Friday, March 5, 2021

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      You can’t buy some of Dr. Seuss’s books on eBay, but you can buy...

        (thepostmillennial)It was reported on Thursday that eBay began to remove listings for now controversial books by celebrated children's author Dr. Seuss. However, the online retail giant has...

      BREAKING: Cuomo administration revealed to have doctored report proving nursing home deaths

        (thepostmillennial)A bombshell report has revealed that New York Democrat Governor Andrew Cuomo’s top advisers lobbied state health officials to strip a public report which showed that more...

      eBay Halts Sales Of “Offensive” Dr Seuss Books, Allows Mein Kampf

      eBay Halts Sales Of "Offensive" Dr Seuss Books, Allows Mein Kampf

      While Dr.Seuss is now demoted to "offensive material", eBay, in all its virtue-signaling wisdom, appears to have no problem with Mein Kampf...

      You really can't make this shit up!

      As Summit News' Paul Joseph Watson noted earlier, Digital Fahrenheit 451 now a reality. The purge of Dr. Seuss books continues after it was revealed that eBay has banned sales of the books, labeling them “offensive material.”

      Adam Townsend posted a screenshot from an eBay listing showing that sales of the books have been suspended because they violate the company’s “Offensive Materials” policy.

      “Listings that promote or glorify hatred, violence, or discrimination aren’t allowed,” the message said, adding, “As a courtesy, we have ended your item and refunded your selling fees, and as long as you do not relist the item, there will be no negative impact to your account.”

      The controversy surrounding the books began last week when a far-left group called Learning for Justice claimed that the books, which were written by progressive liberal author Theodor Seuss Geisel, contained “orientalism, anti-blackness, and white supremacy,” according to a study.

      The study asserted, “Of the 2,240 (identified) human characters, there are 45 of color representing two percent of the total number of human characters. Of the 45 characters of color, 43 “exhibited behaviors and appearances that align with harmful and stereotypical Orientalist tropes.”

      This prompted Dr. Seuss Enterprises to announce it would cease publishing six of the author’s books because they “portray people in ways that are hurtful and wrong.”

      Despite this, sales for one of the books on Amazon surged by a staggering 5.7 million percent, meaning the company was basically rewarded for caving in to the woke mob.

      “If outdated political ideas are now banned, the list of books eBay refuses to list will be miles long,” writes Cassandra Fairbanks.

      Meanwhile, Fahrenheit 451 moves closer to being a reality with each passing day.

      *  *  *

      In the age of mass Silicon Valley censorship It is crucial that we stay in touch. I need you to sign up for my free newsletter here. Support my sponsor – Turbo Force – a supercharged boost of clean energy without the comedown. Also, I urgently need your financial support here.

      Tyler Durden Thu, 03/04/2021 - 13:50

      JUST IN: California Students Just SUED Governor Newsom

      (thepostmillennial)California student-athletes filed a lawsuit against Democrat Governor Gavin Newsom on Monday, fighting against the Governor's indoor sports ban due to the coronavirus pandemic. The lawsuit argued that...

      BREAKING: National Guard Troops in DC Become Hospitalized

      (thepostmillennial)National Guard troops that were activated across the country for the inauguration of President Joe Biden in response to the Jan 6 riot at the US Capitol,...

      Oil Tumbles Back Below $60 On OPEC+ Production Headlines

      Oil Tumbles Back Below $60 On OPEC+ Production Headlines

      Update (1430ET): WTI tumbled back below $60 after Bloomberg headlines from the OPEC+ pre-meetings suggested the cartel is poised to agree a production increase this week as it seeks to cool a rapid rally in crude prices.

      As Bloomberg reports, there’s a widespread view within the group that the market can absorb additional barrels, according to people familiar with the deliberations. While the usual differences are present -- with Saudi Arabia cautious and Russia keen to open the taps -- all sides are ready to increase production, they said, asking not to be named because the information was private.

      “Both the global economic outlook and oil market prospects show signs of continued improvement,” OPEC Secretary-General Mohammad Barkindo said at the opening of a meeting of the group’s technical experts on Tuesday.

      “The headwinds of uncertainty that shocked and disrupted the market last year continue to abate.”

      That could put the group on track to implement the majority of the 1.5 million barrel-a-day output increase that’s up for debate on Thursday.

      WTI tumbled, bounced, then extended losses on the headlines...

      All of which is notable as CTAs are "all in" long oil ahead of this.

      *  *  *

      Oil prices are rebounding this morning on the back of a reported plunge in OPEC+ production in February, after tumbling yesterday on virus-variant fears and OPEC+ production plan anxiety.

      As OilPrice.com's Irina Slav reports, Saudi Arabia’s unilateral additional cut in oil production sent the total OPEC output down by 870,000 barrels per day (bpd) in February, the first monthly drop in the cartel’s production since June last year, the monthly Reuters poll showed on Monday.

