Aug 102019
 


Henri Matisse Open window, collioure 1905

 

Albert Edwards: “Chinese Authorities Lost Control Back In 2015” (ZH)
China Nationalizes Third Bank Since May (SCMP)
US, China Step Up War Of Words Over Hong Kong (AFP)
Who’s Afraid of Tulsi Gabbard? (Matt Taibbi)
Rude Awakening (Kunstler)
Huge Cache Of Records Details How Jeffrey Epstein And Madam Lured Girls (MH)
If You’re A Sexual Predator, It Pays To Be A Rich One (MH)
Assange’s Persecution Rides on Feeble Lies (Floth)
40 Rebuttals to CNN’s Bias on Assange (Fidel Narváez)
Conductor Boots Racially Abusive Teenage Girl Off Wellington Train (Stuff)
Giant River Animals On Verge Of Extinction (G.)

 

 

The last time I said something critical about the Chinese economy I was accused of sinophobia. Kid you not.

Albert Edwards: “Chinese Authorities Lost Control Back In 2015” (ZH)

.. what Edwards focused on in his latest periodic report was China in the wake of the intensification of the trade/currency war and the recent historic breach of the 7.00 Yuan floor, and in typical style, Edwards cautioned that “investors may be underestimating the turmoil that is now stirring under the surface in China. All may not be as stable as investors suppose.” One of Edwards’ key argument is, as we said earlier today, that contrary to popular opinion, it is not China that is winning the trade war – after all it has the benefit of time, while Trump has to win (or lose) the war ahead of the 2020 presidential election – but rather it is Trump who has the upper hand (today’s news of a 3rd major Chinese bank failure/bailout in as months certainly underscores Edwards’ claim). In this context, he asks the following rhetorical question:


“… what happens if this consensus is wrong? What if China is in a far more vulnerable situation than investors realise? US economic data has been poor of late but it hasnit been great in China either. I think the chart below showing a rapidly contracting jobs market will be a key concern to the Chinese authorities. Indeed, our own China economist, Wei Yao, described the economy being on shaky ground in a recent note.”

… we will only touch on Edwards’ next point, which not surprisingly, refers to China’s growing bank instability, and which notes that “more concerning are the ructions in the banking sector after the recent bailout of Baoshang Bank. Wei writes “It would not be an overstatement to say that Baoshang’s fallout is a milestone in China’s deleveraging reform and financial liberalisation. The deleveraging process is bound to expose weak institutions along the way, and it is only a matter of time before counter-party risk reaches the interbank market. …When the deleveraging process enters the very core of the financial system, the risk of things going terribly wrong rises”

Read more …

Main question here is how widespread this is.

China Nationalizes Third Bank Since May (SCMP)

China’s sovereign wealth fund has taken over Heng Feng Bank, a troubled lender linked to fugitive financier Xiao Jianhua, in the third case in as many months of the state exerting its grip over wayward financial institutions. Central Huijin Investment, a subsidiary of the China Investment Corporation that acts as the Chinese government’s shareholder in the country’s four biggest banks, has emerged as a strategic investor in Heng Feng, according to a brief report overnight by Shanghai Securities News, published by state news agency Xinhua. The investment was a breakthrough in Heng Feng’s debt restructuring led by the Shandong provincial government, the state-owned newspaper said, without citing a source or providing financial details.


Huijin’s investment would increase Heng Feng’s capital adequacy, improve the troubled bank’s management and enhance its operational capability, the paper said. [..] It’s also the second of several banks in Xiao’s financial empire to be put under state ward, after the May 24 nationalisation of Baoshang Bank in Inner Mongolia’s Baotou city. Xiao’s Tomorrow Group, which owned 89 per cent of Baoshang, had misappropriated large sums from the bank, triggering serious credit risks that prompted the government to step in, the central bank said. [..] The Chinese government’s first nationalisation of a private bank since 1998 has led to a collective collapse in the stock prices of China’s listed banks, driving their valuations to record lows, amid fears that the shakeout would affect more lenders, and that the largest and best capitalised institutions would be called upon to bail them out.

Read more …

Don’t be surprised if the US extradites a few Chinese diplomats soon.

US, China Step Up War Of Words Over Hong Kong (AFP)

The United States and China have stepped up an increasingly harsh war of words over pro-democracy protests in Hong Kong, as Beijing seeks to push its accusations that the mass demonstrations are being fueled by foreign powers. In the latest exchange, Washington on Friday called out Beijing-backed news outlets for sharing “dangerous” reports after a newspaper revealed personal information about an American diplomat in Hong Kong who met with pro-democracy activists. “Official Chinese media reports on our diplomat in Hong Kong have gone from irresponsible to dangerous. This must stop,” State Department spokeswoman Morgan Ortagus posted on Twitter.

