Clandestine Campaign To Defund ZeroHedge, The Federalist & Breitbart Traced To Kier Starmer Operation Clandestine Campaign To Defund ZeroHedge, The Federalist & Breitbart Traced To Kier Starmer Operation Very early into the COVID-19 pandemic, ZeroHedge suggested that a little-known Chinese lab in Wuhan might know something about the novel coronavirus sweeping the globe. As a result, and as you know, we were subject to an intense demonetization / deplatforming campaign that included getting kicked off of Twitter, PayPal, Facebook and other platforms, dropped by our advertisers, and targeted by MSM hit pieces which colluded with foreign 'watchdogs' to inflict maximum damage.  These same groups also targeted outlets including The Federalist and Breitbart over various reporting, which suffered similar fates.  Now, thanks to a by investigative journalist Paul Holden that builds on reporting by Matt Taibbi, Paul Thacker and others, we learn that the origin of these campaigns, launched years before the pandemic, was none other than UK Prime Minister Kier Starmer's political machine, which began targeting left-wing outlets speaking critically of Starmer such as The Canary, and then went after conservative outlets in America - just in time for the 2020 US election. image Documents and internal accounts, many drawn from newly disclosed materials, reveal a coordinated project that operated behind a veil of anonymity, misdirection, and unreported political financing. This murky operation known as the Stop Funding Fake News (SFFN) was launched and resourced through a think tank, Labour Together, that would later be fined for failing to declare £739,000 in donations between 2018 and 2020. Said funds helped underpin this clandestine anti-media strategy which affected news outlets from the UK to the United States. At the center of the effort was Morgan McSweeney, a political strategist who has since become Starmer’s chief of staff and, according to public commentary by prominent journalists, one of the most powerful unelected figures in the modern Labour Party. image The newly disclosed materials reveal that SFFN was not in fact some grassroots, anonymous activist collective it claimed to be, but a political weapon forged by senior Labour figures and funded by millionaire donors, including individuals active in pro-Israel political advocacy. The goal: destabilize independent media ecosystems aligned with Labour’s left under Jeremy Corbyn, elevate Starmer’s leadership bid, and delegitimize outlets - domestic and foreign - that threatened the faction’s consolidation of power. Publicly, SFFN claimed to be run by anonymous activists. Privately, it was shaped by McSweeney and operated from the same small office suite in South London that housed Labour Together. SFFN ultimately migrated under the umbrella of the Center for Countering Digital Hate (CCDH), an organization that grew out of a corporate shell once controlled solely by McSweeney.  image CCDH would later present SFFN as one of its signature initiatives. Three Fronts of a Political Offensive The documents reported by Holden reveal a three-part strategy that reshaped the British political landscape - and reverberated into U.S. media and politics. In a nutshell, this is how the sausage was made: 1. Destabilizing Jeremy Corbyn’s Leadership SFFN’s narrative interventions were designed to amplify an “antisemitism crisis” that dogged Corbyn, boosting controversies and legitimizing a media ecosystem hostile to Labour’s left. This influence work aligned directly with the political interests of the centrist faction preparing for a post-Corbyn future. 2. Engineering Starmer’s Rise Labour Together later claimed credit for helping deliver Starmer’s 2020 leadership victory, with McSweeney acting as his campaign chief. After Starmer won the July 2024 general election, McSweeney formally became chief of staff, solidifying the faction’s institutional dominance. 3. Silencing Dissenting Media SFFN’s most aggressive project was an astroturf campaign against media outlets perceived as ideological threats. Targets spanned both the left (such as The Canary and Evolve Politics) and the right, as noted above.  In each case, the tactic was the same: identify advertisers appearing on targeted sites, publicly shame them through social media threads, and provide tools - including downloadable blocklists - to automatically exclude those outlets from programmatic advertising networks. The effort succeeded in devastating the business model of some targets; others survived but saw sustained pressure. We took matters into our own hands, launching our   in order to keep the lights on (thank you).  