Home Blog Page 3737

“We Need China” – Biden’s Presumptive Ambassador Worked at a CCP-Linked Consulting Firm, And A Harvard Group Advising China’s Military.

President Biden’s presumptive Ambassador to China – Nick Burns – is a former adviser to a consulting firm employing Chinese Communist Party officials, a board member of a Harvard University program collaborating with China’s military, and a contributor to Chinese state-run media outlets.

While corporate news media outlets refer to Burns as a “career diplomat,” he is in fact more like a career Chinese Communist Party apparatchik, The National Pulse can exclusively reveal.

Prior to joining Team Biden, Burns served as a Senior Counselor at the Cohen Group, a consulting firm founded by Bill Clinton-era Defense Secretary Bill Cohen. The Cohen Group works closely with former Chinese Communist Party officials many consultants are active in various D.C.-based China lobbying groups. What’s more, the group has participated in an advisory program working with an entity sanctioned by President Trump for human rights abuses against Uyghurs in Xinjiang.

The former member of Bill Clinton and George W. Bush’s State Department also serves on the Board of Harvard’s Belfer Center, which routinely conducts cybersecurity events alongside Chinese Communist Party military officials and has appeared on China Global Television Network (CGTN).

“We can’t see them as the enemy because we need them,” Burns remarked in reference to China at a 2020 Aspen Institute event.

CCP Consultancy.

The Cohen Group’s China Practice claims to facilitate “constructive engagement and cooperation between leading multinational companies and Chinese enterprises around the world” as well as “support Chinese companies engaged in high-quality investments overseas.”

To do so, the Cohen Group has retained two China-based offices in Beijing and Tianjin for over a decade and employs former Chinese Communist Party officials.

The group’s Beijing Deputy Chief Representative, Xiaorong Wu, led the Chinese Communist Party’s “era of sovereignty” campaign as a former official in the country’s Ministry of Foreign Affairs “where he participated in Sino-UK negotiation on the transfer of sovereignty over Hong Kong to China.”

Another Chief Representative, Yinghua Wang, joined the group in 2007 after years of serving the Chinese Communist Party’s Tianjin Municipal Government. As an official, Mr. Wang “frequently hosted meetings with foreign officials in order to foster stronger political and economic ties between Tianjin and state governments in the United States.”

Graham’s Prayer Request for Pence on the Gab App Sparks ‘Traitor’ Comments

When former Vice President Mike Pence underwent routine surgery this week to install a pacemaker, evangelist Franklin Graham used social media, including the Gab app, to request prayers for recovery. Some internet users took that opportunity to voice their opinions about Pence, specifically regarding his action—or inaction—on January 6, during violent protests at the U.S. Capitol.

Although President Trump and his supporters had encouraged Pence to block the certification of Electoral College votes that day, the VP concluded he didn’t have “unilateral authority” to do so. Chants of “Hang Mike Pence!” could be heard among the crowd on January 6.

On April 15, Graham posted this message on his social media accounts, including the Gab app, which touts its support for “free speech”:

Former Vice President Mike Pence is recovering from his surgery to have a pacemaker implanted yesterday. They said he should be back to full activity in just a few days, but I know that he, Karen, and their family would appreciate your prayers. He told me this evening that he is on the mend and God is good!

Wall St ends week positively; S&P 500, Dow hit record highs

The three main Wall Street indexes ended Friday higher for the day and week, with the S&P 500 (.SPX) and the Dow (.DJI) breaking closing records, as investors took strong economic data and bank earnings as signs of momentum in the U.S. pandemic recovery.

Nine of the 11 S&P sub-sectors rose on Friday. The energy (.SPNY) and information technology (.SPLRCT) indexes were the exceptions. The former, dipping 0.9%, was weighed by lower oil prices, while the latter was marginally lower, the day after its highest-ever close.

The S&P 500 and the Dow Industrials recorded their fourth straight week of gains. The S&P 500 scored three closing highs this week, while the Dow surpassed its best finish two days running.

The technology-heavy Nasdaq (.IXIC) finished less than one percent below its own all-time closing high achieved on Feb. 12.

Investor confidence on the road ahead seems steady, with the volatility index (.VIX), Wall Street’s fear gauge, falling 1.9% to its lowest close in 14 months.

“Everyone is looking at just how far we can run before we start raising interest rates,” said George Catrambone, head of Americas trading at DWS Group.

“Until we see that significant inflation growth and the Fed starts to talk about raising interest rates, I think it’s going to be goldilocks conditions.”

