Mar 082022
 March 8, 2022  Posted by at 9:22 am Finance Tagged with: , , , , , , , , , , ,

Jean-François Millet The Gleaners 1857


The Biggest Global Food Crisis That Any Of Us Have Ever Seen (Snyder)
The American Empire Self-Destructs (Michael Hudson)
Pity the Nation (Scott Ritter)
A Proposed Solution to the Ukraine War (Mello)
US Secretary Of Defense Orders 500 Additional Us Troops Deploy To Europe (CNN)
Ukraine Fighter-jet Deal Appears Doomed (Axios)
Blinken Invokes Putin’s Dead Brother (ABC)
Ukraine’s Top Negotiator Says Kiev Open to ‘Non-NATO Models’ (Antiwar)
Nowhere Left to Hide (Kunstler)
Australia Targets Hardcore Putin Extremists Spreading Hate About Ukraine (DM)
Florida Department of Health to Advise Against COVID Vax for Healthy Kids (NW)
Leaders Who Got Covid Wrong Must Admit It And Apologize (NYP)
From Sore Arms To Sudden Death (Eugyp)
Los Angeles Suing Monsanto For Chemicals In Waterways (Y!)



“And yet the rage that one felt was an abstract, undirected emotion which could be switched from one object to another like the flame of a blowlamp.”
– George Orwell, 1984





Biden 1997



Nickel price

Spain electricity prices






Famines loom.

The Biggest Global Food Crisis That Any Of Us Have Ever Seen (Snyder)

By the end of 2022, we are going to witness very serious shortages of food in many parts of the globe. In fact, World Bank President David Malpass is openly admitting that we are now facing “a huge supply shock” as a result of the war in Ukraine. Of course we were already moving into a global food crisis even before the war erupted. According to the UN, worldwide food prices in February 2022 were 20.7 percent higher than they were in February 2021, fertilizer prices have gone absolutely nuts, crop production is down all over the planet due to crazy weather patterns, and supply chain problems caused by the pandemic continue to create ongoing headaches. But now World War 3 has erupted, and that is going to push this rapidly growing global food crisis to a level that none of us have ever seen before.

Under normal conditions, Ukraine exports tremendous amounts of food and is considered to be one of the most important “breadbaskets” on the entire planet. Unfortunately, everything has changed now, and this has pushed the global price of wheat up 55 percent since a week before the invasion happened… “Ukrainian farmers have been forced to neglect their fields as millions flee, fight or try to stay alive. Ports are shut down that send wheat and other food staples worldwide to be made into bread, noodles and animal feed. And there are worries Russia, another agricultural powerhouse, could have its grain exports upended by Western sanctions. While there have not yet been global disruptions to wheat supplies, prices have surged 55% since a week before the invasion amid concerns about what could happen next. If the war is prolonged, countries that rely on affordable wheat exports from Ukraine could face shortages starting in July, International Grains Council director Arnaud Petit told The Associated Press.”

I really don’t like that “shortages starting in July” part. That definitely sounds rather ominous. Right now, the global price of food is the highest that it has ever been, and Russia and Ukraine normally account for “nearly a third of the world’s wheat and barley exports”. Now that exports from Russia will be greatly reduced and exports from Ukraine will be virtually non-existent, some countries will almost immediately be facing extreme stress. [..] Things are going to be very challenging in Europe as well, because Ukraine normally provides almost 60 percent of the corn that Europeans use… “Ukraine supplies the EU with just under 60% of its corn and nearly half of a key component in the grains needed to feed livestock.” Meanwhile, crops all over the world are in surprisingly poor shape because weather conditions have been so strange.

Earlier today, I was stunned to learn that it is being projected that China’s winter wheat crop could be “the worst in history”… “The condition of China’s winter wheat crop could be the “worst in history”, the agriculture minister said on Saturday, raising concerns about grain supplies in the world’s biggest wheat consumer.” And the USDA is reporting that a whopping 71 percent of all winter wheat in the United States has been affected by drought… “A limited supply of soft white wheat, the primary type of wheat grown in the Inland Northwest, has helped lead to a six-year low for wheat exports from the United States. That’s according to the USDA wheat report for February. The report also states that 71 percent of U.S. winter wheat is being hit by drought in 2022.”

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“But nobody thought that it would happen this fast.”

The American Empire Self-Destructs (Michael Hudson)

Empires often follow the course of a Greek tragedy, bringing about precisely the fate that they sought to avoid. That certainly is the case with the American Empire as it dismantles itself in not-so-slow motion. The basic assumption of economic and diplomatic forecasting is that every country will act in its own self-interest. Such reasoning is of no help in today’s world. Observers across the political spectrum are using phrases like “shooting themselves in their own foot” to describe U.S. diplomatic confrontation with Russia and allies alike. For more than a generation the most prominent U.S. diplomats have warned about what they thought would represent the ultimate external threat: an alliance of Russia and China dominating Eurasia. America’s economic sanctions and military confrontation has driven them together, and is driving other countries into their emerging Eurasian orbit.

American economic and financial power was expected to avert this fate. During the half-century since the United States went off gold in 1971, the world’s central banks have operated on the Dollar Standard, holding their international monetary reserves in the form of U.S. Treasury securities, U.S. bank deposits and U.S. stocks and bonds. The resulting Treasury-bill Standard has enabled America to finance its foreign military spending and investment takeover of other countries simply by creating dollar IOUs. U.S. balance-of-payments deficits end up in the central banks of payments-surplus countries as their reserves, while Global South debtors need dollars to pay their bondholders and conduct their foreign trade. This monetary privilege – dollar seignorage – has enabled U.S. diplomacy to impose neoliberal policies on the rest of the world, without having to use much military force of its own except to grab Near Eastern oil.

The recent escalation U.S. sanctions blocking Europe, Asia and other countries from trade and investment with Russia, Iran and China has imposed enormous opportunity costs – the cost of lost opportunities – on U.S. allies. And the recent confiscation of the gold and foreign reserves of Venezuela, Afghanistan and now Russia, along the targeted grabbing of bank accounts of wealthy foreigners (hoping to win their hearts and minds, along with recovery of their sequestered accounts), has ended the idea that dollar holdings or those in its sterling and euro NATO satellites are a safe investment haven when world economic conditions become shaky. So I am somewhat chagrined as I watch the speed at which this U.S.-centered financialized system has de-dollarized over the span of just a year or two.

