to also accept that we actually don’t know what kind of situations it’s going to have to deal with in the future.”

Gun control is not enough: The white power status quo is killing us

Image via Shutterstock.
John Stoehr November 21, 2022

A 22-year-old white man in Colorado Springs walked into an LGBT-plus nightclub over the weekend and opened fire. Anderson Lee Aldrich killed five and wounded 25 more before a patron subdued him. The shooter survived and was indicted on Monday on five counts of murder as well as hate crimes charges.

But others aren’t waiting around. Critics say that a young white man doesn’t bring an AR-15-style semiautomatic weapon, a handgun and extra rounds of ammunition into an LGBT-plus venue, located in a relatively conservative city, if he doesn’t hate the people in it.

Others say the shooting is an example of what experts sometimes call “stochastic terrorism” or the incitement of violence against an individual or group. The Editorial Board’s Rod Graham put it this way:

If a group of people hear from Republican authority figures and thought leaders that Democrats are satanic pedophiles, somebody is going to eventually grab a hammer and march over to the residence of their local Democratic representative.



Rod was referring to the recent attack of Paul Pelosi, the spouse of House Speaker Nancy Pelosi. The assault has been described as an attempted assassination. I think I can speak for Rod when I say we can swap out “Democratic representative” for any minority group, like the LGBT-plus community, and come to the same conclusion.

I agree with all the above, but I want to add an observation.

When we talk about “hate crimes” and “stochastic terrorism,” we should bear in mine an underlying assumption, and by bearing it in mind, we can see that the challenge before us requires solutions far greater than demanding that Republican rhetoric, which inspired Aldrich to murder, be toned down. That assumption is twofold.

One, that the status quo – what’s “normal” – is politically neutral.

READ MORE: White liberals are not free – but they are protected by white power

Two, that the status quo is nonviolent.

It is neither.

Political violence is normal

The way things are is not just the way things are. It’s a product of politics and history, all the choices made before us, and by us, coalescing into a knowable moment that we experience as the now.

The politics of the past is the politics of the present, just as the politics of the present will be the politics of the future. This is the true way of things. To deny this is to deny our humanity. To deny this is to run away from the freedom of making choices that suit us collectively. It’s to escape the responsibility of having made them.

The status quo is not politically neutral.

Neither is it politically nonviolent.

Hard as it is to say, violence is a force that shapes our norms. Some violence we deem legitimate, as when police keep the peace. Others we deem illegitimate, as when criminals breach the peace. But both shape what’s “normal.” The difference is the degree of acceptability.

However, because the status quo is political, and the status quo is shaped by violence, legitimate and illegitimate, political violence is an expression of the status quo. And given that white power (rule by heterosexual, Christian, preferably rich, white men) is the status quo, political violence is expression of white power. Put another way:


• The status quo (what’s normal) is white power.

• White power is political violence.

• Political violence is normal.

Anderson Lee Aldrich committed an act of political violence.


It’s going to take more than gun control to address that.

One way or another, we have, and everyone before us has, decided that one kind of violence is good while the other kind is bad. These choices are political. They were made in a political context. Their consequences, which we all live with unawares, are political, too.

To deny the politics of these choices is to deny the cause and effect of history – to ignore the material consequences that come with decision-making. To deny that is to throw up our hands and say whatever has happened and is going to happen is in God’s hands.

That’s what most of us do.

Running from freedom

Political violence is an expression of the status quo – of white power, of rule by straight white (and rich) men. Whether we think it’s good (police keeping the peace) or bad (criminals breaching the peace), it’s political violence. Why, then, does political violence surprise us?

I think there’s more going on than the natural horror of witnessing bloodshed – more than the despair at witnessing bloodshed over and over, as we have for the past 20 years. I think it’s about expectations.

And who has them.

When something is working for you, you don’t think about it. That it’s working is what’s expected. But when it fails to work, indeed harms you, that’s surprising, maybe even shocking. It’s supposed to work!

White power works for white people (who are most people in America). We never think about it. We don’t have to. It works! But occasionally, the political violence that is white power doesn’t work. It harms us, kills us! It causes young white men to go on rampages.

Yet we continue to be surprised. We continue to be, because we – meaning white people – won’t rethink the problem. We won’t make different political choices. We won’t even recognize, and admit, that we have already made choices. We won’t, because white power works. We think political violence can’t be a feature. It must be a bug!

It’s not a bug. Indeed, the question isn’t whether there is or isn’t political violence. (Political violence is the force that shapes our norms.) The question is how much. The answer is a lot. We tolerate political violence – heaps of corpses – because that’s easier than rethinking political choices that go into maintaining white power.

If we admitted responsibility, we’d have to do something.

White power normally works, though.

So we don’t.

By refusing to accept that we (white people) have already made choices that together produce the status quo, we are denying our humanity. We are running from freedom. We rather throw up our hands and say whatever has and is going to be is in God’s hands.

But the choice is ours.

Not God’s.

READ MORE: White-power violence inevitably comes for 'respectable' white people

Accused Colorado Springs shooter is the grandson of a GOP CA state assemblyman who compared Jan 6 to the American Revolution

California State Assemblyman Randy Voepel, image via Screengrab / Twitter.
Alex Henderson November 21, 2022

On Saturday, November 19, a mass shooting at a gay nightclub in Colorado Springs, Colorado left five people dead and more than two dozen people injured. The man arrested in connection with the attack, 22-year-old Anderson Lee Aldrich, is facing five counts of first-degree murder and five counts of a "bias-motivated crime causing bodily injury,” according to court filings. And CBS 8 San Diego is reporting that Aldrich is the grandson of California State Assemblyman Randy Voepel.

CBS 8 San Diego’s Steve Price reports that Voepel “once drew harsh criticism from several of his colleagues in Sacramento for comparing the January 6 attack on the Capitol to the American Revolutionary War.”

