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EU Effort to Use Russian Funds to Support Ukraine Collapses – EU Takes Out Loan to Support Zelenskyy

The grand plans of the EU Leadership failed to generate their desired result.  Initially, Ursula von der Leyen, Friedrich Merz, Emmanuel Macron and Keir Starmer intended to permanently confiscate the Russian sovereign wealth fund and use it to fund their interests in Ukraine.  However, the EU coalition didn’t agree.

After 16 hours of failed internal negotiations the EU ended up creating a $90 Billion euro-backed financial loan to Zelenskyy which he will not have to pay back until Russian reparations are paid to Ukraine.

The European elites essentially used EU taxpayers to create an EU loan to Zelenskyy.

EUROPE – BRUSSELS — European governments failed to reach a deal on sending Russian frozen state assets to Ukraine after a 16-hour summit in Brussels, in a major setback for German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen.

Countries were forced instead to agree on an emergency backup plan based on EU joint debt that was pushed for weeks by Belgian Prime Minister Bart De Wever and was deemed a long shot until hours before the deal was done. In a further blow to EU unity, three countries ― Hungary, Slovakia and the Czech Republic ― won’t take part.

“The bottom line, after today, is that our support for Ukraine is guaranteed,” Danish Prime Minister Mette Frederiksen said as the summit wrapped up at 3 a.m.

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Stephen Miller Predicts the $1+ Billion Somali Fraud in Minnesota “The Greatest Financial Fraud Scandal in American History”

White House Deputy Chief of Staff Stephen Miller appears on Fox News to discuss the federal investigation that is taking place into a massive welfare and subsidy scam uncovered in Minnesota.  At the heart of the issue are thousands of Somali immigrants who were allowed into the U.S. and have abused various aid programs.

There are also reports indicating that 70% of the economy in the country of Somalia now comes from remittances sent by this same community, including money sent to al-Shabaab terrorist groups.  The scale of the fraud is jaw-dropping as almost every financial aid program is being abused by the Somali immigrant community. WATCH:

This year Federal and state prosecutors opened multiple investigations into fraud tied to Minnesota programs being abused by the Somali community.

An investigation into “Feeding Our Future” (a child‑nutrition nonprofit) led to dozens of indictments and it got worse as officials also began investigating Medicaid Housing Stabilization Services and alleged false autism diagnoses tied to reimbursements. Acting U.S. Attorney Joseph Thompson has described the scope of the fraud as astonishing and labeled the issue a “crisis.”

President Trump announced the immediate termination of Temporary Protected Status for Somalis in Minnesota, citing fraud and “money laundering.” The DOJ, CMS and various cabinet agencies are also investigating various programs to determine the full scope of the financial fraud.

Meanwhile DHS and the FBI are reviewing remittance destinations to determine potential terrorist connections, and Minnesota Governor Tim Walz blames President Trump for noticing the issue.

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U.S. Govt Agency Verifies that Nine Large U.S. Banks Conducted Ideological Debanking Operations

The United States Office of the Comptroller for the Currency (OCC) has delivered the preliminary results of an investigation into large U.S. banks and the practice of “debanking” customers based on ideology. [PDF HERE]

Between 2020 and 2023, the OCC found that JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc., Wells Fargo & Co., U.S. Bancorp, Capital One Financial Corp., PNC Financial Services Group Inc., Toronto-Dominion Bank, and Bank of Montreal, all maintained policies that restricted legal companies from access to banking based on the “values” of the bank.

According to the OCC report, “these nine banks made inappropriate distinctions among customers in the provision of financial services on the basis of their lawful business activities by maintaining policies restricting access to banking services or requiring escalated reviews and approvals before providing certain customers access to financial services.”

Press Release – […] The Office of the Comptroller of the Currency (OCC) today released preliminary findings from its supervisory review of debanking activities at the nine largest national banks it supervises: JPMorgan Chase Bank, Bank of America, Citibank, Wells Fargo Bank, U.S. Bank, Capital One, PNC Bank, TD Bank, and BMO Bank.

