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July 25, 2025

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Why is the meme stock frenzy making a comeback in 2025?

7 Mins Read

It’s happening again. Meme stock mania is back in full steam.

Once again, companies that most institutional analysts have stopped following for a while are exploding in value.

Stocks like Opendoor, GoPro, Krispy Kreme are attracting the attention of retail investors, in the same way GameStop and AMC did back in 2020-2021.

The games are back in play. Retail investors are coordinating online to push up the stock prices of heavily shorted stocks.

But it’s not just Reddit and Discord that are fueling the buying frenzy today. There’s also AI tools. It’s a complete new experience.

It appears that the stock market is fun again. Or is it?

What sparked the latest rally?

The initial catalyst was a hedge fund manager named Eric Jackson. Erick takes credit for being the reason behind Carvana’s surge over the past couple years.

On July 14, he posted a thread on X (formerly Twitter) claiming his AI model had flagged Opendoor as the next Carvana.

That post, along with the buzz it generated on Reddit, helped drive a 312% rally in the stock over six days.

At its peak, Opendoor traded 1.9 billion shares in a single day.

According to reports by Bloomberg, that was nearly 10% of all US equity trading volume. Option volume surged too, with more than 3.4 million contracts traded on Opendoor alone, more than any single day during the GameStop rally in 2021.

Source: Bloomberg

And just like with GameStop and AMC, Nokia, Blackberry back in 2021, other names followed shortly after Opendoor.

GoPro jumped 75% in a week. Krispy Kreme opened 39% higher on July 23 before closing the day up just 4.6%. Beyond Meat and Rocket Mortgage also joined the rally.

Collectively, these names formed a new meme stock acronym on Reddit: D.O.R.K. (DNUT, OPEN, RKT, KSS).

But these were not fundamentals-driven moves. The sentiment behind all of those companies was grim just before those spikes.

For example, Opendoor was recently at risk of being delisted from the Nasdaq. Khol’s recently ousted their CEO amid a conflict of interest scandal.

GoPro is facing legal battles with Insta360, while Krispy Kreme recently ended its partnership with McDonalds and halted its dividend.

In short, those were once again coordinated short-squeeze plays by retail investors and online communities. There’s nothing illegal about this, but these sort of rallies usually result in more losers than winners.

Is this 2021 all over again?

The 2021 meme stock rallies were enabled by zero interest rates, stimulus checks, and bored retail investors stuck at home due to the pandemic.

Traders coordinated on Reddit’s WallStreetBets and used low-cost trading apps to drive up the share prices of their favorite stocks.

Today’s conditions are very different. Rates are high. There’s no stimulus money. The economic backdrop is uncertain, with rising tariffs and weak earnings in several sectors. And yet, retail speculation is back in full force.

According to Citadel Securities, retail investors have been net buyers of equities for 19 straight sessions, the longest streak since early 2021. Retail activity in unprofitable tech stocks has surged to 25% of total volume, a record high based on Goldman Sachs data.

Still, this wave lacks the same explosive force. In 2021, GameStop’s lending rate spiked to 80% annualized, making it nearly impossible to borrow and hold short positions.

This created true short squeezes. Today, the cost to short Kohl’s or Rocket Mortgage is around 10%. That keeps pressure lower and limits upward momentum.

Hedge funds are better prepared this time. Liquidity is deeper. Market makers are more responsive. The result is sharper but shorter rallies that deflate just as fast.

Why is AI now part of the picture?

What makes 2025 different is the role of large language models like ChatGPT. Multiple retail traders have said they asked ChatGPT for stock picks. Some even report buying Opendoor after ChatGPT compared it to Carvana, similar to Eric Jackson’s recommendation.

And that turns out to be true. When users ask ChatGPT to name cheap stocks with big upside potential, it will list traits that mirror meme stocks: high short interest, misunderstood businesses, and founder-led narratives.

This isn’t random. In 2024, OpenAI signed a licensing deal with Reddit to train its models on forum data. ChatGPT has effectively absorbed years of Reddit logic, and that includes the meme-stock playbook.

Retail investors are now making decisions partly based on outputs generated by AI models trained on the very subcultures that created meme trading in the first place.

This creates a feedback loop: Reddit shapes AI, AI influences users, users post back to Reddit. The entire system reinforces itself.

What keeps driving retail into these trades?

At this point, the meme stock playbook is familiar: find a company that’s heavily shorted, cheap per share, and discarded by analysts. Post about it. Stir up a community narrative.

