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Column: After smearing Anthony Fauci, House Republicans proceed to defame a prominent vaccine scientist

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Column: After smearing Anthony Fauci, House Republicans proceed to defame a prominent vaccine scientist

Peter J. Hotez is one of America’s most prominent vaccine experts. A professor at Baylor College of Medicine, he’s also co-director of the Texas Children’s Center for Vaccine Development, which has developed and licensed a safe and effective COVID-19 vaccine that has been distributed widely in the third world.

He’s also among our most prominent critics of the anti-vaccine and anti-science movements that have so thoroughly infected our public discourse — most recently in his 2023 book “The Deadly Rise of Anti-Science: A Scientist’s Warning.” In my columns I’ve quoted him often on that theme.

But Hotez, 66, has had nothing to do with research into the origins of COVID-19, which is supposedly the principal topic of inquiry by the House Select Subcommittee on the Coronavirus Pandemic.

Anyone who wants my emails and can stomach the Qanon, Putin, and Nazi threats is more than welcomed to them.

— Peter Hotez

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So that raises the question of why the subcommittee chose to post a tweet about Hotez on Monday, completely out of the blue.

The tweet accused Hotez of complicity with an effort by David Morens of the National Institutes of Health to circumvent freedom-of-information inquiries by using a private, rather than official, email account. As these things go, the tweet exposes Hotez to public vituperation on social media and possibly physical harm.

The tweet read as follows:

“Meet Dr. Peter Hotez. Friend and potential accomplice to Dr. Fauci’s Senior Advisor — Dr. David Morens. New evidence suggests Dr. Hotez frequently communicated with Dr. Morens about FOIA evasion tactics and COVID-19 origins.”

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Also on Monday, the subcommittee demanded by letter that Hotez turn over all documents and communications between him and six federal agencies and 25 individuals, most of whom are scientists researching COVID’s origins. The letter asserted that Hotez was “involved in frequent e-mail discussions” with Morens and Peter Daszak of EcoHealth Alliance “regarding the origins of the coronavirus pandemic.”

A subcommittee spokesperson told me by email that its rationale for targeting Hotez is that among the 30,000 pages of emails Morens provided for its inquiry, “Dr. Hotez is involved in thousands.” In its letter, however, the panel cited only two emails; there are indications in the files it has released that to the extent Hotez is “involved” in emails with Morens, it’s as an addressee in group exchanges with other scientists.

The spokesperson also stated that “Dr. Hotez has relevant communications regarding the origins of COVID-19 with not only many individuals in the federal government and other scientists pertinent to our investigation, but also with Chinese scientists and researchers.” If it knew that, however, why would it need to ask Hotez to provide the communications? Plainly it’s engaged in a fishing expedition.

In any event, the panel’s letter doesn’t cite any evidence that Hotez was “a potential accomplice” of Morens’, much less justify singling him out via a tweet. The subcommittee’s Democratic membership, who I previously condemned for their cowardly and shameful complicity in the panel’s attack on Daszak, didn’t respond to my request for comment.

Its tweet and its letter demonstrate how far the subcommittee has gone off the rails, its inquiry having deteriorated into a campaign to smear legitimate scientists working on what may be the most important public health imperative of our time: preparing to fight the next pandemic by understanding the latest one.

The message, observes scientist and science writer Philipp Markolin, is crystal clear. It’s “speak up against us and our political myth making, and we will publicly smear and punish you with the power of the state.”

As I’ve written, to advance this campaign the subcommittee has placed respected scientists in the dock and showered them with public vituperation, misrepresented their research and ridiculed the scientific method. It has stigmatized EcoHealth Alliance and its president, Peter Daszak, provoking government bureaucrats to cut off their funding.

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On Monday, the subcommittee turned its gunsights on Fauci, a revered expert in virology and immunology who was director of the National Institute of Allergy and Infectious Diseases for 38 years and a key figure in the development of therapies to fight HIV infection.

That hearing was grounded to a complete halt when member Marjorie Taylor Greene (R-Ga.) went on a tear accusing Fauci of killing dogs and asserting “he belongs in prison.” The panel struggled mightily to get Greene to shut up so the hearing could continue. But that was only one low note among many as the GOP majority lived down to our worst expectations.