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Zelenskyy Met with Starmer, Merz and Macron – Now Heading to Brussels

Yesterday, Ukraine President Volodymr Zelenskyy traveled to London to meet with British PM Keir Starmer, German Chancellor Friedrich Merz and French President Emmanuel Macron.

As expected, part of the Zelenskyy meeting with the “coalition of the willing” included a briefing by Ukraine negotiator Rustem Umerov, the secretary of Ukraine’s National Security and Defense Council, who held detailed consultations for three days last week in Miami with Trump’s envoys Steve Witkoff and Jared Kushner.

President Zelenskyy then departed London traveling with his media entourage to Brussels for the next round of discussions with the European Union stakeholders, financiers and politicians. During the trip Zelenskyy told his media stenographers, “Under our laws, under international law — and under moral law — we have no right to give anything away. That is what we are fighting for.

The U.K, France and Germany support Zelenskyy’s position that he is not going to concede any territory to the Russian Federation, specifically the 30% of the Donbas area in Eastern Ukraine currently at the heart of the physical conflict.

The 30% issue surrounds the Donetsk region in Ukraine, which includes the cities of Kramatorsk and Sloviansk. Russia is currently pushing deep into fortified Ukraine resistance in this region with a population of around 100,000. Zelenskyy claims losing this area would allow Putin to invade the Dnipropetrovsk, Zaporizhzhia and Kharkiv regions.

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Representative Austin Scott (GA) Blasts Senate Republicans for Paying Themselves Millions in Retroactive Penalties Within Hidden Clause in CR Bill

Buried on page 217 of the Senate Continuing Resolution Bill [TEXT HERE], Republican Senators have inserted legislation to “retroactively” pay themselves $500,000 each for every line of communication, telephone record, email or other electronic communication, subpoenaed by the Jack Smith Special Counsel during the Arctic Frost investigation.

The payment is a penalty for retroactive subpoenas going back to January 1, 2022. The payment is at least $500,000 per phone line or email account. That means each Republican Senator is going to make millions from the subpoenas that Jack Smith previously used.

House Representative Austin Scott is not happy the Republican Senators slipped this into the bill. WATCH:

The Bill Text is Available Here – Starting on Page 217

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Commerce Secretary Howard Lutnick Discusses Supreme Court Arguments on Tariffs

Commerce Secretary Howard Lutnick appears on NewsMax to discuss his perspective on the Supreme Court oral arguments surrounding the legal challenges to President Trump’s tariff authority.

Secretary Lutnick attended the court arguments today and is very optimistic about the outcome of the arguments.  WATCH:

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President Trump Outlines Stakes in Next Week SCOTUS Tariff Case

President Trump posted the importance of the Supreme Court case to support presidential authority on Tariffs.

The heart of the argument really is the “trillions at stake” aspect we have discussed on these pages for the past ten years.  If the institutions of our government factually want to dispatch President Trump and diminish the American middle-class, the Supreme Court will support the multinational corporations and Wall Street in decision to remove presidential tariff authority.

[Via Truth Social] – “Next week’s Case on Tariffs is one of the most important in the History of the Country. If a President is not allowed to use Tariffs, we will be at a major disadvantage against all other Countries throughout the World, especially the “Majors.” In a true sense, we would be defenseless! Tariffs have brought us Great Wealth and National Security in the nine months that I have had the Honor to serve as President. The Stock Market has hit All Time Highs many times during my short time in Office, with virtually No Inflation, and National Security that is second to none.

Our recent successful negotiation with China, and many others, put us in a strong position only because we had Tariffs with which to negotiate fair and sustainable Deals. If a President was not able to quickly and nimbly use the power of Tariffs, we would be defenseless, leading perhaps even to the ruination of our Nation. The only people fighting us are Foreign Countries who for years have taken advantage of us, those who hate our Country and, the Democrats, because our numbers are insurmountably good.

I will not be going to the Court on Wednesday in that I do not want to distract from the importance of this Decision. It will be, in my opinion, one of the most important and consequential Decisions ever made by the United States Supreme Court. If we win, we will be the Richest, Most Secure Country anywhere in the World, BY FAR. If we lose, our Country could be reduced to almost Third World status — Pray to God that that doesn’t happen!”

