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FORTUNE BAY ADOPTS FORMAL ENVIRONMENTAL, SOCIAL & GOVERNANCE POLICY TO SUPPORT RESPONSIBLE PROJECT ADVANCEMENT

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Fortune Bay Corp. (TSXV: FOR,OTC:FTBYF) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) is pleased to announce the adoption of its formal Environmental, Social & Governance (‘ESG’) Policy (the ‘ESG Policy’), strengthening the Company’s commitment to responsible exploration and development across its portfolio of gold and uranium projects.

Fortune Bay Corp. Logo (CNW Group/Fortune Bay Corp.)

The ESG Policy provides a clear framework for how Fortune Bay operates today and how it intends to advance its projects in alignment with community expectations, environmental stewardship, and industry best practices. This policy formalizes principles that have guided the Company’s approach for years: transparency, respect, scientific rigour, and proactive engagement with local partners.

Highlights of Fortune Bay’s ESG Policy

    • Responsible Environmental Practices:
      The Company will continue to prioritize minimizing its environmental footprint through data-driven decisions, robust baseline studies, and early integration of environmental considerations in project design.
      • Local Economic Participation:
        The Company is committed to creating opportunities—direct and indirect—that contribute to local economies, including contracting, employment, training, and skills development where possible and appropriate during exploration and development activities.

      ‘Responsible development has always been integral to how we operate,’ said Dale Verran, CEO of Fortune Bay. ‘Formalizing our ESG Policy reinforces that commitment as we advance our projects toward key milestones. Whether it’s establishing baseline environmental work, or maintaining transparent communication with our stakeholders, this policy ensures our values remain at the forefront of every decision we make.’

      Implementation Across the Portfolio

      The ESG Policy will guide ongoing and upcoming activities across Fortune Bay’s portfolio, including:

      • Environmental baseline studies and community engagement underway at Goldfields, supporting future regulatory engagement.
      • Establishment of local exploration agreements and stakeholder relationships in Chiapas, Mexico.

      The full ESG Policy is available on the Company’s website at https://fortunebaycorp.com/responsibility.

      About Fortune Bay

      Fortune Bay Corp. (TSXV:FOR,OTC:FTBYF; FWB:5QN; OTCQB:FTBYF) is a gold exploration and development company advancing high-potential assets in Canada and Mexico. With a strategy focused on discovery, resource growth and early-stage development, the Company targets value creation at the steepest part of the Value Creation Curve. Its portfolio includes the development-ready Goldfields Project in Saskatchewan, the resource-expansion Poma Rosa Project in Mexico, and an optioned uranium portfolio in the Athabasca Basin providing non-dilutive capital and upside exposure. Backed by a technically proven team and tight capital structure, Fortune Bay is positioned for multiple near-term catalysts. For more information, visit www.fortunebaycorp.com or contact info@fortunebaycorp.com.

      On behalf of Fortune Bay Corp.

      ‘Dale Verran’
      Chief Executive Officer
      902-334-1919

      Cautionary Statement

      Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Words such as ‘expects’, ‘aims’, ‘anticipates’, ‘targets’, ‘goals’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘continues’, ‘may’, variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements, and include, but are not limited to, statements with respect to: the results of the Updated PEA, including future Project opportunities, future operating and capital costs, closure costs, AISC, the projected NPV, IRR, timelines, permit timelines, and the ability to obtain the requisite permits, economics and associated returns of the Project, the technical viability of the Project, the market and future price of and demand for gold, the environmental impact of the Project, and the ongoing ability to work cooperatively with stakeholders, including Indigenous Nations, local Municipalities and local levels of government. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward- looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate Indigenous Nations and local Municipalities, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. For more information on Fortune Bay, readers should refer to Fortune Bay’s website at www.fortunebaycorp.com.

      Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

      SOURCE Fortune Bay Corp.

      Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2025/10/c8884.html

      News Provided by Canada Newswire via QuoteMedia

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      DOJ cleared to release secret Jeffrey Epstein case grand jury materials

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      A federal judge has cleared the Justice Department to release secret grand jury transcripts from Jeffrey Epstein’s 2019 sex trafficking case on Wednesday.

      U.S. District Judge Richard Berman reversed his earlier decision to keep the transcripts under wraps, citing Congress’s recent action on the Epstein files. Berman had previously warned that the contents of the roughly 70 pages of grandjury materials contain little new information.

      The move comes just one day after Judge Paul Engelmayer granted the DOJ’s motion to unseal separate grand jury transcripts and exhibits in Maxwell’s criminal case. Last week, Judge Rodney Smith also moved to allow the DOJ to release transcripts from an abandoned federal grand jury probe from the 2000s.

      Maxwell, who was convicted of sex trafficking charges in December 2021, is currently serving a 20-year prison sentence. Her attorney said that she took no position on the requested unsealing of records but noted that the release could harm Maxwell’s plan to file a habeas petition, according to The Associated Press.

      The Epstein Files Transparency Act requires the DOJ ‘to publish (in a searchable and downloadable format) all unclassified records, documents, communications, and investigative materials in DOJ’s possession that relate to the investigation and prosecution of Jeffrey Epstein.’

      The act was passed in November and paves the way for the public to have more insight into the infamous cases against the late disgraced financier.

      The law places a deadline for releasing files on Dec. 19.

