Oct 082019
 October 8, 2019  Posted by at 9:27 am Finance Tagged with: , , , , , , , , , , , , ,

Paul Gauguin Breton woman and goose by the water 1888


Trump Appears to Reverse Syria Decision (USNews)
Trump Vows To OBLITERATE Turkish Economy If It Does ‘Anything Off Limits’ (RT)
Joe, Hunter Biden Could Be Forced To Testify In Senate Impeachment Trial (WT)
A Hard Rain (Jim Kunstler)
US Federal Deficit Estimated At $984 Billion, Highest In Seven Years (Hill)
US Blacklists China Organisations Over Xinjiang ‘Uighur Abuse’ (BBC)
Court Rejects Latest Request To Force PM To Ask For Brexit Extension (G.)
Irish Border Is A Matter Of Life And Death, Not Technology (Fintan O’Toole)
Convicted Pedophile Gary Glitter To Earn Big From ‘Joker’ Movie (CNBC)
Twitter, Facebook Could Face Billions In Fines After Ireland Probes (CNBC)
Ecuadorians Revolt Against Moreno’s IMF-Imposed Neoliberal Policies (GZ)
Russian, US Visitors Targets For Spanish Firm That Spied On Assange (El Pais)



Less war? Condemnation on all sides of all aisles.

Trump Appears to Reverse Syria Decision (USNews)

A senior administration official on an organized call with reporters appeared to contradict President Donald Trump about Syria policy late Monday, refuting interpretations of his statements from earlier in the day that prompted broad outrage from supporters and opponents alike. The U.S. is not removing its forces from Syria in the face of a Turkish incursion, said the official, speaking on the condition of anonymity. Rather, the president ordered roughly 50 special operations troops in northern Syria to relocate to a different part of the country after he learned that Turkey has planned an offensive against U.S.-backed Kurdish forces in Syria. The official said that offensive had not yet begun.

The latest assertion, however, appears to conflict with a flurry of tweets the president issued Monday, further explaining a White House statement late Sunday that first announced the withdrawal, but offered few details. “It is time for us to get out of these ridiculous Endless Wars, many of them tribal, and bring our soldiers home,” Trump wrote in one tweet. The idea of the U.S. withdrawing any of its roughly 1,000 troops still in Syria – even just from the front lines where they operate with Kurdish allies – prompted widespread outrage on Capitol Hill, including from some of the president’s staunchest allies like Sen. Lindsay Graham and Senate Majority Leader Mitch McConnell. They feared that the decision amounted to abandoning the Kurds, who have been instrumental in defeating the Islamic State group, but which Turkey has labeled as terrorists and vowed to attack.

Read more …

Pleasing Erdogan is never a good idea.

Trump Vows To OBLITERATE Turkish Economy If It Does ‘Anything Off Limits’ (RT)

In a fairly blunt warning to the NATO ally, US President Donald Trump vowed to “obliterate” the Turkish economy if he thinks it’s stepped out of line in Syria. He then told Ankara to “watch over” ISIS fighters in the US’ absence. “If Turkey does anything that I, in my great and unmatched wisdom, consider to be off limits, I will totally destroy and obliterate the Economy of Turkey (I’ve done before!)” the president threatened via tweet on Monday – an odd turn of phrase for what otherwise seemed like a dire warning to a supposed ally. Trump called for Turkey to join “Europe and others” in “watch[ing] over the captured ISIS [Islamic State] fighters and families” just hours after announcing the US would finally pull out of northern Syria on Monday.

The announcement triggered howls of fury from hawks in Congress and the media, as well as sudden experts in Middle Eastern politics who cried that leaving Syria would abandon the Kurds to be torn apart by Turkey. The Pentagon “does not endorse a Turkish operation in Northern Syria,” a Pentagon statement issued on Monday clarified, stating “the US Armed Forces will not support, or be involved in any such operation.” While Turkey considers the Kurdish YPG militia an extension of the banned terrorist group PKK, the US has been arming and protecting the Kurds for years – and, as Trump pointed out in his earlier announcement, paying them “massive amounts of money and equipment.”

Read more …

Ukraine as Pandora’s box.

Joe, Hunter Biden Could Be Forced To Testify In Senate Impeachment Trial (WT)

Former Vice President Joseph R. Biden and his son Hunter could be forced to testify if the Senate ends up holding an impeachment trial of President Trump, say congressional aides who questioned whether Democrats have thought through the full implications of their impeachment drive. Not only could Mr. Biden be forced to be in D.C. at a critical moment in the presidential campaign, but so could many of his chief rivals — the half-dozen senators also vying for Democrats’ presidential nomination, impeachment experts said.

