Posted originally on the CTH on December 1, 2022 | Sundance
People around the country are looking at the Georgia Senate runoff between Democrat Raphael Warnock and Republican Hershel Walker. Lots of people wondering what is going on. Well, last night the Republican Party of Georgia gave an excellent example of what it means to be Republican in Georgia.
Republican Lieutenant Governor Geoff Duncan appeared on CNN to share his opinion of Republican candidate Hershel Walker. As Republican Duncan outlined during the interview, he stood in line for an hour, took a ballot at the polling location, and then decided he could just not vote for a Republican in Georgia, so he turned around and walked back out without voting.
Republican Geoff Duncan had no issue pushing this on CNN much to the smiles of the CNN producers, Democrats and the Warnock campaign. This is what it means to be a Republican in Georgia. WATCH (01:08 prompted 30 seconds)
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The 2022 goal of the Republican Party of Georgia is in alignment with the 2022 Republican National Committee. The goal of Mr. Duncan and others is to remove the populist movement within the RNC by destroying the Make America Great Again grassroots movement.
Was Duncan censured? No. Was Duncan criticized by fellow Republicans? Again, no. Was Duncan ostracized for promoting an election position against the interests of the Republican Party? Yet again, no. Did RNC Chairwoman Ronna McDaniel rebuke the effort to undermine Walker as carried out by Republican Geoff Duncan? Rhetorical at this point, I know.
In the bigger or big pictures, Republican Lt Governor Geoff Duncan is doing what professional Republicans do. He also knows there’s nothing to fear from it because he is operating on behalf of the majority Club interests who support his agenda. However, somehow this will be President Trump’s fault.
Posted originally on CTH on December 1, 2022 | Sundance
The 11th Circuit Court of Appeals having previously ruled the special master cannot review classified documents, also ruled today against the special master having any involvement in the filtering of seized documents from Mar-a-Lago. [Ruling Here]
Previously, the lower court appointed a special master to review the seized documents and ensure no privileged material was exploited by the DOJ. However, the appellate court determined the DOJ can independently define a national security interest and classify documents with no legal basis for challenge, therefore the special master cannot filter classified documents.
Today the appeals court essentially said if the search warrant was legally predicated and legally valid, and if the search warrant was used legally, then all the seized documents are valid for the investigative purposes of the DOJ – regardless of their content. The only way to fight the authority of the DOJ seizure is to challenge the legality of the search warrant. However, here’s where things get weird.
President Trump’s lawyers have been: (1) blocked from receiving a non-redacted search warrant; (2) denied access to the underlying probable cause affidavit used to predicate the search warrant, and (3) denied the full contents of the documents that were seized as part of the warrant (they are not allowed to see). Yet somewhere in this convoluted mess, we are supposed to believe a 4th amendment violation doesn’t exist.
Florida – […] The ruling by the three-judge panel, including two Trump appointees, goes into effect in seven days, absent intervention by the full circuit court or the Supreme Court.
“The law is clear,” the judges found. “We cannot write a rule that allows any subject of a search warrant to block government investigations after the execution of the warrant. Nor can we write a rule that allows only former presidents to do so.”
The order effectively eliminates what federal authorities had described as a major obstacle in their ongoing criminal investigation into whether Trump illegally retained highly classified records after leaving the presidency and obstructed efforts by the government to recover them. He denies wrongdoing.
The appellate judges had signaled in a hearing last week that they were likely to order an end to the special master’s review. They repeatedly expressed concern that the appointment of third-party judge Raymond Dearie by U.S. District Judge Aileen Cannon in Florida lacked any clear precedent. (read more)
As it stands right now, President Trump has not been permitted to see the documents that support the search warrant, nor the scope of the search warrant as issued (the DOJ is claiming national security interests). The appeals court today is saying as long as the hidden search warrant is valid, all seized documents are valid.
How is President Trump supposed to challenge the legality of the seizure if the DOJ isn’t required to produce the legal basis for the warrant?
The legal challenge against the underlying warrant is the key issue.
