Zero Hedge

Pair Of US Long-Range Bombers Buzz Venezuela's Coast For 2nd Time In A Week

Pair Of US Long-Range Bombers Buzz Venezuela's Coast For 2nd Time In A Week

Two US Air Force B-1B "Lancer" Long-Range Heavy Bombers have once again buzzed Venezuela's coast on Monday, reportedly coming to within less than 50 miles from the capital of Caracas.

Open source analysts tracking the flights also noted that several points the bombers likely came within only a few miles of the country's national airspace.

Monday's flights mark the second time in a week that US bombers flew from a base in the mainland US to the Caribbean. This time the pair of warplanes circled south of the Dominican Republic, and made a run very near to Venezuela's coast.

It marks the third time such a bomber flight took place overall, since recent weeks have witnessed US tensions with the Maduro government soar, and at a moment regime change looks to be on the table, based on threatening words from Trump admin officials.

USAF file image

Late in the afternoon Monday, AFP confirmed the flights with the following details:

The flight of the long-range supersonic bombers comes as Washington carries out a military campaign against alleged drug traffickers in the region, deploying forces that have sparked fears in Caracas that regime change is the ultimate goal.

Data from tracking website Flightradar24 showed the two bombers -- which took off from a base in the northern US state of North Dakota -- flying parallel to the Venezuelan coast before disappearing from view.

The flight path around Dominican Republic:

Previous to this fresh run, last Thursday was the last publicly known time that US bombers flew near Venezuela.

There's been a lot of speculation of late over just what President Trump intends to do with the unprecedented US military build-up in the Caribbean. There's concern that he is preparing to launch imminent military action against the Maduro government, per a recent report in the WSJ:

The U.S. has seldom flown bombers near South America in recent decades, usually carrying out just one planned training mission a year. But more missions involving bombers could be carried out soon, according to two defense officials. 

Thursday’s flights signal “seriousness and intent,” said David Deptula, a retired Air Force general and Dean of the Mitchell Institute for Aerospace Studies, an aerospace think tank. “You’re bringing an enormous set of capabilities…endurance, payload, range and precision,” he said.

There's also starting to be a mainstream media drumbeat for war, as tends to happen when a nation gets labeled "rogue regime" and the hawks start circling...

The US Southern Command (SOUTHCOM) had earlier this month described its first bomber flights near Venezuela as a "bomber attack demonstration mission" in skies over the southern Caribbean. It could be a 'dry run' for imminent war, or else major attacks on cartels.

Tyler Durden Mon, 10/27/2025 - 20:30

Dallas Doctor Surrenders License After Texas AG Sues For Prescribing Gender Transition Drugs To Minors

Dallas Doctor Surrenders License After Texas AG Sues For Prescribing Gender Transition Drugs To Minors

Authored by Aldgra Fredly via The Epoch Times (emphasis ours),

A Dallas-based doctor has surrendered her medical license following a lawsuit filed by Texas Attorney General Ken Paxton in 2024, accusing her of illegally prescribing gender transition drugs to minors.

Texas Attorney General Ken Paxton speaks outside the U.S. Supreme Court in Washington on Nov. 1, 2021. Drew Angerer/Getty Images

Paxton announced on Oct. 24 that Dr. May C. Lau has given up her state medical license but that the legal case over her alleged violation of Texas’s ban on gender transition treatment for minors is still ongoing.

May Lau has done untold damage to children, both physically and psychologically, and the surrendering of her Texas medical license is a major victory for our state,” Paxton said in a statement.

“My case against her for breaking the law will continue, and we will not relent in holding anyone who tries to ‘transition’ kids accountable.”

Records from the Texas Medical Board indicate that Lau’s medical license was “canceled by request” earlier this month.

Her attorney did not respond by publication time to a request for comment.

The lawsuit, filed by the state of Texas in October 2024, alleged that Lau prescribed high-dose cross-sex hormones to 21 minors for the purpose of gender transitioning.

The case falls under Senate Bill 14, a law that took effect in September 2023 and was upheld by the Texas Supreme Court in June 2024. The legislation prohibits gender transition medical procedures for minors, including surgeries, puberty blockers, and cross-sex hormones.

The law also mandates that the Texas Medical Board shall revoke the medical license or other authorization to practice medicine of a physician who violates its provisions.

According to the lawsuit, Lau allegedly prescribed testosterone, which is a controlled substance, to female minors as part of treatments intended to alter their gender or affirm a gender identity different from their biological sex.

The lawsuit further alleged that Lau falsified medical and billing records “to mislead pharmacies, insurance providers, and/or patients” into believing the testosterone prescriptions were for other medical reasons.

Lau entered into a Rule 11 agreement with the state of Texas earlier this year, which prohibits her from practicing medicine on patients entirely while the case is still ongoing.

Under the agreement, Lau is prohibited from prescribing or billing for treatments “that are for the purposes of transitioning a minor’s biological sex” and from using false diagnoses or billing codes to affirm a gender identity inconsistent with a minor’s sex.

Paxton brought similar charges against two other doctors—El Paso-based Dr. Hector Granados and Dallas-based Dr. Brett Cooper—under the same legislation in 2024. Cooper has signed a Rule 11 agreement with Texas, and Granados was subjected to a court-ordered temporary injunction, according to the attorney general’s office.

