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odds on roulette Bitcoin’s monumental climb to $100,000 had all the trappings of a historic achievement. The cryptocurrency’s value soared as market analysts predicted continued growth, and investors dreamed of an even greater financial revolution. Despite the fanfare surrounding Bitcoin’s rally, an unexpected event in the world of altcoins quickly drew significant attention: the sudden collapse of Hawk Tuah, a cryptocurrency that had captivated many. What was once seen as a promising token has now raised questions about the stability of digital assets and the volatile nature of the crypto space. Bitcoin’s $100K achievement was anticipated for years by its most ardent supporters, who argue that the cryptocurrency is poised to disrupt traditional finance. Many analysts view Bitcoin as a store of value akin to gold, especially during times of economic instability. A surge in institutional investment and public interest contributed to the rise in Bitcoin’s price, spurred by fears of inflation, the erosion of traditional financial systems, and growing support from government-backed institutions worldwide. As Bitcoin breached the $100K mark, enthusiasts celebrated, hoping the moment would mark the beginning of a new era for digital currencies. However, while Bitcoin was grabbing the headlines, an altcoin—Hawk Tuah—was making waves for a completely different reason. A social media frenzy about Hawk Tuah’s potential led to an influx of retail investors, many of whom viewed the coin as a shortcut to quick profits. Cryptocurrency enthusiasts, seeking new opportunities outside Bitcoin, were drawn to Hawk Tuah’s marketing promises, with influencers and self-styled financial gurus touting it as a major up-and-comer. The coin’s rapid ascent was fueled by hype and speculation, yet the rapid downfall was equally abrupt. Less than a week after Hawk Tuah reached its all-time high, it became clear that the project was riddled with issues: broken promises, questionable development practices, and, in some cases, fraud allegations. In an industry plagued by instability and a lack of regulation, the Hawk Tuah crash was a stark reminder of the risks involved in crypto investments. In many online communities, the collapse of Hawk Tuah overshadowed Bitcoin’s milestone. Enthusiasts who had once been excited about Bitcoin’s price surge seemed far more engaged in analyzing the rise and fall of the altcoin. Even conversations among casual investors and retail participants shifted focus toward the sudden evaporation of Hawk Tuah’s market capitalization. Some even compared the situation to the famous “pump and dump” schemes that have plagued the crypto space for years. Experts have weighed in on why the drama surrounding Hawk Tuah stole attention from Bitcoin’s $100K moment. For one, the crypto space remains largely unregulated, making it difficult for investors to distinguish between legitimate projects and speculative ventures. As Bitcoin gains more mainstream acceptance, smaller projects like Hawk Tuah leverage social media and influencer marketing to attract the attention of everyday investors, often without offering a transparent roadmap or fundamental utility. These tactics have raised alarms among financial experts, who caution that the lack of due diligence can lead to catastrophic losses. The emotional allure of altcoins often leads to impulsive decisions, driven by the fear of missing out on the next big thing. Retail investors, many of whom lack the expertise to fully assess the long-term viability of a crypto asset, tend to be drawn in by short-term price movements rather than evaluating the coin’s underlying technology and use case. Hawk Tuah was no exception. As news of its rapid price escalation spread across social media platforms, inexperienced traders piled in, hoping for a fast return. While Bitcoin’s position as the leader of the cryptocurrency market remains undisputed, the Hawk Tuah debacle serves as a cautionary tale for investors. Even as Bitcoin’s market cap continues to soar, the volatility of altcoins like Hawk Tuah shows that the crypto landscape is still filled with uncertainty. The success of a few digital currencies can overshadow the broader, more dangerous realities of the market. While Bitcoin may continue to rise, the price of altcoins often remains susceptible to the whims of influencers, market sentiment, and, more ominously, scam artists. For many, the Hawk Tuah disaster is emblematic of a larger issue in the crypto world: the lack of regulation and investor protections. Unlike traditional stocks, which are subject to stringent rules and oversight, the cryptocurrency market operates in a gray area, with minimal regulatory frameworks in place. This allows for rapid price fluctuations and allows unverified projects to thrive. With the crypto sector continually drawing new participants, questions surrounding accountability, transparency, and investor safety are growing louder. Despite the turbulence in the altcoin market, Bitcoin’s fundamentals remain strong. Institutional adoption, continued mainstream integration, and growing interest from governments around the world are signs that Bitcoin’s rise may not be a fleeting moment but the start of a more stable, established financial instrument. Yet, even with Bitcoin’s increasing legitimacy, the volatility of the broader market continues to pose challenges for investors looking for consistent returns.Jimmy Carter, the self-effacing peanut farmer, humanitarian and former navy lieutenant who helped Canada avert a nuclear catastrophe before ascending to the highest political office in the United States, died Sunday at his home in Georgia. He was 100, making him the longest-lived U.S. president in American history. Concern for Carter's health had become a recurring theme in recent years. He was successfully treated for brain cancer in 2015, then suffered a number of falls, including one in 2019 that resulted in a broken hip. Alarm spiked in February 2023, however, when the Carter Center — the philanthropic organization he and his wife Rosalynn founded in 1982 — announced he would enter hospice care at his modest, three-bedroom house in Plains, Ga. Rosalynn Carter, a mental health advocate whose role as presidential spouse helped to define the modern first lady, predeceased her husband in November 2023 — a death at 96 that triggered a remembrance to rival his. "Rosalynn was my equal partner in everything I ever accomplished," the former president said in a statement after she died. "As long as Rosalynn was in the world, I always knew somebody loved and supported me." Conventional wisdom saw his single White House term as middling. But Carter's altruistic work ethic, faith-filled benevolence and famous disdain for the financial trappings of high office only endeared him to generations after he left politics in 1981. "The trite phrase has been, 'Jimmy Carter has been the best former president in the history of the United States,'" said Gordon Giffin, a former U.S. ambassador to Canada who sits on the Carter Center's board of trustees. "That grated on him, because it distinguished his service as president from his service — and I literally mean service — as a former president." His relentless advocacy for human rights, a term Carter popularized long before it became part of the political lexicon, included helping to build homes for the poor across the U.S. and in 14 other countries, including Canada, well into his 90s. He devoted the resources of the Carter Center to tackling Guinea worm, a parasite that afflicted an estimated 3.5 million people in the developing world in the early 1980s and is today all but eradicated, with just 13 cases reported in 2022. And he was a tireless champion of ending armed conflict and promoting democratic elections in the wake of the Cold War, with his centre monitoring 113 such votes in 39 different countries — and offering conflict-resolution expertise when democracy receded. Carter was awarded the Nobel Peace Prize in 2002, nearly a quarter-century after his seminal work on the Camp David Accords helped pave the way for a peace treaty between Israel and Egypt in 1979, the first of its kind. "His presidency got sidelined in the historic evaluation too quickly, and now people are revisiting it," Giffin said. "I think his standing in history as president will grow." A lifelong Democrat who never officially visited Canada as president, Carter was nonetheless a pioneer of sorts when it came to Canada-U.S. relations and a close friend to the two Canadian prime ministers he served alongside. One of them, former Progressive Conservative leader Joe Clark, once called Carter a "pretty good Canadian" — a testament to the former commander-in-chief's authenticity and centre-left politics, which always resonated north of the Canada-U.S. border. The pair were reunited in 2017 at a panel discussion in Atlanta hosted by the Canadian American Business Council, and seemed to delight in teasing the host when she described Clark as a "conservative" and Carter as a "progressive." "I'm a Progressive Conservative — that's very important," Clark corrected her. Piped up Carter: "I'm a conservative progressive." In 2012, the Carters visited Kingston, Ont., to receive an honorary degree from Queen's University. Instead of a fancy hotel, they stayed with Arthur Milnes, a former speech writer, journalist and political scholar who'd long since become a close friend. "He became my hero, believe it or not, probably when I was about 12," said Milnes, whose parents had come of age during the Cold War and lived in perpetual fear of the ever-present nuclear threat until Carter took over the White House in 1977. "My mother never discussed politics, with one exception — and that was when Jimmy Carter was in the White House. She'd say, 'Art, Jimmy Carter is a good and decent man,'" Milnes recalled. "They always said, both of them, that for the first time since the 1950s, they felt safe, knowing that it was this special man from rural Georgia, Jimmy Carter, who had his finger on the proverbial button." While Richard Nixon and Pierre Trudeau appeared to share a mutual antipathy during their shared time in office, Carter got along famously with the prime minister. Indeed, it was at the express request of the Trudeau family that Carter attended the former prime minister's funeral in 2000, Giffin said. "The message I got back was the family would appreciate it if Jimmy Carter could come," said Giffin, who was the U.S. envoy in Ottawa at the time. "So he did come. He was at the Trudeau funeral. And to me, that said a lot about not only the relationship he had with Trudeau, but the relationship he had in the Canada-U.S. dynamic." It was at that funeral in Montreal that Carter — "much to my frustration," Giffin allowed — spent more than two hours in a holding room with Cuban leader Fidel Castro, a meeting that resulted in Carter visiting Cuba in 2002, the first former president to do so. But it was long before Carter ever entered politics that he established a permanent bond with Canada — one forged in the radioactive aftermath of what might otherwise have become the country's worst nuclear calamity. In 1952, Carter was a 28-year-old U.S. navy lieutenant, a submariner with a budding expertise in nuclear power, when he and his crew were dispatched to help control a partial meltdown at the experimental Chalk River Laboratories northwest of Ottawa. In his 2016 book "A Full Life: Reflections at Ninety," Carter described working in teams of three, first practising on a mock-up of the reactor, then on the real thing, in short 90-second bursts to avoid absorbing more than the maximum allowable dose of radiation. "The limit on radiation absorption in the early 1950s was approximately 1,000 times higher than it is 60 years later," he wrote. "There were a lot of jokes about the effects of radioactivity, mostly about the prospect of being sterilized, and we had to monitor our urine until all our bodies returned to the normal range." That, Carter would later acknowledge in interviews, took him about six months. Carter and Clark were both in office during the so-called "Canadian Caper," a top-secret operation to spirit a group of U.S. diplomats out of Iran following the fall of the U.S. embassy in Tehran in 1979. The elaborate ploy, which involved passing the group off as a Canadian science-fiction film crew, was documented in the Oscar-winning 2012 Ben Affleck film "Argo." Carter didn't think much of the film. "The movie that was made, 'Argo,' was very distorted. They hardly mentioned the Canadian role in this very heroic, courageous event," he said during the CABC event. He described the true events of that escapade as "one of the greatest examples of a personal application of national friendship I have ever known." To the end, Carter was an innately humble and understated man, said Giffin — a rare commodity in any world leader, much less in one from the United States. "People underestimate who Jimmy Carter is because he leads with his humanity," he said. "I read an account the other day that said the Secret Service vehicles that are parked outside his house are worth more than the house. How many former presidents have done that?" This report by The Canadian Press was first published Dec, 29, 2024. James McCarten, The Canadian Press

South Korea impeaches second president in a fortnight

I read a lot of good graphic novels this year, the publication of a couple of which also happened to be major events in the comic world – how thrilling to see the return of celebrated American creator Charles Burns on such uncompromisingly fierce form, while the young Dutch illustrator Aimée de Jongh achieved something close to miraculous with her extraordinary adaptation of . But the book that meant most to me personally in 2024 was by Miriam Gold for its portrait of Sheffield, my home town, and of the Peak District nearby. I find it hard to imagine the person who wouldn’t be pleased to be given this little volume for Christmas; it’s a feast for the eyes and a boxing glove (in a good way) for the heart. (New River) Funny and plangent, Dorrance’s snowbound memoir about her elderly mother’s dementia really couldn’t be any better if it tried; its drawings and dialogue alike bring to mind the genius of Alison Bechdel or Posy Simmonds. So light on its feet, it practically skis to its conclusion – and yet it’s full of sagacity as well. (Faber) William Golding’s 1954 novel needs no introduction, but in De Jongh’s hands it’s forcefully remade for the age of climate change, her emphasis as much on its ecological message as the morality of our schoolboy savages. A page-turner of a book that my small, not-that-keen-on-reading nephew Freddie liked just as much as I did. (Jonathan Cape) Burns, best known for his 2005 masterpiece , returns with the story of a group of young people who make an alien movie together. Suffused with apprehension, this is a powerfully allegorical comic in which nothing’s ever straightforward, be it extraterrestrials or teen romance. (translated by Jenna Allen) (Fantagraphics) Petar returns from his two-year conscription in the Yugoslav army feeling like a ghost. But then he meets a dancer called Liza, and his world changes. The great Chris Ware ( ) has said he was “stunned” by this “exquisite” portrait of a generation, and it’s not hard to see why. Just beautiful. (Jonathan Cape) Gold’s first book, a scrapbook-style memoir of her Jewish grandmother, Dr Elena Zadik, is a triumph, crossing Europe and the generations with equal alacrity. Zadik was a refugee twice over, but Gold doesn’t labour the parallels with today, choosing instead to let this wonderful but irascible woman speak for herself on the page. I loved (Faber) by Luke Healy, who was a judge of this year’s , but I’m ashamed to say he’s a fairly recent discovery for me. So I’d like a couple of titles from his backlist in my stocking: , which combines the true story of two ill-fated Arctic exhibitions with a fictional tale of a university lecturer in crisis; and , in which Healy recounts his 147-day journey along the Pacific Crest Trail. Both are published by the excellent Nobrow. • To browse all of the and s best graphic novels of 2024 go to . Delivery charges may apply

