Aug 262020
 
 August 26, 2020  Posted by at 9:43 am Finance Tagged with: , , , , , , , , , , ,


Willem de Kooning Gotham News 1955

 

Wisconsin Governor Declares ‘State Of Emergency’ (ZH)
Hillary Clinton Says Biden Should Not Accept Results Of The 2020 Election (ET)
US Spy Plane Enters No-Fly Zone During Chinese Live-fire Naval Drill (SCMP)
Poisoning Navalny ‘Would Not Benefit’ Moscow – Russian Foreign Ministry (RT)
San Francisco “Pent-up Supply” Turns into Record Glut of Houses & Condos (WS)
Sacrifice for Thee, Vast Wealth for Me (Ben Hunt)
Dairy And Fat Could Save Your Life (Aus.)
Assange ‘In A Lot Of Pain’ Says Partner After Prison Visit (IE)
Hob The Llama And His Alpaca Pals Take Regular Streetside Walks (Stuff)

 

 

Just spent an entire morning filled with RNC videos and Kenosha riots. Be careful with that country of yours.

 

 

US daily new cases are holding on to their downward trend. But total cases are set to pass 6 million.

 

 

 

 

 

 

 

 

 

 

Spin

 

 

When is it going to stop? Not on November 4, that’s for sure.

Wisconsin Governor Declares State Of Emergency (ZH)

Wisconsin Governor Tony Evers declared a state of emergency on Tuesday, after the second wave of violent protests that rocked the city of Kenosha and the capital of Madison, after a video of police officers shooting an African American man named Jacob Black went viral on social media. The order proclaims a state of emergency in Wisconsin, directs state agencies to continue assisting the state response, and calls to state active duty additional elements of the Wisconsin National Guard to support first responders and protect critical infrastructure and cultural institutions. Evers first called in the national guard to respond to the looting and violence on Monday, and he delivered a statement on the situation earlier today.


In order to try to signal to the public that he’s ‘doing something’, Evers earlier called for a special session for the state legislature to consider police-reform bills that will hobble law enforcement in the face of riots and unrest, and as small business owners are forced to watch in disbelief as their livelihoods are destroyed, with no authorities there to stop it. Meanwhile, a petition demanding Evers “charge the cops who killed Black” has garnered half a million signatures.

Read more …

What use are elections when nobody accepts the results?

Hillary Clinton Says Biden Should Not Accept Results Of The 2020 Election (ET)

Former first lady and 2016 Democratic candidate Hillary Clinton said Joe Biden shouldn’t concede the election because the final results of the election will likely drag out due to mail-in ballots. “Joe Biden should not concede under any circumstances because I think this is going to drag out, and eventually, I do believe he will win if we don’t give an inch and if we are as focused and relentless as the other side is,” Clinton said in an interview on Tuesday. “I think that [Republicans] have a couple of scenarios that they are looking toward. One is messing up absentee balloting. They believe that helps them so that they then get maybe a narrow advantage in the Electoral College on Election Day,” she claimed.

“So we’ve got to have a massive legal operation, and I know the Biden campaign is working on that.” She went on: “We have to have our own teams of people to counter the force of intimidation that the Republicans and Trump are going to put outside polling places,” Clinton said, urging people to become poll workers in November. And even if you do concede, always blame the Russians? President Donald Trump said Monday that mail-in voting access is a politically motivated plan hatched by Democrats. “What they’re doing is using COVID to steal an election,” Trump said at the Republican National Convention. “They’re using COVID to defraud the American people, all of our people, of a fair and free election. We can’t do that.”

“Eighty million mail-in ballots they’re working on, sending them out to people that didn’t ask for them,” Trump added. “And it’s not fair and it’s not right, and it’s not going to be possible to tabulate, in my opinion.” Some political observers have said that a winner of the presidential contest might not be declared on Election Day due to mail-in voting delays. The mail-in voting push is designed to curb the spread of the CCP (Chinese Communist Party) virus. Trump, in recent months, has criticized mail-in voting efforts, accusing Democrats of trying to steal the election. House Speaker Nancy Pelosi (D-Calif.) earlier this week asserted in an interview that Trump is trying “to scare people from voting, to intimidate them by saying he’s going to have law enforcement people at the polls.” “But ignore him,” she said, “because his purpose is to diminish the vote, to suppress the vote.”

Read more …

The laws are not crystal clear.