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“..the soul of a nation that once was defined by the life and works of Dostoevsky, Tolstoy, Gorky, Lenin, Stalin, Sakharov, and Gorbachev was distilled into a shallow caricature of one man — Putin..”

Pity the Nation (Scott Ritter)

In the past few months, the United States has undergone a kind of transformation that one only reads about in history books — from a nation which imperfectly, yet stolidly, embraced the promise, if not principle, of freedom, especially when it came to that most basic of rights — the freedom of expression. Democracies live and die on the ability of an informed citizenry to engage in open debate, dialogue and discussion about difficult issues. Freedom of speech is one of the touch-stone tenets of American democracy — the idea that, no matter how out of step with mainstream society one’s beliefs might be, the retained right to freely express opinions thus derived without fear of censorship or repression existed. No more.

In the aftermath of the Russian invasion of Ukraine, the Russophobia which had taken grip in the United States since Russia’s first post-Cold War president, Boris Yeltsin, handed the reins of power over to his hand-picked successor, Vladimir Putin, has emerged much like the putrid core of an over-ripe boil. That this anti-Russian trend existed in the United States was, in and of itself, no secret. Indeed, the United States had, since 2000, pushed aside classic Russian area studies in the pursuit of a new school espousing the doctrine of “Putinism,” centered on the flawed notion that everything in Russia revolved around the singular person of Vladimir Putin.

The more the United States struggled with the reality of a Russian nation unwilling to allow itself to be once again constrained by the yoke of carpetbagger economics disguised as “democracy” that had been prevalent during the Yeltsin era, the more the dogma of “Putinism” took hold in the very establishments where intellectual examination of complex problems was ostensibly transpiring — the halls of academia which in turn produced the minds that guided policy formulation and implementation. Outliers like Jack Matlock, John Mearsheimer and Stephen Cohen were cashiered in favor of a new breed of erstwhile Russian expert, led by the likes of Michael McFaul, Fiona Hill and Anne Applebaum. Genuine Russian area studies was supplanted by a new field of authoritarian studies, where the soul of a nation that once was defined by the life and works of Dostoevsky, Tolstoy, Gorky, Lenin, Stalin, Sakharov, and Gorbachev was distilled into a shallow caricature of one man — Putin.

[..] As a former chief weapons inspector in Iraq from 1991-1998, I was uniquely positioned to comment on the veracity of the claims made by the United States that Iraq retained weapons of mass destruction capability in violation of its obligation to be disarmed of such. When my stance was deemed convenient to a narrative attacking a Democratic president, Bill Clinton, I was readily embraced. However, when my fact-based narrative ran afoul of the regime-change policies of Clinton’s successor, George W. Bush, I was cast aside as a pariah.

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Greg Mello is the executive director of the Los Alamos Study Group.

A Proposed Solution to the Ukraine War (Mello)

Since the Russian invasion of Ukraine began, what was a regional conflict has become a global hybrid war with ever-greater stakes, not least the risk of nuclear war. Perhaps the greatest danger lies in the difference of motives between parties, which is also the fundamental cause of this war: Russia seeks security, while the U.S. and its NATO allies have been using Ukraine to deny that security — to “break Russia,” in Henry Kissinger’s 2015 phrase. The U.S. does not want peace, unless it be the peace of a conquered Russia. That is why there is no obvious end to the escalations and counter-escalations. The U.S. and NATO see opportunity in the war they have been trying so hard to provoke.

The tragedy is that few people seem to understand that at the root of the Ukraine crisis is a specific strategy known as the Wolfowitz Doctrine, named after Paul Wolfowitz who, as under secretary of defense in the administration of George H. W. Bush, was one of the authors of a 1992 document that laid out a neo-conservative manifesto aimed at ensuring American dominance of world affairs following the collapse of the Soviet Union. “Our first objective,” stated the document, “is to prevent the re-emergence of a new rival [to the United States], either on the territory of the former Soviet Union or elsewhere. … This is a dominant consideration underlying [a] regional defense strategy and requires that we endeavor to prevent any hostile power from dominating a region whose resources would, under consolidated control, be sufficient to generate global power.”

The Wolfowitz Doctrine triggered the post-Cold War use of NATO as an instrument of bloody aggression against Yugoslavia, Afghanistan, Iraq and Libya. It declared, in effect, that diplomacy was dead and that American power ruled by violence if necessary. A resurgent Russia led by Vladimir Putin was next, and on the horizon, a risen China. The 2014 Washington-engineered coup in Ukraine that removed an elected leader who sought to reinforce his country’s relationship with neighboring Russia, was a product of the 1992 Doctrine and the extremism it represented. Victoria Nuland, a neo-conservative ideologue and President Barack Obama’s “point person” in Ukraine, has played the same role in President Joe Biden’s State Department.

The 1992 Doctrine is elaborated in an infamous RAND study on how to overextend and, in Kissinger’s words, “break Russia.” This is U.S. foreign policy today: a fact well understood by the Russian leadership who regard their country as effectively under siege by the United States. The potential of American missiles pointed at Moscow from former Soviet satellite countries, together with NATO troop deployments, is the reality they see. A militarized and virulently anti-Russian Ukraine being used as a tool by the U.S., with an expressed wish for nuclear weapons, on the brink of invading Russian-sympathizing provinces on the Russian border — all that was too much for Russia. What, do you suppose, the U.S. would do if such a situation arose in Mexico or Canada?

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US Secretary Of Defense Orders 500 Additional US Troops Deploy To Europe (CNN)

Secretary of Defense Lloyd Austin ordered additional troops and US military assets to be deployed to different parts of Europe amid the ongoing Russian invasion of Ukraine to further support the US’s NATO allies, a senior US defense official told reporters on Monday. The Defense Department will send a total of 500 troops in this new deployment, the official said. The deployment will include sending KC-135 refueling aircraft to Greece, but the official could not say how many aircrafts would be sent or where in the US they will be coming from. An air support operation center will be deployed to Poland and Romania, and an ordinance company and a maintenance company will be sent to Germany, the official said.

