Sep 232018
 
 September 23, 2018  Posted by at 9:06 am Finance Tagged with: , , , , , , , , , , , ,


Pablo Picasso Swimming 1908

 

Trump To Investigate Google, Facebook Under New Executive Order (ZH)
Theresa May Said To Be Preparing For Snap Election To Save Brexit (R.)
Labour To Trigger Early Election If May Defeated In Parliament (Ind.)
Crashing Out Of EU May Hasten Breakup Of UK – Ministers (G.)
Corbyn Will Back Fresh Referendum If Labour Conference Wants It (Ind.)
Kavanaugh Accuser Has No-One Left To Corroborate Her Story (ZH)
Pompeo Hints Rosenstein Should Resign (G.)
The New York Times as Judge and Jury (Lauria)
Iran Summons UK, Dutch, Danish Envoys Over Attack On Military Parade (G.)
Greek Journalists Detained After Reporting Mishandling Of Migrant Funds (K.)
Mysterious Great White Shark Lair Discovered In Pacific Ocean (SFC)

 

 

Almost 3/4 of Americans say Big Tech is biased.

Trump To Investigate Google, Facebook Under New Executive Order (ZH)

According to a an early draft of an Executive Order (EO), the White House will instruct federal law enforcement and antitrust agencies to launch investigations into the business practices of Facebook, Google and other social media companies, according to Bloomberg which says it has seen the draft. While not specifically calling out companies by name, the document orders US antitrust officials to “thoroughly investigate whether any online platform has acted in violation of the antitrust laws,” while instructing other agencies to return recommendations within a month of Trump signing the EO which could potentially “protect competition among online platforms and address online platform bias.”

“The document doesn’t name any specific companies. If signed, the order would represent a significant escalation of Trump’s antipathy toward Google, Facebook, Twitter and other social media companies, whom he has publicly accused of silencing conservative voices and news sources online. … The draft order directs that any actions federal agencies take should be “consistent with other laws” — an apparent nod to concerns that it could threaten the traditional independence of U.S. law enforcement or conflict with the First Amendment, which protects political views from government regulation.” -Bloomberg

[..] According to Pew Research Center, 72% of Americans, and in particular 85% of Republicans and right-leaning independents think social media companies purposefully censor political viewpoints which run counter to their internal culture. “The belief that technology companies are politically biased and/or engaged in suppression of political speech is especially widespread among Republicans. Fully 85% of Republicans and Republican-leaning independents think it likely that social media sites intentionally censor political viewpoints, with 54% saying this is very likely. And a majority of Republicans (64%) think major technology companies as a whole support the views of liberals over conservatives.” – Pew

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Trying to take the wind out of Corbyn’s’ sails? Or does she think she can win? Lost the last one badly.

Theresa May Said To Be Preparing For Snap Election To Save Brexit (R.)

British Prime Minister Theresa May’s aides have begun contingency planning for a snap election in November to save both Brexit and her job, the Sunday Times reported. The newspaper said that two senior members of May’s Downing Street political team began “wargaming” an autumn vote to win public backing for a new plan, after her Brexit proposals were criticised at a summit in Salzburg last week.

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With May’s election plan, this is a dud.

Labour To Trigger Early Election If May Defeated In Parliament (Ind.)

Labour will launch a plan to force an election by seeking a motion of no confidence in the government within days if Theresa May’s Brexit deal is defeated in parliament, The Independent has learnt. Jeremy Corbyn and his top team will launch an attempt to force the Conservative administration to go to the people at what they believe will be a moment of maximum weakness for the prime minister. Multiple sources confirmed party chiefs have game-planned their approach if Ms May’s beleaguered proposals are vetoed in a crucial commons vote or if she fails to get a deal in Europe, which looks increasingly likely after EU leaders torpedoed them earlier this week.

A motion of no confidence would need some support from Conservative MPs to pass, but either way would act to severely destabilise the prime minister as internal pressure for her to quit peaked. The moment could also prove critical for Labour’s own approach to Brexit, with the party having stated its preference for an election while signalling that if one is not possible it could back a new referendum. It comes as Labour starts its 2018 conference in Liverpool, with Brexit and the party’s approach to holding a fresh public vote on the outcome of negotiations set to dominate the agenda.

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Irish border. The EU has to protect Ireland. That’s not optional.

Crashing Out Of EU May Hasten Breakup Of UK – Ministers (G.)

Theresa May is being warned by cabinet colleagues that a shift towards a harder Brexit will hasten the break-up of the UK, amid a renewed attempt by Brexiters to secure a clean split from the European Union. With senior Tories warning that the prime minister now risks a diplomatic calamity on the scale of the Suez crisis, following her disastrous Salzburg summit, she is facing a renewed campaign among ministers and influential backbenchers to ditch her current plans and back a looser free trade deal with the EU. However, some cabinet ministers are concerned such a shift will effectively place a border between Northern Ireland and Britain and put it “in the departure lounge from the UK”.