A far-right Republican, the 72-year-old Voepel has been an avid supporter of the Tea Party. After a mob of Donald Trump supporters violently attacked the U.S. Capitol Building on January 6, 2021, Voepel declared, “This is Lexington and Concord. First shots fired against tyranny. Tyranny will follow in the aftermath of the Biden swear-in on January 20.”

READ MORE: Hate crime, murder charges filed against Club Q suspect in anti-LGBTQ mass shooting

Law enforcement officials have not gone into specifics about the alleged shooter’s possible motivations or political views in the attack on Club Q, a gay nightclub in Colorado Springs. But the court filings indicate that they are considering it a politically motivated hate crime

Idaho Trump-loving megachurch pastor opposes a woman’s right to vote

Image via Shutterstock.
Elizabeth Preza November 18, 2022

Disciples of right-wing megachurch pastor Doug Wilson, a devoted Trumper with a booming media empire, knew who to blame for Republican midterm losses.

Women.

Especially college-educated women.

Wilson is known to most non-Trumpers for teaching that wives must obey husbands in all matters, including sex. His most famous aphorism is that God designed the male as the one who "penetrates, conquers, colonizes, plants. A woman receives, surrenders, accepts.” He counsels married couples that sex is "not an egalitarian pleasuring party" so women shouldn't expect to enjoy it as much as men. Wilson advises husbands to tell their wives how to vote.

In addition to being pastor of Christ Church in Idaho, Wilson launched a religious college and models for private schools and homeschoolers, is a popular speaker on the political/ religious revival circuit, and owns a book publishing house. It published his novel "Ride, Sally, Ride" about a Christian student so enraged by his neighbor's sexbot wife, he throws her into a recycling compactor, then faces murder charges.

Former Fuller Theological Seminary instructor Steve Rabey partners rounded up the reaction to the midterms from an array of Wilson's disciples for Roys Report, an online Christian newsletter.



Right Response Ministries, a frequent partner of Wilson's on YouTube shows and live events, tweeted after seeing a chart on TV showing that women, particularly college educated, are more likely to vote for Democrats. The ministry tweeted: "Takeaways: 1) Yes, women are more easily deceived than men. 2) Yes, the majority of universities are merely institutions for deception. 3) Yes, the 19th Amendment was a bad idea."

Bnonn Tennant, co-author of It’s Good To Be A Man published through Wilson’s Canon Press, battled women on Facebook after calling women's suffrage a "rebellion" against God. He continued, “Voting is an act of rulership. Since rulership is not given to women, women should not vote."

Tennant added that in a modern society where “women are allowed/expected to vote, it is prudent for a husband and wife to discuss how to vote, so they can double the impact of their household vote.” act of rulership.” Another one of Wilson's authors, Stephen Wolfe (The Case for Christian Nationalism) published tweeted that he believes only heads of households should vote so a widow supporting children might be allowed to vote.

Wilson and his male followers are not cultural oddities. They are part of the theonomist movement which advocates America being ruled by divine law rather than the Constitution. They favor embracing Old Testament rules and regulations.

In September, Wilson told Meet the Press he aimed for a spiritual takeover of his town, Moscow, Idaho that would exemplify the ideal of laws imposed by God, not the government.

Tragically, the pretty university town has been in national headlines this week because four University of Idaho students were stabbed to death in their off-campus home. As of Friday, police said they had no suspects.

Wilson's Christ Church claims a membership of at least 800 in person and far more online. That is impressive, given Moscow's population of only 25,800. But Wilson seems as controversial there as he is popular. In August, one of his former deacons pleaded guilty to possessing child pornography. There are two websites for people who have fled Christ Church, both are anonymous to protect the users' identities from Wilson's followers.

And Wilson's candidly combative tone makes many non-members uneasy. The logo of his New Saint Andrews College says: "Swords and Shovels. Build. Fight." On Wednesday, in his blog, he attacks the FBI for infiltrating the Proud Boys at the Capitol on January 6.

"The top echelons of the FBI have done their level best to fulfill their self-appointed role of becoming partisan hacks, obtaining Russian hoax warrants under pretenses known by them to be false—managing thereby to attain an astounding level of corruption—and all without anybody associated with these monkeyshines ever having to spend any time in the Big House," Wilson wrote. "We now know that the top law enforcement agency in the United States is itself lawless."

And Wilson published an anthology he edited called "No Quarter November" with this promo: "Some people want to know what it is about November that makes us want to burn things. We don’t think we have a moral obligation to be incendiary: the world for some mysterious reason has become flammable."

Will climate change ever become the crucial issue in American elections?

Image via Matthew Rozsa.
Tom Engelhardt and
TomDispatch November 21, 2022

Believe me, it’s strange to be an old man and feel like you’re living on a new planet. On November 7th, the day before the midterm elections, I took my usual afternoon walk in New York City and I was wearing a short-sleeved shirt! That was a first for me. And no wonder, since it was 76 degrees out — beautiful, but eerie. After all, that’s just not November weather.

By then, in fact, a distinctly unseasonal heat wave that, the previous week, had hit the country from the Great Plains to the Gulf Coast was spreading across the Eastern U.S. from Tallahassee, Florida (a record-tying 88 degrees) to Burlington, Vermont (a record 76 degrees). Temperatures ranged from 15 to 25 degrees above normal. And yet, in a sense, this was nothing new. The worst megadrought in 1,200 years has held the West and Southwest in its grip for what seems like eons now and has evidently been moving toward the middle of the country (with the Mississippi River becoming an increasingly dried-up mud puddle).

