Dec 012019
 


Arthur Rothstein Family leaving South Dakota drought for Oregon Jul 1936

 

Fastest-Growing Debt Category In US Not Student Loans Or Credit Cards (CNBC)
Automakers Offer Record Incentives As Trillion Dollar Auto Bubble Bursts (ZH)
The Fed’s Answer to the Ghastly Monster of its Creation (EP)
Germany Closes All Nuclear Plants, Must Bury Waste For 1 Million Years (CNN)
Spanish Judge To Question Assange Over Ecuador Embassy Spying Claims (El Pais)
‘We’re Working For The Dark Side’: Firm Accused Of Spying On Assange (RT)
Tulsi Gabbard: Wake Up And Smell Our $6.4 Trillion Wars (AC)
OPCW Manipulation Of Douma Report Requires Fresh Look At Skripal Case (MoA)
Prince Andrew Meeting With US Authorities Would Be A ‘Catch-22’ (G.)
Will The Epstein Story Ever be Fully Told? (Rice)
Scott Adams Has Some Ideas for a Calmer Internet (Wired)

 

 

Here, have some money.

Fastest-Growing Debt Category In US Not Student Loans Or Credit Cards (CNBC)

It’s the fastest-growing debt category in the country, but if you are thinking student loans or credit cards, you’re wrong. Personal loan balances now exceed $300 billion, as of the second quarter of this year, according to Experian, a whopping 11% yearly increase. For good reason, too, as personal loans can help to consolidate credit card debt, or make funds available for major projects, such as a home remodeling effort. For many of us, the allure is hard to ignore, but personal loans do differ in some key ways from other types of credit you might use, such as credit cards. It’s important to understand the key differences before signing on the dotted line.


As compared to credit cards, personal loan interest rates can vary much more dramatically, according to research by ValuePenguin. In fact, some borrowers with excellent credit may qualify for loans with interest rates as low as 5% or 6% with some lenders. On the other hand, borrowers with poor credit may encounter rates higher than the average credit card, sometimes exceeding 30%. This wide range of interest rates make personal loans more affordable for those with better credit, and may make the most sense for borrowers with excellent credit who can pay off the loan in a timely manner. On the other hand, borrowers with poor or fair credit may face interest rates higher than what they’d otherwise qualify for with a credit card.

Read more …

Can we recognize an industry that is dying? Or do we simply refuse?

Automakers Offer Record Incentives As Trillion Dollar Auto Bubble Bursts (ZH)

Early last month, we outlined how automobile sales deteriorated in late summer and prophesized how “this would set the stage for increased incentive spending by carmakers, who will be desperate to clear inventory heading into the end of the year.” It seems that we were right. Automakers are now offering the most discounts on record to entice deadbeat consumers in November, according to a new report from JD Power. The average incentive spending per vehicle is $4,538, an increase of 12% YoY. The previous high for the industry was $4,378 in 4Q17. Inventories for older model-year vehicles have soared in 2H19, forcing automakers to boost incentive spending to clear excess inventory. With the average APR to finance a vehicle around 5.3% for the month, the average transaction price remained above $34,000, down from $179 from last month but up $622 over the year.

As a result of low rates and record-high incentives, consumers spent $40.3 billion on new vehicles in November. This figure is up $2.7 billion from 2018. Thomas King, Senior Vice President of the Data and Analytics Division at JD Power, said, manufacturers will offer even greater incentives through December, and the trend could continue into early 2020. “Incentive spending typically rises by 3-4% in December, which would continue to drive overall spending to unprecedented territory,” King said. King warned: “This [incentive trend] is concerning for the health of the industry when combined with rising sub-prime sales, which are growing at the highest rate since August 2018.”

Read more …

“..the bull market in stocks is not a function of a booming economy. Rather, it’s a function of Fed madness. And its existence becomes ever more perilous with each passing day.”