Add memes. Trigger options volume. Watch the chart go vertical.

Source: Bloomberg

But it’s no longer just about money. These trades are cultural. They carry identity value. Traders post slogans like “HODLTHE($OPEN)DOOR” or “Max pain on the shorts” to signal group loyalty.

For some, it’s about rebellion, a way to flip the script on Wall Street. For others, it’s entertainment. In a market where serious investing is increasingly algorithmic and institutionally controlled, meme stocks offer chaos, humor, and a sense of agency.

Online communities love memes and they are willing to bet their money on them as well.

There’s also a financial incentive for influencers and small hedge funds to play the game. A single tweet from a credible account can move millions in capital.

Unlike activist investors, meme-stock promoters often don’t disclose their positions. That regulatory blind spot remains unresolved.

Why the rallies always collapse

The data is clear: most meme stock rallies end quickly and painfully.

GameStop is still down over 70% from its 2021 high. AMC has lost 99% of its value since 2021. Faraday Future jumped from 4 cents to nearly $4 in 2024, then crashed back to penny-stock territory two weeks later.

In this latest round, Krispy Kreme lost nearly all of its gains in hours. Opendoor fell 20% on July 24, wiping out most of the week’s move.

The market is faster now. Institutions front-run Reddit trends. Quants have built scanners that monitor StockTwits and WallStreetBets in real time. Short squeezes are contained before they take hold.

What’s left is retail chasing momentum without the liquidity to sustain it. It’s casino-like futures with casino-like returns.

And yet, the cycle keeps repeating. AI didn’t invent meme stocks. But it may have made them permanent.

This new feedback loop where AI is trained on meme-trading behaviours could potentially fuel a new wave of “autonomous meme trading”.

Since meme stock trading logic is now embedded in AI models, future AI agents could identify unloved, massively shorted stocks, buy them algorithmically, then post on Reddit/X/Discord to drive more social momentum until they offload their shares for a quick profit.

That may sound dystopian. But if markets are narratives, then meme stocks are the loudest storytellers of the digital age, an indicaation of how modern finance is becoming just as much about culture and coordination as it is about cash flow and valuation.

Something to consider.

The post Why is the meme stock frenzy making a comeback in 2025? appeared first on Invezz

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In World news

Blackstone Minerals

9 Mins Read

Investor Insights

Rapidly emerging as Southeast Asia’s premier base and battery metals developer, Blackstone Minerals now holds two globally significant projects: the Ta Khoa nickel-cobalt project in Vietnam and the Mankayan copper-gold porphyry project in the Philippines. Both projects are critical to the company’s strategy to become a vertically integrated, low-cost, low-carbon producer of critical battery and base metals.

Overview

As the global economy accelerates toward net-zero emissions, the demand for critical minerals continues to rise, with nickel and copper positioned at the forefront of the energy transition. Historically used in stainless steel, nickel is now a core component in lithium-ion batteries; while copper, vital for electrification infrastructure, is similarly facing a looming supply crunch.

Blackstone Minerals (ASX:BSX,OTC:BLSTF,FRA:B9S) recognizes this strategic imperative and has positioned itself as a diversified, vertically integrated producer of low-cost, low-carbon battery and base metals.

Following its transformational merger with IDM International, Blackstone now controls two globally significant assets: the Ta Khoa nickel project in Vietnam and the Mankayan copper-gold project in the Philippines. Together, they represent a rare combination of scale, grade and strategic location in Southeast Asia, an increasingly vital region in the global clean energy supply chain.

The Mankayan copper-gold project is located in Northern Luzon, Philippines

The recently acquired Mankayan project adds substantial scale and diversification to Blackstone’s portfolio. One of the largest undeveloped copper-gold porphyry systems in Asia, Mankayan features over 56,000 meters of historical drilling and a resource of 793 million tonnes (Mt) at 0.756 percent copper equivalent (CuEq), including a high-grade core of 170 Mt at 1.049 percent CuEq. The project benefits from proximity to existing infrastructure and its location just 2.5 km from the operating Lepanto gold mine, owned and operated by Lepanto Consolidated Mining Company, and Far Southeast Gold Resources’ Far Southeast project.

The Ta Khoa project, meanwhile, includes both a past-producing underground nickel sulphide mine (Ban Phuc) and an advanced-stage refinery designed to produce battery-grade precursor cathode active material (pCAM). Vietnam’s low labor and energy costs, coupled with regulated power pricing and surging foreign direct investment, make it an ideal base for Blackstone’s vertically integrated strategy.

