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Jeff Miller, (510) 499-9185
The Center for Biological
Diversity and two dozen other conservation and health groups today filed
emergency petitions with eight Midwestern and southern states, seeking to
end unsustainable commercial harvest of freshwater turtles. The coalition
submitted administrative petitions to state wildlife and health agencies in
Arkansas , Iowa,
Kentucky, Louisiana,
Missouri, Ohio,
South Carolina, and Tennessee, asking for a ban on
commercial harvest of freshwater turtles in all public and private waters.
The commercial-harvest regulations are needed to prevent further depletions
of native turtle populations and to protect public health. Freshwater
turtles collected in these states and sold domestically as food or exported
to international food markets are often contaminated with mercury, PCBs,
and pesticides.
"Unregulated
wildlife dealers are mining southern and midwestern streams for turtles for
the export trade, in a frenzy reminiscent of the gold rush," said
Jeff Miller, conservation advocate with the Center for Biological
Diversity. "Commercial collectors could harvest every non-protected
turtle that exists in the wild under the inadequate regulations that
currently exist in these states. Turtles are an important part of aquatic
ecosystems, and this unsustainable trade needs to be stopped."
Wildlife
exporters and dealers are commercially harvesting massive and unsustainable
numbers of wild freshwater turtles from southern and midwestern states that
continue to allow unlimited and unregulated take of turtles. The few turtle
surveys that have been conducted in southern and midwestern states show
depletions and extinction of freshwater turtles in many streams.
Herpetologists have reported drastic reductions in numbers and even the
disappearance of many southern map turtle species.
Harvests
and exports of wild turtles caught in the United States have skyrocketed.
Almost 200,000 wild turtles are trapped each year in Arkansas; one
collector alone takes more than 300 snapping turtles each year in Kentucky
for the pet trade; a single collector took 220 adult snapping turtles from
a single river in Louisiana in one year; another pet dealer buys 8,000 to
10,000 pounds per year of live wild adult snappers from trappers in
Louisiana; and a collector in Tennessee took more than 4,000 pounds of
common snapping turtles from a single reservoir in 2007. Commercial turtle
buyers in Oklahoma
reported purchasing almost 750,000 wild-caught turtles from 1994 to 1999.
More than a quarter million wild-caught adult turtles captured in Texas were exported from Dallas
Fort Worth Airport
alone to Asia for human consumption from
2002 to 2005.
The
coalition has now submitted regulatory petitions to every remaining
state in the United States that has unrestricted commercial harvest or
inadequate harvest regulations for freshwater turtles. In 2008 the
Center and allied groups petitioned Florida, Oklahoma, Georgia, and
Texas to ban commercial harvest of all native freshwater turtles in
those states. The petitions trigger a public rulemaking process in each
state. Texas has since prohibited commercial harvest from public
waters, but continues to allow unlimited harvest of some native turtle
species from streams and lakes on private lands. Oklahoma enacted a
three-year moratorium on commercial harvest of turtles from public
waters while studying the status of its wild turtle populations, the
effects of commercial harvest, and the potential contamination of
turtles sold as food. Florida imposed a temporary, 20 turtle-a-day
limit for commercial fishermen while it reviews harvest regulations.
The Georgia legislature is currently considering a bill on restrictions
to turtle harvest, based on recommendations by the Georgia Department
of Natural Resources.
The South Carolina state legislature is currently
considering a turtle harvest bill in the House, but it would allow
collectors to harvest up to 10 turtles at a time, with a maximum of 20
turtles per year - which would create an avenue for
illegal export of turtles from South
Carolina. A bill that would prohibit the sale,
barter, or trade of turtles is currently being considered by a subcommittee
in the Iowa
legislature.
The
petitioning groups are the Center for Biological Diversity, Center for
North American Herpetology, Center for Reptile and Amphibian Conservation
and Management, Center for Food Safety, Audubon Society of Central Arkansas
(AR), St. John's Riverkeeper (FL), Satilla Riverkeeper (GA), Altamaha
Riverkeeper (GA), Tallgrass Prairie Audubon Society (IA), Sierra Club,
Iowa Chapter (IA), Arkansas River Coalition (KS), Kentucky Heartwood
(KY), Gulf Restoration Network (LA), Ozark Rivers Chapter of the National
Audubon Society (MO), Miami Valley Audubon Society (OH), Western Cuyahoga
Audubon Society (OH), Oklahoma Chapter Sierra Club (OK), Charleston Chapter
Audubon Society (SC), Congaree Riverkeeper (SC), Tennessee Chapter Sierra
Club (TN), Tennessee Herpetological Society (TN), Tennessee Scenic Rivers
Association (TN), Save The Cumberland (TN), Lone Star Chapter Sierra Club
(TX), and Pineywoods Group Sierra Club (TX).
Most
wild turtles harvested in the United States
are exported to supply food markets in Asia, primarily China, where turtle consumption
rates have soared and as a result, most native freshwater turtles have been
driven to extinction in the wild. Importers are now turning to the United States
to meet demand. Turtles are sold to Asian seafood markets in the United States
as well. Many of these turtles are harvested from streams under state and
federal fish advisories and bans that caution against and prohibit human
consumption, due to aquatic contaminants that are carcinogenic or harmful
to humans such as DDT, PCBs, pesticides, mercury and other heavy metals.
Turtles live longer and bioaccumulate considerably greater amounts of
aquatic contaminants than fish, particularly snapping and softshell turtles
that burrow in contaminated sediments.
"Hundreds
of thousands of wild-caught turtles are sold locally as food or exported to
international food markets from these states each year, many contaminated
with dangerous levels of mercury, PCBs, and pesticides," said Miller.
"This food trade is completely unregulated, so the potential health
implications are staggering."
Because
freshwater turtles are long lived (some may reach 150 years of age), breed
late in life, and have low reproductive and survival rates, they are highly
vulnerable to overharvest. Removing even a few adults from a stream can
have a population effect lasting for decades, since each adult turtle
removed eliminates the reproductive potential over a breeding life that may
exceed 50 years. Stable turtle populations are dependent on sufficient long
lived breeding adults to offset natural mortality and human impacts.
Commercial collecting of wild turtles intensifies the effects of water
pollution, road mortality, incidental take from fishery devices, and
habitat loss, which are already contributing to turtle declines. Scientists
warn that freshwater turtles can not sustain any significant level of
harvest from the wild without leading to population crashes.
Adult
turtles, particularly map turtles and snapping turtles, are also harvested
from the wild to breed hatchlings in captivity for the international pet
trade. Turtle dealers solicit huge numbers of wild turtles from American
sources on the internet. A single dealer can employ a virtual army of hundreds
of interstate turtle collectors to conduct unlimited turtle harvest in
states where commercial harvest is still legal.