US Spy Plane Enters No-Fly Zone During Chinese Live-Fire Naval Drill (SCMP)

The US has sent spy planes over a live-fire Chinese military drill – including a U-2 which entered a declared no-fly zone – triggering a protest from Beijing and heightening the risk of an armed conflict. The development followed weeks of increased US activity in the region, with numerous military jets and vessels deployed to keep a close watch on Chinese activity. The Beijing-based think tank South China Sea Probing Initiative said a US air force reconnaissance aircraft RC-135S flew across the South China Sea on Wednesday, during the Chinese military drill. But it said it appeared the plane was on a transfer, rather than a reconnaissance mission.

Chinese defence ministry spokesman Wu Qian said a U-2 reconnaissance jet flew without permission over the no-fly zone in the PLA’s northern military region, where the live fire drills were taking place. “It seriously interfered in normal exercise activities. It seriously violated the code of safe behaviour for air and sea between China and the US and international norms. It easily leads to misjudgment, or could even cause accidents in the sea and air,” Wu said. “The move was an obvious provocation. China firmly opposes such provocative actions and has lodged solemn representations with the US side.”

A source close to the Chinese military said the U-2 high-altitude reconnaissance aircraft came from a military base in South Korea, and flew over the Bohai Gulf where China’s aircraft carrier the Shandong was taking part in the exercise. China’s Maritime Safety Administration said live-fire exercises were being conducted in waters off the country’s northeastern coast, stretching from the Bohai Gulf to the Yellow Sea. In a statement, the US military said the U-2’s flight was “within the accepted international rules and regulations governing aircraft flights” and that Pacific air force personnel would “continue to fly and operate anywhere international law allows, at the time and tempo of our choosing”.

Read more …

Navalny is important only for the Russiagaters.

Poisoning Navalny ‘Would Not Benefit’ Moscow – Russian Foreign Ministry (RT)

Moscow does not stand to benefit from the alleged poisoning of anti-corruption activist Alexey Navalny, the Russian Foreign Ministry has said, noting the haste with which Western media and governments made the insinuation. The ministry issued a statement on Tuesday evening, following a meeting between Russian Foreign Minister Sergey Lavrov and US Deputy Secretary of State Stephen Biegun, during which the subject of Navalny was raised, among other issues. Lavrov pointed out the “suspicious haste” with which the narrative about Navalny’s alleged poisoning was picked up in Washington and Brussels and instantly compared to the “poisonings” of Alexander Litvinenko and the Skripals – which were blamed on Moscow before any investigations happened.

The question inevitably arises – who benefits from it? The Russian leadership clearly does not. The ministry added that accusations of a ‘cover-up’ made against the Russian doctors who first treated Navalny were untrue. “We consider deeply offensive the accusations of ‘covering up the truth’, directed from some Western capitals to the doctors in Omsk, who immediately rendered highly professional aid” to Navalny, the ministry said. “They gave the patient’s complete medical history to the team of German doctors,” the statement continued. “We hope that the German doctors will show the same professional approach and will not allow the results of their laboratory tests to be used for politicized purposes.”

[..] The European Union has already called for a “comprehensive investigation” of Navalny’s alleged poisoning. US Secretary of State Mike Pompeo seconded that on Tuesday, saying that “Navalny’s family and the Russian people deserve to see a full and transparent investigation carried out, and for those involved to be held accountable.” Dmitry Peskov, spokesman for Russian President Vladimir Putin, told reporters the German doctors were “rushing” to use the term poisoning, and that an investigation was premature. “There must be a reason for an investigation. At the moment, all you and I see is that the patient is in a coma,” Peskov told reporters. He added that any suggestions Putin was involved in Navalny’s condition were “hot air” and the Kremlin would not take them seriously.

Read more …

The most distorted market around these days?!