Meanwhile, Nicole, a rare November hurricane that formed in the Caribbean, would, sadly enough, spare Mar-a-Lago. However, a distraught Donald Trump, riding it out there (despite state evacuation orders), would react angrily to the political hurricane that clobbered Florida on November 8th when Ron DeSantis swept to a resounding victory amid chants of “two more years!” Meanwhile, thanks in part to already rising sea levels, Nicole would further erode Florida’s coastline in a telling fashion.

I know, I know, the real story last week was the changing political weather in this country: the angry Donald, Ron De-Sanctimonious, the Red Wave that proved barely a trickle; the surprising importance of abortion to the election campaign; the losses of so many Trumpian election deniers; those endless vote counts that left the Senate miraculously still in the hands of the Democrats and the House barely in those of… well, god knows who the Republicans really are anymore — all of it grabbed our attention big time and, given what’s at stake, why shouldn’t it have?

In a way, Nicole was nothing compared to the tropical storm of political news that swamped us during an election season in which so many Trumpists, including “Doc” Mehmet Oz and Doug Mastriano in Pennsylvania, suffered losses that shocked the former president. They also left some Republicans lambasting him for the first time — Liz Cheney aside — in years, even as he announced his next presidential run.




How our political world does change every now and then (even if only sort of) to the surprise of pollsters and political commentators alike. I mean who, in recent years, would have dared predict that, in the wake of the 2022 midterm elections, the Murdoch-owned tabloid, the New York Post, would mock Donald Trump on its front page? It featured him as an egg-shaped “Trumpty Dumpty” teetering at the edge of a wall with the headline “Don (who couldn’t build a wall) had a great fall — can all the GOP’s men put the party back together again?”

And yet, sadly enough, you could also say that, for all the hoopla, in certain ways our political system doesn’t change. At least, not faintly fast enough. In case you hadn’t noticed, for example, there was one issue that couldn’t loom more ominously in this all-American world of ours, that couldn’t be more crucial to our future lives, and that was missing in action during this election season. I’m thinking, of course, about climate change, the ominous overheating of this planet thanks to the greenhouse gasses that continue to spew into the atmosphere from the burning of fossil fuels. This very year, it looks as if fossil-fuel emissions will once again rise to record levels. By the end of 2022, an estimated 36.6 billion tons of carbon dioxide (or more) will have headed for that atmosphere on a planet already feeling the heat, literally and figuratively, in a historic (or, under the circumstances, perhaps I mean a-historic) way.

Missing in Action in Election 2022

Honestly, how strange this election truly was, don’t you think? And not simply because of Donald Trump and the election-denying candidates he backed. When I consider this planet, the only one we humans have (at least as yet), I find it all too unnerving that climate change didn’t make it into the midterms in any significant, or even discernible, fashion.

I’m talking about the very planet on which the heat is increasing in an ever more striking way. Ice is melting from alpine heights to polar glaciers; rising sea levels are imperiling ever more coastal areas; previously unimaginable kinds of flooding are occurring from Pakistan to Nigeria; and record droughts have settled in across much of the northern hemisphere, while famine — actual starvation — is becoming a part of life in an increasingly parched horn of Africa. Meanwhile, more people are probably being driven from their homes and lives, not just by us humans but by nature itself, and are on the move than at any recent moment in our history.

Worse yet, we know enough — or perhaps I mean should know enough — to realize that life as we once experienced it (note the past tense!) is heading for the history books. In the worst sense imaginable, whether we care to notice or not, we all now find ourselves on a new planet. The scientists who follow this closely have been informing us of just that for years now, as has António Guterres, the head of the United Nations. Here’s the news in a nutshell: it’s only going to get precipitously (as in going off the edge of a cliff) worse, especially if humanity doesn’t take collective action in the coming years to bring the burning of fossil fuels under far greater control, while increasing the use of renewable energy sources significantly.

And all of that should help explain why, when it comes to those midterm elections, I’m left with a giant question mark that has nothing to do with Donald Trump. Given how obvious and ominous our global situation already is, why did climate change not grip American voters the way abortion did? (After all, there was a Supreme Court ruling against the Environmental Protection Agency regulating the release of greenhouse gasses, just as there was one against Roe v. Wade.)

Why was the possibility of our planet becoming ever less livable not at the top of the list of issues in the 2022 midterms? Why weren’t politicians spending their time discussing the subject? Why wasn’t it part of every stump speech, at least for the candidates who weren’t Trumpublicans?

It should be the issue of the moment, the week, the month, the year, the decade, the century, shouldn’t it? Admittedly, post-election, Nancy Pelosi did take out after Trump and crew on the issue of climate-change denial, as well she should have, but that was a rare moment indeed. And, to give him credit, Joe Biden has worked hard to pass significant climate legislation (even if, thanks in part to the war in Ukraine, his administration has also allowed fossil-fuel extraction to ramp up).

You want an election “issue”? Honestly, when you think about how an ever more overheated planet is going to affect our children and grandchildren, shouldn’t global warming have been right at the top of any list? And why wasn’t its absence considered the mystery of our times, perhaps of all times?

One much-commented-upon surprise of the midterm election season was the turnout of Generation Z voters in a non-presidential year and how significantly their votes skewed Democratic. And yes, we know from polling that Gen-Z voters did indeed have climate change on their minds in a way their elders evidently didn’t. We know that, for them, it was right up there with (or just behind) abortion, protecting democracy, and inflation. And that’s not nothing.

In fact, as Juan Cole wrote at his Informed Comment website, “According to a recent Blue Shield poll, some 75% of youth in America report that they have had panic attacks, depression, anxiety, stress, and/or feelings of being overwhelmed when considering the issue of climate change. Globally, many of these young people are even afraid to bring children into the world that is being produced by our high-carbon styles of life.”