      The DOJ is reportedly working with survivors and their attorneys to redact records to protect survivors’ identities and prevent the dissemination of sexualized images, according to the AP.

      Fox News’ Rachel Wolf contributed to this report.


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      Canadian Investment Regulatory Organization Trade Resumption – SMN

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      Trading resumes in:

      Company: Sun Summit Minerals Corp.

      TSX-Venture Symbol: SMN

      All Issues: Yes

      Resumption (ET): 8:00 AM

      CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

      SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

      News Provided by PR Newswire via QuoteMedia

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      Nancy Mace vows to ‘fight like hell’ to rename old Black Lives Matter Plaza for Charlie Kirk

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      A new bill could see part of the national capital renamed after slain conservative activist Charlie Kirk, introduced three months after his assassination.

      Rep. Nancy Mace, R-S.C., is introducing legislation to rename the area that until recently had been known as ‘Black Lives Matter Plaza,’ she first told Fox News Digital.

      ‘Black Lives Matter is a terrorist organization that wants to defund the police and take your speech away,’ Mace argued. ‘And what I want to do on the three-month anniversary of Charlie Kirk’s political assassination is celebrate him and the First Amendment and freedom of speech by renaming the plaza after him.’

      Black Lives Matter is a far-left activist group that gained traction after the murder of George Floyd in Minneapolis by a White police officer.

      It is not designated as a terrorist organization, but people on the right and even some Democrats have criticized it for going too far with calls to ‘defund the police,’ while questions have also been raised in the past about how it spends its funding.

      A two-block area of Washington, D.C., was renamed Black Lives Matter Plaza by the city’s government in June 2020 amid nationwide protests over Floyd’s killing.

      It was marked by a massive mural depicting the words ‘Black Lives Matter’ in the middle of the street.

      That was reversed in March of this year after pressure from Republicans, including President Donald Trump, amid a crackdown on diversity, equity and inclusion (DEI) efforts across the country.

      Mace suggested she was not optimistic that her bill would get a House-wide vote but said she would ‘fight like hell’ for it.

      It comes three months after Kirk was assassinated while speaking at a college free-speech event in Utah. Both Republicans and Democrats have condemned the killing as a tragedy and an attack on free speech.

      Prosecutors in Utah are seeking the death penalty against Tyler James Robinson, Kirk’s accused killer.

      Mace’s bill is one of several pieces of legislation introduced to memorialize Kirk in the wake of his death.

      ‘I think members of Congress have done their part, rank-and-file members. But there’s still more to do yet. And we need to make sure that we continue his legacy forever,’ Mace said.

      A resolution honoring Kirk passed the House of Representatives in September with support from all Republicans and 95 Democrats. Fifty-eight Democrats voted against it, while another 38 voted ‘present.’


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      What College Taught Gen-Z Is Getting Them Fired

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      Guess who’s coming home for Christmas? Many college graduates are getting fired just five or six months into their first “real world” jobs. Sixty percent of the 1,000 employers surveyed by Intelligent.com last October said they’d already dismissed graduates hired in May or June of 2024.

      Seventy-five percent of companies reported that some or all of the recent college graduates they hired were unsatisfactory. According to the same survey, over half of businesses hiring Gen-Z employees believed these young professionals lacked motivation, communication skills, and readiness for the workforce. Many who hadn’t already fired recent graduates they hired this summer said they’d seen enough to avoid hiring from next year’s cohort.

      Such reports invite skepticism; older generations have always criticized the younger for perceived shortcomings. It’s not uncommon for aging generations to despair of those who follow them. Poor work ethic and reliance on technology are the usual culprits. In Ancient Greece, teachers at Aristotle’s Lyceum supposedly complained of the slowest and dullest students resorting to writing things down on parchments (taking notes) because they couldn’t be bothered to use their brains. 

      But the modern culture clash is likely to be acute: corporate norms bear little resemblance to the post-pandemic campus culture from which young people are emerging. But this isn’t just a story of generational tension. It’s a direct reflection of the US university system — and its failure.

      Bureaucratic Growth In Education Undermines Workforce Readiness

      Business leaders complain that recent graduates are unable to work independently, lack motivation and problem-solving abilities, and are easily offended. 

      “Many recent college graduates may struggle with entering the workforce for the first time as it can be a huge contrast from what they are used to throughout their education journey,” Intelligent’s chief education and career development adviser Huy Nguyen said in the report.

      Universities are pouring resources into defining welcoming spaces, lowering barriers, policing microaggressions, and establishing safe spaces. So recent products of that pipeline are paying the price. And lest we forget, most will keep paying it. University graduates owe an average of $28,244 one year after they leave school. 

      Columnist and podcaster Brad Polumbo was still in college at Amherst when he told Fox News his dorm’s university staff had tried to soothe stressed-out students using “Carebears to Cope” during finals week. He found it condescending, and he’s excelled in a competitive, skills-based career since. Many of the kids who’ve been fired from their first jobs, though, are emerging from a world that coddles them and prioritizes their emotional vulnerability and intellectual comfort. But your comfort zone is a terrible place to build any intellectual muscle. 

      Campus Culture Could Be Limiting Kids’ Earning Potential 

      What college kids are trained to believe change looks like (campus protests, broad collective action, sit-ins and occupations) tends to be unsuccessful and frustrating. The heated, hyperbolic tone of politics — including on campus but more broadly among young people online — would lead many well-intentioned souls to believe their moral duty is to disrupt and complain and point out wrongthink.

