Election Fraud Arrests; Swalwell's Phone Seized; Bessent: This Will Collaps Iran's Regime; Stanford’s Secret World

Hello all you freedom loving people. After President Trump said that the U.S. will wage an unprecedented economic warfare against Iran, today Iran admitted that they haven't exported any oil or received any unfrozen funds. Eric Swalwell was stopped at the airport and his phone was seized and we continue our story about Theo Baker the freshman who took down the President of Stanford. Okay let's get into it. Federal investigations and fraud allegations are dominating headlines from Washington to the west coast. Let's start with a major development in the federal investigation into former congressman Eric Swalwell. Today news broke that FBI agents confronted Swalwell at San Francisco International Airport after he arrived in California on Saturday. Agents served him with a search warrant and they seized his cell phone and other electronic devices. Then on Sunday agents executed additional search warrants at Swalwell's home in Washington D.C. They seized further potential evidence but neither Swalwell nor his wife were at home at the time. Currently Swalwell faces multiple sexual misconduct allegations from at least four different women. One former staffer alleged that Swalwell raped her twice in 2019 and 2024. Another woman alleged that Swalwell drugged her and raped her back in 2018 and two other women said that Swalwell sent them unsolicited images of his private parts. In response the Department of Justice opened its investigation into Eric Swalwell back in April but Swalwell denied all of the allegations from the start even though they ultimately forced him to drop his campaign for California governor and to resign from Congress. Swalwell is also facing scrutiny from prosecutors in Manhattan and Los Angeles County. Also on Tuesday we explained the newly declassified document by President Trump that detailed Eric Swalwell's ties to the Chinese spy Fang Fang. Now let's discuss a case that involves alleged election fraud in Stockton, California. Desiree Lynch who was a Stockton City Council candidate is now facing felony charges because of falsely listing a bar and an apartment as her home address. Prosecutors say that she actually lived in a different district than the one that she had hoped to represent. So she's charged with perjury, filing a false candidacy declaration and allowing a false voter registration. Prosecutors described Lynch as an opportunist who manufactured a fake address to cheat the system. Stockton Mayor Christina Fugazi had asked Lynch to suspend her campaign last week but she refused just hours before her arrest. Now she faces more than six years in prison if she's convicted on all five felony counts. Now let's turn to Massachusetts. Yesterday federal prosecutors announced that a Chinese national impersonated another Chinese man to vote illegally. Yu-Ping Sun of Andover was arrested and charged with fraudulent voter registration and fraudulent voting. According to court filings Sun allegedly registered to vote online in October 2024 impersonating another Chinese national who resided in Massachusetts with a legal permanent resident identity. Sun then allegedly cast an early ballot at Malden City Hall during the 2024 presidential election and after registering to vote and voting Sun later sent anonymous tips to Homeland Security Investigations and U.S. Citizenship and Immigration Services and he accused the man who he stole his identity of illegally voting in the 2024 U.S. presidential election and he said that the victim was not a U.S. citizen but a permanent resident. Sun is also accused of submitting fraudulent immigration forms and claiming that the victim and his Chinese national wife wanted to give up their status. Those forms allegedly led to the victim and his wife having their green cards confiscated at Logan Airport. So the couple was then placed into removal proceedings as a result of the alleged fraudulent filings. As a result Sun faces up to five years in prison on each voter fraud charge if convicted. And in Minnesota Salman Ahmed Elmy faces multiple counts of aiding and abetting Medicaid fraud worth 1 million dollars. Elmy previously received Minnesota's Outstanding Refugee Award from the State's Department of Human Services in 2021. In response Minnesota DHS spokesperson called Elmy's alleged actions disturbing but said that they don't reflect the awards purpose. They also noted that the awards program itself ended back in 2024. He's Minnesota's 2021 Outstanding Refugee and Entrepreneurship Award winner. Smiling for the camera with his plaque you can almost hear the movie trailer can't you? A model immigrant comes to America and makes good on his promise to do right by his family. But then in real life it doesn't always turn out that way. A bit of a plot twist I want to tell you about. Because on Monday the attorney general in the state of Minnesota, Keith Ellison, well he charged Elmy with not one, not two, not seven, but eight felonies. His company Riva Health allegedly scammed Medicaid billing U.S. taxpayers over a million dollars for services never provided. Have we heard this story before? Worse yet it turns out the very same agency that handed him that fancy award, well that agency also cuts the Medicaid checks. Now when the story broke DHS mysteriously scrubbed his profile from the website. You can only find it on the internet archive now. Oh but wait there's more. Two of Elmy's co-defendants were charged last week in a Hennepin County sex trafficking bust. And would you believe it a former Minnesota prosecutor was implicated as well. It's all true. By the way this is not the first time an outstanding refugee went all Walter White and broke bad. Governor Tim Walz actually personally handed the very same award to Ayaan Aboukar who later pleaded guilty for her role in the 20 make that 250 million dollar feeding our future scheme. Now a judge has ordered Elmy to give up his passport and stay right in the land of 10,000 lakes. He's got a court