In a recent court filing [Document Here], President Trump through his legal counsel has requested Judge Cannon to unredact and unseal the search warrant affidavit used as the predicate for the FBI raid on Mar-a-Lago. Apparently, the DOJ have yet to provide President Trump with the constitutionally required predicate documents to support their search.
While asking the court to provide the affidavit to the defense team, the lawyers for President Trump are noting the fourth amendment protects everyone against warrantless searches and seizures, and that same protection also guarantees the target the right to receive and review the claimed justification for the warrant.
The unredacted affidavit is obligated to be supplied so that it can be determined if the search warrant was legally valid and predicated. General search warrants are not legally permitted. The warrant must specify what is being searched and why. The DOJ is fighting against this affidavit release. The Trump lawyers are asking the judge to make a decision.
Posted originally on the conservative tree house on November 30, 2022 | Sundance
Previously billionaire Rupert Murdoch paid Megyn Kelly, through advances on her book deal, $10 million for her political efforts in 2015 and 2016. Rupert Murdoch owns Harper Collins book publishing.
Book publishing, as done by politicians in both parties, is the way money is laundered to candidates and various campaign finance rules are subverted. Nikki Haley, Kristi Noem, Mike Pence, Mike Pompeo and Tim Scott have all released books in the past two months in advance of their 2024 presidential bids.
As noted recently by The Guardian, “Lachlan Murdoch, the heir apparent and eldest son, who co-chairs News Corp and runs the parent company of Fox News, has reportedly told DeSantis that the group would back him if he ran in the next election. “Lachlan has been keen on Ron for some time. He’s viewed within the organization as a sanitized version of Donald.”
Candidates are personally financed by the book publication laundry system through advances, typically several million, and then again indirectly by supporting organizations through mass purchasing. It is not uncommon to find hundreds-of-thousands of books in various warehouses purchased by groups as indirect contributions to boost the candidate of their choice. The purchases determine the “best seller” rankings.
It is unknown how much billionaire Rupert Murdoch has paid Ron DeSantis for the 2024 campaign but considering the stakes for this election cycle it’s likely in the $20 million range.
(Via Fox News) – Republican Gov. Ron DeSantis of Florida will chronicle his life in public service in a new book that will publish in late February in what will be seen by political pundits as another step by the conservative champion toward a possible 2024 presidential run.
The autobiography by DeSantis, who was overwhelmingly re-elected three weeks ago to a second four-year term steering the increasingly red Sunshine State, is titled “The Courage to Be Free: Florida’s Blueprint for America’s Revival.”
Word of the book, scheduled to be published Feb. 28 by Broadside, the conservative arm of HarperCollins Publishing, was shared first with Fox News Wednesday. (more)
As we have chronicled since July, the decision for Ron DeSantis to enter the 2024 contest was made before the spring of 2022, everything thereafter has been a grand game of position and pretense. The seeds for the effort were laid even earlier in February when the DeSantis team reached out to “conservative influencers” to form the alignment for the August ’22 shift and branding campaign.
According to the most visible and predictable roadmap, DeSantis will likely be held back from an official announcement until later in 2023.
The problem for DeSantis handlers is that when the announcement is made all pretenses will be dropped and many people will review the landscape in hindsight and see the roadmap.
A combination of pretending, deflection and obfuscation is the management team’s #1 priority right now to avoid the Florida voter anger about being duped on DeSantis intention. However, they do have to follow the timeline of the script if they want to try and maintain the campaign momentum.
By design, Governor Ron DeSantis will almost certainly be the last candidate to enter the 2024 race, sometime late summer. The entry will depend on their success in keeping him in the spotlight and headlines without ‘officially’ looking like they are trying to keep him in the spotlight and headlines. Fox News will play a key role in keeping DeSantis spotlighted.
Everything is being carefully managed; however, when you know the script, and know where the tripwires are located, it’s very easy to see it playing out.
Posted originally on the conservative tree house on November 30, 2022 | Sundance
When it comes to the private corporations in American politics known as the Republican National Committee (RNC) and the Democrat National Committee (DNC), there is a common misconception that the corporations represent the voters, they do not.