San Francisco “Pent-up Supply” Turns into Record Glut of Houses & Condos (WS)

We’re going to look at San Francisco’s housing market in two ways: The Case-Shiller Home Price Index released today, which lags months behind but provides good price-movement data for houses and condos; and near-real-time indicators. First the near-real-time indicators: “Active listings” in San Francisco skyrocketed by 137% year-over-year to 1,995 homes for sale in the week ended August 16, based on weekly data compiled by real-estate brokerage Redfin, from Multiple Listing Service (MLS) and Redfin’s own data. This is the biggest highest most stunning amount of inventory for sale since the very peak of Housing Bust 1 (chart via Redfin):

Note the normal seasonal surge in active listings after Labor Day through late October. But halfway into August, normally a slow time of the year when supply declines, supply instead exploded. This was “pent-up supply” that is now suddenly coming on the market. Redfin’s data set doesn’t go back to Housing Bust 1. But according to MLS data, the number of homes for sale in August now exceeds the peaks in August 2009 and August 2010 by about 10%, according to local real-estate site SocketSite. The number of condos for sale (1,160 condos, based on MLS data, net of all new sales and contract activity) is up by 230% from a year ago; and the number of single family houses for sale (390 houses) is up 110%. New listings jumped 124% from a year ago to 260 in the week ended August 16, according to Redfin data (chart via Redfin):

Read more …

How capitalism killed itself.

Sacrifice for Thee, Vast Wealth for Me (Ben Hunt)

Doug Parker, American Airlines CEO and Chairman of the Board, wrote a letter to his employees today that pretty much defines high-functioning sociopathy. [..] “Dear fellow team members, We respect and greatly appreciate the sacrifice these team members have made, and continue to make, for American and their fellow team members. Even with those sacrifices, approximately 19,000 of our team members will be involuntarily furloughed or separated from the company on Oct. 1.” [..] Know who’s not sweating the October 1 firing line? Know who’s surviving and thriving just fine, thank you very much? Doug Parker, that’s who.

Here are some fun facts about Doug Parker and his “leadership” of American Airlines since he became Chairman and CEO of the company in 2013, after its merger with US Airways. All of this (and more) can be found in a long note I wrote on the airline bailout back in March. From 2014 through 2019, Doug Parker pocketed more than $150 million in cash through his sale of 3.6 million shares in American Airlines. That’s in addition to the $50 million in stock he still owns (and net of the pittance that Doug has paid for all of these shares). That’s in addition to the $100+ million in cash salary and cash bonuses and deferred comp and stock options and incredible perks that Doug has received. Nope, cash comp and deferred comp are for suckers. Just ask Jamie Dimon.

These stock sales were particularly egregious in 2015 – 2016, where for a twelve month period Doug pocketed between $4 million and $11 million in stock sales per month, and again in 2018, when for a brief shining moment American Airline’s stock price went above $50. Wouldn’t you know it, Doug just happened to choose that moment to sell 437,000 shares of stock, more than twice as much stock as he had ever sold before and almost 5x the usual size of his stock sales. But surely, compensation like this is well earned. Surely, American Airlines has outperformed its competition, built a solid franchise, and delivered nice returns to its investors. LOL. Don’t call me Shirley. From 2014 – 2019, the same years that CEO and Chairman Doug pocketed $200 million in real money stock-based comp, American Airlines had *negative* free cash flow of $3.2 billion. And took on an additional $14 billion in debt. And bought back $13 billion of its stock.

Read more …

Go keto.

Dairy And Fat Could Save Your Life (Aus.)

You probably didn’t see that, a couple of weeks ago, a respected US scientific publication — the Journal Of the American College of Cardiology, no less — came out with a review of the literature saying there was no evidence that cutting saturated fats from your diet would help you live longer. And that eating more of the much-libelled lipids — found most abundantly in red meat and dairy — might help you avoid stroke. That you didn’t read about it is no surprise. It is one in a long list of trials, studies, reviews and meta-analyses that have found similar results and gone the same way — sunk without trace, ignored by the people who create our dietary guidelines.

This issue was brought into focus last month when eye surgeon Dr James Muecke, 2020’s Australian of the Year, wrote in the Canberra Times: “A flawed dietary guideline, which we have obediently and blindly followed for 40 years, is literally killing us. We’ve been encouraged to eat less fat and consume more carbs and yet we’ve never been fatter, our teeth never more rotten, and type 2 diabetes and its complications never more prevalent.” So what is Muecke talking about? Surely fat is bad, and saturated fat is worse. The JACC paper listed some of the recent papers to contradict these dietary certainties. There was the PURE (Prospective Urban Rural Epidemiological) study of 135,000 people from 18 countries on five continents.

It found that increased consumption of all types of fat (saturated, mono-unsaturated and polyunsaturated) was associated with lower risk of death and had a neutral association with CVD. By contrast, a diet high in carbohydrate was associated with higher risk of death. And those who ate the most saturated fat had lower risk of stroke, “consistent with the results from meta-analyses of previous cohort studies”. A newly-published study of 195,658 Brits over 10.6 years found “no evidence that saturated fat intake was associated with cardiovascular disease. In contrast, the substitution of polyunsaturated for saturated fat was associated with higher CVD risk.”