For that matter, if the House chooses to impeach Mr. Trump on charges stemming from the special counsel’s Russia investigation, aides said it could open the door to witnesses such as fired FBI Agent Peter Strzok or even major figures from the Obama administration. Mr. Trump could even be present for the entire spectacle. Experts said the Senate would have a hard time refusing him if he demanded to confront the witnesses against him.

Read more …

A lifelong liberal has had his fill.

A Hard Rain (Jim Kunstler)

A lot of readers (some of them former readers now) have been angrily twanging me by email for writing about the three-year Resistance effort to un-do the 2016 election. I did not vote for Mr. Trump (or Mrs. Clinton) but I resent the coup mounted to overthrow him. I object to the bad faith and dishonesty of the Resistance. I object to the criminal misconduct among the federal bureaucracy, and the mendacity of its partners in the news media, and the hysteria they continue to generate — at the expense of other matters that concern our future. The political disorder spooling out is the political expression of the long emergency that the nation faces as it finally encounters the limits to growth we were warned about decades ago.

The techno-industrial phase of history is ending, and we are left only with inadequate fantasies for coming to terms with it and moving forward. The dynamic relationship between affordable energy supplies and the operations of money roils at the core of this predicament. They are undoing each other and the result will be a contraction of human activity. The big question we refuse to face is how to cope with contraction. Beyond the ongoing orchestrated coup stands a reality-optional political Left consumed by serial hysterias, uninterested in truth, steeped in social despotism, and apparently willing to do anything to gain power. We should be very concerned with what they intend to do with that power.

As they attempt to redistribute wealth, they will make the unhappy discovery that the wealth itself is subject to the wholesale contraction underway. The overvalued “assets” representing “money” hoarded by the “wealthy” will turn out to be figments of a runaway debt crisis. We have already debased the operations of banking, and the tokens that banks issue — currencies and securities — levitate over an abyss. We already have plenty of evidence for what the Left will do to the principle of political liberty. Their shibboleths of “diversity” and “inclusion” really mean shutting down free speech and telling everybody how to think. They are less interested in “social justice” than in plain coercion, the pleasure they take in pushing people around. What’s worse is that they want to use government as the instrument for enforcing their will.

Read more …

Who’s counting anymore? The US will end up with only the rich and the desolate.

US Federal Deficit Estimated At $984 Billion, Highest In Seven Years (Hill)

The federal budget deficit for 2019 is estimated at $984 billion, a hefty 4.7 percent of GDP and the highest since 2012, the Congressional Budget Office (CBO) said on Monday. The difference between federal spending and revenue has only ever exceeded $1 trillion four times, in the period immediately following the global financial crisis. The deficit, which has grown every year since 2015, is $205 billion higher than it was in 2018, a jump of 26 percent. The CBO has warned that the nation’s debt is on an unsustainable path. Higher levels of debt increase borrowing costs, make it harder for the government to battle economic downturns and increase the share of future spending devoted to paying off interest costs.

Since President Trump took office, the GOP has passed a massive tax cut package that reduced revenue, while Democrats and Republicans have agreed to increase spending year after year. Budget watchers note that the main drivers of the deficit, however, come from automatic spending programs such as Social Security, Medicare and Medicaid. “Democrats and Republicans must be held responsible for the outrageous deficit reported today by the CBO,” said Jason Pye, vice president of legislative affairs at the conservative advocacy group FreedomWorks. “This unsustainable situation is only going to get worse,” he added.

Read more …

Always fun to see the US accuse others of its own signature practices.

US Blacklists China Organisations Over Xinjiang ‘Uighur Abuse’ (BBC)

The US has blacklisted 28 Chinese organisations for their alleged involvement in abuses against ethnic Uighurs in China’s Xinjiang province. The organisations are now on the so-called Entity List, which bars them from buying products from US companies without approval from Washington. The 28 targets include both government agencies and technology companies specialising in surveillance equipment. It is not the first time the US has put Chinese groups under a trade ban. In May, the Trump administration added telecommunications giant Huawei to the Entity List because of security fears over its products.

A Commerce Department filing said the organisations are “implicated in human rights violations and abuses”. Rights groups say Beijing is severely persecuting the mostly Muslim Uighurs in detention camps. China calls these “vocational training centres” to combat extremism. The Commerce Department said in its decision on Monday that these 28 entities are implicated in “China’s campaign of repression, mass arbitrary detention, and high-technology surveillance against Uighurs, Kazakhs, and other members of Muslim minority groups.” Xinjiang province’s Public Security Bureau is on the list, along with 19 other smaller government agencies.

Read more …

But ties him down in the process. The Court also has the power to write the extension request for the PM.

Court Rejects Latest Request To Force PM To Ask For Brexit Extension (G.)