ATLANTA (AP) — Jimmy Carter, the peanut farmer who won the presidency in the wake of the Watergate scandal and Vietnam War, endured humbling defeat after one tumultuous term and then redefined life after the White House as a global humanitarian, has died. He was 100 years old. The longest-lived American president died on Sunday, more than a year after entering hospice care , at his home in the small town of Plains, Georgia, where he and his wife, Rosalynn, who died at 96 in November 2023 , spent most of their lives, The Carter Center said. “Our founder, former U.S. President Jimmy Carter, passed away this afternoon in Plains, Georgia,” the center said in posting about his death on the social media platform X. It added in a statement that he died peacefully, surrounded by his family. Businessman, Navy officer, evangelist, politician, negotiator, author, woodworker, citizen of the world — Carter forged a path that still challenges political assumptions and stands out among the 45 men who reached the nation’s highest office. The 39th president leveraged his ambition with a keen intellect, deep religious faith and prodigious work ethic, conducting diplomatic missions into his 80s and building houses for the poor well into his 90s. “My faith demands — this is not optional — my faith demands that I do whatever I can, wherever I am, whenever I can, for as long as I can, with whatever I have to try to make a difference,” Carter once said. A moderate Democrat, Carter entered the 1976 presidential race as a little-known Georgia governor with a broad smile, outspoken Baptist mores and technocratic plans reflecting his education as an engineer. His no-frills campaign depended on public financing, and his promise not to deceive the American people resonated after Richard Nixon’s disgrace and U.S. defeat in southeast Asia. “If I ever lie to you, if I ever make a misleading statement, don’t vote for me. I would not deserve to be your president,” Carter repeated before narrowly beating Republican incumbent Gerald Ford, who had lost popularity pardoning Nixon. Carter governed amid Cold War pressures, turbulent oil markets and social upheaval over racism, women’s rights and America’s global role. His most acclaimed achievement in office was a Mideast peace deal that he brokered by keeping Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin at the bargaining table for 13 days in 1978. That Camp David experience inspired the post-presidential center where Carter would establish so much of his legacy. Yet Carter’s electoral coalition splintered under double-digit inflation, gasoline lines and the 444-day hostage crisis in Iran. His bleakest hour came when eight Americans died in a failed hostage rescue in April 1980, helping to ensure his landslide defeat to Republican Ronald Reagan. Carter acknowledged in his 2020 “White House Diary” that he could be “micromanaging” and “excessively autocratic,” complicating dealings with Congress and the federal bureaucracy. He also turned a cold shoulder to Washington’s news media and lobbyists, not fully appreciating their influence on his political fortunes. “It didn’t take us long to realize that the underestimation existed, but by that time we were not able to repair the mistake,” Carter told historians in 1982, suggesting that he had “an inherent incompatibility” with Washington insiders. Carter insisted his overall approach was sound and that he achieved his primary objectives — to “protect our nation’s security and interests peacefully” and “enhance human rights here and abroad” — even if he fell spectacularly short of a second term. Ignominious defeat, though, allowed for renewal. The Carters founded The Carter Center in 1982 as a first-of-its-kind base of operations, asserting themselves as international peacemakers and champions of democracy, public health and human rights. “I was not interested in just building a museum or storing my White House records and memorabilia,” Carter wrote in a memoir published after his 90th birthday. “I wanted a place where we could work.” That work included easing nuclear tensions in North and South Korea, helping to avert a U.S. invasion of Haiti and negotiating cease-fires in Bosnia and Sudan. By 2022, The Carter Center had declared at least 113 elections in Latin America, Asia and Africa to be free or fraudulent. Recently, the center began monitoring U.S. elections as well. Carter’s stubborn self-assuredness and even self-righteousness proved effective once he was unencumbered by the Washington order, sometimes to the point of frustrating his successors . He went “where others are not treading,” he said, to places like Ethiopia, Liberia and North Korea, where he secured the release of an American who had wandered across the border in 2010. “I can say what I like. I can meet whom I want. I can take on projects that please me and reject the ones that don’t,” Carter said. He announced an arms-reduction-for-aid deal with North Korea without clearing the details with Bill Clinton’s White House. He openly criticized President George W. Bush for the 2003 invasion of Iraq. He also criticized America’s approach to Israel with his 2006 book “Palestine: Peace Not Apartheid.” And he repeatedly countered U.S. administrations by insisting North Korea should be included in international affairs, a position that most aligned Carter with Republican President Donald Trump. Among the center’s many public health initiatives, Carter vowed to eradicate the guinea worm parasite during his lifetime, and nearly achieved it: Cases dropped from millions in the 1980s to nearly a handful. With hardhats and hammers, the Carters also built homes with Habitat for Humanity. The Nobel committee’s 2002 Peace Prize cites his “untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development.” Carter should have won it alongside Sadat and Begin in 1978, the chairman added. Carter accepted the recognition saying there was more work to be done. “The world is now, in many ways, a more dangerous place,” he said. “The greater ease of travel and communication has not been matched by equal understanding and mutual respect.” Carter’s globetrotting took him to remote villages where he met little “Jimmy Carters,” so named by admiring parents. But he spent most of his days in the same one-story Plains house — expanded and guarded by Secret Service agents — where they lived before he became governor. He regularly taught Sunday School lessons at Maranatha Baptist Church until his mobility declined and the coronavirus pandemic raged. Those sessions drew visitors from around the world to the small sanctuary where Carter will receive his final send-off after a state funeral at Washington’s National Cathedral. The common assessment that he was a better ex-president than president rankled Carter and his allies. His prolific post-presidency gave him a brand above politics, particularly for Americans too young to witness him in office. But Carter also lived long enough to see biographers and historians reassess his White House years more generously. His record includes the deregulation of key industries, reduction of U.S. dependence on foreign oil, cautious management of the national debt and notable legislation on the environment, education and mental health. He focused on human rights in foreign policy, pressuring dictators to release thousands of political prisoners . He acknowledged America’s historical imperialism, pardoned Vietnam War draft evaders and relinquished control of the Panama Canal. He normalized relations with China. “I am not nominating Jimmy Carter for a place on Mount Rushmore,” Stuart Eizenstat, Carter’s domestic policy director, wrote in a 2018 book. “He was not a great president” but also not the “hapless and weak” caricature voters rejected in 1980, Eizenstat said. Rather, Carter was “good and productive” and “delivered results, many of which were realized only after he left office.” Madeleine Albright, a national security staffer for Carter and Clinton’s secretary of state, wrote in Eizenstat’s forward that Carter was “consequential and successful” and expressed hope that “perceptions will continue to evolve” about his presidency. “Our country was lucky to have him as our leader,” said Albright, who died in 2022. Jonathan Alter, who penned a comprehensive Carter biography published in 2020, said in an interview that Carter should be remembered for “an epic American life” spanning from a humble start in a home with no electricity or indoor plumbing through decades on the world stage across two centuries. “He will likely go down as one of the most misunderstood and underestimated figures in American history,” Alter told The Associated Press. James Earl Carter Jr. was born Oct. 1, 1924, in Plains and spent his early years in nearby Archery. His family was a minority in the mostly Black community, decades before the civil rights movement played out at the dawn of Carter’s political career. Carter, who campaigned as a moderate on race relations but governed more progressively, talked often of the influence of his Black caregivers and playmates but also noted his advantages: His land-owning father sat atop Archery’s tenant-farming system and owned a main street grocery. His mother, Lillian , would become a staple of his political campaigns. Seeking to broaden his world beyond Plains and its population of fewer than 1,000 — then and now — Carter won an appointment to the U.S. Naval Academy, graduating in 1946. That same year he married Rosalynn Smith, another Plains native, a decision he considered more important than any he made as head of state. She shared his desire to see the world, sacrificing college to support his Navy career. Carter climbed in rank to lieutenant, but then his father was diagnosed with cancer, so the submarine officer set aside his ambitions of admiralty and moved the family back to Plains. His decision angered Rosalynn, even as she dived into the peanut business alongside her husband. Carter again failed to talk with his wife before his first run for office — he later called it “inconceivable” not to have consulted her on such major life decisions — but this time, she was on board. “My wife is much more political,” Carter told the AP in 2021. He won a state Senate seat in 1962 but wasn’t long for the General Assembly and its back-slapping, deal-cutting ways. He ran for governor in 1966 — losing to arch-segregationist Lester Maddox — and then immediately focused on the next campaign. Carter had spoken out against church segregation as a Baptist deacon and opposed racist “Dixiecrats” as a state senator. Yet as a local school board leader in the 1950s he had not pushed to end school segregation even after the Supreme Court's Brown v. Board of Education decision, despite his private support for integration. And in 1970, Carter ran for governor again as the more conservative Democrat against Carl Sanders, a wealthy businessman Carter mocked as “Cufflinks Carl.” Sanders never forgave him for anonymous, race-baiting flyers, which Carter disavowed. Ultimately, Carter won his races by attracting both Black voters and culturally conservative whites. Once in office, he was more direct. “I say to you quite frankly that the time for racial discrimination is over,” he declared in his 1971 inaugural address, setting a new standard for Southern governors that landed him on the cover of Time magazine. His statehouse initiatives included environmental protection, boosting rural education and overhauling antiquated executive branch structures. He proclaimed Martin Luther King Jr. Day in the slain civil rights leader’s home state. And he decided, as he received presidential candidates in 1972, that they were no more talented than he was. In 1974, he ran Democrats’ national campaign arm. Then he declared his own candidacy for 1976. An Atlanta newspaper responded with the headline: “Jimmy Who?” The Carters and a “Peanut Brigade” of family members and Georgia supporters camped out in Iowa and New Hampshire, establishing both states as presidential proving grounds. His first Senate endorsement: a young first-termer from Delaware named Joe Biden. Yet it was Carter’s ability to navigate America’s complex racial and rural politics that cemented the nomination. He swept the Deep South that November, the last Democrat to do so, as many white Southerners shifted to Republicans in response to civil rights initiatives. A self-declared “born-again Christian,” Carter drew snickers by referring to Scripture in a Playboy magazine interview, saying he “had looked on many women with lust. I’ve committed adultery in my heart many times.” The remarks gave Ford a new foothold and television comedians pounced — including NBC’s new “Saturday Night Live” show. But voters weary of cynicism in politics found it endearing. Carter chose Minnesota Sen. Walter “Fritz” Mondale as his running mate on a “Grits and Fritz” ticket. In office, he elevated the vice presidency and the first lady’s office. Mondale’s governing partnership was a model for influential successors Al Gore, Dick Cheney and Biden. Rosalynn Carter was one of the most involved presidential spouses in history, welcomed into Cabinet meetings and huddles with lawmakers and top aides. The Carters presided with uncommon informality: He used his nickname “Jimmy” even when taking the oath of office, carried his own luggage and tried to silence the Marine Band’s “Hail to the Chief.” They bought their clothes off the rack. Carter wore a cardigan for a White House address, urging Americans to conserve energy by turning down their thermostats. Amy, the youngest of four children, attended District of Columbia public school. Washington’s social and media elite scorned their style. But the larger concern was that “he hated politics,” according to Eizenstat, leaving him nowhere to turn politically once economic turmoil and foreign policy challenges took their toll. Carter partially deregulated the airline, railroad and trucking industries and established the departments of Education and Energy, and the Federal Emergency Management Agency. He designated millions of acres of Alaska as national parks or wildlife refuges. He appointed a then-record number of women and nonwhite people to federal posts. He never had a Supreme Court nomination, but he elevated civil rights attorney Ruth Bader Ginsburg to the nation’s second highest court, positioning her for a promotion in 1993. He appointed Paul Volker, the Federal Reserve chairman whose policies would help the economy boom in the 1980s — after Carter left office. He built on Nixon’s opening with China, and though he tolerated autocrats in Asia, pushed Latin America from dictatorships to democracy. But he couldn’t immediately tame inflation or the related energy crisis. And then came Iran. After he admitted the exiled Shah of Iran to the U.S. for medical treatment, the American Embassy in Tehran was overrun in 1979 by followers of the Ayatollah Ruhollah Khomeini. Negotiations to free the hostages broke down repeatedly ahead of the failed rescue attempt. The same year, Carter signed SALT II, the new strategic arms treaty with Leonid Brezhnev of the Soviet Union, only to pull it back, impose trade sanctions and order a U.S. boycott of the Moscow Olympics after the Soviets invaded Afghanistan. Hoping to instill optimism, he delivered what the media dubbed his “malaise” speech, although he didn’t use that word. He declared the nation was suffering “a crisis of confidence.” By then, many Americans had lost confidence in the president, not themselves. Carter campaigned sparingly for reelection because of the hostage crisis, instead sending Rosalynn as Sen. Edward M. Kennedy challenged him for the Democratic nomination. Carter famously said he’d “kick his ass,” but was hobbled by Kennedy as Reagan rallied a broad coalition with “make America great again” appeals and asking voters whether they were “better off than you were four years ago.” Reagan further capitalized on Carter’s lecturing tone, eviscerating him in their lone fall debate with the quip: “There you go again.” Carter lost all but six states and Republicans rolled to a new Senate majority. Carter successfully negotiated the hostages’ freedom after the election, but in one final, bitter turn of events, Tehran waited until hours after Carter left office to let them walk free. At 56, Carter returned to Georgia with “no idea what I would do with the rest of my life.” Four decades after launching The Carter Center, he still talked of unfinished business. “I thought when we got into politics we would have resolved everything,” Carter told the AP in 2021. “But it’s turned out to be much more long-lasting and insidious than I had thought it was. I think in general, the world itself is much more divided than in previous years.” Still, he affirmed what he said when he underwent treatment for a cancer diagnosis in his 10th decade of life. “I’m perfectly at ease with whatever comes,” he said in 2015 . “I’ve had a wonderful life. I’ve had thousands of friends, I’ve had an exciting, adventurous and gratifying existence.” Former Associated Press journalist Alex Sanz contributed to this report.Two-thirds of Wild's top line back together with Eriksson Ek’s return