      Intellectual statements of conformity were required for university hiring and promotion. Whole departments emerged to attack any hint of grievance or prejudice. In a tense political moment and a tough market, colleges couldn’t be seen failing to invest in anti-racist guest lecturers and Offices of LGBTQ Inclusion. All the campus-wide initiatives competed to make kids feel safer — not stronger.  

      The requirement that an employee create more value than he costs, and save more trouble than he creates, comes as a surprise to people educated to conform and demand others comply, rather than innovate and improve. We’ve taught them to fear being wrong: don’t offend, don’t take risks, don’t try anything new. In short, try not to learn. 

      Even the censorship and chill on speech in elite colleges is a symptom, not the sickness. College freshmen escape the force-fed requirements of high school to find college is more of the same, but with higher stakes, more stress, and the ticking clock of mounting debt. 

      Kids who work hard and excel in a university environment will learn little that’s valued by private sector businesses among young employees: self-regulation, initiative, the ability to get along with people, and independent problem-solving. Those are the very muscles the Deanlets prevented them from strengthening by protecting them from any intellectual heavy lifting.

      How Deanlets Broke the Pipeline

      Administrative bloat — the phenomenon of nonteaching administrative positions outpacing the growth of faculty for face-to-face instruction — largely exists to generate evidence of compliance with federal dictates about education fairness and access, but has not been concerned with the quality of education offered. Bureaucratic growth not only diverts attention from core skills but also erodes overall workforce readiness.

       

      Benjamin Ginsberg, who published Fall of the Faculty: The Rise of the All-Administrative University and Why it Matters in 2013, and too late to keep me out of a PhD program, called these well-intentioned bureaucrats “Deanlets.” They have multiplied to far outnumber teaching or research faculty (and in a few cases actually outnumber students) and are focused on how to keep students engaged on campus and moving swiftly through the program. 

      “Retention” of students became the metric of success in education. Efforts to keep students enrolled (and taking on loans) focused initially on those whose parents hadn’t attended college, and increasingly on immigrant, gender-queer, and other minority identity students. “Cultivating community” became the measure of institutional success. While empowering students to succeed is laudable, considerably less emphasis, and certainly far less federal scrutiny and institutional funding, was placed on the actual curricula and skills students were “retained” on campus to learn. 

      Administrators staffing  Departments of Student Validation are tasked with keeping young people happy and enrolled, all to keep the gravy train of parent investment and federally guaranteed loans flowing. Administrators don’t answer to employers for the quality of education and long-term value to the student. They answer to university leadership, and in turn, federal regulators.

      The Opportunity Cost of Ineffective Schools

      Unfortunately, the problems precede university education.

      From kindergarten on, the 30-to-a-classroom ZIP code government school model has rewarded conformity and compliance, fragility, and intellectual dependence. Schools focus on standardized testing, rigid curricula, and a bureaucratic obsession with credentials over skills. Independent problem-solving, initiative, and resilience — the traits employers prize — are stifled. By the time kids arrive at the cusp of adulthood, with a fraction of the literacy that more selective, more rigorous programs offered decades ago, college can’t possibly provide what it promises.

      Precious few in the current K-12 and higher education system have incentives to prepare students to thrive in today’s workplace. Public schools and universities are modeled on a top-down, industrial-era approach to employment that prepares people for jobs now done by machine. 

      For 13–17 years, we give students little ability, capacity, scope, or reward for planning their own time, pursuing independently a curiosity or problem they take an interest in. Colleges have become a linear, adult-driven, box-checking exercise more than a flourishing place of ideas, factories of knowledge driven by a search for the truth. Even many kids who are great at getting good grades may never connect meaning or passion to what they have learned. And they won’t have much experience testing their findings on people who disagree. 

      While it might be in the best interests of colleges to open departments of Student Validation, those who fund schools and centrally planned curricula have no strong incentive to provide the education that’s empowering for the individual.

      Campus Activism and Conformity Clash With Workplace Realities

      John Taylor Gatto’s The 7-Lesson Schoolteacher explained decades ago how the educational system produces conformity, not competence. Now, under expanded federal control since the Department of Education was established, every measurable educational outcome has declined — literacy, numeracy, critical thinking. Federal intervention promised equity but delivered calamity; mediocrity, not meritocracy; compliance and recall, but no initiative or imagination. 

      Critics like President Trump have called for abolishing the Department of Education, but the problem isn’t limited to federal overreach. States, too, have prioritized a one-size-fits-all approach over local innovation. The stagnation and decay of education isn’t just a failure of policy — it’s a failure of imagination.Young people are emerging from this environment ill-equipped for workplaces that demand adaptability and collaboration. College campuses, often detached from real-world stakes, amplify this misalignment with “safe spaces” and ideological homogeneity in both faculty and classrooms. Graduates are unready to face the workplace, a diverse, high-stakes learning environment — one where they have to figure things out and get along without oversight — because they haven’t yet been exposed to one.

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      South Korean K-pop stars BTS hit the right note of how to wield cultural power

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      When the South Korean boy band/K-pop sensation BTS takes the stage in Seoul this June, ending a four-year touring hiatus, it will mark more than just a comeback — it will validate one of the shrewdest soft-power decisions in recent memory.  