Anti-Brexit campaigners have failed in an attempt to force Boris Johnson to ask for an extension to article 50 if he is unable to get a Brexit deal through parliament. Lord Pentland, sitting in the court of session in Edinburgh, rejected their request for a court order instructing the prime minister to seek an extension if he cannot get a deal passed by the Commons this month. Pentland said he had to take at face value pledges made by the UK government on Friday that Johnson would write the letter seeking an extension on 19 October as required under the so-called Benn act. Pentland said those assurances were unequivocal.

“I approach matters on the basis that it would be destructive of one of the core principles of constitutional propriety and of the mutual trust that is the bedrock of the relationship between the court and the crown for the prime minister or the government to renege on what they have assured the court that the prime minister intends to do,” the judge ruled. [..] Anti-Brexit campaigners are expected to appeal against the decision on Tuesday, when they will ask another Scottish court to write the article 50 extension letter if Johnson fails to do so. The campaigners – Dale Vince, a green energy entrepreneur, Jolyon Maugham QC, an anti-Brexit campaigner, and Joanna Cherry QC, a Scottish National party MP – want the inner house of the court of session to use its unique nobile officium powers to act on Johnson’s behalf. Those powers allow the court of session to take action in a situation where a remedy is needed, but this case is seen as highly unusual.

Read more …

“Essentially a technical discussion of the exact nature of future customs checks.”

Irish Border Is A Matter Of Life And Death, Not Technology (Fintan O’Toole)

Spaff some money on some geeks.” According to Chris Cook’s excellent account of Theresa May’s Brexit negotiations with Brussels, that was the instruction issued to the civil service by May’s enforcer Fiona Hill in late 2016. It had finally dawned on the British government that it had committed itself to two incompatible things. One was that under no circumstances would there be a return to a hard border between the UK and the Republic of Ireland. The other was that all of the UK was going to leave the EU’s customs union. May faced exactly the same problem that her successor Boris Johnson is struggling with: you can do one or other of these things but you cannot do both. If Northern Ireland leaves the customs union, there will be border controls.

And so May tried to do what Johnson is still proposing: throw money at nerds and hope that they can somehow transform a political problem into a technical issue. The old (superbly condescending) joke was that whenever the Irish question was about to be solved, the Irish would change the question. But the British government has been trying to solve the riddle of Brexit’s Irish question not just by changing the question, but by changing the entire conceptual framework. It has to be removed from a discourse of history and geography and memory and translated into the languages of technology and managerialism. That is how Johnson sought to define the problem in his speech to the Tory party conference last week: “Essentially a technical discussion of the exact nature of future customs checks.”

Previously, of course, he suggested that crossing the Irish border was similar to going from one borough of London to another, and that any problem it creates could be solved with the same technology used to operate the city’s congestion charge. This is a way of minimising and dismissing an inconvenient truth. But it also goes to the heart of the complete failure of Johnson’s proposals for a replacement of the backstop designed to keep the border invisible. Everybody in Ireland, north and south, knows that there are many technical questions thrown up by Brexit. But nobody – not even Johnson’s DUP allies – really believes that what Brexit does to John Bull’s Other Island is a matter for a “technical discussion”. In Ireland, it’s about lives – and deaths.

Read more …

Every single sports stadium in the US has played Rock and Roll Part 2 all the time for decades. He should be filthy rich already.

Convicted Pedophile Gary Glitter To Earn Big From ‘Joker’ Movie (CNBC)

The contentious inclusion of a song by convicted pedophile Gary Glitter in “Joker” has sparked a wave of criticism from moviegoers, with many concerned the disgraced former glam rock singer will be entitled to lucrative music royalties. The R-rated comic book movie smashed box office records over the weekend, with Warner Bros. hauling in $93.5 million in the U.S. alone. That marked the highest debut for a film released in October in cinematic history. “Joker” also garnered $140.5 million internationally, bringing the film’s total ticket sales to $234 million, Warner Bros. said Sunday. But, despite the film’s opening weekend success, the makers of the movie have stoked controversy for featuring Glitter’s 1972 hit “Rock and Roll Part 2” in a lengthy scene.

The song plays for approximately two minutes as Joaquin Phoenix, who has received rave reviews for his portrayal of the eponymous villain, dances down a long flight of steps outside his Gotham City apartment. Glitter, whose real name is Paul Gadd, is reportedly expected to receive a lump sum for allowing the recording to be used in “Joker.” He is also thought to be in line for music royalties depending on the success of movie theater ticket sales, DVD sales and film soundtrack sales. The 75-year-old was jailed for a total of 16 years in 2015 for attempted rape, four counts of indecent assault and one count of having sex with a girl under 13. All six offenses were committed in the 1970s and 1980s. He was first jailed in 1999 when he admitted to possessing images of child abuse.

