Young Wisconsin man dies from asthma attack after price of inhaler skyrocketed nearly $500: lawsuit

https://abc7chicago.com/post/cole-schmidtknecht-dies-asthma-attack-price-advair-diskus-inhaler-skyrocketed-500-lawsuit/15862168/

A young Wisconsin man died from an asthma attack after the price of his inhaler skyrocketed nearly $500, according to a lawsuit filed by his family.

From birth, Cole Schmidtknecht suffered from chronic asthma that he treated with an Advair Diskus inhaler that cost him no more than $66.

That changed last year when OptumRx, a subsidiary of UnitedHealth Group, decided it would no longer cover the inhaler Schidtknecht used for a decade.

On January 10, 2024, Schmidtknecht, 22, went to his local OptumRx-Walgreens pharmacy in Appleton, Wisconsin, expecting to fill his usual prescription when he was advised by Walgreens that his medication was no longer covered by his insurance and would cost him $539.19 out of pocket, according to the lawsuit.

He was given no notice and, the lawsuit said, Walgreens did not offer him a generic alternative “and further told Cole that there were no cheaper alternatives or generic medications available.”

Unable to afford the inhaler, he left the store without it.

“Over the next five days, Cole repeatedly struggled to breathe, relying solely on his old ‘rescue’ (emergency) inhaler to limit his symptoms, because he did not have a preventative inhaler designed for daily use,” the lawsuit continued.

On January 15, 2024, Cole suffered a severe asthma attack and never woke up. He was pronounced dead January 21.

His parents are now suing Walgreens, its parent company Boots Alliance and Optum Rx, the pharmacy benefits manager, for negligence.

“Defendant OptumRx had a duty to not artificially inflate prescription drug prices for medications such as Advair Diskus for insured patients, including Cole Schmidtknecht, making them so unaffordable that patients could not obtain the medications their physicians prescribed,” the lawsuit said. “Walgreens Defendants failed to exercise reasonable care in that they knew, or should have known, of the unreasonable risk of harm to asthmatic patients, including Cole Schmidtknecht, that would result from their failing to provide him with Advair Diskus or a medically equivalent alternative medication at an affordable price at the point of service.”

The lawsuit comes less than two months after the assassination-style killing of United Healthcare CEO Brian Thompson, whose death renewed debate about how health insurance companies treat their customers.

US Billionaire Wealth Surges to $8.1 Trillion as Affordability Crisis Hammers Working Class

https://www.commondreams.org/news/us-billionaire-wealth

“Billionaires are raking in staggering profits off the backs of ordinary workers,” said Chuck Collins of the Institute for Policy Studies.

The collective wealth of US billionaires surged to $8.1 trillion in 2025 as working-class Americans faced a cost-of-living crisis made worse by President Donald Trump’s tariff regime and unprecedented assault on the social safety net.

An analysis released Friday by the Institute for Policy Studies (IPS) found that the top 15 US billionaires saw the largest wealth gains last year, with their collective fortune growing from $2.4 trillion to $3.2 trillion. That 33% gain was more than double the S&P 500’s 16% increase in 2025.

What IPS describes as the “elite group” of US billionaires includes Tesla CEO Elon Musk, the richest man in the world; Google co-founder Larry Page; Amazon founder Jeff Bezos; and Oracle executive chairman Larry Ellison.

IPS emphasized that “these staggering combined billionaire wealth totals come as the Trump-GOP budget bill passed in 2025 defunded health insurance, food stamps, and other vital anti-poverty safety net programs, in order to pay for tax cuts for the wealthy and budget increases for militarism and mass deportations.”

“The affordability crisis is hitting ordinary Americans particularly hard as we head into the new year, but not everyone is feeling the pain: Billionaires are raking in staggering profits off the backs of ordinary workers,” Chuck Collins, director of the Program on Inequality and the Common Good at IPS, said in a statement.

“These extreme concentrations of wealth and power,” Collins added, “undermine our daily lives and further rig our economy in favor of the ultra-rich and corporations, while ordinary Americans get a raw deal once again.”

IPS released its analysis days after Bloomberg reported, based on its Billionaires Index, that the world’s 500 richest people gained a record $2.2 trillion in wealth last year.

