Puppet MastersS


Stock Down

Biden declares himself 'blameless' if US defaults on debt - claims Republicans will sabotage his re-election bid by crashing the economy

Biden
© shutterstockUS President Joe Biden
President Joe Biden on Sunday said he would consider using the 14th amendment to solve America's debt limit but conceded it is probably too close to the June 1st default deadline to use it in this round. At a press conference in Hiroshima, he said:
"I'm looking at the 14th Amendment as whether or not we have the authority. I think we have the authority. The question is could it be done and invoked in time that it would not be appealed and, as a consequence, pass the date in question and still default on the debt?"
Biden said he would be open to exploring the option in the courts to see if they would rule it legal or not. The president had previously ruled out using the constitutional amendment - which some legal scholars argue has a clause that would make it unconstitutional for the U.S. to fail to make its debt payments - to raise the debt ceiling.

Biden also accused Republicans of trying to tank the debt talks to hurt his re-election bid, conceded he may be able to stop them from making a default, and said he'll be stepping in to deal with Speaker Kevin McCarthy one-on-one.

Comment: The 14th Amendment is not a cure. Americans need to cut Biden's financial umbilical cord.


Target

NATO to draw up 'Russia war plans' for first time since cold war

NATO
© Unknown
NATO is drawing up plans on how to fight a war with Russia for the first time since the Cold War.

According to Reuters, at the upcoming NATO summit in Vilnius this July, alliance leaders will approve thousands of pages of secret military plans that will detail how to respond to a Russian attack.

The plans will be vastly different than anything drawn up during the Cold War as NATO has expanded from 16 members to 31 since the dissolution of the Soviet Union and the Warsaw Pact. The documents will also outline how NATO members should upgrade their forces and logistics.

"Allies will know exactly what forces and capabilities are needed, including where, what and how to deploy," NATO Secretary-General Jens Stoltenberg said of the war plans.

Comment: And...it will solve nothing.


Magnify

Neil Oliver: There's nothing green about the green agenda...just plain old greed!

Neil Oliver
Neil Oliver

Neil Oliver: There's nothing green about the green agenda...just plain old greed!


Snakes in Suits

Modi criticizes 'out of date' UN

Narendra Modi
© AFP / Ludovic MarinNarendra Modi attends the G7 Leaders' Summit in Hiroshima, Japan, May 20, 2023
Indian Prime Minister Narendra Modi has called for the United Nations to be reformed to "reflect the realities of the present." India has long eyed a permanent seat on the UN Security Council, and its demands are now shared by UN Secretary-General Antonio Guterres.

"Why is the UN, which was started with the idea of establishing peace, not successful in preventing conflicts today?" Modi addressed G7 leaders in Hiroshima on Sunday. "The institutions created in the last century are not in line with the system of the 21st century," he continued, adding that "they do not reflect the realities of the present."

"That is why it is necessary that reforms should be implemented in big institutions like the UN," he stated. "They will also have to become the voice of the Global South. Otherwise, we will only keep talking about ending the conflicts. The UN and the Security Council will remain just a talk shop."

Dollars

US will default if debt deal fails - treasury secretary

Janet Yellen
© Getty Images / Tom Williams
America's chances of paying its bills after June 1 are "quite low," US Treasury Secretary Janet Yellen warned on Sunday in an interview with NBC's 'Meet the Press'.

According to Yellen, if Congress fails to reach an agreement on raising the country's $31.4 trillion borrowing limit by that time, it will be forced to default on "some bills" shortly after.

"There's always uncertainty about tax receipts and spending. And so it's hard to be absolutely certain about this, but my assessment is that the odds of reaching June 15, while being able to pay all of our bills, is quite low... My assumption is that if the debt ceiling isn't raised, there will be hard choices to make about what bills go unpaid," Yellen said.

The treasury secretary did not say which 'bills' she had in mind, but noted that the government's most immediate obligations range from paying interest on outstanding debt to "obligations to seniors who count on social security, military, contractors who've provided services to the government."

She added that "there can be no acceptable outcomes if the debt ceiling isn't raised."

The administration of US President Joe Biden and Republicans led by House Speaker Kevin McCarthy have been at an impasse over raising the debt ceiling for several months, despite warnings that the US could face its first-ever default unless it is raised by June 1.

Republicans are refusing to agree to the move unless Biden agrees to government spending cuts and curbs on social programs.

Stop

Finland scraps pipeline gas supply deal with Russia

gas pipeline
© Getty Images / Sean Gallup / Staff
Finnish state energy company Gasum announced on Monday that it has terminated a long-term natural gas contract with Russia's Gazprom Export after the sides were unable to resolve an issue with payments.

The move follows Gazprom's suspension of pipeline-based natural gas deliveries to Gasum in May 2022 over the latter's refusal to make payment in rubles. In response to EU sanctions last year, Moscow demanded that buyers in countries that supported the restrictions pay for Russian gas supplies in rubles instead of dollars or euro.

"The parties were not able to resolve the situation within the period defined by the arbitral tribunal..." the Finnish company's statement reads.