Instead of responsibly examining the origins of COVID, the subcommittee has burrowed into a series of rabbit holes. It has sought proof that Fauci manipulated a scientific paper to “suppress” scientific findings that the pandemic originated with a leak from a Chinese virology institute.

That effort has failed because not only is there no evidence to support it, but because its own evidence proves that Fauci urged researchers to notify law enforcement authorities if they determined that a lab-leak actually happened. As I’ve reported, learned scientific opinion overwhelmingly supports the theory that the pandemic originated in a spillover of the SARS-CoV-2 virus, which causes COVID, from infected wildlife to humans.

The subcommittee also has become fixated on evidence that Morens deliberately tried to evade public records laws and NIH policies by conducting some of his correspondence with NIH-funded scientists via private emails, which he mistakenly thought would protect them from freedom-of-information requests. The members may be right about Morens’ activities, but that doesn’t get them any closer to the origins of COVID — after 15 months of wheel-spinning.

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That brings us back to the attack on Hotez. He appears to be an innocent bystander to the subcommittee’s campaign of character assassination waged against Fauci and other leaders in COVID research until the panel tried to drag him through the swamp it created.

Hotez hasn’t participated in research into COVID’s origins; he mentioned that research in his book about anti-science, but only as an illustration of how the lab-leak theory became part of the disinformation epidemic related to COVID. That epidemic includes misrepresentations about the safety and efficacy of the COVID vaccines, which is an area in which Hotez has considerable expertise.

So let’s examine the subcommittee’s claims about Hotez.

How many emails are behind the subcommittee’s assertion in its letter to Hotez that “you were involved in frequent e-mail discussions” with Morens and Peter Daszak of EcoHealth Alliance regarding the origins of the coronavirus pandemic”?

Two, according to the letter itself and the file of emails the subcommittee released as evidence in its investigation of Morens.

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Both emails were cited in the subcommittee’s letter to Hotez. But neither has anything to do with the origins of COVID-19. In one, Hotez tells Morens in a jocular tone that he has sent “many emails to [Fauci] over the years, but I don’t think anything incriminating.”

The second referred to an email that Morens mistakenly sent to Hotez but was meant for Daszak; Hotez wrote back to advise Morens that he sent the email to the wrong Peter, which Morens promptly acknowledged.

The panel’s letter, issued over the signature of its chairman, Rep. Brad Wenstrup (R-Ohio), points out rather gleefully that Hotez responded to its tweet by stating, also by tweet, that “anyone who wants my emails and can stomach the Qanon, Putin, and Nazi threats is more than welcomed to them. Some I’ve published in my books, others in my articles on anti-science and antisemitism.”

The members seemed to take that as an official offer, as opposed to a mordant joke. But it’s unclear that Hotez even has the authority to fulfill the subcommittee’s demand, since he conducts all his correspondence via his Baylor email account. That suggests that a decision about whether and how to respond would be in Baylor’s hands; the school hasn’t yet responded to the subcommittee.

The fact is that the subcommittee has wasted nearly a year and a half chasing a chimera. Its members have nattered on endlessly about their responsibility to safeguard the taxpayers’ money. But how much has it squandered in this spavined, untrustworthy inquiry?

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Wenstrup and his colleagues can’t be unaware that their public smear of Hotez may well place him in the crosshairs of people intent on doing him harm. Last year, he was accosted in front of his home by two anti-vaccine agitators demanding that he debate Robert F. Kennedy Jr. about vaccine safety. In his book he reproduced vituperative emails, including one that called him “a living Mengele.”

That’s the atmosphere pervading the public discussion of science in the U.S. today. The Select Subcommittee has done its best to contribute to this poisonous miasma. It needs to retract its statement about Hotez, post-haste. And the Democrats on the subcommittee need to speak out about their GOP colleagues’ invasion of a scientist’s privacy and their vilification of science and scientists generally. If they remain silent, they can’t evade responsibility for the consequences.

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Startup Varda Space Industries snags former Mattel plant in El Segundo

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Startup Varda Space Industries snags former Mattel plant in El Segundo

In an expansion of its business of processing pharmaceuticals in Earth’s orbit, Varda Space Industries is renting a large El Segundo plant where toy manufacturer Mattel used to design Hot Wheels and Barbie dolls.

