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Last night we witnessed something pretty weird and unique at the Iowa caucuses. For the first time in American political history a presidential candidate from the out-of-power party won the caucus without ever participating in the debates or even actively campaigning in the state. Pro-Trump people will hail it as a triumph, and the never-Trumpers as an abomination. But when it comes to Donald Trump and his long strange trip into, and then out of, and then perhaps back into the White House, what do the results say about the state of our country?

Perhaps the most interesting thing about Trumps candidacy so far is that the more his enemies (in both parties) try to take him down, the more popular he becomes. Indeed, no modern president has had so many forces arrayed against him. From rogue DAs who openly ran for office with promises to prosecute Trump, to a hostile Congress and their sham impeachments, to the courts in progressive states kicking him off their ballots, to the medias one-sided reportage, to Big Techs outright censorship, all the way to opposition from the wealthy donor class, Trump has had to battle wave upon wave of attacks and legal charges, frivolous and otherwise, all with one goal in mind to prevent him from sitting behind the Resolute Desk ever again. And it appears they will continue to do whatever it takes to knock him out of the running.

Those who oppose him are so entrenched in their manic disdain for this one man that, as Sam Harris has shown, they will rationalize ripping to shreds the credibility of our most important institutions in their jihad against the Teflon Donald. They would, to borrow an old phrase, destroy the village to save it.

In fact, so aggressive has their prosecutorial zeal towards this one man been that attempts to decapitate the Trump candidacy are being called Lawfare. And my hunch is that a lot of Americans dont like it. Im not even a Trump man (I prefer DeSantis myself having seen what hes done for Florida) and yet I have found myself repeatedly in print defending the besieged Donald from what I perceive as far greater threats to the country and our sacred democracy than who becomes the head at the end of one neck of the federal hydra. Americans are not always the quickest to realize what are bad policies and dangerous ideas. Nevertheless, we do catch on if they persist. And the overwhelming vote for Trump last night could very well be read as a repudiation of the machinations of political insiders and powerful interests weaponizing the law to take this man out in a way that would have made Lavrentiy Beria nod with satisfaction.

I wonder, is it just the instinctual revulsion to seeing the courtroom being wielded like a club by those who see themselves not just above the law but outside it that is at the heart of Trumps win? Perhaps. But then again, for many others, it could be the complete breakdown of trust in every major institution in the country. Once important pillars of the Republic a free and impartial press, enlightened education, equal and open exchange of ideas, corporate responsibility, a thriving middle class, a political leadership that caters to the needs and hears the concerns of its constituents, wise foreign policy, the legitimacy of the electoral process, and now even the law itself have been, in the eyes of millions, hopelessly corrupted by people with the ruthless drive to wield the power these combined institutions can bring to bear on the average citizen. This feeling has only been solidified by the clear leveling of all the barrels of government power aimed at this one man just to ruin him.

And given his willingness to withstand (perhaps even relish) the slings and arrows of his many enemies inside and outside the D.C. Beltway, Trump has taken on the moniker of martyr. His supporters see in him their own William Wallace or Thomas Becket. (At least the film versions). When Trump says Its not me theyre after, but you, this has real meaning for many who feel very much like they no longer have any say in their nations direction. One must think that more than a few of the 51% of those who braved the cold to cast ballots for Trump see him as their last hope to save the Republic from those detached insiders leading the country to destruction while pulling the strings of a mentally enfeebled president in name only.

It has often been said that Trump did not cause the divisions in our country so much as arise out of them his opponents might say exploited them. However one wishes to view Trumps victory in Iowa, it should be made clear that in this one state at least, voters took the measure of the man and weighed him against the charges hanging over his head and found the latter wanting. So many people I know on the Left are shaking their heads. How is it that a man indicted on 91 felony charges could get any votes for dog catcher let alone the highest office in the land? they ask in dismay. The answer is simple. The caucus participants considered who brought the charges and why and, as telling, whos been spared prosecution due to party affiliation, despite their own demonstrable crimes. Iowans saw through the charade. As the great litigator Vincent LaGuardia Gambini once told a jury, they simply concluded that everything dat guy just said is bulls***.

Trumps victory is both encouraging and concerning. It is encouraging in that it should tell those willing to use the law like a tinhorn generalissimo to silence opposition that it will not happen on Iowans watch at least. But the fact that such a message even needed to be sent shows in what a perilous position we find ourselves. More so than I think people understand. As mentioned above, if the citizenry no longer trusts the institutions, then a government built around democratic principles will collapse. It has to. If one doesnt believe the law is equally applied, that it is nothing more than one of many political arrows in the quiver to let fly whenever an upstart gets too close to tipping the establishment apple cart, then why obey the law at all?