Omar Ocampo, an IPS researcher, said that in the US, billionaires are “paying far less in taxes compared to the huge amount of wealth they amass,” allowing them to continue accumulating vast fortunes, supercharging inequality, and using their wealth and influence to subvert reform efforts.

“Not only are a small number of Americans holding more wealth than the rest of America, but they’re also not paying their fair share in taxes,” said Ocampo.

The new report comes as families across the US struggle to make ends meet amid high and still-rising prices for groceries, housing, and other necessities. A Century Foundation survey released last month found that “roughly three in 10 voters delayed or skipped medical care in the past year due to cost, while nearly two-thirds switched to cheaper groceries or bought less food altogether.”

 

Minnesota day care hoax is fueled by MAGA psychosexual weirdness

OK let’s discuss the hidden thing here.  A 20 plus year old claims he has never had sex.  I remember being a 16 yr old newly inducted into the SDA church.  Any touching of your male members was a huge sin they constantly harped on.  I did try, but seriously, a teen boy with my history but any normal teen boy is going to do the deed to get off.  And for many of them it leaves them with after crippling guilt of not pleasing their god who watched them do it.  God is a perv.   I can’t tell you the number of boys in that church school I hugged with and they cuddled with me … but we never had sex.  Two wanted to but if I got thrown out of the school I had to return to the brutal home I was using the school to escape from.  But the idea of just ignoring one’s hormone driven sex drive is not healthy and the religious leaders pushing that all did it when they were teens.  But the grift has to be kept up.  Hugs

https://www.salon.com/2026/01/05/minnesota-day-care-hoax-is-fueled-by-maga-psychosexual-weirdness/

The racism underlying MAGA’s latest obsession is intertwined with misogyny

Senior Writer
MAGA influencer Nick Shirley speaks during a roundtable discussion on antifa at the White House on Oct. 8, 2025. ( Anna Moneymaker/Getty Images)
MAGA influencer Nick Shirley speaks during a roundtable discussion on antifa at the White House on Oct. 8, 2025. ( Anna Moneymaker/Getty Images)
Nick Shirley really wants the world to know that he’s never had sex. The YouTuber who moved from “prank” videos to the more lucrative world of creating MAGA disinformation apparently believes that sexual inexperience is an armor against accusations that he’s a liar. “I’m a virgin. I don’t have sex with random girls. You’re not gonna catch me on those sexual allegation charges,” he rambled on “PBD Podcast,” insisting that he is “religious” and doesn’t “have any vices.”
 

A deeper dig shows even more how ridiculous this situation is. Shirley has a history of dishonesty, which includes paying immigrant laborers to hold pro-Biden signs, clearly hoping voters would think they were self-motivated. In another video, he claimed Portland had “fallen” and “antifa” had taken “control of the city,” an unvarnished lie.

CNN verified that children were being dropped off at a day care center Shirley had targeted. The Minnesota Star Tribune visited the day cares in question and found, when they were allowed access, children playing and napping peacefully. CBS News reviewed security footage showing kids being dropped off at one targeted center. Others were indeed empty; they had gone out of business before Shirley filmed outside the buildings.

Shirley stands accused of lying for racist reasons, so his “but I’m a virgin” defense is irrational — at least on the surface. But it makes more sense, in a psychosexual way, in light of the right’s long-standing fear and loathing of day cares.

Shirley stands accused of lying for racist reasons, so his “but I’m a virgin” defense is irrational — at least on the surface. But it makes more sense, in a psychosexual way, in light of the right’s long-standing fear and loathing of day cares. After all, the scandal Shirley is exploiting isn’t really about day cares. It’s about a larger case in Minnesota of Feeding Our Future, a fraudulent food pantry that was run by Aimee Bock, a white woman who was convicted in March of cheating taxpayers out of nearly $250 million of pandemic funds. While Bock was the mastermind, other defendants in the case are Somali American. On Dec. 30, a federal judge cleared the way for the government to seize $5.2 million in assets from Bock.

If Shirley was only interested in building his hoax on that existing and very real case, he could have targeted anti-hunger charities for his fake sting. Instead, he went after day cares, which are only tangentially related insofar as they are — along with churches, mosques, schools and community centers — sites that were supposed to get assistance from the fraudsters but never received it.

