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When I began Schwartzreport my purpose was to produce an entirely fact-based daily publication in favor of the earth, the inter-connectedness and interdependence of all life, democracy, equality for all, liberty, and things that are life-affirming. Also, to warn my readers about actions, events, and trends that threaten those values. Our country now stands at a crossroads, indeed, the world stands at a crossroads where those values are very much at risk and it is up to each of us who care about wellbeing to do what we can to defend those principles. I want to thank all of you who have contributed to SR, particularly those of you who have scheduled an ongoing monthly contribution. It makes a big difference and is much appreciated. It is one thing to put in the hours each day and to do the work for free, but another to have to cover the rising out-of-pocket costs. For those of you who haven’t done so, but read SR regularly, I ask that you consider supporting it.

— Stephan

AVAILABLE FOR THE FIRST TIME

NYC and Long Island Could Lose 80,000 Homes to Flooding by 2040, Exacerbating Housing Crisis: Report

Stephan: 

While we are witnessing one psychopath destroy the structure and wellbeing of the United States stage a coup, and create a global economic crisis, the climate change disaster grows ever more threatening. Importantly, the psychopath has shown no interest in doing anything to ameliorate this crisis. Indeed, he is doing things to make it worse. I see reports like this one almost daily, so New York State is but one of 50 examples.

By the year 2040, New York City and Long Island could lose over 80,000 homes to flooding, according to Averting Crisis, a new report released on Monday by the nonprofit Regional Plan Association (RPA).

The report said that in every NYC borough, it was likely that tracts of land would become impossible to develop, contributing to the area’s housing shortage, which could reach 1.2 million homes.

“Communities nationwide are facing a severe housing crisis marked by soaring costs, limited housing options, and stagnant construction. This crisis is largely driven by restrictive zoning regulations that impose onerous procedural requirements, ban multi-family housing, and create numerous technical hurdles,” the report said. “Unfortunately, climate hazards, especially flooding, will continue to exacerbate the housing shortage. The growing risk of climate-driven flooding jeopardizes both existing and future housing developed in flood zones.”

The New York City area has seen a shortage of homes over the last few decades, which has contributed to higher rents and home prices, reported The New York Times. Meanwhile, the city has been finding it hard to […]

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Trump’s justice department to disband unit investigating crypto fraud

Stephan: 

I think history is going to record this period of American history as the most corrupt in 250 years. And it is also blatantly obvious. You suspect as well as I do, I bet, that at least several MAGAt leaders in the “emperor’s” regime made millions in this ongoing manipulated tariff crime.  But that is just one piece of what is going on. Just as his son Eric begins moving into crypto, his father decides to tell one of his servants, Deputy Attorney General Todd Blanche, to end the Justice Department’s investigations into crypto fraud.  In a four-page memo  Blanche sent to justice department employees on Monday evening, the deputy attorney general said that its national cryptocurrency enforcement team (NCET) “shall be disbanded effective immediately”.

The US Department of Justice building in Washington DC on 5 February.Credit: Bloomberg/Getty 

The US justice department is disbanding a unit that was dedicated to investigating cryptocurrency-related fraud as Donald Trump’s presidential administration loosens oversight in the digital assets sector.

In a four-page memo sent to justice department employees on Monday evening, the deputy attorney general, Todd Blanche, said that its national cryptocurrency enforcement team (NCET) “shall be disbanded effective immediately”.

The memo from Blanche, who previously represented the president in the 2024 criminal trial that led to Trump’s conviction on 34 felony charges of falsifying business records, said that “the digital assets industry is critical to the nation’s economic development and innovation”.

“The department of justice is not a digital assets regulator,” Blanche said. He then went on to criticize Trump’s presidential predecessor Joe Biden, saying: “However, the prior administration used the justice department to pursue a reckless strategy of regulation by prosecution.”

The justice department will no longer pursue litigation or enforcement actions that have “the effect of superimposing regulatory frameworks on digital assets while President Trump’s actual regulators do […]

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Trump’s Tariffs Whiplash Is Open Corruption. He Admitted It Himself.

Stephan: 

Here is the evidence validating what I said in my comment on the previous article. I find it notable that corporate media is not focused on the corruption that is so notably the hallmark of the MAGAt coup that is tearing the United States apart.