      The total crude oil production from all 13 OPEC members stood at 24.89 million bpd last month, with Saudi Arabia achieving around 850,000 bpd of its pledged 1-million-bpd cut beyond its OPEC+ quota, according to the Reuters survey of OPEC sources, sources at oil firms, and tanker-tracking data. 

      In January 2021, according to OPEC’s secondary sources, the cartel’s oil production averaged 25.50 million bpd, up by 180,000 bpd from December, with output rising in top producer Saudi Arabia, as well as in Venezuela and Iran, which are exempt from the OPEC+ cuts.

      In February, however, the first of two months in which Saudi Arabia is cutting an additional 1 million bpd, total production declined thanks to this cut, and to lower exports from Angola and Libya, the Reuters survey found. Iran, which like Libya is exempt from the cuts, saw its supply also drop in February.

      In Libya, oil loadings at export terminals were disrupted last month, after members of the Petroleum Facilities Guard stopped vessels from loading crude amid a strike over delayed salary payments.

      Nigeria, Africa’s top oil producer and an OPEC member that has struggled with compliance with the cuts, saw its production rise by 100,000 bpd after

      ExxonMobil lifted a more than a month-long force majeure on the Qua Iboe crude oil export terminal at the end of January. 

      OPEC and its non-OPEC allies led by Russia are meeting later this week to decide how to proceed with the collective production cuts from April onwards. Given the recent rally in oil prices, analysts expect the group to lift production in some form and the Saudis to reverse their unilateral 1-million-bpd cut.

      As Newsquawk noptes, it is expected that some of the more hawkish producers, namely Russia, will exert pressure on the group to ease its output curbs, with recent commentary from Russia Deputy PM Novak suggesting that the market is balanced. Sources last week said members will mull raising output by as much as 500k BPD, effective April. Saudi Arabia will have to avoid a rift widening as the Kingdom itself is to unwind its volunatry additional supply curbs of 1mln BPD of oil, which it implemented over February and March as a goodwill gesture against the backdrop of lockdown re-impositions. As unanimity is needed for any accord, the Saudis may as a precautionary measure opt to either take a more gradual approach in the 1mln BPD reintroduction, or delay it until until some of the near-term fragilities within the oil complex have passed.

      PRIOR MEETING

      The February JMMC offered no surprises given that the February and March production quotas were set in January. To recap that more pertinent meeting, Russia and Kazakhstan were permitted to raise output by a modest 75k BPD (65k BPD for Russia), which some suggested was a small technical adjustment rather than a signal of any rift/divergence within the group. Saudi, meanwhile, surprised markets with a unilateral 1mln BPD cut through February and March at a time when COVID variants seemed a greater threat.

      OPEC+ UNITY

      Brokerage PVM highlights that a number of questions remain unanswered about OPEC policy, and this makes it difficult to predict the outcome of the meetings; however, it agrees that the show of unity between Saudi and Russia will likely be the most important factor. Saudi Arabia has previously warned against complacency, but Russia sees the continued rebalancing of oil markets as a signal to roll-back output constraints. Recent reports also highlighted diverging views among members against the backdrop of higher prices; a few have voiced support for higher production, whilst some proposed no more relaxations until June. Further, news reports citing advisers have stated that OPEC is likely to maintain production curbs in April, and the Saudis are planning to bring back its voluntary cuts, albeit plans can change.

      FACTORS AT PLAY

      PRICES: On the demand-side, the ramp-up in vaccinations across major economies alongside the barrage of fiscal and monetary stimulus have provided oil prices with underlying support. Meanwhile, the supply-side sees an extra 1mln BPD of Saudi oil out of the market, while a chunk of US operations were temporarily taken offline by the deep freeze in Texas. The terms structure has also seen steeping backwardation – making oil more attractive for investors via roll yields. Brent prices are almost back to pre-pandemic highs of ~USD 71/bbl, with Brent recently hitting levels just shy of USD 68/bbl. One OPEC source suggested prices are “definitely high” and more oil is needed to cool the markets – adding that a 500k BPD increase looks to be a good option.

      DEMAND: The latest OPEC Oil Market Report downgraded its 2021 world oil demand growth forecast by 100k BPD from prior report, with demand now set to rise by around 5.80mln BPD Y/Y. OPEC noted that lockdowns contributed to the downward revisions in H1 projections and the revisions are concentrated in the OECD region. That being said, healthy demand is expected in H2 2021. “The momentum is then expected to be supported by pent-up demand, especially in the contact-intensive services sectors like tourism and travel, leisure and hospitality. The seasonal aspect of warm weather in the Northern Hemisphere and the summer travel season will add more support... further upside to the current global economic growth forecast may materialise.”, OPEC said. Resilient variants and further lockdowns of course remain a tail risk for demand – but ministers are likely to emphasise proactiveness and flexibility to soothe these fears.