These are examples of epidemiology which can only prove associations, not causation. For that you need randomised trials, which are expensive and difficult. There have only ever been eight of them into the question of whether saturated fat will cause heart disease. The authors of the JACC paper looked at the six most recent systematic reviews and meta-analyses of those randomised trials. They wrote that the “results showed that replacing saturated fat with polyunsaturated fat has no significant effect on coronary outcomes or on total mortality.”

Read more …

Hasn’t seen his own kids in 6 months.

Assange ‘In A Lot Of Pain’ Says Partner After Prison Visit (IE)

Julian Assange’s partner has visited him in prison for the first time in almost six months, and said he looked much thinner than last time she saw him. Stella Moris took the couple’s two young children to meet their father, who is being held in Belmarsh Prison in south-east London, awaiting an extradition hearing on behalf of the United States government. Ms Moris and the WikiLeaks founder had to wear face masks and visors for the 20-minute meeting and were not allowed to touch each other. She told the PA news agency it was “incredibly stressful” but expressed relief at being able to visit him for the first time since March 22.

“We had to keep social distancing and Julian was told he would have to self-isolate for two weeks if he touched the children. “Julian said it was the first time he had been given a mask because things are very different behind the doors. “I could not see him very clearly because of the visors, but he looked a lot thinner. “He was wearing a yellow armband to indicate his level of prisoner status, and you could see how thin his arms were. “At least he got to see the children, even though he couldn’t touch them. The children were both calm – we all remained seated the whole time.”

[..] Gabriel, aged three, showed Assange how he could recite the alphabet and count, said his mother. Ms Moris said her partner is still suffering from a frozen shoulder, and had recently sprained his ankle. [..] “He is in a lot of pain,” she added. Ms Moris expressed concern about Covid-related health measures as Assange is transported to and from the court every day. She added that he has not had a face-to-face meeting with his legal team since lockdown began in March and only has limited access to the huge amount of paperwork generated by the case.

Read more …

Just a few old friends. Hob gives you the feeling he’s looking down on you even if you’re taller than him. He’s one cool dude.

Hob The Llama And His Alpaca Pals Take Regular Streetside Walks (Stuff)

Downtown Wellington might have Mittens, frolicking orca and a whale called Matariki – but one city suburb has a social-working llama on its Main St. Previously, Tawa was known for its women’s prison, a hedge crafted into the word ‘Tawa’ and its many churches. Now Stephen Mulholland, owner of Alpacas Rampant, has been taking his llama Hob for walks on a leash along Main St in the suburb – delighting and surprising locals. Mulholland said Hob, 14, a “laconic llama”, was brought in to keep his male alpacas in line. The naturally larger llama took the top spot in the pecking order, and prevented fighting. “When you have these testosterone-filled males, they can fight to the death … it keeps everything cruisy.”


Ross Giblin

Mulholland said he regularly takes Hob, “an exceptionally tolerant llama” for walks along Tawa’s Main St. The llama helped out with SPCA street appeals in the past, and has even worked with prison inmates, Mulholland said. “Hob the llama has actually been to Rimutaka Prison. He’s been places, done things.” Mulholland said one of the things he discovered walking his llama is that “a certain percentage of the population“ has no perception of their environment. “They walk right by a llama and don’t even notice. It does happen. I’m like, ‘how could you miss that?’.” But mostly he discovers people are truly delighted to see an out-of-the-ordinary animal trotting down the pavement. “I’ll take an hour in downtown Tawa and a lot of people will say ‘this has made my day’ … for a tiny amount of effort on my part, if I can make the day for a couple of dozen people, then that’s made Tawa, Wellington, a better place.”


Ross Giblin

Read more …

 

 

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Home Forums Debt Rattle August 26 2020

This topic contains 23 replies, has 12 voices, and was last updated by  V. Arnold 1 month ago.

Viewing 24 posts - 1 through 24 (of 24 total)
  • Author
    Posts
  • #62583

    Willem de Kooning Gotham News 1955   • Wisconsin Governor Declares ‘State Of Emergency’ (ZH) • Hillary Clinton Says Biden Should Not Accept Resul
    [See the full post at: Debt Rattle August 26 2020]

    #62585

    V. Arnold
    Participant

    Hob and Hobbes; what could be better?

