Sep 6, 2023

Listen To What They Don't Say



First, you accomplish nothing by trying to shame them. You can't shame someone who's deliberately and studiously abandoned their principles. These people have no honor - they've traded it away in order to gain power.

When "conservatives" talk, they're saying a lot that we don't hear.

And that's kinda the key. Listen for the subtext. Take whatever their literal pronouncement is, and flip it - or turn it inside out - in order to hear what they're really saying.
  • They're not looking to avoid a constitutional crisis - they're trying to create one
  • They're not saying we can't have someone as president who's constantly under investigation - they're saying you can't investigate the president (as long as that president is Republican of course)
  • They told us the Dems were engaged in political theater when they impeached Trump for legit reasons, and then when they got a majority in the House, they went completely into theater mode like it's their fucking college major
They're playing the same dangerous game they've played for 50 years. ie: just keep hammering away with "government sucks". "They're all liars". "You can't trust the media".

There will be plenty of rubes who swallow every little turd you float down to them, but the main thing is to destroy the middle. Make that big squishy faction that thinks they're immune to the hype feel pure disdain for the whole mess. Get enough of them apathetic enough to withdraw from the process, and all you have to do is make sure your little gang of 20% - the rubes, the devotees, and the bluff-n-bluster thugs who keep the mob amped up - get them to show up, make lots of noise, and vote the way you need them to vote.

It's long been a ridiculous thing about American elections: on average, 50-60% of people eligible to vote can't be bothered to take part in a democratic system that they either pretend to be knee-jerk proud of, or who've swallowed the propaganda that it's all a sham anyway so why bother.

And voilĂ  - all you need to "win" the election is 20% + 1.

Today's Republicans







Sep 5, 2023

Fuckin' Republicans


Not literally of course. I wouldn't fuck a Republican with somebody else's dick.

But rhetorically or politically? Gladly. Con brio, amigo.

What Tuberville is doing - what every Republican supports - is not "playing hardball". It's hostage-taking. It's roadblocks at the state line, and detaining every woman until she proves she's not pregnant, or "abortion trafficking."

The GOP is ugly and fucked up in the head.


Opinion
Three service secretaries to Tuberville: Stop this dangerous hold on senior officers

As the civilian leaders of the Navy, Air Force, Space Force and Army, we are proud to work alongside exceptional military leaders who are skilled, motivated and empowered to protect our national security.

These officers and the millions of service members they lead are the foundation of America’s enduring military advantage. Yet this foundation is being actively eroded by the actions of a single U.S. senator, Tommy Tuberville (R-Ala.), who is blocking the confirmation of our most senior military officers.

The senator asserts that this blanket and unprecedented “hold,” which he has maintained for more than six months, is about opposition to Defense Department policies that ensure service members and their families have access to reproductive health no matter where they are stationed.

After the Supreme Court’s decision in Dobbs v. Jackson Women’s Health Organization, this policy is critical and necessary to meet our obligations to the force. It is also fully within the law, as confirmed by the Justice Department’s Office of Legal Counsel.

Senators have many legislative and oversight tools to show their opposition to a specific policy. They are free to introduce legislation, gather support for that legislation and pass it. But placing a blanket hold on all general and flag officer nominees, who as apolitical officials have traditionally been exempt from the hold process, is unfair to these military leaders and their families.

And it is putting our national security at risk.

Thus far, the hold has prevented the Defense Department from placing almost 300 of our most experienced and battle-tested leaders into critical posts around the world.

Three of our five military branches — the Army, Navy and Marine Corps — have no Senate-confirmed service chief in place. Instead, these jobs — and dozens of others across the force — are being performed by acting officials without the full range of legal authorities necessary to make the decisions that will sustain the United States’ military edge.

Across the services, many generals and admirals are being forced to perform two roles simultaneously. The strain of this double duty places a real and unfair burden on these officers, the organizations they lead and their families.

The blanket hold is also exacting a personal toll on those who least deserve it.

Each of us has seen the stress this hold is inflicting up and down the chain of command, whether in the halls of the Pentagon or at bases and outposts around the world.

We know officers who have incurred significant unforeseen expenses and are facing genuine financial stress because they have had to relocate their families or unexpectedly maintain two residences.

Military spouses who have worked to build careers of their own are unable to look for jobs because they don’t know when or if they will move. Children haven’t known where they will go to school, which is particularly hard given how frequently military children change schools already.

These military leaders are being forced to endure costly separations from their families — a painful experience they have come to know from nearly 20 years of deployments to places such as Iraq and Afghanistan.

All because of the actions of a single senator.

Any claim that holding up the promotions of top officers does not directly damage the military is wrong — plain and simple.

The leaders whose lives and careers are on hold include scores of combat veterans who have led our troops into deadly combat with valor and distinction in the decades since 9/11. These men and women each have decades of experience and are exactly who we want — and need — to be leading our military at such a critical period of time.

The impact of this hold does not stop at these officers or their family members.

With the promotions of our most senior leaders on hold, there is a domino effect upending the lives of our more junior officers, too.

Looking over the horizon, the prolonged uncertainty and political battles over these military nominations will have a corrosive effect on the force.

The generals and admirals who will be leading our forces a decade from now are colonels and captains today. They are watching this spectacle and might conclude that their service at the highest ranks of our military is no longer valued by members of Congress or, by extension, the American public.

Rather than continue making sacrifices to serve our nation, some might leave uniformed service for other opportunities, robbing the Defense Department of talent cultivated over decades that we now need most to maintain our superiority over our rivals and adversaries.

Throughout our careers in national security, we have deeply valued the bipartisan support shown for our service members and their families. But rather than seeking a resolution to this impasse in that spirit, Tuberville has suggested he is going to further escalate this confrontation by launching baseless political attacks against these men and women.

We believe that the vast majority of senators and of Americans across the political spectrum recognize the stakes of this moment and the dangers of politicizing our military leaders. It is time to lift this dangerous hold and confirm our senior military leaders.

Today's Tweext



Or maybe...

 

The Four Horsemen

... are still the four horsemen, but there's a new kid in town.


And he's about to become the #1 guy.



CLIMATE-LINKED ILLS THREATEN HUMANITY

Pakistan is the epicenter of a global wave of climate health threats, a Post analysis finds


The floods came, and then the sickness.

Muhammad Yaqoob stood on his concrete porch and watched the black, angry water swirl around the acacia trees and rush toward his village last September, the deluge making a sound that was like nothing he had ever heard. “It was like thousands of snakes sighing all at once,” he recalled.

At first, he thought villagers’ impromptu sandbags, made from rice and fertilizer sacks, had helped save their homes and escape Pakistan’s worst floods on record. But Yaqoob — whom villagers call a wadero, or chief — soon realized it was just the beginning of a health disaster. The temperatures rose to triple digits, as the water that would not recede festered in the sun.

An elderly woman died in a boat on the way to the hospital, overcome by heat and dehydration. Dark clouds of mosquitoes bit through even the toughest donkey’s hide, spreading malaria to Yaqoob and four dozen of his neighbors. People came down with itchy dermatitis from walking through the floodwaters. Farmers who could not plant in drenched fields began cutting back their simple meals of vegetables and rice from three a day to two. And then, for some, just one.