Personally, I’m with them when it comes to anxiety. When I think about the world my children and grandchildren are now likely to inherit, it leaves me distinctly depressed, stressed, and — yes — overwhelmed. And when I think that, in 2022, global warming wasn’t a significant issue, not even for Trumpublicans to attack, those feelings only multiply.

Left in the Dust of History

I mean, forget the melting Alps in Switzerland or the melting glaciers in the Himalayas; forget the missing water supplies in parched, overheated Jordan, or the spring temperatures that soared to 120 degrees and above in India and Pakistan; ignore the 500-year record drought that engulfed Europe, drying up the Rhine and other rivers, and the soaring temperatures that, last summer, turned even China’s mighty Yangtze River into a giant mudflat; ignore the record melt of Greenland’s ice sheet this September or the coming total disappearance of summer sea ice in the Arctic (with an accompanying rise in global sea levels), and just think about a few basics in our own country, which has reportedly warmed 68% faster than the planet as a whole over the last half century. Approximately four decades ago, extreme weather disasters causing at least $1 billion in damage occurred in the United States on average once every four months. Now, it’s once every three weeks. Doesn’t that tell you something?

And what, I wonder, will it be like four decades from now when the Gen-Zers are at least somewhat closer to my age? Meanwhile, that western mega-drought continues, wildfires grow increasingly severe, coastal areas are battered ever more fiercely by storms that, crossing overheated waters, only grow ever stronger, seasons become hotter, and… but let me just stop there.

I mean, you get the idea, right? And count on one thing: someday, perhaps even in 2024, America’s elections are finally going to heat up, too — and I’m not just thinking about Humpty Trumpty or Ron DeSantis. Count on this, too: climate change on its present course ever upwards is going to become the true inflation of the future, as well as an issue, possibly the issue, in any election season. Republican weaponizing of it will end and how politicians respond to it will matter in their vote count (assuming, of course, that some version of American democracy is still in place in that perilous future of ours).

If you once rejected the very idea of climate change — yes, you Donald Trump and you Ron DeSantis! — you’ll be an object of bitter mockery and ridicule. If you supported billionaires who, flying on their own private jets, put striking amounts of greenhouse gases into the atmosphere, you’ll pay for it politically. If you urge that more coal, oil, or natural gas be produced, you won’t have a chance in any election season.

Whether we truly know it or not, whether we accept it or not, whether we paid the slightest attention to COP27, the recent U.N. climate meeting in Egypt, or not, trust me on one thing: the perilous heating of this planet is the topic that will, sooner or later, leave all others in the dust. New cold wars and hot wars will make no sense whatsoever in such a future. After all, we’re now on a tipping-point planet. Or rather, let me put it this way: either attention to climate change will leave all else in the dust or climate change itself will leave us all in the dust, and how truly sad that would be!

The West is using COP27 to shift blame to poorer nations: Private greed prevails over humanity’s survival

Image via Shutterstock.
Prabir Purkayastha and
Globetrotter November 18, 2022

COP27 has begun in Sharm el-Sheikh. Although the Ukraine war and the U.S. midterm elections have shifted our immediate focus away from the battle against global warming, it still remains a central concern of our epoch. Reports indicate that not only are we failing to meet our climate change goals, but we are also falling short of the targets by a large margin. Worse, the potent methane greenhouse gas emissions have grown far more rapidly, posing as much of a climate change threat as carbon dioxide. Even though methane lasts for a shorter time in the atmosphere, viewed over a period of 100 years, it is a more potent greenhouse gas than carbon dioxide.

This article was produced in partnership by Newsclick and Globetrotter.

The net result is that we are almost certain to fail in our target to limit global temperature rise to 1.5 degrees Celsius above preindustrial levels. And if we do not act soon, even a target of 2 degrees Celsius is hard to achieve. At this rate, we are looking at a temperature rise of 2.5-3 degrees Celsius and the devastation of our civilization. Worse, the impact will be much higher in the equatorial and tropical regions, where most of the world’s poor live.

In this column, I will address two issues. One is the shift from coal to natural gas as a transitional fuel, and the other is the challenge of storing electricity, without which we cannot shift successfully to renewable energy.

The advanced countries—the U.S. and members of the European Union—bet big on natural gas, which is primarily methane, as the transition fuel from coal. In Glasgow during COP26, advanced countries even made coal the key issue, shifting the focus from their greenhouse emissions to that of China and India as big coal users. The assumption in using natural gas as a transitional fuel is that its greenhouse impact is only half that of coal. Methane emissions also last for a shorter time—about 12 years—in the atmosphere before converting to carbon dioxide and water. The flip side is that it is a far more potent greenhouse gas. Its effects are 30 times greater over a 100-year period than an equivalent amount of carbon dioxide. So even a much smaller amount of methane has a much more significant global warming impact than carbon dioxide.

The bad news on the methane front is that methane leakage from the natural gas infrastructure is much higher, possibly as much as six times more—according to a March 2022 Stanford University study—than the advanced countries have been telling us. The high methane leakage from natural gas extraction not only cancels out any benefits of switching to natural gas as an intermediary fuel but even worsens global warming.

There are two sets of data on methane now available. One measures the actual leakage of methane from the natural gas infrastructure with satellites and planes using infrared cameras. The technology of measuring methane leaks from natural gas infrastructure is easy and cheap. After all, we are able to detect methane in exoplanets far away from the solar system. Surely, saving this planet from heat death is a much higher priority! The other data is the measurement of atmospheric methane conducted by the World Meteorological Organization (WMO).

The Environment Protection Agency (EPA) in the U.S. estimates that 1.4 percent of all natural gas produced in the U.S. leaks into the atmosphere. But the March 2022 Stanford University study using cameras and small planes that fly over natural gas infrastructure found that the figure is likely to be 9.4 percent—more than six times higher than the EPA’s estimate. Even if methane leaks are only 2.5 percent of natural gas production, they will offset all the benefits of switching from coal to natural gas. “Clean” natural gas may be three to four times worse than even dirty coal. At least in the hands of capital!