    #62586

    ByronBishop
    Participant

    American politics amuses/interests me becasue their political system is so different from our Canadian one – a “Westminster” parliamentary system similar in principle to that of New Zealand and Australia.

    One of the features of our system is that when the government changes, so also do so many of the Members of Parliament. And the ones that retain their seats find that they have almost no power or influence relative to what they had while in government. Accordingly, the surviving MP’s tend to retire from public life unless they are exceptionally ambitious and are prepared to wait 5 or 6 years to regain power.

    As a result of this and other features our Prime Ministers and Leaders of the other parties tend to be very young. In Canada, almost all are in their 40’s, and their hold on power is fleeting (relative to Mr Mitch McConnell or Ms Nancy Pelosi, for example). Didn’t New Zealand’s PM have a baby recently? Our Conservative Party just elected a new leader and his two children are still in school.

    Our leaders tend not to be sclerotic. I don’t think any of them are sundowning quite yet. And the turnover ensures that there are fresh ideas always bubbling along. America’s leaders are all well into their 70’s, or 80’s. Our Supreme Court judges retire at age 75, and more and more of them are retiring before that so they can have a life with their grandchildren.

    It’s just that Canadian politicians do not have a lock on power the way the old Trump / Biden / Pelosi / McConnell / Clinton cabal do. I wonder if term limits would help fix that? The wisdom of the elderly reaches a world of diminishing returns in one’s 60’s, I think.

    #62587

    zerosum
    Participant

    How capitalism killed itself works.

    • Sacrifice for Thee, Vast Wealth for Me (Ben Hunt)

    Example:
    Doug Parker, American Airlines CEO
    ——

    “The wisdom of the elderly reaches a world of diminishing returns in one’s 60’s,…”

    Books have been written. Still more books will be written.
    Nothing changes. Best sellers are presently being written.
    (Biden,Trump, and Pelosi, Clinton)

    #62588

    zerosum
    Participant

    https://www.zerohedge.com/political/uk-govt-scientist-admits-lockdown-was-monumental-mistake-global-scale

    UK Govt Scientist Admits Lockdown Was A “Monumental Mistake On A Global Scale”

    UK Government Scientist Admits Lockdown Was a “Monumental Mistake on a Global Scale”


    CORONAVIRUSUK Government Scientist Admits Lockdown Was a “Monumental Mistake on a Global Scale”
    “The cure was worse than the disease.”

    Published 1 day ago on 24 August, 2020Paul Joseph Watson

    However, some people disagree.

    The systems were already crashing and the lockdowns were only the smokescreens used by the rich and powerful peoples to escape their bad decissions without loosing their personal wealth and power.

    #62589

    Mr. House
    Participant

    “Nothing changes.”

    I actually disagree with this. Things will change, just not for the better. The rethoric we hear now about enemies of the state and not accepting election results suggest to me the game is getting serious. I support neither side, but we’re being setup to take the fall. With the new powers that government has taken upon itself (putting whoever they want out of business, the continuing demonization of cash, the frenzy i see most people in either in regards to trump or the virus) I think change is coming. You’re just not going to like it. Like Ben Hunts article title you cited, its going to be more for me (nancy donald that class of people) and less for thee.

    #62590

    zerosum
    Participant

    “Nothing changes.”

    You are right.
    Its all changing.
    I was being too specific.

    #62591

    zerosum
    Participant

    “Laura” is on its way and could tip the scale on “changes”

    #62592

    Mr. House
    Participant

    “However, some people disagree.

    The systems were already crashing and the lockdowns were only the smokescreens used by the rich and powerful peoples to escape their bad decissions without loosing their personal wealth and power.”

    This i agree with fully. I wonder if those who pointed out a potential negative future when the nazi’s first road in got the same treatment as people who point out trump is only a symptom or that we weren’t acting rationally this past spring.