“I had no idea what miseries this flood would bring for us,” said Yaqoob, whose village is in Sindh, the hardest hit province in a disaster that left a third of the country underwater.

Pakistan is the epicenter of a new global wave of disease and death linked to climate change, according to a Washington Post analysis of climate data, leading scientific studies, interviews with experts and reporting from some of the places bearing the brunt of Earth’s heating. This examination of climate-fueled illnesses — tied to hotter temperatures, and swifter passage of pathogens and toxins — shows how countries across the globe are ill-prepared for the insidious, intensifying risks to almost every facet of human health.

To document one of the most widespread threats — extreme heat — The Post and CarbonPlan, a nonprofit that develops publicly available climate data, used new models and massive data sets to produce the most up-to-date predictions of how often people in nearly 15,500 cities would face such intense heat that they could quickly become ill — in the near-term and over the coming decades. The analysis is based on a measure called wet-bulb globe temperature (WBGT), which takes into account air temperature, humidity, radiation and wind speed, and is increasingly used by scientists to determine how heat stresses the human body.

The Post analysis showed that by 2030, 500 million people around the world, particularly in places such as South Asia and the Middle East, would be exposed to such extreme heat for at least a month — even if they can get out of the sun. The largest population — 270 million — was in India, followed by nearly 190 million in Pakistan, 34 million across the Arabian Peninsula and more than 1 million apiece in Mexico and Sudan.

The results show how the risk has been growing and will escalate into the future. The number of people exposed to a month of highly dangerous heat, even in the shade, will be four times higher in 2030 than at the turn of the millennium.

By 2050, the number of people suffering from a month of inescapable heat could further grow to a staggering 1.3 billion. At this point, vast swaths of the Indian subcontinent will swelter under extreme humid heat, as will parts of Bangladesh and Vietnam. Only those who can find cooling will find respite.

To reach these estimates, The Post and CarbonPlan combined one of the most detailed sets of historic heat data with the latest climate projections produced by NASA supercomputers, offering one of the most detailed estimates of current and future heat stress at a local level ever produced. The projections assume countries make steady progress toward cutting planet-warming emissions, as they have committed to do.

The Post defined its dangerous heat threshold as more than 89.6 degrees Fahrenheit wet-bulb globe temperature, equal to a temperature of 120 degrees on a dry day, or mid-90s temperature on a very humid day. Spending more than 15 or so minutes beyond that limit, many researchers say, exacts a harsh toll on even a healthy adult; many deaths have occurred at much lower levels.


Extreme heat, which causes heat stroke and damages the heart and kidneys, is just one of the ways that climate change threatens to cause illness or kill.

So far this year, more than 235,000 Peruvians have come down with dengue fever and at least 399 died, according to Peru’s national center for disease control, the most in that nation’s history. Smoke from record-breaking Canadian wildfires billowed across the United States, triggering asthma attacks that forced hundreds to seek hospital care. And East Africa’s worst drought in at least 40 years, which has spurred widespread risk of famine, is 100 times more likely to have happened because of human-caused warming, researchers say.

The number of heat-related deaths of people over 65 increased by 68 percent from 2017 and 2021 compared with between 2000 and 2004, according to a peer-reviewed report from the Lancet last year, while the months of favorable conditions for malaria in the Americas’ highlands rose by 31 percent between 2012 and 2021 compared with 60 years earlier.

“We can say now that people are dying from climate change, and that’s a different kind of statement than we would have made before,” said Kristie L. Ebi, a professor in the Center for Health and the Global Environment at the University of Washington who co-authored the 2022 Lancet Countdown report. “Climate change is not a distant threat to health, it’s a current threat to health.”


Many of the most affected countries have contributed the least to the climate crisis, and are ill-prepared to manage the rapidly multiplying threats.

Last year in Pakistan, dangers piled one atop the other. First, the country suffered a record-breaking heat wave beginning in March. Fires rampaged through its forests. Record high temperatures melted glaciers faster than normal, triggering flash floods. And then heavy monsoon rains caused unprecedented floods, which left 1,700 dead, swept away 2 million homes and destroyed 13 percent of the country’s health-care system.

“Pakistan’s crisis was almost prophetic,” said Sherry Rehman, Pakistan’s outgoing climate minister, in a phone interview. “Look at this summer.”

As the world shatters temperature records — this year is now likely to be the warmest in recorded history — she said, “countries like us, the hot spots, are going to feel the burn immediately.”

INSIDE THE WARD

On a recent 109-degree day, babies wailed and adults vomited into buckets in the crowded heat stroke ward of Syed Abdullah Shah Institute of Medical Sciences, a 350-bed government medical center in central Sindh. With just seven beds for heat stroke victims, patients’ parents and relatives crowded together on the mattresses. Nurses in green scrubs attached bags of intravenous hydration fluids to the arms of even the tiniest patients as fans whirled and two air conditioners dripped and chugged.

The number of heat stroke patients coming to the hospital in summer has increased around 20 percent a year in the last five years, according to M. Moinuddin Siddiqui, the hospital’s medical director, at a time when Pakistan experienced three of its five hottest years on record.

The changing climate has affected people in painful ways, Siddiqui said, including high-grade fevers, vomiting, diarrhea and related diseases such as gastroenteritis. “I have been a doctor here for two decades and such climate changes I have not seen before. It’s disheartening,” he said.

The proliferation of climate ills has taxed this regional hospital center at the same time it has taken in patients from 12 nearby clinics and medical dispensaries swept away in the flood, he said.

The hospital has taken a variety of “special measures” to support the heat patients, including creating the small stroke unit, where patients are treated before either being admitted or sent home with electrolyte powder packets for rehydration. They also added air conditioners in every ward, but sometimes even those don’t cool enough to make patients comfortable.

Despite such preparations, he said, last year’s heat wave shocked the whole system. The air conditioning shut down under intense use and a huge crowd amassed inside the hospital, creating a “panic-like situation” for both the patients as well as health-care providers.

Farm laborers are routinely brought in unconscious with high fevers and may even end up on a ventilator, the doctor said. Outdoor workers are at increasing risk of heat-related illness, but their low-wage jobs are a lifeline. About half of Sindh’s population lives in rural areas, according to a World Bank report, and 37 percent of that population lives below the poverty line.

Siddiqui finds it difficult to tell them to avoid working in the oppressive heat when they earn the equivalent of just a few dollars a day.

“If they take rest in the house they go hungry!” he said.



Around Sindh, women and child specialists and nurses say that they are seeing a rise in miscarriages, low birth weight babies and decreased production of breast milk — that they blame on the stress from the floods, along with rising summer temperatures.

“Miscarriages have been increasing because of the intense heat,” said Zainab Hingoro, a local health-care worker. When she once would have 3 out of 10 pregnant patients miscarry, she now has 5 to 6 out of 10. The number of low-birth-weight babies is “drastically increasing,” she added.

Sughra Bibi, 38, who was about to deliver her sixth child, said she suffered frequent kidney pain and gastrointestinal upset from drinking unsafe water.

“I am not well,” she said, adding that her husband, a laborer, struggled to get enough food to sustain her pregnancy. The couple still lives in a temporary tent nearly a year after the floods, and she wept as she showed photos of her children, ages 9 and 6, who died in the floods’ chaotic aftermath.