Cabinet sources are also warning that such a move would reignite the debate about Scotland’s place in the UK and further unravel the union. “Nobody voted Brexit to break up the UK,” one minister said. Another said: “Those advocating [the free trade deal] approach need to face up to the consequences for the union.” Some Tory aides are said to be so worried about the lack of support for May’s current Brexit plans that they fear another snap election will be needed before the end of the year. Downing Street sources categorically denied that such an option was being considered in No 10.

Last night, May again attempted to calm the warring factions in her party, calling for “cool heads”. “It is time to hold our nerve,” she said. “I have said many times that these negotiations would be tough, and they were always bound to be toughest in the final straight.” She also accused Labour, Lib Dem and SNP figures of “actively undermining the UK’s negotiating position” in their talks with the EU.

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They will want it. But with an election coming, what use is it?

Corbyn Will Back Fresh Referendum If Labour Conference Wants It (Ind.)

Jeremy Corbyn has said he will back giving the British people a final say on Brexit in a new referendum if party members vote for it at Labour’s conference this week. The Labour leader said that while he had not called for it up to now he had been elected to “empower” members and would not “walk away from it” if they demanded a new vote. Mr Corbyn also said he would join forces with rebel Tories to vote down Theresa May’s Brexit plans in parliament if they did not meet Labour’s tests, with The Independent reporting on Saturday that the party would then maximise pressure on the prime minister by seeking a motion of no confidence in the government if her proposals fell.

The Labour leader’s new comments on a People’s Vote Brexit referendum come as a new YouGov poll showed his party’s members overwhelmingly back one, while more than 100 motions relating to a new vote have been proposed for the conference in Liverpool. He said: “What comes out of conference I will adhere to. But I’m not calling for a second referendum. I hope we will agree that the best way of resolving this is a general election. “But I was elected to empower the members of the party.

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Too many people getting ahead of themselves already. Not me. But the story keeps getting weirder. You now have Blasey Ford who can’t remember where and when, and 4 others who say it never happened.

Kavanaugh Accuser Has No-One Left To Corroborate Her Story (ZH)

A woman believed to have been one of five people at a party some 35 years ago where Christine Blasey Ford claims she was sexually assaulted by Brett Kavanaugh has become the fourth person to deny any recollection of the event. In a Saturday night email to the Senate Judiciary Committee also received by several news outlets, Leland Ingham Keyser – a “longtime friend” of Blasey Ford’s said through her attorney: “Simply put, Ms. Keyser does not know Mr. Kavanaugh and she has no recollection of ever being at a party or gathering where he was present, with, or without, Dr. Ford,” said Keyser’s attorney Howard Walsh, who has been “engaged in the limited capacity” of corresponding with the committee on behalf of Keyser, according to Politico.

Kavanaugh and Mark Judge – the other teenager allegedly in the room during the alleged sexual assault – have both stated that they have no recollection of the incident, while a third man who Ford claims was at the party – Patrick J. Smyth, also denied any recollection of the event, telling the Judiciary Committee last week in a statement: “I understand that I have been identified by Dr. Christine Blasey Ford as the person she remembers as ‘PJ’ who supposedly was present at the party she described in her statements to the Washington Post,” Smyth wrote in his statement. “I am issuing this statement today to make it clear to all involved that I have no knowledge of the party in question; nor do I have any knowledge of the allegations of improper conduct she has leveled against Brett Kavanaugh.”

[..] On Saturday night, a tentative deal was reached for Ford to testify publicly on Thursday, according to the New York Times. “After a brief call late on Saturday, the woman’s lawyers and aides to Senator Charles E. Grassley of Iowa, the Republican chairman of the Judiciary Committee, planned to talk again Sunday morning to continue the halting negotiations over the conditions of the testimony, according to three people familiar with the call. Aides to Senator Dianne Feinstein of California, the committee’s top Democrat, were also involved.” -NY Times The Times notes, however, that Leland Keyser’s statement “seemed to eliminate any chance of corroboration of Dr. Blasey’s account by anyone who attended the high school party where she says she was assaulted.”

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New theory: Trump is being tricked into firing Rosenstein.

Sean Hannity said: “Under zero circumstances should the president fire anybody … I have multiple sources confirming this … it is all a set-up.”

Pompeo Hints Rosenstein Should Resign (G.)

The US secretary of state, Mike Pompeo, has hinted that Rod Rosenstein could be in jeopardy, after reports on Friday said the deputy attorney general discussed wearing a wire to record conversations with Donald Trump and the possibility of invoking the 25th amendment to remove the president. In excerpts of an interview with Fox News Sunday, Pompeo said: “If you can’t be on the team, if you’re not supporting this mission, then maybe you just ought to find something else to do.” Asked by the host Chris Wallace if Rosenstein’s reported behaviour would constitute “being on the team”, Pompeo said: “Not remotely.”