The Fed’s Answer to the Ghastly Monster of its Creation (EP)

The launch angle of the U.S. stock market over the past decade has been steep and relentless. The S&P 500, after bottoming out at 666 on March 6, 2009, has rocketed up over 370 percent. New highs continue to be reached practically every day. Over this stretch, many investors have been conditioned to believe the stock market only goes up. That blindly pumping money into an S&P 500 ETF is the key to investment riches. In good time, this conditioning will be recalibrated with a rude awakening. You can count on it. In the interim, the bull market may continue a bit longer…or it may not. But, to be clear, after a 370 percent run-up, buying the S&P 500 represents a speculation on price. A gamble that the launch angle furthers its steep trajectory. Here’s why…

Over the past decade, the U.S. economy, as measured by nominal GDP, has increased about 50%. This plots a GDP launch angle that is underwhelming when compared to the S&P 500. Corporate earnings have fallen far short of share prices. Hence, the bull market in stocks is not a function of a booming economy. Rather, it’s a function of Fed madness. And its existence becomes ever more perilous with each passing day. Central planners at the Fed – like other major central banks – have taken monetary policy to a state of madness. Zero interest rate policy, negative interest rate policy, quantitative easing, operation twist, quantitative tightening, reserve management, repo market intervention, not-QE, mass-asset purchases, and more.

These schemes have fostered massive growth in public and private debt with nothing but lackluster economic growth to show. What’s more, these schemes have produced massive asset bubbles that have skyrocketed wealth inequality and inflamed countless variants of new populism. Yet the clever fellows at the Fed are blind to the fact that they’re most responsible for fabricating this monster. And now they want to rectify the ghastly deformities of their creation… Earlier this week, for example, Minneapolis Fed President Neel Kashkari remarked that: “Monetary policy can play the kind of redistributing role once thought to be the preserve of elected officials.”

How exactly Mickey Mousing with credit markets could attain this objective is unclear. But, like yield curve control (YCC), Kashkari wants to give it a go. These sorts of amorphous meddling operations is how he answers his higher calling. You see, Kashkari’s a man with crazy eyes. But he’s also a man with even crazier ideas. He’s an extreme economic interventionist – and a crackpot. Though he wears his burdens on his sleeve. If you recall, as federal bailout chief, Kashkari functioned as the highly visible hand of the market. When the sky was falling in early-2009, he awoke each morning, put on his pants one leg at a time, drank his coffee, and rapidly funneled Treasury Secretary Hank Paulson’s $700 billion of TARP funds to the government’s preferred financial institutions.

Read more …

No human being can guarantee anything for a million years. It’s a mad mad claim.

Germany Closes All Nuclear Plants, Must Bury Waste For 1 Million Years (CNN)

When it comes to the big questions plaguing the world’s scientists, they don’t get much larger than this. Where do you safely bury more than 28,000 cubic meters – roughly six Big Ben clock towers – of deadly radioactive waste for the next million years? This is the “wicked problem” facing Germany as it closes all of its nuclear power plants in the coming years, according to Professor Miranda Schreurs, part of the team searching for a storage site. Experts are now hunting for somewhere to bury almost 2,000 containers of high-level radioactive waste. The site must be beyond rock-solid, with no groundwater or earthquakes that could cause a leakage. The technological challenges – of transporting the lethal waste, finding a material to encase it, and even communicating its existence to future humans – are huge.


Germany decided to phase out all its nuclear power plants in the wake of the Fukushima disaster in 2011, amid increasing safety concerns. The seven power stations still in operation today are due to close by 2022. With their closure comes a new challenge — finding a permanent nuclear graveyard by the government’s 2031 deadline. Germany’s Ministry for Economic Affairs and Energy says it aims to find a final repository for highly radioactive waste “which offers the best possible safety and security for a period of a million years.” The country was a “blank map” of potential sites, it added.

Read more …

Took 3 months. Normally, a matter of days.

Spanish Judge To Question Assange Over Ecuador Embassy Spying Claims (El Pais)

The British justice system has finally agreed to let a Spanish judge question WikiLeaks founder Julian Assange as a witness in a case involving allegations that a Spanish security firm spied on him while he was living in the Ecuadorian embassy in London. Judge José de la Mata of Spain’s High Court, the Audiencia Nacional, will interview the cyber-activist via video link on December 20, said judicial sources. Assange will be transferred from Belmarsh prison in southeast London to Westminster Magistrates Court to answer questions from De la Mata, who is investigating alleged violations of client-attorney privilege between the cyber-activist and his lawyers, and allegations that these conversations were passed on to the CIA.