The ordinance and maintenance companies will provide “additional logistic support to the first armored brigade combat team, third infantry division” in Germany which is already deployed there, the official said. “It’s only 500, small units, enablers, we said at the get-go of deploying forces that we would not rule out additional forces to include enablers, and these units are very much in support of forces that were already sent forward,” the official said. With these additional deployments, the US now has about 100,000 US military personnel either on rotational or permanent orders stationed in Europe right now, the official said. The decision to send these troops and military assets were “based on conversations that the secretary had with the chairman and with Gen. (Tod) Wolters,” the commander of US European command, “that these additional enablers would be useful for the forces that are already” in Europe, the official said.

The additional deployment “were already kind of queued up to go, and again fully in support of our efforts to help defend NATO airspace if needed,” the official added.

CIA in Ukraine – Douglas Valentine

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“..the U.S. would be in “no way opposed” to Poland’s “sovereign decision” to transfer its planes..”

Ukraine Fighter-jet Deal Appears Doomed (Axios)

Efforts to push the Biden administration into supporting the transfer of Russian-made fighter jets to Ukraine appear doomed for both technical and geopolitical reasons. Ukrainian President Volodymyr Zelensky pleaded for the jets on Saturday during a Zoom call with more than 300 members of Congress, saying they were badly needed if NATO wouldn’t establish a “no-fly” zone. Those jets would likely be Soviet-era MiG-29s possessed by Poland, which Ukrainian pilots are capable of operating. The U.S. would, in turn, backfill Poland’s fleet with American-made F-16s. White House press secretary Jen Psaki reiterated Monday the U.S. would be in “no way opposed” to Poland’s “sovereign decision” to transfer its planes but stressed there are a number of logistical hurdles.

Those include how the planes would actually enter Ukraine’s heavily contested airspace, as well as how to accelerate the years-long U.S. procurement process for “serious weapon systems” like the F-16. The Russians have also been bombing Ukraine’s airports, raising the specter of the planes having to be based in Poland or other NATO territory — increasing the risk of a Russian attack on soil that would have to be defended by the alliance. Zelensky’s appeal produced an immediate and bipartisan groundswell of support. Senate Foreign Relations Chairman Bob Menendez (D-N.J.) sent a letter on Monday calling on the Biden administration to “do everything we can to compensate countries that heed Ukraine’s desperate call for fighter jets to defend their homeland.” His Republican counterpart, Sen. Jim Risch (R-Idaho), tweeted: “There is absolutely no reason we can’t supply airplanes to Zelensky and the Ukrainians. Our allies are willing and able to provide them, the admin needs to get out of the way.”


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This will now define any further communications.

Blinken Invokes Putin’s Dead Brother (ABC)

As Russian forces continue to advance across Ukraine, the U.S. is accusing the Kremlin of “starving” besieged Ukrainian cities, in the words of Secretary of State Antony Blinken, who on Monday appealed directly to Russian leader Vladimir Putin to “end the war, end it now.” Blinken even appealed to Putin’s family history, comparing the Kremlin’s siege of Ukrainian cities to Nazi Germany’s siege of Russian cities during World War II, which killed Putin’s one-year-old brother Viktor. But amid calls like his, the Ukrainian government, led by President Volodymyr Zelenskyy, is urging U.S. and Western leaders to do more — beyond condemnations and the historic amount of defensive aid and provide warplanes, missile defense systems, and a no-fly zone. U.S. allies in the Baltics are increasingly nervous about Putin’s advances in Ukraine, with Lithuania’s president warning Monday that the strongman leader “will not stop.”

[..] These sieges echoed Nazi Germany’s siege of Leningrad, Blinken said, where Nazi forces “systematically starved and intentionally destroyed” the city, leading to hundreds of thousands of deaths, Blinken said. “That siege affected millions of Russian families, including President Putin’s, whose one-year-old brother was one of the many victims. Now, Russia is starving out cities like Mariupol. It is shameful. The world is saying to Russia stop these attacks immediately. Let the food and medicine in. Let the people out safely, and end this war of choice against Ukraine,” he said. Putin’s older brother Viktor died of diphtheria during the siege of Leningrad before Putin was born.

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But NATO is not.

Ukraine’s Top Negotiator Says Kiev Open to ‘Non-NATO Models’ (Antiwar)

In an early sign of compromise following Russia’s invasion of Ukraine late last month, a senior member on Kiev’s negotiation team said his country is open to remaining outside of the NATO military bloc – a key security concern raised by Moscow time and again. Speaking to Fox News’s Nana Sajaia about the progress of the talks on Saturday, Ukraine’s chief negotiator David Arakhamia said little had been accomplished so far. With another meeting set for Monday, however, he outlined certain tradeoffs Kiev is willing to make, including its membership in the North Atlantic alliance. “We are ready to discuss some non-NATO models. For example, there could be direct guarantees by different countries like the US, China, UK, maybe Germany and France,” Arakhamia said. “We are open to discuss such things in a broader circle, not only in bilateral discussions with Russia, but also with other partners.”

The negotiator went on to state that, currently, the bloc’s leading members are “not ready to even discuss having us in NATO, not for the closest period of five or 10 years,” despite repeated assurances that Ukraine would be admitted – a promise first made in 2008 but reiterated as recently as last summer. While closing the door on Ukrainian NATO membership could be a step in the right direction and signal flexibility ahead of the next round of talks, it is unlikely to satisfy all of Russia’s demands. In addition to concerns over NATO expansion, Russian President Vladimir Putin has insisted that Kiev cede its claims to the Crimean Peninsula and the breakaway Donbass region, where separatist forces have been under siege by the Ukrainian military for eight years. “I don’t think that we have a choice now to even discuss some models where we would recognize those territories [as independent],” he said. “Our position is firm. We are ready to discuss any other dynamic options, but not recognition of those territories.“

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“..cutting off your leg to punish yourself for walking into harm’s way..”