Adam Pemble, AP journalist whose compassionate lens brought stories to life, dies at 52

• Hedges high inflation, interest Outperforming the average returns at the Nigerian stock market and the entire financial services sector, the share value of United Bank for Africa (UBA) Plc has delivered an impressive 375 per cent capital gains to investors in nearly five years. Data from the Nigerian Exchange Limited (NGX) at the weekend indicated that investors in UBA have continued to earn an average annual return of about 75 per cent over some five-year period, highlighting UBAs impressive records as a high-yielding, inflation-hedging stock. Nigeria’s benchmark interest rate- Monetary Policy Rate (MPR) stands at 27.25 per cent. The inflation rate stands at 33.88 per cent, according to the October 2024 Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS). Basically, analysis of trading reports for the period between December 31, 2019, and December 06, 2024, indicated that UBA recorded a cumulative capital gain of 374.83 per cent during the period, representing an average annual gain of 74.97 per cent. Putting this into perspective, this implies that an investor who had invested N500,000 in the shares of UBA at the year’s opening price for 2020, now has a real, immediate market value of more than N2.374 million, due to accumulated capital gains. This excludes accrued cash dividends over the five years. With an average year-to-date return of 35.26 per cent, UBA is ahead of the market by more than twice the average year-to-date return of 15.53 per cent for the banking sector. Also, UBA is ahead as the average year-to-date return for the benchmark index, the All-Share-Index (ASI) of equities on NGX which closed the weekend at 31.34 per cent. UBAs share price had opened 2020 at N7.15 per share, its closing price for December 31, 2019. It closed the weekend at N33.95 per share, 35.26 per cent above its 2024s opening price of N25.10 per share, its closing price for December 30, 2023. The three-digit capital gain highlights UBA as a major driver of the bullish trend in the Nigerian stock market, which has sustained five years of consecutive positive returns. As an investor-friendly stock in terms of consistent and above-average cash dividend payment, UBA is reputed to pay dividends twice a year, an interim dividend and a final dividend. It recently paid an interim dividend of N2 per share on its first half of 2024 results, the highest payout by any bank and one of the three highest yields in the entire stock market. Such an investor who had invested N500,000 at the 2020s opening price would have received a cash dividend of some N139,860 as an interim dividend for the 2024 business year, more than a quarter of his initial investment. UBA is currently offering existing shareholders exclusive opportunities to increase their shareholdings in the bank with its ongoing N239.4 billion rights issue. The pan-African banking group is offering 6.84 billion ordinary shares of 50 kobo each to existing shareholders at N35 per share. The rights issue is pre-allotted on the basis of one new ordinary share of 50 kobo each to every five ordinary shares held as at November 05, 2024. The rights issue is scheduled to close on December 24, 2024. Shareholders have hailed the decision on a rights issue as a deliberate incentive. In a survey, minority retail shareholders, who constitute nearly three-quarters of UBAs nearly 280,000 shareholders, were excited about the rights issue, with most indicating the possibility of applying for more than their pre-allotted shares. Extant rules in the Nigerian market allow shareholders to apply for more shares and also for the company to consider such requests for additional shares. Shareholders can also trade their rights on the stock market. Shareholders said UBAs track records of solid financial performance, dividend policy and capital gain were competitive advantages for the pan-African banking group. Speaking, a longstanding UBAs shareholder and Founder of the Independent Shareholders Association of Nigeria (ISAN), Sir Sunny Nwosu, said “UBA has proven to be dependable and resilient, attributes that have endeared the stock to all cadres of investors. “The bank is doing well, so also are its subsidiaries. From whatever angle you look at it, UBA is a good buy. And I’m talking as a long-time shareholder. It is one bank that prioritises shareholders’ happiness. Go down the lane and check the bank’s dividend history and critical decisions when it comes to shareholders’ issues. “Its a bank one can rest on, so, I’m advising other shareholders to pick up their rights, it’s an opportunity. We are picking up ours and even asking for more.” Another major UBA shareholder and President, Association for the Advancement of Rights of Nigerian Shareholders (AARNS), Dr Faruk Umar described UBA as a solid bank with a lot more to offer the shareholders in the future. “I strongly advise shareholders to pick up their rights as I am very hopeful the price will go up after the rights offer is concluded. All members of our Association are going to buy their rights as we strongly believe in the quality of the board, management, and staff of the bank,” Umar said. Market analysts are unanimous that share prices are illustrative of the fundamental values of quoted companies. For the nine-month ended September 30, 2024, UBA reported 83.2 per cent growth in gross earnings to N2.398 trillion, almost a double of N1.308 trillion recorded in the third quarter of 2023. Operating income rose from N1.02 trillion in the third quarter of 2023 to N1.54 trillion in the third quarter of 2024, an increase of about 51 per cent. Profit before tax increased to N603.48 billion compared with N502.09 billion recorded in the third quarter of 2023. After taxes, net profit also rose from N449.26 billion in the third quarter of 2023 to N525.31 billion in the third quarter of 2024. Earnings per share thus improved from N12.93 to N14.78. Group balance sheet size expanded by 54 per cent to N31.80 trillion by September 2024 as against N20.653 trillion recorded at the end of December 2023. The bank benefitted largely from its technology-led initiatives targeted at improving customer experience over the past few years, with total deposits rising to N26.50 trillion, representing a 52.7 per cent rise from N17.355 trillion at the end of December 2023. The deposit base was driven by increased brand appeal across the retail and corporate markets. Customer deposits had jumped from N14.8 trillion to N22.97 trillion while deposits from banks increased from N2.46 trillion to N3.53 trillion. Loans and advances to customers grew by 46.8 per cent from N5.23 trillion in December 2023 to N7.68 trillion in September 2024. While the paid-up share capital remained unchanged at N17.10 billion, total equity jumped by 76.8 per cent from N2.03 trillion in December 2023 to N3.59 trillion in September 2024. Managing Director, Arthur Steven Asset Management, Mr. Olatunde Amolegbe, said share pricing at the stock market thrives on a concept of forward-pricing mechanism, where investors take into consideration the potential future return based on available track records and emerging developments. Managing Director, of HighCap Securities Limited, Mr. David Adonri, said share price is a reflection of the market value for a company, comprising both past performances and future expectations. ALSO READ FROM NIGERIAN TRIBUNE Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more. Join our WhatsApp Channel nowBy Morgan Rousseau As the nation’s most feast-friendly holiday approaches, Stop & Stop says it’s ready for Thanksgiving shoppers despite a recent cyber attack that impacted its grocery inventory. On Nov. 8, Stop & Shop’s parent company, Ahold Delhaize, said it identified a cybersecurity issue within its U.S. systems, prompting an investigation. The company was vague about what processes were threatened during the attack but said the incident impacted some pharmacies, e-commerce online, and product deliveries. After the cyber attack, the company said it was working quickly to restock its inventory. On Friday, less than one week before Thanksgiving, a Stop & Shop spokesperson said the grocer was fully stocked and ready for shoppers. “Stop & Shop stores are stocked and largely recovered,” Stop & Shop Corporate Communications Manager Caroline Medeiros said Friday. “We recognize the high trust our customers place in us to nourish their families and our communities, and we deeply appreciate their patience as we worked to restock our shelves. Our stores are stocked and ready to serve our shoppers in advance of their holiday celebrations.” To show appreciation to customers, Stop & Shop is offering free coffee and “sweet treats” from 10 a.m. to 3 p.m. Saturday and Sunday in nearly 200 store locations across Massachusetts, Rhode Island, and Connecticut. Boston.com Today Sign up to receive the latest headlines in your inbox each morning. Be civil. Be kind.TOPEKA, Kan. (AP) — Republicans made claims about illegal voting by noncitizens a centerpiece of their 2024 campaign messaging and plan to push legislation in the new Congress requiring voters to provide proof of U.S. citizenship. Yet there's one place with a GOP supermajority where linking voting to citizenship appears to be a nonstarter: Kansas. That's because the state has been there, done that, and all but a few Republicans would prefer not to go there again. Kansas imposed a proof-of-citizenship requirement over a decade ago that grew into one of the biggest political fiascos in the state in recent memory. The law, passed by the state Legislature in 2011 and implemented two years later, ended up blocking the voter registrations of more than 31,000 U.S. citizens who were otherwise eligible to vote. That was 12% of everyone seeking to register in Kansas for the first time. Federal courts ultimately declared the law an unconstitutional burden on voting rights, and it hasn't been enforced since 2018. Kansas provides a cautionary tale about how pursuing an election concern that in fact is extremely rare risks disenfranchising a far greater number of people who are legally entitled to vote. The state’s top elections official, Secretary of State Scott Schwab, championed the idea as a legislator and now says states and the federal government shouldn't touch it. “Kansas did that 10 years ago,” said Schwab, a Republican. “It didn’t work out so well.” Steven Fish, a 45-year-old warehouse worker in eastern Kansas, said he understands the motivation behind the law. In his thinking, the state was like a store owner who fears getting robbed and installs locks. But in 2014, after the birth of his now 11-year-old son inspired him to be “a little more responsible” and follow politics, he didn’t have an acceptable copy of his birth certificate to get registered to vote in Kansas. “The locks didn’t work,” said Fish, one of nine Kansas residents who sued the state over the law. “You caught a bunch of people who didn’t do anything wrong.” Kansas' experience appeared to receive little if any attention outside the state as Republicans elsewhere pursued proof-of-citizenship requirements this year. Arizona enacted a requirement this year, applying it to voting for state and local elections but not for Congress or president. The Republican-led U.S. House passed a proof-of-citizenship requirement in the summer and plans to bring back similar legislation after the GOP won control of the Senate in November. In Ohio, the Republican secretary of state revised the form that poll workers use for voter eligibility challenges to require those not born in the U.S. to show naturalization papers to cast a regular ballot. A federal judge declined to block the practice days before the election. Also, sizable majorities of voters in Iowa, Kentucky, Missouri, Oklahoma, South Carolina and the presidential swing states of North Carolina and Wisconsin were inspired to amend their state constitutions' provisions on voting even though the changes were only symbolic. Provisions that previously declared that all U.S. citizens could vote now say that only U.S. citizens can vote — a meaningless distinction with no practical effect on who is eligible. To be clear, voters already must attest to being U.S. citizens when they register to vote and noncitizens can face fines, prison and deportation if they lie and are caught. “There is nothing unconstitutional about ensuring that only American citizens can vote in American elections,” U.S. Rep. Chip Roy, of Texas, the leading sponsor of the congressional proposal, said in an email statement to The Associated Press. After Kansas residents challenged their state's law, both a federal judge and federal appeals court concluded that it violated a law limiting states to collecting only the minimum information needed to determine whether someone is eligible to vote. That's an issue Congress could resolve. The courts ruled that with “scant” evidence of an actual problem, Kansas couldn't justify a law that kept hundreds of eligible citizens from registering for every noncitizen who was improperly registered. A federal judge concluded that the state’s evidence showed that only 39 noncitizens had registered to vote from 1999 through 2012 — an average of just three a year. In 2013, then-Kansas Secretary of State Kris Kobach, a Republican who had built a national reputation advocating tough immigration laws, described the possibility of voting by immigrants living in the U.S. illegally as a serious threat. He was elected attorney general in 2022 and still strongly backs the idea, arguing that federal court rulings in the Kansas case “almost certainly got it wrong.” Kobach also said a key issue in the legal challenge — people being unable to fix problems with their registrations within a 90-day window — has probably been solved. “The technological challenge of how quickly can you verify someone’s citizenship is getting easier,” Kobach said. “As time goes on, it will get even easier.” The U.S. Supreme Court refused to hear the Kansas case in 2020. But in August, it split 5-4 in allowing Arizona to continue enforcing its law for voting in state and local elections while a legal challenge goes forward. Seeing the possibility of a different Supreme Court decision in the future, U.S. Rep.-elect Derek Schmidt says states and Congress should pursue proof-of-citizenship requirements. Schmidt was the Kansas attorney general when his state's law was challenged. "If the same matter arose now and was litigated, the facts would be different," he said in an interview. But voting rights advocates dismiss the idea that a legal challenge would turn out differently. Mark Johnson, one of the attorneys who fought the Kansas law, said opponents now have a template for a successful court fight. “We know the people we can call," Johnson said. “We know that we’ve got the expert witnesses. We know how to try things like this.” He predicted "a flurry — a landslide — of litigation against this.” Initially, the Kansas requirement's impacts seemed to fall most heavily on politically unaffiliated and young voters. As of fall 2013, 57% of the voters blocked from registering were unaffiliated and 40% were under 30. But Fish was in his mid-30s, and six of the nine residents who sued over the Kansas law were 35 or older. Three even produced citizenship documents and still didn’t get registered, according to court documents. “There wasn’t a single one of us that was actually an illegal or had misinterpreted or misrepresented any information or had done anything wrong,” Fish said. He was supposed to produce his birth certificate when he sought to register in 2014 while renewing his Kansas driver's license at an office in a strip mall in Lawrence. A clerk wouldn't accept the copy Fish had of his birth certificate. He still doesn't know where to find the original, having been born on an Air Force base in Illinois that closed in the 1990s. Several of the people joining Fish in the lawsuit were veterans, all born in the U.S., and Fish said he was stunned that they could be prevented from registering. Liz Azore, a senior adviser to the nonpartisan Voting Rights Lab, said millions of Americans haven't traveled outside the U.S. and don't have passports that might act as proof of citizenship, or don't have ready access to their birth certificates. She and other voting rights advocates are skeptical that there are administrative fixes that will make a proof-of-citizenship law run more smoothly today than it did in Kansas a decade ago. “It’s going to cover a lot of people from all walks of life,” Avore said. “It’s going to be disenfranchising large swaths of the country.” Associated Press writer Julie Carr Smyth in Columbus, Ohio, contributed to this report.