Blackstone is uniquely positioned to benefit from geopolitical tailwinds. Vietnam’s Free Trade Agreement with the European Union and the US Inflation Reduction Act are drawing significant interest from global partners and battery manufacturers. Meanwhile, the Philippines is undergoing a mining renaissance, with the government promoting foreign investment in responsible resource development. Mankayan has already been identified as a priority project by the Philippines’ Mines and Geosciences Bureau.

The company’s development strategy is underpinned by a commitment to ESG leadership. Blackstone is advancing renewable energy solutions for Ta Khoa via a direct power purchase agreement with Limes Renewables and is collaborating with Arca Climate Technologies to explore carbon capture through mineralization. At Mankayan, the company is focused on sustainable development in partnership with local communities.

Financially, Blackstone is well-capitalized to deliver on its dual-track growth plan. Following the merger with IDM, the company raised AU$22.6 million and holds AU$24.36 million in cash as of June 2025. The company’s experienced leadership team and strong partnerships provide a clear path to near-term value creation, as both projects progress toward definitive feasibility studies and long-term production.

Blackstone Minerals is now one of Southeast Asia’s leading battery and base metals developers, with a clear vision to supply responsibly sourced nickel and copper for the global energy transition.

Company Highlights

  • Diversified Portfolio: With Ta Khoa in Vietnam and Mankayan in the Philippines, Blackstone offers exposure to two critical and high-demand metal classes: nickel and copper-gold.
  • Strategic Southeast Asia Presence: Vietnam and the Philippines are emerging hubs for EV and mineral resource development, with robust government support and increasing foreign direct investment.
  • Infrastructure Advantage: Both projects benefit from existing infrastructure, including hydroelectric power, trained workforces, and government collaboration.
  • Sustainability Leadership: Blackstone is pursuing low-emission mining solutions through partnerships in renewable energy and carbon capture technologies.
  • Financially Strong: Blackstone raised AU$22.6 million post-merger, supporting an aggressive exploration and development strategy across both assets.

Key Project

Mankayan Copper-Gold Project – Philippines

Following its merger with IDM International, Blackstone now owns a 64 percent effective interest in the world-class Mankayan copper-gold project through Crescent Mining Development. Located in the prolific mineral belt of Northern Luzon, Philippines, Mankayan is one of Asia’s largest undeveloped copper-gold porphyry systems. It lies approximately 340 km from Manila by road, and just 2.5 kilometers from the operating Lepanto gold mine, which includes a 900 ktpa underutilized milling facility.

The Mankayan deposit spans roughly 1,100 meters of strike and 600 meters in width, with mineralization open to the north, south and at depth. Over 56,000 meters of diamond drilling has been completed to date, and the deposit hosts a JORC 2012-compliant mineral resource estimate of 793 Mt at 0.37 percent copper and 0.40 grams per ton (g/t) gold, equating to 0.756 percent CuEq. This includes a high-grade core of 170 Mt at 0.48 percent copper and 0.59 g/t gold (1.049 percent CuEq), offering valuable optionality.

Drilling results support Mankayan’s classification as a globally significant resource. Notable historic intercepts include:

  • 911 meters at 1 percent CuEq, including 253 meters at 1.43 percent CuEq
  • 543 meters at 1.08 percent CuEq, including 277 meters at 1.43 percent CuEq
  • 1,119 meters at 0.86 percent CuEq, including 352 meters at 1.15 percent CuEq
  • 754 meters at 1.03 percent CuEq, including 430 meters at 1.21 percent CuEq

In July 2025, Blackstone confirmed significant new surface mineralization through historical rock chip samples returning grades up to 6 g/t gold and 1.9 percent copper, and a standout recent drill hole – 432 meters at 1.25 percent CuEq (including 210 meters at 1.60 percent) – further underscoring the project’s scale and growth potential.

A key strategic advantage of Mankayan is its dual development pathway. The high-grade core supports a low-capex startup via selective mining methods, while the bulk of the deposit can be exploited through larger-scale mining scenarios that benefit from lower operating costs and economies of scale. This tiered approach allows Blackstone to balance capital efficiency with long-term growth.

Regulatory and community engagement milestones have also been achieved. The project’s 25-year mineral production sharing agreement was renewed in 2022, and a memorandum of agreement with local Indigenous Peoples was signed in 2024, making Blackstone the first mining company to obtain IP consent in the area. The Mines and Geosciences Bureau of the Philippines has since designated Mankayan as a priority development project.