Beijing has increasingly pitched the anti-government protests in the semi-autonomous city as funded by the West, at one point describing violent unrest in the city as “the work of the US.” But China has provided little evidence for the claim beyond supportive statements from some Western politicians. The Hong Kong-based, pro-Beijing Ta Kung Pao reported that the political unit chief of the US Consulate General in Hong Kong, Julie Eadeh, had met with members of the political party Demosisto — including prominent democracy activist Joshua Wong. It shared details on Eadeh’s career as well as her family members’ names.

The Office of the Commissioner of the Ministry of Foreign Affairs of China in Hong Kong denounced Ortagus’ remarks as “blatant slander against China” that had “again exposed US gangster logic.” Ortagus, however, said that “Chinese authorities know full well, our accredited consular personnel are just doing their jobs, just like diplomats from every other country.” “Foreign diplomats in the United States, including Chinese ones, enjoy open access to all elements of American politics, civil society, academia, and business,” she added.

Read more …

Kamala Harris support went from 20% to 7% in a week.

Who’s Afraid of Tulsi Gabbard? (Matt Taibbi)

“It just shows,” says Hawaii congresswoman Tulsi Gabbard, “that launching a smear campaign is the only response to the truth.” Gabbard, 38, burst into headlines after a July 31 Democratic Party presidential debate, when she went after California Senator Kamala Harris’s record as Attorney General of the State of California. The “smear campaign” refers to the bizarre avalanche of negative press that ensued, as reporters seemed to circle wagons around a Harris, a party favorite. The Gabbard-Harris exchange was brief but revealing, as a window into a schism in the Democratic Party. Harris was elected Attorney General of California in 2010. She frequently sought moderate or even conservative positions on issues like criminal sentencing, drug enforcement, and prison labor.

These stances were standard among Democrats back when being “tough on crime” was considered an essential component of the “electability” argument. The Democratic electorate has changed, becoming especially concerned about mass incarceration. However, the party has not quite caught up. Gabbard exposed these divisions in the July 31 event, when she said: “She put over 1500 people in jail for marijuana, and then laughed about it when asked if she ever smoked marijuana.” The Detroit crowd cheered all the way through Gabbard’s next point, about Harris’ blocking the introduction of DNA evidence in a murder case. The applause unnerved Harris, who looked like someone dented her car. She’d been at 20 points in a July 2 Quinnipiac poll; after a multi-week slide that culminated with Gabbard’s attack, Harris was at 7 percent, a “distant fourth” behind Joe Biden, Elizabeth Warren, and Bernie Sanders.

Having wounded a presumptive frontrunner backed by nearly $25 million in campaign funds, Gabbard instantly became the subject of a slew of negative leaks, tweets, and press reports. Many of these continued the appalling recent Democratic Party tradition of denouncing anything it doesn’t like as treasonous aid to foreign enemies. Harris national press chair Ian Sams tweeted, “Yo, you love Assad!”, a reference to Gabbard’s controversial visit with Syrian president Bashar al-Assad in 2017. He then tweeted a link to an insidious February 2 NBC News story, which asserted that Gabbard’s campaign was the beneficiary of Russian bots.

Harris herself meanwhile gave a sneering interview to Anderson Cooper. “This is going to sound immodest,” she said, but as a “top-tier candidate,” she could “only take what [Gabbard] says and her opinion so seriously.” She added Gabbard was an “apologist for an individual, Assad, who has murdered the people of his country like cockroaches.”

Read more …

“.. the Democratic Party first lost its mind, and then committed suicide.”

Rude Awakening (Kunstler)

Speaking of “stabbing motherfuckers in the heart,” why are the “progressives” who moiled outside Senator Mitch McConnell’s house the other night not cooling their heels in a federal lock-up for threatening to assassinate a public official? That’s the usual procedure. How difficult would it be to locate them? Nobody has even asked — a peculiar development. Twitter boss Jack Dorsey took the predictable “progressive” action of banning Senator McConnell’s election campaign account for posting a video of the very mob looking to “stab motherfuckers in the heart” outside his house. That should be good, at least, for a hearty lawsuit against Twitter that might raise the consciousness of the 23-year-old wokester myrmidons Jack Dorsey hired to pretend that their diligent bannings of non-woke Tweeters are the work of supposed “algorithms” — as well as Mr. Dorsey himself, the arrogant prick behind it all.