The Breitbart Offensive Holden reports that SFFN then set their sights on Breitbart in October 2019 - after an anonymous X account tagged the UK Parliament and likened its ads on Breitbart to funding extremism. SFFN ran hard with this - promoting the allegation and labeling Breitbart a "bigoted, conspiracist fake news site." Later that day, the Press Association contacted Parliament for comment. Within hours, Parliament suspended the ads. To further legitimize the operation, anti-Corbyn MP Mary Creagh publicly leaned on the Conservative leadership to formalize the ban, citing a list of SFFN-identified sites. Two weeks later, SFFN announced another victory: the UK Cabinet Office had implemented a “whitelist” that barred Breitbart, The Canary, and a long roster of other outlets from receiving government advertising. On the 18th of October 2019, SFFN posted that they had contacted an unnamed journalist about how the UK’s Cabinet Office was advertising on its target websites. The journalist found out that the Cabinet Office “now implemented a ‘whitelist’ meaning the government now only advertises on pre-approved websites. The Canary, Evolve, Rebel, Politicalite, Breitbart etc no longer receive government advertising.” The post ended with three handclap emojis. “Good to see government use its authority to set an example against these dishonest & hateful websites.” - The campaign extended into the private sector. In 2020, Ford UK publicly stated it was investigating ad placements on Breitbart. By 2021, SFFN was targeting Breitbart’s YouTube monetization and urging advertisers to block the site across Google’s ad infrastructure. The group’s blocklist eventually included 28 domestic and international sites, among them U.S. outlets aligned with the alt-right and the British far-right figure Tommy Robinson. Weaponizing the Image of Grassroots Activism Throughout 2019, SFFN steadfastly refused to disclose who ran the operation, claiming its activists faced undefined risks. Interviews and profiles repeated the fiction that it was just a small band of concerned citizens. Yet from its inception, SFFN was powered by political professionals. It was launched only after McSweeney and CCDH’s Imran Ahmed recruited television personality Rachel Riley to front the campaign. Labour Together’s funds and office space supported its rollout. The project was effectively shielded from legal accountability by its anonymity, even as it issued sweeping defamatory accusations against its targets. McSweeney and Ahmed asked if Riley would front a campaign to tackle The Canary. She agreed “with alacrity,” according to an account by two Sunday Times journalists. Her celebrity endorsement lifted SFFN out of obscurity and powered its success. She would later become a patron of CCDH and now lists herself on X as an “ambassador” of the organization. - One of SFFN’s earliest and most consequential victims was The Canary. Though independently regulated and later cleared of allegations of racism or incitement, the outlet lost crucial advertising revenue and shed staff. Former employees described a chilling effect across the left media ecosystem as prominent commentators distanced themselves from a now-toxic brand. The attack’s success was openly celebrated within liberal circles; commentators hailed SFFN for restoring “objective reality in politics,” even as its covert origins remained concealed. CCDH, Twitter Files, and the Attempt to Rewrite History The political sensitivity surrounding SFFN resurfaced in 2024, when leaked emails from CCDH showed repeated internal discussions about targeting Elon Musk’s Twitter. Amid the backlash, CCDH sources insisted McSweeney had played no operational role in the organization - a claim contradicted by company records showing he was the sole director of its precursor entity for more than a year and remained formally involved until April 2020. In 2024, Matt Taibbi and Paul Thacker reported on emails leaked from within CCDH. They showed that, for over a year, CCDH’s internal team meetings included the action item: ‘ CCDH’s later retellings cast SFFN as an example of its “global” anti-hate strategies. One of its leaders described the financial approach explicitly: if news sites rely on advertising, “within a couple of months, you can completely eviscerate the economic base of a website.” SFFN had been the proving ground. In 2023, Paul Thacker wrote in https://www.tabletmag.com/sections/news/articles/censorship-center-guise-combating-hate-covid-elon-musk : In March of 2021 a nonprofit group called the Center for Countering Digital Hate (CCDH) released a report about online misinformation. Founded in the U.K. by a former Labour Party political figure named Imran Ahmed, the CCDH was virtually unknown at the time in the U.S., but that was about to change. The report quickly reached the hands of executives at Twitter. “COVID-19 misinfo enforcement team is planning on taking action on a handful of accounts surfaced by the CCDH report,” on March 31. One account they eventually took action against belonged to Robert F. Kennedy Jr., who was then running against Joe Biden for the Democratic Party’s nomination for president. A few months later, the same report was being cited by the Biden administration. At a press briefing in July 2021, White House Press Secretary Jen Psaki quoted from the CCDH report in a briefing where she accused Facebook of undermining federal vaccine policies. “There’s about 12 people who are producing 65% of anti-vaccine misinformation on social media platforms,” Psaki claimed, citing the CCDH’s work, while warning social media companies to shut down these “misinformation” accounts. “They’re killing people,” President Biden told a reporter a short time later, leveling the charge of murder against Facebook for its alleged role in providing a platform for “vaccine misinformation.” Facebook’s Vice President Monika Bickert for being free of evidence—failing to define