Arkansas, Iowa, Kentucky, Louisiana,
Missouri, Ohio,
South Carolina, and Tennessee continue to allow unlimited
commercial take of all sizes and ages of most species of native turtles,
using unlimited quantities of lethal hoopnets and box traps in public and
private waters. Although some of these states protect rarer turtle species,
many state and federally protected freshwater turtles are incidentally
harvested and sold since turtle traps do not distinguish the species
captured, and collectors often misidentify protected species captured in
traps that appear similar to non-protected turtles. Hoopnets and box traps
are lethal devices that also capture, maim, kill, and drown protected
turtle species, non-target fish, mammals, and migratory birds, and in some
areas, endangered species such as the federally threatened American
alligator.
State
wildlife agencies in Mississippi, North Carolina, and Alabama have prohibited commercial take
of wild freshwater turtles. North
Carolina closed all commercial harvest of aquatic
turtles after compiling one years worth of harvest data which showed the
removal of 28,000 wild caught turtles. Wildlife biologists from states with
bans have advised neighboring states to also ban harvest, since wildlife
traffickers illegally collect turtles in states where they are protected
and claim they were collected in states where harvest is still legal. Most
states do not survey to determine densities of turtle populations nor
require commercial collectors to report the quantity and species of turtles
harvested from the wild. Tennessee
is one of the only states that has conducted bioaccumulation analyses of
toxins in freshwater turtles, with disturbing results.
The
petitions and background information on the commercial harvest of
freshwater turtles can be found on the Center for Biological Diversity Web
site at:
www.biologicaldiversity.org/campaigns/southern_and_midwestern_freshwater_turtles/index.html.
The
Center for Biological Diversity is a nonprofit
conservation organization with 200,000 members and online activists
dedicated to the protection of endangered species and wild places.
State Turtle Harvest Information
Arkansas
Arkansas law allows turtle collectors to
deploy an unlimited number of box traps and hoopnets to harvest freshwater
turtles. Of the 16 species of turtles that occur in Arkansas, 11 aquatic species are
commercially harvested. Box turtles (genus Terrapene),
alligator snapping turtles (Macrochelys
temminckii), and chicken turtles (Deirochelys reticularia) are prohibited from harvest or
restricted possession in Arkansas.
The dominant commercial species in Arkansas
are the red-eared slider (Trachemys
scripta), which comprised 80% of total harvest, spiny softshell
(Apalone spinifera), and
common snapping turtle (Chelydra
serpentina). Map turtles are harvested in Arkansas for the pet trade. Mandatory
reporting of turtle harvests in Arkansas
by collectors only began in 2004. From 2004-2006, 589,382 aquatic turtles
were reported harvested by commercial collectors in Arkansas, an average of 196,460 turtles
per year. Turtles are harvested primarily from the Mississippi Delta
ecoregion. Commercial dealers are attempting to open additional waters in Arkansas to the use
of hoop nets, seeking to exploit previously unharvested populations as
demand goes up due to other state's turtle harvest restrictions. The
Arkansas Game and Fish Commission does not monitor health or population
trends of wild turtle populations.
Florida
In
September 2008, Florida
imposed a temporary, 20 turtle-a-day limit for commercial fishermen while
it reviews harvest regulations. The interim rules continue to allow turtle
harvest using hoopnets and inexplicably allow the possession of several
imperiled Florida turtle species such as alligator snapping turtle (Macrochelys temminkcii), Escambia map
turtle (Graptemys escambia)
and Barbour's map turtle (Graptemys
barbouri). Herpetologists report drastic population depletions
and even extirpations of most southern map turtle species, in Florida, especially
in the panhandle. The Florida Fish and Wildlife Conservation Commission is
undertaking a year-long study of freshwater turtles. Florida already prohibits harvest of
river cooters, soft-shell turtles and their eggs during the early summer,
which is nesting season. Florida
in the past has not monitored the health or population trends of wild
turtle populations, kept track of numbers of turtles harvested each year,
or required commercial harvesters to report their take. The U.S. Fish and
Wildlife Service reports 3,000 pounds of freshwater turtles are exported
from Miami
per week, and one Broward seafood firm purchases about 15,000 pounds of
native softshells weekly. Florida Governor Charlie Crist has publicly supported
a complete ban on wild turtle harvest.
Georgia
The Georgia
legislature is currently considering a bill on restrictions to turtle
harvest, based on recommendations by the Georgia Department of Natural
Resources. Harvest is currently unregulated for 13 out of 14 native
freshwater turtle species in Georgia. Except for the Chattahoochee River
between Georgia and Alabama, the Georgia
Department of Natural Resources allows unlimited commercial harvest of
freshwater turtles using an unlimited quantity of hoopnets. Georgia
does not require collectors to report the quantity, species, harvest locale
or destination of captured turtles. Georgia protects the Bog turtle
(Glyptemys muhlenbergii ) as
Endangered and the Barbour's map turtle (Graptemys barbouri) and alligator snapping turtle (Macrochelys temminckii) as Threatened.
Numerous herpetologists have reported drastic population depletions and
even extirpation of most southern map turtle species from Georgia.
Iowa
Iowa allows commercial turtle collectors
to legally take an unlimited number of common snapping turtles, softshell
turtles and painted turtles with a commercial turtle license using an
unlimited number of hoopnets and boxtraps. Nonresident dealers can only
take these three species from the Missouri,
Mississippi and Bog Sioux
Rivers. Iowa law prohibits
the harvest of rare turtle species including alligator snapping turtles (Macrochelys temmickii), chicken
turtles (Deirochelys reticularia)
and Blanding's turtles (Emydoidea
blandingii). However, these species overlap in range with
non-protected turtles in Iowa
and are caught in baited traps set by commercial collectors. Trappers often
can not distinguish alligator snappers from common snappers and coin both
species simply as "snappers" or "loggerheads." To
the untrained eye chicken turtles are strikingly similar in appearance to
red eared sliders and river cooters. Collectors who can distinguish these
species and who realize their high value for the international pet trade
may purposely harvest and portray them as common snappers and red eared
sliders and sell these to dealers in states where their commerce is legal.
The largest known Midwest state dealer of common snapping turtles has
operated in Iowa
for more than thirty years. Iowa does not
track the amount of turtles harvested from Iowa waters and the Iowa Department of
Natural Resources does not monitor health or population trends of wild
turtle populations. A bill that would prohibit the sale, barter, or trade
of turtles is currently being considered by a subcommittee in the Iowa legislature.
Kentucky
Kentucky law allows turtle collectors to
deploy an unlimited number of box traps and hoopnets to harvest common
snapping and softshell turtles. Kentucky
does not have data on freshwater turtle harvest levels. A commercial turtle
operation is known to occur on Reelfoot
Lake in western Kentucky;
and a single collector of more than thirty years captures common snapping
turtles from private stock ponds in intensive agricultural areas in western
Kentucky,
and can capture over 330 turtles in one year. Kentucky law prohibits the harvest of
rare turtle species including alligator snapping turtles (Macrochelys temmickii) and chicken
turtles (Deirochelys reticularia).