Rosenstein oversees the special counsel Robert Mueller, who is investigating Russian election interference, links between Trump aides and Moscow and potential obstruction of justice by the president. The deputy attorney general’s remarks were reported by the New York Times and confirmed by other outlets. Speculation that Trump might fire Rosenstein, as a way to neutralise Mueller, increased to fever pitch. Such a move from the president, which would carry strong echoes of the Watergate affair which brought down Richard Nixon, would likely push the US to the brink of a constitutional crisis.

[..] Pompeo’s remarks to Fox were released after Trump told a rally in Springfield, Missouri on Friday night he would act to rid the Department of Justice and the FBI of “a lingering stench” of disloyalty. Also on Friday night, the Fox News hosts Laura Ingraham, Jeanine Pirro and Gregg Jarrett advocated firing Rosenstein. However Sean Hannity, who has perhaps even more influence with the president than Ingraham or Pirro, said Trump should not do that. In what he called “a message for the president”, Hannity said: “Under zero circumstances should the president fire anybody … I have multiple sources confirming this … it is all a set-up.”

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In a very long Russiagate piece, the NYT confesses at the very end that there is no proof.

The New York Times as Judge and Jury (Lauria)

In a massive Times‘ article published on Thursday, entitled, “‘A Plot to Subvert an Election: Unravelling the Russia Story So Far,” it seems that reporters Scott Shane and Mark Mazzetti have succumbed to the same thinking that doubled down on Iraq. They claim to have a “mountain of evidence” but what they offer would be invisible on the Great Plains. With the mid-terms looming and Special Counsel Robert Mueller unable to so far come up with any proof of collusion between Russia and the Trump campaign to steal the 2016 election—the central Russia-gate charge—the Times does it for him, regurgitating a Russia-gate Round-Up of every unsubstantiated allegation that has been made—deceptively presented as though it’s all been proven.

This is a reaffirmation of the faith, a recitation of what the Russia-gate faithful want to believe is true. But mere repetition will not make it so. The Times’ unsteady conviction is summed up in this paragraph, which the paper itself then contradicts only a few paragraphs later: “What we now know with certainty: The Russians carried out a landmark intervention that will be examined for decades to come. Acting on the personal animus of Mr. Putin, public and private instruments of Russian power moved with daring and skill to harness the currents of American politics. Well-connected Russians worked aggressively to recruit or influence people inside the Trump campaign.” But this schizoid approach leads to the admission that “no public evidence has emerged showing that [Trump’s] campaign conspired with Russia.”

The Times also adds: “There is a plausible case that Mr. Putin succeeded in delivering the presidency to his admirer, Mr. Trump, though it cannot be proved or disproved.” This is an extraordinary statement. If it cannot be “proved or disproved” what is the point of this entire exercise: of the Mueller probe, the House and Senate investigations and even of this very New York Times article? Attempting to prove this constructed story without proof is the very point of this piece.

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See that coming?

Iran Summons UK, Dutch, Danish Envoys Over Attack On Military Parade (G.)

Iran has summoned envoys from the United Kingdom, the Netherlands and Denmark over Saturday’s deadly shooting of 29 people at a military parade in the south of the country, state media has reported. The British charge d’affaires, along with the Dutch and Danish ambassadors, were “informed of Iran’s strong protests over their respective countries’ hosting of some members of the terrorist group” which carried out the attack, the official news agency Irna said. Gunmen sprayed a crowd with bullets in the south-western city of Ahvaz, at a military parade in the in oil-rich Khuzestan province. Members of Iran’s elite Revolutionary Guards and soldiers from the country’s army, as well as civilians, including children, were among the victims.

Islamic State and an Arab nationalist separatist group, called the Patriotic Arab Democratic Movement in Ahwaz, both claimed responsibility for the attack. Islamic State said via Amaq, the news outlet linked to the group, that “Islamic State fighters attacked a gathering of Iranian forces” in Ahvaz. Isis wrongly suggested the Iranian president was speaking at the parade. Hassan Rouhani was speaking at a parade in the capital, Tehran, instead. Iran called on Denmark and the Netherlands to extradite the attack’s “perpetrators and their accomplices” to stand trial, Irna said, citing foreign ministry spokesman Bahram Qasemi. “It is not acceptable that the European Union does not blacklist members of these terrorist groups as long as they do not perpetrate a crime on … European soil,” Qasemi was quoted as saying.

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Dumb. Going after reporters is something from other cultures, not Greece.

Greek Journalists Detained After Reporting Mishandling Of Migrant Funds (K.)

