Kung Fu

"How do you put a hospice in a burrito stand?" Hospice advocacy group CEO says fraud is flourishing in California during congressional testimony.

London’s Hidden Chain: How the Iran Conflict Is Finally Breaking It Most people see London as a stylish financial capital with historic buildings and red buses. But for the last century, the City of London has quietly acted like a heavy chain holding back the world.After World War I, the secret Sykes-Picot Agreement — a 1916 British-French deal — carved up the Ottoman Empire and drew messy borders across the Middle East. Those artificial lines created endless conflicts and resource fights. The result was built-in scarcity: expensive oil, jumpy gold prices, and constant tension that kept money flowing through London’s banks, insurance markets (Lloyd’s), and gold trading hub (LBMA). The LBMA, which dominates global gold and silver pricing, has long been accused of enabling artificial price suppression through massive paper trading and short positions. This kept metals undervalued for years, making it harder for ordinary people and producing nations to build real wealth from their resources. Instead of fair market signals encouraging investment and innovation, the system funneled gains back toward London’s financial insiders. London also built the Eurodollar market in the 1950s — an offshore dollar system that let the City influence global interest rates through LIBOR. For decades, the cost of borrowing dollars worldwide was partly set in London, not Washington. This gave London extra leverage over the global economy. The darker side is even clearer. Networks tied to Iran’s IRGC, Hezbollah, and Venezuela’s regime have moved billions through gold-smuggling routes and oil-for-gold swaps. Venezuelan gold and cartel money flowed through Toronto and London-linked banks. IRGC and Hezbollah used Turkish gold markets and London bullion channels to launder funds and finance operations. Lloyd’s itself flagged these IRGC/Hezbollah gold routes years ago, and U.S. sanctions in April 2026 again exposed the same networks — Iranian oil swapped for Venezuelan gold, sold on Turkey’s black market, with proceeds cycling back through familiar financial plumbing. Right now, the Iran conflict is ripping that chain apart in real time. U.S. and Israeli strikes began February 28, 2026. Iran choked the Strait of Hormuz, disrupting 20% of global oil. Prices spiked hard. But look at the futures market: WTI (the U.S. benchmark) went into extreme backwardation — prompt oil traded $20–$40+ above later contracts — and briefly traded above Brent (London’s benchmark). Traders are paying huge premiums for immediate, reliable barrels that don’t need Hormuz. The old London-centric pricing web is losing control. This isn’t random chaos. It’s the scarcity machine cracking. Europe still feels the echo — heavy regulations, energy squeezes, and policies that suppress local wages while flooding in immigrants. The Biden administration in the US mirrored this path almost exactly: record border encounters, expanded migration that increased labor supply and pressured wages for American workers, while layering on more institutional dependency mechanisms. Both sides kept the old scarcity playbook alive.The Iran conflict is doing what years of talk couldn’t: it’s forcing real trade to reroute away from London’s extractive plumbing. The chain held humanity back long enough. The multipolar world is finally shaking it loose.

London’s Hidden Chain: How the Iran Conflict Is Finally Breaking It Most people see London as a stylish financial capital with historic buildings and red buses. But for the last century, the City of London has quietly acted like a heavy chain holding back the world.After World War I, the secret Sykes-Picot Agreement — a 1916 British-French deal — carved up the Ottoman Empire and drew messy borders across the Middle East. Those artificial lines created endless conflicts and resource fights. The result was built-in scarcity: expensive oil, jumpy gold prices, and constant tension that kept money flowing through London’s banks, insurance markets (Lloyd’s), and gold trading hub (LBMA). The LBMA, which dominates global gold and silver pricing, has long been accused of enabling artificial price suppression through massive paper trading and short positions. This kept metals undervalued for years, making it harder for ordinary people and producing nations to build real wealth from their resources. Instead of fair market signals encouraging investment and innovation, the system funneled gains back toward London’s financial insiders. London also built the Eurodollar market in the 1950s — an offshore dollar system that let the City influence global interest rates through LIBOR. For decades, the cost of borrowing dollars worldwide was partly set in London, not Washington. This gave London extra leverage over the global economy. The darker side is even clearer. Networks tied to Iran’s IRGC, Hezbollah, and Venezuela’s regime have moved billions through gold-smuggling routes and oil-for-gold swaps. Venezuelan gold and cartel money flowed through Toronto and London-linked banks. IRGC and Hezbollah used Turkish gold markets and London bullion channels to launder funds and finance operations. Lloyd’s itself flagged these IRGC/Hezbollah gold routes years ago, and U.S. sanctions in April 2026 again exposed the same networks — Iranian oil swapped for Venezuelan gold, sold on Turkey’s black market, with proceeds cycling back through familiar financial plumbing. Right now, the Iran conflict is ripping that chain apart in real time. U.S. and Israeli strikes began February 28, 2026. Iran choked the Strait of Hormuz, disrupting 20% of global oil. Prices spiked hard. But look at the futures market: WTI (the U.S. benchmark) went into extreme backwardation — prompt oil traded $20–$40+ above later contracts — and briefly traded above Brent (London’s benchmark). Traders are paying huge premiums for immediate, reliable barrels that don’t need Hormuz. The old London-centric pricing web is losing control. This isn’t random chaos. It’s the scarcity machine cracking. Europe still feels the echo — heavy regulations, energy squeezes, and policies that suppress local wages while flooding in immigrants. The Biden administration in the US mirrored this path almost exactly: record border encounters, expanded migration that increased labor supply and pressured wages for American workers, while layering on more institutional dependency mechanisms. Both sides kept the old scarcity playbook alive.The Iran conflict is doing what years of talk couldn’t: it’s forcing real trade to reroute away from London’s extractive plumbing. The chain held humanity back long enough. The multipolar world is finally shaking it loose.

