[Financial Contect] The ongoing U.S. federal government shutdown, now in its tenth day as of October 10, 2025, has sent significant tremors through global financial markets. The persistent congressional deadlock over appropriations legislation for the 2026 fiscal year has intensified economic uncertainty worldwide, contributing to notable market losses across major indices. As the world's largest economy grapples with internal political paralysis, investors are facing a perilous environment marked by delayed economic data, disruptions to critical government functions, and a palpable erosion of confidence in U.S. fiscal stability. This domestic turmoil, compounded by existing global trade tensions and a backdrop of slowing global growth, is challenging the resilience of an already sensitive international economy.
DETAILED COVERAGE: A DEEPENING CRISIS
The tenth day of the U.S. government shutdown on October 10, 2025, underscored the deepening impact of political gridlock on economic stability. The core of the issue lies in the failure of Congress to pass essential appropriations bills for the 2026 fiscal year, leading to a lapse in funding for numerous federal agencies and services. This legislative impasse has resulted in the furlough of hundreds of thousands of federal employees and the suspension of non-essential government operations. Key players in this ongoing saga include the White House, led by the current administration, and the leaders of both the House of Representatives and the Senate, who remain at odds over spending priorities and budgetary allocations.
The timeline leading up to this moment saw increasing tensions in the weeks prior to the October 1st fiscal year deadline. Despite last-minute negotiations, a failure to reach a consensus on spending limits and policy riders ultimately triggered the shutdown. Initial market reactions were somewhat contained, but as the shutdown extended into its second week, the cumulative effect began to manifest more severely. On October 10, 2025, major indices globally registered significant declines, reflecting a growing unease among investors. The US500 (NYSE: SPY), a proxy for the broader U.S. stock market, reportedly fell by 2.31% from the previous session, indicating a broad-based sell-off.
Beyond the immediate market figures, the shutdown's impact is deeply felt through the suspension or delay of crucial economic data releases. Agencies like the Bureau of Labor Statistics and the Census Bureau have halted the publication of vital statistics, including employment figures, inflation reports, and GDP data. This "data vacuum" creates an information deficit, severely hindering the ability of central banks, including the Federal Reserve, to make informed monetary policy decisions, and for investors to accurately assess market expectations. The erosion of trust in U.S. governance and fiscal stability internationally is also a significant concern, potentially deterring foreign investment and prompting a reallocation away from U.S. assets.
Blaming an "Information deficit" are they? Believe me, they know the numbers. It's what they do !
#2
The US500 (NYSE: SPY), a proxy for the broader U.S. stock market, reportedly fell by 2.31% from the previous session, indicating a broad-based sell-off.
Yeah, bullshit on that. The market had been hitting one all-time high after another even after the shutdown. If you pick the right timeframe you can prove anything you like.
Posted by: Matt ||
10/11/2025 13:36 Comments ||
Top||
#3
Right you are Matt. There's far, far too much money involved to support an "information deficit."
#4
The "market" is so disgustingly overbought that a pullback such as yesterday's was just a matter of time.
Too blame it on the USG shutdown is total rubbish. Trump's spat with China, maybe, at least a trigger. I love how the pundits try to find the round peg to fit the hole after the fact, the same pundits who say AI and quantum crap will send the market into the stratosphere.
[Daily Caller] Fox News legal analyst Gregg Jarrett said Friday on "Hannity" that he believes former FBI Director James Comey is attempting to "avoid his own trial" by putting President Donald Trump "on trial."
The Department of Justice (DOJ) announced in September that Comey faces one count of making an alleged false statement within the jurisdiction of the legislative branch and one count of obstruction of a congressional investigation. Discussing Comey’s charges as well as Democrat New York Attorney General Letitia James’ indictment, Fox guest host Charlie Hurt asked Jarrett if he believes anyone will "pay the price for any of this."
"Yeah, I think they could and let me speak to James Comey because I have a column tomorrow morning ... look, when he was preening like a peacock in front of a camera saying, ’Let’s have a trial.’ That was just another pretense [of] a lie by phony Comey. It was a con job. The last thing he wants is a trial," Jarrett said. "Which is why his lawyers this week said we’re gonna file motions to dismiss the case, claiming in a vindictive prosecution, selective prosecution, retribution by Trump."
[Instapundit] A short guide to President Trump's options.