The publisher and editor in chief of a Greek newspaper have been detained over an article that alleges mishandling of European Union funds meant to improve conditions in migrant hotspots across the country. The journalists were detained following a complaint by Defense Minister Panos Kammenos, whose ministry is handling the EU funding. The article published Friday alleged some of the recipients of EU funding were businessmen connected to Kammenos. Panayiotis Lampsias, editor-in-chief of daily “Fileleftheros” (Liberal) told AP that “we are at the Exarchia police precinct, where we will spend the night and probably be sent to a prosecutor” on Sunday.

Opposition parties have condemned the detention. Conservative New Democracy party accused the defense minister of “thuggery” and said the real issue was the mishandling of funds. “Whether he wants it or not, [Kammenos] will be held accountable for the national shame that is Moria,” ND said in a statement. “The same goes for his ostensibly left-wing sensitive fellow ministers who on a daily basis humiliate human existence and tarnish Greece’s image across the world,” it said.

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Wonderful. The White Shark Cafe: “..it takes a month for the sharks to get there..”

Mysterious Great White Shark Lair Discovered In Pacific Ocean (SFC)

A scientific mission into the secret ocean lair of California’s great white sharks has provided tantalizing clues into a vexing mystery — why the fearsome predators spend winter and spring in what has long appeared to be an empty void in the deep sea. A boatload of researchers from five scientific institutions visited the middle-of-nowhere spot between Baja California and Hawaii this past spring on a quest to learn more about what draws the big sharks to what has become known as the White Shark Cafe, almost as if they were pulled by some astrological stimulus.

The sharks’ annual pilgrimage to the mid-Pacific region from the coasts of California and Mexico has baffled scientists for years, not just because it is so far away — it takes a month for the sharks to get there — but because it seemed, on the surface, to be lacking the kind of prey or habitat that the toothy carnivores prefer. But the researchers made a remarkable discovery. Instead of blank, barren sea, the expedition, led by scientists with Stanford University and the Monterey Bay Aquarium, found a vast community of tiny light-sensitive creatures so tantalizing that the sharks cross the sea en masse to reach them. The primary lure, scientists believe, is an extraordinary abundance of squid and small fish that migrate up and down in a little understood deep-water portion of ocean known as the “mid-water,” a region skirting the edge of complete darkness that could provide an immeasurably valuable trove of information about the ocean ecosystem and climate change.

What’s clear so far is that, like the hidden community of specialized wildlife in the Sahara, the shark cafe is a swirling mass of tiny phytoplankton, fish, squid and jellies. They move up and down in a soupy layer deep under water, a kind of twilight zone just below where sunlight stops penetrating the ocean depths. “It’s the largest migration of animals on Earth — a vertical migration that’s timed with the light cycle,” Jorgensen said. “During the day they go just below where there is light and at night they come up nearer the surface to warmer, more productive waters under the cover of darkness.” It’s a surreal deep water world populated by bioluminescent lantern fish and other species that have evolved amazing adaptations to darkness, Jorgensen said.

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Home Forums Debt Rattle September 23 2018

This topic contains 3 replies, has 2 voices, and was last updated by  V. Arnold 2 months, 2 weeks ago.

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  • #43032

    Pablo Picasso Swimming 1908   • Trump To Investigate Google, Facebook Under New Executive Order (ZH) • Theresa May Said To Be Preparing For Snap
    [See the full post at: Debt Rattle September 23 2018]

    #43034

    V. Arnold
    Participant

    Happy Autumnal Equinox; the solar year is 3/4 over.
    For those not familiar, this from Wiki:
    An equinox is commonly regarded as the moment when the plane (extended indefinitely in all directions) of Earth’s equator passes through the center of the Sun,[2] which occurs twice each year: around 20 March and 22–23 September. In other words, it is the moment at which the center of the visible Sun is directly above the Equator.

    However, because the Moon (and to a lesser extent the other planets) cause the true motion of the Earth to vary from a perfect ellipse, the equinox is now officially defined by the Sun’s more regular ecliptic longitude rather than declination. The instants of the equinoxes are currently defined to be when the longitude of the Sun is 0° and 180°.[3] There are tiny (up to 1¼ arcsecond) variations in the Sun’s latitude (discussed below), which means the Sun’s center is rarely precisely over the equator under the official definition. The two understandings of the equinox can lead to discrepancies of up to 69 seconds.

    On the day of an equinox, daytime and nighttime are of approximately equal duration all over the planet. They are not exactly equal, however, due to the angular size of the Sun and atmospheric refraction. The word is derived from the Latin aequinoctium, from aequus (equal) and nox (genitive noctis) (night).

    #43035

    I ain’t celebrating no end of summer! You can put you genitive noctis you know where.

    #43036

    V. Arnold
    Participant

    Oooo, grumpy man, LOL.
    So, celebrate the coming new year…
    …and the inevitable coming of the future…
    🙂

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