These businesses were picked almost certainly because Shirley and his colleagues have tapped into the long-standing tendency of paranoid reactionaries to make day cares the subject of conspiracy theories. Along with birth control and abortion — whose providers are also smeared constantly with right-wing lies — day care is loathed on the right for allowing women to work instead of being financially dependent on a husband. In the 1980s, day care workers were accused of being Satanists. Now, during the MAGA era, the scapegoat for men’s fears of female independence has shifted from imaginary devil-worshippers to real immigrants. White women are implicitly accused of using immigrant labor as a cheat to avoid their god-given duty to quit work to stay home and raise babies. Vice President JD Vance has been especially loud with his belief that day care is pushing women away from their supposedly inherent desire to be housewives.


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Vance almost certainly doesn’t believe his own narrative. For one thing, it’s illogical to believe women would think, “Gosh, I want nothing more than to stay at home, but if there’s a day care down the street, I guess I have to use it.” His own wife has been outspoken about how much she loved working at her law firm that offered on-site childcare — and how much she misses it. But Vance has apparently decided that the bulk of support for his 2028 presidential bid will be rooted in the world of extremely online, sexually dysfunctional misogynists that love shady influencers like Shirley. The vice president’s messaging strategy has long been focused on this loose conglomerate known as the “manosphere”: bitter divorced men, “incels” (involuntarily celibates) and devotees of the “red pill,” an ideology that holds that dating and marriage aren’t about love but about men tricking or forcing women into submission.

The manosphere isn’t just deeply misogynist; it’s also incredibly racist. For liberals taking a cursory glance into that world, it can be very confusing how MAGA men can somehow blame immigrants for their own dating woes. But in the cesspool of incoherent resentment that Vance is clearly absorbing, the alleged evils of feminism and immigration are seen as part of a larger “woke” conspiracy against the white man. Before he died, Turning Point USA founder Charlie Kirk often posted about how “who we actually can’t stand are angry, liberal, white women.” He would portray white women as idiots for not perceiving immigrants as a threat. “If woke is a mind virus,” he posted, “then white college indoctrinated women are the most susceptible hosts.” Influencers like LibsofTikTok hold up white women who resist mass deportations as selfish ninnies who just want to keep their babysitters.

Shirley has engaged in this rhetoric himself. “White liberal women tend to support the people that steal and rob from them,” he claimed in one post. Another was more ominous: “Liberal white womens [sic] logic and empathy will get them killed eventually.”

In this toxic stew of sexual resentment, misogyny and racism, it makes more sense that Shirley thinks his virginity is relevant. Anti-immigrant sentiment is woven into a larger MAGA narrative about expelling allegedly decadent and foreign influences. White male dominance, people like Shirley believe, can be restored by adhering to strict sexual and social mores prescribed by right-wing Christianity. Abstaining from sex until marriage is part of a larger program meant to produce male-dominated marriages,  where wives are too busy with large broods of white children to hold jobs. Attacking Black immigrants at a day care center has powerful symbolic resonance; it’s seen as an important front in a war both to make America whiter and to restore white women to a submissive role in the home.

The irony is that Shirley’s diatribe about his sexual status only underscores how much the attack on the day cares is not, contrary to his claims, driven by a nonpartisan, disinterested desire to end fraud. That much was always obvious. Shirley loves Donald Trump, who is himself a convicted fraudster who continues to use his office to enrich himself in blatantly corrupt ways. Shirley has followed the president’s lead — he, too, has a long history of posting racist vitriol about immigrants.

But bringing his sexuality and views on gender relations into the discussion — when no one else has done so — suggests that those issues aren’t far from mind, either. The fixation on “purity” is a common fascist obsession, manifesting in backwards fantasies of racial and sexual purity. None of this has any relation to the real world where people of all races and genders are just trying to do their jobs, raise their children and live their lives.

Mike Johnson brags about ‘a great year.’ House Republicans are discussing his replacement.

Mike Johnson brags about ‘a great year.’ House Republicans are discussing his replacement.

Other than the reconciliation bill, House Republicans say they have little to show for their time controlling Washington.

