Jun 172022
 
 June 17, 2022  Posted by at 8:05 am Finance Tagged with: , , , , , , , , , ,  Add comments


Albrecht Dürer Praying hands 1508

 

Lavrov to Boris Johnson: Just Try to Bring Russia to Its Knees (Celente)
Fauci Admits ‘Not Enough Data’ On Boosters For 5-Year-olds (Fox)
Gazprom Defends Gas Cuts As Prices In Europe Soar (AFP)
German Official Warns Of Gas Shortages, Bankruptcies, Massive Price Hikes (RMX) s
Tesco Sales Fall Amid ‘Unprecedented Increases In Cost Of Living’ (G.)
US Energy Chief To Discuss Record Pump Prices With Refiners Next Week (R.)
MBS and Putin: Why Talk to One and Not the Other? (Warner)
Elon Musk To Make Twitter Inclusive, User-Friendly & Profitable (TMS)
New CNN Boss: Stop Calling Trump’s Election Fraud Claims ‘The Big Lie’ (DM)
Trump Demands Equal Time On TV Networks To Counter Jan. 6 Hearings (JTN)
COVID Dr. Simone Gold Sentenced To Prison For Jan. 6 Riot (JTN)

 

 

 

 

 

 

“When Pack meets with Pack in the Jungle, and neither will go from the trail,
Lie down till the leaders have spoken — it may be fair words shall prevail.”

– Rudyard Kipling, “The Jungle Book”

 

 

 

 

Lavrov did a BBC interview yesterday.

Lavrov to Boris Johnson: Just Try to Bring Russia to Its Knees (Celente)

Sergei Lavrov, Russia’s top diplomat, said in an interview Thursday that the Kremlin was forced to carry out a “special military operation” in Ukraine because there was “no other way of explaining to the West that dragging Ukraine into NATO was a criminal act.” Lavrov spoke with the BBC about the fallout from the war, and how Russia has been largely ostracized from the West. He pointed the the UK in particular. “I don’t think there’s even room for manoeuvre any more,” Lavrov said. He said both Prime Minister Boris Johnson and Foreign Secretary Liz Truss have both said openly that “we should defeat Russia, we should force Russia to its knees.” “Go on, then, do it!” Lavrov said.


Truss and Johnson have been two of the most outspoken critics of the Russian invasion of Ukraine. Lavrov may have been referencing Truss’ comment in February when she said she wanted to “degrade” the Russian economy. “We’ve now imposed the most severe sanctions that Russia has ever seen, stopping access to vast swathes of the Russian economy, and stopping them build up their armed forces, cutting the Russian economy off at the knees,” she said. Johnson in May called Russian President Vladimir Putin a “crocodile” chewing on Ukraine’s leg. “How can you deal with a crocodile when it’s in the middle of eating your left leg?,” Johnson said. “The guy’s completely not to be trusted.”

Read more …

“That’s not science. That’s conjecture. And we should not be making public policy on it..”

Fauci Admits ‘Not Enough Data’ On Boosters For 5-Year-olds (Fox)

Dr. Anthony Fauci admitted Thursday that even though the Biden administration recommends that everyone over the age of 5 gets a booster dose of a COVID-19 vaccine, there is currently insufficient evidence to prove that the boosters actually lower rates of hospitalization or death in children. During a Senate Health, Education, Labor and Pensions Committee hearing, Sen. Rand Paul, R-Ky., asked Fauci if he was aware of any studies that showed a reduction in deaths or hospitalizations for children who had received boosters. “Right now, there’s not enough data that has been accumulated, Senator Paul, to indicate that that’s the case,” Fauci stated.

The director of the National Institute of Allergy and Infectious Diseases began to explain that he thinks the basis for the recommendation had to do with looking at morbidity and mortality of children in different age groups, when the senator cut him off. “So there are no studies. And Americans should all know this. There are no studies on children showing a reduction in hospitalization or death with taking a booster,” Paul said. Paul, who is also a doctor, noted that the only studies that had been done were antibody studies, which he argued were not enough to prove a vaccine’s efficacy. He claimed that just because a vaccine produces antibodies, that does not mean it is necessary. To illustrate his point, he argued that a person could get 10 boosters and get antibodies from all of them, but that does not mean a person needs to get 10 booster shots.