With resistance to ICE in many blue cities, there’s been a lot of talk about Trump invoking the Insurrection Act. There are other, lesser statutes that he can employ, but this is the big gun. It intentionally gives the President enormous freedom and power to put down resistance to the law.
This is the relevant part of the Insurrection Act:
§252. Use of militia and armed forces to enforce Federal authority
Whenever the President considers that unlawful obstructions, combinations, or assemblages, or rebellion against the authority of the United States, make it impracticable to enforce the laws of the United States in any State by the ordinary course of judicial proceedings, he may call into Federal service such of the militia of any State, and use such of the armed forces, as he considers necessary to enforce those laws or to suppress the rebellion.
So first, it’s discretionary to employ: “Whenever the President considers.” This language leaves no room for judicial review, by design; it’s up to the President to determine when the predicates for invoking the Act apply. Second, this phrase, “unlawful obstructions, combinations, or assemblages, or rebellion against the authority of the United States, make it impracticable to enforce the laws of the United States in any State by the ordinary course of judicial proceedings,” seems to fit perfectly with what’s going on in places like Portland or Chicago.
Third, discretionary language again: “as he considers necessary to enforce those laws or to suppress the rebellion.”
It’s entirely up to the President under the statute. You may think it’s a bad idea -- I’m not so sure it is, because I don’t think it’s a good idea for state and local governments to have a veto on federal law enforcement actions -- but it’s entirely lawful. And, properly understood, not subject to judicial review. (The Insurrection Act, once triggered, also overrides the Posse Comitatus Act’s prohibition on using the military for law enforcement purposes.)
Invoking the Insurrection Act wouldn’t be unprecedented — it’s been done thirty times in the history of the Republic, or a bit less than once every 8 years. A state actively resisting federal authority could be met with the full power of the U.S. military — and the President could even recognize a competing, alternative state government. There’s no meaningful opportunity for judicial review under the Insurrection Act as its invocation is a “political question” and hence non-justiciable. (The same is true, as the Supreme Court held almost 200 years ago, in the case of Luther v. Borden, of recognizing one of two competing state governments as the legitimate government of a state).
#1
Driving Trump to invoking the Insurrection Act by judicial obstruction of legitimate and timely Presidential actions is the cornerstone of the "resistance" strategy. Once invoked, they have their "Dictator/Tyrant" act upon which to based Impeachment 3.0 and all manner of obstruction themes to galvanize the mid-term firestorm of MSM les and exaggerations to take back the House. If they do, endless obstruction until 2028.
These are regime-change/revolutionary tactics that are being unleashed by the vast left-wing governance grifting apparatus that is seeing money and power evaporate rapidly, and accountability looming.
#2
Last time I checked there is no member of the judiciary listed in the law governing the command and control of military forces. Thus they are engaged in unlawful obstructions, combinations, or assemblages, or rebellion against the authority of the United States.
[THEASPENBEAT] ... There's no celebration in Russia or China or North Korea or . . . among American Democrat protestors.
The Democrat leaders have of course said what they are obligated to say. But the thousands of anti-Israel and antisemitic protestors on college campuses and elsewhere have said nothing. No celebrations, no statements, no candle lighting, no congratulations to the people of Gaza or the people of Israel or the people of the world.
They're literally dancing in the streets of Tel Aviv and Gaza City to celebrate the peace, while the protestors on American college campuses who purportedly protested for peace, sometimes violently, are, for once, silent.
I'm left wondering, if it wasn't peace that they were protesting for, then what was it?
Posted by: Fred ||
10/11/2025 00:00 ||
Comments ||
Link ||
[1751 views]
Top|| File under: Hamas
#1
These people were supposedly by your side whilst you were all searching for The One.
Then, when you finally do find The One, and you are happier than you have ever been....... these are the people who never speak to you again lolol
Interesting to see what went on behind the scenes.
[IsraelTimes] Trump’s longtime commitment to Israel enabled him to coax Netanyahu into accepting proposal, as Hamas recognized that hostages had become a liability worth releasing up-front
In the days following Israel’s September 9 missile strike targeting Hamas ..a contraction of the Arabic words for "frothing at the mouth",... ’s leaders in Doha, as the limited nature of the results began to crystallize, Prime Minister Benjamin Netanyahu chose to double down on the decision, which had galvanized the entire region against him like never before.