Chase Smith contributed to this report.

Tyler Durden Mon, 10/27/2025 - 20:05

MAHA's Moment To Prove Itself: The 2026 Midterms

MAHA's Moment To Prove Itself: The 2026 Midterms

Authored by Philip Wegmann via RealClearPolitics,

President Trump leafed through the MAHA report moments before its public release, scanning the document that laid the blame for chronic disease in children on everything from ultra-processed foods and a lack of exercise to toxic chemicals and overprescription of medicines.

He asked only one thing when he looked up from his reading: How many of its recommendations could be implemented and how quickly?

Cabinet members replied that they were prepared to move quickly. Trump signaled his satisfaction but, according to sources in the East Room that day last May, delivered a warning. Before staff opened the roundtable discussion to the press, the president told his people, “If you don’t get it done, you’re fired.”

The celebrity president often recycles his famous catchphrase from his era in reality television, but while he became famous for rather unceremoniously firing members of his first administration, he has not given anyone the boot during his second White House season. Whether it was a quip or a threat, the message was received. Trump is serious about cementing the MAHA movement into the greater MAGA coalition, especially before the coming midterms.

Between 4 and 6% of non-Trump voters backed him for the first time last November precisely because he adopted the vow of Robert F. Kennedy Jr. to “make America healthy again.” As Republicans now look down ballot, they hope to bottle that “MAHA bounce” to save their congressional majorities. Sources inside the administration and allies outside of it believe that embracing the movement would not only deliver new voters but also give the GOP a ready answer on how to talk about health care.

“It is just an incredible gift to the Republican Party,” Tony Lyons who now leads MAHA PAC – the political action committee most associated with the movement – told RealClearPolitics. Trump doesn’t believe it came with a gift receipt. He has already embraced, and personally advanced, much of the movement’s agenda.

Trump brought the Presidential Fitness Test back to public schools and advertised the gym exam as “a wonderful thing.” His administration has pressured corporations to ditch artificial food dyes, taken steps to make sugary drinks and soda ineligible for food stamps, and banned the prescription of ingestible fluoride for children. He floated a disputed theory about the connection between the painkiller acetaminophen and childhood autism, telling pregnant women to “tough it out” rather than take Tylenol.

Some of the moves have been more controversial than others. Kenvue, the manufacturer of Tylenol, for instance, disputed Trump’s claim, citing “independent, sound science.” But a senior administration official heralded Trump all the same for “embracing messy conversations around agriculture, vaccines, and pharmaceutical product.” It was evidence, the official told RCP, that the administration is willing to “touch the hot stove” if it means fostering a debate about the health of the nation.

It is also a signal to some health-conscious voters, many of whom voted Democratic prior to 2024, that they have a home in the Republican party. “Right now, these Trump voters – the GOP is just renting them,” Trump pollster John McLaughlin told RCP. Speaking of the coalition Trump cobbled together consisting of disaffected Democrats and traditionally liberal constituencies, he added that Republicans “need to make a decision if they’re going to make them permanent.”

After Trump brought MAHA voters into the fold, according to a senior administration official, the question now is whether “it is a credible statement to say that MAHA is an important tool to broaden the Republican coalition and win future elections.” The GOP will have to swim alone in populist waters someday, the official added, while explaining the urgency on the right to solidify the realignment that Trump achieved in 2024: “There’s a growing sense that we need to have MAGA outlast Trump.” Hence, the efforts to keep MAHA onboard ahead of the midterms.

Republicans are still trying to figure out MAHA. The sentiment is simple enough. The movement is new as a political force and hardly a monolith. It is a patchwork of factions worried about everything from food safety to the pharmaceutical industry. One corner obsesses over the use of pesticides in agriculture. Another focuses entirely on the alleged link between autism and childhood vaccines. To critics, it is a collection of cranks, kooks, and online hustlers looking to earn a quick buck.

But the problems that the movement identifies have been undeniable for some time, even if the MAHA prognosis is not accepted.

“This is about the future of America. We’ve become the sickest, fattest, most disease-ridden nation in the world,” said Gary Brecka, host of “The Ultimate Human” podcast with a following in the millions. “We shouldn’t be proud of the fact that we spend $5 trillion a year on health care, and yet, we lead the world in things like morbid obesity, Type 2 diabetes, and multiple chronic diseases in a single biome.”

That is, not coincidentally, the same conclusion that the MAHA presidential coalition reached in a report authored by Secretary Kennedy. The kids are not all right, the HHS secretary concluded, calling them “the sickest generation in American history.”

The pandemic rattled the cage of the world and certainly of America,” Brecka told RCP as he explained how the health focus that used to be predominantly a mainstay of blue enclaves like Brooklyn crossed over into red, and often rural, America. As far as the criticism goes, he replied, “The basic premise of science is a hypothesis, which is a question, right? And it’s very fascinating to me, that by asking questions about ‘the science’ that is somehow anti-science, when, in fact, it’s actually the very foundation of science itself.”

Credentialed experts will quibble with, and have already criticized, that sentiment. Those focused on the business of political science, namely winning elections, report that MAHA will be potent in the midterms.