date coming up on October the 4th we'll see if he makes it Jesse. Recently the White House has undergone a number of major staff changes. Today Vice President J.D. Vance announced that White House Legislative Director James Braid is leaving the administration after more than a year. Vance praised Braid as brilliant and as one of the hardest workers that he has ever met. Braid has been by Vance's side since Vance's earliest days in the Senate and he has served as Legislative Director since early 2025 coordinating President Trump's relationship with Congress. Braid helped deliver major legislative wins during President Trump's current term. This included the largest tax cut ever and funding for the border wall. Vance also pointed to two defeated democratic shutdowns and the fastest cabinet confirmation in decades. A landmark crypto bill also passed under Braid's watch in Congress. Vance ended his statement on a personal note saying that he's excited for Braid's future. Meanwhile speculation is still swirling over who will replace Caroline Leavitt as White House Press Secretary. Previously we reported that Leavitt will leave her post at the end of August and we mentioned that Alina Haba was named as one possible replacement for Leavitt but yesterday Haba shot down that speculation saying that she's not in the running for any job. Haba currently serves as Senior Advisor to the Attorney General for U.S. Attorneys Nationwide and in a post on X she joked that if she does get a new job she'd like to hear about it first. Now following denial from Haba, CNN commentator Scott Jennings became the new betting favorite on CallShe. According to political reporter Dasha Burns, Jennings is now actively pushing for the job. Today Burns reported that clips of Jennings defending President Trump's right-hand aide Natalie Harp circulated around the White House recently. Jennings subsequently reached out over the weekend to schedule a private meeting with Suzy Wiles but no decision has been made and no formal offer has been extended. Jennings previously worked as an aide to President George W. Bush. Back in December of 2025, President Trump praised Jennings' book called A Revolution of Common Sense and President Trump called him a patriot who understands the job. On True Social, President Trump wrote, Jennings' book was directly inspired by my inaugural address and the many common sense actions we have taken in an effort to make America great again. Scott totally gets it and unlike the many fake news books that are being written about my administration, Scott's book will focus on the truth about Team Trump and our agenda. Yesterday President Trump announced that he would launch the most devastating economic warfare against Iran. He also warned that any country providing Iran with financial trade or other lifelines would face significant economic consequences. On True Social, President Trump wrote, no one has given the Islamic Republic of Iran a greater opportunity to make a deal than me. Tragically for them, they have failed to take it. Therefore, today I am announcing the most crushing economic operation ever taken against any country. This will be economic warfare and isolation on an unprecedented scale. President Trump warned other countries against providing Iran with any form of lifeline. Specifically, he cited channels such as oil smuggling, currency swap arrangements, cash transfers, foreign exchange bureaus, ship registration and front companies. And President Trump demanded that these activities cease immediately, stressing that Iran will never be permitted to acquire a nuclear weapon. President Trump also wrote, this will be an economic D-Day and we need all of our allies to stand with the United States of America to isolate and defeat the Iran threat. In his statement, President Trump also said that Iran's navy no longer exists, its air force has been destroyed, its military factories have been reduced to rubble and its currency has lost all value. And he described the Iranian regime as hanging by a thread. This measure continues and expands the Trump administration's operation economic fury, which has been in place since April of this year with the goal of cutting off the Iranian regime's funding for global terrorism and other sources of revenue. Earlier that day, President Trump also told reporters that the United States still has room to impose further sanctions on Iran, adding that the U.S. Navy's blockade of the Strait of Hormuz has been extremely effective so far. Iran, for its part, criticized the United States for tightening sanctions. Iranian Foreign Minister Abbas Arashi said that previous rounds of sanctions had failed to force Iran to yield and that further pressure would hinder negotiations. The day before President Trump announced the new measures, the United Arab Emirates, a critical trade partner for Iran, also announced that it was suspending all trade and financial dealings with Iran. The United Arab Emirates stated that it detected two Iranian ballistic missiles fired toward the country targeting maritime shipping, but Iran denied launching the missiles and claimed that the allegations were a staged false flag operation. Analysts said that other trade partners of Iran that President Trump could target include China as well as Iraq and Turkey. Nader Abibi, a Middle East economics professor at Brandeis University, said that in China he can target the financial institutions that provide services to independent teapot refineries that are the last group still purchasing Iranian oil. But the challenge is that the Chinese government has warned Chinese entities not to cooperate with U.S. sanctions. Given that trade negotiations are underway between the United States and China, it will be interesting to see how China reacts if, in the next few days, the United States announces specific targets or institutions that cooperate with those teapot refineries. Then today, appearing on state media, Iran's central bank governor, Hamadi, confirmed that their oil exports have currently been halted. He also