"It didn’t fail, because it had one central message, and we considered it before we launched it, and that is, you can hide, you can run, but we’ll get you," the premier asserted, while standing alongside US Secretary of State Marco Rubio ...The diminutive 13-year-old Republican U.S. Senator from Florida, Secretary of State in the second Trump administration... Less than three weeks later, though, Netanyahu was in the Oval Office, holding a phone handed to him by US President Donald Trump ...The tack in the backside of the Democratic Party... and reading a scripted apology to Qatar ...an emirate on the east coast of the Arabian Peninsula. It sits on some really productive gas and oil deposits, which produces the highest per capita income in the world. They piss it all away on religion, financing the Moslem Brotherhood and several al-Qaeda affiliates. Home of nutbag holy manYusuf al-Qaradawi... i Prime Minister Mohammed Abdulrahman Al Thani, who was on the other end of the line.
"It was the sort of thing that mature people do. That got us some leverage," a senior US official said, as he reviewed how the Trump administration managed to broker an agreement ending the Gazoo
...Hellhole adjunct to Israel and Egypt's Sinai Peninsula, inhabited by Gazooks. The place was acquired in the wake of the 1967 War and then presented to Paleostinian control in 2006 by Ariel Sharon, who had entered his dotage. It is currently ruled with a rusty iron fist by Hamas with about the living conditions you'd expect. It periodically attacks the Hated Zionist Entity whenever Iran needs a ruckus created or the hard boyz get bored, getting thumped by the IDF in return. The ruling turbans then wave the bloody shirt and holler loudly about oppression and disproportionate response... war after two years.
The Doha strike initially saw a deterioration in conditions for an agreement, with some hostage families who traveled to meet with Trump officials in Washington leaving town convinced that the administration was drifting away from their issue.
The strike "caused a lot of angst within the Arab world," said the senior US official involved in the negotiations during a briefing with news hounds on Thursday. "There was a sense that it shouldn’t happen. There was a sense that if it did happen, it could happen to other countries."
But it was during this period of doubt that US special envoy Steve Witkoff and his effective predecessor during Trump’s first term, Jared Kushner, began crafting a plan aimed at ending the war in Gaza and rebuilding trust between Israel and its Middle Eastern neighbors.
Because while Witkoff and Kushner recognized a mounting, regional-wide anger with Israel, they also "began to detect that Hamas had had enough."
Hamas "fought hard. But this was a conflict that was [affecting] every family in Gaza... Gazooks don’t just blame Israel for this conflict. They, in large part, were blaming Hamas for it. We began to sense that and turn that into leverage," the senior US official said.
NOT YOUR ’MIDDLE-OF-THE-ROAD’ PRESIDENT
Determined to craft a plan that leveraged the crisis, Witkoff and Kushner borrowed principles and ideas from previous hostage deal proposals along with existing frameworks for ending the war, while consulting closely with Al Thani, who was fully on board with the effort following Netanyahu’s apology, the senior US official said.
The resulting document was then presented on the sidelines of the UN General Assembly by Trump to US-allied countries in the Arab and Moslem world, whose support will be needed in the post-war stabilization and management of Gaza.
The plan was adapted to take their feedback into account, and a similar revision process unfolded after the document was shared with Netanyahu over the last weekend of September.
The 20-point proposal was then unveiled by the White House as Trump stood beside Netanyahu, who moments prior had agreed not only to apologize to Qatar but to back a plan that could well lead to the collapse of his government, as it envisions an immediate end to the war, a gradual Israeli withdrawal from Gaza and the creation of a potential pathway to a Paleostinian state.
Explaining why the US was able to get Netanyahu on board with ending the war — something the Biden administration was unable to do, despite such a result arguably being more desired by Democrat voters — a senior Trump aide who was also on the Thursday briefing touted his boss’s "proven formula" that has seen him reject the idea that the president needs to be a "middle of the roader."
Trump has "stood shoulder to shoulder with Israel 100 percent. And because of that, he’s been able to help guide them in the right direction," the aide said. "Israel has a lot of trust in President Trump that he’s not going to ask [it] to do anything that would compromise [its] security."
WHEN THE HOSTAGES BECAME A LIABILITY INSTEAD OF AN ASSET FOR HAMAS
With Israel on board, Trump only needed several days and an ultimatum for Hamas to follow suit.