Mankayan stands out globally when benchmarked against peer porphyry systems. A comparative analysis of undeveloped copper-gold projects ranks it near the top in terms of grade and copper equivalent tonnage, reaffirming its strategic and economic potential on the world stage.

In 2025 and beyond, Blackstone will continue metallurgical testwork, geophysics (including magnetics, IP and electromagnetics), environmental baseline studies, and further drilling to refine and expand the resource. These efforts will support upcoming mining studies and a targeted prefeasibility study.

Ta Khoa

Ta Khoa nickel project in Vietnam

Blackstone Minerals holds a 90 percent interest in the Ta Khoa nickel project, located in the Son La Province of northern Vietnam, about 160 km west of Hanoi. The project comprises the Ban Phuc underground nickel sulphide mine – a modern operation built to Australian standards that operated between 2013 and 2016 – and the adjacent Ta Khoa refinery, currently being developed to produce battery-grade precursor cathode active material (pCAM).

The Ban Phuc mine is currently under care and maintenance but is poised for recommissioning alongside the construction of a concentrator and refinery. The broader Ta Khoa asset base contains probable reserves of 48.7 million tonnes (Mt) at 0.43 percent nickel, equivalent to 210 kilotonnes (kt) of contained nickel. The mining inventory totals 64.5 Mt at 0.41 percent nickel, containing 265 kt of nickel. This figure excludes additional developing prospects such as Ban Khoa.

Over the planned 10-year mine life, Ta Khoa is expected to produce an average of 18 kt of nickel concentrate annually, with the potential to extend well beyond this horizon through integrated refining. The existing infrastructure onsite, including a 450 ktpa mill and a mining camp, provides significant capital efficiency and accelerates time to production.

A recent 12-month pilot program, conducted in partnership with ALS and Wood, successfully demonstrated that Ta Khoa’s hydrometallurgical flowsheet can convert concentrate into nickel sulphate at 99.95 percent purity and 97 percent recovery. This success positions the refinery as a credible supplier to the Asia-Pacific battery supply chain.

The project is further distinguished by its low emissions profile. Independent assessments by Digbee, Minviro, Circulor and an audit by the Nickel Institute have confirmed Ta Khoa as the lowest-emitting pCAM flowsheet in the industry, with carbon intensity of just 9.8 kg CO₂ per kg of pCAM, with opportunities for further reduction.

Blackstone’s development strategy includes flexible feedstock acceptance – from nickel concentrate to black mass – and is strengthened by partnerships with Cavico Laos for third-party supply, Arca Climate Technologies for carbon capture via mineralization, and Limes Renewables to supply clean wind energy. Additionally, the company has secured byproduct offtake arrangements for manganese sulphate and sodium sulphate with VinaChem, PVChem and Nam Phong Green, reinforcing its commitment to full-cycle resource utilization and ESG leadership.

Management Team

Hamish Halliday – Non-executive Chairman

Hamish Halliday is a geologist with over 20 years of corporate and technical experience. He is also the founder of Adamus Resources Limited, an AU$3 million float that became a multimillion-ounce emerging gold producer.

Scott Williamson – Managing Director

Scott Williamson is a mining engineer with a commerce degree from the West Australian School of Mines and Curtin University. He has over 10 years of experience in technical and corporate roles in the mining and finance sectors.

Geoff Gilmour – Non-executive Director

Appointed following Blackstone’s merger with IDM, Geoff Gilmour brings deep experience in Southeast Asian mining ventures. He has held senior roles in exploration and development across copper and gold projects in the Philippines and broader Asia-Pacific.

Tessa Kutscher – Executive

Tessa Kutscher is an executive with more than 20 years of experience in working with C-Level executive teams in the fields of business strategy, business planning/optimisation and change management. After starting her career in Germany, she has worked internationally across different industries, such as mining, finance, tourism and tertiary education.

Lon Taranaki – Executive

Lon Taranaki is an international mining professional with over 25 years of extensive experience in all aspects of resources and mining, feasibility, development and operations. Taranaki is a qualified process engineer from the University of Queensland Australia. He holds a Master of Business Administration, and is a fellow of the Australian Institute of Company Directors. Taranaki has established his career in Asia where he has successfully worked (and lived) across multiple jurisdictions and commodities ranging from technical, mine management and executive management roles.