Blake Lively is defended by director Paul Feig amid allegations of a smear campaign by Justin Baldoni Have YOU got a story? Email tips@dailymail.com By ALESIA STANFORD FOR DAILYMAIL.COM Published: 20:24 GMT, 23 December 2024 | Updated: 20:29 GMT, 23 December 2024 e-mail 60 shares 8 View comments Blake Lively has received support from a director who praised her work ethic in a social media post following her sexual harassment complaint against Justin Baldoni . Lively, 37, has accused It Ends With Us director and star of creating an 'hostile work environment' while working on the film and hiring a crisis management team to 'take down' the actress afterward. Paul Feig, 62, who worked with Lively on the psychological thriller A Simple Favor and the sequel, A Simple Favor 2, took to X/ Twitter on Sunday to defend her. 'I’ve now made two movies with Blake and all I can say is she’s one of the most professional, creative, collaborative, talented and kind people I’ve ever worked with,' the Directors Guild of America Award winner stated. 'She truly did not deserve any of this smear campaign against her. I think it’s awful she was put through this.' Feig included the link to an article in The New York Times detailing alleged efforts to make the veteran star look bad during the promotion of the drama about domestic violence after rumors of discord between her and Baldoni, 40, emerged. Director Paul Feig, 62, has offered his support to embattled actress Blake Lively, 37 amid her sexual harassment complaint against It Ends With Us director and star Justin Baldoni alleging he created a hostile work environment on set and launched a smear campaign against her The legal complaint , filed Friday, contained subpoenaed communication, including texts, between Baldoni and the PR Crisis team he hired. 'You know we can bury anyone, but I can't write that to him (Baldoni)' Melissa Nathan of The Agency Group wrote to Jennifer Abel of RWA communications in a text. Nathan reportedly represented Johnny Depp during his 2022 lawsuit against former wife Amber Heard, following an op-ed piece she wrote about her experience with domestic violence in The Washington Post . Heard did not mention the actor by name in the piece. A screen shot showing an unflattering article about Hailey Bieber being a bully alleged to be from Baldoni to Abel was included in the documents, with Baldoni telling his team 'this is what we would need.' Lively's breakout role was in 2005's The Sisterhood of the Traveling Pants and her co-stars, America Ferrera , Amber Tamblyn and Alexis Bledel, have all spoken in support of their longtime friend. In a joint Instagram post on Sunday, Tamblyn and Ferrera released a statement signed by all three of them, including Bledel, who is not active on the platform. 'In support of our sister, Blake,' they wrote in the caption and signed off with a red heart emoji and their first names. 'As Blake's friends and sisters for over twenty years, we stand with her in solidarity as she fights back against the reported campaign waged to destroy her reputation,' the trio's statement read. The director spoke out in a posting on X/Twitter Sunday night, praising the actress for her work ethic Feig worked with Lively on 2018's A Simple Favor and the upcoming sequel Lively has accused Baldoni, 40, of launching a smear campaign against her by hiring a PR Crisis management team to 'take' her 'down'. The actor and director has denied the allegations Read More Amber Heard speaks out about Blake Lively's Justin Baldoni claims as celebs pick sides in viral feud 'Throughout the filming of It Ends With Us, we saw her summon the courage to ask for a safe workplace for herself and colleagues on set,' they stated. 'And we are appalled to read the evidence of a premeditated and vindictive effort that ensued to discredit her voice,' they continued. 'Most upsetting is the unabashed exploitation of domestic violence survivors' stories to silence a woman who asked for safety,' Lively's Sisterhood co-stars wrote. 'The hypocrisy is astounding.' Lively's Sisterhood of the Traveling Pants co-stars have also come forward to defend Lively whom they have known for some two decades: from left to right: Lively, Ferrera, Bledel, Tamblyn pictured in 2008 portrait The three actresses issued a lengthy statemen defending their longtime friend, praising her for her 'courage to ask for a safe workplace' and 'to stand up for herself and others.' The women said they were appalled by the 'premeditated and vindictive effort' to 'discredit her voice' In the lengthy complaint Lively also detailed dozens of alleged incidents of sexual harassment and inappropriate behavior toward herself and other women on the set. Among the allegations, The Rhythm Section actress accused Baldoni of being overly concerned with her appearance and weight. She detailed how he allegedly went behind her back to talk to her personal trainer about helping her to lose weight, and disguised a referral to a weight loss expert as someone who would 'help her with probiotics and to combat' strep throat. Baldoni has denied the allegations, however, the damning charges have resulted in his being dropped by talent agency WME, which also represents Lively . Blake Lively Justin Baldoni Share or comment on this article: Blake Lively is defended by director Paul Feig amid allegations of a smear campaign by Justin Baldoni e-mail 60 shares Add comment

KUWAIT: Kuwait Times recently visited Al-Hayat Universal Bilingual School to introduce students in grades six to eight to the world of journalism. The visit, organized by the school’s English department, is in line with the newspaper’s ongoing efforts to promote media literacy and give back to the community. During the visit, Nebal Snan, a journalist from Kuwait Times, shared valuable insights into the role of journalists, explaining how they help document significant events and shape the way future generations view the world. The students were engaged by real-life examples from the Kuwait Times archive, including stories about UFO sightings in Kuwait, highlighting the diverse topics journalists cover and the influence of media on public perception. The session also stressed the importance of critical thinking in both consuming and creating news. The students were encouraged to question the news they encounter and think about how the media shapes their views. They were also introduced to the growing role of technology in journalism. Students listened to how smartphones and social media are allowing ordinary people to become “citizen journalists,” sharing news from areas where professional reporters may be unable to reach, including war zones such as Gaza. Through this initiative, Kuwait Times is helping to raise awareness about the power and responsibility of journalism, ensuring that students understand the importance of media literacy and journalistic integrity in today’s digital age.

( MENAFN - GetNews) The first battle in our country's morality war must start with us. That can be hard because if you are like me, you have screwed up royally in the past. Drew Alan Hall describes his father as his best friend, though they sometimes disagree on specific subjects. One such subject is politics. While neither Hall nor his father considers themselves far right or far left, they occupy different sides of the aisle regarding presidential candidates. Recent elections have sparked heated conversations between them, often centered not on tax strategy or foreign policy but on morality - specifically, the morality of individuals and their politics. Election years tend to bring moral issues to the forefront of public discourse, addressing topics ranging from gender identification to abortion and beyond. These issues emerge in debates between candidates and conversations among individuals, often spilling over into social media. During one such discussion with his father, Hall observed that many people look to political figures and parties as society's moral compass. The distinction between the morality of policies and the morality of candidates often becomes blurred. Hall believes followers of Jesus should take time to pray and reflect on how they approach their beliefs about morality and political choices before casting their votes. The desire for leaders to embody strength and integrity is not unique to America. The Bible illustrates this struggle when God's people asked for a king. Saul, who looked the part, was flawed internally, while David, a man after God's heart, made significant moral missteps. These two leaders, despite their outward differences, both faced moments of moral failure. Hall notes that while society often demands its leaders exemplify morality and integrity, individuals may not hold themselves to the same standards. The first step in addressing the nation's morality issues must begin with individuals. Acknowledging personal mistakes can be challenging, and past failures may lead some to feel unworthy of being used by God. Hall suggests that such thinking can cause people to expect their leaders to achieve what they themselves cannot. Conversations about morality and leaders' actions often overlook personal accountability. To see a shift in national morality aligned with God, Hall emphasizes that individuals must first address their own lives. This personal transformation does not necessarily require running for office but does demand active participation in the mission of making disciples and sharing the good news of Jesus. Hall draws parallels to the life of Peter, who, after denying Jesus, initially returned to his old life as a fisherman. However, an encounter with the risen Messiah helped Peter move past his guilt and step into God's work, ultimately playing a pivotal role in the establishment of the church. Hall highlights that while Peter did not pursue political office, his personal transformation led to world-changing impact. As the election approaches, Hall encourages individuals to seek a transformative conversation with Jesus. Such a conversation can lead to the realization of God's plan for their lives, replacing guilt and shame with grace and forgiveness. Hall believes this shift - aligning actions with beliefs - can gradually influence the nation's morality. For Christians navigating the election season, Hall offers three steps. First, engage in an honest conversation with Jesus to assess whether personal actions align with beliefs. Second, pray for guidance to discern the candidate to support and determine how to do so in a way that honors Christ. Third, remember that a follower of Jesus finds identity in His life, death, and resurrection - not in any political candidate or party. Regardless of who wins the presidency, Jesus remains King. About "How To Keep it Real" by Drew Alan Hall Has regret over past denial of God kept you from the purpose he has for your life? The good news is God does not want you to stay sidelined by past mistakes. By comparing the story of Peter's denial to my own, this book shows how one tough conversation with Jesus could be the thing that moves you forward to radically living for him. In this book, readers will be introduced to three things. Get a Free Copy of this Book on Amazon From December 23 to December 27th. Amazon: Kharis Website: About Kharis Publishing At Kharis Publishing, we believe every writer deserves a chance to share their story with the world. If you've faced rejection after rejection, you're not alone-many great authors have been in your shoes. Video Link: MENAFN27122024003238003268ID1109036027 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.INDIANAPOLIS , Dec. 29, 2024 /PRNewswire/ -- American Legion National Commander James A. LaCoursiere, Jr. , issued the following statement today concerning the passing of former President Jimmy Carter : "President Carter was a Legionnaire, a distinguished Navy veteran and a devout Christian. His commitment to human rights and community service was respected worldwide. He lived longer than any president in American history and made the most of his post-presidential years by strongly advocating for world peace and improving the lives of the disadvantaged. His energy, integrity and humility were admired by people across the political spectrum. President Carter's wife, Rosalynn, was a leader in mental health awareness. They will both be missed. Our condolences to the entire Carter family and the many lives that they have touched, especially in their home state of Georgia ." During an address to The American Legion's 1980 national convention, President Carter described his vision for America on the world stage. "We do not maintain our power in order to seize power from others. Our goal is to strengthen our own freedom and the freedom of others, to advance the dignity of the individual and the right of all people to justice, to a good life, and to a future secure from tyranny. In choosing our course in the world, America's strength serves American values," he said. About The American Legion The American Legion , the nation's largest veterans organization, is dedicated to the motto of "Veterans Strengthening America." Chartered by Congress in 1919, The American Legion is committed to mentoring youth and sponsoring wholesome community programs, advocating patriotism and honor, promoting a strong national security and continued devotion to service members and veterans. It has made suicide prevention its top priority through its Be the One mission . Nearly 1.6 million members in more than 12,000 posts across the nation and regions overseas serve their communities with a devotion to mutual helpfulness. Media contact: John Raughter , [email protected] , 317.630.1350 SOURCE The American Legion

Authored by David B. Collum, Betty R. Miller Professor of Chemistry and Chemical Biology - Cornell University (Email: dbc6@cornell.edu , Twitter: @DavidBCollum), Dave Collum’s annual Year in Review covers a wide range of topics including finance, geopolitics, conspiracy theories, healthcare, energy, and cultural issues, with a focus on skepticism towards mainstream narratives and the potential for significant societal and economic shifts. Every year, David Collum writes a detailed “Year in Review” synopsis ( 2023 , 2022 , 2021 , 2020 , 2019 , 2018 ) full of keen perspective and plenty of wit. This year’s is no exception, with Dave striking again in his usually poignant and delightfully acerbic way. Click here for a PDF version of this report! Part 1 Part 2 (Coming Later This Week) Part 3 (Coming in January of 2025) I have the advantage of having found out how hard it is to get to really know something. ~ Richard Feynman What is a woman? ~ Matt Walsh We have reached crisis levels of doubt. It is The Age of Unenlightenment or what Brett Weinstein calls the Cartesian Dark Ages. ref 1 NSA analyst and radical Islam expert Stephen Coughlin says he no longer knows who is calling the shots. ref 2 How do you know what is a fact? AI-generated images and videos have reached near-perfection. The pathological liars in the mainstream media spew agitprop for the pathological liars inside the beltway, all backed by the pathological liars of the Deep State running the fact-check programs. I use the Deep State phrase first introduced by Berkeley scholar Peter Dale Scott as a catch all to avoid wading through all the possible three- and four-letter agencies domiciled in multiple countries that might be the culprit du jour. A more pejorative and colloquial synonym, “The Blob”, was coined by Obama but has only recently begun trending. If this is all new to you, check out Mike Benz on the Joe Rogan Experience for a crash course (#2237). ref 3 My frustration levels soar when I try to provide what I believe is an uncomfortable truth and my victim responds, “I Googled it, and you are wrong.” Oh for fuck’s sake: how many Deep-State-sponsored fact-checkers told you that? It feels like we are suffering from a non-kinetic assault from somebody using Sun Tsu’s Three Warfares Doctrine: psychological warfare, media warfare, and legal warfare. ref 4 I have no idea where this is coming from, but I have ground my brain to mush trying to understand why so many of our leaders show no evidence of foundational beliefs in the American Experiment. Paul Harvey nailed it in his 1965 diatribe, “If I Were the Devil.” ref 5 Take the three minutes to listen. When finished, ask what Paul would add to a 2024 revision. Walter Kirn: I feel that my information gathering system is broken. Matt Taibbi: Yup. I feel the same way. ref 6 There are days in which I yearn for the return of the era of frontier justice. You couldn’t afford to be a dickweed in the olden days because it was too easy for someone to lay waste to you when nobody was looking. Throughout this document you will be introduced to people and ideas that make you wish some form of justice would return. I have a solution. We try to use the justice system under the new administration, but if that fails, we round up some of the most serious miscreants—I’m thinking Fauci et al. , a few Soros-funded prosecutors in the Department of Justice, and maybe even some of those iatrogenic doctors irreversibly damaging kids—and give them an all-expense paid trip—a three-hour tour—to the tropical paradise called “Snake Island.” Snake Island is a biological anomaly. It is teaming with the most venomous snakes in the world—an estimated 5 snakes per square meter. They feed on shorebirds that must be killed instantly. It is against international law to go there, which strikes me as government overreach. Let’s do a dump-and-run of these cretins: “We’ll be back in a couple hours, gents.” Conspiracy Theory. Every year I denounce people who shy away from conspiracy theories. When you find yourself saying, “I am not a conspiracy theorist but...” you just revealed that you are one. Embrace the label. Men and women of wealth and power conspire. If you disagree, I am baffled that you made it this far through this document. Buckle up because it is gonna get much worse. Michael Shermer, a professional debunker of conspiracy theories, included in his book Conspiracy a series of metrics somebody came up with to determine whether a theory is weak or strong. Michael morphed it into a metric of how nuts you are. He should know because he is a professional! He probably works for the See Eye Ay. As an aside, the word “debunk” is inherently flawed because it implicitly presumes the conclusion that something is wrong, and then you set out to prove it. I read and write to see where it takes me. It might show my suspicion I was right or wrong, but the theories