Nowhere Left to Hide (Kunstler)

Time, they say, is nature’s way of making sure that everything doesn’t happen at once. If that’s so, then maybe time has stopped because all of a sudden everything seems to be happening at once. Three things, actually: 1) a Russian military operation in Ukraine that a lot of people in America want to turn into World War Three; 2) an epic crack-up of the world financial system; and 3) the breakdown of the fishy Covid-19 affair and especially the story behind its holy avatar: the mRNA vaccine. In a sane society, that might be enough to trip the institutional reality-test apparatus, but we are not a sane society these days, so we plunge ever-deeper into a hurly-burly of wrongful endeavor vectoring toward self-destruction. The immediate problem is a nation (us) that is powerfully bamboozled, led by a figurehead nobody believes in, backed by a hidden coterie of actors who appear to hate our country enough to try to sink it.

Forgive me for re-stating the premise of the Ukraine situation but one must counter the propaganda emitted like poison gas by a perfidious news media: Russia objected to the expansion of NATO to its very border, based on long-standing prior agreements about it. “Joe Biden” had every chance to formally recognize that reality and stupidly demurred. The Ukrainian government, ditto. Our side (the USA) had already created enough mischief there in mounting the 2014 coup against a government friendly with Russia, and then arming its replacement to harass Ukraine’s own citizens in its easternmost provinces, Donetsk and Luhansk. Two weeks ago, Russia moved in to forcefully correct all that. After all, Ukraine had been a part of Russia since they wrested it from the Ottoman (Turkish) empire in the 1700s, and in any other sense Ukraine is within Russia’s sphere-of-influence, as such things are defined in geopolitical history.

The US-led response to the Russian op was an attempt to dismantle the complex interbank payment systems of the global economy in order to punish one region (Russia) of the global economy — that is, cutting off your leg to punish yourself for walking into harm’s way. The result of that now is mayhem in the financial markets and in currencies, with global commodities like grain, oil, and ores acting as hostages. This hostage-taking has far-reaching effects because the nations of the world can’t operate without food, energy, and stuff to make products out of. Interfere with the rational distribution of them and you’ll get chaos and death.

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How to embarrass your entire country.

Australia Targets Hardcore Putin Extremists Spreading Hate About Ukraine (DM)

Australia will impose a fresh round of sanctions against Russia, targeting people who disseminate propaganda and disinformation about the invasion of Ukraine. Ten Putin supporters will be sanctioned for encouraging hostility towards Ukraine and driving false claims that a genocide was taking place against ethnic Russians in eastern Ukraine. The men targeted are journalists, authors or Putin’s press officers. In addition, Foreign Minister Marise Payne said financial sanctions will be imposed on Russia’s armed forces, as well as six senior military commanders responsible for attacks on Ukraine. ‘Together with partners, we will drive Russia out of our economies, supply chains and airwaves,’ she said in a statement released on Tuesday.

The invasion of Ukraine has been accompanied by a widespread disinformation campaign within Russia. Putin has claimed he invaded to ‘de-nazify’ the country, which the West rejects as a false justification. ‘Tragically for Russia, President Putin has shut down independent voices and locked everyday Russians into a world characterised by lies and disinformation,’ Senator Payne said. ‘The addition of sanctions on those responsible for this insidious tactic recognises the powerful impact that disinformation and propaganda can have in conflict.’ The foreign minister said Australia was working alongside major social media companies to help remove propaganda from their platforms. ‘The assertion that there is a genocidal action happening in Ukraine against Russia, that there is a ‘denazification’ required in Ukraine, is an obscene suggestion,’ Senator Payne told Sky News.

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But Newsweek picks the CDC.

Florida Department of Health to Advise Against COVID Vax for Healthy Kids (NW)

The Florida Department of Health will now tell parents not to give their children the COVID-19 vaccine if they are healthy. Florida Surgeon General Dr. Joseph Ladapo made the announcement Monday during a roundtable discussing “failures” of the COVID-19 response in the state. The announcement goes directly against the U.S. Centers for Disease Control and Prevention (CDC), which strongly recommends vaccination in children ages 5 and older. The CDC claims that since the beginning of the COVID-19 pandemic, the virus has become “one of the top 10 causes of death” for young unvaccinated children. The move, which will be the first taken in any state in the country, has not been officially announced by the Florida Department of Health. However, Ladapo was confident in its future.

“The Florida Department of Health is going to be the first state to officially recommend against the COVID-19 vaccines for healthy children,” he said. “We’re kind of scraping at the bottom of the barrel, particularly with healthy kids, in terms of actually being able to quantify with any accuracy and any confidence the even potential of benefit.” More than 12 million cases of COVID-19 have been reported in children since the beginning of the pandemic, accounting for 19 percent of all U.S. infections, according to the American Academy of Pediatrics. The week ending on February 24 saw children make up 26.2 percent of COVID-19 infections in the country. However, health experts have begun pushing back against the potential recommendation.

When asked by Newsweek for comment, the CDC reiterated how children need to be vaccinated against COVID-19, citing its previous research. It is not only the CDC affirming the effectiveness of the COVID-19 vaccines currently on the market, but Florida-based healthcare professionals, as well. “The data [is] clear,” UF Health professor Dr. Sonja Rasmussen, who studies epidemiology and pediatrics, told Newsweek in an email, “the benefits of COVID-19 vaccine in children outweigh the very small risks associated with it.”

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Is there anyone left who thinks that would be enough?

Leaders Who Got Covid Wrong Must Admit It And Apologize (NYP)

You, Rochelle Walensky at the Centers for Disease Control and Prevention, allowed Weingarten to craft absurd, unscientific policies that kept kids out of school. You let her block the schoolhouse door because you were on the same political team. You broke the trust Americans had in their health agencies and we will all suffer the repercussions of that for a long time. Apologize to the children whose lives you’ve stunted and who may never recover from the educational loss. Apologize to the kids who received speech therapy through masks because you refused to acknowledge that masking had been pointless in stopping COVID-19 spread. You may have permanently damaged these children because you refused to admit that you had been wrong for so long. Apologize.

