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Why Helium Could Be The Hottest Commodity Play Of 2022

Helium is already 100x more expensive than natural gas—even with skyrocketing oil and gas prices. And the helium land rush is on in full force. It’s made easier by the fact that the bulk of helium comes from natural gas fields, and what investors.

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Helium is already 100x more expensive than natural gas—even with skyrocketing oil and gas prices.

And the helium land rush is on in full force.

It’s made easier by the fact that the bulk of helium comes from natural gas fields, and what investors should be paying attention to now is the largest conventional gas field in the United States.

This is where we could find the biggest potential beneficiary of a helium shortage that will dictate the future of everything from supercomputing and space travel to MRIs and medical research across the board.

Helium plays in general are strong bets because we no longer have a federal reserve of helium—as of this year—and we’re looking at an extremely tight supply picture coupled with fast-growing high-tech demand.

But Total Helium (TSX.V:TOH) is the furthest along and its advantages are clear …

It has a helium play in the biggest conventional natural gas field in the United States, Hugoton, in the Kansas-Oklahoma panhandle.

The company reports it already has a deal with a member of the helium oligopoly—Linde (NYSE:LIN), one of the biggest downstream companies in the sector.

And it’s got superb sponsorship: Behind Total Helium is Craig Steinke, the founder of Reconnaissance Africa, the bold junior explorer taking on the giant Kavango Basin in Namibia and Botswana, with an estimated potential of 120 billion boe.

Here are 5 reasons we plan to keep a very close eye on Total Helium (TSX.V:TOH) right now:

#1 The Biggest Helium Play in North America

Discovered in 1922, the Hugoton natural gas field isn’t just the largest in the United States—it’s reportedly the largest conventional gas play in all of North America.

It has a potential 75 trillion cubic feet of recoverable natural gas.

And it’s not only the historical center of conventional natural gas production—it's a helium behemoth that’s already produced approximately 300 BCF of helium.

Now, Total Helium is expanding this massive field, armed with new technology and a market that will be starving for more helium supplies.

So far, Total Helium has approximately 86,000 acres of leases on hand at Hugoton—about 46,000 in leases and about 40,000 in farmout agreements with Scout Energy, one of the largest producers in the basin.

And the leasing campaign is still ongoing. The end game here is said to be a 1.65 million-acre extension.


And Total Helium’s extension area is said to have proven concentrations of helium:


Total Helium (TSX.V:TOH) is targeting 70 billion cubic feet of helium here, along with 8.5 trillion cubic feet of produced gas, enriched with liquids.

They estimate that the average well they drill could be able to produce over 27,000 Mcf of helium.

At today’s natural gas and helium prices, we think this is a play that’s hard to beat, and there’s even more upside here when we consider the methane potential …

So why hasn’t Hugoton been on the mainstream radar in recent years?

In the previous century, this was a monster gas producer for the United States. But a lack of technology kept us from realizing its full, continued potential. And then the shale boom hit. The advent of fracking—even though exorbitantly expensive and environmentally questionable—took all attention away from the technology to recover Hugoton’s remaining gas riches.

A key issue was water.

While the rest of the world was distracted by unconventional oil and gas, Steinke—a long-time wildcatter—found a different niche: proven reservoirs with high water concentrations. This is what Hugoton is. And without the right technology, it can be just as challenging as fracking.

But that technology now exists, and while the world has remained distracted … Steinke has not.

Steinke and his team are experienced in this kind of reservoir. Now, in Hugoton, they have a significant injection zone for the additional volumes of water that get produced. Hugoton was a problem earlier on because no one had the right technology to be able to handle the water. Total Helium does. Water disposal is an important part of the economic equation here.

This is a natural gas, methane, and helium play, and with the right water disposal system, which is said to have been already secured, it should be easy to get at.

Geological storage studies have already been completed and engineering studies are underway.

Everything appears to be lined up for this play and the critical infrastructure is in place, with a massive pipeline network.

#2 Soaring Gas Prices as First Wells Are Spudded

Total Helium (TSX.V:TOH) started drilling its first well, Boltz 35B, on November 14th. The process includes installing a 3-phase power for operating a submersible pump, building a pipeline connection to sell produced gases, and establishing disposal lines for connecting the well to the existing salt-water disposal well.