The RNC and DNC corporations represent their interests, which are not necessarily in alignment with the interests of the unpaid voluntary participants, the voters. As a consequence, when a lawyer is hired by the RNC they are not representing the candidate or voter, they are representing the interests of the corporation. A big difference.
The RNC is the client, the candidate is a secondary consideration, the voter is ancillary to the primary interest. In the example above, the RNC lawyer has been paid $892,550 through the end of September 2022, to represent the interests of the corporation.
It is entirely possible for the RNC contracted lawyer to succeed in fulfillment of the client goal, yet the candidate and voters lose. Remember, the corporation is paying to have their interests represented. If the interests of the corporation are not in alignment with the interests of the candidate/voter, the client interest supersedes.
Legal success is found in representing the interest of the RNC, not the candidate. Once, that success is achieved, the legal team move to the next objective as instructed by the corporation.
There are two private corporations representing Republicans and Democrats; they are most commonly referred to as political parties. There is no basis for the existence of private political parties in the United States constitution. Both parties’ function from a position as private interests outside the framework of government.
What we commonly refer to as ‘politicians’ are selected representatives to the government from each of the corporations. What we commonly refer to as ‘primary elections’ are suggestions to each of the corporations from citizens expressing their preference for the representative. The corporation can individually choose to accept or decline the suggestion from the voters, and the only thing that binds the corporation to follow the suggestion are the corporate rules.
The corporation of the RNC and DNC exist to serve their own interests.
Politics is the RNC and DNC business; however, the income stream -the financial aspects to the business- is what holds influence over the corporate priority. Ideology is part of the equation, but control of the business and generating revenue is the main function of the corporation. Unfortunately, in the reality of the business model, election outcomes are downstream from those two priorities.
It is with this corporate baseline in mind that all ‘election’ political analysis should take place.
The economics of the thing is what Republican officers in the RNC emphasize.
Without money, the corporate mission doesn’t operate. Without money the RNC members -essentially board members- do not function, hold meetings, assemble, or participate in the organization. Therefore, from the standpoint of the corporation, the business of politics (corporate donor inputs) drives the activity, not election results (outputs).
This facet to U.S. politics is rarely discussed because the corporations and the people who run them do not want this process emphasized. However, if voters do not comprehend this dynamic, they can fall victim to the fallacy of false representative choice.
The corporation is made up of members. The members make the rules. The members have preferences and ideological outlooks about the objective of the corporation as part of their position within it. Inside this dynamic is where you see the changing of rules to benefit the preferences of the members; ultimately influencing outcomes.
Unlike most political sites, CTH watches this inside club dynamic closely, because ultimately it explains a lot of ‘consequences’ that we see later discussed. It is easier to just sit back and discuss the consequences than it is to watch the officials inside the club make rule changes proactively. However, it is by watching the rule changes that we can see the roadmaps of influence within game as played by both RNC and DNC corporations.
Any political commentary that does not take this private club dynamic into consideration, and/or explain the consequences from decisions within the club, is not serving the interests of the American electorate.
Some RNC members support MAGA, some do not. Some RNC members support the Wall Street alignment, some do not. Some members support the populist movement, others do not. Some RNC members support a big tent approach to a working-class coalition, other RNC members regard the working-class as beneath their representative interests. The key point is that it’s a private club making these decisions.
The majority decision from within the club membership vote will determine each outcome(s). Donald Trump may have earned 100 million voters and supporters, but only 168 unelected members and party officials will determine what that means to their corporate agenda.
There is no guarantee the America First agenda of Donald Trump is in alignment with the 2022, 2023 priorities of the club.
Factually, all recent suggestions from the club control officers, the billionaire Wall Street donors like Ken Griffin, all suggest the removal of Trump and the MAGA agenda from association with the RNC Club should be the priority of the assembly. The dynamic of financial influence, income to the corporation, changes the entire mechanism of the outcome.
An ideological alignment of individual people, institutions and organizations working in concert toward a common goal is not a conspiracy.