the term “anti-vaxx,” for example—and neglecting to explain how they came up with their numbers and conclusions. But it had little effect. By then the report had popularized the idea of a “disinformation dozen,” a narrative that hardened as it was promoted by countless news outlets, fact checkers, and social media accounts devoted to round-the-clock attacks on “disinformation.” More recently, the CCDH has popped up again, leading the battle against Twitter’s new owner, Elon Musk, who has been cast as a champion of racists and antisemites. “The CCDH has been at the forefront of reporting on the hate proliferating on X/Twitter since Musk completed his takeover in late October 2022,” from House Democrats that reiterates Ahmed’s claims, and cites him and CCDH. Meanwhile, last month it was reported that the Trump White House plans to deport Imran Ahmed - who Thacker says  Drop Site News, even though Ryan Grimm (formerly of HuffPost and The Intercept) is a massive dick who hates us for some reason. 💥NEW: How PM Keir Starmer’s Machine Quietly Moved to Cripple Breitbart, The Federalist, ZeroHedge, and Left Independent Outlets On Breaking Points, Ryan introduces Drop Site’s latest investigation, adapted from Paul Holden’s book, exposing how Keir Starmer and his chief of… — Drop Site (@DropSiteNews) Thu, 12/04/2025 - 13:25
Police 'Will Not Cooperate With ICE Agents': Minneapolis Mayor Police 'Will Not Cooperate With ICE Agents': Minneapolis Mayor As Minnesota anticipates more U.S. Immigration and Customs Enforcement (ICE) action in Minnesota—a state where many Somali immigrants are accused of defrauding welfare programs—Minneapolis Mayor Jacob Frey said the city’s law enforcement will not work with federal agents. “Our police officers are not ICE agents; they will not cooperate with ICE agents,” Frey said at a Dec. 2 . ICE has been conducting large-scale immigration enforcement operations in a number of cities, sometimes drawing opposition from protesters and from Democratic leaders. image   At the news conference, Minneapolis Police Chief Brian O‘Hara and St. Paul Mayor Melvin Carter III emphasized support for law-abiding Somalis and other immigrants who hold jobs and run businesses. People who are fearful of ICE action should inform themselves about their rights, the officials said. O’Hara also said that his officers “absolutely have a duty to intervene” if people’s rights are being violated.   O‘Hara said his officers “do work with federal law enforcement literally every day around violent crime, around people smuggling fentanyl into the country, gang violence, those types of things.” However, O’Hara said, “Federal law enforcement is aware that we absolutely will have nothing to do with anything related to immigration enforcement.” That has been true for years in the Twin Cities, which are among more than a half-dozen so-called sanctuary cities that the Justice Department has .  over policies that shield illegal immigrants. The pending lawsuit, coupled with the new public remarks from the Twin Cities’ leaders, reflects increasing tensions between Minnesota and the federal government. After recent publicity over massive Minnesota welfare-fraud schemes that mostly involve suspects of Somali origin, President Donald Trump announced plans to end “temporary protected status” for Somalis in the North Star State. Minnesota Democrats, including Rep. Ilhan Omar (D-Minn.), Gov. Tim Walz, and Attorney General Keith Ellison, have criticized the president’s actions. At Trump’s direction, Homeland Security Secretary Kristi Noem said she investigated immigration programs in Minnesota; she reported finding that “50 percent of visa applications” and other immigration-related programs were fraudulent. Noem, speaking during the president’s Dec. 2 did not specify which immigrant groups were allegedly submitting false immigration applications. During , calling it a first-of-its-kind operation to detect and deter immigration fraud. Mayors Defending Somalis Amid Fraud Cases The two mayors, Frey and Carter, said that the entire Somali community is being unfairly targeted and wrongfully vilified over the actions of a few. Since 2022, charges have been brought against 78 people, and dozens have been convicted or await trial in the Minnesota-based Feeding Our Future scandal, which involved a nonprofit and its affiliates falsely claiming they provided meals to needy children. A pair of other welfare-fraud scandals emerging from the region are still developing. Altogether, the fraudulent claims amount to billions of dollars, authorities have said. The fraud was allegedly committed mostly by Somalis who sent much of the stolen money back to their homeland. The Treasury Department is investigating claims that Somalia-based terrorist group al-Shabaab took a percentage of those financial transfers. Frey and Carter emphasized that most of the estimated 80,000 Somalis living in Minnesota are U.S. citizens. Seventy-eight percent of them live in the Twin Cities, according to  , making Minneapolis home to America’s largest Somali community. Frey said he is proud of that fact. On Dec. 3, the day after the Minnesota news conference, a reporter asked Trump to react to Frey’s expression of pride in the Somali community. The president criticized Frey’s comments, adding that Somalis “have taken billions of dollars out of our country” and hail from a crime-ridden nation. Trump has also stated that Somalis who complain about America are unwanted. The Epoch Times sought a comment from Frey, who did not immediately respond. Frey criticized Trump’s stance at the news conference. “He’s wrong, and we want them here,” Frey said. “Somali people have been an extraordinary benefit ... They have started businesses and created jobs. They have added to the cultural fabric of what Minneapolis is. They were welcoming to me when I first came out to Minneapolis.” ‘Zero Tolerance’ for Impeding ICE Both mayors expressed concern that ICE will make mistakes and snare lawful Somali American citizens once the illegal-immigrant dragnet hits the Twin Cities. In response to the comments from the Twin Cities’ officials, border czar Tom Homan said, “We’re going to enforce the law, without apology.” Homan, in a with Fox News, said Noem’s findings and the welfare-fraud crimes are making the Twin Cities a higher priority for ICE. He didn’t say when increased enforcement operations might begin, or how many agents might be sent there. Homan said he has told police in other sanctuary cities that it is their duty to make their communities safer—and that communities do become safer after ICE removes criminal illegal immigrants and legal immigrants who commit deportable offenses. Homan said it was “shameful” for local law enforcement not to partner with ICE to achieve that common goal. He urged non-cooperative police to “stand aside” and allow ICE to operate. Otherwise, the Justice Department will show “zero tolerance” and will prosecute anyone who impedes ICE. O'Hara, the police chief, said his officers stay out of immigration issues. “We don’t provide information to federal immigration authorities; we don’t ask people about their immigration status,” he said at the news conference. Those actions align with a city ordinance that forbids city employees from asking people about their citizenship or immigration status. The local law also prohibits city workers from using “any knowledge of [a resident’s] status to enforce immigration laws,” the Minneapolis government states. Within days, Minneapolis officers will be receiving updated guidance for handling immigration-related matters, the police chief said, incorporating “feedback from community and community-based organizations.” Thu, 12/04/2025 - 13:05
Jensen To Rogan: "Next 6-7 Years You Will See A Bunch Of Small Nuclear Reactors" Jensen To Rogan: "Next 6-7 Years You Will See A Bunch Of Small Nuclear Reactors" Jensen "https://www.reddit.com/r/pics/comments/1d807fz/nvidia_presidentceo_jensen_huang_signing_a_shirt/ discussing a wide range of topics, when he gave the nuclear sector the ultimate tailwind: the AI revolution needs small modular reactors (SMRs), something we have been saying for over a year.  When the conversation turned to energy, and particularly new nuclear power, Huang spoke about the immense and growing power demands of AI data centers, which he dubbed as "gigawatt factories", and echoed what we just said, namely that that these power needs cannot be integrated into the existing public grid without risking instability and soaring power prices... To prevent skyrocketing electric bills, every state has to follow the Texas example: each data center must have its own "behind the meter" onsite power generation. “We believe data centers should pay for the full cost of their power,” Dominion Energy spokesperson Aaron Ruby… — zerohedge (@zerohedge) ... and should instead remain "behind the meter", with data centers using dedicated or off-grid power generators - such as SMRs - necessary for the continued growth of AI. As a result, Jensen sees "a whole bunch of small nuclear reactors in the next six or seven years" Rogan: By small, like how big are you talking about? Huang: Hundreds of megawatts. Rogan: Okay. And that these will be local to whatever specific company they have. Huang: That's right. Will all be power generators. Reactors such as those currently being built by . No wonder their stocks are soaring today. Here is the exchange: JR-"Currently that is a big bottleneck right, it's energy? JH-It is The Bottleneck...The next 6-7 years I think your going to see a whole bunch of small nuclear reactors JR- probably the smartest way to do it JH-It takes the burn off the grid" https://twitter.com/search?q=%24NVDA&src=ctag&ref_src=twsrc%5Etfw — NANO Nuclear Energy (NASDAQ: NNE) (@nano_nuclear) Of course, we have been pounding the table on modular nuclear reactors as the only real solution to the data center power drain for nearly two years, focusing on the just a few days ago, when the Department of Energy said it was assisting the Tennessee Valley Authority and Holtec International with the development and deployment of 300 MW small reactors in the 2030s, all small but critical initial steps in the rollout of small modular reactors.  