Speaker of the House Mike Johnson speaks with reporters filming him on their phones.
Speaker of the House Mike Johnson outside his office at the Capitol on Dec. 3, 2025.Andrew Harnik / Getty Images

Did Maduro’s Dancing Prompt Trump To Attack Venezuela? | No Regime Change | Another War For Oil

Five years later, these 10 corporations still aren’t funding election deniers

https://popular.info/p/five-years-later-these-10-corporations

Jan 06, 2026

Trump flags fly as rioters take over the steps of the Capitol on the East Front on Wednesday, Jan. 6, 2021. (Bill Clark/CQ-Roll Call, Inc via Getty Images)

Five years ago today, on January 6, 2021, a violent mob stormed the Capitol building. Following the attack, over a hundred major companies released statements condemning the insurrection and promising to stop donating to the 147 members of Congress who voted to overturn the 2020 election, or to halt all political donations entirely.

Since returning to office, President Trump has continued to push false claims that the 2020 election was “rigged,” “stolen,” and filled with “fraud.” On Trump’s first day as president, he issued sweeping pardons and commutations for some of those involved in the Capitol insurrection. In a presidential action, Trump wrote that the pardons and commutations ended “a grave national injustice.”

The current members of Congress who voted to overturn the 2020 election have embraced Trump’s return to the White House. None has expressed any regret for their vote.

Nevertheless, most companies that pledged to stop donating to these lawmakers have broken their promise.

After January 6, 2021, for example, a Cigna spokesperson gave CNN the following statement:

There is never any justification for violence or the kind of destruction that occurred at the U.S. Capitol last week – a building that stands as a powerful symbol of the very democracy that makes our nation strong. Accordingly, CignaPAC will discontinue support of any elected official who encouraged or supported violence, or otherwise hindered a peaceful transition of power.

Cigna, however, has since donated hundreds of thousands of dollars to lawmakers who voted to overturn the election. In April 2021, a spokesperson for the company told the New York Times that resuming donations to members of Congress who voted to overturn the election did not violate its pledge because congressional voting is “by definition, part of the peaceful transition of power.” Cigna argued that its pledge only applied to “those who incited violence or actively sought to obstruct the peaceful transition of power through words and other efforts.”

Comcast pledged to “suspend all of our political contributions to those elected officials who voted against certification of the electoral college votes” after January 6, 2021. In a statement at the time, the company wrote, “The peaceful transition of power is a foundation of America’s democracy.”

Comcast, however, has since broken its pledge and donated hundreds of thousands of dollars to lawmakers who voted to overturn the election. Comcast also donated $1 million to Trump’s 2025 inaugural fund and was among the donors to Trump’s new White House ballroom, according to a list released by the White House.

After January 6, 2021, a spokesperson for General Mills said it had “suspended contributions to any member of Congress who voted to override the results of the U.S. presidential election.” In January 2025, Popular Information reported that the company had thus far upheld its pledge. Last year, however, General Mills resumed donations to lawmakers who voted to overturn the election. On March 27, the company donated $1,000 to Representative Kevin Hern (R-OK). On June 12, the company donated $1,000 to Representatives Glenn Thompson (R-PA) and Adrian Smith (R-NE), and an additional $1,000 to Hern.

Popular Information is an independent newsletter dedicated to accountability journalism since 2018. It is made possible by readers who upgrade to a paid subscription.

The promise keepers

While many companies have broken the pledges they made after January 6, 2021, some companies have kept their promises. Popular Information identified 10 companies that have upheld their promise to stop donating to members of Congress who voted to overturn the 2020 election

Farmers Insurance

Following the Capitol insurrection, former Farmers Group CEO Jeff Dailey released a statement promising to suspend political donations. “Like many Americans, we were horrified by the acts of violence that took place in our nation’s capital. While we recognize and support all Americans’ right to peacefully protest and exercise free speech, we strongly condemn acts of violence and hateful rhetoric,” Dailey said in the statement, according to CNN. Since January 6, 2021, the insurance company has kept its promise and has not donated to any members of Congress who voted to overturn the election.

Unlike Farmers Group, several other insurance companies — including Blue Cross Blue Shield and Allstate — broke their promises to withhold their money from those who voted against certifying the 2020 election results.

Airbnb

After January 6, 2021, Airbnb released a statement promising to withhold donations from those who voted against certifying the election. “Airbnb strongly condemns last week’s attack on the US Capitol and the efforts to undermine our democratic process,” the company said. The company also released a safety plan for the 2021 inauguration, including canceling Airbnb reservations in Washington, D.C., made by those associated with a hate group and banning individuals involved in the Capitol insurrection from the platform. Since January 6, 2021, Airbnb has kept its promise and has not donated to any members of Congress who voted to overturn the election.