British civil servants visited Assange in prison last week, asked him whether he agreed to be questioned by De la Mata, and delivered a document listing the events under investigation by the judge, who had issued a European Investigation Order (EIO) in September requesting assistance from British authorities. It has not been easy to secure the UK’s permission to question the Australian cyber-activist. The Spanish judge sent London the EIO on September 25, requesting authorization to interview Assange as part of an investigation into Morales and his company for breach of privacy, violation of client-attorney privilege and illegal arms possession.

Read more …

Has the guy been arrested yet?

‘We’re Working For The Dark Side’: Firm Accused Of Spying On Assange (RT)

A private security firm that allegedly spied on Julian Assange in the Ecuadorian Embassy in London bragged about its nefarious activities and ties to US intelligence, according to German public broadcaster NDR. The troubling revelations are part of a criminal complaint filed by NDR against Undercover Global, a Spanish security company contracted by the Ecuadorian government to film and review guests at their embassy in London. The firm is accused of using the commission to carry out a vast spying operation targeting the WikiLeaks co-founder, who sought political asylum in the embassy for seven years before his hosts handed him over to British authorities. The German broadcaster claims to have a huge cache of documents detailing the illegal surveillance operation – which also targeted NDR journalists who visited Assange.


Former employees of Undercover Global said that the company’s CEO, David Morales, didn’t try to hide his ties to the US government. Upon returning from a trip to the United States, Morales allegedly told one of his employees: “From now on, we play in the first league… We are now working for the dark side.” He is said to have traveled up to twice a month to the States to deliver materials taken from the Ecuadorian Embassy. When asked by colleagues who his “American friends” were, Morales reportedly replied: “the US Secret Service.” Incredibly, a lawyer from Undercover Global acknowledged to NDR that the company works with US intelligence agencies – but denied any wrongdoing at the Ecuadorian Embassy.

Read more …

“..our wars have killed 801,000 directly and resulted in a multiple of that number dead indirectly..”

Tulsi Gabbard: Wake Up And Smell Our $6.4 Trillion Wars (AC)

The Democratic establishment is increasingly irritated. Representative Tulsi Gabbard, long-shot candidate for president, is attacking her own party for promoting the “deeply destructive” policy of “regime change wars.” Gabbard has even called Hillary Clinton “the queen of warmongers, embodiment of corruption, and personification of the rot that has sickened the Democratic Party.” [..] Gabbard recognizes that George W. Bush is not the only simpleton warmonger who’s plunged the nation into conflict, causing enormous harm. In the last Democratic presidential debate, she explained that the issue was “personal to me” since she’d “served in a medical unit where every single day, I saw the terribly high, human costs of war.”

Compare her perspective to that of the ivory tower warriors of Right and Left, ever ready to send others off to fight not so grand crusades. The best estimate of the costs of the post-9/11 wars comes from the Watson Institute for International and Public Affairs at Brown University. The Institute says that $6.4 trillion will be spent through 2020. They estimate that our wars have killed 801,000 directly and resulted in a multiple of that number dead indirectly. More than 335,000 civilians have died—and that’s an extremely conservative guess. Some 21 million people have been forced from their homes. Yet the terrorism risk has only grown, with the U.S. military involved in counter-terrorism in 80 nations. Obviously, without American involvement there would still be conflicts.

Some counter-terrorism activities would be necessary even if the U.S. was not constantly swatting geopolitical wasps’ nests. Nevertheless, it was Washington that started or joined these unnecessary wars (e.g., Iraq, Libya, Syria, and Yemen) and expanded necessary wars well beyond their legitimate purposes (Afghanistan). As a result, American policymakers bear responsibility for much of the carnage. The Department of Defense is responsible for close to half of the estimated expenditures. About $1.4 trillion goes to care for veterans. Homeland security and interest on security expenditures take roughly $1 trillion each. And $131 million goes to the State Department and the U.S. Agency for International Development, which have overspent on projects that have delivered little.

More than 7,000 American military personnel and nearly 8,000 American contractors have died. About 1,500 Western allied troops and 11,000 Syrians fighting ISIS have been killed. The Watson Institute figures that as many as 336,000 civilians have died, but that uses the very conservative numbers provided by the Iraq Body Count. The IBC counts 207,000 documented civilian deaths but admits that doubling the estimate would probably yield a more accurate figure. Two other respected surveys put the number of deaths in Iraq alone at nearly 700,000 and more than a million, though those figures have been contested. More than a thousand aid workers and journalists have died, as well as up to 260,000 opposition fighters. Iraq is the costliest conflict overall, with as many as 308,000 dead (or 515,000 from doubling the IBC count). Syria cost 180,000 lives, Afghanistan 157,000, Yemen 90,000, and Pakistan 66,000.