Fauci, who testified virtually because he currently has COVID-19, called Paul’s hypothetical “somewhat of an absurd exaggeration,” but Paul claimed that this is basically what the government is doing. “That’s not science. That’s conjecture. And we should not be making public policy on it,” he said.

Rand Paul Fauci

Read more …

The “pumping turbines” in Nordstream I need repair. German company Siemens sent them all the way to Montreal to be fixed. Because of Canada and German sanctions, they cannot be brought back to the pipeline. Unless both countries circumvent their own sanctions. They will.

Gazprom Defends Gas Cuts As Prices In Europe Soar (AFP)

Russian energy giant Gazprom on Thursday defended gas cuts to Europe as prices soared and tensions raged between Russia and the West over Ukraine. Gazprom CEO Alexei Miller said that Moscow will play by its own rules after cutting daily gas supplies to Germany and Italy. “Our product, our rules. We don’t play by rules we didn’t create,” Miller said during a panel discussion at the Saint Petersburg International Economic Forum in Russia’s second city. Earlier this week, Gazprom slashed its natural gas deliveries via the Nord Stream pipeline, after saying Germany’s Siemens had delayed the repair work of compressor units at the Portovaya compression station. “For now, there is no way to solve the problem that arose with the compressor station,” Miller said.

“Siemens is still silent, trying to find a solution.” Italian energy giant Eni also reported problems, saying it will receive only 65 percent of the gas requested Thursday from Gazprom. Gazprom has said exports to countries that did not belong to the former Soviet Union were down 28.9 percent between January 1 and June 15 compared to the same period last year. “Of course, Gazprom is reducing the volume of gas supplies to Europe,” Miller said, pointing out that the prices have increased several-fold. [..] Moscow has lost several European gas clients after it demanded that all “unfriendly” countries pay for Russian natural gas in rubles in response to a barrage of Western sanctions over Russia’s military intervention in Ukraine.

Poland, Bulgaria, Finland and the Netherlands have had their natural gas deliveries suspended over refusing to pay in rubles. The Nord Stream pipeline was commissioned in 2012 and delivers gas from northwestern Russia to Germany via the Baltic Sea. The launch of the Nord Stream 2 pipeline that was set to double Russian gas deliveries to Germany was halted in response to Moscow’s military campaign in Ukraine. “Nord Stream 2 is under pressure and gas could be supplied to Germany even today via it. But it has not been put in operation because it is not certified,” Miller said.

Read more …

Your governments volunteer to do this to you.

German Official Warns Of Gas Shortages, Bankruptcies, Massive Price Hikes (RMX)

A gas shortage and high prices will send “shockwaves through the country,” leading to landlords cutting the heat for tenants and widespread company bankruptcies, warned Klaus Müller, the head of Germany’s Federal Network Agency, which is the regulatory office for electricity, gas, telecommunications, postal services, and railway markets. Müller paints a bleak picture about the crisis in an interview with German newspaper Rheinische Post, saying it will “send shockwaves throughout the country. Banks will ramp up their business with installment loans, and ailing companies will fall into insolvency.”

Müller’s office, which is a federal agency within the Federal Ministry for Economic Affairs and Climate Action, has a bird’s eye view of the economic situation in Germany and also special insight into how economic conditions will develop into the future. Müller says he expects gas prices to continue to climb, resulting in increased inflation that goes far beyond energy. He also warns that there will be a dramatic lack of gas in the winter, which could lead to landlords turning down the heat to save on energy. In turn, Germans may have to grapple with colder apartments. [..] The government has already pushed businesses and citizens to reduce their energy consumption, but that pressure may come in the form of new laws and regulations in the future, with Müller calling for more pressure to be applied to save gas.