In December, they intend to start testing, completion, and production at Boltz 35B.

This one is moving fast, and the news flow from now through the end of the year could be extremely defining for this exciting new stock.

All the more so when the company’s projected return on investment for a single well is 877%.


* RPS Competent Person Report –P50 Case

Total Helium says it will also be keeping costs down by paying their farmout partner, Scout Energy, 15 cents per barrel for disposal, which is a very nominal fee—even when you have agreed to sell Linde 10,000 Mcf of helium per month at $212 per Mcf—the discounted price until Linde recoups its investment. Anything beyond that 10,000 Mcf will could go at market price for up to $500 per Mcf. And even at $212/Mcf, it’s profitable.

And we think there is plenty of additional upside here, as well.

Total Helium’s total prospect area is approximately 1.65 million acres, representing a 19x growth opportunity.

There’s even more upside in the potential to competitively bid up excess helium, which is selling for anywhere between $300/Mcf to $600/Mcf. That excess helium alone has a potential for a 1.8x growth scenario for Total Helium.

Finally, the company’s helium storage JV with Linde has ongoing revenue potential.

#3 Total Helium Has Critical Partnership & Sponsorship

A partnership with a huge multinational industrial gas company makes this opportunity a rare one for a junior player.

Linde (NYSE:LIN) is a $160-billion-market-cap major that provides atmospheric gases to customers in multiple trillion-dollar industries, from petroleum refining, aerospace, electronics, and healthcare to manufacturing, food and beverage, chemicals and water treatment industries.

This isn’t just any partnership deal. Total Helium (TSX.V:TOH) and Linde have a JV deal that may see them create the only alternative helium storage facility to the U.S. federal helium reserve in the entire world. The U.S. federal helium is planned to be auctioned off to private investors.

This partnership deal also looks like an ideal setup for generating cash flow for Total Helium. The company has already received $950,000 in the form of an upfront payment from Linde. And they’re set to receive another $950,000 as they spud their first wells.

They also have a $360,000 consulting contract with Linde for establishing underground helium storage facilities, with 50/50% ownership deal.

So far, Total Helium has generated over $2.2 million in current and upcoming cash flows from its partnership with Linde.

The deal with Linde isn’t the only thing that sets Total Helium apart. This is a level of sponsorship we don’t often see in a small-cap play like this.

The man behind Total Helium, Craig Steinke, is also behind the most exciting oil play we’ve seen in a decade, at least—Recon Africa’s Kavango Basin with an estimated potential of up to 120 billion boe. Steinke is great at making moves on huge hidden, or forgotten gems and swooping in to acquire big plays that are usually reserved for supergiants.

Now, Steinke is aiming to do something similar with Total Helium (TSX.V:TOH), as the bit hits the ground in North America’s largest conventional natural gas field.

Except that now, it’s about a basket of high-priced gases, including helium and methane …

#4 North America is Desperate for Home-Grown Helium

Helium is extremely lightweight, non-reactive, and can liquify at extremely low temperatures. It’s also completely non-renewable. In other words, there is nothing that can replace it.

The Bureau of Land Management (BLM) first jumped on helium in WWI, feeding technology that sent helium balloons to bomb our adversaries. Since then, helium has been considered a strategic gas held in a federal reserve. During the Cold War, helium was used for cooling the tips of missiles.

Now, helium is a key to our supercomputing power. A key to big data. Our hard drives are now “helium drives”. Fiber-optic telecommunications might be impossible without helium. So may medical research, and even MRIs. A NASA space shuttle requires 1 million cubic feet of helium just during the launch countdown.

Linde bought much of its past helium from the BLM, but now they have to look elsewhere. That search has taken them as far away as Russia and Qatar, but transporting helium that far is a risk because it is not bound to the earth by gravity and can leak away. Industrial Gas Companies have been paying a premium to Russia and Qatar for helium, so a sizable North American option is not only ideal—it’s vital.

#5 Bottom Line: Impressive ‘Helium Enhanced’ Economics

Natural gas is trading at just under $5 right now. And that’s about $2 more than the norm in recent years. Helium still blows it away at up to $500/Mcf.

And now that the BLM is out of business, North America could find itself facing a helium shortage.

One of the most innovative wildcatters on the natural resources scene has scooped up tens of thousands acres of leases for the largest natural gas field in North America, and a venue that serves as the epicenter of American helium.