The movement remains popular across the political spectrum, including among Hispanic and black voters, according to a survey conducted over the summer by the Republican polling firm co/efficient. New polling released earlier this month by KFF (formerly Kaiser Family Foundation), meanwhile, found that nearly four in 10 parents, 38%, identify as MAHA supporters. Whether skeptics or disciples of the movement, parents overwhelmingly identified the same set of issues facing children’s health from social media to the prevalence of highly processed foods and the rise of obesity.

Those numbers point to an opening, said Ryan Munce, president of co/efficient. Health care remains a perennial political issue. Republicans are historically very good at articulating what they oppose, namely Obamacare. Opposition to the Affordable Care Act helped sweep GOP majorities into Congress in 2010 and 2014 and Trump into the White House in 2016. Now Munce is encouraging candidates “top to bottom” to embrace MAHA as a positive platform.

If we don't have those mid- to long-term solutions to what’s truly not a health care crisis, but a health crisis, in this country, the rest of the conversation about ‘is my premium going to be 10% higher or lower,’ while very important in the everyday,” he said, will obscure “the overall story.” In a word, Munce and other MAHA political operatives told RCP they are stressing something holistic.

Vani Hari agrees. “It is the answer,” she said, “because it’s the preventative answer, the answer to how you get out of a health care system that's killing you, that’s killing all of us.” A former Democrat who served as an Obama delegate at the 2012 Democratic National Convention, she built a brand as “the Food Babe,” attracting a social media following in the millions with her warnings about ingredients in food she considers toxic. But now it is Republicans, not Democrats, who are scrutinizing the food industry and setting themselves up for political gain, said the woman the New York Times dubbed “the Taylor Swift of the MAHA moms.” Hari describes the current moment, and next November, as “for sure a reckoning.”

The GOP should not take that coalition as a given. While Trump and RFK Jr. have earned their support, Hari said that Republicans down-ballot still need to prove that they are on board. “We are going to do the side-by-side comparison for the candidates,” she told RCP, likening political analysis to the “side-by-side of ingredients” parents do in the grocery store when choosing between brands.

Her question will be, “How MAHA are they?”

The closest thing the movement has to a political nutritionist may be MAHA PAC, a super PAC founded by former RFK Jr. campaign staffers. Lyons, the leader of that organization, insists that the same voters who buoyed Kennedy in the Democratic primary, and later Trump in the general election, are about to prove themselves in the midterms. He believes the administration has delivered “dramatic wins” and made “incredible progress” acting unilaterally from the executive branch.

“But the fight is far from over,” he said. “We need the support of lawmakers to complete the mission, and we can offer our support, backed by millions of voters for whom health is an existential issue and millions of dollars that we’re raising from passionate donors.”

Among the MAHA faithful still waiting for more from Congress is activist Kelly Ryerson, who goes by “the Glyphosate Girl” on social media. The moniker is a reference to a key ingredient in some Roundup weed killers and a chemical culprit in certain cancers. Trump promised to crack down on pesticides. His administration has yet to rein in that industry, a fact that has disappointed some activists. First, the MAHA report seemed to go easy on the issue. Then, House Republicans advanced a spending bill that includes what critics call “a liability shield” for pesticide companies.

More than 200 MAHA activists, including Ryerson, penned an open letter to Trump warning that if Republicans do not crack down, “they risk losing both moral ground and political support.”

They were not subtle. “Mr. President, creating broad liability protections for pesticides is a losing issue for your party and your coalition,” the undersigned added, “and may well cost you the House majority in the midterms.”

Ryerson clarifies that she is thrilled with the president. She met with the EPA, FDA, and USDA during the Biden administration but never saw the same kind of results. She described Trump 2.0 to RCP as “a completely different ballgame” and insisted she still had “confidence that the goal is still to basically detoxify our food system.” Her frustration is with Congress.

And it could boil over.

Ryerson reports that there have been early conversations among some in the MAHA movement about backing primary challengers “to challenge the Republicans who just are not coming along.”

On Capitol Hill, Republicans have played nice with Kennedy. They have mostly welcomed the former Democrat into their ranks. He is, after all, the most popular member of the president’s cabinet at the moment. But the HHS secretary drew the ire of lawmakers with his plan to remake the Centers for Disease Control and Prevention, specifically its vaccine advisory panel.

The MAHA crowd has consistently called for more oversight of vaccines. Some draw a direct link between an increase in childhood autism diagnosis and a vaccine schedule they deem too aggressive, though medical experts widely dismiss that allegation. A clash came in committee last month.

Louisiana Sen. Bill Cassidy, a physician before politics, asked Kennedy if Trump deserved the Nobel Prize for Operation Warp Speed, the pandemic-era project that developed a COVID-19 vaccine in record time and has been credited with saving millions of lives. The HHS secretary said yes. Why then, alleged Cassidy, had he consistently opposed mRNA technology both as a private attorney and a public servant?

“As lead attorney for the Children’s Health Defense, you engaged in multiple lawsuits attempting to restrict access to the COVID vaccine,” Cassidy said. “It surprises me that you think so highly of Operation Warp Speed when as an attorney, you attempted to restrict access to the COVID vaccine.” 

Kennedy countered that the COVID vaccine was effective against a particular mutation of the virus at a particular moment in time and noted that Trump had never supported a mandate. Cassidy then read from a letter from a medical colleague detailing confusion over which patients ought to receive the COVID shot. The FDA had just approved an updated vaccine for anyone age 65 and older, and any child six months or older with an underlying health condition that places them at increased risk of the virus.