However, these species overlap in range with non-protected turtles in Kentucky and are
caught in baited traps set by commercial collectors. Trappers often can not
distinguish alligator snappers from common snappers and coin both species
simply as "loggerheads." To the untrained eye chicken turtles
are strikingly similar in appearance to red eared sliders and river
cooters. Collectors who can distinguish these species and who realize their
high value for the international pet trade may purposely harvest and
portray them as common snappers and red eared sliders and sell these to
dealers in states where their commerce is legal. Kentucky Fish and Game
Department does not monitor health or population trends of wild turtle
populations.
Louisiana
Louisiana law allows unlimited commercial
harvest of 24 native freshwater turtle species and allows turtle collectors
to deploy an unlimited number of box traps and hoopnets to harvest
freshwater turtles. Louisiana
prohibits harvest of two federally protected map turtle species (Graptemys oculifera and G. flavimaculata). However, illegal
harvest of these two endangered map turtles occurs to meet the demands of a
black market turtle trade.
Until 2004, Louisiana
was the last state that allowed unlimited commercial harvest of alligator
snapping turtles. Harvest of wild adult alligator snappers in Louisiana
intensified in the mid 1990s through 2004 to facilitate trophy adult males
for the zoo and aquarium exhibit industry and to breed hatchlings for the
international pet trade. For example, in 2000 an estimated 220 adult snappers
were taken from the Ouachita River by a single collector to breed and sell
hatchlings to buyers abroad; and another pet dealer from Missouri
estimated buying 8,000-10,000 pounds per year live weight of adult snappers
from trappers in Louisiana.
Due to harvest pressures, Louisiana
prohibited unlimited commercial harvest of alligator snapping turtles in
2004, but allows "recreational take" of one alligator snapping
turtle per day.
Although
Louisiana
is the heart of the turtle industry and conservation groups and
herpetologists have long recommended banning all turtle harvest, collectors
are not required to report the quantity of turtles captured, species,
harvest locale, or destination of captured turtles. Louisiana Department of
Wildlife and Fisheries statewide population surveys from 1996 to 2001 show
severely depleted populations and extirpations of alligator snapping
turtles from areas that once supported substantial populations, consistent
with surveys by herpetologists in 1994, 1988, and 2002. The depletions of
alligator snapping turtles are bioindicators of population levels and
diversity of other commercially sought turtle species (common snapper,
softshell, red ear, cooter and map turtles) in the surveyed areas. Louisiana trappers also report population depletions
and because of this Louisiana turtle
dealers are soliciting commercial numbers of turtles as far away as South Carolina.
Missouri
Missouri law allows turtle collectors to
deploy an unlimited number of box traps and hoopnets to harvest freshwater
turtles. Collectors may harvest an unlimited number of common snapping
turtles and spiny and smooth softshell turtles in three major watersheds:
the Missouri River, Mississippi River, and St. Francis
River. However, collectors are not required to report the
date, species or quantity of turtles captured or stream and county where
harvest occurred. Missouri
law prohibits the harvest of rare turtle species including alligator
snapping turtles (Macrochelys temmickii),
and chicken turtles (Deirochelys
reticularia). However, these species overlap in range with
non-protected turtles in Missouri
and are caught in baited traps set by commercial collectors. Trappers often
can not distinguish alligator snappers from common snappers and coin both
species simply as "loggerheads." To the untrained eye chicken
turtles are strikingly similar in appearance to red eared sliders and river
cooters. Collectors who can distinguish these species and who realize their
high value for the international pet trade may purposely harvest and
portray them as common snappers and red eared sliders and sell these to
dealers in states where their commerce is legal. Alligator snapping turtle
population surveys from the boot heel of Missouri show depleted and extirpated
population, which may indicate relatively low densities of other turtle
species. Studies funded by the Missouri Department of Conservation describe
grave concern for depleted turtle populations resulting from incidental
mortality from commercial fishing nets that are commonly deployed in Missouri.
Ohio
Ohio
law allows turtle collectors to deploy an unlimited number of box traps and
hoopnets to harvest freshwater turtles, and allows unlimited commercial
harvest of common snapping turtles (Chelydraserpentina),
smooth softshell turtles (Apalone
spinifera) and spiny softshell turtles (Apalone mutica). Ohio does not require collectors to
report the number or species of turtles taken from the wild. Ohio prohibits the
harvest of rare turtle species including wood turtles (Clemmys insculpta), chicken turtles (Deirochelys reticularia), spotted
turtles (Clemmys guttata) and
Blanding's turtles (Emydoidea
blandingii). However, these species overlap in range with
snapping turtles and softshell turtles are caught in baited traps set by
commercial collectors. Trappers often do not distinguish common snappers
from chicken, spotted or Blanding's turtles and coin all species
simply as "snappers" or "stripernecks." To the
untrained eye chicken turtles are strikingly similar in appearance to red
eared sliders and river cooters. Collectors who can distinguish these
species and who realize their high value for the international pet trade
may purposely harvest and portray them as common snappers and sell these to
dealers in states where their commerce is legal. The Ohio Department of
Natural Resources does not monitor health or population trends of wild
turtle populations.
Oklahoma
In
May 2008 the Oklahoma Wildlife Conservation Commission enacted a three-year
moratorium on commercial harvest of turtles from all public waters, but
allowed continued harvest in private waters. During the moratorium, the
Department of Wildlife Conservation will study the status of Oklahoma's
wild turtle populations, the effects of commercial harvest, and the potential
contamination of turtles sold as food with heavy metals and pesticides. The
Commission also requested Department of Wildlife Conservation staff to
further explore the potential need to close all waters, including private
waters, to harvest. Recent surveys by Oklahoma
State University
show depletions and extinction of freshwater turtles in many Oklahoma streams.
Commercial turtle buyers in Oklahoma
reported purchasing almost 750,000 wild-caught turtles from 1994 to 1999.
The Commission resolution noted that 92 commercial turtle harvesters
reported trapping 63,814 wild turtles in Oklahoma in 2007.
South
Carolina
South Carolina law allows turtle collectors to
deploy an unlimited number of box traps and hoopnets to harvest freshwater turtles,
and allows unlimited harvest of common snapping turtles (Chelydra serpentina) from streams
draining into the Atlantic Ocean. South Carolina does
not require collectors to report the quantity of turtles harvested. South Carolina
prohibits the harvest of rare turtle species including chicken turtles (Deirochelys reticularia), spotted
turtles (Clemmys guttata) and
federally protected bog turtles (Glyptemys
muhlenbergii). However, the chicken and spotted turtles overlap
in range with snapping turtles in South Carolina
and streams draining into the Atlantic and
are caught in baited traps set by commercial collectors. Trappers often do
not distinguish common snappers from chicken and spotted turtles and coin
both species simply as "snappers" or "stripernecks."