Read more …

Let’s see it first.

Twitter, Facebook Could Face Billions In Fines After Ireland Probes (CNBC)

Ireland’s Data Protection Commission has concluded investigations into Facebook’s WhatsApp and Twitter over possible breaches of EU data privacy rules, a spokesperson for the agency revealed to CNBC Monday. The investigations will now move into the decision-making phase, according to Graham Doyle, head of communications for Ireland’s DPC. During this next phase, Ireland’s chief data regulator, Helen Dixon, will issue draft decisions, which are expected to come toward the end of the year. These would mark Ireland’s first decisions related to U.S. multinational companies since Europe’s privacy law called the General Data Protection Regulation (GDPR) went into effect on May 2018.

In her draft decisions, Dixon will determine the penalty, if any, that either company faces for breaching data privacy rules. Companies can be fined up to 4% of global annual revenues for breaching Europe’s data privacy law called GDPR. For Facebook, that could mean a fine of more than $2 billion based on its fiscal year 2018 revenue. Because many big tech companies have their EU headquarters in Ireland, the Irish DPC supervises the firms under GDPR. Ireland’s DPC has opened more than a dozen investigations into big tech companies including Facebook, Apple, Google and Twitter.

Read more …

Delivers Assange, gets loan, turns against his people, declares state of emerrgency, flees the capital and moves it elsewhere.

Ecuadorians Revolt Against Moreno’s IMF-Imposed Neoliberal Policies (GZ)

“Se acabó la zanganería” — “The zanganería is over.” With these words, uttered on October 4, Ecuador’s President Lenin Moreno proclaimed the end of a 40-year policy of fuel and petrol subsidies, which had traditionally benefited his country’s working-class population. [..] The decision to cut the government’s decades-old fuel subsidies was just one element in a package of neoliberal economic reforms presented by the Moreno government on October 1. The program was part of a bid to satisfy the demands of the IMF. This October, the reform package set off an explosion of mass protests across the nation. Moreno claimed the drastic new economic measures were necessary to reduce “wasteful” public spending and balance the government’s budget.

The most controversial measure of all has been the elimination of the petrol subsidies that had been in place since the 1970s. This removal led to a staggering 123 percent rise in the price of diesel, with similar increases in the price of other fuels. The package also introduced a 20 percent decrease in the salary of public employees, and initiated plans to privatize pensions and removed workplace security and job security safeguards. When he announced the wildly unpopular austerity package, President Lenin Moreno sensed that large protests against his government were inevitable. So he declared a national “state of emergency,” and immediately deployed both the police and the military against protesters in the capital of Quito and other areas around the country.

Read more …

The lawlessness is staggering.

“Employees of UCE Global took apart and photographed the cellphones of North American journalists who visited the founder of WikiLeaks..”

Russian, US Visitors Targets For Spanish Firm That Spied On Assange (El Pais)

David Morales, the director and owner of Undercover Global S. L., the Spanish defense and security company in charge of protecting the Ecuadorian embassy in London during Julian Assange’s long stay there, called on his team to catalogue “the Russian and American citizens” who visited the cyberactivist as a maximum priority, according to testimonies and documents to which EL PAÍS has had access. The company allegedly spied on the WikiLeaks founder for the US intelligence services, and in the wake of revelations published by this newspaper is being investigated by the Spanish High Court, the Audiencia Nacional. Morales gave written instructions to his employees in London for them to give advance warning of the priority targets from both countries.

All of the information collected about these and other visitors was sent to an FTP (File Transfer Protocol) server in Jerez de la Frontera, the headquarters of UCE Global S. L., in southern Spain. This kind of “big brother” was the place were all of the information collected was stored in an orderly fashion, including files from cellphones, profiles by nationality (Russians, North Americans, Germans, etc.), professions, and documents from attorneys, diplomats, journalists, doctors, and so on. Employees who worked for UCE Global S. L. have told this newspaper that the CIA had access to this server, and that Morales did not want to reveal the identity of “his American friends” when there were technical problems and there was a request for contact with the client.

The IP numbers registered come from the US and one of them corresponds to a company that provides security services for the FBI. A study of the reports that were created over a period of years by this company reveals that international current affairs and events surrounding the cyberactivist defined and modified the objectives of the company and its “North American clients.” [..] The monitoring of the dozens of people who visited Assange during the seven years he was in the embassy was comprehensive. But in the case of the priority targets – North Americans, Russians, attorneys and journalists – it was intensified as much as possible. Employees of UCE Global took apart and photographed the cellphones of North American journalists who visited the founder of WikiLeaks, according to testimony and graphic documents to which EL PAÍS has had access.