...”He wants to improve the diversity of the GOP and blunt the vein of populism that has complicated the party’s relationship with the corporate world — two things he’s consulted with House Minority Leader Kevin McCarthy about.”… (link)
RNLA Chair @pnjaban continues to be an important voice for Republicans. She has been tapped by RNC Chair Ronna McDaniel to co-lead an effort reviewing the midterms with RNC Committeeman Henry Barbour as part of the Republican Party Advisory Council. https://t.co/78stimQIDM
I am going to continue outlining the 2023 and 2024 political club landscape. Much of the continued exposing will be on a granular, cited and difficult to accept level. Yet it becomes necessary because we need to see the strings on these GOPe marionettes if we are going to avoid the “illusion of choice” that each component element, RNC, GOP, RGA, RCCC, is constructing for us.
Normally, I would avoid such a “tripwire” outline before the 2023 RNC Winter Meeting this upcoming Jan. However, I have also vowed to deconstruct the pretending with brutal -and yes, difficult to accept- honesty; so, firstly the timing is not of my choosing. Secondly, CTH will once again be assembling the humint resources to extract the political conversations that GOPe leadership inside those meetings do not wish to see exposed.
WASHINGTON/NEW YORK, Nov 16 (Reuters) – Blackstone Inc (BX.N) Chief Executive Stephen Schwarzman [pictured left], who has been one of Wall Street’s biggest donors to Donald Trump’s election campaigns, said on Wednesday he will not back the former president in 2024.
Trump announced he would run in the 2024 U.S. presidential election on Tuesday, launching an early bid to become the Republican nominee in an effort to pre-empt potential rivals.
Schwarzman said it was time for new party leadership and that he would back a different Republican in the presidential contest. “It is time for the Republican Party to turn to a new generation of leaders and I intend to support one of them in the presidential primaries,” he said in a statement, which was first reported by Axios.
Schwarzman, 75, is a prominent Republican donor. He spent $35.5 million to support Republicans ahead of last week’s midterm election. Republicans are still one seat short of capturing control of the U.S. House of Representatives and have failed to take over the U.S. Senate. (more)
NEW YORK – Rupert Murdoch has reportedly warned Donald Trump his media empire will not back any attempt to return to the White House, as former supporters turn to the youthful Florida governor Ron DeSantis.
After the Republican party’s disappointing performance in the US midterm elections, in particular the poor showing by candidates backed by Trump, Murdoch’s rightwing media empire appears to be seeking a clean break from the former president’s damaged reputation and perceived waning political power.
[…] “We have been clear with Donald. There have been conversations between them during which Rupert made it clear to Donald that we cannot back another run for the White House.”
[…] Lachlan Murdoch, the heir apparent and eldest son, who co-chairs News Corp and runs the parent company of Fox News, has reportedly told DeSantis that the group would back him if he ran in the next election. “Lachlan has been keen on Ron for some time,” said the i’s source. “He’s viewed within the organization as a sanitized version of Donald.” (read more)
Once you see the strings on the corporate marionettes, it’s impossible to return to that moment in the political performance when you did not see them.
Posted originally on the conservative tree house on November 29, 2022 | Sundance
As NBC has now outlined in detail, a trio of dubious characters leveraged President Trump’s previous support for troubled Kanye West as an opportunity for an intentional smear campaign construct by Milo Yiannopoulos, Nick Fuentes and Kanye West himself. [Details Here] Mr. West, now known as Ye, intended to make trouble by bringing uninvited guests along to carry out the operation.
The media and political opposition gleefully latched on to the successful targeting operation, in an effort to smear Donald Trump. In typical Alinsky fashion, the goal is to controversialize the operational target. Senator Mitch McConnell followed up today with his own pile on supported by his Senate leadership.
Given Mitch’s well known use of fabricated political racism to attack Republicans who do not bend a knee to him, his statements are pure skullduggery.
CTH has been warning about the scheming conniving Mitch McConnell for well over a decade.
While no one except Donald Trump is at fault for trusting Kanye West, you can clearly see how the entire apparatus of DC politics is working in concert to retain power and remove the threat that President Trump represents.