To the untrained eye chicken turtles are strikingly similar in appearance
to red eared sliders and river cooters. Collectors who can distinguish
these species and who realize their high value for the international pet
trade may purposely harvest and portray them as common snappers and red
eared sliders and sell these to dealers in states where their commerce is
legal. The South Carolina Department of Natural Resources does not monitor
health or population trends of wild turtle populations. The South Carolina state legislature is currently
considering a turtle harvest bill in the House, but it would allow
collectors to harvest up to 10 turtles at a time, with a maximum of 20
turtles per year - which would create an avenue for
illegal export of turtles from South
Carolina.
Tennessee
In
the mid 1990s the Tennessee Wildlife Resources Agency prohibited commercial
harvest of most turtle species throughout the majority of the state, after
law enforcement reported encountering resident and nonresident turtle collectors
in Tennessee who worked for large scale
turtle export turtle dealers in Louisiana
and Arkansas.
However unlimited harvest is still allowed for eleven turtle species from
three Tennessee counties along the
Mississippi River surrounding Reelfoot
Lake in northwest Tennessee. In Lake, Obion, and Dyer counties snapping turtles, map
turtles, soft-shell turtles, river cooters, western painted turtles,
red-eared sliders, common mud turtles, and common musk turtles may continue
to be taken commercially in unlimited quantities. Collectors may also
harvest an unlimited number of common snapping turtles over 12 inches from
any water that is open to commercial harvest. Tennessee law allows turtle collectors
to deploy an unlimited number of box traps and hoopnets to harvest
freshwater turtles. Commercial harvesters must report their monthly
harvest. Tennessee
prohibits the harvest of rare turtle species including alligator snapping
turtles (Macrochelys temmickii)
and chicken turtles (Deirochelys
reticularia). However, these species overlap in range with
non-protected turtles in Tennessee
and are caught in baited traps set by commercial collectors. Trappers often
can not distinguish alligator snappers from common snappers and coin both
species simply as "loggerheads." To the untrained eye chicken
turtles are strikingly similar in appearance to red eared sliders and river
cooters. Collectors who can distinguish these species and who realize their
high value for the international pet trade may purposely harvest and portray
them as common snappers and red eared sliders and sell these to dealers in
states where their commerce is legal.
Tennessee is one of the only states in the
nation that has conducted bioaccumulation analyses of snapping turtles
muscle tissue, fat tissue and eggs. Sample results from the 1990s showed
high levels of pesticides, PCBs, heavy metals and mercury in snapping
turtles beyond permissible FDA guideline thresholds that were safe for
consumption. This study was published in 1997, yet it remains legal in Tennessee to
commercially harvest snapping turtles from known contaminated areas to be
sold as food. Since 2007, fear of harvest moratoriums in neighboring states
where commercial harvest is legal may have intensified harvest pressure in Tennessee,
especially in streams that are not known to have been trapped. For example,
in 2007 TWRA law enforcement engaged a nonresident collector with more than
4,000 pounds of common snapping turtle harvested from Old Hickory Reservoir
in Davidson County. The turtles were to be sold
to an exporter in an undisclosed state.
Texas
In
2007 the Texas Parks and Wildlife Commission voted to end
commercial harvest of turtles in public waters in Texas, but continued to allow unlimited
harvest of some native turtle species from streams and lakes on private
lands. A petition was submitted in 2008 to the Texas Department of Health
to ban all commercial turtle harvest in Texas, including on private lands, due
to significant public-health risk from consumption of contaminated turtles.
Over a quarter million wild-caught adult turtles captured in Texas were exported from Dallas
Fort Worth Airport
to Asia for human consumption from 2002 to
2005. A major Texas turtle dealer employs
an interstate network of 450 collectors that harvest turtles from Texas and other
southern states where unlimited harvest is allowed or harvest is
inadequately regulated.
At the Center for Biological Diversity, we believe that the welfare of human beings is deeply linked to nature — to the existence in our world of a vast diversity of wild animals and plants. Because diversity has intrinsic value, and because its loss impoverishes society, we work to secure a future for all species, great and small, hovering on the brink of extinction. We do so through science, law and creative media, with a focus on protecting the lands, waters and climate that species need to survive.
(520) 623-5252"The most exclusive dinner in the world with the most corrupt president in American history," said one congressional Democrat.
The company behind US President Donald Trump's meme coin has launched a competition giving participants an opportunity to attend "the most exclusive dinner in the world"—all they have to do is buy a digital token with no inherent value that has lost investors billions of dollars while further enriching the president.
The Washington Sun reported Thursday that winners of the competition, held by CIC Digital and Fight Fight Fight LLC, "will be chosen based on a formula that seems designed in part to increase sales of $TRUMP in the next two months." The event invite promises the top 185 holders of the meme coin an evening with three unidentified "legends" and Trump, "plus a private meet and greet with a legend yet to be announced," at the president's golf club in Virginia.
The November 22 dinner will mark the second exclusive event for holders of Trump's meme coin, which has netted the president at least $635 million, according to recent financial disclosures.
Investors in the digital token haven't fared nearly as well: The cryptocurrency analytics firm Nansen has estimated that nearly a million people who purchased the meme coin through the end of June 2026 had combined losses of around $4 billion.
NEWS: Trump to host "most EXCLUSIVE DINNER IN THE WORLD" for top 185 purchasers of his meme crypto
Buying $1M (or less!) worth of $TRUMP coin should get you in Nov 22
Trump has pocketed $635 million
Investors down +$4 billion on Trump crypto
Invite ⬇️https://t.co/u8ck5DDR8v pic.twitter.com/ZUnBRCnN9g
— Jeff Stein (@jstein_sun) October 1, 2026
Last May, the top buyers of Trump's meme coin—including Chinese billionaire Justin Sun, who has poured tens of millions of dollars into the president's crypto ventures—attended an exclusive dinner at Trump's Virginia golf club and received a VIP tour of the White House. Ethics experts and other critics described the event as "corruption embodied."
News of the second dinner sparked similar outcry. "This is the most brazenly corrupt shit I have ever seen in politics and it's not even close," wrote Tommy Vietor, a podcast host and former spokesperson for Barack Obama.
Rep. Greg Landsman (D-Ohio) characterized the event as "the most exclusive dinner in the world with the most corrupt president in American history."
"Either they'll do something very proper and smart, or they won't be around very long," Trump said of Iran's government.
The Pentagon is preparing to dramatically expand the American military presence in the Middle East as President Donald Trump weighs renewed attacks on Iran, with thousands of additional troops and a third aircraft carrier being readied for deployment, even as the conflict he has repeatedly declared "over" or "won" threatens to erupt into a new and potentially broader phase.
The Washington Post reported Thursday that the Pentagon is preparing options that could put as many as three US aircraft carriers and their accompanying warships in the Middle East.