Read more …

“..a psycho agent 25 times stronger than LSD..”

OPCW Manipulation Of Douma Report Requires Fresh Look At Skripal Case (MoA)

The OPCW had send blood samples from the Skripals to the Spiez laboratory in Switzerland which found BZ, a psycho agent 25 times stronger than LSD. The OPCW hid this fact in its reports. An attack with BZ on the Skripals would be consistent with the observed symptoms that bystanders had described. The Skripals were indeed hallucinating and behaved very strangly with Sergei Skipal lifting his arms up to the sky while sitting on a bench. Exposure to BZ would also explain the Skripals’ survival. The OPCW explained the BZ find by claiming that it had mixed BZ into the probe to test the laboratory. Something which it said it regularly does. At that time I still believed in the OPCW and found that explanation reasonable:

“The OPCW responded to Russian question about the BZ and high rate of A-234 in the Spiez Laboratory probe and report. OPCW said today that it was a control probe to test the laboratory. Such probes are regularly slipped under the real probes to make sure that the laboratories the OPCW uses are able to do their job and do not manipulate their results. That explanation is reasonable. I guess we can close the BZ theories and go back to food poisoning as the most likely cause of the Skripals’ illness.” In light of the OPCW management manipulation or suppression of the reports of its own specialists for the purpose of attributing the Douma incident to the Syrian government I have to change my opinion. I hereby retract my earlier acceptance of the OPCW’s explanation in the Skripal case.

As we now know that the OPCW management manipulates reports at will we can no longer accept the ‘control probe’ excuse without further explanations or evidence. Here is what seems to have happened. The OPCW did not send a control sample to Spiez to test the laboratory. It sent the original samples from the Skripals. Spiez found BZ and reported that back to the OPCW. The OPCW suppressed the Spiez results in its own reports. Somehow Russia got wind of the Spiez results and exposed the manipulation. Acceptance that the Skripals had been ‘buzzed’, not ‘novi-shocked’ is central to the Skripal case. It makes the whole Skripal case as a British operation to prevent the repatriation of Sergei Skripal to Russia much more plausible.

Read more …

They can’t even serve him with a subpoena because his staff would shield him. Time for the Queen to do the right thing. Or abdicate.

Prince Andrew Meeting With US Authorities Would Be A ‘Catch-22’ (G.)

Prince Andrew is not charged with wrongdoing but with the BBC airing an interview with Giuffre on 2 December the controversy is only likely to ramp up. [..] If Prince Andrew were lawfully served with a subpoena – be it for a grand jury, or a trial or deposition – generally speaking, he will need to comply. However, it is far more difficult to serve him outside the US. “Due to the heightened measures of security that surround the royal family, it certainly is far more difficult to walk up to a member of the royal family and serve them a subpoena as you would a private citizen,” Weinstein said. While there are rules about how to serve subpoenas on a foreign national on US soil, such as surprising them at points of entry, diplomatic immunity and his being a high-profile royal could further complicate the issue.

Rebecca Roiphe, a New York Law School professor and former assistant district attorney in Manhattan, said there could be legal risks in Prince Andrew cooperating depending on his potential involvement with Epstein’s activities. “If he was peripherally involved in that, if he has information about others, I would say absolutely any attorney would take him in to cooperate,” Roiphe said. “The problem is, if he faces serious exposure and he’s a target of that information, most attorneys would not have him explain everything he knows – it really depends.” Mary Ellen O’Toole, who was formerly an FBI profiler deeply involved in finding the Unabomber killer, said that if Prince Andrew could provide information that would further the investigation and clear him at the same time, it “probably would be very helpful to him” to come forward.

O’Toole said the utility in cooperating with authorities largely depends on how he would handle the situation and that the pitfalls of such an interview were real as being untruthful with authorities can flout laws against making false statements, leading to further legal problems stemming from the interviews themselves. “I think it would be considered an adversarial situation – I don’t know how prepared he would be,” said O’Toole, who now directs the forensic science department at George Mason University in Virginia. “Sometimes people come in and say things that get them jammed up. “It is a catch-22 situation for him,” O’Toole said.