Insect-borne diseases are also on the rise. Siddiqui said his hospital saw a “very unusual” influx of malaria patients during February through June, a time not generally considered peak malaria season.

After the floods, Pakistan grappled with over 3 million suspected malaria cases, up from 2.6 million in 2021, according to the World Health Organization. The outbreak was spurred on by standing water and other circumstances making it easier for mosquitoes to breed, reversing decades of progress of reducing cases.

Malaria kills more than 600,000 people a year around the world, and studies show that climate change is driving the once tropical disease to higher altitudes and new areas. A study last year by Pakistan’s Global Climate-Change Impact Studies Center showed that dengue — another mosquito-borne illness — will begin appearing in far higher altitudes by the end of this decade.

Yaqoob, 62, the chief of Bagh Yusuf village, has made two trips to the hospital’s malaria ward in the past year.

The village of concrete and thatched roof dwellings sits up on a dune, so people there can catch cooling breezes in the summer. On hot nights, they sleep outside on string cots, called charpoys, covered in the colorful quilts the region is known for. Still, the heat can be brutal. Villagers drink a combination of jaggery — sugar cane — and black pepper water they say wards off heat stroke.

When the floodwaters lapped at their doorsteps last fall, villagers kept them at bay and Yaqoob held out his crutch to help save several people from drowning.

But three months of living surrounded by contaminated water that smelled like the corpses of dead animals took its toll. First, one of his neighbors sparked a fever, then another. Getting sick in Bagh Yusuf was never easy, even before the flood. Villagers go to a small dispensary if they fall ill: A private doctor costs too much and a trip to the hospital is a last resort.

After 15 days, it was Yaqoob’s turn.

He was overcome with a fever stronger than he had ever experienced and began bleeding from his nose. Relatives had to take him out by boat to the hospital.

Once there, he remained unconscious most of the time. “I hallucinated that the water had reached my house and I had to keep my family members safe. Another time, I thought my siblings were in bad condition and living in a roadside shelter,” he said.

He recovered after about a week, but relapsed in July, spending two more days in the hospital before doctors said he was strong enough to go home.

‘HOTTER AND HOTTER’

One June afternoon, a bread maker in Jacobabad, Pakistan — which has temperature highs in the summer months so extreme it’s often called “the hottest place on Earth” — sat outside when it was 111 degrees, flipping rounds of dough into the air and toasting them over hot coals.

The air around his workspace outside a downtown restaurant is always several degrees hotter than the normal air temperature, Dil Murad said, which can often be overwhelming. He said he feels trapped in his job as the summer heat intensifies, and tries to keep as cool as he can by drinking large amounts of water every hour.

“It’s difficult because this scorching heat has become unbearable,” said Murad, 25. “I don’t have any other source of income, and I have to feed my kids. It’s the only craft I know.”

During a devastating heat wave last year that lasted weeks and vented misery across Pakistan and India, the temperature in Jacobabad soared to a world high of 123.8 degrees on May 14. Human-caused climate change made this record-breaking heat wave at least 30 times more likely, according to modelers at the World Weather Attribution initiative. About 50 people died in Jacobabad alone, according to one estimate.

When temperatures soar life slows to a near halt in this city of 170,000, where the streets are crowded with men wearing loose white cotton clothes and women in headscarves who jostle for space with farmers driving donkey carts. Residents who can’t afford air conditioning try to not move and stay indoors or search for a patch of shade. Sometimes their only respite is a slow-moving fan run by a single solar panel — which only works during the day.

Sweaty rickshaw drivers and construction workers crowd around volunteers passing out cooling herbal drinks made of the bluish-red falsa berries, and residents buy blocks of ice from the area’s busy ice factories to keep themselves — and their food — cool.

In villages outside the city, farmworkers still venture into the rice, wheat and fodder fields, but try to rest during the hottest part of the day, from noon until about 3 p.m. Even then, some become dizzy and collapse. Cows and buffalo — their ribs visible — take refuge in ponds.

The number of days when Jacobabad’s temperature surpassed 113 degrees rose from 12 between 2011 and 2015 to 32 between 2016 to 2020, according to an analysis by Aga Khan University.

“It has gotten hotter and hotter,” said Muhammad Yousif Shaikh, the deputy commissioner for the Jacobabad District. “For some vulnerable communities, the weather has become simply unbearable.”

Shaikh said the district is working to put in place long-term solutions to rising temperatures, such as shoring up the community’s shaky water infrastructure and planting shade trees lost to unplanned development.

But residents have said that they have done little to help them during the hottest days. The district had no permanent heat stroke center until the height of the heat wave last May, when a local NGO, the Community Development Foundation, helped establish one in a local hospital. It has only eight beds.

“During last year’s heat the government did not do anything for us, not even water, nothing,” said Mukhtiar Bhatti, the head of Pir Bux Bhatti, a village about 11 miles north of Jacobabad.

Researchers who have formed a group dubbed the Climate Impact Lab found in a recent study that heat-related mortality will expand dramatically in the coming decades and in the world’s poorest and hottest places, exacerbating inequality.

They projected that higher temperatures will lead to a staggering 150,000 added deaths per year in Pakistan by 2040 — unless the country can grow substantially more wealthy and better adapt to frequent bouts of extreme heat. The rising death rate, 50 per 100,000, is higher than that of nearly all other countries, barring some of the least developed parts of Africa and the Middle East. It is more than twice the number estimated for neighboring India, which has more financial resources to shield its population from the worst climate impacts.

“The way the rich countries are going to respond is by spending more to protect ourselves, and in many parts of the world those opportunities don’t exist,” said Michael Greenstone, a University of Chicago economist and the study’s co-author.

In many cases, improving odds of survival means one thing — access to air conditioning. A study led by scientists at the University of California at Berkeley projects that less than 1 in 10 Pakistani households will have air conditioning in 2030, compared with 25 percent of Indian homes. In the United States, 92 percent of residents had air-conditioned homes as of 2021.

Jacobabad has always had high temperatures in the summer but climate change is fueling heat waves that arrive earlier and last longer than ever before, which may eventually make the area uninhabitable for even healthy humans, experts say. In Jacobabad, a wet-bulb globe temperature of at least 90 degrees will prevail for a third of the year by 2030, The Post analysis found.

Scientists say the higher the wet-bulb globe temperature climbs, the more difficult it becomes to keep cool and the heart and the kidneys can fail as they work overtime to maintain blood pressure and the flow of fluid in the body.

“As the temperature begins to rise, in order to lose enough heat, you have to sweat,” said Zac Schlader, an associate professor at Indiana University at Bloomington who studies the physiological impact of extreme heat. “And that evaporation of that sweat is dependent on the amount of water vapor that’s in the air.”

If the air is too moist to absorb sweat, a person’s internal body temperature will continue to rise. The heart pumps faster and blood vessels expand to move more blood closer to the skin, in order cool off. At the same time, the brain sends a signal to send less blood to the kidneys to stop losing liquid through urine, which deprives the kidneys of oxygen.

The wet-bulb globe temperature combines the regular air temperature (“dry-bulb”), the humidity-adjusted temperature (“wet-bulb”) and the radiant heat from the sun and hot surfaces (“globe temperature”) to capture heat stress.