"We felt that Hamas was at a place... where [it] was looking at the hostages less as an asset and more as a liability," the senior US official said.
The terror group issued a statement on October 3 welcoming parts of the deal — most critically, the US plan’s envisioning of the up-front release of all remaining hostages — while indicating that it had disagreements with subsequent phases regarding the "day after" in Gaza.
While Netanyahu read Hamas’s reply as an effective "No," Witkoff and Kushner looked at it more positively, believing that there was enough there for them to work with.
Trump asked Witkoff and Kushner, "What are the odds of a deal?"
They responded, "’100%... Because we can’t afford to fail, so we have no choice but to get a deal done,'" the senior Trump aide said.
Trump told them, ’"Anything you need me to do, anything you need me to stand behind. You have the full authority to go and do what needs to be done to make a deal,'" the senior aide recalled. "That really gave us a lot of room to maneuver to get the final details across the line."
Mediators from Qatar, Egypt and The Sick Man of Europe Turkey ...a NATO ...the North Atlantic Treaty Organization. A cautionary tale of cost-benefit analysis.... member, but not the most reliable... were then dispatched to Sharm el-Sheikh, Egypt, where they held technical talks with negotiating teams from Israel and Hamas on Monday and Tuesday.
Those talks progressed well, with the mediators managing to convince Hamas that Trump was prepared to stand behind every principle of the 20-point plan, including its envisioning of Israel’s complete, albeit phased, withdrawal from Gaza, the senior US official said.
"Everyone will be treated fairly," Trump has several times emphasized over the past month, as he has sought to keep Hamas on board with a plan that sees it lose what it long thought was its best leverage (the hostages) during the first 72 hours of the deal.
"He wanted both sides to understand that he was going to enforce good conduct here. That was a critical and overarching message that we were there to talk about, and it was very well received," the senior US official said, adding that Trump was very involved in the Egypt talks from afar, repeatedly phoning in to speak with the mediators.
WHAT DOHA STRIKE?
With momentum building, Witkoff and Kushner flew to Sharm el-Sheikh, arriving early Wednesday morning and immediately joining the negotiations along with brass hats from all parties.
Critically, the sides agreed to separate the hostage release from the subsequent parts of the 20-point plan, leaving those thornier issues pertaining to the post-war management of Gaza for later rounds.
This paved the way for a breakthrough to be reached by Wednesday evening, as Middle Eastern mediators walked between ballrooms inside the same conference center where Israeli and Hamas negotiating teams were posted.
"We were going for 20 straight hours, and toward the end of that, we began to sense that everybody had moved to a place in the middle where we could see that there was a deal here," the senior US official said. "Once everybody could see the line, they wanted to cross it."
Enough consensus had developed around all of the key issues surrounding the hostage-prisoner swap and Israel’s initial pull-back from Gaza so that, after 2 a.m., Witkoff and Kushner determined an announcement could be made.
Minutes later, one went up on Trump’s Truth Social account.
Celebrations in Gaza and Israel were immediate, and the excitement extended to Sharm el-Sheikh, where surreal scenes unfolded of Qatari mediators embracing their Israeli counterparts, as if the Doha strike hadn’t happened exactly one month prior.
SURPRISE GUESTS AT THE CABINET MEETING
Several hours later, Witkoff and Kushner traveled to Cairo, where they met with Egyptian President Abdel-Fattah el-Sissi. "We told him that we were grateful for his leadership, but... we were going to need him on the implementation phase," the senior US official said.
By Thursday evening, the pair had landed in Israel, where they immediately set out for back-to-back meetings with President Isaac Herzog and Netanyahu, shortly before the latter was slated to hold a cabinet meeting to ratify the agreement signed in Sharm el-Sheikh.
Witkoff offered to present his case in favor of the deal to the cabinet and Netanyahu jumped on the opportunity.
The two American officials caught the ministers by surprise, as Netanyahu hadn’t let them know in advance that the pair would be joining, and they were welcomed with extended applause.
The senior US official clarified that there were "plenty of differences of opinion" voiced by "hardliners," but "there were also people who wanted to see the hostages come home above all else, and we explored different pathways to reach good compromises."
After an over-hour-long appearance, Witkoff and Kushner left. The cabinet went on to ratify the hostage-ceasefire deal shortly after midnight Thursday-Friday.
