Business
Brazilian judge orders complete ban of Elon Musk’s X
From LifeSiteNews
By Stephen Kokx
Notorious left-wing Brazilian Supreme Court Justice Alexandre de Moraes has instructed the government to block access to X. Elon Musk condemned the ruling for ‘crushing the people’s right to free speech.’
Notorious left-wing Brazilian Supreme Court Justice Alexandre de Moraes is continuing his autocratic ways.
In a 51-page decision handed down late Friday evening, de Moraes instructed the country’s National Telecommunications Agency to block access to social media website X within 24 hours.
On Brazilian Justice de Moreas's order shutting down X:
The text of his 51-page decision is far more concerning and sweeping than the headlines suggest.
de Moreas’s own words make clear that he is attempting to strike a broader blow against free speech and in favor of…
— Brendan Carr (@BrendanCarrFCC) August 31, 2024
X had already announced on August 17 that it was shutting down its offices in the country to protect staffers from de Moraes’s wrath. At the same time, the company said that Brazilians could still download the app.
In his ruling, de Moraes demanded that Apple and Google remove X from their app stores within five days. He also imposed a daily fine of up to approximately $8,800 on persons and companies that attempt to use it via a VPN address.
𝕏 is the most used news source in Brazil. It is what the people want.
Now, the tyrant de Voldemort is crushing the people’s right to free speech. https://t.co/gR8aq3JzzU
— Elon Musk (@elonmusk) August 31, 2024
The dictatorial decision comes amid a months-long legal dispute between de Moraes and X, which has refused to comply with what the company has deemed “illegal orders to censor his political opponents.”
The oppressive regime in Brazil is so afraid of the people learning the truth that they will bankrupt anyone who tries https://t.co/VgYPRJMXJv
— Elon Musk (@elonmusk) August 30, 2024
Socialist Brazilian president Lula da Silva said in a radio interview Friday, “Just because the guy [Musk] has a lot of money, doesn’t mean they can disrespect you. … Who does he think he is?”
Musk has taken a no holds barred approach to the lawsuit. At various times over the past six months, he has called de Moraes a “tyrant,” “dictator,” and worse.
We willl begin publishing the long list of @Alexandre’s crimes, along with the specific Brazilian laws that he broke tomorrow.
Obviously, he does not need to abide by US law, but he does need to abide by his own country’s laws.
He is a dictator and a fraud, not a justice. https://t.co/m93B1r0v98
— Elon Musk (@elonmusk) August 31, 2024
De Moraes took office as president of Brazil’s Superior Electoral Court (TSE) in March 2022 when he began to exert pressure on social media accounts supportive of conservative incumbent President Jair Bolsonaro in the lead-up to the presidential election.
Investigative journalist and author Michael Shellenberger, who broke the story about de Moraes’s apparent election interference, said his censorship efforts are “an attack on the democratic process” and “if there ever is electoral fraud in Brazil, nobody will be allowed to talk about it, if de Moraes gets his way.”
Shellenberger commented on the ban on X Saturday morning.
Exactly https://t.co/SpcCp7j5Cd
— Elon Musk (@elonmusk) August 31, 2024
The spat between Musk and de Moraes began in April, when Musk announced that he tried to force the platform to censor accounts via a court order. Musk defiantly said that he would not give in to the demands and called for the impeachment of the high-ranking judge, referring to him as “Brazil’s Darth Vader.” The feud has also resulted in the freezing of financial accounts of Musk’s internet provider Starlink in Brazil.
Soon, we expect Judge Alexandre de Moraes will order X to be shut down in Brazil – simply because we would not comply with his illegal orders to censor his political opponents. These enemies include a duly elected Senator and a 16-year-old girl, among others.
When we attempted…
— Global Government Affairs (@GlobalAffairs) August 29, 2024
During a U.S. congressional hearing held in May, Shellenberger and Rumble CEO Chris Pavlovski testified about the numerous anti-free speech policies that have been enacted in Brazil under Lula and de Moraes, whom one witness described as the “de facto dictator” of the country.
De Moraes’s disturbing decision comes as Telegram founder and CEO Pavel Durov was indicted in France on seemingly questionable charges that many have argued are entirely politically driven. Meta CEO Mark Zuckerberg has remained largely undisturbed by lawsuits from Western governments.
Alberta
Alberta fiscal update: second quarter is outstanding, challenges ahead
Alberta maintains a balanced budget while ensuring pressures from population growth are being addressed.
Alberta faces rising risks, including ongoing resource volatility, geopolitical instability and rising pressures at home. With more than 450,000 people moving to Alberta in the last three years, the province has allocated hundreds of millions of dollars to address these pressures and ensure Albertans continue to be supported. Alberta’s government is determined to make every dollar go further with targeted and responsible spending on the priorities of Albertans.
The province is forecasting a $4.6 billion surplus at the end of 2024-25, up from the $2.9 billion first quarter forecast and $355 million from budget, due mainly to higher revenue from personal income taxes and non-renewable resources.
Given the current significant uncertainty in global geopolitics and energy markets, Alberta’s government must continue to make prudent choices to meet its responsibilities, including ongoing bargaining for thousands of public sector workers, fast-tracking school construction, cutting personal income taxes and ensuring Alberta’s surging population has access to high-quality health care, education and other public services.