Expedia Group

While Expedia Group and Airbnb have not given any money to election deniers since 2021, other travel and hospitality companies have reneged on their vows to do the same. Marriott International and Hilton Worldwide, for example, both donated to former Republican House Speaker Kevin McCarthy.

Nike

In January 2021, Nike released a statement promising to halt donations to members of Congress who voted to overturn the election. “Nike’s Political Action Committee (PAC) helps our employees support elected officials who understand our business and whose values align with our mission of serving athletes. These nonpartisan values rely upon upholding the principles of democracy,” the statement said. “Nike’s PAC will not support any member of Congress who ignores these principles, including those who voted to decertify the Electoral College results.” Since the Capitol insurrection, Nike has kept its promise and has not donated to any members of Congress who voted to overturn the election.

Clorox

Since 2021, Clorox has not donated any money to election deniers’ campaigns. Ecolab, a company selling similar products to Clorox’s, promised to stop donating to all congressional candidates, according to CNN. But during the 2024 election cycle, Ecolab donated thousands of dollars to Representative Steve Scalise (R-LA), Hern, and other members of Congress who tried to overturn the 2020 election.

Eversource Energy

On January 13, 2021, Eversource Energy, a large electricity provider in the Northeast, announced that it would not donate to any of the members of Congress who voted against certifying the 2020 election results. In a statement, Eversource’s Chief Communications Officer Jim Hunt said, “at Eversource, we were deeply disturbed by the intentional disruption of our democratic process and the violence that occurred at the Capitol last week.”

Eversource has kept its promise not to donate to any election deniers and has made few political contributions in general. NRG Energy, a competing electricity provider serving some of the same states as Eversource, also promised not to donate to any election deniers, but has since reneged.

Holland & Hart LLP

Holland & Hart, among the top 200 earning law firms in the world, has not donated to anyone who voted to overturn the 2020 elections. In contrast, Cozen O’Connor, an even bigger firm, reneged on its promise.

Qurate Retail

Unlike other retail brands like Amazon and Walmart that have not followed through on their vows not to give money to election deniers, Qurate Retail — which has since been rebranded as QVC Group — has kept its promise.

Lyft

Lyft has kept its promise to withhold donations to election deniers after January 6. While Uber never made such a promise, the company and its CEO donated $2 million to Trump’s inauguration fund.

Whirlpool

Whirlpool has not given any money to people who voted to overturn the 2020 election. The company terminated its political action committee in 2023.

Get the Facts: Is Venezuela a primary drug trafficker to the United States?

It was all a lie.  Rubio has always pushed for regime change in Cuba, and may experts say it should start with Venuzalia.  Rubio doesn’t care about the oil, he wants all support for Cuba stopped so the US can go into Cuba and return it to what his family fled so many years ago when they were abusing the locals for profit.  It is all a personal agenda he hopes will lead him to the presidency.  Hugs


https://www.wtae.com/article/venezuela-drug-trafficking-cocaine-fentanyl/69676930

WTAE logo

Updated: 4:23 PM EST Jan 3, 2026

The Trump administration has set its sights on Venezuela in its latest campaign against illegal drugs, but data shows that the country is responsible for just a sliver of drug trafficking directly to the United States.

The Get the Facts Data Team analyzed data on cocaine and fentanyl trafficking. While Venezuela is a player in cocaine manufacturing and trafficking, drug seizure data shows that it’s not as prominent a supplier of cocaine to the U.S. as other South American and Latin American countries.

There is also no evidence that any significant level of illegal fentanyl — the primary killer in U.S. overdose deaths — is produced in South America, according to the United Nations Office on Drugs and Crime (UNODC).

UNODC analyzes global drug trafficking based on reporting from its member states, open sources and drug seizure information.

Most illegal fentanyl enters the U.S. from Mexico, per UNODC and the U.S. Drug Enforcement Administration. Illicit fentanyl can also be diverted, or stolen, from legal sources as medical professionals use the drug.

Yet President Donald Trump has linked his administration’s attacks on drug vessels in Latin America to the fentanyl crisis, among other drugs.

After the Sept. 19 attack on a boat in the Caribbean that killed three people, Trump posted on Truth Social, claiming that the boat was carrying drugs and headed for America. “STOP SELLING FENTANYL, NARCOTICS, AND ILLEGAL DRUGS IN AMERICA,” his post said.