      In 2022, at the absolute apex of their global dominance, the group’s seven members chose to fulfill their mandatory military service rather than seek exemptions, which would almost certainly been granted. Their management company, HYBE, supported the decision. The world got a masterclass in how cultural power is created. 

      The cynics predicted career suicide. Instead, BTS demonstrated that soft power isn’t built on avoiding obligations — it’s built on embracing them. When they reunite on stage, they’ll do so with enhanced credibility, having proven their success didn’t exempt them from the responsibilities of ordinary citizens. Americans remember Elvis taking a similar course at the height of his fame.  

      The great thing about soft power is that, while generated by creative individuals and companies, it’s to the entire nation’s benefit. Like economic and martial power, soft power generates influence that can be used to bolster a nation’s standing. Examples of soft power abound from Britain’s cricket legacy and rock ’n’ roll ‘invasion’ of the 1960s to French and Italian cinema to America’s NBA, jazz music and Hollywood’s entertainment machine. Now, South Korea is stepping up.

      Thus, it is almost tragic that while BTS was serving in the military, the ecosystem that made the band possible faces mounting scrutiny. South Korea has become expert at creating cultural phenomena that captivate the world — and equally expert at treating the architects of that success with suspicion once they achieve scale. This is a pattern South Korea cannot afford.   

      South Korea’s cultural preeminence did not emerge from a government plan. It sprang from creative ambition, commercial ruthlessness, and just enough regulatory space for experimentation. The K-pop system requires massive capital investment, sophisticated global distribution and executives willing to bet nine figures on whether teenagers in Jakarta and São Paulo will stream the same songs. 

      Yet, there’s a reflex in South Korean public life that treats popularity itself as evidence of wrongdoing. Bang Si-hyuk, the producer who built HYBE and shaped BTS into a global phenomenon, now faces legal scrutiny over stock transactions — the kind of corporate governance questions that seem to emerge almost inevitably once South Korean companies achieve sufficient scale.   

      The particulars matter less than the pattern: bold risk-taking generates soft power, then invites investigation once it succeeds. 

      K-pop star collapses mid-performance during music festival

      Executives who might build the next BTS or international TV steaming sensation like, ‘Crash Landing on You,’ watch what happens to those who came before and recalibrate their ambition accordingly. In cultural soft power, this reflex is potentially fatal. 

      South Korea’s competitors are watching. China has spent billions trying to manufacture soft power through state-directed enterprises. The PRC has largely failed — because audiences smell propaganda. South Korean free enterprise is succeeding in creating cultural exports that are simultaneously local and universal, specific enough to feel authentic in Seoul and accessible enough to travel across the globe.  

      This is South Korea’s opportunity. Japan was given a similar window in the 1990s with anime and video games, but largely failed to capitalize on the trend because of governmental missteps. South Korea could easily repeat that mistake and lose the global influence that comes with serious national soft power. 

      South Korea needs to recognize soft-power assets as strategic resources. France protects its luxury brands because Paris recognizes these companies project French taste globally in ways no government agency could. South Korea should ask: What institutional arrangements allow us to maintain standards while protecting our champions? 

      South Korea’s cultural preeminence did not emerge from a government plan. It sprang from creative ambition, commercial ruthlessness, and just enough regulatory space for experimentation. 

      BTS’s decision to fulfill their national military service obligations demonstrates what’s possible when artists, companies and national interest align voluntarily. HYBE supported that choice. But South Korea can’t count on such choices being made repeatedly if the system treats success as inherently suspect.

      In June 2026, when BTS embarks on a global tour generating billions in economic impact and incalculable goodwill toward South Korea, remember this moment almost didn’t happen. The members could have sought exemptions. Instead, they chose service and came back stronger. 

      But South Korea can’t count on such choices if the message to cultural entrepreneurs is that success invites scrutiny. The next generation is watching, deciding whether to aim for global impact or settle for domestic safety.

      South Korea stumbled into becoming a cultural superpower. It doesn’t have to stumble out of it. But that requires recognizing that the bold, imperfect figures who build global cultural enterprises are assets to be protected, not problems to be managed. 

      BTS made their choice — they bet on their country. Now, South Korea needs to decide if it’s going to bet on the people who create the next BTS, or put them under investigation instead. 


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      JOHN YOO: Supreme Court showdown exposes shaky case against birthright citizenship

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      On Friday, the Supreme Court announced that it would hear challenges to President Donald Trump’s executive order to end birthright citizenship. The Fourteenth Amendment automatically makes all babies born on American territory citizens. Trump’s effort to overturn the traditional reading of the constitutional text and history should not succeed.

      Ratified in 1868, the Fourteenth Amendment provided a constitutional definition of citizenship for the first time. It declares that ‘all persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the state wherein they reside.’ In antebellum America, states granted citizenship: they all followed the British rule of jus soli (citizenship determined by place of birth) rather than the European rule of jus sanguinis (citizenship determined by parental lineage). As the 18th-century English jurist William Blackstone explained: ‘the children of aliens, born here in England, are, generally speaking, natural-born subjects, and entitled to all the privileges of such.’ Upon independence, the American states incorporated the British rule into their own laws.

      Congress did not draft the Fourteenth Amendment to change this practice, but to affirm it in the face of the most grievous travesty in American constitutional history: slavery. In Dred Scott v. Sandford (1857), Chief Justice Roger Taney concluded that slaves — even those born in the United States — could never become American citizens. According to Taney, the Founders believed that Black Americans could never become equal, even though the Constitution did not exclude them from citizenship nor prevent Congress or the states from protecting their rights.