According to The Associated Press, around 9,000 additional sailors and Marines are being dispatched aboard the USS Theodore Roosevelt carrier strike group and the USS Makin Island amphibious readiness group. The buildup could push the number of US personnel in the region above 20,000 by late October.
The Roosevelt is being sent to relieve the USS George Washington, while a third carrier, the USS George HW Bush, is also already in the region.
The new deployment plans come as diplomacy between Washington and Tehran remains stalled, and as Trump has repeatedly threatened to resume large-scale military action—including the total annihilation of the nation of over 90 million people—after the November midterm elections.
"Either they'll do something very proper and smart, or they won't be around very long," Trump said of the Iranian government Thursday in Denton, Texas. "Frankly, I hate to see that, but they won't be around very long."
Iran, meanwhile, has reportedly begun preparing for a more expansive retaliation should the United States launch another major attack in the illegal US-Israeli war of choice against the Middle East nation.
Hamidreza Azizi, a senior Iran analyst at the International Crisis Group, told Reuters Thursday that the Iranian government seems "determined not to respond symbolically to a symbolic move and instead to escalate in the hope of reestablishing deterrence."
Republican National Committee Co-Chair Lara Trump—the president's daughter-in-law—warned during a Wednesday interview with British journalist Harry Cole that the increasingly protracted Iran War could not only tarnish Trump's legacy, but could also cost Republicans next month's midterm elections.
"Well, it's possible," Trump—who campaigned as the "peace president" on a promise of no new wars—said of the midterm risks Thursday on his way to Texas, before adding that “it should help because Iran will not have a nuclear weapon."
The intelligence consensus of every US administration since former President George W. Bush—including during both of Trump's terms—has been that Iran has not been trying to develop nuclear weapons.
United Nations High Commissioner for Human Rights Volker Türk also argued that "the death penalty has no place in any society."
United Nations human rights experts on Thursday joined the growing chorus of people around the world outraged by Tennessee's two botched attempts to execute Christa Pike and called on the state to refrain from trying again to kill the 50-year-old woman.
After a last-minute legal battle, the US Supreme Court allowed Tennessee to execute Pike for the 1995 murder of Colleen Slemmer. The state tried to do so at Riverbend Maximum Security Institution in Nashville on Wednesday night—with two injections of pentobarbital, each of which was supposed to be lethal—but she survived and was transported by ambulance to a hospital.
A doctor interviewed by WSMV 4 Nashville's Steve Mehling suggested that an IV could have been placed incorrectly—and, as the journalist summarized: "Pike may suffer from a flurry of long-term effects. This includes skin necrosis, permanent scarring, functional impairment, compartment syndrome, chronic neuropathic pain, and pigmentation change at the injection site."
As of Thursday afternoon, Pike's attorneys said that she was still alive, but in critical condition, "and receiving lifesaving medical care," according to The Washington Post. Republican Gov. Bill Lee, who had previously declined to grant clemency in this case, has since halted executions in Tennessee and ordered an investigation into the state's second botched killing of an inmate this year.
Several UN special rapporteurs and members of the Working Group on Discrimination Against Women and Girls had urged US authorities to commute Pike's sentence last month, saying that her "execution would mark the culmination of a trajectory of severe physical and psychological suffering marked by childhood abuse and nearly three decades of solitary confinement on death row."
After Wednesday's botched attempts, some of the same experts weighed in again: "Christa Pike was denied clemency. One hour before her execution, a court halted it. The Supreme Court then lifted the stay. She was injected twice with lethal drugs and survived. Forcing a person to face death, have it suspended, and then face it again within hours amounts to barbaric and torturous punishment, compounded in this case by decades of psychological torture on death row."
"The state of Tennessee must immediately and irrevocably end this cruelty by commuting Christa Pike's death sentence," said Morris Tidball-Binz, special rapporteur on extrajudicial, summary, or arbitrary executions; Margaret Satterthwaite, special rapporteur on the independence of judges and lawyers; Pau Pérez-Sales, special rapporteur on torture; Mariângela Batista Galvão Simão, special rapporteur on the right to health; Reem Alsalem, special rapporteur on violence against women and girls; and working group members Claudia Flores, Ivana Krstić, Dorothy Estrada-Tanck, and Haina Lu.
United Nations High Commissioner for Human Rights Volker Türk went even further, arguing against capital punishment.
"The case of Christa Pike lays bare multiple reasons why the death penalty should be abolished," said a statement from his office. "The prolonged suffering—physical and mental—arising from multiple failed execution attempts is abhorrent, and cruel. And there are key fair trial questions still unresolved."
Türk is calling on "state authorities not to pursue any further attempt to execute Pike," his office said. "We are also troubled by the increase in the number of executions in the United States. The death penalty has no place in any society."
"Sam Altman says we need to slow down development to ensure the safety of humanity," one campaigner said of OpenAI's CEO. "Yet he is allegedly firing the very people hired to keep us safe."
San Francisco-based artificial intelligence firm OpenAI has "parted ways" with three safety researchers who allegedly shared "confidential company information," The Wall Street Journal reported Thursday, prompting fresh alarm among critics who accuse the ChatGPT maker of sidelining internal warnings about the risks posed by its increasingly powerful AI.
People reportedly familiar with the matter told the Journal that OpenAI recently informed employees it had terminated the three researchers, who it accused of sharing the information with "a third-party AI safety organization."
OpenAI did not identify the researchers, the outside organization, or the information allegedly shared. A company spokesperson told the newspaper that "our investigation confirmed that these individuals mishandled sensitive information outside established company procedures, violating our policies and breaking the trust essential to our work.”
The Journal's Maxwell Zeff—who authored the report with Keach Hagey and Berber Jin—subsequently identified the three safety team members as Jasmine Wang, Tomek Korbak, and Mikita Balesni.
"Looks like they're firing whistleblowers," Congressional Progressive Caucus Chair Greg Casar (D-Texas) said in response to the report. "What are they hiding?"
"I'll be sending OpenAI a demand for transparency," he added.
Shaunna Thomas is the executive director of Guardrails Alliance, a super political action committee made up of "workers, organizers, policy experts, and everyday people who believe the most powerful technology ever built shouldn’t be controlled by a handful of unaccountable billionaires."
Thomas called the Journal report "the latest example of OpenAI advocating for safety measures in the public eye, but actively making decisions and lobbying against those efforts behind closed doors."
"Sam Altman says we need to slow down development to ensure the safety of humanity," Thomas said, referring to OpenAI's CEO. "Yet he is allegedly firing the very people hired to keep us safe. When deep insiders are sounding the alarm, history tells us to listen. OpenAI is not only ignoring their warnings, it’s punishing them."
"In the absence of clear regulations, insiders are a crucial factor in keeping the rest of us safe as these models continue to do unpredictable things," she added. "We must stand with rank-and- file employees and fight for their protection."