This post appeared first on investingnews.com

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In Business

Uber will let women drivers and riders request to avoid being paired with men

2 Mins Read

Uber announced a new feature Wednesday that pairs women drivers and riders, in its latest move to address safety on the ride-hailing platform.

The new tool, which the platform will begin piloting next month in the U.S., allows women passengers to match with women drivers when booking or pre-booking rides, and create a preference in their app settings. Women drivers can also choose to drive women.

“It’s about giving women more choice, more control, and more comfort when they ride and drive,” Camiel Irving, Uber’s vice president of U.S. and Canada operations, said in a release.

The company said the rider’s preference isn’t guaranteed but the feature increases the chances women will be paired in the app.

Uber will pilot the program in Los Angeles, San Francisco and Detroit. The company also said it tested the feature in countries such as France, Germany and Argentina.

This isn’t Uber’s first foray into gender preferences on its platform.

In 2019, Uber rolled out a women rider preference feature for female drivers in Saudi Arabia after women won the right to drive in 2018. That offering later expanded to about 40 countries. A survey from the company in 2015 found that about a fifth of its U.S. drivers were women.

Over the years, ride-hailing companies such as Uber and Lyft have faced safety concerns and questions over the roles these platforms have played in various sexual assault and harassment incidents.

Uber has rolled out several features in recent years to improve safety on the platform, including teen accounts and rider and pin verification.

Competitor Lyft launched an option in late 2023 that pairs women and nonbinary drivers and riders.

This post appeared first on NBC NEWS

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In Politics

GREGG JARRETT: Newly declassified documents destroy Russian collusion hoax

7 Mins Read

Lies and lying people comprise the sorry epitaph of Barack Obama’s presidency.  

The Big Lie was that then-candidate Donald Trump colluded with Russia to rig the 2016 presidential election. It derived from a phony dossier commissioned and financed by former Secretary of State Hillary Clinton that Obama’s national security team happily peddled to destroy his successor.  

It begat an even bigger whopper that ‘Putin and the Russian Government developed a clear preference for President-elect Trump’ and ‘aspired to help’ his election chances. This notorious deceit was inserted in the official Intelligence Community Assessment (ICA) that was ordered by Obama himself and conjured up by his CIA Director John Brennan.  

None of it was true. 

The bogus dossier was exploited to justify the ICA. Conversely, the ICA was used to legitimize the dossier. The circular faux verification was a clever ruse. And it worked splendidly. When both documents were leaked to the gullible Trump-hating media, journalists adopted them without question as sacred gospel from the Holy Book of Obama. The Russia hoax took off like a rocket.  

It crash-landed on Wednesday, July 23, when Tulsi Gabbard, the director of National Intelligence, accused Obama, Brennan and others of engineering the false intelligence. ‘They knew it would promote this contrived narrative that Russia interfered in the 2016 election to help President Trump win, selling it to the American people as though it were true. It wasn’t,’ she added.  

Newly declassified documents show that a December 8, 2016, draft of Obama’s Presidential Daily Briefing (PDB) debunked the notion of Russian electoral meddling to help Trump. But wait … that was problematic because it did not conform to the preferred narrative of Trump-Russia collusion. So, FBI Director James Comey and his cohorts reportedly scuttled it. That way, Trump, as president-elect, could not be briefed on its contents.   

The next day Obama convened a highly confidential meeting at the White House. The president ordered his intelligence cronies to expedite a new ICA that would reverse the PDB’s conclusion and energize the collusion fiction. With his marching orders in hand, Brennan immediately went to work on it. 

His challenge was devising a way to contort the known evidence and contradict the consensus of nearly everyone else in the intelligence community. No problem. CIA experts on Russia who strenuously objected were sidelined and silenced. Brennan ignored their warning that there was no direct evidence that Russian President Vladimir Putin wanted to elect Trump.  

Other intel agencies that typically contribute to the assessment were deliberately excluded to stifle dissent. Evidence shows that Brennan then selected a handful of sycophants — with only one principal drafter — to craft the entire ICA that bore little resemblance to the truth and established facts.  

On January 6, 2017, the rushed-to-completion ICA was produced. It offered a remarkable transformation from the earlier PDB: ‘Putin and the Russian Government aspired to help President-Elect Trump’s election chances when possible by discrediting Secretary Clinton and publicly contrasting her unfavorably to him.’ (Page 7 of ICA)  

The head-spinning about-face of intel conclusions was an immaculate conception of corrupt handicraft that belongs in the Intelligence Hall of Shame.  