The termination concerns only pipeline supply, whereas "the long-term LNG supply contract Gasum has with Gazprom Export remains in place," it specified.

Gazprom confirmed it had been notified about the Finnish energy provider's decision, saying it "is conducting a legal analysis of further steps in this matter," Reuters reported.

Vader

US and Israeli envoys clash over Soros

George Soros
© AFP / Fabrice CoffriniGeorge Soros addresses the World Economic Forum's annual meeting in Davos, Switzerland, May 24, 2022
Washington thinks criticizing the financier is anti-Semitic, while the Israeli government thinks supporting him is anti-Semitic.

The US and Israeli anti-Semitism envoys have taken opposing positions on whether supporters or critics of Jewish financier George Soros is anti-Semitic. The argument kicked off when Twitter CEO Elon Musk compared Soros to a cartoon supervillain.

In a tweet on Monday, Musk said that Soros reminds him of "Magneto," a mutant-supremacist scientist from Marvel's 'X-Men' universe. When a commenter pointed out that Magneto was depicted - like Soros - as a Holocaust survivor and that both have "good intentions," Musk doubled down.
"You assume they are good intentions," he wrote. "They are not. He wants to erode the very fabric of civilization. Soros hates humanity."

Comment: See also:


Bullseye

Victor Davis Hanson: Durham report shows it was Clinton, not Trump, who colluded with Russians

trump hillary clinton debate 2016
© REUTERS/Mike Segar/File PhotoDonald Trump and Hillary Clinton in 2016
Hanson criticizes a series of individuals tied to Clinton's campaigns or administration

The Durham report suggests there are more questions about Hillary Clinton's overtures toward Russian entities than former President Donald Trump's, Victor Davis Hanson claimed.

Hanson, a historian and fellow at Stanford University's Hoover Institution, told "Life, Liberty & Levin" that Durham's findings showed that "far from being a Trump-Russian connection, there was a Hillary-Clinton-Russian connection."

Hanson analyzed the findings, saying they showed Clinton was using a Moscow-based "source," Democrat-linked PR executive Charles Dolan Jr., to collect purported intelligence on Trump.

Arrow Up

US hopes to snatch victory from jaws of defeat in Ukraine

Soldiers
© Indian PunchlineTop Ukrainian intelligence official Kirill Budanov has proposed a 100-km-long demilitarised zone between Ukraine and Russia.
The G7 Leaders' 2700-word statement on Ukraine, issued in Hiroshima after their summit meeting glossed over the burning question today — the so-called counter-offensive against the Russian forces.

It is a deafening silence, since rumours are swirling about the disappearance of the commander-in-chief of Ukraine's armed forces. Significantly, President Vladimir Zelensky himself is making himself scarce from Kiev touring world capitals — Helsinki, Hague, Rome, Vatican, Berlin, Paris, London and Jeddah and Hiroshima. It does seem that something is rotten in the state of Denmark.

As the G7 summit ended, the head of the Wagner PMC, Yevgeny Prigozhin announced on Saturday that the Russian operation to capture the strategic communication hub of Bakhmut in Donbass region of eastern Ukraine lasting 224 days, has been brought to a successful completion, overcoming the resistance by more than 80,000 Ukrainian troops.

It is a painful moment for Zelensky, who had boasted before US lawmakers in Capitol Hill last December that "just like the Battle of Saratoga (in 1777 during the American Revolutionary War), the fight for Bakhmut will change the trajectory of our war for independence and for freedom."

Meanwhile, to distract attention, there is talk now about a subtle shift in the US policy regarding supply of F-16 fighter jets to Ukraine in an indeterminate future. In reality, though, no one can tell what the Ukrainian rump state will look like when the jets arrive. Unsurprisingly, the Biden Administration still seems to be in two minds. F-16 is a hot item for export; what happens if the Russians were to blow it out of the sky with their hi-tech weapons and rubbish its fame ?

Document

The damning Durham Report

reaper
© Thomas Fluharty/Washington ExaminerThe Reaper
"Worse than Watergate" has become a Washington cliche that is both inescapable and meaningless. Dozens of political scandals since then have been objectively worse, but the scandal still looms large. This is because of the mythos it created involving a press corps and a Washington establishment allegedly concerned with moving heaven and earth to get at the truth, even when the story involved little more than "third-rate burglary," as Richard Nixon's secretary famously called it.

Watergate also marked a sea change in how we held presidents accountable. Prior to his downfall, Nixon's sentiment that "if the president does it, it's not illegal" was to some extent the informal understanding, even if that sounds outrageous to contemporary ears. A corrupt president could either be impeached by Congress or thrown out of office by voters, but there was no constitutional middle ground to hold them accountable. Since Watergate, the FBI and the Department of Justice more broadly have increasingly found themselves in the awkward and untenable position of being subject to the president's constitutional authority while simultaneously being tasked with investigating White House corruption.

So 50 years on, the post-Watergate question remains: How is empowering the FBI and unelected deep-state bureaucrats to hold the president accountable working out for us?