    #62593

    Mister Roboto
    Participant

    I expect the next three months to be…. https://www.youtube.com/watch?v=krD4hdGvGHM

    #62594

    zerosum
    Participant

    Check out a cool web page
    https://www.spaceweather.com/

    Near Earth Asteroids
    On August 26, 2020 there were 2037 potentially hazardous asteroids.
    Click on
    2011 ES4
    2020-Sep-01
    0.3 LD
    to get a visual of the orbit with earth

    #62595

    lasttwo
    Participant

    I want to thank Raul for many years of the best news blog on the internet. I would also like to thank the contributors for the comments I have enjoyed reading and occasionally joining. I find that at this point, after taking a few days off, that knowing something is horribly wrong but being unable to do anything about is a road to stress and depression, My wife and I have donated money and signed literally hundreds of petitions for little if any impact. American government (both sides) is lost in a stew of perverts and addicts(greed) hate and war mongering and division. Nothing will change. The rich will not let it, not in whats left of my life time. So I am buying a Canadian guitar and setting down my Chinese laptop. I’ll sing protest songs to the wind and I am quite sure the effect will be the same. Take care all and stay safe.

    #62596

    Mister Roboto
    Participant

    @lasttwo: Yeah, pretty much. At least you’ll have more fun playing your guitar and singing songs. 🙂

    #62598

    Mr. House
    Participant

    “stress and depression”

    That is called responsibility. Just make sure when you sing your protest songs you’re pointing the finger where it deserves to be pointed. Knowing who is responsible for our current mess and who should pay for it and directing the energy we are witnessing currently within “society” is important and power in itself. Don’t be another person buying into the class divide.

    #62599

    Mr. House
    Participant

    And by class divide i mean Jamie Dimon and some suits at JP Morgan taking a knee in front of an empty vault. Democrat, republican, they’re all guilty. Keep the light on them bright and hot.

    #62600

    John Day
    Participant

    @lasttwo: Grow vegetables, too, Mate! We’ll wait fer ya’.
    @Sumac.Carol: Look at yesterday’s reply to your reply to my reply to your reply…
    Oh, my…

    #62601

    tony smyth
    Participant

    “The cure is worse than the disease”? Tosh. I live in Tokyo, 16 million are in the central part of the city in working hours. The Population of the entire South Kanto region is 38.5 million. We have an aging society, lots of old people. Know how many new cases of Corona there were yesterday? 296. Thats it, for such a huge and mostly mobile population. All you have to do is have everyone wear masks, and wash your hands often. Its that simple. OK, there are some restrictions – yoga class has 18 members instead of 40, large meetings like concerts arent allowed, tourism from abroad is a no-no, but life goes on. People still work, life goes on. This can be handled well with a bit of common sense. OR you can have Texas, Brazil, India etc.

    #62602

    Susmarie108
    Participant

    As the BIG things continue to spiral out of control, it’s the small things that provide a path forward. Hobs and his family wondering around town and spreading joy is a beautiful example. I can find a few hours a day to engage in something nice, you?

    The whole CEO “value proposition” stock strip mining compensation operation started ramping up in the late 90’s. No accountability or responsibility ever taken for results/outcomes under their “leadership”. This is one of the many ways capitalism is killing itself.

    A President/CEO in today’s headlines:
    Jerry Falwell, Jr., the former president of Liberty University, will receive a $10.5 million compensation package. Former Liberty University professor Karen Swallow Prior told CNN Tuesday she’s grateful that Falwell is gone and the school can move forward. “There have been red flags for a long time,” she said about Falwell’s tenure. “The kind of arrogance and authoritarian leadership that we experienced as faculty was really just a symptom of this lifestyle that obviously was one in which he thought that he could do anything and get away with it.”

    Job well done Jerry and Board of Directors! And yeah American Airlines executive leadership team!!

    Cutting myself off…out the door to share some joy in my small town.

    #62603

    Mr. House
    Participant

    @ Tony Smyth

    How many people do you think need to attend a yoga class for them to make money? What i see are that the foolish, who didn’t understand what 2008 meant, and opened a business or bought a house, are being massacred. They’re left holding the bag once again, last time it was homeowners, now its small biz owners. The credit is flowing at the top, the ladder has been pulled up. Lots of people are going to lose their biz. The reaction to this has been proportionately out of league compared to the action we’ve actually observed on the ground eight months later. When something feels like its being driven, like most of our current “manias” i ask cui bono? The financial problems began long before covid arrived on the scene. And if you look at the timeline, the financial problems were the first thing taken care of, even before lock downs interest rates went to zero and massive money printing began. Read that article written by Ben Hunt, look at the picture of the CEO. Those are the people who are running this country, He’s just not wearing a mask or even trying to hide what he is doing, which is essentially exhortation. What makes you think the leaders from any other industry are any different? From what i’ve witnessed the last 12 years and especially the last four, they aren’t. Why do you trust them? Why do you cling to it?