The plant in El Segundo’s aerospace corridor will be an extension of Varda Space Industries’ headquarters in a much smaller building on nearby Aviation Boulevard.

Varda will occupy a 205,443-square-foot industrial and office campus at 2031 E. Mariposa Ave., which will give it additional capacity to manufacture spacecraft at scale, the company said.

Originally built in the 1940s as an aircraft facility, the complex has a history as part of aerospace and defense industries that have long shaped the South Bay and is near a host of major defense and space contractors. It is also close to Los Angeles Air Force Base, headquarters to the Space Systems Command.

Workers test AstroForge’s Odin asteroid probe, which was lost in space after launch this year.

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(Varda Space Industries)

Varda is one of a new generation of aerospace startups that have flourished in Southern California and the South Bay over the last several years, particularly in El Segundo, often with ties to SpaceX.

Elon Musk’s company, founded in 2002 in El Segundo, has revolutionized the industry with reusable rockets that have radically lowered the cost of lifting payloads into space. Though it has moved its headquarters to Texas, SpaceX retains large-scale operations in Hawthorne.

Varda co-founder and Chief Executive Will Bruey is a former SpaceX avionics engineer, and the company’s spacecraft are launched on SpaceX’s workhorse Falcon 9 rockets from Vandenberg Space Force Base in Santa Barbara County.

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Varda makes automated labs that look like cylindrical desktop speakers, which it sends into orbit in capsules and satellite platforms it also builds. There, in microgravity, the miniature labs grow molecular crystals that are purer than those produced in Earth’s gravity for use in pharmaceuticals.

It has contracts with drug companies and also the military, which tests technology at hypersonic speeds as the capsules return to Earth.

Its fifth capsule was launched in November and returned to Earth in late January; its next mission is set in the coming weeks. Varda has more than 10 missions scheduled on Falcon 9s through 2028.

For the last several decades, the Mariposa Avenue property served as the research and development center for Mattel Toys. El Segundo has also long been a center for the toy industry as companies like to set up shop in the shadow of Mattel.

The Mattel facility “has always been an exceptional property with a legacy tied to aerospace innovation, and leasing to Varda Space Industries feels like a natural continuation of that story,” said Michael Woods, a partner at GPI Cos., which owns the property.

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“We are proud to support a company that is genuinely pushing the boundaries of what’s possible, and are excited to watch Varda grow and thrive here in El Segundo,” Woods said.

As one of the country’s most active hubs of aerospace and defense innovation, El Segundo has seen its industrial property vacancy fall to 3.4% on demand from space companies, government contractors and technology startups, real estate brokerage CBRE said.

Successful startups often have to leave the neighborhood when they want to expand, real estate broker Bob Haley of CBRE said. The 9-acre Mattel facility was big enough to keep Varda in the city.

Last year, Varda subleased about 55,000 square feet of lab space from alternative protein company Beyond Meat at 888 Douglas St. in El Segundo, which it started moving into in June.

Varda will get the keys to its new building in December and spend four to eight months building production and assembly facilities as it ramps up operations. By the end of next year, it expects to have constructed 10 more spacecraft.

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In the future, Varda could consolidate offices there, given its size. Currently, though, the plan is to retain all properties, creating a campus of three buildings within a mile of one another that are served by the company’s transportation services, Chief Operating Officer Jonathan Barr said.

“We already have Varda-branded shuttles running up and down Aviation Boulevard,” he said.

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How Iran War Is Threatening Global Oil and Gas Supplies

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How Iran War Is Threatening Global Oil and Gas Supplies

Ships near the Strait of Hormuz before and after attacks began

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Note: Times shown are in Iran Standard Time. Some ships in the region transmit false positions and others sometimes stop broadcasting their locations, and may not be reflected in the animation. Ships with sparse location data are shown in a lighter shade. Source: Kpler and Spire.

Every day, around 80 oil and gas tankers typically pass through the Strait of Hormuz, the narrow waterway off Iran’s southern coast that carries a fifth of the world’s oil and a significant amount of natural gas.