      The Fourteenth Amendment directly overruled Dred Scott. It forever prevents the government from depriving any ethnic, religious or political group of citizenship.

      The only way to avoid this clear reading of the constitutional text is to misread the phrase ‘subject to the jurisdiction thereof.’ Claremont Institute scholars (many of whom I count as friends) laid the intellectual foundations for the Trump executive order; they argue that this phrase created an exception to jus soli. Claremont scholars Edward Erler and John Eastman argue that ‘subject to the jurisdiction thereof’ requires that a citizen not only be born on American territory, but that his parents also be legally present. Because aliens owe allegiance to another nation, they maintain, they are not ‘subject to the jurisdiction’ of the United States.

      The Claremont Institute reading implausibly holds that the Reconstruction Congress simultaneously narrowed citizenship for aliens even as it dramatically expanded citizenship for freed slaves. There is little reason to understand Reconstruction — which was responsible for the greatest expansion of constitutional rights since the Bill of Rights — in this way.

      The Supreme Court has signaled they are ’sympathetic’ to the Trump admin, says John Yoo

      This argument also misreads the text of ‘subject to the jurisdiction thereof.’ Everyone on our territory, even aliens, falls under the jurisdiction of the United States. Imagine reading the rule differently. If aliens did not fall within our jurisdiction while on our territory, they could violate the law and claim that the government had no jurisdiction to arrest, try and punish them.

      Critics, however, respond that ‘subject to the jurisdiction thereof’ must refer to citizen parents or risk being redundant when being born on U.S. territory. But at the time of the Fourteenth Amendment’s ratification, domestic and international law recognized that narrow categories of people could be within American territory but not under its laws. Foreign diplomats and enemy soldiers occupying U.S. territory, for example, are immune from our domestic laws even when present on our soil. A third important category demonstrates that ‘subject to the jurisdiction thereof’ was no mere surplusage. At the time of Reconstruction, American Indians residing on tribal lands were not considered subject to U.S. jurisdiction. Once the federal government reduced tribal sovereignty in the late 19th and early 20th centuries, it extended birthright citizenship to Indians in 1924.

      The Fourteenth Amendment’s drafting supports this straightforward reading. The 1866 Civil Rights Act, passed just two years before ratification of the Fourteenth Amendment, extended birthright citizenship to those born in the U.S. except those ‘subject to any foreign power’ and ‘Indians not taxed.’ The Reconstruction Congress passed the Fourteenth Amendment because of uncertainty over federal power to enact the 1866 Act. If the Amendment’s drafters had wanted ‘jurisdiction’ to exclude children of aliens, they could have simply borrowed the exact language from the 1866 Act to extend citizenship only to those born to parents with no ‘allegiance to a foreign power.’

      We have few records of the Fourteenth Amendment’s ratification debates in state legislatures, which is why constitutional practice and common-law history are of such central importance. But the few instances in which Congress addressed the issue appear to support birthright citizenship. When the Fourteenth Amendment came to the floor, for example, congressional critics recognized the broad sweep of the birthright citizenship language. Pennsylvania Sen. Edgar Cowan asked supporters of the amendment: ‘Is the child of the Chinese immigrant in California a citizen? Is the child born of a Gypsy born in Pennsylvania a citizen?’ California Sen. John Conness responded in the affirmative. Conness would lose re-election due to anti-Chinese sentiment in California.

      Courts have never questioned this understanding of the Fourteenth Amendment. In United States v. Wong Kim Ark (1898), the Supreme Court upheld the citizenship of a child born in San Francisco to Chinese parents. The Chinese Exclusion Acts barred the parents from citizenship, but the government could not deny citizenship to the child. The Court declared that ‘the Fourteenth Amendment affirms the ancient and fundamental rule of citizenship by birth within the territory, in the allegiance and protection of the country, including all children here born of resident aliens.’ The Court rejected the claim that aliens are not within ‘the jurisdiction’ of the United States. Critics respond that Wong Kim Ark does not apply to illegal aliens because the parents were in the United States legally. But at the time, the federal government had yet to pass comprehensive immigration laws that distinguished between legal and illegal aliens. The parents’ legal status made no difference.

      President Trump is entitled to ask the Court to overturn Wong Kim Ark. But his administration must persuade the justices to disregard the plain text of the Constitution, the weight of the historical evidence from the time of the Fourteenth Amendment’s ratification and more than 140 years of unbroken government practice and judicial interpretation. 

      A conservative, originalist Supreme Court is unlikely to reject the traditional American understanding of citizenship held from the time of the Founding through Reconstruction to today.


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      Thomas Massie introduces bill to pull US out of NATO: ‘America should not be the world’s security blanket’

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      Republican Rep. Thomas Massie of Kentucky announced on Tuesday that he had introduced a measure to remove the U.S. from the North Atlantic Treaty Organization, arguing that the decades-old alliance is obsolete, has been costly for American taxpayers and puts the nation at risk of engagement in foreign wars.

      ‘NATO is a Cold War relic. The United States should withdraw from NATO and use that money to defend our country, not socialist countries. Today, I introduced HR 6508 to end our NATO membership,’ Massie said in a post on X.

      GOP Rep. Anna Paulina Luna of Florida shared Massie’s post and wrote, ‘Co-sponsoring this.’