Read more …


How the top tax rate for highest incomes has changed in the US.





Home Forums Debt Rattle October 8 2019

Viewing 17 posts - 1 through 17 (of 17 total)
  • Author
  • #50457

    Paul Gauguin Breton woman and goose by the water 1888   • Trump Appears to Reverse Syria Decision (USNews) • Trump Vows To OBLITERATE Turkish Eco
    [See the full post at: Debt Rattle October 8 2019]

    V. Arnold

    All, and I mean all, U.S. economic data is total bullshit!
    How does one navigate the choppy seas of finance?
    Carefully, very carefully; with a serious study of the reality of the world’s economics…
    They are corrupt to the core; so go forth carefully with sword drawn…


    Well, we now know what the strategy is (or we already did, but now it’s in the open): blame the EU and ‘Remainers’ for everything that goes wrong. And the BBC duly jots it down. Germany refuses to comment on confidential talks, so it’s all No. 10. The key point is blaming the EU for being “willing to torpedo the Good Friday agreement”, the very point Brussels has always said London needs to solve: you’re leaving, not us.

    And London accepted that responsibility until it found out it couldn’t do it. The Tories have simply been too impressed with themselves to do the homework.

    Brexit Deal ‘Essentially Impossible’ After PM-Merkel Call – No 10

    A No 10 source says a Brexit deal is “essentially impossible” after a call between the PM and Angela Merkel. Boris Johnson spoke to the German chancellor earlier about the proposals he put forward to the EU – but the source said she made clear a deal based on them was “overwhelmingly unlikely”.

    They also claimed she said a deal would never be possible unless Northern Ireland stayed in a customs union. Mrs Merkel’s spokesman said they did not reveal confidential conversations. [..] An EU official close to the negotiations told BBC Brussels correspondent Adam Fleming Mrs Merkel’s reported comments did not reflect the EU’s agreed position, adding: “This is not our language.”

    [..] The source said the UK was not willing to move away from the principle of providing a consent mechanism for Northern Ireland or the plan for leaving the customs union, and if the EU did not accept those principles, “that will be that” and the plan moving forward would be an “obstructive” strategy towards Brussels.

    They also accused the EU of being “willing to torpedo the Good Friday agreement” – the peace process agreed in Northern Ireland in the 1990s – by refusing to accept Mr Johnson’s proposals, arguing the plan is key to respecting the so-called “principle of consent”.

    [..] after the phone call on Tuesday morning, the No 10 source said it had been a “clarifying moment”, adding: “Talks in Brussels are close to breaking down, despite the fact that the UK has moved a long way.”

    Dr. D

    “Trump Appears to Reverse Syria Decision (USNews)”

    Syria: guessing as usual the State Dept. and bureaucracy is simply defying orders and doing whatever they think they can get away with. Cheeto only runs maybe 20% of the government so far.

    Rumor has it there may be interesting terrain in this part of Syria though. WHAT IF Iran, to be in compliance of the nuclear treaty, instead ran a centrifuge base a mile across the border in Syria? What if that base wasn’t run by Rouhani, but the breakaway Rev. Guard who shot down the drones and tried to get a war going that would only advantage S.A. and Israel? WHAT IF the C-130 cargo planes of cash-money given to Iran specifically so it couldn’t be tracked via banking trace was meant to insure that war happens? And you know, any uranium mischief has an inescapable signature of the source mine, one thing slowing down such mischief, traced to the source. So WHAT IF if was uranium sourced from the Uranium One mines? They are in Canada, but can plausibly blame Russia even though the U.S./Canada/Deep State would have the same material. …Because it’s pretty clear there are quite a posse’ of high-profile individuals gunning for a nuclear war in the M.E., to bring the Christ, to bring the antichrist, to bring the Madhi, to hide the financial theft and collapse, or just for $$$ and greater territory. And we already know a bunch of de-commissioned delivery missiles are missing from the United States. IF by some chance this were true, it would make the territorial control on that border much more understandable. All the U.S. men, Russia, and Assad’s Syria seem to be converging on the same target. Funny world.

    While they’re busy with that, they need to keep Europe’s largest army by multiples from settling old scores and stealing all those yummy oil and gas fields on their southern border of Erdogan’s greater Ottoman.

    “Joe, Hunter Biden Could Be Forced to Testify in Senate Impeachment Trial (WT)”

    Public trial would be awesome, which is why we don’t have one. We don’t even have an impeachment. In fact, we don’t even have an inquiry despite lies to the contrary, because the House would need to vote and set rules. Also it would come from the Judiciary, which already has a committee and 6 REAL investigations. If lies don’t work: More Lies!!!