While every human body is different, many experts and institutions cite just under 90 degrees as the wet bulb globe temperature beyond which the risks of heat illness become very severe. The U.S. Marine Corps cancels all physical training at 90 degrees. The National Weather Service says that in much of the United States, that threshold represents an “extreme threat” to health and it will stress the body after working in direct sunlight for just 15 minutes. A study in Taiwan found that on days reaching a wet-bulb globe temperature of at least 89.6 Fahrenheit (32 Celsius), heat-related emergency hospital visits increased by about 50 percent compared to other warm season days.


Even lower temperatures pose “a very real risk to human health,” Schlader said, especially for vulnerable people.

Temperatures had reached 122 degrees one day in Pir Bux Bhatti during last year’s heat wave when Fazeela Mumtaz Bhatti, age 46, rose to prepare breakfast for her husband, Mumtaz Ali, 50, and their 11 children.

Bhatti — who was otherwise healthy — had made a bit of potato and charred bread, working in a poorly ventilated brick room on an open fire fueled by dung patties. Around 1 p.m., she began to complain she wasn’t feeling well, her daughter Naheed, 18, recalled.

Bhatti left the house to walk a few dozen yards and collapsed, face first, in the dust. In a panic, Naheed ran to help, cradling her mother’s head in her arms and trying to ply her with water combined with sugar and salt to help her rehydrate. Other women in the village rushed to assist, moving the woman back into the small house and onto a string cot, where they doused her body with water from a nearby pump and tried to keep her calm.

“She was fire to the touch,” Naheed recalled. “She just kept saying, ‘Don’t you worry about anything, I’ll be okay. Just make sure your father and siblings are fed.’”

But Bhatti’s condition worsened, and her husband raced to borrow a car to take her to the hospital in the city, some distance away. By the time they reached the hospital, she was already dead.

Naheed mourns the loss of her mother, who often spoke of finding Naheed a good man to marry, and used to tease her eldest daughter by saying, “You are only a guest here, you only have so much time to live in your father’s house.” In quieter moments, she would tell Naheed, “You have to find courage within yourself because life is difficult.”

Now, Naheed is left to manage the housework and care for the large family on her own.

“We just couldn’t keep her safe and alive,” she said quietly. “It’s difficult for me, but I have to take care of my brothers and sisters. I just try and cope with it.”

‘PEOPLE HAVE FORGOTTEN US’

In Bagh Yusuf, life has returned to some semblance of normalcy after the floods, but several aftershocks remain. All but about six of the families who had fled returned. The residents were able to clear the cemetery and have their annual religious festival, where they pray to their ancestors and celebrate with a mutton feast. The farmers who live in their village revved up their gaily decorated red tractors and begin planting again.

But hunger remains a problem.

Muhammad Ishaq, 42, lost his cotton crop during the flood, along with the $81 he’d invested in seed and insecticide. After the floods, the debt made farming impossible, so he began laboring as a stone crusher for about $3 a day. In April, he was able to sow his cotton crop, he said, but water is scarce.

“We hardly eat two times a day,” he said. They generally eat bread, okra or potatoes for breakfast, lentils for lunch and goat milk and bread for dinner. The younger of his five children often whimper and cry from hunger, he said.

His oldest son, Tariq, 17, has been working in construction which has allowed them to buy more food. But it also put him more at risk, because he’ll be laboring outdoors.

Pakistan — a fast-growing country of 241 million — had myriad challenges even before the floods, with a high percentage of poverty, low literacy rate, vanishing water supply, rising inflation and ongoing political turmoil after last year’s ouster of former prime minister Imran Khan, now jailed, with elections set for the coming months.

Officials in Pakistan say that the scale of the flood disaster was so epic — “biblical” in the words of Rehman — that it was beyond their ability to respond, with total damage to the economy estimated at $30 billion. They say they now need $13 billion in additional international support — on top of $16 billion already pledged — to prepare their country for future disasters.

Pakistan wants to use the additional money to expand its network of hospitals in rural areas, move residents out of flood plains and bolster its water supply. The government of Sindh is already working with the World Bank to replace lost mud brick dwellings with 350,000 homes that will have rainwater harvesting systems and latrines.

Ali Tauqeer Sheikh, a climate change specialist based in Islamabad, said the country needs to upgrade construction standards to withstand more extreme weather, shore up its reserves of emergency food and water for the next crisis and develop heat action plans for its cities and provinces. The only city with a significant plan to address a heat wave emergency is Karachi, with one he helped write after a deadly heat wave there killed more than 1,200 in 2015.

Muhammad Jaohar Khan, a health specialist with UNICEF in Islamabad, said that the floods — which submerged more than 2,000 health-care facilities — ratcheted up pressure on a system that was already burdened and failing to reach the poor in rural provinces like Sindh. Even before the floods, poor nutrition had stunted the growth of 40 percent of the children under 5 in Pakistan.

“These districts were already deprived, and had been hit several times by floods and droughts,” he said. “They went from the bad to worse category.”

Samuel S. Myers, a principal research scientist at the Harvard T.H. Chan School of Public Health, says that one of the biggest threats South Asia faces is malnutrition, as climate change harms crops. The global rate is rising again after years of declines, with more than 8oo million people at risk for malnutrition in 2022.

Children are among the most vulnerable to rising temperatures, which affect pregnant women and disrupt food production.

At the Jacobabad Institute of Medical Sciences, Kamala Bakht, a doctor in the infant nutrition center, said that the number of low birth weight babies entering the feeding program had been steadily increasing since 2018 — from about 40 to 55 a month.

She says more intense heat — which exacerbates dehydration, putting mothers at risk for miscarriages — has played a role, as well as the floods, which had a “great impact” on her patients and their ability to properly nourish themselves and their newborns.

Inside one of the feeding rooms, a woman named Pathani cradled her tiny son, Allah Dino. She had worked for three of her earlier pregnancies, she said, harvesting rice in the heat, and had miscarried each time. With this latest pregnancy, she had stayed indoors, but then came down with typhoid and delivered the baby prematurely — at eight months. When she first arrived at the feeding center, Allah Dino weighed 2.4 pounds, she said. Ten days later, his weight was 2.6 pounds.

If Pathani’s son lives to be 27 years old, at that point Pakistan will experience more than two months of highly dangerous heat each year, even in the shade.

After years of resistance by richer nations, Pakistan and other developing nations also pushed through a breakthrough “loss and damage” fund at global climate talks last year, where richer countries like the United States — which have contributed the bulk of the world’s greenhouse gas emissions — will give money to poorer nations bearing the brunt of the impacts.

In the coming months, as countries gather for the U.N. Climate Change Conference in Dubai, delegates will push wealthy nations to spell out how the loss and damage fund will work.

But Rehman says that with so many countries now facing their own climate emergencies, they will be less likely to want to help.

“Already I hear ministers saying we need to spend money in our country now,” she said. “People have forgotten us.”

Extreme weather has caused
the deaths of 2 million people
and $4.3 trillion in economic damage
over the past half a century,
a report by the United Nations finds.

Sep 4, 2023

Climate Change Stuff

We're fucked, aren't we?



This Alaskan glacier holds back billions of gallons of water. Until it doesn’t.