I choose to examine—the rabbit holes I go down—are pre-determined to be worthy of further study. Occasionally, I am told to “stay in your lane.” I try to resist my favorite response—“You sack of shit”—which happens to be exactly the phrase I use when somebody doesn’t use their blinker. Then I calmly point out that nothing important is accomplished by people worried about staying in their lane. Until you’re ready to look foolish, you’ll never have the possibility of being great. ~ Cher Let’s see how you do on the Collum Conspiracy Test (CCT) to obtain your CCT score (CCTS). Read the 30 declarative statements listed below that are in conflict with standard narratives. Keep score on a Post-it by giving yourself: I’ll give you my CCTS when you are done. Now for the quiz... If you got a perfect CCTS of either zero or 60, get professional help. You have an unstable personality. A CCTS above 50 suggests you only spotted the explicit sanity checks; you are a loon but not necessarily at risk of harm to yourself or others. A score of 40–49 tags you as a World-class rabbit chaser. A CCTS of 20–39 places you in the Zerohedge bell curve. Below 20 means you are not a die-hard conspiracy theorist but occasionally spot oddities. I hasten to add that, if you think the world is that straightforward, the Joe Rogan–Marc Andreessen podcast (#2234) ref 7 and Rogan-Mike Benz mind bender ref 8 combo platter will adjust your attitude. As promised, I scored 40; exactly which declarations scored me points is my business, although this Year in Review and previous Year in Reviews ref 9 , 10 , 11 offer some insights. Also, my scale is conservative... I did a curious experiment using Twitter’s “Grok” AI product. The result was rather humorous and serves a dual purpose as a stylistic biographical sketch and bolus for my insatiable narcissism. This is unedited. No phrases like “insufferable douche bag” were deleted: Hey Grok: Describe the general theme of posts on Twitter by @DavidBCollum Grok: Ah, @DavidBCollum, a character on Twitter, or should I say, X, whose posts could be described as a cocktail of wit, skepticism, and a dash of financial insight, all served with a side of humor. Here’s the general theme of his posts: In essence, @DavidBCollum’s X posts are a blend of financial wisdom, cultural critique, personal life, and a good dose of humor, all served with a side of skepticism towards the mainstream narrative. If Twitter were a bar, he’d be the bartender who knows all the good stories, tells them with flair, and makes you question your drink’s price. One of my Twitter buddies, @BenjaminWHart, has been calling me Andy Rooney for years now. I should just declare victory, type QED, quit while I’m ahead, and get a real life. This is the greatest thing I have ever seen that didn’t include female nudity of some kind. ~ John Ziegler, journalist This 2024 Year in Review, also called the Urine Review by my wife or YIR for short, comes in three parts. Bob Moriarty: When are you going to release part three? We wait patiently. Me: Not clear, but I am writing. It is a monumentally complex task compared to the other chapters. Moriarty: I hate it when you whine. Warning: I have provided an overview and implications of the election, but you will be shocked and disappointed (or not) at how little I dug into the nearly 200 pages of notes I had collected. Kilograms of ATP got fried and countless hours of my life were squandered trying to understand Biden and then Harris. And then—*poof*—on November 5th these two DNC Trojan Whores were both gone. We became unburdened by what could have been. 11/5 will live in infamy as the DNC’s 9/11. But all those quotes and anecdotes underscoring the total absurdity of the election seem irrelevant now. I am confident, however, that we collectively dodged a bullet by sending these two sociopaths to the political light. My wife created this for me in 2016... Of course, Trump’s victory was a bipartisan surprise as the polls convinced the Left that Kamala was a legitimate contender while those of us on the Right believed The Blob would find a way to stop Trump at any cost. The election was disruptive on so many levels, and has left us with a geopolitical landscape smothered by a pea-soup fog. I am confident that the Trump Presidency 2.0 will have little connection to the 1.0 release. I am optimistic because the system is broken and needs to be razed and rebuilt. The team he is assembling, for better or worse, includes some young brawlers with a sense of purpose gained from locking horns with the system. It is personal for many of them. Thus, the razing part looks like a lock whereas the reconstruction will be a far trickier task. As to the apparent non-trivial number of apparent losers being hired, I urge people to assume that they were vetted by The Donald’s inner circle and fit nicely in whatever is his plan. Doubtless, Trump et al. will generate plenty of material for a 2025 Urine Review. Source Material. You are born into the last chapter of a whodunnit mystery. If you wish to follow the thread you must read the preceding chapters. My efforts to do so are often reflected in the books I read compiled in the “Books” chapter (Part 2). I choose them carefully because my time is precious. They are invariably from the non-fiction shelf, although I often wonder if they have been shelved wrong. Jonathan Turley’s The Indispensable Right , for example, scrutinizes the battles for free speech in America at the Supreme Court level. It is scholarly and riveting, which are two words that are usually juxtaposed. Jonathan forces you to view free speech through a different lens. I write so that knowledge of these important matters may not fade away like the fleeting memories of a passing dream. ~ Thomas Hooker, 1586-1647, source vague I have come to realize that history is a highly fluid series of opinions that are prone to revision. By example, the section entitled, “A Revisionist History of WWII and FDR” is about a journey through a half dozen books that blindsided me. I gave a 20-minute talk on that topic at the New Orleans Investment Conference. ref 12 , 13 Yup. The revised history of WWII and FDR in 20 minutes. I also love ZeroHedge. Strap on your bullshit filter, but ZeroHedge is often at the vanguard of breaking stories. Twitter has become the other go-to place for the global events of the day. Love him or hate him, Elon saved the day by buying Twitter for the low, low price of $44 billion and then firing 90% of its employees who were contra-functional. Many are now working for FEMA where special skills are neither needed nor encouraged. Elon also brought in a number of new functions including its AI chatbot, Grok, and another AI-based editorial function in which a Tweet can be automatically clarified or revised based on follow up comments. I should add that this document was created without AI except when explicitly mentioned. Twitter was the only place to keep track of the rising stardom of Catturd and Brendan Dilley, legendary memers, and Hailey Welch, known by her boyfriends and now the world as Hawk Tuah Girl. Haliey is more than just a hot chick from the sticks; she pulled off a pump and dump on a new crypto. ref 14 That is how you “Hawk Tuah!” Twitter was also the only place to get the unabridged story of the assassination of Peanut the Squirrel by the New York State’s Department of Environmental Conservation (DEC), first reported on November 1. The head of the DEC had to go into hiding. ref 15 The memes—oh those fabulous Twitter memes—smothered the election posts for 24 hours. 11/1 is the 9/11 of 2024. No squirrel has done more to underscore the evils and overreach of government since Rocky the Flying Squirrel battled the Rooskies. You can’t help but notice that the political right dominates the meme world, which turns out to be of consequence. My theory is the left has no sense of humor. Twitter also serves as my LinkedIn, providing extraordinary digital networks and resources, but it can also break your spirit... Or get a little nasty at times... That Dave Collum guy. I think he is the greatest. I think he is smart as fuck. I enjoy reading his stuff. I enjoy reading his letter. I enjoy listening to him. But I don’t agree with everything he says. I agree with maybe half of it. But he is entitled to his point of view, and I’m entitled to mine, but it’s guys like that that make you think. ref 16 ~ Mark Cohodes (@AlderLaneEggs) This nugget of sociobiology serves as a reminder that this is my Year in Review, not yours. I am offering to share it at fair market value—no cost. You’re welcome. Don’t I risk losing readers? Nope. You’re it. Creating this review forces me to organize 500–700 pages of notes, quotes, and jokes before they go down the memory hole never again to see the light of day. This section is all me—my 2024 Dear Diary entry. I am often asked some variant of, “How do you still work at Cornell with those ideas?” My first answer is that Cornell University is a great institution that has a faction of nutjobs on the faculty. This question has, however, become more than rhetorical on occasion. In 2020 I got my ass whooped by a cancellation because of a statement on social media that got me publicly denounced in an open letter by the former President. The heinous crime: I supported the police in a Tweet. Oh the humanity! I still have a little scar tissue from sleeping with loaded rifles and steak knives strategically placed around the house. (I am not joking.) Occasionally somebody will denounce me on Twitter and tag Cornell (@Cornell). Trying to undermine somebody’s livelihood because you are offended is sinister. You certainly have the right to be offended, but you don’t have the right to never be offended. I respond to such subtle jabs by leaving @Cornell in the thread and then “bitch slapping” the asshat. It is better than hunting them down like a mad dog and “beating them with a bag of oranges”, which is my natural instinct. ( 23andMe DNA traced me back to an inbred tribe in the Neander Valley.) We have an enormous number of expensively schooled imbeciles who are badly educated at great expense. ~ George Will The younger generation is getting harder to understand and very easy to offend. I feel like Jane Fookin’ Goodall on her first day. They have no sense of humor because every joke has an edge—a butt of the joke—and they don’t think that is fair. I got into a kerfuffle with my class on day one by dropping too many jokes that would have been innocuous in smaller doses, but it largely subsided when they realized that I care about them and that many of my stories and anecdotes provide serious career and life lessons, albeit deeply embedded in my Tourettes-like outbursts. I talk to them about the highly distracting digital world that must be resisted. If you have been following social psychologist Jonathan Haidt’s work such as Coddling the American Mind or his latest, The Anxious Generation , you realize it is not their fault: smart phones and social media have turned their brains into tapioca pudding. You might as well park them in front of a one-armed bandit in Las Vegas for 15 hours a day. Now imagine a 12-year-old boy with ritalin coursing through his veins deep-diving Pornhub. Would that kid ever study? Would he ever leave his room? If he somehow managed to get a date—the stats showing a collapse of teen dating are horrifying—would you want your daughter to beta test his new-fangled skills? As parents, do not underestimate the severity of this problem. OK. I got off topic again. I tend to do that. Overall, my year was uneventful, with most of it fitting neatly in the sections on “Investing” and “Healthcare”. I wrapped up my research program this year after a 45-year streak of pretty credible success. The final chapter was my call: I burnt the ships in the harbor by not submitting grant renewals. Credentialed experts and The ScienceTM say that, in addition to the void left by less responsibility, your serotonin and dopamine levels drop, which is offset by being too old to give a fuck. I can feel it. Here is a funny story. Cornell suffered a period of tremendous turbulence arising from Palestinian protests. One of my colleagues in the humanities in a moment of minimal clarity noted that he was “exhilarated” by Hamas’s slaughter of Israelis on October 7th, 2023. He seems to be light on the humanity part. This period of rampant free speech cost Cornell and Universities across the nation a ton of shekels as Jewish bazillionaires started disowning them. Imagine, however, if a WWII veteran came back to Cornell in 1969; it would have looked way worse. If you were donating to your alma mater thinking its faculty was a pillar of mental stability, that one’s on you. But the chaos just wouldn’t subside, so one night I gripped and ripped a tweet: I got a call from my brother-in-law who happens to be a trustee and knows everybody . He opens the convo by reciting part of that tweet. The dialog ensued: Me: “How the hell did you see that?” Brother-in-law: “My boss sent it to me.” Me: “Your wife? How did she see it?” Brother-in-law: “My other boss.” Me: “You are self employed. You don’t have a boss.” Brother-in-law: “The Chairman of the Board of Trustees.” As the story goes, the Chairman cold-called him and asked if he by chance knew this guy Collum. Apparently, a faculty member who isn’t whining like a little punk-assed bitch about being oppressed is a trustee-level moment. “Yes. He is my brother-in-law.” Laughter ensued. Enjoy every sandwich. ~ Warren Zevon on his deathbed He who frames the question wins the debate. ~ Randall Terry This year, I did a Zerohedge Debate organized by Liam Cosgrove of The Grayzone and moderated by Bill Fleckenstein. Steve Keen asserted mankind would largely end by 2050—that is not one of my snarky fake claims—whereas I dismissively called it a gigantic grift to monetize the sun. ref 1 , 2 My intellectual high-water mark was the allusion to AI as “squeegeeing drippings from the floor of the internet.” My now-annual trip to the House of the Rising Sun for Brien Lundin’s New Orleans Investment Conference is always a blast where I meet up with old friends, press the flesh with digital friends, and make new friends. Brien dug long and hard to eventually find the bottom of the barrel (me). You can spot some serious contemporary legends. You think that is cool? Take a look at past participants... I averaged one podcast per week (>70 year-to-date). In one with Mike Farris and Diana West on her studies of WWII (see the section “Revised History of WWII and FDR”), Diana noted that her twice-weekly appearances on The Lou Dobbs Show to discuss current events prevented her from thinking deeply or writing seriously. That captured what I was experiencing. Podcasts do, however, serve a purpose much the way gigs at comedy clubs help comedians test drive their ideas. My list of podcasts below is for archival purposes. Mike Farris takes the gold for most invites. Nick Bryant is the scholar on pedophile networks. His chat was important to my studies of child trafficking (Part 3) and in expanding my network of experts and confidants. Tommy Carrigan’s four-way Rumbles in the Jungle with Tom Luongo and Jim Kunstler are always raucous. My interview with Michelle Mikori set the click-count record this year, but the comments section suggests the viewers would have enjoyed it without the audio on. A couple of sites offer bot-driven compilations, including one that professes to rate them. ref 3 , 4 I like the freedom of podcasting. With podcasting, you can really mess around with the form and the format. You can do as much time as you like without having to pause for commercials. ~ Adam Carolla Here is a list of podcasts and links for 2024: Collum could narrate a proctology exam & make it interesting. ~ Vincent J. Curtis (@VincentJCurtis1) I once live-tweeted a cystoscopy: “It burns! It burns!” I will rise to meet Vincent’s challenge. Last year I had a 1.5 inch bladder stone removed by Dr. Darth Vader with his light saber. He inflicted superficial damage that forced him to re-insert the catheter and leave it for a week. Why an entire week? Because he works on Wednesdays. I was not happy about that. This year, my prostate, which was very large due to old age in manly sort of way I guess, was removed by a surgeon named Dr. Weiner. The non-statistical probability of choosing a career that reflects your name is called “nominative determinism”, ref 1 which suggests you should steer clear of Doctors named Butcher, Hack, or Ripper. It is not a perfect rule: Dr. Richard Titball is not a gender reassignment surgeon but rather a professor of biochemistry. ref 2 His students must be ruthless as evidenced by my irresistible urge to make him the “butt” of my joke. You will not hear this often, but I highly recommend the procedure. I went from two-minute dribbles with countless sleep interruptions to blowing out 14 ounces in 4–5 seconds in a 6–8 foot arc. (I should add that those were separate measurements; I am not that talented...yet.) Livin’ the dream. But let me give you old farts a little advice. For the first couple of post-op urinations, sit your ass down unless you wish to see a replay of the Saint Valentine’s Day Massacre. It was a ten-minute cleanup of the floor and walls. When I was a kid, I wanted to be older. This is not what I expected. The only room I can enter and remember why I went there is the bathroom. Over-nourishment makes me hold my breath while I tie my shoes. I can no longer get off the floor without grunting. I am dotting my ‘t’s and crossing my ‘I’s. As my hearing gets worse, the blinker on my car runs unabated. I repeat: old age is not for pussies. The decay of our healthcare system continues. For the first time in US history, life expectancy is dropping. Last year I took a cue from Gretchen Morgenson’s and Josh Rosner’s These are the Plunderers ref 3 and wailed on the swath of destruction to the healthcare system by the private equity Borg. ref 4 Monetary policy incentivizes private equity strip-mining of companies by making capital too cheap. When you buy up hospitals, sell off their assets, and sell the shells to dumb money with a 47% probability of bankruptcy down the road, you are a menace to society. Healthcare is now almost completely corporatized, which means that there is a big middleman who wants the Big Vig. Doctors must act in the corporate interests ref 5 by upselling costly tests and treatments. I am not breaking any HIPAA rules: this is my chart. Are they upselling me? The growing number of doctors in the US has not kept up with the