The Southern Poverty Law Center — the same group that spent decades labeling millions of Americans as “hate groups” and raising hundreds of millions in donations — has now been federally indicted on 11 counts including wire fraud, bank fraud, and money laundering conspiracy. The core allegation: From 2014 to 2023, the SPLC secretly funneled over $3 million to actual Klansmen, neo-Nazis, Aryan Nations members, and other violent extremists. They allegedly used shell companies like “Fox Photography” and “Rare Books Warehouse,” plus prepaid cards, to hide the payments from donors and the banking system. One informant received over $1 million while affiliated with the neo-Nazi National Alliance. Another was paid $270,000 while helping coordinate logistics for the 2017 Charlottesville “Unite the Right” rally — at the direction of the SPLC. This is the same SPLC whose “hate map” was treated as gospel by the Obama and Biden administrations, corporate media, and Big Tech. Remember the “very fine people” hoax? Biden, Obama, and the press spent years claiming Trump called neo-Nazis “very fine people” in Charlottesville. It was a deliberate lie used to paint half the country as irredeemable racists and justify censorship, lawfare, and political persecution. Now we learn the very institution feeding that narrative was allegedly paying the actual extremists they claimed to oppose. This isn’t incompetence. This is the business model: manufacture the enemy, then monetize the fight against it. The mask is slipping. The American people deserve better than NGOs that allegedly funded Nazis while calling their neighbors Nazis. The narrative you were sold for years was a con. Time to demand better.

The Southern Poverty Law Center — the same group that spent decades labeling millions of Americans as “hate groups” and raising hundreds of millions in donations — has now been federally indicted on 11 counts including wire fraud, bank fraud, and money laundering conspiracy. The core allegation: From 2014 to 2023, the SPLC secretly funneled over $3 million to actual Klansmen, neo-Nazis, Aryan Nations members, and other violent extremists. They allegedly used shell companies like “Fox Photography” and “Rare Books Warehouse,” plus prepaid cards, to hide the payments from donors and the banking system. One informant received over $1 million while affiliated with the neo-Nazi National Alliance. Another was paid $270,000 while helping coordinate logistics for the 2017 Charlottesville “Unite the Right” rally — at the direction of the SPLC. This is the same SPLC whose “hate map” was treated as gospel by the Obama and Biden administrations, corporate media, and Big Tech. Remember the “very fine people” hoax? Biden, Obama, and the press spent years claiming Trump called neo-Nazis “very fine people” in Charlottesville. It was a deliberate lie used to paint half the country as irredeemable racists and justify censorship, lawfare, and political persecution. Now we learn the very institution feeding that narrative was allegedly paying the actual extremists they claimed to oppose. This isn’t incompetence. This is the business model: manufacture the enemy, then monetize the fight against it. The mask is slipping. The American people deserve better than NGOs that allegedly funded Nazis while calling their neighbors Nazis. The narrative you were sold for years was a con. Time to demand better.