Although Germany has pushed for a general ban on Russian oil imports, the country is highly reliant on natural gas from Russia. If Russia were to cut gas in the critical winter months or even restrict supplies, it could lead to critical damage to the German economy, a scenario energy experts have already warned about. Germans will not only be colder in their apartments, but companies will also face mass bankruptcies, said Müller. However, he said government policies could help mitigate financial losses and preserve critical gas supplies. He said he wants to encourage companies to save gas with a bonus scheme.

Read more …

Bigger market share, less income.

Tesco Sales Fall Amid ‘Unprecedented Increases In Cost Of Living’ (G.)

Tesco said sales have fallen at its UK stores in recent weeks as its customers face “unprecedented increases in the cost of living”. The UK’s largest supermarket said it had gained market share but sales in the three months to 28 May fell 1.5% on the same period last year when the UK was in lockdown. Ken Murphy, the chief executive of Tesco, said: “The market environment remains incredibly challenging.” He said it was difficult to separate the significant impact of last year’s coronavirus lockdowns from other influences on shoppers but said Tesco was seeing “some early indications of changing customer behaviour as a result of the inflationary environment”.


He said: “Customers are facing unprecedented increases in the cost of living and it is therefore even more important that we work with our supplier partners to mitigate as much inflation as possible.” Tesco said sales of clothing and general merchandise, such as homewares and toys, were most affected, while online sales were also affected as shoppers returned to supermarkets. It said the decline in the volume of goods sold was partly offset by inflation. Sales in the Republic of Ireland were down 2.4% but were up 2% overall because of strong growth in central Europe and at its Booker wholesale chain. The retailer’s comments come after more than one in five (22%) of those who took part in a recent survey said they skipped a meal or reduced the size of meals because they could not afford to buy food.

Read more …

Looking for a scapegoat.

US Energy Chief To Discuss Record Pump Prices With Refiners Next Week (R.)

U.S. Energy Secretary Jennifer Granholm is expected to meet with refining executives on June 23 as tensions between the White House and the oil industry mount over soaring gasoline prices, sources familiar with the matter told Reuters. The planned talks come as President Joe Biden, under pressure over high gasoline prices, has demanded that oil refining companies explain why they are not putting more fuel on the market as they reap windfall profits. read more The Energy Department had no comment, but referred to a letter Biden sent on Wednesday to executives from companies, including Marathon Petroleum , Valero Energy and Exxon Mobil, that said he had directed Granholm to hold an emergency meeting and engage the National Petroleum Council in coming days.


The NPC is a privately-funded panel that makes recommendations to the energy secretary and executive branch. The U.S. oil industry’s main trade groups pushed back on the Biden administration on Wednesday in a letter to Biden, pointing out that the nation’s oil refineries are already running at close to full capacity. “Any suggestion that U.S. refiners are not doing our part to bring stability to the market is false,” said Chet Thompson, the head of the American Fuel and Petrochemicals Manufacturers. Energy companies are enjoying bumper profits since Russia’s invasion of Ukraine, as punitive U.S. sanctions against Moscow add to a global supply squeeze driving crude prices above $100 a barrel and U.S. gasoline prices to records over $5 a gallon. U.S. refiners, meanwhile, are running at near-peak levels to process fuel – currently at 94% of capacity, according to government data.

Read more …

OPEC+ has brought Putin and MBS closer than you may think.

MBS and Putin: Why Talk to One and Not the Other? (Warner)

The administration’s argument for a Biden-MBS meeting is that it is in the greatest interest for Middle East peace and peace “around the world” that the two should talk. Overall peace as well as increased oil production override the horrendous human rights record of the Saudi leader, according to the Biden team. If “pariah” was the term Biden used to describe MBS during his campaign and then changed his mind, what about the president’s views on Vladimir Putin? If the Biden team sees meeting MBS face-to-face as a positive step to increase oil production and reduce tensions in the Middle East, surely there is a more pressing need to have another Biden-Putin summit to stop the carnage in Ukraine and increase grain delivery.