Thus we see the true dangers of what is often called Trump Derangement Syndrome. When people are either so self-righteous, or, more likely, so cynical that they are willing to scrap the institutions and processes that keep us from falling into the abyss of totalitarianism to destroy one man, they become the very fascists they are too busy accusing others of supporting to see it in themselves. Or, worse, they dont care as power is the aim, not a representative republic or, as the preamble to the Constitution reminds us, to promote the general welfare and secure the blessings of liberty.

Representative, democratically structured governments are a relative newcomer to the political universe. At our founding, we were a lone, bright star in a firmament of monarchs, tsars, emperors, and despots. Our revolution and the republic it ushered in was the exception, not the rule, to governance throughout all recorded history. A mere 248 years against over some 5,400. And as we have learned through many hard and bloody lessons in failed nation-building disasters since the great democracies put down fascism and then held back communism, it may not even be the natural state of humankind. The authors of the Constitution knew a dark truth: ambitious men left unchecked will chase power, and all the brutality and corruption that goes with it. That we have thrived in our brief moment in the sun is a testament not to us as a people, for we are no different than any others when it comes to human nature, but rather the strength and legitimacy of the institutions our Framers bestowed upon us. Without them we are just another oligarchy in the making.

Love him, hate him, or, if youre like me, take the good with the bad and judge him in a line-item fashion, there is no denying that Trumps victory in Iowa was a pivotal event in American politics. Whether it is for the good or the bad, only time will tell.

Benjamin Franklins famous warning to a woman who inquired after the Constitutional Convention ended as to what form of goverment theyd created for the new country rings in my ears louder today than it has in a long time. We have given you a Republic If you can keep it.

Last night Iowans tried to keep it. For a little while longer anyway.

* * *

Brad Schaeffer is a commodities trader, author, columnist, and musician whose eclectic body of writing can be found in the Wall Street Journal, New York Post, New York Daily News, Daily Wire, National Review, The Hill, The Federalist, Zerohedge , and others. His latest book LIFE IN THE PITS: My Time As A Trader On The Rough-And-Tumble Exchange Floors is available on Amazon and soon Audible.

The views expressed in this piece are those of the author and do not necessarily represent those of The Daily Wire.

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Honda’s new super low-cost electric motorcycle could come at the perfect time

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Honda’s new super low-cost electric motorcycle could come at the perfect time

Earlier this week, we covered Honda’s new patent images that revealed what looks to be a production-ready, ultra-low-cost electric motorcycle from the world’s most prolific motorcycle maker. While the company hasn’t officially announced plans to bring the bike to market, the level of detail in the patent suggests one thing loud and clear: Honda’s electric commuter is no longer just a concept – it’s waiting on a green light from the boardroom. And if they’re still debating giving it the thumbs up or down, then now would be the perfect time to make everyone’s day and release this thing to the world.

To be fair, we don’t really know what the bike would look like since we only have the technical drawings in the patent that showcase an electric motorcycle built on the frame of a Honda Shine 100, the company’s smash-hit 99cc commuter bike that has proven incredibly popular in India.

The images above and below show an AI interpretation of how the electric version could look, taking the technical drawings of the bike from the patent and applying styling similar to the Shine 100. But if this is any indication, it could slot nicely into Honda’s lineup.

A perfect storm of demand and opportunity

Right now, the market is crying out for a product like this. Two-wheel electric transport is booming globally, especially in regions where motorcycles are used not for weekend rides or fun, but as core transportation for everyday life. In developing countries like India, Indonesia, and throughout Southeast Asia and Africa, affordable motorcycles are the backbone of personal mobility. And as battery prices continue to fall and gas prices remain unpredictable, electric is becoming the obvious next step.

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Even in the US, which has been one of the slowest markets in the world to adopt electric two-wheelers, there are literal roving gangs of teenagers on light electric motorcycles. If that doesn’t underscore how far electric motorcycles have penetrated, nothing will. Even Americans are buying them.

But of course, the US isn’t the main market, and Honda seems to know that. The company’s yet-unnamed electric model from its patent appears to be designed as a direct electric counterpart to the Shine 100, that wildly popular gasoline-powered commuter bike that has dominated the budget end of the market in India. The Shine 100 is known for its simple, reliable design, ultra-low price, and frugal fuel economy. Now imagine replacing the gas tank with a battery pack, swapping out the engine for a hub motor, and cutting fuel and maintenance costs almost to zero. That’s exactly what this new bike looks poised to do.