Glenn Greenwald Published originally on Rumble on November 26, 2022
We are working hard to prepare our new live, nightly prime-time program — SYSTEM UPDATE — which will debut shortly on Rumble. Once launched, it will air every night for one hour, Monday through Friday, at 7 pm ET and will be freely available to everyone. Once the show is concluded, we will move to Locals for an interactive after-show — for our Locals subscribers only — where we will take questions, address ideas, and hear audience feedback.
For now we are perfecting the show in anticipation of our launch by streaming our live test-run shows on Locals. Last night (Friday night), we focused our monologue on the media’s truly panic-driven and demented meltdown over the possibility that there will be one social media platform on the internet — Twitter — that they cannot censor and control. The monologue examines the underlying motives and drives that cause corporate media employees to panic in the face of free speech, as well as the insidious and potent plan that is being constructed — right out in the open — to destroy any social media platform that refuses to submit to censor orders, the way they did to Parler.
We believe there is no more urgent issue than the full-scale, multi-pronged attack on free speech on the internet. The censorship regime they are constructing will enable them to propagandize the population without challenge and fully control the flow of information. That is why we are devoting our work and producing our show exclusively on Rumble, a company that we truly believe is committed to preserving free speech and defying censorship pressures not only as a brand but as a cause. Stay tuned for the premiere of our new live SYSTEM UPDATE program here on Rumble. We hope you enjoy this glimpse of the show we are in the final stages of perfecting.
Over the weekend, a verified account posing as FTX founder SBF posted dozens of copies of this deepfake video offering FTX users "compensation for the loss" in a phishing scam designed to drain their crypto wallets pic.twitter.com/3KoAPRJsya
Disgraced FTX founder Sam Bankman-Fried is hiding out in the Bahamas, where he is allegedly attempting to recover “lost” funds. “I hate what happened and deeply wish that I had been more careful,” Bankman-Fried passively told reporters at CNBC after causing his own customers to lose billions in crypto. No one is going to lend that man a penny or touch FTX.
FTX filed for Chapter 11 on November 11, and John Ray III, the man who restructured Enron, is now CEO. Ray said that he is hoping for a bailout but said the situation is dire and the worst failure he has witnessed in his 40-year career. FTX’s balance sheets were “unaudited and produced while the Debtors [FTX] were controlled by Mr. Bankman-Fried,” according to Ray. As there is no accurate bookkeeping, it would not be “appropriate for stakeholders or the Court to rely on the audited financial statements as a reliable indication of the financial circumstances.” Ray believes a “substantial portion” of FTX’s holdings were either stolen or missing.
Sam Bankman-Fried said he wishes FTX did not file for bankruptcy as he personally no longer can control the company’s restructuring. FTX and 100 subsidiaries located in Delaware are under chapter 11, but FTX Digital Markets, based in the Bahamas, is separate and Bankman-Fried believes he has some shot in the dark with those assets. “F— regulators, they make everything worse,” the 30-year-old tweeted. Regardless, the money is gone.
A deep fake video began circulating over the weekend of Sam Bankman-Fried:
“Hello everyone. As you know our FTX exchange is going bankrupt,” the deep fake of Bankman-Fried said in the video. “But I hasten to inform all users that you should not panic. As compensation for the loss we have prepared a giveaway for you in which you can double your cryptocurrency. To do this, just go to the site [redacted].”
The video attempted to take advantage of victims by asking them to enroll in a fake crypto giveaway. The video is a complete lie – that is not Sam Bankman-Fried, and the victims will not receive compensation. What people must understand is that there is no record of these funds existing anywhere. No one knows who worked for FTX, as all basic information has been shielded. These mysterious employees were encouraged to use software that automatically deleted messages, and they often spoke in code. Alameda Silo, Ventures Silo, and Bankman-Fried’s other entities allegedly invested in holdings but did not keep a record of their activities. There is no list of bank accounts, signatories, or evidence of debtors’ creditworthiness. No one knows how much money FTX should have or where the funds have gone.