The EPA does not conduct any physical measurements. All it uses to estimate methane emissions is a formula that involves a number of subjective factors, along with the number of wells, length of pipelines, etc. Let us not forget that there are many people in the U.S. who either do not believe in or choose to ignore the fact of global warming. They would like to take a crowbar to even a weakened EPA, dismantling all measures to reduce global warming.

The impact of methane leaks can be seen in another set of figures. The World Meteorological Organization reported the biggest jump in “methane concentrations in 2021 since systematic measurements began nearly 40 years ago.” While WMO remains discreetly silent on why this jump has occurred, the relation between switching to natural gas and the consequent rise of methane emissions is hard to miss.

The tragedy of methane leaks is that they are easy to spot with today’s technology and not very expensive to fix. But companies have no incentive to take even these baby steps as it impacts their current bottom line. The larger good—even bigger profits, but over a longer time frame—does not interest them. They aren’t likely to change unless they are forced to by regulatory or direct state action.

The cynicism of the rich countries—the U.S. and members of the EU—on global warming can be seen in their conduct during the Ukraine war. The European Union has restarted some of its coal plants, increasing coal’s share in the energy mix. Further, the EU has cynically argued that developing oil and gas infrastructure in Africa is all right as long as it is solely for supply to Europe, not for use in Africa. African nations, according to the EU, must instead use only clean, renewable energy! And, of course, such energy infrastructure must be in the hands of European companies!

The key to a transition to renewable energy—the only long-term solution to global warming—is to find a way of storing energy. Renewables, unlike fossil fuels, cannot be used at will, as the wind, sun, and even water provide a continuous flow of energy. While water can be stored in large reservoirs, wind and sun cannot be, unless they are converted to chemical energy in batteries. Or unless they are converted to hydrogen and then stored in either tank or natural storage in geological formations, underground or in salt caverns.

There has been a lot of hype about batteries and electric cars. Missing here is that batteries with current technology have a much lower energy density than oil or coal. The energy from oil or natural gas is 20-40 times that of the most efficient battery today. For an electric vehicle, that is not such a major issue. It simply determines how often the vehicle’s batteries need to be charged and how long charging will take. It means developing a charging infrastructure with a quick turnaround time. The much bigger problem is how to store energy at the grid level.

Grid-level storage means supplying the grid with electricity from stored energy. Grid-level batteries are being suggested to meet this task. What the proponents of grid-level batteries neglect to inform us is that they may supply power for short-term fluctuations—night and day, windy and non-windy days—but they cannot meet the demand from long-term or seasonal fluctuations. This brings us to the question of the energy density of storage: How much energy does a kilogram of lithium battery hold as compared to a kilogram of oil, natural gas, or coal? The answer with current technology is 20-40 times less. The cost of building such mammoth storage to meet seasonal fluctuations will simply exhaust all our lithium (or any other battery material) supplies.

I will not address the prohibitive energy cost—electric or fossil fuel—of private versus public or mass transportation, and why we should switch to the latter. I will instead focus on addressing the larger question of how to store renewable energy so that we can run our electricity infrastructure when wind or sun is not there.

Is it possible that a new technology will solve this problem? (Remember the dream of nuclear energy that will be not only clean but also so cheap that it will not need to be metered?) But do we bet our civilization’s future on such a possibility?

If not, we have to look at existing solutions. They exist, but using them means seeking alternatives to batteries for addressing our grid-level problems of intermittent renewable energy. It means repurposing our existing hydro-projects to work as grid-level storage and developing hydrogen storage for use in fuel cells. No extra dams or reservoirs, as the opponents of hydroelectricity projects fear. And of course, it means more public transportation instead of private transportation.

All of these existing solutions mean making changes on a societal level that corporate interests oppose—after all, doing so would require public investments for social benefits and not for private profits. Capital privileges short-term private profits over long-term social benefits. Remember how oil companies had the earliest research to show the impact of global warming due to carbon dioxide emissions? They not only hid these results for decades but also launched a campaign denying that global warming is linked to greenhouse gases. And they funded climate change deniers.

The contradiction at the heart of global warming is private greed over social needs. And who funds such a transition, the poor or the rich? This is also what COP27 is all about, not simply about how to stop global warming.


Author Bio: Prabir Purkayastha is the founding editor of Newsclick.in, a digital media platform. He is an activist for science and the free software movement.

The good priest who called greed 'venomous'

Image via screengrab.
Chris Hedges and ScheerPost 

November 15, 2022

During the two years the cartoonist Joe Sacco and I spent on our book Days of Destruction, Days of Revolt, written out of the poorest pockets of America, we invariably encountered heroic men and women who — against overwhelming odds — rose up to fight lonely and often losing battles on behalf of the oppressed. Bill Means, Charlie Abourezk and Leonard Crow Dog in Pine Ridge, South Dakota. Larry Gibson and Judy Bonds in the coal fields of West Virginia. Lucas Benitez, Laura Germano and Greg Abbot in the produce fields of Florida. The men and women in Zuccotti Park during the Occupy Wall Street movement.

When set against the crushing poverty, environmental degradation, corporate abuse and despair they opposed, the victories they amassed were often miniscule. And yet, to them, and to the people they were able to support, these victories were immense. They kept alive kindness, community, decency, hope and justice. They provided another way to speak about the world. They reminded us that our primary task in life is to care for others. These moral giants, by their very presence and steadfast refusal to surrender, damned the avarice, lust for power, hedonism and violence that define corporate culture.

