Kung Fu

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Kung Fu

Kung Fu

@Chart_Fu

a normie tackling macro economics, technical analysis and geopolitics.

Tham gia Aralık 2017
752 Đang theo dõi545 Người theo dõi
Kung Fu
Kung Fu@Chart_Fu·
@MaxBlumenthal All roads lead to London Max. x.com/i/status/20462…
Kung Fu@Chart_Fu

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.

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Max Blumenthal
Max Blumenthal@MaxBlumenthal·
There's still a wing of MAGA that believes Trump is a King David-like figure who's being used by God to serve a holy purpose And no amount of insider trading, Epstein associating or school bombing can convince them otherwise My latest
The Grayzone@TheGrayzoneNews

Trump reads Scripture at MAGA Bible marathon @MaxBlumenthal visited a DC gathering of evangelicals who insisted that the notoriously sinful president had been chosen by God to "heal" the nation There, he probed them on the Iran war and Israel's assault on Christian communities

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Kung Fu
Kung Fu@Chart_Fu·
@RonPaul Why doesn't @RonPaul ever focus on London? x.com/i/status/20462…
Kung Fu@Chart_Fu

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.

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Kung Fu
Kung Fu@Chart_Fu·
Canada’s MAiD Program: From “Compassionate Choice” to Government Solution for Healthcare Failure When Canada legalized Medical Assistance in Dying (MAiD) in 2016, it was sold as a tightly controlled option for terminally ill adults facing unbearable suffering. Safeguards were promised. Fast-forward to 2026: MAiD has become one of the fastest-growing causes of death in Canada. In 2024 alone, 16,499 people received MAiD — roughly 5.1% of all deaths that year. The program now covers grievous and irremediable non-terminal conditions, and expansion to mental illness as the sole underlying condition is scheduled for 2027. Reports and coroner reviews document cases where individuals were offered or chose MAiD due to long wait times for treatment, poverty, inadequate housing, or inability to afford basic support. What began as an end-of-life choice has quietly morphed into a bureaucratic exit ramp for problems the government finds expensive or difficult to solve. This expansion didn’t happen in a vacuum. It coincides with massive policy strains driven by globalist priorities: rapid immigration that has overwhelmed housing, healthcare, and social services, combined with chronic fiscal deficits from expansive spending. When systems are stretched thin, offering death becomes an easier, cheaper pressure valve than fixing root failures in care delivery and support. This is the predictable outcome when governments treat human life as a budget line item. Expanding eligibility reduces pressure to reform failing systems. It becomes easier — and cheaper — to offer death than to deliver care. Canadians deserve better than a healthcare policy that treats vulnerable citizens as problems to be solved through lethal injection. True compassion means fixing the underlying failures — wait times, mental health services, housing, and disability support — not offering assisted death as the default solution. The expansion of MAiD wasn’t an accident. It was the logical endpoint of treating death as a cost-saving measure rather than a last resort. That should trouble every citizen, regardless of political affiliation.
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Kung Fu
Kung Fu@Chart_Fu·
El Salvador’s Regenerative Agriculture Move Is What Real Mercantilism Looks Like While much of the West remains stuck in outdated globalist thinking, El Salvador just took a practical, sovereign step forward. On April 16, 2026, the Bukele government launched a National Regenerative Agriculture Initiative. The goal is straightforward: regenerate degraded soils, boost food security, increase productivity, and connect farmers directly to competitive markets. It includes technical training through CENTA, reform of the cooperative system, incentives for underused land, and integration with “AgroMercado” for better pricing and export potential. This isn’t abstract ideology. It’s a mercantilist approach in action: a nation deliberately investing in its own productive capacity — healthy soil, resilient food systems, and long-term economic strength — rather than relying on imported inputs, global supply chains, or endless foreign aid. Contrast that with the globalist model that has dominated for decades. Globalism encourages countries to specialize in whatever is “cheapest” at the moment, often leading to soil degradation, dependency on volatile international markets, and weakened domestic resilience. It prioritizes open borders for goods and capital while ignoring the long-term health of the land and the people who work it. El Salvador is choosing a different path: build internal strength first. Strengthen the soil, reform cooperatives for fairness and output, develop both staple crops and high-value regenerative exports, and align government coordination with private sector mobilization. It’s pragmatic nationalism — using the state to catalyze real productivity instead of managing decline. This is the kind of thinking the United States desperately needs right now. We have vast agricultural potential, but we’ve allowed soil degradation, regulatory capture, and over-reliance on industrial inputs to weaken our food system. A serious American mercantilist approach would focus on regenerating our own farmland, reducing vulnerability to global shocks, and prioritizing domestic food security and export competitiveness — not just shipping more grain overseas while our own soil erodes. El Salvador’s move is small but directional. It shows a government choosing to solve problems at the root instead of kicking the can down the road. If the U.S. wants to thrive in the emerging multipolar world, we should be watching examples like this closely. Mercantilism isn’t about isolation. It’s about building real national strength — starting with the land under our feet. The old globalist model is fading. Nations that invest in their own productive base will be the ones that come out ahead. ADDN - Agencia de Desarrollo y Diseño de Nación share.google/kePuQWWDcq24Rb…
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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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Jeffrey A Tucker
Jeffrey A Tucker@jeffreytucker·
This is stunning: the "Unite the Right" rally in Charlottesville, VA, the most notorious of all the extremist displays of the last ten years, tiki torches and all, was actually a subsidized racket funded by the supposedly anti-hate SPLC. The DOJ has all the receipts. I'm not cynical enough to have imagined such a thing. x.com/Tyler2ONeil/st…
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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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FBI
FBI@FBI·
NEWS RELEASE: Federal Grand Jury Charges Southern Poverty Law Center for Wire Fraud, False Statements, and Conspiracy to Commit Money Laundering Between 2014 and 2023, the SPLC secretly funneled more than $3 million in donated funds to individuals who were associated with various violent extremist groups including the Ku Klux Klan, Aryan Nations, and National Socialist Party of America. Read more about the #FBI investigation: justice.gov/opa/pr/federal…
FBI tweet media
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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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FBI Director Kash Patel
FBI Director Kash Patel@FBIDirectorKash·
This evening: @DAGToddBlanche and I are announcing an 11 count indictment against the Southen Poverty Law Center. Charges include wire fraud, false statements to a federally insured bank, and conspiracy to commit concealment money laundering. The SPLC allegedly engaged in a massive fraud operation to deceive their donors, enrich themselves, and hide their deceptive operations from the public. They lied to their donors, vowing to dismantle violent extremist groups, and actually turned around and paid the leaders of these very extremist groups - even utilizing the funds to have these groups facilitate the commission of state and federal crimes. That is illegal – and this is an ongoing investigation against all individuals involved.
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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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Elon Musk
Elon Musk@elonmusk·
Outrageous! SPLC executives who did this need to go to prison for a long time.
FBI Director Kash Patel@FBIDirectorKash