Any decent psychological detective can conclude why the Left, including especially the Democratic Party — formerly a pillar of our political system — has gone insane. Losing a national election two and half years ago traumatized the base. In the process, the party made the rueful discovery that it was devoid of reality-based political ideas. This prompted the adoption of reality-optional excuses for failure masquerading as political ideas: Russia did it! Trump was “Putin’s puppet.” That clinically paranoid meme, and the massive investigatory activity it provoked, ended in more failure, so profound that the party still can’t face it.

But the Democratic Party must sense that it is about to be held accountable for all that. The Deep State officials who acted out that shadow-play on its behalf, with all its seditious overtones, are about to be frog-marched into the grand juries any week now. The party itself, or at least its executive gang, the DNC, may be included in the clean-up operation. It’s really hard to see how the party survives that. Its loyal historians will probably say that some motherfucker stabbed it in the heart. More factually, the Democratic Party first lost its mind, and then committed suicide.

Read more …

Julie K. Brown’s take at the Miami Herald. Brown is one of the initiators of the entire investigation.

Huge Cache Of Records Details How Jeffrey Epstein And Madam Lured Girls (MH)

A chilling picture of how hundreds of girls and young women from around the world were trafficked for sex by Jeffrey Epstein, his madam, Ghislaine Maxwell, and — allegedly — a number of powerful business and world leaders emerged Friday in court documents unsealed in New York. The documents, the largest cache to be released in the 13 years since Epstein’s case began, offer brutal details about Epstein’s trafficking of teenage girls in Palm Beach, New York and overseas — as well as Maxwell’s obsessive and often abusive quest to provide him with new girls over a span of years in the early to mid 2000s.

Virginia Roberts Giuffre, whose 2015 federal defamation suit against Maxwell was the source of the documents, provided testimony and evidence to substantiate her claims of exploitation at the hands of Epstein and Maxwell through photographs, plane logs and even a medical record from Presbyterian Hospital in New York where Giuffre was taken by Epstein after a particularly abusive sex episode. Her story was also corroborated by an ex-boyfriend, whom she told about the abuse at the time, and another woman who worked as an assistant for Maxwell and Epstein named Johanna Sjoberg. Sjoberg, who was a college student at Palm Beach Atlantic University when she was recruited by Maxwell, said that Maxwell’s primary role in Epstein’s life was to provide him with young girls at least three times a day.

“He explained to me that, in his opinion, he needed to have three orgasms a day. It was biological, like eating,’’ Sjoberg said in a sworn deposition in 2015. The names of some prominent, wealthy men Giuffre says she was directed to have sex with are spattered throughout the approximately 2,000 pages released Friday. They include: the late scientist Marvin Minsky, modeling scout Jean-Luc Brunel, former New Mexico Gov. Bill Richardson, 71, former Sen. George Mitchell, 85, Hyatt hotels magnate Tom Pritzker, 69, and prominent hedge fund manager Glenn Dubin, 62. Giuffre has previously identified Epstein’s lawyer, Alan Dershowitz, 80, and Prince Andrew, 59, as two of the people with whom she had sex.

All the men have issued denials, with some of them, including Dershowitz, insisting that they never met Giuffre. No charges have been filed against anyone other than Epstein, who was indicted last month in New York on two counts of sex trafficking. Some of the testimony released Friday is difficult to read, as when one 15-year-old Swedish girl, shaking and crying in fear, told a butler who worked for two of Epstein’s closest friends that she had been taken to Epstein’s island in the Caribbean and ordered to have sex with him and others. The butler, in a sworn statement, said the girl, visibly traumatized, told him that Epstein and Maxwell had physically threatened to harm her and seized her passport to keep her on the island, according to the butler’s statement.

Read more …

Also from the Miami Herald. Epstein was abusing girls while serving a sentence for abusing girls.

If You’re A Sexual Predator, It Pays To Be A Rich One (MH)

The more we learn about Jeffrey Epstein’s 13 months in so-called custody at the Palm Beach County Stockade, the clearer is the lesson: It definitely helps to be rich, even if you’re a sexual predator. Last week, Gov. Ron DeSantis finally ordered the Florida Department of Law Enforcement to investigate Epstein’s coddled life while serving 13 months of an 18-month sentence after pleading guilty in 2008 to two felony counts of prostitution. One of those crimes involved soliciting sex from a minor, serial behavior of Epstein’s that had caught the attention of the FBI. A 53-page federal indictment resulting from that probe was spiked by then-U.S. Attorney Alex Acosta, paving the way for the multimillionaire’s mysteriously lenient plea deal.