Unique water disposal technology could make this one of the most profitable helium producers out there, which is exactly why they’ve attracted giant Linde as a JV partner with a helium offtake deal.

Both Total Helium (TSX.V:TOH) management and Linde have significant skin in this game which could provide a serious boost in investor confidence.

And they’ve just spudded their first well, with completion targeted for this December. We’re looking at a fast-moving play with world-class helium potential and a management team of world-renowned wildcatting fame. The clock is ticking on this one and it goes way beyond party balloons.

Other companies looking to capitalize on the alternative resource space:

Air Products & Chemicals (NYSE:APD) has been at the forefront of global hydrogen production for years. They recognize that this clean alternative fuel can help make an impactful dent in boosting our country's green energy initiatives as well as reducing carbon emissions across industries by decreasing reliance on fossil fuels like coal and petroleum products, etc., which Air Product’s own extensive experience with helping others achieve sustainability goals through chemical innovation will bring about even more progress than before

Air Products and Chemicals has well over 60 years of experience producing hydrogen, and more than two decades designing fueling stations. It’s SmartFuel stations have been deployed across the globe and support a number of different unique and interesting transportation applications. The fully-integrated stations include compression, storage and dispensing systems that have proven to be safe and reliable for its customers. Though Air Products has been around for some time, the $66 billion company has had a particularly strong year in 2021 thanks to the growing interest in Hydrogen applications.

Canada’s renewable energy push is gaining speed, as well. Boralex Inc. (TSX:BLX) is one of Canada’s premier renewable energy firms. It played a major role in kickstarting the country’s domestic renewable boom. The company’s main renewable energies are produced through wind, hydroelectric, thermal and solar sources and help power the homes of many people across Canada and other parts of the world, including the United States, France and the United Kingdom.

Maxar Technologies (TSX:MAXR) is one of the leading space companies on the planet, founded nearly 20 years ago. Maxar has a variety of services, including satellite development, space robotics, and earth observations. One of their most well-known products is the Canadarm2 robotic arm for the International Space Station (ISS). The ISS has been operational since 1998 with more than 100 missions to date. Maxar Technologies has had a history of partnering with NASA to maintain the ISS's systems as well as providing them with new technologies such as the Canadarm2 robotic arm. is a moon-bound tech stock to keep an eye on. While space firm specializes in satellite and communication technologies, it is also a manufacturer of infrastructure required for in-orbit satellite services, Earth observation and more.

More importantly, however, Maxar’s subsidiary, SSL, a designer and manufacturer of satellites used by government and commercial enterprises, has pioneered research in electric propulsion systems, lithium-ion power systems and the use of advanced composites on commercial satellites. These innovations are key because they allow satellites to spend more time in orbit, reducing costs and increasing efficiency.

As demand for energy continues to explode in a post-pandemic China, CNOOC Limited (TSX:CNU) will likely be one of the biggest winners in this boom. It’s the country’s most significant producer of offshore crude oil and natural gas and may well be one of the most controversial oil stocks for investors on the market. A label that has nothing to do with its operations, however.

Recently, U.S. regulators announced their intention to de-list Chinese companies from the New York Stock Exchange, going back on their announcement just a few days later. The sustained negative press surrounding Chinese companies, however, has put CNOOC in an uncomfortable position for investors. While many analysts see the company as significantly undervalued, it is still struggling to gain traction in U.S. markets. Though that could be changing as Biden works to ease tensions with China

Magna International (TSX:MG) is a really interesting and roundabout way to get in on the explosive commodity market without betting big on one of the new hot stocks tearing up among the millennials right now. More than a decade ago, Magna International was already making major moves in the battery market, investing over half a billion dollars in battery production while the market was still in its infancy. At the time, electric vehicles as we know them had barely hit the scene, with Tesla launching its premiere car just two years prior.

Magna’s massive investment in batteries, however, has paid off in a big way. Since its controversial bet of yesteryear, the company has seen its valuation soar by tens of billions of dollars, and it has solidified itself as one of the leaders in the increasingly competitive battery business.