But the last and only summit between the two, in Geneva on June 16, 2022, led to no concrete results. On the contrary; eight months later Russian troops invaded Ukraine. Putin was obviously not impressed enough with Biden to alter his plans for attacking Ukraine. For the moment, no mention is being made of a follow-up meeting. If Biden can’t talk to Putin, who can? The most promising candidate is French President Emmanuel Macron. According to reports, Macron has had a hundred hours of telephone conversations with the Russian president since December. To what avail? While the conversations may have solidified Macron’s self-image as a big league international leader, the war continues to rage in Ukraine. So President Biden is planning to meet MBS in the interest of Middle East peace and peace “around the world,” but no mention is being made of a follow-up to the Geneva summit in the interest of peace in Ukraine.

Biden is also to meet MBS for increased oil supplies but he is not willing to meet Putin for increased grain. The problems of peace and oil override (I avoid the use of trump even with a small t) human rights violations while a direct discussion with Putin for peace and grain has no possibility. The fundamental question is the value of talking. Any proposal to have Biden meet again with Putin brings back memories of British Prime Minister Neville Chamberlain 1938 talks with Hitler. The appeasement agreed upon in Munich had no positive effect in stopping World War II. Macron is being criticized along these lines. Biden would certainly be rebuked for even proposing a second summit.

Read more …

“it’s essential to have free speech and for people to be able to communicate freely.”

Elon Musk To Make Twitter Inclusive, User-Friendly & Profitable (TMS)

Elon Musk is aiming to significantly transform Twitter, according to him during a meeting with the platform’s employees on Thursday. He plans to purge it of bot/fake accounts, increase the number of real users, and allow free speech to flourish while boosting profitability. Employees who do their job responsibly will not be fired. Elon Musk met with Twitter employees on Thursday to answer their questions, clarifying the future of the platform that will become his if the purchase will be completed. He spoke about some plans, and also explained his views on remote work and layoffs, which employees are afraid of.

Musk Veritas

During the meeting, Musk made it clear that freedom of speech is a priority for him. Speaking about his stance on content moderation, he said, “We should allow people to say what they want.” Musk emphasized that “it’s essential to have free speech and for people to be able to communicate freely.” To be very clear, he said that Twitter should work to prevent the spread of potentially harmful or offensive content in order for users to feel comfortable using the platform. “There’s freedom of speech and freedom of reach,” Musk said. He explained that anyone can go to Times Square and say whatever they want, but this does not mean that it needs to be advertised to millions of people.

Therefore, Musk believes that people should be allowed to say whatever they want that is within the law, but they should not be amplified and widely spread. “Anyone could just go into the middle of Times Square right now and say anything they want. They can just walk into the middle of Times Square and deny the Holocaust … but that doesn’t mean that needs to be promoted to millions of people. So I think people should be allowed to say pretty outrageous things that are in the bounds of the law but that don’t get amplified and don’t get a ton of reach.” In addition, Musk said that he has a plan to attract hundreds of thousands of new users to the platform, bringing their total to a billion or more. To date, the platform has just over 200 million accounts, although it is difficult to say for sure how many of them are bots/fake.

Employees

Read more …

CNN is losing too much money.

New CNN Boss: Stop Calling Trump’s Election Fraud Claims ‘The Big Lie’ (DM)

CNN’s new boss Chris Licht has ordered staff to stop using the phrase ‘the big lie’ to describe Donald Trump’s 2020 election fraud claims, as it’s a Democrat slogan. The wording is a popular one for the network. According to Mediaite, the phrase has been said 168 times in the first half of June alone. Hosts like Reliable Sources’ Brian Stelter are often fond of the phrase to the point where they use it prominently in graphic packages and chyrons. But Licht has ordered Stelter and other journalists to stop, and has suggested ‘Trump’s election lie’ or ‘election lie’ as possible replacements. He issued the edict days after warning staff over their incessant use of ‘BREAKING NEWS’ graphics on stories, which he said was melodramatic, and ultimately diluted the power of big stories when they did break.