      ‘NATO was created to counter the Soviet Union, which collapsed over thirty years ago. Since then, U.S. participation has cost taxpayers trillions of dollars and continues to risk U.S. involvement in foreign wars. Our Constitution did not authorize permanent foreign entanglements, something our Founding Fathers explicitly warned us against. America should not be the world’s security blanket—especially when wealthy countries refuse to pay for their own defense,’ Massie said, according to a press release.

      Republican Sen. Mike Lee of Utah introduced the ‘Not a Trusted Organization Act,’ or ‘NATO Act’ in the Senate earlier this year — Massie is now fielding companion legislation in the House.

      Article 13 of the North Atlantic Treaty stipulates that ‘After the Treaty has been in force for twenty years, any Party may cease to be a Party one year after its notice of denunciation has been given to the Government of the United States of America, which will inform the Governments of the other Parties of the deposit of each notice of denunciation.’

      The proposal advanced by Lee and Massie would use this escape hatch to extract the U.S. from the longstanding NATO alliance.

      ‘Consistent with Article 13 of the North Atlantic Treaty, done at Washington April 4, 1949, not later than 30 days after the date of the enactment of this Act, the President shall give notice of denunciation of the North Atlantic Treaty for purposes of withdrawing the United States from the North Atlantic Treaty Organization,’ the proposal declares.

      ‘No funds authorized to be appropriated, appropriated, or otherwise made available by any Act may be used to fund, directly or indirectly, United States contributions to the common-funded budgets of the North Atlantic Treaty Organization, including the civil budget, the military budget, or the Security Investment Program,’ the text of the measure stipulates.


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      What the Cities With the Fastest Declining Rent Have in Common

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      In the modern world, prices always seem to be rising. With the exception of technology and maybe a few other industries, no one wonders whether prices will rise. The only question is how much they will go up.

      But in recent years, the housing market has been challenging this trend. Believe it or not, average rental rates are actually going down. “October 2025 marks the 27th straight month of year-over-year rent decline for 0-2 bedroom properties,” notes a recent report from Realtor.com. “…Asking rents dipped by $29, or -1.7 percent, year-over-year.”

      “The median asking rent in the 50 largest metros registered at $1,696, $63 (-3.6 percent) lower than its August 2022 peak,” the report continues. True, we are still above pre-pandemic levels, but the fact that rents are lower than they were three years ago is still something to celebrate. The report also notes that rents are down across all size categories, including studio, 1-bedroom, and 2-bedroom units.

      Naturally, this change is not uniform across the US. Some areas are seeing bigger drops in rental rates, while others are seeing smaller drops or even increases. In a September article, Realtor.com highlighted three metros that are seeing the biggest declines. 

      “Rents in Las Vegas (-13.6 percent), Atlanta (-13.6 percent), and Austin, TX (-13.4 percent), are seeing the largest price cuts from their peaks, highlighting prime opportunities in these markets,” writes Joy Dumandan. She notes that median rents in these cities in August were $1,443, $1,572, and $1,436, respectively, dropping from peaks of $1,671, $1,820, and $1,659, respectively. The peaks for these cities, as with most of the US rental market, were set between 2021 and 2022.

      Economist Jiayi Xu offered an explanation for these trends. 

      “Las Vegas, Austin, and Atlanta saw the largest rent declines from their peaks due to rapid rent growth during the pandemic, when many people moved to warm Sun Belt areas, creating a high starting point for corrections,” she said. “Migration trends have slowed, and significant new multifamily supply has increased options for renters, exerting downward pressure on prices,” she continued. “Combined, these factors have pushed rents down more sharply than in other markets.”

      Xu’s comment about “significant new multifamily supply” is key. Like all prices, rents are ultimately determined by supply and demand. If cities build more housing, economic reasoning says that this will put downward pressure on the cost of housing.

      If this is correct, then we would expect that the cities with the biggest price drops would also be among the cities that are building the most housing. As it happens, that’s exactly what we’re seeing.

      Austin and Atlanta provide especially good case studies.

      Austin, Texas

      An August report from RentCafe looked at new apartment construction in 2025 across the US and identified the places that are building the most units. The South overall had a strong showing, accounting for 52.5 percent of the 506,353 units that are expected to be opened nationwide by the end of the year. Within the South, Texas is experiencing some of the biggest housing growth, fueled especially by growth in Austin.

      The report presented a ranking of the US cities that are building the most housing this year, as well as a separate ranking for US metros. Austin took the top spot in the country on the city level, with an estimated 15,195 units expected to be completed this year. Austin came third in the country on the metro level with 26,715 units expected to be built, behind Dallas (28,958) and New York City (30,023).

      The impetus for all this building is an influx of demand. “From 2020 to 2024, Austin’s population grew by 10.9 percent, making it the fastest-growing large metro in the US,” the report notes. What’s crazy is that, despite this surge in demand, rental prices in Austin are still seeing big drops. 

      This suggests Austin is building so fast that its supply growth is well outpacing its demand growth.

      Atlanta, Georgia

      Atlanta is another city where nation-leading rent reductions are being accompanied by nation-leading supply growth. Atlanta came sixth in the country on RentCafe’s list of cities, with 6,359 new units expected to be completed this year. The Atlanta metro area took fifth place on the metros list, with 17,512 units expected.