demand as the aging boomers increasingly burden the system. It remains a challenge to attract doctors to less profitable subdisciplines and practices in rural settings. Ken Langone endowed NYU Medical School several years ago, making it free and the most desirable med school in the country. As the movement toward endowed tuitions has spread to other schools, the stated logic is that graduates can serve the public better if they are debt free. ref 6 Alas, tuition benefits have not achieved their stated goals but have made being a doctor even more profitable. Meanwhile, the wait time to get an appointment has increased 24% in 20 years ref 7 (much worse from personal experience), which starts looking serious when you have a big, bloody turbocancer lesion hanging off your face. Firing doctors for refusing to vaccinate was about as helpful as defunding the police. ref 8 The soft corruption infecting the healthcare system over the decades undercuts the quality of patient care. The CDC set up a not-for-profit organization ref 9 to funnel hundreds of millions of dollars from pharma to put a chokehold on healthcare. ref 10 I highly recommend The Real Anthony Fauci by Robert F. Kennedy; ref 11 your blood will boil. For a less biased treatment, and I say less biased because Kennedy hates Tony Fauci, try Sickening by Harvard’s John Abramson in which he describes his role in the scandal in which Vioxx caused 60,000 deaths ref 12 as well as other disasters emanating from the highly conflicted clinical trial-industrial complex. ref 13 A recent study found that clinical trials paid for by pharma showed 50 percent higher drug efficacies than those funded independently. ref 14 This so-called ”sponsorship effect” worked so well with the bond rating agencies leading up to the Great Recession. This year I added Sharyl Attkisson’s Follow the Science to my reading list. She brilliantly describes 25-year career at CBS writing about science and the pharmaceutical industry. Her journey has led to her deep-seated revulsion of the Pharma Blob. ref 15 I also forced myself through The Pfizer Papers , ref 16 which is more of a reference book than a reading book. An army of 3200 volunteer doctors and scientists mowed through gazillions of documents pried loose from Pfizer by a FOIA request. I elaborate in the section entitled “Covid-19 and the Vaccine.” Plot spoiler: Pfizer knew from the very start that the vaccine was wreaking havoc. I would suggest that the whole imposing edifice of modern medicine, for all its breathtaking successes is, like the celebrated Tower of Pisa—slightly off balance. ref 17 ~ King Charles (no kidding) In my consultations with colleagues across academia, I sense a widely held belief that the quality of students has dropped precipitously. This stems from a host of factors including iPhone addiction, helicopter parenting, participation trophies, and upbringings in which no-pain no-gain seems to have gone out of favor. The common refrain is, “Why should I learn it if I can just look it up?” The simple answer is that you need an operating system to think. Why is this being mentioned in a section on healthcare? Your future doctors may be surgically rooting around in your chest cavity like a truffle pig guided by YouTube videos. We return to related issues in the section on “College”, but I urge you to find doctors who are old enough to not be the iPhone Walking Dead. Let’s shoot back. Rumor has it Trump won the election, and Kennedy is being put in charge of Health and Human Services. There is no reason to doubt that he will be the most aggressive leader of that massive government organization in its history. At the next level down, the frontrunner to run the National Institutes of Health is Dr. Jay Bhattacharya of Stanford Medical School. He is a mild-mannered, very bright health policy expert who has developed new attitudes about the healthcare system as one of the three creators of the Great Barrington Declaration. ref 18 (For laughs, I looked at Wikipedia’s writeup on the Great Barrington Declaration, ref 19 and it is a complete sack of propaganda to push the authoritarian narrative that I have come to expect from that once revolutionary idea.) Both Kennedy and Bhattacharya have battled the Healthcare Balrog and emerged victorious. They could be revolutionary. While on the topic of eating organic food, brother-sister pair, Calley and Casey Means, appeared out of nowhere in a Tucker Carlson interview discussing decidedly unhealthy food and healthcare. ref 20 This was not by chance but rather the first salvo in the battle to Make America Healthy Again (MAHA) that is a major plank of the Trump administration. Ozempic, Wegovy, and other related anti-obesity drugs hit the ground running this year. The drug companies have restrictions on what they can advertise off-label, but they bypass the restrictions by exploiting famous Hollywood butterballs trying to become marketable again. We have created the ‘solution’ to treat the problem, without really being disciplined and empathetic enough to stop the creation of obese children in the first place. ref 21 ~ Dr. Lawrence Palevsky, pediatrician I am guessing that somewhere down the road we will discover huge side effects. You are treating the symptom not the disease. Bypassing the most overt phenotype arising from eating dogshit—Dunlop’s Syndrome in which your “belly done lops over your belt”—may not be healthy. And yet some health authorities, including the American Academy of Pediatrics, recommend it for teens, which will enable consequence-free Cheeto-Mountain Dew diets while they sit around staring into their iPhones. ref 22 Yay. That cannot be good, but I am expecting worse. Side effects include Anxiety, insomnia, and depression, all accompanied by a 45% rise in “suicide ideation.” ref 23 Muscle loss ref 24 seems to be causing “Ozempic Eyes” or “Ozempic Face” ref 25 in which you pick up that starving-POW look. When you are talking about the human biome, it is likely to be FAFO (fuck around find out.) At least your pall bearers will thank you. That BBC headline is spot on: death is the leading cause of not ageing. The profitability of a drug that must be taken for life causes spittle to drool down the chins of pharma CEOs. At $1000 per month without prescription coverage, Ozempic Wallet may become a thing. Euthanasia seems to be cool again. A depressed 28-year-old Dutch woman scheduled to be euthanized in May found happiness as the big day approached. ref 26 In Canada, its popularity has exceeded that of the ice bucket challenge. The CEO of United Health got assassinated by a pro. ref 27 Inscriptions on the bullet casings—“Deny, Depose, Defend”—suggested the company’s record of having the highest denial of coverage percentage in the business ref 28 left one critic a little grumpy and offered him complementary body piercings. This is a rapidly evolving story. The perpetrator has supposedly been identified, leaving the world mystified about why and even if he did it. ref 29 Note to the Elites: this is the shit that happens when the plebes feel like they have no civilized path forward. This is a Fourth Turning move. With especially poor timing, insurance company Anthem Blue Cross and Blue Shield announced that they would not cover the cost of anesthesia if the surgery took longer than a prescribed time. That policy was retracted fast , ref 30 presumably straight from the desk of the CEO trying to avoid the wireless hole puncher. I suspect that the announcement was already in the chamber to be fired out to the public when the United Health CEO got whacked. FAFO. The new shingles vaccine, Shingrix, was released in time to battle the shingles pandemic among the recently vaccinated. But they are provided for free! Yeah. Right. Government handouts mean you are paying. How broke will we be when all pharma products are free? That would have tremendous palliative benefits of reducing the diseased CPI. And since you have no idea what is in those devilish jabs, I should point out that Shingrix is an mRNA gene therapy. Are you going to jump on that bandwagon again and hope it doesn’t cause bleeding from every orifice? I’ll pass, thankyou very much. I’ve seen claims that healthcare is approaching 20% of US GDP. I have witnessed a huge spike in construction of healthcare facilities in my little college town of Ithaca. Economists love GDP, but let’s unwrap that. Would you be better off if you needed no healthcare whatsoever? Of course. Soaring boomer healthcare costs reflect the cost of keeping a rapidly depreciating fleet of aging Chevy Chevettes, Ford Pintos, and Corvairs on the road. And a headline from Bloomberg... Health and Human Services’s 2025 budget includes the keyword “equity” 829 times. Hundreds of billions are spent chasing the DEI bogey while your health falters. ref 31 And, by the way, why is DEI considered so profoundly important while tagging a hire as a DEI hire is verboten? Dear Kamala: the gold miners are gouging the price of gold. It’s up 10% per year under President Jill Biden. Can you please tell them to stop? Thanks. ref 1 ~ Zerohedge Gold had both a strong year (+30% ytd) and was not particularly newsworthy. Gold bugs always look forward to Ronald-Peter Stöferle’s and Mark J. Valek’s In Gold We Trust comprehensive treatise on the yellow metal and related topics. ref 2 I am not a technical analysis guy but the most highly respected technical analyst of gold, Mike Oliver, said gold would launch if it broke $2500. Although I would not call $2600 a launch, it held above that level to close the year at $2650 (as of 12/16/24) despite a sell-the-news $200+ swoon following the 2024 US elections. While some viewed the election sell-off to be about fundamentals, I think it was just an unwinding of a doom bet on election carnage (rioting, eating cats and dogs, shit like that). Despite detractors, gold is the #2 reserve currency below the dollar. Most are unaware that gold “IPO’d” in August 15, 1971, it has delivered a nearly 8% annualized return priced in dollars. The claim that gold is 5x gain relative to equities and bonds if that is a mean regressing proportionality. Remember that what follows this period of recessionary deflation will be MMT or some facsimile thereof. That is the ‘big bomb of debt’ monetization that ends up sending gold beyond a bull market towards a parabolic surge. ~ David “Rosie” Rosenberg A few nuggets are worthy of mention: Another wage-price spiral attributable to rising oil prices would be very reminiscent of the Great Inflation of the 1970s, when the price of gold soared. In this scenario, $3,500 per ounce would be a realistic target for gold through 2025. ~ Ed Yardeni (@yardeni) The most likely wildcard path to a gold price of $3,000/oz gold is a rapid acceleration of an existing but slow-moving trend: de-dollarization across “Emerging” markets central banks that in turn leads to a crisis of confidence in the U.S. #dollar...” ref 10 –Citigroup analysts Silver is schizophrenic in that it is less of a monetary metal than gold and much more of an industrial metal. As shown below, US traders smack it around, but that is just day trading. When powerful short sellers in the big banks get caught offsides on a big bet, the price will likely get stepped on temporarily. The silver bulls view silver as a leveraged play on gold, but will that be true going forward? A bullish argument is that Joe Sixpack gets more bang for the buck for silver—an ounce for $30. But that seems like a relevant rallying cry only in the final meme/mania phase, and this is no mania yet. The gold–silver ratio is said to have been 7:1 in ancient Rome and is now in the ballpark of 90:1. Some say that the 16:1 ratio in the Earth’s crust is the target for mean regression, but that is probably too simplistic given the complexities of the mining industry. Doomberg warns that there are no big advances in battery technology, and the incremental advances are all in large companies. He urges you to never invest in a story stock promising a breakthrough. Silver’s importance in the Samsung’s newest rechargeable batteries does seem encouraging. The importance of silver in solar panels and the difficulties in recycling them makes silver a good bet should the climate cult continue to help the climate grifters who, in turn, are playing into the hands of the authoritarians. That every electronic device on the planet uses largely non-recyclable silver should drive demand for silver. ref 13 One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do...I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up... I wait for a situation that is like the proverbial ‘shooting fish in a barrel.’ ~ Jim Rogers, in Market Wizards Let’s begin with savings. I think you save for retirement whereas you invest to fight inflation. Four decades ago (1981), I was a cash-poor new homeowner. I began furnishing it from yard sales but eventually progressed to 18th and 19th century American antiques. They were in a bull market as boomers began homesteading and caught the country bug in large numbers. I now live with really nice furniture that may not be worth what I paid but has not followed IKEA crap off the depreciation cliff. I was doing OK in these formative years including steady flows into retirement accounts, but one day I was reading a USAir magazine story that asked rhetorically, “Are you saving enough for retirement?” I realized I could do better and followed their suggestion to increase the rate of savings incrementally. For many years now I have sheltered 25–30% of my gross salary into retirement. This was true even during the kids’ college years. Last year, for example, I socked away 25% despite purchasing a new SUV for my wife and some aggressive distributions to the next generation. Well, this year, owing to wrapping up my research program, the 25% of my salary deriving from Federal grants evaporated, and my savings dropped to 4%. Technically speaking, I lived paycheck-to-paycheck. I also realized, however, that next year I turn 70 and will get nearly $60,000 per year salary boost from Social Security, which was good timing. I am, however, pondering retirement so that I can go to my office everyday as usual but work for free. Raising children is an enormously expensive endeavor. ~ Malcolm Gladwell My son, a professional violinist, went on a 6-week whirlwind tour of Europe shopping for a new violin. He found nothing of interest until, on nearly the last day, this 1725 Carlo Antonio Testore came across the auction block at Tarisio, and, with 100% funding by the Bank of Dad (BoD), he grabbed it. This six-digit purchase (with all six to the left of the decimal point) is owned by the BoD; he will inherit it. Was it a good buy? I think so. The kid has a good head, keen eye, and fabulous ear. I do not include this violin in my personal savings calculations; it is a hard asset. The mid-19th-century dining room table with the stunning tiger maple on which the Testore resides cost $700. That was a good buy too. An interesting aside, a 1714 Stradivarius is about to cross Sotheby’s auction block at an estimated World-record-beating $12–18 million. ref 1 (Of course, the very best are owned by institutions and will never hit the auction block.) To recap my 45-year investment history, I was 100 percent long-bonds via TIAA from 1980–1987 until a discussion with a colleague in the wake of the ’87 crash convinced me I should hit the equities hard. I averaged in , but did so aggressively, and became wildly enthusiastic about tech by the early ‘90s. I was a poster child for the bubble. However, I had learned enough about markets to conclude that something was wrong. In July of 1998 I jettisoned half of my CREF-based index funds and watched the market tank into the Asian Flu. Feeling half genius and half moron, I was determined to get the second half out if the market rallied back. It did, and I was out of indexes by early ’99 and had tight stops on tech favorites as well as a handful of other real winners. They were all gone by mid ’99, pocketing 700% each on Worldcom and Dell, for example. (I never bought a dot-com.) Without a single share of an equity, I paid off the tail-end of my mortgage (debt-free ever since) and went long gold (cost basis 10% of My Net Worth Positions 1.0–10% of My Net Worth Positions 0.10–1.0% of My Net Worth Positions 50%). The bottom is in when the Fed stops dropping rates. The Fed started dropping rates in March 16th, 2024. Let the games begin. I hasten to add that these correlations of rates and returns don’t necessarily indicate causation. The greatest credit event of all would be a recession in which US yields went up, not down. ~ Michael Hartnett By the end, we’re 40 times leveraged with 0.1% growth to get what looks like 4% growth...find me an economist who can tell me what the real unleveraged growth of America is, and people will have an epileptic fit even thinking about it because it’s teeny. ~ David Murrin I am getting increasingly concerned that we have to endure another decline of 5 percent or more before the year is out. ref 33 ~ Sam Stovall, CFRA Research’s chief investment strategist, way over his skis I feel like a lot of what’s perceived as wealth is an inflation illusion. ~ Stephanie Pomboy The Magnificent Seven. The Mag 7—Alphabet (Google), Amazon, Apple, Meta (Facebook), Microsoft, Nvidia, and Tesla—are the modern-day Nifty Fifty of 1967 or the 14 Japanese companies rounding out the top 20 companies in the world in 1989. Both offered up spectacular gains, culminating in catastrophic prospective losses. Sometimes the ten largest are discussed, but they lack the catchy name recognition. The Mag 7 are collectively overpriced, moreso than when I launched a diatribe against them in 2022, gloating about their recent beatings only to watch them humiliate me. ref 37 Nvidia (NVDA) has become the market and will be the focus of my scorn. Before projectile vomiting my sour Nvidia grapes, I want to share a few random bullets about the collective Mag 7 and the other players in the Mag 7—the Mag 6—that caught my attention. The only thing less valuable than Tesla stock is a fully grown adult at P. Diddy’s house. ref 38 ~ Lewis Black If you think Silicon Valley knows what it’s doing financially, you really have to rethink things. ~ Jim Chanos, Kynikos Apple’s index representation is set to increase after Buffett’s sale fully unleashed the amount of stock available for trading. In turn, index-tracking funds will need to purchase the shares to mimic its growing heft. ref 43 ~ Bloomberg, failing to understand the definition of “float” ref 44 