    Any vote would establish rules of the minority party, who could then legally proceed with legal facts, which is why they cannot vote. They can only keep this going and smear the election. Oh wait: isn’t that what they’re accusing HIM of? Politics.

    “US Federal Deficit Estimated at $984 Billion, Highest in Seven Years (Hill)”

    We are never going to pay this. Obviously. So make it $9 or $900 TRILLION instead. What’s the difference?

    “Court Rejects Latest Request to Force PM to Ask for Brexit Extension (G.)”

    Wow, a court that is not a self-appointed monarch. That’s refreshing. Because the above sentence is: “The unelected court decides national strategy and policy on behalf of the Prime Minister” They declined.

    “Irish Border Is a Matter of Life and Death, Not Technology (Fintan O’Toole)”

    Yes but so is Brexit. Only Irishmen count? Or do we have to balance the needs of all the parties involved? If so then Irishmen should have as equally hard time as the rest and not get special dispensation, as is just. That is, the minority have rights, but so do the majority.

    “Convicted Pedophile Gary Glitter to Earn Big from ‘Joker’ Movie (CNBC)”

    In cancel culture, you have to know the deep history of every person and thing, where the poison from every arrow was made, and a man is never permitted to serve his time and be free. There is no forgiveness, if you are guilty of any crime, ever, even decades ago, even as a child, you are never allowed to grow, change, make amends, but are always and forever judged by your worst day. Because I said so. #AntiLogos, as this is what comes of rejecting the Rabbi’s call for peace, love, forgiveness, and the rules on casting stones: a spiral of hate, violence, and retaliation forever, doing the will of the rebellious one, amen.

    Let the guy serve his time, and us to get our music back. You don’t want to look into the personal history of artists. You won’t like what you find.

    “How the top tax rate for highest incomes has changed in the US.”

    But the wealthy don’t pay those taxes. They buy a senator and a loophole. Didn’t Russia prove this when they went flat-rate and revenue increased? A 10-minute discussion with any accountant will tell you that the wealthy buy oil, muni’s, T-bills, and other tax-free instruments, then offshore money, keep it in corporate structures instead of taking “income”, (Bezos’ ‘income’ is a mere $80k) and shelter it in assets. If you want economic hoarding and stagnation, or the near-total destruction of family farms and businesses, this is how to get it. What happened with Kennedy and taxes? Not saying it has to be erased, but there’s an inflection point, and our tax rate is already far beyond it. The top 10% already pay 90% of taxes. 50% already are too poor to pay any (income) taxes. Too high? This is why they need carbon taxes. They are regressive and fall exclusively on the poor. If they took everything from every person, corporation, and asset, they could only balance the budget for one year. But we have a solution! More government! More spending!


    And no, I haven’t forgotten yesterday’s thread about comments and (non-existent) censorship. But I’m not a techie, nor a WordPress specialist. So any input is welcome. I’d love to solve all of it. Not much use repeating the entire thing, please refer to the last bit of yesterday’s thread. Specifically: why do some comments not show up when people feel sure they posted them, why do people feel they can’t see some comments, why do some User Profiles indicate Comments Off, where do I go to see a User’s History.


    I lost all respect for the talking experts on the news. They fabricated , projected, exjarated, ….etc.

    The announcement triggered howls of fury from hawks in Congress and the media, as well as sudden experts in Middle Eastern politics who cried that leaving Syria would abandon the Kurds to be torn apart by Turkey.

    Here is what I hear Trump say yesterday ….

    ” …. the president ordered roughly 50 special operations troops in northern Syria to relocate to a different part of the country …. ”

    The boots are still on the ground. The USA is still not going home.

    Former Vice President Joseph R. Biden and his son Hunter could be forced to testify if the Senate ends up holding an impeachment trial of President Trump

    Listen to Biden’s response …. (He is not an idiot)



    A lifelong liberal has had his fill.

    That’s because a traditional “liberal” no longer has a place to call “home”; both US political “parties” have become fronts for totalitarian ideologies antagonistic to “American culture”.


    to hide the financial theft and collapse…..stealing all those yummy oil and gas fields on their southern border of Erdogan’s greater Ottoman…. If they took everything from every person, corporation, and asset, they could only balance the budget for one year.

    But what, pray tell, did they do with OUR $21+ TRILLION? Which is undoubtedly peanuts compared to what FASAB56 will enable!

    Doc Robinson

    Dr. D “We are never going to pay this. Obviously. So make it $9 or $900 TRILLION instead. What’s the difference?”