The next day, in a speech, Trump said that thousands are dying because of “boatloads” of fentanyl and drugs. He’s also repeatedly said that each boat strike would save 25,000 lives.

As of Friday, the number of known boat strikes was 35, and the number of people killed stands at least 115, according to the Trump administration.

Previously, Trump said that the U.S. is engaged in an “armed conflict” with drug cartels and has justified the boat strikes as necessary to stem the flow of drugs into the U.S. Hearst Television’s partner PolitiFact labeled that 25,000 number mathematically dubious.

Maduro’s capture on Jan. 3

On Saturday, the Trump administration struck Venezuela in a new, stunning way, capturing its leader, Nicolas Maduro, and his wife. Both are being taken to the United States to face charges related to drug trafficking.

The strike followed a monthslong Trump administration pressure campaign on the Venezuelan leader, including a major buildup of American forces in the waters off South America and attacks on boats in the eastern Pacific and Caribbean accused of carrying drugs. Last week, the CIA was behind a drone strike at a docking area believed to have been used by Venezuelan drug cartels — the first known direct operation on Venezuelan soil since the U.S. began strikes in September.

Venezuela’s role in cocaine trafficking

Venezuela is not among the primary direct traffickers of cocaine to the U.S.

Like fentanyl, most cocaine enters the U.S. from Mexico and typically gets to Mexico via maritime transportation on both the Pacific and Caribbean sides, according to UNODC research officer Antoine Vella. Some also arrives in Mexico via land transportation.

While the Trump administration’s early September attacks targeted Venezuelan boats, there is no known direct cocaine trade route from Venezuela to the U.S. via sea. The only known direct Venezuela to U.S. trafficking route is via air, according to drug seizure data from UNODC. Cocaine could still arrive from Venezuela to the U.S. through intermediary countries.

Colombia, Ecuador and Panama are among the main direct traffickers of cocaine to the U.S. via boat.

From harvest to production

Coca, the plant that cocaine is made from, is grown primarily in Colombia, Peru and Bolivia.

 

 

Once coca is harvested, the cocaine in the leaf needs to be extracted. That processing occurs at illegal manufacturing facilities around the globe.

The three coca-growing countries also have the most illegal processing facilities. Colombia had by far the most of any country at about 26,400 detected and dismantled from 2019 to 2023, according to UNODC data. It’s followed by about 3,200 processing facilities in Bolivia and 2,400 in Peru.

Venezuela, which neighbors Colombia, had about 260 illegal processing facilities detected and dismantled from 2019 to 2023, according to UNODC data. It’s ranked fifth among countries with the most processing facilities.

“Every country that borders Colombia has an issue with cocaine in terms of cocaine trafficking,” Vella said.

 

Trump says the U.S. government may reimburse oil companies for rebuilding Venezuela’s infrastructure

No healthcare subsidies, no money to feed poor people or kids who need government help to have lunch.  As a kid often the only meal I got was lunch at school.   No one monitored if I paid or not I was given food to eat like every other kid.   In Jr / Senior high school, say from 13 to 18 again my only meal was lunch or snacks at school.  But yes the tRump admin was cutting every safety net program and even halting child care so it hurts Walz, and stopping FEMA funds to states run by democrats among other cuts to already congress approved funding.   All illegally I will add but the republicans in congress are too scared of tRump to object to his being a tyrant.   But we have plenty of money for companies and businesses to extract oil.   

On The Majority Report I am listening to an oil person saying that the price of oil has fallen below $50 a barrel because of a glut on the market, and that Venezuelan oil is “sour oil” meaning it is hard to refine.  He says that to make a profit on that prices have to be over $80 dollars a barrel.   Which means this demented daydream of Rubio’s and Miller’s is not about oil so much as territorial control over other countries and Rubio has long wanted Cuba to fall to the US so his parent’s lands and money can be claimed from the rightful owners of it now.   Rubio’s family fled Cuba as refugees and lost all their holdings in Cuba, he has made a career of wanting it all back and toppling Castro.  But … well Rubio and the neocons claim that if we can make Venzualia fall into line then all the other Latin American countries will fall in line also and Cuba’s government will be destroyed.  Just like if we take out Saddam Hussein then the entire Middle East will embrace democracy.   Same story different location.   And it is all lies.  Just an excuse to use the US military might and have a reason to deny any public relief or safety nets at home.   Hugs


https://www.nbcnews.com/business/energy/trump-venezuela-oil-companies-reimburse-rcna252434

Big oil firms will either “get reimbursed by us or through revenue,” Trump told NBC News in an exclusive interview.