Read more …

Hell no.

Will The Epstein Story Ever be Fully Told? (Rice)

Every person named in court documents or press reports as allegedly or possibly having sex with an underaged girl or young woman at Epstein’s bequest has denied the allegations. Which begs the question: Who’s telling the truth and who’s lying? To form an opinion on this central question, authorities would presumably need to interview anyone with possible knowledge of alleged sexual or criminal acts. Investigators could then seek information that either corroborates or impeaches each person’s account. However, evidence is growing that the protocol in a typical “he-said, she-said” investigation is not being followed in the Epstein case. Instead, authorities may have simply accepted as truth the statements of denial issued by powerful public figures.

True or not, many Americans believe the Department of “Justice” will not prosecute (perhaps even question) scores of individuals who may have broken U.S. laws and who may have been victims of a disturbing blackmail operation. Perhaps authorities have concluded it’s better to not know. Perhaps they realize if they interview one suspected “John,” they’ll have to interview every potential “John.” if this number ends up being massive, and includes a Who’s Who of our society, important illusions about society’s leaders and our system of justice could be shattered. At its core, the Epstein case will reveal whether government prosecutors and investigators possess the courage and integrity to expose sordid truths about some of the wealthiest, most-connected, powerful people in the world, and perhaps reveal embarrassing truths about our government.

Americans might soon learn what objective is more important to Justice Department officials: Protecting the rich and powerful from the consequences of their behavior, or confirming that a system of justice grounded in trust can still be trusted. Sadly, many Americans are convinced authorities will not do the right thing. However, in proving skeptics wrong, authorities would accomplish at least four objectives, all noble. They would punish the guilty. They would provide justice to victims too long ignored. They would deter future Epsteins and future “Johns,” especially those unaccustomed to being held accountable for their actions. And, perhaps most importantly, they would allow a ray of sunshine to pierce the shadow of cynicism that’s spread across our country.

Read more …

“..the “48-hour rule,” states that everyone should be given a grace period of a couple of days to retract any controversial statement they’ve made..”

“..the “20-year rule,” which states that everyone should be automatically forgiven for any mistakes they made more than two decades ago—with the exception of certain serious crimes..”

Scott Adams Has Some Ideas for a Calmer Internet (Wired)

After expressing support for Donald Trump in 2016, Dilbert creator Scott Adams estimates that he lost about 30 percent of his income and 75 percent of his friends. He says that that level of political polarization has created a climate of genuine fear. “People will come up, and they’ll usually whisper—or they’ll lower their voice, because they don’t want to be heard—and they’ll say, ‘I really like what you’re doing on your Periscope, and the stuff you’re saying about Trump,’” Adams says in Episode 389 of the Geek’s Guide to the Galaxy podcast. “They’re actually afraid to say it out loud. They literally whisper it to me in public places.” Adams blames the current climate on social media and a clickbait business model that rewards sensationalism over fact-based reporting.

Since the technology is here to stay, he says we’re going to need new societal norms to help foster a calmer, more constructive political discourse. “When society changes, every now and then you need a new rule of manners,” he says. “So for example, when cell phones were invented, you needed a new set of rules about where can you use them and can you do it in a restaurant, etc. And social media has gotten so hot, I thought maybe we need a few new rules.” He lays out two such rules in his new book, Loserthink. His first proposal, which he calls the “48-hour rule,” states that everyone should be given a grace period of a couple of days to retract any controversial statement they’ve made, no questions asked. “We live in a better world if we accept people’s clarifications and we accept their apologies, no matter whether we think—internally—it’s insincere,” he says.

His other idea is the “20-year rule,” which states that everyone should be automatically forgiven for any mistakes they made more than two decades ago—with the exception of certain serious crimes. It used to be the case that people’s thoughtless remarks and embarrassing gaffes would naturally fade into obscurity, but social media has created a situation where it’s easy to endlessly dredge up a person’s worst moments. “We’re not the same people that we were 20 years ago,” Adams says. “We’ve learned a bunch, our context has changed. If you’re doing all the right stuff, you’re getting smarter and kinder and wiser as you’re getting older. So being blamed for something you did 20 years ago is effectively being blamed for something a stranger did, because you’re just not that person anymore.”

