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Energy Independence

energy independence400x400We value energy independence where coal and oil industries flourish while maintaining the pristine quality of our land, air and water. We support clean coal production and clean fracking.

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Colonial Pipeline Paid Hackers $5 Million In Ransom Hours After Attack 

Colonial Pipeline Paid Hackers $5 Million In Ransom Hours After Attack  Update (1028ET): In a stunning reversal to the official narrative in which the good guys lost and those evil “Russian” hackers ended up with nothing, Bloomberg reports that Colonial paid the DarkSide hackers approximately $5 million in cryptocurrency (which Bloomberg now calls “untraceable” when in its every other hit piece crypto is supposedly completely “traceable”) within hours of the attack last Friday, contradicting a WaPo report it had no plans to pay the ransom to unlock its paralyzed pipeline system. Or what a difference one day makes, before… And after… Once the ransom was paid, the hackers provided Colonial with a decrypting tool to restore its computer system, but “the tool was so slow that the company continued using its own backups to help restore the system, one of the people familiar with the company’s efforts said.” Yeah right. Alas, now that everyone is lying – that WaPo’s sources were dead wrong is hardly a surprise – we will need to get the full story from the hackers themselves. Like, for example, what cryptocurrency was used to make the $5MM payment (we assume bitcoin, adding insult to injury for the ESG cult which faces the double whammy of all those millions of gallons of gasoline flowing again and the realization that Chinese power plants used to mine bitcoin raised global temperatures by at least 1 degree to bring us this payment). Of course, the FBI has requested companies and local and state governments not to pay ransom upon an attack because there is no guarantee the hackers will unlock files. Furthermore it will only incentivize more hacks, so we can only imagine what nuclear power plant(s) will be held for ransom next. Finally, as expected, official sources were completely

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Former Cuban Military Leader Reveals Inside Story on Castro and Che Guevara 300x180 eL5U3u

Cuban Military Commander Turned Spy Reveals Inside Story of Cuban Revolution

As a member of former Cuban leader Fidel Castro’s inner circle, Dr. Julio Antonio del Marmol had access to the most secret information of the regime’s plans and operations. As the Cuban revolution began in 1959, del Marmol was introduced to Castro by his father, a passionate patriot who believed whole-heartedly in democratic values and equality. Del Marmol’s father was not only ideologically committed to the Cuban revolution, which said it would be “democratic,” but also provided financial support to Castro’s regime. Castro, impressed by young del Marmol who was only 11 years old at that time, nominated him to be the Commander-in-Chief of the Young Commandos of the Rebel Army, del Marmol told The Epoch Times’ Crossroads program. Having had interacted with Castro and Che Guevara on a regular basis, del Marmol was taken one day to a secret meeting where the revolutionaries were preparing to take over all Cuban …

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Rabobank: SPLAAAT – It Was The Kind Of Report That Make Data Great Again

Rabobank: SPLAAAT – It Was The Kind Of Report That Make Data Great Again By Michael Every of Rabobank SPLAAAAAAAAAT! That sound was the pure slapstick of a giant custard pie to the face. Which is what the US inflation numbers yesterday were to oh-so-many people. Massively higher than expected; the highest m/m headline since 2009 and the highest y/y since 2008; the highest core m/m print since 1982; much of this on the back of imputed and guessed prices; and not even properly accounting for what is now happening in energy and housing. It was the kind of report, like Friday’s payrolls, that Make Data Great Again. One that also shows the whole economic number forecasting business is a silly game when it really matters. Yes, you can tell me what a number will be when that number doesn’t change anything: you just can’t tell me what the number will be when it changes everything. Perhaps the most telling part of the report was that used car prices are surging. As any economist will tell you, as soon as you drive a car off the dealer lot, the price goes down because of the “lemon” factor. Well, a giant lemon meringue custard pie just hit them all in the face. “Forecasters are struggling to get a handle on the economy,” says Bloomberg charitably. You think? If so, add them to a list that includes the Fed and the Treasury. The Fed’s Clarida noted “I was surprised. We have pent-up demand. It may take some time for the supply to rise up to demand.” Ah, supply vs. demand! I’ve made clear on many occasions that I find the neoclassical view of aggregate supply and demand curves fantastical – because they don’t exist, as economics itself shows. But right now, the

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