Licht was asked to opine on the term during a conference call Tuesday with the network’s management and the producers of various shows. He allegedly said that he preferred staff avoid it, though was clear in saying that this was not mandatory. A source said that Licht believes the specific phrasing of ‘the big lie’ – a reference to Hitler’s Nazi propaganda efforts during the Third Reich – is a Democratic Party talking point. CNN has come under fire for moving away from its well-respected news coverage towards dreary opinion programming, where hosts on seven and eight-figure salaries parrot woke talking points. Licht is also said to be keen to move the well-resourced network back towards neutral news coverage, with CNN hailed over its coverage of the Ukraine war and other big international news stories.

[..] Licht, as part of his efforts to revamp the outlet, has been evaluating news personalities and programs that became polarizing during Donald Trump’s presidency. Those who fail to get on board with the network’s new priority to become ‘less partisan’ could be terminated, CNN insiders told Axios. Licht isn’t reportedly looking to get rid of primetime personality programming, but he does want CNN’s news staff to present information in a way that upholds the network’s apparent values of unbiased reporting. Analysts allege this could prove problematic for network correspondents Jim Acosta and Brian Stelter, among others, who have ‘become the face of the network’s liberal shift.’

Read more …

“Trump’s statement appeared to appeal to the Federal Communications Commission’s equal time provision that mandates that U.S. radio and television broadcast stations must provide an equivalent opportunity to any opposing political candidates..”

Trump Demands Equal Time On TV Networks To Counter Jan. 6 Hearings (JTN)

Kept by congressional Democrats from putting on a defense, former President Donald Trump demanded Thursday that television networks airing the Jan. committee hearings provide him equal time to provide his side of the case. “I DEMAND EQUAL TIME!!!” Trump said in a midday statement posted on his Truth Social media site just hours before the Democrat-led panel began a new hearing on the Capitol riots. “The Fake News Networks are perpetuating lies, falsehoods, and Russia, Russia, Russia-type disinformation (same sick people, here we go again!) by allowing the low rated but nevertheless one sided and slanderous Unselect Committee hearings to go endlessly and aimlessly on (and on and on!),” the 45th president added.


Democrats holding the Jan. 6 hearings have refused to let House Republicans to put their own members on the committee and have openly talked about the hearings being a vehicle to keep Trump from running again. “The point is that the constitutional purpose is clear, to keep people exactly like Donald Trump and other traitors to the union from holding public office,” Rep. Jamie Raskin, D-Md., told ABC News earlier this year. Trump’s statement appeared to appeal to the Federal Communications Commission’s equal time provision that mandates that U.S. radio and television broadcast stations must provide an equivalent opportunity to any opposing political candidates who request it if their opponents has gotten it. Trump called the Jan. 6 hearings “a one-sided, highly partisan Witch Hunt, the likes of which has never been seen in Congress before and that he deserved time on national TV to present his side of the case, including election irregularities and Democrat failures to secure Capitol.

Read more …

Simone Gold was at the Capitol not to riot, but to talk about and protest the vaccine rollout. And she did.

COVID Dr. Simone Gold Sentenced To Prison For Jan. 6 Riot (JTN)

Founder of America’s Frontline Doctors, Dr. Simone Gold, was sentenced to 60 days in prison for her role in the Jan. 6 riot. Gold, who rose to fame during the COVID pandemic for pointing out the vaccine’s unknown factors, will have one year of supervised release following the prison sentence, Department of Justice records show. She must also pay $500 in restitution and the maximum fine of $9,500. Gold pleaded guilty in December to entering and remaining in the Capitol building. On the afternoon of Jan. 6, Gold spoke in Statuary Hall about her opposition to vaccine mandates and government lockdowns, the DOJ’s Statement of Offense claims. She was arrested by FBI agents 12 days later. She made headlines in 2021 for telling the “Mad Truth with Dr. Gina” podcast that it is illegal “to mandate an experimental medication or treatment for anything” and advocating for those who are less vulnerable to abstain from vaccination.

Read more …

 

 

 

 

 

Gonzalo Lira: “Oh boy. So one of the Americans captured in Ukraine, Robert Drueke, is not a trained combat soldier—he’s a chemical weapons specialist.”