Dr. Anthony Fauci, you fell in love with your own image and could not stay off the TV even as it caused us all harm. In November 2021, you said that people who were criticizing you were “really criticizing science, because I represent science. That’s dangerous.” What’s dangerous is if you really believe that. You frequently got things wrong on TV or reversed your previous comments with no explanations. The science hadn’t changed, you made political calculations to support the diktats of the Biden administration. You actually argued for the passage of the stimulus bill as if you were some kind of lobbyist and not the director of one of our national health agencies. Worst of all, you shut down dissenting opinions from other scientists because you knew yours could not withstand scrutiny. You have been a disaster for this country in leading us through the pandemic. Apologize. Then exit stage left and let us never hear from you again.

You fearful, quiet politicians who let extended lockdowns destroy businesses, fray the fabric of our cities and cost us all so much: We saw you maskless, at concerts and parties, while our 2-year-olds stay masked to this day. We know that you didn’t actually think masking was important like you implored us it was. You loved your power and nothing else mattered. Apologize. And you, compliant media, the disaster of the last two years is at your feet. You created heroes out of people like Gov. Andrew Cuomo, whose nursing home directive cost thousands of lives, while demonizing Gov. Ron DeSantis, who used all of his political capital to correctly force schools open, a decision everyone now pretends was easy but certainly was not. You ran stories about high case numbers in Florida “as schools open” to project that schools were somehow unsafe. You were incurious and did not ever challenge the corrupt health care agencies. You let us down.

Don’t apologize, we don’t believe you anyway.

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“Rough calculations from VAERS data suggest that they’re at least several hundred times more dangerous than flu shots.”

From Sore Arms To Sudden Death (Eugyp)

It is undeniable: The Corona vaccines cause a wide array of adverse events, not all of them understood. Right now it’s hard to assess their population-wide impact, but it is no longer reasonable to doubt that they’re substantially more dangerous than ordinary vaccines. Rough calculations from VAERS data suggest that they’re at least several hundred times more dangerous than flu shots. In addition to acute vaccine reactions – fever, myalgia, swollen lymph nodes and injection site soreness in the days following vaccination – many of you also discussed an array of more disturbing symptoms, including serious tinnitus, heightened blood pressure, chest pains, irregular menstrual bleeding and shortness of breath.

I also had many letters describing shingles and Bell’s Palsy following vaccination; and of more puzzling and potentially more serious neurological problems, from vertigo to muscular tremors to seizures. For the most part, milder acute symptoms disappeared in days, but some you report sore arms and tinnitus lasting many months. Among the severe reactions, myocarditis and stroke have a prominent place in your reports; I had fewer reports of miscarriages, but they were also present. Consistent with internet discussion elsewhere, some of you also report the sudden development or resurgence of cancer following Corona vaccination. Broadly speaking, dose 3 seems to have been worse than dose 2, and dose 2 worse than dose 1. Many, many of the vaccinated among you caught Corona following vaccination.

There are the preponderance of infections in the week following the first and third doses, which we already knew about, but these are but a fraction of post-vaccine infections overall. Probably a big thing that has stalled the political momentum driving mass vaccination, is the prevalence of bad booster reactions followed by breakthrough infection. Another point that emerged from your letters, is the generally high threshold for obtaining an exemption from further vaccination following an adverse reaction. It was disturbing to read several stories of people who were essentially vaccinated to death – dying after dose 3, following a rough reaction to dose 1 and a near-miss with dose 2.

Finally, almost all of you were vaccinated under duress. Some of you accepted vaccination simply to end the medical surveillance or to win back some freedom of movement. That was surprisingly uncommon, though; those who gave in to the petty harassments of the vaccinators generally said they didn’t appreciate the risk of the vaccines, or the outrageousness of the legal regime surrounding them, until later. Most often, people gave in to keep their jobs or to appease insistent family members. Some parents accepted vaccination so that they could attend school events involving their children; other people wanted to see elderly relatives in hospital or care homes.

It looks like death

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“.. the company knew as early as the 1950s that PCBs were harmful to humans, ordering staff not to eat near the chemicals.”

Los Angeles Suing Monsanto For Chemicals In Waterways (Y!)

Chemical company Monsanto found itself in the horns of yet another lawsuit Monday, as Los Angeles sued the firm for allegedly knowingly polluting waterways in one of the biggest cities in the United States. The suit — filed last week against three companies including Bayer, the German agro giant that now owns Monsanto Company — comes after a raft of legal action over weedkiller Roundup. The latest legal filing claims Monsanto polluted waterways in Los Angeles with polychlorinated biphenyls (PCBs) up until 1979. PCBs — a toxic chemical that does not break down easily — were used in paint, ink, paper products, fireproofing products, hydraulic fluids and industrial equipment. “It’s time for Monsanto to clean up and pay up,” said Los Angeles City Attorney Mike Feuer.

“The health and environmental impacts of PCBs — impacts the city has been working hard to reduce in waters throughout LA — are just jaw dropping.” “We allege Monsanto knew decades ago that PCBs are toxic and inevitably would cause widespread contamination,” he charged. “It’s infuriating that Monsanto continued to manufacture and sell them — and, we allege, deceive the public about them.” The lawsuit says exposure to PCBs can lead to cancer, as well as to damage to the liver, thyroid and eyes. It says the chemical can hamper brain development and impact birth weight. City officials, who are seeking payment from Monsanto to clean up waterways, say the company knew as early as the 1950s that PCBs were harmful to humans, ordering staff not to eat near the chemicals.

The lawsuit names three companies that Monsanto spun off in the 1990s: Monsanto Company, now owned by Bayer; Solutia Inc., now owned by Eastman Chemical Company; and Pharmacia LLC., now owned by Pfizer.