      Atlanta’s recent supply growth is no accident; it’s the result of a deliberate decision on the part of the city to make building more housing a priority. In May 2022, a few months after assuming office, Mayor Andre Dickens created the Affordable Housing Strike Force, bringing together a wide variety of stakeholders with the aim of finding innovative solutions to the housing issue. “Housing is foundational to a community’s health, and simply put, Atlanta doesn’t have enough of it,” he said. The goal was to build or preserve 20,000 units of affordable housing by 2030.

      Atlanta has made significant strides with this approach, partly thanks to some creative maneuvering. In one story highlighted by Realtor.com, the city realized it was using a valuable 10-acre lot to store new trash cans, which could easily be stored elsewhere. They decided to move the cans so that the land could be redeveloped. “It’s not the highest and best use of the land,” said Josh Humphries, the mayor’s senior policy adviser on housing.

      Realtor.com also pointed to a story where “a downtown fire department that desperately needed a renovation agreed for the city to build 30 stories of housing units above it in exchange for the rehab.”

      According to recent studies, Atlanta is making good progress toward its goal. Referring to the 20,000-unit target, a November report from JPMorgan Chase notes that “In less than four years, over 12,000 units have been completed, with funding secured for thousands more.”

      The Manufacture of Scarcity

      The cities of Austin and Atlanta show us the real-world impact of economics. It’s easy to think of supply and demand as concepts that only live in economics textbooks, but the truth is that they are all around us, shaping the prices we pay for the things we need — and hence, the cost of living. If we want housing prices to come down, adding more supply needs to be a big part of that conversation.

      How can we add more supply? One of the best ways is deregulation. As economist Bryan Caplan explains in his recent illustrated book Build, Baby, Build, the main reason housing is so expensive is because of manufactured scarcity — restrictions on the supply of housing created by government regulations. 

      “Housing prices stay high in desirable areas,” Caplan writes, “because most governments strictly regulate new construction.”

      Caplan anticipates a common reaction: “Sounds more like Right Wing Ideology 101 to me.” This is understandable, but Caplan stresses that housing deregulation is a bipartisan issue that even non-right-wingers should be able to champion. He points to progressive thinkers like Paul Krugman, Obama-advisor Jason Furman, and Matt Yglesias as people whose left-wing credentials are not in doubt, yet who acknowledge that strict regulation really is a big part of America’s housing problem.

      Rents coming down is not just a happy stroke of luck. It is a policy choice, one that is available to every municipality and township in the country. There is no economic mystery to be solved. We know what works. The only question is whether we care enough about the cost of housing to administer the treatment that will cure the disease.

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      Walker Lane Resources Ltd. Provides an Update on its Marketing Activities

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      TSX-V: WLR

      Walker Lane Resources Ltd. (TSXV: WLR,OTC:CMCXF) (Frankfurt: 6YL) ‘Walker Lane’) announces that it has engaged Stockhouse Publishing Limited, Marcus Brummell, and Baystreet.ca to conduct marketing and publishing services. The purpose of these marketing activities is to increase market awareness and visibility of Company activities, detail recent acquisitions, and generate a better understanding of the exploration potential of its gold and silver prospects in Nevada and Canada. 

      Walker Lane Resources Ltd. logo (CNW Group/Walker Lane Resources Ltd)

      The Company has entered into contracts dated August 15, 2025 and have been fully paid in cash. Both of these firms are arm’s length service providers and are in accordance with the policies of the TSX Venture Exchange (‘TSX-V’) and applicable securities laws.

      Stockhouse Publishing Limited

      Stockhouse Publishing Limited (‘Stockhouse’) will complete marketing and advertising services designed to connect Walker Lane with North America’s largest small cap investor community. Stockhouse’s investor community includes investors from Canada, United States, Australia, New Zealand, China, Germany and the United Kingdom. The campaign is expected to commenced in October, 2025 and will continue for up to a 12-month period at an aggregate cost of $75,000 CAD.

      Marcus Brummell

      The Company engaged Marcus Brummell of Langley B.C. (‘consultant’) in a contract dated August 15, 2025 to conduct a marketing awareness campaign of Company activities. Mr. Brummell has considerable experience in creating and publishing marketing materials for the mining sector and implements projects aimed to increase market awareness levels. The consultant was fully paid in cash for a total of $10,000 CDN for a minimum of 38 days of services but is also continuing to promote activities of the Company beyond the initial contractual obligation as a goodwill gesture to continue efforts to improve market visibility of the Company activities as some planned activities had been delayed for reasons beyond the control of the Company.

      Baystreet.ca

      Baystreet.ca (‘Baystreet’) is one of the leading financial content providers in Canada and has been actively assisting a broad range of clientele including junior mining companies for the past 27 years. Baystreet have established contacts with over 100 tier one financial publications with tens of thousands of downstream partners in Canada and the United States. The company established a contract to Baystreet to provide marketing services for a three-month period with the campaign commencing in October 2025 and continuing through to the end of December, 2025, at an aggregate total cost of $66,000 CAD plus applicable taxes. However, after the initial month, the parties reached a mutual agreement to discontinue the marketing program and a refund of $44,000 plus GST for two months of services not completed will be provided to the Company by Baystreet.ca

      These consultants have no direct or indirect interest in the Company and do not intend to acquire an interest in the Company during the period of their contracts. The Consultants will be communicating directly with existing prospective investors. Any information distributions will be reviewed and approved by the Company prior to release. The services of these consultants are being provided in accordance with the policies and the approval of the TSX Venture Exchange (‘TSX-V’) and also align with the policies the BC Securities Commission.