"People are relieved and joyful to see this end. Most people in Israel either have children or neighbors or friends who are fighting in the war," said the senior Trump aide, who briefed news hounds alongside the senior US official, both on condition of anonymity.
"With that being said, there’s real fear there about what will happen next. Will Gaza again pose a threat?
It’s comforting that they weren’t starry-eyed about Hamas.
If the mechanism that we create and everyone behaves and works properly, hopefully, we can create a new paradigm that can lead to a more peaceful and prosperous place in the future," the senior Trump aide added.
FROM PHASE ONE TO PHASE TWO
Witkoff and Kushner will remain in Israel through the hostage releases early next week to make sure that the deal is properly implemented.
"There are still a lot of ways that this can go wrong, so we’re staying on top of the details to make sure everyone fulfills their obligations and that any misunderstandings are quickly adjudicated," the senior Trump aide said.
"We want to make sure that we get to the withdrawal, the ceasefire, and then we get to a place for the hostages to return home and for the exchange to be done. Then we’ll go into the next phase, which is figuring out what comes next in Gaza," the Trump aide continued. "We have a lot of concepts and ideas that we’ve been trying to get developed for a long time, that now we’ll have to get them operationalized."
One of the first steps in that process will be deploying around 200 US Central Command soldiers to establish a task force outside Gaza, aimed at supporting the International Stabilization Force (ISF) that the Trump plan envisions will gradually replace the IDF throughout the Strip.
So about all those Europeans who yesterday were talking about their place at the military table…
Witkoff had CENTCOM Chief Brad Cooper join the talks, and the admiral managed to quickly win over the other parties when he informed them he could have the task force operational within two and a half weeks, the senior US official said.
"We’re already talking to multiple governments about standing up that ISF force," the senior US official said, without naming the volunteer countries. Indonesia is the only country to date that has publicly offered to send troops to Gaza.
"Then there will be discussions, and we’ll see if there is a true pathway for decommissioning the military installations in Gaza and the heavy arms," the Trump aide added.
The Trump aide was unmoved by Hamas’s statements rejecting the idea of disarmament. "I wouldn’t pay too much attention to public statements from anyone in the Middle East. It’s more about what people are saying privately and about what they’re actually going to do."
That’s all very well, but we here at Rantburg only see what is in the public domain, and from that make our judgements. If the Arabs want us to think something else, they need to stop being so two-faced about Israel.
While the US hasn’t secured financial commitments from its Arab and Moslem allies, it has lodged security guarantees from those countries "where they said they were going to stand behind the decommissioning of the weapons" in Gaza.
EXPANDING THE ABRAHAM ACCORDS
If the second phase can be advanced, the Trump aide expressed optimism that the Abraham Accords brokered by Trump in his first term can then be expanded.
"October 7, and the war in Gaza created a black cloud over the region and changed a lot of the sentiment regarding Israel," the aide acknowledged.
Nonetheless, this deal can reverse those dynamics and revive efforts to broker normalization deals between Israel and countries like Saudi Arabia ...a kingdom taking up the bulk of the Arabian peninsula, largely made up of sand and oil rigs. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual haj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. Formerly dictatorial and steeped in Olde Tyme Religion, deferring to Salafist holy men on all issues, it has now done a 180 and is making a serious effort to modernize, so as not to be left in the sand by its Gulf Arab neighbors. The holy men have been shoved to the background and the nation is now still dictatorial but somewhat rational. That doesn't make them trustworthy, but it's a start... , Indonesia, Qatar, Mauritania, Algeria, Syria and Leb ...The Lebs have the curious habit of periodically murdering their heads of state or prime ministers... , the senior Trump aide maintained.
"Our general message now is that being divided and isolated and balkanized hasn’t worked in the Middle East. It has just led to a lot of victimization, conflict, bad blood, misunderstanding," he said. "But when there’s communication and when countries have relations, and the people get to know each other and do business together, that’s a better recipe for peace and a foundation for stability."
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
...a kingdom taking up the bulk of the Arabian peninsula, largely made up of sand and oil rigs. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual haj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. Formerly dictatorial and steeped in Olde Tyme Religion, deferring to Salafist holy men on all issues, it has now done a 180 and is making a serious effort to modernize, so as not to be left in the sand by its Gulf Arab neighbors. The holy men have been shoved to the background and the nation is now still dictatorial but somewhat rational. That doesn't make them trustworthy, but it's a start...