Reporting a 150% jump in quarterly profit on Friday, Morgan Stanley (MS.N) joined other big U.S. banks in posting first-quarter numbers reinforcing hopes of a swift economic recovery.

MUGSHOTS Released of BLM-Antifa Thugs Arrested in Brooklyn Center, MN

The Brooklyn Center Black Lives Matter-Antifa Mugshot Collection

AntifaWatch released a collage of the Brooklyn Center mugshots of BLM-Antifa rioters.

Calif. Democrats Weigh Options In Event Of Election To Recall Gov. Newsom, Create New Bill Acquiring Names, Information Of Petition Signers

California Democrats loyal to Governor Newsom (D-Calif.) have considered throwing their support elsewhere as recall efforts gain traction. On Saturday, reports said some state lawmakers are having conversations about backing other prominent Democrats should the recall election make it to the ballot.

“One of the things that Gavin Newsom really has to watch for and worry about is if another prominent Democrat gets into the race to replace him,” political analyst Kevin Riggs stated.

Political insiders said voters could see an election in October or November with the possibility of many names on the ballot. According to the California Secretary of State, the petition to recall Newsom has more than 1.4 million verified signatures as of March 11, but reports said over 300,000 signatures still need to be verified and more have flooded in.

Chinese Aluminum Price Soar To 11-Year Highs As Decarbonization Efforts Slash Energy To Smelters

Chinese aluminum prices moved higher Friday, hitting an 11-year high, exchange data showed, as Beijing embarks on the road to decarbonization, a move that has reduced energy to the power-hungry smelting hub located in Inner Mongolia, even as new capacity came on online, according to Mining.com

The benchmark price for aluminum on the Shanghai Futures Exchange stood at 18,025 yuan ($2,764) per metric ton, an 11-year high. 

In terms of dollars, SHFE aluminum futures printed at 2,800 per metric ton, a critical resistance level dating back more than a decade ago. 

Analysts believe the price surge in aluminum is due to Bejing’s curb on aluminum output in the Xinjiang Uyghur autonomous region to reduce carbon dioxide emissions. 

According to Mining.com,

Primary aluminum output in the world’s top producer was up 8.5% year-on-year at 3.28 million tonnes in March, the National Bureau of Statistics said, beating the previous monthly high of 3.27 million tonnes reached in December 2020.

High prices are incentivizing production, with Shanghai aluminum mostly holding above 17,000 yuan a tonne in March.

Prices hit an 11-year high of 18,460 yuan on Friday.

In July, aluminum for delivery was down 0.35% on Friday morning after futures touched $2.355 a tonne on the Comex market in New York.

James O’Keefe to sue Twitter for defamation after ban

Denies social media giant’s claim that he’s operating ‘fake accounts’

(WND) On the heels of an explosive hidden-camera investigation of CNN’s anti-conservative bias, Project Veritas founder James O’Keefe says he will file a lawsuit Monday against Twitter for defamation after the platform permanently suspended his account.

O’Keefe denies Twitter’s claim that he used “fake accounts” to spread his message, calling the charge “libel.”

“I am suing Twitter for defamation because they said, I, James O’Keefe, ‘operated fake accounts.’ This is false, this is defamatory, and they will pay,” the Project Veritas founder said in a statement to Fox News.

He said that while Section 230 of the Communications Decency Act may have protected Twitter from libel, “it will not protect them from me.”

A Twitter spokesman said O’Keefe was “permanently suspended for violating the Twitter Rules on platform manipulation and spam.” The policy, the spokesman said, states, “You can’t mislead others on Twitter by operating fake accounts” and “you can’t artificially amplify or disrupt conversations through the use of multiple accounts.”

However, Twitter has refused to provide any evidence to back its claim, The Federalist reported Friday.

Earlier this week, O’Keefe said he also intends to sue CNN after anchor Ana Cabrera claimed Project Veritas was banned by Twitter due to “misinformation.”

Twitter was the target of a Project Veritas exposé in January, publishing internal remarks by CEO Jack Dorsey and other top executives after the platform permanently suspended then-President Donald Trump.

DOJ sues Roger Stone and wife for $2M in unpaid taxes, alleging fraud

The longtime Trump ally says the suit is ‘politically motivated’

The Justice Department sued longtime Trump ally Roger Stone and his wife, Nydia, in a civil lawsuit on Friday, alleging the couple owes unpaid taxes plus interest and penalties to the tune of nearly $2 million.