Read more …

 

 

 

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Home Forums Debt Rattle December 1 2019

This topic contains 10 replies, has 6 voices, and was last updated by  lasttwo 1 week, 4 days ago.

Viewing 11 posts - 1 through 11 (of 11 total)
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  • #51853

    Arthur Rothstein Family leaving South Dakota drought for Oregon Jul 1936   • Fastest-Growing Debt Category In US Not Student Loans Or Credit Card
    [See the full post at: Debt Rattle December 1 2019]

    #51854

    V. Arnold
    Participant

    Arthur Rothstein Family leaving South Dakota drought for Oregon Jul 1936

    Now that’s a photograph; honest and simple! Notice the guy working under the bonnet (hood) 😉

    The rest? Honestly, I have no idea…

    #51855

    V. Arnold
    Participant

    So slow to start……………………..

    #51857

    Dr. D
    Participant

    And so we have climate migrations again today. Record cold U.K., record cold (and no kidding, brother!) in Russia.

    “Automakers Offer Record Incentives As Trillion Dollar Auto Bubble Bursts (ZH)”

    Well, we had a record number of cars, then a crash. But instead of letting the number of cars and car manufacturers fall to a reasonable level (admittedly under capitalism, a little too low, below the trendline) we bailed them all out with taxpayer money – including Harley and Toyota – and told them to go on their way. Doing what? Um, making cars? They don’t make egg cream sodas. So immediately what? We have too many cars again, we flood the market again, and oversupply has layoff and a bankrupting slump in sales again, all because you couldn’t leave it alone, you had to “help.” Thanks a lot, instead of one section of GM going bankrupt, and those machine tools being re-directed to I dunno, renewable energy inventions*, you bankrupted the whole United States and Germany instead. #Winning!

    *This is literally what happened as the only reason Tesla is even in business is they bought Toyota’s manufacturing plant at a mega-multi-billion dollar discount.

    Part II: They are wildly in debt for buying cars, but why? Because of the bailouts, car manufacturers can be totally, completely, irresponsibly unconcerned with customer’s needs. Which is a far CHEAPER car. Then how can they all buy cars that are too expensive? Because of the bailouts, BANKS can be totally, completely, irresponsibly unconcerned with customer’s needs, and lend to people regardless of if they go bankrupt, since there’s no such thing, only ME, the taxpayer, paying for everything. So the price of the cars is too high, because they’d like higher profit margins (who wouldn’t) then demand infinite regulation on safety, etc, to prevent competition and be government-protected monopolies, then raise prices 3x what any customer could possibly pay (like health care) then use infinite debt to make that even remotely plausible, while every customer slowly goes bankrupt from using their service, the one they would never in million years buy if they had any choice.

    Capitalism!!! Oh wait, I meant the OPPOSITE of capitalism, where money doesn’t allocate or account anything and bankruptcy and failure aren’t possible.

    ….Aaaaand speaking of:

    “ The Fed’s Answer to the Ghastly Monster of its Creation (E
    P)”

    Stocks can only go up and not down. Housing can only go up but not down. Profits (markups) can only go up and not down. In #AntiLogos land, we’re making a world with all ups and no downs! And we did it for you! (Us, actually. You don’t own any stocks and can never afford a house) If you think we’re bad, you should see Australia!

    That’s okay, you can fight Mother Nature. It’s not like she wins in the end or anything.

    Where do you safely bury more than 28,000 cubic meters …of deadly radioactive waste for the next million years?”

    You pay Russia whatever you have to to take it as they have a conversion reactor that will break the waste down and use it. The technology German engineers couldn’t be bothered to build. The other stuff that’s filling the reporter’s dramatic volume is low-level waste that honestly isn’t that dangerous if left in a salt mine.

    Still, nice going. Science™! 200 years after Mary Shelley, still making the exact same mistake! Because we’re geniuses in the room and you should respect my authori-tie.

    We are now working for the dark side.”

    Ah, so good to know how we’re seen around the world. The respect and love Washington himself advised in his Farewell Address.

    “...our wars have killed 801,000 directly and resulted in a multiple of that number dead indirectly..”