      COMPLIANCE: Compliance has remained an issue among members – with Russia also among the recent straddlers. However, OPEC+ compliance in January stood at 103%, above December’s 101%, according to three sources cited by Argus. These figures will be reviewed by the JMMC and details are likely to be released by journalists. Eyes are also on Iraq as the country boosted its exports by 4.4% in the first two weeks of February, according reports citing Bloomberg data. The report suggests that if Iraq keeps up this pace of export growth, also considering domestic, it could top the production ceiling of 3.6mln BPD.

      IRANIAN/LIBYAN SUPPLY: Libya and Iran are currently exempt from the production quotas, due to volatile domestic supply for the former and US sanctions for the latter. These are unlikely to take much credence at this month’s decision. Libya’s situation remains uncertain as oil loadings at a Libyan export terminal were again recently disrupted as production was restored to its pre-blockade level of 1.25mln BPD. Meanwhile, the US has signalled that it will not remove Iranian sanctions to bring Tehran to the negotiating table over the nuclear deal, but an interim deal was touted in order to restore and build confidence. That being said, tensions remain heated as President Biden warned Iran that the recent US airstrike against Iranian-backed militias shows that Iran can expect consequences.

      US SHALE THREAT: The loss of market share to the US has been an ongoing concern among OPEC+ members, with some also highlighting the resiliency of the US energy industry in the face of the Texas freeze. However, Pioneer Natural Resources suggested OPEC+ no longer needs to worry about this loss of market share due to strong demand for crude, alongside low growth rates from Shale.

      Morgan Stanley sees Brent rising to USD 70/bbl in Q3 amid improving demand. The bank argues that “new COVID-19 cases are falling fast globally, mobility statistics are bottoming out and are starting to improve, and in nonOECD countries, refineries are already running as hard as before COVID-19.”

      Tyler Durden Tue, 03/02/2021 - 14:30

      BREAKING: Multiple People ARRESTED or Voter Fraud

      4 Arrested In Texas On 150 Counts Of Voter Fraud

      Authored by Isabel von Brugen via The Epoch Times,

      Four people were arrested in Texas last month on 150 counts of voter fraud dating back to the 2018 Medina County Primary Election, according to reports.

      The Texas attorney general’s Election Fraud Unit on Feb. 11 arrested Medina County Justice of the Peace Tomas Ramirez, and earlier detained Leonor Rivas Garza, Eva Ann Martinez and Mary Balderrama on election fraud allegations, News4SA reported.

      According to a release from Texas Attorney General Ken Paxton’s office, the case involved allegations of vote harvesting at assisted living centers in Medina County in the 2018 Medina County Primary Election.

      Ramirez faces one count of organized election fraud, one count of assisting voter voting ballot by mail, and 17 counts of unlawful possession of a ballot or ballot envelope, according to the news outlet.

      Balderrama is charged with one count of organized election fraud, nine counts of illegal voting, two counts of unlawful possession of ballot or ballot envelope, one count of mail ballot application, two counts of unlawfully assisting voter voting by mail, two counts of tampering with government record, and eight counts of election fraud.

      Garza faces a single count of organized election fraud, two counts of illegal voting, eight counts of unlawful possession of a ballot or ballot envelope, two counts of election fraud and four counts of fraudulent use of an absentee ballot by mail.

      Martinez is charged with a single count of organized election fraud, nine counts of illegal voting, 28 counts of unlawful possession of ballot or ballot envelope, three counts of purportedly acting as an agent, five counts of tampering with government record, 14 counts of election fraud, and four counts of fraudulent mail ballot application, according to News4SA.

      The Texas attorney general’s office didn’t immediately respond to a request for comment by The Epoch Times.

      In a separate incident, Raquel Rodriguez, a Texas woman who bragged about being able to deliver thousands of votes for tens of thousands in cash was arrested in January on charges including election fraud and illegal voting.

      Rodriguez was filmed during an undercover project by Project Veritas, an investigative journalism nonprofit. She was recorded in footage released last year that she could deliver “at least 5,000” votes “county-wide” for $55,000 in cash and that it would hire her “entire team.” She acknowledged what she was discussing could land her prison time.

      Based on the footage, Paxton, a Republican, opened an investigation. That probe led to the arrest, Paxton announced on Jan. 13.

      Rodriguez faces a prison sentence of up to 20 years if convicted.

      Tyler Durden Mon, 03/01/2021 - 14:40

      WATCH: Chris Cuomo claims covering his brother’s sexual harassment scandal for CNN would be...

        (thepostmillennial)CNN's Chris Cuomo finally addressed "what is going on" with his older brother, New York Democrat Governor Andrew Cuomo and the growing sexual harassment scandal, but claimed...

      Biden removes Dr. Seuss from ‘Read Across America’ day following progressive pressure to cancel...

      (thepostmillennial)The Biden administration appears to have erased Dr. Seuss from "Read Across America Day," an annual celebration of reading established on March 2 in 1998, in honor...