Even the most jaded observers of the justice system wouldn’t expect that royal treatment would be given to a slimy perv who recruited high school girls to visit his Palm Beach mansion and give him massages. Yet, according to records from the jail and sheriff’s department, Epstein enjoyed perks that no other convicted sex criminal would ever have the gall to request. He took the concept of “work release” to a whole new level. He was allowed to leave the stockade 12 hours a day, six days a week, and upon his return stayed in a mostly empty wing of the facility. For Epstein, jail wasn’t an incarceration so much as an inconvenience. Deputies were given permission to leave his cell unlocked while he was there. He was more of an out-mate than an inmate.

Sometimes he got to watch TV in a room normally reserved for attorneys visiting jailed clients. During his daily road trips, he was followed by off-duty deputies who were paid $126,000 for their respectful supervision. The officers often wore business suits and addressed him as “Mr. Epstein.” [..] Attorney Bradley Edwards, who represents some of Epstein’s female accusers, said he knows of women who were brought to Epstein for sex while he was away from the stockade during the day. Those claims will be part of the new FDLE investigation.

Read more …

“..a dog snarling into the hole of a rabbit does not confine it there..”

Assange’s Persecution Rides on Feeble Lies (Floth)

The official US reaction to Melzer’s report has naturally been to decry the content. It starts upon this with a certain fable of righteousness, which implies that a dog snarling into the hole of a rabbit does not confine it there: “Mr Assange voluntarily stayed in the embassy to avoid facing lawful criminal charges pending against him. As such his time in the embassy did not constitute confinement and was in no way arbitrary.” Like the term ‘confinement,’ the word ‘arbitrary’ is a weasel in this particular fable. It does not function in human rights law to imply any lack of rationale, but to identify the rationale of some authority as crucially unprincipled. Where such a fault applies it is likely to be ignored, misrepresented and/or distracted from by the culpable authority.

Hence, as in the quote above, they tend to assert some righteous motive, real or fictional, as centrally vindicating. It is common and wrong for those reprimanded to respond this way, since their place is to respect the findings of UN appointees and if necessary, reasonably correspond with them. The entire point of international law is that countries are legally held to account. In terms of the presently relevant human rights covenants, this involves a regime of independent assessment as to whether they are complying with the covenants they ratified. No brute enforcement applies here and the system should work perfectly well without it, if only the signatories abide by it in good faith.

In this primary and neglected context, the account that the US has given of itself has been a spectacular self-incrimination. The two sentences quoted above happen to assert the main premise of Assange and appointees from the UN who saw fit to defend him. For it is plainly implied in the quote that staying in the embassy was the logical means he appropriated to avoid negative repercussions intentionally prepared for him by the US in response to his publishing.

Read more …

Fidel Narváez worked at the Ecuador embassy in London Assange stayed in. They became friends.

40 Rebuttals to CNN’s Bias on Assange (Fidel Narváez)

Having worked as a diplomat at the Ecuadorian embassy in London for six out of the seven years that Julian Assange lived there as a political refugee, unlike others, I am privy to what actually happened there. I am alarmed by CNN’s June 15th 2019 story, alleging Assange turned the Ecuadorian embassy in London into a command post for election meddling. The story contains several substantive shortcomings and too many factual errors. I warned CNN about them when I was approached during their “investigation,” but none of my points were included in the article. It is clear that CNN was not looking for balance in their publication, choosing instead to make assertions without showing actual proof, and to use props such as irrelevant CCTV images, a sensationalist collage and a miniature image of unreadable documents to make it seem as though the story was based on evidence.

CNN’s story is based on the wrong premise that publishing information about an election—in this case the 2016 US presidential election—constitutes interference. Nobody refutes the authenticity of the material and nobody claims that the information was not in the public interest. In fact, New York Times editor Dean Baquet stated that had his newspaper obtained the same material, and regardless of the source or means by which the information had been obtained, the New York Times would have published it. Following CNN’s own logic, all major newsrooms should also be called “election interference centers,” which is how CNN chooses to call the embassy where Julian Assange received political asylum while he was the publisher of WikiLeaks. CNN implies criminality in something that is a legitimate exercise in journalism.