Westport Fuel Systems (TSX:WRPT) isn’t necessarily a resource play, but it is an important company to watch as new fuels and new forms of energy take the spotlight. Especially as the world races to leave behind traditional gasoline and diesel-powered vehicles. That’s because, while it is a manufacturing play at heart, it offers a particularly unique way to gain exposure to the alternative fuels market. As a key manufacturer of the hardware needed to build natural gas and other alternative-fueled cars, Westport is definitely a company to watch in this scene.

Westport Fuel has been making major moves in the market over the past year, and its efforts are finally coming to fruition. Since May 2020, the company has seen its stock price rise by 322%, and with more potential deals like the one it has just sealed with Amazon to provide natural gas-powered trucks to its fleet, the stock has even more room to run in the coming years.

By. Tom Kool

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

Forward-Looking Statements

This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that helium prices continue to increase or remain at current levels; that helium will remain or grow in importance for future of many different technology applications; that Total Helium (the “Company”) will be able to successfully explore for and produce helium, methane and/or natural from its exploration properties and that the Company will be able to commercialize the production of any helium, methane and/or gas reserves found and recovered on its properties; that current technology, including the implementation of appropriate water disposal systems, will allow the Company to successfully explore and develop potential helium and/or gas reserves on the Company’s properties; that the Company will achieve its anticipated return on investment on drilled wells; that the Company will be able to minimize the costs incurred during the exploration and development process; that the Company will be able to store any recovered helium in its joint venture with Linde; that the Company and Lind will be able to develop the only alternative helium storage facility to the U.S. federal helium reserve in the entire world; that the U.S. federal helium will be auctioned off to private investors; that the Company will generate ongoing cash flow from its deal with Linde; and that management of the Company can leverage experience from other exploration projects to achieve success. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that helium prices may not increase in the future and may actually decrease for various reasons; that helium may be replaced with other resources such that its importance in technology applications may decrease in future; that the Company may fail to successfully explore for and produce helium, methane and/or natural from its exploration properties or that the Company is unable to commercialize the production of any helium, methane and/or gas reserves found or recovered on its properties; that current technology may be inadequate or cost prohibitive for the Company to successfully explore and develop potential helium and/or gas reserves on the Company’s properties; that the Company may not achieve a return on investment on drilled wells as anticipated or at all; that the Company’s exploration and development efforts, if any, may be more costly than anticipated; that the Company may be unable to leverage its joint venture with Linde for the storage of any helium it recovers and the Company and Linde may be unable to develop a helium storage facility as anticipated or at all; that the Company may fail to generate cash flow from its deal with Linde; and that management of the Company may be unable to leverage any of its experience from other exploration projects. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

DISCLAIMERS

This communication is for entertainment purposes only. Never invest purely based on our communication. We have not been compensated by Total Helium but may in the future be compensated to conduct investor awareness advertising and marketing for TSX.V:TOH. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct. Price targets that we have listed in this article are our opinions based on limited analysis, but we are not professional financial analysts so price targets are not to be relied on.

SHARE OWNERSHIP. The owner of Oilprice.com owns shares of Total Helium and therefore has an additional incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation.

ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

RISK OF INVESTING. Investing is inherently risky. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.

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Easyjet share price down 3% as pandemic losses hit £2.2 billion

The EasyJet share price shed over 3% today to give up a chunk of…
The post Easyjet share price down 3% as pandemic losses hit £2.2 billion first appeared on Trading and Investment News.

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The EasyJet share price shed over 3% today to give up a chunk of the gains the budget airline had made earlier in the week. The new slide came after it announced a £213 loss for the last quarter of the year covering the Christmas period, taking losses for the Covid-19 pandemic period to £2.2 billion. The airline also told investors it is still burning through £150 million in cash every month as it struggles to build capacity back up.

The short-haul airline that makes most of its income shuttling holidaymakers and business travellers around Europe said it is still only operating at around half of its pre-pandemic capacity. However, it is hopeful that pent-up demand and an end to travel restrictions mean it will return to pre-pandemic levels by summer and enjoy much brisker trade than of late over the Easter and spring period.

easy jet plc

But before then the airline company will again have to absorb deep losses over the current quarter, which is traditionally its weakest of the year. Even a strong summer period, think most analysts, will be insufficient to see the company return to profit this year. EasyJet’s value is still less than half of what it was in February 2020 before the coronavirus-induced market sell-off that hit later that month and saw markets dive into March before starting to recover. The share prices of rival budget airlines Ryanair and WizzAir have recovered much more strongly in comparison to EasyJet’s and are now close to their pre-pandemic levels. There have been concerns around whether EasyJet could survive the pandemic but investors contributed £1.2 billion last autumn to bolster its balance sheet.