“These are challenging times, but I believe Alberta is up to the challenge. By being intentional with every dollar, we can boost our prosperity and quality of life now and in the future.”
Midway through 2024-25, the province has stepped up to boost support to Albertans this fiscal year through key investments, including:
- $716 million to Health for physician compensation incentives and to help Alberta Health Services provide services to a growing and aging population.
- $125 million to address enrollment growth pressures in Alberta schools.
- $847 million for disaster and emergency assistance, including:
- $647 million to fight the Jasper wildfires
- $163 million for the Wildfire Disaster Recovery Program
- $5 million to support the municipality of Jasper (half to help with tourism recovery)
- $12 million to match donations to the Canadian Red Cross
- $20 million for emergency evacuation payments to evacuees in communities impacted by wildfires
- $240 million more for Seniors, Community and Social Services to support social support programs.
Looking forward, the province has adjusted its forecast for the price of oil to US$74 per barrel of West Texas Intermediate. It expects to earn more for its crude oil, with a narrowing of the light-heavy differential around US$14 per barrel, higher demand for heavier crude grades and a growing export capacity through the Trans Mountain pipeline. Despite these changes, Alberta still risks running a deficit in the coming fiscal year should oil prices continue to drop below $70 per barrel.
After a 4.4 per cent surge in the 2024 census year, Alberta’s population growth is expected to slow to 2.5 per cent in 2025, lower than the first quarter forecast of 3.2 per cent growth because of reduced immigration and non-permanent residents targets by the federal government.
Revenue
Revenue for 2024-25 is forecast at $77.9 billion, an increase of $4.4 billion from Budget 2024, including:
- $16.6 billion forecast from personal income taxes, up from $15.6 billion at budget.
- $20.3 billion forecast from non-renewable resource revenue, up from $17.3 billion at budget.
Expense
Expense for 2024-25 is forecast at $73.3 billion, an increase of $143 million from Budget 2024.
Surplus cash
After calculations and adjustments, $2.9 billion in surplus cash is forecast.
- $1.4 billion or half will pay debt coming due.
- The other half, or $1.4 billion, will be put into the Alberta Fund, which can be spent on further debt repayment, deposited into the Alberta Heritage Savings Trust Fund and/or spent on one-time initiatives.
Contingency
Of the $2 billion contingency included in Budget 2024, a preliminary allocation of $1.7 billion is forecast.
Alberta Heritage Savings Trust Fund
The Alberta Heritage Savings Trust Fund grew in the second quarter to a market value of $24.3 billion as of Sept. 30, 2024, up from $23.4 billion at the end of the first quarter.
- The fund earned a 3.7 per cent return from July to September with a net investment income of $616 million, up from the 2.1 per cent return during the first quarter.
Debt
Taxpayer-supported debt is forecast at $84 billion as of March 31, 2025, $3.8 billion less than estimated in the budget because the higher surplus has lowered borrowing requirements.
- Debt servicing costs are forecast at $3.2 billion, down $216 million from budget.
Related information
Business
Trump’s government efficiency department plans to cut $500 Billion in unauthorized expenditures, including funding for Planned Parenthood
From LifeSiteNews
Elon Musk and Vivek Ramaswamy shared their plans to ‘take aim’ at ‘500 billion plus’ in federal expenses, including ‘nearly $300 million’ to ‘progressive groups like Planned Parenthood.’
Elon Musk and Vivek Ramaswamy are planning to ax taxpayer funding for Planned Parenthood as part of their forthcoming work for the next Trump administration, they revealed in a Wednesday op-ed in The Wall Street Journal.
The businessmen have been appointed by President Donald Trump to lead a new Department of Government Efficiency (DOGE), which will work from outside the official government structure to cut wasteful government spending and excess regulations, as well as “restructure federal agencies,” as Trump announced last week on Truth Social.
Musk and Ramaswamy shared Wednesday that as part of their work at DOGE to downsize government spending, they will be “taking aim at the $500 billion plus in annual federal expenditures that are unauthorized by Congress or being used in ways that Congress never intended,” thereby “delivering cost savings for taxpayers.”
They specifically called out Planned Parenthood as one institution that will lose taxpayer funding once DOGE kicks into gear. In their op-ed, the duo said the federal expenditures they plan on cutting includes the “nearly $300 million” dedicated “to progressive groups like Planned Parenthood.”
Musk and Ramaswamy also reportedly will take aim at the “$535 million a year to the Corporation for Public Broadcasting and $1.5 billion for grants to international organizations,” according to Catholic Vote, although they have not shared all of the federal spending they plan to cut or reduce.
“With a decisive electoral mandate and a 6-3 conservative majority on the Supreme Court, DOGE has a historic opportunity for structural reductions in the federal government,” the business duo wrote. “We are prepared for the onslaught from entrenched interests in Washington. We expect to prevail.”
Mogul and X owner Musk, who was outspoken before his DOGE appointment about the big problem of waste, noted last week that if the government is not made efficient, the country will go “bankrupt.”
He reposted a clip from a recent talk he gave in which he explained that not only is our defense budget “pretty gigantic” — a trillion dollars —but the interest the U.S. now owes on its debt is higher than this.
“This is not sustainable. That’s why we need the Department of Government Efficiency,” Musk said.
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