The most corrupt President in 250 years. Credit: Yuri Gripas / Abaca / Bloomberg / Getty

Trump may have accidentally confessed to insider trading and market manipulation on Truth Social. 

“THIS IS A GREAT TIME TO BUY!!! DJT,” the president wrote on Wednesday, a mere four hours before announcing a 90-day pause on most retaliatory tariffs except for China, yet another market-shocking announcement that caused stocks to shoot up. 

Insider trading is a very illegal practice that involves using special or private information to give yourself an advantage in buying and selling stocks. Someone with knowledge of an economic policy change that would cause the markets to shoot back up would be posting about how great a time it is to buy right before the policy change happened. This particular situation looks like the opposite of a pump and dump: a poop and scoop. This is when an exclusive group of people with private knowledge do whatever they can to drive stock prices down—like announcing debilitating global tariffs—and then buy stocks up strategically before the price […]

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Chaos and Corruption Weekly Digest: Week 11

Stephan: 

Week 11 of the corruption that is the unacknowledged but defining character of the coup.

Week 11 saw Trump’s attack on the free press, our country’s economy and ability to fight diseases and find cures. But the American people pushed back against his attacks in four elections.

The election results in Wisconsin and Florida served as a warning sign for Donald Trump’s extreme agenda and attack on our democracy. Despite Trump’s endorsement and billionaire Elon Musk’s 20 million dollar war chest in support of a Republican candidate for the state Supreme Court, people in Wisconsin elected a Democratic-backed judge by a big margin. Another Democratic-backed candidate also won a race for the Superintendent of Public Instruction. Even though Republican candidates won in two special congressional elections in Trump’s strongholds in Florida, the margins were much narrower than they were when Trump won in November. Trump’s loss is on top of another defeat the week before when people in Pennsylvania flipped the Senate seat held by a Republican in a district that Trump won by 15 points last year.

From Sen. Cory Booker’s record breaking 25-hours plus speech criticizing Trump’s extreme […]

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‘Fossil Fuels Are Killing Us’: Major Study Details How Fossil Fuels Are Driving Climate, Health and Biodiversity Crises

Stephan: 

As a madman and his enabling oligarchs and quisling Senators and Representatives are dismantling American democracy, social order, and economy they are also destroying all efforts to stop the planetary disaster being wrought by climate change. As a result, as I have been telling you, in 15 years we will be in a catastrophic civilization-altering crisis unlike anything in recorded history.

In a new review published in the journal Oxford Open Climate Change, scientists have issued an urgent warning that the fossil fuel industry and its products are driving intertwined crises threatening humans, wildlife and our shared future on this planet.

The collaborative review by scientists from the Center for Biological Diversity and several universities synthesizes scientific evidence that shows fossil fuels and the industry are behind many harms to public healthbiodiversity and environmental justice, while contributing to the agrochemical pollution, plastics and climate crises, a press release from the Center for Biological Diversity said.

“The science can’t be any clearer that fossil fuels are killing us,” said lead author of the report Shaye Wolf, the Center for Biological Diversity’s climate science director, in the press release. “Oil, gas and coal will continue to condemn us to more deaths, wildlife extinctions and extreme weather disasters unless we make dirty fossil fuels a thing of the past. Clean, renewable energy is here, it’s affordable, and it will save millions of lives and trillions of dollars once we make it the centerpiece of our economy.”

The review’s focus is on the United States — the largest […]

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MAGA Podcaster Turned FBI Boss Demands 20-Agent Security Detail

Stephan: 

The thing that stands out for me is the utter incompetence of the people in the Trump administration, and how much they wanted to be pampered and indulged. They claim they want efficiency but produce just the opposite. I wonder how many American voters realize that the two largest agencies overseeing health care in the United States are being run by two people who don’t have five minutes of medical training. And that the FBI is now being run by two MAGAt podcaster hucksters, Kash Patel and Dan Bongino,  who know nothing of law enforcement. It is also interesting that Bongino, who is principally known for his pseudo-hyper-masculinity is such a weak and frightened man he has demanded a 24-hour 20-agent team of bodyguards to protect him. It will cost millions, but it is your money and mine, not his, so what does he care?