Joe and I met Father Michael Doyle in Camden, New Jersey, one of the poorest cities and most dangerous in the United States. Father Doyle, an Irish priest and poet with ruddy cheeks and snow white hair, ran the Sacred Heart Church in one of the city’s bleakest corners. He died at the age of 88 on November 4th in the church’s parish house.

“I haven’t heard God speak in a burning bush, but I hear Him speak from the burning issues of the day, and they are all in Camden,” he told us.


Camden is desolate, with gutted and abandoned row houses, boarded-up storefronts, the empty shells of windowless brick factories and the skeletal remains of old gas stations. Weed-choked vacant lots are filled with garbage, old tires and rusted appliances. Cemeteries are overgrown. Open-air drug markets are divided up among gangs such as the Bloods, the Latin Kings, Los Nietos and MS-13 or Mara Salvatrucha. Knots of young Hispanic or African-American men dressed in black leather jackets and occasionally seen flipping through wads of cash, sell weed, dope and crack to clients, many of whom drive in from the suburbs. The drug trade is perhaps the city’s only thriving business. A weapon, usually stashed behind a trash can, in the grass or on a porch, is never more than a few feet away from the dealers. Camden is awash in guns.




Camden sits on the edge of the Delaware River facing the Philadelphia skyline, with scrap yards and a vast sewage treatment plant that fouls the air. An elevated multilane highway slices through the heart of the city allowing commuters to pass in and out of Philadelphia without seeing the misery below.

“At Ferry and Sixth, we stopped at one of Camden’s 150 open air drug markets,” Father Doyle wrote in one of his newsletters. “Then down Sixth to Viola where Kevin Walls was shot a few months ago. Where his mother bent beside her bleeding son and tried to say the 23rd Psalm in his ear. Though I walk in the valley of death, I fear not evil. There’s plenty of fear at 6th and Viola. There now the most pathetic of urban shrines. His name scrawled on an abandoned wall. Dozens of beer bottles arranged for the glint and glow of a burnt out candle. A teddy bear soiled and wet on an abandoned step. Soft wishes in a hard hearted-place.”

“Sometimes I see men and women hardened by time and all washed out like the hills of Appalachia and I wonder what were their first few years of life and what happened in the little places where they played,” he wrote in another letter. “Right here on Broadway, on the blocks above and below Sacred Heart, the prostitutes adorn every corner in all weather. They are like hardy fishermen casting their lines in the constant stream of traffic. The windowless walls of gutted houses gape down like skeletons with holes for eyes on a tragic human scene. At 3:15 PM, Anna May carefully guides little children with Sacred Heart uniforms across the street when the light changes. May God’s holy angels always get them safely across the street and off it before they harden and crack like the pavements and the prostitutes and the failed plans for urban renewal.”

You can listen to Martin Sheen read from Father Doyle’s letters in the documentary “Poet of Poverty.”

Father Doyle raised the funds to restore Sacred Heart Church, built at the end of the 19th century, and its murals illustrating the Ascension, the baptism of Jesus by John, the marriage of Mary and Joseph, and the return of the prodigal son. In 1984, he founded Heart of Camden, a nonprofit community development corporation that has renovated 250 homes for local families. He sustained the parish’s K-8 school, which the diocese tried to shut down, getting thousands of donors and supporters to provide $1 million a year. He was one of the driving forces behind the creation of the Waterfront South Theatre, the Nick Virgilio Writers House, the Camden FireWorks arts center and the Camden Shipyard & Maritime Museum. Every year, he held a service for the victims of gun violence in the city, reading aloud from the pulpit the names of those killed and the type of weapons used to cut short their lives, as weeping family members, the name of those they lost displayed on a sign around their necks, came forward to light a memorial candle. He started community gardens and opened a medical clinic. He arranged for Mother Teresa to visit the city. He relentlessly defied the destructive forces around him, determined to nurture life, even if it was only a “fragile blade of grass poking up between the cracked cement.”

“When I look at all of Camden, I am paralyzed,” he said during one of my many visits to the rectory. “But it’s like a child at the beach. You give them a shovel. They’ll make a hole and a hill and work at it all day. They’ll have a grand time. And then the tide comes in and the waves bring down the little hill. The little thing is trampled on. But the tide doesn’t take what happened, what they were doing, what’s inside. That’s preserved forever.”

Father Doyle was a member of the Camden 28, a group of left-wing Catholics and anti-war activists who, in 1971, planned and executed a raid to destroy draft files on the Camden draft board. The defendants were arrested but acquitted when it was found that the FBI, which had an informant in the group, had provided tools for the break-in and facilitated the logistics.

“What do you do when a child is on fire in a war that was a mistake and you can’t extinguish the flame — the napalm flame — with water or anything else?” he said in his closing statement at the trial. “What do you do about that? What do you do with an old man whose bones are splintered by anti-personnel weapons in a war that was a mistake? We have no answer to that. There is no answer in the law for a child on fire in a war that was a mistake.”

He organized a memorial service for 300 young men from South Jersey killed in the Vietnam war. Years later, he would still carry a card with the name of one of those killed, Lawrence J. Virgilio from Camden.

The bishops were not pleased. He was fired from Holy Spirit High School near Atlantic City where he taught and transferred to Sacred Heart, a run-down and neglected parish, in 1974. He had to chop firewood to heat the church. It was meant to be a punishment, a demotion, but Father Doyle saw it as the greatest blessing of his life.

“I’ve failed…nicely,” he joked.

He called Camden “a concentration camp for the poor” and saw the city as a template for all that had gone wrong in America. He likened the suffering around him to the crucified Christ, nailed to “the cross of awfully polluted air” and “the broken sidewalks, the broken lives, the ugly scenes that wail for beautification, the dilapidated houses that must be restored for the children.”