Honda patent images show a fully-developed electric version of a Shine 100 motorcycle

The specs we don’t know… yet

We don’t have confirmed specs from Honda, but the design and architecture give us some important clues. The motor appears to be a small, centrally mounted unit similar in size to those seen on Sur Ron-style electric motorbikes, likely in the 5-6 kW range, which would likely put top speed somewhere in the ballpark of 50 to 55 mph (80–90 km/h). That’s fast enough for city and suburban riding, especially in developing nations where highway use is less common and speed limits are lower.

The battery appears to be designed as a pair of removable, under-seat packs that look quite similar to the Honda Mobile Power Pack standard. We can’t say for sure yet, but it would make sense for Honda to apply that standard to the new motorcycle, especially since the company has already invested in the early stages of building up a swapping network for these batteries in India.

A Honda Mobile Power Pack-powered electric Rickshaw in India

The battery packs’ removable nature is key for markets where most riders don’t have access to ground-level charging. Removable batteries mean that the bike can be left parked on the street, with only the batteries being carried into a home or apartment for charging.

Sure, removable batteries limit the range by necessitating something light enough to be feasibly carried by the average rider. But let’s be clear: this isn’t going to be a Zero or a LiveWire. It’s a small, simple, commuter-focused machine. And that’s exactly what makes it so exciting.

A massive opportunity in plain sight

While companies like Ola, Ather, and Hero Electric have already entered India’s electric two-wheeler market, Honda still has massive brand recognition and an extensive dealership and service network. If the company moves quickly, it can leverage that footprint to immediately scale electric sales where it matters most.

And this isn’t just about India.

With a few tweaks, like ensuring compliance with region-specific lighting rules and adding a few basic safety features, Honda could easily bring a version of this bike into Europe, where cities are increasingly banning internal combustion vehicles and where small-format urban mobility is booming. Even in North America, there’s a growing appetite for affordable electric motorcycles. Sure, a 50 mph top speed limits highway use, but for many urban commuters and students, that’s more than enough. It may have scooter performance, but it sure looks cooler than a scooter.

We’ve already seen Chinese brands dipping their toes into this space, offering ultra-low-cost commuter bikes and scooters with modest specs. The difference is that those bikes are often plagued by weak support networks, sketchy build quality, and limited availability of parts. Honda could change the game here, bringing name-brand reliability and global support to the affordable electric motorcycle segment.

What’s stopping them?

And yet, despite all of its promise, the bike in these drawings remains just a patent on paper, at least for now.

It’s pretty clear from the drawings that this is a production-ready design, especially compared to much more basic designs patented by Honda in years past. The detailed component layout, integrated electronics, and finalized styling suggest that Honda could start prepping an assembly line for this thing tomorrow. All it needs is a go-ahead from Honda’s executive team.

Of course, large companies move slowly. There are internal projections to review, factories to retool, and business cases to make. But given Honda’s prior commitments to electrify its motorcycle lineup and its stated goals to phase out ICE motorcycles by the 2040s, the company needs to start moving products like this from blueprint to showroom floor yesterday.

Honda has the global reputation, the dealer network, and the engineering muscle to absolutely dominate the entry-level electric motorcycle segment. But it has to want to.

This new low-cost e-moto is exactly the kind of product that could move the needle, not just in emissions reductions or electrification goals, but in making EVs more accessible to millions of riders who need practical, affordable transportation today.

The demand is real. The market is ready. The design is done.

Now all we need is for Honda to say: “Let’s build it.”

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EU lowers price cap for Russian crude under new sanctions package

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EU lowers price cap for Russian crude under new sanctions package

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The European Union has reached an agreement on a new sanctions package against Russia, which includes a lower price cap for Moscow’s crude oil barrels.

Within a year of Russia’s 2022 invasion of Ukraine, the G7 and EU restricted the price at which non-G7 countries could continue purchasing Moscow’s crude and oil products while using shipping and logistical services from G7 companies.

The measures aimed to limit Russia’s oil revenues — the backbone of its economy and war coffers — while retaining the country’s supplies in the market to avoid a major shortage.

The price cap agreed in December 2022 banned access to G7 transport, insurance and reinsurance services if non-G7 buyers paid more than $60 per barrel for crude. Formerly a staple of European refiners’ intake, Russian crude now primarily heads to buyers in China and India.