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Marketing genius





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Home Forums Debt Rattle March 8 2022

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  • #103806
    John Day

    There’s another picture of the cabinet-plywood walls progressing in the living-dining area

    Financial, Biological And Nuclear Weapons
    Going for Broke, and Getting There

    Gilbert Doctorow has a lot of points about the war in Ukraine which you won’t hear from CNN. “You Won’t Know What Hit You”

    ​ ​ Russia has received documentation from Ukrainian health authorities on the production of biological weapons (anthrax, Siberian plague and much more) by Ukrainian labs in Kharkiv and elsewhere in cooperation with the United States. Stocks of such weapons were being stored in direct violation of international conventions. On 24 February, in advance of the start of Russia’s ‘special military operation’ in Ukraine, the Ukrainian health authorities destroyed these illicit biological weapons. However, Russia has obtained the official documentation certifying this destruction of what should never have been there. Moscow is now studying this documentation, which indicates United States participation in the development of the biological weapons and will publish the incriminating documents, starting from yesterday.
    ​ ​Russia has also obtained documentation proving that Ukraine, in cooperation with the United States, was since the presidency of Petro Petrushenko, actively developing nuclear weapons, including “dirty” nuclear devices using readily available fuel from its reactors. Such activity was going on in the Zaporozhye nuclear plants, and it is very likely that the fire reported at a ‘training unit’ adjacent to an active reactor two days ago related to destruction of incriminating papers, if it was not otherwise a ‘false flag’ operation to allege a Russian attack on the power station, in violation of international law.
    ​ ​From this list, the most threatening to European peace in the immediate days ahead is point 2, regarding Ukrainian aircraft based outside of Ukraine and being assigned missions to fly back into Ukrainian air space to thwart Russia’s ongoing military offensive. This bears directly on the patently insane plans of Secretary of State Blinken to allow the Poles to transfer to Kiev, its stock of Soviet era MIGs for missions into Ukraine.

    You won’t know what hit you and why

    ​From Polish News: ​(The ball’s in your court, Joe…, Joe? Hey Joe!)

    “The authorities of the Republic of Poland, after consultations with the President and the Government of the Republic of Poland, are ready to immediately and free of charge transfer all their MIG-29 planes to the base in Ramstein and place them at the disposal of the Government of the United States of America” – the Ministry of Foreign Affairs reported.

    “At the same time, Poland is asking the United States of America to provide it with used aircraft with similar operational capabilities. Poland is ready to immediately agree on the terms of the purchase of these machines,” ​…


    ​SouthFront says Russian and DPR forces have kettled Mariupol and have started “mopping up” operations. (The Saker confirms this.)


    John Day

    Pepe Escobar begins the big-picture financial-regime-war discussion:

    …a decree on “foreign exchange obligations to foreign creditors” which allows Russian companies to settle their debts in rubles is already an eye-opener.
    Economist Yevgeny Yushchuk defined it as a “nuclear retaliatory landmine”.
    It all revolves around a new presidential decree, signed last Saturday: “On Temporary Order of Obligations to Certain Foreign Creditors”.
    It works like this: to pay for loans obtained from a sanctioning country exceeding 10 million rubles a month, a Russian company does not have to make a transfer. They ask for a Russian bank to open a correspondent account in rubles under the creditor’s name. Then the company transfers rubles to this account at the current exchange rate, and it’s all perfectly legal.
    Payments in foreign currency only go through the Central Bank on a case-by-case basis. They must receive special permission from the Government Commission for the Control of Foreign Investment.
    As I discussed with Michael Hudson, what this means in practice is that the bulk of the $478 billion or so in Russian foreign debt may “disappear” from the balance sheets of Western banks. The equivalent in rubles will be deposited somewhere, in Russian banks, but Western banks, as it stands, can’t access it..

    [Russians can buy from international sites on their credit cards, with this new Chinese-finance modification]

    Sberbank confirmed it will issue Mir cards co-badged with China’s UnionPay. Alfa-Bank – the largest private bank in Russia – will also issue UnionPay credit and debit cards. 40% of Russians already have a Mir card for domestic use. Now they will also be able to use it internationally – via UnionPay’s enormous network.

    [Escobar also talks about the JCPOA negotiations, set to reopen global markets to Iranin oil, but Iran’s free trade with Russia is critical to that finalization, written into it long ago. The US can’t sanction signatory countries, which impairs the deal. The US, after cursing, starving, attacking and attempting regime change in Venezuela, now sends a delegation to Caracas to discuss reducing the beatings in return for Venezuelain oil, until the US gts things back to “normal”. Venezuela will want her gold back from London, and may want restitution for tankers taken by the American navy, and other little things, maybe some written guarantees.]

    Oil and gas markets, meanwhile, are in total panic. No Western trader wants to buy Russian gas; and that has nothing to do with Gazprom, which continues to duly supply customers that signed contracts with fixed tariffs, from $100 to $300 (others are paying over $3,000 in the spot market).
    European banks are less and less willing to grant loans for energy trade with Russia because of the sanctions hysteria…
    ..Europe imports roughly 400 billion cubic meters of gas a year, with Russia responsible for 200 billion. There’s no way Europe can find $200 billion anywhere else to replace Russia – be it in Algeria, Qatar or Turkmenistan. Not to mention its lack of necessary LNG terminals.
    ..So obviously the top beneficiary of all the mess will be the US…

    ​..​The Russophobic all-out attack on Russian exports also targets palladium – vital for electronics, from laptops to aircraft systems. Prices are skyrocketing. Russia controls 50% of the market. Then there are noble gases – neon, helium, argon, xenon – essential for production of microchips. Titanium has risen by a quarter and both Boeing – by a third – and Airbus – by two thirds – rely on titanium from Russia.
    ​ ​Oil, food, fertilizers, strategic metals, neon gas for semiconductors: all burning at the stake, at the feet of Witch Russia.​..

    ​..The key issue for the whole Global South to digest is that the “West” is not committing suicide. What we have here, essentially, is the Empire of Lies willfully destroying German industry and the European economy.​

    Russian judo tears the West apart

    ​Michael Hudson disagrees with Pepe by a shade… ​The American Empire self-destructs

    ​ ​Empires often follow the course of a Greek tragedy, bringing about precisely the fate that they sought to avoid. That certainly is the case with the American Empire as it dismantles itself in not-so-slow motion…

    …During the half-century since the United States went off gold in 1971, the world’s central banks have operated on the Dollar Standard, holding their international monetary reserves in the form of U.S. Treasury securities, U.S. bank deposits and U.S. stocks and bonds. The resulting Treasury-bill Standard has enabled America to finance its foreign military spending and investment takeover of other countries simply by creating dollar IOUs. U.S. balance-of-payments deficits end up in the central banks of payments-surplus countries as their reserves, while Global South debtors need dollars to pay their bondholders and conduct their foreign trade.
    ​ ​This monetary privilege – dollar seignorage – has enabled U.S. diplomacy to impose neoliberal policies on the rest of the world, without having to use much military force of its own except to grab Near Eastern oil.