Prior to CNN’s story, the best example of this type of completely unsubstantiated reporting was the Guardian’s front page story “Manafort Held Secret Conversations With Assange In The Ecuadorian Embassy”, which was preceded by another libelous article entitled “Russia’s Secret Plan To Help Julian Assange Escape From UK.” Both of these stories were absolutely false; both were written by the same authors and propped using the same sources: reports written by employees of a private company in charge of security at the Ecuadorian embassy, as well as information provided by anonymous agents of Ecuador’s intelligence services.

Read more …

Nice.

Conductor Boots Racially Abusive Teenage Girl Off Wellington Train (Stuff)

A Wellington train was literally stopped in its tracks after a teenage girl racially abused a male passenger for speaking Hindi on his cellphone. The passenger was reportedly yelling, “go back to your own country, don’t speak that language here”. Unhappy with the teenager’s actions, conductor JJ Phillips told her to get off the train which was travelling on the 8.35pm service from Wellington Railway Station bound for Upper Hutt on Thursday. Unwilling to comply, the teenager told Phillips that she wasn’t getting off, so the conductor called police. “She said she was getting off at the next stop, and the conductor said ‘no you can get off at this one, I’m not putting up with that nonsense’,” a passenger told RNZ.

“We were just in awe that she had the courage to say ‘this isn’t on and I’m not going to put up with it, no matter who you are and whether you’re a paying customer or not – you can get off the train and find your own way home.'” A Transdev spokeswoman said the teenager was “acting aggressively, swearing and repeating racist comments to several customers on the train who were speaking in other languages”. Despite passengers objecting, the girl continued and the conductor was alerted to the situation. “Manager JJ Phillips asked the customer to stop the behaviour, then when she did not, she was asked to leave the train. The comments persisted so JJ phoned the Police who removed the customer at Ngauranga.”

The train continued after the teenager had been left with police. Phillips then apologised for the delay, telling the passengers that behaviour wasn’t acceptable in New Zealand – and she was rewarded with a round of applause.

Read more …

“Across Europe, North Africa and Asia, populations have plunged by 97% since 1970. ”

Giant River Animals On Verge Of Extinction (G.)

Populations of the great beasts that once dominated the world’s rivers and lakes have crashed in the last 50 years, according to the first comprehensive study. Some freshwater megafauna have already been declared extinct, such as the Yangtze dolphin, and many more are now on the brink, from the Mekong giant catfish and stingray to India’s gharial crocodiles to the European sturgeon. Just three Chinese giant softshell turtles are known to survive and all are male. Across Europe, North Africa and Asia, populations have plunged by 97% since 1970. The killing of the animals for meat, skins and eggs is the cause of the decline, along with humanity’s ever growing thirst for freshwater for crops, its many dams, as well as widespread pollution.

The scientists assessed 126 species, covering 72 countries, and found numbers had plunged by an average of 88%. Many of the creatures are keystone species in their ecosystems, such as beavers, and the researchers said their loss will have knock on effects on all fauna and flora and on the many millions of people that depend on the waterways for their livelihoods. “The results are a wake-up call to us about the plight of these species,” said Zeb Hogan from the University of Nevada, US, who participated in the research team. “Many of them are at risk of extinction, and almost all of them need our help. It’s a race now to see what can be understood and protected before it’s too late.”

The Mekong river in southeast Asia is home to more giant fish species than any other river on Earth and Hogan has worked there for two decades. But he said populations have dropped to almost zero as the rapidly increasing human population has escalated the pressure on them. The Mekong is also home to the world’s largest catfish, which can weigh almost 300kg (661lb), and the biggest carp and freshwater stingray species. All are now classified as critically endangered, one step from extinction.

Read more …

 

On August 10, 1897, German chemist Felix Hoffmann synthesized acetylsalicylic acid (ASA) in a stable form usable for medical applications. In 1899 it was marketed for the first time under the trade name Aspirin.

 

 

 

 

 

Home Forums Debt Rattle August 10 2019

This topic contains 18 replies, has 8 voices, and was last updated by  lasttwo 2 months ago.

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  • #49103

    Henri Matisse Open window, collioure 1905   • Albert Edwards: “Chinese Authorities Lost Control Back In 2015” (ZH) • China Nationalizes Third Ban
    [See the full post at: Debt Rattle August 10 2019]

    #49105

    Dr. D
    Participant

    “ Albert Edwards: “Chinese Authorities Lost Control Back In 2015” (ZH)”

    Not saying we can win the trade war, or that there are any winners, but this shows we do have leverage. As said 20x, they cannot shut off U.S. AG since if they buy from Brazil, Brazil’s buyers then buy from us. There is no surplus on planet earth, we eat the food we eat. Is it really that hard to just enforce patent rights and cut down fentynl? Everybody else manages it.