said that they still cannot access their frozen foreign currency reserves, which are held abroad by the United States. He said that no funds have yet to be released under the Islamabad memorandum agreement that was reached earlier, and he hopes that the ceasefire between Iran and the United States could be restored soon. He also compared today's conditions to his earlier term as governor, calling them far more difficult now. In the meantime, after President Trump's announcement of devastating economic warfare against Iran, oil prices climbed today. Brent crude gained 1.3% to reach $92.82 a barrel, which is its highest level since late July. U.S. crude also rose with West Texas Intermediate climbing toward $86.75 a barrel. But during an interview today, Treasury Secretary Scott Besant explained that new economic measures should bring oil prices down again fairly soon. And again, we have asymmetric information, and I'm not sure why oil has popped up on this because this for now, for now, and it is at the president's discretion. If we are doing the maximum economic pressure, then that means that likely there will not be a large scale kinetic restart. But I would emphasize that is for now. And we do have control of the street. You would have seen media reports that large amounts of energy are getting out. And I think that we can continue doing that in the southern lane. And that I think oil markets are misinterpreting what this economic pressure means. The economic pressure means that we are going to all of our allies, and this is going to be the greatest coordinated economic isolation in the history of the world. And we are going to them and saying you are either with us or against us. You want this murderous regime to end. And if you insist on doing business with them, either transferring money, buying their oil, they are doing seaborne ship transfers, then the U.S. Treasury and the U.S. government, they will put its full might and force toward enforcing against you. So it is time for our allies and the rest of the world to make a decision. And we are going to squash the economy of this murderous regime, which that will curtail their ability to project power through their proxies. It will mean that they cannot pay the military. And we have substantial inflation, both food inflation and ordinary inflation in Iran. And what we have seen, I see lots of reports that said, oh, well, this has never worked. It does work because we have a combination is a one-two punch. We have a blockade and we are going to have the toughest sanctions in history. And I will tell you, this will work. It worked in Venezuela once we put up the blockade. It is working in Cuba right now and it is going to work in Iran and we are going to collapse this regime. Besant also retweeted President Trump's post, adding that any remaining tie to Iran will hasten a nation's economic oblivion, whether that tie be purposefully constructed or willfully ignored. Yesterday, we talked about how Theo Baker's investigative report had led to the resignation of Stanford University's president, Mark Tessier-Levine, also known as MTL. A world-leading neuroscientist, MTL previously managed a biotechnology company worth tens of billions of dollars, and he has extensive connections in Silicon Valley and academia. Baker included his experience in his book, How to Rule the World in Education and Power at Stanford University. In addition, the book reveals many of the things beneath the surface that he observed at Stanford, the machinery through which Stanford systematically produces Silicon Valley elite. Let's start with an experience from Baker himself. Shortly after Baker started at Stanford University, he received an email from a stranger, the CEO of a tech company inviting him to dinner. They went to a very upscale restaurant in Silicon Valley where the CEO's son was also sitting at the table. Throughout the meal, the father fed the baby caviar while talking to Baker about his first client when he started his business. That client is a name familiar to nearly everyone who follows geopolitics, Gaddafi. Have you ever wondered why a CEO would take a freshman to dinner and discuss such controversial topics? Because at Stanford, freshmen like Baker are highly sought after commodities. This has to do with Stanford's location. It is one of the universities with the closest ties to the industry in the world. It is situated right in the heart of Silicon Valley, and it is surrounded by major tech companies, venture capital firms, and financial institutions. Money and opportunities naturally flow here, and this school's most valuable resource is those young people who have just been admitted and who are brimming with talent. Venture capitalists arrive at Stanford's campus almost as soon as freshmen move in. They are actively scouting the most promising students, much like agents at a professional sports draft. Many students are fresh off the boat and still quite clueless. They have received investment offers, even though they don't have any product to show for it or even a clear idea of what they want to do. Stanford has what are known as lush funds. They are established by venture capital firms or alumni funds, and these funds are specifically designated to support selected student teams in covering the costs of travel, gatherings, prototype development, and private social events. Selected students are often invited to participate in various social events, including yacht parties in the Bay Area, gatherings at luxury mansions, private dinners, and closed-door meetings with venture capitalists. On the surface, it's networking, but in reality, it's venture capitalists conducting due diligence on students and shaping their values. Here, these business tycoons encourage students to drop out of school, and they persuade them to turn projects that are still in their infancy into companies. Capital constantly tells stories of success after dropping out of school, portraying dropping out as courage, vision, and the first step toward changing the world. Far from