    ​ ​The recent escalation of U.S. sanctions blocking Europe, Asia and other countries from trade and investment with Russia, Iran and China has imposed enormous opportunity costs – the cost of lost opportunities – on U.S. allies. And the recent confiscation of the gold and foreign reserves of Venezuela, Afghanistan and now Russia,[1] along with the targeted grabbing of bank accounts of wealthy foreigners (hoping to win their hearts and minds, enticed by the hope for the return of their sequestered accounts), has ended the idea that dollar holdings – or now also assets in sterling and euro NATO satellites of the dollar – are a safe investment haven when world economic conditions become shaky.​..

    ..​But U.S. officials are forcing Russia, China and other nations not locked into the U.S. orbit to see the writing on the wall and overcome whatever hesitancy they had to de-dollarize.​..

    (But WHY?)​ ..​U.S. diplomats themselves have chosen to end international dollarization, while helping Russia build up its own means of self-reliant agricultural and industrial production. This global fracture process actually has been going on for some years, starting with the sanctions blocking America’s NATO allies and other economic satellites from trading with Russia. For Russia, these sanctions had the same effect that protective tariffs would have had.​..

    ..By imposing sanctions on the richest Russians closest to Putin, U.S. officials hoped to induce them to oppose his breakaway from the West, and thus to serve effectively as NATO agents-of-influence. But for Russian billionaires, their own country is starting to look safest.
    ​ ​For many decades now, the U.S. Federal Reserve and Treasury have fought against gold recovering its role in international reserves. But how will India and Saudi Arabia view their dollar holdings as Biden and Blinken try to strong-arm them into following the U.S. “rules-based order” instead of their own national self-interest? The recent U.S. dictates have left little alternative but to start protecting their own political autonomy by converting dollar and euro holdings into gold….

    ..The consequences were anticipated. The neocons in control of U.S. foreign policy simply didn’t care….

    ..​What foreign countries have not done for themselves to replace the IMF, World Bank and other strongarms of U.S. diplomacy, American politicians are forcing them to do. Instead of European, Near Eastern and Global South countries breaking away as they calculate their own long-term economic interests, America is driving them away, as it has done with Russia and China.​..

    ..The energy and food price squeeze is hitting Global South countries especially hard, coinciding with their own Covid-19 problems and the looming dollarized debt service coming due. Something must give. How long will these countries impose austerity to pay foreign bondholders?
    ​ ​How will the U.S. and European economies cope in the face of their sanctions against imports of Russian gas and oil, cobalt, aluminum, palladium and other basic materials​?​American diplomats have made a list of raw materials that their economy desperately needs and which therefore are exempt from the trade sanctions being imposed. This provides Mr. Putin a handy list of U.S. pressure points..​.

    ..​But the final breakaway from NATO’s adventurism must come from within the United States itself. As this year’s midterm elections approach, politicians will find a fertile ground in showing U.S. voters that the price inflation led by gasoline and energy is a policy byproduct of the Biden Administration’s blocking of Russian oil and gas exports. (Bad news for owners of big SUV gas guzzlers!)


    ​ ​Within hours of Joe Biden announcing a far-reaching ban on all US imports of Russian oil – while warning Americans that gas prices are about to “go up further” – Vladimir Putin is reported to have signed his own counter-measure decree.
    ​ ​Russia’s RIA news agency is reporting that the new decree blocks all exports and raw materials from Russia “of certain materials” – with state media reports noting the specific list will be made public in two days.


    The bio labs in Ukraine appear to be run by a company called Metabiota

    Some interesting stuff about that company


    Either Russia surrenders and is taken under US control, or this goes nuclear. The USA elites are so greedy and insane that they would rather destroy the world than be average citizens in the world.

    Putin said “There is no need for the planet without Russia” but the USA elites are saying “There is no need for the planet if we are not the wealthiest and most powerful people in the planet”.

    China and India know they are next in the USA’s list of targets, so they cannot do anything other than support Russia or surrender to the USA. Impossible to see this being sorted out by diplomacy.

    Only a tragic shock has the potential to stop this escalation, but I doubt even if Putin were to order a nuclear strike on the US homeland – LA, San Fran, Boston – I still doubt the US elites would stop.

    All we can hope is that this war cools down for a while – it will never stop – so that we have the time to live the rest of our lives before the rampant, insane, finished Americans destroy the planet.

    Veracious Poet

    I hope all the TDS sheeple are enjoying the fruits of the 2016-2021 coups d’etat thrown upon your behalf by the party of chaos…

    At least Trump was able to negotiate “in good faith” with the #derp~state’s boogeymen.

    Does anyone actually think we’d be at one minute to thermal nuclear midnight if the psychos hadn’t been allowed to steal the election from him in 2020?

    The mind boggles…


    An example

    “Russia produces over 40% of global enriched Uranium.”

    What most folks don’t understand is that any market, for any material, if the market is tight as a bull’s ass, can have it’s price significantly ‘influenced’ by even a very small up or down move in the price.

    Think of a ‘just in time’ supply chain, let’s say for toilet paper.

    Only a sudden 5% drop in availability, through the just in time chain, can leverage up the price many multiples more than just the 5% nominal short fall in supply. Let’s say it goes up 25%, produces some panic then jumps to 50%, all because of a 5% drop in supply.


    OMG it’s running out!.

    People panic about their TP supply, even if it’s just personal paranoia, and generate a ‘moving wave form of anxiety’ in the mental map of imagined scarcity.

    So let’s shift from TP to uranium.

    German doesn’t need any, they deep-sixed their reactors (brilliant) for the amazingly unreliable sun and wind. A friend from Düsseldorf used to call it Drizzledorf, he said it was like Seattle, it was raining or drizzling 300 days most years. No solar for you!