    #62604

    John Day
    Participant

    It’s hard to know what to excerpt from today’s collection…
    https://www.johndayblog.com/2020/08/nightmare-spreads.html

    Don’t Trust The Medical or Security Establishment, RFK Jr. Particularly watch 4:00 to 12:45 as he discusses the assassinations of his father and his uncle. There is alot about vaccine toxicity and chronic lifetime conditions, including autism, after that RFK Jr is a friend and advocate of science, but the science does not say what big pharma says it says, or their spokesdog Tony Fauci says. It doesn’t have to. Congress exempted them from liability 3 decades ago. Fact-free-profits. Thanks Eleni.

    “We Are Entering Into A War Period” – Catherine Austin Fitts Warns “Nothing Will Ever Be The Same” We are in the process that I would recall is a global reset. The entire financial system is being reset. There are two aspects of this: One is extending the old system, and the other is bringing in the new system. It’s very much being done on the fly by trial and error, but the new system is 100% digital.” The new system, according to Fitts, will be a top down control system where “tyranny” will be the key feature. Fitts predicts, “If you look at the tyranny they are working on delivering, I don’t think most people realize how hideous some of their plans are. So, the tyranny that’s coming and the printing that’s coming is greater than anything we have seen so far…
    “https://www.zerohedge.com/geopolitical/we-are-entering-war-period-austin-fitts-warns-nothing-will-ever-be-same

    It has been hard to find factual, complete, and even handed reporting of this important story. “The Wobblies” provide that, here. Protests erupted in Kenosha, Wisconsin Sunday night after a still unidentified Kenosha police officer shot an unarmed African-American father of three, 29-year-old Jacob Blake, in the back seven times at point-blank range. Blake was attempting to enter his vehicle where his children, aged three, five and eight, were seated in the back. The video, which has been viewed millions of times across multiple social media platforms in less than 24 hours, uncorked a geyser of social anger in Kenosha and across the country as protesters took to the streets in opposition to unending police brutality… The Wisconsin Department of Justice Division of Criminal Investigation released a statement within hours of Blake’s shooting declaring that the agency will be leading the investigation into the shooting with the aim of providing “a report of the incident to the prosecutor within 30 days,” after which the prosecutor will make a determination “about what charges, if any, are appropriate.” Two unidentified Kenosha police officers have been placed on administrative leave, pending the results of the investigation, which will rely on witness statements and social media video footage… Witnesses and Blake’s attorney, Benjamin Crump, attest that Blake, who works as a security guard, was breaking up a fight between two adult women. Stella London, who lives in the neighborhood with her daughters, thought the incident began over a scratched car and that once the police showed up, they just “assumed” Blake was the problem, she recalled to the Washington Post. La-Ron Franklin, speaking to ABC7, said she witnessed “some girls fighting.” Franklin then saw “a gentleman breaking up the fight. When he was turning to get his kids, the officer shot this man seven times.” Blake’s fiancée, Laquisha Booke, told ABC7 that Blake was unarmed. “That don’t make no sense to treat somebody like that, who is not armed, with the kids in the back screaming,” she said. Following the shooting, a crowd quickly gathered around the officers, who were forced to retreat in the face of hundreds of people as they marched towards the local police station, demanding that the shooter be arrested. Upon arriving at the police station, a multiracial group of protesters, including women and children, were ordered to disperse and then met with a fusillade of rubber bullets and tear gas. Police attempted to use garbage trucks to block the protesters’ path. However, as night fell, the trucks were set ablaze, as angry demonstrators remained on the streets outside the Kenosha County Public Safety building, filling the night with cries of “No justice, no peace.” Hundreds of protesters continued to remain in the streets, defying the hastily imposed 10:15 p.m. Sunday night curfew. In response, SWAT teams as well as riot police and an urban assault vehicle were deployed in an attempt to enforce the curfew, with police firing tear gas and rubber bullets at marchers well past 1 a.m.
    https://www.wsws.org/en/articles/2020/08/25/keno-a25.html

    This seems likely, too: “This Isn’t The Kenosha I Know” – Local Law Enforcement Believe Rioters Fueling Wisconsin Violence Travel From Chicago https://www.zerohedge.com/political/kenosha-law-enforcement-believe-rioters-fueling-violence-travel-chicago After Nancy Pelosi referred to Republicans as “enemies of the state”. The power elites are really fighting between factions we cannot even see, and whoever concedes will likely lose power and money.“Joe Biden should not concede under any circumstances because I think this is going to drag out, and eventually, I do believe he will win if we don’t give an inch and if we are as focused and relentless as the other side is,” Clinton said in an interview.
    https://www.zerohedge.com/political/hillary-clinton-says-biden-should-not-accept-results-2020-election