    This is the basis of my regular statement that the U.S> has killed over 6 Million people, innocent civilians even. Because what is a “multiple” of 800,000? And although it’s impossible to truly know, take the baseline deaths in Iraq – just for one of the dozens of nations we attack every day – and trendline that forward as if we’d never been there. How many fewer people now, with lack of births, marriages, early deaths, etc? Oh yes, I’m sure we’ve outdone the 3rd Reich in deaths, suffering and misery, it just depends how far back you want to start the clock to get the numbers. Pinochet? CIA-funded drug trafficking? Hungary, 1956? You decide. The parties have decided, and they’re all for it! It’s the Green Plan to help the planet but good, just as suggested in all those environmental white papers.

    OPCW Manipulation of Douma Report Requires Fresh Look at Skripal Case (MoA)”

    Well at least somebody’s still looking at it. After a while you give up. Ultimately, it’s easier to say what it wasn’t, and it WAS NOT Novochok. And that means the U.K. and all the papers are bald-faced liars, which is all you need to know. And WHY they all NEEDED to lie, and lie even to this day is all you need to ask as a citizen. Unlike a court, I don’t need to solve the crime to prove you did it. Yes, very likely BZ. But since that’s just as good a story, why bother fabricating the preposterous, face-palming, self-owning, Novochok story? You could just say Putin likes drugs, and slander him. You were going to anyway and never tell the truth what’s the difference?

    And of course every time we find BZ, we replace the roof of the house. Standard procedure.

    Will The Epstein Story Ever be Fully Told? (Rice)”

    Obviously not. None of us could live long enough to even watch all the tapes. It would take the government decades just to interview all the witnesses. …But they could save time when interviewing themselves, Mr. FBI/Justice.

    So we’re probably doing what all corrupt nations do: using the evidence and cases as political blackmail to get things done. Does that make them better than Epstein? Only slightly, since the push is to stop such behavior overall. However, without publicity and punishment, where’s the warning to the next guy? How does democracy get to find out what’s been going on and how recent decisions were made?

    48/20 year rule. Actually pretty good ideas, which is why I’m sure no one will use them. It’s always better to #AntiLogos as your God and never forgive anyone, then act surprised when they come for you too.

    Newsweek Reporter Fired After Peddling Fake News That Trump Golfed On Thanksgiving”

    OMG! I actually saw consequences! For the consequence-free zone. For one person on one day! Just 329 million, 999 thousand to go!

    #51858

    zerosum
    Participant

    Arthur Rothstein Family leaving South Dakota drought for Oregon Jul 1936

    Setting up the stage did not start with “the white Helmets”
    ——–
    • Tulsi Gabbard: Wake Up And Smell Our $6.4 Trillion Wars (AC)

    There must exist a cheaper way for the USA to reduce the population.

    #51859

    zerosum
    Participant

    “ Will The Epstein Story Ever be Fully Told? (Rice)”

    Yes.
    Here it is.
    The elite have got money, power and human desires.
    You are not part of the elite club.
    The elites always do what the want.
    Suck it up.

    #51860

    Dr. D
    Participant

    Do I believe my eyes? Good news breaking out in more than ones:

    Malta PM out for killing a whistleblower/reporter.
    https://www.zerohedge.com/political/malta-pm-step-down-related-car-bombing-one-woman-wikileaks-journalist

    Like me, Macron asks, “What the heck is NATO for? Who is our real enemy?”

    He says “terrorism”, of course, except he will soon designate the Gilet Jeunes and everybody he doesn’t like (Ms. LePen) as t’rrsts. Like any Mr.-unlimited-completely-open-borders-hate-our-own-culture would. But: baby steps. NATO = dumb. Russia = bulletproof from Western sanctions. U.S. = Sent home. Russia = open. Ukraine = lost. Russia = part of Europe (duh, get a map), Western (U.S.) sanctions = devastate Europe to favor the U.S. etc. Took a dozen years but the clue-by-four has finally been delivered. But don’t worry, there’ll be a “terrorist event” or something just like F-stan if peace threatens to break out.

    https://www.zerohedge.com/geopolitical/macron-tells-nato-russia-must-come-cold-war

    #51861

    zerosum
    Participant

    YESTERDAY
    I swear to tell the truth, the whole truth, and nothing but the truth, so help me god

    TODAY
    I would cast a stone except that all the liers have taken all the stones.
    I DON’T LIE. I only believe the people who agree with me. Everyone else is lying.
    Its not a sin if you don’t believe its a sin.