President Donald J Trump – Nov 02, 2025, 6:54 PM

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President Trump Delivers Televised Remarks to RJC Annual Leadership Summit in Las Vegas

The Republican Jewish Coalition (RJC) annual leadership summit was held in Las Vegas, Nevada.  This year’s event has gained additional, perhaps purposefully boosted, attention due to the organized effort by the RJC to defend the Israeli government from any American criticism.  The need for control is a reaction to fear.

Well known conservative voices like Mark Levin and Ted Cruz, emphasized the RJC message that support for the government of Israel was a key component to their definition of the Make America Great Again (MAGA) movement.

Young conservatives from the Turning Point USA organization were used during a speech by Florida Congressman Randy Fine to highlight his speech theme, “Tucker Carlson is Not MAGA,” a theme that was also emphasized by Officer Brandon Tatum.

President Donald Trump did not attend the leadership summit but sent a televised speech for the audience in lieu of a keynote address. WATCH:

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Secretary Scott Bessent Provides Background on Trump/Xi Discussions and Agreement

Secretary of Treasury Scott Bessent appears on Fox News with Maria Bartiromo to discuss the Asia tour by President Trump and the trade delegation that culminated with a lengthy meeting between President Trump and Chairman Xi Jinping.

By locking down trade agreements with Australia, Malaysia, Cambodia, Vietnam, Philippines, Thailand, Japan and South Korea in advance of the meeting with Xi, President Trump had effectively boxed out the maneuvers of Beijing and isolated any contravening strategy.

Chairman Xi was facing a U.S. strategic trade reset with multiple options for replacement of Chinese goods and resources.  As a result, the Beijing trade delegation recognized President Trump had effectively neutered the scale of their economic power and influence over the U.S. economy.  Instead, the best play for big panda was to shake hands and come to agreeable terms.  WATCH:

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Playing into President Trump’s hands was/is the strains currently ongoing within the Chinese domestic economy.  Further friction against the USA would have weakened Chairman Xi domestically.

The missing piece of the puzzle is now Russia.

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U.S. Ambassador to Canada Informs Govt and Business Leaders No Trade Deals Possible

For those who have followed along with the U.S-Canada trade positioning, the current status of conflict between the Trump administration and the government of Canada is not surprising.  {GO DEEP} Going all the way back to the replacement of NAFTA, with the USMCA, President Trump always said he did not favor multilateral trade deals with multiple countries; instead, he preferred bilateral free trade agreements.

Some people have construed the bilateral preference of President Trump to be the elimination of globalism in favor of nationalism in trade agreements.

While the outcome of the Trump approach indeed aligns with that theme, it is not specifically the objective of President Trump to eliminate global trade, but rather to focus on specific interests in trade that benefit the unique nature of each party involved.

As a result, the USMCA -or CUSMA as said in Canada- is not in alignment with a bilateral free trade agreement, and the conflicted differences between trade with Mexico and trade with Canada are an outcome of this dynamic.  The solution is simply to eliminate the multilateral in favor of the bilateral approach.  This is the objective of President Trump as expressed.

That said, the USMCA covers approximately 60% of U.S-Canada trade, and the remaining 40% is being debated and argued.  President Trump would prefer to just deal with 100% of the trade sectors in one free trade agreement; hence, his ambivalence until the USMCA is dissolved.

Canada, on the other hand, continues to demand that all trade conflicts be resolved without opening up the entire USMCA. Again, another conflict. Canada is like the dependent spouse in a divorce arguing for child support payments when the “children” are in their twenties.

The current status is President Trump pulling back completely from discussions with Canada, while the various provincial Premiers and Prime Minister Mark Carney antagonize over the issue.

At a certain point, when the entire national economic plan of Canada is based on “Donald Trump bad”, and all political messaging internally is to proclaim they have no alternative policy positions, the Canadians might not realize it, but they are confirming complete and total dependency on the nation Donald Trump represents.

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