This summer’s flood on the Mendenhall Glacier destroyed houses and displaced residents in Juneau. It won’t be the last.


JUNEAU, Alaska — On the morning of the flood, Amy Ballard arranged her twins, Brighton and Broderick, on a hummingbird-and-butterfly blanket for their photo. The note between their smiling faces read: “We are 7 months old today.”

It had been a tough year for Ballard, an elementary school teacher and single mom. She spent months on bed rest in Anchorage, followed by weeks for her infants in intensive care. But she was back in her third-floor condo overlooking the Mendenhall River, a tranquil, glacier-fed waterway that coursed through her wooded neighborhood before flowing out to sea.

By the end of that sunny Saturday in early August, Ballard had watched the Mendenhall transform into a terrifying torrent of gray glacial silt that ripped down towering fir trees, devoured dozens of feet of riverbank and washed away neighbors’ homes. That evening, she recorded the scene from her balcony, her voice almost drowned out by the roar of the water: “This may or may not be the last video I get to take from my porch,” she said.

This torrent of meltwater — normally held back by the giant glacier looming above Juneau — known as a glacial outburst flood, dwarfed any that have occurred since the phenomenon began here a dozen years ago.

The destruction has exposed just how unpredictable these floods can be, as glaciers around the world recede amid warming temperatures. Each year, more than a half-million people visit the Mendenhall Glacier, and scientists have a detailed understanding of how meltwater builds up and then pours out of it.

And yet, the magnitude of these glacial floods doesn’t tend to follow any clear pattern, fluctuating dramatically from one year to the next, said Eran Hood, a hydrologist with the University of Alaska Southeast in Juneau who studies the glacier’s dynamics.

Since many glacial floods happen in remote areas, there are “just so few long-term records,” he said. “These things are happening all over Alaska, they’re happening all over the world.”

Glaciers have unleashed deadly floods from the Andes to the Himalayas. Sometimes a dam of sediment left by receding ice will give way, causing a single flood. Other times, as in Juneau’s case, these outbursts can be recurring, based on the complex interplay between the changing glacier and the melt in tributary basins.

Some 15 million people worldwide live under the threat of sudden flooding from glaciers, according to a study published this year in the journal Nature Communications. As the climate warms, glaciers everywhere are retreating and meltwater lakes have grown in size and number, intensifying this threat.

Federal scientists and local academics have closely tracked the state of Mendenhall Glacier, and the water level in the abutting rock depression, known as Suicide Basin, that fills with snowmelt. They map and monitor the area with drones and remote cameras, and warn residents about potential floods.

And yet, the flood on Aug. 5 far exceeded forecasts by the National Weather Service or the worst-case expectations of homeowners along the river, releasing about 40 percent more water than the last record flood seven years ago. The river was flowing at more than six times its normal rate, hydrologists here said, an event that had just a 0.2 percent chance of happening — on the order of a 500-year flood.

“This was unprecedented seeing this amount of water come out,” said Aaron Jacobs, senior service hydrologist with the National Weather Service in Juneau.

Ballard and other neighbors had not been perched on the river’s edge, but set back at least 50 feet from the bank. They were not in a designated flood zone.

As the Mendenhall Glacier and its tributaries continue to melt, scientists are facing renewed urgency to understand this looming threat above Juneau.

Does Suicide Basin hold more water than scientists realized? Has something changed inside the glacier?

“The big mystery,” Hood said, “is why was the flood so big this year?”

‘Uncharted territory’

On the morning of Aug. 4, Jacobs was flying home from Sitka, Alaska, when a colleague texted him: “Got time for a call. Looks like the basin is going.”

The U.S. Geological Survey (USGS) gauge at Mendenhall Lake — at the foot of the glacier — was showing water levels rising sharply. Jacobs had been expecting this. All summer, a jumble of icebergs and meltwater had been filling Suicide Basin. And when it eventually flushed out, as it had done more than 30 times since 2011, the water would pour into Mendenhall Lake and down the river to Juneau.

From his office, Jacobs can track the status of the basin via a remote USGS camera stationed on the hillside, next to a laser that takes height measurements every 15 minutes. The glacier normally served as a dam for that reservoir of ice melt and rainwater, but when enough of it accumulated, the tremendous pressure could lift the glacier and let water escape underneath.

This was known as going “subglacial.” When that happened, Jacobs said, the passageway within the glacier can rapidly expand, emptying billions of gallons of water downstream in a matter of hours.

There were signs that moment was approaching. In late July, two of Hood’s colleagues had taken a helicopter up to the basin. Standing on a rock face overlooking the swollen lake, they launched a drone that took more than 1,000 overlapping images that help create a three-dimensional elevation model of the basin and estimate how much water it might hold at full capacity.

About a week later, water began overtopping the ice dam and flowing down along the glacier’s flank.

When this overtopping had happened in two previous years, the water found its subglacial escape hatch about a week later. But each year the glacier is changing, and the holes made the summer before may be gone. No one knew exactly when it might burst.

On Aug. 4, with lake levels rising, the National Weather Service issued a warning predicting that Mendenhall Lake would peak the following evening around 10.7 feet — about five feet above its typical level.

Jacobs was out the next day talking to residents and observing the raging river as water levels surpassed that initial projection and then kept going beyond the 12-foot record set in July 2016. Before the night was over, it would rise three feet higher.

“We’re in uncharted territory,” he recalled thinking.

A ‘tough house’ destroyed

Steven Peterson came to the same conclusion when he watched the current sweep away a towering Sitka spruce near his deck that had stood for decades.

“It just started cutting that bank away like Swiss cheese: shoo, shoo, shoo,” he said.

Peterson, 80, had built much of his 7,500-square-foot house by himself when he retired from Alaska’s Department of Fish and Game two decades ago. In the garage was his beloved wood shop — where lately he’s been making duck decoys for Christmas presents — and above that a two-bedroom apartment where tenants lived.

Peterson evacuated at about 10 p.m., and within an hour the river had ripped away the wood shop and apartment.

A few days after the flood, Sen. Lisa Murkowski (R-Alaska) toured the damage along the river. She stopped by Peterson’s home as he and his daughter picked through the wreckage.

Peterson told her he wanted to demolish the damaged house, stabilize the bank and sell the property so someone else could build on a safer portion of the property.

“You sound like a pragmatic Alaskan,” Murkowski said. “Stuff happens and we’ve got to do something.”

“You don’t solve anything by crying,” he said.

Inside, however, the weight of what he had lost was hard to ignore. The room with his handmade bar now opened onto the rushing current. Peterson climbed a ladder into the room from below to retrieve his doctoral dissertation about long-tailed ducks in the Arctic. He took his collection of single-malt scotch, too.

A fire alarm was incessantly blaring as he packed up canned food. He surveyed the warped floors and walls riddled with cracks. At least some of it was still standing.

“Oh well,” he said. “I built a pretty damn tough house.”

He had also been fastidious about labeling his things. In the days since the flood, people have been calling from all over with his belongings. One person found a gun case; another his vacuum-packed halibut. The backpack he used for clamming washed ashore in Tee Harbor.

And someone even called from Portland Island, four miles out to sea, to report that a duck decoy with his name on it had just made landfall.

An ongoing issue

Three days after the flood, Hood flew back to the glacier to map the changes in the drained basin.