    Reminds me of this from the great Finnish comedian ISMO:

    Almost all countries in the world are now in debt…
    There is actually more debt, in the world, than there is money.
    So, yes, probably it’s gonna get paid.
    As soon as we borrow something from another planet.
    Like, “We got this paid now, but we owe ten billion to Jupiter.”
    It’s so weird, how the whole planet can be in debt.
    But, I think it’s possible, because countries don’t owe money to each other,
    but countries owe money to banks.
    And, if the countries owe money to banks, how stupid are the countries to pay?
    Like, ’cause a country, has an army.
    The bank has four cashiers, and a cleaning lady.
    “We have to pay!”
    “They have threatened us!”
    “They sent us a letter!’
    “If we don’t pay now, they might send ANOTHER letter!”
    “What do we do then?!”
    “We have a nuclear submarine…
    but they have a stapler!”
    It so weird, like, I’m sure that if, for example,
    Genghis Khan would have, in his time, borrowed some loan, some mortgage, from some bank.
    I’m sure that he would never have paid.
    The bank’s at the door like, “You have to pay.”
    “Uh, well I have ten thousand horsemen, with spears.”
    “Do I really have to pay?”
    “Uh, well, uh– n– no.”
    but it will affect your credit rating!”

    — Ismo Leikola


    Not a rumor! Trump has a conversation with Erdogan. Immediately decides he is removing U.S. troops from Syria.

    “I have a little conflict of interest ’cause I have a major, major building in Istanbul,” Trump told Bannon during a Breitbart radio show. “It’s a tremendously successful job. It’s called Trump Towers—two towers, instead of one, not the usual one, it’s two.”


    Trump towers in Moscow or Istanbul, we understand by now that we’ve been had, don’t we? What’s the Istanbul narrative, Erdogan was promised the AAA penthouse?!


    Okay, the conversation has sort of paused, between coffee and spirits I’m sure, but let’s get it revamped, shall we? So it won’t be Biden, he’ll get eaten up by Ukraine, it won’t be Elizabeth Warren, between Pocahontas and the latest pregnancy revelations, and it won’t be Bernie, because you ain’t gonna vote for the oldest guy ever when he’s already had a heart attack to boot. Alors? Hillary? Kamala? Michelle? Or the gay major? Discuss…..

    V. Arnold

    …it seems fairly obvious that it no longer matters who sits the WH, because what passes for democracy, is broken…
    I will say that, it appears Trump is a least trying to get the troops out of Syria; failing, but trying…and being fought tooth and nail by duly(?) elected representatives.
    As to 2020? Up front and in our face; we’ll get whatever “they” deem we deserve!
    As in the past, we’ll indeed get the government we deserve…
    Fortunately, my pessimism only extends to the U.S. and the poor souls who inhabit its beautiful geography…


    “Those Trump Towers are a pair of glass buildings in Istanbul that have borne Trump’s name since 2012. Trump doesn’t own the buildings—the situation might be less complicated if he did. Instead, Trump licenses his brand to the building’s actual owner, Turkish business magnate Aydin Dogan, who has been described as the single largest payer of taxes in Turkey. He’s a one-time antagonist of Erdogan who is now in step with the strongman.”

    “The conflict of interest and the way it could affect Trump’s position on important issues—or at least the perception of how it could affect his position—quickly became obvious after Trump made this comment. In June 2016, after Trump said he supported a ban on immigration by people from countries he said were associated with Islamic terrorism—he called them “terror countries”—Erdogan objected, and so did Dogan, and both threatened to remove Trump’s name from the buildings.”

    “That’s no small threat—according to personal financial disclosures filed by Trump, since he launched his bid for the presidency, he has earned somewhere between $3.2 million and $17 million in royalties from the deal. (The amounts are given in ranges; the precise figures are unclear.)”

    ” When he ran for office, Trump said he would handle conflicts of interest like this by turning over his businesses to his children. He didn’t. Instead, he simply stepped away from the daily operations of his business empire, but he retains full ownership of almost all of the assets, including the licensing company that collects royalties from Dogan.”

    To your question RELATIVE TO MY POST…I could care less who the nominee is. What I want is to see this MFer in jail. I want him impeached. I want the Senate to NOT convict because Pence would just pardon him like Ford did for Nixon. When (or IF, if you like) I want him indicted for his crimes and imprisoned.

    To V….That’s how you restore some modicum of Democracy. We could all take an example from Iceland.

    V. Arnold

    To V….That’s how you restore some modicum of Democracy. We could all take an example from Iceland.