The new allegations come amid an intensifying debate over whether OpenAI and other frontier AI companies can adequately police themselves.
As Common Dreams recently reported, OpenAI and other AI firms are investigating tens of thousands of security incidents, including episodes involving attempts to bypass guardrails, escape sandboxes, hijack websites, and even access government systems.
In July, an OpenAI model autonomously breached the systems of the open-source platform Hugging Face during an internal cybersecurity test. Experts warned that the incident demonstrated the dangers of relying on voluntary corporate safeguards.
It's not just OpenAI; in 2026 alone, companies including Google, Meta, and Anthropic have reported incidents of AI autonomously escaping supposedly isolated testing environments and targeting real-world systems.
AI safety campaigners and some Democratic lawmakers this week lambasted President Donald Trump, who, after meeting with Big Tech executives including OpenAI president Greg Brockman, dismissed the lack of legally binding commitments regarding AI regulation by saying he trusted the corporate leaders' "morally binding" self-policing pledge.
Elon Musk, CEO of the artificial intelligence company xAI, has said that such incidents “will happen frequently as AI becomes smarter and more agentic,” a reference to systems’ ability to independently act toward accomplishing specific goals without meaningful human control.
Experts say such autonomous hacks underscore the problem of AI alignment. As AI progresses toward artificial general intelligence—a still-hypothetical point at which it matches or surpasses human cognitive ability at virtually any intellectual, creative, or physical task—the challenge of ensuring that advanced systems reliably pursue goals that match what humans actually want becomes increasingly difficult and, many insiders believe, dangerous to the point of posing an existential risk to humanity.
Last month, Casar and Sen. Bernie Sanders (I-Vt.) unveiled legislation that would pause development of advanced AI.
Congressman Ro Khanna (D-Calif.) also said this week that he is seeking to introduce legislation to at least temporarily ban recursive self-improvement, or AI that is capable of improving itself and modifying its objectives without meaningful human input.
And on Thursday, Congresswoman Pramila Jayapal (D-Wash.) put forth a bill that would compel every AI company operating in the US to obtain a public charter.
“This issue is of monumental consequence,” said Sanders. “I’d rather be called an alarmist than a father or grandfather who is asleep at the wheel."
One campaigner warned that the administration's effort "to legalize most killings of endangered wildlife would essentially mean open season on species already on the brink of annihilation."
Conservation groups that sued this summer over President Donald Trump's administration rescinding the regulatory definition of "harm" in the Endangered Species Act updated their legal challenge on Thursday after yet another attack on the landmark law.
The coalition's supplemental complaint explains to a federal court in Seattle that since the lawsuit was first filed in July, administrative leaders have directed various agencies to interpret the ESA to mean that only intentionally killing or wounding a protected species is illegal—a shift that critics condemned as "an all-out war on America's wildlife."
As the "harm" rescission took effect on September 14, US Fish and Wildlife Service Director Brian Nesvik issued a related memorandum with that interpretation—effectively allowing "incidental" killing. John Luce, general counsel at the National Oceanic and Atmospheric Administration, sent the same directive to eight sections of NOAA.
These memos "violate the plain language and overarching purpose of the ESA; they also lack any reasoned basis, are arbitrary and capricious, and failed to comply with applicable notice-and-comment rulemaking requirements," the new filing argues, citing the Administrative Procedure Act. The coalition is asking the court to vacate the memos and bar the agencies from using their interpretations of the 1973 law.
"This despicable effort to legalize most killings of endangered wildlife would essentially mean open season on species already on the brink of annihilation," said Noah Greenwald, endangered species co-director at the Center for Biological Diversity, in a Thursday statement. "It's the most serious attack on imperiled animals since the Endangered Species Act was passed more than 50 years ago."
"Without protection against the daily assaults of our modern world, Florida manatees, spotted owls, snowy plovers, and so many other animals that bring color to our world won't stand a chance," he warned, noting that "habitat destruction is the single biggest cause of species endangerment and extinction" in the United States and beyond.
Greenwald added that "with this destruction, the perils faced by plants and animals have grown exponentially. Such peril doesn't come down the barrel of a gun, but it's still a deadly threat, and the Endangered Species Act can and must protect our imperiled wildlife from this kind of careless killing."
In addition to the center, the coalition behind the case includes Columbia Riverkeeper, Conservation Law Foundation, Conservation Northwest, Friends of the Wild Swan, Oregon Wild, Sierra Club, Swan View Coalition, and WildEarth Guardians, with legal representation by Earthjustice.
After the memos were exposed last month, Earthjustice attorney Ben Levitan declared that "the government's new legal position is a prescription for extinction."
"It says that as long as you claim you didn't mean to kill an endangered species, the law can't and won't stop you," he stressed. "That's ridiculous—and a totally illegal, active misreading of the Endangered Species Act. We'll see the Trump administration in court about this."
"For too long, we’ve allowed a few Big Tech companies to dominate the market."
Rep. Pramila Jayapal on Thursday unveiled a bill aimed at reining in the artificial intelligence industry that would force every AI company operating in the US to obtain a public charter.
According to Jayapal (D-Wash.), the charter system will be similar to the one long used in the US to regulate banks, which must submit to certain regulatory obligations before being allowed to operate.
"The crux of this bill is simple," said Jayapal. "If you want to be an AI company in this country, you have to obtain a public charter that has a broad set of terms and conditions to operate and ensure public benefit without the harms."
The Washington Democrat said the charter approach was needed given the broad reach large technology companies already have over every aspect of life in the US, and she argued it would be a more proactive alternative to the piecemeal approach US lawmakers have taken to regulating Big Tech.
"For too long, we’ve allowed a few Big Tech companies to dominate the market," she said. "They have used mass surveillance to steal private information, labor, and creative work, building trillion-dollar empires on our tracked personal lives. AI corporations and Big Tech are now following that same playbook."
Under the charter system, tech companies would be banned from practices such as surveillance pricing to charge individual consumers different prices based on their personal data and financial histories.
The system would also establish stronger liabilities for AI companies that commit harmful acts, and particularly egregious actions could be punished by removal of firms' charters, which would essentially be a corporate death penalty.
Jayapal's proposal would also put the government in charge of every step of the AI safety review process and would include "round-the-clock federal oversight, testing in government facilities and approval to release, adversarial stress tests, and a government-controlled kill switch," according to her office.
The proposed framework earned praise from former Federal Trade Commission Chair Lina Khan, who argued that American voters have already "paid an extraordinary price for Big Tech's self-regulation."
"For generations we have required banks, drug makers, and nuclear operators to meet public terms before they do business," Khan added, "and AI companies should be no different."
Sacha Haworth, executive director of the Tech Oversight Project, also gave the Jayapal plan kudos, saying it would "establish desperately needed rules of the road, punish AI companies that release dangerous products, and create the clear public benefit that the American people are calling for."