He was stunned by the view.

“When I got up there, I said, ‘Oh my god,’ it’s much lower than it has been in the past,” he recalled.

The jumble of icebergs on the surface had fallen some 500 feet. But it was still difficult to know precisely how much water the trough could hold.

When USGS hydrologic technician Jamie Pierce began monitoring the basin more than a decade ago, he bolted pressure sensors onto the rock wall that would get submerged as the water level rose — to estimate depth. But when the basin emptied during floods, plummeting ice sheared the wall.

“The icebergs would crush our stuff,” Pierce said.

The remote camera-and-laser system he built has worked better, but the depth of the ice and the internal plumbing of the glacier remain elusive.

Using models from before and after the flood, Hood and his colleagues estimated that 14 billion gallons escaped in the torrent.

The mapping also revealed that melting has extended farther into the Mendenhall Glacier than previously known. And that the rate icebergs are melting within the basin is accelerating, he said, adding more water.

The basin also drained more fully than in the past.

“The estimates for volume we had didn’t account for that because we’d never seen that before,” Hood said.

Since the Mendenhall Glacier began shrinking in the mid-1700s, it has retreated more than three miles, including some 800 feet between August 2021 and August 2022. The rate of retreat depends on various factors, but scientists say the rapid loss is due in part to human-caused global warming in recent decades.

While the severity of any given outburst flood is guided by the interplay of the glacier and the basin, “the overall mechanism for these types of events is caused from a warming environment,” Jacobs said.

At some point in coming decades, when the Mendenhall Glacier recedes past Suicide Basin, these floods will no longer be a problem, although other basins may flood from higher up on the glacier. For the time being, the problem is expected to continue each summer.

“It’s likely that we haven’t seen the biggest one yet,” Hood said.

Lives upended

If that happens, Ballard and her twins won’t be on the river to see it. Her condo, condemned after the flood, was eventually cleared for her to return. But she doesn’t plan to live there again.

“I don’t know if it would ever be safe,” she said.

On the evening of the flood, Ballard scrambled to collect clothes, medicine and baby formula as firefighters evacuated her building. She spent the night with her aunt.

Throughout, she was texting and calling her friend Elizabeth Kent, a fellow teacher on leave while she taught English in Nicaragua.

Kent’s three-bedroom home, next to the condo building, stood more than 100 feet from the river, but the flood swept all that away and demolished her home.

She now owes hundreds of thousands of dollars for a mortgage she can’t pay — with her tenants also displaced. The estimate to stabilize the bank on her property is another $120,000, and the state assistance she might qualify for would cover only about one-third, she said. Her insurance company has denied her claim and is offering nothing. She is facing bankruptcy.

The fact that her home was not in a Federal Emergency Management Agency flood zone was one of the reasons she bought it three years ago. The home was just so far from the water, she never thought it could be at risk.

Maybe this was that unlucky once-in-500-year moment, she said. Or maybe more is changing in ways that are harder to understand.

China

1980s: The Canadians are buying up all the businesses - we're doomed!

We weren't doomed

1990s: The Japanese are buying up all the commercial real estate - we're doomed!

We weren't doomed

2000s: The Arabs are buying up all the resorts and apartments and condos - we're doomed!

We weren't doomed

2010s: Foreigners are buying up all the US debt bonds - we're doomed!

We weren't doomed

2020: The Chinese are buying up all the farm land - we're doomed!

Jeezus H Fuq, what's wrong with these people?

I'm not saying, "Don't worry, be happy". There's plenty to worry about. But I will say there's always an under-taste of fuckery whenever I hear some "conservative" telling us horrible things are about to happen.



China’s economic woes may leave U.S. and others all but unscathed

The forecast for escaping economic damage could deteriorate if Beijing cheapens the currency to boost exports


Judith Marks, the chief executive of the elevator maker Otis Worldwide, returned in April from a 10-day trip to China saying “all signals look positive” for the country’s recovery from its draconian covid lockdown.

The Chinese rebound that seemed to be gaining momentum in April lost steam in May and reached midsummer in danger of petering out altogether. Suddenly, the world’s second-largest economy, for years a reliable juggernaut, was ailing. The core of the problem: a debt-ridden, overbuilt property sector that threatened to smother growth well short of the government’s 5 percent annual target.

Chinese weakness is bad news for companies such as Otis, based in Farmington, Conn. China is its most profitable market for new equipment sales, accounting last year for roughly one-third of orders. Through the first half of the year, China was the company’s only major market where orders were in decline.

But the elevators that Otis sells in China are made there. So while the property market slump means that fewer are needed, most of the pain will be felt at Otis facilities in China, not in the United States. For all its remarkable progress and prosperity, China is not an important enough customer of goods produced elsewhere for its woes to be contagious. At least for now.


“China has been less of a growth engine than is widely assumed,” said Brad Setser, a former Biden administration trade adviser. “The direct effects of its slowdown are going to be relatively modest. It doesn’t matter to the export side of the U.S. economy if China grows at zero or China grows at 5 percent.”

That could change if China’s slowdown proves worse than anticipated, unnerving global financial markets, or if the government artificially cheapens its currency in a bid to export its way out of the crisis at the expense of its trading partners.

But China’s downshifting economy is likely to clip just a few tenths of a percentage point off global growth, economists have said. One indication of the country’s modest impact can be seen in its trade in manufactured goods, such as industrial equipment, automobiles, furniture and appliances.

China’s imports of manufactured items for its own use, rather than to make products for customers in other countries, amount to just 3.5 percent of gross domestic product, according to Setser. And China’s reliance on foreign factories is about one-third lower than when Xi Jinping became the country’s leader in 2012 and accelerated a self-sufficiency drive.

“That’s unusually low,” said Setser, now a senior fellow with the Council on Foreign Relations. “China makes almost all of the manufactured goods consumed in China.”

Otis, which has plants in Tianjin and near Shanghai, has operated in China since the mid-1990s. Its elevators and escalators are used in infrastructure projects, such as the Tianjin metro, as well as in the residential and commercial developments at the heart of China’s real estate bubble.

Although the property market slowdown is pinching new equipment orders, demand for servicing of installed units remains strong, Marks told investors in July, when Otis reported higher quarterly sales and earnings.

To be sure, a prolonged downturn in China — or one that is deeper than expected — would be felt around the world. First to suffer would be major commodity producers. The Chinese economic miracle for decades has vacuumed up copper from Peru, ore from Australia, soybeans from Brazil and oil from Saudi Arabia and Russia.

Direct financial links between the United States and China have thinned in recent years, amid a trade war and rising geopolitical tensions. But a deeper Chinese slump could set off a “negative feedback loop,” with sinking stock and bond prices, rising volatility and a soaring dollar combining to sap consumer and business confidence in the United States and elsewhere.

Such a scenario, akin to the fallout from the 2015 Chinese stock market crash, could shave half a percentage point off global growth and 0.3 points off U.S. growth, according to Gregory Daco, the chief economist at EY-Parthenon.

“What matters to the U.S. and the rest of the world is if the China shock is translated into a broad-based deterioration in overall financial conditions,” he said.


China’s neighbors are already feeling a chill. But their decline in exports to China is primarily the result of American consumers buying fewer electronics than they did during the work-from-home phase of the pandemic rather than a consequence of Chinese domestic weakness.