The feds accuse the Stones of using fraudulent measures to dodge paying up, but Mr. Stone says the suit is “politically motivated.”

The complaint filed in Fort Lauderdale, Florida, claims that the Stones underpaid their taxes in the years 2007 through 2011, and in 2018, and that they owe roughly $1.997 million in unpaid taxes, fines and interest.

NBC News noted that “the government also said the Stones at one point entered into an agreement to cover taxes owed through monthly installments of nearly $20,000, but stopped paying.”

The suit also accuses the Stones of moving more than $1 million of their personal funds to an LLC they own, called Drake Ventures, which the DOJ says “evaded and frustrated the IRS’s collection efforts.”

The Stones then allegedly paid “a substantial amount of their personal expenses” from the Drake Ventures accounts, according to the feds.

The lawsuit further states:

Although they used funds held in Drake Ventures accounts to pay some of their taxes, the Stones’ use of Drake Ventures to hold their funds allowed them to shield their personal income from enforced collection and fund a lavish lifestyle despite owing nearly $2 million in unpaid taxes, interest and penalties.

The suit was “commenced at the direction of the Attorney General of the United States,” Merrick Garland.

Specter of Rising Inflation Threatens Future Economic Freedom

  • Nations around the world face a number of challenges in rebuilding their economies. One of them is the specter of greater inflation.
  • The United States and much of the world has benefitted from relatively low inflation since the early 1980s.
  • If moderate to galloping inflation were to set in, governments would need to stop printing money and stop running budget deficits financed by more borrowing.

As the worst and most devastating initial economic impact of the global pandemic begins to fade, nations around the world face a number of challenges in rebuilding their economies. One of them is the specter of greater inflation.

As a component of the monetary freedom score in the Index of Economic Freedom, higher inflation will weaken that score and have a dampening effect on economic freedom.

With lockdowns ending and more people and businesses normalizing, demand for commodities has increased. So have their prices. There is plenty of cheap money in many countries chasing still relatively scarce, COVID-19-impacted supplies of commodities. Sectoral inflation is the result.

Get exclusive insider information from Heritage experts delivered straight to your inbox each week. Subscribe to The Agenda >>

Reuters reports that 52 “out of 63 commodities monitored by the World Bank were up in price in December 2020 compared with the same month a year earlier.” Commodities such as “energy (coal and gas); agricultural products (tea, coconut oil, palm oil, fish meal, rice, citrus fruits, sugar, logs and rubber); fertilizers; and industrial metals (copper, lead, nickel, tin and zinc).”

Randy Brown, writing in Forbes, reports that the global post-pandemic economy may be encountering a new commodity price “super cycle” that could result in higher prices for many years to come. Copper, in particular, is “essential for batteries, electric cars, solar panels, wind turbines, and 5G solutions. It is also the lifeline for connecting renewable energy to the grid.”

As such, demand for copper is rising, along with its price. Bloomberg recently cited sources predicting that the metal could reach the all-time high of $10,000 per metric ton in 2021.

Scientists create first chimeric human-monkey embryos which can survive up to 20 days

An international team of scientists based in China and the United States have successfully grown human-monkey chimeric embryos for up to 20 days, a world first, pushing the boundaries of both science and ethics simultaneously.

The research was led by gene expression expert Juan Carlos Izpisua Belmonte from the Salk Institute in California who, along with his team, implanted human stem cells into primate embryos which then grew for up to up to 20 days.

While the ethics of such research will be hotly debated for years to come, the potential benefits with regards to unlocking the remaining secrets of developmental biology and evolution, as well as for the development of new models of human biology and disease, proved significant enough to warrant the risk. 

“As we are unable to conduct certain types of experiments in humans, it is essential that we have better models to more accurately study and understand human biology and disease,” says Belmonte. 

“An important goal of experimental biology is the development of model systems that allow for the study of human diseases under in vivo conditions.”

The macaque monkey embryos were injected with human extended pluripotent stem cells some six days after they were created. As the name suggests, these stem cells can yield multiple different types of tissue, both embryonic and non- or extra-embryonic tissues.

The human cells were detected in 132 of the chimera embryos 24 hours after implantation, while 103 of the chimeric embryos were still developing nine days later. 

By day 19, the number of survivors had dropped to three, all of which boasted high percentages of human cells as they continued to grow. All of the embryos were destroyed within 20 days of their creation.

Chimeras have been manufactured since the 1970s, with varying degrees of success. The research is typically done in rodents, but more recently has involved the use of pig and sheep DNA.