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On Monday, just two oil and gas tankers appear to have crossed the strait, according to a New York Times analysis of shipping activity from Kpler, an industry data firm. Since then, one tanker passed through.

“It’s a de facto closure,” said Dan Pickering, chief investment officer of Pickering Energy Partners, a Houston financial services firm. “You’ve got a significant number of vessels on either side of the strait but no one is willing to go through.”

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Tankers have been staying away from Hormuz since the U.S.-Israeli attacks on Iran that began on Saturday. A prolonged conflict could ripple broadly across the global economy, threatening the energy supplies of countries halfway around the world and stoking inflation.

International oil prices have climbed 12 percent since the fighting began, trading Tuesday around $81 a barrel, and natural gas prices have surged in Europe and in Asia.

A senior Iranian military official threatened on Monday to “set on fire” any ships traveling through the Strait of Hormuz. Vessels in the region have already come under attack. Several oil and gas facilities have also been struck or affected by nearby shelling, though the damage did not initially appear to be catastrophic.

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Where ships and energy facilities have been damaged

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Note: Damage as of 2 p.m. Eastern time Tuesday. Source: Kpler, Kuwait National Petroleum Company, Saudi Arabian Ministry of Energy, Planet Labs, QatarEnergy, United Kingdom Maritime Trade Operations and Vanguard Tech.

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A fire broke out Tuesday at a major energy hub in Fujairah, United Arab Emirates, from the falling debris of a downed drone, the authorities said. On Monday, Qatar halted production of liquefied natural gas, or fuel that has been cooled so that it can be transported on ships, after attacks on its facilities.

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Facilities at Ras Tanura oil refinery in Saudi Arabia were on fire on Monday after two Iranian drones were intercepted, according to Saudi Arabia’s Ministry of Energy, causing fragments to fall. Vantor

The sharp reduction in tanker traffic is reducing the supply of oil and gas to world markets, pushing up prices for both commodities. And the longer that ships stay away from the Strait of Hormuz, the less oil and gas get out to the world, which could raise prices even more.

Shipping companies have paused their tankers to protect their crew and cargo, and because insurance companies are charging significantly more to cover vessels in the conflict area.

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On Tuesday, President Trump said that “if necessary,” the U.S. Navy would begin escorting tankers through the strait. He also said a U.S. government agency would begin offering “political risk insurance” to shipping lines in the area.

In addition to tankers, other large vessels regularly go through the strait, including car carriers and container ships. In normal conditions, nearly 160 make the trip each day.

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Some ships in the region turn off the devices that broadcast their positions, while others transmit false locations — making it hard to give a full picture of the traffic in the strait.

The Shiva is a small oil tanker that has repeatedly faked its location, according to TankerTrackers.com, which tracks global oil shipments. It is suspected of carrying sanctioned Iranian oil, according to Kpler. The Shiva was one of the two tankers that crossed the strait on Monday.

The oil and gas that typically move through the strait come from big producing countries like Saudi Arabia, Iraq, Iran and United Arab Emirates, and are exported around the world.

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Where tankers moving through the Strait have traveled

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Note: Tanker paths are since Jan. 1 and include all tankers and gas carriers. Source: Kpler and Spire.

In 2024, more than 80 percent of the oil and gas transported through the Strait of Hormuz went to Asia. China, India, Japan and South Korea were the top importers, according to the U.S. Energy Information Administration.

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Countries have energy stockpiles that could last them into the coming months, but a continued shutdown of the strait could damage their economies.

Several big disruptions have roiled supply chains in recent years, but the tanker standstill in the Strait of Hormuz could have an outsize impact.

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Paramount credit downgraded to ‘junk’ status over debt worries

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Paramount credit downgraded to ‘junk’ status over debt worries

Paramount Skydance’s jubilation over its come-from-behind victory to claim Warner Bros. Discovery has entered a new phase:

Call it the deal-debt hangover.

Two major ratings agencies have raised concerns about Paramount’s credit because of the enormous debt the David Ellison-led company will have to shoulder — at least $79 billion — once it absorbs the larger Warner Bros. Discovery, bringing CNN, HBO, TBS and Cartoon Network into the Paramount fold.