    “ China Nationalizes Third Bank Since May (SCMP)”

    It is hurting them, but they also can do what they want because they’re not a market economy. (neither are we) So is this all necessary in the currency/trade reset, or are they still trying to start a war with China the U.S. can lose 1919-style?

    Like I said last week, I’d be shocked if nearly the entire protest wasn’t caused and run by us. Yesterday, we had the pictures. The U.S. said publishing the truth like that wikileaks guy was “gangster tactics”, i.e. illegal. Yes, we know you’d like to make real journalism illegal. You tell us every day when you call it “hate speech.”

    “Who’s Afraid of Tulsi Gabbard? (Matt Taibbi)”

    Tulsi is trying to help them, just as I am. What she said of Harris is true, so were Harris the DNC candidate what do you think DJT would say about her to voters? You want to hear this the first time then? There ain’t no safe space here, thankfully. If her flaws are too exploitable it’s critical you knock her out and not waste DNC effort with softballs and fake polls propping her up.

    She only “burst into headlines” as this candidate most likely to pull swing voters has had a total media blackout rivaling Ron Paul’s. These stances were not standard, as Harris has the low honor of being the only person on stage who is literally a slaver: like the Dutch in the 17th century, she pulled up to her neighborhoods, rounded up children who were innocent or guilty of only petty crimes she carelessly participated in (i.e. pot), sent them to private prison making uniforms to keep profits up, then when their release dates arrived, refused to release them. That’s quite a record, and not a winning one for 2020. And how is this not like the African coast in 1700?

    In response, the DNC breathlessly support her, then ignore this certain to be brought up, then attack and smear Tulsi with violent falsehoods who is doing them a big favor, then attempt to hide her entirely-public record by erasing Harris’ public data off the California government website. I can’t fathom the ways you are attempting to lose, by what breathtaking, awe-inspiring margins you are trying to lose by promoting a candidate like this. Apparently Buttigieg’s leveling of black neighborhoods and making them pay for it was not villainous enough; they had to find someone ‘more’. And it’s true: he’s just a piker in those terms.

    Anyway, so now they’re doubly mad that a Democrat is getting excitement and rising in the polls among Democrats and Republicans alike. No! This well-spring of popularity for us and our party must be stopped at all costs and by all means!

    And some would think it hyperbole that lifelong Democrat Kunstler says they’ve committed suicide.

    “Also from the Miami Herald. Epstein was abusing girls while serving a sentence for abusing girls.”

    So weird, and with all this sudden headline news this week, that the day this drops is the day the Federal Prosecutor retires. And they wanted her for the top job, overseeing Trump. Well, another mystery and coincidence, what can I say? Life is filled with them.

    “a slimy perv who recruited high school girls”

    To show we haven’t gotten to the bottom yet, he was also VIP at a Minnesota Girls’ theatre camp. Had his own house on site and everything.

    “40 Rebuttals to CNN’s Bias on Assange (Fidel Narváez)”

    Yes, well CNN attacks journalism every day they remain open. And attacks real journalists both within and without, which is their very reason for being: to pretend to be news to replace the real news with what their handlers prefer.

    “all major newsrooms should also be called “election interference centers,”

    You’re right! We need to shut them down immediately! And we’re working feverishly on that now, handing it all to Google, who openly vowed to interfere in both 2016 and 2020, then took visible, verifiable steps to throw perhaps 8 million votes, by colluding with MI6, GPS, and Ukraine.

    “Conductor Boots Racially Abusive Teenage Girl Off Wellington Train (Stuff)”

    This is quite likely to be harassment or even assault, which are not protected free speech. Neither are aggressive customers required equal service, as any pub knows. However, the only reason anyone published the article is because of WHAT she was saying to be disruptive, and the WHAT doesn’t matter: if she is arguably accosting customers, she is required to be legally removed. Another common day at work on planet earth.

    #49106

    christopher cobb
    Participant

    Have you posted a single positive story about China this year, or ever? And your argument about China having no answer, or communism having no answer, was completely without substance, and laughable. A Langley thought experiment.

    You disappoint me.