being a risk, it has become a status symbol. In his book, Baker mentions that some students choose not to live in the dorms at all, opting instead to move into large houses that are rented jointly by entrepreneurs. There, venture capitalists come over for dinner every day, founders give talks, product managers share insights, and investors get to meet students face-to-face. Baker stated, this kind of social interaction is in itself a form of fundraising. The process goes as follows. Internship leads to funding, which leads to startups, which leads to wealth, which leads to cultural influence. This system is efficient and self-reinforcing, and it is almost completely invisible to outsiders. So, on a campus that brings together the brightest young minds from around the world, how does the investment community identify the promising rising stars of tomorrow? Stanford also has an internal system that is specifically designated for rising stars in entrepreneurship called Stanford Inside Stanford. Baker first became aware of the existence of Stanford Inside Stanford when he was singled out to take a course that was never publicly advertised, titled How to Rule the World. This course is not listed in any catalog, has no course code, and is only offered during the winter semester. Each session accepts 12 students with an equal number of men and women. To qualify for an interview, you must be recommended by a fellow alumnus. Much like those mysterious organizations you see in films and on TV, the instructors are Silicon Valley entrepreneurs, venture capital partners, and corporate executives. They teach students how to orchestrate fundraising, exploit regulatory loopholes, shape narratives in the media and the political arena, and how to maintain a firm grip on a company's control. In short, it revolves around money, power, and the rule of success. The founder is Justin Lewis Weber, a member of Stanford's class of 2020. He published a book on space energy while still in high school, and he became a serial entrepreneur after graduation. He ran this course outside the school system. He privately gathered and nurtured the promising students that he had identified year after year, and Baker was selected for an interview, but he ultimately did not pass it. But this helped him understand the logic behind the selection process. This course is essentially a ticket to the elite echelon. After completing the course, many students go on to start their own businesses or they catch the attention of investors. The selected students are transported to a parallel world that ordinary students cannot access. And even if one doesn't pass the interview, simply knowing that this class exists is a symbol of status in itself. This is because it brings him or her closer to the rules Stanford inside Stanford. And looking back at that dinner that we mentioned at the beginning, this makes everything clear. That CEO at the dinner was feeding his son caviar and talking about Gaddafi. His goal wasn't simply to treat the younger generation to a meal. The real purpose was to confirm whether this Stanford freshman sitting across from him was a golden boy who is capable of reaching the very top of the pyramid. And now the AI crazes naturally reach Stanford as well. Baker wrote an article specifically for the New York Times titled, What AI Did to My College Class, in which he noted that at Stanford today, tech company CEOs enjoy a status on campus akin to that of rock stars. NVIDIA's founder, Jensen Wong, went to give a guest lecture and students surrounded him, handing him their laptops one after another to ask for his autograph. The year before, when he visited the same class, he simply handed out a few $4,000 graphics cards, each signed in gold ink. Those cards became the ultimate status symbol in the dorms. So how does the funding flow? In his article, Baker singled out a company called Perplexity. It's a shell company. It doesn't have any core AI technology of its own. It simply repackages existing models that were developed by others. Baker wrote that the Perplexity search engine loses money on nearly every new user query. However, its valuation curve is extremely steep. $1 billion in April of 2024, triple that two months later, and in May of 2025, it announced a funding round at a valuation of $14 billion. By September, it had reached $20 billion. Here, money has become a numbers game and is virtually meaningless with those numbers being tossed around with utter indifference. But what makes it essential is the larger vision, a clear-eyed, deeply researched look at how America's next generation of technology elites are chosen before they've had a chance to even get to know themselves. While his book, How to Rule the World, was being written, the AI boom had just begun. Baker noticed that the Stanford Inside Stanford system immediately sensed an opportunity and rapidly expanded its target audience for AI prodigies, including freshmen, undergraduates in AI labs, and even incoming students who hadn't yet decided on a major. Many investors have reached a consensus that if someone truly has the potential to become a future AI entrepreneur, they should come to the forefront around the age of 18. If you haven't been noticed by the time you reach your senior years at school, it means you're not a future leader in this field. This kind of atmosphere tends to create idols, but it also makes it easier for many students to lose their direction in such an environment. Young people often mistake being noticed for success and easily obtain opportunities for true aspirations. It is precisely because of the covert operations of Stanford's power structure that Baker believes that it has become the root cause of the decline in business ethics and institutional corruption in Silicon Valley in recent years. And Stanford is at the forefront of this gold rush. As Baker said in an interview, this system also provides a good explanation for how major fraudsters originate. The more people who watch FrontPage, the more freedom-loving people the world will have.