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September 07, 2024
Fraud

A jury found five defendants guilty and two not guilty on Friday in the first trial in the nation's largest pandemic relief fraud case.
They faced a total of 41 charges — chiefly wire fraud, bribery and money laundering - alleging they claimed to give away 18.8 million meals to needy children from 50 sites across the state.
Prosecutors said they fabricated invoices and submitted thousands of phony names of children in order to get $49 million in federal funds.
Said Shafii Farah and Abdiwahab Maalim Aftin were acquitted of all charges against them, while the others had a mix of convictions and acquittals.
Assistant U.S. Attorney Joseph Thompson held a brief press conference and said, "We're pleased with the verdict. We're proud of the trial."
He said the outcome confirms what the feds knew all along: That members of the group falsified documents, lied and claimed to be serving millions of meals, taking advantage of a global pandemic to defraud the public and steal millions of dollars.
"This conduct was not just criminal, it was depraved and brazen," Thompson said. "Evidence showed how brazen the scheme was, and how
The verdict came at the end of a chaotic week, when the first day of jury deliberations was marked by chaos Monday, as federal prosecutors revealed that someone left $120,000 at the home of a juror Sunday night in an effort to sway her vote. The juror - and another juror who became aware of the bribe attempt - were dismissed, while the remaining jurors were sequestered and the defendants detained for the remainder of deliberations.
The home of one of the defendants, Abdiaziz Shafii Farah, whom prosecutors have described as a ringleader, was raided Wednesday in connection with the bribe investigation.
The defendants are the first to stand trial out of 70 people charged so far in what's been dubbed the Feeding Our Future case - named for a nonprofit at the center of the scheme — and which revolves around a web of people who federal prosecutors say stole some $250 million.
Eighteen people have pleaded guilty and one fled the country.
The verdict is sure to affect the 44 others awaiting trial. More could still be charged, especially if the guilty verdicts unleash a wave of cooperation with the investigation, as defendants and suspects seek lighter sentences. The two acquittals may give some the confidence to go to trial.

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December 25, 2025
A Christmas Message from PrepperNow!
00:10:29
HERO!

🇺🇸 #Oklahoma high school principal (Kirk Moore) seen charging at and disarming a school shooter.

The suspect, identified as 20-year-old Victor Hawkins, was a former student who said he wanted to shoot up the school “like the Columbine shooters did.” While taking down the shooter, Moore was shot in the leg. He is expected to recover.

When the Principal woke up that day, he never thought he would be tackling a gunman.

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00:00:33
Amnesty

For those who don’t know, Trump recently endorsed Maria Salazar for re-election (February, 2026) after she publicly called on him to provide mass amnesty for illegals more than 8 months ago.

But please keep telling me how Thomas Massie is the one who needs to go.

EDWARD DOWD

00:00:27
Oil reserves

🇨🇳🛢 How much strategic oil does the world actually have in reserve?

Global strategic crude oil inventories stood at ~2.5 BILLION barrels as of December 2025, according to the US Energy Information Administration.

China holds by far the largest stockpile at 1,397 million barrels, more than 3 times the US Strategic Petroleum Reserve of 413 million barrels, which itself sits at only 58% of its full storage capacity of 714 million barrels.

China added an average of 1.1 million barrels per day to its strategic inventories throughout 2025, with preliminary data suggesting it continued building stockpiles in early 2026 ahead of the Iran War.

Japan holds the 3rd-largest reserve at 263 million barrels, followed by OECD European countries at 179 million barrels.

Meanwhile, the US is releasing 172 million barrels from its Strategic Petroleum Reserve to suppress oil prices, part of a broader 400 million barrel coordinated release agreed by 32 IEA member nations in March.

🔗 ...

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Rising Oil

🛢 JP Morgan Warns Oil Market Out of Balance, Prices Must Rise

🔸The closure of the Strait of Hormuz, through which roughly 20% of the world’s oil flows, has removed 13.7 million barrels per day from global supply in April alone. A JP Morgan research note warns the market has no good way to replace it.

🔸Normally, spare production capacity in Saudi Arabia and the UAE acts as the market’s shock absorber. But that buffer has effectively been removed, eliminating the system’s first line of defense.

🔸With spare capacity unavailable, markets turned to inventories
➤ Global stockpiles are now being drained at ~7.1 mbd in April, an extraordinary pace, according to the note.

🔸Meanwhile, demand is collapsing because supply simply isn’t reaching users — “forced demand destruction.”The hardest hit sectors include:
▪️ Petrochemical plants across Asia are shutting down or slashing output as LPG, ethane, and naphtha flows from the Gulf collapse
▪️ Airline jet fuel ...

OIL INVENTORY

🛢⛽️ Global oil inventories are heading toward RECORD LOWS:

Global visible oil inventories have fallen -255 million barrels since the start of the conflict on February 27, to 7,864 million barrels.

Total estimated oil draws, including non-OECD refined products storage, have accelerated to 10.9 million barrels per day in April, the largest monthly draws on record since 2017.

Cumulative estimated draws since the start of the war now stand at 474 million barrels, with Hormuz flows holding at ~10% of normal, or 2.0 million barrels per day.

Meanwhile, even in an optimistic scenario where Strait of Hormuz flows begin recovering by late April, it is unlikely to prevent global visible inventories from reaching all-time lows, according to Goldman Sachs.

As inventories keep falling, physical oil markets are likely to require sharply higher prices for immediate delivery, since buyers cannot wait months for cheaper futures delivery when stocks are running critically low.

Goldman also warns...

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