China sits at the center of a pan-Asian electronics supply chain, assembling products with components shipped there from South Korea, Malaysia, Thailand and Taiwan.

Multinational corporations that serve the domestic Chinese market also would be hurt. The German automaker BMW depends on China for more than 29 percent of its annual revenue. More than 27 percent of Intel’s sales come from Chinese customers.

“China does matter for the global economy. Germany is a big exporter to it. It matters for commodity markets. It sets the tone for emerging Asia,” said Nathan Sheets, the global chief economist at Citigroup.

But China’s old growth model, which relied on heavy investment in public infrastructure and housing, is exhausted. After decades of frenzied growth, the country has just about all the high-speed rail lines and apartment complexes that it needs.

Chinese leaders have said they intend to pivot to an economy based on more consumer spending and service industries. But “there’s still a long way to go,” Sheets said.

The current slowdown underscores a shift in China’s global image. For years, China’s vast domestic market beckoned multinational corporations with the promise of enormous profits. And it seemed certain to surpass the United States as the world’s largest economy.

Now, the outlook is less rosy. China grew in the second quarter at an annual pace just above 3 percent, a far cry from the roughly 9 percent rate it averaged over its first three decades of economic reform. Its aging labor force is shrinking, and Xi emphasizes loyalty to the Communist Party rather than expanding the economy.

Visiting Beijing last week, Commerce Secretary Gina Raimondo said U.S. business executives have told her that China is “uninvestable” because of the government’s increasingly erratic treatment of foreign businesses.

“China is growing slower and building less. It’s not going to be uniquely central the way it used to be,” said Scott Kennedy, a senior adviser at the Center for Strategic and International Studies (CSIS).

The International Monetary Fund says China will contribute more than one-third of global growth this year. But that figure overstates China’s impact on its trading partners, some economists have said. Rather, it demonstrates the arithmetic truth that China, even with all its problems, is a large economy that will grow faster than its counterparts. That produces a large output gain, but most of the benefits stay at home.

China runs a sizable trade surplus with the rest of the world, meaning it sells to other countries much more than it buys from them. Chinese exporters dominate global markets for products such as electronics, footwear and aluminum, while consumers in China save much of their income rather than spending it on foreign goods.

As the Federal Reserve and other major central banks tried to cool inflation by raising interest rates over the past year, foreign demand for Chinese goods sagged. Through July, Chinese exports were down 5 percent from the same period in 2022. But imports fell nearly 8 percent, meaning the surplus widened.

“Countries that run a trade surplus basically subtract more from global growth than they contribute,” said George Magnus, an economist at Oxford University’s China Center. “It’s doing more for its own growth than it’s contributing.”

Exports have been a central ingredient in China’s economic strategy for decades. Government officials have repeatedly spoken of promoting domestic consumption. But in the past three years, China’s export sector has delivered more than one-fifth of the country’s annual economic growth, the largest share since the 1997 Asian financial crisis, according to the ChinaPower project at CSIS.


China began the year with hopes for a boom. In December, Xi reluctantly relaxed his strict zero-covid policy after rare public protests. Freed from lockdown, Chinese consumers were expected to drive an economic rebound.

But after a burst of spending, the recovery fizzled. Fresh government data this week showed Chinese factories, consumers and real estate developers all mired in a slump.

“They’re structurally in a deep hole that they’re going to have a lot of difficulty climbing out of,” said Andrew Collier, the managing director of Orient Capital Research in Hong Kong.

Chinese authorities have taken a number of steps to revive growth, including cutting interest rates. But they have made little headway. And with more than 21 percent of young people unemployed, the prospect of social unrest looms.

One lever Beijing has not pulled is manipulating the value of its currency.

The yuan this year has fallen 5 percent against the dollar, reflecting China’s slower growth and lower interest rates. The government could further cheapen the yuan by selling it on global markets. That would effectively discount Chinese goods, making them less expensive for customers paying with dollars and euros.

Swamping foreign markets with made-in-China products would raise export earnings and boost domestic employment. But it would be certain to worsen already fractious relations with the United States and Europe.

There’s no sign yet that the Chinese authorities plan to make such a move. But if the economic deterioration accelerates, they might.

After all, they have done so before. China kept its currency undervalued for years after joining the global trading system in 2001, prompting years of complaints from the U.S. government and American businesses.

It's A Wonderment

So, not to cast aspersions or anything, but I have to wonder -

Just how deeply closeted are some of these guys?


Sep 3, 2023

There Goes Another'n


The deal's not dead just yet, but at this point, I don't think it really matters - everybody has to be able to see what a fucking loser Trump is.

If this thing goes tits-up, I think it could be a fair indicator that all the smart-guy libertarian capitalists are cutting their losses and bailing on The Donald because they realize it's just not possible to make that clown legit.

🤞🏻



Trump’s Truth Social facing a key funding deadline

The ‘blank check’ ally of former president Donald Trump’s media start-up was once a stock-market star. It’s now days away from potential liquidation.


When former president Donald Trump’s media start-up announced in October 2021 that it planned to merge with a Miami-based company called Digital World Acquisition, the deal was an instant stock-market hit.

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With the $300 million Digital World had already raised from investors, Trump Media & Technology Group, creator of the pro-Trump social network Truth Social, pledged then that the merger would create a tech titan worth $875 million at the start and, depending on the stock’s performance, up to $1.7 billion later.

All they needed was for the merger to close — a process that Digital World, in a July 2021 preliminary prospectus, estimated would happen within 12 to 18 months.

“Everyone asks me why doesn’t someone stand up to Big Tech? Well, we will be soon!” Trump said in a Trump Media statement that month.

Now, almost two years later, the deal faces what could be a catastrophic threat. With the merger stalled for months, Digital World is fast approaching a Sept. 8 deadline for the merger to close and has scheduled a shareholder meeting for Tuesday in hopes of getting enough votes to extend the deadline another year.

If the vote fails, Digital World will be required by law to liquidate and return $300 million to its shareholders, leaving Trump’s company with nothing from the transaction.

For Digital World, it would signal the ultimate financial fall from grace for a special purpose acquisition company, or SPAC, that turned its proximity to the former president into what was once one of the stock market’s hottest trades. Its share price, which peaked in its first hours at $175, has since fallen to about $14.

Digital World’s efforts to merge with Trump Media have been troubled almost from the start, beset by allegations that it began its conversations with the former president’s company before they were permitted under SPAC rules.

Then, in the past year, its issues became more pronounced: Its chief executive was terminated by the board, a former board member was arrested on charges of insider trading, and the company agreed to pay an $18 million settlement to resolve charges that it had misled investors and given false information to the Securities and Exchange Commission.

The merger has “been pretty much unprecedented in terms of all of the glitches,” said Jay Ritter, a University of Florida finance professor who studies stock markets. “The deal does seem to be running out of time. You can’t just keep getting extensions forever.”

The Washington Post provided a detailed outline of its reporting for this article to Digital World and Trump Media.