“I would say effectively we are denying people vaccine,” the senator said.  

“You’re wrong,” the secretary replied.

Cassidy was not the only Republican to voice displeasure. Wyoming Sen. John Barrasso, a physician and the second-ranking Republican in the upper chamber, reminded Kennedy that “in your confirmation hearings, you promised to uphold the highest standards for vaccines.” The changes Kennedy had made at HHS and CDC, he concluded, had left him “deeply concerned.”

It was a rare flashpoint between the administration and a generally accommodating Congress. But it isn’t likely to inspire Republican-on-Republican violence. Republican incumbents can breathe a sigh of relief as far as MAHA PAC is concerned. Lyons told RCP his organization isn’t looking to help mount a challenge from their flanks. He said that it wouldn’t be “the right move” for MAHA to tell lawmakers that “we’re going to primary them if they don’t do this or that.”

The political message of MAHA, according to Lyons, is that the coalition wants “to educate people and we want them to see the enormous potential for winning in the midterms based on this issue.”

Tension still lingers under the surface as the realignment continues. Asked about the criticism from Barrasso and Cassidy, a senior administration bristled to RCP that the pair “have been accepting pharmaceutical donations all their life.”

A Barrasso spokeswoman flatly dismissed that criticism, noting that the majority whip helped rally Republican support for Kennedy’s nomination both in committee and on the floor. They added that the senator-physician “has always been pro-vaccine but anti-mandate,” a position "no different” than that of Trump. Cassidy similarly voted for Kennedy and has also publicly praised several MAHA initiatives from getting petroleum-based dyes out of foods to demanding additional accountability from the pharmaceutical industry.

Cassidy and Barrasso introduced a resolution earlier this week to nominate Trump for the Nobel Peace Prize for launching Operation Warp Speed. The MAGA crowd would love to see Trump win, but they have largely soured on the product of that initiative.

Recent polling from the president’s own pollster, Tony Fabrizio, found that just 22% of Trump voters now believe it is currently “important” to receive the COVID jab. They are, however, overwhelmingly supportive of vaccines in general. A clear majority of Trump supporters, 73%, agree with the sentiment that “vaccines save lives.”

Trump still brags about Operation Warp Speed. He recently called it “one of the greatest things a president has ever done for this country, and you could say the world.” According to a report by the White House physician when Trump underwent a physical at Walter Reed Medical Center this month, he received the flu shot and a COVID-19 booster shot.

Democrats are already looking forward to the midterms and probing for fractures in the MAHA-MAGA alliance. Many of those voters, after all, once called the Democratic Party home.

“Trump and RFK Jr. are actively putting Americans at risk. They’ve alienated huge swaths of Americans by making it harder to get popular and safe vaccines, shamed pregnant women for using Tylenol, and disregarded the advice of doctors and medical experts,” said DNC spokeswoman Kendall Witmer. “Meanwhile, Trump and RFK Jr. have broken key promises they made to the MAHA movement on everything from pesticides to pollution to childhood diseases,” she added. “With the midterms approaching, the coalition that put Trump in office is falling apart, as Trump and RFK Jr. become a liability to Republicans down ballot.”

Some friction is to be expected between the GOP and the various MAHA sects. Ryerson chalked up the disconnect to a generational and ideological divide. Younger, health-forward voters recently brought into the Republican fold will have their differences with the old guard. But they aren’t likely to break with the right so long as Kennedy is at Trump’s side.

Each time there is a hearing, and you see Democrats just tear RFK Jr. apart,” Ryerson said, “it is a good thing for Republicans.” This provides an opportunity for the GOP to reprise their role, she said, as “the MAHA component.”

And in this way Trump hopes to cement that part of his winning 2024 coalition into the fabric of his newly realigned party. White House spokesman Kush Desai reiterated that Trump has “full confidence” in Kennedy and endorses the overall mission of MAHA.

“The MAHA Agenda isn’t just a set of federal policy proposals, but a grassroots movement that’s revolutionizing the health decision-making of food companies, restaurant chains, and everyday Americans,” Desai said. “The administration is committed to building on this movement and uniting the Americans who want to restore American Greatness in every sense.”

Ahead of the midterms, if some get their way, this means adopting the MAHA message as the GOP answer on health care.  

Tyler Durden Mon, 10/27/2025 - 17:40

Latin American Political Earthquake: Milei's Midterm Victory In Argentina Puts Chile In Focus Ahead Of Elections

Latin American Political Earthquake: Milei's Midterm Victory In Argentina Puts Chile In Focus Ahead Of Elections

After Javier Milei's surprise midterm victory in Argentina (documented here), along with the market reaction (see the Goldman note here), attention now shifts across the Andes to Chile's first-round presidential election next month.

Cryptocurrency-based prediction market Polymarket shows a potential victory for conservative free-market candidate Jose Antonio Kast, who is politically aligned with Jair Bolsonaro in Brazil and Milei in Argentina. The trend suggests that socialist power in Latin America may be weakening. 

Chile Presidential Election:

  • Kast: Social conservative, focuses his campaign on crime and immigration. Promises spending cuts, but would need congressional alliances to govern, limiting drastic policy moves.

