We Don’t Need No Flaming Sparky Cars

CNN;

Stellantis, the owner of Jeep and Chrysler, announced a “reset” of its business after its enormous investments in electric vehicles failed to pay off.

The company said Friday that it would take charges of more than $26 billion, the bulk of which includes write-offs and cash payments for canceled EV products and costs of resizing its EV supply chain.

The announcement sent Stellantis (STLA) shares crashing. They fell as much as 30%.

The strategy revision follows similar — and expensive — actions from Ford and General Motors in recent weeks.

Richard Nixon Got A Raw Deal

Someone broke into the New York Times over the weekend and got this published: Seven Pages of a Sealed Watergate File Sat Undiscovered. Until Now.

On July 1, 1975, under gray skies, two Watergate prosecutors arrived in the office of the White House counsel. Also present was the deputy national security adviser, U.S. Air Force Lt. Gen. Brent Scowcroft. They were gathered for a burial.

The intended object was a 297-page transcript created the previous week, when eight members of the Watergate Special Prosecution Force, joined by a stenographer and two members of a federal grand jury, among others, had interrogated Richard Nixon under oath near his home in San Clemente, Calif. Over two days, the ex-president’s grand jury testimony consumed 11 hours. Then came an interview by the prosecutors, undisclosed until now, that lasted another two.

President Gerald Ford had pardoned Nixon for all crimes he committed or may have committed in office, but the threat of perjury still hung over him. It was, by all accounts, the first time that any president had appeared before a grand jury and the only time that Nixon testified in depth about Watergate.

Since early 1973, when the scandal morphed from a caper covered chiefly by newspapers into a televised national obsession — the dawn of saturation coverage — the nation had endured a cascade of headlines, resignations, hearings, trials, reports, memoirs and archival releases. In the eyes of prosecutors, the former president figured centrally in what one termed the “organized criminal activity” of the Nixon administration: the Ellsberg break-in, the Kissinger wiretaps, Jimmy Hoffa and the Teamsters cash, Howard Hughes and the casinos, the sale of ambassadorships, I.R.S. abuses, C.I.A. assassination plots.

Near the end of Nixon’s second and final day on the stand, the examination strayed into a subject that wasn’t listed on the agenda. This prompted Nixon to admonish his interrogator, “I would strongly urge the special prosecutor: Don’t open that can of worms.” More extraordinary still, the prosecutors agreed.

The four men gathered in the White House that July recognized that the document they held was a road map to the darkest precincts of the Cold War. In a sworn setting, the nation’s only ex-president had explored, from his lonely perspective, the entwined subjects of war and peace, power and money, scandals and secrets. Proper procedure required secrecy; the officials went beyond that.

The transcript was placed under the protective seal of the grand jury and ordered withheld even from top officials at the Justice Department. In the White House counsel’s office, General Scowcroft determined that one seven-page segment, focused on the very subject that Nixon had warned about, was so incendiary that it needed to be withheld even from the rest of the grand jury.

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Jeffrey Epstein Didn’t Kill Himself

The New York Times, doing their best to get ahead of a story.

Related awkwardness.

Update — Starmer feeling heat: 10 Downing Street threatens to sack all Cabinet ministers unless they tweet out their support for UK Prime Minister Keir Starmer by the end of the day, a Scottish Labour source tells Channel 4 News.

The Part I Like Best

About drug decriminalization is the way it protects children from predatory dealers.

Keir Starmer’s Britain

Where the foxes caper unmolested, the government packs your school lunch and a convicted terrorist is standing for election in Birmingham.

Shahid Butt was found guilty of a plot to blow up the British consulate in Yemen in 1999, but said the charges were fabricated and that he was tortured into making a confession.

Both Labour and Conservative politicians raised concerns about his suitability when he announced his plan to stand as an independent candidate, in the Sparkhill ward on the Birmingham City Council.

Butt said: “If they think I’m an extremist then I can’t change that opinion – at the end of the day it comes down to the people of Sparkhill.”

Seems plausible.

Butt, who was also found guilty of plotting to blow up an Anglican church and a Swiss-owned hotel in Yemen, was one of eight Britons and two Algerians convicted in 1999.

During the trial, the prosecution said the plots were part of a campaign by militants to drive western influence out of Yemen and set up an Islamic state.

The constituency is 70% muslim.

Landslide In Japan

Another major world leader elected on the issue of migration.

Japan’s ruling party, led by Prime Minister Sanae Takaichi, is set to seal a decisive win in Sunday’s snap election, exit polls suggest.[…]

Some called the snap election a big gamble after the LDP lost its majority in both houses of parliament, and its decades-old coalition with the Komeito party had collapsed.

But Takaichi’s personal popularity appears to have helped the party, with approval ratings for her government mostly hovering above 70%.

The LDP is projected to win 274 of 465 seats in the House of Representatives, according to a poll by broadcaster NHK.

While Canada remains in our support role of cautionary tale.

Orange Man Bad

Yesterday, I had a long conversation with a fellow in Vancouver. He’s not a dummy and is very well versed with what’s going on in the world. But he also has an unhealthy TDS infection, though it’s not extreme. He went off on a few rants that I wanted to run by all of you, under the premise of “What would you have said?”

The first focused on what is happening in Minneapolis. He insisted that the violence and deaths we’ve seen are entirely Trump’s fault, due to his inflammatory rhetoric. I conceded that I don’t always like the way Trump phrases things, but added that I do prefer his direct, plain spoken approach to the mealy mouth mumbo jumbo of people like Carney. He didn’t disagree with this. I also added that I strongly believe that what we’re seeing in Minnesota is carefully orchestrated by the DNC and global elites above them, all to do with winning the midterms this November.

We segued into talking about deportations under Obama. There were many more and there were no protests. I reiterated my argument above. He insisted that it was due to Obama’s quiet soft spoken approach and that he didn’t use ICE to do it. I’ve since researched his last point and it’s absolutely false.

He then moved onto a rant about Trump’s children. He took me down the path of conceding that Joe & Hunter Biden were both corrupt. Then he pivoted and said, “So I’ve admitted that the Bidens were corrupt. Thus you must agree that Trump’s kids are stealing millions?!” I was honestly confused by this and asked him to share some examples. He told me that he’s not going to do my research for me. So I did some, here and here. There are lots of allegations, but no convictions. If there was actually something there, would not the corrupt legacy media, who clearly hates Trump, be smearing his children 24/7 ?

In summary, I generally don’t trust any politicians without question. I don’t put Trump, or any other right-of-centre politician on a pedestal. But if you’re going to state something unequivocally as a fact, you absolutely need to bring facts from credible sources along with such statements. I’m sincerely interested to learn how you handle such conversations in your life.

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