    #49107

    christopher cobb
    Participant

    ‘There is no surplus on planet earth’- baloney.

    We throw out half the food grown.

    There was plenty of food in the great Indian famines of the nineteenth century, and the bengal famine, and infrastructure to distribute it, but ‘markets’, a benthamite experiment that prefigured future holocausts.

    And you know what China doesn’t have, for all the talk of ‘shadow banks’, a quadrillion dollar ‘market in derivatives.

    Here from Luciana Bohne:

    “The IMF is the debt trap, not China: some VERY basic observations

    China’s infrastructural assistance to African countries (and not only) is pissing off the usurers of the IMF. Why?

    1. The main reason is that China makes bi-lateral agreements, the terms of which are secret, not available to institutions like the IMF. This hampers the IMF’s ability to assess risk when it negotiates its own loans to China’s bilateral partner

    2. Follows on #1. Risk assessment is crucial to IMF because creditors are private investors while Chinese creditors are state-owned enterprises (much more sustainable as “risk). In other words, the creditors are the Chinese people.

    3. The IMF loans are granted based on demand to constrict expenditures in the public sector and expanding them for the private sector, based on the market fundamentalist faith that the engine of economic growth is the private sector. Thus, IMF loans require of the debtor “structural adjustment” of public services and utilities–shrinkage of government role in the public good. This means that the IMF dictates domestic policies. China’s loans are not predicated on interfering with domestic policies. They calculate their returns in terms of human development–believe it or not. Whereas the IMF calculate in terms of returns to investors. In other words, China lends to countries (23) that the IMF considers at risk and even severe risk (16), without forcing them to adopt market fundamentalism–or communism, for that matter.

    4. In the Congo, right now, the IMF has a big headache because it cannot assess risk of debt renewals.. On the one hand, it does not know the terms of China-Congo debt agreements, and, on the other, it does not know how much China has covered IMF death distress to the Congo in one-time deals. The IMF, therefore, complains of “lack of transparency” by China and partner. (who would be “transparent” with loan sharks?)’

    #49115

    scraplet
    Participant

    Epstein’s dead. Well, didn’t see that coming /sarc

    #49116

    christopher cobb
    Participant

    China’s 5G Leadership Means US Eavesdropping is Blocked, Spies Unemployed

    “The issue comes down to whether we get everyone’s data or China gets everyone’s data,” a former director of the Central Intelligence Agency told me recently. But I don’t think that is the issue at all: More than one kind of technology now exists that will make eavesdropping impossible — not just difficult or expensive, but outside the realm of physical possibility.

    The ultimate form of data security is quantum communications, an application of physics that China has pioneered. Two years ago Chinese scientists had a video call with colleagues in Vienna, creating the signal by entangling atoms halfway around the world. The system that makes the communication possible cannot be stolen, because any outside intervention destroys the signal itself. It is like a letter that disintegrates the instant you set eyes on it. Commercial applications of this technology may not be too far away. In 2018, Huawei conducted field trials for data security in optical networks with the Spanish telephone company Telefónica.

    #49117

    It’s only 3 weeks ago that I wrote:

    How Long is Jeffrey Epstein For This World?

    #49118

    “Authorities” say Epstein hanged himself in his cell. How is that possible when you’re on suicide watch?

    #49121

    scraplet
    Participant

    “Authorities” say Epstein hanged himself in his cell. How is that possible when you’re on suicide watch?

    Doubting the official story? Sounds like conspiracy talk to me. Somebody notify the FBI and Twitter!

    #49123

    zerosum
    Participant

    Who cares if he did have info about other/elites peoples sex lives.
    Not me. The rich and powerfull don’t care if we know.
    Just maybe, there is rich and powerful someone who fears a wife who would use a paring knife on him.