This evening: @DAGToddBlanche and I are announcing an 11 count indictment against the Southen Poverty Law Center. Charges include wire fraud, false statements to a federally insured bank, and conspiracy to commit concealment money laundering. The SPLC allegedly engaged in a massive fraud operation to deceive their donors, enrich themselves, and hide their deceptive operations from the public. They lied to their donors, vowing to dismantle violent extremist groups, and actually turned around and paid the leaders of these very extremist groups - even utilizing the funds to have these groups facilitate the commission of state and federal crimes. That is illegal – and this is an ongoing investigation against all individuals involved.

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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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Scott Adams
Scott Adams@ScottAdamsSays·
@andybrohard Both can be true. But also consider that when you pay someone to identify racist organizations, they find more than if you don't pay them. And that is what has been happening with SPLC. So it might be a measurement incentive issue too.
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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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Elon Musk
Elon Musk@elonmusk·
🎯
Scott Adams@ScottAdamsSays

@andybrohard Both can be true. But also consider that when you pay someone to identify racist organizations, they find more than if you don't pay them. And that is what has been happening with SPLC. So it might be a measurement incentive issue too.

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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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Glenn Greenwald
Glenn Greenwald@ggreenwald·
One of the most amazing aspects of the Iran War is that they excavated the people who sold the Iraq War to the American public to sell this, and they are all using the same exact scripts they used for Iraq. Probably one reason the Iran War has been so unpopular from the start:
Chris Menahan 🇺🇸@infolibnews

Washington Post columnist Marc Thiessen says all the US needs to do to get a deal with Iran is "kill the [Iranian leaders] that don't want a deal." Thiessen urged Trump to kill Iranian diplomats to secure a deal in a deranged Post column earlier this month.

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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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Kung Fu
Kung Fu@Chart_Fu·
Kung Fu@Chart_Fu

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.

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