EAST AND GULF COAST ILA LONGSHOREMEN STRIKE STRANDING BILLIONS IN TRADE
September 30th, 2024Hurricane Helene + Strike at Ports + Upcoming October Surprise = [???]
Via: CNBC:
Billions in trade came to a screeching halt at U.S. East Coast and Gulf Coast ports after members of the International Longshoremen’s Association (ILA) began walking off the job after 12:01 a.m. ET on October 1. The ILA is North America’s largest longshoremen’s union, with roughly 50,000 of its 85,000 members making good on the threat to strike at 14 major ports subject to a just-expired master contract with the United States Maritime Alliance (USMX), and picketing workers beginning to appear at ports. The union and port ownership group failed to reach agreement by midnight on a new contract in a protracted battle over wage increases and use of automation.
…
Logistics experts have told CNBC in recent months there has been an exodus of cargo from the East to West Coast, and companies moved up orders for peak shipping season due to the strike risk. Both economists and logistics executives say the impact of the strike depends on how long the work stoppage lasts.
“A disruption of a week or two will create some backlogs but the broader consequences will be minimal outside of a handful of very port-reliant areas, including Savannah,” said Adam Kamins, economist at Moody’s Analytics. “But anything longer will lead to shortages and upward price pressures,” he said.
The most significant issues would be faced by food and automobile industries, Kamins said, as they rely especially heavily on the ports that will be shut down.
“Modern Economy Rests On Single Road” In North Carolina Where Hurricane Collapsed Bridges
September 30th, 2024Via: ZeroHedge:
In March, a Wharton professor who studies artificial intelligence and start-ups claimed on X, “The modern economy rests on a single road in Spruce Pine, North Carolina. The road runs to the two mines that are the sole supplier of the quartz required to make the crucibles needed to refine silicon wafers.”
Ethan Mollick noted at the time, “There are no alternative sources known” if supply disruptions were seen in Spruce Pines.
More:
A tiny town just got slammed by Helene. It could massively disrupt the tech industry
The Ultra-Pure, Super-Secret Sand That Makes Your Phone Possible
Israel Invades Lebanon
September 30th, 2024Via: Reuters:
Israel’s widely expected ground invasion of Lebanon appeared to be getting underway early on Tuesday as its military said troops had begun “limited” raids against Hezbollah targets in the border area.
Tulsi Gabbard: My Urgent Warning To All Americans
September 30th, 2024“A vote for Kamala Harris is a vote for Dick Cheney.”
Sums it up.
So, Cheney in a wig or President Pfizer Warp Speed…
Via: Tulsi Gabbard:
Related: The New York Times Endorses Kamala Harris for President
East Coast Port Strike Looming
September 30th, 2024Via: ZeroHedge:
Time is running out for the International Longshoremen’s Association (ILA) and the US Maritime Alliance (USMX)—a coalition of port operators and carriers—to form a new labor contract as the existing one expires at midnight. A no-deal scenario would mean thousands of longshoremen at three dozen facilities across 14 Gulf and East Coast ports would begin striking at 12:01 am EST. Tuesday would mark the beginning of a major supply chain storm (inflation surge) in a no-deal scenario.
Goldman analyst explained last week that a walkout by ILA members would jeopardize $5 billion in daily international trade coming into the Gulf and East Coast ports.
World’s Biggest Drone Display
September 30th, 2024Via: Guinness World Records:
England’s Chief Medical Officer Admits Government “Potentially” Overstated Danger of Covid
September 29th, 2024Mmm hmm. And yet, nobody is in jail, or being prosecuted for any of it.
Via: Off-Guardian:
The Government potentially overstated the danger of Covid to the public at the start of the pandemic, Prof Sir Chris Whitty has admitted.
The Chief Medical Officer told the Covid Inquiry he still worries about whether the Government got “the level of concern” right as it introduced lockdowns and shielding measures.
Sir Chris said it was a difficult balance and if anything it was possible that authorities “overdid it” when communicating how dangerous the virus was at the beginning of the pandemic.
Fauci’s Inner Circle Shielded U.S. Collaborator
September 29th, 2024Via: Brownstone Institute:
The Wuhan Institute of Virology’s chief American collaborator leveraged connections in Anthony Fauci’s inner circle to survive federal scrutiny and keep millions in public funding flowing without turning over key data, new records show.
Hundreds of documents — emails obtained under Freedom of Information Act lawsuits or Congressional subpoena, as well as Congressional interview transcripts — show Fauci’s institute protected EcoHealth Alliance, which collaborated on novel coronavirus discovery and engineering projects with the Wuhan lab.
Sam Altman Just Pitched The Biden Administration On A Massive Build Out Of AI Data Centers
September 29th, 2024Via: ZeroHedge:
While most of the news this week about Sam Altman has been centered around the nearly $10 billion in equity he could be receiving in OpenAI, another headline slipped through the cracks mid-week: OpenAI has pitched the Biden administration on a build-out of massive data centers.
OpenAI has urged the Biden administration to support the construction of massive data centers, each consuming as much power as a city, to advance AI development and compete with China.
After a recent White House meeting attended by OpenAI CEO Sam Altman, the company submitted a document outlining the economic and security benefits of building 5-gigawatt data centers across several U.S. states—equivalent to the output of five nuclear reactors, enough to power 3 million homes, according to Bloomberg.
Treason: U.S. Immigration and Customs Enforcement Admits to Releasing 663,000 Immigrants with Criminal Histories Into U.S. — 13,000 Convicted of Homicide, 16,000 Convicted of Sexual Assault, and 1,845 Facing Homicide Charges
September 28th, 2024Keep in mind, this is just what they’re admitting.
No matter your politics, these new numbers are shocking. Of the 7 million migrants that ICE released while their cases are being processed, 663,000 have criminal histories, 13,000 were convicted of homicide, 16,000 of sexual assault, and 1,845 face homicide charges. ? pic.twitter.com/R20ShfPpFq
— Michael Shellenberger (@shellenberger) September 27, 2024
