Turkey Eyes BRICS, U.S. Innovates AI Warfare, CA Court Rules on COVID ""Vaccines""

Originally published at: https://peakprosperity.com/daily-digest/turkey-eyes-brics-u-s-innovates-ai-warfare-ca-court-rules-on-covid-vaccines/

Europe is experiencing a major geopolitical shift as Turkey, a NATO member since 1952, pivots away from the European Union towards China and the BRICS alliance amid escalating tensions in Ukraine. With Western troops potentially engaging Russian forces and the U.S. authorizing Ukraine to use American missiles against Russian territory, Russia has threatened Western targets, marking the U.S. as an enemy. Turkey, strategically important to NATO due to its large military and key location, is exploring new economic partnerships after decades of stalled EU membership and perceived mistreatment. Turkish Foreign Minister Hakan Fidan’s recent visit to Beijing highlighted Turkey’s interest in aligning with China and BRICS for better economic prospects. The Kremlin and China support Turkey’s move, viewing it as strategic against Western hegemony. BRICS, which includes Brazil, Russia, India, China, and South Africa, will discuss new memberships and launch its own currency for international trade at its October meeting. Over 40 countries have shown interest in joining BRICS, with seven nations, including Pakistan and Thailand, eyeing membership in 2024. These geopolitical shifts have significant economic implications, particularly the rise of dollarization and growing interest in cryptocurrencies. Defi Technologies, a crypto asset management company, has shown significant growth and profitability, driven by its Valor Asset Management division, despite recent U.S. government restrictions on crypto transactions.

The U.S. is advancing the Replicator Initiative to revolutionize warfare with AI, cyber warfare, and advanced computing, creating drone swarms capable of hitting a thousand targets in 24 hours. This move aims to outpace China in military technology. Historically, new defense technologies, like nuclear weapons and Network Centric Warfare, have often failed to meet expectations, exemplified by the F-35 Joint Strike Fighter, with only 29% operational after 23 years. Despite this, the Deputy Secretary of Defense plans to deploy thousands of autonomous systems within 18 to 24 months. The Pentagon aims to fund both traditional and new technologies to maintain combat readiness, focusing on producing adaptable, lower-cost military systems. However, AI in warfare, as seen in Israel’s targeting capabilities, raises concerns about humanitarian impacts, and the Replicator Initiative could either waste resources and heighten tensions or integrate disastrously into the military.

In domestic politics, Sen. Mike Lee (R-Utah) and Rep. Thomas Massie (R-Ky.) have introduced legislation to abolish the Federal Reserve. The bill, titled the “Federal Reserve Board Abolition Act,” aims to dissolve the Board of Governors of the Federal Reserve System and the Federal Reserve banks, repealing the 1913 Federal Reserve Act. Both Lee and Massie argue that the Federal Reserve has overstepped its mandate and contributed to financial instability. They blame the Fed for high inflation and economic disruption, particularly criticizing its actions during the COVID-19 pandemic. The bill states that the Fed will be given a one-year period to wind down its affairs and bookkeeping should the legislation pass.

In the stock market, the recent behavior, particularly the GameStop frenzy led by investor Keith Gill (Roaring Kitty), suggests it may reflect economic conditions in an unexpected way. Traditionally, the stock market is seen as a reflection of economic fundamentals, but the GameStop episode indicates it might also mirror economic desperation. With limited job opportunities and low wages, many people are turning to the stock market as a form of gambling, hoping for a quick path to wealth. This phenomenon was highlighted when GameStop shares plummeted by over 33% during Gill’s live stream, causing the New York Stock Exchange to halt trading multiple times. This event underscores the stock market’s transformation into a casino-like environment, driven by the allure of quick riches rather than sound financial principles.

In legal news, the Ninth Circuit Court of Appeals has revived a case challenging the COVID-19 vaccination policy of the Los Angeles Unified School District (LAUSD). The plaintiffs, including the Health Freedom Defense Fund, Inc. and California Educators for Medical Freedom, argued that the policy interfered with their fundamental right to refuse medical treatment. The district court initially dismissed the case, but the Ninth Circuit found that the case was not moot despite LAUSD rescinding its vaccination policy. The court held that the district court misapplied the Supreme Court’s decision in Jacobson v. Massachusetts and remanded the case for further proceedings.

Lastly, the Arizona Republican Party has filed a significant lawsuit against Secretary of State Adrian Fontes, alleging violations of the National Voter Registration Act (NVRA) after discovering between 500,000 to 1.3 million illegal voters on the state’s voter rolls. The lawsuit claims that some counties have voter registration rates exceeding 100% of eligible voters, indicating a flawed system. The plaintiffs seek a federal court ruling to compel Secretary Fontes to comply with NVRA requirements and implement procedures to identify and remove ineligible voters from the rolls. The lawsuit aims to restore election integrity by ensuring that only eligible voters are listed, thereby preventing potential electoral fraud.


Turkey Eyes BRICS Membership: A Historic Shift Away from NATO and the EU

Turkey has been waiting on EU membership for 20 years. The harsh truth is that they’re never going to get it.

Source | Submitted by rhollenb

Replicator Initiative: The Pentagon’s New AI-Driven Drone Swarm Strategy to Counter China

Swarms of drones that can hit a thousand targets in 24 hours integrate artificial intelligence, cyber war, and advanced computing.

Source | Submitted by Barbara

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A.I. Won’t Transform War. It’ll Only Make Venture Capitalists Richer.

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Sen. Mike Lee and Rep. Thomas Massie Introduce Bill to Abolish Federal Reserve

“The Federal Reserve has overstepped and repeatedly failed to achieve its mandate and become an economic manipulator that has directly contributed to the financial instability many Americans face today,” said Sen. Lee.

Source | Submitted by thatchmo

Is the Stock Market the New American Dream? Roaring Kitty’s GameStop Circus Sparks Debate

Do we finally have evidence that the stock market is a reflection of the economy, but maybe not in the way most people think?

Source | Submitted by rhollenb

Microsoft Word’s ‘Woke’ Controversy: Much Ado About Optional Settings

Word’s Inclusive style checks are optional, off and old.

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Ninth Circuit Revives Challenge to LAUSD’s COVID-19 Vaccination Policy

The Ninth Circuit held that the case was not moot, applying the voluntary cessation exception to mootness.

Source | Submitted by Shplad

Illegal Immigrants Rally in NYC: Prelude to a Political Power Play?

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Source | Submitted by bcoop

Arizona GOP Sues Secretary of State Over Alleged 1.3 Million Illegal Voters

The Arizona Republican Party filed a lawsuit against the corrupt Secretary of State Adrian Fontes after discovering from 500,000 to 1.3 million ILLEGAL VOTERS on the state’s voter rolls.

Source | Submitted by bcoop

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The country “Turkey” is now officially spelled “Türkiye”.

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