The EasyJet share price is closing the week at around £6.15 compared to over £15 before the pandemic. However, there is now hope the worst may be behind the airline and it can begin its, potentially long, journey back to health. Chief executive John Lundgren attempted to soften the announcement of another hefty loss with a bullish statement on where things go from here for his company:

“Booking volumes jumped in the UK following the welcome reduction of travel restrictions announced on January 5, which have been sustained and given a further boost from the UK government’s decision this week to remove all testing requirements.”

“We believe testing for travel across our network should soon become a thing of the past. We see a strong summer ahead, with pent-up demand that will see easyJet returning to near-2019 levels of capacity, with UK beach and leisure routes performing particularly well.”

For now, however, forward guidance for the immediate quarter remains cautious with the company admitting it has fallen short of its expectations to be at 80% capacity by this quarter, sitting at just 67%. However, with most analysts confident the company will eventually return to strength, and profit in the 2022-23 financial year, EasyJet shares could offer a good buying opportunity at current levels.

The post Easyjet share price down 3% as pandemic losses hit £2.2 billion first appeared on Trading and Investment News.

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Authoritarian Madness: The Slippery Slope From Lockdowns To Concentration Camps

Authoritarian Madness: The Slippery Slope From Lockdowns To Concentration Camps

Authored by John W. Whitehead & Nisha Whitehead via The Rutherford Institute,

“All the Dachaus must remain standing. The Dachaus, the Belsens, the Buchenwal

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Authoritarian Madness: The Slippery Slope From Lockdowns To Concentration Camps

Authored by John W. Whitehead & Nisha Whitehead via The Rutherford Institute,

“All the Dachaus must remain standing. The Dachaus, the Belsens, the Buchenwald, the Auschwitzes—all of them. They must remain standing because they are a monument to a moment in time when some men decided to turn the Earth into a graveyard. Into it they shoveled all of their reason, their logic, their knowledge, but worst of all, their conscience. And the moment we forget this, the moment we cease to be haunted by its remembrance, then we become the gravediggers.”

- Rod Serling, Deaths-Head Revisited

In the politically charged, polarizing tug-of-war that is the debate over COVID-19, we find ourselves buffeted by fear over a viral pandemic that continues to wreak havoc with lives and the economy, threats of vaccine mandates and financial penalties for noncompliance, and discord over how to legislate the public good without sacrificing individual liberty.

The discord is getting more discordant by the day.

Just recently, for instance, the Salt Lake Tribune Editorial Board suggested that government officials should mandate mass vaccinations and deploy the National Guard “to ensure that people without proof of vaccination would not be allowed, well, anywhere.”

In other words, lock up the unvaccinated and use the military to determine who gets to be “free.”

These tactics have been used before.

This is why significant numbers of people are worried: because this is the slippery slope that starts with well-meaning intentions for the greater good and ends with tyrannical abuses no one should tolerate.

For a glimpse at what the future might look like if such a policy were to be enforced, look beyond America’s borders.

In Italy, the unvaccinated are banned from restaurants, bars and public transportation, and could face suspensions from work and monthly fines. Similarly, France will ban the unvaccinated from most public venues.

In Austria, anyone who has not complied with the vaccine mandate could face fines up to $4100. Police will be authorized to carry out routine checks and demand proof of vaccination, with penalties of as much as $685 for failure to do so.

In China, which has adopted a zero tolerance, “zero COVID” strategy, whole cities—some with populations in the tens of millions—are being forced into home lockdowns for weeks on end, resulting in mass shortages of food and household supplies. Reports have surfaced of residents “trading cigarettes for cabbage, dishwashing liquid for apples and sanitary pads for a small pile of vegetables. One resident traded a Nintendo Switch console for a packet of instant noodles and two steamed buns.”

For those unfortunate enough to contract COVID-19, China has constructed “quarantine camps” throughout the country: massive complexes boasting thousands of small, metal boxes containing little more than a bed and a toilet. Detainees—including children, pregnant women and the elderly— were reportedly ordered to leave their homes in the middle of the night, transported to the quarantine camps in buses and held in isolation.