“Camden is a casualty of capitalism,” he said as we sat drinking tea one afternoon. “It’s what falls off the truck and can’t get back on the truck. It is a sad stage we are in. There is a meanness that has raised its ugly head in the soul of America. Bobby Kennedy, even Lyndon Johnson, spoke about the poor. Now you can’t say the word poor and get elected. Let the poor suffer. They’re not important. Let the train roll over them.”

“Today’s a very hard time to be poor,” he went on. “Because you know you’re poor. You hear people my age get up and say, ‘We were poor. We put cardboard in our shoes’. But we didn’t know we were poor. Today you do. And how do you know you’re poor? Your television shows you you’re poor. So it’s very easy to build up anger in, say, a high-voltage kid of 17. He knows he’s poor. He looks at the TV. ‘All these people have everything. I have nothing’. And so he’s very angry. This is violence. I’m not talking about a violent show. I’m talking about the violence that rises out of the marketing that shows the kid what he could have. This creates a huge anger that explodes, easily. That I discovered very quickly when I came to Camden. The anger is so near the surface. You rub it and it explodes. There’s no respect for you if you have no money. The constant assault of the marketers is never-ending.”


“I grew up in Ireland,” he went on. “We had the songs of our struggle. It was clear who we were struggling against. It was the money crowd. But people here can’t see the enemy. You can’t challenge what you can’t see. Greed, prejudice and injustice, you can’t get at it. There’s no head. There’s no clarity. So you take it out on your neighbor. It’s horrendous what people do.”

He saw the United States as cursed by the war industry and American militarism, a curse that would doom it. The billions diverted to endless wars meant those around him went hungry. He prayed with his congregation that America will one day “come to the front lines of our cities to protect our children, not with guns, but hammers and saws and jobs and tools of transformation.”

“A child in Camden could teach the proud missile makers a lesson,” he said. “‘Take my hand,’ the little Camden child says, ‘and walk with me. Walk my streets to school. Will your bombs save me? If you want to defend me, come and live on my block.’”

He knew this was the end of the American empire, but he did not understand why it had to go out with such cruelty. What kind of a country, he asked, allowed people to die or go bankrupt because they were unable to pay for medical care?


“Capitalists shouldn’t be allowed anywhere near the medical industry,” he said. “What they do is evil. Greed is venomous.”

“The history books are littered with the ruins of fallen empires,” he said. “A fellow I knew, a blue-collar fellow, he worked with the navy, had to go over with some work crew to Italy. He sent me a card with a picture of the Colosseum. He wrote, ‘I went to the Colosseum, but all I saw were two cats fighting in the weeds.’ It was, when you think about the mighty Caesars, what ancient Rome had been, quite profound.”

Father Doyle loved literature, especially Irish literature, and poetry, which he wrote and included in his letters. He was close friends with the local poet Nick Virgilio, whose brother he had memorialized years earlier and whose haikus captured the desperation of Camden: the prostituted women knitting baby booties on the bus; sitting alone as he ordered eggs and toast in an undertone on Thanksgiving; the latch key children “exploring the wild on public television”; the frozen body of a drunk found on a winter morning in a cardboard box labeled “Fragile: Do Not Crush”; as well as his lamentations for his older brother killed in Vietnam. Nick wrote what could be the city’s epithet:

the sack of kittens

sinking in the icy creek

increases the cold

In 1989, Nick died of a heart attack in Washington, D.C., at the taping of an interview for CBS Nightwatch. Father Doyle rode in the hearse that brought Nick’s body back to Camden, the head of his deceased friend thumping softly against the back partition. He built him a gravestone in the shape of a slender granite podium in Harleigh cemetery, where Walt Whitman, who Father Doyle could quote from memory, is also buried. He had one of Nick’s haiku poems carved on it:

lily:

out of the water…

out of itself

Father Doyle organized and attended a soup kitchen every Saturday where he would sit at the tables with about a hundred people, many of whom were destitute and homeless. He recruited volunteers from the suburbs, most of whom were white, to cook and serve his guests. “You have dignity at a table when you’re sharing food,” he said.

He spoke frequently about death, perhaps because in Camden, it is a daily reality. He loved the story of two old men in Ireland who spent their lives together until one fell deathly ill and told his friend he didn’t think he would be getting up, that he had always known when he started out where he was going, but now he didn’t. “But John,” his friend replied, “when you were coming, you didn’t know where you’re going and didn’t it turn out alright?”

“The same God that was there when you slithered into this world will be there when you slither out of it,” Father Doyle told me.

And yet, no matter how bleak, there were always unexpected flashes of joy and hope, gifts of grace.

“One day God sent a message from of all places Arlington Street, and it brightened up the doorway of my mind,” he wrote. “On Arlington, in the awful heat, on that Godforsaken street without light or life, ugly, urban decay at levels straining the imagination, seven children were splashing in cascading water like shining wet dolphins in the sun. Somehow, they had hauled a discarded hot tub from Adventure Spas on Chelton Avenue, opened a fire hydrant and the powerful pressure sent the water upward on an old sheet of plywood into the tub and sent the children into ecstasies of delight in spite of all the awful misery around them…Nothing could daunt the wild surge of their young lives and hopes. What is it about hope? Does its real inspiration only rise out of the tragic emptiness to take its pure and unsupported stand against all odds?”

These moments of grace sustained him even as he acknowledged that everything he had spent his life fighting for had gotten worse. They affirmed that no matter how bleak the world around us, death and despair do not have the final word. Time will slowly erode the memory of this priest, as it erodes all memory, until he becomes a ghostly remnant of another era, a name adorned on a plaque. But what will endure is what mattered to him most, the life force to which he dedicated his existence.