    #51862

    Glennda
    Participant

    Glad to see Tulsi is speaking out – truth. She has my support, though I think the DNC will manage to keep her out of the primaries. The DNC will not be able to keep Bernie out, but Elizabeth Warren may get their approval. But I vote Green Party where ever it shows up. They also called out the the ENDless WARS. Hilary really was the queen of war.

    I’ve been reading Our Finite World by Gail T. She make some excellent points about Renewable Energy, but her most important conclusion is hidden in the length of her post. That is – when a country collapses like Russia did in the 90s it’s carbon footprint (and some other resource footprints) dropped immensely. The conclusion is if a large federation like the EU or especially the neo-liberal globalization of trade breaks up that will help the Resource drain of the earth. So watching the world plunge into a world wide Depression (let’s call it what it really is) would be the saving of at least some of the earth’s resources for the future 7 generations.

    So perhaps the obvious descent of the world economy will be our best hope for the future.

    I look forward to part 2 of your essay, Raul. The news is the static showing the slow descent of it all.

    Do the World’s Energy Policies Make Sense?

    #51863

    Glennda
    Participant

    Another post of interest is a Book review by David Graeber in the NY Review of Books.

    Against Economics

    Against Economics by Davod Graeber in the Dec 5 NY Review of Books

    It’s a long essay, but the book is very long and somewhat impenetrable with lots of economic graphs. It’s a review of Skidelsky’s book- Money and Government: the Past and Future of Economics.

    David Graeber quotes: “Skidelsky drily remarks:
    There is a paradox here. On the one hand, the theory says that there is no point in trying to profit from speculation, because shares are always correctly priced and their movements cannot be predicted. But on the other hand, if investors did not try to profit, the market would not be efficient because there would be no self-correcting mechanism….
    Secondly, if shares are always correctly priced, bubbles and crises cannot be generated by the market….
    ” This attitude leached into policy: “government officials, starting with [Federal Reserve Chairman] Alan Greenspan, were unwilling to burst the bubble precisely because they were unwilling to even judge that it was a bubble.” The EMH made the identification of bubbles impossible because it ruled them out a priori.

    If there is an answer to the queen’s famous question of why no one saw the crash coming, this would be it.

    Any new, viable science will either have to draw on the accumulated knowledge of feminism, behavioral economics, psychology, and even anthropology to come up with theories based on how people actually behave, or once again embrace the notion of emergent levels of complexity—or, most likely, both.

    Intellectually, this won’t be easy. Politically, it will be even more difficult. Breaking through neoclassical economics’ lock on major institutions, and its near-theological hold over the media—not to mention all the subtle ways it has come to define our conceptions of human motivations and the horizons of human possibility—is a daunting prospect. Presumably, some kind of shock would be required. ”

    Skidelsky says ” Any new, viable science” – he still calls it a Science, when it is obvious that economics is more like sociology or anthropology, and should be looked at as a lot of varying theories.

    #51931

    lasttwo
    Participant

    In her own words
    REP. TULSI GABBARD (D-HI): That our Democratic Party, unfortunately, is not the party that is of, by, and for the people. It’s the–it is a party that has been and continues to be influenced by the foreign policy establishment in Washington represented by Hillary Clinton and others foreign policy, by the military-industrial complex and other greedy corporate interests. I’m running for president to be the Democratic nominee that rebuilds our Democratic Party, takes it out of their hands, and truly puts it in the hands of the people of this country, a party that actually hears the voices of Americans who are struggling all across this country, and puts it in the hands of veterans and fellow Americans who are calling for an end to this ongoing Bush-Clinton-Trump foreign policy doctrine of regime change wars, overthrowing dictators in other countries, needlessly sending my brothers and sisters in uniform into harm’s way to fight in wars that actually undermine our national security and have cost us thousands of American lives.

    These are wars that have cost us as American taxpayers trillions of dollars since 9/11 alone, dollars that have come out of our pockets, out of her hospitals, out of our schools, out of our infrastructure needs. As president, I will end this foreign policy, and these regime change wars, work to end this new Cold War an arms race, and instead invest our hard earned taxpayer dollars actually into it serving the needs–

    PARKER: –Thank you–
    GABBARD: –Of the American people–

    PARKER: –Thank you, Congresswoman–

    GABBARD: –Right here at home.
    Enough said.

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