President Donald Trump said he believes the U.S. oil industry could get expanded operations in Venezuela “up and running” in fewer than 18 months.

“I think we can do it in less time than that, but it’ll be a lot of money,” Trump told NBC News in an interview Monday.

“A tremendous amount of money will have to be spent, and the oil companies will spend it, and then they’ll get reimbursed by us or through revenue,” he said.

Whether the U.S. government ultimately agrees to reimburse the oil industry’s costs in Venezuela, or alternatively, decides that future revenue is sufficient repayment, will likely be a key factor for the oil companies as they consider their options.

Trump declined to say how much money he believes it would cost companies to repair and upgrade Venezuela’s aging oil infrastructure.

“It’ll be a very substantial amount of money will be spent” by the oil companies, Trump said. “But they’ll do very well.”

“And the country will do well,” he added.

Despite Trump’s optimism, oil companies have appeared skeptical of quickly entering, expanding or investing in Venezuela. A history of state asset seizures, the ongoing U.S. sanctions and the latest political instability all feed into this caution.

Trump said he believed that tapping Venezuela’s oil reserves is “going to reduce oil prices.”

Gas prices are already at multiyear lows. The average retail gas price on Monday was $2.81, according to AAA. That’s the lowest since March 2021.

“Having a Venezuela that’s an oil producer is good for the United States because it keeps the price of oil down,” Trump also added.

While lower oil prices could make gas cheaper at the pump, it would likely also mean lower revenues for the same big oil companies that Trump is counting on to bankroll the rebuilding of Venezuela’s oil industry to the tune of billions of dollars in foreign investment.

Asked if the administration had briefed any oil companies ahead of Saturday’s military operation to capture deposed Venezuelan leader Nicolás Maduro, Trump said, “No. But we’ve been talking to the concept of, ‘what if we did it?'”

“The oil companies were absolutely aware that we were thinking about doing something,” Trump said. “But we didn’t tell them we were going to do it.”

Trump told NBC News it was “too soon” to say whether he had personally spoken to top executives at America’s three largest oil producers, Exxon Mobil, Chevron and ConocoPhillips.

“I speak to everybody,” he said.

ConocoPhillips declined to comment Monday on Trump’s plans for Venezuela’s oil reserves. Chevron told NBC News it does not comment “on commercial matters or speculate on future investments.” Exxon did not immediately respond to questions.

Energy Secretary Chris Wright plans to meet with executives from Exxon and ConocoPhillips this week about Venezuela’s oil industry, Bloomberg News reported Monday, citing people familiar with the matter.

Wright will be a point person for the Trump administration’s broader campaign to rebuild Venezuela’s oil infrastructure, a White House official said Monday.

The Trump administration has repeatedly claimed that the U.S. oil industry is eager to return to Venezuela, nearly two decades after the country last nationalized billions of dollars’ worth of oil company assets.

“They want to go in so badly,” Trump told reporters Sunday evening.

Despite Venezuela’s massive reserves of crude oil, large U.S. oil firms have a good reason to pause before committing to expand operations in Venezuela.

In the 1970s, the Venezuelan government nationalized energy assets there, including those owned by Exxon Mobil and ConocoPhillips. In the years since, the companies have tried unsuccessfully to recover billions of dollars.

In 2006 and 2007, the Venezuelan government nationalized even more assets. Then-President Hugo Chávez allowed foreign oil firms to remain, but on less favorable terms, leading to the full departure of Exxon and Conoco.

Chevron, however accepted the terms and remains to this day, thanks in large part to a limited waiver exempting it from U.S. sanctions on Venezuelan oil.

Exxon Mobil CEO Darren Woods recently expressed caution about re-entering Venezuela.

“We’ve been expropriated from Venezuela two different times,” he told Bloomberg News in November, replying to a question about whether Exxon would be interested in Venezuela’s oil or gas. “We’d have to see what the economics look like.”

This Is EXACTLY How Trump Wanted Schumer To React…

Let’s talk about Trump, chess, Venezuela, Ajax….