  • Johannes Kaiser: Anti-establishment libertarian, similar to Milei, but with limited support.

  • Jeannette Jara (leftist, Communist Party affiliation): Seen as market-negative. If she outperforms in the first round, Chilean assets could fall. However, like Boric, she would likely face institutional constraints.

  • Evelyn Matthei (center-right): Viewed as the most investor-friendly but has struggled to differentiate herself. Could outperform polls as a moderate alternative.

Polymarket: Chile Presidential Election 

Bloomberg noted that investors are pricing in a Kast win, expecting market-friendly governance. Chilean equities just set another intraday record, while the peso's implied volatility is ultra-low. 

However, a Jara surprise would likely unleash peso weakness and equity underperformance, given her communist allegiance. 

Meanwhile...

UBS analyst Roque Montero told clients, "And while a shift to the right seems possible in the Dec runoff with Kast (Republicanos, right-wing party) still ahead in the polls, we are uncertain if they will represent a structural turning point for the economy and markets." 

It appears Latin America is ditching socialism in real time...

However, back in the U.S. ... Socialists and Communists are planning their takeover of NYC. 

. . . 

Tyler Durden Mon, 10/27/2025 - 17:20

Task Forces Launched To Eliminate Violent Crime By Foreign Gangs, Cartels

Task Forces Launched To Eliminate Violent Crime By Foreign Gangs, Cartels

Authored by Naveen Athrappully via The Epoch Times (emphasis ours),

The FBI and Homeland Security Investigations (HSI) have introduced new task forces cracking down on foreign gangs operating in the United States, the FBI said in a statement released on Oct. 24.

FBI agents patrol Beale Street in Memphis, Tenn., on Oct. 5, 2025. Travis Gillmore/The Epoch Times

These new teams, known as Homeland Security Task Forces, bring together FBI and HSI personnel—as well as task force officers from local, state, and federal partner agencies—to investigate transnational organized crime activity such as drug trafficking and human trafficking that occurs across all 50 states, the nation’s capital, and Puerto Rico,” the agency said.

According to the FBI, the task force is focused on “rooting out violent crime committed by foreign gangs, cartels, and other transnational criminal organizations impacting the United States.”

In an Aug. 8 statement, Immigration and Customs Enforcement (ICE) said it had arrested 356 gang members in the first six months of the Trump administration, who combined had been convicted of nearly 1,700 criminal offenses and had entered the United States illegally more than 1,400 times.

Arrested individuals included convicted murderers, thieves, child predators, and arsonists, the agency said. One individual was found to have illegally entered the country 40 times.

In total, members from 40 different gangs were arrested, including 39 individuals from the Salvadoran gang MS-13 and 25 from Venezuela’s Tren de Aragua gang.

On Oct. 16, ICE announced it had arrested more than 1,400 illegal immigrants in Massachusetts, including those related to transnational criminal gangs. Six of the arrested individuals were documented members of these gangs, and several more were associates.

In its recent statement, the FBI said the Homeland Security Task Forces will target criminal acts such as drug trafficking, homicide, extortion, money laundering, weapons trafficking, alien smuggling, kidnapping, and human trafficking.

Targeted groups will include those recently designated as foreign terrorist organizations by the federal government.

In February, the State Department designated multiple Mexican drug cartels and transnational criminal gangs as global terrorist organizations, including Tren de Aragua, MS-13, and the Sinaloa cartel.

The FBI said that although immigration investigations are not the focus of the task forces, investigators may examine immigration-related aspects as part of their probes.

In addition to the FBI and the HSI—an arm of the Department of Homeland Security (DHS)—task forces will include personnel from more than 15 federal agencies, such as Customs and Border Protection (CBP), the Department of War (officially the Department of Defense), Internal Revenue Service Criminal Investigation, and the Drug Enforcement Administration.

The task forces have been formed in response to a Jan. 20 presidential action signed by President Donald Trump, “Protecting the American People Against Invasion.” The order highlighted the dangers posed by the influx of millions of illegal immigrants into the country who present “significant threats to national security and public safety, committing vile and heinous acts against innocent Americans.”

It directed the attorney general and the secretary of Homeland Security to jointly set up Homeland Security Task Forces in all 50 states.

Threat of Transnational Gangs

According to ICE, transnational gangs take advantage of differences in law enforcement capabilities and legal jurisdictions to avoid detection and prosecution.

These groups focus on taking over the power and reach of other gangs, and competition between them leads to violence that affects the communities they operate in.

The violence and intimidation unleashed by the gangs create an environment of insecurity and fear in communities, and people refuse to cooperate with law enforcement because of concerns about their personal safety, ICE said.

On Sept. 2, Trump announced that U.S. forces in the Caribbean fired on what officials said was a drug boat from Venezuela, which ended up killing 11 Tren de Aragua members.

Talking about the incident during a Sept. 3 press conference, Secretary of State Marco Rubio said losing a small amount of drugs via seizures by U.S. forces was already factored into the economics of Mexican cartels and that stronger action is necessary to thwart such threats.

“Interdiction doesn’t work,” he said. “What will stop them is when you blow them up, when you get rid of them. So they were designated as what they are—they are narco-terrorist organizations.

“[Trump is] going to wage war on narco-terrorist organizations.