    How Nations Collapse: Disunity, Charles Hugh Smith Though many blame Donald Trump for dividing the nation, the nation was already disunited. Trump’s election simply added day-glo paint to the lines that had long been hardening between disunited, disaffected camps. As I’ve explained over the years, disunity is the systemic source of collapse– not just of nations and empires but of enterprises and families. In other words, disunity is scale invariant: it breaks down marriages, family fortunes, partnerships, corporations, nations and empires with the same dynamics. When challenges arise–and challenges always arise–the unified family, enterprise, nation or empire can make the shared sacrifices necessary to meet the crisis head-on, and not just survive, but as befits an anti-fragile system (as per Nassim Taleb’s definition of anti-fragility), become stronger as a result of adapting to the crisis. The family, enterprise, nation or empire fragmented by profound disunity is incapable of not just shared sacrifices but of a shared consensus on how to proceed against challenges such as famine, pandemic and economic depression. It is the nature of human existence that shared sacrifice is the glue that binds disparate individuals and groups into a unified and thus powerful entity. http://charleshughsmith.blogspot.com/2020/08/how-nations-collapse-disunity.html

    Senators Ron Johnson (R-Wis.), Ted Cruz (R-Texas), and Mike Lee (R-Utah) sent a letter to FDA Commissioner Stephen Hahn explicitly asking about the agency’s handling of information regarding the drug and its use during the pandemic. Doctors and researchers advocating for hydroxychloroquine are recommending it be used in high-risk outpatients. In the letter to Hahn, the senators are asking about specific actions the agency has taken regarding hydroxychloroquine. The current FDA guidance is that it should not be used outside the hospital setting for COVID-19, and the Emergency Use Authorization (EUA) has been withdrawn. Given the safety profile of the medication and the fact it is used daily on an outpatient basis around the world for malaria prevention, malaria treatment, rheumatoid arthritis, and lupus, this guidance is ridiculous on its face.
    https://pjmedia.com/news-and-politics/stacey-lennox/2020/08/24/the-fda-gets-tough-questions-about-hydroxychloroquine-from-republican-senators-n829877

    No-Green, no-brain… The study, published in the journal Plos Medicine, used satellite images to measure the level of greenness in neighbourhoods, including parks, gardens, street trees and all other vegetation. The average IQ score was 105 but the scientists found 4% of children in areas with low levels of greenery scored below 80, while no children scored below 80 in areas with more greenery. The benefits of more greenery that were recorded in urban areas were not replicated in suburban or rural areas. Nawrot suggested this may be because those places had enough greenness for all children living there to benefit. https://www.theguardian.com/environment/2020/aug/24/children-raised-greener-areas-higher-iq-study

    #62605

    I love that sat-fat article! It’s nice to know in retrospect what a healthy diet I have had all along.
    Hillary needs to go suck a synthetic, cholesterol-free egg. Why won’t she go away?

    #62607

    Mr. House
    Participant

    “Hillary needs to go suck a synthetic, cholesterol-free egg. Why won’t she go away?”

    The same reason she’s not in jail, power. The Clintons need to be involved in government somehow, otherwise how would you launder bribes for favors in your foundation?

    #62608

    ezlxa1949
    Participant

    As a result of this and other features our Prime Ministers and Leaders of the other parties tend to be very young.

    Maybe so, but the flip side is that the politicians tend to have no breadth of life experience. Too many of them are lawyers who know nothing about their portfolios. They tend to arise from the wealthy ranks of society and do not understand what real people endure in life. They have a naive faith and a huge investment in the status quo. They have done well for themselves in life, so anyone who is doing it tough has only himself to blame for being lazy, indolent and lacking enterprise. All benefits should be removed because that only encourages indolence and dependence.

    The party political system has failed. The only roll of the dice left is sortition, which of course the ruling classes will oppose fiercely.

    #62609

    V. Arnold
    Participant

    The party political system has failed. The only roll of the dice left is sortition, which of course the ruling classes will oppose fiercely.

    Thanks for that new word (for me) sortition; and I agree…

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