Shannon Devine, a spokeswoman for Trump Media, which has sued The Post in an ongoing lawsuit for defamation over its past coverage of the merger, said in a statement, “Having repeatedly defamed TMTG with false accusations that it still hasn’t retracted, The Washington Post adds to its heaping pile of bias with this new collection of defamatory and self-refuting falsehoods, proving once again why it’s a terrible mistake for anyone to believe a word they read in this publication.”

The statement did not single out any specific inaccuracy in this story, but Trump Media has alleged in its lawsuit that The Post previously erroneously reported that Trump Media paid a finder’s fee for a loan it received to a company that Digital World’s previous CEO had an interest in.

The SEC declined to comment.

SPACs are known as “blank check” companies because they raise money from investors to buy a private company before identifying who they intend to target. Once the SPAC decides on and discloses its target, it works to merge with that company and bring it to the public stock market, avoiding some of the demands of a more traditional initial public offering, or IPO.

If the SPAC is unable to complete the merger within the time it specifies, it must return the money it raised to shareholders.

Digital World completed its IPO on Sept. 8, 2021, and set a “termination date” for when the merger would be completed one year later, it said in SEC filings. Then, last August, Digital World said in a filing that the board believed it did not have sufficient time to complete the merger and asked shareholders to approve up to four three-months extensions.

Digital World’s leaders then staged an intense get-out-the-vote campaign, postponing shareholder meetings six times as they worked to secure enough investor support. After drawing on millions of dollars in funding from its corporate sponsor, ARC Global Investments II, the company was ultimately able to extend its deadline to Sept. 8 of this year.

Digital World needs 65 percent of the shares held by its nearly 400,000 investors to vote “yes” on the deadline extension; unvoted shares are counted as “no” votes. If the extension fails, Digital World said in a filing in July that it would “cease all operations except for the purpose of winding up” and repay investors at a price of about $10.24 per share — far below what many shareholders paid.

Deadline-extension votes like these are almost always approved because SPAC shares usually are bought by professional or institutional investors who closely track how a deal unfolds, Ritter said.

But Digital World’s shareholder base is made up largely of small-time “retail” investors, making it harder for the company to boost shareholder participation in critical votes. Ritter said he suspects these investors, many of whom bought shares out of love for Trump or loyalty to his brand, may not be paying attention as the liquidation deadline approaches.

Trump Media has blamed the SEC for the deal’s troubles, saying in a statement last year that the agency had worked to “sabotage” the merger for political reasons with “a bureaucratic black hole of inaction.”

But the SEC, which requires SPACs to meet disclosure requirements and other closing conditions before permitting a merger, said in July that it had investigated Digital World and found it had made “material misrepresentations” to investors.

In filings dating back to its September 2021 IPO, Digital World executives said they had not participated in merger discussions with any companies when in fact they’d started speaking with Trump Media leaders months earlier, in violation of federal antifraud guidelines, the SEC said in the statement.

In agreeing to pay an $18 million settlement over its false statements if the merger closes, Digital World said it would revise its registration statement, known as a Form S-4, to correct inaccuracies. The company has yet to resubmit that revised document, SEC filings show.

In a separate filing, Digital World said it also was not ready to file two required quarterly financial reports covering the first half of this year, saying it could not complete them in time without “unreasonable effort or expense.” It has sparred with its former auditors in SEC filings and letters over who is to blame for missing information.

Digital World also is late in filing two required quarterly financial reports with the Nasdaq stock exchange, the company said, adding that Nasdaq has given the company until November to file the reports or risk being delisted.

In a flurry of notices to shareholders, the company has pushed investors to vote to stave off liquidation. “Time is Running Out. Don’t Delay,” one mailer said, in underlined font. “DO NOT THROW THIS AWAY.”


Digital World’s chief executive, Eric Swider, said in a statement to The Post that most of this article’s reporting was “inaccurate or wildly misleading” but offered only four specific responses, arguing that the idea that the deal is on the edge of catastrophe is “nowhere near the truth”; that the company does not “look for ‘hype,’” and that he disputed the existence of a quote attributed to him in a company statement as well as the meaning of one of his Truth Social posts.

Swider has in recent days posted “URGENT!!” messages on Truth Social imploring shareholders to vote. In one post, he wrote, “As the Democrats will tell you; management says vote early, vote often. Bring all of your friends with you.” Swider told The Post the quote “had nothing to do with” Digital World. The post was written three days after Digital World postponed its last shareholder meeting with an official filing that quoted Swider as saying, “Our SPAC is at a defining crossroads.”

In another company statement on Aug. 22, Swider was quoted saying, “A vote for the Extension is a vote for freedom of speech.” When told The Post intended to include the quote in this story, Swider said in an email, “I do not believe this is accurate.” Days before the shareholder vote, the statement remained online.

Trump, who would retain his 90 percent ownership of Trump Media if the deal falls apart, has yet to make mention of the shareholder vote on his own Truth Social account.

Truth Social has attracted a relatively meager following. Though Trump Media projected in a 2021 investor presentation that the site would have 41 million total users by the end of this year, usage estimates from Similarweb, a data firm that analyzes web traffic, suggest it is a long way from reaching that goal.

According to Similarweb estimates, roughly 500,000 monthly active users in the United States visited Truth Social via its Apple and Android mobile apps in July, down from 600,000 in June.


Similarweb’s estimate of how many people in the United States visited Truth Social in July from either a desktop computer or their phone’s web browser totaled just over 1 million, down nearly 20 percent since June. (There is some overlap, given that users can access the site on both their desktops and phones.) Three times as many unique visitors in July visited the websites for The Old Farmer’s Almanac and the Denver Gazette, Similarweb estimates show.

Trump Media also has yet to unveil any of the other offerings it promoted in 2021, such as a subscription video service, TMTG+, that would feature “non-woke” entertainment. In campaign financial filings, Trump has placed the company’s value at between $5 million and $25 million.

In recent weeks, Trump has used Truth Social to hammer some of the public officials connected to his four criminal indictments.

The site has missed out on some opportunities for promotion, however. When Trump sat for an interview with the former Fox News host Tucker Carlson scheduled to counter the Republican primary debate, the video aired not on Trump’s own social network but on X, formerly known as Twitter.

Trump had told his advisers he didn’t want the video to land on a Truth Social competitor, but Carlson’s team argued that Trump’s platform didn’t have the necessary reach, people familiar with the negotiations told The Washington Post.

Truth Social’s main point of distinction — its exclusivity to Trump’s online musings — could face its own threat. On Aug. 24, after surrendering at an Atlanta jail on felony charges alleging he participated in a criminal conspiracy to overturn his 2020 election loss, Trump posted his first tweet in more than two years, including his mug shot.

On Truth Social, some users expressed frustration at what they argued was a betrayal of their pro-Trump corner of the web. One user, with the handle “45MAGA2022,” posted on Truth Social the night the interview aired, “How is this Tweet remotely beneficial to” the merger deal “and/or beneficial to #Truth?”

Trump, however, said he isn’t going anywhere and that Truth Social was his “home.” In a post there Monday, he wrote, “TRUTH SOCIAL IS THE GREATEST & ‘HOTTEST’ FORM, SYSTEM, & PLATFORM OF COMMUNICATION IN AMERICA, & INDEED THE WORLD, TODAY. THAT’S WHY I USE IT — THERE IS NOTHING THAT COMES EVEN CLOSE!!!”

Sep 2, 2023