EU policymakers on Friday signaled the Russian oil price threshold would be lowered as part of a newly agreed sanctions package.

“I welcome the agreement on our 18th sanctions package against Russia. We are striking at the heart of Russia’s war machine. Targeting its banking, energy and military-industrial sectors and including a new dynamic oil price cap,” EU Commission President Ursula von der Leyen said on social media.

The EU’s top diplomat Kaja Kallas concurred that a “lower oil price cap” was part of the freshly agreed measures, also noting that the bloc had, for the first time, sanctioned Russian oil producer Rosneft’s largest refinery in India.

Neither official explicitly named the level of the new price cap. CNBC has reached out to Canada, holder of the G7’s yearly rotating presidency in 2025, for comment on whether the group endorses the lowered threshold.

— CNBC’s Silvia Amaro contributed to this report.

This developing story is being updated.

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Thousands of super cheap Amazon & Walmart e-bikes recalled after fires

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Thousands of super cheap Amazon & Walmart e-bikes recalled after fires

VIVI e-bikes, a budget-friendly brand commonly found on Amazon and Walmart, just got hit with a major recall affecting around 24,000 electric bicycles due to fire risks. The US Consumer Product Safety Commission (CPSC) announced that the lithium-ion batteries included with VIVI e-bikes can overheat, catch fire, and potentially cause injury or death.

According to the recall notice, VIVI has received at least 14 reports of their e-bike batteries overheating, with at least three reports of the batteries catching fire, though fortunately no injuries were reported in the recall notice.

The faulty batteries were shipped with a range of VIVI electric bikes sold between December 2020 and November 2023, priced between $365 and $950.

That puts them among the cheapest full-size e-bikes on the market.

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The affected bikes include long list of VIVI models, with the complete found here and seen in the table below.

The e-bikes were most commonly available online through Walmart.com and Amazon.com, but were also sold on eBay.com, Wish.com, Sears.com, Wayfair.com, Aliexpress.com, and the company’s own site (viviebikes.com).

Riders who purchased a VIVI e-bike are encouraged to check their model immediately to see if it matches the list of recalled e-bikes or battery packs.

The problem stems from the lithium-ion battery packs, which were not certified to UL standards, which are the most common safety standards for e-bikes in the US.

Consumers are being told to stop using the bikes immediately and contact VIVI for a free replacement battery. According to the recall notice, “Consumers should immediately stop using e-bikes with the recalled lithium-ion batteries and contact VIVI to receive a free replacement battery and battery charger. Consumers must dispose of the recalled battery at a household hazardous waste (HHW) collection center or follow the instructions of their municipality and confirm that this was done by sending an email to vivirecall@163.com.”

This recall adds to growing concerns about the safety of low-cost e-bikes flooding online marketplaces. While affordability has helped e-bikes become more accessible, it’s also opened the door to corners being cut, particularly when it comes to the batteries, which are arguably the most dangerous component of any electric vehicle when poorly made.

On the other hand, the increase in UL certification in the US e-bike industry has led to higher consumer confidence among respected e-bike brands that prominently display their safety certifications. This practice has helped assuage consumers’ fears and serves as a reminder of why these safety certifications are so important.

Electrek’s Take

Here we go again – another Amazon e-bike brand that was selling what looks like a too-good-to-be-true electric bike with a questionable battery. And surprise: it catches fire.

Now I want to make sure we keep this in perspective here, because the story isn’t that e-bikes are dangerous. Even among these ultra-super-duper-extremely cheap e-bikes, there have been 14 overheating cases and three reported fires out of 24,000 e-bikes sold. So it’s not like batteries are cooking off left and right like meth labs in Arkansas here or something. But this is still a stark reminder of the risks of purchasing bargain-basement electric bikes. In fact, just a couple of weeks ago, I wrote a piece about the hidden risks of the cheapest e-bikes, and this issue was front and center.

In this case, these VIVI e-bikes are just some of the many aggressively priced models on Amazon, and that’s always a red flag when it comes to lithium-ion safety. At Electrek, we’ve said it before and we’ll keep saying it: cheap batteries are risky batteries. UL certification isn’t legally required in most places (yet), but if a company isn’t willing to invest in the most basic safety testing, it should raise alarm bells.

If you’re hunting for a budget e-bike, stick to brands that at least use name-brand cells (like Samsung, LG, or Panasonic) and ideally have UL certification. Otherwise, you’re not just gambling with performance, you’re gambling with your garage, your home, your apartment building, and potentially the lives of your family and neighbors.

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