MAGAt huckster Dan Bongino, just made the Deputy Director of the FBI. Credit: Roy Rochlin / Getty 

The MAGA podcaster who was tapped to be the FBI’s second in command has chosen to be protected by as many as 20 agents—while his predecessors have often had no security detail at all, NBC News reported.

Last week, the agency put out an internal call for agents willing to sign up to abandon their ordinary duties and protect Deputy Director Dan Bongino 24 hours a day for month-long stints, unnamed FBI officials told NBC.

A pair of former FBI officials told the outlet that level of protection could require a score of agents, pulling man-power away from important law enforcement teams at the bureau.

Unlike most deputy directors, who are FBI agents, Bongino had no experience at the bureau before he was hired by President Donald Trump and the agency’s director, Kash Patel. Bongino, 50, has previously worked as a Secret Service agent and a New York City police officer, although most recently he has been a popular pro-MAGA online commentator. He hosted Trump on his […]

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USDA to slash headquarters, other staff and relocate some to new ‘hubs’ around the country

Stephan: 

The Department of Agriculture is being torn apart and moved out of Washington, D.C. entirely. The impact this is going to have on the wellbeing of farmers, whose average age is about 59, is going to be devastating. That guarantees that your grocery prices of anything those farmers grow is going to go up, even as many of them crash financially. If you don’t know anything about farming you don’t know that most farmers borrow money they use to buy or rent machinery, fertilizers, seeds, and other components of the farming process. They then pay it back from the income they make from selling their products. All of this depends to a large extend on financial help they traditionally get from the Ag Department. Assistance that is being dramatically reduced, even as the department staff that works with the farmers are being fired. I strongly recommend that if you aren’t already doing so you start a garden. Grow your own lettuce, onions, garlic, cabbage, and string beans. Go to YouTube and watch some videos that will show you how to do it. And I also recommend that you make it an organic garden. Don’t use chemicals and toxins. It will make a noticeable difference in your health, and the health of your family.

Sign marking the USDA headquarters in Washington, D.C. Credit: J. David Ake / Getty

The Agriculture Department is planning to dismantle its presence in Washington, D.C., according to several officials briefed on the plans, and will relocate those it does not lay off to three hubs around the country. 

The locations for those new offices have not yet been determined, senior officials throughout the department have told employees in recent days, but the shakeup will impact thousands of headquarters staff. USDA is expected to offload one of its two Washington headquarters buildings, according to two employees familiar with the matter. 

The relocations will accompany widespread layoffs at the department, according to four officials made aware of the plans, though the exact number is not yet clear. Those cuts are expected in late April or early May. Some employees have been told to expect the department to cut back to fiscal 2019 staffing levels—which would lead to USDA slashing around 9,000 of its 98,000 employees—while others have been told there is a an overall federal workforce reduction number the administration has […]

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‘Cost us $26M!’ Jasmine Crockett spits ‘fire’ at Trump’s golfing

Stephan: 

While psychopath “emperor” Trump and his cretinous minions blather on about efficiency while they dismantle the government and destroy the wellbeing of America, you and I are spending millions of dollars to pay for the “emperor’s” golf games. It is straight out of the reign of Nero and Caligula.

Democratic Representative from Texas Jasmine Crockett at the House Oversight subcommittee calling out the millions of tax dollars spent for
“emperor” Trump’s golf games.

Rep. Jasmine Crockett (D-TX) slammed President Donald Trump for spending at least $26 million of taxpayer money to play golf in the first two months of his presidency.

During a DOGE subcommittee hearing chaired by Rep. Marjorie Taylor Greene (R-GA) on Tuesday, Crockett wondered why Republicans were focused on dismantling government services instead of cutting waste generated by Trump’s vacations.

“They are lighting the Social Security on fire, Medicaid on fire, Medicare on fire, 401(k)s on fire, Department of Education on fire,” she explained. “And instead, what we need to light on fire are Trump’s tariffs.”

“In fact, we could probably go a little bit further,” she continued. “Let’s talk about the fact that as of March 30th, Trump’s golfing has cost us approximately $26 million. And the last time I checked, we’re not getting anything in return for that.

Crockett noted that Trump was “going to golf as the markets were tanking.”

He decided he was […]

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