 

 

 

 

 

 

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Home Forums Debt Rattle June 17 2022

Viewing 26 posts - 41 through 66 (of 66 total)
  • Author
    Posts
  • #109887
    Susmarie108
    Participant

    The Albrecht Dürer Praying hands 1508 is a beautiful pen-and-ink drawing. Like V. Arnold, I found myself looking at my own hands – and admiring the precision of his work even more. I love the background as much as the hands, a very different form of contrast.

    When hands are joined in this manner and thumbs are placed at the Heart one may hear the words Namaste. This gesture is used in YOGA traditions as a sign of respect reverence. Bringing our hands together at the heart chakra increases the flow of divine love, kindness, and compassion. Bowing the heads and closing the eyes helps us surrender to the divine within.

    Dr. D’s commentary works well with today’s art don’t you think?

    LOVE to All.

    #109888
    Noirette
    Participant

    Formerly T wrote: Laws? There are no laws in economics, just bad math.

    First ‘Law’ of Economics: Bad math (math skills – logic) results (=) in bad answers. Take it from there.

    Right on.

    Economics, as a Science, is none such. It is fakey pretend underpinnings for shaping opinion and behavior, it is basically *prescriptive,* and not descripitive or interpretative in any way.

    It should belong to Social Anthropology, and take off from observing what happens on the ground (in different conditions, places, and so on.)

    References to ‘Math’ – formulaics, extrapolations, shoddy ‘generalities’, BS equations – are called on to provide a veneer of ‘seriousness’, in short, Scientism (in the perjorative sense) of the worst kind. The ‘Math’ is also put forward so as to confuse ppl who may then believe this is an ‘expert’ field, as the gobbledy-gook cannot be comprehended. Finally, it provides comfortable life-long jobs for some servants to BigCorps, oligarchs, and other profiteers.

    #109890
    John Day
    Participant

    Thanks Willem.

    Namaste’, Sister Susan.

    #109891
    citizenx
    Participant

    Gold spoke in Statuary Hall about her opposition to vaccine mandates and government lockdowns, the DOJ’s Statement of Offense claims. She was arrested by FBI agents

    You were just mentioning Mueller’s FBI as the Lefts Hero. FBI has become the SS of the Western Liberal Scum Deaths Heads…

    SS, abbreviation of Schutzstaffel (German: “Protective Echelon”), the self-described “political soldiers” of the Nazi Party. From the beginning of the regime, Democrats (Hitler) entrusted the FBI (SS) first and foremost with the removal and eventual murder of political and so-called racial enemies of the regime.

    And Assange? The rotting Queen and child raping Prince of England’s Regime are only interested in tea and covering up their personal Crimes… Boris the clown, another murdering liar just like their Royal Scum heroines…

    So the Elite Scum of the west are insistent on not releasing Assange and continuously torturing him til death. By all means extradite him to Amurikas regime to “stand trial”. Let the World see the show trial and absolute Hypocrisy of the USSA Regime Scum.

    Let the Land of the Free and Home of the brave govt filth display their vapid ethics and complete disregard for Law, Order, Human Rights, Freedom, Courage and Free Speech.

    Let’s get the Party started… The world will be a much better place after de-nazifying, de-militarizing, de-NATOing the USSA.

    No Justice, No Peace right Libtards? Know Justice, Know Peace , America has neither.

    #109892
    DarkMatter
    Participant

    @T-Bear

    “May she out live her children, and theirs as well.”

    The curse upon Cersi Lannister. Maybe a little walk of shame would be approrpiate too.

    #109893
    Formerly T-Bear
    Participant

    Noirette at 109888

    Thank you for the reply about First Law of Economics.