    Iceland has a population of just under 400,00 which is about 1% of the U.S..
    It is also a fairly mono-cultural society (fewer immigrants).
    So, I’m not very optimistic they’re an example the U.S. is capable of emulating…
    IMO, the U.S. is at critical mass; internally paralyzed and open to any crazies organised enough to be effective…

    John Day

    ​But the border area Erdogan marked is quite populated with some 850,000 people living there. Most of them are Kurds.
    ​ ​Turkey wants to replace those Kurds with the Syrian mob that it armed and supported against the Syrian government troops. These people and their families currently live in Turkey. To move them into north Syria would be one of the largest ethnic cleansing operation the world has seen in recent times.
    ​ ​A saying goes “The Kurds have no friends but the mountains.” But there are no mountains in Syria’s north east. While the YPG might want to fight off a Turkish invasion they have little chance to succeed. The land is flat and the YPG forces only have light arms.
    ​ ​There is only one solution for them. They will have to call up the Syrian government and ask it to come back into the north east. That would remove the Turkish concerns and would likely prevent further Turkish moves.

    ​The illegal weapons rat-line into Syria, to arm the ISIS caliphate and assorted “good terrorists” is laid out again in detail. It is US and UK covert operations, as usual.
    ​ Arms Watch published emails exposing how British shell companies were used as cover for a US government program to arm militants in Syria, called in internal memos ‘Task Force Smoking Gun’.
    Years after the height of the CIA billion dollar program ‘Timber Sycamore’, and after the US Department of Defense ‘Train and Equip’ program, more and more details of the nuts and bolts of covert aid to jihadists in the Levant are falling into place.

    Is the second CIA “whistleblower” John Bolton?

    Israeli politics has been jammed recently. This article has good detail on those political processes. Johnathan Cook
    ​ ​The reality is that there is strong unity in Israel – over shared, deeply ugly attitudes towards Palestinians, whether citizens or those under occupation. Paradoxically, the only obstacle to realising that unity is Netanyahu’s efforts to cling to power.

    Why Israel is Struggling to find a way out of Its Political Deadlock

    A few days old, but useful information. Israel has been attacking Iraq, Syria and Lebanon, frustrated by the formation of a “Shia Crescent” of political solidarity from Iran to Syria.
    During the last five days there have been protest all over the south of Iraq where the majority of the people are Shia. The protest escalated within a few days into shootings with over a hundred killed. In several cities party and government offices were burned and various groups hustle to take a position in the “leaderless” movement.
    There are legitimate reasons for protests. The majority of the people in Iraq is younger than 20 years. The people have little chance of finding a job. The state is weak and many of its actors are corrupt. Services the state is supposed to provide don’t get delivered. Electricity and water supply is often sparse.
    But those are not the reasons why the protests immediately escalated into violence:
    Liz Sly @LizSly – 22:19 UTC · Oct 4, 2019
    Many Iraqi protesters are complaining of unknown snipers targeting them from rooftops, and it’s possible they are aiming at both the demonstrators & the security forces.
    Quote: Reporting Iraq @TFPOI · Oct 4
    Protestors are confirming the use of snipers from buildings, targeting protesters approaching Tahrir Square.
    A young man was killed by the use of snipers. Evidence in the form of a photo can be seen.
    #iraq #baghdad #save_the_iraqi_people
    During the 2014 U.S. coup in Ukraine the same method was used to inflame the country.

    Turkey Joins Russia’s Ruble-Based Alternative To SWIFT

    ​ ​Brexit talks have come to an abrupt halt in Brussels days after the British government demanded intensive negotiations on Boris Johnson’s proposals.
    ​ ​Sources on both sides confirmed that no meetings between the negotiating teams were scheduled. There are 22 days to go before the UK is due to leave the EU.
    ​ ​Discussions between EU and UK officials had been held almost daily since the prime minister and the European commission president, Jean-Claude Juncker, met for lunch in Luxembourg in mid-September.

    MPs will be called to Parliament for a special Saturday sitting in a decisive day for the future of Brexit.
    ​ ​Parliament will meet on 19 October after a crunch EU summit – seen as the last chance for the UK and EU to agree a deal ahead of 31 October deadline.
    ​ ​If a deal is agreed, Boris Johnson will ask MPs to approve it – but if not, a range of options could be presented.
    ​​The BBC’s Laura Kuenssberg says these could include leaving without a deal, and halting Brexit altogether.


    “So, I’m not very optimistic they’re an example the U.S. is capable of emulating…
    IMO, the U.S. is at critical mass; internally paralyzed and open to any crazies organised enough to be effective…

    Perhaps! But I don’t believe things are altogether that different from the gilded age. Teddy Roosevelt was pretty successful at taking power away from the oligarchy. I’ll grant you however that his ascension to the presidency was a fluke. As far as being paralyzed, I guess we’ll just have to differ on that opinion.

Viewing 17 posts - 1 through 17 (of 17 total)
  • You must be logged in to reply to this topic.