If this last scenario sounds chillingly familiar, it should.

Eighty years ago, another authoritarian regime established more than 44,000 quarantine camps for those perceived as “enemies of the state”: racially inferior, politically unacceptable or simply noncompliant.

While the majority of those imprisoned in the Nazi concentration camps, forced labor camps, incarceration sites and ghettos were Jews, there were also Polish nationals, gypsies, Russians, political dissidents, resistance fighters, Jehovah’s Witnesses, and homosexuals.

Culturally, we have become so fixated on the mass murders of Jewish prisoners by the Nazis that we overlook the fact that the purpose of these concentration camps were initially intended to “incarcerate and intimidate the leaders of political, social, and cultural movements that the Nazis perceived to be a threat to the survival of the regime.”

As the U.S. Holocaust Memorial Museum explains:

“Most prisoners in the early concentration camps were political prisoners—German Communists, Socialists, Social Democrats—as well as Roma (Gypsies), Jehovah's Witnesses, homosexuals, and persons accused of ‘asocial’ or socially deviant behavior. Many of these sites were called concentration camps. The term concentration camp refers to a camp in which people are detained or confined, usually under harsh conditions and without regard to legal norms of arrest and imprisonment that are acceptable in a constitutional democracy.”

How do you get from there to here, from Auschwitz concentration camps to COVID quarantine centers?

Connect the dots.

You don’t have to be unvaccinated or a conspiracy theorist or even anti-government to be worried about what lies ahead. You just have to recognize the truth in the warning: power corrupts, and absolute power corrupts absolutely.

This is not about COVID-19. Nor is it about politics, populist movements, or any particular country.

This is about what happens when good, generally decent people—distracted by manufactured crises, polarizing politics, and fighting that divides the populace into warring “us vs. them” camps—fail to take note of the looming danger that threatens to wipe freedom from the map and place us all in chains.

It’s about what happens when any government is empowered to adopt a comply-or-suffer-the-consequences mindset that is enforced through mandates, lockdowns, penalties, detention centers, martial law, and a disregard for the rights of the individual.

The slippery slope begins in just this way, with propaganda campaigns about the public good being more important than individual liberty, and it ends with lockdowns and concentration camps.

The danger signs are everywhere.

Claudio Ronco, a 66-year-old Orthodox Jew and a specialist in 18th-century music, recognizes the signs. Because of his decision to remain unvaccinated, Ronco is trapped inside his house, unable to move about in public without a digital vaccination card. He can no longer board a plane, check into a hotel, eat at a restaurant or get a coffee at a bar. He has been ostracized by friends, shut out of public life, and will soon face monthly fines for insisting on his right to bodily integrity and individual freedom.

For all intents and purposes, Ronco has become an undesirable in the eyes of the government, forced into isolation so he doesn’t risk contaminating the rest of the populace.

This is the slippery slope: a government empowered to restrict movements, limit individual liberty, and isolate “undesirables” to prevent the spread of a disease is a government that has the power to lockdown a country, label whole segments of the population a danger to national security, and force those undesirables—a.k.a. extremists, dissidents, troublemakers, etc.—into isolation so they don’t contaminate the rest of the populace.

The world has been down this road before, too.

Others have ignored the warning signs. We cannot afford to do so.

As historian Milton Mayer recounts in his seminal book on Hitler’s rise to power, They Thought They Were Free:

“Most of us did not want to think about fundamental things and never had. There was no need to. Nazism gave us some dreadful, fundamental things to think about—we were decent people‑—and kept us so busy with continuous changes and 'crises' and so fascinated, yes, fascinated, by the machinations of the 'national enemies', without and within, that we had no time to think about these dreadful things that were growing, little by little, all around us.”

The German people chose to ignore the truth and believe the lie.

They were not oblivious to the horrors taking place around them. As historian Robert Gellately points out, “[A]nyone in Nazi Germany who wanted to find out about the Gestapo, the concentration camps, and the campaigns of discrimination and persecutions need only read the newspapers.”

The warning signs were there, blinking incessantly like large neon signs.

“Still,” Gellately writes, “the vast majority voted in favor of Nazism, and in spite of what they could read in the press and hear by word of mouth about the secret police, the concentration camps, official anti-Semitism, and so on. . . . [T]here is no getting away from the fact that at that moment, ‘the vast majority of the German people backed him.’”