    I do find disagreement with you about Economics being a science, it definitely is, but the current form it takes puts that assertion into question. The solution is the current conception of Economics is invalid. You may search for roots and find vague traces occurring mainly in the Austrian School appearing post WW i, and a few interpretations of early French Economic philosophic studies (know also to Adam Smith) but no coherent presentation until the Chicago School, vintage WW II and later. This conception is known these days as MBA (Master of Business Administration) Econ 101 and is the universally taught and accepted version of Economics, its ultimate form is that of an ideologic black hole; once captured by its ‘gravity’ not even light can escape its influence. Several notable Economists have analysed its structure and have attempted escape velocity but still find themselves orbiting MBA Econ 101. Steve Keen is working on mathematical models more likely to function than those of Econ 101 but that only removes a few contradictions inherent in the prevailing economic ideology.

    TINA (There Is No Alternative) dominates what passes as Economics and will for the foreseeable future. At this time Economic history has been eviscerated as a study, little value is assigned its utility. Most all historical Economic development has been discarded. Michael Hudson is another whose analytic knife cuts deeply into Econ 101 inconsistencies but again posits no alternative. A large part of the problem of finding an alternative to Econ 101 can be put at the door of economic language itself. Unlike any other science, economics has not defined specifically its terms which escape into fungibility. Sociology is scientifically sound because of defined terms in the same way physics is defined by mathematic formula. Only economics has a seat at the Queen of Hearts tea table, things meaning just and only what the speaker meant.

    So completely does MBA Econ 101 dominate the thinking about economics that its influence will be overcome once the economic catechism passes from living memory. When that will be is unpredictable, chance can always find a way to emerge, just the way Newton emerged from Ptolemaic perception and Einstein from Newtonian. That emergence will not happen under current conditions.

    I trust the above will give some picture of the unease with the statement Economics id not a science and why. It is important to keep searching, questioning and exploring what is being produced, but also what has been produced and giving ear to new ideas in economics. After all, The Wealth of Nations is only about 250 years old that marks the birth of economic study. Most other sciences have more ancient roots.

    #109894
    Veracious Poet
    Participant

    Across millennia technology & science (math, economics, computers, weapons of war et al.), always has an override backdoor, where “The Owners” can intervene & instruct “The Anointed” to fix the game to support “The Narrative”.

    These kleptocrat systems of manipulation always have a shelf life, some shorter than others…

    Firebombing either type of clinic is not not appropriate.

    Yeah, something like assault, battery, murder & arson aren’t really “appropriate” actions of sane humans, is it? 🙄

    #109895
    Veracious Poet
    Participant

    John, not sure how that happened, perhaps divine intervention? 😉

    #109896
    Michael Reid
    Participant


    The old world is over: Key takeaways from Putin’s first major speech since Russia’s military offensive in Ukraine
    Russian leader has buried the old world order and outlined his view on Russia’s and the world’s future, in a key address

    New centers of power have emerged, the unipolar world order isn’t coming back, and the “colonial” way of thinking has failed, Russian President Vladimir Putin told the St. Petersburg International Economic Forum (SPIEF) on Friday, in what the Kremlin described as an “extremely important” speech.

    https://www.rt.com/russia/557346-putin-spief-speech-takeaways/

    #109897
    V. Arnold
    Participant

    Michael Reid

    Thanks for that link; very informative…and spot on, IMO…

    #109898
    Oroboros
    Participant

    .

    #109899
    Oroboros
    Participant

    Got Heat?

    #109900
    Oroboros
    Participant

    Got Food?

    #109901
    John Day
    Participant

    @VP Gary: (“Woke” county sic?) was a feeble attempt at humor, punning, the lowest form of humor, while feigning ignorance regarding the story about non-service of 30 conservative moms in Wake County.

    #109902
    John Day
    Participant

    @Michael Reid: Thanks, i’m looking for the best story about that speech by Putin. Pepe Escobar might write it up. He’s there on site.

    #109903
    chooch
    Participant

    Formerly T-bear,

    Thanks for the commentary today.

    #109904
    V. Arnold
    Participant

    Formerly T-bear,

    Thanks for the commentary today.

    May I second chooch’s post; thanks T-Bear for sharing your knowledge of economics…

    #109905
    John Day
    Participant

    Interesting take here; not without research.

