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Dr. Ron Paul on X:

"Elon Musk asked me to advise the new Dept. of Government Efficiency. I’d love to help bring sanity back!

However, I still think Americans need to shield their retirement funds ASAP from this much bigger threat (from our sponsors):"

📎 Ron Paul

https://freekit.birchgold.com/lf/ron-paul-elon-musk

⚡️Matt Gaetz 🧵: What Actually Happened

Alright frens, now that Matt Gaetz is out of the running you’re going to hear a lot of takes on what happened and plenty of “keep your d*ck in your pants” lines too.

And while that’s always good advice, the story I’m about to share goes way beyond anything you could possibly imagine. So if you’re interested in the whole story, consolidated in one place, of what really happened with and to Gaetz, take a seat and let me tell you a story

https://fxtwitter.com/Villgecrazylady/status/1859748387291107797

Trump's transition team turns to Project 2025 after disavowing it during the campaign

Transition officials have used Project 2025's extensive personnel database to identify potential hires for the incoming administration, a person familiar with the plans said.

President-elect Donald Trump and his allies disavowed the conservative Project 2025 during the election, seeing the conservative transition plan and policy blueprint as a liability after Democrats used it to attack his campaign. But with the campaign over, Trump’s transition team is turning to Project 2025 to help staff the next administration.

Already, transition officials are taking suggestions for potential hires from the extensive personnel database created by Project 2025, a person familiar with the situation told NBC News.

While Project 2025’s massive book of conservative policy recommendations received most of the attention from Democrats, a central part of the effort was putting together a database that officials had framed as a conservative LinkedIn to help staff an incoming Republican administration.

Individuals helping to fill out the personnel teams for the Trump transition operation have sought and used information from the Project 2025 database because of the enormity of the task of filling out the more than 4,000 political appointee jobs that will become vacant in 2025, this person said.

https://www.nbcnews.com/news/amp/rcna180689

🇸🇪🇪🇺🔋 Northvolt has led a wave of European startups investing tens of billions of dollars in battery production to serve the continent's automakers as they switch from internal-combustion engines to EVs.

But EV demand is growing at a slower pace than some in the industry had projected, and competition remains stiff from China, which controls 85% of global battery-cell production.

Northvolt said the $100 million in a new loan is part of $245 million in financing support for the bankruptcy. Swedish truck maker Scania, a shareholder and its biggest customer, said on Thursday that it was loaning $100 million to Northvolt to support the manufacturing of electric vehicle battery cells in Skellefteå, northern Sweden.

"This decisive step will allow Northvolt to continue its mission to establish a homegrown, European industrial base for battery production," Tom Johnstone, interim chairman of Northvolt's board, said in a statement, noting the support Northvolt has received from existing lenders and customers.

As part of the restructuring, Northvolt will evaluate proposals for new money investment from strategic and financial investors, as well as existing lenders, shareholders and customers, he said.

Volkswagen, Northvolt's top shareholder with a 21% stake, said it had taken note of the filing and was in close contact with the Swedish firm. It declined to comment on potential repercussions on its own business.

Despite Northvolt's attempts at creating an industry of battery manufacturing in Europe without relying on Chinese-made components, the company failed and signed a partnership with the Chinese firm Wuxi Lead, and thus, Northvolt began building "European" batteries which were actually made in China.

Then problems soon arose as the machinery which was using Northvolt's batteries were breaking down far too easily leading some suspect industrial sabotage from China. Because the batteries were now unreliable, demand fell, and it started Northvolt's financial troubles which culminated today with bankruptcy.

Meanwhile, the company resorted to bringing 500 workers from China to Sweden to remedy its operations, but it was too little too late. With Northvolt's collapse, so do the dreams of the EU of becoming independent from Chinese EVs.

🔗 https://www.reuters.com/technology/northvolt-files-chapter-11-bankruptcy-us-2024-11-21/

🇸🇪🇪🇺🔋 Northvolt CEO steps down after bankruptcy filing

The chief executive of Northvolt, Peter Carlsson, has quit just 24 hours after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the United States, in a major blow to Europe’s electrification ambitions.

The bankruptcy filing follows months of financial strain on Northvolt, until recently the poster child of Europe’s efforts to build an EV battery industry.

Carlsson admitted the firm had only enough cash to sustain operations for one more week. He also said that while the Stockholm-based company secured a $100 million financing package to support it through the bankruptcy process, it would need between $1 billion and $1.2 billion to stabilize its finances.

Northvolt was once heralded as a cornerstone of Europe’s push to rival Tesla and Chinese EV manufacturers in the burgeoning battery industry. The company produced lithium-ion, sodium-ion, and lithium-metal battery cells and secured significant contracts with major automakers, including Volkswagen.

The battery maker’s fortunes began to falter amid a decline in global demand for EVs earlier this year. Northvolt scrambled to implement cost-cutting measures, attract fresh investments, and apply for government grants, but these efforts fell short.

🔗 https://www.mining.com/northvolt-ceo-steps-down-after-bankruptcy-filing/

In 2002 the US signed the Hague Invasion Act into law, which states that if any US, NATO or Israeli official is charged with war crimes, arrested and brought to the International Criminal Court, the US will invade and destroy the city and court

🧵https://fxtwitter.com/zei_squirrel/status/1859746931284836857

Philip Pilkington examines how “political warfare” was developed to fight the Cold War, but soon became used domestically against the bonds of the American Republic itself.

https://www.postliberalorder.com/p/a-republic-to-keep-an-empire-to-lose