Do not believe these deep fakes and do not believe anything Bankman-Fried says, whether a deep fake or not. As Ray explained, “Mr. Bankman-Fried is not employed by the Debtors and does not speak for them. Mr. Bankman-Fried, currently in the Bahamas, continues to make erratic and misleading public statements.”
Posted originally on the conservative tree house on November 7, 2022 | Sundance
In the past week the mainstream media and U.S. government interests have collectively been in a state of apoplexy as Elon Musk took ownership of Twitter and began announcing changes.
As a result of the management change, there have been some new discoveries about the internal operations of the social media platform that are worth highlighting. [Background Context Here] Additionally, it seems likely that Musk’s focus on the technology side of the operation might soon lead to [¹]interesting discoveries. However, let’s start by reviewing information discovered in the management change.
First, it is important to recognize that Twitter is simply a massive global commenting and information sharing system. Twitter, the platform itself, does not provide any content, all content (comments, pictures, videos, links to articles etc) is provided by the users of the platform. In essence it is a big chat room or commenting system. The main point to remember is that Twitter does not provide any content, the platform simply provides the hosting system for the conversation itself.
♦ “Verification” – Individual accounts on Twitter could request to be ‘verified’ by Twitter to validate their identity as a specific user of the platform. This is the “blue check” process that assigns a blue check badge to the user upon verification.
Apparently, the verification badge morphed into some form of enhanced credibility for the user almost like a tiered social system or class system. The ‘Blue Checks’ considered themselves more important than the average user and that verification system then became something of a status symbol.
Inside the administration system of Twitter, the assignment of the verification badge became a tool for the Twitter admins to elevate some user accounts as more important than others.
However, apparently with the new management in place, it has been discovered that verification badge status was also for sale. For a secret fee, if you knew the right people, you could purchase a verified status. Of course, no one ever knew this before, and it seems very sketchy. [See comment above left]
Knowing that some users purchased their verification status, the apoplexy over Elon Musk deciding to allow any user to verify their status for an $8/month fee, now takes on a new perspective.
Obviously, the verified users who purchased their elevated status would feel ripped off if anyone could now get verified, that’s issue #1.
Issue #2 is the diminished level of importance of a ‘blue check’ badge or credential if it is available to anyone. The internal class system is removed.
This is the second point of contention amid those who are not happy with the verification proposed by Elon Musk. It sounds absurd, but the level of anger over this leveling of the caste system has led to claims of widespread verification status being called a national security threat.
Apparently, many of the ‘Blue Checks’ on Twitter are really full of themselves, and do not like the idea that under new management any of the unwashed masses could gain a verification badge. Combined with the knowledge that U.S. government and intelligence officials were part of the background Twitter discussion prior to Elon Musk, it would appear the ‘blue check’ system was akin to a verified user license, ID or passport.
It all sounds really weird, but that’s the type of internal dynamic that was ongoing within the platform.
♦ Next up, speech control. We discover from the people who were notified of their job loss, that Twitter had individual specialized groups or units within the admin functions who monitored the conversation.
There was a “climate change unit”, a “human rights” unit, a “public health” unit and various other moderation divisions within the platform.
These “units” are groups of people who monitored the public discussion with special interest. Again, for emphasis, Twitter never provided any content, so the workers in these units were simply conversation monitors or moderators who were tasked with reviewing, approving or removing comments (user content) specific to their unit specialty. This is where the censorship stuff originated.
If you posted a comment about the subject of climate change, your comment was subject to review by internal Twitter monitors who were authorized to control the comment itself. The same outlook applied to a host of subjects as defined by the Twitter organization. There are thousands of these conversation monitors, each with a specific subject they are assigned to monitor. Again, it sounds absurd, but that is what was taking place.
It is not yet fully understood how many different subjects were monitored by specialized thought police, but it seems to be a rather extensive network of very costly employees as moderators depending on the subject matter of the conversation being controlled. This reality explains why opinions or comments that ran counter to the ideological orthodoxy of the monitors were removed.
