USDA Destroying 420,000 peach trees after Del Monte closes all California canneries for good
Del Monte (139 years old) filed bankruptcy as rising energy prices and steel tariffs exacerbated an already bad balance sheet. They closed their Modesto and Hughson canning plants and canceled long-term contracts worth hundreds of millions.
Farmers now have no buyer for clingstone peaches meant for canning.
The USDA is "helping" farmers, providing $9m to destroy the orchards, calling it 'support for transitioning.'
This is what systemic failure looks like in a centralized food supply: one big player collapses, and the entire chain breaks.
Grow your own food! De-centralize! #GoGrow
Japan's 10Y Bond Yield chart is something for the history books.
This is definitely not normal. https://t.co/YlD8kOFh3f
(@TheKobeissiLetter)
🇺🇸⚡️🇮🇷- Map of the US-Iranian missile/drone exchanges from August 30th- September 1st
🇺🇸❌🇮🇷- August 30th confirmed US impacts: Larak Island.
➡️September 1st confirmed US impacts: Bandar Abbas, Chabahar, Sirik, Konarak, Bandar-e-Jask, Kuhestak, and Qeshm Island.
➡️September 1st unconfirmed US impacts: Minab.
🇮🇷❌🇺🇸🇯🇴- August 30th confirmed Iranian impacts: A hanger at the Muwaffaq Al- Salti airbase in Jordan.
➡️August 30th unconfirmed Iranian impacts: The King Hussein airbase in Jordan.
➡️September 1st confirmed Iranian impacts: Aqaba (presumably Camp Titin) in Jordan.
🇮🇷❌🌞- Iranian drones have also struck the Erbil airport in Kurdish Iraq today on September 2nd.
@GeoPWatch
🇮🇱 🇺🇸 🇮🇷 The Jerusalem Post suggests Americans need “a federally administered debt-forgiveness enlistment program…” for the Iran war.
The CIA has now confirmed what the strike data was already reflecting. First, Iran's military capacity did not collapse. Second, air power resolved neither the institutional problem nor the negotiating problem. Third, the Pentagon still lacks the tools needed to end the war with the Islamic Republic.
Recruitment numbers are running below what a ground invasion of Iran would require. Estimates for a successful ground campaign against Iran's 31 provincial commands and its Mosaic Defense Doctrine run between 750 thousand and 1.5 million American troops. The current active US Army stands at roughly 452 thousand. The math does not work, obviously.
The average American aged 18 to 34 carries more than $40 thousand in non-mortgage debt across student loans, credit card balances, auto loans, and personal loans, with some estimates go as high...