Nvidia (NVDA) is the poster child of the New Era. I have seen cats chase laser pointers with less enthusiasm. I suspect NVDA and its CEO will be pictured on milk cartons when the next big whoosh lays waste to the indices. Some hang the Ponzi moniker on NVDA owing to massive valuations (50x revenues), shady dealings with Coreweave, and a CEO with bad press from past shenanigans. ~Me, 2023 YIR Nvidia. While nuclear-powered AI is said by some to be the greatest thing since the internet, profits from AI seem to not be materializing. The big players could spend huge bucks just to keep up with each other. Google is at risk of its invader-proof moat drying up. If the generations of technology roll over faster than the R&D can be amortized, AI companies could suffer death by creative destruction. ref 46 Meanwhile, the pick and shovel maker Nvidia has become the first $3 trillion company with a capacity to gain or lose hundreds of billions of dollars in a single day. They added more than the equivalent of Goldman Sachs in one night. Nvidia has become the technology market. To get to a [pre-10:1-share-split] $740 share price simply requires NVDA to maintain a monopolist-like operating profit margin of 55% for the next decade, while also growing sales 10x to more than $600bn. For context, the entire industry sold $527bn worth of chips last year. ~ Jesse Felder (@jessefelder) not knowing that the price would soon double The U.S. Supreme Court will hear Nvidia’s appeal of a court ruling that accuses the company of committing securities fraud. ref 60 ~ Bezinga Headline NVDA investors won’t want to read (and apparently didn’t) Nvidia gets subpoena from US DoJ, Bloomberg News reports –Reuters, another headline NVDA investors didn’t read Nvidia has been a high-wire act for some time. ref 64 ~ Marc Cohodes, 2002 There are a number of people who could have put Jensen in jail. ref 65 ~ Marc Cohodes, 2024, quoting a source I think it is the biggest bubble I’ve ever seen. Nvidia is up $1 trillion in one month. ~ Fred Hickey, The High-Tech Strategist Nvidia is highly unlikely to be a long-term winner as the demand for picks and shovels occurs at the beginning of a gold rush, and then rapidly fades. ref 69 ~ Dhaval Joshi of BCA Research So there you have it. Nvidia is the market. It has offered investors >170% one-year return and a 2400% five-year return. Will their 80% profit margins and valuations at >40x revenue and 100x levered-free cash flow hold up over time? During the dot-com bust Nvidia swan dived 90%. Could the drop be bigger this time? I said yes, ref 70 but what do I know? Here is the bullish case that says they just keep going up. ref 71 AI will likely be transformative and highly profitable, but probably to those who can buy the body parts at a deep discount after a period of carnage. Nvidia provides the infrastructure—the pipes—for AI. Corning provided the infrastructure—the light pipes—for the telecom sector and internet. I have a few questions. Will history refer to the “Magnificent Seven” as a success story or will they become the “Malignant 7” and join the Nifty Fifty and Dotcoms in the Hall of Shame? That I need not even define “Mag Seven” for the reader is a tell. The Yahoo Finance page has a picture of Jensen Huang every...single...day. He has been on countless magazine covers. This seems like the magazine cover jinx that is now an infamous top call, but—and this is Kim Kardashian-sized but—Jensen has not yet been on The Economist . However, as they said in Starwars, there is another... Market Bullets. Before my final wrap up, let’s peek at a couple of funny stories of the type that emerge before the proverbial tide recedes. Chewy surges after ‘Roaring Kitty’ discloses stake. ~ Yahoo Finance Headline When a stock surges 90% because of the “Return of Roaring Kitty”, you know we are currently living in one of the most speculative environments in history. ~ Otavio Costa By the way, what does a whale that can move markets by simply spouting out his blowhole actually look like? This is Roaring Kitty. Are you not entertained now? The Game is indeed nearly over. In conclusion, we are witnessing the great cycle of life. As the markets pull out of some secular low and climb the wall of worry, credit loosens, entrepreneurs begin taking baby steps at creating new wealth, eventually reaching a climax—a blow-off top. Prior to the collapse, the smart guys will have already snuck out the back door to safe havens, leaving the risk in pension plans run by Hillbillies. As the collapse wreaks havoc and crushes the nouveau poor, the “elites” will foreclose on the malinvestment and confiscate the portions of the wealth that survive the washout for pennies on the dollar. Who bought the real estate that went on the auction block in 08–09? Not you or me. Après le deluge, the cycle starts all over again. A 1994 paper by Romer and Akerloff described the great wealth transfer of the boom-bust cycle. I’ve saved my really big concern for last. We appear to be in yet another investment mania. Wall Street guys call it a “blow-off top”, which is coded language for getting you to keep putting your money in through fear that you will miss the best part—the Grand Finale. Lincoln made that mistake too. Yet, somehow, nobody seems euphoric. The Roaring 20s got their name for a reason. The dot-com boom felt like we had catapulted into the future. The housing mania that drove the markets to the ’07 top was euphoric as nouveau homeowners thought Oprah would be giving everybody a house and a pony. During this latest high, by contrast, the Left Half think their lives are over because the Orange Man won. The Right Half voted for the radical reform because they have had enough of the Left Half. The Bottom Half are working two jobs to pay their bills because of the surging cost of living. The Top Half will do anything to avoid returning to the Bottom Half (including selling into a panic). Politicians are despised, the mainstream media is hated, and the healthcare profession killed people. Universities are viewed as neo-Marxist training camps and too damned expensive. It feels like a mix of 1860 USA and 1789 France. Here is the Really Big Question: If everybody is so grumpy at the top, what the hell is the next recession and accompanying bottom going to look like? There is not the slightest indication that [nuclear energy] will ever be obtainable. It would mean that the atom would have to be shattered at will. ~ Albert Einstein, 1932. To state the obvious, energy runs the world. The entire growth of civilization is about harnessing enthalpy (heat) to overcome entropy (chaos). Without the constant input of enthalpy, civilization will decay into a state of maximum entropy, and Bartertown may be our best-case scenario. Beginning with The Quest for Fire , every major advance in cultural evolution demanded increasing energy efficiency from trees, peat bogs, whale blubber, coal, oil, natural gas, and the atom. I am convinced that anthropogenic climate change is a load of anthropogenic crap brought to us by tens of trillions of dollars of anthropogenic grift and global authoritarianism. I have run out of patience with policymakers, corporate decision-makers, and investors who collectively throw up their hands and say, ‘Don’t blame me.’ There is no excuse to fall for the myth of being victimized by the unprecedented. –Stephen Roach in Myth of the Unprecedented Here is where I cut the psychopaths some slack: maybe they are in a position to see that changes are coming and, to quote a famous former governor, “Fuck your freedoms.” The Club of Rome was not nuts asserting exponential growth on a finite orb is arithmetic nonsense as brilliantly described in talks by Albert Bartlett. ref 1 The obvious and final play is nuclear. Perceived risk is amplified by the vivid imagery of Three Mile Island, Chernobyl, and Fukushima setbacks; there were no fatalities at the former two, and an estimated 31 died in the immediate aftermath of Chernobyl. By contrast, wind turbines kill several dozen people per year. My interest in energy and electric vehicles is a combination of curiosity, investment opportunity, and tracking the twisted globalists’ quest for global domination. There are plenty of energy experts; I find the pseudonymous Doomberg to be a fabulous source of grounded wisdom. ref 2 The energy transition is failing and will fail. ref 3 ~ Barry Norris, the founder and chief investment officer of UK hedge fund Argonaut Capital Partners LLP Electric Vehicles. The electric vehicles (EVs) came on too fast. You cannot legislate solutions to technical problems. The EV market appears to be heading for a shakeout that is not just about a bursting bubble on Wall Street. It is bullet time: Something super weird is going on, as Tesla was the *only* car company attacked! ref 11 ~ Elon Musk on the German attacks on Giga factory The investment community’s belief that EVs will displace the internal combustion engine remains as strong as ever. We vigorously disagree... Despite claims to the contrary, our research suggests EVs are less energy efficient than internal combustion engine automobiles. As a result, they will fail to gain widespread adoption. ref 15 ~ Goehring & Rozencwajg Electric vehicles (EVs) are piling up on lots across the country as the green revolution hits a speed bump, data show. ref 18 ~ USA Today, November 14, 2023 The road to electrification could be bumpier than anticipated. ~ Stephen Scherr, Hertz CEO...oops...ex-CEO The Twittersphere pointed out that Volkswagen was run by Nazis. She deleted her Twitter account. Well, hells bells. Let’s get more government in the game... I have a particular fondness, I must tell you, for electric school buses. I love electric school buses! I just love them for so many reasons! Maybe because I went to school on a school bus. Hey, raise your hand if you went to school on a school bus! ~ Kamala Harris, former future President The bottom line seems to be that EVs cost way more than ICEs to buy, finance, insure, and repair. They hold value like bananas left on the countertop. You can’t refuel them in two minutes. They can catch fire, rip through tires because of the excessive weight, get written down near zero after a fender bender because the integrity of the battery is unknowable, experience software crashes worse than Windows 95, witness precipitous drop in miles per charge in cold weather, strain the grid, and bankrupt rental agencies because of all of the above. ref 34 Otherwise, they’re great! That leads to the ultimate question: where will we get all the green energy to power all those green cars? The nation that destroys its soil destroys itself. ~ President Franklin D. Roosevelt Biomass-Derived Energy. I’ve written about biomass before. its problems were vividly laid bare by, of all people, Michael Moore in his Planet of the Humans documentary. ref 35 Destroying the World’s arable soils so that you can drive your car is insane. Of course, the corn lobby will keep the ethanol subsidies coming much the way wool subsidies refuse to die. Otherwise, I sense the idea has already died on the vine. We built a heck of a lot of wind capacity in 2023 in the United States, but the actual amount of wind electricity produced went down simply because you have wind droughts. ref 36 ~ Dan Kish, energy economist, Institute for Energy Research (IER) Wind Turbines. Wind is close behind. Construction and disposal of wind turbines are environmentally brutal. The ornithologists detest the deaths of migratory birds while missing the possible benefits of catching them with nets to make raptor stews. Turbines turn pristine landscapes into eyesores. I used to fish off Wolf Island in the Saint Lawrence River. It is now a big wind farm. Next time you drive by a windfarm, count how many turbines are not turning. Wind turbines seem likely to follow biomass into the dustbin of history. If you want an interesting takedown, listen to this 4-minute riff on wind turbines in the show Landman . ref 37 Let’s shoot them with a few bullets anyway. Solar Power. Cradle-to-grave analyses of the efficacy of alternative energies require a detailed investigation of the overall cost, resource depletion, net energy cost after the consumption of fossil fuels have been accounted for, and all of the above when it comes time for the grave. Analyses by many including David MacKay, ref 43 , 44 , 45 whose work came highly recommended by energy security analyst Iddo Wernick, ref 46 have convinced me alternative “green” energies cannot replace fossil fuels. The incentives for those in the alternative energy industry to carry out such detailed analyses is akin to the incentives of Pfizer to find all the flaws in their drugs and vaccines. The problem of solar panel disposal will explode with full force in two or three decades and wreck the environment because it is a huge amount of waste and they are not easy to recycle. ref 47 ~ Forbes Hundreds of millions of solar panels are in service; most have a lifespan of under 30 years. Each year, their electric output drops by at least half a percent, and given enough time they must be replaced. Best I can tell, nobody has figured out how to solve the “intractable problem of hazardous waste disposal” ref 48 once the solar panels have gone to the light. I am by no means an expert, but this serves as a warning to eco-bliss-ninnies who embrace alternative energies without much thought. Developers who pocketed huge profits and are arguably responsible for them cradle-to-grave will be long gone when that grave part arrives. I am just topping off years of casual reading about energy, admittedly accruing wisdom incrementally: As Europe and the rest of the World get pounded by energy shortages, people may soon be begging for nuclear power plants in their backyards — NIMBY turns RIMBY (right in my backyard). ~ Dave Collum, 2023, cited In Gold We Trust Nuclear Energy. I have been confident for awhile now that nuclear power was going to return. It must return. The bombing of the Nordstream pipeline struck me as a trigger. Freezing a few asses off in a chilly Northern European winter would have the Germans begging for a plant in their backyards. That didn’t happen, but there emerged an urgent push for nuclear energy that came with little warning inside the Trojan Horse of AI. Our children will enjoy in their homes electrical energy too cheap to meter. ~ Lewis L. Strauss, chairman of the Atomic Energy Commission Chips used for AI suck up 5–10x more power than standard CPU systems. ref 58 I call it a Trojan Horse because I believe the enthusiasm for AI is not just putting pressure to find better sources of energy. AI is being used to generate the “buzz” to get sign-off by the public on nuclear energy. I can imagine a future in which Apple, Microsoft, Google, and Amazon are the largest components in the XLE energy index. All the cool kids like Gates, Fink, Jensen, and Altman are on the bandwagon. Moreover, the timescales often cited are in years not decades. Something has changed. The big money is all in, which means nuclear energy is surging. I am playing catchup here, but the “next gen” or “second gen” small modular reactors (SMRs) can be mass produced. Our nuclear sub fleet illustrates the basic idea. Cost estimates are all over the map, but the wild variations appear to trace to regulatory uncertainties, which can be bulldozed if the mood is right. Energy whiz Doomberg did a back-of-the-envelope calculation showing that the footprint of a traditional reactor is But the City boss has vowed to stay on and lift the club back to the top even if they are sent all the way down to the National League. Guardiola ended speculation over his immediate future this week by extending his contract, which had been due to expire at the end of the season, through to the summer of 2027. That has given the club some stability at a time of great uncertainty as they fight 115 charges related to alleged breaches of the Premier League’s financial regulations. City have denied all wrongdoing but their punishment if found guilty could be severe, with demotion even a possibility. Guardiola has strongly defended the club in the past and is happy to continue doing so. The Spaniard said: “I don’t enjoy it, I prefer not to be in that position, but once it’s there I love it because, when you believe in your club, and the people there – I believe what they say to me and the reasons why. “I cannot say yet because we’re awaiting the sentence in February or March – I don’t know when – but at the same time, I like it. “I read something about the situation and how you need to be relegated immediately. Seventy-five per cent of the clubs want it, because I know what they do behind the scenes and this sort of stuff. “I said when all the clubs accused us of doing something wrong, (and people asked) what happens if we are relegated, (I said) I will be here. “Next year, I don’t know the position of the Conference they are going to (put) us, (but) we are going to come up and come up and come back to the Premier League. I knew it then and I feel it now.” The immediate priority for Guardiola, who said his contract negotiations were completed in “just two hours”, is to arrest a run of four successive defeats in all competitions. Yet, ahead of their return to action against Tottenham at the Etihad Stadium on Saturday, the champions continue to grapple with a lengthy injury list. Mateo Kovacic is their latest casualty after sustaining a knock on international duty that could keep him out for up to a month. On the positive side, defenders Nathan Ake, John Stones and Manuel Akanji could feature and Jack Grealish is also closing in on a return after a month out. Much to Guardiola’s frustration, Grealish was called up by England for their recent Nations League games, although he later withdrew. Guardiola said: “I want the best for Jack and I want the best for Jack with the national team but the doctor said to me that he was not ready to play. “I know (England) want him but they have 200 players to select from and Jack was not fit. He had to recover from many things.” Kyle Walker played for England against both Greece and the Republic of Ireland despite limited game time since suffering injury in the October international break. Guardiola said: “If he is fit I like him to play in the national team. It is not a problem, don’t misunderstand me. “Kyle has a dream to make 100 caps for the national team. Do I want to cancel this dream? Absolutely not. “But if you are not fit, if you cannot play here, you cannot play for the national team. It is quite obvious.”