 Here's a quick explainer of what happened with crypto giant FTX — and how the GOP is lying about it

Walter Einenkel and Daily Kos 

November 18, 2022
If you are online or have paid a little bit of attention over the past week, you’ve probably heard about FTX (short for “Futures Exchange”) and its various connected companies crashing and burning in the marketplace. What does it all mean? To be completely honest, it is mostly crypto Ponzi scheme magic unfolding in real time. On Nov. 11, FTX CEO Sam Bankman-Fried (who is also known by the moniker “SBF”) announced he was stepping down and his crypto exchange was filing for bankruptcy. On Wednesday, FTX Digital Markets, based in the Bahamas, filed for Chapter 15 bankruptcy protections in New York. Chapter 15 is what you do when you want U.S. protections for a company that is “based” offshore.

FTX had been touted as, The New York Times puts it, “the most stable and responsible companies in the freewheeling, loosely regulated crypto industry.” In January it was valued at an estimated $32 billion. It turns out that this reputation was based on … nothing. It was based on magic. It has very quickly unfolded that the unregulated crypto exchange, with “digital assets” in a range between $10 billion and $50 billion,* was giving out billions in loans using customers’ money and just doing all sorts of (alleged) securities fraud, regular fraud, banking fraud, and wire fraud behavior.

However, conservatives (and Elon Musk) are seizing on the connections the Democratic Party had with SBF. Bankman-Fried was a big Democratic donator this past cycle. The now 30-year-old Bankman-Fried, who went from being worth about $17 billion to nothing in about a week, wasn’t the only person at the top of the FTX food chain giving money to politicians. His co-CEO, Ryan Salame, was donating at a pace that was neck and neck with SBF, except his donations went to conservatives.

*For comparison, Enron had $60 billion in assets when it filed for bankruptcy in 2006.

In the beginning, FTX said that the company’s sudden plunge in stock numbers were the result of an old time-y run on the bank. Then the full extent of this rose-colored glasses “run on the bank” began to unfold. A timeline:

The largest U.S. crypto exchange, CoinDesk, published a report on Alameda Research (Bankman-Fried’s original FTX crypto trading firm) and its leaked balance sheet. This revealed that Alameda Research was wildly overleveraged by the FTT token issued by FTX itself. This is the equivalent of me telling you that I have tons of money in the bank and when you look at my vault, you see that the “money” I have are pictures of my cats with word bubbles saying “I.O.U purrr.”

FTX customers began trading off their digital assets and hitting FTX with a reported $5 billion in withdrawal requests, forcing the firm to pause customer withdrawals. FTX quickly realized it needed to find big investors.

Then the other crypto trade and exchange giant, Binance, announced that it would be getting out of the FTX token business. This led FTT token prices to beginning to drop exchange value of over $26 a coin to a lot less over the next few hours. FTT sits at $1.56 as of the writing of this story.

The following day, Binance announced it had reached a deal with its rival to buy out FTX. Twenty-four hours after that, Binance walked away from this deal, stating that “as a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of FTX.com.”

Two days later, Alameda Research filed for bankruptcy. The Wall Street Journal reported that Bankman-Fried was telling his investors that Alameda Research owed FTX about $10 billion. By then, SBF had also resigned his position. Why did his one company owe this other company more than half of the other company’s supposed customers’ money? You don’t have to be a finance wizard to understand.

Bankman-Fried seems to have used most of his customers’ money (FTX) in order to cover loans his trading firm (Alameda Research) had received to gamble with but had lost.

The following day, reports came out that “between $1 billion and $2 billion in client money is unaccounted.”

Politico reports that some of that money being spread around Congress is being given back symbolically right now:
Campaigns for Reps. Chuy García (D-Ill.) and Kevin Hern (R-Okla.) have given local charities money equal to the amount they received from FTX leaders, according to their spokespeople.

But I thought this was a big Democratic Party money-laundering scam? Bankman-Fried reportedly funneled almost $40 million into Democratic Party hands through direct contributions and super PACs.

What has been lost in all of this is that is Salame served as co-CEO of FTX Digital Markets Ltd., hanging in the Bahamas with Bankman-Fried. Instead of showering Dems with money like SBF, Salame donated around $24 million to Republicans. Between the two men, their bases were covered. Anyway, as The Berkshire Eagle points out, Salame, just like Bankman-Fried, has some dubious finance questions to answer. One of the FTX units, FTV Trading Ltd., seems to have an outstanding loan with Salame of (checks notes) $55 million. Yeeghaaaad, man!

As of right now, Forbes reports that lawyers for the “liquidators” of FTX are battling between whether to allow the Chapter 15 filing for the Bahamas-based business to take place in Delaware or New York. FTX has turned over control of the bankruptcy of the company to John J. Ray III. If you remember that name, it’s because he was the same “restructuring specialist” who handled Enron’s collapse.

Is this the last you and I will speak about FTX?

Probably not. Throw it on the Hunter Biden pile of investigations.

The sad part here is that there really is something here to investigate, and there is a very good chance that lots of elected politicians with red and blue badges have some skin in the game. Unfortunately, Marjorie Taylor Greene isn’t the kind of broken clock that tells the time right twice a day—she’s special in that way. The crypto world is made up of a lot of Ponzi schemes. Some might argue there is no crypto market that isn’t a Ponzi scheme.

Nicholas Weaver is a senior staff researcher at the International Computer Science Institute and lecturer in the computer science department at UC Berkeley. He has been very critical of cryptocurrencies. During an interview in May, he said the last decade with unregulated cryptocurrency markets open to the world has been like “speed-running 500 years of financial history” with booms and busts and every example of why regulatory markets were adopted in our financial market in the first place.

The fact of the matter is that there is a good chance more crypto exchanges and trading firms will go down in flames with the failure of FTX. How deep FTX’s penetration is into the market on the whole remains to be seen, and what will come of this in regards to oversight also remains to be seen. It is a big fish going down, and there will be all kinds of waves.

And how about this.

And this is also interesting.