Again, a bizarre moderation system akin to conversation monitors being placed in the workplace lunchroom, each assigned to look out for discussion of topics they were assigned to control, and then correcting anyone who spoke about an issue in violation of the acceptable company opinion. It’s all just bizarre, but thousands of those jobs were what Elon Musk removed in last week’s wave of layoffs.
The removal of these conversation monitors, public comment moderators, is another big point of contention by the leftists who now fear that anyone will be able to speak on the platform without being censored or controlled.
The media and government officials are worried about seeing comments from government skeptics, election deniers, climate change deniers, or people in other countries with different social outlooks toward sex, gender, traditional marriage, religion or geopolitical worldviews that run counter to the interests of the United States government. This seems to be the foundation of the Intel Community claim about a national security threat created by the removal of moderators.
This level of conversational control explains why the U.S. government held a vested interest in Twitter as a global communication platform. Example: a Russian national might start to compare the FBI to the FSB, plant seeds of intellectual inquiry amid the U.S. reader/user and stir up discontent on a larger scale. Thousands of Twitter moderators were assigned to filter through the commenting system while various flags and algorithmic warnings were created to facilitate tight control.
The entire moderation system sounds like an Orwellian construct because it is.
Removing this level of control over the platform is what has made Twitter’s new owner and CEO Elon Musk a threat to the global order of things.
Posted originally on the conservative tree house on November 6, 2022 | Sundance
The Wall Street Journal is reporting that Facebook’s parent company, Meta, is planning to lay off people after the midterm election next week. Meta has lost 70% of its stock value after announcing poor user engagement and financial support last week while investors fled to the exits.
In the big picture, those companies who were ideologically aligned with the Biden administration’s larger political efforts will all likely start announcing layoffs soon. There’s a better than reasonable likelihood some companies have deferred layoff announcements in an effort to help the employment stats for the Biden Administration.
(Via Wall Street Journal) – […] The layoffs are expected to affect many thousands of employees and an announcement is planned to come as soon as Wednesday, according to the people. Meta reported more than 87,000 employees at the end of September. Company officials already told employees to cancel nonessential travel beginning this week, the people said.
The planned layoffs would be the first broad head-count reductions to occur in the company’s 18-year history. While smaller on a percentage basis than the cuts at Twitter Inc. this past week, which hit about half of that company’s staff, the number of Meta employees expected to lose their jobs could be the largest to date at a major technology corporation in a year that has seen a tech-industry retrenchment.
The cuts expected to be announced this week follow several months of more targeted staffing reductions in which employees were managed out or saw their roles eliminated.
“Realistically, there are probably a bunch of people at the company who shouldn’t be here,” Mr. Zuckerberg told employees at a companywide meeting at the end of June. (read more)
China is losing business by implementing lockdowns that also prolong the global supply chain shortage. The Zhengzhou Airport Economy Zone in Henan province is currently under lockdown. This is where Apple’s largest manufacturing plant is located. The Chinese government said that the lockdown would last for only seven days, but we have seen their lockdowns expand numerous times. All it takes is one single case of COVID for the policy to change, and businesses cannot plan ahead.
Foxconn, the largest iPhone manufacturer, stated that they experienced a COVID outbreak in their factory. Foxconn already requires employees to take a COVID test within 24 hours of entering the building, and vaccinations are highly encouraged.
Apple’s earnings report released last week showed that the company remains strong. However, their iPhone revenue failed to meet expectations. Apple has been unable to provide fiscal guidance since 2020 due to uncertainty.
To avoid this uncertainty, Apple is moving around 5% of its global iPhone 14 production to India. Analysts at JPMorgan believe the company may produce a quarter of all iPhones in India by 2025. India also happens to be the second-largest smartphone market in the world, but Apple only secured 3.8% of the market last year as it competes with Xiaomi and Samsung.
“The new iPhone 14 lineup introduces groundbreaking new technologies and important safety capabilities. We’re excited to be manufacturing iPhone 14 in India,” the company stated in September, hinting at the global fear of the Chinese government using technology for intelligence purposes. The low cost of manufacturing items in China may not outweigh the revenue loss caused by abrupt and frequent lockdowns.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
Centinel2012 