But the City boss has vowed to stay on and lift the club back to the top even if they are sent all the way down to the National League. Guardiola ended speculation over his immediate future this week by extending his contract, which had been due to expire at the end of the season, through to the summer of 2027. That has given the club some stability at a time of great uncertainty as they fight 115 charges related to alleged breaches of the Premier League’s financial regulations. City have denied all wrongdoing but their punishment if found guilty could be severe, with demotion even a possibility. Guardiola has strongly defended the club in the past and is happy to continue doing so. The Spaniard said: “I don’t enjoy it, I prefer not to be in that position, but once it’s there I love it because, when you believe in your club, and the people there – I believe what they say to me and the reasons why. “I cannot say yet because we’re awaiting the sentence in February or March – I don’t know when – but at the same time, I like it. “I read something about the situation and how you need to be relegated immediately. Seventy-five per cent of the clubs want it, because I know what they do behind the scenes and this sort of stuff. “I said when all the clubs accused us of doing something wrong, (and people asked) what happens if we are relegated, (I said) I will be here. “Next year, I don’t know the position of the Conference they are going to (put) us, (but) we are going to come up and come up and come back to the Premier League. I knew it then and I feel it now.” The immediate priority for Guardiola, who said his contract negotiations were completed in “just two hours”, is to arrest a run of four successive defeats in all competitions. Yet, ahead of their return to action against Tottenham at the Etihad Stadium on Saturday, the champions continue to grapple with a lengthy injury list. Mateo Kovacic is their latest casualty after sustaining a knock on international duty that could keep him out for up to a month. On the positive side, defenders Nathan Ake, John Stones and Manuel Akanji could feature and Jack Grealish is also closing in on a return after a month out. Much to Guardiola’s frustration, Grealish was called up by England for their recent Nations League games, although he later withdrew. Guardiola said: “I want the best for Jack and I want the best for Jack with the national team but the doctor said to me that he was not ready to play. “I know (England) want him but they have 200 players to select from and Jack was not fit. He had to recover from many things.” Kyle Walker played for England against both Greece and the Republic of Ireland despite limited game time since suffering injury in the October international break. Guardiola said: “If he is fit I like him to play in the national team. It is not a problem, don’t misunderstand me. “Kyle has a dream to make 100 caps for the national team. Do I want to cancel this dream? Absolutely not. “But if you are not fit, if you cannot play here, you cannot play for the national team. It is quite obvious.”None

WASHINGTON (TNS) – U.S. Sen. Joe Manchin bucked his party in 2021 when he refused to support a $1.8 trillion bill on taxes, social programs and clean energy, thus dooming President Joe Biden's "Build Back Better" initiative. Then this month, in one of his final actions as a member of Congress, he also bucked his party and voted against a nominee who would have continued the Democratic majority on the National Labor Relations Board once both he and Biden leave office. In between, Manchin played outsized roles in Biden's economic stimulus program and his infrastructure bill, as well as the smaller climate change and health care law that came out of the wreckage of Build Back Better. In exit interviews, Manchin, I-W.Va., said his former party had gone too far to the left and left him in a position he did not want – the one individual who could make or break legislation. "I did not run for that position," Manchin told the Washington Post. "I did not try to wedge myself in that and be the deciding vote." He said he made it clear once the Democrats won the trifecta of the White House, Senate and House in 2021 that he was not going to be a guaranteed "yes" vote. "I don't work for you," he said he told his colleagues, according to the Post interview. "You didn't hire me and you can't fire me. I work for the people of West Virginia on behalf of the United States government. That's who I have to answer to, and if this stuff doesn't make sense no matter how bad you want it, I can't vote for it." None of Biden's major accomplishments – the economic stimulus package, the infrastructure law, the climate change and health care measure, and the funding to bring manufacturing, including those of computer chips, back to the U.S. – would have passed without Manchin's vote. "Each of these victories required senators to come together from both sides of the aisle to find solutions for Americans," he said on the Senate floor earlier this month in his farewell speech. "These were bills that just made common sense. And when each side could take just a little step to find common ground, powerful things have happened." In his closing weeks as a senator, he touted funding in those bills for clean energy manufacturing in West Virginia coal communities, for a new hangar at a small West Virginia airport and for a carbon storage hub in the state. He singled out the Appalachian Regional Clean Hydrogen Hub (Arch2), which will receive up to $925 million in federal funding for projects in West Virginia, Pennsylvania, Ohio and Kentucky. "You can't eliminate your way to a cleaner environment, you can innovate it," Manchin said in his floor speech. "That's why we funded the development of regional hydrogen hubs and made sure one of them would be in the Appalachia region." His closing words on the Senate floor also talked about the need for lawmakers to work together, and his support for the filibuster that requires 60 votes – support from both parties – to pass legislation. But it didn't always work, he said. Popular legislation such as overhauling immigration laws and expanding background checks for guns failed, he said. "These opportunities were missed because we've let politics get in the way of doing our job," he said in his floor speech. "I am not saying that dealing with politics is easy. It's not. It's messy. I've had my share of tough votes. At times, I have felt like the whole Senate was united – in being upset with me. So sometimes I guess we did come together." Harsh words for Democrats Manchin officially left the Democratic Party in May and registered as an independent. He continued to caucus with his fellow Democrats until the end. But he's leaving office with some harsh words for the party he left behind. After all, he said, he wasn't the only person who left the Democratic Party. "The brand got so bad. The 'D' brand has been so maligned from the standpoint of – it's just – it's toxic," he said in the CNN interview. He said Democrats have been telling people what they have to believe in and what they have to do, no matter how outrageous. "The Democrat I grew up being, they wanted to make sure that people had an opportunity for a good job, a good pay," he told CNN. "I will protect you. Just don't try to mainstream it. And the Democratic Party, the Washington Democrats, have tried to mainstream the extreme. ... They have – they have basically expanded upon thinking, well, we want to protect you there, but we're going to tell you how you should live your life." He never endorsed Vice President Kamala Harris for president in 2024 and said the election results showed that Americans didn't want someone on the left. He said it was "nuts" and "completely insane" to say Harris lost because she wasn't progressive enough. The problem was that her liberal voting record made it hard for her to pivot to the center in the fall campaign, he said. "They're saying if Kamala would have been who she always has been, pretty far to the left, it would have been better for her. That's crazy," Manchin told CNN. "Basically, she was having a hard time trying to come back to the middle and then speak about it with any conviction. If you try to be somebody you're not, it's hard." Manchin resisted entreaties that he run for president as an independent in 2024, lest he be a spoiler. But he said there was room for a real third party. "The centrist part of both parties," he said on CNN. "So the centrist moderate vote decides who's going to be the president of the United States. And when they get here, they don't govern that way. Neither side does. They go to their respective corners. So if a centrist had a voice and had a party that could make both of these, the Democrat and Republican Party, come back, OK, that would be something." Manchin told CNN that the new organization would be called the American Party, and while he wouldn't lead it, "I'll be the best cheerleader they've ever had."What’s going to happen to Social Security taxes when Trump takes office in 2025?— BIRTH NAME: James Earl Carter, Jr. — BORN: Oct. 1, 1924, at the Wise Clinic in Plains, Georgia, the first U.S. president born in a hospital. He would become the first president to live for an entire century. — EDUCATION: Plains High School, Plains, Georgia, 1939-1941; Georgia Southwestern College, Americus, Georgia, 1941-1942; Georgia Institute of Technology, Atlanta, 1942-1943; U.S. Naval Academy, Annapolis, Maryland, 1943-1946 (class of 1947); Union College, Schenectady, New York, 1952-1953. — PRESIDENCY: Sworn-in as 39th president of the United States at the age of 52 years, 3 months and 20 days on Jan. 20, 1977, after defeating President Gerald R. Ford in the 1976 general election. Left office on Jan. 20, 1981, following 1980 general election loss to Ronald Reagan. — POST-PRESIDENCY: Launched The Carter Center in 1982. Began volunteering at Habitat for Humanity in 1984. Awarded Nobel Peace Prize in 2002. Taught for 37 years at Emory University, where he was granted tenure in 2019, at age 94. Get the latest breaking news as it happens. By clicking Sign up, you agree to our privacy policy . — OTHER ELECTED OFFICES: Georgia state senator, 1963-1967; Georgia governor, 1971-1975. — OTHER OCCUPATIONS: Served in U.S. Navy, achieved rank of lieutenant, 1946-53; Farmer, warehouseman, Plains, Georgia, 1953-77. — FAMILY: Wife, Rosalynn Smith Carter, married July 7, 1946 until her death Nov. 19, 2023. They had three sons, John William (Jack), James Earl III (Chip), Donnel Jeffrey (Jeff); a daughter, Amy Lynn; and 11 living grandchildren and 14 great-grandchildren.

Moline to staff a third ambulance in the new year

Kings fire coach Mike Brown less than halfway through his 3rd season, AP source saysIF we are going to have some sort of a title race, then it is up to Arsenal to really raise their game. But without Bukayo Saka in their team, you really have to wonder whether Mikel Arteta’s mob are capable of giving Liverpool manager Arne Slot some sleepless nights. On this evidence, they may as well drive the Premier League trophy up to Merseyside now. Kai Havertz scored his 12th goal of the season against an Ipswich side who failed to land a glove on their opponents but defended stubbornly. The fact Arsenal made a meal of beating such a limited team does raise some questions over whether they can close this enormous gap at the top. The fact Liverpool are six points clear at the top of the Premier League - with a game in hand - merely underlines how much better Slot’s team have been this season. While Arsenal have to keep on plugging away, they must still hope for a major blip from the leaders and at this stage, it still seems unlikely. After squeezing past Kieran McKenna’s team, Arsenal now have away trips to Brentford and Brighton and once again, Saka’s genius on the right will be sorely missed. Maybe, this game was further evidence for Arteta to persuade his board to dip into the January transfer market. Arteta switched Gabriel Martinelli to the right with Leonardo Trossard, who delivered the assist for the first goal, starting out on the left. FOOTBALL FREE BETS AND SIGN UP DEALS But this was still not particularly impressive stuff from an Arsenal team who really hoped that this year, would be THEIR year. Former midfield favourite Santi Cazorla was welcomed on to the pitch before the game and the crowd sang his name at regular intervals. Although now aged 40, he is - remarkably - still playing in the second tier of Spanish football for Real Oviedo and is only over here because he is on a winter break. He picked up a couple of FA Cup winners’ medals with Arsenal and would dearly love it if his former team-mate - and close friend - Arteta was finally able to win the title. Such was the pace of the game throughout that Cazorla could easily have slotted into the home team’s midfield without any problems. This was Ipswich’s first-ever Premier League trip to the Emirates although their last win at Arsenal came way back in 1979 when Arnold Muhren and Allan Hunter were the scorers in a 2-0 victory. Those were heady days for Ipswich when seasons in European competition were standard but now all they would love is a second successive season in the Premier League. Yet the 4-0 loss at Newcastle on Saturday was their best proper hammering so despite being dominated, at least they avoided another battering. McKenna reverted to the back-three system which sprung a surprise for a 2-1 win at Spurs on November 10 but a repeat never looked likely. To illustrate Arsenal’s dominance in the first quarter of the game, they had a staggering 91 per cent of possession. Yes, 91 per cent. The problem was that they kept trying to walk the ball into the net and their only chance was a long-range shot by Jurrien Timber straight at Ipswich goalkeeper Aro Muric. Yet finally, and predictably, Arsenal found a way past all the blue shirts who were blocking the goal. Visiting defender Ben Johnson failed to cut out a decent cross from Trossard and Havertz was literally standing on the line for a simple tap-in. Yet while he did not have much of a chance for that one, keeper Muric got lucky when he was somehow beaten at his near-post by Gabriel Jesus who was then flagged offside. In the second half, Ipswich had a bit more of the ball without really hurting Arteta’s team. Arsenal somehow failed to make it 2-0 when Gabriel Magalhaes headed wide from a couple of yards out. Martin Odegaard danced his way past a few Ipswich players before seeing his shot deflected for a corner, Declan Rice’s volley was blocked by Dara O’Shea and sub Mikel Merino had a shot well saved by Muric. This was hardly a sitter for Arteta. But even so, you get the feeling that if he is to win a trophy this season it will be the Cup. Liverpool look home and dry in the Premier League.