This one was operating in international waters, headed towards the United States to flood our country with poison, and under President Trump, those days are over.”

ICE deported several Tren de Aragua gang members, sexual predators, and other violent illegal immigrants from the United States back to Venezuela on Oct. 15, the DHS said in a statement.

“These public safety threats are out of the country and no longer pose a threat to Americans,” DHS Assistant Secretary for Public Affairs Tricia McLaughlin said.

Under the Trump administration, “more than 2 million illegal aliens have left the U.S.,” she said.

Meanwhile, CBP reported that illegal border crossings are now at historically low levels and that those who do cross are prosecuted swiftly.

According to the agency, there have been zero parole releases in September, “compared to 9,144 released by the Border Patrol under the Biden administration along the southwest border in September 2024.”

Tyler Durden Mon, 10/27/2025 - 17:00

"A National Disgrace": Largest Federal Worker Union Sides With GOP Plan To End Shutdown

"A National Disgrace": Largest Federal Worker Union Sides With GOP Plan To End Shutdown

The nation's largest union of federal workers has called on Congress to pass a 'clean' short-term funding bill to immediately end the government shutdown which is now in its fourth week. 

Representing over 800,000 federal and Washington government workers, the American Federation of Government Employees argued that the shutdown was an "avoidable crisis" that harms American families and workers nationwide.

"Both political parties have made their point, and still there is no clear end in sight," said AFGE President Everett Kelly. "It’s time to pass a clean continuing resolution and end this shutdown today. No half measures, and no gamesmanship."

Notably, Republicans have repeatedly pushed for exactly this - a 'clean' continuing resolution that keeps the government open. Speaker Mike Johnson (R-LA) has urged Senate Democrats to support it with no success, while many other House Republicans support the clean CR that the House already passed which would keep funding at current levels. 

Senate Democrats have repeatedly voted down these 'clean' CRs. 

"When the folks who serve this country are standing in line for food banks after missing a second paycheck because of this shutdown, they aren’t looking for partisan spin," Kelly said on Monday. "They’re looking for the wages they earned. The fact that they’re being cheated out of it is a national disgrace."

While federal workers are guaranteed back pay once the government reopens, the Senate last week rejected a GOP-led effort to pay active-duty members of the military and certain federal workers during the shutdown - with Democrats insisting that they would back a proposal to pay all federal workers and prevent the Trump administration from firing anyone during the shutdown. 

"It’s time for our leaders to start focusing on how to solve problems for the American people, rather than on who is going to get the blame for a shutdown that Americans dislike," said Kelly. 

*  *  *

Tyler Durden Mon, 10/27/2025 - 16:40

'Imagine That': 24 Years After 9/11, Democrats Are Running A Jihadi Communist For NYC Mayor

'Imagine That': 24 Years After 9/11, Democrats Are Running A Jihadi Communist For NYC Mayor

Authored by James Howard Kunstler,

Antifa Out, Mamdani Ascendant...

“Protests are meant to be the voices of the unheard. Yet these protests are the voices of those who never shut up.”

- Unnamed Observer of No Kings, reported by Roger Kimball

Over the weekend, you might have noticed, the Portland, OR, police cleared out the Antifa encampments down around the city’s ICE facility, carted away their lavish riot supplies, and warned them not to congregate on the street there. For now, anyway. Hmmmm. . . . Why do you suppose that happened? Antifa has been rioting freely around federal buildings in Portland since the Summer of Floyd, 2020. Did the police suddenly notice that Antifa has been disturbing the peace?

So far, nobody in the news media has bothered to ask the Portland Police honchos about this sudden change of heart, nor did the honchos venture to say. Did word come from higher up to finally put a stop to Antifa’s psychotic monkeyshines? Like, from Mayor Keith Wilson or Oregon Governor Tina Kotek? Wouldn’t you say those two have got some ‘splainin’ to do?

After all, the Antifa actions at this particular address were not just peaceable assemblies petitioning the government for redress of their grievances, as the Constitution has it. They were often violent efforts to interfere with federal officers going about their duties, namely, the expulsion of illegal border-jumpers. Left unsaid by the aforementioned persons in authority was whether they were in on that interference.

You can probably assume that they were. They represent the Democratic Party, and that is who allowed millions to jump the border between 2021 and 2025 under “Joe Biden,” evidently to lard their voter rolls and enable never-ending ballot fraud. The law is pretty clear about all that. If you come here without due process, you are subject to deportation. The gang behind “Joe Biden” tried to get around that by claiming that the millions flooding in were all “asylum seekers,” every last one, and thus here within due process of the immigration laws.

That was simply not truthful. It was as fake as the “Joe Biden” presidency itself.

Of course, there is the looming matter of Mr. Trump’s proffer to send in federal troops to protect ICE officers while they see to their duties. Also, days ago, White House Deputy Chief of Staff Stephen Miller remarked that state and local politicians who interfere with ICE operations could face arrest and prosecution for criminal conspiracy, obstruction of justice, or even seditious conspiracy. Is that conspiracy theory? No, it just recognizes agreement between two or more parties to engage in criminal conduct, falling under federal statutes 18 U.S.C. § 371 plus 18 U.S.C. § 1503 (obstruction of justice) and 18 U.S.C. § 2384 (conspiring to levy war against the government, prevent, hinder federal duties, opposing federal authority, et cetera).