image There was also a significant development from the Nuclear Regulatory Commission when they for the construction permit application for Bill Gates’ sodium reactor project in Wyoming. This was the last stage of reactor developer TerraPower’s construction permit review for their 345 MW reactor, and they now expect to have the construction license in hand early next year. Commercial operations are targeted for 2031. Anyway, back to the podcast where, to the surprise of none of our readers, it took only 5 minutes of them talking to come to the topic of how dependent new AI is on the development of new energy. Jensen went on a short run about how critical it was to the AI industry that Trump started his latest term by beating the table on new energy development: “[Trump] came into office and the first thing that he said was ‘drill baby drill’. His point is we need energy growth. Without energy growth, we can have no industrial growth. It saved the AI industry. I got to tell you, flat out, if not for his progrowth energy policy we would not be able to build factories for AI, not be able to build chip factories, we surely won't be able to build supercomputer factories, none of that stuff would be possible without all of that. Construction jobs would be challenged, right? Electrician jobs, all of these jobs that are now flourishing would be challenged. And so I think he's got it right, we need energy growth. We want to re-industrialize the United States. We need to be back in manufacturing.” As we recently covered in our summary of , we highlighted how the availability of cheap energy is enabling the growth of the AI industry in the US. Had the US followed in the footsteps of our peers across the water, we could have been facing energy prices as much as three times higher for industrial customers. image With the U.S. taking the more productive “and” approach to renewable energy, the country has added GW of power across a range of energy varieties, including both green sources like wind and solar, and traditional sources like coal, gas, and nuclear. Then again, as we discussed yesterday, the US will need to add over 100+ GW by 2032 to maintain the AI cycle, a staggering amount of power generation. image Jensen elaborated a little bit further on the energy-AI relationship, noting that energy is “the” bottleneck with developing new AI factories: Rogan: So currently that is a big bottleneck, right? [It] is energy. Huang: Yeah, it is the bottleneck. The bottleneck Because you can print money, you can't print energy. The money is not the problem: AI is the new global arms race, and capex will eventually be funded by governments (US and China). If you want to know why gold/silver/bitcoin is soaring, it's the "debasement" to fund the AI arms race. But you can't print energy — zerohedge (@zerohedge) Thu, 12/04/2025 - 12:45
Hassett Odds Soar As Trump Confirms He's Made Decision On Next Fed Chair Hassett Odds Soar As Trump Confirms He's Made Decision On Next Fed Chair President Donald Trump said on Nov. 30 that he has already decided on his pick to replace Federal Reserve Chair Jerome Powell, adding that an announcement is forthcoming, but declining to identify his nominee. “I know who I am going to pick, yeah,” Trump told reporters on Air Force One on his way back from Florida to Washington on Sunday. When asked whether he would nominate National Economic Council Director Kevin Hassett, the current frontrunner to replace Powell according to betting markets, Trump smiled and replied, “I’m not going to tell you, we’ll be announcing it.” Hassett now has an 75% chance of getting the nomination according to prediction market Polymarket. Former Fed Gov. Kevin Warsh is at 12% with Fed Gov. Christopher Waller down to 8%. image Earlier Sunday, Hassett, on CBS' "Face The Nation," said the market's reaction to reports that Trump was close to a pick is a positive sign. “Once it became clear that the president’s getting closer to make a decision, the markets really celebrated, interest rates went down, we had one of our best Treasury auctions ever,” Hassett said on Fox. “I think that the market expects that there’s going to be a new person at the Fed, and they expect that President Trump’s going to pick a new one. And if he picks me, I'd be happy to serve.” image Hassett, who has strongly defended Trump's economic policies, including tariffs and interest rates, said he would be happy to serve as Fed chief if Trump nominated him. “I’m really honored to be amongst a group of really great candidates,” Hassett told CBS. “I think that the American people could expect President Trump to pick somebody who’s going to help them, you know, have cheaper car loans and easier access to mortgages at lower rates.” We do note that rates are higher this morning after Trump's comments (and the yield curve is steeper - policy error), but there are a lot of moving parts after the long weekend (from mixed manufacturing data to a hawkish BoJ) impacting markets. Market-implied odds have soared to fully price in a rate-cut in December... image Finally, we note that Hassett's financial disclosure reveals at least a seven‑figure Coinbase stake and compensation for serving on the exchange’s Academic and Regulatory Advisory Council, placing him unusually close to the crypto industry for a potential Fed chair.​ Still, crypto has been burned before by reading too much into “crypto‑literate” resumes.  .” A Hassett-led Fed might be more open to experimentation and less reflexively hostile to bank‑crypto activity. Still, the institution’s mandate on financial stability means markets should not assume a one‑way bet on deregulation.​ Mon, 12/01/2025 - 12:00