Half a century later, the wife of a prominent German historian, neither of whom were members of the Nazi party, opined: “[O]n the whole, everyone felt well. . . . And there were certainly eighty percent who lived productively and positively throughout the time. . . . We also had good years. We had wonderful years.”

In other words, as long as their creature comforts remained undiminished, as long as their bank accounts remained flush, as long as they weren’t being locked up, locked down, discriminated against, persecuted, starved, beaten, shot, stripped, jailed or killed, life was good.

Life is good in America, too, as long as you’re able to keep cocooning yourself in political fantasies that depict a world in which your party is always right and everyone else is wrong, while distracting yourself with bread-and-circus entertainment that bears no resemblance to reality.

Indeed, life in America may be good for the privileged few who aren’t being locked up, locked down, discriminated against, persecuted, starved, beaten, shot, stripped, jailed or killed, but it’s getting worse by the day for the rest of us.

Which brings me back to the present crisis: COVID-19 is not the Holocaust, and those who advocate vaccine mandates, lockdowns and quarantine camps are not Hitler, but this still has the makings of a slippery slope.

The means do not justify the ends: we must find other ways of fighting a pandemic without resorting to mandates and lockdowns and concentration camps. To do otherwise is to lay the groundwork for another authoritarian monster to rise up and wreak havoc.

If we do not want to repeat the past, then we must learn from past mistakes.

January 27 marks Remembrance Day, the anniversary of the liberation of Auschwitz-Birkenau, a day for remembering those who died at the hands of Hitler’s henchmen and those who survived the horrors of the Nazi concentration camps.

Yet remembering is not enough. We can do better. We must do better.

As I make clear in my book Battlefield America: The War on the American People and in its fictional counterpart The Erik Blair Diaries, the world is teetering on the edge of authoritarian madness.

All it will take is one solid push for tyranny to prevail.

Tyler Durden Fri, 01/28/2022 - 23:40

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Eli Lilly says FDA could deny expanded use of arthritis drug for eczema

Eli Lilly said on Jan. 28 the company expects the U.S. Food and Drug Administration to decline the approval of expanded use of the rheumatoid arthritis drug Olumiant as a treatment for adults with moderate-to-severe eczema.

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Eli Lilly says FDA could deny expanded use of arthritis drug for eczema

(Reuters) – Eli Lilly and Co (LLY.N) said on Friday it expects the U.S. Food and Drug Administration to decline the approval of expanded use of its rheumatoid arthritis drug as a treatment for adults with moderate-to-severe eczema.

“At this point, the company does not have alignment with the FDA on the indicated population,” the drugmaker said.

Olumiant, discovered by Incyte Corp (INCY.O) and licensed to Lilly, belongs to a class of drugs called JAK inhibitors, which came under regulatory scrutiny after Pfizer’s (PFE.N) arthritis drug Xeljanz showed an increased risk of serious heart-related problems and cancer in a February trial. read more

The path to approval for the drug has been arduous, with the FDA extending its review timeline repeatedly.

AbbVie’s (ABBV.N) rival eczema drug, Rinvoq, also faced similar regulatory hurdles before being finally approved by the FDA earlier this month, as well as Pfizer’s Cibinqo. read more

“While not specified by the company, we wonder if the FDA may be looking to limit the use of the product (Olumiant) to an even smaller subset of patients than what Rinvoq and Cibinqo were approved for,” Mizuho analyst Vamil Divan said in a client note.

An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. REUTERS/Mike Segar/File Photo

Lilly also said it has decided to discontinue its program for testing use of Olumiant in autoimmune disease lupus, based on early results from two late-stage trials.

The decision would adversely affect Lilly which continues to bet on upcoming regulatory decisions on the drug for treating COVID-19 for certain hospitalized patients and severe alopecia areata, a type of hair loss.

In the United States, the drug is already authorized for emergency use in hospitalized adults with COVID-19 and children aged two or older requiring supplemental oxygen or mechanical ventilation. Lilly awaits Olumiant’s full approval in certain hospitalized COVID-19 patients, with an anticipated regulatory action in the second quarter.

Reporting by Manojna Maddipatla in Bengaluru; Editing by Krishna Chandra Eluri and Shinjini Ganguli

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