Fitch Ratings said Monday that it placed Paramount on its “negative” ratings watch, and downgraded its credit to BB+ from BBB-, which puts the company’s credit into “junk” territory. Fitch said it took action due to “uncertainty” surrounding Paramount’s $110-billion deal for Warner Bros. Discovery, which the boards of both companies approved on Friday.

S&P Global Ratings took similar action.

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To finance the Warner takeover, Ellison’s billionaire father, Larry Ellison, has agreed to guarantee the $45.7 billion in equity needed. Bank of America, Citibank and Apollo Global have agreed to provide Paramount with more than $54 billion in debt financing.

“Potential credit risks include the prospective debt-funded structure, Fitch’s expectation of materially elevated leverage and limited visibility on post-transaction financial policy and capital structure,” Fitch said.

Late last week, Paramount sent $2.8 billion to Netflix as a “termination fee” to officially end the streaming giant’s pursuit of Warner Bros. That payment paved the way for Warner and Paramount’s board to enter into the new merger agreement.

Paramount hopes the merger will be wrapped up by the end of September. It needs the approval of Warner Bros. Discovery shareholders and regulators, including the European Union.

Paramount executives acknowledged this week the new company would emerge with $79 billion in debt — a considerably higher total than what Warner Bros. Discovery had following its spinoff from AT&T. That 2022 transaction left Warner Bros. Discovery with nearly $55 billion of debt, a burden that led to endless waves of cost-cutting, including thousands of layoffs and dozens of canceled projects.

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Warner still has $33.5 billion in debt, a lingering legacy that will be passed on to Paramount.

Paramount plans to restructure about $15 billion in Warner Bros. Discovery’s existing debt.

Paramount CEO David Ellison at a 2024 movie premiere for a Netflix show.

(Evan Agostini / Invision / AP)

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Paramount told Wall Street it would find more than $6 billion in cost cuts or “synergies” within three years — a number that has weighed heavily on entertainment industry workers, particularly in Los Angeles.

Hollywood already is reeling from previous mergers in addition to a sharp pullback in film and television production locally as filmmakers chase tax credits offered overseas and in other states, including New York and New Jersey.

Some entertainment executives, including Netflix Co-Chief Executive Ted Sarandos, have speculated that Paramount will need to find more than $10 billion in cost cuts to make the math work. More recently, Sarandos went higher, telling Bloomberg News that Paramount may need $16 billion in cuts.

Cognizant of widespread fears about additional layoffs, Paramount Chief Operating Officer Andrew Gordon took steps this week to try to tamp down such concerns.

Gordon is a former Goldman Sachs banker and a former executive with RedBird Capital Partners, an investor in Paramount and the proposed Warner Bros. deal. He joined Paramount last August as part of the Ellison takeover.

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During a conference call Monday with analysts, Gordon said Paramount would look beyond the workforce for cuts because the company wants to maintain its film and TV production levels.

Paramount plans to look for cost savings by consolidating the “technology stacks and cloud providers” for its streaming services, including Paramount+ and HBO Max, Gordon said. The company also would search for reductions in corporate overhead, marketing expenses, procurement, business services and “optimizing the combined real estate footprint.”

It’s unclear whether Paramount would sell the historic Melrose Avenue lot or simply centralize the sprawling operations onto the Warner Bros. and Paramount lots in Burbank and Hollywood.

Workers are scattered throughout the region.

HBO, owned by Warner Bros. Discovery, maintains its West Coast headquarters in Culver City; CBS television stations operate from CBS’ former lot off Radford Avenue in Studio City; and CBS Entertainment and Paramount cable channels executive teams are located in a high-rise off Gower Street and Sunset Boulevard, blocks from the Paramount movie studio lot.

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“The combination of PSKY and WBD could create a materially stronger business than either individual entity,” Standard & Poor’s said in its note to investors. “However, this transaction presents unique challenges because it would involve the combination of three companies, with the smallest, Skydance, being the controlling entity.”

David Ellison’s production firm, Skydance Media, was the entity that bought Paramount, creating Paramount Skydance.

Ellison has not announced what the combined company will be called.

Paramount shares closed down more than 6% Tuesday to $12.45.

Warner Bros. Discovery fell 1% to $28.20. Netflix added less than 1% to close at $97.70.

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