The penalties for those crimes can be heavy. Governors such as Tina Kotek, or JB Pritzker, or Gavin Newsom, or my own Kathy Hochul here in New York could face up to twenty years in prison on raps like that. Mr. Miller is giving notice that the new administration is not fooling around. We have lived through an era when fooling around was allowed and promoted. It did quite a bit of damage to the nation. Things have changed.

These moves by such bumptious pols also have the look of skirmishes preceding something that smells like Civil War, which is to say, insurrection.

As a kind of sadistic object lesson, the Democratic Party is running a Jihadi communist for mayor of the nation’s premier city, New York. Imagine that, twenty-four years after 9/11! The cheek! Zohran Mamdani has run his campaign on the credible issue that the city is unaffordable for the non-rich. He is surely correct about that, though he misunderstands why that is.

I will tell you why that is: because all the Leftist progressive (socialist / communist-inflected) policy of the past eighty years in New York City has made property ownership and management almost impossible, including especially decades of their favorite ploy, rent control, and has created an artificial shortage of affordable housing in particular. Then, the Covid-19-era rent payment moratorium drove a stake through the heart of affordable housing. How can you take care of a building in which tenants do not pay any rent? How can that be a credible business? Do you understand that property management is a business? It has to pencil-out, cover its costs, make a profit.

Zohran Mamdani wants more of that, affordability-by-decree, which means he will for sure get less affordable housing and more property that no one wants to take care of — which is what slums are. That, plus a lot of other so-called policies aimed at persecuting anybody crazy enough to do business at any scale in New York. So, Zohran Mamdani and his delirious supporters are joyously marching into the wreckers’ ball for New York. Jihad is just the cherry on top of all that.

Mr. Mamdani is apparently a sure thing to get elected on November 4. Of course, Hillary was a sure thing, too, back in 2016, so we’ll just have to stand by and see, but his two opponents in the race are about the sorriest figures ever seen in a city that has historically produced cavalcades of political rogues, morons, and scoundrels.

The less obvious outcome, though, given Mr. Mamdani’s youth, lack of administrative experience, and cargo of hopeless ideologies, is that corruption and racketeering will run wild during his years in City Hall. It will make the Boss Tweed era look like a political golden age.

Tyler Durden Mon, 10/27/2025 - 16:20

Trump Says Willing To Extend Asia Tour For Meeting With North Korea's Kim

Trump Says Willing To Extend Asia Tour For Meeting With North Korea's Kim

Via The Libertarian Institute 

As President Donald Trump headed to Malaysia on the first leg of his Asia tour, he told the media to "put out the word" that he would like to meet with North Korean Supreme Leader Kim Jong-un

"They have a lot of nuclear weapons, but not a lot of telephone service," Trump said on Friday. The President met with Kim three times during his first administration. While the summits led to a significant decrease in tensions on the Korean Peninsula, Trump failed to make a deal with Kim. 

AFP via Getty Images

Since Trump returned to the White House, top North Korean officials have said that Kim is willing to meet the President again, but Washington must remove its demand that Pyongyang give up its nuclear weapons.

Secretary of State Marco Rubio has restated the long-standing policy in Washington that any deal with Pyongyang must include denuclearization

The Wall Street Journal spoke with current and former US officials who admitted that North Korea was unlikely to give up its nuclear weapons:

Recognizing North Korea as a nuclear state would be a dramatic shift in U.S. policy, which for decades has aimed to persuade Pyongyang to dismantle its arsenal with a mix of economic and diplomatic pressure.

Ending that stance would usher in a new era in U.S. relations with North Korea, one where the two countries engage as fellow nuclear powers instead of fierce adversaries.

Trump referred to North Korea as "sort of a nuclear power." He added, "I know how many weapons they have. I know everything about them. They have a lot of nuclear weapons."

And on Monday, the Washington Post reports:

So much so, Trump suggested aboard Air Force One on Monday, that he would extend his nearly week-long trip to make the meeting happen, if Kim agrees.

“It’s our last stop, so it would be pretty easy to do,” Trump told reporters on his way to Japan, when asked whether he would delay his return to Washington on Thursday if it meant meeting with the totalitarian state’s leader.

Two US officials said that the US had not reached out to Kim before the summit, and Trump’s statement was the first invitation to North Korea for a head-of-state meeting. 

While North Korea has not committed to meeting with the US, Kim has noted that he has a positive relationship with Trump.

Tyler Durden Mon, 10/27/2025 - 15:45

Amazon Plans To Axe 30,000 Corporate Jobs, Cuts Begin Tuesday

Amazon Plans To Axe 30,000 Corporate Jobs, Cuts Begin Tuesday

Late in the U.S. cash session, Reuters dropped a startling headline: Amazon is preparing to take a Javier Milei-style axe to its corporate workforce, planning to slash upwards of 30,000 jobs as soon as tomorrow.

Reuters, citing three people familiar with the matter, said the 30,000 corporate job cuts set to begin tomorrow will amount to approximately 10% of Amazon's corporate workforce of about 350,000 employees. However, the cuts represent a relatively small share of the company's total workforce, which includes about 1.55 million warehouse and delivery workers.