    Russia Believes False Flag Will Lead to US Entry
    https://www.zerohedge.com/news/2022-06-16/unlocked-russias-trenin-believes-false-flag-will-lead-us-entry

    #109906
    John Day
    Participant

    Formerly T-bear did not say: “Economics is the discipline where the majority is always wrong”.

    #109907
    Formerly T-Bear
    Participant

    John Day at 109906
    The German language has a word – ersatz – that may describe the zeitgeist (another German word) of the day. Ersatz News. Ersatz government. Ersatz education. Ersatz economy. Ersatz medicine/Ersatz vaccinations. Ersatz living. Ersatz beliefs. And so on. There is no right or wrong involved – it’s ersatz, maybe a dream, maybe a nightmare, all depends on the measure at hand. Economics has become a thought collective, a Hollywood “Borg”, self generating, self confirming ersatz. That is all.

    #109908
    Veracious Poet
    Participant

    Here’s another “feeble attempt at humor” ~ Youtube protecting sheeple from any information about the Party of Chaos’ theft of the 2020 election:

    YouTube removes video from Jan 6 panel including Trump’s election misinformation…

    YouTube confirmed on Friday that it had removed a video uploaded by the House select committee investigating the Jan. 6, 2021, Capitol riot for violating the platform’s election integrity policy.

    “Our election integrity policy prohibits content advancing false claims that widespread fraud, errors or glitches changed the outcome of the 2020 U.S. presidential election, if it does not provide sufficient context. We enforce our policies equally for everyone, and have removed the video uploaded by the January 6th Committee channel,” Ivy Choi, a YouTube spokesperson, said in a statement.

    Yep, like they used to say down in the South, a real knee slapper…

    #109909
    Veracious Poet
    Participant

    #109950
    Noirette
    Participant

    Formerly T, thanks for your response, I take it on board, good arguments, I just loathe some of the BS. Nevertheless, Economics, imho, belongs to Social Science, and not precise (such as it is..much of it odd and off key as well) Science which studies the natural world, e.g. astronomy, geology, physics.

    Economic interactions, as we see them, are between humans and the exploitable, useful, environment (earth and all its riches, Fossil Fuels, animals, husbandry, vegetation, agri, fresh water, seas, etc.), and so they are very much regulated, run, by humans. They are the main drivers. Which I’m sure you will agree with 🙂

    #109955
    Formerly T-Bear
    Participant

    Noirette at 109950

    Economics can be modelled as two cycles that feed each other. The production cycle that provides the economic goods that feed the consumption cycle which in turn provides the economic actors that populate the production cycle. That is the economic model at its stark simplicity.

      Economic production

    has four sources of

      economic goods

    , they are:

      Land

    ,

      Labour

    ,

      Capital

    and

      Entrepreneurship

    .that provide

      economic goods

    filling economic:

      Needs

    ,

      Wants

    and

      Desires

    that satisfy economic consumption. This handful of underlined words, properly defined describe the greater part of a model of how economics works. In all there are about 21 defined words to complete the model but you can see the basic structure with just these few terms. It shows the mass of BS that goes on in official economic education. The source was a class taken fifty some years ago in Economic History with visiting lecturer whose name is lost for concept credit,

    I have used underline to mark economic carefully defined words, I don’t have preview to see result.

    #109957
    Formerly T-Bear
    Participant

    What a fouled up piece of trash that turned out to be. Sorry I wasted my time

    #109959
    Formerly T-Bear
    Participant

    Noirette at 109950

    Economics can be modelled as two cycles that feed each other. The production cycle that provides the economic goods that feed the consumption cycle which in turn provides the economic actors that populate the production cycle. That is the economic model at its stark simplicity. Economic production has four sources of economic goods, they are: Land, Labour, Capital and Entrepreneurship.that provide economic goods filling economic: Needs, Wants and Desires that satisfy economic consumption. This handful of underlined words, properly defined describe the greater part of a model of how economics works. In all there are about 21 defined words to complete the model but you can see the basic structure with just these few terms. It shows the mass of BS that goes on in official economic education. The source was a class taken fifty some years ago in Economic History with visiting lecturer whose name is lost for concept credit,

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