    #49125

    lasttwo
    Participant
    #49127

    John Day
    Participant

    http://www.johndayblog.com/2019/08/epsteins-arkancide.html
    The death of John F. Kennedy ushered in a new age of pessimism and cultural irrationalism from which our society has never recovered. The destruction of a long term vision as exemplified by the space program, the St. Lawrence Seaway and the New Deal projects had resulted in a tendency within the population to increasingly look upon present pleasures as the only reality, and future goods as the mystical expression of the sum of present pleasures. In this new philosophical setting, so alien in previous epochs, money was permitted to act as a power unto itself for short term gains instead of serving the investments into the real productive wealth of society. With this new paradigm shift into the “now”, a new economic model was adopted to replace the industrial economic model which had proven itself in the years preceding and following World War II.
    ​ ​The name for this system was “post-industrial monetarism”. This would be a system ushered in by Richard Nixon’s announcement of the destruction of the fixed-exchange rate Bretton Woods system and its replacement by the “floating rate” system of post 1971 fame. During that same fateful year of 1971, another ominous event took place: the formation of the Rothschild Inter-Alpha Group of banks under the umbrella of the Royal Bank of Scotland, which today controls upwards of 70% of the global financial system. The stated intention of this Group would be found in the 1983 speech by Lord Jacob Rothschild: “two broad types of giant institutions, the worldwide financial service company and the international commercial bank with a global trading competence, may converge to form the ultimate, all-powerful, many-headed financial conglomerate.”

    To Avoid a Collapse Means Restoring Glass-Steagall (Without the Green New Deal)

    ​This may be the default “way forward”, a trade and currency WW-3 of starvation blocks to trade. Mohamed El-Erian is a globalist, a smart one.
    …with the US-China row now extending beyond economics to include national-security and domestic political issues, the best-case scenario on trade is a series of ceasefires; the more likely outcome is escalating tensions.
    https://www.project-syndicate.org/commentary/global-economy-inclusive-growth-risks-by-mohamed-a-el-erian-2019-08

    ​China bailed out the Turkish central bank in June. What might be the quid pro quo? Turkey remains in play.
    https://www.zerohedge.com/news/2019-08-09/turkey-received-1-biollion-bailout-china-reserves-ran-out

    ​Monsanto vs. Neil Young? Really?
    ​ ​The Monsanto “Fusion Center” – the name of its internal counterintelligence organization – produced detailed graphs on the Twitter activity of rock musician Neil Young, who released an album in 2015 called the Monsanto Years. The center “evaluated the lyrics on his album to develop a list of 20+ potential topics he may target” and created a plan to “proactively produce content and response preparedness.”
    ​ ​At one point, Monsanto officials were “closely monitoring discussions” about a concert featuring Young, Willie Nelson, John Mellencamp and Dave Matthews.
    ​https://www.zerohedge.com/news/2019-08-09/they-were-saying-horrible-things-how-monsanto-tried-discredit-journalists-rockstars

    #49128

    Diogenes Shrugged
    Participant

    Perhaps it’s not too early to pen, “How Long is Tulsi Gabbard For This World?

    At this point, do I actually need to explain that comment?

    It appears to me that his jailers had something to lose if Epstein testified. I’ll believe Epstein’s dead when his victims are allowed to examine his corpse. Until then, just consider how sophisticated body doubles and CGI have become. Your first reaction to any MSM report should be skepticism.

    #49129

    Diogenes Shrugged
    Participant

    “Nucleix, a Tel-Aviv-based life sciences company, was able to create credible DNA evidence that could be used to finger the wrong person, proof that even genetic evidence can be manipulated (beyond planting a hair or used cigarette) just like other physical traces. ”

    https://blogs.scientificamerican.com/news-blog/lab-creates-fake-dna-evidence-2009-08-18/

    It’s a real shame none of Epstein’s victims were packing heat. Everything downstream from arrest is no longer credible.

    #49132

    oh right and mr. cobb, accusing me of sinophobia does not start a conversation, it ends it

    #49135

    christopher cobb
    Participant

    That’s okay by me, since you clearly have nothing of interest to say on the subject.

    #49136

    lasttwo
    Participant

    We will kill the insects and fish and mammals , the rich will be ok until the poor eat the rich. China has turned most of their country into one huge farming experiment and the US and Canada are poisoning there ground and water. interesting answer on quora about how china feeds their people. It this is the future mother earth stands no chance.

    https://www.quora.com/How-is-China-able-to-provide-enough-food-to-feed-its-population-of-over-1-billion-people-Do-they-import-food-or-are-they-self-sustainable

    #49137

    lasttwo
    Participant

    Raul was correct again. I am afraid that Gabbard has been shut down – regardless of the poll results she wont get the required 2% in four polls. But you are correct she speaks truth to power and if they cannot destroy her credibility they will stop her some other way. Trump is doing dramatic and incredible harm to the environment we may never be able to undo the damage he is doing and rewarding the idiot in brazil for decimating the amazon in crazy. but if they run Biden and its the same old bullshit I may skip voting for the first time in my adult life.
    https://www.nationalgeographic.com/news/2017/03/how-trump-is-changing-science-environment/

    #49138

    lasttwo
    Participant
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