Business
Brazilian judge orders complete ban of Elon Musk’s X
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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.’
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BRASILIA, BRAZIL – OCTOBER 30: President of Superior Electoral Tribunal (TSE) Alexandre De Moraes talks during a press conference on October 30, 2022 in Brasilia, Brazil. Brazilians vote for president again after neither Lula or Bolsonaro reached enough support to win in the first round. (Photo by Arthur Menescal/Getty Images 2022)
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.
Business
Worst kept secret—red tape strangling Canada’s economy
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From the Fraser Institute
By Matthew Lau
In the past nine years, business investment in Canada has fallen while increasing more than 30 per cent in the U.S. on a real per-person basis. Workers in Canada now receive barely half as much new capital per worker than in the U.S.
According to a new Statistics Canada report, government regulation has grown over the years and it’s hurting Canada’s economy. The report, which uses a regulatory burden measure devised by KPMG and Transport Canada, shows government regulatory requirements increased 2.1 per cent annually from 2006 to 2021, with the effect of reducing the business sector’s GDP, employment, labour productivity and investment.
Specifically, the growth in regulation over these years cut business-sector investment by an estimated nine per cent and “reduced business start-ups and business dynamism,” cut GDP in the business sector by 1.7 percentage points, cut employment growth by 1.3 percentage points, and labour productivity by 0.4 percentage points.
While the report only covered regulatory growth through 2021, in the past four years an avalanche of new regulations has made the already existing problem of overregulation worse.
The Trudeau government in particular has intensified its regulatory assault on the extraction sector with a greenhouse gas emissions cap, new fuel regulations and new methane emissions regulations. In the last few years, federal diktats and expansions of bureaucratic control have swept the auto industry, child care, supermarkets and many other sectors.
Again, the negative results are evident. Over the past nine years, Canada’s cumulative real growth in per-person GDP (an indicator of incomes and living standards) has been a paltry 1.7 per cent and trending downward, compared to 18.6 per cent and trending upward in the United States. Put differently, if the Canadian economy had tracked with the U.S. economy over the past nine years, average incomes in Canada would be much higher today.
Also in the past nine years, business investment in Canada has fallen while increasing more than 30 per cent in the U.S. on a real per-person basis. Workers in Canada now receive barely half as much new capital per worker than in the U.S., and only about two-thirds as much new capital (on average) as workers in other developed countries.
Consequently, Canada is mired in an economic growth crisis—a fact that even the Trudeau government does not deny. “We have more work to do,” said Anita Anand, then-president of the Treasury Board, last August, “to examine the causes of low productivity levels.” The Statistics Canada report, if nothing else, confirms what economists and the business community already knew—the regulatory burden is much of the problem.
Of course, regulation is not the only factor hurting Canada’s economy. Higher federal carbon taxes, higher payroll taxes and higher top marginal income tax rates are also weakening Canada’s productivity, GDP, business investment and entrepreneurship.
Finally, while the Statistics Canada report shows significant economic costs of regulation, the authors note that their estimate of the effect of regulatory accumulation on GDP is “much smaller” than the effect estimated in an American study published several years ago in the Review of Economic Dynamics. In other words, the negative effects of regulation in Canada may be even higher than StatsCan suggests.
Whether Statistics Canada has underestimated the economic costs of regulation or not, one thing is clear: reducing regulation and reversing the policy course of recent years would help get Canada out of its current economic rut. The country is effectively in a recession even if, as a result of rapid population growth fuelled by record levels of immigration, the GDP statistics do not meet the technical definition of a recession.
With dismal GDP and business investment numbers, a turnaround—both in policy and outcomes—can’t come quickly enough for Canadians.
Business
‘Out and out fraud’: DOGE questions $2 billion Biden grant to left-wing ‘green energy’ nonprofit`
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From LifeSiteNews
The EPA under the Biden administration awarded $2 billion to a ‘green energy’ group that appears to have been little more than a means to enrich left-wing activists.
The U.S. Environmental Protection Agency (EPA) under the Biden administration awarded $2 billion to a “green energy” nonprofit that appears to have been little more than a means to enrich left-wing activists such as former Democratic candidate Stacey Abrams.
Founded in 2023 as a coalition of nonprofits, corporations, unions, municipalities, and other groups, Power Forward Communities (PFC) bills itself as “the first national program to finance home energy efficiency upgrades at scale, saving Americans thousands of dollars on their utility bills every year.” It says it “will help homeowners, developers, and renters swap outdated, inefficient appliances with more efficient and modernized options, saving money for years ahead and ensuring our kids can grow up with cleaner, pollutant-free air.”
The organization’s website boasts more than 300 member organizations across 46 states but does not detail actual activities. It does have job postings for three open positions and a form for people to sign up for more information.
The Washington Free Beacon reported that the Trump administration’s Department of Government Efficiency (DOGE) project, along with new EPA administrator Lee Zeldin, are raising questions about the $2 billion grant PFC received from the Biden EPA’s National Clean Investment Fund (NCIF), ostensibly for the “affordable decarbonization of homes and apartments throughout the country, with a particular focus on low-income and disadvantaged communities.”
PFC’s announcement of the grant is the organization’s only press release to date and is alarming given that the organization had somehow reported only $100 in revenue at the end of 2023.
“I made a commitment to members of Congress and to the American people to be a good steward of tax dollars and I’ve wasted no time in keeping my word,” Zeldin said. “When we learned about the Biden administration’s scheme to quickly park $20 billion outside the agency, we suspected that some organizations were created out of thin air just to take advantage of this.” Zeldin previously announced the Biden EPA had deposited the $20 billion in a Citibank account, apparently to make it harder for the next administration to retrieve and review it.
“As we continue to learn more about where some of this money went, it is even more apparent how far-reaching and widely accepted this waste and abuse has been,” he added. “It’s extremely concerning that an organization that reported just $100 in revenue in 2023 was chosen to receive $2 billion. That’s 20 million times the organization’s reported revenue.”
Daniel Turner, executive director of energy advocacy group Power the Future, told the Beacon that in his opinion “for an organization that has no experience in this, that was literally just established, and had $100 in the bank to receive a $2 billion grant — it doesn’t just fly in the face of common sense, it’s out and out fraud.”
Prominent among PFC’s insiders is Abrams, the former Georgia House minority leader best known for persistent false claims about having the state’s gubernatorial election stolen from her in 2018. Abrams founded two of PFC’s partner organizations (Southern Economic Advancement Project and Fair Count) and serves as lead counsel for a third group (Rewiring America) in the coalition. A longtime advocate of left-wing environmental policies, Abrams is also a member of the national advisory board for advocacy group Climate Power.
DOGE is currently conducting a thorough review of federal executive-branch spending for the Trump administration, efforts that left-wing activists are challenging in court. The official DOGE website currently claims credit for a total estimated savings of $55 billion.
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