      If anyone would like further details on the marketing plans of the Company you are asked to contact Kevin Brewer at the contact information below.

      About Walker Lane Resources Ltd.

      Walker Lane Resources Ltd. is a growth-stage exploration company focused on the exploration of high-grade gold, silver and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. and other property assets in Yukon. The Company intends to initiate an aggressive exploration program to advance the Tule Canyon (Walker Lane, Nevada) and Amy (Rancheria Silver, B.C.) projects through an aggressive drilling program to resource definition stage in the near future.

      On behalf of the Board:
      ‘Kevin Brewer’
      Kevin Brewer, President, CEO and Director
      Walker Lane Resources Ltd.

      Cautionary and Forward Looking Statements

      This press release and related figures, contain certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words ‘anticipate’, ‘plans’, ‘continue’, ‘estimate’, ‘expect’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘should’, ‘believe’ ‘targeted’, ‘can’, ‘anticipates’, ‘intends’, ‘likely’, ‘should’, ‘could’ or grammatical variations thereof and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this presentation. These forward-looking statements include, but are not limited to, statements concerning: our strategy and priorities including certain statements included in this presentation are forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Tule Canyon, Cambridge, Silver Mountain, and Shamrock Properties in Nevada (USA), and its properties including Silverknife and Amy properties in British Columbia, the Silver Hart, Blue Heaven and Logjam properties in Yukon and the Bridal Veil property in Newfoundland and Labrador all of which now comprise the mineral property assets of WLR. WLR has assumed other assets of CMC Metals Ltd. including common share holdings of North Bay Resources Inc. (OTC-US: NBRI) and all conditions and agreements pertaining to the sale of the Bishop mill gold processing facility and remain subject to the condition of the option of the Silverknife property with Coeur Mining Inc. (TSX:CDE). These forward-looking statements reflect the Company’s current beliefs and are based on information currently available to the Company and assumptions the Company believes are reasonable. The Company has made various assumptions, including, among others, that: the historical information related to the Company’s properties is reliable; the Company’s operations are not disrupted or delayed by unusual geological or technical problems; the Company has the ability to explore the Company’s properties; the Company will be able to raise any necessary additional capital on reasonable terms to execute its business plan; the Company’s current corporate activities will proceed as expected; general business and economic conditions will not change in a material adverse manner; and budgeted costs and expenditures are and will continue to be accurate.

      Actual results and developments may differ materially from results and developments discussed in the forward-looking statements as they are subject to a number of significant risks and uncertainties, including: public health threats; fluctuations in metals prices, price of consumed commodities and currency markets; future profitability of mining operations; access to personnel; results of exploration and development activities, accuracy of technical information; risks related to ownership of properties; risks related to mining operations; risks related to mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently anticipated; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; changes in operating expenses; changes in general market and industry conditions; changes in legal or regulatory requirements; other risk factors set out in this presentation; and other risk factors set out in the Company’s public disclosure documents. Although the Company has attempted to identify significant risks and uncertainties that could cause actual results to differ materially, there may be other risks that cause results not to be as anticipated, estimated or intended. Certain of these risks and uncertainties are beyond the Company’s control. Consequently, all of the forward-looking statements are qualified by these cautionary statements, and there can be no assurances that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences or benefits to, or effect on, the Company.

      The information contained in this presentation is derived from management of the Company and otherwise from publicly available information and does not purport to contain all of the information that an investor may desire to have in evaluating the Company. The information has not been independently verified, may prove to be imprecise, and is subject to material updating, revision and further amendment. While management is not aware of any misstatements regarding any industry data presented herein, no representation or warranty, express or implied, is made or given by or on behalf of the Company as to the accuracy, completeness or fairness of the information or opinions contained in this presentation and no responsibility or liability is accepted by any person for such information or opinions. The forward-looking statements and information in this presentation speak only as of the date of this presentation and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law. Although the Company believes that the expectations reflected in the forward-looking statements and information are reasonable, there can be no assurance that such expectations will prove to be correct. Because of the risks, uncertainties and assumptions contained herein, prospective investors should not read forward-looking information as guarantees of future performance or results and should not place undue reliance on forward-looking information. Nothing in this presentation is, or should be relied upon as, a promise or representation as to the future. To the extent any forward-looking statement in this presentation constitutes ‘future-oriented financial information’ or ‘financial outlooks’ within the meaning of applicable Canadian securities laws, such information is being provided to demonstrate the anticipated market penetration and the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such future-oriented financial information and financial outlooks. Future-oriented financial information and financial outlooks, as with forward-looking statements generally, are, without limitation, based on the assumptions and subject to the risks set out above. The Company’s actual financial position and results of operations may differ materially from management’s current expectations and, as a result, the Company’s revenue and expenses. The Company’s financial projections were not prepared with a view toward compliance with published guidelines of International Financial Reporting Standards and have not been examined, reviewed or compiled by the Company’s accountants or auditors. The Company’s financial projections represent management’s estimates as of the dates indicated thereon.

      SOURCE Walker Lane Resources Ltd

      Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2025/10/c6157.html

      News Provided by Canada Newswire via QuoteMedia

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