Although Brennan denied it, numerous delusions drawn from the fake dossier were placed in the formal intelligence assessment to give it the sustenance that it otherwise lacked. Armed with both fallacious documents, Comey then met with Trump later that day in a devious but misbegotten scheme to entrap him. It failed miserably because the newly elected president had no idea what the FBI director was talking about.        

Obama’s dirty fingerprints were all over the cooked-up intelligence claiming that Moscow helped Trump in some grand collusion conspiracy. On Wednesday, Gabbard held a news conference to lift the veil of secrecy and malevolence. She leveled the following broadside:  

‘President Obama, Hillary Clinton, John Brennan, James Clapper, James Comey and others, including their mouthpieces in the media, knowingly lied as they repeated the contrived narrative that was created in this January 2017 intelligence community assessment with high confidence, as though it were fact.’   

Mincing no words, Gabbard accused Brennan of lying about his use of the dossier even though he knew it was a discredited and politically manufactured document. ‘He directed senior CIA officials to use it anyway,’ she said.  

Other intel agencies that typically contribute to the assessment were deliberately excluded to stifle dissent. 

As ‘irrefutable proof,’ she unlocked the 2020 report of the House Intelligence Committee that had never before been seen publicly, thanks to the machinations of then-Rep. Adam Schiff, D-Calif., who buried it as classified in a limited-access vault at CIA headquarters. The report outlined in detail the events that I summarized above. 

It was easy to do so because many of them are contained in the book I wrote six years ago, ‘Witch Hunt:’ ‘John Brennan was instrumental in proliferating the dossier. But even before the Clinton campaign and Democrats funded Christopher Steele’s project to smear Trump with the collusion hoax, the seeds of the collusion narrative were germinated by none other than Brennan.’ (Pages 66-67)  

I recounted how Brennan boasted to the House Intel Committee in May of 2017 that he had been the first to alert the FBI about collusion. ‘As he exerted uncommon pressure on the FBI to pursue a counterintelligence probe on Trump, he resolved to help spread the false allegations to Congress and the media. He politicized phony intelligence and instigated the fraudulent case against Clinton’s opponent.’ (Page 68) 

The Russians never had ‘Kompromat’ (compromising material) on Trump, as the dossier falsely accused. But they apparently did have it on Hillary. And that proved quite a stunner on Wednesday.  

The heretofore hidden House Intelligence report reveals how Russian intelligence ‘possessed DNC communications that in 2016 Clinton was suffering from ‘intensified psycho-emotional problems, including uncontrolled fits of anger, aggression, and cheerfulness.’ Clinton was placed on a daily regimen of ‘heavy tranquilizers’ and while afraid of losing, she remained ‘obsessed with a thirst for power.’’  

Obama and Democrat Party bosses apparently knew all about Clinton’s mental instability and found it ‘extraordinarily alarming.’ So much so, they worried it might have a ‘serious negative impact’ on the November election.    

Unlike the dossier, those shocking discoveries were not just idle gossip. The committee reviewed reams of source material and obtained corroboration during some 20 interviews with FBI agents and intelligence officers.  

How did the Russians get their hands on the damaging material? The report explains that Putin ordered hacking operations on the Clinton campaign and the Democratic National Committee. It seems that since Putin believed Hillary would win the election, he held the ‘Kompromat’ in his back pocket to use as potential blackmail for later use. 

His challenge was devising a way to contort the known evidence and contradict the consensus of nearly everyone else in the intelligence community. No problem. CIA experts on Russia who strenuously objected were sidelined and silenced.

In sending a criminal referral for possible prosecution to the Justice Department, Gabbard stated, ‘The evidence that we have found and that we have released directly point to President Obama leading the manufacturing of this intelligence assessment.’ 

In response, the DOJ announced that it had formed a ‘strike force’ to fully assess all the evidence and to investigate the next legal steps. Attorney General Pam Bondi vowed to ‘leave no stone unturned to deliver justice.’  

Obama denies any wrongdoing. But he should thank Trump for winning the recent landmark Supreme Court decision that provides all presidents with immunity. Ironically, the former president can now hide behind its broad protections. However, no such shield extends to others involved.  

It is folly to predict at this stage what prosecutions, if any, the future may hold. But the stain of corruption is already embedded in the epitaph of Obama’s presidency.   

This post appeared first on FOX NEWS

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