The planned layoffs are aimed at reducing costs and reversing pandemic-era overhiring.

If confirmed, this would be Amazon's largest round of layoffs since it cut about 27,000 jobs beginning in late 2022.

Shares of Amazon fell after the report, reversing some gains in the cash session.

Just wait until AI-related job losses begin to pick up for the e-commerce giant... 

*  *  *

Tyler Durden Mon, 10/27/2025 - 15:10

Buying The Rumor

Buying The Rumor

By Benjamin Picton, Senior Strategist At Rabobank

The Dow Jones closed up more than 1% on Friday, the S&P500 rose by 0.79% and stocks are set to close higher today following the release of a benign CPI inflation report and news that the USA and China have come to agreement on a new trade deal. Bitcoin caught a bid over the weekend and both the AUD and NZD are trading higher this morning as representatives from both sides indicated that progress had been made on export controls, port fees and fentanyl issues. Treasury Secretary Scott Bessent said that the 100% additional tariffs that the US was set to impose on Chinese imports from November 1st are “effectively off the table”.

Thursday will be the critical day this week for the trade negotiations. That is the day that Presidents Trump and Xi are set to meet on the sidelines of the APEC conference to sign the agreement nutted-out by their respective underlings. In an interview with CBS Bessent said that he expected China to defer its stringent export control regime on rare earths and resume buying US soybeans. He also said that the US would not be changing its export controls directed at China, which restricts the sale of high-end AI chips, software applications and certain aerospace components.

Bessent also said that Trump and Xi are planning to discuss a global peace plan, where Trump hopes to gain support from Xi to end Russia’s war in Ukraine. That would be quite the development because peace in Europe would allow the United States to focus its efforts on containing China in the Western Pacific, and so would seemingly run counter to China’s own vital strategic interests. If China does indeed agree to loosen controls on the export of rare earths and pressure Russia to end the war in Ukraine, without extracting commitments from the US to lift its own export controls, it will look like capitulation on the part of the Chinese. In market parlance that would be XACO, not TACO.

Over the weekend Trump also ‘Truthed’ that the USA will be applying an additional 10% tariff to imports from Canada in retaliation for a TV advertisement run by the Province of Ontario that used audio from former President Ronald Reagan to criticise the use of tariffs in trade policy. The additional tariff follows an announcement from Trump earlier last week that he was terminating trade negotiations with Canada over the advertisement.

Trump claimed that the advertisement was “fraudulent”, quoting criticism from the Reagan Foundation that claimed the ad was selectively edited and misrepresented Reagan’s views. PBS fact-check disagrees with that assessment, but leaving accuracy to one side the decision to criticise the country that buys 75% of Canada’s merchandise exports (and who has a notoriously thin-skinned leader) in the middle of the World Series is a masterclass in the impolitic. CAD is this morning underperforming other high beta currencies and Toronto stock futures are conspicuous in their restraint as Canada cops the fallout of what market parlance might politely term the MAFO (mess around and find out) trade.

In geopolitics news, Argentina appears to have handed a ringing endorsement to the laissez-faire policies of President Javier Milei in midterm elections. With 92% of the vote counted the Wall Street Journal reports that Milei’s Freedom Advances party has won almost 41% of the national vote and will likely more than double its representation in Congress to win approximately 30% of the seats. That result exceeds the predictions of most polls and likely shores up deals with Washington for the USA to provide a $20bn USD currency swap facility and an additional $20bn in private loans. Trump had earlier tied that support to Milei’s prospects in the elections by saying “if he wins, we’re staying with him. And if he doesn’t win, we’re gone.”

Pundits regularly call the Trump style “transactional”, and the transaction here is monetary support in exchange for support of the US’s Monroe Doctrine foreign policy goals in South America. A huge part of that is supporting the role of the Dollar as the global reserve currency – highlighting the geopolitical importance of US Dollar swaplines in ensuring that Argentina trades in Dollars and not in... something else.

While the USA seeks to bolster its own influence in what it sees as its geopolitical backyard, Beijing has been busy trying to internationalize the role of the Renminbi by converting Dollar-denominated development loans into CNY. Reuters details a recent refinancing where a $3.5bn railway infrastructure loan to Kenya was converted to CNY, saving Kenya about $215m/year in interest repayments due to the lower yields associated with CNY lending. Bloomberg reports that Ethiopia is considering a similar move to convert up to $5.38bn of Dollar-denominated loans into CNY to reduce financing costs.

Of course, there is no free lunch here and Beijing is effectively accepting debt haircuts in order to expand the CNY’s role in global trade and settlement. The end game is to erode the global role of the Dollar, and reduce the US’s ability to exert influence via sanctions, the freezing of central bank assets or the extension/withdraw of Dollar swaplines. China’s comparatively low interest rates give it an advantage in convincing other countries to borrow in its currency rather than Dollars.

As it happens, there is a FOMC meeting scheduled for this week. A 25bp cut to the Fed Funds rate is now fully priced, as is a follow up cut in December (our full preview available here). With capital markets now clearly an open front in the geopolitical competition between the USA and China, you can bet your bottom Dollar that the Administration will be lobbying Powell and Co to go harder on cutting Dollar financing costs. Inflation is a secondary concern.

Tyler Durden Mon, 10/27/2025 - 15:00

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