The Southern Poverty Law Center — the same group that spent decades labeling millions of Americans as “hate groups” and raising hundreds of millions in donations — has now been federally indicted on 11 counts including wire fraud, bank fraud, and money laundering conspiracy. The core allegation: From 2014 to 2023, the SPLC secretly funneled over $3 million to actual Klansmen, neo-Nazis, Aryan Nations members, and other violent extremists. They allegedly used shell companies like “Fox Photography” and “Rare Books Warehouse,” plus prepaid cards, to hide the payments from donors and the banking system. One informant received over $1 million while affiliated with the neo-Nazi National Alliance. Another was paid $270,000 while helping coordinate logistics for the 2017 Charlottesville “Unite the Right” rally — at the direction of the SPLC. This is the same SPLC whose “hate map” was treated as gospel by the Obama and Biden administrations, corporate media, and Big Tech. Remember the “very fine people” hoax? Biden, Obama, and the press spent years claiming Trump called neo-Nazis “very fine people” in Charlottesville. It was a deliberate lie used to paint half the country as irredeemable racists and justify censorship, lawfare, and political persecution. Now we learn the very institution feeding that narrative was allegedly paying the actual extremists they claimed to oppose. This isn’t incompetence. This is the business model: manufacture the enemy, then monetize the fight against it. The mask is slipping. The American people deserve better than NGOs that allegedly funded Nazis while calling their neighbors Nazis. The narrative you were sold for years was a con. Time to demand better.

The Southern Poverty Law Center — the same group that spent decades labeling millions of Americans as “hate groups” and raising hundreds of millions in donations — has now been federally indicted on 11 counts including wire fraud, bank fraud, and money laundering conspiracy. The core allegation: From 2014 to 2023, the SPLC secretly funneled over $3 million to actual Klansmen, neo-Nazis, Aryan Nations members, and other violent extremists. They allegedly used shell companies like “Fox Photography” and “Rare Books Warehouse,” plus prepaid cards, to hide the payments from donors and the banking system. One informant received over $1 million while affiliated with the neo-Nazi National Alliance. Another was paid $270,000 while helping coordinate logistics for the 2017 Charlottesville “Unite the Right” rally — at the direction of the SPLC. This is the same SPLC whose “hate map” was treated as gospel by the Obama and Biden administrations, corporate media, and Big Tech. Remember the “very fine people” hoax? Biden, Obama, and the press spent years claiming Trump called neo-Nazis “very fine people” in Charlottesville. It was a deliberate lie used to paint half the country as irredeemable racists and justify censorship, lawfare, and political persecution. Now we learn the very institution feeding that narrative was allegedly paying the actual extremists they claimed to oppose. This isn’t incompetence. This is the business model: manufacture the enemy, then monetize the fight against it. The mask is slipping. The American people deserve better than NGOs that allegedly funded Nazis while calling their neighbors Nazis. The narrative you were sold for years was a con. Time to demand better.

The Southern Poverty Law Center — the same group that spent decades labeling millions of Americans as “hate groups” and raising hundreds of millions in donations — has now been federally indicted on 11 counts including wire fraud, bank fraud, and money laundering conspiracy. The core allegation: From 2014 to 2023, the SPLC secretly funneled over $3 million to actual Klansmen, neo-Nazis, Aryan Nations members, and other violent extremists. They allegedly used shell companies like “Fox Photography” and “Rare Books Warehouse,” plus prepaid cards, to hide the payments from donors and the banking system. One informant received over $1 million while affiliated with the neo-Nazi National Alliance. Another was paid $270,000 while helping coordinate logistics for the 2017 Charlottesville “Unite the Right” rally — at the direction of the SPLC. This is the same SPLC whose “hate map” was treated as gospel by the Obama and Biden administrations, corporate media, and Big Tech. Remember the “very fine people” hoax? Biden, Obama, and the press spent years claiming Trump called neo-Nazis “very fine people” in Charlottesville. It was a deliberate lie used to paint half the country as irredeemable racists and justify censorship, lawfare, and political persecution. Now we learn the very institution feeding that narrative was allegedly paying the actual extremists they claimed to oppose. This isn’t incompetence. This is the business model: manufacture the enemy, then monetize the fight against it. The mask is slipping. The American people deserve better than NGOs that allegedly funded Nazis while calling their neighbors Nazis. The narrative you were sold for years was a con. Time to demand better.

🚨HAPPENING NOW: Justice Department announces indictment against Southern Poverty Law Center ("SPLC"). Our indictment alleges SPLC secretly funneled MORE THAN $3 MILLION in funds to members of white supremacist and extremist groups.