"Companies have continually pulled the rug out from under families, workers, and small businesses to build powerful and unaccountable Big Tech monopolies that dictate to us how we should live our own lives," Haworth emphasized. "Enough is enough."
Although President Donald Trump and House Speaker Mike Johnson (R-La.) have publicly opposed legislative restrictions on the AI industry, the bill comes as Democrats are aiming to win congressional majorities in the November midterm elections.
A lawyer for 35-year-old Yehonatan Ovadia said his arrest by ICE demonstrates how "equating anti-Zionism with antisemitism produces absurd results."
The Trump administration has spent months targeting anti-Israel protesters for deportation as part of what it portrays as a fight against "antisemitism." One of its latest targets is a Hasidic Jewish rabbi.
Yehonatan Ovadia, a 35-year-old Israeli citizen, was arrested by US Immigration and Customs Enforcement (ICE) on August 28 after being summoned to immigration court in Manhattan. He now sits in Brooklyn's Metropolitan Detention Center, according to The New York Times, which broke news of his detention on Wednesday.
Ovadia, a father of five children, has lived in New York's Rockland County since coming to the United States on a religious worker visa in 2022. He is a member of the Satmar Hasidic sect, an ultra-Orthodox movement that opposes Zionism on religious grounds, holding that Jews should not establish a sovereign state in the land of Israel before the coming of the Messiah.
Some members of Satmar have vocally protested against US support for Israel's genocidal military assault in Gaza since it began in 2023.
“We demonstrated for Gaza, for the liberation of Gaza, for the rights of the Palestinians and to show to the world that the Jews, real Judaism, want to have peace,” Ovadia told the Times from detention.
As the death toll in Gaza has mounted, Ovadia has continued to attend anti-Israel marches across New York and New Jersey. Earlier this year, the government revoked his legal status after he appeared at one of these protests.
In November 2023, Ovadia joined a group of anti-Zionist Hasidic Jews to protest the display of a large Israeli flag at the Ramapo Town Hall. Some attendees were recorded cutting the flag down with scissors. Ovadia and another man were charged with hate crimes over the incident—charges that were later dropped.
Ovadia later pleaded guilty to a misdemeanor offense of disorderly conduct, for which he paid a $200 fine plus an additional $125 charge. He says he was not one of the men who took down the flag and that he did not know about the other attendees' plans to do so.
The formal reason for Ovadia's deportation, according to the Department of Homeland Security (DHS), was that he “overstayed his welcome and refused to depart” the US after losing his status. But the reason he lost that status is more revealing.
Though it acknowledged that Ovadia was eligible to maintain his religious worker status, the US Citizenship and Immigration Services (USCIS) ultimately revoked it “as a matter of discretion." It cited what it said were “adverse factors” stemming from the 2023 Israeli flag protest.
DHS stated even more explicitly that the content of Ovadia's speech was the real issue.
"The Trump administration acted well within its statutory and constitutional authority, as it does with any alien who advocates for violence, glorifies and supports terrorists, harasses Jews, and steals property," DHS said.
At the beginning of his second term, President Donald Trump issued an executive order directing DHS to target noncitizens who have participated in pro-Palestinian protests, which it has deemed antisemitic.
The order has led to nonviolent political organizers, like the Columbia University graduate student Mahmoud Khalil and many others, having their legal immigration statuses abruptly revoked and being whisked into ICE detention without warning. Federal courts have struck down this policy on First Amendment grounds.
Ovadia's attorneys have filed a lawsuit in federal court alleging that DHS had unlawfully retaliated against Ovadia for his protected speech. They argue that by targeting Ovadia over activism that stems from his religious beliefs, the government has taken “an official position” favoring “one religious position within Judaism” while penalizing "an adherent of another.”
Many Jewish protesters have been arrested during demonstrations in solidarity with Palestinians, including dozens who were arrested at a Jewish Voice for Peace event last week to protest Israeli Prime Minister Benjamin Netanyahu's speech at the United Nations General Assembly. But Ovadia's attorneys believe he may be the first Jewish protester to have his immigration status stripped.

Eric Lee, one of Ovadia's attorneys, has emphasized the case as an example of why "equating anti-Zionism with antisemitism produces absurd results."
"Trump's DHS says ICE detention of Yehonatan Ovadia is justified because he was 'harassing Jews,'" Lee wrote in a post on social media. "A rabbi detained for participating in a Hasidic demonstration against Israel three years ago was harassing... himself? What a joke!"
Ovadia, whom a judge has denied bond, appeared in immigration court on Wednesday, while dozens of supporters, many in traditional Hasidic dress, assembled outside.
And from detention, the man DHS has accused of "harassing Jews" continued to describe his activism not as hostility toward his own people, but as an expression of Jewish solidarity with Palestinians.
"From the Jewish people to our Palestinian brothers and sisters in Gaza and the West Bank and all over occupied Palestine: We didn't forget you!" Ovadia said in a statement shared by Lee. "We are following you, and we know that you are facing genocide! Please be strong and continue to believe! Because your struggle is our struggle and your liberation is our liberation!"
"We will SHOUT and DEMONSTRATE for you," he continued, "from New York, Washington, Canada, London, and from every place that we can in the free world."
"Your liberation is near," Ovadia concluded, "and it will bring peace and liberation to all of us."
The winners are "rewriting the rules that autocrats, patriarchs, and Silicon Valley’s most powerful men assumed were theirs to write alone.”
The winners of the annual Right Livelihood Award, announced on Wednesday, are two women and two women-led groups who "refused to wait for permission," said the executive director of the award committee.
“A system built to serve the few was never going to hold," said Ole von Uexkull, who added that the winners of the 2026 award are "rewriting the rules that autocrats, patriarchs, and Silicon Valley’s most powerful men assumed were theirs to write alone.”
The honorees include Jalila Haider, a Pakistani human rights lawyer who was the first female attorney from her Hazara community; Timnit Gebru, an American artificial intelligence researcher who has challenged the consolidation of power in Big Tech and exposed the potential harms of AI; the Rural Women's Assembly in South Africa, a movement of 78,000 small-scale farmers "united to defend land, seed, and bodily autonomy against corporate agribusiness and patriarchal dispossession"; and the Georgian Young Lawyers' Association (GYLA), the country's first human rights organization in Georgia, which has played a crucial role in its democratization.
The winners of the award, said Right Livelihood in a video about the 2026 laureates, "are making justice the center of the narrative."
Haider has combined legal work with on-the-ground activism, leading a seven-day hunger strike in 2018 against the targeted killing of Hazaras, a Shia Muslim minority, by the Pakistani army. The strike forced the army chief to negotiate directly with Hazara women, "resulting in a sustained decrease in attacks against the community."
Her law firm has also helped more than 600 political activists regain their freedom.
"Despite detention, cyberharassment, and death threats, she continues working toward a world where, in her words, 'no human being is illegal,'" said Right Livelihood.