    But France, ahhshe loves the Yellow Cake, she loves it’s smell and the beautiful silky yellow texture, Magnifique!

    A 10% drop in global uranium supply is enough to put the fear of god into the uranium futures market. Tough planning your electric future with that much uncertainty swimming around just below the surface like a 27′ Great White on the prowl.

    A 40% drop will make the EU Muppet Reactor Crowd wish they’d bought more toilet paper..


    Truckers met with senators Cruz and Johnson. Good on them. I guess they plan on circling DC until emergency is dropped? Not sure about the optics of this. I think the greatest impact was all the people they brought together along their journey.

    Pentagon estimates Russian troop losses at 2 to 4K, a far cry from the 12k on social media.

    Pentagon backs down of polish fighter jets. Putin does not appear to be bluffing, totally laying waste to towns (mop up) as they press on. The West has already telegraphed their response, doubt it will change. Russia wants towns/cities drained of civilians before commence with carpet bombing.


    Yes today is bat shit crazy! So where to start?

    The National Post says Canadians are too cheap to buy Trudeau a new plane. Clearly kissing ass here! Why does Trudeau need a new plane when nobody wants him to visit them?

    So Poland is going to give the US their Mig-29 airplanes. Actually sell them to the US government care of a certain airport in Germany. Actually this is a Polish joke that the US can’t figure out what the punchline is!

    To help Americans neocons get the joke.
    A polish guy is jumping up and down on top of a manhole cover in Washington, DC. yelling 46! A passing DC neocon stops and asks the Polish guy why he is jumping up and down yelling 46? The Polish guy says it is really exciting to do this and he should give it a try because he might find it really exciting too. So the DC neocon starts jumping up and down yelling 46! The Polish guy quickly removes the manhole cover and then puts it back in place. The Polish guy then starts jumping up and down on the manhole cover again yelling 47!
    For some strange reason the Russian military likes to make cauldrons. They have made 4 of them in the Ukraine so far. Maybe it has something to do with America’s fascination with witches. Maybe the Russians are ust trying to drive the US mad using by toying with cauldrons. You know like Salem, where an early aunt of mine was hung as the first legal witch. Obviously the Russian are throwing Ukrainian babies into these cauldrons and saying witchy words, like real US witches do.

    Deflate where are you when we need you? Oh. I see you are busy going round and round DC on the beltway! Did they accidently close all of the exit ramps? Hope you like Hotel California!

    I have seen with my very own eyes a Ukrainian health official reporting 59 dead, seen lying in moving body bags on the ground directly behind him. One of the closest dead, was especially busy trying to keep the wind from repeatably uncovering him! There is always a rotten actor in the casket!

    I see Biden’s Build Back Better plan is finally going to be passed by the Republicans! He has discovered the winning formula by adding $14 billion in aid for the Ukraine, so Congress can get it’s last load of dirty laundry cleaned in it’s Ukrainian laundromat before Vlad shuts it down! Since the Ukraine isn’t going to exist shortly, nobody is going to ask stupid questions like what ever happened to that $14 billion?

    So gold finally broke $2,000 US today. But oddly have you noticed that silver has barely moved from say $24 to $25 despite all of this crazy war talk? You see it only takes a measly $25 million to control a million ounces of silver. Ten million ounces of silver is only another measly $250 million! Mere chicken feed for the Fed! By suppressing silver prices they can neuter gold prices too without breaking a sweat. The current silver to gold ratio is about 80 to 1. So by controlling the 1 it gives the Fed amplified control over the 80. See how it works! Like stealing candy from a baby! It will keep on working until the baby wakes up “woke”, which is never, due to our educational brainwashing system.



    You were doing great with your comment until at the end you added that clip about Jake “the snake” Sullivan.

    He reminds me of the Prince John’s evil snake in the animated animal movie Robin Hood. The drunk snake only started telling the truth, after escaping from being trapped inside a wooden barrel of ale!



    Some commodities are up a bit like oil, wheat, and nickel. Just to be totally irrelevant here are the melt values of some olde US and Canadian pennies and nickels. Note the Canadian penny is no more. Only the US still has a worthless penny. (Quoted March 8th, 2022 for Nickel @ $17.32 USD / pound.)

    Penny from 1909 to 1982 (98% copper) = 3.1 US cents
    Penny from 1982 to 2014 (97.5% zinc) = 1.08 US cents
    Nickel from 1946 to 2014 () = 8.6 US cents

    Penny from 1942 to 1977 () = 3.29 US cents
    Penny from 1978 to 1979 () = 3.27 US cents
    Penny from 1980 to 1981 () = 2.83 US cents
    Penny from 1982 to 1996 () = 2.52 US cents
    Penny from1997 to 1999 () = 0.096 US cents
    Nickel from 1955 to 1981 () = 17.6 US cents
    Nickel from 1982 to 1999 () = 7.9 US cents
    (I don’t have % copper or Nickel of Cdn coins but the % kept dropping to zero!)

    As you can see the Canadian government of Justin’s father was real busy use debasing Canada’s currency, long before US did.

    So if you still have some of these old coins then they are the only fiat money you have left that have kept some of their value.

    All the new coins in both US and Canada are now made of worthless steel you can pick up with a magnet! Very magnetic they are! Will also rust if you aren’t careful!

    Oh yeah, Nickel prices have gone limit up for the last week or two. That means no Nickel is being traded on the London Metal Exchange. That also means the exchange is busy changing the rules of the game. This is what governments everywhere do when they are losing! Change the rules of the game so they win! Suckers!


    So Nuland says the Russians might seize the US’s Ukrainian Bio labs and create a false flag incident!
    (A perfect example of blaming your enemy for what you were doing!)
    If you want to know exactly where the bio labs were located, just see the map of Rusiian missile strikes on the first night!
    Then over lay the missile strike map with the bio lab map.if
    Wow! A perfect 100% match!


    P.S. Did you know that it is illegal to take or export US nickels with nickel in them out of the US!
    I think the law even applies to the now worthless US steel nickels too.
    So don’t ever get caught with a roll of US nickels on you.

    those darned kids
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