Gebru was fired from Google after authoring an academic paper that warned of the risks posed by large language models; she had been co-leading the company's Ethics AI team. Now the founder and executive director of the Distributed Artificial Intelligence Research Institute (DAIR), the organization's distributed model "brings together researchers and collaborators across countries and continents, defying the centralized and corporate-driven concepts that mainstream AI entails."
"What keeps me going is belief in human agency," said Gebru in Right Livelihood's video.
The Rural Women's Assembly has "built one of the region’s largest autonomous platforms for rural women" with a volunteer structure, establishing 24 seed multiplication sites and "defending traditional seed systems from commercialization.
Its seed sovereignty efforts have challenged corporate control over South Africa's food systems and strengthened "communities’ resilience to climate shocks," according to Right Livelihood.
"We have the power, and we have the imagination that it will take to construct this new world, because another world is needed, and it's urgent," said the group's regional coordinator, Mercia Andrews.
GYLA is the first Right Livelihood winner from Georgia since the award was established in 1980. The group provides grassroots legal aid and has secured landmark legal victories, including ones that have protected rights for people with disabilities and guaranteed free education for every child in Georgia.
The group has opted to remain in the country with a scaled-down team, despite Georgia's repressive "foreign agents" law.
"With courage and determination, the organization presses on for a better future for all Georgians," said Right Livelihood.
The awards, which include support for the winners' work, are set to be presented on December 1 in Stockholm.
"Being able to heat your home in the freezing cold is not a luxury."
A group of 20 US senators on Thursday demanded that the US Department of Health and Human Services boost winter heating assistance as President Donald Trump's illegal war with Iran fuels a surge in energy costs.
In a letter sent to HHS Secretary Robert F. Kennedy Jr., the senators—19 Democrats along with Sen. Bernie Sanders (I-Vt.)—urged an emergency appropriation request for "at least $3 billion for the Low Income Home Energy Assistance Program (LIHEAP)," which would supplement the $4 billion already allocated to the heating assistance initiative.
"Without immediate action, senior citizens on fixed incomes, working families with kids, and people with disabilities are at serious risk of going cold this winter," the senators wrote. "In the richest country in the history of the world, we cannot let that happen."
The senators then pointed fingers at Trump, arguing that the president's "war in Iran and his opposition to renewable energy is sending home heating costs through the roof."
The price of heating oil, along with the price of gasoline and diesel fuel, has been skyrocketing in the months since Trump attacked Iran without congressional authorization in February.
Barron's reported on Wednesday that heating oil prices have now hit record highs, and an analysis published Monday by the National Energy Assistance Directors Association estimates that houses will pay an extra $900 for heating oil this winter, a 50% increase from the year before.
The senators concluded their letter by reiterating the urgency of passing emergency increases in LIHEAP funding.
"Emergency LIHEAP assistance is needed now more than ever," they wrote. "Without this vital funding, states will be forced to turn away families, reduce benefits, or exhaust heating assistance funds well before winter is over."
"Being able to heat your home in the freezing cold is not a luxury," they emphasized. "It is a matter of life and death."
"I believe it's a patriotic duty to pay taxes, and I do so with pride. Our tax system favors wealthy people, and the least we can do is pay up rather than try to avoid it."
As some of California's richest residents pour tens of millions of dollars into defeating a proposed billionaire tax, one former venture capitalist is making a remarkably different argument: He is perfectly happy to pay it—and he's not alone.
John O'Farrell, a former partner at Andreessen Horowitz, explained Wednesday in a 12-post thread on the social media platform X why he supports the California Billionaire Tax Act, commonly known as Proposition 40, which is on the state's November midterm ballot.
O'Farrell's argument contradicts the chorus of Silicon Valley billionaires and their allies who warn that taxing billionaire wealth would drive the ultra-rich out of California.
"I know where I want to live," he wrote.
"I've been fortunate to benefit from tech wealth. I'm not even close to being a billionaire, but I could easily afford to pay the wealth tax—and any billionaire certainly can—without the slightest effect on my lifestyle," O'Farrell said. "I support a wealth tax at my wealth level also."
Introduced by the Service Employees International Union-United Healthcare Workers West, Prop 40 would impose a one-time 5% levy on people worth $1 billion or more, with an option to pay the tax in annual installments of 1% over five years.
The proposal would require the state to spend 90% of revenue from the tax on healthcare and the rest on food assistance and public education. Proponents say the tax would raise roughly $100 billion in revenue. Critics argue that it could drive wealthy residents and investment from California and stall economic growth.
"I find the knee-jerk opposition of some ultra-wealthy people to the idea of paying any new tax deeply disappointing," O'Farrell said in his thread. "To be honest, I can't understand it. They have so much money they couldn't spend it in multiple lifetimes."
Inequality.org, a project of the Institute for Policy Studies—a Washington, DC-based progressive think tank—exposed 22 California billionaires who have poured more than $150 million into defeating Prop 40, "with more rolling in every day," as Chuck Collins wrote for the group.
"These 22 include a prince, several private jet-flying chums of Jeffrey Epstein, and a bunch of crypto and tech bros designing the [artificial intelligence] future for the rest of us," Collins noted. "On January 1, 2025, these 22 billionaires had a combined wealth of $439.8 billion. By September 1, 2026, their wealth had grown to $722.1 billion. In a little under 20 months, their combined wealth increased $282.6 billion, a gain of over 64%."
O'Farrell's social media thread pointed out how "our tax system favors wealthy people."
"I believe it's a patriotic duty to pay taxes, and I do so with pride," he wrote, adding, "the least we can do is pay up rather than try to avoid it."
"Paying taxes is ultimately a matter of self-interest," he contended. "What kind of society do we want to live in? One that rewards achievement but also emphasizes fairness and opportunity for all—or one in which you have to cower in a bunker and live in fear of the pitchforks?"
"One enables the pursuit of happiness for all," he concluded. "The other, just the pursuit of endless wealth."
Prop 40 is backed by numerous progressive groups including the Teamsters union, California Democratic Socialists of America (DSA), and Our Revolution, as well as individual progressives such as Sen. Bernie Sanders (I-Vt.), Rep. Ro Khanna (D-Calif.), and Democratic congressional candidate Connie Chan, who is running to replace retiring longtime San Francisco congresswoman Nancy Pelosi.
Sanders, Khanna, and others—including Congresswoman Aisha Wahab (D-Calif.), Democratic congressional candidate Randy Villegas, and California insurance commissioner candidate Jane Kim—are set to speak at a series of rallies for Prop 40 starting Saturday in San Francisco.
O'Farrell isn't the only wealthy Californian who supports Prop 40. Nvidia CEO Jensen Huang, whose fortune has soared into the hundreds of billions of dollars, has said he is “perfectly fine” with the proposed tax, telling Bloomberg that he and his family “chose to live in Silicon Valley” and that whatever taxes California applies, “so be it.”